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1
'
pnanrial
mmtci^
Supplement
Quotation
Street Kailwai| Supplement
(Monthly)
Investors Supplement (Quarterly)
State and Cit^
[Entered aooordlng to Act of Congrreas, In the year 1899, by the William B.
VOL
Supplement (semiAnnuaK^
Dana Gobcfant, In the office of the
SATURDAY, JULY
69
(^mAmuany)
Librarian of OongresB.]
NO.
^9, 1899.
1779.
iTee' ending July 2i.
18W9
OUaringt at—
1899.
P. Cent.
1898.
1897.
PUBLISHED WEEKLY.
Terms of Subscription
One Year
ForSix Months
—Payable
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$10 00
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—Oa
NEW YORK.
223 will be found the detailed returns by
States, of all the national banks, under the Comptroller's
call of April 5, 1899, kin<)ly furnished us by the Comptroller.
The returns for Feb. 4, 1899, were published in the Chronicle of April 8, 1899, page 66 i.
+29-5
Baltimore
24,336.617
4,739,360
2,167,666
1,801.127
-f34-4
-f39-8
644.835.297
69,568.382
23,105.466
16.315,269
8
8,916,1S'5
-f6-2
+29 8
4 39 2
1.814,955
1.267,781
934,079
916,132
683,912
303,700
4-518
-^68l
753,869.117
97,379,208
Wilmington
8y7,«16
Bingham ton
44 7,fl00
19,803,808
17.402,551
3 8^9,033
2 0fi0.440
1.426,718
988,922
865,297
691,915
321.200
1.129,545.212
741,00l*,412
155.149.568
62 299,370
(5.385.100
5.285,100
2,642 724
1.4W2,5' 9
1,279 010
1 397,170
1.308,164
651,5a8
751,395
-I-22-5
-^5-7
Buffalo
Washmfd^on
Rochester
Syracuse
Scranton
i,ose.(
Total Middle...
Boston
Providence
Hartford
2M5.12A
New Haven
1,744.3&7
1,537.3«4
1,477,943
Springfield
Worcester
Portland
Fall River
Lowell
New Bedford
Total New Bng.
Chicago
Milwaukee
Columbus
l,5tti,«16
846,^74
663 651
994,5a8
,
Indianapolis
Peoria
Toledo
Grand Rapids
Uayton
,
year.
,
307.291*
Seattle
CLBABINOS.
RtUtrm by Telegraph.
New York
,
Boston
PhUmdelphla.
Baltimore.
Ohloago
t. Louis
New Orleans
Seven
Ot&er
cities, 6
cities, 6
days.
days
Total aU cities, 6 da;8..
Ail cities, 1 day
TotaJ
!
:
ail cities
for
week
Week mnding
1899.
$716,784,961
111.893,881
71,650,406
14,989.621
92.276,498
23,938,106
6,244,389
Jl.036,679,851
176,979,984
$1,212.699,836~
260,186,924
4'1,ifl2.788,7.'i9
JulyiiO.
1898.
$524,857,592
70,667.595
51,318,800
14,100.376
73,817,013
20,070,087
4,665.970
$759,687,433
129,947,698
Per Cent.
i81,21t
403,731
205,811
173,478,401
19,223. '.31
2.361,711
1,991.332
1,029,771
1,940,07;
+16-1
+38-6
-1-35-4
1889,636.131
191,870,282
-I-38-3
81,081,20.^.41.^
i^3V.^
-1-306
The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to- day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday coon July 22, and the results for the corresponding
week in 1898, 1h97 and 1896 are also given. In comparison
with the preceding weefi: there is a decrease in the
aggre<aie ^X(ihiku«e8 of two hundred and twenty nine
million
dollars,
the
loss
at New York being
two
hundred and sixteen millions.
Contrasted with the
week of 1898 the <»tal for the whole country shows
an increase of 48
oer cent.
Compared with thf
week of 1897 tht current returns record a gain of 498
iper cent, and the excess over 1896 is 77-2 oer cent.
Outside of New York the increase over 1898 Is 37-6 per oent,
The ixcess over ^x^^ reaobes 46 5 per cent, and making
comparison with 189G the gain is seen to be 59-6 per cent.
9 -6
+40-3
-f27-9
-I-51-2
+5-6
76,808.689
11,766,400
6.019,219
6.11-,743
f,0l)5 lt6
3,143.700
2,257.7il2
622
-i-io-7
1,11,7
-t-60-l
2:5-5
-f
1,463.294
661,093
+41-9
021 099
+0-7
— 15'0
-f34-6
-4-:- 2-0
-i-5<i-7
1103,968
1,202,026
1,303,396
1,384.407
e 77.680
588.843
405,412
95,988,308
79.074,916
11,009,250
5,613,089
6,327.469
4.4I8.S03
3.112,400
2.039,191
1.485 452
1,660.329
721,847
819,2.9
275.236
308,293
203,0.0
254 881
222 100
259.540
254,034
207,e20
174,063
170,496
193 957
-t-26-0
-(-5:v3
-1-12 8
-1-109 i
298,' 31
25:i,7e3
I72.fel2
-f63
I80.995
132,893993
-1-30
12,6 5.987
1.400 263
1,312 170
-*-51
117 521,278
10.336,824
1,053.< 92
l,2.i5,02»
-1-31
1,172 707
79o.7ji
600, 00
-t-«6
118,896,015
14,111.980
1,061,709
1,021,429
1,214,142
450.000
668,912
6t7.800
608,843
151.171
50.976
292,0-0
239,001
197, 2»J
4-68
-t-4'-'
1-27-
191,709
147,111
1,168.001
928.377
600.000
387,868
644,451
2. 5,3*0
130,429
470,909
-118
00
6 ',786
^6,^69
29,911686
19,953,157
9.U06.2>4
6,004,716
5,181 2"7
-I-19-9
19.537,8/0
15.678.739
+91
3.4:<8.227
+ 21-7
+34 1
7,927.070
3.00
6,
4.504,7^8
3.1 9,052
2 123,101
1.05«.14K
839 387
4b7,430
491.803
7,995.686
5.771.191
4,490,416
4 625 151
1.880,841
032.792
703.435
Kansas City
-fl9-3
,0
-(-4
713.218
3S4.700
612,337.150
81,353,400
5,403,300
2,206,087
Helena
Fargo
-I-68-6
-f-26
330 2
+
9i30,75t
b38,fl66
814,4.39
+'38-6
-f8-3
1.017 762
11.753.0ru
6,122,. 73
7,000,162
4,454.070
3 350.400
2,»83.096
1,207,182
1,999,306
801,S43
723,722
677,110
3o7,59«
310,UOu
3l0,213
111486.074
5l5.9t9,C52
57,140,233
16.989.7&7
12,839,884
4 512,566
1,790.165
l,a0b,736
Tacoma
Sioux Falls
Total Pacific.
+ 38-6
-hSO-0
8:^,870,e85
417,259
40y,005
504,00u
369 9 J9
Spokane
-I-18-2
—25-3
114.215.698
13,831 :'50
9,151,55 d
11.03n,«54
5,6W7,4r8
5,100,000
8.038.93
2.09a.874
3,0uo,055
989,340
1.020,310
288 8o3
Portland
4,781, 5.0
2,127,924
1,397,213
1,276.891
l,38S,477
1.311.431
713.349
681,3«2
397.719
-f612
+2S-b
IT7
,
Los Angeles
-h22-0
-i-14-3
-i-ie-9
-f 101-8
111
Canton
Tot. Mid. West'n
San Francisco
Salt Lake City
+4-8
-t216
492 881
YoungBtown
Akron
Kalamazoo
-f26 3
107,453,167
682, 157
Lexington
-1-23
173.180,659
Evansville
Springfield,
5t
1,05 J 018
Springfield, Ohio..
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses
of the United States for the week ending to-day, July 29.
have been $1,463,786,759, against $1,614,639,033 last week and
last
-f65-6
6l},3^8.479
29,(109,476
Saginaw
Kockford
CLEARING HOUSE RETURNS.
corresponding week of
630.390,119
85.985,977
Cleveland
page
H, 081 205.413 rhe
980 471,913
Philadelphia
Pittsburg
Cincinnati
Detroit
\iriLLIAin B. DANA OOmPANT, Publlsliers,
Pine Street, Corner of Pearl Street,
Post Office Box 958.
New York
1898.
..
10,807,141
8.829.5-2
5,98 ,603
4 1S2 960
3 2H0,5i2
3.532,161
1,494,072
709,112
Minneapolis
Omaha
St.
Paul
Denver
Joseph
Des Moines
Davenport
St.
8ll,<il0
60o,8'j2
Sioux city
Topeka
43»,021
125 805
107,659
Wichita
Fremont
Hastings
Tot. other West.
St. Louts
New Orleans
40,bl4,lfc0
33 868,799
6,.ttJ4,V41
8,0o6,238
2 106 OaO
2 2-<6,H3«
2.084, 4S9
Louisville
Galveston
Houston
Savannah
Richmond
103,931
98,219
2 453,63-
+ 6h'3
-f30 5
643,0S8
699
I
5.-t
5
427,500
76 4S5
95 8«
645,
If
33,402.284
26,J47,923
6 315,672
6,237 196
2 181,550
1,910,03.1
1.45l,67ri
1,3-.;5,U20
Atlanta
1,3^5.? 14
1,265,228
1,0M,077
1,334,173
Augusta
,
1,013,221
68i,700
39 ,000
Birmingham
Macon
Little Rock
828,831
286 338
212,051
Chattanooga
Jacksonville
Total Southern..
Total all
Outside N. 7ork
Montreal
Toronto
Winnipeg
Halifax
Hamilton..
St.
John
victoria*
Vancouver*
Total Canada
7-0 502
57 .510
,
,
,
1.040,296
873,149
5'.6,m6«
387,509
06«,13-
858 732
3.<l,00n
327.090
290, 31
lv-9 Q-^6
67,605 832
63 47i,0>1
1 .614.03 9,033 1 091.303,H71
401. 113 155
634.167.120
l;^.0lx.^9^
IS.fS 670
7,4.17.792
9 016,680
1,475 -4
1 s--',h99
i 000
1.1-9 197
637 2f 9
776,845
016,185
832.751
811.5SI
21,375.277
29,626.317
]^
•Not included In totals.
+4o-e
+9-2
+31-0
3 2110.000
Knoxville
Fort Worth
-1
944.0:12
Memphis
Norfolk
40(1.1
4-S6--
2,680.4.M
l.512,<97
2,t51,62»
Nashville
-n&-
100
+-6-9
-I-2-7
-I-610
H
373..i8t)
4U9.879
82.109
_+12-l
65.'>77
-f22-3
-f20 7
27.674,8j1
23.91 0.7 7h
6 380.582
5.4 2 3o4
l,02l.26O
1.701 li*l
1.. 91,470
1,98',328
+9 7
1.14;\3U
+34
1
+ 1-1
4-29-2
-3-4
+19-7
+36-1
+29-8
,2 7
+f2-'i
+31-9
+60-3
+5-2-1
+ 90-3
+14-8
-t-0-3
—3-6
+0-2
+26-4
+ 48-1
959.2 lb
9*9,071
b4H.4l7
6(5,702
355 490
443,718
369.57 1
5 2,000
267.93252,''72
168
08>t
48,et9
17
,0 77,79 i. 440
49.'i,583
456.462
358,380
348.833
428,367
37,992
55 2 6
27,9t6,7al
19,469.808
5,912,613
4,020,93a
1.480,300
1,402,799
1.398.110
3,475,(96
959,087
805,628
809,330
815.887
400.000
358.790
608.606
272.718
210,580
198,390
210,878
41 o66.e84
911,866.210
397.390.158
10,987,734
8,l?9 614
1,(97,388
+21-8
432.967,1.3
12,r8H,291
0.406 951 339.930
1,101.4 7
640 011
+311
693,t-29
690,167
620.000
+21-6
23,234.126
20813.509
+.'i7-0
+ 20 3
+21-n
+2. 2
4-21-3
1.128,^^86
THE CHRONICLE.
202
YORK AND BROOKLYN TRUST
JVFW
COMPANIES.
For the information of those who may not have
noticed the statements, attention
we published
fact that
is
directed to the
in the CHRO]sriCLE last
week
(pages 183 to 186) complete returns of the trust companies of New York City and Brooklyn for June 30
[Vol.
LXIX
employe as well as to the employer, to make wages
higher; (2) that labor is not always the under-dog in
this country, for capital is already earning less than in
any country in the world and labor is earning more;
moreover, while the price of labor has been going up
the rate of interest has been going down; (3) that
politics often is at the bottom of strikes and fosters
them
to help party ends; (4) that bears in stocks can
compared with December 31 1898 and June afford to, and no doubt in some cases do, pay large
30 1898. Two companies which had not reported last sums to keep strikes in progress as an aid in depressweek will be found on page 231 to-day.
ing the values of properties they are short of; and,
finally (5) that one who has never employed labor is
greatly handicapped in attempting to form a correct
THE INVESTORS' SUPPLEMENT.
judgment on such questions; we will not say he is
The usual quarterly number of our Investors'
wholly incapable of an equitable judgment but
Supplement is issued to-day, and is sent to all our
he
certainly lacks a kind
of
knowledge es-
1899, as
subscribers.
The Supplement contains
on the following topics
articles
editorial
AND CHILLED CAR WHEELS.
IMPROVED METHODS IN USING EQUIPMENT.
THE MASTER CAR BUILDERS' COUPLER.
The stock market has been extremely dull,
first
a
fair
the miseries and the poverty of the world, and it is
through their sympathies they speak.
We honor
them
THE FINANCIAL SITUATION.
the
to
tion
FUEL SAVING.
STEEL-TIRED
decision.
Our last suggeswe particularly commend to honest clergymen; we were thinking of them as we wrote it.
Their profession brings them in close contact with
sential
:
especially
half of the week, but as a rule strong; what-
ever exceptions to this rule there have been have
become so through exceptional causes. Among the
railroad properties showing special strength were the
grangers, also the trunk lines (more particularly New
York Central and Pennsylvania), and among indus-
sympathy; we are only seeking to have
it in trade matters less emotional and more reasonable.
In that interest we would advise •that they
add to their sympathy practical knowledge of the
difficulties the manufacturer or the manager of any
industry has to struggle with before they can be sure
that their sympathy is not even harming those they
for their
encourage.
In our review last week of the country's foreign
commerce for the late fiscal year, we referred (as we
the manufacture of iron and steel. General strength
have on several previous occasions) to the great growth
has been due to the continued general business activwhich has been established in our exports of manucrop prospects ; special
ity and to the favorable
factures.
We did not then have exact figures. The
strength resulted either from large earnings reported
present week Mr. Austin, the Chief of the Bureau of
and persistent rumors of new combinations in
Statistics, who has gained distinction for the prompt
prospect, or the enormous current transactions and
Of these products way in which he issues these returns, has made public
profits in iron and its products.
As the growth in this departthe precise results.
almost everything that goes into the building industry
ment of our export trade has been such a feature of
is a notable illustration and yet receives little considerOne who takes a building contract now has to our trade development in recent years, brief reference
ation.
make extra allowances of time for getting his orders again to the same subject will not be out of
It appears that the value of the exports cf
place.
for many kinds of material he needs executed or he
manufactures
in the late fiscal year was, roughly, 48
The total sales of
will be cramped in fulfilliug.
million dollars larger than for the fiscal year precedstocks for the six dajs beginning Saturday and ending, bringing the amount up to 338 million dollars.
ing Friday, both days included, were only 1,529,233
The addition, too, was the result mainly of an inshares.
crease in the quantities sent out and does not follow
trials
all
those directly or indirectly connected with
Since we last wrote, the labor troubles have at some to any great extent from an advance in the prices of
The exports of the products of
points become more extended than they had been the goods shipped.
previously; also in the early part of the week the dis- agriculture fell off nearly 69 million dollars as comorder at Cleveland was much more disturbing, though pared with the previous twelve months, and thus this
the street car strikes of New York and Brooklyn have gain of 48 million dollars in the exports of manufacOn subsequent tures served to offset the bulk of that loss, besides
to all appearances wholly lapsed.
pages will be found an article with reference to these which there were increases under several other heads
in mining, in forestry products, in fisheries, &c., so
There is, though, one point in this contest
matters.
that
the aggregate of all merchandise exports came, as
that cannot be too strongly emphasized, and which
calls for amendment if we expect to have industrial we showed last week, within about four million dolThe followprosperity continued in any department. We refer to lars of the extraordinary total of 1897-8.
—
the sympathy which so
people ex- ing little table shows in compact form the figures for
really knowing each branch of the trade for the last five years.
many kind hearted
tend to these movements without
1899.
very much about their merits. In judging of
Products 0,1—
%
784.P«9,000
such matters there are a few basic facts which Agriculture
Manufactures.... 338,067,794
28,832,547
every one who attempts to judge should keep Mmlne
Forests
42,316,779
would
he
judge
if
justly;
these are (1) that Fisheries
in mind
6,026,440
3,281,650
unless capital is remunerated, that is unless in the Miscellaneous....
Total domestic. 1,204,123,134
case at issue capital can afford to pay higher wages, it
"
foreign...
23,082,286
is killing an industry, and in the end a cruelty to the
1,227,205.*19
Total all
1898.
*
853,688,570
290,(597,354
19,410,707
87,900,171
6,435,483
3,1H4,«?8
1837.
1890.
1895.
§
$
$
e83,471,t39 569,879,297 £.63,210.026
8',7,285,391 228,571,178 163,5P6,743
20,801,573 20,04',654 18,609.814
40,489,321 33,718.201
23,5:6,235
6,477,961
?,479,2:8
6,650,392
5,828,807
4,136,"6i
4,171,974
l.'']0,2tfl,913 1,032,007,603 863,i(K),487 793,392,6S)9
21,100,417
ie,98S,95'?
19,406,461
14,U6,566
1,231,482,330 1,050,993,556 882,t)(HJ,«i8 817,638,165
.
July
THE CHRONICLE.
29, 1899.]
observed that the course of the manufacturing exports has been uninterruptedly upward
through the whole of this period, and that in four
years the total has risen from 183 millions dollars to
338 million dollars. As to the immediate future, it
203
The Pennsylvania
It will be
Railroad, too
— that
great sys-
—
tem, typical of the country's industries presents another very encouraging exhibit. The return is for
the month of June. It shows for the lines east of
Pittsburg and Erie an increase of $518,300 in gross
would seem at first sight as if the great advance in earnings and of $29,200 in net earnings, and on the
the prices of commodities which has latterly occurred, lines west of Pittsburg and Erie directly operated
inand particularly in iron and steel, might involve the $551,000
increase
in
gross and $195,300
prospect of a material contraction in the outflow of crease in net.
In other words, on the combined
manufactures. But on this point it is by no means system the company for the month has added
possible to speak with any positiveness.
An advance $1,069,300 to its gross receipts and $224,500 to its net
here unattended by a rise abroad would of course revenues.
For the half-year ended with June the
make such a result inevitable. As it is, the rise in company reports an increase of $1,785,600 in gross
prices is practically world-wide, trade being as active with a decrease of $55,400 in net on the Eastern lines
in the leading countries of Europe as it is here.
The and $1,560,700 increase in gross and $823,300 in net on
matter therefore resolves itself into the question the Western lines. It may be added that the results
whether the old equilibrium will be maintained. If for all lines west of Pittsburg and Erie, including revso, then there is little likelihood of a check in the enue from all sources, show after deducting charges
movement. On that point one man's opinion is as and rentals a net profit for the six months of 1899 of
good as another's, and only the event can show $1,632,800 as compared with a net profit of $251,000
whether our manufacturing exports are to be reduced for the corresponding period of 1898. The following
or will keep up and possibly increase.
^ives results on the Eastern lines for a series of years.
Kailroad earnings continue to maintain their high
ratios of gain.
Our tabulation to-day covers the
returns for one week later, namely the third week
of July,
ing
and
weeks,
this,
shows
like
an
the tabulations for preced-
Lines east or
PITT8B0BG.
exceeding in
amount one million dollars, or at the rate of 52
million dollars a year.
In exact figures the gain is
.
This, too,
it
l,2i8,025
1.
1894.
I
5,10P,599
4,988,299
4.1 2.281
4.ll7,8i;8
4,0J7,168
3,337,147
9&7.T31
960,831
824,834
21.225
8,483,3501 8.-538,750
must be
8.481,350
7,51i>,556
7,645,356
6,870.719
borne in mind, is on only a portion of the mileage of
the country.
One of our representatives has had an
interview this week with General Manager Ramsey,,
of the Wabash, a road which has latterly been doing
exceptionally well.
Mr. Ramsey confirms the statements we have repeatedly made in these columns
Money on call representing bankers' balances has
loaned at the Stock Exchange during the week at 4
per cent and at 2^ per cent, averaging about 3i per
cent.
The lower rate was recorded on Thursday after
the requirements for the day had been satisfied.
On
that the improvement in earnings follows from the
growth of general business and can not be referred
to the grain movement.
Of course, on roads like the
4 per cent to 3^ per cent, Avith the bulk of the business at 4 per cent. On Thursday loans were at 4 per
Milwaukee &
St.
enues at present
Paul, where the expansion in rev-
almost phenomenal in extent, the
grain movement is operating as an additional favoring factor.
Obviously the growth in the general
business of the roads is the most desirable kind they
could have, since this brings better rates than the
bulky or low-class freights, and not so large a proportion of the earnings from such traffic is consumed
in operating expenses.
The Wabash has also this
week issued
is
return for the month of June, and it
shows very decided improvement in the net. Previously, owing to the company's liberal policy in
the expenditure for renewals and improvements,
gains in gross earnings were almost entirely consumed
Monday, Tuesday and Wednesday the range was from
cent and at 2^ per cent, as above noted, with the majority at 3f per cent.
On Friday the range was from
per
34cent to
4
per cent, with the bulk of the business at 3f per cent. Banks and trust companies quote
4 per cent as the minimum.
Time contracts on stock
collateral are a trifle firmer, and there appears to be a
better
tle
demand induced by the possibility of a litmarket for money during the fall and
winter months,
Early in the week some
closer
early
larger
banks
quoted
and
4^
4
loans
longer
periods,
of
the
its
by the augmentation in expenses.
For June, with
$164,725 gain in gross, there is 8152,963 gain in net,
the total of the net being $430,150, against $277,187
in the same month last year.
The Southern Railway
is another company which submits a very encouraging
return for June. It reports net of $505,129 for June
1899, against $398,977 for June 1898.
It should be
remembered, too, that this is without any increase in
mileage.
The Southern, as is known, has taken in a
number of new roads recently. The returns, however,
are so prepared as to give the earnings on the same
,
1,257.226
i8t5.
Jan. 1 to June 30.
Gross earnings
*3 148,911 31.363,311 29,589,511 30,305.275 29,5e8,'76 26,248.178
Operat'g expenses. 24,635,561122,824,661 31,108,161 22,7b2,719 21.913,410 19,377.^59
Net earnings
$1,066,196, or 16^ per cent.
18t6
1807.
June.
»
t
Gross earnings.
5,76C,735 5,248,4'',' 5.185,335
Operat'g expenses. 4,509,610 4,020,410 3,864,110
Net earnings...
improvement
1899
panies
per
and
per
cent
down-town trust comcent
for
for
short-time
contracts
for
and these rates were generally
quoted by the brokers making a specialty of time
loans.
In some cases, where an exceptionally choice
line of collateral is offered, loans
can doubtless be
For contracts on good
mixed Stock Exchange collateral, however, rates are
firm at 4 per cent for sixty days and 4@4^ per cent
for ninety days to six months.
The market for commercial paper is narrow.
There is a good supply, but
the demand is restricted, banks as a rule preferring
to loan on stock collateral rather than to buy mercantile paper.
This reluctance to buy paper is, it may
be observed, also noticeable at the East, and though
Chicago banks are buying in this market, purchases
basis of mileage in both years.
For the fiscal year
by other Western institutions are not liberal. Rates
lending with June the Southern Railway is over a
are 3f@4 per cent for sixty to ninety-day endorsed
million dollars ahead in its net earnings as compared
bills receivable, 4@4^ per cent for prime and 5@6 per
7 ith the preceding fiscal year.
cent for good four to six months' single names. The
effected at slight concessions.
.
.
THE CHRONICLE.
204
banks having the largest correspondence continue to
report generally satisfactory conditions in the West
[Vol. LXIX.
and
rates remained unchanged on Thursday, but on
Friday the market was weak at a reduction of :^ of a
and Southwest not only among the banks but with cent all around. The following shows daily posted
merchants also, and the majority of the banks seem rates for exchange by some of the leading drawers.
to be so well provided with funds as to be able to meet
DAILY POSTED BATES FOR FOREIGN EXCHANGE.
all demands for discounts without assistance.
FBI..
Mom.. Tnis,
Wbi.
THtJR
July 21 July 24. July 25. July 26 July
The European political
Bank of England minimum
unchanged
situation
quiet.
is
The
rate of discount remains
3^ per cent. The cable reports discounts of sixty to ninety day bank bills in London
3i@3f per
2|-
at
The open market
cent.
rate at Paris
per cent and at Berlin and Frankfort
cent.
According
to our special cable
it
is
is
3f per
from London
Bank of England gained £357,992 bullion during
the week and held £33,176,943 at the close of the week.
Our correspondent further advises us that the gain
the
(
Brown Bros
Co.,
Sank British
Merobanti' Bk.
of Canada
foreign exchange market has been quiet and
B8«
i5M
88Ji
88«
88>»
s-a«
'd^
t8}i
£5
86
86
85
4-6J^
tan
-8«
&8«
88\<
4 86
4 38
65
88
86
"SJi
t5
b8
85
88
85
86
88
f5
88«
88>«,
4 85
4 88«
8.5
es
f-sx
86
?6
88«
e8H
b5
S8
85
88
t-5
85
88
tb
88
P6
88
tb
b8
4-8>6
\
,
*8H
^5H
Sight...
I
Sight...
Sight...
4 85
4:6
4&8«
J
Sight...
4.5
4 88^
i
60 days
lf-6
J
Sight...
488
liftiard Frerei... j
60 days
The market was
weak
ts
t6
88
on
si]4
85
ts
t8l9
88^
Jvlt 28
88
65
E8
i-b
eb
8s
t5
,
fcf
Friday,
with rates
83|@4 84 for long, 4 87@4 87i
for short and 4 87f @4 88 for cables.
Commercial
on banks 4 83^@4 83^ and documents for payment
Cotton for payment 4 82f @4 83, cot4 82f @4 84.
ton for acceptance 4 83i@483i and grain for payment
for actual business 4
was due to the import of £795,000 (of which £291,000
were from Germany, £235,000 were bought in the
open market, £225,000 were from Elolland and £14,000
from Australia), to £30,000 exported to the Argentine
Kepublic and to £407,000 net sent to the interior of
4 83f @4
Great Britain.
The
Oo,
85
60 days.
•
Jk
85
J
Sank of
5 60 days,
Montreal
{sight...
Canadian Bank (60 days
of Commerce., J Sight...
aetdelbach, lok- J 60 days
eltaelmer
85
5
J60dayB
No. America..
86
85
4
4b8«
4;5H
1 Sight...
Baring,
Magonn i
60 day I
,
27.
84.
The following statement gives the week's movement
of money to and from the interior by the New York
tendency toward ease this week, banks.
which tendency was quite decided at the close.
Received by Shivved by
Net Interior
W$$k MnMn§ JuJy 28, 1899.
The market continues to be more or less influenced
tv. r. Banks. N. T. Bank*.
llovetnent.
bv the condition of the LDudon discount market. Correncx.
14,955.000 "$2,976^000 Gain $1,979,000
611,000
124,000 Gain.
187,000
This is the season when usually there is more or less G lid
Total irold and legal tenders..... tslsesiooo 13,400.000 Gain.t2,166,000
drawing of long sterling in expectation of covering
With the Sub-Treasury operations the result is as
This year such operations
with cotton bills later on.
follows
have been somewhat restricted by the advance in London discounts, and though some long drafts are being
Our o;
Jnto
Net Ohaniie w
Week .Bnding July 28, 1899.
irregular, with
a
:
made for this speculative purpose, the
moment deemed too great to permit
transactions.
Still it is
there would even
risk
is
of extensive
believed by some bankers that
now be
a fair
margin
of profit in sell-
ing long sterling at say 4 84, for the reason that short
sterling is offered for September delivery at 4 86^ and
for October delivery at 4 86, and moreover the proceeds of the long sterling can be readily loaned at 4
Though the outward movement of grain
per cent.
few spot commercial bills apThere are, however, fairly
pear upon the market.
liberal offerings of such drafts for near-by delivery.
One feature of the market has been the renewal
of sterling loans, which has caused a demand for
Another feature
short and offerings of long sterling.
has been a good inquiry for cables, which was particularly noticeable toward the middle of the week.
Receipts of gold at the Custom House during the
week were $59,794.
Nominal rates for exchange ranged from 4 85 to
4 85i for sixty day and from 4 88 to 4 88^ for sight until
Friday, when the higher long figure was reduced, and
rates thereafter were 4 84i@4 85 for sixty day and
Rates for actual business
4 88@4 88y for sight.
opened on Monday unchanged, compared with those at
the close on Friday of last week, at 4 84^@4 84^ for long,
is
large, comparatively
Banke.
at the
Aanks'interior movement, aa above
Sub-Treasury operations
Total gold and legal tenders
The following
in the principal
13,800,000
$19,466 000 $19 900,000 Loss
table indicates the
amount
ol
434.000
bullion
i7,
July 2S
18«9
I-.-
-^
of
eotd.
eoii.
Total.
Silver.
week
2,744,00;
S,0i!4,000
?03, 156,490
TpUpreT.w'klaoi ,48-J.4b9
3ot«i
t
33,176.918
33,,l76,f43
76,670,547 48,508,942 124,,879,489
Sermany .... 28,=i68.0C0 14,716,000 43, 2S4,000
94.307,000 5,408,000 £9 715 000
anasla
A.Mt.-Hung'y' S6,588.00u 12,7c3,000 49,,291,000
12,960.000 13.620.000, 26 580,000
Spain
16,2tl8 000
Italy
1,879.000 17, 147,000
Netherlands
Nat.Belglam
Silver
£
£
35 283 016
Ingland
France
Tot.thls
13.400 000 Gain S2,166.ii00
16,500,000 Loss. 2,600,000
ss.seeooo
European banks.
July
Bank
Batik Holdinf$.
Banfc».
«.
109,000,
1,5U,000,
8 853
001
4,,53tf,00l;
i
35 283.04$
76,094,667 49,666,448 124,760,105
28,''49,000 14,768.000 43,407,008
10,329,000 4,320,000 114,619.000
35,064. jOO 12 637,)0i.
10 213.000
14 783.000
3,701 000
6,928,009
2919,000
1,474 000
6,338.000
1,899.000
47.701,000
15,651,000
18,632,000
10,629.000
4,423,006
104305942 407,462,438 316,085,703 97,019,418 4m,085,151
103397929 404.887,338 316,853 871 96.323,470 413.179.341
LESSON OF THE STREET-CAR STRIKES.
The sudden outbreak
of
labor disturbances
in
numerous widely separated sections of the country,
and at a time when active trade had brought to labor
as well as
to capital a prosperity not paralleled for
at least eighteen years, has come in the nature of a
shock to the community at large. As a rule, it has
been the teaching of our industrial history that
strikes begin when the tide of business activity is on
4 87i@4 87i for short and 4 88@4 88i for cables. the ebb, or when conditions have so far altered from
The tone was irregular with long sterling easy and the high level of prosperity that the field of employPractishort sterling and cables steady, and it so continued ment and the rate of wages are contracting.
without change in quotations until Wednesday. cally no demonstrations of the kind occurred in 1880
Then rates for actual business in long sterling were or 1881, when a business revival like that of the presreduced one quarter of a cent, to 4 84@4 84:J^, while no ent year was in progress. The first serious outbreak
change was made either in short sterling or in cables. of that decade was witnessed in the early months of
The market was easy for long sterling and for Conti- 1882, when in many ways the turn in trade prosperity
nental and steady for short and for cables. The tone had come.
July
THE CHRONICLE
29, 1899.]
205
The Railway Union movement
in Chicago during unreasonable.
Some of the stipulations dealt with
compelled
the
Federal
Gov- alleged abuses which most people knew were pos}94, which in the end
ernment to intervene, was clearly a product of in- sible, and it was therefore very naturally concluded
Indeed, the records by a portion of the public that the men were
dustrial distress and discontent.
ol 1893, 1894 and IS95 present a list of labor disturb- entirely in the right and that the company ought to
But it must be observed, as matters of very
ances, usually unsuccessful, such as has probably yield.
There
country.
is
little
significant bearing in the controversy
never been equaled in this
first, that the
resemblance between the situation confronting labor great majority of the company's employes refused to
Possibly some- strike at all; second, that a good part of those who
in those y^ars and the situation now.
thing more of analogy may be discovered in examin- did quit work went notoriously because of intimidaing the wide spread railway strikes of 1886 and 1888, tion; third, that very slight difficulty was experiwhich, like 1899, included an aggressive outbreak of enced in filling the places of those who had struck
Yet the work; and fourth, that even the labor union leaders
street-car employes here in New York.
position of labor in 1886 and 1888 was far less favor- who had the mosi to gain and the least to lose by enable, and far more provocative of discontent, than couraging a properly-grounded strike, advised strenuthat vhich now exists and on the railways which ously against the Brooklyn demonstration until their
bore the brunt of the struggle with the labor unions advice was overborne.
This, it appears to us, is at least prima facie eviin that decade, the fall in profits distinctly pointed
dence that the Brooklyn trolley strike was not justified
the way to inevitable trouble with the wage scales.
There are several explanations made for the pres- by the situation, and that its failure was not only inent outbreaks under conditions so little provocative evitable but desirable.
The case of the very abortive
One explanation bases itself dis- labor demonstration on the New York street car lines
to labor troubles.
tinctly on the fact that trade is prosperous and is even more decided an instance of an unwarranted
This came close to an effort by outprofits are large.
It is argued that organized labor labor outbreak.
has deliberately, and on the whole judiciously, seized siders to compel by force a strike among contented
So far as we have been able to learn,
the occasion to demand its share of these increased employes.
returns of industry.
No doubt this would explain the situation in this week's strike of street railway
the recent strike of the Tin Plate Company's em- employes at Cleveland, Ohio, is in the main similar
We have at all events looked
ployes, as it certainly explains the early compro- to that in our own city.
mise accepted by the company, and the manner in in vain in the newspapers which profess to set forth
which other manufacturing concerns have anticipated the side of the labor unions for an intelligible outline
of just provocation for the move of the employes.
such demands by a liberal advance in wages.
But this is not the end of the matter. If there is
How far the outbreak of street-car employes here
and in Cleveland can be thus explained is doubtful. any one principle clearly established by the past
There are times when a wave of restlessness seems to decade's experience in labor disputes, it is this that
sweep over the laboring community in general, some- a righteous and justifiable strike of laborers will not
what similar in its way to that which besets the com- resort to violence. It is acknowledged, even by all
munity of small capitalists in a period of stock mar- intelligent labor union leaders, that it is as much the inket speculation. They Avish to better their own po- terest of the strikers in a just cause, as of the communsition, which in both cases is a natural and proper ity at large, to suppress all public disorder in behalf
wish but they wish to do it instantly and without regard of the striking employes. The reason for this belief
Violent assault upon the proper: y
to actual conditions, and the striking laborer, like is perfectly plain.
of
a
company,
or
the speculator, seems at such times to put everything
upon the employes who are content
at stake on the impulse of a moment. Unfortunately, to remain in that company's service when other emin the case of the laborer the awakening from his il- ployes have left, is a breach of law which, if long-conlusion is dangerously apt to be followed by a plunge tinued, brings a community inevitably into a situation
into lawlessness and disorder.
There are never lack- of anarchy and civil war. Now, even if it were true
which it is not that such demonstrations secured
ing leaders or some clr.ss of individuals who with interested motives seek to convert a body of law- the ends at which the striking employes had origiabiding laborers into a dangerous mob at such times, nally aimed, the fact would none the less remain that
and there very often is lacking the firm and judicia' the means of achieving succces had been such as comspirit in the executive authorities and in the com- pletely to undermine public security.
If even a just
munity at large which on such occasions is indis- demand of laborers on their employers could be attained by dynamiting the property of such employers
pensable for preserving the public safety.
The right or wrong of a strike may be judged in sev- and assaulting the employes who refused to strike, it
eral ways.
The demands put forward by the men as the would equally follow that unjust demands could be
condition of their return to work is one means for such attained by the same means.
judgment. In the case of the recent strike of Tin Plate
Modern society has very properly refused to draw
employes the demand for higher pay was at all events the line in its judgment of such violations of public
warranted by the result for when the men struck order.
It recognizes, through a proper instinct of
work the mills, though crowded with orders, had to self preservation, that violation of the law in one case
close down because of absolute inability to secure new must be judged as it is judged in all other cases that
hands.
There was no intimidation of new hands, for property and life must be protected, whether they are
there were no new hands, and in the end the com- assailed by discharged laborers or by professional dispany granted an increased wage scale.
turbers of the peace.
No proposition could be more
The case of the Brooklyn and New York street-car monstrous, in the light of modern civilization, than
strikers was different.
It is
true that the de- that which concedes to an aggrieved employe the
—
;
—
:
—
—
;
;
mands submitted
by the committee of striking right to blow up street-cars, to fire pistols into
Brooklyn employes did not on their face appear groups of peaceful citizens, or to burn down build-
THE CHKONJCLE
203
the public streets, merely because he
has, or claims to have, a grievance against his
employer. Let it be noticed that it is always the
person or persons about to perpetrate such acts of
violence who constitute themselves the judges of the
propriety of such measures.
In all such instances the
ings
in
for them in
[Vol. LXIX.
any event.
The
of the first consolidated
was begun by a holder
mortgage bonds of the road
who had
into the bondholders' agree-
failed to
come
suit
ment under which the road was foreclosed and
sold.
There were only a few of these non-assenting first
mortgage bondholders, but they fared hardly
situation simply is that riot is instigated, civil war much better than the junior security holders.
The
engendered and the security of the whole community amount of this first mortgage was $5,000,000, and
jeopardized, merely because certain members of that while the property was clearly worth that much, at
community are dissatisfied with their own position.
foreclosure it brought only the upset price, $1,000,000.
The case seems such as hardly to need argument, Consequently, after providing for expenses, etc., the
and no argument would be needed but for a senti- pro rata allowance remaining for the bonds was very
mental view of the labor problem which so affects small. The bondholders who were parties to the
some minds as to excuse even acts of violence and reorganization got securities of the new company
bloodshed when the alleged purpose of such acts is to (the South Carolina & Georgia) to represent their inMischief
extort concessions for a striking laborer.
done when such perverted notions gain control even of a few minds in the community; what it
would mean if such ideas were countenanced by
the majority of citizens was dimly foreshadowed in the
early days of the Chicago railway strike of 1894, when
the second largest city of the Union was for three days
virtually held in siege by violators of the public law.
The recent experience of New York shows that
enough
is
terest in the property.
The non-assenting
holders, of
course, could get only the small pro rata allowance to
which they were entitled out
of the proceeds of th e
foreclosure sale.
Joseph L. Moss., Jr., a broker, held one of these
unassenting bonds, and in 1898 he brought an action
on behalf of himself and others similarly situated
against Peter Geddes and certain other defendants.
He
alleged that on or about the 30th day of January
1894 the defendants named in the complaint, in coThe prompt and thorough maintenance of public operation with the bondholders they represented (conorder by the police in New York and Brooklyn last trolling together more than a majority of the bonds),
week, and the unhesitating manner in which violence "arbitrarily and wrongfully formed themselves
here, at least, the lesson of 1894 has been learned.
was suppressed by a vigorous show of superior force
and unsparing discipline, were highly creditable to
the city. More than this, the exhibition of unflinching
firmness was merciful to the laborers themselves.
In
Cleveland, where the public authorities hesitated at
the start to deal with violence as it should be dealt
with, the sure results of such misplaced philanthropy
have been witnessed this week. In the end the riot
had to be put down as it ought to have been put down
in the beginning, but the delay in upholding the law
cost the lives both of riotous laborers and of innocent
outsiders, which would have been saved by an early
assertion of the public prerogative.
RIGHTS OF NON'ASSENTING BONDHOLDERS IN REORGANIZA TIONS.
Judge Stover
in the
New York Supreme
Court at
Term
(Part III.) has just rendered a decision
bearing upon the rights of bondholders of an insolvent corporation who are denied participation in a
Special
reorganization under foreclosure because they failed
become parties to it. As was to be expected, the
Court decides that such non-assenting bondholders
are not entitled to any of the benefits resulting from
the reorganization. The facts are somewhat inter-
to
committee" for the bondholders, for the purpose and with the intent to
control the purchase of the mortgaged property at
foreclosure sale then about to take place.
That in
into
a
self-constituted
pursuance of this plan they prepared a bondholders'
agreement, and that this agreement contained a proviso declaring that no bondholder who should not
have subscribed to it should have any rights under it.
It was further charged that by means of the committee's wealth and their large holdings of the bonds (for
themselves and those they represented), and their
great infiuence and power, they induced nearly all of
the bondholders, except about $200,000 par value, to
The plaintiff averred that he
sign the agreement.
had no knowledge of the formation of the committee
or the existence of the bondholders' agreement until
the sale of the mortgaged property at foreclosure.
He declared that he had been ready and willing to
pay his reasonable share of the expenses of the Committee, and at divers times had demanded that the
defendants should account to him for his share of the
proceeds. He accordingly asked for judgment and
that he be given other equitable relief.
The defendants interposed a demurrer to the complaint upon the ground that it did not state facts
to
constitute a cause of action.
Judige
esting.
sufficient
out of the insolvency and reorganization of the old South Carolina Eailway, the
predecessor company to the South Carolina & Georgia
which recently passed into the possession of the
Southern Railway. That old foreclosure involved
All the
great hardships to many different interests.
Stover in sustaining the demurrer defines at length
The
litigation arose
the rights of bondholders and their relation to one
He says any number of bondholders had a
another.
right to organize for the purpose of protecting their
No effort was made to exinterests in the property.
junior securities, as will be remembered, were comThe stockholders saved nothpletely extinguished.
nor did the holders of the second mortgage
bonds, in which the Louisville & Nashville had such
ing,
a large interest.
ticipation given.
reorganization.
To
neither was any right of par-
They were simply
However,
it
left
out of the
was not these security
holders that took the case into court. They must
have recognized from the first that there was no hope
bondholder from participation in the
The purpose rather was to get all
the bondholders to join in it so that thev might parHowever, the
ticipate in the resulting benefits.
bondholdsolicit
the
not
bound
to
were
committee
ers, nor were they bound to call the attention of
every bondholder to the formation of the committee.
The mortgage itself contained provisions by which
bondholders could protect themselvt s, and any vigilant bondholder could have endeavored at least to
clude any
agreement.
\
—
J
July
;
THE
29, 1899.
*
g\i a majority
of the bondholders
to
CJaJaONlCLE.
request the
railroad- carrying
207
and the
interest
iron
and
steel
Both are making new records with the
trades.
tmstees to purchase the property.
Judge Stover says the whole difficulty with the lapse of every week. Railroad tonnage is on a scale
complaint is that it was based upon what to him never before equaled, and still mounting higher.
seans not to be a well-founded view of the rela- The improved returns of earnings disclosed by the
One bondholder, he roads all over the country are the best evidence of
tiott of the parties therein.
not a trustee for another as a result this. As to the iron and steel trades, the great adsimply of a common interest in the mortgaged prop- vance in prices which has taken place, as also all the
erty.
The plaintiff had the same right that the de- trade statistics, tell a story whose meaning and sigfendants had to institute proceedings looking to- nificance no one can misconstrue.
Last Saturday the American Iron & Steel Associawards a consolidation of the interests and bringing
In this case it was tion made public the official figures showing the protogether all the bondholders.
poiuted out,
is
provided that the agreement should not be effective duction of pig iron in the United States for the first
Every one looked
half of the current calendar year.
until a majority of the bondholders had signed it
and also (what was perhaps surplusage) that any for striking figures, and no one is disappointed.
bondholder not signing should have no rights under
it, besides which a time was prescribed within which
These provisions the
signatures must be received.
Court sajs were necessary, and it declares that the
plaintiff is not in a position to challenge their validity
because of a clause in the mortgage deed (to which he
had referred) providing that upon any sale of the
mortgaged premises the holders of the bonds secured
thereby, or any of them, should have the right to purchase upon equal terms with other persons. These
terms indeed made it clear that it was contemplated
by the mortgage itself that a single bondholder or any
number of bondholders might buy in to protect
themselves, and this the plaintiff knew when he took
his bonds, and he has no ground for complaint if the
other bondholders have seen fit to exercise that
To
say that the production has surpassed the very high-
est totals ever previously
ment which
reached
will obviously excite
natural concomitant
of
make
a state-
no surprise.
It is a
is
existing
to
conditions, and as
with the uninterrupted growth in the output
necessary to repeat
loses
some
it
over and over,
it
of the attribute of freshness.
it
is
necessarily
Yet
this
marvelous growth is one of the striking facts of our
industrial development, and it is well every now and
then to take reckonings and see just how far we have
advanced.
According to the figures prepared by Mr. .James M.
Swank, the General Manager of the Iron & Steel Association, the make of iron for the six months ending
June 30 1899 was 6,289,167 tons. In no previous
half-year have we produced as much as 6,000,000 tons.
right.
In the last half of 1898 the output was 5,904,231
Any number of bondholders might have combined tons, in the first half of 1898 5,869,703 tons, but
without permitting others to join them; but in this these were themselves uaexceled totals.
In the last
instance the agreement, upon the face of it, was open half of 1896, when the Presidential election fought on
to all.
"Certainly the Court ought not to say that the silver issue was in progress, the product was only
where an agreement has been made which the plaint- 3,646,891 tons, and in the last half of 1893, at the
iff might have taken advantage of, but has not
time of the panic, it was but 2,561,584 tons. For the
whether because he did not know of it or whether he whole of the year ending June 30 189t we actually
thought it was for his best interests not to do so, or made a million tons less iron than in the first six
for any other reason
that simply because it turns out months of 1899, the comparison being 5,279,567 tons,
that his best interests would have been conserved by against 6,289,167 tons.
This is an impressive conjoining in the agreement, it will see that his trast. Yet more impressive is the fact that since the
—
judgment is corrected or his laches exand that he should be placed in as good
a position as he would have had had he exercised
the rights which he had.
The other bondholders
owed no active duty to him. They owed the same
duty of fair dealing and right conduct that any person engaged in business ventures exercises. But they
did not owe the active duty of seeing that he was informed of his rights or of seeing that his position was
fully explained to him, or of informing him of all the
proceedings which they were taking to protect their
err r
of
cused,
individual interests."
settlement of the silver issue in 1896 the output of
and uninterruptedly increased, each
six months
showing an improvement on the six
months preceding, so that in the interval of two and a
half years the half-yearly total has risen from 3,646,891
tons to 6,289,167 tons, as may be seen by the foliron has steadily
lowing.
PRODUCTION OF PIG IRON IN HALF-YEARLY PERIODS.
Orosi> Tonn.
1888— 1st
half
Sdhalf
1889— Ist
half
Sdhalf
1890— l8t
half
2d half
1891— l8t half
'>
1894— let half
3 Ov 0,092
34^9.646
3.6hl,fi03
394',039
4.500,513
4,642,190
3.368,107
4.911,763
4,-6m,683
4 387,317
4,562.918
2,561,584
I
i
'
2(1
half
1895— lat half
half
half
2d half
2rt
1896— 1st
;
1897-lsthalf
Orosn Tons.
2,717,^83
3,939 405
4,087.558
5.3f>8,750
J,976.236
3 64 6.>-91
4.403,476
5,249,204
2dhalf
2d half
pointed out that had the venture resulted
1892— 1st half
5,><69,703
189S— let hxlf
2dhalf
unprofitably, there is no principle of law or of equity
Sdhalf
5,904,231
1893— iBthKlf
1899-l8t half
6,28r,l67
that could compel the plaintiff to bear a share of the
Zdhalf
It is to be remembered that this is the record in the
expense or loss connected therewith. The fact that
the sale occurred
1894, while the plaintiff took face of som8 unfavorable conditions the present year.
no mo^e in defense of his supposed rights until 1898 As Mr. Swank points out, but for the very severe
It is also
.
m
weather of February and March, which seriously interfered with the activity of furnaces that were thea
him.
in blast and with the blowing in of idle furnaces, the
TUB COUNTRY'S
IRON
production of pig iron in the first half of 1899 would
PRODUCTION.
have been larger than it was. The following shows
As on previous occasions of industrial revival, two the make of iron according to the fuel used in its progreat industries appear to be particularly blessed in duction.
We add figures to indicate the changes in
the present period of trade activity. AVe refer to the unsold stocks.
is
likewise referred to, and construed unfavorably to
LARGE
THE CHKONICLE.
208
in shop work, is constantly expanding.
PRODUCTION OF IRON ACCORDING TO FUEL USED.
Pint Six Monthf.
Bitumin'us coal
Anthracite alone
Charcoal
—
!
e83,027
635,209
47?,837
684,011
J87.4:9
413,047
128.485
147,003
121,757
138,f97
103.001
102,697
so extensive or so important.
5,478,655
1894.
5,087.491 3.804,882 4,155,528 3,497.078 2,203.239
Total
6.269.167
June 30
December 31
127,193
Note —In above stocks
The
last
familiar instance of
use
its
in
is
'
5,869,7f3 4,403,476 4.9;6.236
4.(
87.55!- 2,717,983
Unsold stocks-
American Pig Iron
The most
actuating the airbrake.
It has been used for this purpose longer than
for any other and no other application of it is nearly
1895.
1896.
1897.
1898.
1899.
& coke
Mixed anthr. & coke
[Vol. LXIX.
a'-e
Storap'e
two
756.336
415,333
973,678
705,847
520,59u
374,978
847,686
506,132
575,866
661,328
iacluded amounts reported lield by the
Warrant Company.
lines in the foregoing
showing changes
in stocks deserve very careful study, for they are part
They make it
stocks have been drawn down close to the
of the history of the six months.
evident that
It is pointed out that the statpoint of exhaustion.
istics of stocks of unsold pig prepared by the Association do not include pig iron sold and not removed
compressed
so
much
power
As
a shop accessory
comparatively new, but it has
to recommend it on the score of cleanliness,
air
is
cheapened cost and adaptability that
grown in favor
for all
has rapidly
sorts of shop work requiring
it
continuous power.
A compressor and pipes through the buildings to
carry the air to places where it may be needed is
about all that is required to install a compressed air
plant.
It
is
the lightest
equally applicable
work that has
to
the heaviest and
done in a railroad
to be
shop, either lifting of a locomotive or in boiler rivet-
ing and drilling.
It is used generally for cleaning
from the furnace bank, or pig iron in second hands or
both the outside and the inside of cars. The force of
in the hands of creditors, or pig iron manufactured
air will remove dust that cannot otherwise be reached,
by rolling-mill owners for their own use. The stocks
and the upholstery is more thoroughly cleanedthan is
which were unsold in the hands of manufacturpossible by beating.
ers or their agents on J ane 30 1899 amounted to
The Delaware Lackawanna »& Western Railroad has
only 81,220 gross tons. This includes 4,827 tons in
just begun to paint freight cars at its Dover, N. J.,
the yards of the American Pig Iron Storage AVarrant
shops by compressed air, and this is one of the most
Company which were yet under the control of the
familiar instances of its advantages in light shop
makers, the part in these yards not under their
work.
The reports as to the results obtained agree
amounting to 45,973, which ailded to
control
with those found elsewhere. The plan is proved to
the 81,220 tons mentioned makes a total of 127,193
be a perfectly feasible and satisfactory one, both in
on the market. The corresponding total six months
the quickness with which the work is done and the
ago was 415,3 33 tons and twelve months ago 756,336
smaller force required. The saving in time and labor
tons, while on June 30 1897 the amount was 973,678
is not at the cost of the thoroughness with which the
This fact of a decrease in stocks must be taken
tons.
work is performed.
Painting cars by compressed
into consideration if we would get some idea of the
time opposed on the ground
air was for some
amount of iron which has probably gone into conthat the paint could not be properly applied and
sumption. In the following we undertake the presthat it would not work into the wood so as to
entation of that kind of a statement.
Considerable
hold.
consumption of domestic pig iron
1899.
Consumption
Decrease.
1897.
1898.
painted has shown
1896.
1895.
1894.
4,403,476 4,976,236 4.087,558 2,717,983
125,992 19.^.715 140.73? •131.452
6,o77.307 o,fl8-,34-
4,277.484 4,776.521 4.828.29G 2.849.435
-88.140
experience
this
view
to
with cars thus
be an erroneous
one.
*i; 8,642
6.289.167 5,869,703
Increase in stock
UNITED STATES.
Gross Tons of 2,240 Lbs.
FiTSt Six Months,
Production
IN
The
air-applied paint has been found, in fact, to be
a better preservative of the
applied by brush work.
opening,
is
wood
or metal than paint
reaches every possible
driven further into the grain of the wood,
It
and into cracks, beading, etc.,
where it is impossible
This brings out in still stronger light the great
to get with the hand brush, so that the material
Allowing for the
activity which has prevailed.
which is being painted is more thoroughly covered
changes in stocks, consumption the first six months
and protected from all exposure. In painting by
of 1899 was 6,577,307 tons, against 5,088,345 tons in
compressed air a pipe is laid from the power house to
the first six months of 1898 and 4,277,484 tons in the
the end of the track where the painting is to be done
In other words, as comfirst six months of 1897.
furnish power to the small engine which runs th§
pared with these six months two years ago, con- to
paint spreader or sprayer.
The force of the air,
sumption has increased over 50 per cent.
which is easily controlled, regulates the volume of
Mr. Swank takes pains to repeat the opinion he has
paint applied.
By this method one man should paint
heretofore expressed, that the country's capacity for
a car in less than half an hour.
It is said that on the
the production of pig iron is equal to any possible demand that may occur this year. Reserve capacity, Lackawanna railroad it was found that on the first
day compressed air was used, as many cars were
he points out, is steadily being drawn upon as the depainted as could have been done by four times the
mand increases. The supply of iron
and fuel
force using hand brushes.
the demand, and in
ores
will also,
he
asserts, be equal to
one instance of the better work done by the
As bearing upon the same sub- use of compressed air power in a direction where it
these raw materials.
might be supposed to be hardly practicable, or else
ject, we notice that the "Iron Age" this week sajs
open to the objection that the work would be done in
that furnaces to make foundry pig are blowing in
an inferior manner. In this, as in whatever work
right and left, and that there will be a notable increase
used, the saving in labor and in time is very considerin that direction.
able, and the efficieney of the work quite as good as
by the old methods, and often much improved. The
COMPRESSED AIR IN RAILROAD SERVICE. saving in the cost of power where compressed air supThe use of compressed air seems to have been de- plants the steam is always very large, while from the
veloped in railroad work more extensively than any- standpoint of cleanliness alone there is a substantial
where else, and the field of its usefulness, particularly argument in its favor.
his estimation there will be
no famine
in either of
This
is
July
THE CHRONICLE.
29. 1899.
209
Joshna W. Hering, H. H. Haines, Henry Page, Theodore F.
Wilcox and Summerfield Baldwin, Committee of Af^minisLawrence B. Kemp was reappointed Secretary and
tration.
570 shares, of which 270 were at auction and 300 at the Stock
William Marriott was reappointed Treasurer. The Secretary
Exchange. Add to this 50 shares sold at auction of the
and David Sloan were appointed delegates to the American
National City Bank of Brooklyn, brings the total sales of
Banker's Convention, which will meet in Cleveland Sept. 5.
bank shares up to 620 shares. The details of these sales and
of the sales of trust company stocks during the same period
—The Banque Ville de Marie of Montreal, capital $479,650,
are given below.
and surplus §10,000, suspended payment on Tuesday in conShares.
Last previous talt sequence of a run by depositors caused by reports of defalcaBanks— A^cw Yorle.
Price.
104American Exchange Nat. Bank
187-187ie July '99— 187
the employes of the bank. The amount of
*300 Broadway Bank, Kational...
June'99— 24034 tions by two of
245
7 Commerce, National Bank of
267V270 July '99— 2631-2 the defalcations is reported to be over $50,000.
54 Fourth National Bank
192V19278 July '99— 192
2 Importers'
May '9P— 530
Traders' Nat. Bank.. 540»s
The condition of the Middlesex County, N. J., Bank of
ABOUT BANKS. BANKERS AND TRUST GO'S.
—Sales of New York bank shares aggregated this week
ITEMS
ife
25 Mercantile National Bank
78 Paik Bank, National
'BklSKi— Brooklyn.
50 aty Bank, National
.
49i;38
Apr. '99—
July '99-
185
501
276I3
July '99—
276I4
194
Trust Companies— ivcw York.
61 America, Trust Co. of
15 International BankiDg& Trust Co.
100 Produce Exchange TrustCo
*
Sale at the Stock Exchange,
t
New
—"We have several times called
JuDe'99— 236
2r.9
99—
May '99—
July
I'D
t200
stock.
;
175
1240
Old stock.
attention to the large un-
employed deposits banks are holding in cities other than New
York.
A good many times, too, in the bank items given
in this department a strong tendency has been shown by
financial
or reduce their capi
surplus so as to lessen the
onerous taxes and other expenses they are subject to.
We have heard of a notable new illustration this week
of that tendency. The old Bank of California at San Fran
Cisco has just sent out notices of a meeting of stockholders
to be held at that city on September 1 to take action upon a
proposition to reduce its capital stock from $3,000,000 to
$2,000,000. Those familiar with the facts state that the
movement is due to this same inclination to lessen the burdens of taxation and to decrease the large amount of money
they hold for which they are unable to find profitable use.
Like all the old and large banks in the United States, the
Bank of California accumulated a big surplus fund in times
when taxes were low and rates for m.oney high, so that on
the 1st of July its capital, surplus and undivided profits had
grown to be $6,337,829. At that date, too, its individual deposits were |11,407,379, its loans were |9,788,751 and its cash
tal
or
institutions
to distribute
on hand was
to consolidate
their
.$4,007,028.
Now the proposal, as stated above, is to reduce the capital.
Should this plan be carried out, the capital and surplus combined will
still
be $5,337,829, or the largest of any bank in the
—
Perth Amboy, which was recently wrecked by the cashier,
George M. Valentine, so far as it has been investigated
by the receiver, James Maguire, Cashier of the National
State
Bank
of Elizabeth,
shows assets of $403,247 56 and
liabil-
The individu&l deposits are $427,687 80 and
claims by banks amount to $106,148 63. The affairs of the
ities
$533,836 43.
bank are so greatly involved that Mr. Maguire has asked the
Vice-Chancellor to release him from the receivership, as his
duties as receiver would compel him to neglect those of
cashier of his own bank. It is expected that E, S. Campbell,
of New Brunswick, N. J., Vice-President of the Newark
National Banking Co., will be appointed permanent receiver
of the Middlesex County, N.J. Bank of Perth Amboy in
place of Mr. Maguire, but the latter has been appointed by
Judge Giegerich, of the New York Supreme Court, receiver
for the property of the bank in this State.
The bond of
Mr. Maguire has been fixed at $50,0C0, and all money received by him is to be deposited in the Union Trust Co.
,
—Mr. George
brief stay
Coppell sails to-day tn the Lucania for a
abroad to take a much-needed rest.
—
The adoption of the plan for the transfer of the banking
business of Morton, Bliss & Co. to an incorporation was announced in this column on July 1. The certificate of incorporalion was filed with the New York State Banking Depart-
ment
week. The name of the corporation is the Morton
Company and the capital stock will be $1,000,000. The
directors named in the certificate are: Levi P. Morton, Geo.
this
Trust
G.
Haven, A. D.
Juilliard.
Joseph Larocque, A. WoIfiF,
James W. Alexander, Frederick Cromwell, Henry M. Flagler, George F. Baker, D. O. Mills, Abram S. Hewitt, J. J.
Astor, Walter G. Oakman, William C. Whitney, John
Sloane, Edward J. Berwind, James N. Jarvie, Joseph C.
Hendrix and Richard A. McCurdy.
— Arrangements have been nearly completed for the merger
of the Queens County Bank of Long Island City, a State institution having a capital of $100,000 and a surplus of $16 1,600, with the Corn Exchange Bank of this citj', with the
object of making the Queens County Bank a branch of the
Corn Exchange Bank. The details of the merger will be
United States having $3,000,000 capital, with a single exception.
That exception is the Illinois Trust & Savings Bank of
Chicago, which after the arrangement to increase its capital
to $3,000,000, already determined upon, is perfected, will
probably have a combined capital and stirplus of a little over
$6,095,455.
Of course there are other banks of larger capital
and some of smaller capital in this city whose capital and
surplus combined are larger than either of the above-named settled at meetings of the stockholders of the respective
institutions.
banks to be held late in August. Mr. Walter E. Frew, PresiIn default of a sufficient supply of paper currency in the dent of the Queens County Bank, will supervise the business
Treasury with which to meet requisitions for the season's of the branch bank and he will be elected a director of ihe
crop movement, Treasurer Roberts has made provision for a Corn Exchange Bank. It may be noted that the last-namtd
supply of $5 and $10 gold pieces, and there are now in the bank has authority to increase the number of its directors to
—
Treasury, as reported by the Washington correspondent of
the "Journal of Commerce," $27,647,000 of $5 pieces. There
are also in the Treasury a little more than $25,000,000 of
$10 gold pieces, making an aggregate of about $53,000,000
eagles and half-eagles. Of these there are $14,999,000 halfeagles and $15,245,000 eagles in the New York Sue-Treasury;
there were on July 14 $7,235,790 half-eagles in the San Fran-
thirty.
The present number is fourteen. The quarterly
statement of the Corn Exchange Bank as of June 14 showed
individual deposits of $16,990,302, of which the Corn Exchange
Bank held $10,729,352; the Astor Place branch $3,636,960; the
Hudson River branch ^1,455,546 and the Broadway branch
$1,168,344.
The deposits of the Queens County Bank are now
about $2,500,OCO.
Sub Treasury and $79,995 half-eagles in the mint at
that city; $995,C00 half-eagles are in the Sub Treasury at St.
Louis, $826,200 at New Orlean.«. $275,000 at Chicago and
$130,000 at Citcinnati. The eagles at St. Louis are §1,578,-
— The Chicago Clearing House Association has this week
adopted the rule, referred to in this column July 1, providing
for the issue of Clearing House gold certificates against
deposits of gold by the banks in the Clearing House. The
Association has also decided to admit to membership the
Illinois Trust & Savings Bank and the Northern Trust Co.,
both of Chicago.
cisco
New Orleans $2,265,000, at Chicago $540,000 and at
Cincinnati $370,000. These amounts at interior points may
000, at
be regarded as sufficient to meet the early requisitions for
the crop
—
movement.
—The
following were, on Friday last, elected officers for
the ensuing year, of the Maryland State Banker's Association J. Wirt Randall, President of the Farmer's National
Bank of Annapolis, President; Robert Shriver, Edward M.
Mealey, Robert C. Hopkins, Thomas H. Robinson, Charles
E. Fink, William T. Dixon, John R. Bland, John Gill,
;
Eugene Levering and August Weber, Vice-Presidents
;
Dr.
In this column, July 15, the sale was noted of real estate
property in the vicinity of the Custom- House, on William
St. -and on Exchange Place, the purchases being made for
the purpose of improvement. This week the purchase is reported of 67 Wall St., east of the Castom-House, by Mr.
William F. Havemeyer, who already owns the adjoining
Wall St., running through to Beaver St. The
combined properties have a frontage of 75 feet on Wall St.
building, 69
THE CHKONICLE.
210
and
61 feet
on Beaver
modern buildings now
—Titles to the parcels of land included in the
for the
site
passed to the United States Government on Wednesday. These parcels are from No. 1 to No.
7 Bowling Green, No. 25 to No. 29 State St., No. 14 to No. 20
and No. 3 to No. 7 Bridge St., all inclusive.
The consideration was §2,195,290. The G-overnment, it will
be remembered, sold the present Custom-House building and
site to the National City Bank for $3,265,000, as was noted in
this column July 8.
St.
—The capital stock of the National
Bank
of
In the foUowlnt; tables three ciphers (000) are In
1898-99.
new Custom-House were
Whitehall
FoasiaM Tbadb jviovbubnt of thb dnitkd states.
Two
seven-story comparatively
cccupy the site.
St.
Commerce
Exportt.
fnerch'dlse. $
July-Sept...
347,737
38«.2fi8
Oct.-Dec...
lan.-March. 313,982
April
S!X,807
t
14J>,1'9
C
-J-9S.«1«
y5fi,470
l.-iH.sas
.f226,«83
3.'S3.471
19
31.'>.fi65
-|-3:t,699
99.315
-t-33,««5
lll,at-3
June
1,337,443
697,077
4-35,138
94,979
530 366
1,33M83
-f
Bxcttt,
t
«.'^,208
96.dv>4
.
Imports.
%
.,S19 -(-1 'i'^.eHS
1
oases omitted.
1897-98.
Bxportt.
TO.ieo
61,68»
I
35.948 -f-1 20,522
153,841 -HJ»9,H30
1«.'»,465 -fl 50,500
55,^46 -|-4:*,369
1
-h57.6f8
-f43,714
.'i3.5S5
51,ii65
61tf.0E0 +615,433
Gold and Gold in Ore.
6,556
3.413
30,908
3,483
3,070
3.108
-H7,802
37,522
88,955
-51,433
15,406
Oct.-Dec...
Jau.-March.
.14,747
30,820
14,'29
3,4!i3
April
1,163
3.049
June
to $5,000,000
Total
St. Louis has been increased from $3,000,00
Silver and
and the surplus and undivided profits account has also been
increased to $3,121,520. The increase in capital stock and July-Sept...
Oct.-Dec...
surplus was accomplished by the sale to shareholders of the Jati.-MarcU.
April
bank of 20,000 shares of the stock at $200 per share, yielding May
June
$4,000,000, of which one-half was added to the capital of the
Total
bank and one-half to the surplus and undivided profits. The
^ Bzcess of
—3«,19l
7,590
1,591
4,417
1,334
109
375
Jiily-Sept...
i
resolution for the increase of the capital, the passage of
all
.
Excest.
M.'*,825
Total.
.
Imports.
May
May
in
LXIX.
[Vol.
-37,407
—
ll,vi98
—1.320
-1-1,021
10,383
17,412
43
-3.793
—1 .'5,821
33.580
13,322
—38,947
-31.866
—13,213
3,830
-3,955
364
130,391—104,985
Stiver In Ore.
4-6,629
4,083
4,436
3.813
8,208
8,132
7,682
1,850
3,010
1,917
56,319
30,697
4-35,''22
14,835
I4,:wt
14.768
4-7,076
4-3,233
-+-1,428
4-1.926
— Excess of
exports.
14,453
16,054
13,158
4-6,8:^2
4,100
4,184
4,156
8,834
9.201
7,198
3,092
1.574
3,029
-f5.61»
4-6.86S
4-4.960
4-3,008
4-3,610
55,105
30,923
4-34,177
43.137
Imports.
which was noted in this column March 25, was adopted
We subjoin the totals for merchandise, gold and
March 21, and it provided for the payment of SS50 silver for the twelve months since July 1 for six
per share per month, and on July 6 the last instalyears.
ment was paid and certificates were issued of the increase
The St. Louis " Globe-Democrat
states
of capital.
Merchandise
Gold.
Silver.
that the National Bank of Commerce in St. Louis has an in"'
teresting history.
It
received
its
original charter February
14 1857, under the name of the St. Louis Building & Sav.
ings Association. The capital stock was placed at $500,000,
divided into 1,000 shares of $500 each, but when the institution began business only $8,500 had been paid in. The effects
of the panic of that year (1857) made collections on capital
account difficult, but by January 1863 $200,000 had been
paid in, and, availing itself of a new provision in the statutes, the par of tlie stock was reduced by the bank from $500
to $100, the old stock was retired, and new stock was issued,
making the capital $200,000 fully paid. In May 1864 the
capital was increased to $300,000, and January 1 1869 the
name of the institution was changed to the Bank of Comsurplus fund was accumulated by the reservamerce.
tion of the profits of the bank after 1866, and by July 1
1878
the
surplus amounted
to about
$800,000 and
dividends were resumed. July 1 1882 2,000 shares of new
stock of the bank were sold at $400 per share, thereby increasing the capital to $500,000 and the surplus fund to
December 16 18S9 the institution became the
$1,500,000.
National Bank of Commerce in St Louis, with a capital of
$500,000, a surplus of $100,000 and undivided profits of
$1,500,000. Subsequently 10,000 shares of new stock were
sold at $125 per share, and on December 23 1889 the capital
was increased, through this sale of stock and also through
the capitalization of the undivided profits as above, to $3,000,
COO and the surplus fund and undivided profits were made
$350,000. Now, as above noted, the capital is $5,000,000 and
the surplus and undivided profits are $3,121,520.
The principal officers of the bank are: W. H. Thompson,
President; J. C. Van Blarcom, Vice-President, and John
Nickerson, Second Vice-President. Directors: James W.
A
George O. Carpenter, Nathan Cole, Samuel M, Dodd,
T. Haarstick, T. H. McKittrick, C. D. McLure, John
Bell,
W.
Nickerson. H. C. Pierce, E. C. Simmons, W. H. Thompson,
J. C. Van Blarcom and Charles G. Warner,
—
The proceedings of the ninth annnal convention of the
Arkansas State Bankers' Association, which was held at
Little Rock, Ark., April 80 and 21, have been printed in attractive pamphlet form for private circulation.
The officers
of the Association are: W. Y. Foster, President; M. H. Johnson, Secretary; A. B. Colvin, Treasurer, and John G.
Fletcher, Charles McKee, J. W. Underwood, L. J. Stacey,
W. R. Cherry and S. A. Pernot, Vice-Presidents.
IMPOFTS AND EXPORTS FOR JUNE.
The Bureau of Statistics at Washington 'last
week issued, the statement of the country's foreign
Twe}vt
Mos. Exports. Imports.
Excess
Ex-
7m-
Bxportt
ports.
ports.
$
$
$
of
t
98-99 1,227,443
97-98 1,231,483
06-97 1 060 993
95-96 883.6' 7
94-95 807,538
93-94 89 1.BOS
•
697,07
616,050
764.730
779.725
731.970
647.775
Exceis
of
Ex-
t
$
Export! ports.
Imports.
Excess
of Exports.
i'~
«
530366 37,522 88,955 *5 1,433 56.319 30,697 35,622
U 5483 15,406 120,891 104,985 55,105 30 92'' 34,177
1
38626.^ 40,36< 85,015 •44,653 6 1 ,f 47 30,634 31.413
]0'.i8^2 112,410 33.525 78.886 60,54l 38,777 31.764
75.568 66.468 36,384 30.084 47,296 30.311 37.084
4.O06 50.667 19,966 30.70
344133 7«,99f 73.980
Excess of Imports.
Similar totals for the six months since January 1
make the following
exhibit.
Ubbchandisx.
Six
Mos.
Exports. Imports
OOLD
Excess
of
Ex.
Exporti ports.
<
t
1899 593438
1898. 631.542
1897 489.768
1896. 444
1895
ei-.'
3S6,8e.5
1894. 404.429
*
t
1
Im-
BILTBB.
Excess
of
port*.
Exporti
t
*
Ex-
Im-
ports.
ports.
Excess
oj Exports,
t
%
388.373 305035 37.553 33.388
4,166 37.120
336 2til 395281 6.225 93,538 •86 371 34,598
4.) 3 SOP 36.962 35.093
6,229 1 8,867 38.155
369,<58 74,95f 43,993 35.944 17,018 30.26i
8,733 i3,932
3 (#1,600 4,73 35.549 36.816
335,943 6¥.486 70,930 11,782 59.14^ 33,881
14.459 13.661
1 3,893 11,705
15.048 13,107
14.794 15,470
1O.590 13,543
7 813 16.07
Excess of imports.
In these tables of totals, gold and silver in ore for
all years are given under the heads respectively of
gold and silver.
The following shows the merchandise balance for
each year back to 1875.
EXCESS OF MERCHANDISE IMPORTS OR EXPORTS.
6 months ending June Z^ —
T2 months ending June 30—
Import8.$19,562,726
875
Exports. 79,643,481
876
Export8.151,152.094
877
Export8.257,814,234
878
Export8.264,661.e66
879
Exports. 167,683,912
880
Exrorts.259,712,718
881
Exports. 25,902,683
882
Export8.100,658,488
883
Exports. 72,81^,916
884
Exports. 164,662,42 3
885
Exports. 44,088,694
886
Exports 23,863,4 3
887
Imports. 28,002,607
888
Imports. 2,730,277
889
Exports. 68.518,275
890
Exports. 39,564,614
891
Exports.202,675,686
892
Imports. 12,605,798
893
Export8.244, 132,6w 2
894
Exports. 75,568,200
H95
Exports. 102,882.264
896
Export8.286,263.l44
897
Export8.ttl5,4v 2,676
898
Export8.530,366,037
809
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1 899
Import8.$21,795,212
Exports. .'^0,063,783
Exports. 37,896,413'
Export8.155,854.535
Export8.116,< 38,611
Exports. 31,163.494
Exports. 97,999,966
Imports. 39,437,030
Exports. 46,083,019
Exports 10,755,835
Exports. 55,313,693
Imports.
978,738
Imports. 27,090,127
Imports. 61,575,300
Imports. 30,655,256
Imports. 18.721,3631
Imports. 13,261,571i
Exports. 47,425,412'
Imports. 68,800,0211
Exports. 68,486,072;
Imports. 4,735,03?,
Exports. 74,95»,44(:i
Exports^. 36,961, 88!;|
Export8.295,2>-0,75f
Export8.205,0 64,97f
Failures for Second Quarter and Since January 1.—
The following figures, prepared by Col. W. M. Grosvenoi
for Messrs. R. Q.
Dun &
Co.,
show the number
of failure!
United States and Canada during the quarter endinj
trade for June, and from it and from previous June 30, 1899, and for the six months ending with the sami
statements we have prepared the following interesting date. For purposes of comparison like figures for the cor'
summaries.
responding periods of the preceding year are given
in the
:
1
ruLY
THE CHRONICLE.
39, 1899.]
-1898.No. of
Amonntof
Liabilities. Failures. Liabililien.
1899.
Amount 01
No.oJ
Setond Quarter.
New England
Failures.
$S302,3f>2
4,189,163
2,641,093
644,467
2,481,473
811,673
840,681
491
739
500
197
547
252
305
$6,H42,762
12,694.809
4,189,871
1,297,681
6,343,615
1,617,727
1,511,609
$14,910,902
3,031
$34,498,074
231
$1,410,774
277
$1,995,770
928
Middle 8tates....
953
Southern States
893
Southwestern States
352
Central States
823
Westprn States
404
Pacific States and Terrltor's. 495
$9,987,432
9,708,356
7,198.978
1,750,202
9,188,128
2,034 465
2,195,372
1,017
1,489
1,178
609
655
$13,381,806
23,413,217
8,219,588
3,117,076
11,909,298
3,704,576
3,699,078
Aggregate United States... 4, 853
$42,062,933
6,718
$67,444,639
$5,668,200
710
$5,005,040
392
States
Middle States
416
Southern States
385
Soutbwestera States
139
Central States
..
341
Western States
168
Paclflo States and Terrltor's. 240
Agj?regate United States... 2,081
Domioion of Canada
Six Montlis.
NewEnsrland States
DominioE of Canada
The record
601
of failures
by quarters for the
ot the last fifteen years is as follows:
Tears—
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
first six
Amount of
—
Number
Failures.
Liabilities.
Failures.
3,658
3,203
3.007
2.948
3 311
3.223
3,545
3 384
3,202
4,304
3.802
4,031
$46,121,051
29,681,726
32.161,762
38,884,789
42,972,516
37,852.968
42.167,631
39,284,349
47.338,300
First Quarter.
F.\rLuilES.
495
1,284
Number
3932
3.687
2.772
>
64,1.37,333
47,813.683
57,425,135
48,007,911
32,946,565
27.152,031
,
months
Second Quarter
Aynount of
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
>
LiabiHtien
$28,601,304
20.752.784
22,976,330
29,229,370
22.856,337
27,466,416
50,248.63«
22.989.331
121,541,239
37,601.973
41,026.2^1
40.444,547
43,«i84.8'6
34,498.074
14 910,902
Stotietar^Cli;0mmcicciat^ugXisTt?|ew5
[From our own correspondent.]
London, Saturday, July 1.5, 1899.
The Stock Exchange has been depressed all through the
week and business has been almost at a standstill. Mainly, this
is due to the high rates for money and the apprehension that
rates will become stiffer as the year advances.
Further the
decline in New York caused by Saturday's return of the
Associated Banks had a depressing efl:ect, and lastly the
apparent failure of Mr. Hofmeyer's visit to the Transvaal
has increased the fears of serious troubles throughout South
Africa.
Boers of the Transvaal, he undertook to visit both these
States in the hope of bringing about a friendly arrangement
with the British Government. As a matter of fact, he has
succeeded in inducing President Kruger to add considerably
But the exact effect of the new
proposals are not understood as yet in this country. The
[Uitlander Council in Johannesburg has condemned them as
his franchise proposals.
and Sir Gordon Sprigg, who was the late Prime
Minister in the Cape— that is, the leader of the British Party
in the Cape Parliament— has likewise declared that the proinsufficient;
are inadequate and ought not to be accepted. On the
other hand, Mr. Hofmeyer and Mr. Schreiner, who is the
present Prime Minister in Cape Colony, have both declared
that the proposals are satisfactory and ought to be accepted.
jposals
i
It is
In Belgium the excitement has settled down and apparently
kind of compromise will be arrived at. In Italy,
likewise, matters appear to be quieting. And even in Spain
the rioting has come to an end. The attempt on the ex-King of
Milan's life happily failed, and nothing serious is anticipated
in the little kingdom; while the Russian and Austrain gov
ernments are using their inflaence to prevent any outbreak
of hostilities with the Turks, or, indeed, with any other State
in the Balkan Peninsula.
Meanwhile trade is very active both at home and over the
most part of the Continent, and a hopeful feeling is entertained for the immediate future.
As was mentioned in this correspondence last week, the
outside market borrowed from the Bank of England an exceptionally large amount just before the end of the half-year,
hoping that when the interest on the national debt was paid
and the usual dividend payments were distributed, it would
be in a position to repay the bank. As a matter of fact,
money was even tighter last week than in the last week of
June, and instead of being able to repay the bank, considerable fresh amounts had to be borrowed. Consequently the
Bank of England charged new borrowers 31.^5? this week. It
discounted bills freely at the official minimum rate of 3%-
now some
borrowers as much as 4^, and on Thursday
it raised its rate of discount from 3fc, at which rate it had
stood since February 2, to 83^5^. Apparently the measure is
understood to be intended as a warning to the bill brokers.
Throughout June they discounted bills at exceedingly low
rates upon an unusually large scale, believing, as already
said, that money would be abundant and cheap early in July.
The Bank of England has apparently determined to teach
the bill brokers that they must not depend upon the Bank
supplying them with the means of speculating in this manner. This week, for instance, they have had to pay as much
as 4 per cent, while in many cases the bills they were carrying were done under 2 per cent. But the Bank undoubtedly
also has desired to strengthen its gold reserve. It seems
clear that there will be a very strong demand for gold in the
autumn, that there will be much stringency over the greater
part of the Continent, and it usually happens that when the
crops are being moved in the United States, money is likewise
in very strong demand. If it be so this year, it is possible
that gold may be required both for the Continent and for the
United States while it is certain that gold will bd taken by
countries like Egypt, which are more or less financially dependent upon London.
But
it
charged
all
;
Mr. Hofmeyer, though the real leader of the Bond or Dutch
Party in Cape Colony, has always refused to take office, and
as he has strong sympathy with the Orange Free State and the
[to
211
presumed that the present Cape Ministers, with the
Mr. Hofmeyer, are trying to induce Sir Alfred
iassistance of
jMilner to accept the proposals as a settlement of all the
questions at issue between the British and the Transvaal
governments.
As
yet, at all events. Sir Alfred
Bank
England is naturally deand for that purpose
no doubt— partly at all events — it has put up the rate of discount. The action of the Bank of England in chargirg such
For
all
these reasons the
of
sirous of strengthening its gold reserve,
very high rates for loans has naturally compelled the bill
brokers to decline discounting on any considerable scale, and
the other banks have been very careful how they lend to the
bill brokers, for the other banks do not wish to be obliged to
apply for advances to the Bank of England, Consequently
the Bank of England has done an exceptionally large business, and it is to be hoped, therefore, that it is in a position
to make its rate effective and to strengthen its reserve. Furthermore, the action of the bank by fluttering the bill brokers
has made more or less an impression upon the Stock Ex*
change and has warned operators there to be careful how
they commit themselves just now.
Meanwhile the Indian money market is growing easier.
But the India Council continues to sell its drafts satisfactorily.
On Wednesday it offered for tender 50 lacs and sold
the whole amount at prices ranging from Is. 4d. to Is. 4 l-33d.
per rupee. Subsequently it sold a small amount by special
contract at Is. 4 l-32d. per rupee. Next week it will again
Milner is not
have expressed any opinion. The fear, of course,
is that so broad a difference of opinion between
the leaders of
the British Party on the one hand and the leaders of the offer 50 lacs.
Dutch Party on the other may bring about a serious state of
The Indian Currency Commission's report was published
things in the Cape Colonies and may thus add greatly to our on Monday morning. Practically it amounts only to a de.
difficulties throughout South Africa.
cision that, as the Indian mints have been closed for some
Meanwhile politics elsewhere are improving. Apparently years, it is useless to think of reopening them, and that as
the French people are settling down and are preparing to the Government is in the habit of exchanging 15 rupees for a
accept the verdict of the new Dreyfus court martial as final. sovereign, the British sovereign should be made legal tender
General de Gallifet, the new Minister of War, is enforcing in India. In other words, the report is little more than a
obedience upon the army, and teaching even the highest general approval of the recent monetary policy of the Indian
officers that they must not attempt to dictate to the GovernGovernment. What our Government is to do in the future
ment, and generally a very good impression is being made in order to make the gold standard effective or how far it is
by the new Government in France itself and throughout to encourage a gold currency in India are questions left en-
known
to
Burope.
tirely to the
Government
to settle itself.
THE CHRONICLE.
212
The following return shows the position of the Bank of
Bank
Eingland, the
rate of discount, the price of console,
last three years:
compared with the
fto.,
12.
1897.
July 14
n
t
Olroulatlon
Public deposits
Other deposits
88,106.?55
28.046.306
7.27«l,86l»
46,877.b55
]3,7W 1,630
83.463.878
26.040.372
36,318.627
46!^
2J4
111 11-16
7,138,>rl5
43, 71)5,055
106>6
27 Il-I8d.
171.732.000
BUver
Olearintt-House returns
The
25.4M4,>-20
86.731,125
69
2
113 7-16
2
112 13-16
27 »-iea.
ia2.907,0JO
185,416.000
money have been
rates for
27,687.770
6.061,9^1
66.448.148
14.P60,281
29,860,421
87,699,898
48,187.668
13,786.P87
29.7l4.22n
37Md.
London
15.
31^d.
le 1,408,000
as follows
Silver,
per ounce
Fr'ch rentes (In Parle) fr.
Spanish 48
Atch. Top. & Santa Fe
Preferred
London,
Bank
J
3 Months.
16 A
2
"
23 3
30 3
2 5-16
2 6-16
15-16@2
2
July
"
I
8M
3k
The Bank rate
Hamburg
....
Frankfort. ...
Amsterdam....
Brussels
Vienna
Bt,
...
Petersburg.
Madrid
Copenhagen...
2M
29i
2^
25*
396
8M®4
2H
m
2«
3H®i
m®«
Joint Dis'tHf.
Stock At 7-14
iMos. Banks
2y@2M 2%®2k
2M
Oall
Davi
m
1«
Ik
Ik
Ik
Ik
Ik
Ik
Ik
i«<
2
2
2k
and open market rates at the
have been as follows
of discount
:
JulyU
Paris
Berlin
2 3-16
@2)^
chief Continental cities
Rate* of
mttrett at
3 At OS.
ii^®2 7-lP
2
7 3
14
6 Months.
4 Afonths.
June
••
Trade BilU.
BiU».
Bank
Up<n
Bank
Rate.
Market
Rate.
8
2«
3^
8
4k
4k
4k
3^
4k
4k
8k
3k
4k
6k
s«
3M
3k
4^
6
4k
6k
5
3
6
6k
6k
6k
89i
Messrs. Pixley
&
July 13
Gold— Tne Bank
of
June
July 7
4
Open
Mark,
Bank
Rate.
2«
4«
3H
3«
3k
3M
iH
8
June 23
30.
Open
Market
~~2J7
Bank
Bate
Ope%
Market
4
4
4k
4k
4k
3
2H
3
m
4
8%
m
4
4k
6
4k
6k
8
6
6k
5k
8
6
6
on.
Wea.
Tutt.
Xkurt.
>
frx.
