The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.
.
1
1
INCLUDING
Bank and Quotation Section (Montiiiy)
Railway and Industrial Section (Quarterly)
Entered according to Act of Cong^ress, in
VOL.
year 1904, by William
tlie
B.
and City Section (semi- Annually)
Street Railway Section (^^^4Sf ^')
State
Dana Company,
SATURDAY, JULY
79.
in ttie office of Librarian of Congress, Wasliington, D. C.
NO.
1904.
30,
H
July 23
eek endiTig
—
Clearings at
1003.
I
JVC.
2040.
or
1902.
Dec
PUBLISHED WEEKLY.
Terms of Subscription— Payable in
For One Year
For Six Months
European Subscription (including postage)
European Subscription Six Months (including postage)
Annual Subscription in London (including postage)
Six
Months Subscription
in
Advance
$10 00
6 00
18 00
7 50
£2
London (including postage)
£1
148.
lis.
—
Subscription includes following Sections
State and City (semi annually)
BANK and Quotation (monthly)
RAILWAY AND Industrial (quarterly) Steebt Railway (3 times yearly)
New Haven
Springfleld
Worcester
Portland
Fall Kiver
...
LoweU
New Bedford
Holyoke
I
Total
New England.
127,549,536
6.110,800
2,500.363
2.288,301
1.480,160
1,314,932
1.531,678
624,352
453,727
406.491
495.479
125,820,078
6,289,300
2,384,353
2,030,063
1,342,794
1.580,180
1,449.292
608,764
552,878
463,535
403,323
144,845,819
142.925.100
157,934.269
28,434,250
13,357.269
9,587.200
7.039,949
6.749.418
4.300,000
3,298,453
Boston
Providence
Hartford
159 878.704
21,800.500
+1'*
—2-4
+7-4
403.778
118,668,897
5,786,300
2,274,463
1,273,214
1,379,134
1.298.297
1,147.725
733.416
525,151
356,776
274.943
4-1-3
142.876.925
133.017.820
—1-2
4-304
-18-8
—0-5
—4-6
1,56,787.073
4-3-5
4855,471
147.519.140
16,991 550
13,515,816
10,034.068
5.745,999
4,190.993
3,032.650
2,424,936
1,985,137
1,210.853
1,147,158
808,534
700,000
428,199
400,303
+ 12-7
-J-103
-16 8
126.379.804
6,027.100
2,481.734
1.516.806
1.550.176
1 571.985
1,158.727
786,251
-t-5-7
—17
—12
9
519,742
3
4-22-8
474.8i!2
|
Terms
of
Advertising— Per
Space
Incli
ChlcaKO
Cincinnati
Transient matter per inch space (14 agate lines)
Two Months
$4
22
29
50
87
(8 times)
Three Months
(13 tmies)
Months
(20 times)
Twelve Months (52 times)
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oi the paper ut Is.
Pine Street, Corner
SBce Box 958.
ol
Detroit
Milwaukee
1
ndian apolis
Columbus
Toledo
1,810,201
1.844,677
1,573,390
1,094,092
Grand Kapids
Dayton
Evansville
Akron
DANA COmPANY,
WILIilAIYI B.
Cleveland
Peoria
and advertisements, and supply single copies
Boriptions
eaob.
PMt
20
00
Pabllsber«i,
Pearl 8treet,
Spriugfleld.
NEW VOKK.
Lexington
Canton
Rockford
SpringHeld,
CLEABINQ HOUSE RETURNS.
Ill
Voungstown
Kalamazoo
O
Bloomington
Quincy
Decatur
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the Jackson
United States for the week ending to-day, July 30, have Ann Arbor
Total Mid. Western
been $1,814,567,371, against $3,111,110,974 last week and
San BYanclsco
$3,008,291,071 the corresponding week last year.
IjOs Angeles
Mansfield
Jacksonville
Seattle
Clearings— Returns uy Jelegraph,
Week Ending July
New York
93.859,621
76,287,068
18,376,200
121,925,001
35,810,318
8,288,183
Philadelphia
Baltimore
Cblcotro
38,222725
-101
(""argo
+10-1
—5-8
Sioux Falls
Total Paclflc.
9.400.569
-6-3
-12-3
«1,407.594,807
260.723,419
-13-2
+0-3
Omaba
*1.668.318.226
834.972.845
-n-2
Denver
Des Moines
$1,814,567,371
5 days...,
All cities. 1 day
all cities
-16-2
—1-4
Lake City..
Portland
Spokane
T.acoma
Helena
*1,4«2,673,110
331.994.261
Seven cities, 5 days.
Other cities. 5 days
Total
*1,033,77H,871
95,183,151
84,814,170
16.096.783
129.500.538
Salt
^1,221,074,137
261,498,973
Louis
New Orleans
St.
all cities,
P. Cent
1903.
*86(J.5a7.746
Boston
Total
1904.
80.
$2,003,291,071
-«-4
—0-9
Kansas City
Minneapolis
St. Paul.
St. Joseph
Sioux City
for week.
Topeka
D.ivenport
The
Wichita
week covered by the above will be Colorado Springs
given next Saturday. We cannot furnish them to-day, clear- Fremont
ings being made up by the clearing houses at noon on Satur- Cedar Rapids
Total other West'rn
day, and hence in the above the last day of the week has to
St. Louis
be in aU cases estimated, as we go to press Friday night.
New Orleans
fxiU details for
the
We present below our usual detailed figures for the previous
Houston
week, covering the returns for the period ending with Satur- O al veston
Richmond
23, and the results for the corresponding Savannah.
week in 1903, 1903 and 1901 are also given. Contrasted with Memphis
Atlanta
the week of 1903 the total for the whole country shows a gain Nashville
Norfolk
of 2-0 per cent. Outside of New York the increase over 19'03 Kort Worth
Birmingham
per cent.
Kuoxvlile
Augusta
IV'eek
ending July
CUarings ot—
1903.
1902.
Beaumont
^'9
New York
Phllnderphla...
PlttHburgh
,
Syracose
Vrilmt»*ton.,.
Wilkes
Borre..
WheeUnR
BlHRlianiton ..
Greenebur*....
Chcmer
,
Bne
Franklin,
Heading
,
Pa
.
Total Middle
-(-1-2
+320
6.20S,46l
3,679,688
3.147,026
2,70a.l«8
1,990,040
1,238.080
1.016.042
6.696.96;)
—26-8
-1-6
-6-0
3.428.891
+T3
a.151.888
1,911,138
1,120,530
1.201.266
a<»2.496
030,998
440,600
422.3:i6
-91
-161
4,")M.77.'i
52H.040
501,296
1.516.586,801
109.063.635
-154
8.'>4.8a7
,
Rocbester
SoraiitflH
t
804,123
728,121
406 000
Ualtitooro
BulTalo
Wa-slilngton...
Albany
268,064 J«J8 1553.588,630
Ifil. 171,474
124,381.tW6
40.881,174
54,997,358
21.917,116
22,275,442
-13-8
-4-6
477,909
.618.519,531 1.»79.101.5.'iC
Jacksouvllle
.851.690.071
80.0rt7.684
Columbus, Qa
Total Southern
3.050.303
2,647.711
1 207.729
953.202
Lio.'i.osa
98«.fi00
+36
620.834
-f-15-4
6110,300
85:1.000
719.247
628,400
356 800
Ottawa
Onebec
4,"J5.B88
843,.''27
Vancouver.
387,400
250,006
Hamilton
St. John
48.808,596
20.820.315
4.991.098
3.1H.r74fj
-17-2
+25-6
+4-6
+ 105
-01
(I
III
to
ToUl
all
Outside
New
-1-26 1,716,708 320 l.4l7.:M:i.4)13
4.769.000
8.598,783
1,929,513
1,470.256
1,497.762
1,127.132
717,800
728,935
585.853
4-6-5
-21-4
4-3-
636,700
712,223
436.658
666,664
604.143
515.790
495,526
312,619
303,744
310,000
250.343
181,270
178,606
235.227
80,594
704,700
666,121
775,836
699,410
470,140
538,203
545,153
343.863
275.108
325.748
256.393
211,601
179,750
-35
242,943,295
25,929.380
0,081.450
8,977,H13
3.457.411
3,133.346
2.256.868
1,894,243
794,833
897,956
181,895
-9-6
4-6-9
—43-8
-4
510..338
4-28-5
369 337
477.339
285.438
339.609
284,569
254,030
217,438
65,260
4-22-8
4-23-5
476,624
360.775
392.031
350,240
264,054
297,508
249,103
209,180
157,685
139,566
62,480
242.670,321
4-01
232,253,020
212,897,93^
28,753.909
5.469,751
4.103.874
2,298.748
2.775,941
2,068,920
1.848.180
418.411
425,685
288.562
-3-5
21,388,134
4-11-2
4,51-.J,505
-3-1
3.854,536
3,595.676
2,203.607
1,368.966
1,240.147
20.976,778
2,738,410
2.355,643
3,059,980
1.725.000
1,207,775
1.002,371
579.228
191, .548
—4-2
-9-2
-91
4-10-4
—4-8
—24
-00
-14-4
4-50-4
-1-12
4-9
9
1
4-2-5
—371
533 51^
397,060
234.113
4-3-0
3^.834,257
34,182,488
18,868.404
11,507,065
6,433,200
5,815.114
3.988.638
19.850,854
9 785,276
5,934,937
4-900
—66
48,105.196
46,451,981
17,486,646
13,200,27
6,077 ,3t;9
6,633,157
3,088,734
4,137,439
1,830.407
857,820
869.059
677,229
916.595
450.962
124,381
403.803
19,068.950
-8-8
11,21M),201
-1-17-0
7,100.415
5,754,508
4.394.098
4,950,344
1,882.419
1.156 794
1.135.747
677,642
564,700
—14-4
419 067
4-7-5
4-0-5
123,732
96,000
175,303
147,262
51,276
-21
-2i»-7
-16-4
-2-8
-25-9
-23-4
-0
3,963,65'
1,741,129
1,298,751
1,015,502
715.182
2-28.093
4,1525,638
6,911.661
3.610.301
1,354,533
824,605
1.040.829
557.660
500.000
123,907
1
-h641
Not Include din to
248 011
839.909
513,546
604,993
165,519
tal.
68,519,223
-5 4
6e.52S,709
64,992,654
46,018,167
12,795,254
10.423,313
4.699,878
3,159.000
4.000,000
2,894,343
2,864,161
2,873.012
2.408.417
1,590,742
1,087,968
1,040,000
1.274,203
46,153.813
12,717,069
8,903.000
6,340,080
2.892,500
4,352,018
-0-8
-0-6
-fl7l
41,980,844
12.002.072
8.802.337
2,381.60,>i
-1-21 -5
87,071,673
7,843,083
7.351,680
3.273,431
2,075.000
4.284.718
1.903,886
2,182.876
1,339,486
6;W.075
834,067
55.356,075
051,103
943.615
873,638
698,401
884.000
808,099
190,641
2,782,748
2,125,464
8,121.049
1,439.200
1,.582.300
1,022,430
1,519.870
York..
-25
9
-f9 2
3.9-23.570
2,093,500
3,743.201
2.293.693
2.044.202
1.672,120
1.459.207
1,474.669
1,266,830
877,621
-8-1
+'iV
--11-7
--135
--105
-35+1-7
L323,7ai
1.315 088
1,016.878
787,868
736,141
737,024
—220
6()2.006
6•^6.000
4-597
609.463
609.605
097.478
604.700
486.000
—161
389,114
889 689
833,000
019,007
4,8(1,000
290,882
-teo
+128
—200
+ 170
100,723.995
2,070,462,'i86
843,046,106
810,863,005
21,491.878
15,287,301
5,704,549
1,871,200
2,180,249
21,538,048
13,547,167
S97,:i40
200,857
87,604.710
75.-2l«0.73i
5
Not Include d Into
101, .34 1,008
363,176
4-0-6
4-2
4-3-8
lal.
2.873,766.550 1.9'<J«25,06S
757,199,749
070,804,981
19,459.202
1.
-1503.204
3,229.942
17, .158.061
CanadaMontreal
Toronto
Winnipeg
Halifax
l4i>n(lon
tAl,
—11-4
1,078,381
Ml 1,1 10.974
3H,K07.168
2I.038,6«8
5.130.040
1 ,0K1.4T3
2 530.321
1.717.098
1,31H,I37
l,m)4.945
3.801. 56.S
222.077
244.,3;i9
1.041,906 >fot IncluilJ-
Little Rock.
Charleston
Mm con
Cbrfttanooga
23.
or
Dec.
/»ic.
1.63O,.507
19,237.800
15.475,524
9,439.001
6.569.133
1,018363
Louisville.
day noon, July
is 8*3
16,456,171
9,637,606
7.382.1
6,522,644
4,853,500
3.098,904
2.303,501
1.778,708
Victoria
Total Canada
1,.527,.328
4.50.3.489
1.038.591
1,909.276
1.71I.;«W
1
.5.-> 1
.H,SJ
10,001.410
1.800.46S
1.750,000
1,W2,4
l,4ia.HtVS
1.4.^3.85$
l,2,V<.saj
0'<7,025
1,710.568
1,040,463
i.nM.;w8
1,005. asp
l,2(l(l,(l'<!.^
779,437
753, 102
878.31
50'.;. 191
648,610
594846
__616J«i
'^,2401)89
60.093, 1 9Q
4», 168,809
86,841,011
912.-l.57
1,019,122
79;.711
K)l.2ll
609,639
—
;
THE CHRONICLE.
470
I
Vol. lxxu.
knowing that the Bitaatioa Is an
hard one for them. Thej submitted to a cut
of 10 per cent in their wages the early part of the curOn pages 606 to 611 ot this issae of the Chboi^icle rent season, in November last. Moreover, besides
havwill be found complete returns of the condition of all
ing had that 10 per cent deducts, the men have
the trust companies in New York Olty and Brooklyn
virtually been receiving less than the whole of the
on June 30, 1904, as compared with Dae. 31 1903 and remainder
the better part of the year, for the mills
Jane 30 1903.
have during many months been runniog on short- time.
To ask employees under such circumstances to accept
REPORTS OF TRUST GOMPANIES IN NEJ^
tors: and BROOKLYN.
THE RAIL WA Y AND IND USTRIAL SECTION
say
that,
especially
a further reduction of
12^ per cent is no doubt a
taken without wry faces.
On the other hand, one must remember that the
uusTBiAL Section Is issued to-day, and is sent to all
our subscribers. It contains editorial articles on the situation of the cotton-spinner has been and is most
unfortunate a situation too not In any degree of his
following topics
own making. He has had to struggle all through the
ENGLISH AND AMERICAN CAPITALIZATION.
year to keep his mill running and his goods sold,
RAILROAD DAMAGE SUITS.
while prices for the raw material were abnormally
GRADE CROSSING ELIMINATION.
high and while buyers were unwilling to pay corresponding prices for his products. The result is that
THE FINANCIAL SITUATION
the average mill manager has got off his hands som« of
The disturbed panicky sensation which swept over his goods at a trifling profit and some at a material loss,
Europe on the announcement of Bassia'a reckless and has a considerable stock left unsold.
At the
seizing and searching, by her volunteer fleet, of Eag
moment it is a serious question whether it is not
land's and Germany's merchant ships in the Bed Sea better for the mills to He idle than to run even
has in its more acute stage subsided. Bassia apolo at the reduction of wages asked. Were there no
gized and agreed to release without the usual formal other difficulty to be encountered, the purchasing
The
quarterly
number
of our
Railway and
In-
bitter dose, not to be
—
But
since those trans-
of the
actions others of a similar character have occurred
and what was worse than previous doings of Bnssia's
would
proceedings the yessels taken.
needed raw material the coming two months
seem almost to
debar success in the
effort.
Should the spinners enter the cotton market
fleet, the steamer Knight Commander was taken by it as buyers, they would advance the price against
themand sunk, although the owners claim that she carried selves, and no one can tell what in that contingency
nothing which can be held to be contraband of they would have to pay for the remnant left over of
war. It Is not unlikely that later and fuller facts with the old crop. Moreover, if In the midst of the period,
reference to the sinking of the Knight may materially rumors of great damage to the growing crop got afloat,
modify and make much less grave the earlier beliefs. whether wholly true or not, spinners would be likely
As the evidence stands, the United States as well as to lose largely on every yard of cloth they made.
Great Britain appears to be involved, while the sum- That situation of cotton at the opening of the new
mary way of dealing adopted by Bassia looked wholly season would also operate unfavorably for the mills
Still, the latest announcement from
unwarranted.
during October and November if not during the
London is that Bassia has satisfied Premier Balfour larger part of the cotton year.
that every issue will be arranged by that country in a
Many other strikes have in the meantime gotten
friendly spirit and that the volunteer fleet will be
It is of course possible under way, and more yet are threatened
withdrawn from the Bed Sea.
those most
that the settlement of the value of a captured vessel concerned in their outcome hoping perhaps to make
and cargo which have been sunk will at least give rise money out of the politicians during the election canto difficulties as to damages and actual loss, if nothing vass. At the same time we cannot believe that there
more serious, which will cause the affair to turn out is any considerable gain anticipated by the men.
and take prominent laak among the highly expensive Some of the leaders who do the ordering may profit
Sinking the vessel individually; and yet the moment is by no means a
assertions of belligerent rights.
with its cargo puts out of sight the object at issue hopeful one for that sort of tactics. As for the men,
and throws about it a sort of nubilous character which the chances are all against them. There is not
enough "go" in industrial aff^iirs to lend buoyancy to
does not ever make to the aivantageof a defendant.
a strike. As a rule, employers meet very little urgency
These leml-warllke incidents and the concurrent in the demand for their products; they find plenty of
solicitude In Earope, together with the disturbed idle men offering to work; and they have abundance of
state of the London and Berlin financial (markets, time on their hands for devising means to meet this
operated for a time to the disadvantage of New new emergency. The public is supposed to suffer
York Stock Exchange affairs. Strikes in the United most fiom the packing-house strike. It has been asStates have also been an unfavorable feature, having sumed that it would not reach New York, but yesincreased in number and extent. We graatly regret terday reports prevailed that the men here would
the disagreement which has become so prominent a be speedily called out; there Is, though, for the
condition this week between employers and employees moment an abundance of meat at this centre. In
in the cotton mills of Fall Biver, resulting, as it has, Chicago the second estate of the strike has thus far
in the enforced Idleness of a very large body of men. bien worse than the first; that is to say the employees
Previously, and for a long time, the employees have show a more bitter spirit. This is not surprising after
avoided a strike, although temptations to call one their untrueness in refusing to live up to their agreehave not been absent; we think, too, it would ment. As to the employers, their position is not in
had accepted the doubt. The members of the Illinois State Board of
they
have been better if
this
proposal on
occasion.
manufacturers'
We Arbitration arranged a conference with Arthur Meeker
—
:
July
THE CHRONICLE.
30, 1904.1
471
sabaequently he handed the S ate eiit week, and It bears out the favorable reports conBoard the following response from Armour & Co. cerning the same which have been current In recent
"We had an agreement with Mr. D3nnelly'8 organi- weeks. Net earnings of about 19 million dollars had
Is found to have
zation and the allied trades which they have failed to been rumored; the actual amount
This, of course, is very much less
live up to, and under the circumstances we do not been $19,490,725.
make any further agreement with them." than the sum for the corresponding qaar'.ers of
care to
Yesterday it was reported that the strikers In Chicago either 1903 or 1902— a fact, however, which posslq^nlficacce, sloca
under
had suf ered a severe set-back, 800 live stock handlers sesses no very great
one expected any such marvelhaving gone back to their work. In Kansas City, also, existing conditions no
ous results as were reached in the two years preced.
the movement has decidedly weakened.
Fhe circumstance of Importance Is that the
Ing.
Armour & Co
of
;
The current Treasury
deficit
has become very large
exhibit of net
is
better by 6 million dollars than the
March quarter, showing that ImproveWe re
a condition that Is
viewed the results for the fiscal year ending with June ment has begun. The net for the March quarter was
80th 1904 on July 9, page 128, and showed from them only $13,445,232, as against the $19,490,725 just
the increasing need there was for economy. The point we shown for the June quarter. The term ''net earnmade In our article finds new emphasis from the very ings " as here used should be clearly understood. It
large disbursements and diminished receipts recorded means the amount remaining after deducting not only
the current month and from the Interview with Sec- the cost of ordinary repairs, renewals and maintenretary Shaw telegraphed from Washington July 27. ance of plants, but also after deducting Interest and
The figures In full will not be given to the public fixed charges of the subsidiary companies.
The statement Is encouraging, too, from another
He says that ''the disbursements thos
until Monday.
quite disappointing.
exhibit for the
July have been about 22 million dollars In ex- point of view. On the basis of the net earnings rethat is, that the net ported, the Corporation earned the dividend on the predeficit for July will be about 22 million dollars; and ferred stock In full for the quarter, with a substantial
adds that ''the ratio of expenditures to receipts will surplus left over. That is to say, with $19,490,725
be smaller after this month.'' E7eryone knows that net earnings, interest and sinking fund rtqulrements
the first month and usually the first two months of a on the Sc eel Corporation's bonds and other charges
new fiscal year show an excess of disbursements greater aggregated $10,408,162, leaving a balance of $9,082,than the year's average. But the serious point the 563, while the call for the If per cent dividend
foregoing discloses Is that the total disburse- on the preferred stock was $6,304 919; In other
ments continue year by year to increase and words there was a surplus above the dividend In
More Important still, this
the revenue to diminish. For illustration, the total the sum of $2,777,644.
disbursements In 1896-7 were 1365,744,159, while In surplus for the second quarter of 1904 sufficed to
1902 3 they were 1506,099,007; last year they were wipe out the deficiency of the first quarter, so that in
$527,969,086,not including the $49,000,000 paid on ac- the very worst half-year in the company's history the
count of the Panama C^tnal and the $5,600 000 advanced result Is net Income more than sufficient to provide
on account of the Louisiana Purchase Exposition; for the half year's dividends on the preferred shares.
The surplus for the half-year amounts to a little
the current year the disbursements promise to show a
more than a million dollars ($1,080,257) and remains
further growth of about $30,000,000.
These larger expenses were considered of no great con- moreover after a contribution of $2,025,000 to
cern while revenue was increasing, but now with revenue sinking funds on XJ. S. Steel Corporation bonds
$696,266 to sinking
funds on bonds of
also decreasing we are substantially burning our candle and
both ends, and this has gone on until an absolute subsidiary companies, and also after an allowat
revolution in the Government's fiscal status has been ance of $4,855,416 for depreciation and reserve funds.
The past fiscal year there has been a loss In The fact serves to emphasize the magnitude of the
effected.
revenue every month compared with the previous year. company's Income In those prosperous years 1903 and
July returns also continue of the same character. 1902, making It possible for the concern to stand a
Becelpts (July 1904, three days estimated,) were $46,- large loss In net and yet continue dividends on the
000,000 and the disbursements $67,000,000, whereas preferred shares. On this point it is only necessary
the July 1903 receipts were $48,611,573 and the dis- to say that while the surplus above the preferred divbursements were $56,388,189. These figures Indicate idend for the six months of 1904 is $1,080,257, the
a decrease in the month just closing compared with corresponding surplus above the preferred dividends
the corresponding month a year ago of $3,000,000 In In the first half of 1903 amounted to $27,345,877 The
the receipts and an Increase of $11,000,000 In the dis- company reports unfilled orders on hand Jane 30 1904
bursements. Mr. Shaw In his interview states that somewhat less than on December 31 1903, the comhe thinks the revenue will be better In subsequent parison being 3,192,277 tons, against 3,2i5,123 tons.
months.
We assume he bases his expectation of Since the close of the half-year the inquiries for iron
larger revenue in later months on a belief in a material and steel and their products have become more nuAll we can merous in the general market and no doubt the Steel
revival of business In the United States.
say with reference to that assumption is, that, admit- Corporation Is sharing in this improvement.
ting an Improvement In business. It does not follow
Perhaps the best idea of the magnitude of Industhat Imports and Income from Customs duties will be
trial Interests In the United States Is furnished by the
enlarged at once. We should hardly expect any conSome statistics have re
siderable increase in that item during the current fis- figures of coal production.
cently been compiled by the United States Governcal year even if there Is a business revival.
far In
cess cf the current receipts''
—
ment which tend
The United
States
Steel Corporation has Issued Its
statement of earnings for the June quarter the pres-
to emphasize this conclusion.
The
calendar year 1903 and they
show that coal production In this country in tnat
statistics appertain to the
THE CHRONICLE.
472
[Vol. Lxxix.
Moaey on call, representing bankers' balances,
period of twelve months was actually very mach larger
than In the calendar year 1902, and that the aggre loaned on the Stock Exchange this week ualformly
gate reached the enormous total of 369,421,311 tons, each day at 1 per cent and at J of 1 per oeit, averthe figures being stated In tons of 2,000 lbs. This Is an aging a fraction less than 1 per cent.
Binks loaned
increase of 67,830,873 tons, or 19 per cent, over the at 1 per cent as the minimum and trust companies
production of 1902, which amounted to 301,690,439 wore practically out of the market as lenders, owing to
tons.
If, instead of this large expansion, the output the low rates.
Time loans were a shade firmer, especifor 1903 had been found smaller than that for 1902, ally for over the year maturities, and rates on good
no surprise would have been felt, seeing that there mixed Stock Exchange collateral were 2 per cent for
was a decided slackening in industrial activity towards sixty and 2^ per cent for ninety days, 3 for four
the close of 1903. Possibly it may be thought that to five, 3^(^31 for six to sev^^a and 4 per cent for
the fact that the anthracite coal miners' strike pre- eight months. Commercial paper was In good devailed in 1902, while in 1903 the anthracite mines mand, with a moderate supply, and rates were 3|^3|
were worked to make up for the deficiency thus cre- per cent for sixty to ninety day endorsed bills receivated, explains the great expansion in production in able, 8f @4i per cent for prime and 4^05 per cent for
1903. But of the total increase of 67,830,872 tons, onl y good four to six months' single namep.
32,940,324 tons was anthracite. The rest represents an
The Bank of Eagland minimum rate of discount
enlarged output of bituminous coal. At 369,421,311
tons, the total coal product of 1903 was nearly double remains unchanged at 3 per cent.
The cable reports
1893. The coal is reported to have had an ag- discounts of sixty to ninety day bank bilh in London
that of
gregate value at the mouth of the mines of over five ?f®3 per cent. The open market rate at Paris is
hundred million dollars— $506,190,733. As the bulk of If per cent and at Berlin and Frankfort It Is 2i per
the 369^ million tons mined finds its way to market cent. According to our special cable from London
either by rail or water, the part played by this the Bank of England gained £186,909 bullion during
large coal tonnage in adding to the traffic and the week and held £34,668,606 at the close of the
revenues of our transportation lines can be readily week. Our correspondent further advises us that the
gain was due to the Import of £433,000, of which
lma{i;ined.
£100,000 was from Egypt, £23,000 from Portugal and
There was no change in official rates of disconat by £310,000 bought in the open market, and to shipany of the Earopean banks this week and unofficial or ments of £247,000 net to the interior of Oreat Britain.
open market rates on Friday, compared with those at
The foreign exchange market was active and higher
the close of the previous week, were | of 1 per cent
higher at London and a shade easier at Paris, Berlin until Thursday, icfiaenced by dear discounts in Lonand Frankfor^; during the week, however, the Ij-)ud5n don, the remit in part of the withdrawal from the
discount market was unsettled, as noted above, because market of $12,600,000, half of the proceeds of subof political tension and withdrawals of considerable scriptions for Japanese bonds ; also of preparations
sums of money by the Bank of England, and short for the semi-monthly settlement on the London Stock
Exchange, and furthermore because of the unsettled
advances were as high as 3f per cent.
The striking feature of the statement of the New condition of the London securities market in conseYork Associated Banks last week was the increase of quence of the political tension resulting from the
111,614,700 cash, following a gain in this item in the seizure by Russian vessels of British merchantmen,
previous week of 113,800,400, making an increase of
$25,416,100 in the fortnight. The deposits were aug
(^specially
mented $22,273,800 and the required reserve was
thereby increased by $5,668,450, deducting which
from the increase in cash left $6,046,250 as the gain
violation
In surplus reserve, to $50,609,600, the
July 9 1898, when
it
highest
since
was $63,345,300. Calculated upoTi
the basis of deposits, less those of $23,343,200 public
funds, the surplus Is $56,445,400. Loans were increased $12,330,600 as the result of commission house
Commander,
Item $6,005,700. The bank statement this week should
reflect, among other movements, the transfer hither
from San Francisco of $375,600, representing deposits
of domestic gold, and also the payment of Seattle,
Wash., Assay Office checks amounting to $178,000 for
Klondike gold. Gentral Pacific notes due August 1 for
about $2,800,000 was paid at the Sub-Treasury through
the.GIearing House on Friday. It is expected that the
$1,000,000 gold which, as announced last week, had
been shipped from Sydney, N. S. W., will arrive at
San Francisco by August 8, and it will be trans
It Is reported that next
ferred hither by telegraph.
on account of the recently
week about $6,000,000,
in
which
was
international
of
sinking of the Knight
regarded as
a
grave
law.
exchange
foreign
was
The
short
in-
because
recent
sales
of
finance
bills
in
<f
the expectation of covering the same at a profit, as they
approached maturity, with drafts against] the proceeds
The high discount rates abroad
of cotton exports.
and the uncertainty as to the outcome of the complications which had arisen with regard to Russia's act
terest
and corporation borrowing. It is noteworthy that seemed
one of the Wall Street banks Increased its cash by fiaance
$16,324,000, while another institution reduced this
the seizure and
to
make
it
large
desirable for bankers
who had
sold
procure sight exchange as promptly as
to cover these drafts.
The dear
discount in London stimulated the transfer by other
bankers, through cable transfer?, of balances to take
advantage of the high rates at the British capital, and in
the absence of a sufficient supply of exchange to meet
the extraordinary demands for these purposes and
also for remittance for securities sold in our market
for London account, excnange sharply rose, and by
bills to
possible with
which
Wednesday there was an advance, compand with
Friday of last week, of 66 points in long, 76 in short
and 80 in cable transfers, and the indications then
seemed to point to exports of gold to London. Inasmuch, however, as there were only about $4,000,000
commercial gold bars in the Assay Office, it was
negotiated Cuban loan, will be remitted in gold to evident that shipments of gold in volume would
Havana.
necessitate (xports
in
great part of coin, and there-
.
July
THE CHRONICLE.
30, 1904.J
fore exchaDge
would have to adTance
a cent per pound
quarters of
fully three-
documents for payment, 4 84^(^4 8540. Cotton for
payment, 4 84|^4 84 1^ ;
for
cotton
acceptance,
reduction 4 8475@4 8485, and grain for payment, 4 8535^4 8640.
make
gold
Moreover, the
gold in London
profitable.
shipments
sterllog to
473
bar
to 77
The following gives the week's movement of money
pence per ounce indicated that the
shillings
not in such request there as to make proba- to and from the interior by the New York banks.
metal was
ble the offering of inducements for its shipment hence,
Received by BMpped bv
Net Interior
Week ending July 29, 190i.
Moveinent,
N. T. Baniit ti. T. Banks.
and it could not be forwarded as an arbitration opera96,038,000
Oata. $S.120,M0
96,162,000
tion because of the high rate for Paris exchange Currency.
947.000
823.000 Qata.
I21,M0
On Thursday it was reported that Gold
on London.
$0,100,000
$5,896,000
«aln. $3,353,000
Total gold and legal tenders.
the Eussian Government had given satisfactory assur
With the Sub- Treasury operations, the result Is
ances to England that the question of the sinking of
as follows:
the Knight Commander would be amicably settled,
and Mr. Balfour officially announced in the House of
Jntf
Nft Change in
Cyutof
Week ending July 20, 1004.
Bankt.
Banks.
Bank HoMHtov*.
Commons that the acute stage of the affair growing
movement as above $9,100,000
95.866.000
Gain. 98.258.000
out of the B,d Sea incidents had passed and Banks Interior operations
27,300,000
24.800,000
Gaim. 2,600,000
Sab- Treasury
that Russia would withdraw the ships of the vol936.400.000
$30.«B8.000
Gain. »a.763.00«
Total gold and legal tenders...
unteer fleet. Upon the receipt of this news dis
The following table Indicates the amount of bullion
counts in London grew easier, the securities marIn the principal European banks.
ket, led by consols, improved, and iiflaenced by
in
the
of
price
9
these favorable
movements foreign exchange
fell off
more or less sharply. Bankers were of the opinion,
however, that the negotiation of (Inance bills would
not be re&umed for the present at least, as the profit
which might result therefrom would be so small as
It is noteworthy that
scarcely to justify the risk.
while sterling was active and higher, francs and other
Continental drafts were dull, fluctuating within a very
narrow range. Gold received at the Custom House
during the week, 130,042.
Nominal rates for sterling exchange are 4 85^@
4 86 for sixty day and 4 88@4 88^ for sight. The
market was active on Saturday of last week and, compared with the previous day, rates for actual business
were 5 points higher for long at 4 8460(^4 8475. and
cables rose 10 points, to 4 8780^4 88; short was unchanged. On Monday long and short advanced 60
points, the former to 4 8510(^4 8520 and the latter to
4 8755@4 8785, while cables were 40 points higher at
4 881 5@4 8840. On Tuesday long fell off 15 points,
to 4 8495^4 8505, but short rose 25 points, to 4 8780@
4 8785, and cables 15 points, to 4 8830^4 8835. Ou
Wednesday there was an advance in long of 25 points,
to 4 852C@4 8530; of 15 points in short, to 4 8795(^
4 8810 and of 20 points in cables, to 4 885C@4 8860.
The market was lower on Thursday in consequence of
the relaxation in the political tension in London, ae
above noted, and long fell 10 points, to 4 8510@4 8520,
short 25 points, to 4 877C@4 8785, and cables 25
points, to 4 8826(^4 8835.
The market closed easy on
Friday at a decline of 10 points for short and of 15
points for cables; long was unchanged.
The following shows daily posted rates for exchange
DAILT POBTBD KA.TK8 WOM FOXKIOH KXOHAMOB.
FBI.,
Frown
)
Brotheia
60 days
(SiKht..
60 days
Magoun & Co. {Bight..
Bank Britlsk
< 60 day*
No. America.. {sight..
Bank of
(60 days
Montreal
} Sight.,
Canadian Baak j 60 days
of Commerce.. \ Sight
Heldelbaoh.Iok- (60 dayf
elheimar a Co. {Sight..
Lazard
(60 days
Frerei
{Sight..
Merchant!' Bk. J 60 days
of Canada
{ Sight
4
22.
8SX
am
MON.,
July
!i6.
8SH
88«
86H
28, lOOi.
JuIv80,Xe03.
of
BSngland-.
108,';74,908
Total.
GoUL
Silver.
X
£
£
34.688.60f
36.058.? 71
36,068,271
45,085.663 153,8eo,671 102.467.738
18,463,000 47.838,000 35,653,«00
8,390,000 100,610,000 81,344,000
45,014,801 147,4S2,f30
1?.4P2,000 48.046.000
34,668,606
France. ..
Germany..
Russia
Silver.
£
Qold,
Aiis.-Hun.
Spain.
Italy
Netherl'ds.
36,470,000
08,880,000
4«,286,000
12,758,000
61,045,00('
20,416,000
22,362,000
5,475,200
3,050,687
14,823,000
Nat. Belg.
lotaL
£
8,978.000
00.382,000
13,066,000
20,468,000
58.494,000
36.052,000
18.088,000
2,315,200
81,303,200
3.940,400
6.52«,4«0
1,470,833
10,460,890
34.742,000
45,358,000
14.534.000
3,080,600
26,341.600
6,506.600
1,63S,3S8
11,981.800
4,576,000
2.040.667
4,411,9«0
Tot. week.. 384,623,880 111,135,196 47 5.768,67 341,234,076 110,324,734 451,658.810
Tot, prer.. 36a.3^3.471 110,417.186 473.800.fl67 338.486,722 100,767,863 448.264.685
•
1
THE PRINCIPLE OF THE OPEN SHOP.
We
doubt whether many persons have a thorough
made during the last
three years in establishing the principle of the open
shop and gecuring the rights of non-union labor. At
the pretent time when the country is suffering from
two great labor difficulties one the strike of the
employees at the beef- pacKlng establishments and the
other the walk- out of the cotton mill operatives at
Fall River besides a number of minor labor contests,
it is well to recall this highly Important and decidedly
encouraging fact. It would seem indeed as If the
battle for non-union labor and the open shop has been
won, even though the question may directly or
appreciation of the progress
—
—
again be raised in future controversies
between employer and employee, and even though
some establishments may, as a matter of convenience
indirectly
or policy, limit
work
labor organizations.
to those Identified solely with
The open shop means
of course
that a person shall not be deprived of hii right to
work, nor discriminated against, simply because he is
member of a labor union. It Is a civil r'ght ai
inalienable under our form of government as tke
not a
by some of the leading drawers.
July
July
Bank
TtJ«8..
WID..
July 26. July
85^
88H
.27.
8««
88H
F5K
6bH
^5^
8b«
political rights asserted In the
THtm.,
July
>iH.
8&M
88^
Declaration of Inde-
FBI..
July
80.
8«M
OH^
pendence and guaranteed by the Federal and State
constitutions.
Most
of all Is there cause for congratulatloa In the
circumstance that the question has not become a pob8
'i^
88M
88H
litical issue between the two great parties.
Thtre
86^
^5^
f5H
^«
^^
88
88
88
was of ccuise always a possibility that one party or
8fl
86
S«
86
8«
88
88
88
88
88
the other, out of a desire to gain the favor of labor
4 8.')K
^5^
esK
85X
f-5X
488
88«
8»«
8««
88>i
8eM
organizations with their large membership, would
4 85X
8r«
85^
86W
86^
4 88
88><
8^
88X
88H
seek to champion the cause of union labor as against
486
86
86
89
86
86
488
8f«
88
88W
88X
the relatively smaller body of laborers outside ^he
The market closed on Friday at 4 8510(^4 8520 for union organizations. Fortunately, neither political
long, 4 8770@4 8775 for short and 4 8810(^4 8820 for party has been led by the less intelligent and less encables.
Commercial on banks, 4 8475^4 8485 and lightened of its body of adherents to adopt a course
BariDK,
5
4 86W
4 88
85«
488
4 e5H
488
486
488
4
88
86«
88^
8fH
THE CHRONICLE.
474
[Vol. lxxul
com- Che acts of the President, and this particular act
of the open must be considered among the number.
mitted to the policy of
Moreover,
shop and the protection of non-nnlon labor. That the platform also commends him for having " held
such should be the case is obvloasly evidence that firmly to the fundamental American doctrine that all
in the estimation of those gnlding the deBtinles men must obey the law" and "that justice and equal
of the two parties, denial of the right involved in the protection, under the law, must be secured to every
principle referred to is not a doctrine on which a citizen without regard to race, creed or condition."
snccessfnl appeal conld be made to the American It is plain, therefore, that the question of the open
shop Is not and cannot be a political issue certainly
people.
The Democratic Party Is of course the one for whose not at this election which for reasons already given
attitude most fear was felt. Being the opposition party 1b a great point gained.
It should also be remembered that the subject of
it naturally comprises within its ranks all the malcontents and discontents to be found in the country, for the rights of non union labor was directly raised and
these have nowhere else to go when the dominant uncompromisingly fought out at two of the moat
party refuses to sanction their peculiar doctrines and important labor controyersies of recent times. The
Besides, the Ddmocratlc Party has a record first occasion when the matter came up in a clear and
notions.
of having Identified itself many times in the past with unequivocal form was at the time of the great steelsome of the rankest heresies of the day. It is, there- workers' strike in 1901. In that conflict no question of
The contest hinged solely on the
fore, an occasion for re j >lcing to find in the political wages was at issue.
platform adopted at St. L}ui8 the folio mng pro- attempt of the Amalgamated Association of Iron, Steel
nouncement under the head of ''Constitutional Guar- and Tin Workers to compel the constituent companies
of the United States Steel Corporation to unionize all
anties''
their mills.
Mr. J. P. Morgan then stood out for the
Oonstltutional guaranties are violated whenever any
right of every man to work free from Interference,
citizen is denied the right to labor, acquire and enjoy
property, or reside where interests or iDclination may whether he holds membership in a urion organization
determine. Any denial thereof by individuals, organ- or falls without the pale of its lEflnence. He was
izations or governments should be summarily rebuked
willing to make concessions in other respects, but
and punished.
would not yield on that point. In taking such a
There are parts of the foregoing which are evidently determined stand on that occasion, he rendered a
intended to refer to the case of the deportation of great service to the whole body of employers everystrikers from the Colorado mining regions, but the where, and pointed unmistakably to the path of duty
The Amalgamated Assodeclaration is broader and more comprehensive than at future similar occasions.
"The right to labor * * * where interests ciation acknowledged defeat the following September
that.
or inolinatiion may determine" evidently embraces and came out of the struggle with the number of Its
likewise the case of a non-union man seeking to exer- members in the Steel Corporation considerably recise his right to employment against the efforts of the duced.
There was still another and even greater labor conunion man to deprive him of the same. This conclusion is further emphasized by the second sentence flict when the same matter was one of the points at
We refer to the anthracite coal miners' strike
in the paragraph quoted, saying that "Any denial issue.
thereof !^by Individuals, organizations, etc., should he of 1902. It will be recalled that after the miners went
summarily rebuked and punished." The right re- on strike they sought by every means in their
ferred to has frequently been denied in labor contro- power to prevent others from taking their places
resorting to intimidation and to violence, in
versies by ''individuals" and hardly less frequently by
"organlzatious." Are we not justified therefore in some instances even committing murder to accomassuming that the purpose In Inserting the plank plish their purpose. The question was therefore
one which, with others, came up for considerareferred to In the platform was to put the seal of con
demnatioi) on attempts on the part of individuals and tion and settlement by the Special Anthracite
labor orgaiiizations to prevent non-union men from Coal Commission appointed at the instance of Presexercising their Inherent right to work when and how ident Boosevelt. That Board clearly and emphatically
they please so long as they do not infringe upon the expressed its condemnation of the practice of seeking
to prevent non-union miners from taking the places of
rights of others.
cannot find any express declaration on this striking union miners. It said that "the right to reWe
question in the Eepublican platform. But the posi main at work when others had ceased to work, or to
tion of that party is well known.
President Roose- engage anew in work which others had abandoned, is
velt in July of last year took pains that the attitude part of the personal liberty of a citizen that can never
of the Federal Government on this point should not be surrendered, and every infringement thereof merits
be misunderstood when he ordered that William A. and should receive the stern denouncement of the
Miller, who had been removed by Public Printer law." These are obviously words (judging from the
Palmer from his place as assistant foreman at the scenes witnessed the present week at the West), the
Government Printing Office because he had been ex striking employees of the beef-packing establishments
polled from Local Uoion No. 4 of the International should take to heart.
Brotherhood of Bookbinders, should be reinstated in
The Coal Commission also declared that while "the
It will be recalled, too, that Mr. worker has the right to quit or to strike in conjunchis old position.
Boosevelt at that time issued a peculiarly con- tion with his fellows when by so doing he does not
Tincing statement pointing out that membership violate a contract made by or with him," he has
or nonmemberiihip in a labor organization could "neither the right nor the license to destroy or to
not be made a test or a condition of employment in damage property of the employer, nor has he any
any branch of the Government service. The Ed- right or license to intimidate or use violence against
publican Party in its platform in effect endorses all a man who chooses to exercise his right to work."
of that kliid.
Both
atem
the maintenance
parties Indeed
to be
—
:
—
—
July
THE CHRONICLE.
30, 1904.J
475
Furthermore, that "a labor or other organization on various grades of finished goods and bars, 7^ per
whose purpose can only be accomplished by the vio- cent on wire rods and plates and 10 per cent on
lation of law and order of society has no right to sheets.
So much for the actual recommendations of the
It also said that "the right and liberty
exist."
The
to pursue a lawful calling and to lead a peace- commission, which are somewhat tentative.
ful life free from molestation or attack concerns point of larger interest la the argument by which the
the comfort and happiness of all men and the denial commission, in Its voluminous document, undertakes
In brief, it takes
of them means destruction of one of the greatest, If to defend and recommend duties.
of the benefits which the social the position that England's export trade is losing
not the greatest,
It asserts that, at the end of the seventies,
organization confers." The Goal Commission likewise ground.
condemned the boycott and gave expression to some Iron production In the United Kingdom was 45 per
other wholesome truths, which will be found set out cent of the total production of the world, and was as
more at length In an article published In our issue of much as the total output of the five producing
March 28 1903, page 679. The result of that mem countries next in Importance ; wherea?, to-day United
orable contest, hencu, was that while the striking States stands first, Germany second and Great Britain
miners got an adyance In wages and gained some third, the total output of the United States now
other points, the rights of non>unlon labor were fully being but slightly less than that of the United
Kingdom and Germany taken together. As to
sustained.
Altogether, therefore, while the business world Is steel, the report points out that the annual output
of Great Britain in the period 1876 80 was one-third
still vexed by labor disputes of one kind and another,
and will doubtless continue to be so vexed until of the total output of the world, whereas it is now
universal peace Is attained, a great advance has been one-seventh; the United States and Germany having
made the last few years in having the rights of non- each Increased their proportion of the world's output
union labor so clearly defined and so Incontrovertlbly in the meantime. In this the commission professes to
see evidence of decay in British trade, and after recitestablished.
ing various subordinate causes for this decay. It comes
flatly to the conclusion that the handicap under which
TARIFF COMMISSION'S English trade is now alleged to be suffering is the
THE
REPORT.
practice pursued by competing countries of protecting
This week's mall has brought to hand the text of their home market by high tariffs, and then " dumpthe report made by Mr. Chamberlain's Tariff Commls Ing" their surplus product on the E3gllsh or neutral
The body from whom this document proceeds maikets at a minimum profit or at a loss.
slon.
occupies a somewhat remarkable position. Nothing
We have not the space to go into the various allegaIs more usual in British governmental aSalrs than the tions made by the Commission regarding this practice;
appointment by the Grovernment of a commission of the theory and facts are generally familiar to our
experts to examine Into, take testimony on and report readers.
It will, however, perhaps be worth while to
regarding a subject bearing on current look into one or two of thd conclusions drawn by the
conclusions
legislation.
This was the nature of the numerous report in this direction and test them by certain other
gold and silver commissions of the past two known facts.
la the first place, attention should be
decades,
the
commissions
on agricultural de called to the feature that what the Commission deals
pression, and others too numerous to mention.
The with is a world wide phenomenon not necessarily conpresent commission, however, in no respect owes its ap- nected at all with the tariff question.
It is that the
pointment to the Government or to any public official. capacity for production, taking the world as a whole,
Its membership was virtually named by Mr. Cham
has Increased of recent years much faster than conberlaln himstlf, after he had retired from the British suming capacity. The figures of the Commission,
Cabinet.
It nominally represents his league; but its which are substantially correct, show that the ratio
position la not official, and although the document of increase has been greater in the younger countries,
which It now puts forth is a volume of 1,200 page 8, such as Germany and the United States, than in Great
it stands necessarily as the production of a bcdy of
Britain.
To at least some extent, however, this conmen having no standing whatever in an official capac- tention may be answered by the fact that these connity.
This is something quite unique, considering the tries had a lower level of output from which to start,
gravity of the conclusions which the document un- and In the case of the United States undoubtedly
dertakes to draw.
It is only fair to add, however, enjiyed larger facilities for cheap production In
that the Commission was made up with great care for bulk.
the standing of the men Invited to serve, and that,
The statement that ** the practice of ' dumping
although the mere fact of their accepting such a fane could not be carried on by foreign countries but for the
tion proved their partisan attitude, neverthelees their British system of free Imports," is open to more sericonclusions will be listened to with respect.
ous criticism. No one who recalls the fiscal dtsousThese conclusions may be summed up briefly In the slons of the early nloetles la this country will have
CHAMBERLAIN
following
propositions:
That
maximum
protective
manu
tariff, how
duties of 10 per cent be placed on competitive
forgotten that a precisely similar allegation was then
made regarding
British shipments of competing goods,
We had a high probut la the excess of E iglish production
meet discriminating tariffs Imposed by a given coun- of the day, this proved to be practically no barrier,
try against Brlthh goods; that under certain recip- lb was at that time that the curious notion of " the
rocal conditions the entire tariff be remitted in the foreigner who pays the tariff tax" gained its place in
case of imports from the colonies.
To some extent political arguments. Here was an Identic^il parallel
duties on the general tariff are specifically recom- to the present alleged conditions, not In a free trade
mended, such as 6 per cent on pig Iron, 6:^ per cent country, but in a hlghly-proteoted State. We are
factnres imported into Great Britain; this
ever, to be subject to increase in case
it is
necessary to
notably iron, to this country.
tective tariff
;
THE CHRONICLE.
47«
maoh
Inclined to think that
It
shatterB at once iht
contention of Mr. Ghamberlaln'a commission.
The real change which. In our j dement, has come
over the world's Iron marke!; since the period In the
ci
[Vol.
Lixix
through which alone the Tory Mlulitry have
oeen able these past few years to maintain their
political ascendency, has been split in two.
Its
P«ri.y,
most influential members, such as theDakeof Djvwhich the report allndes, Is the growth of onshire (formerly Lord Ilartington), L >rd Goschen
capital and of economical production in countries and Lord Avebury (formerly Sir John Lubbock) have
which formerly were England's most profitable formally withdrawn from membership and have started
a rival organization, the old Liberal- Uoioniat Club
customers. The briefest possible glance at the sta
meantime choosinij; Chamberlain as its President. On
tistics In the matter will show that between the period
referred to and the present, England has lost an the other hand, signs have multiplied that the Billenormous export trade In iron to the United States, four Ministry is committed to Mr. Chamberlain's
but has gained still more heaylly in other directions. propaganda. This has been shown, not only by the
fact that Cabinet Ministers such as Lord Lansdowne
II; lost this trade, not, in our opinion, because of artihave been present on the platform at meetings in
ficial barriers erected at the American Custom House
honor of Mr. Chamberlain, but by the actions and ut^fcr those existed also in the days of England's
shipments to this country but because of terances as to the Premier himself. Ii; will be recalled
heaTiest
the rise In the American iron producing indnstr; that even as long ago as Mr. Chamberlain's resignawhich followed our growth of population, of capital, tion from the Ministry, Mr. Balfour wrote to him as
and enterprise in the decade past. Much the same follows:
''If there ever has been any difference between us
may be said of Germany. Protectiye tariffs in Great
In connection with this matter, it has been only with
Britain would not change this situation.
But not to prolong too greatly this phase of the regard to the practicability of a proposal which would
aeem to require on the part of the colonies a limitai!; is pertinent to ask what sort of position
diecnssioc
would be created if England were to place Itself in tion in the all-round development of a protective
precisely the attitude which the Oommlssion alleges policy and on the part of this country the establishto be occupied by Garmany and the IJaited States ? ment of a preference In favor of Important colonial
What we should then see would be a group of pro- products."
ducing nations, each as before with a certain annual
IRON PRODUCTION THE FIRST HALF
surplus to dispose of, which In times of necessity
OF 190Jf.
they would sell at a sacrifice eyen in countries where
high duties were imposed, as England did in our
The official statistics of pig iron production for the
market in the nineties. The upshot, we would say, first half of the current calendar year were made
would be that no one would benefit except so far as public this week by the American Iron & Steel Assothe manufacturers were able, through their do ciation through Mr. James M. Svank, its Ganeral
mestic tarifEi, to charge exorbitant prices in their Manager. Considering the Intensity of the depreshome markets. But if such prices were to be sup sion prevailing in the iron and steel trades when the
posed, the result necessarily would be a further great half-year began, and considering also the downward
Such artificial reaction which occurred again at the close of the six
increase of competitive production.
atimulas would react against the very purposes whose months after the revival which came in March, April
achicTement had been desired. Kot only, eventually, and May, the make of iron is doubtless larger than
would home market profits be curtailed, but the greatly moat persons supposed it would be. In this fact,
eighties to
—
—
—
—
—
Increased competition In disposing of
the surplus
product would go far toward upsetting the world's
whole commercial position. Where Eagland has lost
ground in the Iron trade daring the generation past has
not been in the development of its own market but in
Exactly
Its power over outside consuming markets.
how that loss is to be made good, through imposition
of 10 per cent or more, on goods imported into
Eagland, we fall to understand. As to the possible
grave dangers Involved in such tampering with the
basis of prices which for half a century has made
England pre-eminent In the foreign trade, it appears
to us that this is entirely overlooked In the Chamberlain Commission's document.
To the political aspect of the Chamberlain
propagandai as set forth by the Commission, we
There saems
can refer at present only briefly.
to be little doubt among trained political observers
that submission of the question to the British electorate at the present time would result in severe
defeat for Mr. Chamberlain. This is the inference
which has beenjlforced on all observers by the byelections since the Chamberlain campaign began,
which havd almost uniformly gone against his poll,
As to what may follow in the longer future^ or
cles.
however,
the
official
results of unofficial
returns
merely
conflrm
investigations as disclosed
the
month
by month.
the United S:ate8 produced 8,173,4B8 tons
This is very
of iron in the first six months of 1904.
In
brief,
close to the
amount
of iron
made
in the last half of
which was reported at 8,301,886 tons, though of
course it falls much below the output for the first
half of 1903, which proved to be 9,707,367 tons, and
was the very largest of any half-year in the country's
1903,
Conditions the present year have been so
from those prevailing the first half
there having then been extraordinary
of last year
buoyancy and high prices, while the present year there
history.
radically different
—
—
have been reduced prices and limited demand that
that the falling off in 1904
it is really surprising
Ai comso small.
should have been relatively
pared with the first half of 1903, when the
output was the largest reached up to that time, the
falling off is only 635,000 tons, or but little more than 7
per cent. We may go further and say that the United
States had never up to the second half of 1901 turned
out an aggregate of eight million tons of iron in any
It hence follows that iron properiod of six months.
duction in the first half of 1904 was larger than in any
Indeed as to precisely what political situation would be half-year prior to the second half of 1901. In fact, it
created by a Liberal victory, these are not easy matters would not be necessary to go back a great many years
on which to m^ke prediction. The L'beraMJnlonist to find an aggregate of only eight million tons for a
July
THE CHRONICLE.
30, 1904.]
477
months, as against the 8,173,438 tuns reversed, exports have again been on a considerable
In the two scale.
of iron made In the first half of 1904.
tons of iron were proThe export aid import figures in detail for the full
halves of 1893 only 7,124,603
It is
duced and in the two halves of 1896 altogether 8,623,- six months have just become available.
127 tons. The following shows the make of pig iron found that of pig iron alone the imports were only
44,012 tons in 1904, against 462,461 tons in 190B,
by half-yearly periods since the beginning of 1893.
PBODUCTIOH OF PIO DBOM IN HAU>-TBABLT PBBIODS.
while of all kinds of iron and steel the importations
Qros8 Tons.
Qrott Ton$.
1899— l8t half
6,289,16? dropped to 164,457 tons in 1904, against 830,449 tons
1893-l8t half
full period of 12
Hf ?'^»f
2,561,584
2d half
1894-l8t half
2d half
1895-l8thalf
2,717,983
3,939.405
4,087,558
5,358.750
4,976,238
3,646.891
4.403,476
.5,249.204
5,869,703
5.904,231
=
2d half
1896-l8thalf
2d half
1897-l8t half
2d half
1898-l8thalf
2d half
2d half
1900— lat
7,331,636
7,642,569
6,146,673
7,674,613
.8,20»,741
8,808,574
9,012,733
9,707,367
8,30l,n85
8,173,438
half
2d half
1901— let
half
2d half
1902— l8t half
2d half
1903— l8t
half
2d half
1904-l8thalf
Classifying the fron according to the character of
the fnel used in its production, and placing this
year's figures in juxtaposition with those for the cor-
responding period in previous years, the
is
comparison
as follows.
PRODUCTION OP IRON ACCORDING TO FUEL USED.
.Fir«t
1904.
Six Montfi*.
Bltnmln'ns coal
& coke
Mized anthr. A coke.
1900.
1901.
1902.
1903.
7,537,879 8,401,001 7,883.782 6,597,37H 6,469,714
607.624 1,016.461
15,17f
26,261
«13.35f
332,717
1899.
5,478.665
Total
73V 40
866,024
990,667
682,027
186.098
194,231
128,486
6.004
17,979
167,146
25,042
8,173,438 9,707.367 8,808,574 7.674,618 7,642.569
Anthracite alon*
Charcoal
Hlx«d obarc»al i coke
6,289.167
342.907
446,020
127,193
68,309
927
1
aggregated 11,711 tone, against 7,467 tons in 1903.
The improvement here, however, is trifling alongside
the increase in the exportation of the finished prodOf all kinds of iron and steel
ucts of iron and steel.
(Including pig) the exports reached 492,370 tons,
against only 131,438 tons in 1903.
admitted that these various statistics reveal
decidedly encouraging features. Particularly gratifying Is the circumstance that the total of unsold
stocks is relatively so small. Mr. Swank, in reporting
stocks, does not take account of pig iron manufactured
by rolling mill owners for their own use, which means
that he does not include stocks of iron held by the
But these steel companies are also
steel companies.
understood to have on hand only very light supplies
It will be
That the situation is so satisfactory in this
particular is owing to the policy which the steel com-
of iron.
ITniold st«ck8—
June 80
December 31
623,264
Note.— In above
The exports tell an equally significant story.
Our shipments of pig iron in the six months of 1904
in 1903.
128,301
691,438
374,129
78,647
30,861
49.951
stocks are included amounts reported held by the
panies pursued towards the close of last year the
it became apparent that the demand for iron
American Pig-iron Storage Warrant Company.
moment
This table bears out what has already been said as
make of iron, the total be
ing in excess of that of the first half of any preceding
year barring only 1903 and 1902. Much the same
statement applies when speaking of the accumula
tlong of unsold stocks.
These unsold stocks very
naturally have increased, but they cannot be regarded as at all large or excessive. The amount June
30 1904 is given as 633,264 tons, as against 691,438
tons December 31 1903 and 126,301 tons June 30
well as of steel, l:ave greatly diminished, while on the
They at once curfallen off.
output of steel, and as this reduced their
tailed their
requirement for iron large numbers of their furnaces
were put out of blast. Indeed, they out down their
make of iron fully 60 per cent.
Mr. Swank in hia statements does not show the
production of Iron by monthi, but as the "Iron AgeV
his aggreclosely with
correspond
so
figures
gates for the half years (our contemporary's figures
running somewhat smaller because it does not take
into consideration the production of the charcoal furnaces which turn out 20,000 to 30,000 tons of iron a
month), its monthly totals, as set out In the following,
They constiwill answer for purposes of illustration.
tute very desirable data, too, because forming an
Interesting part of the leoord of the history of the
last twelve months.
other hand our exports have very largely increased.
As the reader knows, special efforts have been made
MONTHLY PIG IRON PRODUCTION.
By Steel
to the extent of this yeat's
1903.
The explanation
of the relatively slight increase in
itocks and of the comparatively small shrinkage in
output is found in the great change which has occurred in our foreign trade in iron and steel. Our
imports of pig iron and also of other forms of iron, as
to extend the export trade in iron
products.
The
and
steel
contrast between the
and
their
early part of
and
steel
1903—
make up
the deficiency in the
home
supply.
The
which existed at the time is well illustrated by the fact that the American Pig Iron Storage
Warrant Co. held no iron whatever at any of its yards
on June 30 1903 or on December 31 1902. On Juno
scarcity of iron
30 1904 this company held 78,600 tons of pig iron In
Its yards, this forming part of the 623,264 tons of
unsold stocks of all kinds reported June 30 1904.
Companies,
January
February
1903 and the first half of 1904 in these respects has March
AprU
been very striking. The situation last year was that May
the demand for iron and ateel was so large
and active that home producers, even under the
great
expansion in
domestic, production,
were
utterly unable to keep up with it, and recourse
therefore had to be had to the foreign markets to
had greatly
Jane
August
September
October
November
December
1904January
February
March
AprU
May
June
It
May
To'al product.
987,855
993,564
956,363
829,215
553,067
406,730
641,581
676,289
651,389
558,329
677,562
597,354
596,443
486,565
439,965
1.472,788
1,390,615
1,590,470
1,608,431
1,713,614
1,673,228
1,546,184
1,571,126
1,553,717
1,425,658
1,039,622
846,695
502,994
756,230
913,412
974,006
927,534
788,822
418,237
449,219
533,653
581,261
605,816
503,208
921,231
1,205,449
1,447,065
1,555.267
1,533,350
1,292,030
966,850
fc
July
Furnaces.
tons
1,037,325
1,021,839
be seen from the foregoing that while iu
and June of last year the steel companies turned
will
and 1,021,839 tons of
With home supplies inadequate to meet home de iron, in December their make ol the metal was no
mands, exports of iron and steel to foreign countries more than 406,730 tons.
From this there was
the first half of 1903 naturally dwindled to small pro- improvement month by month until April 19C4,
portions.
The present year, with this state of things when the iron product of the steel companies
out, respectively, 1,037,326 tons
THE CHRONICLE.
478
again rose to 974,006 torn, from which there was a
The merdecline once more to 788,822 tons In Jane.
chant fnrnaces, it will be noticed, also curtailed their
ontpnt of Iron, but not to anywhere near the same ex
tent.
Their maximum fi^are was reached in May
1903, with a product of 676,289 tons, and their minimum figure in January 1904, with a product of 418,
237 tons. In May they had got back to 605,816 tons,
but reduced to 503,208 tons In Jane. These mer-
[Vol. lxxlx.
the International Navigation Company (International
Mercantile Marine Company) and the Erie & Western
Transportation Company (Pennsylvania Railroad).
Under
ment Co
broad charter the United Gas Improve-
its
of Philadelphia
April 1894
it
made
rapid progress, and in
controlled gas plants in thirty-three cities
States, eleven of them by lease and the
remainder by stock control. Subsequently, with the
growth in importance of electricity for lighting and
of the
United
chant furnaoesj however, more particularly those In other purposes, the acquisition of electric light and
the Central West, are now beglaning to feel the power plants and, later still, electric street railways,
effects of the oessation of buviag in the open market either singly or in connection with lighting properon the part of the steel concerns, and it would seem, ties, followed most naturally.
President Dolan, writing under date of May 4 1903,
therefore, that they will be obliged to practice more
unless, indeed, the gave a list both of the companies controlled by The
rigid curtailment in the future
United Gas Improvement Co. and the localities served
demand for iron should yery greatly revive.
thereby.
This list disclosed the fact that the comTHE UNITED GaS IMPROVEMENT GO. pany was operating in sixteen States, and that the
OF PHILADELPHIA.
cities, towns, township and boroughs included within
On a subsequent page, under the heading "Annual Its system were distributed as follows:
Reports," is given the first statement ever made pubMUNICIPALITIES SUPPLIED WITH GAS IN 1903.
State—
No.
State—
State—
No.
No
lic of the capitalization, dividend payments, terms of
Pennsylvania
17 Nebraska
2 Kansas
1
or leased
control, etc., of the various companies owned
New Jersey (4 co'e) 43 Florida (2 oo's)
2 New Hampshire... 1
2 Minnesota
by The United Gas Improvement Co. of Philadel- New York (2 co'8)..22 Georgia (2 co's)
1
—
Connecticut (2 co's) 7
lova (3 companies) 3
phia.
Wisconsin
Missouri
South Dakota
1
1
1
1
Vermont
This statement is timely, not only because of the
Mississippi
1
MUNICIPALITIES SUPPLIED WITH ELECTRICITT IN 1903
pending sale of the company's Westchester interests
to the Consolidated Gas Company of this city, but on New York (2 co's) ..24 Pennsylvania(3 co's) 18 New Hampshire.
New Jersey (2 co's). 49 Connecticut
10 Iowa
account of the remarkable growth of the company itFlorida
1
self and the extension of Its field of operation to In
HUNICIPALrriES SEBVED BT TBOLLEY BOAD8.
24 Rhode Island
<:lude electric light, power and street railway enter- Conneotlout
|
named bringing it in direct competiNew York New Haven & Hartford Rail-
prises, the last
tion with the
road Company, which is thought by some to covet the
ownership of the Improvement Company's trolley
holdings. The transfer also under lease and otherwise of the company's extensive lighting properties In
Northern New Jersey to the great trolley company of
that State was also made within a comparatively short
time on terms that are of more than usual interest.
The Philadelphia Company was of moderate size and
expectations when on June 1 1882 It was organized
under the general statutes of Pennsylvania with
$1^000,000 each of stock and bonds. Its purpose was
to manufacture and sell apparatus for what is known
"In order to secure the introduction of
as water gas.
method of manufacturing gas, which in 1882 was
this
comparatively new and untried^ it became necessary
to lease the plants of existing gas companies, assuming with the obligation to finance the cost of apparatus for manufacturing gas under the new system, the
obligation to advance fundi for the extension of
plants of the lessors to meet the growth of business."
It was soon found that the business could be more
profitably prosecuted by the purchase of the stocks of
the operating companies, and as the general law did
not permit the ownership of stocks and bonds in other
corporations, the charter of the Union Contract Com
pany was purchased and in May 1885 the two corpora
tions were merged by exchange of stock and bonds,
The charter so acquired is said to
dollar for dollar.
be one of six issued in Peniisylvania, permitting not
only the coustruction and maintenance of any work,
public or private, but also the ownership of securities
of any form, either as collateral or otherwise. Ti e
five other charters are owned, respectively, by the
Pennsylvania Compary (Pennsylvania Rdlroad sys
tem), the National Transit Company (S andard Od
pipe line), the Philadelphia
Company
of Pittsburgh,
. .
1
1
28
SUBSIDIARY COMPANIES OPERATING THROUGHOUT THE UNCTED STATES.
Welsbaoh Company, incandescent gas mantle supply company.
United Lighting & Heating Co., street lighting by means of lampa
using gas and gasoline under patents.
NoTB.— In various cases, of course, both gas and electricity is fnrnlshed by the same sub-company.
Since the aforesaid
list
was
The United
f urnisht d.
& Improvement Company
Gas
has sold one electric
company (serving 39 municipalities) to the Public
Service Corporation of New Jersey and has leased to
the same company all its remaining gas and electric
power properties in that State. If the neGas Company of this
city for the lease of the Westchester Lighting Company (which serves 31 places) goes through as expected, the Improvement Company will be relieved
from the operation of by far the greater part of
light and
gotiations with the Consolidated
its electric
light properties, together with
gas plants
and will have the promise
large and increasing income therefrom, without
a
of considerable importance,
of
any further expense to
itself.
The gradual expansion
of the
company and
Its
growth in prosperity appears from the following:
<— Oapitalizalion Dee. 3l.->
Calendar year
1903
1902
1901
1900
1899
1893
1897
1896
1896
1894
1893
1892
1891
1890
1889
1888
1887
1886
1885
1884
1883
1882
Slock.
$36,674,985
28,014,050
22,473,150
22,238,600
14,981,250
14,761,550
11,394,650
11,394,650
9,909,050
9,909,050
9.909,050
9,909,050
9,411,700
5,000,000
4,249,300
3,999,900
3,000.000
1,443,800
1,293,800
1,293,800
1,251,175
827,760
Dividends Paid,
Bondt.
Amount.
None
$2,^69,349
2,018,238
1,797.728
1,553,768
1,194,352
978,910
911,572
2,368,217
792,724
792,724
792,724
792,724
695,574
400.000
339,944
319.142
209,700
86,623
77,628
Paid July 1
$1,000,000
1,000 000
1,000,000
1,000.000
1,000,000
1,000.000
1,000.000
1,000.000
1,000,000
1,000.000
1,000.000
1,000,000
1,000 000
1,000.000
1,000 000
1,000,000
1,000 000
1,000 000
1,000 000
300,000
None
None
None
P.eU
8
8
8
8
8
8
8
38
8
8
8
8
8
8
8
8
7
6
6
..
..
••
July
THE CHRONICLE.
30, 1904.]
—The National
Btook Issaes have been wholly or iuoat>y
latter valuat par to shareholdere, giving the
able rights from time to time^ In addition to divi-
Newark Banking Compaoy of Nc-wark,
which enjoys the enviable distinction of being
the oldest bank in New Jersey, celebrates its one hundredth
anniversary to-day. We have been allowed to see some of
the proof-sheets of the company's illustrated souvenir book
(now in the press of Robert Grler Cooke of New York City)
commemorative of a century of existence. The compilation
of this valuable little work was one of the last labors of the
late Charles Or. Rockwood, one of the bank's distinguished
presidents, who died on the eve of his ninetieth birthday*
July 17, the present year, and who therefore did not live to
s^e the appearance of the book. The book is intended for
private circulation among the friends of ihe bank and will
contain a descriptive record of facts and incidents connected
with the history and work of New Jersey's oldest financial
The new
New
dends.
Bat while the shareholders have fared well, the
municipalities included in the company's operations
seem to have er j )yed such service as only a corpora
abandart capital and desirous
tion possessed of
of
Poor, scat
giving liberal treatment could afford.
rebuilt or replaced, consolitered plants have been
dated and nursed along, until in the courae of time
they become remunerative. Touching the policy
pursued by the company regarding rates we may
instance the action of its subsidiary, the Minneapolis
Gas Light Co., which on June 1 1904 reduced Its
price for gas from $1 20 to II 10 per thousand cubic
Since 1881 the following reductions had been
feet.
Oct. 1883, 13 60 to
made by the same corporation
to $1 80 ; Jan. 1891, to $1 60 ;
$2 60 ; March 1886,
March 1896, to $130; Jan. 1901, to $120; June
This bank, whose history and growth are synonymous
with that of the city of Newark and the State of New Jersey, was founded February 18 1804, commencing business
July 30 1804 a3 the Newark Bankiog & Insuraoce Company.
On March 31 ISHSits title was changed to the Newark Banking Company, and after entering the National Banking As
sociation on June 24 1865 the institution adopted its
csme. Mr. Elisha Bondinot and Mr. Wilpresent
liam Whitehead were its first President and Cashier.
The presidents since then who have served long terms have
been as follows General John N. Cumming, 1815-1820; Silas
Condit, 1820-1842; John Taylor, 1843-1854; James B Pinneo,
1854-1887; Charles G. Rockwood, lfc87 1902. Mr. Elward S.
Campbell, its present executive, was elected a director and
1904, to $1 10.
As indicating the far-sightedness
manage-
of the
interesting to note that under the agree-
it is
:
ments entered into
Corporation of
last
New
year with the Public Service
The
Jersey the sums payable to
Halted Gas Improvement Co. gradually Increase nntl^
the
maximum
aggregate amount
on the average 60
p. c. of
panles concerned,
Its
Vice-President January 2 1894.
received In 1913.
Is
we suppose the Improvement Company
If
resigned the presidency in
to have held
income receivable from the
from $379,500 for the first year
tenth year and thereafter:
UTOOHB, ASBUUINO 60
P, 0.
to $1,182,000
First year.
<&
Eleotiio
Co
Total
The
prices
$1,182,000
James
00[),
that were necessary for the
comprehensive plans have not
infrequently
of Its
called
comment,
adverse
forth
out
subsequent results, as In the case
just mentioned, have gone far to silence criticism.
There are at least two other smaller companies, one
with headquarters at Philadelphia and one with Nrw
York men at its head, which have done well In slmlUr
yentnres; but it Is olear that with the local plants
held, as they practically always are held, at pretty high
valuations, their purchase and operation is fraught
with danger unless the best of judgment and constant
a
as
economy
are exercised.
ITEMS ABOUT BANKS, BANKERS AND TRUST GO'S.
—The only public sales of bank stock this week were
of stock of the Nitioaal Bsink of Commerce, of which
183 shares were sold— 26 shares at auction and 163 shares at
the Stock Exchange. The transactioas in trust company
stocks reach a total of 138 shares. The price paid for 6 shares
of stock of the N, Y, Security
Trust Co. shows an advance
&
of 13 points since the last previous sale in
Baitks— /Tcte lorH.
*188 Oommeroe, Nat. Bank of
Mharta.
May.
Price.
I083i-209i«
Loit previous sale.
July 1901— 208
TB08T Companies -ffeto York.
100 Merchants' Trust Oo
15 Metropolitan Trust Uo
5 Mutual Alliance Trust Co
6 N. Y. Seourltr & Trust Oo
12 U. a. Mortgage & Trust Co
*
Of
this
important features.
—The directors of
rule
care and
187%-18ei«
May 1904— 200
601-601>4
19041^04—
May 1904—
Apr. 1908-
200
619««
410\
Apr.
Apr.
601
200
606»o
476>4
amount, 108 shares were sold at the Stock EzchauKe.
C.
surplus of $1,000,000, undivided profits of over $400,000
and over $5,000,000 deposits.
When the book in its complete form issues from the press,
we may take occasion to refer to it again, and note its more
which the management has had to pa;
some
Rockwood
Dennis,
8.
9316,000
312,000
504,000
160,000
for particular properties
success of
after forty-four years
James A. Banister, Frederick Frelinghuysen,
McDonald, H. T. Brumley, James P. Dusenberry,
J. O. H. Pitney, Edward S. Campbell, Edward L. Dobbins, Ellas O. Doremus, Matthew T. Gay, D. H, Merritt,
James S. Higbie, James M. Seymour, C. Edwin Young and
Albert H. Baldwin. The institution has a capital o^ $1,000,-
Tenth year.
$379,500
Hudson County Gas Oo
Paterson & Passaic Gaa
Charles
1903,
and director,
Campbell was unanimously elected his successor^
At the time Mr. Campbell became President the Newark
City National Bank was consolidated with the company. Besides President Campbell,the banking ad ministration includes:
D. H. Merritt, Vice President; A. H, Baldwin, Second VicePresident, and H. W. Tunis, Cashier. The following gentle*
men make up its directorate: James R. Sayre Jr., Samuel
for the
$72,000
136,500
126,000
45,000
G
When
Mr.
OF STOCK OWNED.
United Eleotrlo Co
EBsex & HadBon Gas Oo
May
of jnlnterrupted services as Cishier, President
com
Pub
the shares of the four
Service Corporation should Increase year by year
lie
Jersey,
institution.
:
ment,
479
the Lincoln National
Bank
of this city
have recently declared a quarterly dividend of three per cent,
payable to stockholders on August 1st. As is known, this
mstitution distributes eighteen per cent per
shareholders.
annum
to its
—On the 23d inst. the Comptroller gave his approval to the
organization of the Buttery Park National Bank of this city,
referred to at length in our issue of the 16th inst.
—The
stockholders of the Eastern Trust Company of this
a special meeting on Monday, authorized the dissolution of their institution. As will be remembered, this action
was recommended a month ago by the directors, they having
become convinced that it would be to the best interests of
the stockholders that the corporation be wound up. No
votes were cast against the proposition, and the following
resolution was adopted by the full stock vote :
Resolved, That In the facts reported to them by Mr. O. M. Jesnp,
city, at
the President, the stockholders of the Eastern Trust Oompany tind
evidence of the wise conservatism with which the affairs of the company have been managed by Its President, other executive oinoers and.
board of directors; that the thinks of the stockholders be tendered
to hf Prrstrlent and to snch ollloers, and th^c this resolution be enered U| on the minutes of this m-etlog and copies thereof sent to all
ot the otUoers and stockholders of this oompany.
<
—Mr. Leonard H. Groesbeck, formerly Cashier of the
Third National Bank of Syracuse, has been elected to the
Cashiershlp of the Salt Springs National Bank of Syracuse.
—The resignation of Mr. Henry A. Redfield as President of
the Phoenix National Bank of Hartford, Conn., tendered to
the directora this week, has reluctantly been accepted. Mr.
THE CHRONICLE.
480
who has been with the bank siDce 1860, and has held
the position of President since 1876, desires to be relieved
from the duties of the oflSoe on account of ill health. His
euccessor has not yet been chosen.
Bedfield,
—Besides a capital of $600,000, the Washington Trust Company of Boston, recently chartered, and referred to in these
columns last week, will have a surplus of $250,030, the selliag price of the shares being |150 each. The institution has
taken quarters at 22 Milk Street, where it will opsn Oatober 1.
The oflScers chosen at a meeting last week are Col.
Charles A, Hopkins, President; Edgar Van EfctenandO-.'orge
K. Johnson, Vice-Presidents, and J. Adams Brown, Secretary and Treasurer.
—The Essex Trwst Company of Lynn, Mass., lately chartered to encceei the First National Bank of Lynn, will be
officered by Mr. M. P. Clough, as President; Walter W.
Johnson, Treasurer, and Charles W. Porter, Secretary.
—Mr.
James H. Mills has been
elected President of the
Traders' National Bank of Lowell, Mass., to succeed Mr.
Charles J. Glidden, who has become Chairman of the board.
—^Mr. George
tional
Bank
E. Qaither, receiver of the American Na-
of Baltimore, is paying to the depositors a divi-
cent. This makes a total of 100 per cent since
the suspension in December 1900. The last previous dividend was for 7 per cent, and was paid in Dioember 1903,
dend of 8 per
—With the recent declaration of a quarterly dividend of 3
per cent. Instead of 4 per cent semi-annually as heretofore,
an increase of 4 per cent per annum is made in the dividend
rate of the Bank of Pittsburgh, N. A., of Pittsburgh, Pa.
The dividend is on a capital of $2,400,000.
—
Mr. F. L. Stephenson has been appointed Vice-President
of the Fifth National Bank of Pittsburgh.
—The Toledo Savings Bank & Trust Company of Toledo,
Ohio, has increased its capital from $100,000 to $300,000.
This has been accomplished by the declaration of a stock
dividend of 100 per cent and the issuance of $100,000 of new
This latter, we are informed, has been oversubstock.
scribed at $200 per share. On August 1, when the new
capital becomes effective, the institution will have a surplus
of $260,000, This will be $25,000 more than on July 1, when
the amount stood at $225,000. The stock dividend of $100,000 reduced the sum to $125,000; with the addition of $25,000 credit from undivided profits, and the premium of $100,000 on the new stook, the total of $259,000 is arrived at.
—The New
First National
Columbus Savings
excavations
for
Bank
of
the
erection
of
O., and the
each commenced
Columbus,
& Trust Company have
elegant
new
buildings
[Vol. Lxxix.
that city in the early future. A lease of the banking floor of the
Republic Building, at the corner of Adams and State streets,
has been taken by President Byron L. Smith of the Northern
Trust, and It is here that the projected bank will be opened,
some time in October. The scheme of control, it is understood, will be similar to that existing between the First
National Bank of Chicago and the First Trust & Savings
Bank, and it Is presumed that the officers and directors of
the new Institution will be practically the
the Northern Trust.
same
as those of
—The opening of the new building of the Northwestern
National Bank of Minneapolis, Minn., on First Avenue
near Fourth Street, occurred this week. The site on which
the building stands was purchased by the bank over two
years ago, shortly after the absorption by it of the Metropolitan Bank. The new edifice is one of the most attractive
of its kind in the West, besides being exceptionally well
lighted
and commodious,
—The German- American Bank of
Minneapolis, Mian., has
accepted plans for the erection of a new two-story building.
The second floor will extend back only about a quarter of
the length of the building, thus affording space for a glass
dome over the main banking-room. Two modem steel-lined
vaults will form part of the appointments.
—
The program for the convention of the Wisconsin
Bankers* Association, to be held August 23 and 24 at La
Crosse, has been completed. It includes addresses by Mr, J.
A. S. Pollard, Cashier of the Fort Madison Savings Bank
of Fort Madison, Iowa, and Congressman John J. E3ch. A
paper will also be read on "The Work of the American Bank
Clerks' Institute" by Mr. John Paelicher.
—
Mr. Henry Sexton, President of the Southern Illlnole
National Bank of East St. Louis, 111,, has purchased all of
the assets of the East St. Louis Trust & Savings Bank in
operation at the same place, and transferred them to the
first-named institution, which has also taken over the busi
ness of the absorbed bank. The stockholders of the two institutions agreed to and approved the transfer on the 13 th
inst.
The capital of the Southern Illinois National Bank re-
mains unchanged at $100,000, and its officers are also as here*
tofore, namely. President, Henry Sexton; Vice-President
Anthony Isch, and Cashier,
Beeb Jr.
C
—The
Bank
of Grinnell, Iowa, capital $100,been placed in charge of National Bank Examiner
E. B, Shaw as receiver. The bank has been closed since the
death by drowning two weeks ago of its Cashier, H, C,
Spencer, and his son, W. C, Spencer, who was employed as
First National
000, has
the bank's bookkeeper.
A
shortage
is
alleged to exist in the
on High Street, which they hope to oscupy in about elder Spencer's accounts.
a year. The business of both institutions has largely out-About October 1st the Fourth National Bank of Atlanta,
grown the present cramped quarters. The new domiciles Georgia, expects to occupy the entire first floor of Its handwill be equipped with every modern banking convenience some new sixteen-story building on the corner of Peachtree
and appliance, with abundant room for the various depart- and Marietta streets.
This structure, now approaching
ments including extensive safety deposit vaults. Above the completion, will be a conspicuous landmark in that most
bank floor the buildings will be devoted to office use.
progressive city of the South. The first four stories are built
^The suicide by drowning of Mr. W. Q, Taefel, receiver of Georgia marble, relieved by beautiful carving, and the
of the Newark Savings Bank Company of Newark, Ohio, is twelve upper stories of handsome pressed brick. The site is
one of the finest in the city, commanding a front view
announced. The bank suspended on May 21 last.
—
—
—After
an
months, Mr. Ojtavlus H,
Tudor, Cashier of the Oaio Valley National Bank of Cincinnati, died on the 14th inst. Mr. Tudor was sixty years of
age, and had been in the banking business som? forty years.
—The Ohio
illness of several
Trust
Company
of
sive interior office alterations to
Columbus is making extenaccomm)date its increasing
demands. This company has a capital of $500,000, with a
surplus of $175,000. George W. Bright is its President and
John L. Vance Jr. its efficient S jcretary and Treasurer.
—The Detroit Savings Bank, of Detroit, Mioh., is about to
broaden considerably its field of operations, having now
under way the opening of two branches. The bank recently
purchased property at the corner of Dii and Junction
Avenues, and plans are being prepared for the erection of a
building on the site to afford quarters for one of the proposed
branches. The other branch, at Gratiot Avenue and St.
Antoine Street, is being made ready to open in a few weeks.
—The capital of the National Bank of Decatur, at Decatur,
has been Increased from $100,000 to $200,030.
State bank, to be affiliated with the Northern
Trust Company of Chicago, will, it is reported, be formed fa
111.,
—A new
The interior fioish of the
up Peachtree street.
banking room will comport with the elegant exterior of the
building, the floors being of mosaic tiling, the counters of
G.orgia polished marble and statuary bronze, and the
furnishings throughout artistic, rich and tasteful. There
directly
will be extensive safety deposit vaults,
ladies, local elevators,
private parlors for
and indeed every modern appliance for
convenient and expeditious banking,
—At a meeting of
the Macon, Ga,, Clearing House Assoon July 26 the following officers were elected: Mr,
J. W, Cabaniss, President; E. Y. Mallory, Vice President
and Ojcar E. Dooly, Manager and Secretly. Mr. Cabaniss
is President of the Exchange Bank and of the Union Savings
Bank & Trust Company. Mr. Mallory is President of the
Commercial & Savings Bank, while Mr. Dooly is Cashier of
the Home Savings Bank and Assistant Cashier of the
American National Bank.
—Bank Examiner W. F. Albertsen has been relieved of
the duties of receiver of the First National Bank of Macon,
Ga., Mr. N. J. Butler of Springfield, 111., having been appointed permanent receiver. Mr. Albertsen recently paid a
ciation
40 per cent dividend to the depositors.
:
July
30, 1904.
—Work
THE CHRONICLE.
|
has began on the
new
building of the First Na-
tional Bank of Kansas City, corner of Tenth Street and B iltimore Avenue. The structure will coat in the neighborhood of $160,000. It will be two stories in height, and constructed so as to admit of the addition of eight stories.
Merchants' National Bank of Los Angeles will move
1 to the quarters formerly occupied by the Security Savings Bank, corner of Main and Second streets.
—Mr. George Chaffey has been chosen to succeed Mr. H. C.
Witmer, resigned, as First Vice-President and director of the
American National Bank of Los Angeles, Cal.
—The
on August
481
Witte, the late Russian Finance Minister, has gone to Garmis actually negotiating with Count von Bulow,
Tne
general impression in the best informed quarters in Paris is
that Russia is so anxious to opsn the Berlin money market to
herself that It will make large concessions to Germany. And
as soon as it does, the loan will be arranged for. la France,
it is believed that the loan will be mainly subscribed by
French investors. Germany will probably subscribe a considerable portion, but the bulk will come from France.
Probably, therefore, Russia will have to pay more dearly for
this new accomodation than it paid the other day for the 82
any and
millions sterling.
—The
semi-annual statement of the National Discount
Company, Limited, of London, gives the deposits and loans,
including bills discounted, on June 30 as $62,039,946 and the
The gross profits for the halftotal assets as |69,140,493.
year were $510,954, from which a dividend at the rate of 10
per cent per annum was paid on the paid-up capital of
While the preparations for this loan are going on, there is
than there was throughout France to engage
in new enterprise, and therefore; there has been little doing
by French investors in this market this week. Indeed, the
Continent in general has been sending in very few orders.
Money, as already said, is scarcer and dearer than any$4,S33,835.
body thought probable a little while ago, partly because of
The Bank of British North America, head office Montreal, the multitude of new issues which came out a little while
opened a sub-branch on the 19th inst. at Trail, B. C, under ago and the instalments of which are now being paid up,
the charge of Mr. H. H, Rowley, Manager of the Bossland but mainly because of the fact that the Bank of England has
less inclination
—
Branch.
0WjetavQlCotttmeicclaIgtx0XlsTx^etufi
IFrom our own oonrMponaent.1
London, Saturday, July 16, 1904.
Late on Saturday afternoon of last week the Board of the
International Bank of London issued a circular to the shareholders stating that, unknown to the directors, the Managing
Director had endorsed bills to the amount of £375,000 drawn
by the North German Pitwood Company on several wood
merchants in this country; that the directors and their
friends had sub3cribed enough to take up all those bills, and
that they had dismissed the Managing Director, The Board
of the International Bank of London is made up of gentlemen
connected with several of the leading firm? and institutions
in London. The bank itself has carried on business almost
entirely with the Continent and mainly with Germany. It
has a paid up capital of £S0O, 000, the nominal capital being
It has a reserve fund of £36,000; the deposits and
£1,00[),000.
current accounts amount to £3,072,000, and the bills receivable, loans, etc.,
The bank,
it
amount
to £3,147,000.
will be seen, is not a very important concern
compared with the great English banks, but the standing of
the gentlemen composing the board is snch that their circu-
made a profoundly unpleasant impression. Indeed, for
two or three days there was a fall in almost every department of the Stock Exchange and an exaggerated view of the
whole incident was taken. The Stock Eixchange removed
the shares of the bank from the list of quotations, the sharelar
holders were naturally greatly alaimed, there being a liabilty of £5 per share, and when they tried to sell they found
nobody willing to buy. In many cases shareholders offered
as much as 10 shillings per share to anybody who would be
willing to take the risk of having to pay off the full liability.
Since Thureday, however, there has been a change of feeling,
It is believed that the forced selling has nearly come to
an end, and everybody recognizes besides that the concern is
not so large as to warrant the first alarm. The matter, however, is an exceedingly unpleasant one, and for the moment
has created a feeling that the supervision exercised by the
directors was not sufficient. As the week draws to a close
the opinion gains ground that there will be a complete
change very soon. Most people expeot a general improvement in the stock markets next week. Against this, however, is the f aot that money, which everybody expected at this
time of the year to be plentiful and cheap, is scarce and dear.
Moreover, there is less inclination than there was on the
part of French investors to buy.
In France, it is understood that another large Russian loan
is coming out very soon.
When the loan for 32 millions
sterling was raised a short time ago, the Russian Govern,
not secured as much gold as everyone anticipated. It is calculated by the well-informed that the reserve of the Bank of
England needs to be increased by about a million and a half
sterling and that nntil that is done money will not be really
plentiful. There is little demand for gold for any other
Continental country than Austria-Hungary.
The Austro-Hungarian demand keeps up, although the
best informed were confident a little while ago that that
demand would be very slight. It is certain that Austrians
and Hungarians in general do not care to carry about coin
with them, that they much prefer notes, and that therefore
it is beyond question that there is little need for gold for circulation.
Still, the Austro-Hungarian Bank attracts the
metal, possibly to be prepared for all political contingencies.
Still, the hope is entertained here that the Bank of England
will exert itself to obtain gold, and if it does and strengthens
its reserve of the metal by about a million and a-half sterling,
nobody entertains a doubt that money will become again
easy— always provided of course that unexpected contingencies do not arise.
The India Council offered for tender on Wednesday 40 lacs
of its drafts and the applications exceeded 235 lacs at prices
ranging from Is. 3 31-32d. to Is. 4d. per rupee. Applicants
for bills at Is. 3 81-82d. and for telegraphic transfers at Is. 4d.
per rupee were allotted about 7 per cent of the amounts
applied for.
fhe following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols. Ac.
^mpared with the last three years:
ia04.
July
IS.
IrnUtlon..
Mobile
Hker
loranunent iMorltiei
16,98.766
ntasrtaaarltlei
86.160.89l
88,667.8«4
MlMTCof nOt«iand«Oln
i01n*balilon,bothd«partm'ti 84,148.Mg
iTop.raierratoUabiatlei.p.o. 4918-10
l«nk rat*.
8
p*ro«nt.
'niuolf.SMparocnt
89^
8
29.<<86,606
6.914,667
41.449.ez8
l^,»4£.b40
SS.9t>».7il
l^6,l«b.4>^0
8e,606.(<86
biH
INI.
July
17.
%
»
99.761,O0S
11,401 .617
80,895.180
18.868,777
40.741,687
17.944,340
£8.8Sa.878
84.07U,846
87.698,900
46 7-16
t
86,741,606
6.784,140
41,143.770
dapofU
depoiltl
1D08.
Jvlv 10.
IflOS.
16.
JtUv
*
89,660,778
I6,e8a,4«0
86,180.067
26.1(2.(60
8^.088.96S
bOii
4
3
8
0815-10
06 16-16
08^
184 7-16d.
sejid,
861116(1
24Hd.
178.881,000 ail46S.uoo 8£i,761.uuu 810.088.i0}
War
ClttrlnE-Hoataratnrni
Tfteratesf or money have been as follows:
[ntBTBBt «tlew«4
for dtVOBitB ht
09tn Mark4t Ji«t«(
unioniUonthB.
Jane
17 8
S
July
1
8
81-16
8 S-16®2M
4
Month$. 6 JUontht.
S-ie®8M
&
Joint DU'tB'B.
Stock
Mob. iMOB. Bankt
8M32X
8«
an
2M
2M®2M
8^
8M®2M
16 3
Messrs. Pixley
14, 1904
9
8M
8U
8^®8M
8
1«®2
8 8
"
Iradi BUli
Bank BiU$.
e
2J<®3
8H08I4
IH
l«
3
Call
DmtB
IM
\H
l«
l«
IM
IM
1*
IM
Abell write as follows under date of
July
Odd -The Bank has Beoared about £120,000 In bar gold this week,
and the remalnderhaa Kone to Borlln, the ultimate destination belnK
onoertain. The Bank ban received In addltlun JBI.'SO.OOO In eoverelgrns
from Btrrpt, while £50,000 have been wlthdrawa for Jav't and £50,000 for South America. The price of gold remiituH the same. Arrivals: Africa, £367,000;
Australia, £17,000; India, £2i,000; West
Indies, £21,000; Straits, £8.000; total, £ tSO.OOO. Shipments: Bomment pledged itself to the syndicate of bankers who mad-j the bay, £49,500; Colombo, £1,2)0; tot^l. £i6,2,)0.
