Full text of Commercial and Financial Chronicle : June 17, 1893, Vol. 56, No. 1460

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H U N T ’ S

M E R C H A N T S ’

M A G A Z I N E ,

W jc^ I y
§ k w ‘5 | T ' p n ,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES.
Bntered aooordlng to A c t of Congress, In the year 1 8 9 3 , by W m . B . 9 m

" VOL. 56.
3 Eftje

SA T U R D A Y , JUNE 17; 1893.
1893.

I

London A g e n ts:
Messrs. E d w a r d s & S m i t h , 1 Drapers’ Gardens, E. C., will take sub•oriptions and advertisements, and supply single copies of tbe paper
a t Is. each.
1C. D A N A & C o ., P u b l i s h e r s ,
NA.
W IL L I A M E . D AN A . ( W I L L I A M
1 0 2 W i ll i a m S tre e t, N E W Y O R K .
JO H N G . F L O Y D • i
P o st O f f i c e B o x 958 .

CLEARING HOUSE RETURNS.
T h e f o llo w in g ta b le , m a d e u p b y te le g r a p h , e t c ., In d ic a te s
th a t t h e to ta l b a n k c le a r in g s o f a ll th e c le a r in g h o u se s o f th e
been

S ta te s f o r th e

w eek

$ 1 ,0 5 3 ,4 4 4 ,1 7 3 , a g a in st

$1,1 6 5 ,0 1 0 ,4 9 3

e n d in g

t o -d a y , J u n e

$ 1 ,0 6 5 ,2 3 0 ,3 7 9

la st

17,

w eek

h a ve
an d

the c o rr e sp o n d in g w e e k o f la s t y e a r .

Cl e a r in g s .
R etu rns b y T e l e g r a p h .

W eek

1893.

E n d in g J u n e 17.

1892.

$ 5 0 6 ,7 1 0 ,7 5 5

$ 5 5 7 ,6 6 0 ,7 6 2

P h i l a d e l p h i a ..................................
B a l t i m o r e ..........................................
C h i c a g o ...............................................

5 8 ,7 5 0 ,0 0 0
5 8 .2 1 0 ,5 6 0
1 1 ,8 4 9 ,8 8 9
6 7 ,6 4 7 ,5 3 4

6 4 ,1 5 3 ,0 9 9
6 7 ,8 9 0 ,5 1 5

B t . L o u i s ..........................................
W e w O r l e a n s ..................................

1 8 ,9 6 1 ,1 7 0
6 ,8 9 2 ,0 9 3

S e v e n c i t i e s , 5 d a y s .........
O t h e r o i t i e s , 5 d a ^ s ....................

$ 7 2 9 ,0 2 2 ,0 0 1

T o t a l a ll o i t i e s , 5 d a y s . . .
A l l o i t i e s , 1 d a y .............................

$ 8 7 1 ,0 4 1 ,4 6 2

T o t a l a ll c i t ie s f o r w e e k ..

H e w Y o r k .........................................
B o s t o n ...............................................

P e r C e n t.

-9 1

1 1 ,4 3 8 ,2 5 8
9 7 ,2 5 4 ,0 0 0
2 0 ,3 9 9 ,4 6 0
7 ,0 3 8 ,1 1 9

-8 A
- 1 4 -3
+ 3 -6
-3 0 -4
-7 * 1
-2 1

$ 8 2 5 ,3 3 4 ,2 0 3
1 4 9 ,0 4 1 ,2 6 2

-1 1 7
-4 * 7

1 8 2 ,4 0 2 ,7 1 1

$ 9 7 4 ,8 7 5 ,4 6 5
1 9 0 ,1 3 5 ,0 2 8

-1 0 * 7
-4 * 1

$ 1 ,0 5 3 ,4 4 4 ,1 7 3

$ 1 , 1 6 5 / 1 0 ,4 9 2

- 9 ’6

1 4 2 ,0 1 9 ,4 6 1

NO. 1 4 6 0 _
W e e k E n d i n g J u n e 10.

(C h ro m cl/ .

T e r m s o f S u b s c r i p t i o n — P a y a b le i n A d v a n c e :
For One Y e a r..................................................................................... $ 1 0 00
For 8ix M onths..................................................................................
6 00
European Subscription (including postage)........................ 12 00
European Subscription Six Months (including postage).
7 00
Annual Subscription in London (including postage)___ £ 2 10s.
Six Mos.
do.
do.
do.
...£ 1 1 0 s .
The I n v e s t o r s ’ S u p p l e m e n t o f 1 6 0 pages is issued every other
month, on tbe last Saturdays of January, March, M ay, July, September
and November, and furnished without extra charge to all subscribers
of the C h r o n ic l e for six months or longer.
The St a t e a n d C i t y S u p p l e m e n t o f 1 8 4 p a g e s is a lso g iv e n t o eve ry
y e a r l y s u b scrib e r o f th e C h r o n ic l e .
Subscriptions will be continued until definitely ordered stopped.
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File covers are sold at 50 cents each, and to new subscribers for a
ear one file covei is supplied without charge; postage on the same is
8 cents.
T e r m s o f A d v e r t i s i n g ’— ( P e r i n c h s p a c e ).
One tim e..................................... $3 50 I Three Months (13 tim e s)..$25 00
One Month
(4 tim es).. 11 00 Six Months
(26 “
) .. 43 00
Two Months
(8
“
) . . 18 0 0 |Twelve Months (52 “
) .. 58 00
(The above terms for one month and upward are for standing cards.)

U n ite d

A d o ., in the offloe of the Librarian of Congress, W Is lin g to n , D . C.

W e e k E iu V q

P.

C en t

J un e 3.

1893.

P . C e n t.

593,239,945

$

S
614,830,551

-8 * 0

552,790,731

8 a le t o f —
( S t o c k a ...............a h a re a .)
( G r a i n ............... b u sh e la .)

-7 8

0 ,1 0 8 .1 8 8 )
(17,242,100,

•1.300,842)
(35,381,802

(-1 8 0
(+ 3 3 5

(1.251,891)
(25,380,750)

(+ 2 3 *6 )
(+ S 2 -7 )

B o s t o n .....................................
P r o v id e u c e ...........................
H a r t f o r d ................................
N ew H a v e n .........................
S p r in g fle d ..........................
W o r c e s t e r ................. .........
P o r t la n d ............. ...................
L o w e l l.....................................
N ew B e d f o r d .......................
F all R i v e r * ...........................
T o t a l N e w E n g l a n d . ..

88,039,280
5,237,200
2,295,628
1,683.375
1,012.171
1,469,003
1,319,329
711,461
479.622
812,876
103,396,069

99.211.042
4,995.500
2,190.710
1,005.655
1,209,507
1,209,352
1,231.960
1,196,101
502,554

-1 0 * 7
+ 48
+ 4*8
8 I*?
+ 33 3
+215
+ 7*0
-4 0 * 5
-1 6

—8*2
+11*4
-0 * 5
+2*0
+ 3*7
+ 6*1
+ 4*3
-1 4 0
+ 3*9

113,352.441

—8*8

80,887.842
4,924.400
2.090,882
1,275,971
1,427,420
1,200,167
1,147,003
081,085
504,754
809,282
94,140,124

P h i l a d e l p h i a . .. .
P it t s b u r g .............
B a lt im o r e ............
B u ffa lo ...................
W a s h in g to n —
R o c h e s t e r ............
3 y r a c u s e ...............
W i lm in g t o n ........
B in g h a m t o n ........
T o t a l M id d le .,

68,952,539
13,594.205
16,055,383
8,142,196
2.281.522
1.713,149
1,065,057
LOOO.OOO
312,300
112,111,351

68.186,598
14,792,935
14,7*0.302
7.821,719
2,283.800
1,641,278
984,784
8 7 5 ,f3 8
248,000
111,615,660

+11
+ 1*9
+4*1
-0 * 1
+ 1*3
+8*1
+ 1 4 -2
+256

70,013,53?
12,515,428
15,270,728
7,526.571
1,858.091
1.533,316
916,398
' 813.475
270.000
111,317,544

-0 8
-1 0 O
-2 3
+0*9
—2 9
+ 2*4
+ 60
+2*1
+6*3
-1 * 9

C h ic a g o .............................
C in c in n a t i.......................
M ilw a u k e e .....................

95,515,163
13,246,900
6,354,134
7,131,070
5,67 7,365
3,506,100
1,675,500
1,763,062
1,071,392
414,363
374,627
300,000
196,056
448,799
160,003
137,255,732

102.160.265
14.743.850
0.797,103
0,716,015
5,875.4 i 9
l,3 5 9.8 0o
2.031,000
1,637,821
1,268,390
498.534
428.510
270.000
176,911

-0 * 6
— 10 2
—6*7
402
—3 4
-1 9 * 6
-1 7 * 5
4 7*7
-1 5 * 5
—19*7
-1 2 * 0
4-11 1
+10*8

—5*4
-1 2 * 7
— 13*5
-1 2 * 1
+ 1*8
— 22*3
-5 * 9
—31*9
+183
-2 1 4
+ 3 1 *7
+ 6*0
+ 8 *0

140,904,34c

-0 6

93,604,301
12,100.550
5,682.097
5,70>,0'JO
5.251,525
3,312.000
1,786.500
1,403,884
990,394
320,478
3 8 9 ,2 10
232.675
181,438
247,085
135,182
131,020,662

13,931,297
2,058.299
1,220.000
1,000,000
690.712
1,116,351
819,318
* 227,021
178,729

13.6S0.323
2,538,062
1,529,819
1,448,360
792,237
729,874
677,105
252,237
145,000

+1*8
—18 9
—20 2
-3 1 0
-1 2 8
+53 0
+21 0
-9 8
+233

15.220,504
1.823,524
1,041.503
1(80.000
8L2.I80
882,234
707,320
229.704
120,990

+ 81
+8 0
—15*5
+290
+ 34*3
+ 34 *8
+ 5*7
-0 * 0

99.314
21,242,357

21,799,017

-2 * 6

154,149
21,798.025

+ 1 -7

0,973.218
6,900,770
6.310.715
4,798,177
4.907.522
2.193,574
2,500,000
830.481
904,720
632,692
535.85*2
445.769
129,945
ItO.OOO

9,544,855
8,000,000
5.71S.9 - 1
0,378,144
5,299,962
1.584,475
2,117,809
1,193,365
788.720
817,000
528,449
410.573
111.208
90,000

4~1*5
-1 3 7
+10*3
-7 *4
+38 4
-t 18 0
—30 1
414*7
—22 0
+1*4
+S*r
+ 10*9
+ 10*1

9.791,220
6.040.381
5,928 760
4,490.063
4.145,133
1.885.523
3.700.000
830,717
911,743
505.380
464,292
412.845
119.721
86,743

+ 68
—23*2
+ 15 *6
-1 6 3
-1 0 2
+ 43 3
. -7 * 0
-3 4 * 0
—3 1
-3 9 8
+ 0 1
+7*3
+ 33*0
-2 2 * 0

E m p o r ia , K a n .* ................
T o ta l O th er W e ste rn .

11,109,435

42.5S3.597

-3 * 3

37.218.524

....
-5 * 2

S t . L o u i s ...................
N ew O r l e a n s ...........
L o u is v i ll e .................
G a l v e s t o n .................
H o u s t o n .....................
M e m p h i s ..................
R i c h m o n d .................
N a s h v ille ...................
S a v a n n a h ..................
A t la n t a ...................
C h a r le s t o n .................
D a lla s ...........................
N o r f o l k ......................
W a c o ............................
F o r t W o r t h ..............
B ir m in g h a m .............
C h a t t a n o o g a ...........
J a c k s o n v i l l e * ........
T o ta l S ou th ern ,

24,810.101
8.2o7,033
6,896,296
2,415,857
2,056,462
1,934,083
2,207.241
1,074,408
1.240,333
1,076,000
932,707.
926,124
I,u 06 ,c3 9
500,000
050,000
450,120
423,455
490,038
50 812,490

23,044,619
8,727,970
8.536.882
1,652,236
1,296,756
2.121.671
2,921.354
2.092,108
1.369.707
1,580,704
808,000
905,000
902,995
128,641
717,055
491,453
492,58? |
..............i
*
58,452,038;

+ 7*7
-6 0
-1 9 2
+ 40*2
4 58*0
—20 2
-2 4 * 4
—48 6
—9 4
—31*9

20.070.129
8,30*2.071
0.809,455
1.884,579
2.001.372
1,583.502
1.874.211
983,015
1,135,510
1,050,037
817,509
998.940
808,400
479,70?
531,132
437,223
345,035
275.201
50,833,823

N ew Y o r k ......................

D etroit...........................
C le v e la n d ........................
C o lu m b u s ........................
P e o r ia ................................
I n d ia n a p o lis ..................
G ra n d R a p i d s ...............
L e x i n g t o n .......................
S a g in a w ............................
A k r o n ................................
S p r in g fie ld , O ................
B a y C it y * .........................
C a n t o n * .......................... T o t a l M i d d le W e s t e m .
3 a n F r a n c is c o ..
P o r t la n d .............
S a lt L a k e C it y .
S e a t t l e .................
T a c o m a ...............
L os A n g e le s —
H e le n a .................
G r e a t F a l ls ........
S io u x F a lls ........
S p o k a n e * ............
A l b u q u e r q u e * ..
T o ta l P a c iflo ..
K a n s a s C i t y .......................
M in n e a p o lis .......................
O m a h a ..................................
S t. P a u l.................................
D e n v e r ..................................
D u lu t h ..................................
S t. J o s e p h ...........................
S io u x C i t y . . ..................... .
D es M o i n e s .........................
L i n c o l n . ...............................
W i c h i t a .................................
T o p e k a ..................................

F rem on t............................
I l m c h l n s o n ......................

T h e f u ll d e ta ils o f c le a rin g s fo r th e w eek c o v e r e d b y the
a b o v e sta te m e n t w ill be g iv e n n e x t S a tu rd a y .
W e cannot of
course fu rn ish th e m t o -d a y , b a n k cle a rin g s b e in g m a d e u p by
th e va rio u s c le a rin g h o u se s a t n o o n on S a tu r d a y , a n d hence in
th e a b o v e th e la st t w e n ty -fo u r h o u rs o f th e w eek h a v e to be
in a ll cases e stim a te d , as w e g o to press F r id a y n ig h t.
W e g iv e b e low ou r u su a l d etailed figu res fo r the previou s
w e e k , c o v e r in g the retu rn s fo r the p e rio d e n d in g w ith S a tu r
d a y n o o n , J u n e 10, as w e ll as th e c o m p a ra tiv e tota ls in 1892.
T ra n sa ctio n s o n th e N e w Y o r k S to c k E x c h a n g e a n d o n the
o th er e x c h a n g e s h a v e been o f lts s e r v o lu m e th a n d u r in g th e
p r e c e d in g w e e k , b u t d e a lin g s o n th e P ro d u c e E x c h a n g e h a v e
b e e n m u c h grea te r.
C o n tra sted w ith th e co rre sp o n d in g period
o f 1892 th e re is a loss o f 6 5 per c e n t in th e w h o le c o u n tr y
a n d a f a llin g o ff o f 4 ’ 6 per c e n t ou tsid e o f N e w Y o r k , tbe d e 
crease at this c ity b e in g 8 '0 per. c e n t. In ra tio o f in crease
H o u s to n leads th is w e e k w ith 5 8 ‘6 p er c e n t, an d is fo llo w e d
b y L o s A n g e le d 5 3 ; G a lv e sto n 4 6 '2 ; D u lu th 3 8 '4 , a n d S p r in g fie ld , M a ss., 33-3 p e r c e n t. T h e h e a v e st losses are a t N a s h 
v ille , L o w e ll an d A tla n ta .

1892.

+04

*

-6 0

....
-7 * 3

....

H astings*..........................

T o t a l a l l .....................

1,065.230.379 1,139,604,252;

O u ts id e N e w Y o r k .,
M o n t r e a l ..............
T o r o n t o ................
H a l i f a x .................
H a m il t o n ............
T o ta l C anada.
• N o t in c lu d e d i n to t a ls .

471,990.434
11,895.529
0,354 705
1,224,1G6
775,010
20.249.476

494.707,701,
12,901,232
0,502,446
1,248,204!
8 32 .50 1 1
21.484,383

+ 2*3
+ 11 4
4-16-6
-9 * 4
—8*4
— 14*0
—2*8
-6 5

....

+4A
—6*5

999,125.433

—4*0 T l6 .3 2 8 .7 0 2
—7*8
-2 * 3
—1 9
-6 9
-5 * 7

-2 * 7
+ 14*8
—15*0
+ 20*0
+ 59*8
-1 9 * 0
-2 8 * 3
—47 "O
-1 7 * 1
-1 7 8
+2*2
+9 8
-2 5 1
+ 4 *1
+ 32*3
—2 1 3
-2 8 * 0

10.757.142
6. L03 920
1,077.028
747,814
18.690 904

“

—1 8
-3 0
—5 6
—17 1
+2 5
— 4*9

THE CHRONICLE

&990

[VOL. LYI.

lated to restore confidence— as far as confidence can be
restored so long as the Silver-Purchase Law remains
S T A r t M 1 5 C IT Y J > £ f A T * T M £ N T .
on the statute book. It is proper to say that the
S ee p a g e s 1 0 2 7 , 1 0 2 S , 1 0 2 9 , 1 0 3 0 , a n d 1 0 3 1 fo i o u r Philadelphia Clearing House Association on Thursday
also decided to permit of the issue of loan certificates
S tate and C ity D e p a r tm e n t.
if needed by the banks.
A ll a d v e rtise m e n ts w ith re la tio n to S ta te a n d C ity B o n d s
Mr. Preston, the Acting Director of the Mint, was
w ill lik e w ise b e fo u n d o n th e s a m e a n d fo llo w in g p a g e s.
on Monday authorized by the Secretary of the Treas
ury to change the system of accepting offers of silver
THE FIN A N CIA L SITUATION.
under the act of July, 1890, and to return to the prac
Currency shipments from New York to the interior tice which prevailed under the first administration of
this week hare been on nearly as large a scale Mr. Cleveland, when Mr. Manning was Secretary of
as the extraordinary shipments of last week. This the Treasury. The Government was convinced at that
single fact illustrates yery forcibly the existing situa time that the offerings of silver were in many cases
tion, where distrust and lack of confidence are the dom made by a combination of speculators who were able so
inant features, and furnishes also the key to the action to manipulate the London market as very often to give
of our New York Clearing-House banks this week in a fictitious value to the metal at the periods selected
again authorizing the issue of Clearing-House loan cer for the purchase of the silver by the Mint bureau, the
tificates. The gross shipments this week have been market value in the United States being based upon
$10,667,000, and last week were $12,847,000, making the value of the metal in London. The Treasury
$23,514,000 for the two weeks.
Of course there Commission, acting with the Director of the Mint,
have also been receipts from the interior, as there established a policy of making counter bids, on the
always are, hut even the net shipments reach submission of the offerings by the owners of silver, in
close to 16 million dollars. The money holdings stead of rejecting the whole or any part of such offer
of the banks had previously been greatly reduced by ings, and this policy resulted in enabling the
the heavy gold exports. Hence, as there was a possibility Government to obtain the required amount of
that the demand from the interior might continue, and silver at the natural price and defeating the plans
Under the
as the banks desired to be able to respond to such calls of those attempting" manipulation.
and at the same time be in position to extend proper administration of Secretary "WIndom the system
accommodations to their regular mercantile customers, of accepting offers of silver was changed, and
it was deemed best to he prepared for possible emer after the Silver-Purchase Law of 1890 went into effect
gencies and to give permission, under the usual restric there was a disposition manifested by the Treasury
tions, to issue loan certificates if the necessity for such officials and the Mint Bureau liberally to construe the
a step should arise.
law, even to the extent of paying very near the highest
The action in this instance differs from that on the market price for the metal, that policy being regarded
previous occasions when recourse was had to the same as carrying out the intentions and wishes of the people,
device. On these previous occasions action was only as expressed through their representatives in the pas
taken after some of the hanks had got into trouble and sage of the law. In fact, it was well understood that
had to he helped out of their difficulties. On the the Government desired to advance the market value of
present occasion there is no indication of trouble; silver, and of course the owners of the metal here and
indeed there is every reason to believe that collectively in Europe profited by such treatment. This policy
the New York institutions are in unusually sound was continued after the price of silver materially
condition at the present time, having long been declined, and in fact was in force in a somewhat modi
putting their affairs in shape in fear of unfavor fied degree until this week. On Monday the attention
able developments from our currency derange of the Secretary of the Treasury was called by Mr.
ments. The action, therefore, is entirely precautionary Preston to the fact that the majority of the offers of sil
and preventive. It is taken with the view to extend ver made on that day were really above the parity of
ing all needed assistance to the out-of-town banks, in the Londou price, even with the allowance of 5-10 of a
the great strain to which these banks are now being cent per ounce for transportation from London td New
subjected, and to ease the general situation. It was York, and it was then decided to make the change
also felt that such a step by the New York banks might noted.
make the clearing-house associations of other cities
The current of sentiment against the 1890 Silver act is
less disinclined to adopt a similar course out of fear that all the time becoming stronger, and yesterday press dis
an act of that kind on their part might he constrited patches announced that the Winston (N. C.) Chamber
to their detriment. None of the New York banks of Commerce had adopted resolutions demanding the
availed themselves yesterday of the opportunity to take repeal of the law, and requesting the Senators and
out loan certificates, and thus it will be seen the action Bepresentatives from the State to vote accordingly.
of the Clearing House was not the outcome of any urgent, The Secretary of the Treasury has this week made
immediate need. Nor can it be regarded as in the remot an informal statement showing the amount of silver
est degree a confession of weakness. It indicates simply dollars coined from the organization of the Mintto June
due vigilance. Ia times of distress the New York banks 1st, and the quantity of silver purchased under the act
are always called upon to bear the brunt of the finan of July 14, 1890. From 1792 to 1873 the coinage of
cial battles, and their action thi3 week is a notice that silver dollars was $8,045,838. In the last-named year
they are prepared, should the oocasiou require, the coinage was suspended, b ut it was resumed under
to stand together not only for their own pro the Bland Allison act in 1878, and between the date of
tection but for the protection of the interests of the that act and July 14, 1890, there were coined $378,166,banks aSd the mercantile and financial community in 793. Iu addition to this $5,078,472 were coined from
other parts of the country.
In this sense the event trade dollars and $6,641,109 from the seignorage of
must be considered as a very reassuring one and calcu bullion purchased and coined, making $389,886,374.
THE

J une 17, 1893.]

THE CHRONICLE.

By the terms of the act of July 14, 1890, the
coinage of dollars was continued until July 1,
1891, resulting iu an addition of $29,408,461, and mak
ing the total coinage under all acts since 1878 $419,294,835. The purchases of silver bullion under the
act of July 14, 1890, hare amounted to 124,292,532 fine
ounces, costing $114,299,920. This is now worth at the
market price of silver $103,411,386, showing a loss of
$10,888,530.
The Secretary stated that during the
eleven months ending May 1, 1893, the Treasury notes
issued for the purchase of bullion amounted to $49,961,184, and during this period $47,745,173 of such notes
were paid with gold. f‘How long,” the Secretary re
marks, “ che Government shall thus be compelled to
purchase silver bullion and increase the public debt by
issuing coin obligations in payment for it, is a question
which Congress alone can answer. It is evident that if
this policy is continued and the Secretary of the Treas
ury shall be compelled to issue bonds or otherwise in
crease the interest-bearing public debt, it will be done
for the purpose of procuring gold with which to pay
for silver bullion purchased under the act referred to.”
Gold exports have ceased for the time being, and the
United States Treasury is again increasing its gold
holdings.
Very naturally, however, the continued
large shipments of currency to the interior have had
their effect on the money market. On call, as repre
sented by bankers* balances, the rate has been as high
as 25 per cent this week. This rate was first paid on
Thursday, when the market was to an extent disturbed
by a calling in of loans in connection with the settlement
by the Brooklyn trust companies of the deal between
the Brooklyn City Railroad and the Traction Company.
Yesterday, however, the same figure was again touched,
the close being at 15 per cent. Early in the week
loans were made as low as 4 per cent. The average for
the week has been probably 7 per cent; renewals were
at 6 and banks and trust companies quoted 6 per
cent as the minimum. The demand wa3 good
during the entire week and brokers’ balances
and
insurance
money constituted
the
bulk
o f the offerings. There was an urgent inquiry for
money on time at full rates for any period, the advance
above 6 per cent being paid as a commission for secu
ring the loan. The supply was small, and it did not in
any case come from the local banks. Commercial paper
was absolutely stagnant, all banks being fully employed
in extending accommodation to their own customers.
The supply of paper is very large, and offerings are in
many cases urgently pressed. The quoted rates are 61
to 7 per cent for 60 to 90 day endorsed bills receivable;
7-J to 8 for four months commission house names, and
8 to 10 for good single names having from four to six
months to run.
The Bank of England further increased its bullion
holdings £1,911,000 this week, and now occupies a
position of great strength, holding £29,396,385 of the
metal, which is the largest stock in its possession for
nearly fourteen years— that is, since November 5, 1879.
The fortnightly settlement in London was made with
out dififi )ulty, and discounts in the open market de
clined, so that on Thursday the Bank of England
minimum ra'e was reduced to 2£ per cent. As already
stated, the Bank gained £1,911,000 gold bullion dur
ing the week.
According to our special cable, this
gain is the result of imports of £1,611,000, exports of
£190,000 and receipts from the interior of Great
Britain of £490,000. Of the imports £1,551,000 came
from the United States, £35,000 from Portugal,

991 <

I £10,000 from Australia, and £15,000 was bought in
the open market.
Of the exports £100,000 went to
Tuikey, £80,000 to Russia and £10,000 to Halifax,
Discounts of 60 to 90 day bank bills in London were
yesterday quoted at 1| per cent; in Paris the open mar
ket rate was 2£ per cent, at Berlin 3£ per cent and at
Frankfort 3 f per cent.
Foreign exchange was dull and steady until Wednes
day, when it felt the influence of higher rates for
money, and it was decidedly weak on Thursday and un
settled yesterday for the same reason. The offerings
of commercial bills have been checked by the scarcity
of freight room, which has interrupted the outward
movement of grain, and the arbitrage houses have done
practically nothing during the week. The supply of
bills has come chiefly from sterling loans. Compared
with Friday of last week the market opened unchanged
on Monday except that the Bank of Montreal reduced
its rate on Saturday to 4 86 for long and 4 88 for short.
On Tuesday Baring, Magoun & Co. lowered their rates
to these figures, and no further change was made by
any of the drawers until Thursday, when Brown Bro3.
reduced to 4 85 for long and 4 87 for short and the
Bank of Montreal advanced the long rate to 4 86£.
Yesterday Brown Bros, made a further reduction to
4 84£ for long and 4 86-£ for short and Baring, Magoun
& Co. quoted 4 85 and 4 87 respectively, the Bank of
Montreal 4 86 and 4 87^ and the Bank of North
America 4 85 and 4 87. The market closed weak at
4 84^ to 4 86 for sixty-day and 4 86| to 4 87^ for short.
Rates for actual business were 4 83£ to 4 83f for long,
4 84f to 4 85^ for short, 4 85 to 4 85-J for cable trans
fers, 4 82^ to 4 83 for prime and 4 82 to 4 82£ for
documentary commercial bills. The Bureau of S atis
fies at Washington has this week issued the usual pre
liminary statement of the exports of breadstuffs, pro
visions, cotton and petroleum, and we summarize the
results in our usual form in the following.
E X P O R T S O P B R E A D S T U F F S , P R O V IS IO N S . C O TTO N A N D P E T R O L E U M .

E x p o rts
fr o m O. S.

1 892-93.
M ay.

11 M o n t h s .

1891-92.
M ay.

11 M o n t h s .

1890-91.
M ay.

11 M o n t h s ,

Q u a n titie s .

W heat.bush.
F lo u r...b b ls .

8,538,031 104,313,450
1,290,191 14,896,396

10,127,121 143,538,001
1,163,341 13,548.518

6,286,987
799,497

47,405,391
10,235,381

W h e a t.. ..b u .
C orn...bU 8h.

14,343,891 171,347,232
5,007,702 34,140,311

15,361.708 204,505,882
5,859,293 70,753,137

9,881,724
1,921,701

93,164,006
27,090,094

T o t. b u sh ..

19,351,593 205,187,513

21,221,001 375,259,019

11,806,425 120,554,700

*
*
15,323,316 215,932.810
3,139,162 39,772,621
443,446 10,910.591
4,131,803
489,497
14,973
1,722,168

f
10,681,018
1,493,769

Oats & m eal.
B arley...........

$
*
12,399.300 151,528,652
2,559,691 18,648,356
S 8 1.457
770,095
307,518
1,240,701
75,856

Br’dstuffs..
Provision s *.
C o tto n ...........
P e tro l’m .&c.

15,415,342 173,069,261
12,255,830 136,636,279
11,251,126 1S1,?S1,370
3,758.149 37,611,594

19,110,394 272,476,023
11,503,308 117,907,810
10.764,662 219,119,437
3,171,926 40,718,210

12,330,2 i l 109.950,934
9,256,892 117,131,142
11.460,987 231.061.759
3,585,276 47,273,930

T ot. value.

42.689.447 529.098.504

47,850.290 710,221,510

36,633 38d!;>85.423.8i5

V a lu e s .

W h ’t & flour.
Corn& m eal.

22,935
129,509

*
92,433,290
10,091,020
203,411
590,653
588,604

• In clu d in g: c a t t le a n d h o « s tn a ll m o n t h s a n d y e a r s .
N o t e .— A l l t h e a b o v e f i g u r e s a r e b a s e d o n t h e m o n t h l y p r e l i m i n a r y
r e t u r n s i s s u e d b y t h e B u r e a u o f S t a t i s t i c s , a n d c o v e r a b o u t 93 p e r cent
o f th e t o t a l e x p o r ts o f th e a r t ic le s n a m e d .

It will be seen from the foregoing that the totals for
May make a much better comparison with last year than
was the case in the months preceding. The loss is only
a little over five million dollars in the aggregate, after
a gain in May, 1892, of over 11 million dollars; in
brief, the value of the exports of these leading
staples for May, 1893, is $42,630,447, against $17,850,290 iu May, 1892, and $36,633,336 in May, 1891.
The United States Agricultural Department on Sat
urday issued its report on the condition of the country’ s
crops, and as expected it shows much lower averages
than at the corresponding date in 1892. Very little,
however, can be predicated on low averages thus early

THE CHRONICLE.

992

in the season, except in the case of wheat, and there the
shortage will he of comparatively little consequence
because of the very heavy supplies carried over from the
last crop. The condition o£ winter wheat is reported
at only 75'5, against 88-3 last year and 96-6 the year
before, and the condition of spring wheat at 86-4,
against 92-3 and 92-6 respectively. For oats the aver
age is 88'9, against 99T and 85*1; for rye 81*6, against
91-0 and 95-4, and for barley 88-3, against 92T and
90*3. The following table presents a comparison of
the averages for a series of years past.
1893.
Winter wheat........... 75'5
Spring wheat___ .86*4
Oats.......................... .88*9
E y e .............................. 84*6
B a r le y ...................... 88*3

1892.
88*3
92*3
99*1
91*0
92 1

1891.
96*6
92*6
85*1
95*4
90*3

1S90.
73*1
91*3
89*8
92*3
86*4

1 8 89.
93*1
94*4
93*8
95*2
95*6

1 8 88.
73*3
92*8
95*4
93*9
83*8

1S87.
84*9
87*3
91*0
88*9
87*0

[Von. L V I.

plan, the assessments are payable in four equal instal
ments not less than 60 days apart, and the fact that
the payment now called for is so small has given rise to
reports that the assessments were going to be extended
over a much longer period of time than originally con
templated— one report saying the last assessment
would probably not be called till 1895. We are in
formed that this impression is erroneous. The assess
ments will probably extend into the early part of 1894,
but the present payment has been made small simply
because of the. unsettled condition of the financial
markets; except for that the full 25 per cent of the
assessment would have been called.
The following table indicates the amount of bullion
in the principal European banks this week and at the
corresponding date last year.

Besides the poorer condition there is also for most
S h ip p e d b y
R e ceiv e d by
N e t I n te r io r
of the crops a falling o2 in acreage. The oats crop is
W e e k E n d i n g J u n e 10, 1893.
N .T . B a n k s•N . T . B a n k s.
M o v em en t.
an exception, with an increase of seven-tenths of one
$ 2 ,5 1 2 ,0 0 0
$ 8 ,9 0 7 ,0 0 0 L o s s $ 6 , 4 5 5 , 0 0 0
per cent; barley, however, shows a decrease of 5*1 per Fold. ................................... ...............................
5 1 2 ,0 0 0
1 ,7 0 0 ,0 0 0 L j SS. 1 ,1 8 8 ,0 0 0
T o t a l g o l d a n d le g a l t e n d e r s ___
$ 3 ,0 2 4 ,0 0 0 $ 1 0 ,6 6 7 ,0 0 0 L o s s .$ 7 ,6 1 3 ,0 0 0
per cent and rye a decrease of 5*7 per cent.
Iu the
case of wheat a considerable amount of land sown to
With the Sub-Treasury operations and gold exports,
that cereal has had to be plowed up and put in other
the result is as follows.
crops. For the whole country the average percentage
Out of
In to
N e t C h a n g e in
W e e k e n d i n g J u n e 16, 1893.
of acreage for spring and winter wheat combined is
B anks.
B anks.
B a n k H o ld in g s 0
given as only 89*8. In Illinois a decrease in the 8a n k s ’ in t e r i o r m o v e m e n t , a s a b o v e $ 3 ,0 2 4 ,0 0 0 $ 1 0 ,6 6 7 ,0 0 0 L o s s . $ 7 , 6 4 3 . 0 0 0
winter-wheat acreage of 24 per cent is reported, in S u b -T r e a s . o p e r . a n d g o l d e x p o r t s . . 10,2 0 0 ,0 0 0 1 5 ,5 0 0 ,0 0 0 G a in . 7 0 0 ,0 0 0
T o t a l g o l d a n d l e g a l t e n d e r s ........ $ 1 9 ,2 2 4 ,0 0 0 $ 2 0 ,1 0 7 ,0 0 0 L o s s . $ 6 , 9 4 3 ,0 0 0
Missouri a decrease of 16 per cent and in Kansas a de
The following table indicates the amount of bullion
crease of 39 per cent.
Below we show the acreage in
spring and winter wheat combined for each of the in the principal European banks this week and at the
principal producing States, and also the condition corresponding date last year.
figures of the crop for the same States.
J u n e 15, 1893.
J u n e 16, 1892.

Bank of

ACR E A G E AN D CO N D ITIO N O F W H E A T ON JU N E 1 .

G o ld .

*

1892.

1891.

1890.

O h io ..............................
I n d i a n a .......................
I ll in o i s .........................
M i s s o u r i . . . .................
K a n s a s ........................
M i c h i g a n ...................
C a li f o r n ia ...................
O r e g o n ........................
N e w Y o r k .................
P e n n s y lv a n ia ..........
T e n n e s s e e .................
M a r y l a n d ....................
V i r g in i a ........................
T e x a s .............................
O t h e r w in t e r .............
T o t . w in te r
T o t . s p r in g

wheat
wheat

90
81
’6 7
74
47
72
72

102
87
92
90
9*
9i
i

0
75-

86*

2 ,0 8 4
2,?>5i
1,331
1 ,609
3 ,1 3
1 ,4 1 i
2 ,0 5 1
023
452
1,244
809
498
799
440
2 .7 3 0

2 ,7 9 d
81
87 2 ,7 1 8
80
1 ,7 5 '
75
1,987
87
-4,071
80 1 ,0 2 3
98; 3 .0 3 2
98
023
97
519
89
1,324
93
899
93
530
92
799
93
445
3 ,M 9

2 3 .0 3 7 8 5 -3 | 2 e .2 4 ’
1 1,5 81 93*8,1*3,31

T o t a l ...................... 78‘i 3 4 .0 2 1 8 9-6^ 38,554
P e r c e n t o f in c . o r
d e c . in a r e a g e ___
-3 * 4

10-2

99
99
98
99
95
90
97
98
90
97
99
93
95
98

2 ,6 0 :
2 ,9 1 8
1 ,946
1 ,8 9 2
3 ,5 4 0
1,007
2 ,8 1 5
092
041
1 ,387
1 ,1 9 9
540
850
530
3,4.05

84
03

0
1
77
80
69
80
91
93
98
72
97
87
67

97 2 6 ,5 8 1
98 1 3 ,3 3 5

2 ,8 9 9
2 ,4 9 4
1 ,853
1 ,6 0 3
2 ,0 5 8
1 502
2 ,4 2 b
Si>7
e4i
1,337
1 ,1 7 5
535
802
511
3 ,2 9 7

C o n d itio n .

I

"1

88
90
90
98
98
9C
98
99
90
95
89
98
97

2 ,5 2 6
2 ,8 0 2
2 ,3 7 6
1 ,5 9 8
1 ,080
1 ,613
3 ,2 9 2
845
647
1 ,3 5 1

1,211
810

88

001
3 ,4 9 7

78 2 3 ,5 2 0
91 1 2 ,5 0 7

95 1.39.916!
+ 8 -7

A crea g e.

C o n d itio n .

A crea ge.

|C o n d itio n .

A crea ge.

|C o n d itio n .

|A c r e a g e .

| C o n d itio n .

St a t e s .

1

93 2 5 ,3 8 5
94 1 2 ,7 3 9

. . 3 6 ,0 8 7

3 S .1 2 4

5*3

+2*1

Three ciphers (.000) omitted from acreage figures.

For Ohio a somewhat higher average than last year
is reported and in Oregon the condition of the crop is
put at 102. Illinois, however, is credited with an av
erage of only 67 and Kansas with an average of but 47.
The Richmond Terminal reorganization plan has
proved a decided success, holders of over 90 per cent
of the securities of the Terminal Company having given
their assent to it. Those who have failed to deposit
their securities can now only do so on the payment of
certain penalties, and the privilege must be exercised
on or before the 24th of June. Some slight modifica
tions of the plan have been made in the case of the
Georgia Pacific securities and the Richmond & Dant ille 5 per cent consols, and notice has been given that
these securities must be deposited on or before June 27.
A payment of $1 50 per share has also been called far on
account of the first instalment of the assessment on Rich
mond Terminal common Btock. By the provisions of the

E n g la n d ...........
F r a n c e ..............
G e r m a n y ........
A .U 8 t.-H u n g ’y
N e t h e r la n d s ..
N a t .B e lg iu m .
S pa in .................

T o ta l.

G o ld .

S ilv e r .

T o ta l.

£

1889.

^

1893.

S ilv e r .
£

£

£

£

£

29,396,385
29,396,385
08,470,819 51,117,469 119,588.288
33,543,750 11,181,250 44,725.000
10,414,000 17,447,000 27,861,000
2,818.000 7,109,000
9,927,000
4,238.000
2,825,333 1,412,057
7,714,000 6,468,000 14,182,000

26,878,950
03,093,000
37,806,0 0
5,859,000
3,209.00i i
2,854,637
7,596,000

26.878,930
51,830.000 114,923,01 a
,002,000 50,4 8,000
16,532,000 22,391,000
0.814.000 10,0 23 ,00 0
1,427,333
4 ,282,000
4 ,7 -8 ,0 0 0 12,3 24 ,00 0

12

T o t . t h is w e e k 155.182,287 94,735,380 249,917,073 147,290,597 93,933,333 2 4 1 ,2 :9 ,9 3 0
T o t . p r e v . w ’ k 153,486,608 94,970,855 248,457,463 145,047,051 93.601,133 239.24 8,1 84

THE ROCK ISLAND REPORT.
The report of the Chicago Rock Island & Pacific
for the twelve months ending March 31, 1893, shows
that the late fiscal year yielded a somewhat better out
come for the company than the year preceding, in
which latter year results had been bttter than in 189091. Taking the two years together, therefore, there
has been considerable improvement, and for 1892-93*
the company earned a fair surplus above its require
ments for interest and the four per cent dividends
now being paid on its stock, while for 1890-91 the
accounts showed a deficiency after the payment
of the dividends. The surplus for the late year is
$201,821; in 1891-92 there was a surplus of as much
as $548,557, but this was after the payment of only 3
per cent in dividends for the twelve months; in 189091, with the aggregate of the dividends 4 per cent as
in the late year, there was a deficit on the operasions of the twelve months of $246,681. As in the
interval fixed charges have necessarily increased, the
showing must be considered satisfactory, and especially
when we bear in mind that the conditions were not
favorable to the making of large profits on the trans
portation work.
Like most other large companies, the Rock Island
has a much larger improvement in the gross earnings
than in the net earnings. For the late year gross in
creased $2,281,034, net only $344,403. In the year

J une 17, 1898,]

THE CHRONICLE.

preceding, on an increase of $1,216,442 in gross, net
increased $483,179. For the two years the addition to
the gross has been $3,497,476, or fully 20 per cent,
the total having risen fx-om $17,473,634 to $20,971,110,
while the addition to the net has been only $827,582, or
hut little over 16 per cent, the total having risen from
$5,059,839 to $5,887,421. Though the addition to the
net has been smaller proportionately than the addition
to the gross, the gains in both cases, it will be seen, rep
resent quite substantial amounts. It deserves to be
noted, however, that part of the increase in the late
year came as the result of a heavy increase in the item
•of rentals, interest, &c., which for 1892-93 is reported
as $794,368, against only $177,002 for 18 91-92 and
$186,957 for 1890-91. The increase in this item must
be assumed to be due mainly to the receipt of interest
and dividends on stocks and bonds owned, and hence
■eould have involved no important addition to expenses.
It follows that except for thi3 income from investments,
net earnings (from the operations of the road alone)
•would show little or no increase, notwithstanding
the heavy addition to the gross earnings and
the great enlargement of the system’s traffic. In
brief, the increased business has yielded but little, if
any, addition to net profits. In this of course the
-experience of the Eock Island has been no different
from that of other leading roads, which all show un
satisfactory net results by reason of the low rates re
ceived and the great increase in operating cost,
■occasioned in part by the payment of higher wages, in
part by the better service and improved facilities and
accommodations demanded by shippers and the public,
and in some cases also by extra expenditures for repairs
and renewals made necessary by such conditions. On
the Eock Island, even with the extra income from
“ rents, interest, &c.,” the ratio of expenses and taxes
to gross receipts in the late year was almost 72 per cent
(71-93 per cent), and in the years preceding the ratios
were also high, having been 70‘34 per cent in 1891-92
and 71'04 per cent in 1890-91.
In such a situation and under such conditions it
requires very careful management on the part of rail
road officials to make both ends meet. The feature
of hope and encouragement is, that the two movements
— decreasing rates and increasing expenses— have been
going on so long that it would seem as if a change for
the better could not be far in the distance. In the
meantime, as far as the Eock Island is concerned, a study
of the company’s traffic records and statistics affords
pleasing evidence of the growth and development of the
business of the road. And the effort evidently has been
to develop to the utmost the local traffic— a road’s
strongest and most reliable support. The effects of
this policy are clearly shown in the steady increase in
the proportion of the company’ s revenues derived from
local business. For instance, in the late yoar, accord
ing to the report, of the entire freight earnings 53-53
per cent came from local freight and only
-46-47 per cent from through freight. Looking at
the report for the previous year, we find that in that
year only 50-27 per cent of the freight earnings came
from local freight and 49-73 per cent from through
freight. Going back one year further, it is discovered
that in 1890-91 the proportion of the through freight
earnings actually exceeded that of the local freight,
the figures being 51'96 per cent and 48-04 per cent.
The change has been so decided that it seems desirable
to carry the record a few years further back, and this
we have done in the following.

993,

P R O P O R T IO N O F F R E IG H T E A R N IN G S F R O M T H R O U G H A N D L O C A L T R A F F I C

F r o m lo c a l f r e i g h t .

1887 8 8 .................... ................
1 8 88-89 .....................................
1389-90 .....................................
189 0 9 1 ...........................
189 1 92 ...........................
189293 ...........................

41*73 per cent.
44 00 per cent.
51*41 per cent.
43 0 4 per cent.
5 0 2 7 per cent.
53*53 per cent.

F ro m t h r o u g h fr e ig h t*

58*27 per cent.
56*00 per cent.
48*59 per cent.
51 96 per cent.
49*73 per cent.
46*47 percent.

It will be seen that in 1888-89 the proportion of the
through freight was 56 per cent and in 1887-88 as much
as 58-27 per cent, as against only 46-47 per cent now.
The proportion of the local freight in 1888-89 was
44-00 per cent and in 1887-88 but 41-73 per cent, whil e
for 1892-93, as we have seen, it is 53‘53.
There has also been a very notable change in the
character and composition of the company’s freight.
The aggregate tonnage of the system has risen
from 6,000,168 tons in 1890-91 to 6,796,671 ton3
in 1891-92 and to 7,479,287 tons in 1892-93—
that is, in the two years there has been an addition
to the tonnage of the system of abont 1£ million
tons, or, roughly, about three-quarters of a million tons
each year. One not informed as to the road’s affairs
might be inclined to think that the increase represented
entirely so much additional grain tonnage. It is true
that taking the country as a whole crops last season
were not as good as those for the season preceding, hut
Kansas, in which a large part of the Rock Island’s
mileage is situated, raised, as is known, a phenomenal
crop of wheat in 1892. In reviewing the report for
1891- 92, however, we pointed out that only a small
portion of the gain in tonnage in that year had come
from the grain traffic, and the same remark applies to
the gain in tonnage during the late year.
The wonderful wheat harvest in Kansas is of course
reflected in a heavy increase in the movement of wheat,
of which the tonnage for 1892-93 was 427,123 tons,
against only 297,250 tons for 1891-92 and 133,997
tons for 1890-91. But this accounts for no more than
163,253 tons of the 796,503 tons increase in 1891-92,
and only 129,873 tons of the 682,616 increase in
1892- 93, while at the same time there has been a falling
off in the tonnage of corn and oats; of corn the
quantity moved was only 515,627 tons in 1892-93
against 573,084 ton3 in 1891-92 and 543,214 tons in
1890-91, and of oats only 275,817 tons were moved in
1892-93 against 310,437 tons in 1891-92 and 323,008
tons in 1890-91. In 1889-90 the corn tonnage of the
Eock Island was as much as 923,005 tons, which will
account for the fact that in that year, as appears by
the table above, the proportion of the local freight
was suddenly increased, only to be reduced again the
next year, when the corn tonnage dropped to 543,214
tons. Allowing for the loss in corn and oats, the net
gain in the late year in the tonnage of the three princi
pal cereals was comparatively small.
But if grain has supplied only a small part of the
increase, from what source did the gain in the aggre
gate freight tonnage come ? The answer is the
same as it was for the year preceding. The increase
came from those items of traffic which reflect the
growth of population and the development of industrial
activity in the sections traversed by the company’s
lines. Of coal and coke 1,808,076 tons were carried
in 1892-3, against only 1,565,587 tons in 1891-2,
1,328,852 tons in 1890-91, 1,239,982 tons in 1S89-90,
and very much smaller amounts in the years preceding;
of lumber 646,521 tons were moved in 1892-93, against
561,347 tons in 1891-92 and 445,542 tons in 1890-91; of
lime and cement 114,260 tons, against 95,764 and 76,085
tons respectively; of iron 256,401 tons, against 214,007

THE CHRONICLE.

994

and 227,248 tons; of stone 322,777 tons, against 267,562 and 225,986 tons; of brick 308,450 against 259,087
and 177,030 tons; and of sand and gravel 200,080
against 161,665 and 136,076 tons. In the following
we have brought together the figures for the last four
years of a few of the leading items of the company 's
tonnage, from which a good idea of the change which
has occurred in this period can be obtained. The
figures include the operations of the lines west of the
Missouri for all the years.
TONNAGE O F LE A D IN G ITEM S O F F R E IG H T ON R O C K ISLAND.

rvoL. l v i ,

from connecting lines of $22,677. Such results—both
as to passengers and freight— must be gratifying to
the managers as well as to the stockholders, for under
the small margin of profit at which carriers are now
obliged to render transportation service, continued
progress in the development of traffic affords the only
assurance of successful operations.

N ORTHERN P A C IF IC COLLATERAL TRUST
NOTES.

Copies of the Northern Pacific collateral trust in
denture have been furnished this week, and the pro
visions of the same will no doubt be closely studied
by the general public as well as by those personally in
1 ,2 1 8 ,5 6 7 1,1 8 0,77 1 1 ,0 0 0 ,2 1 9 1 ,2 8 9,81 5 terested in the company’s affairs.
The experiment of
2 8 6 ,0 0 2
2 84 ,43 5
2 87 ,18 9
C a t t le ............................. ........ 3 36 ,12 8
1 6 4 ,2 6 6 issuing collateral trust notes, having only a short term
2 1 8 ,0 3 4
........ 1 62 ,92 7
1 83 ,05 8
H o g s ...............................
of years to run, is a new one, and is being watched with
1,7 1 7,62 2 1 ,6 5 1,01 8 1 ,5 0 2,68 8 1 ,7 4 0 ,0 8 3
ordinary collateral trust bonds of
1889-90. much interest;
1890-1.
1891-2.
1892-3.
Tons.
Tons.
Tons.
Tons.
Group IT.
course are well known, but they differ in essential
1 ,5 6 5,58 7 1 ,3 2 8 ,8 5 2 1 ,2 3 9,98 2
Coal a n d c o k e .............
5 5 7 ,7 6 4 particulars from the trust notes, such as those issued a
6 2 3 ,9 6 3
6 9 6 ,15 1
M erch a n d ise................. ........ 7 3 0 ,5 1 0
4 6 2 ,1 7 2 couple of years ago by the "Onion Pacific and those now
4 4 5 ,5 4 2
5 6 1 ,3 4 7
L u m b er, lath , & c........ ........ 646 ,52 1
3 0 5 ,65 9
2 6 7 ,5 6 2
2 2 5 ,9 8 6
S to n e.................... ......... ........ 3 2 2 ,7 7 7
issued by the Northern Pacific.
1 7 7 ,0 3 0
142 .59 8
2 5 9 ,08 7
B rich .............................. ........ 3 0 8 ,4 5 0
2 1 3 ,21 4
2 1 4 ,0 0 7
2 2 7 ,2 4 8
The primary object of collateral trust note issues
I r o n .. ........................... ........ 2 5 6 ,40 1
1 21 ,06 7
1 6 1 ,6 6 5
1 3 6 ,0 7 6
S an d and g r a v e l........ ........ 2 0 0 ,0 8 0
thus far has been to provide for and take up trouble
4 ,2 7 2 .8 1 5 3 ,7 2 5 ,4 0 6 3 ,1 6 4 ,6 9 7 3,0 4 2,45 6 some floating debts, and for this purpose such issues
The first of these groups is composed entirely of prod are very useful. The Tate of interest may seem high—
ucts of the farm, and the aggregate of the items taken, both the Union Pacific and the Northern Pacific notes
it will be seen, though somewhat larger for the late bear 6 per cent interest— and the bonds may have to
year than for either of the two years preceding, was not be sold at a discount, but yet the terms are more favor
quite up to that for 1889-90. On the other hand, the able than those upon which floating debts are carried,
second group of items, which represents classes of for in those instances the interest is no lower, as a rule,
freight that grow with the expansion in population while the debt can usually be renewed only upon
annual commission,
and in mercantile and manufacturing activity, shows the payment of a large
not only an uninterrupted but a very marked increase thus making the yearly cost high. The term of the
for the four years, the aggregate for 1892-93 at 4,272,- notes is made short because the intention is to dispose
815 tons comparing with only 3,042,456 tons for 1889- of the collateral pledged for the same, and with the
90. It is further worth noting, as indicating how great proceeds to retire the notes before maturity. In times
has been the change in these four years, that the first of financial depression, however, such as we have been
item alone in the second group—namely, coal and coke experiencing the last year or two, it is possible
—now represents a larger tonnage than the aggregate that the term may not be long enough to accomplish
of wheat, corn, oats, cattle and hogs combined. Of this end. Thus the Union Pacific notes were for only
course, indirectly, good or bad crops have an effect even three years, and fall due August, 1894— that is in only a
on the second group of items in stimulating or checking little over a year from the present time. Since they
general development, and hence it cannot by any means were issued in 1891 the financial situation has been
be claimed that the road is becoming independent of the growing worse instead of better. However, a consider
crop situation. And yet it is a fact of much moment able portion of the notes has already been canceled
that the importance of the tonnage of farm products through the sale of some of the collateral, and doubtless
has been so greatly diminished under the growth in a good part of the remainder can be provided for before
other items of freight.
the date of maturity. Much the wiser course, how
In the passenger traffic development has been no ever, we should think, is to give the notes a somewhat
less striking.
We called attention a year ago to the longer lease of life, so as to cover all the various con
very decided growth in that branch of the business tingencies that may interfere with the speedy retire
which had taken place during 1891-92, $453,867 of ment of the notes. This the Northern Pacific man
the $1,216,442 increase in gross earnings for that year agers have done, making the term five years instead of
having come from passenger receipts and the number three.
of passengers having increased 646,137, or 13-44 per
Much the most important provision in the Northern
cent. We also showed that the gain had been chiefly Pacific trust deed is that binding the company not to
in the local travel. The same characteristics, only more undertake any further new construction work. There
pronounced, are again noted in the present report. have been one or two instances in the past where mort
For after the heavy increase in 1891-92 there was dur- gage deeds have given bondholders, or trustees, power
ng the late year a further increase in the passenger or control over the building of new road, but in this
earnings of $626,384 (making considerably over a instance the prohibition is broad and sweeping. Under
million dollars for the two years), with a further in it the company agrees that until all the notes are fully
crease also in the number of passengers carried of paid it will not without first having obtained the con
571,248, or 10J per cent.
Moreover, more than the sent of the committee of five named in the trust
whole of tfcis increase in the passenger earnings came deed undertake the construction of any new lines
from business originating on the Rock Island system whatever, nor purchase or lease any railroad or
itself, as there was actually a decrease in the earnings navigation lines already in existence. Not only that,

Oroup I.
W h e a t.............................. ........
C o m ............................... ........
O a ts............... ................. ........

1892-3.
Tons.
4 2 7 ,1 2 3
5 1 5 ,6 2 7
2 7 5 ,8 1 7

1891-2.
Tons.
2 9 7 ,2 5 0
5 7 3 ,0 8 4
3 1 0 ,4 3 7

1890-1.
Tons.
1 3 3 ,9 9 7
5 4 3 ,2 1 4
3 2 3 ,00 8

1889-90.
Tons.
109 ,51 2
9 2 3 ,00 5
257 ,29 8

THE CHRONICLED

J une lY, 1893.J

■tout the company agrees under the same limita
tions not to guarantee, endorse or purchase the bonds
or other obligations or stocks of companies own
ing such lines, or to issue its own obligations against
them.
These are stringent provisions which, while
protecting the interests of the noteholders on the one
hand, rigidly define’ the company’s policy on the
other, always supposing that the committee of five do
not give their assent to such construction, or purchase,
or guarantee.
The committee of five is to consist of
Eoswell G Eolston, John A. Stewart, James Stillman,
-.
John D. Prob3t and Fred. T. Gates.
The committee
will have the voting po wer on the stock deposited as
collateral for the notes, and exercise the powers gener
ally conferred by the indenture.
Another quite important provision is that a mini
mum price is fixed for the bond collateral below which
bonds cannot be sold without the consent of the Bailroad Company. The minimum is 90 for the Northern
Pacific consol, fives, 95 for the Chicago & Northern
Pacific bonds and 85 for the Chicago & Calumet bonds.
The two issues first mentioned sell actively on our Stock
Exchange—the present quotation for the Northern
Pacific consols being 63 and for the Chicago &
Northern Pacific 5s 71, and the fact that figures so
much higher than these market quotations have been
fixed will no doubt be a welcome assurance to the
large number of holders of outstanding bonds of the
same issues, while also tending to stiffen the prices of
the bonds, as without such assurance the fear that some
o f the pledged bonds might at any time be sold would un
doubtedly operate as a depressing influence on the quota
tions. As regards the Chicago & Calumet bonds,
none are outstanding, and the company agrees not to
increase the issue of such bonds beyond the $6,000,000
pledged under the trust indenture, except with the con
sent of the committee.

N E T EARNINGS FOR A P R IL .
Our exhibit of earnings for April meets expectations
in showing an improvement in both gross and net.
The improvement is quite moderate to be sure, reach
ing only $1,852,405, or 3-42 per cent, in the gross, and
but $349,281, or 2T1 per cent, in the net, and yet when
we remember that the month contained one less work
ing day than the same month last year—that the cot
ton movement in the South and the grain and pro
visions movement in the West were smaller than in
1892, and that some other drawbacks existed, the show
ing must be regarded as quite satisfactory. Moreover
the result is better than in any of the preceding months
this year. In March there had likewise been a gain in
net, though not so large in amount as at present, but
in January and February there were heavy losses.
The following is a summary of the results both for
April and the four months ending with April. The
change for the better which has occurred is plainly
indicated in the fact that whereas for April there is an
increase in the net, as already stated, of $349,281, or
2T1 per cent, for the four months there is a decrease
in the net of as much as $3,167,586, or 5•00 per cent.
A p ril.
(131 roads.)
1893.

G r o s s e a r n 's
O per. e x p ...
N et earn ’s

1892.

$
50,001,070
39,033,467

$
54,148,005
38,130,343

10,367,003

10,018,322

J a n u a r y 1 to A p r i l 30.
(120 roa d s.)
I n c . o r Dec.

1893.

1892.

00,159,339

attended by a slight loss in net. In April of the pre
vious year the increase of gross was only nominal, though
the gain in net reached over half a million dollars. The
following carries the comparison back for a series of
years—for April and the four months:
G ross E a r n in g s .

F ear and
n u m ber
o f roa d s.

Y ear
G iv en .

A p r il.
1888 ( 82)
1889 ( 97)
1890 (128)
1891 (135)
L892 (127)
1893 (131)

$
37,824,576
42,647,279
51,607,593
52,987,012
56,100,307
50,001,070

J a n . 1 to
A p r i l 30.
1888 ( 74)
1889 ( 95)
1890 (120)
1891 (1 3 3 )
1892 (1 2 7 ;
1893 (130;

130,611,724
102,507,254
194,217,925
205,737,407
223,083,183
317,887,514

03,826,925 -3 ,1 0 7 ,6 8 0

N e t E a rn in g s.

Y ear
I n crea se o r
P reced in ')- D ecrea se.
l
36,191,317
41,280,809
45,151,175
52,901,030
53,381,313
54,148,605

Y ear
G iv e n .

Y ear
P r e c e d ’ g.

I n crea se o r
D ec r e a s e .

1
4-1,630,258
4-1,300.410
4-0.510,418
4-86,000
4-3,025.054
4-1,852,405,

t
11,480,538
12,810,842
15,105.728
15,906,240
15,999,078
16,307,003

*
11,802,974
11,873,085
13,150.844
15,381,672
10,013,951
10,018,322

i
—322,460
4-942,06*
4-1,918.884
4-524,674
-1 4 ,8 7 3
4-349,231

127,538,951 4-3,072,773,
153,300,397 4-9,203,857!
175,003,501 4-19.214,424
193,551,234 4-8,200,238
200,978,359 4-16,704,824
213,901,004 4-3.925,910.

37,314,344
47,973,488
55,878,208
59,753,935
03,44 L,438
00,159,339

42,429,299
41,304,046
50.150,460
50,8.»9,023
59,520,979
03,320,925

-5 ,1 1 4 ,9 5 5
4-0.003,840
4-5,727,743
4-2.864,312
4*3.920,469
—3,107.586

When we come to examine the returns of the separate
roads, we find more or less irregularity in the results,
with quite a considerable body of losses as well as a
considerable body of gains. In the net there are fewer
large changes than is usually the case. The Pennsyl
vania system reports the heaviest amount of increase of
any, namely $247,641, made up of an increase of $289,652 on the Western lines and a decrease of $42,011 on
the Eastern lines. Next after the Pennsylvania comes
the Illinois Central with a gain of $130,688, but there
are no other gains amounting to a hundred thousand
dollars; in the gross, however, there are ten or a dozen
roads that have that amount of increase, indicating that
heavy expenses still to some extent form a feature of the
returns. The Chesapeake & Ohio has $89,188 increase
in net, the St. Paul $85,264, the Mexican Central $80,610, the Chicago Burlington & Northern $64,608, the
Norfolk & Western $60,660, the Ohio & Mississippi
$41,400 and the Burlington & Quincy $40,703.
The largest loss in net for the month is that of the
Grand Trunk of Canada roads, and reaches $147,890.
The Union Pacific has $99,424 decrease, the Baltimore
& Ohio $83,786 decrease, the Eria $57,886, the Wabash
$54,541, the Southern Pacific $40,440, the Canadian
Pacific $37,418, and the Minneapolis St. Paul & Sault
Ste. Marie $33,786.
The following gives all the prin
cipal losses and gains, both in gross and net.
P R IN C IP A L CH ANG ES IN G R O S S EA R N IN G S F O R A P H I L .
In crea ses.

P e n n sy lv a n ia ! (5 road s)
A tch iso n T op . & Santa
F e System (2 r o a d s ) ..
Chic. B u rl. & Q u in c y ...
Chic. Mil. & St. P a u l .. .
S ou th ern P a c (6 roa d s).
N orfolk & W e ste rn ........
P h ila . & R e a d iu g ...........
Illin o is C e n tra l...............
C hesapeake & O h io .......
C hic. B url. & N orth ern .
C entral o f N ew J e r s e y .
M ex ica n C en tra l.............
L o u is v ille & N a sh v ille .
Buff. R o ch & P itts ........
F lin t & P ere M arquette
W est. N . Y . & P e u n ... .

In crea ses.

$ 3 3 0 ,2 5 1
2 3 3 ,2 8 8
2 3 2 .7 7 0
2 16 .04 1
1 4 7 ,5 8 4
1 3 9 ,37 2
1 3 8 ,5 3 4
1 3 2 ,6 9 0
1 2 6 ,92 7
101 ,39 5
6 7 ,8 3 0
6 5 ,4 3 0
4 9 ,4 7 6
36,1 92
3 3 ,2 0 3
3 2 ,2 4 9

M e x ica n N a t i o n a l ........

$ 3 1 ,7 1 4

T o ta l (re p re se n tin g
2 8 r o a d s )................. $2,120,54.0
D ecrea ses.

G ran d T ru n k o f C anada
(3 r o a d s )......... ..............
N. Y . L . E rie & W estern.
C an adian P a c ific ...........
U n ion P a cific (9 roa d s)
W a b a s h ..............................
L a k e E rie & W e s te rn ...
B altim ore & O hio (2 rd s)

$ 1 6 4 ,9 2 0
1 1 7 ,1 7 0
7 2 ,1 0 3
6 3 .4 2 7
5 9,7 56
32,6 81
3 2 ,0 8 1

T o ta l (re p re se n tin g
1 8 ro a d s )................. $ 5 4 2 ,1 3 8

t r h e gro ss on E a s te rn lin es in cre a s e d $ 1 4 8 ,7 6 2 an d o n W estern lin es
in c r e a s e d $ 18 1 ,4 8 9 .
P R IN C IP A L CHANGES IN N E T

In c re a se *.
P en n sv lv a n iat (5 roa d s)
111iuois C e n tra l...............
C hesap eake < O h io .......
fc
C hic. Mil. & St. P a u l ....
M e x ica n C en tra l.............
C hic. B u rl. & N o rth e rn .
N o rfo lk & W e ste rn ........
O hio & M ississip p i........
,
C hic. B url. & Q u in c y ...

EARNING S IN A P R I L .
D ecreases.

$ 24 7 ,6 4 1
1 3 0 .6 8 8
89,1 88
85,2 64
80,6 10
6 4 ,6 0 8
6 0 ,6 6 0
4 1 ,4 0 0
4 0 ,7 0 3

I n c o rD . c.

$
*
*
1
4-1,852,405 217,887,514 213,901,004 4-3,925,910
4-1,503,124 157,728,175 150,634,079 4-7,093,490
4-349,281

995

T o ta l (rep resen tin g 13
r o a d s ).......................... $ 8 4 0 ,7 6 2

G ran d T ru n k o f C anada
(3 r o a d s )........................
1 4 7 ,8 9 0
U n io n P a cific (9 r o a d s ).
9 9 ,4 2 4
B a ltim ore & O h io(2 rds)
8 3 ,7 8 6
N ew Y o r k L a k e E rie &
W e ste rn ..............................
5 7 ,8 8 6
W a b a sh ...................................
5 4 ,5 4 1
S ou th ern P a o. (6 roa d s)
4 0 .4 4 0
C an adian P a c ific ...........
3 7 ,4 1 8
M inn. St. P a u l & S. S. M.
3 3.7 86
T o ta l (rep resen tin g 2 4
r o a d s ) ..........................

$ 5 5 5 ,1 7 1

IThe n et d e cre a se d $ 4 2 ,0 1 1 o n E astern lin e s a n d in cre a s e d $ 2 8 9 ,6 5 2
o n W estern lines.

In April last year the showing was rather indifferent,
Arranging the roads in groups, there are just two
an increase of over three million dollars in gross being that show losses in net—the Trunk Line group and the
I

THE CHRONICLE.

996

Pacific. The trunk lines really make the poorest ex
hibit of any, as with the exception of the Pennsyl
vania, the Baltimore & Ohio Southwestern and
the Ohio & Mississippi, they all show diminished
net. In the case of the Pacific roads all the principal
systems have fallen behind, namely the Union Pacific,
the Canadian Pacific and the Southern Pacific. The
loss on the Southern Pacific follows entirely from
augmented expenses, as the gross earnings have in
creased.
Se c t io n o r
G RO U P .

N e t E a r n in g s .

G ross E a rn in g s.
1892.

1893.

1892.

1893.

I n c . o r D ec .

A p ril.
T r u n k lin es..(1 5 ;
A n t h r a . c o a l ( 0)
E a s t. & M id . (15)
M id . W e s t 'n .(2 2 )
N o r t h w e s t ’ n (11)
S o u t h w e s t ’n j 9)
P a c i f ic C o a st (19)
S o u t h e r n . . . . (32)
M e x i c a n ........ (2)

?
19,079,531
3,636,111
2,000,507
3,131,301
6,998,119
5,019,755
9,251,507
5,165,116
1,089,090

$
19,050,232
3,109,611
1,666,859
3,212,507
6,150,71U
4,770,106
9,225,052
5,135,609
991,916

*
5,493,497
1,219,777
646,886
1,007,216
1,810,135
1,170,862
2,787,357
1,151,703
120,138

t
5,567,708
1,229,141
606,705
912,976
1,722,985
1,426,586
2,946,100
1,28S.511
317,276

i
—74,211
+ 2 0 ,3 3 6
4 1 0 ,1 8 1
+ 9 1 ,2 7 2
+ 1 1 7 ,1 5 0
+ 1 1 ,2 7 1
—158,743
+ 1 6 3 ,1 6 2
+ 1 0 2 ,8 8 0

P . C.

T o t . . (131) r’ ds
J a n . 1 to A p r . 30.
T r u n k lin es..(1 5 )
A n t h r a . c o a l ( 6)
E a s t. & M id..(15)
M id . -W est’ n.(22)
N o r t h w e s t ’n (10)
S o u t h w e s t ’ n( 9)
P a c if ic C o a s t (19)
S o u t h e r n . . . . (28)
M e x i c a n ......... (2)

50,001,070

54,148,665

16,367,603

16,018,322

+ 319,281

2-11

73,197,666
13,979,657
7,366,381
13,636,521
27,717,118
20,351,561
35,395,581
21,761,972
1,177,728

71,306,235
13,601,261
6,988,121
13,251,863
27,233,022
18,798,912
35,168,173
20,172,916
3,810,768

17,813,271
1,388,992
1,954,616
3,988,281
7,838,789
5,633,883
30,115,822
6,652,936
1,442,719

20,451,718
5,131,(>59
1,989,271
1,008,996
8,635,426
5,211,189
10,809,784
5,930,237
1,158,643

—2,608,147
742,667
—31,655
—20,717
-7 9 6 .6 3 7
+ 1 2 2 ,6 9 1
— 393,962
+ 7 2 2 ,6 9 9
+ 2 8 1 ,1 0 6

12-75
11-17

T o t . . (126 r ’ d s) 217,887,511 213,961,604

60,159,339

63,326,925

— 3,167,586

5*00

N

ote

.— i n

cluded

u nder

the

h ead

of

M id dle W e s t .— (C o n e 7
d)
B. & O., East of Ohio.
I ll i n o i s C e n tr a l.
B. & O.. W est of Ohio.
I n d ia n a p . D e c . & W .
B . & 0 . Southwestern.
I r o n R a ilw a y .
Clev. Cin. Chic. & St. L. K a n a w h a & M ic h ig a n .
Peo. & Eastern Div.
L a k e E r ie & W e s t .
Grand Trunk o f Canada. L a k e E . A l l ia n c e & S o.
Chic. & G<l. Trunk.
L o u is v . N . A . & C h ic .
Detroit Gr. Hav. & Mil M a n is t iq u e .
N . Y. Lake Erie & W est’nF it t s . M . & Oh.
Ohio & Mississippi.
Sag . T u s . & H u r .
Pennsylv, East o f P. & E. S a g V a lle y & S t. L o u is .
W est of Pjtts. & Erie. T o l e d o & O h io C e n tr a l.
Grand Ran. & lnd. sjs. T o i . P e o r i a & W .
A n th r a c ite Coal.

Central of New Jersey.
N . Y. Ontario & West.
N. Y . Sus. & W est.
Phila. & Reading.
Summit Branch.
Lykens Valley.
E a s te r n a n d M id d le.

Adirondack.

A l l e g h e n y V a lle y .
Bath & Bammocdsp.

Brooklyn Elevated.
Buff. Roch. & Pitts.
Camden & Atlantic.
Chatauqua Lake.
H oos. Tun. & W ilm .
Northern Central.
Staten Island R. T.
8tony Clove & C. Mt.
Ulster & Delaware.
,
W est Jersey.
W e s t e r n M d.

W estern N. Y. & PenD.
M id d le W e s t e r n .

CMc. J. R & Un.Stk.Yds.
Chic. & W est Mich.
Cin. Jack. & Mack.
Cin. Ports. & Virginia.
Cleveland Akron & Col.
Col. Shaw. & H .
Det. Bay City a Alpena.
D et. Laos. & Nor.
Flint & Pere Marq.

roc
-50
922
811
3-61
12-28
2452

—

T r u n k L in e s .

Pittsb. Youn*s. & Ash.
Wabash.

1-33
1*65
6-62
10-32
6 ’ 85
3-10
5 ’ 38
1266
3212

N o r th w e s te r n .
B u r l. C e d a r R a p . & N o r .
C h ic . B u r l. & N o r t h .
C h ic. B u r l. «S Q u in c y .
C h ic. M il. & St. P a u l.
I o w a C e n tr a l
M ilw a u k e e & N o r t h e r n .
M in n . & S t. L o u is .
M in n . S t. P a u l & S. S. M .
Q u in c y O m a h a Sc K . C.
S t. P a u l & D u lu th .
S i o u x C ity & N or.*
S o u th w estern .
A t c b . T o p . & S a n ta F e .
S t. L o u is & S an F ra n .
C u rren t R iv e r .
D e n v e r & I t io G r.
K a n . C ity C lin . & S p r in g
K a n . C . F t . S. & M ein .
S 'lv e r t o n .
R io G ra n d e S ou th ern .
T e x . S a b . V a l. < N .W .
&
P a c ific Coast.
C a n a d ia n P a c ific .
O regon Im D rov em en t Co
R io G r a n d e W e s t e r n .
S an . F ra n . & N o r t h . P a c .
S o. P a c ific .—
G a l. H a r . & S. A .
L o u is . W e s t e r n .
M o r g a n ’s L a . < T .
!fc
N. Y. T e x . & M ex.
T e x a s & N ew O rle a n s .
P a c ific S y s te m .