4k
6k
4
5k
5
59%
27n,e 27iiia 27iiia
loeuu
10045
61ie
2014
60%
6316
491s
63 14
74%
63
49 14
74 14
74
2018
Canadian Pacific
9978
9938
9988
9959
Central Pacific
53
53
52%
52%
291s
29
&
Den.
Do
Erie,
74^
& Ohio
29i«
St. Paul....
135(>8
do Prefen-ed..
77 H
& Rio Gr. com
2238
common
13%
Central
119\
LouisvlUe & Nashville. 7538
Mo. Kan. & Tex., com.. 1338
N. Y. Cent'l & Hudson.. l421s
N. Y. Ontario & Wesfn
2678
Norfolk & West'n pref
721s
Northern Pacific, com.. 52i«
Preferred
7938
69 14
Pennsylvania
Illinois
29
119%
119%
75
75i«
121s
144
261s
121s
14214
2658
72I4
51%
Southern Pacific
South'n Railway, com..
Preferred
Onion Pacific
321^
32i«
3214
11%
i
72%
5138
52
7a
70
70
7914
lOis
lOis
30%
16%
30%
321s
1138
5314
441s
3214
1158
5314
443g
781s
221s
53
44I9
7988
2278
53
45
441s
7938
221s
1
i
12i«
141
26I3
'7213
30%
16%
11%
1
7638
1212
142^3
2638
70
11%
xll7%
76%
120
7918
6958
lOis
53I4
79I2
2278
2638
7214
5158
79I4
51%
31
17
Preferred
143%
72 14
1038
Wabash, preferred
1358
3738
1191s
75ie
121s
1358
371s
31
17
Read
2178
77
•Phlla.&Read., Istpref.
•Phila.A Read.. 2d pref.
<fe
1.^538
77
79I4
«9i^
lOSs
•Phila.
491s
13538
2178
1358
37I3
3778
l8t preferred
135
22
77
1067ie
1067,6
99-70 10000
5979
5958
2014
2a38
63i>8
63
49 14
4914
7353
74
9978
99%
5278
52%
2h%
281s
13538
13614
2178
2218
77
77
1358
1358
37 14
3738
lOtjiii.
100- i:5
60%
20 1«
10658
1069,6
10658
49 12
lOis
3078
l«l4
16%
79
221s
1
i
,
32%
11%
53I4
44%
79 14
;
23%
National Banks.— The following information regarding
is from the Treasury Department.
national banks
NATIONAL BANK ORGANIZED.
6
3
27%
10613,0
I0(f80 00-821S
201s
6^38
.
27%
106 he 1069,6
®0mmcrcial xxndi ^XstMmitoxxs glews
T-16
6
21 \
Price per share.
8«
4k
4k
4k
3
4k
4k
4k
4
JIf
Baltimore & Ohio
Preferred
Chic. Mil.
Interest alloiotd
for deposits bi
d.
new, 2^ p.cts. 106^8
For account
107
Consols.,
Chesapeake
Open Market Bates.
Bat.
X
7,930,917
Ooveniinent securities
13.858.522
3ii,97«.602
Other securities
Reserre of notes and coin
20.031,466
Coin &bulliou, botii departm'ts 32,2V0,«66
Prop, reserve to liabilities .p.ct.
41?^
Bank rate
percent.
3>«
Consols, 294 per cent
July
ii
40.29rt,879
28.fi88.H0O
Bncllali Financial market*— Per Cable.
closing quotations for securities, etc., at London
•re reported by cable as follows for the week ending July 38.
The daily
1896.
1898.
July 13
1899.
July
LXIX.
[Vol.
5209.—The Union National Bank of Springfield, Missouri. Capital,
$100,000. H. B. MeDaniel, President; George D. McDanlel,
Abell write as follows under date of
:
Certificate issued July 18, 1899.
Cashier.
5210,— The Milford National Bank, Milford, New York. Capital,
$50,000. Charles J. Armstrong, President: John R. Kirby,
Certificate issued July 20, 1899.
Cashier.
England has purchased most of the recent
arrival.s of bar gold, it has received £470,000, and £10,000 has been
withdi'awn for Rio de Janeiro. Shipments: Bombay, June 7, £20,000
Calcutta, June 10, £5.000.
Total, £25,000.
Arrivals: Australia'
CORPORATE EXISTENCE OP NATIONAL BANKS EXTENDED.
2428.— The Bradford National Bank, Bradford, Pennsylvania,
£119,000; South Africa, £276,000; India, £55,000; Chile, £10,000;
Straits, £7,003. Total, £467,000. For month of June— ShipmentsGermany, £215,000; Russia, £119,00); France, £193,000; Spain
£1,009,000; South Africa, £100,000. Arrivals: Germany, £41,000Holland, £454,000; France, £106,000; Belgium, £34,000; Portugal'
£14,000; U. 8. America, £568,000.
Silver— With the cessation of Continental buying, the price has
fallen to 2758d., and although Ne«r York does not sell freely
the
market closes weak. Price in lodia R3.7038. Shipment!: Bombay
£13 .,000; Calcutta, £10,000. Total, £145,000. Arrivals: New York'
£ 11 ii,000; Chile, £30,000; Australia, £11,000. Total, £157,000. For
mouth of Juue—Shipments: Russia, £598,000; France, £64,000; W.
Coast Africa, £24,000; South America, £40,000; Australia, '£40,'o0o'
Arrivals: U. 8. America, £872,000; France, £22,000; Egypt,
£5,000
Souih America, £88,000; Australia, £23,000.
Mexican Dollars—There is a fair business doing in these coin at
3846.— The Jamestown National Bank, Jamestown. New York, has
gone into voluntary liquidation by resolution of its stockholders dated June 23, 1899. to take effect July 3, 1899.
'
'
*
'
27381
LIQUIDATION.
Imports and Exports for the
for bullion are reported as follows:
GOLD.
July
6
July
13
*.
d.
Silver.
London
StUTuiard,
Jul II
13
July
d
«.
Bar
gold, fine
oz 77 914 77
U.S. gold ooin...oz 76 513 76
G«rm'n gold coin.oz 76 6 76
French gold ooln.oz 76 6 76
Japanese yen
oz 76 5
76
91a
51s
6
6
5
Bar silver, fine. oz.
Bar silver, oontain'g
. .
i758
27^
do 5 grs. gold.oz. iSifl 28 14
do 4 grs. gold.oz. 27i5,g 28iia
do 3 grs. gold.oz. 27^ 2778
Cake silver.. ....oz
Mexican dollars. oz
;
FOREIGN IMPORTS.
For week.
Dry Goods
Gen'l mer'dise
Total
Since Jan.l.
Dry Goods
of cereal produce into
during forty-iive weeks of the new
the United Kingdom
eeason compared with previous seasons:
IMPORTS
BMTley
CatB
21,159,443
.12,909,920
Peas
Beans
Indian corn
2,047.ti.'i0
1,S43,770
48.181,860
19,534.205
Floor
1897-8
55,403,110
18,324,204
12,900,390
2,09S,49>
2,201,760
46.650,700
17,828,970
1896-7.
58,P12,450
19,545,2,50
15,2v6,480
2,896.015
2,473,370
51,018,040
17,684,780
1895-6
59,246,910
19,950,982
12.046.380
2.218,980
2,844,472
37,338,670
17,424,970
Supplies available for consumption (exclusive of stock? on
September
1):
1898-9
Wheatlmported, cwt.55.235,0"i0
Imports of flonr
19,534.205
ales of home-grown. 31,300,000
1897-8
55,403,110
17.828,970
12,766,633
1896-7
58,912,450
17,684,780
22,503,322
1899.
81,624,464
5,376,088
81,910,183
5,607,517
$2,241,698
5,054,421
§9,060,641
87,000,552
$7,517,700
$7,296,117
$57,999,148
235,577,411
853,300,50:)
193,251,695
887,010,020
227,448,894
$66,210,504
198,569,636
The imports
of dry goods for one week later will be found
our report of the dry goods trade.
The following is a statement of the exports (exciusive of
specie) from the port of New York to foreign ports for the
week ending July 24 and from January 1 to date;
BXPORT8 FROM MEW TOBK FOR THE WBBK.
in
189.«i-6.
59,246.910
17,424,970
13,t)84,043
106,129,255
1898-9.
Aver.prloe wheat,week.25s.
Average
price, season.. 26s.
7d.
3d.
85,988,713
1897-8.
36s. lOd.
36s.
4d.
99,105,552
1896-7.
27s.
28s.
4d.
8d.
1898.
1897.
1896.
$7,554,808
272,037,948
87,357,026
220,721,120
$5,983,706
207,985,782
1899.
For the week..
$7,6(18,759
Prev. reported
252,601,828
Total 29 weeks $260,270,587 $279,592,756 $228,078,146 $213,969,488
The following table shows the exports and imports of
specie at the port of New York for the week ending July 22
and since January 1, 1899, and for the corresponding periods
in 1898 and 1897.
EXPORTS AND IMPORTS OF SPEOIB AT
HEW TORK
.
Imports.
Savortt.
Bold
Week.
Great Brltal n
France
West Indies
Mexico
South America
SinceJan.l.
Week.
SinceJan.l,
$9,025,000
7,000.000
$65,463
3,2.'i0,000
5,637,083
30,495
7,416
18.387
11,004
$3,227,528
2,883,113
1,122,612
254,729
161,728
312,127
120,196
384
95
360,1851
47,264!
$2,475 $25,274,901
13,408
4,675.597
800,500 25,159,222
$102,749
39,969
51,b24
$8,057,157
68,999,851
2,026,464
Germany
All other countries
Total
1896
1897.
1898.
«1,914,846|
7,145,795|
29i3,e 29l6ifl
2738
2714
The following shows the imports
1898-9.
#jiport8 0twheat,owt.55.295.050
are
Total 29 weeks $293,576,559 §246,552,195 $314,458,914 $264,780,140
1
LondoTi Standard.
Week.— The following
the imports at New fork for the week ending for dry „cods
July 20 and for the weekending for general merchandise
July 21 also totals sin^e beginning first week January.
Gen'l mer'dise
The quotations
until
July la, 1919.
$l,.5O0
975
90,355,923
1896-6.
248.
258.
7(1.
Id.
Total 1399
Total 1898
Total 1897
!
.
July
LHE CHRONICLE
29. 1899.J
Importi.
SSxportt.
Silver.
Since Jan. 1.
Week.
Great Britain
Frinoe
,
Gennacy
Weit Indies
Mejloo
Bouth America
Ail other countries
lotall899
Total 1898
rotall897
,
,
,
Since Jan
Week.
I
$900,935 $25,100,866
1,4 23,686
235,720
479,265
9.600
61,329
4,700
7,896
$30,877
293
479,407
yl3,065
517,307
26,160
$905,635 $27,318,362
879,970 24,368,750
1,038,543 26,338,185
$98,212
58,669
77,187
$2,105,312
1,423,096
1,580,816
week ending July 33, based on averages of the daily results
We omit ttoo ciphers (00) in all cases.
$163,046
3,249
"3.6y8
BANK«.
Capi-
Sw-
(OOs omitted.)
tal.
pliu.
t
9
3,078
3,963
60.001
Of the above imports for the week in 1899 $17,845 were
A.merican gold coin and |718 American silver coin. Of the
exports during the same time $3,475 were American gold
coin.,
— Messrs. F
213
&
Co. offer in another c damn a
J. Lisman
of different issues of bonds, paying from 4-20 per
cent to 6\ per cent. Some of these bonds seem very attractive, and well worthy of investigation.
number
N«W YOBK
LoansA
Leg 2
Devosit. xuith
Ntt
OUar'g Other
DtNotet. Agent. Bkt.Ac VOtUt.
Invest- SptcU. JcB'k
ments.
CITT.
Borough of
Manhattan.
,
-.»
9
t
,
100,0
86,6 1.033.1
300,0 207,3 2,136,0
Columbia
1„S46,0
124,2
(eleventh Ward.... 100,0
Fourteenth Street. 100,0 67,1 1,079.0
160,0
Franklin National. 185,9
728,2
200,0
19,6
9ansevoort
200,0
97,5 1,252,7
(iamllton.
aide A Leath. Nat 600,0 230.3 2.310,5
688,8
100,0
87.8
Some
87,5 1,844,3
260,0
Viount Morris
200,0 117,8 1,196,3
Mutual
879,9
32,9
(Nineteenth Ward. 100,0
100,0 130,7 2.008,0
Plaza
865,5
100,0 107.3
aiverside....
100,0 134,4 2 264 U
State
1,128.1
200,0 112)4
rweUth Ward
977,1
Twenty-third W'd. 100,0 54,7
200,0 311,5 2.388,8
QnlOD Square
100,0 150,3 1,673,»
yorkvllle
Colonial
23,6
89,0
50,8
11.9
59,7
69,0
68,8
93.5
6,8
4b,2
96,2
4.1
63,6
148,3
51,6
68,3
28,6
26,4
118,0
17,0
130,0
2U,3
35.4
50,6
121,6
242.8
42,8
3 90,2
105,8
97,4
l06,6
^* „
9i,3
121,0
255,0
209,7
44,0
21,7
140,7
172,9
67,3
8(,8
175,1
114.0
9
9
>...
6,0
• -••
....
....
33,5
«...
...
7
38,0
1&2,1
180,2
....
....
(30,5
1,088,1
2,063,0
1.682.1
1,299,9
87.0
612.1
1,416,6
1.80e.»
623,2
2,067,9
1,367,1
1,2780
2,099.0
876,5
2.468,0
1,681,6
1,086,2
2,789,7
1,638,0
61,7
73.4
02,0
152,8
84,6
301,1
75,0
42.0
183.6
42,6
336,4
71,8
112,0
49,3
60,0
84,4
118,9
40,8
23,7
82,7
30,1
277.7
167,8
47,4
236,0
276,0
60,5
34,9
32,5
32,9
122,3
182,9
199,6
67.1
48.2
85,7
420,6
la3,3
81,0
5U0.0
413,0
33,6
36.0
65,2
62,3
250.0
46,9
100,0
33,5
68,3
60.0
148,4
886.0
4,210.0
3.062.0
606.9
942,0
658.7
418,5
1 100.0
487,6
292.1
696.3
....
40,0
Borough op
Bbookltn.
160,0
Broadway.......... 100,0
300,0
Brooklyn
100,0
Eighth Ward
100,0
Fifth Avenue
160,0
Blings County
,tCfi,0
Mannfaot'rs' Nat*)
600.0
KBOh^nlOft
Keoh's' A Tradr's' 100.0
300,0
Masflftn National
300,0
NfttlonalOity
100,0
North HldA
100,0
People's.
100,0
SeventeGTith ^SVat(^ 100,0
200,0
Spragne National..
rwenty-siith W'd. 100,0
100,0
[7 Dion
100,0
WaUabont
Bedford
New fork
City Clearing House Banks.— Statement of
condition for the week ending July 23, based on averages
We omit tvoo oivhers fOO) in all cases.
of daily results.
Banes.
Japital aurpl't
Loam.
Specie.
Bank of New York.
$2,000,0 $1,880,6 Bie,260.0 $3,260.0
2,060,0 2,266,0 18,227.0 3.702.0
14.7^6.2 3.430,6
2,000,0 1,067,6
2,000,0 2,001,6 12,326,0 2,668,0
America
1,600,0 2.786,7 22.971,1 4927,^
221,6
6,048,0 1.202,0
Phenlx....... .......
1,000,0
-..............
01t7
1,000,0 4,748.P 88,911,5 23,718,7
Ohemloal
300,0 6,616,2 25.643,3 6,621.0
6,3e6,0 1,193,4
183,3
Marchants' Exob'gf
800,0
8,645,0 1,071,3
1,000,0 1,716.0
•aUatln
1,074,9
72,6
216,5
Batobers'A Drov'rs'
300,0
2,019.0
114,1
|IeoI>anl08'<b Trad's
262.0
400,0
169,3
1,003,0
10S,2
Sreen-wich
200,0
481,4
3,849.0
Leather Mannlac'rs
570.8
600,0
164,2
3,049,1
833
SoTenth
300,0
4.29.'<.0
614.3
484,4
State ot ^ ew York.
1,200,0
Amenoan Exahangi 6,000,0 2,684,2 27,3«7.0 4,312.0
Oommeroe
6,000,0 3,482,9 28,759,8 l,71i.3
6,961.3 1.412,0
BroadwaT
1,000,0 1,661,0
Mercantile
1,000,0 1.010.9 12,437,5 2.e09.6
...
3,33'^,2
487,3
390,6
Paolflo ..............
422,7
876,1 22.241.6 6,013,1
Bepnhlio
1,600,0
.....
983,1
6,683.6 1.091.4
Ohatham
460,0
2,192.3
290,4
People's
200,0
381.5
630,8 12,678,0 2,187,3
North America
1,000,0
Hanover
1.000,0 2,621,6 89,192,0 12,295,9
4,336,0
Irrtng
369,6
674,9
600,0
366,2
3,9j3,8
Oltwens'
611,3
600,0
263,2
2,724,8
Massan
398.4
600,0
963,1
6,490,4 1,112,0
Market & Fulton...
900,0
166,0
4,078,8
Shoe A Leather
1,000,0
819,0
Oom Exchange
1,400,0 1,738.9 14,880,1 4,267.4
603,0
6.615.3 1.342.'7
Continental
1,000,0
400,4
8.009.0
Oriental
300,0
18»,7
XmporterB'<& Trad'rc 1,500,0 6,648,2 25.051.0 4.719.«j
f%T^
2,000,0 3,208,2 45,79«.l) 11,642.0
149,tt
1,410,9
BastBlver
260,0
282,9
Fourth..
3,000,0 2,046.1 26,763,U 6,697.1
Oentrai ...... ........ 1,000,0
485,7 11,481,0 2.163.0
736,2
7,628,0 1.686,0
Second
300,0
166.6
Ninth
3,072,2
760,0
806.6
Plrst
600,0 7,707,6 37,569,5 8,837,6
2,218.'.^
M.Y.Nat'lExch'ge
63,7
300,0
I68,b
BOWMT
664,4
3.093,0
260,0
626,0
407.3
New York Oonnty..
3,811,9
200,0
667,6
Qtarman American.,
306,6
3,260.9
760,0
682.9
vaaae. ................ 1,000,0 1.412,6 38,6H1,<1 9,435,1
Fltth Avenne
8,414,4 2,130.9
100,0 1,175,0
551,2
Oerman Excbaoge.
200,0
2,368,8
263.8
767.2
Sermania
3,008
200,0
57»,f
Idnooln
788.7 10,318,0 2.94S.3
300,0
920,6
6.067.5!
Oarfleld
200,0
1.543 k
PlttL
329,2
2.2;^4,9
200,C
484.2
Bank ot the Metrop
874.1
6,0U:«,1
300,0
1.275,9
200,f
380,2
West Side
2.643,t
375.0
Beattoard.
523,6 10,434.1 2.153.0
600,0
Western
2,100,0 1,086.8 36,146,t 9.908.1
Hist Nat. B'klyn..
4.614.(
300,t
607,6
497,0
Nat. Union Bank .
1.200,C
1,206,7 17,334,3 4 492,8
Liberty
407,14
4,2i6,b 1.049,1
600,0
341.1
N. Y. Prod. Exch'ge 1,000,0
3,7 62.3
622.1
Bk.of N. Amsterdan
260.r
344,9
3,617.9
833.6
Astor
163,0
360.0
3,098,0
672.0
Kanhattan Oo
Merchants'
Meobanles'
Total
i
68,922,7 77,382,6 767.843.6 1736538
Legatt.
DepoHU
$1,130,0 $16,930.0
1,872,0 20,605,0
1.357,6 18.046 4
840.0 12.804,0
2,183,3 27,237,4
2b9,0
5.330,0
4,468
111,533,7
1,926 1 27,804,5
469,0
6,258.8
640,2
7,137,3
95,1
179,0
214,6
390,0
198.4
325,6
2,900.0
3.699.3
162.0
771.3
378,1
678.7
867,2
314.5
7b2,H
2,522 4
618,8
131.6
333.0
715.0
416,4
1.603,0
390.8
332.6
1,436,0
2,798.0
169.1
1.707.4
942.0
561.0
245,0
981,2
519.2
378,0
328,8
276.2
4,68 J,o
4491
620.1
64e,^
377,'J
481,0
133,7
461,2
350,0
1,137,1
1.416,2
8010
480.0
249.4
316.1
V02.U
334,8
1,210,9
2,074
1173,5
3,874,2
4,028.5
3,6»e,2
2.<,430,0
20.840.6
6,695,9
13,260,0
3,621,5
26,432.4
7.103,2
2.824,9
13,923,9
61,799,8
4,601,0
3.09 ',3
3.018.6
6.946,6
4.796.5
17.630,5
8.730,0
1 983,2
25,044.0
55,992,0
1,444,6
30 373.7
14,o76,0
t.826
3.802,5
39,649,7
2,448,5
3,685,0
3,992,7
3,2'33.2
60,144,6
9,798,5
3,108,8
4,668,7
12,398,0
7,490.4
2,436.0
6,949,8
2,926,0
12,784,0
43,236,1
4,964,0
19,343,6
Jnly I. 136.676,0
"
H. 136,676.0
" 15. 136,306,3
" 22. 136,306,3
Jnly H.
" 15
" 22
Pb1la.<
JtUy 8
" 15.
" 22
9,2
....
....
....
16,6
37,0
43,0
--.-
41.1
62.9
18.3
23,0
1,340.7
1.481,1
1.266.4
278.6
646,5
804.6
2,862,4
3,105.5
6.0
7,8
7,5
13.2
22,9
15,1
37,1
4ue«i:s Co. (i,.i.c.) 100,0 164,6 2.123.1
83,4
108,6
266,0
94,6
2,489,3
Bob. OF Queens.
2.1
Borough of
KiCHMOND.
Bank of Btaten Isl
Ut Nal..8taten Isl.
60,4
78,6
471,0
671,0
17,9
21,1
19.4
3a,o
78,7
138.8
7
627.2
692,5
OTBBB Cities.
isiNat., Jer. Citj. 100,0 738.3
Hud. Co. Nat. J. C 260,0 5.^4.3
IdNat., Jer. City.. 260,0 <86 6
Id Nat, Jer. City. 200,0 208,9
110,0 433.6
I St Nat.. Hoboken
86,8
id Nat., Hobokeu. 126.0
4.604.8
2.087,4
1,344,2
881,8
1.721.7
967.7
169,0
301,8
68,6
47,4
79,0
856,2
974,2
199.6
260.2
136.4
199,6
57,1
72
6,181,5
1,810,5
1,201,2
26,0
100,0
72,4
64,7
30,5
112,6
48,3
19,7
448
7.7
850,8
407,8
28 7
1.863,T
887,3
Totals Jnly 22. S.047,Q S,zjg,7 64,llg,o a.SbS.l 4.olj,l 7,jSS,2 2,S';S,4 b<)3V,3
Totals July 16.. S.0S3-4 i.zso.o b4,i5S,9 g,go4,2 4,1 00,4 1,221,0 2,Q<iQ,t bq,bob,q
Totals July 8.. S,ojj,4 i,5?<? 63,8441 2,720.0 4,o^'7 8,113,4 J.OJO.d 10,903,9
—
Auction Sales. Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By
Messrs. Adrian H.
MuUer
By
2
Messrs. R. V. Harnett
Memb.
:
lic
Park 7s, 1915, J&.J.149i-2&iiit
$15,000 city of N. Y. water
stock 68, 1902, M&N.lOS'^s & int
$10,000 Jersey City water
scrip 78, 1902,
A&O., 10858
& int
$5,000 Duluth Trans. By.Co.
Ist 68, Jan., 1896. coupons
2558
on. )Tru8tCo. Cert
Nat. Bank of Coin.267 V270
Trust Co. of A merica
> 99
Nat. Park Bank
49958
Internal. Bank,& Tr.Co.l70
7
61
78
15
& Son
Bonds.
$5,000 City of Brooklyn Pub-
Shares.
50 Nat. City B'k of B'klyn.. 276I2
2 Imp. & Trad. Nat. Bank SiO^a
62 Pacific Fire Ins. Co
152 13
10 Title Guar. & Trust Co.. 4 00
100 Prod. Exo. Trust Co
200
25 Mercantile Nat. Bank... 194
104 A.mer. Ex.Nat.Bk.187 to ISTis
54 4tb Nat. Bank
lO^i^-igz^s
£300 N.
Liin.,
Y. Belt.
& Pack
debenture
J&J
Co.,
1918,
$501 per bond
6f,
& Co.:
N. Y. Prod. Exc.$65 each
|
20 Lawyers' Title
Ins.
Co
150
fauMtig and ^iuauclal.
36
67.122,3 874,882,0
NASSAU STREET, NEW YORK.
FISK
& ROBINSON
BANKERS
member banks.
$
70,7
....
33,4
6,0
11,3
113,6
3,29j,2
4,0»6.2
4,150,0
House Banks of New York City, Boston and Philadelphia
The New York figures do not include results for the ncn
ITy.*
931,9
654,6
474.0
26.9
23,4
69,8
13.4
30,6
43.7
257,2
159,6
30,0
176,0
162,0
11,6
35,0
23.0
5,1462
New York City, Boston and Pliiladelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing*
Burvlut
1,195,7
1,336,1
1.218 2
301,2
598,4
791,1
^.440,7
3,038,3
9»0,4
3.898,0
2.862,0
686,6
318.3 1.131,0
66.0
609.7
56,1
338,2
37,4
661.4
June 24. 1899.
BAlfKS.
121.7
132.2
163.8
37,3
67,2
60,3
428,8
406,2
197,4
550,0
544,9
lo7,0
121,4
62,6
INVESTMENT SECURITIES.
HARVEY EDWARD
~$"~
786,884.0
793.862,9
776.672.2
767,843,6
SptiU.
~9
1824661
1768276
1763182
1736633
68,687,3 200.326.0 20.418,0
88,687,3 208,384,0 20,936.0
88,687,3 211.096,0 21,046,0
36.388,0 146,777.0
36.388.0 147,980,0
36,388,0 148,210,0
$
«
68.090,4U05,127,8 13,583,6
63,779,9;902,178.9 13,624,2
56,107.0 S88,906.8 13.626,0
57,122,3 374,882,0 13,603.4
7,129,0^248,434
7,464.<i[J51,ll0.0
7,712,01251,600,0
47,417,0
47,651,0
49,361,0
* We omit two ciphers in all these
ftaures.
t Inoludlne for Boston and Phlladel phia
|175,271,0
1177,704,0
178,417,0
t
11668381
10269449
11988084
980,471,9
No.
I
NASSAU STREET,
the Item "due to other banks."
Beports of Non-Member Banks.—The following is the
totement of condition of the non-member banks for the
Alexander M. Whttb, Jb.
& White,
-
NEIT VOK*«
-
-
.
INVESTMENT SECURITIES
4.907,0 148.362.6
4.892.0 146,361,0
4,883,0 155,149.6
6 681,0 113.657,8
6,576,0 93,229,0
5,608,0 85.986,0
H. ROBINSON.
Y. Stock Bxchan«e.
BANKERS
L(faU. lOtpotiU.i OiT$1'n CUarinoi
•
Member N.
QBOBeB Babolat Moffat.
Moffat
Loan*.
GEORGE
FISK.
Sp(encer
27
Trask &
BANKERS,
Co.,
...
NEW
YORK.
29 PINE STREET,
Transact a general banking businessi act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in
&
Members
N
INVESTMENT SECURITIES
BrancU
Y. Stoek ExcUaiige.
Office. 67
State SI. Aib
THE CHRONICLE.
214
The following were the
rates of domestic exchange on
at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling 75c. per $1,000 premium; Charleston buying par, selling
premium; New Orleans, bank,
50c. premium; commercial, 50c. discount
Chicago, 20c.
per .$1,000 discount; St. Louis, par: San Francisco, 10c. per
|100 premium. Telegraph, 123^2C. premium.
"^'dnhzxs^ @a^jettje^
Dl VIBENDS.
Name of Company,
Railroads (Steam).
Roch. & Pittsb., pref
Buflf.
rornwall
Per
When
Cent.
Payable.
Aug.
July
Aug.
Aug.
Aug.
1
& Lebanon
2l2
Mahoning
3
Rome
II4
Coal, oonomon
& Ogd., guar.(quar )
8t. P. Minn & Man., guar, (qu.)
Wat.
street Rail'Mrays.
Cin.
St.
Charles
St.,
New
Orl. (quar
)
Union St., New Bed., Mass. (qu.)
Worcester (Masp.) Tract., pref..
Bauk!<i.
Bank of the Manhattan Co
Lincoln National (quar.)
II4
2
3
Aug.
Aug.
4
3
Trust Cortipaules.
Farmers' Loan & Trust (quar.)..
Kings County, Brooklyn (quar.>
New York
%
Books closed.
(Days inclusive.)
;
—
to
to
1 July 26 to Aug.
15
to July
30
ijjuly 16 to Aug.
2
15
31;
1
1
Aug.
1 July 26 to Aug.
July 16
July 17
to
1
Aug.
1 July 22 to July 31
Aug.
Newport & Covington
Aug.
Aug.
.5
212
10 July 28 to Aug. 9
IjJuly 27 to July 31
lijuly 22 to Aug.
July 26 to Aug.
1
1
1
iniiicellaiieous.
American Glue, pref
Bethlehem Iron* (quar.)
lifl
& Coke, pf. (quar.)
Chicago Edison (quar.)
Consolidated Ice, common
Erie & Western Transportation.
Central Coal
& Cleartleld C. & I., pf.
Telep. & Teleg. (qu.).
Pennsylvania Coal (quar.)
Warwick Iron & Steel (quar.)..
Jefferson
New Eug.
*
1
to
Aug.
1
to
Aug.
July 15 July 2 to
Aug.
Aug. 15 Aug. 4 to Aug. 15
to
July 31
to
Aug. 1,=!
Aug. 15 Aug. 1 to Aug. 14
1
1 Julv 21 to Aug.
Aug.
Aug. 10 Aug. 2 to Aug 10
$4
Ik
2
1
2-^
2I3
II3
1
4
2
[Vol. LXIX.
ErroLeously reported In our last issue as Bethlehem Steel.
WAII.1> MTK.KBT, FitlUAy, JULY 'iS, IJ«99.-.'V P. M.
The Money Market and Financial Situation. —NotwithstandiDg a minimum volume of business at the Stock Exthis week, a review of tlie security markets indicates
that the conditions governing them and their future prospects are regarded as generally favorable. There is very
The weekly
little that is distinctly new in these conditions.
reports of railway earnings continue to be the chief factor in
niaintaininf? a high range of prices for railway securities.
The fact that such securities are firmly held, and are in
limited supply, is illustrated by the readiness with which
they advance as soon as an inquiry for them becomes apparInterest was not confined to the railway list-, however,
ent.
the industrial issues receiving a larger share of attention
change
United States Bonds. Si»ieh ot Government bonds at the
Board include $27,000 4s, coup., 1925, at 1803^; |8,000 4s,
coup., 1907, at 1131^ to 1133^; $10.0f 4s, reg., 1907, at 1123^;
$91,000 3s, coup., at 108 ^g to 10934; I'^^OO ditto (small bonds) at
1083^, and $500 Ss, reg., at 1083<. The following are daily clos
ing quotations: for yearly range see seventh page following.
Interest
Periods.
28
reg.
reg.
38,1918
38, 1918
July
July
22.
24.
July
26
-Mch. »100% *100^ *1C0%
Feb. *10838 *10838 *108i4
*109i« *109
•Feb. *109
July
28.
*100% '100%
*108i4 *108i4
108 Tg
109
109
Feb.
Feb. *i08is 'i08i« *i 081-3 ibsii *i08i2 108 12
4s, 1907
reg.
Jan. *112i4 -^11214 *112l4 *11238 1121, *112i4
48,1907
coup.
•Jan. ni3
113% 113l£ •11?. *113
113
reg.
Feb. *129 *129 *129 *129 *129
4s, 1925
129
'130
'130
coup.
130ifi 1 OV *130
48, 1925
Feb.
130
reg.
5s, 1904
•Feb. '11138 *11138 •lliap *11138 *llli4 11138
'•11258
*11268
*11258
•11253
conp.
11259
•Feb. *1125s
58,1904
*Tlilsl8the '.irioe bid at the morning board no sale was made.
Coins. Following are the current quotations in gold for
coins and bullion:
Fine Silver bars.. — eoi^® — 61
Sovereigns
$4 87 3i$4 90
—93 •a — 96
Fivefrancs
Napoleons
3 87 -a 3 90
X X Relohmarks. 4 76 « 4 82 Mexican dollars.. — 48
49%
— 44 -a — 4519
Peruvian sols
4 78 « 4 83
25 Pesetas
English silver... 4 85 -a 4 89
Span. Doubloons.15 50 ®15 60
Mex. Doubloons.15 50 ®15 60
U. S. trade dollars — 60 -© — 70
Fine gold bars... par-a^prem.
State and Railroad Bonds. No sales of State bonds ha ve
been reported at the Board this week.
The railway bond market continues dull, daily transactions averaging less than $2,000,000 par value per day, and
the paucity of high-grade offeiings is a conspicuous feature.
In some cases quotations are lower than last week, but
losses are generally limited to fractions and are largely offset
by an advance in some notably active issues, including MisTexas and St. Louis Southsouri Pacific, Missouri Kansas
western bonds. Transactions in the last named and in St.
Iron Mountain issues were exceptionally heavy.
Louis
In addition to the above the active list includes Atchison,
Ohio, Baltimore
Ohio, Rock Island, ColChesapeake
Southern, Norfolk
Western, Northern Pacific,
orado
Reading, Union Pacific and Wabash bonds.
coup.
3s, 1918, small. reg.
3s, 1918, small.. c'p.
;
—
®—
—
&
than for some time past.
&
Perhaps the next important influence upon sentiment in
"Wall St. is the money market, which, as is well known, li-s
&
&
been more or less disturbed since July 1. The market this
&
&
week has been steady under a fairly good demand. It is reported that outside funds are being offered here, and the
Stoch and Bond Sales.— The following shows the volume
supply may be increased somewhat during the coming week
business in stocks and bonds on the New York Stock
of
by Government disbursements for interest, &c., which are
likely to be in excess of receipts. The foreign exchange mar- Exchange for the past week and sinoo January 1.
Sales
<-Week ending Jtily 2S.—^
Jan. 1 to July 28.
ket, being dull and steady, has largely ceased to affect the N. T. Slock Exch.
1899.
18S9
1898.
1898.
other markets or to attract attention outside the circle of Governmentbonds
§139,700
$1,400,100
$5,661,850
$7,129,120
bonds
957.100
1,686,800
State
38,000
those directly interested in exchange.
18,335,000
589,216,100
469,289,810
RR. & mist, bonds I0,i20,500
The open market rates for call loans on the Stock Exchange
§10,457,200 $19,763,100
$598,032,020
$166,108,460
Total
during the week on stock and bond collaterals have ranged
1,(529,233
108,560,022
57,366,790
No.Hhares
1,482,582
from 232 to 4 per cent. Today's rates on call were 3j^ to 4 gtooks—
$148,972,20 $139,7P2,S50 $10,5*9,062,250 $5,533,980,575
Par value
§317,950
$131,250
$7,500
$1,000
per cent. Prime commercial paper quoted 3% to 4^4 P®r cent. Banksbar*8,parval
We add the following daily record of the transactions:
The Bank of England weekly statement on Thtirsday
Slate
V.S.
Week 6} dina
Sto Ck.
Railroad,
showed an increase in bullion of £357,992, and the percentage July
Bonds.
Bo7ids.
Par value.
Bonds.
28, 1899. Shares.
of reserve to liabilities was 44-29, against 42-80 last week; the Saturday.
$600
115,835
$664,000
$11,182,500
9
i«p.a7fl
5,500
16,756,650
1,633,000
discount rate remains unchanged at 33^ per cent. The Bank
225,494
88,500
22,460,000
1,670,500
Tuesday
of France shows an increase of 2,525,00U francs in gold and Wednesday
14,700
257,270
25,436,600
2,678,500
294.279
17.000
869,400
Thursday.,
2«,
1,618.500
a decrease of 175,000 francs in silver.
70,500
467,479
44,26 sl50
8,056,000
Friday
The New York City Clearing-House banks in their state1.529.233 • 148,972,200
$136,700
Total
10,920,500
ment of July showed a decrease in the reserve held of
9
The sales on the Bostcm and Phi ladelphia E xchange 3 were
11,649,100 and a surplus over the required reserve of .$12,055,Boston.
P hiladelph ia.
600, against $10,698,750 the previous week.
Bond
Listed
UnlisUd
Unlisted
Bond
Listed
.
,
j
.
.
;.
,
.
.
.
1R99
July 22
Differen'sfr'v.
1898.
1897.
Prev. week.
July 23.
July 24.
Capital
58,922,700
77.:^ 82,600
Loans & dlso'nts. 767,843,600 Dec.8,828,600
Circulation
I3,60a,400 Deo.
22,600
H«t deposits
874,882,000 Dec. 12023800
Specie
173,653,800 Dec.2. 664,400
Legal tenders
57,l-.i2,300j Inc. 1,015,300
Reserve held
230,776,100 Dec. 1,649,1 00
Legal reserve
218,720,500 Dec.3.005,950
Surplna
69.022,700
74,830,900
540,074,600
13,534,600
622,525,700
91,377,900
111,615,100
202,993,000
l85,33-.i,200 156,631,425
59,022,700
75.641.900
634.945,900
14.434,300
741,328,800
167,641,500
60,702,700
228,344,200
SnrplQB reserve 12.05."i,6no'lnc. 1.356,850 43.012,000 47.361.5-r5
Note Returns ol separate banks appear on page preceding.
Foreign Exchanpre. The market for foreign exchange was
dull and steady to firm until Thursday, when the tone was
easier and rates showed a tendency to decline.
To-day's actual rates of exchange were as follows: Bankers'
sixty days' sterling, 4 83;''4@4 84
demand, 4 87(34 871^;
cables, 4 81%@i 88; prime commercial, sixty days, 4 8334®
4 833^: documentary commercial, sixty days, 4 82^(S4 «4
grain for payment, 4 83-'4(a4 84; cotton for payment, 4 82^^
@4 83; cotton for acceptance, 4 83i^(94 833^.
Posted rates of leading bankers follow:
—
—
;
;
July 28.
Sixty days.
Demana,
Piime bankers' sterling bills on London. 4 85 -94 84i« 4 88)s®4 88
Prime commercial
4 831434 8312
4H2^'ai4 64
Documentary commercial
5 2058 3)1915,
Paris bankers' (francs)
Amsterdam
(guilders)
bankers
<
Frankfort or Bremen (relohmarks) b'kers
3978»3915,„
947ift'?I>94i2
6 18189177,
thares.
shares.
sales.
3,785
$24,840
4,787
4,05 4
Monday.., 14,1S6
91,015
4,100
Tuesday... 23,569
19,560
3,301
Wedn'sd'y. 22,572
48.070
14,400
Thursday.. 11,489
50,000
Telegram not r(scetved.
Friday ....
Saturday..
fi
40ie»403,«
951,e«>95l«
Total....
..,.,,
shares.
8,036
7,696
6,392
7,732
6,683
13,180
shares.
13,930
$36,000
36,500
114,000
75.500
96,200
92,700
47,699
60,743
460,900
3,S00
12,083
7,473
10,324
13,4
33
sales.
Railroad and Miscellaneoas Stocks.— The stock market
has been dull and generally strong through the week. The
transactions on Monday were limited to less than 170,000
shares, but the volume of business steadily increased and the
tendency of prices was upward. In the railway list fluctuations were, for the most part, within a narrow range, but
there were noteworthy exceptions to the rale. Conspicuous
St.
among the latter was Pittsburg Cincinnati Chicago
Louis, which advanced over 3 points on a good demand. St.
Louis Southwestern preferred and Chicago & Eastern
Illinois were bid up about 3 points on rumors of a closer
alliance between the companies.
New York Central and
Pennsylvania were in request on the heavy current traffic
reported, and the grangers were firm on crop prospects. The
local traction shares and anthracite coal stocks showed a
tendency to weakness, until to-day, when the transactions
aggregated over 4(i0,000 shares, and closing quotations are
again the best of the week.
The miscellaneous list had its strong features, including
General Electric, which advanced over 4 points on reports of
new contracts, the Tobacco stocks, Pressed Steel Car, American Smelting and American Sugar Refining. American
Malting preferred fluctuated over a range of 9 points. Consolidated Gas and New York Air Brake were weak and lost
4 and 6 points respectively, but the former recovered to-day.
&
—
..
July
THE CHRONICLE -STOCK
29, 1899.]
New York
Exchanee^A
Stock
.....
.
.
.
.
PRICES
Daily,
Honday,
22.
July 24.
Tuesday,
July 25.
19
•18
•40)4
•18
•41
iaturday,
Wednesday Thursday,
July 26. July 27.
Page
(2 pages)
215
1.
Weekly and Yearly Record.
aTOOKS—HlQHBST AND LOWEST 8A.LB FBI0E8.
J;uly
1
Bates
of the
STOCKS.
Y. STOCK EXCH.
Friday,
July 28.
W.
•18
•40
A nn Arbor
Week
Shares
Range for year 1899.
Bangefor prewi^
On basis ofioo-sh're lots ous year (199SU
Lowest.
Highest,
Lowest. Highest.
'
Railroad Stocks.
•18
•41
W%
«y9i
48
20^
«2H
1994
61)4
19
42
80
1994
61)4
48)4
6194
19
•18
19
42
20
62
540
199i
81)4
40
19%
61%
•18
40)4
19)4
61)4
4794
19
1«^
6194
48
48
48
48)4
48H 48>^ 47% 48
72
72
72
72
72)4
7294
72)4 72)4
7»H 73
114)^11594
114)4
114)4
115)4
1149411594
11594
113H 1157/i
84)4
•Sa^ 34H •32)4 34H 32)4 34)4 •32)4 34)4 •31
75
98
•73
• 97
73
•96)4
63^ 6SH 5t
1161^116)4 •116
52H
88H 28^
•51)1
51)4
28
6194
28)4
im
14«
•10
40^
10J4
41
123)4 12314
14
14)4
89)4 89>«
69)4 6&%
•31
32)4
•9)4 10
•41
43
181%132)< 131)4132)4
•173HK4><
•173
160
il92
174)4
16041
75
97
8794
54
117
136^ 137H 186)4 137
57
5894
57H 58
•73« >4H 73)4 73)4
•88% 90H
•69H 70
•31
32«
•73
75
5894
97)4
5394
II594II6
•73
•98)4
75
9794
5394 6894
115)4 1189i
5194 5194
27% 28)4
138)4 137
5894 5894
74)4 76)4
19
152
41)4 -fi Do
pref.
20
20)4 Atoh. Topeka & Santa Fe.
prof.
62
6294
Do
48
48)4 "Dalt.iOhio.vot.tr.cei tf «.
•
>
Do
pref
72)4 7291
115X116% Brooklyn Rapid Transit.
•31
33)4 B Qiralo Kooh. & Pittsburg
40)4
6,«'09
81,755
1,910
2,536
75,322
.
•73
75
•97
98
•53
54
1159411594
51)4 52
279i 28
136
137)4
•56
60
•75
76)4
•73
•97
•53X
115%
52
51)4 5154
28)4 28)4
136ai 13794
5894 68%
73)4 73)4
•122
•122)4 126
136
14
14)4
14)4 1494
14H 14)4
9094 9094 •88% 9094 •88% 9094
•68
70
6994 69% •6994 70
33
38
533
33
31)4 38H
•9)4 10
«9)4
8^ 10)4 lox
•41
•40
43
540
40
42
1319^ 132)4 1319413294 13194 132X
•174
175
175
174)4
5173X173)4
180% 161)4 •160)4 161)4 160 161)4
Do
75
98
pref.
/Canadian Paolflo
27% a8X Chesapeake 4 Ohio
.
14)4
l'i94
91
69
91
*il
•10
•41
pref.
Chicago Great Western.
Do 4 P.O. debentures.
.
6y%
H2^
Do
Do
A"..
4p.c.pref. "B"..
6p.o. pref. "
10)4 Chio. Indlanap.
Do
43
Loulsy..
pref.
Chicago
132X132%
&
MUw.
<fc
St.
Paul.
Do
174)4
174H
161X leix Chicago A North Western.
•192
•198
192 •193
•192
196
196
198
Do
196
pref.
U8H119?i 11894118% 118% 11994 118941195* 118X119)4 119)411994 Chicago Rook Isl. & Pac.
•108
•107)4
108
108
109
Chlo.
St.
P.
Minn.
107^ lOS
108^ 5107% 107% 108)4 108)4
& Om..
170 185 •170 185 •170 1S5 •170 185 •170 185 •170 183
Do
pref.
•15
15
16
1494 1494
15^ 15?g 15
15)4
149i 1494
15X Chic. Terminal Transfer.
49
49
Do
48)4 48X •48
49
pref.
4894 4894 •48
48M 48J4 •43
58
58
58)4
'57)4 589i
58)4 69
5894 58% Cley. Gin. Chlo. A St L..
S8H 68^ 58
•98
100
10 J
100
100
Do
99)4
99
99
99
99
pref.
•8
•8
18
8
•9)4 10
11
•9)4 10
9)4 11 Cley. Lorain A wheeUng.
11
•3794 41
•3794 41
•3794 41
•3794 41
•3794 41
prer.
*87ii 41
„ Do
160
•lb5
160
198
pref.
.
•4
•16
B
•4
16
•15
4%
4Ji
J16H
iei«
USH HH
15
6
18
5
43)4
•121)4 ia2j^
169
168 •167
ai« 21« »ai)4 21)4
75
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•80« 21), 20)4 21)4
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10
14
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121)4 12194 •121)4 123
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40
85
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24
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169 1168)4 16b)4
•166
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68
57
117
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15
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6
19
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•68
73
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118 11894
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14
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155<
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16
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8?4
•64)4
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56
91
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26
67
85
35
22
57
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16)4
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38
21
40
85
28
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52
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516X
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7
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89
60
186?4
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86
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80%
60
83)4
20%
61
33)4
5)4
43X
1694
122)4
123
169
8194
31)4
75
75
Colorado Mid., vot, tr. otf s.
7
Do pref. vot. tr. ctfs.
& Sou., listed May 24
Do
Ist pref.
do
Do
2d pref. do
pvelaware & Hudson
l-'el. Lack. & Western.
17
5X
44%
Col.
17H
123X
172)4
.
Denver & Rio Grande. ....
22)t
Do
76X
SIX 21X Des Moines & Ft. Dodge.
•4
Dul. So. Shore* Atl
5
Do
12
pref.
12X •11
IMX
13X 13X Urle.
Ei Do
37
37
Ist pref.
3694
Do
20)4 •18X 19
2d pref.
•39
Bvansv. & Terre Haute
40
40
•83
Do
85
85
pref.
23)4
58
117)4
1394
539s
15
7)4
5
19
300
300
260
430
.
29
C'llnt
•24
36)4
164)4 165
5
•21
pref.
21)4
-1-
25
167
•694
•8)4
3696
•18
•39
•o2
29
58
117
13
•18
7494
21)4
11)4
513>4
522)4
53
•10)4
•21X
4)4
12
14
38
17
131
168)4 168X
Ft.
Ft.
•24
26X
§164X164X
5
5)4
r"'
'
694
&
200
100
Pere Marquette,.
Do
pref.
W. & Den. C, stamped.
Worth & Rl6 Grande.
reat Northern, pref.
22
22
58)4
6894
, .
St.
13% 13%
15H
56
I49i
•394
•54)4
56
15
i62
34)4
47)4
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•185
139
•13
•65
•32)4
1494
]5'4
394
•394
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•5594
1494
•396
5694
14%
894
•54)4
59094
56
65
65
9094
24
82
24
•84
1294
84)4
48)4
•119€
3494
4794
24
66
12
8994
25)4
8594
8994
8691
6594
12)4
3694
48)4
4394
J90% 90%
84
14
15
58
394
se
13% 13%
15H
14
515
55)4
46
14094
15
75
34
•45
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3494
48)4
46
12
35
47)4
4594
1394
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•213
26
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7094
50)4
816
26
13%
13%
15)4
15
67
•394
»6i]4
589>t
•82
•61
1294
35%
47
•45
Sm
5214
25%
20)4
70)4
50)4
77)4
•40
•75
•38
•84
•55
20)4
70)4
5094
77)4
80)4
69)2
•82)^
20)4
599^
•8294
I
no
•88
•84
•55
87
3094
•20)4
5994
38)4
31
59)4
82)6
o9U
salas
on
Ask.
4 5 V.;
Morris
13994
•13
•65
•31
39
104
240
107X
(Chic.)
pref.
15
75
43:1
recta...
200
400
400
244
1,400
21,740
28,210
this dAT.
I
•83
20)4
59)4
3194
60
1,100
Pennsylvania
Plttsb. Cln. Ohio,
20%
59%
31%
69%
81
61
38)4
33
3094
Leas than 100 sbaras.
Do
t
(Given at foot of
FAA
Bighth
Avenue— Stock.
.
Scrip 6s 1914
42d A Gr St Fer— Stock..
42d St Man A St N Ave.
Istmort 6s 1910.. MAS
2d Income 6s 1915. JAJ
116
102
885
108
dlv.
400
73
117
81
Lex AvA Pav F 5s-S«6 Stk Kxohl
Metropolitan— S« Stock Bxohl
420
80
119
88
ist.
Ist.
prof.,
voting tr otfg.
and rlghta.
t B«,(oi«
25
30
6 195
1
May
Mar
1
7
31
9
5
5
Jan 7
1
Jan 6
112 Jan 13
6
35XJan
73XJan
6
7
894Jan 24
89 Feb 10
1194May 10
30XMay 81
8894J'ne 1
32 Jan
122
14
Ninth Avenue Stock.
Second Avenue Stock.
.
Bid.
.
171
.
198
MAN
Ask.
179
205
Istmort 5s 1909..
109
llOX
Oonsol. 5s, 1948.. .FAA 119X 124
Sixth A venue— Stock
203 330
Sou Boulev 5s 1945.. JAJ «113 114
So Fer Ist 5s 1919.. AAO «110X 112X
Third Avenue Ute. tjtock Bxchl 1st.
88th A 29th SU 1st 58. '98 {114
116
Twenty-Third St^Stock. 390 400
Deb 58 1908
JAJ 106 108
Union Railway— Stock... 199 800
Union Ry Ist 58 '42.FAA 114
116
.
5
2694DM
125XDM
66
18
85
54
32
An«
11
J'ly
Dm
DM
Nov
38XJ'ly
Dm
13094
166XDM
143XDM
191)4NoT
114%Dm
Dm
94
170 Nov
994Mar
37XAug
47XAug
Dm
97
19XJan
58)4Sep
Dm
9
2094DM
894Deo
5094DM
20 Deo
114XFeb
159
Feb
21XDM
7194DM
23XDeo
89iAng
4194Defl
72XDM
40
Jan
10
86
15
lu
Mar I894N0V
Aug 49 Not
Nov 28 Mar
17JiDM
liajr
Mar 2S
Mar 13 tl88
Jan 28
180
J'ly
96
Apr 11594DM
7XMar
J'ly 23
J'ne
7)4dm;
3XJ'ly
Jan 23
J'ne
113XFeb
3XDM
Apr
5%0ct
15 Apr
25
IIXDM
42XDM
8 DM
25XDM
5)4J'na
3 Jan
5)4Feb 1
18 J'ly 6
15 May ISXJ'na
32 Jan 25
30 J'ne 84 Jan
22XJan 27 12 Oct 23XAng
83 Aug
53 Oct
81)4J'ly 38
208 Jan 24 17094Jan 216
40 Jan 59XAug
85 Apr 4
44 Apr 65XDM
75XJ'ly 28
13394Apr 3 90 Oct 120XJan
269 Mar 28 126XMar 19494Deo
••••» ••••
14)4J'ly 31
16)4J'ne 14
58 J'ne 6
7)4Deo
iXJ'ne
17XApr 27
%Deo
4%Apr 26
1 1 6
99)4Mar 118 Deo
Tn.71 24
62XApr 28 24 Mar 3894Deo
46 Mar 78XDM
98 May 6
6XMar 7 Mar
37XMay 18
71 May 19
Apr 14XJan
10
14%Jan 30
Dm
42XApr
52XApr
2891 Mar
3
4
41
22 Mar
24 Nov
3 4994Apr 17
5167)4Jan
3 5185 J ne 1
pajrmaBt of aaaati 1 All aasaaats paid.
Street Rall^raye.
—
—
6
Dm
Dm
68
99
16)4Feb
4394Feb
2 194 Feb
5394J'ly 25
15 Mar 22
18 Jan
6
15
2
Jan
Sep
Apr
Apr
29XApr
15XApr
22 May
39 Apr 37
60XApr 37
13
Jan 25
1494J'ne 9
60 Jan 16
44XMay
9
consecutive ^KQ,m).—S2REE2
,,
105
L.
pref.
tr ctfs.
2d
Bid. Ask.
Street Railways.
175
AlOth 8t-3tock 170
ColA 9th Ave 58-S6« Stock Bxchl 1st.
Dry D B B A Bat— Stock.
190
175
Ist gold 58 1932... JAD
Scrip 58 1915
St.
eadlng, voting tr. ctfs.
"P
-C*' 1st pref., vot.
Bx
7
4
Feb
142XJan
84
76X9ep
90XJan
Jan
48XDM
32XFeb
!
'pacific Coast Co
Do 1st pref
Do 2d pref
86
3
6
15
19
79XDe«
78%De«
DM
X
61X 62X
•83
86
43XJan
32XMay
65 May
19XDM
Dm
S8XDM
6294
nso Deo
13 176 Jan
48,866 13 194 Jan 3 14494Mar29i|105 Mar 124%DM
18 J'ne 39 1994Jan 23; 1194Mar l594Jan
66 Mar 7 79 Jan 231 73 Feb 76 Jan
200 29XMay 34 41 Jan 23 28 Mar 40XJaA
5380 Jan 25 §390 Mar 14 5320 Jan 5362 Oct
10 129XJan 87 il38)4Marll 5120 Apr 5128 Not
179 5198 Jan 19 ;222 Apr 20 ll78)4Jan 301
1394Apr 19)4Dm
4,725 1894 Jan 3 28%Mar 27
1994DM
2,695 1794Mar 17 2291 Apr 27
\V*t^^
42)4Mar 68%I>M
3,790 6194<Ian 6 71)4J'ly 5
19 Feb 44XDM
19,080 4294Jan 7 5SXFeb 16
68%Mar 79%8«a
4,905 73 J'ne 1 81)4Jan 86
86)4Jan 61XAa«
14 33 J'ne 2 53 Jan 83
eexMar 78 Not
6894J'ne 16 77 J'ly 8
38 May 11 51 Jan 38 849iJ'ne 48X8ep
84% Apr 18 90 Feb 30 79 Deo 91 J*n«
'"Vo 68)4J'ly 5 6794Feb 31 57 Nov 69 Bay
54,391 122%Jan 5 143 Jan 33 ll091Mar 183)4Da«
3S%Jan 63%Da*
24,380 43 May 11 88 Jan 33
67 Mar 84XDcc
310 80 Feb 10 93 Jan 33
13)4 Alar 2394Ja..
2,200 1994May 13 35 Jan 34
Mar 6494D««
88
23,980 5194Jan 7 68XApr 4
39 Jan
17940ct
7' 38XMar 221
5,150| 28XJan
4 Bssex
32X
•87
40
•84
89
60
§59
13694 137
40
89
41XJ'ne 9
85 J'ne 13
4
12
18
3,070
lOU
VI Y. Central 4 Hudson..
il N.Y. Ohio, 4 St. Louis.
Do
1st ,>ref.
140X
7
H
Mobile* Ohio
Chrlst'p'r
>d mor 58 1914. ...JAJ 115
Ub
Oon 58 943— Se« Stock Bxobi 1st.
B'waySu' 1st 5s gu. 1924 115 117
Sd Ssint as rental. 1905 105
107X
Central Crosstown- Stock 252
268
Ist M 6b 1922
MA^ a26
an Pk N i K Riv— Stock 188
195
Oonsol 7« 1903
JAD
113
an
•38
•84
•55
•83
OUTSIDE SECURITIES
Street Railways.
Bid.
NBW YORK CITY.
Biaaok St 4 Ful F-Stook.
38
Istmort 78 1900... JAJ 102
S'way 4 Hh Ave— Stock. 230
Istmor 5s 1904... JAD 105
40
89
60
87
83
45X
5184i)l 184iit
Mar 28
Jan
Jan
198XJan
Do
2d pref.
New York 4 Harlem
N Y. Lack. 4 Western....
•212 215
212X 212X §31194 812 N. Y. New Haven A Hart.
25% 26)4 2594 25%. 2694 8694 N. Y. Ontario 4 Western.
80X 20H 20)4 20^ 20)4 2094 Norfolk 4 Western
70
n 71X Do
pref.
6994 70)4
709i
49% 50)4 48% 60)4 5096 50% Nor. Pao. Ry., vot. tr. ctfs.
Do
77
77)1
pref.
76% 77X 77X 78
•40
•40
•40
48
47
r^r.RR.4N.Co.vot.tr.ofs.
45
•76
yj
•75
75
Do
pref.,
vot.
77
77
tr. ctfs.
77
138X 187)4 136X 137W 186X 138%
5994 80)4
58
5994
58
82X
•83
20)4
599i
33)4
4891 Missouri Paolflo
38
70
17
Fab
294Aug
5
11
16XJan 19
42 Jan 24
160 56XJan 6
88,610 63 Mar 6
25,940 97 Jan
4
9,410 18794 Jan
4,802 1394J ly 27
125 14 Apr 25
131
77
•40
45
•75
77
•38
40
•84
89
•65
60
135)4 13694
59)4 6O94
86)4 86)4
45
77
40
89
60
48
Oct
Oct
8%Apr
3
22XJan 30
22 J'ly
6,244 54XMay
6,727 110 J'ne
5,632 lOXMar
4,3a7 42)4May
10
79lJan
410
7 Mar
5,386
90
1294
37)4
48)4
15
iOXFeb
88
35 Mar
35 Mar
68 May
73 Apr
44)4Mar
594Apr 22
Apr 22
8
4
.
56X 55X
Do
2d pref.
90X
•22X 25H Minn. St. P. & S. S. Marie.
Do
•65
86
pref.
1294 12% Mo. Kansas & Texas
Do
pref.
8694 37X
90
25
67
46
•185
....Vl '185
139)4 110)4 189)4 140)4
•13
•13
14
15
•65
•65
75
75
32)4
32)4
82)4 38X •31
214
26
tr.
31
14
16XMay
May
l6",876
Central
Mexican Nat'l
894
Apr
Jan
OX Apr
22%Mar
4
14
33)«J'ne 21
15
32
Miohl*?ftn f^ntral
Minneapolis & St. Louis..
56
140)4141
•12
15
•65
75
2094
7094
5094
77)4
Bid and askad prloe*
1494
394
894
Met.
55X
14% Mexican
553X
14X 14%
Do
rlghu
West Side El.
Do
14
15
1
Feb 23
23XJan
12XJ'ne 23
3
Keokuk Sc Western.
•18)4 18
r ake Brie* Western....
16)4 18)4 18
19)4
21
199i 21X
22X Aj
•75
Do
76)4
76
78
75
78
80
78)4 81X
pref.
81X
•200 210
201)4 210 •301)4 210 •201)4 210 •301X210 Lake Sh. & Mich. South
•68
•88
73
•68
73
§70
78
70
70
72 Long Island.
73
73)4
73
73)4 7394
74
75X Louisville 4 Nashville...!
73M 7394 x72
11794 llb)4 11794 11894 117)4 118)4 117)^118X 11894 lli*X Yl anhattanElev.,conBol.
i»-l etropolltan Street
211)4 212
21194 21294 210)4 811H 810^811)4 811
313
•15
87
1
5
10
1,800
1
.
11
84
81XApr 12
79XJan 27
137 Apr 15
3 Apr 11
794Jan 30
J'ne
200
*r'nB.4W.,debt cf8."B"
locking Valley
13XJ'ne
15
14
3,170
24^
pref.
69X -Q- Do
117X 117 11791 lllnois CeuLral
A
owa
•12% 13X
Central
13
13
•5294 58
53
pref.
53X ^Do
!/ anawha & Michigan...
9)4
10)4 15
59)4
IVan. City Pitts. Gulf.
•694
7
7
7X
Keokuk & Det Moines
•3)4
5
•3)4
5
•18
Do
•18
19
19
pref.
68
117
5131
*813
*
122
15
7
24
167
167
68)4
•10)4
7
*UH
*^H
•45^
46^
•20
22
116% 117
16)4
•5
6
43)4
16)4
3)4
11
14
••tt«* •••••
•23
18
12194 122
168 168 •168 169
81)4 81?^
•20M 2194
•74)4 75M
75
75
•20^ 219i •21
82
4)4
11
14
1594
5
543)4
Sl'lH
•5
18)4
•5
44)4
•16)4
5
3
J'ly 19
24%Feb 23
31
860 50)4J'ne 2 70 Jan 23
4,016 97 Jan 3 13291Apr 22
83XOct
4,850 T459<May 9 16391May 17
8,510 3 3-94 May 31 31XFeb 2
17XMar
68,824 124XJftn 7 149i^Feb 18
85%Mar
1.900 5694J'ly 12 8894Apr 89
2,050 599lJan 4 79XMay 1
49 Apr
150 11294Jan 3 125 Mar 2 108 Jan
13,860 13 J'ne 1 809CJai: 33
9V4Feb
300 8394Jaiv 3 9S94reb 15
71XJ'ly
1,110 509iJan
5 73XFeb 84
28 Mar
310 28 J'ne 22 3794Mar 28 20 Apr
125
794Jan 6 12XApr 25
7 Feb
210 31 Jan 4 49 Apr 17
23 Apr
55,705 120)4Jan 8 13394F«b 2(
83XApr
380 166XJan 3 175)4J'ly 1 140 Apr
2,400 141XJan
4 166 Mar 29 113XMar
15 188 Jan 19 200 J'ne 37 163 Jan
83,492 107XMay 13 122)4Jan 27
80 Mar
560 91 Feb 8 1099tJ'ne27
65 Mar
170 Jan 16 182 J'ne 29 5148 Jan
820
7XJan 7 25XMiir 27
4XJan
700 38XJan 3 58)4Mar 27
22XJaB
2,410 42XJan 4 63%Apr 10
25 Mar
400 94 May 10 1029iJan 26
77XMar
15
9 J'ly 5 1694 Jan 28
llXMar
87XJ'ne 23 45 Apr 28 43 Nov
14
9 Jan
7 Feb 6
9
5XJ'ne
938 leXJ'ly 14 22XJan 9
14 J'ne
325
8%Jan 6
4XJ'ly 12
691 Nov
629 4194J'nel8 58XMar 17
4394NOV
162 16 J'ne 2 25 Mar 22
149!{Nov
1,835 lOeXJan
93 Nov
3 12594Apr 20
4,520 157 Jan 7 179 Apr 4 140 Oct
1,275 ISXJan
7 2694Apr 27
10 Apr
2,980 68XJan 11 80 Apr 27
40 Apr
137Mi 138)4 Chicago Burl. & Oulnoy...
Chicago Congol. Traction.
589i 59
76X 16)^ Chicago A Bast. Illinois.
Do
87)4J'ne 21
779iJan
18
43XMay23
30XMar 24 35 Feb
89 May 9 78 Jan
300 8494Mar 16 99XMay
54)4 ^ Canada Southern
11794 Central of New Jersey....
6291 Cent.Pac, SpeyeriCo.ctfs
126
14 Apr 29
86 May 8
17 May 9
5094Jan 7
43%J'ne 23
lExrights.
RAILWAYS,
Street Railways.
dec.
Bid.
nio
We8tche8tlst5s'43..JAJ
Ask.
_
114
BROOKLYN.
Atlan. Ave., Ist 58.. AAO J107
AAO 118
Con 58 g 1931
95
JA.1
Impt 58 g 1934
95
A«0
1983.
58
AW.E.
B. B.
Brooklyn City—Stock.... 249
JAJ 117
Consol 5s 1941
115
100
351
105
104
BklynCrO8stn5sl908.JAJ
BkinHgUlSl 68 1941A.AO
J'kyn Q Co.A Sub— See St ckEx.
•
list.
BtlynRap.Tran.- S«e dtoloK Bx List
THE CHRONICLK-STOCK
216
prices
ST00K8-HieHB8T AND L0WB8I BALM PBIOB8.
gatMrday, Monday,
July 22. July 24
•30
•79
•4
•i3
•12
•109^
•69
•37
16
S6«
67M
•108
81«
•82H
•190
38}^
80
•4
5
•43
•12
46
10^
•105^
11
70
72
72
37^ 37M 37
15
15
16^ 15%
S7^
37
86>i SIH
•56
57M
57H 55
104
102M
31% •31« 32
3m
11^ 1196
11«
62H 51%
52H
23
22H 2294 22^
195
20
40
8
•183
•67
il38
115
16^ 15H
I60H
6094
41« 41H
•92
93
S9
•
»137Ji 140
18
70
138
77)^
77H
77
•7^
S
9^
24
55
24i«
15
15M
529i
5294
113
115
15H
60M 61^
1696
41
9256
9296
13M
5494
53!^
17?6
{69^1
8894
3494
18
84«
8594
39^
86« 8««
996
•50
70
39H
Thursday, Friday,
July 27. July 28.
fFednetdav
I
25.
26.
iS;j!</i/
38«
30
38^ •30
80
'78
i4
80
5294
113
1E?6
161
41
•92
•^Q
•13
40
38
68H
77H
1
i87it 'ise
43
4396
694
8
b
22
996
5296
5294
•113
115
"94
8
996
41%
93
•70
63
42%
42
^
9294
•138
11«
52^
71
37% 38k
84H 85k
30
•789%
56H
959i
166%
•118
•
"S8k
•84«
97H
30
5*)9i
14394
55« 66
•188
143
55k
•137%
15% 15% 15
,-19i
2
•194
5
•4596
•103
•14
177
•42
•90
41
45H
105
14%
177
43
91*,
41>6
•ei« 82
"68^6
80
120
•66Ji
•107
116
•41
58H
80!4
120
69H
108
116
42
>f4%
1494
5194
24%
15
15
•53
•74
1494
174k
42
•90
41
•81
67%
80k
119%
69
•107
§116%
41%
54
•97
•10
43
116
•50
4SH
42
49J^
91
37
300
23
499i
9196
39
202
•IIM
7}<
74
54
96
10
118
•80>i
•83>i
3094
7794
32%
78k
3196
5696
56
•60
•7M
6894
61
7%
09
429*
49% 49k
15
16>-
64% 68
37
38k
81%
85!^
11%
61% 5lk
17
17
63
38
85
American Express
147
rioan l.inseed
8,85i
Aiii)
Do
49%
694
27%
79
{50
e9i
73%
60% 50%
7294
pref
4,H7'i
pref.
5,6v6
3,94b
6,730
3,600
American Malting
Do
68k
3S9i.
Amer.Smeltlng* Refining
Do
85k
pref.
American
6
3094
Spirits
Do
116
187
130
52%Mai
22%Feb
694 J an
17 J'ly 27
3»94J'ly 26
68 J'ly
1
18%J'ly
SkJ'ne
1
J'ne 29
ISkMay
24
4894May 26
3394Mar
88 k J an
33 Jan
133 J'ne
lOkJ'lv
47 Jly
15 J'ly
61 J'ly
35 J'ly
80 May
Mfg
594J'ly
6
5
3
31
16
2?
8%Mai
1
14 5
Oct
4
512
36
AQ)'
Auj^
22
10
a
•37
3»
10
•10
23
10
4794
97%
%i
{206% 206% 204
7H
1196
9
•10
20
49% 50%
91% 9196
•37
U^
•7
•169% 160% il6l
•60% 61
60
•10
49% 50
91% 9194
•3?
3rf
20594 •200
11%
9
11%
7
11?6
9
48
ll')96 11094
55
55
8794 8794
1161
161
•60
61
161
61
9194
199
4794
4794
100
31%
113
296
7
59%
20
50% 60%
•37
39
207
22
92k
39
801
11% Ilk
•10
Feb26 t97kApr
33%De«
Jan
>
3(
13
1694J'ne 13
55kJ'ne IS
1»
51
21%May
65 May
25
25
429{J'ly 2S
95 May
52%Mar
19 5145 Jan
3
3
18%J'ly 3S
^0
5 494 J'ly ;2
37%Jau 24
87kJan 26
59 Apr 2(
94kApr 20
20 15%Mar 13
27
36
794
6894
7%
69
27
77
•49
6k
72k
49%
27
78
50
7%
7k
\Iatltnal Bieoult
•97% 102%
30
112% 112%
8% 2%
•5
7
50
59%
•10
80
5C% 52
92% 93
37
Do
41%viar 13
69*
7256
5094
6%
72%
M5% ll7
183
187
140
6994
•60
7961
Do
pref
Nat. Linseed Oil,
National Starch
Do
Do
tr.
certfs
9
4794
61
American Co
Silver Bullion reritfs
tandard Di8tll.4Distrlb.
61
6896
6994
•49
6%
6?6
7294
61
72%
78
17696
51
•49
6k
6k
72%
50k
7296
27
•25%
7696
51
78
•49
f«
7'.iv
.
. .
Do
Union Bag 4 Paper
51
United States Bxpress.
United States Leather
Do
6%
6k
7294
Ask.
112
300
103
1C6
Bid.
6i certfs indbtl 9 1 0. J 4 J 103
B'kC.4New 5b '39.J4J {114
Gr.8t.4New lst5s'06A4O
G'p't 4 Lorlmer St. Ist 6i.
Kings Co. EQevat.— Stock
Incomes.
Bondp
Nassau Eleo pref
581944
Ist48ld48
1
116
11894
CITIES.
Bait Consol— Stock
BuflTalo Street
5
8
Ry— Slock.
1st consol 58 1931. F4A
Deb 6b 1932
Chicago City
Stock-.
ritliens' St (Indlaaap.) ..
Clevelnnd City Ky
Cleve Clty-lst 5s '09. J4J
RR—
94% 95%
95
Stelnwayl8t68l923.J tJ
Brldgep Tr-lst 58'23..I&J
5
J4J
Ask.
107
OTHKR
117
2
A4r;
106
Bid.
*97
1
M4N
6%Jan
24 J'U
76%J'ly
13994Ang
9096Aug
88 Dee
6% J an
Mar
16
1596J'na
4l94Aug
.
.
pref.
300
510
210
2,445
5,825
875
61
1
100
116
109
•
* • •
119
|01d stock,
t
Bid. Ask.
Strcft Rallwaya.
Clevelaua Klectrio Ky
99
97
M4S 105 107
Con 58 1913
96
Columbus (Ohio)— Stock
98
Con 58 1932.— Se« Phi la . list.
Crosst'wn 1st 58.
107%
ron»ol Traction (N J)—Se «Phila . List.
114
Ii7
Kansas City El 68
29994
•
• > «
100
105
37%
101
106
Bonds 4s
lAke St (Chlo)Elev-8tock
J4J
deb 58 1928
8694
17%
97%
Ry— 6 p o bonde 118
Common
51%
Lonlsv St Ry— Preferred. 109%
Lonlsv at
Mai 140kDe«
108
7%Oct
19
20
21
12
4
Mar 18
Feb 9
Apr 24
J'ne
194 Not
l%Oct
Mai
296AP7
17
66
32%Dee
90 De«
994 Deo
805%J'ne
Oct
Atiii
4% J'ly
164
27kMai
8394Apr
45
Apr
29 Oct
69940ct
76 Sep
6696Dec
107%Dec
52
94
Sep
67
53
Sep
Dee
Dee
85kDe«
Dee
97
72%D60
1099* Deo
Sep
Sep
9694Deo
67 Deo
93 Deo
5494Deo
81 Dec
82%De«
l8794J'ne
48
85
Deo
57
5496Aug
96kAus
5%Jan
52%Deo
Deo
3 996 Aug
114%Deo
99 Apr
9%De«
8%Dec
9 Feb
394 Nov
60 Mar 80 Jan
Jan
30
12%0ct
94%Aug
26kMar
Mar 28
Jan 30
14
%Apr
3096Au(i
21
10%Apr 27
55
112kMai 135%Aug
Apr 25
181 Jly 17 1 83 Jl'y
210 il25 Jan 10 5130 May
2.350 87kJ'ne 1 98kJau
—
{i'o's" i'l'o"
63
95
'83J4Jan' 16394Sep
Jan
8%May
50
23
lu7%Mai 146%Aug
103 Mai 116 Jan
Mar 5 98%De«
588
40
14
Oct
106
Sep
Sep
43
Apr 120
794 Dee
4%Jan
tJkDeo
3%Jan
Apr 46 Dee
86%Mai lia Not
21
129%Apr 3
59kApr 13
90 Apr 13
164%Jan 4 xl32Nov 216 J'ly
66 May 6096Sep
65 Apr 28
19%Dec 2396N0T
12kJ'ne 2 25%Jan 16
66%Nov 75 Not
5 7% J'ne 28 82%Jan 10
3%Jau i0%Ana
7 J'ne 1 12 Jan 10
17 Mar 3b94Deo
36 Jan 14 7lkJ'ly 12
111 Jan 4 145 Mar 28 5 80 Aug 106 Dee
21 J'ne 1 45 Mar 28
76 May 31 89 Mar 29
88 Apr i68%Deo
{46 J'ne 9 60 Jan 12
SUM*)
BMApr
594J'ne 7
8 Jan
5394Mar 76%De«
68 J'ne 1 78 Apr
48%Aaj
UkMar
4296Jan 5 57 Apr
60 Mar 113MDe«
111 Jan 3 120 Jan
Bx 100
consbcutivb pages).— STREET
7
g4Fll8tex.4>43
NY4Qu»Co58 1946.A40
102%
104
108
75
113
Streei Rall^vayg.
NewWmb
8,725
1,910
14,400
pref
Do
39
62
14 42 Jan 25
3 330 J'ly 19
6 12%Apr 19
6 Mar 23
230
2.405 43kJan 4
16,580 101 May 13
4.085 4494J'ne 1
6,255 78 May 25
320 156 Jan 30
60 Apr 21
"184
126
Ill
112 Jan
pref
27
78
7-<i%
i'.Vss
pref.
Standard Rope 4 Twine
7094 ^Penn. Coal Iron 4 BR
791
(Given at foot of
65
37kApr
N. Y. Air Brake
1194 North
Apr
Mar
17
20
13
17
4394J'ne 2
May 16
7,88r
3,591
pref.
7%
»794
43
New C»nt. Coal (new stock)
48
60
4%Mar
Ist pref
2d pref.
Do
19^% 205
7k
36% 26% 35
•76%
78
60
OUTSIDE SECURITIES
Street Rallwavfi.
Cal.Cem Gr.4B'kynlHi "8
Coney Island 4 Brookh u.
I&J
1st 58 1904
5116 Ja
37%Mar
85 Mar
2 Aug
97%J'ly 7 107%Jan
700 28 May 31 4e%Jan
360 111 kJ'ne 14 115 Jan
2 J'ly 13
550
8kJan
pref
National Steel
39
11%
-l-~
3,615
170
National Lead
30
7% Ontario Silver
4794
48k Pacific Mall
eop'rBQas-L.4C.(Chlc.)
118% 118% 118% W^H
55
55% Pressed Steel Car
5496 54%
Do
pref
87% 87% 8794 8894
I6094 I6O94 E>nllman's Palace Car
160% 161
•<
69%
69
26% 37
78
50
15%Mar 153 Not
38 Aug
M..r
Ma; 1180 Feb
66
33
6
31
5 Jan 25
419*May 16
Manhattan Beach Co
32
48
48
Do
•7%
6894
Sep
Oct
9%Ang
84%Auf
.
20
26
48
6kMaT
14%MaT
i
I
49% 49%
91% 91%
20%De«
194%Feb
16%Jan 36%De«
24 107kDec 107%De«
21
16%Mar 4496De«
28
45%Mar 7496De«
.
10
De*
38%Dm
17
. .
23
796De«
18
78 Apr 100 De«
13 Apt 36 De«
1094DM
7 Apt
2396Ma) 4396Dee
27
ll%May
64
9%NoT
66%De«
85 Not
7MMa)
23
J'ne
SSkJ'n*
394 J an
iO
29%J'ne 26
pref
51
50
50
50% 50% United States Rubber
5096
•115%117 8116% 115k llSk IIH •115% 11«
Do
pref
187% 183% 187% •183k 1^>7k •185 188 Wj<f.'ner Palace Car...,
".35
130
ens, KarKO a Co
128 128 {125% 123k 127% 137k
0C% 9n% •90
90% 90% 90% 9f% «0k 89« 90
9096 9f9* Western Union Telegraoh
•Bidandaaked prloeai noMleaonthla day. ILeit than 100 iharee. t BzdlT. of 100 p. 0. In bonds.
1116
•183
•135
6
31
63
32k
-L
•26
•78
9,17:
1,548
Oil
pref
American District Tel ....
3w
140
5
4
3
5
Jan
Jan
S^Feb
Feb
Dec
Mar
33kJan
3
37 5108 Jan
4.874 15 J'ne 15
2,338 5696J'ne 18
Do
7
21%J'ne23 3234May
1,515
2,445
pref.
American Cotton
6
38 Aofl
69%Ati«
7794
47% 47% 48
48k
118H 117% 118
117% 118%
55%
61k 51% 52% 53
86
84% 859* 85% 88
•169« 161
93% 93H
39
48
•98
1
^H
42
1
6
65
17%Jan
14%Feb
75%Jan
44%Jan
50
10
mer loan Car* Foundry
93%
45
13
17
157
Adams Bxpress
Do
9
i
36
751
.
St
Do
p'ef.iwhen iss.)
miscellan's Stocks.
42
138%il399« •137
•10
11^ •10
4hk. 47
48% 47% 4794
100«
•97% 101
102% 510f96 101
30
31M 31k 30% 30k 3C% 30% 30
•2«94
•112
112% 112% 112>8ll2k J112 112 ni3
2
2
2% 1^ {296
•5
•5
•5
•5
•5
7
7
7H
•50
59% 50
59% •50
59H 50
59k 50
•15
15
9
24
J'ne
896Jan 6
64 May 13
I
pref
2d pref
Wlseon-Cent. newtwh.ls.)
53
Jan
Jan
9
394 'ne 24
38%May
May
50%Mai
5%Dec
83
-i-
19
53>4
75
54
100
22
5S94
8
98%Jan 5 106 Jan
87 May
44 Jan
7,096 lOkJan
14 Jan
:16,092 40%Jan
55 Apr
11 8S0 17kJan
259*Mar
lUO 167 Jan
242 Feb
30 Jan
39 Apr
35 Jan
42 Mar
300 38 Jan
73 Apr
16 118 Jan
141 Feb
15,795 StkJ'oe 20 509* Feb
16,466 72 J'ne
84%Jan
430
7% J'ne 19 8%Jan
7,810 19 May 24 25%Apr
.
new
1
3
J'ne
24',6'20
pref
L. K.,
4 8% Feb
80
.
45}^
•103
78X 7*H
•18}^
48
55
4
3
864
Highest,
Lowest.
«,050 24 May 24 41kMay 8
31% 32H 32
32k American Steel Hoop
77
779j
1,215 70 May 13 83%May 4
Do
77% 77i,
pref.
56% 56
5e9t
5696 57k Amer. Steel & Wire (new) 84,570 45 Feb 8 73 May 4
9R
3,500 9^%Feb 8 10694Mar 13
96% 9694
Do
96% 9Pi
96h
pref
IS^k 156% 157% 156% 159
16996 1619* American Sugar Refining. 122,699 133%Jan 4 182 Mar2C
.'9 110
118% lis 118s 1118 118 1118% 1U94
Jan 16 12.1 Mar 20
Do
pref
•
104
104
145 598 Jan 4 105 Apr 18
104
104
American Teleg. * Cable.
3S% 37% 88
38
3,945 33 May 24 5294Apr 4
38% 38
3894 American Tin Plate
86
640 81 J'ne 1 99% Feb 8
Do
8596
85% •841.." 85k •84% 85%
pref
101
98
98
96% 97k 97
41,218 t88kJ'ne 21 229%Apr f
American Tobacco
98s
•140
•142
146
160 132 Jan 4 150 Mar 6
14394
146
Do
pref
8,18t 42%Mar 22 70 Apr 2e
55% 5594 55% 55Ji
5594
5e?ii 55%
55% 56 Anaconda Ccpptr
143
138 140 •138 140 Brooklyn Dnlcn Gas.
liO 186 J'ne 5 160 Mar 17
141
140}, 14nk 'uo
16
16
9%May 9 17%Jan 31
runsw. DockAC.Imp't
560
1596 159s
15% 15k '14% 15k •15
2
•l»4
•194
l%Jan 17
•194
2
•154
59tApr 31
Colorado Coal & I. Dev't
2k
2kl
2k
•
5
6
2
6
*...
pr 14
6
Do
b Air 21
5
"
pref.
45
45
875 30%Feb 8 55 Apr 21
4594
45% 43k '46
46
45% 45% Colorad o Ft el * Iron
105 •103 105 {105 lt6 •102 105 108 105
85 88 Jan
6 115 May 11
Do
pref.
H% 14% 14k 14% 14% Col. 4 Hock. Coal & 1 ron
«%Feb 15 18 Apr 19
14%; •U
610
1494 •14
l?"?
173% 175% 173% 176
21,354 163 J'ne 6 22SkMar 11
Consolidated Gas (N. Y.).
1739* 174k 176% 179
43
42
42
42% •42
840 4094May 31 50% Jan 31
Consolidated Ice.
14094 4C94 41% 43
•85
91% *
90
5
90
17C 87 J'ly
97 Mar la
91%
Do
S85
85
pref
41% 41% 41k '41% 41% 41% 42% 43% 4394 Contlne ntal Tobacco
48,110 36 J'ne 21 65%Air 17
82% 82
82
82
81% 82
85
84% 86
Do
10,790 78 J'ne 29 98kMar U
pref
63 Jan 4 85 May 1'/
Detroit City Gas
58
53
6794 5?%
5794 58%'
Steei
8,196 4696Feb 8 75 Apr 3
5794 58
5894 Federal
81
80
bO% 80%
Do
80% 81
3,944 72%M8y 13 93kApr 3
80)41 «76% 8C9*
pref.
121% 122 124kl 124% 125
124 1249* 12496 125 General Blectrlo
13,830 95%Jan
3 125 Jly 26
69
68
68
69% 69% Glucof e Sugar Refining.
1,039 6i%Apr 7 7694Mar 20
§69k 69k! 66% 68%
108 •107 108 1*107
107%, ^107 107% 107 107%
31
10e94May
110 Jac 14
Do
pref
3 117%J«Iy 13
1 1 5% 1 1 o^.: H.B.ClafllnCo
34! 97 Jan
116k 1116% 116k 1116% 116k
41% 4C% 41k 4094 419, 40% "46% 4091 4l9i I Dtemational Paper. ....
4,870 36 May 13 68kJan 28
— 78% 7t<96 •12
79
78
77
Do
1,086 76kJ'ly 27 95 Jan
5
78% 7 5% 75% 77
pref
12
15
11% 15
•12
15
15
International Sliver
10 10 May 6 36 Feb 27
15
=50
•50
45
68% 50
Apr
28
62% •50
52%
Knickerbocker
Ice
Feb
52%
(Chic.)
52%
63k
74
<4
•74
75
•74
75
72 J'ne 24 84 Feb 17
75
76
Do
76
pref
54 65
54
54
54
58 Laclede Gas (St. Louis).
6,135 51 Mar 4 68 J'lv 28
54% 5796 57
98 100 •95 100 •98 100 95 100
100
96%J'iy 18 102%May 18
Do
pref
30k
77%
56% 56%
96
96
•95k 9ek
158H 156 157% 15694
'"
118^ 118 118H,^118
104
103 103H
98H 37% 38k 3794
85
85
85k 85
9791
«7k 9794 9794
78
9k Wheeling 4
Do
Do
•996
•50
Highest.
Jan
J
66
2,700
82,725
58,315
400
. . .
Do
•23% 24^
3094
•80
•77
66
23
23
55
oiH 52
15k 17%
61
69
37
37%
84
84k
6%
18
Central.
Wabash
7*,
50
92%
93
39
140
11%
11
99t
794
115 •113 115
1114
1594 IH
16
16k
fS
62
6296 629,
16
62% 62k
1
* Ohio
Mange for pr9viouM year (1898).
35%Jan
100
425
1,115
2,120
67
79l
Lowest.
.
Toledo
^vol. LXIX.
2.
Bangt for year 1899.
On basis of loo-sh're lots
Shares
80
20
22% 23
115
151.^
1596
61
39
17«
STOCKS.
STOCK EXCH.
40
Do
pref
68% Twin City Rapid Transit.
69H
136 138
138 136
Do
pref
4396
48% 43k 43% 44M Union Pacific Ry
7!-%
Do
77% 7694 7794 77%
prei
54
SS4
20
35
69
138
88
22k 23k
•996
9H
55
80
20
40
6894
siko" 140
•10
51
30
78
». Y.
Sales
of the
Week.
38% Bio Grande 4 Western.