Bllver— The price, after touohlng '/6i'< ,«d. on special orders, hai* alnoe
loan that it would not borrow further during the current Riven way on prolli-taklnK sales, coupled wlih a Utile Eastern selling,
and we close to-night 2068 on a dull market I rtla liit" done praotlyear in Paris. The war, however, has proved so costly that
oiiUy nothloK, the quotation lielnit R-< 67H. while off wrings from
the Russian Government now wants more funds and it hopes America have been small Forward Is >ad no'lor cash Arrivals:
Shipments:
total, £'<6.00
to raise them In Berlin. The German Government on the New York, £80.000; West Indies, £6.000;
Bombay, £78,850; Hong Kong, £85,400; Madras, £2,500; total,
other hand discourages lending to Russia until the conclusion £106.760.
Mi^xlcan Dollars— The market still remains nominal at aboat B^i
ef the treaty which has been in negotiation for so long, M'
under cash sliver.
1.
>.
:
.
:
:
—
:
.
THE CHRONICLE.
482
The following dhow the imports of oereal produue into
the Jnited Kingdom during the forty-tive weeks of the
season ojmpared with previous seasons:
i
IMPOSTS.
1903-4.
1902-8.
70.968.747
23,222,134
13.123.208
1.692,511
1,3*9.645
84,913,678
16,845,298
Imp'tB Of Wheat, 0Wt.79.5P2 836
Bftrley
^„ ... 28.444 926
.13,2(0,^94
0»tl..
Pe»8
B«ans
2.C6iS.77«i
^
IndUn
corn.
noar
1.936.078
41,092,867
17,410,143
f?lie«tlmporte(l,Cwt.79 682,836
ImportB Of nonr..... 17.410,143
18.8^7,300
19,672.700
2,166.43"
1,796,801
1,663,141
89,562,452
17,616,393
16,846.2l-8
lftleBOfhome-growil.l6,4!.2,409
22.206,103
©ommcrclal and ^isccXlixnconsMtxos
OITIBBNDS.
60 077,700
14,9'^6,9i2
1902-3.
70,998.747
1903-4.
1.646.94'^
48,229.800
20,024,700
1901-2.
61.768,396
17.516.892
22,124.589
1900-1.
60.077.700
20 024,700
22,215,066
Kallr«B<lB (HtaaiB).
Bnff Koch <fc PittBb., com. »nd pref...
Chio. St Paul Minn. <& Oniaha, com
do
do
do
pref...
Cleveland & Pittsburg, guar. (qaar.)..
Cornwall A Lebanon
Home Watt-r <& OKdensb., guar. (qaar.)
The following shows the quantities of wheat, flour ano
malse afloat to the Utiited Kingdom
1902-8.
1901-2
TM$ oeek. Latiwetk.
2.450.000
Wheat
1,966,000
ars... 8.220,000 3,345.000
MTalse
165,000
980,000
to nra.,.
qrB...
240,000
1,040,000
180,000
955,000
British imports since Jan.
1
220,000
905,00C
have been as follows
1904.
1903.
&
&
45,998,063
44 110,619
48.6^2 275
49,181,763
44,780.098
43,196,784
46,226,516
40,560,585
46,916,584
43,802,327
41,915.106
41,295.550
—232,652
-0 5
-(-3,549,934
-(-1.775,761
-(-1,379.4^6
-(-2,864,992
-(-1.901,234
-l-S-"
-(-3 8
271,953,771
260,529,889
-(-11,423,883
Imports.
January
February
March
April
May
Juue
Six months
The exports since Jan,
1
Difference.
£
Per
Ot.
-(-»1
-(-«
8
-(-4'6
-(-44
have been as follows
1904.
1903.
£
mfference.
£
24,083,365
23.894,813
24,25i,'96
23,484 834
24.3<2,0S9
24,069,770
24,903,636
22,775,436
25,108,194
23,136,373
24,327,026
28,271,960
—820,271
Six months. ....144,116,667
142,523,626
EXPOBTS.
January
February
March
AprU
May
Jane
The re-exports of foreign and
show the following contrast
I'i
Sep
J'ly
1>«
Aug
2
Oct
3
Aug
J'iy'24""to""Ang*8
Boston Elevated
3
Coney Island
4
Aag
Ang
Ang
Aug
Aug 2
J'ly 87
J'ly 21
UnUn
com and pref
Utlca Clinton & Blnghamton
••trort Uallwaya.
Pacitlc,
<& Brooklyn (qaar.)
(Pa ) Traction
By., N. Bedford, Maas.(qaar.)
Hamsbnrg
St.
-Hl,694,012
36,047,868
re reported by cable at follows for the
26"w
88Ui«
<b
Santa Fe.
Baltimore
& Ohio
Preferred
Canxdlan Paoifle
Chesapeake & Ohio
sm
99
1«
Per
01.
&
Mexican Central
Mo
Kttn. <& rex., com..
Pieft-rred
Kat RR.of Mex.,lBtpf.
18i«
42
S8I9
N. Y. Cent <fe Hudson.. i28>«
N. Y. On<a<io & West-. 3i\
Norfolk & Western
6Z\
92
Prt<ferred
106
Northern Beourltles
62ie
PeDnsylvania
A
R-adlrg*
Phlla.
iBt preferred*
37 0,
4S>«
2d preferred'
Southern PaolOo
Bontbcrn Rullw com.
Preferred
Union
,
80%
100
86
18
158
22i«
74»B
26H
Aug 31
Aug 9
Ang 16
New
England Telep.
Teleg. (qaar.).
Pressed Steel oar, com. (quar.) (No.lP)
do
pref. (qaar.) (No. 22).
do
Prrcter & Gamble, com. (qaar.)
Syiacnse Lighting, pref. (qnar.)
U. 8. Steel Corp., pref. (qaar.) (No. 13)
*
<S>
Ang 12
Holders of
J'ly 27
J'ly 31
reo.
Ang 10
Aug 3
Holders of rec J'ly 30*
to
Ang 1
26
Ang
Ang 30
to
7
Transfer books do not close.
—
New
—
York Monthly Statement. In
FoBEiON Trade OF
addition to the other tables given in this department, made
ap from weekly returns, we give the following fignres for
fhe full months, also issued by our New York Custom House,
The first statement covers the total imports and exports ot
merchandise and the Customs receipts for the twelve months
of the last two seasons.
UBROHANDISS MOVBMENT AT NKW TORK CUSTOKB RXOSIPTI
AT NIW YOBK.
Imports.
Sxports.
1902-08
ie08-C3.
1903-04.
Jnly
4.nRUBt
60,256,186
48,870,900
46,669.242
37.816917
86,608,61H
87,876.46'
38,843.95
15,689.289
16,109 614
September
47,896,127
62,3Sl,6i6
S1,P66,116
43,186.250
15,393.188
14,423,026
1908-08.
1903-1.4.
58,987,4H4
61,671,361
58,091.651
48,68t.2<l
89.760,181
13.307.801
47,140a4(
49,6&e.34C
lanuary.
60,161,023
45.360.63-
47.033,744
18,346,098
14.708.88<
+1,015,137
+28
46,018.663
47,774,91
61.407.193
febmary..
67.437.864)
39.310.736
41,840.367
14,606,9-5
Harcb..
66,383,33'
60.269.968
60.ai0.827
48,669,1
I'-
46,6S8.5'?fi
14,m3.30.'*
68.814,084
ll, 098.6-9
48.100.054
13.108.866
47,880,091
86.404.98-
47,9*0,674
39.383.466
38.365.460 12. U 9.942
30,743,6e3 18,334.94(<
,
27
88
88
87i3ig
97-571S 97-67ifl ^7-85
8ftie
84''8
3n8
3%
79
7933
981s
981s
8514
99
85%
Soifl
96 1«
96
12718
34
I2t38
331s
141s
I414
i49if
I4I4
5114
2314
160
i2
74
24^8
50.361.126
April
48.364,901
Total...
34 14
Angnst....
September.
October.
November..
December.
Janoary...
221s
731s
2538
73 14
2M4
61 '8
6214
May.
9%
91s
91s
9%
19
43
38 )«
181s
18
391s
18
40%
17,960,876
15,084,743
16,616,118
18.814,962
16.878,476
13.406,868
18,408,804
18.661.371
silver for the twelve
S
154,848
826.390
3»H.43e
906.876
Importt.
Sxporti.
1908-03
1908-08
1908-04.
S
813,801
818,888
1,411,310
8,043.F'23
7,567,09f
7.489.768
488,847
e8«,6x8
110,260
178.100
7,08'i.627
760.387
638.014
11,611,016
8ILVIB— NlTf YOBK
Export*.
1003-04.
1003-04.
f
294,688
517,f8f
404,<»7
I
307,lt'7
8,888,761
1,770,618
], 039,584
3.024.080
480,464
439,664
8.478,107
883,894
960,886
4,801,808
280.493
177,041
869 Oil*
3'6,»6«
1,667.04>'
16,300
319.746
886. 16»
4,846,498
February..
880.409
741,98b
813.464
8,308,868
36.634
686,286
l,478.8.'-4
8,684.76«
>,*>ea.068
335.83iJ
19,378.679
897.897
615.894
430,-8.S
41,678 667
8i0,B62
11.887,970
10,084.174
846,662
a,S76,040
ll.4ra.OM 76.780 976
87 444 064
8.783,9l-4
86,886,287
4,019.119
174.926
257.«74
8,880,946
3.710,178
i8is
89%
17,260,876
818,934
April
37
16,828,701
16,947,179
1.162,0f<r
March
138
118i«
ImporU.
1908-04.
Jtily
and
MOYSMBNT AT NSV TOBK.
QOIiD
MONTH.
15.921,681
18.79 '.31- 606,e5fl.32« 504.a'?7.64^ 170 9ft»,56l 183,739.885
rt00.09s,48-'
The imports and exports of gold
oionths have been as follows :
"3%'
78%
96i«
12e«B
..
Jane
«s ijondon
ending Jnly 29:
week
47,672,945
Btlay
80
74l«
2638
Aug S
Ang 1
Aug 14
Aug 2B
Ang 22
J'ly
49.994.076
9913
8608
961s
1271s
341s
16
151
22%
J'ly 81
1
J'ly 31
Aug
to
to
to
to
Dotober
62 14
38
140
120
122
Si's
tS-fe
92
106>«
6^14
27 1«
41
381s
1211s
3114
63
91
1051s
62
27ifl
62
S6
37
121
3214
6214
92
105
6lie
261s
48I4
*3^
4Sis
36
86
62ifl
36
53
26
36
52%
911s
9878
96>«
90
1238
683g
17»s
36>s
12
6218
17
8f.>4
25a«
9II9
91ifl
99%
12>«
64
64%
Wabaeh
17 »•
17i«
87 'B
ei
37 1«
61
* Price per share.
to
to
to
31
J'ly
November.
December
—60
641*
39i<
14OI9
120i«
9038
961s
18
Debenture "B"....
Ang 14
Sep
Aug
Aug
5
Aug
2', Aug
2H Aug
Ih Aug
1
Aug
1»4 Aug
Aug
3
Aug
1=4 Aug
+2-5
ae's
8^Bl8
883^
9«ifl
Preferred
J'ly
2
—3-3
26%
87%
Preferred
U. 8. ateel Corp., com..
Pre! t-rred
Pacific
1
Brooklyn Union Has (qnar.)
Casein Co of Amer., pt. (qa.) (No. 17).
Cleve. <fe SandUBky Brew., pref (qaar.)
Jeffer. & Clearfield Cbal & Iron, com.,
do
do
pref-.
do
Hnnlolpal Gag. Albany, N. Y. (qaar.).
+165,306
—352,804
—191,893
26i3ie
88e,e
»838
889u
8738
961s
9%
81
40,867,460
46,3G0,0ia
261310
127%
m
1
J'ly
-(-8-9
Thur$.
87i«
96>«
Ohio. OfKat Western... 15
Ohio. Mil. <fe St. Paol... 162»«
22i«
Den.dk Rio Qr.,oom
74
Pieferred
2614
Erie COD on
64
1st preferred
89 13
2d preferred
Illinois Cellrnl
UO^s
LoulHville
Nashville. 120
to
to
-f488,296
wea.
127\
36
24
29
—5-8
Tuei,
88S8
For fcconnt
88\
Fr'ohrentet(lnPari»)fr. 98-02i« 98-0, i« 97 90
8514
8514
85^
3'8
»%
Anaconda Mining
3%
Preferred
J'ly
J'ly
-(-20-8
iron.
Spacinh 4s
Aich Top.
Ang
Aug
Ang
2>«
10
-1-1,267.013
he daily oloiing quotationi for seouritlei, etc.
^
to
to
to
8
-355,718
EuKltsb Ftnanelal narket»— Per OaMe.
Sliver, per ounce
d.
Oon sols ,ne w, 2 p. ot s
J'ly 22
J'ly 22
J'ly aO
a
llIUe»IUui»an«.
Amer. DIst. Teleg of N. J. (qnar.)
1
The aggregate figures are ofBjlal. fhey Indicate that slight
adjustments have been mtide in the monthly returns as issued.
Sat.
to
Ang 15
to
Aug 1
to
J'ly 31
Holders of reo. J'ly 14
Ang
Aug
Aug
Aug
6
Twenty- third Ward
Traat Coinpanlea.
Farmers' Loan <fe Trnst (qaar.)
Kings Connty, Brodklyn (qaar.)
Month.
NoTB
London.
2
to
Bank*.
Aetor National (qnar.)
N. Y National Bxi bange (qaar.)
Seventeenth Ward. Brooklyn
-(-l-l
£,
37,063.005
Six months
-(-002
-(-80
M
5,585,686
5,668,959
Jane
-US
-(-6,0«3
+1,797,810
3
1
J'ly 31
Difference.
6,067,718
6,138,328
5,458,363
6,689,064
5,943,653
5,860,852
6,754870
-f4-9
-3-4
-(-348.461
Holders of reo. Ang S
Holders of reo. Aug 8
Holders of rec Aug 6
Holders ot reo Aug 10
J'ly
2
to
J'ly 30
3
3
1903-04.
»
May
—866,398
1903.
6,712,000
7,405 341
6,946,649
March
AprU
-(-1,119,377
Per Ot.
-3-3
colonial prodnce since Jan,
1904.
Rb-exfobtb.
January
February
£
Ang
Arm
3^ Ang
Bookt Closed.
(Dayi IncltiHve.}
3
Union
118,414,888 110,060,148 101.409.377 102 317,466
S8e. Id.
SOb.IOo. :(7b So.
Av«r.prioewl>ekt,week.26(. 60.
87b Si.
Iverage price, 8eaaon.V7e. 2(1. 86b. Od. 27b. lOd
Per When
Cent Payable
Ifame of Company.
Totftl
nonr, eanal
[Vol, Lxxix.
1900-01.
1901-2.
61.768,396
20,216,268
Supplies available for consumption (exclusive of stock
on September 1):
The
1
.
61
51 '8
24I4
9789
96 »«
86
60 Is
36%
X
13514
161s
36%
17
9%
371s
1201s
311s
611s
87
182
93
104
61
26 14
43
93
311s
621s
1041s
61>s
27
43 14
36
86
xr50i9 5OI4
23 Bg
901s
b838
9bis
1218
62
17
24 14
91
9808
961s
121s
fc2>4
17
851s
35%
60
60
Jnne
Total
772,81 9
.
1,4)^8,238
f 6,114,13;
3,988,469
8,021,778
—
faction Sales. Among other seourltles the following
not 'egulariy dealt In at the Board, were recently sold at
auction,
By Messrs. Adrian H. Mnller
25 Lakevood Hotel
die
Land
205
116
AseoclatlOD
38 Forest Hotel Oo
lOu Merchants' Trust Co
187%
Sb
Son:
Bond$.
93,000 Delaware Seonrlties
Slocks.
,
to 1891a
100 U. 8. Title Gnar. A Indemnity Co
125
20 PhenU Ins. Co. of B'lyn.220
26 Nat Bank of Conameroe.208%
6 N. Y. Heoiirlty & I'r. Co.619»s
12 U S. Mort A Trnst Co.. 410%
5 Mutual Alliance Tr. Co. 200
15 Mfctropollt. Tr. Co. .601-601 14
Co. ooll.tr. .'^s,lPa2, J& J.. 70
St. PanI East. Qrand
$5,(00
Tr.ByColstfs 1913,J&J.112%
$8,000 Dry Dock £ast Br
Bart
J&D
RR. Co gen.
&
6B, 1932,
Ill
&
$.1*^,000 Gnayaqail
RR. Isr Se, J<JbJ. and
Qalto
orders
of ibeEoaadoilari Assoc't'n
onMessre.Giyn. Mills, Carrie <& Co. of London for
$27,50t Gaayaq ill & (^alto
928,000
RR •»
96.000 Pitts. Wheel. <b L. B.
4SH
Coal Co. 48, 1932, J<fcJ
6
.
.
July
THE CHRONICLE.
30, 1904.]
New fork Ciif Clearing Uouse Banks.—Statement of
condition for the week ending July 23, 1904, based on average of daily results.
We omit two ciphers (00) in all cases.
BANKS.
Surplus.
Capital.
Loans.
Legals.
Upecie.
\
Deposits Re.
483
—
New Vork
City, Boston and Pliiladelphia Banks. Below
of the weekly returns of the Clearing House
Banks of New York City, Boston and Philadelphia. The New
York figures do not include results for non-member banks.
is
a
summary
We
Capital &
oinit
two ciphers (00) in all these figures.
de-
Loans.
Specie.
Legals.
posits, t
lalion.
10750315
10782948
;0875187
10998492
239.371,8
243,093,9
255,298,9
265,955,4
84,980,7
82,461,4
84,056.8
^5,015,0
11629888
11581503
11791694
12014432
39,209,6
39,168,4
39,156,2
39,132,6
1,268,664,9
52,6.^5,4 176.414,0
5'2,635,4 174,792,0
6'2,635,4 175,084.0
BANKS
16,841,0
17,442,0
18,094,0
6,879,0 218,280,0
7,509,0 220,236.0
7,615,0 219,403,0
7,381,0
7,387,0
7,376,0
110,353,9
133,040,5
127,549,5
233,984,0 11,548,0
238,251,0 11.545,0
243,05-1,0 11,509,0
90,592,6
109,290,7
164,171,5
fjurptus.
Clearings.
s've.
•1i
Merc)iant8'
Mechanics'.
America
PUoenix
...
City
Cbemioal ..
Merch. Ex
.
Gallatin
2,000,0*
2,050,0
2,000,0
3,000,0
1,500,0
1,000,0
25,000,0
800,0
600,0
1,000,0
300,0
But. & Drov
700,0
Mech.&Tra.
500,0
Greenwich
5,000,0
Amer.Exch.
Commerce.. 25,000,0
3,000,0
Mercantile
42VJ,7
Pacific
Cluttbam
. .
People's
...
N. America
Hanover ...
Irring
Citizens*
..
Nassau
Mar.& Fult.
Shoe&Iithr.
Corn Exch
Oriental
.
...
Imp. <fc Trad
Park
East River
Fourth ....
Second ....
First
N.Y.Nt.Bi.
Bowery
...
N. Y. Co...
German Am
Chase
,
Ave ..
German Ex.
Fifth
Germania
..
Lincoln
Garfield....
Fifth
Bk.ofMet..
West
Side..
Seaboard
..
UtN.Bklyn
Liherty
N.Y.Pr.Ex
New Amst.
Aator
$
$
$
Bk. of N. Y.
Manliat. Co.
450,0
200,0
2,000,0
3,000,0
1,000,0
2,650,0
500,0
1,000,0
1,000,0
2,000,0
750,0
1,500,0
3,000,0
250,0
3,000,0
300,0
10,000,0
1,000,0
250,0
200,0
750,0
1,000,0
100,0
200,0
200,0
300,0
1,000,0
260,0
1,000,0
200,0
500,0
300,0
1.000,0
1,000,0
500,0
360,0
$
$
19.342,0
21.561,0
16,334,4
21,583,0
25,317,2
'.!84,8
3.335,0
16,885,2 174,359,2
7,564,2 24.6:^6,0
5,673.1
362,0
2,21t»,4
8.863,7
120,4
1,964,2
4.298,0
355,8
530,9
2.448.8
4,075,6 29,864,0
11,786,9 173,952,0
4,613,6 24,586,4
3,164,3
618,6
6,162,9
1,095,1
2,100,6
400,5
2,106,8 17.554,4
6,705,8 49,80ti,0
6,961,0
1,0»5,8
648,2 16,670,1
313,1
2,586,0
6,538,1
1,322,2
7,140,8
360,2
3,397,Vi 29,925,0
7,621,3
1,076,0
6,794,3 23,812,0
7,090,2 72,113,0
1,107,9
133,3
3,041,-.i
22,072,0
9,173,0
1,402,9
13,743,9 101,796,2
7,529,8
873,7
2,983,0
767,7
4,547,0
663,0
3,497.6
624,3
4,006,6 46,272,0
9,224,9
1,738,0
2.746,8
676,2
2.701,8
874,9
1,346,2 12,139,4
7,343,4
1,287,4
2,485,7
379,5
6,797,5
1,429,0
3.392,0
648,6
1,428,1 14,046,0
4,166,0
593,9
1,936,9 11,023,5
4,873.0
495,0
6,804,2
549,4
4,855,0
559,4
2,586,7
2,492,3
1,458,4
3,381,8
3,693,3
3,584,0
12,691,0
4,485,5
4,2(!'4,0
5,999,7
933,0
62,991,5
5,674,3
1,118,4
1,364,1
606,5
982,0
485,9
3,126,0
26,103.1
4,696,2
483,9
880,1
423,4
2,473,3
15,845,6
1,084,5
2.605.0
443,6
1,654,3
1,840,5
5,213,0
1,353,1
4,179,0
17,722.0
168.3
3,630,3
1,113,0
31,326,3
1,265,6
397,0
968,6
645.3
12,843,6
2,374,6
185,0
428,1
1,290,7
1,800,2
613,2
1,821,4
646,0
2,893,0
710,0
2,677,4
918,9
1,286,6
1,032,0
$
P.C.
663,0 lP.2fi0,0 27-2
2,126,0 82,962.0 44-9
1,360,0 20.370.3 .'8-6
1,851,0 22.584.0 27'1
2,399,7 29,554,3 28-4
213,0
3,216,0 35-3
9,154,2 199.067,6 ;i6-2
1,927,3 24,755,0 30-7
600,3
6,363,2 2lr9
540,7
6,992,9 J7-2
62,5
2,323,0 24
438,0
4,786,0 29-6
463,9
2,481,2 38-2
2,509,0 23,511,0 23-9
16,417,4 167,965,6 25-3
1,373,6 22,727,5 26-7
441,0
3,807,5 24-2
951,9
6,389,3 ^8-6
396,'2
2,668,6 30-7
1,948,7 17,163,6 26-7
3,770,9 64.926,3 30-2
609,3
6,648,0 26-4
2,493,9 19,295,4 26-4
247,2
3,056,1 22-6
623,5
7,Ou8,5 31-0
371,6
8,601,5 25-7
3,904.0 36,370,(1 25
376,7
7,545,7 22-9
1,308,0 21,344,0 2 5 -7
5,875,0 85,079,0 27-7
198,4
1,260,9 29-3
2,897,1 25,220,4 258
1,190,0
9,718,0 23 6
2,027,7 107,672,0 30-9
504,2
6,843.4 25-8
351,0
3,419,0 21-8
484,2
5,799,9 250
22^3
3,415,1 26-4
1,967,4 55,984,3 26-4
316,6 10,197,3 26-3
675,0
3,347,6 25-6
804,1
4,920,6 25-0
1,748,9 12,830,6 23-V
25(>,2
7,614,0 26-9
135,0
2,499,8 25-9
815,1 10,031,3 26-2
313,0
3,767,0 25-4
1,643,0 16,682,0 27-1
600,0
4,560,0 28-7
249,0
9,863,4 28-6
450,7
6,199,9 26-3
681,6
6,932,9 269
183,0
4,852,0 250
1,
Total... 115,972,7 134,323,4 10998492 266,965,4 85,016,0 12014432 29-2
t
\
Total United States deposits included $23,343,200.
—
Reports of Non-Member Banks. ^The following is the
statement of condition of the non-member banks for the
week ending July 23, 1904, based on average of daily results.
W« omit two cipher* (00) in all cases.
J'ly 2
J'ly 9
J'ly 16
J'ly 23
250.296,1
250,296,1
250,296,1
250,296,1
Boa.
J'ly 9
J'ly 16
J'ly 23
Phila.
48,167,1 195,255,0
48.167.1 195,638,0
48,167,1 195,992,0
J'ly 9
J'ly 16
J'ly 23
Capi-
AtlT.
06s omitted.
tal.
plus.
Deposit with
Wet
Sped*. Z#ff. T.
InvesticSank Clear'g Other Deposits
ments.
2fote».
Agent. Bks.&e
^
N. Y. Crrr.
Boroughs of
Man&Br'nx
Colonial
Columbia
..
14th Street.
Gansevoort.
Hamilton ..
Mt. Morrla
Mutual
....
19th Ward .
Plaza
Biverslde ..
State
12th Ward
23d Ward
YorkviUe
.
..
..
Fidelity ....
Jefferson ..
$
100.0
300,0
100,0
200,0
200,0
260,0
200,0
200,(J
100,0
100,0
100,0
200,0
100,0
100,0
200,0
400,0
Century ... 100,6
Wash. Hgts 100,0
United Nat l.OOO.O
236,3
295,6
107,6
80,0
129,6
116,3
180,0
188,7
267,2
106.7
655,8
113,2
102,9
283,8
118,2
295,7
58,2
133,3
123.9
Consol. Nat. 1,000,(1 1,127,6
Union Eioh 760,0 471,6
Borough
$
2,244.2
3,994,0
1,518,9
1.994,2
2.982,5
2,227,2
2,519,5
1,660,0
2,975,0
1,118.8
7,215,0
1,674,0
1,386,1
1,966,6
738,4
2,063,7
735.6
616,1
1,997.8
3,687,2
3,898,1
;
Imports and Exports lor the Week.
the imports at
200,0
83,1
11.4
165,1
114,1
27,9
28,6
103,0
12,6
284,0
39,0
52,7
39,5
10,0
14,7
206,0
118.0
80.8
172.7
42,8
108,6
240,4
161.3
92,0
97.6
296.0
193,0
140,6
172,3
409,7
286,0
226,8
232.7
74,1
176,6
366,1
168,9
408.4
651,0
80,2
126,0
92,0
186,6
255,0
58,9
222,3
53,2
102,5
96,4
321,0
664,9
186,6
$
323,0
3,5
250A)
60,8
200,0
65,2
268,0
'28,1
45,2
78,8
34,2
11,5
'20,3
266,3
332,5
119,1
64,5
40,9
6,4
214,2
246,0
985,0
173,4
227,0
6,3
76,4
366,6
33,3
2.916,8
4,017,0
2,026,4
2,316.3
3,347,8
3.021,1
2,600,6
•2, 149,4
3,580,0
1,386,7
8,635,0
2,042,0
1,770,2
2,366,0
713,9
1,964,9
796,3
602,1
1,183.9
2,486,0
4,041,1
at
Brooklyn
.
..
Mfrs.'Nat..
Meclianlcs'
Merchants'.
160.(1
800,(
252,(
500,(
334,6
167,6
552.0
396.6
10(),(
63,5
Nassau Na(
300,(
Nat. City
..
300, (
North Side.
100,(
755,8
604,2
174,1
180,2
86,9
249,8
116,6
83.1
Peoples
17th Ward
100,(1
.
SpragneNat
Union
Wallabout
Borough ...
Borough oj
Biehmond.
.
1st Nat.. 8.
r.
100,(
200,(
20(),(
100,(
200,0
88,9
2,123.9
1,666,7
8,280,1
6,826,0
1,095,2
5,570.0
3.198,0
1,072,7
1,364,6
676,7
1,169,0
1.071,0
790,8
1,568,9
15,2
109,2
273,6
217,0
10,0
200,0
131,0
13,7
61,2
11,6
120,0
55,1
65.0
26,2
111,5
789,4
66,6
400,0 1,063,5
3,943,0
176,8
250,(1
250,(;
200,(^
654,9
278,6
•288,1
2,114,0
1,192,2
1,366,3
74,7
67,2
58,9
110,0
126,0
639,7
163.8
2,108.6
1,200,7
163,8
100,0
60,6
434,1
66,3
767,3
"768.4 1,254,6
63.9
141,0
376,0 1,033,0
880.0 1,081.0
92,0
46.4
152,8 177.1
48,5
75,3
20.0
248,0
10.),7
110.3
36,8
62,8
95,1
166,0
10,0
22,2
60,9
70,0
35,0
248,0
278,7
134,0
38,4
80,0
513,2
123,5
65,6
164,8
2.243,7
1,908.8
3,976,8
9,061,6
1,207,1
5,846,0
4,510.0
.flor
week.
1904.
Dry Goods.
First Nat...
Since Jan.
.
Total 29 weeks
33.1
$10,420,488
$9,834,164
$75,888,254
261,993,528
$69,099,418
239.779.761
$59,145 617
258.054.393
$332,457,120 $337,881,782 $308,879,179 .$317,200,010
for one week later will be found
dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending July 25, and from January 1 to date.
in our report of the
EXPORTS FROM
256.6
189.0
400,5
122.1
14,1
4,9
1,844,9
1,071,2
1,685,8
29.8
63,7
176.5
72.0
282,9
'2,171.3
114,1
1,324,4
Tot. J'iy 23 101370 121318 !»:t.210,5 3,937.9 5.595.0 13745S 0.61)8.7 11164342
Tot. J'ly 1 101371 121318 93,488.4 4.178.9 5.940.1 139200 6.678.1 l()sri044
Tot.J'ly 9 101370 121318 93,538,1 4,125.0 5.840,5 134079 7.726,0 1084367
NEW YORK FOR THE WEEK.
1904.
For the week
Previously reported..
1903.
1902.
1901.
$8,902,725
260,785,640
$9,462,134
274.712.404
$8,990,037
261,916,735
$11,334,522
'291,119,901
Total 29 weeks
$269,718,365 $284,174,538 $270,906,772 $302,454,423
NOTE.—As the figures of exports as reported by the New York Custom
to week frequently show divergence from the monthly
House from week
totals, also compiled by the Custom House, we shall from time to tune adjust
the totals by adding to or deducting from the amount "previously reported."
The following table shows the exports and imports of
specie at the port of New York for the week ending July 23
and since Jan. 1, 1904, and for the corresponding periods in
1903 and 1902.
EXPORTS AND IMPORTS OF SPECIE AT
NEW YORK
Exports.
Week.
Imports.
Since Jan.
Great Britain
Week.
1.
Since Jan. 1.
1,396,604
86,735
2,042.965
2,000
$8"602
360
$2,047,346
1.439,882
1.633,787
470,344
49,220
660,971
59.437
$14,840 $64,469,906
10.817
32,804,001
19,634,030
2,657,124
$16,575
7,656
113,028
$6,360,987
8,639,498
1,467,194
$4,936
2,464
8,746
106,949
281,038
87,128
3,085
$19,637,476
41,306,126
France....
Germany
West Indies
$i3,000
"i",846
All other countries
Total 1904
ToUl 1903
Total 1902
12;523
SUver.
Great Britain
France
Germany
West Indies
Mexico
South America
Total 1904
Total 1903
Total 1902
$536
$879,365 $21,573,273
763,109
25,800
'38,400
190,427
48,600
1,356,100
All other countries
*""628
9,653
$489,945
$6,464
1,299
41,517
»917,765 $28,966,962
722,190 18,907,178
410.355
18,671,512
93^634
780,462
Of the above imports for the week in 1904, |3,562 were
American gold coin an(l $3,791 American silver coin. Of tho
exports during the same time, $40,240 were American gold
(3om and $13,000 were American silver coin.
Auction Sales.
—See page preceding.
j^atiMti0 attd g^itxaticiat
Spencer Trask
&
Co.,
Bankers,
NEW
WILLIAM & PINE STREETS,
YORK.
Special circular carefully describing
the property covered by an Electric
Illuminating Company First Mortgage
Gold Bond, paying the investor 5"o.
5,948,0
68,9
18,5
79,3
HOBOKKN.
First Nat...
Second Nat.
$10,676,111
$67,367,859
265,089,261
$2,142,212
7,691,952
The imports of dry goods
772,6
830,2 1,635,9 1,205.0
1901.
$2,303,097
8,117,391
1.
General Merchandise
INVESTMKNT SECURITIES.
Co.
National
Second Nat.
Third Nat..
1902.
$2,455,639
8,220,422
$10,620,955
TotaL
Dry Goods
JbrskyCity
HudHou
1903.
$2,326,186
8,294,769
General Merchandise
669,4
1.277,0
1,542,2
887 .0
week ending
;
1,292,1
1,691,9
1,641,6
for the
July 21 and for the week
July 22 also totals since beginning first week January.
FOREIGN IMPORTS.
Brooklyn.
Broadway
—The
following are
for dry goods
ending for general merchandise
New York
Mexico
South America
$
63,1
63,762,0
66,377,0
71,623,0
t Including for Boston and Philadelphia the item "due toother banks,"
and also Government deposits. For Boston these Government deposits
amounted on July 23 to $3,767,000 on July 16 to $3,763,000.
C^old.
BANKS.
1,233,921,1
1,075,437,3
1,2()9,404,3
Members N.
Branch
Y. Stock Kxchnnue.
Moffat
&
Offlco. 05
8(ate
St.,
Albany
White,
Membera New Vork HtocU Kxrhnnse,
1 NASSAU STKICKT, COUNKK WAM„
IDcalcrit In Investment »»ecuritie«.
TeL, 5880.6ii31 Cortlandt.
Telephone Siooka a Hpecialtr*
THE CHRONICLE.
484
[Vol. lxxix.
The market for railway bonds has been relatively dull and
The transactions averaged less than $2,000,000 par
value per day, with only a few issues conspicuously active,
For Ditidtndt let page 482.
and those of a speculative character. The record of sales
at the Exchange shows that but few high-grade issues have
WAI.Ii STREET, FRIDAY JULY ^9, 1B04.-5 P. VI.
The Money Market and Financial SItnal ion.— Fears that changed hand3 and that prices of this class of bonds have
international complications would result from Russian naval been well sustained.
Central of Georgia 2d incomes are exceptional in an adaggressiveness in the Orient was an adverse influence in
Wall Street, increasing in severity up to the close of busi- vance of over 3 points. Northern Pacific 83, St. Louis Southness on Wednesday. It cansed a decline in the security western con. 4s and Kings County Elevated 48 have been
markets, «specially marked on Wednesday, a rise in foreign relatively strong, while U. S. Steel 5s, Union Pacific conexchange rates and an advance in prices at the Produce vertible 4s, Rock Island col. trust 5s, Burlington & Quincy
Exchange. Thursday morning's news from abroad gave a joint 4s and Oregon Short Line participating 4s are fractiontotally different aspect to the matter and reversed the pre- ally lower than last week.
vailing tendency of the markets referred to.
United States Bonds.— Sales cf Government bonds at
The volume of business is restricted, however, and a feel- the
Board are limited to $1,000 2p, reg., 1930, at 105i^, and
ing of caution is more or less prevalent, which is logical
1908-18 at 105 to 105=^. The following are
enough in view of the general situation as it is to-day. $680 3s, coup.,
"When the growing crops become a more fixed quantity, the daily closing quotations; for yearly range see thira page
when the labor situation East and West is in a more satis- following:
factory condition, and when European affairs are in a less
Inttrut July
July July July
July
PtrioAs
S3
35
37
'l,"^
29
sensitive state, there will doubtless be more confidence manifested on the part of capitalists and investors. In the mean- Is, 1980
regiBtered Q— Jan 106 H *104»4 *104H *104H •104S •104H
time it is not surprising that there are frequent sharp and Is, 1980
coupon Q— Jan •1C4»4 •104*4 •104S •104'a *104'^ •104^
......
rather wide fluctuations in prices at the Stock Exchange, a Is, 1930,8ma.J.regl8tere<l
Is, 1980, smaU.... coupon
somewhat less eager inquiry for high-grade bonds and an Is, 1918
registered CJ-Feb *i04»« *i04»4 »i04»i *i04>i *i04i« •i04>t
coupon Q-Feb •106»i *106»4 *106»4 *106H *106^ *108»4
Is, 1918
increasing accumulation of idle funds at this centre.
The open market rates for oall loans on the Stook £zohange 18,1918, smalLreglstered Q— Feb *i06" *io6' 'ioi" ibe" •ioe' •106"
coupon Q-Feb
18,1918, small
during the week on stook and bond ooUaterals have ranged 4s, 1907
registered Q— Jan *106J« *106>« -1061* *106 *106»« •IO6I4
coupon Q— Jan noe"* •108J« *106J« *106 •ioe»4 *ioe>«
from
of 1 to 1 p. c. To-day's rates on call were %otl 4s, 1907
181'« *181>« *181 *181 •111
registered Q-Feb
4s, 1926
to 1 per cent. Prime commercial paper quoted at 8)^(33^ per 4b. 1926
coupon Q-Feb •182H *182H *182»a •132'4 •1821* •182 1«
^a^jette.
lanfejers'
steady.
^
cent for endorsements and
^%@i]4 P- c. for best single names.
The Bank of England weekly statement on Thursday
howed an increase in bullion of £185,909 and the percentage of reserve to liabilities was 4725, against 50'70 last week,
the discount rate remaining unchanged at 8 per cent. The
Bank of France shows a decrease of 11,650,000 francs in
gold and an increase of 1,000,000 f ranos in silver.
HBW TOSK OITT 0I.BABINO-HOU8II
Difftrencti
1904
July 23
Oapital
/row
A
100 072,700
43819,201
968,200
902.376,80(
3 66,367,101
78,14l,60(
31,997,700
662,097,200
174,136,600
79,390,100
860,970,400 lac ll.6U,70(
800,860,800 IHO 6,668,460
244,509.600
226,694,200
263,626,700
238,024,300
18,916,400
16,602,400
discounts 1,099,849,200 Inc 12,3?0,60t
Itoaas
Olroulatlou
89,182,600 Dec
23,60(
Ifet deposits
•1,301,443 200 Inc 22,2';3,800
Specie
266.966,400 Inc 10,666,600
86.016,000 Inc
Legal teftders
Beserrebeld...
15 p. c. ot deposits
Surplus reserrel
190S
July 28
109,922,70«
129,ie8,90(
907,899.700
116,972,700
134,823,400
Bnrplus
BANKB.
1903
July as
60.609.600 Inc
6,046,260
1)4.637,100
918 294 600
$28,343,200 CTnlted States aeposlte included, against $23,323,100 last
week and $87,267,100 the corresponding week ot 1903. Wltb these
United Statesdepoaltsellmtnated, the surplusreserTewoxild be 166,446,400
on July 23 and 160,394,126 on July 16.
Mots.— Be turns of separate banks appear on the preceding page
*
Foreign Exchange.— Influenced by an urgent demand for
remittance, due to the advance in London discounts resulting from the withdrawal from the market of $12,500,000, the
proceeds of subscriptions to the Japanese loan and also to
the political tension caused by the raids by Russian war vessels
in the Red Sea and in Far Eastern waters, exchange was
exceptionally strong this week, closing easier on the relaxation of the political tension.
To-day's (Friday's) nominal rates for sterling exchange
were 4 85i^@4 86 for sixty day and 4 88@4 88^ for sight. Today's (Friday's) actual rates for sterling exchange were 4 8510
(34 8520 for long, 4 8770@4 8775 for short and 4 e8l0@4 8820 for
cables.
Commercial on banks, 4 8475@4 8485, and documents for payment, 4 843^@4 8540. Cotton for payment, 4 841^
4 84)^; cotton for acceptance, 4 8475@4 8485, and grain for
payment, 4 8535@4
8540.
To-day's (Friday's) actual rates for Paris bankers' francs
were 5 18^(35 18^* for long and 5 17i^@5 Uy^X for short.
Germany bankers' marks were 95(395 1-16 for long and
95%(a95 7-16t for short. Amsterdam bankers' guilders were
401^11 (340 3-16* for long and 40 5-16«[[(a40%» for short.
•Thials the prloe bid At the
-Long.-
-Short.-
-Cables.
SaUi
STOCKS
ir««« Jlnding July 29
AlUs-Ohalmers Co
Foundries
Preferred
Amer Teleg & Cable
Cleve Lorain <fc Wheel..
Diamond Match Co
200
ICO
27
100
«6
Seneral Chemical
Nat Bnam <& Stamping.
Preferred
NY Dock Co rights...
Pacific
South.
Rvi^gt )or Wetlt
or
uM
Pi
4,960
1.660
Preferred
Am Steel
100
820
224
100
84,595
97eJ> ly26
4934 J' ly36
5 J' lya7
35
91
60
131
49
ly23
ly25
ly29
ly28
ly26
18>4J ly26
Mmngt Hnee Jan.
6
1.
Mar 16 Feb
ly2S
SSHiMar
J' lySij
36 J' ly28
91 J' lyas
60 J' ly29
13 »«J' lya6
49 J' ly26
3 >i J'ne
64»8PeT>
7 J'ly
26 J'ly
82 Jan
60 J'ly
88>aJan
92 J'ne
60 J'ly
65
6
I4I4J ly28
76 J ly26
16>«J'
16 J ly27
2i«J ly28
16
?!<
ly26
J' ly26
J ly27
2>2J •ly28
12734Jan 13ll9J'lJ
4» Mar 68\>Jan
14>«J'ly 21 Jan
75 J'ly 83 Jan
16 J'ne 20 Apr
2 H, J'ly
2>2J'ly
Ontside Markets.- Trading in the market for unlisted
securities has been on a limited scale this week and prices,
with few exceptions, have been lower in sympathy with the
declining tendency on the Stock Exchange. There has been
a sharp falling off in the dealings in Northern Securities
stock, the transactions for the week aggregating, it is esti-
Exchange at Paris on London to-day, 25 f. 28J^ c; week's
range, 25 f. 26 e. high and 25 f. 23i^ c. low.
The week's range for exchange rates follows
SUrling Actual—
High... 14 8520
® 4 8630
Low... 4 8460
® 4 8475
Paris Bankers' Francs—
momlng board; no smlt was nuKle.
Bailroad and Miscellaneous Stocks.— The stock market
has been less active than last week and the movement of
prices was reversed. They declined with increasing force
up to the close on Wednesday, when the active list generally
showed a loss of from 2 to 3 points, Thursday's market waa
as strong as that of previous days had been weak, and substantial recovery was made, although the volume of business
was near the smallest. To-day's market opened steady, but
there was not much demand, and prices were not maintained. The clcse was at about the lowest of the day.
The trend of the market in both directions was so general
that but one or two exceptions are worthy of note. Ontario
& Western has been in steady demand, selling each day
higher than at the close last week. Louisville & Nashville
covered a range of over 5 points. Manhattan Elevated was
a leader of the upward movement, advancing 3 points on
Thursday, but losing a fraction to-day.
Industrial stocks have received only indifferent attention.
Of these U. S. Steel preferred was by far the most active. It
fluctuated over a range of 43>^ points and responded quickly
to the change of sentiment noted above. Tennessee Coal,
Iron & Railway has been relatively strong throughout.
Anaconda Mining and Westinghouse were weak.
For daily volume of btiainesa see page 491.
The following sales have occurred this week of shares not
represented in our detailed list on the paces whloh follow.
mated, only about 7,300 shares, while last week about 30,000
shares changed hands after an advance of 3^ point at the
.
;
otening, to 104i^, the price of this stock moved down
® 4 8786
irregularlv to lOl ; the last s«le to-day was at the low
The
price
figure.
of
Interborongh Rapid
Transit
High... 5 18»4
® 6 18>8*
6 17'a
@ 5
shares fluctuated between 132^ and 134
and closed
Low... |6 18»4
®6 18>8* 6 17i<j -a 6 X&W
17H
to-day at 133)^.
Seaboard Air Line preferred gained
Oermany Bankers' Marks—
points, to 17.
Southern Pacific new preferred
1}4
High...
96
^ 96ii«
@ 95''i,
967i,t
Low
95
© 95iig
stock "when issued" declined 2"^ points, to 112>^, Standard
96^
@ 96»iel
Amsterdam Bankers' OuUders—
Oil rose from 627 to 630. After a drop of 3 points, to 40,
40i«t;
High...
® 40»ig
40%*
9 403^^
American Can preferred recovered to 41J>^; the common
Low... .
9 40»i,*
40»*D
® 40%*
40»ie1I
shares declined 1^ to 4^^. American Chicle preferred adLess: * »!• Of 10/0. t »«* of 10/0. % »s. Of 10/0, PInsi 11ii» of 1<%. ••issofis.
'hsofio/o. t»«*oflo/o. t »«, of lo/o.
vanced 2 points, to
the common rose froni 91i^ to 93,
The following were the rates for domestic exchange on but later reacted to85;
92^. Phoenix Mining lost 2 points, to
New ?ork at the under-mentioned cities to-day Savannah, 10. Greene Consolidated Copper moved down from 15^^ to
121^0. per $1,000 premium; Charleston, 26c. per $1,000 prel^l^; the last sale to-day was at
mium; New Orleans, bank, par; commercial, 25c. per 145^ and then recovered toConsolidated stook made its first
Montreal
Boston
14 Jg.
$1,000 discount; Chicago, 40c. per $1,000 premium; St.
appearance on the "curb" on Saturday and the initial transLouts, 60c. per $1,000 premium; San Francisco, $1 per
action was at 1%; on Monday the price advanced to If^, but
$1,000 premium.
later in the week it reacted to 1%.
White Knob Copper
State and Kailroad Bonds.— Sales of State bonds at the lost a point to 4.
Board are limited to $10,000 Va. 6s def trust receipts at Q%.
Outside quotations will be found on page 491.
1
I
|
4 8796
4 8725
-a
4 3810
4 8860
4 8780
4 ^860
^9 4 88
'3>
I
I
I
I
I
I
I
I
:
&
.
i
i
New York
4
. .
Exchange— Stock
Stock
11
1
Record, Daily, Weekly and Yearly
OCCUPYING TWO PAGES
STOCKS—SIQIIEBT AND LOWEST SALE PRICES
Monday
Baturdav
July 23
July 25
28
65
*2QH 80
56
59
79I4
78^6
96=8
8438
SS"*
f"
6234
*94
523b
r*l28
•163
S4
Si's
130
64
'163
3334
86^8
I24I2
66
165
34 Hi
391a 4034
-79
84
180
120
....
130
143*
....
8084
124
1G5
S4
62S8
130
140
z^h, 3939
81>2
*79
•180
•120
95
{95
8684 86^8
12^14 124 •«
*64
G6
*
8514
126
•130
1
79'«
97 14
11612117
120 "2
85%
!
7838
96'8
97%
•
30
GO
81
143^
84
63
53
221a 25
•SI
84
*51ia 53
*22'2 24^8
I48i8ll8»8
*178:'4 181
179
•178 4517914
•222 225
,
;
222
226
*135
5178
140
178
•135
•17j
140
•14
147>2 14838
181
17812 179
15
6I4
6I4
14
16
434
5
*4'a
43,
29
29
75 12
75
'105 110
14 "a 1434 •1414 15
49
48>a i.»^ 48
20 >4 2034
20^8 20^8
100 "a 161
15914 161
•265 275 •268 272
*74
•106
76
110
*2134
72'3
•19
-2
*4
65
22
72
19
2238
72'8
....
65
*6i2
7
lOHj 101^
10
m^i
"53
•75
•40
'55
77
9534
*o6
78I4
96 Sj
121
75S8
30
60
774
95 "s 96
121
Thursday
July 28
friday
July $9
26
55
•26
30
65 60
7638 78
954
STOCKS
NEW YORK
3
5
6538
7
Shares
Railroads.
Ann Arbor.
30
60
Do pref
Atch. Topeka
&
jor Year
0/
83112
94
8412
ai5
82 4
93
835,
116
Lowest
25
Santa Fe. 147,800
117
834 84=8 83 4
92 4 92 4 92 4
,
&
J'lyll
Feb24
8758 Jan
104 4 Feb 18
7278Marl4
87=8 Feb 19
38 Feb24
1184 Mar 2
64
,
64
80
80
&
81
51
21
81
&
&
&
14
73
19
•214 22
72
19
72
25
•2
4
5644
6
234
43,
644
7
10
10
253,
24
2434
61
60 12 62 12
5934
3a3g
354 37
54
55
80
'53
&
14
48
14
H9
56
80
194
21 224 214 224 214 224 Denver Rio Grande
7II4 7134
7H4 714 71
71
184 25 19 25 19 25 DesDo pref& Ft. Dodge
Moines
3
5
6338
7
104 104
2
{2 4
24 Detroit South. vot. tr. ctfs
44 44
Do pref. vot. tr. ctfs
634 63 4 Detroit United
•6
7
Duluth So. Shore <fe Atl..
10
104
Do pref
24 4 24=8 Erie
604 6I34
Do 1st pref....
36 37
Do 2d pref
3
5
6478
•4
64^8
6
7
no
114
2438
24 4 2434
59 '8 603,^
61 3b
60
354 354 354 37
63
66
56
66
56
•76
75 80 75
80
40 51
•36
40
40
170 185 •170 185
'170
70 •
70
23-'6
66
80
Evansv.
Hange
lor IVeviout
Year (1903)
Highest
Lowest
27 Jan 22
69 J'ly 21
797b J'ly IP
& Terre Haute..
366
Deo
41 Jan
69 Jan
89 78 Jan
103 4 Jan
Dec 126 May
Sep 104 Jan
25
544 Dec
54 Aug
84% Aug
{1354J'ue21 140 Sep
87 J'ly 19
123 J'ly 18 115% Oct
684 Jan 2 57 4 Sep
166 4 J'ly 13 153 Oct
36 Jan 28 27 4 Nov
414 J'ly 26 184 Sep
85 4 Jan 2
60 Sep
nS2 Jan 14 5170 J'ly
«135 Mar24 105 J'ly
1734 Jan 22
13 Aug
864 Apr 12 83 4 Sep
71 Jan 23 63 Oct
31 Jan 21
24 Sep
14934 J'ly 20 133 14 Aug
182 J'ly 14
I8O34 J'ly.ai
J'ly 16
2-.'4
U37 May
145
7
Jan2l
{185 J'ly 20
1234 Jan
26 4 Jan
7% Jan
3334 J au
8O34 Jan
16
15
4
18
22
1104Marl4
19
Jan 12
584 Jan 2.'
28% Jan 22
168 4 Jan 22
:i7534 Apr 7
Marl4 23 '8 Jan 22
1,625 644 Feb 24 74^8 Jan 22
19 4 Jan
24% Jan 22
110
14J'ne27 1434 Jan 2o
100
234 J'ne27 29 4 Jan 25
1,025 604J'nel6 68 J'ly 19
6 4 J'ne 3 104 Jan 22
660
934 J'ne 4 1634 Jan 23
32,685
16,542
1,290
Highest
98 J'ly 20
121
J'ly 21 106
857g Jan27
71%
95 J'ly 20 8234 J'ly 963,
53 J'ly 19 294 Sep 714
130 J'ly 7 121 Not 150
18
<fe
2
4
624
6
1904
100-share lots
{4934 J'uo 8
]
784
954 964
Sange
On basis
Week
EXCHANGE
76^8
9634
Sales 01
the
STOCK
5.414
Do pref
*116i4 117 Atlantic Coast Line BB..
300
84=8 Baltimore <& Ohio
40,573
95
95
9434
365
Do pref
50I2 51'6
50=6
49
4934 51 14
50 4 SlSg Brooklyn Bapid Transit.. 86,386
*126 130
126 130
126 130 126 130
140 .... •130 .... *140 .... Buttalo Boch. Pittsb'g.
ISO
Do pref
51354 J 'ne2 4
8634 86''l
8O34 86'b
8634 86^4
8634 867g Buffalo & Susqae, pref...
1,210 86 4 J'no 9
1231212418 I2214 12338 123 12334 1237el24
4,895 109 4Marl2
/ lanadian Pacific.
6412 66
•64
66
•64
66
66
anada Southern
64 Apr 29
"706 154 4 Feb 20
163 1(35
163 163
1624162 4 •163 164 Central of New Jersey...
33 14 3334
324 3314 33
334 834 334 Chesapeake cSi Ohio
8,680 28 4 Marl
401* 41 14
394 40^8 897, 4034 8958 4034 Chicago* Alton
9,325 33 Jaul5
84
•80
804 804
84
84
100 75 Jan 2
Do pref
•180 ....
180
180
•180
Chicago Burl
Quincy..
{181 Jan 18
122 140
124 124 •125 140 *125 140 Chicago & East. 111., pref.
'Too 124 Feb 11
14ie I4I2
1334 14 14
IS^o IS'e
1376 144 Chicago liJreat 'Westem..
3,800 12 78j'ne 8
-81
81 84
84
84
84
804J'lyl3
Do 4 p. c. debentures
61"% 62
54
•614 62 14 50 4 52
700 47 4J'ue 6
Do 5 p. 0. pref. "A"..
22 12 22 12
21 25 •21 25
24
150 20 J'ne 6
Do 4 P.O. pref. "B"..
I46I4I4714 145 41463, 1453414714 146%14778 Chicago Milw. & St. Paul. 110,835 1374 Feb 24
17834 181
17834 178^4 {17941794 "17834 180
145 173 Mar 4
Do pref
177 12 17734 177 4178
178 18036 180 1804 Chicago
4,522 1614Marl4
North Western
'220 225
•220 225
'220 225
207 Fob 8
Do pref
Chic. Rock Isl'd
Pacific
{130 J'ne G
•135
135 140
'133
140
140
135 140 Chic. St. P. Minn.
135 JIar22
Om.
'175
175
'176
....
175
20 {165 Apr28
Do pref
6I4
6I4
*6i4
•614
7
7
64 64 Chicago Temi'l Transfer.
828
54 May24
14
14
14
144
144 134 14
1,400 13 4May27
Do pref
4I4 6
434
434
434
5
434
434 Chicago Union Traction.
700
4 J'lyll
200 29 May24
Do pref
•74
76
75
•73
73
75
76 Cleve. Cin. Chic.
200 68 4Maylb
St. L
'105 110
105 110 •105 110
105 110
100 Feb 8
Do pref
{14<^ 141^ §1434 1434
144
15
360 13 4 J'ne 1
Colorado & So., vot. trust
49
43
48
48
48
49
730 48 J'ne 1
Do Ist pf. vot. tr. cf s.
194 194
20
20
20
20
1,250 1778 J'ne 7
Do 2d pf. vot. tr. ctfs.
I594I6OI4 15941594 159 415978 159'4 15934 Delaware dfc Hudson
4,000 149 Marl2
'265 270
•265 270
§26442644
263 270
elaw. Lack. & West'n
2504 Feb 23
'U5
3634
57
80
28
30
60
im?
24'58
2534
6234
SS-^
«38i4
73
25
4
6538
6
5
25»8
225,
214
3
26
Wednesday
July 27
,
140
l4Uj
14»4
Tuesday
July 26
214Mayl6 29i4Jan 2
55=8 May 31 6;)34 Jan2;
33 Ma>i6 50 4 Jan 2
160
Feb
Feb
Feb
Feb
13834
Feb
784 Jan
Jan
534 Jan
374 Jan
754 Deo
190
5184
Mar
1384 Jan
29=H Jan
907eJan
85 4 Jan
4678 Feb
183 4 Jan
168 Aug 1944 Jan
153 Sep 224 4 Jan
190 Auj 250 Jan
132
Oct 200 4 Jan
117 J'ly 162 Jan
{165 Nov 194 Jan
8 Aug 19 7g Jan
15 Sep 36 Jan
3
May 174 Jan
30 May 5934 Jan
66 Aug 99% Jan
112 Dec 119 Jan
10 J'ly 314 Jan
444 Aug 72 Jan
17 Aug 48 Jan
149 Aug 83 4 Feb
230 J'ly 276 4 Jan
18 Oct
43 Feb
62 Not 90 4 Feb
12 Sep 47 4 Jan
734 Aug 20% Jan
14 Nov 3934 Jau
55 Oct 90 Jan
Aug 19 4 Feb
10 Nov 29% Feb
23 Aug 42=8 Jan
62 4 Apr 74 Feb
44 J'ly 6478 Feb
f:
39 4 J'ly 72 4 Jan
78 Aug 91 Jan
31 Sep 7434 Feb
160 Oct 209 Jan
73 Dec 85 Jan
10 Aug 274 Jan
63 Sep 106 4 Feb
1
664 Jan27
72 Feb 23
Mayl2 64 Feb 3
170 185 170 185
185
Marl 7 186 Mar2;^
•
74
74
70
70
Mar24 7979 Jan 7
*12'2 I3I2 121a 1312
13 14 13 14
1278 127,
121a 124 124 134
Do
J'ne 1 154 Apr 6
deb.
*&o
69
69
69
63 69 04 677t Hocking Valley ctf. B
64
67
May 24 77 4 Jan 22
•7912 81 12 •794 814 794 814 •794 814
*79>ii 81
804 80 4
'7
Do pref
Marl 2 85 J an
Oct 994 Mar
J136'el36'8 136ial37i4 13541364 135 1854 1354136
135 4 136
6,440 12534 Feb24 137 4 J'ly 20 125 4 J'ly 151 Jan
Illinois Central.,
19
19
ISTg 18^6
19
•184 19>4
19'4
18'8 18^(
19
19
600 14 J'ne 4 22% Jan 8 16 J'ly 48 Jan
owa Central
•36
36 -67^ 354 37
35 36 •35
35
35
37»a
20L) 32
Do pref
Feb 25 42 Jan 14 304 Oct 77% Jan
•26»4 28
264 28 254 264 26 36 Kanawha •& Michigan..
i27^ '27 hi 264 28
'2i
50 22 4 May 9 29 Jan 2
25 4 Oct 47 4 Jan
70 74 71 73
73'a 73'2 {7312 7358 73
75
714 72
330 64 4 J'ne 1 743, J'ly 2(1 62 4 Oct 8234 Feb
G.Ft.S.<feM.,tr. cts.pfd
•
•21 la 223^
23
2234 20
22
{2134 VI34 •2014 2234 Kansas City So. vot. tr. ..
16 16 4 Feb 24 2234 J'ly 18 16 4 Oct 364 Jan
*43'2 4414 43 I2 4438
4234 434 41"% 424
42% 4238 42 4 42 4
Do pief. vot. tr. ctfs.
700 31 Feb 29 45 J'ly 18 29 Oct 61 4 Jan
•121.J 141a 1212 1412 124 144 124 14 4 •124 14 4
•124 144 Keokuk <fe Des Moines...
104Janll 19% Apr 12 10 Oct 40 Mar
•47
•47
62
•47
'47
52
47 52 47 52
52
52
Do pref
45 4 Apr 7 52 Apr 12 48 J'ly {55 Apr
»2;
28
•26
28
26
26 28
28
26
28
26
28
26 Marll 304 Jan 25 23 4 Nov 53 Jan
•85 100
86 100 85 100 85 100 85 100 •85 100 Lake Erie & Western...
Do pref
85 J'uel7 95 4May24 89 Nov 118 Feb
•245 275 245 275 245 275
•245 275
75
{250 J'ly 1 {27134 Feb 24 275 Deo 334 4 Jan
•64
52 56 52 56 52 56 245 275 245 2 554 L. Shore <fe Mich. South'n
56
52
664 '52
Long Island
46 Mayl7 56 4 J'ly 19 49 Dec 83 Jan
117i2ll77e xllo II512 113-8 11478 112 II314 11238 114 4 11334 114
Louisville cSi Nashville... 17,494 101
Feb 23 118 J'ly20 95 Sep 1304 Jan
•151 152
151 162
161
161
150 150 4 160 I0I4 I5OJ4 I5I34 \'I anliattan Elevated...
3,680 13934 Marl2 152% J'ly 20 1264 Sep 155 4 Jan
•87
88
853, B634
87 4 87 4
8334 86
85
89
87 7g 89 4 i'J-etrop. Secur., sub. rec. 23,500 724 Mari4 92 Jan 21 704 J'ly 128^8 Jan
1161411614 11538 116 4 1144115 4 1144115
114411734 117411878 Metropolitan Street..
90,420 10434 Marl4 124 Jan 2 997eSep 14278 Jan
Met. West Side El. (Chic.)
16 Jan 15 174 Jan 4 17 Dec 38 Jan
Do pref
45 Mar 9 53 J'lylv 6 1 4 Dec 88 Jan
B Hi
914
8',
91a
938
94
94 94
94 9=8
94 104 Mexican Central
9,920
5 Apr 23 144Jaull
8 4 Not 29
Mat
•120 140 120 140 •120 140 120 140
120 140 120 140 M ichlgan Central
{119 4 Feb 1 138
Feb 26 102 May 135 Jan
•4a
•45
48
47
40 60
46
46
"45
46
46
65 Minneapolis & St. Louis.
200 40 J'ne 3 6734 Jan 18 41 Oct 110 Jan
SO 95 81 05
t
80 90 80 90
80
95
80
80
Do pref
loo 80 J'ly 29 9434 Jan 21 83 Nov 118 Feb
,73
73 In
74
75
744 754 734 7434 744 75
744 744 Minn. S. P. & S. S. Mane. 8.435 56 Jan 4 75 4 J'ly 26 42 Aug 79 4 Feb
128 128
128 1284 128 128 {128 128
128 128
127 128
Do pref
1,025 116 May 2 1284 J'ly 26 1094J'ne 1324 Feb
1839 1836
1
184 1814 18
17 4 17\
174 18
1734 1734 Mo. Kansas <& Texas
1,725 14% Feb 24 1 9 Jan 2
1540ct 30 4 Jan
4114 411a
404 404 3834 40
384 39
8834 SUi^
394 3y%
Do pref
2,665 32 4 J'ne 1 42 4 Jan 22 33 Oct 63 4 Feb
54 14 9434
92 4 934
914 92 4 91=8 ^278 9134 93 Missouri Paoiilc
93»B 944
74,810 87 Feb 27 95 '8 Jan 22 8534 Aug 1157gFeb
•112 115 112 115 111 114
IIII4IIII4 {11138 111% 112 114
120 1014Feb2i 1244 Jan 11 85 Oct 133 4 Deo
NT ash. Chatt. & St. Louis
•SGia 87ia
37
37
364 364 •354 364 354 37
36
al.ot Mex, non-cum.pf
36
200 3434 Feb 25 41 Jan U 34 4 Mai 47=8 May
v^lGia 18
ISI4 I8I4 17
I8I4
184 •16
174 174 16
18
Do 2d pref
400 1678 Feb 25 217gJan 8 17 Nov 284J'ne
,*n9i4llOia 11841194 11841184 11758 118
lis 119
1184119 N. Y. Central &
11278 Marl2
2%
Jan
*29
29 14
29
294 28 4 29 4 •284 30
284 294 •284 29 4 N. Y. Chic. & St.Hudson. 6,600 25 Mayl6 122 4 Jan 8 11 9 4 J'ly 156 Jan
200
Louis..
32 Jau23 1
Sep 45
•108 110 108 110 •108 110 •108 110
102 110 •102 110
Do Istpref
1014Mayl2 109 4 J'ly 6 loo Oct 118 Jan
•60
60 65 •60 65 60 65 58 65 •58 66
65
Do 2d pref
00 J'uel4 69 Jan 2
50 Sep 87 Jan
« 193 la 193 la
192 1944 «liU4l944 192 195
194 190 193 ^f Y. N. Haven c£: Hartf
21 {1854 May 19 196 Jan 2i H87 4May
3078 31
30 14 Si's
30
3Q\
304 3114 29 '8 ao'g 2934 30 4 N. y. Ontario & Western 43,305 19%Marl4 31% J'ly 26 19 Sep 2254 Jan
364 Feb
6218 62 14
614 ei'a 604 614 694 604 60
6078
60
6O34 Norfolk & Western
10,815 53 4Marl2 6278j'iy ih 6334 Nov 764 Feb
^
•88
82
{90
90
87
91
90
91
90 92 -90 4 92
Do adjustment pref.
725 83 May 6 91 J'ly 27 85 Aug 93 4 Feb
Northern Central
150 J'uel4 170 J'ly 21 19(» Aug 190 Aug
•69
•59
61
•674 61
61
•674 61
•60
594 60
Maclfic Coast Co.
61
400 51 V«b24 61 J'ly 13 3934 3ep 72 Jan
•05 106
•95 105
•95 105
95
95
95 105 •95 103
Do Ist pref
100 95 J'lj'26 95 J'ly 20 80 J'ly 100 Fob
•674 691a 674 694 68-'4 6884 •68
69
67 684 •67 4 69
Do 2d pref
130 614 J au 12 6834 J'ly 26 60 4 Aug 76 Jan
121 lam. 12041214 119=8 12034 118 4 H95e 11834 l-.i04 119 4 120 14 Pennsylvania
194,060 1114Marl2 123 4 Jan 2. 11034 Nov 157%Jaa
19 214 19 19 17 20 "19 20 17 21 reoria (& Eastern
120 17 MarlG 23 4 Jan 22 16 J'ly 39 Jao
•75
•75
76
40
51
51
75
•40
51
'
Do
64
72
100 40
170
72
10 11
400 60
200 77
pref.
Wortli&Den. C.,stnip.
Great Northern, pre!..
Green Bay<& W.,deb. ctf.A
Ft.
'
!
;
'
!
,
J'lyl6
Feb 23
'4
I
i
I
i
'
,
:
•
.
80
80
•63
*a6
63 <4
•83
84
•681a
71
2J
6GI4
•25
•64
65
99
96
5418
63
83 4
684
23 -V
2234
66I4
35
I
65
^25
'4
65
99
64
83 4
714
23\
66 '4
85
'63
•93
517g
•75
80
75
64
96
62
93
60
93
5034
63
96
62 4
82
8334
63
83 4 83 4
•68 4 70 4
224
65
'25
223,
65=8
35
'68
21'^
71
224
63 4 65
•30
40
80
•76
fore Marquette
64
96
62
83
Pittsb. Cin. Chlo. <&
Do
213«
64
-30
80
•62
•93
63
90
614 63
83 4 83 4
•as
71
4
«14
{S3
68
2178
61
22»B
65
•30
40
Do
pref
Reading, vot'g
Ist pref. vot.
714
2234
64
pref
2d
L.
tr. ctfs..
tr. ctfs...
pref. vot'g tr. ctfs.
Rock Island Company
Do
4
40
SU
pref
Riitlaud, prof
74 4 J'ne 9 81% Jan 23 74
{68 May31 {69 J'ly 13 {74
55 Apr20 6634 Jau 22 55
90 April 98 Jan 22 90
179.65U 3834 MarU 6434 J'ly jl
37 4
980 76 Mai 1 8334 J'ly 1'.^ 73
554 Feb 25 72 4 J'ly c 6534
43',2'5I
19 4 Marll 274 Jau 22
19 4
8,643l 5734 Jan 6 G.s'g Jan22
5534
30 Apr 22 38 4 Fob 91 30
J'ly
91
4 May
Deo {76
Sep
t)ct
Not
.Sep
Nov
Aug
94
115
69 4
89 7j,
81
53=8
Sep ^Q
Augl 72
Sep
Jan
Jau
Jan
If el,
Jan
Jan
Jau
Jan
BANKS AND TRUST COMPANIES— BROKERS' QUOTATlOiNS
ma
UaiiUji
ABk
NKW YORK
American
Aiiier
Dr 140
166
C'rnKxchgol 346
340
146
East River.. 160
Fidelitj-li
180
Chase
•iOO
.!10
Clialiiam ...
Chi'lscaExcli 176
.
Citizens' Ctrl
I
•
1
155
150
200
1000
First
;26
Bid and askeilpnces; no sales were
a^o at StockExchaugo or
615
lUiulo
ai auction this
210
Gallatin
3hO
(iausevoortli 140
(Jarlleld
500
German Amli 155
Ask
too
165
(Jerniau Fxl, .175
155
165
Fifth Avol).. 3600
FUtli
;;oo
1100
145
150
Di.'icounill ...
Bid
Fourth
1i
CoiiHiilidated
Banks
14UiStreet1I. 300
176
Columbia .. 350 400
Commerce.. t2083^ t20S)4
180
iiiical
Ask
263
500
225
826
Cciiturylj...
Ch<
Bid
475
215
775
325
..
Kxch.
Astor
Uovvoryli
liiitch'sA
Uanks
City
260
Coal & Iron. 166
Colonial I1
450
Gcrmanlali
..
550
(ireeiiwich \
ilamiltoiOl
..
'TO
170
.-.00
Hanovor
Imp & Trad. 555
Irving
218
.'25
Banks
140
500
950
.Manhattanll
.Market <V;Fui
.Mechanics' .
.Mpch cfc'IYaT
.Mtrcautile ..
.Mcrch Kxch.
.Merchants'..
.Metrop?!
310
240
260
.Mt Morri.s'1..
Ask
Bid
JeffereonU
Liberty ..
Lincoln...
Miildou Lane
Hanks
Bid
530
1050
Ask
290
Mutualll
125
135
185
190
400
UO
1500
.N V Nat Kx.
195
210
-New York... 2.H0 .'90
19th Wardli. 50
North AiiK'i JOII JIO
237
160
2J5
Noitherii
115
170
Oriental",
220
260
105
;i20
255
2(10
86
176
J
37R
200
42 R
220
on this day. { Less lliau 100 .Hh.ire.1. t tix ngiits.
week. I Trust Co. cortitioales.
h Assossiuent
',1
pV
BnakH
Bill
PIkmiix
iSi.'iHsauli
New Amster
New VorkCo
I'laz.ili
I'
KxcliT
roil
Itivfisidoli
108
625
65
250
I
..
ASIC
lift
560
175
1280
600
600
Scjiliiiiird
.^I'COlHl
Park (now)..
H5
.il(»
130 146
1000
195 200
12th WiiiilT. 1 20
23il Wardi .. 125
Uninu Kxclil 175 163
I'pople'si
270
.'90
UllillMl
1
.
I'aciHcli
State bauKn.
a
Ex
.siidf.t Lctli.
.siiiii'
.(4 III
230
Sli-crt
aiviUeud and rigui*.
..
90
100
Hov aUtclt.
.
Stock Record—Concluded— Page 2
486
aroch.s—HjHHt:si
aud lowkst sals prjokh
Mmidau
•10 Si 12
-40
43
2V!
•ID
-62
72
62'^ 53
•161
161
'I'uesitay
fVedneaday
July 25
Saturdav
July Ja
'I'S^
3338
61 »
July 26
July 27
•lOia
12
40
J
4()V
•lOSj
•39 Sj
22
70
22
70
-19
•70
631a
164
62
623*
161
{I3I4
14
333.
33
I3I4
33
SOig 52
^4
la
n64
12
•IOSj
TKuridav
July 28
•10
•32
12
41
39
22
19
72 Si •70
62 3,
61
161
164
39
22
18
614
62
164
13
33
I314
12
33 14
32 1«
6238
101
164
13
13
3234
12 S)
la
12
41
21
72 S.
62
•70
72>a
33 14
*48Sl 49 Si
23^'
23
33
2:t'9
24'',
6014
2234
89
89
607.
2338
8818
513b
24 Hj 243^
8U
89
88i»
88
88
88
25a»
25 14
2534
24 14
25 V
24 14
119
20 Si
•24
37 14
2434
2414
61h
2534
*121
123
122
•20 1» 24 "8
24I4 26
121
24^.
-20»il
•24>a 26W.
38 Sj 38^^
•t»6'4 96
97
94
97a^
lOVi
10'4
94
38
383,
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9538
96^ 97 14
94
•10
94
3818
95 Sj
•95
9538
«94i4
11
17
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3638
15
aesfe
16
35'a
14 1»
88
22
39
38
223^
Wa
14->4
36
211a 22
18S
M7ia
403,
391a
181a
3934
23-18
120
24",
38S!
96
96
90
95
94
33»,
•10 14
25
24 Sj
3Sia
9668
94I4
9334
94 •«
11
119
88 Si
2638
119
201a
25 Sj
38 14
96>4
96
97
•10
17
3>ii
9534
}48»8
17
14
12014 I20I4
49
I714
>,
24
•20 '8 24 \
•24 'a 26
4334
• 4034
9718
94
3638
14W,
38I4
•21
11
4734
le'a
34-4
I4I8
473,.
48
48
16»8
16»8
34=4
1418
1634
37
38
22
163,
'IOI4
48«8
17
35«8
15
383^
2IS1
2iia
11
35
1414
1734
173^
1634
391.
38
14ie
39
22
38
17
39 14
35
•37
21>a
•16Sj
38
38 Si
17>2
'225 230
225 230
'225 230
«225 230
225 230
61 14 62'
50 14 52
62 14 52 H.
52
531*
a!50Sj 513t,
18i«
19'-.
19
1834 19
18
I8S1 1834
18S» 183
•77
•77
•76
78^4
781
7»34
77
77
•77»a 79
*26ia 28
}27
27
•26>a 27
26Sj 27
•26'a 28
88I4 90
•88 1* 90
•8834 893, 88834 89
•88'4 90
-23
'22
•22
23 27 ••23 27
27
27
26
•200 206 4200 200
198 {200 Vj -195 200
195 200
*6
•6
6-'<
-6
•6
63.
634
6«2
63,
•61a
•4
•4
•334
434
43,
434
434
43,
•20
•20
•19
•20
21'^
20
23
23
20
21
*7
634
73,
738
738
7
7S
71a
*6Si
7Si
„
28 14 28 14
2734 28 14
27^8 27^8
281a 29 '8
J 28*4 283,
•9
"834 10
•834 10
•834 10
•834 10
10
*26
•26
•26 ....
*26
29 la
291-.I
20 -„ 2II4
2214 223,
22
22 Of,
21 S2 22«8
20Sj 2138
•86
87
87
887 Si 87 Si
88
86Sj 8615
«6»a 87
•3
•3
•3
•3
4
4
4
4
4
•17
17
17
19
*16Sj 19
16Sj 19
•16Sj 19
57
56 Sj 67 14
67 »,
57
67 S,
55Sj 561a
56Sj 57
99
99^1
9934 9934
9934 9934
99
y»34 9834
99<a
'120 130
121 130
120 130
*12U 130 120 130
91 Sj 91 Si
*yO
911a 9lSi <|91Sj 9IS2
91 H, •HI
911a
129i4l29'.j 129 I2914 128 129
I2718I28I4 12734 129%
129 18 129 Si 129 14 12^3^
•129 130 •1-^9 130
129 130
•132 1331. 131^8 131 'e •132 132 Si 13lSil31ia 133 133
12 14 12 14 •III4 12 14
•11 "4 12
"II34 15
12
12
*76
•76
•76
76S2....
76Sj •7oia
•72
•71
•73
74
74
72
76
73
75
76
210 220
•212 220 •213 220 i!212ia215 •210 220
'5
'6
•5
*5
7
7
7
7
7
•49
49
49 >s *49
49 Si
50
491a •49
491a •49
353,
361* 38 Hi
37 14
35
363,
34
35
35 >2 37-4
•63
65
66
64
64
64
64
64
4
4
.
3
-a-a
91a
195
115
196
•113 Hi
1234
•9
91.
1931a 194
115
1-23,
•69
•21
*162
70
22 "a
163
•1314 14 Wi
69 "a 69 4;
•36
37'
•31
35
•73>a 80
131a li'a
115
13%
12^8
70
*21
70
22 Va
162
1611a
•1312
•69
14'a
•36
•31
3714
70
35
*73ia 80
•12
14
IH-a 48's
•107 '8 108 S
•107^8 loss,
2II4
21
211a 22 14
49
49
'8'.|l4 94
•90
94
12714127', l;i7-a 1271a
•S8
89
89
89
•28
281a *2(l4 281a
100^8 100 la
100>alOO»b
33
33 Si
•33
3312
77 14 7714
•76
78
•221 224 •221 224
20
•1914 20
20
•75
•75
78
77
7^6
734
8
4438 46
441a 4434
•18
•18»9 19
19
781a 781a
*77>a 791a
38
38^1
•831a
•83ia
l»a
.3,
3«
411a 43V,
•28
301a
62
3b
39
Si
938
938
13Sj
'69
•36
•31
69
131a
36
80
•10
14
48 Sj 48 Si
lU8SilUSS)
93
12734 12734 •120
27S
•32
33
76Sj 76Si
«76'8
221
220
I9i«
221
76
71a
20I4
42
1
43 >a 4434
•28
30 Sj
•28
4134
*75Si
•219
•1914
76I4
7S)
•34
44
18
41
301a
85
li^
42 14 43 14
•28
30%
30Si
116
7'^
718
•83
83»2
149
49
48
19''6
714
1934
191a
76I4
1218
76^4
12'..
62 »8 6338
26-14
27 la
101 101^4
215
»20-l
SM^
»169
180
t
49
881*
160
196
»8338 833t
48
Si
i76
12
Si
19'6
76
--J
14
1234
62 14
2038
Si
63
27
lOOSjlOl
205 216
105
7i«
7=8
8234 833,
7
8I34
ll^
1238
6(»l4
105
7%
71*
8^34
82>4
•47
49
19>«
19
75
•73'a
{48 Sj 4oia
19 14 19^
76
76
ll'i
115
62 14
I9I4
73%
1138
69=8
1134
59
6114
26 Sj 2614
10034 101
205 21-2
88
88%
157 157
175
195
26 Sj 26^4
100 Sj 101 14
«210 210
88\ 883e «88Sj 88 Si
168 158
157 i:>7 Sj
•175 195
175 195
48
25%
100 -a
205
87 '8
157
175
8
mgh-ett
Lowest
Lowest
Higtisst
4
3
6938
•36
31
73%
«9ia
69%
Do
420
pref
37 14 International Power
31
Internat'l Steam Pump..
73%
Do pref
9%
200
100
Beach
National Biscuit
10734 lOS-",
Do pref
2078 22% National Lead
*17
"90% 94
126
-85
•25
12634
89
27
100
32% 33
76
76%
216 221
•19
20
9934
76% 76%
{7% 7
43% 43%
•37
83%
*»4
420
llanh.attan
4734
Do
1,900
9,900
new
300
800
445
(Ohic.)
5. -43
Pullman Company
t>ailway Steel Spring. ..
•.iOO
pref
New York Air Brake
North American
Co.,
1,000
Pacific Mail
Ga8-L.A C.
Pressed Steel Car
eop.
Do
VDo
pref
prel
Republic Iron
&
38
6,650
9,645
...
8ii5
Twine.,
4234 4334 renn. Coal, Iron <& RR...
•28
30% Texas Paciflo Land Trust
nion Bag & Paper
734
385
O loss-Sheineld St. <& Iron
O Do pref
1% Standard Rope
(J.
S.
3,200
100
<&
69,535
1.
Pipe
<b
J'ne 7
71%P'eb 9
6 % Mar2
36 Jan 4
100% Jan 16
14% Feb 26
80 % Jan 26
120 Feb 25
80 Marl 2
24 Feb 2
57% Not 74% Feb
23 Nov 73 Jan
Dec 46% May
Oct 89% Jan
6% Sep 13 Mar
7
37% J'ly 16
40 Apr 7
78 Apr 7
14% J'ly 23
1
28
70
4J34 J'ly20
32
94
Si J'ly 19
24% J'ly 11 10%
95 J'ly 11 76
13934 Jau 22 105
108
Jan 26
33% Jan 18
102=8 Jan 'io
90
9234
^A
Jau 25
37
49%Jan2,i
1434 Apr 16 22% Jan 27
7434 J an 15 7934 Apr 4
31% J an V 41=4 Aurl2
77 Jan 5 86 J'ly 14
34 Mar 4
17gFeb24
3l»8Mayl6 4434 J'ly 25
5=8
3634
Foun.
834
Jlayltj
May 13
200
May 10 30% J'ly -20
Mar 2
5% Jau 2u
45
Feb2-J
68 '4 Jau 4
6%MayUi
12
J'ly
Sep
Nov
Nov
Nov
Jan
Feb
Jaa
95 Feb
23534 Jan
37 Feb
90 Feb
22i^ Feb
80^ Feb
30
J'ly
J'ly
Feb,
84% Feb,
72 Feb
67 Not 97% Febl
S4 Sep
6 % Feb
26 'e Not 6838 Mac,
22 Aug 4034 Jan
4 % J'ly 16 Jan
60
22% Oct
878J'Jy'-il
'2
Oct 96 Feb
Oct 177 Jan
Sep 124%Jan
62% Nov
96
16
67
6
Oct 47=8 Feb
Oct 1067eM»y
Nov 29 % Feb
17 Aug 4234
8734 Sep 10838
22% Nov 6534
Marl4 222 J'ly 15
MaylS 24% Mar 2
7134Marlu 79 J'ly 13
26
4
loo
pref
Cast
29
70^18.1 ly
9
209
200 16
1.212
Steel
64% Feb
26 Mar
Mar 12
2,870 24% May It 34 J'ly 13
67 Maylt 77% J'ly 25
585
Do pref
18% Rubber Goods Mf g
79
Do pref
u-Do
47 'e 4776
47 S» 47 Si
108 113 }110 110
Shares
'
73«
7"4
EXCHANGE
Jiangs for Tear 1^04
Uange tor J^eviom
basis otJOO-share lots
yearfiyudj
On
.
18% •18
78% 79
34
ttu
Week
•10
12
St. Joseph AGr'd Island
Do Istpref
{411a 41%
•19
21
Do 2d pref
•70
72% St L..&S.Fr., l8t pref....
5l«8 62
Do 2d pref
'161
164
C. lb E. I com Htock tr ctf a
7%
43%
85
43 Sj
Si
76I4
7819
*36Sj 38
1»4
•28
76 Si
223
20 14
7I4
423*
79
}79
37
STSi
•83 Sj 85
1
251a
9934
3234
3134
19
14
18% •18
}79
79
38
3834
•83Sj100
ISi
2oSj
44
738
73,
4714
99%
75I4
75
77
43 Sj 45
18
220
20
•19
69 Si
37 14
35
80
13
93
93
125 12534
88 Si 88 Si
261*
9938
31Sj
76=6
2534
98^8
31I4
99',
Sales 01
STOCK
[Vol. Lxxix.
9 Marl 5 14 Jan 23
Oct 15'4 Jaa
7
630 35 M»yl7 45 Jan 19 32 Oct 58 Jaa
20 16 Jan 8 20% Jan 19 13 Oct 247eJaa
150 861 Mar 1 8 70 Jan 28 68 Aug 88 Fed
8,010 39% Jan 6 5334 J'ly 20 39 Dec 78 Feb
1£ 150
Jan 9 167 Jau '23 148% Sep 170 J'ly
13% 1334 St. L.0UI8 Southwestern
90;
9%J'ne 1 16% Jan 22 12 Aug 30 Jan
33 14 33%
Do pref
3,50(
253eJ'ue I 36=4 Jan 23 24 AoK 66 Jan
4-ti4 49% Southern Pacific Co
199,700 41%Marl4 52=8 J'ly 20 3838 86? 68% Mai
23% 23=8 Southern v.tr. cfs. stmped 22,510 18% Feb 24 25% J'ly 18 16% Oct 3678 Jan
88 14 88 '4
Do pref.
do
1,545 77% Jan 6 90 J'ly20 69 % Oct
96 Feb
M. A O. stock tr. ctf8
90 Feb
92 Jan 26 85 J'ue 96% Mai
25'.
25
5,80(1 20%J'ne
2734 Jan 'lA
20% Aug 43=8 Feb
I^xas & Pacific
119 119
hird Avenue (N. Y.).
621 115 Marl 124% Jan 13 100 Oct 12878 Jan
20% Toledo RaUwar8<fc Light
100 17%J'iie2
22 Jan 21
17% Oct 373^, Jan
25 Tol. St. L. A W. V. tr. ctfs
25
300 21%May2
29% J an 23 15 Sep 317g Jan
38 Si
38
Do pref. Yot. t*. otfe.
Keb24 397gApr25j 24 Sep 48 Jan
1,840 32
96% Twin City Rapid Transit.
700 87% Feb 23 96 J'ly 19 79 Oct 122% Jan
Do pret
{159%J'ly 1 {159% J'ly IK 165 J'ne 8^9% De<i
9538 967, Union Pacitlc
290,238 71 Marl
99 J'ly20l 6534 Ang IO4S8 Jan
{93% 94
Do pref
880 3586% Feb 2
94% Apr 6 83% Aug 95% Feb
•10
11
ItiO
U nitRys Inv't of SanFran
12 Jan 15
9 Febl
9 Dec 22>8 Jan
•48
49
660 42% Aprl
Do pref
49 J'ly 25 35 J'ly 64% Jan
16=8 I73s Wabash
1,600 15 Mayl. 2134 Jan 27 le"^ Oct 3234 Feb
35
35 S.
Do pref
4,210 32^4 Feb 24 41 Jan 25 27% Sep 66% Feb
14% 14% Wlieeiing<fe Lake Erie...
1,950 14%J'ly25 19% Jau 22 12 J'ly 27% Fell
•37
38
Do Istpref
1.070 37 J'ly27 5234 Jau 22 40% Not 62 M>|
{2314 23 14
Do 2d pref
1,020 21%J'ne29 2934 Jan 27 20 Sep 38% Feb
800 16 J'ue
•17si 18% Wisconsin Cent. v. tr. cfs.
217, Jan 20 14%Oct
29 % Feb
3734 3934
Do pref. vot. tr. ctfs.
846 37 J'ne
47 7e Jan 27 33 Not 66 % FeD
luiiuHtrial «fe Miscell
•225 230
}220 Feb
226 May] 2 [{204 Jan 235 Feb
Adams Express
50 7g 5134
malgamated Copper... 127,315 43% Feb
54% J'ly 18 33=8 001 75'>8Ma<
18% 181-. American Car & Foundry
2138 Jan 27
3,800 1434 J 'ly
17% Not 4134 Jan
•76
7834
100 67 Jan
Do pref
79 J'ly 15 60% Not 93 Jaa
•26
27 American Cotton Oil
630 24i4J'nel4 3278 Jau 25 25% Aug 46% Feb
•89
90
Do pref
55 8834 J'ne 6 90 Feb 9 82 J'ly 98 Feb
•22
26 American Di8t.Telejrraph
23 Mar2
26% J'ly 18 24 Not 41% Jan
8196% 196% American Express
560 180 J'ne
8203 J'ly 14 171 Aug 235 Feb
5I4 J'lyl3
•6% 6% American Grass Twine .
8% Feb 15
6 J'ly 2938 Jan
434 Amer Hide & Leather
2=8 Jan
5% Jan 27
2% Oct ll%Jan
«19'4 21
100 11% Jan
De pref
21% J'ly 15 10 Oct 37-18 Jan
634
67( American Ice
6%Mar24 9% Jau 2
655
4 Oct 1134 Jan
27% 28 S
Do pref
2,625 24i4Mar24 36 la Jan 4 16%Oct 42% Jan
•834 10
7
J'ne
12 Jan 22
American Liuseed
5 J'ly 1934 Jan
{27
27
30 Mar21 23% Not 48% Jan
150 22%J'ne
Do pref
20% 21 American Locomotive... 8,785 16% Jan
2338 Feb 16 10% Oct 31=8 Feb
88
88
Do pref
494 75%Jan . 88 J'ly 16 67% Oct 9534 Feb
4 American Malting
2%J'nel6
434 Jan 22
2 % Mar
5% Feb
16% 19
22 Jan 14 14%Sep 24% Jan
22U 16 J'ne
Do pref
5^34 67
Amer. Smelt'g<S> Refln'g. 12,640 46 Feb 25 5838 J'ly 21 3634 Oct 527g Feb
99
99%
9978 J'ly 25 80% Oct 99 % Feb
Do pret
4,196 8834 Jan
121 130 American Snult
110 Jan 21 120 Feb2it 90 Aug 126 Mai
'
"216 85 Jan
•91
91%
93 J'uel4 80 Sep 9838 Jan
Do pref
129 129 American Sugar Reflnuip 18.060 122% Mar
131=8 Jan 25 107% Oct 1343eJan
130
130 J'ne23 116 Aug 123 Deo
1,100 123 Jan
Do pref
133-38 1333^ Amer. Teleph. <fe Teleg...
425 121 Feb 16 133% J'ly 19 117% Oct 169 Feb
J
*11
12 14 American Woolen
lOU 10 Jan
12% J'ly 27
7% Oct 14=8 Feb
*76
77 J'ly 14 65 Oct 80 Jan
100 69 Jan 2
Do pref
70 14 72 Anacon(ia Copper
Oct 125% Feb
1,000 61 Feb 20 80% Apr 12
• 213
220
Sep 225 Jan
90 185 Marl6 2-27 Mayll
Brooklyn Union Gas
*5
7
5 J'lyl
7
Jan 26
Oct 15% Jan
runsw. Dockife C.Imp't
•49
Aug 55 Jan
49% Butterick Co
47 78 Feb I'J 49 'b Mar 7
35
35% (Colorado Fuel<fc Iron... 15,895 25%Marl2 38% J'ly 25
Nov 82% Jan
V Do
65
Dec 122 Jan
200 63 Apr _ 65 Jau 27
pref
"•¥.;
914 Col. <fe Hock. Coal <fe Iron.
KiO
8 J'ne2b 163^ Jan 26
9% Not 22% Feb
193 194 Consolidated Gas (N. Y.).
4.10s 185 Feb 8 210% Apr 2u 164 Aug 222 Jan
•113% 115 Continental Tobacco, prel
415 101% Jan 4 115 J'ly 25 9434 Aug 119 Jan
• 12-34 13
934 May 9 2238 Jan 25
Corn Product.s
2,195
15% Nov 35 Max
•68
70
74%Jan 23 60 Nov 85% Jan
645 65 Mar
Do pref
•21
22% Distillers .Securit's Corp.
365 19% J'ne 9 26% Jan 21 20 J'ly 3434 Jan
162 162 General Electric
1,650 clol J'ne20 179 '4 Jan 23 136 Sep 204 Feb
*13
14
9 J'ly 1978 Jan
1,425 10% May 2b 1479 J'ly 20
International Paper
10734 108 Si
2234
21
130
89
•85
88
13 -^t
1338
691a
10734 10334
20 14 20=8
91 Sj 91 Sj
2II4
70
22 Sj
161
•36
•31
•73 Sj
•10
47 14
31
•73 Sj
•10
13Sj
47
48%
-73Sj
88
27
99
•68
•21
160
69
21
160
14
70
37 14
35
80
21
160
•13
•69
37 14
35
Ul
19234 193
114S2 114 Si
1234 1234
114Sj 11413
121a 12 Sj
70
21I4
192
192
9%
"*8'i^
9Sj
*8Sj
193 x^>.
193
}115l8ll5l8
12»8 13
69 Sj 6934
2134 22
160 14 161
SiTOCKS
NEW YORK
fYiday
July i9
62
•108
27
1
I
.