P a c ific C oa st.— (C on cl'd .)
U n io n P a c i f i c O re . S h. L . & U t a h N o r .
O r e g o n R y . & N a v . Co.
U n io n P a c . D e n . & G u lf.
S t. J o s e p h & G ra n d Lsl.
A l l o t h e r lin e s U . P . sys.
C e n tr a l B r a n c h U. P .
M o n t a n a U n io n .
L e a v . T . & S. W .
M an. A l. & B.
S o u th e r n R oa d s.
B ir . & A t l a n t i c .
B ir . S h e ll. & T e n n . R iv .
C a r o lin a M id la n d .
C h a r . C in . & C h ic .
O h e ra w & D a r lin g t o n .
C h e s a p e a k e & O h io .
C h e s . O h io & S o u t h w e s t .
C in . N . O . & T e x . P a c .
A la b a m a G ’ t S o u t h e r n .
N e w O r. & N . E.*
A la . & V ic k s b u r g .*
V i c k b . S h . & P<tc.*
G e o r g ia R a ilr o a d .
G a . S o u t h e r n & F la .
G u lf & C h ic a g o .
K a n . C ity M e m . & B ir.
L o u is v i ll e & N a s h v ille .
L o u is . S t. L o u is & T e x .
M acon
B ir m in g h a m .
N a s h . C h a t. & S t. L o u is .
N e w O r le a n s & S o.
N o r fo lk & S u ih e rn .
N o rfo lk & W estern ,
i O h io R i v e r .
P e i e r s Dura.
'R i c h . F r e d . & P o t .
R ic h . & P e t e r s b u r g .
S a n d e r s v ille & T e n n ille .
S a v . A m . & M o n t.*
S o u th B ou u d .
S o u t h C a ro lin a .
W e s t V a . C. & P .
M e x ic a n R oa d s.
M e x i c a n C e n tr a l.
M e x i c a n N a t io n a l.

* For the month only.

The Southern group, both in amount and ratio, has ;
larger gain than any other, if we leave out the Mexica:
group composed of only two roads ; but this is some
what misleading as an indication of the general chai
acter of the returns of Southern roads ; 18 out of 3
roads have suffered a decrease in net, and the gain i
the aggregate follows mainly because of the large it
crease on the Chesapeake & Ohio and the Norfork i
Western. The Anthracite Coal group shows only
trifling improvement in the aggregate, but there is onl
one road that falls behind.
In the Northwester
group the large systems like the St. Paul and the Bui
lington & Quincy have gains in net, while on the othe
hand some of the smaller systems, including the Bui
lington C^dar Rapids & Northern, the Milwaukee i
Northern and the , f Soo” have quite considerabl
itSf,~M thereVa1thwestern group the chaD§es ai

[VOL. LVI.

comparatively slight. In the Middle Western groupthere would be a los3 in net except for the very heavy
increase on the Illinois Central. Most of the roads in
that section have sustained losses.

THE JOURNAL OF COMMERCE AND COMMERCIAL
BULLETIN.
With the close of last week “ The New York Journal of
Commerce” ceased to exist as an independent newspaper, and
its affairs ax-e now mei-ged in those of “ The Daily Commercial
Bulletin,” which letter on Monday began the publication of a
new consolidated journal under the name of “ The Journal of
Commerce and Commercial Bulletin.” The new paper makes
a very neat appearance and reflects credit on those in control
of its management. The consolidation involves the retire
ment o f Mr. David M. Stone, the veteran editor of the olcL
Journal of Commei-ce, who was so long and so prominently
identified with that paper.
While vei-y naturally one can not avoid a feeling of regret
at the disappearance of such an old landmark of journalism
as the Journal of Commerce, the regret is tempered by the
knowledge that the consolidated paper which takes its place,
will be in the hands of those who have conducted the Bul
letin for so many years with such mai-ked ability and suc
cess, and by the further fact that the new paper is to retain all
the leading features of both of the old journals. If the posi
tion and histoi-y of the Journal of Commerce under Mr.
Stone have been somewhat unique, the record of the Com
mercial Bulletin under Mr. William Dodsworth and his sons
has been in certain respects not less noteworthy. It is no
small achievement to have established a successful daily paper
in New York during the last quarter of a century—especially
a commercial paper, and with such a well equipped rival in
the field as the Journal of Commerce—and it is a still more
notable achievement for the younger publication now to be
able to absorb the older. But such results ai-e the natural fruit
of the policy which has been pursued in the conduct of theBulletiu.
Mr. Stone in his valedictory in the final number of the Jour
nal, issued last Satux-day, stated what his l-eaders will confirm,
that all his editorial utterances had been pure and sincere, andfree from personal feeling, saying:
It is a comfort t® me in the retrospect that since I began this
ministry I have not written a line that could bring a blush to
any honest cheek, or which I now wish to recall as untruthful
or insincere. I have had no pei-sonal quarrels with any, and
have never printed an unkind word of others whether in or out
of the same profession. The tone'and spirit and effect of my
life-work I commit to the candid judgment of the many who
have listened to me.
Well may Mr. Stone view his life-work with satisfaction;,
aud it must be no less pleasing to him to think that evex-y word
of what he says of himself and the Journal applies with equal
truth to Mr. Dodsworth and the Bulletin. W e have watched
the career of the Bulletin with very close interest, as it had itsmodest beginnings in our office, and we have been pleased to
see it develop into a great and influential journal in the mer
cantile and financial world, Under the consolidation a stillwider field o f usefulness will be open to it. The scope and
purpose of the consolidated journal are well indicated in the
following extract from the editorial announcement regarding
the change, given in the first number of the new paper.
With the resources of these two journals united, and a
large superfluous duplication of working expenditures saved,
the problem of creating an ideally perfect commercial jour
nal is brought under easy solution. The consolidation yields
a lai-ge gain in the variety of news contents, a fuller editor
ial treatment of public questions, and an increase of onehalf upon the size of either of the mei-ged journals. In
brief, it may be reasonably claimed that the metropolis and
the nation will henceforth be represented by a commercial
and financial organ which for breadth and thoroughness will
stand unchallenged by any daily newspaper of its class in
the world.
A very high standard of excellence is here set up, but one
entirely in keeping with the past character and reputation
of the Bulletin. W e think every one who desires to seeability and conscientious endeavor receive their proper
rewards, will join with us in wishing the new journal every
measure of success.

J une 17,1893.]

THE CHRONICLE.

997

covered by the account there has been almost persistent selling,
and the liquidation had consequently proceeded so far that
but little money was wanted.
The ease with which the arrangements were made was due
mainly to the revival of confidence. Although the crisis iu
Sydney and Melbourne is not yet over, and indeed fears are
entertained of more trouble, pir icularly in Sydney, it is yet
believed by those in the best pos. tion to judge that the acute
stage is nearly at an end. The strong banks still standing, it
will be recollected, lately sent out a large amount of gold,
and at the beginning of the week they were considering
whether it would not b3 well to stop the gold on the way, as
it then seemed as if the need for it was past. But they have
decided not to do so. The gold is dispatched directly to Mel
bourne, but it is thought probable that a considerable part of
it may have to be sent to Sydney. Meantime the opinion is
growing here that the commercial difficulties apprehended
will prove to be much less serious than at one time was
thought probable. Every one concerned will show all the
forbearance possible, and though several houses may have to
make arrangements, it is thought that no great failure will
occur.
At the same time the large receipts of gold by the Bank of
Stock Exchange Clearing -H ouse Transactions.—The England have in a great measure dissipated distrust. It is
subjoined statement includes the transactions of the Stock now believed that whatever may happen the Bank is strong
Exchange Clearing-House from June 5 down to and includ enough to meet all contingencies. During the fortnight
ing Friday, June 16; also the aggregates for June to Decem
ber, 1893, and January to May, 1S93, inclusive. The figures ended Wednesday night it received in round figures
for the portion of May, 1893, during which the Clearing- millions sterling net. The greater part came from New York,
House was in operation are dropped from the statement.
but a considerable amount also has been received from the
ST O C K E X C H A N G E C L E A R IN G H OU SE TRAN SACTIO NS.
Continent, particularly from Holland. A good deal more is
« Shares, both sid es.— « /-------- B a la n ces, on e sid e.------- . Sheets
—
on the way, and it is reported that arrangements are being
C leared. Total Value.
Shares. V a lu e Shares. Cash. C lea r'd .
M onth
made in New Zealand to dispatch a considerable amount.
$
$
ly .
The stock of gold held by the Bank now somewhat exceeds
J u n e .......... 16.684.000 1,041,048,200
1,598.750
94,566,700 1,433,971
5.8S5
J u l y ...........
9 ^ 0 7 ,8 0 0
699,313,200
1,120,100
74,186,100
974,700
6,886
2G millions sterling, and the reserve is considerably over 15]<
A u g u s t .. .. 13.998.480
977,583,000
1,657,400
107,386,900 1,301,600
6,183
B e p t ............ 1S.857.800 1,268.000,000
128,663.500 1,697.506
2.055.800
6,252
millions sterling. The directors of the Bank of England,
O c t o b e r . . 20,726.300 1.358.733.000
2.325.800
148.622.000 1.761,400
5.862
N o r e m b Y . 16,519,200 1.113.800.000
1,831,500
128.975.000 1,417,800
5,796
however, have made no change in their rate this week, but
U e c e m b Y . 25.221.100 1,758,000,000
2.687.300
6,603
192.500.000 2,317,400
1893.
iu the outside market quotations have dropped rapidly. The
J a n u a r y .. 28,5*4.500 2,034.700,000
3,000.000
6.839
210.700.000 3,300,500
F e b r u a r y . 25,108,900 1,744,400 000
2,587,900
172.701.000 3,529,000
6,151
rate of discount is little better than 2 }4 percent, and short
M a r c h . . . . 24.591.100 1,690,000.000
7.OR0
2.703.800
167.900.000 3,784,100
A p r i l ......... 20.802.500 1.421.-0 0,0 00
2.311.300
6.005
153.300.000 2,331.000
loans can be obtained in almost any amount at about 2 per
M a y ........... 28.209.500 1,738,900.1100
2,8r 9,500
161.110.000 4,870,100
7,200
cent. The opinion is growing that next week the Bank rate
T o t .y e a r 249,169,680 16,876,780,400
26,749,150 1,740,611,200 28,719,077
75,742
will be lowered. Already the bill brokers and discount houses
,— Shares, both sid es.— * r
--------B a lan ces, on e sid e.---------■ Sheets
Cleared. Total Value.
Shares. V a lu e Shares. Cash. C lear'd. have put down the rates they allow on deposits to 2 % per
$
S
$
J u n o 5 . .1 ,2 0 8 ,3 0 0 7 2 ,6 0 0 ,0 0 0
9 7 ,2 0 0
9 0 ,5 0 0
319 cent for money at call and 2'-/[ per cent for money at notice.
5 ,2 0 0 ,0 0 0
“
6 . . 6 0 8 ,8 0 0 3 7 ,5 0 0 ,0 0 0
5 9 ,5 0 0
3 .4 0 0 ,0 0 0
o s . hoo
292
Lord Herschell’s Committee has at length agreed upon a
3 ,7 0 0 .0 0 0
“
7 . . 7 8 0 ,1 0 0 5 7 ,6 0 0 ,0 0 0
6 9 ,5 0 0
29 1
5 3 ,5 0 0
6 9 ,9 0 0
3 ,3 0 0 ,0 0 0
7 5 ,4 0 0
“
8 . . 6 8 6 ,4 0 0 3G,S0O,00O
287 report, which was.signed by all the members, it is said, upon
f
9 . . 6 7 1 ,6 0 0 3 9 ,4 0 0 ,0 0 0
7 0 ,2 0 0
3 ,8 0 0 ,0 0 0
285
4 7 ,0 0 0
Wednesday. Its purport has not yet been made known, and
T ot- wfe. .3 .9 5 5 ,2 0 0 2 4 3 .9 0 0 ,0 0 0
3 6 6 ,3 0 0 1 9 ,4 0 0 ,0 0 0 3 2 3 ,3 0 0 1 .4 6 4 the Chancellor of the Exchequer stated in the House of Com
W k la sty i'1 ,0 2 3 ,0 0 0 2 3 5 ,1 0 0 ,0 0 0
3 4 7 ,1 0 0 1 8 ,4 9 8 ,9 0 0 3 0 3 ,5 0 0 1 ,3 1 9
mons on Thursday that it would not be announced until it had
J u n e l 2 . .1 ,1 2 6 ,6 0 0 6 9 ,6 0 0 ,0 0 0
1 1 0 ,4 0 0
6 ,2 0 0 ,0 0 0 2 3 6 ,3 0 0
327
300 been communicated to the Indian Government. The report is
“ 1 3 . . 7 5 0 ,1 0 0 4 6 ,5 0 0 ,0 0 0
7 6 ,1 0 0
4 ,2 0 0 ,0 0 0 7 4 ,9 0 0
“ 1 4. . 5 7 0 ,8 0 0 3 1 ,9 0 0 ,0 0 0
5 5 ,0 0 0
2 .7 0 0 ,0 0 0
5 5 ,8 0 0
285
“ 1 5. . 7 3 5 ,2 0 0 3 7 ,4 0 0 ,0 0 0
7 8 ,8 0 0
3 ,9 0 0 ,0 0 0
5 5 ,3 0 0
280 said to be accompanied by very voluminous documents, and
5 9 ,2 0 0
“ 1 6 . . 7 5 8 ,3 0 0 4 0 ,0 0 0 ,0 0 0
8 2 ,3 0 0
4 ,3 0 0 ,0 0 0
301 it is thought probable that at least a fortnight will pass
T o t. w lr. 3 ,9 4 1 ,0 0 0 !2 25 ,4 0 0 ,0 0 0
4 0 2 ,6 0 0 2 1 ,3 0 0 ,0 0 0 4 8 1 ,5 0 0 1 .4 9 6 before it can be fully considered by the Cabinet. The gen
5 0 8 ,4 5 0 3 0 ,2 9 6 ,4 0 0 5 1 0 ,7 0 0 3,499
W k la s ty r o ,3 2 5 ,8 0 0 !3 33 ,3 3 0 ,0 0 0
eral impression is that no drastic measure is recommended.
The stocks cleared now are American Cotton Oil common, If the rumors circulating in the city and in the lobbies
American Sugar common, Atchison, Chicago Burlington &
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com of the House of Commons are to be trusted, it comes simply
mon, Chicago Rock Island & Pacific, Delaware Lackawanna to this: that concessions are to be made to the civil and mil
& Western, Distilling & Cattle Feeding, General Electric, itarv servants of the Indian Government, and that either a
Louisville & Nashville, Manhattan, Missouri Pacific, Na
tional Cordage common, New York & New England, New duty upon silver imported into India or a seignorage on
York Lake Erie & Western, Northern Pacific preferred, the coinage of the metal is to be imposed. The announcement
National Lead common Philadelphia & Reading, Union that a unanimous report has been signed has caused a
Pacific and Western Union.
rise of about
in rupee paper. The buying is almost en
tirely upon Indian account, and is said to be purely specula
^Honctarylffiom m crctal guglislx H«urg tive. The silver market has been very little affected. Early
in the week the price fell to 37 11-lGd. per ounce, and since
[F r o m o u r o w n c o r r e s p o n d e n t.]
then has recovered to 37 13-lGd. per ounce, with exceedingly
L ondon, Saturday, June 3. 1893.
little business. The Indian exchanges have also not been
The fortnightly settlement on the Stock Exchange this much influenced, though there has been some slight improve
week, which had been looked forward to with great appre ment, nor has the demand for India Council drafts very much
hension, has passed over more smoothly than was anticipated. increased. On Wednesday 60 lakhs of rupees were offered
Up to the present time five failures have been announced, and for tender and only about 18k£ lakh3 bought: on Thursday
there are fears that a few more may occur, while it is known about 17 lakhs were bought by special contract; and yester
that some members who have not defaulted have yet had to day a further amount of 25 lakhs, making together 60t£
ask consideration from their creditors. On the provincial lakhs. As the active export season in India is now drawing
stock exchanges there were also some embarrassments, to a close, the money market is becoming somewhat easier,
especially in Liverpool, but upon the whole the settlement has and on Thursday the Bank of Bengal lowered its rate of dis
been arranged with wonderfully little difficulty, considering count from 7 per cent to 6 per cent. The Bombay rate re
all the circumstances. The banks lent very freely at from IV.j mains at 8 per cent, but is expected every day to be reduced.
to 5 per cent. Within the Stock Exchange rates opened stiff,
Business on the Stock Exchange is still very restricted. The
but they quickly declined, and before Monday evening —the liquidation is not yet at an end, and while it continues un
first day of the settlement—they had fallen very considerably ; easiness will not disappear. Besides, so many firms have
in some cases, indeed, stock was scarce. During the 19 days 1 been shaken by the events of the past month that there is
C L E A R IN G H O U S E L O A N C E R T IF IC A T E S .

At a meeting of the Clearing-House Association on Thurs
day the following resolution authorizing the issue of ClearingHouse loan certificates was unanimously adopted :
Resolved, That a committee of five be appointed by the
Chair, with the President, to receive from banks, members of
the Association, bills receivable and other securities, to be ap
proved by said committee, who shall be authorized to issue
therefor, to such depositing banks, loan certificates bearing
interest at 0 per cent ppr annum ; and such loan certificates
shall not be in excess of 75 per cent of the market value of the
securities or bills receivable so deposited, and such certifi
cates shall be received and paid in settlement of balances at
the Clearing-House, and all the rules and regulations hereto
fore adopted in the issue of such certificates shill be in force
in the present issue.
The Committee of Five appointed in accordance with this
resolution consists of the following bank presidents : F. D.
Tappen of the Gallatin National Bank, Chairnnn; E H. Per
kins of the Importers’ & Traders’ National Bank, J. Edward
Simmons of the Fourth National Bank, Henry W . Cannon of
the Chase National Bank, W . A. Nash of the Corn Exchange
Bank and G. G. Williams of the Chemical National Bank,
ex-officio.

THE CHRONICLE.

998

hardly likely to be any great increase of activity for some
time to come. Yet there is undoubtedly a very much better
feeling. A recovery in the American market is anticipated,
hut the initiative will not be taken here. If New York shows
confidence, London will probably support the movement;
Otherwise it will do nothing. There is a vague impression
here that the reconstruction of the Philadelphia & Reading
Company on the present plan will not be successful; and the
telegrams from New York day after day announcing
fears of trouble in various directions deter operators. In
most other departments there has been a considerable recovery
from the very low prices of last week. Even Greeks rose
sharply early in the week, but have again given way, as it is
feared the Government will not be able to pay the July
coupon ; indeed, it is reported that the funding of the inter
est for three or five years, after the example of the Argentine
scheme, is under consideration. There has been some rise in
Argentine stocks, but Brazilians are depressed as the ex
change is unusually low, and there are rumors of serious
political difficulties. Australian Government bonds are now
almost as high as they were before the recent scare, and there
has likewise been some recovery in the prices of bank shares.
But all these movements are the result mainly of operations
within the Stock Exchange. The public is not buying either
South American or Continental securities, but is confining its
attention to the best home stocks. Consols are over 99, and
British railway stocks are also exceedingly high and in very
strong demand; some of them, indeed, at the settlement this
week were found to be scarce.
The following return shows the position of the Bank cf
England, the Bank rate of discount, the price of consols, &c.,
aompared with the last three years:
1893.
1892.
1891.
1890.
May 31.
June 1.
June 3.
June 1.
£
£
£
£
Circulation .................................... 26,901,130 26,235,155
25,021,000 21,853.110
Public deposits............................
7,198,581
6,162,719
6,231,607
5,531,992
Other deposits............................... 30,312,685 29,607,103
33,331,799 25,110,312
Governm ent securities.............. 11,208,101 11,255,920
9,911,805 15,505.577
Other securities............................ 28,170,971 26,523,307
29,912,201 19,871,872
R eserve........................................... 15,617,318 16,125,611
17,660,596 13,187.335
Gold and bullion............................ 26,101,718 25,910,786
26,231,596 21,590,775
Prop, assets to liabilities, per ct.
4W4
l i jg
1156
4256
Bank rate........ ............. percent.
4
2
4 (June 4)
8
Consols 2M per cent....................
99 5-16
97 1-16I d 94 13-16x d 97 9-10 x d
Clearing House returns............ 139,787,000 150,205,000 115,138,000 188,618,000

LVo l .

National Banks.—The following national banks have
recently been organized:
4 ,9 1 8 —T h e N a tio n a l B an k o f W estern P e n n sy lv a n ia at P itts b u rg , Pa.
C ap ita l, $ 3 0 0 ,0 0 0 .
J an ies H e m p h ill, P r e s id e n t ; C harles
Mu K n ig h t, C ashier.
4 .9 2 5 — T he 8 u lliv a n C o u n ty N a tion a l B a n k o f L ib e rty , N e w Y o rk .
C ap ita l, $ 5 0 ,0 0 0 . A r n o ld J . D . W e d e m e y e r, P r e s id e n t : V a n
B . P r u y n , C ashier.
4 .9 2 6 — T h e C itizen s’ N a tio n a l B a n k o f F ro s tb u rg , M a ry la n d . C ap ita !,
$ 5 0 ,0 0 0 . D a v is so n A rm stro n g , P r e s id e n t ; ---------.C a s h ie r .

I mports and Exports for the W eek .—The following are
the imports at New York for the week ending for dry goods
June 8 and for the week ending for general merchandise
June 9; also totals since the beginning of the first week in
January,
F O R E IG N IM P O R T S A T N E W Y O R K .

1 890.

F o r W eek.

1 89 1 .

D ry G o o d s ........
Q en ’l m e r’ d ise .

$ 2 ,8 4 4 ,7 2 6
8 ,0 7 0 ,1 8 9

T o t a l ...........
Since J a n . 1.
D ry G o o d s ........
G en ’l m e r’ d ise-

1 89 2 .
$ 1 ,5 9 7 ,5 5 1
1 0 ,0 7 2 ,5 6 7

$ 1 ,5 4 6 ,9 9 1
8 ,6 7 0 ,3 7 9

$ 1 0 ,9 1 4 ,9 1 5

$ 8 ,0 8 1 ,8 0 1

$ 1 1 ,6 7 0 ,1 1 8

$ 1 0 ,2 1 7 ,3 7 0

$ 6 7 ,9 2 2 ,9 2 8
1 6 9 ,2 1 0 ,2 7 3

$ 5 4 ,7 6 8 ,1 0 4
1 8 8 ,4 7 0 ,5 3 9

$ 5 5 ,6 4 1 ,8 2 9
1 9 9 ,7 7 0 ,8 2 1

$ 6 8 ,0 2 8 ,3 4 9
2 2 7 ,7 5 8 ,1 2 5

T o ta l 23 w eeks. $ 23 7 ,1 3 3 ,2 01 $ 24 3 ,2 3 8 ,6 4 3 $ 2 5 5 ,4 1 2 ,6 5 3 $ 2 9 5 ,7 8 6 ,4 7 4

The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending June 13 and from January 1 to date:
EXPORTS FROM N EW Y O R K F O R TH E W E E K .

1890.
F o r th e w e e k ..
P rev. r e p o r te d .

1891.

1 892.

1893.

$ 7 ,6 8 7 ,5 2 9
1 4 5 ,21 S ,9 31

$ 5 ,8 3 7 ,2 4 1
1 4 9 ,1 8 6 ,5 8 6

$ 8 ,6 2 4 ,1 4 1
1 7 4 ,3 8 9 ,6 0 3

$ 6 ,7 7 6 ,8 6 6
1 4 7 ,2 3 4 ,9 1 7

T otal 23 w eeks. $ 1 5 2 ,9 0 6 ,4 6 0 $ 1 5 5 ,0 7 3 ,8 2 7 $ 1 8 3 ,0 1 3 ,7 4 4 $ 1 5 4 ,0 1 1 ,7 8 3

The following table shows the exports and imports of specie
at the port of New York for the week ending June 10 and since
January 1, 1893, and for the corresponding periods in 1892
and 1891:
E X P O R T S AN D IM P O R T S OF SP E C IE A T N E W Y O R K .

E xports.
Gold.
W eek.
G reat B r ita in .............

S ince J a n . 1.

W est I n d ie s .................

im p o r t s .

S outh A m e r ic a ...........
A ll o th e r co u n t r ie s ..
T o ta l 1 8 9 3 ...........
T o ta l 1 8 9 2 ...........
T o t a l 1 8 9 1 ...........

$ 1 ,0 0 5 ,5 0 0 $ 6 8 ,6 4 4 ,6 1 8
1 ,6 5 8 ,9 8 3 2 7 ,1 3 4 ,1 9 2
5 3 8 ,1 7 2 6 0 ,3 2 4 ,2 2 8

1889-90.
3 9.5 7 6 .6 3 3
1 2 .4 52 ,2 9 7
9 ,1 6 1 .3 5 8
1,445.605
2 ,4 6 6 ,6 2 7
2 9 ,9 5 1 ,6 1 8
1 3.2 6 1 .2 7 8

Supplies available for consumption (exclusive of stocks on
September 1):
1 8 9 2 -9 3 .
W h e a t ....................cw t.4 4 ,7 8 1 ,9 9 4
Im p o r ts o f flou r..........1 5 ,7 2 5 ,1 9 3
B ales o f h o m e -g r o w n .2 1 ,4 4 0 ,2 5 8

1 89 1 -9 2.
4 8 ,9 7 7 ,2 9 8
1 5 ,1 3 2 ,0 9 7
2 5 ,4 6 6 ,9 5 1

1 8 9 0 -9 1 .
4 1 ,9 8 3 ,9 3 3
1 2 ,5 2 6 ,2 3 6
3 0 ,1 5 9 ,0 3 1

1889-90.
3 9 .5 76 .6 3 3
1 3.2 6 1 .2 7 8
3 8 ,6 7 1 ,7 0 0

T o t a l...................... 8 1 ,9 4 7 ,4 4 5 8 9,5 7 6 ,3 4 6
1 8 9 2 -9 3 .
1 89 1 -9 2.
A v e r , p r ic e w h eat w eek .2 7 s. 6 d.
31s. 2d.
A v e ra g e p r ic e , s e a s o n ..2 6 s . 8 d .
3 4s. 7 d.

8 4 ,6 6 9 ,2 0 3
1 89 0 -9 1.
4 0s. I d .
34s. Id ,

9 1,5 0 3 ,6 1 1
1889-90
32s. l i d .
30s. 3 d .

1893.

$ 1 ,1 9 2 ,6 5 0
6 ,8 8 9 ,1 4 5

The following shows the imports of cereal produce into the
Doited Kingdom during the first thirty-nine weeks of the
season compared with previous seasons :
189 1 -9 2.
1 8 9 0 -9 1 .
4 8 ,9 7 7 ,2 9 8 4 1 ,9 8 3 ,9 3 3
1 4 ,7 4 0 ,2 6 6 1 4 ,0 2 2 ,1 0 6
1 0,5 1 6 ,8 1 2 1 0 ,9 2 8 ,5 1 7
2 ,2 0 3 ,4 6 0
1 ,5 8 3,55 7
2 ,8 0 8 ,3 9 5
2 ,2 7 1 ,2 7 0
2 1 ,1 1 6 ,3 1 0 2 0 ,8 3 3 ,0 4 0
1 5,1 3 2 ,0 9 7 H 2R 2 6 ,2 3 6
1 ,5 W H

.

fim ra e rc ta l and IfttisczllVLU zoias

$ 1 ,0 0 5 ,5 0 0 $ 1 6 ,6 3 1 ,4 5 7
1 7 ,9 9 0 ,1 0 2
2 5 ,4 5 3 ,1 0 0
6 ,4 2 3 .8 0 1
1 3,4 68
1 ,1 2 2 ,6 7 0
1 ,0 1 0 ,0 2 0

189 2 -9 3
I m p o r ts o fw h e a t.o w t.4 1 ,7 8 1 ,9 9 4
B a r le y ............................ 1 3,4 23 ,6 4 9
O a ts................................ 9 ,8 4 5,21 9
P e a s ................................ 1 ,6 8 5,43 5
B e a n s ............................. 3 ,2 2 6,31 9
In d ia n c o m ................. 2 2 ,8 7 5 ,3 2 7
f l o u r ............................... 1 5 ,7 2 5 ,1 9 3

l v i

E xports.

Im p orts.
W eek.
$ .............

$ 8 6 ,9 0 6
11,4 95
1 5 ,1 1 0

6 ,9 2 6
7 9 ,9 8 0

S ince J a n . 1
$ 2 ,1 2 5
4 ,1 2 9 ,6 0 0
4 78 ,64 0
1 0 0 ,2 4 7
3 3 ,4 7 9
4 1 5 ,5 2 3
4 5 ,0 9 7
$ 5 ,2 0 4 ,7 1 1
6 ,1 3 7 ,8 3 6
1 ,6 6 0 ,1 2 7

Im ports.

S ilver.
Week.
G re a t B rita in .............

Since J a n . 1.

Week.

Since J a n . 1.

$ .............

$ . - w mm
mm«
7 8 7 ,4 4 0

456

S outh A m e r ic a ...........
A ll o th e r co u n t r ie s ..

$ 6 8 0 ,4 0 0 $ 11 ,9 1 3 ,7 8 2
1 3 2 ,1 9 8
1 8 6 ,2 0 0
3 3 8 ,8 1 7
660
.............
3 7,5 33
3 4 ,0 9 4
6,505

6 ,1 0 0
3 ,7 8 5

2 9 ,3 5 3
7 1 9 ,4 1 6
3 6 8 ,8 2 6
7 8 ,1 5 6

T o ta l 1 8 9 3 ...........
T o ta l 1 8 9 2 ...........
T o ta l 1 8 9 1 ...........

$ 6 8 6 ,9 0 5 $ 1 2 ,6 4 3 ,2 8 4
2 9 1 ,1 8 3 1 0 ,5 4 6 ,1 2
6 ,8 3 8 ,8 8 5
6-1,875

$ 1 0 ,3 4 1
4 8 ,5 4 6
2 ,9 0 6

$ 1 ,9 8 3 ,1 9 1
6 4 8 ,4 8 5
7 7 4 ,6 4 5

W est I n d ie s .................

The following shows the quantities of wheat, flour and
Of the above imports for the week in 1S93 §81,000 were
maize afloat to the United Kingdom:
American gold coin and 16,100 American silver coin. Of the
This w eek
L a st w eek.
exports during the same time §1,004,000 were American gold
1 89 2 .
1891.
W h e a t.................... q r s . 3 ,4 6 6 ,0 0 0
2 ,5 7 8 ,0 0 0
2 ,4 0 7 ,0 0 0
2,614,01
coin.
F lo u r, e q u a l t o q r s .
3 2 2 ,0 0 0
3 1 7 ,0 0 0
K a la e ..................... q r s .

5 6 8 .0 0 0

5 1 4 .0 0 0

2 9 3 .0 0 0
3 2 1 .0 0 0

285,01
425,01

K n * l l i h F i n a n c i a l n a r h e t i - P e r C a b le ,

The daily closing quotations for securities, &c„ at Londoi
are reported bv cable as follows for the week ending June

Auction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at
auction.
By Messrs. R. V. Harnett & Go.:

L on d on .

Bat.

M on.

Tuts.

Wed.

Thurs.

F ri.

• ilv e r , p e r o z .................. d 38*4
38%
38*9
38*9
38*9
38*g
0 o n s o ls ,n e w ,2 % p e r ots. 99*16
99
99*i0
99
99*16
99*16
d o f o r a o o o u n t ......... 99 >s
99%
991,8
99*i a 99*16
99*8
Fr*oh ren tes (in P a r is jfr . 98-42*9 98-42*9 98-4 0
98-77*9 98-77*9 97-57*9
V . 8. 4 s o f 1 9 0 7 ...............
C an ad ia n P a ciflo ............. 7919
80
81
813s
81%
80k
Ohio. M il. & 8 t . P a u l___ 71%
72
71
7 0%
7 1%
71k
IlU flola C en tra l................I 94*a
9534
95*4
96
95%
9534
B ak e S h ore....................... !1278a
128*9
127 k
127%
127
127%
L o u is v ille & N a sh v ille .. 68%
69
69
69%
69%
70k
M e x ica n C entral 4 s ........ 61 >9
61%
«2k
62 k
62%
62k
W. Y . C entral & H u d son . 106%
107%
107k
107k
107*8
107k
W . Y . L a k e E rie & W est’n 18%
18%
18*9
18%
18*9
18%
do
2 d e o n s ............. 93%
94k
9434
95%
95%
95%
W orfolk < W estern , p ref. 2314
fe
24
24
25%
2534
2 5%
W o r th e m P a c iflo p r e f... 37
37*4
3 5%
35%
35*9
35k
P e n n sy lv a n ia .................... 51%
52
52%
52*9
5 2%
523g
P h ila d elp h ia & R ea d in g .
8%
8 7g
8k
Sk
8%
3k
O n ion P a clA c.................... 30%
31k
30*4
30k
29%
29 k
W ab a sh p r e f.
........ 17%
18*4
18*4
18k
18
18*9

Shares.
61 F o u r th N at. B a n k ............... 1 9 9 %
B onds.
$ 5 ,0 0 0 I r o n S te a m b o a t C o. 6s,
1 9 0 1 ................................................ 7 4

I
B onds.
I $ 5 ,0 0 0 C ity o f C in cinnati 7310s,
| 1 9 0 2 , J & J ..................................... 124
I
I

By Messrs. Adrian H. Muller & Son :
B onds.
Shares.
8 C lin ton H a il A ss’n . . 4 0 to 46*9 $ 5 ,0 0 0 N. Y . P ro v . & B os. R E .
10 In d e p n . P o w e r C o., p f . . . 2 0
7 s, 1 89 9 , J & J ..........................116
$ 1 0 ,0 0 0 Car. C um b. G ap &
4 0 0 H . H . W a rn e r & C o ., L im 
C hic. R E . 1st 6 s .................... 60
ited , p re f, £ 1 0 e a c h ___ $ 10 0
6 0 B lo o m in g to n M in in g Co.
$ 3 2 ,0 0 0 M o n te re y & M e x ica n
o f P a , $ 5 0 e a c h . .$ 3 4 p e r sh.
G u lf R R . 1st 5 s ..................$ 2 0 ,5 0 0
10 F ifth N a tio n a l B a n k ....... 320
$ 3 8 6 ,9 5 0 p a st d u e co u p o n s o f
2 0 F irs tN a t.B k . J e rs e y C ity .3 02
M on t. & M ex . G u lf. R R . 1st
5 s ......................................... .$ 9 7 ,5 0 0
7 5 E m p ire State B k ___ 1 3 3 8 -1 3 4
5 7 T h it d A v e . R E . C o ............ 185
$ 6 0 ,0 0 0 C ity o f B rid g e p o rt,
6 9 G e o rg ia H R & B a n k in g
J a c k s o n C o., A la ., 6 s, 1917,
C o., A u g u s ta , G a ............ 151*9
J & J .........................................2 5 t o 3 0
3 0 M u tu a l B a n k , N . Y .......... 1 1 0
5 U . 8. M o rtg a g e C o ............. 155*4

THE CHRONICLE.

J une 17, 1898.J

' ■
—

999

"

—

............

—

New York City Bank Statement for the week ending June
The receipts of flour and grain at the seaboard porta for th e
10, 1893, is as follows. We omit two ciphers (00) in all cases. week ended June 10, 1893, follow: |
BANKS.
(00s omitted.)

Capital S u rp lu s
$
2,000,0
2.050.0
2,000,0
2,u00,0
3.000.
1.000.
1,000,0
750.0
300.0
600.0
1,000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5.000.
5.000.
1.000.
1,000,0
422,7
1.500.0
450.0
200.0
700.0
1,000,0
500.0
600.0
500.0
750.0
500.0
500.0
1,000,0
1,000,0
300.0
1.500.0
2,000,0
250.0
3.200.0
2,000,0
300.0
750.0
500.0
1,000,0
300.0
250.0
200.0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
200,0
300.0
200.0
50C,0
200,0
2.100.0
300,0
1,000,0

Bank o f N ew Y ork .
Manhattan Co..........
M erchants’ ...............
M echanics’ ...............
A m erica
P h en ix.......................
C ity
Tradesm en’ s
Chemical
M erchants’ E x cli’ge
Gallatin N ational...
B ntchers’ & D rov’ rs’
Mechanics’ & Trad’ s
Greenwich
Leather Mannfac’ra
Seventh N ational...
State o f N ew Y ork .
A merican E xcli’g e .
Com m erce.................
B roadw ay
M ercantile................
Pacific........................
R epublic....................
Chatham ...................
People’ s.....................
N orth A m erica ........
H anover....................
I rv in g .......................
Citizens’ .....................
Nassau.......................
Market & F u lto n ...
St. N icholas
Shoe
Leather
Corn E xch an ge
C on tin en tal...
Oriental
Im porters’ & Trad’ s
Park
East R iv e r
Fourth N ational
Central N ational.
8econd N ational
Ninth N ational
First N ational
Third N ational
N .Y . Nat. E xchange
B ow ery
N e w p o r t C ou n ty..
Germ an-Am erican.
Chase N ational
Fifth A ven u e
German E xchange..
Germania
United States
Lincoln
Garfield
F ifth N a tio n a l
Bank o f the M etrop
W est Side
Seaboard
Sixth N ational
W estern N ation a l..
F irst N at., B r’ k lyn .
Sou h em National..

............
................
.......
...........
.......

.
..........

.......
....
....
.....
............
...............
........
—
...
_
....
....
....
<
f
e

............

.
....
......
..........
......
.............
............
....
..........
.....
.....

T otal

...........

$
2.097.2
1.869.3
1,013,8
2.126.7
0
2.257.0
470.3
0
2.635.7
205.9
7.221.4
196.0
1.589.3
318.3
441.1
172,C
570.2
121,6
508.2
2.272.0
0
3.664.3
0
1.614.1
0
1.130.4
459.0
943.9
926.7
335.0
638.3
1.895.1
348.8
471.2
298.1
824.5
151.9
277.9
1.283.5
271.4
431.7
5,796,3
3.094.1
144.9
2.022.8
606.1
534.7
348.8
7,230,0
130.2
166.8
546.4
559.6
317.3
1,198,7
984.0
599.2
569.2
543.5
438.6
481.1
318,5
733.2
290.2
234.2
350.0
280.2
842.4
182.0

.

Specie.

$
11,200,0
12.677.0
8.277.4
8.173.0
14.459.1
3.635.0
14.489.5
2.382.5
23.350.0
3.443.0
5.395.7
1.687.6
2.513.0
1.200.5
3,101,9
1.592.2
3.305.2
16.753.0
18.316.1
5.004.6
7.183.8
2.998.0
9.689.8
6.148.8
1.999.7
5.151.6
13,092,4
2.675.0
2.684.3
2.670.4
4.170.1
2.201.1
2.638.0
7.858.2
3.604.8
1.912.1
20.540.0
21,053,7
1.097.7
16.389.6
7.096.0
5.077.0
3.066.3
20,502,3
5.010.8
1.490.2
2.960.0
3.199.1
2.591.7
10.988.0
5.481.7
2.858.1
2.816.4
4.852.8
5.265.8
4.016.9
1,861,0
5,000,9
2.299.0
3.784.0
1.711.0
8,525,6
4,577,8
2.653.5

$
1.770.0
1.342.0
828.3
701.0
1.448.7
476.0
6.043.1
303.4
4.250.0
463.2
744.7
239,9
217.0
132.3
300.6
252.3
57,8
1.015.0
1,525,9
1.016.3
772.8
153.1
1.621.1
828,0
169.1
656.7
3.637.3
371.7
350.2
245.9
471.2
191.3
345.0
1.049.8
983.5
177.6
4.253.0
6.018.5
98,5
3.608.1
913.0
834.0
435.0
1.455.2
1.107.5
90,4
518.0
760.0
311.8
3,229,1
985.7
163.3
332.7
1.339.8
679.8
1.183.5
276.4
855.0
413.0
559.0
276.0
2.172.5
1.160.8
255.5

L oans

Legale. D eposits,
9*40,0
2.480.0
1.322.1
903.0
1.979.0
504.0
1.981.0
301,5
2.097.0
823.2
574.3
301.3
385.0
158.2
242.3
164.1
495.4
1.234.0
1.569.5
476.8
543.0
610.8
1.082.5
698.0
398.4
423.5
1.252.1
333,9
417.8
440.9
309,4
389.2
574.0
837.0
481.9
504.7
3.398.0
2.194.0
242.3
704.0
907.0
724.0
829.0
2.837.1
283.4
226,2
392.0
87,4
365.8
1.062.1
598.2
604.5
354.8
471.5
1,208,3
442.8
292.5
795.9
298.0
617.0
192.0
587.2
237,8
300.2

$
9.860.0
13.578.0
8.284.2
6/244,0
13.799.2
3.228.0
19.280.3
2,461,6
21.953.0
3.902.3
4.591.5
1,832,9
2.605.0
1.138.4
2.532.8
1.739.2
2.463.6
12.121.0
11.903.8
4.390.6
6.507.5
3.383.9
10.434.2
6.237.2
2.887.2
4.745.3
14.524.9
2.548.0
2.975.8
2.871.5
4.151.0
2.340.4
3.193.0
7.470.3
4.369.4
1.970.0
22.141.0
25.145.0
999,2
15.640.3
7.493.0
5.977.0
3.638.5
17,701,5
5.239.0
1.360.3
3.265.0
3.553.5
2.390.8
13.245.0
6.157.5
3.224.9
3.295.9
5.865.4
6,393,3
5.201.6
2.046.0
6.060.5
2.520.0
4.273.0
1.574.0
8.898.5
4.848.0
2.258.9

60.422,7 71,594,8 414,400,2 69,529,3 49,623,0 418,925,6

New York City, Boston and Philadelphia Banks:
Ba n k s .
N. Y o r k .*
M ay 1 3 ....
“ 2 0 ....
“ 2 7 ....
June 3___
“ 1 0 ....
B o s t o n .*
M ay 2 7 ....
June 3___
” 1 0...,
P h i l a .*
M ay 27___
June 3_
_
“ 1 0 ....

Capital &
Surplus.

Loans.

Specie.

$
130,606,0
131.790.2
131,7i 0,2
131.790.2
132,017,5

$
420,827,7
416.961.3
415,901,6
416.690.2
414.400.2

$
70,802,9
71.231.1
70.657.1
70,156,4
69,529,3

64.642.9 149,956,9
64.642.9 149,776,5
64.642.9 149.744.4

6.561.6
6,383,3
6.309.6

35.793.7 102.795.0
35.793.7 102.666.0
35.793.7 102,634,0

Legals. Deposits, f Circ'Vn Clearing!.
$
5.633.5
5,589,1
5,620,7
5.570.5
5.613.6

$
750,410,4
659.748.6
553,407,1
552.796.7
593,239.9

6,744,5 127.021.6 6.069.0
5.871,0 93,512,6 6.104.6
5,938,3 126.987.8 6,120,4

86.986.7
80.887.8
88,639 3

101.955.0 3.594.0
102.047.0 3.574.0
100.210.0 3.560.0

60.231.4
70.613.5
68.952 5

$
55,708,6
62.861.9
53.964.0
58.683.9
49.623.0

28,4 84.0
27,9 84.0
27,0 31.0

* W e omit vivo ciphers in all these figures,
delphia, tb e item “ due to other banks.”

$
434,865,9
438,683,3
436.724.7
431,411,2
418.925.6

f Including, fo r Boston and Phlla

—The National Union Bank is now open for business at 32
Nassau Street, in the Mutual Life building. The bank has a
paid-up capital of $1,200,000. Its officers and directors are
leading men in the financial world. Mr. E. O. Leecb, widely
known as late director of the United States Mint at Washing
ton, is the cashier.
The movement of breadstuffs to market is indicated in tb e
statement below, prepared by us from the figures of the Ne w
York Produce Exchange. We first give the receipts ai
Western lake and river ports, arranged so as to present the
comparative movement for the week ending June 10, 1893,
and since August 1, for each of the last three years:
Rx ceipts at—

Flour.

Wheat.

Corn.

Oats.

Barley.

F lou r.
Wheat,
bbls.
A t—
bush.
N ew Y o rk . .1 6 5 .4 5 3 5!,2 6 6 ,1 7 5
. 7 0 ,2 6 3
155,192
. 21,071
5 3 2 ,7 5 0
.. 6 0 ,6 1 3
2 2 1 ,6 2 5
B altim ore___. 9 6 ,7 2 6
2 0 7 ,8 3 6
R ich m on d . . .. 3,725
2 4 ,4 3 0
N ew O rleans,. 8 ,6 5 0
1 7 4 ,7 0 0

C orn,
busk.
4 7 0 ,5 0 0
4 9 ,9 0 0
1 2 6 ,76 7
1 9 2 ,9 1 7
3 1 8 ,3 8 6
4 ,6 8 6
2 1 ,9 9 3

Oats,
B a rley ,
bush.
bush.
7 3 1 ,6 5 0
1 0 3 ,8 2 8
123 ,48 7 3 3 ,0 2 0
105 ,34 5
6 4 ,3 7 4
12,6 63
18,093

.4 2 6 ,5 0 6 S 8 2 ,7 0 8 1.1 8 5 ,1 4 9 1,1 4 9 ,4 4 0
t,5
,3 5 7 ,8 7 7 1 ,9 6 7 ,1 98
9 4 3 ,8 7 4
8 0 3 ,8 5 9

3 3 ,0 2 0
3 7 ,3 9 4

R yer
3 4 ,4 0 0
1 ,4 3 0
536
2 5 ,3 1 2

1 1 1 ,6 7 8
8 0 ,5 5 2

Below are the rail shipments of flour and grain from
Western lake and river ports for four years:

F lo u r........... . . . . b b l s .
W h e a t ........ .. ..b u s h .
C o m ............ .................
Oats.............
B a rle y .........
R y e ............. .................

1893.
Week
J u n e 10.
4 9 2 ,5 7 6

1892.
Week
J u n e 11.
2 8 5 ,6 6 2

1891.
Week
J u n e 13.
2 4 0 ,27 1

1 89 0 .
Week
J u n e 14
1 1 2 ,1 2 4

5 2 8 ,2 0 7
9 5 1 ,0 3 6

5 4 3 ,5 4 8
5 0 0 ,1 9 9
9 4 3 ,8 1 6
9 7 ,2 1 1
3 1 ,4 5 9

3 3 5 ,3 0 2
3 9 1 ,10 3
7 8 0 ,7 3 3
1 7 ,0 1 3
3 3 ,9 3 8

2 1 9 ,0 8 3
1 ,2 6 7 ,7 6 3
1 ,7 0 2 ,9 1 8
7 7 ,3 8 6
1 4 6 ,1 1 5

2 ,1 7 6 ,2 3 3

1 ,5 5 8,08 9

3 ,4 1 3 ,2 6 5

2 3 ,7 2 2

T o t a l ... . . . ^ ........ 3 ,4 9 1 ,0 1 2

The exports from the several seaboard ports for the week
ending June 10, 1893, are shown in the annexed statement:
Exports
from —
Sew Y ork
B o sto n ...
M ontreal
P h lla d e l.
Balfcim’ re
N. O rl’ ns.
N. N ew s.
P ortland.
N o rfo lk ..

Wheat.

C orn.

Bujth.
1,199.598
2 1 8 ,13 1
4 2 7 ,4 0 3
2 1 0 ,9 0 7
130 ,21 1
67,7 00

F lou r.

Oats.

E ye.

P ea t.

Bush.
113.651
19.807
1 9 2 ,5 4 2
17,1 42
162 ,28 5
6 8 ,9 4 9
..........

5 7 4 ,3 7 6

2 72,411

3 1 3 ,3 8 2

3 5 ,3 1 7

5 9 ,9 9 9

4 6 9 ,8 1 7

Pot. w eek 2 ,2 5 3 ,9 5 5
8’ m e tim e
1 8 9 2 .. . 2 ,8 3 9 ,8 7 9

Bbls.
57,821
50,5 78
11.942
19,840
71,5 28
910
59,7 92

2 1 7 ,8 1 5

3 75 ,53 1

1 5 9 ,3 2 7

1 7 5 ,5 1 2

Bush.
1 5 8 ,33 2

B ush.
3 4 ,0 2 2

B ush .
5 ,3 3 2

1 8 5 ,05 0

5 4 ,6 6 7
1,395

..........

.........

........ *

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, June 10, 1893:
W heat,
bush.
In store at—
N ew Y o r k ........... , 6 ,2 7 0 ,0 0 0
D o a f lo a t ___
7 9 3 ,0 0 0

O ornt
bush.
8 0 2 ,0 0 0
5 8 ,0 0 0
8 ,0 0 0
4 9 0 ,0 0 0
2 ,8 9 3 ,0 0 0
1 0 ,0 0 0

2 5 ,0 0 0
106^000
6 1 0 ,0 0 0
6 7 ,0 0 0

1 3 1 ,0 0 0
2 0 ,0 0 0

1 6 ,0 0 0
4 1 ,0 0 0

St. L o u is ............., 3 ,2 6 0 ,0 0 0
3 4 3 ,0 0 0
7 9 ,0 0 0
D o a flo a t___
1 1 7 ,00 0
C in cin n a ti.........
3 ,0 0 0
6 ,0 0 0
B o sto n .................
1 9 0 ,0 0 0
5 8 ,0 0 0
T o ro n to ...............
189 ,00 0
M o n tr e a l............,
5 3 8 ,0 0 0
3 2 ,0 0 0
P h ila d e lp h ia ... .
9 3 9 ,0 0 0
3 5 2 ,0 0 0
P e o r ia ............... ..
1 0 3 ,00 0
5 2 ,0 0 0
In d ia n a p o lis ....
114 ,00 0
2 6 ,0 0 0
K ansas C ity ___
9 6 5 ,0 0 0
1 2 7 ,0 0 0
B a ltim o r e .........
8 4 3 ,0 0 0
6 i 5 ,0 0 0
M in n eap olis___ 1 0 ,4 2 8 ,0 0 0
2 3 ,0 0 0
On M ississip p i..
5 0 2 ,0 0 0
4 7 .0 0 0
On L a k e s ........... 2 ,0 5 9 .0 0 0 1 ,7 8 3,00 0
On canal & river • 2 ,8 4 0 ,0 0 0
1 6 6 ,0 0 0
T o tals—
J u n e 1 0 ,1 8 9 3 ..6 8 ,6 6 2 .0 0 0 8 ,1 5 9 ,0 0 0
J u n e 3 ,1 8 9 3 .-7 1 ,0 8 1 ,0 0 0 8 ,1 8 8 ,0 0 0
J u n e 1 1 ,1 8 9 2 ..2 3 ,6 5 1 ,0 0 0 4 ,6 2 3 ,0 0 0
Ju n e 1 3 ,1 8 9 1 .-1 5 ,5 0 1 ,5 1 3 4 ,9 5 5 ,6 7 7
Ju n e 1 4 ,1 8 9 0 .-2 1 ,5 7 8 ,1 4 1 1 6 ,2 0 1 .2 2 1

1 1 4 ,0 0 0
4 5 ,0 0 0
4 ,0 0 0
1 8 ,0 0 0
1 8 ,0 0 0
3 1 2 ,0 0 0
1 4 4 ,0 0 0
1 40 ,00 0
3 5 ,0 0 0
5 0 ,0 0 0
6 0,0 00
1 3.0 00
2 0 ,0 0 0
7 9 8 ,0 0 0
1 6 ,0 0 0

Buffalo.................. 2 ,9 1 2 ,0 0 0
C h ica go............... 2 0 ,0 6 1 ,0 0 0
M ilw aukee......... , 1 ,4 8 8 ,0 0 0
,1 0 ,5 5 0,00 0
T o le d o ................ . 2 ,2 7 1 ,0 0 0
D e tro it............... . 1 ,2 6 5 ,0 0 0

Oats,
bush.
3 7 9 .0 0 0

3 ,0 3 1 ,0 0 0
4 ,6 3 6 ,0 0 0
3 ,8 9 7 ,0 0 0
4 ,2 6 2 ,5 0 0
5 ,3 9 6 ,1 6 4

R ye,
bush.
6 4 ,0 0 0
2 4 .0 0 0
4 ,0 0 0
2 1 .0 0 0
1 2 7 ,0 0 0
70.0 00
6 ,0 0 0
2 5 .0 0 0
2 ,0 0 0
4 ,0 0 0

B a rley ,
bush.

4 5 ,0 0 0
1 0 ,0 0 0
5 0 ,0 0 0
4 ,0 0 0
5 2 .0 0 0
5 5 .0 0 0
2 ,0 0 0

2 ,0 0 0
4 6 ,0 0 0

2 0 ,0 0 0
3 5 ,0 0 0
7 9 ,0 0 0

1 0 ,0 0 0

2 ,0 0 0

5 ,0 0 0
6 5 ,0 0 0
5 ,0 0 0

2 2 .0 0 0

3 9 ,0 0 0
7 4 ,0 0 0
5 9 3 ,0 0 0
5 7 6 ,0 0 0
5 3 2 ,0 0 0
2 9 1 ,5 9 3
6 9 1 ,7 1 2

3 7 6 ,0 0 0
3 7 7 ,0 0 0
3 9 6 ,0 0 0
1 1 2 ,9 0 9
5 2 9 ,2 7 3

IJauhtug and ^financial.
S a m uel D. D avis & Co.,
BANKERS

AND

DEALERS

IN

IN V E S T M E N T S E C U R IT IE S .

N O . 4 4 W A L L S T ., N E W Y O R K .
Sa m u e l D . D a v is ,
M em b er N Y . S to ck E x ch a n g e .

Ch as. B . V an N o st x a n o .

Rye.

Bbls.imbs Bush.60 lbs Bush.bQ lbs Bush.32 lbs BushAS lb* Bu.50 lb
106,790
22,045
184.28) 2,378.516 2,102,550
Chicago........
03.014
24,000
28,600
307,000
89,00"
305,050
43 800
Milwaukee...
519 48)
Duluth........
208,965
922,700
Minneapolis.
7,400
130 900
125,100
2,000
1,704
T oledo.........
59,000
47,000
0.375
88 000
2,982
14,379
47.872
7,600
32.727
36
Cleveland....
5,413
759,400
230,525
1,500
2,491
18,730
72.618
3t. Louis......
1,200
14,400
154,050
430,100
700
Peoria..........
4,950
76,027
26,180
620
Kansas City.
52,372
Tot.wk, ’93.
212,405
349,548 2,348,391 3,545.201 3,233,073
202,185
Same wk/92.
58,485
325.63». 2,781,652 2,132,017 2,130,670
Same wk/91.
1,510.424 1,700,027 1,065.094
45,739
107,058
91,291
Since Aug. 1.
1892-93...... 11,513,384 224,359.873 109,050,922 102,744.945 29,074,001 0,989,954
1891-92...... 11,294,105 205,390,719 103,521,665 92,014,475 30,730,095 14,170,326
1890-91......
9,334.600 103.124,811 89,335.409 84,284.075 28,245.598 4,174.893

T H E

M E R C A N T IL E

N A T IO N A L

B A N K

O F T H E C IT Y OF N E W Y O R K ,
N o. 1 9 1 B r o a d w a y .
C a p ita l.

-

$ 1 , 0 0 0 , 0 0 0 1S u r p la * F u n d ,

-

$ 1 ,0 0 0 ,0 0 0

W ILLIAM P. 8T. JOHN, President. |FREDERICK B. SCHENCK. Cashier.
JAMBS T LOTT. Assistant Cashier.
A CC O U N TS S O L IC IT E D .

S pencer T

rask

& Co.,

B AN K E RS ,
1 0 W a l l S t ., N e w Y o r k .
1 6 C o n g r e s s S t ., B o s t o n
A lb a n y .

P r o v ld e n c .

Members otINew York and Boston Stook Exchanges.

INVESTMENT SECURITIES.

fcW THE CHRONICLE.

1000

Posted rates of leading bankers are as follows:

e j a n k e r s 7 C ^axette.
d

i v

i

o

;k

n d s

P er
Cent.

K a m c o f C om pany.
R a ilr o a d s .
B o sto n R e v e re B eacli & L y n n ...
C o n n e cticu t R iv e r ............................
F itcliliu rg. p r e f.................................
L e h ig h V a lle y (q u a r.)....................
M anhattan (qu ar.)........... ................
N orth ern C entral.............................
O regon R y . & N a viga tion (quar.)
P e n n sy lv a n ia & N o rth w e s te rn .,
t 'a a k s .
N in eteen th 5V a i d .............................
3M» m i s c e l l a n e o u s .
A m er. B ell T elep h on e (quar.) —
E x t r a .................................................
C hic. J c. R y . & U. Stic. Y d s., p ref.
C o m m on ..........................................
D e n v e r C on solid a ted G as (quar.)
E q n ita b . Gus-L. o f N. Y . (q u a r.).
J o u rn e a v & E urnhan. p f, (quar.)
N a tio n a l L ea d , c o m m o n ...............
P h ila d elp h ia C om p a n y..................
P . L o iilla rd . p re f. (q u a r.).............
S tandard G as-Light, p r e f.............
W e st’n C "io n Teleffranh /q u a r.).

2h!
1J
4
1>3
4
1*2
3

J u n e 16.

.

"When
Payable.
J u ly
J u ly
J u ly
J u ly
J uly
J uly
J u ly
J u ly

4 82

l l J u n e 16 to Ju n e 30
—
to
—
to
to
Ju n o 17 to Ju ly
to
Ju n e 21 t o Ju n e 30
to
15

J u ly

5 Ju n e 10 to
1 J une 24 to
15 J u ly 2 to
1 J u n e 20 to
I J u ly 15 to
I IJ une 2 0 to
liJ u n e 18 to
liJ u n e 2 1 t o
15 J u n e 21 to

J u ly

G

J u ly 1
J u ly 16
J u ly 4
A u g. 1
J u ly 1
June 30
J u ly 2
J u ly 2

W A L L S T R E E T . F R I D A Y . J U N E 1 6 . 1 S 9 3 - 5 P . BI.

gT h e Money Market and Financial Situation.—A continu
ance of the large shipments of currency to the interior, higher
rates for call money in New York, lower rates in London, and
in consequence a further reduction in the rates for sterling
exchange, have been the distinguishing characteristics of the
week. Dealers in almost every branch of trade are pursuing
a conservative course and are disposed to confine their opera
tions closely until the currency question is settled. On the
Stock Exchange especially the amount of trading has latterly
been greatly restricted.
Much interest has been taken in the decision of the New
York Clearing-House banks to issue Clearing-House certifi
cates if the need for so doing arises. The statement issued by
the banks on June 10 showed a heavy reduction in the reserve
owing to withdrawals for the West, and this week, as
already said, the shipments to the interior have been re
markably large, the disturbed state of affairs in certain sec
tions leading financial institutions there to increase their cash
resources. The agreement of the New York banks to issue
Clearing House certificates is a precautionary measure which
will tend to prevent contraction of loans if this drain goes on,
at the same time showing the confidence the banks have in one
another. More than this, it will be useful in inducing the
clearing-house associations of other cities to take some similar
course of united action. None of the certificates have thus
far been issued.
The statement of net earnings for the month of April pub
lished in this week’s C h r o n i c l e shows improvement over
previous months of this year, there being a slight gain com
pared with last year in place of a loss as in most of the
earlier months. Freight rates to the Pacific are somewhat
demoralized, but it is hoped that an adjustment wifi, soon be
reached.
The Richmond Terminal reorganization has made suoli
progress that a portion of the first instalment due from the
common stock has been called for, and over 90 per cent of the
company's stock and bonds hawing assented, the remainder
will be allowed to share in the reorganization only upon pay
ment of certain penalties. It is of great advantage to the
market to have the plan carried forward so rapidly.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 4 to 25 per
cent, the average being 7 per cent. To-day rates on call
were 7 to 25 per cent. Commercial paper is quoted at 6% to 8
p.c., but it is very difficult to secure accommodation.
The Bank of England weekly, statement on Thursday showed
an increase in bullion of E l,911,000, and the percentage of
reserve to liabilities was 49'79, against 46'55 last week; the
discount rate was reduced from 3 to2% per cent. The Bank
of France shows a decrease of 2,250,000 francs in gold and
4,425,000 francs in silver.
The New York City Clearing-House banks in their statement
of June 10 showed a decrease in the reserve held of $9,688,000
a surplus over the required reserve of .$14,420,900, against
$20.987,500 the previous week :
1393.
J u n e 10.

D iffer en'sjrom
P rev. w eek.

1 89 2 .
J u n e 11.

1891
J u n e 13.

C a p ita !.................
6 0,4 22 ,7 0 0
6 0 .3 7 2 .7 0 0 60,,7 7 2 ,7 00
v a r p ln s .............. .
71.5S4.80O
6 7 ,9 0 6 ,8 0 0 64 ,3 6 6 ,7 00
L oa n s an d d is c ’ l 4 1 4 ,40 0 ,2 0 0 D eo. 2 ,29 0 ,0 00 4 9 3 ,6 6 9 ,7 0 0 333
,0 3 4 ,6 00
C ir cu la tio n ___
5 ,613,500 [n o .
4 3,0 00
5, t o t , 5 0 0
3 ,4 8 5 ,7 0 0
N e t d e p o sits,___ 4 1 8 .92 5 ,6 0 0 D o .12,
1,485,600 5 4 2 .0 8 3 ,0 0 0 383 ,4 9 1 ,5 00
S p e c i e ................
6 9,5 2 9 ,3 0 0 D ec. 6 27 ,10 0 102,94 5 ,9 0 0 60,,5 0 4 ,4 0 0
L e g a l te n d e r s ...
4 9,6 2 3 ,0 0 0 D ce.9 ,0 6 0 ,9 00 5 6 .1 2 0 .7 0 0 45,,8 5 3 ,3 0 0
R is e r v e h e ld .. , 1 19.152,3 0 0 D e o .P ,6 8 8 ,0 0 0 159 ,06 6 ,6 0 0
L > ga l re s e rv e .., 1 * 4 ,7 3 1 ,100jD ec.3>,121,400 |135,520,750 1 0 6 ,35 7 ,7 0 0
9 5 ,8 7 2 ,8 7 5

S im m s ’■eaerve l ] 4 .42Q.90oiDec.6.566.6Qoj 23.543.850

D em a n d .
4 8 6> s® 4 87>*

'3 )4 .8 2 1 3

P a ris b a n k e rs (fr a n c s )...................................... 5 2 0 5 g t® 5 20 i
A m sterd a m (gu ild e rs) b a n k e rs ....................
3 9 H « @ 3 9 78
4 0 ® 4C i8
F ra n k fo r t o r B r e m e n (re ich m a rk s )b ’ nkera
9438394*3
1 954s t>95]4

The following were the rates of domestic exchange oa New
York at the undermentioned cities to-day: Savannah, buying
% discount, selling par @ % premium ; Charleston, buying
par, sellipg % premium; New Orleans, bank, $1 00@$1 50
premium, commercial, 50 375c.premium; St. Louis, 75c. per
§1,000 discount; Chicago, $1 25@$1 50 per $1,000 discount.
United States Bonds.—Quotations are as follows:

to

J u ly

1
Its
2
1
1 -4

S ixty D ays.

P rim e b a n k e rs ’ s te r lin g b ills o n L o n d o n .. 4 8 8 6
P rim e c o m m e r c ia l......... ............................... .. 4 8 2*3'3>4 8 3

B o o k s Closed.
(B a y s in clu sive.)

J u ly

J u ly
J u lr
J u ly
IA u g.
J u ly
J u ly
:July
l ju ly

|Yol. LVI.

10.434.825

Foreign Exchange—The market for sterling exchange has
been weaker again, in consequence, as said above, of extremely
low disco writs in London and higher rates for call money here
Commercial bills have been in only moderate supply. Actuai
rates of exchange are: Bankers’ sixty days sterling, 4 8 3 '4 'ffl
4 83%; demand, 4 84%@4 85%; cables, 4 85@4 85%.

In terest J u n e ^J u n e
P erio d s
10. | 12.

June
13.

June
14.

June
15.

2 s , ..........................r e g . Q .-M ch. * 9 8 | 93
*
* 98
* 93
*98
4s, 1 9 0 7 ................ re g . Q .- J a n . 1 1 0 % 11014 *110
*110
*109*4
1103^
4 s ,1 9 0 7 ............. c o u p . Q .-J a u . | lll% | I I I I 4 *111
*m
6s, o u r ’ c y ,’ 9 5 ___ r e g . J. & J. *102*3*102*3 *102*s *102*3 *102*3
6s, o u r ’ c y ,’ 9 6 ----- r e g . J. & J. *105 *105
*105
*105
*105
6s, c u r ’c y ,’ 9 7 ----- r e g . j . & j . *107*3 *107*s *107*4 *107*« *107
1*111 *111
*111
6s, c u r ’e y ,’ 9 8 ----- r e g . j . * j . * m
*110
6s, o u r ’c y ,’ 9 9 ----- r e g . J . & J. *113 ,*113
*113
*113
*112
’ T h is is t h e p r i c e b id a t t n e m o r n in g b o a r d ; n o s a te w a s ii ade.

J une
16.
* 98
*109
110
*102*5
*105
*107
*110
*112

Government Purchases o f Silver.—The following shows
the amount of silver purchased to date in June by the
Government.
Ounces
offered .
P r e v io u s ly r e p o r t e d ............. 4 ,2 9 7 ,8 0 0
8 4 8 .0 0 0
“
1 4 . ..................................
3 7 0 .0 0 0

Ounces
p u rch a sed .

P ric e p a id .

2 ,1 2 7 ,3 0 0 $0-8 2 9 8 ® $ 0*3360
6 6 3 .00 0 ............. ® ..........
1 5 0 .0 0 0 $ 0 -8 3 8 0 @ ..............
.............
..............

T o ta l in m o n th to J u n e 1 4 . 5 ,5 1 5 ,8 0 0
2 .9 4 5 ,8 0 0 $ 0 -8 2 9 8 ® $ 0 -8 3 8 0
* T h e lo c a l p u rch a se s o f e a ch w e e k a re n o t re p o r te d t ill M o n d a y o f
th e fo llo w in g w eek .

State and Bailroad Bonds.—The sales of State bonds
were as follows: $5,000 South Carolina non-fundable
6s at 1% ; $3,000 Tennessee settlement 3s at 70%@71%
and $1,001) 6s at 102%.
The market for railroad bonds has been dull and prices
irregular. Atchison issues have been particularly weak, the
4s on large sales selling down to 78 and the Class A bonds to
44%, while Colorado Midland 4s guaranteed by Atchison fell
from 56% last Friday to 52% yesterday. Reading issues, too,
have been heavy in sympathy with the stock. Erie 2d consols
have been in more than usual request and sell higher than
recently.
In connection with the proposed issue by th
Northern Pacific of collateral trust notes, it is interesting to
observe how steady the Union Pacific gold 6s collateral trust
notes have been, ranging this year only from 95 to 10t2%, and
selling to-day, notwithstanding the general depression, at 98%.
Railroad and Miscellaneous Stocks.—The stock market on
Saturday last was strong, as on the day previous, but after
Monday was weaker and has grown increasingly dull.
The financial disturbances in various parts of the country,
higher rates for money and bear rumors succeeded in
unsettling to some extent the confidence that was displayed
last week, and support having been withdrawn the prices of
speculative issues became more thau usually vulnerable.
Atchison was raided on talk about floating debt, and fell to
the lowest price of the year, although the President states
that the floating debt is less than last year. London has done
some buying and to-day Louisville & Nashville sold up to
68%, closing at 67%. In fact to-day’s market showed con
siderable strength, though prices, after rising in some cases
one or more points, receded from the best figures reached.
Union Pacific fell off on the rather poor return of net earn
ings for April which was published on Thursday.
Manhattan has been strongly held, its friends being some
what more hopeful of an advantageous compromise with the
city respecting the proposed extensions. The Western Union
directors have declared the usual dividend at the rate of 5
per cent per annum, and the quarterly statement (partly esti
mated) which was presented showed the dividend to have
been more than earned. The stock was strong to-day in
the neighborhood of 84. Reading was weak on Tuesday,
but was higher yesterday, while New England fell lower
than it has been since 18S5, when the receiver was in pos
session.
The National Starch Company has surprised the public by
passing altogether the dividend on its second preferred stock,
and its shares on small sales have had a great tumble. So
long as the stockholders of the great industrial companies
submit to being kept to such an extent in the dark as to the
earnings of their properties they must expect disagreeable
surprises such as this. Sugar, now ex 3 per cent dividend,
closes to-day at 87% against 89% last week. The report
of a strike at the Brooklyn refineries was used as an argument
for lower prices, but the strike was apparently of small
account. The Lead Company has declared a one per cent
dividend on its common stock and the stock was therefore
stronger. Distilling & Cattle Feeding lias been mysteriously
buoyant in spite of hostile attacks on the organization. It
lias been as high as 24, closing at 23%. General Electric was
higher to-day than at any time last week.

THE CHRONICLE

J une 17, 1893.]

1001

NEW YORK STOCK EXCHANGE—ACTIVE STOCKS Jor week ending JUNE 16, and since JAN. 1,
H IG H E S T A N D L O W E S T T R IC E S .
S atu rda y,
J u n e 10.

M onday,
J u n e 1 2.