Do
pref
4
5% 5% St.J. 4G. Isl. voUtr.cts
4%
4H
48'.
•46
46
46
48
61%
46
Do
"
Igt pref
'10
14
11
16
14
14
13
Do
2(1 pref
10% 10% St. L. k 8. Fr., TOt. tr. otfs
11
lOVi 105* nc% 10%
69
72
72
'68*4 71
•68« 71
Do
Ist pref
Do
3796 •36^ 37^
3894 3694
37k 3894
2d pref
17
16
16% 16
169*
16k 17 St.IiOaii Soatbweatem..
39
3«>^
Do
3896
3896 3994
38k
pref
38H
56
57
67
St. Paul* Duluth
'54K 57
56Ji 56M
104
Do
pref
•102H I039i
3194 3396 Southern Pacific Co
31^ 32
3194
31W 319<
13
11%
Southern,
voting tr. otfs.
IIH
11% ll?f
52% 539*
52
Do pref., vot. tr. otf»
51H 52
51k ?2
23
22k 22% 22k 22H 22k 23 Texas* Pactflo
185
190
htrd Avenue (N. Y.l.
190 •185 195
185 195
38^
•78
•28% 24% S23^ 23k
15
15k 15k 15
39
138'" 140
13
70
40
•794
22
13«
18
67
•136
431^
•50
32« 52%
6sH
19J
4394
•50
55
25
15
195
20
40
43^
22
•112
14
78
•4
43
12
10^
68
37H
•82M 22^
15
79
5
48^ 44H
77H 77?<
125
88H •30
46
14
•67« 68«
7«
•30
79
Tuesday,
J'mZ)/
Page
(2 pages)
879i
18
119
55
p. 0.
|112%My 5131%I>«
82%MaT 96%A«
stock dlTldend.
RAIL WAFS,
die
Bid. Ask.
Street ittallware.
ynn4Bos-l8t5s'24.J4D .5112 116
Metrop W. S. (Chic). —iff St. Ex. List.
F4A 96% 97
Istg 48 1938
MInneap St Ry-Ss '1 H.J4.1 {108% no
I
22
City Ry
97
Preferred
845
North Chicago— Stock..
lA {105%
1st 58 190«-1«
36
North Jersey St.— Strck.
91
Bonds
6
No Shore Tr (Bosi)-Com.
85
Preferred
Inter
{ Buyer pays accrued
New Orleans
23
93
.
I
38k'
87
est.
i
s
S
N
THE CHKQN1CLE.-BQND
.ULY 89 1899]
BONDS.
Price
Week's
M-N
es^
AmUoik&l. SeeCenofNJ
Ann An or l8t(j 4s..
1995 Q-Jt
Atch T It S Fe gen g 4s. .1995 A-O
9iii
'a^nmaMid
Isi
NUg.1928
10
1995 A-O
1995 Novt
1995 Novt
1902 J-J
Keglstered
Adju.stmeut g4s
Kegistered
Kquiptrser Ag5s
.
.
96
% Sale
I
101^
808
102>4
101
8i
83
85«
110
102
99
Austin &NW. See. SoPac.
Bat Creek & S. See M ich Cen alt & O prior Ig 3}^s.l925
99Ji8ale
Registered
1925 - J
Gold 4s
1«48A -ot ibojisale
Rf sistered
1948 A-Ot
PatB'lt IstgSsintgu.lHHO VI'110
Va & P 1st g 5s
1 fl90 A-O
Monon Riv lstKup5s. 191n
Cen Ohio R 1 St cg4J^s 1930 M-S
'99
W
Jan. '99
J'ne'99
96M
105
108
178
96
lOlM 263
9b
110
& Con
1st g 4s. ..1946
B & O SWHy cong 4i^sl»»3 J-J
Istincg 5s8erA
B
'
98
B&OSWTerCogue5n.'42 M-N
Ohio & Miss 1st con 48.1947 J-J
2d consols 7s
1911 A-O
Isf Spr'gfield Div 7s. 1905 M-N
Ist genera 5s
1932 J-D
Beech Creek. See N Y C 4 H.
& Car.
Mar'99
108
94
2043 Novt
2043 Dect
Series
94
12
32>^
10%
3'2^
13J4
112
"99
Jan.'99
Chic Milwaukee
108J4 112
1301^
128i^May'99
1041^ May'99
89 Feb '99
123
103
89
106
89
M
Rap Tr g 5s
1945 A-O 113 in}4
BkCitylstcon 5s.l916.'41
J *ii4j^
: 117^ Apr '99
BkQCo4Scongug5s..'4] M-N
107H 107H J'ly'99
Bklyn Un Ei 1st g 4-581950 F-A 103^ Sale
103)4
*109% 110
129
180^ 130J^
iS;
1st gold 5»..
FA
1913 A-O
1913 A-O
1906 J-D 108 109
Conlst&coltrg5s....l934 A-O 116^
Registered
1934 A-O
M&StLlstgug7s
1W27 J-D
Registered
JurCR&Nlstos
CRlP&NWlstg5s.l921 A-O 109J^
Canada South Ist 58... 1908 J-J 108%
->'2d5s
1913 M-S lUJ^Sale
1913 M-S
Ill
Registered
arb & Shawn. See
Cent. See Seab
:ar
111
105?i 108}^
12 10S)< 1U4^
Apr '97
105
May'99
108
J'ly '99
116^
J'Iy'99
110J<^
Feb
ibs
108
Jan.''99
i27W 129"
128
106
ISi/jij
110
106
HI
'09
117^
llOJ^J llOJ^S
105
108
109
\n%
105
lllM
112
Jan.'97
& Roan.
RlaF&N. SeeBCR&N.
UP
J-D
M-N
89
S9}^
entofGaRy— I8tg5s.l945 F-At 120
Registered
Consol gold 5s
Registered
1945 F-At
1945 M-N
96^ Sale
1945 M-N
1st pref income g 5s
1945 Oct.*
i'i}yi Sale
2d pref income g 58. .1 945 Oct.*
la}4 13J4
3d pref income g 5s. .1945 Oct.*
6}i Sale
M&NDivlstg5s
1946 J-J
Mobile Div Ist g 58
1946 J-J
Mid Qa& Atl Div 5s.. 1947 J-J
ent of N J-lst conv 7s.l902
M-N 110 97)i
Convertible deb 6s. ...1908 M-N
Gene al gold 58
1987 -J
121)4
Registered
1987 Q-Jt
Leh &
B C con as 7s. 1900 Q-Mj
OS
1912 M-N 100>i \66ii
J^e jt Hud R ueu gu
g 5s.'2 J-J
Am Dock & Imp Co 5s.l92] J-J lie
NJ South int guar 68.. 1899 J-J
ia Paiiflc— Ctfs dp A. .1898
Speyer & Co ctfs BCD. 1899
speyer&Coctfsdei-ElKOO
W
speyer & C.. ctf FGHI. 1901
San Joaquin Brg6s...l900 A-O
Speyer & Co ctfs
Guaranteed g 5s
1939 A-O
Speyer & Co engcts
I'-and grant gold 5s
1900 A-O
SiJeyer&Coctfs...
C&O Divextif 5s... .1918 j'-j
Speyer&Coctfs...
western Pacific g 6s- .1891 J-J
6«
Speyer&Coctfs
les
-J
A-O
J-J
,Ke
;!l93k
isterrd
M-N
1939 M-N
:'engold4J<8
1992
Registered
1992 31^*ADiv St con g 4s 1989 J-J
ii con g 4s
1 989 J - J
^aig Valley Istg 5s.. 1940 J
-J
VarmSprVal Istg 5s 1941 II•!« B S gu g 58. 1
902!MS
Itn
A®,»
ic &
Alton sink fd Os.. 1902 M-N
.iOU & Mo Riv l8t 78
.1900 K -A
119
120
MS
97J^ Sale
1
2d
•
'
104
99
106
&%
99
44M
H
15
6
102
102
109% 112
112^112%
20 11314 122^
103)^ Mar'99
107%
J'ly '99
107
112
101
1215^
Jan. '98
J'ne'99
1041.^
Apr'99
108%
J'ly -99
12014
62% Jaij.'99
181
104%
104}^
J'ne'99
95% May'98
10114 Apr'99
103
103
109 J'ne'99
104
Feb
106% Feb
101% 104
108
104
;
I
onester
Ry
'«^e«l»ll
1 Bb
1933
on6« 1930...
.".Mis
j*n
AiO
107%i
106% 106%*
t Due July
t
J'ly '99
107
Feb
115%
103% Nov 98
106%
113
118
170
172
1:2
172
172
172
170%
.
)-J§
.
11
107
I-J5
J -I)
121
114% 118%
108%
119%
92
104
J'ly '99
121
125
170%
16114171%
114
118
116
109
.
.1886-1926
Gen Gold 3%s
1987
Registered
1937
Escaju ii L Sup 1st 6s.. 1901
Pitts.
MS
1911 >1-N
6s 1925
115"
;."
1917
1917
1988
1988
&
..
118% 123%
132%
121% 123%
118% 124%
118% 125%
110
110%
122% 122%
123
118%
112% 118%
108% 114%
J'ly '99
J'ly '99
J'l, '99
125
Apr'99
113
J'ly '99
116
116
J'ne'99
J'ly '99
108
111%
117%
i is"
106
109
J'ly'99
117% Feb '98
109 May'99
106% Feb '99
110
103
10
J'.y'99
108
124
Oct.'98
J'ne'99
106% 106%
102% 110%
Nov'98
May'98
124
117% Feb '99
111
113
HI
Apr'99
140% J'iy'99
105% Feb '9'
113
124
107% Apr'99
98% Apr'99
86
117% 125%
140
146
114% 114%
131% 136%
132
134%
148 104% 110%
105% 107%
J'iy'99
98% May'99
114
111
113
189% 143
Dec'98
J'ly'99
114% J'ne'99
134 J'ly'99
133% J'ne'99
10-.%
IO814
124
117% 117%
Jan. '99
124
138
146
114
120
116
106% 110%
105% 109
121% 123
109% Mar'98
118
126
142% 145%
lll%115
98
98%
83
86
98% 98%
109% 114
J'nfe'99
S F.
.
.
Cairo Div Ist gold 48.1939
St L Div 1st col trg 4s. 1990
Registered
1 990
Spr&Col Uiv Istg
WWVal Div Istg
I
119
115
137% 137%
See III Cent.
See Pa Co
City & S Ry Bait 1st g 5s 1 922
Clearfield & Mah. SeeBR&P
CI Ak
eq & 2d g 6s. .1930
CI & Can 1st 58trrec .1917
C C C & St
Gen g 48. 1 993
Due Nov.
171%
129
119J4 Dec'98
110 J'ly '99
F-A
F-A
M-N
Q-N
•104%
DesMoJc iViinu 1st 78. 1907 J-J
F-A
Iowa Midl.ind 1st 8s... 1900 A-O
Wibona&StPet2d7sl907 M-N
Mil & Mad 1st 6s
1905
'115
...
OttCF&StPlst5s..l909 M-S
North Illioois 1st 5s. ..1910 M-S 113 ....
113
MilLS&W Istg 6s... 1921 MS
M-N
143
Convertible deb 58.. 1907 F-A
Ext&Impsfg 5s... 1929 F-A 124% 112%
12.=;%
Mich Div 1st gold 6s 1924 J-J
Ashland Div Istg
ChicStL&NO.
IC
171
112% 122%
105% Mar'99
122% Jl'y'99
.
. . .
160%
160
161
121
145%
112%
i
.
107
J-J§
J-D 125
Q-F 145 148
J-D
Registered
.!."..190.: J-D
Sinki .gfunl6s 1879-lwk9
A-O
120
Registered
1879-1929 A-O
120
Sinking fuud 5s.. 18 9-1929
A-O •107%
Registered
.1879-1929 A-O
Sinking fund deb 58. 1933
M-N •122% 123
Registered
1933 M-N "
121
25-year deben ure58..1909 M-N
IIOH
Registered
1909 M-N
30-year debenture 5
1 92
\-o •120
Regis ered
1921 A-O
Extension 48
1886-1926
.
109% 117%
'99
112% 112
112
105% Feb '98
Q-J§
124
1055g 108
Due June.
4s. 1940
4s. 1940
137% J'ly'99
134% J'ne'9H
140
Mar'99
132%
J'ly'99
9h%
106
122
136
141
134% 138
140
131
100
44
93%
140
139i
1025,
J'ne'97
1»2
22 120% 123
'99% J'ne'99
119 Oct.'97
103% Oct.'e7
113
May'99
90
91
15
94%
95%
36
"99%
"99%
112""
iis"
70%
87^
95%
08
97
J-D
-A
92
J
J-D
J -J
M-N
M-N
M-S
J-J
T Due Jan.
J
90% 93
94% Sale
97
'
102
!•••§• •••••
97
102%
J'ne'99
J'ly'99
99
May'99
87
Ang'98
Bonds due May.
a
91
999( 10S9<
99
These are option
99
sales.
|
91
108
98
109
«106% 107%
Con Gas (NT)— 8tock-^N YStk Bxota
Deb
.M4N
5s 1908...
91% 95% Bqntt Oas
(J'rr4Kleo(Prov)-8t'k 102
104
Chicago 01
lao
121
,00 1986
110694 107
roester
MAN
(Ma88)Tr-Com
116%
138
137
115
120
(Giveit at poot OP 7 coysEcuTiVE
PAQii8).—QA;S SECURITIES, dkc.
Bid. Ask.
Gam Securttlww.
Blu. ASK.
tittf BecurltlCK.
Bid. Ask.
Gaa MecurlUgM.
{112% \16%
Bid.
N Y Blec Lt Ht 4 Pow 4s. 90% 91
70
75
NEW
OTHER ClTlBio.
FORK.
Gold
58
la
20
1U6
Central Union Qaa—
107% Baltimore Consoiidat—S« « Bait. Lift.
N Y 4 East River Gas—
98
100
Ist 5s
BayStateGa*—
It
referred
1
llOJi
J>UTSIDE SECU RITIES
re^t Rallwayg.
'T*Pawt'ck-l8t58'33
ihmRyiKiec-l8t58'20
1989
1989
B.1989
Registered
1989
Mil & No Ist
6s.. 1910
1st consol 6s
1913
Ch c* i^orthw— Con 7s i9i5
<jold 7s
9h2
A.
L—
IOIJ4I
111% 111%
134
137
115
Sale
105
114
114
170
J
J
1903
Ketiistered
Gen gold 3)^8 series
&C
108
100
101
'99
'99
No price Friday these are latest bid and
asked this week,
97%
92% 92%
100
a2 105% 113%
J'ly '99
J'ly -99
J'ly '99
114^...,
CinH&Dconsf 7s...!.'l905 A- 120
116>ill9%
2dgo!d4%s
1937 J-J
118% 121M
Cin D&I 1st gug 5s... 1941
117% 121
CIStL&C. SeeCCC&StL. M-N il5%
116% 119
CinS&C. SeeCCC&StL.
104
100
J'iy''i.9
107
101% 105
Apr'99
.
120% Chic St L &
W%
il3J^
14 105
111% J'ne'99
.
J'ly '99
J'ne'99
9-7%
125% 151%
115%1165g
107
124
12:ii4 ....
.
J'ne'99
J'ne'9«
J'ly '99
117H
113?i
138
107
105
100
105
112^ 125J4 Chic St P M & O con 63. 1 930
•136%
107 110%
Ch St P & JMin 1st 6s. .1918 J-D
•i-N
112 112
Nor Wisconsin 1 st 6s.. 1 930 J-J "135>4
StP&SC!tylstg6s..l919 A-O 133
120H 122U Chic Ter Transfer g 4s. 1947 J-J 99% Sale
103 105% Cn & \\estl lstsfg63..1919
M-N •104
108% 109%
General gold 6s
1932 Q-D
125
Chic &West Mich Ry 58.1921 J-D
Coupons off.
1921
99 ibo'
Apr'99
Apr'99
109>f 113
106^ 106% 106%
.
1125^11314
1045^105
J'ly -99
116^ J'ne'99
J-J 131%...
J-J
J-J 107% 108
DesM&FtDlst4s...l905 J-J
J-J
98%
103% 104%
lst2%s
1905 J-J
86
89
10314109
E.xtension 4s
1905 J-J
Keok & Des M 1st 5s. 192» A-O
114
ids'" ib'r%
1923 A-O 112
^, Small
10514108% Chic & St L. See At T
116
J'ly -99
Mar'99
J-J •170
168% May'99
78.1905 J-J '170
171
J'ne'99
1908 J-J 170
170 J'ly '99
Ist Southwest Div os..190m
J-J
119
121%
J'ly
'99
lstl.aCrosse& D 5s..l919 J-J 117%
115% Nov'98
1st So Minn Div 6s
1910 J-J 121%
121
121W
IstHasL&DDiv 7s... 1910 J-J 129%
132% May'99
OS
1910 J-J 111% 113% 109% Dec'98
Chic&PacDivOs
1910 J-J 121^
123
May'99
Chic & P W 1st g 5s. .1921 J-J
121%
121% 121
Chic & Mo Riv Div 5s. 1926
J-J
12a% 1,'iMi>.eral Point Div 5s.. 1910
J
112% Apr'9'9
Chic&LSu Divg 5s.. 1921 J-J
122
122% J'ne'99
Wis&Mitin Divg 5s. .1921 J-J nw%
120% J'ly '99
Terminal gold 58
1914 J-J 115%
118%
May'99
Far & Sou assu g 6s
1924 J-J 130
137% J'ly '99
Cont sink fund 5s
1916 J-J
106%May97
Dak&GtSog5s
1916 J-J 115 118
115% J'ly '98
Gen gold 4s series
5 1121^ 1211^
Incomes
99 Ji 1021^ Chic Rock I & t-ac 6s
879i 99
Registered
General gold 4s
114 II614
Regis ered
Mar'99
116
120
119
117
97
10014
J'ly '98
J'ne'99
J'ne'99
112J^ Mar'99
121
121W
i-2114
12lJi
lOOH 100><
100
•101
103
1021i
108><
'106
.1900IM-N '105
78.
38
Dec'98
119%
1911 A-oir 120
lUtcongSs
34
"13
109% Dec'98
& O—Gold 68 ser A.1908 A-Ot 118
jiOld 6s
91%
120% Mar'99
123% J'ly -99
j
,
42«
J'ly '99
95
96
102
110
96
86
1031^ Mar'99
1081^ Mar'99
112?^ J'ne'99
I
1
95
116% 120
97
41H
93Ji
113%
a.
l8tC&M7s
Chic Mil & St Peon
1st I & D E.xten 7s
32%
106
34
107
Mutual Gas
N.
7.
Amsterdam Gas, Com
Pref
1st consol 5«
106
116
110
118
260
310
F4A ilOl 102%
M48 {118% 113
Ist 6s 1899
Con. 58 1932
,
3m
88%
575< 58M
»innu lOlu
Ist 58
1944
J4J
Consol 5s 1945
J4J
Nor Un 1st 58 1927. .M4N
Standard Gas— Common.
Do preferred
1st 58 1930
BROOKLYN.
M4N
1.
112%
118% J'ne'99
107% J'nc'99
lst7s4goIdRD....1902
Registered
Apr '99
13
.
89
J'ne'99
96a^
.
I
S9
96
120
. .
|Noof Cal Istgug6s...l90.
Guaranteed gold 58.. 1938
larles&Sav istg 78.. .1936
,,.
since
Jan.
105
138
>..
en Branch
Istg4s.l948
entr«l Ohio. See Bait & O.
euRR&B of Gar-Col g58'37
'
MS
M & St P— 1st 7s SStg RPaul—
D.'02
.
anhage&Ad. SeeNYC&H.
I
A-O 117%
A O 106?^
F-A 101
M-S
FA
M-N
M-N 1135i
1947
ML
lOlJ^ 105
108y
iiij^
Cen.
10 1071^111
J'ly'99
103
lli\6
117^117^
109% lf9%
129" J'ne'99
Southwest. See Ene.
iutfStMA:SWlstg58..1927
JuffiSmq
108
103JJ
Bklyn &Mont»uk. SeeL?sl.
Bruns & West Istg4s...l938
J-J
M-S
Debenture 6s
1947 J-J
Rnch & Pitts Istg 68. .1921 F-A
Consol 1st 6
1M22 J-D
ClvtMah 1st gugSs... 1943 J-J
3uff
.
RefuudinggOs
93%
Bklyn
See Erie.
58
193
1919
1922
.
101% 111
Jan.'99
32J^ Jan.'99
Feb
iia
148
Chic Ind & liouisville l-ouisvN A&Chlst6s..'10 JCliicInd&Lrefg 5s.. 1947 J
Set Illinois Cent..
Boouev Bridge. Sec
K & T.
Bway&7thAv. See Met S Ry
ButTNY&Erie.
Buff K & P gen g
^4s
Denv Div 4s
Range
Is
Last Sale.
Ask. Low. High. No. Low. High
'
.
108;^ 112
107^J'iy98
105
Week's
Range or
114
See Erie.
J'ne'99
Price
Bid.
A-O
J-J
A-O
217
Friday
1913 -ll-N
1903 M-S 137
Convertible 5s
Iowa Div sink fd 58 ...1919
1.
July 28.
A O
J-D
100%
Small
1907 J-D
1st conges
1934 A-O
Gen con 1st 5s
193 M-N
Registered
1937 M-N
Chic & Ind C Ry 1st 5s 1936 J-J
Chicago & Erie.
Dec'98
111
J-J
B&OS Wist gug 41.^8.1990 J-J
Debenture 5s
ChicB..r&Norlst5s.l926
Chic&Ein. I8tsfcur6s.l907
FA
Piits
Miss Riv B 1st sfg 6s..l912
Chic Bur & Nor. SeeCB&Q
Chic Bur & Q— Con 7s ... 1 903
Sinking fund Ss
1901
Southwestern Div 48. .1921
Chic & Iowa Div 5s.. ..1905
Nebraska E.xten 4s. .1927
Registered
1927
Han & St Jos con 6s. .. 1 9 1 1
100}^ 102
»6?<
i'ooji
9flM
99J^103J^
100 102U
231 78
85^
83
8-i%
Mar'99
Feb
N.Y.
1,
102Ji
87%
2
MS
'
^*c
Bel
98
96
.
Page
(o pages)
BONDS.
STOCK EXCHANGE
Low. High Week Ending July 29
Chic & Altou (Cull) —
since
Jan.
J'ne'99
96
85}i Sale
Chic & St Lou 8t »s 19 e
Atl Av Bklyn imp u 5s.. 1934 J-J
Atlan
Banv Ist g os. .1950 J-J
Atlanta A Cbar. See Sou Ry.
1
101
PKICES
.
Range
Friday
Range or
K.Y.^TOCK EXCHANGE •St July
28.
Last Sale.
WbIk Ending July 28.
Bid. Ask Lou: High.\ No
Alabama Cent. See Sou Ky.
Albans &Sn»q. SceD&H
AlleBbeny Val. SeePennCo.
6
1
1%
111
113
112
96
118
138
116% 118
Brooklyn Un Gas— N Y 8t 00k B ZOll.
1st con 5s— N Y Stock Exoh.
WiI11am»hiir(r G«« Int Ra ?100
102
2
Incomes
Boston UnltedOas Bonds -Bosto aList
109
94
118
185
Buffalo City Gas— Stock.
8
9
Ist 68 Bonds
i 86
87
^loago Gas— Se« N Y Sto ok Bz Ob.
1
Jloero Gas
inolnnati
Co 1st 6b.
Gas 4 Coke
.
108
184
45
{101
* t f
1
186
<
City
Gat .Norfolk Va).
50
1st 68
{And Interest tPrl(^|n»r ihlar*
1«
6
.
.
THE CHR0N1CLE.-B0ND
218
Pne*'
Week'8
Friday,
Range or
|e
July 28.
Last Sale.
(§"*
51
BONDS.
N.Y.8TOOK EXCHANGE
Wbbk Endinc July
Range
Jan
Aik.
St L (Con.l
W*MDlvlatg4g.l991 J-J
C C C &
01iiI8tL,&0 1itg4s.l936 Q-F1
96
104>^
1936 0-Ft
1920 M-N
con Iste 58.1928 J-J •116H
Low
1.
High. No. Low. High
OoMol
961^ Apr '99
103Ji Mar'99
95
103
118}^ J'ne'99
103^4 Apr'99
118)4 118)4
103)4 103)4
Gal nar 4
97
104
al
iDd Bl
&
W Ist pf 7s. .1900 J-J
W
iBtpf 5S...1938
OIiid&
85)4
P60 & Bast 1st oon 4s. 1940
85H 84)4
1990 Apr
SO
30 J'ne'wi)
4s.
Income
138)4 J'ly'99
OlOCAInd oonsol 7s.. 1914 J-10 138H
Oonsol sinking fd78...1914 J-D
S«neral oongol gold 6s. 1934 J -J 135H
.19ci4 J -J
Registered
CO &I7S.191.1 A-0
0481st
01 Lor 4 Wh oon Ist 5b. 1938 A-O 'i08H
ai«T 4 Marietta. See Pa BR.
01«T 4 Mabon Val g 5s.. 1938 J-J
1938 Qa-J
Registered
OIST 4 Pitts. 8m Penn Co.
63 Sale
001 Mldl'd— lBtg2-3-4s.l947 J-J
72 Sale
1947 Istg 4s
1929 F-A
88^ bale
Col &8ou Istg 4s
Ool4 9tliAv. 8e«MetStKy.
Oolnm 4 Qreenv. See So Ry.
Val. See Hock Val.
Col &
QOI 4 Cln Md. 8m B 4 O.
Ool Conn 4 Term. S««
Oonn 4 Pas BUs Ist g 4s. '43 A-0
MC
.1
.1
22
88)4
83
33
135)4 133)4
Hock Val
134)4
108)4
134)^J'ne'99
128
134)i
62
69
76
00
78
«3
72
42
17
173
M-S •126
126)4 J'ne'99
A-O •124
134)4 J'ne'99
142 J'ne'99
M-N •140
.1900 J-J
107
8ep.'98
7s
1871-1901 A-O 108
108)4 J'ne'99
7i
1915 J-D 140
'99
J'ly
ist oon guar 7s
143M
1915 J-D
140 Oci.'9N
Registered
183 J'ly '99
ir T Lack 4 W 1st 6s. .1921 J -J 136
1923 F-A 121
Construction 5s
118)4 Apr'99
1923 M-N
Tenn41mpt 4s
108)4 J'ne'99
1900 A-O 105
108 Ang'98
Warren 2d 7s
Dal4HodlstPaDlv7s.l917 M-S 142
146
8ep.'98
1917 M-8
Beglst«red
143 May'97
134^
AXb ASas Istoonga78l906 A-0
180)4 Apr'99
1906 A-0
Registered
133 J'ne'99
1906 A-O i'l'e'
Gold 68
116 J'ne'99
1906 A-0
Registered
116)4 J'ne'99
1921 M-N *160'
Bens 4 Bar Ist 78
160)4 May'99
1921 M-N
Registered
141 May'98
Del Rly RR Bge. See Pa RR.
Den Con Tr Co Ist g 5s.. 1933 A-O
93 Jan.*99
Den Tram Co con g 68.1910 J-J
68.1911
Met Ry Co 1st gn g
J -J
106
nen 4 R Or 1st gold 7s. .1900 M-N •
105X May'99
1936 J- J •
latoong 48
100>^ 100
\00\i
1936 J-J •
99
lstcong4^8
109
109
Improvement gold 58.1928 J-D »
106
105J^ 105M
Des M 4 Ft D. See C R 4 1 P.
BMM4MUm. SeeCh4NW.
Bes M Un Ry 1st g 5s. 1917 M-N 104
108 Apr'99
••tM4Tol. 8eeLS4MSo.
lstUeng4a.l995
90
Det4Maok
J-D
69
70
1995 J-D
GK>Id 4s
70 J'ly '99
Dal 4 Iron Range 1st 5a.l937 A-O 110
110 J'ly '99
Registered
1937 A-O
70)i
85)4
143
119
M-S 122)4
M-8 117
A-O 122
J-D 107
M-S *144H
M-S
A-O 141
BnffNT4Brle 1st 78.1916 J-D '136)4
Bair4S Wgold68...,1908 J-J
Small
1908 J-J
Jeff UK let gu gold 5s.l909 A-U) 106
Chic 4 Brie 1st g Ss... 1982 M-N 116
Coal & HR 1st gu 6s. 1922 M-N
Dock 4 Imp 1st our6s.l913 J-J 120
N Y 4 Oreen L gu g Ss. 1946 M-N 108
1946 M-N
email
rle Istoong 4b pr bds.1996 J -J
Registered
1996 J-J
121
Xdeztgold 58.
Sdextgold 4^8
4thextgold 5s
Cthextgold 4s
1919
1923
1920
1928
1920
1st oonsol gold 78
gold
td 7s.. 1920
1st oonsol
Xiong Dock oon gold 68.1935
Itt eon genllen g 48. ..1996
J -J
RegUtered
1996 J -J
Y B4
l8t ref Ss.l937 J -J
8dgoid4^B
1937 F-A
General g 5s
1940 F-A
Terminal 1 St g Ss. ... 1943 M-N
Regis $5,000 each. 1943 M-N
.
K
W—
146
Consolgold 5s
Ft 8 4 V B Bge.
A-O
M-N
A-0
J-J
W 4 D C— Ist g 4-68. 1921 J-D
109
101
107
124
108)4 111
143 146)4
138" 143)4
117 118H
108)4 108)4
180)4 180)4
182 123
115 117%
114)4117)4
160)4 163
90
Gad Securliien.
H 4 L (F storia) 5».
OJty
Heat-Com.
105%
'108
Bid.
{
64
J4J «105)4
1st 5s 1932
81
UonsoUd Gaa(NJ)— Stck
IstSs 1930
Oonsol Gas (Pitts)
Pref
J4,T
87
81
66)4
BondB 58
1st 68
"•trolt
Ask.
94
88
(J
144)4
Dec '98
Apr'99
Feb '99
'99
116)4
Feb
92
106)4109
100
104
10S%112T4
103)4 109^
Jefferson
65
Noy'97
103
70
111
City)— Stk
M4N
0<u— See N Y Hxo
Bssex & Hudson Gas
92
108
24
90
83
58)4
116
96
110
h. list.
42)4
44
101
Sale
101
101)4
35 101
107)^
IU4)4
1f7M
104)4
1
16
107%
Vosii ib7%
108)4 108)i
106)i J'ne'99
104% Jan.'9w
106)^ J'ly'99
101
Mar'W
100)4 8ep.'9fc
104% 107
104% 104^
103% ibs"
103%
60
111
Sale
66
Sale
107
104
I14)i
81
91)4 J'ly''99
133
103
9S%i06)i
92)4
94"' i05)4.
103)4 103)^ J'ly-99
103)« Apr'99
129
116)fi
106
114)i J'ne'99
03
103)i
107
107)i
97)4 104)i
113)4 J'ly '99
112)4 Nov'98
J'ne'99
1 02)4 Apr. '9f
105%
103
May'99
123
12»
128%.
128% May'99
120
123
100
Apr'99
ibo" iod"
104)4
Feb
121
Feb'9fi
8ep.'9H
104)4 i04)4
'99
i"2i"
m'
94% Dec '98
9u
Noy'98
104
J'ly '99
iu6
Apr'99
184)4 J'ly '99
93
93)4
64
66
113)4
114M
102)4106)4
104)4 108
51
126
97
66
116
123
91
60
41 107
19
•100
61%
68.192
ME4T
Sale
»120
J-J
L84M8. See NY Cent. A-O
80 104% 111
Leh Val (Pa) ooUg6s..l097 m-N
Registered 5s
1997 M-N
Leh V N Y l8tgug4)4B..1940 J -J
20 115)4133)4
Registered
1940 J-J
Leh VTerRy Istgug6sl941 A-O
"2 131 181
Registered
1941 A-O
11«)4 116%
L y Coal Co Ist go g 5s. 1933 J-J
121
131
Registered
1933 J -J
106)4 106)4
142)4 146% Leh 4 N Y iBt gn g 4b. ..1945 M-S
Registered.,,,.
1945 M-S
Bl C 4 N Ist g lBtpf6B.1914 A-0
139)4 139)4
Gold
guar
5s
1914
A-O
140 140
Leh 4 Hud R. See Cen of N J
t,en 4 WUkesb. See Cent NJ
Leroy 4 Caney Vai. See Mo P,
106
106
1941
6b. .1945
61
6'.%
67
58% 76
120
110
13
116)4 181J<
103)4 110)4
108M
120)4
J'ne'99
J'ly'99
•103
104
Ang'98
107)i
109%
J'ly '99
110)4
•103
114
Sale
114
113
109)4 J'ly '07
96 J'ne'99
.
Lex Av 4 P F.
111)4116)4
L
See
83
107
36
12
"'i
2d income
NYB4MB
95 102)4
111)4 111)4
98%
120
98
35
77
62
87)4
tDaeApril.
7
105
106
• * * • •
62
74
120
106
818
91)4
OS
!
{
1015
99% 101%^
11
87
124)4 J'ly '99
120
124)4
08 " 102**
99 101
100
101
J'ly '99
J'ly '99
100
Jan.'99
100
100
107**
Jaji.''99
107
107
'
100)4 100)4|
56
J'ly '99
60
6
J'ne'99
6
72
10
106
Noy'97
131%
J'ly '99
120%
188)J
121)4 J'ly'99
117
113
118
109
135
113
117
12«
118W
121^
100
J'ly '99
118
107
J'ly'99
Deo '08
J'ly'99
107
Noy'98
•Ill
•109
112% 109
J'ne'99
J'ly'99
100)4
109
100)4 Sale
J
"67%
.
12
*6'fsl|
99%
106)4 100>
107)5 110)
69 04% 100)
TDaeOotober. {Boodfita* i«lM
oonseoutivb FAQEa).—GfA8
Gas—Stock
33
•108)4
Syraouse
68
79
98
35% May'99
67%
66
84
Ask.
62
76
. .
iDaeJanoary.
60
9
113
117
110
70
Bid
101%
100)4 Apr'99
4
105)4
Bid. Ask.
Oaw Hecurltlea.
Loganspt 4 Wab Val— Stk
48
6a
Ist 6s 1925
J4D 87
70
Madison (Wis) Gas- Stck
78
82
Ist 68 1926
A40 ?107 111
48
Ohio 4 Indiana— Stock.
52
lBt6s 1926
J4D 67
70
Peoples Gas 4 Coke— N Y Stook Bxch
Philadelphia Co— See Bos ton L Ist.
46
40
8t Joseph (Mo)
5s 1937
J4J 93
95
60
8t Paul Gas— Stock
62
Consol 5b 1944 ....M48 { 88
91
WtiB Securlttea.
114
96
J-J
1940 J
Registered
66%
Fort Wayne (Ind)— Sto Jk
lBt68 1925
J4J
Grand Rapids— Stock
103
1st 5b 1915
F4A 104
Hartford (Ct) Gas L... 25 t 43
Indiana Nat4 111 Gas— Stk
69
lBt68l908
M4N 71
Indianapolis Gas— Stock. 110
Ist 69 1920
M4N 104)4
Jersey City Gas Light.
208
Laclede Gas— N Y Stock Bich.
Lafayette (Ind) Gas— Stk
65
Ist 6b 1924
M4N 80
M-S
M-8
M-S
4M
J-J
J-J
BH4Na«h Istg 6b.. ,1919 J-D
General gold 6s
1930 J-D
Pensaoola dly gold 6b. 1920 M-8
BtLdly Istg 6s
1921 M-S
8dg38
1980 M-8
Hash 4 Deo Ist 78
1900 J-J
Blnkfd(S4A)g 68.. ..1910 A-0
S4N Aeon gug 58. ...1936 F-A
Gold 58
1937 M-N
Unified g48
1940 J-J
110
101
(Given at foot op
«
1943
Lou 4Nash—Cece) Br 7b1907
Istg
6r .,...1930
NO
2d gold 68
1930
108%
and Mkedthli twMk. DieAognat.
M
100
95
•119
•105
106
119
108
95
Se
General gold 4b
Mar'98
J'ly '99
1911
1911
6s.
NorShbl8toonggaSa..'32
N Y Bay Bx R Ist gn g 68'43
Montauk Ex gu g Ss. ..1945
La 4 Mo Rly. See Chi 4 Alt.
L E 4 St L Con on g 5b Tr oerta
108)i
122
lOOH 107
Mar'99
Istg
iBtSs
180)4 124
100
101
,.,1927
con gSs.. 1935
Bklyn4Mon
131)4 125%
100)i 106)4
J'ly '99
184
104
98
101
J!
, , , ,
112)4
'99
118
Met St Ry,
fJ^
M-S
J-D
J-D
N Y4RBl8tg6s.,.,1927 M-8
91% 95
93%
70% 77
106)4 lll>4
114
Feb
105
..... .•t,.^
101)i
Ist con g 4s
1931
General gold 4b
1938
Ferry 1st gold 4)4s. ...1932
Gold 48
1932
Debenture gold 6s.
1934
93
93
91)4
100
180
R4M Istg 5s 1937 Trotfs,
Lons Dock. See Brie.
Long Xsl'd— 1st oon g 6s.l931 Q-
103
80
See
2d gold 68
North Ohio 1st ga
104
106
78)4 79
65X 64
100
Eanaaa Mid. Se« St L 4 S ^
Kentucky Cent. Se« L 4 N.
Keok 4 Des M. See C R I 4 P.
111% 116
123)4 182
J'ly '99
Sale 105%
106%
107)4 J'ly '»«
101
May'99
See Brie.
KCP4G l8t4oolg
•••••• ••••••
106
101
114)4,
J-J
4 Ohio. See So Ry.
Lake:Brle4W Istg 68.1937 J -J
J'iy*'99
J'ly '99
103
99)41004^
J'ly '99
KnoxyUle
931i May'99 "12
72)4
72M
106
132
RR.
Kan C 4 Paa
0ct.'98
93
Deo '98
117)^,
104
A 4 G R. See L S 4 M S.
Kal
an 4 Mich. See Tol 4 O C.
K C 4 MR4B Istgug5s.l92li
107)^ 108
68
106
If
105
106
W
185% J'ne'99
103
OUTSIDE SECURITIES
Oonsum Gas
91%
100
•122
price Friday; these are latest bid
Col Gas L 4
Preferred
Apr'99
113
FtW4 RloGrlstg3-4s.l928 J-J
.*llo
May'99
116S1
J'ne'99
144
131
Sale
J-J
J-J
1951 J-J
1951 J-J 104
Registered
1951 J-J
Ist gold 38 sterling.,,. 1951 M-S
Registered
1951 M-8
CollTrustgold 48
1952 A-O 100
Registered
1952
L N O 4 Tex gold 4b 1953 A-O
M-N 105
Registered
195S M-N
Coll tr 2-10 gold 4b..,,1904 J -J
Registered
1904 J-J
Western Line iBt g 4s.l951 F-A 113
Registered
1951 F-A
Loolsyllle Dly g 3)48 .1953 J-J
Registered
1958 J-J
8t Louis Dlv g 3s
1951 J-J
91)4
Registered
1951 J-J
Gold 3)48
1951 J-J
Registered
1951 J-J
Cairo Bridge gold 4s.. 1950 J-D
ReglBtored
1950 J-D
Middle Dly reg 6s
1931 F-A
Spring Dly Ist g 3)4e. 1951 J -J
Registered
1951 J -J
Clilo8tL4N Og 6b.. 1961 J-D •187)4
Registered
1951 J-D
Gold 3)4s
98
1951 J-D
Registered
1951
Mem Dlv lstg48.,, .1951 J-D
J-D 106)4
Registered
1951 J-D
BeUey 4 Car 1st 6b. ... 1933 J-D 120)4
St L Sou lstgug4B...1931 M-S 106
Carb4SlBtg 48
100
1982
IndB14W. Se«CCC4 8tL. M-8
Ind Dec 4
Istg Ss..., 1935 J -J •104
Ind Dl&Ialstref g58..1948 A-O
Int 4 Gt No Ist gold 6b. 1919 M-N 124)4
2d gold Ss
93 )i
1909 M-S
8d gold 4s.
65
1921 M-S
Iowa Central Istgold 58.1938 J-D 114
Iowa Midland. See Ch 4 N W.
StL48F.
FortStU DCol8tg4><8l941 J -J
Ft
131
106)4
144)4
143
139)4
140
93)4 Ang"<.8
99% 101
111)4 J'ly '99
•101
101
J -J •104
1943 J -J •102
See
131
106
116
SrAIndlstoongug 6s.. 1926 J -J 100
Fargo 4 So. 8e«ChM4StP..
M
181
131
iVo"
l8tK6sl910
Pere
g 6b... .1920
Istoonsol gold 58. ...1939
Huron
Dlv
Ist
Pt
g 6s.l939
B"la Cen 4 Pen Ist g 58. .1918
1st land gr ext gold 58.1930
109\i
116%
"iiii Sale
J-D 106
A-O 121M
Man4L8ap. SeeC4NW.
8prlng8
1st
68.
Boreka
1933 F-A
g
lstoon6s
1921 J-J 123
tATH
1st general gold 68....1942 A-O
1933 A-0
Mt Vernon 1st 6s
Sail CoBr'ch Istg 58.. 1930 A-0
FUnt 4
109
108)4
Wllk4Ka8lstgug58l942
MURRofNJ
93)i Feb.'99
114)4 J'ly '99
•106
•100
100
1st gold 3)48
186)4 126)4
124)^ 134)4
. .
1081.^
cou g 4)48.1999
i«99
Illinois Cent Istg 4s. ..1951
;oe)4
0ak40t8o. 8e«CM4StP.
astTVa4Ga. See.SoRy.
Elgin Jol&B Istg 58... 1941 M-N
Bill Lex 4 B S. See C & O.
Blm Cort 4 No. SeeLeh4NT.
1947 M-N
rle 1st eit g 48
1st
Registered
62)i
Mange
•Tan. 1
Ask. Low. High. Ifo. Low, High
104)4
-O
-O
-jir
J-J
& H V Ist ext g 48.1948 A-O
137)4
HoUBt E 4 W T 1st g 5B.1933 M-N
108H Hous 4 Tex Cen. See So P Co.
108)4 Feb "99
108)4 J'ly '99
Weef^s
Range or
Last Sale.
Co.
1st pf g 5s.l945
Registered
aUas 4 Waco. SeeUK&T.
Del Lack 4 Western 7s.. 1907
8yr Blng 4 N Y Ist 7s.l906
Morris 4 Bssex 1st 7s. 1914
113)4 115
P
Col
134)4 J'ly '99
N4W
W
See 8
LXIX.
[Vol.
Han
onsatonlo. See N YNH4H.
83%
108
July 28.
IstconsolgSa
1945
Ga Car 4 No 1st gu g 58.1929
Georgia Pacific. Se« So Ry".
Gila V G & Nor. Sec f o Pac Co.
Grand Rap 4 Ind. See Pa Co.
4 St J. See C B 4 Q
H
8d Hen mortgage 68 ... 1 9 1 J -J
4 8 Istg 58.1928 J -J
Dal Red
Dal 8o Sbore 4 At g 5s. 1937 J-J
East of Minn. SeeStPM4M.
S A.
2.
Price
Friday,
H4H of '82 1st 58.191
Ga 4 Ala Ry
6»
CI
Page
(5 pages)
Bid.
Beglitered
OlnS 4
PEIOES
.
BONDS.
K. Y. STOCK EXCHANGE
Wbek Ending Joly 28.
since
28.
Bid.
Oln
l-QTS
3
.
16
• OpUon*l
SECURITIES,
Gaa Seourltlna.
Syr'seGas— lit Ss '46.J4J
Western Gas (Milw)
<6c
Bid.
79
98)4
Ask.
81
09!
6s— See N Y St Bx list..
Teles, dk Telepta.
American DIM Tele— NY Stock Hzc
American Tel 4 Cab— NY Stock Bxc
4 South Amer.. .. 110 118
79
78
ahes 4 Poto Teleph— Stk
104
«•••
Bond 5s
186
ommerclal Cable
184
118
^ommer Union Tel (NY).
80
Bmplre 4 Bay 8tate Tel..
78
{And IntereBt. tPrioe per sh ani
Central
.Li
JcLY
29.
THE CHRONICLK-BOND
1899]
BONDS
\
Range or
July 28.
Laat Sale.
.
.
99^
108
IIOM
a7«
.
908 J-J
8d6i
1899 M-N
Oolonls g 58
1 934 J-D
B
Market St CRy Istg 68.1913 J -J
es.
Mu W
.
. .
.
UOM
Sale
97«
108
97H
Sale
Sale
102
13
109
109)^
64
2
91
97)i
97«
9S]4
96 1189<
116 1319^
100J6 102%
J-D
123«
J-D
M-S
M-8
L«xA.T&PFlstgug6s.'93 M-8 i28^ 127>4
Beglstered
M-8
i-0
M-S
J-D
UK
"87"'
12
Sale
118^124
184
181
J'ne'99
J-D
J-D
A-O
M-N
iH-S
J-J
.
Paolfloez Ist gold 6s. 1921
1st eons gold 6s
19S4
Ist and refund. 4s ...1949
1st 58 8t 4slotgu..'36
M &P
MS8M&A Istg 4Blntga.'26
J
I239i 137
136)i J'ly'99
J'iy"'99
124"
J'ne'99
20)4 J'ne'99
689<
ib'tjji
12X
12M
10
86M
97
71
106K
l»H
84«
Apr '99
Feb '97
14
Feb.'00
103)4
ii5«
09
A-O
J-J
J-J
J-J
prior lien g68.'45
Small
1945
Mob & Ohio new gold
160
181
187
188
Apr'99
146
181
187
J'ly'99
Jan.'99
Deo '98
U6K J'ly'99
General gold 4s
Mont«omDlv Istg
08
08
BtLACalrogug
Mohawk i Mai. Se« N T C & H
Monongahela RIt. Set B &0
Mont Gent. Se« St P M & M,
Montaok Bxt. Su Long Is.
Morgan's La A T. Sm 8 P Co.
Morris & Essex. SeeUelL&W
Sale
Sale
89
91
79
96
Sale
105^
93H
6?«<
88^
90
79
95
93H 89
69)4 335
9\H
66)4
5
88>6
91
5
6
79
Apr'OO
107« J'ly'99
118«
118)4
11J)4
9994
91U,
109
Hl«
82
86
75X
86
1st gold 68 Jasper Boh. 1923
•114H
Sm L <k N
101^107)4
Sale
Beglstered
Lake Shore
ool
g
Registered
*
106
UlM
106
106H
118«
106
4 Telep.— 6'e«
Tranklln
Oold 4 Stock
Bid.
Bonds
Y4N
Paoillo4 AOantlc
M4N
J'ly '90
123
183
188 J'ne'99
10394 J'ly'99
10894 J'ly'99
116 J'ly'99
114)4 J'ne'99
110
:iO)4
123
123
108
110)4 Sale
113
112
1121^ 113
112!^ 112
109
109
109
1C9
105
106
110
J'ly'99
114^
(574
Y 4 R B.
See
Long
'128
181
110)4
103
183
181)4
185)4
106H
108
on list
116
195
115
80
8^1062
114)4
ll^M
114^116)2
iia^
1C6
111
06
Oct'Ofl
J'ly'99
100
May'99
103
••••••
113M
108
Feb. '98
J'ne'08
Jan.'OS
Feb. '98
Jan.'98
10694 108
105)4 100^
107)4 ...
107)4 J'lv '99
10694 107)6 IC6)4 J'ly '99
10714
1149*
lllH
,
1931 J -J •112
,
128
133
Sale
103)4 8ale
.
Registered
General lien g 3s
Registered
1097 ^j-j •102)« 103
2047 y-Ft
6794 Sale
8047 Q-Ft
67
Wash Cent 1st g 48 ... 1948 -M
•115
Nor Pao Ter Co 1st g 6s.l933
-J
M-N
M-N
A-O
F-A
J -J
M-N
A-O
A-O
A-O
180)^
OC4T Is gug5s....l022
Solo V4N E Istgug4s.l089
N 4 W Uy latoong 4s. 1996
0*H
r<ct.'fl7
73
187)4 J'ly '99
184
Apr'99
101
184
178
126H Ang'98
laiaa
181«
li3^116
11794 J'ly'99
13 3)4 J'ly'99
1794
10
106
106)4
101)4 Nov'98
106)4
103
1906
1096
4 Mont. SMN.Y.Cent.
108)4
119)4 Apr'OO
lis J'ly'99
131)4 May'OO
132
10274
103
'4^ 180
I
112
119
IHI54 181)4
3
132
133
132
103)4
ins
70
6'')4
7«
10194 l06«
104)4
102
fl6X 70
65)4 «6«
36
113
66)4 J'ne'99
06
>19
95
115
May'99
U8J4
J'ly '90
107)4 108)4
J'ne'99
130
eu
115)4
132)4 135
102)4 138
185
NoT'98
117)4 Aug'98
101
Feb '97
100)4 Sale
94)4 Sale
01nd4W. Se«0 00 48tL.
hlo 4 MlsB. Set B40 SW.
Ohio BlTor RR 1st g 5s..l936 J-D
5b
1937 A-O
16m OmGleneralgold
4StL Istg 4b
1901
J
100^
100)4
94H
96h
06)4 101
3
Hfi>4
96
95)4
05)4
65
85
110
114
9594 148
J'ne'99
131)4 13394
io6)i
103
89
Jan.'08
"75" May'OO
4 Oal. Stt So Pao Co.
0reBy4NaT Istsf g 6s. 1909 J-J
Mar'OO
116
116
Ore RR4 Nar oon g 4s. .1946 J-D 10196 Sale
Ore Short Line Istg 6s. 1922 F-A 133
Utah 4 Nor 1st 7s
1008 J-J
Oold 5s
102(^ J-J
OraShL— Istoong 5s... 1946 J-J 113 118)4
Non-oum Ino A 58
1946 Sep.*
96
Non-ou Ino B 4 ool tr. 1 946 Out.*
74
Sale
103)4
10494
108)4
10496
Sale
111
109
J'ne'99
Feb.'90
J'ne'99
J'ne'98
111
118^ Apr'OO
Sale
101
113
112
J'ly'99
J'ne'99
103
1019<
102)^ J'lv '99
107«
113M
117)i
117)*
11314
113)4
OOF4
NY C
8«« C 4 N W
St P.
g5B. 1946
acof Missouri. Set
Mo Pao
J-D
104
1917 A-O 105
8f8ubsldyg6s
1910 M-N
PennCogu 1st g 4)4s... 1921 J -J 116)41.1694
103)4 106
Registered
1921 J-J
Otd3t480oltrustreg.l937 M-8
103)4 io'JJi
P C C 4 St L oon gu g 4)4s—
Series A
1940 A-O 117« 118«
110)4 113H
Series B guar
1942 A-O 117)4 ...
111)4 H«>4
103
Series
Cgaar
1942 M-N 113
...
60 99)4
anrteii n 4g snar
194.5 Vf-N •107
98 103
...
t Daa Jan.
Panama
tDueJau.
101)4
132)4
Bid.
UDneJone.
i
Y
Electric Companies.
Allegheny Co Light Co..
Brush lilectrlc Co
188
48
172
48
Br'dgprt (Ct) Bl Lt Co.25 t 47
30
Consol Electric Storage..
10
Eddy Electric Mfg Co.. 25 t 13)4 15
Edison El ni Co
N Y Stock Bxoh
Edison El 111 Co Brk— N Y Stock
in
Edison Ore MUllnir fV»..
NY—
.
1
'
100)4 105
3
132)^
Mar'99
May'97
131
103
113)4 J'ly'99
95
9594
73M
74
• • • •
9
255
128
121
138)4
181
108
85
116
06
7474
66)4
103
103
103
108
115-%
11694
114)4
ll8MMar'9w
113H
US
UoH
A
—
UHl.
Ask.
114)4118
114 110
118
J'ly'99
119)4 J'ne'99
NoT'98
Deo '98
113
107
S ELEGTRIG,
Klectrlo
Go
I'*
8a
Tli >nQ
HoustWb
Or.iced HieciitAf
•
dkc
Bid.
oanlea.
TO'-jntOCCau
1)4
40.
^
NOT'98
103
Due May. tDaeNor. a TbeM are option M
Electric Coiiipanles.
Bast End Electrlu Liiihi.
Bleotro-Pneumatic Trans
Fort Wayne Elec. Co.. 35
Ask.
98
90
Stock Bxoh
2
79
Istsf g 4)4s
(Given at foot op 7 ooksbcutive fxqb3).— TBL,
Teles- dc Teleph.
Southern & Allaiilio
West'n Union Teleg— N
112
103
112
S««
PaoCoastCo— Ist
Series
lis
10
Isl.
Norfolk 4 Western—
Gen g 6s
1931
123
New River Istg 6s. ...1932
88)4 sen
ImprTmt4ext g 6s... 1934
106 106)4
185
117
108
IISM Jan.'00
lOOH Sep.'07
noiK
Ask.
118
1C394 107)4
111
Apr'99
108)4 Deo'97
J-D
lBtreg4s.'03
Oiwego 4 Rome.
115
215 320
Bosto nllst.
185
113
75
183
128
123
•104
StP4NPgeng6s...1923 F-A
Registered otf s
1 923
Prior lieu r 4 g g 4s. 1097
90
J Telephone....
Ss 1930
US
.
RegUtered
118)4
Intematlon Ocean
Mexican Telegraph
Mexican Telephone— See
Vew Bng Telep 8m Boat
Northwestern Telegraph.
Apr'OO
Ang'98
.
Bosto nList
42
60
Hudson River Telephone 118
»
.V
109
115
106H 106^
1
these are latest bid ana aakadthlawaak.
Teles. Ai Trieph.
••••••
••••••
128)4 188
St 1st gu g 38 '89
1
lis
OUTSIDE SECURITIES
Hrle Teleg
•I
113
107
'
J-D •101
M-N *ioa^
1906 M.-N •102
1997 J-J Ill
1097 J-J
3><8.1998 F-A lOlH
1998 F-A
Mo price Friday;
J'ly '08
Ore
4b. ... 1905
Registered
110)4 117V
10994 iisfi
110
GenlstRR4LOsfg6s.'31 J -J 112
J'ly'99
J'ly'99
ISlJi J'ly'99
106Ji NOT'97
Registered ....1890-1905
OSHs
14
14
106)4
ISO*' J'ly''00
72 10894 13194 N Y 8 4 W. Set Brie.
22 114
N Y Tex 4 M. S«» 80 Pao Co.
117
124 Ol«100K North lUlnols. Se«Chl4NW.
North Ohio. Set L Brie 4 W.
98^ Northern Paolflo
98K 117 88
N'<0&NBprlorlleng6s.l915 A-01
Debt oerta ext g
103
128
Convert deb certs $1,000 .. A-O
190
Small certf8$100
•133
Honsatonlo
R
con
g5s.l93'7 M-N
96
N H 4 Derby con 5s. ..1918 M-N
71
NY4NBlst7s
1905 J -J 11794
01)4
1st es
114
1905 J -J
91
r*
Y 4 North. S«« N Y C 4 H.
92
W.
N
Y
O
Bef
4
Ist
g 4sl992 M-Sll
106)4
95
Regis •S, 000 only... 1992 M-Sll
N Y 4 Put. S«« N Y 4 H.
New&OlnBdge. 8e«PennOo
Beglstered
1903 J
Debenture 5B0f. 1884-1904 M
Beglstered.... 1884-1904 M
Beg deb 5s of ...1889-1904 M
Debenture g4s.. 1890-1905 J
97)< 100
10394 lOS
•••• •••ai
N Y 4 Ureenw Lake. See Brie
Y 4 liar. Se« N Y C 4 Hud.
Y Lack 4 W. S«« D L 4 W
N Y L B 4 W. Set Erie.
NawH&D. Se«NYNH4H
N J Juno RR. Se« N Y Cent.
H J Southern. Set Cent N J.
N T B & Man Boh. Set L I.
N Y Bay Bxten RR. Set L I.
M T Cent A H Br-lst 7b. 1003 J
J-D
J-D
N YOhlc 4StLlatg4s.l987 A-O
Reglsf-red
1937 A-O
4
Bat
150
185
187
Nor
-J •120
*114
lOSW
98
116
100
"
lit6sMoMMW&A1.1917
Low. High,
High.
11414
115
114
114%
108
NoT'OS
106
J'ne'98
Sale
1931
1931
1940
1940 J -J
Nor Ry Cal. Set Cent Pao.
Nor Wis. Sm C St P M 4 O.
-Sor 4 South Istg 5a.... 1941
J-J
A-O 103"
10194
103)4
100
May9B
104
J'ly'99
104 J'ne'99
103 May'97
M-N 110
M-N 104M
M-8
M-8 188
-M 105*
Mloh Cent^lat oon 7sl902
1st oon 5b
1902
6s
1909
SmaU
1001
1928
1917
Hash Flor i Shef.
14
Registered
1st 7s. '13 J
102
1 1
1900
1903
1903
1997
1007
NY4NE. Se«NYNH4H
lllJi J'ly'99
1038
5a. 1947
48.. 1931 J -J
1.
110X116)^ N
N
00
08
J-D 137M
127H 127«
Q-J»
181H J"ne'99
M-8 36 j^ Sale 86H »7?i
F-A 109
1089i
109M
es..'27
1st extension gold 6b. 1927
Atk
Lote.
05
J-D
J-D
Registered
J-D
Cln4SlstgLS4MS7s'01 A-O
KA4aR lstgoSB.1938 J-J
Mahon C'l RR Ist Ss. 1934 T-
NYNH4Hart
Mob&Blrm
2d 6s
con gold 5s
889<
-J
W
JtSteaT&Pb
ReglBtered
Con80l2d Vs
Registered
ReglBtered
•146>< 151
1017 M-S1 100 Sale
1017 M-St
1020 F-A
98H Sale
lUwUtered
1020 F-A
PaoBof Mo l8tezg4s.'38 F-A 109^
Sd extended itold Sb.1938 J-J U1J4
Verd V I&
istg 58.. '26 M-S
Iiaror&OVAIi l8tg58'26 TBtL&IMtlstextg4Hs.'47 F-A5 loeK ....
Sdextg 6s
1947 n-N 106
QenoonryAldgrtg5s'3l A-O 114 Sale
1st
25^
Registered
ffrastg Ss
Beglstered
in ooU gold 6s
NashChat&StL
77
4s
MStP&SSMoong48lntgii'38 J-J
Minn St Ry lBtoong58.1919 J -J
Minn Un. SeeStPii M M.
OenoonstampgtdgSs'Sl
MlssBlvBdge. iSe«Chic&Alt
Jan.
•
N Y 4 Put Ist oongu g 48.'93 A-O
NY 4 North Istg 58.. 1927 A-O
Lake Shore 4 Mloh South—
Det Mon 4 Tol 1st 7sl906 P-A
Lake Shore con 1 st7s 1 9
J-J
isfeji
68
Mo Kan & Tex— Istg 4s. 1990 J-D 9i%
Sd sold 4s
1990 F-AII
69^
lit exten gold 5s
88
1044 M-N
MEATof Tl8teng5s.'4a M-8 90
K O & Pac 1st g 4s. ... 1990 f-A 77
Bal & Wa 1st ga g 6s. 1940 M-N
BooneTBdisCogug 78. .'06 n-N
Tebo & Neosho Ist 7s. 1003
MoE&B latgag 5s. ..1042 J-D
A-O
Mo Pac— 1st oon g 6s... 1020 M-N USM
Sd7i
19UH M-N 115
J
J
mica&Blk Rlygug4B.'22 -J
Moh A Mai iBtgu g48.1991 M-8
Cart A Ad Istgu g 48.1981 J-D
W
Iowa ex 1st gold 7s. .1909
Boath West ez Ist g 7a. '10
F-A lOl-H
F-A
M-N 108)^
.M-N 108)^
F-A 104
F-A
J -J 1141^
J-J •114H
J-J 110
J-J
J-J
J-J
)
14
97
100
100
. .
Inoome gold 4s
135)4
Oold 3)4s
An.*
MUElRy^L30-yrg 58.1936 P-A
M L 8 & W. See Chio & N W
MU & Mad. See Cblo & N W
MU& North. Se«ChM&StP
MU A, St P. Sm Ch M & St P
Mln A St L gn. SeeBCR&S
MUm & 8t li—Ut g 78 1927 J-D
3)48..
R W&Ogoon l8textSs.'22 A-O*
Ist gu g 58. '16 A-O
R W&OT R l8tgug58.18 M-N
Osweft R2d gug5B..1915 F-AS
M-8*
J-D
J-D
1910
Mloh Cent. Sm N Y Cent,
Mid of N J. SetHY Sus *
124
123
77
.
qolp & ooll K 5s
17
Max Internalist 0011 a 4b.'77
Max Nat Ist gold ds
1927
aaino es ACp 8tmpd.l917
Sd Inoome gold 68 B..1917
Max North l8t gold 6s.. 1910
ginte
Latl Bale.
Nor 4 Mont
Bagl«t«red
1943
Ool* dtliAT 1 St ga g 5s. 1 993
Beglstered
1993
.1011 J-J
1st oon tnoome g 3s. ..1989 J'lyl
Id oon Income g 3s..,,193U
Week't
Range or
28.
1998
Registered
1998
Harlem Ist 7b
1900
Registered
1900
N J JunoRga 1st 4s .1086
Registered
1986
West Shore 1st 4b gu. 2361
Registered
2361
Beech Crk Ist gn g 4s. 1936
Registered
1936
Sdgugold 6s
1936
Registered
1936
Clearfield Bltnm Coal Corp
Istsf Intgug 488er A.'40
Small bonds aeries B. .'40
GtouT A Oswe 1 st gu g 5s.'42
113
110
108
Range
Frie*
(Con.)
Mloh Cent coU g
.
Bway&TthAvlstog Sa.l943
Registered
3
9';
Mar'98
N Y Cent
101
219
3.
Friday,
July 2s.
Bid.
"e 106)^ llO)i
97)4
Jan. '98
109
Week Ending J0lt
Low.High.
102!^ I0;?«j'ly'99
MoS'pt&BV. Se«PMoKJtT
MatlopoUtan Bl. See Man Ry
Mat 8t By gen o tr g Ss. .1997 F-A 123«
Max Cent oon gold 4s.
IIOH
^1
N.Y. STOCK EXOHANOE
Jan.1.
Page
(o pages)
BONDS.
tinee
99%
11»
1
Range
37
98)i
11894 J'ne'99 ""{ Ul
108
108K 108)4
108 Jan.'9w
108
09«
Sale
114)4
IiOln&Lezg 4^s....l931 M-N lis
&*JeffBgeCo 8QK4B.1945 M-8 979^
Ii K A & C.
S«« CI & L.
IiOaUByColstoon g58.1930 I-J 110
MahonCoal. Set LS A US.
auhattan Ry oon 4s 1090 A-0 109!^
Mstropol Bllst g
I"*
|l
Ask. LovB. High
Bid.
Bn & Nash (Con.)
Col tr 3-20 g4g ....1903-18 A-O
Peni& Atl lBt8ag68.1931 FOoUtrast gSs
1931 M-N
LAN&M&Mlstg 41^8.1945 M-8
NFlaftSlstKUgSs ..1937 FK«ntiiok7 Cent k 4s . 1987 J-J
Week't
Price
Friday,
2^
I.T.BTOCR EXOHANOE
Wbbs, Ekdino Jolt 28 4.?
prices
140
ll.t'.o.
100
18
.npCo.
Co
i
ref
Bondd
General Electric C<
N Y Stock Bxoh Woonsocbet ;R H Ki Co..
Do pref.- See Boston L 1st.
Hartford (Ct) EleoLtCo. 128
138
Kerry Companlee.
Hartf'd(Ct) Lt&PowCo25 t
9
Brooklyn Ferry-Stook ..
6
Mo Bdlson Electric
Bonds Ss
86
38
60
Do preferred
MetroDoUtan Ferry— 58..
67
Narragaa. (Prov)ElCo.50 x95
100
N J 4 N y Ferr»—Stock..
J4J
New Hav (Ct) Elec Lt Co 185
1st 58 1948
T>»to<i
1 4 nn info.'oaf
Rhode Inlonrt RIpi. Pi-n "•rv. 117
As
141
06*4
»
0714
100
104
34
36
05)4
108)4
llOX
JllH
-«
96
115
«h ar«
THE CHRONICLE -BOND
220
Priet
Friday,
July 28.
BONDS.
II.TJ9TOOK EXCHANGE
Wbek Ending July
^1
28.
Bange
Weefc't
Range or
since
Jan.
Lcut Sale.
1,
W
105?<
109><
141
140><
Apr'99
Apr'97
Mar'99
May'99
105)^
135
J'ne'99
135
1389< 141
140^ 140^
Apr '99
108
131
102
J-J
M-g
99
M-S 94«
3dg 5strreol8tp(1..1926 M-N
P*0 AQast. Sm C O C & St L
P«o & Pek Cn iBtg 68. .1921 Q-F 125
Sdg4i^8
Feb., 1921 M-N »100
Pine Creek reggnar 6b.. 1932 J-D •135
aeji
.
99
101
93>i 97
99M J'ne'99
94^ May'99
30
Deo '98
188
Apr'99
lOOH
J'ly'99
137
NOT'97
136
126
100
loovi
'108
107«
1922 J-J 130^
1928 A-OH •115
Pitts MoK & Yo— Istgu 68.'32 J-J •140
1934 J-J •125
8dgnar68
MoKee&B yi8tg6i.l918 J-J •123
1916 J-J * 90>i
PtttsP&Flst g5s
Pitts Sh&L B Istg 58.. 1940 A-O •lib
1948 J-J •110
1st oonsol gold 5s
99^ 100
Pitts & West Istg 48... 191'; J-J
991.6 100
J P M & Co certfs
PlttiT tAshlstoon 581927. M-N
88!,< Sale
.1997
gen
4b.
J -J
g
Reading Co
1997 J -J
Beglstered
Xensselaer & r ar. See D & U.
ftloh & Dan. See Sooth Ry.
93 Sale
aioOrWest l8tg4B....193M J-.I
89
Utah Cent Ist gu g 48.1917 A-0^
AloOrJuno Istgug 58.1939 J -l>
74
1940 J-J *72
BloGrSo l8tg3-48
Oot.'98
Pitts. 5ee
BR&
88
West N C
90
116
98
100
99^
J'ne'99
J'ly'99
J'ly'97
J'ne'99
99Vi
BtL A 8F RRb48....1996
8S\^ 193
88!^ J'ly '»k»
-J
J
58... 1947 k-O
Bt L So. See Illinois Cent.
ItLB W Istg 4b bdofa. 1989 M-N
98
88
104
49
99
J'ne'99
91
S'TH
May'99
74K
103H
72
J'ne'99
83
83
A A A P. Bee So Pao. Co.
PANPlataf g5a...l919
con g 68.1934
1934
A N B. See Nor A W
Seab A Roa Ist 5s
1926
Soloto Val
'ly'99
100
Bonds 58 or 1932. MAN
{
M-S
Sale
Sale
l07Ji Sale
M4
IDS
SOJi
104
n3M
Apr'9«
10894
9794
97«
lOf'Ji
9794
n8%Nov'98
105M
109^
106^ IfSJi
109^ I09H
l08MMar'9M
n0>6 J'ne'99
Sale
Sale
'108% 110
ibs"
i'io
110
86
77^ 86
39 108 H)8^
50 109M11S
112
138
106^ 106^
109M
30 106
7
90
101
10 1049^ 106H[
46 lOSi, 112>j
I06M 106)t
J'ly'99
107J«
llOM
106
110
117
104}<
118M
105%
118MAug'9';
11894 J'ne'99
105% J'ne'P9
1161^^ J'ly'99
119
llH
11994
11994
134^, May'99
I'i^H J'ne'99
989^
118
19
11994 Sale
1
120
136
•101
109 J'ne'99
10796 109
109
115i< J'ly'99
,n-N
IISH May'99
F-A
J-J
90
118
118
•113
115
114«
116
119
123
100
106
30 108«
no
20
i36
100
no
iii«
iie«
113H 113
»n
Feb.'99
94
120«
J'ly '99
11294 J'ne'99
ti29<
na«
104
109
n4^ii4«
114^ May'99
103
1
n99i
Mar'99
100
108
Oot.'9
3d gold
Bng
ino. 58,
Co
trust
104«
104H J'ne'99
115
116H 114
Deo. .30iOO
Moh
.
35X
'
Third
109^116%
45% 56
53% tayi
May'99
6394
ctfs
66
187
J'ly'99
127
I05>i J'ly'99
1
10
37
.
l26Hl299i
10
104
ICO}^
Ooi.'»7
31
96!^
J'ly '99
96
631,4
66i<f 1219
83
98
963
84?,
409,
l06HMar'9«
108
120 Feb'9C'
ll?!^ J'ly'99
130
113
99^
99><;
13.i
122
143
Utah
89
102
Istg 58.. 1939 M-N
Wab2dRRCo
gold 5b
1939 F-A
iieji
J'ly '99
'99
117
105%
106
132H
137^
Jan.'99
Jan.'9h
J'ne'99
115
Apr'97
66M
lObH
101« 108^
104
Debenture aerlea A.. .1939
1939
SenesB
1st g 5s Det A Ch Bxt. .1941
StOhas Bridge l8tg88.1908
104
1948 A-O
Income 5a. .. .April, 194S Nov.
Car.
See
South
Ry.
No
West
Western Paa See Cent Pac.
Chlo St 4 0-yr 1 St our 58 28 M-N
1936 M-N
40-year con g 58
Gen g3-4s
W
104
lOOH
102% 109"
10494 108M
ao'f
W
P Istg 68.1911 J-J
W VaCentA
A L B 1st 5a.l936
1101^
87
108H
n8HH4H
70
88
'
113
94
73
33
11
35
10
75
871^ 601
May'99
28h
J'ly '89
99
Deo '97
Its
Jan.'99
110
108
75
mana
I08it 118
114H J'ly'99
70M
70M
71
83
U7M
105M
109H 118M
J'ly'99
no
109'
Wll
A Sioux
F. See St
A-O
J -J
F-A
109
96
107H
96
54
1494
70%
34M
Apr'99
113
24 104
96
118
58
78
no
98M
93MMar'98
98
PMAM
113^ Winona A St P. SeeCANW
WlBCentColsttrg3s ..1937 J-J
Bngraved trust oertifloates.
193'; A-6t
Inoome 3a.
130
117
108
75
Sale
^9
109H 109
'
lllH
115
117H nevi
Sale
West Shore. See N Y Cent.
Va A Pitts. See B A O.
W
Apr'99
Utf
.
1171^ J'ne'99
180
117
102^
J-J
J-J
J-J
A-O
Wheeling
g
Wheel Dlv 1st gold 38.1938
134M 137H
Bxten A Imp gold 5b..1930
113« 117H Wilkes A East. See N Y S A
J'ly'99
89
83
130
South Ry.
Warren RR. See Del L A W
133H Wash OA W. See Southern
West NYAPa—l8tg6a. 1937 J -J
116
112MU9H
17
106*^Mar'98
104
97
121
124H
122 125k
1381^ 1461^
13794 13794
137H Feb
16
5
80
78
92
99
Central. See Bio G W
A North. See Ore 8 L.
105H Utlca A Black R. Se«NyCent
Ver Val Ind A W. See Mo P.
U2^
99)^ 103
J'ne'»9
J'ly'9&
95
107}<
136^ Dtah
132
107
J'ne'99
961^
•
70
93
106
100^
J -J
A-O 138
A-O
J-J
GAS A BLBCTBIC LIGHT BON
G L Co Ist g 68.1947 J -D
Bos U Gas tr otfs s f g Ss '39 J-J
10 7H Bklyn U Gas 1st cong5s..'45 M-N
1C7H 153
95
ChGLACCo. SeePGACCo
Columbus G.ts Istg 5s.. 1933 J-J
Con Gas Co. SeePGACCo.
Oot.'97
104>< Oot.'97
113
Mar'99
118
104MFeb.'98
88
34
Nov'
76«
769« 178
J'ne'99
Itiii Sale
6M
3
lOM
DS.
9196 Oot.'98
J'ly'99
I
1995
1940
at oon g 58
nSU 114
no 114
niii 113H J'ne'99
110
and asked this week,
P'eb'9«l
t
Due June,
Due
July.
ni^
J-J 121
A-O niH
101
iiiH
Bid.
Amalgam'd Copi)pr(w.
1.)
Am Agrlcultur Chemica'.
979i
20
26
79
Amer Air Pow of N Y.lOO
78
68
A.meric'nAxeATool.100
Amer Bank Note Co... 50
20
49
30
31
SI
82«
Preferred
t
Ainerlcan Beet Sugar....
Preferred
Am Car A
Foundry— See StkEi
Amer. Caramel— Common
54
98
100
Preferred
Amer Press Assoo'n.. 100
American Screw
250
t
';3
52
88
list
60
100
107
300
30
96)4
184
....
111
108«
9S
110
101
in
ill
118H
120^ 124
May'99
.
Ist
Ii
1939 J -J
con g 4b
Due March.
1
Due Jan.
§
96
Bonds due Nov.
Bid.
Ask.
9796
98H
Apr'99
1115< J'ly'99
124 J'ne'99
<(
These are option
(Givbit at foot of 7 consbcutivb pagbs).— J^^iJiJF
Aak.
100
t
98« 98«
A-O
Kings Co El LAPK5s.'b7 A-O
Purchase mon 6s. Ifl97 A-O
Registered
116M130
118
. .
91
now
111
118
186H Detroit City Gas g 38. .1923 J- J
Det Gas Co con lstg58..1918 F-A
El Bllll Istconv g 58. .1910 M-8
Brookryn Istg 58
58^ 66H
MAN
108«
.
112
114
Ist 5s
95
Con. 58
9614
30
N Y A 8 B Trans A Ferry 26
91
Bonds 58 of 1906.
« 87
8t8
Ferry
87
90
23d
10th A
latmort 5s 1919... JAD J105 106
43
43
Onion Ferry— Stock.
103
JIOI
lat 5b 1920
i Buyer pays accrued intere at.
t Price per share.
MAN
Mar'99
113
182
.
Bid.
Boboken— Stock
189
106^ May'99
J-D
.
96
\l8J<
iia
ao
Atlanta
latest bid
Ferry— Stock
87^
97
1039i
1305^
A-O
F-A
A-O
3000
lstgold58
8894
104>4
Irglnia Mid. See
OUTSIDE SECURITIES
KYA ER
'ly
J-I
Car Cent Ist con g 48. 1949 J -J
Sod Bay A8o Ist g Ss. ..1924 J-J
So Car & Ga. See .Southern.
Southern Pacldo Co
Gal Har ASA Istg 68.1910 F-A
2dg78
1905 J-I)
No price Friday;
Sale
Sale
112
Terre Haute Blec Ry g 6s 1 Q-Jt
Tex A N O. Set So Pao Co.
1021^ TexAP Ry B div Istg 6s.l905 M-8
74H
Nor Pac
BtPA8'zClty.Se«08tPMAO
B Fe Pres A Ph Ist g 58.1942
Ist
114
114
8o«
85ii
•100
.
1938
'99
114
101
105
J-J
F-A 120
115
A-O
100
J-D
131
AM
....
A-O
122
M-N
193:- J -J
14.
lat oonsol gold 6a
193; J-J
Registered
Reduced to gold 4^b 193c J-J •116 117M
1938 J-J
Registered
liont Bit Ist gold 4a. 193' J-D n6i% ib'e"
Registered
193 J-D
Minn Union lat g 6a... 192'^ J-J
MontC Istgn g 6a. ...193 J-J 134«
Registered
193 J-J
1937 J-J
lat guar gold 5a
122
1937 J-J
Registered
BMl8tdlvl8tg5a...l908 A-O *111«
Beglstered
1908 A-O
Nor dlv Istg 4b
1940 A-O
Registered
1940 A-O
UrillA 8F iBtg 6a. ...1938 J-D
W
N.
111
89
188
A V 1 St gold 58 .... 1 937 J-J 137Ji
1935 J -J 104«
TolAOC Istg 58
Wesfndlv Ist g 5a... .1935 A-O
108 Deo'9»
1935 J-D
General gold 58
79M 84
Kan A M Ist gu g 48. ..1990 A-O
88
86
86
Tol Peo A W latgold 48.1917 J-J
81
80 J'ly'99
TStLAKO Istf 68tT.1916 J-D 11 3!^ Sale 115% 117
Tor Ham & Buffi st g 4s 1946 J-Dt
9WH 101
99
99
Ulstar A Del 1st og 3s. 1928 J-U 104 Sale 104
104
n El (Chio) Ist g58..1945 A-O
112?i 115
112^114^ Dn Pac— RR A g g 48.1947 J-J 1059^ Sale 1049^ 1061^
1947 J-J
Reglitered
112^ 115
106 J'ly '90
Unl N J RR AC Co. See Pa RR
1'44H 124!4
Guaranteed gold 5s... 1937
OtPaul A Duluth Ist 58.1931
191';
Sd 5b
If68
Ist CO g 48
2d6s....l90v
BtPaulM
19li
Dakota ext gold 68
Bav F A
IstgSs
LA
s&H
107"
'
109^ 109^
8dg 48ino bondotf8..198» J -J! 65^^
t Paul City Cab. eg 58.1937 J-J •lu8^
S
8
Se«
.
J-D
Bonthw Dlv Istg
.
SAN Ala.
con g 6s.l914
Spok FallsANor Istg 6s.l939
Statlsl Ry Istgu g 4^8.1943
Sunb A Lew— Sfe Penn RR.
98 100
98« 100!^ Syra Ring ANY. See DLAW.
8tL Istg 4^s.'39
rer Aof
1st oongold 58.1894-1944
85« 9\H
Bge
Ter gu g 5s. 1930
M
St
L
89H
87^
Sale
L K A N. See Wabash.
L M Br. See T RR A of Stl
StL&8F3dB6BCl A ..1906 M-N 114
1906 M-N •114
Idgoldes ClassB
1906 M-N 114
Id gold 6b Class
lit g 6s Pierce C A 0..1919 F-A
Q«nera1gold 68
1931 J-J
1931 J-J 109
General gold 58
gold
6s
1987 A-O 103
trust
lit
rt8AVBBdglstg6a.l910 A-O
See
90
116
90
113
Bt
Bt
Registered
Pao.
Low.mgJta
62 lOOH 105
'
KftusasMld Ist g 48... 1937
1.
J'ly'99
Deo '9o
106^ Nov'97
103%
1
WO AW Ist
oygu 48.1924
Ist
P.
SaltLakeC Istg 8l 68. '03-13
tJo&G list g 2-3-48.. 1947
BtL A&T H. See Illinois Cent.
Bt L & CaU Se8 Mob & Ohio.
Bt L & Iron Mount. See M P
P A Nor
105
80
118
81
A-O
M-N
Gtd
Borne Wat. & Og See NY Cent.
•t
138
M N
A AN W l8tgug68.1941 J-J
B P Coast lat gu g 4s. .1937 J-J
SPaoof NMex Istg 68. '11 J QilaVG&N Istgug 58 1924 M-N
Soutb Ry— Ist oon g 6a. .1994 J-J
1994
Registered
Mem Dlv Istg 4-4^-581996 J-J
J-J
Registered
1996 J-J
B Ten reor lien g 4-68.1938 M-S
Registered
1938 M-S
AlaCen R Istg 68. ...1918 J-J
Atl A Ch Air Line lno.1900 A-O
Col A Greeny lat 6-68.1916 J -J
BT Va AGal8t7B....1900 J-J
Divisional g 6b
1930 J-J
1956 M-N
Oon 1st g58
GaPaoRy let g 6s. ...1922 J -J
Enox A Ohio Ist g 68 1926 J-J
Rich A Dan oon g 68 .1913 J -J
UquipsmKrundg 98.1909 M-S
Deb 58 stamped
1937 A-O
91 P M-N
So Car A Oa l8t g 5s.
Virginia Mid gen 5a. ..1936 M-N
stamped
1936
.
.
.
Booh &
NOT'98
121
Pitts
.
Jan.
130HFeb.'9^
.
A-O
PlttiFtW&Ch. Se«PennCo.
Juno Istg 6s
Pltti& L Brie— 2dg5s
Bange
Hnet
or
Ask. Low. High.
8814
J -J
J-Jli
Cai Istg 6b. '05-12
Ist con guar g 58..1937
1905-3';
Stamped
115Kfi'el>.'99
Brans Dlv lBtg68trreo.'20
B & O.
Last Sale.
LXIX.
Week's
1
UNJRR&CanKen4g.l944
D R RR& Bge iBtgu 4b g.'36 F-A
San & Lewis Istg 48.. 1936 J-J
Pansaoola & At. Su L & Nash
PCO Deo&B lstg6strreo.'20 J -J
Se«
1905
8Pof
i08"May'97
1919
1919
Beglstered
1943 !n-N
Cong 48
935 I>I-N
4^s.l
CI & Mar 1st gn g
& ConnellsT.
ANO l8t78
8ablnedlTl8tg6s..l912
1943
Con g5s
SoPof Argal8tg68.'09-10
113M 113M
Nov'97
Con ourrenoy 68 reg...l905 Q-M1
Pitts
Ore
Tex
1131^ J'ne'99
»1-N
PlttsClniStL. SwPennCo.
P C A 8t L. See Penn Co.
PlttiClev&Toll8tg68..1922
1918
N Y T A Mexgu Istg 48. '12
A Cal Ist gtd g 58. 1927
8 A A A Pass Ist gu g 48. '43
108
131
108
131
J'ly'99
A-O
J -J
A-O
A-O
J-J
J-J
F-A
M-X
1921
Gen g 4b int gtd
Morgan'sLaATlstg68.'20
135
lat 78
arB&IezlBtgng4Wis.l94l J-J
Uegh yalgengng4s.l942 M-S
N&CBdgegengag4H8-'<& J-J
38
Bange
GHASAMAPlBtgSs'Sl M-N 1039< Sale 108% 104
HousATClstW AN78.'08 J-J
l8tg58int gtd
1937 J-J noj< 111% 110% J'ly'99
1912 A-O 112
Con g 6b int gtd
111
May'99
107%
lia^ Apr'97
1932 A-O
Osv & Pitts con s f 78.1900 M-N
Qen gn g i^sser's A.1942 J -J 121
1942 A-O •131
8«rlesa
rie&Plttgug3^i8B.1940 J-J •lOl
1940 J-J 101
SenesC
Cong
Priee
Friday,
Bid.
Registered
1905
[Vol.
So Pacific Co. (Con.)
1912 J-J
8d7i
1912 A-0*
Sd7i
C BtL & P Istoon g 5S.1932 A-O *118
Oonsterltngg 6a
4.
July 28.
8^'
BONDS.
STOCK EXCHANGE
Week Ending July 28.
Ask. Low. High. No. Low. High
Pennsyl. Co. (Co .)
PltU Oln & St li 1st 7S.1900 F-A
1900 FBeglstered
PltU Ft
4 O lit 78.1912 J-J
lit real es g 4s.l938
Page
(5 pages)
N.Y.
-'^a:
Bid.
Pcnn RH
PKICES
Am
Soda Koun— Com. 100
5
100
100
47
Ist preferred
3d preferred
9
imer Smelt A Refl'g— See Stk B
imer Steel Hoop— AeSio ckEi.
50
American Surety
A.m Typefo'rs- Stock.lOO
i^mer Sewing Machine. .5
215
49
t
11
xllst.
List.
825
51
3
\mer 8trawboard....l00 81H
Bonds 68
FAA lOiii
Amer. Woolen subs
98H
&.mer Wringer com... 100
Pref
Ask.
10
50
105
117
82«
di
sales.
MISCELL'S.
MlBcellnneoiiw. Par. Bid
4.mer Graphophoue... .10 t 13M
Preferred
10 t 13M
\nder80n (John) Tob.lOO
10
Automatic Vending... 10 t 2k
A 8m CarCommon
14
13
4
Barney
Preferred
100
100
6s 1942
JAJ
Bergn
A Bng Br— See
Phi
24
90
106J4
109^
s
Durh Tob.2£
t
Preferred
50
t
Blackwell
Sllss
37
85
l.llst.
1st 6s
9«
107
Aik
13«
Company — Com..5('
1
ie« 30
•«
63
i9H
(
6
5
.
.
(ruLY 32, 1899
J
9
.
THE CHRONICLE -BOND
]
BONDS.
H.-J. STOCK EXCHANGE
Wbbk Ending July 28.
qGa8LNTl8tcong5»..'33
a* Fuel. SeePQ &C Co.
a«n Baeo Co deb g5g...l9a2
arRapGLOo Istg 5s.. 1915
» O Wo Gas Co Ist 5«. 1922
KIngsCo El L &P. See Edison.
q
i?
Price
Friday,
Week's
Range
Range or
July 28.
Last Sale.
sitice
Jan. 1.
1904
1943
1947
1947
ad gtd g 6s
lit oonsol g 6s
aefundlngg5B
Registered
Oh Q-L & Cke 1st gu g 58'37
OonGCoofChl8tgug5s'36
4 F Ch l8tgug6s.*05
qG
Mn Fuel Gas
1st gu g 5. 1 947
TrentonGA El Istg 5s.l949.