I
6734
Dec
7934 Janj
6
Sep
15
Febl
300 40 Mar24 60 J'ly 6 33 Nov 65 Feb
prel
•105 115
30 100 Feb 24 113 J'ly 19 95 Aug 150% Feb
United States Express...
6 Sep 16% Feb
714
6% May 2, 8% Jau 25
73^ United States Leather
6,125
7%
8234
83
2,966 75<^Jan 4 84% J'ly \h 71% Oct 9634 May
83
Do pref
4 Dec 28%Jan
6% Jan 15 918 Jau 21
Real ty<& Construction
US
40 Jan 14 63*8 M»y23 90% Not 73 Jan
Do pref
274 43 J'lyl3 60 J'lyl;")
{473g 473g U 8 Realty
Improve'nt
48
7 J'ly 19% Feb
19=8
19% 1934 United States Rubber
4,275 10% Feb 6 197gJ'ly22
74 '6
1,6'20 41
747^ 76
Jau 4 78% J'ly 19 30% J'ly 58 Feb
Do pref
1138 12% United States Steel
e4.9ii0
838Mayl.< 1278 J'ly 18 10 Not 39 7e Feb
12
369.3H9 51%Mayl;< 63% J'ly 25 49=4 Not 8934 Jau
6078
59=8 6078
Do pref
26I4
26
26% VIrginia-CaroUna Chem.. 5,170 2234 J'ne29 34% Jau 25 17% Sep 66=8 Feb,
101
101
4,120 97=8Aprl6 106% Jan 26 80 Aug 128% Feb
101%
Do pref
3J '200 J'uel6 212 Jan 6 J191 J'ly 249 % Feb
212 8204 204
Wells, Fargo 6k Co
8778 8S778 87 7(,
605 85 May 19 8934 May 9 80% Sep 93 Jan
est'n Union Tele'gph
900 .53 May 2 173 's J an 21 130 Oct 221 Jan
157
158 158 West'gh'seEl&JVlfgassen
170 195
180 Apr21 194 Jan 19 160 Sep 224 Jan
195
Do Isturef
Do
49
115
&
BANKS AND lUaST COMPANIES-BROKERS QUOIAnON S
'
Bid
liRnU.<4
ASk
West
Sideli..
XorkviUeli
..
Bid
HnnUti
People'sl
136
firoadwayl
..
Brooklyul,
..
Dou'yIJkBB'
MO
17tU Ward!. 155
Sprague
190
l3o
Siuyvesauf
First
<60
•
Bid
1
Sale at Stock
Uniouli
1
00
auil askbil prices:
Wallabouil
310
IHO
160
155
no aales on this day.
Exchange or at auction
this
Ask
210
200
Trust Co's
Bid
150
C'lK'tyb&Tr 500
»;oloniai
:<00
Ciiiiimonw'll.
MO
Kadtern Tr.. 180
VO
70
1360 1375
Filth Ave Tr 525
560
Guaranty Tr 575
Guardian Tr 160
170
North Amer. 242
Trust Co's
Bid
25-i
Windsor
3-25
People's
Willlamsb'K. 210
J76
MortouTru.si 870
060
i75
.\lut.Allianc<
.iOO
10'25
890
Real Eat Tt'\ J25
Standard I't-' 325
Tr Co of Am. 465
175
Union Trust 1350 1400
USMtg&Ti
t41034
Unit States. 14^5 1475
203
Wasliinglou tsio
159
Ask
BBOOKLYN
VanN'deuTi 199
i26
o
Bid ASK
1000 1030
t1il9%
.vliTchants'.. tl8734 tl8»'vietropolitai 1601 '6011..
liuipiro
8 I'Oas
week,
Trust Co's
N Y Llfe&Tr
N Y^SeCifc Tr
Brook yn Tr 400
200
Klaibush
Franklin
320
Haaiiltuu
300
Kings Co
400
I. Isl L&Tr. 280
240
Nassau
Knick'rb'k'r .100
Lincoln Tr... 345
.Manhattan .. 470
.viercanlile .. 975
'^(juitable'l'i
175
Ask
FarmLo&Tr
Central 'lY'si 1940 1980
City Trust... 265
J75
•290
160
300
Bid
CITY
Bankers' Tr. 280
Bowl'gGreeii 200
BroadwayTr. 145
.
BROOKLYN
TruHl Com.
N. Y.
Mauulacirs'. 355
MechaniCHll 280
Merchauta'.. 130
500
375
Nassau
400
Nat City.... ;<00
North Sidel,. 225
^orongh^
Ask
BKOOKLVN
Wash.H'htsTl 200
162
411V
346
3'20
290
.'50
loO
;20
t20(l
Ex dividend and rights.
ihau loo altare.H. t Ex rights.
Ex stock dividend, s Trust Co. oertilioates. ^ Banks marked with a paragrapli
(H)
are State
DaaU
H
New York
N
J
1
Stock Excliange— Bond Rec6rd, Friday, Weekly and Yearly
OCCUPYING FOUlt PAGES
BONDS
JM.
Week's
STOCK EXCHANGE
Wbek Enuino July 29
Bid
U. S. Goveniinent
U S 28 consul registered. (tl930
U S 2s cousol coupon ..ttl9>JU
U S 2s consol reg small. .etl930
U S '2s cousol coup small. ttl9:-iU
U S 3s registered
fJ-JIS
U8 3scoupoii bonds. .fclJ18
.--•rJHJS
U S 38 reg small bonds. .fcl91«
small
U S 3s cou
U S 4s registered
''JH^.o
hyjoi
V S 4s coupon
U S 4s registered
qo192i)
coupon
U S 48
48.1914-34
Philippine islands
Foreign Government
Frankforton-Main 3H28 ser
1..
are price
t 'I'hese
ctls full paid
Kepub of Cuba 58 otfs lull paid
instal paid for os of 1904.
2a
U S ot Mexico 8 t M OS of 1899
Japanese Govt 6s
.State SeciiriMcs
class
4 to 5
A
190G
1900
Class B6s
1900
Class C 4s
1920
Currency funding 48
1924
I>l8t ol Columbia 3-653
Louisiana new cousol 48.. 1914
Alabama
Q-J
y-J
Q-J
Since
Low
Migli,
105
Ask.
1051s
1
IOOI4 Mar'04
104 >a 105
10434 J' ly '04
105^4 lOOHi IO6I4 J'ly'04
10434 100^4
10534 108
>6
Q-J
Q-F
Q-F
Q-F
Q-F
Q-J
Q-J
Q-F
Q-F
Q-F
105
107
105
...
loewiooH) 10638
106
131
106 Si
132
I32I4I33
110 ....
-4
J'ne'02
105
105 107)8
100'4 108'4
10638 108
1323b 132"f
J'ly '04
1063sJ']y'01
1323b May'04
133 J'ue'U4
1324134
UI34 Mar'04
11134 11134
tes
1 95 Hi Feb '02
basis 01 tour marks to
ne do liar.
92
97 92 la 93«s
92 H2
93
93
100 's Sale 10014 101 14 43 98'<.<.]01i4
Sep 100 Is Sale loo's 100 1( 12 9838 101
Q-J
t97'2J'ly'04
t97'2l00i2
iJ liese are pr tees n the asin 0/ $6 to a.
M-S
on
Oct
s
J-J
JJ
,
tlie
"-i
102
10234 May'04
109^4 001 '00
...
F-A
J-J
111
121
llSHj.
102 14.
Mar'02
Mar'03
102^4 J'ly '04
lOUHsi'eu'99
102
102', 105
101
BmaU
1894 1995 J-J
Missouri funding
North Carolina consol 48. 1910 J-J
1919 A-0
1933 J-J
So Carolina 4 "^s 20-40
Tenn new settlement 3s.. 1913 J-J
J-J
Small
Virginia fund debt 2 -3s... 1991 J-J
€8 deferred Brown Bros etfs.
10234 10234
102^2 Mar'02
J-J
J-J
101
J'ly '04
130^2 J'ly
102
95 14
97
9112
92I4
10
O'a
95 J'ly '04
10234
1031, 323
103 14 103 14
5
95I4
11
96
82^2 Jan '04
91^8
61-2
"2
'01
120 Mar'Ot-'
2%-^ 96 J'ly '04
96
94
93H!Nov'03
92 14 Mar'04
9434 97
6>2....
Cii
7
Ilnilroad
Alabama Cent Hee So Ry
laba Midi 6'ee At Coast Line
Albany <fc busq Hee Del & Hud
Alleglieuy Valley 6'e«Penn KK
Alieg & West tiee Butt R & f
AmDock&Xm
ieeCeutolN J
Ann Arbor let g 4s
S Fe gen g
Atch T
<fc
/il995 Q-J
A-O
1995 A-O
/i,1995 Nov
/il995 Nov
/tl995 M-N
4s.. .1995
Registered
Adjustment g 4s
Registered
Stamped
EastOklaDiv l8tg48..1928
Clue & St Louis I8l0s..l916
AtlKnoXife Nor 1st g 5s. .1940
Atlantic Coaat Ist g 48.A1902
Charles & Sav Ist g 78.. 1930
l8t gold 08.. 1934
8av F &
let gold 5s
1934
Ala Mid ist gu gold 58 1928
Bruiis &
Ist gu g 48 1938
8U Sp Oca cfe G gu g 48 1918
Atlantic & Canv Hee South Ry
Atlantic & Vadk Hee South Ry
Hee Sou Pacitlc
Austin & N
Balt& Ohio prior Ig 3 "28.1925
Registered
/tl925
Gold 4s
/tl948
Registered
?tl94S
Conv deb 48
1911
W
W
W
M
S
/i.1925
95
96
93
Sale
Q5\
Bellev
&
Car
X714
9534
S'l^i.
931.
82 Hi
93 Sa
97 S.
87
Si
92
96^4 J'ly 'Oi
109
J-J
132
127
A-O
A-O
M-N
J.J
J-J
89
Sale
114'2 0ct '02
9834
99 >« 235
125isNoT'03
112»8Jan'04
J-J
II314
113 "2 US'-. llSSz IISS?
94
93 J'ly '04
97
91i-.iOct '03
98
^i
99 18
91
irj'^s
109
93
11238
113 Si
93
95
Sale
A-O
103
Sale
Q-J
M-S
96'5
go's 9136
983s Sale
91^4 Sale
Q-J
94^2
951s
96 1* May'04
1U2'8 103
103
98
J'ly '04
J'ue'04
.
.
.
96S2
92 14
96 "4
100'4 10334
100 103
97
98
911..^
91
871a
9IS2
98
98'2
92 Si 981a
87 14 92I4
9114
91''j
90^4 J'ly '02
105 "a Mar'04
108 J'ne'04
lie's Mar'04
98 J'ne'04
.
9278
105 12 105 Si
108 108
119 Sa 122
98
98
100 '4 Feb '03
.
N Y & Erie
R & P gen g
Bur Cedar R <fc No Ist 68.1900 J-L
Con Ist &coltru8tg5s..l934 A-O
Registered
1934 A-O
CRIF&N Wl8tgu68.1921 A-O
1927 J-L>
1908 J-J
1913 M-S
1913 M-S
Carb <fc Shawn See 111 Cent
CaroUna Cent See Seab Air L
Carthage & Ad See N Y C <fc U
58
Registered
''ad
II312II7B8
(Jet
pl945 Oct
pl945 Oct
1221a.
124
*97
102 103
liyi^
116
110
99i4J'ly'04
102 J'ly '04
119 J'ne'04
120 '2 Mar'03
I2IS2I2II2
12118 124
Mtty'04
97% 100 Is
IOII4 lOS'e
ll6Jell9
no's J'ne'04
10338
103 Si
107 109
llOiallOS)
102
109
107
107 "a
1033<
J'ly '04
J'ly '04
Si
106
104«8l09
105 107
MetRy Co
1st
gu g
Os.. 1911
Dot Clt St Ry Istcon g
94
92 "a J'ly '04
107
118
...
...
10934 110
90
93
50 U)6'^108S2
1081a 108
uosiia
1 10 i-j Mar'04
110^. "'28 10334 112
llO^i
107 J'ue'04
105 Si 107
0534 bO
80 io
78'a
43 Sj
40
43 -, 317 28
2S's
28 's 59 18
261a
1-..
Si
80 Sale
4314 Sale
28 Sale
.
1
MS
.
.
MS
I
BONUS—Continued
on Next I'nae.
Street Railway
A-O 105
J-J
J-J
M-N
F-A
F-A
J-J
.Sale
78 14 Sale
108Sj
101
107
108 14 Sale
90 Sale
S3 Sale
'•'8
105
78
109
100
108
9038
83
10578
783s
J'ne'04
Mar'04
10838
91
831,
99I4 lOOSi
72 's
10738
100
100
82
79 14
80
109
100
1083s
9
85
J-J)
J-J
97
Hale
A-O
97
96
97
90
58.190i- J-J
100
103
Mar'9t-
J-J
If-A
116
BwAy<&7tt>Avl8tcg6gl94 J-D lie
*Mopne«JrTl(lay: latest pnoe this week.
117
1167, J'ly '04
116 J'ly'04
aDueJan
d Dae Apr
118S2
l/OX AVcfc
U6'4
MetWS El(Chic)l8tg4H.1938 FA
Mil El Ry
L 30-yr g 5s. 1921 FA
.Minn St Ry Ist con g 5s..l91!i JSt Jo Ky Lt n&V Istg 68. 1937 M N
9438 Sale
118Sj
<fc
Gas and Electric Light
ii2'«no7^ .\tlantaG L Co l«tg 68...1947
liklyn U Gm Ist con g 5h.194(i
I12>« 116
«
91
P Flstgugos 1993 Al-S
Third Ave UR con gu 4s 2000 J-J
Third Ave Ry Ist g 5k.. 1937 J-J
-it
Nov'Ol
109
07'
8t Ry—fCon^Ref g 482002 A.Q
ColiSi9thAvlstgu g 58.1993 M-S
Met
Paul City Cab con g 5s. 1937
Union El (Chic) Ist g 58..194;)
United RRs San Frsf 48.1927
United Hys St L Ist g 4s. 1934
vV Chic St 40-yr cons g 58. 1930
J'ne'OO
J-J
J-J
Gr Rapids Ry 1st g 58...al91i J-L
Louis Ry Colstoon g5s..l93i J-J
jMarketStCRy letg6s..l9J:
Met St Ry gen ool tr g 68. 199',
.
FA
FA
.
MlSC'EL.I..ANKOUS
DenT'ramCo con g68..191(
.
.
.
121 la Mar'04
.
CedRlaF&N SeeBCH&N
Cen Branch U Pl8tg4s...l948 J-D
Ceu Branch Ky See Mo Pac
Cen RR & B ol Ga col g 5s 1937 MN
Centot Ga RR Ist g 53..ja945 F-A
Oonsol gold 58
1945 M-N
Registered
1945 M-N
Street Kailvray
Brooklyn RapTr g 53
1945
let refund conv g 4s
2002
BkClty Istconos.lOlO, 1941
Bk (i Co cfe S cou gu g 58. 1941
Bklyn Un El Ist g 4-5s.l950
Kings Co El Istg 48
1949
Nassau Elec gu g 4s
1951
City cfe S Ry Bait Istg 58.192'2
Conn Ky cfe L Ist cfe ref g 4 SiS '51
Den Cou Tr Co Ist g 68.. .193:.
.
.
.
123
Ll8tgug78
Ctanada South Ist 58
pi 945
I&D
.
FA
3d pref income g 6s
,
.
See Erie
iBtpref income g 58
2d pre! income g 6s
MS
.
Rochife Pitts Ist g 08...1921
Cousol Ist g 08
1922 J-D
Buffalo & Southwest See Erie
Butt 4 Susq Ist ref g 4s.rfl951 J-J
St
MS
.
68...1937 M-S ^.^.5w\1\ 117=8 J'ne'04
West Istg 4s gu.. 1998 A-O
Mah Ist gu g5s
1943 J-J 110
103 Apr'97
M<&
Bid
Ask Low
Nii/h A'o Low High
of Ga,—(Contimi£d)
85
92 Si May'04
Chatt Div purmon g 48.1951 J-D
92 Si 92 la
104 Feb'i)4
104 104
Macife NorDiv Istg 58.1946 J-J 103
102 J'ue'99
Mid Ga cfe Atl Div 6s.. ..1947 J-J 101
1940 J-J 107
103 J'ly '03
Mobile Div Istg 6s
132^8 134
133 J'ly '04
LJent of N J gen'l gold 6s. 1987 J-J
128 13334
132 13334 130 J'ne'04
/I.1987 Q-J
Registered
l-,^7Sil30Si
112'8ll6 lllS2J'ly'04
llli4ll3Si
Am Dock <fe Imp gu 6s.. 1921 J-J 100
14
Le & Hud R gen gug6s 1920 J-J
102
Leh & Wilks B Coal 5s. .1912 M-N 103 Si 104 103'4 J'ly'04
103 S.
91910 Q-M 102 '4 10234 102 '4 1023,
100 102^8
Con exl guar 4S28
N Y <fe Long Br gen g 48 1941 M-S IOIS2
Cent PaciHc See So Pacilic Co
Chas & Sav See Atl Coast Line
108 J'ly '04
103 10934
Clies & Ohio g 68 ser A../il908 A-O 107Sj
al911 A-O Ill
lUSi lllia
Gold 6s
109SilllSj
1939 M-N llS'sllO 11851 iiaSi
11434 119
1st consol g 58
11834 118
1939 M-N
118
Registered
113 118
1992 M-S 106 '8 Sale 1U6'8 107
100 Si 107
General gold4Si8
1992
103 Apr'Ol
Registered
1940 J-J IIOS2 112'6 112 May'03
Craig Valley Ist g 68
lOlSi lOlSi
R <fe A Div 1st con g 48.. 1989 J-J 100 Sj
99S2103
96 J'ly '04
1989 J-J
98
94'4 97
2d consol g4s
106 Si Oct '02
105S2
Warm Spr Val 1st g5s.. 1941
89
9056 Dec '03
Greenbrier Ry l8tgug48 '40 M-N
85
84 J'ly '04
Chic & Alt RR ref g 3s... 1949 A O
8IS2 86I4
7838 Salt
78'8
78 Si
Railway Ist lien SiaS... 1950 J-J
741a 80
1960 J-J
8334 Apr '02
Registered
10434 Apr'OO
Chic B & Q— Ch <fe la D 5s 1905 FA
1922 FA 102
102 J'ly '04
Denver Div 4s
99 102
30 91
1949 J-J
94
9514
931a 94I4 94
Illinois Div3Sj8
1949 J-J
90SiApr'04
Registered
90 Si 91»8
102 '8 10218
1949 J-J 10412106
10218 105
Gold 48
1093, Apr '04
10934 10954
Iowa Div sink fund 58.. 19 19 A-O 110
102 J'ly '04
1919 A-O 102
100=8 10216
Sinking fund 4s
106 J'ly '0-1
103'-2l06»4
Nebraska Extension 48.1927 M-N 10434
1927 M-N
106 Dec '03
Registered
96ii
10034 Feb '04
1921 M-S
Southwestern Div 4s
100 10034
Joint bonds See Great North
IO512 J'ne'04
1913 M-N 106»al08
105 107
Debenture 5s
114 Si 114 Si
114 115
Han & St Jos consol Os.. 19 11 M-S 114»8
lOSiglOSi*
Chic& E lU Ists f cur 68.1907 J-D 106 Si 107 10538J'ue'04
129 Apr '04
1934 A-O 133
129
129
Ist consol g 6s
11818
II8S2
1937 .VI11852
11412 1181a
General consol Ist 6s
120 Dec'O'.^
1937 -M-N 115'8
Registered
II6I4 II6I4
11214 1161*
Chic & Ind C Ry 1st 68.1930 J-J 11434
Chicago cfe Erie See Erie
129 J'ly '04
Ghic In&Louisvref 0S...1947 J-J I28I4
126Si 130
113
1947 J-J 113 Sale 113
Refunding gold 5s
IIIS2 113
108 109Sj
Louisv N A & Ch 1st 68.1910 J-J 10934 lluSi 109S2 109 Si
i7.">
Apr'Ol
169 175
Chic Mil & St Paul con 7s 1905 J-J
110
1914 J-J 110 Salt 110
109 llOSg
Terminal gold 5s
I09I4 109 '4
I0714 10934
General g 4s series A..«1989 J-J 109
109 <. J'ne'04
el989 Q-J
Registered
109 Si 1091a
97I4 9878
98^8 May'04
General g 3 Sjs series B.el989 J-J
110'2Aj)r'O3
Chicfe LSuDivg53....1921 J-J ll4'g
11538 119
Chic&MoRiv Div 58... 1920 J-J '.1734 UOSj 110 Apr'Ol
IIOI4 Feb '04
109 »8 111
1910 J-J 110»8
Chic & Pac Div Os
11534
115
1921 J-J 11534
11434 117
Chicfe P Wl8tg68
11134 J'ue'04
10934 11134
1910 J-J Ill's
Dak & Gt So g 5s
137'-2J'ly'99
1924 J-J 127 '4
Far <fc Sou-assu g Os
11734 May'04
1910 J-J lloSg
11638 1181a
Hastcfe D Div 1st 78
1910 J-J 10534
106 Mar'04
106 106
1st 68
169 Mar'04
1908 J-J
169 169
Exten 1st 78
112 Si J'ly '04
1919 J-J II214.
112 Si 1121a
Lacrosse <fe D Ist 58
1910 J-J loo
107 May'04
10034 107
Mineral Point Div 5s
11014 112!%
1910 J-J UO^s.
110SiJ'ly'04
So Minn Div IstOs
112 May'04
1909 J-J 10934
10934 IIII4
Div 1st 68
Southwest
114'4
114'4
1921 J- J 114'4
114 lieifi
Wis cfe Minn Div g 5s
112 J'ly '04
11034 112
MUcfcNolstM L 6s.. ..1910 J D lUSb.
115 '2 J'ne'04
114'4 117-«8
1913 J D 116
Istconsol 6s
1915 Q- F 130
128 J'ne'04
12738 12934
Chic cfe Northw cons 7s
104''8 J'ne'04
10234 105
Extension 48
1880-1920
103S».
103
102 »8 May'04
102-'8 10258
1886-1920
Registered
99
99
1987 M-N
99
General gold 3 las
96Sj 9934
103 Nov'98
b1987 Q-F
Registered
U1I4118
117
Sinking fund 6s.. .1879-1929 A-O 112 Si 118 117
lllSiDec'03
1879-1929 A-O
Registered
110 J'ne'04
108 >4 llOSi
Sinking fund 58.. .1879-1929 A O 111
1879-1929 A-O
107 Mai'04
106 107
Registered
105
105
104 106
1909 M-N 105
Debenture 58
104 Mar'04
104 10414
190! M-N 103 Si.
Registered
IO8I4 J'ne'04
1921 A-O I1J934
107 Si 108^8
Debenture 5s
A-O 108 '4
0834 Jan '04
10834 10834
1921
Registered
1933 M-N 117
118 J'ly '04
UoSi 118
Sinking fund deb 6s
M-N 116
114isJ'ue'04
11418 116
Registered
1933
Des Mo cfe Minn Isl 7s. .1907 F-A 109
100 Nov'02
Milw cfe Madison 1st 6s. .1905 .M-S 1071a.
105 Si May'04
105 Si 105 S»
North Illinois Ist 5s.. ..1910 M-8 100 Si
loesgNov'o;!
Ott C F cfe St Paul 1st 5s 1909 M-S 10534
109*4 J'ue04
Winona cfe St Pet 2(1 7h.. 1907 M-N llOi-i.
109Sill2Si
I27I1 J'iie'04
1 '26\ 129
Mil LS cfe West Ist g Os 1921 M-N 12938.
II7I4 118^8
11734 Mar'04
Ext cfe Imp stund g Ss 1929 F-A 120'4
133 Si.
1 42 Si Feb '0
Ashland Div Ist g 08..1925
13134 Dec '03
Mich Div IstgOs
1924 J-J laOSi.
103 Apr '04
103 103
Convertible dob 5s
1907 FA 103 Si.
109 Sep '03
Incomes
1911 M-N
1 25
121«8l25
J'ne'04
Chic Rock Islcfc Pac 6s.. .1917 J-J 122=8...
120 Feb '04
120 120
Registered
1917 J-J 12218...
General gold 48
1988 J-J 1041810412 104'8 104'V 109 101 1051a
Registered
107 Jan '03
1988 J-J
Coll trust Series G 4s .. 1905 M-N 100
97
97
97
H48
97 J'ly '04
1910 M-N
96
94 Si.
96 May'04
90
M48
1915 M-N
93 May'04
93
93
N48
1910 M-N
90
93
90 May'04
90
P48
1918 M N
7008
Chic R I cfe Pac BR 48.. 2002 M-N
71 4 Sale
711a 286 66 "a 7434
7034 7034
7034 J'ly '04
Kesistered
2002 M N
ii'i
85
73
Coll trust gold 68
Sl^jSale
81
82
1913
104»8 Jan'04
104»8lO4-''8
Choc Ok cfe G gen g 5s .ol919 J-J 1031a
Cousol gold 58
103^8 103^8
1952 M-N 10434
103'fcJan'04
DesMcfc FtD 18148. ...1905 J-J
96
95 "4 Oct '03
lst2S2S
94
90 Oct '03
1905 J-J
9334 98
Extension 4s
98 Jan '04
1905 J-J
95
Keok cfe DesM Ist 58.... 1923 A-O IOOI4
104 Si 10634
10034 J'ly '04
.
See Illinois Cent
Ail<fe
Cl<fc
Since
.
NY &U
Bklyn & Montauk See Long 1
Bruus <fc West See Atl Coast L
Buttalo
Buflalo
Range
January 1
.
J-J
Q-J
Konou Riv Ist gu g 58.. 1919 FA 108 14
CenOluo Rl8tcg4iQ8..1930 M-S 108
Pitta Clev & Toi Istg Oa 1922 A-O 120 14
95
Pitts & West Ist g 4s.. .1917 J-J
97
J P M & Co certfs
Bat Creek & s See Mich Cent
Beech Creek See
92112
95I4
98 's 1-03 1*
99 103 14
iVI-S
ist g 3^8.. .1926 J-J
Registered
Sale
103^4 Sale
J-D
M-S
PJun&MDivl8tg3i28l926 lU-N
P L E & W Va Sys ref 4sl941 M-N
Southw Div
94ifl
103
Week's
Range or
Last Sale
Ac Low High. Central
105 10714
1051410614
1
Price
Friday
July 29
STOCK EXCHANGE
Week Ending July 29
N. Y.
January
Last Sale
04 'a 105
1043g 105
BONDS
Range
Range or
Pridav
July 29
Y.
Due May i/OueJ'ne /iDaeJ'ly
J-J
104
Si.
'.
i'lO"'
A-O
A-O
J-J
09
Si
94
95
110
HO
Dec 'OS'
83'4
8034 J'no'04
82»»
99
\I-N
110>4
114
933g 96
116 121
J'ly '04
110
92 Si
115>,119
94I4
9434
121 J'neli4
94 J'ne'04
106 Oct '9!)
110 J'ne'02
1
83 14 Sale
79'8
89
91
91
llSSiJ'Iy'04
116'-iM«y'04
44
76 Si 83»*
80 Si 81
Deo '97
j-r>
VI-K
k Due Aug
H6Si 2nir2>4ll6>9
p Due Not (Option •&!•
11514 11B»4 II6V1
oDuo Oct
«
I
Bond Record
488
Range or
Friday
July 29
BxU
cfc
LaKl
Low
A.*k
January
Jiigli
Mo how
1
High.
Ohio St P
.ft
Nor Wisconsin Ist
St P<fc SCity 1st R
Chicago Ter Trans k
6s...l'.U!i
is...l'.>41
ln(lffPn(r(iBoia;^'2
ChicA West
WM
(>«... litSo
<fc
130ifl 13334
13334 J'ly '04
03 Dec '03
Feb '04
130I4I3I
J.
129 »8...
129',
Mar'04
123^4
...
123
J'ly '04
1293« 12934
120 123 Hi
J-J
73
112
...
74
74
lllisApr'04
72 1» 823,
110 IHI4
132
131
...
74T8
"g
Hi
icli
AO
U
JJ
SAG
101 Vj.
W4M
WW
1st gold 48
\\Z^.
113i4J'ly'04
Registered
A;1930
Oln S& CI con Ist g68..192s<
C C C <fe I consol 78
1914
Consol sink fund 78
1914
General consol gold tis. 1 934
Registered
1934
Ind Bl &
Ist pret 4s.l940
lOX
J-J
98
1 00^8
J-J
M-N
Q-F
J-J
1013- 10134
100\ 100
M-N
M-N
M-S
Q-F
,...A:193l
95
83
106
102
99
102
951% 102
Feb '04
9934IOII4
98
98
lOliu
9934 10234
Jan '04
Deo '02
99
99
94iaAng'03
105 Jan '04
102 "a J'ly '04
106 106
100 la 1021a
115i4J'ne'04
llOiallei*
101 >2
lll«8ll4
120
J'ly '03
128
J-D
W
W 1st pi 5s...dl93f< A-0
Q.J
East 1st con 4s...l94U
A-0
1990 Apr
AC
Ist g 6s.l93i;
Clev <fe Marietta Nee Penn RR
C16V& Mahon Val g 5s.. .1938 J-J
Clev
Pitts See Penn Co
Col Midland 1st g 48
1947 J-J
Colorado dfc Sou Ist g48... 1929 F-A
Colam & Greenv St4 So Ry
Hock Val See Hook Vai
Col
&
128 "a.
Mar'04
128
128
99 14
99 'g 17 95 100
62 J'ly '04
68
65
112iaF6b'04
112iall2ia
62
601*
86
60
116
60
8434
Sale
861
56
82
126^4
120
<fe
Guar gold 68
112»8Jaii'04
130
129
130 J'ly '04
140 Oct '98
.
130\.
11434
103
108
.
6314
8912
,
127 12934
1111411512
100 14 103 Hz
103iaJ'ly'04
108I4 J'iy'04
.
10814 10978
Feb '03
13334 Mar'04
102
I36I4.
134 "4
107
1906
1906
1906
106
Registered
<& Saratoga Ist 78.1921
Registered
1921
Del Rlv RR Bridge See Pa RR
Denv <fe R Qr 1st con g 4s. 1936
Consol gold 4*28
1936
.
.
13334 137 14
Aug'Ol
149
106
122
104
103
142
.
Bens
J'ne'04
J'ne'99
May'04
104
103
142
Apr '04
IOII4
101 Sale 100
104i4J'ly'04
108
105 19 Sale 1051a 105 19
99»4 Sale
9934
89
90
90
90
106
103
142
ReglBtered
Extended I8tg3ia8
1st gold 38 sterling
lOOia
90
Jan*02
83
90
24
May'04
24
ChloStL&N O
g
36
98
98
89 la
9213 94 14
37
46
661a 84
921a J'ly '04
40 >a J'ly '04
78
78
lll^J'ne'04
<fe
Imp
J'ne'04
11334 J 'ly '04
110 J'ne'04
133 "u
98^4 Sale
9838
84 >a Sale
8534
93"^
125
93
84
933^
87 14
8634
88S4
Feb '04
8534
9514
I26I4I26I4
12614 J'ne'04
lOli^....
119^1120
11934
106 Ang'02
132 Apr '04
llSi*
118
llSHjNov'OS
108 la Jan '04
111 J'ly '04
118
IIOI4
110
II214II6
99 101
2d gold 4>i28
1937
General gold 6s
1940
Termlnallst gold 58.. .1943
Regis !t5,000 each. ..1943
MUlRRof^f J Istg6s.l9l0
issii
9686 100^
981a 98 H
98'i
11934
11
iVo" 126"
I <&
132
113iall834
1081810812
109 lain
10113104
113iall3i2
IIOI4 Ill's 11034 May'04
109 14...
IO914 J'ly'04
llOialllOs
.1061a 111
11418....,
WUk<& Eal8tgug6s.l942
102
98H
98
106V
107^
64 lOSiallO^
105121074
10014100'*
'."'.'.
10534 Sale
106»4
116
1063,
102>al0e
9314
May'99
851a Mar'04
1041s
101
95<V
123
1071a.
7934
102
101
9438 J'ly '01
941a....
115
lOli^lOl"*
102 Oct '01
106 IO412 1041a 104 H
100 103 101 Apr'04
103 !«.... IO6I2 Mar'03
.
94
80
86 >a
93'
95 J'ly '04
101 le Oct '99
100 Nov'OO
107i4J'ly'04
91»4.
106 Is.
•121
95";
I2412 Apr'04
1063, 1071^
124131241:
118
87
11934'
.
Nov'98
Nov'03
11934 Mar'04
93S8 May'04
10314.
Yoi'^ iJeo'OS
106
106
.
90
119
1201a.
II9I4
.
93
120
99
106 Mar'04
107i2Deo'02
98 J'ly '04
121 120 J'ly '04
99"
Sale
99
70 Nov'03
,
116848^6 11034
'
98 1«
Mar'02
101
1061a
1041a
98I4
98 101
118!%121
23 97 100
1091s 112
1103,
87 la J'ne'04
871a
86
89
M-M
J-J
J.J
A-O
1941 A-O
Begiatered
1945 M
£1 C <&
1st g Istpf 68.1914 A-0
Gold guar 58
1914 A-0
J
Leh <& Hud R See Cent of
N
Leh
9934 10138
71»4
71V»
68
71V
71'a
Oct '00
63
n
1161s iiav
110iall4>i>
II919.
Ill
llOHi.
9 ifl J'ne'04
11413 J'ly '04
"
112
Feb''04
lllialia
1081a
109 "a
102 14
114'«
110
107 J4
QQ'n 99
1 07 14
May'04
107"^
10434 lo8i#
106 105:1
.
107
Hay'04
93
;
107
108 la J'ly '04
105 Jan '04
liasgJ'ne'OS
109 "a Oct '99
107 Jan '04
92
107 i]
98..;^
»i
109
101
1 00 <b J'ne'04
iiemig
N
&
71^
P
L Sho & Mloh S
116 V J'ne'04
100<^100^
Wilkes b See Cent of N J
Caney Val See Mo P
&
Long Dock See Erie
Long Isl'd— 1st oong68./ll931
A1931
1938
1922
1932
1949
Unllled gold 4s
Debenture gold 6s
1934
1949
Guar ref gold 4s
BkJyn & Mont 1st g 68.. 1911
Ist consol gold 48
98
100
General gold 48
Ferry SBld4'a8
Gold Is
.
99 "a J'ly '04
101 Feb '04
100 Oct '00
116
110
J'iie'04
,10178 101 Tg J'ly '04
109
103
05 < Mar'03
112 Mar'02
112 "a Jan '02
112 la Apr '02
103 "a I03»(i
117
118 riy'04
114 la Sale 1141a lUi-j
100141001a lOOSg lOo"^
N Y B M B Ist con g 58 1936
192"
N Y <6 R B l8t g 58
II6I4
98
I00\l
101
101>Si
,10113 10134 J'ly '04
1911
Ist 6s
130
9934 J'ne'04
103 Hi J'ly '04
1131a Jau '04
1021a
901a
90
116 Apr'04
113iaMar'00
101 14 Apr'04
84 Mar'03
99i4 0ct '0£
1091a.
i02"
W
Leroy
98 la Jan '04
84
85
lOSiu
133^1
Ist cur 68.. 1913
114
112%11334
1081,111
111 II412
i's'iU
184
106 la J'ly '04
100 "4 Apr '04
96'al02
Leh V Coal Co Ist gug 68.1933 J.J
Leh <S> N Y lat guar g 48.. 1945 M-S
114
111 May'04
lOlTgJ'ne'OS
134 J'ne'04
130 Aug'03
97h
J'l7'04
107^ Sale 107%
J-J
J-J
Knoxville & Ohio See So Ry
Lake Erie & 1st g 6s. .1937 J-J
2d gold 58
1941 J.J
North Ohio Ist gu g 58. .1946 A-O
Registered
N Y & Green L gu g 58.1946
N Y Sus & W Ist ref 6s. 1937
103 !« 108
1960 A-0
N
10934 1 12 !«
114
98*9
9634 J'ly '04
J.J
Kan City Sou Ist gold 3a.. 1950 A-O
lie
13434
10184 103 "^
<fe
113
100 ig
1-.
102 14 J'ne'04
80^ Sale
J-J
Q-J
K C Ft S <6 M See St L S F
KCAMR&B SeeStLcfcSF
Ifan C & Paclllo Se« M K & T
J'ly '04
113Hi
1087g
iiaHj
10234 108
71
83«a
1-.
SeeLSAMS
KalAAGB See Tol O
an & Mich
116
116
104
83
120
<fe
Feb'Ol
98
83
A-0 102 "a
GreatNorlstg68..1919
Blgln Jol <& East 1st g 68.1941 M-N
Blm Cort <& N o Seeheh&N \
Erie 1st eit gold 48
1947
2d ext gol(r68
1919
8d ext gold 4»a8
1923
4th ext gold 58
1920
6th ext gold 48
1928
Ist consol gold 78
1920
1st consol g fund 78
1920
Brie Ist con g 4s prior. .1996
Registered
1996
ist consol geu lien g 4s. . 1996
Registered
1996
Penn coll tr g 4s
1961
ButlN
Erie 1st 7s. .1916
Buff <& S
gold 68
1908
Ohio <S> Erie 1st gold 68.. 1982
Dock
Mar'Ofe
10414 104 14
83 la Sale
J-J
2d gold 5s
1909
3d gold 48
1921
Iowa Central Ist gold 58.. 1938
Refunding g4s
1951
Jefferson RR See Erie
Kentucky Cent Bee L &
Keok <& Des Mo See C R
l^astof Minn &e«8tPM<feM
JJast Ten Va <& Ga See So Ry
consol g 6s. .1935
105
J-J
J-D
1951
1951
1951
Memph Div 1st g 4s. .. 1951
St L Sou 1st gu g 4s
1931
Ind Bl * West See C C C & St L
Ind Dec <fe
1st g 68
1935
1935
1st guar gold 58
1950
Ind 111 & la 1st g 48
Ill
I8tgug5s....al909
107
58.. .1961
Jan '04
RR
107
Registered
GoldSias
Registered
111
Coal&HR Istcurgu 68.1922
J'ne'04
1921
38.... 1951
Registered
1951
1951
Gold 3128
Registered
1951
Spring Div Ist g3i28... 1951
Western Lines 1st g 48. .1951
Bellev & Car 1st 6a
1923
Carb & Shaw 1st g 48... 1932
Se« N Y Cent
Lehigh ValJPa) coU g 6s. 1997
Leh Val N Y Ist gu g 4ias.l940
Registered
1940
111% Leh V Ter Ry lat gu g6s.l941
Long Dock
107
1953
Registered
Cairo Bridge gold 48
1960
liOUisvlUe Div gold 3138. 1963
Registered
1963
111
Jeff
1041a.
1951
1951
1951
1951
1961
1952
1952
Registered
Dea Moi Un Ry 1st g 6s. .1917 M-N
Det M <fe Tol £«e L S <& M So
98»4 101
D«t <£> Mack 1st Ueu g 4a.l995 J-D
9234 96
Gold 4s
1996 J-D
38
41
1961 J-D
Det Sou letg 4s
Ohio Sou Dlv 1st g 48.. .1941 MS
78
79
DnlA Iron Range 1st 68.. 1937 AG 1131a
Registered
1937 A-O
2d 68
1916 J-J
Dul So Shore <fe Atl g 68.. 1937 J-J iiT'iiiii
W
J-J
H
Registered
y&
10u»4
Cor& H Vl8textK4s..l948 A-O
Houst E &
Tex See 80 Pac
HousttfcTexCen See So Pac Co
I lliaois Central let g 48.. 1951
Int<Si
9634 101 14
IO414IO414
103 106 Hi
94 101
97
DesMoi&FtD SeeGR&lB
Des M <& Minn Bee Ch <& N W
Low High
116
101
W
105 Is 108
142
147iaJ'ne'02
Improvement gold 58... 1928
Bio Gr West lat g 4s.... 1939
Consol and col trust 48 1949
UtahCentlstg-ua4s al917
Bio Gr So gu See Rio Gr Bo
Den cfe S West gen s 1 g 5s 1929 J-D
•
112»8l]2'%
127ial30
12878133
l'28'aJ'ly'04
1141a J'ly '04
.
,
A'o
120 J'ne'04
1053, J'ly '04
112 J'ne'02
Miadle Divreg6s
St Louis Div gold
111'4
I2914.
High
99
106
LN 0<fe Tex gold 48.. ..1963
alias
N Y Lack W 1st 6s.. .1921
Construction 5s
1923
Term & improve 48. ...1923
Syr Biug & N Y 1st 78..190t3
Warren Ist rel gu g 3 ^js. 2000
Del & Hud Ist Pa Div 78.1917
Registered
1917
Alb & Sus Isl con gu 78.1900
Han
gold 48
Registered
116
Dak&GtSo Ae«CAl&StP
Morris cS; Essex I8t7s...l914
let consol guar 78
1915
Registered
1915
let ret gu g 3 ^a
2000
Since
*5^ Jaiiuary 1
A-O
A-0
A-O
W
CoU Trust
Feb '04
116
1141a.
Col Conn <fe Term SeeN &Vf
Conn & Pas Hlvs Ist g 48.1943 A-0
& Waco See U K & T
Del Iiack & Western 78... 1907
W
1st gold 3ia8
99
61
112
Atk Low
Bid
See Penn Co
1173
Ist cons 68.1921 J-J
1942
Mt Vernon 1st gold 68.. 1923
Sull Co Branch Ist g 58.1930
Ev& lud Istcou gu g6B..1926
h^argo <ft So Nee Ch il <fc St P
Linl& Pere M See Pere Mar
Fla O <fe Penln Set Sea Air Line
Fort St U D Co Ist g 4^8.1941
Ft
A Den C 1st g6s.... 1921
Ft Wife RloGr I8tg4s...l928
/ 1 al Har
-See So Pac Co
^ Tal H & H of 1882 1st 58.1913
Georgia A Ala See Sea A Line
Qa Car & Nor See Sea A Line
Georgia Paclllo Nee So Ry
Gila
Nor See So Pao Co
Qonv <fc Oswegat -See N Y Cent
Grand Rap <& Ind -See Penn RR
Gray's Pt Term Set St L S
Gt Nor— C B <fe ti coU tr 4s 1921
Registered. A
1921
Greenbrier Ry Bee Ches & O
QullASIlstref&tgSs 61952
& St Jo See C B <fc Q
ousatonio See N Y N
*H
Hock Val 1st con80lg4ias.l999
1999
Registered
1
104iaNoT'01
&
Registered
TH
W
J -I)
J-J
J-J
FYidav
July -jy
VGA
102
J'ly '04
98
101
99
102
...
...
...
...
IIII4II3I4
<fc
Peo (fe
Income 4s
01 Lor & ^V]l con
Pitts
ASA
104i2Deo'03
113 Oct '00
SeeSH&V
Cln
DiTl8tg48.1991
St L Dlv lat ool cr g48..1990
Registered
1990
8pr*ColDiv l8tg48..1940
Val Dlv l8tg48...194(»
I St !,<«> C consol 68..192U
O Ind
ISSie
A-O
Nee Pere Marq
Choc O & G uir See C R t <fc P
<& D CODSOl 8 t 78... 1905
Cln
2clgoUl AHjs
19S7
Cln D .& I 1st gn g 6s.. .1941 M-N
I 8t L <fc C ««« C C C <S> St L
Oln
S««
C C St h
Oleartield<& Mah
Olev Cin C <6 St L gen j? 48 1993 J -I)
Cairo Dlv 1st gold 4s
19311 J-J
Chic
&
1st general gold 58
Ocoii iis...ntSO j.r>
Cons 08 reduced to H'v8.1ii:<ii J.D
M-N
Oil St P & iM inn 1 St K Cs r.l 1
.M
t<:rle
Iiv;iii8<fe
1 11
€fc
Bangt
Wee*'*
Jiange or
La*t NaU
Price
STOCK EXCHANGE
Wkkk Ekdino July 29
N. Y.
Niiice
NaU
[Vol. lxxix.
2
KOMIS
Jiange
Wetie»
STOCK EXOHAN(J
Wkkk kndino July 2'J
Ohio Ht I. Nfe Atcli T A Sa Kc
Ceul
Ohio St L & X O Hee
OMo St L Pitt8 Nee IH-nii Co
N. Y.
—Continued—Page
no
110
,
100i8l01»»)
T*
1
1081a.
1071a.
IO634
<fe
NorShB Istcon ggu5a 01932
Louisiana <& Ark Ist g 63.1927
Lioulsv <& NashT gen g 68. 1930
1937
Gold 58
1940
Unllled gold 4s
Registered
1940
1931
CoU trust gold 58
6-20-yr col tr deed g 48.1923
1919
E H & Nash 1st g 68
.
101 7g J'ne'04
112>all5
991$ Sale
112
113
J'ne'iP4
9834
111
99 >^ 272
4 J'ne'04
100i4l03'4
11514118
114>3ll4>»
98 102
10l7el01''8
109 113
961* 991a
lUHjlUia
IUISCKL.L.ANEUUM BON Usi—Continued on Next Page.
Grs and Electric Light
Buffalo Gas IstgSs
1947 A-O
Ch G L & O Co See P G & c Co
Consol Gas conv deb 68
1909 J-J
Con Gas Co Se« P G & C Co
Detroit City Gasg5s
1923 J.J
Det Gas Co con Ist g 8a... 191 ^
Ed El lU Bkn See K Co E L <& P
Kd E lU Se< N Y U & E L H & r
Y Ist con g 6s.. 1932 U-S
Eq G <fc Fuel See P G & C Co
FA
(Jnn
60
172^8 Sale
I7214
961a 96I3
Gas<& EleoBergCoo gus. 19411 J -I)
Electric deb e SHjs.. HM: F-A
GrBapG L Co
FA
Ist g 68...i91i'
Hudson Co Gas l.st c os.. 1H4!I M N
Kings Co El L <& P g 68. ..193 A O
Purchase money 6s
199 A-O
Ed El 11 Bkn Ist con g 48 193: J-J
I«oGa8 Lot St L Ist g 6s.el919
qv
* lio price Friday; latest bid
9638
173I4
963|.
106
64
171^17334
9684
and Electric Light
MUwaukee Gas L Ist 48. .1927 M-N
Mat Fuel Gas Co See Peop una
66
98
NYGELH«fePg
5S...1948 J D
g4s...l94;i F A
Purchase money
Ed El lU Isl conv g
1st consol gold us
J'ue'03
112
Nov'03
68..
1910
1995
61 H2 Oct
90 Hi J'ly
90
'01
'04
90 Hi
10734
105
105
120 14
92 Hi
108 109
,
,
Deo '00
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J'ne'04
94"tiJ'ne'04
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9339 94Bb
120
If,
108 14
108
i-i
105
103
and asked this week. aDueJan 6DaeFeli
Hi
S
96 Sale
10534 Sale
J
118
Rich Gas Ist g 58.1921 M N
Peo Gas <fe C 1st gni g 68. .1904 M N
1904 J D
2d guar gold 6s
1943 A
Isl con gold 6s
1947 M s
Kolunding goldos
ChG-L€feCkelstgug6s 1937 J J
Con G Cool Ch Ist gug 08. '36 J D
Eq G <fe F Ch lat gu g 68. 19o:) J J
.M u Fuel Gas Ist gu g os. 1947 M N
Syracuse Lighting Ist g 6s. '51
1st g 63. .1949
1 renion G <fe El
91 H2 90i4J'ly'04
J
XY&yEl L<&Pl8tcong5sl930 F A
88
9OI4
1074109
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N Y<fc
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J'ly '04
60
J
M
120
10S»8
96
9ii;'t.
1()6<4
10534
120HiJ'i>e'04
MaV(i4
101
100
98
108"8
Mar'04
lOlBg
lOlSg
124Hj
I0IH2 J'ne'04
101^4
1013j
124HjJ'ly'"4
106
106
105
103
Apr'04
107 H(
107
IO6H1
10534 J'ly '04
103
101
105
Mar'04
Apr'04
109
Feb'Ol
lOlia
1)
S>
871a 9019
losi^iogi*
90
96 Hj
102 Hj 1053*
1161412013
100 Hi 102
100 100
IOIH1IOII9
103
101
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103
,
i
104
106^1094'
104
101
105
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—v.!
dDaeApr «DaeMay ADuej'ly JlcDueAag oDaeUot gDaoDeo (OpUOQSf^S^
July
H
J
)
BONUS
Price
Loul8T<fo ii-iiS\\v—( Continued
LCln& Lex prol.l 412a. -.1931
NO&M
M
Istgold 63....19.S0
N O & 2d KOltl 6a68 . . . 19H()
1 92U
Pensacola Di V gold
1921
St LDlv 1st gold 6s
1980
gold 3s
2d
Hender Edge 1st sfg6s. 1931
Cent gold 48. .198
Kentucky
(
LAN&M&M
J-J
N
Ask Low
J-J
F-A
F-A
F-A
AC
M-S
AC
J-J
1
High No Low High
123 14 J'ly
12314125"
'04
122 Apr '04
74'2 75 J'ne'02
113 Nov'99
99 J'ly '04
107i2J'ne'03
94
94
121'2.
106
99
107
93
119
110
106
98
9912
West Shore
89
04
Lake Shore gold 348
115
115
112
1171a
115
117
KaAAGRl8tguc6s.l938
98>aJ'ne'04
91
"a
19 lOlialOei^
J-J
62
14
63 Vj
621a
14
14
93
88
71a
621a
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9
60
12
711a
J'ly '04
6
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92^4 J'ly '04
90»8J'ly'0]
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9
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105
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99
I20ial20ia
113
118
95'a 98
J'ly '04
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99
99
See
Mo Kan & Tex
Ist g 43.. .1990 J-D
2d gold 48
ffl990 P-A
1944 M-N
Ist ext gold 5s
St L, Div Ist ret g 48. ...2001 A-O
Dal <&
1st gu g 58.. .1940 M-N
Kan C Pac Ist g 4s. .. 1990
li lal gu g 58.. .1942 A-O
Mo
<* T ol T Ist gu g 58.1942 M-S
Sher Sh <fe So Ist gu g 58.1943 J-D
1906 M-N
MUsouri Pacilic 3d78
1920 M-N
ist consol gold 6s
Trust gold 68 stamped. al917
FA
M&
<fe ref gold is. .1929
<fe » Div l8t g 48.. 1933
1933
Registered
Verdi V I <S.
Ist g 68.1926
Mob & Birm prior lien g 68 1946
1945
Mortgage gold 4s
MobJ&K Cist cons g 58. 1953
Mob A Ohio new gold 68.. 1927
let extension gold 6S..A.1927
1938
General gold 48
MontgomDlv Ist g 58. .1947
St L & Cairo ooU g 48..el930
1931
Guaranteed g48
coll 4s See Southern
Unified
Biv
W
MAO
Mohawk A Mai
See N Y C A H
Monongahela RlY See B
O
A
Mont Cent See St P
Morgan's La A T See 8 P Co
Morris A Essex See Del
St
Nash Chat AgoldList 78.1913
1928
58
l8t consol
Jasper Branch Ist g 6s. .1923
a A1 let 68. .1917
Branch Ist 68.. ..1917
Nash Flor A Shet See L
Nat ot Mex prior Uen 4'a8.1926
1951
let consol 48
M
MS
MS
F-A
FA
J-J
F-A
J-J
A-O
A-O
J-J
991a Sale
8OI2
80
103
J-J
J-J
J-J
90
J'ly '04
110 J'ne'04
106 14 10534
103 May'04
108 J'ly '04
I2II4 1211a
1071a 10712
105 la Sale
102
12138
107 la 108
961a 10034
751a 81
981a 10438
80
8312
II3I4
1161a Sale
96
95
101
I0914.
104
MS
F-A
Q-F
J-J
121
921a
W
TAP
Mom M
AN
I2II4
J-J
A-O
New HAD SeeNYNHAH
NJJnnoRR See N Y Cent
New A Cin Edge Stee Penn Co
N A N E prior lien g 68 jj1916 A-O
N Y Bkln A Man Ech See L I
N Y Cent A H Rivg 3128.1997 J-J
Registered
Debenture 58
1998
Beeon Creek let gng 4s. 1936
Registered
1936
2d gu gold&s
1936
Beech Or Ext Ist g 3 48 61961
Registere.1
M-S
M-S
MS
921a
100
28
,
90^4 uale
89
lOSifllOS
M
Wh
105
100
J-I)
J
4
80
86
105 ig J'ly '04
102 Mar'04
104
10()"8
102
102
86I4
93
01
75
1024
J
D
F-A
MS
J J
104
69
guar
3d 7s
Peuu
RR
1st real est
O6I4 May'04
O6I4 071^
113 1151a
I15iall8
;,
11634 11 6»i
104
101
13134
IOII4.
100»4
101 '8 Apr '04
101 Sep '03
10334
.Sftle
IO314
10«
1024
93
100
92
Apr'04
104
ioi%ibi^
54 100 la 104
Dec '03
1121a Apr '04
1940 F-A
J-J
1012 J-J
lOdiaSale IO514 1051a
104 14 J'ly '04
103
7414
75 Sale
76
72% J'ne'04
97% Jaii'04
ee>4.
126
12214 Mar'04
.
*lio price Friday) latest bid and asked Uxla week,
112
Ill
104 hS
76<
72%
99S 874
7014
6834
122^122%
J
i05iai08^i
.
1054Apr'04
964NoT'03
90 J'ly '04
113 4 May'04
86
oa.i
:
nil
113^
110
lip.;
105
IM'
.
106»».
99
101ial05%
101
132 J'ly '09
112i4J'ly'03
117ifl.
)
110 J'ly'04
108 4 J'ly '02
110
1071a.
IO914
1021a.
102 4 J'ne'04
102 Apr'02
108 108o» 1084 1084
105 108 10534 J'ne'04
014.... 102 Nov'98
92 14 Dec'03
93 ....
0734....
98 J'ly'04
117 .... 118 4 J'ne'04
10
I)(^c'03
J'ly'04
9134
102
101 4
TclcKrnpli nnd Telephone
Telep A Tel coll tr 4s 1929
Cable Co Ist g 48. .2397
RegiBtereil
2397
Erie T A T col tr g s f Ss.. 1926
96
103
0834
108
110
f
4
4a g..l934 J-J
Mfg l8tg68..1915
Thread Ibtcol tr
Bar A S Car Co Ist g
.Ian '00
a Dae Jan
Hiiirilfl
6
Due Feb
«
Due
.klay
U
11
10534 108
Tl
118
118>s
Jan '04
Nov'OO
Apr '04
06
Apr'04
Mar'04
108
9834
96
98>,ij
110
10934 111'^
1104Feb'01
027^
120
102 J'ly'04
90 4 J'ne'04
127 »e Oct '02
121 Mar'(i4
119 Apr'04
107 4 Mar'04
101410a
90
oa
131
110
lafi
110
'
1044 107 >t
-n
J-J
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Km
Am
1004 105 4 Am
Am
064 73
108
II
94
J'ne'04
Due
.1
MS
48... 1919 J-J
Os... 1942 J-J
ue
/i
Due J'ly
00
04
10934
100^
105
108V
964 1004Apr'02
100 4 Oct. '00
109
Oct '99
f
92
100
108
1024102 «t
IOSI4 Aug'03
11139
11208
94J4
0334
0214
92I4
1104
/1I912 A-O 1214
g48.1923 M-N 1044108
Gomm
Norlhw Tel gu
714J'Iy'04
32
111
130 Aug'03
127 Nov'03
1324 132 14 132 14
1274...
1274...
MelT A T Ist 8 g5s
1!)1H M-N
iVdia-'IIII lOO-U J'ne'04
4 !>
105 '4 J'ly '03
10241024 N Y A N J Tel gen g 6a. .1920 M-N 105
No VVestn Telog See Weat Uii
West Union col tr cur 68.1938 J-J 108 4 Salu 1084 1084
Fd anil real est g 4 4b... 1950 M-N 104 4 Sale 10414 104 4
Mut Un Tel s fund On. ..191 M-N 107
107 J'ne04
106% J'ly '04
102
106
1
101
Apr '03
123>9.
.
1041*
10234 105
on Next Va.no
»',9
Mny'97
1024 Oct '03
loe^i Feb '02
105 Oct '00
,
E
bonus— Continuetl
105 105
95 14 100
69
794
76
92
10034
J-D
g....
W 34C 1st 78... 1912
A
Am
107
J-J
102
W
1946
A
Series
Pitts Ft
9II4
M-N
.1
N
1921 J-J
2d78
Nov'OO
Mar'04
77 4
J
J
CA
Series
9941011*
9934 J'ly'04
74 J'ly'04
103
104
103
A-O
96
Pitt8gug348 B.1940 J-J
C
1940 J-J
N AC Edgegengug 4481946 J-J 102
PCCAStLgu4ia3A...1940 A-O IIOI4
Series B guar
1942 A-O IIOI4
Series C guar
1042 M-N 108
Series D 4s guar
1945 M-N 10234
Erie
look's
931a
931a
89^8
893»
9II4
9034
91 Jan '03
74^8
JJ
See
CI
Pgengug448 8erA.'42 J-J
Series B
1942 A-O
Series C 348
1048 M-N
Series D348
1050 F-A
10041004
100>aMar'04
10038 Mar'04
99 Dec '02
9934 MBy'04
99iaNov'02
65
105
100
74
1064Nov'00
Consol sterling g Os
1905 J-J
Con currency 68 reg...(/1906 Q-M
J-J
J-D
P
Registered
99 't
Coal and Iron
A-O
n
FA
n
Guar 34s coll trust reg.1037 MS
Guar 3 4s coll tr ser B...1941
Tr Co certif's gu g 3 48.1916 M-'ri
C St L A P 1st con g 68.1932 A-O
Registered
1932 A-O
1071a.
FA
FA
See Mo Pao
Panama 1st s fund g 4 4s.. 1917 A-O
Sink fund subsidy g 68.. 19 10 M-N
Penn Co—Guar Ist g 44s. 1921 J-J
1023s
10034 loo'e
100''8Apr'04
100 1«
100i«101
93 >a Sale
8914 00
FA
St
Fao Coast Co Ist g 58
ao of Missouri
103 4
78
98
100
99 i-j J'ne'04
10134 j'ne'04
102
101
M-N
FA
O
9634 10134
I>IIHCELJ..ANE01;H
Ool A I Dev Co gu g 53. 1900
Ool Fuel Co gen gold Os... 1919
Col F A I Co gen h 1 g 53.. 1943
Convertible deb g 58
1911
Trust Coctfs
Gr RivCoal A U Istg 68.. 1919
JefTAClearC A I Istg 03. 1926
2d gold 5s
192tl
Kan A II C A ClBlsfg.iH. uir.i
Pleas Val Coal Ist g s f ."jh 192S
RochAPllCA Ipurm 58. 1946
Tenn Coal gen 58
1951
Tenn Div Istg 68
a 1917
Btrra Div Ist consol 6«.. 1917
CahC Co Islgu g Os. 1922
De Bar C A 1 Co gu g 6a. 1910
Va Iron Coal A C Ist g .^s. 1949
1. K A P C Co Ist g .58. 191!i
M-N
M-N
A
9934
'
1054106'^
IO6I4 J'ne'04
104"%
J-D
P gen e 68.. ..1923
St P A
Registered certlflo'8..1923
St Paul A DxU 1st 58.. ..1931
2d 58
1917 A-O
Ist consol gold 48
1068 J-D
1071a
M-N
M-N
A-O
113
113
10038.
J-J
J-J
J-J
11341134
1241a
100
12 73
Sale
108 4
106410913
107i4Sale IO7I4 10718
1064108!%
100 1004 lOOH iOOif
08 lOOaJ
98 Apr '04
08
98
101 4 Sale IOII4 1014 35 981a 1011,
1044
114 Feb '02
121
121 Nov'03
1171a
127
139 Jan '03
126
113
lllia
100«8Apr'04
100«fell2ii
121'%
12108 J'ly '04
1211^122
121
121 J'ly '04
121 121
130
110411514
J'ly '04
100
M-S
M-N
105iaNov'01
1084 Sale 108
W
102ial04ia 103iaJ'ne'04
77 Sale
77
76'a
J-D
J-D
FA
FA
FA
FA
N
113iaJ'ne'04
1997 J-J
.1884-1904
1884-1904
Registdeb 58 of...l8«9-1904
Debenture g 48.. ..1890-1906
Registered
1800-1906
Debt certs ext g 48
1906
Registered
1905
Lake Shore coU g 3 >28. . .1998
Registered
1998
Mich CeutcoU g3'28....199«
of..
Registered
CBAQcoUtr48 SeeGtNor
96
120
113
M
J
J-J
WW
9II4
124 la J'ne'04
115
115
113 Dec '99
H3I4II6
M-S
M-S
107 la J'ly '00
105 Oct '02
Wash Cent let g48
1048
Nor Pac Ter Co 1st g 68. .1033 5:^ 1!!
9415 Nor Ry Cal See So Pao
90
1134114
Nor Wis See C St P M A O
881a 92 4 Nor A Mont See N Y Cent
A
See C
OIndRiver RR IstC C A St L J-D 110
hio
g 68.1936
General gold 68
1937 A-O 109
Ore A Cal See So Pac Co
Ore RR A Nav See Un Pao
Ore Short Line See Un Pao
Oswego A Rome See N Y C
M
113iall5
113
112
J-J
J-J
J-J
J-J
J-J
Registered
1997
General lien gold 3a
a2047 Q-F
Registered
a2047
St Paul-Dul Div g 48. ...1996
Registered
1996 J-D
131
LAW
A-O
FA
Apr'02
95
12334 1261a
Apr "04
98'aNoT'03
J-J
M-S
North Illinois See CM A N
North Ohio See L Erie A
Nor Pao— Prior lien g 48.. 1007 Q-J
lllialllia
91
91
A
J-J
J-J
J-J
108
84
91
06 13
94 la J'ly '04
113iaM8y'04
96
J-D
J-D
101 IO318
109iall4'a
11138 11634
llliaMar'04
91 Feb '04
1181a
941a
Ill
92 la Sale
J-J
10334 lOS^a
91T8 96
J-D 1251912713 12334 J'ne'04
Q-J
86
12514132%
A-O
A-O 101% Sale 101 14 10134 90 064 1013*
0934 J'ne'04
0034 O9S4,
A-O
93 4^ 88 871a 04
PocahO A C Joint 4s.. 1941 J-D "933^ "9334 93
107iaJ'ly'01
1922 J-J 1084
C C A T Ist ga g 58
J
ScioVANEletgn (48 1989 M-N IOII4 Sale IOII4 IOII4
Elstgug
99>«101%
.
871a.
J-J
W
11838 12238
11334 May'04
liehj 116^
10934 Oct '03
90*4
90
gc^ Sale
J-D
N Y Lack AW See D L A W
N Y L E A W Bee Erie
of N J
NYALongBr
SeeNYNHAH
NYANENew See CentHart^
Hav A
New York
Housatonio R con g 58.. 1937 M-N
N H A Derby con g 5s.. 1018 M-N
1005 J-J
N Y A N E Ist 78
1906 J-J
1st 68
N Y A North See N Y C A H
N Y O A W ref Ist g 4s. .^1992 M-S
Regis $5,000 only
srl992 M-S
N Y A Put See N Y C A H
N Y A R B See Long Island
N Y S A W See Erie
N Y Tex A M See So Pac Co
1941
Nor A South 1st g 58
Norf A West gen g68
1931
Improvem't A extg68..1934
1932
New River 1st g 6s
N A Ry 1st con g 4s. 1996
10634 1091a
Registered
1996
108 la J'ly '04
9734 96 J'ly '04
100 May'Ol
10334
103i8J'ne'04
January t
High No Low High
Ask Low
Bid
Jiange
Bince
or
100 Sep''03
M-N 100
N
M-N
113 Apr'O
A-O 1131%
118
A-O 118 llOia 118
11334 Jan '02
6s...«1915 F-A
Oswe A R 2d gu g
RWAOTRl8tgug58.1918 M-N
104i4Apr'04
UticaA Elk RlTgng48. 1922 J-J 1031*
N Y Chic A St L Ist g 48.1937 A-O 106 Sale 1041a 105
1937 A-O
101 Kar'04
Registered
N Y A Greenw Lake Bee Ene
Hud
N Y A Har See N Y C A
102 102
86
90
106 lain
23 99 10534
100 103
109
M-N
M-N
M-S
80
100%,
801a
1031a 103 12
83 Hi
831a
102 Jan '04
104
85
100
89 'i 93
110
108
95
100
991a
Eange
W
96
May'OO
103
961a 981a
Ist consoles. 1909
1031
1931
Registered
1040
48...:
1040
Registered
1951
J L A 8 Istg 348
1952
lstg348
Bat C A Stur Ist gu g 38.1989
48... 2000
Y A Harlem g 3
2000
Registered
N Y A North Ist g 68... 1927
R A O con Ist ext 58. 711922
I0714IIOI8
A-O
A-O
MStP&SSMcong4intgii'38 J-J
M&Pl8t5s8tpd4sintgu 1936 J-J
al917
1920
iBtcoU gold 5s
Cent Br Ry 1st gu g 48.1919
Leroy <fc C V A L 1st g 5s 1926
Pac R ol Mo Ist ex g 48.1938
2d extended gold 58. ..1938
Sgen con g 581931
St L Ir
Oen con stamp gtd g Ss 1931
Mich Cent
58
.
See Ch M <fe St P
ife
143 Deo '03
Minn A St L Ist gold 78.. 1927 J-D 14179...
11238 Dec '03
1909 J-D 10838...
Iowa Ex 1st gold 7s
1201a Peb'04
Pacific Ex Istgold 63. ..1921 A-O IIB^...
South West Ex 1st g 78.1910 J-D 11278 117W, 121 Jan '02
115 ...
118
118
1934 M-N
Ist consol gold 58
96I4 J'ly'04
96»4...
Istand refund gold 48. .1949 M-S
Minn & St L gu S«« B C R & N
Registered
Mahon C'l RR 1st 58. .1934
Pitts McK AY Ist gu 6s. 1932
1934
2d guar 68
McKees A B V IstgOs 1918
981a
MU A
MU North
Wa
2361
1997
1997
Registered
1928
Debenture g 48
Tol Ist 78.1906
Det Men A
Registered
15
J-D
J'ly
J'ly
4s. 1940
Ist 4s gu... 2361 J-J
9714
Mar'03
105S8 10534 IO5I4 10508
103^8 Deo'02
110i8T'ne'04
f
N J Juno R gu 1st 43. ..1936 FA
N Y A Pu 1st con gu g 43 1993 A-O
Nor A Mont 1st gu g 68.1916 A-O
122
W
W
Mad See Chic & N W
&
K&
MK
Clearf Bit Coal Ists
Week's
Last Sale
Gouv&08wel3tgng5s 1942 J-D
Moh A Mai Ist gu g 43. .1991 M-S
116'4.
117HiJ'ly'04
,117'2 115 Jan '04
115"
117 J'ly'()4
M-S
1977 MS
Stamped guaranteed
Mex North Ist gold 68.. ..1910 J-D
Mich Cent Bee N Y Cent
Mid ol N J See Erie
See Chic <fc N
MU 1, S &
gu
4
M 8 S M & A 1st g P int<feM 1926
St
M
N Y Cent A H H^ Continued)
Cart A Ad 1st gu g 4s. ..1981
122^4 Aug'03
11638 Mar'02
116
Price
Friday
July 29
STOCK EXCHANGE
Week Ending J0ly 29
N. Y.
Since
January
IO8I4 Jan'()3
107
120
107 14
BONDS
Hanye
SIS
Range or
J-
M-S
M-S
M-S
M-S
L N A & Ch Seed I &IjM 8
iSee L S &
Mahon CoalRy consol48.1990 A-0
anhattan
1990
Registered
1908
Metropol El Ist g 6s
ManS Colonlz g 58 1934
Y Cent
McK'pt <fc B V See
Metropolitan El See Man Ry
Mex Cent consol gold 48. .1911
Ist consol income g 3s.al939
2a consol income g 38..al939
1917
Eqalp<fe coll gold 58
1919
2d series gold Ss
Coll trg 4^23 Ist Ser....l907
Meilnternat Ist con g 48.1977
Last Sale
Bid
M-N
I8tg4i28l945 M-S
L<SiN-South MJomt4s.l952 J-J
1952 J-J
Registered
N Fla<&S I8tgng5s...l937
Pens & Atl 1st gu g 6s. .1921
§ <fe N Ala con gu g 6s. .1930
1910
Sink fund gold 6s
L <fe Jeff Edge Co gu g 48. .1945
Week's
Friday
July 29
STOCK EXCHANGE
Week Endino July 29
N. Y.
Minn Un
489
Bond EeCOrd—Continued— Page 3
30, 1904.J
w
1
10114103
07'«
84 4 Sale
87
80
8OI4 80'
Due Nov
107
103
107
100
108V
08
J'ly'04
96
84
99V
103
84-"<
70
H64J'ly'04
82
88
8(»4
74
81
106
V
IOI4IO6
«
81
Jan
Option
'IH)
sale^
.
86
,
J
::;;^
—
N
i
4
Bond Record
490
N. Y. st<)(;k exchanok
"Week knoino jclv 29
HiaU
Dec '03
114
10il>u.
19Ti
97^4
103'^.
AugO:i
9734
08 '4 20
102 Nov'97
11234 Mar'OO
H 4»...194"2
108 '4.
041a
Gr R& lexl8t(nie4Si8l»41
Sun <& Lewis Ist k48...193i>
\0B\
110»4.
Waco<fe
1084 \'6h\
i'l7'"May''o6
121
121
101
109
122
109
Pensacoln
Peo
&
Knst
Nee
C
St
(J C! <fc
L
PeoA Pek Uu l8t p 6s. ...1921
4'-j.s
(>19'21
2(1
Pere Marq— Clicfc W M 5s 1921
^'<)1<1
A
1920
106
12118
19;VJ
M
P u (is
l8l cousol gold 08
niiit
111'4
Pt Huron T)ivl8tg 58. 1939
SaKTuscfc H IstgniK 48.1931
^hila & Reading; cons 7s. 1911
Puie Creek r«(i guar 68... 1932
Pitt8 Cln <fe St L See Penn Co
Pitts Cleve <fe To! &ee B & O
Pitts Ft
<fe Ch
See Penn Co
Pitta June 1st gold 68
1922
Pitts & L, Krie2cljf6s...ol928
112
"s
May'04
&
Pitts
See
B R
1163,
10734 llOWi
10914 112'8
Ist
119141191^
Oct
120
.
'01
114'4.
113
99
^
1940
1151a Mar'04
98 J'ly'97
114 Is May'04
1141*114^
99 ig 299 94»8l01
987g
99 J'ne'04
99
98
95 la
95^8 15 9138 96
.
Sale
llSialloi-.
111 llli^ 11034 IIII2
62 Uj...
68 J'ne'04
92 Mar'03
llOialllia
631a 68
P
Y Cent
<fe
1941
,
1023^ 10334 May'04
10114 Nov'Ol
87
10334 104
84 la J'ne'04
84
841a
10434
10434
103 14 J'ne'04
125
Ill
96
127
1031a 103S8
12234 127
110 11212
J'ne'()4
11034 J'ly '04
96
100
1204125
* 84>4
12
96 'a
96
100 100
8I34
82 312 791a 84
119 la Feb '04
119iall9ia
841-4,
26 78
843.
8514
Sale
98^4
M
IO318IO5
103'!gj'ne'04
817gSaIe
M
85
96
Jan '04
101
W
See
961s
9638
70
951a 9638
75
76
7134 Sale
76
72
71
26
10
131
911a 96^8
701a 781-2
65 13 7434
10718 llOia
.
.
116i8Ai)r'01
110
109 la May'04.
10314104-4 103 J'ly '04
Apr '02
Apr '04
128
131»4
11434
11688
135
115 Apr'97
1141a Mar'04
117 Jan '04
.
103
100
.
135Se
133
114iall4ia
117 117
Nor Pao
M
Jan
110
'04
110
110
W
I
'
W
7018 7OI4
70
loo
69^8
100
90«B 9II2 93
100
100
65
96 100
92 14 93
J'ne'04
Sep '00
104
104 12 Sale
107 14
105
0434 J'ly '04
10434 10434
104
105
108 J'ne'04
llli4May'03
26 102 10534
IO5I2IOS
100
102
"Ho price Friday;
latest bid
112
103
118
110
9234 95 >«
114 114
934 98
103
115 121 111
Feb'04 ""2 108
96
!I5
J'ly '04
96
96Sh
"6
116
91>«
1174
96^
May'04
118
118
113
117
109
1134
1194
119
J'ly '04
11834
J'ii«;'04
124
1()5
\Vl\
87
11238 J'ne(
87
112
122
J 24
20
114
112
874
1
04
116'8J'ne,'(
87
116«s
1034106
4 J'ne'O
•02
Feb'O.
J'ne'04
110
no
110
1133*
11041124
1104 May'04
Dec '03
9218
93
114 1153g 115
122
11241101*
115
117
104 4
J'ly '00
Sep '02
110 May'04
A-O llO'g
F-A 1174 Sale II6I4 J'ne'04
98 14
98 4 Sale
J-J
984
A-O 112 4 Sale 1124 1124
110
984 98 4
1124
110
102
115
80
108
1147g May'04
11134
111
106
11014
'a
1124115
May'04
104 '81074 1034 J'ly'04
95 ....
944 J'ly '04
88
90
90
92
84 4 85
844
844
73 14
724 73
73 4
914...98 Apr '03
1114 113 J'ly'04
92 Sale
92
92
105 4 Sale 105 4 105 4
104 May'04
102 Sale 101 14 10278
98 4 J'ne'04
101 4 101 Tg 10134 102
1244
125 4 125 4
1144 Sale 114 4 11478
97 14 Sale
97 14
9734
1084
112 Dec '03
102
119
93
101
1094 109 May'04
1064 1064 Mar'04
1124
110
1124116Vi
102 J'ly'04
M-S 102
J-D 11741183.J 1174 118
81
Mai
85
80 J'ne'04
FA
1
2d gold 5s
Debenture series
111
111
1034106
91
944
86
81
68
92
85=8
734
1064 113
5 9134 92
30 10034 106
10038 104
ii62
"2
1
944 103 4
9634 984
984 10278
1204 125 4
14 111 117
158 90S(. 984
1144Apr'02
Mo P
1939 FA
1939 J-J
1939 J-J
A
Series B
1st lien equip s td g 5s.. 1921 M-S
DetcfeCh Ext Ist g 58. .1941 J-J
Des Moin Div 1st g 4s. .1939 J-J
1941 A-O
Div Ist g 34s
Tolcfe ChDiv let g 4s.. .1941
St Chas Bridge 1st g 68.1908 A-O
Om
MS
Warren
6'ee
Del Lao
cfe
West
106
107
11734 Sale
110
102 4 J'ly '04
117 4 1177g
1104 110
1004 95
10041044
11441184
1064 110
J'ly '04
94
56
J'ly'04
58 4 Sale
59
58
100 103 4 102 Jan '04
I0911
110 4J'ne'04
90 Feb'04
96
83=8
83 I4 J'ly'04
954 974 98 Jlar'02
109 4 Mar'03
lO'i
95
68
102
10641104
90
79^8
90
83 4
Wash Cent ;t>ee Nor Pac
Wash O W iSee Southern
Jan '03
cfe
lOOSg Sale
931a 94
103
lOl'sSale
loosa
9308
,
10034
977910134
94 14
874 944
Jan
'04
Apr '04
lOlSg loi'fi
87
102
8534
8734
97
102
84
88
97I4 lOl'g
99 14 Mar'03
87 »8 88
108
102
108
87»8
877,
II014 Feb '03
103*4 Apr'04
111
106<a
10334
103
100410334
10538
1084
105
107 J'ne'ti4
105 J'ne'04
105 Deo '03
10»iaJ'ly'04
108
10341034
NY
cfe Pa 1st g 5s. .1937 J-J
116
West
1943 A-O
Gen gold 3-4s
934.
(il943 Nov
Income 6s
West No Car See South Ry
Va Cent cfe P 1st g 6s.. 1911 J-J IIC^
Wheel'gcfe L E Ist g 5s. ..1926 A-O 1124
Wheel Div 1st gold 5s. .1928 J-J 108'-^
Exten cfe Imp gold 5s. ..1930 FA 110
100
91
115
98
40
Sale
116
93 '^
Mar'Ol
112
112
W
1922 J-J
20-year equip sf 58
1949 .M-S
Isl consol 4s
Wilkes cfe East See Erie
cfe
cfe Sioux F -See St P
Winona cfe St P See C cfe
Wis Cent 50-yr 1st gen 4s.lU49 J-J
Apr'04
9338 Jlttv'04
116
.
Dec '03
1094114
1104 1104
Apr'04
110i4.MaV04
109 Apr'04
100
100
914 914
109
100
86
914
109
103
92
M M
wa
N
W
894 90
894
90
102<%
103
160
884 914
BOM>S— Concluded.
niiHcellaneous
F-A
F-A
644 Sale
A-O
02
J-J
J-J
A-O
F-.V
J-J
A-O
A O
M-N
J-J
FA
iU S LeathCo8tdebg63..1913 m'n
%3 S Realty cfe I conv deb g 58 '24 J-J
U S Steel Corp col tr 2d 68. ti' 63 M-N
Begistered
April 1963 11j
112'l4
Mid See South Ry
Va cfe Southw't 1st gu 58.2003 J-J
1939 M-N
701a Wabash 1st gold 5s
lUliSCEliliANUUUS
Stan Ropecfe T I8tg6s...l946
194ti
income gold 5s
'02
'04
Jan '03
11334 J'ne'04
11138
1927
participating
1908 J-J
Utah cfe Nor 1st 78
Gold 5s
1926 J-J
Uni N J
cfe C Co See Pa RR
Utali Central See Rio Gr Wes
Utah cfe North See Un Pacific
Y Cent
Utioa cfe Black R See
N
101
Jan
103
114
110
123
110
115
1094
Ore Ry cfe Nav con g 4s. 1946 J-D
Ore Short Line lstg6s.. 1922 F-A
1946 J-J
Istconsol g 5s
6'ee
101
irginia
W
M
114
1 gr g4s ...1947 J-J
Registered
1947 J-J
1911 Pi/I-N
1st lien convert 48
Registered
1911 M-N
VerVallndcfeW
11334 Dec'Ol
10834
Feb'04
112
123
124
RR
9934.
Mar'04
f*
1134Apr'04
115 120
Il2i8
85
10618
gold 4s. ...1917 J-J
cfe
119
11"
118
I2014
UnPacRRcfc
4s
II
119
9638 J'ne'04
1094
M lstgug48....1990 A-O
Wist
102
107
108
114
1224
1321^4
May'Ol
Aug'03
106
lOS-a 10415 104
cfe
cfe
102
109
11841194 119
U
.
*102i.2
Kan
P
Tol
1014102
109
108
11434
II3I4
1935 A-O
1935 J-D
87 14
108
10534 Ids
1174 Apr'04
"Wcfe
1011
1144
113
93
90
.rj
NW
W MinC lstg58 Ist gu 58 '30 P-A
1935 J-J
O
5s...
Sale
96 »f
Tolcfe
Western Div 1st g
lOU
76
105
101
Sale
114 4 Sale
TolStLcfeWprlieng34s.l925 J-J
1950 A-O
50-year gold 4s
107iall0
Tor Hani cfe Buft 1st g 4s./il946 J-D
Ister cfe Delist con g 58 1928 J-D
1952 A-O
logialllia
1st refund g 4s
130
.
St P <fe S'x-City See C St P
cfeO
LakeC 1st g st 6s... 1913
SFePres* Ph 1st g 5s. ..1942
S A <fe A P See So Pao Co
S F cfe N P 1st sink t g 5s. 1919 j-j
Sav F & West See Atl Coast L
Scioto Val &
K See Nor &
Seaboard Air Line g 48...195U
Coll tr refund g 58 ..^,..1911
'Car Cent 1st con g 4s... 1949
.FlaCeucfc Pen 1st g 58.1918
Ist land gr ext g 5s ... 1930
Consolgold 5s
1943
'Ga <fc Ala Ry 1st con 5s 01945
Ga Car <fc No 1st gu g 5s 1929
Seab cfe Roa 1st 5e
1926
Sher Shr & So See
K&T
8U Sp Oca & U See Atl Coast L
Sod Bay & So 1st g 58
1924 j-j
So Car <fe Ga See Southern
So Pac Co— Coll tr g4'28..1905
Gold 48 (Cent Pac coll). /cl 949
Registered
A;1949
A <fe N Ist gu g 5s.. ..1941
Cent Pac Ist ret gu g 4s 1949
Begistered
1949
Mort guar gold 3^28.. A;1929
Registered
A:1929
Gal llar& S A 1st g 68. .1910
2d gold 7s
1905
Mex<fc Paclstg6s....l931
Gila VG&Nlstgug5s. 1924
Hous E &
T Ist g 6s. 1933
1938
Isl guar 5s red
MnniifactiirinK «& liidiiHtrinI
Consol Tobacco 50-yr g 4s. 1551
1951
Begistered
Distil Sec Cor conv 1st g 58. '27
Distill olAiuer coll tr g 5s. 1911
1910
lU Steel Co deb 5s
1913
Nou-conv deben 5s
Ist con g 6s. 1918
ant Paper Co
lut St i'uiup 10-yr conv. 6s '13
Kiiickcr Ice (Chic) 1st g 58. '28
Lackaw Stool 1st g 58.... 1923
X^atStarch MtgCo lstg68 1920
Nat Starch Co s I deb 5s. .1920
M
104»(,107
115i4ll-v'«
11140ct
J-J
J-D
121
II5I4 J'iie'04
1014
95
114
IHO4
121
1144Apr'04
119 Feb '04
105
W
General gold 5s
11014 J'ly '04.
110
133 14 133 la 132 14 J'ly '04
140 May'02
108 14,
10838 J'ly '04
Salt
N
116
116
109
109
105
C 63...191(>
1921
D
1926
E5s
1936
General 5s
1936
Guar stamped
<fe
Istcy gu 4s. .1924
O
West N C 1st con g 6s. .1914
S & N Ala See L & N
Spok FaUs <fe Nor 1st g 68.1939
Stat Isl Ry 1st gu g 448. .1943
Syra Bin g & N Y See D L <fe W
'lierAof St L 1st g 44s. .1939
1 l8t con gold 5s. ...1894-1944
1953
Gen refund s t g4s
Bge Ter gu g 5s. 1930
St li
Tex cfe N O -Sc« So Pac Co
Tex cfe Pac E Div 1st g 6s.. 1905
2000
1st gold 5s
^2000
2d gold inc 5s
1931
La Div B L Ist g 6s
Series
Series
130
MHy'04
Oct '03
Apr'04
102
112
113
904 934
84 4
102
102
I04i»
Ohio Ist g 6s... 1925
Bichife Dan con g 6s
1915
1927
Deb 5s stamped
Bich <fe Meek 1st g 48.. .1948
..1919
SoCar<feGa 1st g 5s..
ser
4-5s
110
112
]May'04
1053^ Jly'(i4
10134
<fe
Mid
83'>8
102 14
Yad Ist g guar 48.1949
1916
Colife Greenvlst6s
ET Va<fc Ga Div g 58.. 1930
1950
Con Ist gold 58
E Ten reor lien g 5s
1938
GaPac Ry Ist g 6s
1922
Knox
2
108
106
r.)4«
&
W
K C Ft S& cong6s..l92S
K G FtS & M Ry ref g 4s 1936
R& B 1st gu 58.1929
KCcSi
St Louis So See Illinois Cent
1st g 4s bd cUs.1989
-St L S
2d g 4s Inc bond ctls...pl989
Consolgold 4s
1932
Gray's PtTer 1st gugSs 1947
8t Paul & Dul See Nor PaciHc
-St Paul M & Man 2d 6s... 1909
1st consol gold 6s
1933
Kegistered
1933
Reduced to gold 4 "as.. 1933
Registered
1933
Dakota ext gold 68
1910
Mont ext 1st gold 4s
1937
Registered
1937
C Minn Ist div 1st g 58.. 1908
Nor Div 1st gold 4s
1948
Muin Union 1st g 6s
1922
Monte IstgugBs
1937
Begistered
1937
Ist guar gold 5s
1937
WlU<fe S F 1st gold 58.. 1938
Nor Pao
"338
(Sale
1004
1905
Sabine Div IstgBs
1912
Con gold 5s
1943
Soutliern— Ist con g 58
1994
1994
Registered
Mob <fe Ohio coll trg 48.. 1938
Mem Div Ist g 4 4-58... 1996
1951
St Louis div 1st g 48
1918
AlaCenR 1st g 6s
Atl
1
4105 4 104«8 104»B
1004
113 Jan '01
98 4
100 Jan '04
C<fe r)...190(;
E(fe F...1912
Atl& Danvlst g4s
Low HxqK
112 J'ly '04
9278 Mhv'()4
127 4 Feb '02
130 Apr'04
121 May'Ol
104
NO l8t78
Virginia
M
<fc
1st
1st gold 6«
Nov'97
M
P
gOs series
gOs series
Hioh
1
113
95
125
1294
1912
1st con guarg68
1937
Stamped
1905-.. 1937
122
1121a Dec'02
St Life Cairo See Mob & Ohio
L & Iron Jlount See LL K C & N See Wabasl
St L
Br See T BR A ol St L
St L <fc S Fran 2d g 6s CI B 1 906
2d gold 6s Class C
1906
General gold 6s
1931
General gold 5s
1931
St L<fc S F RKconsg4s..'96
Southw Div Ist g 5s. .1947
Kelunding g 4s
1951
St
.
Since
January I
Apr '04
11.
117
SPacofNMexlstg6s..l911
S P Coa8t Ist gug4s....l937
iUt-Canadlstgug48...1949
SagTus&H 6'ee Pere Marq
t Jo& Gr l8l 1st g 4s. ..1947
St Liaw<fe Adiron I8tg5s.l996
2d gold 68
1996
St
St
g68'30
Ist 78.1918
1920
N YT<fcMex gu 1st g48. 1912
No of Cal 1st gu g 6n
19U7
Guaranteed goldSs
1938
Ore & Cal Ist guar g 5s. 1927
S A <fe A Pass Ist gu g 48. 1 943
So Pof Argu l8tg6H...cl9(i'J
Ist guar g 6s
cl9H)
S Pof Cal l8tg68
190
Ist g (is Beries B
1905
Tex<fe
CBioGrWest SeeDeu&RioGr
JJio Gr Juno 1st gu g 5s.. .1939
BiogrSo lslgoia4s
1940
Guaranteed
T
Um
11218
137
Pitts McKees & V Hee N Y Ceu
Pitts Sh <fe L, E 1st g 58. ..1940
Istconsol gold 58
1943
Pitts <fe West aee B <fe O
Pitts y & Ash Ist con 68.1927
1997
KeadiJig Co geng 4s
Registered
1997
Jersey Cent coU g 43. ..1951
Bensselaer <fc Sar See D <& H
JRicli <fe Dan
See South Ry
Bich cfe Jleck See Soutliern
Borne Wat & Og See N
Rutland 1st con g4'as
<fe
J'ly'04
119'4 Apr'CJ4
li7>2,
N Wdivlsl
May'04
W
Boch
120ial23ia
98 101
J'ly'(i4
Apr '02
112if
Sale
gold 48 int guar.. 921
Morgan's La
loo
RU<fcCau pen 48.1944
& At! .See L <fc Kaali
111
112
94
l8t gold 68
108 la Apr '04
.
Gen
eS'-b
Ask how
Uiil
Range
Week's
Range or
Last Hale
July 29
912
Consol K 69 Int guar.
lOO",.
till
Price
f'ridav
STOCK EXCHANGE
Week Endino Jcl.y29
Low High souMiern Pac Co—< Continued;
H cfeTClslgSslntgu 93
N. T.
1
1116
.
CI& Marlst gu g4V2»..l»:(r>
D H K K<b Hue l8t 4SK.':^<>
UN J
Ask iMw
lVi\.
lSt4;i
[Vol. lxxix.
BONDS
Jiange
Since
January
191!
Si-iS
K'»
53:
Hia
Penii itK ( conlinueuj
Coiisol Kold 5h
CoiiHoi B<ii<l 4»
Convertible «
Allod Val K«u
Weekt
Range or
Last Hale
t'ridav
JulyS9
—Concluded—Page 4
634
6438 321
6I34 J'ly'04
63 4 "79
63
63
99 Sep '03
93
99 Jan '99
95
92 Feb'04
109 -8 1094 109 4 109 4
100 4 103 101 4 1014
93 Feb '03
ioi" Sale 100
101
89 J'ly 04
88
964
"40" Sale
134
6534 Mav'(l4
40
40
24
3
1104 Sale 1104
80 4 Sale
804
784 Hale 77 78
7734
and asked, a Dae Jan
6
24
1104
82
793b
7938
1948 M-S 103
Adams Ex cot tr g4s
Imp 5s 6'eeCeutNJ
6I34 Am Dk
Am SS Co of W Va g 5s. 1920 M.N
614 684
5334
5734
64 4
92
10541094
103
97
9238 101
B'kl'u FerryCo 1st cons g 5s '48
ChicJccfe St Yard col g 6s. 1915
DetM cfe Idgr incomes.. 1911
Hobokeu L cfc 1 gold 5s. ..1910
Mad Sq Garden 1st g 5s. .1919
Man Bch H cfe L gen g 48. .1940
M
Newp Ne
NY
Ship
& D D5s<a990
Dock 50-yr 1st e 4s. .1951
St Joseph Stk Yds Ist 4 4s. 1930
654 66
47
St L Ter CupplesStafUcfr Prop
4 33
Co 1st g 4 48 5-20 year.. 1917
10
14 44
1073< 1124 S Yuba Wat Co con g 6s. 1923
1
Sp Val Wat Works 1st Os 1906
67 804 83
6834 793„ U S Red cfc Ref 1st sf g 6s. 1931
24S4
904
87
.
5
6834
Due Feb cDue
100
103
10034 J'nc'02
. . .
92
11
Sale
cfe
F-A
60
J-J
100
80
AG
83
M-N
M-N
M-N
62 4
62 4
111 Mar'Ol
83
81
914.
J-J
9834
914
914
894
91V,
.
J-D
J-J
M-S
663*
764 "83"
Feb '02
60
J-J
FA
61
1014.
112
112
1 13 4 J'ly '00
79 Aug'03
10 112" ii2"
79 7t
IkCar
ctDae Apr A Due J'ly
/c
Due Ang
Due Oct p Due Not
?
Due Deo fOpttonsale
.
July
—J
A
.
——
THE CHRONICLE.
30, 1904.|
Gas
Yolume
of
Business at Stock Exchanges
NEW YORK
TBANSACTION8 AT THE
Essex
Stocks
Hist 58 1915
Bonds
Bonds
Par value
Shares
Bonds
$1,093,500
189,700
55,506,350
48,710,300
35,721,000
1,757,500
1,800,000
2,416,500
2,150.000
1,626.000
$5,000
17.000
72,000
58,000
29,500
8,000
$1,000
..c,..!G,200
2,610,942 $242,181,050
$10,849,500
$189,500
$1,680
...
....
—
Monday
Tuesday
Wednesday.
Thursday...