2 4 % 2 5%
2434 25%
"2 %
3
3
2 ia
7334 7 5
7 4ia 74%
*77
78
78% 78%
52
*51
50% 51
1 0 7 % 10734
*1091$ 111
19*4 19*2
19% 19%
*138
14*2 *133
.42
86% 88
87*3 8 8%
62
*•95
97
*94% 99
6 9% 70%
6 9 % 70=s
1 17% 117%
*117
118
106
107
106
106=8
*135
74
72% 73%
73
3914 4114
39ia 41ia
115
116 *113
115
42*4 4 2 M 4 1 % 41ia
2 1 4j
21
21%
'6 2
1 2 2 7g 122
123
14234 1411s 1423e
1414
1 3% 14>a
43i*
4 8 % 4914
%
%
20
*10
20
3%
3k
4
L38
1 14 4 i 1144» 1 14 % 114%
923* 92^4
9 2% 93
"6 %
7
*0 %
7
*20ia 23
21% 2 m
•18
’
1838 18%
18ia
72
*71
*71 ia 73
1244* 125
123
124%
*99% 100% 1 0 0
100
6 6 % 67ia
6 6 4a 6 7%
1 7 % 173* *17
18
19
19
1304i 132
130
131%
93
98
98
98
12
12ia
12% 12%
30
29
31^
29
*1 l 7g 1 2 ‘a
* 1 1 78
2 1 % 21 ia
20% 21ia
3 5 % 3 7 1«
34% 36%
21
*19
20ia 20**
*84
*34
90
1 0 4 ^ 10441 10418 101=8
*14% 16
14=8 l o
*61
2 9 % 29% *23
30
18
183s
18
18%
3 7 % 3 7%
38
38%
2 1 % 2 2%
20 % 22%
210
2 LO
*13
16
*33
16
1434 15
1 5% 15%
1 4 % 14%
14>a 14ia
55
OO
*54
57
‘ 13% 13%
21
21
2338 23 k
*133s 13%
13% 13%
34% 36
3538 3 6%
*14=8 15ia *1513 17
*29% 35
*29
*60
63
*60
6i
*12%
*12** 14
11
11
n%
11%
15 44 18
1 6 % 17=8
*14
16
14
14
*51
54
*50
53
1%
2%
2%
1 78
18
18
*17
21

21
*62
122^4
1413^
1414
4 8 13
%
*10
3%

T u esd a y.
J u u e 13.
23%
'2
74
78%
50%
103
18%
*133
86%
*62
*9 4 k
68%
1 1 6 38
105%
*138
71%
39 k
*1141*
*10%

24%
234
74%
78%
51
.03%
19
.42
87
66
99
6 J la
11638
106
72%
3t>%
116

21
2 1%
*62
121% 122
140-% 141ia
1a
13%
4 8 % 4 8%
'%
%
*10
20
3ia
3%
L36
115
115
9 2 % 93
*Gifl
7
21
21
19
*18
71% 71%
123ia 1231s
*99 ia 101
6618 67
16
17
19
1 2 9 % 129%
9 3 % 93%
*11% 12%
*29
32
* 1 1 3 12%
4
20% 21
35
35%
*19
21
*84
90
104
104%
*14ia 16
63 78 6 3 7s
*26
29%
1 7% 17%
3 7 % 37=s
4
20% 2 1 3

*8

11

*8%

37 %

36 7e
71
71%
8913 93
8 7%
87% 87%
8 6%
6 /%
57
58%
84
7 0 7g 7418
7 1 7s
15
15
15ia
3 9 7e 4 0 7e
4 0ia
1303s 1301a 1 29 %
lfe % 19%
19%
71b) 7 3 7r 7 1%
1 3 % 14
13%
50
5o
313a 32ia
3138
72
72
71
9%
8 78
8%
*12
18 i *12
* .8 % 19 1 19
*6 3%
( *63
11 7 0
173
170
*83
83% *83
1 7 % 17%
17%
42
8 3%

42
81=8]

42ia
83

11

90%
69%
*116%
105%
133
71%
3 9%
115
413a
S3 k
20%
*62
1 22 %
141%
14
48%
%
*10
*3
114%
92%
21
*i8
*70
123%
*99
67%
16%
131
*11%
*29
*12
20
3 4%
19
*84
104
*14%
*64
*27
18
38
21%
*13
14%
14
57

14%
14%
14
57

23 %
13ia
33ia
*15%
*28
*60
v12
10%
15=8
*14
*50
2
17

23%
24%
13%
13%
34%
34%
16% *15%
*28
38
*60
68
14
*12
1C% *10
16%
1 6%
*14
16
533i
5 3%
2%
IT2
17
m s

*8

11

38
36
36%
71%
69
69
90%
86% 87%
86**
86
86
59
60
61%
84
*81
7414
7 0 % 72
15% *15
16
4 iia
40
41%
129% 129ia 129ia
193 q 18
19%
75
7 0 % 7 1%
14
13
14
*47
51
3 1 % 32%
3218
7 2 k *70% 72
9k
8%
8%
20
*12
is
19
18% 18%
*
63
170
*170
172
84
18
lGifl 17%
42ia
84%

22%
*2%
7 4%
78 *4
51%
ICS
ls %
14 1
8 6%

14ia
14%
14
*54

63s
*6
*6
6%
6%
6ia
1134 *11
*11
11 3 *11
4
35
35
*33
36
*35ia 40
*102
105
103*2 103ia *102 ia 105
110
*108
*108
HO
*108
no
2 7 % 273,
2 7!a 2 7 k
2 7 % 27%
7%
7%
7*4
7%
7
7
*9
9k
9% 10
9% 10
*38 ia 50
50
*39
80
30*8 £0%
291s 29ia
29% 29%
10*4 1 0 1]
1 0 % 10%
*9 ia 10%
8%
8k
8%
8%
8
8
17 ifl 1734
1738 17 % 17% 173Q
1534 16
15
15%
lt>% 15
5158 521.]
50
50
‘ 47
52%
36%
*69

W ed n esd a y ,
J u n e 14.

*41
82%

44
83%

*6
*11
*35
*102%
108
2 7%
6%

9%

*39

29
10
*8
17%
*14%
*47

*8
*3G%
69
87
85%
60%
84%
71%
*14
41%
1 28%
19
70
13%
50
32
71%
8%
*12
*18%
*63
170
16%
75
41
8 2?)

* These axe | 0 and asked; no sale made.
)1 .

T h u rsd a y ,
J u n e 15.

22% 23%
23%
2 3%
2%
*2 %
*2%
3
74%
75
75
75
78% *78% 7 9 % '7 8 %
51%
51 % 51%
50%
108% 1 0 6 % 107% 1 07%
18% 1 8 78 *18%
1*%
136
*138
142
Ml
86% SG78 67
8 7%

A c t iv e R R . S to c k * .
24% A tch ison T o p . & S an ta F e . . . . 118,571
500
fc
70% B altim ore < O h io..................... .
1,695
79
Canadian P a ciflo ........................
810
50% ’an ad a S o u th e rn ......................
1 ,0 0 0
108% C entral o f N ew J e r s e y .............
2,475
4,521
1 9 4 Tbisaapeake A 0 ., v o t. tr. c e r t.
42
14
TJhloago A A l t o n ........................
87% C h ica go B u rlin g ton & Q uinoy. 32,3 18
120
200
70% C h ica go M ilw a u k ee & St. P aul. 125,067
193
1 17%
Do
p r e f.
106
4,836
C hicago A N o r t h w e s t e r n ........
255
73% C hioago R ook Isla n d A P a c iflc . 23,6 99
6 ,3 1 0
10% C hicago St. P aul M inn. & Om.
115%
3 50
Do
p r e f.
42
565
C leve. O lncin. C hic. & St. L . ..
50
20% C olu m bus H o ck in g V al. & T o l.
1,667

96%
68%
68% 69%
6 9%
118
117
.1V«B 117
106% 105% 105% 1 05 %
139 *137
L3S
139
724
72%
7 1 % 72%
39
40
40
39
L6
1
115%
L15 *114
42
41
41
4 1%
83%
20% 20% *20
20%
*62
*32
122% 121
121
122
1224
142% 1 41% 141% 142
143
14
14% 14%
14
It
4 ? % 48%
49
48%
49
%
*%
%
&
8
%
20
*10
*10
20
20
4
*3
4
4
136 *134
136 *
136
115
* L14% 116
*114% 116
9 3% 9 4%
a
93% *92 • 93
7
*6
7
7
*20% 22
*20% 23
21
18% *17% 18% *17% 188
71%
*70
71
71
71
123% 122
123% 1 23% 1 24 7a
101
111
101 . *99
10 L
673* 96%
0 6 78 67 %
6 8%
I73g
15% 16
16
16
1s
1s
19
x 129 4 1 3 0 %
133% 1 3 1 % 1 3 2
96
96
97
97
12% *11% 12% * LI
12
29
35
29
33
•28
12% *11% 12% *11% 12%
20
20% *20 '
20
35%
34% 35
35 4 37
21
*18% 21
19
*18
84
90
90
84
*83
10 2 3
4
104% 6101% 102% 101
16
15% 19%
*64
*27
30
30
18ki
17% 18%
I 7 7e 1 S 4
*37
39
38
19% 21%
1930 20*6
223s
*14
14%
13%
*53
57
7%
26
25
13%
1338
34%
33%
16% *15
*28
65
*60
*12
14
*10
11
16
16%
16
14%
53=4 *5u
2%
1=8
18: n s
%
*16
*57
63*9
*5%
1 1 * *11
*33
40
105
102
108
*106
27%
27%
6%
6%
10
10
50
*39
80
*74
29%
28*8
10
10
8%
*8
17%
17%
16
13
52%
47
15
1 4 7a
14%

15
15%
13%
57
7%
26
13%
34%
16
40
65
14
11
17%
14%
53%
l'R
18
19
59
64
n%
36
105
108
27%
6=8
10
50
80
2 9%
10
9
17%

D ela w a re** H u d s o n .................
D elaw are L a ck a w a n n a &Weat
D en ver & R io G r a n d e .............
Do
p re f.
E ast T en n essee V a. A G a ........
Do
1st p re f.
Do
2 d p re f.
G reat N o rth e r n ,p r e f.................
Illin ois C e n t r a ...........................
Do
p r e f.
L ake E rie & W e s t e r n ...............
Do
p re f.
L ake S h ore & M loh. Southern.
L ong In land .................................
L ou isville < N a sh v ille.............
fe
L ouisv. N ew A lb . < C h ica go..
fe

Do
2d p re f.
New Y o r k L a k e E rie & W est’ll
Do
p r e f.
N ew Y o rk & N ew E n g la n d . . .

134
34%
16
40
6 >
13
n%
17%

Y o r k & N orth ern , p r e f ..
Y ork O n tario < W estern
K
Y ork S usquehan. & West,
Do
p re f.

Do
p r e f.
N orthern P a c i f i c ........................
Do
p re f.
Ohio & M is siss ip p i....................

L ow est

H lg h e e t

22% J u n o 15
73%
49
104%
17%
140
81*

9 7 7S Jan. 2 4
M ay 17
June 1 5 8 % Jan. 1 6
M ay 5 132% J an . 2 1
M ay 5
Jan. 11 145% Feb. 1
M ay 13 1037. J an . 2 1

6 6 % Ju n e
115 M a y
104 Ju n e
68
36%
112
35

3 6 % Jan . 16

2 8 3% Jan . 2 3
4 126 Jan. 23
C 116% F eb. 1

M a y 13 8 9 %
J une 5 5 8 %
M ay 5 121
M ay 5 60%

Jan . 23
Feb. 9
F eb . 3
Jan. 23

27
27
21
23
4
3
3

775 113
2,473 8 7%
6%
3 5 0 19
300 16%
195 67%
5,630 118%
250 9 3 %
35,265 6 *%
1,150 14

June
June
M ay
M ay
M ay
M ay
M ay
June
June
M ay

16
14
18
8
21
21
14

8,018 115
842
410 V LO
1,000 ',2 9

M ay

M inn eapolis & 8t. L,. tr. reets
Do
p r e f., tr. reets
Do
p re f.
M issouri P a o ifio ..........................
M obile & O h io ..............................
N ash v . Oh attanooga& S t. Louie
New York C e n tra l < H u d s o n .
te
New Y ork Ohio. A St. L ou is ..

R a n g e o f galea in 1 893.

2 0 J u n e 5 3 2 % J an .
62
M ay 5
2 ,5 3 2 120 M a y 11 139 Jan .
10,8 10 134% M a y 13 15K % Jan .
1,200 13% M ay 31 18% Jan .
1 ,5 0 0 4 5 78 J u n e 3 57 >) J ail.
1 ,628
% June 5
5 % F eb.
__
10 J u n e 3 3 5 Si F eb .
1 ,5 1 3
2% J u n e 7 11% F eb .

M anhattan E le v a te d ,c o n s o l..

*14
16 N ew
New
1 4 78 15
13% 13% New
56
56
134
3 4%
*15
*25
*60
* i2
114
16

SaJea
o f the
W eek,
Shares.

STOCKS.

F rid a y,
J u u e 10.

1,400
11,400
210
200
3,3 72
300
10
125
15,575
910
44,583
13
100
3,200
1 ,233
2L0
15
6 30
832
28,521

3
3
4
15
15
15
16
5
2
4

142% F ob . 7
104 Jan . 25
37
25
82
134%
118%

Jan.
Jan.
Jan .
A p r.
Jan .
7 7 % Jan .
27 Jan.

S 174«» Jau . 13

M a y 15
J u n e 12

19% Jan. 14
4 9 J an . 16

19%
33%
16
84
98
14

M a y 3 2 8 % J an .
J u n e 7 60 Jan .
M a y K> 3 5% J an .
J u u e 15 9 0 A p r.
M&y 15 111% Jan .
Ju n e 3 2 0 J an .

263)
10%
34
19%

Juno 7
Ju n e 2
June 3
June 16

41
26=a
58
52%

10%
14%
13 %
53

M ay 5
M ay 16
Ju n e 5
Juno 5

38
Jan.
1 9 % Jan.
2 1 3s Jan .
7 3 % Jan .

2 1 Ju n e
12% M ay
31% J u n o
14% J u n e
2 > M ay
50 M ay
12% M ay
10
M ay
1 5 % June
14 J u r e
49 3) M ay
% June
15% Ju n e
16
Mar.

19

10
15
5
7
16
15
If
2
9
7
Is
&
8
16

3 9%
18%
50%
25
49
84%
25
18%
5 3%
21%
62
12
4.3
22
62%
7\
15
47%
108
116%
35%
11
4 0 is
50

16
21
5
18
25
17

A p r. 5
J an . 25
J an . 24
Jan . 17

J an .
F eb.
F eb .
Feb.
J an .
Jan .
Jan .
J an .
Jau .
Jan .
J an .
Feb.
F eb .
Jan .
Jan.
J an.
Jan .
J an .
J an .
F eb.
J an .
J an .
Jan.
J au .

24
20
23
23
23
14
6
1
25
23
16
21
25
24
24
3
6
25
2ft
18
18
18
30
14
16
19
31
17

O regon K 'y & N a v ig a tio n C o.
O regon 8h. L in e & U tah N orth
P eoria D e c a tu r & E va n sville.
4 20
P h ila d elp h ia & R e a d in g .......... 6 0 ,3 9 0
P ittsb u rg Ciun. Ohio. A Bt. L .
410
10
Do
p re f.
2 % R ich m on d & W est P o in t T e r ’ l 10,5 17
1T2%
*! L7 % 17 %
600
Do
p re f.
19
*16
59
*57
6% St. L ou is S o u t h w e s te r n .........
*d
10
5% M ay 5
*11
11 %•
Do
p re f.
10 M a y *
i
36
*33
St. P a u l & D u lu th ......................
100 3 2 M a y 15
*102 1 0 d
5 0 100 M a y 5
Do
n ref.
*106
103
St. P a u l M inn. & M a n it o b a ...
4 6 9 108 J u u e 14
2 ,8 8 0 2 7 % J udo 12
2 7 4 27=a Southern P a oifio C o ...................
6%
6% T e x a s < P a c iflo ..........................
fc
1 ,24C
6% J u n e 7
10 T o le d o A n u A rb o r & N. M ich .
10
7 % M ay 2 4
1,310
*39
50
80
*74
29
2 9 4 U nion P a c i f l o ..............................
3 ,1 7 7 27 J u n e 3 4 2 % J an . 27
*9% 10
U nion P a oifio D e n v e r & G u lf.
42 C
9 % J u u e 8 1S% Jan . 16
8%
H% WabaBh..........................................
1 ,5 6 0
7% J u n e 2 12% F eb. 9
17% 17%
4,695 15% J u n e 3 26% F eb. 7
Do
p r e f.
14%
15
15
1 ,2 9 ( I 1 0 % M ay 4 2 3 % Jau . 1 7
W heeling A L a k e E r ie .............
43% *46
53 %
Do
p r e f.
5SC 43% M a y 5 6 7 % J an . 17
11
~3
11
*3
11 W iscon sin C en tra l C o ...............
8 M a y 16 153* J an . 23
M is c e lla n e o u s S to c k s .
35 % 36
2 ,7 9 1 ; 30 M a y 5 51% M ar. 3
37%
3 5 7e 3 6
A m e rica n C o tto n O il C o .........
69
68% 68%
6401 68 M a y 5 ! 8 4 F eb . 1 4
68% 63%
Do
p re f
88%
8 5% 87%
87% 84
Am . S ugar R e f .C o ..................... 84,1 St 62 M a y 5 .1 3 4 % F eb . 6
1,764 63 M a y 5 | 1 0 4 % J a n . 19
85
85
853* 85%
Do
p r e f.
86%
60
3.965 55 J u n e 6 121 J an . 3
60
60
60
60%
A m e rica n T o b a c c o C o .............
1.208
110% J an . 3
84%
85%
*85
88
6 9% 70= r 703* 72 C hioago G a s C o ., tru st re o ’ts. 7 1,8 86 ! 5 9
M a y 5 9 4 % J an . 2 1
72%
520 13 J u u e 5 25% F eb. 7
*13
15
14% 14% C o lorad o C oal & Iro n D e v e l..
16
F eb. 14
3 ,6 6 0 3 9 % J u n e 10 7 2
41
41
42% *40% 42%
C olorad o F uel A Iron ...........
1,584] 112
-May 5 1 4 4
J an . 20
126
C onsolid ated G as C o ................
127
127
128% 126
21
2 0 7q 24
2 0 5a 21%
D istillin g A C attle F e e d 'g C o . 7 4 ,9 0 0 13 M a y 22 6 6 % J an . 3
M ay 5 114 H J an . 16
7 0% 72
71 %
7 1 7s 739) G en era l E le c tr ic C o ................. 85.726 53
9% M ay 13 147 F eb. 1 0
1 3 % 14
14
N ation a l C ord a ge C o . , n e w . . . 14,<520
1 4 4 16
960 39 M a y 13; 11 S% J an . 2 0
50
51
50
50
Do
p r e f.
51
32% 33
r
N a tion a l L e a d C o ...................... 1 1 ,7 8 1 2 6 M a y 5 | 5 2 % Jan . 21
32%
3 1% 3 2 S
1 ,339 6 7 M u y 5 ! 9 6 J a n . 2 0
71
72
72
Do
p r e f.
72
71
*8%
3,927
8 M a y 4 11% M ar. 2 4
8% N orth A m erican C o ...................
8%
8 3)
8%
IS
F eb. 7 2 1 % F e b . 9
IS
*12
IS
*12
IS
941 1 7 % M ay 4! 2 7% J a n . 3
19
18% 1S7p
18% 18=8 P a cific M a l l .................................
5 2 % J a n . liv / 0 % A pr. 4
62
62
L3G0 166 J u n e 161*206 A p r. 12
168% 166
167 IPullm an P a la ce C ar C o ...........
170
163
8 2 % Mar. 21 84% J au . 18
*83% 84
6,226 1 6 % M a y 23 3 7 % J an . 12
16% 1 6 7g
16% 1 6 7s T en n essee C o a l A I r o n ...........
17
—n
7 0% June 6 1 0 2
J a n . 31
91C 3 3 M ay 11 6 0 % A p r. 18
41
40 lu n ite d S ta tes R u b b e r C o ........
41
40
40
3 6 .8 4 " 80% M ay 5|101 J a n . 2 0
8 2 % 83%
8 3% 84% W estern O n ion T e le g r a p h . . .
83%
i

Ex div,

and rig h ts,

x Ex

div.

1 T ru st
T

Co. C e' ts,

.i O ld

ce rts.

THE CHRONICLE

1002

|Vol . LVI,

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
^

A c tiv e S to ck s .
f In d ica te s u n listed .
A.ton. T. & S. F e (B o sto n ). 100
A tla n tic & F a e.
“
100
S a lt lm o r e & O h io ( B a it.). 100
1st p re fe rr e d
“
100
2d p re fe rr e d
“
100
B a ltim o re T ra c’ n .iP h il.). 25
B o sto n & A lb a n y t B o sto n ). 100
B o s to n & L o w e ll
“
100
B o sto n & M aine
“
100
C e n tra l o f M ass.
“
100
P re fe r re d
“
100
0 h ic.B u r .& Q u in .
“
100
Ohio. MU. & St. P . ( P h i l .) .100
Ohio. & W . M id i. (B o s to n ).100
■Cleve. & C an ton
“
100
P re fe r re d ___
“
100
F it c h b u r g p r e f.
“
100
H u n t. & B r. T op . i P h ila ) . 5 0
P re ferred
“
50
L e h ig h V a lle y
“
50
M a l i ! C en tra l (B o sto n ). 100
M e tro p o lita n T ra c. (P h il) .1 0 0
M e x ica n C ent’K .B o s t o n ;.100
N .Y . & N . E n g.
“
100
P r e f e r r e d ....
“
100
N o rth e rn C entral (B a lt.). 50
N o rth ern P a cific (P h ila .). 100
P re fe r re d
“
100
O ld C o lo n y .... (B o sto n ). 100
P e n n s y lv a n ia .. (P h ila .). 50
P h ila d el. & E rie.
“
50
P h i l a .* B ea d in g
“
50
P h ila d elp h ia Trac. “
50
S u m m it B ra n ch (B o sto n ). 5 0
U n io n P a cific
“
100
U n ite d Cos. o f N. J. (P h ila .) 100
W eaternN. Y . SzB&(Phila. J. 100
m is c e lla n e o u s S to c k s .
A m .B ug’r R e fin .t (B o sto n )___
P re fe r re d ..........
“
B e ll T e le p h o n e ..
*•
100
B ost. & M on ta n a
“
25
B u t t e * B o s t o n ..
“
25
C alu m et & H e cla
“
25
C a n to n C o............ (B a lt.). 100
C o n so lid a ted G as
“
100
E rie T elep h on e (B o sto n ). 100
G en era l E le c tr ic .. “
100
P re fe r re d ............ “
100
L a m so n S tore 8er. “
50
I.e h l'h C o a l& N a v ' P h il.) 50
N .E n g . T elep h on e (B ost’n ) 100
N orth A m e r ic a n . (P h il.) .1 0 0
W e st E n clL a n d .. ( B ost’n ) ___
* B id an d ask ed p rices;

in a c tiv e S to ck s .

S a tu rd a y ,
J u n e 10.
24%
*2=g
75%

25%
3
75%

22%

120
22%
208

‘186*"
164
14
*49
8 7%
69%
*4
*14%
*83%
‘ 35%
50%
4 6 7e

iei'

14
50
88%
70%

83%
50%
46%

110 113
8%
7%
21% 22%
66
66
69
" l 3 % 13%
35% 36%
185
50% 5 0%
-2 6 %
8
"8 %
106
106

24%
2%
75%

2 5%
2%
7 5%

T uesday,
J u n o 13.
2 3 % 24%
* 2 % .......
7 4 % 74%

120
..........120
2 2 % 22%
208
208
208
208
486
*186 190
1 63% 165
163% 164
14
14
14
14
87
69%
31
*4
14
83%
*35%
51
46%

87%
7 0%
31
5
14%
83%
..........
51
46%

113
1 13%
7%
8
2 0 % 22%
65
66

86%
68%

86%
69%

3%
3%
14
14
8 3 % 83%
3 5 % 35%
51
51
46% 47
120
..........
1 0 9 % 110
7%
8
20% 21%
63
63

13% 1 3%
1 3% 13%
34% 35%
33% 34%
1 8 4 185
185 185
5 0% 51
5 0 % 51
*26% 27% * 2 6 % .........
7%
8%
8B
ia 8 i 3is
1 08 % 108% 105 1 07 %

3 0 % 30%
2 9 % 29%
* 2 2 3 % ......... * 2 2 3 % ........
4%
4%
4%
4%

2 8 % 28%
2 2 4 224
4%
5

W e d n e sd a y , T h u rsd a y ,
J u n e 14
J u n e 15.
22% 23%
*2% . . . .
73
73

A sk. j

22%
2%

23%
2%

r..........1 2 0
' ..........120
2 2% 2 2%
22
22
209
209
208
208
486
187
486
____
163
164
1 6 3 163
8 6%
6 9%

83
*35%
*5 0%
46%
108
*7%
22
*63
'6 7
*13%
34%
185
50%
‘ 26%
8%
97

87%
6 9%

29
29%
2 2 4 78 225
5
5

In a c tiv e sto cks,

86%
68%

F rid a y ,
J u n o 16.
23
24%
2%
2%
*75
76
130
.......
*117 120
22
22
..........208
186
____
1 6 3 % 163%
14
14
8 6%
69

8 6 7s
6 8 7s

88
70

+
*4 v 5
5
*14
*14
83%
83
83
8 2 % 83
35
35%
35
35
35%
51
51
51
*50% 51%
46%
46%
46
46%
46%
122
122
1 09 % 104
107
1 06 % 107%
8
8%
8%
8
8
19% 2 0%
22%
1 9 78 21%
62
62
65
63
63
*68
69
1 3% 13%
13=8 13%
34
34%
3 4 % 35=8
34%
*185
185
187
185
187
5 0% 51
51
5 0 % 5 1%
2 6% 2 6%
8 « ,«
8 i le 8%
8
8°16
100
96
97
97%
97

8 7 % 88
1137
91
87% 90%
86% 87%
86
86
86
86%
II86
88%
8 6 % 87
190
191
190
190
1 9 0 190
1 9 0 190
21% 21%
22
22%
2 1 % 22% *21% 21%
7
7
*6%
6%
6%
7
6%
7
285
285
*285 2 9 0
-285
289
285 288
70
70
* ......... 7 0
56
‘ 56% 56%
55% 56%
56
56
56
44% 45
45
45
*45
45%
45
70
72
70% 71%
71%
75
7 1% 73%
*90
100
91
91
16
16
16% 16%
1 6 % 16%
5 0% 5 0 %
51% 51%
51
51
5 0% 50%
56
56
56
56
*......... 58
56
56
8%
*9%
9%
*8%
9%
* 8 % .........
*8%
14
14
1 3% 13% *1 3 % 14
*13% 14
n o sale w a s m ade.
I L o w e s t is e x d ivid en d .
I
B id .

S ales
o f th e
W eek,
Shares.

S h a re P r ic e s — n o t P e r C e n tu m P r ic e s .
M onday,
J u n e 12.

28% 28%
29
2 2 4 % 2 24 % *224
*4%
5
5
85%

54% 55%
45
45
71
72
*92
100
*15%
50% 50%
57
*8%
8%
13% 13%

B id .

P rices o f J u n e 16.
A J a m a * C h a rlotte {B alt. ) . i 0 0
B o s t o n & P ro v id e n ce (B oston). 100 250
C i m d e n & A t a n t io p f. (P h ila .). 50
22
C s t a w is s a ....................
“
50
1st p r e fe r r e d ..........
“
50
51
Sd p re fe rr e d ............
“
50
<Jantral O h io............... (B a ll.). 50
C h a ri. C ob & A u g u sta
“
100
C o n n e cticu t & P a s s . (Boston) .1 0 0 123
■C onnecticut B i v e r . ..
“
100
D sla w a re& B ou n d B r . (PhUa.) .1 0 0
F l i n t & P e r e M a r q ... (B oston). 100
P r e f e r r e d . . . ...........
“
lo o
59
H a r.P o r ts .M t.J o y & L . (P h ila .). 50
K a n . C?y F t .S .& M e m .(B oston ). 100
P r e fe r r e d ...................
“
lo o
K . C ity M e m .* B ir m .
«
100
L it t le S ch u y lk ill........ (P h ila .). 50
M a n c h e ste r & L a w .. (B oston ). 100
M a ry la n d C en tra l
(B alt.) 50
M in e H ill & S. H a v en (P h ila .). 50
67
N esqu ehoning V a l . . . .
«
50
51%
N orth ern N. H .............(B oston ), 100
N o r t h P e n n sy lv a n ia . (P h ila ,). 50
80%
O r e g o n Short L i n e ...( B o s t o n ;.100
12
P e n n sy lv a n ia & N .W . (Phila.) 50
F tntlan d.......................... (B oston ). 100
P re ferred ..................
100
S s a b o a r d & R o a n o k e . (B alt.) 100
1 st p re fe rr e d ............,
*
■
100
W e st E n d ....................... (B oston ). 50
56
P re ferred .......................
«
50
77%
W e st J e rs e y ................... (P h ila .). 50
54
W e s t J ersey & A t la n .
“
50
18
W e ste rn M a ry la n d ..
(B a lt.). 50
W ilm . Col. & A u g u sta
“
100
W ilm in g t’ n & W e ld o n
“
100
W isco n sin C e n t r a l... (B oston ) 100
8%
P re ferred .......................
« 10O
•Woro’ et.N ash.& R och ,
“
100

87%

87=8

192
191
2 0 % 2 )%
6%
6%
285
285

5
88

i*93
191
21
21
6%
6=4
234
2 80
*55
65
*55% 55%
45
72
7 3%
*92
16% 16%
5 0% 50%
*
56%
*8
14
14

A sk .

25
W estin g . E le c tr ic ___ (B o s to n ). 50
26
90
B on d s—B oston .
77% 78
A t.T o p .* S .F .1 0 0 -y r .4 g .,1 9 8 9 , J & J
: 2 d 2% -4s, g „ Class A . . 1989, A * 0
45
B u rl. & M o.B iv e r E x e m p t 6 s ,J * J t |113%
N o n -e x e m p t 6 s ............. 1 9 1 8 , J & J
P la in 4 s ............................ 1 91 0 , J & J
C h ic. B u rl. & N or. 1 st 5 ,1 9 2 6 , A & O 4 0 0
2 d m ort. 6 s ................... 1918, J& D
D eb en tu re 6 s................1 8 9 6 , J& D
100
C hic. B u rl. & Q u in cy 4 s ..1 9 2 2 , F & A
90
I o w a D iv is io n 4 s ........1 9 1 9 , A & O
C hie.& W .M ich . gen . 5s, 1 9 2 1 , J & D
91
95
C onsoL o f V erm o n t, 5 s .1 9 1 3 , J & J
C urren t R iv e r, 1st, 5 s ..1 9 2 7 , A & O
D e t. L a n s .& N o r’ n M. 7 8 .1 9 0 7 , J & J
1 00 %
E astern 1st m o rt 6 g .._ 1 9 0 6 , M&S 4 1 7
I ree.E lk . & M . V .,ls t, 6 8.1933, A & O 4 1 9
68%
U n sta m p ed 1st, 6 s ___ 1 9 3 3 , A & O
119
K .C. C .& Sprin g., 1st, 5 g .,1 92 5 , A & O
80
K C. F .S .& M. c o n . 6s, 1 92 8 , M&N
99%
K .C . M em . & B ir .,1 st,5 s ,1 92 7 , M&S
50
K.
C. St. J o . & C . B ., 7 s . .1 9 0 7 , J & J117
L. R o c k & F t. 8., 1 st, 7 s . .1 9 0 5 , J& J
91
L ou is.,E v.& S t.L .,1 st,6 g .l9 2 6 , A & O
2 m ., 5—6 g .............................. 1 9 3 6 , A & O
M ar. H . & O nt., 6 s ........ 1 9 2 5 , A & O
E x te n . 6 s ................................. 1 9 2 3 , J & D
M e x ica n C entral, 4 g . . . 1 9 1 1 , J& J
58
58%
1 st c e n s o l.in c o m e s , 3 g, non -cum . it 15%
2 d co n so l, in co m e s , 3s, n on -cu m . it..
9
N. Y . & N .E n g ,, 1 st, 7 s , 1 90 5 , J& J
111
1st m ort. 6 s ................... 1 9 0 5 , J& J >101
2 d m ort. 6 s .............................. 1 90 2 , F& 99
A
O gden. & L .C .,C o n .6 s ...1 9 2 0 ,A & O it l0 3
16
I n c . 6 s ......................................... 1 920
R u tla n d , 1 st, 6 s .............. 1902, M&N i t . . . . 1 09 %
)t98
8%
Allegheny^ V alf/7 3 4 o f ! 18^6, J& J 108
109
A tla n tic C ity 1st 5 s, g ., 1 9 1 9 ,M &N
1 02 %
MISCELLANEOUS.
B elv id ere D el., 1st, 6 s .. 1 9 0 2 , J& D
A.H ones M in in g ......... (B oston ). 25
■40
■50
G ataw issa, M .,7 s .......... 1 9 0 0 , F & A
1 15%
A tla n t ic M in in g _____
“
25
6%
7% C learfield & J eff., 1st, 6 8 .1 9 2 7 , J & J 118
C ity P a ssen g er R B . . . (B alt.) 25
80
85
C on n ectin g , 6 s ......... 1 9 0 0 -0 4 , M&S
B a y State G as............. (B oston ). 50
6
6% D e l. & B ’d B r’k, 1 st, 7 s . 1 9 0 5 ,F & A 1 24%
B o sto n L a n d ...................
«<
10
4
........ E aston & A m . I s t M .,5 s .1 9 2 0 , M&N 107
C en ten n ia l M in in g ...
“
in
6%
7
E lm ir. & W ilm ., 1st, 6 s . 1910, J & J . 118%
F o r t W ayne E le c tr ic T
“
25
8%
9% H u n t. & B r’ d T op , C on . 5 s .*95,A & O
101%
F ra n k lin M in in g____
**
25
12
1 2 % '|Lehigh N a v. 4 % s ............ 1 91 4 , Q—J
108%
F r e n c h m ’ n ’s B a y L ’ n d
“
5
4
*
2d 6 s, g o ld .................... 1 89 7 , J & D 108
H u r o n M in in g..........
**
25
G en era l m o rt. 4 % s, g_ 1 9 2 4 ,Q —F
102 78
I lin o is Steel .................
• 100
•
Lehigh V a lle y , 1st 6 s . . . 1 8 9 8 , J& D i’ ’ '
K e a rs a rg e M in in g___
“
25
6%l 7
2 d 7 s ................................ 1 9 1 0 , M&S
132
M o r r is Canal guar. 4 . (P h ila .).100 ......... 90
,
C on sol. 6 .........................1 9 2 3 , J& D
127
P re ferred guar. 10“
100 193
......... i N orth P en n . 1 st, 7 s. .. .1 8 9 6 , M & N
108
(B oston). 25
26%| 2 6 % ! G en . M. 7 s .......................1 9 0 3 , J & J i
126
iPullm&n P a lace C a r ..
“
100 ......... 1163%' P en n sy lv a n ia g e n . 6 s, r ..l9 1 0 , V a r 127
128
Q i i n c y M in in g ..........
“
25 105 SllO
C on sol. 6s, c
.............1 90 5 , V a r
120
T a m a ra ck M in in g__
“
25 139
140
C onsol. 5 s, r ................... 1919, V a r
il3 %
T h om .E u rop .E .W eld li
“
100
C ollat. T r. 4 % g ........... 1 91 3 , J & D
U n ited G r fr im p t.
(P h il.)........... ......... 60
P a . & N . Y . C a n a l,7 s ...1 9 0 6 ,J & D
(b o sto n ). 100
1 = 8 .......
Pa. & N. Y . C a „ co n . A & 0 5 S .1 93 9 ,
H U nlisted.
§ A n d a ccru e d in terest.
L a st p r ic e this w eek

07

29%

6 7 ,1 7 3
1,025
159
1,301
63
"1 8 5
215
1 1.2 33
13,0 00
5
1
350
387
265
298
1,673
30
5,411
1 ,752
9 ,7 8 6
410
1 ,2 7 0
14,6 00
71
4 ,5 7 0
200
5 4 ,4 0 4
1 ,177
1 ,2 5 0
32
1,085

B a n g e o f sales In 1893.
L o w e s t.
22%
2%
68
135
122
19%
2 08
170
160
13%
46
81%
66%
28
3%
13
80
33%
49
44%
120
93
7%
19%
62
67%
12%
32
184
50
24
7%
96
6
27%
2 23
4

2 2 ,4 3 4 69
5 4i
70
275 1 8 0
8 70 1 9 %
8 70
6
111 2 8 0
65
80s 54
33 4 3 %
8 ,1 3 7 6 0
36 8 0
61 1 5 %
372 5 0
30 5 5
8
110 1 2 %

June
June
Ju n e
F eb .
J an .
June
J an .
M ay
A p r.
June
J an .
M ay
M ay
M ay
Jun6
M ay
M ay
F eb.
Feb.
F eb .
M ay
June
M ay
June
June
June
M ay
June
M ay
June
M ay
M ay
June
J an.
June
June
M ay

H ig h e st.
15
15
6
13
18
5
3
10
29
9
3
13
15
29
13
11
5
21
21
20
1
2
15
16
1
8
15
5
16
2
12
31
15
27
3
2
31

36%
4%
97%
135
122
29%
227
200
178
22%
62%
103%
83%
49%
6
19%
95
40%
56
62
130
1 50%
13
52
102
70%
18%
50%
2 21
55%
35
26%
1 42 %
9%
42%
232%
7%

J an .
J an .
Jan.
F eb.
J an .
Jan.
F eb.
F eb.
J an .
F eb .
F eb .
Jan .
J an .
F eb.
F eb .
F eb .
F eb .
J an .
Jan.
Jan.
F eb.
Jan.
Jan.
Jan.
Jan.
J an .
F eb.
F eb.
F eb .
Jan.
Jan.
Jan.
F eb.
A p r.
Jan.
M ar.
Jan.

16
14
27
13
18
24
6
6
26
14
14
21
23
3
3
3
6
12
9
27
6
28
16
17
13
23
6
6
6
27
16
25
8
12
27
13
24

M ay 5
M ay 5
M a y 13
M a y 15
June 7
J n n e 16
M a y 22
June 8
A p r. 12
M ay 5
M a y 29
J an . 3
M a y 16
M ar. 8
M a y 11
M a y 15

134%
104%
212
34%
12
320
72%
65
50%
1 14 %
119
26%
54%
61%
11%
18

F eb .
Jan.
Jan.
Jan .
Jan.
J an .
J an .
A p r.
J an .
Jan .
Jan.
F eb.
F eb.
J an .
J an .
J an .

6
19
27
16
17
21
18
10
16
16
18
20
2
20
23
4

B o n d s . ___________
P e rk io m e n , 1st s e r .,5 s .l 9 1 3 , Q—J
P h ila .& E r ie g e n . M. 5 g., 1 92 0 , A&O
Gen. m o rt., 4 g ........... 1 92 0 , A & O
P h ila & R ead , n e w 4 g ., 1 95 8 , J& J
1 st p re f. in co m e , 5 g , 1 9 5 8 , F e b 1
2d p re f. in co m e , 5 g , 1 9 5 8 , F e b . 1
3 d p r e f. in co m e , 5 g , 1 95 8 , F e b . 1
2 d , 7 s ...............................1 8 9 3 , A & O
C onsol, m o rt. 7 s ..........1 911, J& D
C on sol, m o rt. 6 g ..........1 9 1 1 , J& D
Im p r o v e m e n tM . 6 g ., 1 89 7 , A & O
C o n .M .,5 g .,s ta m p e d ,1 9 2 2 , M&N
P hil. R ead . & N. E . 4 s .............. 1 94 2
I n co m e s , series a .....................1952
I n co m e s , series B ................... 1 95 2
P h il. W ilm . & B a lt., 4 s . 1 917, A&O
P itts. C. & 8t. L ., 7 s . . . . 1 9 0 0 , F& A
P o ’k e e p sie B rid g e , 6 g . 1 9 3 6 , F & A
S ck u y l.R .E .S id e ,ls t 5 g .1 9 3 5 , J& D
8 te u b e n .& I n d .,ls t m .,o s .l9 1 4 , J& J
U n ite d N . J ., 6 g ..............1 89 4 , A & O
W arren & F ra n k .,1st,7 s ,1 8 9 6 ,F& A
B o n d s . — B a l t i m o r e . ___
A tla n ta & C hari., 1st 7 s, 1 90 7 , J&J
I n c o m e 6 s ..................... 1 90 0 , A & O
B a ltim o r e B e lt, 1st, 5 s. 1 99 0 , M&N
B a ltim o re & O hio 4 g ., 1 9 3 5 , A & O
P itts. & C onn., 5 g . . . l 9 2 5 , F& A
S taten Isla n d , 2 d, 5 g .1 9 2 6 , J& J
B al.& O hio S .W .,ls t,4 % g .l9 9 0 , J&J
C a p e F .& Y a d .,S e r.A .,6 g .l9 L 6 , J & D
Series B ., 6 g ..................1 91 6 , J & D
S eries C ., 6 g ................. 1 9 1 6 , J & D
Cent. O h io, 4 % g ..............1 93 0 , M&S
C hari. C ol.& A u g. 1st 7 s . 1 89 5 , J& J
G a .C a r. & N or. 1st 5 g . . l 9 2 9 , J&J
N orth . C ent. 6 s ..................1900, J& J
6 s ........................................1 9 0 4 , J & J
S eries A , 5 s . . . . . . . ___ 1 92 6 , J& J
4 ^ 8 .................................. 1 925, A & O
P ied in .& C um ., 1st, 5 g .1 9 1 1 , F & A
P itts. & C onnells. 1st 7 s . 1 89 8 , J& J
V irgin ia M id ., 1st 6 s . . . 1 9 0 6 , M&S
2d S eries, 6 s ...................1911 M&S
3 d S eries, 6 s ................. 1 9 1 6 , M&S
4 th S eries, 3 -4 -5 s....... 1 92 1 , M&S
5 th S eries, 5 s ............... 1 9 2 6 , M&S
W est Va. C .& P . 1st, 6 g .1 9 1 1 , J& J
WeFt’ L N.C. C onsol. 6 g .1 9 1 4 , J& J
W ilm . C ol. & A u g ., 6 s . .1 9 1 0 , J& D

B id . A sk .
300

1 02 %

1 00 % ..........
67

i ‘0 2 % 103
1 25%
103
98

108
115
108
108
102

116
108%

l6 T
115*2 1161*2
103
99
100 % 101

1053i 106*4
89

90
89
102
113

89
103
9 7 is

no
106*2
1101* 111
110
111
no 112
106
105
95
98
1 0 5 % 1 06%
89

MISCELLANEOUS.

B a ltim ore—C ity H a ll6 s . 1 90 0 , Q—J
F u n d in g 6 s ..................... 1 9 0 0 , Q—J
W est M aryl’ d R R . 6 s . . 1 90 2 , J& J
W ater 5 s .......................1916, M&N
F u n d in g 5 s . . . .............. 1 91 6 , M&N
E x ch a n g e 3*33..............1 93 0 , J & J
V irgin ia (State) 3 s, n e w . 1 93 2 , J& J
C hesapeake G a s , 6 s . . . . - 1 9 0 0 , J& D
C on sol. G as, 6 s ................. 1 91 0 , J& D
5 s ....................................... 1 93 9 , J&J
E a u ita b le G as. 6 s ......... 1 91 3 . A&O

..........,118
9 8 % ' 98%
66
67%
104
105
1 1 1 % ..........
100
..........

THE CHRONICLE.

J une 17, 1893.]

1003

NEW YORK STOCK EXCHANGE PRICES (Continued.)—ACTIVE BONDS JUNE 10, AND FOR YEAR 18 9 3 .
Ra il r o a d

and

M is c e l . B o n d s . In te r ’st
P eriod .

Clos’ n y R ange (sa les) in 1893.
P ric e
Low est.
Highest.

JunelS

107 *ob.
A m er. C otton O il, d eb ., 8 g .1 9 0 0 Q - F
A t.T o p .& S .F .—1 0 0 -y r .,4 g .l9 8 9 J A J 80
2d 2*2-4s, g., Cl. “ A ” ___ 1989 A A O 46*4
1 0 0 -y ea r in co m e , 5 g ........ 1989 Sept.
67% a.
A tl. < P a o.—G n ar, 4 g ___ 1937
fe
W .D . i n c .,6 0 ....................... 1910 J A J
5 b.
B ro o k l’ n E le v a t’ d 1st, 6, g . 1 924 A A O 114% b.
C an. S outh.— l e t gu a r., 5 b 1908 J A J 106*4
2 d .5 8 ......................................1913 M A S 100*4
48i4b.
C ent. G a.—8.& W. 1st con .5 8 ,’ 29
C en tra l o f N. J .—C ons., 7 b . 1899 Q - J
C o n so l., 7 b ...........................1902 M A N 121 a.
G e n e ra l m o rtg a g e , 5 g . . l 9 8 7 J & J
L eli.«feW .B .,con .,7s,a s’ d .l 9 0 0 Q—M 105 b.
d o. m o r t g a g e e s ..........1912 M A N
9734 a.
A m . D o c k & I m p ., 5 b. . . . 1921 J A J 109 a.
C en tra l P a oiflo—G old , 6 s .. 1898 J A J 108 b.
C hee. & O h io—M o r t.,6 g . . l 9 1 1 A A O 114 a.
1st c o n s o l.,5 g ....................1939 M A N 100
G en . 4*s8, g ......................... 1 992 M A S
78 b.
R .& A .D iv .,ls t c o n .,2-4 g. 1989 J A J 80
do
2d c o n ., 4 g . . . 1989 J A J 7 8 a.
C hic. B u rl. A Q —C o n .,7 b . 1903 J A J 119 b
D e b e n tu r e , 5 s ..................... 1913 M A N 9 9 a,
C o n v e rtib le 5 s.................... 1903 M A S 100 b
D e n v e r D iv is io n , 4 s ........1922 F A A 9 0 a.
N eb ra sk a E x te n s io n , 4 s . 1927 M A N 3412a,
C hic. A E. 111.—l 8 t ,s .f .,6 s . 1907 J A D 111*4
C o n s o l., 6 g ...........................1934 A A O
G en era l c o n so l. 1 s t ,5 s . . 1937 M A N 97
C h lo a g o & E rie— 1st, 4-5 g .1 9 8 2 M A N 97*2
I n c o m e , 5 s ........................... 1982 O ot’ b’ r 36
C hic. G as L. A C .—1 s t ,5 g . 1937 J A
84*4
C hic. M il. & 8 t.P .—C on .7 s .1 9 0 5
125 b.
1st, S o u th w est D iv ., 6 s .1909
109*2
A
1st, 8o. M in. D iv ., 6 b. . . . 1910
112*4
A
lst,C h .& P a c .W .D iv ., 58.1921
10934b,
A
Chic. A M o .R iv . D iv ., 5 8 .1 9 2 6
A
W ie. & M inn . D iv ., 5 g . . l 9 2 1
A
T e rm in a l, 5 g ..................... 1914
109
A
G en . M . , 4 g., series A . . . 1989
93
A
M il.& N or.—1 st, c o n ., 6s. 1913 J A D 110
C h ic. A N . W.—C on sol., 7 s . . 1915 Q - F
I31*2a.
C ou p on , g o ld . 7 b ................1902 J A D
Binking fu n d , 6 s ................ 1929 A A O 109 b.
S in king fu n d , 5 s ................1929 A A 0 106 b.
S in kin g fu n d d ebet)., 58.1 93 3 M A N 108 b.
2 5 -y e a r d e b e n t u r e ,5 . . . 1909 M A N
E x te n s io n , 4 s ..................... 1926 F A A 94 a.
C hic. P e o . A 8 t . L ou is—5 g . 1928 M A 8 100 a.
C h io .R .I. A P a c .—6fl, c o u p .1917 J A J 121 b.
E x te n s io n an d c o l .,5 s . ..1 9 3 4 J A J 99*2
3 0 -y e a r d eb en t. 5 s ........... 1931 M A S 91 b.
C hic. St. P . M. A O .—6 s ....1 9 3 0 J A D 118
C le v e la n d A C an ton—5 .. .1917 J A J
C, C. C. A I.—C on sol., 7 g .1 9 1 4 J A D
G e n e ra l c o n s o l., 6 g ........1934 J A J
0.
C.C. A S t.L .—P eo. A E .4 s .1 9 4 0 68 b.
A A O
I n c o m e , 4 s ...........................1990 A p ril. 2 0 a,
001. C oal A I r o n —6 g ..........1900 F A A 102 b,
Ool. M id lan d —C on., 4 g . . . l 9 4 0 F A A 52 *2
Ool.H . V al.A T ol.—C on.,5 g . 1931 M A 8 8 6 b.
G en era l, 6 g ......................... 1904 J A D 9 0 a,
D e n v e r A B io G .—1st, 7 g . 1900 M A N 115
lB t c o n s o l.,4 g ....................1936 J A J 86
D e t .B . C ity A A lp en a —6 g . 1913 J A J 6 0 b.
D e t.M a o .A M .—L ’ d g ra n ts .1 9 1 1 A A 0
D u L So. Sh. A A ll.—5 g ___ 1937 J A J 99 a
E .T e n n .V A G .—C on ., 5 g . 1956 M A N
92%
K n o x v ille A O hio, 6 g . . . l 9 2 5 J A J
E liz. L e x . A B i g 8 a n .—5 g .1 9 0 2 M A S
94*sa,
F t. W . A D e n v . C ity—6 g . . 1921 J A D 95 b.
G a l.H .A 8 ,A n .-M .A P .D .ls t ,5 g. M A N 9 4 b.
H a n . A 8 t . J o s .—C ons., 6 s .1911 M A 8 113% b
H ou s. A T e x .C .— G en. 4 s, g .1 9 2 1 A A O
I llin o is C en tra l—4 g ........... 1952 A A O
l n t .A G t .N o — 1 st,6 g. (E x.) 1919 M A N 106 b.
2 d 4*2-58.............................1909 M A 8 65 b.
I o w a C en tra l—1st, 5 g ........1938 J A D 7 6
K e n tu ck y C entral—4 g . . . . 1987 J A J
KingB Co. E l.—1 st, 5 g . .., 1 9 2 5 J A J 101
L a cle d e G as—1st, 5 g ..........1919 Q - F
y% a.
L a k e E rie A W est.—5 g ___ 1937 J A J
L . S hore—C on. c p ., 1 s t ,7 s . 1900 J A J 117% a.
ConBOl. c o u p .,2 d , 7 s ........1903 J A D 117% a.
L o n g Is l d— 1st, co n ., 5 g . . 1931 Q -J
G en era l m o rtg a g e , 4 g . . l 9 3 8 J A D 94 b.
L ouis. A N ash.—C one., 7 8 .1 8 9 8 A A O 108%
N .O . A M ob . l s t , 6 g ........1930 J A J 119 b.
d o.
2 d, 6 g ..........1930 J A J 105 b.
G en era l, 6 g .........................1930 J A D 115Mb.
U nified, 4 g ......................... 1940 J A J 82
N a sh .F l.A 8 h .— l s t g t d .5 g .’ 37 F A A 9 8 b.
L o u is. N .A . A C h .—1st, 6 b . 1910 J A J 108 b.
C o n s o l., 6 g ........ .................1916 A A O 99
L ou is. St. L . A T e x a s —6 g .1 9 1 7 F A A
M e tro . E le v a te d —1 st, 6 g .1 9 0 8 J A J 117 b.
2 d , 6 b ....................................1899 M A N 104
M ich . C en t.—1 s t ,co n ., 7 s . .1 9 0 2 M A N 117%
C o n s o l., 5s .........................1902 M A N
M il .L a k e Sh. A W — 1 st,6 g . 1921 'M A N 123 b.
E x te n . A I m p ., 5 g ..........1929 F A A 106*2
M . K . A T .—1 st 4s, g ..........1990 J A D 78
2 d, 4 b, g ................................ 1990 F A A 43
M o . JPaolilo— l e t , co n ., 3 g . 1920 M A N 105
3 d, 7 s ................................... 1906 M A N
P a c . o f M o.—1st, e x ., 4 g . 1938 F A A 98% b.

108
M ay
78 J u n e
44*2 J u n e
50 M ay
66
M ay
5 M ay
114 M ay
105 J an.
99
Ju n e
50
M ay
113*2 A p r.
118
M ay
1 08% Jan .
104
M ay
95 Jan.
108*2 Jan.
108 M ar.
114*2 M ay
993i Ju n e
77*2 M ay
78*2 Jan .
Jan .
77
117*2 Mar.
98*2 M ay
100 M ay
88»* Ju n e
8 4 % J une
111*4 J u n e
M ay
118
95
June
95
M ay
35
M ay
84 Ju n e
125 Feb.
109*2 Ju u e
111
M ay
108*4 Jan.
102*2 Jan.
105 Jan .
105*2 Jan.
90*2 Jan.
110 J u n e
130*2 J u n e
119 J u n e
110*4 M ay
106 A p r.
106*4 Jan.
100 J u n e
94
A pr.
95
June
120 Jan .
98 M ay
9 0 % M ay
117*2 J u n e
89 J u n e
119
M ay
118 J u n e
66 M ay
18
M ay
100*2 J u u e
52*2 J u n e
86
M ay
93
Ju n e
114*2 May
84
Jan.
65 Jan .
25
M av
97
Jan.
90 M ay
100 Jan.
94 M ay
95
Ju n e
9 4 M ay
113*2 M ay
63% M ay
100*2 Jan .
107
M ay
63*2 M a y
76 June
84 Jan .
99*2 Jan .
78
Juno
108*4 Jan.
117 J u n e
118
Juue
113*2 Feb.
93*2 J u n e
108 J u n e
119 Jan .
108
A pr.
115 J u n e
80*4 Jan .
99% Mar.
M ar.
108
99 J u n e
87 J u n e
116 Jan .
103% J u n e
117*2 M ay
104*2 M ay
1 22% M ay
1 0 4 Mar.
7 7 % Ju n e
4038 M ay
102
J une
1 05
J une
98*2 A pr.

114*2 Jan.
8 3 % Feb.
57*8 Jan.
5 7 Jan.
71% Jan.
11*2 Jan.
120*8 Mar.
107*2 Feb.
103*2 Jan .
7 0% Jan.
116 M ar.
122 Feb.
112*2 A pr.
110 Jan.
100 A p r.
109% Feb.
109*8 Jan.
118
Feb.
106 Feb.
85% Feb.
82% Feb.
8 0 Feb.
1 21% A p r.
102% Jan.
108*4 Jan.
9434 Jan.
88% Jan.
116 A pr.
1 23% Mar.
103 A p r.
103*2 Feb.
44% Jan.
92*4 Feb.
129 A p r.
114% A p r.
116% Feb.
112 M ay
105
A pr.
108 Apr.
109 J u n e
9 5 A p r.
115
Feb.
138 Jan.
123 M ar.
115 Feb.
109 Jan.
112 Feb.
106*4 Mar.
98 Jan .
100 M ar.
125 Jan .
101% Feb.
97*2 Feb.
123 Mar.
92*2 A p r.
119 M a y
122% Feb.
7 9 Jan .
2 6% Jan.
106 Jan.
67 Jan .
94*2 Jan .
9 9 A p r.
119
A pr.
88*2 Feb.
7 4 Jan .
4 0 J an.
103
A pr.
94
A p r.
104*2 Feb.
101 Feb.
101
A pr.
9 7 % Feb.
117*2 F eb.
7 0 Jan .
105 M ar.
113 A p r.
7 2% Feb.
9 0 Fel).
87
A pr.
103*2 F eb.
87% Jan.
113 F eb .
119 Jan .
122*2 Jan .
116% Feb.
96 Jan .
113 Jan .
123*8 A p r.
110
Feb.
1 9 % A p r.
83*2 Feb.
101
Mar.
111 Jan.
109 Jan.
9 8% Jan.
118*2 F eb.
108*2 Feb.
122*2 A p r.
106% A p r.
127*2 Jan.
109% Jan.
82% F eb.
50*2 Jan.
113
Mar.
115*8 A p r.
102 Jan .

R a il r o a d

an d

! Olos’ yig R ange (sa tes) in 1 8 9 3 .
M is c e l . B o n d s . In ter’H P rice
t\
P eriod. J u n e 16
Lowest. | H ighest

Pac. o f M o.— 2d e x ten. 5a. 1938 J A J l l0 7 a 106*2 J an . 1108*4 J an .
M obile & O hio— N ew , 6 g . . 1927 J A Dl 109
109 J u n e 1115% A p r
G eneral m o rtg a g e , 4 s . . . 1938 M A 8 1 56 a
55
M ay I 6 3 Jan .
Nash. Ch. & S t.L .—l e t , 7 b. 1913 J A JI125 b. 125 Jan . 1130 J an .
C on ., 5 g ...............................1928 A A O 102% b. 101*2 M a y 105 F eb ,
N .Y . C ent.—D e b t E x t ., 4 s . 1905•M A N 99
99
J u n e 103 M ar.
1st, o o u p o n ,7 s ....................1903t J A J 123 a. 121% Jan. 124 F eb.
D eb en ., 58, co u p ., 1 8 8 4 .. 1904 M A 8 106% a. 106
Mar. 108*2 Jan .
N. Y . A H arlem —7 s .r e g . 1900>M A N
115
M a y 119*2 F eb.
R . W. A O g d .—C on., 5 s. .1 9 2 2 A A O 110
110 J u n e 115 F eb.
N. Y. Ohio. A 8 t. L . - 4 g . . .1 9 3 7 A A O 9 4
93
M ay
99*4 F eb.
N. Y . E lev a ted —7 s ................1906) J A
110*4b. 109% Ju n e 111*2 Jan .
N. Y . L ack. & W . - l s t , 6 s .. 1921. J A
125
F eb .
12,3*2 J u n e i131
110 b. 110
Mar. |114 J an .
C o n stru ctio n , 5 s ................1 923; F A
N .Y .L .E .& W .— 1 st,co n .,7 g . 1920 M A
132 a. 130% June 139*2 J an .
101
Jan. i 102% A p r.
L o n g D o c k , 7 s ....................1893\ J A
123 b. 122 Jan . 125 F eb.
C onsol., 6 g ....................... 1935• A A
2d co n s o l., o g ................... 19691J A D 92 b. 89% J u n e j 105 F e b .
M ar.
86*2 Feb.
N. Y. O. A W .- R e f . 4a, g .,1 9 9 2! M A 8 8 2 b. 82
C onsol. 1st, 5 g ..................1939>J A D 104*4
103*2 J u n e 103*2 Jan .
N .Y .S us.& W .—l6 t r e f ., 5 g .1 9 3 7’ J A J 100 b. 105
Jan. 107*2 Mar.
M idland o f N. J .. 6 g . . . . l 9 1 0 ' A A O
113% M ay 120% M ar.
98
June
N orf. A S outh.-*-lst, 5 g. ..1 9 4 1 M A N 9 8 a. 93 June
81% May
N orf. A W.—100-year, 5 g .1 9 9 0
A J
9 0 J an .
A J 8 4 a. 84% A p r.
91
J an .
M d.& W ash. D iv .-lB t ,5 g.1941
May 118 Feb.
N o rth .P a c.— 1st, c o u p ., 6 g . 1921 J A J 1 15 b. 115
109 J u n e 115 F eb.
G en eral, 2d, c o u p ., 6 g . . l 9 3 3 A A O 109*4
G en era l, 3 d, co u p ., 6 g . . l 9 3 7 ' J A D 102
F eb.
101*4 Ju n e 108
M ay
74
F eb.
C onsol. m o r t .,5 g .............. 19891 J A D 62*2b. 58
Chic. & N .P .—1st, 5 g . .. 1940) A A O 71% a. 66 Ju n e 80*2 Feb.
89*2 F eb .
N orth. Pao. & M on .—6
1938 M & 8 75 b. 79% M ay
N orth. P ao. T er. C o.—6 g . . 19331 J A J
100
____
Jan. 1 04
F eb.
Ohio &Mi88.—C o n s .s .f.,7 s . 1898 r A J . 108
108% J u n e 1112 F eb.
C onsol., 7 s ...........................1898! J A J! 108
107*2 J u n e 1110*2 Mar.
O hio S outhern—1st, 6 g . ..l 9 2 1 J A D 105
105 J u n e 109 J an .
50 J u n e
64
J an .
G en era l rnort., 4 g ........... 1921 M & N 51
60
F eb.
6 8 J an .
Om aha & S t.L o u is —4 g _ ..1 9 3 7 J A J 58
97 J u n e 105
F eb .
O regon Im p. Co. - 1 s t , 6 g . 1 9 10>J & D 98
C onsol., 5 g ......................... 19391 A & O' 5 1 %
48*2 M ay l 6 7 F eb.
Jan . 112 M ar.
O r e .R .& N a v .C o .—l e t , 6 g . 1909» J A J i l l a. 108
C onsol., 5 g ........................... 19251 J & Dl 86*2
86*2 J u n e I 94*2 F eb.
J an . ,110*2 A p r,
Pa. C o.—4 % g ., c o u p o n ....1 9 2 1
106
J 109
P eo. D e o .& E v a n s v .—6 g . . l 9 2 0
J 103
100*2 M a y 104 M ar.
M a y 105 F eb .
E v a n s v ille D iv ., 6 g ___ 1920 1 M A 8 96
93
2d m o rt.,5 g ....................... 1921 M A N 66
72
F eb.
65 A p r.
Phila. A R ea d .—G en ., 4 g .1 9 5 8 J A J 68
66
Ju n e 95*4 J an .
Feb,
31
1st p ref. in co m e , 5 g ........1958
30% Ju n e 7 6 % Jan .
21%
7 0 J an ,
21 M ay
Feb.
2d p ref. in co m e , 5 g ........1958
6 2 % J an .
Feb.
3d pref. in co m e , 5 g ........ 1958
16%
16 M ay
88
A p r.
P ittsb u rg A W estern—4 g .1 9 1 7 J A J 86 a. 81
Jan.
R ich. < D a n v .—C on ., 6 g . . ! 9 1 5 > J A J 107*2b. 103 J an . I l l
fe
F eb,
C on sol., 5 g ..............
1936 A A O 72 %b. 67 Jan .
78*2 Mar.
R ich.& W .P .T er.-T r u s t ,6 g . 1897 F A A i 59
83% F eb.
56
M ay
F eb,
Con. 1st A co l. tru st, 5 g . 1 9 14, M A 8 27
24*2 Ju u e 5 2
R io G. W estern—1st, 4 g .,1 9 3 9 I J A J 74%
74
78
F eb.
M ay
St. J o . A Gr. Isla n d —6 g . . 1925 M A N 87 a. 86
96 Jan.
M ay
St L . A Iro n M t. 1st e x t. 5 s .’ 97 F A A
100*2 M ay 103*2 J an .
2 d, 7 g ................................... 1897 ' M A N 105 b. 104 ■Muy L09 A p r.
99
C airo A rk. A T e x a s . 7 g ,.1 8 9 7 •J A D 98*2
Ju n e 104% Mar.
Gen. R’ y A l a n d g r .,5 g ..l 9 3 1 A A O 82%
80 J u n e 9 0 % Jan .
St.L. A San F r —6 g .,C l.B .1 9 0 6I M A N 108 b. 109
M a y 114*2 A p r.
6 g., Class C ....................... 1906 M A N 109 a. 111
M ay 114*2 A p r.
G en era l rn ort., 6 g . . '........1931 J A J 105 b. 106*2 Jan. 111*2 A pr.
68
Apr.
St. L. S o.W est.—1st, 49, g . . 1989I M A N 62 %b. 62% M ay
2d, 4s, g., i n c o m e .............. 19891 J A J 22
2 8 % Feb.
21*2 Ju n e
8.P .M .A M .—D ak. E x ., 6 g .1 9 1 0 1 M A N 115 b. 115
M ay 119*2 A p r.
A J I1 8% a . 118
1 st co n so l., 6 g .................. 1933
M ay 123*2 M ar.
A J 102 a. 100 Jan. 103*2 A p r.
do
re d u c e d to 4*2 g . .
A D 88
91 J a n .
M o n ta n a E x te n s io n , 4 g .1 9 3 7
88
Jan.
San A . A A ra n . P .— 1st, 6 g . 1916
A J 68
7 6 M ar.
70
M ay
7 6 M a r.
1st, 6 g .................................. 1926J J A J 68
66
Jan.
S eattle L .8 .A E .— 1 st,gu. 6 .1 9 3 1 F A A 75
31*2 J u n e 92% J an .
9 9 A p r.
70 M ay
65
S eo’t y C o r p .(N .C o rd .)l8 to o n .6 s M A N
8 0 .C ar.—1st, 6 g . , e x c o u p . 1920
104
105
May. 106 F e b .
97 A p r. 100*2 Jan.
80. P a c., A r i z . - 6 g . . . . . 1909-10 J &
100
80. P a cific,C a l.—6 g . . . . 1905-12 A A
113
M ay 115 F e b ,
1st, c o n so l., g o ld , 5 g ___ 1938 A &
93
A p r.
9 7 % J an .
103 M ay 105% F eb.
80. P a cific, N .M .—6 g ..........1911 J A
103*4
95
F eb.
T e n n .C .I. A R y .—T e n .D ., 1st, 6 A A
7 5 t>. 80 M ay
B irm . D iv ., 6 g ...................191 J
8 3 b. 83 J u n e 95*« J an .
T ex. A P a c .—1st, 5 g ........... 2000 J A D 71*2b. 71*2 June 81 J an .
29*4 J an .
2 d, in co m e , 5 g ...................2000 M arch. 19
17*2 M ay
T ol. A . A . A N . M . - 6 g ........1924 M A N 9 0 a. 103 J an . 108*2 Jan .
A p r,
T ol. A Ohio C ent.—5 g ........ 1935 J & J 105% b. 102*4 M ay 1 09
81 J an ,
M ay
T ol. P e o . A W est.—4 g ........ 1917 J & J 7 5 b, 76
T ol. S t.L . A K a n . C.—6 g . . 1916 J A D 60
60
June 90*2 J a n .
O nion P acific— 6 g ................ 1899 J A J 109 b. 109 Jan . 1 10% J a n .
S in king fu n d . 8 s .................1893 M A S 102% b. 101
M ar. 1 05 % F ob .
6 0 J u n e 73*2 J a n ,
60
C ollat. tru st 4*2..................1918 M A N
M ay 102% J an .
G old 6s, co l. tru st n o te s . 1894 F A A 9 8 %
95
K a n . P a o .-D e n .D 1 v .-6 g .1 8 9 9 M A N 109 *2b. 109*2 M ay 113*2 A p r.
lB to o n s o l.,6 g ................ 1919 M A N 104
103% J u n e 112*2 A p r.
O regon S hort L in e—6 g . . l 9 2 2 F A A 100% a. 100*2 M ay 109 J a n ,
80*2 Jan .
O r.S .L .A U t’ hN .—C on.5 g.1919 A A O 69
65*2 Ju n e
7 5 % Jan .
U .P .D e n .A G u lf con . 5 g .1 9 3 9 J A D 64% b. 6 6% M ay
O n io n E le v a te d —6 g ..........1937 M A N 112*2
112*2 J u n e 1 17 % A p r.
86
A p r.
Jan.
77
V irgin ia M id.—G en . m .,5 s , 1936 M A N
8 6 A p r.
80*2 J an .
do
sta m p e d g u a r . M A N
100
May- 106*2 A p r.
W abash—1st, 0 g .................. 1939 M A N 1 00%
M ay
82*2 Jan .
71
2d m o rtga ge , 5 g ...............1 93 9 . F A A 7 2 %
25
Juue 3 9 J an ,
D e b e n t .M .f series B ........1939 J A J 28
99*2 A p r. 103*4 F eb .
W est Shore—G u ar., 4 a ........2361 J A J 100*2
W est. N. Y . A P a .—1st, 5 g .1 9 3 7 J A J 102*2 102 Jan . 105 F eb .
22*2 J u n e 3 3 J a n .
2d r n o rt..3 g .,5 a o ................1927 A A O' 22*2
M ar. 106 J a n .
W est. U n .T e L —C ol. t r .,5 s . 1938 J
A J 103
b. 103
M ar. 92*2 J a n .
Wia. C ent. C o.—1st, 5 g .... 1937 J A J 88 a. 87
35
F eb .
Apr.
In co m e , 5 g ........................ 1937 . . . . . . . .
21 b 25

g...

N o t e .—4 b ” in d ica tes p rice b i d ; “ a ” p rice a s k e d ; the R an ge is m ad e u p from a ctu a l sales on ly .
1

* L a te st p r ic e this w eek,

t T ru st re c ts .

NEW YORK STOCK EXCHANGE PRICES.—STATE BONDS JUNE a6.
S E C U R IT IE S .
A la b a m a —C lass A , 4 to 5 ........ 1 906
Class B , 5 s ................................ 1906
C lass C, 4 s .................................. 1 906
C u rre n cy fu n d in g 4 s .............. 1 920
A rk a n sas—6s, fu n d ,H o i. 1 89 9 -1 90 0
d l . N o n -H o lfo rd
7 s, A rk a n sas C en tra l S R .............
L o u isia n a —7 s , e o n s ....................1914
S ta m p ed 4 s .........................................
M isso u ri - F u n d ................1894.-1895

B id.

A sk.

S E C U R IT IE S .

B id .

N ew Y o r k —6s, lo a n ___ ......... 1893
........... JA J
......... 1 900
1 89 2 1 898
C hatham R R _______
105
92

97

30
10
15
1

......... 1910
6 s ..................................... ......... 1919
1 89 3 -1 89 4
8 ou th C arolin a —6s. n o n -fu n d . 1 888

1

A sk.

S E C U R IT IE S .

.......... S.C. (co n td —B r o w n co n so l.6 s .1 8 9 3
T e n n e ss e e --6 s , o l d ......... 1 89 2-1898
C om p rom ise, 3-4-5-68............ 1912
N ew se ttle m e n t, 6 s ................1913
5 s ...................................................1913
2V
3 s ................................................... 1913
V irgin ia — 6s, o l d ................................
| 6s, c o n so lid a te d b o n d s ...................
1 6s, co n so lid a te d , 2 d s e r ie s ,r e c ts .
6s, d e fe rre d t ’s t re o ’ ts. stu m p ed .
2%

B id .

A sk .
-------

102
70

3

j 73

1

4

THE CHRONICLE

1 004
GENERAL

fV o i. LVI.

QUOTATIONS OF STOCKS AND

BONDS.

o 'h s r q u ota Cions are fr e q u e n tly > a iH p w s h ir e .
f d , ” f o r g i- ir a a t e e d ; “ e n d .,” fo r e n d o r s e d ; “ o o m ).”
f o r co n so lid a ted ;** c o n v .” fo r c o n v e r t ib le ; “ 8. f .,” fo r sin k in g s a n d ; “ 1. g .,” f o r las '
Q u otations in N ew Y o rk a re to T h u rsd a y ; fro m och er cities, to la te m ail da tes.
S u b s c r i b e r s w i l l c o n f e r a f a v o r by g i v i n g n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e Q u o t a t i o n s ,
U n it e d St a t e s B o n d s .

B id .