Co col tr g 5s.. .'33
If Mtn
Gm
116
43 109
118
118
119
J-D
A-0
M-S
M-S
JJ-D
J-J
M-N
m-s
120^
loeji 111
109^ Apr'99
107^ Feb '99
126^ 129^
120
106
109Ji 109M
107J4 107it
16
183
Dec'9»
110
101
129H
109M 118
107« lUX
106H 107Ji
105
107H
Ma7'99
111« Apr'99
105^ Ma7'99
107H Apr'99
112
M-N
1069^ Sale
1069<
93
89Ji
92
90
9
11
106SI
104^ 107
105 108M
J'ly'99
35M 94H
84« »3H
89Ji
"ii'^i
109^ Feb '97
SeeNYCAH
F-A 102H
OolCAI DeyCogug58..1909 J-J
Coupon off
Ool Fuel Co gen gold 6s. 1919 M-N
38H
Col F&ICogensf g58.1943 F-A
con g 68... 1900
1st
Com
Cable Co 1st g
Begt8t«red
4*..
.2397
8397
DeBardel C&I. SeeTC&l.
See RR bonds
el & H Can.
U
U
3
Range
Week's
Range or
since
Last Sale.
JJM-
101
Jan.
1.
Low Hiik
1875-1900
Registered
Debenture 78.. 1884-1900
1884-1 900
Registered
1938
Col trust cur Ss
.
68. ..1911
.'04
.
.
104
100
105
9\\i
104
A-O
DetMAMld
rleT4Tcoltrgsf5s...l926 J-J
Or RlT Coal & C Ist g 6s. 1919 A-O
Hack Wat Reor Ist g Ss. 1926 J-J
Hend B Co 1st s f g 6s.. .1931 M-8
1910 M-N
HobokenL & Ig Ss
1910 J-J
Steel Co deb 5s
InNon-conv
deben 58.. .1913 A-O
Iron Steamboat Co 68... 1901 J-J
Int'l Paper Co 1st con g 6s.' IS F-A
/•ffAClearC4I Ist g58 1926 J-D
1926 J-D
SdgSs
Knlck Ice (CMc) Istg 58.1928 A-O
MadSqGard Ist g £s...l919 M-N
Man Bob H & L gen g 48. 94 M-N
Istsf g 58.1918 M-N
MetT*T
191S M-N
aegistered
Mloh Pen Car Co 1st g 5s. '42 M-8
Mut Vn Tel Co. See Wn Un
Nat8tarchMfgCol8tg6s'20 M-N
wpt News S&D D 58.1990 J-J5
N Y&N J Tel gen «58oy.'20 M-N
19%
J'ly'99
90H
105
105
86
91
13
91
101
Sale
Aug'97
99
70
Jan.'99
112H 118
107
80
'.WW. "is," 98
J'ne'99
111
17H 23%
93
80
110 Jan.'99
95J^Jan.'97
18
110
99
110
99
Apr '97
112
May'97
May'97
91
Small
96
J'ly'99
Virginia fund debt 2-38.1991
Registered
,
6i deferred certfa
101
J'ly'99
103M
103
'*
108
103
1C8
98
8
J'ne'99
J'ne'99
Mar'98
103H May'99
115
116
119^
103^
107>4
114
114
110
108>t
109M
1121^ 119
110
J'ne'99
112
J -J
110
Class B 58
.1906 J-J
Class C 4s
1906 J-J
Currency funding 48.. .1920 J -J
Distof Columbia— 3-658.1934 F-A
Louisiana— New con 48.. 1914 J-J
Small
Missouri— Funding. ..1894-95 J-J
Nortn Car— Con8oI4g... 1910 J-J
Small
J-J
6s
1919 A-O
So Carolina— 4^8 20-40.1933 J-J
1
ib{% iioU
101
nitf
13
108
117
U. S. GOV. SECURITIES. (For daily record
8 88 registered. .. .Optional «3i-M 1009< ..
8 38 registered
1918
108K 108li
10» Sale
U838 coupon
1918
1907 Q-J1 118^^1!',.%
U 8 48 registered
U S 48 coupon
1907 Q-Jt 113 114
U S 4s registered
1985 Q-F 129 129%
U 8 48 coupon
1935 Q- F 130
13(H
1904 Q-F 111?^ 111%
U 3 58 registered
U S 58 coupon
1904 Q-F 112Jili3%
.
84^ 90M
22^ 35
I
1
30
105
see
U
U
113H Tenn—New settlem't 38
88
23
10'?^
seventh
r>n oe
lOlH J'ly'99
108H J'ly'99
1("8%
109^
'12^
112>4
113^
113V^
recedino.')
V
99
101)^
106^ lC99i
106H 109M
91
in
114
iia?gii4><
188 130K
180^ "27 128 131
10
8
13'!^ J'ly'99
130^
112?^ J'ly'99
in«ii3«
in^ii8«
1135i J'ne'99
110
1129(S
111
Small
Feb.'98
111
109
103
119
STATE SECURITIES.
Alabama—Class A 4 to 5.1906 J-J
109% Nov'98
J
J
grSi^sS A.191)
100
J'ne'99
'97
iosii J'ly"'99
Sale
108
M-N
M-N
M-N
M-N
M-N
J -J
M-N
J-J
3 Leath Co s ( deb g88.'13
West Union deb 78. .1875-00
Feb
85^
33^
Sale
Hiii
De BarC&ICogug 68. '10 F-A
8 EnvelCo 1st afges 1918 J-Jt
MutUnTelsf'd
106K
1064
•106
& StYd col g 58.1915
I
:i2i
Ask Low. High.
Sid.
8p Val Wat Works 1st 6s. '06
f 6
Stan Rope 4 T 1st g 68. 1946 F-A
1946
32
Income g 5s
Sun Ck Coal 1st g sf 68..1912 J-D
TennCoalTDlv l8tg68.1917 A-Of
Blrm Dlv Ist con 68... 1917 J -J 108
Cah C M Co Ist gu g 6s..'82 J-D '103
Mar'98
Non-cum. Incomes 58.1907
OolCA
St L Ter Cnpples Station &
PropCo Istg 41^8 5-20 yr'17
8 Yuba Wat Co con g 68. .'23
WhLE4PCCo lstg58.'19
CahCoalMln. SeeTCI&R.
Olearf Bit Coal.
Week Ending July 28.
Roch& Pit C4 1 pur m 5 s 946 M-N
Northwestern Tel 78.
Col tr g 48.1948 M-S
Adams Kx—
m Cot Oil deb g 88... 1900 Qn-F
Am Dk Jt Imp 58. SeeCenNJ M-S
68.1915
Am Spirits Mfg Istg
& 8 Car Co Ist g 68. 1942 J-J
Bar
k'nW&WH Istg 58.1945 F-A
5.
Price
Friday,
July 28.
BONDS.
.
109%
109% 109J<
jaSCKLLANEOUS BON DS
hlo Jo
PAaE
(5 pages)
.
....
. ...
i
Lao Gss-L Co of StLlstg 58' 1 Q-Ft
1919 Q-Ft
BmaU bonds
Mut Fuel Gas Co Su PeopGas
Peo Gas & C Istgu g 6s. 1904 M-N
.
prices
.
N. Y. STOCK EXCHANGE
Low Bigh
High. No.
Ask. Low.
Bid.
M-8
J-D
F-A
A-O
3
. ...
,
110
98
98
119
106
100
101
100
i37«
May'99
113
Aug'98
105
108
104
Sep.'98
118
110
Nov'98
Apr'99
Nov'98
lOSJi 110
109Ji Feb.'9V'
109H 109^
108
108
Apr'9rf
108
iss"
Feb.'M'
97
J'Iy'99
96!^
95
Feb'9C
95
^0^^
J-J
J-J
J-J
J-J
97%
95
90
82H
99
95
87
6
J'ly'99
6
9
63
63
J'ly'99
68
63
71
64
»j6^ J'ly'99
88>^
^^
1
NY* OntLandl8ig68.1910
See West. Un.
NoWestnTeleg.
WatCo g 6s.. 1889-19
p focter & Gamb Ist g 68 .'40
peorla
.
UNLISTED BONDS.
103
103
100
F-A '96
M-N
J-J iia"'
101^
Feb '99'
Bid.
100
Preferred
Chateaugay 0re4 Ir 68 1
Ches 4 O Grain El— Inc.
'
80
91
1
16
57K 60
30
10
65
4s
Ask
Ohesebrough Mfg
35
15
75
345
Co. 100 340
Claflln (HB)-l8tpref.l00
100 lOU
ad preferred
Common— Sfe St. Ex. list
75
Clark Mile End Thr'd.lOO
7«ii
48
55
Consolld Car Heating. 100
15
8
Oonsol Firew'ks-Com.lOO
6U
Preferred
100
65
Con Kan C Smelt 4 Ref .25 t 27«
H)
Consol Rolling Stock. 100
font. Tobac. Co— See Stoc t Ex. list.
bl
85
Cramps' Hh 4 En Bldg. 1 00
Diamond Match f!o. 100 1S9 140
21
22
Distill. Co. ot America.
Pref
56^ £8
17
10
Hlectno Boat
48
Preferred
102
93
Electric Vehicle
115
120
Preferred
Eppens 8m 4 Wiem. .100
80
Eastman Kodak Co... 100 105
KriO 4 W.stern Trans. 50 t 37^ 88>
Fidelity 4 Casualty.. .100 250
310
Fidelity A Dep (Bait).. 50 t207
General Carrlaee Co
34^ 37
German Am Real Est. 100
3i
Goodyear Shoe Machine. x49H 60
Gorham Mfg Co-Com.lOO
100
Preferred
100 116 120
Great Falls Ice
180
100 170
Havana Commercial
86J4 27
Preferred
68
67
Heok-Jones-J Mill-Pf.lOO
64
56
iBt 68 1922
M4S 96
.
Her'g-Hall-Mar(asst p'd).
Preferred (asst p'd) 100
Hoboken Liud & Imp't
8
15
110
80
105
58
lUinci) Tram
iateruati07iai Elevat.lOO
International iS'avig..lOO
Internal. Paper— See St'k
Bonds
Power
90
t03
95
105
list.
••••••
Intemat'l Pump— Com ..
23
Preferred
66
Intemat Silver- See Stk. Ezch.
Do
Do
do
65
pref.
do bODds. 1101
Iron Steamboat.
5
100
8« 1901
60
j&j
John B Stetson—Com.lOO
75
Preferred
100 115
Jonmeay* Burnham.lOO
Pr«ferred
6
Ezch
111
68....
Intereatlonal
8H
118H
80
34
67)4
list.
68
lOlH
en
70
5
lOO
ase
25
13
IS
Preferred
Knlckerb'r lce(Chic)-Se«
Lawyers' ftnretv
100
53
67
StEz
List.
Keotj
I)i»tllr8
4War
108
108
Atch Col 4 Pac 6s tr ctf b ....
Atch J Co 4 West 6s tr ctfs.
103
W
B 4 O So
dlv 31.6s (w. 1.)..
Cen.Pac.M.31.68 (when ies'd).
Ist mtg (when issued)
104
115*
M
USH
t
IISMISO
1
Dsa July t Due May.
(Given at foot of
Miscellaneous. Par.
Bid
100 145
100
85
100
Lorillard (P)— Pref.. .100 il5«
Madison Square GardenStock
100
8d 68 1919
M4N 25
Maine S S
50 t 20
Merch 4 Miners' S S.. .50 t 60
Mich-P Car Ist 5s'48M4S 106M
Minneapolis Brew 1st 78. 105
Mosler Safe Co
100
Mouongahela Water... 85 t 414
Nat Biscuit— See Stock Ex List.
45
National Casket Co ... 1 00
Nat'l Gramophone.... 100
86
National Saw— Pref. .100
National Salt
40
Preferred
78
National Surety
100 150
National Wall Paper. 100
70
N. B. Elec. Vfh.Trans.
8^
N Y Loan 4 Imp
60
100
N Y Biscuit 6s 1911. M4S US
New Jer Zinc 4 Iron.. 100 134
N Y Air Brake— Se< N Y S tockE
3»
N. Y. El Veh. Transp.lOO
Nicholson File Co
50 t 25
Nicaragua Construct. 100
Otis Elevator Com...,
35
Preferred
92J4
Park Steel
109
Peck, Stow & Wlloox. .25 t 83
Pegamoid, pref
38
100
Pennsylvania Coal
50 860
Penn. Water—Com.,.. 50 t 5
Phil 4 Wil Steamboat. 50 t 66
Pneumatic Gun Car'ge. 1
30
Pratt 4 Whitn—Com..l00
44
Preferred
40
100
Pressed Steel Car— See St ockBx
Pref erred— See Stock B xch. 11
Procter 4 Gamble,,., 100 875
Preferred
100 190
Republic Iron 4 Steel.
18
Preferred
63
R-LPerklns Horse Sh.lOO
85
Preferred
71
100
Roy Bak Pow pf
984
Lawyers' Title Ins.
Liberty Silk Mills
Preferred
, , .
.
—
f
. ,
Rubber Goods Mfg
7
Ask
ino^ Sale
989^ Sale
88
85
86',* 379
861^ 8ale
86
84 Sale
S4% 137 S3H 87
HSU
94^ Sale V4^
»4H 70 9di^ 9^H
Bonds due January. 1 Dne August. aThese are option salof
Dae April.
|
coksecutivb FAQiia).— BANKS
Miscellaneous. Par.
Susq Coal bs 1911
Tenneaaee Copper
155
90
135
J&J
Term Wareh— Stock.. 100
1174
4 Pacific Coal. 100
1st 68 1908
Title Guar 4 Trust ..100
• • • • • i
107«
Trenton Pott— Com.. 100
Preferred
100
Trow Directory-New. 100
Union Steel 4 Chain
Preferred
105
Preferred
100
Singer Mfg Co
100 510
Standard Oil
100 463
Stan.Dlst. 4 Dis.— See Sto okEz.
Stand Und'rK'dCable.lOO 315
SlossI&SlstBs 1917.F4A 105
Southern Cotton OH.. .50 t 53
Stat Isl R T Ist 68'13A40 107
2d 58 1926
96
J4J
Stillw-Bierce 4 Sm-V.lOO
96
8wlft4 Co
100 104
ilOV*
194
7
Preferred
.NO
t
39
61
23
115
117
38
90
90
tf'34
Union TypewT—Com.lOO
70
100
8d preferred
100
U 8 Glass— Common.. 100
Preferred
100
100
U8 Projectile Co
U.S. Pneum.UorseColi-.l t
4
Waguer Palace Car. ..100 179
Westingh Air Brake. .50 t815
WisoonCentral ^a—Sn St OCkBz
Ist preferred
405
7
11
45
55
27
60
65
88
88
67
Bid.
13
65
395
Par.
gnal.t^u t
24
117
1£0
33
95
IOC
183
317
.
list.
.....
Banks.
88
z?>
Ask.
Bid.
Qu
Broker''
otati ons.
N. y. ciTi.
America* .... 435
Am Ezch.... tl87 1874
Astor
400
Bowery*
880 300
48
73
80
lOM
Broadway... t345
Butch's4Dr.. 85
Central
180
118
130
xch.
8-2^
Chase
Citizens'
400
315
4100
143
City
Colonial*
840"
Chatham
...
Chemical
10
354
94
113
Commerce... 267%
Continental
.
» • •
2C50
t-270
704
35
8
50
St.
t
Seaboard
Second
••••» Seventh
193% Shoe 4 Le'th
•
825
,
80
99
German Am* 115
German Ez*. 340
1500
Garfield
130
366
1054
1094
Side*..
Bedford*...
Mercantile
98
West
Hanover
730
Hide 4 L'ath 114
Mech A Tra*
*
i
t
..
ti94
280
550
160
103
125
12th Ward*.. 125
23d Ward*... 100
335
Union.
CulonSq*.... 210
YorkviUe*..
Irving
155
Leather Mfr. 200
Liberty
200
Lincoln
750
Manhattan* 245
Market 4 Ful 820
Mechanics'.. 200
North
t
.....
.
300
Sprague
26th Ward'.. 140
120
Union*
Wallabout*.. lOo
Trust Cos.
N. Y. CITY.
Brooklyn* ...
8th Ward*.
5th Ave*... 104
330
First
Ger Amer*.. 90
Hamilton*... 105
Kings Co*.... 100
Manufact'rs. 850
Mechanics*.. 313
Mech 4 Tra*. 345
Banks marked with a asterisk
(*)
L.
Atlantic Tr.
Central Tr' St.
City Trust...
Colonial
Continental
i
.
^
Farm Ln 4Tr
Fifth Ave Tr
Guaranty Tr
iLfl.BkgAT/
KniCK'ru cur
Manhattan
.
Mercantile
Metropolitan
.
110
N Y L I 4 Tr
N Y Sec 4 Tr
135
4.
170
195
150
115
145
«t
• • •
115
200 825'
1985 8010
375
415
300
1420 1450
3«0
60
••••
ii70
350
380
850
385
1450
800
'
•
175
North Amer. 160
Produce Kx. taoo
Real KstTr't 300
StandardTr't 420
•• •
state Trust. 400
Tr.Co.of .A.m. 1399
t
Union Trust. 1400
U S Mtg & Tr. 4eO *«*••
t
830
.
300
330
310
815
190
100
2784
.... 190
Scherm'rh'n* 140
17th Ward*. 105
BB'KLYN.
Broadway*
270
Side*.
Dep A
om.
Qtati
People's*
Am
Aik.
Bid.
Qu
Nassau
Nat City
40O
IfO
430
130
180
NY*
Western
Home*
I
State*
State of
Hamilton*... 135
Imp 4 Trad. 5404
Brf.kers'
Riverside*... 190
Gansevoort*. *•••• 100
List.
499>i
Republic
64
160
130
580
465
Park
NewYork....
19th Ward*.
Ninth
North Amer.
Plaza*
Prod Ezch*.
Franklin
184
Pacific*
Mt Moms*..
Mutual*
Nassau*
Bast River.
Gallatin
Banks.
Ask.
rts.
175
415
335
135
150
405
1500
90
345
lOU
90
160
300
170
Pheniz
Fourth
379
3C0
.
Corn Ezch*. 340
First
3000
First (St Isl) 165
14th Street*. 145
list.
Merchants'
Metropohs*.
Peoples'*
l'.i8
otatio
Merch Excn. 110
Oriental*
130
nth Ward*. 180
Fifth Ave*.. 2700
Fifth
830
6
Bid.
Qu
New Amst.*..
NewYork Co
N Y Nat Ex..
Columbia*... 160
40
Banks
Brokers'
375
29% 304 Germaula*...
Greenwich*.. 185
Simmons H'rdw-Com.lOO 153
Union Switch & d
A40 no74
5
35
£ MISOELUiS
Mlacellaneou8»
As-
Bid.
180
19
Ist 68
Texas
Preferred
884 864
Russell &Krwin
35 t 65
Safety Car Heat 4 Lt.lOO 163
156
Schwarzchild & Sulzb.lOO
40
39
Semet-Solvay deb Ss
101
103
Ist 68
I
94^ 96H
86M 89>i
100
108M
93
9SM
94^«
IS
J'ly'99
"36
.01
100
0S9i 196
97»i
St L I
4 So new 30 y 43 ( w I)
8ou.Pac.col.tr. 4s (when iss.j
WiscCea Ist 43 (wi)
118V*
Apr'99
94H 94^
81114
o«%
94
86
MetrWSEl(Chlc> Sf48l938
100
OUTSIDE SECURITIES
Miscellaneous. Par,
100
J'ly'99
*No price EMday; these are latest bid and asked this week,
Bond & Mort Uuar...l00 225
60
Carter-Crume— Pref. .100
100
88
Celluloid Co
Cent America Tr'nsit.lOO
14
Cent Flrew'rks- Com.lOO
103
Lo'.u ata'.es.
1600
WHshlnglou 300
300
130
95
107
350
Brooklyn Tr 410
Franklin .... aio
Hamilton...
t'8l
100
Kings
350
•
860
BKKLYN.
Co....
-
•
L Isl L « Tr <!58
Man a tact 'ra 3(0
•*
Nassau
—
.78
^90
WilU'msb'gh 2!0
Pnooie's
?65
*
are Star« banks.
Purchaser also pays accrued Interest. 1 New stock.
Sale at Stock Exchange or at auction this week.
t
830
Prlo« per share.
•«
.
.
THE CHRONICLE
222
[Vol. LXIX.
—
Boston, Philadelohia and Baltimore Stock Exchanges A Daily and Yearly Record.
Sales
gf Slaarn Prices-lVot Per Oentam Prices.
ACTIVE STOCKS.
of the Range of Sales in 1899.
Saturday, Monday,
July 22. July 24
261
265
265
108H
108J«
108!^
109H 111
240
....
198M 188H 199 200
137^ 137H 1365^136?i
146 146H 146!^ 14HH
137 137
•137 ...
•840
....
40^
117^
•117
117
117
4U
48
40
48
405^
48Mi
•48
30
30
« • •
••
•90
•55
fl
36H 28^
15M 15H
'•b'oji
•77
•805
26M 26^
15
16
"SOH
77>«
77^ •77
205^ 205H
....
68
68
e9« 99«
•10^ lOH
30H SOH
*l«H
43«
675^ "68
9C% 99><
10 5-16 10J6
29^ 30
16H 18«
18?^
43»i
77M 77^
77H
42^
425i
lfi«
163ii
HH
95
95
42J<
1894
16H
37
95
37
95
140
•37^
371.^
22^ 22^
22^ 82^
167>-J
140
38
140
37
167^ 168
4774
47J^
43
44
IM
471^
171
48
44« 47M
IH
1?6
60
*49«
66« 66X
Bid and asked prices
•
NAGTIVE STOCKS
RAILROADS.—Prices
AtTop&8Fe..(Bost)100
* Charlotte(Balt) 100
Boi & Maine pf.(B08t) IOC
"
350
36S
7994
825
23
63
58«
155
96
•43«
37
38
2894 2294
17094 173
47% 48
47
•IM
50
66«
47
1*
50
Bid.
Ask.
July 28.
1994
30
130
65
70
.
MiCh.(BO8t)100
Stof IndslI(Phll) 100
33)4
6494
30
57
153
45
33
60
75
38
34
100
56
50
100 59"
(Bost)
Central.
Maine
^lnemU&8H.(Phil) 50
50
Nesqnehon'g V. "
Mew England.. (BO8t)100
100
Pref
North Penn... .(Phil) 50
60
Phil* Erie....
50
Pkll Germ & N
375
100
Dnlted N J
50
OnltedTrofP.
60
Pref
West End pref. (Bost) 50
Weat JeT*3S.(PMl) 60 80
50
WestNY&Pa. "
Wis Cent, new.(Bost)100 16
51
"
100
Pref
Wor Nash * B. " 100
"
. . .
•
'
Aih Bed Mln'g. "
"
Atlantic Mln'g.
"
Baltic Mining..
Bay State Ga8ll.( Bost) ..
8)4
8)4
14)6
30
33
55
20
Am
Railroad Stocks.
(Boston).... 100
& Albany
145 246
671
9,552
12-5
5
30
856
1,020
137
8
1,874
210
37
37
4396
4396
38
38M
47
•W
Calumet & Hecia
23^ 23H Cambria Steel (»l-50
62« Consolidated Gas
51« 5m Dominion Coal
820
90
1?6
50M
STOCKS BONDS
Bid.
10
IIH
Old Ool Mining. (Bost) 36
89
88
85
Osceola Mining. "
Palmetto Co.... (Phil) 35
3)6
53
53)6
ParrottSil&Cop(Bo8t) 10
Penn Blec Veh1I( Phil) 50 11J4
"
Pren
50
50 114
Pennsyi Salt... "
89
Pennsyl SteelT. "
....
"
89)6
100
PrefH
161
Pullman's Pal. (Bost) 100 160
165
25 160
Qulncy Mining
10
Reece Buttonh.
8
35
Rhode Isl Min.
7)4
13
12)6
5
Santa Ysabel G
35 220 223
Tamarack Mln.
35
Torrington "A"
25
Pref
85
Un Cop L & M'g
25
Un Shoe Mach..
35
Pref
4-85
44
44)6
Utah Mining...
> • • • •
47)4
61
J?6
15)4
58
8)6
15
31
Coal
"
50
Wolverine Min.
Wollaston Ld.
"
"
35
"lu94
4)6
4S)4
82
34)6
117
19)6
125
143
V6%
60
S3
62
16
46
16)4
4894
103
103X
5
AT&8Fgeng48.'95A&0 100
48..
1995
B & M 3d is 78.'02-07 MAN
85
100)6
85)6
102
Domln Coal l8t88.'13M&S
98)6
111
120
3)68.
.
B08UnGa8l8t5s.'39J&J
1939 J&J
2d M58
W
M Ba g.'06 M&S
116)6
88
65
Blk&M V
l8t 6s '33
'
1916 M&N
1917 F&A
4s
1,835
Bonds— Baltimore.
Atl&Ch
Ist 78.1907
J&J
106
120
Balt&Ohio 48 g. 1935 A&O
Stat Isl 2d 5g.l926 J&J
Balt&Pl8t6aml 1911A&0
116
94
89)6
70
117
103
118
Ext & Imp 68.1901M&S
NoBaltDiv 58.1942J&D
Conv'rtibie58l906M&N
104
130
101)6 1C2)6
OapeF&YsrA8g.l916J&D
1st 68 ser B..1916 tr rec
1st 88 ser C..1916 tr rec
900
3
976
6,020
4,38
May
3 275
36
3,509
36)6 Feb.
1)4 Jan.
39 Jan.
810
Jan
May
55
4
Mar. 83
18% Mar.
83
81
83
86
50)4 Feb.
Jan.
4494 Apr.
8396 Feb.
45 Feb.
84
81
31
July II
96
Feb. 14
If ar. 80
Mar. 30
Apr. 85
Apr. 88
Feb. 81
8494 Mar. 88
71)6 Mar. 18
63 Apr. S
194 Apr. E
193 Apr. 88
100)4 June 87
74)4 Apr. 8
45 May 33
45)6 Mar. 3D
3894 Apr. 6
154 Feb. 83
53)6 Apr. 85
3396 Apr. 8
175 Apr. 8
55 Mar. 30
60)4 Apr. 8
\% Feb. 18
5296 June 12
68 June 36
BONDS
Bid.
West NC con 6s. 1914 J&J 117
West VaC&Pl8t6g.'ll J&J 108
W11& Weld 5s.. 1935 J&J 114
Bonds— Philadelphia
M&N
Ter 1st Ss. 19^8 J&D
Atl City Ist 58g..'19
Balls
AbI)
118
110
113
100
B BoroGas l8t5s.'38M&s
103
Cambria Iron 68.1917 J&J 107
Catawissa M 78. 1 900 F&A 106
•••11
Ches&DCanl8t5s.'16J&J
Choc Okla & G prior lien 6p 103
106
General 5s. ...1919 J&J
Clt's'St Ry(Ind)con 53.'33
*•••«!
Colum St Rylst con 58.'32 107)6 •••••(
Con Trac of NJ lst58..'33 118)6
Del & B Bk Ist 78.'05 F&A
Bast&A 1st M 5s. '20 M&N
111)6
BdlBon Blec 5f> Btk tr ctf s.
Eiec& Peop's Tr stk tr ctf s
102)4 108k
•
•
Internat
•
•
Ist Bs.'lO J&J 122
Income 58....2862 A&O 108
Eq ni Gas-L Ist g 58.1928 109
Hestonv M & F con 58.'24 118)6
H& B Top con 58.'25 A 4© 108)6
•tai
••••!
•
•••••
.•••<
109)1
Nav
KCSub B
1906
6s
lst6s..'20J&D
95
69
KCP&Glst58..'23 A&O 61
Lehigh Nav 4)68. .'14 Q-J 114
1914 Q-F
1911 J&D
1924 Q-F
106
1910 M&S
1923 J&D
132
118
126
.
932M&S
116
115)6 116
111
lil)6
J&D
J&D
GaCar&Nlst58g.l929J&J
(JeorgiaPl8t5-68 1922J&J
GaSo&Fla l8t5s.l945J&J
KnoxvTrac IstSs '28A&0
Lake R El l8tgu68'42M&S
MetSt(Wa8h)l8t58'25FA
New Orl Gas Ist 5s...Var
Norfolk St 1st 58 '44. J&J
NorthCent 4)68. 1925A&0
108
130
108
A&O
88 1900
J&J
6s gold 1900,
J&J
6s 1904
Series A 5s 19^6.... J&J
Series B 58 1926.... J&J
•
•••tl
1941 J&J
Penn Steel
107)6 108
7s..'06
Itf "
*ltt«'
•
116
126
•ttll
«•••:
J&D
!
A&O
A&O
107
l8t5s.'17
People's Tr tr certs 48.'43
105
108
•
••••
Perkiom IstserSs.'lS Q-J
.••*«•
•
flfl*«
Cons 5s
Cons 48
1939
1939
M&N
..t
94
.
*•••
Phlla Blec gold trust ctfs
10i)6 106*
10294 104
Ph&Br gen
lao"
18S)f
133
Con M 88 g... 1911 J&D 123 .••••
Ext Imp M4b g.'47 A&O 106)4 .••••
Con M of '82 4s.'37 J&J 105 .••••
••••
Terminal Ss g.l941 Q-F 123
P Wll & Bait 48.1917 A&O
111
CollattruBt 48.1921 J&J 110
Pitts C&StL 78.1900 F&A 106)6 107
Read Co gen 48, 1997 J&J
87% 88
•(
Roctiester Ry con 5s. 1930 108
105X
7894
99H
122
•
••
>••••
i
...
M 78.. 1911 J&D
•
89M 90
83)4
M 6g.'20 A&O
Gen M 4s g.. 1920 A&O 110
Ph & Read 2d 6s. '33 A&O 127
Consol
117
118
116
100
107
86)6
SohRW!Sidel8t58g'35J&D
Scran Trac 1st 6s '32M&N
Union Term'l 1st Ss.F&A
United N J 4s.. 1944 M&S
UnTracPitts gen58'97 J&J
lAnd
interest.
HI
113
•
.
120
113
•tl
»••!
•
•4
11*1
t»l-50 paid
•Price includes overdne oonpo
I
•
.••t
11)
113
M&S
M&S
M&S
M&S
Consol 6s 0.... 1905 Var
Consol 5s r. ...1919 Var
135
105
Ist 68. 1906
ad series 8s.. 1911
3d series 6s.. 19 16
4th ser 3-4-58.1921M&S
5th series 5s. 1926
J&D
Annuity 8s
• •
New'kConGa8 58'48J&D
Newark Pass con 58.1930
No Penn 1st 4s..'38 M&N il8**
1903J&J 113
GenM78
Penn gen 68 r...l910 Var 130
Pa & N Y Can
120
8eoAvTn(Pltts)58'34J&D
8av Fla& West Ss '34 A&O
Seab & Roan 58.1928 J&J
United Ry * Blec income.
2d 7s
Consol 68
109'
105)6 106
117)6
Ohio&Ml8t73D1905M&N
Pitt Un Trac 58.1997 J&J
Va (State) Ss uew.'32J&J
Fund debt2-38. 1 99 1 J&J
Va& Tenn 2d 68. 1900 J&J
1900 J&J
88
1,318
337
122
34
Gen M 4)6s g.
•• ei
Leh V C'l 1st 5s g.'33 J&J 100 lOOV
1948
116
Leh Yal ext 4s..
J&D
M&N
Ga &AlalBtpf58l945A&0
VlrgMid
Sl^Jan. 86
312
380
188
123
398
108
895
Jan.
Jan.
58)6
8496
7894
4896
23)4
3994
1
95!^ Jan. 23
Jan. 37
30
Mar. 9
17)4 Apr. 37
95 Feb. 6
55)4 Feb. 15
May 17
46)6 Jan. 23
3 70
Jan. 83
3 100V6 June 30
13 1294 Jan. 34
n
Jan.
Jan.
Jan.
Jan.
Feb.
Jan.
Jan.
696 Jan.
133 Jan.
34)6 Jane
3196 May
137)4 Jan.
335
160
67
Consol 78
Chas City Rylst 5s '83J&J 105M 10554
CharlC&A ext58.1910J&J 109
Chesap Gas 68. .1900 J&D 10194 102)6
118
Clty&Sub lst5s.l9«!2J&D 116
iBt 58.
Feb.
70
1
Jan.
60
33
4,340
RR4sg
Cent Ohio 4)68 g.'30 M&S
Central Ry 8s... 1912 J&J
PotomVal
38
11
Blm&Wilm
Ist 68 tunnel 1911..J&J
Bal Trac Ist 5s.l929M&N
Consol Gas 6b. .1910
1930
5b
84H
28
31
4
June
194
I
July 6
July 28
Mar. 38
•
Bait Beit 1st 58.1990M&N 110)6 118
BaltCPaslst 5S.1911M&N 113%
185'
Bait Fundg 58.1916 M&N 123
Exchange 3)68.1930J&J 113)4
58.)
49
Baltimore— Conclu'd.
AtlG-Lightl8t58l917J&D
Ext & Imp
1
450
Ask.
i.'.'.'.'.'.
Col&Grnv 1 8t5-6. 1 9 1 7 J&J
{118
end {140
Unst'p'd lst68.'33 A&O {133
106
lUln Steel con v 58. 1 J &J
Debenture 58. 1 9 1 3 A&O {ioi)6 103
76
KCC& 8 lBt5BK.'25 A&O i
KCFtS&Gl8t7s.'08J&D {114
K C F 8&Mcon 68.'28M&N { 97)6 98
93
K C M & B l8t 48..'34 M&S { 90
45
Income 5s
{
K C& M Ry&B 5s.'29 A&O {100
KC8tJo&CB7B.'07J&J {130
Lams'n St're S 6s.*09 M&S i
L Rock&F S l8t7s.'05 J&J }105
LB&StLl8t88g.'26A&0 •110
2dM 5-6 g.... 1936 A&O i
Mar H & Ont 6s...'25 A&O §115
Mex Cent 48 g.. 1911 J&J } 75)6 76)6
21
20
Ist con Ino 3s g non-oum
12
12)6
2d con Ino 38 non-cum..
New Eng Tele 68.'99 A&O {100
1907 A&O i
6s
Kast'n iHt
Fr
145 383
40u 65
109 835
1914M&8
Consol 5s. ...1932
1947 {116
87
i
63
i
Bur* Mo RIv ex'pt 8s.J&J jl20
Non-exempt 6s. '18 J&J }107
1910 J&J {100
Plain 4s
Ch Bur& N Ist 5s.'26 A&O {105
1918
J&D {100
2dM 68
Ch Bur&Q4s.l922F&A {100
lOwaDIv 48.1919 A&O {100
Chicago June Ss. 1 9 1 5 J&J {114
Ch & No M gu 58. '31 M&N { 90
M gen 58.'21 J&D { 99
Chi &
Con. of Verm't 5s.'13 J&J
»5)4
Curr't RIv 1st 58.'27 A&O
Boston Term'l
DGR&Wl8t48.'46 A&O {96
9U
170
35
25
....35
lstmort68.. ..1905J&J J113
Ogd & L C con 6s.'20 A&O 105
15
1920
Income 68
Rutland Ist 6s.. '02 M&N no6 107
102
1898 F&A }100
2d 58
Torrington 1st 5s 1918... 4107)6 108
West End St 5s. .'02 M&N a04)4 106
Gold 48
41«July
1
IIOX Jan.
....100
NY&NEnglst7s.'05J&J 118
4)6s
3
14
7
21
7
Jan,
Jan,
115 873 Jan.
15,763 13396 Jan.
....
....
1
28
4,607
683
3,150
994 May
8,065 25 13-16Jan.7
950 13 7-16Jan. 6
1,733 3896 June 30
3,845 72^ June 1
6,675 3196 Jan.
7
8,166 1696 May 17
30 36>6 May 16
203 90 Jan. 3
.
Bid.
May
3 123
4294 Jan
75!^ June
361
Boston— Concluded.
June 27
11654
July 14
304 July 26
149)^ Feb. 18
3 154H May IS
12 137W July 80
3 13294 July 5
Jan.
4094 Mar.
61
Jan.
94% Jan.
paid) (Phlla.)
BONDS
Ask.
MISCBLL.—Concluded.
rel
"
380
341
30 198
•68
.
3896 83
170
17096
47J6 4796
47
"
"
"
Mar.
5%
800
.
Butte&Boston
Highest.
8094 Jan.
227 Jan.
170 Jan.
124^ Jan.
139H Jan.
124 Jan.
120!^ Jan.
89% Jan.
4394 Jan.
57 May
107 Jan.
31
June
91 May
63 Jan.
23V4 June
1
[>li8cellnneoug Stocks.
American Bell Telephone... (Boston).. ..100
"
....100
American Sugar Beflning II.
PreferredT
Boston & Montana.
Lowest.
1,871
"
(Bait.) ....100
(Boston).... 100
( Phlla. ) .... 1 00
16294 15294 Electric Storage Battery 1
"
100
Preferredir
153 153
(Boston) .... 1 00
Brie Telephone
96
96
96
96
"
....100
•58
58
Federal Steel
68« 58
"
.... 25
37
37
Lamson Store Service
3BH 37
43^ *3H 43>6 439* Lehigh Coal & Navigation... (Phlla.) .... 60
"
....100
Marsden Company IF
16
18
15>6 15H
(Boston)... 100
New England Telephone
138 138 •139 141
"
•38
Dominion
Copper
.... 25
T
38i6 Old
38^^ 38>6
24
23
2394 24V6 Pa. Mfg. Light & Powerl... (Phlla.).... 60
"
.... 50
United Gas Improvement II..
169 169
16894 169
(Boston).... 25
47!^ United States Oil
47« 47% 47>4
(Phlla.)....
5
45
46
46
45Mi Welsbach Light H
(Boston).... 25
•1«
IH West End Land
1?6
*1M
"
50
.... 50
Westingh. Electric* Mfg.. .
50
60
"
•66
Preferred
.... 50
67
a 29 15-16 30^
96
96
•78
51M
51
Adjustment g
875)6
10
"
85
47)6
IflleEoyaleT....
100
(Phil)
Marsden prefl
308
Mergenthaler (Bost) 100 204
10
3% 4
Mex Telephone "
10
No
G Dredg "
. .
820
83
62
50^ 53
150 150
119
•354
Bonds— Boston.
AmBeilTel48..1908 J&J
•75
"
100
Pref
Boston EleoLt.(BoBt)100 167
4
10
Boston Laud... "
45
Cambria Iron.. (Phil) 50
(Bait) 1 00
81)6
Canton Co
34
Centen Mining. (Bost) 25
88
Daylight Prl8m.(Phll) 50
Domln Coal pf. (Bost) 100 116)6
"
100
HdlsonBl 111...
Bnec Co of Am7.(Phll) 60 "l7)4
"
100
VehicleT.
meet
60
Bleetroz Com'lT "
19
FrankUn Mln'g. (Bost) 86
"
100 124)6
Oeneral Bleot.
141
"
100
Pref
6
GenBI Auto-MT(Phli) 60
IntButH&SM(Bost)
820
23
63
820
23
62
118J6
Winona Mining (Bost) 85
Berg*BngUr'w(Phli) 100
.
80
820
23
63
79% 79%
Westm
MISCELLANEOUS.
Phil)
Ajmold Mining. (Bost)
358
•76
350
159
119
358
80
820
'W'ater
Little Schuylk.(Phll)
Allouez Mlning(Bost) 35
x353
158% 159
Power.
Welsbach Com1I(Phll)100
"
100
Prefl
FtS&M..(Bo8t)100
AjnRysl
368
3.')0
.
Conn & Pa88um(Bost)100
Oonn Rivpr.... " 100
Pref
368
68
no sale wae made.
18
aC
350
58M 5794 58
300
M
350
167
118
350
158^ 157
118H 118 118H
65
18
Consol TrPlttslI(Pbn) 50
... "
50
Pref!
Flint & I'ere M.(Bo8t)100
"
100
Pref
O'rmant'n Pa8B(Phll) 50
50
&T "
Hestonv
50
Pref
"
50
Hunt* Broad T
50
"
-Pref
350
1579i
899
Clt'i
Boston
11094 110J4 Boston Elevated
110
HH
100
.
266
267H 285
—
Oat'wlssa 1st pf (Phil) 50
Central Ma8s...(Bost)100
"
100
Pref
Central Ohio. (Bait) 50
ChU* W
uiM
265
110
•240
Shares
117«n7«
A.tl
Boston &Prov.
265
Week.
H Indicates unlisted.
July 28.
July 27.
....100
•240
341
"
Boston & Lowell
....100
•240
240
•303 304
"
....100
•304
Boston & Maine
203 204
200^ 203
"
Chic.
....100
Burl. & Qulncy
136W 137M 136«137)^ 136H 13796 13796 138H
146
146
"
Chic.
....100
•145
Juno.
Un.
Stock
Yds.
146
&
•UBV6 148
147
147
•130
131
"
Preferred
....100
•137
....
-137^
Chic. Milwaukee* St. Paul. (Phila.> ....100
40
"
.... 50
40!^ Choctaw Oklahoma* Gulf..
40
40
•40W 41
•40U 41
"
.... 50
48
47^ 47M Preferred
•48
iSH 48
48
48
"
Consol.
....100
6tV4
64^
Traction
of
N.J.t...
64
64
64!^ OiH
(Boston).... 100
U7J^118 Fltchburg, pref
117>.<117M 117M117«
•30
•30
(Bait.) ....100
33
Qa. Southern & Florida
•9*6" !!'.!
•92«
"
1 St preferred
....100
•90
•90
....
92
•60
"
....100
82«
2d
preferred
•55
•55^
80
60
55 ...
37
Lehigh
(Phila.)
Valley
.... 50
37J6
261.4
26!.4
2696
26H
26i<
26>i
15
15
Mexican Central
(Boston) .... 100
15
liH 1494
(Bait.) .... 50
Northern Central
(Phlla.) ....100
50« "50% Northern Paoillc
50^6
50^ 50H •49% "5OH •50
"
•77
78
....100
Preferred
7794
•77
77!^
77>6 •7694 77M
(Boston) .... 100
'205
205 305
206H305H •303 204 Old Colony
"
Oregon Short Line
....100
Pennsylvania
(Phlla.).... 50
68^ 88H 68H 6896 "es" "6sii 68V4
"
Philadelphia
Traction
.... 50
99^ 99^ 99^ 99H 99^ 99H
99?^ 9aH
"
.... 50
10 3-16 10^
1096 1096 10 5-16 1096 10 7-16 lOH Reading Company
"
.... 50
1st preferred
89 13-16
2994 2994
•10i4 10J6
"
.... 50
16
16^ 16 16 3-16 2d preferred
16 7-16
16!4 16H
(Boston).... 100
43
43^ 44H Union Paciflo
43
43
43
43
43
"
....100
Preferred
77
7796
7896
77
77^
77« 77« 77
(Phlla.)..,. 50
4214 43!,4 •42Hi 4296
4351
43H 4896 Union Traction
1696 1696 United Ky & Blec. Co. (w. 1.) (Bait.)
1696
1«'/*
16%
1694
18H
165i
•36
"
36H Preferred (when issued)..
95 95H West End Street
(Boston).... 50
95
95
95
95
95
•43H
15^ 16
16
16
•138
m
265
lUM
350
347 347
•347
156^158^ 158!^ 15(594 157
118 IIHM 118 118H 118
367
368 368
388 368
78
•75
80
•75
80
'815
810 817H 810 815
23
23
33
23
33^
62
63
63
51
51
50M 51« 53
155
15994 1
155 156
96
•96
97
•96
97
57i4 5796
58H
58
5994
36
36K 36^ 37
•48«
July 26.
285
'261
261
Friday.
Wednesday Thursday,
Tuesday,
July 25.
ns.
1
.
July
..
.
THE CHRONICLE.
39, 1899.]
223
IBSTKACT FROni RBPOUTS OF THE NAXIOXAJL BANKS JIADB TO THE
Deposits.
1899.
Loans <£ discounts. (Incl'y
Surplus.
Capital.
Individual.
overdrafts.)
Other.
Qold and
gold 0. H.
Gold
Treasury
a N.
5,650,000
6,885,000
41 39,865,175
210i 41,577,600
5' 19,337,050
80 20,906,070
571 145,2»1,79&
Hampshire.
52[
49'
Vermont
4
• Boston
9 Mass., other
Ehode
'"
..
Island.
; Connecticut..
t
Total Dlv.No.l
f
New York City
^
2
Brooklyn
5
certificates. certificates.
Tertifi^'tes.
Albany
6
270
105
[
f
Delaware
2,133,985
12,688,260
3,806,700
48
11
2,775,000
1
252,000
36
4,591,000
34
3,551,000
171 29,797,945
New
;
i
•
i
;
!
Dist. Col., oth.
3
363
661
in
Baltimore .. ..
Maryland, oth.
Wasnington
^
37
30
.
22
.
!
Virginia
p
West Virginia.
Total Div.No.3
L
r
[
North CaroUna
South Carolina
Savannah
29
Georgia, oth,
Florida
26
15
i
Alabama
i
•
Houston
:
Texas, other..
3,050,000
8,125,900
48
7,960,000
470 56,0»9,10C
7
.. ..
Kentucky, oth
Tennessee
I
Total Dlv.No.4
r
Cincinnati
e',
f
J
Detroit
Mlchig'n.othei
.
J
Milwaukee
L
Wisconsin, oth.
Total Div.No.f
r
Des Moines...
4
Iowa, other...
St. Paul
Minneapolis..
Mlnnesota,oth
St. Louis
166
S
I
1
I
a
•
Kansas City..
St. Joseph
{
Missouri, oth'i
>
Kansas
;
I
I
I
17,l>j2,957
2Ot,0O0
2,808,603
8,337,101
3,750,000
1,333,501
54,950
129,750
994,710
196,430
373,500
29,500
210,155
391,468
114,350
1,977,726
2,528,130
35,416.859
2.778,326
10.650.627
1,283,605
1,917,047
3,663,910
2,613,962
52,254
62,882,446
1
4
Total Dlv-No.*;
Antona
10
400,000
600.000
4,647,000
600,000
21
2,305,000
7
350,000
851,500
5
Mexico..
6
37
..
Idaho
.
Oklalioma
Indian ler
16
Uta,n
11
11
Wyoming
1,650,000
860,000
50.000
124| 12,313,500
Alaska
rotalDiv.No.8
352,024
497,437
348.329
3,822, 67fc'
2,462,4711
97,15^
1,307,568
/'
8,887.65
50,000
2,675,4Cb
659,000
556,500
992,900
1,693,000
640,000
107.25C
764,268
1
S. ct'ls
deposit.
122,774 130,32li
21,591,717 1,038.057
40,810
299,787
506,961
94,943 102,6381
11,116.754
2,120l
267,362
84,375'
529,867
11,930,967
23,330
70,586
214,519
185.605,yl6 15,730,134 1,422,190
205,856 1,755,9611 6,112,853
631,597 842,1431 2,798,125
110,827,615 3,751,888
180,580
765,Ul7
123,586 166,135
35,146.127
101,880
681,848
270,453 572.2991 1,065,992
48.643,124 J.,973,824
375,930
4V54,8^2,220 24,295,748 2,146,840 l,o33,584 3,640,0ao 'll,440,486
5,627,875
43,384,332
11,073,353
10,183,591
649,120
252,600
490,111
1.948,43S
16,703, 6i!0
482,745
6,899.203
9,533,243
97,155,129
328,178
388,595
121,546
390,942
267,254
194,500
131,69b
2,663,013
411,986
1.443,919
179,592
710,594
531,917
6,076,61:
7.797,360
5.627,411
1,278,246
9,200
3,000i
1,1501
366,134
117,25b
361,426
6,199, 4S6i
66.113
2,760,686
677,390
12,436,7 00
50,764
3,121,898
309,468
2,389,814
41,914,681 2,055,147
130,174
2.493,5/7
832,406
7.303,436
913,319
17,479,622
919,522
20,709,078
142,870,372 7,47i«,9lO
7.825,026|
293,238
668,530
50,408
1,476,832
1,489,760
361,011
6,030,791
39, 260
j
.
.
..
121,660
138,250
61,650
5,180
5,000
23,080
69,570
468,880
3,618,179
4,986,969
16009389 58,084,045
261,332
317,258
100,341
583,458
452,516
496,167
162,354
886,223
142,581
733,117
2,558,036
151,589
878,178
424,065
1,110,324
9,248,044
1,159,610,
801
1,127,091
3,500,998
1,527,404
L,967,455
767,356
484,093
3,068,332
2,445,873
6,332.347
152,260 120,980
193,130 100,754
30,600
46,000
225,859 202,704
153,164
69,897
216,422
74,536
81,323
11,793
178,012 623,224
163,752 148,940
84,590 205,195
844,023 527,126
66,524
75,116
48,836
127,377
89,232
291,542 376,112
2,862,313 2,671,659
9,170,
1.000
446,726
31,020
778,197
123,907
3,383,229
423,392
996,378
31,415
787,156
457,623
6,153,100
43,080
3o9,465
296,150
5,630,4^0 36,380,896
68,227 156,614
168,87e 1,085,468
87,850 132,636
35,922 965,149
9,936
33,435
180,680 194,190
93,673 120,657
645.165 2,737,149
16,370,
478.020
16,200
554,770
42,000
3.533,412
96,270 47o,225 2,849,122
301,900
26,073,465 1,591,636
147,121 145,482 1,553,758
269,170
33,973,657 1,781,860'
581,498 499,684 3,895,203
136,940
71,007,550 3,807,938
439,592 391,026 1,633,239
169,69c
36,406,808 4,033,74b
461,693 1,953,837 14,494,889
121,660,77^ 20,604,076 2,860,830
522,716 443,042 1,959,532
282,470
65,610,997 2,942,737
263,597 118.794
28,210
14,596,346 1,251,768
663,993
200,388 162,025
33,190
31,054,277 1,635,516
819,148
85,614
20,444,197 2,074,150
30,000
99,591 1,241,009
209,511 213,129
31,330
24,481,292 1,424,93c
765,566
435,209,357 41,148,36^ 4,143,730 3,008,y0o 4,496,836 29,875,459
6,-230
15,980
85.665
42,313
3i960,459
428,059
350,242 459,577 1,460,181
105,270
38,638,529 1,691,578
178,679 107,991
10,257,184 2,077,999
8,000
143,726
66,506
13,164,203'
660,337
9,000
27,000
541.708
132,100
842,866
15,849,343
16,430
82,300
346,389
69,226 1,029,966 5,917,229
46,175,837 3,956,413
462,470
189,003 803,788
55,000
19,769,962| 1,252,840
882,980
122,178
25,528 122,274
15,490
2,341,793
171,264
93,142
386,667
8,629,4231
6,230
69,435
333,594
257,868 155,6J8
21,934,710 1,177,411
25,660
818,988
142,840 209,653
11,838,507' 1,142,240
39,150
760,934
88,385
27,020
1,479,217
7,640
66,438
604,527
112,606
""i',30b
14,386,4151
55,428
320,624
196,115
37,720
4,359,666
1,360
11,629
194,348
327,680
41,459
3,647,484
2,710
23,412
211,621
763,3uO 1,739,91b 3,208,004 12,597,083
216,^22,732 I4,bl3,391
273, '^07
16,495
6,538
4,291
112,268
15,717,866 6,113,838
345,000
C0,260
8,142
•^1,137
200,264
11,848,923 2,208,070
19,020
61,673
881,775
23,857
2,796,618
3,105
13,779
68,315
589,227
3,678,179
17,458
28,473
174,809
8,411,160 2,046,340
19.990
82,339
210,261
586,051 144,299
42,725,953 11,865,745
384,010
326,619
2,634,588
183,387
1,322,433
2,506,003
1,134,448
1,247,04',
671,830
682,500
647,580
31,163,57i;
541,632
448,849,461 11,571.448
394,212
16,237,665
14,873,883
4,843,909
4,938,735
15,516,867
56,804,271
550
Portland
Oregon, other.
Washington...
25,3:^2,736
30,623.881
77,739,002
46,393,721
104,540,941
62,598,335
11,586,025
34,807,411
24,073,837
2,000
2,300,000
1,047,799
186,000
299,048
497,723
4,332,571
3
88
23
26
'^allfomia.oth.
Montana
602,583
417,300
2,380,000
388,200
607,300
4,592,488
276,000
620,000
2,128,289
1,767.004
800,000
12,404,600
3,800,000
4.000,000
4,490,000
8,900,000
2,300,000
350,000
3,565,000
i
Colorado....
752.2961
225,000!
1,076,469
508,275
82,00C
6,000,000
31
4,825,000
4
1,100,000
24 1,320,000
_^ 3,360,000
95 16,687.000
2
5C
IOC
San Francisco,
New
7,242,629
5,411,503
680,490
8,314,349
5,840,725
9,534,865
2,978,723
17,425,611
3,430,997
3,483,518
43,081,649
3.037,19b
7,767,661
15,699,493
21,362,259
155,191,668
550,000
5,525,000
1,450,000
1,585,000
61,306,700
6
5
Nevada
^
841,753
362,500
66,000
1.089,628
195,500
292,841
11,667,491
58
Lincoln
Nebraska, oth.
North Dakota.
South Dakota.
Total Dlv.No.6
I
1,319,300
150,000
2,642,500
954,297
13,032,839
2,134,793
38,018,515
12,176,925
8,761,709
18,404,650
39,747,388
16,059,507
2,275.981
10,326,375
23,580,965
9,795,057
1,913,057
14,039.945
4,958,877
5,026,462
207,220,206
5
6
Omaha
•
11,719,250
18,030, 3U6
958, o95
17,069,757
10,837,734
102,050.979
2,675,000
7, 700,000
2,184,500
9. 894,200
226' 27, 52o,i00
7,969,447
114 14, 217,000
4,485,9a3
9,347,900
It 18, 450,000
6,677,121
200 17, 191,000
606,000
6
3, 300.000
74
2,541,188
8 345,000
4
2 950,000
580,000
74
1,724,537
6, 710,000
741 116,277,300 38,791,676
Illinois, other.
I
37,878,-.i65
13
14
Cleveland .. ..
Ohio, other ...
Indiana
Chicago
J
17.692,9001
1,070,000)
13
Arkansas
Louisville
I
190
7
7
j
I
5
26
12
....
•
]
2
.
Mississippi
New Orleans..
Louisiana, oth
5
2,901,300
1,943,000
750,000
3,056,000
1,150,000
3,105,000
935,000
2,300,000
960,000
1,100,000
16
5,o5?,272
957,455i
5,265,525|
1,743,762
1899
Leg.tend'rs
Treasury <iU.
618,901
47,500,000 43,1S5.000 50y,901,77u 34,239,667 567,830,530 15405^772 6,370,251
18,293,268
649,022
99,6d6
1,352,000
1,900,000
200,049
12.857,082
155,000
504,285
74,062
1,372.000
6,358,118
1,550,000
253,045
9,694,669
330,750
719,486
31,442,840 11,031,468 104,764,403 1,867,042
93,582,731 4,009,343
450,040
66,il2,7i6 l,17»,0d5
385,861
8,414,300
56,378,213 1,914,584
14,545,000
258,810
543,212
19,475,000 14,345,000 127,947,265 4,198,706 107,868,300 14,352,585
165.260
290.041
9,240,000
59,741,154 1,036,71.
52,884,960 4,525,673
12,050,000
411.250
41,074.390 22,(i4»,499 149,57j5,494 2,813,319 119,141,249 6,766,792
389.730 1,138,313
168,989,230111,837,^67(1,042,797.218 45,786,490 1,020,137,740 187276056 8,531,090 3,8^9,57:^
N. York, other
Jersey...
Philadelphia..
Pittsburg
Penna., other
Total Dlv.No.2
•
5,
$
18,052,374
10,232,937
9.819,305
157,293,160
96,678,706
22,197,686
47.053.003
361,^27,171
2.731,256
1,400,104
1,481,70b
13,933,3u0
14.7bO,600
4,559,311
7,964,000
46,830,280
Silver
Silver.
$
82 11,071,000
Maine
(
APRIL
COIflP tROLiLEK.
286,461
742,434
511,731
236, 69i!
97,500
1,403,004
704,425
97,456
433,311
866,361
67,000
201,744
5,633,119
365,329
146,962
463,629
295,003
1,270,923
198,725
114,937
4.227,701
194,928
859,460
3d, 53a
59,29:
855,174
202,020
17,045
6,764,823
1,109, lOe
193,737
1.066,237
76,097
189,656
1,981,694
21,189,474
1,457.744
8,431,348
764,943
1,982,553
3,008,378
2,150,342
37,538
42,173.122
562,472
2,088.199
8,390
106,370
441
5,120
1,000
100
121.420
13,747
38,121
176,393
18,472
85,506
18,898
39,692
61,864
28,624
2,201
483,518
15,000
137.687
36.095
14,356
23,059
28,599
23,759
7,296
43,661
78,230
1,386,726
80,520
516,187
57,530
72,050
24,610
67,753
3,420
630
286,481
2,330.587
Otalfor P. S. ..3,5831607, 262,570)246, 169,89412.437,223.420 87,172,837 2.421.366,«25 299501652 I7.708.88oll4.768, 122 32193899 ;1300*> 5423
2,494,813;
e
Totals fok
Reserve
i
Cities, &c.
In
f
Millions.
Loans
B'd8,8t'k8.&C
19
«
Duefr.bankb
59
1»
3
I
;|
J
I.
Notes & ctfs.
Nat.bk notes
6
167
36
1
1
Cl'r'gH.exch
16
Oth.res'ces..
3
Specie
309
40
Surplus fand 14
Dndl. profit)
4
Totals
Capital
f
i
£
; Cironlatlon»
5
2 Dnetodep'rt 161« Duetoloankf
i3 Other liable
I
sea
118
Totals
83
a-
309
i2-4 108-
47 31
69 37
i»-3
1-3
•2
1
1
i
U
.! 1
r
J 10 rs 13^
g
5
f.
1»6
[
J
1
fl
i
.el
'4>
1
53-9 43-4
18-
14-4
»o-.
6-8
6
3*6
-4
2
103
3-0
8-4
56
30
4-4
33 10
3 34
•3
6-0 17-0
6-6 13-8
9 3-5
•9
3'8
30
•1
7-s
1-6
•1
•9
-7
•4
•2
•3
4-6 3-6
143 1-6 18
731 1-2
44 30 1-5
1096 40« «25- 107^ 76S 34^
20 131 ia-7 3-6
48
5-3 IS
9-i
43 33 14
•e
3
30
a-3 1-4
i
•9
4-2 30
6
14
8
544 35-1 13-2 6 Of 40 e is-t
409 7 4 50 18-6 13-1
8
•1
-4
18
1096 40e i«5 lors 76*5 44-e
36^
•7
•2
•1
'7
1
•1
•2
•4
1-0
•1
-1
•4
•9
•4
•5
11
37'e 6-^
33^
31
6
ei'i
3-3 1-1
•6
3-4
•6
•1
•1
7-7
2-7
1-3
-1
•2
30 40
•fc
17-7 3-6
9-2 '27-9
7-5 18-1
8
1-2
4-0
11
•1
14
ir 6 «-7
fr3i
^1
|l
c
.s
II
r
s II
oa
03
_^
34'P 133 14-e 304 3-» 33 4 46^ 3i-l 13^ 15-7 38 1,359 ro63 3.431
4-5 15
36 36 10 4-7 11-3 45 33 3-3 4 1 386 37!9 664
13-6 48. 56 83 16 8-J 16-e 135 6-0 54 1-2
336 348 6S4
•9
3-3 36
1'.
3-3 2 3-1
1-6
5-5 3 6
66
380
84 364
7 5-9 1-0
•8
1-2 -4
1-e
'i
14
41 130
89
•2
•2
•2
•1
•3
3
•3
1
6
15
31
-3
•3
•8
•4
•3
1 307
•9
113-8
4
6 313
I
3•4
4
•7
•4
•7
1-4
1-2
•b
•i
55
87 143
1-e
57-4 339 37I 36"6
•3.618 3,031 4,639
43^ 90-3 45-6 37I 33U
9-9 18
33 3-9 •8 7-8 8-6 3-7 4!> 60 11 318 389 607
2 116 130 346
3-2
•6
2 1-1 17
•8
•4
3-3
6
9
•7
•7
•9
•6
•6
•2
•1
54
»4
3
3 •1
40
3
•5
•7
•5
-1
1-6
•3
5-2
1153 304
I- 12
•b
32
30-8 105 13-2 34-7 3-6 31-7 41-2 191 136 16 6 53 1,334 1.190 3,534
118 103 9-8 74 3-7 109 34-9 31-6 8-8 6-e 1-8 833 lOU 933
•7
•1
•1
6
36
33
1
7~»i
.57^ •i39 77"3
90^ 45-3 37^ 3i~i ~9^ 3.618 2.031 4.63»
D
3-4
1
1
1
—
.
.
..
6
.
.
.
1
THE CHRONICLE.
T24:
[Vol. LXIX.
Latest Qross Earnings.
Imitstincut
WeekorMo
AND
E^ii^i^^^l^ll^E^
RAILROAD EARNINGS.
The following table showt* me grosh eaminga of every
STEAM railroad from which regular weekly or monthly returns
•an be obtained. The first two columns of figures give the
gross earnings for the latest week or month, and the last two
•olumns the earnings for the period from January 1 to and
Including such latest week or month
together sep27ie returns of the street railways are brought
arately
onasubseqwmt^^
Latest Grots Earnings.
BOADS.
WeekorMo
1899.
Jan. 1
Latest Dal*.
to
BOADS.
Jan, 1
to
1898.
1899.
9
S
Latest Date
1898.
1899.
1898.
1898.
1899.
«
S
S
K.C.F.S00tt&M. Jdwk July
64,639 2,426,903
78.631
K.O.Mem.&Bir. 2d wk July
19,121
20.562
745,959
Kan. C.N. W.... _ une
21,632
152,087
28,118
Kan. City &Om. 2d wk July
4.129
3,317
122,719
K. C. Pitts. & G. 4thwkMay
81,636 1,498,659
96,335
Kan.C.8ub.Belt. 3d wk July
9.454
8,926
294,728
L.Erie & West HdwkJuly
63,-37 1,929,371
75,039
Lehigh & Hud.. June
33,901
236.186
41,880
Lehigh Val.RR. June
1,869,'^
1.492,659 9.319,595
Leh. V. Coal Co. une
1.541.660 1,129,933 7,850.054
Lex'gton&East. May
19.022
24.077
91,206
LonglalandRR. une
480,066 444.202 1,897,704
Long Is. System. June
52:^.261
481,799 2,010,238
Los Ang. Term.. _ une
7,479
47.974
9,160
Louis.Ev.&St.L. 3d wk J uly
27,818
31,513
885,105
Lou.H. &8t.L.. 4th wk J'ne
lH,-72
11.849
274,732
Louisv.&Nashv. 3d wk July 497 060 421,940 13,271,848
Macon ABirm.. une
6,'280
2,871
30,813
Manlstlque
10.649
42,2-<l
June
8,691
IMexlcanCent.. 3d wk July 307,324 239,434 8,251,437
Mexican Inter' 1. May
362,043 270.50
1,891,333
tMex. National 3d wk July 126,847 112,923 3.78V),73
Mex. Northern. May
44,352
355,059
66.586
IMexicanR'way Wk July 8
76.5.10
72,800 2,402,4'»0
13,-291
Mexican So
13,170
4 9.317
Istwk J uly
Midlaurt Term'l. May
37,303
53,37/
Mlnneap.& St.L. 3d WK July
33,'*59 1.384,624
48,661
M.8t.P.&S.8t.M. 3d wk July
66,123 2,144.196
90,336
Mo. Kan. & Tex. 3d wk July 210,298 183,122 5,640,296
Mo.Pac.&IronM 3d wk July 473,000 440,000 13,836,551
26.001
Central Br' ch. 3d wk July
25,000
588.377
Total
3d wk July 498,001' 466.000 14,424,928
Mobile ABirm.. June
27,321
23,409
178,883
Mobile* Ohio.. June
415,300 308,276 2,473,700
Mont.&Mex.G'f. Juue
609,:il6
92,400 118,058
Nash.Ch.&St.L. June
452,530 422,286 2,^94,171
NevadaCentral. May
1.699
6.164
8,792
N.Y.O.&H.R.. June
4,080,897 3,520,813 22,552,029
N.Y.Ont.&W.. 3dwkJuly
86.699 2,442,162
98,651
N.Y.Susq.&W. May
932.0
183,647 186.442
Norfolk & West. 3d wk July 278,488 209,240 6,632,432
North'n Ala.Ry. April
13,722
17,366
71.565
Northe8'n(Ga.). May
4,991
4,294
29.733
North'nOentral May
556,065 492,365 2.56^692
North'n Paoiflc. 2d wk July 562.381 448,295 12,520 332
Ohio River
21,163
3d wk July
24,839
551,331
Ohio Southern January...
75.Vi58
62,323
75.258
Om.Kan.C&E. IthwkJ'ne
10.253
6.742
Omaha & St. L. itb'vkJ'ne
10,465
8,471
Oreg.RR.&Nav. 2d wk July 133.321 127,865 3,420.675
Or eg. Sh. Line.. May
690,013 554,312 2,893,681
Pac. Coast Co.. May
43i.952 432.060 1,929,471
Paoiflc Mall
May
303.937 326.330 1,519,190
Pennsylvania^. June
5,766,735 5.248,435 33,148.911
Peori8J)eo.&Ev. 3d wk July
14,203
16,582
433,180
Phna.& Erie... May
454,476 391.611 1,658.271
Phlla.&Read... May.
1,89^,702 1,697,546 8,989,929
Coal& Ir. Co. May
1.449,570 1,802.850 9,087.150
Tot. both Go's. May
3,349,272 3,500,396 18,077,079
Phll.Wilm. &B, May
1.031.058
886,658 4,049.194
Pitts. C.C.&St.L June
1,457,389 1,176,630 8,116,260
Pltta.Lisb.&Wn June
3.838
3,384
21,895
Pitts.Bes.&L.£. 2d wk July
42.107
30,996
722,890
Pitts. dkWes'n.. 3d wk July
42,360
32.201 1,014,316
Pitt8.Cl.&Tol. 3d wk July
21,282
18,905
505,182
Pitts. Pa. & F. 3d wk July
111.009
8,507
216,330
Total system 3d wk July
73,651
59,612 1,741,924
Plttsb.Yo.&A.. January...
76,676
82.372
76,676
Rlcu.Fr'Ksb&P. May
112,505
100,561
378,116
Rio Grande Jet. May
37,964
33,159
136.297
RioGrande So'n 3d wk July
8,400
245.830
6,604
RloGr'de West. 3d wk July
64,100 1,817,212
64,900
Sag. Tusc. & H. June
13,574
11,356
62,288
St.Jo8.&Gr.I... 3d wk July
22,921
35,114
690,445
St.L.Chl.&St.P. Jun3
29,592
23,647
164,126
St.L.Ken'et& So June
7,300
5,246
40,390
8t.L.&SanFraii. 3d wk J uly
123,185 118.069 3,856,172
St. L. Southwest. 3d wk July
103,700
87,700 2,916,052
StPaulADol.. June
117.743
158,461
795.740
San. Ant. AA.F May
136,503 129.210
6;j2,036
San Fran. &N.P June
90,240
65,944
413,122
S. FePres.&Ph. 2d wk July
11,545
15,072
471,660
Sav.Fla.<fe West. April
267,773 271,810 1,242,173
Slier.Shrey.&So. 4th wk J'ne
9,465
5,184
150,198
SU.Sprs.O. AQ. April
30,819
18.240
104,186
Sioux O. <teNor. April
19,100
18.587
102.031
So, Haven & E. June
4,500
3,099
16.25b
1
I
S
May
A(UrondaoK
14,123
Ala. Ot. South.. 3d wk July
April
Ala. Midland..
Ala.N.O.iTex. Ptio. Juno.
N on. & N. E 4thwkJ'ue
Ala. & Vlcksb 4thwkJ'ne
Vlokfl.Sh.&P. 4thwk J'ne
Allegheny Val. June
3d wk July
Ann Arbor
36232
55,602
77,941
16,567
31,414 |1,00 ,843
252,710
61.697
95,916
928,2.59
257,644
690,731
783,553
41.000
334,612
344,158
19,000
330,675
316,897
i 0,000
l,268,*i22
265,713, 221,764 1,414,1 6
787,968
21,b52
855,00
26,425
49,118
53,45 <
7,586
8,964
Ark. Midland... May
3.420,8471 3,289,470 16,205.9.i3 15,787.838
Atoh.T.&S.Fe.. May
543,708
712.420
158,1-9 119,58Atlanta & Char. April
151,970
177,448
30,767i
23,077
Atl.Knox.&No. June
233,638
49,241'
252,179
41,5 14
AtlantaA W. P. May
15^>,214
162,687
159,214' 162,687
Atl.C'BtLlneS.C January...
203,195
218,568
11,117
16,634
Atlan. &Danv.. IstwkMay
52,380
53,094
9,542
11,004
Anatln&N'wesi May
2,49 7.954 2,403.371 13.653,512 13,628.378
June
Bait. AOhio
128 ,60 J 118,511 3,541,973 3,732,456
Bal. &0.8ou'w 3d wk July
1.W67
9,249
8,579
1,403
Bath & Ham'nds May
12,880
10,136
1,585
1,315
Blr. & Atlantic. June
189,532
197,844
45,950
51,451
Bnmflw'k&West April
75,926 1,945,372 2,034,02d
69,936
Biiff.Rooh.&Pltt .^dwkjuly
294,'^59
216,085
43,497
64,752
Buffalo & 8u8q Mav
9 -',051
62,852 2,351,311 2.054,702
Bur.O. Rap.&N. 2d wk July
418000 14,310,084 13,011,019
543,00
Oa]iadlanPaolfl<: 3d wk July
96,309 120.749 2,890,967 2,761,395
Oent.of Georgia 3d wk July
275,343
246,284
52,440
61,236
May
Central N. E
1,250.656 1.054,067 6,771,459 5,747.815
Oentralof r?J. J.. June
1,410,139 1,474,335 6,364,917 6.062.410
Central Pad tie May
259.911
265,482
52,226
55,997
Oharlest'n&Sav April
72,098
72.098
70,787
70,787
Chas'n&W.Car. .January...
1.392
1,819
Chattan'ga So.. 3d wk July
:^dwk July 244,818 228,541 6.446,916 6,394.990
Ohes. <teOhlo
3,424,624 3,551.598 16,315.405 16.658,802
Ohio.Bur. &Q... May
89,931
86,331 2,493.626 2,241,047
Ohlc.&Kast.IU. 3d wk July
103,434
85.020 3 228,958 2,847,960
Ohio. Gt. West'D 3d wk July
66,386 1,931.123 1.729,107
78,397
Ohio. Ind. &L. 3d wk July
Ohlo.MU.&St.P 3d wk July 784,479 568,259 20,339,210 17,466,745
3,635.304 2,995.883 18,499,373 16,994,655
Ohlc.&N'thw'n. June
415,216
425,251
75,480
50,974
Ohlc.Peo.&8t.L. June
1.646,658 1,706,625 7,829,523 8,036,246
Chic.R'k I. &P.. May
8b0,082 614.141 4,595,803 3,724,546
OhicSt.P.M.&O. June
636.102
679.337
24,539
23,836
Ohio.Ter.Tr.RR. 3d wk J uly
939,786
41,353
33,821 1,127,939
Ohio. &W. Mich. 3dwkJuly
701,121
*95,111
778,278
*59,77t)
Ohoc.Ok.&GuLf. June
30,727
27,393
4,«69
5.763
Oln.G.&Ports'tb June
399,979 411,04-: 2,219,973 2.188,242
01n.N.O.&T.P. June
126,874
140,559
26.944
25,606
01n.Port8.&Vlr. Juue
18,58b
317,150
341,807
18,690
Olev. Ak. & Col. 3d wk May
333,158
327,174
58,839
61,661
Olev.Can. &8o.. June
01.Ctn.Ch.&8t.I. 3d wk July
289,5 i9 264.474 7.750,3rJ4; 7,692,676
924,019
930,806
174.698 162.008
Peo.&East'n Juue ..
799,674
918,039
36,367
27.922
01.Lor. (feWheel 3d wk J uly
801,270
763,037
184.944 124,05)
Col. Midland.... J une
1,939.783
66,820
Colorado &8o.. •.?d wkJuly
432,857
16,2^3
426,380
17,990
Col. Sand'y & H 3d wk July
May. ..
6.296
1,201
5,347
1,422
OrystaL
321.640
320.951
73.047
64, ='82
Oumb'l'd Vallev May ..
Oenv. & Rio Gr 3d wk July 147,300 152,700 4.818,130 4,282.534
813.662
28,667
766,140
26,377
Det.G.Rap. <feW 3d wk July
293.990
232,014
66,532
51,747
Det.& Mackinac May...
886,251
46,033
36,^86 1,081,815
DtQuthS.S.&AtJ IstwkJuly
856,909
754,923
144,038 108 690
JElglnJol.&East. June ..
May...
2,992,759 2,h26,328 13,157.727 12,766,698
rie
4,749
22,228
4.705
21.585
ICareka Springs. May...
175.223
7,096
161,427
6.036
ETanB.&Ind'pIlt 3d wk July
27,803
707.598
668,322
21,982
Bvansv. <te T. H 3d wk July
48,fi04
10.260
7.260
39.308
Find. Ft.W.&W June ..
58,422
48,763 1,769,417 1,579,987
»Unt & P. Marq 3d wk July
51,364
Fla.Cent.& Pen. 2d wk July
63,009 1,483,578 1,610,069
24,013
22,492
712,342
641,020
Ft.W'th&Den.C 4thwkJ'ne
252,317
rt.W.<feRio Gr 3d wk July
7,517
5,456
243,602
637
4.287
590
3,645
eade. & Att. U June ..
25,595
826,247
790,661
2d wk July
26,478
Georgia RR
82.630
577.931
587.214
81.810
QeorKla <si Ala June ..
87,105
466,306
482,217
95,786
8«o. So. & Fla June ..
42,69 k
181,661
GilaVal. G.&N. May. ..
43,839
34,300
971,765
845.285
er.Rap. &lnd.. Istwk J'ne
Cln.K.&Ft.W. Istwk J'ne
9,284
200,348
184,674
7,331
798
675
19,985
Traverse City. Istwk J'ne
16.981
2,910
49,182
2,318
49,925
Mas.G. R. &I Istwk J'ne
56,831
44,624 1,241,278 1,096.864
Tot allUnes. Istwk J'ne
Gr.Tr'nk Syst'm 3d wk July 491,133 419,991 13,414,540 12,653.243
Ohlc.&Gr.Tr. Istwk J uly
65,996
6 7,660 2,000,212 1,920,391
Det.Gr.H.<)iM. Istwk July
25,000
461,505
442.322
19,895
Great North'n—
l,608,670; l,423,'i57 8.496,124 7,858,774
St. P. M. & M. June
716.878
229,550, 110,135 1,105,472
East of Minn. June
910,225
998,713
155,252 157,461
Montana Cent June
1,993,472 1.691,253 10,511,821 9,574,365
Tot. system June
3,418
161,151
88,102
6,062
ePUB'imit<S(K.O 2d wk July
4,439
17.694
18,670
4,515|
Gulf & Chicago. April
52,226 1,658,148 1,411,673
83,359
Hocking Valley. 3d wk July
3.309
54,507
4,1371
54,689
H0OB.Tan.&WU. December.
271,476 208.808 1,448,684 1,305,137
Hoiu.&Tex.Oen May
2,307,59 2 2,137584 13,693,732 13,230,519
lUlnols Central' June
41,370
36,28 7
118,585
115,525
Iiid.Deo.&WeBt. March
8H.102
67,022
425,120
386,229
Ind. 111. & Iowa. May
51.997 1,853,351 l,t01,711
62,291
I]i30t.North'ii. 3d wk July
57,400 2,032 100 1,713,590
72,300
tinteroo. (Mez.) Wk July 8
29,015 1,141,488
988,414
41,500
Iowa Central... 3d wk J uly
5.3S5
4,044
27,603
25,741
..
Iron Ball way... June
84,193
100.109
95,944
33.498
Jack. T. & K. Vr March
11.44<»
10.223
345.092
300,720
Kanaw'a<feM1nn 3d wk Jnlv
.
. .
.
49,000
20,000
20,000
i
S
2,513.448
796,703
173,427
131,001
1,304.218
252.644
1,820,717
178.385
8.429,586
6,414,923
88.064
1.837,542
1,936,984
.
39.090
609,529
234,443
12,146,638
26,142
59,654
7,362,831
1,394,044
3.326,692
228,793
2.166.000
352.561
1,105,274
2,008,563
5,480,117
13,543,170
718,262
14.261,432
182,033
2,072,217
756,673
2,735,720
20,340
21,761,142
1,963,302
863.827
6,068,713
64,819
28,924
2,505,192
11,771,144
491,604
62,323
3,513,769
2,452,149
2,292.512
1,750,550
31.363,311
420,629
1,515.004
8,280,407
7,931,567
16,211,974
3,766,194
7,539,284
22,096
560,532
953,476
578,307
195,558
1,733,661
82.372
356,419
138,497
240,832
1,719,147
54.057
630,432
158.741
29,458
3,626,936
2,644,548
687,597
761,583
368.932
419,982
1,152,807
126,453
62.495
78.586
12,456
So. Paoiflc Co. -
Oal.Har.& S.A
May
West May
Morgan'sL&T May
Louis' a.
N.Y.T. AMex May
Tex. &N. Orl. May
Atl. Prop'tes.a
So. Pao. ol Cal
So.Pac.ofAriz
So.Pac.ofN.M
Paclflc system
Total of
all. 6
May
May
May
May
May
May
3d wk July
560,168
111,622
570,536
20 524
164 485
,4l.'=.,342
301,696
177,927
W.Jersey&Sea'e May
W.V.Cen.&Pltte May
jyestVa.A Pitts. April
Western of Ala. May
West-N.Y.&Pa. 2d wk J uly
Wheel. & L. Erie 3d wk July
»ri80onsin Cent. 3d wk July
Wrlghtsv.&Ten. J une
Tork Southern. May
228,850
116 357
30,606
55.481
68,700
36,005
115,886
10,827
7,264
2d wk J uly
3d wk July
Tex.S.V.&N.W. May
Toi.&OhloOent. 3d wk July
Tol.P. AWest.. 3d wk July
Tol.St.L.«SiK.C. 3d
607,930
49J.331
23,341
133.264
1,235,370
2,815,317
102,669
798,059
6,786,010
5,903,128
1,454,499
824,502
15,843,6^7
22,702,852
13,827,170
6,426
110,474
4,081,690
288,322
161.699
3,487,651 3.568.474
1,932,993 4 803,845
wk July
May
2,350.257
99,8 32
L,2:0,436 1,287,185
545,932
2,371
4,311
129,246
5.000
37,586
19,212
40,571
Bontbern By.e..
Stony CI. AC.Mt
Texas Central..
Texas & Paoiflc.
474,441
1,588,761
Union Pao. RR.. May
3d wk July 286,743
Wabash
523,364
1,860
4,181
105,273
2,700
26,587
14,988
4Z,467
1,479,576
250,824
183,750
95,986
35,086
48.166
54,403
25.401
92,479
5,361
6,236
993,786
518,654
1,006,668
7,449.800
7,818,704
930,028
515,992
96,210
273,659
1,719,999
859,533
2.809,125
62,579
30,785
2,249,970
506,972
2,524,572
126,362
657,848
6,177,969
5,433,006
1,470,630
734,3 78
5,599,082
21,777,052
12,601,098
5,657
137,431
3,825,544
i
963,012
512,872
1,084,673
6,871,673
7,088,541
828,828
473,756
119.251
259,731
1,509,714
773,136
2,616,096
4 ,069
29,500
1
b Ino Includes earnings from ferries, etc.. not given separately,
cludes the Paclflc system and the Atlantic properties, but not the Houston & Texas Central system, c After May 1 Includes South Carolina &
Georgia for both years, d Decrease due to strike at company's mines.
' Figures for June are for the railroad only.
A Ohio So' western. Ohio Valley and Chicago
t Includes Chesapeake
and Texas for both years. Results on Yazoo Branch excluded in
1899 but included in 1898 until July 1.
& Covt Mexican currency.
ers results of Jlnes directly operated east of Pittsburg.
—
.
July
.. .
)
..
THE CHRONICLE.
29, 1899.]
Latest Gross Earnings by Weeks.— The latest weekly earnings in the foregoing are separately summed up as follows
For the third week of July our preliminary statement
covers 59 roads and shows 16 -54 per cent increase in the aggregate aver the same week last year.
<fe
Ohio South we.st.
Buflalo Roch. & P Ittsh'g*
Canadian Pacific
Central of Georgia.
Chattanooga Southern...
1,819
& Ohio
Ohloago <Sz East. Illlnola
Western
Ohio. Great
244.81«
89.931
103,434
Chesapeake
Increase.
9
31.414
21.652
118.511
75.926
418.000
120.749
1.392
228 541
H6 331
35,232
26.425
128,603
69.936
543,000
96.309
Gt. Southern...
Ann Arbor
Bait.
1898
1899.
3d week of July.
85.'
20
Loulsv.
78 397
66,386
Culoaeo Milw. <fe St. Paul
Chic Term. Tranaler ...
Chicago & W. Michigan..
56-!.25<
Sandusky
784.479
24,539
41.353
289.529
36.337
16,263
Denver* Rio
I47.30'i
Chlc.lndiau'lis
<k
Clev. Cin. Chic. &St. L..
Olev. Lorain & Wheel'g..
& Hock'g.
Grande...
Det. Qd. Rap. & Western
Evansv. & Indianapolis.
Evansv. & Terre Haute..
Pere Marquette..
illnt
Pt. Worth & Rio Grande.
i
erand Trunk
Cnlc. & Grand Trunk >
Det. 6d H. & M
>
Col.
28.667
7.09S
27.809
58.422
7.517
<te
Intern'l
&
Gt. North'n
tJentral
Kanawna
<fe
.
<Si
1899.
.
Michigan...
Lioulev.
Evansv.
Lonisv.
& Nash
.
& St. L
51,997
29.015
11 4i9
40.571
9.454
63 837
27,848
421.9 iO
239,434
112,923
33 959
66.123
183.122
440.000
26.000
86.699
209,240
21,168
14,203
59,612
8,400
6i,100
22,924
118.069
87,700
52^,361
105.273
26,587
14,98^
42.467
236 7*3
250 824
307,32 4
126,847
4S.561
Minneapolis & St. Louis.
Minn. St. P. & 8. Ste. M..
Mo. Kansa8& Texas
Mo. Paolllc, Iron Mt. ...
Central Branch
N Y. Ontario <fe Western
Norfolk & Western
Ohio River
Peoria Dec. & Evansv...
Pittsburg & Western. ....
Rio Grande Southern....
Rio Grande Western
Bt. Joseph & Gd. Island.
St. Louis & San Fran ...
Bt. L<>D Is South western..
Southern Railway
90
<& Paoitlo
Toledo *. Ohio Central
&
.
73,6.'SI
6.604
64 900
35.114
123,185
103,700
545,932
129,246
37.586
19,212
.
West'n.
& Kan. City..
Wheeling & Lake Erie..
Pol. St. L.
Wabash
Wisconsin Central.......
Tjtal (59 roadsi
-
.
Vet Increase (16-51
31ti
210,293
473,010
25.000
93.651
278.488
24.839
16,582
Texas
*
.=^2,2261
497
Mexican Central.
Mexican National
Toledo Peoria
419,991
4,818
4,773
10,092
5,990
95,6"()C
""427
'24,440
16,277
3,000
18.414
12,011
216,220
703
7,532
25,055
8.445
1.727
5,400
36,006
25,401
115 886
92,479
7,510550
6,444,334
p. o.)
2,061
71,142
31,133
10,^94
15,485
1,2 26
528
11,202
3,663
76.120
67.890
13,924
14,602
24.213
27,176
33.000
1898.
1899.
2d week of July.
-'ds
<*t. 1
&
Hock'g.
Col. Sanduskv
Fla. Cent. & Penin
Ft. Worth <fe Rio Grande
Kan. City Ft. 8. AMem.
Kan. C Mem. ABlrm
Northern Pacific
Pittsburg & Western
Santa Fe Pr. & Pnoenlx..
Texas Central
Toledo Peoria
& West'n
37,051
207,482
Jan. 1 to May 31
..June
105,908
Georgia a
775,908
Jan. 1 to June 30....
July 1 to June 30.... 1,634.842
282,665
Hocking Valley.a .-June
Mar. 1 to June 30.... 1,005,784
Lehigh Yalley RR June 1,868,316
Jan. 1 to' June 30.... 9,319,595
Dec. 1 to June 30... 11,110,589
Lehigh Val. Coal Co. June 1,541,660
Jan. 1 to June 30 .. 7,850,054
Dec. 1 to June 30.... 9,620,868
151.535
Louis. Hen. &8t.L. b.June
Jan. 1 to June 30.... t ^72,884
July 1 to June 30.... 1531,189
247,625
Minn. & St.Louis.a-.June
Jan. 1 to June 30.... 1,259,112
July 1 to June 30 ... 2,500,004
117,417
Monterey&Mex.G'f..May
May
1,699
Nevada Central
8.792
Jan. 1 to May 31 ..