Friday
Total.
fill,
January
Week ending July 29
Sales at
Stock
New York
180
*500
1903
63,343,026
97,079,691
3,021,793
3,610,942
Stocks— K o. shares
*242, 18 1,050 $284,322,650 $5,874,747,375 $9,081,606,600
Par value
Bank
$410,000
$16,200
shares, par.
BONDS
$404,850
1,680
189,500
10,849.500
15,565;506
$468,580
2,926,700
368,934,200
$9,147,750
358,600
390,571,000
$11,040,680
$15,570,500
$372,328,480
$400,077,350
Oovernmenl bonds
State bonds..
BB. and mis. bonds
Total bonds..
$5,000
DAILY TBAN3ACTIONS AT THE BOSTON AND PHILADELPHIA
EXCH.6JJQKS
Philadelphia
Boston
Week ending
July 39
1904
Bond
Unlisted
shares
Listed
share'
Thursday
2vi.611
Friday
17,816
126,120
sales
5,185
13,318
15,051
13,647
16,291
9,805
3,185
8,262
5,114
7,510
6,293
4,878
$36,300
67,300
52,0u0
85,500
68,100
98,000
$175,000
35,417
Monday
Tuesday
Wednesday
Total
.
sales
$25,500
33,000
34,000
37,000
36,500
7,000
73,297
30,242
$357,200
4,226
6,274
7.299
6.742
5,807
5,009
10,206
20,284
26,478
28,725
Saturday
Bond
Unlisted
shares
Listed
shares
A-O
OS 1938
1IO<feIndCNat& lU.lOO
J-D
Ist 68 1926
Pat & Pas Gaa <fe Elec 00
00
com .100
14
100
60
1]Preferre<i
list
46
\
Cotton Oil&Fibre,pref.25
62
81
100
16
3
100
H Pref erred
no6
noo
96
130
102
131
15
44
5
100
Preferred
100
Electric Lead Reduc'n. 50
Preferred
50
Electric Vehicle
100
Preferred
100
40
70
Electric Boat
Electro-Pneum'icTranlO
Empire Steel
100
100
Preferred
H General Chemical ..100
100
H Preferred
Gold HiU Copper
1
Greene Consol Copper. 10
80
34.
t
t.
9
13 Vi
Y&N
,
Weekly Review
Market will
of Outside
Street Kailwnys
NEW YORK
32
94
100 240
5s 1914 ...J-J 104
U2dmorl
Con 5s 1943 See Stock Exch
B'-way Surf Ist 58 gu 1924 1108
2d 58 int as rental 1905 i 'dU^
flCeut'l (Jrosst'n stk. .100 290
HlstM 6s 1922 ...M-N !117
flUeuPkNife li 14 stk. 100 204
IJChr't'r & 10th St stk 100 177
Col<fe 9th Ave 53 See Stock Excli
H B'y
Dry
&
7 111
Ave slk
. .
D E B & 3—
list
Preferred
Avenue st. . 100
F-A
HScrip 68 1914
1]42d& GrSt F'y stk. .100
J-J
North Chic Str stock. 100
Pub Serv Corp of N J 100
Tr ctfs 2% to 6% perpet
North Jersey St Ry loo
121
209
185
Ist 4s 1948
42dStM & StNAv..lOO
lllstmort 68 1910 .M-S
iJ2d Income 6s 1915 J-J
New'k Pas Ry 68'30J-J
Or & New l8t68'05A-O
Essex Pas 68 1905 M-N
Rapid Tran St Ry..lOO
l8t58 1921
A-O
J C Hob&PatersonlOO
4s g 1949
M-N
So J Gafl El & Trac 100
Gug5s 1953. ....MS
No Hud Co Ry 63' 14 J-
101
See Stk
See Stk
Metropol Securities
Metropol Street Ry
Ninth Avenue stock. 100
Second Avenue slock 100
Hist niort 08 1909 M.-H
Con8ol58 1948.... PA
Hsixth Avenue stock 100
Sou Boulev 68 1945. .J-J
So Fer l8t 68 1919. ..A-O
Third Avenue See Stock
P & M 58 1928
Tarry
E
X
E X
185
205
list
list
192
209
103
H2
100
234
100
106
107
113
400
99
112
106
101
106 106
Stk Excli list
See Stk Exch list
BklnCJCo&Sub Am
llConey Is. cfc Bklyn ..loo 330 850
N Y <fe East River Gas—
Ist cons g 48 1948. .J-J 100 14 101
Ist 68 1944
BrkC& N 68 1989.J.J 111 114
J-J
Consol 58 1945
J-J
Gr St&i^ e w Ist 58 '06 F.A 100
Gr'ptifeLoriuier St Ist 6» 102
Y & Richmond Gas.lOO
Nor Un Ist 58 1927. M-N
Kings Co. ElevatedIsl 4s 1949 See Stock Exch list
llStandard Gas com ..100
100
Nassau Kleo pref
TlPreferred
100
76
68 1944
A-O HO"-, 112
ist 68 1930
M-N
<S'«« 81 k
Exc h list
I8t48 1951
OTHER CITIES
N Wb'gifcFlatl8tex4'-2S 100 102
8teLnway 1st 6s 1922.J-J U14 116
Amer Light cfe Tract. 100
Preferred
100
Bay Stale Gas
50
OTHER CITIES
Biiighainton Gas Ss 1938
buffalo Street Ry—
Brooklyn Union (^as deb
Istconsol 5» 1931. .F.A '^111''. 113W,
68 1909 conv '07. ..M-S
Deb 68 1917
A.O «105 107
Butlalo City Gas stocklOO
Chicago City Ky Htk.lOO 170
l8t 6a 1947 .See Stock
Chic UnionTrac.SeeSt'ck Exch list
Chicago Gofl See N V.St k
Clevelanil Electr Ky.lOO
71'.,
Cincinnati Gaa A EleclOO
72
ColumbuH (O) bl Ky..lOU
(10 '8
Oil, Con«ol (jasof N J
100
Preterrcil
1 00
lOO'f
l8t 68 1936
J-J
Colum Ky con 58 See Pli 11a liHi
Consumers' L
<& Pow —
Crosat'wn lst5s'38.J-D 110612 loew,
68 1938
J-D
Grand Kapida Ky
100
65
60
60
lIDetrolt City Gaa
Preferrefl
88", Elizabeth Gaa Lt Co.. 100
100
86
N
Buyer paya accrued
interest.
1
Pric«
i/or
share.
)
M-N
J-D
Preferred
100
Chic Peo & St L pref. 100
4
Deposited stock...
9
Un deposited stock
Prior lien g 4 >2S'30M<feS 5106
88
Con mtg g 58 1930. J<feJ
24
Income 58 1980
93
R I <fc Pac 4s (w i)
Ch
83
Erie conv48Aprl'53A&0
Y Central deb 4s (w i). 98
N
Mex Nat
R
Coal. .50
Preferred
Mosler Safe Co
TlNat
Enam & Stamp
50
100
100
100
100
20
23>4
67
10
60
t
I'E
1
8
8
19 Is
t
86
08Vz
92
80
15.
35
2T
86.
105
1
40
5
105
2Vj
19V»
100
5
20
75
15
50
38
Preferred
40
9M,
190
oOO
24 Vj
70
20
1^4
10
S^
I634.
82
117
46
125
20
46
1
3
3
3l2
434
4Vi
100
100
100
Phoenix Mining
Pittsburg Brewing
150
102VJ
14
72
113
42
105
115
16
Nor AmLum'r&PulplOO
llOutario Silver
Otis Elevator com
8^4
180
290
102
115
UPreferred
National Suretv
TINew Central Coal
N Y Biscuit 6s 1911. M.S
N Y Mtge & Security.lOO
lINew York Dock
100
UPreferred
100
N Y Transportation... 20
91
28
'b
16
15
99»2 101
180
t
Construe. pflOO
Monongahela
8
10
109
1<
5
42
51
97
30
88
32
90
10
13
2538
50 t
46
Preferred
50 t 45
14
Reduced
100
2Vi Pittsburg Coal
60^ 56
Pitts BesSiSiLE
37
Preferred
100
50 t 34
99
Preferred
Pratt & Whitn pref.. 100
77
50 t 74
100
Seaboard Air Line
Realty Assoc (Bklyn)lOO 126
8708 88
Coll tr 5s '07 op (w i)M-S
Royal BakPowd pref. 100 103 104
2 '4
63
104
South Pacitic rights (w 1)
25 t 61
'2\i Russell & Erwin
91 a.)
111
Preierred (w i)
H2V2 Safety Car Heat <fe Lt 100 180 190
lOo
32
Seminole Mining
40
5 t
Va<fc South western.. 100
^ss
30
25
Simpson Crawford Co 100
Industrial and niiscel
80
64
Deb 8 f 68 '24 op '05.. J-J
list
400 450
AlUance Realty
90 100
Singer Mtg Co
100
100
6 ^ 7'a
list
10 Si 12
Standard MUling Co. 100
IJAllis-Chalmers
100
28
16
26
46
Preferred
66
100
IJPref erred
100
74
61
57
76V».
HAmer Bank Note Co. 50 t 54
58
783< American Can com... 100
080
4
4»a StandaVdoiiofN j!.'io6 628
82
46
40 Hj 41 Vj Standard CouplercomlOO
28
Preferred
lOO
126
7614 American Chicle Co.. 100
92
93
Preferred
100 HO
Preferred
81
Storage Power
h
83
50 t
lOO
Exc h'ge
American Elevated
Swift & Co See Boston St k
1 0-2
Malting 68 19 14. J-D 100 102
l8t58 1910-1914. ...JJ 4101
31
Amer Preaa Aasoc'n.lOO 90 100 Ten nesaee Copper
25 t 29
90
110
Amer Shipbuilding... 100
20
UTexasA Pacific Coal 100 76
110
h list
81^^ 82
Preferre<l
1st 6a 1908
A-O 5105
100
476
list
Am Soda Foun com.. 100
2
4
Title Guar cfcTruat... 100 465
145
X list
Ist pref erred
67
72
Title Ins Co of N Y.. 100 185
100
810
SH.
2d preferred
11
14
Tonapah Min (Nevada). 1 f 7'
100
11
American Surety
TrentoiiPoltericacomlOO
8
60 160 170
.S2
10814 Amer Tobacco com.
78
Preferred new
100
50 250 500
76
list
Trow Directory new.. 100 ^io
loo 183 188
H Preierred
1
Am Typefo'rs com. ..100 25 30 Union Copper
lot
114
Preferred
Union Switch & Signal 50 t 65
84
88
loo
105
no Amer Writing Paper. 100
4
Preferred
50 t
3H»
79
82
Preferred
1 00
12V; 13 Vi Union Typewr com.. 100
100
58 1919
100 108 111
JJ 72 "i 78Vi Ist preferred
140
UBarney <ft Sm Car ...100
2d preferred
20
100 108 111
^4
170
lU
UnitBoxboardifePap.lOO
100 110 120
1| Preferred
9
112 Hi BI188 Company com
8
Preferred
100
60 180 160
2>9
Preferred
2
100
U S Cotton Duck
50 130 146
'^0
Bondifc Mtg Guar.... 100 345
860
U S Envelope com. ..100
61
Bordeu'a Cond Milk.. 100 118 122
70
73
100
UPreferred
Kxcli hat
98
Preferred
loo 109 111
US Really* Imp See Hfk
Camden Land
7
8
U S Shipbuilding (wi)...
CelltUoidCo
41
98
Preferred (w i)
100 112 113
23
20
Cent Fireworks com. 100
13
18
6 certifs
184'-,
Preferred
65
60
...100
US Steel Corp new 5.s .See Stk K list
4'4 Central Foundry
1»4
Coltr«f5a'^51opt'll .. 5107Vj 108 Si
1
100
list
Preferred
ColtrsfSa'ol not opt. 5107 Si 108 "a
8
100
O^v
7
list
5,f
Deb 68 1919 op 'OIM.N 50
Universal Fire Ext'r. 100
1081-j Century Realty
Hi
125
Universal Tobacco... 100
100 100
4
100
2
ClieaebroughMfgCo 100 400 4.10
Preferred
WeHtcheatcr * Bronx
98
11Clalliu(H B)l8t pref 100
92
88
Title* MiirtHuiir Co. 130 150
11 2d preferred
90
95
100
102
Weatingh Air Brake. 60 131 134
90
98
100
I1 Common
6
4'u
Col A HockCoal&lpllOO
Wliito Knob Mining. 10
80
65
latgSa 1917
Worthing Pump pref. 100 116 nu
90
J-jl} 86
£x rights. «Ex lUVj ^ ijeUa on Stock Bxohango, but not a very active neonrltj.
99
lou
released
132
100
139
1
247,
IOIV2
"-i
.
Am
,
'
. .
Ci.
nil
4107
35
no3
130
155
illOH;
49 V,
91
i
96
183
Si
4
Exch
Kxcl:
102'4
{
j»9
H
i
1st 5s 1922
N Y & Hob con 5s '46.J-D
HobFyl8t58 1946 M-N
N Y&NJl8t5sl946.J-J
10th & 23d Sts Perry 100
When
Cent Union Gas 1st 68... {107
Con Ga« (N Y) stk. See St k Exc
Conv deb 68 ctfs A'eeStk Exch
EquitGa3Con68l982 ^ee Stk E
TjMutual Gas
100 290
New Amsterdam Gaa
l8t consol 6s 1948. .J-J n07Hi
NYGELH&P See Stock Exch
237
list
Con 5s 1948 See Stock
NY& E R Ferry Stk.lOO
Northern Securities.. 100
105
Gaa Securltlea
NEW YORK
;i3
B& NY Ist 6s 1911. J-J
Northern Pacific
So Side El (Cliic) stk. 100
91V.
Syracuse Rap Tr 58 1946 U02
Unit Rys (St L Trans) 100
1042
Preferred
100
53 Hi
Gen 48 1934. ...See Stk Exch
UnitRysSanFran SeeStk Exch
Wash Ry<fe El Co.... 100 I414
Preferred
100
60 \
48 1951
J-D
78 S;
43 >4
100
H West Chicjigo St
HCong 5a 1936. ...M.N 72
list
li
E 58 1933. .A-O
Brooklyn City stock. ..10
Con 68 See Stock Kxcli
Bkln Crosstu 6a 1908.J-J
Bku Ugls Ist 68 1941 A-U
Bklyn Rap Tran
ai2
J-J 5110
58 1928
Ext 58 1924
M-N 5104
Pat City con 68 '31.J.D 5122
2d 6s. ...1914 opt A.O noo
Rochester ".'iy
100 102
noi
A-O 109
Con 58 g 1931
Impt 58 See Stock Exc list
W
70 1<
90
101
Con 58 1930 See Phila Ust
2d 58 1933
J-D noi
BROOKLYN
BB&
110
17
70
88
5100
Preferr.M
Ferry Companies
Brooklyn Perry stocklOO
Ist 68 1948
14'u
John B Stetson com.. 100 150
Lanston Monotype
20
Lawyers Mort fnsur.lOO
Lawyers' Title Ins. ..100
Lord <t Taylor pref ..100
5\
6Vj IlLoTi' anl(P)pret ...100
Mac kay Companies ..100
105
Exch list
Pi el .red
100
80
Maoi.'-oii So Garden. .100
75
90
2d 68 1919
M-N
5 89
106 108
Manhattan Transit
20
Raib'oad
114
101
101
SlOO
245
5109
112H.
W
68 1909. .A-O
J108
ni8
UOO
176
106
108
100
Yker8StRB5sl946A-0 104
28th <fc 29tli Sts Isl 68 '96 5110
U Twenty-Tli'd St stk 100 390
J-J
96
Deb 68 1906
Union Ry Ist 68 1942 F.A 109
Westchest 1 st 5a '43 J-J 102
Ave
J-I)
172
§102
Exch
67'4
67
109
66Hi
jiimz
H05
81
20
67
92H,
5108
110
5102
104
60
40
1st mort 5s 1919. ..J-D i 95
29^2
Perry stock .100
llUniou
89
Hist 5s 1920
M-N 88
70
N J...IOO
ConsTraeof
InterburonghKapTr.lOO 138^8 183 "a
tiex Av & Pav F 58 See St k Exc list
Allan
M-N
Ust
405
106
405
70
50
104^2 107
85
80
.
815
29
30
74
77
72
75
95 100
48 "-J 49
19
21
100
4^28 1952
110
108
100
390
105
390
Scrip 58 1914 ....F-
U Kiglith
107
110
101
ist 58 1983
iflst gold 58 1932... J-D
fl
3I4
1st 5s 1928
J-J
95
97
1[Loui8V St53l930..ja5J ni3>.2 118^4
Lynn* Bos 1st 58 '24. J-D ni2H: II412
9 '4
9 1-2
100
New Orl Rys Co
84
97
245
79
Ask
Bid
Lake St (Chic) El stk.lOO
CITY
Bleeck St<S; Ful F stk 100
48 1950 ..J-J
Hist moil
100
Preferred
found on a preceding page.
Street Rail'ways
Ask
Bid
be
48
UnitedElectricofNJlOO
J-D
48 1949
Outside Securities
A
90
46
Narragan(Prov)E10o50
NY&QElL&PowColOO
IV
9^
%
t
33
49
8
98
52
52
55
1
»i(
108 14
14'i
U Cong 58 1949.... M-S no2
18
93
95
HackensackMeadowslOO
St Joseph Gas 5s 1937. J-J
10
92
95
Kniok'b'ker Tr Co reel s
StPaulGas Gen 58'44M.S
Hackensack Water Co
Syracuse Gas 5a 1946. J-J i 99 >2 101
Ref g 48 52 op 12. ..J-J 591 Vi
60
Hall Signal Co
100
Telei^ «& Telephone
8
Havana Commercial. 100
15
89
92
Preferred
100
TIAmerTeleg& Cable 100
100
Havana Tobacco Co. .100 26
Bell Teleph of Bultalo 100
104
35
Preferred
100
T|Central<fe So Amer .100 103
30
40
Hecker-Jonea-Jew'l Mill
Ches<fe Poto Teleph.. 100
103 'g 104 "i
M-S 103
J.J
1st 68 1922
58 1909-29
1
Herruig-Hall-MarvinlOO
llCommercial Cable ..100 181 200
30
l8t preferred
100
Commer Un Tel (N Y).25 115
2
2d preferred
100
Emp & Bay State Tel 100 78 82
47
62
Hoboken Land<fe ImplOO 200
Franklin
100
M.:s ?102
100 118 121
1I5a 1910
HGold & Stock
1
Houston Oil
100
1I4iaS, 1905
12
85
90
Preferred
100
Hudson River Teleph 100
90
150
Hudson Realty
J Teleph. ..100 147
TIN
58 1920 See Stock Ex chant e list Internat'lBankingColOO 142 V2
4a.
128
Int'n'l Merc Marine. 100
H Northwestern Teleg. 50 120
2"
19
78
82
Preferred
100
Pacitic <fc Atlantic
60
Col tr deb 4 V2l922op'07
USouthern & Atlantic 25 100 108
13
International Salt
100
Electric Companies
46
1st g5sl951
International Silver. 100
Chicago Edison Co... 100 143 145
80
Preferred
100
TlKingsCoElL&PColOO 193 la7
3
48
5^^
3638
Dominion Securities. lOo
95
100
63
54
109
136
75
109
80
58
50
5
25
5>^
Cuban 68 of 1896
d»h H Diamond Match Co. 100
12
97
•a
66
18
67
18
t
Cramps' Sh&EuBldglOO
100
llCrucible Steel
IO6I12
97
Atk
jjid
.
4I4
Cons Ry LtgcfcRefrig. 100
4
i
Consol Rubber Tire. .100
IVj
Debenture 4a
9
11
Cons Storage Batteryl 00
10
ContTobacdeb 7s'05A.O 5101H! 10213
103
76
Newark Gas 6s 1944. Q-J J135
Newark Consol Gas. .100 74
S-D no8
UCongSs 1948
No Hudson L H <fe Pow—
July 39
1 to
1904
1903
1904
Exchange
•
i
i>liso«M
.
llCons Firew'k.s
F.A ilOl
M.K
1920
50
Jackson Gas Co
A-O
5s g 1937
100
Kansas City Gas
A-O
1158 1922
lou
HLaclede Gas
100
DPreferred
Laiay'eGa8l8t68'24.M-K
Log<feWabVl8t68'26.J-D
Madison Gas 68 1926.A.O
and
Compressed Air Co. 1 00
Consolid Car Heating 1 00
28
Ist 6s
$13,! 0,500
140,805
413,122
544,792
606,872
624,086
881,765
Saturday
97
60
55
100
75
See Stock Exch
5s ff 1949
Indiana Nat & lU Gas—
M-N
42
Ist 68 1908
68
Indianapolis Gaa stock 50
O S
Industrial
Axk
96
Hudson Co Gas
Slate
die
Bid
Securities
Hudson Gas 100
Wayne
Grand Rapids Gaa
STOCK EXCHANGE
Sailroad
&
491
6s 1925. .J-J
Gasife El Bergen Co. .100
Fort
WEEKLY AND YEABLY
DAILY.
Week ending
July 39
iyu4
—
I
8101
.
(
200
Sale pnoe.
a
1
'
BOSTO!^ STOCK EXOEANaE-Stock Record,
P<linre I'ricen
79 '4
— Not
Monday
Saturday
July 23
Tiiesdav
25
July 26
Jul:/
791,
9GHi
79-8
783s
97 '< 97 ij
249 249
7738
Per Centum Prices
Wednesday
July 27
961a
•282
•138
•40
•79
139
17 14
69 Ha 73
194
194
194 14
gi^a
193
76
....
70
•30
61
74
74
70
70
32
31
•94
•94
95
•62 la 65
95
65
*62'a
9676
9414
911.2
*140
'J67e
94 14
91^2
112
112
9313 94 14
9II2
91Wi
75
*19'2 20
12959 12934
129\
12934
132 13278
ll-^ lliu
77^4
77
*H3>4...-
250
16234 16234
40
82
1%
125
•222
224
•8
8ii.
10134 102
•2212...
414
*nh
6979
31
1238
62»fc G.y
••60
•75
20
*4ig
205
74
301a
95
65
95 St
71
301a
95
95
-69
*30
•19
1311a I32I4
111^4 llHi
77
77 li
llii
7712
llitj
7712
5^6
250
250
161
40
I6I34
40
82
17434 176
II4
1^4
2>.2
12 14
621a
•60
125e
631a
'75
98
7534
250
250
1611a
15934 161 la
51a
53,
40
53,
250
393.
3'J->4
'
82
^2
1751a 176
32
1751a
• 1 I4
l-a
la
la
1
1241a 125
219
8
101 14
219
219
81a
8
101
22'a-..
Last Sale
Last Sale
Last Sale
"2
103
50
31
i>l
21a
104i2l05»a
491a 50
31
31
la
10(3
50
31
1214
Ills
11\
62
59
eiifc
^75
•60
1234
•88
•78
95
SO
98
Last Sace
Last Sale
1114 11%
69
75
la
60-'4
LastSalc
13
1234
90
•78
*95
13
165
300
180
4,709
262
3,267
860
781
Last Sale 114
9
1134
6038
121a
Wore Nash <fe Roch..lOO
7534
8338
60
'04
7,
1317,
8
•2
'Z^
10634 107 1«
4934 493,
sola
Jan
75
lOlialOlia
la
•2212...
106ialOVi4
50
50
3OI4 31
4I4
219
812
101
100
100
100
100
50
50
Amer Agricul Chem.lOO
Do pref
100
418
4%
Amer Pneu Serv
50
191^ '26"
19 "a 19
Do pref
50
12878 129 Amer Sugar Refin
128 129
100
12934 130
12934
12934
Do pref
100
13 lia 133 14 133
133 Amer Telep & Teleg.lOO
Ilia Ilia 111*
Ilia Amer Woolen
100
76 14
76 'a
761a 7678
Do pref
100
Last Sale ?ia
J'ne'04 Boston Land
10
124ial24ia
221
la
pref
15
Last Sale
Last Sale
8
H
941a
J'ly'04 Vermont & Mass
911a 'West End St
112
Do pref
Wisconsin Central. ..100
Do pref
100
75
751a
II4
11<
125
101
Do
15
250
160
40 14
82
175
53,
221
H
'01 Terre Haute Elec
96'4 Union Pacific
141s
834
51a
1611^
39^8 3y7g
811a 82
1=4
18 '4 Mass Electric Cos
100
Do pref
100
Mexican Central
100
193 N Y N
<& Hart.. ..100
J'ly'04 Northern N
100
J'ly'04 Norwich & Wor pref 100
20.5
Old Colony
100
76 Pere Marquette
100
71
Do pref
100
32
Rutland pref
100
Oct '03 Sarannafi Elec com.. 100
Feb '04 Seattle Electric
100
95
Do pref
100
lOia
141a
III4 ll^e
76=8 ^Ti
250
125
221 222
81.2
*S
•101 12 10 134
*-J.
*5ia
112
Last Sale 145
15
131
^7434 176
125
125
371a
191a 20
91^,
250
161
112
111
911a
161...
114
834
9134
13
13
S«
92
,
95
12iaAprl4
Jan 6
3 4 Feb 4
17 Feb 27
1224 Feb 24
122 4 Jan 6
119 14 Feb 19
9 Feb 19
684 Jan 19
3 4 Mar28
1124 Jan 15
71
15 4 J'ly 21
76 Jan 23
6
21
Mar31
Mar31
131 4 Jan 25
130 J'ly 18
133 4 J'ly 20
12=8
Jan
78
J'ne25
Feb 16
379
6
II514 AprlS
May'Ol Comberl Telep & Tel 100
7i4J'nel3 12 May 7
914 Dominion Iron & St
40
*5ia
63gAprl4
6 4 Jan 23
534 East Boston Laud
100
250
94 230 Feb 26 250 Jly 12
250 Edison Elec Ilium. ..100
161
419 al51 J'ne22 1784 Jan 22
162 General Electric
100
725 3738Marl6 4379 Jan 5
391a
391a Mass'chusettsGasCoslOO
82 4.
82 la
Do pref
100 1,050 7734 Marl4 8234 J'ly 21
176 la 17534 Mergenthaler Lino.. 100
63 173 J'ne 2 180 Marl2
114
Apr 30
2 Jan 25
lia Mexican Telephone.. JO
130
125
230 118 Feb 23 127 Apr 16
125 N E Telephone
lOu
Marl4 4 Jan 28
2
1
J'ly'04 PlantComt'ststkcomlOO
17
10 Mar2!:i 17 J'ly 1
100
J'ly '04
Do pref
218
220 Pullman Co
100
70 208 Mar 15 223 J'ly 13
8
64 Jan 19 87eAprl4
10
Reece Button-Hole.. 10
10034
100
601 X9934 Mar21 102 14 J'ly 8
10(J7g Swilt <fc Co
2~i^
22 4 J'ly 18 2 4 J'ly IS
J'ly'U4 Torringtou Class A.. 25
28
Sep '03
Do pref
25
2-3
2 Jan 16
2 4Mar29
J'ue'04 anion Cop L'd & Mg. 26
100 1,963 95 Feb 8 113 J'nelo
1051a 10578 United Fruit
45i4Feb26 51 jSIayl3
50
60
United Shoe Mach... 25
69
28 Jan 2s 31 J'ly 22
31
55
31
Do pref...
25
7I4
7I4 US Leather
8 Jau 23
6 4 May 12
100
100
Jan 16 8334 J'ly 19
4 77
Do pref
100
1034 Feb 6 19 J'ly 19
ly
100
J'ly'04 U S Rubber
40 4 Jan 6 7834 J'ly 1;
'S'4
Do pret
100
J'ly '04
Uia
838 May 13 1278 J'ly 18
11'. U S Steel Corp
100 3,030
m
il
591a
60=8
7o
J'ly '04
13ia
131a
91
91
Last Sale 80
80
Lowest
Jliflhesl
J'ly '04
100!20,498 51^8Mayl3 63 4 J'ly
•50
Apr 12 •76 Jau
25
6 4 J'ne
13 4 J'ly
Teleg.lOO
467
100
90 76 Marl4 94 J'ly
75 14 J'nei;8 85 Jau
Mfg. .. 60
60
57 9334 J'ue27 100 Jan
Do pref
West End Land
&
Do pref
Westing Kl &
West Telep
Do
96
pret
25
14
29
19
21
16
iVIiiiing
•871a '871.2
•838
5238
52
12
52
14
53
'8
I2I2
*-85
12
12
I8I4
II32
•35
91a
26 '8 273,
••50
-55
470
4.70
••.9"
24^^
25
7
7
•23
•21
•85
8^4
81a
511a
521a
•9334
8
•9334 -Qi^,
8 '4
••871a
81a
517,
x50ia
5014
1
aia
513i
Last Sale
12
12
,1^.
'35
•35
9I4
9
-a
26^8
26
•55
'56
470
475
lis
1
•20
-25
9
9
25I4 2618
•45
^45
2514
241a
•50
•50
475
24
24
23
•22
7
71,
•22
11
11
••65
1
^25
'
671.2
5534
17
15
106
»105
104
4:; "a
*2l8
23b
•71.2..3
8
I's
1138
•4»a
••50
'4I2
,
48
la
•31a
••87 la
•13'a
-J
57 12
10
431.,
lOii
2
2\
712
8
3
3
lia
11..
ll'^i
11-<B
414
••50
41a
41a
1
41a
431a
43 14
431.,
4
•31a
4
1
llOfc
6
1
5
•
•24
II4
••871a
I'i
•131a
14
621a
241a
021.^
24
'1
lis
•l»a
87
•85
87
•75
1^2
1\
eig
6
6
88
!'»
89
8
"ii"
"'i;;'!^
lO'g
S838
107«
38'4
•734
761a
•76
90
11
^87
25
SS
476
473
Last Sale
23 14
2334
7I4
•24
7612
•7r
42 4 43
lia
11
«4
UI4
'
24
•634
714
-24
•23
54 14
5212 55
51
I4I4 15
141a 16
4134 413<
4178 43
10434 106
'IO134 106
2l8
2'-'8
•7
71a
3
114
3
lia
10 la IOI2
.4
41.J
41a
•50
•50
4
4
42 la 421a
41
•50
••75
4
lifc
4
•50
131a
62
24
61 14
2334
85
851a
II4
86
11-2
5't
86
75
•IH,
5=8
89
7
•279
II4
3
13<
"a
11
•4
#214
42
4
•50
4
44
1
44
4
Last Sale
Lant Sale
LastSate
121a.
131a
1>4
534
41..
42
4
-31a
62
24
•II4
•50
Last Sale
•
10
134
614 614
•121a
62
24
lia
851.J
80
1^6
5 Of
89
••65
1
•25
•24
14
24 4
14
86
87
•75
•75
14
54
'88
734
'a
73,
21=8
10»s
22^16
11
2:22
'11
37
S=,
38 4;
37
3"^
3734
3VJ
71a
8
3
8
•'8
11
71a
2118
107g
36=8
3
712
76
7t5
75
75
7.^>
•65
•65
••65
75
•M
8I4
7=8
7
21
n
•107s
a7
3
73<
75
m
74
75
•Ho
6 '8
89
76
Hecla
25
10
26
26
Catalpa (SUver)
Centennial
Central Oil
605 •39
60 436
Jan 4
Apr 2 3
•05
(in 4 Feb 8
6 78 J'ly 25
300
3,260 •20 J'lj- 15
2',816
7
4 Apr
6
34J'ly
534 Jan
Oct 127 Jan
Q4N»v 1)214 Jan
834 Jan
5 4 Oct
223 Dec 310 Feb
138 Sep 204 Feb
116
Feb
Feb
Feb
li«Oct
2 4 Jan
121 Nov 139 Jan
9 Apr 20 Jan
30
J'ly
4834
8878
74i4J'ly
I6434
Aug 190
197
J'ly 237
64 Dec
10
99
25
J'ly 132
28
J'ly
134
91
J'ne
Aug
38 4 Oct
27
2634
2934
5
Jan
Aug
111
53
31
7 Sep
7134 Oct
9 Oct
33 J'ly
10
4934
•60
74
Apr
Jan
Jan
4 Feb
loi^Fe*
95 4 May
18 4 Feb
574 Jan
Nov 39 79 Feb
Nov 89S8Jan
Jan
80
-Mar
Nov 28
Jan
Feb
Feb
Jan
Oct 102
Oct 108
8O34 Oct 110
71
67
2 Dec
314 Jan
333, Oct
•60
Feb
6
18
Jan
76=8
Mar
II4
1234
Mar
3II4
64
Feb
Feb
84 Mar
Jan
15=8 J'ly
•75
Jan
Feb
Jan
Jan
Jau
Sep
l-'eb
35 J'ly 25 25 Apr 95 Mar
Oct 14i6Feb
7
9 4 J'ly 20
27=9 J'ly zO 20 Dec 39 4 Feb
40 Dec •90 Mar
J'ly J 6
65
480 J'ly 26 400 J'ly 551 Mar
09 J'ly 15 •08 Feb 10 Feb
J'ly 3 1 'e Feb
1
1 2534 J'ly JO
534 Sep
94J'ly
10 May20
76 Jau 6 •35 Nov li^aa Jan
12i4Apr 9 10 4 Sep 16 Mar
58 '8 J'ly 20 37 J'ly. 75 Feb
36 Jan -2 31 NoV 48 4 May
72 Jan 2 59 4 Oct 13178Jan
113 Jan 2 106 Oct 1184 Feb
2 Oct
6
Mar
24Jan 5
Feb
7 J'ly 14
914 Jan 9
55'-.
Mv
1=8
74
<fc
J'ly 26
Feb 11
Mar 2
May 14
9 Nov 26 Feb
66 4 Nov 86 14 Feb
3 Sep
7
Mar
12 Sep 24 Mar
10739001 134 14 Jan
116 Aug 123 4 Deo
i;44 0ct 169 4 Feb
634 Oct
1479 Feb
65 Oct 79i4Jan
Copper KaugeConColOO 23,781 38 l''eb23
20 4,138 14 14 J'ly 28
144
1434 Daly-West
•43
670 40 J'ne29
Dominion Coal
100
20 103 J'ly 6
100
10434
Do pref
10434
134 J'ue27
12 '""65
J'ly '04 Elm River
7 J'ne 2
26
7
Franklin
7
4I4 Apr29
51^ Apr
334 J'ly
3
3 Granby Consolidated. 10 2,260
" •50
Dec
3 Jan
14
14 Guanajuato Con.sol.. 6 1,045 •6241'"ebl6 2 Apr
5i4J'jy 17 4 Feb
11=8 J'ly 23
6 4 May2
825
104
10 4 Isle Royale (Copper). 26
3 J'ly 18 Feb
479 Jau 18
3 Feb 23
250
26
Mass Consol
24 Jan
140 •45 J'ly 16 87 4 Jau 22 •60 Dec
25
•5o"' ""i Mayflower
1 1 4 Feb
43, Dec
3iaJ'i>elO
64Jan
•4
122
26
44 Michigan
670 34 « Feb 8 4479 J'ly 20 31 J'ly 58 Fe*
25
4'i
424 Mohawk
Not 8
2I4 Jau 10
'J
Mayl
5
326
4
4 Montana Coal dfc Coke 25
2i^ Jan
•40 J'ly
82 Apr 18 65 Nov
5
40
J'ly '04 .Montreal <& Boston..
•75
May liaJan
25
75
May'U3 National
60 J'ne 9 lag Apr 28 •60 J'ne 2 4 Feb
25
87^ J'ly'04 Old Colony
Oct 23 4 t'eb
9 14 i'eb 9 1434 Apr 2
10
25
•12 4
13 4 Old Dominion
435 53 Feb 8 6434 J'ly 20 43 4 J'ly 79 Feb
25
62 4
62 4 Osceola
16 J'ly 34 Feb
2u34 Fob 1 29 4 Feb
175
24
2 4 la Parrott(Silv<Si Copp) 10
7 4 Feb
2 "9 Dec
li4J'ly 6
3 Jau 25
50
114
26
14 Phoenix Consol
80 Oct 126 4 Feb
231 80 Feb 25 100 Jan
26
86
Quincy
85
•75
Nov 4 teb
1 14 Apr 8
200 50 May23
•80
•80
25
Rhode Island
541
17,
21^4
11
373b
3
Calumet
•25
Cous Mercur Gold... 5
25
Apr '04 Conliueutal Zinc
25
/i34
134
90
J'ly '03
/'8
SantaFecGold&Cop) 10
5> Shannon
J'ly'04
Last Saie
10
37
19
B()nanza (Dev Co)... 10
241.
63,
«!*
•20
7
Bingham Con Min&S 50 5,3iO
6y"" J'ly'04
7
200
460
25
25
Atlantic
25
•55
24
'.
Arnold
9
2434
•50
3 Jan 18
295 •85 J'ly 27
25
25 1,413 dA'^iQ Mar h t878 J'lyll
AUouez
AmiUgamated CopperlOO 12,961 43 Feb 8 54i8J'ly IS
Marl5
75 Mar21
1
Amer Gold Dredging 6
J'ly
Am Zinc Lead <fc Sm. 25 410 8 Feb 23 12 4 Jan 19
12
50 1539 Feb 24 19^8
Auacouda
25
II4 J'ly26
766 25 Feb 2
25
Arcadian
4 Ad'venture Con
1'.
Last Sale •50
Last Sate 33
3 '4
Hi^J
I6I4
10434 105
*2>8
238
71..
71a
3
3
•75
•90
•85
15
85
*-75
-80
1='4
1»18
fiis
531a 66
•31a
I4I4
•62 la 63
•>24'a 25
86
4
8i8
84
6078
517f
76
Mar'l)4
9
9
244
50
476
480
*7
-23
1
•20
91a
1
•20
•9
472
241a 2434
•21
•11
12
Last Sale
661a
I6ia
•4334
•87
I8I4
11;
•12
*
8%
•871a -871.2
8^8 SII18
Highett
64 Marl 4 79'8J'ly20 64»4 Aug 8978 Jan
87 8« Jan 7 9734 J'ly 20 85 Aug 103i4Jan
64 23934 J 'lie 7 251 Apr 25 244 J'ne 262 4 Feb
410 X137 Feb 6 1 52 4 J'ly 2.-.
Aug 154 Jan
4
156 230 Marll 240 Apr23 2:',0 Aug 250 Apr
137 161 J'nelo 169 4 J'ly 13 161 J'ne 195 Jan
64 166 Apr 16 171 Jan 13 170 J'ne 177 Apr
295 Feb 24 301 Apr23 290 J'ly 305 alar
295 136 J'nelo 146 Jan26 133 Sep 157 Jan
15 rll64J'nel5 124 4 Jan 19 110 Nov 125 Jan
J'uel4 l84 4MaylU 184 Nov 1964Mar
1 180
160 Apr 6 162 4 Jan 4 160 Jan 170 Mar
270 Jan 25 285 J'nelo 270 Aug 286 Feb
133 J'ne 6 141 Apr
131 J'ly 143 4 Feb
24i4Jan 2 42 J'ly 26 26 Oct 39 4 Jan
Jan 27 80 May 2 75 Dec 83 4 Jan
73
42 Mar 42 Mar
170 J'lie 7 175 Apr -'6 173 4 May 180 Feb
17 Nov 3734 Feb
1,632 1634 Feb 25 24 Jan 21
798 68 4 J'ne 6 80 14 Jan 27 75 Dec 96 Jan
100
5 Apr25 14 Jan 11
8=8Novl 28=9 Apr
407 186i2May25 196 Jan 2 tl88 4 May 225 Jan
160 J'ly 5 1 63 4 Apr 7 16li4Dec 1734 Mar
222 Jan 29 232 Apr 21 220 Sep 232 Mar
198 J'nel3 207 Apr 21 196 Aug 2124 Feb
74 J'ly 26 80 4 Feb 1 74 J'ly 91 May
68 Mail 7 75 Jan 13 68 Sep 85 Jan
30 May 11 39 Jan 20 30 J'ly 71 Jan
7 J'ly 25 Jan
75 Jan 8434 Jan
40 Jan 15 42 Feb
91 4 Oct 104 4 Jam
87'-4M«f25 95 4 J'ly
66 Jan 6 65 Jan
6,343 7138Marl4 99 J'ly 20 6634 Aug 104 4 Jan
'
30 86 14 Mar
944 J'ly 18 83 4 Oct 95 Jan
160 Mayl6 168 Apr^l 2:162 Sep 178 Feb
107 89 Jan 4 93 Marl6 87 4 Aug 97 Feb
54 108 Jan 4 113isApr26 108 Sep 116 Feb
50 16i4J'ly27 174Feb26 16 4 Nov 26% Jan
15 37 4 J'ly 27 40 '4 J'ly 18 38i«J'ly 52 Jan
145 Jan 7 145 Jan 7 144 Sep 150 Jan
Do pref
100
Boston & Albany. ...100
Boston Elevated
100
Boston <fe Iiowell
100
Boston & Maine
100
Do pref
100
Bo.ston & ProvideucelOO
Chic June Ry <ft U S VIOO
Do pref
100
Con& Mont Class 4.. 100
Conn & Pass Riv pref 100
Connecticut River... 100
Fitchburg pref
100
Jan
93 la
Lowest
Sliarei
70 14
95=9
941a
911a
12718 128
129 1297^
129
114
9
94
Last Salt 165
•418
20
133
97
95
iyo4
Kailronds
Atch Top & Santa FelOO 6,412
IVliscellaneoua
128^6
132
•94
Last Sale 65
943p
15
75 14
41,
128
129
12-'4
12
90 14
90
78 14 81
9334 95
13
90
82
13
•87
•79
•95
94
193
205
76
74
70
8338
I2I4
191
193
'4
70
Last Sale 162
Last Sale 2^6
205
203
76
70
32
18
IBia
6979
IOI4
914
145
*14ia I5I4
75
751a
12938
12938 12978
20
129
•2212
•2
21.,
10634 107 14
•50
50»2
31
*4ia
8liii
•17434 17534
•114
76
•II314
•834
5=8
9
•123
I5I4
1811a
1371..,
18
140
I4I2
414
40
82
1811a
....
137
91
91.1a
IIII4IIII4
112
J'ly'04
14334
]20ia
Uange tor Previous
Year (ly 03 J
Jianye lor Year
the
Week
41 ...
41
Ga Ry<fe Electric. ...100
Last Sale 80
J'ly'04
Do pref
100
Last Sale «
Mar'03 Houston El'tric com. 100
Last Sale :721a J'ly'04 Maine Central
100
10i(
•94
•621a
941a
931a
96\
951a
112
140
*14l3 16
76
75
260
143V8
7e
163
1691a
Last Sale 26V la J'iy04
Last Sale 282^ J']y'04
70
I6I4
371a
*S\
1691a
14413
Last Sale 25 14
Last Sale 42
lll^jlllia
4'4
151
240
I3
Last Sale 300
193>al94
162 1<
204 ig 203
15178
240
'181
*9i8
It.
9612
1521a
....
285
18
70
194
la
74
•70
•30
9112
•94
IOI4
74
9738
941s
91h
1734
70
78
260
240
163
122
•41
...
•7813 80
914
77
96
162
169
0/
EXCHANGE
250
771a
961a
250
Weekly and Yearly
Sa les
BOSTON STOCK
ftiday
July 29
'1201a 122
137ifl 1371a
1718
204 >s 204 Is 204
95
65
*62ia
9I4
30014
1441a
282
70
1838
914
194
•204
•74
•69 H2
•30
31
•94
285
133 139
42
42
•78I3 80
139
4i
80
40
•79
ISH
'4
2S2
2Pr>
7334
10^4
18^4
7334
•9
'282
235
139
42
80
7638
9614
249
249 la
152 la 152
240
237
163
163
169
'16P
Daily.
8TOCK.S
Thursdan
July 28
77I4
9534
7579
•9538
78'4
96
249 249
249
1523^ 152'-2lf>24 152ial52ia 1521a
237 240
237
240 •237 240
»12S7
163 166
163
167
107 107
»16t5
lea's 169>al69i3 169
16i»
170 •
•300
300 ....
»300
300
144 145
144 144
143
,145
•121 122
»121 122
122
1201a 122
•181 ....
•181
181
•181
249\
»249
152
1
!
8-V
Mar'04
10
25
Tamarack
25
Tecumseh
25
Teiiiieasee
25
Tnulty
100
United Copper
UmtedStatea Mining 25
Unit States Coal <fcOil 25
214
21
3718
38 1» Utah Con (Gold)
3
3
7
4
le
76
76
So
Victoria
25
25
25
Wolverine
W.va iidot
b Before pay 't of assess'ls called in 1903. d Before pay 't of a.ssess'tsoalleiliu 1904
Bidaudasked.
162
25
|1
J'ne.;;0
60
334
Mai 25 ""8 '8
6
8,358
J\larl9
t)
J'ly 13
J'ly
25
Warm
Jan 4 23 4 J'ly 21
SieJau 4 ll'aJ'lyH
18
6",.V9'i
320
30 Jau 2
2i8J'uell
Feb 23
5
69 Jau 5
11,78
25 1,405
74 Wuioua
•65
li8J'ne24
2 4 J'ly 15
9i4.Iau l.S
6i4J'ne 1
85 May31 120 Jan 19
541
1,496
370
195
300 •50
^^
New stock.
Feb
1
7
76
3
an
14"8Apr
J 'ly
Dor,
J'ly
.J
lyo
Nov
I'^iB
Jau
3334
4 '4 J'ly
Dec
4
I6I4 J'ly
8
3''34
J'ue21
22
4
Apr 2.
Feb
Jan
27 4 Feb
Dec
84 J'ly 14
J'ly 13
li4Jau 4
J
17
au
4 Uec
6 4 J'ly
61
J'ly
•75
Oct
Mar
14
Alar
33 =8 .May
1
77
i-eb
H-eb
3434
•26
1734
1
9
1434
77
Feb
Mar
Mar
27e.Mat,
tAss'lpaid. ifEx-rights. aEx-div.& right*
j
O
5
July
Boston Bond Beoord.
30, 1904.]
BONUS
Price
Week's
WEEK ENDLNO JULY 29
Fridav
July 29
Last Sale
BOSTON STOCK EXCH'QE
&
S Fep;eiig4s..l995
AtohTop&
Adjustment g 4a....J'ly 1995
Boston Elect Light 1st 6s. 1908
1924
Consol 58
1907
Boston & Lowell 4s
1944
Boston <fe Mame4'i28
1905
Improvement 48
Bostcfe Mon 3d issue 78... 1904
Boston Terminal 1st 3 "28.1947
1918
Bnr&MoRiv ex 68
.1918
Non-exempt Gs
1910
Sinking fund 4s
1917
Butte & Boston 1st Cs
Cedar Bap & Mo K 1st 78.1916
1909
2d 7s
Cent Vermt 1st g48..Mayl920
Chic Burl <fe Q extend 48.1906
1919
Iowa Div IstSs
1919
lowaDiv 1st 48
1913
Debenture 5s
1922
Denver Exten 48
1927
Nebraska Exten 4s
B&SWsf
1921
4s
1949
lUinois Div 3 >2S
Joint bonds See Gt Northern
Chic Jc Ry & Stk Yds 5s .1915
CoU trust refunding g 481940
Oh
& St P Dub D 68. . 1920
& St P Wis div 681920
Ch
MU
M
99%
.
A-O
Nov
M-S
M-S
102 Hi 103
F-A
M-N
FA
J-J
J-J
J-J
A-O
M-N
Note— Buyer pays accrued
110
Feb '04
117k Feb '03
Sale
80
80 k
100 Apr '04
107 Jan '04
80
?:^
A-O
A-O
M-N
113
102
99
123
J-D
117
112
101
9b34
128
128
78
81
99>2l00
IOOI4 Feb'04
105 J'ne'04
100 J'ne'u4
106>4 Dec '02
98Hi Mar'04
9338 J'Iy'04
io6>i iboi4
107 14 IO714
97 '2
97^2
125>2J'Iy'04
123 >2 Apr '04
102
102
107i2J'ly'04
10914 Mar'02,
112i4Jan'0:f
101 Apr'04
105%107i4
F-A
M-N
MS
J-J
107
97',
I2512
1251a
102
J-D
J-D
A-O
103
10734
AC
A-O
MS
96
104 105
99 14 100
98 Hz
9534 J'ly'04
1061a IO6I2
104
104
102 12 Apr '04
108
104
Sale
137>2
9638
9638
Hi
123 Hj 1241.2
100 102
105 Hz 10734
100 Hj 101 Hi
95
97
104
104=8
102Hj103
137
137
137H2
90
9818
9038
967o
9612
96i.i
96^4
12434 125
IO5H2IO9
llli4May'02
137i2May'04
137 Feb'04
-i-il\
98H!
96 Hi
137
interest In addition to the purchase price for
Repub VaUey
97
99
i
10918
109 J'ly '04
121 Hi 122
95 Hj
90H2
85
85
104 Hj 10334
J-J
J-J
107
101
'
62
118
143. J'ly'04
J-J
J-J
76 J'ue'Oi!
104 Mar' 02
95
95
102 Jan '04
102 Apr'04
103 Apr'04
10618 Mar' 03
6^8
FA
94
95
A-O
A-O
A-O
A-O
103
105
102
92
103
107
93
102
102
97Hi
H2
102
102
10218 104 V«
Mar'02
Apr'04
103
85
88
103
10118 102 Hj
101 lOlsif,
104 14 104^
lOlHjlOlia
120 Hj 121
92
100
92
IDS'*
Feb '03
10258 Apr'04
10134 J'ly '04
10058 103
94 1013«
103 J'ly'04
72 14 May'04
102 J'ly'04
105 Is May'04
108
100 Hj 113
10234
FA
7138 721*
102 10234
I05i«105i«
Apr '03
102 H, J'ly '04
J-J
J-J
J-J
102
Sale
latest bid
;
7i«
6^8
Oct '02
M-N
price Friday
May'04
lOlSg
10138
101
J'ly'04
IO414 J'ne'04
101 Hi J'ne'04
121 J'ly'04
F-A
J-D
F-A
6s. ..1919
Gold4H2S
1916
Gold debenture 4s
Gold 4s
1917
Western Teleph & Tel 5s. 1932
Wisconsin Cent 1st gen 4sl949
Wisconsin Valley 1st 7s.. 1909
70Hi
I6I4
13
10136 Sale
10134
J-J
J.J
118
58>8
62'-2
Hj
1081,
10134
120 14 122
Maj'04
118
951a
851a
104
101
J'ly
J'ly
F-A
1914 M-S
No
'4
100
110
122
97
108
117
92
81
103
107
I2OI4 Apr'04
102 J'ne'03
62 H2 Sale
97
99
128i»
128
10334
May'()4
J'ly'04
A-O
A-O
A-O
J-J
MigK
96
9334
J-D
M-N 122
M-S
95
M-S
85
A-O 103
West End Street Ry 4s .... 1 9 1
"
Lo\i)
99
12818 J'ne04
97H2 J'ly'04
MS
aU Boston Bonds.
Hidh
J'ly '04
127H3.
J-J
Rutland 1st con gen 4H2S.1941 J-J
Rutland-Canadian I8t4sl949 J-J
Savannah Elec Istcons 58.1 952 J-J
1930 FA
Seattle Elec 1st g 58
1918 M-S
Torrington 1st g 58
Union Pac RR <fe 1 gr g 4s. 1947 J-J
1911 M-N
1st lienconv 4s
United Fruit conv gen 58.1911
US Steel Corp 10-60 yr 5s. 1963 M-N
1st s
Since
January I
A-O
A-O
Y&N
98 H2
9018 9334
97
J-J
A-O
M
CM
110
117
112Hj Jan '03
112 « Apr '04
101 Apr '04
9934 J'Iy'04
100 J'ne'Ol
112'a.
95 ig
87
Ask Low
Bid
deben 58
1910
Non-conveit deben 58. ..1913
la Falls <fe Sioux C 1st 78. .1917
Kan C Clin <fe Spr 1st 58. ..1925
Kan C Ft S & Gulf Ist 78. .1908
6s
1928
Kan C Ft Scott &
1934
& B gen 4s
Kan
1934
Assented income 58
Kan C <fe M By <fe Br Ist 581929
KanCStJo&C B Ist 78.. 1907
L R& Ft Sm Id grist 78. ..1905
Maine Cent cons Ist 78. ..1912
1912
Cons l8t48
Mara Hough <feOnt 1st 6s. 1925
Mexican Central cons 48. .1911
Jan 1939
Istcons inc38
Jan 1939
2d cons Inc 3s
Mich Telep cons 58 tr rec.1929
Minne Gen Elec con g 58 1929
New Eng Cot Yam 58 1929
1900
New Eng Teleph 68
1907
68
1908
6s
1915
58
1905
Englet78
N
1905
Ist 6s
1924
Old Colony gold 48
Oreg Ry & Nav con g 4s.. 1946
1922
Oreg Sh Line Ist g 6s
Illinois Steel
9934
97
9758 10134
110 Feb '04
104 "a Apr '00
117 Feb '04
99 7g Jan '02
101 Mar'03
J-J
1921 Q-J
BeKi8tered48
9734
8SI4
10134
951*
95
J-1)
M-S
M-S
M-S
FremtEUj;<feMoVlst6s..l933 A-O
Unstamped 1st 68
1933 A-O
Gt Nor C B & Q coU tr 4s 1921 J-J
Bg
101
94'2
A-O
Rap&W
97
Mange
Kange or
Last Sale
July i9
Low High
9^34
llSHaFeb'O?
J-J
Chic <fcW Mich gen 5s. ...1921
Concord & Mont cons 4s.. 1920
Conn& PassE 1st g 48. ..1943
1927
Current River 1st 58
let 4s... 1946
DetGr
1913
Dominion Coal 1st 6s
1906
Eastern 1 st gold 68
1915
Fltchburg4s
1927
48
High
Week's
Price
Fi-iday
BOSTON STOCK EXCH'GE
Week Ending July 29
Since
January 1
99 >2
Sale
493
BONDS
Mange
or
96»8
9934
97
J-J
J-J
53.1931 M-N
V
Chic&NoMichlstgu
Range
Ask Low
Rid
J-J
Am Bell Telephone 4« 4s. 1908 J-J
1929
Am Telep & T.31 coU tr78. .1908 MS
Nebraska let
Atch
9
5
lOlHj 102'>i
87^4 J'ly '01
11258 Apr'04
and asked.
10134 102
Hj
98HJIO2I4
13
U258 112
\ Trust Co.
ctts.
PhiladelpMa and Baltimore Stock Exchanges—Stock Record, Daily, Weekly, Yearly
Share Prices—Not Per Centum Prices
Mondau
76
76
i
July 25
Saturday
July 23
\
Tuesday
July '/6
7634
7634
83
84
8
7534
3334
8^8
9
77
84
IGHj
•8«8
*15'8
838
878
I6I4
8^4
84;
4714
2058
47 14
20's
205j,
4
4
8
'6
76^8
76^8
*76H2
84
84
9I4
8
47 Hj 47 Hi
2058
9ie
16Hi
9>4
ACTIVE STOCKS
Thursday
July 28
Wednesday
July 27
8
16^8
91.
100
50
100
100
Electric. 50
8JI4 Nortliern Central
9'8 seaboard Air Line
17 14
Do prel
914
17
734
8
Shares
Baltimore
Consolidated Gas
76
76
83
77
84
918
1658
7'8
8 '8 United
Ry &
Range tor Previous
year(19U3)
Week
Stocks sec below)
July 29
Mange Jor Year
1904
Sales
the
ol
(For Bonds and Inactin
inday
Highest
Lowest
519 57 Hi Jan 5 77
76 71 J'ne 2 92
868
7
J'ue21 1034
40U 1334 J'ne21 2134
1,350
534 J'ne
J'ly 26
Apr 12
Jan 2
Jan 2
83s Jan 26
1
Highest
Lowest
58 Hi Dec 72H2Jan
84 Hj Oct 118 Jan
1034
Dec
28^4
20
8
Oct
Oct
45
I4I4
Jan
Jan
Jan
Philadelphia
25
6
47
*47
2018
2OI4
4
4
3 ''a
3 'g
«1934
3 '8
8
8^8
6
8'b 8IS1,
878
6
254
47 Hj American Railways.... 50
1934 Cambria Steel
50
,664
,150
3'e Consol Lake Superiort.lOO
10
8
100
Do pref.t
9
Electric Co of America 10
,220
6
113
Gen Asphalt interim ctfs..
25
25
Do pret interim ctfs..
80 Leliigh Coal & Nav .... 50
340
37-<, Lelugh Valley
397
50
MursdenCo
100
9i9
60 Pennsylvania RR
,19!)
50
39
Philadelp'a Co (Pittsb) 50
,762
Philadelphia Electric. 25
,176
13
100
Pliila Rapid Transit ... 50
60 56 ,210
2(i5i„ Heading
41-14
Do 1st pref
165
50
296
34 Hi
Do 2d pref
50
54
Union Tracton
385
50
86 United Gas Impt
,281
50
23
Welsbuch Co
100
-SHj
25
79Hj 80H;
37H2 38
358 31 lie
609ibG013,8
;3934
79Hj 80
3734
3=8
d06i8
39
393,
42
42
35Hj 3 5 Hi
54>g 54 'e
86Hj 86Hj
3734
*79Hj
37Hj
5-'34
-"^t
39
6^4
13
26 Hj 27
1314
V 20l5i8
54 14
6038
3934
6616
I314
Hi
60
59tii„
39
39'*
6 '8
13Hi
*38^8
6l8
13
*13
*41
41
H.
*33i-2
34 Hj
3334
34 Hj
5414
5334
8534
54
86
Coal
54
85
*19
(Pitts) pref..
Phil German & Norri8.50
Phila Traction
50
75.
Sus(|ueli Iron
Steel. .5
Tidew liter Steel
10
Preferred
10
United
J
C. 100
RK &
Unit Pow & Trans
United Trnc Pitts
50
47
5156
48
Steel. 10
Sea.Sli.60
<fc
Westmoreliind Coal
.
.
1
.50
A-O 118
1911. J-D
Atl City 1st 6s g '19. M-N
Balls Ter Ist 5s 1926. J-D
Choc &
Ch
Me Ist 6s 1949 J-J
Ok&G gen 5s '19
J-J
1st con 68 1932
Trac of J 1st 58. '33
Ist
5s 1920 M.N
Col St
Con
Ry
N
M
E&A
& Peo Tr stk tr ctfs
Elm & Wil Ist 68 'lO.J-J
Eq II Gas-L Ist g 58 1928
H B Top con 5s '25 A-O
Elec
<fe
I8H2
19
10
Indianapolis Ry 48.1933
Interstate Bys—
3-3 4-48 1943
F-A
Nav
Lehigh
97
RRs
Hi
GenM
QJ
1914. Q-F
Leh VC
Leh V
6-' Hi
118'-;
101 14
11058 lll=t
9:iH 93
101
2H
109Hj
45
152
45Hj
153Hj
lOOH
10334
107
106
84Hj
1.
98
98 '8
85
267
1073^
llOHj 110\
121
92
102
MN
is
W& B col tr 4s '21. J-J
May 13
8
5
J'ly 15
J'ly 20
13Hj Keb 8
38HjFeb
Hj
Feb
25
62Hj Jan 14
33 '4 FebJO
Mar
38
28
J'nelS
81
22
J'ly 13
3iiieJ'lyl2
5414 J'lylT
8934 Jan 2 J
22
cx-divldeua.
Ch Ist 7... 1907 J-J
L RR4sl952M-S
Hi
Atl Coast L(Ct)ctfs6s J-D
Ctfs of indeht 4s
J-J
i'l'ii.^
1|
Heliinding3HiH 1952JJ
Halt& Plst (Ssnil'll A-O
Bait Trac lHt5s..'29 M-N
Nil Halt Div 5s 1942 J-D
Convertible 5s. '06
Ceiil'l Kyc(in5.sl932
M-N
M-N
Lxtit Imp 5.S.1932 .MS
Ohas City Uv Ist 5h '23 J-J
Ei-riglils.
1
!i!l5
paid,
t
Jan
Jan
Feb
Aug
Jan
Dec
Jan
Nov MiiieJan
Sep
4
5
734
1334
36
2734
Oct
7334
4734
9
17^8
Sep 44iii„Feb
Nov 40 '8 Jan
Oct
4734
IGHj
Feb
Jan
Aue
31
Mar
40^8 Sep
Bid
Ask
84
66
Charl C &
2d 7s
A ext 63, '09 J-J
1910 A-O
Sub 1st 6s. .'22 J-D
Georgia? 1st 6s. ..'22 J-J
GaSo & Fla Ist 5s 1945 J -J
G-B-S Brew 3-4s 1951M-S
2d income 5s 1951 M-N
NptN&O P Ist 6s'38 M-N
100 Hj 101 Hj
107 108
9378 99
116 120
94
96
106 Hi 107
II8H2
10734
110
112
113
119
101
114
12014
102 Hi
114
116
li)4
i'oV.
UJ
1-2
Knoxv Trac Isl 6s '23A.O
Lakeli El 1st gu5s'42M-S
Met St (Wash) 1 st5a'25F A
Mt Ver Cot Duck Ist 58.
Incomes
117
'4
J'ly
7934 Feb
Nov 45 ^8 J an
55\ Nov
36
76
20
Jan
Jan
Deo
Alia
i-j
Consol Gas 6s.. .1910 J-D
58
1939 J-D
Ga<fc Alalst con 5s'45J-J
Ga Car <fe N 1 st 6s g '29 J-J
97 Hj 98
115 116
57
58
Hi
1
4034
I014
11
Nov 36
19
64
34
City&Sub(Wa8)l8t6s'48
125 126
102 Hi
117
107
Nov 9»ioJan
SgDcc
0Ct
10 Dec
71i8
Chas Ry G & El 58 '99 M-S
City cfc
Bonds
Atl<fe
J'nelS
Dec 52 Hj Jan
Nov 26'4 Jaa
Is
Col&Grnv 1st 68.1916 J-J
100
Anaco8tia& Pot 58
1
4034
17-4
BALTIMORE
Hj
66
67
116
103 Hi
127 128
150
116
42
Marl 4
Jan 2
Mayl6
45*4
1011. 101
llOHj
ti
81HjJ'ue21
39i4May 6
2^8 Mar 3 4I16 Jan 25
5578 Mar 12 61 Hj Jan 27
37-'"'8Mayl7 43
Jan 22
5 May2') 6»ieJanl3
11514 J:in 21
8 Jan
19HjMarl4 2738J'ly21
240 .'60
92 Hi 100
& Fla...lOO
45
Ist pref
95
97
100
2d pref
60
65
100
6I4
634
Brewing
100
Mt Vernon Cot Duck
258
3
Unit Elec L& P pref.50
34
35
Canton Co
Georgia Sou
BaltCPa8slst5s'll M-N
Bait Fundg 5r. 1916 M-N
Kxchauge 3H2s 1930 J-J
Pa <V; N Y Can 78 '06. J 1) 105 Hj
Con 5« 1939
AO 114
993.
Con 4m 1939
A-O
Penn fSleel 1st 5s '17
People's Tr trcprtB4« '4i* i'o'i'
109I. 1:0
1' Co 1 Ht.fc ci.l tr 5->'49 M -S
Lowest
Terminal 5s g 1941 .Q-F
Atlan C
104
Income 48 1939. ..M-N
91
I'enn Ist 4s '36. .M-N 110
Deben 6a 1906
M-S
Penn gen 68 r 1910. .Var 114
II
g '20. A-O
1
138
734
QBS
No
Bid and aaked prices; no sales on this day.
5
Inactive Stocks
Atlanta,* Charlotte. .100
Atlan Coast LineRR 100
Atlan Coast L (Conn) 100
112
113
Consol 68 c 1905. ..Var
Consol 58 r 1919. ..Var
Penn & Md Steel con 6»
M
4734 J'ly
21
14 1:10 23
t4H!J'lyl8
t8i4J'lylS
9i4J'ue25
BALTIItlOltE
107
102
NYPIi<fcNol8t48'39J-.I
gen
Rochester Ry con 58 1930
S R E Side 48 interim ctts
UTrac Ind gen 5s'19.J-J
U Trac Pit gen 68 '97 3-3
Welsbach s f 58 1930. J-D
H)
Ill's
J-D
&E
J'ne 3
18i8May2o
i8Mayl3
Gen M 4s g 1920.. A&O
Ph <fc Read 2d 6s '33. A.
Con M7s 1911
J-D I20I4
ConM 6sgl911....JD 112H;
Ex Imp M 4s g '47. A-O 105
Con M ol '82 4s '37.J-J 104
P
108
Annuity 68
JD l42S 143 '4
Leh V Trac Ist 48 '29. J-D
58
Nat Asphalt 58 recta.
New Con Gas 5r 1943 J-D 108
Newark Pass con os 1930
92
P
43
Ask
Bid
Phil Elec gold trust ctfs
Trust certifs 4s
108
107
M-S
2d 78 1910
Consol 68 1923
503<
3Hj
4Hjs '14.
4Hjs g.l924.Q-F
Ist 68 g '33.. J-J
ext 48 Ist 1948. J-D
60
266
4s g
PHILADELPHIA
Ask
Bid
Berg& EBrwl8t6s'21J-J 102
Bethle Steel 6s 1993. Q-F 115
Checfe D Can 1st 6s '16 J-J
5((
Warwick Iron
West Jersey <fe
78 1910
AmRysconv58
25
50
I'ref erred
26 Hi
PHILAOELPHIA
i\ Al Val E ext
10
&
'8
25
85
Ask
50
Pennsylvania Salt
50
Pennsylvania Steel.. 100
Preferred
100
RailwaVK General
'.i
*3334
*5378
Steel
Preferred
10(
60
Harrison Bros pref... 100
ludiauaiiolis St
100
InterSni Pow & Chem.oO
Keystone Telephone ..50
Preferred
50
KeystoiieWatchCase.lOO
Lit Brothers
10
Little Schuylkill
50
Minehill <fe Schuyl H..50
Nesqucliouiug
56
N Haven Iron & Steel.
North Pennsylvania.. 50
N
3
6958
54
Oermaiilowu Pass
Co
3''8
5918 59 '8
39
39
6k 6 14
*13
13 H<
259ia 26 '4
4134
41Hj
41^8
35
4134
2U6ig
Easton Con Electric. ..5(
Elec Storaife Batt
lOt
Plilla
Hi
Bonds
10
60
Bell Telephone
50
Cambria iron
50
Central Coal & Coke. 100
Preferred
100
Consol Trac Pitts
6U
Preferred
50
Danville Bessemer... II2
Diamond State Steel..
Preferred
Penu Gas
37
*79
37 Hi
64
';-;4i4
Bid
American Cement
&
37I2
7818 78 Hi
37 14 37 Hj
2534
4 34
Inactive Stocks
Iron
37H2
79
''SHj
8534
41'8
35 '4
41'e
35 14
*64
PH 11^ DELPHI A
Amer
80
3=8
60
39 Hi
'^4
0«16
>13
6''i
65i«
*i3'4 133.
261*18 27iia
'
47
2038
S^g
8^8
8^8
6
S'g
47 Hi
2OI4
8
8^8
47
20 >4 2058
4
4
"
General 5s.... 1941 M-8
Norfolk St 1st 58 '44.. J-J
North Cent 4 1-28 1925 A.O
J-J
68 1904
Series A 58 1926. ...J-J
Series
Un
B
6s 1926.... J-J
Trac 6s 1997.J J
Poto Val 1st 5s 1941. .J-J
SecAvT(l'ifIs)53'34 JD
Sav Fla (fewest 5a '34 A-O
Seaboard A I- 4s 1950 A-O
Scab & Roan 5s 1926. J -J
South Bound 1st 5a. .AO
Pitt
U E L<fc P 1 St 4 HiS'29 M-N
Un Ry A El Ist 4s '49 M-S
I
ID
Income 4s 1949
Va Mid 1st 6a 1906.. MS
series 6s 1911. ..MS
series da 1916. .M-S
4th ser 3-4.5s 192 I.MS
6th series 5s 1926. M-S
Va (State) 3s new '32..I -J
Fund debt 2 3s 1991. J-.J
West X C con On 1914 J-J
Wes Va Cit I' st Og' 1 1 J J
2(1
3(1
I
Wil
A Weld
5s..l935.J.J
115
110
113
102 Hi
114
109 Hi
1133a
104
114
103
IIOI4
11358
104 Hi
1091, 10934
121
114H. 115
53I4 53'*
24
25
101 i-i 106
116
117
62
14
62
Hi
16
105
lllHj
118
118
112 H
113Hj 117
115
113
l)9'4
116
107
yi
70
83
93
47
104
112
115
110
112
94
'4
47»4
'-J
95 14 96
113
115
11034 111
114>4 110
lloorgaulzation cortilioatcs |3 assesameut paid.
I
.I..
L..
.
.
1
.
1
THE CHRONICLE.
494
(Vol. Lxxix.
kuA ^ailt0ad |ntelligjence.
RAILROAD GROSS EARNINGS.
Inwjestmjewt
—~
~
KW.
_
The following table shows the gross earnings of every STEAii railroad from which regular weekly or monthly returns
can be obtained. The tirst two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from .luly I to and including such latest week or month.
The returns of the street railways are broiight together separately on a subsequent Doge.
Latest
BOADS
Week
or
UroM
Current
Year
Month
Ala Gt Southern 3d wk July
rexa^ 'adUo.
Ala
NO <&NoKtt8t. une
Ala<b VlokBb'g une
VJcksb 81i & P. une
Allegheny Valley May
Ann Arbor.
3d wk Jvily
AtohTop&S
180,277
90.087
98,124
Vec.
>.\i
ci
Bninsw.&Binn
All Coasi Ljue..(
Bait <b Ann S L
Balt& Ohio....
Bangor & Aroosi
Belletonte Oeut'l
BriclKt &8aco R.
ButtRocU(te c'liib
Biiflalo (feSnaq
Canadian North..
Canadian FaulUi
Cent'l or Georj(la
Cent'l ot N J ersej
Central Paeitlc.
Chattan boutU'n.
Chesap <fc Ohio...
Chlo<te Alton Ry.
Ohio
(it
Western.
ChioInd&L'v...
Chio Mllw <fe St f
Chio& North W H
Chic St P M & O.
Chlo Term Tr Ri;
ClnNO&TFac.
CI Cln Oh & St L.
Peoria <te Eaat'n
Colorado (feaouoli
Col New b & Lau.
Copper Range....
Cornwall
Cornwall ALieb..
CumberlM
Valle\
Denv. & Rio Or.
Rio Or. West.
Det
&
/
3d wkJuly
Detroit Southern
ill
DulSosh
3d
wk July
wk July
May.
Evansv & X H... Ithwk Api
F'rchlldife N'r'e'i; June
Farmv & Powhai Vlay
Erie
FtW&UeuvCili May
Georgia UR
June
Ga South & Fla.. JUUB
,
ValG A, N.. Jauuary ..
Or Trunk Systeuj Sd WkJuly
Gr Tr. Weat'u ^d wkJuly
DetGr H&IVI.. 2d WkJuly
Great Northern.. June
Montana Oeul'i June
Total system. June
Gulf&Shlplslauil id WkJuly
Hocking Valley.. 3d WkJuly
Hous & Tex Ceui Jauuary
H<StiE W.Texas January .
HouB&Sbrevep i January
Illinois Central.. June
Illinois Southern June
Gila
.
.
Indlli & Iowa... June
Int<& GtNorth'ii 3d wkJuly
Unteroc(Mex)... WkJuly
Iowa Central
3d wk July
Kanawha ii Mlcl 3it wk Juiy
Kan City South'u May
LakeErie&Westu
Lehigh Val RK.
Lexiug <V.Ea8t'n
Long Islana ...
Louisiana <& Arh
Current
Year
157,270
I
une
May
May
May
May
Loutsv tleu(&&t L March
Loulsv <Ji .Nttsliv 3d wkJuly
Macon & Blrm.. June ..
Mau'tee&Gr. <.» May....
Date
Latest Uross Eartungs
BOADS
Frevioxtt
Week
Year
or
157,318
183.047 2.416.966 2.289.577
96,930 1.285.092 1,150.546
88,974 1.42.6,750 1.268.520
I71C. 247,866
54,240
106,756
33,063
107,682
5,215,138 63.053.732 57,862.791
243,040 3,251.025
,915,530
721,022
61,266
703,559
Year
113,252
,449,633
,639.010
67,038
44.285
485,967
920,936
173,900
,590,000
480,900
.344,188
,847,305
6,454
,186,551
,323,135
frevloui
Year
Mexican Cent'l. AprU
Mexican litem. May. ....
{Mexican Ry
WkJuly 9
{Mexican South'
stwk July
MUlen & So'w'u. June
Mineral Range.. 3d wkJuly
Mlnneap A Hth. 3d WkJuly
MBtPA 8 StM. 3d WkJuly
t
i
Texai- 3ii wkJuly
Mo Kan
MoPac&IronMi 3d WkJuly
Central BranoL 3d
3d
Total
WkJuly
WkJuly
Mob Jack & K C. WkJuly
Mobile*
Ohio... 3d
NashChA
16
WkJuly
HtL.. 3d wkJuly
JNaflRRof Mex 3d wkJuly
Nev-Oal-Oregon June
Nevada Central.. May
N Y C & Hud Rlv June
N Y Ont <te West. May
N Y Susq & West May
Norfolk
West'i) May
<fe
Northern Centra) May
North'n Pacltlc June
Nor Shore lOal).. February..
1
to
Latest t>at4
OurretU
year
Previous
Year
f
$
& No Eas: May
Manistique
une
Maryl'd & Penn.
uue
Hants
<te
,377.043
lu.v
*
Otirren*
Montk
$
$
52,329
—
S
Atl..
to Latest
I
iviackinac. June.,
<5i
1
33,532
5,338,4^3
274,170
00,000
55,419
19,410
ApiU ....
1,822,735 1,720,109 18,780.785
May
15.204
13.417
154,148
May
5,381,898 5.837.436 05.071,081
June
150,332 155.390 1,»58.991
May
4,653
66.401
6,199
une
5,050
3,156
42,341
May
422.792
3d wk July 164,380 161.989
84.332
881.737
83.194
May
67,700
60,200
195.600
3d wk July
3d wk July 959,000 854.000 2,948.000
513,690
3d wk July 174,890 165.800
1.924.915 1.839,276 19.795.0bO
May
January .. 1,460.659 1.349,578 13.775.430
2,965
1,966
7,618
3d wk July
1.617,942 1,502,160 17,559.808
May
842,92K 837,703 10,469,685
May
343,478
3d wk July 112,622 137.907
306,099
3d wk July 100,087 107,067
44,464.137
3,531.435 3,702,382
May
4,380,557 4.796.729 53,334,632
June
851,696 996,086 11,438,287
June.
84,138
28,459
31,730
3d wk July
364,942
3d wk July 131.332 135,240
1,775,884 1,806,680 19.031,211
viay
250,12U 273.974 2.785,120
Hay
...
362,272
3d wk July 126,312 143,197
14.266
1A,683
210,303
May
466,453
44.979
39,204
May
6,612
68,422
May
9,394
21.121
26,296
222,828
May
149,750 125,193 1,291,195
January...
Fe. .May
& char. May
No une
Atl Knoxv
Atlantic & Bir.
April
Atlanta
fYeviout
Year
9
55,443
NO*
July
i^at^ings
29.551
379,342
321,153
35,597
76.262
82.983
8.115
7,337
306,795
296.2»7
23,376
23,794
2,347,081 2.213, 447 17 250,O<.l2 15.158.42J*
557,364 599.723 6,300,419 6,d98,56»
124.bO0
il3.70U
94,500
87.700
23,737
25.390 1,103,775 1,010.457
00,198
46.79t»
5.294
3,212
35,469
32.40B
12,452
11,059
103.i*4«
51.612
162,61t>
53,732
415.0o6
400.097
140,06b 133,242
837,089
307,875 295,842
838,379
690.000 75l,00u 1,876.000 2,003,000
68,00O
63.000
23,000
24,000
714.000 774,000 1,939,000 2,071,000
13,27«
8.627
17,944
6,244
372,120
353,498
130,112 128,751
533,280
517.087
188,913 183,958
677,38tf
589,929
204,082 218,626
195.64:£
194,010
19.964
16,963
36,523
27.517
3,228
1.859
6370052 6,724,770 77,500,900 77.605,777
570.497 621,952 6,010,110 5,533,813
249.674 283,447 2,398,2a0 2.377,9SO
20,825.079 19.192,117
2,013,603 l,902,55&f20;
901,865 861.165 9,255,740 6.531,74«
4,041,842 4,245,950 47,456,926 47.258,349
345,070
389.649
30,321
33,284
177.208
191,301
18.405
17,393
522.226 467.804 5,310,993 5.028.154
"
May
May
,611,815 ePenn—EastPAE May
1010013^ 10624538 109389235 108570835
Inc. 1.17 9,700
1,639,140
Uec. 53 9.10O
eWestPA E.... May
630,019
660.194
,099.339 Pere Marquette w 3d wkJuly 218.632 204,947
95,191 PhilaBalt&W'sh May
1,235,558 l,23L,253 12,392,232 11.993,232
385,867 Phila & Erie
652,461
673,214 6,929.481 6,332,883
May
,351,749 PiCtsb C C & St
2,020,949 2,139,50z 24,337,136 23,601,180
June.
50,142
660.827 Raleigh & O Fear June
3,940
410.003 Ohio Rlv& West..
313.043 Pacilio Coast Co.
,
1
;.
400.439
179.583
353.249
85,375
228.553
842,194
981,200
953,707
59,059
169,017
41,430.484
869,400
294,800 346,300
82,520
981,313
86,960
30,721
43,123
22.875
59,748
56,3»1
159,065
3,869,030 4.264,190 41,108.530
44,936
47,139 1,485,129 1,445.527
2,744
36,010
3,027
39.750
7,204
9,298
76,735
69,884
152,566 180,766 2,321,564 2,273.997
158.627 164.858 2,418,283 2,308,299
127.297 140,468 1,086.690 1,635.191
30,920
235,533
29,078
179.385
671,816 729,216 2,066,339 2,166,074
81,256
.99,427
179,282
217,274
20,682
64.670
30.162
46,791
2,933,517 3.376,188 38.643.428 39.507.322
186.826 171,459 2,318,769 2,111,779
3.120,343 3,547,64.7 40,962,197 41,679,101
33.066
30,123
65,030
69,116
404,621
139.418 153.297
437,990
418,280 460.339 3,461,608 3,358,251
81.363
519,274
69,903
555,001
19.041
16.514
124,142
144.551
3,827,207 4,087,561 46,634,117 45,186,077
12,754
25.161
254,066
148,823
* 130.001
128,828 1,576,489 1,716,716
83.405
93.808
246,758
255.797
93,540
104,500
104.500
93.540
43.700
44.051
136.247
129,473
28.056
31.427
89.361
82,240
537,852 505.068 5.985.446 5.621.067
413,095 466,026 5.086.729 4,908,317
2,514.006 2.624,098 27,086,112 23,953.356
55.740
43,884
560,892
510,016
Dec 7,877
Inc. 296 227
56,583
643,876
70,073
476.379
672,340
608.436
661,645 695.660 1,901,225 2,042,343
10.13^
8,585
131.005
148,836
10.579
81,583
9.682
129,139
2,956.970 3,295,110 31.900.073 29,104. 891
3,347,691 2,952.838 32,225,018 20,098, 906
6,304,661 0,247.948 64,125,091 49,203, 797
Total Both Cos May
1,192 248
187.552 153,600 1,304.30
Rich Fr'ksb & P May
533 719
539,302
46.346
51,545
Rio Grande Jet.. -May.
32. 750
26,985
10,040
9,440
3d wkJuly
Rio Grande So.
3,025.225 3.190.735 41.575.876 41,473, 541
May
Rooklsl'dCo...
103,052
98,147 1.219.020 1,285, 295
May
St Jos&Grl...
2,642,320 2,595.818 32,874,707 29.39;.!. 290
Stli&San Frano May
369, 102
428,178
3d wkJuly 146.401 127,136
St L Southwest
265.943 198,170 2,567,480 2.393, 300
StLVan<feTH. June
1.357,000 1,299, 279
125,704 120,59
San Fran <bN P. June
485 992
479,27a
Seaboard Air L. 2d wk July 230,309 224,951
900, 495
103.305
95.609 1,290.045
Southern Ind . June
7,608,720 7,459,844 85,905.497 80,552, 32d
SoPacifloCo6.. May
Central Pacific. January... 1,460,659 1,349,57» 13,775,430 12.847, 305
Gal Har & S A. January... 580,584 593.810 4,221,191 4,014, 019
696, 201
807.199
99,724
77,220
Gal HousA No January...
106 023
90.570
10,300
12,547
GulfWT&P.. January...
161,517 161,821 1,144.280 1,168, 165
Louis'a West... Jauuary...
Morgan's L A T January .. 417,904 473.036 2,990.794 3,013, 301
288, 263.
292.660
30.084
36.045
N Y T & Mex January ..
Oregon & Calil. Jauuary... 312,659 283.974 2,570.550 2,344, 219
565, 161
081,749
70,159
65,523
So Pac Coast.... January. ..
So Pao RRCo.. January .. 2,619,233 2,503,802 19.058,844 17,932 714
3,405,692
SoPaoS8.Lluea Jauuary... 453,189
302.477 287,550 2,253.290 1,917.719
Tex&NOrl
January...
Southern RaUw'y 3d WkJuly 850.943 836,905 2,490.597 2.399.S01
170.934 172,696 2,080,932 1,906,438
TerreH & Ind ... June
607,020
620,»16
51.337
62,768
Terre H & Peor.. J une
13,988
15,460
7.460
2d wkJuly
8,530
Texas Central
507,521
•481,243
3d WkJuly 164,103 174,271
Texas & Pacihc.
149,500
153,0S..'^
10,000
June ...,,
9.000
Tex S V & N W
219,965
235, .)5(
70,253
78,»45
Tol & Ohio Cent 3d wkJuly
74.950
07.01i
24,298
23,949
TolPA West .... 3d WkJuly
152,240
177,8311
57.439
3d wkJuly
56,077
TolStLA
513,170
035,014
17.099
15,060
Tor Ham & Butt 4thwkJ'ne
4,551.769 4,069,449j50,,061.802 45,715.40a
Un Pac System May
556.726
657.35
58,321
46,250
Virginia So W'n May
3d wk July 469.926 403,718 1.395.214 1.323.252
Wabash
342,850 325.050 3,904.534 3,660.034
Jersey <fc Sea'e May
209.569
2'z0.8l-4
94.997
3d wkJuly
72,711
Wheel <&
166.235
153.098
13.013
14.92
._.
W'm'sport&N.Br. May
412.195
389.34t
Wisconsin Cent. 3d wkJuly 128.700 142.451
164.053
102.27 V
10.968
9.596
Wrlghtsv <fc T'n.. .day
7.330.085
587,171 560,780 7,890,73
Yazoo & Miss. V. June
Reading Railway
May
Coal& IrOo... May
.
.
.
.
W
.
&
W
LE
—
VARIOUS FISCAL VEAKS.
ROADS
Otoss
Allegheny Valley
Atlanta & Chart Air Line.
Aamtngs
Jan. 1 to
Mar.
1 to
May
Mav
31
31
Atlantic & Birmingham a Deo. 1 to Apr. 30
Belletonte Central
Jan. 1 to June 30
Chicago & J«orth West.H... June 1 to June 30
Cldc Bt P Minn & Omaha. Jan. 1 to June 30
Cumberland Valley
Jan. 1 to Jan. 31
International & Gt North'n Jan. 1 to July 21
Lake Erie & Western
Jan. 1 to June 30
Manistee & North Eastern Jan. 1 to May 31
Manistique
Jan 1 to June 30
Maryland & Pennsylvania Mar. 1 to June 30
Missouri Pacific
Jan. 1 to July 21
Central Branch
Jan. 1 to July 21
TotaL
.Jan. 1 to July 21
JMexioan Central
Jan. 1 to Apr. 30
1
Mexican International
...
Jan. 1 to
May
BOADS
Current Year I^evioua Year
31
«
Deerecue.
876,622
288,127
29,455
4,380,557
4,980,036
149.750
2,628,656
2,325,228
182.0.59
35.962
100.002
21,459.906
808.000
22,327,906
9,044.418
2,989,147
^130,417
808,399
{Mexican Railway
{Mexican Southern
{National
37,126
4,796,729
5,597,018
125,193
2,807,756
2,447.744
159.793
29.080
102,020
21,526,164
009.000
22.195.104
8,327,285
3,100,117
RR of
Jan. 1 to July
Jan. 1 to July
Mexico...
Northern Central
North Shore
ePennsy., East of P & E.
eWestof
tc
Pere Marquette
Phila Baltmiore AWash..
.
P&E
Philadelphia & Erie
Pitts Cin Ohio & St Louis.
Rio Grande J unction
St L Vandalia & Terre
Terre Haute & ludianap ..
Terre Haute & Peoria
H
Texas
<fc
.
Pacitlo
West Jersey
Current Year Previous Year
Grots Earnings
& Seashore.
.
Jan
Jan
1
1
Mar. 1
Jan. 1
Jan
Jan
9
7
to July 21
to May 31
to Feb. 29
to May 31
1 to
May
3
July 21
May 31
May 31
$3,038,900
633,142
6,444.720
3,9»5,092
032.652
46.918.117
liecreast,
June 30
5,992.757
5.300,294
2,750.298
11.618.160
May 31
Nov. 1 to June 30
1,717.602
1 to
1 to
1 to
Jan. 1 to
Dec. 1 to
.Fan-
Jan
.Vov. 1 to Jtine
30
Nov. 1 to Jiuie 30
Ian 1 to July 21
Jan
1 to
May 31
:i02.011
l,32(i.7l9
400,613
5,912.144,
1,30s ,828
$2,739,500
547.122
6,301,504
4,167.492
53r^.435
49,327,417
SOO.500
5.921,047
5.447.794
2.928,110
11,880,844
269.085
1.002.588
1,207.379
402.548
6.092.044
1.343,928
t Results
on Monterey
Mexican Gulf are Included for both periods.
{Mexican currency.
U Includes trans-Missourl line*
since Feb. 16, 1903.
6 Includes the Hous. di Tex. Cent, and its subsid. lines In both years and for botu periods,
e Covers lines directly operated,
g Includes the Chicago & Eastern Illinois in both years.
( Including 8av. Flor. <& West, and also Florida Southern aud Saufura
A 8t. Petersburg Rys. in both years.
w Includes Lake Erie & Det Riv. Ry. from Jan. 1 both years.
a These figures are for the consolidated company, including TLtton Thosv.
Gulf and Xlf ton A Northeastern. ^Approximate flgtires.
&
—
.
.
.
July
(i^ross Earnlngrs bj Weeks.— In the table which
we ^um up separately tfae earnings for the third
follows
The table covers 43 roads and shows
week of Jnly.
1*69 per oett decrease in the aggregate from the same week
last year.
1903.
1904.
3d week of July
$
& Pittsb'sr
Canadian N orthem ......
CMmadlas PaolUo..^ ....
Central or Georffia
OhattanooKa Southern.
.
Cauo. Great Western
Ohio. iDd'plls & Loulflv..
Ohioago Term. Transfer
Oln. N. O. <fe Texas Pao.
Colorado & Southern *
Denver & Klo Grande
Dnlntb So. Shore A A.t..
-
Qrand Trunk of Can... }
Grand Trunk West >
Inereate.
S
52.379
33,063
55.443
33,532
164.380
67.700
959.00O
174.990
2.965
112.622
100.087
2S.549
131,332
120.312
294.800
56,381
6t. Southern..
Buffalo Booh.
161.989
60.200
854.0OO
165,R00
1.966
137.907
107,067
31.730
135.246
143,l<n
346,300
69.748
Deerea$e.
9
Taibta fAntiFftl
._-*.••>>
& Mioblgan...
LonlBTllle & RashvUIe..
Mineral Ranee
Minn. «• 8t. Louis
Minn. St. P. & 8. ate. M..
Mo. Kansas & Texas
MO. Pacific & Iron Mt. . .
Central Branch
Hob. Jackson & K. OltyH
Mobile & Ohio.
Nashv. Chat. & St. ixtols.
National RR. of Mexico.
—
Pere Maraneuet
no Grande Southers. ..
St. IiOD IB Southwestern
iBoathem Railway
....
Texas & Pacific
Toledo <b Ohio Central..
Peoria A West'n..
Toledo
Toledo St. L. dc West
—
.
Wabash
•
25,385
6.980
3. 81
3.914
16.885
61.600
3,367
153,297
93.808
43,700
28.056
695,660
11.059
51.612
133.242
295,842
751.000
23,000
6,244
128,751
183.958
218,626
204,947
13.879
10,403
Total (43roadB)
Net decrease
(1
o.)
84.015
i,39S
2,120
6,826
12,033
-•••.>>•
>•«>
8.053,266
••>
61,000
••• .*.
i.obo
2.383
1,361
13,944
13,68*5
....
--.
Mexican Railway
Seaboard Air Line
Total (48 roads)
Ret decrease (0-63
H Figures ate lor
7.721.411
30.123
1194.600
230,309
7,782,248
33.066
8.076,343
Previously rep'd (46r'd8
Gulf A Ship Island
359.467
13».9i6
223,552
<te
l>t9troU
9
312,152
224,951
8,127,965
S24,31C
year.
Net Earnings.
rrrvious
Current
Year.
Year
.
$
50,264
243,040
69.681
AU'ta&Ohar.A.L.aMay
274,176
975,118
July Ito May 31.... 3.251.025 2,915.530 1,101,280
Canadian Pacific* June 4,418.865 4.152.610 1,449.911 1,24«,055
Joly 1 to Juneau .. 46,469,132 43,967,371 14,213,105 15.836,845
19,069
86.960
21,887
82,520
Detroit A Maok'o.aJune
307,778
981,313
953,707
Jnly 1 to June 3u
def.498
FalrohlldA N. East June
3,027
2,744
39,760
36,010
Jnly 1 to June 3u ..
June
164,858
17.743
Georgia RR.a..
168,627
658,169
Jnly 1 to June 30.... 2.418,283 2,308,299
653,730
166,487
Hooking Valley .a. June
481,852
5,725,488 6,049,698 1,872,863
July 1 to June bO
147.440
26,850
Kanawha AMI Ob. a June
139,391
248,417
Jnly 1 to June3u
1,657,666 1,281,322
L.
285.5101
1.282
12 408
6,640
683,076
279,919
2.211,172
28,994
132,019
Cham plain & Morlahb—
Apr.
July
1
1
—
Collieries
to June 30....
to June 30
Fooahontas
Company
May
San Fr.
<St
7,812
21.852
83,975 deM5,095
May
31 ....
Blo Grande Junot.. May
Dec. 1 to May 31
Jan. 1 to
31,434
119,017
M Pac.a June
.
Jnly 1 to June 30 ...
Toledo A O. Cent. a. June
July 1 to June3u....
Wheel. AL. Erie. b June
Jnly 1 to June )0
WrlghtBv.ATenn.bMay
61.545
46,346
262,611
269,085
126.591
125,704
1.357 666 1,299,279
346,031
363,915
8,598.684 3,438,872
361.844
423,443
4.325.283 4,234,771
xl0.9e8
X9,596
X 162,270 Xl64,053
May
oompany
def. 9,309
def 8,642
19,382
115,101
f 15,464
f 13.904
f80,726
f 78,783
31.446
38,516
309,045
271.356
116,813
117.049
778.921
796.463
94.015
77.384
1.049.983 1,001,711
782
1,686
62,212
44,807
Jnly 1 to May tfi
a Mat earnings here given are after deducting taxes.
b eiearninga taereglven are before dedaeunKtaxei.