U N IT E D S T A T E S B O N D S .
98
2s, o p tion U . S., r e g ................. Q—M
* s , 1 9 0 7 .............................r e g . . . Q —J 110
111
*8, 1 9 0 7 ......................... c o u p .. .Q —J
6 s, C u rren cy, 1 8 9 5 ........ r e g — J&J 1 0 2 is
fie, C urren cy, 1 8 9 6 ........ r e g — J&J 105
6 », C u rre n cy , 1 8 9 7 ........ r e g — J&J 107is
6e, C u rren cy , 1 8 9 8 ........ r e g — J&J 111
6a, C u rren cy, 1 8 9 9 ........ r e g — J&J 113
S T A T E S E C U R IT IE S .
Alabamar—Class “ A ,” 4 to 5 , 1 9 0 6 .. 100
103
Class “ B ,” 5a, 1 9 0 6 .................... .
Class ‘ * 0 ,” 4s, 1 9 0 6 . . ....................
C urren cy fu n d in g 4s, 1 9 2 0 .........
3
A rk a n .—6s, fu n d .,,99.H olford-J& .5
160
6 s, fu n d ., a o u -H o lfo rd ...........J&J
5
7s, L . R . & F t. S .issu e,1 9 0 0.A & C
5
7a, M em phis & L .R ., 1 8 9 9 .A & O
5
78,L . R .P . B. & N . O ., 1 9 0 0 .A & O
5
7fl,M i8S.O. & R . R iv .,1 9 0 0 .A & O
3
To, A rk. C entral R R .,1 9 0 0 .A & O
C onnectlc*t-N ew ,rg.,3 4 s , 1 90 3 . J&J 6100
N ew , reg. o r cou p ., 3s, 1 9 1 0 ........ § 9 6
D iet.C ol.—C ona.3-65s,1924,cp.F& A 109
F un din g 5s, 1 8 9 9 ......................J&J 105
F un d . lD a n (L eg .)6 s,g., 1 9 0 2 ..Y a r 106
W ater s tock , 7 s, 1 9 0 1 ..................... 114
do
7s, 1 9 0 3 ......................1 116
F lorid a —C onsol, g o ld 6 s ........J & J § —
G eorgia —1 4 s , 1 9 1 5 .....................J& J
3 4 s , 1 9 1 ? to 1 9 3 6 ................... J& J
In d ia n a —TenEy loan, 3 4 s , 1 8 9 5 ...
R e fu u d iu g , 3 4 s , 1 8 9 5 ....................
S ta te H ouse, 3 4 s , 1 8 9 5 .................
T em p ora ry loa n , 3s. 1 8 9 9 .............
L ouisian a—C o n s o l.7 s , 1 91 4 . ..J & J
Stam ped 4 per cen t, 1 9 1 4 -----J& J
N ew co n sol 4s, 1 914................J& J
M o n e —N ew 3s. 1899 1 9 2 9 . . . .J& D § 99
90
M a ry la n d —3s, gold , 1 9 0 0 ......... J&J
3-65s, 1 8 9 9 ........
J& J
M.i8sacUusett8-5s, g o ld , 1 8 9 4 ..J&J, § 1 0 1 4
6s, gold, 1 89 7 ............................ M&S &106
M u in osota—A d j, 4 4 s , 1 9 1 2 ,1 0 -3 0 . § 97M issouri— Fund. 6s, 1894-95 ...J& J 1 0 1 4
N ’ W H ainpsh’ e—6s, J an., 1894. J & J 101
War loan, Gs, 1 9 0 5 .................J & J 123 4
101
N >w V ora — os, gold , 1 8 9 3 ----- A & O
30
N o.C aroiiua—Gs, old , 1 8 8 6 -’ 9 8 . J&J
8s N. C. R R ., 1 8 8 3 -5 ......... J & J
bs
do
7 cou p on s o ff . ..A & O
6s, fin ding a ct o f 1 8 6 6 .1 9 0 0 . J&J
10
6s, ii*-w bonds, 1 8 9 2 -8 ..............J&J
15
6S, C hatham R R .......................A&O
2
6e, special ta x ,cla ss 1,1898-9A& U
97
4», new , con s , 1 9 1 0 ............. J & J
6 s. 1919 . . . .
A&O
North D a kota —F ’d ed 4s, 1 921. J&J § i o o
Penn. — is, n o w ,re g .,’9 2 -1 9 0 2 ..F&A
46, cog., 1 91 2 ...............
F & A 116%
R hode U r d —6s, 1 8 9 3 -4 , c o u p . J &J 100
1
S >utli Carolina—6a,N on-fund., 1888
B row n con sols, 6s, 1 893 ___ J& J 1 0 0 4
B lur con sols, 4 4 s , 1 9 2 8 ........J& J 102
South D.«k,ota4 4 s , 1 897........
3 4 s , refu n d in g, re g , 1 912 ..J & J 5102%
62
Xeiiiietsoct?— Os, untunded...........J&J
C om prom ise, 3-4-5-6 b, 1 9 1 2 ..J&J
72
Settlem ent, 6s, 1 913..............J& J
S ettlem ent, 5s, 1 913..............J& J
settlem en t, 3s, 1 9 1 3 ..............J& J
70
T
1b, gold , 1 9 0 4 ................. J&J
U tah Ter. 5s, 1 90 0 -1 91 0 ........... J&J $110
V irgin ia —6s, old , 1 88 6 -’ 9 5 . . . J & J
6a, now b ond s, 1 8 6 6 .............J & J
Oa, con sols, 1905. e x -c o u p ___ J&J
6a, co n so l., 2d s eries..................J&J,
6s, deferred bon a s ...........................
3
3
I)o trust receip ts, sta t p e d . .
67
> ?ew 38(R tddleberger), 1 9 5 ^ .J & J
C entury b on d s..........................
50
C oupons, tru st r e c e ip ts ......... .
m i l S E C U R IT IE S .
$120
4s, 1920 to 1 930 .
} 98
A lleg h en y , Pa.—5a,
100
§106
§H >14
$10o
3-88, refu nded. 1895, reg . ..J& J
§ 93
no
6s, 1895-6 ..........
I 102
6a. 191 4 -1 5 ........
I HO
4 4 s , 1 9 1 6 ........... — .................J&J
98
a igu sta, M e.—6s, 1 90 5 , Fund .J& J §117
A ugusta, G a.—6s, 1 9 0 5 .................J,\J 109
B altim ore— Ss, b ou n ty, 1 8 9 3 .M & 8 106
6s, w ater, 1 3 9 4 ........................ MAN 100%
6s, 1 9 0 0 ..................................
Q—J
6s, W e st.M d . R R ., 1 9 0 2 .. .. j & j
6s, 1 9 1 6 ......................................M&N
4s, 1 9 2 0 .................... : ................Q - j
i ‘0‘7
3 4 s , 1 9 2 8 .................................. .J&J
$118
$H 0
B ath , M e.—6s, 1 90 2 .
$104
6s, 1897....... ..............
§102 4
_ 4 s, 1 9 2 1 ..................... • • -...-...J & J $ 98
- - -•
ijoixaar, m e.—us, ra ilroa d aid ,’ 9 8 . . , 5105
B irm ingham , A la .—5 g., 1 92 0 A&O § 96
§1244
§114
--------------9 1 7 .......................... ..
$106
W ater 3 4 s , N917.................... A & o § 95%
§ 89
140
135
116

* Price no n lr al.

A sk.

C i t y S e c u r it ie s .

| B id .

A sk.

C i t y Se c u r i t i e s .

B id . I A sk.

: 100
105
N. B ru n sw ick ,N . J .— 6s, 1 9 0 6 ..V ar 105 i_____^
90
95
N e w O rlea n s, L a .— P rem iu m 5s . . . 1 6 4 4 165
§135
C ons. 6s, 1 9 2 3 ,e x t. G rossm an. J& J 1 0 4 4 1043a
110% B uffalo, N .Y .—7s, 1 9 2 4 -5 .
§100
48, 1 94 2 ........................................J& J 101681
_____
111%
i 97
N .Y . C ity— 7s, 1 9 0 0 .................... M&N $117
6s, 1 9 0 0 .......................................M&N
§ 90
: 3 02
6‘s, g o ld , 1 9 0 1 ..............................J&J
;§106% 106%
5s, 1 9 0 8 ....................
M&N
120
5 s, g o ld , 1 8 9 6 ........................... M&N
|4U9
4s, 1 9 0 6 ....................................... M&N
§ 9 6 4 97
W ater 3 4 s , 1911
3 4 s . 1 9 0 4 ................................M & N
C am den, N. J .—7s. 1 903 ........... J&J § .........
105
101
3s, 1 9 0 7 ................. , ...................A&O
k a rleston ,8 .C .—C o n v .7 s,’ 9 7 rA & 0 *100
100
107
88%
P a rk , 2 4 s , 2 0 - 4 s ..................... M&N
93
C onv. 4s, 1 9 0 9 ............................J&J
95
5110
112
N orfolk , V a .—8s, W ater, 1 9 0 1 .M&N
120
C hicago, 111.—7s, 1 89 9
105
5s, 1 9 1 6 .......................................A&O
§103
7s, 1 8 9 5 ...................... .
8
§100
N o rw ich , C t.—5s, 1 9 0 7 ............... A&O
4 4 s , 1 9 0 0 ....................
190
§ 95
O m aha, N e b .—P a v in g 5s, 1 9 0 5 . . . .
3 -6 5 s, 1 9 0 2 .................
100
5s, 1 9 1 2 . .............................................
97
4s, 1 9 1 1 ....................
4 4 s , 1 9 1 0 ...............
.J & J
4 s, W orld ’ s F a ir, 1 9 2 1 ............ J& J
9 9 4 99%
15
102
§100
P a terson , N. J .— 7s, 1 9 0 0 ...................
C ook Co. 4 4 s , 1 9 0 0 ----6s, 1 9 0 1 ................................................
1034
111
W est C h ica g o 5 s, 1 89 9
*8"
106
4s, 1 9 0 8 ..................................................
101
L in co ln P a rk 7 s, 1 8 9 5 .
no
P etersbu rg, V a.— 6s, l o n g ......... J&J
§108
S a n ita ry Diet. 5s, 1912
P hila d elp h ia , P a .— 6s, 1 8 9 6 ___ J&J
C in cin n a ti, O .—7*30s, 1 9 0 2 ...J & J § 1 1 8 4 n o
112
121
6s, 1 9 0 4 -5 -6 .................................. J& J
7s, 1 9 0 8 ......................................... Y a r §120
115
P ittsb u rg , P a .—5 s, 1 9 1 3 ............J& J
6s, g o ld , 1 9 0 6 ...........................M&N §114
7s, 1 9 1 2 ...........................................Vai
4 s, 1 9 0 5 ................
V ar 5 99% 1 0 0 4
4 s, 19 L5........................................J& D
4s, 30-50s, sink, fu n d , 1 9 3 1 . J&J §100% 100%
1164
6s, C on sol., 1 90 4 r e g ................J&J
1084
5 s, 30-5 0 s, sink, fu n d , 1930. M&N §108
120
1 0 1 4 P ortla n d ,M e.— 6s, R R. A id , 1907M & S
115
H a m ilton C ou n ty 4 s. 1 9 3 7 ............ §101
103
4s, fu n d e d , 1 9 0 2 -1 9 1 2 ..........J&J
99
C levelan d , O .—7s, 1 8 9 4 ........... A & O § lu 2
4s, 1 9 1 3 ...................................... M&S
6s, 1 9 0 0 ....................................... M&S § 1 1 2 4 114
5s, 1 9 0 7 ....................................... J& D §109% 1 0 9 4 P o rtla n d , O re.—G o ld 6s,192u.M & N
3 0 y e a r 5 s ............................. , ............
F u n d ed d e b t 4s, A p ril, 1 9 0 2 . J& J
106
P o rts m o u th , N .H .— 6 s ,’ 9 7 ,R R . J&J
99
C olu m bus, G a.—7 s .......................V ar 105
100
5s
P ou g h k eep sie, N . Y .—7 s,w a te r Ions
P ro v id e n ce , R .I .—5s, g .,1 9 0 0 ... J&J
C olu m bus, 6 . --4 4 s , 1 9 0 2 ......... J & j §100
97
1084
68, g o ld , 1 9 0 0 , w a te r l o a n .. J & J
C ovin g ton . K y .— 4s, 1 92 7 , new .J& J § 99
994
1144
104
105
4 4 s , 1 8 9 9 ....................................J& D
5 s, 1 9 2 0 .................................. ...F & A §103
100
8s, 1 8 9 9 ....................................* ..J & J §114
4 b, 1 9 1 1 ........................................ J & J
1174
* 9 9 "’
100
103
3 4 s , g o ld , 1 9 1 6 .........................M&S
D a llas, T e x .—5s, St. Im p ’m ’ t, 1923
104
102
5s, w a ter, 1 9 2 0 ...............................
Q u in cy 111.— 6s, 1 8 9 8 ..................J& J
D en ver.C ol.— Pub. im .4 s ,1904. M&S § 95
R a h w a y , N. J .—O ld 7 s . . . ...................
107
D u lu th , M inn .—4s, 1 9 2 0 ........... J&J § 9 5
N ew a d ju stm e n t, 4 s .........................
R e a d in g , P a .—4s. 1 9 2 0 . . . . ___A&O
D etroit, M ich .—7s, 1 8 9 4 ........... F&A § 1 0 2 4 103
1014
6s, W. L ., 1 9 0 6 ..............
J& D § L24 1 26
R ich m o n d , V a .— 6 s, 1 9 0 I-1 9 1 0 J & J
125
3 4 s , 1 9 1 1 ....................................J& D
9 8 4 97
8 s, 1 9 0 4 -1 9 1 0 .............................. J&J
5 s, 1 921 & 1 9 2 2 ......................... J&J 105
E rie, Pa.—C onsol. 7s, 1894 ___ J&J § u o
82
E liza beth , N, J .—N ew 4 s,1 9 2 2 .J&J
4 s, 1 9 2 0 .................................... ............
87
R o a n o k e ,V a ., 6 s ......... -..1 9 0 8 -1 9 2 1
E va n sville, In d ., com p rom . 4s,19L2 § ..........
.......... F itch b u rg , M ass.—6s.’0 5 ,W .L .. J&J §121
122
R o ch e ste r, N. Y,—7s, W ater, 1 9 0 3 ..
4 s, 1 9 1 2 ........................................F&A
i G a lveston , T e x .— 5s, 1 9 2 0 ___ J& D
95
974
S alem , O regon , 5 s .......................1 912
G r’ n d R ap id s, M ich .—5s, 1 9 0 4 .J& J
St. J o s e p h ,M o .—6s, 1 90 3 .. ... F & A
5
W ater, 8s, 1895 ..................... ..J & D
H a rrisbu rg, P a .—6s, 1 895 ........J&J lioa
C o m p ’ m ise 4 s, 1 9 0 1 .................. F& a
102
W ater 6s, 1 9 0 3 ...........................J & J §108
St. L ou is, M o.— 6s, 1 8 9 9 .............Vai
6s, g o ld , 1 8 9 4 .................................... .
127
H a rtfo rd , C onn.—6s, 1 8 9 7 ........J& J §104
T ow n s. 3 s, 1 909
§ 90
5s, 1 9 0 0 .................................................
10 L i 4 s, 1 9 0 5 ........... .....................................
H a v erh ill, M ass.—4s, 1 9 0 2 ...A & O §LC0
4s, 1 9 2 2 ........................................A& O § 1 0 0 4 1 0 1 4 '
3 -65s, 1 9 0 7 .....................- ...................
H ob ok en , N J — Im p ,6 s, 1898. J& D
St. L . Co.— 6 8 ,1 9 0 5 ................... A&O
97
do
5 8 ,1 9 0 1 .........M &N £
8t. P a u l, M in n .— 4s, 1 9 1 2 ............... ..
2*8
H ou ston , T e x .—6s, 1918.
L03 108
4 4 s , 1 9 1 6 .............................................
6s, 1 9 1 2 . . . .....................
102
—
5s, 1 9 1 5 .................................................
108
90
95
6s, 1 9 0 4 ...............................................
C om p rom ise 58, 1918.
7 s, 1.398............................................ ..
In d ian ap olis, In d .~ “ D ” 7*3,’ 9 9 . J&J M i l l
6s, 1 8 9 7 ........................................ J& J
Salt L. C ity, ¥ . - 5 s , 1 912-1902. J&J
J ersey C ity—7s, 1 9 0 5 ........... .. . V a r §114
5s, p u b lic ia ip ’ ts, 1 90 1 -1 9 1 1 . J& J
118
106
W ater 7s, 1 9 0 4 .......................... J& J §113
116
San A n to n io , T e x .— 6s, 190 9 -1 9 J&J
105
W ater 5s, 1 9 1 6 .........................A & O §103
5s 1 9 2 0 .. .,
106
104
75
W ater assess.,5s, 1 9 1 6 ..........A & O §103
S avannah— F 'd 5s, co n s.1 9 0 9 -Q —F
106
W a ter 5s, 1 9 2 3 ................................... §105
S cra n ton , P a .—4 s, 1 8 9 3 .1 9 1 0 .F & A
107
—
H u d son C ounty 5s, 1 9 0 5 ____ M&8 §102
S io u x C ity, I o w a —4 4 s , 1 8 9 9 ...........
H u d son C ou n ty 7s, 1 8 9 4 ___ J& D §100
S pok an e F a lls, W ash .—6s...................
122
B a y o n n e C ity , 7s, l o n g ........... J&J 110
S p rin gfield , M a ss.—6 s, 1 9 0 5 ..A&O
120
127
K ansas C ity, M o,—7s, 1 8 9 8 .. M&N
7 8 ,1 9 0 3 , w a t e r l o a n . . . . ........ A&O
48, 1 9 1 0 .. ..................................A & o | 88
S prin gfield , O —5s, 1 9 0 7 ..........M&N
112
K n o x v ille , T enn ., 5s, 192
T o le d o , O.— / oOs, R R .,1 9 0 0 .M & N
(L a w ren ce,M a ss,—6s, 1 90 0 ...A & O li’ % 113
6s, 1 8 9 9 ......................................... V ar!
6 7 4 L ea ven w orth , K a n .—4 s, 1 91 4 J& J
5 s, 1911 (ca ll a fte r O ct. ’ 93) .A & O
55
L exin gton , K y .—4 4 s , 1 9 2 0 ...M &S £
4s, 1 9 1 3 .........................................V ar.
Long isla n d C ity , N. Y— W ater.7s... '1 0 0
T ren ton . N. J .—4s, 1 9 1 1 . . . . . . . J&J
Los A n geles, Cal., 5s, 1 9 1 2 ............... § LOO
W orcester, M ass.— 5s, 1 9 0 5 ...A & O
L ou isville, K y .—7s, 1 9 0 3 ........... Var $ u s
126
i 4s, 1 9 0 5 .....................- .................A&O
6s, 1 8 9 7 ...................................... . . V a r §103
104
3 4 s , 1 9 0 5 ............
J& D
20-408, 5s, 1 9 2 0 ....................... M&N § L 0 5 4
_
_
4s, 1 9 2 3 ........................................ J&J § 98
R A IL R O A D BON DS.
99
L o w e ll 4s, 1 9 0 3 ............................ A&O 1 0 0 4 100% (B on d s o f com p a n ies co n so l’ ted a re
.....
L y n ch b u rg , V a .—6s, 1 9 0 1 - 4 ...J&J 110
g en er a lly u n d er the co n so l’d nam e.)
116
L y n n , M a ss.-W a te rlo a n ,6 s,’ 94.J& J §101% 102
A la .G t. S ou th ern — 1 s t,6s,1 9 0 8 J& J e l l 3
104
5s, 1 9 0 5 .......................................M&N §111
D e b e n tu re 6s, go ld , 1 9 0 6 .. .F & A e l0 2
112
91
M a con G a.—os, 1 9 0 9 .......................... 110
G e n ’l m o rt. 5s, 1 9 2 7 ............... J& D e 89
__ 89
103
M anchester, N .H .—6s, 1 9 0 2 ..J & J . §114
iii% A la. M id la n d —1 s t ,gu a. 6s, 1 9 2 8 ...
93
4s, 1 9 1 1 ............................................
A la . N. O. T . &c. 1st d e b . 6 s, 1 9 0 7 . e 91
§100
101
104
38
.M em phis, T en n .—C om p. 6s, 1 9 0 7 ..
2 d d eb en t. 6 s, 1 9 0 7 . . . . . . . . ..J & D e 36
118
A la .& V ic k s b .—C ons. 5 8 ,1 9 2 1 .A&O
T a x D ist., 68, 1 9 1 3 ................... J& J
95 1 0 0
T a x D ist., 6s, 1 9 1 5 ................... J& J
V ick sb .& M er. —1st, 6s, 1 92 L. A & O
M id d letow n, C onn.—3 -65 , 1 9 1 5 .. .. § .......... . . .
2 d , co n so l. 5 s ................................—.
123
io i
M in n eap olis, M in n .—7s, 1 9 0 1 .J & J § 1 1 7 4 120
A lb ’y & 8 u s q .— C ons. 7s, 1 9 0 6 , guar.
114
116
4 4 8 , 1 9 1 2 -1 5 .........
C onsol, m o r t .,68,1 90 6 , gu ar.A & O 114
§ 1 0 4 4 105
n o
117
4s, 1 9 1 5 -1 7 .............
97
97% A llegli. V a i.— G en . M ., 7 3 -1 0 s . J& J 109
118
125
4f», h osp ita l, 1 9 2 2 ..................... J& J § ..........
1st m o rt., 7 s, 1 9 1 0 ..................A&O 122
4s, 1 9 2 2 ...........
97
9 7 % A lle n to w n T e rm .--lsts,4 s, 1919. J&J
99
7 94 794
A tch .T . & S. F e —n e w 4s, 1 989, J& J
M ilw aukee.W is.—W ater 7 s ,’ 02. J& J § ......... n o
118%
5s, 1 9 1 2 ............................
444
2 d, 2 4 - 4 s , Class A , 1 989 . . . A & O
110
100%
5s, a v era g in g 10 yea rs
2 d, 4s, gold , Class B , 1 9 8 9 ..A & O
§105
110
105
49
100 -y ear, g o ld 5s, in co m e s, 1 9 8 9 .
W ater 4s, 1 9 0 6 -7 ....................... J&J
102
95
104
M obile, A la .—4 -5 s, f ’ ded, 1 906. J&J
fe4
87% A ll. & C hari.— 1st p f. 7s, 1 897.A & G 100
100
118
N ashville, Tenn.—6s, 1 9 0 0 ........J& J
1st, 7s, 1 9 0 7 ........................................ 114
100
106
4 s, 1 9 1 0 ............................................... £
95
In co m e , 6s, 1 90 0 .................A & O
N ew ark—4s, 1 908 . . . . ____
A&O § 95
A tla n tic C ity— 1st, 5s,g., 1919. M&N .......... 1 0 2 %
100
125
4 4 s , 1918
Atlan. & D a n .— 1st g. 6s, 1 9 17.A & O
§100
114%, 5s, 1 9 0 9 ...
_____________ _______ §104
63
67
A tla n tic & P a c .—1st 4s, 1 9 3 7 .. J&J
108 I 6s, 1 9 1 0 .. ..................................... V ar §115
2 d W .D ., g u a r.,g , s .f.6 s.l9 0 7 .M & 3
97
5
7s, A q u ed u ct, 1 9 0 5 ............
.V a r §120
W. D . In com es, 1 9 1 0 ........... A & O
6’a
91
5
New B ed ford .M a ss.—6 s ,1 9 0 9 . A & O § 1 2 5 4 1 27
O en t.D iv.— I n c.,6 s ,n o n -o u ., 1 922
(<
145 | 3 4 s , 1 9 1 0 ................................... A&O § 96
10
L a n d gr. in co m e s , cu m ., 1 9 0 1 ..
98
140
101
N. B ru n sw ick ,N .J .—7 s,w a te r, 190 4 110
B altim ore & O h io —4s, 1 9 3 5 ... A&O
120 I 6s,1898
ii3
102
P a rxersb u rg B r., 6s. 1 9 1 9 ...A & Q

§ Parokaser also pa 73 aoorued interest

12

e

In L in d o r,

U Coupons on since 1869.

li Subject to call.

THE CHRONICLE.

J une 17, 1893.]
O E tfE R A J L i
For
r a il r o a d

B o nd s.

QUOTATIONS Ob1 STOCKS AND

E x p la n a tio n *

Bid.

A sk.

Soe N o te *

at

H ead o f

R a il r o a d B o n d s .

F ir * t

100.5
BONDS— C o n t i n u e d .

P a jje o f Q u o t a t i o n * .

Bid. A sk.

R a il r o a d B o n d s.

m

Bid. Aslr.

C lev. Cin. C hic. & St. L o u is.—
C. B. & Q .—5s. s.f., 1 9 0 1 ......... A & O 101*2
H3alt. & O h io.— 5s g o ld , 1 9 2 5 ..F & A
99
5s, d eb en tu re , 1 9 1 3 ............... M&N
C. D lv ., 4 «, 1 9 3 9 ........................J&J
uo
C onsol, g old 5s, 1 9 8 8 ------------F& A e l l 4
I o w a D iv . 8. F. 5s, 1 9 1 9 . . A&O 101
106
St. L. d iv . 1st,co l. tr. 4 s . ’9 0 . M&N
89
S ch u y lk ill R iv . E ast Side 5s, 1935
108
93
105
I o w a D lv ., 4s, 1 9 1 9 ................ A&O
90*2
C .W .& M .D lv .-l8 t,4 H ,g , 1991. J& J
S terling, 0s, 1 8 9 5 ..................... MAS e l 03
90
D e n v e r D iv ., 4s, 1 9 2 2 ............F & A .
C inn.San.& C lev .—6s, 1900. F&A
115
S terlin g , 6 s, g ., 1 9 0 2 ............... M&8 e l l 3
4s, p lain b o n d s, 1 9 2 1 ............ M&S $
121
C on sol. 5s, 1 9 2 8 .................... J& J 105*2
88
S terling, 6 s, g ., 1 9 1 0 ............. M&N e l l 9
&478
110
N ob. E x t ., 4 s, 1927 ............... M&N
P e o . & E ast. co n s. 4s, 1 9 4 0 ............
68
S terling, 5s, 1 9 2 7 ..................... J& D e!08
102
In co m e 4s, 1 9 9 0 ............................
P la in , 7s, 1 8 9 6 .......................... J&J|
18
113
20
S terlin g, 4*2H, 1 9 3 3 ................A&O e l l l
100
C lev. C ol. C. & I .—1 st 7s, '9 9 . M&N
B o n d s, 5s, 1 8 9 5 ........................ J& D
E q u .T r. ser. 8 ,1 8 9 1 t o 1 9 0 0 -M&N
110*4
100*2
1
C on v ert, del). 5s, 1 9 0 3 ......... M&S
C o n so l, m o r t., 7 s, 1 9 1 4 ......... J& D
M on .R iv .— 1 s tg u .g .5 8 ,1 9 1 9 .F & A ....... " 06“
100*4
B ur. & M o. R ., I’ d M ., 7 s ,’ 9 3 .A&O
C ons. 8. F ., 7s. 1 9 1 4 .................J&J
Cen. 0.-C on s.l8t,4 P fiS , 1 9 3 0 .M&S
10J*2l
G en. c o n . 6s, 1 9 3 4 ................... J&J 118
114*2
B u r.& M o. (N eb.), 1 st, 6s, 1 91 8 . J& J
A k .& C h.Jun . lst,g .,5 s ,1 9 3 0 .M & N ....... 102k,
.
104
C ons, 6s, n o n -e x ., 1 9 1 8 ___ J& J
E e lle f. & In d . M ., 7 s, 1 8 9 9 . . .J& J 107* ;
B a ltim ore & O hio S outhw estern—
89
4s, (N ob.), 1 9 1 0 .................... J& J
C levo. & M ali.V al.—G. 5 s. 1933J& J
Cin. & B alt. 7s, 1 9 0 0 ...................... 103
107
Cle. & P itts .—C on .s.f.,7 s.l9 0 0 M & N U flia
N eb. R R , 1st, 7s, 1 8 9 6 ........A&O
N ew 4 ^ s ,g u a r ., 1 9 9 0 ..............J& J 105%
109
76
Gen. gu. 4*23, g ., “ A ,” 1 9 4 2 .J&J
O m . & 8. W ., 1 st, 8 s, 1 8 9 6 .J& D
1 st p re f. in com e 5 s ...............
..........
118
21*2 2 7
D o Series B. 1 9 4 2 ................... A&O m m
O tt. O sw . & F o x R ., 8 s, 1 9 0 0 . J&J
2d
do
do
...............
121
C olorad o M id .— 1st, 6s, 1 9 3 6 ..J & D
7
100
8*2 A to h ’ n & N e b —1 st, 7s, 1908 M&S
3d
do
do
...............
103
C on sol, g o ld ,4 s ......................... 1940
R ep u b . V a l.. 1st, 6s, 1 9 1 9 . . . J&J
B & lt.& P o t’ o —1 st, 6s, g., 1 911 A&O 119
54T*
111*2 C olu m b ia & G r .~ 1st, 6 s, 1 9 1 6 . J&J
Chio& E a s t 111.— le t m o rt. 6 s .. 1907
1st, tu n n e l, 6s. g ., g ’ d , 1 9 1 1 . J&J 122
98
1st, c o n ., 6 s, g o ld , 1 93 4 ___ A&O
2 d m o rt., 6s, 1 9 2 3 ................... A&O
66
vBalt. B e l t - l e t , 5s, 1 9 9 0 ......... M&N
96*2 99
98
G o n .c o n ., 1 st, 5s, 1 9 3 7 ........M&N
C ol.& O .M id.—1st, 4*28. 1 9 3 9 ..J&J
92>a
tSeech C reek— 1st, g ’ id, 4 s, 1 93 6 , J&J
Oh. & I. C oal R ’ y, 1 st 5s, 1 9 3 6 .. J&J
Colurn. H o c k .V . & T . —C on.5s, 1931
6 0 ‘s 87
B e iv ld ere D e l.—1 st,6 s ,c ,1 9 0 2 . J & l) 112*2
G en. 6s g o ld , 1 9 0 1 ...................J& D
C h ic. E l. (“ A lle y ” ), 5s, g ,1 929 A&O §
91
C ons. 4s, 1 9 2 7 .......................... F& A 100
C o l.& H o o k .V .—ls t M .,7 s ,’ 9 7 .A & 0 §104
104
Chic. & O r. T ru n k —1st, 6 s., 1 9 0 0 .. 100
B o ston & A lb a n y — 3s, 1 8 9 5 ....... T&J
Col. & T o le d o —1st 7s, 1 9 0 5 .. F& A §113
105
C hic. M il. & St. P aul—
B oston & L o w e ll— 7 s, 1 8 9 5 . ..M & S
116
M .& S t.P .ls t, 8s, P .D .,1 8 9 8 . F& A 115
do
2d m o rt., 1 9 0 0 .M&S 100
105
6s, 1 8 9 6 ........................................ J&J
O h io& W .V a .,l8 t,s.f.,7 8 ,l9 iO M & N §113
P . D ., 2 d M ., 7 3-lO s, 1 8 9 8 ..F & A
105
53, 1 8 9 9 ........................................ J&J
R .D ., 1st, $, g o ld , 7 s, 1 9 0 2 ..J & J
C ol.Shaw . & I l ’ k . - l s t 5 s ,1 9 4 0 .J&J
ICO
80
85
i s , 1 9 0 5 -6 -7 ................................ Var.
119
95
103 *s
I. & M ., 1 st M ., 7 s ,1 8 9 7 ..........J& J
E q u ip m e n t 6 s, g ., 1 9 1 6 . ...A & O
100
4*28, 1 9 0 3 ................. ............... M&N
Col. & W estern, 1st, 6s. 1 9 1 1 ...J& J
1 00 ^
I ’ a. & D a k ., 1 st M ., 7 s, 1 8 9 9 . J&J 115
90
B o ston & M a in e— 7s, 1 8 9 4 ........J&J
C on. & M on .—B. C. & M .—
100
Im p ro T e m e n t 4s, 1 9 0 5 .......F&A
C h ic. & M il., 1 st M .,7 s , 1903.J& J
2
100*2
Do
4 s, 1 937 ....F & A
C on sol., 7 s, 1 9 0 5 ....................... J& J jl 5
I m p r o v e m e n t 6s, 1 9 1 1 ........J&J §111
112
100*4
C onn. & P a8sum .—M .,4 s, 1 943.A&O §101
1st LI., I. & D . E x t., 7 s, 1 9 0 8 J& J
103
B e g t. & P r o v id e n c e —7 s, 1 8 9 3 .J&J
111
102
1 st M .,68, S’ th w est D iv .l9 0 9 J & J 1 10
C o n n e c tin g (P liila .)— 1 s t ,6s ..M & 8
4 3 ,1 9 1 8 ........................................J&J
110
105*2
1 st M ., 5 s. L a C. & D a v . 1 9 1 9 J&J
94 u
C o n s o l.R fi.o f V t., 1st, 5s, 1 9 1 3 .J& J § 91
Boat. R e v e r e & L y n n —6 s.’ 9 7 . . J&J
So. M inn, la t 6s. 1 9 1 0 ............. J & J 112*2
C orn .C ow .& Ant. deb .6 s,18 9 8 .M & N !
B rook ly n E le.— 1st, 6 s, 1 9 2 4 .. A&O
127
90
D a y to n & M ich .—Con. 5 s,1911 .J& J $ * * * >a 105- '
H a st. & D a k .E x . 1st,7s, 1 91 0 . J&J
104
2d m ortg . 58, 1 9 1 5 ................... J& J
104
n o
do
5s, 1 9 1 0 ..............J& J
D a y t. & W est,—1 s t M .,6s, 1 9 0 5 .J&J $110
111*2
Seaside & B. B. 1st 5s, 1 942 .J & J
C hic. & P a c . D iv . 6s, 1 9 1 0 ...J & J 115
118
iiT
1 st m o rt., 7 s, 1 9 0 5 ................... J&J
U nion E l.—1st, 6 s, 1 9 3 7 ----- M&N
do
W est. D iv ., 5 s ,1 9 2 1 . J& J 110
D e la w a re —M o rt., 6 s ,g u a r.,’ 9 5 . J&J
J3ronsw . & W .-l s t ,4 s ,g .,1 9 3 8 .J & J
103
D e l.& B ou n d B ’ k—ls t ,7 s ,1 9 0 5 F & A 124*2
B a li. B r a d .& P .—G e n .M .7 s /9 6 . J& J 102
C hic. & M o. R iv . 5s, 1 9 2 6 -----J& J
B afl.N . Y .& E rie—1 st, 7 s, 1 91 6 . J& D
M in eral P t. D iv ., 5s, 1 9 1 0 .. .J&J
D el.& H n d.—C oup on 7s, 1 8 9 4 .A & O
103>a
1st, M., P a .D iv .,7 s, 1 9 1 7 . . . . M&3
97 1 00
C hic. & L. Sup. D iv ., 5s, 1921 J & j
B o ff.R o ch . & P it ts b .-G e n .5 8 ,1 9 3 7
123
R o ch . & P ., 1st, 6s, 1 9 2 1 ....F & A
W is. & M inn. D iv ., 5s, 1 9 2 L ... J& J 107
D e l.L .& W .— M ort. 7 s, 1 9 0 7 ..M&S ..........
114
Den. C ity C able 1 st 6s, 1 9 0 8 .. J& J
C on sol., 1st 68, 1 9 2 2 ........... J& D
T erm in a l 5s, g ., 1 9 1 4 ..............J& J 108
*9*8*"
D en v. T ra m .—Con. 6s, g ., 1910.J& J
D u b u q u e D iv ., 1st, 6s, 1 9 2 0 . J& J §112*2 113
S o f t . & S outh w est.—6s, 1 9 0 8 .. J.& J 100
110
M etro. R y . 1st 6 a ,g.,gu .,1 9 1 1.J& J ..........
101
B url.C . R . & N .—ls t ,5 s ,1 9 0 6 ..J& D 100
W is. V a l. D iv ., 1st, 6s, 1 9 2 0 .J & J §108
C o n s .ls t & col. tr., 5s, 1 9 3 4 ..A & O
Den. & R. G .— 1st co n . 4s, 193 6 .J & J
95
F a rg o & S o u t h .- 6s. a ss.1 9 2 4 . J&J
"8 7 "
1st 7s, g o ld , 1 9 0 0 ..................... M&N
Io w a C .& W ., l e t , 7s, 1 9 0 9 .M&S 100
In c. c o n v . 8. F. 5s, 1 9 1 6 ......... J& J
116
C .R a p .I.F .& N., 1 st,6 s ,1 9 2 0 .A&O 101
D ak. & G t. So. 5s, 1 9 1 6 ......... J& J
Im p r., g., 5s, 1 9 2 8 ____ - ..........J&D
1055s
91
D e sM . & F .D .—G u ar. 4 s,1 9 0 5 . J&J
do
1st, 58, 1 9 2 1
A&O
91
96
Gen. g. 4 s, ser. A .. 1 9 8 9 .........J& J
75
C a lifo r. P a c .—1 st M .,4*28,1912 J&J
C h ica go & N orth w estern —
1st m o rt., gu a r., 2*23, 1 90 5 J& J
50
90
,131*4
1st M ., o n E x t.,g u a r. 4s, 1905J& J
99
2 M or. 6 s, g ., ’ 91 ,ex t.a t4 *s% .J & J
Con. 7s, 1 9 1 5 ............................Q—F
60
D ot. B. C. & A lp ., 1 st,6 s ,1 9 13. J&J
73
3 d M. (gu ar. C. P .), 6s, 1 9 0 5 .J& J
C onsol., g o ld , 7s, c p ., 1 9 0 2 ..J& D 118
10 J
do
3s, 1 9 0 5 .J& J
S in kin g fu n d , 6s, 1 92 9 ........A & O
D et.G .H a ven & M il.—E q u ip .6 s,1918 e l l 2
115
•Camden & A tl.—1st, 7s, g . ,’ 9 3 ..J&J
do
os, 1 9 2 9 ................. A&O 106
Con. M ., gu ar. 6s, 1 9 1 8 ......... A & O e l 12
115
D et. L. & N o rth .—1st, 7 s ,1 9 0 7 .J& J
do
d e b e n t., 5 s ,1 93 3 .M&N 107
100 *a
C onsol. 6s, 1 9 1 1 ........................J&J
104
C am d en & B u rl. Co., 6s, 1 8 9 7 .F& A 106
G r.R a p .L .& D ., 1 st,5s, 1 9 2 7 .M&S
2 5 -y rs. d eb . 5s, 1 9 0 9 ............. M&N 101
•Canada So.—1st 5s, g u a r .,1 90 8 ,J&J 106
D ot, M aok.& M .— Ld. g r. 3*28, S. A. 9 25
106*2
3 0-y rs. dob. 5 s, 1 9 2 1 .............. A & O
94
D u b.& S . C ity— l s t ,2 d D i v .,’ 9 4.J & J 100
103
2 d m ort., 5s, 1 9 1 3 ....................M&S
9 9 5a
E x te ii. b d s. 4s, 1 9 2 6 ......... F&A 15
C a p e F .& Y .Y .— 1st 6s.Series A ,1 916
D uluth & Iron R .—1 st,5s, 1937. A&O
90
E sca n .& L .S u p ., 1st, 6s, 1901.J& J
93
Dul. R ed W .& S.— 1 st,5s,g. 1928. J& J
la t 6 s, ser. B , 1 9 1 6 ............... J& D
90
D es M .& M in n ’s ,1 st,78,1907.F&A
D u lu th 8. 8I1. & A tl.—5s, 1937,J& J
1st 6 b, series O ......................... J& D
90
I o w a M id., 1 st M ., 8 s, 1 9 0 0 . A&O
9*9
C a rolin a C ent.—1 s t,6 s,g., 1920. J&J
Dul. & W inn. 1st 5s, g. 1 9 2 9 ...J & J
106
P en in su la , 1 st, c o n v .,7 s ,’ 9 8 .M&S 120
114*« D u n k .A .V .& P .— ls t ,7 s ,g ..l9 0 0 J & D 103
O ataw lssa—M ort., 7 s , 1 9 0 0 — F& A
115*2 C hic. & M il., 1 st M ., 7s, ’ 9 8 . .J& J
E. T. Y a . & G a .— 1 s t ,7s, 1 9 0 0 .. J&J
C edar F .& M in .—1st, 7 s, 1 9 0 7 .J&J
W inona& St.P et.—2d7s,1907M & N
107*2
C ent, o f G a.—1 s t ,c o n s .,7 s ,’ 9 3 .J&J 105*2 106*2
1st ex te n sio n , 7 g ., 1 9 1 6 . J & D §130
D iv isio n a l, 5s, 1 9 3 0 ................. J&J 102
uo
92*2
C ousol. 5s, g .. 1 9 5 6 ................M&N
C olla t’ l tru st 5s, 1 9 3 7 ...........M&N
81
M il. & M a d ., 1st, 6s, 1 9 0 5 ....M&S
43
Chat. R. & C ol —5s, g ., 1 9 3 7 .M & 3
1st E x t ., golu , 5s, 1 9 3 7 .......... J& D
O tt. C. F . & St. P ., 5s, 1 9 0 9 ..M & S
S av .& W est., 1st, g u a r .,1 92 9 M&S
E q u ip . & im p ., g ., 5s, 1 9 3 8 ..M&9
48
N orth . I lls ., 1st, 5a, 1 9 1 0 .. ..M&S
C in cin n a ti E x t. —5s., g ,1 9 1 0 F & A
T ru st Co. c e r ts ................................
52
M a d ison E x t ., 1st, 7s, 1 9 1 1 . A&O
M o b ile & B irin ., 1st, 5 s ,1937.J&J
C m t.o f N. J .— 1st con s. 7 s, ’ 9 9.Q -J
M en om in ee E x t.,ls t,7 s,1 9 1 1 J & D
C on vert, m ort. 7 s, 1 9 0 2 . ...M & N
121
N orth w est.U n ., ls t,7 s , 1 9 1 7 .M&S
K n o x v . & O h io ,1st, 6s, 1 9 2 5 .J&J
C on vert, d eb en t. 6s, 1 9 0 8 ..M&N
C hic. & Tornah.—1 st,6 s,’0 5 .M&N
117
A la . C ent., 1st, 6s, 1 9 1 8 ..........J&J 100
G en. m ort., 5s, 1 9 8 7 .................J&J 110*2
C edar R . & M o.—1st, 7s, ’ 9 4 .F&A
101*2 E a s t.& W .A la .—1st, 6s, r e c ’ ts.1 9 2 6
E astern, M ass.— 6s, g .,1 9 0 6 . .M&S 119
120
13 1*2
L eh.& W il.—Con. 7 s,g.,1 9 0 0 ,a ss.Q 104
106
1 st m o rt., 7 s, 1 9 1 6 ..............M&N
E aston & A m b o y —M.,5s, 1920M & N
124
M ortg a g e 5s, 1 9 1 2 ..............M&N
107
98*s
2d m ort., 7 s, 1 90 9 , g u a r ...J & D
105
A m . D k.& Im p . C o., 5 s ,1 9 2 1 . J&J
E .S hore T e r.—1st 5s, g ., 1 9 1 5 .F& A
109
S. C.& P a c., 1 st, 6s, 1 8 9 8 ..J& J
119
E liza b .L e x.& B ig S.—5s, 1 902.M & 8
95
C entral P a c .—1st, 6s, g , 1 8 9 5 .J&J 105 *s
F rem . E lk .& M o .V — 6s, 1 93 3 A&O
E lu iira & W ’m sp t— 1st 6s, 1 910.J&J 113*2
120
1st, 68, g o ld , 1 8 9 6 ..................... J&J 1061-2
do
do
U n sta m p ed ..
100
1st, 6s, gold , 1 8 9 7 ..................... J&J 107
C h ic.P eo. & 8 t.L .— ls t 5 s ,1 9 2 8 .M&S
5s, 2 8 6 2 ....................................... A&O 102
la t, 6s, g o ld , 1 8 9 8 . . . . ..............J&J 108
R o c k Isl.D iv.cou s.S e.g., 1941. J& D
y2*2 E rie & P itts .—C on. M., 7 s, ’ 93.Ji.vJ .$107
E q u ip m e n t, 7 s, 1 9 0 0 ............A&O'
8 .Joaquin. l s t M .,6 s ,g .l 9 0 0 .A & 0 1093*
L ou is v ille & St. L ., 5s, 1927. A&O
E ureka S priugs— 1 st,6s, 1 9 3 3 .F & A
M ort., gold , 5 s, 1 9 3 9 .............. A&O
123
C h ic.R .I.& P a c.—6 s,1 9 1 7 ,co u p J*fcJ 122
E v a u s .& In d .—l s t „ g . ,6 a ,.......... 1924
C .& O. D iv ., e x t . 5e, g. 1913.J & I 107
C h ica g o & S o u th w e s te rn ............... 111 L
111
1st, co n ., gu ar., 1 9 2 6 .............. I&J
L a n d g. 5s, g ., 1 9 0 0 ................ A&O 100
E x ten . & co l. 5s, 1 9 3 4 ............. J&J
99*2 LOO
E v a n s.& T .H .,ls t oo n .,6 s,1 9 2 1 ,J & J ! 118*2
W est. P a cif., 1 st, 6s, g ., ’ 9 9 . . J&J 108*2
93
3 0 y r. deb ., 5s, 1 9 2 1 ............... M&S
92
100
10G
1st gen . g. 5s, 1 9 4 2 ..................A&O
C ent, o f S. C ar.— 1st 6s, 1 9 2 1 ..J& J 105
C h ic.& S c. L .—1 st 6s, 1 9 1 5 ...M &S
C harles.C in.& C .ls t g .5 s ,1 9 4 7 .Q —J
M t.V e ru o n —1st, 6a, g .,1 9 2 3 A & 0 112
C hic. St. L. & P .—C on.58,1 9 3 2 . A&O 101
Sul. Co. Br. 1st, g. 5s, 19JO.A& O 100
Oiiarl’ te C ol.& A .—C ous.,7 s,’ 9 5. J &J 100
102*s!
C hic. & G t. E a s t., 1st, 7s, 9 3 -’95
93
E va n s. & R ic h .— 1 st5 g . 1 928. M&S
98*2
2d moi*t., 78, 1 9 1 0 ...................A&O 1C6
HI
C ol.& In d . C .,l a t M .,7 s, 1 9 0 4 .J&J
E va n sv.T .H .& C h i.—1st, 6s, g . l 9 o 0 §100
C onsol., g o ld , 6s, 1 933 ..........J& J
101*2
do
2d M .7s, 1 9 0 4 .M&N
U hartlers— 1st, 7s, 1 9 0 1 ........... A&O
2d, 6s, g o ld , 1 9 0 0 ..................... J& J §100
U n.& L o g a n s p ..l8 t,7 s , 1 9 0 5 .A&O
F itch b u rg—5 8 ,1 8 9 9 -1 9 0 3 -----V a r . '•§104 ,105
U 0 *e C h ica go St. P a u l & K ansas C ity
Ohes.&Ohio.— P u r.m ou ey f d .,6 s ’ 98
115
P rio rity 5s, 1 9 3 4 .......................J& J e l 05
5 s, 1 9 0 8 ...................................... M&N §107 *2 1 ( 9
Series A , 6s, 1 9 0 8 ................... A&O
107
107
115
M ortg ag e 6s, 1 9 1 1 ...................A&O
C hio.S t.P.M iu.& O m .—Con. 6s, 1930
6s, 1 8 9 7 ...................................... A & O §106
118
101
C. & 0 . R y , 1st 5a, 1 9 3 9 ........M&N
7 s, A p ril, 1 8 9 4 .......................... A&O 101*4 102
C h .S t.P .& M iu n . lst,6 s,1 91 8 M & N , 119
123
U Obi 101
7834
G en era l 4*28, g ., 1 9 9 2 ........... M&S
4*28, 1 89 7 ....................................M&S
St. P a u l& S .C it y ,ls t 6 s ,1 9 1 9 .A & 0 118
97
99
C hic.& W .Iu d .—S .fd . 6s, 1 919 M&N
4s, 1 9 0 7 ....................................... A&O
1st C onsol. R . & A .2 -4 .1 9 8 9 -J & J i 79*4
99
B o st.H .T . & W est., d eb. 5 s, 1913.
do
do
4s, 1 9 8 9 . ..J & J
81
G en era l m o rt., 6s, 1 932 ___ Q—M 109
114
Flint & P . M a rq .—M. 6s,19 2 0 .A & 0 | 114
2d do
do
48, 1 9 8 9 .. .J & J |
Chi. & W . M ich .—G en .5s, 1921. J&D
92
9L
93*2
1 st, co n ., g o ld , 5s. 1 9 3 9 ........M&N
C ra ig Y al. 1 st 5s, g., 1 9 4 0 ....J& J
Cin. D ay. & ! . — lsc,g .,5 s,1 9 4 1 .M & N
96
95
P o rt H u ron D iv . 5s, 1 9 3 9 .............j
Ohes. O. & S.W .—M .6s, 1 9 1 1 ..F& A
Cm . G eorg. & P o rts .—6s, 1901 A&O
Fla. C. & P e n — 1st, g .f 5s, 1 918.J& J
2 d m ort., 6s, 1 9 1 1 ................... F&A
0
Cin. H a m . & D a y .—C ousol. 5 sA & .0 §104
105
99“
1st, co n 5s. g ., 1 9 4 3 .............. J& J.
C heshire—6s, 1896-98 ............... J &J 100*4 108*4
C onsol. S. F ., 78, 1 9 0 5 ............A & O 1 1 7
95*2 96*2
4s, 1 9 1 0 ....................................... J&J
C onsol, m ort., 6s, 1 90 5.......... A&O § ......... 114*2 F t.W o rtli & D eu v. C.— 1st, 6s, 1921
F t.W .& R io G .ls t 5s. g ., 1 92 8 . J& Ji 64*2 65
2d m o rt., g o ld , 4 *2 8 .1 9 3 7 . J&J
C hic. & A lto n .—
9 2 1 2 93
119
S terlin g m o rt., 6s, g ., 1 9 0 3 ..J&J e l l 7
Cin. H . & 1., 1st M ., 7s, 1903.J& J §112
U2>a G al.H ar.& San A nt.—1st,6a,g. 1 9 1 0 .1
2 d m o rt., 7s, 1 9 0 5 ............................ J&D| y / 99
Sinking fu n d , 6s, g., 1 9 0 3 ...M&N 115
C .I.8 t. L .& C .—1st g . 4s, 1 9 3 6 ,Q—F
85
M e x & P .D iv . 1st, 5 s, 1 9 3 1 .M&N I 9 4
L ou is’a & M o .R .,ls t ,7 s ,1 9 0 0 F & A 115
*118*
C on. 6s. 1 9 2 0 ...................................... 100
.......... G aL H ous.& H en .—1 st,5 s ,1 91 3 A itO ; . . . . .
70
do
2 d , 7 s, 1 9 0 0 M&N
In d ia n a p . C. & L ., 7s, 1 8 9 7 ..F& A
1 10
Bt.L.JackB’v .& C .,l8 t ,7 8 ,’ 9 4 .A & 0 100*4
Cin. L a f.& C .— l8 t,7 s ,g .l9 0 1 .M & S §114
115ia G eorgia — 6s, 1 9 1 0 ....................... J&J 103
100
9 9*i
d o 1st gu ar. (564) ,7 b,’9 4 A & 0
Cin. L eb . & N o r.—1st, 5s, 1916J& J § 98
9 9 H G eorgia P a e ilio —1st, 6s, 1 9 2 2 .J& J x 9 0
! Con. OA m o rt.,?ia IT ., 1 9 2 3 .. .A&O
43
2d
5s, g
d o 2dM . (3 6 0 ), 7 s, ’ 9 8 . .J & J
Cin. R ic h . & C hic.— 1st, 7s, ’ 9 5 . J&J §100
12
9
Con. in co m e , 5s, g ., 1 923 ...A & O
d o 2d gu ar. (1 88 ) 7 s ,’ 9 8 .J&J
Cin. R ic h . & F . W .—ls t,7 s ,1 9 2 1 J & D §112
96
M las.Riv. B ridge, 1 st.,s .f.,6 s .1912
Ga, C arol.& N o.—1st, 5s, g .,1929. J&J
97*8
Cin.& Sp.—7 s, C.C.C.& I . , 1 901. A&O 1 0 s
72
Ga. So. & F la .—1st 6s, g , 1 9 2 7 .J&J
C h i.& A t.B d g e .—1 st 6s,g., 1915. J& J
90
78, gu ar., L.S.& M.S., 1 9 0 2 ..A&O 108
C h ic. B url. & N or.— 5s, 1 9 2 6 ..A&O
Gr. R ap . & In d .— 1 st, l,g ., g ’ d , 7a, g. $110
C lear!. & Jett'.—1st, 6s, 1 9 2 7 .. .J& J 118%!
, 1 st M .,7 s ,l.g ., g o ld ,n o t g u a r. A&O §100
2 d 6s, 1 9 1 8 ................................J&D
9934 i C lev. A k ron & C ol.—
D ebent. 6s, 1 8 9 6 .................... J& D
9J34 j Gen. M., g., 5s, 1 9 2 7 ............. M&S 1100%
I G e n e ra l 5s, 1 9 2 4 .....................M&S
M u sk e g o n D iv. 58, 1 9 2 6 ...J & J .. 5 94
96
E qu ip m en t 5s, 1 9 0 3 , e x te n .F & A
|100 | E qu ip tr. & 2d M .. 1 0 -4 0 3 ...F & A
|
103
C h ic. B . & Q .—C on s..7 a . 1 9 0 3 ..J& J 119 I......... I’ c le v e .& O a n t o n —1st. 5a. 1 9 1 7 .J * .!
I E x . 1 st., g . 4*2«. 1 9 4 1 ...... .......... 100
......... 88

* Prico nomlna

Purchaser also payq ecrued Interest,

c

In London,

t In Amsterdam.

J 4n Fc 4iit o r t.

THE CHRONICLE.

1006
GENERAL

Q U O T A TIO N S

F o r E x p la n ation s
R

a il r o a d

B

on ds.

B id .

[V o l . LVI,

A bR

OP STOCKS A N D BON D S— C on tinued .
See Notes at H ea d o f F irst Page o f Q u otation s.
R

a il r o a d

B

on d s.

B id .

A sk .

R a il r o a d B o n d s.

B id .

A sk ,

L on sv.& N a sh v.— (C ontinued.)
N .Y .C .& H u d .R iv .—(C o n tin u e d .)—
19
25
GrJBay W .& S t .P —2 d in c .,4 s ,1906
81
83
U nified 4s, g ., 1 9 4 0 ................. J & J
G o u v .& O s w .ls t 58, g. 1 9 4 2 ...J & D e ! 1 5
118
G t. N orth .—Col. tst.4s,g.,1902.M & S
Pensa. & A tl.—1 st,6 s,gu ,’ 2 1 .F&A 102
M o b a w k & M .ls t , 4 s ,g .l9 9 1 ,M & 8 § ......................
H a n . & St. J o .—Con. 6 s ,1 9 1 1 .-M&S 1 13% 114*2
Col. tr., g o ld , 5s, 1 9 3 1 ........M&N
N .Y .C b ic.& S t.L .—1 st,4 s ,1 9 3 7 .A & O .......... 9 4 7&
H a rrisb ’ g P .,& o .,1 s t .,4 s ,1 9 1 3 .J& J
1 16
8. & N . A l. s. f. 6s, 1910. ...A & O e !1 3
N . y . & G re e n w ’ d L .— 1st M . in c. 6s
H a rt. & C onn.W est.—5 s,1 9 0 3 .J& J § 95
C onsol. 5s, 1 9 3 6 ................... F & A
2d m o rtg a g e in co m e , 6 s .................
113
H ou sa ton ic— Cons. 5s, 1 9 3 7 ..M & N
N a sh .F .& S .lstg d .g .5 s ,1 9 3 7 .F & A
98
N. i & H arlem —7 s,co u p .,1 9 0 0 .M&N 1 1 8 %
H o ’st.E .& W . T e x .—l s t ,7 s ,’ 98.M & N
L ’s v .N .A .& C hic.— 1st,6 s,1910. J&J 108
N. i . L a o k .& W .—1st, 6s, 1 9 2 1 .J & J 125
126
H. & T e x a s Cen. 1st g . Ss, 1 9 3 7 J & J
9 7i* 9 8 %
120
Con. m o rt. 6s, 1 9 1 6 ................A&O
2i d , 5s, gn a r., 1 9 2 3 ................F& A _ 1 10 %
W a co & N . W ., 1st, 7 s ,g .,1 90 1 . J&J 105
69i* 71
G en era l m . g. 5s, 1 9 4 0 ..........M&N
T erm . & iin p t. 4 s, 1 9 2 3 .........M & N §.
103
98
Cons. g. 6s, 1 9 1 2 ...................... A & O
C. & I. D iv ., 6s g o ld , 1 9 1 1 ...F & A
N ew Y o r k L ake E rie & W e ste rn —
D eb en tu re 6s, 1 8 9 7 ................A&O
9 5i*
L ou . R y .C o .,ls t c., 5 s,g .,1 9 3 0 ..J & J
1 st e x . 7 s, 1 8 9 7 ........................M&N 1 08
65
108%
G en. g 4 s, 1 9 2 1 . . . ................. A & O
88
Louis.St-L. &T.—1 st 6s,g. 1 9 1 7 .F & A
2 d m o rt. e x t e n d e d ,5 s ,1 9 1 9 .M&S 111%
D ebenture 4 s, 1 8 9 7 ................A& O
79
1 st con s. 5s, g., 1 9 4 2 ......... ...M & S '
3 d M . e x te n d e d , 4L5S, 1 9 2 3 ..M&S 104
H u n t.& B r.T o p —1 st, 4 s, 1 9 2 0 .A&O
66
65
4 th M ., e x te n d e d , 5s, 1 9 2 0 .. A & O
101% L o u is v ille S outhern 5 s ............. J& J
110
C ons. 3 d M . 5 s, 1 8 9 5 ............. A&O
44
M a con & N or.— 1st 4% s, 1 9 9 0 .M&S
5 th M ., e x te n d e d , 4s, 1 9 2 8 .J& D
101
Illin o is Cen.— 1st,g o ld ,4 s ,1 95 1 . J&J 107
M anhat. E l., con sol. 4s, 1 9 9 0 .A & O
1 st c o n s . M ., 7 s, g .,1 9 2 0 ........ M&S
941*
131%
G old , 3 % s ,1 9 5 1 ......................... J&J
117i*
M etrop ’n E l.— 1 st, 6s, 1 9 0 8 ..J & J 117
1 st co n s, fu n d o o n p .,7 s,1 9 2 0 M&S
Col. tr ., g o ld , 4 s, 1 9 5 2 ..........A & O 100
2 d 6s, 1 8 9 9 ........................... M&N 1031* 104
R e o rg a n iz a t’n 1 st lie n , 6s, 1 908
C airo B ridge—4s, 1 9 5 0 ..........J& D
N .Y .E le v a te d .—1st, 7s, 1906. J&J 1091* 1101*
L o n g D o c k co n . g ., 6s, 1 93 5 A & O 123
127
S pringfield D lv ., 6 s, 1 8 9 8 . -J& J 105
114
M a in eC en t.—M ort. 7s, 1 8 9 8 ... J& J 112
92*2 93
N e w 2 d co n s.6 s , 1 9 6 9 ............J& D
M id d le D iv .r e g . 5 s, 1 9 2 1 ... F& A 107
112
106
E xta n . b o n d s , 6 s, g ., 1 9 0 0 ...A & O 110
C olla te ra l T r. 6 3 ,1 9 2 2 ..........M&N
S te rlin g , S. F ., 5 s, g ., 1 9 0 3 ..A & O «1 0 4
135
C ons. 7 s, 1 9 1 2 .......................... A&O 134
105
F u n d e d co u n o n 5s, 1 9 6 9 ___ J& D
85
S te rlin g , g e n . M .,6 s, g ., 1 89 5 . A&O e l0 3
106
C ons. 4 % s, 1 9 1 2 ...................... A & O 104
110
G o ld in co m e b o n d s , 6s, 1 9 7 7 ___
.
S terlin g, 5 s . 1 9 0 5 ..................... J& D e l0 6
O b lo .8 t.& N .O .-T .l’n ,7 s ,’ 97.H & N 108
105
L eed s & F a rin ’g t ’n , 6 s, 189 6 .J & J 104
C hic. & E rie 1 st 4-5s g ,1 9 8 2 .M & N
98
103
P o rtl. & K .,C on s. M ., 6 s, ’ 9 5 .A & 0 102
In co m e 5s, 1 9 8 2 ............................
37%
1 st oon. 7s, 1 8 9 7 ........................... 108
103
D eb en tu re, 6s, 10-2 0 s. 1 9 0 5 .F& A 102
D o c k & Im p t. 1st, 6s, 1 9 1 3 .. .J& J
2 d , 6s, 1 9 0 7 ............................ J& D
1161* 119
M arie.& Phoanlx—1 st 6s,1919.M & N
N .Y . & L . B r ’ ch — 1st, 5 s, 1 9 3 1 . J& D
5 s , 195 1 , g o ld ......................... J& D
98
M a r’ta & N .G a .— lst,6 s ,g .,1 9 1 1 .J & J
N. Y . N. H . & H .l s t r. 4 s ,1 9 0 3 . J& D
M em . D iv ., 1st 4s, g ., 1951J& D
122>*
C on sol., 6 g ., 1 9 3 7 .................J& J
I n d .D . & W .—G old , 5 8 ,1 9 4 7 ...A&O 110
N .Y .& N o rth ’ n —1st g .5 s ,1 9 2 7 .A & O 1 0 0 1 0 7 4
105
M ar<?.H.&0.—0 8 ,1 9 2 5 (M .& W )A & 0 5104
2d g o ld I s , 1 9 2 7 ................................
78
80
2 d m . ine. 5s, 1 9 4 8 ................. J& J
I n d . D e o .& S p .—ls t,7 s ,1 9 0 6 .A & 0 120
M em ph.& C h a ri.—1 st,7 s, 191 5 . J& J 106
N .Y .O n .& W .—C o n .5 s ,g .,1 9 3 9 . J& D 1 0 4
........
83
2 d m o rt., 7 s, ex te n d e d , 1915. J&J 106
R e fu n d in g , 1 st, g ., 4 s, 1 9 9 2 .M&S
82
82%
In d . Ills. & l a .—1st 4s, 1 9 3 9 ... J& D
101
I n d ’p o lis & S t.L .—1 st,7 s, 1 919. V ar. § i l V
1st c o n so l. 7 s, 1 9 1 5 .................. J&J
N. Y . & N. E n g .—1st, 7s, 1 9 0 5 . J&J 5115% 1 1 6
1st, co n s.. T en n , lien , 7 s ,1 91 5 J&J 104
1 st M ., 6s, 1 9 0 5 .........................J& J 5108% 1 0 9
I n d ’a p olls& V ln .—1 st, 7 s ,1 9 0 8.F & a 115
G o ld , 6s, 1 9 2 4 ............................ J& J
2d m .,6 s, 1 9 0 2 ...........................F & A 5 9 8 % 9 9
2 d m o rt.. 6s, g., gu a r., 1900.M & N 100
In te rn a tio n a l * G rea t N orth ern .—
2d 6s. 1 8 9 9 ............................ M&N §......... ........ N. Y . P a. & O .—P rio r lien , 6s, 1 895 e !0 5
110
1st, 6s, 1 9 1 9 ............................ M&N 135
M et.W .Side E l.ls t 5s, g .,1 9 4 2 .F & A
do
1 st 7s, 1 9 0 5 ............... e 2 3
24
Do
c o u p o n o ff........................
1081t M ox. C ent.—C onsol. 4s, 1 91 1 .. J & J i 5 8 4 5 8 %
2 d m ort. in o ., 5 s, 1 9 1 0 ...................e 2 %
3%
e6
15*4 15*2
d, 4 is —5s, 1 90 9 ...................... M&S
6 6 78
1st oon. in o. 3s, 1 9 3 9 .............J u ly
3 d m o rt. Ino., 5s, 1 9 1 5 .....................c
%
1%
3 d, 4s, g., 1 9 2 1 ......................... M&S
7%
8
2d co n . in e. 3s, 1 9 3 9 ...............J uly
E q u ip . T ru st., 5 s,1 9 0 8 .........M&N e 9 6
99
I o w a C ent.— 1st g ., 5s, 1 9 3 8 ..J & D
78
M e x ica n N a t.— 1st, 6s, 1 9 2 7 ..J & D .......... 99
N .Y . P h il. & N or.—1 st, 1 9 2 3 ..J & J ..........1 0 6 %
I ’ a F a lls & 8. C.—1 s t ,7 s ,1917. A&O 5 127
128
2 d M ., Ser. A , In c.,6 s,1 9 1 7 ... M&S
In co m e 6s, 1 9 3 3 ....................... A & O
Jaolt.T . & K e y W .,l s t 6 g .,1 9 1 7 .J & J
2 d M .. Ser. B , in c.,6 s ,1 9 1 7 ..A p r il ..........
N. Y „ P ro v . & B o s to n 7s, 1 8 9 9 .J& J
J efferson —1st 5 s, g . E rie ,1909. A&O 101
M ich. C en.—C onsol., 7 s, 1 9 0 2 .M&N
i i 8 % N .Y .8 .& W .-ls t r e fn d .,5 s ,1 9 3 7 .J & J ............105
115
Jeff. M a d .& In d .—1 st, 7 s ,1906. A&O 110
C onsol. 5s, 1 9 0 2 .......................M&N 104*2
2d m o rt., 4 % s, 1 9 3 7 ................F & A
122
2 d m o rt., 7 s, 1 9 1 0 ..................... J&J
117%
6s, 1 9 0 9 ....................................... M&S 115
G en . m . 5 s, g , 1 9 4 0 ................. F & A
9 0 93
112
O ......... 78*8
5s, c o u p ., 1 9 3 1 .......................... M&S
M id l’d o f N. J .—1 s t,6a,1 9 1 0 .A & O 1 1 3 4 1 1 4 %
101
j 5103
N orf.& S ou tb.— 1st g ., 5s,19 4 1 .M & N
1034
M o rtg a g e 4s, 1 9 4 0 ...................J&J
K a n . O. C lin ton & S p r .5 § 75
80
105
N e w o ’ g D u t c h .* C on n .— In es.1 9 77
J . L. & 8 a e .— l s t e x t . o s ........1901 102
7 §104
108
126
N orf. & W est.—G en ., 6 s, 1931.M & N
D et. & B . C „ 1st 8s, 1 9 0 2 ..M & N ^125
S § 99
B rid g e 8s, 1903
994
)125*2 127
N ew R iv e r 1 st 6 s, 1 9 3 2 ......... A&O
9 5 95% 96
Im p r. & E xtern , 6 s. 1 9 3 4 ___ F& A
B a t C .& S - 1 s t g u .g .3 s.1 9 8 9 .J& D
80
9 5 77
90
M idd. Dn. & W at. G a p —1st,5 s ,1911
A d ju s tm e n t 7s, 1 9 2 4 ..........Q.—M.
K .O .F t.8cott& G — 1 st,'
> 110*2 i n
75
2 d 5s, g u ar. N. Y . 8. & W ., 1 8 9 6 .
E q u ip m e n t, 5s, 1 90 8 . . . . ___ J& D
K a n . C . M . & B . - l s t , 5f
8 5 44
45
102
M id lan d o f In d ia n a 5 s .................... 5 95
87
C lin ch V . D ., 1 st 5s, 1 9 5 7 ....M & S
B ir .,e q u ip ., 6 g .,g u „
S 98
101
123
M il. L a k e Sh. & W . -6 s , 1 9 2 1 .M&N 122
85
M d. & W. D iv . 1st 5s, 1 9 4 1 ..J & J
K .C .St.Jos.& C .B .—M .7
J §117
118
C onv. deh. 5 s, 1 9 0 7 ............... F & A 104
D e b e n tu re 6s, 1 9 0 5 ................M&S
y §101
102
E x t . & Im p . s. 1. g . 5s, 1 9 2 9 ..F & A 1 0 6 4
R o a n . & 8 0 .1 s t g .g u .5 s,1 9 2 2 .M&S
98
y ......... 101
M ich . D iv ., 1st, 6s, 1 9 2 4 ........J&J
So. S id e, V a ., e x t . 5 -6 s ............. 1 90 0 1 0 0
84
A sh la n d D iv ., 1st 6s, 1 9 2 5 ..M &S
do
2 d M .,e x t . 5 - 6 s . . . . 19001 100
J 1 4731
In com es, 6 s, 1 9 1 1 .................. M&N 101
do
3 d M .. 6s, ’ 9 6 -1 9 0 0.J& J 100
y .........
St. P . E . & G r. T r ’ k, 1 st, gu ar., 6 s . 107
112
V a .& T e n n ., 4 th M .,8 s , 1 9 0 0 .J&J ........... 1 2 0
j 100
102
Mil. & N o.— 1 st, 6 s, 1 9 1 0 . . . . J& D 110
do
e x te n d e d 5 s,1 9 0 0 .J & J ICO
)
40
45
1st, con sol. 6s, 1 9 1 3 ............... J& D
110
1 0 0 -y e a r m o rt. 5s, 1 99 0 ........J & J
3 .......... 91
M inn. & St. L .—1 st, 7s, 1 9 2 7 .. J& D 1 0 6 4
do
N os. a b o v e 1 0 ,0 0 0 ____
K in g s. & P e m b ...........
1st M .,I o w a C ity& W ., 1 9 0 9 .J& D 110
N orth . P a c. C oast l s t 6 s ..........M & N 1 00
1 111*2
S ou th w est. E x t .,1 st,7 s,1 9 1 0 . J & D 118
N orth P e n n .— 1st,7s, 1 8 9 6 ___ M&N ............ 108
J ......... 101
P a cific E x t ., 1st, 6s, 1 9 2 1 .. A & O
G en . m o rt., 7s, 1 903 ............... J&J
L a k e S hore & M ich . So.—
Im p . & E qu ip . 6s, 1 9 2 2 ........... J&J 100
112
D e b e n tu re 6s, 1 9 0 5 ..................M&S
y 110
114
114
M inn’p. & F a c., 1st, 5s, 1 9 3 6 . .J& J .........
N orth ea st.,8.C .—1 st M .,8 s ,’ 9 9 ,M&S 113
1 115
M inn. 8. Ste. M. & A tl.—1 st,4 s ,1926 ..........
2 d m o r t.. 8s, 1 8 9 9 ................... M&S 112
113
y 112
116
C onsol. 4s, 1 9 3 8 .................
J& J e 96
97
C o n s o l, g o ld , 6s, 1 9 3 3 .............J & J 105
1 116*2 117*$ M o.K an.& T . — 1st, g ., 4 S .1990.J& D
78% 79
N o rth e rn , C al.— 1st, 6s, 1 9 0 7 ..J & J _____ 109
do
) ......... 118
2d, g . 4s, 1 99 0 ........................ F & A
42% 42%
94
95
C on sol. 5s, 1 9 3 8 ........................A&O
.........
K a n s. C. & P a o. l e t 4s. g . F & A
106
N orth ern C en t.—4 % s, 1 9 2 5 .-A & O
........
D al. & W a oolst,g u .,5 s,1 9 4 0 .M & N
2 d m o rt., 6 s ,1 9 0 0 .. ............... A & O 112
L eh ig h V al.—1 st, 6s, 1 89 8 .
1073*
____ r
M o. P a c .—C onsol. 6s, 1 9 2 0 ...M&N 103
107
C on. m o r t., 6 s, g . , o o u p ., 1 9 0 0 . J&J 113
e l0 3
105
3d m o rtg a g e , 7s, 1 9 0 6 ......... M&N 104
109
M o rt. b d s., 5s, 1 9 2 6 , s e r ie s A J& J n o
131% 132*2
T ru st g o ld , Es, 1 9 1 7 ................M&S
90
n o
do
series B ............ ................
* ......... 127
C ol. tru st, 5s, 1 9 2 0 ................. F & A
74
C ons. M . 6 s., 1 9 0 4 ..................... J& J 113
L e b .V .R y ,ls t 4i*s. g ., 194 0 ,rec.g u , 100*2
L e x in g t o n D iv ., 5, 1920.
F&A
C on. m o rt, stg. 6s, g ., 1 9 0 4 . . .J& J
L eh .V . Ter.—Ie t,g .g u .5 s.l9 4 1
107*2 110
9 8 * 99
P a c .o f M o .,ls t e x .g .4 s ,1 9 3 8 .F & A
U n io n R R .—1 st, 6s, end. C an t.,’ 95 104
......... 95
2d 7s, 1 8 9 1 ............................. J& J .......... 107
N orth ern P a o .—G en ., 6s, 1 9 2 1 .J&J 116
§111*2
V e r ’ s V y .In d .& W .ls to s . L926M&S t i o o
Gen. la n d g r .,2 d , 6s, 1 9 3 3 ...A & O 109% 110
§ 89% 90
Car. B r., 1 s t , 6s, g . 1 8 9 3 ....A & O
Gen. la n d gr., 3d, 6s, 1 9 3 7 ...J & D 1 01 % 1 0 2 %
35
40
St. L.I.M .& S.—1st ex . 5 s, ’ 9 7 .F & A 101*2 102
L . G . co n ., g. 5 s, 1 98 9 ..........J& D
61
62%
.......... 115
2 d . 7 s, g ., 1 89 7 ................... M&N 103
D iv id e n d s crip e x t. 6s, 1 90 7 .J & J
116
A rk . B r. 1. g r ., M ., 7s, g ., ’ 95.J& D
P e n D ’ O reille D iv ., 6s, 1919..M & S 101
98^8 100
94
C airo A rk . & T .,ls t ,7 s ,g .,’9 7.J & D
98*2 99 78
M o. D iv . 6 s, 1 9 1 9 ....................M&N 101
93
_
G en . oo n . r ’y & 1. g ., 5 s,1 9 3 1 A & 0
82*2 83
90
J am es R iv . V a l.— ls t ,g .,6 s ,’ 3 6J & J _ __
N o.8 h . Br. 1st co ’n .b s .g .,1 9 3 2 .0 104
110
M o b i l e * O.—1st, g ’d , 6s, 1 92 7 . J& D 109
87
S pok an e & P a l.,1st 6 s, 1936.M & N
109%
ICO
1st E x te n s io n 6 s, 1 9 2 7 ..........Q—J
H elen a & R e d M t .ls t,6 s , 1937M&S
37i*
G en m o rt., 4 s, 1 9 3 8 ............ M & 8
56
D u l. & M an., 1 st, 6 s, 1 9 3 6 . . .J & J
87%
100
110
S t.L .A C airo—4 s, gu ar., 1 93 1 .J & J
80
D ak. E x t ., 1st, s .f. 6s, 1 9 3 7 . J& D
95
102
M on t. & E u fa u la , 1st 6s, 1 909 .J & J
82
85
N o.P a c.& M on., 1 st,6s, 193S .M & 8
75
79%
§ .........
112
M org’ n ’ 8 L a .& T e x .,ls t,6 s ,1 9 2 0 J & J
C oeur d ’A l . , l s t , g . , 6s, 1916.M & S
102
106
1st m o rt., 7 s , 1 9 1 8 ............... A & O
124
d o Gen. 1st g ., 6s, 1 9 3 8 ...A & O
100
102*2 M orris & E s s e x — 1st, 7s, 1 9 1 4 M&N 135
136*2
C ent.W ash’n , 1st g.6 s,1 9 3 8 . M&S
L. I. C ity & F lu . 1st 6s, 1 9 1 1 .M&N
C onv. b on d s, 7 s, 1 9 0 0 ..............J&J
70
Ch. & N o . P a o. co n . 5 g. 1 9 4 0 .A & O
71%
k)u’v .E v .& S t.L —1st,6s, 1926. A & O 110
110*2
G en era l m o rt., 7s, 1 9 0 1 ___ A&O
N o rth .P . T er. C o .—1st, 6s, ’ 3 3 .J& J
117
E R . & E . D iv ., 1st, 6s,18 2 1 .J & J §107
107*2
C on sol, m o r t .,7 s , 1 9 1 5 ...........J& D 131
133
N . W . Gr. T ru n k 1st, 6 s, 1 91 0 .J& J 100
2 d m ort., 2-6s, g ., 1 9 3 6 ... ......... §100
101
N ashua & L o w e ll—6s, g ., ’ 93 F & A §100
70
100*4 N. W. N or. Car. 1st 6s, 1 9 3 8 ..A & O
H .T . C .& C. 1S i6 s ,g ., 1 9 2 7 .A&O
5 s. 1 9 0 0 ....................................... F & A §103
104
N o rw ’ h & W or.—l s t M . ,6 s .’ 9 7..M & S £-105*2 107
C onsol. 5s, 1 93 9 ...................... :J& J
fcsO
N ash.C h at.& S .L .—1 st,7 s ,1913. J&J
127
O g d .& L .C h a m .-C o n s.6 s ,1 920. A & O Jl03
104
108*2 L09
2 d m ort., 6s, 1 9 0 1 ..................... j &j
110
In co m e , 6s, 1 9 2 0 ................................
24
26
10b*8 L07
C on solid a ted g o ld 5s, 1 9 2 8 ..A & O
103*2 O hio I. & W .—1 st p ld .5 s ,1 9 3 8 ..Q -J
O. & M obile. 1st 6s, 1 93 0 J&J l l y
N ew H a v e n & D erb y —C o n .5 s ,1 9 18 110
107
In d . B l. & W.— 1st, p t , 7 s , 1 9 0 0 .
112*2
do
2 0 , 6s, 1 9 3 0 .... J&J
110
6s, 1 9 0 0 ................................... f & A §109
112
1 09
O. & M iss .—C on s., s.f., 7 s,1 89 8 . J&J 108
E
110
jNew H a v e n & N ., 1st 7 s ,1 8 9 9 .. J & J
C ons, m o rt., 7 s, 1 8 9 8 ............J& J . . . . . . 1 0 9
115*4
1 C onsol. 6s, 1 9 0 9 .......................A & O
2 d c o n so l, m o rt., 7 s, 1 9 1 1 ...A & O ............1 15
L ou’v .C .& L e x .— 1st,7 s,’ 97 ..J& J § i0 5
L06
N. J. J u u e tio n , 1st, 4 s, 1 9 8 6 ..F & A
100
ls t .S p r in g f. D iv ., 7s, 1 9 0 5 .-M & N ..........I l l
2d m o rt., 7 s, 1 9 0 7 ...............A&O §120
121
N. J. & N . Y . - l s t , 6s, 1 9 1 0 ...M & N
106
1st g e n ., 5s, 1 9 3 2 ..................... J & D
M em .& 0 .,s t l., M .,78, g.,1901J& D el 14
118
N ew L on d on N or.— ist,4 s,1 9 1 0 .J & J t i o o " 102
O hio R iv e r R R .— 1st, 5s, 1936. J& D
M .& C la rh sv.,st'g,6 e,g .,19 0 2 F& A e l0 9
L12
]N. J .8 o u .— 1st, 68,1899 int.gu.J& J
107
G en . g o ld , 5 s, 1 9 3 7 ..................A & O
106
uo
O h io S outhern—1 st 6s, 1 9 2 1 .. . J& D 1 0 2 % 105
N . O. & N orth ea st.—P rio r 1.6s. 1915
N .Y , & Can.—£ M .,6 s ,g .,1 9 0 4 .M & N e !1 4
116
G en. M. 4s, 1 9 2 1 ..................... M &N
51
54%
do
2 d ., 3 s ,,1 9 8 0 .M&S
N .Y .C .& H .R .— 1st c p .7 s ,1 9 0 3 .J& J 122
123
O hio V a lle y —G en .M .,5 g .,1 9 3 8 .J & J ............. .......
L eb. B ra n ch E x te n s io n ,1 8 9 3 a &o
D eb en tu re o s , 1884 1 9 0 4 .. M&S 10634
O ld C o lo n y— 6s, 1 8 9 7 ................. F & A 5105% 106
"taeh. & A /ec., 1st 78, 1 9 0 0 .. .J & j
116
do
5s, 1 889 1 9 0 4 ...M&S
106%
6s, 1 8 9 5 ........................................J& D 5102% 103
- je. & No. A la ., S. F. 6s, 1903K & N ei*09
11
„
do
4s, 1 89 0 -1 90 5 ...J & D
78, 1 8 9 4 ......................................M&S 5101% 102
. . . . . 103
D eb . 4s, g ., 1 »0 5 , e x t ., M & N ........ 100*8 100*2
4 % s, 1 9 0 4 ....................................A & O 6101% 103
5 0 -y e »r .-oM ’-t
MtVNl P9
O ■ . (lna inert., 6s. a.. 1 90 3 . J & j c l 19
121 | 4 % s, 1 8 9 7 ......................... . . . . . J & D 5101
102

Price nominal.

v Purchaser also pays aoorned interest.

t In London.