July 1 to May 31....
26,326
1.228.025
8,538,750
Inc. 551,000
Inc.
195,300
West of Pitts. AE.Juae
luc. 1,560,700
Inc.
823.300
Jan. 1 to June 30...,
64.321
ay
67,837
10,260
Peoria Dec. <S Ev. b
8,763
32.5.356
327.437
64,315
Jan. 1 to May 31
67,620
586.785
506,779
242.S07
173,382
8t. Lotus & San Fr.b. June
Jan. 1 to June 30.... 3,482.175 3.276.722 1,335,016 1,245.665
July 1 to June 30
7,226,662 6,886,467 2,885,471 2,856,358
505,129
398,977
Southern Rallw'y.a.June 2,142.912 1,833,307
Jan. 1 to June 30. ...12,321,731 11,198,858 3,5«8.264 3,194,765
1
to
June
30...
25,353,686
22,688,949
7,997,331
July
6,971,753
18,020
def.461
lexas Central. a .. ,May
18,020
1.748
109.622
110,565
24,98
Jan. 1 to May 31
23,551
430,150
Jane 1,255.285 1,090,560
277,187
Wabash. b
Jan. 1 to June30 ... 6,991,770 6.394,385 1,906,930 1,669.669
14,390 89113,207,859 3,891,760 3,903,079
July 1 to June 30
10,827
def.191
Wrlghtsv. & Tenn..June
5,361
1,789
62,fS79
41,039
Jan. 1 to June 30...
16,126
8.453
July 1 to Jane 30 ...
114,271
90,495
38,665
29,789
11,952
69.248
3,671
2,379
14,03 a
""800
1,796
.
S
7,187.060
«
6,160.165
285 0^0
264.474
15,Ol7
63,001
5,109
64,631
19.121
448,295
59,613
15,072
10.99J
4,2i4
1,896
35,919
10,604
23,407
19,493
51,334
6.533
78.631
20,562
562.381
63,283
14,545
4,311
20,037
44,003
8.313,270
Total i71 'oads)
Set Increase (16-50 d.O
50,492
""iVo
2,594:
7,136,138
1,239.796J
Latest Orots Earnings.
OB088
Eabmimos.
Week or if
IkTon Bedfd & Clev. May
Albany RaUway
Jnne
ft-uisterdam St. Ry.
May
Atlanta Cons. St. Ry. May
Bay Cities Consol
Jane
Slnehamton St. Ry... May
Bridgeport Traction. June
Br'klyn Rap. Tr. Co.—
Brooklyn Heights.. May
Brooklyn Elev. t
May
Nassau Electric
May
. . .
1,441
114,086!
4.181
-.
Decrease.
1,424
13 992
17,443
—
is the same as that for the steam roads
th-at is, the
two columns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
first
'ii",645
3,670i
The following table shows the gross earnings tor the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table
%
1,077,387
20.596
4,476
after deducting taxes.
h Net earninss here eiven are before deducting taxes
* After allowing for other income received, total net in June, 1899,
was $77,085. and from July 1 to Jane 30 $614,180, against $155,557.
t May and June, 1899, estimated.
STREET RAILWAYS AND TRACTION COMPANIES.
23973
Increase.
M
a Net earnings here given are
12,190
5,116
16,000
22.568
1,110,199
1,066,196
Total
""527
62,661
Cln. & Miami Val.. ..
Cin. Newp. & Gov
atiz'ns' (M'ncie.Ind.
City Eleo. (Rome,Ga.)
Cleveland Electric...
Oleve. Painsv. &E...
Oolnmbus St. Ry. (O.)
Denver City Tram.
1,177.132
.
Net Earnings Monthly to Latest Dales.—The table following shows the gross and net earnings of Steam railroads
full detailed statement, including all
reported this week.
roads from which monthly returns can be obtained, is given
once a month in these column and the latest statement of
this kind will be found in the Chronicle of July 22^
1899. The next will appear in the issue of August 19, 1899,
A
,
-Or OSS Earnings.—
1899.
1898
—Net Earnings. —
1899.
1898.
52,221
241,608
35,366
204,928
559.030
87,508
483,488
26,547
156.083
333,814
1,773,235
3.806,250
1,003,388
5,455,010
12,988,097
Roads.
135,211
163,131
AlabamaGt.South.aJune
836,474
896,500
Jan. 1 to June 30....
July 1 to June 30.... 1,816.523 1,741,934
221,764
265,713
Allegheny Valley. b.June
Jan. 1 to June 30.... 1,444,163 1,2G8,622
110.389
May 129,173
Ann ArDor.b
570,<!38
96,024
525,921
31,474
196,415
392.148
616,899
650,426
Jan. 1 to May 31....
Cbesap. & Ohio.a...June 1,085,975 1,0C0.978
Jan. 1 to June 30.... 5,751,139 5,740,790 1,755,775
July 1 to June 30.. ..12,009,839 11,788,557 3.932.455
Ohic. M. &St. P.a..June 3,395.980 2,746,323 1,13),523
Jan. 1 to June 30.... 17,980,281 15,769.381 5,840,553
July 1 to June 30....38,310.632 34,189,663 14,347,795
1,257,225
8,483,350
.
1,000
For the second week of July our final statement covers 71
and shows 16-59 per cent increase in the aggregate
over the same week last year.
&
Gr.. May
Lines directly operatedEast of Pitts.A E.June 5,766,735 5,218,43S
33,148,911 31,363,311
Jan. 1 to June 30
roads,
dlf'" Cln.C>iio.
Worth & Rio
—
—
Nft Karr.in '
1898.
1899.
1898.
S
*
9
30.123
15.772
8,886
199.639
75,604
67,585
*17,537
86,252
2,536
733,276
227,925
135.377
*493,644
1,616,146
*393,029
229,183
106,676
66,773
880,711
332,486
250,094
37B.470
1,492,659
310,975
8,42y,58e 1,427,288 1,839.614
9,968,699 1,812,431 2,303,696
1,129,933
df.3,828 df 125,402
6,414,923 df.334,46<^ df.321,682
df.420,439
7,834,838
df.395.105
117.018
38,228
7.507
234,443
176,073
49,031
525,459
1150.403
123,470
175,174
77,356
59.159
430,37-2
1,002.916
355,870
2,246,580
977,301
878,665
128,446
26,504
38,412
6,164
def.636
3,850
20,340 def.1,046
8,501
43,898
3.107
13,904
Pennsylvania-
2,290
1,0«0
5,829.659
Decrease due to strike at company's mines.
Prevjoosly rep'd (60
8
Roads.
Ft.
.
.,.=.
Western.
48.763
5.456
83,359
62,291
44,5)0
10.223
8,928
75.039
31.513
E.»n. City Bub. Belt
Lake Erie
21982
491,133
Hocking Valley
Iowa
23,836
33,-21
264,474
27.922
17.990
152,700
26.377
6.036
Decrease.
226
— Or OSS Earnings.
:
Alabama
^
.
Detroit Clti'ns' 8t.Ry.
D«trolt Elec. Ry
Detroit Pt. Wayne &
BeUelsle
Istwk July
June
Herkimer Mohawk 11lon&F'kfortEl.Ry. June
e.ouston Elec. St. Ry. May
Interstate Consol. of
North Attleboro
June
:k^lng8ton City Ry
June
Lehigh Traction
June
Lima Railway (Ohio) June
London St. Ry.(Can.) Juae
Lorain ACleve
Los Angeles Tract...
Mass. Elec. Co.'s ...
Mdw. Eleo. Ry. & Lt.
Montreal Street Ry
Muscatine St. Ry
Newbtu-g St. Ry
BTew London 8t. Ry..
Jf e w Orleans City
. .
Ogdensbnrg
Paterson
Ry
St.
June
44.014
6,906
12.421
32,9d9
32,708
333.453
22,2 ?1
12,33fi
168,822
40.182
56,310
3i,019
164,feOj
$
31,392
299.142
20,182
146,744
38,709
56,953
162,276
510,320 2,387,203 2,201,784
116,880 904,507 612.729
187,145 787,614 772,884
814,315 4,079,324 3,617,397
11,097
49,219
37,984
56,855 325,^92 303,507
18,7.^.1
16,223
5,545
2,572
12,570
11,094
143,762 736,193 639,173
50,623
8,987
41.337
56,502 356,509 328,042
-,
97,663
26,148 651,869 580.122
215,596
7,487
201,174
35,102
31,752
24.311
140,235
118,772
3,404
18 062
2,868
16,658
20,954
84,171
19,459
72,004
13,540
6,561
8,539
68,494
28.175
62,075
29,345
44,533
18,113
47,414
27,479
32,152
7,669
6,774
114,129
11,647
8,821
6.738
3.610
9.791
6.513
8,V24
369 599
134,407
133,165
4,761
6,699
6,060
110,432
1.931
37.841
33,039
99
6ti4
18,7!19
4 740
a.0i2
8.698
13,-i73
May
S
7,950
56,555
4,4 9
35.487
7.242
1898.
91,417
94,624
31,170
433,684
150,263
156,859
4,655
June
June
ay... June
June
1899.
Dale
10:1,321
AprU
April
to Latest
3,739
14.803
10,081
4,778
18.189
9,822
June
June
June
1898.
$
9,361
61,921
4,827
585,758
178,662
211,669
May
976,089
May
12,633
June
63,141
March
6,424
2,754
June
May
160,024
11,224
June
68,636
June
100,682
May
Istwk July 36,992
IstwkJuly
9,065
Oulnth St. Ry.
June
Erie Electric Motor.. March
Galveston City Ry... April
aarrlsbtirg Traction.
1899.
Jan. 1
1,751
43 39.
22445
38,660
39,933
51,265
602,447
795.599
28,431
27,387
21.931
684,293
8,8j7
191.130
530,248
694,951
27,103
26,980
21.104
678 175
7,739
172001
——
J
THE CHRONICLE.
226
Earnings.
Week or Mo
Bioliinoiid Traction..
Boxb'h Ch.H.A Nor'B
Bohaylkill Val. Trac.
doranton & Carbond'f
Soranton & Plttston
80 ran ton Railway
Staten Island Eleo..
Syraouse Rap. Tr. Ry
,.
Toronto Ry
Twin City Rap. Tran
(N. Bedford)..
U'tdRy8.Eleo.(Balt.)
Union
United Tract. (Pitts.)
Dnited Tract. (Prov.;
Unit. Trac. (Reading)
Wakefield* Stone....
West Chicago 8t. Ry
Wilkes &Wy. Val....
1
*
Jan.
Latest Gross Earnings.
Gross
1899.
1898.
1
toLatestDate
1899.
1898.
June
16,847 13,699
34,151
38,855
8,89iJ
10,729
12,349
11,624
4.564
4,459
March.
2,743
April
2,783
4,593
4,900
AprU
179,010
34,930 31.856 188,848
June
64,743
67,016
18,869 15,783
May
145,207
40,110 36,687 160,758
April
100,063 85,1 19
June
201,967 171,505 l,15i',356 1,005,035
June
87,268
100,599
20,413 15,782
June
341,340 313.038
April
736,266
148,181 140,541 784,051
June
5Z4.951
574,371
I54,72r> 133,995
April
92,770
23,'^ 42
99,758
24,473
June
19,157
19,531
4,861
5,204
Mrty
3dwk J'ne. 86,7.S9 80,696 1,885,100 1,784.064
194.745
47.469 42,421 204,840
May
May
These figures include results on Bridge Division.
Strike in June, 1899.
Street Railway Net Earnings.—The following table glvts
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street railways, we a(iopt 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 Chroniclb
The next will appear in the issue 0I
of July 22, 1899.
August
—
19, 1899.
erott Marnxngi.
1898.
1899.
.
Roads.
Cent'l Crosstown (N. Y.)bApr. 1 to iune30....
Jan. 1 to June 30
Dry Dock E. B. & Bat. bApi. 1 to June ^^0....
Jan. 1 to June 30
Lorain & Cleve. Ry.June.
Jan. 1 to June 30
Muscat'e El. Ry., la June
Jan. 1 to June 30....
July 1 to June 30
Utica Belt LineJan. 1 to June 30
,
.
Ae« Marmngi.
1899.
1898
S
158.039
296,640
149,P50
288,350
50,216
84,136
50.338
91,116
162.088
307,517
163,075
322,108
6,543
27,479
4,761
27,103
55,477
47.668
72,756
4,988
20,260
1,025
7,265
18,855
44,326
84.955
3,570
13,149
1,410
7,787
15,841
89,241
31,909
13,503
8,698
39.938
4,655
28,431
58,617
98,881
$
ANNUAL R EPORTS.
Chicago
& North
TVestern Railway.
("Report for the year ending May 31, 1S99.J
The annual report was received this week too late for extended notice, but will be published with the usual fulness
next Saturday. In the meantime the following is given:
CHICAGO & NORTH WESTERN PROPER.
1898.
1897.
1899.
1896.
Year ending May SX.
5,031
Averagemilesoper..
5,076
5,071
5,031
Passenger earnings. $8,067,627 $7,256,299 $6,963,578 $7,408,827
28,15^^,677
Freight
Mail, express, Ac...
1,793,010
27,035,105
1,759,156
22,236.612
1,777.053
24,354,622
1,725,312
Total earnings.. $3 8,016,314 $36,050,561 $30,977,243 $33,488,761
$23,658,042 $22,643,879 $18,877,089 $20,373,402
1,170,672
1,102,606
1,061,732
1,075,569
Oper expenses
Taxes
Total expen8e8.$24,828,714 $23,746,485 $19,938,821 $21,448,971
$13,1 87,599 $12,304,076 $11,038,422 $12,039,790
(65-31)
(64-37)
P.c.exp. to earnings
(64-50)
(65-87)
1,064.615
Investments, etc... 1,370,892
964,310
671,638
Net earnings
Total receipts.. $14,558, 491 $13,368,691 $12,002,732 $12,711,428
$7,059,150 $7,096,285 $7,115,701 $7,122,356
Dividends
3.523 270
3,519.823
3,518,650
3,517,057
Sinking fund, etc...
340,745
517,260
196,413
220,990
Interest on debt. ..
.
Total di8bur8m't$10,923,265:$ll, 133,368 $10,830,764 $10,860,403
Balance, surplus... $3,635,366 $2,235,323 $1,171,968 $1,851,025
—V.
to July, 1899, are £11,500 "A" and £45,600 "B," together
£57,100. The available balance of capital account remained
at the close of the fiscal year in vested in $40,000 first mortgage prior lien bonds of the Mexican National RR,
As regards the suit pending in the Chancery Division of
the High Court of Justice for a decree to sell the pledged
Mexican Government subsidy bonds, a decree was rendered
adverse to this request, but an appeal has been taken therefrom. The penalty at present in force upon second mortgage
bonds to be deposited with this company is as under: £1 per
$1,000 "A" bond and £4 per $1,000 " B" bond, in addition to
the assessment of £1 per $1,000 bond, but the directors
" If the outreserve the right to increase this penalty.
standing holders of $2,244,500 'A' bonds and $1,698,500 ' B'
bonds who have not joined this company would do so, the
progress of the undertaking would be very largely facilitated.
Their abstention is a serious hindrance to many desirable
measures.
The directors on Aug. 1 5 last invited from the
holders of this company's certificates an assent to certain
proposed modifications in the deed of trust. The holders of
over 68 per cent of the certificates gave their assent, but the
directors did not feel justified in acting without the assent of
a much larger proportion. In many cases holders objected
to assent because they were also the holders of first mortgage
prior lien bonds, and were unwilling to take any steps which
might facilitate a forced reduction of the interest thereon."
—V.
65, p. 516.
Calamet & Uecla Mining Co.
year ending April 30, 1899.
President Alexander Agassiz says
"The price of copper has varied from 12 cents to 18J^ cents
per pound. It is now 183^ cents.
"During the past fiscal year there have been paid three
dividends of $10 each and one of $40, including $30 from sur-
fReport for the
.
$
$
[Vol. LXIX.
69, p. 78.
Mexican National Railway (Depositary) Company.
{Report for the fiscal year endina March 31, 1899.)
The report says that during the year there have been deposited with the company $110,000 Mexican National RR.
"A" bonds and ^43,000 "B" bonds, making the total of bonds
:
plus cash.
"Owing to the high price of copper we have since the bs'
ginning of the year considerably increased our product. But
it may not be for the interests of the mine to continue this
large temporary production for any length of time; it is
warranted by the present high price of copper.
"The openings under ground have been pushed vigorously,
both in the conglomerate and in the amygdaloid belts. At
the south end of the mine the character of the conglomerate
lode has materially improved; should the change continue in
depth it would greatly lengthen the life of the mine. No. 13
shaft on the Osceola amygdaloid has reached a depth of over
1,000 feet; the two others (14, 15) have a depth of 900 feet.
Our openings on the amygdaloid belt are now sufficiently
advanced to warrant equipping Nos. 13, 14 and 15 shafts
with adequate hoisting plants, and to make provision for the
corresponding increase in our boiler plant, railroad equipment, stamp mill, sand wheels and pumps. This we hope to
complete by the fall of 1901.
"Twenty-five years ago we were hoisting 800 tons a day
from an average depth of 800 feet along the slope of our
shafts.
The average for a day in April, 1899, was 5,206 tons
raised 3,800 feet along the slope, equivalent to 12,362,250 tons
raised one foot high, or thirty times as much work is done
in 1899 as in 1874.
In 1874 we employed 1,616 men; in 1899,
The comparative cost of this work was as 30 is to 9.
4,706.
During the past year we have built thirty-five houses for our
men and two for the officers, and a new oil house has been
erected on the mine location.
"The foundations for our second coal dock at Torch Lake
are ready for the superstructure. Tbe main cut of the Torch
Lake Canal has been dredged to a depth of twenty-one feet a
length of nearly four miles. It will now need only widening
at some points, and a system of lighting similar to that on
the Government canal through Portage Lake, to enable us
to pass the largest vessels navigating the Great Lakes to our
docks."
The
results for four years
collected, £1,328; London office expenses, £1,659; income
tax, £32; other payment, £21, together £3,140, leaving available £63,069, from which a dividend was declared upon the
£2,263.375 "A" certificates at £2 15s. 8d. per cent, absorbing
£62,997, leavfbg to be carried forward £72. The total amounts
of certificates redeemed by the operation of the sinking fund
have been as follows
:
OPERATIONS, DIVIDENDS. ETC.
1898-9.
1897-8.
1896-7.
1895-6.
Refined copper produced,
tons
44,450
45,194
46,236
42,776
Priceof copper, cents, per Ib.l2®18i3
11®12
10ifl@12
9%®12
$70
Total dlvi'ds (per $25 share)
$40
$30
$25
Amounting to
$7,000,t00 $4,000,000 $3,000,000 $2,500,000
The assets and liabilities on April 30 are reported as follows:
.
and Matheson certificates acquired: $9,081,000 second mortgage "A" bonds out of $11,401,000 "A" bonds; $9,687,000 second mortgage "B" bonds out of $11,401,000 "B" bonds, in all
$18,768,000 out of $22,802,000 total of the railroad company's
second mortgage bonds issued and outstanding, against
Assets—
which there are outstanding the company's certificates as Cash at mine
under: £2,263,375 "A" certificates, £1,899,200 "B" certifiSince March 31 last there have been further deposcates.
ited with the company $74,500 "A" bonds, $14,500 "B"
bonds and $1,000 Matheson certificates. The dividend declared by the Mexican National RR. Co. upon its second
mortgage "A" bonds for the year 1898 was at the rate of Z%
per cent, and such dividend (£65,302), together with the balance from last year, thp arrears of interest on Matheson certificates redeemed (£655), etc., total revenue, £66,109, has
been applied as follows: Sinking fund, 2 per cent on amount
fiscal
ASSETS AND LIABILITIES ON APRIL 30.
1899.
1898.
1897.
$
1896.
$
112,281
15,600
$
172,968
15,000
84,535
15,000
$
80,126
15,000
5,207,798
6,914,696
6,599,427
6,216,092
801,237
353,647
543,336
205,650
322,442
727,311
Insurance fund
Total assets
6,489,965
7,851,651
7,021,405
7,038,529
127,359
27,746
165,843
14,201
84,353
4,535
67,829
13,544
andmine
291,316
Machinery contracts
645,000
Company's aid fund
Cash for add'n8&impr'ts.l,000,C00
258,090
855,000
232,305
562,000
219,000
212,218
699,193
2,091,420
4,398,545
1.293,194
6,558,456
1,132,193
5,889,212
office
Cash at New York office..
Cash and copper at Boston
office
Bills receivable at
Boston
andmine
T
'i
fi tii / /
/-J
p?
Drafts in transit
Employes' aid fund
Bills payable at Boston
Total liabilities
Balance of assets
The capital stock
is
$2,500,000.— V. 68, p. 378.
992,784
6,045.745
July
THE CHRONICLE.
29, 1899.]
Chicago Edisoa Company.
fStatement for year ending Dec,
31, 1898.)
the stockholders at the annual meeting on June 12 voted to increase the capital stock from |5,000,000 to $6,000,000. It is said that perbaps $500,000 of this
will be issued at par to stockholders this fall, aad the other
$500,000 next year. President Samuel Insnll at the meeting
As
stated
Jane
17,
said:
to the increase in the business, your directors
found it necessary to sell $350,000 of the company's first
mortgage bonds during the past year. They deem it, however, desirable that the extensions to permanent plant in the
immediate future should be paid for by funds provided by
the stockholders, and therefore recommended that the capiThe success of the
tal stock be increased to $8,000,000.
storage battery installed in the Adams Street building having been so marked, your directors have ordered that the
building be remodeled so as to provide for further battery
During
installation up to a total of 6,000 horse power.
the past year your directors caused the company to guarantee
the principal of $323,000 of the bonds of the Chicago Sectional Underground Co., and in consideration the owners of
these bonds agreed to accept interest at the rate of 4 per
cent per annum, being a reduction of 1 percent. The payment of the interest on all the Chicago Sectional Underground Co. bonds (but not the principal) was guaranteed by
Power Co., to whose obligations in
the Chicago Arc Light
that respect this company succeeded upon the consolidatioa
in 1893. There are $37,000 of Chicago Sectional Underground
Co. bonds still outstanding, on which interest is guaranteed
at 5 per cent per annum, through the consolidation, but
their principal is not guaranteed."
The tabulated statements of earnings and balance sheet
was given in the Chronicle of May 20, page 973.— V. 63,
p. 1180.
"Owing
&
Frank Jones Brewing Company, Limited.
^Report for year ended Feb.
The report of the directors
Chairman, and says:
is
28, 1899. J
signed by E. Murray Ind,
first call,
the subscriber agreeing not to sell his stock
The " Pniladelphia Finan1, 1900.
under l^i^ before Jan.
cial
News"
says:
The proceeds from ihe sale of the common will provide working
capital and funds to pay for the stocks of the raw and finished products which the companies have on hand. There are no underlying
bonds or leases, and there will be none on the new company. The
plant of J. H. Sternberg & Son has been in operation some thirty
years, and the Pennsylvania Bolt, & Nut Co., whose capacity is equal
to nearly one-half of the consolidation, has also been running for a
considerable period, and all are stated to have been rotitable concerns. The aggregate capacity is about 130,000 tons per annum, of
bar iron, and the Penna. Bolt & Nut Co. and the National Bolt, Nut
Rivet Works make bolts, nuts and small forgings such as are used in
car work. While some of the other concerns have simply made bar
iron, it is figured that the combination will be abK on its present
capacity to turn out all the iron it needs and a surplus besides, so
there will be no need of going outside.
The directors of the American Co. will be mainly representatives of
ths old companies, including James Lord and H.H. Light, of Lebanon;
Arthur Brook and Horace Brock, or Philadelphia, and J. H. Sternberg
and C. W. Wrlhelm, of Reading.— V. 69, p. 178.
i
&
American Spirits Manufacturing
—
serosa profits in
GENERAL INVESTMENT NEWS.
Co.
Protective
Commit-
tee— Deposits till Aug. 4. In order to atford foreign shareholders an opportunity to deposit their holdings with the City
Trust Company of New York, under the terms of the Protective Agreement dated July 12, 1899, the Reiss Committee
has agreed to extend the time for deposit of stocks until
Aug. 4, 1«99.— V. 69, p. 128.
American
Switcli
Qo.— Incorporated. -This
company,
with authorized capital stock, $11,000,000, half of which is
to be 6 p. c. cum. preferred stock, was incorporated at TrenWilliam A. Doyle
ton, N. J., on July 25. Incorporators
of Chicago and Edward Schiprson and Benjamin C. Van
Dyke of New York. Mr. Van Dyke is with Flower & Co.
and Mr. Schierson is Auditor of the Federal Steel Company.
Mr. Doyle is a Chicago lawyer and the attorney for the company. The combination include the leading manufacturers
of switches and frogs for steam railroads located in various
parts of the ijountry as below
:
:
Ramapo
Iron Works.
Cleveland Frog & Crossing Co.
Ajax Forge Co.
Carlisle Manufacturing Co.
Paige Iron Works.
Pettibone, Mulliken
America, with interest [£576] and rents receivable [£ 191] added, amounted for the year to £74,223. Repairs and
renewals ot properties have cost £11,800, and in addition the sum
of £4,321 has been reserved for depreciation. After deductinir these
amounts and the remuneration of the Managing Director [£5,141]
and other expenses in America [£884], also the net
London e^rpenses
the net trade profits t amount
[£3,475],
Adding to this interest on investments, &c.,
to
£48,602.
£832, the sum of £49,434 is obtained, which represents the
The surplus,
net profits from all sources during the year.
after paying £^5, 000 as debenture interest, is £24,434, to which is
added £3,795 net brought forward from last year's accounts, and
£^,000 taken from the general reserve fund, making the total balance
a,vailable £30,228. Dividends at the rate of 7^ per cent for the year
have been piid on the preference shares, amounting to £30,000, leaving £229 to be carried forward to next year's account.
The year's sales of ale and porter were 237,427 barrels, as against
222,883 barrels last year, showing an increase of 14,544 barrels for
the year. The hopes expressed in the last report that the «1 extra
war tax would not seriously affect the profits of the company have
not been realized, and the reduction of $1 per barrel made in the selling price of the company's ales on May 1, 1897, must oontiaue seriously to affect the net prodts earned (as compared with those realized before that date) at all events until a very largely increased output is sold from the breweries.
The common stock is £400,000, preferred stock, £400,000;
first mortgage 5 per cent debenture bonds, £500,000.
The
the
227
&
Weir Frog Co.
Modern Frog & Crossing Works.
Johnson RR. Frog & Crossing Co.
Eliot Frog & Switch Co.
New York Frog & Crossing Co.
Co.
The
capitalization provides for the acquisition of the above
properties, the construction of a large new plant in Jersey
City to cost a million dollars, and will leave the company
with a working capital of about $1,000,000. The financing
of the new company will be conducted by Flower
Co.
&
American Waltham Watch Co.— iVei« S^ocA;.— The direcmeet on Aug. 18 to declare the regular
tors, it is stated, will
semi-annual dividend, the extra of 1673 per cent, and to act
on the proposed stock issue. The stock Holders will meet on
Sept. 1 to ratify the stock issue. The " Boston Financial
News
"
says
the arrangement for issuing the new stock, giving one share for
three, and by the declaration of the extra dividend, stockholders will
be able to get the new stock at actual net cost of $oO per share. Proceeds of new stock are to be used as directors may deem advisable
presumably to retire debt. Business of the company is better now
tban in many years. About 2,400 hands are employed, and by the
introduction of new labor-saving machinery and other economies
more movements are now being manufactured than when the company employed 3,000 hands. -V. b9, p. 128.
By
American Writing Paper Co.— JVajis/er Completed.— Of'
The deeds to all of the companies' constituent properties were acquired on .July 25 and the properties paid for.
In addition to the mills recently named the company has
acquired the Wauregan Paper Co. of Holyoke. Executive
ficers.
—
committee: George B. Holbrcok, President of the Beebe
&
Alabama Consolidated Coal & Iron Qa.— Official State- Holbrook Co., Holyoke, Mass.; W. N. Caldwell, Treasurer of
ment — Oncers.— Kichard H. Edmonds, who assisted in the the Riverside Paper Co., Holyoke, Mass.; Clarence H. Hardorganization of the company,
is
quoted by the Baltimore
"Sun" substantially as follows:
The company was organized [July 19] under a New Jersey charter.
The capital is $5,000 000, of which $2,- 00,000 will be cumulative 7
per cent preferred stock and $2,500,000 common stock. The directors
will be John E. Searles, Abram 8. Hewitt, T. G. Bush, John Skelton
Williams, J. W. Middendorf. Richard H. Edmonds, Joshua Levering,
F. M. Jackson and others. Mr. T. G. Bush will be President and Mr.
ing, Secretary of the Harding Paper Co., Franklin, Ohio,
C. A. Crocker, President of Crocker Manufacturing Co.,
Holyoke, Mass.; Aaron Bagg, President of Parsons Paper
Co., Holyoke, Mass.— V. 69, p. 128.
Baltimore & Oliio RR. Improvements on Soiithicestern
-The improvements on the Baltimore & Ohio
John E. Searles Vice-President.
Southwestern RR. between Parkersburg and East St. Louis
The company acquires the Clifton Iron Co., the Standard Coal Co.. are being pushed rapidly to completion. Seventeen thousand
the Mary Pratt furnace property in Birmingham, the Gate City properties adjacent to Birmingham and the Gadsden furnace and ore lands tons of 85-lb. steel rail nave been placed in the track and
at Gadsden. The total property includes 70,000 acres of land and there are still 25,000 tons to come, delivery being delayed on
Division.
four furnaces, with a combination of ores and coking coal probably
not equaled by any other company In Alabama. The organization of
this great enterprise has been effected through the International
Trust Co. of Baltimore."
account of rush of orders at the mills. The company
has also ballasted 125 miles with gravel and expects to
ballast 200 miles more during the season. It is hoped by
"Mr. Hewitt thinks that we are to have two or three years fall that the track will rank with the best in the West. Manyof the present great activity in iron and steel before any im- grade reductions and changes in line are also being made
portant reaction comes; that this country is to dominate the between Cincinnati and St. Louis. The purpose is to make a
iron and steel trade of the world and that the South has un- uniform one- half of one per cent grade between Cincinnati
equaled advantages for steelmaking as well as for iron pro- and St. Louis, as well as to eliminate a large amount of obthe line
duction, and thus must become a great power in the world's jectionable curvature. At ore point, for instance,
is to be shortened a mile and a half 360 degrees of curvature
also
iron trade." See
V. 69, page 77.—V. 69, p. 177.
eliminated and seven bridges abandoned. V. 69, p. 128.
American Iron & Steel Mannfactnring Q,o.— CapitalizaBaltimore Belt KR.— Baltimore & Ohio RR.— Notice to
tion, jE^c— This company which, as stated last week, consolidates several iron companies of Lebanon and Reading, will Bonaholders.-Brovfn Brothers & Co., of New York, Philabe incorporated under the laws of Pennsylvania and will delphia and Boston, and Alex. Brown & Sjns, of Baltimore,
issue $3,000,000 of 5 per cent cumulative preferred and inform holders of Brown. Shipley & Co.'s certificates of de$12,000,000 common stock, par §50. The preferred will be posit for Baltimore Belt RR. first mortgage 5% bonds that on
issued as full paid in payment for the properties acquired. and after August 1 they will be prepared to deliver the new
Subscriptions to a limited amount of the common stock not Baltimore & Ohio first mortgage 4% bonds and make payments
taken by stockholders of the combining companies were in cash in accordance with the terms of their circular of
received at $7 50 per share, credited $5 fJaid, the amount of June 30 last.— V. 69, p. 25, 132.
,
—
THE CHRONICLE.
228
Baltimore Brick Co —Officers.— The
H
Bloomington
(III.)
Gaslight
&
Electric Co.— Consolida-
tion.— A press dispatch sajs that this company has been
formed by the consolidation of the Citizens' Gaslight* Heating Co.. the Citizens' Electric Co. and the G-ridley Gas
Works. The capital stock is $400,000. Morris Ullman of
Chicago is mentioned in connection with the deal, which, it
is said, will unite all the lighting plants of Bloomington,
with the exception of the Bloomington Electric Co.
Boston & Albany RR,— Protective Committee.— The stock-
committee consists of Cbas. S. Sargent,
Minot, Chas. E. Cotling, Alfred D. Foster and T,
Jefferson Coolidge, Jr., with Reginald Foster as counsel.
Statement of the Directors.— l>ime of the ten directors
unite in signing a circular explaining to the stockholders the
reasons for approving the lease of the property to the New
York Central. The lease, they say, is " for the term of 999
years from July 1. 1900, at 8 per centum per annum, free of
all taxes now imposed or to be imposed, reserving for your
benefit $4,000,0(0 of property. The reserved property, if
held by the company, it is confidently believed, will yield
one-half of 1 per cent per annum, making an annual income
on the stock of $8 50 a share. If it is eold and divided among
the shareholders it will yield $16 on each share."'
The circular, which is of much length, contains also the
following
The New York Central & Hudson River RR. Co. Is among the best of
guarantors, and the shareholders will have a secuiity which is one of
the safest in the land, a security which will be relieved of all risk of
loss from phybical disasters and from commercial depression, and
holders' protective
Wm.
:
they are assured their regular dividends as long as the lease endures,
together with such other income as may be obtained from the $4,000,OOO retained for their benetit.
One director alone disapproves.— V. 69, p. 178.
Brooklyn & Brighton Beach RR. Receivership.— In the
Supreme Court on Tuesday Justice Stover cf Brooklyn appointed Col. E. L Langf ord receiver for the company in the
action brought to foreclose the second mortgage. He was already receiver in the first mortgage proceedings.— V. 68, p.
1179.
Batte General Elec'ric Co.— Bntte Lighting & Power
—
Keorganization tlan. The reorganization plan says:
Owing to the existence of a large floating debt and the necessity of
making extensive improvements to tbe property of the Butte General
€o.
proposed to reorganize its att'airs. The present com$600,000 of stock, an authorized issue of $500,000 fix per cent bonds, and a floating debt of about $150,000. A new
company will be [lias been] formed under the laws of New Jersey,
known as the Butte Lighting
Power Co., with a capital stock of
$1,000,000 and an authorized issue of 5 per cent 3C-year gold bonds
aggregating $750,000. The property of the present company is to be
sold to the new company (subject to the outstanding 6 per otnt bonds
which are to be a-ssumed by the new company) for $1,000,000 of stock
of the new company. Of the bonds, the proceeds of $500,000 may be
used for retiring said bonds of tbe Butte General Electric Co. now
outstanding, and for the benetit of the new company, the remaining
$250,000 to be issued only for future extensions and additions.
The committee will exchaiige $600,000 of stock of the new company,
share for share, for the stock of the Butte Genera) Electric Co. An
elTort will be made to sell the remainng $400,f 00 of the new stock for
$200,000 in cash, which amount will be uted, first, to retire the floating oebt of the Butte Geueral Electric Co. and the balance for the
Electric Co.,
pany has
it is
outstandiiit;
<.te
benefit of the new company. Each stockholder of the old company is
oflfered the right to subscribe for one share of the new stock, at the
rate of $50 per share, for each one and one-ualf share of stock held by
him. As it IS desirable lor all the stock of the Butte General Electric
Co. to be deposited to carry out the plan, a prompt response is ashed.
The committee consists of W. F. Pope and C. N. Mason
and the depository is the American Loan & Trust Co. of
Boston.— V. 69, p. 129.
Central Foundry Co.— Oncers,— The officers are:
President, John R. Reid, formeily General Manager and Treasurer
Mott Iron Works, New York; First Vice-President and
General Manager, Alfred Fowle, jr.; Second Vice-President and Supervisor of Foundries, Robert A. Regester; Secretary, G. Schumacher;
Purchasing Agent and Assistant to General Manager, W. S. Reins;
Treasurer, W. L. Rogers. V. 69, p. 178.
of the J. L.
LXIX.
Railways & Union Stock Yards.—
first six months of 1899 and
respectively, compare as follows
Chicago Junction
officers are:
President. Joseph R. Wilson; Vice-President, Charlea F. Diggs;
Perot, August Wehr, C.
Treasurer, Horace Slingluff; Directors, W.
H. Claeeen, Richard Cromwell, Jr., Horace SlingluflF, R.C.Meeker,
Robert L. Lawrence. Charles F. Diggs, Frank Donnelly. Joseph R.
Wilson and John T. Stone.
The executive committee consists of Richard Cromwell, Jr.
(Chairman), August Wehr, C. H. Classen, Charles F. Diggs
and Horace Slinglufif. Mr. Nitsch states that he will continue to operate his plant independently.— V. 69, p. 77.
[Vol.
Business.— The receipts for the
1898,
8
:
J/iav.
1899
1898
Horsi.*.
Carf.
66,326
76,861
l.?.%542
4,269,459
Slurp.
1,792,099
1,822,169
-27,228
-30,070
-10,635
-2,485
Cattle.
CiUcef.
Hoiis.
1.J88.359
1,225,607
78,978
74,953
•i.242.231
— 37,2l8
-|-4,025
Change..
The changes,
it
136,027
will be seen, are slight.— V. 68, p. 326.
Chicago Milwaukee & St. Paul Ry,—Cons' lidation ofSubsidiaru Lines. The stockholders will vote Sept. 23 on a
proposition to merge by consolidation the subsidiary lines in
Illinois.
new statute recently went into effect allowing
foreign corporations to own railways in that State, V. 69,
—
A
—
p. 179.
—
Chicago Union Traction Co. Sto^us.- A member of the
purchasing syndicate is quoted as saying: "There is no
truth in the stories that we have been negotiating for the
control of the Chicago City Railway lines at |400 a share or
at any other price or on a 4 per cent guaranteed dividend or
any other basis. We did not take over the lines of the
Chicago Consolidated Traction Co. when we leased the North
and West Side lines, and we are not negotiating for them
now. We have an immense system as it is, and we are trying to find out what it can do before we undertake anything
additional. The question of a change of motive power is
another thing which requires time and careful thought. It
will involve millions of dollars to introduce a substitute for
the cable."'— V. 69, p. 78.
Citizens' Telephone Company of St. Joseph, Mo.- (SJ'-?(?C,000 Bi nds Otiered. The company will offer for sale at its
office in St. Joseph, Missouri, on Aug. 14 at 11 o'clock a. m.
$U'0,000 of its twenty-year gold bonds, bearing 6 per cent
interest, payaUe semi-annually, secured by first lien on all
of its property ar.d franchises. For particulars apply to J. J.
—
Newell.
—
Columbus (Ohio) St. Ry. Called Bonds —Twenty Columbus Consolidated Street RR. Co. firstmQitgage5per cent gold
bonds, dated July 1, 1889, have been drawn for the sinking
fund,
Nos.
3"4
llH
228
646
423
516
153
266
410
507
528
761
156
363
413
50S
6o7
and will be paid at the Central Trust Co., New Yoik, on or
after Jan. 1, 1900, at 110 per cent, together with the coupon
maturing Jan. 1, 19( ($1,125 per bond).— V. 69, p. 78.
Columbns Sandusky & Hocking RM.— Judicial Proceedings. H. M. Butler has been appointed Special Masttr to determine the preferential liens upon the property. His report is to be filed on or before Sept. 25, and exceptions will
be heard by the Court at Cincinnati on Oct. Vi and 13.^
V, 69, p. 78.
Continental Cotton Oil Co. Texas Trust Laics.- Reierring to the despatch from Austin, Texas, that the AttorneyGeneral of Texas is proposing to take action to exclude the
company from the State for maintaining a "trust," Mr.
Buck of C. L. Rathborne & Co. says " In forming the company, the attorneys carefully examined the anti-trust laws of
Texas, and in no particular does this company violate said
laws. The Attorney-General of Texas will doubtless come
The
to this conclusion when he looks into the subject.
American Cotton Oil Co. has been doing the same business
undisturbed in Texas for years." V. 69, p. 179.
Denver City Tramway Co. Franchise Repealed.— At Denver on July 15 the Board of Supervisors, by a vote of 4 to 1,
passed the Currigan Bill repealing the Tramway Company's
franchise of 1885 in so far as it relates to the unoccupied
Mayor Johnson immediately signed the
streets of the city.
measure. The 18b5 franchise is a blanket and perpetual franchise and the question as to whether it is good for the future
purposes of the company is in the U. S. Circuit Court of
Colorado. The " Denver Republican " says
What this community wants above all things in connection wiih
Tramway matters is that there be an end to the wrangle which
disturbs business and retards investment.
This is impracticable as
viz.,
20
44
103
—
:
—
:
war of persecution against the Tramway is continued. It
be presumed that the Tramway will not submit tamely. It will
take the matter into the courts, and through litigation it may be
dragged out for years.
loj g
is to
as the
The company wishes to expend about $500,000 in extensions,
—
Central New York & Western RR —New Stock— Exten- the replacement of cable by electrical trolley, etc., and in the
sion.— The company has applied to the New York State Rail- hope of reaching a compromise had oflfered to consent to the
road Commission for permission to increase its capital stock repeal of the franchise of 1885 in so far as it extends to
from §1,000,000 to $2,000,000 in connection with the construc- streets not now built on, or not soon to be built upon, and to
tion of the Central New York & Northern RR. This latter make other concessions, but to no avail.
Municipal Traction Co. A company with this name and
line it wishes to build from a connection with the Central
New York & Western RR. at Perkinsville, Steuben County, ex- Mayor T. S. Murray as President, was incorporated a few
to Macedon, on the West Shore, a distance of 60 miles, in- weeks ago, with $1,000,000 cf capital stock, and applied to
cluding a five mile branch to Honeoye Lake, in Livingston the city council for a franchise. V. 68, p. 1023.
—
County.— V. 68, p. 871.
Chesapeake Beach Ry.— No Receiver.— At Washington, on
July 25, Judge Bradley of the District Supreme Court denied
the application of Ambrose C. Dunn of New York for a receiver for the property. The railroad company in its answer
stated that $1,( 00,000 had been spent on the line; that it had
no debts, and that Dunn had failed to put $50,000 in the construction company as he agreed to do, and had no interest in
the enterprise.— V.
67, p. 788.
Chicago & Alton RR.— $10,000,000 Bonds Purchased.—
syndicate headed by Goldman, Sachs & Co. has arranged to
purchase 810,000,000 of the new bonds.— V. 69, p. 178.
—
—A
Rights.
sufficient number of
proxies to ensure the authorization of the new stock i3?ue
having been received, it is announced that the right to subscribe to the new shares will belong to the holders of record
July 24. The books will be closed for transfer of stock from
July 24 to July 31, inclusive.- V. 69, p. 79.
Diamond Match
Co.
Electric Vehicle Co. Mr. Astor a Director.— John Jacob
Astor has been elected a director.- V. 69, p. 180.
Federal Steel Co. Dividends.— In view of the necessary
the payment of the dividends recently declared, the
delay
directors unanimously voted on Tuesday to close the transfer books of the company as to the preferred and common
m
—
—
July
—
—
THK CHRONICLE.
29, 1899.]
stock at the close of business that day and to keep them
closed until further notice. They also adopted a by law
fixing as dates for the declaration of dividends the second
"
Tuesdays in March, June, September and December of each
year.
Committee on Securities of the Stock Exchange has ruled
that the certificates of preferred stock issued since July 10
are not a good delivery on the Exchange unless a due bill
for \% per cent reduction in price of June 26, made in
accordance with the rules of the Exchange by reason of
declaration of dividend by said company, be issued in blank
for each certificate of said stock, by the party or parties in
whose name said certificate stands (payable when collected
from the company). Said due bills shall be deposited with
the Secretary of the Exchange, who shall fill in the names of
the parties who are entitled to receive them, and he shall
thereupon stamp and sign each certificate of stock accordingly.
The certificate of stock when so stamped will be a
good delivery. The Secretary will deliver said due bills to
the parties who are entitled to receive them. V. 69, p. 180.
229
The common shares alone have voting power, except in case of failure to pay 5 per cent in any one year on
the preferred stock. The prospectus said:
Tlie first quarterly dividend on the preferred is payableOct. 1, 1899»
and In case of distribution of the assets will take priority over the
common stock for the full amount of principal and accrued dividend
charge. The company has no bonded or mortgage debt and none can
be Inoorred without the written consent of the holders of 75 per cent
of the preferred stock. The average earnings since incori oration
have been more than double the amount necessary to pay the preferred dividend. The real estate, including the store property at
Race, Seventh and Shillito Place, and the factory building at Canal
and Jackeon streets, have been appraised at $9f 3,6^2, and the merchandise, book accounts and other personal property, less liabilities,
at $1,232,154, making a total of $2,215,846, by John D. Hearne,
President Third National Bank of Cincinnati; Henry C. Urner, Secretary and Treasurer Little Miami Railway Co., and William Grirtith, of
common.
Griffith & Sons, builders.
The stock, we are informed, is now quoted 106 asked
the preferred and 102i^ asked for the common.
James
Kansas
Cifj'
& Omaha Ry.— Union Pac
flc
for
RR. — At the
Real Estate Exchange in this city on the 25th inst., A. H.
Muller & Son sold for the receivers of the Union Pacific
Glens Falls (N. Y.) Gas & Electric Light Qi>.- Consolida- $1,595,500 Kansas City & Omaha Railroad Company's first
tion.
This company has been formed by consolidation of the mortgage 5 per cent bonds. The bonds were sold to the
Glens Falls Gas Light Co. and the Glens Falls Electric Light reorganization committee of the K. C. & O. for $638,000,
& Power Co. The new company's capital stock is $250.t)00. being at the rate of 40. Opposition bidding ran the price up
The directors are: Frank S. Butterworth, Walter F. Pea- from $428,000 to the price at which the bonds were knocked
cock and Lewis G. Herckenrath of New York City.
down. Tnere were 17,253i^ shares of stock of the company
Hanover (Mas?.) Street RailTray Co. Consols Authorized. also sold to the reorganization committee for $405. We
The Massachusetts Railroad Commissioners have author- understand the sale was to enable the Union Pacific receivers
ized this consolidated company (see V. 69, p. 130) to issue to close up their accounts and that there is no immediate
$161,000 consolidated mortgage 20-year 5 per cent bonds. prospect of a reorganization of the Kansas City & Omaha.
These bonds are subject to first mortgage bonds aggregating V. 64, p. 567; V. 69, p. 181.
$439,000. The board also authorized the companv to isfue
Lee, Tweedy Co. of New York.— Incorporated. This com$690,000 capital stock, as follows: Not exceeding $602,400 to pany was incorporated at Trenton. N.
.7., on July 24 to sucexchange, share for share. $602,400 stock of the capital stock ceed
to the jobbing and drv goods importing business of the
of the five consolidating companits; not exceeding $87,6(0 to
firm of Lee, Tweedy & Co. The capital stock is §2,000,000,
pay a portion of the floating debt. The payment of this por- half the amount being 6 per cent preferred stock. Incortion of the floating debt is a condition precedent to the issuporators are Charles N. Lee, Frederick H. Lee. John A.
ance of the consols.— V. 69, p. 130.
Tweedy and James Halliday, all of New York. Offices ^6
Hairisbnrg (Pa.) Light Heat & Power Co.— Incorporated and 88 Worth St. and 7 and 9 Thomas St. Frederick H. Lee,
This company was incorporated at Harrisburg on July 17 one of the incorporators, says
with $2,000 nominal capital, to acquire the Harrisburg ElecThe incorporators are the members of the old firm of Lee, Tweedy &
tric Co.— (see v. 69, p. 130).
Incorporators: E. Z. Wallower, Co., and they hold all of the stock. None of it will be litted for two
at least, and probably not then. We believe we are on the eve
W. O. Bishop, H. Cohen, T. H. Heist, E. B. Mitchell, all of years
of a very prosperous business era, and that we can better carry out
Harrisburg, and others. V. 69, p. 130.
views we have in mind by the formation of a stock company.
Haverhill (Mass.) Gas Securities Co.— Purchase.— Xew
Lexington (Ky.) Street Railway.— Jwcrease of Stock
Company. Thomas Nevins, of Orange, N. J., and associates,
The company has filed amended articles of incorporation inrecently purchased all the 1,5( shares ($50 each, total issue
creasing its capital stock from $1,000,000 to $1,500,0. 0.— V.
$75,000) of the Haverhill Gas Light Co. for a sum said to be
68, p. 1077.
The Haverhill Gas Securities Co. has since been
$600,000.
incorporated in Massachusetts, with §500,000 capital, to conLexington (Mass.) Gas Light Co.— Foreclosure Sale Aug. 5.
trol the property.
Its $500,000 bonds are now offered tor
The sale under foreclosure of the mortgage of 1894,
sale, the loan being seciired by a deposit with the trustee of Old Colony Trust Co. trustee, is advertised for Aug 5.
On
the entire capital stock of the Haverhill Gas Light Co. The June 30, 1898, $30,000 bonds and a like amount of stock were
incorporators are: Thomas Nevins, President, Eben H. Gay, outstanding.
Treasurer; Walter TurnbuU and Adrian Riker. For the
Locomotive Smoke Preventer Co.— Xeiv Enterprise.— As
year ending June 30, 1899, the gross earnings were reported stated last week, this company has been inccrporated in Delas $116,700; net (over taxes) $57,800. On Jure 30, 1898, the aware with $6,0U0,000 of capital stock, all common, and in
company's surplus fund was $260,(00 and its notes payable shares of $100 each. The directors are:
$25,0C0.
President, Josiah Quincy, Mayor of Boston; Vice-Presidents, Edwin
Hill's Union BrewingXo.— Union Brewing Co. of New- 8. Cramp, of Cramp Jj Sons, Philadelphia, and Hon. Perry S. Heath,
Assistant Postmaster-General, Washington, D. C: Treasurer,
Compai y—New Mortgage. The Union First
ark. Successor
Geo. D. Provost, of Provost Bros. & Co., banbers. iO Broad Street,
Brewing Co. of Newark has succeeded to the property of the New York; General Manager. Albeit Freeman; James S. Clerkson,
Hill Union Brewing Co. and has made a mortgage to the ex-Postmaster-Geuera'; Wm. Finley Brown, Vice-President Welabach
Fidelity Trust Company of Newark, as trustee, to secure an Light Co Hiram M. Kirk. Attorney. New York; R. E. Door, Publisher "Mail and Express," New York; Fletcher Heath, Continental
issue of $250,000 of 6 per cent gold bonds. Ebenezer C. Hay Tobacco Co.
is President of the Union Brewing Co. and George J. Oberthe front end of
—
—
—
—
—
:
—
—
—
—
—
;
mann
Secretary. —V. 68, p. 772.
Illinois Fuel & Power Co.— Receiver.— In the United
States Circuit Court at Springfield. 111., on July 20, upon the
application of the Farmers' Loan
Trust Co., Judge Allen
appointed Webster B. Stockton receiver of the Illinois Fuel
Power Co. of Sparta. The first and second mortgage bonds
in default, it is said, amount to $120,000.
its
&
&
International Traction Co. yew Bridge —The formal
opening of the new suspension bridge across Niagara River,
connecting Lewiston, N. Y., with Queenston, Canada, took
place July 21. The new bridge forms a connecting link in
the trolley system owned by the International Traction Co.,
which completely encircles the Niagara Gorge from the falls
The
-to the end of the gorge, at Queenston and Lewiston.
new bridge is owned by the Lewiston Connecting Bridge
Co. of New Y'ork State and the Queenston Heights Bridge
Co. of Canada. The two bridge companies in May last had
outstanding or owned by the Traction Company $400,000
stock and $125,000 bonds. (See V. 68, p. 1024.) The cable
span from tower to tower is 1,040 feet, and the stiffening
truss 800 feet long. The width of roadway is 25 feet. The
towers are of stone and 26 feet high on one side of the river
and 18 feet on the other.— V. 68, p. 1024.
John Shillito Co. of Ciicinnati.—. ia/ws. —This company,
incorporated in 1882, under the laws of Ohio, carries on a
wholesale and retail dry-goods business established in 1^30.
Recently its $2,000,000 of common stock was divided into
$1,000,000 cumulative 5 per cent preferred stock and $1,000,000 common stock, shares $10d each.
President Stewart
Shillito for him,' elf, the directors, and others, retained >500,000 of the common stock, and the remainder of the shares
were offered for public subscription through Irwin, Ballman
& Co. of Cincinnati, at 105 for the preferred and par for the
The device consists of a funnel attached to
the locomotive's boiler, from which a draught of air is carried through a coil of pipe and heated hot enough to ignite
the gases arising from the coal in the fire-box. This, it is
claimed, not only entirely prevents black smoke, but by
causing complete combustion saves 15 per cent of the fuel.
On the Southern Railway, where the device has been in use
for some time, the consumption of coal per train n ile, it is
claimed, has been reduced from 79 lbs. to 53 lbs. Fifty engines are being equipped by the company for railroads serving Boston. The New York office will be in the -'Mail &
Express" Building.— V. 69, p. 180.
St. Lonis Consolidated RR.—
was recently announced th^t the
Receiver had been authorized to issue an additional block of
Louisville Evansvilie
&
Rfcen-er's Cera'^ca^es. --It
receiver's certificates for the purchase of coal cars. The
amount of the new issue, it appears, is to be $300, 0'O. Mr.
Geo. T. Jarvis, the Receiver, furnishes us the following interesting statement showing the amount and purpose of all
the Receivers certificates authorized to date:
Face
Principal
Rate of Interest
value.
lo/ien due.
Int.
payable.
Issued.
For payment coup.iiit..bridge
toUs.term.exp, taxes, wages,
tratficbal. and material....
For purch. of New Alb. Belt
<fe Terminal Ry securities..
For purch. of L. ^fc St. L. Ry..
For purchase of real estate,
3^%
4%
5%
E. St. Louis
4%
For purchase of 500 new
coal cars (to be isssued
4%
Total
-V.
& D. June
1901
.5280,000
M.& S. Mch. 1,1901
F. & A. Aug. 13,1900
179,000
80,000
J.
M.&
8.
1,
Moh. 13,1901
60,000
300,000
$899,000
69, p. 27.
Manchester (N. H.) Street Ry.— New England Electric
Power Co.— Manchester Electric Co.- Negotiations for Con-
THE CHKONICLE
230
trol.— The directors of the New England Electric Power Co.,
which controls the Manchester Street Ry., were to act to day
on a proposition to exchange six shares of the Power Company for five shares of the Manchester Electric Co., the lastnamed being the concern which snpplies the street railway
[Vol. LXIX.
—
New Amsterdam (Jas Co. Befunding. The company has
sold $1,000,000 Equitablf^ Gas Light consolidated [now first]
mortgage 5 per cent 80- year bonds to take up the 7 per cents
maturing Aug. 1.— V.
69, p. 181.
New Companies.— Jficorporafed. — The incorporation of
company with power.— V. 68, p. 773.
the following companies of large capitalization not menManhattan Typewriter Co.— -Bonds Offered.— This com- tioned elsewhere in this column has been recently reported
:
pany, incorporated under the laws of New Jersey, has outCALIFORNIA.
7 per cent prestanding $750,000 common stock, $750,0'
California Power Co.. SaD Francisco. Capital, $5,000,onn. Incorporators: S.
ferred stock (both "full paid") and $750,000 first mortgage W. Ferguson, Berkeley: A. P. Woodward, S. J. Ryan, J. H. Baruard, all of San
Francisco; H. W. Snow, Mill Valley.
6 per cent 40-year $1,000 bonds (M. & N.). Central Trust Co.,
Great ralifornia Co., San DieKO. Mining, milling and redue'ton business.
The unsold balance ($100,000) of the loan was Capital, §3,00.000. Incorporators: C. U. Atkins, N. Alexander, W. I>lewelyn,
trustee.
A. C.Meyer, San Diego; G. jM. Atkins, Palmer, Mass; G. W. Inglls, Prescott,
recently offered for sale at par and interest, with a bonus of Ariz.; W. L. Uoss,
rhicago, HI., and others.
etock.
common
of
Truckee River General Electric Co., San Francisco. Capital. $2,R0O.000; subamount
like
and
in
preferred
a
25 per cent
?l,750,Ono.
scribed,
M. Flelshhacker, A. Pollak, A. J. HechtThe company, which claims that its writing machine selling man,Ij. Schwabacher,Incorporators:
H. Fleishhacker of San Francisco, T. D. Rosenbaum of
for
business
New
Vacaville.
in
York
City,
Buck
of
been
F.
H.
has
market,
for $75 equals any on the
about two years, and its factory occupies a full city block in
DELAWAKE.
Newark, N. J. The directors are:
West Virginia Pulp & Paper Co. Capital, §3,000,000. Incorporators: John
Edward W. Wilson (President), J. B. Price, Henry Dadson (Secre- G. Luke, Adam J. Luke of New York, H. F. Harrison of Uackensack, N. J.
tary and Treas.). H. C. Duval, William Barbour, Waller Watson.
MISSOFBI.
Co, of 781 Broad st., Newark,
Dickinson, Grummon
Scullen-Gallacher Iron A Steel Co., St. Lonis. Capital, »500,000. Incorpora'
ators: J. Scullen, T. M. Gallagher, F. J. Wade, E. L. Roberts, all of St. Louis.
N. J., received subscriptions for the bonds.
&
NEW
Mason Heating & Lighting Co.-Stock Offered.— This com-
pany, recently organized under the laws of New Jersey,
owns the patents covering the Mason gas producer and burner, a device for heating, both for domestic and manufacturing purposes. The fuel used is coal oil, and a reduction of
one third in cost is claimed as compared with the cost of soft
coal at $2 50 per ton. The capitalization is $1,000,000 stock,
of which $400,000 is now being offered, $5 called, the par
being $10. The directors are
August Wise. Harry Goodman, Morris Lang, J. A. Hays, Sol. Blumentbal, Philadelphia; Jas. H. Craig, J. A. Mason, Al. Hartle and
Ferd. Bendheim, Altoona, Pa.
The office is at 19 South 4th Street, Philadelphia.
Minneapolis (Minn.) General Electric €o.—New Mort
This company, a recent reorganization, has made a
gage.
mortgage for $2,000,000 to the Old Colony Trust Co. of Boston. Mass., as Trustee. The mortgage is dated Jan. 2, 1899.
See V. 68, p. 824.
:
—
—
National Steel Co. Important Acquisitions, The " Iron
Trade Review" on Thursday said: On Friday of this week
papers will be passed by which the National Steel Co.
acquires the well-known Chapin and Winthrop Mines and
the steel fleets of the Mutual Transportation Co. and the
Menominee Transit Co. The National Steel Co. has acquired
almost all the stock of the following companies:
JERSEY.
Corporation Trust Co. Building, .Jersey City, N. J.
Capital, $1,000,0000, Incorporators: Andrew D. Broadhead, Frank Curry,
Alfred P. Theobald. William H. Bruder, Patrick A. Nolan.
Continental Manufacturing Co., Camden, N. J. To manufacture commercial
chemical, electrical and metallurgical products, etc. Cai ital, 81, .500,000. Incorporators: Frank M. Zelle, Joseph W. Robinson, Henry N. Paul. Jr., William
Coastwise Steamship Co.
W,
Frazier, Jr,, Isaac
IJ.
Wheat on.
& Chemical
Royal Salt
Co.
Authorized
capital, $1,500,000.
James H. Snow, Gilbert Seaman, Pertex M. Stewait, Ralph
E. Adams and Samuel E. Pyle. all of Jersey City.
Incorporators
Gillette,
:
Thomas
Tractor-Tiupk Automobile Co. Authorized stock $2,500,000, of whichSi.OOO,lie preferred ' per cent non- cu raulati ve dividends.
To operate automothe carrying of passengers, freight and express matter. Corporators T. Henry Dixon, J. Bausall Taylor, C. Berkeley Taylor and George H. B.
000 to
biles for
:
Martin.
United Asphalt Co., No. 55
refine asphalt, etc.
Tburber. Newark, N.
Ilvried,
Montgomery
St., Jersey City.
Manufacture,
Incorporators: Orray K.
Lyon, Montclair, N. J.; James R. MoPhiladelphia, Pa.; Ira Atkinson, Passaic, N. J.; Lewis A. Beebe. Dobbs
mine and
J.:
Capital, §5,000,000.
Newton
C.
Ferry. N. Y.
NEW YORK.
XTnion Iron Works. Buffalo. Capital, §350,000. Incorporators: C. R. Baird of
Philadelphia; T. R. Riterof Pittshurg; W. C. Cromwell, W. C. Ely, H.J, Pierce,
H. P. Blssell. P. WhUe, all of Buffalo.
PENNSYLVANIA.
Columbia Chemical
W.
Capital, $1,000,000. Incorporators H.
D. Hartupee. M. J. Alexander, E. Pitcairn, H. G.
Co., Pittsburg.
Mellon. W.
C. Frick, A.
Chif nell, al! of Pittsburg.
:
WEST VIRGINIA.
W.
&
Coal Co. Huntington. Capital, §2,000,000. Incorporators :
H. Lyons, V. M. Green, C. F. Taylor, G. L. Morris, V. L. Hagy, all of Hunt-
Buffalo Oil, Gas
ington.
Intercolonial Steamship Co.. New London. Ct. Capital, §1,000,000. Incorporators E. F. Clements, J. H. Gallagher, D.J.Lucy, O.C. Kunze, S. B. Manning, all of New London.
Liquid Air, Power Ix. Automobile Co.. Boston, Mass. Capital. §5,000,000. Incorporators G. Code, H. Knudsen. T. Sewell, E. Seanta, all of Boston, Mass.;
:
Chapin Mining Co., holding a twenty-year lease, dating from 1894
of the famous Chapin mine of Iron Mountain, Mich., Menominee Range.
Winthrop Iron Co., owning the fee of the Winthrop Mine in the
Tshpeming, Mich., district. Marquette Range. The company ha.^^ in fee
160 acres of mineral lands and, in addition, 80 acres of surface lands;
Mutual Transportation Co. of Cleveland, owning the steel steamers
Coralia, Corsica, Corona, and Camon; also an interest in the P. Y. &
A. docks at Ashtabula, Ohio; Menominee Transit Co. of Cleveland,
owning the steel steamers Grecian, Roman, German, Saxon, and
Briton. These vessels have an aggregate capacity of 1,000,000 grcss
tons of ore per annum.
'*
The Chapin, known as the largest single producer of iron
ore in the United States, has to its credit 7,499,450 tons, its
shipments being made in 1880. It is capable of 900,f^00
to 950,000 tons a year, under existing conditions. Sales for
the present year were close to 8oO,000 tons. At the beginning
of the present year there were between 4,000,000 and 5,000,000
tons of ore in sight, and the reserves are considered enormous.
The Winthrop property has vast quantities of ore in sight
and in reserve, and is good for 300,000 tons a year. Thus the
two mines will readily furnish about 1,250,000 tons of ore a
year. The Winthrop began shipping in 1890, and its total
output is 1,236,814 tons. With the Chapin and Winthrop, the
National Steel Co. has about 80 per cent of its requirements
in its own hands, having in addition the Oliver, one-sixth of
the Oliver lion Mining Company's ores, an interest in the
Biwapik Mine, and a term contract for Adams ore. Its requirements are about 8,0(0,000 tons."
Co., whose properties are embraced in the
M. A. Hanna
above-mentioned purchase, it is said, will retire from the
mining and transportation business. The transfer, it is
first
&
understood, has been consummated.
—V. 68, p.
1133.
National Salt Co. Dividend,—The report of operations
15 to July 1, 1899, it is stated, showed earnings
at the rate of 7 per cent per annum on the preferred stock,
and of over 10 per cent on the common stock. The quarterly
dividend of 1% per cent on the preferred stock was declared,
but the question of a dividend on the common stock was deferred until it is definitely settled whether a New Jersey
corporation can legally pay a dividend on its common stock
before the dividend for the year has been paid on its preferred shares. The company's office is at 26 Broadway, New
York.— V. 68, p. 572.
National Wall Paper Co. Another Payment on Debenture
Stock. A month ago an official advertisement appeared
announcing a "quarterly" dividend of 2 per cent on the
This week was
debenture stock, payable July 1, 1899.
printed another advertisement of the same nature calling for
a '• quarterly" dividend of 2 per cent on the debenture stock
payable on Aug. 1. On inquiry we learn that both announce
ments are correct, and it therefore appears that the company
is proceeding to discharge some of tue overdue dividends on
account of the period Oct., 1897, to Oit., 1898, when no
distributions were made. V. 69, p. 28.
from April
—
—
:
M. Chase of
H.iTerhill, Mass.
National Light Storage Battery Co., Boston, Mass. Capital. $1,000,000. Incorporators J. A. Sullivan, E. L. Tierney. S. L. Starkham. G. D. Alden, P. H.
Man.sfield, all of Boston.
United States Gas & Electric Improvement Co. of Mexico, New York City.
Building and equipping refrigerators, gas and electric light. Capital, §5,000.000.
Incorporat'^rs H.H.Barnes, D. Barnes, R. Richmond, J.Barnes, E. tiames
all of New York City.-V. 09, p. 81.
:
:
—
Northern Ohio Traction C». Officers. This company was
incorporated at Columbus, O., on July 12 and on the following day took over the properties of the Akron Traction &
Electric Co. and the Akron Bedford
Cleveland Railway
Co. The officers are: H. A. Everett, President; Will Christy,
Vice-Presiient; C. F. Moore, Secretary; J. R. Nutt, Treasurer, and L E. Beilstein, General Manager.
V. 69, p. 131.
&
—
—
Northern Pacific Terminal Co.— OZd Lease in Force. The
without charge, has been assumed by the reorganized Northern Pacific RR. and Oregon RR. & Navigation
companies, these corporations, with the Oregon & California
RR., being the present lessees. V. 69, p. 181.
old lease,
—
Northwestern Coal Ry.— To Purchase $125,000 Bonds.—
The Farmers' Loan & Trust Co., as trustee under the first
mortgage May 1, 1893, desires to purchase |125,000 of the
bonds, and will receive sealed proposals until noon of Aug.
10, 1899.
Pittsburg Painesville & Fairport RR.— iVbftce to Bondholders.— Cyrns J. Lawrence, No. 81 Broad St.; F. J. Lisman. No. 30 Broad St.: James H. Oliphant, No. 20 Broad St.,
and Alvin W. Krech, No. 120 Broadway, a committee representing a majority of the first 5 per cent mortgage bonds, due
1916, makes to the bondholders the following announcement:
"In view of the early reorganization of the Pittsburg
Western Railway Co., of which system your property is an
essential part, and in consideration of the fact that it is proposed to appropriate out of earnings a sum sufficient to meet
some extraordinary expenditures, thereby imperiling the
payment of the interest on your bonds, it is deemed of the
utmost importance that bondholders should unite for mutual protection. Therefore we ask you to deposit your bonds
with the Mercantile Trust Co., No. 120 Broadway, on or before Sept. 1, 1899."—V. 69. p. 181.
Providence Telephone Co. Neiv Stock. An increase of
$200,000 in the capital stock, raising the issue from $1,000,000
Dividends have
to $1,200,000, has just been authorized.
been at the rate of 8 per cent per annum (J, (JfeJ.) since 1894.
The shares are $50 each and are quoted at §993^ bid, none
The company operates under license from the
offered.
American Bell Telephone Co.
Qnebec & Lalie St. John Hallway.— D^fa ult. The company defaulted July 1 in the payment of interest on its
&
—
—
£78' ',000 first
mortgage
03.
The
ten-year guaranty of inter-
July
29,
THE OHKONICLE.
1899.]
est given to the bonds by the Province of Quebec expired
Jan. 1, 1899, while the earnings of the road for the year ending Dec. 31, 1898, were only $395,306 gross and $49,030 net.
The net earnings, moreover, were consumed by necessarj'^
and for betterments, etc. The
road extends from Quebec northerly to Lake St. John and
the Saguenay, and comprises 248 miles owned and 40 leased.
payments on
floating:
A receiver will be
debt,
appointed.
231
anthracite coal roads. (See "Anthracite Coal Roads," V. 68,
The President of the company is George F. Baer,
who is also President of the Reading Iron Co.— Philadelphia
Reading Ry. The new bonds are mortgage and collateral
trust 4 percent 26-year gold bonds, dated May 1, 1899, due Jan.
1, 1925; $1,000 each; interest payable Jan. 1 and July 1.
They may be registered and are subject to call at 110 and
p. 472.)
&
interest.
—
Koyal Salt & Chemical Co.— Incorporated. This company, with an authorized capital of $1,500,000, was incorpoiJames
ated at Trenton, N. J., on July 22. Incorporators
H. Snow, Gilbert Seaman, Pertez M. Stewart, Ralph Grillette, T. E. Adams and Samuel E. Pyle, all of Jersey City.
:
Rubber Goods Manufacturing Co. Dunlop Tire Co. Acquired. Contracts have been signed for the acquisition of a
controlling interest in the stock of the Dunlop Tire Co. by
an exchange of its shares for shares of the Rubber Goods
ManufacturiDg Co. The authorized capital of the Rubber
Goods Co. is $50,000,000, of which less than $20,000,600 has
been issued. Charles R. Flint of the Rubber Goods Manufacturing Co. says
" By acquirinc the Dunlop tire the Rubber Goods Manufacturing
Co. has very much strengthened Its position, and has secured most
valuable patents; 85 per cent of the orders for bicycles for export
The tires
stipulate that the wheels must be fitted with Dunlop tires.
are in demand not only tor bicycles but for vehicles as well. It is believed that the purchase of these patents will materially increase the
earnings of the Rubber Goods Manufacturing Co which already are
highly satisfactory. Stock of Ihe Rubber Goods Manufacturing Co.
will be issued in exchange for the stock of the Dunlop Tire Co., but
this new Issue of stock will not be put upon the market, for the persons who are to receive the stock have agreed to hold it for some
time."-V. 68, p. 1077.
Trust Companies in New York and Brooklyn.— In
week's Chronicle, on pages 183 to 186, we published
statements of all the trust companies in New York
Brooklyn except the two below given, which complete
last
the
and
the
list.
HOLLAND TRUST COMPANY.
—
Resources.
June
June
ZQ, '99.
Dec. 31, '98.
Bonds and mortgages
Stock invescm'ts market value
Amount loaned on collaterals.
$11,386
600,512
208,756
$11,234
373,027
216,166
$11,234
510,582
213.916
Amt. loaned on pers'l seourit's
Real estate (estimated value)
Cash on hand
Cash on deposit
Overdrafts
...
Other assets
236,604
10,970
11,145
3,642
19,293
414,301
25.338
2,187
32,285
412,175
1,276
15,413
3.590
27,825
$1,102,309
$1,075,358
$1,196,504
$500,000
78,526
61,686
98,302
457,989
,
Total.
30,'98.
490
820
Lidbihties.
,
Rutland RR.
Leases.
— The
stockholders on July 27
Other
rati-
the Ogdeusburg and Lake Cbamplain Ry.,
Noyan RR.
the Rut] and- Canadian RR. and the Rutland
The last-named, it is understood, is the branch Alburgh to
Noyan Junction, 3J^ miles in lengthy affording connection with the Canada Atlanti'". RR. and the United Counties
Railways of Canada. They also authorized the guaranty of
the bonds of the Rutland- Canadian RR.
Directors. Directors of the Rutland RR. re-elected are
Percival W. Clement of Rutland, George H. Ball of Boston, John W,
Horace G. Young of Albany, N. Y.; W.
Stewart of Middlebury, Vt
Seward Webb of Hhelburne, Vt.; E. V. W. Rossi ter of New York, Edgar
Harding of Boston, George Bird of New York, and Wallace C. Clement
of Rutland.— V. 69, p. 13^.
fied the leases of
Capital stock
Surplus fund
Deposits intrust
Gen'l dep. payable on
$500,000
78,990
demand
58,631
105,449
358,239
$500,000
83.223
64.967
92,046
335,122
....
$1,102,309
$1,075,353
$1,196,504
$32,695
4,224
17,635
$19,091
2.047
12,324
12,838
110,234
liabilities
Total.
Supplementary.
&
—
Tot. amt. of profits dur'g year.
*$5,1 37
Int. credited dep's, same ner'd
*2,273
Expens. of instit'n. same per'd
"8,675
Deposits by order of Court
Amt. of dep. on wh. i»t. aUow'd
108,335
Rate of interest
2 to 4^3 p. c.
—
June
$4,874,306
Stock investm'ts (market val.)
1,055,250
Amount loaned on collaterals.
Real estate (estimated value).
200,000
Cash on hand
351,048
Cash on deposit
104,096
Plant
625,757
Other assets
Total
$7,210,458
Southwestern Arkansas & Indian Territory Rj.— Judic-
—
This property is advertised to be sold at
auction at Pike City, Ark., on Oct. 10, pursuant to the decrees of the United States Circuit Court for the Western
Division of the Eastern District of Arkansas, in the suit
brought by the Mound City Boot
Shoe Co. The road extends from Smithton to Pike City, a distance of about 33
miles. There will also be sold at the same time and place
the assets of the co-defendant, the Smithton Lumber Co.,
comprising saw and planing mills at Pike City, Arkansas,
"about 3,000 acres of pine lands situated in Pike County,
Arkansas, and about 17, Of
acres of stripped lands situated
in Clark County and Pike County, Arkansas." The miniprices at which the property will be sold are $120,000
for the railroad and $15,000 for the lumber company's assets.
&
mum
—V.
Dec. 31, '98.
June 30,
'98.
$3,990,949
1,070,250
83,635,499
746,250
170,000
776,807
450,000
138,613
170,000
41,967
757,017
464,439
152,047
$6,603,180
$5,967,219
$2,500,000
2,000,000
483,668
61,949
664,094
893,469
$2,500,000
2,000,000
375,778
44,428
608,430
438,583
$6,603,180
$5,967,219
$542,997
6,561
Liabilities.
Capital stock
$2,500,000
Surplus fund
2,500,000
Undivided profits
228,432
Deposits in trust
21,140
Gen'l dep., payable on demand
968,190
992,695
Total.
....
$7,210,458
Supplementary.
Total amt. of profits dur'g year
Int. credited deps., same per'd.
Expens. of Instit'n, same per'd
Amt. divs. declared, same per'd
Amt. of dep. on wh. int. allowed
*$715,7S4
*18,123
*313,659
'112,500
1,44S,361
$1,056,329
28,827
551,437
200,000
893,820
Rate of interest
1 to 5 p.
1 to 5 p.
*
67, p. 30.
30,'99.
Bonds and mortgages
p. 132.
ial Sale Oct. 10,
p. c.
4ifl
Resources.
;
—
2 to
C.
TITLE GUARANTEE & TRUST COMPANY.
:
Southern Pacific Co. New Stock Authorized. The stockholders on Thursday authorized the proposed increase in the
capital stock from $150,000,000 to $200,000,000. in accordance
with plan for the absorption of the Central Pacific. V. 69.
1131595
2 to 4^2 p.
For the
sIt
months
only, Jan. 1 to
o.
June
o.
'20,776
*284,398
'100,000
683.970
lifi to 6 p.
30.
—
Standard Aluminum Reduction Co.— Siains.— This comUnited Electric Securities Co.— Calkd Bonds. The folpany has, since its incorporation, July, 1897, erected in St. lowing bonds are called for payment and will be redeemed
Louis a plant for reducing and smelting aluminum also an at 103 and interest to Aug. 1 on presentation to the Amerialuminum -manufacturing plant.
President Col. W. H. can Loan & Trust Co., Boston:
;
Brothers in May last wrote substantially as follows
Second
The company owns "Aluminum reduction process," protected to it Fourth
by U. S. patent; also superior process for polishing, frosting and other Fifth
:
working in the manufacture of aluminum; also process for welding
metals. These processes having been proved profitable, the enlargement of the works to an earning capacity sufficient for dividends upon
the whole capital stock was determined upon. The company owns all
its properties, fully paid for and free of debt. The total capital stock
is $5,000,000, of which $500,000 is 6 per cent preferred. The policy
of the ocimpany Is to erect all its plants from proceeds of sale of stock,
so that all profits of production will accrue to shareholders in the
form of dividends. The treasury reserve is as follows Cash, notes
and good accounts, $35,210; treasury stock, 6 per cent preferred
stock, $500,000; common stock, speciaJly reserved, to be sold at par,
$400,000; common stock, not subject to restriction as to price, $254,153; total, $1,1&9,363.
:
Of the $500,000 preferred stock, $200,000 was offered for
subscription a few weeks ago at $80 for $100 share, full paid
and non-assessable, subscriptions being received by Wm. F.
Wernse & Co., St. Louis, and others.
Reading, Va.— Mortgage for $15,000,This company, which last March bought the anthra000.
cite coal properties of Simpson & Watkins, of Scranton, Pa.,
has filed a mortgage for $15,000,000 to the Guaranty Trust
Temple Iron
—
Co., of
Sixth
All Seventh Series
"
27 bonds Ninth
"
120 "
Tenth
"
81
Eleventh "
Series
"
"
"
68 bonds
"
181
165 "
25 "
.$667,000
Total;
—V. 68, p. 574.
Railways Co. of St. Louis.— St. Louis Transit Co.
—"We have been favored with an official
—United
Official Circular.
circular giving the following particulars regarding the consolidation of the St. Louis street railways, which has been
arranged by Brown Brothers
Co.
Acquisitions. The United Railways Co. of St. Louis (formerly the Central Traction Co.), will acquire the properties
and franchises or substantially all the shares, of the follow-
&
—
ing companies:
Miles.
Miles.
Missouri RR. System
16-61
9-60
do
do
(cable)
do
Linden Ry. System (elec.).. *76-ll
Union Dep't RR. 8ys.(elec.) 75-87
6-70
Jefferson Ave. Ry. (elec.)...
(elec.)
St.
Louis Trac. Co. (cable).
9-50
Southern Electric Ry.(eleo.) 22-50
National Ry. System (elec.) 62-97
(cable) 14-62
do
do
do
259-76 miles)
293-48
Total in operation:
33-72 mUesJ
J S*"^^.*!:.
York, as trustee, to secure 4 per cent bonds, of Under construction. United
2200
Railways Co
57-50
which the present issue is $3,500,000. The Iron Company has Authorized, but not under construction
4617
been in existence for a number of years, having for some Authorized, but not yet constructed, Lindell Ry. System
time a paid-in capital stock of $240,000, and owning only one Total in operation, under construction and authorized
419*15
stack, the annual capacity of which was stated as 35,000
* Including county roads.
gross tons. The purchase of independent coal properties last
in
harmony
Old Bonds.— The present outstanding mortgage debts of
March was an important step toward securing
the coal trade, the Temple Iron Co. being friendly to the these several companies are as follows:
Co. of
New
—
—
THE CHRONICLE.
282
Name.
Missouri SystemMissouri RR. Co
Amount.
Int.
Rate.
$700,00J
5%
When
Retirable.
Maturity.
Mar.
1,
1901 Mar.
1,
1906
June
1,
19C0 June
1,
1900
Aug.
1,
1911 Aug.
1,
1911
6% July 1, 1913 July
6% July 1, 1913 July
6% Oct 1, I'JOO Oct.
6% June 1, 1918 June
6% Oct. 1, 1900 Oct.
1,
1,
191?
1913
1,
1910
1,
19 8
Forest Parii Laclede
&4tli8t.
Lindell
RR
92,100
System—
LindellRy.Co
Compton Hts. Union
Depot & Mercha'ts'
Terminal RR. Co..
Taj-ior Ave. Ry. Co
Union Depot SystemUnion Depot RR.Go.
1,500,000
1,000,000
oOO.OOO
.
do
Mound
791,000
2,409,000
do
do
City Ry. Co
30 '.000
277,000
.
Ave.RR
Co.
Formerly Peoples. Ry. Co.
125,000
St. LoulsTrao. Co..
*Jeffer'n
do
do
do ...
7£,000
Southern Eleo. System—
164, '"00
South'n Elec.Ry. Co.
3aH,000
do
do
do
do
do
do
200,000
National System —
St. Louis RR. Co....
1,948.000
Badea &St.L RR.Co
250,000
Cass Ave.& Fair Gds.
Ry.Co
1,813,000
Citizens' Ry. Co
1,?00,000
.
.
5%
5%
6%
7%
6%
6%
5%
1910
Nov. 2,1905 Nov. 2,1905
],
May 1, 1892 May 1, 1°02
May 1,1896 May 1,1902
May 1, 1904 May 1, 1904
May 1, 1915 May 1, 1915
Apl.
1,
1916 Api.
1,
1916
5% May 1,1900 May 1,1910
5% July 1, 1893 July 1, 1913
5%
6%
July 1,1893 July
July 1, 1907 July
1,
1,
1912
1907
'Owned jointly
companies.
—
W
;
:
;
—
$.^50,000 to $500,000.
—
New
Stock
Authortz'.a
The company gives notice of an incieass
in the capital from $12,000. 00 to $24,0(0,000.
Of the total
issue one-half is to be 8 per cent cumulative preferred. This
company was organized on Sept. 12, 1895, with $1,659,000
preferred stock and $3,348,900 common stock, and acquired
ten of the most successful manufactories of commercial
fertilizers in the South.
It has since acquired by purchase
many additional factories on the Atlantic Coast from Baltimore to Atlanta and Savannah, The companj' owns its own
phosphate beds in South Carolina, etc. The authorized issue of
capital stock was increased last August from $5,500,000 to
Of the new stock, it is
$12,000,000, and now to $24,000,000.
stated, there will be iisaed at present .54,6 '0,000 preferred
(
The United Railways Co., the Grand Avenue RR. Co., of
the Unijn Depot System, and the county roads iu the LinSystem, li a ve no mortgage indebtedness, while of the
bonds, as above shown, seven issues, aggregating $5,003,100,
can be retired within the next two j'ears.
Stock Acquired. Tlie following amounts of the capital
stocks of the several companies have been acquired and will
be owned by the United Railways Co. of St. Louis :
dell
—
Acquired.
Entire issue.
Union Depot RR. Co
Missouri RR. Co
St. Louis Traction Co
Lindell Railway Co
do
do
do
do
23,540 shares.
"
common.. 4,891
Not Acquired.
None,
do
do
460 shares.
Southern Electric Ry. Co.,
109
"
Do
do
do
preferred. 9,S60
140
National Railway Co
24,731
64
The ownership of the stocks will be therefore presently
followed by actual deeds of all the property and franchises
of the constituent companies to the United Railways Co. of
St. Louis.
New Securities For the purpose of acquiring the properties and franchises or the shares of stock of the above-named
companies and providing for the present mortgage debts,
the United Railways Co. of St. Louis, we learn, proposes to issue the following securities, and to offer them to
the stockholders of the several constituent companies.
General First Mortgage, 4 per cent 35-year gold bonds.. $45, 000, 000
Of which reserved for future betterments, improvements and acquisitions (including minority stock of
St. Louis RR. Co. not now owuea in the National
Railway System, and also the $3,000,000 bonds in
the St. Louis & Suburban Syttem)
8,000,000
Reserved for underlying liens
14,000,000
To be paid over to the stockholders of tie several
constituent street railway companies
23,000,000
Preferred Stock, 5 per cent cumulative
$20,000,000
Of which reserved for future acquirements, expenses
of consolidation, betterments and improvements
8,435,000
To be issued to the stockholders of the several constituent companies
11,565,000
—
Common
—
Virginia-Caroliua Chemical Co.-$i2,0':'0,000
Missouri, Lindell, Union Depot and National
toy
[Vol. LXIX.
share of the common stock of the United Railways Co. This
will give the Transit Co. a cash capital of $1,908,225 free
from all obligations except those. under its lease.
All'jtment to Brown Syndicate. Under the plan, for each
dollar subscribed members of the BroAvn Brothers' syndicate
will receive 99'437 per cent in bonds, 50 per cent in 5 per cent
cumulative guaranteed preferred stock and 75 per cent in
common stock. The securities issued under the plan will,
however, be subj-^ct to the payment of $11 per share on the
common stock, which goes in cash into the treasury of the
St Louis Transit Co., thereby making its guaranty of dividends on the preferred stock substantial.
The new board of the United Railways Co.
Officers.
consists of the following, all St. Louis men except Mr.
Calhoun, who represents Brown Bros. & Co.
Edwards Whitaker. Patrick Calhoun, C. D. MoLure, H. C. Hairstick, Murray Carleton,
H. Thompson, H. S. Priest, W. F. Boyle,
Cor win H. Spencer, F. E. Marshall, George "W. Hunter.
The officers are
E iwards Whitaker, President Murray
Carleton, Vice-President Jilson J. Coleman, General Manager.— V. G9, p. ISl.
Urbana (111 ) & Champaign By. Gas & Electric Co.— Jracrease of Stock
The company^ has increased its capital stock
from
$13,980,100
Total
—
:
Stock
$25,000,000
Of wnich reserved for future acquirements, betterments and improvements
7,652,500
To be Issued presently in payment to the stockholders
the
several
constituent
of
companies
17,347,500
The St. Louis Suburban system alone of the street car lines
in St. Louis has not been acquired; |3, 000, 000 of the new 4s,
however, will be reserved for the sole purpose of retiring its
bonds in case its purchase should at any time be thought desirable.
The new 4 per cent loan will ba secured, it is stated,
by all the stocks of the constituent companies, or by direct
mortgage lien upon their property and franchises in so far as
purchased.
Earnings. The results of the operations of the combined
properties for the year ending June 30, 1899, are determined
Sells, public accountants, as follows:
by Haskins
Gross
Net over
Other
Total
DeduclEamings.