*6,490 *def.9,967
757
2.839 *df.l8,009 *df.ll,181
1,371
8,453
dl4.596
Jan. 1 to May 3l....
ttloGi-ande Junot.. May
Dec 1 to May 31
cl72,473
8,333
imn Fran ANo Pao.June
July 1 to June 30
Toledo A Ohio Cen .June
Jnly 1 to June 3o....
4,786
42,628
6,671
31.283
16,669
1,442
*93.711
*431,300
7.708
46.250
21,591
271,016
49 962
493.984
47,500
21,847
269,913
42,404
474,566
After allowing for other Income received.
a Charges here inclnde road- rental (paid by
7.756
34,475
9,865
38,029
'73.266
*3l7,88l
*
lessees)
and other
d Charges include sinking fnnd and preferred dividend.
ITREKT BAILWAT8 AND TRACTION COMPANIES,
Latest Qross
Gross
Mamingt
Week or Mo OuVnt
rear.
EABNQlOa.
to Laust Date
Our rem Previotu
Jan. 1
Prev'u»
Tear.
Tear.
A.lban7
9
Hav
A Traction... May
A Light
(Muscatine, Iowa)..
469,140
110,085
•
Jane
i^hicaKO A MU. Elec. June
Chic A Oak Park...c June
cm. Danon A Tol.Tr. May
Oln. Newp. A Coving.
Light
M
93,843
604,872
.
June
Boston A Worcester.. May
BurUngt'n(Vt.)Trac June
Cal. Gas A Electric.
Cent. Penn. Tract....
237,036
93.720
3^4.841
186,825
107,061 100,891
A Hudson ... May
Blnghamton Ry
Tear.
9
3
32.^28 22.299
97.616
ISl.SO-- 118.738
664.774
41,778
137,20^
24,665 23,875
113,b03
37,700 -.
7,«'6(
6 840
35,479
329.077 222.-36 1,631,27^
48,«23 45,476 216,372
40,838 22,483 168.250
61,830 63,243 389.290
44.463 46.174
176.036
Aaaerican R'ys. Oo.y. June
Aar. Eljrln A Chlo. Ry May
500,621
33,869
Oltizens' Ry.
Bast St. Louis
Net EamingB Monthly to Latest Dates.—The table follow ^ng shows the gross and net earnings of Steam railroads
reported this week, A full detailed statement, inolndlng al]
roads from which monthly returns can be obtained, is givei
onoe a month in these columns, and the latest statement of
this kind will be found in the CHBomOLS of July 28.
1904. Ths next will appear in the issue of Aug. 20, 1904.
Tear.
18,364
198,484
Pocahontas Coll 1 e r 1 e s
375,932
51,622
week ending July 9
Roadt.
& Morlah
June 30....
01eve.A8o.W.rr.Oo..
6,358
Previous
to
9
372.989
2,943
"6,800
—
1
$
•25.384 *df.23,584
-165,759
*182,687
*224.869
*346,ee6
1,404,793 -1,804,098
*1 1,737
*5.913
*8,358 *df.59,353
.--
22.386
13,751
1187,700
Earninc/s.
Apr.
July 1 to June 30
l,3tf^
6,208
p. o.
— Gross
Current
Champlaln
3«9
For the second week of July our final statement covers
48 roads, and shows 0-83 per cent decrease in the aggregate
from the same week last year.
Decrease.
1903
Increase.
1904.
2d week of July.
S
L.
lo.ies
8,592
t Includes Lake Kcie
Inoiuaes Rio Grande Wear«rn
Rlv. RR. In both years. U Week ending Jaly 16.
21.600
248.041
July 1 to June 30....
19.26
20.038
...
9
Kanawha A Mtoh...June
Year.
$
June
a52,064
July 1 to June bO ... a624,919 a616,555
124,455
Htookln g Valley
June
163.862
July 1 to June 30 ... 1,018,971 1,093.935
1,206
*
Year.
$
a58.277
deductions.
4,955
10,64'<
128,700
7,917,851
-69 p.
ss'i
3,371
$
RR
Georgia
999
Year.
Roads.
«.« ..
-Bal.ofNel Earn'gs.—^
Current
Previous
Previous
Year.
57.400
72711
Wheeling <b Lak e Erie. .
Wlaeonsln Central. ......
interest Charges and 8vrplmS4—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, fto., with the lurpUs
above or deficit below those charges.
Current
729,216
127.136
836,905
174.371
78.845
24,298
57,439
463,718
94.997
142,451
X Includes $384
— Int., Beiitals, etc. —
2,891
7,500
105.000
9,090
139.418
83.405
44,051
31,427
661,645
12,452
63,732
140.068
307,875
690,000
24.000
8,627
130,112
188.913
204,682
218,632
9.440
146,401
856,943
164.103
70 2 S3
23.949
66.077
469.926
Kftnawhs
per cent of gross earnings.
" other income" for May this year, against $514
last year. From Jnly 1 to May 31. other income Included, amounts
to $5,483 this year, against $6,089 previous year.
r Thirty
469
Hav.A Mllw. >
Hooklne VaUey. ........
International & Gt.No..
495
8,114
671,816
. .
Det.<Jd
.
THE CHRONICLE.
30, 1904.]
Latest
Alabama
—
.
.
-
May
7,729
6,993
39567
35,666
41.132 40.642
June
204,752
196,846
22.364 19765
June
94.760
91,403
12,374 12,581
Mav
43 736
44,360
3dwk July 95.01V 104. 92y 2.365,488 2,312,106
8dwk Jaly 13,475 12,826 334.403 336,769
116,108 85,288
June
5»i,2l8
471,233
May
38.101 39,148
173.891
168,544
Cleve. Palnsv. AE...
Dart. A W'port St.Ry
Detroit United Ry..D
Ouluth Street By
A Sub.
Elgin Aurora A Sou.
Ft. Wayne & Vabash
Valley Traction ..
Havana Eleo. Ry.Co
Tune
WkJuly24
67.765 50,926
J3l,78t 128,520
258.911
{928,449
Honolulu Rapid Tr
A Land Co
June
Houghton Co. St. Ry May
Houston Elec. St. Ry April
27,71?
16.440
32.04
75.438
19.48r
Traotlon Co.. April
[ndlanap. A East. Ry. June
Internat'l Tract. Co.
Illinois
System
May
May
May
Ry May
rthlKh
Traction
163,053
72.976
32,539
116.0-^0
5A527
309.386
96.158
14,4>^2
l,544,'73'>
.348.15.''
V3
5i,199
10,488
Lehigh Val. Trac Co
Street Ry. Dep
June
Electric Light Dep Jane
51,488
46,7.'^0
April
Ry
16.11
335,691 327,1 2H
25.009 20.37d
(Buffalo)..
Jacksonville Eleo.Oo.
Kansas City Ry.A L,t.
L»Ae Shore Elec.
21,504
46.171
11.9il
9.9 1.
19.235
11,904
166.384
i64,Oo8
41,029
232.610
June
16,682
Jane
June
Gas Department... June
8.617
2.604
2.54;-
2,961
3 094
L ndonSt. Ry.(Can.)
Mad. (Wis.) Traotlon
•lot. West Side Elev..
\TU.Eleo Ry.ALt.Oo
Vlll.LtHeatATr.Oo
fl'^ntreal Street Ry.
Munole Hartford A
Ft.
Wayne
i
29.!S79
124,576
73.862
125,075
242,033
59,848
1,481,931
96.216
878.367
211,106
40,64d
203.079
88,166
298,708
81,798
321,348
76.581
132.628
78,491
75.669
48,889
42.068
167. 4U l,06.<,3^8 1,037,812
248 42 1,531.316 1,430,186
38,81>19.5.5111 179,657
209,37 1,176,487,1.040.295
11727
June
June
June
June
June
June
June
•..exlngton
116.000
231.987
{801.089
26 9«
16.224
9.0.0
14'^,S60
80,295
>lu8k.Tr.AUght.Oo
Street Ry. Depart.
Electric Light Dep
«««w i.onnon «t.
Norfolk Ry.
Ry
A Lt. Co.
May
Riiliway
City Gas
June
Co
June
S r >^nio 1 r. A Lt. Co June
Northern Texas Trac. June
Northwestern Kiev. Jane
Oakland Trans. Con* May
Knan St. Hallway.. \prll
"•range Co. Traotlon. April
Peeks. L't'KARR.Co. May
Peoria A Pekin Term
'tiilartoiptila (Jo.
PlttfburKh McKnesport A Greenisb'g..
Potisv. Union Traoi
Rys Co. Gen. —Roads
Light Co's
Rochester Hallway .
Kuokford Belott A
Janes vlUe
I
66.10'
9,627
80,5( 4
47,21-
5.861
55,02
9.061
77,97
40,889
1
102,.<33
99.8.'^ f
113 897
7.87H
7,610
7,911
23,211
6,270
7.16i
9.307.98i
June
Jane
May
June
June
June
1,187,318 l,aiO,88U
15,876
17.798
298,688
81,262
397,085
271,612
71.173
388,982
206,930
626,454
258,93.')
651,147
V8.H66
26.267;
39,0141
71,066
23,613
26,246
26,915
13,351
7,928,594 7,728,567
68,644
70,110
16, V6
29 5 1."-
14l,4-<2
2,009
1. 2.
129.475 I06,8ol
708,158
36 66.
June
11.878
18,20>
fli.ian
51 "P'
.
37,988
18,882
22,656
21,382
10o,.>7<
Joseph (Mo.) Ry
ri.
* -ow no Jan*>
•
3R,694
16,764
21,463
22,639
and
Affiliated Corpor's
St.
Mai oh
6,343
...
8,46'
11.86H
66.967
66,341
139.416
11,466
602,866
.
.
.
—
—
.
THE CHRONICLE.
496
•fr„st
ua-ittt
OBOSfl
WtekorU-
llam%ng$.
Tear.
Elect. Oo.
Seattle Electric Oo. .
South Side Eievarod
Sprlngfl'd A Xenla Tr
Syraonae Rap Tr Ry
.
.
Electric Co..
Terre Haute Eleo.Co
Tol.Bowl.Gr.ASo.!^
Toledo Kys. & Light.
Toledo & Western...
Toronto Railway
Twin Olty Rap. Tran.
Onion (N. Bedford)
United of San Pran
.
&
Waeh. Alex.
Mt.
V
Toanmtown-SharoD
t
I
Tear.
Tear.
[Vol. lxxix.
— Gross Earnings. —
JbauMi Dale
Current
Tear.
9
10,174
Spanish silver.
These are resolts for properties cwned.
c Results for main line.
n These earnings Inolade the Detroit United Ry., Detroit di Port
the Sandwich Windsor & Ijnherstbarg By.
V These flgores are for period from Jane 1 to May 31.
Haron Shore Line and
31.760
53.799
211.408
10.488
40.648
29,679
145,860
19.235
78,491
June 30
36,921
81,040
June 30....
127,075
112,104
Madison Traction.. Jane
11.904
9,040
Jan. 1 to June 3o....
48,889
42,068
Mlddlet'n-GoBh Klec.b—
Apr. Ito June 30
12,431
11,681
Milwaukee Elec. Ry. A
Light Co..b
264,058
248,422
June
Jan. 1 to June 80
1,631,316 1,430,186
Milwaakee Light, Heat dc
Traction Cob .. June
41,029
88,818
195.611
179,657
Jan. I to June So
Montreal St. Ry
282,610
309,377
June
1,761,916 1.571,941
Oct 1 to June 30
Mnncie Hartford & Port
Wayne a
15,682
June
80,298
Jan. 1 to June 30 ...
New London 8t.Ry.May
6,843
6,861
12,319
38,993
6,608
21.231
10.831
83.056
4.002
15,617
1,884
1,267
185,638
729,934
127,088
696,071
22,178
88,629
101,028
611,980
21,021
79,642
87,797
578,289
1,014
Lehigh Traction. a.Apr.
Jan. 1 to Apr. 3o....
Lexington Ry b...June
Jan. Ito June 30....
Lond. St.Ry(C'an.)a June
Jan. 1 to June 30....
Long Island
Apr.
July
Electric
b—
1 to
1 to
23.689
Current
Alh'ny & Had. RR
May
aMay
May
31....
Blnghamton Ry.b..June
Oct 1 to June 30...
Boston* Wo rcester.May
Caltfornla Oas & Eieotrlo
Central Pennsylvania
TraetlonCo
June
Jan. Ito June3o...
Ohlo.&Mllw.Eleo June
Jan. 1 to June 30
Cincinnati Dayton & Toledo Traction b... May
June 1 to May 3i
OIn.Newp. & Oov. Light
ATractlon.a
Year.
May
2 2.529
97,616
257,866
22,299
93,843
236,247
Year.
Year,
$
$
Jan. 1 to May 31
July 1 to May 31....
Aurora Elgin & Chica-
go By
June 1 to
Previous
Year,
Hoods.
$
7,297
20,208
79,204
6.711
29.062
77,443
41,778
422.512
24,665
168,283
37,700
16,745
190.497
23.675
13,291
12,653
161,449
71,394
68,831
19,700
Corp -See detailed statement below.
48.833
246,872
40.838
163,250
45,476
237,036
22,483
98,720
8,529
35,118
25.702
90,663
15.564
80,025
14,740
53,873
44.463
502,990
46,174
489,493
18.439
201,203
21.152
217,681
107,061
500,521
Jan. 1 to May 31....
Citizens' By. Lt. & P. Oo.
(Fishkill on the Hud8'n)b—
Apr. 1 to June 30....
10,817
32.864
01ev.Palnesv.& E...June
94,760
Jan. 1 to June 30....
100,891
469,140
43,687
198,873
41,208
189,253
11,194
19,765
91,408
2,907
9.319
34,295
3,804
8.279
85,494
19,528
60,277
17,707
75,966
Olereland Southwent'D—
June
44,182
Traction Oo
40,542
Jan. 1 to June 3o....
204,762
196,845
Detroit United Ry.n (all
properties). a
June
407,562
881.900
Jan. 1 to June 30.... 2,063,812 2,011,488
6.s,377
Dmluth Street By. b, June
59,018
292,745
Jan. 1 to June 3o
294,891
116.108
East St. Loals<b8ab. June
85,288
594,218
Jan. 1 to Jane So
471,233
ElglnAure. ASo.b.May
38.101
89.148
159,108
794,000
29,500
120,860
44,971
233,886
17,354
173.894
168,544
66,367
416.166
392,422
164,534
Elmlra Water L'ht &, RR h— (Street Bailveay Department only.)
47.688
Apr. 1 to June 30. ..
15.619
48.398
9,656
194.043
Jnlr 1 to June 30....
183.368
49,218
47.617
Wabash
Fort Wayne &
Valley Traction ..June
57,765
20.394
50,926
18,328
Jan. Ito June 8u
268,911
231,987
80,834
68,578
Honolulu Rapid Transit
June
ALand.b
27,715
21.604
11.610
8,968
163,053
Jan. Ito June 30....
124,578
66.033
53,449
Ry.
Houghton County St.
16.440
(Hancock, Mich.) May
4,909
16,111
6,026
72,976
78,862
12,642
21.360
Jan. 1 to May 3i....
32,049
32.539
Houston Elect. Co.. Apr.
9,971
10,130
116,ot>0
125,075
33,632
42,544
Jan. 1 to Apr. 3o....
7.'>,438
52,527
IlUneis Trac. Oo.Apr.
26,283
16.543
309,386
242,033
131,063
103,873
Jan. 1 to Apr. 30 ..
19.483
14,482
10.304
Ind'p'Us & Ea»t. Ry. June
7,733
95,158
59,848
43.342
26,185
Jan. ItoJuneao...
International Tract. Co.
327,126
335,691
128,366
162.668
System (Batfalo)b.May
604.852
644,896
Jan. Ito May 31.... 1,544,739 1.481.931
July Ito May 31.... 8,719,506 3,405,621 1,514,840 1,568.931
25.009
20.373
10,667
Jaoksonv.Elec. Oo.May
7.841
96.316
115,000
44,546
80.833
Jan. 1 to May 31
848,156
141.101
Kan. Olty By.& Lt.aMay
Jan. 1 to
July Ito
May
May
ai
31....
m
.
Jane 1 to
May
3l.... 8,878,367
1,487,661
85,026
271,612
9.061
71,173
28.918
117,447
4,160
42.467
21.826
94.947
8.971
38,204
77,971
388,982
40.889
206.939
87,230
168,824
21.184
110.961
84.284
167.188
21,696
94.510
7,990
105,370
6,270
23,513
7,152
84,651
6,606
60,477
3.630
12,488
4,034
66,831
8,066
10,778
1,602
80,103
12,450
47,066
6,911
7.911
39.014
10,881
38,321
206
19,357
4,037
14,412
2.063
PeeksElU Lt.&RR.aApr.
Month of May
9,808
2,665
12,618
Jan. 1 to May 31
Philadelphia Company— See detailed statement on page 366.
129.475
105,361
63.137
Rochester Ry. Co.bJune
708,168
602,866
803,609
Jan. 1 to June 30
1 to June 30
1.377.012 1,183,771
631,125
July
Rookford Belolt& JanesJune
11.878
vllle
13.200
8,427
Romo City St. By. (N. Y.)b897
4,397
97
Apr. I to June iO....
8.109
1,082 def.3,198
Jan. 1 to Jane 30
St. Joseph Ry. Light Heat
June
61,129
51,591
30,807
(k Power
San Bernardino Valley
June
10,174
Traction Oo . b
6.348
8,620
Sao Paolo (Brazil) Tramway L'tA Po w.Oo. Apr.
Jan. 1 to Apr. 30....
Savannah Electric. May
Jan. 1 to May 31....
Soranton By, Co
— May
Jan. 1 to May 3i
Seattle Electne Co. May
Jan. 1 to May 3 1 ...
,
166,825
718,297
27,119
123,792
64.426
802,121
14,930
61,165
168.396
def. 1,718
11,703
113.897
7.876
28,866
7,610
91.094
.
5,721
2,608
80,504
397.086
47,213
258,935
North. Tex. Tract, June
JaiL 1 to June 30 ...
Norwood & 8t L«wr.b—
Apr. 1 to June 30
Oakl'd Trans. Con. bMay
Glean St. Ry. Oo. Apr.
Jan. Ito Apr. 3u....
Grange Co. Tract. ..Apr.
July 1 to Apr. 30
Oswego Traction b—
Apr. 1 to June 30....
July 1 to June 30....
10,608
17,277
65,107
298,688
9.627
81.262
fc
Net Earnings.--—
Current
Previoua
21,832
8.822
88,134
1,370
2,654
19.186
29,338
—
-
,
Year,
11,688
20.888
62,148
3.440
11,804
10.677
48.098
6.446
24,039
)
— Gross Earnings. —
Year.
18,543
19,076
28.940
3,461
9.925
11,175
46,351
7.r35
18,346
Street Railway Net Earnings.— In the following we
Jan. 1 to May 31....
show both the gross and the net earnings to latest dates of all New York & Long Island
Traction Co. b—
i^TBEET railways from which we have been able to procure
Apr. Ito Jane 30
Jan. 1 to June 30
monthly returns. As in the case of the steam roads, the
Norfolk Ry. & Light Co.
returns of the different roads are published by us each week
(Railway Co
June
Jan. 1 to Jime 3o
as soon as received, and once a month (on the last Saturday
Olty Gas Oo. -..June
of the month) we bring together all the roads reporting as is
Jan. Ito June 30
done to-day. Bttides the companies furnishing monthly North. OhloTrac.&Llght
June
Oo.a
returns we have added this time the roads which make
Jan. 1 to June 30
quarterly returns.
Net Earnings.
Current
Previous
28,825
51,488
203,079
9,911
38,166
26,966
132,628
16,224
75,669
5,348
422,650
19.000 109,926 487,354
May
45.481 42,»40
204,134 193.301
308,990
May
78,094 74.148
325,998
813.944
May
197,848 181,797
981,115
786,714
Jnne
122.107 127,897 798,744
vvk Jalyl7
28,447
28,077
1,437
1,638
316.431
>iay
841,918
71.677 65,643
120,H38
May
144,557
32,573 26,215
169,328
May
46,637 36,970 212,201
May
100.780
108.072
23,096 84,778
Jane
825.858
772,178
148.63ft 141.545
ig.eoi^ 15,994
Jane
97.933
wkJnly23 47.138 40.671 1,282.113 1,128,237
2dwk Jaly 80,796 78,687 2,229,294 2,085,233
3t.720 82,109 132,903
133.592
May
524.013 488,113 8,211.948 2,966,670
June
May
22,702 21,718
101.328
91,181
38.693
May
186.925
Year.
Roads.
Kingston ConsoUd'd b—
Apr. 1 to June 80
Eleo. Ry.aMay
Jan. 1 to May ui
1
Precious
Year.
Prenout
Lake 8h.
Jane
Soranton Kallwav...
Tampa
to
Val.
Sao Paolo (Brazil)
Tram. L't A Po. CX). April
Savannah
1
9
926,387 645,590 4,247.436 3,467,464
Jane
Transit
San Bernardino
Tract. Oo
Jan.
Oufnt Prev'iu Ourrenl
~9~
St. Iionis
,
—
Syracuse Rap ir.bMay
July 1 to
May
3i
Elect. Co... May
Jan. 1 to May Si
Tampa
Terre Haute Eit'Ct.. May
Jan. 1 to
May
31....
Toledo Bowling Green
& South'n Tract.. May
Jan. 1 to
May
31....
Toledo Rys.&L'ht.a June
Jan.
Troy
<fe
1
to
June 3o
1,202
2,208
7,198
4,348
54,090
298,752
681,684
6,420
159
de<.38S
24,809
2,716
119.000
487.354
45.481
204.134
78,094
325,998
197,848
931,115
71,677
687.633
82.873
144,557
46,637
212,201
109.926
422,650
42.940
193,301
74.148
308,990
181.797
813.944
65.643
767.288
26,218
120.838
36.970
169,328
81,000
386.842
19.686
79.083
37.281
122.962
64,265
277.509
28,858
303,683
18.696
69,867
15.410
67,732
75,788
293.471
19.384
66.063
35,316
122,068
88,944
211,349
27,638
318.671
23.096
100,780
148,635
825,868
24.778
108.072
141,546
772,178
7,100
26,132
71.694
368,894
9,849
38.945
69.739
870,973
7.583
6.719
3.199
29.577
27.384
7.116
370.140
196,!502
347,744
2.059,261 1,918.653 1.078.387
1,614
6,181
178,999
996,881
429.949
1.590,357
194.671
685.762
113,869
807,187
177,711
619,066
62,527
232.074
79,663
260,684
11,895
86,428
15,10ff
48,984
New England b—
1 to June 30
July 1 to Jane 30....
twin City Rap. Tr.b June
Apr.
Jan. 1 to June dO
DnltPd Tr. Alb'y b.—
Apr. 1 to June 30
July 1 to June 30
(
UtlcaA Mohawk
)
Val.
444.331
1,687,639
Ry.b—
June 30
July 1 to June 30....
roungstown-Sharon Ry.
May
<Sc Lt. Oo.a
Jan. 1 to May 31
Apr.
724
1
to
188.914
724,937
38.693
186,925
15.812
71,802
a Net earnings here given are after deducting taxes.
b Neti^arnlngshereglven are before dednotlng taxes.
The Illinois Traction Co. Is a consolidation of Danville Urbana -A
ChampalgD, Urbana & Champaign Ry. Gas & Electric Co., DanvUle St.
Ry. & Light Co. and Decatur Ry. & Light Co.
m
n rnese earnings Inclade the Detroit United By., Detroit dk Port
Haron Shore I>ine and the Sandwich Windsor di Amnerstborg Sy.
—
July
3
.
THE CHRONICLE.
30, 1904.]
Interest cnargres and Snrplns.— The foilowing Stebw
railways, In addition to their gross and net earnings given is
the foregoing, also report charges for interest, &o,, with the
gorplus or deficit above or
-Int., Rentals, etc.
— ^Bal. ofNelEarn'gs—
Current
Previous
Tear.
Year.
Year.
Year.
$
$
$
5,000
55,000
55,000
2,297
24.204
22,448
Blngtamton Ry.—
Apr. 1 to June 30
20,506
19,854
9,145
10,199
17,336
195,181
16,050
193,673
def.3,907
6.022
5,102
24,008
21,354
105,772
20,997
105,323
21,283
100.801
20 .206
83,925
Canolnnatl Dayton A ToMay
ledo Traction
June 1 to May 31
A
—
May
—
Newp. & Gov. Light
Traction
Jan. Ito
May 31
Citizens' Ry. Lt. <fe P. Oo.
(Flshkill on the Huds'n)—
Apr. 1 to June 30
Detroit United By.
n
—
.
JuneSU
Slgln Aurora & So .May
Jan. 1 to
May
May
1,711
1,639
*2,009
82,822
490,763
15,519
91,813
9,454
46.318
100,616
*80,6S5
*206,360
10.602
24,913
6,479
15,058
62,171
13,981
29.347
7,900
20.049
63,918
4.542
26,700
3,104
18.625
*7,283
*41,051
Terre Haute Elect.
Toledo Bys.
3,454
16,571
2,929
14,645
6,831
26,316
1.465
def.3,929
3,097
6,716
2,030
2,852
3,299
16,228
88.857
2,708
13,125
85,545
6,187
18,342
def.4,166
20,971
7,729
157,208
4,840
16,171
9.451
7,941
30,780
IlllnoiB Traotl n Co.—
Jan. I to Apr. 30....
75.508
4,167
Ind'p'Us AEast Ry June
25,000
Jan. 1 to June 30....
International Tract. Co.
132.532
System (Buitalo)..May
666,063
Jan. 1 to May 31....
July Ito May 31 ... 1,462.509
3,105
May
Jaoksony. Eleo. Co
15.627
Jan. 1 to May 31....
El i- Ctrl oApr. 1 to June 30....
July 1 to June 30....
10,115
20.871
101.854
5,611
33,820
2.167
14,186
Long Island
Mlddlef n
& Qo»<h. Eleo.—
Apr. 1 to June 30
Milwaukee Eleo. By. &
June
Light Go
Jan. Ito June 30....
Milwaukee Lt. Heat &
June
Trao. Go
.Jan. Ito June 80 ...
June
Montreal St. Ry
Oct 1 to June 30....
New York & Long Island
Traction Co.—
Apr. 1 to June 30
Jan. 1 to June 30....
. .
Norfolk By.
A
.
*
Troy
<3cLt...
Jan. 1 to JunebO...,
Norwood & St Lawr.—
Apr. 1 to June oO
Clean Street By.... Apr.
Jan. Ito Apr. 8o....
Oswego rraetloii—
Apr. 1 to June 30....
July 1 to June 80 ..
Rochester Ry. Co.. .June
Jan. 1 to Juno oO
July Ito June 80
Bockford Belolt di JanesvUle
^HJie
dM61,211
52,331
7.562
28.919
1,884
*3,578
9,901
162
20,871 def.1,295
98.i50 def. 72.914 del. 46,007
5,165
5,564
5,412
16,342
13,031
31,753
3,586
4,968
1.860
11,445
4,159
12,594
•1,596
•3.475
'8.972 •def.3,084
9,013
36,935
685
1.175
•1,259
•162
76,236
443,506
72,133
424.446
•62,237
•293,784
•56,217
•278,114
17,224
94,300
26,295
175,371
•5,204
14.551
78.180 •def.8.398
24,197
74,737
486,609
164,667
•6,470
•1,377
63,600
418,622
466
899
130
260
•1,072
•5,473
•2,080 •def.1,976
17,689
108,637
8,846
17,063
16,460
107.574
2,834
17.140
6,366
11,227
8,910 deM2,627
1,137
1,314
21,064
25,404
23,167
10,028
60,547
23,259
182,024
9,018
84.125
14,063
38,125
11,166
50.414
10,975
85,164
12,578
40,385
1,856
2.439
9.766
1.398
1.942
9,968
5,250
1,191
2,67 2
2,636
1,124
3.447
13,7b7
690
15B.118
812,662
3.445
13.773
25,647
153,037
306.49O
•755
•37,021
•147,733
•824,641
def.l,l&7
def.5,6.8
'28,81b
•142,966
2,697
2,500
2,730
136,t)99
26,.^41
1,73'^
3,469
2,200
6,870
999
246
deM,678
t92,S9Z
t540,441
2,200
6,829
t78.390
t470,818
104,110
532,946
100,609
625,963
80,711
309,153
76,917
292,837
•114,165
•293,727
•88,526
•248.321
43,617
167,845
89,163
148,0^9
•19,937
•68.103
•41,385
•105,666
& New England-
UtlcaA Mohawk Val. By.Apr. 1 to June 30
July 1 to June 30....
def.586
After allowing for other Income received,
•
Fixed charges Include dividend on preferred stock.
n These earnings Include the Detroit United By., Detroit & Port
Huron Shore Line and the Sandwich Windsor & Amherstburg By.
OALIFORNIA.
on bonds of
May—
Gross. Sub. Co.s,<ec.
Corp.
bond
Surplus.
Sinking
fund. Balance.
$36,458 $12,500 $33,685
33,128
12,500
25,138
interest,
$246,434 $82,643
152,170
70,766
.S329.077
. 222,936
1904
1903
ANNUAL REPORTS.
Annual Reports.— The index to annual tepotts is emitted
week becanse of the publication of the Railway and
Industrial Section, which contains references to the reports
of the principal steam railroads and incjustrial companies
this
printed in the Chronicle, not including to-day's issue.
United States Steel Corporation.
^Earnings for the Quarttr and Half-Year ending
June SO, 1904 J
The following
financial statement of the Corporation and
for the quarter ending June 30 was
given out on Tuesday after the regular monthly meeting of
the directors.
The "net earnings" as here shown "were
arrived at after deducting each month the cost of ordinary
repairs, renewals and maintenance of plants and interest on
apbonds and fixed charges of subsidiary c mpaniee."
pend the results for the half-years ending June 80 in 1004,
1903 and 1902:
subsidiaries
its
We
Net earnings
Deduct—
$19,490,725
Sinking funds on bonds of subsidiary companies.
Depreciation and reserve funds
Interest on U. S. Steel Oorporatloa bonds for
the qnarier
Sinking funds on U. S. Steel Corporation bonds
for the quarter
$169,425
8,059,062
5,867.175
1,018,500
10,408,162
Balance
Dividend for the quarter on preferred stock (\h p.
Surplus for the quarter
$9,082,563
6,304.919
o.)
$2,777,644
-
UNFILLBO OBDBBS ON HAMS*
.Tune 80th. 1904
Marrh 31et. 1904
December 31, 1903
March 31, 1903
December 31. 1902
3,192.277 tons
4.136 9H1 tons
3,215,123 tons
5,410,719 tons
6,847.253 tons
8, ^^S 1.692 tons
November 1.1901
NET BABMINQB FBOM OPBBATIONS FOB BALF-TBAB BMDIHO /ONE
1904.
March
Total quarter
April
June
Total quarter
Total half-year
807
30.
$2,868,213
4,640,673
6,036.346
January
M«y
•280,500
OAS & ELEOTBIC OOBPOBATION.
Expenses, int.
1903.
$7,426,778
7,730,361
9,912.671
$13,446,232
$6,863,F33
6,268,618
6,370,874
$25,068,707
$10,905,204
18,744.824
12.992.780
$26,715,487
$12,320,766
13.120.930
13,220,368
$19,490,725
$32,935,957
$36,642308
$61,711,015
$37,662,058
$64,377,518
1908.
$8,901,016
7,t>78,58S
10,136.868
INCOME ACCOUKT.
1S04.
net earnings half-year (see
$
Introductory remarks)
32,935,957
1903.
1902.
Tot'tl
Deduct—
1,695
3,239
3,920
dM,536
df.1,641
def.6,667 •def.3,568
sidiary
companies
61,711,015
64,377.518
2.681
10.878
51,968
Soranton Ry. 0'«....May
18.4 il
91.861
23.486
118.6&2
20 2 1
210,685
2.112
10.464
1,042
9,631
48.163
19.786
98,929
26,648
126.968
20.217
2:^3,218
2,143
10,124
939
8,708
27,115
18,870
31,101
40.770
168.867
8,615
98,998
10.684
48.803
1.673
9,693
17.890
16,430
23,136
32,296
85.391
7.416
95.453
9,752
46.298
l,6'20.O0O
240,428
6,5^6.028
00,000
1,520.000
19,245,862
18,690,095
16.605,299
45,206,716
15.916,456
48,461,059
12,609,838
*17. 8^9,839
10,166,060
17,860,335
10.166.739
29,026.889
17,179,827
2M,027,074
20,433.988
696,266
Depreciation and reserve fnnds. 4,855,416
Int. on U 8. Steel Corp. bonds. .11,669.180
Sink, funds
do
do .. 2,025,000
Total deductions
Ban Bernardino Valley
June
Traction Co
Bayannab Electric. May
Jan. Ito May 8.....
.
8.573
16,284
28,604
128,903
binklng fnnds on bonds of sub-
St.
Jan. Ito May 3i....
Seattle Electric Co. Mny
Jan. 1 to May 3i....
Byraonse Bapi<l Tr May
July Ito May al....
Tampa Elect. '^o. May
Jan. 1 to May 31....
5,160
10,129
30,052
118,545
Apr. 1 to June 30....
Februi»ry
ItuJune^O
Jan.
131,697
637,168
1,411,723
3,001
14,662
9.197
36,216
By. (N. Y.) Apr. 1 to June 80
Rome City
6,533
32,650
41,135
242,070
June
July 1 to June 30....
Twin City Bap. Tr.. June
Jan. 1 to JuneSU....
United Trao. (Alb'y)—
Apr. 1 to June 30
July 1 to June 30
6,025
13.010
Light Go.
(BaUwayGo.) ....June
Jan. Ito June bO
June
City Gas Co
Jan. 1 to June 30....
Ohio Traction
northern
June
ALdghtOo
Jan. Ito June 30
North. Texas Tract JuiiO
10,260
47.603
41,642
250,349
May
Jan. i to June 30....
45,016
90.075
533,443
16,517
98,879
Jan. 1 to Apr. 3u....
Kingston ConsolidatedApr. 1 to June 30....
May
LaieSh.Kleot
Jan. Ito May 31....
June
Iiexlngton By.
Jan. 1 to June 30....
Lond.8t.By. (Can.). June
Jan. 1 to June 3o....
Year.
31....
J^
Jan. Ito May 3i....
Henston Elect. Oo. Apr.
.
May
to
1
*5.889
*36.034
1,980
31....
31...
Honolulu Bapld Transit
.June
&Land
Jan. 1 to June 30 ...
Honghton County St. Ry.
(Hancock. Mich.) May
Earn'gs.^
Previous
Year.
-Bal. of Net
Roads.
*79,816
*326,935
2,115
46.107
101.225
Elmlra Water L'ht & RB. - (Street Rail%eay Department only.)
*3,132 '*df.Z,742
13.003
12,863
Apr. 1 to June 80....
"661
*2.432
48,401
49.665
1 to June 30
Jan. 1 to
Jnly Ito
Current
Tear.
etc.
t
(all
June
June 3o
Dulnth Street By- June
properties)
Jan. 1 to
ff.OOO
Previous
Tear.
,
Roads.
Albany A Hud. BR.. May
July 1 to May 3i....
—
Current
Jan.
Previous
497
—Int., Rentals,
below those charges.
Current
C»n.
.
,
Balance
Dividends on stocks, vtz:
Preferred, 3^2 per cent
ComoDon, 2 per cent
Total dividends
12,609.888
Undivided earnings for half-year. 1,080,267
729.796
6 655,.^04
7.600,000
7.»-
• Subject to ar1)nstment on account of oonrerRlon of preferred stock
Into the len-olxiy-ve«r 6 per cent bonds, the Interest charge as here
slven being practically the same as in 1908. (Compare V, 76, p. 1147.>
V, 79, p. it76, 108.
—
.
:
THE CHRONICLE.
498
(The) United
(j^as
ImproTement Company, Philadelphia.
f Capitalization, etc., of Operating Companies. J
From official and other truatwirthy souroes we have compiled the following Btatem<*nt, showinsr the capital stof.k and
bonds of each of the operating companies In which the United
Gas Improvement Co. is interested; also their interest and
dividend periods, with the rate per annnm in each case where
known, the date of maturity of the bonds, and the amoanr
and date of the last dividend on the stock likewise a
reference to the Chronicle where further information
regarding the several compaoies will be found. Companien
controlled by the United Gas Improvement Co. by ownership
of a majority of tbeir capital stock are indicated by a "c"
prefix^d to tbeir names; those operated by it under lease by
an "1" similarly placed.
CAPITALIZATION OF OPBBATIMO C0MPAVIK8.
;
(Stoch, unlets otherwise
Total
Issued.
ii.dicatrd.)
oAllentowD, Pa., Ga* Co
Istmortvage
c Atlanta. Ga.. Gas Light Co...
Pref.,6p.c
IstmortsaKeof 1897
cBurlington(la.) Gas L. Co...
..
let mortKHge. 18»rt. ...
cCap.Ci'y I* L. Co., Dea Moines.
MaturUy.
P.O., Int.
and LHv.
Bef. to
CHRONICLE
Last Dlv.
yawCOOCS Feb.. .Feb.. '04. 3%
J50,00o. « J-J ..Jan. 1, IO116
zl,0l4,«26? A maj^rliy owned byGeorRla
.
Hallway
z*<oo.00o$
1,150, 00.. 6
r^S•^5.000
200,000.
.
x600.000..
6
M
Electric Co.
1, 1947.. V. 76. p. 1410
ISflO
ii% in
S ..Mar. 1, 11*06
.
^
j[40no.no0..
p o
Istandref M.,
Other bonds
$15,000,000.
Mer. So. 4 C. Mts-.Coall 110)
cCon6ura.Ga8Co.,Rearting.Pa.t
c East Newark. N.J. Gas Co..
1st m.'rigas'
c Eqaltable 111. Gas Light Co.,
Philadelpbia
Fret, stock, « p c
l8t m' r gag- (call lOS)
cEasiex & Hudson fins Co
,
oFultonCo
(N.
V.)Gas&EI...
1st M., §1.510,0110, (iold
d Georgia Kv. & Elec. Co
Pref. 5 p. c. non cum
I
17ft,000
.
5 J J ..July 1. lw2S.. J
Mar., '04, »«..
Section.
by Kksex & Hudson Gas Co.
by Newark Cjnsol. Gas Co.
60,000.. Owned
40,000.. Owned
x3,196.000..6<Deo...Dec.,190'.6^.. ) Ry.&Tnd.
x3,125,000.. 6 J D ..Juoe, '04. 3^ S Section.
(<,«u7,0i0.. 6 J-J..ian. 1. J9^..V. H6. p, 4i!6
See STREET HY. Section.
x6,500,0('0..
..V. 10. p. 99B
None
x l,60o,000. None
1,100.000.. 5 J-D ..June 1, 1936
.
.
.
6.014,600.. None
.1
8,400,0oo.. 5 Q J ..July,'04, IJi^..
4,272,000.. 5 J-J ..Jan. 1, 19j2
3,Hi'0,000..V8r'us..
Various ..I
I
Istconsol. M. (call 110)....
Also
r 10,218,600.. 4^ J-J.. Jan. 1, 1051.. ^ Street
890, '<00.. Varus..
Various ..I Railway
z500.0'0..6M8
.
!•
Street
Railway
Section.
Othr bonds
Atlanta Gas Light Co.— See that compan y above.
J
None
IHarii8t>urgh Pa.. Gas Co
x LOno.OOO.. None ..
l8tmortgHge,»l 7^0,000....
1,000,000.. & F- A
Feb. 1 1928.. V. 76, p. '55
* ST. Ry. Sec. and V. 61*. p. 957
c Hudson Co. iN J.) G.s Co .. x 10,500,000.
9.967000. .5 MN..N0V. 1, 1949.. V. '6, p 1251
Ist M., $10,600 (100
..V.78,p23h2
None
c Kansas uity. Mo., Gas Co
x 5,000,000.. None
4,U87,t00 .6A-O..April 1,1922. V. 67, p. 2t*
lBtM.,»f.,0'0,' 0(1 (call 105).
c Merlon & Radnor (Pa.) Gas
..V.76,p1S52
None
&ElectricCo
1,000,000.. None ..
750.000.. 5 M-N.. May 1 1954. .V. 79, p. 503
IStM. of lw>4, $2,<'00,000, g.
Subject to call at '05 and Int. on May 1 or Nov. 1 in (and after?) 191 1.
.
cNewuas
Lt.,Jane8Ville,Wls.
istmortgage
..
.
Minneapolis Gas Light Co...
Con. mort. 1892 (now 1st)
f26u,oo0.. Yearly. .Jne.'04,Viit^..V 79, p. 5('3
21(>,500..
J-D ..June 1, 1934
1,'04, 4%..V.78,p. 111b
ySuO.OOO.. 8 J J ..July
3.000.000 \ ^^j^^t fo call'at p^ar Mar-l," "1916:
1st gen. M., 19(13 $10,000,000
1, 0(0,000. 5
S ..Feb. 1, 19»0. .V. ig, p. 503
Subject to call on any Interest day after 1914 at lOo and Interest.
*
..July.'04, IM^..V.fl7, p. 1002
lNewark(N J.)(Jonsol.Ga8Co. x6,00,000..
Consol.M. $10,000000
6,000,000.. 5 J-D ..Dec. 1, 1948..V.67,p. Ufll
Newark Gas Co, iBt mort..
4,000,000.. 6 Q J ..April 1. 1x44
1 Northern Liberties Gas Co.,
Philadelphia
z475.000.. 8M-S.. Mar, 1904,4^ .V. 71, p. 88
x3,S00,<i00
cOmahaGasCo
None..
None
Pref stock. 6 p. c
x l,2r-O,O0O .Yearly. May. '03. 6%
Ist con mort., $4,600,000...
1,88 ,OoO.. 5 F-A ..August,1917.. V. 75, p. 80
300,000.. 6 M-N.. Nov. 1, 1914
Omaha Gas Mfg., 1st mort.
.
.
ElecCo
&
&
Paseaic Gas
**
V. 71, p. 36
8,970,000.. 5 M-S ..Mar. 1, 1949.. V. 68. p. 430
l,O80,(.00..Var'u8..
Various ..
I81-5, SJC
..V.78, p.2388
x200,000
lOJ.OOO.. 5 A-O ..April 1, 1»34
xB.000,000..
Con. mort.. $5,000,COJ.
Other bonds
IPen8acola(FlH.) Gas Co
Istmort. 1904, $200000
PeopleV Gas Light Co., Man-
I
xSOOOOO. .Var'us..Feb.lO,'04,2^
chester. N.H
..V 74. p 13.^6
cRhode Island Securities Co.. XI2.0 0,000
Bond9-A"$5.('00.00o, s. f..
3,500,000..
4» ..Aug. L 1938.. > ST Ry.
1932
Monds"8,"$ 6,o()0,0(i0
None .. 6% ..
..$ Section.
x8,i OO.oOO.. 5 Q J ..July,04,'lM%..V. 76, p. IS
1 United Traction & Electric.
8,702 000.. 6 M-S ..Mar. 1, 1 aS
Ist col. irU8t mort
4,6l;,0u0.. 4 J-J ..Jan. 1, i960. .V. 70, p. 176
R.I Suburban Istmort..
Other bunds
Various
817,200.. Var'us..
Z60OOO.. (?)"..
(?)
c St. Allans G-s Light Co
Ist
6%. due May], '04..
26,000 purchased by Union Gas Imp. Co.
c8t. Augustine (ias & Klectrlc
M
.
Llghi Co (no bonds)
c Savannah Gas Co
Pref stock & p. c cum
x97,n0O.. Jan. ..Jan.,
z660,000
z45i',000
M
'04,
.
.
.
l8t n.ortgage $20,000,000..
Other bonds
..
c United Llgnting&Heat'g Co.
Pref.sti)Ck,6 p.c.nun-cum.
Vicksbarg Gas Co
Bonds
—
I
Waterbury Gas Light Co
Bonds
.
.
.
City.
.
5
Stock.
Kan.
(
let
M.
X120,000..
60.100.
None..
None
.Held by United Gas Improv't Co.
I Operated under lease.
c Controlled by majority of stock.
d A BUbstantlMl in erest In thlu company's stock was obtained through the
Bale to the Georgia Ry. & Electric Co. of the entire stock of the Atlanta Gas
Llghi C...
q Guaranteed, principal and interest, by The United Gas Improvement Co.
r United Gas Iiuproveaient Co. has oflered 10 guarantee by endorsement
the Intetest on any oi tne^•e bonds which on or betore Aug. 16, 19 4, sbail be
deposited with the Colonial Trust Co. and stamped with the provls.oa giving
the comuauy the right to call the same for redemption at 106 and interest. V.
78, p. 2o98.
HLeased to Concord Light i Power Co. (contr lUed by United Gas Ituprove
ment ('o for tlfty years from 189^ for 17Ji p. c. of gross earnings. The semlannual dividend rat« was Increased in September, I9o3. froii. 3 to 4 p c,
(Leases the Reading (r'a.) G i» Co f or «< yoars from Nov. 1, i«t)5.
y Par of Shares $50.
z Par of shares $25.
X Par of shares $ 00.
Newark Cons, lidated Gas Co. is leased for 999 years from lh«8 to the Eisex
& Huds u Gas To., he greater part of whose capital stock Is owned by the
Uhlied G'» Improvement Co. "the lease calls for the pi.yme t. as rental. f
all fixed cbarueo and dividends on the t6,(iOo.O0O stock of the Newark Consolidated Cas Co., Commencing at H p. c. on July 1, 1900, atd iDoreasIng H P. 0.
yearly u ill 6 u. c. s reacbeu lu 1910; thereafter 5 p. c. per annum.
** A large majorltv of the stock of this company being owned by the United
Improvement Co., the property was leased for 900 years from Jane 1, 1903,
)
I
<
Om
4
8
1^
3
2i<
6
6T88"
3^
shortly. Compare page 504
President Dolan's report for the fii=cal year ending Dae. 31,
1903, which WPS published in full In the " Philadelphia
Ledger" of May 5, 1908, contained a detailed statement showing the territory served by each of the aforesaid companies
with gas, electric and trolley Hues, as the case may be.
Compare also editorial on a preceding puge (478) The
table above being crowded, no attempt has been made to
indicate the gold bonds, these including, we believe, all the
principal issues.— V. 79, p. 217.
Calumet & Hecla (Copper) Mining Co.
{Report for the year ending April 30, 1904, J
President Agassiz says in part:
Darlngthepast year we prodaoed mineral eqaal t9 41.612 tons of
retined copper, as a^alDst 42,216 tons la^t \ear. Oar prodaot In
reflned copper was 38,310 245 3000 tons.
For the previous year our
prodaot in reflned copper was 38,316 912-^000 tons. The price of
copper has varied from 11% cents to Is^ Crtnts per poand, and is now
about
IS^fl cents.
The new openlns^s on the contrlomerate be't In the vlolnlty of the
R-'d Jacket shaft have continued unsatisfactory.
lok-mined in that
district shows a decrease of about 15 Fer c»-nt in oopoer from former
years. The marked catting out of th«> soatbern extension of our cop-
B
per bearing ground has continued. We htve abandoned al work of
exploration In No. 12 Hecla shaft (oar most fou'^herly opening) and
are taking out the pillars of No. 1 Heola shaft, no ground of any
value having been developed by the deepest openings of th»r shaft.
The slope intended to work the northern part of the mine (the five
forties) has been started from the 57th livel and sunk about 150 feet.
L*8t fall we started opening the Kearsarge amygdaloid. Three
"hafts have been located on the lode. In the most norih-^riy shaft we
have sank on the vein and drifted a short distance. The quality of
the rook encountered is fair.
Daring :he past year we have remodeled five of the heads of the
Calumet mill. There are 11 h^ads running with new and economical
milling and washing machinery
We have started remodeling of the
six remaining heads of the Oalnmet mill and hope to have the whole
mill of 1 1 beads runn'ng on the new system by May, 1905. With ordinary Buooess the remodeling of the Hecla mill heads should be completed In the spring of 1907.
1
The results,
for four years follow :
OPERATIONS, DIVIDENDS, ETC.
1903-04.
19 J 2 03.
1901-02.
assets, etc.
,
1900-01.
Refined copper produced, pounds
76,620,290 76,632,912 79,964,00!) 72,652,000
Price of copper, cts. per
11%'»13\ lli4»iM< ll-sieos 16H@17
pound
Net earnings
4,000,000 4,i*64,000 6,400,0u0 4,500,000
Total dividends (per $25
$40
share)
Amounting
$20
1904.
1903.
1
ton
(
fflice
$65
$
116,381
1 5.000
5,987,055
1902.
1901.
9
122,387
1 .^,0UO
15,000
3,781,551 3,350,489
$
154,025
J
Bills receivable at
Bos-
ton and mine
Insurance fund
Empl
$40
$4,000,000 $2,000.00r> $4,000,000 $6,500,000
ASSETS AND LIABILITIES OF APBIL 30.
to
Aa$ei8—
$
Cash at mine ofiSce
I
,
Cash at New York olBoe « ^rrn oi q 3
o,u/u,wia^
(
Cash and copper at Bos-
)
lyees' aid fund... )
451,521
nui aaaS
70iJ.»»»
609.584
600,276
7,286,338
see.esB
149,987
382,012
4,467,171
3,869,868
17,529
\
81.540
729,361
640,837
300,000
6.583
7,234,879
Liabilitits
Employr-es' aid fund
Drafts and bills payable.
Machin'y, contracts, etc.
Oash for add'ns & Impr ts
I
373,299
330,000
373,6 <1
304,174
48'',287
871,576
703,399
677,855
874,391 1,701,738
6.583,039 6,557, 24 3,592,779 2,168.130
liabilities
Balance of assets
The capital stock
(?)
.
Kansas
&
consummated
Total
V,70,p. 6S6
66,0t0..
0%
V. 77, p. 145
c Westchester ( N. Y.) Lighting x10,O(jO,O0O
Pref sto(k 6 p. c. cum. ... x2,6(io.ovo.. (J-J ..Jnly,'04,l^){
6,916,000.. 6 J D..Dec. 1, lno
Gen. mort. $10,00t,0„0
.V.71. p. 1175
l,o-d8.i 00. .See p. 17*6 'at. & Ind. Section.
Other bonds
cWelsbachCo
x3,60>',000.. yearly. .Sept., '03, i;i6. .V. 77, p. 628
Col.tr. mort., $t,00",OiiO....
6,819,640.. 5 J D
June 1. 1980.. V.JO. p. 898
cWvandotte Gas Co
2^8
Co.... 2
Passalo Gas
The Hale of the Westchester Lighting Co. to the Consolidated Gas Co. of New York, it is ni ders'ood, is likely to be
ing agreement.)
..
.Annual Rental— THrHiiendt Ouaranfesd.
,
Srd. 4t-. blh. «ih
'th, Sih. Ihereafttr
"id.
e%
7%
8%
8%
t-%
8 yearly
i^if 6%
"
4
6
5
5
of the $80,fOO,000 of the United Electric Co. of New
Jersey was owned by the United Gas Improvemeat Co. until IWS, when
most of the Issue was exchanged for trust ci-rilflcii'eB of the Public
Service Corporation of New Jersey on the ba«ls of $0 in trust cerliflcateB for
lion In stock. These trust cenlflcMtes are dated June 1, 1908, ana bear interest
at the rate of 2 o. c. per annum the first two yeHru, 2H p. c. the third year, and
Increasing by !^ p. c each following yearantll 6 p. c Is reached In the tenth
year, whli h is to be the rate thereafter.
(?)
D
(?)
&
Electric Co
H A majority
1907-1908
17.979,000.. 4 J
June 1, 1949.. V. 72 p. 1 38
867,
'..See Street Ry. Section, p. 2613
6,000.0
V. 68. p. 131
6,7Ht,H0O.. April ..Apr.,'04,4H!6..V. 72. p.6?9
(?) 3 ,950 ((Proper 'y operated under operat-
(?)15iti0j
890.000..
Paterson
Total assets
V.77,p.2l'-2
.
y60,000..
..
c Sioux Fal s Gas LiKht Co ....
(?)
Ist moct. 6s and 2d mort. 7b
60,000 .Var'us..
x2n,000,o00..
TUnited Electric Co., N.J.
T
Utyr.
& Hudson Gas Co.... 3HJ{
Hudson County Gas
8*
Ist mort., tl.'i 0,000 ». t
8
V.78, p. 1878
Sept., 1923
a 1.000,000. 5
Subject to call at L 5 for sink, fund until March, 1909; thereafter all.
None..
Note
V.76,p.l411
c Sioux City Gas & Elec. Co... xi.^oOijOo
xSOO.oOO.. July
Pref St ck
July, '04. 5)1
753,000.. 5 J-J ..July 1, 1921
1st mortgage, $1,000.000.,..
.
.
Cnmpirtv—
Kspiex
M
.'
cPa'erson
WAY
None
..
40u,000.. 6 J-J ..Jan. 1,1907..V. 72, p. 777
Istmoftgaee
y IftO.OoO. 8 M-S ..Mar., '04. 4%
IConcora (N. H.) Gas L. Co.*.
fSOO.OOO
Feb., '14, 2*
eConcord(N.H.) I.t. &P0W.C0.
1V.72. p.44.
cConnectlCQt Ky. & Light. Co. xll.OOO.OOO
Pref. stock,
to the Pabllo Serrice Corpnr«ttoii of New Jersey (are p. ?912 of Stbbet Rau/Section), that company, aB rental, guar .Dteelog dividends on the stock
a» follows
.
&
J-D .June
None
(Vol. Lxxix.
is
|2,500,000.— V. 77, p. 2099.
Pacifle Mail Steamship Co.
(Report for the year ending April SO, 1904 )
President E. H, Harriman says in sabsrance:
NOOHE— Compared with the operations of the preceding vear,
tlie
reoelp'S from steamers operated and rhitrter>-d increased 28 43 p. o.;
rec««ipti< fri'm other sonrces Increased 8 73 p. c. mablng a total increase of $774,25H, or 2738 p. c. There w*8 an increase of $S86,335,
or 20-43 p. c, in the expenses for steamers operared and chariered,
and for agency, general and inlecellaneous t^xponses of $9;^, 594, or
23'64p c.,for iDsuranos $28,210 and for interest on loan' $5,163.
There was also charged against the income for the year $16,341 for
if^DHral average expenses, making a total
increase in expenses
of $535.64,4, or 21 39 p. o. After making 'he oastomaiy charge for
depreciation and for general and extraordinary repairs of steamers
amouiitltig to $314,823, the year's operations havH resulted in a surplus of 924H,89(j, as against $8,2X0 last year, a gain of $^38,615. The
ratfs on all over-sea carryings have been unusually low daring the
entire year everywhere. The couipmy had also to meet severe competition to the ports served by its «tenmers and a fur' her shrinkage in
Us revenue resnlted from the regalations of the Government of the
United States of America in respect of Chinexe immigration. The
inaiiranoe on the company's steamers was renewt-d ana the premium
oharweable against this year's ooera'ions ($i 45, ul9) charged to the
year's expenses. The increase in this expense re'<at(s from a toU
year's charge for insurance on the 88. ' Eoiea" and "Siberia".
BTBAUBBS OWNED AND OTHEK PBOFEBTT.
The
S.8. Colon struck Remedies Reef, oflT
April II, 1904, and became a total wreck.
to #164,381)
ths coast of Salvador, on
The diff renoe (amountliig
between the cost of the ateamer as charged on the books
—
July
3
,
THE CHRONICLE.
30, 1904.]
of the oompany (leas depreolatlon) and the amoant eredlted agalnBt
inch ooBt tor Insaraooe received, was charged to "prodt and loan".
TheexpendlnreB for repairs while the steamers were In service,
charged to '•steamer expenses." amounted to $111,443. After chargInK the fund for depreciation and for general and exiraordlnary
repairs of steamers and other floating equipment with $208,946 f r
repairs and renewals ohiirgeabie to this aooou It, and with $113,548
for depreciation chargeable against the 8. S. Oolon, wrecked, and for
other property condemned, there remains to the credit of this fand at
the close of the year the sum of $914,307.
i
OBHERAL BSHABKS.
The money borrowed to meet payments on the new steamers was
reduced by $60l,^45 during the year. With the exception of this
IndebtedneKB, amounting on April 30, 1904, to $1 32u,163, the companv is free from fl >atlug debt other than current expenses. The cash
on hand in New Y >rh, San Francisco and London. April 30, 1904,
amounted to $48,6H8. The company's fleet and property have baen
maintained at
its
high standard of effielenoy during the year.
BTBAMBRS OWMBD.
Steamer.
Algoa
Aoapulco
Aeteo
Barraoonta
China
Gross Length
Tonnage^ feet. Hull.
Steamer,
Olty of Sjdney. 3,017 339 Iron
Costa Rica
1,783 221 Steel
Oross Length,
Tonnage, feet. Hull.
',575 455 Steel
2,.s72 2mO Iron
3,608 360 Steel
Korea
11.300 560 Steel
I,«ft9 275 Steel Newport
2,735 826 Iron
3.528 327 Steel
6,061 440 Steel Peru
2,080 283 Iron
OityotPanftma 1,490 260 Iron San Jose
2,076 283 Iron
Para..
3,533 345 Iron San Juan
City of
11,300 550 Steel
City of Peking. 5,o80 408 Iron Siberia
Also owns 20 launches, coal ship EUora (1,590 tone), water-boats,
....
.
lighters, etc.
Statistics.— Earnings, ezpensea, charges, eto.,
follows:
BARNINGB, XXPBMSEB, ETC.
1903-04.
190303.
Receipts—
9
9
2,677.913
Gross from steamships... .8,439,11
14.610
16,180
Malls
183.428
Miscellaneous oolleotions. 186.264
11,219
1,655
Income from InTeets., etc.
3,601,768
Total
have been as
190001.
$
1901-02.
$
1,883.413 2,868,969
8.640
13,878
121,857
168,555
15,436
29,764
2,029,346
3,827.506
3.071,166
Expenses—
Steamer (-xpeoses
Agency ezpenKes
2,276.963 1,890.628 1,587.660 1.870,743
847,598
280.059
437.137
527,463
244,683
188,862
122,208
152,269
vj93
3.330
1,605
7,700
80.971
75,809
19.242
Interest and exchange
314,823
324.782
346,168
Gen. and extraor. repairs. 814,823
General (iool. insurance)..
Miscellaneous
3,354,870 3,819.225 2,387,281 2,903,345
246,896
8,281 df.307,935
167.821
Total
Balance, surplus
BALANCE SHEET APBIL
30.
1904.
1903.
9
$
9,574.469
9,950,874
389,l'85
102,111
165,187
290.922
111,691
22,954
811^985
673,525
73,970
23,709
120,757
48,087
228.818
111,598
22,954
795
Assets—
Steamers
Steamers under contract
Other floating equipment
Real estate and other property
Cash
Agents and pursers
795
675.515
48,633
Traffic balaDoes
Indivldnals and companies
Materials ana oniipltes.
Capital stock terminal companies
Mex int. fnnded aebt .'>% bonds...
Mexican consol. d«-bt. 3% bonds...
Guatemala ill tereot IV! p c bonds.
1902.
$
5,972,900
2,871,772
323,664
627,688
44,309
78,909
147,303
296,841
121,188
22,964
79^
19,800
17,670
11,046,834
22,763,773
21.593,444
20,000,000
Unadjusted accoanis
Balance to piotii and
19,800
19,800
4,584
6.461
56,724
79,905
11,013,895 11,091.533
22,416,451
Due from Cent American
20,000,000 20,CO!),000
gov'ts..
loss.
Total aosets
967
LidbUitits—
Capital stock
Advanced by Southern
newBteumeis
Pacific tor
1,826,163
166,063
1,007
8,910
Aocnnnts payable
Trafiio bali»D0«<«
for depreolat'n
13rt.38;^
15,660
914,307
8'910
921,978
159
772,721
24,959
.22,416,451
23,763,778
21,593,44^
Unclaimed dividends
Fund
634,804
1,728,408
104.317
and repairs .
Unadjusted aceounts
Total UabllUles
78, p. 2388, 2010.
B,91i>
—V.
499
AFFUCAXION OF OBNEBAL MOBTOAOB BOITDS—BI>'KIl(a FOMD.
The total authorized issue of bonds under the mortgage is $50,000,
000, applicable as follows:
To retire at or before maturity, $ for $, any or all of the following:
Terminal BB Association of St. Louis Hist M. 4^ p. o.
$7,000,000
bonds, du« Oct. 1, 1939.
Terminal BR. Association consolidated 5 p. o. bonds,
5,000.000
dueAng 1,1944
St Louis Merchants' Bridge rerminal By. Co. first M.
1.1920
3,500,000
6p o. bonds, due Oct
St. Louis Merchants' Bridge Co. first M. 6 p. o. bonds.
2,000,000
dueF*«b.l, 1929
Betterments, improvements and acquisitions, new rail18,000,000
ways and equlpm<«nt. stock and boads of other oo's
14.500,000
Additions, construction etc.. after Jan. 1. 1906
The proceeds of the $18,000,000 of bonds now Issued have been
applied as follows:
$7,423,139
Purchase of Wiggins Ferry stock
687,984
Purchaseof Interstate Car Transfer stock
1,260,000
Purchase of East St. Louis A. Oarondelet KB
and construction
8,638,876
For real estate
The mortgage proyides that as a sinking fond the company shall
yearly, beginning July 1, 1906, deliver to the trustees $100,000 of the
general mortgage bonds, or cash sufficient to rt deem that amount of
bonds at 110 and interest.
FBOFBBTT COVEBED BT OBNBBAL UORTOAOB.
The general mortgage is a first lien upon the entire capital stock of
the following companies:
E St. L.& Carondelnt By. $420,000 Grant Olty Ss Madison
Belt Ry. Co
$100,000
Illinois Transfer BB. Oo. 500,000
100.000 St. L Belt & Term.By.Oo. 21.000
Terminal Realty Co
Also on the entire capital stock of the Wiggins Furry Oo. [V. 74,
p. 492], Interstate Oar Transfer and East St Lmls &. Oarondelet RB.
And. subject te the lien of $7 000,000 ot first mortgage bonds and
$6,000,000 of consolidated mortgage bonds.it is a Hen upon the entire
railway of the Terminal Co.. with all its appurtenances in the Olty of
St. Louis, inoluding lands, depots, leasehold Interests, rolling stock
and franchises, and in sreneral all property owned or subsequently
acquired; and leases of the Eads Bridge and Tunnel; all of the Octplteui
stock, 990 8>iares, of the Uoion Bailway & Transit Co. of Illinois,
3,180 shares of the Terminal BR. of East St. Lonin, 349 f'hares of the
St. Louis Terminal By. Co., 6,000 shares of the East St Louis Belt
BB. Co., 17,800 shares (a majority) of thn stoon St. Louis Merchants'
Bridge Terminal Bj. Co., and $1,500,000. the entire amount, of the
first mortgage 6 per cent gold bonds of the St. Louis rerminal By.
Co , maturing Jan. 1. 1933. The properties of ail these companies
except the two last named are unencumbered. The general mortgage
forbids the iBsue of any additional boods under any of the underlying
mortgages, or the Issue of any bonds by any of the companies the
Btocks of which are pledged. All of the stock of the St. Louis MerSt. Louis By. Oo. beohants' Bridge Oo. and of the Madleon Illinois
longs to the St. Louis Merchants' Bridge Terminal Ry Oo.
The Association owns approximately 80 acres In the center of the
butlness district of St. Lonis, extending from 8th Street to 23d Street,
and embracing the Union Station propertv, fronting about 600 feet
on Market Street, between 18th and 20th Streets, and extending
southwardly some i ,600 feet. Its subsidiary companies, all the stock
of which belongs to the Terminal A8soolatlon,own in Olty and County
of St. Louis approximately 450 acres, and in Illinois approximately
481 acres. Wiggins Ferry Oo. owns in Missouri approximately 70
acres and in Illinois 712 acres; also water frontage In Illinois of 2 8
miles, and In Missouri approximately 1,60 ' feet water frontage.
These figures do not cover acreage of real estate of St. Liuls Merchants' Bridge Terminal By. Co. or St. Louis Merchants' Bridge Oo.
Aside from the mortgage Indebtedness referred to iu the general mortgage, there is an outstanding mortgage encumbrance of the Terminal
Railroad Association ot St LouIk In the sum of $300,863 33. representing balances of purchase price.
PROFEBTIES OF THE SDBSIDIi.BT AND OTHER COMPANIES.
a. St Louis Terminal Ry. Oo. Is the "Inner belt," extendlutr from
the St. Lonis Merchants Bridge Terminal Railway In thi northern
part of thH city. Into the county to a oonueotlou with the Wabash RB.
This Is a double track railway about 5 miles In length.
6 St. Louis Belt & Terminal By. Is the "outer belt," extending from
the Burlington BR. on tbe nor<h to the St. Louts & San FranoiBOO BR.
on the south, a distance of about 16 miles. 8 of which are completed.
Theae two belt lines connect the properties of the Terminal Railroad
A*BOClatlon of St. Louis with the various railway lines entering the
city on the west side of the river.
Oo. consists of a strip of
e. The property of the Terminal Realty
land extending from tbe Eads Bridge southwardly to Chouteau Ave.
and westwardly to Hth St., crossing the blocks between the river and
zd St., and acquired lor the purpose of ooosiruetlng an elevated line
connecting tho Eads Bridge with the elevated structure of the St.
Louis Merchants' Bridge Trrmlnal Ry.
A
d. Union Railway & rranslt Oo. of Illinois and Terminal BR.of East
St. Ldoii oonsiitute the railway yards In East St. Louis, operated for
the Interchange of freight and passenger traffic.
e East St. Louis Belt BB. is the oonneottog link between tbe Terminal Ballroad of East St. Louis and the Madison lUlnuis <fc St. Louis
Metropolitan Coal Co., Boston.
(Balance Sheet of April 30, 1904 J
Bailway line.
The Metropolitan Coal Co. was formed in 1898. It is re/. East St. Louis & Oarondelet Bailway is a belt line extending from
ported to have seven yards in Boston, as follows :
the stock yards In East St. Louis on the north, to a ferry transfer on
the river opposite Oarondelet. or South St. Louis, a distance of 9 miles.
84 South Hampton St. 256 A St.. 664 Sunimer St.. 30 Dorohetter
g. Illinois Transfer RR. is also a belt line, connecting the Bast 6%.
Ay., Campbell's Wharf. Chelsea ; 221 Bridge
Oauseway
St.,
1276 Saratoga
St.,
St., East Cambridge 228
East Boston; SOU Congress St., Llv
;
erpool wharf.
BAIASCE SHEET AFBIL
Atteti—
Real eitat* and
$225,nro
800 305
Stock In prucewB..
and deots
$100,000
Sll.^Cia
...
1903.
444.ifl«
Floating
400.882
machlDery
Merchandtse.
053,791
Profit
Debts
Catb
tugB,
and
Surplus
etc
00
will
400,000
$1,761,468
$1.6.8,057
1803.
$1,000,100
400,M
844,66*
Indebt187,600
28.803
loss
17,182
176.000
4O0,00j
ToUlB
1904.
$1,000,000
400,000
206 711
edDess
receivable
Sleamera,
30, 1904.
lAabiUt es—
Capital itock
Special stock
1904.
Qood
816.'
Compare Cods
Totals
$1,701,493
$1,672,967
Coal Co. of Maryland and Enutern
Coal Co. of Providenod on page 503; also V. 77, p. 1749 and
>lidation
V. 78. p. 1278.
Terminal Railroad AsRoelatlon of St. Louis.
(Statement to Neuy York Stock Exchange June 15. 1904 J
The statement made to the New York Stock Exchange in
oonneotion with the lletlng of the $18,000,000 of general mortgage 4 p c. sinkicg tnnd bonds gives the following information:
The bon^s are dated Jan. 1, 1908, and are dne Jan. 1,
1953, but are subject to call at company's option at 110 and
interest on Jan. 1, 1910, or any interest date thereafter.
Principal and internet payable tax free.
Trustees, Central
Trust Co. of New Yi.rk and William Taussig of St. Louis,
The
circular further says:
Louis Belt RB. with the Illinois Central BR and InterBectlng the
railroads entering Ea«t St. Louis from the East.
h Granite Olty & Madison Beit RR partially encircles Granite City,
connecting tbe various industries of that city with the Madison Illinois
St Louis By.
,
A
t
St.
Lous Merchants' Bridge Terminal Bailway extends from a
point near 7th and Gratiot streets, southeast of tbe Union Station, to
the approach of the St. Louis >lerohants' Bridge at Ferry St., and
northwardly to the St. Louis Terminal Bailway.
/. St. Louis Merchants' Bridge spans the Mississippi River at a point
about 3 miles north of the EadH Bridge.
k. Madison IUIuoIb &, St Louis Ry. connects the east approach of
the Mf rchantb' Bridge wiih tbe Eitst St. Louis Belt BR. and roads entering East Sr. Louis from the north.
I
Wiggins Ferry Co. operates ferryboats and tugs, carrying teams,
passengers, cars and freight across and upon the Mississippi Klver at
and near St Louis, and owns land on both sides of tbe river, valuable
for docks, wharves, landings and Industrial purposes; also a railroad
line for the transfer of cars from ralir<>ad to railroad, and in connection wlih its boats, from railroads on one side of tbe river to those on
the other slfle.
m. Interstate Car Transfer is a marine trans-river line connecting
with other lines, for which It transfers oars from one to the other.
with
n. East St. Louis A Oarondelet RR. Is a line connecting
other railroads and ferry lines, and the tracks of industrial establishments and quarries, engaging in a general railroad business.
OUARANTT.
Under a guaranty agreement t)eiween the proprietary companies,
the Terminal Company and the trastees of tbe eeneral mortgHge, and
lodged with the trustees, each of these companies binds Itself forever
to make use of tbe properties of tbe TeimlDal Company for all passenger and frelvht tri>tllc within Its control throii. h, to and from St.
Lnnl«, and destined to rross tbe Mlssis«li>pi RIfsr at St Lou**; and
farther agrees that the tailtf rates of the Terminal Oompany shall be
—
.
THE CHRONICLE.
500
BO fixed by U as to inenre the prodnotlon at all times of enfflolPnt revenue to enaMelt panotnally to mnet and dl«oharge the tnterrtst on all
of Ite bonled debt and rentals, looludlnsr ttie tannel and bridife |aorop8
tbe]Mls^l«Blppl; alBd elDkln^ fund InstalmentB, taxes and all expeuseB of
every nature Incurred In the malntenanoe, operation and rt^newal of
Uoder this agreeits eyHtein and properties and every part thereof
ment each of the proprlt'tary companies also, to the extent or Its
proportionate Interest, one-ronrteenth. In the Terminal Company,
guarantees the prompt p»yment of all Interest on the general mortgage bonds and the payment of the Instalments of the sinking fund;
the obligation of the 8r. Louis Vanda'l» & Terre Haute RR. Oj. is
guaranteed by the Pittsburgh Cincinnati Chicago & 8t. Louis Ry Co.
and the Terre Haute & Indianapolis RR. Co.; the obligation of the
Chicago & Alton Ry. Co. bv the Chicago A Alton RR. Co.. and the
obligation of the Ohloaso BurllnHton A Qalnoy Ry. Co. by the Chicago
Burlington & Quinoy RR. Co. [See full list of the 14 proprietary
companies in the RiiiLWAT and Industrial Section.]
BALANCE BHEBT APBIL SO, ISOl.
.
Assets —
A franohl'es.^lS ,996,341
4 ,561,604
& constrno'n. 12 ,108,099
Property
R«*al estate
'Equip.
tStocks of other corporations owned and
pledged under morts
,700,800
Cash
334,962
Due by
—
&
indlvid'ls.
—
Real estate bonds
Due for current oper's
&ccrned rentals (b int.
Matured Interest
agents, com-
panies
Supplies
LiabilUies —
$3,882,000
Capital stock
7,000,000
First mort. bonds
5,000,000
First consol. M. bonds
General mort. bonds. 13,000,000
,025,022
281,823
Bills payable
Profit and loss
90,000
1,189.621
453,902
15,475
6,260,081
2,086,972
nett and John L. Hall they constitute a board of trustees to manage
the road for the creditors for, say, two or three years, and at the expiration of the period named trustees be annually elected by the
storkholders. Creditors of the Middleboro road may underwrite preferred stock at 90 up to the amount of 20 per cent of thMr claims
against that roaa. Creditors of the Bristol County may underwrite
preferred stock at 90 up to the amount of 30 pur cent of their claims.
The plan is based on the following financial statement of
the present status of the properties and the beli'»f that given
the gross earnings shown below for the year ended Sept. 30,
1903, the operating expenses should be reduced so as not to
exceed 65 p. c. of the gross, leaving net earnings and surplus
for stock as below or better:
Oaptlalitalion, etc.— Miles.
Stoch.
lit M. B%.
Float' g dt.bt.
$1.»0 000
M. W. A B. B
$700 000
22
$150 000
B. C
17
200.000
200,000
480,000
$37,978,051
—Since April 30, 1904.
been increased from $13,000,000
Note
this item, general mortgage bonds, has
to $18,000,000, and bills payable
reduced from $6,260,081 to $1,760,081.
* "Equipment and oonstrnctlon"lnoluaeB: Equipment, $703,038. and
oonstrnctlon, as foilows: General account. $3,079,439; East Belt Line,
$280,792; West Belt Line, $1,417,911; Illinois Transfer RB,$317..
439; St Louis B«lt & Terminal Ry., $1,103,911; Granite City & Madison Belt Line
BR
,
$574; total, $12,10^,099.
"Stock owned" inclufies stock of following companies: St. Louis
Merchants' Brllge Terminal Ry.. $1,115,200; St. Louis Belt & Terminal By., $1^0,000; Granice City & Midlson Belt Hae Rfi.,$ 12 5.000;
Louisiana Purchase Exposltiim C)., ti^O.OOO; East St. Louis A Caron
t
delet By., $1,250,000; total, $2,700,200.
Compa'-e bond offering of
383.— V,
J. P.
Morgan
&
Co., V. 76, p.
79, p. 213.
39
Total
Gross
Eamings(net\est.)— earnings.
M. W. Ail. B
$56,881
B,
C
57,639
Total
Claims
$114.B2flr
may
$350,000
Net
1904.-V.
$350,000
$1,180,000
Balance
Bond
interest.
$2,227
8,713
$10,161
6,461
$17,523
$40,082
Taxes,
$7,510
10,000
(est )
$19,908
20,174
$5,910
$16,622
for stock.
be deposited with the Chairman of the com-
mittee in exchange for receipts for
1,
$37,978,051
[Vol. Lxxix.
common
stock
up
to
Aug.
78, p, 2383.
Chicago Burlington & Q 111 Dcy BR.— Called JBonda.—The
Trust Co. of Boston will p-y at par on Aug. 1
Denver extension 4 per cent bonds due Feb. 1, 1922, to the
following amonnt-s, viz.: |100.000 in |l,000 bonds and |1,900
in $100 bonds.—V. 79, p. 268, 211.
New England
City & Snbarban (Electric) Ry., Portland, Ore.-CoTwoKdation. —The sharehilders will vote Aug. 15 on a proposition
to sell the capital stock to a new corporation that shall control alsotbe Portland Railway, thus bringing the entire street
railway business of the city and suburbs under one control.
It is expected that A. L. Mills, President of the Firot National
Bank of Portland, will be the President of the new company,
and C. F. Swigert, Vice-President and General Manager.
75, p. 497.
GENERAL INVESTMENT NEWS
RAILB0A»8« INCLUDINe STREET ROADS.
Atlantic Coast Line HR.— Purchase.—The Florida Railroad Commission has approved the nropositioa to purchase
the Jaoksonville & Sou •^h western RR,, extending from Jacksonville to Newberry, Fla., 88 miles.— V. 78, p. 1781.
Aagasta(6a.) Union Station Co.— Bonds.-Thiscompany,
whose station is used by all the railroads entering Augusta,
has made a mortgage to the Safe Deposit & Trust Co. of Baltimore, as trustee, to ee?.ure $250,000 of first mortgage 4 p. c
gold bonds, of which |225,000 are outstanding. These bonds
are dated July 1, 1903, and are due July 1, 1953; interest payable Jan. 1 and July 1 at office of trustee; denomination,
$1,%0 or multiples. Uader their operating con'ract, the
railroads using the station fnrnish the amounts to pay the
interest on the bonds.
President, Th'^mas K, Scott; Secy,
and Treas , Carlton Hillyer, Augusta, Gi.—V, 78, p, 2333
Bristol Connty (Mass.) Street Bj.— Reorganization Plan.
A committee cons stiag of Charles A. Vialle, Chairmar), 95
Milk St. Boston; George H. Newhall, Sesratary; Edward P.
Metcalf, Frank C. Wood and Chas. F. Choate Jr., in a circular addressed to the holders of the floating debt of the Bristol County Street Ry. Co. and the Middleboro Wareham &
Buzzards Bay Street Ry., say in part:
The properties are in good physical condition and there is a valuable equity, your committee believe, in each, above the bonds. It is
therefore for the Interests of the creditors to have them operated In
their interest until such time as it seems feasible to dispose of them to
advantage. The earninge for the year ending Sept. 30, 1903, are such
as to show a fair return upon the stock of the holding company suggested in the plan sent herewith, and with increased fari-s and more
economical administration the committee believe that far better re-
—
sults
can be shown.
The reorganization provides in substance as below:
The Middleboro Wareham A Buzzards Bay By. run'i from
Middleboro Center to Monument Beach, In the town of Bourne It owns 21
miles of single track and operates over about 4 miles of ths track of
the New Bedford A Onset Ry. It has no power station and purchases
Its power from the New Bedford A Onset. The Bristol County Street
By. runs from Tannton to Aitleboro, owning 16 miles of single track
and a power station.
It Is proposed to form a seourlties or holding trust under the name
of the Southeastern Electric Companies, on the plan of the Massachusetts Electric Companies, with a preferred stock and a common stock
and having as assets all the stock of the two railways; to ofter to
creditor of the Middleboro road common stock ot the trust in exchange for claims allowed by the receivers on the basis of 50 cents on
the dollar and to creditors of the Bristol County Street Ry. common
fitock on the basis of 100 cents on the dollar. In order to accomplish
the above, the receivers to sell both properties subject to the respective mortgage deeds and to purchase said properties at such receivers' sale in the interest of the holding trust at such price as may
be possible. It will be necessary. If the railways are thus purohaHcd,
to raise approximately $150,000 in cash to settle prior claims anl
necei^sary expenses. This shall be raised by a snflljlent Usue of preferred stock of the trust, which shall be preferred Id liquidation up to
Mr and be preferred in dividends out of the earnings up to 5 per cent.
The amonni of thw common stock of the holding trust distributed in
exchange for claims may be roughly estimated at $700,000.
It is feasible and, we think, expedient to build a connecting line
from Taunton to Middleboro, a distance of about 11 mllew, which will
cost from $150,000 to $175,000, and to build a power houje to operate
the Middleboro road; but these expenditures may be deferred. The
Bristol County has the right to build through Seekonk to the Rhode
Island line and Is now so operated as to run Its oars to Pawtucket. The plans above set forth would probably admit of running
through cars from Pawtucket through Attieboro, Taunton and Middleboro to Buzzards Bay, a total distance of about 50 miles. The committee suggests that by adding to Us numbar Receivers John T. Bur-
EvansTille Princeton
Name.—See
&
Indianapolis Railway Co.— New
& Princeton Traction Co.
below.
EvansTllle & Princeton Traction Co.— Change of Name.—
The Evansville Princeton & Indianapolis Ry. Co. was inoorporated in Indiana on July 20 with nominal ($12,000) capital
Princeton Co., the
stock as successor of the Evansville
same interests being in control. Branches are proposed to
Evansville
&
and New Harmony.- V. 77, p. 2389,
Fort Wayne & Sonthwestern Traction Co.— Merger.—
Steps have been taken to merge the Fort Wayne Electric
Light & Power Co., whose capital stock is $"500,000 (compare
V. 70, p. 272), with the Fort Wayne & Southwestern Traction
Osvensville
Co. "^Both companies, we are informed, will be taken over
by the Fort Wayne
Wabash Valley Traction Co. (V.
joint power station i3 to be built at a coat of
78, p. 2011),
about $1,000,000. Amoog those interested in th« merger are
J. Lwering Janes, Randall Morgan, T. Henry Dixon, Ervin
& Co., and others of Philadelphia; William F. Sneehan of
New York and Joseph B, Haver of Baffalo James Murdo3h of Lafayette, and several Fort Wayne men. To a considerable extent the same interests are identified with the
Terminal Co, and Indiana Union
Itidianapolis Traction
Traction Co,, but no general amalgamation is probable in the
&
later
A
;
&
near future,— V. 79, p. 151.
Port Wayne & Wabash Valley Traction Co.— Sse Fort
Wayne & Southwestern Traction Co. above.— V. 79 p. 151.
(^ainesTille Jeffersoa & Ssothern RB.— Payment of Ou3ranteed Bonds. Special Master Samuel C, Daulap gives notice to the holders of those first and second mortgage bonds
which are indorsed by the Glsorgia RR. Co. that said bonds
will cease to bear interest after Aug. 15, 1901, and that the
balance due on said first mortgage bonds after they are credited with their pro rata of the proceeds of tbe s)le of the
mortgaged property, anl the second mortgage endorsed bonds
in full with accrued Interest to Aug 15, 1904, will ba paid on
or after that date on presentation of sa'd bonds either at the
oflBce of the Louisville & Nashville RR. Co., 71 Broadway,
N, Y. City, or at G-dorgia Railroad Bank, Augusta, Ga.
—
V. 79,
p. 269,
151,
Uoaston (Tex.) Electric Co.—No Dividend Aug i.—The
company has decided not to pay on Aug. 1 the usual semiannual dividend of 8 p. c. upon th'^ preferred stock. It is
hoped to resume distributions next January. The failure to
earn a dividend the last half year is attributed to (1) " Jim
Crow" law
population
people.— V
Illinois
Nov. 1, causing boycott by colored
unsuccessful strike
(3) boycott by white
in effect
;
(2)
;
76, p. 831.
Southern Ry.
New Mortgage.— The mortgage
is made to secure a
authorized late last year (V. 77, p. 451,)
total issue of $5,000,000 of first mortgage 50-year 4 per cent
gold bonds, dated Dec. 1, 1903, interest payable June 1 and
Dio. 1 at the agency of the company in the city of
York. The bonds are not subject to call before maturity. Of
the bonds $4,000,000 was issuable at once to fund and pay
New
outstanding indebtedness and provide for improvements and
equipment, the remaining $1,000,000 being reserved for improvements and equipment during the calendar years 1904,
19 J5, 1906, 1907 and 19 J8 at not exceeding $200,000 annually.
The mortgage authorized June 18, 1901, was never executed,
nor were any of the bonds therein provided for issued, so
that there are no prior liens on the property.— V. 78, p. 1223.
—
:
July
THE CHRONICLE.
30, 1904.
Illinois Tannel Co. of Chicago.— Purchase of Terminal
Propfrty.— Assumption of Bonds.—The " Chicago Econo-
mist " says
The Illinois Terminal
Oo. has purchased from the Chicago Dock Co.
block 74, school section addition to Chicago, for $2,500,000, and •will
Immediately begin the construction of warehouses and other Improvements by which it will make efleotlve Us plans for storing and
delivering freight by means of Its 20 miles of tunnels under the streets
of Chicago. The company will get possession of part of the property
Sept. 1. The company wtU assume as part of the cash consideration
all the ODtBtanding bonds of the Chicago Dock Co., amounting to
f 665,000 bearing Interest at 4 p.o and payable in 1929 [but subject to
call at 105 and lnter*=st; interest payable In April and October at
Northern Trust Co., Chicago. Compare V. 68, p. 333]. The grantor
corporation will use part of the property, retaining it under lease
until it shall have constructed or secured suffloient space elsewhere to
accommodate its business.
The tunnel company will have plans prepared at once for an enormous warehouse to cost approximately $1,500,000. The land pnr-
ohased comprises an area of about 265,000 square feet. It extends
north from Taylor St. 389 feet, having a frontage of that many feet on
Stewart Av. to the west and a frontage of a little more than that number of feet on the Chicago Blver. The land Is Improved with many
buildings of various dimensions and helghtB, as well as steel storage
tanks for the storage of grain.
The oompany is also proceeding with the establiahment of
its telephone system in the business district of Chicago ; but
while 10,000 telephones will, according to the officials, soon
be installed, the telephone business is now considered a side
issue.— V. 78, p. 1497.
& Sonthwestern RB.— iS'a^e.— See
JaeksoDTllle
Coast Line RR. above.— V. 77, p. 89.
Atlantic
Lancaster Connty Railway & Light Co.— For the year ending June 80 earnings of the Oonestoga Traction Co. were:
501
through West Farms, Westchester, Bay Chester. Pelham Manor, Pelham, New Rochelle, Larchmont, Mamaroneok, Harrison, Rye to Port.
cheater rn the New York-Connecticut State line, with branches as
aforesaid. The north branch traverses the hitherto undeveloped section lying between the Harlem and New Haven railroads— a section
heretofore almost entirely without transportation faollities. which
win become immediately available for homes for large numbers of
persons of moderate means.
The road is to be operated by electricity throughout Its length, the
third rail system being uned. There will be four tracks, two for loeal and
two for exprees trafllc. It is planned that the local trains shall maintain
a speed of 45 miles an hour, while the express trains will attain 60
mlle« an hour. In the city there will be about six stations between
the Harlem and the Bronx rivers, and »t least four stations between
the Bronx River and the northerly line of New York City as now fixed.
The road will be equipped throughout with the automatic electric
block Hvstem of latest type. In order that every possible interchange
of trsflSo may be made with the present Rapid Transit Subway or ihe
new East Side Subway, the track and rolling stock of the Westchester
Railroad are to be electrically equipped similar to the city subways.
The railroad is to be built over private rieht of way fenced in, with no
grade croeslngs on streets, highways, private roads or railroads; rail
90 lbs. to the yard, laid upon tie plates on oak ties, ballasted throughout with broken stone. The bridges, culverts and crossings are to be
stone, concrete and steel oonstruotlon; stations of stone, brick and
steel construction.
The cars used will be seml-oonvertlble. making the cars cool for
summer travel. They will be built of steel and fireproof materials,
vastlbuled at each end; the interiors fitted with toilet rooms, lavatories and bundle racks. The trains will consist of passenger, baggage and smoking cars.
Opkbatiohb.— The company will operate a train schedule on the
line during the rush hours, morning and evening, on a headway
of five minutes, and during other times of the day the headway
win be snfflclent to accommodate all trafflo. The ordinance passed by
the Board of Aldermen requires that the company ehall carry paseengers between all stations within the city limits for a uniform rate of
five cents. The fares for other trafflo outside the city limits will be
considerably lower than those charged by the steam railroads for the
mam
same distance.
Pbksonnkl.—The President Is William L. Bull, formerly President
of the New York Stock Exchange and now senior member of the bank96-2 ing house of Edward Sweet & Co. The oompany has the strongest
-V. 77, p. 951.
SOBslble financial backing. In addition to the New York syndicate,
nanolal interests in England are interested In the project, and the
Madison (Wis.) Traction Co.— Bonds Offered.— The Wis- board of directors will consist of men whose names will guarantee the
Milwaukee is offering a permanent strength of this Immense project.
Security Co. of
consin Trust
The general supervision of the construction of the road will be unblock of the first mort. 5 p. c. bonds of 1901.— V. 73, p. 663.
der the direction of Vice-President Samuel Hunt, who is one of the
New Bonda of Leased trustees for the city of Cincinnati of the Cincinnati Southern RR.
Massachn setts Electric Companies.—
Line.— See Newport & Fall River Street By. below.—V. 79, and has had charge of large construction operations for the Missouri
Pacific and other railroads. The engineering plans and soperlntendenoe
p. 313, 103.
of the enterprise are to be under the direction of Mr. John Bogart,
formerly State Engineer of New York.
Middleboro Wareham & Buzzard's Bay Street By.—
Plan.— See Bristol County Street Ry. above.— V. 78, p. 1109.
The contractor who will build the road is James P. McNew England Rli.— Refunding— Proposals Asked.—To re- Donald, who has had 25 years' experience as an internafund the $lO,00O,n00 of first mortgage bonds ($6,000,000 of 7s tional railway contractor, having built a large number of
and $4,000,000 of 6e) due Jan. 1, 1905, the company offers for steam railways in the United States, West Indies and South
sale $10,000,000 of its consolidated mortgage (after Jan. 1, America. "He will put 15,000 men and all the necessary plant
1905, first mortgage) bonds of 1895 with interest reduced from to work on the railway as soon as the right of way can be
obtained." His contract calls for completion of the road
5 to 4 p. c. The circular of July 22 in substance follows :
Proposals will be received until noon of Ang. 1,1904, for the pur- within two years.
It is the present intention of the financial interests behind
chase of $10,000,000 ooneolidated mortgage bonds, coupon In form,
$1,000 in denomination, interest 4 p. o. per annum, payable seml- the company to bid for the construction and operation of the
annnally on Jan. 1 and July 1. Principal matures July 1, 1945.
These bonds are part of an authorized issue of $17,500,000, of proposed East-Side Subway, which will extend from the
which $5,000,000, bearing interest at 5 p. o have been Issued and are lower end of the city, up Broadway, Lexington Avenue to
now outstanding. Ten mtUions of said l^sue were reserved for the the Harlem River. This would enable the Westchester
purpose of retiring at maturity, Jan. 1, 1905, $6,000,000 Arst mort- Company to have physical connection at about 138th St. and
gage 7s and $4,000,000 first mortgage 6s; and $2,500,000 are reserved
Third Ave. and make possible also an interchange of cars
for additions and improvements, and have not yet been sold. The
$10,000,000 for which proposals are Invited are reduced In rate of in- and the operation of through trains from White Plains and
terest from 5 to 4 p. 0., but In all other respects are Identical with the the cities and towns along Long Island Sound and the Bronx
$5,000,000 now outstanding, and will bear the same endorsement as
to payment of principal and interest by the New York New Haven & to the Battery.— V. 79, p. 370.
Hartford RR. Oo. [Compare V. 64. p. 611.]
Newport & Fall River Street Rj.—Neu) Bonds.— Tbia
Bale will be made to the highest bidder, but the right Is reserved by
the company to r« Jeot all bids, if prices are unsatisfactory. The bonds company, whose property is leased to the Old Colony Street
•will be delivered on Deo. 81, 1904, but the right to make exchange of
Ry. Co. (Massachusetts Electric Companies), recently made
the bonds maturing Jan. 1, 1905, for these bonds prior to that date a mortgage to the American
Loan
Truet Co. of Boiton, as
win accrue to the successful bidder; said exchange to be made with
equitable adjustment of Interest. Payment in cash or in the maturing trustee, to secure $1,000,000 4i^ p. c. gold bonds of $1,000
bonds will be required upon delivery, or In accordance with such each, dated July 1, 1904, and due July 1, 1954; interest payspecial arrangement as may be agreed upon. Propof als should be able Jan. 1 and July
1 at office of trustee.