QCoupon off. f In Amsterdam.

t In Frankfort, Germany.

THE CHRONICLE.

J une 17, 1893. J
GENERAL

Q U O T A TIO N S

OF

STOCKS

AND

1007
BONDS— C ontinued.

Por E xplan ation * See Mote* at H ead o f First Page o f Q uotations.
R

a il r o a d

BONDS.

B id .

A sk.

O ld C olon y— (C ontinued.)
4a, 1 9 3 8 ....................................... J& J §100% 101*2
111
B . C. F. & N. B ., 5s, 1 9 1 0 ..J & J 5109
N. B e d fo r d R R ., 7 s, 1 8 9 4 ..J & J §101% 102
O m a lia & 8t. L .—1st, 4a, 1 9 3 7 .. J&J X ........ 58
O ran ge B elt—1 s t M ., 5s, 1 9 0 7 .-J&J
100*8
O r e g .& C a l.—1 st o s , 1 9 2 7 ......... J& J
iu
O reg. R ’y & N a v.—1st Os, 1 9 0 9 .J&J
8652
C on .M .5 s, 1 9 2 5 ......................... J& D
70
C olla tera l trust t s , 1 9 1 9 — M&S
O sw .& R om e— I s t M ., 7 s, 1915.M & N 125
2d. g. 5s. gu ar., 1 9 1 5 ............. F & A 104*2
95
O x.& C la rk .— 1st, p .& 1. gu. 6S.M&N
95
1st in teres t gu a r., 6s 1 9 3 7 ..M&N
105
P a n a m a —S terl’ g M ., 7 s. g . ’ 9 7. A&O e lO l
99
S u b sid y b o n d s, 6s, 1 9 1 0 — M&N e 95
12914
P en n . R R .— Gen. M, 6s, o, 1 9 1 0 . J&J 129
C ons. M ., 6 s ,o p .,’ 0 5 .J . 15 & D . 15 120
C on sol. 5 s, op ., 1 9 1 9 ............... M&S 113%
Cons. 4 , g ., 1 9 4 3 .....................M & N §102% 103
C olla tera l tru st, 4 % s ,1 9 1 3 ..J& D
E q u ip . T r. 4s, series A ............Q—F
P e n n . C o., 6s, c o u p ., 1 9 0 7 ..Q .—J
P enn . Co. 1 st M .,4 *38 ,19 2 1 ,..J& J 108*4
P en n .& N .Y .C an .— l s t . 7 s , ’ 9 6 .J & D
1 st m o rt., 7 s, 1 9 0 6 ...................J& D
98
& R R . co n so l. 4s, 1 9 3 9 ............A & O
P enn . & N. W .- 5 s , 1 9 3 0 ........... J&J
P e o . D eo. & E v - 1st, 6 s, 1 9 2 0 .J&J 103
2 d m ortg a g e, 5s, 1 9 2 6 ........... M&N
E v a n s v file D i v .,l s t 6S.1920.M & 8
P e o .& P ek in U r . - l s t ,6 s ,1 9 2 1 .Q - F 108
2 d m o r t ..4 % s , 1 9 2 1 ............. M&N
P e rk iom en — 1st ser. 5 s, 1 9 1 8 Q —J
2 d series 5s, 1 9 1 8 .................. Q.—J
108*2
P e te rs b u rg -C la s s A , 5s, 1 9 2 6 . J& J
108 4
Class B , 6s, 1 9 2 6 .....................A&O
P h ila .& E .-G e n .g u a r.,6 s ,g .,,20.J& J 113*2
G en era l 5 s, 1 9 2 0 .....................A&O
G en era l 4 s, 1 9 2 0 ..................... A&O
100*4
Sunb. & E r ie —1st, 7s, 1 89 7 .. A&O 112
P h ll.& R ea d in g —1st, 6s, 1 9 1 0 ..J& J 122
2 d , 7 s ,1 8 9 3 .................................A & O 102*2
C o n s o l.M .,7 s ,1 9 1 1 , reg .& o p . J& D 124
C on sol, m o rt., 6 s, 1 9 1 1 ..........J& D
103
Im p r o v e m e n t m o r t.,6 s , ’ 9 7 .A & O
C o n s. 5s, 1st s e rie s ,1 9 2 2 ... .M & N
D e fe r re d in co m e 6 s ..........................
67
69
N ew gen . m o rt., 4s, 1 9 5 8 — J& J
30*2 31
1 st p re f. in c., 5s, g o ld , 1 9 5 8 -----F
21
22
2 d p r e f . in c ., 5s, g o ld , 1 9 5 8 ----- F
16*2 16%
3 d p re f. in c., 5s, g o ld , 1 9 5 8 ----- F
16*2 17*2
3 d p r e f., in c., 5s, c o n v e r t ib le ...F
103
T erm . 5s, g o ld , gu ar., 1 9 4 1 .Q .— F
" 50*
P h il. R ead. & N. E .—4 s, 1 942
40
45
I n c o m e s , Class A .........1 95 2
20
30
I n co m e s , Class B .........1952
P h il.W . & B a lt .—D eb .4 s, 1 9 1 7 A & 0
108
110
6 s, 1 9 0 0 .......................................A & O
108
5s, 1 9 1 0 ........................................J& D 106
T ru st certs. 4s, 1 9 2 1 ...............J& J
100
P ied . & C um b.— 1st, 5 s, 1 9 1 1 .F& A
P it.C .C .& S t.B .con .4*48 \,1 9 4 0 A & 0 100% 1 01 %
C ons. 4 % s, series B , 1 9 4 2 .. .A & O
115
P ittsb .C .& b t . L —1 st, 7 s. 1 9 0 0 .F & A
P it ts b .^ l.& T o l.—1 st, 6s, 1 9 2 2 . A&O
111
P ittsb .& C on ’llsv .— l8 tM .7 s,’ 98.J& J 110
131
S terlin g c o n s . M . 6s, g ., guar.J& J e 129
P ittsb .F t.W . & C.—l s t ,7 s ,1 9 1 2 V ar
2 d m o rt., 7 s, 1 9 1 2 ..................... V ar
3 d m o rt., 7s, 1 9 1 2 .....................A&O
P ittsb . Ju n e. 1 st 6a, 1 9 2 2 ..........J& J 120
P ittsb . & L ake E .—2 d ,5 s ,1 928 A&O L10
P ittsb . M oK .& Y —1 st,6s, 1932. J&J 130
2 d 6s, 1 9 3 4 .................... ............J& J 123
P itts .P a in .& F .— lst,g .,5 s ,1 9 1 6 J & J
P itts.S hen.& L. E .l s t 5s, 1 9 4 0 . A&O
8 5 4 86
P ittsb . & W est.—1st. 4 s, 1 9 1 7 .J& J
S3
M ortg ag e 5, 1 8 9 1 -1 9 4 1 .-----M&N
P itts. Y . & A sh .— lst,5 s,L 9 2 7.M & N
105*s
A sh ta b u la & P itts .— 1st 6s, 1 90 8 . 113
P o r t l’n d & O g b ’ g —lst6 s,g .,1 9 0 0 J & J §108*2 110
P o rt R o y a l & A u g .—1st, 6s, '9 9 . J& J 10U
In co m e m ort., 6 s, 1 899 ..........J& J
P o rts .G t.F . & C on .—4% s, 1937. J& D §109" 110
90
95
P o to m a c V a l.ls t g u .5 s,g ., 1941. J& J
P res. & A r iz .C .— 1 s t g .6 s, 1916.J& J
2 d in c. 6s, 1 9 1 6 ........................ J& J
P r o v .& W orces.— 1 st 6 s ,1 8 9 7 .A&O §106
106*2
115
R a leigh & G a ston —8s, 1 8 9 8 .. .J& J
R en.& S ’to g a —1 st 78,1921 cou.M & N 140
1 40%
B iclL & D a n .— G en.m ., 6s, 1915J& J 107
109*2
85
87
D e b en tu re, 6s, 1 9 2 7 ................A&O
Con. m ort. g o ld , 5s, 1 9 3 6 .. .A&O
71
E qu ip . M. s. f. 5 s, 1 9 0 9 ......... M&S
W ash. O. & W Lst g u .4 s,’ 24. F& A
65
R ic h . & P ete rs b ., 6s, 1 9 1 6 -----M&N 113
R ich . Y o r k R . & d i e s . , l s t 8s, 1894 102
2d m o rt., 6s, 1 9 0 0 ...................M&N
60
57
R ioh .& W eat P t.T e r., 6s, tr.reo. F&A
24*« 26
C on .col.tru st, l s t , 5s, tr.reo.M & S
R io G ran d e Wes t ., 1 st 4 s, 1 939. J &J
744 754
93
94
R io G r’ d e J u n c .ls t g u .5 s ,1939. J& D
R io G r. S outh.— l s t , 5s, 1 94 0 .J&J
R o m e & C arrollt.—l s t , os, g ., 1916
R o m e W .& O.—C o n .,e x .5 e ,’ 2 2 .A & 0 110*4
R u tla n u — I s t M ., 6s, 1 9 0 2 ....M & N §108*4 108*2
E q u ip m en t, 2 d 5s, 1 8 9 8 ........F&A § 98
98*4
£ t .J o .& G r . Isl’d —lst,g u a r.6 s ,1 9 2 5 .
83 4 86
2 d m ort., in com es, 5s, 1 9 2 5 ..........
K an. C. & Om . l s t 5s, 1 9 2 7 ..J&J
105
St. L. A lt. & T .H . I s t M ., 7s, ’ 94. Var
2d m ort., p re f., 7s, 1 8 9 4 ......... V ar 10J
99% 93%
2d in co m e , 7 s, 1 8 9 4 ................M&N
D iv. bond s, 1 8 9 4 ..............................
B eU ov.& S .IU .,l8t,S .F .88.’ 9 6 .A & 0
no
B ellev .& Car., l s t 6s, 1 9 2 3 ..J& D
C h S t A..& P ad., 1st, g ., 5s, 1 9 1 7 ..
99^
8t. L S outh., l s t , 4 s, 1 9 3 1 ..M&S
84
d o 2 d, in com e 5s, 193 i .. M&S
Garb. & 8 h a w .,1 st g .4 s ,1 9 3 2 .M&S
-St. L. So. W. l s t ,g .. 4 s , 1 9 8 9 ...M & N
6 2%
2d, g., inc. 4h. 1 9 8 9 ..................J&J|
21
23%
J'rioe uom inaL

R a il r o a d B onds

B id .

A sk .

R a il r o a d

and

M is c e l . B o n d s .

B id .

A sk

3t.L .& 8 .F .—2 d 6s, ol. A .1906.M & N 108
O regon 8 h ort-L ., 6s. 1 922 .. F& A
101%
I ll
2d M., 6s, olass B , 1 9 0 6 ........M&N 108
U tah S o u t h .- G e n .,7 8 ,1 9 0 9 ..J&J
99
100
2d M., 6s, olass C, 1 9 0 6 ....M & N 108
d o E x t , 1st,7 s, 1 90 9 J& J
96
98
120
l s t m. M o. & W. 6s. 1 919 ...F & A e l 10
U tah & N or.— 1st M .7s,1 9 0 8 .J & J
E quipm ent 7s. 1 8 9 5 ................ J& D 100
G eneral m ort., 6s, 1 9 3 1 ......... J& J 105
U .P .D o n .& G u lf con . , 5 . g , 1939. J&D
67
90
U. & Bl. R .—Con. 4s, g , 1 9 2 2 ..J&J 102
G eneral m ort., 5s, 1 9 3 1 ......... J&J
—
1st trust, g ., 5s, 1 9 8 7 ............ A&O
U tica C lin .& B in g .ls t 5 ,1 9 3 9 ... J&J 5.........
62
C on. gu . 4s, g., 1 9 9 0 .............. A&O
V alley o f O h io—C on. 6s, 1 9 2 1 .M&S
87
K an.C . & 8 w ., ls t ,6 s ,g .,1 9 1 6 ..J&J
Ver. & M ass.—G uar. 5s, 1 9 0 3 .M&N 510512 106
106
Va. M ldl’ d .—l s t s e r .,6 s , 1 9 0 6 .M&S n o
F c.8.& V .B .B d .,ls t,6 s , 1910. A&O 105
8t.L .K .& So.W . - l s t 6s, 1916M & 8
2d series, 6 s. 1 9 1 1 ................... M&S
i’i’ 6 %
K ansas M id .— ls t , 4s, 1 9 3 7 . J& D
3d series, 6s, 1 9 1 6 .................. M&H
107
8t. Louis Salem & A rk a n s a s —5 s. t 88*4
4 th series, 3-4-5s, 1 9 2 1 .......... M&8
78
St. L. W. & W ., 6s, 1 9 1 9 ....... M&S \109%
5th series, 5s, 1 9 2 6 ..................M&S
97*4
it . L. V . & T. H .—l s t M ., 7a, ’ 97. J&J 108
109
G en era l 5s, 1 9 3 6 . ................. M&N
90
2d m ort., 7 s, 1 8 9 8 .................. M&N
do
gu a ra n te e d , s ta m p e d ___
80
2 d, 7s, gu ar., 1 8 9 8 ................ M&N
W abash—1 st g o ld 5s, 1 9 3 9 . .M &N 100*4 1 0 0 7q
i t . P. & D uluth— l s t , 5s, 1 9 3 1 .F&A 105
2d g o ld 58, 1 9 3 9 ....................... F&A
72% 7 4 7g
105
2 d m ort., 5s, 1 9 1 7 ...................A &O 103
D eb . m ort.,series A , 1 9 3 9 ___ J&J
St P .M in n .& M a n .— 1st 7 s ,1 909 J&J m
D eb . m ort., series B , 1 9 3 9 .. .J& J
27*2 3 0
2 d 6s, 1 9 0 9 ................................A & O i n
100*2
D ak. E x t .. 6e. 1 9 1 0 ...............M&N 114
102
105
l s t co n so l. 6s, 1 9 3 3 ............... J& J 118
l ls K t
do
1st con sol., re d u ce d to 4*2S ..J & J
102*2
d o N o. M o., l s t , 1 8 9 5 .. .J& J 105
106
M ontana E x t., l s t , 4s, 1 93 7 . J&I>
88*2
93
P a c. E x t ., l s t 4s, £ , 1 9 4 0 . . . . J& J e 91
W est J e r s e y —l s t , 6s, 1 8 9 6 ....... J&J 10614 108
M inn’ s U’ n , l s t , 6s, 1 9 2 2 -----J&J 116
115
116
M on tana C ent.— 1st, 6 s, 1937J& J
10014 100%
102%
l s t , gu ar., g , 5s, 1 9 3 7 ........J& J
105
107
E ast’ n, M inn., ls t ,g .,5 s ,1908. A&O 102*2
W illm &S’x F .ls t ,5 s ,g .,1 9 3 3 .J & D e 106
108
W est.N . Y .& P en n — ls t .5 s , 1 937J & J 1 02%
116
S t.P .& N o. Pac. - G e n .6 s . 1923. F&A
23*4
70
ia n A n t.& A .P a ss .,1 s t,6 s ,1916. J&J
68
106
l s t . 6s, 1 9 2 6 ............................... J& J
68
70
86
90
S a n F .& N .P .— ls t ,5 s ,g .,1 9 1 9 ...J & J
105
.
S a n d u sk yM a n sf.& N .—l s t , 7 s,1909 118
i'0 2 ~
59
S a v .A m . & M o n .co n .,6 ,g .,1 9 1 9 .J & J
107
i a v . FI. & W .— l s t , 6s, 1 9 3 4 ..A&O
109
A t. & G u lf, c o n . 7 s, 1 89 7 ....J & J i 0 6
98*2
So. Ga. & F la .—l s t , 7 s,l8 9 9 .M & N 1 07% 108*2
2 d , 7 8 ,1 8 9 9 .......................... M&N 104
W ilm . C ol. & A u g ., 6s,
112
77
8 c io t.V .& N .E .-lst,g .,4 s ,1 9 8 9 .M & N
106
102%
S eaboard & R o a n .--6 s , 1 9 L 6 ..F & A
108
111
5s, co u p ., 1 9 2 6 ..........................J& J
W inona& 8.W .S eat.L .8.& E.—ls t ,g o ld ,6 s ,’ 31.F & A
79*4
80
88
Shain. Sun.& L e w .—l s t , o s ,’ 12 M&N
21
Iu co m e s , n o n -cu m ., 5s, 1 9 3 7 ........
Sham. V .& P otts.—7s, cou . 1 9 0 1 J & J 115*2
W ore. N ash. & R .—5 s, 1 8 9 5 .. . Var. §101% 102
30
So. C en. (N .Y .)—C onsol, m ort., 5 s ..
N ash. & R o c h .. g u a r ..5 s .’ 9 4 .A&O §100 *2 101
So. C arolin a— I s t M .,6 s ,1 9 2 0 ..A&O i b o " 105
IT IIS C J E L E IN E O U S B O N D S .
2 d m o rt., 6s, 1 9 3 1 .....................J& J
A m er. B ell T elep h ’ o —7s, 1 8 9 8 . F&A $108% 109
In co m e 68. 1 9 3 1 ...............................
A m . C ot. O il—M. g. 8s, 1 9 9 0 ..Q - F
109
So. P a c.,A riz .— 1 st,6s,1 9 0 9 -1 0 .J&J 100
103
So P a o .C a l.-ls t ,6 s ,g .,1905-12 A&O 113
94
1st c o n . g, 58, 1 9 3 8 ................. A & O
95
If 9 4
A u s t.& N o rw .—ls t ,5 s ,g .l9 4 1 J & J
88
§ 74*2 75
100
So. P a c. B ra n ch —6s, 1 9 3 7 .. .. A&O
C aU abaC T M iu.— 1st g.7 s, 1907
So. P a c. C oast—l s t gu ., g ., 4s, 1937
Ches. & D e l.C a n .— l s t 5 s ,1916.
64
So. P ao.. N. M .— l s t , 6s, 1911 .J & J 103
C hic. G a s L . & C .—g. oa, 1 93 7 .
84%
S pok .F a lls &N.— l s t 6s,g., 1939. J& J
100
C hic. June. c o l. g. 5 s, 1 9 1 5 ___
5 98% 99
S ta te L. & 8 u l.—l s t 6 s , 1 8 9 9 ...J& J
C o lorad o C oal & I—6s, 1 9 0 0 ...
102
104
Stat. Isl. R. T r.— l s t 6 s,g .,1913. A&O
2 d m ort. gu ar. 5s, g., 1 9 2 6 .. .J& J
Sunb.H az.& W -B .—lsr,5s,1928M & N
*12**
C onsol. Gas, B a lr.2 d m o rt., 6 s, 1 93 8 , re g ........M&N 100.
111%
Sunb. & L e w ls t o w n ,l b, 1 8 9 6 ..J&J 107
100% 1 01 %
114
Susp. B . & E rie June, - l s t 7s, 1900 108
S yr.B in g .& N .Y .—oonsol/T s.’ OtiA&O
C on eu m .G a8 .C h ic.90
S yra ou seS t. R ’y .—1 st,5s, 1920. J& J
.........
T e r .R R .A .S t.L .ls t,g .4 * 2 ,1 93 9 , A&O
$ 97% 100
T er.H & ln d .—C on .M .,5 s, 1 9 2 5 .J&J
104
T er.H & t\— l8 t,5 8 ,g u .,g .l9 4 2 .M & 3
95
E ast R iv e r G a s—ls t
8 9 % 90
..........
T erre H . & L o g ’p t.— ls t,g u ., 6s,J& J $106
E d ison E le c. 111. C o.- -1st, 5s.
l s t an d 2d, 6s, 1 9 1 3 ................. J& J §104
E q .G ’e& F .,C hic—Is
98
Tex. C en t.—lst,sk .fd .,7 s,1 9 0 9 M & N
81
87
l s t m o rt., 7s, 1 9 1 1 ..................M&N
T exas & N ew O rlea n s—ls t ,7 s .F & A
.........
S abine D iv ., 1st, 6s, 1 9 1 2 ...M & S 105
IO 5 "
Tex. & P .- E a s t .D .l s t 6s,1905.M & 8
H o b o k e n L . & Im p. 5s,
71% 7 1%
1st g o ld , 5 s, 2 0 0 0 .....................J& D
90
2 d g o ld in c ., 5s, 2 0 0 0 .............Meh
17% 19
99
100
112
T h ird A v en u e l s t 5s, 1 93 7 -----.J & J
90
L a cled e Gas, St. L .Tol. A . A .& C ad.— ls t ,6 s , 1 91 7 . M&S
79%
Tol. A . A .& G r. T .— l s t ,6 s ,1921.J&J
90
103
T ol. A. A. & L ake M ich .— l s t 6s . . .
90
T ol. A . A .& M .P .—1 st,6 s,1 9 1 6 .M&S
i ’0’3 " i‘oT*
Toi.A .A r.& N .M .—lst.6 s,1 9 2 4 .M & N
110% 111
93
M ort. 68, 1 8 9 7 ___
l s t con sol. 5 s, g. 1 9 4 0 ............. J& J
126%
T ol. & O h io C ent.—l s t , 5s, gu .1 9 35 105
106”
G en. m ort. 4 % s, 1 9 2 4 ........
90
95
Man. B ek H .L gen. 4sg .1 9 4 0 .
T ol. & O. C. E x t . - l s t , 5 s, g ., 1 938.
I .I I I - . ..........
D o d o g u a r .................................
92% 97%
M a rietta M in., 1st, 6s, g ., 1 9 1 5 ..
90
106
110%
T ol.P eoria& W .—1 st,4 s ,1 9 1 7 ....J& J ’ *75
92%
60% 63
§104
T ol. 8 t .L .& K .C .,ls t ,6 s ,1 9 l6 ...J & D
104%
N ew O rleans P a c.—l a n d g ra n ts..
T ro y & B oston 1st 7s, 1 9 2 4 ... J&J
20
27
N orth w ’ n T elegraph—7 s ,1904 J&.
U lster & D el. co u ., 5, 1 9 2 8 ___ J& D ^ 10*2%
105
U nited C o’ s N .J— Gen.6s, 1901.M&S §113
114
97*2 93
do
gen . 4s, 1 9 2 3 ......... F& A § l o 2
51
52
do
gen . 4s, 1 92 9 ..........MAS §104
106
Penn. C anal—6s, 1 91 0 .
64
s te rlin g d o
6s, 1 8 9 4 ..........M&S
P enn. Steel— l s t 5a, 1911
I ......... . . . . . .
do
6 8 ,1 9 0 1 ..........M&S
U nion P a c ific —l s t , 6s, g , 1 8 9 6 .J&J 106%
2d
do
1 90 4 .
*99**
l s t , 6s, 1 8 9 7 ................................ J&J 107
! 100
le t, 6s, 1 8 9 8 ................................ J& J 108%
l s t , 6s, 1 8 9 9 ................................ J& J 109% 112
i ’0 *7" .......
Sink. F .,8 s , 1 8 9 3 ......................M&S 102*4 102%
>.128
132
L6
Om . B rid g e , s te r l. 8 s ,g ., ’ 96. A&O e l 10
116 i S ecu rity Cor. Let g. t>s, 1911 M&N
85
. . . . [ Sp.Y al. W r.W ks.— 1st, 6s, 1903.M&S 1 : : : : : :
C olla tera l trust, 6s, 1908 ....J & J 100
35
S u a d a y Cre k C oal —Is , g ., 6 s ___
C olla tera l trust, 5s, 1 9 0 7 ___ J& D
C olla tera l tru st 4 %s, 1 9 1 8 ..M&N
Tenn.C . I.& R
*80**
G old 6s col. t’ st uotes, 1 89 4 .F & A
98*
j 83
E qu ip m en t T ru st 5 s ................A&O fl0 0 * 8 ........
109
.........
K ans. P a c., 1st, 6a, 1 8 9 5 ___ F&A
1 C ollat. trust cu r. 5 j, 193a.
d o l s t M., 6 s, 1 8 9 6 ........J&D 103
J&J ! i'0‘ 3 " 103*2
i | h L E. & P. C oal l s t g. os, 191
W
d o D en . E x t., 6 s ,1 8 9 9 .M&N l o 9 *4
72
74
1 06 "’
d o 1st con s. M .,6s, 1 919 M&N
l| S T O C K S - U A I L l l O A D . Par.l
Oen. Br.U . P— A.&P. P .6s,'95 M&N 103
Fund, co u p o n 7s, 1895 ...M & N 100
iAda. G t. S outh.— A ., 6s, p r e i., .£10 e 7 %
8%
79 i B, c o m m o u .................................. £ i O e 2 j 2%
A tch .C ol. & P., ls t . 6s, 1905Q .—F
80 I; A la. N. O. & P a o., & c., A , p r e f .£ 1 0 e
%
1%
4 t.J .C o.& W .,ls t,6 s, 1 90 5 .Q ,—F
80
U. P. Lin. & 0 ., ls t .g .,5 s ’ 1 8 A & 0
77
do
d©
B. a e f JJlO e
*4!
%
70 I A la b a m a & V ick sb u rg ........................> ....... ........
O regon Short-L. & U. N. C o n s o l..
28
.1; A io a u y & b u squ eu .. G u ar.. 7 . .1 0 '» x l 5 5 | lf5
C ollat. T ru st 5s, 1 9 1 9 -----M&S

§ P u rch a ser also p a ys a ccr u e d in tereit.

e In L on d on ,

a C o u p .n otL

a P n o e per share,

t In A insoe dam .

i In F ra n k fort.

THE CHRONICLE.

1003

[V o l. L Y I.

G E N E R A L Q U O T A T IO N S
O F STOCKS A N D
B O N D S — C o n t in u e ]?.
For E xplan ation * See Note* at H ea d o f F irst P age o f Q u otation s.
r a il r o a d

St o c k s .

B id .

A sk.

R

a il r o a d

St o

cks

.

B id .

A sk.

223e 22% Iow a F .& 8 io u x C ity 9% 11
Kan. & M ich .................
90
85
32
K . C. Sub. B e lt ... 100
94
95
left. M. &Lnd., I’ d . .100
3
2*s
35
25
Kan.C.Ft.S.&M em.lOO
95
.........
96
95
75% K an.C.Ft.8.& G .p f.1 0 0
74
10
8
7 5% Kau.C.Mem.<fc B ir.loO
71
132% Kan.C.Cl’ n & Sp’d .1 0 0
d o 1st p re f.,
Keokuk fe D es M ..1 0 0
........ 120
d o 2 d. p r e f.
do
p r e f .. 100
3%
B . & O.S.W.—pri
.........
K eokuk & W est’ n ..lO O . . . . . . . . . . . .
_____
CIngst’ u& Pem br’ ke50
17% 18%
Lake E rie < W — 100
fe
x2 0 8 2 0 9 '
70
71%
do
P re f.1 0 0
x l 8 6 187
123
L. 8h. & M ich . S o .. 100 122
163 % 164
.eh ig h V a lle y ......... 50 8 46% 47
145
144
Little M ia m i..............50 161% 163
251
Little Sohn’ k ’l ..........50
250
io i
99
115
Long I s la n d ............... 50
113
31
Lon. E vans. & St. L .100
21% 213l
29
do
P re f.1 0 0
32
67% ' 67 3»
83
Loulsv. & N a s h v .. 100
80
do
15% 16%
Louisv.N .A.& C hic.lOO
40
18
Louis. St. L .& T ex. 100
5
4
Louisville S outh’n.100
98
108
22
M ahoning C oal R R .5 0
8 21
do
110
100
do
P r e f ..5 0
50% 51%;
78% 79% Maine C e n tr a l___ 10c 120
240
Man. & L a w ’ c e . . . . l 0 0 237
5
8.........
Catawisea...............
M anhattan, c o n ... 100 1 31% 132
8 51%
do
1 st p f .
Marq. H . & O n t .. . 100
8.......... o i
do
2 d p r e f.
do
P r e f .. 100
M a ssa w ip p i........... 100 118% 120
ll......... 38
14
Memph.«fe C h a ri___ 25 . . . . . .
]5
8
M exican Cen tral ..1 0 0
49% 5 0
do
4
107% M exican N a t., T .R .1 0 0
107
96
99
M ichigan C en t___ 100
8......... 54
Mine H ill & S. H ....5 0 s 67
8......... 60
do
12%
n%
25% 26% M inn.& St.L, t. rec.1 0 0
_____ 19
29
35
P r e f., trust r e c .. 100
Min. 81. P . & S. S. M .. 100
18% 19
142
138
do
p r e f___ 100
" T i % 12%
M o. K a n . & T . .. .
do
20% 20%
86% 8S%
do
p r e f .. . 100
34% 35
62
66
Missouri P a c i f i c ... 100
Civic, & E ast. 111..
21
94% 99
M ob ile < O h io ........100
fe
18
do
p re f
8u
M orris &ELx, g u .,7 .5 0
C h ic. G .W ., 4 p. o.
90
60
84
Nash.Chat.<fe St. L .1 0 0
5 p e r cen t p .e f. A . . .
68% 68 3s Nash. & D e ca tu r. ..2 5
Cfilfc. M il. & St. 1
-------211
117% N ashua & L o w e l l .. 100 210
do
prel
CMC. & N o rte w ’:
105% 105% N a u g a tu c k .............100
139
137
N ’squ ehoning V a ll’y 5 0 8 51%
do
p r e f .,'
N ew H ’n & N o rth .. 100
71% 71% N ew L on d on N o r.. 100
39% N. Y.Cent.<fe H .R iv .1 0 0 102
39
103
C.St.P.M . <teO. .corn 100
116
14% 16
N .Y .C h .& S t.L .n ew 100
do
p r e f .100 114
30
31
64
do
1st p r e f.1 0 0
Ohio. A W est M ich. 100
135
do
2 d p r e f.1 0 0
30
Cin. H am . A D a y .100 130
27
10
20
. Y . & H a r l e m ___ 50
d n o .N .O .A T .P a c. 100
59
Cln. Sand. & C .p f. 50 x 5 7
N .Y .L ack.& W est...lO O
C lncin. A S p rin g ___
17 ^ r r 8
N .Y .L.E rieds W est.100
37% 38%
CleveL AX. A C o l.100 t 30%
do
P re f.1 0 0
2 1 % 2 1®8
4
5
C love. A C a n to n .. 100
14
14%
do
p r e f.1 0 0
do
P ref.1 0 0
63
64
40% 41%
C lev . C. C. A St. L .1 0 0
* H .& H a rtf.lG O
N .Y .<feN orth.,com . 100
do
p r e r .lo o
152
do
p ref.1 0 0
14
Cl. A P itt.,g u a r., 7. 50 147
15
10
CioL A G reen ,,p rei. 100
14% 1 5 .
Ont. <feWeet..iC
20
Col. H .Y a l. A T o l.1 0 0
20% N. Y . P a .& O .............
%
%
P ref....................
62
Io
p r e f____
si
7e
........n N. Y . P hil. & N orf.1 0 0
Con. A M ontreal—
N. Y .8usq.& W est’nlOO
13
14
C l.I (B .C .A 5I.p f.1 00 144
146
'
do
P ref.1 0 0
53
57
Class IV . (Cono.)lOO 202% 203
N. N ew s <feMiss.Val.Co
ito
IN orf. < Sou............ 100
&
C on .A P orts.,g u .,7 lO o 155
50
Conn. A P a ssu m p .J 00 123
124
Norf.<& W est,, c o m .100
7
8
C o n n e cticu t R iv e r ] Oe 2 29 % 230
do
p re f.1 0 0
26
4o
47
C ons, o f V t., p re f 100
N orth C arolin a ___ 100
C urrent R iv e r ........l o o
7% 15
N o. P e n n s y lv a n ia ..50 s 80% 81
76% 77% N orthern C e n t r a l... 50 s 69
C ay. A M ien., g u .. 50
69%
d o p f.,g u ., 8 .5 0 172
173
N o rth e a ste rn ........... 50 8......... 50
D el. A B ound B r ’klOO
N orthern N. H ....... 100 143%i 144
122
D elaw are A H u d . . 1OC 121
NortlTn P a c., c o m . 100
13% 1334
111%
D e l. L a ck . A W est. 50 111
do
P r e f.1 0 0
34% 343g
D e n y . A R io G r ....l 0 0
l 3 78 14% Norw.<fc W orcester, lu o 176 $4 177
do
p r e f .100
18% 49
Ogd. & L. C ham p . 100
12
15
9
D e s M . A E t. D ’ ge 100
5%
Ohio & M iss............ 100
15
16
12
do
p r e f.1 0 0
20
do
P r e f.1 0 0
D e t. B a y C ity A A .100
Ohio S ou th ern ........100
28
40
D e t. H ills. A S. W .1 0 0
Old C o lo n y .............. ICO 184% 185
88% 90
D et. L a n . A North.10U
10
O reg. R ’y & N a v .. 100
60
65
15
20
do
p r e l.100
Or. 6. L . & U tah N.100
12
14
D nlntli 8. S A A tl.1 0 0
8
7%
P en n sy lv a n ia R R . .5 0 s 50*3 50
do
p r e f.1 0 0
17
20
Penn. & N o rth w e s t.50 s ___
50
E, T enn . V a. A G a .1 0 0
%
Peoria D ec. & E v .. l 0 0
10
11
10
20
d o 1st p r e f.1 0 0
P eo. < E a stern ___100
fe
3
d o 2 d p r e f.. 100
4
P eters b u rg ............. 100
i ’0 9 ’
East P e n n s y lv a n ia .50 s 53
Phila. & E r i e ........... 50 8 25
E astern in N. H ...1 0 0
78
8 0 j Phil. G erm . & N o r ..50
E lm ira A W ’m sp’ t . 50
Phila. < R e a d .......... 50
fe
16% 16 %
do
P r e l........ 50
Phila. < T r e n to n .. 100
fc
E v a n sv ille A T. H ..5 0 131
136
Phila. Wilm.<fe B a lt .50 s 57
57%
F ltcM m rg .................ICO
16
16% Pitts.C in. C.<feSt.L. 100
14
16
do
P r e l . . ..10 0
83% 84
-d o
p r e f.1 0 0
50
53%
F lin t A P e re M arq. 100
17
Pitts. < C on n ell’e ..5 0
fe
8
do
p r e f:. 100
58
60
Pltts.Ft.W .& C.,guar.7 148
152
F la .C en.A P . -V .T .C e r. f 11% 11% , Pitts. J u n ot....... 50
s 33
35
d o l s t p r e f .c u m .l o o
P itts.M .K .& Y ou gh 50 123
124
d o 2 upf.iion.eu ui. loo
30
Pitts. V a. & C harles.50 s x 42
44
G eorgia P a c ific ... 100
3
5 1
8.........
Ga. R R . A B ’k g C o.100 14S
152
do
P r e f . .50
34
36
G r. R ap id s A ln d .1 0 0
1
s 43
50
5
G t. N orth. R y . p r e f.. 114% 116 1
do
p r e f ___ 50
61
Gr. B . W. ABt. P ...1 0 0
7
8
. S aco & P orta . 100 129
129%
do
P r e f . . . 100
14
15
|
R o y a l < A ugusta
fe
H a r tf’ d A C t . W est.100
33
245
247
H ous. A T e x .C en t. 100
3
4
160
165
H u n tin g . A B r.T o p .5 0 s 35
36
j
122
125
do
Pref.OC 8 50%
108
Illin o is C e n t r a l... 100
92% 93
2*4
2%
d o le a s e d l .,4 p .c .l 0 0
do
P re l.tr.re c.1 0 e
17is 18%
I o w a C entral___ .V I00
7
c
dohm ond Y o r k K .& C .
An
T f mn
>r<.
9 0 % | 22
Rio Ornn.1^ We*fc.. 100
16
P rice n o w in a i.

£ P u rch a ser also p a y s a ccru ed in terest,

M

is c e l

. St o

ck s

B id .

.

Rio G r.W est., p re f.1 0 0
RomeW .<feOgd.,go.lOO
R u t la n d ...................1 0 0
D o p r e f.. 7 ...1 0 0
St. J o s .& G ’d Isl’ d .1 0 0
S t.L ou isA lt.& T .H .lO O
do
P r e f.1 0 0
St.Loui9 S ou th ern . 100
St. L . < So’ w e s t ... 100
fe
do
P r e f.1 0 0
St. L . V an. & T .H .1 0 0
8C. P a u l & D u lu th . 100
do
P re f.1 0 0
St. P .M in n. S M a n .100
r.
Sharon o f P a ., g u a r ..
Shore L in e ............... 1 0 0
S >uth C a r o li n a .... 100
South. Cal. p r e f ....10 0
S outhern P a c. C o .. 100
S’ w e st., G a ., g ’ d . 7 .1 0 0
State L in e < S uU ....5 0
fc
Sum m it B ra n e h .P a .5 0
8 u n b ’ r y & L e w is t’ n.50
T erre H . < In d ’ na p .5 0
fe
Texas & P a cific . . . 100
Tol. A n n A rb o r & N.M
T o l. & O h io C ent’ 1.100
do
P r e f... 100
T ol. P eor. & W e st.1 0 0
T o l.S t.L .& K . C ity ..100
do
p re f.. 100
U lster & D e la w a re . 100
U. N .J. K h <»C. C o.100
U nion P a c ific ......... 3 00
Un. P a c. D en . < G .1 0 0
fe
U tica < B la ck R iv .3 00
fc
Vt.<fe M a s s .,r s e d ,6.100
V irginia M id la n d .. 100
W abash R R ........... 100
do
p r e f .. 100
W arr’ n (N .J .),l’ s’ d ,7 .5 0
W est E n d (B o s t ,) ...5 0
d o. p r e f. (B os.) 50
W est J e r s e y ...............50
West J e rs e y & A t l .. .5 0
W estern M a r y la n d .50
W est. N. Y.<fe P e n n . 100
W heel. & L . E ........100
do
p re f.1 0 0
Wil. C olu m b ia & A .l 00
Wilm. & W e ld o n , 7 .1 0 0
W inona & S o.W estlO O
W isoonsin C ent. Co 100
do
P r e f.1 0 0
Wor.Nasli.<fe R o c h .1 0 0
C O A L & M IN IN G
S T O C K S , N .Y .
A m e rica n C o a l......... 25
Col. C. & r. D e v e L .1 0 0
Col. F uel < I r o n . . . 100
fc
do
P r e f. .1 0 0
C ol. < H o ck .C . < 1 .100
fc
fe
C o n s o l.C o a lo f M d .1 0 0
H om esta k e M in’ g.lO O
L eh .A W ilk esb .C oa l 50
M a ry i’ d C oal, p re f.1 0 0
M inn esota i r o n . ... 100
N ew C en tra l C oal .1 0 0
O n ta rio Sil. M in ’ g.lO O
P e n n sy lv a n ia C o a l.50
Q u ick silv e r M in ’g .1 0 0
do
p re f.1 0 0
T enn.C oal& IronC olO O
do
p re f.1 0 0
E L E C T R IC
L I G H T , & c .P a r
B rush, B a it., p r e f.1 0 0
C o m m o n ............... 100
Con. E le c. S to ra g e .......
E d ison 111. Co. o f N .Y .
“
“
“ B k lyn .
“
“ B o s t o n ___
Ft. W a y n e E le c .O o ..25
G en. E le c tr ic C o ... IOC
do
p r e f.1 0 0
Int. C ond uit & In s .1 0 0
E d is’ n P h o u .T o y M f .Co.
N orth A u ier. P h on . Co.
T liom .-H . Sec. S e r .C .I o
do
d o S e r .D ...
T hom .-H . ln te rn a t. 100
do
p r e f .. 100
T hom . W eldin g C o.1 00
d o E u rop .W .C o.10 0
U. S. Illu m iu at.C o.1 0 0
W est. E l. L . C on sol.50
Do
p r o f........5 ‘
GAS STOCKS.
B alt. C onsol. G as .1 0 0
B a y S ta te....................50
B ro o k ly n .................... 25
C itizen s’ ...................20
F u lto n M u n icip .1 0 0
M e tro p o lita n ___ 100
N a ssau ..................... 25
P e o p le ’s ................... 10
W illia m s b u r g ___ 50
C ha riest/u ,S .C .,G as.25
C hartiers V a lle y .. 100
Cliic. Gas tr. r e c . .. 100
C incin. G .& C o k e .lG O x
D e n v e r C o n so l___ 100
H a rtfo rd , C t., G . JL..25
In d ia n a p olis, 3uid..50
J e rse y C ity G as L igh t.
P e o p le ’ s Gas L ig h t..
L o u is v ille G a s L ig h t.
M em phis G a s.................
N. O rlea n s G as L .1 0 0
N. Y. C ity— C e n tra l-50
C o n s o lid a te d ___ 3.00
E ouit.p.ble........... 100

* Q u ota tion s d olla rs p e r share.

A sk .

M is c e l .

St o c k s .

B id .

A sk.

57
59
107% 110
3
3%
70
63
8%
23
35
150
95
6%
5 78
11
11%

N. Y. Ci t y - M u tu a i. 1001 1 4 0
143
S tand ard G a s ,p f.1 0 0 ! 79
84
P hila. Co. N a t.G a s . 5 0 U 1 8 78 19
P ittsb u rg G a s C o . . . 5 0 . 7 5
P o rtla n d , M e., G . L .5 0
St. L ou is. L a cle d e . 100
16 ‘ 1 7 '
do
p r e f.1 0 0
57
63
San F ra n c is co G a s ___
713a 7 1 %
N .Y . & B R ’ K L Y N
HORSE RRS.
L o ca l
S ecurities
in
33
36
C h r o n ic l e each week
102
105
except 3d o f m onth.
106
103
TELEG RAPH .
5105
110
A m er. Tel.<fe C able. 100
81% 8 5
C ent. & So. A m . Cable
1 15
C om m er’l C ab le Co 100 135
170
F ra n k lin ...................3.00 x 3 5
40
27
27% G o ld & S to c k ........100
100
103
1......... 66 M e x ica n .................... l o o
1
200
8...... is : N orth w est, g u a r ___ 50 1 04 % ____ t
8 6% 7 P a cific & A t la n t ic ___ 5 0 6 0
5 60
P osta l T el. C a b le.........
75
122
128 j 8 o u th ’n & A t la n t ic .25
75
82%
6%
7% W estern U n io n ___ 100
82_78 83
953 10%
TELEPHONE.
39
50
A m erica n B e ll___1 00 a 1 89% 190
74
8J
E rie ............................ 100
45
45%
H ud son R iv e r ........100
6% M e x ic a n ..................... 10
•90c. IT O ©
10
9 2 % 95
..........! N .Y .& N ew Je rse y . 100
N ew E
56%
IT ro p ican g la n d ........100 5 6
224
l....................... 10
roc.
28% 29%
T R U S T CO’ S
9% 10% A tla n tic .................... 100 2 5 0
290
B ro o k ly n T ru st .. .1 0 0
450
143
143% C e n tra l......................100
975
C o n t in e n t a l........... 100
152%
8
9
F a rm ers’ L o a n & T r.25 725
750
17% 1 7 % F ra n k lin ................... 100
290
H a m ilto n ..................100
215
8 56 5*0% H o lla n d .................... 100
175
s 79% 80
K in g s C o u n ty ........ 100
285
8......... 57
K n ic k e rb o ck e r ..... 100 175
200
s 18
L o n g I s l a n d . . . . . . 100
240
8 . . . . . . 16
M a n h a tta n ................. 30 115
125
8.........
5
M e rca n tile ......... _ . 100 325
13
14
M e trop olita n , ... ..1 0 0
300
46
51% N a s s a u ..................... 100
160
112
N. Y. G uar. < In d .1 0 0
fe
445
N. Y. L ife & T ru st. 100 650
690
N .Y .S e cu rity A T r .1 0 0 225
235
8
11
P e o p le s’ , B rook lyn lO O
290
38
42
R eal E sta te L .& T . 100 155
153
129% 13 L
S ta te........................... 100 228
235
U n io n ......................... 100
750
8 60
U n ited S ta tes..........100 840
89
91
W a sh in g to n ............ lO o 185
195
13
15
T IIS C ’ L L A N E O U S
40% 4 2 ^
STOCKS.
104
A d am s E x p r e s s ... 100 1 4 0
150
8%
9% A m . B an k N ote C o ..50
52
54
27
30
A ui. C otton O il___ 100
35
353*
13
16
do
p r e f.1 0 0
63% 69
20
26
A m e r ic a n E x p r e s .1 0 0 105
115
87%
70
55
A m e r.S u g.R e f,C o .........
87
60
do
p r e f..........
85
85%
10
A m e r:ca n T o b . C o ..5 0
53
8
62
do
p r e f.. 100
36
15
19
85
a
6
6%
O 2% A sp iu w L ll uL a n d ___ 10 js 4
B oston a d .............. 10
4%
8
2 )
B oston W a te r P o w e r ..; s 1%
1%
16% 16% B rook lin e (M a ss.)L ’ d 5 s 3 %
4
B ru n sw ick C o ........100
75
4%
8
C an ton Co. (B a lt .). 100
70
C. J. R’y ’s U. S t’k Y d s
86
87
90
A sk.
d o P r e f.................. 100
87
B id .
Ulafiin C o.................. 100 116% 122
75
do 1st p ref. n o n -c. 100
32
d o i d p re f.n o n -c .1 0 0
2%
1
104
135
C on. K a n . C.S. & R .,2 5 130
106
Det. Uu. D . & St’n.iOO
L02
99
2 0 % , 2 0 7a
129
Diat. & C. F e e d . C o.1 00
131
4
9
9% E ast B oscon L a n d ., ... _ 3 %
4
F re n ch m a n ’ s B a y L d .js
4%
70=8 71
H ecker-J.-J. M illin g, p f
91
H en d erson B ridge.lO O
95
30
45
.1 0 0
3 0c. Illin o is S t e e l .
200.
4
Iro n S te a m b o a t...1 0 0 |
5
K eeley M o to r........ 50|
2%
s 6%
7
8 6
6% L a m son S tore Ser. .5 0 i 16 < 1 6 %
L eh igh Coal A N a v . 50;£ .........
51% .
242
250
M auh’ tt’ n B ’ch Co.lOOi
5
7
105
103
2
M a verick L a n d ___ 10 ’s
55
60
1%
112
113
6
M ex. N at. C on stru ct’n
M ich. P cn s u .C a r.. 100
s 25% 26
d o . p r e f . . . . . . 100
s 44 45
M orris Can., gu. 4 .1 0 0
*8*6
d o p f.,g u .!0 .1 0 0 193
56
56%
M t. D es. & E .S .L an d .5 .
8c.
8 0%
6
13% 13%
Nat. C ord a ge (n e w )...
110
115
45
50
do
P r e f.....
32% 3 2 %
N a tion a l L e a d C o ........
1 30
135
72%
71
do
p r e f ...........
1 20
130
2L
23
Nat. L in seed Oil C o ...
150
5
; Nat. S tarch M. C o .1 0 0
S
87
91
70
55
1st P r e f .......................
130
..........!
40
8 23
----- 1 2 d P r e f......................... 23
50
60
te
s 9
10 [ N. Y. L o a n < Iin p H t...
.
85b
8%
69% 6 9 7e' N orth A m erican C olO O
69%
r‘ ° 1:N ciO ilw est E q u ip . 100
193% 198%
12
O regon I in p r o v e .. 100
1365
70
1850 19
P a cific M ail SB. C o.100
31
P enn sylY . S te e l__ 100
140
P . L o rilla rd C o .p f..lO O 110
115
180
P ro c te r & G. C o ... .100
140
P re f. 8 p. c. cu m , 100
115
118
P ulim ’n P a la c e C ar 100 168
171
7
8
m 112% Sau D ieg o L a n d .,.........
106
St.LiOUis B ’d g e ,l8 t p r e l !«103
100
52
2 d p re f. c e r t ....... 100 e 43
126
128
106
170
175 1 St. L ouis T uu . R R .1 0 0 le v 0 3

6 I n Lon&QU,

y W ith o rd e r f o r d e fa u lte d in te r e s t

THE CHRONICLE.

J une 17, 1893,]

GEN ERAL

QUOTATIONS

OP

STOCKS AND

1009
BONDS— Concluded.

F o r E x p l a n a t io n «ec N o te * a t H e a d o f F ir s t P a c e o f Q u o t a t io n * .
M is c e l l a n e o u s St ’ k s .

B id.

Ask.

Ma n u f a c t ’ g St o c k s .

Bid.

A sk.

B a n k St o c k s .

B id.

A sk.

G5
S alm on F a lls (N .H .)300 2 5 0
255
60
St. L ou ie T ra n s fer C o.
C om m ercial N a t... l o o ! 325
350
50
|
Above (F a ll R iv .) ..1 0 0 ......... 108
South’ n C ottonO il.lG O
(C ontinental N a t... 100
Slade (F a ll R iv .).. 100; ......... 5 >
T ex. A P ao. L ’ d T r.10 0
orn E x ch a n g e .............
60
50
Stafford (Fall R iv .) 1 0 0 1 110
114
U. 8. E x p r e s s .........100
D rovers’ N ation a l....... |
150
42
U. 8. R u b b e r C o ... 100
38
Stark M ills (N .H .) 1000 12121a; 1220 First N a tion a l....... 100
350
78
82
Irecu m seh ( F. R . ) .. 100 ......... 105
do
p r e f ............ 100
Foil; D e a rb o rn N a t___ . . .
148
!T h orn d ike (M ass.) 1 00 0 1365 ; 1375 G lobe N ation a l............. ! 110
W ells F a rg o E x p .. 100 1 40
115
T rem on t AS. (Mass) 100 1 33 b? 1134
W e stE n d Land (Boat.)
i Hide and L ea th er. 100
155
1 3 ^ 14
IU n ion C .M f. (F .R .) 100 185 ,137
W est’ n U n ion 8 e e f C o.
Ills. T r. A 8 a v ............... 325 ;375
M IN IN G STOCKS^
W am p a u oa g (F .R .) 100 .......... 107
IIn te rn a tio n a l............... 130
140
(N. Y. A S A N . F R A N .)
; Washington (n e w )..100
99
TOO
L incoln N a tio n a l.........
•75
A d am s C o n s ................
do
p r e f .................. 102
104
M erchants’ N a t ... 100
.0 1
A m e rica n F la g .............
•02 iW eetantoe (F. R .).1 0 0
45
47
220
IM etrop olitan N a t .100
•21
A lic e ..................................
. . . . W illim ’ tio L in en C o.25
2 5 k 2 6 k Nat. B k. o f A m e r ..l0 0
A sto ria ......................... ..
----- Y o rk Co. (M e .)___ 7 5 0 x llO O 11G5 INat. B ’ k o f R e p ... 100 110 1i 1 2 k
•03
N ational L i v e s t o c k .. 200 1230
B a r c e lo n a ......................
.. .J l B A N K S T O C K S .
B elle I s le ..................100
___I
B a ltim o r e .
N orthw estern N at.100
B e lm o n t..........................
•15
•201 Bank o f B a ltim ore 100 ............146
1
State B a n k .................... 175
100
B e st & B e lc h e r.............
B ank o f C om m erce. 15 .......... 18
Union N a tio n a l.. .1 0 0 180
•10
B o d ie ......................... 100
C itizens’ ...................... 10
19%! 2 0 k
C in c in n a t i.
B r e e c e ..............................
*50 C om . & F a n n e r s '..1 0 0 ......... 127
A tlas N a tion a l___ 100 135
142 k
•10
B u lw e r ......................100
F arm ers’ B ’ k o f M d.30 ........
jC itizens’ N a tion a l. 100
235
•50
62
lit
C aled onia B. H ___ 100
IC om m ercial B a n k .. 50 112
F arm ers’ & M e r c h .,4 0 ........
•10
47
122
C on. Im p e ria l____
Farm ers’ A P la n ters’ 25 ........
IE qu itable N at........100 120
C h o lla r......................100
•80
100
F irst N at. o f B a lt .. 10U ........ 122 if F ifth N a tio n a l___ 100
98
•15
253
C h rysolite................... 50
G erm an A m erica n . 100 117
IF irst National*
100 255
•07
*12
300
C om stock T u n n el s t’k.
•09 H ow a rd ..........................1 ........
F ourth N ation a l ..1 0 0 280
1*75
215
C onsol. Cal. & V a ........
M arine......................... 3 0
39
G erm an N a tion a l. 100 210
•55
C row n P o in t...........100
IM ech a n ics’ .................10
14
M arket N a tio n a l.. 100 135
137 k
D e a d w o o d t e r r a ..
1-00
M erchants’ .............. 1 00
145
143
•Merchants’ N at’ l-.I O O 1 141
N a tion a lL a fayettelO O 280
D e n v e r C ity C on..
N ation a l E x c h ’ ge.lO O 126
305
D u n k in ....................
•10
Ohio V a lle y N a t’1 .100 135
P eop le’ s .......................2 0
18
138
E l C h risto ............. .
S econd N a tio n a l.. 100 ........ 190
100
S econd N ation a l ..1 0 0 390
E u ’k a C o n .................100
•25
T hird N a t io n a l.... 100 ........
96
T hird N a tio n a l___ 100 155
157
•15
84
F a th er D e S m et___ 100
U n ion ...........................7 5 ........
W estern G erm a n .. 100 3 5 0
G o u ld A C u rry s .3 0 .1 0 0
•85
38
W e s te r n ...................... 2 0 ........
N e w O r le a n s .
•70
H a le & N orcross-.lO O
B o s t o n .!
A m erican N a t........100 130
133
H o rn S ilv er....................
3-20
A tla n tic .................... 100 1 3 2 k 133
B ank o f C o m m e rce . 10
16 k 16
•15
I r o n S ilv e r..................20
Canal A B a n k in g .. 100 167
A tla s .......................... 100 122 k 123
Ir o n H ill...............
•10
89
B la ck ston e...............100
8 9 k 90
(Citizens’ ................... 100
85
102
•10
21
. . . 11Boston N a tio n a l..1 0 0 101
C o -o p e ra tive ............ 2o
K ings. A P em b r’k e Iron
23k
132
L a cro s s e ..................... 10
*08 B o y ls t o n ...................... 100 130
IGerm ania N at ion ’ 1.1 Oo 210
220
L e a d vULle C on sol___ 10
•15
•16 iB ro a d w a v ................. 100
IH ibernia N ational. 100 235
*19
207
B unker H ill............. 100 205
L ittle C hief............... 50
Louisiana N a t........100
152 , M etrop olita n ......... 100 x l6 7
M e x i c a n .................. 100
1-20
C en tra l.................... 100 148
89
M o n o .......................
C ity .............................100
M utual N a tion a l .1 0 0 1 0 7 k 110
88-4
M o u lto n .................
100k N ew O rleans N a t.. 100 730
C o lu m b ia n ...............100 100
N a v a jo ..................... 100
130*2 131
C om m erce................ 100
P eop le’ s ................... 50 1 0 2 k 103 k
97 1State N a tio n a l___ 100
N orth B elle I s le ___
C o m m e r c ia l............ 100
95
155
O p h ir ........................... 10
1-70
C om ’o n w ’lth (new ) 100 131*2 1 35
81
90
T raders’ ................... 100
125
O rien ta l A M iller.........
•03 C o n t in e n t a l..............100 1 24
U nion N a tio n a l. . . 100 1 2 7 k 1 2 8 k
9 5 ! W hitney N ation a l. 100 3 5 0
P hoen ix o f A rizona.
E a g le..........................100
91
129*2
P ly m o u th ................._..
E l i o t t ........................ 100 129
N ew Y o rk .
215
R o b in s o n C o n s o l.. . . 50
•5C |Everett..................... 100
94*2 96
A m erica ....................100
•60
8 a v a g e .................. ........
150
E x c h a n g e ................100, 124 Si 130
A m erican E x c h ’gelOO
•90
133>s B o w e ry ..................... 100
Sierra N e v a d a ........1 « 0
F a n eu il H a l l ............ 1 0 0 133
1-00
237 k B r o a d w a y ................. 25
S tandard ..................100
(First N a tion a l.......... 100 235
262k
•80
130
200
U n io n C o n s ol..........100
(First W ard ................ 100, 128
;B u tch ers’ A D ro v e rs ’ 25 180
122
U ta h ..................................
118
142
F ourth N a tio n a l... 100 " 1 °
(Central N a tio n a l.. 100 134
Chase N a tio n a l___ 100 450
Y e llo w J a c k e t ...............
1-40
F reem a n ’ s ............... 100
9 9 % lOO
100*4 C n a th a m ................... 25
340
G lo b e ......................... 100 100
B O ST O N M IN IN G .
114*1 C h e m ica l..................100 4 0 0 0 4800
(S eeP a g e 1G 02J
H a m ilto n ...................1 00 j 114
C ity............................ 100 400
M A N U F A C T ’ LN G,
H id e & L eath er .. .1 0 0 1 1 9 k ! 120
165
106 H o w a rd .......................100; 1 0 2 k ! 10 f
C itizen’s ..................... 25 150
A m .L in e n (F .R iv )..1 0 0
A m o r y (N .H .).........100 134
100 k C olu m b ia ................. 100 275
136 L in coln (n e w ).......... 100- 100
102
A m o sk e a g (N .H .) 1 000 x21 5 0 2160 M a n u factu rers’ ...1 0 0 , 101
190
C om m erce................100 189
9 8 k (C on tin en ta l........... 100 130
148
A n d ro s co g ’ n (M e.). 100 1 5 9 k 162 M a rk et......................... 100, 98
I t O k Corn E x ch a n g e . . . 100
635 j M arket (B righ ton ). 1 0 0 1 100
275
A p p le to n (M ass.).lO O o 620
10 Ok D e p o s i t ...................100
A tla n tic (M a ss.). . . 100
89
8 9 k - M a s sa ch u se tts ______lO o 100
1 2 7 k East R iv e r................. 25 140
170
B a m a b y (F all R iv .). . .
130
M ech a n ics’ ................100, 127
1 5 5 k E leventh W ard ........25 200
89
B arn a rd M fg . (F .R .).. **85”
M erchants’ ............... 100 155
98
B ates (M e.).............. 100 1 3 4 k 135
M e tro p o lita n .......... lo O
97
Fifth A v e n u e .......... 100 2 000
242
B o o tt C ot.(M ass.) 10 00 X1330 1340 M o n u m e n t.............. 1 00 237
F ifth N ational........ 100
B o rd e r C ity M fg. (F .R .) 140
145
1 3 2 k First N a tio n a l.........100 2500
|Mt. Y e r n o n .............. 100 132
16L
B o sto n Co. (M ass.) 1000 X1065 1075 N ew E n g la n d ......... 100 159
Fir s t N at. o f S taten Id. 110
129
B o s to n B e ltin g ___ 100 178
1 7 8 k N orth ......................... 100 128
F ourteen th S treet. 100 175
B ost. D u ck (M ass.) 7 0 0 1060 1070 N orth A m e r ic a .... 100 117
206
1 1 7 k (Fourth N atioual ..1 0 0
C hace (F all R iv e r). 100 107
110
308
Old B o s to n ...............100 101
101 k G allatin N ational ..5 0
164
C h icop ee (M a s s.).-lO o 107 k 108
G arfield.....................100
| eople’ s .....................100 163
P
1 2 8 k Germ an A m e r ic a n ..75 120
C och eco (N .H .)___ 500 392 k 395
R e d e m p tio n ............ 100 128
160 s G erm an E xch an gelG O
C ollins Co. (C onn.) 100 101
110
(R e p u b lic ...................100 160
C ontinen tai ( M e.). 100
102 k G e r m a n ia ................100 330
-R e v e re ...................... 100 102
2 0 k 22
Cres’ t M ills (F .R .). 100
1 6 0 k G ree n w ich .................25 150
R o c k la n d ..................100 160
194 k (H a n over................... 100 3J0
S econ d N a tio n a l... 100 194
C rystal Spr. Bl. (F .R .)
D a v o l M ills (F .R .).lO o
92** ^ 5
S e c u r it y ....................100 235
Hide A Leather . . . 100 107
127
D w ig h t (M a ss.)___ 500 947 *2 950
H ud son R iv e r ........100 150
126
jsh a w m u t................100
E d w a rd s (M e .)___ 100 124
Im p orters’ A T r . . . l 0 0
(625
1 2 4 k Shoe & L e a th e r ... 100
9 0 k 91
Irv in g.......................... 50 150* L75
E v e re tt (M a ss.)..N ew l u 4 k i0 5
S outh E n d ................100
9 4 k 95
1 1 6 k L eath er M a n u fts .. 100
F lin t M ills (F .R .).IO O 103
106
,235
S ta te.......................... 100 116
F ra n k lin (M e.)___ 100 103
100 k L ib e r t y ..................... 100
106
S uffolk................... 100 100
O l’b e Y .M ills (F .R .)1 0 0
114
T n ird N a tio n a l___ 100 100
lG O k L in coln ..................... 100 4 5 0
96
G ra n ite (F. R .)......... 100
120
(Traders’ .................. 100
M a liso n S q u a r e ... 1 0 j
94
G reat F alls (N .H .) .1 0 0 126
195
9 3 k M a n h a tta n ................50
98
126 k T r e m o n t ...................100
240
H a m ilton (M ass.) 1000 1050 1055 U n ion .........................100 134
135
M arket A F u lto n .. 100
H a rtf. C arpet (Ct.)lOO
90
W a sh in g ton ___ ..1 0 0 1 0 3 k 110
M echanics’ ................. 25 180 (200
H ill (M e.)..................100
,1 7 5
7L
IW ebster.....................1 00
M echanics’ A T r ___ 25
74
92 k 93
H o ly o k e W. P ow er. 100 2 5 0
120
M ercantile............... 100
: W in th ro p ................. 100 118
J a ck so n (N. H .)..1 0 0 0 xlOOO
B r o o k ly n .
M e rch a n ts ’ ........ .. .5 0
io
K in g P h iiip (F .R .).IO O 121
'M erch an ts’ E x c h ’ e .5 0 130
137
122
! B e d fo rd .....................100 175
L a co n ia (M e.)........ 400 672 k 675
M e tro p o lita n ..........100
5
7
B ro a d w a y .................100 165
L a n ca s t’ rM . (N .H .)400 7 10
715
B r o o k ly n .................. 100 180
M etrop olis............... 100 450 (470
L ’ re l L a ke M ills (F . R.)
103
C ity N a tion a l........... 50 410
420
M ount M o r r is ........100
L a w re n ce (M aas.).. 100 IG9% 170
M u rray H i l l ............. 50
C o m m e rc ia l...............60
165
L o w e ll (M a ss.)___ 690 680
N assau.........................50 160
F ifth A v e n u e ......... 100 155
685
L o w e ll B lea ch ery.lO O 107% 108
F irst N a t i o n a l .... 100 450
N ew Y o r k ................100
236
L ow e llM a ch .S h op . 500 665
(New Y o rk C ou n ty. 100 6*2*6*
F u lton ..........................40 200
670
L v m a n M . (M ass.). 100
'H a m ilto n ..................100 142
N .Y .N a t.E x o h ’n g e 100 120
7 2% 73
N intli N a tio n a l___ 100 114
124
K in g s C o u n ty ........100 150
153
M a n ch ester (N .H .) 100 115ia 126
M ass. C o tto n ....... ] 000 1025 1030 (Long Isla n d ........... 100 155
(N ineteenth W a rd . 100
M e ch a n ics’ (F. R .) 100
86
M a n u fa ctu rers—
30 215
II N orth A m e r ic a ........70 155 (175
M erch a n ts’ (F .R .) 100
I O r ie n ta l.................... 25 235
250
119
M echanics’ ................ 50 280
P a c ific .........................50 195
M errim ack (Mass) 1000 1 150 1155 'M echanics’ A T ra d ers’ 250
M id d lesex (M ass.). 100 x l 4 5
305
i.'iciaattu . . . . . . .
280
'P a rk ......................... 100
145 k
N ashua (N. H .) ___ 500 550
IN orth Side................100 1 60
P e o p le 's ...................... 25
555
N aum keag (M ass.) 100 112
P lie u ix ........................ 20 120
S even teen th W ard. 100
170
112k
N ew m a rk et............. 500 320
P rod u ce E xcliangelO O
325
|3prague.....................100 2 00
O sborn M ills(F .R .) 100 110
ISO
112
(26th W ard ................100 165
R e p u b lic..............1 0 0 1 170
P aeiiic (M a s s .)... 1 000 1700 1710 | all a b o u t................ 100 1 10
W
120
S e a b o a rd ..................100 176
P e p p e re ll (M e.)___ 500 1500 1505
|
(Second N a tio n a l... 1 00 300
C h ic a g o .
P oca sset (F. R .) ...1 0 0
(Seventh N a tion a l .1 0 0 130
A m erica n E x ch . N a t..
145
118
R ich . B o rd ’ n (F .R .) 100 1 0 2 k 106
A tlas N a tio n a l.......
S herm an................... 100 ........
1 25
R o b e s o n (F. R iv .)1 0 0 0
S hoe A L ea th er ...1 0 0 , ------ 155
C hem ical N ational.
S aga m ore (F .R iy.).lQ O
116
St. N ich o la s_____ 1 0 0 ' 1 30
C h ica go N a t............ 100 280 1300

I n s u r a n c e S t o c k s , f B id. t Ask,
S outhern N a t..........100 ..........110
(State o f N. Y ......... 100 112 1113
T hird N a tio n a l___ 100, ......... ,113
T ra d esm en ’s ............. 10 110
........ .
(U nited States Nat.1001 190 1225
W estern N a tio n a l.100 112
113
W est S id e ................. 100,
P h ila d e lp h ia .«
Bank o f N o. Airier. 100
C hestnut St. N a t.. 1 0 0 '
111
C om m ercia l Nat.___ 50
57
(Farm . AMeclx. N a t. 1 0 0 1
111k
F irst N a tio n a l........100
F ourth St. N a t’ 1 ...1 0 0 ,
(Girard N a tion a l___ 40
M anu faot’rs’ N at . 100
97*s ..........
[M ech anics’ N at’ l .. 100
(N at.B k .N .L iberties.5 0 i 165
P enn N a tio n a l..........50
i Philadelph ia N at’ 1.100
S even th N a tiou a l. 100
T ra d e sm e n ’s N at’L .5 0
S t. L o u i s .
I Amer. E x c h a n g e ...5 0 180
1 90
B oatm en ’s ................100, 150
160
.B rem en ..................... 100‘ 2 0 0
!C hem ical N a t.........100
89
90
C itizens’ .................... 100, 1 30
140
INat. B ank o f C om . 100' 138
140
__ ^
(C o m m e rc ia l........... 100 2 75
C on tin en tal N at’ 1.100: 83
90
F r a n k lin .................. 100 3 5 0
•Fourth N a tio n a l..1 0 0 240
'G erm a n .....................100, 325
(G erm an A m e rica n 100 6 0 0
.I n te r n a tio n a l........100 135
140
L a cled e N a tio n a l.. 100 115
1 17**
L a fa y e tte ................. 100, 310
M ech a n ics................100 250
1M erchan ts’ N at’l .. 100 140
M u llanp hy............... 100 250
(Nat. Bk. R e p u b lic. 100
95
93*4
N o rth w e s te rn ........100 2 3 0
St. L ou is N ational. 100 125
130
State B a n k ................ 50, 1 9 2 k 1 9 7 * .
T h ird N a tio n a l___ 100 118
120
S an F r u u c ls c o .
| n g lo -C a lifo rn ia n ........1 7 0
A
71k
B ank o f C a lifo rn ia ___ ( _____ 2 5 5
IF irst N at’ l G o ld ...lO O i
195
L oud on Paris A A ........'
122**
L on d on A S an F r a n .. . ,
39
IPauifto.............................. !
150
IN S U R A N C E
STOCKS.
N e w Y o r k :.
IA llia n c e ................. 100,,
70
SO
A m e r ic a n ................... 50, 110
140
B o w e ry ....................... 2 5
GO
70
B ro a d w a y ...................25 116
120
C itizens’ ..................... 20: 100
110
C om m on w ealth . . . 100
65
70
C o n tin e n ta l........... 100 235
260
E a g le ............................40 2 0 0
220
E m p ire C ity ........... 100
60
75
F a r r a g u t ................... 50. 80
100
G erm a n -A m erica n 100 2 8 0
305
G erm a n ia ................... 50 160
180
G lo b e ............................50
70
75
G re e n w ich ..................25 100
1 10
H a m ilto n ................... 15
75
80
H a n o v e r ......................5o( 120
135
H o m e .........................100 135
141
K ings Co. .(B’kJyn).20; 165
175
(Manuf. A B u ilders’ 100
90
100
N assau (B rook lyn ) .5 0 150
-N a tio n a l.................. 3 7 k
75
80
N iagara .....................50 130
150
N orth R i v e r ............. 25
70
75
P a cific..........................25; 120
140
P eter C o o p e r ........... 20 125
135
I P h e n ix (B ’ k ly n )___ 50 1 30
145
R u tg e r s .......................25; 115
121
S tu y v e sa n t.................25 j 80
95
U nited S ta tes........... 25 110
120
W e stch e ste r _____ ..1 0 ' 150
165
W illiam sburg C it y ..50 3 00
325
M A R IN E IN S U R 
AN CE S C R IP .
A tla n tic M u tu al..........