Income. Net Income,
taxes.
tions.
Balance.
«5,412,557 $2,032,099
$4,566
$2,036,665 $67,602 $1,969,063
Deduct adjustments to present basis (net)
8,584
—
&
Total net from operations
Fixed charges— interest on present bonded debt
Interest on proposed issue of $23,000,000 new 48
$1,960,479
773,597
920,000
Net surplus under plan
$266,882
Lease -Quaranty. The St. Louis Transit Co., it is proposed, shall increase its capital stock to $20,000,000 and lease
all the lines of railway of the United Railways Co. of St.
Louis, guaranteeing the payment of interest upon all the
new 4s as well as on the bonds of the constituent companies,
and also 5 per cent, payable semi annually, upon the preferred
stock of the United Company.
The St. Louis Transit Co. will exchange its stock for the
common stock of the United Railways Company of St. Louis,
share for share, upon payment to it by the stockholders of
the United Railways Co. of $11 par share. All the common
stock of the United Railways Co. of St. Louis issued under
the plan will be converted into common stock of the Transit
Co., and the above mentioned $11 will be payable on each
—
and a like amount of common, making the whole capitalization about $19,000,000, all stock, there being no bonds. The
company recently acquired the Rasin Fertilizer Works and
the Monumental Fertilizer Works in Baltimore, and is making extensive improvements at the Rasin Works. The additional capital stock issued was sold through a syndicate
formed by John Skelton Williams, of Richmond, and represents money expended in acquiring a number of Southern
properties and a fund for further parchases.
Rights of Preferred Stock.— The rights of the preferred
stock appear from the following:
The preferred stock entitles the holders to receive in each year a
dividend of 8 per cent, payable quarterly, halt yearly or yeariy, as the
board of directors may from time to time determine, before any dividend shall be set apart or paid on the general or common stock, and if
the net profits in any year shall not be sufficient to pay a dividend of
8 per cent on the p eferred stock, then such dividend shall be paid
thereon as the net profits or the year will suflioe to pay, and the holders of said preferred stock shall have a like claim, lieu and preference
over the holders of general or common stock on the profits of the ensuing year for any oeUciency or portion of such annual dividend of 8
per cent remaining unpaid, together with legal interest thereon, and
so on, from year to year, until the same be fully paid. The holders of
the preferred stock shall also have the preference on the assets of the
company on the flual disposition or distribution thereof over the
ho dets of the general or common stock, aud shall be entitled on dissolution of the company to be paid iu full out of such assets before any
payment shall be made therefrom to the holders of the general or com-
mon
stock.
—
See also adv. in Chronicle of March 4, 1899. V. 68, p. 431.
Wagner Palace Car. Stock on Unlisted. The company's
•S^OjOuO.OJO stock has been placed on the unlisted department
of the New York Stock Exchange. Dividends at the rate of
8 per cent per annum have been paid for the last thirty years.
—
— V.
67, p. 369.
—
Warwick Iron & Steel Co.— First Dividend, The comany has declared its first quarterly dividend, viz.: 2p c, payable Aug. 10 to stockholders of record Aug. 1. V. 68, p. 1184.
—
C.) Traction A: Electric Co.— Oncers.
have been selected as follows: President, Col.
Gr'orge Truesdell, former District Commissioner; Vice-President, Charles A Lieb; Treasurer, H. D. Mirick; Secretary,
James B. Lackej'. The directors of the Metropolitan and
Columbia street railway companies have also chosen Colonel Truesdell as President.— V. 68, p. 1228,
Westiughouse Electric & Manufactnring Co.— British
Ojshoot. "The British Westiughouse Electric & Manufacturing Co., Limited," has been incorporated under the
Eaglish Companies Acts, with capital stock consisting of 6
per cent preference sdares of £5 each, £1,000,000, and ordinary shares of £10 each, £500,000. The £500,000 common
stock will go to the American company in consideration of
the exclusive right to operate nn-ler its patents in England and its dependencies (except those in North America)
the transfer of its Eng,li->h Dtisiness, certified to have
amounted in the year ending June 30, 189!), to £266,528, etc. Of
the preference shares £500,000 was recently offered at par; of
this £150,000 was subscribed by the American company and
Washington (D.
Officers
—
its friends.
A
site,
covering abou*; 40 acres, for the proposed
works has been agreed for at Trafford Park, Manchester,
where water and railway communications are excellent.
Mr. Westinghoase and Mr. Bannister, who have been for
many years associated with the business, have joined the
board of the new company. The Pittsburg company guarantees that the profits resulting from the business for the first
—
July
THE CHRONICLE.
29, 1899.]
shall amount to a sum not less than sufficient to
pay the preferred dividend. The buildings will be completed
in about eighteen months the steel for their construction to
go from Pittsburg.
EarninQS of American Company for 1898-99. Increase of
Works. The prospectus above cited says:
"The American company return8 the output of its Pittsburg
233
two years
—
COMMERCIAL EPITOME.
—
—
factory for the J ear ending March 31, 1899, at £1,428,474, and its
net profit thereon at above £255,000, these figures being euViject to
final audit. In view f the constant increase of orders and the profitable nature of the business, the Pittsburg Woiks are In course of
being approximately doubled."— V. 68, p. 1024.
(
—
Friday Night, July
28, 1899,
In many lines of trade the usual midsummer dnlness is now
being experienced. The general business situation, however?
has continued healthy. The movement of merchandise has
been fairly free for the season of the year, and values, as a
West Yirgiuia Gas Co.— Increase of Stock. The stock- rule, have been well maintained. Weather conditions and
holders at "Wheeling, West Va., on July 24 voted to increase crop prospects have continued generally favorable throughthe capital stock from 18,800 shares of the par value of S25 out the country. Latest figures from Washington continue
each to 20,000 shares of the par value of $25 each. Mayor to show favorable returns of the export movement of domesW. J. Diehl, of Pittsburg, is Secretary of the company and tic manufactures, the increased movement for the fiscal
"William Flinn is President. The $30,000 new stock, it is year offsetting a decrease in the exports of agricultural prodsaid, will go to the shareholders as a stock dividend npon ucts, with the result that the export movement for the fiscal
which the regular quarterly dividend will be paid as formerly.
"Wheelinar & Lake Erie RR.—JSew Bonds Sold— Refunding.
Brown Brothers & Co., and Maitland, Coppell & Co., after
an examination and report by experts ot their own selection,
have bought the new first mortgage consolidated 4 per cent
bonds issued for the acquisition of the Cleveland Canton &
Southern and Cleveland Belt lines and for improvements.
They have also undertaken to refund the Wheelicg &
Lake Erie divisional 5 per cent mortgage into the new 4 per
The refunding plan will be issued in the
cent bond?.
autumn. The present purchase of the syndicate includes
—
$5,6C0,000 of the bonds, being the $3,850,000 issued for the
Cleveland & Canton properties and $1,750,000 of the $2,
750,000 provided by the mortgage for improvements, car
etc.— V. 69, p. 29.
Line Traction Co.
trusts,
—
North Jersey Street Ry.—
reported from Paterson. N. J., that
a controlhng interest in the "White Line Traction Co. (successor of the New Jersey Electric Ry. Co.) has been acquired
by the Shanley syndicate, which controls the North
Jersey Street Railway Co. It is said there will be no change
in the officers at present.— "V. 69, p. 182; V. 68, p. 67^.
"fFhite
Change of Control,
— it
is
Wiscasset & Qaebec E'R.— Defavlt.—The company continues unable to pay the interest on its first mortgage 5s of
1896, the coupons due Jan. 1, 1898, and since, it is undeistood,
being in default. The Waterville (Me.) Trust Company, as
mortgage tiustee, has taken action to acquire possession of
the property, and it is said will lease the road to the present
managfiment. The line extends from "Wiscasset to Albion,
Me., forty- three miles. The first mortgage of 1896 is tor the
authorized amount of $600,000, of which $168,700 was outstanding on July 1, 1898. There was also that date a net
floating debt of $129,813, for part of which additional first
mortgage bonds may have been issued as collateral. For the
year 1897 98 there was a deficit of $2,572 from operating the
road.— "V.
p. 185.
"Wisconsin Central Co. Payment of Receivers' Certificates.
The United States Trust Co. announces that it will pay, on
Sept. 1, principal and interest of the §30-<,000 receiver's
equipment certificates of Nov., 1898, of the Wisconsin
Central Co. and the $461,000 of the "Wisconsin Central RR
Co.— V. 68, p. 182.
Wisconsin Valley Telephone Co.— Wisconsin Telephone.
Put chafe— Unprofitableness of Independent Lines L. S.
Tainter, President of the Wisconsin 'V'alley Telephone Co
an independent telephone organization, which operated 900
miles of long distance lines in Northern Wisconsin, in a
statement to the " Eau Claire Leader," of July 4th. said
"I have given an option to the Wisconsin Telephone (Bell) Co., contingent upoH turning the properties over free from encumbrances,
and I row see tbe way to do so at an early date. There was no mnney
In the business at the rates fixed, and I found the specious arguments
—
—
—
.
year just ended reached practically the unprecedented total
of 1897-98. The France- American reciprocity negotiations
have been completed and the treaty signed. Latest reports
indicate that the Alaskan boundary dispute has been satisfactorily settled.
Lard on the spot has had only a limited sale, as both exofferings have been
porters and refiners were light buyers
moderate and prices have weakened slightly to 5 65c. for
Refined
prime Western and 5 I5@5'20c. for prime City.
lard has been quiet and easier, closing at 5"85c. for refined for
the Continent. Speculation in lard for future delivery has
been less active and there has been a slight weakening in
prices under realizing sales by outside longs. The close was
steady.
DAILY CL08IN0 PKICB8 OF LABS FtTTUBEB.
Wed. Thur$.
Sat.
Mon.
Fri.
Tues.
5-75
5-60
5-80
5-65
5-65
July.
565
;
Pork has been quiet but values have held to a steady basis,
closing at $9 50@lO for mess, $10 o0@ll for family and $10 25
@11 75 for short clear. Cat meats have had a fair sale at
firm prices, closing at 6c. for pickled shoulders, lO^^cffilO^i^c.
for pickled hams and 6@7c. for pickled bellies, 14@10 pounds
average. Beef has been quiet but steady at unchanged
prices, closing at $9 for mess, $9 50@10 00 for packet,
extra
$10 00@1100 for family and $13 50<£14 00 for
India mess. Tallow has been quiet but steady, closing
Lard stearine has been unchanged and firm at
at A%@i%(i.
Oleo stearine has been quiet and the
7c. for prime City.
close was easy at l^c. for city. Cotton-seed oil has been
firm but quiet at 2^3%@Hc. for prime yellow. Butter has
been in fairly large supply but demand has been sufficient to
hold prices steady, closing at 15@18c, for creamery. Cheese
has been in fairly act've demand and firmer, closing at 7^^®
9c. for creamery.
Fresh eggs have been quiet but steady at
15c. for creamery.
Brazil grades of coffee have been quiet. The crop movement has continued large, but. as there has been no pressure
to sell, values have held fairly steady, closing at 5J^c. for
Rio No. 7. Mild grades have had a limited sale, and steady
prices have been paid: close at 7%c. for good Cucuta.
East India growths have bf en quiet and without changes.
Speculation in the market for contracts has been quiet,
neither buyers nor sellers being aggressive in their operThe
ations, and changes in prices have been unimportant.
close
was
quiet.
Following are the
July
4-400.
4-400.
4-450.
Aug
Sept
:
final
I
I
I
Oct
Nov
r)ec
asking prices:
4-500.
4-55e.
4-90c.
i
.Ian
Mch
May
demand,
I
I
4950.
505c.
515o.
offerings have
Raw sugars have continued in
been light and prices have advanced to 4i^c. for centrifugals
Re96 deg, test and 3 15- 16c. for muscovado 89-deg. test.
of the promoters as to the cost of opei ation an entirely dlfterent prop- fined sugar has been in fairly active demand and firm, clososition in practice. I Jelt that I had too much at stake to warrant
me in continung in a business which had at no time paid operating ing at 51^0. for granulated. Teas have been in slightly betOther groceries have been steady.
expenses. We have learned that the maintenance charge for a term ter demand.
of years will cot be less than 8 to 12 per cent per annum; also that
Kentucky tobacco has been in fair demand and firm. Seedour toll charges, fixed in some instarces as low, as 2.=> cents for a dis- leaf
tobacco has had a moderate sale at full values. Sales
tance of 85 miles,?were entirely too low, hardly paying operating
for
week were 2.100 cases, as follows: 775 cases 1898
the
expenses, and leaving nothing whatever for maintenance and dividends. '—V. 68, p. 1228.
—The
fourth volume of the "Commercial Year Book,''
by "Walter A, Dodsworth, and publi^hed by the New
York "Journal of Commerce and Commercial Balletio," is
now ready for delivery. The work has been carefully compiled, it is issued in a neat and attractive form, and, like its
edited
found of great value for ready reference in the counting room and in the library.
Among
the special features of the publication are the latest and most
complete commercial, financial and other statistics of the
United States and of foreign countries; the tariff of 1897 and
the new tariffs of Cuba, Porto Rico, the Philippines and
Japan an authentic chronology of the war with Spain the
Internal Revenue law of 1898; banking, industrial, agricaltural, insurance, railroal and marine statistics; also an
elaborate compilation of trusts and combines organized dur
ing the year 1898. All the well-known features of the prepredecessors,
;
New England Havana seed, 18@40c. 200 cases 1898 crop,
15@17c. 200 cases 1898 crop, Onondaga, 12@ 16c.; 250
cases 1897 crop. Pennsylvania seed leaf. 12@12i^c., 175 cases
1896 crop, Pennsylvania seed leaf, 13c.; 200 cases 1897
crop, Wisconsin Havana, 9@9^c.; 200 cases 1896 crop, Zimmers, private terms, and 100 cases 1897 crop, Zimmers, 18@
18c,
also 1 000 bales Havana at 7P@87J^c., in bond, and 240
bales Sumatra at 86c. @$1 75, in bond.
The upward tendency to values for Straits tin has continued, following stronger advices from abroad. The close
was firm at 32@323^c. Ingot copper has been firm, and large
sales have been reported made, closing firm at 183:^c. for
Lake. Lead has been in more active demand and steady,
closing at 4-57i^@4 60c. for domestic. Spelter has been quiet
and easier, closing at 5J8@6c. for domestic. Pig iron has
been in demand and higher. New orders have been diffioult to place close firm at $17 50@S21 00 for domestic.
Refined petroleum has been steady, closing at 7-70c. in
Naphtha steady at
bbls., 5-20c. in bulk and 8-70c. in cases.
10c.
Crude certificates hive been steady, closing at $1 2i%',
credit balances have been advanced to $1 25. Spirits turpentine has been in fair demand and firmer, closing at 43V^@
44c.
Rosins have been quiet and unchanged for the low
grades. Hops have had a moderate sile at steady prices.
Wool has continued in good demand and firm.
crop.
:
flats,
it
will be
;
vious publications, including the legal decisions, are continued in this publication. The price is $', or $4 for the
complete set of four volumes.
—$80,000 City of Bayonne, N. J., 4 per cent gold tax
exempt bonds are rlfered for sale by E. D Shepard & Co.,
31 Nassau Street. Price and particulars will be furnished on
apnlication. The advertisement will be found on page 250.
;
;
;
.
.
COTTON.
Friday Night, July
1895.
28,
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 7,372 bales,
against 15,515 bales last week and 24,705 bales the previous
week, making the total receipts since the 1st of Sept., 1898,
8,381.825 bales, against 8,599,160 bales for the same period of
1897-8, showing a decrease since Sept. 1 1898, of 217,335 bales.
,
at—
Wed.
Tuet.
M07l.
Sat.
327
TKurt.
Galveston
Tex. Olty, Ac.
531
New Orleans...
90
405
1
24
4
193
28
t
220
10
5
554
337
819
1
1
76
4
250
40
1
Pensacola, &o.
Savannah
Bmn8w'k,&o.
1,811
31
250
273
....a.
Charleston
Pt. Royal.&o.
Wllminf?ton
Wash'ton,&c.
Norfolk
235
1
......
1
275
347
100
99
294
1,602
1.497
7.372
....•-
436
326
370
3
192
..--*
100
78
N'p't News, &o.
JTew York
208
683
40
Phlladel'a, &o..
130
1
32
week
1,400
2,223
990
Boston.........
58
Baltimore
347
200
1,166
294
247
84
413
849
The following shows the week's total receipts, the total since
1, 1898, and the stock to-night, compared with last year.
Sept,
1898-99.
Beeeipti
to
Thit
week.
July 28.
This
week.
915 2,298,880
Galveston...
Tex. C, Ac.
New Orleans
MobUe
Br'wlck,&o.
Charleston..
P.Royal.&o.
7.372 8,381,825
9,728 8,599,160
235
Wilmington.
Wash'n, &o.
Norfolk
-N'port N.,&o
1
76.370
2,201,821
249,886
242,033
1,030,708
274,286
371,154
23,424
291,682
1,351
1,602
347
200
Uew York...
1,166
294
247
.
Phlladel.&o.
Totals
Since Sep.
1, 1897.
684,250
34,405
120,383
314,730
64,370
52,092
31
250
273
Savannah...
Stock.
1,346 1,911,252
98,031
1,394 2,669,870
46 362,449
118,433
636 1,187,478
476 269,696
355 470,684
75,877
7 323,686
1,280
4,631
581,033
25,527
120.625
239 223,417
278
76,221
320
83,601
1,811
"P'saeola, &c.
Boston
Baltimore
1897-98.
Since Sep.
1, 1898.
1899.
1898.
10.730
17,911
161,195
5,638
81,303
3,465
9,126
9,942
5,996
4,826
9,471
6,644
30,768
18,503
694
2
145,065
7,000
7.117
7,664
92,698
5,500
12,845
9.735
400,464
263,379
>>*
In order that comparison may be made with other yearp,
we give below the totals at leading ports for six seasons.
Receipts at—
1899.
1898.
915
Galves'n,&o.
New Orleans
Mobile
1896.
1897.
1895.
1,346
1,394
252
984
41
1
46
636
355
7
Norfolk
N. News, &o.
1,602
4,631
All others...
2,157
1,313
1,559
128
141
295
Tot. this wk.
7,372
9,728
3,207
5,539
1,811
31
Savannah...
273
235
Chas'ton, &o.
Wilm'ton, &o
347
from—
,
1899.
New
Orleans..
4,986
260
250
Savannah
3
Sept.
610
1,760
3,944
7865.690 5918,843
1,
1898, to Jul y 23, 1899
834,105 313,420
138,120
97,825
Brunswick....
165,284
Charleston....
Port Royal....
78,930
21,210
118,002
49,135
1.075
1.075
5,199
6,182
Boston
Baltimore
100
2,148
1,980
733
1.880
2C0
2,148
304,139
391,688
124,174
Philadelphia..
14,243
San Fran., &c..
14,068
Total
Total, 1897.98.
15,149
32,216
Continent.
lotal
646,762 1.992,169
13,625
32,310
724.918 1,872.413
29,274
167,894
113,196
226,170
541,575
625,557
86,118
251.402
157,210 236,140
......
142,567
30,799
32,500
9,955
291.886
1.055
6,762
123,815
21,344
.
New York
1,0U0
2,500
1,800
10,000
None.
None.
Total 1899...
9,213
7,664
15,837
Total 1898. .
Total 1897...
22,661
1,788
100
1.100
10,918
1,636
3,000
New York
900
Other ports
136.799
300
Total.
137,810
9,722
9,126
5.696
23,385
1,008
None.
300
1,300
4,300
5,638
16,768
143,765
27,646
11,579
44,293
356,171
2,600
1,118
36,279
5,642
227,100
100,996
None.
14,000
Speculation in cotton for future delivery has been moder"
ately active.
The tone has been somewhat unsettled, although for the week prices show a slight decline.
Th©
principal feature of the trading hag been the liquidation i^
August, both of long and short accounts. Speculative holders, however, have not been disposed to go out of the market; consequently much of the business transacted the past
week has been switching: that is, transferring holdings in
August to the more distant deliveries, particulary January.
As a result of this switching the differences in values between the near-by and distant deliveries have gradually
widened, prices for the near-by months weakening to a
greater extent than for the far-off deliveries.
Thursday
was the first notice day for deliveries on August conracts,
and notices
were tendered to the extent of
slightly over 50,000 bales.
Immediately following our
last the market turned weaker, prices declining several points
under the favorable prospects for the growing crop as indicated by the Chronicle's weather reports. Tuesday the
prices further declined under moderate offerings, prompted
by the summary of the weekly Government return reporting
favorable prospects for the growing crop.
Wednesday
there was a recovery in prices of 5 to 6 points, principally
on a demand from shorts to cover contracts. Thursday
there was an unsettled market; liquidation in August, resulting from the free issuing of notices, had a weakening influence, but complaint of too much rain in the Gulf States and
steady foreign advices stimulated a demand from shorts to
cover contracts and the declines in prices were recovered.
To day the market was weaker rains were reported in
;
where needed, and clearing weather was reported in the Gulf States. There was some selling for local
account, and as there was an absence of buyers prices for
the day showed a loss of 1@2 points. Cotton on the spot has
been quiet and on Tuesday prices declined l-16c. To-day
the market was quiet and uachanged at 63 ^c. for middling
Southern
Texa=!,
uplands.
On the basis of the rates on and off middling as established
by the Revision Committee, the prices for a few of the
grades would be as follows:
UPLANDS.
35
348
102
38
443
64
961
51,768
Wilmington...
Norfolk
N'port N., &c
62
None.
300
None.
Middling..,
18,685
3,803
1,217
946
None.
None.
None.
Good Ordinary.
1.047,001 398,416
1,183
11,791
Charleston
Mobile
Norfolk
stock.
Coastwise.
7,564
None.
None.
None.
None.
None.
100
None.
1,423
Great
Conti- lotal
Great
France
France
BriVn.
nent. Week. Britain.
Mobile
Pensaoola
None.
None.
None.
None.
762
80
117
30
25
53
Exported to—
Galveston
Tex. City, &o..
2,813
Galveston
3,250
17
973
98
Wrom
Leaving
Great
Other
Britain. France. Foreign
New Orleans...
530
for the week ending this evening reach a total
of 16,571 bales, of which 3,796 were to Great Britain, 200
to Prance and 12,575 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1898.
Ending July 28
Exported to—
ON 8HIPBOABD, NOT CLBABBD FOR—
July 28 at
1894.
The exports
iftek
We
83
fllnoe Sept. 1 8381,825 8599,160 6676,486 5210,938
Mxporti
In addition to above exports, our telegrams to-night alec
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows. Produce Exchange Building.
634
98
31
36
178
28
[Vol. LXIX.
Savannah
915
51
5
1
Total.
Fri.
••••>•
Mobile
Tot. this
6
THE CHRONICLE.
234
Beeeiptt
e
,
Low
3,7a6
200
12,575
16.571 3.189.719 792,756 2,954,261 7,233,736
2.652
9,471
24,852 3,466,2S6 813,060 3.136,731 7.418,077
63l6
69ie
7i]e
Middling Fair...
GULF.
6ifl
61a
7iie
7
7
7
7
538
55,«
55l6
51616
55,6
5iBie
561
5iBu
638
638
67,
6i3,e
638
638
6%
6%
75, fl
75, fl
714
714
Mon Tnes
4%
4i3|e
k.
\red Tb. Frl.
6i3ie
Sat.
5I16
51118
6l6
6
Middling
Strict Middling
Good Middling Tinged.
5itie
6i«
538
STAINED.
5iifi
61s
6
67,a
Middling Fair...
51i«
5Uie
61a
Low Middling...
Middling
TH. Frl.
eifl
Good Ordinary.
Good Middling.
IV^ed
^>
69ie
Mon Tnes
Sat.
5^
r4'«
53132
63i8
53132
63i«
51I16
52932
6l8
6\
714
7I4
WeO. Tb. Frl.
4?t
5iiie
529gi
61s
4%
511,6
52932
6l8
4%
5Ui8
58932
61s
The quotations for middling upland at New York on
July 28 for each of the past 32 years have been as follows.
1891. ...0. 8
1890
1238
1889
115i8
1888
11
1887
1038
1886
91a
1038
1885
1884
11
I875....C.I4I4
1883. ...0.10
12''8
17
1882
1874
21
1881
1873
11^
1872
22
1880
119,6
llSp
7
1871
1879
201s
IIII16 1870
7
20
1878
34
123,6
1869
1877
SMa
2914
1131
1868
1876
71a
Note.— On Oct. 1, 1874, grades of cotton asq noted were changed.
According to the new classilioatlon Middling was on that day quoted
330. lower than Mlddlins; of the old clasaifloation.
6ie
6ii8
7i5ie
75,6
1899. ...0.
1898
1897
1896
1895
1894
1893
1892
MARKET AND
Market
Closed.
Quiet
Saturday
Monday.. Quiet
Quiet
at ii6dec.
Tuesday...
Wednesday Steady
Quiet
Thursday..
Quiet........
Friday
.
.
.
Total
SALES.
Futures
Spot Market
Closed.
78,934
12,^29
5\
Middling
Low Middling
5I16
5ie
518
Good Middling.,
21,210
260,569
31.299
628,505
398,450
248,074
14,243
150,867
mon Taes
Sat.
B'rly steady.
Sales of Spot
Ex-
Con-
Con-
port.
sump.
tract.
200
Quiet
B'rly steady.
Hteady
Steady
Steady
& Contract.
105
232
376
220
ico
933
200
ioo
ioo
300
Total.
200
203
232
476
220
100
1,433
July
THE CHRONICLE
29, 1899.]
FxrrmtES.
— rhe
and closing prices
lowest
highest,
S
—
the movement that is the receipts
since September 1, the shipmente for the
and the stocks to-night, and the same items for the
week
«
^
"^
235
At THE Interior Towns
of
week and
or the
June—
—
w
.
<=
JULY
MatAPRIL—
ClosingRange
Closing
Range
Closing Range
Closing Range
Closing Range
August—
Closing Range
8t.
8EPTEMBEB—
C3
» |P(j>>-C3aiWt3<swPa>aPai£
—
Paris,
Rome,
Yazoo
Dallas,
Atlanta,
Charlott«,
NashvlUe, Memphis,
Vlcksburg,
* •
:
1
1
1
1
d
1
1
1
1
1
1
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1
d
Oitn
ccco
1
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d
00 00
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1
9
WW WW ?
v>v>
coco
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05 00
0:03
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cote
ob
Columbus,
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MIO
s
1
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1
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1899.
Louisiana
Tennessee..
.
I
1
d
s
a,
1
.
Total American
E<xat Indian, Brazil,
Liverpool stock
London stock
Continental stocks
India afloat for Europe
die.
—
*»
0
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to
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1896.
i,000
11,000
655,000
30,000
147,000
7,000
iiOO
•/OO
503,000
421,000
64,000
165,504
78,161
6,7:-9
5,109
2,359,625 l,81V!,lb2 1,112,387 1,238,407
79,000
82,000 117,000 141,000
5,000
11,000
4,000
6,000
63,;-' 00
88,vOO 132,200
76,300
36,000
31,000
74,000
36,000
1 5,000
7,000
l'>,000
18,000
208.300 241,300 264,200 327,200
2,359,625 1,812,162 1.112,3-^7 1,238,407
2,565,925 2,0i:^,462 1,376,^87 l,56->,607
1
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Egypt, Brazil, &o. afloat
Total East India, &c
Total Amerioan
Total visible supply
Middling Upland, Liverpool..
SSsd.
Sieged.
4932d.
32«s2d.
Middling Upland, New York.
6ieo.
77, go.
6ii8C.
8o.
Egypt Good Brown, Liverpool
SSgd.
4''8d.
65ied
S^ipd.
Peruv. Rough Good, Liverpool
Q^A..
B^gd.
G'^gd.
63ied.
Broach Fine, Liverpool
SM.
3>«d.
4732d.
3*i6d.
SSgd.
TlnneveUy Good, Liverpool...
S^d.
SSjftd.
43,ad.
E^" The imports into Continental ports the past week have
been 42,000 bales.
The above figures indicate an increase in the cotton in
sight to-night of 512,463 bales as compared with the same
date of 1898, a gain of 1,189,338 bales over the corresponding
date of 1897 and an excess of 1,000,318 bales over 1896.
,
r
.»
too
M
1
1
604,000
336,000
35,000
106,638
28,743
2,006
[ol
«>•
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to
s
ei^OOO
866,000
494,000
6V,000
263,379
121,674
•
"^^
CO
11,000
6,000
11,000
189,000
185,000 139,000
6,000
4,000
5,000
74,000
64,000
70,000
50,000
39,000
35,000
19,000
19,000
39,000
557,W00 424,200 553,-'00
Tetal European stocks
1,767,300 1,509,S00 1,15), COO 1,20", 200
India cotton afloat for Europe
31,000
36,000
74,000
38,000
Amer. cotton afloat for E'rope. 106,000
3.=>,000
64,00o
62,000
Egypt, Brazil, &c.,aflt.forE'pe
l>-,000
l.'>,000
15,000
7,000
Stock In United States ports.. 400,464 263,379
106. d3s
165,504
Stock In U. 8. interior towns.. 237,43fi 121,674
78,164
28,743
8,72.t
."^,109
United States exports to-day..
6,739
2,006
Total visible supply
2.565,a25 2,05d,462 1,376,587 1,565,607
Of the above, totals of American and other descriptions are as follows:
American Liverpool stock
bales. 1,018,000
Continental stocks
589,000
American afloat for Europe. . 106,000
United States stock
400,464
United States interior stocks. 237,436
United States exports to-day..
8,725
M«
;
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1
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00
59
?l
Ki.1
1
:
to
1897.
rOO
:o
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05
to
to
721,000
6,000
727,000
23,000
120,000
lt»,000
O5I
oo
ISaS.
220,000
1,000
ARKANSAS..
Kentuckt.
N.Cakolina
Carolina
t
948,000
4,000
9a:,i,000
•
Alabama...
Mississippi.
?
cable and telegraph, is as follows. Continental stocks, as well
as those for Q-reat Britain and the afloat, are this week's retnms, and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (July 28), we add the item of exports from
the United States, including in it the exports of Friday only,
Stock at Liverpool
bales. 1,097,000
Stock at London
5,000
Total Great Britain stock. 1,10:^,00')
Stock at Hamburg
3?,000
Stock at Bremen
250,000
Stock at Amsterdam
3,000
Stock at Rotterdam
SOO
Stock at Antwerp
4,000
Stock at Havre
1S2,000
Stock at Marseilles
6,000
Stock at Barcelona
95,000
Stock at Genoa
55,000
2H,000
Stock at Trieste
Total Continental stocks
66f),>100
OB
"
GEORGIA...
Missouri...
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snow tbat the interior stocks have decreased during the week 11,374 bales, and are to-night 115,762
bales more than at same period last year. The receipts at all
towns have been 982 bales more than same week last year.
The above
totals
Overland Movement for the Week and Since
We give
Sept.
1.
below a statement showing the overland movement
week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
July 28 and since Sept. 1 in the last two years are as follows.
for the
1897-98.
1898-99.
July 28.
Week.
Shipped—
Via St. Louis
3,719
Via Cairo
Via Parker
Via Rock Island
285
1.
939,702
406,657
Week.
1,997
1,743
42",967
ViaLoulsvUle
Via Cincinnati
Via other routes,
Since
Sept.
5',323
55
&().... .......
Total gross overland
Oedtut thipmentM—
Overland to N. Y., Boston,
2,047
204,334
179,730
236,717
11,429 2,010,107
<fco.
Between Interior towns
Inland, <teo., from South
Total to be deducted.........
"343
415
362
Since
Sept.
1.
866,162
392,'i4 3
33,200
46,922
132,651
155,835
191,212
5,360 1,818,625
398
293
551,575
?0,615
101,764
837
466
745
503.864
39,786
54,702
2,598
703,954
2,048
598,352
1,9^17
Leaving total net overland*..
3,312 1,220,273
8,831 1,306,153
movement by rail to Canada.
The foregoing shows that the week's net overland movement
this year has been 8,831 bales, against 3,312 bales for the
week in 1898, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 85,880 bales.
Including
1898-99.
1897-98.
In Bight and Spinners'
Takings.
Week.
/Since
Sept. 1.
7,372 8,381,82.=
Reoelpts at ports to July 28
Week.
Since
Sept.
1.
9,728 8,599.160
3,312 1,220,273
8,831 1,306.153
Net overland to July 28
Southern consumption to July 28 26,000 1,232,000 21,000 1,035,000
Total marketed..
'nterior stocks in excess ....
...
Came Into sight during week.
Total in sight July 28
42.203 1C919978 34.040 10854433
76,598
*11,374 133,317 * 10,710
23,330
30,829
11653295
10931031
3,170 2,167,301
North'n spinners tak'gs to July 28
8 935 2,216,788
* Decrease during week.
It will be seen by the above that there has come into sight
during the week 30,829 bales, against 23,330 bales for the
same week of 1898, and that the increase in amount in sight
to-night as compared with last year is 122,264 bales.
..
.
THE CHRONICLE.
236
Quotations for Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
[Vol. LXIX.
—
San Antonio, Texas. It has rained on one day of the
week, the precipitation reaching eighteen hundredths of an
Minimum temperature, 74.
Weatherford,
Texas. There has been rain on one day of
Week ending
July 28
the
week, the rainfall reaching forty hundredths of an inch.
Fri.
Wedne$. Thurs.
8atur.
Tues.
MOH.
The thermometer has ranged from 70 to 106, averaging 88.
5 ''8
578
578
578
Galveston.
5^8
5'8
5^
New Orleans 55i
5^
Palestine, Texas.
5%
We have had rain on two days of the
5%
5%
51I16
51I16
51I16
51I16
5liifl
Mobile
511,6
week,
the
reaching
twelve hundredths of an inch.
rainfall
5S8
5B8'
588
Bayannah...
58e
588
5»s
Charleston.
Average
highest
thermometer
98 and lowest 72.
85,
578
579
578
Wilmington.
578
5^8
57b
5'B,6
New Orleans, Louisiana. We have had rain on five days
515.6
5161,
Norfoli
516,6
51016
515,6
6ie
bl8
fi3,^
Boston
6S,B
63,^
6Hs
during the week, the rainfall reaching three inches and
638
tv38
638
Baltimore
638
638
638
638
esg
638
PMladelphla
638
e^ie.
eighty-three hundredths. The thermometer has averaged 83,
67i^
6I4
6I4
614
Angusta
614
«14
6H
Shreveport, Louisiana. There has been rain on one dai£
5%
Memphis
5%
5%
5%
5%
5%
5%
St. Louis
5%
5^
5%
5%
5^
during
the week, the precipitation reaching five hundredths
513,6
513,6
Houston
513,6
513,6
5i3ie
513iB
578
578
578
Cincinnati
5^8
S-'s'
of an inch. The thermometer has ranged from 75 to 100,
5V
578
578
Louisville...
578
5'8
57e
57e
averaging 86.
The closing quotations to-day (Friday) at other importatt
Columbus, Mississippi. Rains have been general and in
Southern markets were as follows.
some
lo:3alities excessive, but no serious damage is reported.
588
Athens
Nashville
6
Columbus.Mlss 5^
Atlanta
Natchez
S^^e
Eufaula
We have had rain on six days daring the week, the rainfall
59,6
6i6
Charlotte
5ie
Raleigh
6
Little Rock
Average
being four inches and sixty- four hundredths.
5B,e
Oolumbus. Oa. 5^
Shreveport
Montgomery... 53e
thermometer
highest
98, lowest 72.
84,
Receipts from the Plantations. The following table
The weather is clear and pleasant
Oreenville, Mississippi.
indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor after the showers.
Southern consumption; they are simply a btatement of the
Meridian, Mississippi. It has rained heavily on each day
weekly movement from the plantations of ttiat part of the
of
the past week, causing overflows, which have damaged
crop which finally reaches the market through the outports.
the crop in places.
Week
^eceivtf at tke Portt 3t'k at Interior Towns. Rec'vti from Planr tu
Little Rock, Arkansas.— It has rained on three days of the
Ending1839.
1899.
1898.
1S97.
1899.
1898.
1897.
1897.
week, to the extent of three inches and seventeen hundredths.
1898.
Average thermometer 82, highest 93 and lowest 71.
Jane 23
35,779 15,133
6,034 S09,499 If55,659 61.319 13,196
4,449
"
8,S62 28?,719 168,658 62.480
30
17.521 19.391
12,293
Helena, Arkansas.— There has been rain on six days during
20.f87
July 7
7.291
4,932 «3,(23 160,394 41,353
1.825
9.989
the week, the precipitation reaching five inches and twenty11
84.765
4,416 261,3*0 145.765 3»,937 12,682
inch.
—
CLOSING QDOTATION8 FOB MIDDLINC COTTON 0^-
.
—
—
.
.
—
.
—
—
—
—
,
••
"
"
9.421
..
21
28
16,615
7.372
,
.
,
4.795
7,862
2.447 248,«10 132,384
9.728
3,207 237,436 121.674
31.769
«8,743
161
—
The above statement shows: 1. That the total receipts
from the plantations since Sep. 1, 1898, are 8,515,142 bales; in
1897-93 were 8,675,75? bales; in 1896-97 were 6,584,635 bales.
2.
That although the receipts at the ontports the past week
were 7.373 bales, the actual movement from plantations was
bales, the balance being taken from stocks at interior
towns. Last year receipts from the plantations for the week
were bales and for 1897 they were 181 bales.
—
—
Weather Reports by Telegraph.— Oar telegraphic reports by telegraph from the South this evening indicate that
rain has been quite general during the week, and that at a
number of points, more particularly in Alabama, the precipitation has been excessive.
In Central Texas, however,
While in a few localities
damage to the crop is claimed from the heavy rains, on the
whole they were of benefit to cotton. Shedding is reported
moisture
is
said to be badly needed.
in sections of
Rains have been partial and at some
places have done damage to crops. The thermometer has
averaged 85, the highest being 92 and the lowest 71.
Memphis, Tennessee.— Rain the past week has bean general
and beneficial. There has been rain here on five days, the
precipitation being five inches and eleven hundredths. Now
hot and clear. The thermometer has averaged 78-9, ranging
from 70-6 to 90.
Nashville, Tennessee.— There has been rain during the
week, the precipitation reaching six inches and thirty-two
hundredths. The thermometer has ranged from 64 to 94,
averaging 79.
Mobile, Alabama.— Reports from the interior indicate that
there have been heavy and continuous rains in most sections. It has rained here on each day during the week, the
precipitation being seven inches and forty hundredths. Average thermometer 80, highest 92 and lowest 72.
Montgomery, Alabama. There has been rain on six days
during the week, to the extent of ten inches and fifty -eight
hundreoths. The thermometer has averaged 80, the highest
three hundredths.
2.985
Texas and Alabama.
Galveston, TVa^as.— Crop conditions are claimed to be unfavorable. The plant is shedding. Rain is said to be badly
—
needed over Central Texas. It has rained heavily on three being 90 and the lowest 70.
days of the week, the precipitation reaching five inches and
Selma, ^Zabama.— Rust continues to spread and the heavy
eleven hundredths. The thermometer has averaged 81, rang- rains have caused cotton to shed. We have had rain on each
ing from 72 to 90.
day of the week, the precipitation reaching four inches and
Brenham, Texas. We have had rain on three days of the twenty-five hundredths. The thermometer has averaged 84,
week, the precipitation reaching one inch and thirty-four ranging from 71 to 95.
hundredths. The thermometer has ranged from 75 to 97,
Madison, Florida. There has been rain on four days duraveraging 86.
ing the week, the precipitation reaching three inches and
Columbia, Texas. We have had rain on two days of the forty hundredths. The thermometer has ranged from 74 to
past week, the precipitation being one inch and ninety-eight
92, averaging 82.
hundredths. Average thermometer 83,]Jhighest 92 and lowSavannah, Georgia.— We have had rain on four days of
€st 73.
the past week, the precipitation being fifty hundredths of an
Corpus Christi, Texas. We have had no rain during the inch. Average thermometer 82, highest 91 and lowest 74.
week. The thermometer has averaged 84, the highest being
Augusta, Georgia.— There has been rain on four days of
92 and the lowest 76.
the week, the precipitation reaching one inch and fifty-one
Cuero, Texas. We have had one shower during the week, hundredths.
The thermometer has averaged 81, the
the rainfall reaching six hundredths of an inch. The ther- highest being 91 and the lowest 71.
mometer has averaged 85, ranging from 71 to 99.
Charleston, South Carolina.—There has been rain on five
We have had showers on two days dur- days of the week, to the extent of two inches and eight hunDallas, Texas.
ing the week, to the extent of thirty five hundredths of an dredths. The thermometer hat averaged 81, ranging from
inch. The thermometer has ranged from 70 to 104, aver74 to 88.
aging 87.
Stateburg, South Carolina.— It has been showery on two
BuntsviUe, Texas, We have had rain on two days of the days of the week, the precipitation reaching sixty-seven hunpast week, the precipitation being one inch and eighteen dredths of an inch. The rain w""S very beneficial, but more
hundredths. Average thermometer 85, highest 96 and low- will soon be needed. The thermometer has ranged from 71
—
—
—
—
—
—
—
est 73.
to 97, averaging 81.
Luling, Texas.— There has been rain on three days of the
week, the precipitation reaching fifty-three hundredths of an
inch. The thermometer has averaged 87, the highest being
Greenwood, South Carolina. We have had rain on three
days of the week, the rainfall being one inch and seventeen
Average thermometer 82, highest 92, lowhundredths.
ICO and the lowest 74.
est 72.
—
a
July
.
.
.
:
THE CHRONICLE
29, 1899.]
—
Wilson, North CaroVna. There has been rain on five days
during the week, to the extent of two inches and ninety
hundredths. The thermometer has averaged 81, the highest
being 90 and the lowest 74.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o'clock July 27, 1899, and July 28, 1898.
237
Sea Island Cotton Movement.— We have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (July 28) and since
Sept. 1, 1898, the stocks to-night, and the same items for the
corresponding periods of 1897-98, are as follows.
.11
t
July 27, 99. July 28,
Feet.
New Orleans
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge
Above zero of gauge.
Memphis
Nashville
Shreveport
Vlcksburg
'98.
1898-99.
Feet.
5-3
6-2
126
Receipts to July 28
7-8
7-2
5-9
14-5
64
12 2
210
Since
This
Sept.
<Joeek.
S kvannah
Oaarleston,
Movement from all Ports.— The receipts
Bombay and the shipments from all India ports
Florida,
1897-98.
<Sco.
Ac
1,
8ioc\
This
Sinct
aeek. Sept. 1
53,588
5,625
8,161
6
67,354
6
L899
1898
59.233
9,772
6,706
266
263
6,888
1,656
27
161
75,711
556
8,705
India (JOTTON
of cotton at
for the week ending July 27, and for the season from Sept.
to July 27 for three years have been as follows:
Meeeiptt at-
Since
Week.
Bombay
Week.
Sept. 1.
10.000 2.015.000
1896-97.
Since
Since
Week.
Sept. 1.
Sept. 1.
Since September
Oreat
Oontinent.
Britain.
Great
Britain.
Total.
for the
—
—
Veek.
1.
—
from—
Continent.
Ending July
Breai Fr'nce
Srit'n.
Total.
1898-99..
1897-98..
1896-97..
2.000
5
i'.o'oo
000
2.000
2,000
6.000
2,000
15,000
14.000
32,000
522,000
435,000
557,000
537,000
449,000
589,000
i'.ooo
2.000
4,000
7,000
29.000
27,000
69,000
3l,00i
31.000
2,000
2,000
8,000
17,000
4,000
16,000
19.000
24,000
Calcutta—
1898-99..
1897-98..
1896-97..
i'ooo
i',oo6
76 000
Madras—
1898-99..
1897-98..
1896-97..
GOOO
AJl others—
000
3000
4,000
6,000
4.000
6,000
7,000
13,000
28,000
110.000
119,000
118,000
117,000
ISi.OOO
146,000
5,000
10.000
b.OOO
5,000
11,000
8,000
26.000
33.000
75,000
678,000
704,000
61'^ 000
835,000
1898-99..
1897-98..
1896-97..
3
Total all1898-99..
1897-9S
1896-97.
i'.o'oo
5'*5.000
760,000
According to the foregoing, Bombay appears to show an
compared with last year in the week's receipts of
4,CO0 bales.
Exports from all India ports record a loss
of GjOOf^ bales during the week and since September 1 show
an excess of 86,000 bales.
Alexandria Receipts and Shipments op Cotton. Through arrangements we made with Messrs. Davis, Benachi
& Co., of Liverpool and Alexandria, we now receive a weekly
oable of tlie movements of cotton at Alexandria, Egypt. The
following are the receipts and shipments for the past weeh
and for the corresponding week of the previous two years.
iiicrease
Alexandria, Egypt,
July 26
1897-98.
1898-99.
Receipts (oantars*) . .
This week
Since 8ept. 1
1896-97.
Exports (bales)—
6,514,00w
it
Thit
Since
week. Sept.l.
1
\
i
4,000
5,790,000
1
1
Thit
Sinet
week. Sept. 1
SriVn.
4,949
1,542
Oharl't'n.&c
&o.
York..
BTlorlda,
New
....„
4
Total l«97-8
95
6.000 330.000
3,000 369.000
ToContlnentt
2,000 342.000
3,000 453,000
1,000 329,000
3.000 388,000
Total Europe
9 000 699.000 5000 795.000 4 000 717,000
A oautar is 98 pounds.
t Of which to Amerjoa in 1898-99, 50,107 bales; in 1897-98, 52,283
bales; In 1896-97. 50,395 bales.
\
*"
200
26,234
8,989 35,223
39.249
673 J2,618
8,756 41,404
150 32,883
A
;
Domestic Exports op Cotton Manufactures.— We give
below a statement showing the exports of domestic cotton
manufactures for May and for the eleven months ended
May 31, 1899, and for purposes of comparison like figures for
the corresponding periods
presented
Qfuantitiet of Manufacturt$ oj Cotton {colored and uncolored)
of the
previous
Month ending May
year
are
mos. snding
31. 11
1898.
1899.
United Kingdom
France
yard*
"
Sermanj
'
"
Other eoontries in Europe....
Britlah North America
"
"
"
Mexico
Santo Domingo
"
Cuba
..
Puerto Rico
Other W. Indies & Bermuda..
«.rgentine Kepublto
833,ieo
l.b4»,285
148,28"
604.23W
830.611
2,312,5.9
•'
"
This statement shows that the receipts for the week ending
July 26 were 1,000 cantars and the shipments to all Europe
Hong Kong
9,000 bales.
Japan
"
"
"
"
"
Posses'ns in Australasia
Other Asia and Oceanioa
"
Africa
Other oonntries
"
Brit.
Manchester Market. — Our reporc received by cable
to-night from Manchester states that the market is steady
for yarns and quiet for sbirtings. The demand for both
India and China continues good. We give the prices for
to-daj belov ano leave those for previous weeks of this and
year fc comparison.
1899.
1898-99.
also
May 31.
1897-98.
8.
d.
3»«a7 2
3i2®7 1»3
3ia®7 lia
3i2®7
3is®7 lifl
3ia®7 Ha
m
A.
d.
d.
3113, 5% -aess
3^18 ini6®69,6
3113, iOg 'a'69,t
36, « 5S8
»69,6
338
59ie ®67,,.
338
©67,6
59i«
1.
d.
B.
d.
d.
4 lia®8 8%
©6
4
4
oi^ae
7ifl
31^32
37iB
3I030
31332
4
oi^af?
7^
315.32
-ae
'a>6
8
8
8
Kingdom
Germany
Other countries in Europe
North America
American States
Honduras
Srltlsh
Oentral
VIezioo
St
36.900
7.853
362.-.! 80
1.49C.757
547,67^
13.«6T
74.743
189.ly3
1.807,426
712.154
617.509
28.538
866.860
2li3.796
437.14-'
495.168
8,352.654
13,601,039
71.-<,808
63,t<70
40.030
liiU,3C3
2.730,14
701.140
9,69e.?68
'.8.815
211.!'22
l.li;5.T17
16,401,657
9,678.342
] 60.858
429,248
1,278,978
12,249,448
11.721.733
7,461.837
7.873.201
6.125,708
3,461.506
1.9«8.830
13-.662
7.084.840
2.417,860
22.878
16.973.844 12.863.669
a.627.802
2,459.305
8,529.861
7,423,955
7.304.660
6.241,698
80.047.869 21.580.177
185,737,434 102.416.408
5.502.434 13.206.285
495.206
261.983
635.577
560,029
2.317.63S
942,241
30,112.019 26.244,717
8.363.U93 13,457,137
77.577
100,641
27.872.205
27.514,146 358.693.026 245.297,916
$l,3iiO,867
$1,21^1.354, $16,623,863 $12,099,800
$0476
$•0470
$-0461
$-0493
t24,234
$42,883
Mills Situation.— The spinning capacity
:
Cuba
Brazil
Kong
weavers in theDavol Mills,Fall River, Mass., struck on Monday for an increase in wages. A strike against the fining
system in the New Bedford Mills is talked of. The Stark
Mills, Manchester, N. H., may build a plant in the South.
Ifrioa
ither countries
British Australasia
Other countries
Ooeanica
$391.4'6
18.750
181.225
89.967
$338,393
4.138
173,222
62,178
1,778.704
1,534,766
25.342
b6.S66
25.977
28.756
200.179
363.475
197.609
291.231
17.895
11.715
1.678
89,859
30,465
46.286
40,051
88.701
7.306
1,SH2
16,936
6,831
13.626
2,541
3.960
United States of Colombia
Other countries in 80. America
China
British Bast Indies
of the Danielsonville (Conn.) cotton mills is to be increased
by the addition of 20,000 spindles, making 42,000 in all. The
282
25.8i7
6.96B
183.642
24.fi65
55
Puerto Rico
other W. Indies and Bermuda
Argentine Republic
Uonft
iOO
14,166
8.373
199.628
British
3anto Domingo
1
1
1
4
4
Total yards of above..
Total values of above..
f alue per yard
Onited
France
i^lbs. Shirt- Oott'n
8H
i:tf Oop.
ingt, common Mid. 82f Oop. ngs, common Mid.
Twitt.
Itoist.
to finest.
Upld,
7pld
to finest.
Ibt. Shirt- Oott'Ti
d.
"
13,>^07,686
J:2,0«1
830.642
Values of other Manufacture* of
Cotton exported to—
1898.
1
1,321.663
1.050,599
2u0,h73
1,«91.396
"
"
araill
238.1«8
7,386
8.664
97,069
819,03d
"
"
New England
29,663
1,602
7,984
considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltitnore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for tne week will be found
under the head " Shipping News," on a subsequent page.
Quotations July 28 at Savannah, for Floridas, common,
9c.; medium fine, 10c. choice, 13c.. all nominal.
Charleston, Caroliuas, medium fiae, 18c.; fine, 20c.; fully
fine, 22 to 2>c.; extra fine, 40 to 50c., nominal.
Onited States of Colombia...
Dtberconntrtesln S.America
China
British East Indies
8.
7,940
1.512
5.993 20,801
1,986
2,754
4
578
2,991
Sine I
Week. Sept.l.
200
BWston
Bait., Ac...
Total
Total.
14,803
1,986
2,754
......
Oentral American States and
British Honduras
1
To Liverpool
d.
Iforth'n MiiiS.
!
1,000
5.581,000
1
J'e23 i'8 ®6% 4
" 30 iia,B-6ii,e 4
July 7 513,^-611, 4
" 14 M8^^-6Uia 4
" 21 i". 6-311,6 4
" 28 ilS,p-6U,, 4
iince Sept. 1, 1898.
Qreat Fr'nce
Total
ike.
exported to—
Since
Thii
week. Sept. 1.
'I.
3
bavannah...
Bombay—
last
2
txports
Exports
from—
week ending this evening reach a tota
which 4 bales were to Great Britain,
to Reval, and the amount forwarded to
to France and
bales.
Below are the export^
Northern mills has been
for the week and since September 1 in 1893-99 and 1897-98.
The exports
14,000 1.585,000
6,000 1,775,000
For the Week.
Total.
of 4 bales, of
1897-98.
1898-99.
1
in
Asia
98,294
82..'>l2
8,191
146,339
1,8 Jo
30
530
473
406
14.729
15,551
69,384
10,761
27,767
4,816
482
579
877.611
107,829
5,805
294,039
45.983
7,249
$368,303
$4,185,229
$3,382,298
:MS1
2.J'58
and
Total Talue of other manufaotures of
Aggregate ralue of all cotton goods
117,821
62.612
89.55b
40.677
47.802
19.594
8.M8C
16.163
181.907
5,716
4,968
1.446
6.069
2,5-7
1.620
$445,9251
$1,772,792'
$1,630,657 $20,709,092 tl5,488,09«
THE CHRONICLE.
238
Weather Record for June. — Below we give the ther
mometer and rainfall record for the month of June and
previous months of this year and the two preceding years.
The figures are from the records of the Weather Bureau,
except at points where they have no station; at those point*
they are from rpcords kept by our
March.
own
aaents.
Lowest.
..
Weldon.—
80-0
38-0
51-0
84-0
31-0
53-0
17-0
49-0
Average...
330
56-0
POO
87-0
84-0
58-0
86-0
31-0
54-0
86-0
43-0
66-0
99-0
61-0
76-0
84-0
35-0
92-0
43-0
ee-o
rso
98-0
560
98-0
58-0
74-0
740
ATeiage...
Charlotte—
Higfiest.
84-0
800
82'>
84-1
560
69-0
668
72-n
81-0
48-1
88-0
84-0
65-4
81-0
33-01 35-0
68-0 58-0
84-0
35-0
61-4
85-t)
92-X)
60-0
:oo
feo 891
95-0
44-0
72-6
670 880
77-0 770
49-1
68-4
Lowest. ...
Average..
Baleioh—
14-0
51-0
Highest...
75-0
19-0
52-0
Lowest. ..
1
87-0
31-0
66-0
662
62-t
84-0
28-0
60-0
88-0, 82-0
880|
81-(
650
62-2
57-01 55-7
87-0
28-0
65-0
94-0
96
64-0
78-0
87-0
890
27-1
46-U
67-5
57-8
93-0
41-0
68-7
86-0 100-0
55-0 65-('
76-4 74-3
86-(
8«-i
65-1
Lowest
Average..
Stat eburg.—
80-0
86-0
35-0
59-6
92-0
47-0
95-0
43-0
72-0
8S-0
710
8(1-0
92-0
46-0
69-3
91-0
41-0
70-0
86-0
44-0
80-0
31-0
53-0
86-0
30-0
56-0
87-0
31-0
56-3
880
60-0
78-('
73-0
73-f
830
28-1
48-8
51-2
28-0
54-5
78-0
30-0
53-7
74-0
27-0
49-9
430
66 6
t&v
84-0
83-C
47-0
66-7
47-0
66-6
66-1
Average..
Columbia —
Highest.,..
Lowest
Average
81-0
86-(
89-i>
41-0
81-0
630
85-f.
82-0
.
Lowest
Average..
38-0
63-0
430
630
E80
98-0
60'
77-0
766
98-0
57-0
77-0
97-(
960
560 i8(l
760 77
83-1
330
87-0
32-0
57-7
0V2
595
39-0
63-6
st-o
89-0
56-0
88-8
89-8
850
300
86-0
32-0
60-8
85-1
870
77-0
l«-o
62-0
83-0
84-0
58-8
16-0
50-0
600 55
8
i
80-0
88-0
28-0
67-7
85-0
34-0
33-1
58-0
39-0
62-7
81-0
28-0
63-8
87-0
33-0
23-1
5U-0|
i
81 'C
81-0
84-0
29-0
56-0
85-0
30-0
55-0
550
81-0
14-0
57-8
85-0
87-0
85-0
87-0
84-0
£90,
84-0
84-0
58-6
620 59
01
810
84-0
35-0
61-6
590
73-0
6W9
85-0
77-f
86-0
65-0
71-0
87-0
45-0
67-4
83
58-3
78-0
32-0
55-6
78-0
84-0
29-0
63-0
81-0
87-0
56-0
89-0
30-O
61-0
83-0
34-0
60-0
84-0
39-0
62-0
90
67
88-0
32-0
60-0
84-0
34-0
62-6
96
63-'
780
8J0
98-0 101-0
61-0 4»-0
76-3 75-8
91-0
47-0
71-7
99-1
99-0 101-3
50.0 44-8
75-6 74-«
950
103-0
66-0
92-0
45-0
70-e
69b
93-0
41-0
66-7
97-0 108-r
49-0 41-0
730 75-2
98-0
48-0
68-0
98-0
50-0
75-0
92-1
550
77-5
46-0
70-4
91-0
67-0
80-0
99-0
980
80-0
99-0
38-0
blO
97-0
5H-0
97-0
61-0
79 8
100-1
60-0
hO-6
99-'
86-0
89-11
611
98-0
5e-o
75-5
88-0
43-0!
6S-4I
lOOl
61-0
80-4
670
33-(
84-0
85-0
80-0
3i-0
81-0
88-0
54-8
59 6
666
69-81
80-O|
87-0
Average... 610
7b-l
106*0 103-0 100-0
6o-ti
62-0
60
80-0 83-0 81-0
99-0
68-0
97-0 100
64-1
6r(
b0 6
80-6
814
95-0
Lowest
Average...
65-0
S'l-O
860 850l 97-0
480 450 5S0
63-6
6ti-2
88-0
42-0
67-0
37-0
64-0
40-0
87-0
48-0
67-U
88-0
690
85-0
41-0
68-0
88-0
88-0
88-0
j
638
91-0
54-0
74-0
86-0
38-0
63-4
94-0
88-0
88-0
41-.
97-0
5H-0
78-1
63-0
79 6
99i
970
680
792 790
65
47-;
51-1
68-1.
76-4
78-0
72-8
80-4
97-0 100
95-0 61Sj-1 818
88-0
96-0
97-0
93-'
44-(
69-01
61-1
58-(
93-0
64-0
78-3
53-0
3
97-0
60-0
48-<
.
770 73
86-0,
91-0
93-0
470
H40
780
58-1
7-/-0
740
83-0
920
590
65-0
73-0,
780
91-0
53-0
76-0
87-0
57-0
75-0
lampa.—
94-0
100-8
920
52-1
586
71-0
78-0
80-0
27-0
54-8
82-0
32-0
53-6
87-0
29-0
5«-0
80-0
30-0
54-4
84-0
39-0
58-4
90-0
800
300 810
90-0
36-0
6i-0
81-0
350
84-0
43-0
53-7
61-4
46
fc7-0
460 50-(
690 730
68-0
Highest...
88-('
790
88-0
Lo vest
43-0
70-0
47-0
70-0
49-1
86-0
46-0
71-0
87-0
51-0
72-0
..
Lowest
Average..
Jupiter—
. .
.
Highest... 86-0
Lowest
Average...
73-0
87-0
37-0
66-1
85-0
62-0
83-0
43-C
65-8
Nashv Ue.Hlghest
Lowest
3-0
Average..
Memphis. —
Higoest..
48-0
Highest..
Lowest...
Averaiie..
70-0!
90-0
88-0
68-0
88-0
94-0
81-C
40-0
65-5
38-C
650
56
77-4
87-0
22-0
59-5
84T
86-0
33-0
63-0
84-0
89-0
63-8
3.-0
63-0
88-0
42-0
64-0
86-0
340
68-0
MoUle.-
93-0
950
06O
800
64-0
bl-0
90-0
69-0
89-0
670
93-0
71-0
8u-(
79
810
91-0
68-0
81-0
95-0
960
97-0
470
62-0
80 3
63-0
8J-6
660
72-3
98-0
96-0
48.0
76-9
94-0
65-0
96-0
43-0
78
760
77-0
32-0
60-0
82-0
83-0
63-0
79-(
41-0'
84-0
91-0
45-0
66-0
60-(.
64-0
82-0
40-0
63-0
82-01
66-0
Highest... 850
85-0
30-0
61-0
86-01
89-0
32-0
61-4
86-0
32-0
61-0
8(5-0
93
34-0!
52-0
76-0
Higbest..
Lowest
Average..
Newton—
80-8
88-0
4»-o
7o-0
93-0
69-0
78-0
93-0
65-0
79-0
960
550
94-0
44-0
76-0
93-1
68-6
90-0
43-0
71-0
900
76-8
78-0
92-0 108-0
63-0 630
78-9 78-6
100-0
62-0
79-0
420
9«-0
61-0
56-0
9S0
820
87-0
49-0
64-4
980
53-'
95-0
61-0
78-6;
790
96-0
51-0
76-8
91-0
92-0
93-0
79i
796
78-S
103-0
66-0
91-0
97-0
57-0
43
68-1
..
Average..
Hi.hest..
..
55-1
90-0
4l-n
72-4
700
90-0
58-0
73-7
890
460
73-2
89-6
48-0
68-0
K9-O
51-0
73-0
89-0
87-1
800
650
5)-0
69-0
84-0
88-0
63-0
74-8
89
^9
94-0
83-0
59-8
55-4
76-0
3-0
50-0
73-0
30-0
61-0
78-t
35-1
880 79
830
30-0 33u 43-r
68-0
C4-0
55-0
62-0
7*-5
lOO-O
51-0
77-3
78-0
39-0
82-8
75-0
42-0
62-9
79-0
51-0
66-5
77-0
44-0
66-6
84-0
50-0
67-3
81-0
50-C
69-4
85-0
71-0
88-0
28-0
6J-0
860
85-(
38-0
91-0
37-0
Oi\
«4-i3
83-0
39-0
94-0
88-t
41-0
66-C
910! 90-0
31-0
59-0
82-0
38-0
58-0
94-0
27-0
6J-0
93-0
34-0
64-0
93-t
91-0 101-0
51-0 4S-0
74-5 74-0
98-0
41-0
95-0
Hi-0
970
§00
78
76-0
94-0
93
91-0
5J-3
73-5
6«0 650 670
56
820 760
77-0
890
93-0
66-0
81-7
TEXAS.
Oalvestoii .—
Lowest
Average
Palestiru. .
Hignest.
Lowest
..
...
Average..
56
78-3j 74-9
68-0
77-0
74
93-0
6J-0
77-0
93-0 101-0
61-0 61-0
77-8 780
99-0
95-0
61-0
80-4
97-0'
90-0
88ii
63-0
980
9V0
38-0
68-0
38-0
69-0
690
93-0
45-0
tv-z
85-0
30-6
86-0
88-0
83-0
88-5
420 430
es
60 2
65-0
84-0
65-3
647
64-7
64-9
7o 9
45-0
75-8
86-0
24-0
61-6
93-0
87-0
86-0
87-0
63-1
86
97-0
980
95-0
£7-8
89-0
31-0
69-3
11-0
65-6
60-0,
78-81
41-0
75-1
490
731
81-0
16-0
79-0
80-0
84-0
87-0
85-0,
37
48
AversKe.
48-51
49-41
60-1
M-4
83-0
as-0
67-8
87
_.
182
89-0
26-0
80-o;|
Lowest
33-0
66-0
average...
HuntsvUle.—
590
790
890
6O0
Lowest
98-0
790! 78-0
87-0
2i-0
63-1
93-0
94-u
1
610
78-0
93-0
23-0
38-0
7l-0! 71-0
80-6! 810
460 480
5S-0|
Highest...
Average...
5aii Antonio.
Highest...
48-0
70-0
90-0
58-0
75-0
610
79-6
90-0
61-0
91-4
j
Highest...
850
Lowest
3 10
01-6
Average..
Lon{iview—
Hignest....
89
Lowest
260
..
Average.
i
OKLA.
63'6
93-0 101-0
660 61-0
80-21 81-1 81-5
95-0
60-0
'
99-0 lOl-O 105-0
6I-0I 680 50-0
81-6 83-3
81-6
T.
Vtlahoma—
Highest....
..
I
59-6
1
0:
70-41
1
93-0
68-0
7ffS
410 48
688 66 8
May.
ApriL
91-0
48
75-4
June.
390
.
57-8
84-0
63-0;
77-0
63-0
Birminuham
..
lOl-O
6W-0
b8-ij
98-0 101-0
670 67-0
8ii0 82 6
870
92-0
16-0
78-0
58-u
71-0
96-0
41-0
73-0
91-0
43-0
69-0
99-0
64-0
790
84-0
80-0
61-0
57-8
Average-..
660
78-t
28-0
67-0
51-6
89-0
84-0
61-0
630
360!
94-0
56-0
64-0
770
84-0
34-0
61-1
910
63-0
88-0
53-0
88-'
89-01
84-0:
820
57-0
60-3
89-0
83-0
29-0
57-0
64-(<
75-0
4-38
14
1-95
6-69
1*81
1-(19
5-18
12
7
11
9
12
13
1-01
1-52
1-83
4-5
13
11
13
8
8-40
6
2-17
11
4-12
11
4-37
9
4-53
39;
3-65
3-10
2-28
16
d
15
8
5-49
15
5-83
U
6-21
19
3-51
2-71
3-94
11
10
10
9
11
18
5
12
12
6-83
4-16
4-82
401
3-05
4-66
7-49
2-85
4-48
3-28
3-44
16
Days rain
Mor\janton.
Rainfall.ln .0-75
Days rain. 10
10
13
10
11
11
4-78
10
13
12
10
10
15
3-65
6-79
4-60
2-55
4-93
345
7-47
5-14
12
7
7
7
8
6
4-6«
9
8-51
7
3-33
7
10
13
1-60
1-71
4-38
8-65
2-48
0-61
1-20
3 29
23
10
8
8
5
9
13
4-68
10
6-4
6
1-89
11
331
12
3-50
2-71
5-95
11
4-86
9
1-15
1-12
8-08
6-31
265
5-85
7
4 11
16
2-89
4
6
5
8
9
13
3-29
3-66
2-43
2-32
0-85
1-15
1-30
13
5
9
6
5
7
2 56
9
3-18
6
4-90
9
9
4-43
14
5-40
4-15
6-73
8-88
6-23
468
3-38
0-65
1-19
4-57
1-67
4-80
8
8
11
9
9
9
6
7
4
9
7
12
3-39
Wiimiiiut'n
Ralafall.lD
Days rain
Weldon. KainfaU.lD 6-11
14
Days ralu
Charlotte Ralufall.lD
Days rain
Rrilnfall.liD
bl-0
S.CAROL'A
IfOO
Charleston
Ralnfall.in
Days rain
660
95-0
61-0
79-u
BO-0
8i-l
90-0
48-0
70-0
1000
98- >.
1010
56
63-1'
bO-o
81-0
66-0
81-6
90-0
48-0
72-0
90-0
100-0
54-0
80-0
950
67-0
100-0
«l-0 52-0
80-0 79-2
LOUIS'NA
Rainfall.ln
9
Days rain.
Colutnbia.—
3-57
Ralafail.ln
Days rain. 11
84-0
Lowest
380
640 660
Average..
Bhreveport .Highest...
Lowest
Average...
Or'd Coteau
Highest...
.
.
88-0
39-0
88-0
45-0
67-0
84-0
60-0
69-4
82-0
48-0
Rainfall.ln
Days
rain..
Oreenwood —
4-26
9
93-0
63-0
75-0
88-0
53-0
94-0
68-0
91-0
700 690
GEORGIA.
6o-l
9)-C
66-0
79-0
740
800
81-u
fc2-0
87-0
Augusta.
84-0
37-0
63-0
84-0
44-0
66-0
93-0
61-0
77-0
04-0
49-0
75-0
89U
95-0
61.0
8j-0
95-0
67-0
80-0
99-0
61-0
80-0
96
90-0
61-0
78-7
74-8
87-0
51-0
73-8
86-0 100-0
40-0 590
63-0 790
98-0
43-0
76-0
94-0 |l02-0
86-0
43-C
68-0
79-0
340
86-0
38-0
6U-0
630
....
,,, .
87-0
82-0
63-6
8<-0
84-0
42-0
e8-5
90-0! 83-0
40-0 41-0
68-b 64-4
89-0
2n-0
57-0
88-0
28-0
58-0
89-0
29-0
98-0
86-0
64-0
•
•
—
Average.
MIS^ISS'PI.
Columbus.—
Highest
..
Average.
Vickaburo—
53-0
72-0
360
640
85-0
47-0
68-4
480
1
...
A.verage..
2-49
7
4-93
11
4-59
10
8-88
6-10
14
2-89
9
3-08
6
5-18
13
1-86
11
2-88
2-08
8-78
1-88
8-79
3-63
9
li>
13
14
4-04
1-64
6
4-18
4-38
2-16
7
9
1-84
5
1-65
18
5
5
1-81
4
8
»
3-75
11
2-02
4
0-52
2-33
4.57
3-92
4
5
6
11
8-5«
12
818 314
4-78
1-70
4-96
11
6
13
7
10
0-38
13
4-(9
5-74
17
1-71
6-15
10
5-06
1-31
1-35
0-34
1-48
0-89
ralu..
9
8
11
3
6
K
1-71
8 46
7
3-33
1-11
1-01
1-10
1-07
8
4
5
7
4-58
8
394
11
2 45
5-18
1-81
1-81
1-86
4-52
2-13
9-01
18
7
5
6
7
8
13
C-33 18-26
17
5-98
8-46
18
20
4-67
Days rain
Atlanta. -
Kalnfall.ln
12
9-60
62-0
Savan^-.ah.
Rainfall.ln
8-53
778
Days rain
9
1-93
3
4-10
79-3
98-0 101-0
64-0 S2-0
81-0 78-0
FLORIDA.
1-35
2-04
1-00
5
3
7
10
9
8
3-07
11
15
1
590
89-0
31-0
60-0
1
1
83-0
18-0
68-0
88-0
32-0
59-0
88-0
86.0
90-0
32-0
610
62-0: 6-i-O
86-0
300
1
880
94-0
96-0
38-0
64-0
54
54
1
(
900
580
790 760
6»'0
83-0
30-0
69-0
81-0
S4-0
61-0
86-0
42-0
79-0
22-0
54-6
83-0
83-0
38-0
58-2
1
91-0
61-0
76-8
91-0
50-0
74-6
87-0
54-0
71-4
97-0
eo-0
73-a
88-0
48-0
71-9
87-
610
98-0
64-C
85-0
84
100-0
i
'
98-0
60-0
88.0
81-0
420
47-0
45«
63
65-2
75-0
30-0
57-3
830
Rainfall.ln 1-40
5
Days rain..
95-0
HO-0
79-2
93-0
68-0
79-8
,
960
631
80-6
Days
rain..
Tallahassee Rainfall.ln
Days ralu
.
30
56-8
90-0
35-0
ttO-b
45-0
63 4
61-0
69-4
1
....
'.'.'.'.
I
1
WW
900 94-0
610 560
77-2
76-2
'
1
Highest....
8P-0
Ijowest
270
Average
P2-1'
1
?8-0
28-0
1
62-1
!
88-0 P6-0: 87*0
35-0|L33-0i 81-0
«4-7
'
t^i-A'
90-0 lor-
08-0
37-0
58-0 42-0
«2-4'fl5-l'i HO-4' 75 2
;
I
,
96-0
41-0
7H.ii
3-21
5
(
1
,
104-0 100
103
56-0 620 6V0
^
.1-2
HI
«8
0-08
4
1
44
9
3-39
0-16
4-65
0-48
0-37
8
3
10
4
3
Jupit-r-
ALABAMA.
5
10
8-45
12
0-12
3
54
3
1.57
0-48
»-50
4-86
3-80
4
2
7
8
11
6-3d
11
173
0-50
4
0-68
1-85
1-41
4
4
6
8
3-70
11
5-78
11
1-00
0-81
3-54
6-77
4-86
12
4-09
11
3-26
3-63
3-11
1-00
8-47
1-65
5
7
6
7
6
15
7
337
8-16
8-60
8-01
3
6
4
0-87
5
9-89
6
2-05
9
1-30
2-41
4-31;
11
13
9
6
756
1-9
7-40
12
1-02
8-61
Rainfall.ln 8-58
8S0' 83
64-2!! 83-W
Jacksonville
Rainfall, in
Days rain
Tampa.
!
1
Lowest. ..
Average..
3rnokhaven-
8-Sl
7
3
950
680
Ltland—
Highest...
13
3-77
6d-0
1
Highest...
1-18
8
4-15
790
97-0
i
8-76
7
98-0
Days
LihertvBaiHlghest...
rain..
84-0
50-0
68-0
Ha<ntall,ln
83-0
27-0
59-0
5-67
15
Holland—
Days
Highest..
5-36
I
Sta'ebaro-
Ralnlall.in
N. Orlean/.-
1899. 1898. 1897
I»b7
851
98
99-0
40-0
74-0
450
1899.! 1898.]
14
93-1
1
.
7-0
86-1/
85-01
Average...
Florence—
790 81-0
Highest.
Lowest
98-0
1897 1899. 1898.11897.
6-12
Ralarall.iD
Days rain
70-0
80-0
1
84-0
120
Lowest
1899. 1898.
VIRGINIA.
Ralivh-
91-0
47-C
71-0
1
200
Lowest
.
93-0
4S-0
7u-0
620
N.CAROL'A
1
Vowest
87-0
64-0
76-8
93-0
6'i-7
88-n
54-0
74-4
48-0
80-0
16-0
44-5
Norfolk.90-0
55-0
ALABAMA
Montgom'y -
Lowest
76-0
640
68-0
800 8I0 830
Tallahassee-^
Lowest
520
98-0 100-0
56-0
78-9
79
92-0
6.-0
78-0
TENNES'E
99-1
1
88-0
84-0
88-0
48-0
69-0
Lowest
Average
74-0
fiO
Lowest
490
40-0
57-2
85-0
79 8
56
830
March.
Highest...
Highest.
48 9
57-0
76-0
Rainfall.
86-0
86-0
Average.
90-0
48
85
9B-0 lOl-O
Jacksonville.
Average
930
85-0
87-0
67-0
FLORIDA.
Highest.
56-6
4-2
fO-0
30-0
6J-0
AbUtne.—
770 780
98-0
48-0
70-8
99-0
44-0
74-9
90
66
98-6
60-0
81-0
flS-0
1
80-0
31-0
58-0
78-0
8-0
53-3
85-0
24-0
Lowest
730
75-0
38-0
53-0
33-(
80-0
83-0
dshwood.—
t
Savannah.—
Highest..
61-8
77-0
31-0
52-0
670
81-0
25-0
50-7
786
Augusta.—
Average..
600
77-0
18-0
49-0
75-1
76-0
9-0
46-0
Highest...
71-1
GEORGIA.
Lowest
830
76-7
85-0
27-0
68-4
62-0
1
Average...
Average..
Atlanta.—
Highest...
83-0
82-0
89-0
44-0
85-0
28-0
67-4
Lowest
1
Lowest
Lowest
89-0
32-0
61-0
626
950 970
65-0 430
31-0
54-4
Hi.hest...
87 -o:
87-0
81-0
60-5
80-0
Highest...
83-0
84-0
3o'0
80-0
800
87-0
60-0
83
1
83-0
21-0
5B-0
Oreenwood—
Highest.
84-0
29-0
66-0
79-0
18-0
61-0
31-C
61-6
Highest...
Lowest
97-0
98-0
60-0
98-0
68-0
75-0
82-0
49-0
66-0
EoUand-
Highest...
91-0
31-0
87-0
Lowest
Average..
80-0
21-0
60-0
1899. 1898. 1897
95-0
34-0
63-0
Oorming-
99-0
56-0
78-0
86-0
5»'0
66-8
8O-0
42-0
1899. 1898. 18W7.
66-0
24-0
63-6
P8-0
98-0
59-8
Camden—
52-0
74-8
1
Lowest. ..
Average...
Fort Smith
Highest...
Lowest
1
Highest...
...
Average...
Charleston.—
..
..
...
Lowest
990
e.CAKOL'A
Highest.
Lowest
Average...
(
15-0
44-9
Average..
26-1
1
Average..
Moroantc/nHlghest... 65-0
Lowest
85-0
30-0
79-0
1
7fl-C
.
. .
.
Lowest .. 200
Average .. 50-5
78-0
25-0
1
Highest...
Highest...
Lowest
Averago...
i
Lowest. ..
1899. 1898. 1897.
Waynesboro
Highest...
74-0
N. CAR'LA.
WilmingtonHighest.
1899. 1898. 1897.
Helena—
VIRGINIA.
Norfolk.—
Highest..
Lowest...
Average..
Jumt.
vtlSSISS'PI
Highest.
1899 1898. 1897.
18t9.|1898. 1897. 1899. 1898. 1897.
May.
April.
ARKANS'S.
UUle Rock.-
June.
Thermometer
1899 1898. 1897
March.
Jher mometer
Average...
May.
April.
[Vol. LXIX.
6
1-15 10-73
9
Montgum'y.
Kaiufall.ln 8-20
Days
rain..
Mob\le.Rainfall.ln
Uays
rain..
10
7
9
6
I
3
1
t\
!
6
July
1899
29,
THE CHRONICLE.
J
March.
April.
May.
1899 1898. 1897,
1899. 18t8. 1897.
1899. l.%8, 1897.
ItatnfaU.
June.
1S99. 1898 1897.
ALABAMA.
Mewton -
Rainfall, In 7-08
Days rain..
Birmingham
Ralnfall.in
Days
rain..
Florejice—
Rainfall, In
Days
rain..
1-78
1-45
4-59
5
9
6
8
1-60
3-55
1-32
0-26
1-68
3-63
3-46
8
3
2
2
8
9
0-95
S
0-11
4
3-93
4
2-59
10
4-35
10
3-68
5
2-22
2-19
5
1-85
7
2-01
0-60
7
6-43
8-70
6-98
4-89
4-71
5-09
3-23
12
8
17
9
9
10
5
8-67
11
4-."8
16-15
17
1*89
7
3-lfl
5-O0
«
10
1-39
4
9
6
7
LOUIS' ANA
New Orleans
Ralnfall.in
Days
rain.
Kalnfall.ln
Days
2-71
0-80
4-82
1-56
280
5-75
10
6
11
6
6
9
2-99
2-24
11
6-96
16
2-28
1-71
6
9
8
1-20
2-46
4-55
a'80
2-46
rain..
Grd. CoteauRalnfall.ln
Days
rain.
9
LibertvHill KainTall.in
Days
6
3-01
5
014
0-92
2
0-25
7-80
4
13
8-79
:i
4-«2
11
2-61
1-24
3-29
1-13
7-85
6
8
7
9
16
8-03
8
0-72
1-58
3-45
1
8-18 13-05
6-42
11
6
6
5
2
4
15
19
3-81
6-81
2-13
4-40
3-44
0-96
4-56
7
4
8
7
4
2-49
5
3-34
8
2-79
5
7
18
5-:8
6
6-35
8-84
1-79
3 85
3-40
4-S9
079
7
7
7
6
3
4-03
7
3-33
16
1-15
4
1-11
8
13
2
3-99
«
512
1-85
1-98
104
1-33
0-88
551
6-17
3-P3
8
2-83
11
14
8
7
8
20
3
1-88
2-65
2-83
8-71
3-61
8-41
4-26
3
18
1-52
3
rain.
7
MISSIS'PI.
Columbus.—
Kalnfall.ln 10-71
rain.
10
Days
Vicksburo.Ualnfall.lD
Days rain.
LelandRalnfall.in
Days rain
4P3
10
9-81
2-81
Days rain
Waynesboro
Ualnfall.lD
Days
6
10
5
3
5
3
3-37
5-85
l-fO
3-58
1-93
0-85
5
10
4
4
6
I
5
4-01
23
2-21 10-38
6
BrookhavenKatnfall.iu
95
3
305
T'OJ
195
3-72
i-oo
3
5
3
5
4
rain.
0-88
2
;il
16
4-20
11
2-40
3-46
6-85
3
6
10
1-02
5
4-9';
Ralnfall.lD
ralu.
Halnfall.lD
Days rain
Fort 6m\. n—
2*79
8-64 10-43
9
4-S6
H
2-19
3-99
18
Rainfall.ln
3-18
rain..
10
5-88
13
568
7-52
1-15
8
9
8
5-55
12
393
5-89
2-73
16
3-17
8 3S
13
17
4-38
9 50
6
13
3-03
0-14
3
1-80
311
7
9
2-59
lu
8 90
5-51
5-64
8 98
11
9
9
17
2-78
5
1-80
6
7
3-2>-
lf>
la
11
2-45
8-48
198
3
11
7
3-7o
4
3-52
414
3-92
7-81
2-79
14
8
14
13
5
7
4
18
2-80
4
4-85
9-65
8-21
8-61
11
14
18
7
7-4
8
3-08
8
12
1-
13
b
2 67
6
11
7
3-79
331
4-57
6
11
8
TKNNES'E.
Nashville.—
Ralnrall.lD
Days rain.
Meiuptiia.
—
7-81
U
5-36
11
8-49
18
3-25
3 03
15
4-79 10-03
Rainfall.ln
5-39
4-01 12-68
Days
rain..
m
10
lu
10
8-16
11
5-79
13
1-38
2-30
10
9
5-52
15
3-52
10
18
3-38
1-80
1-22
0-75
4-97
10
8
7
4
11
5-18
10
4-39
8
1-37
11
3-67
6-80
2 38
i-Sd
3-73
7
10
10
9
5
3-e6
6
2-76
11
174 2
6
1-88
9
8 50
10
1-71
71
8
7
TEXAS.
Oalveston.—
Rainfall.ln
Days rain
Palestine —
Rainfall.ln
ijays rain.
Abilene.—
Ralnfall.in
Days ratu.
San /into mo
Rainfall, IL
Days
rain..
Runtsville.—
Kalnfall.ln
Days
ralu.
Loiigvietu—
Ralnfall.lD
Days
rain.
INDIAN
0-58
4-10
11
4-59
16
2-80
7
804
1-84
10
+
1-68
1-27
4-61
l-Oi
0-87
5
5
t
3
6
8
13
1
1-43
2-24
819
2-81
1-43
2-01
4-84
7
8-81
15
6
9
6
5
8-66
11
416
7
4-27
11
5-50
10
8
12
0-04
1-41
4-02
2-P6
1-78
0-74
4-02
2-60
4-73
5-46
4-55
1
3-90
7
11
7
4
5
12
3
10
7
14
+
5
1-47
1-65
2-6C
1-46
1-84
2-82
1-08
8-13
S
8
8
7
10
4
10
2-35
3-53
3-15
3.23
5'0O
1-73
1*30
6-65
7
5
3
1-61
3-30 10-31
&
9
4
5
4
3
8
5-69
1-24
4-61
6-87
8
6
11
6
1-89
6
12
4-32
8
708
1-50
4
9-43
6-62
14
2-17
6-78
4'8e
10
6 21
3-8»
9
14
14
13
2 19
10
6
T.
Oklahoma —
Kalnfall.iL
Dtys ra ln^
+ Trace.
0-90
2 24
4-71
4-81
0-96
7
II
12
11
6
5-87
9-63
Id
Cotton Growers' Convention.— It
9-93
s
I
6-02
12
1-75
3-58
9
8
reported that tie
Cotton Growers' Convention will be held this
year in New
Orleans somewhere about the first of September.
is
The Exports of Cotton from New York
week show
a decrease compare i with last week,
the total reaching
6,132 bales, against 12,610 bales last week.
Below we give
our usual table, showing the exports of cotton
from New York,
and the directioi, for each of the last four
weeks; also tbe
total exports and direction sinc3
Sapt. 1, H9S, and in the las^
column the total for the same period of the previoas year.
EXPORTS OF COTTON (BALES) FROM NEW YORK SINCE SEPT.
1, 1893.
Week EndinQJuly
July
July
14.
21.
J.:.J..
Liverpool
Other British ports'
Tot. to Gt. Brit'n
Havre
Other French ports.
Total French....
Bremen
Hamburg
Other ports
Tot. to No.Europi
Spain, Italy, &c.
Grand Total
July
28
680
789
406
151
150
4,637
1.195
301
3,9.'57
111
85
orevicut
Sept. 1.
year.
221.062
83,077
1,884
500
733
200
304,139
353,631
30,457
2,043
May
230,180
136,476
June....
172,245
97,845
141.387
30,603
158,135
61.441
124,076
54,434
_98 63_
99^50 _! _98-50_
9617
9^:71
and 1,653,200 bales greater than in 1896-97. By adding to
the totals to June 30 the daily receipts since that time we
shall be able to reach an exact comparison of the movement
for the different years.
1898-99.
June
1897-98.
1,854
"
2...
8.
"
"
"
3...
4...
"
6...
"
7...
2,851
1,626
1.466
3,324
9,466
l,s50
5...
" 8...
"
9...
" 10...
" 11...
" 12...
8.
7,U4
8.
2,717
2,234
3,026
940
S.
" 17...
" 18. „.
[
20...
" 21...
23...
" 27...
28...
1,497
26...
624
2,385
1,456
1.134
1,275
8.
745
442
911
863
1.481
1,890
976
1,044
1,403
414
328
173
186
225
362
929
8.
360
903
8.
802
435
530
2.266
1,303
2,833
f tot.
2,202
1,071
853
7i5
7,777
3,233
548
300
46,200!
2,591
4,111
.1
1,550
326
187,146
101,540l
3,1 80
i
a.
764
2.423
1.60-
262
711
413
8.
1.593
1.701
New York.