Of these bonds
addressed to O. 8. Mellen, President.— V. 77, p. 1226.
$303,500 will be reeerved to retire at or before maturity the
New York New flaven & Hartford fLR.—Refunding.—See following underlying bonds: Newport & Fall River 1st mortNew England RR. above.— V. 79, p. 270.
gage 68, due Aug. 1, 1918, $240,000; Newport Street Ry. let
New York & Pennsylyanla R&Uifaj.— Consolidation.— 58, due Dec. 1, 1910, $50,000; Illuminating Co. 5s, due Oct. 1.
Under this title, with $570,000 capital stock, have been 1925, $68,500. An additional $190,000 of the new bonds will
merged the New York
Pennsylvania Ry. Co., Sharon & be given in exchange, dollar for dollar, for the bonds now outCeres RR. Co. and Sharon
Ceres Terminal RR. Directors: standing under the mortgage to the Ameri«an Loan & Trust
President, Theodore Cobb, Spring Mills, N. Y
Benton McConell, Co., dated Oot. 1st, 1902, which is to be canceled as soon as
Harry M. Cook, Hornellsyille. N. Y.; Pordyce A. Oobb, Howard Cobb. said bonds are turned in.— V. 79, p. 213.
Oross.
Oper. expenses.
Net.
$468,762
409,182
$244,415
248.599
$324,347
160,583
Tear,
1903-4
1902-3
Miles of road.
100
&
,
&
&
&
;
M
Ithaca; Wm. Oobb, Wm,
Cobb, Ahrllng Cobb, Ohnrohlll Oobb,
Spring Mills, N. Y.-V 78, p. 2012.
New York
Westchester & Boston (Electric) Rj.— Franchise Voted.— The Board of Aldermen on Tuesday granted,
by a vote of 62 to 8, the application of the company for permission to cross the streets of the Bronx.
Securities. The shareholders of the company voted on
Tuesday to increase the capital stock from $1,000,000 to $20,000,000, all of one class; par value of shares, $100. A mortgage is being drawn, with the Knickerbocker Trust Co. of
New York as trustee, to secure $20,000,000 of first mortgage
5 per cent gold bonds, to be due in 50 years, but subject to
call at the option of the company in 1£09, or any interest day
thereafter, at 110; denomination, $1,000. The present bond
issue will be $15,COO,000, Dick & Robinson, bankers, of New
York and Philadelphia, having already arranged to furnish
$13,500,000 on account of the same, "which eum will be immediately available apon the approval of the present ordinance by the Mayor of New York."
Prospfclu^.— Dick & Robinson have Issued a statement
—
& Western Rj.— Bonds.—The new " divisional
and goneral'mortgage " is made to the Mercantile
Trust Co. of New York as trustee and secures $85,000,000 of
4 p. c. gold bonds of $1,000 each, dated July 1, 1904, and due
Norfolk
first
lien
July
1, 1944, but subject to call after Jan. 1, 1929, at 105; interest payable Jan. 1 and July 1 at office of trustee; coupon
bonds convertible Into registered bonds and vice versa.
V.
79, p. 213.
Pittsborgh Virginia & Charleston By.- Application to
The New York Stock Exchange has been requested to
ll6t the $8,000,000 first mortgage 4 p. c. bonds of 1948.— V. 79,
List.
—
p. 152.
Portland (Ore.) Rj.— Amalgamation.— See City & Suburban Ry. above.— V. 75, p. 1855.
Toledo Bowling Green & Soathern Traction Co.— Trackage to BuHineis i^ection of Toledo.— A contract has been
made with the Toledo Railways & Light Co. for the use of
the latter 's tracks by the Toledo Bowling Green & Southern
saying in part:
from the terminus of its line in Toledo to the business section
Road and Eqcipmemt — The main line as now projected, from 138th of the city. The Toledo Railways & Light Co. will receive
St. to Portchester, will consist of 25 mlleB^ with branch from Pelham,
three cents for each passenger so carried in the city and the
via Mount Vernon, Soarsdale. etc to White Plains, 13 miles, atul
brarph to Olason's Polr.t anrl Throag's Nsck, 6 miles, the four tracks T. B. O. & S. two cents. As part consideration, the Bowling
making the total mileage 176 miles. The charter of the oompany per- Qreen company agrees that the 2}4 miles of its track
mits It to build from the Harlem River, 129th Bt, New York City, on private right of way within the city limits shall be
.
—
—
THE CHRONICLE.
502
held by a trustee to be named by the Railways & Ltfi;ht Co.
as a f^nnranty agalnnt its being need as part of a rival city
txolley Byatem.— V. 79, p. 271.
West riieMer Kennettft Wllmioirton Electric Ry.— Receiver'* Certificates,— Judge McPherson, in th3 United States
CiTcnit Conrf. at Philadelphia on July 22, authorized Re-
oeWer Bayard H^nry
to isene |29,017 of first lien 5 p. c. reoei er'a certificates for repairs and new machinery. The receiver places the company's indebtedness, including mortgages judgments, etc^ at $676,452; cash in bank only $153,
—V.
[Vol. lxxix.
assessable stock, par value of shares £1. Compiny Incorporated under the Eoglieh Companies Acta 1862-1893. John
B. Dudley Ryder, Chairman.
Principal office,
Great
Winchester St., London, E. C.
Transfer office, Federal
Trust Co., Boston; Place of Registration, State Street Trust
Co,, Boston,
Boston & Montana Consolidated Copper & Silrer Mining
Co.— Extra Dividend. The company last week paid the regular quarterly dividend of |2 a share (8 p c.) and an extra
dividend of |3 a share (12 p, c), being a total of 20 p. c,
^
—
on the $8,760,000 capital stock, a maj trity of which is owned
by the Amalgamated Copper Company
The rate has been
shareholders will meet on Aug. 10 to authorize the issue of 82 p. c. ppr annum since early In 1808, contrasting with 24
the 1 160,000 stock recently sanctioned by the State Bail- p. c. in 1902, 140 p. c. in 1899, in 1900, 172 p. c, and in 1899,
144 p,
V. 74, p. 888.
road Commi^ion.— V. 79, p. 271, 214.
Bntler (Pa.) Water Co.— Ghuaranteei Bonds— Status
A block of this company's 6 p. c. gold bonds, guaranteed unINDUHTRIAL. OAS AND MISCELLANEOUS.
conditionally, principal and Interest, by the American Water
Amalgamated Copper Co. Extra Dividend Paid by Bos- Works & Guarantee Co. of Pittsburgh, is offered at 103>i by
ton & Montana. See that company below. V. 79, p. 214, 149. Cameron Currie & Co. of Detroit, who say:
Bonds dated Sept 2, 1901; due Sept. 2, 1931; principal and Interest
Aiii»>rioan Oil Eogine & Shipbnildiog Cn.—Suceei>aor (March and Sppt.) payable at Farmers' Loan & Trust Co., New York
Comp my.— ThiB company was organized on June 18, 19i'4, (coupon). Financial Statement— Capital stooft, $100,000; bonds
tinder the laws of Maine, with $6,000,000 of authorized capital authorized. $750,000; bonds held for betterments, $229,000; bonds
be called
79. p. 105.
West End Street Railway, Bofiton.— New Stock.—Tbe
c—
—
—
stock, in shares of |100 each, as successor of the laternational Power Vehicle Co. of Stamford, Conn. (V. 78, p.
232). Of the stock, |2,000,000 ia preferred; outstanding,
first mortgage
$4,000,000 common and $75,000 preferred.
has t)een made to the Manhattan Trust Co., as trustee, to
secure $100,000 of 4 p. c. gold bonds of $1,000 each, dated
July 1, 1904, and due July 1, 1924, without option of earlier
redemption; interest payable Jan. 1 and July 1. The follow
A
ing has been
—
confirmed:
officially
Tbeoompany has pnroliaaed the Wheelook engine
plant at Woroea-
Maea. from the International Power Company, the parent company of the American & British Mfg. Oompany This plant had been
announced as snid to the Merrltt Air Brake Oompany, formerly of
Brooklyn, bnt there was a hi' eh In that transaction after It was anp.
posed to have been closed. The American Oil Engine & Shlpballding
ter,
Oompany annonnces
that It will build Its engines at Worcester, Including the O. K. engine, the rlehts to which It has Just acquired from
the American & Brltlab &If g Oompany. The Staoiford plant will be
oontlnned for the building of power boats, which will be equipped
with the company's oll-oombnstlon engines.
Walter P. Hatch of Stamford is the President of the new oompany
and William M. Hoagland Is the Treasurer, with ofBoe at No. 72 Broad
way. New York.
American Water Works & Guarantee Co., Flttsbnrgrb.—
Ouaranteed Bonds— Status.—Ca.meTon Currle & Co. of Detroit, who are offering for sale various bond issues unconditionally guaranteed by this company (see Joplin Water Works
Co., Bacine Water Works Co,, Birmingham Water Works
Co. and Butler (Pa.) Water Co. elsewhere in this column),
make the following statement regarding
Works & Guarantee Co.:
the American Water
The above water works bonds are unoondltlonally guaranteed, prinand Interest, by the American Water Works di Ouarautee Oo. of
Pittsburgh, Pa which has a paid-up capital of $2,000,000 and a surplus and undivided profits of $1,600,000. Said oompany was chartered In 1882. and during Its rwenty-two years of successful operation
there has never been one day's delay In payment of principal or Interest. It owns and operates thirty-seven water works plants In the
United States, and by Its long years of experience has reduced the
cipal
Issued, $921,000
These bonds can
any time up to 1911, and after that at par,
use In case the plant Is sold to the olty.
at 103 and Interest at
but this clause Is only for
Central Oil Co.— A'b August Ditndend.— The directors have
decided to omit the August dividend of 25 cents per share
and to use the money in connection with the new refinery at
Spindle Top, Texas.—V. 73, p. 186.
Chicago Dock Co.—Sale of Block 74— Bonds to be Assumed by PwrcTmser.—See Illinois Tunnel Co. under "Railroads" above."— V. 68, p. 833.
Colonial Sngars Co.—FHrst Ditn'icud. —From the results of
the flgoal year ending June 30 a first dividend of 2 per cent
was paid on July 1 on the $2,780,000 ou'standlng stock. The
output of sogar for the year was 122,000 bags, as against
116,000 the previous year and 100,000 the year before. The
company is making extensive improvements, adding further electrical installations and new machinery costing
$500,000, which will increase the output during the current
year, should weather conditions for grinding the cane be
favorable. Compare annual report for eight months ending
June 80, 1908, in full in V. 77, p. 1224, 1227, 1239.
Colorado Fuel & Iron Co.— August Coupon.— The coupon
due August 1 on the convertible debenture bonis will be
paid at maturity, presumably with funds advanced by the
reorganization committee, as was done with the February
coupon. The interest on the assented bonds will be paid at
the New York Security & Trust Co. and on the unassented
bonds at the Knickerbocker Trust Co.—V. 78, p. 1964.
Consolidated Gag Co., New York.- Term* of Proposed
Purchase.—See United Gas Improvement Co. below.— V. 79,
.
operation of its plants to a science, getting the
the minimum cost.—V. 78, p. 1908.
Anstin (Tex.) Water, Light
maximum
results at
& Power Plant.— /Vopo-
—A
aition to Lease Municipal Plant.
committee of Austin
men, consisting of A. P. Woolrldge (Chairman), Lewis
Hancock, A. J. Eilers, Geo. W. Littlefield, Francis Fisher,
John Orr, James Belger and Walter Tips, recently reported
favorably upon the proposition to lease the city's water,
light and power plant to Dr. John N. Jacobs of Lansdale,
Pa. As the proposition now stands the lease is to run for 60
years. Dr. Jacobs to discharge at maturity the entire existing
bonded debt ($1,420,000) Incurred by the city for the building of the dam, and to pay the interest thereon as it accrues
(said interest to the maturity of the bonds aggregating
11,428,000) also to rebuild the dam and power house (estimated cost |5O0,O0O), the city to reimburse him at the expiration of the contract for the appraised value of permanent betterments, including the dam and power house. The
dam was washed away in 1900 and the electric plant has
since been operated by steam at increased cost. The net earnings (all ex lended for improvements) have been: In 1898,
$57,413; in 1899, $44,804; in 1901, |30,912; in 1902, $45,322;
in 1903, $54,782. The adjustment of rates to a profitable
basis is a part of the plan.— V. 76, p. 974.
p. 105.
CoDBolidatlom Coal Co. of Maryland.—iVeu) Mortgage.—
-iking of
18, 1904 authorized the
a new mortgage to secure $7,600,000 of A14 P> c. bonds, the
Standard Trust Co. of this city to be trustee. The bonds
will be dated May 1, 1904, and due May 1, 1934, but subject
to call at company's option at 110; Interest payable in Nov.
and May; sinking fund, 4 cents per ton of coal mined. The
mortgage will cover the controlling interests acquired in the
below-mentioned companies, as well as having a blanket lien
on the entire property. The bonds will be applied as follows:
1. To be Issued to reimburse Bait. A Ohio for purchase of
a Control of Somerset and Fairmont Coal oos. (compare
m
The shareholders on June
V. 78,
p.
93,300,000
1271)
stock of Metropolitan Coal Oo. of
) of
(See page 499)
750,000
2. Reserved to retire existing bonds at or before maturity:
750,000
a Consolidation Coal Oo. 4^ p. o. bonds, due In 1922
6 p. c. bonds, due In 1921.. . 1,000,000
b Cumberland A Penn.
1,700,000
8. Reserved for future requirements
b Control (51 p. c
Boston.
RR
;
—Birmingham (Ala
Status.— A circular
)
Water Workfi Co.— Ouaranteed Bonds
issued by Cameron Currle & Co. of
Detroit, offering a block of this company's 5 p. c. gold bonds
at par and interest, which are guaranteed unconditionally,
principal and interest, by the American Water Works
Guarantee Co., of Pittsburg (which see below) gives the
following information
Bonds dated Aug. 1. 1899, due Aug. 1, 1939, principal and Interest
(Feb. and Aug.) payable at the Farmers' Ix)an A Trust Co., N«w York.
Denomination, $1,000. Oapltal stock, $l.fi0<>,0i>0 Bonds authorized,
92,5C0,000; bonds held for betterments. $337,000; bODde issued, $2.163.000.
Earnings 1904: Oross Income, $256,53 <!; operating expenses and Interest charges, $203,199 net earnings, $53,333.
Tbese bonds are subject to call at 106 and interest any time
until Aug. 1, 1909, and thereafter at par and interest.
&
:
;
V.
78, p. 1169.
Acquisition,— See Eastern Coal Co. of Providence below.—
V. 78, p. 1277.
Consumers' Gas Co. of Toronto.— iV;?t« Stock.—The shareholders will meet Aug. 16 for the purpose of authorizing an
increase of the capital stock. In pursuance of the requirements of the Act passed at the last session of the Oatario
Legislature. Said Act empowered an increase from |2,O0O,000 to $5,000,000.—V. 78, p. 345.
Crnclble Steel Co.— Ptans.— The Pittsburgh "Press" states
that the directors are considering the advisability of making
a new bond issue to provide for the retirement of $5 000,000
6 p. c. Syear and 5-year bonds, said to have been is-«ned last
November, and for funding floating debt V. 79, p. 164.
Dominion Iron & Steel Co.— End of Strike— Oa July 22,
about l,Of men having already returned to work, the grand
sub-council of the Provincial Workmen's Association of
Cape Breton formally declared the strike at an end. The
company makes no promises except to take back as many
men as possible at the old wages.
Bounties.— The Canadian Minister of Trade and Commerce
recently made public a statement showing that the company
has thus far receivecl bounties aggregaliuij $1,721,560, viz.:
Tear—
Tear—
—
1901
$162,484
1903
»1,202,37»
161,271
186,416 1904 (5 mos
Boston Connolidated Copper & Gold Mining Co Limited. 1902
On Boston UrUtsted. The Boston Stock Exchange h>i8 adThe Minister has given notice of his Intention to iatroduoe
mitted for quotation on the unlisted sheet the receipts of the a bill to extend the bounties to covt- r steel rods for export as
Federal Trust Co. of Boston for this company's £500,000 non- well as those for home cod sumption.- V. 78, p. 2842.
—
—
,
)
——
—
July
THE CHRONICLE.
30, 1904.]
503
payable on Aug. 1 before the full amount of inEastern Coal Co. of ProTidence.— Control.— The report the usual dividend, upon, as well as the Uabllirlea to be provided fop
come TO be depended
December that this company had been or was to be sold as above, are neflnitely ascertained. The dlreotora see no reaaoa to
anticipate any Interruption of the dividends of the company beyond
to the CoESolidation Coal Co. of Md. or its friends (V. 77
posaibly that for the laat quarter, the declaration of which Is now dep. 1748) is apparently copfirmed by the recent election, to the
ferred.
board of C. A. Campbell, Vice-President of the Metropolitan
Charles Francis Adams of Boston is Chairman and Charles
Coal Co. of Boston (a subsidiary of the Consolidation Coal
and bis son. Jeremiah Campbell; also George E. War- Merriam, Treasurer. There are $750,000 convertible 5 p. c.
Co.)
ren and Lester H. Monks, both Boston men. R. B. Little, of bonds outstanding. See V, 77, p. 801.
Providence, remains as President. The oompany was organMaryland Telephone & Telegraph Co. President Webb
ized in December, 1901, with |1,000,000 of authorized capital Resigns. On July 22 George R. Webb resigupd as President
stock, of which |615,000 is said to have been issued, and took and member of the board of dire c'ors aud Dovid E. Evans,
over the bufiness of the Providence firms, R. B. Little «& Co., Vice President, was elected to succeed him. Mr. Webb, it is
the Pomroy Coal Co. and the Interstate Coal Co., all of said, plans to give more attention to the Pittsburgh & Allewhich had large plants for the handling of coal. See Con- gheny Telephone & Telegraph Co. and the Delmarvia Telesolidation Coal Co. above and in V. 77, p. 1748; also Metro- phone Co. of Wilmington, Del. On his return from Europe
politan Coal Co. above (page 499).
next October, he is expected to finance the electric light and
Eastern SteamPhip Co.— Lost Vessel Fully Insured.— The power project of the Maryland Telephone & Telegraph Co.
ateamphip City of Rockland, which was wrecked on July 26, This work, it is said, will require the making of a new mortwas built in 1901, and was one of the company's best steam gage for $6,000,000, of which a large part will he issuable only
She is reported to have been fully insured, so that the to retire a like amount of existing bonds.— Compare V, 77,
ere.
la3t
—
loss is only in
are
all
current revenue. The oompany, whose vessels
its best season this year.— V. 78, p. 586.
new, has had
Eastern Steel Co., PottSTille, Fa^—Stock and Bonds —
The shareholders voted on Jaly 26 to increase the capital
stock from $5,7(0,000 (consiptiDg of $3,500,000 common, $2,000,000 1st preferred and $200,000 2Dd preferred) to $9,400,
common,
$4,500,000 of 1st preferred and $200,000 2nd preferred. Convertible 25-year 6-percent debenture botds to the amount of $3,500,C0() were al?o
authorized. The only on' pat of securities at the present
time under the above authorization will be an issue of
$1,500,000 of the debenture bonds, and for these the stockholders will have the privilege of subscribing.
President Veryl Preeton, in a statement to the shareholders, it is reported, said :
It will rf quire $1,500,000 to flnleh the plant. If two more openheartb tumaoes are addfd to the present four alieady Installed, the
plant will hive a oapaolty of 180,000 tons a year. There shoold be a
profit from the plant of between $1,000,000 and $1,500,000 a year,
exoluelve of the bridge works, which ahotild turn out about 25,000
tons a year.— V. 79, p. 106.
000, coEsistlng of $4,700,010
Electric lUomlnatlng Co. of Brockton.— iVew
Electric Commission has
Massachueetts Gas
given its approval to the issuing of $100,000 additional cap
ital stot k at $100 per share, viz: $50,000 to pay floating debt
incurred for additions and the remainder for the purchase of
the Whitman Light & Power Co.— V. 79, p. 215.
Edigon
Stock.
—The
&
Federal Telephone Co.
Liquidation.— The John A. Roeb-
of Trenton, N. J., and the Standard Underground Cable Co. of Pittsburgh are reported to|have accepted
in settlement of their claims against the Federal Telephone
Co., aggregating $624,000 on account of notes of the Reserve
Construction Co., $730,000 bonds of the United States Telephone Co., taken at 85 and interest. This transaction, it is
ling Sods
Co
p. 2096.
Merlon & Radnor (Pa.) Gas & Electric Co.— Mortgage,—
This company, controlled oy the United Gas Improvement
Co., has made a first mortgage to secure not exceeding
$2,000,000 of 5 p. c. 50-year gold bonds, dated May 2, 1904;
May and November; denominaOf these bonds there have been iseued $750,000,
and the rea ainder ($1,250,000) is retained by trustee to be issued only for extensions, improvements, etc. The bonds
are subject to call at option of company on May 1 or Nov. 1
in (and after?) 1914, at 105 and iiiterest. Mortgage trustee. Commercial Trust Co., Philadelphia.— V. 76, p; 1252.
due May
1,
1954; interest.
tion, $1,000.
Minneapolis (Minn.) Gas Light Co.
This company, which
New Mortgage.—
controlled by the United Gas Improvement Co., and which for a series of years has paid 8 per
has
cent per annum on the $800,000 capital stock,
made a first general mortgage to secure 5 p. c. bonds dated
Sept. 1, 1903, due Feb. 1, 1930; interest March and September; denomination, $1,000. The bonds are subject to call at
company's option on any interest day after 1914 at 105 and
interest. Mortgage trustee, Colonial Trust Co. of New York.
The authorized amount is $10,000,000, issued or issuable
only as follows:
Issued
f 1,000,000
Reserved to retire $3,000,000 consols of 1892, the only
underlying bonds
3,000,000
Balance, to be Issued for extensions. Improvements, etc.,
only
6,000,000
-V.
is
78, p. 1113.
Co., Janesvllle, Wis.— JWvidends.— This
company, controlled by the United Gas Improvement Co.,
has paid dividends as follows: Feb. 16, 1901, 6 p. c;
Feb. 25, 1902, 2^ p. c; Feb. 28, 1903, 2% p. c; June, 1904,
New Gas Light
23^ p.
c,
See taole, page 498.
—
amount due by the Federal Com
New fork Stock Exchange.— C/ianflre in Transfer Offices.
panv to $2,900,000, of which $2,000,000 is owing to the Ever- The Corporation Trust Co. of New Jersey, which, through
ett-Moore Syndicate and the remainder to outsiders.- V. 78, its re-inoorporation under the laws of that State is debarred
p. 1500.
by the terms of the so-called Brackett Act from serving as
Fort Wayne (Ind.) Electric Light & Power Co.— Merger, registrar or transfer agent in this Sate, has, in accordance
— See Fort Wayne & Southwestern Traction Co. under with the action taken by the Stock Exchange last week, arunderstood, reduces the
"Rallrcads" above
—V.
79, p. 272.
Greene Consolidated €Jold Co. —Stock Offering.— See page
and advertisement on page zi.
611,
Home Telephore Co., Da:fton, O.—Neu) 8tock.—The shareholders will vote Aug. 12 upon increasing the 5 p. c. cumu
latlve preferred stock from $400,000 to $600,000. There is
also $600,000 common stock. Compare V. 78, p. 1112.
International Power Co.— Sale of Wheelock Engine Plant.
—See American Oil Engine & Shipbuilding Co. above.— V.
78, p. 845.
International Power
American
Oil
Engine
Yehicle
Co.— Reorganized,— See
& Shipbuilding Co.
above.— V.
78,
p
232.
Joplin (Mo.) Water Works Co.— Bond OJ'criwgr.— Cam-
eron Carrie & Co. of Detroit are offering at par and interest
a block of this company's 5 p. o. gold bonds guaranteed ui:conditionally, principal and interest, by the American Water
Works & Guarantee Co. of Pittsburgh, which see above.
Their circular says:
Bonds datf-d Jiprll 2, 1900; due April 2, 1940. Principal and interest (Aprli and October) payable at the North American Trast Co.,
New York. Denomination, $1,000. Capital stock, $800 00«i; bonds
authorized. $noo,000; boi da held for bettermentB, $50,000; bonda
lasued, $7,^0,000. EarnlDga 1904: Orors Income, $78,048; operatlUK
expenaea and Interest char^^es, $62,439; net carnlnKs. $15,608.
The bonds are sut j-ct to oall at any time at 105 and interest up to 1910 and thereatter at oar, but this clause, we are
informed, is only for use in case the plant is sold to the oity
Kansas City Stock Yards Co.— Dividend Defe rcd.-Owing
to speotal cansep, the directors have deferred action on the
quarterly dividend of l*^ p. c, which ordinarily would be
paid in August, on the $8,260,000 stock. The official ex-
planation f.illows:
Owing to recent extreme hlji;h water In the Kaw River, followed Im
mediately by a strike of the paokloKhonae employeee, the traffic of
the Kannaa (;ity Stock Y»rda Co haa to a large "xtent been snapended
dnrlng the current nionih of Jnly. In view of thla setback, following
so closely on tae dlaorrroaa 11 >od of Jane, 1903, and also certain
heavy payments on account of oonstrnctlon to be met at this time,
the dire oturs of the oompany have not deemed It expedient to declare
ranged for the transaction of its stock transfer business by
the North American Trust Co. The Brackett Act was passed
by the last Legislature and forbids any foreign corporation
from acting as a registrar or transfer agent in New York.
New York & Westchester Lighting Co.— Purchase.— See
United Gas Improvement Co. below.— V. 79, p. 218.
Pennsylvania Soap Co.— New Stock.— The company has
increased its capital stock from $625,000 [of which $500,000
was 7 p c. cumulative preferred in shares of $100 each and
$125,000 common stock in shares of $25 each] to $1,250,000,
of wbich $1,000,000 is preferred; outstanding $750,000 preferred and $187,600 common. Two semi-annual dividends of
3J^ p. o. each have been paid on the preferred stock. The
company was organiz'^d in March, 1903, and acquired the
stock of tbe Charles F. Miller Mfg. C-»., of Lancaster, Pa.,
and the R. W. Bell Co. of Buffalo, N. Y. Charles A. Miller
is President; Secretary and Treasurer. J. G. Miller.
Office,
Lancaster, Pa. Compare V. 76, p. 1196.
—
Pennsylvania Steel Co.—Status. An officer is quoted:
For the quarter ending June 30 our output in value was 10 p. 0.
greater than during the quarter ending March 31. I look for at least
three months of flat business conditions, a situation not substantially
worse than the recent past nor much better. The railroad companies
as a rule ahow very ilttlu Inclination to go Into the market. They are
almost all, howoTer. very much behind In ordinary supplies, and
should general buBlneaa ahow any (|ulokenlng the time may come soon
when tbe railroad raunagemeiita will find themselves compelled to
give out considerable contracts for early delivery.
We have now delivered about 20,000 tons of rails to the Canadian
Pacific Ry. Co. unier the recent award. The railroad oompany htts
the option nf taking more rails at the same price but has not yet exercised it. We continue to secure somu new contracts, such, for Inntanoe, aa about half the tonnage of the new bridge at l{«^re de
Oraoe, Including the erection of the material which we manufacture.
V. 78, p. 1496.
—
Baclue (Wi«.) Water Co.— Guaranteed Bonds— Status.—
circular offering a block of this compiuy's 5 p. c. gold
bonds, guaranteed unconditionslly, principal and interest, by
the American Water Works* Gaarantee Co., of Pittsburgh,
has been issued by Cameron Currie «& Co, of Detroit, and
A
contains the following
Bonds dated Nov. 1. 1001. due Nov. 1, 1931, principal and intereat
(May and November) payable at the Farmers' L«an « Trust Co., New
:
—
THE CHRONICLE.
504
Bonda anthorlzed, $1,200jOOO '
Capital atook, $|tOO,000.
for bettermeiUs, §321,000; bonds IsBned, fS79,000. Earn
liiKal904: OroBB Iscotue, $49,516 operatlDK ezpenees and interest
charges, $69,234; net earnluge, $20,282.
York.
bonds beld
;
These bonds are subj -ct to call at 103 and interest up to
and after that at par, but only, we are informed, in case
the plant is sold to the city.—V. 72, p. 535 and V. 78, p. 232.
1911
Security InTestment Co., Pittsburgh.— See Westinghouse
& Manufaoturing Co. below.
Electric
Sor onto Coal Co., Chicago, 111.— Called Bonis.— Ten of
this company's bonds, drawn by lot, viz : Nos. 98, 99, 114,
118, 122, 123, 125, 184, 138, 144, were redesmable on July 1,
1904, at the ofiSce of the Commonwealth Trust Co., St. Louis,
Mo. Blden J. Cassoday is Secretary of the company; office,
Chicago,
111.
South Dakota Water Co.— Court Decision.—Sse "Sioux
Palls," S. D., on page 518, " State and City Department."—
V.
77, p. 827.
[Vol. Lxxix.
Terms of Westchester Sale.—The "Philadelphia News Bureau" understands that the interests of this company and
other stockholders in the Westchester Lighting Co. will be
taken over by the Consolidated Gas Co. of New York on the
following terms:
The New York & Westchester Lighting Oo. (jast incorporated) acquires the preferred and common stocks of the Westchester Lighting
Co.. of which a large majority in each olaea of atook ie owned by the
U. Q. 1. Oo. These stocka are to be exchanged, par for par, forbonda of
the new company, the principal and Interest of which will be guaranteed by the Consolidated Gas Co. of New York. The preferred atook
Is exchanged for a 5 i). c. .'^0-year debeotare bond, and the common
stock for a general mortgage 100-year bond, interest on a sliding scale,
beginning at ^ of I p. o. and rising to 4 p. c. in 1914 and thereafter.
The U. Q. I. Co., it is understood, will take no interest in the stock of
the new Westcheater Co., it being controlled entirely by the Consolidated Qas Co.
There is $2,500,000 preferred and $10,000,000 common stock of the
preaent Westchester Oo. outstanding, and as it Is exchanged par for
par. the amount of the bond issues of the new company will correspond to the amount of this capital stock. There Is also a $10,000,000
first mortgage on the Westchester property, under which about $«,000,000 bonds have been issued. The preaent aale guarantees to the
U. O. I. Oo. an immediate and substantial return on Us Westchester
investment.
Southern Textile Co.— Becetver.—Frederick F. Gaild was
appointed receiver for this company in New Jersey on
From Jan. 1, 1934, the Westchester Lighting Co. has been
July 18; on July 20 Judge Thomas of the United States paying qaarterly dividends on its preferred stock at the rate
District Court in this city appointed Levi W. Naylor as of 6 per cent per annum, See page 498.— V. 79, p. 217.
receiver for the assets in New York State in bankruptcy
proceedings brought by Thomas A, Darby, George E Fisher
United Lightingr & Heating Co.—Dividends.-This comand other creditors. The company was hioorporated in New pany, which under the control of the United Gas ImproveJersey in February, 1903, with authorized common stock ment Co. of Philadelphia does a street lighting basiness
$7,000,000; preferred 7 p. c. stock, $7,000,000; first mortgage throughout the United States, owning patents for gas and
gold 6s of May 1, 1903, Metropolitan Trust Co,, trustee, gasoline lighting, has paid dividends on its preferred stock
$6,000,000, Of these amounts there had been issued at last (now $5,794,800) as follows: April, 1901, 8J^ p. c; April,
accounts $598,500 preferred stock, $172,00!) common stock 1908, 5 p. o.; April, 1904, 4K P. c.—V, 72, p. 679, 940.
and $179,200 bonds. Properties acquired: Birmingham Mills,
United States Cement Co.—Successor Compani^.—This
Birmingham, Ala.; Windsor Mills, Burlingtoa, N.C.; Chicora
Mills, Rock Hill, S. C; Moorehead Mills, Morehead, Miss. company was incorporated in Indiana on May 27 with $500,-
The floating debt is currently estimated at $40,000 to $50,000.
E. C. Brown, E7 William St., President.—V. 76, p. 887.
Standard Rope & Tvrlne Co.—Interest to be Paid.—The
August interest is advertised to be paid as usual.
New Officers.— Qeorge W. Montgomery has been elected a
Vice-President, succeeding A. R. Turner, who resigned as
Vice-President and director.— V. 78, p. 1227.
& Co.— Padeing
Strike.—The strike which was begun
involving the Chicago and other plants of the sooalled "trust packers," viz , Armour
Co., Swift & Co.,
Nelson, Morris
Sulzberger, Cudahy
Co., Schwarzschild
Packing Co. and the National Packing Co., has bean extended
80 as to include all branches of the industry, even the teamsters, engineers, firemen, soap-makers, etc.; also the freight
handlers of the Chicago Junction Railway & Union Stock
Yards Co. The strikers are supposed to number over 30,000
hands. An agreement to submit to arbitration was accepted
on July 22, but subsequently was rejected by the men when
they found that the new employees were not to be discharged
to make places for those who went out.
President Michael Donnelly, the strike leader, was quoted
Swift
on July
12,
&
&
&
on July
12 as saying:'
We are not flzhtlng: for an iaorease of wages, bat against a decrease.
Oar
original demand w&b for a mlnlmam of 20 cents an hoar for
laborers. We then agreed to a scale of 18^ cents an hoar, except In
Omaha and 81oax Hty, where the scale Is 19 cents. The packers, on
the other hand, refused to pay more than IV^ji cents an hoar and
declined to tlgn any agreements at all except with a small proportion
of the workmen.
The qaestion of wages to skilled men was not discassed. To unskilled workmen the average wage was 18^ cents, bat whea we asked
that this be made the mlnlmam wage, they cat it to IT^a and 15 cents.
Men coald live on 15 cents if they got steady work, bat In some plants
men have been able to make jast thirteen hoars a week at this wage
scale. They could not live on it.
000 authorized capital stock, all of one class (par of shares
$100) of which it is proposed to sell not to exceed $850,000 all
told, somewhat over $200,000 thereof having been subscribed.
The directors are:
Elbert Walker Shirk, Emanuel I. Fisher, Frank M. Talbot, Abraham
Lehman and Vanton O. Foulk,
Under authority from Judge Leathers of the Superior Court
has purchased the tangible assets of the Midland Portland
Cement Co., assuming the latter's bonded and other indebtedness.
(Compare V. 78, p. 2387; V. 76, p. 755.) On June
19 Judge Leathers appointed the Union Trust Co. of Indianapolis as trustee for certain intangible assets, claims, etc., of
the Midland Portland Cement Co., but refused to interfere
with the sale of the company to the United States Cement Co,
on the ground that the parties were all acting in good faith
and intended to complete the cement plant at Badf ord and to
pay all its debts.
United States Steel Corporation. Nete Director.—Thomas
Morrison, of Pittsburgh, has been elected a director, to succeed Charles M, Schwab, resigned. Mr. Morrison is a steel
manufacturer and a nephew of Andrew Carnegie.
Earnings.— See page 497.—V. 79, p. 275, 108."
Uolteil States Telephone Co., Cleveland.- Loan of
$450,000.— A. syndicate of Cleveland and New York bankers
has agreed to loan the company $450,000 for extensions and
improvements. The loan, it is said, is to bear 6 p. c. interest, be carried for three years if desired, and secured by
pledges of treasury bonds and treasury preferred stock, and
also $2,000,000 of the common stock, which is owned by
the Federal Telephone Co. The expenditure of this $453,000
will enable the United States company to issue an additional
$332,500 first mortgage bonds for further extensions under
the 85 p. c. clause of the mortgage.- V. 78, p. 2446.
The companies claim that the short hours were due to
TalTOlIne Oil Co.— ilfor^gfcg'e. —This company, which was
employ more men than were needed. incorporated in New Jersey on June 24, 1901, recently
Every effort is being made to supply the places of the filed in Chicago, as previously in New Jersey, a mortgage
strikers, and the independent plants are working night and to T. M. Leonard of this city, as trustee, covering all its
day.-V. 78, p. 1279.
property, to secure a bond issue of $550,000 and also 80
United Box Board & Paper Co.— Circular.— A circular non-interest-bearing promissory notes for the sum of $3,750
has been sent out by the company's ally, the Paper Products each. The bonds bear 6 per cent interest and are dated
their being asked to
Co., suggesting steps for reducing the output, viz.:
We beg leave to call your attention to a list of strawboard and boxboard mannfacturers who are competing warmly with the Paper Products Co. for the trade for boxboards and strawboards and allied products. The consumprion of these products has diminished within the
last nine months about 40 per cent. The usual results of such competition ia decrease of price and greatly diminished profits to all con-
cerned. It would BeeoB as if for the interests of all that some anlted
action of all the manufacturers of these products could be taken to
lessen the cost of severe competition and prevent an aggregate loss to
all the parties, by either co-operating in a common ahutdowa of the
mills or by arranging with such mills aa are willing to shut down for a
lair consideration. There has been a proposition made that at least
800 tons of boards a day be taken oft the marliet at a very reasonable
price by the shutdown of mills producing that amount. Tlii» tax on
the whole production would not be excessive, perhaps no more than a
dollar per ton, whereas, if they all are competing strongly for the
business, the decline in price would be live or alx dollars per ton in the
open market. Are you willing to contribute to the stoppage of 500
tons per day production, or are you willing to meet with the manafaotnrers of boxboard, with a view of arriving at some plan whereby the
slaughter of prices and the consequent loas of profit can be prevented?
The normal cnnaumption of baards in the United States Is somewhere
near 2,200 tons per day. Under present conditions there Is quite 40
per cent less consumed. This is a vital question to the manafaoturers,
and we ask your co operation to bring about a healthy condition of
the business.— V. 78, p. 2602.
United Gas ImproTement Co.— Capitalizati<m of Operating Companies, Etc.— See page 498, under "Annual Reports,"
and
editorial,
page
478.
1901, and are due July 2, 1921, but are subject to call
1911, at compan:^'s option at par. The authorized capital stock is $1,500,000, shares $100 each, subscribed $1,125,000
July
July
9,
1,
The company has established works at Ed^ewater, N. J.,
adjoining the works of the New York Glucose Co., for the
manufacture of lubricating oils. W. Dixon Ellis of New
York is President, Wm. James (Moulding is Secretary and
Qeorge J. Ellis Treasurer. Office, 11 Broadway.
Westchester Lighting Co.— Terms of Sale— Dividends.—
See United Gas Improvement Co. above. -V. 79, p. 217, 160.
Western Electric (Bell Telephone Manafactaring) Co.,
Chicago.— Lai'ge Foreign Orders. — A press dispatcti from
Chicago states that this company has obtained a contract for
the installation of a telephone exchange system in St, Petersburg, Russia, capable of accommodating 40,000 subscribers.
Tne "Electric World & Engineer" of Jaly 16 contains an
illustrated article regarding the large telephone exchange
just equipped by the Western Electric Co. at Bnda Pesth,
Hungary. Tenders were received from two American firms,
one French, two German and two Swedish. The building
has a preliminary equipment for 10,000 subscribers and a
capacity of 20,000, with accommodations for increasing this
to 40,000.— V. 78, p. 1279.
^T Investment
Meivs Concladed on JPace 611.
July
THE CHRONICLE.
30, 1904.]
New York and
We
Jane
Brooklyn Trust Companies.
give below the reports of the trust companies In
30, 1904,
New York and
compared with Daoamber 31 1903, and June
j
be found in the CaRONiCLE
February
.>!
505
6, 1904,
and July
30, 1903.
Brooklyn for the
Reports for preceding periods will
Brooklyn Trust Company (Brooklyn).
Resources.
Resources.
Dee.31,'03, June30,'03
$2,211,864
5,162,704 $4,003,129
3,256,612
8,141,600 4,249,017
1,347,411
716,898
1,258,876
757,458
501,507
20,252
1,234,814
543,805
2,283.238
56,125
27,842
77,780
June 30,'Oi.
$11,647,954
$7,258,526
$1,000,000
500,000
urplnsfund
126,220
Undivided profits (book value)
Generaldep'ts, pay. oniem'd. 11,386,413
2,392,665
Due trust companies
168,947
Due savings banks
Due banks and bankers
1,351,808
18.398
Other liabilitleB
$1,000,000
500,000
57,064
8,190,920
1,073.719
86,334
734,584
5,333
$1,000,000
500,000
2,851
4,114,495
747,164
208,650
679,866
7,500
$16,944,450
$11,647,954
Bate of interest
I
$234,902
81,803
69,673
10,040,897
l«fito3»flp.c. 2 to
3%
p. o.
'04. Dee. 31, '03.
$
$35,000
Stock Investm'ts (book value).. $5,981,548
Amount loaned on collat«ral8. 5,069,547
Amount loaned on per'lseour..
445,081
Cashonhand
242,541
Cash on deposit
5,724.390
Otherassets
746,361
$18,140,125
:$59,839
:20,008
$30,979
5,577,801
2to3i9p.o.
$2,500,000
2,600,000
308,970
146,163
General deposits, pay. on dem. 4,175,770
Due trust companies
2,430,808
Due savings banks
1,067,990
Due banks and bankers
4,496,752
Other liabilities
618,015
$18,140,125
$16,741,409
$16,150,660
$240,602
312,234
106,594
160,000
13,261,443
*$396,268
*1 53,843
*55,728
*80,000
12,833,163
Due trust companies
Due savings banks
other
615 237
liabilities
Total
Totam't of
profits during year.
Intcredited depos's same per'd
Exp.of Institution, same per'd.
•^325,581
*166,300
*56,079
*80,000
Am't of dlvs.decl'd, same per'd
Amt.of dep.on-svhiohint.ls all'd 13,765,066
2to4p.o
Rate of interest
1,283,419
6,188,908
6,852,772
29,1»4
244.850
2,317,162
570,145
Bond & Trust
$16,476,486
$16,203,031
2,343,3-?4
June 30,
620,124
110,508
2to4p.o. 2
Co.
to S^a p. c.
(New York).
'04. Dee. 31, '03.
Bonds and mortgages
$3,562,950
Stock in v'stm'ts (book value)..
2,207,943
Amount loaned on collaterals. 4,146,243
Real estate (estimated value)
58<!,651
Cashonhand
49,990
Cash on deposit
2,511,214
Other assets
88,093
Total
June 30,
'03.
$5,032,404
3,085,464
7,007,771
48,784
52,350
1,165,422
176,543
$4,718,834
3,763,931
10,656,090
$16,568,738
$21,243,304
2.000,000
5,500,000
1,850,150
1-6,015
6,579,908
48,028
331,732
122,905
$2,000,000
5,500,000
2,342,202
181,474
10,257,050
105,683
746,391
110,604
$16,568,738
$21,243,304
$*343,880
843,012
*98,622
262,811
*45,854
91,539
•60,000
320,000
7,433,336
7,004,323
lto3>flp. c. 2toSiflp. c.
*$461,927
•153,112
•46,583
'200,000
11,133,693
2 to 4 p. 0.
.
$13,149,084
$2,500,000
2,500,000
3,081,331
97,898
$2,500,000
2,500,000
246,961
12,915
4,896,859
1,951,115
936,101
2,731,117
427,983
$16,476,486
$16,203,031
2l»0,811
12,907
5,988,264
1,247,965
757,310
Capital stock
Surplus fund
$1,000,000
2,500,000
1,953,054
Deposits in trust
53,141
Oen'l deposits payable on dem,
6,832.137
Due trust companies
91.115
Due banks and bankers
635,281
Other liabilities
94,356
Undivided profits (book value)
51,346
1,914,634
138,469
$13,149,084
Supplementary.
Supplementary/.
'$288,958
•143,ft22
*61.173
•75,000
Am'tofdep.onwhlohlnt.isall'd 11,591,992
1 to S^s p.
$1,000,000
1,886,388
814,332
11,719,198
9b3.131
112,961
$1,000,000
1,903,621
801,108
11,707,344
142,451
1,027.513
99,372
$1,000,000
1,898,741
Deposits in trust
585,853
General deposits pay. on dem. 12,9a4,212
Undivided profits (book value)
Total
$18,244,468
Average rate of interest
$16,150,560
Capital stock
central Realty
June 30. '03.
$
5,882,623
6,558,518
159,271
249,271
(book value)
Tot. am't profits daiing year..
Int. credited dep's, same per'd.
Exp. of Instltiif n, same per'd.
Am't of dlv. decl'd. same per'd.
$16,741,409
Liabilities.
Capital stock
Surplus fund
Total
1,130,844
125,237
Liabilities,
Liabilities.
profits
Deposits in trust
125,924
866,880
143,921
700,972
Resources.
Bonds and mortgages
Undivided
1,80.'S,556
84,649
Otherassets..,..
Besources.
$18,244,468
2,473,2>i8
Cash on deposit
Bowling Green Trust Company (New York).
Total
$327,500
6,177,705
6,677,491
Supplementary.
For three months ending June 30.
June 30,
$508,500
6,507,840
6,107,824
830,474
135,278
720,013
Cashonhand...
Total
Supplementary.
Tot.»m'tofpr«flti during year. •$334,568
•210.228
Int. credited dep'Bsaraeper'd..
*58,266
Bxp. of institution, same per'd.
Amtofdep.on-w^hichint.isall'd 14,968,779
Dee.31,'03. /une30, '03.
7,257,016
5,382,804
681,263
140,113
1,525.992
Stock investm'ts (book value)..
Amount loaned on collaterals.
Am't loaned on pers'l securit's.
Real estate (estimated value)..
Liabilities.
Capital Btook
Total
J^unc 30, '04.
$59'>,000
Bonds and mortgages
$7,258,526
$16,944,450
Total
months ending
26, 1903.
Bankers' Trust Company (New York).
B'nd.&Blk Invest. (book value).
Amount loaned on collaterals.
Amt. loaned on pers'l seourlt'a.
Cash on hand
Cash on deposit
Other asseti
six
o.
*$338,975
603,078
253,332
109,945
150,000
10,428,706
lto3>«p.
o.
*13'*,568
•53,853
*76,000
9,768,529
1 to 313 p.
Total am't profits during year.
Int. credited depos. same per'd
Exp. of institution, same per'd
Amt. of dl vs. decl'd same per'd
Amt. depoB. on wh. int. is all'd.
Rate of interest
o.
t
Central Trust Company (New York).
Broadway Trust Company (New York).
Resources.
Resources.
June 30, '04. Dee. 31,
Bonds and mortgages
$289,250
861,724
Stock investm'ts (book value)
Amount loaned on collaterals.
.
$155,250
Cashonhand
Cash on deposit
Otherassets
June 30,
'03.
$106,750
994,676
609,777
39,099
1,193,408
860,208
5,000
68,395
536,815
45,638
$3,924,755
Bonds and mortgages
$331,999
Stock Invest's (book value) .... 19,644,840
Amount loaned on coUaterals. 22,306,545
Am'tloaned on pers'l securit's.
258.5U3
Real estate (estimated value)..
979,21o
Cashonhand
37,338
Cash on deposit
13,126,078
Other assets
190,127
Total
Total
$3,971,861
31, '03.
June 30, '08.
4,205,103
259,689
$278,062
19,111,527
32,542,780
314,170
981,462
34,207
5,160,441
168,886
$47,339,016
$58,691,635
$1,000,000
12,461,868
146,280
$1,000,000
12,816,733
3,821,318
39,116,122
783,999
292,618
326,367
435,386
$47,339,016
$58,591,535
$2,821,697
998, H67
253,346
800.000
28,883,563
1 to 3 p. 0.
*81.519,079
*631,625
•131,627
*500.000
39.168,065
1 to 3 p. c.
$320,551
19,221,310
22,042,519
2b6,337
979,895
24,612
$3,810,890
809,082
5,000
77,788
60S,390
79,444
Real estate (estimated value)..
'03.
1,049,733
1,318,627
674,649
5,000
72,720
1,244,183
Amtloaned on pers'l securities
June 30, '04. Dee.
$56,874,640
Liabilities.
Liabilities.
Capital stock
Surplus fund
$700,000
350,000
69,142
$700,000
350,000
2,607,370
63,999
40,296
90,860
39,199
2,736,690
2,590,374
15,000
28,790
25,133
10,000
87,7i4
22,790
$3,971,861
$3,924,755
$1,000,000
aorplus fund (book value)
12,768,543
Deposits in trust
5,471,646
General dep'ta, pay. on dem'd. 32,46.=s,240
Due trust companies
387,770
Due eavingH hanks
283,341
Due banks and bankers
4,255.615
other Uabllitles
242,485
$3,810,890
Undivided
profits (book value)
General deposits pay. on dem.
Due trust companies
Due savings banks
Due banks and bankers
Other
Capital stock
$700,000
350,000
80.137
liabilities
50.<'12
Total
Total
$56,874,640
3,5a5, '20
28,55°>,236
536.537
271,221
78z,t)54
Supplementary.
SupplementaT^.
Total amt. profits during year.
Int. credited depos. same per'd
Exp.oflnBtltHtton, same period
Amt.ofdep.on which InUsall'd
Bate
*
of interest
*$67,749
-24,241
^24,466
2,801,130
2to3'ap.
For the six months only, Jan.
1 to
$142,952
48,148
45,039
2,780,429
2 to 4 p. c.
c.
Juno
30.
*$72,477
*23.574
*21,5S3
2,68>^,030
2 to 4
p. o.
Total am't profits during year.^ $1,261. 604
tnt. credited dep's same per'd.
*437,47i»
Exp. of institut'n. same per'd.
*120,9O3
*500,000
Am'tofdlvs.decl'd.samfi per'd.
Amt.ofdep.onwhichlnt.UaU'd 39,933,189
Rate of Interest
•
1 to
For the six monthB only, Jan.
3 p.
1 to
o.
June
.
THE CHRONICLE.
506
City Trust
Vol.. LXXIX.
Empire Trnst Company (New York).
Company (New York).
Resources.
J"nw«30,'04.
Resources.
June
June
30, '03.
30, '04.
Dec. 31, '03.
$2 '5,810
$424,848
$701,165
Stock Investnn's (booh valu«).. 112,846.550
Amount loaned on collaterals. 7,500,802
518,388
Ain't loaned on pers'l seourlt'S.
123,147
Cash on hand
4,65^382
Cash on deposit
77,244
Otherassets
112,187,158
J2,244,570
11,125,659
Bonds and mortgages
9,352,016
265,722
565,555
2,180,724
286,331
$15,262,352
$16,092,175
$1,000,000
1.000,000
?769,795
1,022,993
$15,994,323
Total
120,563
659,10i
1,181,391
59,725
$1,000,000
1.000.000
J«90,750
530,774
11,986,229
52,h85
37,206
135,242
Bonds and mortgages
5775,fi86
5i4,5i7
Deposits In trust
Gen'l deposits pay'ble on dem. 12,354,312
148,821
Due trust ooinpanies
27,416
Due savings banks
Due
bantts
and banxers
10,45-^,161
104,0^5
48.478
118,783
740,087
113,640
61,911
Other Uabilliies
65«j,989
$15,994,323 $15,262,352 $16,092,175
Supplementary.
*$335,085
*$281,825
$635,476
Total ara't profits during year
•1«4.023
•178 955
352.095
Int. credited dep's same per'd.
*54,6«5
'47,979
103,190
Exp. oflnstitution same per'd.
*40,000
*40,000
80,000
Amt. of dlvs.deol'd same per'd.
12,072,438
Amt.ofdep.onwhichlnt.isall'd 11,291,192
11,026,053
2to4p.c.
2 to 4 p. o.
Rate of interest
2to3%p.o.
Total
Otherassets
$4,378,051
Junt
Jtmt
30, '04.
$95,000
$96,S00
2,381,447
11,903,519
$49,700
2,413,876
15,009.546
1,474,319
988,182
2,720,999
112,073
122,500
1,073,115
2,873,700
114,806
$23,846,616 $19,677,039
$22,929,381
Stock investm'ts (book value). 2,433.862
Amount loaned on ooUaterals. 14,678,014
Am't loaned on pers'l seourlt'e 1,072,766
Real estate (estimated value)
1,147,868
Cash on hand
4,219,393
Cash on deposit
Otherassets
199,713
. .
Total
Liabilities.
Capital stock
Surplus fund
$1,000,000
500,000
968,871
140,744
13,749.492
1,428,390
830,847
934,390
124,305
$1,000,000
500,000
Undivided profits (book value)
976,331
123,395
Deposits in trust
General deposits pay. on dem. 16,596,222
2,107,182
Due trust companies
1,289,225
Due savings banks
1,093,006
Dae banks and bankers
161,255
Other liabilities
$1,000,000
50»,000
963,315
* 345,795
16,018,9h7
2,737,198
648,<
90
576,788
139,208
$23,846,616 $19,677,039 $22,929,381
Supplementary.
$'488,086
$874,577
Tot. am'tof profits during year '$371,275
*238,667
'268,163
504,421
Int. credited dep's, same per'd
'79,035
Exp. of institut'n, same per'd.
'n,6<l
161,078
'50,000
'50,000
Amt. of dlvs.deol'd same per'd.
100,000
Am'tofd6p.onwhichlnt.lBall'd 18,745,738
15,448,634
18,918,244
Rate of Interest
2 to 4 p. o. 2to4^p. o.
2 to 4 p. o.
Total
Commonwealtli Trnst Company (New York).
Resources.
June
30, '04.
Dec. 31, '03.
$665,653
41,431
15,443
4,598
333,513
$638,903
49,231
20,000
21,107
96,928
1,944
$1,062,582
Cash on hand
Cash on deposit
$828,151
-
Otherassets
148,616
$4,378,051
Supplementary.
'$80,389
Total amt. profits during year.
'24,786
Int credited depos. same per'd
'46,899
Expen. institution same period
Amt. dep on wh. int. is allowed 1,167,508
$2,333,987
$3,144,070
$100,019
35.258
38,363
'$50,986
'19,164
'20,265
1,835,214
2 to 4 p. o.
liabilities
Total
Av.2%p.o.
Rate of interest
Liabilities.
$500,000
18,749
14,390
528,338
1,105
$500,000
14,406
$1,062,682
$828,151
*81,109
$351,020
105,870
141,825
178,835
2 to 3 p. c.
Undivided profits (book value)
Deposits In trust
General dep. pay. on
demand
Other liabilities
Total
Total am't profits during year
Int. credited dep's same per'd
Exp. of Institut'n same per'd
'..
2,031
311,478
236
'1,417
'63,030
143,678
2 to 3 p. c.
Amt.ofdep.on which Int-lsall'd
Rate of Interest
Eastern Trust Company
Amt.loaned on pers'l securities
June
Cash on deposit
Otherassets
Total
$2,771,493
$1,056,068
1,820,014
3,652
22,609
338,444
34,118
$1,000,000
Surplusfund
950,000
Undivided profits (Dook value)
41,502
Deposits in trust
59,«40
Gen'l deposits pay. on demand
575,787
Due trust companies
86,490
Due savings banks
26,046
Due banks and bankers
2,038
Other liabilities
29,690
Total
$2,771,493
Int. credited depos. san.e per'd
Exp.of institution same period
Am't dep. on which Int. IB aU'd
Rate of Interest
2 to
*
3^ p.
o.
June 30, '03.
$1056,068
2,714.589
3,652
109,266
192,5^3
35,144
$1,000,000
950,000
22,282
123,643
979,913
141,137
25,654
31,818
$1,000,000
950,000
1,929
370,983
1,610,888
109,551
25,270
9^333
33,348
$3,274,905
$4,111,302
$142,334
'$67,689
35,941
60,439
1,028.117
'12,5''0
2to4p,
For the six months only, Jan. 1 to June 30.
o.
'03.
$1,256,500
1,587.743
33,236,240
31,984
92,010
2,652,242
370,742
1, 5-^2.246
26,637,477
3">,051
129,180
3,456,111
372,865
$3,000,000
Surplus fund
9,000,000
298,843
Undivided profits (book value)
13,513,965
Deposits In trust
Gen'l dep'its, pay'le on dem'nd 13,739.162
4,493.787
Due trust companies
Due savings banks
1,393.«80
2,521,910
Due banks and bankers
318,363
Other liabilities
Capital stock
$34,650,430 $39,227,461
$3,000,000
$3,000,000
8,500,000
272,555
S.2-5.065
18,106,503
d,.'i00.000
537 763
11.006,292
8,337,934
1,982,910)
82.614 >
893,077)
309,840
683,616
389,722
$48,279,745 $31,650,430 $39,227,461
Supplementary.
'$699,326
Tot. amt of profits during year. "$939,190
$1,538,306
'3'^8,507
'253,520
Int. credited dep'rs same per'd.
543,314
'79,413
'63,042
137,185
Exp. of institution, same per'd.
'150,000
'120,000
270 000
Amt.ofdivs. decl'd, same per'd
Amt.ofdep.onwh'hint.isall'd. 33,152,165
21,779,798
26,969,879
l^to4p. o. l>ato4p, c. l^to3>«%
Rate of interest
Total
Farmers' Loan
& Trnst
Co.
(New York).
Reso^trees.
June 30, '04. Dee. 31,
'03.
June 30, '03.
$1,052,200
16.033,883
28,654.092
1,538,750
1,455,878
2,809,220
5,906,440
603,575
$1,101,000
15,523,380
32,610,335
1,595,130
1,466,328
5,755
5,583,406
742,276
$71,802,982 $57,952,038
$58,627,610
Bonds and mortgages
$1,494,500
Stock Investm'ts (book value).. 19,414.659
Amount loaned on collaterals . 24,638.423
Amt. loaned on pers'l secur't's 1,895,500
Real estate (estimated value)..
1,455,668
Cashonhand
3.fi05,68l
Cash on deposit
19,371,365
527,288
Other assets
Total
Liabilities.
$1,000,000
6,967,n67
57,008,956
3,32", 145
2,496,665
610,750
398,799
Undivided profits (book value)
Due trust companies
Due savings banks
Due banks and bankers
Other liabUities
$1,000,000
7,015.404
45.615,920
1,530,106
2,369,635
167,9!»0
252,993
$71,802,982 $57,952,038
Supplementary.
$2,540,582
Tot.am't of profits during year.' $1,222,536
'721,782
1,415,395
Int. credited dep's, same per'd.
'103,721
203,964
Exp. of institution, same per'd.
4('0,0O0
'200,000
Amt. of dlvs.decl'd. same per'd.
Amt.ofdep.,onwhichint.lsaU'd 60,110,867
44,441,848
Total
Bate of interest
1 to S^s p.
c,
ItoS^p. o.
$1,000,000
7,022,675
45.861,837
2,311,456
1,978,155
155,752
297,736
$58,627,610
'$1,292,886
'673,658
'102,811
'200,000
46,199,267
1 to 3^9 p.
o.
Company (New York).
June
Bonds and mortgages
-37.401
1,804,078
lto4p. o.
30,'04.
Dee. 31, '03.
Jwie 30, '03.
$510,500
$510,500
$419,000
Cash on deposit
2,228,5-'3
167,767
3,741,046
8,287,6 6
«19.S75
105,153
1,532,270
159,917
4,ii50,995
Cashonhand
6,341,914
7,478,780
802.535
53.922
$17,583,941
$14,956,417
$16,208,666
$1,000,000
1,000,000
300,702
$1,000,000
Stock Investm'ts (book value).
Amount loaned on collaterals.
Amt.loaued on pers'l
securit's.
Otherassets
$4,111^302
'$67,880
*10,356
"1P,213
553,486
June 30,
$2,437,500
Resources.
Supplementary
Total am't profits during year.
Dec. 31, '03.
84,'!22
Fifth Arenue Trnst
$3,274,905
458
o.
Liabilities.
Total
Liabilities.
Capital stock
30, '04.
$48,279,745
Total
(New York).
30. '04. Dee. 31, '03.
1,113,669
1*3 to 4 p.
166.970
4,743,117
35o,421
Cashonhand..
Resourres.
Stock investm'ts (book value).. $1,056,068
mount loaned on collaterals.
834,618
Amt. loaned on pers'l secur's..
3,652
Cash on hand
22,132
Cash on deposit
665,877
Otherassets
189,146
14 435
971,615
46,490
Equitable Trust Company (New York).
Deposits in trust
Capital stock
$500,000
500,000
61,6»i0
Capital stock
Total
$500,000
500,000
148.*!88
Other
1,982
Stock investm'ts (book value)
Amount loaned on collaterals
Amt. loaned on pers'l seour't'a
$3,144,070
255,526
186,393
Due trust companies
Due banks and bankers
1,272,138
Bonds and mortgages
$2,333,987
.
SO, '03
Dec. 31, '03.
345,796
13.881
5,746
1,937,268
52,255
125,135
9,785
$2,330,000
Stock investm'ts (book value)
11.06 >,487
Amount loaned on collaterals. 29,593,9 28
Company (New York).
1,745,868
37,498
298,581
121,430
34,651
2,325.528
Bonds and mortgages
Resources.
/Mne30.»03.
$15,153
579,744
10.799
428,4^7
102,095
$5 0,000
1,014,293
Capital stock
Surplus fund (book value)
Undivided profits (book value)
Deposits In trust
General deposits pay. on dem.
June
Colonial Trnst
$^0,266
541,585
1,009,279
221,506
Liatnlities.
June 30, 1904, market value, $2,777,335; Deo.
§ June 30, 1904, market value, $706,491; Dec.
IT
t Market value.
31, 1903, $2,097,930.
31, 1903, $680,569.
Dee. 31. '03.
4,143
Cash on deposit
Total
$1,000,000
l.OrO.OOO
Capital stocfe
1,069,901
1,109,185
343,530
90,633
17.892
1,117,137
328,753
Cashonhand
litabiltttes.
Surplusfund
Undivided profits (book valae)
*301,000
Stock investm'ts (book value)..
Amount loaned on collaterals.
Amt. loaned on pers'l securities
Keal estate (estimated value).
9,375,150
190,850
100,952
1,900,840
170,769
Liabilities.
Capital stock
$1,000,000
l.OOO.OOO
Burplus fund
Undivided profits (book value)
348,285
Deposits in trust
28,831
Gen'l deposits pay'ble on dem. 15,045,893
Due savings banks
137,630
Other Uabillties
23.302
2.<,1H5
12,488,516
13v,035
12,000
Total
$17,583,941 $14,966,417
Supplementary.
$55fi.O<57
Tot.amt.of profits during year. '$330,819
Int. credited dep'rs,
same per'd
'173„5(>4
322,3fl9
'38,431
77,557
Exp. of Institution, same per'd
'60,000
120.000
Amt. of dl vs. decl'd same per'd.
dep. on wh. Int. is all'd. 14,841,655
Am'tof
12,356,714
Rate of interest
2to3'sp.c. 2to3iflp.o.
*
For the six months only, Jan.
1 to
June 30.
1,<'00,000
287,436
26.443
13,737,443
133,234
24,000
$18,208,556
'$273,830
'161,395
'40.134
'60,000
13,636,117
2 to 3 p. fl.
July
THE CHRONICLE.
30, 1904.]
Hamilton Trust Company (Brooklyn).
Flatbnsb Trnst Company (Brooklyn).
Retourcet.
June 30. '04.
Dec. 31, '03.
$302,600
198,420
868,3ol
88,770
2fl3,465
Stock Inv'stm'ts (book value)..
Amount loaned on oollaterals.
884.800
102,653
28,342
182,928
355,077
15,939
Amt.loaned on pers'l securities
Real estate (estimated value)
Resources.
June 30, '04.
June 30, '03.
$305,300
164,531
868,918
91,506
36,207
84,008
f 298,800
BondB and mortgages
17,272
37,121
78,479
155,812
13,012
$1,726,040
$200,000
100,000
45,000
$200,000
100,000
40,116
3,566
1,657.575
100,000
10,826
7,683
1,264.825
100,000
8,532
1,235,223
$2,122,004
Supplementary,
$1,726,040
Bonds and mortgages
$1,724,515
Cash on deposit
Other assets
15<^,298
$2,122,004
Total
Undivided protits (book value)
Deposits in trust
Gen'l deposits payable on dem.
Due savings banks
Other llabiUties
Total
*$40,ci06
Tot.auit.of profltsldurlngyear.
Int. credited depoB same per'd
Exp. of Institution same per'd.
Amt. of dlvs.decl'd, same per'd
Amt. of dep. on wh. Int. la all'd.
Bate of interest
130,000
19,176
$77,311
*$38,5e3
27,506
"14.627
20.775
*9.935
12.000
*6,000
1,372,000
1.365,223
2 to 4 p. c. 2to3isp. o.
'15,368
*11,799
*6,000
1,761.141
2 to 3 p. o.
Franklin Trust Company (Brooklyn).
June 30,
Bonds and mortgages
'04.
Dee. 31, '03,
June
30, '03.
$600,600
$611,900
5,243,300
1,770,301
1,496,045
4,931,476
1,703,363
450.000
195,214
460,000
396,342
2,388.324
72,607
1,415,176
67,053
4,881.814
1,812.279
876,296
450,000
467.694
1,050,404
58,614
$12,216,391
Am'tloanedon
$10,692,595
$10,199,951
pers'l securities
Real estate (estimated value)
. .
Cashonhand
Cash on deposit
Otherassets
Total
l,117,!i!85
Liabilities.
$1,000,000
1,565,391)
Capital stock
Surplus fund (book value)
Undivided profits (book value)
Deposits in trust
General deposits, pay. OM dem.
\
947,160
7,326,106
204,722
721.137
280,000
171,876
Due trust companies
Due savings banks
Due banks and bankers
Other liabiUtiea
$1,000,000
$1,000,000
1,000.000
i ckt q-tq 5
i.oo^,»/rf^
531.434
891,178
254,935
6,324,778
6,193,141
72,251
121.814
749,716
98a.810
114,817
$12,216,391 $10,692,595 $10,199,951
Supplementary,
Tot.am't.of profits during year. **243 212
$263,544
$489,562
Int. credited dep's, same per'd.
*93.610
193,485
•101,018
Brp. of Institution, same per'd.
•51,427
•45,167
90,462
Amt. of divs.deol'd.same per'd.
*60,000
120,000
*60,000
Amt.ofdep.onwhlcmnt.i8aU'd 9,320,582
7,879,680
7,357,727
Bate of interest
liflto4p.c.
2 to 4 p. o.
2 to 4 p. o.
.
.
Total
2>e«. 31,'03.
J^une30,'03.
$8,896,681 $10,619,358
21,651,157
29,418,776
655.488
997,933
130,373
129,306
55,908
48,846
5,987,587
5,701.291
3,641,576
2,871.308
$48,473,899 $41,018,720 $49,686,722
Liabilities,
Capitalstock
$2,000,000
Surplus fund (book value)
5,000,000
12i,855
Undivided profits (book value).
Deposits In trust
884,438
Oeneraldeposits, pay. on dem. 38,292,821
Due trust companies
1,043,644
Due savings banks
291,220
Due banks and bankers
1,244,968
Other liabilities
90,953
$2,000,000
5,000,000
102,677
931,515
30,519,050
1,323,208
337,090
111,961
693,329
$2,000,000
5.000,000
444,146
1,981,433
37,238,759
1,291,385
783,433
424,691
522.875
$48,473,899 $41,018,720
Supplementary.
'$999,090
$2,050,227
*611.360
1.088,031
*128.450
231.666
*200,000
400,000
Am'tofdep.oDwhichlnt. Isall'd 88,510.182
30,828,419
$49,686,722
Total
Tot. am't of profits during year.
Int. credited dep's, same per'd.
Kxp. of Institution, same per'd.
Am'tof dlvs.decl'd same per'd.
Rate of
li«to4is%
interest.
li«to4i«%
•$970,102
*541,974
*116.379
^200,000
39,128,710
lJ«to4ifl%
Guardian Trast Company (New Tork).
Total
$3,051,847
De«.31,'03. /Mne30,'03.
$261,500
859,872
$346,000
398,185
1,057,466
28.603
45.238
210.210
116,434
l,347,5f42
278,396
42.720
316,111
126,058
$2,079,318
$2,856,062
$.500,000
$.500,000
$500,000
500.000
39,041
42,293
500,000
30,260
949.0H5
19,942
60,>-63
2.5.453
229,060
49,574
6.004
Liabilitieii.
Capital stock
Surplus fund
Undivided profits (book value)
Q«n'l deposits pay. on demand
Due truHt companies
Due savings banks
Due »)ankH and bankers
Other liabilities
l,680,5!-0
Total
500,0iM»
29,080
1,648,440
46,4H0
28,434
105.618
$3,051,847
$2,855,052
$2,079,318
Supplementary.
Total amt. profits during year
•78.147
'$64 097
$129,939
Int. credited dep's same period
•28,895
*16,942
43.071
Kip. of Institution sameperlod
30,«2-l
'38,375
60,962
Am't dep oDwh. Int. Is allowed 1,836,000
1,791. 6a0
994.000
Bateofinterest
1 toSiap. o. l>flto3i«p.o. I'atoS'ap.c.
•
29.3,816
746,584
81,749
595,727
74,024
$7,605,417
$7,824,068
$500,000
500.000
420.011
162,074
$500,000
500.000
374.744
120,214
$500,000
500,000
394,958
109,329
6,490,210
783,943
91,689
5,392,663
64,427
5,476.931
768,958
78,882
$7,947,927
$7,605,417
$7,824,068
$844,697
170,892
66,136
40,000
$'185,546
Capital stock
Surplus fund
Undivided profits (book value)
Deposits in trust
General deposits, pay. on dem.
Due savirgs banks
Other liabilities
Total
6ii3,H69
Supp lementary.
Tot.am't of profits during year.
Int. credited dep's. same per'd.
Exp.
same
per'd.
divs.decl'd,8ame per'd.
of institut'n.
Am'tof
Am'tof dep.on which int. is all'd
Rate of interest
$'216,149
'81.106
'32,627
*20,000
6,236,380
2 to 4 p. e.
For the six months only, Jan. 1 to Jane 80.
*89,922
*26,989
'20.000
6,110,582
5,962,248
2to4p.e.
2 to 4
p. o.
Holland Trust Company (New York). CIn liquidation. J
Resources.
/une 30, '04.
Dec. 31. '03.
JTune 30, '03.
$11,807
18^,900
97,714
107,774
$53 807
197,800
$53,807
486,060
96,508
107,728
305
Bonds and mortgages
Stock Invesom'ts (book value).
Amount loaned on oollaterals.
Real estate (estimated value).
2,517
636
128,630
114,022
$680,480
$572,480
$752,724
$500,000
$600,000
$500,000
30,480
Cash on hand
Cash on deposit
Other assets
96,508
107,728
172
1,810
72.480
10,938
241,786
$572,480
$752,724
$14,228
643
37,925
'$9,848
'643
•24,218
503
Deficit
Total
4,801
3,525
633
Liabiltties.
Capital stock
Surplusfund
Other liabilities
$530,480
Supplementary.
Totamt.of profits during yew.
'$7,563
Int. credited dep's,
Expens. of instlt'n,
same per'd
same per'd
"7,836
Kings County Trust Company (Brooklyn).
Resources.
June 30, '04. Dee. 31, '08.
Stock Investm'ts (book value).
Amount loaned on collaterals.
Am't loaned on pers'l seourlt's
Real estate (estimated value)..
Cash on hand
Cash on deposit
Otherassets
8,559.065
617,700
235.990
422,423
428,967
79.739
478,875
616,240
69.302
207,958
$12,132,983
30, '03.
$408,333
489.778
8,705,388
44- ,011
227.293
1,003,271
1,602,470
Total
7«ne
$408,133
409.387
$680,833
1.275.360
6,008,294
1,128,686
226,128
$11,362,829 $11,241,982
Liabilities.
$500,000
Deposits in trust
G«n'l deposits, pay. on
demand
Due banks and bankers
Due savings banks
Other liabUities
$500,000
$500,000
1,000.000
854,068
238,288
8,464,543
81,200
1,318.600
176,286
Capitalstock
Surplusfund
Undivided proflta (book value)
1,0(0.000
302,207
1,000,000
262.130
320,482
7,573,829
40,631
1,326,733
218,272
2.'>7,.^28
7,649,281
91,700
1,411,200
150,v<18
$12,132,983 $11,362,629
Supplementary.
Total am't profits during year. *$272,028
$501,308
265.412
Int. cred dep's same period...
•160,386
'47,967
Exp. of institut'n same period.
77,473
'25,000
50,000
Am't of divs. deol'd same per'd
Am't of dep.on whiohint-isall'd 10,052,632
9,359.505
Rate of interest
2 to 4 p. o.
2to3>flp.o.
Total
$11,241,982
•$268,065
^124.459
'36,620
'25,000
9.212,215
2to4p.o.
Knickerbocker Trnst Company (New Tork).
Resources.
J^une 30, '04.
Bonds and mortgages
Resoureet.
JunrZO.'OX.
Bonds and mortgages
$261,500
Stock Investm'ts (book value)..
385,471
Amount loaned on ooUaterals. 1,426,580
Amt loaned on pers'lsecurltles
12.^,306
Cash on hand
68,798
OMh on deposit
344,630
Other asset*
439.662
411,600
29,779
283.9155
Liabilities.
Bonds and mortgages
Company (New Tork).
June30,'b4.
Bonds and mortgages
$15,000
atook investm'ts (book value).. 12,185,348
Amount leaned on collaterals. 17,923,098
A'm'tloanedonpers'n'l sec't's 2,882.091
Real estate (estimated value) .
86,573
Cash on hand
61,103
Cash on deposit
11.590,114
Other assets
3,730,572
410,824
35,413
Total
101,699
Total
()(aaranty Trnst
$563,600
1,470,665
4.383,944
$7,947,927
Total
$602,880
Stock Investm'ts (book value)..
Amount loaned on collaterals.
June 30, '03.
$550,275
1,390,821
4,106,288
Cash on hand
Cash on deposit
Otherassets
Liabilities.
Capital stock
Surplus fund
Dee. 31, '03.
$503,976
1,697,924
3,566,906
393,007
34,420
647,806
1,026,386
77,504
Stock Investm'ts (book value).
Amount loaned on coUaterals.
Am't loaned on pers'l seourlt's.
Real estate (estimated value)..
$1,724,515
$200,000
100,000
50.038
Ca«honhand
507
$1,718,126
Stock Investm'ts (book value).. 3,087.527
Amount loaned on coUaterals . 31,101,994
Am't loaned on pers'l securit'B. 1,422.693
857..50a
Real estate
Cash on hand
3,964,144
Cash on deposit
8.645,065
Otherassets
463.819
Total
$61,260,888
De«. 31, '03
J^nne 30, '03.
l,269,e00
1,011,228
l.w59,»58
5,14».R50
500.780
$874,424
2,736.192
81.113.216
743,787
816,242
2,114,023
4,528,400
442,052
$37,490,568
$43,368,336
$1,000,000
2.356,141
5.239,181
25,6*1.020
$1,000,000
2.289,021
b.027.936
29,' 83,140
2,373,488
984,128
1,238.062
$905,935
2,6' 6.0o9
24,187,210
Liabilities.
Capital stock
Undivided profits (book value)
Deposits in trust
Gen'l deposits, pav. on
Due trust oompariies
Duo savlnKS banks
demand
Due banks and bankers
Other liabilities
$1,000,000
2.329.576
6,464,002
83,459,560
3,855.020
1,419,072
2,244,103
4^y.635
1,701,03
671.421
498.800
392.»02
3 )2.666
$51^260,868 $37,490,5B8 $43,368,336
Supplementary.
$2,089,302
$1,950.8<»6
Total am't profits during year. '$1,047,899
918,666
s»i'J.297
*.542,03t
Int. credited dep's same per'd.
295.12^
•157,015
U'^^-OSg
Exp.oflnstltut^n same per'd..
205.000
340.000
'180,000
Ara^tof dlvs.decl'd, same per'd
30.721.886
26.4.2,614
Am'tofdep. on whlchlnt. isall'd 40.791.831
2 to 4 p. o.
2 to 4 p. o.
Rate of interest
2 to 4 p. o.
Total
•
For the aix months only, Jan.
1 to
June 80.
.
.
THE CHRONICLE.
508
Lincoln Trust Company (New York).
Merchants' Trust Company (New York).
Retourees.
June
Rtsoureet.
$823,500
Amt.loaned on pere'l securities
Cash on hand
Cash on deposit
Other assets
Dee. 31. '03.
$49.5,000
3,271,408
1,971,382
2,501,723
Bonds and mortgages
Stock Investm'te (hook value).
Amount loaned on collaterals.
June 30, '03.
1,068,022
3,917,488
1,512,506
30, '04.
547,.593
/MneSO.'Ol. Dec. 31. '03. /une30. '03.
$485,000, Stock Investm'ts (book value).. $1,450,563
$1,385,522
$l,18a237
1,700.192 Amount loaned on collateral!.
2,221,494
2,746,520
3,252,945
3.137.337 Am't loaned on pers'l securities
52,624
745,930 Cashonhand
99,510
114,863
111,768
375,638 Cash on deposit
.'504,864
1,148,256
1,867,865
1,246,850 Other assets
49,0e3
106,803
78,613
239,393
Total
$5,021,540
$4,858,572
$6,499,398
$7,930,340
332,.«.21
1.528,697
650,367
750,064
306,750
.$11,294,670
Total
$3,382,351
Lidtnlities.
Liabtlitie$.
$500,000
500,000
74,791
10,046
Capital stock
Surplus fund
Undivided
profits (book value)
Deposits in trust
demand
Due trust companies
Dae savings banks
Due banks and bankers
Gen'l deposits pay. on
8,558,608
25'>,000
$500,000
500,000
$500,000
500,000
682
2,978
6,362,167
213,843
6,026,876
1,170,362
225,863
5,000
803,330
33
847,781
50,000
5,001
$11,294,670
$8,882,351
$7,930,340
$296,249
168,220
113,768
Otherllabllitles
70L. LXXIX.
$500,000
$500,000
1,000,000
201,160
3,233,236
Surplusfund
Undivided profits (book value)
Gen'l deposits payable on dem.
Due trust companies
Due savings banks
Due banks and bankers
Other liabilltleB
$500,000
l,00ii,000
Capital stock
239.7.'>3
1,000,000
442,976
4,272,610
66,281
20.120
$5,021,540
Supplementary.
Tot.amt.of profits during year.
•$73,386
Int. credited depos. same per'd
'38,151
Exp.of institution, same per'd.
*39,418
Amt.of dep.on V7h. Int.isaU'd. 3,235,069
Bate of Interest
2 to 4 p. c.
Total
Total
SuppUmenlary.
Total amt. profits during year.
Int. ored. depos'rs same period
Eipen. institution same period
Am'tdep. on wh. int. Is allowed
*$301,422
*118,558
*62,869
9,795,186
6,280,063
$80,272
66,538
64,617
6,785.340
Bate of interest
lto4p.
lto4p.
lto4p.o.
o.
Long Island Loan & Trust
o.
Bonds and mortgages
Go. (Brooklyn).
De«. 31, '03. J^une 30, '03.
$1,076,500
2,339,635
4,178,360
441,210
46,428
322,421
623,878
145,930
$1,081,100
1,825,891
5,280,030
604,160
66,000
370.487
479,162
140,484
$10,297,029
$9,174,362
$1,000,000
1,000,000
Undivided profits (book value)
443,497
Deposits In trust
216,318
Gen'l deposits, pay. on dem'd.
6,785,922
Due savings banks
628.650
Due banks and bankers
106,112
Other Uabillties
116,530
$1,000,000
1,000,000
488,218
354,004
758,314
91,010
80,945
$1,000,000
1,000,000
461,004
301,162
5,963,267
919,670
101,751
100,470
TotaL
$10,297,029
Supplementary.
Total am't profits during year. *$204,0]2
Int. ored. dep's same period..
*82,392
Exp. of institut'nsameper'd..
*34,736
Am't dlvs. declared same per'd
*50,000
Amt.of dep.on which int.isaU'd 7,737,003
Rate of interest
2 to 4 p. o.
$9,174,362
$9,847,314
$450,864
177,010
66,727
100,000
6,605,200
2 to 4 p. o.
*$249,969
*92,776
$34,858,076
Liabilities.
Capital stock.
Surplus fund
5,401 ,871
"34,019
*50,000
7,285,840
2 to 4 p. o.
Manhattan Trust Company (New York).
JuntZO,'04..
Bonds and mortgages
$9,500
Dec. 31. '03.
4,767.961
4,603.270
1,000,500
4,673,192
222,708
$9,500
4,489,877
6,372,987
500,500
2,212,861
235,234
$15,277,131
Cash on hand
Cash on deposit
Other assets
Total
-$88,006
*65.517
•106,065
4,443,262
2.853.664
2 to 4 p.
c.
li«to4p.
o.
$33,377,098
$2,000,000
5,000,000
958,063
914.982
16,906,840
387,280
1,029,527
969,997
209,c05
$2,000,000
5,000,000
524,628
823,038
21,117,249
712,423
1,397,100
1,554,335
248,325
$28,375,694
$33,377,098
Supplementary,
Tot.am't of profits during year. •$803,632
$1,442,561
•296,238
607.415
Int. credited dep's same per'd.
*69,609
Exp. of instltut'n same per'd.
132,660
*320,000
316,352
Am't of divs, dec. same per'd.
19,293,731
Am'tof dep.on whlohintlsall'd 25,647.000
l^to4ia?4 li«to4»ap.o.
Rate of interest
•$641,338
•290,453
*65,324
'156,352
24,500,000
1 to 5 p. o.
Liabilities.
$2,000,000
5,000.000
1,016.479
Deposits In trust
988,496
Generaldeposlts. pay, on dem. 18,577.400
Due trust companies
1,473,177
Due savings banks
1,829,911
Due banks and bankers
3,709,361
263,252
Other liabilities
Capitalstock
Surplusfund
Undivided profits (book value)
Total
$13,193,837
$12,820,959
$1,000,000
1,000,000
845,650
657.497
8,033,455
1,512,027
40,417
90,788
14,003
$1,000,000
1,000,000
945,054
670,145
7,751,894
1,291,940
52,231
80,243
29,452
$34,858,076
Morton Trust Company (New York).
J'uweSO. '03.
$9,500
4,441,832
5,904,303
500.500
2,084,578
253,124
Stock investm'ts (book value)..
mount loaned on •ollaterals.
$194,673
118.453
97,467
$28,375,694
Total
Total
$6,499,398
jMne30.'04. Dec. 31. '03. J^une 30, '03.
Bonds and mortgages
$182,000
$394,000
$544,500
Stock Investm'ts (book value).. 4,378,385
2,266,242
1,395,905
Am't loaned on coUaterals ... 24,171,200
22,372,618
28,759,685
Eealestate (estimated value)..
615,000
638,5«3
638,700
Cashonhand
523,145
206.741
522,067
Cash on deposit
4,648,918
2,153,119
1,249,675
Other assets
339,428
344,211
266.566
$9,847,314
Cash on hand
Cash on deposi*
Other assets
$4,858,672
Resources.
30, '04.
$1,045,650
3,279,484
3,948,530
165,600
40,735
681,612
1,039,955
95,463
Stock Investin'ts (book T»lue).
Am't loaned on collaterals
Am't loaned on pers'l securlt's
Real estate (estimated value)...
103,557
158.342
21,913
Metropolitan Trust Company (New York).
Rcsou TC^S
June
2,929.734
1,383
68,620
101,080
18,002
737
Resources.
.Tune 30, '04.
Stock Investm'ts (book Talue)$ll,368.185
Amount loaned on collaterals. 29,953,012
Amt. loaned on pers'l securities 3,459.000
Cashonhand
127.797
Cash on deposit
15,661,698
564,818
Other assets
Dec. 31, '03. J'une 30, '03.
$9,471,668
18.492,346
15,231,384
776,244
$9,500,797
35,469,610
1,756,000
28,464
14,176,618
844.629
$48,271,082
$61,776,018
$2,000,000
2.000,000
4,086,789
938,171
33,941,815
2,637,868
1.234,861
1,347,543
84,035
$2,000,000
2,000,000
4,012,366
656.554
45,327,602
3,047,696
$61,134,510 $48,271,032
$61,776,018
4,2i9,.'S09
'»9.931
Liabilities.
Capital stock
$1,000,000
1,000,000
809,899
244.940
Deposits in trust
Gen. deposits, payable on dem. 11,416,172
Due truct companies
633,592
Due savings banks....
73,000
Due banks and bankers
70,172
Other liabilities
29,356
Surplusfund
Undivided profits (book value)
$15,277,131 $13,193,837 $12,820,959
Supplementary.
Totam't of profits during year. **313,247
$601,914
$705,938
*121,894
Int. credited dep's, same per'd.
224,010
242,158
Eip.of institution, same per'd.
*70,898
145,218
143,335
*50,000
Am't of dlvs.deol'd.same per'd
100,000
100,000
Am'tofdep.oBwhiohint.isall'd 11,941,253
9.480,738
8,856,036
Total
Rate of interest
I to
4
p. o.
lto4p.
lto4p.
o.
c.
Mercantile Trust Company (New York).
Resources.
June 30, '04.
Bonds amd mortgages
$1,835,188
Stock invest'* (book value)
11,178,564
Amount loaned on collaterals. 43,298,467
Am't loaned on pers'l securlt's
Real estate (estimated value)..
19,401
Cash on hand
1,122,813
Cash pn deposit
11,191,316
Other assets
189,216
Total
$68,834,965
Dec. 31. '03.
$1,874,237
8,517,336
35,751,137
21,000
1,125,425
10,883,938
208,919
June
30, '03
$454,655
9,036,401
48,899,076
67,128
21,000
1,014.680
7.482.C60
354,904
$58,381,992 $67,330,504
TotaL
$61,134,510
Liabilities
Capital stock
$2,000,000
Surplusfund..
2.000.000
Undivided profits (book value) 4,145,863
Deposits in trust
1,834,322
Qeneraldepositspay. on dem. 44,219.100
4,127,371
Due trust oompaBles
Due savings banks
1,452,363
1,198,915
Due banks and bankers....
156,576
Other liabilities
TotaL
1,647,631
2.041,190
143,079
Supplemen tary
'$878,888
Tot. amt. of profits during year.
'461,535
credited depos. same per'd
'119,626
Exp. of institution same per'd.
'200,000
of dlvs. decl'd same per'd
Amt.
Amt. of dep. on Avh. int. Is all'd. 43,853,396
lto3p. o.
Rate of interest
Int.
Mutual Alliance Trust
$2,087,721
981.037
242,088
400,000
23,758,402
lto3p.
c.
$1,018,278
524,825
114,305
200,000
41,471,165
1 to 3 p. c.
Company (New York.)
Resources.
June 30,'04.
Dee. 31, '03.
June
SO.'OS,
Stock tuvestm'nts (book value) $1,314,038
Amount loaned on collaterals. 1,382,538
Am't loaned on pers'l scour's.. 1,740,713
179,724
Cashonhand
509,605
Cash on deposit
187,875
Other assets
$1,120,728
1,066,661
1,969,669
356,190
443,122
33,790
$1,156,515
634,450
1,615,896
214,088
481,562
31,945
$5,314,493
$4,990,160
$4,134,456
$500,000
500,000
18,227
11,516
$500,000
600,000
Liabililies.
Capitalstock
$2,000,000
Surplusfund
6,000,000
Undivided profits (book value)
329,276
Deposits in lirust
9,028,368
General dep'ts, pay. on dem'd.. 36,742.193
Due trust companies
7,592,410
Due savings banks
4,232,758
Due banks and bankers
1,608,181
Other llabiUtles
1,301,779
$2,000,000
6.000,000
190,900
9,669,454
28,290,895
5,858,482
4,294.513
556,374
1,521,374
$2,000,000
6,000.000
11,801.925
33,412,695
6,900,339
4,708,229
1,073,200
1,448,804
$68,834,965 $58,381,992 $67,330,504
Supplementary.
"$1,223,330
Total am't profits during
$2,820,136 •$1,415,688
*684,019
Int. credited dep's, same per'd.
1,407,415
•681,331
*100.906
Exp. of instltut'n. same per'd.
199.602
*106.679
Am't of dlvs.ded'd.same per'd
*300,000
600.000
•300,000
Amt.ofdep.onwhlchlnt. isall'd 56,315,727
45,204.678
54.041,561
Total
Rate of Interest
lto4%p.
o.
lto4^p.
•For the six months only, Jan. 1 to June 30.
o.
Total
Liabilities.
985,-112
1 to
4^
p. c.
Capitalstock
Surolusfund
Undivided profits (book value)
Deposits in trust
Gen'l deposits payable on dem.
Other Uabillties
Total
$500,000
500.000
28,144
1,222
20,700
3,077,497
35,037
$4,990,160
$4,134,456
$218,709
43,610
98,129
2,392,434
•$82,593
'21,021
'50,520
2,384,819
2to3>flp.o.
7,490
7,422
4,266,487
33,094
$5,314,493
3^32,274
Suppltm entary.
'$132,874
Tot. am't of profits dur'g year.
'49.721
Inc. credited depos. same per'd
'49,928
Exp. of Institution same per'd.
Am't dep. on which int. Is aU'd 3,369,3s9
l>flto3>flp.o.
Bate of Interest
*For the six months
onlT, Jan. 1 to
2to3i2p.
June 30.
o.
July
^ "'-r'
•
THE CHRONICLE.
30, 1904.]
N«88aa Trast Company (Brooklyn).
Resources.
/une 30, '04.
»-,(''
Pec. 31, '03.
*337,433
903.978
$340,433
Bonds an* mortgages
917,7.-^9
fttookl»T«stm'ts(bookTalue).
Amount loaned on collaterals.
twt leaned on pers'lseourit'B.
K^al e8Ut<=< (est value)
3.932.715
3.918,001
1.078,210
166.000
7un« 30,
$8,133,650
$7,056,579
$500,000
506,108
66,119
4,647,387
65,000
941,266
300,354
30,345
5,042.926
$7,056,579
$7,120,493
*$165.390
*78,396
*23,138
l.'S.OOO
$330,452
157,141
52,372
30,000
7,036,727
6,020,128
2to4p.o.
2to4p.c.
6,060,0 J5
2 to 4 p. o.
771,3.'^6
8 6,392
.
Cash on deposit
Other assets
Caoltal stock
Undivided profits (book value)
Deposits in trust
Gen'l deposits, pay'ble on dem.
Due trust oompanles
Due savings banks
Due banks and bankers
30,333
Other UabUities
$8,133,650
Supplementary.
*$140,423
am't profits during year
Total
'97,387
In t. credited d ep's, same per'd.
•32,909
Exp. of institution, same per'd
Total
Amt.ofdivs.decl'd, same per'd
Amt.ofdep.onwlilchint.isall'd
Rate of interest
New York
Life Ingurance
&
SOO.'-OO
69,7:^9
25.< 00
922,398
59,640
*1.5,0o0
Trust (New York).
JuHeSO.'bi,. Dec. 31, '03. jMJie 3f>,'03.
$4,143,401
$3,707,316
$3,702,927
8,307,672
9,194,340
Bt«ck Investm'ts. (book value) 9,019,996
6,073,282
5,6*2,^62
Amount loaned on collaterals. 4,371,610
10,115,606
11,026,^31
Am't loaned on pers'l securit's 12,714,524
1,603,317
921.992
1,686,257
Real estate (estimated value)..
2,0(>0,0(i0
3,000,000
3,100,000
Cashonhand
446,252
1,201,052
1,708,087
Cash on deposit
1,962,000
1,971,390
565,161
Other assets
$36,905,330 $34,910,183
$36,868,562
$1,000,000
2,640,170
34,115
Undivided profits (book value)
29,979,164
Deposits in trust
69,680
Due savings banks
Due banks and bankers
3,145,433
Other liabilities
$1,000,000
3,895,923
31,821
28,849,209
63,1©8
3,065,179
$1,000,000
3,905,857
38,447
26,603,026
63,000
10,000
3,289,853
$36,868,562 $36,905,330 $34,910,183
Supplementary.