1892.
1 89 3 .

*0
1

100
100 *a
101k
102
1C2

101k
102
103
103%
104
5

P R IC E S O F E X C H A N G E
M E M B E R S illP S .
• N .Y . S tock, lS.OOubld. 1 9 .0 0 0 ask.
L a st sale, J u n e ........
18,0 00
N .Y .C onSol.St’k A Pet. 100b. 1 25a.
1 Last sale, J u n e 1 ___
125
N. Y . P r o d u c e ...............
7 5 0 ask.
L a st sale, J u n e 1 3 ...
700
N. Y . C o tto n .................. 9 00 b . 1 ,0 0 0 a
L ast sale, J u n e 8 ___
950
N. Y. C offee.................... 2 25 b . 2 50 a .
250
L ast sale, J u n e 1 4 . ..
; N. Y. M etal ................... , 70 b. 100 a.
R T E st. E x . A A uo. R ’ m (340b. 9 0 0 a .
L a st sale. M a y 9 —
840
B oston S t o c k ................. 1 6 ,5 0 0 b id .
jl L a st sale. J u n e L—
17.0 00
P h ila d elp h ia S to c k ___
! Last s a le ..................... " 2 ] 5 o 6 " ‘ "’
Chic. B oard o f T r a d e ..
L ast s a le ..................
C hicago S to c k ............... 900bl000a
L a st sa le ......................
1 200
i Pitted). P et. St’ k A Mel 5751). 600 £
»

* “ rices noirina'., t Boston bank quotations are all ex-dividend. sP*ioeper8aaie—
notpereenti, ! 75 per cent paid in cswb.

THE CHRONICLE.

1010

[V o l . L V I.
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la s t S a tu r d a y o f e v e r y o th e r m o n th —

M a rc h , M a y , J u ly , S ep te m b er a n d N o v em b er,

fu r n is h e d

sc r ib e r s o f th e

six

th e

C om pany.

Q u o ta tio n s

th e

of

Chronicle,

S to c k s a n d

B o n d s , o c c u p y in g

a r e p u b lis h e d

on

th e

th ir d

S a t u r d a y o f e a c h m o n th ,

RAILROAD EARNINGS.
Latest E a rn in g s R eported
R o ad s .
Week o r Mo

Jan. 1 to L atest Dats,

1893.

1892.

1 89 3 .

1 89 2 .

$

$

$

9
5 5 ,2 6 5
7 8 5 ,7 2 6
1 5,378,311
3 ,3 9 0 ,6 2 4
6 6 0 ,13 9
18.7 68 .9 3 5
1 9 8 ,53 6
34,3 55
6 ,1 1 9,10 9
2 ,0 2 3,41 7
8 ,1 4 2,52 6
1 ,0 9 1,42 8
6 ,6 1 4
16,7 56
72,5 92
8 34 ,46 3
1,3 1 0.79 9
1,6 0 3,26 3
166.176
8,4 2 3,21 1
9 ,7 2 8
21,8 61
4 ,3 8 5,51 1
4 ,2 3 5,07 2
3 0 ,5 3 0
60,1 64
2 5 6 ,60 6
62,3 66
14,9 36
29.928
3 ,9 3 2,99 7
8 75 ,34 0
6 66 ,14 7
L2,087 ,56 9
1,6 3 2,26 2
965 ,62 5
1 ,9 2 8.23 9
9 25 ,82 6
12,741,641

12.2 31
12,280j
5 7 ,6 4 0
A d ir o n d a c k ------ April
2 3 0 ,6 2 2
A lle g h e n y V a i. A p r il.........
212,183|
842 ,81 1
A tc h .T .& S . Fe* is t w k J ’ ne 7 4 2 ,5 6 9
6 9 6 ,6 0 8 1 6 ,7 67 ,6 4 8
St. L . & S a n F ls t w k J ’ ne 1 53 ,58 5
143,3621 3 ,7 0 0 ,3 1 7
5 0,7 45
Col. M id la n d .. 4th w k A p r
5 8 ,0 6 1
632 ,68 5
A gg . t o t a l ... ls t w k J ’ ne
8 96 ,15 4
8 3 9 ,9 7 0 2 0,4 6 7 ,9 6 5
7 1 ,4 3 0
2 0 5 ,48 2
Atlanta&Char.cr M arch
6 6 .7 1 4
3 ,992
3 3 ,2 2 5
A tla n ta & F lor’ a May. .
7 ,3 7 5
B .& O .E astL ines A p ril..
1 ,523,469 1 ,5 6 0,39 2 5 ,8 8 5 ,7 1 7
A p ril.
W estern Lines
49914031 494)561 2 ,0 6 5,88 6
T o t a l............. A p r il......... 2 ,0 2 2,87 1 2 ,0 5 4 ,9 5 2 7 ,9 5 1,60 3
B al.& O .S outhw . ls t w k J ’ne
52,1 98
4 9 ,7 1 0 1 ,0 8 9 ,5 4 2
B ath & H am ’ n d 8 A p ril,
1,967
6,928
1,853
May.
B ir. & A tla n t ic ..
2 ,801
14,812
3,869
B ir.S h .& T en n .R A p r il.........
1 6 ,9 0 1
82,1 32
16,0 69
B r o o k ly n E le v .. ls t w k J ’ ne
36,1 68
874 ,14 4
3 5 ,2 2 3
B n ff.R oeh .& P itt ls t w k J ’ ne
6 5 ,3 8 0
5 9 ,4 1 7 1 ,4 0 8,84 7
B o r.C .R a p . & N 4th wk M ay 1 1 1 ,40 8
92,5 95 1 ,5 6 4,10 8
C am den & A t l .. A p ii l .........
5 1 ,3 5 0
1 70,319
53,977i
C anadianPacitic ls t w k J ’ne 405,000, 3 94 ,00 0 7 ,9 3 7 ,5 8 2
C ar.Cum .G& Ch. M arch.......
4,585,
12,636
3 ,291
Car. M id la n d ___ M a y............
2,700
2 1,0 06
3 ,7 4 4
C entral o f N. J . . A p r il......... 1 ,164,473 1 ,0 9 6,64 3 4 ,5 5 2 .6 0 0
C entral P a cific.. A p r i l ........ 1,154,365 1,1 7 3,27 9 4 ,1 1 3 ,2 9 8
C entral o f S. C .. M arch.......
10.789,
31,649
11,0 50
Char.Cin.& Chic. M ay............
9,125
62,731
9 ,449
C harlest’ n&Sav. A p r il.........
57,1 68
2 6 3 ,79 9
58,8 28
C har. 8 um .& No. M a y............
9 .0 0 0
73,7 09
8 ,2 6 7
C h’ u t’qua Lake. A p r il.........
4,5921
16,3 47
4 ,4 8 8
C h era w .& D a rl.. A p r il..........
4 ,6 2 6
37,070
5 ,1 8 0
Ches. & O h io ___ ls t w k J ’ne 1 82 ,66 2
1 9 0 ,29 3 4 ,2 8 2 ,1 9 9
Ches. O. & .S .W . M ay............
181,310] 1 6 7 ,09 2
9 8 2 ,43 3
Chic. B u r. & N o. A p r il.........
270 ,58 3 ! 169 ,18 8
7 8 6 ,06 0
Chic. B ur. & Q .. A p r il......... 2 ,9 9 0,39 9 2 .7 5 7,62 9 1 2,3 9 2 ,4 8 7
Chio.tfe E ast. H I . ls t w k J ’ne
86,4 46 ,
8 0 ,7 4 5 1 ,8 2 2,69 0
Chioago«fc E rie. A p r il.........
2 2 5 ,55 1 2 3 6 ,7 4 6
9 78 ,19 3
C hic. Gt. W est’ n ls t w k J ’ ne
81,897i 104 ,99 3 1 ,8 0 1,53 9
Ch. J. R .& U . 8 .Y . A p r i l .........
18S,687| 2 03 ,34 3
8 21 ,28 1
Ohio. Mil. & St. P. ls t w k J ’ ne 6 7 9 ,1 8 8 5 9 5 ,9 4 4 1 3,2 37 ,1 2 3
C h ic.& O h io Riv. ls t w k J ’ne
1,475
1,327
Ohio. & N ’ th w ’n . A p r i l ....... 2,3 0 5,60 7 2 ,3 5 6 ,2 1 4 9 ,0 1 2,90 4
C h ic,P eo.& 8 .L .6 ls t w k J ’ne
2 6,7 44
22,4 72
5 80 .67 9
C h ic.R ’k L & P . . M a y............ 1 ,6 1 0,75 7 .1 ,2 5 6,8 96 7 ,2 7 7 ,3 9 2
C hic.S t.P .M .& 0. A p r il.......... 5 99,216, 6 28 ,50 5 2 ,5 7 3,03 3
Chic. & W . M ich. ls t w k J ’ ne
3 6 ,2 9 3
“
31,6 01
8 21 ,15 2
Cin. Ga. & Ports. M a y............
5 ,823
5 ,6 3 0
26,142
Cin. J a ck & Mac. ls t w k J ’ ne
12,535
11,091
2 9 7 ,45 9
C in.N . O. & T .P . ls t w k J ’ ne
68,305!
72,2 95 1,7 3 3,65 6
A la . Gt. South. ls t w k J ’ ne
28,2 92 ,
28,3 18
7 6 6 ,4 2 5
N. Orl. & N. E. ls t w k J ’ ne
22,3 23
2 0 ,5 2 4
612 ,56 4
A la . & Vicksb. ls t w k J ’ne
6,296|
7 ,9 7 9
2 3 3 ,76 9
V ick s. Sh. & P. ls t w k J ’ ne]
4.489,
4 ,3 6 4
2 1 8 ,86 9
E rlan ger Syst. ls t w k J ’ ne 129,705! 1 3 3 ,4 8 0 3 ,5 6 5,27 7
hnn. N orth w ’ n, M ay............
1,767,
1,645
7,723
Jin. P o rts . & V.. M a y............
22,5 28
20,3 23
104 .67 9
Col. & M aysv. M ay............
1,187|
1 ,162
5,495
’lev. A kron & Co 4th w k M ay
2 8,7 59
25,5 88
4 1 4 ,88 4
’le v . Can. 6c So A p r i l ...........
85,000,
63,9 72
SL Cin. Ch.&S.L. ls t w k J ’ ne
2 74,019, 2 7 3 .47 6 5 ,7 3 5,33 3
P eo. & E ast’ n. ls t w k J ’ ne
36,290,
2 9 ,7 9 6
7 01 ,79 9
C lev. & M arietta ls t w k J ’ no
6.829,
6,291
1 43 ,17 0
CoL N ew b. & L. M arch.......
7.2971
6 ,0 0 5
21,945
OoL H . V. & Tol. M ay............ 2 4 3 ,30 9
2 92 ,98 7 1 ,3 2 3,77 9
C ol. 8 haw nee& H ls t w k J ’ne
13,2 35
1 5 ,3 7 0
C olusa & L a k e .. M ay............
1,992
8 ,7 8 6
C onn. R iv e r....... M a rch ....... i
9 7 ,7 4 2
9 3,1 54
2 6 4 ,4 6
C urrent R iv e r .. ls t w k J ’n e 1
3.125
3 ,0 6 4
75.5 70
D e n v . < R io Gr. ls t w k J ’ ne 176 ,10 0
fc
1 71 ,80 0 3 .7 0 8 ,9 2
Des. M. No. & W. M a y ...
29,393
2 9 ,2 8 0
153 ,90 4
D et.B a yC .A A lp . M a y ._____
4 2 ,3 0 0
3 0 ,1 0 6
2 0 0 ,59 2
D e t.L a n s’g&No ls t w k J ’ ne
22.118
18,5 50
5 1 0 ,3 22
D u luthS.S.A A tl. ls t w k J ’ ne
54.6 99
4 1 ,7 0 0
846 ,12 7
D u lu th «fc W inn.. A p ril.........
25,1 07
11,884
81,011
E .T enn .V a.& Ga ls t w k J ’ ne
91,8 83
95,0 93 2 ,4 3 8,04 3
E lg in . Jol.& East M ay............
7 6 ,1 5 4
60,4 25
3 9 1 ,50 9
E va n s & in d ’ plis ls t w k J ’ne
7,636
6 ,5 0 8
154 ,11 2
E va n s. & R ic h .. ls t w k J’ ne
3 ,4 8 0
2,527
62,711
E va n sv. A T. H. ls t w k J ’ ne
25,9 92
2 4 ,3 7 6
5 5 5 ,5 8 6
F itch b u rg ........... A p r i l ...........
6 09 ,49 8
5 9 4 .83 4 2,307,211
F lin t A P .M a rq .. ls t w k J ’ ne
51,8 28
4 7,4 3 ) 1,2 8 7,83 6
F lo re n c e ............. May,
12,846
2,047
58,2 29
FI.Cent. A Peniu May
.
1 24,796 119.061
F t. W . A Rio G r |May............
30.281
3 2 .8 2 4
1 62,085
G eorgia R R ....... 'A p iil
87,502
105 ,09 3
4 9 0 ,5 2 6
Ga. Car’ ia A N o .' March.
54,1 53
15,026
137,433
G eo. 80 . A F l a ... (M a y ......
64.7 00
53,4 73
348 ,03 1
G eorget’ n A W ’ n March.
4 ,4 4 6
4 ,2 7 9
11,135
G r .R a p .A ln d . . . lstw k J ’ ne
40,6 65
43,7 77 1,0 0 3,21 7
C ln .R .A F t W .; lstw k J ’ ne
8,602
8,512
203 ,13 1
O ther lin e s .... ls t w k J ’ ne
4,974
4 ,329
9 2 ,6 4 5
_ T o t a l aH lin es, i ls tw k J ’ ne
54,241
56,617 l,3 u 0 ,2 0 7
OrandTrum c . . . W kJunelO
371 ,46 3
3 o0 ,5 8 6 8 ,1 3 8.13 0
Chic, A G r.T r. Wk J u n e 3
68,294
66,6 10 1,463,631
D et,G r.H .A M . w k J u n e 3
19,614
21,703
4 4 -.238
G .B a yW .A 8 t. P. ‘M a rch .. . .
4 5,0 4 2 '
121 ,34 2

2,121

9 ,357,168
5 2 7 ,5 5 4
6,6 1 0,68 8
2 ,6 4 4,01 0
7 9 4 ,2 1 4
25,2 53
2 7 7 ,10 2
1,7 7 6,39 6
750 ,02 5
530,643
2 60 ,30 9
2 27 ,58 0
3,5 4 1.84 8
7 ,831
90,4 59
5 ,7 6 0
382 ,93 9
5,870*,212
734 ,21 1
136,951
14.6 22
1,2 6 7,43 5
8 ,452
255 ,37 8
7 8 ,2 1 8
3,6 0 1,54 8
159,218
1 5 2 ,01 2
4 8 6 ,34 2
831 ,32 5
49,1 92
2 ,6 5 9,66 8
3 33 ,25 7
1 44 ,85 0
46,9 34
5 20,529
2 ,2 8 2,82 3
1,3 0 1,52 4
15,7 40
147 .98 8
4 9 0 ,42 9
4 0 ,5 1 8
3 0 6 .18 2
12,4 38
1,0 1 7.30 9
2 0 3 ,54 1
102 ,45 5
1 .323.301
8 ,2 5 7,54 6
1 ,641,951
4 75 ,20 1

Jan. 1 to L atest D a t i .

o ads.

1 893.

$

1892.

1 89 3 .

1892.

$

G reat N orth ’ n—
8 t. P. M. A M. M a y ..
9 70 ,40 8
794,0031 4 ,6 8 4 ,5 2 3 4 ,6 4 4 ,4 5 3
E ast, o f M inn M a y ..
7 4.0 96
83,232!
3 6 8 ,7 1 0
3 7 3 ,0 6 8
M o n ta n a C em M a y ...
100 ,98 9
1 14 ,93 4
4 8 5 .0 4 2
4 7 1 ,9 6 7
T o t. s y ste m . M a y ...
1,145,494
992 ,16 9 ] *5,538,276 5 ,4 8 9 ,4 8 8
Gr. P .W a l. A Br. March,
5 ,412
2 ,3 1 9
2 ,2 4 7
5 ,4 6 1
G u lf A C h ica go. M a y ...
3 ,6 3 6
17,3 25
3 ,0 1 2
1 5 ,2 1 4
H a r t s v il l e ......... March.
1.142
4,571
3 ,9 4 7
1,328
H o o s.T u n .A W il. A p r i l..
3 ,1 2 0
11,3 73
3 ,0 8 4
H u m est’ nASheu M a y ...
8 ,5 0 0
5 4 ,5 6 2
5 9 ,4 3 4
8 ,8 9 0
H u tch . A S ou th’ n A p r il..
5 ,0 9 8
2 1 ,7 2 6
1 8 ,5 1 2
4 ,5 2 4
1 ,716,745 l»4 o 8 ,3 o 3 7 ,9 2 5 .6 6 3 7 ,5 1 0 ,3 2 2
I llin o is C en tra l. M a y ...
In d .D e c .A W est. M a y .. .
31,411
1 89 ,66 1
1 7 5 ,86 3
3 0 ,2 6 3
I n .A G t. N orth ’ n ls t w k J ’ ne
7 i,8 1 1
5 2 ,2 2 3 1 ,7 8 3,90 1 1 ,4 5 6,44 8
4 3 ,3 0
{In te ro c. (M ex . W k M ay27
9 2 2 ,33 3
7 9 3 ,4 9 5
3 7 ,2 7 6
I o w a C entral.
ls tw k j ’ ne
3 7 ,6 5 5
7 7 8 ,71 8
7 5 7 ,4 6 5
3 3 ,8 5 2
Iro n R a ilw a y .
4,309
M
ay........
17,46^
13,2 84
2 ,9 9 4
K anaw liaA M ieb 4 th w k M a y
1 0 ,6 3 6
1 4 7 ,61 4
1 59,318
10,7 78
5,242
K an C. Cl. A S p ls tw k J ’ ne
1 5 1 ,87 9
1 3 4 ,5 9 8
4 ,7 1 9
K .C .F .S .A M e m . ls tw k J ’ ne
76,5 76
8 1 ,4 8 9 2 ,1 4 6 .5 6 7 2 ,0 8 9,16 1
K .C .M e m .A B ir ls t w k J ’ ne
16,5 38
4 7 7 ,7 4 3
4 6 3 ,6 7 3
16,871
12.1 23
K . C. P itts. A G. vl ay
3 9 .5 5 0
2 1,1 39
3,946
K an.C. Sub.B elt M ay
22.471
2 0 ,5 1 7
8 2 ,8 5 7
4 ,1 0 8
K an.C .W y.A N W M a y ...........
2 6 ,8 3 3
1 3 7 ,9 0 6
1 4 0 ,39 8
24,3 29
6 ,1 7 9
K e o k u k A W est ls t w k J ’ ne
1 6 5 ,6 9 3
1 5 9 ,45 8
5 ,7 5 2
L . E rie A ll. A So. May
5 ,2 6 9
3 2 ,9 6 9
3 4 .0 5 9
6 ,2 9 4
69,9 76
L. E rie A W est. ls t w k J ’ne
5 4 ,4 6 9 1 ,5 5 7 ,1 4 2 1 ,3 9 1 ,1 1 9
5 7 ,6 5 0
L e h ig h A H u d . M ay
2 2 4 ,5 3 6
1 5 5 ,8 9 4
3 9 ,2 7 5
L o n g I s la n d ... Lstwk J ’ ne 1 17 ,27 9
1 0 8 ,5 0 3 1 ,5 3 4 , L15 1 ,5 0 1 ,9 5 5
3 4 ,8 3 2
L ou is. A M o.R iv. March.
9 8 .7 7 1
1 0 6 ,7 3 0
38,6 17
L o u is.E v .A S t.L Istw k J ’ ne
3 4 ,9 3 8
8 21 .03 7
5 3 8 ,5 2 0
2 4,3 71
L ou is v.A N a sh v ls t w k J ’ne 3 81 .37 5
9 ,3 8 2 ,6 6 9 8 ,8 3 9 ,5 6 2
3 8 1 ,2 1 0
L o u is .N .A .A Ch ls t w k J ’ ne
69,578
6 2,5 77 1 ,3 3 8.66 2 1 ,2 7 1 .8 1 0
L o u .S t .L .A T e x 4 th w k M a y
1 6 ,5 5 0
2 5 7 ,2 9 6
2 5 3 ,9 9 8
16,929
M a co n A B ir m .. M a y --------4 ,1 5 4
2 8 ,2 7 2
3 1 ,9 1 1
7 ,0 5 9
1,555
M an ch es A A ug. M arch___
4 ,5 9 9
3 ,6 6 7
1 ,334
M a n istiq u e. ..
10,081
6 6 ,5 0 3
5 9 ,8 7 7
M ay..........
15,9 21
23,4 03
M em phisA C has. ls t w k J ’ ne
6 d0,187
6 0 6 ,8 2 7
1 9 ,9 0 2
{M e x ica n C ent. ls t w k J ’ ne
167 ,05 8
1 3 2 ,16 3 3 ,5 3 1 ,8 4 6 3 ,3 0 1 ,4 7 5
M e x ica n In te r’ l F eb ru a ry .
1 6 5 ,80 9
2 4 7 ,2 7 9
3 7 7 ,91 8
1 1 6 ,85 6
tM ex. N ational ls t w k J ’ne
68,8 07
63,6 53 1,9 4 8,64 7 1 ,7 1 3,37 9
{M ex ican R ’ way A'k M a y 27
5 7 ,0 7 4
5 7 ,0 0 0 1,2 9 5,35 2 1 ,3 3 1 ,3 0 7
M ilw a u k ee A No ls tw k J ’ne
7 3 2 ,1 8 3
34,725
6 7 6 ,0 1 6
3 2 ,8 8 3
M in eral R an ge. M a y ...........
9 ,8 2 2
4 3 ,3 6 0
5 4,2 81
10,813
M in n eap .A S t.L . M a y ...........
6 9 2 ,6 1 2
1 4 8 ,36 6
7 2 9 ,0 8 2
136 .57 6
M . St.P. A S.S.M Lstwk J ’ne
61,8 88
51,915 1 ,2 5 2.19 4 1 ,1 7 3 ,5 5 2
M o .K a n .A T e x .. Lstwk J ’ ne
2 03 ,90 0
1 8 6 ,2 6 3 4 .0 3 3 ,8 5 2 3 ,5 3 1 ,1 5 9
M o .P a c.A Iro u M ls t w k J ’ ne
4 43 ,83 9
4 3 0 ,0 5 2 1 1 ,1 73 ,7 1 7 1 0,7 3 8 ,7 6 5
M ob ile A B irm . 4 th w k May
4,895.
M ob ile A O h io .. M a y ...........
2 8 8 ,7 0 8
2 6 3 ,4 8 0 1 ,4 0 2 .5 0 2 1 ,4 0 1 ,9 6 1
M on t. A M ex.G if M arch........
84,814
2 2 1 ,6 5 2
2 51 ,98 8
56,4 88
N asli.C h.A St.L M a y............
4 1 4 .3 7 6
4 1 8 ,1 1 6 2 ,0 7 5 ,1 0 0 2 ,0 8 1 ,1 6 3
N. J e rs e y A N .Y . M arch.......
6 4 ,0 1 2
23,787
6 5 ,7 5 8
21,9 77
N e w O rl.A S o ’ n .. M a y ...........
5 5,1 62
11,8 54
5 8 ,9 0 5
13,802
N .Y .C .& H .R
M a y ......... 4,001.613 3,6 4 3,40 3 1 8,4 73 .5 0 8 1 7,6 8 3 ,8 1 0
N. Y . L. E. A W. A p r il........ 2,378,063 2,4 9 5,23 5 9 ,3 L8,059 9 ,4 3 2 ,9 0 8
N. Y .P a. A O h io .. A p r il........
5 9 4 ,0 8 0
5 7 6 ,3 3 4 2 ,3 2 j ,7 7 6 2 .2 4 2 ,0 0 7
N. Y .A N .E n g ... M arch___
1 ,4 4 0,10 5 1 ,3 6 0 ,8 8 7
N .Y . A N orth ’ n M a y ..........
2 3 7 ,08 4
196 ,87 3
5 5 ,0 3 0
4 5 ;2 8 6
N. Y . Out. A W . . Is tw k J ’ ne
7 4 .4 8 5
65,3 67 1 ,5 0 2 ,7 6 8 1 ,3 1 6 ,9 4 0
N .Y S u s q . A W .. A p ril
4 8 3 ,4 8 1
4 9 7 ,8 1 9
143,728
1 3 4 ,93 9
N o rf. A S o u th ’ n April
139,651
1 4 0 ,6 9 4
4 3 ,4 4 4
4 3 ,6 6 4
N o rfo lk A West ls t w k J ’ ne 2 1 2 ,5 4 2
1 80 ,04 3 4,4 0 4,01 1 3 ,9 5 0 ,0 7 2
N ’ tliea st’ n (S.C.) M arch.
2 1 5 ,2 1 5
2 0 9 ,8 5 1
7 7 ,5 5 4
76,711
N orth ’ n C entral. A p r il.........
5 6 7 ,1 4 0
5 4 2 ,2 8 2 2 ,2 3 1 ,1 5 0 2 ,2 1 2 ,3 1 8
N orth ern P aoitic 3 d w k M ay
413 ,23 3
3 6 8 ,3 7 9 6 ,9 2 1 ,3 6 9 7 ,7 4 8 ,8 4 2
W is. Ct. L ines. 3d w k M ay
86,7 63
96,5 83 1 ,8 0 5,59 5 1 ,9 7 1 ,8 1 8
N .P .A W .Cent. ls t w k J ’ ne
5 3 7 ,4 8 6
555 ,79 1 1 0 ,0 b 3 ,2 6 0 1 1 ,0 30 ,1 5 5
O hio A M iss........ M a y .
3 2 6 ,6 2 8
3 1 0 ,1 1 7 1 ,7 3 4,60 5 1 ,6 3 8 ,5 7 6
O hio R iv e r ......... ls tw k J ’ne
3 2 6 ,8 8 4
2 6 4 ,7 8 1
18,6 25
15,0 79
O hio S o u th e rn .. M ay. ..
2 9 2 ,8 2 2
2 6 1 ,5 8 4
4 1,0 28
4 2 ,6 3 2
O m aha A St. L .. M arch.
1 5 5 ,5 7 4
1 4 8 ,61 1
5 2 ,1 2 4
45,4 40
O r e g o u lm p . C o. A p r il..
3 3 0 ,7 0 5
3 0 5 ,3 3 6 1 ,1 3 9,75 6 1,1 6 4,40 8
P a d .T en u .A A la . M a y ...
1 32,828
7 1 ,9 2 5
2 6,7 89
2 2 ,0 3 2
Penn. M id l’ d .. M a y .. .
6 9 ,7 6 5
9 2,2 43
17,0 05
17,341
P e n n sy lv a n ia ... A pril .
2 2 ,0 4 l,6 6 s 2 1 ,4 2 3 ,3 7 2
5 ,8 9 5,49 2 5 ,7 4 6 ,7 3 0
3 6 7 ,3 6 3
P e o ria D e c.A E v . ls t w k J ’ne
3 4 5 ,4 9 7
18,1 81
16,612
P e te rs b u rg ......... A p r il.........
193 ,78 7
1 9 2 ,4 7 2
5 3 ,8 4 5
53,1 66
P n ila . A E r i e ... A p ril.........
4 3 9 ,4 9 7
4 0 9 ,7 9 5 1 ,4 3 3 ,6 6 4 1 ,4 6 7 ,6 9 0
P hila. A R ea d ’g . A p r i l ........ 1 ,839,975 1,7 0 1,44 1 7 ,0 3 6,12 8 7 ,0 3 8 ,0 2 3
Coal A ir . C o.c. A p r il......... 2 ,3 1 0,74 9 1 ,6 3 0,30 4 1 4,2 5 1 ,2 3 4 6 ,6 9 1 ,3 3 9
T o ta l b oth Cos. A p r il......... 4 ,1 5 0,72 3 3 ,3 3 1 ,7 4 5 2 1 ,2 8 7 ,* 6 1 il3 ,7 2 9 ,3 6 1
L e h ig h Valley. M arch....... 1 ,551,629 1 ,3 0 6,13 3 4 ,1 8 9,24 1 * 4 ,0 2 7 ,8 1 2
Pitts. Mar. A Ch. M ay............
16,3 42
16,793
2 ,8 3 0
2 ,9 1 2
P itt.S b e n .A L .E . M a y ...........
1 5 1 ,61 3
140 ,54 3
3 4 ,6 2 0
2 6 ,8 3 0
P ittsb . A W est - M a y ...........
6 2 1 ,2 6 0
5 5 8 ,4 3 0
1 5 4 ,64 3
1 1 3 ,66 9
3 1 7 ,5 6 2
2 4 3 ,7 2 4
P it t i. Cl. A T ol M a y ...........
7 4 ,9 JO
5 5, '9 7
P itts. P a . A F. M a y ...........
1 2 6 ,4 5 2
1 21 ,15 5
2 9 ,7 8 3
3 2 ,6 5 3
T o ta l system .. ls t w k J ’ne
9 6 8 ,6 3 1
46,3 18 1 ,1 2 6 ,4 0 3
61,0 68
P itt. Y o u u g .A A . A p r il..
3 6 1 ,2 4 2
3 9 1 ,2 6 5
1 1 3 ,16 4
1 22,365
Pt. R o v a l A A ug. M arch
1 0 5 ,1 3 0
7 6 ,5 7 7
30,0 41
21,8 99
P t.R oy.A W .C a r. March.
1 0 0 ,9 1 8
8 4 ,6 8 0
3 3,1 22
30,5 91
Q u in cy O .A K .C . M a y ...
1 0 8 ,3 5 3
1 1 1 ,6 0 4
20,5 47
1 8 ,1 9 '
R ich. A D an. sys. March,
1 ,1 0 3 ,7 2 0 1 ,059,600
2 5 0 ,2 6 2
R ic h .F r’ ksb.A P . A p ril..
2 6 7 ,2 2 8
6 8,4 36
62.611
1 1 6 ,1 2 4
R ich . A P etersb. A p ril .
1 19 ,52 8
3 2 ,3 7 7
32,0 47
2 3 9 ,5 3 2
R io Gr. S outlTn. Lstwk J ’ ne
2 6 2 , L86
11,3 50
1 3 ,7 5 8
R io Gr. W est’ n.. Lstwk J ’ne
93‘2,572 1 ,0 0 4,54 7
4 0 .5 0 0
4 0 .0 0 0
31,2 54
S a g .T a sco la A H . A p r il.
3 7,6 78
1 0 ,3 9 7
9,24S
2 9 ,0 5 0
S ag.V al. A St. L. A p ril,
29,5 55
8 ,1 6 2
7 ,637
5 9 5 .3 5 9
St. L. A . A T. H. ls t w k J ’ ne
6 7 5 ,6 3 2
2 2 ,4 1 0
2 4 ,8 4 0
12,3 36
S t.L .K e n ’ etA S o. M ay. .
l , w52
11,768
2 ,2 5 9
St. L .S ou th w ’ rn . ls t w k J ’ne
7 8 .5 0 0
6 2 ,1 0 0 2 ,1 6 5 ,0 8 1 1 ,7 2 3 ,8 2 9
6 63 ,83 8
St. P aul A D u l’ tb M a y ..
6 6 9 ,6 '4
157 ,71 0
1 2 9 ,9 3 0
2 ,1 8 5
S a n d e rsv .A T e n . M a y ..
2 ,578
355
319
2 9 9 ,1 5 2
8 .F r a n .A N .P a c. 4th w k May
3 0 7 ,25 9
2 9 ,7 4 2
3 1 ,0 7 8
1 87,068
Sav. A m . A Mon. v la y . .
219 ,58 1
43,691
3 9 ,3 3 9
8 9 6 ,9 4 7
8 4 2 ,97 7
8 a v.F ia . A West. M arch
2 8 4 ,39i:
2 8 8 .8 4 4
13,398
S ilv e rto n ............. M a y ...
14,401
6 ,370
1 5 7 ,86 5
S iou x C ity A No. May. ..
156, L59
30.7 42
3 3 ,9 7 0
67,3 02
9 5,9 6
S outh B o u n d ___ M a y ...
15,0 00
13.0 00
5 7 0 ,2 5 6
5 9 6 ,36 5
S outh C arolin a.. M a y ...
89.5 00
92.S29
4 ,1 6 5
4 ,4 d4
S ou th A N or.C ar. March
1,147
1,506
So. P a cific C o.—
G a l.H a r.A S .A A p r i l ...........
371,741
3 7 0 ,8 2 4 1 ,4 9 9,20 3 1 ,4 0 3,52 0
3 4 1 ,9 7 5
L o u is ’a W e st.. A p r i l ............
84,2 82
3 9 2 ,1 3 0
68,9 96
M orga u ’ sL A T . A p r i l ...........
4 06 ,76 9
3 67 ,46 9 1 ,7 6 6 ,6 9 0 1 ,6 4 7,70 2
6 5 ,2 0 6
N .Y .T . A M e x . A p r i l ...........
23,693
7 1 ,4 4 5
1 9 ,0 J 4
5 3 4 ,3 1 2
T e x . A N , O r l.. A p r i l ...........
1 49 ,26 2
6 3 0 .3 9 0
1 21 ,58 4
A tla n tic sys.rf. A p ril......... 1,044,724
9 5 3 ,6 7 2 4 ,4 1 4,66 5 4,C 40,779
P a cific system A p r i l ........... 2.8 5 5,48 0 2 ,798.947 1 0,5 75 ,1 7 9 1 0 ,3 0 7 ,7 8 4
T o ta l o f a ll.. A p r i l ............ 3,9 0 0,20 4 3 ,7 5 2 ,6 2 0 1 4,9 8 9 ,8 4 4 14,3 48 ,5 6 3
C oastD iv(C aL )
9 09 ,15 8
8 0 1 ,3 9 0 3 ,3 3 5,41 1 2 ,9 7 0 ,1 6 0
S o u .D iv . (Cal.) | A p ril----A riz o n a D i v .. A p r i l ........
6 2 1 ,3 1 7
1 83 ,32 8
1 63 ,16 4
7 2 6 ,4 9 8
N ew M e x .D iv . A p r il..........
3 3 2 ,0 7 0
8 0 .9 5 2
87,9 15
3 4 9 ,52 7

11,012

62
,0 1

60
,0 0

THE CHRONICLE.

J une 17, 1898.] £
L a te s t E a r n i n g s R ep o rted .

ROADS.

W eek o r M o

1892-3.

1891-2.

J a n . 1 to L a te s t D a te.

1892-3.

1011
1 89 3 .

1 89 2 ,

4*1,271
18,6 15
3 3 ,5 8 0
2 5 2 ,1 0 0
6 7 ,0 0 0
3 6 ,1 4 6

8
3 7 ,9 8 8
16.314
2 8 ,1 7 6
2 3 1 ,8 0 0
5 4 ,1 0 0
30.5 66

5 0 7 ,0 0 2
1 2 1 ,36 5

D
ecrease.

8
3 ,2 8 3
2,301
5,404
17,600
12,900
5 ,5 8 0

7 ,5 1 5 ,7 5 8 j 7 ,0 9 4 ,3 9 3

4 th w e e k o f M a y .

1891-2.

In crea se.

8

*
$
S
10,0 43
10,761
Spar. U n. & C ol.. M a rch ........
28.8 53
2 9 ,5 8 6
7 1,5 02
7 1 ,2 6 0
Btaten Isl. R . T . A p r il.........
2 4 5 ,7 6 9
2 4 8 ,2 6 9
1,857
1,891
S to n y C l.& C M t.. A p r il.........
6,274
5 ,799
Sum m it B ra n ch . A p ril..........
1 0 8 ,35 0
1 09,496
4 30,721
4 2 3 .35 8
93,7 04
L yk en s V alley A p r i l ........
85,611
3 1 8 .37 8
3 5 3 ,08 8
2 0 2 ,1 1 3
T o t ! b o th C o’ s A p r il.........
1 95 ,10 7
7 4 1 ,73 6
7 8 3 ,80 7
T e x a s & Pacific. lst^vk J ’ ne
97,591
9 2 ,3 4 8 2 ,8 4 5,19 9 2 ,6 1 8 ,1 0 8
T e x.8 . Val& N .W M a y ...........
3 .8 9 8
3,201
18,297
2 2 ,0 7 9
20,5 77
T o l.A . A .& N .M . 2d wk A pr.
19,655
3 3 9 ,0 0 4
2 8 0 ,2 6 5
T ol.& O h ioC en te ls t w k J ’ ne
37,9 88
41.271
857 ,19 1
7 4 1 ,2 8 0
18.015
T ol. P . Ac W est.. I s t w k J ’ ne
16,3 14
399,021
1 15.963
3 3 .5 8 0
T o l. St. L .& K .C . ls t w k J ’ ne
2 8 ,1 7 6
8 3 0 .4 1 4
749 .42 9
T o l. & So. H a ven A p r il.........
2 ,0 5 8
2,177
6 ,641
7 .8 3 7
U lste r Ac D e l ___ A p r il.........
3 3 ,2 8 8
3 1 ,7 2 9
1 01 ,15 7
1 0 3 ,5 0 6
u n io n P a cific—
O r.S.L. & U. N. A p r il..........
6 1 5 ,1 2 9
5 5 3 ,2 3 7 1 ,9 4 1 ,1 6 7 2 ,0 4 1 ,1 3 3
O r .R y .& N .C o . A p r il.........
3 2 4 ,51 2 1 ,173,982 1,2 0 7,90 5
3 0 4 ,51 8
U. P a c. D . Ac G. A p r il.........
4 2 2 ,2 9 2
4 1 7 ,4 4 3 1 ,8 0 9.10 2 1 ,6 8 8 ,2 2 6
S t.J o .& G d .Isl. ls t w k J ’ ne
2 7 ,8 0 0
3 9 .8 0 0
4 8 4 ,1 7 9
5 4 0 ,2 6 2
AH o th e r lines. A p r i l ......... 1 ,6 0 4,09 4 1 .709,966 6 .5 5 0 ,5 9 4 6 ,7 6 0 ,0 2 4
T o tU .P .S y s . A p r il.......... 3 ,0 3 0,88 8 3 ,0 8 3 ,8 8 5 11,889,497 1 2,060,369
C en t.B r.& L .L . A p r il.........
7 7 ,8 7 9
85,7 46
4 0 3 ,6 1 9
3 8 2 ,6 8 7
M on ta n a U n .. A p r il.........
8 7,1 60
8 6 ,6 2 0
359,711
2 2 1 ,2 4 4
L e a v .T o p . &8. A p r i l ........
2 .1 0 2
7 ,2 1 0
13,6 66
8,94S
M an.Al.i& B ur. A p r il.........
2,834
3,391
1 2 ,5 3 7
13,1 83
G r’ n d to ta l / A p r il......... 3 ,1 5 4 ,8 1 5 3 ,2 1 8 ,2 4 2 12,3 93 ,8 7 2 1 2,6 56 ,9 4 6
V e rm o n t V alley M a rch .......
10,698
14,8 50
4 0 ,7 0 9
4 1 ,2 9 8
W a b a sh ............... ls t w k J ’ ne
2 5 2 ,4 0 0
2 3 4 .8 0 0 5 ,5 7 5 ,1 3 7 5 ,5 9 3 ,8 3 5
W ab. Ches. Ac W. M a rch .......
7 ,3 6 7
5 ,5 7 7
16,9 91
23,0 69
W est J e rs e y ....... A p r il.........
122 ,92 6
1 25,878
4 2 5 ,4 7 1
4 51,468
W .V .C eu .& Pitts M a y............
1 05 ,49 4
8 9 ,4 8 6
4 3 3 ,6 5 2
4 55 ,60 8
W e stV a .& Pitts. M a rch ........
3 6 .5 8 0
2 5 ,1 1 4
6 4 ,5 5 7
81,9 74
9 2,9 43
W est. M arylan d. M a y ...........
82,9 85
3 7 0 ,74 6
4 4 5 ,5 9 9
W est. N .Y . Ac .Pa. ls t w k J ’ ne
6 7 ,0 0 0
5 4 ,1 0 0 1,5 3 0,86 4 1 ,3 9 0,43 7
W heel. & L. Erie ls t w k J ’ ne
36,1 46
3 0 ,5 6 6
5 8 6 .3 4 9
649,054
W il.C h ad .it C on. M arch........
2 ,3 7 0
2 .224
6 ,9 6 5
6,202
W il. C ol. & A u g A p r il.........
5 3 ,8 9 3
68,968
2 9 8 ,8 3 0
2 47,373
W righ tsv.& Ten M arch........
6 ,6 0 0
6 ,2 0 5

T oled o Ac O hio C e n tra l. . .
T o led o P eoria Ac W est’ n ..
T oledo 8t. L. Ac K an.C lty.

* I n clu d e s C o lo ra d o M id lan d in 1 893 a n d 1S92 b o th fo r tile w eek and
th e y e a r to d a te .
a F ig u re s c o v e r o n ly th a t p a rt o f m ilea g e lo c a te d in S outh C arolin a.
6 E a r n in g s g iv e n a re o n w h o le J a c k so n v ille S ou th ea stern S ystem ,
c T h e busin ess o f th e L eh ig h V a lle y a n d L e h ig h & W ilk esb arre d e 
p a rtm e n t s is ln olu d ed in 1893. 4 In clu d e s e a rn in g s from fe rrio s . e to .,
n o t g iv e n sep a ra tely , t M e x ic a n cu rren cy , e T ol. C ol. & C in. in o lu d e d
fo r th e w e ek an d s in ce J a n . 1 in b o th vears. /I n c l u d e s o n ly h a lf o f
lin e s in w h ich U n ion P a cific h a s a h a lf in teres t.

a llo w s t h e g r o s s a n d n e t e a r n i n g s t o l a t e s t d a t e s o f a l l r a i l r o a d s

L a te st

G ross

E a r n in g s

by

W e e k s .— T h e

la te s t

w e e k ly

e a r n in g s in t h e fo r e g o in g ta b le a r e s e p a r a te ly s u m m e d u p a s
fo llo w s :
O u r s t a t e m e n t o f e a r n i n g s f o r t h e fi r s t w e e k o f J u n e c o v e r s
7 5 r o a d s a n d s h o w s a g a i n o f 5 '9 3 p e r c e n t .
1st w e e k o f J u n e .
▲tell. T op . < 8an . F e 8ys*
fc
St. L ou is Ac San F r. Sys.
B alt. & O h io S ou th w est.
B r o o k ly n E le v a te d ...........
B u ffa lo R o ch . < P itts b ’g.
te
C an adian P a c ific ...............
C hesapeake & O h io ..........
C h ica go & E ast. I llin o is .
C h ica go G rea t W estern ..
C h ica go M ilw . & St. Paul.
C h ica go & O hio R iv e r ..
C liic. P e o ria & St. L ou is.
C h ica go & W est M ichigan
Cin. J a c k so n & M ackinaw
Cin.N .O . A T .P a c. (5 roads)
C lev . Cin. C hic. & St. L ..
P e o ria & E a s t e r n .........
C lev elan d & M a r ie t ta ...
C ol. S h a w n ee & H ock in g .
C u rren t R iv e r ....................
D e n v e r & R io G r a n d e ...
D e tro it L a n sin g & N orth.
D u lu th 8 . 8. Ac A tla n t ic ...
E ast. T en n . V a. Ac G a . . .
EvanBV. Ac I n d ia n a p o lis ..
E v a n s v . Ac R ich m o n d —
E v a n s v . & T erre H a u te.
F lin t < P e re M a rq u e tte ..
fe
G ran d R a p id s Ac In d ia n a .
C in cin n a ti R . Ac F t. W ..
O th e r lin e s ........................
G ra n d T ru n k o f C an adat
C h ica go < Gr. T ru n k .!
te
D e tro it G r .H a v .& M il.t
I n t e r n ! & G t. N orth’ n . . .
I o w a C e n tra l......................
K a n . C ity Clin. & Spring.
K a n . C ity F t. S. Ac M e m ..
K a n . C ity M om . Ac B irm .
K e o k u k Ac W estern ...........
L a k e E rie Ac W estern .......
L o n g Is la n d ........................
L o u is v . E v a n s v . Ac St. L
L o u is v ille & N a s h v ille ...
L ou is. N. A lb a n y A C hic.
M em p h is Ac C h a rle s to n ...
M e x ica n C en tra l...............
M e x ica n N a tio n a l.............
M ilw a u k ee & N o rth e rn ..
M inn. St. P . <fc8. 8. M . ..
M o. K a n sa s < T e x a s ........
fc
M o. P a cific Ac Iron M t—
N . Y . O n ta rio & W estern
N o rfo lk Ac W es ter u...........
N o rth e rn P a cific........... i
W iscon sin C e n t r a l. . . 5
O h io R iv e r ............................
P e o ria D e c . Ac E v a n s v ...
P itts b u rg & W estern ........
R io G ran d e s o u t h e r n ....
R io G ran d e W estern ........
8 t. J o se p h Ac G d. I sla n d ..
St. L o u is A lton A T. iJ .
St. L o u is Ac S ou th w est’ u .
T e x a s & P a cific.................

1 893.
S
7 42 ,56 9
1 53 ,58 5
52,1 98
36,1 68
6 5 ,3 8 0
4 0 5 ,0 0 0
1 82,662
8 6,4 46
81,8 97
6 79 .18 8
1,475
26,7 44
36,2 93
12,535
129 ,70 5
2 74,019
3 6 ,2 9 0
6,829
13,2 35
3,125
1 7 6 ,10 0
22, l t 8
5 4 ,6 9 9
91,6 83
7 ,6 3 6
3 ,4 8 0
2 5 ,9 9 2
5 1 ,8 2 8
40.6 65
8,602
4,974
3 6 9 ,41 3
6 8 ,2 9 4
19,614
71,811
37,6 55
5 ,2 4 2
7 6 ,5 7 6

1 89 2 .

In crea se.

6 ,179
6 9 ,9 7 c
117,279
3 4 ,9 3 s
3 3 1 ,37 5
6 9 ,o7 8
23.4 03
1 67 ,05 o
68.807
3 4 ,7 2 5
61,8 88
2 0 3 ,9 0 0
4 4 8 .0 3 9
74,4 85
2 .2 ,5 4 2

$
696 ,60 8
1 4 3 ,36 2
49.7L0
3 5 ,2 2 3
5 9 .4 1 7
3 9 4 ,0 0 0
1 90 ,29 3
80,7 45
104 ,99 3
*5 9 5 ,9 4 4
1,327
22,4 72
31,6 01
11.091
133 .48 0
2 7 3 ,2 7 6
2 9 ,7 9 6
6,291
1 5 ,3 7 0
3 ,0 6 4
1 7 1 .80 0
1 8,5 50
4 1 ,7 0 0
95,0 93
6,508
2 .527
24.3 76
47,4 39
43,7 77
8 ,512
4 ,328
3 6 1 ,5 4 0
6 6 ,6 i0
21,7 03
5 2 ,2 2 3
3 3 .8 5 2
4 ,719
81,4 89
16,871
5 ,7 5 2
5 4 ,4 6 9
108,503
24,3 71
3 8 1 ,21 0
6 2 ,5 7 7
19,902
132,163
6 8,6 53
32,8 83
51,9 15
186,263
430 ,05 2
65,3 67
180 .04 3

5 3 7 ,48 6

5 5 5 ,79 1

18,625
18,181
61,0 68
11,3 50
40,5 00
2 7.8 00
2 £ ,1 10
78,5 00
97,5 91

15,0 79
16,612
46,318

3 ,5 4 6
1,569
14,7 oO

4 0 ,0 0 0
3 9,3 00
2 4,8 40
6 2.1 00
92,3 48

5u0

D ecrease.

$
45,961
10,223
2 .4 3 8
945
5,963
11,0 00
7 ,6 3 1
5,701
8 3 ,2 4 4
148
4 ,2 7 2
4,692
1,441
743
6 ,4 9 4
538
61
4 ,3 0 0

2 3 ,0 9 6

3 ,7 7 5

2 ,1 3 5

ll;9 9 9
3 ,4 1 0
1,123
953
1 ,6 1 6
4 ,3 8 9
90
646
7 ,8 7 3
1,684

"3 ,1 1 2

2 ,0 8 9
19,5 88
3 ,8 0 3
523
4 ,9 1 3
333
427
15,507
8 ,7 7 6
10,567
165
7,001
3 ,501
34,895
154
1,842
9 ,9 7 3
17,6 37
18,787
9 ,118
3 2,4 99
18,305

1 6,4 00
5 ,2 4 3

'2,408

12,40
,0 0
2 30

W estern N. Y . Ac P e n u ...
W heeling & L a k e E rie ..
T o ta l (75 r o a d s ).............
Net in crease (5*93 p .c .L .

8 5 ,6 3 7

* In clu des C olorad o M id lan d fo r b o th years.
I W eek e n d in g J u n e 3.
F o r t h e f o u r t h w e e k o f M a y o u r f in a l s t a t e m e n t c o v e r * 81
r o a d s , a n d s h o w s 1 2 '2 0 p e r c e n t g a i n i n t h e a g g r e g a t e .
4 th w e ek o f M a y .

1 893.

1892.

In crea se.

P rev iou sly r e p ’d (0 6 r’ds)
Burl. Ced. fiaD. < N o r t h .
fe
C h ica go A G ran d T ru ng..
Cin. N.O. Ac T e x . P a c .5 rds
D e tro it Gr. H a v . < M ilw.
te
E ast T e n n e sse e V a.& Ga.
In te ro ce a n ic (M e x .).. ..t
K eok u k Ac W e ste rn ...........
M em phis Ac C h a rle s to n ...
M obile & B ir m in g h a m . . .
Pwio G ran d e W e s t e r n ... .
Sau F rau. & N o. P a cific.

$
1 0,169,177
111,408
67.2 71
2 73 ,28 8
20,8 50
1 6 5 ,88 5
4 3 ,3 0 6
9 ,4 2 0
4 2 ,4 5 4
6,021
8 3 ,1 0 0
2 9 ,7 4 2

$
9 ,0 4 1 .4 4 6
9 2 ,6 9 5
63,911
2 1 5 ,78 5
20,5 05
1 6 0 ,1 2 6
3 7 ,2 7 6
8 ,5 8 3
3 5 ,1 8 4
4 ,8 9 5
8 1 ,0 0 0
31,0 78

9

1 ,1 5 8,47 2
18.813
3 ,3 6 0
27,5 03
345
5 ,759
6 ,030
837
7 .2 7 0
1 ,126
2 ,1 0 0

T otal (81 r o a d s )............. 1 1,0 21 ,9 2 2
N et in cre a se (1 2-2 0 p .o.)
.............

9 ,8 2 2 ,3 3 4
.............

1,2 3 1,61 5
1,1 9 9,53 8

D ecrease.

*
3 0,7 41

1,336
3 2 ,0 7 7

t W eek e n d in g M ay 27.
N et

E a r n in g s

M o n t h l y t o L a t e s t D a t e s .— T h e
s ta te m e n ts .

fu r n is h in g

m o n th ly

every road

f r o m w h ic h w e c a n g e t r e t u r n s o f th is c h a r a c te r ,

a n d i n t h a t f o r m is g i v e n
p u b lis h e d

The

o n ce a m ou th .

fro m w eek to w eek , as soon

c o n v e n ie n c e o f o u r re a d e rs a ll th e ro a d s
b rou g h t tog eth er

c o m p ila t io n

fo llo w in g

E a r ly

in c lu d e s

re tu rn s are

a s is s u e d , b u t f o r th e
m a k in g

re tu rn s a re

h e r e in th e w e e k i n w h ic h w e p u b lis h

our

m o n t h ly a r t ic le o n n e t e a r n in g s — s a y o n o r a b o u t t h e 2 0 th o f
th e m on th .
A p a r a g r a p h m a r k (•]) a d d e d a f t e r t h e n a m e
o f a r o a d in d ic a t e s t h a t t h e fig u r e s f o r t h a t r o a d h a v e n o t p r e 
v i o u s l y b e e n g i v e n , b u t a p p e a r f o r t h e f i r s t t i m e i n t h is
is s u e .
- G r o s s E a m m g s . ——, ,-------H el E a r n i n g i .1 89 2 .
1893.
1 893.
1 39 2 .
R oarts.
S
$
A d ir o n d a ck '"...............A p r.
1 2 ,2 8 0
1 2 .2 3 1
3 ,7 1 0
3 ,7 8 8
5 7 ,0 4 0
5 5 ,2 6 5
J an . I t o A p r. 3 0 . . . .
21.5 85
2 1 ,5 0 0
2 3 0 ,6 2 2
2 1 2 ,1 8 3
8 9 ,1 2 0
A lle g h e n y V a lle y .-H A p r .
8 1 ,5 8 2
8 4 2 .8 1 1
7 8 5 .7 2 6
2 5 4 ,7 8 7
J an . 1 t o A p r. 3 0 ___
2 7 9 ,5 6 0
8 7 8 .9 4 8
At. T . & 8. F e § .........b A p r . 3 ,2 1 6 ,0 8 4 3 ,0 4 8 ,5 1 8
8 6 5 ,4 7 0
J a n . 1 t o A p r. 3 0 . . . . 1 2,5 8 9 .9 3 8 1 1 ,4 8 0 ,0 4 4 3 ,0 1 8 ,8 7 6 2 ,7 7 8 ,1 6 5
J u ly 1 t o A p r. 3 0 ....3 4 ,4 1 7 ,8 0 3 3 2 ,0 3 4 ,2 0 3 1 0 ,2 ;2 ,6 9 0 9 ,5 8 6 ,5 0 8
St.L .& San F r.S v a .b A p r.
6 9 6 .0 9 1
6 2 5 ,3 6 9
2 3 9 ,68 1
2 2 3 .6 7 4
Jan . 1 to A p r. 3 0 ___ 2 ,8 1 8 ,8 5 7 2 ,5 5 1 ,7 7 2
8 3 7 .4 0 3
7 9 1 .2 0 7
J u ly 1 to A p r. 3 0 . . . 7 ,9 1 0 ,1 2 0 7 ,3 8 2 ,6 0 9 2 ,8 4 3 ,1 0 3 2 ,7 8 2 ,9 6 5
A g g re g a te T o ta l.b .A p r . 3 .9 1 2 ,1 7 6 3 ,6 7 3 .3 8 8 1 ,1 1 3 ,6 3 0 1 .0 3 9,14 5
Jan . 1 t o A p r. 3 0 ....1 5 ,4 0 8 ,7 9 5 1 4 ,0 3 1 .8 1 6 3 ,8 5 6 ,2 8 5 3 ,5 6 9 ,3 6 1
t<
J u ly 1 to A p r. 3 0 ....4 2 ,3 2 7 ,9 2 4 3 9 ,4 1 6 ,8 1 3 1 3 ,1 2 0 ,8 0 0 1 2.3 6S .4 7 4
B a ltim o r e & O h io—
4 6 1 ,8 4 5
5 2 4 .8 2 1
L in e s E . O. E b . . . A p r . 1 ,5 2 3 ,4 6 9 1 ,5 6 0 ,3 9 2
J a n . 1 to A p r. 3 0 . . . . 5 ,8 8 5 ,7 1 7 6 ,1 1 9 ,1 0 9 1 ,5 0 1 ,6 5 7 1 ,7 9 5 ,2 9 8
J u ly 1 t o A p r. 3 0 . . . . 1 6 ,2 8 0 ,0 2 0 1 6 ,6 0 0 ,5 0 5 4 ,8 5 3 ,5 5 3 5 ,4 9 5 ,5 6 5
56,931
7 7 ,7 4 1
L in e s W. O . E . . b . . . A p r.
4 9 9 ,4 0 3
4 9 4 ,5 6 1
2 2 4 ,7 2 0
3 0 5 ,1 8 0
J an . 1 t o A p r. 3 0 . . . . 2 ,0 6 5 ,8 8 6 2 ,0 2 3 ,4 1 7
9 2 0 ,9 1 0
9 1 1 ,7 9 2
J u ly 1 t o A p r. 3 0 . . . . 5 ,4 2 5 .1 1 7 5 ,1 2 1 ,3 4 8
5 1 8 ,7 7 5
6 0 2 ,5 6 2
T o ta l s y s t e m .b . .. A pr. 2 ,0 2 2 ,8 7 1 2 ,0 5 4 ,9 5 2
J an . 1 t o A p r. 3 0 ___ 7 ,9 5 1 ,6 0 3 8 ,1 4 2 ,5 2 6 1 ,7 2 6 ,3 7 7 2 ,1 0 0 ,4 7 6
J u ly 1 t o A p r. 3 0 ....2 1 ,7 0 5 ,1 3 7 2 1 ,7 2 1 ,8 5 4 5 ,7 7 4 .4 6 3 6 ,4 0 7 ,3 5 8
6 6 .2 1 7
6 1 ,8 2 4
B. & O. S o u t h w .b ..ffA p r .
2 0 0 ,4 0 2
186 ,52 8
2 3 2 ,2 0 0
2 9 9 ,1 6 4
J a n . 1 t o A p r. 3 0 . . . .
8 4 6 ,1 0 5
8 5 0 ,70 3
8 16 ,32 9
J u ly 1 to A p r. 3 0 . . . . 2 ,2 5 3 ,6 8 1 2 ,2 6 2 ,6 2 5
8 6 6 ,2 7 8
845
703
B atU A H a m m o n d s ...A p r .
1 ,9 6 7
1 .853
2 ,5 2 1
2 ,1 1 9
J an . 1 to A p r. 3 6 ___
6 ,9 2 8
6 ,6 1 4
B irm . & A tla n t ic . b .1 [A p r.
3 ,2 2 7
3,598 :K)Ctdef.915
481
u
578
Jau . 1 t o A p r. 3 0 . . . .
12.011
1 2 ,8 8 7 303
5 ,051
6 ,0 2 7
J u ly 1 t o A p r. 3 0 ___
3 2 ,6 6 3
3 6,2 45
3,345
5 ,6 4 9
B ir .8 h e f.& T e n .K .b .lI A pr.
1 6,9 01
16,0 69
2 5 ,8 4 2
2 8 ,9 1 2
J a n . 1 to A p r. 3 0 ____
8 2 ,1 3 2
7 2 ,5 9 2
6 0 ,4 7 0
7 2 ,7 8 0
J u ly 1 to A p r. 3 0 __
2 1 4 ,3 6 6
1 9 2 ,1 7 7
8 3 ,8 4 3
7 8 ,8 9 7
B r’k lv u E levated.1T .Apr.
1 7 4 ,70 2
1 6 8 ,1 0 3
2 8 8 .0 0 4
J an . 1 to A pr. 3 0 . . . .
6 6 3 ,6 6 5
6 3 1 ,7 9 3
2 7 9 ,6 2 4
6 9 6 ,9 3 3
J u ly 1 to A p r. 3 0 . . . . 1 ,6 1 5 ,0 9 8 1 ,5 1 5 ,1 2 4
6 5 1 ,8 0 2
1 1 5 .0 7 8
9 7 ,9 4 8
Buff. R. & P itts , b ... A pr.
3 2 1 ,6 3 6
2 8 5 .4 9 4
2 8 4 ,2 6 9
2 8 5 ,9 6 4
J a n . 1 to A p r. 3 ) . . . . 1 .0 4 4 ,4 1 1
9 8 2 ,7 9 0
7 7 7 ,1 5 7
7 7 3 ,0 3 3
J u ly 1 t o A p r. 3 0 ___ 2 ,7 4 2 ,6 5 5 2 ,4 7 6 ,4 2 6
3 1 ,4 0 0
6 0 ,3 3 9
Burl. C ed.R . A N o .a llA p r.
2 80 .36 5
2 9 2 ,9 5 7
2 9 2 ,0 6 1
4 1 0 ,9 7 8
J a n . 1 to A p r . 3 0 . . . . 1 ,2 5 3 ,2 5 0 1 ,3 2 5 .8 0 3
3 ,2 7 9
Cam . A A tl.& B rs .»1 T A p r.
5 1 ,3 5 0
5 3 ,9 7 7 d e f.2 .8 7 2
Jau . 1 to A p r. 3 0 ___
1 7 0 ,3 1 9
1 6 6 ,17 6 d e f.2 7 ,9 0 5 d e f.2 6 ,3 7 9
5 7 5 ,2 1 4
6 1 2 ,6 3 2
C anadian P a c if ic .* .. A pr. 1 ,5 9 9,21 4 1 ,6 7 1 ,3 1 7
J an . 1 to A p r. 3 0 . . . . 5 ,9 6 3 ,5 8 2 6 ,3 2 6 ,5 8 7 1,8 3 7,35 8 2 ,0 5 0 ,3 1 9
d ef. 1 ,135
C arolin a M id lan d . .1! A pr.
2 ,6 0 9
3 ,0 1 5 d ef. 1,719
1,934
d e f.3 9 0
J a u . 1 to A p r. aO_
18,3 06
18.1 17
1 2.2 10
1 0 ,0 9 9
J u ly 1 to A p r. 3 0 -5 6 ,0 1 7
5 4 ,7 7 6
4 2 7 .8 2 6
4 2 4 ,8 5 6
Cent, o f N ew J e r s e y a A p r . 1 .1 6 4,47 3 1 ,0 9 6 ,6 4 3
Jan . I to A pr. 3 j ___ 4 ,5 5 2 ,6 0 0 4 ,3 8 5 .5 1 1 1 ,648,831 1 ,7 8 7 .3 5 2
5 7 9 ,2 2 2
4 2 6 ,3 9 0
C entral P a c ific ., .b l l A p r. 1 ,1 5 4 ,3 6 5 1 ,1 7 3 ,2 7 9
J a n . 1 to A p r. 3 0 . . . . 4 ,1 1 3 ,2 9 8 4 ,2 3 5 ,0 7 3 1 ,3 7 3,42 5 1 .5 9 8.65 8
d ef. 7 ,2 4 6
d e f. 3 ,1 10
C har. Cin. & C h ic ..fiA p r .
1 1 ,2 4 4
9 ,8 7 7
J an . 1 to A p r. 3 0 ____
5 3 ,6 0 6
5 0 ,7 1 6 d e f .1 9 ,3 6 1 d e f.5 ,7 3 5
4 73
1 ,3 7 0
C h a u tau qu a A I/k e .li A p r.
4 ,5 9 2
4 ,4 8 3
839
d e f.3 8 0
J an . i to A pr. 3 0 . . .
1 6 ,3 4 7
1 4 ,9 3 6
430
C beraw & D a r i..b U - A p r .
4 ,6 2 6
5 ,1 8 0 d e f. 2 .3 0 5
9 ,4 1 6
1 3 ,2 9 1
J an . 1 to A p r. 3 0 ____
3 7 ,0 7 0
29,92.3
2 9 ,3 4 2
2 6 .3 0 6
J u ly 1 t o A p r. 3 0 ____
7 7 ,8 1 0
81,-119

THE CHRONICLE.

1012
— G r o ss E a r n i n g s .-

1893.
H oa d s.

8

1 892.

8

------ X e l E a r n i n g s .— —
1393.
1 89 2 .

8

8

3 6 1 ,6 2 4
C hesap eake & O h io. a Ay>r.
J au . 1 to A p r. 3 0 ----- 3 ,2 4 3 ,2 0 9
J u ly 1 to A p r. 3 0 ___ 9 ,3 7 1 ,1 2 3

7 3 1 ,6 9 7
2 ,9 9 3,250
9 ,0 7 1 ,3 3 3

2 5 1 .3 9 6
9 3 3 .9 3 1
3 ,0 1 0 ,6 2 2

1 62 .70 3
6 1 9 .00 7
2 ,2 3 3 ,2 9 0

1 8 0 ,9 5 5
-Cites. & O . S . W .b ..U A p r .
8 0 1 ,1 2 3
J a n . 1 to A p r. 3 0 —
2 ,0 1 9 ,7 2 3
J u l y ! to A p r. 3 0 —

1 7 2 ,9 9 0
7 0 3 ,2 1 3
1 ,9 8 7 ,2 0 7

6 1 ,2 5 2
2 3 0 .2 0 6
7 2 2 ,3 6 7

5 4.7 42
2 3 7 ,2 51
7 3 1 ,0 2 4

1 6 9 ,1 8 3
CMC. B ur. & N o r ... b . A pr.
2 7 0 ,5 3 3
6 6 6 .1 4 7
J an . 1 to A p r. 3 0 ___
7 8 6 ,0 6 0
C h ic . B url. & Q u in ..b A p r. 2 ,9 9 0 ,3 9 9 2 ,7 5 7 ,6 2 9
J ail. 1 t o A p r. 3 0 ..-.1 2 ,3 9 2 ,4 8 7 1 2 ,0 8 7 ,5 6 9
C h ica g o & E . 111. . a . .M ar.
3 6 3 ,9 3 6
3 2 5 ,0 6 3
9 3 3 ,5 5 '
J a n . 1 t o M ar. 3 1 . . . . 1 ,0 6 3 ,1 4 7
J u ly 1 t o M ar. 3 1 . . . . 3 ,3 9 4 ,6 9 0 2 ,8 3 7 ,6 1 7
2 0 3 ,3 1 3
C h .J u n .E A U .S ’ li.Y d s .A p r
1 8 3 ,6 8 7
9 2 5 ,3 2 6
J a n . 1 to A p r. 3 0 . . .
8 2 1 ,2 3 1
C h io .M .& S t. P a u l..a A p r . 2 ,6 4 1 ,6 5 8 2 ,4 2 8 ,0 1 7
J an . 1 t o A p r. 3 0 ....1 0 .0 6 7 ,6 4 2 9 ,8 9 4 ,0 7 8
J u ly 1 t o A p r. 3 0 ....2 3 ,6 8 6 ,7 8 2 2 7 ,4 4 7 ,1 1 1
C h lo. & \V. M ich ....... A p r.
1 7 2 ,7 8 5
1 7 3 ,78 2
6 0 1 ,8 9 7
6 0 7 ,09 5
J a u . l to A p r. 3 0 —
5 2 ,3 7 2
60,1 53
C in .J a ck .& M a ck . 1Tb Apr.
2 1 2 ,9 3 3
2 3 2 ,4 9 5
J a n . 1 to A p r. 3 0 ----6 2 7 .37 2
5 9 0 ,0 3 6
J u ly 1 t o A p r. 3 0 —
3 2 3 ,6 9 3
3 2 1 ,5 7 9
C ln .N .O .& T e x . I’ .l! a. A pr.
J an . 1 t o A p r. 3 0 . . . . 1 ,3 3 2 ,3 3 5 1 .3 5 9 ,2 0 0
J u ly 1 to A pr. 3 0 ----- 3 ,4 3 3 ,3 4 0 3 ,6 1 6 ,0 0 2
1 3 1 ,27 9
1 2 9 ,9 3 9
A la . G t.S o u tliu . If a. A pr.
5 9 3 ,3 1 2
5 8 3 ,6 1 7
Jan . 1 to A p r. 3 0 ----1 ,5 3 3 ,6 0 9 1 ,6 1 3 ,9 7 7
J u ly 1 to A p r. 3 0 —
9 3 ,7 6 9
1 03 ,54 4
N. O. & N o ’ ea st.U a . A p r.
3 9 ,0 6 4
A la b 'a & V ieks..1!a. A pr.
4 3,4 73
3 4 ,3 9 6
3 4 ,6 7 5
V ic k s . S h . & P a c. Ita . A pr.
6 3 2 ,8 6 2
6 3 0 .6 0 1
T o ta l sy stem ...T fa . A pr.
2 0 ,0 5 2
2 4 ,5 1 5
■Cin. P orts. & Vir.1l b . A pr.
8 2 ,1 5 7
7 0 ,1 3 8
Jan. 1 to A p r. 3 0 ___
2 3 0 ,0 9 3
J u ly 1 to A p r. 3 0 —
2 1 1 ,7 3 7
9 2 ,5 5 9
8 4 ,4 0 1
C ley . A k ron & Col.b1TA pr.
2 9 5 ,2 1 9
3 2 9 ,0 7 9
Jan . 1 t o A p r. 3 0 ___
7 9 3 .6 0 2
8 5 5 ,1 8 L
J u ly 1 to A p r. 3 0 ----7 2 ,7 5 1
5 7 ,1 4 6
•Clevel. C an. & So. b ... Mar.
1 87 ,83 5
1 4 5 ,9 2 6
Jan . 1 t o M ar. 3 1 ___
7 0 5 ,6 1 1
5 5 0 ,4 4 5
J u ly 1 t o M ar. 3 1 ----C lev .C in .C . & St. L .a .A p r. 1 ,1 0 8,97 1 1 ,1 1 3 ,6 7 6
J an . 1 t o A p r. 3 0 ___ 4 ,2 8 0 ,0 7 6 4 ,4 9 9 ,5 32
J u ly 1 to A p r. 3 0 ....1 2 ,2 7 6 ,1 9 7 1 2 ,2 4 4 ,6 3 9
P e o ria & E a s te rn .a A p r.
13 3,439
1 3 9 ,2 1 0
J a n . 1 t o A p r. 3 0 ___
5 3 3 ,33 5
0,6 74
J u ly 1 t o A p r. 3 0 ___ 1 ,4 5 0 ,2 6 8 1 ,5 5 6 ,4 6 6
2 7 ,4 0 4
C le v e . & M arietta ..IfM a r.
3 3 ,3 2 1
J a n . 1 to M ar. 3 1 . . . .
8 7,2 27
7 7 ,5 3 1
2 3 4 ,8 6 5
C o l. II. V . & T o l-----b M a r.
2 7 5 ,5 2 3
7 0 1 ,0 9 4
Jan . 1 to M ar. 3 1 ___
8 0 2 ,5 1 8
4 6 ,7 2 4
•Colum .Shaw .& H oek.A or.
5 2 ,4 7 7
J an . 1 to A p r. 3 0 _____
2 3 3 ,4 3 6 1 9 4 ,8 4 1
J u ly 1 to A p r. 3 0 _____
6 5 8 ,8 2 4 5 9 5 ,4 1 7
C o n n e cticu t B iv e r ... M ar.
9 7 ,7 4 2
9 3 ,1 5 4
Jan . 1 t o M ar. 3 1 . . . .
2 6 1 ,4 6 1
2 5 5 ,3 7 8
J u ly 1 to M ar. 3 1 . . . .
9 0 7 ,7 6 4
8 5 3 ,9 2 7
-Current R iv e r............A p r.
16,4 68
1 7 ,4 2 2
J an . 1 to A o r . 3 0 . . . .
6 2 ,4 3 2
5 6.7 09
J u ly 1 t o A p r. 3 0 . . . .
1 7 2 ,8 6 7
1 4 3 ,9 3 0
D en . & K. G r a n d e .b .A p r .
6 5 2 ,8 3 4
6 2 4,630
Jau . 1 t o A p r. 3 0 ___ 2 ,9 0 3,52 8 2 ,7 5 1 ,7 4 8
J u ly 1 to A p r. 3 0 . . . . 7 ,8 1 2 ,7 4 0 7 ,3 7 0 ,1 6 8
D e s M o .N o . & W ........M ar.
3 3 ,9 0 7
3 4 ,9 4 7
J an . 1 t o M ar. 3 1 . . . .
91,6 42
1 0 0 ,3 8 2
D e t.B a y C ity & A l.b li.A p r .
4 0 ,1 3 9
2 9 ,1 3 8
J an . 1 to A p r. 3 0 ___
1 5 3 ,2 9 2
1 2 1 ,9 0 8
D et. B a n s .& N o r ..a .A p r .
1 0 0 ,97 7
9 9 ,2 7 7
Jan. 1 to A p r. 3 0 ___
3 3 3 ,3 4 6
3 74 ,03 1
E lg in J o lie t & £ . . a ..M a r .
9 8 ,9 4 3
7 4 ,3 6 5
Jan. 1 to M ar. 3 1 ___
2 1 7 ,1 8 7
2 0 4 ,2 7 3
J u ly 1 t o .Mar. 3 1 . . . .
6 9 5 ,1 3 3
0 2 1 ,3 3 9
F lin t & P e re Mar. a ll A p r.
2 6 3 ,6 1 5
2 3 0 ,4 1 2
J an . 1 to A p r. 3 0 ___
9 8 0 ,3 9 3 1 ,0 3 6 ,3 3 6
G e o rg ia B E —
Ifa A p r.
8 7 ,5 0 2
1 0 5 ,0 9 3
J an . 1 to A p r. 3 0 ___
4 9 0 ,5 2 6
4 9 0 ,1 2 9
J u l y l t o A p r. 3 0 ___ 1 ,3 0 1 ,0 6 2 1 ,3 3 0 ,8 9 9
G a. South’ n & F la .b .lfA p r .
5 7 ,6 0 9
5 8 ,9 2 2
J a u . 1 to A p r. 3 0 ___
2 7 9 ,1 6 3
2 1 7 .709
J u ly 1 to A p r. 3 0 ___
6 3 1 ,7 9 2
6 1 9 ,5 7 7
G r a n d B a p . & I n d . .If Apr.
2 7 0 ,39 3
2 6 9 ,1 0 0
Jan . 1 to A p r. 3 0 ___
9 7 4 ,2 2 6 1 ,0 1 5 ,1 3 5
s.