Thit
week.
from—
Snorlda
101,758
34.161
135,919
8.903 12,610
6.132
628.505!
717,518
1,437
190
670
360
259
505
379
177
8.
1,120
914
267
661
769
945
8.
9965
Philadelph'a
BO STO».
Since
Sept.
1.
.
Total
Last
This
.Since
xveek.
-Sept. 1.
52
121.302
145,43c
400
71.144
lt-8.98t
•
•
,
98-76
year....
This
week.
Since
Sept.
1.
tlie
at
past
Baltimore.
ThU
Since
weik.
Sept. 1.
82.105
250
-..>.
5.4 7 J
90. Carolina
North, port!
Tenn.. Ac...
foreign
104,720
304
739
317
393
8
York, Boston, Philadelphia and Biltimore for
week, and since Sept. 1, 1898.
Vlrjflnla..
1,876
S.
The Following are the Gaoss Receipts of Cotton
172,791
4.111
2,59l|
622
822
433
334
338
304
561
332
188
923
New
423
62.615
320
103, 42i-
So. Carolina
7,698i 3,323
1,700
This statement shows that the receipts since Sspc. 1 up to
to-night are now 215,240 bales less than they were to the
same day of the month in 1898 and 1 ,703.419 bales greater than
they were to the same day of tbe month ia 1897. We add to
the table the percentages of total port receipts wnich had
been received to July 28 in each of the years named.
....
105.334
28,057
39,400
837
478
8.
96-56
97-93
99-08
Mobile
120,377
20,569
1,398
1,068
port
receipt!i July 28..
262.061
2,47.=i
429
S.
Total.. 8,381,825 8,597.065 6,675.406 5.209,106 7,856,403 5,908,464=
P'c'fge
238.183
5.949
1,024
662
1,560
1,391
3,115
231
358
907
710
445
1,043
8.
8.
1,553
8.
565
729
572
2.097
1,026
2.296
2,223
990
413
849
895
398
868
198
148
495
8.
454
8.
" 24...
" 25...
1,052
923
544
5,361
1,400
" 22...
534
458
8.
906
••
8.
8.
15
332
178
1893-94.
1894-95.
642
618
919
406
334
533
407
1.821
4.363
2.0i0
" 19...
••
8.
1,440
9,695
1,004
14...
" 15...
" 16...
••
1895-96.
285
764
640
4,273
1.101
1.376
1,161
2,196
2,466
1,689
1,037
1
" 13...
"
1896-97.
30. 8,313,586 8,557,&84 6,660.386 5.188,029 17,842.843 5,885,495
1...
2,f»^
6.629
77
126,011
65,998
This statement shows that up to June 30 the receipt
at the ports this year were 214,293 bales less than in 1897-9
Texas
Savann'h &c
53.177
1893.
Total .'8.313 58818,557,834 6,660.386 5,188,029 7.842,843 5,885,495
N.Orloans..
32,500
Il4,55l
1894.
1895.
1896.
Sept'ber
786,702 912,486 383,886 518,762 377,408
697,784
October. L,735,660 1.424.907 l,468,51f 1,202,46C 1,622,664 1,311,279
Nov-ber. 1,861,619 1.776,907 1,286.251
912,759 1.607,662 1.272,776
Dec'ber. 1,565,770 1,534,948 1,256,000
987,899 1,497,560 1,239,738
January 929,538 1.114.873 635,878 548,118 938,197 687,028
435561 737,080 404,976 441,776 533.398 330,504
Feb'ary,
March...
426,430 567,622
335,020 321,313 532,254 257.163
April
294,568 294,755 189,269 211,308 372,770 217,600
50,227
2,950
200
in previous
1.
Reetivti
500
1,941
1897
1898
272,412
83,2i»
1,884
1.941
..
629
104
peril
imce
196
Another
Total Spain, &c
8ami
d
Total
Exported to—
and
1898,
1,
lear Beginning September
Monthly
•
this
Sept.
have been as follows:
Receipts
July
Ralnfall.in
Days rain
Ashwood -
The monthly movements since
P'o't'geof cot. port
receipts June 30,
1-00
7
5-72
Camden—
Ralnfall.in
Days rain.
8-78
10
3((8 13-86
9
1-48 11-53
Days
3-24
18
11
Ralnfall.in
Days rain
Coming—
We
our other standing tables a daily and monthly statement,
that the reader may constantly have before him the data for
seeing the exact relative movement for the years named.
5
Little Uock.-
Days
accurate, as the weeks in the different years do not end on
the same day of the month.
have consequently added to
2-68
ARK'NSAa
Helena—
Comparative Port Receipts and Daily Crop Movement
— A comparison of the port movement by weeks is not
years,
ShrevepoTt.—
239
•
21.390
3.964
201
108
120,3«S
2u.60<
6.28t-
123.7ir'
731
2,765
63,323
313.664
6.000
!
2681
51.81.'
2,0S6|
218.563
64.076
os.oae
4.081 1.015,093
3.918
g97.44S
268
68.13S
7.846
864,714
3.837 1,284,13J
2,898
832.172
280
90,692
1.808'
316,814
THE CHRONICLE.
240
Rainfall Deficient
from Bombay
in India.— Advices
under date of July 24 state that "the partial failure of the
Rainfall Averages.
Rain- Dayt
—
&
the Texas flood sufferers.
standard grades. Jute butts dull at r05c. for paper quality
and l%c. for mixing to arrive.
Egyptian Crop, — Mr. Fr. Jac. Andres, of Boston, has furnished us the report of the Alexandria General Produce
Association for the month of June as follows:
" Tlie warm temperature of June was favorable for the plantations.
From all parts the good development of the cotton plants Is noted.
They have in general regained tbe slight backwardness mentioned in
our previous resume.*.
"The present condition of the plants is very satisfactory. The watpr
has been quite sufficient, and irrigation hrs taken place more aasily
and regularly than during the last few years at the same time. In
many dLstricts tnere have been worm.s, but owing to the ffect of the
heat we are assured that they have nisappeared or are dis ippearing
without doing any damage. The information from Upper Egypt and
the Fayoum rs very favora le both as regards the condition of the
plant and the water supply."
i
Averages OF Temperaturf. — Asofimerest
connection
with our monthly weather record, we have prepared the
subjoined table, which shows the State averages of thermometer in March, April May atd June for six years, 1894
in
to 1899.
Averages.
i
7.3-2
lS-8
50-4
ifce8(fuii)..
P4-.S
270
546
(Kood) 7M-8
(KOOd) 75-4
29-4
24-8
28-0
22-2
58-1?
80-S
19-8
65-2
84 -H
1898 (full)
IS97 (good) m-{>
l!>B6 (BOOd) m->
30M
59-1
31-6
29-0
29-0
25-0
55-9
52-6
53-8
15-3
34-0
35-7
28-7
80-8
24-3
8.
(full).
82-0
(good) 84-6
June.
»
«
30-H
30-8
31-8
32-8
34-8
34-8
56-3
55-0
58-5
62-7
57-9
57-1
86-2
83-4
85-8
93-0
83-8
88-5
320
8r4-0
59-5
53-2
39-8
625
378
86-6
81-6
6i-7
57-2
61-3
S5-5
53-7
54-9
57-1
85-0
83-3
85-7
36-8
41-7
39.0
3M-4
40-8
32-0
43-0
47-5
66
380
63-3
Ha-4
65-9
8«-8
87-3
85-2
88-8
i
89-8
91-4
86-f<
i
•^
47-fi
43-2
43-2
I
94-6
89-7
94-8
91-4
97-4
94-8
55-6
59-7
58-8
100-4
98-3
98-8
96-0
99-0
96-5
55-6
60-3
5:-6
51-0
79-1
80-4
79-6
79-0
78-4
77-2
98-8
96-0
99-0
97-3
56-7
65-0
60-3
81-2
79-8
80-7
68-«
68-6
66-2
74-8
570
74-8
74-7
76-0
73-3
54-0
47-0
74-1
93-6
94-6
90-2
492
41-8
38-8
fl4-H
98-8
99-7
92-6
97-0
93-2
73.9
913
50-R
43-5
45-0
52-2
43-4
42-3
64-7
43-2
46-7
57-5
49-4
43-6
75-3
74-5
70-5
67-6
6a-0
61-4
94-7
«7-9
91-7
93-8
91-6
91-2
70-0
71-4
98-1
590 7«0
62-3 791
96-2
55-0
77-5
67-8
68-3
93-3
94-3
77-9
76-7
73-6
64-ri
k05
940
91-a
89-8
91-8
64-5
68-0
64-6
63-3
62-4
80-1
80-4
91-0
70-8
61-5
52-H
5S.0
66-5
57-3
48-3
93-8
(19-1
65-4
40-6
95-8
£9-6
64-4
460
76*6
74-0
69 6
lO(i-0
600
68-6
46-8
49-3
764
942
7o-5
73*8
96-4
59-6
61-6
98
Si
589
970
61-3
94-8
99-3
79-3
8U-3
61-0
798
978
6il-6
94-3
93-1
64-4
66-2
7JC6
79-4
77-1
59-3
63-8
58-0
80-8
66
7n7
60-3
4»-7
78-3
76-6
58-6
63-8
5«-4
64-4
66-2
48-0
77-1
56-7
797
60-7
55-0
63-2
752
Cab'lina
1899....
1895
(full)..
M3>
1894 (KOOdT 86-8
59-.:,
36-fe
38-0
78-1
69-6
77-4
69-4
71-2
59-4
58-0
Qeorqia.
1899
nvH
1898'full). H4-7
1897 (goodl H4-:i
18H6 gOod> S5-0
1893 (full).? 830
1894 (good) 87-0
85-7
90-7
81-8
87-6
61-5
59-7
63-1
77-1
Florida.
1899
1898
1897
1896
1895
1864
85-8
(full).
8f8
(good
;eoodi
K6-H
84-5
(full)..
84-f>
i
(good^ 87-0
37-0
34-5
6-<-u
70-(
830
87-6
428
44-8
47-5
46-2
49-0
49-8
6:i
69-8
95-8
»3-3
77.1
74-3
74-1
948
92 2
711
796
77-6
ALABAMA.
1899
1898
1897
1896
1895
1894
82-4
18-B
(full.)
tsH-tt
(good)
(good)
8<i-H
«3-()
(fuin..
H-i-7
31-2
S6-4
28-0
28-7
i!l-7
24-7
85-a
30-8
34-3
39-8
38-2
33-3
(good)
67-3
HO-8
62-0
54-2
65*3
58-7
87-0
8fi
85-H
89-2
83-8
86-6
85-2
82-6
38 2
33-6
40-0
44-2
62-5
60-8
»3-6
83-6
66-2
92-6
9»-4
89-8
93-8
91-5
92-7
94-8
93-8
61-5
4"<-.5
78-4
74 P
51-3
6u-5
50-0
48-4
71-6
77-0
7l'l
71-U
95-4
94-0
t9.8
96-2
k2-6
9i-8
57-6
46-8
99 3
58-2
43-8
4^-7
77-3
74-5
69-5
76-3
69-7
69-7
90'1
91*2
8h-S
94-0
91-8
90-2
51-0,
730
45-6
45-8
c4-8
71-3
67-5
42-rt
67-9
69-9
93-4
92-5
9h-8
97-0
95-0
100-0
89-3
89-3
87-9
92-9
54-5
42-3
46-0
64-2
6u*4
93-
b9.0
46-9
41-3
65-3
K6-7
66-3
92 7
63 5
4'2'
40'
69-
39 7
06-8
70-2
93-3
9C-4
95-7
90-2
94-2
46-9
BI.8
59-0
eo-4
52-0
690
99-rt
79-8
80-4
81-6
77-4
79-0
78-8
Louisiana.
1899
1898
1897
1896
1895
1894
(full).
60-8
61-H
63-0
5»-0
60-0
60-5
86-0
84-5
4C-3
3S-0
65-1
63-1
f<4-8
4fi-2
66-4
1-9-5
87-5
88-4
88-2
41-3
68 B
426
66-2
69-3
96-4
83-5
91-8
25-0
31-1
34-7
25-u
687
91-0
83-0
87-0
34-6
33-8
39-U
86-0
82-9
31
bVf
Si3-9
5<*5
78-0
a5-;i
(good) 85-8
(good) 88-8
(full)..
84-3
(good) 83-5
•.!9-8
43-2
Mississippi
1899
1898
1897
1896
1895
1894
84-2
(full).
8«-(i
(good) 84-6
(good) 84-ii
(full)..
(good)
60-0
62-1
54-6
3f<-7
P30
60-7
63-7
H8-2
63-9
64-4
f8-2
88-2
38-8
42-0
31-8
bl-4
38-0
32-4
60-7
68-5
60-4
49-rt
91-9
97-8
V-6 6
97-2
99-6
81.-4
eo-4
ARKANSAS.
)-2'2
17-2
28-4
£0
(full).
(good)
hCJ-8
2«*iS
65-1
89-6
82-2
82-6
(goo.i)
81-0
240
48-9
8.^-2
(full)..
8^4
22-4
t12-«
82-s
22-2
8»-4
88-8
35 6
(good)
51 6
64-
33-2
830
7H-n
78-7
7-0
47 5
290
88-3
81-U
(good) 79-8
(good) 79-0
34-8
25-2
31-7
32-7
40-3
39-3
35-0
86-0
18fc9
1898
1897
1896
1895
1894
53-8
680
41-8
75-!J
7Sl
77-8
7T4
77-0
77-1
Tbnnksske.
1899
1898
1897
1896
1895
1694
(full)..
84-0
'26
(good)
7wa
18-Z
54-^
53-f
48-0
50-8
53-8
88-3
85-2
29-.^
610
316
8B4
890 368
80-5
64-6
5H-2
f9-8
6L-7
87-6
87-«
8S-7
87-8
91-0
(full).
7
33'
86-3
80-0
88-8
81-7
58-0
60-6
8«-2'
56'
73-8
69-4
87-1
76-2
65-8
97-3
93-7
93-6
97-1
97-8
558
58-9
45-5
77-9
7<-4
77-1
77-0
76-0
94-3
63-2
86-6
58-6
67-0
79-7
80-4
80 3
81-2
960
66-i«
Texas.
1899
1898
18H7
1896
1895
1894
(full).
(good) h6-l
(good) 84-6
(full)..
(good)
84-7
81-5
32-8
29 5
29-4
40-8
47-1
77-6
74-9
73-3
T.-9
Ti-1
75-0
9f8
1
I
100-0
99-0
91-4
97-0
616 796
59-4
79-3
Ei^The words "full" and "good" following the years given above
mean simply tuat the aggregate crop for the year named was full of
g-od.
3-67
3-11
4-68
2-22
6 08
~s\
Bain-
Davi
Rain-
Daw
fall.
rain.
fall.
rain
3-72
2-87
3-76
1-51
6-86
1-93
8
10
9
6
15
»
3-18
4-32
2-68
S-94
3-95
10
7
15
6
12
8
a'70
4-H8
3-69
1-43
5-93
8
3-07
9
1-02
1-59
2-80
5-02
11
1-71
7
13
4-19
4-05
10
15
8
11
8
I
:
1-44
4-37
9
6
11
7
233
Rain- \Days
fall.
10
ID
8
13
11
11
6
4
6
9
10
11
rain.
3-76
3-79
3-59
5-70
3 14
2 65
8
10
13
16
10
9
3-71
3-25
4-79
4-72
3-80
2-72
9
9
12
13
8
1899.
1893
1897
1896
1895
1 94
,
(full)
,
(good)
(good)
(full)
'.good)
3-70
3-05
4-87
2-63
8
9
10
1-15
0.96
1-22
9
1-6<I
7
291
783
U
7
5
4
10
5-12
2-89
8
1-91
9
6
3-42
3-lW
13
6
6
2-93
1-31
6-90
1-U6
4-41
1-88
1-13
1-22
3-21
5
8
2-.S2
6
8-74
3-!9
3-8d
4-81
4 08
13
17
10
8
8
1899
1898
1897
1896
1895
1894
,
ffuU)
(good)
(good)
,
2-43
1-83
3-8<
3-42
(full)
3-9
(good)
2-48
4
7
6
8
6
6
8
1
I
10
2-2<
3-38
2-85
3
10
5
11
9
13
17
8
6-P8
3-27
5-36
10-48
5-41
4-96
4
6
H
13
10
13
Alabama.
6-39
2-75
6-61
6-39
8-90
7-33
1899
1898 (full)
1897 (good)
1896 (g.od)
l895(fuU)
1894 (good)
liOUISIAiVA.
1899
1898 (full)
1897 (good)
1896 (kjod)
1895 (rull)
1894 (good)
MIS.SISSIPPI.
1899
18H8(full)
1897 (good)
1898 (good)
1895 (full)
1894 (good)
10
9
14
10
12
U
3-47
2-33
8
5-7'S
10
8
4-62
4-70
7-90
6-81
3-7S
7-06
5-111
6-f5
6-75
2-92
3-28
5-13
3-48
3-28
3-53
8
7
10
8
8
8
,
1-73
0-73
4
3-14
7
8
322
2 40
4
•-S-51
2-73
U
9
7
Vi
3 03
8
2-61
4-96
5-98
2-58
5
7
1-10
1-41
7
4
3
2li
8
2-23
3*07
3-34
4-46
1-55
10
4-15
8
10
6
11
8
8
9
1-75
3-82
2-41
3-48
2-13
6
l-f9
e
i-.-^s
a -86
6
8
10
18
2-78
2*9»
4-62
3-56
1-96
5-8i
11
7
8
Ij
8
7
4
6
2-72
5-93
2-9 i
1
1
'
1
1-57
2-29
3-09
3-
16
7
12
9
4
5
5
11
3-86
7-16
4-96
1-53
8-63
5
808
3
4
4-24
5-15
8
14
223
4
9
18
4
*
1
5-18
6-69
2-50
»
8
6
11
16
9
9
16
5
Arkansas.
1899
1898
1897
1891
1895
1894
..
(full)
(good I.
(good)
(full)
(good)
3-29
5-99
9 34
5 Ui
11
5-o2
3-88
12
9
5-41
4-70
8-63
4-81
6-07
5-30
13
10
19
2-7
II
3-42
2-61
5-04
1-00
5
H
10
6
8
11
'
9
8
2-78
2-71
3-37
2-17
11
10
646
091
14
i
6-28
6-37
2-01
3-14
h-19
3-67
11
8
6
7
9
8
Tennessee.
1899
1898 (full)
1897 (good)
11
9
3 77
^•05
10
1.72
5
9
3-43
la
13
10
2 11
3-28
«
202
9
0-»3
7
b-l-i
10
7
9
2-35
l:73
2-98
9
10
7
7
3-18
2-50
7
319
.5
5
1-98
1-97
1-52
7
2-64
4-2a
«-22
5-Hl
2-35
12
6
3-
2
4
5-8
10
»
1
I
93-2
^2-0
84-2
90-4
81-2
84-2
47-5
48-9
55-2
5-74
3-91
4-73
8-75
4-76
1-69
•ain.i
Texas.
I
N. Car' LIN A
IS99
1897
1896
1895
1894
May.
April.
at
June.
Georgia.
1895 (full)
1894 (good)
«
8
e
fall.
200
1894 (good)
1896(gooaj
March.
1
Florida.
Jute Butts, Bagging, &c —Bagging has been in fairly
good demand during the week under review at unchanged
prices, viz.: 5^^@5%c. for i% lbs. and 6i8@6i^c. for 2 lbs.,
Thermometei
May
.
i
anxiety.
referred to last week, classed strict middling, one and oneeighth inch staple. It was shipped from New Orleans on
B. Beer, consigned to the Presilent of the
Tuesday by H.
New York Cotton Exchange to be sold here for the benefit of
ApH
March.
The rainfall has
been injuriously excessive in Bengal and the northwest Mf'BTH Carolina.
1899
1393 (full)
provinces, but in Deccan, Berar, Gd jerat, and some of the
1897 (good)
central provinces, there has been almost no rain. The situa1896 (good)
1895 (full)
tion in Western India is already critical, and disaster is
1894 (good)
Carolina'
threatened. The plague is increasing in Poona, where there South
1899
1898 (full)..
were 116 casts on Sunday and 83 deaths."
1897 (good)..1896 (good)
First Bale of New Cotton, The first bale of new cotton
1893 (full)
monsoon has occasioned grave
[Vol. LXIX.
1899
I893(full)
1897 (good)
1898 (go -d)
1895(tull)
1894 (good)
QT
2-ri8
4-72
2-50
2-08
3-67
8
9
3-42
5
6
8
2(1
8-31
2-43
4
9
4
11
5
i
.
>
!
1
»
73
5
5-37
^•85
11
7
1
words •' fall " and " good," aoove meau tDai >ne agt^regate
crop for the vear was full or sood.
I'ne
Government Weekly Cotton R eport. - Mr. Janoes Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the following telegraphic
reports^ on the crops in the Southern States for the -week
ending July 24:
Virginia.— Weather dry locally and doing injury to all classes ot
growing crops.
North Carolina.— Drought continues over eighteen southwestern
counties, where crops continue to deteriorate; cotton beginning to
droop; beneficial rains over remainder of State have kept crops
flourishing; cotton fruiting well.
South Carolina.— AU crop< sulTering for rain and deteriorating;
cotton stopped growing, turning yellow, and in places dying; sea island cotton blighting.
Georgia.— Good rains last few days, beneficial to most crops; cotton
small, being damaged by worms, is shedding, blooming to top and
opening prematurely.
Florida. — Rain needed over portions of northern and western districts, otherwise week favorable for all crops; few complaints of cottOQ shedding, though conditions not yet serious.
Alaba.ma.— General heavy rains, excessive in east-central portion;
cotton clean and fruiting well, opening in southern counties, where
picking soon commences, shedding forms increasing, but fewer reports
of rust.
Mississippi.— Conditions mainly favorable for all crops, although
complaints of lack of moisture in some counties are received; cotton
growing nicely but plant is small, is blooming to top, and well fruited;
op generally laid by.
Louisiana.— Showers fairly well distributed in southern portion,
but decidedly insufficient and unevenly distributed elsewhere; cotton
fruiting well but growth retarded by dry weather and cool nlght.«.
Texas.— Showers in northern portion, dry in southern portion; cotton generally making good growth, but not so promising as at last
repoit, worms attacking crop in many localities and damaging plants
in places in central and northern portions; crop ne^ds rain in southeastern portion, and is shedding badly in some localities, few picking
in southern portion.
Arkansas.- General rains were very beneficial to growing crops;
cotton growing rapidly and fruiting nicely.
Tennessrk.— Abundant rain in middle Tennessee last three days;
rainfall suttioient everywhere; growing crops will be greatly Improved.
Missouri.— Week favorable; showers and heavy rains in southern
portion.
Oklvhoma.— Rain throughout Territories; all growing crops in fine
and army cut worms have appeared in localities.
These reports on cotton are summarized by the Depart-
condition; boll
ment
as follows:
Over the greater part ct the central and western portions of the cotton belt the condition of cotton is somewhat more favorable than at
the close of the previous week, and the crop is clean and generally
fruiting well. Complaints of shedding are received fro;u Alabama,
Georgia and Florida, and dry weather has checked the growth in
South Carolina, southwestern North Carolina and portions of Louisiana and southeastern Texas. In Arkansas and Oklahoma cotton is in
fine condition, growing rapidly and fruiting well.
5
1
July
THE CHRONICLE.
29, 1899.]
—
BXPOBTS OP iJOTTON liOODS PKOM liBEAT BBITAIM. BeiuW
we give the exports of cotton yarn, goods, &c., from Grtat
Britain for the month of June and since October 1 in
1898-99 and 1897-93, as compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
movement
the
pounds.
all to
lotalof
Oloth.
TanukThread.
All.
1897-98
1898-99
18B8-99 1897-»e
Lb:
Lb$.
74,631
432,11«
84,440
80,83e
418.320
94,390
Tdi.
October
November...
Lbt.
24,253
22,326
24,234
Yds.
446,899
390.514
27,952
427,838
December
23,474
25,967
199,561
—
..
Lb$.
1898-99
1S88-99 i897-9e
15
25*
15
30
30
30
20
20
25
25
30
30
30
15
25*
20
20
25
25
30
30
30
30935
30®35
30»35
30»35
28
28
28
28
Liverpool
e.
15
e
25'
82,681
98.885
110,633
Do
Do
79,919
117,864
105,886
Genoa
20
20
25
e.
...e.
e.
25
V. Hnll...c.
V.
Lond'n.c.
c.
78,153 1,371,283 1,240,910 269,666 237,131
329,716
315,281
January
20,846
23,841
85.021
February....
23.383
27,454
77,60:
106,603
102,1-6
108,8H2
1C0.V86
March
80.40T
22,750
86,757
82,C78
88,422
93,773
111,175^
121.227
Tot. 2d quar.
64,003
74,678 1.355.601 1.363.984 256,257 356.39:
820.2
331.075
Total 6
mos
419.974
153.653
434.194
467,754
410,715
496,2b5
648,359
134,055 162,831 8,729,861 3,597,899 615,923 193,52-
May
431,660
131,007
452,L05
23,335
19,926
19,78n
April
22.029
368,949
81,600
6P.712
390,603
81,474
73.80ii
101 2eo
96 412
408,35ii
83,502
77,157
101,121
100.34 4
20.672
307,207
289 823
957,18
936,182
June
18,919
83,187
Tot. 8d guar
68,631
69.151 1,311,972 1.167,901 248,67t
:^
Totalfimoi.. 192,686 221,982 5.044.856 3.766,8(3 761, 49f 711,200
Stockin!7«i
Sundry
and
(
101.526
{3rt
5^8
18.140
Total expc)rts of cotton manufactures
976,712
9f5210
The foregoing shows that there has been exported fronr the
United Kingdom during the nine months 976,743, OOi* lbs.
of manufactured cotton, against 955,210,000 lbs. lasv year, o
an increase
of 21,533,000 lbs.
further matter of interest is the destination of these
exports, and we have therefore prepared the followiiij
statements, showing the anounts taken by the principal
countries during June and since October 1 in each of tbt
last three years:
A
BXPOST8 OF PIBCG OOODS IN'O Y*.RSS TO PRIMCIPAr. COUNTKIBS IN
JUNE AND FROM OCTOBER 1 TO JUNE 30
June.
Pieet eoods—Yards.
(000* omitted.)
1899.
Oct.
1898.
1897.
1
to
June
l»97-%8
1898-99
15
25'
15
25*
25*
20
20
25
25
30
30
30
20
20
25
25
30
30
30
20
20
25
25
30
30
30
I
30*35 30®35
28
'64
9,'64
—
Jnly 7
-iales
of the
week
bales.
Of which exporters took...
Of which speculators took.
Jtily
14
46,000
5,800
56,001
I.IOC
400
6,30<
July
21.
64,00t
6,20C
American
•
July 28.
58,000
7,000
1,000
55,000
11,000
44,000
52,000
61,000
13,000
7,000
10,000
lotaa export
.=6,000
59,000
55,000
i^'orwarded
5:^,000
1,213,000 1,179,000 l,13l,00( 1,097,000
Total stock— Estimated
Of which American— Estm'd 1,144,000 1,104,000 1,043.000 1,018,000
21,000
28,000
21,000
Total import of the week
27,000
19,000
17,000
20,000
Of which American
13,000
34,00t
40,000
31,000
Amount adoat
27,000
30,000
36,000
2^,000
Of which American
21,000
)a es
The tone of the Liverpool market for spots and futures
each day of the week ending 'July 2S and the daily closing
prices of spot cotton, have been as follows
Sat'day.
Spot.
Market,
Vtld.
Monday, Tuesday. Wed'day. Thursday Friday.
Fair
\
1:45 P. M.^
Steady.
Easier.
business
doing.
Steady.
Harden'g
tendency.
Easier.
3%
338
338
338
338
7000
10,000
10,000
500
500
12 000
2,000
10,000
500
12.000
2,000
Quiet at
partially
1-64 dec.
Quiet.
Quiet at
partially
1-61 dec.
Steady.
Firm.
Quiet.
338
Upl'ds.
Sales
3peo.
:-0
Fri.
Liverpool. By cable from Liverpool we have the follo^w
Ingstatement of the week's sales, stocks, &o.. at that port,
93,047
19.021
ar»nlm
artlcl
Thurt.
28
d.
'.4
'64
'64
Ajitwerp
^•1
\i
Ghent,v.Antw'p.d.
9.4
9.4
964
964
964
Quotations are cents per 100 lbs. unless otherwise stated.
* And 5 per cent.
Frleste, direct... c.
70,052
Wednet.
Tue*.
aavre
Bremen
Lbi.
108,698
103,161
Tot.lst <ju»r
week have been
Jfon.
8atur.
Lb»
the past
follows.
e.
Rotterdam
Reval, V. Hamb..c.
1897-98
New York
Cotton freights at
ig
Hamburg
Amsterdam
000 omttUi.
24:1
Aexp.
500
ls9«.97
Futures.
att
192.362 174.100 134,892 1,882.681 1.764.? 86 1.472,279
611,>'91
63,63f> 5rt,105 59.VJ98
606.V80
601.183
108..^'i7
4:<2,'(i>8
4 10,108
6 ,ao 6*,54;h 13.761
21T 92i
fZ9,i6i
22l!,;67
19,601 21,01-.; 18,881
3S9,8>7
393. 4 3S
339,338
63.59- 43,51(- 40.350
21l,95>'
206,0<3
2^,152 1H,«5^ 18,*<!<4
166,782
287.912
216.S06 285 4> 6
38,8a2
10,617 33,4 If
Indies
Turkey, Kgypt and Africa...
China :ind J.>ipan
Burope (except Turkey)
All ot)ier oountrieB
Total yards
Total value
462.305 408.352 354.746 4,C44,a57
£4.170 £3.74ie £3,151 £37.0t)l
?,7'lfl,522
Jt34,':84
3,582,908
i 35,062
3,040
3,018
21.598
28,303
26 777
S.'sOl
3i.v;78
3. .--9^
;^3
3:1.72
Forns— L6«.
(000« omitted.)
Holland
Oth. Kurope (except Turkey
Bast Indies
1,919
3,120
2,6of
3,206
Chlnn ftnd Japan
Turkey and Beyot
1,9^6
2.U1
All other oonntries
1,4 i5
Total lbs
Total value
16,646
£642
3,184
3.281
4,2^7
31,-17
2
3),
83
3.i'7:'
4098
20,1 i8P
2.3,. 4
I.OkO
2.110
1,815
1,146
32,155
17,230
11,170
2 842
13,855
13 592
88
IHflJll
~170.767
£7-6
£739
i6,Ul
1S01.285
-.4 '6
20.';
•2'
Market,
4 p. M.
\
Quiet at
partially
1-61 adv.
Quiet.
\
July 22
July 28
179,971
121s 1
P.M. P.M.
1,183
Steamer Calabria,
Scotia, 1,054
July
26—
50<i
Norfolk—To Hamburg— July 25— Steamer Noranmor ,1,075
BOSTON— To Liverpool— July 18 -Steamer Lancastrian, 1
July 26— Steamers Irisliman, 1,0 '8; Kansas, 861
To St John -July 24— .-steamer St. Croix, 100
Baltimore— To Bremen— July 26—steamer Munchen, 2,148...
„
Total
Brit'n.
ports.
many
733
200
N. Orleans.
Pensacoia.
1,183
3,023
l,^^4
North, South,
300 1,500
104
200
A.pril-May..
54S
300
1,5°'0
326
1,183
50
2,199
250
1,075
1,8S0
loO
2,14 8
Dv
£if±.\yty
die.
Japar.
326
•«••««
•«•
iv
ToK
.
6 132
4,996
250
250
1,075
1,01.98('
100
1,880
2,148
2,148
3.796
Feb. Moh...
Mch.-April.
16,571
New York.
200 8,050
350
3,749
100
326
^ept.-Oct.
Oct -Nov....
^ov.-Deo.
Deo.-Jan
629
2,i75
The particulars of the foregoing shipments, arranged
our usual form, are as follows.
Great French Qer- — Oth. IPrope-^ Mexico,
July
luly-Aug
Ang.-Sept
Jan.- Feb...
1,554
To Antwerp— July ^6— steamer Au.itralia, 50
To (ienoa—July 27— 'teamer Citta di Mes«ina, 2,199
Pbnsaoola- To Hamburg— July 26— Steamer Trojiin, 250..
145
t
M
16,571
To Japan since September 1 shipments have been 125,639
bales Irom Pacific Coast, 15,073 bales from New Orleans.
13,960 bales from Galveston and 3,099 bales from New York,
May-June
d.
Tnes.
W e<l.
lb urn.
Frl.
4
1:45 4 1:45 4 1:4:
4 1:45 4
t M. P.M. P.M. P.M. P.M. P. M P.M P.M. P.M.
7.27
;9-2
To Hamburg— July 24— Steamer
iWon.
Sal.
Total bai'
To Antwerp, per steamer St. Andrews. 300
To Barcelona per steanier Pawnee. 1,050
To Japan, per steamers Abergeldie, 1 v6 .. Cheruskia, 200
New ORLEANS— To Ijiverpool— July 2 1— Steamer Louislanian,
Quiet but Quiet but
steady.
steady
.
i9,9P8
13,07y
1
Quiet.
;
d.
Bovic, 629
To Manchester, per steamer Maskelyne, liO upland and 4
Sealsland..
To Havre, per steamer Troja 200
Trave, 29.
To «remen. per steamer.s Barbarossa, 2,446
To Hamburg, per steamers tulgaria, 356. ..Pennsylvania,
1-64 decline.
The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
i3r The prices are given in 'pence and Siths. Thus : 2 63 means
" l-64,d
63-6"
-64d., and 3 01 means 3
,904
New Yark—To Liverpool, per steamer
Quiet at
7 3
—
Total....
\
1:45 p. M.J
"
31,70
Shipping News, As snown on a previous page, the
exports of cotton from the United States the past week have
reached 16,571 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
Norfolk
Boston
Baltimore.
Market,
rt
3 19 3 19 3 19 3
3 19 3 19 3 13 3
3 18 3 18 3 17 3
3 17 3 17 3 16 3
3 16 3 16 3 15 3
3 15 3 15 3 14 3
3 15 3 15 3 14 3
3 15 3 15 3 14 3
H 16 3 16 3 15 3
3 16 3 16 3 16 3
3 17 3 17 3 17] 3
3 18 3 18 3 17' 3
d.
a
19 3 19 3 19
18 3 18 o 18
17 317 3 17
16 3 16 3 16
15 3 15 3 15
14 3 15 3 14
14 3 14 3 14
14 3 14 3 14
l-'S 3 I'' 3 15
16 3 16 3 16
17 3 17 3 17
17 3 17 3 17
rf
1
d.
d
d
d.
3 18 3 19 3 19 3 19 3 19
1 18 3 19 .J 19 S 19 3 18
3 17 3 18 a 18 3 18 3 17
3 16 3 17 3 17 3 1- 3 16
3 15 3 15 3 16 3 16 3 15
3 14 3 16 3 15 3 15 3 14
3 14 3 IS 3 15 3 15 3 14
3 14 3 15 3 15 3 15 3 14
3 15 3 15 3 16 3 15 3 15
3 16 i lb 3 16 3 16 3 16
3 16 3 17 3 17 3 17 3 16
3 17 3 18 3 18 3 18 3 17
d,
3 19
3 18
3 17
3 16
3 15
3 14
3 14
3 14
3 15
3
16
3 16
3 17
BREADSTUFFS.
Friday. July 28, 1899.
The market for wheat flour has shown a firmer tone, and
sellers generally have held for higher prices. Compiratively
few advances in values, however, have been established, as
buyers generally have been elow to operate at increased cost,
their wants as a rule being largely supplied for the present,
4nd despite an advance in the grain they Lave been disposed
to hold t'ff awaiting further development before making additional purchases of importance
Rye fl )ur has had only a
limited sa e, but values have held to a steady basis. Corn
meal has been quiet. Demand from the home trade has been
ligot and exporters have been slow buyers; prices, however,
have held to a steady basi--.
Speculation in wheat for future delivery has been on a
limited scale only; but during the first half of the week the
tendency was towards a higher basis. Crop accounts from
the West, particularly the spring-wheat section, were less
tavopfible, and crop reports from the Continent also were of a
lats favorable character.
These advices, to=;ether with a
tailing off in the crop movement in the Northwest, resulted
in some nervousness among shorts, and tney bought to cover
contracts. Advices received from Paris stated that it is estimated that the yield of the French wheat crop will be as
lara:e as last year, but this news had comparatively little
influence upon values. Thurs lay the market tarned weaker.
Foreign advices were disappointing, reporting weaker
THE CHRONICLE.
242
iBarkets, rt fleeting generally favorable conditions abroad
for harvesting the crops. Crop accounts from the West
were more favorable, and there was some pressure to sell by
longs to realize profits. Easiness in the spot market has
been quiet, as exporters have been only very moderate buyers: prices have followed futures. To-day the market opened
dull and easier in the absence of business. Subsequently,
however, there developed a stronger tone on reports of extensive damage to the crop on the Pacific Coast and free
buying by millers in the interior, and prices advanced.
Business in the spot market was quiet. Sales today for export here and at outports were 120,000 bushels.
DAILT CLOSn^Q PBICBB OF NO. 2 BED WINTEB IM IVE^W' YORK.
Fri.
Thur$.
Sat.
Wed.
Sfon
77ie
77 14
7714
77%
Cash wheat f o. b
76 »2
76%
7616
761*
7513
July delivery In elev
76%
75%
76H
76
7534
7638
7658
75%
Sept. (leliveryiD elev
75%
77''8
78»«
7758
78^3
Deo. deUverj in elev
77%
78 "8
DAJLT CLOSING PBI0E8 OF NO. 2 8PBINO IN CHICAOO.
Sat.
Mon Tuen. Wed. Thnrs. Fri.
70^2
6938
7038
69^8
7058
6958
July delivery In elev
.
70^
7i'^
7238
Sept. delivery in elev
Deo. delivery in elev
72 ^a
7158
73 12
7114
7514
7t'5g
7118
7258
73
[Vol.
LXIX.
CoBN.— Corn would be benefitted by rain in Nebraska, Iowa and Indiana, but as yet the crop is not sulfering ser ousiy in those States,
and as a rule has done well. In the other great corn States of the central valleys the crop has made favorable progress
Recent abundant
rains have greatly improved corn in those portion"* of Tennessee,
Alabama nnd Georgia in which severe drought prevailed, but came
tio late for early corn, which has been permanently injured in the
States named, as well as over the western portion of the Carolinas,
where drought still continues.
vVinter-Whbat.— Winter-wheat harvest is about flnii=hed in the districts east of the Rooky Mountains, and continues in Oregon, where a
fair crop is being secured. In Eastern Washington hot, dry winds'
have caused premature ripening.
Spring Wheat.— The harvesting of spring wheat has begun over the
southern portion of the spring-wheat region. Over the western portions of the Dakotas very higii temperatures -100 degrees and above
—proved decidedly unfavorable to spring wheat, but the crops
escaped injury In the eastern portions of these States. In Minnesota
the outlook tor spring wheat is generally good, and harvesting will
begin this week.
Oats.— Oats harvest is nearly completed in the central valleys and
Middle Atlantic States, and is in progress in extreme northern district.
Fair to good yields are generally expected in the central valleys. In W^isoonsin, however, some damage will result from lodging,
and in Nebraska the crop generally Is not as good as was anticipated.
Tobacco.- Late rains have caused marked improveujen's in the
condition of tobacco in Kentucky and Tennessee, and the general
ondition of the crop in the Ohio Valley, Middle Atlantic States and
New England is very promising except in portions of Penusylvania
and Virginia. Curing continues in the South Atlantic States.
<
Speculation in Indian corn futures have been without
special animation. Early in the week values held fairly
steady iij sympathy with the advance in wheat. Subsequently, however, there developed a weaker tone. Needed
rains were reported in the corn belt. Es'imates of the yield
in the State of Kansas were increased and the movement of
the crop was large. These developments naturally prompted
increased pressure to sell, under which prices declined. The
spot market has continued active, exporters being free buj'ers, and prices advanced and then weakened, following
To-day the market was steadier on buying by
futures.
shorts to cover contracts. Crop prospects continued favorBusiness in the spot market was fairly active. Sales
able.
to-day for export here and at outports were 480,000 bushels.
YORK.
DAILT 0LO8INQ PBICE8 OF NO. 2 MIXED COBN IN
Fr%.
Wed ThuTg.
Sat.
Hon. Tues
3«l4
337iu
3818
381^
38
Casta com f. o. b
—
3738
37
36%
37
36%
July delivery in elev
NEW
37 14
36 14
37'4
36I4
Sept. delivery in elev...
Dec. delivery iu elev
3714
36I4
3712
36-^8
ae-^s
3618
36
37
OF NO 2 MIXED COBN IN OHICAtiO.
DAILY CLOSINO PBICE8BOFNO
Fri.
Sat.
Tues.
Thurs.
Mon.
Wed.
.
elev...
3218
Bept. delivery in elev
Deo. delivery in elev.....
May delivery In elev
31%
July delivery In
3218
31-8
3018
30
—
—
3238
32^
32
323s
3|l8
3238
303$
—
Sept. delivery in elev....
igsg
1938
—
—
2H3
2188
1912
19'8
21^8
19">8
19%
21''8
21ia
2158
1933
JExtra, No. 2
Extra, No. 1
Bakers' extra
$2 10
2 25
0220
®2 35
2 15 ®2 55
2 65 «2 85
2 90 »3 30
.
Buckwheat
flour
Com meal-
Western, eto.
2 10
Btralghts
3 30 ?J3 55
3 70 ®4 35
Brandywlne
Patent. Spring
2 15
rWtaeat floor In saoks sells at prioes below ttaose lor barreis.
®4 00
15
«3 40
'94
«
...
@2 20
GRAIN.
WheatHard Duluth, No.
o.
1
0.
79%»81i2
N'th'nDulath.No. 1 7638»'8i«
Red Winter. No. 2.. 7.-^ 39477 1^
N'th'uN.Y., No. 1. 75'8*7758
Oats—Mix'd, per bsh. 27 «30
White
No. 2 mixed
Wo. 2whlte
281^935
^
28 «29
29i2a30»«
Com, per bush Western mixed..
,..
35% ' 39
No. 2 mixed
36i4»39
Western Yellow
Western White
Zl^i?iQH
36%n39i4
Rye-
Western, per bush.
State and Jersey...
Barley—Westerii
Feeding
.
56
©60
,55 weoi^
,42
37
QovEBNMENT WEEKLY GRAIN REPORT. — Mr. James
-350
'^4019
Berry,
Chief of the Climate and Crop Division of the United States
Weather Bureau, made public on Tuesday the telegraphic
reports on the grain crops in the various States for the week
ending July 24 as follows
Weather.— Wblle drought continues over the western portion of the
Caiolinas, it has been wholly relieved by the abundant rains in Tennessee and generally in the East and Central (iulf States, althoutih
portions of Mississippi and Alabama sttU need rain. Rain is also
needed in Southern Texas, Nebraska, the Dakotas, over portions of Indiana, Illinois, the Middle Atlantic States and New England, but upon
the whole the general onditions have been favorable tu the States of
the central valleys, lake region and on the Middle Atbmti'' ro.isi A
marked Improvement in the general condition of crops is reported
from the middle Rocky Mountain States, and seasonable weather conditions have prevailed on the Paolflc Coast.
:
<
•/une.
12
Mont
hs
7P.875,372
14,521,811
17,776,993 215,171.661
16,t23.178 216,567,282
7,990,458 144,723,521
9,999,876 175,998,664
Si,69^,165 421,7 39.24,'-
17,890.331 320,722,805
$
$
t
*h't* flour. 10.890,830 175.130,554 19,663.894 212,891,63$
Oorn& meal. 6,576.52f 70,192.S0H 6,663,955 75.2fO,067
6.921,07f
327,498
aye
712,17j
f*.7M6,8i(
Oati& meal. 1.838.7;e 11.035.78^ 2,021,976 22,339,-, 62
147,43'
l,874,78i*
Barley
50.928
5,418,772
t
t
e.7g6,79P 115,642,184
3 163.3264,517,852
18,257,924
f7heat....bu. 13.89S.57S 219.819,33;
Oorn...bu8h. is.ciT.oeo I72,e87.47i
Tot.bush.
2y,805.e38 392,606,807
Values.
Tot
19.';h1.05
263,655,106
vRltie
29.102,922
628,606
3,667.505-
l,073.37t
9.827,305
601 567
7,640,495
706,061
12,023,66!- 191.(90.341
17,700,994 191.223,>-5;
15,65l,'.i6» iy5,( 01,04?
16.188,63f 165,859,880
8.07?,70'
208.743,991-
7,526,2i'7 «29,940,47';
e,i8J,C9J
56,317,26i'
t5,171,0n
4.814,870 230.737,3! 6
5,655,793 61.733.685
748 71'-.9I0.201| 67,2.'2774 804.818.681
3g,68?,46e 849,421,892
I
•='1."37
4,672 28B
:^24,
'Inoladintioactleaud boss in all montbs and years.
Note.— All the above tlgures are baaed on the monthly prelimlnarjr
eturnsissued by the Bureau of Statistics, and cover about 98 per cent'
of the total exports.
The movement of breadstuflfs to market as indicated in the
statements below is prepared by us from the figures collected by tde New York Produce Exchange. The receipts at
>V astern lake and river ports for the week ending July 22, and
-ilnce Aug, 1. for oiach of the last three years, have been:
'isceiptt
at—
Wheat.
Flour.
Corn.
lye.
Barley.
Oats.
BhU.lOaibt Bu»h.60lbt Buih.bOlbs Bu$h.32lb8 Bush.iSlbi Bu.66''
85.304
1.7=9.fl07
581,765
2,9;n,4o0
70.450
Jblcaifo
29,978
7J,485
230,300
tfllwaakee
168,300
278.400
39,960
9,800
leO.675
1.369,804
81,806
anluth
6.522
11,974
8,7(3
1,347 B80
?,09l
73,810
lllnneapollB.
111.93 J
2H6,891
16.098
l,?27,r23
54.000
21,500
Toledo
ii.eco
47,129
31.290
6,717
15,030
700
2,H95
Oetrolt
21.210
151,396
589,571
10,250
99,598
1P6,495
7,800
122,146
6!6,000
354,600
463,000
280,000
52,000
6,005 168
2.695,M91
4,9P6.0i(?
2,313,191
777
8.26S,8:0
Cleveland..
St.
Lonlt
....
Peoria
Kansas City.
Patent, winter
$3 60
City mills, extras . 4 05
Rye flour, superfine 3 00
1896-97.
Months
850,824
ProTislons*
Ootton
Petrol'm,&o
\9\\
12
4.161,748
31 14
1912
June.
13,191,992 146,623 250
1.018,667 15,2,S3,047
31
FLOUB.
nne
1,531,990
2n''9
Rye has been easier, and a limited volume of business has
been transacted at lower prices. Barley has been in fairly
active demand for feeding stock; prices have been steady.
Following are the closing quotations:
Biperflne
e.994,623 187.f58 677
(rioar...bbl8.
Br'datnffa...
20
1897-98.
12 Months.'
Wbeat.bnsh.
3019
market was quiet and prices were easier. The sales to-day
for export were 30,000 bushels.
DAILY CL08IN0 FBICES OF OATS IN NETT YORK.
Sat.
Mon. Tues.
Wed.
Thurt.
Fri.
2914
2912
281^
58
28
28
No. 2 mixed In elev
30ia
301^
30
30
30
No. 2 wtalte in elev
29»fl
DAILY CLO8INO PBICE8 OF NO. 2 MIXED OATS IN CHICAGO.
Sat.
Mon. Tues.
Wed. Thurs.
Fri
24i8
23i8
2414
2438
24
2338
July delivery in elev
June.
Quantities.
31%
3134
1898-99.
Bxvortt
170m O.S.
3m
3138
Oats for future delivery have been quiet, and there has
been a gradual sagging of prices. Crop accounts have
been favorable and advices received from the interior indicate a tree marketing of the crop in the near future. Locally
the spot market has been easier. The demand from the
home trade has been light, but exporters have continued
moderately large buyers. The market to-day was quiet and
prices showed no decided changes. Business in the spot
Dec. delivery in elev
May delivery in elev
Exports of Bheadstuffs, Frovisions, Cotton akd
Pktroledm. — The exports of these articles during the month
of June, and the twelve months, for the past three yeais
have oeen as follows:
375,685
Tot.wli.'99.
Same
Same
181.888
257,017
wk.'98.
wk.'97.
ai,\eeAuo.
1898-99
1897-98
1S96-97
3,2'.
1.654
6,750
650
2,702.252
1.935.279
161,324
28.4H8
3 500.029
181,601
59,680
87,479
113,931
128.4(0
1.
15.175.336 281.885.8 '1 221.093 126 173,135,580
11,440.872 222.267,601 288.937,823 179,621,010
11.575,258 163.802,603 168,001,854 177.087,880
25 503.53 10,623.357
85 654 536 10,796.138
39.1? 3 982 7,327.818
The receipts of Qour and grain at the seaboard ports
week ended July 22. 1899, follow
Hour,
Htceiptsat—
bbls.
NewVork
123,919
Boston
Montreal
36,«1VS
Philadelphia
Baltimore
i\90l
Richmond
1.625
12.878
5.994
vf/ieot,
bush.
1,8H6 OCO
i 69,8 12
212,.;70
lfi3,O01
60.948
Sew Orleans*
Newport News
670.557
9,4P2
203.800
ei.8.=.2
624.066
Pensacola
1,025
Portland,
*,<
Me
ToUl week
1 898
38
40,377
358.233
226.143
.'?,85».l09
1,565,169
•liaceipts do not inolnde grain
ports on throuffh bllU of ladlnjt.
Total receipts at ports
follows for four years:
ReceiVtSOf—
flour
—
Wheat
Oats,
buxh.
Barley,
bush.
1.400,100
531,800
198.7(3
87.466
]4H.4i0
114,053
7,783
83.H50
818,324
85.000
615.-298
50O.B34
1,168.1-<J7
7HM.339
27,' 8!
188,2
'5
466.190
(jiiiTeston
Oorn
Oata
Corn,
bush.
Ryt,
bush.
6,826
.<<4.834
43.437
"l0,463
17.3 4
l.f52'
85
643
NorJolk
ffeek
for th^
.
...
Total KralB..
"e.oro
•.i,M55
69,760
6.187,164 1,588,P03
1.800.yd2 1,573 397
183.071
3(5,210
^SOO
886.065
paMlng throach New Orieani for foreign
from Jan.l to July 22 oompare as
1899.
bbli. 11,385.032
1898.
10,33b,221
.bash. 60.634,190
57,603,487
10-?.74O,ao5
l.').!*6:),440
45,568,430
67 421,160
2.t<48.442
8.7i4.b85
8,791,161
Barley..
Bye
"42,000
1.794
815,414,348
261.122,620
1897.
90.57,-337
1896.
7,486,«e5
25.6U9,14 8
27,924,981
6
12,372,838
42.537,0.19
6.76:5,0z7
4.436,272
1,508,596
104,()4>',2(
4,918,867
183.691.106
S6.-283 8:i5
112,670,69
July
The exports from the several seaboard ports for he week
-ending July 22, 1899, are shown in the annexed statement:
Oorn
Wheat,
Export* from— hush.
661.866
Boston
221,373
Portland, Me.
40.377
48,000
Philadelphia..
Baltimore
191.677
New Orleans.. 177,206
Norfolk
Newp'rt News
Montreal
263,490
bush.
838.731
581,374
95,007
45,813
4,038
31.415
43,962
4,277
848.160
139.772
—
616^82
Pensacola
1.794
Total week.. 1,603,988 3,8tl,3S4
2,997,169
Rye,
Peat,
Barlty
bush.
25,825
bush.
10,894
bush.
231.S69
""
69750
8,497
20,000
47,100
140
643
466,l!-0
60.000
Oat$,
bush.
894 0)2
189 098
Flour,
bbU.
'388.981
(Jalveston
game time '98.1,133,391
112,111
5,994
42.396
318,324
160.937
1,025
2,855
1 18,39 ^
274,658 1.202.284
126,957 1,176,979
174.423
-Wheat.
.
....
29,114
44,840
4S,505
64,349
308.209
11,949
week and sinoe
destination of these exports for the
September 1, 1898, is as below.
Flour.
,
Corn.
Since Sept
Week
Wfsk Sines Sept. Weelf Since Sept.
Bxvortifor
July 22
1,1898.
1, 1898.
July 22
MMfc and sine* July 22
busti
bush.
bush.
bbls.
bbls.
8ept. 1 to—
907,190 67.286,692 1,SC2.769
United EinRdom 184.572 10.886.186
1.8•;9.^88
2.431.491
678,289 49,216.274
22.348
Continent
1.119.i:B9
198,166
62,889
28,678
B. & C. America.
West Indies
N.Am. Colo's
25.171
6,650
12.239
Other countries..
274,558
126.857
Total
Totalises.
l,l.SH.539
15,6>!8
216 821
397.637
13,928
66,393
15,711.006
12.720,v:87
17,S09
638,269
1.603,988 117.339.401
1,133,391117,243,687
1898
bush.
1,
73.459,0S8
82,178,940
169,850
90 ,365
at—
Hew York
«tor«
Do
afloat
Boston
Philadelphia
Baltimore
New Orleans
Galveston
Montreal
Toronto
Wheat,
Oorn,
btuh.
bush.
2,846,00^
St.OOO
1,511.000
648.000
292,000
1,649.000
3U.o<iP
1,036.000
274,oou
334.nor
1.683.000
932.000
159.000
134.000
184,000
e-o.OOP
1,437,000
Buffalo
Do
1,438.000
Oat4,
bwh.
71 6.000
25,009
137,000
297.000
191,000
Do
By*,
Barley
bush.
130,000
128,00C
busi%.
••••
•.
41,000
8?6,0d6
10,000
626,000
"i.oob
24.(X)0
10.000
13 000
201.000
+1,700.000
696.OO0
61,000
1,000
200.000
28.000
lOOCO
lOOOC
5,678,000
3,164.000
602,000
300,000
58,000
3,000
>•
•
afloat
Detroit
Do afloat
Chicago
afloat
Do
MUwaukee
Do
aflnat.
DO
144.000
10.000
Do
4,86L.00U
iso.ooo
'U8,00'u
17,000
'S6 000
8.746.000
869,000
295,000
116.300
286.000
21.000
2.00'>
1.008
1,154,000
81,000
124.000
113.000
11,000
137,000
21,000
1,792,000
731,000
498,000
26,000
4.697,000
4.791,000
4,272.000
6,651,000
6,537,000
731,000
481,000
1.771.000
afloat
Minneapolis.
8t Louis....
2,C0O
afloat
Kansas City
Peoria
Indianapolis
On Mississippi Blyer
OnLakes
On oanal and river.
Total July
22,
1899
6,000
584,000
. .
.
968,000
623,000
35,9-6.000
TotalJuly 15,1899.. 84,440,000
Total July
TotalJuly
Total July
33, 1898..' 9.382,000
24, 1897..*18,031,000
25, 1896.. 47,142. 000
£4,1100
13,370.000
12,0.34,000
18,179.000
18.179,000
8.S10,100
1,000
"i.okio
11400<
159.000
611,0011
1.537,000
820.000
766."
845,000
e54,OW
740.0:
E-fclasive of New Orleans. Galveston, ft. William and Port Arthur, bn»
including Albany. tJgiveKo and Cincinnati, now omitted.
Note.— Beginntne July 1. 1899, the New York Produce Exchanee has changed
its Visib e Supply Statement byinclu ing stocks at New Orleans. Galve.ston,
Ft. William and Pt. Arthur (previously omitted) a .d leaving out Albany
O.'weso and Cincinnati, formerly included.
+ Toledo wheat includes 827,000 bustiels burned July 23.
THE DRY GOODS TRADE.
New
York, Fbiday, P. M., July 28, 1899.
The attendance of buyers in the market is gradually increasing, and at first hands and with jobbers business during
the past week has been on a fuller scale than of late and
above the average for the time of year. Reports from out.
of-town distributing points tell of a good business doing,
large Western markets in particular being active. Indications all point to an unusually large supplementary demand
coming forward within the next few weeks, and there is already some anxiety on the part of buyers as to where supplies of certain lines of merchandise are coming from to
meet it. Leading makes of brown and bleached cottons are
scarce, with no superabundance of other grades, while cotton
dress fabrics are as a rule well sold ahead. In themen's-wear
division plain worsteds have sold to an unusual extent and
most plain dress goods also. Under these conditions the
general tone of the market is decidedly firm and where price
changes occur they are in an upward direction, as in leading
lines of bleached cottons this week.
Little attention is
being paid to the present course of the raw cotton market,
but raw wool is a strong supporting icfluence in the woolen
goods division.
Woolen Goods,— There
mand for plain worsteds
India
Arabia. ....
Airioa
2,704
1,129
W^tlndlOB
613
159,438
1,646
28,934
9,343
18,260
26,498
6.524
27,882
5,180
275
114
231
599
243
,
Mexico
Central America.
South America..
Other Countrlea.
2,141
744
103,930
7.999
19.637
7,641
8,017
2,463
4,165
29,058
12.358
1
50
381
51
114
439
230
261,775
19,334
11.004
Total
China, via Vancouver*..
Ill
21
14,003
1,308
113
.......
Since Jan. 1
15,401
198,153
6,377
'
15,401
204,530
Prom New i£n£iana mill oolnta direct.
The value of the New York exports for the year to date
has been |9,303,666 in 1899, against |6,943,819 in 1898.
Agents have advanced the prices of Lonsdale 4-4 bleached,
Frnit of the Loom 4 4 and D wight- Anchor 4-4 to 7c. per
yard and Blackstone 4-4 to 6c. per yard, a net advance of
about 3-16c. per yard. Several other lines have moved in
unison. At the advance the demand is quieter, but on a
more liberal scale where prices have not been changed. The
export demand for heavy brown sheetings and drills has
been moderate, but home trade improving; prices are very
firm in all leading makes supplies of whicQ are exceedingly
Four-yard and lighter sheetings are steadier.
limited.
There has been more doing in grey goods, with a better tone.
Wide sheetings quietly firm.
firm, with fair sales.
for denims on both home and export account more
liberal and prices tending npwards; incidental advances of
Ticks, plaids and other coarse colored cottons
J^c. quoted.
steady, with average sales. Business in fancy and staple
prints is improving as the supplementary demand develops,
and the market is firm. Ginghams are without change.
Print cloths firmer in tone, outside markets holding reguMore doing in odds at steady
lars for full price of 2^c.
prices.
Ducks
...
.
5,579
Week.
1.
Demand
Ft.Will'mJt Ft. Arthur 2,006,000
Dalnth
6
11
Great Britain
Other European.
China
3,841.384 l68,2Sl,77i
2.997.159 l88.28B.2O9
60,(H)0
1898.
1,2;5,793
afloat
Toledo
1899.
to j0i,Y 24
Week. Since Jan.
290.7i!7
The visible supply of grain, oomprlsing the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, July 22, 1899, was as follows:
in
—
Nbw Yobk
10.462
248
firm in plain lines with fair sales. Flannels are against
buyers, and blankets firm with a moderate business going.
Domestic Cotton Goods. The exports of cotton goods
from this port for the week ending July 24 were 11,004
packages, valued at |3 to, 325, their destination being to the
points specified in the tables below
.
The
Br.
:
THE CHRONICLE.
29, 1899.]
New Tor*
O
M
—
'
has been a falling off in the defor men's wear, as natural after
the extensive business already done, but fair sales are
still reported.
The market is strong, and the Wansbuck
goods opened this week fully confirm the advances in other
lines. Clays opening on the basis of |1 273^ for 16 ounces and
serges on the basis of $1 05 for 12 ounces. Some business is
doing in fancy worsteds at $1 35 and under, but none of the
better grades are on the market yet. Piece-dyed and medium and low-grade fancy woolens are in fair request, but do
not sell as well as worsteds or show as much improvement
in price. Compared with last season the advance will hardly
average over 2}4 per cent. There is a fair demand for plain
overcoatings at firm prices, and moderate gales of fancy
backed cloakings. Woolen and worsted dress goods are very
Foreign Dry Goods
—Orders
for fall dress goods on a
moderate
scale; prices maintained.
Spring business slow in
developing. Silks are steady but quiet. Ribbons continue
irregular. Linens quiet: prices firm.
Burlaps in better request and more firmly held.
Importations and Warehouse Wltbdrawals of Dry G«« tf •
The importations and warehouse withdrawals of dry goodi
at this port for the week ending July 27. 1899, and sinoe
January 1, 1899, and for the corresponding periods of last
vear are as follows:
—
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.
THE CHRONICLE.
244
[Vol. LXIX.
Boroughs of Manhattan and The Brouj
/km CiTY
B rough
of Queens
Borough of Richmond
Total
TERMS OF SUBSCRIPTION.
AND Financial Chronicle.
The State and City Supplement
will ako be furnished
without extra change to every suosoriberof the Chronicle.
The Street Railway Supplement will likewise be fur
nished wittiout extra charge to every subscriber of the
Chronicle.
The Quotation Supplement, issued monthly, will also be
furni&h'-d louhout extra charge to every subscriber of the
Chronicle.
TERMS for the Chronicle with the four Supplements
above named are Ten Dollars per year within the United
States and Twelve Dollars in Europe, which in both cases
includes postage.
of Advertisiugr— (Per Inch Space.)
Transient matter (ea(htime)$4 20
STANDING BUSINESS CAKDS.
Three Months
Two Months
Twelve Months
$22 00
{8 times)
Six Months
f 7, 175,S50
The tax
The Investors' Supplement will be farnithed without
extra charge to every annual subscriber of the Commercial
Terms
$5,980,269 3(5
133,629 99
990,092 4 9
; 2,859 10
Borou(.'h of Broolilvn
jpe
(13 times).
(26 times).
(52 times)
.
$29 GO
50 00
87 00
Ashlaiid County, Wis. Bonds R( fused.— It is stated that
the $10(1,000 ?>% tunding bonds awarded June 20, 1893, to
Trowbridge, MaeDonald & Niver Co., Chicago, have been
relused by that firm on the grounds that they were Illegally
rat© for the several boroughs
Boroughs of Manhattan and Bronx
Borough ot Brooklyn
Borough of Queens
Borough ol Richmond
was
88
fixed as follows:
2'4804
2 3642i
3'27«45
2-423 3
N. Y.— Temporary Injunction.— On July 27,
Justice Pardon C. Williams granted a temporary injunction (returnable at Watertown on July 31, 1899) restraining the city officials from selling the $1,00(J,000 4^ refunding bonds advertised for sale August 2, 1899. The suit
was brought by Col. A. C. Chase, a tax payer of the city,
who alleges that the proposed issue is in violation of the law.
The injuLciion rebtrains the issue of bonds bearing a higher
rate of interest than 3 per ceLt, several local banking institutions having offered to take them at that figure. The
offering referred to is given in another column,
Washington.— 6'c/iooZ lund Cannot Be Invested in Warrants.— On July 19, lb99, the Supreme Court handed down
an opinion holding that the State Treasurer cannot invest
thepeimanent school fund in general fund warrants. The
deciaion is based on the fact that the State Constitution does
not mention u-arrants where it authorizes the investment of
this lund in national, State, county or municipal bonds. This
ruling must not be confused with that given in a recent suit
to test the validity of the statute authorizing the investment
of this fund in State funding bonds. See Chronicle Jane
Syracuse,
1899,
17, 1899.
issued.
Ciucinuati, Ohio.— Injunction Suit.— On July 2!, 1899, the
of t"-iDkiDg Fund Trustees and the Board of Trustees
Cincinnati southern Railway held a joint meeting and accepted $91,500 of the offers received July 19, 1899, for the extension of the time of payment of the Cincinnati Southern
Those accepted were as follows: $28, COO
Railway bonds.
Bond Calls and Redemptions.
Boaid
&
7-3$g bonds offered by Briggs, Todd
Co.. Cincinnati, and
$62,000 7 S% bonds offered by the Merchants' National Bank,
both agreeing to pay a premium of i^ of 1%. Also one $1,000
bond and one $5U0 bond, offered by John Bohle, of Newport,
Ky., he agreeing to pay 2% premium. Ellis G. Kinkead,
Corporation Counsel, has entered suit to enjoin the Sinking
Fund Trustees and the Trustees of the Southern Railway
from extending these bonds, claiming that the Acts of 1889
and 1«93 empowering the Trustees to extend the bonds, are
unconstitutional and that to extend the time of payment, as
proposed, would be an abuse of corporate power.
temporary Id junction has been granted by Judge Davis.
JjOnismua.— Extra Session of Legis^lature. The Governor
has called an extra session of the Legislature August 8, 1869,
to act on the proposed amendment cf the State Constitution
peimitting New Orleans to incur indebtedness for water,
sewers and drainage systems. It is proposed to submit the
amendment to a vote of the people at the general election in
April, 1900.
Nassau County, N. Y.—Suit to Prevent Delivery of Bonds.
T. J. Mi.Ktnnahas brought suit before Justice Stover to
prevent the delivery of the $100,000 court-house bonds to Sejmour Bros.
Co,, New York, to whom they were awarded
on July i4, 1899, at 102-40. Mr. McKynna claims that the action of the Board of Supervisors was "fraudulent and illegal
and constituted a waste of the funds and property of Nassau
County." Mr. McKrnna states in his affidavit that, while
he was and is now prepared to pay 105 for the bonds, the
board did not give him an opportunity to enter his bid. The
case will some up for a hearing on August 4, 1899.
New Ictrk City.— Mandamus of the Supreme Court Compelling Bond Issue-: At the meeting of the Municipal As
A
—
Center Township, Jewell County,
P. O. Green,
Kan.— Bond
Call.—
Township Treasurer, has
called for payment
August 25, 1899, at the State fiscal agency in New York City,
eighteen $1,01 bonds issued Nov. 15, 1887, in aid of the ChiNebraska Railroad Co.
cago Kan^as
&
CeuierviUe Toivnshlp, Linn County, Kan.—Bond Call.—
C. H. Brown, Township Treasurer, has called for payment
August 25, 1^99, at the State fiscal agency in New York City,
Kansas City & Pacific RR. aid bends to the amount of $20,Securities are in denomination of $1,000, dated JanulOO.
ary
1,
1889.
Chicago (111.) Sanitary District.— Warrant Call—The
drainage board has redeemed $300,000 4% warrants issued
against the tax levy of 1898. It is stated that of the $1,800,000
warrants issued last year, §1,300,000 have already been redeemed, and that the remaining warrants will be taken up
before Sept. 1, 1899.
Eagle Township, Sedgwick County, Kan.— Bond Cal'.—
issues that have been called for payment
August 25, 1899, at the State fiscal agency in New York City
is one of $15,1 00 issued Dec. 1, 1887, by this township in aid
of the Kansas Midland Railroad. Denomination of bonds is
$500. Tne official notice of this call is signed by John Hohman. Township Treasurer.
Ka 8.i 8.— Warrant < aZZ.— Frank E.Grimes, State Treasurer, has called for pajment all warrants stamped "Not
paid for want of funds." Interest will cease August 19, 1899.
&
Kethi Township, Sedgwick County, Kan. Bond Call.—
Township Treasurer C. W. Scott gives notice that $10,000
Kunsas Midland Railroad aid bonds will be paid August 25,
1899, at the State fiscal agency in New Y^'ork City,
Bonds
are in denomination of $500, dated December 1, 18b7.
Lost Springs Township, Marion County, Kan. -Bond
Call.— This township, through its Treasurer, Gto. G, Shirk,
calls for payment August 25, 1899, $10,000 Chicago Kansas &
Western R^inoad aid bonds, dated July 1, 1887.
Mulinoiuah County, Ore.— Warrant Call.—Rsilph W.
sembly held July 25, 1899, the peremptory writot mandamu.s
issued by Judge Fitzgerald of the Supreme Court and direct- Hoyt, Connty Tieasurer, has called for payment county warrants, Class 35, drawn upon the general fund, that were preing the members of the Assemply to authorize the issu
ance of $2,100,OOJ bonds for the new Hall or Records, was sented and indorsed "Ntt paid for want of funds "from
disregarded by that body. The Municipal Assembly has for February 1, l'-98, to February 28, 1898, both dates inclusive.
some time relused to authorize certain bond issues for public Interest on these warrants ceased on July 17, 1»99.
improvements, and John Pierce, the contractor for the new
Neosho Falls Township, Woodson Uouutj, Kan.— Bond
Hall of Records, applied to tne Supreme Court for a man- Call.— Inttititl will ceaseon Auj^ust 25, 1899, on thirty $1,000
damus to compel them to act. This order was granted on bonds issued June 1, 1887, in bid of the C. K. & W. Railroad.
Friday, July 21, 1899. The result of the refusal of the As- Payment will be made at the State fiscal agency in New
sembly to abide by the Court's ruling is awaited with much Yoik Ciry. The Township Treasurer is I. M. Baxter.
interest.
Oak Township, Smith County, Kan.— ^ond Call.— On
Tax Rate for 189'J.- On July 26, 1899, the finance com- August 25, 18«9, $19,0u0 Chicago Kansas & Nebraska Railmittees of the Municipal Assembly submitted their repirt road aid bonds issued Dec. 15, 18b7, will be paid upon prerelating to the tax levy for 1899,
The amount to be raised sentat on atih- State fiscal ageLcy in New York City. W. W.
Johnson is Township Treasurer.
for city purposes by one general rate is as lollows
FlaiiiTilie Towubhip, Kouks Counnt^, Kan.—Bond CaW.
Total budget..
, v
$93,520,082 03
Less estimated revenues of the ueneral fund as certified by the
— W. R. Grten, lownehip Treasurer, gives nuti^e tnat interCoiuptroUer and deducted pur.suantto Section247of tneGreater
est will Cease on August 2o, 1899, on $16 000 L ncoln & ColoNew Vork Charter
9,026,191 26
rado Railroad aid uonds issued January 1, 1689. As usual,
Net budget to be collected by tax
tg4 493 ggg 77
payment will be made at the State fiscal agency in New
Less "deficiency item" to be apunrtioned among the several
boroughs in the ruauner provided by Section yul of tlie Cuarter. 7,175,850 88 Yo.k City.
Vttllev Center Township, Sedgwuk County, Kan.— Bond
$;7,318,039 89
„
budgets to be severally
Less aggregate of^ county ^
raised In the reKaLsas Midland Railroad aid bonds to tUe amount of
Cull
provided
spective counties as
by Section 9u2 of the Charter
9,809,288 81
$10,<iOO, dated Dec. 1, 1«»7, will be pay^ible August 25, 1899,
Tax to be raised by a general rate throughout the city
$07,508,751 05
at the btate fiscal agency in New York City. Denomination
The loUowing were recommended as the amounts to be of bonds is JoOO The Township Treasurer is J. C. Majall.
respectively charged locally against each of the boroughs for
»a8hiugtuu Township, Jeweil ouutj, Kan.— Bond Call.
the deficiency item, as provided by Section 901 of the Char- —We
oie that Peiry Hawortb, Township Treasurer, has
ter, " to the end that each borough shall bear its fair pro- called for payment August 25, l899,
$15,()00 Cnicago Kansas
portion of the expenditures of the city for the year 1898 :"
& Nebraska Railroad aid bonds issued Nov. 15, lo87.
—
Amongst other
II
—
:
'
.
.
,
.
'
,
t
1
—— —
July
——
—
—
—
.
THE CHRONICLE.
29. 1899.1
Bond Proposals and Negotiations
week have been
as follows
this
:
Abilene (Kan.) School District.— Bo7id Issue.— The
school boo id bas refunded $4,000 Q% bonds with a like amouut
of 4^^ per ctnta.
ArapiihoK County (P. 0. Clierielyn, Col.) School District No. "ii.—Boitd Offering. Proposals will be received
until 8 P. M. July 31, 1899, by Geo. F. Higgins, Treasurer,
for $9,000 0% 10-20 year refunding bonds. Securities are
dated August 1, 1899, and interest will be payable eemi-annually. A certified check on a Denver bank for $500 will be
required. Total debt cf district is $9,000. The assessed
valuation is $298,055, and the population about 1,000.
Austin, Texas. Bonds Authorized.— The City Council has
passed an ordinance providing for the issuance of $50,000
nigh school bonds.
Baiubridge, Ross County, Ohio.—Date of Sale.— We are
advised by E, O. Lease, JIayor, that proposals for the §7,000
5% 1-7-year (serial) electric light plant bonds mentioned in
the Chronicle July 8, I8fe9, will be received until 12 m.
—
245
0. Lisbon), QhXo.- Bond Sale.—
the $55,000 4% 2-12-year extension bonds were
awaided to Denison, Prior i Co., Cleveland, at 104'1G. Following are the bids
Columbiana County (P.
Oq July
20, 1899,
:
Denison. Prior & Co.. Cleve. .*67.29(i
R Kleybolte.v C'>.. Cincln... 6T,v82
German Nat. Bank, Cincin... 6T,'<i38
N. VV. Harris* Co Chicago. 5:,1':{6
Lamprecht Brus.
00
50
.New 1st
50
00
W. .J. Hayes 4 Sons. Cleve... 67,172 fO
67,iai
OO
Cincinnati..
Sons,
S. Kuhn A
Se.isongcoa & Mayer, Cincin. 57.0:i5 00
Keder, Holzman i Co.. C'in... 57.013 lO
,
Brings
"-Ht.
Todd
Co., Clev...$57,0l3 00
Bk.. Columbus.. 5' ,926 00
Co., Cmcin.
66,91175
ai
.
zer&Co., Toledo
Meyer & Ki..<er, iudianap'lis.
.^0,710
A. Kean, Cblcago
Cent. Nat. Bank, Cleveland.
55,650 00
66,137 60
Spi
S.
.
S--, 100
00
00
For description of bonds see Chronicle July 8, lf'99, p. 93.
Concord, Mass.— Bond Sale.— On July 21, 1899, the $35,0C0
4% 30 year municipal-light bonds were awarded to Adams &
Co., Boston, at 116 591. Following are the bids
:
Adams &
Boston
llG-591
Blodget, Merntt & Co.. Boston. 11«'64
116-13
Parkinson* Burr, Boston
K. H. KoUinsA Sons. Boston. ..115-^9
115-67
N. W.
& Co.. Boston
115-59
Vermilye & Co., New York
Co..
Hams
Perry, CofBn & Burr, Boston.... 11 5-57
Blake Bros. & Co., Boston
i 15-54
Concord National Bank
Estabrook & Co., Boston
Uenlson, Prior
& Co.,
116'37
115*26
Boston... 116-14
For descr ption of bonds see Chronicle l.nst week, p. 195.
Converse County (P. 0. Kirtley), Wye, School District
No. l.—No Bids Received.— No bids were received on July
August 2, 1899.
22, 1899, for $650 1 5 year school bonds, and we are advised
Baker City (Ore.) School District No. o.— Bonds Voted.— that the district will try to dispose of the same at private
At an election held July 17, 1899, this district voted to issue sale. loterest will be at a rate not exceeding 6fc, and will be
$15,000 school building bonds.
payable semi-annually.
Crescent City (III.) School District No. S.—Bond £^a?e.—
July '61,
On
July 10, 1899, the $3,9(0 5% l-l-vear (serial) bonds were
water-works bonds.
awarded to A. Goodell & Sons Co. Loda, at 102-3J7. For deBangor (Pa.) School District. Bond Isiue. This district scription of bonds see Chronicle June 24, 1899, p. 1231
will issue on August 1, 1899, $9,100 5 20-year (optional) school
Crisfleid, Jld.—Bond Offering.— Proposals will be received
bonds. The Northampton National Bank of Easton, we are until 2:30 P. M. August 9, 1899, by the Commissioners, John
advised, has offered to take the bonds to bear '6}4% interest,
E. Sterling, Clerk, for $20,000 5^ 20-year improvement bonds.
and the bank will be awarded the securities unless a better Securities are in denomination of $500, dated September 1,
offer is made before the above date.
1^99. Interest will be payable January 1 and July 1, at the
Bata via, Ohio.— 5onds Fo^d.— At the election held July Bank of Crisfield. Bonds are exempt from all county and
22, 1899, it was voted to issue $18,000 electric-light and
town t-axes, and are issued under Chapter 265. Laws of 1898,
water-works bonds. The vote was 226 for to 47 against.
Crystal Falls, Mich.— Bonds Authorized.— The city has
Beaverhead County, Mont. Bond 0^enn(7.— Proposals authorized the issuaiice of $25,000 5% gold refunding waterwill be rtceived until 2 p.m. September 6, 1899, by E. H.
works bonds. Interest will be payable semi-annually and
Mayers, County Clerk, for $40,t0O 4% refunding bonds. the principal will mature July 1, 1929, subject to call after
Securitits are in denomination of $500, dated January 2,
July 1, 1914. Fred. H. Abbott, City Attorney, will shortly
Prin1900. Interest will be payable January 1 and July 1.
offer these bonds for sale.
cipal will mature January 2, 1919, subject to call after Jan
Crystal Falls (iMiih.) School District. -Sends Authoruary 2, 190i^. A certified check on some Montana banking ized.— The issuance of $12,000
5% gold school bonds has been
house, pajable to the County Treasurer, for 10^ of the authorized. Interest on these bonds will be payable semiamount ol bid, will be required.
annually, and the principal will mature July 1, 1909. The
Belvidere, 111.— Bond OXering. Proposals will be received
date of sale has not yet been determined upon, but we are
until 7:30 P. M. August 1, 1899, by B. F. Harnish, City Treasadvised that it will probably take place in about 80 days,
Bangor,
Bond Election.— An
election will be held
1899, to vote on the question of issuing $14,00u
JSlicli.
—
,
—
Securities are in deurer, for $9,000 Q% fire-station bonds.
nominatiou of $300, and mature $1,800 yearly on May 1 from
1900 to 1904, inclusive.
Blissfleld, Lenawee County,
Bond Offering.— Vioposals will be received until 1 p. m. August 3, 1899, by Fred.
H. Wilber, Village Clerk, for $10,000 4% electric light bonds.
Securities are issued pursuant to Section 4, Chapter 12, Acts
No. 3, of Pablic Acts of 1895. They are io denomination of
$500, dated August 1, 1899. Interest will be payable annually and the principal will mature $1,000 yearly,
Broukiugs, S. Dak.— ^ond <Sa/e.— The city has awarded to
Co., Chicago, $5,000 b% 10-20 jear (optional)
Mason, Lrwis
bonds at 1U2 10. The only other bid received was from the
First National Bank of Brookings.
B owusville. Teuu.— 5ond Offering.— )i'\^s for the $12,500
43/2% 3u-) ear tchool bonds mentioned in last week's Chronicle will be received until 4 p. M August 1, 1899, by John E
Carter, City Rtcorder.
certified c&eck for $250, payable
to the Town Treasurer, will be required.
bond Issue.— The Comptroller has been
Bufi'ulo, N. ¥.
autliuiizccl to issue a 3^ bond lor $750 to settle certain claims.
Bonds will be taken by the Park Bond Redemption Sinking
Fund aijd will mature July 1. 1900.
Mich—
&
A
Burlesuu County, Texas.— ^ouds Registered.— On July
19,
Comptroller registeied $3,000 bridge bonds.
Cauey, Montgomery County, Kan.— Bonas roied.— At the
eleciiou held July 20, 1899, this place voted to issue $10,000
1899, the State
5^ 20 )ear gas-plant bonds.
Carbuudale, Pa. Bond O^ering. —Proposals will be received until 7 P. M. July 31, 1899, by N. L. Moon, City Clerk,
tor $l:i, 500 5% surface water sewer anl automatic electric
fire-alarm bonds. Securities are in denomination of $500
dated July 1, 1899. Interest will be payable semi-annually
at the office of the City Treasurer.
Principal will mature
certi$500 yearly on July 1 from 190(i to 1924, inclusive.
fied che. k for $3u0 payable to the City Clerk, will be required
with eacn proposal.
Chillitoihe, Ohio.— 5o?id Sale —On July 7. 1893. $48,600 4%
bonds were awarded to the Ceatral National Bank of ChilliFollowiog are the bids
cothe at 103 »1
$18,940
Cent. Nat. Bank, Chillicottie.... $50,456 W. J. Haves & Sons. Cleve
s8,8«3
49,179 Brings. Todd & Co., Cincln
First Nat. Bank. CWllicotlie
years
Bonua mciiure 15
from date of issue, subject to call
on any annual mterest date.
CI <riiigt n, Monroe County, Ohio.— Rond Sale.-On July
3-j4->ear (-(erial) bonds were awarded
21, 1899. the $6,0i0
to The Lampiecht Bros. Co., Cleveland, at 112-333. Following aie lUe bids
A
:
i
I
H
:
Lamprecht Bros.
.$6,740 00
W. J. .yes & Sons, Cleve ... t ,952 00
K. Kleybolte * o . Cinciu ... 0,69B(jO
New 1st Nat. B'k Columbus... 6.6^0 00
UenisoM, Piior ACo.. Cleve... 6.606 tO
6,«0j Oo
John A. Heos, Wheeling
6,5»3 00
Feder, Hulzman & Co..
H
Co.. Cleve.
.
Cm
Fur description of bonds see
1
I
|
|
,
Whetzel Co.
Banlc,
New Mar$6,490 00
tinsville
First Nat. Bank. Barnesville.. 6,4Z4 Oo
6,42m Oo
Heeling
Geo. A. Stamm,
«.2t.l 00
E. J. Millar, Whet-linn
0,180 00
Chas. Muulimao, Hannibal.
W
.
.
1
Chronicle July
8, 1899, p. 93.
Cullman, Ala.— .Bond Sale.— On July 1, l!:99, $35,000 5%
water-works, electric-light and street-improvemeut bonds
were awarded to DukeM. Farson, Chicago, at par. Securities
are dated August 1, 1899. Principal matures 25 years from
date of issue, subject to call $1,000 yearly after five years.
Dallas County, Texas.- Bonds Approved —The AttorneyGeneral on July 22, 1899, approved an issue of $41,000 refunding court-house bonds.
Denver, Colo. Bona OffeHng, Proposals will be received
until 11 A.M. August 10, 1899. by the Board of Pablic Works,
Joel W. Shackleford, President, for $400,000 lO-15-year
Securities are in denomination
(optional) auditorium bonds.
of $1,000; interest will be payable semi-annually at the City
Treasurer's office or at the Mercantile Trust Co., New York
City, at the option of the holder. Proposals must indicate
the price which will be paid for bonds, bearing interest at a
rate not exceeding 4%. A certified or cashier's check for 2% of
the amount of each bid, on some approved national bank or
trust company of Denver, payable to the City Treasurer,
—
must accompany proposals.
Door County, Wis. Bond
—
This county sold on July
Sale.
to the State of Wisconsin $60,000 S}4% refunding
bonds. Securities mature $3,000 yearly on October 1, and
are not subject to call before maturity. Interest will be payable annually.
East Jordan, Mich.— Bond Sale— This village on July 10,
1899, sold $5,000 4% improvement bonds and $7,000 4% water
bonds to S. A. Kean, Chicago, at 100*25. Bids were also received from W. J. Hayes
Sons, Cleveland, T, B. Potter,
Chicago, and C. H. CoflSn, Chicago. Interest will be payable
semi-annually and the principal will mature $1,000 October
1, 19f 5, and $l,(iO'» yearly thereafter.
East Liverpool (Ohio) School District. Bond Sale.—Oa
July 24, 1899, the $'i5,00u 4% bonds were awarded to the German National Bank, Cincinnati, at 108'76. Bonds mature
$2,000 } early after Aug. 1, 1911. For further description see
12,
1899,
&
Chronicle July
143.
15, 1899, p.
East Rutherford, N. J. -Bond 0#€rt» gr.— Proposals will
be rt- ceived until 8 P. M. August 7, 1899, by the Mayor and
Council for $17,000 30 year fire department bonds. Bids
are asked for bonds bearing either 3, 3}^, 4 or 43^ per cent
interest, which will be payable semi-annually. A deposit
of $500 will be required with each proposal.
Erie County (P. 0. San«usky), Ohio.— Bond Sale —On
July 24, 1»99, $2U,U00 4% 1-10 year (serial) Children's Home
bonds were awarded to Denison, Prior & Co., Cleveland, at
103 5 5. Following are the bids
Denison, Prior & Co.. Cleve $20,703 00 S. Kuhn & Sons. Cinclniiati $20,604 00
:
1
|
German
Brfggt,
Nat. Bank. Cincin...
Todd &
Alias '^at. Bank, Cincinnati.
K. H. Rollins & >OD8, Boston.
Rodgers & Sons. Cha/, Falls.
K. K levboite
VV. J.
Fejer, Hulzman \ Co.. Cln...
Seasonjiood & .Mayer, cincin.
20,627 50 New ist Nat. B'k. Columbus..
Farson. Leach & Co.. Chic ..
ti27
40
20
20,627 00 Third Nat. Bank, Sandusky..
2<),«26 60 S. A. Kean, Chicago
20,617 00
2i',';02
•
Co.. Cit.cin... iO.H33 75
& Co
,
Cinci'^
.
.
Hayes & Sons, Cleve...
:0.b93 00
'20,565
00
20.j6T 60
20,653 00
20,240
<
20,1 '20 00
THE CHRONICLE.