*$955,364
$1,826,690
Total am't profits during year. *$903,934
*47 1,535
*484,176
1,008,368
Int. credited dep'B same per'd.
*76,311
*65.458
153,431
Exp. of institution, same per'd
*200.000
*200,000
400,000
Am't of dlvs. deol'd.same per'd
28,912,408
26,676,026
Amt.of dep.on which Int.isall'd 30,048,843
1 to 5 p. o.
1 to 5 p. o.
1 to 5 p. o.
Rate of Interest
Due banks and bankers
Other liabilities
Security
& Trust
Co.
B«nd8 and mortgages
$2,189,f00
Stock invest's (book value).... 11,576,4^0
Am't loaned on collaterals .... 19,973,176
Am't loaned on pers'l securit's. 1,194,703
Real estate
111,000
Cashonhand
2,397,510
Cash on deposit
22,589,407
©therassets
3J7,982
99i-,113
131,107
629,892
$15,233,518
*$293,226
"163,225
*47,714
*60,000
11,845,765
2to4ijip o.
Resources.
June
Bonds and mortgages
30, '04.
$36,000
339,651
51,667
Stock invest'ts (book value)
Amount loaned on collaterals
Amt. loaned on pers'l securities
Cashon hand
Cash on deposit
2,720
16,682
341,895
19,372
Other assets
»307,987
Total
Liabilities.
$500,000
100,000
2,060
193,177
12,750
Capital stock
Surplus fund.
Undivided profits (book value)
pay. on demand
Due banks and bankers
(3«n'l deposits
Total
$807,987
Supplementary.
Total am't profits six months
Int. cred. dep's same period
Exp. of Institut'n same period.
$2,370
Am'tofdep.onwhlohlnt.lsaU'd
Rate of interest
203,102
2 to 3 p. o.
186
122
Beal Estate Trust Company (New York).
12,.'i62.0 -3
277.300
20,778
4,495,639
616,168
36,749
6,936.145
461,655
$35,263,244
$1,000,000
4,000,000
231,869
Resources.
June30,'0i. Dec. 31, '03. June30,'03.
$198,500
$250,500
$273,500
Bonds and mortgages
$4.5,622,884
Capitalstock
$1,000,000
$3,000,000
Surplus fund (book value)
9.000.000
4,000,000
Undivided profits (book value)
278,423
239,945
Deposits in trust
>
990,417
oc,o'7Qni«5
General dep. pay. on demand J •»».-« '»."*<> ^ 27,845,080
Due trust companies
896,920
4,243,471
Due savings banks
47,816
17.132
Due banks and bankers
193,39.')
5,565.727
Other Uabilitles
44,168
41,873
$60,420,173
194, 38
9,840,474
Queens County Trust Co. of Jamaica.
(New York).
24,664,952
458,800
Total
$1,000,000
1,000,000
507,308
339,077
10,384,976
1,157,855
131,893
712,409
238,350
762,928
Dec 31, '03. June 30. '€3
$291,300
$514,500
10,717,731
18,944,328
$1,000,000
1,000,000
573,102
$17,268,039 $14,367,524
Supplementary.
Total am't profits during year. $*337.257
$596,647
'176,.565
328,033
Int. credited dep's same per'd.
'50.723
99,653
Exp. of Institut'n, same per'd.
'60,000
120,000
A.m't dlvs. declared, same per'd
Am't of depjonwhlch int.isall'd 13,373,391
11,078,156
2 to 4 p. c.
2 to 4 p. o.
Bate of Interest on same
JtCSOll TC€S
June30,''0i.
$15,233,518
Total
Total
New York
$14,367,524
$1,000,000
Capitalstock
1,527,512
Surplus fund (book value)
Undivided profits (book value)
485,791
Deposits in trust
Oeneraldeposits, pay. ondem. 12,466,045
787,433
Due savings banks
Liabilities.
Capital stock
Surplus fund
593,993
946,998
209,346
8,218,655
8,191.314
1,202,005
328,516
623,634
1,101,506
205,448
LiabUilies.
Bonds and mortgages
Total
30, '03.
$362,440
3,628,485
7,062,074
1,205,643
290,967
$17,268,059
Total
June
$4>0,018
1,628,308
285,617
1,443,931
1,563,177
213,523
Cashonhand
Liabilities.
Dec. 31, '03.
$396,176
4,363,726
7,373, AOl
Stock Invest'ts (book value) . .
Amount loaned on collaterals.
A.m't loaned on pers'l securit's.
Eteal estate (estimated value)...
$500,000
6,256.955
15,000
747,027
Bonds and mortgages
$7,120,493
$500,000
516.691
67,744
Xotal
Resources.
Juue 30, '04.
'03.
$330,269
918,125
4,198,390
325,478
166.000
326,483
915.794
9 8,347
«*99,106
Cash on deposit
Other aasets
Company (Brooklyn).
People's Trust
566.705
166.000
327,967
708.173
113,608
riahMkand
5a9
Stock Inves'ts (book value)....
Amount loaned on collaterals.
Amt. loaned on pers'l securit's.
1,771,792
4,896,461
8,500
394,795
1,108,843
36,137
1,238,062
5,203,547
3,500
372,912
627,710
55,034
1,300,076
6,034,102
6,000
380,052
462,028
50,449
$8,415,028
$7,745,265
$8,606,207
Cashonhand
Cash on deposit
Other assets
Total
Liabilities.
Total
$60,420,173 $35,263,244
Supplementary.
Total am't profits durlnglyear.*$l,808,814
$2,208,546
Int. credited dep's same per'd.
*678,621
1,126,625
Exp. of instltutn same per'd..
*147,480
156,799
Am't of dlT.decl'd same per'd..
*330,000
320,000
Am'tofdep.onwhichint.l8»ll'd 44,228,430
28,603,641
Ito3^p.o.
Rate of interest
38,607,997
1,604.548
78,258
Liabilities.
Undivided profits (book value)
$500,000
250,000
397,231
$500,000
250,000
405,823
$500,000
250,000
394,378
Deposits in trust
Other liabilities
7,117,187
180,610
6,52^,852
66,590
7,318,375
43,454
$8,415,028
$7,745,265
$8,506,207
$352,414
215.240
53,203
50.000
*$186,543
'114,676
'26,748
*25,000
7.216,047
Capitalstock
Surplus fund
Total
100,212
$45,622,884
*$1,223,696
*a95,l>-0
*83,136
*160,000
39,084,759
Supplementary.
Total am't profits during year. '$153,839
Ent. credited dep'rs same per'd
"95,369
Exp. of institution same per'd
'26.742
Amt.of dlvs. deol'd.same per'd
'25.000
Amt.dep. on wh. int. is allowed 7,043,941
Rate of Interest
2 to 4 p. o.
lto4p.o. lto3>ip.e.
Dee. 31 '03.
$75,000
2,321,280
7,123,797
793,722
1,050,000
741,715
6,358,188
600,240
2,266,242
8,830,044
1,464,848
850,000
681.918
3,037,942
547,444
2,632,979
10,509,970
«19,063,912
$17,705,938
$2,000,000
8,000,000
143,606
1,633,043
6,186,328
2,743,292
504,342
1,441,082
54,245
$2,000,000
$17,705,933
$19,727,137
$878,901
*i!447,9n
'168,739
'81,833
Cashon hand
Cash on deposit
•ther assets
Total
637,»i01
700,000
1,014,154
3,3«7.204
JuneSO.'Oi.
$46,600
Stock Inves'ts (book value)....
3.940,140
Amount loaned on collaterals. 4,998,05 J
Amt. loaned on iiters'l securit's.
157,310
Cashonhand
49,446
Cash on deposit
6,604,393
Other assets
97,000
$2,000,000
8,000,000
Undivided profits (book value)
188,910
Deposits In trust
942,544
Oeneraldep'ts, pay. on demand
6,832,765
Due trust companies
3,463,376
Dae savings banks
584,106
Due banks and bankers
1,981,9^3
Other liabilities
70,288
3,000.0<'0
7'<,979
2,077,740
7,314,fl83
2,675,078
552,399
1,987,042
91,0i6
Total
$19,063,912
Supplementary
Total am't profits during year. *$372,062
Intoredlteddep'rssame period
*174,706
Exp.of institution, same period
'74,770
Am'tof dlvs. deol'd.same per'd
*70,000
Am'toff'.ep.onwbiohlnt.lsall'd 12,447,161
Rate of Interest
*
354.56(1
158.845
140,000
11,118.823
2to4p.o.
For the six months only, Jan.
1 to
June
2to4p.c.
30.
'70.ci00
12.400.176
2 to 6 p. 0.
June
30. '03.
•32,789
2,939,013
6,156,844
299,178
171,605
4,327,600
134,361
$14,061,300
$13,209,068
$1,000,000
600,000
406,724
1.184.320
8,064,986
642,665
198.360
138.800
1.925,686
$1,000,000
600,000
406,492
1.001,014
8,445,528
448,824
353,861
211.026
842,323
$14,061,390
$15,892,811
$82,789
2,799,958
6,843,678
79,711
291,606
$13,209,088
$46'*,831
'$251,418
'121,832
'48,159
'30,000
10,311,042
2 to 4 p. c
2,998,496
117,760
Liabilities.
Capital stock
$1,000,000
Surplus fund
600,000
Undivided profits (book value)
448,498
Deposits in trust
1,623.446
Gen'l <1ep., payable on dem'd..
0.940,133
Due trust companies
1,014,010
Due savings banks
709,971
Due banks and bankers
392.746
Other liabilities
264,037
Total
Total
Dee. ai, '03.
Bonds and mortgages
783,737
Inabilities.
Capital stock
Sarplns fund
o.
Resources.
$19,727,137
Bonds and mortgages
Stock Investm'ts (book Talne).
Amount loaned on collaterals.
Am'tloaned on pers'l securities
Real ©state (estimated value)..
June 30, '03
$101,489
$87,500
,
2 to 4 p.
Standard Trust Company (New York).
North American Trust Company (New York).
Resources.
June 30, '04.
6,389,y64
2 to 4 p. o.
$15,892,841
Supplementary.
ToUl am't profits during year. '$286,451
Int. credited deps.. same per'd.
'153.105
Exp. of Institut'n, same oer'd.
'47,737
Amt. of dlvs. decl'd, same per'd
'30.000
Amt.ofdep.onwhlchint.l8aU'd 13.300.525
Rate of Interest
1 to 4 p. o.
*
For the six months only, Jan.
1 to
Jane
30.
<
28H.542
97.918
60,000
9..'?06.«28
2 to 4
p. o.
THE CHRONICLE.
510
& Trost
Title eaarautee
Go.
(New
York).
[Vol. l.xxii^
United States Trust Company
Reiource*.
JuneSO.'Oi. Dec. 31. '03. June30,'03.
BondB and mortgaKOs
89,871,^23
$9,724,814
$8,498,365
Stock In veetiD'ts (book val.)... 3,497,266
3,0j2,694
2.211,y75
Amount loaned on collaterals. 8,30.', i25
9,434,.'^63
8,150,706
Amt. loaned on pers'l eeour't's. 1,695,468
617,805
55J,343
3i9,000
Real estate (eBtlmated value).
320,000
319,061
OasbonhaHd
1,110,000
829,326
860,858
4,419..'i77
Oaeh on deposit
1,589,4^0
1,695,637
Other aasets
1,364,685
1,219,937
1,122,499
$25,484,762
Capital stock
$4,375,000
4,625,000
21,547
Deposits In trust
291,620
Gen'ldep payahleondem'd.. 18,216,982
Due trust companies
186,605
Due savings banks
1,951,597
Due banks an 1 bankers
283,142
Otlxer llabiUties
632,355
Surplusfund
Undivided profits (book value)
,
$4,375,000
3,625,000
780,035
201,576
14,400,757
322,278
1,286,720
123,693
389,703
$4,375,000
3,626,000
361,141
163,867
14,008,995
3><8,'<71
975,35?s
380,151
437,921
$30,5F3.848 $25,484,762 $24,696,301
SupplemeiUary.
Total am't profits during year. -$1,705,817
$2,695,942 '$1,436,275
$44!* ,594
*273,493
Int. orediT»a deps., same per'd.
*203,052
Expens. oflnstifn, same per'd
*598,860
*531,136
1,081,546
Amt.dlvs. declared, same per'd
'525,000
*525,000
525,0(0
Amt. oldep. on wh. int. allowed 20,592,614
16,039,794
15,438,091
l'4to4p.
Trust Company
c.
of America
l>sto4p. o.
(New
Ii«to4p.o.
$62,311,766
$77,139,280
$2,000,000
10,000,000
2,426,905
$2,000,000
10.000,000
2,274,834
41,586,640
1,671,633
3,622,203
81,545
922,940
67,581,290
1,152,183
2,991,850
«5,272
1,073,851
$72,777,013
Supvlementary.
62,311,766
77,139,280
Total am't profits during year. '$1,604,243
Int. cred dep's, same period..
"775,326
Exp. of institution, same per'd.
109,744
Am'tofdivs.deold. same per'd
*.i00,000
Amt.ofdep.on which intisall'd 56,51P,560
Rate of interest
Ito3p.o.
S3,369,824
1,825,297
198,799
1,000,000
45,928,237
*$1,716,697
*966,876
"111,887
*500,000
60,742,771
•.$72,777,013
Bond and mortgages
Stock in v'stm'ts (book value)..
Amount loaned on collaterals.
Amt. loaned on pers'l securities
Cash on hand
Cash on deposit
$653,C61
8,229,3^6
7,699,253
663,840
57,896
4,234,978
190,030
$812,751
7,234,008
9,554,810
127,700
4-<,472
Total
,
Total
/ut»e 30, '03.
Resource*.
JuneSO.'Oi.
$601,435
7,553,070
12,701,286
365,800
387,417
2,696,715
156,849
3,120,779
Bonds and mortgages
18.<;,321
$1,(.00,000
$2,500,000
2,500,000
574,850
221,940
11,147,238
698,547
1,555,097
358,048
$2,500,000
2,500,000
714,621
449,785
11,888,898
2,018,949
845,024
3,867,425
127,406
$21,728,454 $20,431,305
$24,912,108
2,500,000
641,565
Deposits Intrust
400,320
Gen'l deposits payable on dem. 13,010,035
Due trust companies
1,427,755
Due savings banks
983,694
Due banks and bankers
1,635,457
Other liabilities
126,628
Undivided
profits (book value)
Total
87.=>,585
SuppUmentary.
Totalam't
profits during year.
Int. credited depos. same per'd
Exp. of institution, same per'd.
Amt. of divs.decl'd same per'd
*$410,791
"211,199
"61,987
*100,000
Amt. ofdep'sonwh.int.Isall'd 15,836,459
lto4p.
Bate of interest
o.
$988,770
416,142
127,355
200,000
14,285,536
1 to 4 p. o.
*$452,672
*218,544
*62,344
*100,000
18,897,719
li2to3i«%
974,533
$8,748,529
Dec. 31, '03.
$227,000
Stock invest'ts (book value) IT. 15,359,135
Amount loaned on collaterals. 31,929,661
Beal estate (estimated value). 1,900,000
Cash on hand
3,535,234
Cash on deposit
6,675,313
Other assets
407,274
$297,860
Total
Other liabiUties
Total
Total am't profits during
Int. credited dep's, same
Exp. of institution, same
Am't of diva. deol'd,8ame
$60,033,517
$1,0"'0,000
Deposits in trust
Gen'l dep. payable on
Due trust companies
Due savings banks
demand
Due banks and bankers
Other liabilities
Total
$8,748,529
Supplementary.
*$197,1S8
*67,841
*87,033
Am.ofdep.onwhichint.i8all'd. 5,457,028
Bate of interest
average.. Av.2 iio p. o.
821,984
274,514
1,000,000
127,671
2,626
4,398,768
158,625
457,678
1,330,032
174,507
$7,794,658
$8,649,907
$334,363
104,007
128,150
4,972,377
*$176,850
'23,534
'55,447
5,134,829
2 to 4 p. c.
39<!,351
Tot. am't profits dur. the year.
Int. credited dep's same per'd.
Exp. of institut'n same per'd.
lto4p.
Company (New
o.
York).
R C S0U T*C€S
9,806.096
42,450,742
1,900,000
2,319,496
2,201,054
464,544
Jun«
30, '03.
$608,860
10,934,510
48,497,868
1,900,000
4,019,576
1,725,038
609,144
Dec.31,'03.
$440,800
914,585
$402,800
624,165
8,773,250
270,000
105,130
1,506,780
219,246
8,430,450
259,53t>
1,119,357
9,247,350
60,000
526,564
661,063
120,981
$12,229,791
$10,783,233
$11,935,115
$500,000
500.000
472,414
$500,000
500,000
452,512
$500,000
500,000
432,209
9,055,317
75,000
1,676.343
50,717
7,529,852
35.868
1,702,056
62,945
8,789,989
100,778
1,623,476
88,663
$12,229,791 $10,783,233
Supplementary.
**274.942
$521,851
•157,203
309,889
Exp. of institut'n same per'd..
*33,867
74,635
Am'tof divs.decl'd same per'd
*30,000
60,000
Amt.ofdep.onwhichmt.i8all'd 10,629,160
9,236,153
Rate of interest
1 to 4 p. o.
lto4p. o.
$11,935,115
Bonds and mortgages
Stock investm'ts (book value;.
Amount loaned on collaterals..
Amt. loaned on pers'l seourit's.
Cashonhand
Cash on deposit
Otherassets
$59,439,792
$68,294,996
7.57>',724
43,787,871
358,727
3,648,800
2,695,400
963,995
$60,033,517
Supple7nenlary.
year. *$1,236,774
per'd
'722,152
*107.570
per'd
per'd
*250,000
Amt.ofdep.onwhlchint.isali'd 49,586,439
$1,000,000
7,961,531
42,828,096
498,6.'>4
4,68.i!,643
$1,000,000
7,542,226
51,809,370
370,141
5,223,098
46,189
2,422,679
2,192,605
$59,439,792
$68,294,996
$2,857,612
1,622,181
222,224
500,000
47,027,242
*$1,480,607
*843,376
*108,885
*250,000
56,646,723
157,5.'i6
1 to 4 p. o.
Rate of interest
Ito4p.o.
1 to 4 p. o.
Deo. 31, 1903,
IT The market value June 30, 1904, was $15,565,014;
$9,507,116; June 30, 1903, $10,707,502.
& Trust (New
June 30,'b4. Dee.
147,5<iO
4.57,251
461,528
June30,'03.
$299,800
Liabilities.
Capitalstock
$1,000,000
United States Mortgage
$1,000,000
1,0(0,000
101,224
729,618
2,73^,781
742,186
1,000,000
138,537
508,412
3,156,632
175,827
507,623
2,001,607
259,891
Wasliingrton Trust
Liabilities.
Due trust companies
Due savings banks.
Due banks and bankers
$8,649,907
Idabililies.
$1,< 00,000
Capitalstock
Surplusfund
Undivided profits (book value)
Total
Capitalstock
Surplus fund (book value)
Deposits in trust
$7,794,658
1,290,938
June30,'0'k.
June 60, '04.
Total
271,718
870,317
1,032.917
3,563.333
764,545
745.280
688,683
1,835,529
1,929,.597
Resources.
Bonds and mortgages
.'-22,537
2,92,318
Cash on deposit
Other assets
Union Trust Company (New York).
June30,'03.
$530,000
$527,800
1.008,660
2,132,623
1,751,517
304,448
Cashonhand
$24,912,108
Dee. 31, '03.
$273,673
1,382,1.?8
Stock investm'ts (book value).
Amount loaned on collaterals.
Am't loaned on pers'l secur's.
Liabilities
Capital stock
Surplusfund...
Ito3^p.o. lto3»«p.o.
Yan Norden Trust Company (New York).
$21,728,454 $20,431,305
Other assets
l,00r>.000
Liabilities.
Capitalstock
$2,000,000
Surplus fund
1 0,000,000
Undivided profits (book value) 2,250,114
Deposits in trust and general
deposits payable on demand 49,443,872
Due trust companies
3,672,078
Due savings banks
3,212,617
Due hanks and bankers
1,162,303
Other liabilities
l,03b,029
Torb:).
Dec. 3 1, '03.
June30,'03
$4,2'60o6
10,437771
7,617,528
845,581
Besoureet.
June 30, '04.
$3,971,600
8,146,125
34,926,770
44,189 400
8,863 080
Total
Bate of interest
York).
Dee, 31, '03.
1,000,000
7,769,038
849,431
$24,696,301
Liabilitiefi.
New
6,658,5^02
Total
$30,583,848
'xoiai
(
Sesources.
JuneSO.O'l.
Bonds and mortgages
$4,101,500
Stock inveslm'ts (book value). 12,579,448
Amount loaned on collaterals. 35,943,200
Am't loaned on pers'l seourit's 10,554.793
Real estate (estimated value)..
1,000,000
Cash on deposit
8,031,516
Other assets
686,656
Surplusfund
Undivided profits (book value)
Deposits in trust and general
deposits payable on demand.
Due trust companies
Due savings banks
Other liabilities
Total
Total am't profits during year.
Int. credited dep's same per'd.
*$256,345
*154,870
*31,158
'30,000
10,397,768
lto4p.
e.
Williamsburg Trust Company (Brooklyn).
York).
Resources.
7ane30,'04. Dec. 31, '03. jMne30,'03.
$391,300
$297,360
$269,850
2,010,852
1,776,353
1,761.071
2,208,859
2,317,028
2,559,799
1,002,578
844,313
722.087
364,033
183,300
198,368
438,602
201,158
238,964
639,275
654,678
415,853
70,550
52,417
51,143
31, '03.
June 30, '03.
Bonds and mortgages
$10,376,811
Stockinvestm's (book value)... 6,040,598
6,841,375
Loaned on collaterals
12,901,416
10,298,714
Loaned on personal securities.
531,380
107,448
Cashonhand
554,750
596,363
Cash on deposit
9,143,850
3,211,490
Other assets
1,655,847
1,262,448
$10,089,459
8.010,208
12,906,992
177,103
707,432
3,905,989
778,243
Stock investm'ts (book value).
Amount loaned on collaterals
Am't loaned on pers'l seourit's
Real estate (estimated value)
Bonds and mortgages
Total
$10,59.'S,617
$41,423,458
$82,694,649
.
Cash on baud
Cash on deposit
Otherassets
Total
$36,550,426
$7,125,949
Liabilities.
Capitalstock
$2,000,000
Surplusfund
3,000,000
Undivided profits (book value).
50?,"99
Deposits in trust
491,272
General deposits, pay. on dem. 15,019,514
Due trust companies
1,993,345
Due savings banks
425,187
5,996.598
Due banks and bankers
Other liabilities
11,989,443
$2,000,000
3,000,000
416,355
742,022
12,714,756
1,850,790
379,981
783,992
10,807,763
$2,000,000
3,000,000
609,440
809,500
14,920,581
2,183,602
385,803
2,010,483
10,631,017
$41,423,458 $32,694,649
Total
Supplemeyiiary.
Total am't profits during year. **862,64'4
$1,622,791
*46i,033
Int. credited dep's, same per'd.
857,720
*141,022
Exp.of institution, same per'd.
266,511
*160,000
Am'tofdlvsdecl'd, same per'd.
320,000
Am'tofdep.onwhlchint.l8all'd. 23,371,524
16,090,277
$36,550,426
Rate of interest
*
lto4p.
For the six months only, Jan. 1
to
*160,ti00
19,626,796
lto4p. o. l^to4p.
c.
June
'$814,274
*424,993
*126,997
30.
c.
$6,622,242
$5,921,490
$700,000
350,000
185,470
$700,000
350,000
Liabilities.
Capital stock
Surplusfund
Undivided profits (book value)
Deposits in trust
Gen. depos. payable on dem'd.
Due saviugs banks
Due bank-t and bankers
Other liabUities
$700,000
350,000
132,827
26,210
5,627,030
242,589
102,677
44,566
Total
$7,125,949
Supplementary.
Total am't profits during year.
'$141,598
Int. credited dep's,
same
40,578
4,862,710
362,222
102.651
18,611
per'd.
$5,921,490
$257,468
115,741
72,547
56,000
$123,670
"^38,802
Amt. of divs.decl'd same per'd
*28,000
Am'tofdep.onwhiohint.lsall'd 5,843.020
Rate of interest
2 to 4 p. o.
•
For the six months only, Jan,
1 to
June
426,937
$6,622,242
*68,H0
Exp. of institut'n same per'd.
183,741
24,667
4,236,145
5,327,583
2 to 4 p. o.
30.
•51,522
*36,333
*28,000
4,573.822
2 to 4 p. o.
;
July
THE CHRONICLE.
30, 1904.]
511
Windsor Trast Company (New York).
Resources.
June30,'04:.
i»/»niia
Dec. 31, '03.
1.785,538
2,603.304
Stock Investrn'ts (book value). $1,303,587
liountToaned on collaterals. 3,19.%851
42,950
ATn'tloanedonpers'lseourit's.
—
30/03.
$
1,914,155
3,251.115
J^itnc
$
$715,000
and mortgages
.-..
1,436.753
161,457
109,875
864.790
205,025
268,111
1,352.097
135,785
$7,251,218
$5,568,532
$6,921,263
$1,000,000
$1,00I>.000
395,62©
r^honhand.
P«8h Sn deposit
Otter assets rfptal
Liabilities.
nanitalstook
fund (book value)
oSi"l deposits payable on dem.
Due trust companies
b^nks and bankers
Other llabUtties
a^Dms
ml
$1,000,000
482,520
4,784.872
807,381
167.900
8,545
475.<t42
530.486
2,939,617
3,9S0.244
411.2S3
984.250
15,000
8 !1.916
331,957
^..^^
$5,568,532
$7,251,218
Supplementary.
$308,558
Total am't of profits dur'g year *$12i,015
99,677
63.636
Int. credited depos. same per'd
127,360
*49,90l
Ext) of Institution duriDg year
4,067,921
Am-tdep. onwhichlnt. Isall'd 5,641,693
1 to 312 p. o. Av. 298 p.o.
Bate of Interest
Total
*
For the six months only, Jan. 1 to June
$6,921,263
'$204,544
*46,741
*58,764
5.232,522
A v. 2*5 p. c.
30.
Westinehonse Electric & Manufacturing Co.— Notea,—
The $4,0(]0,0 of 8-year 5 p. c. notes recently sold by Kahn,
Loeb & Co. are dated Aug. 1, 1904, and are secured by a de
posit of 14,000,000 Lackawanna & Wyoming Valley Rapid
Transit Company's first lien and consolidated mortgase 5
p. c. bonds, and such an amount of debentures of the British
Westinghouse Electric & Manufacturing Co. (V. 78, p. 987,)
that the aggregate market value of such debentures shall
be at all times at least |2,000,OJO. The notes are endorsed by
the Security Investment Co. of Pittsburgh, of which George
Westinghouse is the Preside at, and whose capital stock is
$3,000,0110 (par of shares $50) and surplus and undivided
profits $8,883 476.
Kuhn, Loeb
& Co.
are the trustees for the notes,
which are
redeemable on any interest date on 80 days' notice at par
and at the rate of 2 per cent per annum for the unexpired
time.
The proceeds of the notes are
for extensions of the
company's business abroad, and also for improvements and
extensions of the Wyoming Valley electric line from Scranton to Carbondale.
$2,000,01)0 of 6 p. c. notes sold in Decembsr, 1908,
new issue. Compare V. 78, p. 51,
Street Railway Section, p. 2551.— V. 79, p. 275.
The
not replaced by the
are
and
—The Greene Consolidated Gold Co. incorporated under
the laws of West Virginia, and capitalized at $5,000,000, in
shares of $10 each, full paid and non-assessable, offers at par
50,000 shares of its treasury stock, payable one-half in cash
with subscription and the balance on Oct. 1. The property
is situated 80 miles southwest of Cananea, Sonora, Mexico,
and consists of 6,820 acres, running 14 miles along the chan
nel of the San Domingo River, together with the bench
gravels adjacent, and, it is claimed, is one of the largest gold
deposits in the world. A plant, with capacity for handling
4,000 cubic yards of gravel per day, is now on the ground,
and will be in opera'ion in October, 1904. No bands or preferred stock and no indebtedness outside of current monthly
expenses. The sale of this block of treasury stock, it is said,
will furnish funds sufficient to erect the plant aad leave 50,000 shares of stock in the treasury for reserve. The President is Wm, C. Greene, a practical miner of many years'
experience. Full particulars will be found in advertisement
on another page.
Among the direotors are: M. L. Bperry. of the Sooville Mfg. Co.,
Waterbnry, Oonn.; Charles M. Shannon, of the Shannon Oopper Co.,
Arizona; J B. Showalter, leading ooal and Iron operator of Pennsyl,
vania; E. E. Hontlngton, President of the Paclflo Electric Ry. Co. of
Los Angelep; P. Mellodon, director of Fonder and of tlie Credit
le Oomptoir de Naoional; H. F. Blount. Vice President of the American
Securities <fe Trust Co., Washington; Myron M. Parker, director of the
Metropolitan National dank. Washington; Emit Brtrolzhelmer. President of the Eage Lead Pencil Uo. of New York; Henry Oilesbelmer.
director of the Shoe & Leather National Bank of New York; Alfred
Romer. ex-Presldent of the New York Produce Exchange; Epes Randolph, President of the Cananea Yaqii River & Paclflo RR.; Bird 8.
Coler. of
N. Coler & Co., bankers, and ei-Comptrjller of New Yurk
Olty; W. E. D. Stokes, proprietor of the Aasonla; W. O. Greene. miner;
J. UnOue de la Faaconnerle. .capitalist; C. Le Pins, Cheralier Legion
of Honor and member of the French Senate.
W
COMMERCIAL EPITOME
Friday Nioht. July 29. 1904.
Encouraging reports of the condition of business have continued to be noted. The revival of demand has app'^ared to
be gradually getting under way. Considerable activity has
been experienced in the leather trade and an advance in
prices has been established. Buyers in the dry-goods trade
have been reported as showing increased interest, although
thus far their purchases have been limited to current requirements only. A more favorable view of business conditions in the iron and steel trades also has continued to be
taken, but the actual increase in the demind thus far experienced is understood to be small. The several labor troubles
existing in the country, while receiving considerable attention from the business world, are not expected to seriously
retard the reviving industrial activity. Duriog the first half
of the wek the uneasiness existing over the temporarily-disturbed European political situation was an unsettling factor
in the speculative market. Crop prospects have continued
to be reported generally favorable.
Lard on the spot has had a moderate sale, although
buyers have shown little dispositijn to anticipate requirements to any extent. Prices have held to a steady basis.
The close was firm at 7 "400. for prime Western and 6 75c. for
prime City. Refined lard has been in moderate demand and
Specsteady, closing at 7 45c. for refined for the Continent.
ulation in lard for future delivery has been quiet, but ptioes
have held to a steady basis. To-day there was a firmer
market, with packers buying.
OAILT aLOSniO FBIOBS OV LABO PUTUBBiS IM OHIOAOO.
fAwr:
tri.
WeA.
Mon
rue*.
Sat.
6-87i«
6-SO
6-85
6 77ifl
880
6 95
Jnlydel'v
Sept. del'y
Oct. del'y.
6-S»2ifl
7*00
6
6
87ifl
6-90
690
92»fl
6-97Jfl
6-97>«
e-97ia
7 02i«
7-05
7-10
Pork has had a limited jobbing sale locally and prices
have held steady, closing at $14 25@14 50 for mess, $13 59@
15 50 for short clear and $14 50@15 for family. Cut meats
have had a moderate sale, with prices holding steady at
Q^@6%G. for pickled shoulders, 9X@103^c. for pickled hams
and 9@i0c. for pickled bellies, 14@10 lbs. average. Tallow
has held steady, and limited sales have been made at 4J^c.
Beef has been firm but quiet at $8@8 50 for mess, $9 50 lor
packet, $10 50 for family and $14 50@15 50 for extra India
mess in tcs. Stearines have been quiet but steady, closing at
for lard stearine and 7c. for oleo stearlne. Cottonseed oil has had a fair sale at lower prices, closing at 27J^c.
for prime yellow. Butter has been in moderate demand and
steady at i3@17^c for creamery. Cheese has been quiet,
closing flat for large sizes; State factory is quoted at 6J^@8c,
Fresh eggs have been easier for common grades but steady
for selections, closing at 193^@20c. for best Western.
Brazil grades of coffee have been firmly held, especially
for the so-called commercial grades, and a fair business has
been transacted at an advance in prices in supplies to come
forward from Brazil. The close was steady at 7^0. for Rio
No. 7 and SJ^o. for Santos No. 4. West India growths have
had only a limited sale, but prices have been well maintained, closing at 9391-^0. for good Cacuta and 10i.^@l0Xc.
Speculation in the m«rket tor
for good average Bogota.
contracts has been more active. There has been considerable switching of September holdings into the more distant
deliveries and there has been some new buying, induced by
smaller crop estimates from Brazil. The close was slightly
7^@8c.
easier.
The following
are the closing asked prices:
6 160. March
Oct
~,
July
6-O0O.
Aug
6 000.
Sept
6-060. [Jan
I
Deo
6-350.
6'46c.
April
May....„
6*65o.
6-760.
6-800.
Raw
sugars have been in better demand and firmer, closing at 3 15-16@4o. for centrifugals, 95 deg. test, and 83^c. for
muscovado, 89-deg. test. Refined sugar has been in good demand, and prices have advanced to 4'95@5c. for granulated.
Teas have been in better demand and steady. Pepper has
and higher.
Kentucky tobacco has held steady, with fair deliveries on
old pnrchases. A quiet market has been reported for seedleaf tobacco, although buyers have been showing increased
interest, and the indications favor a more active market
prices have been well maintained. Sumatra tobacco has had
only a moderate sale. Havana tobacco has been in slightly
be^^n active
—Jose. Parker & Co., bankers, 78 Devonshire St., Bostoa,
have compiled an interesting circular regarding the New
York New Haven & Hartford (Harlem & Portchester) 4 p. c. better demand and firm.
mortgage 60-year bonds, seeking to show that they are
The market for Straits tin has been firm, inflaenced by a
relatively cheaper at the present prices than any other
strong statistical position, and prices have advanced, closing
bonds, municipal or railroad, legal for Massachusetts savings
at 28'95@87'10c. Ingot copper has had a moderate sale and
banks.
prices have held steady at 12^@l2;^c. for L-ike and 12>>^@
H. & B. Beer, the old New Orleans cotton house, has 12Xc. for electrolytic. Lead has been quiet and easier,
become identified with the New York Stock Exchange closing at 4 15c. for spot supplies. Spelter has sold slowly,
through the purchase of a seat by Bertram Beer, one of the closing at 4-90@4 95o. Pig iron has held steady, closing at
partners. The firm was established in 1872, and are mem- $18 75 for No. 2 Northern and $18@|18 25 for No. 2 Southern.
bers of the New York and New Orleans cotton and other
Refined petroleum for export has been steady, closing at
Naphtha
prominent exchanges.
7 70c in bbla., 1040o. In cases and 4 80c. in bulk.
—The Erie & Kalamazoo Railroad Company, which is has been steady at llj^c. for 71 degrees and 13c. for 76 degrees. Credit balance? have been unchanged, closing at
leased in perpetuity to the Lake SQore & Michigan S jothern
l*50o.
Spirits turpentine has been quiet but steady at 50>i@
Ry., forming part of the latter's main line, will on Aug. 1
pay its regular semi-annual dividend of 5 per cent. Charles 67c. Rosins have declined, closing easy at $3 Q2% for comHops have been in lljuht supply and
Elliott Warren, Cashier of the Lincoln National Biink of mon and good strained.
Wool has continued in fair demand and firm.
this city, is Treasurer.
firm.
—
—
.. -.
.
.
.
1
THE CHRONICLE.
12
COTTON. July
Feiday Nioht,
29, 1904.
The Movement of the Chop aa indloated by onr telegrams
from the South to-night, la given below. For the week ending
thlfl evening the total receipts have reached 14,843 bales,
against 14.770 bales last week and 9,903 bales the previone
week, making the total receipts since the Ist of Sept., 1903,
7,105,460 bales, against 7,627,047 bales for the same period of
1902-3 showing a decrease since Sept. 1, 1903, of 531,1567 bales.
at—
Rteeipts
Bat.
I
Mon.
Tutt.
I
392
8
1,634
965
Wed. \Thurs.
226
1,163
351
114
6,795
479
314
308
862
147
Oharleston..
Pt. Royal, <fco.
WllmlJigtoii....
25
78
1,814
1
428
468
148
6
Wa8li'ton,&e.
N'p'tNewe,*o.
New York.
Boston
Baltimore
Phlladelp'a,
New Orleans
MobUe
P'saoola, &o.
Sayannah..
CJharleston.
168
94
1,065
581
534
240
1,348
98
1,266
14.343
1
8,0l9l
2,709>
1.7831
4,398
2,1781
1902-03.
8
Wilmington
Wash'n, &o.
92
1,055
New York..
Boston
581
1,848
Baltimore.
Pklladel.&o.
93
1
1904.
120,760
155,447
1,290
821,405
475,463
21,816
18,(83
32,064
30,218
14,328
1903.
4,184
1,598
39,324
384
40,994
494
14,979
3,980
786
123
125
404
280
2,848
96
38,806
2,313
161,495
988
688
69 2,091,704
154,105
835 2,299,366
1
214,962
155,938
14 1,297,122
130,622
39 209,698
337
329,620
387
10 509,015
178
24,914
74
36,633
63
98,559
148
47,114
117
26,951
336
N'portN.,&o
Sto
Since Sep.
1, 1902.
week.
1,153 2.339,276
104,029
6,795 1,994,146
177 199,398
314 132,853
3,578 1,144,028
P. Royal, &C.
Norfolk
Thu
Since Sep.
1, 1903.
148
2,877
483
5,516
"600
25
625
878
rotai.
625
600
38.808
, 3,559
14,879
i'550
1,800
1.298
1,023
f<
..
"ibo
786
384
i',456
37,606
3,938
......
"iso
4,352
878
1,010
1,123
2,538
9,896
95.751
6,031
4,826
3,698
3,111
2,982
9,236
8,006
460
22.536
20,450
192,073
192,814
275
580
405
4,057
8
93
Ac
Br'wlok,
Kew Orleans.
Galveston,. ..
Sayannah..
Total 1903..
Total 1903..
92
••
47
661
1903-04.
Qalveston...
Pt.Ar.,&c.
lAawi%§
ertat
etr- Otiltr OooitBritain fr'nte many. ror'gn
Total 1904..
25
35
26
861
550
week.
OH BHIPBOABO, ROT OLBABID VOBJulv 29 at-
3,578
The following shows the week's total receipts, the total since
1, 1908, and the stocks to-night, compared with last year.
July 29
Barrows, Produce Exohanse Building
i^2o6
....L.
ThU
&
177
314
Septc
Beeeipt$ to
Lambert
Horfolk
(Tew York....
Other ports .
Ac
week
We
MobUe
8
NorfoUc
In •ddition to above export!, onr telegrams to-night also
give as the following amount! of cotton oti ahipboarc*, not
cleared at the port! named.
add ilmilar Sgoret tot
Wew York, which ^.rp prepared for our special use by Messrs,
148
1
Ae
Bavannah
Bnmsw'k, &e
[Vol. Lxxn.
Charleston...
1,952
176
Mobile
Pensaoola,
Total.
tri.
445
82
879
Oalrestoii
Pt.Arthur,<fco
New Orleans.
Tot. this
.
.
200
430
4,80(1
Speculation in cotton for future delivery has continued on
a moderate scale only and the movement of prices has been
irregular
Values for old-crop deliveries have continued to
sag, the Fall River strike and the slowness of the demand for
actual supplies having a depressing influence. A moderate
advance has been established in prices for new-crop deliveries.
Certain Wall Street interests have been reported
manipulating the market, endeavoring, it was believed, to
start a buying movement by shorts to cover contracts, which
would carry prices to a higher basis and create a market in
which it would be possible to put a good line of ehort
cotton which (M3uld be taken back subsequent to the issuing
of the monthly report by the Q-overnment's Agricultural
Bureau, which, it is expected, will be of a bearish tenor, and
therefore have a depressing icfluence. During the week
some reports have been received of too much rain in the
Mississippi Valley and this has had Its influence in favor of
values. The possible damage by boll-weevils, as the season
advancep, is now a factor that is receiving the attention of
many, and serves to keep aggressive bear Eelliog in check
despite the present highly favorable outlook for the crop.
To-day the opening was at a moderate advance, in response
to stronger Liverpool advices, but during the day there was
an easier turn to values under the favorable crop news from
the South. The close was quiet but steady, unchanged to 9
points higher for the day. (Jotton on the spot has been quiet
and easier at lO'TOc. for middling upland!,
The rate! on and off middling, as established Nov, 18, 1908,
oy the Bevislon Committee, at which grades other than
Diddling may be delivered on contract, are as follows.
fair
.^ 0. 1'SO on Good Middling Tinged ..0. Kren
.
0-96 •£ Strict Middling Tlng«4..^ OMofl
tfiddllng Fair . ....... ...
0-63 on Middling Tinged.
strict QooA Middling...
013 ofl
}ood Middling
.... 0-44 on
Strict Low fifld. Tlnared.. 084 ofl
0*14 ofl Low Middling Tinged.
Low Middling
0*60 ofl
Middling... .......^...^ 0-88 off Strict Good Ord. Tinged... 0-84 ofl
Oood Ordinary ..... 0-78 off Middling Stained
0-60 ofl
4ood Ordinary,... ........ I'OO ofl Strict Low Mid. Stained. .1-06 ofl
Strict Sood Mid. Tinged.. 0-80 on Low Middling Stained
1-50 ofl
jtrlot
Cow
105.647 214.609
1,548 7,627,047
14,343 7.106.480
Note.— 1,181 bales added as oorreotlon of receipts at New Orleans
Totals
since Sept.
1.
In order that a comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts
at—
&e
Oalres'n,
New
Orleans
Mobile
Savannah
. .
1904.
Tot. this wk.
1901.
463
1900.
4,786
8,298
8,815
1,318
4,146
177
1
927
369
832
14
39
2,158
1,776
3,357
1,296
45
2,037
4.112
156
98
10
178
1.648
14,348
8,024
19
8.562
2,798
2,450
23,021
16,692
7,0il
87
958
432
17,189
419
387
1,659
402
2,337
1899.
272
14
9
688
241
1
1,066
N. News, Ac
All others..
1902.
69
835
3,578
Ohas'ton, dee.
Wilm'ton, &o
Norfolk
1903.
1,153
5,795
338
2,766
Strict
On this basis the offloial prices for a few of the grades for
week— July 23 to July 29— would be a! follows.
the oaat
UPLANDS.
Sat.
Gtood Ordinary
9-80 9 70
9 90
10 5 i 10-42 10-32
10'90 1080 10 70
11-34 11 24 11-14
|ll-86 11-76 11-66
Low Middling
Middling
(Jood Middling
Middling Fair
GULF.
Sat.
l^w
Middling..
Middling
&00A Middling.
STAINED.
Week Ending July 89 ,1901.
Bcovorted to—
Mxpoftt
/rom
Srom
Sept. 1, 1908, to July ^9, 1901
Exported to—
Great
Oonti- lotal
Francf
Week. BHtain.
flrit'n.l'^*'*** nent.
Qreat
1
\
Continent.
Frl.
9-70
9-70
9'70
I
10 82 10-32 1032
10-70 10 70 1070
11 14 11-14 li 14
11-66 |ll-66 11-66
Xfe4.
Tb. Frl.
11-59 11 49 11 39 11 39 11-39 li 39
13-11 1201 11-91 11-91 11-91 11-91
Fair..
Sat.
glnoe Sept. 1 7105,480 7827,047 7437,079 7513,736 6532,501 8892,187
The exports for the week ending this evening reach a total
of 27,353 bales, of which 19,393 were to Great Britain, 25
Below
to France and 7,934 to the rest of the Continent.
are the exports for the week and since Sept. 1, 1908.
Mon Tuea
Th.
JXTe^
1015 1005 9-95 9-95 9-98 9*95
1077 1067 10-57 10 57 10-57 10-67
11-15 11-06 10 95,1095 10-95 10-86
Good Ordinary,
MlddUng
mon Tnea
JKon Tuea IVed
Tli.
Fri.
9-20
9-20 9 20 9-20
940
10-40 1030 10-20 10-20 10-20 10-20
10-56 10-46 10S6 10-36 1036 1086
10-90 10-80 1070 10-70 10-70 1070
Low Middling
Middling
Low Middling Tinged..
Gk)od Middling Tinged
9-30
Strict
The quotatloni for middling upland at Mew ¥ork on
July 29 for each of the patt 8S yean have been a! follows.
1904.. ..C 10-70 1896. ..0.
1888... .ell
1880....0.11»i8
'16
13 25 1895 ... 7
1903
1887..... 103u 1879
ll"ie
...IIII18
1908.
9
1894
. 7
1886...
1878
-I2S18
1901.
1898...... 8li«
1877
8^
1886...zr.v,.
ICI16
1900.
1892...... 1^
11%
1884... ...11
1876
6i«
14%
1899.
1891.
1876
8
1888... ...10
/
Total.
.
793.693 nofiib
UalTeston....
Pt.Arthw, Ac.
NewOrlMni..
8,810
MokUe
PensMola....
BaTannah....
Bnuiiwlok
20,865
90
17,045
90
881
281
17.115
926,781 267.261;
87,680 16.30»
62,392
181,087
18,691
66.79J
181.787
6e.S9t<
590,298
7.8li4
837,6U9
92,126
13,066
...
PoitBoyal...73,290
8,S»S
Norfolk.
Ac
New York
.
6I16
1890.
.12'18
1888... ...12'«
1874......17
21
8
.
.II616
1878
1889.
1881... ...11^8
NOTB.—On Oct. 1, 1874, grades of oouon as quoted were changed.
According to the new olassltloatlon Middling was on that day quoted
*80. lower than Middling of the old olasslfloatlon.
.
MARKET AND
SALES.
....
WUmlnKton..
If'port N.,
.
.
1898.
1897.
43.0S6
84.901
. .
(Charleston...
780,659 1.880.871
78.817
90.438
616,162 1.789.196
66.066
119,898
e.86<
8.772
25
Bocton
Baltimoa....
1.776
600
899
lt8
«00
Philadelphia.
3.736
299
1,018
448
268.179
105.688
58,085
10,111
88,986
834,45*-
7.867
7.421
183.906
176,019
111.738
97.786
14.616
46.863
Spot maxkbt
Olosbd.
311,607
5.«74
3.649
200
6,101
39.690
FnroBBi
MABKBT
CLOSID.
Qolet
Saturday
Firm
Monday.... ;jal«t,10pts. do. Steady
steady
Tuesday
Quiet. 10 pts. do.
87
Ao..
Total
Total. 1908-03.
16.886
19,»93|
Z6|
7.934
. .
1
1.660
2.060 8,(-a7,70l 781.802 3,086,043 8,fll6.54«
Wednesday
Thursday
Cioiet...
B'rly steady,
Qolet...^
DulL
steady
Qolet
87.368 8,639,210 706,169 8.734,ei3 &,»79,048
600'
Total.
Japort,
Oon
tump
* oortbaot
Oontract.
_,,_,
*••"»•
318
.
Friday...
Ban rran^
4,071
Salb! ov Spot
......
'85
67
136
110
650
2,500
....
2,206
4,700
6,360
1
I
'
—
'
.
—
.
THE CHRONICLE.
JUI.T 30, 1904.]
FUTUBKS.— Highest, lowest and closing prices
at
New
York.
At the
513
Towns the movement— that is the
week and since Sept. 1, the shipments for the
stocks to-night, and the same items for the
Interior
receipts for the
week and tne
corresponding period of 1902-03— is set out in detail below.
so
oo
so
M© c
7a EggpiR
BSSoai^Ba-*???!. T, 1
O
« P"© O
hi
J">5 1-<
S-££E2.dt'Bo2.»r'oWo
Id
10
II
II
JO
II
II
II
10
10
10
11
M
-J
M
<l
00
'
Id
la
CO CO
MM
10
av<
0<l
•^•^
'
oo
CO CO
I
(0«o
-^o
(o
19
coco
<l>]
0>#>
i
I
COM
<oco
coco
dioi
v>^
d>A
'
a>
A9>
I^M
o
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10
coco
coco
10
I
lo
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«oco
-q>j
I
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10
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CO
OS
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d-j
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COCO
do"
QOU
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coco
coco
oo
ex©
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coco
0>M
ODO
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OIPI
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Ob'
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0000
goos
10
COCO
QDQO
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ob-j
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ob-a
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coco
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ocd
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The Vibibli hupplt of cotton to-nigbt, as made np b)
oatole and telegraph, Is ai follows. Foreign atooka, as wel
the afloat, are this week'i returns, and oonseqnentiy ai
foreign Qgarei are brought down to Thursday evening,
But to make the total the complete fignres Cor to-night
July 29), we add 'he Item of esporti from the United States,
Inoladlng In it the exports of Friday only.
u
1904.
1903.
1902.
1901.
8to«k at LIT wpooi._». bales, sse.oeo 390.000 571.000
519,00(
toufcatT.nnilnw
__,....„__,
20,000
18.000
17,000
9,000
Btoek at tfanohester. .... ..««.
29.000
39,000
XOtal (»r««t UrltalB StOOk. 405.000 447,000 588.000 558,000
took at Hamburg
..^
41.000
22 000
19.000
28,000
took at Bremen
....^ ISO.OOO
98 000
141,000
97,000
took at Antwerp...^. ......
3.000
4,000
4.000
4,000
took at Havre
...
116.000 108,000
116,000 112,000
took at UarseiUes
4,000
4,000
3.000
3.000
^
Itoek at Barcelona
35.000
22,000
29.000
42.000
l6,ooo
toekateenoa
21.000
11,000
„ 16.000
took at Tiieate . .,..^
17,000
6.000
16,000
1 7,200
Total Oon tlnental 8tc oks
361,000 342,000 301,000 298,200
Total Knropean stooKr
766.000 789.00C 889,000 856,200
India cotton tfloat for Borope
41,000
70.000 118,000
39.000
Amer. cotton *nnftt (or B'rope.
88.000
34.000
76,000 138,000
Egypt, Brazil, Ac, *flt. f or E*pe
18.000
16.000
18,000
16,000
Stock In Alexandria. Egypt...
91.000
81.000
19.000
67.000
Stock In Bombay, India
419.000 619,000 396,000 481,000
Stock In Uoited itates ports.. 105.647 214,609 213.264 3a7.785
Stock In U. 8. interior towns..
78.155
69.696 166 595
19,447
United States <«xportsto-daj.
1,414
23.865
6,232
63
Total visible sapply
1.594,667 1,728,119 1.761,192 2,180.994
OI tke above, totals ol American and etber desonptions are as tolioii :
MM©'
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MMVJMMM MM' ©oo
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The above totals show that the interior stocks have decreaaen during the week 6,710 bales, and are to night 53,755
bales more than same period last year. The receipts at all the
towns have been 35;} bales more than same week last year.
Overland Movement for the Week and Since Sept. 1.
give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
The results for the week ending
reports Friday night.
July '<9 and since Sept. 1 in the last two years are as follows.
We
1902-03.
1903-04.
-.
.
July 29.
Week.
Shipped—
Via St. LoTils
Via
Via
Via
Via
Via
248,000
22.000
Continental toekr....
237,000
4meneaB afloat (or Bnrope... 38,000
United StatfB stiock
106.647
......^
United States Interior stocks.
73,165
UnitedStatesexports to-day.. 23,865
Total Amerloan...... ......' 747,667
J«f( Indian, Srauil, de.—
Liverpool stock ...... ^.. ...... 108,000
London stock
„ 20.000
Manobester stock
7.000
Mane&ester
bales.
stock........
Oontmeaiai aiooJia..^
.....
....
124000
70000
. ......
18.000
sypt. BraiU, Ao., afloat
took in Alexandria, Bgypt... 81.000
teek In Bombay, India....... 419,000
Total Bast India, *«
847.000
.
India afloat (or Bnrops
n
Total American.. ......
Total Visible sspply
Uddllng Upland, Liverpool
Middling Upland.
747,667
.1,694,667
New fork..
6i8d.
1070e.
302,000 476,000 427,000
36.000
269,000 252.000 227.000
34.000
76.000 138.0O0
214,609 813.264 337.786
69,696 166.59^
19.447
1.414
63
6,232
864,119 1,092,192 1,297,794
122,000
95,000
88,000
9.000
17.000
18,000
4,000
'49,006
71.200
83,000
41.000
39,000
118,000
1 8.000
16,000
15,000
91.000
67,000
19,000
619.000 896,000 481.000
864,000 669.000 833,200
864.119 1.092,192 l,297,7tf4
1,728,119 1,761.192 2,130.794
47„a.
4^d.
6'eOd.
12-760.
8i6ieo.
8>i«e
Bgypt eood Brown, LJveri>ool
6ii '
7'sd.
9»,fld.
7M.
Fsrar Bongh Good, LlTerpool 10-60d.
9004.
7d.
Broaek Itna, Uverpool
5i3|»d.
6\d.
49ifld.
nnna^ally Good. LlVerpoo
63^1.
ihd.
Oi»d.
6*id.
Continental imports past week have been 50,000 bales,
The above figures for 1904 show a decrease from last week
of ] 39.81 4 bales, a decline of 1S3,442 bales from 1903, a decrease
166,525 bales from 1902 and a loss of 5:36,837 bales from 1901
.
t58
Rock Island
Louisville
Cincinnati
other routes.
"353
93
96
&c
Total i^oss overland
shipments—
Overland to N. Y.. Boston. &o..
Since
Week.
Sept. 1.
Sept. 1.
512.298
254,024
13,731
1 20,993
3,015
8
31969
115
187
"124
195,715
2,656 1,128.730
746,607
£08,346
29,605
162,244
36,734
261.702
3.449 1,445,298
Ded^iet
381
movement by
rail to
224.299
69 »
325,572
244
Leaving total net overland'..
Including
275
209.2!^
49,965
66,350
2,412
Total to be deducted
*
402
95,233
31.039
98,027
904.431
2,023
8
Between interior towns
Inland, Ac, from South
Atturuan—
Liverpool stoek
1,458
Cairo
Since
18
2.754 1.11P.726
Canada.
The foregoing shows that the week's net overland movement
this year has been 244 bales, against 3.754 bales for the
week in 1903, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 215,295 bales.
1902-03.
1903-04.
In Sight and Spinner»'
Takings.
Week.
Receipts at ports to July 29
Net overland to July 9
Southern consumption July 29..
Total marketed.
Interior stocks In excess
sight during week.
38,302
•3,314
1902
Aug. 1
1901- Aug. 2
1900- Aug. 3
1899- Aug. 4
2,7.«i4 I,
IC
664773
t4S,631
10621142
16,867 2,087.410
9,471 2,094.579
1
H
l4,98S-
40.877
10018464
Decrease during week.
Movement
1,548 7,627,047
9,726
34.000 1,918,000
North, spinners' tak'gs to July29
Week—
Sept. 1.
14,343 7.105.480
244 904,431
33,00U 1,944,000
Total In Bight July 29
*
Sinee
Week.
Sept. 1.
47.587 9.953,{»11
•6,710
61,553
is
Came Into
Since
Less than Sept.
1.
into sight in previous years.
Bates.
46.005
48.914
46,911
29,958
1—
1
Bales.
10.'248.525
IPOO-Cl-Aug. 2
1899 OO- Aug. 3
1898-99- Aug. 4
10.271.951
9,048,843
11,086,584
Since Sept.
190102- Aug.
—
.
.
THE CHRONICLE.
514
—
Quotations for Middling Cott')N at Othee Markets.
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
CLOBIMO QnOTATIOMS FOB MIDDLINO COTTOU
Week ending
July 29.
Sat'day.
Oalveston...
ON—
Monday. Tuesday. Wed'day. Thurid'y Friday.
10is,e
10X3,8
New Orleans
11
10%
Mobile ....
Savannah...
Charleston
Wilmington.
Norfolk
Boston
Baltimore.
10>«
10>«
10^8
lO-'s
1011,8
109,8
1012
10'1,8
1012
I014
1011,6
1058
1014
1011,8
1088
10'4
10%
10%
10%
10%
......
......
11
10-90
11-26
10%
io%
ib%
io%
io%
10-90
11-25
10-80
1125
10-70
11-25
10-95
10-70
11-25
10-95
1116
1105
10-95
Augusta
11
10%
10''8
10%
lO's
lOSs
10^8
10%
Memphis
10T,e
1038
1088
ao»8
1012
1038
1088
1098
10-70
11-25
10-95
lO'e
1038
10»8
1058
10
10
.
Pblladelph'a
St.
Louis
We
...
Houston ...
Little Bock
10
1013x8
1012
10%
1013,8
10>a
3,6
lOifi
Montgomery.. 10^
Shreveport....
Louisville
.
New
Natchez
Raleigh
Nashville.
10^8
Columbus, Ga. 10
Columbus, Miss 8%
10«(b
1041
1038
9i5i6
Orleans Option Mabket.— The
highest, lowest and
closing quotations for leading options in the New Orleans
cotton market the past week have been as follows.
ScU'day,
j
July 26.
July 27.
July 28.
July 29.
j
July—
Range
..
10-64--72 10-44 -50 10 40-45 10-35--50 10-50 -68 11-00
10-25-'35 10-49--50 10-68
Closing.. 10-59--60 10-50
10-24--35 10-20--27 10-05--21 10-09--26 10-17--88 1026--51
10-23--25 10-13--14 10-18-19 10-29--30 10-26
Closing.. 10-31
Sept.
9-70--79 9-66--75 9-65--73 9-66--82 9-74--92 9-82--.'>6
Range .
9-82--84 9-82--84
Closing.. 9-75--76 9-72--74 9-67--68 9-73
.
OCTOB'K—
Range
9-4'?--53
Closing..
9-50--51
9-41--48
9-46-'47
9'38--45
9-41--42
9-42--56
9-47--4S
9-47--67
9-59--60
9-57--70
9-56--57
9-41--50
9-47-'48
9-39--45
9-43--44
9'36--42
9-39--40
9-39--64
9-45-'46
9-44--65
9-56--57
9-55-66
.
Dkc'ber—
Range..
Closing.
9-55--56
Tone—
Steady.
Steady.
Quiet.
Quiet.
Spot.
Options.
Quiet.
Quiet.
Quiet.
Quiet.
Quiet.
Stead V.
Steady. B'rly Bt'y
"Weather Reports by Telegraph —Reports to us bytelegraph from the South this evening denote that on the
whole the weather has been satisfactory during the week,
and tbat the cotton crop is doing well as a rule. From Texas
there are complaints of boll worms and boll weevils, and
from a few points in Mississippi and Tennessee reports of
grassy fields are received. But from most localities where
rain has fallen, advices are to the effect that benefit has
resulted.
A number of new bales have made their appearance
during the week.
Oalveston, Texas,
—The weather conditions
continue good,
but much apprehension is felt about worms and weevils.
Complaints of serious damage by both pests are increasing
and come from all infected sections. Rain has fallen on two
days of the week, the rainfall being thirty-six hundredths of
an inch. Average thermometer 78, highest 85, lowest 68.
Abilene, Texan.
We have had no rain during the week.
The thermometer has averaged 80, the highest being 94 and
—
the lowest
66.
Brenham, Texas.—There has been rain one day of the
week, the precipitation being thirty hundredths of an inch
The thermometer has averaged 81, ranging from 69 to 92.
Corpus Christi, Teajos.—-There his been only a trace of
rain on one day of the week. The thermometer has ranged
from 72 to 88, averaging 81.
Cuero, Texas.— There has been only a trace of rain during
the week. Average thermometer 83, highest 98 and lowest 69.
Dallas, Texas.— We have had no rain during the week. The
thermometer has averaged 83, the highest being 98 and the
.
lowest
63.
—
There has been no rain daring the week.
Average thermometer 79, highest 90 and lowest 69.
Porta, Texas.— We have had no rain during the week.
The thermometer has averaged 88, the highest being 98 and
Palestine, Texas.
the lowest 62.
San Antonio, Texas.— li has rained on one day of the week,
with raiofall to the extent of twenty-three hundredths of an
inch. The thermometer has averaged 82, ranging from 68
to 94.
Weatherford, Texas—
have had only a trace of rain the
past week. The thermometer has ranged from 67 to 97,
We
averaging
A
—
August—
Range
Arkansas.— Some improvement in crops is reported, as farmers are cleaning out the grass. It has rained
on five days of the week, the precipitation reaching forty-two
hundredths of an inch. The thermometer has averaged 77,
ranging from 66 to 8d.
Helena, Arkansxs.-The week has been rather cool for cotton, but the plant looks fine, although too rank at some
points in this neighborhood.
few compliints of blight.
The rainfall has reached fifty-five hundredths of an inch, on
two days. The thermometer has ranged from 62 to 88, averaging 74 1.
Rain has fallen on one day of the
Nashville, Tennessee.
week, to the extent of seventeen hundredths of an inch.
The thermometer has averaged 73, the highest being 85 and
the lowest 6 ).
Memphis, Tennessee. There is some complaint of grassy
fields in bottoms, but generally the crop outlook ia fine.
have had rain on two days of the past week, the rainfall being thirty-one hundredtns of an inoh. Average thermometer 74-9, highest 85 9, lowest 65-6.
Mobile, Alabama.— Qtoodi and beneficial rains in the interior.
Crop reports continue very favorable.
new bale
was reported at Hartford, G-eneva County, oq Wednesday.
There has been rain on five days of the weeK, the prt-cipitation being two inches and sixty-one hundredths of an inch.
Montgomery, Alabama. Crops continue to do fioely.
Plenty of open bolls. Rain has fallen on two days of the
week, the rainfall reaching oae inch and stjventy-five hundredths. The thermometer has ranged from 64 to 90, aver-
—
Monday, Tuesday, Wed'day, Thur$d'y Frxday,
July 25.
90.
Little Rock,
11
July 23.
—
Shreveport, Louisiana. We have had rain on two days
during the week, to the extent of one inoh and thirty hundredths. The thermometer has averaged 80, the highest beng 92 and the lowest 67.
Leland, Missisaippi. - Crops are grassy. There has been
rain during the week to the extent of one inch and ten
hundredths. The thermometer naa ranged from 60 to 88,
averaging 78 7
Vickxburg, Mississippi.— We have had rain on five days of
the week, the rainfall being eighc-four hundredtbs of an
inch. Average thermometer 76, highest 87 and lowest 67.
OreenviUe, Mississippi. —The weather has been favorable
during the week.
Columbus, Mississippi.— There has been rain on three days
the past week, the precipitation reaching one inoh and six
hundredths. The thermometer has averaged 70, ranging
from 50 to
The closi ner auota tions to- day (Fri lay) at ctther im portant
Southern markets were as follows.
Atlanta-
[Vol. t.yytt,
We
A
—
aging 77.
Madison, Morida.—Ccopa are looking well. We have had
showers on four days of the week, the rainfall reaching one
inch and seventy-five hundredths. The thermometer has
averaged 80, the highest being 94 and the lowest 66.
Augusta, Georgia. There has baen rain on four days of
the week, the rainfall being one inch and six hundredths.
The thermometer has ranged from 61 to 98, averaging 69,
Savannah, Georgia. It has rained on four days of the
week, with rainfall to the extent of eigtit inches and sixtyfive hundredths. The thermometer has averaged 70, ranging
—
—
from 68 to
90.
We
Charleston, South Carolina,—
have had rain on six days
of the week, the precipitation being one Inch and twentyeight hundredths. The thermometer has averaged 77, the
highest being 89 and the lowest 67.
Stateburg, South Carolina, — All crops have been greatly
benefited by the moisture and more or less cloudiness prevailing with lower temperature. There h-is been rain on
three days during the week, the precipitation being one inch
and twenty huadredthe. Tne thermometer has averaged 75,
ranging from 60 to 88.
Greenwood, South Carolina. We have had rain ttie past
week, the precipitation being three inches and thirteen
hundredtbs. The thermometer has ranged from 65 to 87,
averaging 76.
Charlotte, North Carolina.— Conditions are very promising.
We have had rain during the week to the extent of two
inches and one hundredth. Tne thermometer has averaged
74, ranging from 60 to 87.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named, at
8 A. M. July ii9, 1904, and July 31, 1903.
—
July 29,
'OA.
July 31,
'03.
Feet.
New Orleans
Memphis
Nashville
Shreveport
Viokaburg
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Above zero of gauge.
Feet.
12-6
14-6
7-4
14-7
2-4
3-8
7-2
32-9
61
21-4
84.
Henrietta, Texas.—It has been dry all the week. The therNew England Cotton Mill Situation,— Sfri/ce Against
mometer has averaged 81, ranging from 64 to 100.
Wage Redueti >n at Fall River.— Tho strike against tne reHuntsville, Texas— We have had rain on two days of the daction of 123^ per cent in wages in the mills at Fall River
week, the precipitation being forty hundredths of an inch. went into effeuc on Monday last, about 26,000 operatives beThe thermometer has ranged from 67 to 97, averaging 84.
ing idle. All the cotton-manufacturing establishments in
Kerrville, Texas. — We have had no rain the past week. the city except the Kerr Mills of the American Thread Co.,
Average thermomdtsr 80, highest 93, lowest 67.
the five mills controlled by the New England Cotton Yarn
Lampasas, Texas. — We have had no rain during the week. Co. and the Fall River Iron Works (M. C. D. Borden) Mills,
The thermometer has averaged 80, the highest being 96 and which are not in the Manufacturers' Association, are affected.
the lowest
63,
Texas.— There has been no rain the past week.
The thermometer has averaged 83, ranging from 67 to 96.
New Orleans, Louisiana. Rain has fallen on five days of
the week, the rainfall being two inches and six hundredths.
Average thermometer 79.
Longvietv,
—
Jute Butts, Baoging, &c.— There haa been nothing doing
but prices are nomiin jute butts during the week,
nally unchanged at Q}4o. for l^i lbs. and 6>^c. for 3 lbs.,
Jate butts very dull at l%@i%Q. for
standard grades.
paper quality and 2@2>^c. for bagging quality.
.
July
THE CHRONICLE.
30, 1904.]
Movement prom all Ports. —The
India Cotton
receipts
of cotton at Bombay and the shipments from all India ports
for the week ending July 28 and for the season from Sept. 1
to Jnly 28 for three years have been as follows.
at—
Since
Week.
Since
Week.
Sept. 1.
Great
Continent.
Total.
3,000
11,000
Britain.
1903 04.
190203-.
1901-02
Calcutta—
1903 04..
7,000 2,112.000
2,000
11,000
Continent.
Chreat
Bombay—
Sept. 1.
Since September
For the Week.
Exports
fr<ym—
Since
Week.
Sept. 1.
7,000 2,457,000
12,000 2,103.000
Bombay.
190102.
1902-03.
1908-04.
Seeeipts
Britain.
1.
Total.
859,000
893,000
489,000
94,000
76,000
9,000
953.000
969,000
498 000
1,000
4,000
5.000
3,000
46.000
44.000
45,000
2,000
4.000
6,000
2,000
5.f00
6,000
11,000
9,000
3,000
38,000
23,000
16,000
49,000
32,000
18,000
6,000
18,000
7,000
6,000
21,000
9,000
19.000
27,000
5,000
260,000
164,000
110,000
279,000
191 000
115,000
1,000
1902-03..
1901-02..
Madrss-
50.000
49,000
48,000
5J5
Nbw YORK—To Liverpool, per Bteameis Cedrio,
i.b'oo
1901-02..
1,000
All others—
1903-04..
1902-03..
1901-02..
S.o'oo
2,000
952
To Marseilles, per steamer Patrla, 25,
To Brrmen, per steamer Friedilch, 3,194
To Antwerp, per steamer Finland, 50
To et. Petersburg, per steamer Oscar II, 41
To Genoa, per steamer Algeria, 450
New OKUJAN8-T0 Liverpool— July 23— Steamer
11.000
33,000
12.000
4.000
3,000
25
3,194
80
41
450
Fiorldlan, 46
17,045
691
23
3,146
50
90
284
500
100
299
448
27,362
arranged in our usual form, are as follows.
Great French Qer- r-oth.S'rope—~ Mexico
ports, many. North, South,
dc. Japan. Total,
25 3.194
91
480
4.776
New York. 1,016
891
23 8,146
50
20.855
N. Orleans. 17,046
90
......
90
Mobile ...
......
284
284
Peosacola.
Boston
Baltimore
Phii'delp'a
128.000 1,203.000 1,331.000
117,000 1,124.000 1.241,000
1 59,000
679,000
20,000
11,000
37,000
15,000
1
1901-02.
1903-04.
1902-03.
556
67
6,466'062
Receipts (oantars*)—
This week
Since Sept. 1
6,741,483
6,467.436
This
Since
week. Sept. 1.
To Liverpool
To Manonester
To Continent
To America..........
This
Since
week. Sept. 1.
This
Since
week. Sept. 1.
2,C00 233,689
2.2^0 137,426
4,500 381,241
400 52,667
Exports (bales)—
448
299
448
114 3,596
50
27,352
The exports to Japan since S^pt. 1 have been 44,886 bales
from the Pacific Coast.
Cotton freights at New York the past week have been
25 4,174
Total exports
A oantar is 98 lbs.
1,047 204,456
145,086
"500 321,071
382 82,625
807 197,410
123,244
r,9()l
Wednes.
TAitrt.
firi.
12
12
20
20
20
12
12
20
20
20
12
19«31
13915
19931
13915
12
12
20
20
20
19 021
12
20
20
20
19921 19911
13® 16 18915 13916
28
38
28
28
28
26
26
26
26
26
26
Baroel'ns. dlreot.e.
18
18
18
18
18
18
aenoa
e,
18
15
16
15
16
16
rrleste
e.
25
36
25
25
26
26
Javan (via 8nez).e.
40
40
40
40
40
40
Qootatlona are cents per 100 lbs.
LrvBRPOOL. By cable from Liverpool we have the following
statement of the week's sales, stocks, &c., at that port.
—
417.« 3
1,929 753,238
9,150 775,023
3.433 841,369
Market.— Our
We
1904.
9h
32« Cop. ings,
1903.
lbs. Shirt-
8.
d.
9'. 6
Tuet.
12
12
20
SO
20
July
d.
8^U>s. Shirt- Cott'n
32» Cop. ings, common Mid.
Twist.
UpUis
to finest.
Uplds
Cott'n
common Mid.
to finest.
8.
d.
d.
d.
614 9
d.
8.
d.
8.
®9ia 5 lOifl'aS
5-96 8''8 ®938 5 9ia®8
9^ 5 10 ®8 9 6-36 8Ui8''9ie 5 8i3®8
" 15 9 -ai 9^ 6 11 «3 1012 6 72
5 9 ®8
" 22 S'a® 968 5 10i«®8 9
6-32 9
®94 5 10 @8
" 29 8ii,e'a>938 5 9 ®8 712 6-18 9
'ai9i« 6 10
®8
'a>9
lifl
958 5 10««'a>8 10
d.
9
8
6
6
712
1^2
d.
week
July 15.
Julij
22
bales.
44 OOC
61,000
33 000
Of which exporters took. ..
Of which speculators took.
1,00c
1,000
1,000
1,000
1,000
1,000
Sales American....
38 000
46 000
62 000
413.000
29
3
64
393
328 000
17 000
392 000
3770tO
16,000
6.000
36 000
28 000
55 000
4,000
Forwarded
Total stock— Estimated
Of wliioh American- Est'd.
Total import of the week
Of which American.....
Amount
000
453000
Actual export
9 000
78.00(
afloat
46,000
3 000
67 000
000
000
000
Of which American
37,000
1,000
2,000
33,000
2,000
47,000
356,000
248,000
12 000
7.000
47,000
26,000
30,000
40.000
S9000
The tone of the Liverpool market for spots and futures
each day of the week ending July 29 and the daily closing
prices or spot cotton, have been as follows.
Spot.
Monday. Tuesday. Wed'day. Thursd'y Friday,
Sat'day.
696
6-64
6-50
6-44
6 60
6-60
Government Weekly Cotton Report. —Mr. James Berry,
Chief of the Climate and Crop Division of the United Slat s
Weather Bureau, made public on Tuesday the telegraphic
reports on the crop In the Southern States for the week
ending July 25, summarizing them as follows:
Cotton has enffered to some extent from lack ol onltivatlon and too
rapid growtti In portlone of the central districts, and while aheddlnK
and mat are reported In places elsewhere, the crop generally has done
well. Bolls are now opening In the more southerly portions and picking has began in Texas, where ample rains have relieved the drounhiy
conditions prevailli/g at the close of the previous week. Boll weevils
have appeared in two Dorder parishes of Louisiana adjacent to tne
area affected in Texas, but as yet are causing no material injury.
Market,
12:30 P. If
M
Mid. Upl'ds,
Sales
Spec.
& exp.
Alexandria, Egypt, as follows
The high temperature during June was very favorable to the cotton
plants, which are now healthy, strong and look very well. They have
to a large exeni regained the slight delay previously reported. Water
was abundant, and such an easy supply In June has rarely been
witnessed before.
Worui and egirs In small quantity hnvo been
noticed in several diHirlois, but the heat checked ihem and there has
BO far been no appreciable damage. Heports from Upper Kwypt are
quite as good a« the foregoing. In the Kayonm some backwardness is
reported, owing to the supply of water having been uneven.
Qnlet.
Qal«t,
Moderate
demand.
Qnlet.
6 14
6-12
608
6 08
6 04
618
3.000
8,000
6.000
6.000
6.000
300
300
300
8,000
1,000
300
300
Market
opened.
Qnlet.
Qnlet at
Market,
4 F. H.
Basr at Br'lTst'dj
7«18 pta. 1@6 ptg.
decline.
Quiet,
tlnch. to
2 pta. dec
decline.
nnob, to
1 pt.
dec.
Very
tt'dy
8 pts.
7 pts.
decline.
advance.
Qnlet at E'sTtost'y Veryat'dy Very Bt'dy Qalet at
pts.
Bai3 pti. i&tt pts. l@'Z pt*. 607 pU.
deollne
adranoe advance. adranoe.
Dull at
6910
3S4
ptg.
deollne.
Hdv^inoe.
The
,
I
prices of futures at Liverpool for each day are given
below. Prices are on the baais of Uplands, Good Ordinary
clause, unless otherwise stated.
Sat.
nonJuly 23. July 25.
1 12ifl 4
M. p. It. P. M
;i2ig
:
a previous page, the
exports of cotton from the United States the past week have
reached 27,352 bales. The shipments In detail, as made up
from mail and telegraphic returns, are as follows:
Quiet.
Quieter.
Futures,
Egyptian Crop.— The Report of the Alexandria General
Produce Association for the month of June has been furnished
to U8 by Messrs. Choremi, Benachi & Co. of Boston and
SHiPPma News. — As shown on
8.
725 103 082
report received by cable
to-night from Manchester states that the market is dull but
steady for yarns and quiet for shirtings. The demand for
both yarn and cloth ia improving.
give the prices for
to-day below and leave those for previous weeks of this and
last year for comparison.
Twist.
Mon.
—
Sales of the
Manchester
600
299
600
Beval, via Oanal.e.
Alexandf ia, JBgypt,
July 27.
8''«®
8H'a>
bales,
1,018
TotaL
—
d.
ToUU
Qeorgio,
The particulars of the foregoing shipments for the week
Acocrdlng to the foregoing, Bombay appears to show an as follows.
increase compared with last year in the week's teceipta
of 5,000 bales. Exports from all India ports record a loss
Satur,
of 26,000 bales during the week and since Sept. 1 show
an increase of 90,000 bales.
e.
12
Liverpool....
12
«.
Mftnohester
Alexandria Keceipts and Shipments of Cotton.
20
e.
Through arrangements we made with Messrs. Choremi, aftvre
20
e.
Benachi & Co., of Alexandria, we now receive a weekly Bremen
20
cable of the movements of cotton at Alexandria, Egypt. aambnrg
e.
The following are the receipts and shipments for the past 9hent, V. Antw'p.e. 191>«1
week and for the corresponding week of the previous Antwerp
e.
13^15
two years.
28
Rev»l, Indirect.. e.
J'ly 1
" 8
—
July 29 -Steamer Wayfarnr, 17.000
To Hamburg July 32— Steamer Gallola, 591
To R)tt€rdam— July 25— Steamer Mohawk, 23
To Genoa— July 29— Steamer Dora Balten, 3,146
To Veracruz-July 2<!— Steamer Norhelm, 50
Mobile— To Hamburg— July 26— steamer Roweua, 90
Pekbaoola— To Liveriiool— July 26-8teamer Graola. 284
B08T011— To Liverpool -July 27— Steamer Cretic. 800
To Manchester— July 2 ;- Steamer Iberl»n, lOO
Baltimobb— To Bremen -July 26 -Steamer Cassel, 299
eBiiADBLPHiA—To Liverpool -July 1—Str. Westernland, 448.
Total.... 19,393
Total all—
1903-04..
1902-03-.
1901-02..
J'e24 9i«®
64
Brit'n,
1903 04..
1902 03..
*
,
P. If . P.
d.
\
d.
d.
\
July
5 90 5
f65 88
July- Aug..
Aug. -Sept..
Sept. -Oct...
5 9016
S.'S
6 86
6 66!5ti9 %
5 35 5 395
Oot.-Nov... 5 24'6 26 5
Nov,-Dee..., 5 22 5 23 5
Deo.-Jan
5 20|5 205
Jan. -Feb
5 19 5 195
Feb. Mch. .. 5 20 5 195
Moh. -April. 6 20 5 21^5
April May ..
May- June..,
72
42
39
26
:J3
22
22
23
X
.
THE CHRONICLE.
516
BRfiADSTUFFS.
Friday, July
29, 1904.
The continued upward tendency
to prices for the ^rain
has had a etrengthening influence npon yalnes for wheat
Oflferflour, and they have been advanced to a higher baais.
ings o? desirable grades have bsen limited, due to small
stocks, and they have been particularly well held. The toInme of bueiness transacted has reached moderate propor
tions, although many buyers have continued to pursue a
hand-to mouth policy in purchasing supplies. Bye flour has
had a limited jobbing sale, and prioes have been firm. Cornm«al has been in fair demand and firm,
Speculation in wheat for tuture delivery has been fairly
active, and the tendency of prioes has continued towards a
higher basis. The news from abroad has been of a bullish
character, and this, with the uneasiness over the European
political situation, had a strengthening iDflaenoe upon grain
values. The reports relative to the American crop also have
been of a short yield, an estimate made by a prominent
Wes'^ern railrotid man that the yiel'^ will fall short of 600,000,000 bushels having considerable inflaenoe upon the market.
The movement of new wheat to market has been on an in
creasing scale, and this was the only factor thatf operated
against the market during the fore part of the week. Thursday the improvement In the political situation in Europe and
more favorable crop news from abroad induced profit-taking
sales, and part of the advance was lost.
The Cincinnati
lxxix
[Vol.
Exports of (i^raln aad Floar from Paclfle Ports.— The
exports of grain and flour from Pacific ports for the week
ending July 29, as received by telegraph have been as follows:
From San Francisco to Japan and Chiaa, 14,000 bbk. flo«r,
and to various Soath Pacific ports, 2,601 bbls. flour.
Combining these figures with those for previous weeks, we
have the following, wtiich covers the exports to foreign
countries for the period since July 1, 1904, comparison being
made with the corresponding period of 19 J3.
Mxports
Oais,
Flour,
Wfieat,
Corn,
BarUy,
Rye,
front—
bbls.
bush.
bush.
bush.
busK.
bush.
San Fran.
49,912
80,000
PugetS'd
Portland
49 912
47.000
Totai
tot. 1903.
80,000
QovEBNMENT WEEKLY GRAIN REPORT.— Mr. J»me3 Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the telegraphic reports on
the grain crops in the various States for the week ending
July 25 as follows:
Corn.— While higher temperature in the extreme northern portion
of the corn btjlt would have been more favorable, corn has made excellent growth and is In most promising condition generally throughout
The crop is now largely laid by in a satisfactory state
of cultivation, the early-nlanted being in silk and tassel as far north
as Nebraska. Iowa, and Illinois.
Winter Wheat.— With another week of favorable weather for harvesting and threshine; this work has advanced satlsfagtorlly, the
harvesting of winter wheat being nearly completed In the more northerly sections. In the Lower Missouri Valley the contlnaoui rains of
previous weeks reduced the yield and lowered the quality of much
the corn belt.
" Price Current" says that the winter-wheat harvest is pr*o
Threshing returns are limited, bat reports
from Indiana indicate some disappMntment elsewhere the winter wheat.
SpRiNO Wheat.— Some complaints of rust in spring
reindications remain unchanged.
To-day the market was ceived from portions of Iowa and South Dakota, but wheat are the
generally
stimulated durinc: the late trading on unfavorable crop news crop has advanced favorably, although poor and weedy on lowlands
In Northern Minnesota. The crop is ripening in the southern portion
from the spring-wheat belt. The spot market was quiet.
of the spring-wheat region, harvesting having began In Iowa
While
DAILT OLOSIHO FSIOBS OF WHKAT FUTCBES III NEtT YORK
early spring wheat has been somewhat Improved by rains in Oregon,
tri
Mon.
Thurt.
Sai.
Tues,
Wed.
much of the late town has been cut for hay. In Washington spring
Nom. Nom. Kom. Nom. Nona. wheal: is backward and snSerlng from dronaht.
N0.2 led winter, f.o. b... 107
tically closed.
;
J«ly delivery In elev
Sept. delivery in elev
Deo. delivery In elev
May delivery In elev
102i«
8214
9II4
100
91
89''9
90'''8
102i«
93i«
102l«
9<^
92
92^8
102i«
9314
92i«
1018s
9i<>8
93^
92%
....
DAILT OLOSnrO PBICB8 OF WHEAT FDrUBES IN OHIOAOO.
8at
Wed. Thur$.
fH.
Mon.
TUM.
July delivery In elev
Sept deUT. in elev
Deo. dellv. In elev
94%
95%
8778
8718
93»8
86^8
86i«
88 ^e
88>fl
89%
87^
883e
97^8
95%
97 ^a
8914
88i«
9014
8938
90i«
9II4
89
89 Ss
90%
Indian corn futures have received a limited amount of
speculative attention. During the first half of the week a frac^
tlonal advance in prices was established, the improvement
being In sympathy with the continued strength of the wheat
market. The crops news from the corn belt has been, as a
general rule, of a favorable character. Tne only complaints
have been of too cool temperature in a few localities. Thursday there was an easier turn to values, the improved
political situation in Europe and the break in wheat valutas
having a depressing inflaence. Business in the spot market
has been quiet and prices have followed futures. To-day
there was a steadier market following wheat. The spot market was more active. Sales for export were 170,000 bushels.
DATLT OLOSnie PBIOEI OF NO. 2 MIXED CORN IH NEIV YORK.
May
delivery In elev
Mon.
57
Bat.
Oashoomf. o. b
July delivery In elev
Sept. delivery In elev
Deo. delivery In elev
57
Tues.
49
45 Sb
49%
45%
56>4
55
55
54%
54%
5214
62
IN CHICAGO.
Wed. Thur$.
Fri.
4914
49%
49%
49''8
45''e
4618
451*
49%
45%
NEW
0.
0.
f.o.b.109%
f.o.b.106%
N. Dul., No. 2
Red winter, No. 2.. f.o.b.lOO
Hard winter, No. 2. f.o.b. 98%
Oate— Mixed, p. bush. 41 943
White
No. 2 mixed..
No. 2 white
43 951
Nominal.
NomlnaL
93.700
Com,
per
bush—
Western mixed
c.
956i«
No. 2 mixed
f. o. b.56ii
No. 2 yeUow
t, o. b.56»«
No. 2 white
f. o. b.56i«
Rye, per bushWestern
72 975
State and Jersey.... Nominal.
Barley— West
Nominal.
Feedtof
47
9,500
115.700
58.37S
29.370
463,74C
17,518
48.000
88.000
6.833
18.778
788.173
13.600
6.750
Kansas City.
85.186
1C0.161
171.45"
....
815,653
38lfi3i
180,112
S90
80O
5.000
11,700
76.6'
619,500
Tot, wk. 1904
81.000
18,000
809
9.110
4.000
7d.lC0
72,000
47,100
48,410
i3a,<oo
179.800
28.700
18.530
Bum ibt.
41.800
4,510
101,700
37.800
8.7«9,i{47
3.134,816
8,103.111
3,658,633
9,575.941
3,871,7
«
270 666
867 800
6.971.123
8,510,835
8,155.82^
66.951
....
..
61.119
97,891
76,181
18,619,390 316.660.149 |ie3.704.4S8 168.813.591 63.111.856 7,065,801
t0,210.S58 |Z14.S90.617 ,164.045.635 188.777.662 53 609.360 8.397,000
81.106.409 356.507.384 127.8S5.764 U0.5t2,3gi 80.H84.480 6.170.874
SswTork*.....^..*...
Boston
97.881
84.149
39.3S0
33.776
17,619
1.580
.«.»
^
.^
^
tloatraal
,
PBlla««lpkla......^ .
BaitlBor*
UskMoad
,
<«w Orlaaok*
.•wponll«wi....>.
HIlTastOB
o rtlant, M*..
M-iblle.
8,686
11.200
47.'; 97
WMk... .>..
814.866
867.114
WMkl003>...
*
951
4.800
,
100.4M
729
833
.
1,600
,
51,608
7 .068
40,839
830
1,481
a -.068
18.000
867
1.897
8.000
"8.006
Port Arthur
rotai
197.400
810.700
818.839
63,600
114,678
81,906
80,810
18.0C0
18.000
ao.seo
8U2.313
ei.i&i
116.860
26,851
7,I!<0
080.547
8,430,111
808,788
081.661
76'},9S0
888.067
Raoalpti to not Inolnde grain passing throagh
on throngk bills of lading.
New
7.908
86.720
8.291
60.490
Orleans for foreign
oorti
Total receipts at porti from Jan.
ollowB for four years:
iarl«r
V.
..
Totalgraln....^
"
1008.
11,181.875
1901.
18,800.099
81,466,607
38.109.012
81.061,804
1,872.006
616.976
B4.7»e,»60
67.849.108
30.807.760
2.231 eoo
61P80,071
81.159,416
11 sta.xia
£1,2V1,725
88,785336
S,96o,89>$
1,787.184
17,030.098
8,001,887
8,837,848
83.810.001
bush.
lorn.
)bU
to July 23 compare as
IMSS.eSt
bbls. 10.808.619
tfftMt
1
1903
1001.
a$t*t9tSSt'loar.r......
157.449.060
100,691.101
888,816,077
l,6Ui.40t«
Theoxportafrom the several deaouard portiitot the week
eading Jaly 33, 1904, are shown in the annexed statement:
Otr%,
49,651
•ortiand,
llS,0!)e
M«.
47.797
.
2.1b8
['^trllur:
KobllS
Port Arthur..
«*«•
i,8<«7
lO.ooo
8.974
^llalalpkla
laUiinora
isw Orleans.
OaU.
Muh.
n<yar.
ft«ih.
117.178
48.A11
>7A«ii|,
MatffUtnm-huiit.
York
10684
SoStOD
0.
82
1,521,560
Toledo
Cleveland ...
St. Loais....
Peoria
By*.
81,840
891,621
833.180
Itinneapolis.
Detroit
Barity.
9ush.*a lb»
O19.30C
140.681
isi.oeo
111.610
36.750
.law
ORAIN.
N.DuL.No.l
Chloago
Mllwamkee..
Dnlnth
OaU.
ButhMlbt B%$h.32 lb
The recpilpts of flour and grain at the seaboard ports for
49% the week ended July 23, 1904, foUow:
45%
Baritt,
Utrm
FISUT,
»va<«i,
45%
hut*
kklf
»«ik.
Huh
4918
4514
45
Oats for f ature delivery at the Western markets have been
moderately active. According to some of the crop reports
there has been greater damage to the crop by rust than gen
erally believed, and this, together with the strength of values
for other grains, had a bullish inflaence, Thursday there was
a reaction under favorable weather reports and profit- takiog
The spot market has been fairly active and steady.
sales.
To-day the market was firmer.
DAILT CLOSING PRICES OF OATS Uf
YORK.
gal.
Mon. Trus.
Wed. Thurs,
Fri.
Nom. Nom. Nom. Nom. Nom. Nom.
No. 2 mixed in elev
Nom. Nom. Nom. Nom. Nom. Nom.
No. 2 white In elev
DAILT OLOSINO PRICES OF NO. 2 HIXED OATB IN CBICAOOi
Ihuri.
FH.
Sat.
Mon. Tues.
Wed.
41i«
89''8
July delivery In elev
39%
89%
39%
39%
Sept. delivery tn «lev.... S2''e
83
SSk
33%
SSk
38H
8314
Dec deUvery in elev
3S%
38%
38%
83%
83%
36ie
3514
3514
May delivery in elev
34%
86
85%
Following are the closing quotations:
FLons.
Nominal.
Nominal.
Fine..
Patent, winter
Superfine
Olty mUls, patent. 5 40 «5 90
(3 25 'a>3 86
Ryefloar.tiapertlne 4 15 94 70
Extra, No. 2
8 40 93 50
Extra, No. 1
3 25 93 70
Buckwheat flour.. Nominal.
Oom mealClears
8 96 •4 70
470 95 20
Western, etc
2 90 »3 00
Straights
5 30 96 00
Brandywlne
3 05 93 10
Patent, spring
Wheat, per bush—
Oom.
Wheat.
jrioiif.
Bbil.l96II)t Buih.eoibi
Since A%». 1.
1903-1604
1902-1908
1901-1908
57
49%
lUcHvtt at—
Same wk. '03.
Same wk. '08.
&4')t
561s
The movement of breadstuSs to market as Indicated in the
itatements below la prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the weekending July 23
and since Aug. 1, for each of the last three vears have been:
Fit
56i«
5414
54S8
65^
64^
44C8
T/iur$.
57
66H
54k
51%
62 14
52
DAILT OLOSINO PBIOES OF NO 2 HIXED COBN
Sat.
Mon. Tues.
4914
4914
July delivery In elev
4 9 'a
Sept. delivery In elev
Dec. delivery In eler
May delivery In elev
Wed.
Oats —Oats harvest hasioontlnued under favorable conditions and is
nearlng completion In the Lower Mistourl and Upper Mississippi valleys.
In the more northerly seotions the maturing crop is very
promising.
267.887
•••••
8,000
26O
400
-93^
8.000
........
Total weak ,n32411 607,404
aam«tlint'08..1.»8S,l6a 1,254.989
ibu.
10.7<)ti
27,616
15.920
10
kit**
»«ijk.
1,004
28,830
200
81,618
1,601
81,588
11,973
ISO
> •
•<
•
.
357
ll.OeO
8.635
jjj-^^
117.822
212,369
119,661
_••
112.581
121,04t}
....„•88,925
6,747
—
.
.
July
:
.
Tbe destination of these exports fox tbe week and since
1, l9Ci, la aa below:
July
-.
flour.
tlour,
,
W$§h aine*_Jvlv
W$§'k Sine* Jvly
July
July 1 te-
bbU.
t.k 0. AmarlM'
wait indl«i.>-v
li.M.Am colo'i
184,849
5.664
11.038
1,
4,«b6
^353.383
1804.