G ran d T r’k o f Can.. If A pr.
3 0 3 ,2 1 4
J an . 1 to A p r. 3 0 ___ 1,2 1 0,5 46
C hlo. & G ran d T r .lf A p r.
5 9 ,4 8 2
J an . 1 t o A p r. 3 0 ___
2 3 2 ,0 5 5
D e t. Gr. H. & Mil.If .A o r .
1 9 ,2 3 5
J an . 1 to A p r. 3 0 .'...
7 0 ,4 2 2

8

[V ol. LVI.

£
3 3 1 ,3 0 1
1 ,2 5 9 ,1 5 5
6 8 ,4 3 7
2 7 3 ,0 6 3
2 0 ,1 7 4
7 8 ,6 5 1

$

5 3 ,2 0 2
1 1 7 .8 1 0
2 2 5 .82 1
2 7 3 .7 3 5
6 8 3 ,6 6 3
7 2 4 ,3 6 6
3 ,6 4 1 ,9 1 8 3 ,8 3 1 ,3 7 1
9 6 ,0 5 1
1 3 2 ,8 5 4
3 2 1 ,2 2 9
3 3 5 ,0 1 2
1 .2 3 7 .3 9 3 1 ,1 0 2 ,7 4 0
1 3 3 ,5 3 8
1 1 1 .7 2 0
6 1 1 ,0 6 1
5 2 5 ,2 6 1
6 9 7 ,7 9 6
7 3 3 .0 6 0
2 ,8 9 0 ,0 5 1 3 .0 3 5 ,2 4 7
9 ,7 1 3 ,7 5 8 1 0 ,0 9 4 .1 4 5
5 3 .6 2 3
4 9 ,0 1 1
1 5 0 ,8 9 5
9 2 ,6 3 5
1 0 ,9 7 7
9 ,4 7 1
4 6 ,6 3 5
4 6 .3 0 3
1 5 1 ,3 9 9
1 6 6 ,0 5 4
6 3 ,6 5 8
7 5 .0 9 0
319,702
3 2 4 ,5 8 L
8 4 0 ,1 3 4 1 ,0 3 2 ,3 0 7
1 4 ,3 4 9
1 0 .0 7 0
1 0 9 ,8 L0
1 0 3 ,7 8 7
3 7 8 ,9 6 7
2 3 5 ,3 1 6
1 3 ,0 0 0
3 ,0 0 0 d e f.2 ,0 0 0
d e f.3 ,0 0 0 d e f.2 ,1 4 4
8 6 .5 6 3
9 3 .0 7 0
1 ,0 5 1
5 ,4 9 5
6 ,4 3 6
1 1 ,7 5 7
4 3 ,6 3 1
3 3 ,3 7 7
2 3 .2 7 0
2 9 ,5 7 3
7 6 ,4 5 8
7 8 ,7 7 1
2 1 3 ,5 8 3
2 2 6 ,2 5 0
20,9 17
2 1 ,3 3 7
5 0 ,4 3 4
6 1,9 06
2 4 1 ,5 5 9
1 9 1 ,9 8 1
2 6 7 ,8 3 6
2 6 5 ,8 7 5
9 4 1 ,4 3 5 1 ,1 4 3 ,2 1 9
3 ,0 5 3 ,2 2 5 3 ,5 2 7 ,2 4 2
1 6 ,5 6 6
3 3 ,0 9 7
1 5 9 .7 4 6
5 6,4 53
2 6 4 ,6 6 7
4 1 3 ,9 3 1
7 ,1 9 )
1 0 ,2 4 5
2 0 ,3 7 7
1 8 ,9 5 8
1 1 4 ,2 4 7
87.5 63
3 2 2 ,5 1 9
2 6 4 ,4 6 5
1 1 .6 7 5
9 ,3 5 9
7 5 ,6 3 7
4 5 ,1 7 8
2 5 3 ,0 5 0
2 0 6 ,1 1 4
3 4 ,5 2 6
4 0 ,6 0 8
7 6 ,2 1 0
1 0 5 ,9 9 3
2 1 3 ,3 9 7
3 0 1 ,1 4 7
6 ,7 3 9
5 ,2 5 3
1 6 ,9 2 3
19,9 45
6 6 ,5 3 5
6 1 ,4 5 1
2-18,072
2 3 6 ,2 9 9
1 .1 5 9 .3 9 3 1 ,1 3 1,12 1
3 ,4 1 6 ,7 3 6 3 ,1 3 2 ,3 2 4
1 8 .6 3 2
1 5 ,6 0 3
3 6 ,9 1 1
4 8 ,1 3 1
19,4 96
8 ,8 2 7
7 9 ,8 1 7
4 8 , L3!)
2 0 ,9 5 0
2 4 ,1 0 7
65,7 88
7 5 ,7 4 4
2 8 ,6 7 2
2 5 ,8 5 3
5 3 ,3 9 3
6 3 ,2 6 5
1 9 7 ,4 7 0
2 2 1 ,0 2 7
7 8 ,0 5 9
6 7 ,2 1 1
2 28 .30 3
2 9 8 ,7 4 0
5 ,3 2 4
10,5 93
1 0 6 .0 6 0
7 2 ,9 0 8
3 S 5,691
2 94 ,58 9
2 ,7 1 2
13,316
4 2 ,7 8 3
6 3 ,0 5 0
1 58 ,92 5
2 1 9 ,5 9 5
82,5 93
7 6 ,7 4 0
2 0 3 ,8 9 4
2 7 7 ,6 4 7

80
,0 0

£
8 4 ,3 2 2
2 7 2 ,1 7 4
7 ,3 1 3
2 4 ,3 6 7
2 ,5 7 7
6 ,1 6 0

$
12,0
12

1 0 2 ,33 2
3 1 5 ,3 2 3
1 6 ,6 2 0
6 1 ,6 3 1
4 ,3 3 3
13,19 4
*

G reen B a y W .& S t.P .. Mar.
4 5 ,0 4 2
J an . 1 to M ar. 3 1 ___
1 2 1 ,34 2
3 1 ,1 6 7
A u g. 1 to M ar. 3 1 ___
8 7 ,4 1 3
3 4 ,2 7 2
G u ll & C h ica go..If b . A p r.
2 ,8 6 2
2 ,4 3 4
d ef.1 7 6
d e f.1 5 0
Jan . 1 t o A pr. 3 0 ___
1 3 ,6 8 9
3,113
def. 1,941
■ E foos. Tun. & W ilm .H A pr.
3 ,1 2 0
3 ,0 8 4
743
1 ,0 1 6
J a n . 1 to A p r. 3 0 ___
1 1 ,3 7 3
2 ,1 8 1
2 ,6 0 3
I llin o is C e n t r a l..a ..A p r . 1 ,5 1 2 ,9 9 8 1 ,4 1 0 ,3 0 3
3 8 3 ,71 1
2 5 3 ,0 2 3
, J a n . 1 to A p r. 3 0 . . . . 6 ,2 0 8 ,9 1 8 6 ,0 5 1 ,9 6 9 1 ,5 9 5 ,7 4 6 1 ,4 6 0 ,1 1 1
J u l y l to A pr. 3 0 . ..1 6 ,4 0 3 ,2 7 8 1 6 1 2 2 7 )5 8 2 4 ,4 5 8 ,8 6 9 4 , 0 6 6 ,7 dd
I n d .D e c . & W e s t ...I fA p r .
3 0 ,1 1 0
3 1 ,7 0 0
1 ,6 1 0
4 ,5 46
Jan. 1 t o A p r. 3 0 ___
1 4 1 ,4 2 2
1 5 9 ,3 9 8
2 9 ,7 4 7
4 6,60-:
J u ly 1 to A p r. 3 0 ___
4 2 3 ,6 0 6
4 1 6 ,0 0 6
1 2 1 ,2 2 6
1 2 2 ,9 6 3
I o w a C entral......... b .A p r .
1 3 1 ,0 6 1
1 2 8 ,8 9 7
3 4 ,6 7 9
2 3 ,3 5 1
J an . 1 to A p r. 3 0 ___
5 91 ,20 9
6 00 ,10 5
1 4 7 ,1 2 9
1 5 4 ,0 0 2
J u l y l to A p r. 3 0 ___ 1 ,6 4 2 ,1 9 4 1 ,6 2 6 ,2 2 4
4 6 0 ,4 1 7
5 0 0 ,4 7 9
I r o n R a ln v a y — b|T. - A pr.
3 ,5 0 0
2 ,9 8 5
1 ,3 0 1
183
J ap - J to A p r. 3 0 . . . .
1 3 ,1 5 8
1 0 ,2 9 0
1 ,9 3 1
417
W K J u ly 1 to A p r. 3 0 . . . .
3 4 ,0 2 9
26,5 53
2 ,4 2 8
2 ,3 3 5
K a n a w h a A. M ich .b lf A p r.
29,1 69
3 1 ,6 1 0
7 ,4 3 8
11,8 36
J an . 1 t o A p r. 3 0 . . . .
113 .48 2
1 1 4 ,3 0 7
3 5 ,6 8 9
3 5 ,9 3 1
J u ly 1 to A p r. 3 0 . . . .
.3 0 4 ,6 9 6
2 9 1 ,1 2 4
1 0 0 ,3 0 1
8 6 ,0 5 0

12 0
,2 2
11,012

- N e t E a r n i n g s .—

- G r o s s E a r n i n g s .-

1 89 3 .

1892.

1 89 3 .

2 8 ,4 5 4
1 2 0 ,3 3 1
2 94 ,30 5

2 5 ,9 0 6
1 0 2 ,6 7 3
2 6 3 ,8 3 9

1 0 .1 1 3
4 3 ,5 6 7
1 0 1 ,4 8 1

8 ,6 1 3
3 1 ,1 6 0
8 0 ,3 6 1

3 7 9 ,5 9 2
1 ,6 6 3 ,6 3 1
4 ,2 4 1 ,9 0 9

7 1 ,0 8 8
4 5 8 ,6 5 3
1 ,2 3 6 ,0 9 6

6 4 ,0 5 3
3 6 9 ,9 9 7
1 ,2 0 9 ,3 9 1

3 ,9 7 7
8 9 .4 3 0
1 9 9 ,2 5 9

d e f.6 ,3 2 9
5 5 ,7 4 1
2 1 8 ,2 0 1

$

R o a d s.

K a n . C.Clin. & S p r ... A p r.
J a n . 1 t o A p r. 3 0 . . .
J u ly 1 t o A p r . 3 0 ___

K an. C. F t. S.& M .......A pr.
3 3 7 ,2 1 4
J a n . 1 to A p r. 3 0 .
1 ,7 2 9 ,8 3 2
J u ly 1 to A p r. 3 0 . . . . 4 ,4 0 4 ,9 1 8

$

K an. C. M em . & B ........ A p r.
8 1 ,1 7 3
6 9 ,6 0 5
J an . 1 to A p r. 3 0 ___
3 9 5 ,6 3 6
3 6 5 ,5 9 1
J u ly 1 t o A p r. 3 0 . . . . 1 ,0 1 7 ,3 0 1 1 ,0 1 5 ,1 2 1

1892.

$

$

K e o k u k & W eat’ n .b ..M a r ,
3 2 ,4 4 3
3 5 ,8 9 1
1 3 ,1 0 1
1 6 ,6 4 4
J a n . 1 t o M ar. 3 1 . . . .
9 7 ,1 5 3
1 05 ,17 8
3 9 ,7 7 5
4 5 ,9 3 4
L. E rie A ll. & S o . . .
A p r.
6 ,0 6 6
6 ,3 6 1
218
1 ,9 3 6
J a n . 1 t o A p r. 3 0 ___
2 8 ,7 9 0
2 6 ,6 7 6
5 ,3 0 4
7 ,3 2 3
L. E rie & W e st’ n,.bfl . A pr.
2 9 4 ,8 1 6
2 6 2 ,1 3 5
1 0 7 ,9 7 0
1 1 1 .9 6 6
J au . 1 to A p r. 3 0 . . . 1 ,1 9 0 ,5 9 7 1 ,0 8 6 ,8 1 4
4 9 2 ,8 6 5
4 5 5 ,6 4 0
L o u is v . & N a s h v .b .. A p r. 1 ,6 7 5 ,5 0 3 1 ,6 2 6 ,0 2 7
4 3 2 ,9 6 3
4 6 9 ,0 8 7
J an . 1 to A p r. 3 0 ___ 7 ,2 4 3 ,2 5 4 6 ,7 5 0 .6 7 4 2 ,5 0 8 ,7 1 2 2 ,2 7 2 ,4 6 7
J u l y l to A p r. 3 0 ...1 8 ,9 2 3 ,1 8 3 1 7 ,8 1 1 ,8 4 7 7 ,0 2 0 .0 3 4 6 ,2 8 4 ,9 3 4
L o u is v . N. A . & C . . a . A p r.
2 6 6 ,7 9 1
2 6 2 ,7 1 4
9 8 ,5 1 2
1 0 1 ,7 5 9
J a n . 1 t o A p r. 3 0 ___
9 3 4 ,6 1 3
2 6 3 ,6 8 3
2 9 2 ,0 0 9
9 5 4 ,7 6 7
J u ly 1 t o A p r. 3 0 ___ 2 ,7 8 6 ,2 7 4 2,5& J,431
8 3 5 ,7 3 9
7 6 5 ,1 0 6
L ou isv. S t.L ,& T e x .fi A p r .
5 2 ,6 1 3
1 6 ,5 9 0
4 9 ,0 8 2
1 9 ,5 8 6
J a n . 1 to A p r. 3 0 ___
2 >3,311
7 5 ,5 5 4
7 0 ,2 5 4
2 0 7 .2 4 0
J u ly 1 t o A p r. 3 0 ___
5 3 9 ,5 2 2
5 0 5 ,6 1 2
2 1 9 ,6 2 0
2 0 4 ,5 6 1
M a co n & B in n in g ..!,'A p r .
4 ,5 5 2
6 ,2 0 9
d e f.6 3 2
d ef.S
J an . 1 t o A p r . 3 J ___
4 ,5 9 2
2 4 ,1 1 8
2 1 ,9 5 2
d e f.1 ,8 3 6
M a n is tiq u e ................fi A pr.
7 ,5 3 7
1 0 ,1 7 7
1 0 .8 6 2
417
Jan . 1 to A p r. 3 0 ___
2 5 ,4 2 1
4 9 ,7 9 6
5 0 ,5 3 2
2 4 ,7 8 9
M e x ica n C e n tra l___ A pr.
7 2 5 .2 7 9
2 1 1 ,1 1 3
6 5 9 ,8 4 9
2 9 1 ,7 2 3
J a n . 1 to A p r. 3 0 . . . . 2 ,6 6 1 ,1 2 6 2 .5 1 5 ,8 3 7
7 6 1 .0 1 4
8 9 3 ,3 9 4
1 6 5 ,8 0 9
M ex . In te rn a tio n a l..F e b .
3 5 ,9 1 9
1 1 6 ,8 5 6
4 4 ,6 3 3
J an . 1 t o F eb. 2 8 . . . .
2 4 7 ,2 7 9
1 2 0 ,1 0 5
8 8 ,8 7 6
3 7 7 ,9 1 8
M e x ica n N a tio n a l___ A pr.
3 6 3 ,8 1 1
*1 2 3 ,4 1 5
3 3 2 ,0 9 7
1 0 8 ,1 6 5
J an . 1 to A p r. 3 0 ___ 1 ,5 1 3 ,6 0 2 1 ,3 2 4 ,8 9 1
* 5 14 ,35 5
3 9 7 ,6 2 9
1 4 3 ,9 8 0
M ilw .& N o rth e rn .a . fi A pr.
2 3 ,3 9 3
4 7 ,2 5 3
1 3 5 ,8 9 6
J a n . 1 t o A p r. 3 0 . . . .
1 0 8 ,2 4 4
5 3 6 ,1 7 6
5 1 1 ,4 2 7
1 4 6 ,1 9 8
J u ly 1 t o A p r. 3 0 ___ 1 ,4 5 0 ,1 0 1 1 ,4 8 0 ,1 2 7
4 2 9 ,2 9 6
5 4 7 ,3 3 3
M inn. & St. L o u is .a .. A p r.
1 3 0 ,8 0 2
4 0 ,7 9 6
3 3 ,9 2 1
1 4 0 ,3 1 6
J a n . 1 to A p r. 3 0 . . . .
1 7 7 ,6 2 5
2 4 3 ,9 8 4
5 4 4 ,2 4 8
5 9 2 ,5 0 6
J u ly 1 to A p r. 3 0 ___ 1 ,6 5 9 ,0 3 6 1 ,6 7 0 ,2 6 6
6 2 1 ,9 2 5
7 0 7 ,5 9 0
M inn. S t.P .& 3 .S .M .fiA p r.
2 3 3 ,6 3 4
5 1 ,0 3 9
8 4 ,8 7 5
2 4 9 ,0 9 6
J a n . 1 t o A p r. 3 0 ___
1 4 1 ,7 2 1
3 0 9 ,3 3 6
9 2 3 ,0 8 3
9 4 3 ,5 6 7
5 2 9 ,8 6 0
M o .P a c . & Iro n M .b..M ar. 2 ,2 1 7 ,7 9 0 2 ,1 6 9 ,4 3 3
511,80.8
J a n . 1 to M ar. 3 L ----- 6 .5 6 7 ,9 9 1 6 ,1 6 3 ,5 2 3 1 ,5 5 1 ,2 6 7 1 ,5 7 5 ,0 7 2
2 1 ,5 9 7 d e f .8 ,6 6 9 d ef. 4 ,7 6 2
2 1 ,8 4 5
M o b ile & B ir m ’ g h ’ m .F eb .
4 4 ,4 1 7
5 2 ,8 0 5
Jan . 1 to F eb. 2 3 ....
N ash. C h .< fe 3 t.L .!ib .. M ay
4 1 1 ,3 7 6
1 3 9 ,4 2 0
4 1 8 .1 1 6
1 4 9 ,5 9 7
7 4 9 ,3 9 5
J au . 1 to M a y 3 1___ 2 ,0 7 5 ,1 0 0 2 ,0 8 1 ,1 6 3
7 9 0 ,1 5 5
J u ly 1 t o M a y 3 1 . . . . 4 ,7 4 9 ,5 2 4 4 ,9 5 2 ,3 0 2 1 ,8 4 9 ,6 8 3 1 ,8 7 6 ,7 7 6
d e f. 57 L
1 0,7 21
N ew O r l.& S o u th ..a fl A pr.
9 ,2 2 8
319
4 5 ,1 0 3
734
J au . 1 to A p r. 3 0 ___
4 3 ,3 0 3
2 ,4 6 6
J u ly 1 to A p r. 3 0 ___
1 2 3 ,1 0 9
8 ,2 0 6
1 3 2 ,9 1 5
8 ,3 3 5
8 0 9 ,1 0 2
7 5 1 ,2 1 6
N .Y .L .E .& W estern , c A p r. 2 ,3 7 8 ,0 6 5 2 ,4 9 5 .2 3 5
J a n . 1 t o A pr. 3 0 . . . . 9 .3 1 8 ,0 >9 9 ,4 3 2 ,9 0 3 2 ,8 7 0 ,2 7 2 2 ,7 9 1 ,9 9 6
O ct. 1 t o A p r. 3 0 ....1 7 ,1 9 3 ,9 3 2 1 7 ,6 3 2 ,6 iO 5 ,6 0 4 ,1 8 5 5 ,5 0 4 ,4 1 5
5 9 ,2 3 6
7 1 .1 3 7
N .Y . O nt. & W e s t .a .. A p r.
2 8 5 ,8 2 1
2 8 1 .4 8 1
1 6 6 ,2 6 0
1 7 9 ,6 8 3
J a n . 1 to A p r. 3 0 ___ 1 ,1 0 9 ,3 0 1
9 5 2 ,5 LO
6 2 4 ,1 9 2
7 0 1 ,4 0 1
J u ly 1 to A p r. 3 0 ___ 2 ,9 9 1 ,4 9 1 2 ,6 2 6 ,3 6 0
5 6 .2 7 4
5 9 .9 2 2
1 3 4 ,9 3 9
N. Y . S u s .& W e s t.b * -A p r .
143 ,72 8
1 9 6 ,0 8 1
1 9 1 ,6 9 8
J a n . 1 to A p r. 3 0 ___
4 9 7 ,8 1 9
4 8 3 .4 8 1
2 0 .4 0 3
4 3 ,6 6 4
2 0 ,8 7 8
N o rfo lk & S outh’ n ___ A p r.
4 3 ,4 4 1
5 1 ,9 6 3
1 4 0 ,6 9 4
4 4 ,8 6 9
J a n . 1 to A p r. 3 0 ___
1 3 9 ,6 5 1
2 2 7 ,3 0 3
N o rfo lk & W e s t e r n .a A p r .
9 2 7 ,6 9 2
7 8 3 ,3 2 0
2 8 7 ,9 6 8
8 1 5 ,6 0 2
8 1 6 ,0 2 2
J a n . 1 t o A p r. 3 0 ___ 3 ,3 1 8 ,3 0 9 3 ,0 3 3 ,5 2 3
1 5 1 ,4 5 9
1 7 2 ,3 8 0
5 4 2 ,2 9 2
N o rth e rn C e n tra l,
A p r.
5 6 7 ,1 4 0
6 1 3 ,6 2 5
5 9 7 ,9 9 0
J an . 1 to A p r. 3 0 ----- 2 ,2 3 1 ,1 5 0 2 ,2 1 2 ,3 1 8
7 8 6 ,0 5 7
N o rth e rn P a c if ic ..b .M a r . 1 ,6 9 8 ,5 1 1 1 ,8 7 8 ,6 7 8
5 6 3 ,5 2 3
J a n .] l to M ar. 3 1 ___ 4 ,2 0 4 ,6 5 6 4 ,8 6 4 ,0 3 0 1 ,0 7 4 ,1 6 5 1 ,6 5 1 ,1 3 5
J u ly 1 to M ar. 3 1 ....1 8 ,4 9 7 ,2 2 0 1 9 ; i l 5 ,5 6 3 7 ,5 2 3 ,2 6 3 8 ,0 0 6 ,2S0
1 8 3 ,3 5 6
1 5 5 ,0 2 4
W is. C e n t im e s ..b .M a r .
4 6 0 ,3 4 8
4 9 0 ,4 8 6
3 7 0 ,8 1 2
J an . 1 to M ar. 3 1 . . . . 1,158.49.9 1 ,2 5 2 ,6 1 3
2 6 3 ,6 4 6
J u ly 1 to M ar. 3 1 . . . . 4 ,3 1 3 ,8 8 5 4 ,1 5 4 ,2 1 3 1 ,5 4 9 ,1 4 1 1 ,5 4 3 ,0 0 0
9 7 2 ,4 1 3
7 1 « ,5 5 1
T o t b o th C o.’ s .- b .M a r . 2 ,1 5 3 ,8 5 S 2 ,3 6 9 ,1 6 4
J a n . 1 to M ar. 3 1 . . . . 5 ,3 6 3 .1 5 5 6 ,1 L 6 ,6 7 4 1,3 42.810 2 ,0 2 1 ,9 48
J u ly 1 to M ar. 3 1 ___ 2 2 ,8 1 1 ,0 8 5 2 3 ,2 6 9 ,7 8 0 9 ,0 7 2 ,4 0 3 9 ,5 4 9 ,2 3 1
3 9 .1 3 7
8 0 ,5 3 7
O h io & M ississip p i, a A pr.
3 2 5 ,9 0 0
2 9 7 ,3 7 3
2 4 5 ,6 5 1
3 7 3 ,8 0 7
J a u . 1 to A p r. 3 0 . .. 1 ,4 0 7 ,9 7 7 1 .3 2 8 ,4 5 9
9 2 4 ,0 0 0
1 ,0 7 5 ,74L
J u ly 1 to A p r. 3 0 . . . 3 ,6 3 9 ,5 9 9 3 ,6 1 6 ,2 7 0
16,S 9 7
1 9 ,5 2 2
O h io R iv e r .............b fiA p r .
6 5 ,1 5 3
5 0 ,0 6 1
7 3 ,9 2 1
6 6 ,9 6 0
J au . 1 t o A p r. 3 0 . . .
2 4 0 ,7 5 9
1 9 0 ,9 4 3
4 9 ,9 3 1
6 6 ,1 3 7
3 3 0 ,7 0 5
O regon Im p. C o .a .,..A p r .
3 0 5 ,3 3 6
1 9 7 ,6 4 0
1 6 4 ,5 5 9
J a u . 1 t o A p r. 3 0 ___ 1 ,1 3 9 ,7 5 6 1 ,1 6 1 .4 0 3
2 3 7 ,9 2 2
2 0 9 ,2 4 1
D e c . 1 t o A p r. 3 0 ___ 1 ,1 4 1 ,4 0 2 1 ,4 6 2 ,2 4 6
P e n n , (ea st P. & E .).. A pr. 5 ,8 9 5 ,4 9 2 5 ,7 4 6 ,7 3 0 1 ,6 9 6 ,1 1 1 1 ,7 3 8 ,1 2 2
J a n . 1 t o A p r. 3 0 . . . .2 2 ,0 1 1 ,6 6 3 2 1 ,4 2 3 ,3 7 2 5 ,2 0 4 ,3 7 3 6 ,0 2 8 ,8 8 0
I n o . 2 8 9 ,6 5 2
L in e s w e st P. & E .. A pr.
I u o . 1 8 1 .48 9
D e c . 7 6 3 ,1 7 4
D eo. 2 4 8 ,3 3 1
J an . 1 to A p r. 3 0 ___
2 8 ,3 2 7
1 6 ,1 1 7
P e t e r s b u r g ............a fi A p r.
5 3 ,8 4 5
5 3 ,1 6 6
9 8 ,0 8 4
7 3 ,7 4 9
1 9 2 ,4 7 2
J an . 1 to A p r. 3 0 ___
1 9 3 ,7 8 7
2 1 4 ,2 9 7
4 3 1 ,1 6 2
1 8 4 ,7 5 1
J u ly 1 t o A p r. 3 0 ___
4 4 2 ,5 6 3
1 3 9 ,1 4 2
1 8 0 ,0 3 3
4 0 9 ,7 9 5
P h ila d e lp h ia & E r ie . A p r .
4 3 9 ,4 9 7
4 1 5 ,0 8 7
4 0 3 ,5 6 2
J a n . 1 t o A p r. 3 0 ___ 1 ,4 8 3 ,6 6 4 1 ,4 6 7 ,6 9 0
6 3 3 ,7 6 7
6 9 2 ,5 5 0
P liila. & R e a d i n g ...A p r . 1 ,8 3 9 ,9 7 5 1 ,7 0 1 ,4 4 1
Jan . 1 t o A p r. 3 0 ___ 7 ,0 3 6 ,1 2 8 7 ,0 3 8 ,0 2 3 2 ,2 6 2 .7 7 2 2 ,9 2 9 ,0 8 5
D e c . 1 to A p r. 3 0 ___ 9 ,0 0 4 ,4 9 5 8 ,9 1 9 ,5 4 5 3 ,1 7 9 ,7 0 7 3 ,8 3 6 ,7 7 0
3 6 ,6 6 2 d e f.2 3 ,5 0 5
1 ,6 3 0 ,3 0 4
C o a l & I r o n C o ........A p r. 2 ,3 1 0 ,7 4 9
J an . 1 to A p r. 3 0 .-1 4 ,2 5 1 ,2 3 4 6 ,6 9 1 ,3 3 9 d f. 1 6 6 ,7 7 7 d e f .4 9 ,3 0 9
2 3 ,0 1 5
D e c . 1 to A p r. 3 0 . . 1 7 ,5 6 8 ,9 7 0 8 ,4 7 5 ,7 6 1 d e f.6 7 ,4 7 3
6 6 5 ,2 6 2
7 2 9 ,2 1 2
T o ta l b o th C o’ s . . . . Apr. 4 ,1 5 0 ,7 2 3 3 ,3 3 1 ,7 4 5
J a n . 1 t o A p r. 3 0 ..2 1 ,2 8 7 ,3 6 1 1 --------------3,7 2 9 ,3 6 1 2 ,0 9 5 ,9 9 6 2 ,8 7 9 ,7 7 7
D e c . 1 to A p r. 3 0 .-2 6 ,5 7 3 ,4 6 4 1 7 ,3 9 5 ,3 0 6 3 ,1 1 2 ,2 3 4 3 ,8 5 9 ,7 8 5
1 4 7 ,8 2 3
5 9 4 ,1 3 1
L e h ig h Y a lle y ........M ar. 1 .5 5 1 ,6 2 9 1 ,3 0 6 ,1 3 3
5 4 2 ,7 4 0
J an . 1 to Mar. 3 1 . . 4 ,1 8 9 ,2 1 4 4 ,0 2 7 ,8 1 2 1 ,0 8 3 ,3 0 7
9 1 3 ,6 7 2
D e c . 1 t o M ar. 3 1 . . 5 ,9 4 9 ,7 9 9 5 ,6 3 8 ,0 4 7 1 ,6 7 2 ,7 8 0
I n o . 1 7 7 ,9 7 9
In c.
8 3 ,0 2 4
P itts . C. C. & St. L .flM a y
D e e . 1 1 9 ,7 5 2
D ec.
1 6 ,6 3 5
J a n . 1 t o M a y 3 1 ___
700
794
3 ,4 9 2
P it t s .M a r .& C h ic .b . A p r.
3 ,3 7 5
3 ,1 7 3
1 ,5 6 1
1 3 ,5 1 2
1 3 ,8 8 1
J a n . 1 to A p r. 3 0 ___
5 3 ,6 o 0
4 5 ,4 0 6
1 1 3 ,1 6 4
1 2 2 ,3 6 5
P itts. Y o u n g s. & A ., fi A p r.
1 4 8 ,1 5 9
1 1 3 ,1 4 7
J an . 1 to A p r. 3 0 . . . .
3 6 4 ,2 4 2
3 9 4 ,2 6 5
1 ,4 5 4
4 ,6 2 4
1 8 ,1 9 2
Q uin. O m . & K . C .b .M a y .
2 0 ,5 4 7
3 3 ,1 7 6
J au . 1 t o M a y 3 1 . . . .
1 1 1 ,6 0 4
3 7 ,3 3 5
1 0 3 ,3 5 3

b..

—

. . ___ •

.

.___ ____ ■
_

THE CHRONICLE

J une 17, 1893.]

1013
- d r o s s E a r n i n g s .—

R oa d s.

R ich . & P o t c r s b ’g.a1f A p r
J a n . 1 to A p r. 3 0 ___
J u ly 1 to A pr. 3 0 ___

$
3 2 ,3 7 7
1 1 9 ,5 2 8
2 9 4,004

$
3 2 ,0 4 7
1 1 6 ,1 2 4
2 7 5 ,6 1 6

$
0 ,4 4 2
33,24 1
9 0 ,9 9 2

$
10,7 30
3 1 ,0 4 3
7 5 ,6 2 3

R ic h . F red . & P o t ..I f A p r.
J a n . 1 to A pr. 3 0 ___

6 8 ,4 3 6
2 6 7 ,2 2 3

6 2 .6 1 1
2 5 0 ,2 6 2

2 3 .3 9 4
1 1 2 ,1 6 5

2 0 ,5 4 2
1 0 6 ,7 0 9

R io G ran d e S ou th ... I>A pr.
J a n . 1 to A p r. 3 0 ___
J u ly 1 to A p r. 3 0 ___

4 7 ,5 1 6
2 0 3 ,0 3 1
6 1 4 ,9 0 7

4 5 ,1 6 9
1 7 0 ,2 3 8
37-4,811

2 1 ,5 0 1
9 5 .5 3 4
3 0 1 ,6 2 1

2 3 .0 3 0
8 7 .0 3 1
2 0 7 ,0 9 2

R io G ran d e W est, b .. A pr.
2 0 0 ,0 3 i
J a n . 1 to A p r. 3 0 ___
6 7 7 .5 7 2
J u ly 1 t o A p r. 3 0 ___ 2 ,0 6 3 ,0 2 2

2 1 2 ,9 5 2
7 4 9 ,1 9 7
2 ,1 9 5 ,2 3 2

7 6 ,0 5 5
2 0 8 .1 5 5
7 3 2 ,5 1 0

7 4 ,1 5 5
2 2 7 ,2 3 1
8 1 7 ,0 9 6

1 0 ,3 9 7
3 7 ,6 7 3

9 ,2 4 8
3 1 ,2 5 1

4 ,8 3 3
1 4 ,4 3 9

4 ,6 5 7
11,4 22

S a g .T u s .* H u r o n . Ha A p r
J a n . 1 t o A p r. 3 0 ___

7 ,6 1 7
S ag. V a lle y & St. L .- A p r
8 .1 6 2
2 .6 0 5
2 .2 0 5
2 9 ,5 5 5
2 9 ,0 5 0
J a n . 1 t o A p r. 3 0 ___
8,-131
5 ,5 4 1
S t. L . A . & T. H . b . . .M ar.
1 3 3 ,6 3 6
1 2 3 ,0 7 1
5 8 ,0 7 1
4 1 ,0 3 6
3 5 9 ,1 5 1
J an . 1 t o M ar. 3 1 ___
4 0 4 ,3 6 3
1 6 2 ,6 4 6
1 4 9 ,0 5 0
St. P a u l & D a l . . . . b l f A pr.
1 3 6 ,0 5 2
1 3 7 ,4 1 8
2 8 ,2 6 2
31,7 43
J an . 1 to A p r. 3 0 ___
5 1 1 ,9 7 4
5 3 3 ,9 0 8
1 9 3 ,7 1 4
1 2 5 ,5 8 8
J u ly 1 t o A p r. 3 0 ___ 1 ,7 8 9 .7 9 9 1 ,6 2 0 ,5 3 4
6 5 3 ,0 3 1
6 3 9 ,9 2 8
379
S an d ers.& T eu n illeir. Apr.
314
d e f.0 1 8
d o f.3 1 6
J a n . 1 to A p r. 3 0 ___
2 ,2 2 3
1 ,3 6 6
d e f.2 29
d e f.2 6 9
7 6 .3 0 1
7 6 ,3 8 0
2 7 ,2 3 3
20,6 14
San F ran.& N .P acIT .aM ay
J an . 1 to M ay 3 1 ___
3 0 7 ,2 5 9
2 9 9 ,1 5 2
6 7 ,5 7 4
5 6,8 15
J u ly 1 to M a y 3 1 ___
7 9 9 ,0 5 5
8 0 3 ,2 3 6
2 6 5 ,9 0 2
2 7 9 ,9 2 5
3 8 ,8 3 8
3 8 ,3 1 7
S av . A in er. < M ont.H Apr.
&
12,821
815
1 7 5 ,8 9 0
J a n . 1 t o A p r. 3 0 . . . .
1 4 7 ,7 2 9
2 3 4 ,3 9 9
2 8 3 ,9 4 4
1 1 9 ,4 1 2
S av . F la & W e st...... Mar.
9 6,2 02
J au . 1 to M ar. 3 1 . . . .
8 4 2 ,9 7 7
8 9 6 ,9 4 7
3 6 9 ,9 1 3
3 5 2 ,69 1
24 d e f.5 ,4 9 9
S ilv e r t o n ...................ITApr.
488
d e f. 1,977
J an . 1 to A p r. 3 0 ___
8,401
7 ,0 2 3 d e f.5 ,6 3 0
d e f.4 ,7 3 8
26.7 S 7
S io u x C ity & N or...IT A pr.
2 5 ,0 3 1
8 ,5 3 8
3,491
1 2 7 ,1 2 3
1 2 2 ,1 8 9
J an . 1 t o A p r. 3 0 ___
1 7 ,1 5 0
14,3 47
S ou th B o u n d ......... aH Anr.
2,100
393
5 4 ,3 0 2
J an . 1 to A p r. 3 0 ___
8 0,9 67
1 7 ,5 7 7
517
85,6 91
8 6 ,0 2 9 d e f.2 ,1 8 4 d e f.1 0 ,1 8 9
S o u th C a r o lin a ....... If A pr.
J a n . 1 to A p r. 3 0 ___
5 0 6 ,8 6 5
4 7 7 ,4 2 7
1 5 2 ,3 0 4
1 05 ,88 5
7 4 4 ,2 8 2
N ov . 1 to A p r. 3 0 ___
7 4 1 ,8 7 1
2 1 8 ,5 2 6
1 9 6 ,57 6
S o u t h e r n P a cific C o.—
3 7 0 ,8 2 4
3 7 1 ,7 4 1
G al. H .& S. A n t ... b A p r ,
8 7 ,9 0 4
6 2 ,4 3 7
J an . 1 to A p r. 3 0 .. 1 ,4 9 9 ,2 0 3 1 ,4 0 3 ,5 2 0
3 9 0 .9 8 3
2 5 6 ,7 2 7
8 4 ,2 3 2
L o u is ia n a W e s t ... b A p r .
6 8 ,9 9 6
3 5 ,9 1 3
26,2 45
J a n . 1 t o A p r. 3 0 . .
3 9 2 ,1 3 0
3 4 1 ,9 7 5
1 8 3 ,2 9 9
1 5 9 .5 3 L
4 0 3 .7 6 9
3 6 7 .4 6 )
M ’ ga n ’ s La. & T ...b A p r ,
6 2 ,5 3 9
2 9 .9 2 7
J a n . 1 to A p r. 3 0 . . 1 ,7 6 6 ,6 9 0 1 ,6 4 7 .7 0 2
3 4 2 ,6 4 1
2 9 0 ,7 7 9
2 3,6 93
N .Y .T e x . & M . .. b ..A p r .
19,0 94
9 ,1 5 4
5 ,3 1 9
J an . 1 to A p r. 3 0 . .
7 1 ,4 4 5
6 5 ,2 0 6
1 6,5 28
11,0 25
1 4 9 ,2 6 2
1 2 1 ,5 3 4
7 4 ,2 0 0
T e x a s < N. 0 . b . . . . A p r .
fc
4 2 ,8 3 1
5 3 4 ,3 1 2
J a n . 1 to A p r. 3 0 . .
6 3 0 ,3 9 0
2 9 4 ,7 8 9
2 10 ,55 1
5 5 3 ,6 7 2
2 7 1 ,1 9 2
161,101
A tla n tic system .b A p r , 1 ,0 4 4 ,7 2 4
9 3 3 ,9 3 5
J a n . 1 to A p r. 3 0 .. 4 ,4 1 4 ,6 6 5 4 ,0 4 0 ,7 7 9 1 ,2 4 5 ,2 1 5
9 6 4 ,0 6 9 1 ,1 1 1 ,6 0 0
P a cific s y s t e m .b ...A p r . 2 .8 5 5 ,4 8 0 2 ,7 9 8 ,9 4 7
J a n . 1 to A p r. 3 0 .. 10,5 75 ,1 7 9 1 0 ,3 0 7 ,7 8 4 3 ,4 5 0 ,4 1 7 3 ,5 8 6 ,8 5 9
T o ta l o f a l l . b ___ A p r. 3 ,9 0 0 .2 0 4 3 ,7 5 2 ,6 2 0 1 ,2 3 5 ,2 6 1 1,2 7 5,70 1
J a n . 1 to A p r. 3 0 .. 1 4 ,9 8 9 ,8 1 4 1 4,3 1 8 ,0 6 3 4 ,0 9 5 ,6 3 3 4 ,5 2 0 ,6 9 1
S o u t h e r n P a cific R R .—
C oast an d S ou th ’ n Cali
3 3 1 ,6 9 6
9 0 9 ,1 5 3
8 0 1 ,3 9 0
3 2 8 ,618
fo r n ia D i v s ... ITA p r.
J a n . 1 to A p r. 30. 3 ,3 3 5 ,4 1 1 2 ,9 7 0 ,1 6 0 1 ,2 5 9 ,9 3 1 1,1 1 7,45 7
6 1 ,4 1 4
1 6 3 ,1 6 1
6 0 ,0 7 3
1 8 3 ,3 2 8
A riz o n a D iv is ’ n...H A pr.
6 2 1 ,3 1 7
2 5 2 ,8 1 8
1 4 3 ,4 2 0
J a n . 1 to A p r. 3 0 ..
7 2 6 ,4 9 8
8 0 ,9 5 2
3 1 ,8 8 7
4 0 ,7 2 4
8 7 .9 1 5
N ew M ex . D iv ___ ITA p r.
3 3 2 ,0 7 0
1 5 4 ,3 3 3
1 5 0 ,8 9 2
3 4 9 ,5 2 7
J au . 1 to A p r. 3 0 ..
7 1 ,2 6 0
7 1 ,5 0 2
1 4 .0 5 6
1 7 ,0 5 7
S ta t e n I .R a p id T r . b!T A p r.
2 1 5 ,7 6 9
2 7 ,0 0 3
3 5 ,0 5 6
J an . 1 to A p r. 3 0 ___
2 1 8 ,2 6 9
8 3 3 ,2 6 4
2 6 6 ,6 6 0
8 4 6 ,1 7 4
2 5 8 ,6 1 7
J u ly 1 to A p r. 3 0 ___
1 ,8 9 1
1 ,8 5 7
d ef. 2 ,1 6 0 d e f.3 ,0 4 0
S t o n y Cl. & C. M . . b lf Apr.
d e f. 4 ,0 4 4
6 ,2 7 4
d ef.3 ,8 4 7
5 ,7 9 9
J a n . 1 to A p r. 3 0 ___
2 3 ,8 7 2
4 7 ,1 2 2
2 2 ,5 5 6
5 1 ,1 8 0
J u ly 1 to A p r. 3 0 ___
6 ,3 4 3
1 0 9 ,4 9 6
d o f.8 9 3
1 0 8 ,3 5 0
S u m m it B ra n ch .........A pr.
69,2 42
3 9 ,2 7 6
4 3 0 ,7 2 1
4 2 3 ,3 5 8
Jan . 1 to A p r. 3 0 ___
3 ,9 0 0 d e f.1 0 ,6 9 5
9 3 ,7 6 4
85,6 11
L y k e n s V a lle y ....... A pr.
4 1 ,7 6 6
13,6 05
3 5 3 ,0 8 3
3 1 3 ,3 7 8
J a n . 1 to A p r. 3 0 —
1 9 5 ,1 0 7
1 0 ,2 4 3 d e f .l l ,5 9 2
2 0 2 ,1 1 3
T o ta l b o th C o’ s ... . A p r.
111.000
5 2 ,3 8 3
7 8 3 ,3 0 7
7 4 1 ,7 3 d
J a n . 1 t o A p r. 3 0 ___
5 8 ,0 0 0
T e n n . C oal, I. & R R . . A pr.
2 7 5 ,9 0 0
J an . 1 t o A p r. 3 0 . . . .
1 ,6 9 7
657
3 .4 2 8
T e x . S ab.V . A N. W .JjApr.
4 ,5 7 6
6,159
1 5 ,0 9 6
3 ,7 0 8
1 8 ,1 8 1
J a u . 1 to A p r. 3 0 . . .
1 5 3 ,8 6 2
5 1 ,1 0 4
1 6 1 ,9 5 4
6 0 ,4 7 8
T o le d o & 0 . C e n t.t.b .A p r.
2 1 8 ,5 2 2
559 ,06 1
1 8 6 ,2 1 0
6 7 8 ,6 3 0
J a n . 1 to A p r. 3 0 ___
6 4 7 ,7 5 2
5 1 8 ,0 0 3
J u ly 1 to A p r. 3 0 ___ 1 ,8 0 7 ,6 1 1 1 ,5 7 5 ,9 8 9
1 1 ,6 0 7
11,333
7 4 ,6 0 7
7 2 ,0 1 0
T o L P e o ria & W e s t.b fl M ay
3 9 9 ,6 4 9
8 1 ,2 3 4
1 0 2 ,86 3
3 8 0 .4 0 6
J an . 1 to M ay 3 0 . . , .
9 4 5 ,7 4 5
2 6 9 ,1 7 0
9 0 4 ,9 7 1
22-1,893
J u ly 1 to M a y 3 0 ----2 ,3 4 3
355
251
2 ,1 4 5
T o l. A S outh H a ven ..M a r.
5 ,6 6 0
890
4 ,5 8 3
J an . 1 t o M ar. 8 1 . . . .
7 ,7 7 2
1 2 .8 2 4
3 1 ,7 2 9
3 3 ,2 8 8
U ls te r & D e la w ’e...1T. Apr.
2 0 ,9 2 5
1 0 1 ,1 5 7
2 7 ,8 3 8
1 0 3 ,5 0 6
J an . 1 to A p r. 3 0 ___
1 LI,6 1 4
1 2 2 ,8 0 4
3 2 9 ,7 7 0
3 5 6 ,5 2 9
J u ly 1 t o A p r. 3 0 ----■Union P a cific—
5 5 3 ,2 3 7
2 5 0 ,5 5 5
182 ,38 1
6 1 5 ,1 2 9
O reg.S .L . tfeU.N. b*[ A pr.
6 5 5 ,6 9 5
6 7 3 ,97 1
J a u . 1 to A p r. 3 0 . . 1 ,9 4 1 ,1 6 7 2 ,0 4 1 ,1 3 3
3 9 ,7 7 6
3 2 1 ,5 1 2
50,2 71
O re. R y .& N .C o .b U Apr.
3 04 ,51 8
1 1 6 ,1 8 3
1 8 3 ,8 3 5
1 ,2 )7 ,9 0 5
J a n . 1 to A p r. 3 ) . . 1 ,1 7 3 ,9 8 2
5 3 ,3 6 7
4 1 7 ,4 4 3
4 0 .3 8 1
4 2 2 ,2 9 2
U n .P .D .& G u lf.. b*i A p r.
3 5 3 ,7 0 5
2 6 1 ,9 5 6
Jan . 1 to A p r. 3 0 . . 1 ,8 0 9 .1 0 2 1 ,6 8 8 ,2 2 6
1 2,8 49
2 3 ,0 1 0
7 8 ,7 2 7
8 4 ,3 5 5
S t.J o s. & G d .I s l...n A p r .
1 1 7 ,62 2
3 6 3 ,0 8 0
1 4 3 ,0 3 6
4 1 4 ,74L
J a n . 1 to A p r 3 0 . .
47-1,762
5 7 7 ,5 1 0
1 ,7 0 9 ,9 6 6
A ll o t h e r lin e s ..b ff A pr. 1 ,6 0 1 ,0 9 4
J an . 1 to A p r. 3 0 . . 6 ,5 5 0 ,5 0 4 6 ,7 6 0 ,0 2 4 2 ,0 1 2 ,7 3 6 2 ,3 8 1 ,4 6 6
8 9 1 ,0 7 4
8 2 8 ,81 8
T o t. U n .P a c.sy s.b H A p r. 3 ,0 3 0 ,8 8 8 3 ,0 8 3 ,8S5
Jan . 1 to A p r. 3 0 ..1 1 ,8 9 9 ,4 9 7 1 2 ,0 6 0 ,3 6 9 3 ,3 5 8 ,5 9 4 3 ,5 7 6 ,6 6 2
2 6,1 15
8 5,7 46 d e f .2 3 ,6 4 4
7 7 ,8 7 9
C e n .B r .& L e .L .-b H A p r.
1 6 3 ,4 0 2
4 0 3 ,6 1 9
1 0 0 ,6 0 0
3 8 2 ,6 8 7
J an . 1 to A p r. 3 0 . .
1 4 ,5 0 0
2 7 ,5 7 3
8 7 ,1 6 0
8 6 ,6 2 0
M o n ta n a U nion. b*T A pr.
6 8 ,7 0 5
3 8 ,0 9 1
2 2 1 ,2 4 4
3 59 ,71 1
Jan . 1 to A p r. 3 0 . .
7 ,2 1 0
3 ,3 5 2
2,102
d e f.2 ,3 6 l
L e a v .T o p . &S. W. b*T A p r.
d ef.9 ,8 1 3 d e f.2 ,2 6 1
1 3 ,6 6 6
J an . 1 to A pr. 3 0 . .
8,948
ISO
3 ,3 9 1 d e f. 1 ,997
M an. A lm a& B . b ' A p r.
2,83-1
.J a n , 1 to Apr, 3 0 . . . 13,183
1 2 ,5 3 7 d e f.3 ,1 0 5 d e f.1 ,2 4 1

-N e t E a m ln g n .-

R oad*.
1 893.
1 892
1893.
1 892.
U nion P a cific.— ( C o n . ) —
$
$
*
G ran d total.fbT T A pr. 3 ,1 5 4 ,9 1 5 3 ,2 1 8 .2 4 2
8 1 6 ,78 1
9 1 6 ,2 0 5
Jan . 1 to A pr. 3 0 .. 1 2,3 9 3 ,8 7 2 1 2,0 56 ,9 1 0 3 ,4 7 1 .7 3 1 3.777,*;
V e rm o n t V a lle y ........Mar.
1 4,8 50
16.6 98
7 .5 3 8
5 ,8 0 1
J an . 1 to M ar. 3 1 ___
4 1 ,2 9 8
4 0 ,7 0 9
1 1.8 53
1 3 ,7 6 7
J u ly 1 to M ar. 3 1 ___
1 5 3 ,9 5 9
116 ,77 3
6 1 ,4 5 1
0 0 ,5 9 7
W abash. *>....................<lpr.
9 9 3 ,1 9 6 1 ,0 5 2 ,9 5 2
I 17,187
1 9 2 ,0 2 3
J an . 1 to A p r. 3 0 ___ 4 ,2 1 2 .0 5 9 4 ,4 0 3 ,6 6 0
8 4 2 .5 S3
9 0 9 ,3 4 6
J u ly 1 to Aj*r. 3 0 ___ 1 1 ,8 9 8 ,1 1 1 1 2 ,3 1 0 ,9 3 6 2 ,3 7 1 ,3 J9 3 ,1 1 0 .9 70
1
W est J e rs e y & Brs.H A pr.
125 ,97 8
1 2 2 ,9 2 3
3 2.733
3 5 .1 9 0
Jan . 1 to A p r. 3 0 ___
4 5 1 ,4 6 3
4 2 5 ,4 7 1
5 9 ,9 3 L
6 6 .5 9 3
W estern M a ry la n d ...A p r.
9 5 ,0 7 5
82.2 75
31.8 91
2 3 ,8 5 3
J an . 1 to A pr. 3 0 ___
3 5 2 ,6 5 6
9 3 .2 2 7
2 87 ,76 1
8 3 ,1 3 5
O ct. 1 to Apr. 3 0 ___
6 3 9 .0 6 8
5 0 6 .0 3 0
13 4.216
1 2 7 ,1 3 4
V e st.N .Y . P e n n ..b A p r .
3 0 5 ,1 0 5
2 7 2 ,9 5 0
9 1 .1 9 3
100 ,79 5
J an . 1 to A p r. 3 0 ___ 1 ,1 5 9 ,5 6 4 1 ,0 5 5 ,5 3 7
3 27.559
3 2 7 ,9 5 1
J u ly 1 to A p r. 3 0 ___ 3 ,0 7 7 ,7 0 3 3 ,0 2 3 , l i i 1 ,0 0 3 ,0 4 3
9 8 2 .2 2 1
W .V a.Cen. & P itts. IT.-May
1 05 .49 1
8 9 .4 9 6
3 7 ,0 9 5
2 7 ,5 1 3
J an . 1 to M ay 3 1 ___
4 5 5 ,6 0 8
4 3 3 ,6 5 2
1 5 0 .15 3
1 46 ,01 9
J u ly 1 to M ay 3 1 ___ 1 ,0 0 0 .9 5 5 1 .0 0 J.80 J
3 3 d ,2 7 0
3 1 3 ,7 4 3
W heel. & L . E ....... M M ar<
1 2 3 ,7 3 5
1 05 ,25 9
3 7 .8 6 8
J a n . 1 to Mar. 31 —
3 4 2 ,3 1 3
3 0 0 ,8 2 3
9 3 .6 4 3
W hitebreast F u el C o. A pr.
7 ,3 4 7
6 ,0 3 3
J a n . 1 to A p r. 3 0 ___
6 4 .0 6 6
3 5 ,2 7 9
___ J u ly 1 t o A p r. 3 0 ----1 0 9 ,9 5 3
8 3 ,0 7 3
a N e t e a rh in g s h ere g iv e n a re a fte r d e d u ctin g ta x e s,
b N et ea rn in g s h e re g iv e n a re b e fo r e d e d u c tin g ta x e s,
c A fte r d e d u ctin g ta x es o n p ro p e rty .
II A p a ra g ra p h m ark a d d e d a fte r the n a m e o f a roa d In d ica tes th a t
the figures f o r th a t ro a d have n o t p r e v io u s ly b een g iv e n , b u t a p p e a r
fo r the llrst tim e in th is issue.
K A fte r d e d u ctin g o th e r e x p e n d itu re s fo r rep a irs, re p la ce m e n ts an d
gen era l e xp e n se s , n e t in co m e a p p lica b le to in te re st on b on d s in A pril
w a s $ 7 7 ,8 7 7 , a g a in st $ 7 3 ,59 1 la st y e a r, a n d fo r fo u r m ou th s $ 2 6 9 ,4 3 3 ,
a ga in st $ 27 6 ,8 1 1 . M e x ica n d o lla rs a re e q u iv a le n t t o 8 0 ce n ts U uited
States m o n e y , an d all d e p re cia tio n b e y o n d 2 0 p e r c e n t Is c h a r g e d in
the a b o v e item s.
| I n clu d in g in co m e from f e m e s , &c.
|
i T ol. C ol & Cin. in clu d e d fo r all p eriod s, b o th yea rs,
t In clu des o n ly o u e -h a lf o f lin es in w h ich U nion P a cific h a s a p a rt
in terest.
$ Iu ciu d e s C o lo ra d o M idland fo r aU p e rio d s, b o th vears.

Interest C h a r g e s and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, &c., with the surplus or deficit
above or below those charges.
I n te r ’ t, r e n t a l s ,

1892-3.
R oa d s.
$
A tcb . T. & S. F e S y s . A p r.
9 1 9 .0 0 0
J u lv 1 to A p r. 3 0 . . . . 9 ,1 9 0 ,0 0 0
St. L . & S. F. S y s ...A p r .
2 7 5 ,0 0 0
J u ly 1 to A p r. 3 0 .. 2 ,7 5 0 ,0 0 0
A g g re g a te total ...A p r . 1 ,1 9 4 ,0 0 0
J u ly 1 t o Apr. 3 t * ..ll,9 4 0 ,0 0 0
Cam. & A tl. & B r s ..A p r .
‘
" IS
3 4 ,2 2 2
Jan . 1 to A p r. 3 0 ----8 3 0 ,0 0 0
C hie.B url. & Q u iu cy .A p r .
Jan . 1 to A p r. 3 0 ----- 3 ,3 2 0 .0 0 0
32,6 93
C hic. & W est M ic b .. .A p r.
1 3 0 ,5 1L
Jan . 1 to A p r. 3 0 ----2 1 6 ,4 6 5
C lev .C in .C h ic.A S t.L . Apr.
J u ly 1 to A p r. 3 0 ----- 2 ,2 0 2 ,0 3 4
36,8 01
P e o n a & E a s te rn . A pr.
3 6 3 ,0 1 5
J u ly l to A p r. 3 0 ..
6 ,6 9 2
C urren t R iv e r ........... Apr.
6 6 ,9 1 8
J u ly 1 t o A p r. 3 0 ----2 24 ,01 1
D e n v e r & R io G r -----A pr.
J u ly 1 to A p r. 3 0 ----- 2 ,1 8 3 .7 0 2
2 6 ,2 4 2
Det. Lans. & N o r— A p r.
1 0 5 .1 2 3
Jan . 1 to A p r. 3 0 ----4.8,537
F lin t & P e r e i> la rq ..A p r.
2 0 1 ,7 3 2
J an . 1 to A p r. 3 0 ----13,639
K an. C. Clin. & S pr. Apr.
1 3 6 ,3 8 4
J uly 1 to A p r. 3 0 ___
8 9 ,4 9 4
K an. C. F t. S. & M ..A p r .
9 1 2 ,7 5 3
J u ly 1 to A p r. 3 0 . . . .
3 9 ,1 0 7
K a n . C. M em . & B ir . Apr.
3 3 2 ,46 1
J u ly 1 to A pr. 3 0 ----1 23 ,72 6
Nash. Chatt. & St. L .M a y
J u ly 1 t o M ay 3 1 . . . . 1 ,3 3 1 ,6 9 7
3 ,5 5 6
Sag, V a lle y & St. L ..A p r .
1 4 ,2 2 6
Jan. I t o A pr. 3 0 ----17,4 51
San Frau. & No. P a o.A p r.
1 7 4 ,5 3 3
J u ly 1 to A p r. 3 0 . . . .
6 0 ,3 0 0
Tenn. C oal. 1. & R R .A p r.
2 4 1 ,2 0 0
Jan . 1 to A p r. 3 0 —
1 7 ,3 3 0
W est J e rse y A B r s ... A p r.
52,651
J an . 1 to A p r. 3 0 -----

8
,6

'—B a l. o f N et E a r n s . s

189 L-2.

1392-3.

9 1 7 .0 0 0
9 .1 7 0 .0 0 0
2 7 5 .0 0 0
2 ,7 5 0 ,0 JO
1 .1 9 2 .0 0 0
1 1 ,9 2 0 ,0 0 0
10,8 03
3 6 ,1 8 5
8 1 5 .0 7 6
3 ,2 6 0 ,3 0 1
2 3 ,1 1 9
9 1 .1 4 8
2 2 1 ,8 7 4
2 ,2 6 6 ,3 1 9
3 7 ,8 7 2
3 7 3 .7 7 3
6 ,6 9 2
6 6,9 18
2 3 7 ,8 5 3
2 ,3 5 5 ,2 6 2
2 6 ,2 4 2
1 0 5 .1 2 3
5 0 ,8 12
1 9 7 ,1 3 7
13.639
1 3 6 ,3 3 4
90,0 51
9 2 7 .4 7 9
3 7 .3 9 5
3 6 5 ,3 3 1
119 ,41 5
1 ,3 6 8 ,4 2 0
3 .5 >6
14.2 20
17.181
1 7 1 ,3 0 6

3 4 .9 4 8
1 ,8 3 2 ,6 9 0
d e f.3 5 ,3 1 8
9 S ,10 8
d f.3 6 9
1 ,9 3 0 ,3 0 0
d ef. 1 1 .5 1 1
d e f.6 2 .1 2 7
d f.1 0 5 ,6 3 4
3 2 1 ,9 1 3
16,3 46
d e f.3 7 ,9 0 6
4 9 ,4 1 0
8 5 6 192
d ^ f.20,2 35
d f.1 0 i.3 4 9
d e f. 1,434
d e f.3 3 3
24,0 61
1 .2 2 3 ,0 3 4
d e f.5 ,2 9 L
d e f.3 9 ,3 3 4
2 9 ,5 2 2
2 6 ,5 2 6
d e f.3 ,5 2 1
d e f.3 1 ,9 0 0
d ef. 18 4 0 8
3 2 3 ,3 44
d e f.3 5 ,1 3 0
< f. 1.83,202
3
2 5 ,8 7 1
4 8 7 ,9 3 6
d e t 1,3 i l
d ef.5 ,7 9 2
460
6 4 ,1 2 7
d e f.2 ,3 0 0
3 4 .7 0 0
17,2 79
1 5 ,4 0 2
5 5 ,6 7 2
7 ,2 8 0

1 8 9 1 -2 .
2 3 ,4 7 0
1 ,1 6 6 ,5 0 3
d e f.5 1 ,3 2 5
3 1 ,9 6 5
d f.2 7 ,3 5 4
1 .1 9 3 ,4 7 3
d e f.7 ,5 2 9
d e f.6 2 ,8 6 4
d f. 131,113
6 2 4,070
3 0 ,5 0 4
5 9 .7 4 6
4 6 .0 1 2
1 ,2 6 0 895
225
6 5,2 11
47
d e f 5 ,4 0 7
d e f. 1,559
7 7 7 .0 6 2
d e f. 2 ,1 3 5
d 2 f.2 9 .3 7 9
16,402
1 0 1 ,6 0 3
d e f.5 ,0 2 6
d e f.5 6 ,0 2 3
d e f.2 5 ,9 9 8
2 8 1 .9 1 2
d e f.4 3 ,7 2 4
d f. 147,131
2 0 ,0 0 5
5 0 9 ,3 5 6
d e f.9 5 1
d e f.8 ,6 3 2
297
8 7 ,4 1 5
1 7,9 17
1 0 ,9 2 1

ANNUAL REPORTS.
S io u x

C it y

( F or

O 'N e i l l

th e y e a r

W estern

x

elid in g

D ee.

R a ilw a y .

3 1 , 1 8 9 2 .,/

T h e r e p o r t s a y s : “ D u r i n g t h e y e a r 1 89 2 t h e r o a d i n c r e a s e d
its t r a f f ic c o n s i d e r a b l y , a n d p r o s p e c t s f o r t h e e n s u i n g y e a r
a r e b r i g h t . T h e c o u n c r y a l o n g t h e li n e is r a p i d l y f i l l i n g u p
w i c h s e t t le r s o f a d e s i r a b l e c l a s s .
W e e x p e c t t h e y e a r 1 893 t o
b e th e b est in th e h is to r y o f th e c o m p a n y .
T h e p resen t b r id g e
t o ll s , w h i c h a r e a g r e a t b u r d e n t o t h e t r a f f ic o f t h e c o m p a n y ,
w e h o p e t o b e a b le t o ta k e c a r e o f b y t h e M is s o u r i R iv e r
b r i d g e d u r i n g t h e y e a r 1 893.
*
*
*
“ T h e r o a d a n d e q u i p m e n t is i n s p l e n d i d c o n d i t i o n a n d r a t e 3
h a v e b e e n w e l l m a i n t a i n e d .”
E A B N IN O S A N D E X P E N S E S IN 1 9 9 2 .

G ross e a rn in g s .............................................................................................$ 2 3 0 ,8 9 6
O p era tin g e x p e n se s a n d ta x e s ...............................................................
9 9 ,1 6 3
N ot e a r n in g s ...........................................................................................$ 1 3 1 ,7 3 3
P e r ce n t o f e x p e n se s t o e a r n i n g s . . . . . . ------------------------------42*94
Q E N E B A L B A L A N C E S H E E T D E C . 3 1, 1 89 2 .
L ia b ilitie s —

R o a d & e q u ip m e n t......... $ 5 ,9 3 9 ,3 0 0
P e rm a n e n t im p r’ m ’t a ..
2 7 ,9 7 7
A g e n ts & c o n d u c t o r s ...
3 3,7 93
B an ks, co m p a n ie s, A c .
5,913
T raffic b a la n c e s .............
4 ,4 2 9
$ 6 ,0 1 1 ,4 2 0

S to c k ....................................$ 3 ,6 0 0 ,0 0 0
B o n d s .................................. 2 ,3 4 0 ,0 0 0
B ills p a y a b le ...................
3 ,0 0 0
V o u c h e r s ............................
2 2 ,9 1 5
In co m e a c c o u n t .................................... 4 5 ,5 0 4

it Aif uL
O ti i
w

$ 6 ,0 1 1 ,4 2 0

THE CHRONICLE

1014
C h ic a g o

W estern

&

In d ia n a

R a ilr o a d — B e lt

R a ilw a y

of

C h ic a g o .
( F o r th e y e a r e n d in g D e c .

3 1 , 1892.

P r e s id e n t T h o m a s o f t h e C h ic a g o & W e s t e r n I n d ia n a R a il
r o a d s a y s : “ F e b r u a r y 2 8 , 1 89 3 , t h e C h i c a g o C it y C o u n c i l
p a ssed a n o r d in a n c e r e q u ir in g th e e le v a t io n o f o u r tra ck s
n o r t h o f 1 2 th S t r e e t b y t h e 1 st o f J a n u a r y 1 8 9 5 , a n d f r o m 1 2 th
S t r e e t t o 6 7 th S t r e e t b y t h e 1 st o f J a n u a r y 1 8 9 7 . I t a l s o r e 
q u ir e s t h a t a ll o t h e r t r a c k s w i t h i n t h e c i t y l i m i t s s h a ll
b e e l e v a t e d b y J a n u a r y 1, 1 899. A s w e h a v e 219 m il e s o f
tr a c k th a t th e o r d in a n c e c o v e r s , th e e x p e n s e w e w o u ld h a v e
t o m e e t b y its e n f o r c e m e n t w o u l d b e m o r e t h a n o u r w h o l e
p r o p e r t y is w o r t h . ”
*
* *
“ T w o a d d it io n a l m a in t r a c k s h a v e b e e n c o n s t r u c te d a n d p u t
in o p e r a t io n b e t w e e n 4 6 t h S t r e e t a n d S t a t e S t r e e t , a d i s t a n c e o f
f i v e a n d o n e - h a l f m il e s , c o m p l e t i n g t h e f o u r - t r a c k s y s t e m t o
th a t p o in t.
T h is f o u r - t r a c k s y s t e m w i l l b e e x t e n d e d t o P u l l 
m a n J u n c t io n a t a n e a r ly d a y . T h is e n a b le s u s t o s e p a ra te
f r e i g h t a n d p a s s e n g e r b u s in e s s e n t i r e l y , e x c e p t d u r i n g t h e
s w i t c h i n g h o u r s , w h e n f e w p a s s e n g e r ' t r a in s a r e o n t h e
r o a d .”
* *
*
“ T h e to ta l n u m b e r o f p a ss e n g e r c a r s h a n d le d d u r in g th e
y e a r i n a n d o u t o f D e a r b o r n S t a t i o n w a s 2 8 2 ,4 9 7 , a n i n c r e a s e
o v e r t h e p r e v io u s y e a r o f 3 0 ,5 4 9 . T h i s d o e s n o t i n c l u d e t h e
l a r g e n u m b e r o f e m p t y p a s s e n g e r t r a in s w h i c h a r e h a n d l e d
b e tw e e n D e a rb o rn S ta tio n a n d th e y a r d s o f th e A . T . & S . F .
C o . a n d t h e C . & W . I . C o ., a t 1 8 t h S t r e e t .”
*
*
*

R even u e—
R en tal fro m less ees ...................................
“
“
Ind. E le v a t o r ...................
“
“
d ou ses and la n d ...............
D is., Interest anil e x c h a n g e ..................
M iscella n eou s e a r n in g s ......... ...............
B e lt R a ilw a y ren ta l, TVIay 1, 1 8 8 3 , to
O ct. 3 1 ,1 8 8 5 .............................................