24Hfc
Elmore, Minn.—Bonds Defeated.— Kt the election held
recently the question of issuiog $10,000 water-works bonds
was defeated by a vote of 30 for to 77 against.
Essex County, N. 3 —Bond Sale.— On July 21, 1899, the
$500,000 4% 39 year gold park bonds were awarded to VerFollowing are the bids
milye
Co., New York, at 116 -87.
116-118
116-87
Howard Sav. Inst., Newark
Vermilye& Co.. New York
114-65
116-699 J. D. Everitt&Cc.N. Y
Mason, Lewis* Co., Boston
&
:
I
I
Sav. Bank, Chicaeo ..116-548 iLamprecht Bros. Co..Cleve
Farson, Leach & Co. New Vork.11615
K. D. Shepard & Co.. N. Y
114*00
113-326
For description of bonds see Chronicle July
1899,
Tr.
III.
&
33,
p. 196.
Fayette County, Tenn.— iVb Loan Negotiated.— B. F. Mur-
County Trus'tee, writes us that the report published in
some of the papers that this county had borrowed $1.'),000 is
rell,
Mr. Murrell states that "Fayette County does not
has not issued any bonds; its warrants are
worth par and has money ahead to run the county six
months or more."
Fort Gaines, Clay County, Gsi.—Bond Offering.— Thia
in error.
owe one
cent;
sell at private sale the $20,000 5% gold 20 30-year
(optional) refunding bonds, mention of which was made in
the Chronicle July 1, 1899. Bids may be sent to the Chairman of the Finance Committee.
Franklin Drainage District, Parish of St. Mary, La.—
Bond Offering. Proposals will be received until 2 p. m,
August 25, 1899, by F. R. Cafifery, Secretary, for $25,000 5%
drainage bonds. Bonds are indenomination of §1,250 and will
certified check for 2% of bid will
mature one bond yearly.
like issue of bonds was offered for sale on
be required.
July 15, 1899, but we are not informed whether the above is
in addition to those previously offered or whether it is the
same issue again advertised for sale.
Fremont, Ohio.—-Bond Sale.-On July 24, 1899, $11,500 i%
street- improvement bonds were awarded to the Croghan
Bank of Fremont at 104-88. Following are the bids
Croehan Bank of Fremont... $12,062 00 R. Kleybolte & Co., Cincln... $11,837 00
11,875 70 Feder, Holzman & Co., Cin.. 11,817 40
Fremont Savings Bank
11,759 00
First Nat. Bank of Fremont. ll,8«l 47 W. J. Hayes & Sons, Cleve.
Denison, Priori Co., Clave... 11,863 50 Lamprecnt Bros. Co.. Cleve.. 11,738 45
place will
—
A
A
[Vol.
LXIX.
The bonded in1, 1919, subject to call after July 1, 1904.
debtedness of the village, including these issues, is $34,000.
The assessed valuation, $363,494. Population is estimated at
from
1,200 to 1,500,
Hartford, Wis.- Bond Sale.— On July 30, 1899, the $13,000
4^ 3 14 year (serial) water- works bonds were awarded to N.
W. Harris & Co., Chicago, at 103 683. For description of
bonds see Chronicle July 1, 1899, p. 42.
Helena, Mont.— Bond Offering.— 'Edward Horsky, City
Clerk, gives notice that at 12 m. August 30, 1899, the city
will sell at public auction $65,000 4% 20-year refunding bonds
known as " Series G."' Securities are dated July 1, 1899; interest will be payable January 1 and July 1 at Kountze
Bros., New York City. Bidders will be required to deposit,
at least one hour before the time set for the sale, an unconditional certified check for $2,500, payable to H. F. Tilton,
City Treasurer.
Holjoke, Mass. Temporary Loan.— This city has borrowed $50,000 for eight months from Blodget, Merritt
Co., Boston.
Houghton, Mich.— Bond Sale.— On July 14, 1899, the Village
Council sold to the National Bank of Houghton the $60,000 b%
15-30 year (optional) improvement bonds recently voted. Interest will be payable January 1 and July 1 at the National
Bank of Houghton.
Howard Lake (Minn.) Independent School District No.
79.—Bond Sale.— On July 20, 1&99, the $10,000 4% 7-15-year
(optional) bonds were awarded to J. C. Norton, St. Paul, at
101-125 and all expenses of issuing the bonds. Following
are the bids:
&
Minn.L'n
& Tr.
Trowbrldee. MacDonald & Niver
100-165
Co.. Chicago
100-16
Mason. Lewis & Co., Chicago
100-07
W. J. Hayes & Sons, Cleve
101-125
100-70
Norton, St. Paul
Stoddard, Nye & Co.. Minn
J. C.
Co., Mlnn'lis.. .100-56
For description of bonds see Chronicle July 15, 1899, p. 143.
Hudson, Iowa.—Bond O^erwigf.— Proposals will be received until 7 p. m. August 1, 1899, by A. T. Joder, Town
Treasurer, for $5,000 5% water-works bonds. Interest on these
bonds will be payable semi-annually and the principal
will mature in 10 years, $3,000 being payable after 5 years.
Securities are in denomination of $500, dated July 1, 1899.
Indianapolis, Ind.— Bond Offering. Proposals will be reInterest will be payable April 1 and October 1 at the office of
ceived
until 12 M. August 23, 1899, by E. M. Johnson, City
the City Treasurer. Principal will mature $500 each six
:
I
1
.
I
.
|
—
months, beginning October 1, 1900.
Oallatin County (P. 0. Bozeman), Mont.— Bond Offering.
Proposals will be received until 10 a. m. Sept. 11, 1899, by
E. V. Blankenship, County Clerk, for $137,000 4^4% funding
bonds. Securities are in denomination of $1,000 and will
bear interest from Jan. 1, 1900, payable January 1 and July
Principal will mature Oct.
1 at the City Treasurer's office.
A certified check or certificate of deposit (without
15, 1919.
—
conditions) for $2,000
Glen Eidge (N.
must accompany
J.)
proposals.
School District.— Bond Offering.—
Proposals will ,be received until 8 p. m. August 22, 1899, by
the Board of Education, for $80,000 4% bonds. Securities are
issued under authority of Section 3, Chapter 150, Laws of
1896. They are in denominations of $1,000, dated September
Interest will be payable March 1 and September 1,
1, 1899.
at the Bank of Mottclair. Principal will mature 2,000 yearly
on September 1 from 1914 to 1928, inclusive, and $50,000 on
September 1, 1929. A certified check for 5% of the par value
of bonds, payable to William Ford Upson, District Clerk,
notice of this bond offering will be found among
the advertisements elsewhere in this Department.
Glenville, Ohio.—Bond Sale.— On July 12, 1899, the $9,000
Co., CleveQ% sewer bonds were awarded to Denison, Prior
land, at 104 022. Following are the bids
official
&
:
Denison, Prior
W.
J.
&
Co.,
Cleve
Hayes & Sons, Cleve
104022
I
102-77
|
Bonds mature $500 each
R. Kleybolte
six
&
Co.. Cincinnati..l0r07
months, beginning April
1900.
1,
—
Grafton, Mass. Bond Offering. Proposals will be received until 7 P. M. July 31. 1899, by Arthur A. Simmons,
Town Treasurer, tor §45,000 'd}^% school-improvement bonds.
Securities are issued under authority of Chapter 250, Acts of
They are in denomination of $500, dated July 1, 1899.
1899.
Interest will be payable semi-annually at the National Bank
of Redemption, Boston. Principal will maturo yearly on
July 1 as tollows: $500 from 1900 to 1919, inclusive; $1,500
from 1920 to
inclusive.
1929, inclusive,
and $2,000 from 1930
to 1939,
Green Township (P. 0. Orrville, Ohio) School District.Bond Sale.—(Jn July 22, 1899, $2,800 Q% bonds were awarded
to the Orrville Banking Co., as follows: $1,400 maturing
March 1, 19U0, at l'il-321, and $1,400 maturing September 1.
Other bidders were J. W. Buchanan,
1900, at 102-60.
Smithevilie, M. Messner, Mt. Eaton, The Lamprecht Bros.
Sons, Cleveland, and RuCo., Cleveland, W. J. Hayes
Co., Cincinnati. Securities are in dedolph Kleybolte
nomination of $700. Interest will be payable semiannually.
Hardwjck, Tt.— Bond Offering. Proposals will be received
until August 15, 1899, by the board of trustees, J. H.
McLoud, President, for $11,600 4% refunding water-works
bonds and $6,000 4% electric- light bonds. Securities are in
denomination of $500, dated July 1, 1899. Interest will be
payable January 1 and July 1, at the Hardwick Savings
Bank
Trust Co., Hardwick. Principal will mature July
&
&
—
&
&
A
The
official
notice of this
bond offering will
be
found among
the advertisements elsewhere in this Department.
—
Ionia, Mich. Bond Offering. Proposals will be received
until 6 p. M. August 3, 1899, by Willis L. Feck, City Clerk,
for $30,000 3^ refunding water-works bonds. Securities are
in denomination of $500, dated August 3, 1899. Interest will
be payable January 5 and July 5. Principal will mature
August 3, 1919, subject to call after August 3, 1909. The
total dtbt of the city, including this issue, is $42,000.
The
equalized valuation is $3,000,000, about one-half actual
value. The population is about 5,100.
—
will be required.
The
Comptroller, for $150,000 S}4% bridge bonds. Securities are
in denomination of $1,000, dated September 1, 1899. Interest will be payable Jan. 1 and July 1 at the banking house of
Winslow, Lanier
Co., N. Y. City. Principal will mature
$15,000 yearlj' on January 1 from 1905 to 1914 inclusive.
certified check upon some responsible bank of Indianapolis,
payable to William H. Schmidt, City Treasurer, for 2}4% of
the par value of bonds will be required.
Jackson County, 111. Bond Election. An election will
be held August 1, 1^99, to vote on the question of issuing
$;:0,000 funding bonds.
Knox County, Tenn.— Dafe of Bond Election. —The election to vote on the question of issuing $100,000 bonds in aid
of the Knoxville & Bristol RR. will be held Aug. 10, 1S99.
Lac qui Parle County (P. 0. Madison), Minn.— Bond
Offering. Proposals will be received until 5 p.m. August 8,
1899, by John B. Oadson, County Auditor, for $30,0U0 S^%
court-house bonds. Securities are issued under authority of
Chapter 299, Laws of 1895. Interest will be payable February 8 and August 8 at the office of the County Treasurer.
—
Principal will mature $15,000
yearly thereafter.
Lewiston, Me.
August
8,
1904,
and $3,C00
—
Temporary Loan. This city has negotiated
Bond & Goodwin, Boston, at 2*85^.
a loan of $50,000 with
Loan matures October
30, 1899.
Election Held.— We are advised that
the election which was to have been held on June 14, 1899, to
vote on the question of issuing $30,000 water-works, sewerage
and electric-light plant bonds, was indefinitely postponed,
and that no action has been taken in the matter since that
time.
McMnllen County, Tex. Bonds Approved. The Attorney-General has approved an issue of $3,500 bridge bonds of
this county.
Louisburg, N. C.
No
—
Mariauaa, Jackson County, Fia.— Bond Sale.— On July 1,
water-works extension bonds
were awarded to W. J. Daniel & Co., Marianna, at 108. Following are the bids
1899, the $10,000 6^ 20 year
W.
J.
Daniel
Stafford
&
A
Co,,
Co., Marianna.
Chattanooga
.
.
.108-00
107-31
I
Duke M.
Farson, Chicago
105-75
|
Marine City, Mich.— Bond O^eringr.— Proposals will be received until 7:30 P. M. August 1, 1899, by A. F. Stern, City
Clerk, for $2,0U0 4% 30 year street-improvement bonds. Securities are dated August 1, 1899, and interest will be payable semi annually at the office of the City Treasurer.
:
July
"
:
.
Marsh ,111.
«ich.-Sond Saie.-Following
Z%%
•
Harris
&
list
until 8
fSed
Trpaaurer
Garret
7,. 1899. by
will be in denomination ot $1,000,
payable February 1 and
StJre^t'3 be at tie rate of 4^August
mature
1, Iy09.
will
Principal
August 1.
^ ...^
at 43.^^
TemDomrv Loan -The city has borrowed $10,000
presmeet
to
from the First National Bank of South Amboy
:
U5 00
25,lol Oj'
has. V. Coffin Cbicago
26.1-9^00
Chicago.
Co.,
&
•arson, l^each
oasongood & Mayer. Cin ... 26.0.5 00
lajmondF. Bahy, Detroit.. 26,Ool 00
W.
;
M. Valentine, Cashier.
the Middlesex County Bank by Geo.
bonds will be
arrearage
Proposals for the above $40,000 tax
Brodhead
of
20-year
a fall
is
the $25,000
dds received June 24, 1899, for
ewer bonds
Co., Chicago. $25.
Pit-D-
|25,026 00
Duke M. Farson, Chicago
00
Denisou, Prior & Co-.^Oleve.. -20,000
W J. Hayes & Som. Cleve 25.noo 00
.
.
.
B'k, Marshall. .24,356 0^
00
Fir^t Nat. Bk, Battle Creek. .t25,250 00
First Nat. Bank, Marsnall.. ..t25,m
ComVial Sav.
Less S276 for attorney fees and blank bonds,
t
Bids informal and hence
Cincinnati, bid $25,595 50 for 4
were the highest bidper cents, hence the report that they
"Rudolph Kleybolte & Co..
"^^Mercer,
247
THE CHRONICLE.
1899.]
29,
at
Board has
sold
of Vincennes
the |30,000
1899,
20,
School bonds to the First National
Bank
be re-
will
Mayor, for
bonds.
000 5* 10-20-year (optional) water-works
S;3
Cochran, Mercer,
'8oM at auction $5,0U0 i% bonds to W. H.
and mature in 20
tax
State
of
free
are
Securities
102 50.
notice. Dedays'
30
upon
time
years, subject to call at any
'^MS.fTdLXt-BfZsale.-The Town
August
^"piersoD. lowa.-Bond 0/?erinflf.-Propogals
reiveduStil August 1, 1899, by J. C. Pearson
1,1899, this borough
Va.-Bond Sale.-On July
P. M.
They
voted to
Plymouth; Ma98.-^Bonds Vofed.-This town has
of
improvement
the
for
bonds
(serial)
issue $30,000 1-20-year
KSoU(Village), St. Louis County, M inn. -BorKi
will be re -eived until August 15, 1899,
—Proposals
Oiferma
for $8 500 6^ bonds.
bfED" McDonald, Village Recorder,
dated Atigust lo,
of
$500,
denomination
Secuiities are in
'''pr'Lftor
Principal
be payable semi-annually.
check for
certified
or
bond
1909.
Monroe,
August 15.
bonds were awarded to will" mature
5i 10-30 year water and electric-light
ftTiO will be reauired with each proposal.
Sale.-Oa July 26, 18^9, $35^725
Seasongood & Mayer, Cincinnati, at 1(j8-«6.
meeting oip ^"Ouhicy, Mall-Bond
3>|J
Ac
were awarded to Jose, Parker
M^unt Vernon; N. Y.-Bond Offering.- At aissuance
bonds
of street-improvement
the
1899
24,
July
held
bids
Council
the
are
the Common
at 11 3 479. Following
redemption bonds was author- Co., Boston,
102-813
.S40.000 assessment and $4,000
rir,
1(13-479 Parkinson & Burr, Boston
n
..,„_
Ttnatnn
tor
fixed
The date of sale of these bonds has been
ized.
$1%0
N.
V.-Bond Sale.-Oa July
Interest will
1&99
A
4..
:
jfc
August
15, 1899.
.„
,
Nemaha Couuty, Neh.-Bond 0#mnp. -Proposals
Bastian
.„
.
will be
Chairreceived until 3 P. M. July 31. 1899, by Louis
court
for
1.40,000
43^^
Commissioners,
man Board of County
of $500, aatea
denomination
in
are
Securities
house bonds.
Interest will be payable annually at tne
July 1, 1899.
main New York City. P/mcipal will
agency
State's fiscal
50O
1902
$10
in
ture yearly on July 1, $8,500 in 1901, $9,500
the
of
for
2^
check
certified
1904.
in 1903 and $11,500 in
will
amount of oonds bid for, payable to Nemaha County,
Bonds mature yearly on August 1 as follows
from 1903 to
1900. $1,000 in 1901 and 1903 and $1,500
re"New'BHtaiii, Conr.-Bids.-Followins: are the bids
(opyear
3015
^^^
ceived on July 20, 1899, for the $50,000 3
tional) school bones
103-07
1^3-699 N. W.Harris & Co., New York..
DenisoD. Prior & Co.. Cleve
Mdinff
,
&
bidders were
:
As
l03-4o
Boston
j
I
stated last week, Denieon, Prior
&
.
.u
Co. received the
Ohio— Bond SaZe.—The highest bid received
pike sewer
July 25, 1899, lor the $5,754 44 Q% 1-10 year
at
Cincinnati,
Co.,
&
Holzman
Feder,
bonds was that of
112'lt»5. Following are the bids
^"Norwood,
:
Premium.
Premium
Bank. Cincinnati.
iOJl 00
Holzman & Co., Cin cin. .$7' 00 Atlas Nat.
o3d oo
Co., Cincin.
odd
&
Brings,
53
t)90
Cincinnati.
Bank.
Nat.
German
1899,
July
p. 43^
1,
For description ot bonds see Chronicle
Oconomowoc. Wis.-Bond Sa/e.-On July 17, 1899. $35 000
.
Feder,
.
'i
&
beach
A% electric ligbt bonds were awarded to Farson,
bids
the
are
Following
Co., Chicago, at 104-646.
Co.. Minn... *36.102 50
Farson, Leach &Co.,Chicago.f36,(V26 00 Stoddard. Nye &Co.,
Cincin.
^5.9^9 uu
Harris A Co., Chitaao. SC 5' 2 oO R. Klevbolte &
N
85.27 00
D^ni^.n PrfoV & Co. Cleve. 3e,490 00 W. J. Hayes & Sons, Cleve..
Lamprecht Bros. Co., Cleve.. b6,172 50
Bonds mature $1,<'00 February 1, 1900, and $2,000 yearly
on Februarv 1 from 1901 to 1917. inclusive.
Paruell(Iowa) Indepemieut School District.— Bond Sale.
July 15, lb9i*, the $3,385 6% 5-lOyear (optional) bonds
to the First National Bank ot Barnesville at
:
I
W
.
.
.
,
,
I
—On
were awarded
10520. Following are the bids
First Nat. Bank, Barnesville. 13.561 00
Benison Prior & Co., Cleve... 3,647 Ou
C S.Kidder 4 Co. 'hicago.... 3:64050
Geo M. Bechtel. Davenport.. 3,5^3 uO
3,519 40
W. J. Hayes & Sons. Cleve
1
^ukeM.
JohnNuveenTcolSago....:Par
I
Co..
1924, in-
(Cal.) School Di8trict.-.Bonds Defeated.-On
school house
July 15, 1899, the proposition to issue $20,000
defeated.
bonds was
,
^
^ t i k icno *Qnnrt
$3,000
Redfleld. S. Dak.-Bond Sale.— On July 5, 1899.
SchroeTheodore
to
each
§1,000
awarded
10- year bonds were
Miller and H. P. Packard, Agent, a 1 local
der, Nottinger
the following
bidders, who offered to take the bonds at
and 5%. Other
namely,
5%
respectively,
m%,
interest,
rates of
""^
A
Mason, Lewis &
$7-45 in
:
:
R. U. Montapue. Kansas City.$%510 on
S. A. Kean, Chicaao
^'f "•,' n,.
00
3,5ol
Chas H. Coffin, Chicago
3.500 00
Kane & Co., Minneapolis
Kan_e
•
&
Bids
Co.,
'Par
Minneapolis
named
j
f^
nOVlO
Farson, Chicago
AjKea^.
Ch^ago^^.^^.^.^.^
•
.
.
•
i^^^
certain conditions.
will be
Securities are in denomination of $500. Interest
Chicago.
Bank.
National
payable at the First
Rockport(«'hio) Separate School District.— Bond SaZe.—
On July 25, 1899, the $20,000 4% 1-20-year school bonds were
awarded to The Lamprecht Bros.
Following are the bids
Co., Cleveland, at 105-lo.
:
R. Kleybolte & Co., Cincinnati. 103-47
Lamprecht Bros. Co.. qeve
.YJ>'1%,
« Sons, Chagrin Falls. i03-335
Feder, Holzman 4 Co., Cincin... 104 S75 Rodgers
W. J. Hayes A Sons. Cleveland. 102-;t<5
^1
Denison, Prior & Co., Cleve
J''f
E. H. Rollins & Sons. Boston... 102-137
Seasongood & Slayer, Cincin.... 104 r8
.
.
Bnggs, Todd
&
.
.
.
N.
-
Co., Cincinnati. 104 41
For description of bonds see
W. Harris &
Chicago
Co.,
Chronicle July
.
.
lOO-OO
15, 1899, p. 145.
Salem, Ore.-Bond 5a/e.— On July 20, 1899. the citizens ot
bonds to be issiied
this city subscribed to $65,000 4^ funding
October 1, 1899. The subscription was on the popular plan
and all were at par. They ranged in amount from $50 to the
i
„
, ^^
ti
Sanger (Tex.) School District.-Bond Ofmnsr.— Proposals
school
will be received until August 1, 1899. for $3,875 6^
entire issue of $65.( 00.
bonds.
•
Stcurities are in denomination of $500, excepting
Prmcipal
one, which will be for $375, all dated July 1, 1899.
will mature July 1, 1919.
,
^
« ^ c
Shawnee County (P. 0. Topeka), Kan.-Bond Sa/e.—
b und at
School
Permanent
This county has sold to the State
.
j
par $50,000 4« 10-year refunding bonds.
„ _, ^^
Shelbvville Towusliip, Shelby Co., Ill.-Bond Offering
For description of bonds see Chronicle June 17, 1899, p. Proposals will be received unlil 9am September •^, 1899, by
bonds.
Wm. L. Johns, Town Clerfc, for $25,000 4% 20-year will
be
1899,
Intere.-t
July
-On
21,
Sa'e.
3.—
Bond
$1,250.
of
Passaic County, N.
Securities are in denomination
$100 000 4% court-nouse bonds were awarded to the Paterson payable annually. A certified check for $500 will be required.
5% bridge bocds to Bonds will be dated April 15, 1900.
Savings Institution at 106-91 and $12,0'
^r . ^
a<.*u
Following
107-30.
at
Savings
for
Institution
Provident
the
hikestonfMo.) School District.-5o?ids Foied.- At the
auwere
bonds
school
bids were received
election held July 20, 1899, $12,000
—
.
I
—
,
$100,000
Court- House
Bonds,
Paterson Savings Institution
ProvidBUt Institution for Savings, Jersey City
G. F. McCari er
Lamprecht Bros. Co.. Cleveland
W. Harris At Co.. New York
A VI «..
New Voik
oi-vii o, i.-^^"
Tiruu (v
& Storrs,
Bertron
N.
.
.
$i2,f0f;
Bridije
Borul-f.
,
,
mi_
•
South Braintree, Mass.— Aoies AutJionzed.— The issuance
.
106-91
Hj7-^7
107-30
116-42
105-8H5
105-17
ivO J-U
106-27
3 06-27
for the extension ot
of $-23,01
3V^^ 1-10 year (serial notes)
are adthe electric-lighting plant has been authorized.
is
money
the
until
issued
vised that the notes will not be
11J5-876
needed.
Principal of the court-house bonds matures one half Feb
The bridge bonds mature
1, 1910, and one-half Feb. 1, 1911.
February 1, 1904. All bonds are in denomination of .^^1,000,
dated August 1, 1899, Interest will be payable February 1
and August 1 at the First National Bank of Paterson.
Paulding County, Ohio.— Bor.d O^ennsr.— Proposals will
be received until 12 m August 4, 1899, bv Floyd Atwill,
County Auditor, for ^26.600 5^ Cecil Pike bonds. Securities
are in denomination of $3,800, dated August 1, 189y. Intermature
est will be payable semi-anriually. Principal will
one bond yearly on August 1 from 1900 to 1906, inclusive.
Bonds are issued under authority of Section 4246, Revised
Statutes of Ohio. All bids must be unconditional atd bidders must satisfy themselves as to the legality of the bonds
before bidding. Purchaser will be required to furnish blank
certified check for $300 on some local bank in
bonds.
will
be required.
Paulding
Perth Amboy, ^. J.- OJering.— On July 25, 18'. 9, the
City Council authorized the issuance of S40,000 bonds to
meet necessities of the city resulting from the wrecking ot
A
thorized.
We
South Haven Township (P. 0. Hunnewell), Sumner
Township. Kan.— i^ond Sale.—£his township has sold to
Spitzer & Co., Toledo, $16 000 5% 116 year (serial) refunding
bonds. Securities are in denomination of $1,000, and mature
^^Sp^ingfleld, Ohio.-PoMd Sale.-On July 18. 1899, the
bpnng$10 uOO 5% 21-22-year park bonds were awarded to the
full deFor
3725.
125
at
bpringheld
deld Savings Bank ot
Chronicle July 1, 1899, p. 45.
Siewartville (Minn.) Independent School District.—
Bond Sale.-On July 17, 1899, ihe $15,000 4% 103^-year (avBank at
erage) binds were awarded to the Winona Deposit
July 15,
102-01. For description of bonds see Chronicle
scription of bonds see
July 18, 1899, the $8 000
awarded to
&% 5-20-year (optional) improvement bonds were
019
102
at
Chicago,
Fulton
&
Co.,
F.R.
^, ^
^Tuium\t?MiS8.-Bond
Sale
-On
,
Election Proposed.-The Common
an election in September to vote
hold
to
Council has decided
on the question of issuing sewer bonds.
Summit, N.
J.
-Bond
THE CHRONICLE.
248
Syracuse, N. Y.—Bond O^ertno.— Proposals will be received until 3 P. M. August 2, 1899, by E. F. Allen, City
Treasurer, for $500,000 4% refunding Syracuse & Northern
Che
Railroad bonds and 15(0,000 4^ refunding Syracuse
nango Valley Railroad bonds. Securities are isstied to refund a like amount of bonds maturing Jan. 1, 1900. They
will be in denominations of §10,000, dated Jan. 1, 1900. Prin
Bidders will be required to
cipal will mature Dec. 31, 1930.
make bids upon blanks furnished bv the City Treasurer. A
certified check for 10% of the par value of bonds bid for,
drawn in favor of the City Treasurer, or cash to that amount,
will be required with bids. The legality of these bonds has
been approved by Dalafield, Gould & Longfellow, Attorneys, New York City, and they will he certified as to
genuineness by the United States Mortgage & Trust Company, Ne<v York City. See injunction proceedings in another column.
&
Terre Haute, InA— Bond Sale.—Oa July 20, 1899. $40,000
W. Harris &
4% current-expanse bonds were awarded to
Co., Chicago, at 111 41. Following are the bids
N
:
N.
W. Harris & Co.. Chloago.
.
& Co.. Cnicago.
BrinKs, Todd » Co., Cmcln...
K. JQeyboUe & Co Clnciu...
Mason, Lewis
,
Seasongood & Mayer, Cincin. $43,809
Campbell, Wild & Co..lnd'lis. 43,7:2
43,464
Me»er a Kiser. Ind'apolis
43,400
t'eder, Holzman & Co.. cm.
New 1st Nat. B'k, Columbus. 43,z 7
t41.564 00
44.400 00
44,2
44,!i'
55i
uO
Limpreclit Bro8. Co., Cleve.. 44,i8)00
B. G.
i
5
)
Hudnut
LXIX.
Wakefield, Neb. Bond Offering.— Propou&^a will be received until 2 P. M. August 1, 1899, by J. H. Brown, Village
Attorney, for $7,000 4% 10-20-year (optional) reiunding waterworks bonds. Securities are in denomination of $500, dated
August 1, 1899. Interest will be payable annually at the
State's fiscal Agency in New York City.
The above represents the only debt of the village. The assessed valuation is
The population in 1890
$72,010. about 20$? of actual value.
was
924, and is about 1,050 at present.
Walker, Minn.— Bond Q^eWngr.— This village will sell at 8
P.M. August 14, 1899, $6.ou0 &% 10-year water- works bonds.
N. Bertrand, Jr., is the Village Recorder.
Waltz Township, Wabash County, Ind. No Bonds tobe
Issued.— We are advised that no bonds will be issued by this
township, even if the election to be held August 29, 1899, re-
sults in favor of appropriating $10,000 in aid of a new electric
railway. Toe money will bs paid to the railway company
when collected by tax levy.
Warren County (P. 0. Yicksburg), Miss.— Bond Sale.—
On July 3, 1899, the $5,520 Q% 5-20 year (optional) bridge
bonds were awarded to Shelton
Brunini, Vick^^burg, at
105, this being the highest unconditional bid.
Following
are the bids received
&
:
50
452,879 00
41.200 00
Marshall G. Lee
Haves & Sons,
Cleve... «4,(i93 0i'
Denison, Prior & Co., Cleve.. 44,080
Farson. Leach & Co., Chicago 43,102 50
VV. J.
75
00
[Vol.
Premium.
Shelton & Brunini, Vicksburg.. $276 fo
N.
Harris & Co., Chicaeo.... 320 00
Uenlson, Prior* Co.. Cleve
280 00
W
W.
I
I
J.
Hayes & Sons. Cleve
Premium.
Bank, Vicksburg
Hasle. Fort Worth
First Nat,
M.
S.
$273 00
220 CO
17175
I
Securities are in denomination of $1,000, dated
Principal will mature August 1, 1919.
August
1,
1899.
Texas — County Bond Sales.-Oa July 24, 1899. the State
Board of Education purcbased the following bond3 at par
Fort Bend County, $20,C00; Nueces County, $23,000, and
For description of bonds see Chronicle July 1, Ib^Q, p. 46.
AVarren. Ohio.— Bond Sale.— On July 20 1899, $27,000 4%
street-improvement bonds were awarded to Tbe Lamprecht Bros. Co., Cleveland, at 103'044. Following are the
:
Wharton County, $23 OOO, all bearing 4% interest.
Tiffin, Oh\o.— Bond Offering— P ro-pos&ls will
be received
until 12 M. August 18, lb99, by J. B. Ehrenfried, City Clerk,
Securities are issued pursufor $^0,000 4% re'undirg bonds.
ant with Sirction 2701 Revised Statutes of Ohio. They are in
denomination ot $1,000, dated August 31, 1899. Interest will
be payable semi-annually at the office of the City Treasurer.
certified check
Principal will mature September 1, 1919.
for 5<^ of the amount of bonds bid for, payable to the City
Clerk, will be required.
Topfka, Kan.— Con tction in Auard.— In the Curonicle
July 15, lfc99, we stated that the $150,0(0 improvement bords
had been awarded to E. D. Shepard & Co., New York, at
1041^ for 5 per cents, whereas the bonds were awarded at
100*10 for 4% per cents, the 4%% received in our report of
the sale being the rate of interest and not the premium
A
offered.
Troy, N. Y.— .Bond O^eriTjgr.— Proposals will be received
until 12 M. August 2, 1899, by James W. Coffey City CompSecuiilies are
troller, for $25,000 S^% market-house bonds.
issued under authority of Chapter 333, Liws of lb99. They
are in denomination of $1,000, dated August 15, 1899. Interest will be payable semi-annually at the office of the
Principal will mature yearly on AuCity Chamberlain.
gust 15, §3,000 from 1901 to 1911, inclusive, and $3,000 in
1912.
Pa—
Bond Sale.—Oa July 20, 1899, this
local parties Si, 100 4% bonds at the following
prices: Two bonds at 102 «5, one bond at 104 76 and one
bond at 105 71. S'curities are in denomination of $525,
dated August 1, 1899. Interest will be payable February 1
and Au>:ust 1. Principal will mature one bond yearly on
AuRUst 1, 1909 to 1912, inclusive.
Uinta County (P. 0. Evanston), Wyo.— Bond Sale.—Oa
July 1, 1899, $90,0ii0 4^% refunding bonds were awarded to
Sons, Denver, at 101-111. For description of
E. H. Rollins
bonds see Chronicle June 10, 1899. p. 1147.
Uniontown, Pa. Bond Sale. Tdis borough has sold at
par to the National Bank of Fayette County and the First
National Bank, both of Uniontown, $68,000 B% 20-year refunding bonds. These bonds are issued to refund a like
amount of 4% bonds now subject to call. Bonds are free
from tax.
Uniopolis (Ohio) Special School Disl riot.— Bond Offering.
Proposals will br received until 12 M. August 5, 1899,
by N. T. Lusk, Clerk, for $600 6^ bonds. Securities are in
denomination of $ 00; interest will be payable semi annually.
Principal will mature one bond each six months from
Sept. 1, 1900, to March 1, i903, inclusive.
Utica (Mont.) School District.—Bond SoZe.— The district
ha8 sold the $5,000 Q% 10-year bonds mentioned in the
Chronicle April <9to W. E. Bell, Spokane, at 102'90.
Bond Offeri g. This city will sell at public
iitica, M. ¥.
auction at 12 m Augu.-t 7, 1899, $24,370 47 4% 1 6-year bjnds
issued for the following street improvements
Dated June 21, ^>99-DatedJunc 30, 1899—
$8i2 4i Union Street honds.
$5,53^ Zi Hicks Street bonds.
S?,v2-< 18 Bleecker Street bonds.
Uated June 9, 18tt«—
3,628 67 Albauy ritreeL bonds,
$5,357 01 Bleecker Street bonds.
2,405 o« Eagle Street bouds.
2,988 83 Court Street bonds.
1,419 86 Broad Stieet bonds.
certified check for 10^ of amount of purchase will be required on date of sale.
Valley Springs (S. Dak.) School District.— Bond SaZe.—
On July 2u, l»i)9, the $1,400 10-year (optional) refunding
bonds were awarded to W. B. Keeney <te Son at par for 5*80%
bonds. Following bids were received, all at par
Chas. S. Kidder, for 65t O-yr. optionals. Jos. Horbey, for 7% 0-year straight.
Tunkhannock,
borough sold to
&
—
—
—
:
A
:
C. H. Harrison, for 0% 10-yr. straight.
L. S. Hetland, for 6% 10-year straight.
Chas H. Coffin bid 101-07 for Q% 10-year (gtraisht) bonds.
For full description of bonds see Chronicle Julv 15, 1899,
p. 146.
bids
:
Lamprecht Bros.
Co., Cleve.. $27,822
Nat. Bank. Cincin.. .»27,818
l>euison, i'rior & Co., Lleve. 2',752
Ferter, Holzinan & Co.. Cin.. .•27,712
Atlas Nat. Bank, Cincinnati.. 27,704
a Kleybolte&Co.. Cincin'ti. 27,690
German
00
Brlggs,
10
S.
0'
80
95
00
Todd &
Co., Cincin. ..$27,681 75
Sons, Cin. Inn^tl..»i7,675 00
Seasoneood & Mayer, Cincin. 27,t*15 00
Muncie SaviUKS Bank
...
27,500 00
W. J. Hayes & Sons, Cleve... 27,410 00
Spitzer & Co., Toledo
27,287 00
Kuhn &
Securities are issued under authority of S-cti n 2705, Revised Statutes of Ohio. They are in denomination of $5C0,
dated July 1, 1899. Interest will be piyable January 1 and
July 1 at the City Treasurer's office. Principal will mature
$3,6iW yearly on Julj' 1 from 1900 to 1905, inclusive, and from
I'Ji 8 to i9in, inclusive.
Wasfiiiigtou. Bond Issue. Tbe Portland "Oregonian"
on July 2U. i899, stated that $175,000 bonds have been issued
by the State in favor of the Permanent School Fund These
bonds bear 3}^% interest and mature in 20 years or less at the
State's option, and are issued to take up outstanding warrants.
See Chronicle June 17, 1899.
—
Waterbury, Conn. Bond 0^erin.a.— Proposals will be received until 8 p. M. September 11, 1899, by Richard F. Grady,
City Clerk, for $100,000 S}{% funding bonds. Securities are in
denomination of $1,000, dated July 1,1899. Interest will be
payable January 1 and July 1. Principal will mature $10,000
yearly on July 1 from 1905 to 1914 inclusive.
The
offlcial notice
of this bond offering will be found
among
Department.
the advertisements elsewhere in this
Watertown, Mass.— Bond Sale.—Oa July 27, 1899, the
3^% notes were awarded to Parkinson & Burr, Bos-
$21,800
ton, at
II
Parkinson
Following are the bids
3 07.
&
Burr, Boston
:
Blodget, Merritt & Co., Boston.. 102-061
Rogers. Newman 4 T<.lman,Bos.lOl-776
102-4-'3 Blake Bros a Co.. Hoston
..101-61
103-07
.102-79
Josp, Parker* Co., Boston.
N. W. Harris & Co., Boston
R. H. hollins ASons, Boston.... If 2-:<96
102-209
R. L. Day Jt Co., Boston
S. A.
S. T.
Kean, Chicago
Sharp
lOl'oO
10100
Notes mature August 1, 1909.
Weatherford (Tex.) School District. Bonds Eegistered.
The State Comptroller registered $5,0(j0 school building
bonds on July 18, 1899.
West Orange (N. J.) School District.— B nd Sale— On
July 2=>, 18^9, the $15,100 4% nonds were a<varded to the HalfDime Sivings Bank, Orange, at 105 676. Bonds mature
$5,000 on February 1, in the years 1910. I9il and 1912. For
full description of bonds see Chronicle last week, p.
—
200.
—
West Salem, Ohio— Bond Offering. Proposals will be received until 12 M Aug. 18, 18a9, by John S. Morr, Clerk, for
$4,000 5% bonds. Securities are in denomination of $500 and
the interest will be payable annually.
Wharton County, Texas. Bonds Regi.-i'e>-ed. Tbe State
Comptroller on July 21, 1899, registered $12,500 refunding
bridge Donds.
Wi'-hita County, Texas.— Bonds Approved.— On July 22,
1899, the Attorney- General approved of an issue of $20,000
refunding Court-house bonds.
Willi inantic. Conn. -Bond r^ertngr. - Proposals will be
received until 7 p. m. September 21. 1899, by Oscar O. TanSecurities
ner, Mayor, for $75,000 4% 25-year water bonds.
cerare in denomination of $1,000, dated Octoher i, 1899.
tified check for $500, payable to the Mayor, will be required.
Windham County (P.
Danielson). Conn.— Loin O^ering.— Proposals will be received until 4 p. m. August 4, 1899,
by Chas. P. Bacbus, County Treasurer, for a temporary loan
of $20,000. Notf^s will be issued dated Augns^ 10, 1899, and
maturing Nov. 10, 1899. Bidders are requested to name rate
of interest at which they will discount tbe notes.
Wisconsin. Temporary Loan. The State Land Com miflsioners have decided to loan $10,000 to th»^ Historical Library
Commissioners for the purpose of meeting payments due on
the contract for the historical building.
—
A
—
—
.
;
July
THE CHROJVICLE.
29, 1899.]
—
STATE AND CITY DEBT CHANGnb.
This oity
Alameda, Cal.— Ben. F. Lamborn, Clerk.
Alameda County.
When Due.
LOANS—
City Hald—
March, $15,000... 1899 to 1910
($1,250 due yearly.)
58
$46,250
is
in
8cHOOi^-(Con.) —
$37,925
5s,
,
Sbwer-
58,
February
F&A, $39,000
58,
1
($6,000 due Feb.l of each odd year)
Interest is payable in Alameda.
Electric Light Plant—
March, $15,000... 1899 to 1910 Bond'd debt July 1. '98. $215,175
Total valuation 1898. ..12,390,537
($1,250 due yearly.)
Assessment about 23 actual value.
Fire Department—
5s, March, $21,000... 1899 to 1910 State & Co. tax (per$l,000).$15-30
City tax (per $1,000) '98.... 11-12
($1,750 due yearly.)
11,165
Population in 1890 was
School—
5s, March, $30,000. ..1899 to 1910 Population 1893 (local est.) 16,278
($2,500 due yearly.)
TAX FREE.— Bonds of this city are exempt from taxation
5s,
Bellefontaine. Ohio.— M. J
lage is in Logan County.
Nichols, Clerk.
ChiCi'pee, Mass. Denis Murphy, Mayor; John D. White,
Treasurer. This city is in Hampden County and was incorporated in 1890.
When Due.
When Due.
LOANS—
loans3^8, J&D. $10,000... Aug. 9, 1902
Bridge Loan—
.June 1, 1904 312S, JiD, 51,500. ..June 1, 1902
4s, J&D, .$53,000.
312S, J&D,
3,000. ..Dec. 1,1899
Electric Light Bonds—
1899-1922
($1,000 yearly) to Dec. 1, 1901
48, J&D, $72,000
School Bonds—
6,000. ..July 15, 1906
4b,
City Notes—
Fire- Alarm
System—
,
1899-1919
$57,000
Total tax (per $1,000) '98.. $31-00
Population in 1890 was
4,245
7,0u0
Population in 1899 (est.)
on the railroad bonds is payable at New York; on the
water-works bonds at Bellefontaine.
Bloomfleld, Coi.n.— A. R. Wells, Clerk. This town is
INTEREST
ituated
in Hartford
loans-
County.
When Due.
Net debt Apr.
1.
1899
Tax valuation, real
Railroad Bonds—
Feb.. 1900 Tax valuation, personal.
4s, F&A. $32,000
Bonded debt April 1, 1899*32,000 Total valuation 1899
. .
$55,833
655,642
119,663
775,305
Assessment from 8410 actual value.
rate (per $1,000) '99...$1500
1,264
8,871 Population in 1895 was
Population in 1890 was
1,308
INTEREST is payable at the Mechanics' Savings Bank.
Bine, Mo.— T. T. Crittenden, Jr., County Clerk. This
Floating aebt
Total debt Apr.
Sinking fund.
township
is
1,
in
1899.
. . .
32,704
64,704
f^hen Due.
RE. Aid $1,000 Bonds—
7b,
Tax
Jackson County.
LOANS—
3I98
,
$26,000....June 1,1907
lO.OJO
1903
Water Bonds—
4s,
J&D, $290,500. $11. 500
Total debt
May
Water debt
1.
yearly.
1899.. $618,150
(included)....
290,500
Tax
Tax
valuation, real
6,884,660
valuation, personal. 2, 427,280
Total valuation 1898... 9,311,940
Tax rate (per $1,000) 1898. $18-10
Population in 1895 was
16.427
Duluth, Miun.— Heory Truelsen, Mayor; H.
This city is in St. Louis County.
LOANS-
Total debt Apr. 1, 1899.. $100,000
Tax valuation 1898
4,917,997
Population in 1890 was
10,533
July 1, 1903
J&J, $100,000
at Ninth National Bank.
INTEREST
New York
NEW
City.
^^c>i Due.
General Fund Bonds—
,
Water Works—
10.000... Oct. 1,1905
2.800... Dec. 2,1905
20.000... Aug.29, 1900
23, 500... June 1, 1902
6,500.. Nov. 18,1902
1 0.000... June 1, 1906
J&D,
J&D,
J&D,
J&D,
J&D,
J&D,
48,
48,
48,
48,
4s,
4.S
vil-
1900 to 1904
6s, Sept $1,500
Electric Light .^nd Paving—
1899-1919 ($500 due each M&S) to Mar. 1 ,'37
6s, ....,$17,100
1899-1907 Total debt Apr. 25, 1899. $181,661
68
9,561
2,242,000
Tax valuation 1898
Kefundikg Bonds—
1905-1916 Asses.sment about ^a actual value.
6s, J&J, $85,000
6s, var.,
4s,
1, ' '99-'04
M&S, $11.000. Sept.
2,000... '^
Dec. 1, 1903
4ifj8, J&D,
550... On demand.
4^3,
J&D, 4,000... Dec. 1, l>-99
4s
413S,
W.
Cheadle,
Clerk.
When Due.
LOANS—
This
249
68,
58,
5s,
58,
58,
4128,
4128,
J&J,
J&J,
M&N,
M&S,
M&N,
J&J,
M&N,
$85,000.. July
100,000.. July
100,000.. Nov.
185,000.. Sept.
200,000.. Nov.
100,000.. Jan.
100,000.. Nov.
1,
1,
1,
1,
1,
1,
1,
1901
1907
1912
1918
1923
1920
1922
Perm.vnent Improvement—
58, J&J, $100,000.... July 1, 1907
Park Bonds—
48,
48.
LOANS—
Wlien Due.
Village Sewer Bonds—
July 1, 1902
5s, J&J, $25,000
($5,000 due yearly) to July 1, 1906
Fond du Lac Bonds.
7s, ....,$10,000
Oct. 1,1903
Xeio Duluth Bonds.
Mar. 1,1914
6s, ... ,$47,000
West Duluth Bonds.
Feb.
6s,
1,1910
,$30,000
July 15, 1911
115,000
68,
June 13, 1913
6s,
20,000
Water and Light Bonds—
5g, J&J, $l,106,000g July 1, 1926
48, A&O,
955,000. Apr. 1, 1928
Dul. Oas £ Water Co. assumed.)
6s,
$295,000.... May 1, 1906
. .
.
.
,
,
July 1,1920
Jan. 1. 1921
J&J, $70,000
J&J. 242.000
Refunding Bonds—
Jan. 1, 1908
1
32.890
,
4i2S,g. J&J, $250,000.July 1, 1926
INTEREST is payable at American Exchange National Bank, N. Y.
TOTAL DEBT, Etc.—The subjoined statement shows Duluth's
total bonded and total floating debt on each of the dates named.
.Wai/23, '99. Apr.\,'m. Feb.\b,'97. Feb. 10,'QQ.
tTotal bonded debt. ..$2, 100,250 $2,055,250 $1,942,250 $1,917,250
Floating debt
728,553
*666.4.i3
1,135,552
763,606
* Includes $138,949 of special assessment certificates.
tNot including water debt, which amounted May 23. 99, to $2,356,000.
The city had a sinking fund on May 23, 1899, of $106,S37.
The $138,250 of 6 per cent refunding bonds are not strictly a liability
of the oity, as they were issued by the village of Duluth under a special
Act of the Legislature which provides that the County Commissioners
6s,
J&J, $138,250
6s
NEW LOANS
LOANS.
^so,ooo
Education of the Borough of Glen INDIANAPOLIS, IND.,
BRIDGE BONDS OF 1899.
Ridge, Essex County, New Jersey,
The Board
of
4 PER CENT SCHOOL BONDS.
The Board ot Education of the Borough
Interest and principal payable in the lawful money
of the United States at the Bank of Montclalr in the
Town of MoDtclair. Essex County, N. J.
The assessed valuation of real estate in the Borough of Glen Ridge on August 1, 1899, was *1.4P0.0OO.
There are no school bonds now outstanding. The
present municipal bonded indebtedness of the Borough of Glen Ridge consists of $60,000 of Road Improvement Bonds, issued in 1897 and maturing
??,000 on February 1. 190 J. and afterwards §2,000 or
§*,000 each year until all are paid: and $37,000 of
Sewer Bonds issued in 1893 and maturing ?J,000 on
June 1, 1909, and two each year thereafteruntil 1927.
when the last one will fall due: and $10,000 of shortterm Sewer Bonds to be met by asse-sments for
lateral sewers.
Each proposal must be accompanied by a certified
check to ihe order of William Ford Upson, District
Clerk, to the amount of Five per cent of th^ipar
value of the Bonds bid for, said check to be forfeited in case of award and failure on part of bidder to complete purchase. Checks accompanying
rejected bids will be returned immediately after
award. Purchasers will be required to (>ay accrued
interest to date of payment for bonds.
The Board of Education of the Borough of Glen
Ridge reserves the right to reject any or all bids.
Sealed proposals should be marked Bid for Glen
Ridge. N. J., School Bonds" and presented before 8
P. M. on Tuesday. August 22. 1839, when the bids
will be opened at the oaice of the Board of Educa
tion in Glen Ridge Hall.
AU inquiries or proposals should be addressed to
of Glen
Essex County, X.J. will receive until Tuesday. August 22, 1899, at 8 P. M.. sealed proposals for
the purchase of an issue of Eighty Thousand Dollars School Bonds.
This issue is authorized by vote of the District to
provide funds^for the purchase of land (.?l4,e00). and
the erection and furnishing of a school house
($65,600), pursuant to the provisions Of Section 3 of
Chapter 150 of the Sess-ion Laws of 1896 of New
Jersey, entitled An Act to amend an Act entitled
An Act to establish a system of public instruction
(Revision), approved March 27. 1874. which amendatory Act was approved May 25, 1894." Approved
Rldjte.
,
'"
'
'
March
31. 1896.
said bonds are by the statute made "a lien
real and personal estates of the inhabitants ot the District," which in this case is the
Borough, "as well as the property of the District
and the property of the inhabitants as well as the
And
upon the
property of the Dis' rict shall be liable for the payment of the same."
Said issue approved as to the legality of the prooeedlngs therefor by the Attorney- General of the
State of New Jersey. July 25, 1899.
These bonds will be coupon bonds, eighty in number, of the denomination of One Thousand Dollars
each, numbered from 1 to 80, Inclusive, and dated on
the first day of September, 1H99. They will bear interest from said date at the rate of four per cent per
annum, payable semi-annually on the first days of
March aud September of each year.
'
Numbers 1 and 2 of the Bonds will fall due on
September 1. 1914, and the consecutive numbers will
fall due two on September 1 in each year thereafter
until September 1, 1929, when the remaining fifty
bonds will fall due.
State of Massachusetts
City of Newton, 3Iass
City of Maiden, Mass
88
4s
Is
Boston Terminal Co
S^s
S^^
N. Y. Central
&
H. K.
RR
Chicago Rock Island & Pacific
Baltimore «& Ohio Ist iOtge
West End
West End
St.
St.
Ry
Ry
Perry, Coffin
is
4s
48
THE BOARD OF EDUCATION.
Glen Ridge, Essex County, N.
Glen Ridge,
Rutland
Burr,
60 State Street, Boston.
J.,
July
J.
29, 18«9.
Railroad
Co.
First Mortgage i}4i Oold Bonds,
DUE
1
1
4^8 E. H.
&
N.
19
JUL.Y
1,
1941.
ROLLINS & SONS,
AIII..K
STREET, BOSTON.
Dkpautmk.nt of Finance
^
office of the city comptrollek,
^
Indianapolis. I.vd., July 29. 1899. *
Sealed proposals will be received by the City
Comptroller of the City of Indianapolis. Indiana,
until Tuesday, the 22d day of August. 1899, at 12
o'clock M. forthe whole or any part of $150,000 Indianapolis Bridge Bonds of 1R99 of said city.
SHid Bonds shall be designated "Indianapolis
Bridge Bonds of 1899"; will be dated September 1st,
1899, and be of the denomination of $1,000 each,
with interest coupons attached; will bear interest at
the rate of three and one-half (.3).^) per cent per annum, payable semi-annually on the first day of January and the first day of July of each year. The
principal is payable one-tenth annually, commencing January 1st, 1905, and ending January 1st, 19U.
and both principal and interest are payable at the
banking house of Winslow, Lanier & Company, New
York City. The first coupon on each bond to be for
four months' interest only, or from September lat,
1899. to January Ist, 1900. Bids for the piu-chase of
said bonds should be indorsed "Proposals for Indianapolis Bridge Bonds'' and directed to the City
Bidders may
Comptroller, Indianapolis, Indiana.
bid for all or any part of said bonds.
The proposals will be opened by the City Comptroller, at his office, on the 22A day of August, 1899,
M. aud 2 o'clock P.M., and
between the hours of
said Comptroller will thereupon award said bonds,
or, if he shall see fit, a part or any number thereof,
to the highest and best bidder therefor, but said
H
full right to reject any
bids or proposals, or any part thereof, and
shall have tte right to accept a part of any bid. and
to award upon any bid the whole or any less number
of bonds covered by such bid. He may also in his
judgment and discretion award a pait of said bonds
Comptroller shall have the
and
all
to one bidder and a part to another.
Each bid shall be accompanied by a certiflel check
upon some responsible bank of the City of IndianapSchmidt'
olis, payable to the order of William H.
Ciiy Treasurer, for a sum equal to two and one- half
(iW per cent of the face or par value of the bonds
bid for or proposed to be purchased. The bondg
awarded will be delivered at the banking house of
city of New
Winslow, Lanier \- Company, in the 18yfi,
and tne
York, on tbe 1st day of September,
and vHjtoT
take
successful bidder or bidders shall
his
or their
and
them,
or
him
to
awarded
the bonds
omission, neglect or refusal so to iio shall be deemed
on
priposal,
or
bid
his
a breach of the contract of
account of which liquidated damages shall be retained or recovered as provided in the ordinance
covering this issue.
^,
^^ OHNSON.
City Comptroller.
250
THE CHRONICLE.
®'*3'"
^ special tax to pay the interest on them
'2nlnr«??ii
o**^^*-^
l^^y
ana provide a
sinking fund
to meet them at maturity.
lAo^nl? nli^ VALUATION.-The city's assessed valuation
at
_
Property.
$22,779.2-4
26,112.865
26.037,311
36,157,713
35,848,886
19,385,553
}%%l
}l^§
}%ll
1890
im
30,291,619
30,476.155
41,013,263
40,763,463
23,766,653
C^reenville, Texas— D,
city is in Hunt County.
LOANS-
When
$7,000. ..Oct.
11,000. ..May
W.
it
PROPERTY—
was
This
30.762; in 1870
School Bonds—
—
NAME AND PURPOSE. Rate
waterbonds
6
do
do
do
do
do
do
Citybonds
do
do
do
do
do
do
do
6
6
4
...
"
"
4
4
4
6
6
5
4
4
4
4
4
Payable.
July
Jan.
July
Jan.
Jan.
Jan.
Jan.
1,
1,
1,
1,
1,
1,
1,
Jan.
1,
July
July
1,
1,
1,
1,
Jan.
July
1918
1903
1904
1904
1913
1914
1915
1916
1903
1904
1900
1901
1920
1917
1919
TAX FREE.—All bonds are exempt from taxation.
NTEREST Is payable at the office of the City Treasurer
was
39,385 in 1880 it was
T*^^.
he population
at present, according
;
-rri,
23,104.
I
60.000
Hartford, Coun.— Miles B. Freston, Mayor;
C. C. Strong,
Hartford were consolidated on AprU
«.T3?fhif.T,^^°*°'*y**/
and
their debts are no longer reported
separately.
LOANS—
Interest.
.
NAME AND PURPOSE.
—
Rate Payable.
& j
Funding bonds
1893 4g, J
Park improvementi.1896 3io,g. J
^do
1897 3i2,g.J
Paving bonds
1898 3i2.g,J
& J
& J
&
J
Municipal bonds.... 1>- 98 3"^},^, J & J
Police department.. 1898 S^g g, J & J
Consolidated bouds*.1889 3
J &, J
Refunding bonds
1897 Si^g, J & J
do
do
....1897 3i2g, M & N
Improvement bonds. 1897 3 s g, J & J
Water
1874 ^
6
P
A
do
Principal.Due.
Outstand'g.
When
J- "-& JJ & J
J & J
J & J
J & J
J & J
J & J
J & J
J & J
J & J
J &. J
J & J
$700 per $1,000.
Treasurer.
,
.
1889
1880
1890 population
to local estimate, is over
1.
1,
:i^^''^'lZ;LclZt7^^''''
LOANS—
Interest.
it
is
$101,400
91,000
7,500
130,500
26,700
265,000
77,700
14,900
10,000
14,000
60,000
65.000
34,700
5,400
20,100
TOTAL DEBTf Etc.-'
Total bonded debt
Floating debt
°"^
''°'"^'
''
f fsigeO.WO
282 211
Total debt
ift4 9d9 911
Sinking fund
380S2fi
Water debt (Included).:.:::
925,000
in-
SOLD.
APPRAISEMENTS
Sealed proposals for the
OR QUOTATIONS
purchase of 8100.000 of
Funding bonds of the City of
'^^^ PURCHaS. SALE ol
Waterbury, Connecti- B-XCHANGE
V,^.^r^
OF ABOVE SECURITIES.
cut, will be received
by the undersigned until 8
o c ock p.m.. September 11, 189P,
LISTS
at which time they
APPLICATION.
win be opened in public at
a meeting „f the Board
ot Aldermen of said city.
Said bonds shall be known
as and called " Funding Bonds
of the City of Waterbury;- the same to be delivered
on the 10th day of
October. 1899. Said bonds
1 tJJASSAU
of Commerce Bld».)
shall be dated July 1.
1899 and be for the
amount of §1,000 each
Bond. «10,000 of said bonds
to become due and payable on the 1st day of July,
11-05, and ? 10,000 to
become due and payable on the first
day of each
ON
W. HARRIS &
BANKERS,
'
''*''^'"^''"''''
''"^
T^T-r"""^'
July, 1911.
Ist
NEW YORK
CITY
IVO.^-TAXABtE
F.
EDWD.
C.
S}4%
SEND
Farson,
JONES A CO
,
BEALERS IN
35
Fl>il
&
Leach
-
NEW YORK.
OBALBKH
IN
INVESTMENT
Members of Boston
MUNICIPAL
RAILROAD
CORPORATION
BONDfs
8tf o«
BxohanKe.'
L.IST
Blodget, Merritt
BONDS.
Street Railway and Gas Companies.
ON APPLICATION.
or Registered.
&
Congress Street, Boston.
15 Wall Street,
ST.,
SEWER
NEW
&
Co.,
YORK.
New York.
STATE, CITY & BAItRQAB
RQ^tti
BOXBS.
Briggs.Todd & Co.
CINCINIVATI, OHIO.
MUNICIPAL BONDS.
O. Stanwood Sb Co.
Co.,
BANKERS
16
Shepard
NASSAU
Dated April 1. 1899.
Due April 1, 1909.
Denomination $1,000.
PRICE AND PARTICULAKS UPON
APPLICATION.
E.
BOSTON,
Choice Issues.
J.,
4%
BOSTON.
CO..
eODeTonshireSt.
925,000
CITY OF CLEVELAND
BANKERS
CHICAGO,
D.
31
No. 7 Congrress and 31 State 8t^eel^
171 La Salle St.
$3,681,181
309.851
970,000
:^13,732
Bayonne, N.
4^ Gold Bonds.
TAX EXEMPT.
ADAMS & COMPANY
Nassau Street.
421 Chestnut St.
MASON, LEWIS &
$4,081,455
Company,
1
Philadelphia,
Jpr. 1,1897
$3,487,000
194,181
of
Coupon
E.
BANKERS,
BONDS.
^^^^ ^'^^^^^r
J^r. 1.1898.
$3,960,000
121,405
Assessed Valuation, $13,000,000.
Debt, incluains: this Issue. Sl.»3«,000.
CIRCLLAR.
NASSAU STREET,
Municipal, Railroad,
Street Railway and Gas
"New York,
BOIVDS.
GRADY,
City Clerk. City of Waterbury.
'""^
Price and Particulars on application.
"'^^'''** *°
RICHARD
"^^^'''^ ^*
POPULATION ABOUT 30.000 AND INCREASING.
day of
"^ P^J-able by Xew York
p-.f^'n"'''?'/'''^
Funds. Interest payable
semi-annually on the 1st
day of January and July in each
year
Proposals shall be for said bonds
bearing interest
at the rate of three and
one half per cent.m per
annum. No bid to be accepted
at less than par and
t he accrued inte
rest thereon
City
ST^ank
''"'" *"« «"''• a«»«"nt of
*"" payable on the
May
Jan.
$80,000
CO.,
suc-
sfonn'Jf K
July
Jan.
WE OWN AND OFFER
ScHA
i
Jan.
Jan.
Jan.
Jan.
$290,000
150,000
150,000
100,000
200,000
75,000
750,000
800.000
270,000
250,000
202,000
48,000
475.000
200,000
Legal Investment for Kew
Jersey Trust Funds.
MADE
'
Jan
Outstand'g.
1, 1918
1, 1926
1, 1926
1, 1938
1. 1938
1. 1923
1, 1909
1. 1922
1, 1922
1, 1922
1, 1899
1, 190i>
1, 1918
1, 1908
PAR VALUE.-The city's bonds are aU for $1,000 each
SOUGHT AND
N.
July
^on-taxable.
INEWTOANS
INVESTjyi^^
^100,000
Government and
WATERBURY, CONN.,
Municipal Bonds
FUNDING BONOS.
1896 '
1'
-Principal.-
When Due
Aug.
1892 5
J
J
July
1893 4g. J
J
July
(Reservoir)... 1893 4g
J _ J
July
'^"''•*'"* *°^*''"" ^"^^'j^l^ 1- 1908.)
do
do
I
100; sinking: fund assets, i^l37,21076; net
de br$788.88Q'9rt^ ot
4 ssessed Rate of Tax
Jaluation. per $1,000
$20,412,135
.....
21,396,240
5.384,629
.....'.
lonJC*1890
$22'50
18-833
tax rate for 1899
city's
Total
per $1,000.
$25,538,741
23,500.000
22,500,000
POPULATION.- In
1920 68,
,$15,000 .. July 5. "919
1923 Bonded debt Apr. 1, '99 $81,100
Tax valuation 1898
2,097,999
88
$7,000, .Aug. 7,1915 Real value about
3,000,600
8s,
.,
2,000. ..Nov. 5. 1916 Oity tax rate (per$l,000)'98.$900
68
12.000....
..July
„„.^ 10.
.„ 1920
,^„
in 1''90 was
4 330
Engine House and City H.\ll— Population
Population in 1899 (est.)... 10,000
6«
$5,000.... Sept. 2,1919
^'^A-Jo^n A. Fritchy, Mayor; Chas. A. Mil)e,"rifl'te
""''''''' '"^ State, is situt>s
Valuation.
1«98
1896
1894
Water- Works Bonds—
Due.
Total Assessed Rate of Tax
Tears.
The
H, Taylor, Treasurer.
t" Pay^n.
The city owns a water works
""m» and
oiP'^'^
ana othprnvaii
otner available
assets amounting to $2,299,985.
31-40
31-40
27-90
28-30
'?7'q^Q^'-^Ii9'N.-In 1895 population was 59,396; in 1890
1880 it was 838.
The net
^^S^>^^^^^
te?i!sro'n^teK.^rird
Valuation, per $1,000
$26 921,943
$28'10
$4,142,669
4,178,754
4.438,844
4,855,550
4,914,577
4,381,100
.57.979; in
^
6^
^^If&'^l^UZZ^^^^
(estimated
50 per cent of actual value) and tax rate have been as follows:
Real
Personal
Assessed
Tax Rate
,1|^8
[Vol. lxix.
121
BANKERS,
Devonshire Street.
BOSTON.
EDWIN
R.
LANCASTER,
INVESTMENT SECURITIES,
South.rn Seonrltlaa a S»eolalty.
J5 WAL.L 8TRBKV, NEW YORK.
:
July
:
THE CHKONICLE.
29, 1899.]
WATER DEPARTMENT
*
$46,263,130
$17,594,593
39,398,785
36,808.488
30,596,238
30,171,885
27,847,349
15,923,466
16,403,193
16,629,086
16,048,479
19,500,122
School tax (average $3 per $1,000) additional.
1890 the population of Hartford
1880 it was 42,553; 1899 estimated at 77,000.
POPULATION.— In
itt
Hennepin County, Minn.Coanty seat
is
-A.
W.
Railroad Aid Bonds
$150,000.. May 20, 1903
Interest is payable in New York.
Total debt Apr. 1, 1899 $150,000
Tax valuation, real
50,792,134
—
C. G. Williams,
Orange, N. J. Henry Stetson, Mayor
Orange is situated in Essex County. None of
the city's bonds can be retired before maturity.
LOANS—
Poor House Bonds—
was 53,230
Hastings, Treasurer.
When Due. Bond'd debt Jan. 1,'99. $1,875,000
House & City Hall B'ds—
Floating debt
19,930
4i2S,J&J, $335,000.. July 1,1917
Total debt Jan.
Bridge Bonds—
M&8, $75,000.
M&8, 35,000.
412S,
4128,
I
-Sept. 1,
.Sept. 1,
Other Bonds—
J&D, $15,000... Dec,
41^8,
1,
($5,000 due yearly.)
J&J, $60,000... 1913 to 1918
($10,000 yearly on July 1.)
1,894,930
294,675
1,600,255
1, 1899.
97,SJ 60,694
Tax valuation, real
Tax valuation, pors'l.. 20,178,805
Total valuation 1898.. 118, 139,499
Assessment about 35 actual value.
State <Se CO. tax (per M.) '98. .$6-90
Population 1890 was
185,294
Population in 1898 (est.).. 237,000
1, '99.
Sewer Bonds—
58,
58.
4I2S,
5s,
1919
Jackson County, Mo.— T. T. Crittenden,
New York
1,
1932
Tax and Assessment Arrears—
412&58,
412&5S.
$96,500.. 1900 1908
32, 100.. 1900-1908
.....
Water Bonds—
A&O, 344,000
5s,
1,1912
Oct.
Jr., Clerk.
TOTAL DEBT, EtcMayl,'99. May
City
Total municipal debt. $1,562,900
Sinking funds and
384,441
other assets
Coun
valuation, per8'l.'$23,678,447
Total valuation 1898.. 83,014.124
Assessment about 2- actual value.
J&J,
$250,000.. ..Jan. 1, 1900
($25,000 due y'rly.) to Jan. 1,1909
Interest payable at Indepeudence
Total debt Apr. 1, '99.. $2.'i0,000
Tax valuation, real
59,335,677
*
in
When Due. Tax
Court House Bonds—
48,
J&D,
.
INTEREST is payable at the United States National Bank, N. Y., or
at the Orange National Bank or Second National bank of Orange.
Independence.
is
M&N,
$57,000. 1929 to 1933
5, 000. June 1, 1922
127.500
1899
250,000. June 1, 1923
Jan. 1,1904
58, J&J, $30,000
($5,000 due v'rly) to Jan. 1, 1909
58, J&J, $16,000... Jan. 1,1910-11
5s, .I&J, $20,000. -Jan. 1, 1913-14
Jan. 1, 1915
58, J&J, 60,000
($15,000 due y'rly) to Jan. 1, 1918
5s. J&J, $80,000
Jan. 1, 1919
($20,000 due y'rly) to Jan. 1, 1922
Jan. 1,1923
58, J&J, $50,000
($5,000 due y'rly) to Jan. 1, 1932
4128
,$125,000... 1915 to 1921
4I2S,
150,000... 1904 to 1914
.
INTEREST is payable at the National Park Bank
LOANS—
,
J&D.
($25,000 due yly) to June
TAX FREE.—All bon4i are tax exempt,
ty seat
,
4128,
Sinking fund
Net debt Jan.
1917
1919
1903
1900-1901
Dec. 1, 1902
Dec. 1, 1903
1900 to 1907
$1,800
8,000
3,000
58, J&D,
5s, J&D,
5,000
40,000
412S, ....
5s
When Due
Sewer Bonds- (Con.)—
School House Bonds—
5.S
LOANS—
T^hen Due.
Dec. 1,1899
58, J&D, $2,000
'^1,000 due yearly) to Dec. 1, 1900
Minneapolis.
41^8, J&J, 315,000 ..July 1, 1921
4i2g, A&O, 600,000. .Apr. 2,1924
4128, A&O, 400,000.. .Apr. 1, 1925
48,
J&J, 100,000.. Jan. 1,1920
;
Collector.
LOANS—
Ct.
Total valuation 1898. 56,023,349
Assessment 30% to 40% actual val.
Total tax (per $1,000) '98.. $1450
Population in 1890 was. ..132,716
Population in 1897 (est.).. 160,000
:
78 J&J,
*$17-50
17-00
*17 00
17-00
20-50
20-50
20-50
$63,859,723
61,000,000
55,322,251
53,211,681
47,225,324
46,220,364
47,347,471
WhenDue. Tax valuation, p'r8on'l..$5.231, 215
LOANS.—
ia self suataljiing, raising froi» {water
rents $30,000 to $40,000 each year above interest on its bonds and all
ordinary expenses.
ASSESSED VALUATION.—The city's assessed valuation and tax
rate have been as follows
Years.
Real Estate. Personal Property.
Total.
Tax Rate.
1898
1897
1896
1895
1890
1889
1S88
251
May 1, 1897. Mayl3,'96-
16. '98
$1,515,200
$1,571,000
$1,618,800
349,038
128,759
92,674
Netdebt
$1,178,459 $1,166,162 $1,442,241 $1,526,126
Water debt (included
above)
$354,000
$344,000
$344,000
$344,000
Sta.& Co.tax (per$l,000)'98.$600
Population in 1890 was. .160,510
Population in 1880 was. .. 82.325
Population 1897 (estim'd).'-' 50,000
$20,000
Floating debt
20,000
The sinking fund receives yeajly about $24,000, raised by taxation
and from the water-works and other sources. The available assets consist of unpaid taxes ($118,526). assessments in arrears ($92,347)»
and cash in treasury ($28,823) and sinking fund of $144,745.
.
Personal property includes railroads, manufacturers, merchandise
and banks.
CITY PROPERTY is valued at $2,558,000.
ASSESSED VALUATION.—The city's assessed
Kaw Township, Mo.-T. T. Crittenden, Jr., Co ty Clerk
Kaw is in the county of Jactson and is nearly co-extensive
one-half of the cash value)
as foUows
with Kansas City.
and tax rate
INVESTMENTS.
valuation (about
for a aeries of years
have been
JINVESTMENTS^
TRANSMISSION ROP£.
Whann & Schleslnger, GOVERNMENT,
AND RAILROAD BONDS
DEALERS
MUNICIPAL
WHITE &
RAILROAD C. H.
and
BROADWAY
YORK.
71
MacDonald
65 WAL.L,
L,td.,
Co.
STREET,
NEW YORK.
WE
DEAL. IN
SOUTHERN ANo WESTERN
SECURITIES.
ROSENBERGFR & LIVERMORE,
{Special'8t8 in Texas Investments),
PORTY WALL. STREKT. NEW YORK
CHTrAW>
•
SPECIALTIES.
The American Man'f g
IndiTidnal Accounts received subject
to check at sight in London
and Paris. Cable Transfers.
MUNICIPAL BONDS,
•
AND NI
L
A
Charing Cross, Jjondon,
NiVER Co.
Bank Bldg.
8
A
L
AGENTS FOR THE
AlferO-AMJEJRICAlf BAHTK,
trowbridge,
Igt Nat.
I
BROADWAY. NEW YORK.
M
A
8
a
CO.,
BANKERS,
NEW
&
CORDAGE
M
oa
IN
SECURITIES.
71
MUNICIPAL
THE
MUNICIPAL BONDS. Lamprecht
Securities Netting from
3^
to 6Z
I
ALWAYS ON HAND.
DEALERS
Send for our Investment Ciroular.
DUKE
M.
FARSON.
Maniolpal Bonds.
18ti
Banker.
Dearborn m
LISTS SENT
Nuveen
&
Bank Building,
Correspondence
Boliclted.
Iniormation given and ouotallons furnished conoerning all classes of stocks and bonds that bare a
Cleveland market,
Devitt,
15
WALL STREET NEW YORK.
If you wish to
or otlier
S. A.
buy or
Municipal
Securitie8,please write or call.
KEAN. 132 La
sell
Salle St., Chicago
NEW YORK,
Issnes of Approred
Securities Negotiated.
Tremble
&
Co.,
READE & BOWLEH,
MUNICIPAL BONDS.
First National
Bank
Manufacturing Properties.
act as
We buy and sell manufacturing plants and
property.
Building,
CHICAGO.
HIOH-ORADE TFARRANTS
S%.
ST.,
Loans on and
GOODE&CO.
Netting from 4 to
WA1.L
Dealers In Bonds of Railroad, Gas and
Otlier Pablic Corporatiuus.
UPON REQUEST.
Chlcagro
Beferenee, First National Bank, Ohieago.
C. R.
41
Co.,
INVESTMENT BANKERS,
Ist National
BANKERS,
IN
BONDS.
r«»i
MUNICIPAL BONDS.
WILSON & STEPHENS,
MUNICIPAL, RAILROAD,
STREET RAILWAY & CORPORATION
CHICAGO.
Joh n
Bros. Co.
CLEVELAND, OHIO,
Century Building,
j
Agents for bankers in selling this
Appraisals and expert opinions.
216-2iy American Trust Building,
Cl.EVE:i.A4ftD,
!
F.
R.
FULTON & CO.,
Wm.
Fred.
la salle street,
CHJCAQO.
ro
OHIO.
Geo. H.
a. Reade.
Municipal Bonds,
171
class of
Bowur
M. Smith,
SOUTH STREET,
«IIBITRN. ]VFW
YORK.
kinds of Securltlee
by AUCTION. Stocks and Bonds thoroughly adTertised will bring buyers when It is knowEi tne
highest bidder to tt»6 fortmn%t$ bu^er.
Makes
a specialty of selling
all
2
THE
5
(.HTIONICLE.
Personal Indebtedness Total Assessed Tax Batt
Real Estate.
$',967,540
8,816,810
7,630,600
5,950,000
4,917,300
3,919,700
Tears.
1S98
1897
1895
1890
1887
1880
Property,
it
was 18,844;
deducted.
$76,385
$976,179
1,020,637
794,400
782,000
Pope County, Minn.— P.
Valuation. pe?-$l,0O0
seat is
$27-60
$9,943,719
9,837,447
8,425.000
137,920
92,050
732,700
529.100
POPULATION.—The
la 1890
to be
2500
5,650,000
in
1880
it
July 1,1906
8s, July, $65,000
Int. payalile at St. Paul, Minn.
Total debt Jan. 9, 1899
$65,000
.
Sinking fund
Net debt Jan.
population in 1899 was 25,000'
was 13,207; in 1870 it was 9.3 18.
Pasadeua, Cal.— Herman Dyer, Clerk,
Los Angeles County.
Thii city
LIBR.4RV Bonds—
1900 to 1910
$4,675
$425 yearly on Feb. 1.
Interest payable at city treasury.
Bouded debt Mar. 25, '99. $91,075
is
Total valuation ISO-'. ...8, 051.016
Assessment abt. 65<'6 actual value.
Citv tax rate (per M) '99. ..$25-00
Population in 1890 was
4,882
PopiUationin 1899 (est.). ...11,500
LOANS-
-
J&D, $40,000
123.814
June 1, 1922 Net debt Jan. 1.5, 1899.
Refunding Water Bonds—
Tax valuation 1898.... 7,583,^00
? ®
.
1899-1910
($4,000 aunually)
Interest paid at City Treasury.
Bonded debt Jan. 15/99. .$88,000
Floating debt
113,230
Petoskev, Mich.
in Bmmet County.
LOANS—
Water Bonds—
5s. Oct.,
$15,000
Population in 1895 was
Population in 1890 was
When
It-i.e.
Oct. 1,
1912
(Optional after Oct. 1. 1902.)
5s. June, $12,000. ...June 1. 1914
(Optional after June 1. 1909.)
48, Mar., $16,000 ... .Mar. 1, 1928
(Optional after Mar. 1, 1918.)
1886
1884
1889
1894
1889
1896 4
1
&Dov.
do
INTEREST
J
& J
M
<te
<Apr.l898tol900
( Part due yearly.
is
This city
Clerk.
LOANS-
&
J
May
Nov.
July
J
1,
1912.
Jan.
Jan.
Jan.
1913
1892 4
J & J
1907
1892 4
1912
J & J
payable in Boston and Portsmouth.
160,000
160,000
165,000
are taxed in Portsmouth.
are in $100. $200, $500 and $1,000 pieces;
none registered except $19,500 of the issue of 1884.
Wlien Due.
TOTAL DEBT on .lanuary 1, 1899, including the water debt, was
$933,500; assets, $552,772 water debt (iuolude 1), $325,000; net debt,
$3-5,443. The city owns, in addition to the water-works and the Portsmouth & Dover RR. stock above mentioned, real estate, including
schools, etc., wliich is vahied at $185,700: personal property (including tire department) valued at$51,0()7. The par value of the Portsmouth & Dover stock held by the city on January 1, 1899, was
$111,200; market value over $150,000.
ASSESSED VALUATION.—Assessed valuationln 1898 of real estate
and personal property was $8,619,385 (estimated at aoout ^ actual
value) tax rate (per $1,000) $21 00.
POPULATION.— In 1890. 9.827; In 1880,9,690; in 1870, 9,211;
estnuated iu 1899 at more than 11.000.
PAR VALUE.— Bonds
Electric-Lkjht BondsJ&D, $16,000 ..
1918
;
Judgment sonds—
Apr. 9, 1902
$2,000
Bonded debt Mar. 1,18^9. .$78,000
,
SmUini; fund.
3,556
Net debt Mar. 1, 1899
81,556
Impe<.)Vement Bonds—
Water debt (included)
43,000
5s, June, $8,000
June 1, 1914 Assessed valuati n 1898. .789, 280
(Optional after June 1, 1904.)
Assessment about 13 actual value.
Bridge Bonds—
Tax rate (per $1,000) 1893. $35-20
5s. June, $9,000
Jane 1, 1916 Populatiou in 1890 was
2,872
(^Optional after June 1. l!tU.)
Population in 1899 (est.) ...5.000
;
MISCELLANEOUS.
MISCELLANEOUS.
MISCELLANEOUS.
Oct.
Jan.
$4,500
10,000
47,000
50,000
40,000
57,000
175,000
1901
1904
1909
1914
1914
1916
1,
1,
1,
1,
1,
1,
is
Is,
Os, Ajir.
Apr.
M&NN
Optional after July
RRref. 1893 4
J cfe J
Water bonds
10,510
10,158
WJien Due.
TAX FREE.— None of the above bonds
W. McCabe,
Geo.
Ports.
A & O
A & O
A & O
4
4
4
4
4
4
Principal.
Outstand'g.
.
P- Ot. Pai/able.
.1883
J
Total tax (per $1,000) '98 ..$17-40
Assesment same as actual value.
—
^Interest
)
49,
M&N. .$48.000
7,237
57,76!
1899...
NAME AND PURPOSE.
Peabody, Mass.— Elmer M. Poor, Treasurer. Ttiis town
in Essex County.
When Due. Total debt .Ian. 15. 1899 $201,340
LOANS—
Electric Light Bonds 189'2—
77,416
Sinkinsr fund
4?.
.
This city is one of the county seats of Rockingham County. The
city issued $343,000 bonds in aid of tbe Portsmouth &, Dover RR., and
received in return stock of the par v.alue of $344,000. This stock is
now worth considerable more than its face value, and the city has
been selling it and applying the proceeds to the payment of the raUroad
bonds, wiien all these bonds shall have been paid the city will still
have on hand a considerable balance from the sale of the stock.
$5,925
When Due. Floating debt
LOANS—
Fire axd Sewer Bonds—
97,000
Total debt Mar. 25,1899.
5s. Feb., $86,400.... 1900 to 1908 Taxvauiation,rtal&imp.7,«86,350
$9,600 vearly on Feb. 1.
Tax valuation, personal- 764,666
7g, Feb.,
1,
Total valuation 1899... 2,568,315
Assessment is "4 actual value.
State & Co. tax (per M) '99.. $13-10
Total tax (per M) '99
2500
Populatiou in 1895 was
11,627
Portsmouth, N. H.— George D. Marty. City Clerk.
in
is
When Due. Tax valuation, real
$2,141,206
Tax valuation, personal 427,109
Railkoad Bonds—
e.stimated
County
Bonning, Auditor.
I.
Glenwood.
LOANS—
28-80
27-00
27-40
21-00
6,73.?,000
[Vol. LXIX.
SOUTHERN IIVVJESTJIIENTS
ExchangeBanking&TrustOo.
CHARLESTON,
Code Used,
"A. B. C."
...
C \ PITA L. PAID UP,
Deposits Subject 10 Check
OflFers its
OF NEW YORK,
S. C.
Cable .\ddress.
"Exbatco, Charleston."
IhE AUDIT COMPANY
$100.00000
300,600 00
-
Equitable
Acting President,
Also Farming and Timber Lands, Mill
Water Powers, Hotel Sites, Residences, Building Lots, etc., >n tbe Southem
Stiites.
B.
EDWARDS.
W.
K.
McDOWELL
MUCKEJJFUS,
Cashier.
NOW
Secretary and Treasurer.
Secretary and Treasurer,
EDWARD
FERINE.
DXRFCTORS:
T.
A. J. Cassatt.
Marcellus Hartley,
Cbarles R. Flint.
James Stillman,
William A. Nash,
Joseph S. Auerbach,
George G. Haven.
George
HA.IVr>-BOOK:
George Coppell,
G. B. M. Harvey.
John I. Waterbury,
W. Young.
ADVISORY COMMI'TTSE OF STOCKHOLDERS.
W. Bayard Cutting
Walter G. Oakman
OF
Railroad
August Belmont,
h'rederic P. Olcott,
READY.
STEPHE.N LITTLE.
Securities.
leading
Government
States
Whiting Papers.
uses the
Railroads,
So do the
Banks,
Insurance
Ckimpanies and Mercantile Houses everywhere.
jou are not using Whiting's
If
Liven Ledgers in your
F. S. PEARSON,
BARCLAY PARSONS
samples.
FORD, BACON & DAVIS.
Correspondence Invited.
President.
R. E.
GREENE,
Consulting Engineers.
VV.VI.
Sites,
GEO.
L.
Broadway.
Vice-President.
A. NASH,
Chief Consulting Auditor.
Manager,
THOMAS
120
WILLIAM
AUGUST BELMONT.
services to investors for the pur-
chasing of sound, dividend-paying Municipal,
Industrial and other good Bonds and Stocks.
Building,
United
office
write us for
For account books they are
They are made in tints
recommended for the eyes by
unequaled.
especially
eminent
I
oculists.
We
you
will send
pamphlet on the subject
free.
WHITING PAPER COMPANY,
HoLYOKE. Mass..
DCANE
150
4.ND
St.,
New York
T. Jefferson Coolidge, Jr.,
Charles S. Fairchild,
Gustav. E. Kissel.
Isaao N. Seligman,
is;. B. Chapman.
A. D. Juilliard,
Henry W. Poor,
Louis Fitzgerald,
reports on the
BCcoimts and financial condition of corporations,
copartnerships, and individuals, and examines and
reports upon the nhysical condition of railroad, manufacturing and other properties.
Its services are of value to investors, financial institutions, borrowers of money, directors of corporations, merchants, firms, and purchasers of properties
1899
18.50.
The United
Life
States
The Audit Compaiiy examiues and
JULY EDITION.
by the Publishers of the
COMMERCIAL & FINANCIAL CHRONICLE.)
(Issued Seml'Annually
TERMS.
Price of single Copies
To Snbscribers
of the Chronicle,
To Bankers and Brokers
in glK on the
cards lettered
rate.s.
B. DANA COMPANY,
Pinn Street. Cor. FObrI Street, New York
A. C.
EWEN,
Kallroad Bonds and Guaranteed Stocks
Ft»R INVEST.llENT.
Commission Orders Executed.
Car and Engine Trusts Negotiated.
Ten
*J
.
NEW
Does s general practice In all the higher Courts of
Texas, and before the different departments of the
S ate Government. Bond, Insurance and Corporation
litigation,
barters and Corporate Permits secured
County and Municipal Bonds examined. Irregular
(
a Issues adjusted. Law correspondents in every
cityand town in Texas. Trivial business not sollol
Ited.
WM. FRANKLIN HALL
Accountant,
rUE CITY OF NEW YORK.
All I'ollcles now isiiued bf thin (Company
lontain the lollo'kving clauxe:
"Afler one year from the date ol Isaue. th«
llRbilUy ot the Company under thin pollcT
<hall not he diepiiled."
UnrtiiK 1^}I.S the Company made material
Increase In Income, asset" and siirplust and
can thus claim a suhstaotial train in the
most important elemenis o( safety and proB>
Death Claims paid WITHOI T Die*.
soon as satlafaotory proof* hav«
been received.
"^^ll"
COUNT an
Active arul S^tcccsx/nl Agents, toishing
tetit
this
i-o
repre-
Company, may communicnie unih
RICHARD E. OOOHRAX.sd Vice- PreHdent,
at the Home Office, sot
Broadway, New York.
OFPICBBS:
GEOK<iE H. BURFOKD
WILLIAMS
C. P. FRALBIOH
BICHAKD K.COCHRAN
A.WHKKLWKlQllt
J L. KBNWAY
WILLIAM T. STA.NKKN
ARTUDU C. PEKRY
JOHN P.MUNN
GEO. G.
B)0k8 aadited. Examinations and investf^
dons conducted with the 1 tmost care
and efficiency.
VOIIK.
years' experience in the Financial and
Operating Management of Eailroads.
WAL.I. STllEET.
ATTORNEY-AT-LAHr.
in quantities, with tliei
cover, at special
R
Lockett,
AUSTIN, TEXAS,
76
WILLIAM
W.
Robert
$100
•
Insurance Co.
IN
President
Vl.-tr President
2d Vice President
"id Vice President
Secretary
Assistant aecreiary
Ao,.uary
'ashler
MedicK; Director
FINANCB COMMITTBK
;
Pres. Chem. Nat. Bank
WILLIAMS
Builder
JOHN J.TUCKKK
K.H.PKRKI.NS.JB... Pres. Imp. A Traders' Nat. B k.
Leathw
JAMES R. PLUM
GEO.
O.
@FedFRASER