I.IW
Corn.
>
T^«<ii fl4n<t J«it
83,
1, 10r4.
Jwlv
bu«h.
88.176
46.501
y,5b6
18.804
63,9t<6
1
Otkar oosBtrlas
-.otll
Whtat
Wt»k Bin*t July
468,980
73,U84
63,820
30.9Sa
117.822
OnlUd Kinrtfont
Oontlnant.. •.••*•
^—
July 23
bvth.
1, 1804.
28.
bbL$.
1,880,589
146.001
532.144
1,476,400
77.193
404,219
081
23,468
114
8,432
~607.404
buth.
?57,044
boci.aio
13,«B0
»il.l8S
1,«29
3,e44
1,758,145
r?tVlW«»-°8"- 812,890 1.044.363 1.085.196 6,453 r3 1.254,060 5,128.474
The visible supply of grain, oomprls ng the stocks in
granary at the principal points of accnmnlation at lake and
Mftboard ports, July 23, 1004, was as follows*
4
Whft,
|li(t«r««t—
^
658,000
.^«.
Boiton.
Pklladalfhla
80,000
2i.ou0
437,00(
.^
Baltlmora.....
Haw
144.000
l77.0oo
63,000
814,000
269.000
6.000
860.000
187,000
2,000
14,000
173,000
25,000
221,000
222,066
102.000
"7,000
50,006
s.odo
1.043,0C0
2.e63,60b
ios.ob's
472,066
73,000
iss.ooo
»„,!•••
l.|?t*i*»
83,000
" 1,000
"67,000
'
<
afloat
«46,i)00
971,000
8,000
49.000
I.OOO
83,ee(
18,666
1S3.O00
848,0UU
84,000
"5.66b
878,'OPO
10,000
9,000
1,286.000
afloat
Ulaxaapoin
Bt.LonU
Do
4.('7poi)«j
280,000
afloat... ,>..
KaniaiOity
•••nVA:,
^^.^•°A°
11,000
"79,000
8,000
54,000
68,000
S4,ouv
iVi.boo
104,000
»59.o66
188.000
iii'o'on
JnlT 28,1004.. .13,175,000
July 16, 1004. i8.np,ooo
Jnly 25. 1908. ia,Of'0,ooo
July 26, 1002.. 81,591.000
July 27, 1901., .80,!i70,000
5,778,000
8,084,000
7,911.000
7,486,000
18,387.000
3.007.000
3,88H.O0O
6.229,000
798,000
780,000
634,000
894.000
5,e67.O0O
653,000
1,000
Paoria.
iBdtanapoUi
.....
on iflaiiiitppi Blrar.
OaLakai
oaaanalandrlTar. •
Total
Total
1.000
i8,aou
oo.odi
je.ooo
D«lath
ToUl
«2,«00
113,000
563,000
Fort WUllwn
Port Aniiar
Total
Total
800,OUU
871,000
182,00b
60,00C
^.
Do afloat
Do afloat
Datioit
Do afloat
OUtago
Do afloat
MUwankaa
Toledo
kttik.
116,001
148,000
613,000
-...„.
fforonto
IBflalO
Do
BMrlt\
k«lA.
ktttk.
824,000
'••„^
OTiaant..>«,.».M
oaiTafton .....^..««.
^.,^
MOBtraa)
DO
OatI,
Oorn,
kwfJk,
KewYork
Do afloat...
M
;
THE CHRONICLE.
30, 1904.]
MX9»rU for
,
16, OOP
250,0f0
968,000
366,000
100,000
308.000
260,0fi0
THE DRY GOODS TRADE.
New Yoek, Friday, P. M. July 29, 1904.
While there haa been slightly more activity in the cotton
goods market during the past week, the improvement has
not been so great as sellers had expected in view of the
have occurred.
Orders have been received in rather greater number for goods for immediate
delivery to supply current needs, but there are as yet no
signs that buyers are prepared to operate on a more extensive
Ths operatives' strike at Fall River, which has rescale.
sulted in tbe closing down of practically every mill in that
section, acd the decision of the manufacturers in the South
to work twenty-five per cent shorter time during the months
of July and August, would, it was thought, have impressed
buyers with the necessity of protecting themselves against
future emergencies. So far, however, the only effect lihese
have had has Veen upon sellers, who are holding more firmly
to current quotations and refusing offers which would readily
have been accepted a few weeks ago. This is particularly
the case in the export department, where many bids have
been refused and where prices in some instances have been
advanced J^c. to 3^c. over recent figures. In several instances stoc&s in first hands are small, and while there is no
danger of a serious shortage, this fact is making sellers more
independent. Buyers, on the other hand, point to the continued favorable reports on the growing cotton crop as their
principal argument against making purchases ahead. The
men's wear woolen and worsted market has been very active
during the past week, and prospects of a good season are
favorable. There is further talk of advancing prices in view
of existing conditions in the raw material market.
Domestic Cotton Qoodb.—The exports of cotton goods
from this port for the week ending Jnly 25 were 1,649
packages, valued at |111 809, their destination being to the
points specified in the tables below
developments that
517
prices have shown a distinct advancing tendency, is
having an effect on other sections. Converters have been
showing more activity, but the jobbing demand continues
In bleached cottons there has been a slight increase
light.
in the amount of orders coming in, but there is no disposition to operate in future deliveries, buyers confining themselves to the filling of current needs. Quotations are unWide
changed, but there is decidedly less irregularity.
shettings are being more inquired for and buyers are anxious to learn the earliest possible lime in which deliveries
can be made. Prices are held more firmly, but there is no
Sheets and pillow oases are
open change in quotations.
quiet at previous figures, several lines of denims have been
cleaned up, and prices now show a slight advance. The demand for tickings is somewhat better, but other coarse, colored cottons are slow, with prices unchanged. There is little
doing in Canton flannels and cotton blankets. Kid-finished
cambrics are dull, with a poor demand. Staple prints are in
moderate request, but the demand for fancy prints is small,
and they remain without quotable change. Ginghams are
quiet and unchanged. Print cloths are firmer, especially for
wide 64s, sales of which have been made at 4i^c., or an advance of 3^c. Regulars remain at 8c., with odd goods q[UOted
on a slightly lower basis than this,
Woolen Goods.— The market for men's-wear woolen and
worsted goods has been quite active during the week, and
the volume of business has been entirely satisfactory to sellMany more buyers are in town and are purchasing
ers.
freely of the lines which have been shown. These include
practically all except the very highest grades, and most of
these have been privately shown. Prices remain unchanged
from last week, but in view of the continued firmness of the
raw- material market, it seems probable that the sellers will
advance these before the end of the season. A feature of the
market is the preference shown for mercerized lines which
are proving strong competitors of medium- priced woolen
goods, while grays continue the favorite colors. The business
in heavy-weights during the week has also improved, many
buyers who are in town seizing the opportunity of placing
orders in this department. Prices show an advance over a
couple of weeks ago of about 2J^c. a yard. Overcoatings are in
moderate demand, as also are cloabings. Woolen and worsted
dress eoods are slow and little disposition is being shown to
open lines for next spring season. Prices remain unchanged.
Foreign Dry Goods.— There has been no new development in the imported woolen and worsted dress goods market during the week, the return business at first hands being
small, High-grade specialties continue the best in demand.
Silks and ribbons are quiet, with a small dtmand, and prices
remain unchanged. Linens are in very moderate request
but are firmly held. Burlaps are featureless.
Importations and iVarelionse TFlthdravrala of Dry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending July 29, 1904, and since
January 1, 1904, and for the corresponding periods of last
year are as follows:
where
g
cr<.
t»E
o
—
»
B
©:
;
a
a
m
;
.
.
;
:
;
©2.5
B g
d
,
;
.
:
:
;
;
5'
*
•
3.
S
:
!
!
d:
I
^
o
:
•
•
Week.
Since Jan.
445
499
Great Britain
Otber Earopean.
China
196
46.649
4,627
13.302
6,022
10.916
Central America.
61
881
1,817
8,373
Bonth America...
Other Ooantrles.
734
870
1,649
India
Arabia.
Africa
West Indies
Mexioo
Total
1.
Week, Since Jan . 1
1
829
107,'^05
30,526
9,020
469
108
244
916
368
9,263
23,673
6,829
17.47W
1,835
6,899
34,724
6,402
130,696
6,476
216,943
1,840
1.008
The value of these New York exports since Jan. 1 has been
18,011.557 in 1904, against $9,498,494 in 1903.
There has been some improvement in the demand for
brown sheetings and drills during the week, but only for
goods for in mediate delivery, and in several instances buyers
have been confronted with a Bcarclty of spot supplies that
had not been expected. The firmness in the export division.
:
a
<r
•
.
a
a
•
.
ci
a
•
a
m
:
:
:
£
p; §
a
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:
•o.
I
et-a
O'.
p aw M
a H'wMM
"(-•eis
-4
'
coitk.
coo
ait£>*«-]
I
atOMMts
toi-tOMi»
BO
MODOS^J^I*
I
MMOftOiW
ODCO
o»co
MtS
coV
OSOCJiVsO
Kkococats
>.. If. l-a |(t
WW M CO 01 M 00
C^
«^
«
oco a too
*>>^aa3i^
ooooviio
i
I
woo
PPPf^OD
•^QOQOCOOO
oal-a
I
ODU-OMOI
«M
lo'toViO'la
1^00-400 00
CO
-i»
~4C^
*^Oi
O0Ol»lvl
if>.a»3co<»_
en
!
'w'*^
ODtOKooa
l«^
»M
MM
M CO X ts cn
O) ^
i
to to to
>ka
<l
00
I
QOOIOMC;!
^
ODCO
0100
OOCJ"
I
OD
COoiMWOS
.*
I
oDco'n'ik'*
t9
M
O
aoccx* w
!
coco 10 03 <0
^iio
coawco
-Jp-
0>0-40»S
esto
c;>
I
10
•4
to
vta
CO
^
I
» o p <l
Wf-agOCOOO
OJCO
^05
CO to
I
ooa->taM«9
CCCX-JtOi^
5!
ococohseo
cnoio-cdOD
oi*-
I
SC^CXOOO
CDCDmOBV)
aa»
y CO...
5 o?
C003C0<JM
CO^OO AOO
VqdVccV
MMOoce
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wo MVacDcoco
-a CO
1,332,2182,113,032 3,538,969 4,698.493 2,536,620
CO
u: »a
O 10
I
M MMfc9»J
I
toaicocc
I
00 00 to
000
M
M»o««o«eo
oo<c*.o«_-vi* :r
w
05
cja^oooca
0>0B-JOC»
In
coacx^to
p_-ia_co_oo
-JQDObOi
O
Ij'tq'tijdoO
tOtOCCVIOD
<!«
^1^
VOO
-4'sJCO>-'CK
COiCtOO*'
oaobcOM„ P
co^M^-aD« ~
«aooo3oa>
MM
MMtOl^tO
Vol <I 01 CD
oco
too
OCOOXIM
j^~JCO|Up>
""-m'^-MCO
coca
coVo
MO)
cobi
Mp-COi^tS
I^WM-IO
56,468,971 14,219,332
5
M
s
a-iCXCOOtO
coco
«k
acO
^CH
CO
oD
-J
to
1
I
OOOb
CXOOOOtOOl
c coCTOiio€e
Gb^lt^CQCO
ODOD
LSI.")
27
76
425
a
a>
a
c^co
Nbw Yobx to July 25.
£:
B
a
(3
^'a
1903.
1904.
;
s
:
•
§329^1
U"00_^CO<I
oa
to 00
co>-
MCO
oo^Cfiilkcn
I
a- CO
I
I
i
OpcD OKM
CO'^iKOiM
Ooomao-3
0<> -J^cy
Ok (''COOD 90
c;<
10 00
»a
l(>O0Dt0>4
I
.^
*
I
'
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o;i
——
:
:
—
THE CHRONICLE.
518
Br^rt AWB City D$^f^BTwr£WT,
^Ixje (£jhxonxclz.
PUBLISHED WEEKLY.
Terms of Subscription— Payable In Adrance
910 00
6 00
13 00
7 50
For One Tear, Inoladlng all Supplbmbnts
For Six Months
Enropean Subscription (Inoludln^ postage)
oropean Sabsorlptlon
Six Montfia (inolndlng postage)
Tlie Railway aitd Industrial Section, Issued quarterly. Is furnished
without extra charge to every annual subscriber of the Oommebcial and
Financial Cheoniclk.
The State and Crrr Section, issued semi-annually, Is also furnished
witKout extra harge to every subscriber of the Ohbonicle.
The Street Railway Section, Issued three times a year, is likewise
furnished without extra charge to every subscriber of the Chronicle.
The Bank and Quotation Section, Issued monthly, is also furolshed
without extra charge to every subscriber of the Chboniolb.
Terms of Adyertisingr—(Per Inch
Space).
Transient matter (each time) $4 20 Three Months (13 times) ... $29 00
Six Months
STANDLNO BUSINEB8 CARDS.
(26 times) ... 60 00
Two Months
$22 00 Twelve Months (52 times) ... 87 00
(8 times)
WIIililAm B. DANA COMPANT, JPabllshers,
Pine Street, corner of Pearl Street,
NEXT YORK.
PO«T Otfiob Box 958.
News
[Vol. Lxxii.
water plant now building, seems to have been construed
locally and elsewhere as invaiiflating the |210, 000 waiter bonds
sold last year for water purposes.
have obtained from
Joe Kirby, Esq,, an attorney in Sioux Falls, the following
bearing on the decision:
JCLT 21, 1904.
Dear Sirs— Rf plying to your hind favor of the IRth Inst., In whloh
yon ask If the Feaeral Court of this place recently decided the $210,oOO water boDris Issued by this city last year to be Illegal, will say no
fuoh decision was rendered. In fact no snob question was before the
Court. The report, however, has probably grown out of the opinion
handed down In an action In the Federal Oourt here broueht to restrain the city from Installing a water plant of its own. The opinion,
which was written by the local district Judge sitting In circuit, covers
some forty type-written pagfs. In this he decides that the «Id water
company baa not an exclneive franchise, and that the city has a
right to Install and orerate a competing plant or its own, but enjoins
It from 80 doing on the ground that It had not proceeded legally in
accoroance with the State ConRtltutlon In the matter of calling an
election to determine the necessity of Installing such plant. He also
refuses to follow ihn decision of the State Supreme Oourt on this
ques'lon, claiming that as the action in tbe Federal Oourt hal been
brought at an earlier day than that of the State Court, the fact that
the State Court had decided the election valid under the Constitution
did not bind the Federal Court. When the opinion was first handed
down one of the attorneys In an interview In a local paper stated that
the Court had deteiiiilned the bonds invalid, and that the city could
nevfT Install a plant of itstwn. A. meeting of the taxp*yer8 of this
city was called. At this meeting It was estimated that 9U per cent of
the recldent taxpayers appeared, and they uoanlmously adopted res(latlons that the bonds were issued on the honor of the city and that
they must and should be paid, and also instructed the city to appeal
from the Judge's decision to the oourt of last resort.
It is proper to add that the State Supreme Court last fall,
as was reported in these columns at the time, held unanimously that these bonds were constitutional and lawful. See
V. 77, p 851; V. 76, pp. 1159, 935.
We
Items.
Bond Calls and Redemptions.
West Vax^.— Litigation,—The following,
Aurora, Mo.— Bond CaZZ.— Interest ceased July 1 on, 5%
relative to a suit to prevent the West Park Board from issubonds N08. 6, 7 and 8, dated July 1, 1897.
ing $1,000,000 bonds, is taken from tbe Chicago "InterEranHton Township (III.) Scnool District.— BoTid Call.—
Ocean " of July 22
George P. Merrick, President, and Wlnsor Chase, Secretary
Phllo F. Pettibone, 159 Warren Avenue, has begun suit for an In- Boara of Education, call for payment Sept. 1 at the First
junction in the Superior Court to restrain the West Park Board from
issnirg $l.f 00,000 In bonds. The bonds are to be put out, it Is de- National Bank of Chicago, hi^h-school bonds Nos. 101 to
Chicago
(111.),
:
clared, for the extenflon of the small park system on the West Side
under a resolution recently adopted by the board.
Attorney Albert M. Kales, who filed the bill for Pettibone, says the
suit is a friendly one, brought for the purpose of getting a decisive
optnloD in the Supreme Court on the validity of the law under which
the Park Board is seeking to issue bonds.
New ProTidence Township, Union Connty, N. J,— Litigation.— Ro^&nd M. Smyth of New Yoik City, according to the
Trenton "True- American," has brought suit in the United
States Circuit Court to recover on bonds issued by this township in 1J^68 in aid of the Passaic Valley & Peapack Railroad.
New York Citj.—Tax Kates Adopted,— The Finance Committee on July 26 reported to the Board of Aldermen the
rates of taxation for 1904. The figures (per |1,000 of valuation) are as follows
On Property Liable
io
Boroughs—
Manhattan and The Bronx
<6
On Property Ex-
Taxation for Lo-
cmpt from Tax
Vity, County
State Purposes,
ation for State
Purposes.
cat,
110, inclusive, issued Sept. 1, 1891.
Laclede County, Mo. Bond Call,—C. E. Windsor, County
Treasurer, calls for payment August 1 at the Third National
Bank in St. Louis, county funding ' onds Nos, 45 to 48, inclusive, for $1,000 each, dated June 8, 1888.
Ralls County, Mo. bond Call.— Call is made for payment
August 1 of i% bonds Nos. 29 to 33, inclusive, each for |1,000,
dated Feb. 1, 1893.
Bond Proposals and Negotiations thii
week have been
as follows:
Ackerman, Miss.-Bond Offering,— Oa July 22 an ordinance was passed providing for the issuance of $12,000 5% 20year fchool-building bonds. Proposals for these bonds, it is
stated, will be received by the Board of Mayor and Aldermen
Augnst 2,
Akron, Ohio.— Bond Sale— We are advised that the $19,00 i% refunding ana the $30,800 4% refunding bonds deKlchmond
15-8485 +
sciibed in V 79, p. 115, have been sold.
Passaic Valley Sewerage District, N. J .—Constttutionality
Bonds Authorized. The City Council has authorized the
of Act Upheld,— A decision waa handed down in the State i8^U'^nce of |14,<i00 5% Falor Street bridge bonds. DenomSupreme Court on July 23 of great importance to the citizens ination, $1,000 Date, June 1, 1904. Intf rest, semi-annual.
of the Passaic ValUy. The decision upholds the constitu- Maturity, $5,000 June 1, 1906; |5,000 June 1, 1907, and $4,000
tionality of the Act creating the Passaic Valley Sewerage June 1, 1908.
District, and, incidently, legalizes the proposed $9,000,000
Albert Lea, Minn.— Bond 8ale.—0a July 1 -^n issue of
bonds authorized to build a system of truck sewers from the $32,000
refunding bonds was awarded to N, W. Harris &
falls at Paterson to the meadows below Newark and thence Co., Chicago, at par.
Denomination, $1,001. Date, Jaly 1,
into New York Bay. The decision was read by Justice 1904
Interest semi-annually in Chitiago. Maturity, July 1,
Pitney and concurred in by Justice Qarrelson a minority 1924, eubj -ct to call after Jaly 1, 1914,
report being filed by Justice Fort. The opinion is of such
Albion, Mich.— Bonds Defeated.— The election held July 11
length that we cannot even print all the points enumerated resulted against the issuance of $30,000 highschool-bailding
ia the syllabus.
bonds. The vote was 129 for to 266 against.
The suit was one brought about a year ago by the City of
Albion (N. Y.) School District No. i.— Bonds Defeated.—
Paterson through its City Counsel, Michael Dann, the city The proposition to issue $40,000 school bonds failed to carry
claiming that it was authorized by L^gisiature to empty its at tbe elf ction Jaly 11 by a vote of 98 for to 171 agaiast. We
sewage into the Paasaic River and that sewers had been are advised that there will be another proposition submitted
built for the purpose. Mr. Dunn also represented Frank in tbe near future.
Van Cleve, a tax-payer, whose real estate had already been
Allegheny, Pa.— Bonds Authorized.— The issuance of $40,assessed for tbe building of one of the old spwers
Oa this 000 electric-light-plant bonds has been authorized.
point the Court held that "the Acts under which the City of
Avpleton, Wis.- Bond Sale —On July 22 $100,000 it highPaterson was authorized to empty its sewage into the Passaic school bonds were awarded to N. W. Harris & Co Chicago,
River amounted merely to a legislative license, revocable at at 101'19. Denomination, $1,000. Date, Aug. 1, 1904. Inthe will of the Legislature whenever the public health and terest, semi-annual. Maturity, $5,000 yearly on February 1
safety require."
from 1905 to 1921, inclusive.
It is stated that the case will be taken to the New Jersey
Bonds Fofed— This city on July 19, by a vote of 1,179 to
Court of Errors and Appeals.
25, authorized the City Council to issua bonds for the conThe decision is also of much interest to residents of New struction of a water plant,
York City, as it is contended that the depositing of so much
Ardenhurst, Itasca County, Minn.— Bond Offering —Prosewage in New York Bay will be detrimental to the health posals will be received until 2 p. M August 25, by Frank
of the city and conducive to epidemics of typhoid fever and W. Magnueon, Town Clerk (P. O. Bergville), for $i,0(JO
other contagious diseases. So important is the matter con- 20-year bcnd^. Authority for issue, Chapter 36, Laws of
sidered that over a year ago a commission was appointed by 19('3, Interest annually on July 1.
the Governor of New York State to look into the subiect.
Arizona.— Bond Offering. Proposals will be received until
See V 77, p. 311, 161 and 106.
3 P M., August 25, by the Board of Regents of he Uuiversity
Sionx Fulls, So. Dak.— Decision in Water Case.-A. de- of the Territory of Arizona— Geo. J. Roskruge, Secretary
cision handed down July 11 by Judge Sanborn of the United for $11, OLD 5;^ gold bonds.
Dtiuomination, $1 000. lotereat
States Circuit Court and by Judge John E. Carland of the annuilly in January at oflBce of Territorial Treasurer in
United States District and Circuit Courts, in the case of the Phoeaix. Maturity "within twenty years " Authority, Act
South Dakota Water Company against the city of Sioux No. 47 of the 22d Legislative Assembly of Territory, which
Falls, enjoining that city from completing and operating the Act has been approved by the Congress of the United States.
Brooklyn
Queens
$16*1342+
15'7296+
15-7228+
15-9281+
$l&'05i6-f
15-65no+
15*6432+
until
1
—
H
—
,
,
—
H
——
—— —
July
,
THE CHRONICLE.
30, 1904.]
519
check for 5^ of amonnt bW, payable to E. E.
required.
These bonds
F. Schumacher of Tucson at
were awarded on Jnly 5 to
105'181, but, owing to an error in the advertisement, the
Canandalgna, N. Y.—Bond Sale.— On July 26 the $100,000
gold street-improvement bonds described in V. 79, p. 226,
were awarded to E D. Shepard & Co., New York City, at
100*29 for 3'65 per cents. Following are the bids
was not consummated.
Atchison, Kan,— Bonds to be Taken at Home.— We are advised that the |30,000 5i internal-improvement bonds voted
at the election held June 29, 1904, will probably be taken by
B. D. Shepard & Co., for 3-66b.
N. W. HHrrls & Co., forS-HBs .
W. J. Hayes & Sons, for 3-75s.
O'Conuor & Kahler. lor S'SOs.
A
certified
Kirkland, Territorial Treasurfr,
C
sale
:
.100"20-
8.
I
.1(j0"023
.100-36
.100-38
A. KeaD,for43
102-00
Canandaigua Nat. Bk., $50,000 4s. Par
Amsterdam Sav. Bk., $ao,000 4s. Par
I
I
Canton, Ill.-Bond Sale.-Oa July 26 $12,000 ii 10-20-year
local investors.
(optional) water- works bonds were awarded to the Canton
Atlantic City, N. 3 —Bond Offering,— PropoBSk\B will be National Bank for $12,251 and interest. Denomination, $500.
received until 12 M., August 22, by A. M, He8ton,.City Comp- Date, June 21, 1904. Interest annually in June.
Canton, Miss.- Bond Election,— The question of holding
troller, for the following bonds :
an election to vote on the issuance of sewer bonds is talked
4;<« gold coupon pavlnjr bonds. Denomination, $1,000. Date. May 1,
1195.000
1B04.
York
90,000 4% K
Interest, semiannually at the Hanover National Bank, New
City. Maturity. May 1, 1924.
coupon goiiool bonds Denomination, ll.noo. Date, July 1,
ild
City.
Interest 8emi-annn«lly at the Guaranty Trust C'>., Atlantic
Maturity, $6,000 yearly on July 1 from l»o6 to iH2a, inclusive.
may
be
39
Bids
14.
made
for one or both of the issues.
Proposals
must be made on blanks prepared by the City Comptroller.
Either money or a certified check, payable to the City Comptroller, for $4,000 in the case of the paving bonds and $1,500
in the case of the school bonds, required with bids. The
legality of these bonds has been approved by Messrs. Dillon
& Hubbard of New York City, and the securities will be certified to as to genuiner ess by the United States Mortgage &
Trust Co. of New York City.
The offlcial notice of this bond offering will be found among
the advertisements elsewhere in this
Department.
Anborn Tonnahip, Shawnee Gonnty, Kan.— Bond
Election.— An election will be held August 2 to vote on the
question of issuing bonds in aid of the Topeka Eskridge
Council Grove Interurban Railroad.
Angasta (Me.) Water District.— Bond Q^crinflr.- Proposals will be received until 6 p. m., August 10, by the
Trustees of the Aogusta Water District for $480,000 i% 30
year gold water bonds. Geo. E. Macomber is Treasurer of
the district.
&
Aastin, Tex. Proposition to Lease Water, Light and
Power Plant A committee of citizens recently submitted
to the City Counoil a plan for the rebuilding of the dam and
power house destroyed by the floods of April, 1900. The plan
provides, among other things, for the leasing of the plant to
Dr. John N. Jacobs of Lansdale, Pa., under certain conditions.
For further details see item in our Investment Department elsewhere on page 602.
BarnesTllle, Ohio.— Bond Q^eringr.— Proposals will be received until 12 M., September 1, by E. M. Wilkes, Village
Clerk, for $75,000 5^ water- works bonds. Denomination,
Interest, semi-annual. Maturity,
$500, Date, April 1,1914.
$1,000 April 1, 1907, and $2,000 yearly on April 1 from 19u8
to 1944, inclusive. Accrued interest to be paid by purchaser
Certified check for \% of the amount of bonds bid for, payable to the Treasurer of the village, required.
Baton Rouge, La. Bond Elect on.— An election will be
held October 4 to vote on a proposition to issue $300,000 A%
—
bonds. aB follows
:
<169,U00 4S refandlDr bonds.
35,000 ts retundlng water bonds.
26,000 4<( water works bonds.
3B,00j 1% sewer extension bonds.
I
street and sidewalk- Improvement bonds.
$26,000 4^
1
26,000 i% schuol-building bonds.
I
be payable semi-annually on January 1 and
July 1. Maturity, 40 years, subject to call after 10 yeare.
Belding, Micb. Bond OJ'ertwg.— Proposals will be received
until 7:30 p M August 5, by George W. Moulton, City Clerk,
for $10,000 4« coupon water bonds. Authority, Chapter 313,
Laws of 1898. Denomination, $1,000. Date, Sept. 1, 1904.
Interest annually at the office of the City Treasurer. MaturBonded debt at present, $10,000; floating
ity, Sfpt. 1, 1916.
debt, $12 OJO. Assessed valuation, $1,614,360.
Blaine County School District No. 10, ldaho.~Bond Sale.
—On July 1 the $4,000 school bonds described in V. 78, p
2468, were awarded to the State of Idaho at par for 53.
Securities are dated July 9, 1904.
Interest
is
to
,
Boise City, Ada County, Idaho.— Bond Oj/mngr.-H. W.
Clement, City Clerk, is offering for sale an issue of $71,000 6$
10-20 year (optional) gold coupon refunding bonds.
Denomination, $1,000. Date, July 1, 1904. Interest semi-annually
in Bui8e City or in N»-w York City.
Braddick, Pa.— Bond Ecection.
The Borough Council
has decider! to eubmit to a vote on August 2 the question of
isening 150,000 bonds for vaiious improvements.
Barlingt'iu, Vt.— Bonds .dMi/iort«ed. At a city meeting
held July iiS the City Council was authorized to issue $50,000
bonds to build a public dock.
Caddo, Ind. Ter.— eond« P'ofed,- This town on July 18, by
a vote of 161 to 15, authorized the issuance of $15,000 echool-
—
lj5
—
building bonds.
Caldwirll Connty, Texas.— Bond fl^ai«.— The State Board
of Education has purchased at par and interest an Issue of
|8,5t
5-4C-year (optional) court-house bonds dated April
H
10. 19114.
Cambridge, Ohio.— Bond Sale.—Oa July 25 the $7,000 i%t
20-year North btventh Street improvement bonds describerl
In V. 79. p, 169, were awarded to Farson, Leach
Co. of
Chicago at 105 84 and interest. Following are the bids
Farson, T.eacb * Co Cblc
|7,40H 80 W. J. Hayes* Sons, Clave ..,|7,."?41 00
7.s85 00 Harden, Miller A Co., Cleve... 7.M 880
8. Kuhn A Sons. Clnclnuatl.
Well. Hot h A ro..C;incln
7.881 '« Now im Nat H'k. (Columbus... 7„H2tl 00
Sec. Sav. Bunk Co.. Toledo
7,3;,'>()0l I'rov. Sbv. Uk. ATr. Co.. Cin.. 7,324 80
BeaauiiKuua di .Mayer. Cluoin.. 7,868 86 P.S Hri«iii(*0n.. Olnoin
., 7.J!160"
W. K.Todd* Co., r.inctnnHtl.. 7,366 00 A. Kloybolle ACo., Clncm.... 7,210 00
&
:
I
.
|
l
I
Onion Say. Bk.&Tr.Co., CIn..
7,868 66
|
of in this city.
Canton, Ohio. Bonds Authorized,— The City Council on
July 11 passed an ordinance providing for the issuance of
$100,000 4% coupon water-works-improvement bonds. Denomination, $1,000. Date, Aug. 15, 1904. Interfst semi-annually at the office of the City Treasurer or at Kountze Bros.
New York City. Maturity, $25,000 in each of the years 1921,
1922, 1926
and
1927.
Carbondale, Pa. Bonda P>'(>posed.— Ordinances are before
the City Council providing for the Issuance of $17,750 redemption and $1,250 fire-department bonds.
CarroUtoo, Miss.— Bonds Voted.— Thia town on July 22
voted to issue bonds for water works.
Cedarbend, Roseau Connty, Mian.— Bond OJ'ering.— Proposals will be received until 3 P. M., August 13, by James A.
Gerrie, Town Clerk, for $900 6-year bonds at not exceeding
6^ interest, payable annually on December 1. Bonds are
dated July 15, 1904.
Cbadron, Neb.— Bond O^ering'.- Proposals will be received until 8:30 p. m., August 15, by the Citv Counoil, for
$40,000 5i refunding coupon water bonds. Denomination,
$l,()00.
Date, Aug. 1, 1904. Interest semi-annually in New
York City. Maturity, Aug. 1, 1924, subject to call after
Aug. 1, 1914. Certified check for $500, payable to B. L. ScoF. J. Houghton is City Clerk,
Temporary Loan.— Oa July 14 this city
Charlotte, N.
negotiated a 6 per cent loan of $50,0( with the Southern
States Trust Co. of Charlotte at par. Loan is for the purpose of making extensions to the water worbs. DenominaMaturity, June 1, 1905.
tion, $1,000. Date. Aug. 1, 1904.
Cblckasha, Ind. Ter.—Bond Election.— An election will be
held in this city to vote on the question of issuing ^20,000
bonda to retire outstanding indebtedness.
Cincinnati, Ohio.— Bond Bill Vetoed.— The Mayor has
vetoed a bill passed recently by the City Council providing
for the issuance of $300,000 4% 20-year street-re-surfacing
bonds. The Mayor gives as his reasons that the amount of
bonds already issued under the Longwotth Act "has become
dangerously near" the \% of the tax duplicate, and that with
this issue little or no margin would be left to meet any
emergencies that may arise before the end of the year.
Clark, Clark County, S. Dak.— Bonds Voted.—Th\& city
on July 19, by a vote of 145 to 31, authorized the issuance of
$18,000 b% 5-20-year (optional) water-works bonds. Date of
sale not yet determined.
Clarkfleld, Minn.— Bonds Be-adt7er<ised.— In the Chronicle last wtek, on page 282, we gave the offering of $"^,000 6<
water bonds, the sale of which will take place on August 8.
These bouds are the same as originally offered on July 15,
but on account of an error the sale was postponed.
Cleveland, Ohio.— BoTid O^ertngf.— Proposals will be re
ceived until 12 m., Aug. 28, by J. P. Madigan, City Auditor,
for the following bonds
vel, City Treasurer, required.
C—
:
coupon river and harbor $26,000 4« coupon cemetery bonds,
bouds.
160,0
i% coupon water bonds.
i% coupon city-farm school lOO.uOO 4% coupon bridge bonds,
1150,000 4%
I
1
15,000
I
bonds.
I
All the above issues are dated April 1, 1904, and will mature April 1, 1926. Denomination, $1,000. Interest, semiannually at the American Exchange National Bank, New
York City. A certified check on a national bank for 5;^ of
amount bid for, payable to the "Treasurer of the City of
Cleveland," is required.
Bids must be made on blanks obtained from City Auditor. Purchaser to pay accrued interest.
Cleveland Heigbtg, Ohio.— Bond Election.— An election
will be held August 23 to vote on the question of issuing
t50,Ono
water bonds.
Clifton Bill (Mo.) School District.- Bonds Defeated.—
This district recently defeated by two votes a proposition to
issue $5,000 bonds for a new school house.
tolllugwond, On.%.— Debenture O/Tfring.— Proposals will be
received until 12 m., August 2, by J. H. Duncan, Town Clerk,
for $25,000 A)>i% debentures.
Colorado Springs, Colo.— BoTid OJTcrmf/.— Proposals will
be received until 7:30 P. M., August 1, by K. M. MacMillan,
City Clerk, for $133,000 A% gold bonds to refund $^6,000 waterextension bonds, dated Oct. 1, 1891; $25,000 refuudlng water
bonds, dated Nov. 15, 1897; $22,000 sewer-exteution bonds,
dated July 1, 1890, and $30,000 bridge and viaduct bonds,
dated Aug. 1, 1891. Dttuominatton, $1,(00. Interest semiannually at the ofHoe of the City Treasurer or at thf Chemical National Bank, New York City.
Maturity. 20 yearn, eubn quired.
jf ct to call af tf-r 10 j ears.
Certified check for $5(
Colnmbas, Ohio.— Bonds Authvrized —The City Council on
July 18 authoriitd the issuance of $3i),0C0 A% 10-year streetrepair bonds, dated Sept. 1, 1904.
H
CnnnlDghan)(Wagh.) Sihool District.— Bond So/c—This
seme time tince sold at par to the Siate of Washington an iesne of $6,000 i\% echool-honee bonds. Detomlnadistrict
THE CHRONICLE.
520
Interest, annnal.
tiOD, |l,0O0.
to call after 10 years.
Harlem School
District, Choteau County, Mont.— Bond
an Issue of $10,25) 6^:10 20-year (optional)
schooi-bulldlDg bonds, dated July 1, 1904, was awarded to
the Union Bank & Trust Co. of Helena for $117 premium.
Hartford, Cona.— Note Soli.— This city has sold atpar to
the sinking fund a $255,973 13 d}4% note leaned to retire other
notes bearing a higher rate of interest. The note is dated
July 13, 1904, and will mature 0.!t. 1, 1939.
UaTerhlll, Mass.— Bond Sale.—O^ July 25 the $41,000 i%
coupon bonds described in V. 79, p. 283, were awarded to
Harvey Fisk & Sons, Boston, at 102*895. Following are the
M:itnrlty, 20 years, anbject
Sale.-Oa July
Dade County, Mo.— Bawd SiZe.— This county sold some
weeks aRO an Issne of $50,000 i% 7-20-year refnnding bonds
for $50,150 and expenses of issue, Denomination, $1,000.
Interest, s?mi annual.
Di,te, June 1, 1904.
Dallas, Texas.— j5o»da Registered.— O a July 21 the State
15-40-year (opComptroller registered an issue of |50,000
tional) public improvement bonds, dated Jan. 1, 1904.
H
Detroit, Mich,— Bond O^erinflf.— Proposals will ba reAugust 6, by F. A Blades, City Compceived until
troller, for $50,000 3% coupon (with privilege of registraDanomination, |1,000. Date,
tion) Museum of Art bonds.
Sept. 1, 1904. Interest semi-annually at the office of the City
Treasurer or at the current ofiSicial bank in New York City
or in Detroit. Maturity, Sept. 1, 1929. Either money or a
certified check for $1,000, payable to the order of the city of
Ddtrolt, required checks to be drawn on a national bank in
the United States or on a State bank in Detroit.
Donna Ana County (N. Mex.) School District No. 2.—Bond
O^eriwgr.— Proposals will be received until 12 M., August 6,
by Oacar Lohman, County Treasurer, at his office in Las
Cruces, for $13,400 6^ school bands of this district. Total
debt, including this issue, $14,746. Taxable value of prop-
Ham,
—
erty, $370,938.
Dover, Ohio.—Bond Sale.— On July 16 the $27,000 streetpaving bonds described in V. 79. p. 170, were awarded to
Bates & Hance of the Exchange Bank of New Philadelphia
at 102*074 lor 4i^ per cents.
Dover Township, Shawnee County, Kan.— Bond Election.
August 2 an election will be held in this township to
vote on the question of issuing bonds in aid of the Topeka
Eakridge & Council Grove Interurban Railroad.
Early County (P. 0. Blakelyl, Gn.— Bond Sale —This
county has sold to the Robinson-Humphrey Co. of Atlanta
—On
an issue of $40,000 b% court-house bonds.
$500.
Denomination,
Eureka (Kan.) School District.- Bond«;Fo«ed.— The
elec-
tion July 19 resulted in a vote of 395 to 886 being cast in
favor of issuing $25,000 i^^i 10-20-year (optional) high-schoolbuilding bonds. No date has yet been set for the sale of
these bonds.
ETeleth (Minn.) School District.-Bond* Fo<«d.—This
district has voted to issue $40,000 bonds for a new high school
building.
Flemlngr County (P.O. Flemlngsburg), Kj.— Bond ElecAt the general election Nov. 8 the question of issuing
$50,000 court-house bonds will be submitted to a vote of the
tion.
—
people.
Fowler Towngliip School District, Ohio.— Bond Sate.—
On
July 20 $6,500 b% 1-13-year (serial) school-house bonds
dated July 20, 1904, were told by the Township Clerk to the
Kingman National Bank at 103*077. Denomination, $500.
Interest, March and September.
Fredonia, N. Y.—Bond O^eringr— Proposals will be received until 7 P. M., August 1, by the Board of Trustees, for
$18,000 i% gold registered street-improvement bonds. Denomination, $900 or $1,800. Ddte, Aug. 1, 1904. Interest
semi annually at the Fredonia National Bank or in New
York exchange. Maturity, $1,800 yearly on August 1 from
1905 to 1914, inclusive.
Fremont, Ohio.— Bond Offering -Proposals will be received until 12 M, August 16, by the City Auditor, for $65,342 60 4>i^ bonds dated Aug. 15, 1904. laterest, eeml-annual,
Gait, Ont.—Debenture Sale.— Oa July 16 the $50,000 i% debentures described in V. 79, p. 170, were awarded to local
,
investors at par.
bonds.
We
T.) School District.— Bond Sale.—
are
advised that the $S3,000 i% 20-year funding bonds described
in V. 79, p. 283, were awarded on July 27 to F. P. Hjlran,
York City, at 105*821.
Griffin, 9&.- Bonds Voted.-Oa July 20 this city voted to
issue $100,000 light, water and sewer bonds. The result was
almost unanimous, only four votes being cast against the
sewer issue and two against the light and water issue out
of a total vote of 651.
Haddon field (N. J.) School District.- Description of
Bonds.—
are advised that the $3,000 i% school bonds
awarded on June 28 to Samuel C. Paris at 100 '50 (see V. 79,
Inp. 170,) are in denomination of $500, dated July 1, 1904.
terest, semi annual.
Maturity, $1,000 in each of the years
1919, 1920 and 1921,
Ualutad, Nurmau Count/, Minn.- Bond Sale.— Oa July 26
the $7,000 10-year water bonds described in V. 79, p. 116,
were awarded to the Browne-EUinwood Co., Chicago, at
100*142 for 514 V^^ cents. Following are the bids :
Qreenbargh (N.
New
We
Co., for BXi..»7,0l0
7,086
I
S.
A. Kean, for Oa
»7 001 40
|
Hamilton, Ont —Debenture Sale.— On July 31 $91,428 77 i%
local-Improvement debentures were awarded to the Bank of
Hamilton for $90,418. Securities are dated July 1, 19J4, and
will
mature part yearly
1
bids:
'
.larvey Fisk & Song. Boston .|41,981 S6
Geo. A. Kemald&Co., Boat.. 4l.h74 53
•i.A.
I
Kean.Chioaao
41 861 00
a. L.Day A Co., Boston
ll.f'So 9M
AdamB & Co.. Boston
41.82o 20
41,7>S3 10
ffistabrook & Co., Boston
W.J. Hayes & Sons, Cleve... 41,779 00
Vermilye & Co.. Boston
41,774 90
Blodeet, Merrltt&Co.. Bost. 41,084 701
I
I
|
Jacknon & Curtlt, Boston
141,074 01
E. II Rollln» ASong. Boat... 11,63017
H. W. Poor & Co., Boston.... «1,«2780
Mtrrlll, Oldham & Co.. Boat.. 41,57859
N. W. Harris & Co.. Boston.. 41,569 On
Blake Bros. 4 Co., BoBton.... 41,645 30
Lawrence Bamvim&Co..N.'y. 41,538 00
Denlson, Prior St Co.. Cleve-
land
dc
Boston
41,52070
Securities are part of an issue of $45,000 bonds— $16,000 for
Mtreet construction, $15,000 for street lighting, $10,000 for
aewers and |5,0C0 for bridges— of which $4,000 were taken by
the city as an investment for the fire inanrance sinking fund.
Helt Township School District, Termilion County, Ind.
—Bond 6'aie.— On July 16 an ifcsue of $11,836 5% 3*2-year
(average) township high-echool bonds was awarded to E. D,
Bush
Co,, Indianapolis, for $12,046 50. Denomination,
Date, July 16, 1904. In$1,200, except one bond for $1,085.
terest, semi-annual,
flermosa Beach School District, Los Angeles Co.,Cal.—
Bond iSaie.— O J July 19 $7,500 5% building bonds were awarded
to the Los Angeles Trust Co. for $7,511. Denomination, $760.
Date, July 19, 1904. Interest annually at the office of the
County Treasurer. Maturity, $750 yearly on July 19 from
1909 to 1918, inclusive.
Holly Beacb, N. J,— Bond S'ale.— An issue of $10,000 S^
sidewalk bonds has been sold to the Marine National Bank
&
Wildwoodat 101'60.
Hollywood Union High School District, Los Angeles
County, Cal.—Bond Safe.— The Los Angeles "Times" states
of
that an issue ot $65,000 5% 20-year bonds of this district has
been sold at a premium of $1,627, the purchaser being N. W.
Harris
Co. of Chicago.
Irouton, Ohio.— Bond SaZe.— The following bids were received July 21 for $12,4C0 5% 1-10 year (serial) street bonds :
&
A. KleyDolte & Co.. Clncln. fl2.933 40 Denlson, Prior & Co., CleTeland and Boston
tl2,8C0 00
Weil, Roth A Co., Cincinnati. 12,852 00
LamprechtBros. &Co.. Clev. li!.820 36 Hayden. Miller & Co., Cleve. 18,760 00
ieasonsood & Mayer. Cinoln. 12,820 25
j Hayes & Sons, Clere... 12.720 00
CJnionSav.Bk. &Tr.Co.. Cln. 12,808 65 W. R.Todd *Co.. Clncin.... 12.656 00
Note.— The bid of Fuller, Parsons & Snyder ol Cleveland was not considered, we are advised, for the reason that their bid was for C14,690 bonds—*
greater amount than offered tor sale. The bids of 8. A. Kean of Chicago and
o t the Provident Savines Bank & 1 rust Co. of Cincinnati were also not considered, for the reason that no certified check accompanied the proposals, aa
required.
.
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I
Bonds are in denomination of $1,240, Date, June 1, 1904>
Interest semi-annually at office of City Treasurer.
Bond Offering Wtthdraun.—The $2,290 b% sewer district
bonds, the sale of which was originally advertised to take
place on July 21, were withdrawn from the market prior to
that date.
Janesriile, Wis.— Bond Q^crtng.— Proposals will be received until 8 p. M„ August 1, by the City Treasurer, for
Denomination,
$15,000 4< coupon Garfield School bond.
$500, Date, Aug. 1, 1904. Interest semi annually on March 1
and September 1 at the office of the City Treasurer. Maturity, $1,000 yearly on March 1 from 1605 to 1919, inclusive.
Jasper County (F. 0. Rensselaer), Ind.— Bond Offering,—
Proposals will be received until 1 P. M., August 5, by James
N. Leatherman, County Auditor, for the following bonds
tSO.OOO 656 Garrison D itch assessment bonds, matnring t2.000 yearly on July 1
from 1906 to 1915, inclusive. Deposit (1,000 required of successful
:
GlenTlUe, Ohio.— Bonda Authorized.—The City Council
has authorized the issuance of $2,000 street-improvement
Browne- Elllnwood
C.H.Co£nn. fores
[Vol. Lxxix.
for
twenty years.
UannibaH Ho.) School
District.- Bonds Fotcd.—The issuance ot $16,0J0 North School annex bonds was authorized by
a vote ot 6^1 to 77 at a special lection held recently,
Hardin touutj, Ttxas.- Bond Saie.— We are advised that
the $50,000 6^ 10-20-year (optional) court-house bonds registered by the State Comptroller on June 13 have been sold.
)
bidder.
W. W. Bums Ditch assessment bonds, maturing $600 yearly on Jnlr
1 from 1006 to 1911, inclusive.
Deposit (SOu required of successful
bidder.
16,C00 t% Moffitt Ditch assessment bonds, maturing f 1.60'" vearlr on July 1
from 1106 to 1915, Inclusive. Deposit |l,OiO required of successful
bidder.
3,000
6)1
Securities are dated July 1, 1904. Interest semi-annually
at the First National Ban^ of Chicago.
Joliel, 111.— Bond Sale.— On July 22 $50,000 43^< refunding water-works bonds were awarded to the First National
Bank of Chicago at 105-62. Denomination, $1,000. Date,
July 28, 1904. Interest annually in July. Maturity, July
'i8, 1914.
Joplln, Mo.— Bond Sale.-On July 20 the $26,000 5i 5-10year (optional) funding judgment bonds described in V. 79,
Co., Chicago, for
p. 117, were awarded to Farson, Leach
$37,075 and interest. Bonds are dated July 1, 1904.
Knox County (P.O. Knoxville), Tenn.- Bonds <o 6el«sued.-A, D. Collier, County Judge, has for sale $125,000 80year gold bonds.
Lake County, Minn.— Boncf« Not to be Re-offerei.—We
are advised that the $46,000 conrt-honse bonds, all bids for
which received June 21 were rejected, will not be reoffered
to the public, as the county expects to obtain the money
from the State.
Lancaster, Mo.— Bond O^eriJifl'.- Proposals will be received until 9 p. M., August 10, by O. Hooyer, City Clerk,
Denomination, $500.
for $9,000 6% electric-light-plant bonds.
Date, Aug. 15, 1904. Interest semi-annually in Lancaster.
Maturity, Aug. 15, 1924, subject to call after Aug. 15, 1909.
Bonded debt, not including this issue, $3,000. Assessed val-
&
uation, $264,252.
11, Yellowstone County,
28 $1,600 6% sohool-bnilding
Laurel School District No.
Moat.—Bond Sale.— Oa July
—
a
bonds were awarded to the Union Bank & Trust Co. of
Helena at par. Danomination, $400. D^te, July 1, 1904. InMaturity, July 1, 1924, subject to call
terest, semi-annual.
1,
1914.
LaTTrence, Mass.— Bond Safe.— An issue of $40,000 i%
B3hool-bnilding bonds was awarded on July 27 to the Essex
Savings Bank of Lawrence at 101 "645. Following are the
bids:
XbsezSaT. Bank, Lawrence... 101 '846 Denlson, Prior & Co., Cleveland
101'17
lOlS^
and Boston
AlamR A Co., Boston
101-07
W.J- Hayes & Sons, Boston ...l'^l-27 N. W. Harris * Co., Boston
101-19
101-,)47
K.L D^y & Co., Boston
H. W. Poor & Co., Boston
Merrill, Oldham &Co., Boiton 101 179 Blodtcet, Merntt* CO.,Bo8ton..lol-00
fleo. A. Fernald & Co., Boston. .101X86 B. H. Rollins & Song, Boston.... 100-777
Securities are part of an issue of 1 140,000 bonds and will
mature $7,000 yearly for five years and $5,000 in six years.
The Major and City Treasurer have been authorized to sell
the remaining $100,000 bonds of this issue.
Election Proposed.— An ordinance
is before the City Council submitting to a vote of the people
at tne November election the question of issuing bonds for
an andicortum.
Lima, Ohio.— Bonds Authorixed.—The City Council has
authorized the issuance of $35, OQO additional water bonds.
Lockland, Ohio.— Bjnds Defeated.—Ttie election July 13
resulted against the issuance of $50,000 street and $50,000
sewer bonas. The vote was 103 to 128 in the case of the street
bonds and 121 to 128 on the sewer question.
Bonds Proposed.— The issuance of $13,000 street-repair
bonds under the Longworth Act is being considered.
Lorain, Oiiio.— Bonds .4u</iort«ed.—The City Council has
passed an ordinance providing for the issuance of $12 030 5%
sewer-assessment bonds. Denomination, $503. Dj,te, July 15,
Interest, March 15 and Sept. 15 at the Chase National
1904.
Bank, New York City. Maturity, part each six months as
follows: $1,000 on March 15 and $1,50D on Sept. 15 from
Lexington,
March
Ky.— Bond
16, 1905, to
15, 1909.
March
.
THE CHRONICLE.
JUI.T 30, 1904.]
after July
:
15, 1909, inclusive,
and $1,000 Sept.
Bonds Defeated.— The proposition to issue $90,000 waterworks improvement bonds was defeated at the election held
July 12 by a vote of 828 for to 497 against-a two-thirda vote
521
Blank bonds to be furnished by the successful bidder.
1924.
Deposit of $500 required with bids.
Milton (Pa.) School District.— Bond Sale.— The $11,000 i%
school- annex bonds offered on July 11 were awarded to the
Firat National Bank and others at from 100 50 to 101*50. See
V. 79, p. 171, for description of bonds.
are
Montgomery County, Md.— Bonds Authorized.—
advised that the following bonds will probably be advertised
for sale some time in September :
We
ts.OOO 6% 1-6-year (serial) co'ipon road bon'ls of tlOO each.
20,000 i% 1-20-year (serial) coupon school bonds.
8,000 i% 1-8-year (serial) coupon school bunds.
All issues are dated Oct. 1, 1904. Interest semi-annually at
the Montgomery County National Bank, Rockville. Bonds
are exempt from all taxes. Bonded debt, not including these
Assessed valuation 1904, $154,859,685.
issues, $44,000.
Mount Holly, N. J.-Bjnd Sa/e.— On Jaly 6 $15,000
street-paving bonds were awarded to the Mount Holly Safe
Deposit & Trust Co. at 105'833. Denomination, $500. Date,
Aug. 1, 1904. Interest, semi-annual. Maturity, $500 yearly
on August 1 from 1906 to 1933, inclusive, and $1,000 on Aug.
H
1, 1934.
Mount Joy (Pa.) School District—Bond Saie.— The
|15,-
000 'd^% 10 30-year (optional) building bonds offered but not
sold on June 26 have teen placed with local banks. See V.
78, p. 2466, for description of bonds.
Nashville, Tenn.— Bond Election Proposed.— A. bill is before the City Council providing for the submission to a vote
of the people at the November election the question of issuing $200,000 bonds.
New Philadelphia, Ohio.— Bond Sale.— Oa July 19 the four
issues of 6% l-lu-year (serial) street and alley improvement
bo^ds, aggregating $42,000, were awarded to Bates
Hance
of New Philadelphia at 104*519 and interest. Following are
the bids
&
Bates A Hance. New Phlla.. .»48.808
Citizens' Nat. Bk., New Phlla. 43,885
43,H48
A. Kley bolte A Co., Clncln
Seasoneood A Mayer, Clncln. 43,646
43,888
Well. Roth A Co.. Clncin
l.ampreoht Bro»,ACo.. Cleve. 43,658
P. S. Briees A Co.. Clncln ... 43,485
Union Sav. Bk. Tr. Co., Cln. 43,431
New Ist Nat. B'k, Columbus. 48.286
.
.
.
00
80
00
40
76
20
00
00
00
W.
R. Todd A Co., Clnclnnatl|43.276 00
" Kley bolte A Co., Cincln
"
R. "
43,:
,860 00
ProT. Say. B'k A Tr. Co., Cin. 43.;168 80
W. J. Hayes A Sons, Cleve... 43.:114 00
Hayden, Miller A Co., Cleve. 43.1
,108 00
Security Sav. Bank, Toledo. 43,(
,003 00
Dantson. Prior A Co., Cleveland and Boston
43,062 60
A
being necess-ary to authoriza.
L»8 Aagelea, Cal.— Bonds Proposed.— The library trustees
Ocala, Fla.— Bonds Fofed. —This city on July 19, by a vote
have decided to ask the City Council to submit to a vota of
the people the qiestion of issuing $350,000 bonds for the pur- of 242 to 12, authorized the issuance of $45,000 bonds to repose of acquiring a site and the erection of a building to meet tire outstanding debts and to improve the electric-light
plant,
the growing needs of the library.
Oconee County, S. C.—Bond Sale.— The Robinson-HumLo«p Township, Merrick County, Neb.— Bonds Not Sold.
—No sale has yet been effected of the $2,500 4% 10-20-year phrey Co. of Atlanta were recently awarded an issue of $45,(optional) bridge bonds offered on July 11. See V. 79, p. 000 5% 10, 20 and 30-year refunding bonds.
Oneonta, N. Y.—Bond 8ale.—On July 26 the $14,000 2-29171, for description of bonds.
Marion Coanty (P. 0. Indianapolis) Ind.— Bond 5'aZe.— year (aerial) refunding bonds described in V. 79, p. 228, were
On July 26 the $170,000 S}4% 20 year coupon bridge bonds awar(led to the First National Bank of Oneonta at par for
described in V. 79, p. 118, were awarded to Farson, Leach & 3 4951 coupon bonds. Following are the bids
Co., Chicago, for $172,465. Following are the bids
First National Bank of Oneonta, pa- for 3'i9\i% coupon bonds.
Albany Exchange Savings Bank of Albany, par for 368% conpon or regisFarson, Leach & Co., Chic. .$172,465 00 J. F. wild A Co.. Indlan'lis..H70.R75 00
tered bonds.
B. M. Campbell ACo.,lnd'll«.*172.506 00 James T. Elliott A Son
170,784 25
Amsterdam Savings Bank, Amsterdam, par for 3 7C% registered bonds.
Meyer A Klser, Indlana'Us.. 171.27& 00 Marlon Tr. Co., Indian'lls.
170,177 14
Hudson City Savings Institution, par for 8-76* registered bonds.
B. Kleybolte ACo.. Clnom..ti70.000 00
*or 3-76% registered bonds.
• Bid rejected tor the stated raason that certified cheek was not drawn as
W I Havas * Sons Clpvflland J P*' ^^^ 3 gy^^ g^yp^^ bonds.
W.J. Hayes s bons, i^ieveiand
p^^^
required by adTertliement. + Bid said to be informal.
W. R. Todd A Co., New York, par for 8'90S registered bonds.
R. Kleybolte A Co., New York, (275 premium and accrued interest for i%
Marion County (P. 0. Marion), Ohio. -Bond Sale.— O
July 21 the 138,000 6jf ditch bonds described in V. 79, p. 171, bonds Eean, Chicago, $103 premium for i% bonds.
S. A.
:
:
I
I
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I
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^^
were awarded to W, J. Hayes & Sons, Cleveland,
and interest. Following are the bids
at 104*773
Ontario Coanty (P. 0. Canandaigaa), Ohio.— Bond Offeringf.- Proposals will be received until 2 p. m August 8, by
W.J.Hayes* Sons. Cleve.. $14,675 00 LampreohtBros.A Co.,CIeye.$34,303 60
Well. Roth A Co.. Cincinnati. 84,637 50 Seasonuood A Mayer, Clnoln. 84,245 00 Heber E. Wheeler, County Treasurer, for $120,000 i% roadDenlson, Prior A Co., CleveNew 1st Nat. B'k, Columbus.. 31,13^00 improvement bonds. Danomination, $1,000, Date, July 1,
land and Boston
34,426 60 Cincinnati Trust Co., Clncln. 34,00100
1904.
Interest semi-annually at the United States Mortgage
Hayden. Miller A Co.. Cleve. 34,326 60
Marshall, Texas.— Bond peering —Proposals will be re- & Trust Co., New York City. Maturity, $15,000 yearly on
ceived until 2 p. M.. August 9, for the $45,000 5% 10 40-year July 1 from 19C6 to 1913, inclusive. Certified check for 2jJ
(optional) sewer bonds authorized by a vote of 314 to 61 at of the amount bid for, payable to the Treasurer of Ontario
County, required. The county has no bonded or floating
the election held June 7, 1904.
Martin Connty, Ind.— Bonds to be Issued —The County debt. Assessed valuation of real estate, $27,867,468,
Padacah, Ky.— Bond Sate.— This city has sold at private
Commiseioners contemplate the issuance of $30,000 funding
bonds. They will mtet the first Monday in August to com- sale an issue of $20,000 i]4i 20-year refunding bonds to C.
H. White & Co., New York City, at par. Denomination,
plete the details of the issue.
MarysTiile, Ohio.— Bonds Beatcarded. —The following $1,0C0. Date, May 2, 1904. Interest, semi-annual.
Perry Connty, Miss. —Bond 8ale. —Thia county has sold to
item relative to the.$78,250 5% paving bonds awarded on July
12 to W. J. Hayes & Sons for $84,66 J appeared in the Toledo Chicago parties an issue of $50,000 court-house and jail bonds
for the Second Judicial District and $25,000 court-house and
" Blade :"
MAKT8VILLE, Ohlo, Julj 22.— W. J. Hftyes Sons of Cleveland, who jail bonds for the First Judicial District. Denomination,
were the BuoceBsful bidders for the $78,250 worth of street paving $500. loterest, 5f, payable eetni-annually. Maturity, $3,000
bonds at the lale last Thursday, notified the Ooancil thai owing to yearly from two to twenty-four years and $8,000 twenty-five
Bome technicality of law tht^y would not take the bonds. The Council
met and two propotitlone were presented for the entire Issue. Brings years after date.
PI iln City, Ohio.— Bonds in Litigraf ton.—We are advised
A Co. of Cincinnati were the .juccessful bidders, took them at a pre
mlum of $75, and will exchange the 5% bonds for 4»«% bonds as soon that no sale has been made of the $49,500 6^ coupon streetas a ref ondlng ordinance can take eff Jot.
improvement bonds offered but not awarded on June 30, as
Mason (Mich.) School District.- Bonds Fof«d.— This dis- thH matter is in litigation.
trict on July 20 volied to issue $4,000 additional school-house
Plainfleld, N. J.— Temporary Loan. This city has negobonds.
tiated a loan of $2,100 at 6% with the City National Bank of
Medina, Ohio. Bonds Authorized. An ordinance passed Plainfield at par. Loan consists of three notes of $700 each,
the Village Council on July 20 authorizing the issuance of to mature one note yearly; they are subject to call after
$6,402 43 5% West Washington Street assessment bjnds. De- thr^e months, and we are advised will probably be redeemed
nomination, $640 24. Date, Aug. 15, 1904, Interest, annual. in the near future.
Maturity, one bond yearly on February 15 from 1908 to 1917,
Polk Connty, Iowa.— Bond Election.— At the November
inclusive.
election the question of issuing $800,000 oourt-houae bonds
Mercer ( onntj (P. 0. Celina), Ohio.— Bond OJTerinflf.- will be submitted to a vote.
As stated list week, proposals will be received until 10 a m.,
Port Angeles, Wash.— Bond OJTertrjgi, —Proposals will be
Aug^ust 18, by the Board of County Commissioners, care of received until August 17 (sale postponed from July 20) by
T. A. Weis, County Auditor, for $40,0C0 6% bridge bonds. J. A. Smith, City Clerk, for $14,000 e* light-plant-lmproveThese bonds will be issued in denomination of $1,000, Date, ment bonds. Djuomination, $1,000. Interest, April and
Aug. 1, 1904. Interest semi-annually at the ofiBca of the October. Maturity, Oct. 1, 1918. Bonded debt, not includCounty Treasurer. Maturity, $1,000 each six months from ing this issue, $86,000; floating debt, $82,000. Assessed valnAug. 1, 1905, to Aag. 1, 1923, inclusive, and $3,00J on Feb. 1, ation, $568,960.
:
,
<fe
—
—
—
:
THE CHRONICLE.
522
Poaey County, InA.— Bond Ojfering.— Proposals will be received until 12 M., August 1, by Fred A. Morloch, County
Treasurer, for $187,520 il4^ gravel-road bonds, as follows
983,600 iH% Black Townxliip KraTelr^ad bondaof tt,046encD. Maturity. t8.090
each six moniliH from May 15, 1UU6, to Not. 16, 19lt4, Inclusive.
68,920 4^( Mans Townrblp eravol-road bonds of $674 eacn. Maturity, 91,348
each six montliB from May 16, 1805, to Nov. 16, 1W24, Inclusive.
Both Issues are dnted Aug. 15, 1904. Interest semi-annually at the ofiBce of the County Treasurer. Cash or New
York exchange for |5,000 required with bids.
ProFpect Park. Pa.— Bond Sale.—
are advised that the
$13,000 bonds mentioned in the Chronicle June 11 have been
[Vol. LXXix.
troller, for $50 000 4)^ coupon sewer bonds— $10,000 Eastern
Taxing and $40 (00 Wef-tern Taxing DlBtrkt. Denomination, $1,000.
Date, Aug. 15, 1904. Interest semi annually at
office of City Treafurer or at the current official bank in
:
New York City. Maturity, one-tenth yearly. A certified
check on a SaRinaw bank or New York draft, payable to the
City Treasurer, for 2% of bonds bid for, Js required.
8t. J<i«eph County (P. 0. Month Bend), Ind.-Bond
O^ertng.— Proposals will be received until 10 a. M Aug. 8,
,
H
We
by the County Treasurer, for $1,929 40
coupon Oliver P.
Rogers ditch bonds. Denomination, $200, except one bond
Date, July 1, 1904. Interest, seml-arnually at
National Bank of Chicago. Maturity, three bonds
in thrf e, in four and in five years.
St. Marys, Ohio.— Bond 6a/e,— On July £5 the $22 000 5i
l-10-ye»r (serial) street-improvement bonds (four istues) described in V. 79, p. 119, were awarded to the Atlas National
Bank f'f Cincinnati at 101-018 and interest, Following are
for $329 40.
sold.
PntDam Connty, Ohio.— Bond Sale.— On July
22 $41,000 5%
road bonds were awarded to Well, Roth & Co., Cincinnati,
for $42,018 75. Denomination, $1,000.
Date. Aug. 1,1904.
Interest, semiannual. Maturity, from 1905 to 1909, inclusive.
Bli-bland Coanty, Ohio. Bonds Authorized.— The Couaty
Commissioners have authorized the issuance of $35,000 6%
Rocky fork improvement bonds. Denottjination, $5U0. Maturity, $11,500 April 1, 1905; $11,600 April 1, 19u6, and $12,000 April 1, 1907.
Rich Yalley Township (P. 0. Glencoe), Minn.— Sond
Sale— Oo July 9 the |3,5C0 6^ coupon bridge bonds described in V. 79, p. 172, were awarded to the Stevens Seminary of Glencoe at par.
Ripley, Tenn.-Bond Sale.— We are advised that the $3,000
SOyear school bonds voted at the election Jane 7 have been
sold.
Rosendale, Ulster County, N. Y.— Bond Sale.— On July 20
the $40,000 120jear water- purchflse bonds described in V.
79, p. 119. were awarded to the Kingston Savings Bank at
par for 3'85 per cents.
Rusk (Texa8)SchooIDiBtrict.— Bond O^ertTjgr.— Proposals
will be rtceived until August 1 for the $14, COO 5% 5 40-year
(optional) school- building bonds authorized by a vote of 60
to 2 at the flection held July 6, 1904.
Sscramento, Cal.— Bonds Toted.— This city on July 19, by
a vote of 2,386 to t-32, authorized the issuance of $200,000 4^
1-40-year (serial) high echool bonds, to be dated Jan. 1, 1905.
Date of sale no*^ yet determined,
Saginnw, Mirh.— BoTid O/eringr.— Proposals will be received until 2 p. M,, August 2, by Frank M. Totten, Comp-
NEW
NEW
LOANS.
the
Flrtit
the bids
Atlas Nat. Bank. Cincinnati. .(22 224 00
Prov . Sav. B k & Tr. Co.. Cln. 22,010 60
I
W.
J.
HayeB & Sons. Cleve.. .122,(06
00
I
Salem ( onnty (P. 0. Salem), N. J.— Bonds Authorized.—
The County Board of Freeholders recently authorized the
isfuance of |85,0C0 road-improvement bonds.
Sandnt'ky, Ohio.— Bond Sale.— The |5,5C0 4i 6-year Columbus Avenue Slip improvement bonds offered without success
on June 27 have been sold at private sale at par and interest.
See V. 78, p. 2348, for description of bonds.
Schenectady, N. Y.—Bond Sale.— The City Comptroller (as
announced in the Chronicle July 16) on July 23 purchased
at par for the Water Debt Sinking Fund, $110,000 814% water
bonds. Denomination, $1,000. Date, July 15, 1904. Interest,
S(mi-anDually at the office of the City Treasurer. Maturity,
$10,000 July 15, 1905, and also $10,f 00 July 16, 19C6, and $5,000
yearly on July 15 from 1907 to 1924, inclusive.
SebewalDgCnich.) School District No. 1.— Bonds Voted.
—This district has voted to issue $20,000 4J^« 1-10-year
(serial) coupon school-building bonds.
Full details and date
of sale not yet determined. We are advised that the bonds
will probably be taken by local investors.
Shelby, Ohio.— B/nd Sale.— We are advised that the
$88,f00 4}4i refunding bonds mentioned in V. 78, p. 2403,
NEW
LOANS.
LOANS.
#3e,ooo
^1QS,000
PAVING BONDS
CITY OF
AND
OTTAWA
NORTH PL AINFIELD, N.J.
BONDS FOR SALE.
OF THE
City of Atlantic City, N.
Bids Received Until 13 o'clock
nionday, AnKUist '2*^, 1904.
Sealed bids are invited by the Board of Education
of North Plalnfleld, N J for tS6.0 >" four per cent
School Bondsonor before AUGUST 8TH, 19 >*. For
terms and general Information apply to k. M. Fountain, Plalnfleld, N. J., or John Valiant. Chairman of
tures to the
SCHOOL HOUSE BONDS
SCHOOL BONDS.
Tenders addressed to the undersigned and marked
"Tenders for Debeutures" will be received by the
Corporation of the Gity of Ottawa at the office of
theCityClerfe until THUKSDAY, TBE llTH DAY
OB' AUGUST, at noon, for tne purchase of deben-
#90,000
New
amount
of $829,972 84.
Per Annum Payable Half Yearly.
lO-yearDebenturesto the amount of $76,533
"
"
"
319,109
20 year
*'
"
"
175,000
30-year
"
"
"
61,000
lO-year
,
Finance Committee,
York.
Room
lOl Produce Exchange,
4%
J.
M..
The City of Atlantic City will receive sealed proposals for
38
73
00
00
R.
L.
DAY
& CO.,
BANKERS,
$631,643 11
40 Water Street,
3^% Per Annum Payable Half Yearly.
8 Nassau Street,
$193,000 Gold Conpon Paving Bonda,
of $1,000, dated May 1, 1004. lO-year Debentures to the amount of $69,801 67
NEW YORK.
BOSTON.
"
"
"
maturiDg on May J, 1924. without option, with 20-year
128,528 06
Inttrest at i}4 p"r cent, payable semi-annually at
the UANOVKH NATIONAL, BANK, NEW YuRK
MEMBERS
$198,329 73
In (Jenomlnatifina
CITY.
The City of Atlantic City will receive sealed proposals for
$90,000 Gold
(
oupon School Bonds,
Oeach.daed July 1, 1904,
payable $i,0(iO on July 1, 11(05, and $5,000 on each
subsequent July 1, until July 1 1922, an averaae
period or nine years. Said bonds are without option,
with iriterpst at
per cent ppr annum, payable
seml-annuMlly at the OUARANTEB TKUST COMPANY, ATLANTIC CITY. N. J
The city Ciniutroller will receive bldi for these
Paving and School Bonds until twelve o'clock
noon of
in deoominatlons of $1,0
lUondny, Auffust
'i'i,
1904,
reservlne. however, the right to reject any or all
bids. Bids may be fir one or both of the Issues.
Circular lelter, giving full particulars and printed
form of proposal, will be furnished on appicatlon
to
A.M. HEsTON, Comptroller.
Tenders will be received for either the whole or
part of the above. Delivery will be made from the
Ba' k of (tttawa. and In all cases accrued interest
will be added to the rate tendered.
For paitlculars of the above, application to be
made at the office of the City Treasurer.
The highest or any tender not necessarily accepted.
Ottawa, 18th July, 1904.
(Signed) W. R. STROUD.
Chairman Finance Committee.
N^EW YORK AND BOSTON
STOCK EXCHANGES.
STATE, MUNICIPAL AND HIGH GRADB
KAIL.KOAl> SECURITIES.
Rudolph K ley bolte& Co.
BANKERS,
NEW YORK CITY
DIALERS IN
3^9b
MUNICIPAL, RAILROAD and
GOLD
STREET RAILWAY
Blodget, Merritt
&
TAX-EXEMPT BONDS.
Co.,
BANKERS
I
16 Congress Street, Boston.
30 NA88A0 HTK.KET, NKW TOKH.
T.W.STEPHENS & CO.,
2 Wall Street,
New
BONDS.
NASSAU STREET, NEW
Interest Paid on Daily and
H. C. Speer
169 La Salle
CITY COUNTY
F.
& Company
St.,
Chicago.
BONDS.
^
AND TOWNSHIP "^
'
^
-^=11
R.FULTON &
CO.,
Deposits.
MUNICIPAL
York.
AND
STATE. CITY & RAILROAII BONDS
Etttabllshed 1885.
Time
YORK.
Public
Service
Corporation
BONDS.
Municipal Bonds,
E.H.ROLLINS & SONS,
171 LA SALLE STREET,
BOSTON.
CHICAGO.
UenTer.
Ctaiea^o.
San Franolseo.
—
July
—
THE CHRONICLE.
30, 1904.]
have been sold to the Union Savings Bank
& Tiust Co. of
Cincinnati.
Simlh 8baron, Pa.— Bond Sate.— On July 22 the $100,000
41^^ street and sewer bonds were awarded to P. S. Brings &
Co., Cincinnati, at 105 005. Denomination, 11,000. Date,
July 1, 1904. Interest, stmi-annnally, at the Colonial Trnst
Co., of South Sharon. Maturity, July 1, 1934.
Spaidinsr, Aitkin Coonty, Minn.— Bond Sate.— On July 20
the $4,000 6% road bonds described in V. 79, p. 119, were
awarded to Thorpe Bros., Minneapolts, at par and accrued
Bids were also received from Browne Ellinwood
interest.
Co. of Chicago and from S. A. Kean of Chicago.
Spricgfltld, Ohio.- i^ona Sate.— The Sinking Fund Commission bas purchased $2,916 01 Highland Avenue Improvement bocds. The Commiesion has also agreed to take an
issue of Lagonda Avenue improvement bonds, the amount of
which, as authorized, was |47,226 71; but it is expected that
the payment of assesements will reduce the total to about
&
$80,000.
—
Talbert Drainage District, Cal. Bond ^teciion.— An
election will be held to day (July 30) to vote on the question of issuing $30, COO bonds for the construction of ditcties,
conduits, etc.
Taunton, Mass. Bond Offering.— Proposals will be received until 7 P. M., August 3, by Edward H. Temple, City
Treasurer, for the following bonds :
$33,600 SHi 20-year school bonds, consistinffof thirty-three coupon bonds of
t5uO each and one rpRlstered bond of $600.
12,000 3>tSl 10 jear pavlne bonds, consistlni? of coupon bonds of ll.'^OO each.
3,000 i% 10- year Are truck bond, consisting of one registered bond.
All the above bonds are dated June 1, 19'J4, and the interest
Atlas Nawill be payable semi-annually at the Webster
tional Bank of Boston or at the offioe of the City Treasurer.
&
Tajlor (Pa) School District.- Bonds Fofed.— This district on July 21, by a large majority, authorized the issuance
of $40,000 high-school bonds.
Tazewell, Va.— Bonds Fo<ed.— This town on July 20 voted
unanimously to issue $15,000 sidewalk-improvement bonds.
TliomsoD, (ja.— Bond Offering —Proposals will be received
until 12 M, Aug. 15, by Ira E. Farmer, Mayor, for $24 000 5%
coupon gold water-works and electrio-light bonds. Denomination, $l,f00. Date, Sept. 1, 1904. Interest, semi-annuiily
in Thouison or in New York City. Maturity, Sept. 1, 1929.
Bonds were anthorlzed by a vote of 138 to 7 at election held
June 13, 1904, and the issue has been validated by tbe Superior Court as required by law. Certified check for 2% of
the bonds bid for required. These securities will represent
tbe only bonded debt of this town.
Assessed valuation,
$535 500.
Tilden(Neb.) School District No. SO.-Bond 5ate.— The
5% coupon bonds offered without success on June 25
$6 Oi
were awarded on July 11 to the Bankers' Reserve Life Co.
See V. 78, p.
of Omaba at 100 '416 and accrued interest.
2458, for description of bonds.
Toledo, Ohio.— Bond Oj^ertng.- Proposals will be received
until 7:30 P. M,, Aug. 24, by R. Q. Bacon, City Auditor, for
$100,009 4% coupon refunding natural-gaa bonds. DenominaBonds were authorized by an ordinance passed
tion, $1,000.
July 11. They are dated Oct. 1, 190i. Interest, semi annually
Trust Co.,
at the oflBioe of the United States Mortgage
New York City. Maturity, Oat. 1, 1914. Accrued interest
to be paid by purchaser. Certified check for 5% of the par
value of bonds, drawn without condition on some national
bank in Toledo, or else money for that amount, required with
&
bids.
Trenton, N. J. Bonds Authorized.— The City Council on
July 19 passed an ordinance providing for the issuance of
$50,000 4% 30-year
coupon school bonds.
—On July 16 this county,
by a vote of 1628 to 15, authorized the issuance of $50,000 i%
oourt-hou89 bonds, to mature $12,000 on Jan. 1 of tbe years
This is the sec1910, 1915 and 1920 and $14,000 Jan. 1, 1925
ond time these bonds have been voted, the Judge of the Superior Court having held that the first election was insufTroop Connty, Ga.— Bonds Voted
ficiently advertised.
Twin Valley, Minn.— Bond Sate.— On July 5 the |8,000
15-year water and light bonds described in V. 78, p. 2458,
were awardf d to the Browne-Ellinwood Co., of Chicago, at
101 -162 for 6}4 per cents.
Testa Independent School District No. 102, Redwood
Connty, Sinn.— Bond Offering. Proyosals will be received
until August 15 by the Board of Directors for $1,6(0 5s lU-15year (optional) bonds. Denomination, $500.
deposit of
5^ must accompanv bids. T. E, Fawcett is Cleik of the dis-
—
A
trict.
INSURANCE.
INVESTMENTS.
PARSON. LEAOH &
523
00..
OF the:
office:
Public Securities,
ATLANTIC MUTUAL INSURANCE COMPANY,
MEW YORK.
New York, January 20th, 1904.
The Trustees, in Conformity itifh the Charter of the Company, submit the foUowing statetnent of
its affairs on the 31st of Decembtr, iqoj ;
OHICAOO.
BOBTOM
I»remlum8 on Marine Risks from let January, 1903, to 31st December, 1903..
Premiums on PolleieB not marked off 1st January, 1903
FHIIjADEIiPHIA.
Total Marine
&
Burr,
INVESTMENT BONDS
$3 974,516 29
Premiums
Premiums marked
Perry, Coffin
$3,174,147 73
800,368 56
from let January, 1903, to 31 st December, 1903
$3,250,364 45
Interest received during the year
$336,185 20
"
"
"
less Taxes
$448,108 97
Bent
111,923 77
ofl
Losses paid during the year which were estimated
in 19f»2 and previous years
$322,490 79
Losses occurred, estimated and paid in 1903
1,065,141 83
$1,387,632 62
Less Palvapes
60 State Street,
Returns of Premiums and Expenses, $467,841 97
BOSTON.
T. B. POTTER,
MUNICIPAL and onKinc
D^INUO,
CORPORATION
LI»»T
•
ON APPLICATION.
MacDonald, McCoy
(fe
Go.,
MUmCIPAL AMD CORPORATIOK
BONDS
I7Z
La
$1,177.016 32
Premium Notes and
Bill
Receivable
pay losses under
policies
payable in
182,001 68
89,46172
«. ST.iNTON
TRUSTEES.
WM.MAM
•<
TKKMiiN
il.
'.<.'Al,l)i;<)N
Josh I'll II.
Atlantle fflataal Inaaraiio* Company M«rlB
of All Veara Bouffht and Hold.
JOHN M. GILLESPIE,
$12,0?5,021 81
Six percent Interest on the outstanding certificates of profits will be paid to the holders
jereof, or their legal r» presentatives. on and after Tuesday, "the second of February next.
The outstandlne ceitillcates of tbe issue of 1 898 will be redeenie<l and paid to ihe holders
thereof, or tlietr lega. representatives, on and after Tuesday, tlio second of February next, from
whloli date all interes*^ thereon will cease. The ceriitlcates to be produced at the time of
payment, and caucelfd.
A dividend of Forty per cent is declared on the net earned premiums of the Company
for the year endliitr 3lwt Deeember, 1903, for which, upon application, certlUcatos will be issuea
on and alter Tuesday, the thiid oi May next.
By or.ter or the Board,
'STAV aMSIM K.
KKANCIS M n.\(wN.
JOHN N. niOAv'll.
Salle Street, Cblcago.
rjIKOKGI':
.
I'
(
,
lilHI TON
IIKUW.N.
llliOWN.
A I'M A.V.
Ci.AKK.
II
"WHlNKUlIi-' K. DK.KT,
1WAJ..> FI.KITMA.NN.
nEKHKHT
I,,
FL,0VI>-J0IVE:S, Secretary.
(.uujr.s.
CLEM K.ST A. tiUlsCuM.
llAllli,
MiKUIH K. .IKsri".
ANSO.N W.
l-KWia
TA.-^s
I,KnVAUD,
FRANCIS II. i,i';(i(;ivrr,
rilAKl,K8 l> I-I'VICtnciI.
LBANDKll N. l.oVlil^L.
OlfOIUlK n. M vCV
(HAUI.KS Tl VAUSTIALL.
W. U.
li.
MORTON,
PAKlSII.
hURDICMC A I'ARSONfi
DA 1,1, AS B. JMtA'IT.
<iicoU(;rt \v. yui.\TA^HIl,
A. A. HAVKN.
UIKK'*.
.T'>MN
DOUGLAS I'.OHIVSO.X
(;i>l"AV II. f^ClIWAB,
WILLIAM C. tiTiJKOEa.
I,KVI V.
HKNKV
I,.
AlOdlil-,
A. A
RAVr.N,
rrrsidtnf.
V A iWHSONH, Virfftf'l.
OOKNKIIl'8 KI.DFKr. 2 Virr-^rt^U
THfcO. P JOIl.vhON. j(/ rtee-l-^et't.
'
Room
No. 518 Atlantic Building,
49-51 Wall Street,
NEW
¥0R&.
1,107,221 88
.
in the hands of Euroi)ean Bankers to
foreign countries
ash In Bank
Cash
Amount
1L.JLS
-
210,616 30
The Company has the fnllowin^r Assets, viz.:
United Btates and i^tate of New York retook; City, Bank and other Securities
$5,170,084 00
Special deposits In Banks and Trust Companies
1,612,252 53
Real Estate corner Wall and William Streets and Exchange Place... $3,789,000
Other Real Estate ana Claims due the Company
75,000 3,864,000 00
172 Washington Street,
CHICAGO,
$146,587 55
64,028 75
,
Re-ineuritnoes
—
THE CHRONICLE.
524
Waco, Texas.— Bond Sale.— Texas papers state that this
has sold at 90 and Interest $400,000 4% water bonds.
These bonds were registered by the IState Comptroller last
city
(Vol. lxxii.
&
were awarded to Trowbridge
Niver Co., Chicago, at 108-444
for 43^ per cents.
Following are the bids :
Trowbrldee* NWer Co.. Cblo.ie.810 00 n EI«Tbolte ft Co.. Clnctn...>e.eiOOO
I
DecemVer.
W. HftUey * Co., Chic
M. UcKar
John Nuvoen & Co„ Chicago..
N.
Wabon, Saanderg Connty, Neb.- i?ond« Fo^ed.— The
tlec-
tioa held July 18 resulted in a vote of 258 to 104 being cast ia
10-20-year (opfavor of the proposition to issne |1B,000
tional) aewer bonds to be dated not later than Sept. 1, 1904.
Interest will be payable semi-annually at tte State fiscal
agency in New York City.
Bond Sale.—V7e are advised that of
Wake Coniity, N.
the $48,000 5? 80-year coupon railroad-aid bonds clfered butnot
sold on May 4, all bat $10,000 have been placed either at par
or above par. See Chronicle April 9 for description of
bonds.
H
C—
B.805 00
H.846 00
8.«89 00
K.
|
,
Iloyal Trnst Co.. Chlcaif"
9.12500
A. KlerbolL* A Co.. ClDCla.... 8.016 00
|
Woddbnry County, Iowa.— Bond Sale,— On July 12 an
issue of $17,000 4% funding bonds was awarded to Geo. M.
Bechtel
Co., of Davenport, at par and blank bonf's. Denomination, $l,CO0. Date, August 1, 1904. Interest, semiannual.
Maturity, August 1, 1914, subject to call after
&
August
1,
1909.
Hocdville, Migg.- Bonds Fo^ed.— This place on July 20,
by a vote of 107 to 4, authorized the Issuance of electriclight and water-works bonds.
Workman (Town) Aitkin Countv, Minn.- Bond Sale.—
Wanwatosa. Wis.— Bond« Proposed.— The Common CounOn July 15 the $5,000 Qi road bonds described in V. 79,
cil is coneidering the question of issuing $80,000 high-school
p. 174, were awarded to Thorpe Bros , Minneapolis, at par
building bonds.
Wenatcbee, Waeh. Bond Offering.— FropcBala will be re- and accrued interest. A bid of 100 10 was also received from
ceived until 8 p. M Aug. 9, by R, F. Holm, City Clerk, for S, A, Kean, of Chicago.
Tonkers, N. Y.-Bond Sale.— On July 26 $100,000 i% tax$16,000 6^ gold coupon water extension bonds. Denominarelief bonds were awarded to John D. Everltt & Co., New
Date, Aug. 9, 1904.
Interest, semi-annual.
tion, $l,COi).
Maturity, Aug. 9, 1924. Bonded debt not including this issne, York, at ICO 07. A bid of 100'085 was also received from
Farson, Leach & Co., of New York City. Securities are
$7,500. Assessed valuation, $490,000.
West Springfield, SLshb.— Bonds Authorized.— A.t a special dated Aug. 1, 1904, and will mature July 1, 1906.
Yonkers (N. Y.) School District— Bond Sale.— Oa July 22
town metiting held July 19 the issuance of $26,000 S}4%
water bonds was authorized. Securities will mature Oct. i, 'the $8,000 4<t registered bonds described in V. 79, p. 2a3, were
awarded to Geo. M. Hahn of New York City at 109 29 and
1930.
West Waghington, Pa.— Bond* Fofed.— This place, ac- interest. Following are the bids :
109-29
W. R. Todd 4 Co New Vork...l0r06
cording to the Pittsburgh papers, recently authorized the 0«o. M. Hahn. New fork.
106-21
109'17
People's Sav. Bank, Yonkera
E. Seymour & Co.. New Tork
issuance of $50,000 street-improvement bonds by a vote of 168
YonngstowD, Ohio.— Bond Sale.— Oa July 25 Seasongood &
to 14.
Wheatland, Cal— Bond Sale.— The $20,000 5^ l-4C-year Mayer, Cincinnati, were awarded the three issue? of 5l bonds
desoiibed in V. 79, p. 121. The bids were as follows
(serial) gold water bonds offered on July 5 were awarded to
$26,300
»5.eSS
17,000
the Adams-Phillips Co. of Los Angeles at 105 and interest.
iTnpt Bonds. Se^eer B tid*. Stwer Bdt,
Whiltier, Cal.— Bonds Proposed.- There is talk of sub- Seasoneood & Mayer, Cincinnati
»7.l7l 50
$28,308 00
$8.147 00
7.17150
»2l,6ai 60
6,127 00
mitting to a vote of the people a proposition to issue $100 000 A. Kleybolte A Co. Cincinnati
29,23107
7,16590
6,12*83
Curtis. Bo'ton
bonds to Improve the water system. A mass meeting of JackBon & Nattona) Bank, Columbus.... 7,16100
28,15000
6,11300
New First
7.14000
Parfeinnon & Burr, Boston
citizens was recently called by the board of trustees to dis6,o:3 00
7,10200
28,954 00
W. J. Hayes & Sods, Cleveland
cuss the question.
28,v21 US
e.oea 88
7.10150
Hayden, Miller * Co CleTeland
29.18060
5,83«0«
7,0^7 CO
Union Savings Bank & Trust Co
Winnetka Park District, Cook County, III.— Bond Sale.—
On July 21 the $9,f00 park bonds described in V. 79, p. 232,
Bid based on $28,800 bonds. Instead of the $28,300 offered.
,
I
.
.
.
.
,
.
I
. .
:
,
INVESTMENTS.
MISCELLANEOUS.
TRUST C OMPANIES.
BOND DEPARTMENT.
HTHITING'S PAPERS.
BOWLING GREEN
TRUST CO.,
THE AMERICAN TRUST
(fe
Chicago,
Offers
Railroad,
Capital, $2,500,000 Siirpliu,|2,500,000
Illinois.
OFFICERS:
Municipal and Cor-
poration Bonds, conservatively issued,
yielding investors
Printed
and
npon
WHITING PAPER COMPANY,
INVESTMENT BONDS,
SEND POR
For BuBlneM Correapondenee,
Whether for letter written with your own hand, oi
bjrthe typewriter, are UNEQUALBD. Their quality
U assured and they bare won highest honors at all
the great World's Fairs. For high grade writing
papers of all kinds, for bond papers, and for ledite;
papers, Insist on bavlng them made by the
H to ^%%.
prices
application.
lists
HOL.YOHE, MASS.
New
Chicaoro.
Philadelphia.
York.
LIST.
DENISON, PRIOR & OO The American Mfq.Co.
DIBBCTOBS:
BANKERS.
Milk Street,
65
Wall
Street,
New York
66
34TH
BONDS sfggK CERTIFICATES
Handsomely
Also,
ergraved;
tbe cbfaiier kind, pan ly lllbographoa and partly
printed from type. 100 Stock Ceitiflcates. $3 to
125; the latter ei eraved with steel pia e borders
—elegant. Seal Press. If with CerliUcates, $1 50.
Engravers and Litnographers.
F. C.
Set of
J.
L.
McLEAN WALTON. Assu SecreUry.
HABBIS A. DUNN, Asst. Treasww
W.
in three months Tolumes.
Address,
DANA COMPANY,
Street.
New York
Vloe-Prealdent.
B.
BANDALL,
Trust
Officer.
HARLEM BRANCH:
bound
B.
14STH STREET.
BLDBIDQB, Ist
F.
CItT.
LEWIS. Manager.
BRONX BRANCH:
JOHN BAMBBY
Manager.
A. G. Becker
{
WM.
<&
BARNEY. President.
TRUST DEPARTMENT:
(Telephone.)
Tribune,
1881 TO DATE.
t^H Pine
FIFTH AVE.
ST. «t
B. L. ALLEN. 4th Vlce-PresldenU
FBED'K GORE KING, Sec. and Treas.
New York
Earlier years
*
CO.
BROADWAY,
JOSEPH T. BROWN. ad Vice-President.
JULIAN M.GEBARD.Sd Vlce-Presld«»t.
FOR SALE:
Examinations and Reports.
ILL.
Young.
WEST 143TH STREET.
WILLIAM
HYDRAULIC PLANTS.
CHICAGO,
T.
FRBD'K
Mfcol plate elfect.
ENGINEERS.
Life Buildino^,
.
TRUST
No.
ALBERT B. KING & CO., 106 WilUam St., N.Y.
DESIGN, CONSTRUCT AND OPERATE
RAILWAY LIGHT, POWER AND
8. Pleroe,
Frederick B. Sohenck.
H. Taylor,
Edward R. Thomu.
John P. Truesdell,
THIRD AVENUE
INCORPOHATED.
Willis MerrIB
Wlnslow
-yteRBOo.
CHABLBS
& Co.,
W. Mlddendorf,
WUUam
WUUam
B
No. lOU
ENGINEERS.
New York
WUUam M. Laws.
J.
Frank Jay Gould,
George J. Gould,
John A. Hilton,
^
CORDAGE.
BOSTON.
H. M. ByUesby
Myron T. Herrlek.
Edward T. Jetery,
Bdward B. Ladew.
Charles P. Armstrong,
Frank Bralnard.
Robert C. Clowry.
Edmund C. Converse,
Wm. Nelson Cromwell.
GrenviUe M. Dodge,
A. Goer el.
•
Bdwln Qould,
MANILA SISAL AND JUTE
MUNICIPAL BONDS.
C. STANWOOD 8b Co.
95
Prealdant
EDWIN GOULD
WILLIAM H. TAYLOR. ...lat Tlce-Prea.
2d Vlce-Pre*.
CHA8. P. ARMSTRONG
JOHN A. HILTON, 3d Tlee-Prea. Sc Treaa.
SeoretarT
WILLIAM M. LAWS
BOSTON.
CLEVELAND.
E.
BROADWAY, NEW YORK.
26
SAVINGS BANK,
&
Co.,
rSOOBPORATBD.)
COMMERCIAL PAPER,
S.
W, Cor. Monroe
ft
La
Salle Sts., Chieago.
@FedFRASER