$

8 0 5 ,24 8
3 0 ,0 0 0
2 9 ,0 5 4
7 ,5 5 0
2 ,3 5 7

2 5 0 ,0 0 0

..........
8 0 2 ,9 6 9

8 74,209

5 3 8 ,3 3 0
1 2 5 ,0 0 0
5 ,5 2 5

578 ,97 9
3 0 0 ,00 0
5,141

T o t a l...................................................... 1 ,7 2 3 ,4 5 3
6 6 8 ,8 5 5
8 8 4 ,1 2 0
B a la n c e ........................................................0 1 .5 53 ,9 0 0 s r.1 3 4 ,1 1 4 ■'df. 9 ,911
*The n om in a l surp lus o n D ec. 3 1 , 1 89 2 , as p e r h a la n o e sh eet, w a s
$ 67 4 ,9 5 5 .
CHICAGO 4 W E ST E R N IN D IA N A BALAN CE SH E ET D E C . 31.
1891.
1890.
1892.
A s s e ls $
$
$
.1 5 ,8 0 3 ,2 4 9 1 6 ,3 5 8 ,8 9 7 1 7 ,9 39 ,8 4 8
.
5 8 8 ,6 8 4
5 5 5 ,2 3 9
464 ,70 9
C a sh ...........
.
2 4 3 ,7 9 2
4 6 1 ,3 4 2
200,348
M a terials.
71,57.1
9 6 ,4 4 6
213,552
.1 6 ,7 0 7 ,2 9 6

1 7 ,4 7 1 ,9 2 4

1 8,8 1 8 ,4 5 7

. 5 ,0 0 0 ,0 0 0
. 8 ,8 3 0 ,6 6 6
V o u ch e rs and cu rren t a cco u n ts .. .
1 9 5 ,14 2
S in k in g fu n d s ................................... .. 2 ,0 7 1,84 6
In te re s t a c c o u n t ..............................
5 4 ,3 9 8
C ou p on s m atu red , n ot p a id .........
4 ,4 9 0
..
5 5 0 ,7 5 3

5 ,0 0 0 ,0 0 0
9 ,1 7 2 ,6 6 6
3 7 8 ,5 5 2
2 ,1 7 1 ,6 7 7
5 5,6 28
8 .535
6 8 4 ,8 6 6

5 ,0 0 0 ,0 0 0
1 0 ,2 28 ,6 6 7
5 4 6 ,68 1
2 ,2 9 9.49 0
60,2 64
8,400
674 ,95 5

L ia b ilit ie s -

..1 6 ,7 0 7 ,2 9 6 1 7 ,4 7 1 ,9 2 4 1 8,8 18 ,4 5 7
R e fe r r in g t o th e B e lt R a ilw a y , P r e s id e n t T h o m a s s a y s:
“ T h e B e l t R a i l w a y C o m p a n y o f C h i c a g o p a i d d i v i d e n d s in
1 89 2 f o r t h e fir s t t i m e i n i t s h i s t o r y .
T h e se co n d tra ck o v e r
t h e B u r l i n g t o n v i a d u c t w a s p u t i n t o u s e M a r c h 4, 1 892, t h u s
c o m p l e t i n g t h e d o u b l e t r a c k b e t w e e n H a w t h o r n e a n d th e
N o r th w e s t v ia d u c t , a n d g r e a tly fa c ilit a t in g th e m o v e m e n t o f
t r a in s . * * T w o a d d i t i o n a l m a i n t r a c k s h a v e b e e n c o n 
s t r u c t e d f r o m 8 0 th S t r e e t t o S t a t e S t r e e t , a d i s t a n c e o f 1 63-100
m il e s . W e s h a ll a t a n e a r l y d a y e x t e n d t h e s e t r a c k s t o P u l l 
m a n J u n c tio n , w h ic h w ill g iv e u s a n in d e p e n d e n t lin e o v e r
t h e w h o l e l e n g t h o f o u r r o a d , e x c e p t t h e d i s t a n c e f r o m 8 0 th
S t r e e t t o B e l t J u n c t i o n , w h e r e w e s h a ll c o n t i n u e f o r t h e p r e s 
e n t t o r u n o v e r th e C h ic a g o & W e s te r n I n d ia n a t r a c k s .” * *
“ T h e a g i t a i i o n o f t h e s u b j e c t o f g r a d e c r o s s in g s h a s a t e n d e n c y
t o d r i v e i n t e r c h a n g e b u s in e s s b e t w e e n r a i l r o a d s a w a y f r o m
t h e b u s y p o r t i o n s o f t h e c i t y . T h e e f f e c t o f i b i s w i l l d o u b t le s s
b e t o l a r g e l y i n c r e a s e t h e b u s in e s s o f o u r B e l t L i n e . ”
INCO M E ACCOUNT O F B E L T R A I L W A Y O F CH ICA GO .

F re ig h t t r a n s f e r s . ..................................
T ra ck s e r v i c e ............................................
R e n t o f e q u ip m e n t.....................................
M is ce lla n e o u s ..........................................

6 5 5 ,5 7 3
1,322
14,208
4 ,1 1 8

1 891.
$
6 8 7 ,6 4 3
2 ,0 2 0
5 ,3 6 2
1 ,4 8 0

T o t a l............................... ....................
E x p e n s e s ..................................................

6 7 5 ,2 2 1
4 7 4 ,9 6 1

6 9 6 ,50 5
4 8 2 .1 5 1

863 ,40 8
559 ,40 6

Net. ea rn in g s.........................................
P e r ct. o f op er. exp en ses to ea rn in g s.
D e d u c t—
R e n t a l ..............................................
T a x e s ...............................................
In te re st on floa tin g d e b t ..................

2 0 0 ,2 6 0
(7o)

2 1 4 ,3 5 4
(69)

3 0 4 .0 0 2
(65)

104 ,39 6
2 ?,5 00
3 2 ,8 9 4

5 ,1 3 5

3 5,1 00
2 ,8 9 1

34,4 70

73,8 07

1 6 4 ,3 8 5
1 3 9 ,61 7

T o t a l......................................
S u r p lu s .....................................................
%
.

$

$

$

$

N et e a rn in g s ................. 4 0 7 ,4 4 4
O th e r in c o m e ................ 27,199

3 5 5 ,6 3 3
6 ,0 5 4

4 4 6 ,7 7 6
5 ,9 0 8

3 8 0 ;7 I 2
2 7 ,5 0 4

T o ta l n e t .................. 4 3 4 ,6 4 3
D iv id e r d s ........................5 2 5 ,0 0 0
R ate o f d iv id e n d ........... 3 ^ p . c.

3 6 1 ,6 8 7
3 7 5 ,0 0 0
2 1 p . c.
s

4 5 2 ,6 8 4
4 5 0 ,0 0 0
3 p. c.

4 0 8 ,2 1 6
4 5 0 ,0 0 0
3 p . e.

B a la n c e ............... d ef. 9 0 ,3 5 7
S urplus J a n u a ry 1 ........3L 9 ,4 01

d e f 1 3 ,3 1 3
2 2 9 ,0 4 6

sur. 2 ,6 8 4
2 1 5 ,7 3 3

d e f. 4 1 ,7 8 4
2 1 8 ,4 1 6

2 1 5 ,7 3 3

2 1 8 ,4 1 7
31.
1891.

1 7 6 ,6 3 2
1892.

2 8 ,5 9 4 ,0 6 4
3 ,0 5 3 ,3 5 0
2 ,8 9 9 ,3 7 2
287,4 10
2u6,308
1 4 ,0 1 4

2 8 ,5 9 3 ,2 8 4
3 ,0 5 5 ,3 2 5
2 ,8 9 9 ,3 7 2
1 9 7 ,3 3 5
2 3 9 ,1 4 6
2 8,2 71

T o t a l . . . . ........................................... 3 4 ,8 0 6 ,9 1 8 3 5 ,0 5 4 ,5 7 8
L i a b i l i ie s —
C ap ita l stock:..........................................1 5 ,0 0 0 ,0 0 0 1 5 ,0 0 0 ,0 0 0
1 st m o rtg a g e b o n d s .............................1 3 ,9 2 3 ,6 0 0 1 3 ,9 23 ,6 0 1
5 ,6 5 0 ,0 0 0
2d m o rtg a g e b o n d s .............................. 5 ,3 4 9 ,0 0 0
D iv id e n d s ................................................
1 8 7 ,5 0 0
2 6 2 ,5 0 0
D u e M ich ig a n C en tra l R R ....... .........
1 3 1 ,0 8 5
2 1 8 ,4 1 7
In co m e a c c o u n t ...................................
2 1 5 ,7 3 3

3 5 ,0 1 2 ,7 3 3

B A L A N C E SH E ET D E C E M B E R

1892.

T o t a l.......................................................... 1 ,1 6 9 ,5 5 3
Umienscs—
In te re s t c h a r g e .....................
5 1 7 ,3 2 5
D i v id e n d s ....'............................................... 1 ,2 0 0 ,0 0 0
M isce lla n eou s..................
6 ,1 2 8

1890.

w i t h t h e 3 1 s t o f D e c e m b e r , 1 89 2 , a n d i n a c c o r d a n c e w i t h t h e
s e c o n d s e c t i o n o f t h e t h i r d p a r t o f t h a t a g r e e m e n t t h is c o m 
p a n y c a lle d f o r a r e a p p o r t io n m e n t o f th e n e t e a r n in g s . T h e r e 
u p o n c o m m it t e e s w e r e a p p o in te d b y th e b o a r d s o f d ir e c t o r s o f
th e t w o c o m p a n ie s w h o , a ft e r fu ll c o n s id e r a t io n o f th e w h o le
s u b je c t , m a d e a j o in t r e p o r t r e c o m m e n d in g t h a t f o r th e
n e x t p e r io d o f fiv e y e a rs t h e C a n a d a S o u th e rn R a ilw a y C o m 
p a n y s h o u l d b e a l l o w e d i u e a c h y e a r f o r t y p e r c e n t o f t h e f ir s t
m illio n d o lla r s a n d t h ir t y -t h r e e a n d o n e -th ir d p e r c e n t o f a n y
e x c e s s a b o v e o n e m illio n d o lla r s o f e a r n in g s , a ft e r p a y in g
o p e r a t in g e x p e n s e s a n d th e fix e d c h a r g e s o f b o th c o m p a n ie s in
t h e m a n n e r p r o v id e d f o r in th e a g r e e m e n t . T h is r e c o m m e n d a 
t io n w a s a c c e p t e d a n d c o n f ir m e d b y t h e r e s p e c t iv e b o a r d s o f
d i r e c t o r s , a n d b e c a m e o p e r a t i v e o n t h e f ir s t d a y o f J a n u a r y ,
1893. T h i s n e w a p p o r t i o n m e n t is i n p l a c e o f t h e f o r m e r a l l o w 
a n c e t o t h is c o m p a n y o f t h ir t y -t h r e e a n d o n e -t h ir d p e r c e n t o f
a ll n e t e a r n i n g s .”
T h e i n c o m e a c c o u n t f o r f o u r y e a r s is a s f o l l o w s :
1889.
1890.
1891.
1 89 2 .

S u rp lu s D e c , 3 1 . ... 2 2 9 ,0 4 4

INCO M E ACCOUNT O F CHICAGO & W E ST E R N IN D IA N A R R .

1 89 0 .
1891.
$
$
7 3 2 ,1 5 8
7 5 5 ,2 7 7
3 0 ,0 0 0
3 0 ,0 0 0
2 4 ,2 7 1
2 7 ,2 2 9
1 1 2 ,2 5 6
3 ,6 6 0
2 0 ,8 6 5 d eh .1 3 ,1 9 7

[V ol . LVI.

1892.
8 48 ,80 6
3,117
10,34 4
1,141

C a n a d a S o u th e rn R a ilw a y .

( F o r t h e y e a r e n d i n g D e c e m b e r 3 1, 1 8 9 2 J

P r e s i d e n t V a n d e r b i l t s a y s in t h e r e p o r t : “ U n d e r t h e a g r e e 
m e n t o f D e c e m b e r , 1882, b e t w e e n t h is c o m p a n y a n d t h e M i c h i 
g a n C e n t r a l R a i l r o a d C o ., t h e s e c o n d p e r i o d o f f i v e y e a r s e n d e d

1 890.
A s s e ts —
$
C o n stru ctio n a n d e q u ip m e n t......... 2 8 ,5 9 2 ,6 0 6
S tock s o w n e d ......................................... 2 ,9 9 3 ,5 8 8
B o n d s o w n e d ......................................... 2 ,8 9 9 ,3 7 2
D u e fr o m M ich ig a n C en tra l R R ..........................
Cash and ca sh a ss e ts ..........................
2 4 4 ,7 7 3
M is c e lla n e o u s .......................................
7 6 ,5 7 9

T o ta l

.3 4 ,8 0 6,91 8

$

3 5 ,0 5 4 ,5 1 8

$

1 5 ,0 0 0 ,0 0 0
1 3 ,9 2 3 ,6 0 0
5 ,6 5 0 ,0 0 0
2 6 2 ,5 0 0
1 7 6 ,6 3 3
3 5 ,0 1 2 ,7 3 3

GENERAL INVESTMENT NEWS.
A t e h is o n T o p e k a & S a n t a F e .— P r e s id e n t R e in h a r d t o f
th e A tc h is o n R a ilr o a d -C o m p a n y h as m a d e th e fo llo w in g s ta te 
m e n t as t o th e a m o u n t o f th e c o m p a n y ’s p re s e n t flo a tin g d e b t:
— “ T h e A t c h is o n T o p e k a & S a n ta F e R a ilr o a d C o m p a n y ,
s tr ic t ly s p e a k in g , h a s n o flo a t in g d e b t.
I t s c u r r e n t l i a b i l it i e s
a r e m o r e t h a n e q u a l e d b y its c u r r e n t c a s h a s s e t s a n d c a s h o n
h a n d , a n d a d v a n c e s to a u x ilia r y c o m p a n ie s a re n o t tre a te d b y
u s a s a ssets.
T h e A tc h is o n C o m p a n y t o o k u p th e flo a tin g
d e b ts o f tn e S t. L o u is & S a n F r a n c is c o a n d C o lo r a d o M id la n d
r a ilw a y c o m p a n ie s s h o r t ly a f t e r th e s e p r o p e rtie s w e r e a c 
q u i r e d , a n d , a s is w e l l k n o w n , c h a n g e d t h e s a m e i n t o it s o w n
n o te s , lo b e fin a n c e d u n d e r th e c r e d it o f th e p a r e n t c o m p a n y
a t a p r o p e r t im e .
T h e a m o u n t o f th e s e n o te s , a ll o f w h ic h a r e
s e c u r e d b y f i r s t - c l a s s b o n d s , is $ 5 ,9 0 0 ,0 0 0 , a g a i n s t $ 6 ,5 2 5 ,0 0 0
l a s t y e a r , a d e c r e a s e o f $ 6 2 5 ,0 0 0 . T h e A t c h i s o n C o m p a n y
o w n s a ll t h e c a p i t a l s t o c k s o f t h e S t. L o u i s & S a n F r a n c i s c o
a n d th e C o lo r a d o M id la n d c o m p a n ie s , a s w e ll as th o s e o f a ll
o t h e r c o m p a n i e s c o m p o s i n g t h e r a i l r o a d s y s t e m o f 9 ,3 4 6 m il e s ,
a n d t h e o p e r a t io n s a n d fin a n c in g o f t h e e n t ir e s y s te m a re
d o n e t h r o u g h t h e p a r e n t c o m p a n y , s o t h a t t h e r e is n o f l o a t i n g
d e b t o th e r th a n th e a m o u n t th e A tc h is o n C o m p a n y s h o w s ,
a n d i t is t h e t o t a l f l o a t i n g d e b t o f 9 ,3 4 6 m il e s o f r a i l r o a d , w h i c h
is a m p l y a n d s a t i s f a c t o r i l y s e c u r e d , a n d w h i c h , w h e n t h e
fin a n c ia l a tm o s p h e r e b r ig h te n s , w i l l b e e n t ir e ly e lim in a t e d .”
B i r m i n g h a m S h e f f i e l d & T e n n e s s e e B i v e r . — A t S h e f f i e ld ,
A l a . , J u n e 1 5, E . A . H o p k i n s , o f P h i l a d e l p h i a , w a s a p p o i n t e d
r e c e i v e r f o r t h e B i r m i n g h a m S h e f f i e ld & T e n n e s s e e R i v e r
R a ilr o a d .
C o l o r a d o F n e l & I r o n C o .— T h e s t a t e m e n t o f e a r n i n g s f o r
f i v e m o n t h s , N o v . 1, 1 89 2 , t o M a r c h 3 1 ,1 8 9 3 , s h o w s : N e t e a r n 
i n g s f u e l a n d i r o n d e p a r t m e n t s , 8 4 9 0 ,8 1 3 ; e a r o i n g s f r o m s t o c k s
a n d b o n d s , $ 1 6 ,8 8 5 — t o t a l , $ 5 0 7 ,6 9 8 ; s i n k i n g f u n d , $ 5 8 ,4 8 9 ;
b o n d i n t e r e s t f o r f i v e m o n t h s , $ 1 3 2 ,9 2 5 ; p r e f . s t o c k d i v i d e n d
f o r f i v e m o n t h s , $ 6 6 ,6 6 6 ; i n s u r a n c e t a x e s a n d p e r s o n a l i n j u r y
f o r f i v e m o n t h s , $ 2 7 ,5 0 0 ; t o t a l c h a r g e s , $ 2 8 5 ,5 8 1 ; d i v i d e n d o n
c o m m o n s t o c k M a y 1 5, 1 89 3 , $ 1 1 5 ,6 2 5 ; s u r p l u s $ 1 0 6 ,4 9 1 .
D a l l a s & F o r t W o r t h R a p i d T r a n s i t . — I t is r e p o r t e d t h a t
f ir s t m o r t g a g e b o n d s o f t h e D a lla s & F o r t W o r t h R a p i d T r a n 
s it T e r m i n a l R a i l r o a d C o m p a n y t o t h e a m o u n t o f $ 5 0 0 ,0 0 0
h a v e b e e n s o ld t o th e C e n tr a l T r u s t C o m p a n y o f N e w Y o r k ,
th e p ro ce e d s to be u sed to co n s tru c t th e ro a d , a n d th e ro a d
w i l l b e b o n d e d f o r $ 5 0 0 ,0 0 0 m o r e w h e n c o m p l e t e d t o F o r t
W o r t h , a d i s t a n c e o f 3 2 m il e s .
W o r k is t o b e g i n w i t h i n a
m o n t h a n d b e p u s h e d w i t h a l l p o s s i b le d i s p a t c h .
D is tillin g
&
C a ttle
F e e d i n g .— T h e s u it o f A t t o r n e y G e n e r a l M o lo D e v w ill be h e a r d iu C h ic a g o o n t b e 2 3d .
N ew
p a p e r s w e r e f ile d b y h i m a g a iD s t t h e W h i s k e y T r u s t i n t h e
C ir c u it C o u r t a t C h ic a g o la st w e e k .
I t is t o th e s e th e
W h is k e y T ru st w ill m a k e a n s w e r o n th e 23d.
— P r e s i d t n t G r e e n h u t h a s is s u e d a c i r c u l a r d a t e d P e o r i a ,
J u n e 1 2, t o r e b a t e v o u c h e r h o l d e r s , n o t i f y i n g t h e m t h a t $ 2 ,5 0 0 ,-

J une 17, 1893.]

THE CHRONICLE.

4)00 fir s t m o r t g a g e g o l d b o n d s h a v e b e e n d e p o s i t e d w i t h t h e
C e n tra l T ru s t C o m p a u y o f N e w Y o r k , as tru s te e , t o b e s o le ly
a n d e x p r e s s l y h e l d a s s e c u r i t y f o r t h e p a y m e n t o f a ll r e b a t e
v o u c h e r s n o w o r h e r e a f t e r is s u e d a n d o u t s t a n d i n g .
.*
D u lu t h < I r o n R a n g e .— A t " t h e 'a n n u a l m e e t in g o f m e
fe
D u l u t h & I r o n R a n g e R a i l w a y h s l d i n D u lu t h J u n e 13
th e
fo llo w in g
w ere
e l e c t e d : IT. H . P o r t e r , o f C h i c a g o ,
C h a i r m a n : I. L G r e a t s in g e r , P r e s i d e n t ; J o s e p h S e l l w o o d , o f
D u lu th , a n d C . W . H illia r d , o f C n ic a g o , V ic e -P r e s id e n t s ; C .
W . H illia r d , S e c r e t a r y a n d T re a s u re r.
%
K a n s a s C it y W y a n d o t t e & N o r t h w e s t e r n .— T h e fo r e c io s u r e s a le o f t h is r o a d a d v e r t i s e d f o r J u n e 1 3 th w a s p o s t p o n e d
t o A u g u s t 15 t o a l l o w o f f u r t h e r a d j u s t m e n t o f c l a i m s b e t w e e n
c r e d it o r s a n d b o n d h o ld e r s .
L e b a n o n S p r in g s .— A t A lb a n y , J u n e
9, th e L eb a n on
S p r i n g s R a i l r o a d s o l d i n f o r e c l o s u r e in M a y , 1 8 9 2 , w a s in 
c o r p o r a t e d u n d e r th e n a m e o f th e L e b a n o n S p r in g s R a ilr o a d ,
w i t h a c a p i t a l o f $ 1 ,4 2 7 ,5 0 0 .
M a r i e t t a Sc N o r t h G e o r g i a . — A t A t l a n t a , G a ., J u n e 12,
J u d g e N e w m a n s e t O c t o b e r 19 a s t h e t im e f o r t h e s a le o f t h e
M a r ie t t a & N o r t h G e o r g i a R a i l r o a d u n d e r
fo r e c lo s u r e o f
th e m o r t g a g e h e ld b y t h e C e n tra l T ru s t C o m p a n y o f N e w
Y o r k . R e c e n t l y a n o r d e r w a s p a s s e d i o t h e U n i t e d S ta t e s
C o u r t a u t h o r i z i n g t h e s a le o f t h e r o a d in s i x t y d a y s .
The
r e o r g a n i z a t i o n c o m m i t t e e o f t h e r o a d a s k e d t h a t t h e s a le b e
p o s t p o n e d , a n d la st w e e k t h e ir re q u e s t w a s g r a n te d .
An
a p p lic a t io n is a ls o b e fo r e t h e c o u r t s e e k in g a m o d ific a t io n o f
th e d e c r e e , w h ic h fix e d a n u p s e t p r ic e .
N a t i o n a l C o r d a g e .— T h e p r e lim in a r y a g r e e m e n t f o r th e
s y n d i c a t e w h i c h is t o u n d e r w r i t e t h e b o n d s f o r t h 9 N a t i o n a l
C ord age C om p a n y
has
been
m ade
p u b lic
u n o ffic ia lly .
T h e R e o r g a n iz a tio n C o m m it te e , w h ic h c o n s is ts o f G e o r g e C .
M a g o u n , E r n s t T h a llm a n a n d G u s t a v H . G o s s le r, h a s b e e n
v e r y s u c c e s s f u l in o r g a n i z i n g t h e s y n d i c a t e , a n d t h a t p a r t o f
t h e b u s in e s s is n e a r l y c o m p l e t e d .
B y th e term s o f th e a g re e 
m e n t w i t h t h e s y n d i c a t e t h e r e is t o b e a n i s s u e o f $ 6 ,0 0 0 ,0 0 0
o f t h i r t y - y e a r 5 p e r c e n t s i n k i n g f u n d fir s t m o r t g a g e a n d c o l 
l a t e r a l t r u s t b o n d s , $ 5 ,0 0 0 ,0 0 0 t o b e t a k e n a t o n c e a n d $ 1 ,0 0 0 ,000 t o b e r e t a i n e d b y t h e t r u s t e e s u b j e c t t o t h e o r d e r o f d i r e c t 
o r s , e v i d e n c e d b y a v o t e o f a t le a s t t w o - t h i r d s i n n u m b e r o f
t h e B o a r d f o r t h e p u r p o s e , a m o n g o t h e r th in g s , o f p a y in g o ff
p r i o r l ie n s o n t h e U n i o n M ills .
T h e c a p ita l s t o c k o f t h e r e o r g a n iz e d c o m p a n y w ill co n s is t
o f $ 8 ,0 0 0 ,0 0 0 o f 8 p e r c e n t c u m u l a t i v e p r e f e r r e d s t o c k a n d
$ 2 0 ,0 0 0 ,0 0 0 o f c o m m o n s t o c k .
T h e r e o r g a n i z e d c o m p a n y is
in t e n d e d to s ta rt fr e e f r o m flo a t in g d e b t w it h a d e q u a t e w o r k 
i n g c a p i t a l , it s p r o p e r t y c o n s i s t i n g o f t w e n t y c o n c e r n s , e i g h t
o f t h e m u n d e r p r o p r i e t a r y le a s e s o f t h e S e c u r i t y C o r p o r a t i o n .
T h e p l a n t a n d c a s h a s s e ts a r e e s t i m a t e d b y t h e d i r e c t o r s t o
b e w o r t h m o r e t h a n $ 1 5 ,0 0 0 ,0 0 0 , i n c l u d i n g t h e p r o c e e d s o f
th e s e b o n d s a n d th e c o n tr ib u t io n o f th e s to c k h o ld e r s f o r w o r k 
in g c a p ita l, b u t e x c lu s iv e o f g o o d - w ill, c o n tr a c ts , le a se s , p a t 
e n ts , & c . T h e c o m p a n y a g re e s t o s e t a s id e e a c h y e a r b e g in n in g
J u l y 1, 1 89 5 , 3 p e r c e n t u p o n t h e p a r v a l u e o f t h e b o n d s f o r a
s in k in g fu n d , i f s u c h a n a m o u n t c a n b e b o u g h t u n d e r p a r; if
n o t , b o n d s m a y b e d r a w n f o r p a y m e n t a t 105 a n d in t e r e s t .
T h e b o n d s w i l l b e o f f e r e d t o t h e s t o c k h o l d e r s a t 85 a n d t o t h e
p u b l i c a t a p r i c e t o b e f i x e d b y t h e s y n d i c a t e , n o t le s s t h a n 85.
S y n d i c a t e s u b s c r ib e r s t a k e t h e b o n d s a t 8 5 , le s s 5 p e r c e n t
c o m m is s io n , a n d a g r e e t o p a y t h e r e f o r n c t o v e r 25 p e r c e n t
p er m on th ,
N a t i o n a l S t a r c h C o m p a n y .— M r. C . C . B u r n s , S e c r e t a r y
a n d T rea su rer o f th e c o m p a n y , h as sen t th e fo llo w in g c o m 
m u n i c a t i o n , d a t e d N . Y , , J u n e 1 5, t o s t o c k h o l d e r s :
“ A t t h e la s t r e g u l a r m e e t i n g o f t h e b o a r d o f d i r e c t o r s o f
th e N a tio n a l S ta r c h M a n u fa c tu r in g C o m p a n y , h e ld a t th e
o ffic e o f t h e c o m p a n y , in C o v in g t o n , K y ., a r e s o lu t io n w a s
a d o p te d in s tr u c tin g th e T re a s u re r n o t to p a y th e u s u a l d iv i
d e n d o n t h e s e c o n d p r e f e r r e d s t o c k d u e J u l y 1 s t , 1 89 3 . T h is
a c t io n b e c a m e n e c e s s a r y o n a c c o u n t o f e x c e s s iv e c o m p e t it io n
d u r in g th e p a st w in te r a n d s p r in g , a n d th e p r e s e n t e x t r e m e
d u l n e s s o f t r a d e .”
N e w Y o r k S t o c k E x c h a u g e — N e w S e c u r it ie s L is t e d .— T h e
G o v e r n in g C o m m itte e o f th e N e w Y o r k S to c k E x c h a n g e h as
a d d e d t o t h e l is t f o r d e a li n g s t h e f o l l o w i n g :
C h ic a g o G a s L ig h t & C o k e C o.—$ 5 5 2 ,0 0 0 a d d ition a l first m o r t
g a g e five p e r c e n t g u a ra n teed g o ld b o n d s, m ak in g th e to ta l a m o u n t
liste d $ 1 0 ,0 0 0 ,0 0 0 .
C h ic a g o & N o r t h w e s t e r s K y .—$ 1 ,0 0 0 ,0 0 0 a d d ition a l five p e r cen t
3 0 -y ea r c o u p o n d eb en tu re b on d s o f 1 921 a n d re g istered b on d s in to
w h ich they m a y b e c o n v e rte d , m ak in g the to ta l a m ou n t liste d $10 ,0 0 0 ,0 0 0 .
C h ic a g o R o c k I sl a n d <cP a c if ic R y .—$ 8 4 0 ,0 0 0 a d d itio n a l first m o r t 
S
g a g e e x te n s io n aud co lla te r a l five p er ce n t b on d s o f 1 93 4 , m a k in g the
to ta l a m ou n t on list * 3 9 ,9 3 4 ,0 0 0 .
C o n su m e r s ’ G as C o., o f C h ic a g o —$3 1 4 ,0 0 0 a d d ition a l first m o rtg a g e
five p e r ce n t g u a ra n teed g o ld b on d s, m ak in g th e t o ta l a m ou n t listed
$ 4,3 4 6 ,0 0 0 .
N e w Y o r k N e w H a v e n & H a r t f o r d R a i l r o a d - T h e C om m ittee on
S to ck L ist is em p o w e re d to ad d a fte r J u n e 19 a d d ition a l a m ou n ts o f
ca p ita l s to c k n o t to e x c e e d 1 4 2 ,2 9 6 shares, issu ed in e x c h a n g e f o r th e
ca p ita l s tock s o f th e Old C olon y, B erk sh ire, W est S took b rid g e au d
S to ck b rid g e & P ittsfield ra ilroa d s A fte r the listiu g o f th ese a d d ition a l
shares th e listed ca p ita l s to c k o f th e co m p a n y w ill b e $ 4 9 ,1 3 7 ,bOO.
A lso $ 1 5 ,0 0 0 ,0 0 J c o n v e rtib le d eb en tu re re ce ip ts, first in sta lm e n t p aid .
N e w Y o r k S u sq u e h a n n a & W e s t e r n R a il r o a d — $ 1 3 ,0 0 0 ,0 0 0 c o m 
m on a n d $ 10 , 600,000 p re fe rr e d s to c k , as is s u e d ; to b e k u o w n as n e w
slo ck .
R o m e W a t e r t o w n & O g d e n s b u r g R a i l r o a d — $ 7 3 1 ,9 0 0 a d d itio n a l
ca p ita l stock , m ak in g the to ta l a in ou u t listed $ 9,5 0 0 ,0 0 0 .
S o u t h & N o r t h A l a b a m a R v il r o a d .—$ 2 1 8 ,0 0 0 a d d ition a l co n 
s o lid a ted m ortg a g e 5 p e r ce n t g old g u a ra n teed b o n d s o f 1936, m ak in g
1 b e to ta l a m ou n t listed $ 3 ,6 7 3 ,0 0 0 .

1015

N e w Y o r k S u g q a e h a n u a Sc W e s t e r n .— N o t i c e is g i v e n t h a t
p u r s u a n t t o t h e t e r m s o f c o n s o l i d a t i o n t h e p r e f e r r e d a n il c o m 
m o n s t o c k o f t h is c o m p a n y w i l l b e e x c h a n g e d f o r t h e p r e 
fe r r e d a n d c o m m o n s to c k o f th e o ld N e w Y o r k S u sq u e h a n n a
& W e s te r n R a ilr o a d C o m p a n y .
T h e n e w s e cu r itie s w e r e
li s t e d t h i s w e e k o n t h e N e w Y o r k S t o c k E x c h a n g e , a n d w i l l
be k n o w n as N e w Y o r k S u sq u e h a n n a & W e ste rn n e w s to c k .
S i n c e t h e c o n s o l i d a t i o n o f t h e N . Y . S . & W . A p r i l 25 w i t h
t h e H u d s o n R i v e r R R . & T e r m i n a l C o ., b y w i i i c h t h e la t t e r
b e c a m e th e p r o p e r t y o f th e fo r m e r , th e w o r k o f c o n s t r u c tin g
t h e t u n n e l a n d t e r m in a l s is b e i n g p u s h e d w i t l i v i g o r a n d is
p r o g r e s s i n g f a v o r a b l y . T h e t u n n e l w i l l lie 5 ,0 0 0 f e e t in l e n g t h
a n d h a v e a d o u b l e t r a c k ; t h e r e a r e t w o m il e s o f r o a d t o b e
c o n s t r u c t e d o n t h e w e s t e n d o f th e tu n n e l a n d o n e m ile o n th e
r iv e r e n d .
T h e t e r m in a l p r o p e r t y c o n t a i n s 6 2 a c r e s , w i t h
r o o m f o r 8 m il e s o f t r a c k , b e i n g a d e q u a t e f o r t h e r e q u i r e m e n t s
o f o t h e r c o r p o r a t i o n s w h o m i g h t d e s ir e t o u s e t h e m .
T here
a r e 1 ,5 0 0 f e e t o f r i v e r f r o n t o n w h i c h c o a l a n d f r e i g h t d o c k s
a re b e in g b u ilt , w it h a il th e m o s t im p r o v e d fa c ilit ie s f o r
h a n d lin g c o a l.
T h e p r o p e r t y is o p p o s i t e 9 2 d S t r e e t , N . Y .
T h e r e h a s b e e n a n is s u e o f $ 2 ,0 0 0 ,0 0 0 fir s t m o r t g a g e 5 0 y e a r
g o l d fiv e s , c o v e r in g t h e e n t ir e p r o p e r t y ; th e b o n d s h a v e b e e n
s >ld.
N o r t h e r n P a c i f i c . — 'T he n e w c o l l a t e r a l t r u s t n o t e s t o t h e
a m o u n t a t $ 1 2 ,0 0 0 ,0 0 0 , w h i c h h a v e b e e n u n d e r w r i t t e n b y a s y n 
d ic a te s u b je c t to th e s to c k h o ld e r s ’ r ig h t o f s u b s c r ip t io n , a re
o ffe r e d t o th e p r e fe r r e d a n d c o m m o n s to c k h o ld e r s o f r e c o r d
o n J u n e 3 0 t h a t 95 a n d a c c r u e d i n t e r e s t f r o m M a y 1 . T h e
f u l l t e x t o f t h e i n d e n t u r e is g i v e n o n f o l l o w i n g p a g e s , a n d t h e
c o lla te r a l, t o g e t h e r w itli th e p r o v is io n s f o r s e c u r in g th e n o te s ,
w o u ld a p p e a r t o b e a ll s u ffic ie n t.
A r t ic le f o u r p r o v id e s t h a t
t h e r a i l r o a d c o m p a n y w i l l n o t , w i t h o u t f ir s t o b t a i n i n g t h e
c o n s e n t o f t h e c o m m i t t e e , o r u n t i l a ll t h e n o t e s a r e p a id , c o n 
s t r u c t n e w l i a e s o r p u r c h a s e o r le a s e a n y , o r g u a r a n t e e b o n d s
o f o t h e r c o m p a n i e s , o r is s u e it s o w n b o n d s a g a i n s t s u c h , a n d
th e c o m m it t e e n a m e d , in w h o m im p o r ta n t p o w e r s a re v e s te d ,
in c lu d e s th e p r e s id e n ts o f th e F a r m e r s ’ L o a n & T ru s t C o . a n d
o f t h e U n i t e d S t a t e s T r u s t C o ., a n d is o n e t h a t w i l l in s p ir e c o n 
fid e n c e o n t h e p a rt o f in v e s to r s .
O r e g o n P a c i f i c . — A d i s p a t c h f r o m P o r t l a n d , O r e ., J u n e 14,
s ta te s : “ A t C o r v a llis y e s t e r d a y J u d g e F u lle r t o n m a d e a n
o r d e r f u r t h e r p o s t p o n i n g t h e s a le o f t h e O r e g o n P a c i f i c R a i l 
r o a d f r o m J u n e 2 8 t o O c t o b e r 28.
T h is p o s t p o n e m e n t w a s
g r a n te d a t th e re q u e s t o f h o ld e r s o f a la r g e a m o u n t o f c e r tifi
c a t e s is s u e d b y t h e f o r m e r r e c e i v e r s , w h o a r e a r r a n g i n g t o
p r o t e c t t h e ir h o ld in g s , a n d w ill d o s o b y b id d in g o n th e
p rop erty.
O w in g to th e la r g e n u m b e r o f c e r tific a te h o ld e r s
th e w o r k o f o r g a n iz in g h a s b e e n s lo w , a n d it b e c a m e e v id e n t
t h a t t h e y c o u l d n o t b e r e a d y t o b i d b y J u r e 2 8. J u d g e F u l 
le r to n s ta te d th a t th e s tr o n g e s t fa c t o r in d u c in g h im t o p o s t
p o n e t h e s a le w a s h i s d e s ir e t o h a v e t h e r o a d s e ll f o r a g o o d
fig u r e , s o t h a t a ll c r e d it o r s m ig h t b e p r o t e c t e d .”
P e n n s y l v a n i a S t e e l C o m p a n y .— T h e r e o r g a n i z a t i o n p l a n o f
th e P e n n s y lv a n ia S te e l C o m p a n y p r o v id e s f o r is s u in g a n e w
m o r t g a g e o f $ 9 ,0 0 0 ,0 0 0 u p o n a i l t h e p r o p e r t y o f t h e c o m p a n y
a n d o f t h e M a r y la n d S te e l C o m p a n y .
O f t h is $ 4 ,0 0 0 ,0 0 0 a r e
t o b e r e s e r v e d a n d t h e r e m a i n i n g $ 5 ,0 0 0 ,0 0 0 s i x p e r c e n t b o n d s
a r e t e b e is s u e d a t o n c e a n d o f f e r e d p r o r a t a t o t h e s h a r e h o l d 
e rs , w h o a r e t o h a v e t h e p r i v i l e g e o f t a k i n g t h e m a t 8 5 , t h e
t im e o f s u b s c r ip t io n e x p ir in g J u l y 20. T h e y m a y b e c o n 
v e r te d a t a n y t im e w it h in fiv e y e a r s in t o 8 p e r c e n t p r e fe r r e d
s to ck o f th e c o m p a n y .
W ith th e fu n d s th u s a c q u ir e d th e
c o m p a n y ’ s f l o a t i n g d e b t is t o b e p a i d o f f .
P h i l a d e l p h i a Sc R e a d i n g . — T h e r e c e i v e r s , t h r o u g h S e c r e 
ta r y W . R . T a y lo r , o f th e R e a d in g R a ilr o a d C o m p a n y , s e n t
o u t t h e f o l l o w i n g t h is w e e k :
“ A f t e r c a r e fu l c o n s id e r a t io n o f t h e fin a n c e s o f th e c o m 
p a n y , t h e r e c e iv e r s f i n d t h a t o n t h e fir s t o f J u l y t h e i r r e 
s o u r c e s w i l l f a l l a b o u t $ 1 ,5 0 0 ,0 0 0 s h o r t o f t h e a m o u n t n e c e s s a r y
f o r c u r r e n t d i s b u r s e m e n t s a n d f o r t h e r e n t a ls a n d in t e r e s t
w h ic h m a tu r e o n th a t d a te .
“ T h e r e c e iv e r s h a v e p a id a ll th e w a g e s d u e t o d a te .
Of
o t h e r i n d e b t e d n e s s p r i o r t o t h e r e c e i v e r s h i p t h e r e r e m a in s d u e :
F o r m ateria ls and su p p lies f o r botfi c o m p a n ie s ........................ $ 1 ,2 0 0 ,0 0 0
F o r co a l p u rc h a se d ................................................................................. 1 ,2 2 5 ,0 0 0
F o r trafiiic b ala n ces due c o n n e ctin g ra ilro a d s ............................
6 0 0 ,COO
T o t a l.......................................... ..........................................................$ 3 ,0 2 5 ,0 0 0
“ I n a d d it io n t o th is a m o u n t t h e r e a re s e v e r a l h u n d r e d
t h o u s a n d d o l la r s o f i n d e b t e d n e s s , m o s t l y f o r t r a f f ic b a l a n c e s
i n c u r r e d s i n c e t h e r e c e iv e r s h i p .
“ T h e a m o u n t s d u e to t h e F in a n c e C o m p a n y o f P e n n s y lv a n ia
a n d t h e P h i l a d e l p h i a W a r e h o u s e C o m p a n y a g g r e g a t e $ 3 ,0 0 0 ,000 s e c u r e d b y c o a l a n d o t h e r c o l l a t e r a l s : a n d t h e o t h e r b ills
p a y a b le o f t h e c o m p a n y a m o u n t i n g t o $ 6 ,8 6 7 ,0 0 0 a r e s e c u r e d
b y t h e p l e d g e o f s h a r e s a n d b o n d s o f t h e p a r v a l u e o f $ 1 3 ,0 0 0 ,0 0 0 . A l l o f t h e s e c o l l a t e r a l s m u s t , i f p o s s i b le , b e p r o t e c t e d
f r o m s a le .
“ U n le s s t h e p l a n o f r e a d ju s t m e n t o f f e r e d b y t h e B o a r d o f
M a n a g e r s b e a c c e p t e d b y t h e s e c u r it y h o ld e r s , i t w i l l n o t b e
p o s s i b le t o m e e t b o t h t h e i n t e r e s t o f t h e g e n e r a l m o r t g a g e
b o n d s a n d t h e o t h e r o b l i g a t i o n s m a t u r i n g o n t h e 1 st o f J u l y
p r o x im o , a n d it w ill be n e c e s s a r y in o r d e r t o m e e t th e m o s t
p r e s s i n g o b l i g a t i o n s t o m a k e a n is s u e o f n o le s s t h a n $ 4 ,0 0 0 ,0 0 0
o r $ 5 ,0 0 0 ,0 0 0 o f r e c e i v e r s ’ c e r t i f i c a t e s .
I f it s h o u ld be fo u n d
p o s s i b le t o u s e s u c h a n a m o u n t o f r e c e i v e r s ’ c e r t i f i c a t e s , t h e r e
w o u l d s t i l l b e d a n g e r o f t h e lo s s o f s o m e o f t h e c o l l a t e r a l
s e c u r itie s b y re a s o n o f th e in a b ilit y o f th e r e c e iv e r s t o ta k e u p
th e o b lig a tio n s o f th e c o m p a n y , w h ic h m a t u r e f r o m t im e t o
t i m e in t h e c o u r s e o f t h e n e x t n i n e t y d a y s .”

] 016

THE CHRONICLE.

__ P r e s i d e n t H a r r is lia s is s u e d a c o m m u n i c a t i o n t o t h e b o n d
a n d s h a re h o ld e r s o f th e c o m p a n y . R e f e r r in g t o t h e s e cu ritie s
p l e d g e d a s c o lla r o r a l , h e s a y s :
“ T hese secu rities are la r g e ly s to c k s o f tlie co m p a n ie s w h ose p ro p e r
ties co n stitu te the R ead in g system o f ra ilroa d s. T h e h o ld in g o f them
is o f vita l im p orta n ce to th e in te g r ity o f th a t system , an d if n o w sold
th e v m ast b e b ou gh t b a ck a t p ro b a b ly g r e a tly e n h a n ced p rice s } > ^ 0TG
th e co m p a n y ’ s affairs ca n b e p la c e d a ga in in a p o s it io n o f sa fety . x
A s to th e p la n o f r e o r g a n iz a t io n h e s a y s:
“ This p la n has n a tu ra lly giv e n rise to m u ch d iscu ssion , and it has
b e e u s tro n gly urged on o n e h a n d th a t the ca se is h op eless, an d th a t this
a m ou n t o f re lie f w ill n o t s a v e th e oom p a n y ; b u t that such a reorga n iza 
tio n m ust b e m ad e as w ill sa crifice all in terests ju n io r to th e gen eral
m o rtga ge ; w h ile oth er c r itics ot' th e p la n tak e th e o p p o site view , and
in sist th a t the m on etary re lie f asked fo r fa r e x c e e d s the n ecessities o f
th e case, an d that th e s to c k and b on d h o ld e rs a re ask ed to subm it to an
in te rfe re n ce w ith th eir rig h ts f o r w h ic h th ere is n o o cc a s io n w h atT h a v e b e e n fo r a n u m b er o f y ea rs som ew h a t fa m ilia r w ith the
*
affairs o f the R e a d in g C om p a n y, and such stu d y as I h a v e beeu a ble to
g iv e them le c e n t ly con firm s m e in the b e lie f th a t, i f rea son a b le p ro s 
p e rity in th e co u n try a t la rg e sh a ll con tin u e, th e ea rn in g s o f this co m 
p a n y should ord in a rily b e sufficient to p a y its o b lig a to ry ch arges, and
th a t, if a ca re fu l, c o n s e rv a tiv e p o lic y , w h ich sh a ll d e v e lo p th e p resent
e sta te, and p o sitiv e ly r e fu se to m ake n e w v en tu res, sh a ll b e p u rsu ed ,
th e co m p a n y ’ s p o s itio n sh ou ld g ra d u a lly g r o w stron g er. B ey on d this
n o th in g ca n n o w s a fe ly b e said, b u t en cou ra g em eu c m a y b e fo u n d iu
th e e x p e r ie n ce o f tw o corp ora tion s, w h o se p r o p e r ty a u d w h ose b u si
n e ss are very m u ch th e sam e as the R e a d in g C om p a n y ’ s, b e in g b oth
o w n e rs o f co a l l*n d s a n d ra ilroa d s, w h ich in th e p a st h a v e b een in
situ a tion s sim ila r to th e p resent p osition o f this c o m p a n y , an d w h ich
h a v e both , b y th e m eth od s a b o v e recom m en d ed , p la c e d th e m se lv e s in
a stro n g an d safe p e cu n ia ry p o s itio n ”
M r . H a r r i s t h e n r e h e a r s e s t h e r e a d ju s t m e n t s o f t h e L e h i g h
C o a l & N a v ig a t io n a n d C e n tra l N e w J e r s e y c o m p a n ie s , a n d
s ta te s:
“ H o w fa r the su ccess o f these tw o com p a n ies ca n he rep ea ted ca n 
n o t be fo re to ld . I t is, h o w e v e r, certa in that th ere is no p a th to p ro s 
p e rity fo r the R ea d in g C om p a n y b u t th e o n e w h ich these com p a n ie s
tro d —o f b uild in g u p business, d e v e lo p in g re s o u rc e s a n d a v o id in g n e w
ven tu res.
“ T o th o se w h o in sist th a t th e r e lie f a sk ed is to o great, I re p ly th a t
* * * if the com p a n y should p ros p er, th e re lie f a sk ed f o r in th e n e x t
five yea rs m ay n o t all b e n eed ed , an d it w ill n o t th en b e u sed , b u t the
re lie f a sk e d f o r a t p resen t m u st all b e had to p a y o ff p re s s in g o b lig a 
tio n s and t o red u ce th e ra te o f in terest a t w h ich som e o f th e d eb t in 
cu rred fo r n ew eq u ip m en t an d n o t im m e d ia te ly due is n o w running.
“ T h e p e rson s w h o un d er th e p la n co m p o s e the V o tin g T ru st w ere
n a m ed b y th e sy n d ica te w h ich p ro p o s e s to m a k e th e v e r y la rge ad
v a n c e s o f m o n e y req u ired .” * * * It is d ou b tless d isa g reea b le to th e
stock h old ers 10 pa i t w ith the co n tro l o f th eir p ro p e rty f o r so lo n g a tim e,
b u t they m u st d e cid e w h eth er this is n o t th e 's a fe s t cou rse n o w o p e n to
them .
“ M y d e lib era te op in ion th en is th a t th e a ssista n ce ask ed fo r in th e
p ro p o s e d plan fo r tun reh a b ilita tion o f th e R ea d in g C om p a n y is n on e
t o o great, a n d that there, is a g o o d p ro b a b ility th a t i f it is a fford ed and
th e p la n is ca rried ou t, p ru d en t and ca re fu l m a n a g em en t m a y p rev en t
t h e recu rre n ce o f such a crisis.
“ M y ju d g m e n t is that th e secu rity h old ers w ill m ak e a v e r y serious
m istak e if they d o n o t a c c e p t th e re lie f offered th em , lo r I see no p r o b 
a b ility that th e necessary a ssista n ce can h erea fter b e o b ta in ed , e x c e p t
u p o n m uch m ore on erou s term s, an d as I w ish to p re v e n t an v secu rity
h o ld e r s a y in g to m e in the fu tu re , ‘ Y o u le ft us in a co n d itio n o f p er
p le x ity , w h en , if y o u had sta ted the ca se clea rly, w e m ig h t h a v e k n ow n
h o w to a ct,’ I m o st stron gly a d v ise tli3 t tb e p lan shall b e p rom p tly
a cce p te d , an d th a t th e assents n ecessa ry to m ak e it o p e ra tiv e shall be
giv en .
“ I w ill say fo r th e in fo rm a tio n o f th ose to w h o m this p a p e r is ad
d ressed that v e r y n o tice a b le econ om ies h a v e a lre a d y b een m a d e iu the
co m p a n y ’ s m an ag em en t, u n n ecessa ry offices h a v e b een a bolish ed , and
co n sid e ra b le r e d u c tio n s h a v e b een m ad e in sala ries, th e e con om y
a m ou n tin g thus fa r to a s a v in g o f o y e r $ 2 0 0 ,0 0 0 p e r annu m .
— I n P h ila d e lp h ia o n W e d n e s d a y th e r e c e iv e r s o f t h e R e a d i n g r e q u e s t e d p e r m i s s i o n t o is s u e $ 5 ,0 0 0 ,0 0 0 r e c e i v e r s ’ c e r t f i ca tes.
I n c o u n s e l ’ s s t a t e m e n t i t is s a id :
" I f tlie p la n b e n o t a cce p te d , th e re ce iv e rs w ill n e e d a b ou t $ 5 ,0 00 ,0 0 0
o f ce rtifica te s to tak e up the cla im s en titled to p ro m p t a n d p re fe re n 
tial p a ym en t, a n d th ere w ill b e in sta lm en ts o f in te re s t and ren tals
fu llin g due J u ly 1, in clu d in g $ 8 8 6 ,1 0 0 o n th e gen era l m ortg a g e, and
fo r w h ich no fu n d s w ill be a v a ila b le, o f a b ou t $ 1,5 0 0 ,0 0 0 . In a d d ition
to this, bills p a ya b le, secu red by colla tera ls, a m ou n t to $ 6 .8 6 7 000
aud w ill m ostly fa ll d u e in the m ou th o f July. I f n ot p a id th ere w ill
b e d a n ge r that the colla terals, co n sistiu g o f shares a n d b o n d s o f great
in cid e n ta l v a lu e to th e H ea d in g C om pany, m ay be sacrificed. I t is n o t
p io p o s e d a t p res en t to m a k e a n y a p p lica tio n lo r ce rtifica te s to tak e n o
th e flo a tin g d eb t.” * * *
r
" T h e item s o f in d eb ted n ess t o b e p r o v id e d fo r a r e a s fo llo w s :
M a terials and o p e ra tin g b ills ,.....................................$ 1,221 7 8 0
T ra ffic b a la n c e s ......................................
3 2 o ’o o o
T a x e s ...........................................................................................8 ao ’000
,

T o t a l..................................................................................
S2 391,789
T h e ov e rd u e b ills f o r m ateria ls p u rc h a se d b y th e r e c e iv e r s ’
a m ou nt t o ..........................................................
6 9 6 ,5 8 9
T h ere w ill also b e due o n th e 1st o f J u ly ( e x o l u s l v e 'o f ’ tiie
$ 8 8 6 ,1 0 0 gen era l m ortga ge' in terest) f o r ren ta ls an d in 
terest on p rio r m ortg a g e s .................................
614 ,00 0
T h e va lu e o f th e co a l on ha n d an d the outstanding" c o a i a c co u n ts a t tb e tim e o f tlie a p p oin tm en t o f th e re c e iv e rs
e x c e e d e d $ 1 0 ,0 0 0 ,0 0 0 , an d the m o n e y r e c e iv e d fr o m these
sou rces w as a p p lied t o th e p a y m en t o f w a g es an d o th er
p re fe rre d claim s, so that th e r eceiv ers are n o w en titled to
be reim bu rsed an a m ou n t sufficient t o en a b le th em to p a y
th e o w n ers o f th e c o a l th e b a la n ce still d u e them , w h ic h
am ou n ts t o ........................................................................................... 1 , 233,463

[V

o l.

LVL

t h e a s s e s s m e n t o n t h e c o m m o n s t o c k is c a l l e d f o r o n o r b e 
f o r e J u n e 29.
H o ld e r s o f R ic h m o n d & D a n v ille a n d G e o r g ia P a c ific
s e c u r itie s t o b e d e a lt w it h u n d e r t h e p la n a re n o t ifie d t h a t t h e
lim it o f t im e f o r th e r e c e p t io n o f d e p o s its h a s b e e n f i x e d f o r
n o t l a t e r t h a n J u n e 2 7.
I n l i e u o f 5 p e r c e n t in p r e f e r r e d s t o c k t o t h e h o l d e r s o f
R ic h m o n d & D a n v ille 5 p e r c e n t c o n s o lid a t e d b o n d s d e p o s it e d
u n d e r th e p la n , th e C o m m it te e w ill a llo w 5 p e r c e n t in c a s h
o n c o m p le tio n o f th e r e o r g a n iz a tio n .
A b a s is o f a d j u s t m e n t h a s b e e n d e t e r m i n e d u p o n i n r e s p e c t
t o th e in c o m e b o n d s a n d s to c k o f th e G e o r g ia P a c ific R a ilw a y
C o m p a n y , w h i c h , u n d e r t h e p l a n in i t s o r i g i n a l f o r m , h a d
b e e n d e fe r r e d f o r fu t u r e a c t io n , a n d iu c o n n e c t io n w it h s a id
a d ju s t m e n t , a n d as a p a r t t h e r e o f, th e p r o v is io n s o f t h e p la n
i n r e s p e c t t o fir s t a n d s e c o n d m o r t g a g e b o n d s o f t h e G e o r g ia
P a c ific R a ilw a y " C o m p a n y h a v e b e e n a lte r e d p u r s u a n t to
a r r a n g e m e n t m a d e w it h h o ld e r s o f a m a jo r it y in a m o u n t o f
s a id f i r s t a n d s e c o n d m o r t g a g e b o n d s .
T h e c o m p le t e a n d m o d ifie d
a d ju s t m e n t
p ro p o se d fo r
s e c u r i t i e s o f t h e G e o r g i a P a c i f i c R a i l w a y C o m p a n y is a s f o l 
lo w s :
F ir s t m o r t g a g e b o n d s t o r e c e iv e in t e r e s t a t 5 p e r c e n t in
ca s h a n d 1 p e r c e n t in p r e fe r r e d s to c k f o r fiv e y e a r s fr o m
J a n u a r y 1 , 1 89 3 , a n d a t 6 p e r c e n t i n c a s h t h e r e a f t e r .
T h e ir
p r e s e n t m o r t g a g e l i e n t o r e m a i n u n d is t u r b e d , ( e x c e p t a s t o
in t e r e s t a s a b o v e ; ) o r i f , i n o r d e r t o c a r r y o u t t h i s a r r a n g e 
m e n t, fo r e c lo s u r e b e fo u n d n e c e s s a r y , n e w b o n d s o f e q u a l
lie n t o b e s u b s titu te d .
C o n s o li d a t e d s e c o n d m o r t g a g e b o n d s t o r e c e i v e 125 p e r c e n t
i n p r e f e r r e d .s t o c k o f t b e n e w c o m p a n y .
I n c o m e b o n d s t o r e c e iv e 25 p e r c e n t in p r e f e r r e d s t o c k o f
th e n e w co m p a n y .
S t o c k t o r e c e i v e 50 p e r c e n t i n c o m m o n s t o c k o f t h e n e w
com p a n y.
I t is r e p o r t e d t h a t C o l u m b i a & G r e e n v i l l e f i r s t s ix e 3 w i l l b e
g iv e n th e te rm s a c c o r d e d t o t h e s a m e c la s s o f b o n d s o f t h e
G e o r g ia P a c ific ,
T h e M e r c a n t ile T ru s t & D e p o s it C o m p a n y , B a lt im o r e , w ill
r e c e iv e R ic h m o n d T e r m in a l, R ic h m o n d & D a n v ille , a n d E a st
T e n n e ss e e V ir g in ia & G e o r g ia s e c u r itie s , to b e d e p o s it e d
u n d e r th e r e o r g a n iz a t io n p la n .
T h e C e n tra l T ru st C o m p a n y as tru s te e o f th e R ic h m o n d &
W e s t P o in t T e r m in a l R a ilw a y co lla te r a l tru st 5 a n d G p e r c e n t
b o n d s g i v e s n o t i c e o f t h e s a le a t a u c t i o n o n J u l y 13 o f a l l t h e
b o n d s a n d s h a res o f s to c k a n d o t h e r p r o p e r t y h e ld b y it s u b 
j e c t t o th e lie n o f th e m o r t g a g e s s e c u r in g th e s e b o n d s .
A l is t
o f th e s e c u r it ie s to b e s o ld w ill b e f o u n d in th e a d v e r t is e m e n t
i n a n o t h e r c o l u m n . T h e s a l e w i l l b e b y M e s s r s A . H . M u ll e r
& S o n , a t t h e N e w Y o r k R e a l E s t a t e S a l e s r o o m , 111 B r o a d 
w ay.
S t . L o u i s C h i c a g o & S t . P a u l . — A t S p r i n g f i e l d , 111., J u n e 1 3 ,
I n th e S a n g a m o n C ir c u it C o u r t t h e A t l a n t i c T ru st C e m p a n y o f
N e w Y o r k f i l e d a p e t i t i o n f o r t h e f o r e c l o s u r e o f t h e f ir s t m o r t 
g a g e o n t h e S t . L o u i s C h i c a g o & S t. P a u l R a i l r o a d f o r § 1 ,2 5 0 ,000 .
T h e C o u r t a p p o in t e d C h a rle s K . K im b a ll, t h e P r e s id e n t
o f t h e r o a d , a n d J o s e p h D i c k s o n o f S t. L o u i s , r e c e i v e r s . T h e
r o a d h a d r e c e n t ly b e e a r e o r g a n iz e d a s th e s u c c e s s o r o f th e S t.
S t . L o u i s A l t o n & S p r i n g f i e l d , s o l d i n f o r e c l o s u r e J u l y 9 ,1 8 9 3 .
S a il A n t o n i o & A r a n s a s P a s s .— T h e n e w fir s t m o r t g a g e
f o u r s g u a r a n t e e d b y S o u t h e r n P a c i f i c w i l l b e is s u e d i n t h e
c o u r s e o f a f e w d a y s , a n d th e fir s t c o u p o n d u e J u l y 1 w i l l b e
p a i d a t t h e o f f i c e o f t h e S o u t h e r n P a c i f i c C o m p a n y in t h e M ills
B u ild in g .
T h e b o n d s a r e d a t e d J a n u a r y 1.
W e s t e r n U n io n T e le g r a p h .— T h e e s tim a te d n e t e a r n in g s
f o r t h e q u a r t e r e n d i n g M a r c h 3 1 ,1 8 9 3 , w e r e § 1 ,6 7 5 ,0 0 0 ; t h e
a c t u a l w e r e § 1 ,5 8 4 ,4 3 1 , o r § 9 0 ,5 3 6 le s s t h a n t h e e s t i m a t e .
E s t im a t e d n e t e a r n in g s f o r th e q u a r t e r e n d in g J u n e 30, 1893,
c o m p a r e w i t h t h e a c t u a l r e s u l t s i n t h 9 s a m e q u a r t e r o f 1892 a s
fo llo w s :
,--------- Q u a r te r c u ttin g J u n e 3 0.-------—.
A c tu a l, 1 89 2 .
E s tim a te d , 1 89 3 .
N e t r e v e n u e .............................................. $ 1 ,/1 0 ,5 8 8
$ 1 ,7 5 0 ,0 0 0
D ed u ct—

In te re s t on b o n d s .............. $ 2 2 2 ,9 6 3
S in k in g la n d .........................
1 9 ,9 9 1
---------------

2 4 2 ,9 5 4

N e t re v e n u e ..................................... $ 1 ,5 2 7 ,6 3 1
L ess d iv id e n d ...................... ( l i t p. c.)
1 ,0 7 7 ,4 1 3
S urplus f o r q u a r t e r ......................
A d d n o m in a l s u rp lu s M a rch 3 1 .......

$ 2 2 3 ,3 3 5
2 0 ,0 0 0
---------------

2 4 3 ,3 3 5

$ 1 ,5 0 6 ,6 6 5
( H i p. c.) 1 ,1 8 3 ,2 4 0

$ 4 5 0 ,2 2 1
1 3 ,0 8 5 ,9 0 6

$ 3 2 1 ,4 2 5
6 ,5 9 8 ,8 9 8

N o m in a l su rp lu s J u n e 3 0 .............* $ 1 3 ,5 3 6 ,1 2 7

$ 6 ,9 2 0 ,3 2 3

* A d d $ 4 0 ,0 0 0 re tu r n e d to sin k in g la n d m a k e s su rp lu s $ 1 3 ,5 7 6 ,1 2 7 .

F o r th is a g g re g a te .....................................................................
$ 4 ,9 3 3 841
b e is s u e d 0 0 0 ,0 0 0 , th e y w ill a sk y o u t o r e p o r t th a t ce r tifica te s shoffid

§ 5 ,1 8 0 ,0 0 0 o f t h e a b o v e s u r p l u s o f § 6 ,9 2 0 ,3 3 3 is r e p r e s e n t e d
b y 5 1 ,8 0 0 s h a r e s o f W e s t e r n U n i o n s t o c k h e l d i n t h e t r e a s u r y ,

T h e R e a d i n g ’ s o f f i c e b u i l d i n g in P h i l a d e l p h i a is f o r s a le t
p r i c e a s k e d b e i n g m t h e n e i g h b o r h o o d o f $ 4 0 0 ,0 0 0 .
U pon t
c o m p l e t i o n o f t h e T e r m i n a l b u i l d i n g in O c t o b e r , a l l t h e o f f i c i
a n d c l e r k s w i l l m o v e t o t h e n e w b u i l d in g .

— F o r t h e fis c a l y e a r e n d in g J u n e 30 th e c o m p a n y m a k e s
th e fo llo w in g s ta te m e n t:
T h e net- ea rn in g s f o r th e y e a r en d in g J u n e 3 0 ,1 8 9 3 (the la st
q u a rte r b e in g p a rtly e stim a te d ), w ill b e a b o u t ...................... $ 7 ,5 6 8 ,1 3 0
F ro m w h ich d e d u ctin g in te re s t o n b o n d s a n d sin k in g fu n d
a p p ro p ria tio n s f o r th e y e a r .............................................................
9 3 3 ,3 3 1

R i c h m o n d T e r m i n a l . — N o t i c e is g i v e n t h a t t h e h o l d e r s
o v e r 90 p e r c e n t o f th e s to c k a n d b o n d s o f th e R ic h m o n d
W e s t P o in t T e r m in a l R a ilw a y & W a r e h o u s e C o m p a n y h a
b e c o m e p a r t ie s t o t h e r e o r g a n i z a t i o n a g r e e m e n t , a n d t l
*“ tb er
T 111 b f r e c e i v e d u p t o t h e 2 4 t h i n s t . o n t
p a y m e n t o f p e n a lt ie s o f $20 p e r b o n d , f i f t y c e n t s a s h a r e
m ^ i 1°F i8 Kftk
D< it
d o l la r P e r s h a r e o n p r e f e r r e d .
A p;
m e a t o f $1 50 p e r s h a r e o n a c c o u n t o f t h e fi r s t i n s t a l m e n t

L e a v e s th e n e t p ro fits f o r th e y e a r o v e r a n d a b o v e all
fix e d ch a r g e s ................................................................................. $ 6 ,6 3 4 ,7 9 8
F ro m w h ic h d e d u ctin g 4 q u a rte rly d iv id e n d s o f 1% p . c. e a ch 4 ,6 3 2 ,1 0 2

i

t
L e a v e s a surplus f o r th e y e a r o f ..................................................$ 2 ,0 0 2 ,6 9 6
l W h ich surp lu s has been a p p lie d t o the p u rch a se a n d en la rg em e n t o f the b u ild in g at C h ica g o , ca lle d the P h e n ir B u d d 
in g (at a c o s t o f a b o u t $ 1 ,7 0 0 ,0 0 0 ), an d to th e c o n s t r u c 
t io n o f n e w a n d a d d itio n a l lin e s an d w ires.
^
,j

I

THE CHRONICLE.

J une 17, 1893.J

llc p o u ts

NORTHERN

and

d o c u m e n ts.

PACIFIC RAILROAD
COMPANY.

C O L L A T E R A L T R U S T IN D E N T U R E .
TO
THE

FARM ERS’

LOAN
D ated

&

TRUST

Ma t 1, 1893.

C O .,

TRUSTEE.

1017-

a n d s e c u r it y o f a ll a n d e v e r y th e h o ld e r s o f t h e p r o m is s o r y
n o t e s h e r e i n a f t e r p r o v i d e d t o b e is s u e d a n d h e r e b y B e c u r e d o r
in t e n d e d s o t o b e , f o r a n d u p o n t h e u se s, p u r p o s e s a n d tru sts
h e r e in s e t f o r t h a n d d e c l a r e d , t h a t is t o s a y :
a r t ic l e

one

.

T h e p r o m i s s o r y n o t e s t o b e is s u e d u n d e r a n d s e c u r e d b y t h i s
i n d e n t u r e s h a ll n o t e x c e e d in t h e a g g r e g a t e
S i v i i 'I S m w i i i
o f th e p r in c ip a l th e s u m o f fifie e n m illio n
o i n ote's.
d o l l a r s ($ 1 5 ,0 9 0 ,0 0 0 ) a n d s h a ll h e d n t e d o n t h e
f ir s t d a y o f M a y , 1893, a n d s h a ll b e p a y a b l e a t
t h e o f f i c e o f t h e T r u s t C o m p a n y in t h e c i t y o f N e w Y o r k , in
g o ld c o i n o f t h e U n ite d S ta te s o f o r e q u a l t o t h e p re s e n t
s t a n d a r d o f w e i g h t a n d f in e n e s s , f i v e y e a r s f r o m t h e d a t e
t h e r e o f , w i t h o u t g r a c e , u n le s s s o o n e r c a l l e d in f o r p a y m e n t
a c c o r d i n g t o t h e p r o v i s i o n s o f t h i s i n d e n t u r e , a n d s h a ll b e a r
i n t e r e s t in t h e m e a n t im e a t t h e r a t e o f s i x p e r c e n t p e r a n n u m ,
p a y a b le s e m i - a n n u a l l y in l i k e g o l d c o i n , o n t h e fir s t d a y o f
e a ch a n d e v e r y M a y a n d N o v e m b e r t h e r e a ft e r u n til th e p r in 
c i p a l a n d i n t e r e s t t h e r e o f s h a ll b e f u l l y p a id a c c o r d i n g t o t h e
t r u e i n t e n t a n d m e a n i n g o f tire s a id n o t e s , f r e e f r o m a l l t a x e 3
th a t m a y b e re q u ir e d to b e d e d u c te d b y th e R a ilr o a d C o m 
p a n y f r o m s a id i n t e r e s t , t h e R a i l r o a d C o m p a n y h e r e b y a s 
s u m in g to p a y th e sa m e.
T h e o r i g i n a l is s u e o f s a i d n o t e s s h a l l b e c o u p o n n o t e s o f t h e
d e n o m i n a t i o n o f o n e t h o u s a n d d o l l a r s (§ 1 ,0 0 0 ).
S a id n o te s
s h a ll b e n u m b e r e d c o n s e c u t i v e l y f r o m o n e t o f i f t e e n t h o u s a n d
a n d m a y b e e x c h a n g e d f o r r e g is te r e d n o t e s o f t h e s a m e d e 
n o m in a t io n a t th e o p t io a o f t h e h o ld e r . R e g is t e r e d n o t e s s h a ll
he n u m b e r e d c o n s e c u t iv e ly fr o m o n e to t h e h ig h e s t n u m b e r
is s u e d .
S a id n o t e s s h a ll b e s i g n e d i n t h e n a m e o f t h e R a i l 
r o a d C o m p a n y b y it s T r e a s u r e r a n d c o u n t e r s i g n e d b y i t s P r e s i d e n t o r V i c e - P r e s i d e n t , a n d t h e c o u p o n s s h a ll h e a u t h e n t i c a t e d
b y t h e n a m e o f t h e s a id T r e a s u r e r p r i n t e d o r e n g r a v e d t h e r e o n .
A n d w h e n e v e r a n d a s o f t e n as a n y o f s a id n o t e s s h a ll b e i s s u 
a b l e u n d e r t h e t e r m s o f t h is i n d e n t u r e , t h e y s h a ll fir s t b e e x e 
c u t e d b y t h e R a ilr o a d C o m p a n y a n d d e liv e r e d t o t h e T r u s t
C o m p a n y , w h o s h a ll t h e r e u p o n c e r t i f y t h e s a m e a n d r e - d e l i v e r
t h e s a m e t o t h e R a i l r o a d C o m p a n y f o r is s u e , a n d n o n e o f s a id
n o t e s s h a ll b e v a l i d f o r a n y p u r p o s e u n le s s s o c e r t i f i e d .
S a id
n o t e s , c o u p o n s a n d c e r t i f i c a t e s s h a ll b e s u b s t a n t ia l l y i n t h e
fo llo w in g fo r m , to w it:

I n d e n t u r e , m a d e t li e fi r s t d a y o f M a y , A . D . 1893, b y a n d
b e tw e e n th e N o r t h e r n P a c if ic R a il r o a d C o m p a n y , a c o r 
p o r a t io n c r e a t e d b y a n d e x is t in g u n d e r a n a c t o f th e C o n g r e ss
o f t h e U n it e d S ta te s, h e r e in a ft e r c a lle d “ th e R a ilr o a d C o m 
p a n y , ” p a r t y o f t h e fir s t p a r t , a n d T i i e F a r m e r s ’ L o a n & T r u s t
C o m p a n y , o f th e C it y o f N e w
Y o r k , tru s te e , h e r e in a ft e r
c a lle d “ T h e T r u s t C o m p a n y .” p a r t y o f th e s e c o n d p a rt.
W h e r e a s , t h e R a ilr o a d C o m p a n y h a s a flo a t in g d e b t o f
a b o u t e l e v e n m i l l i o n d o l l a r s (§ 1 1 ,COO,0 0 0 ), t o p r o v i d e f o r t h e
p a y m e n t o f w h i c h , a n d f o r its o t h e r r e q u i r e m e n t s , t h e r a i l 
r o a d C o m p a n y , b y r e s o lu t io n o f its b o a r d o f d ir e c t o r s , has
d e t e r m i n e d t o i s s u e a n d s e ll , i n t h e m a n n e r h e r e i n a f t e r
s t a t e d , its f i v e - y e a r s i x p e r c e n t g o l d n o t e s t o t h e a g g r e g a t e
a m o u n t o f f i f t e e n m i l l i o n d o l l a r s (8 1 5 ,0 0 0 ,0 0 0 ), a n d s e c u r e t h e
p a y m e n t o f th e s a m e b y t h e a s s ig n m e n t , t r a n s fe r a n d d e 
l i v e r y t o t h e T r u s t C o m p a n y o f t h e s e c u r it ie s h e r e in a ft e r
n a m e d , u p o n t h e tru s ts h e r e in a ft e r s e t o u t :
N o w , t h e r e f o r e , th is in d e n t u r e w it n e s s e t h , th a t f o r a n d
i n c o n s i d e r a t i o n o f t h e p r e m i s e s a n d o f o n e d o l l a r t o i t in h a n d
p a id , th e r e c e ip t w h e r e o f is h e r e b y a c k n o w le d g e d , a n d f o r
o t h e r g o o d a n d v a l u a b l e c o n s i d e r a t i o n s it t h e r e u n t o m o v i n g ,
t h e R a i l r o a d C o m p a n y h a s s o ld , a s s i g n e d , t r a n s f e r r e d a n d s e t
o v e r , a n d b y t h e s e p r e s e n t s d o e s s e ll , a s s ig n , t r a n s f e r a n d s e t
o v e r , u n t o t h e T r u s t C o m p a n y a n d t o its s u c c e s s o r s a n d a s s ig n s
f o r e v e r , a l l a n d s in g u l a r t h e f o l l o w i n g n a m e d c o r p o r a t e b o n d s ,
s h a r e s o f c a p ita l s t o c k , b e n e fic ia l c e r tific a te s a n d c o n t r a c t ,
h e r e i n a f t e r c a l l e d “ t h e u n d e r l y i n g s e c u r i t i e s ,” t o w i t :
1 st. T e n m i l l i o n d o l l a r s (8 1 0 ,0 0 0 ,0 0 0 ) p a r
T h sccu r1 fi"es.In e v a h i e in t h e f i v e p e r c e n t c o u p o n b o n d s o f
[F O R M O F CO U P O N NOTE.J
t h e s a id N o r t h e r n P a c i f i c R a i l r o a d C o m 
n o r t h e r n p a c if ic r a il r o a d c o m p a n y .
p a n y , o f o n e t h o u s a n d d o l la r s e a c h , w i t h t h e c o u p o n s t h e r e t o
[Co l l a t e r a l N o t e .
b e l o n g i n g a t t a c h e d , t o a n d i n c l u d i n g t h e c o u p o n s m a t u r i n g § 1 ,0 0 0 .
N o ........
J u n e 1 , 1 89 3 , s a id b o n d s b e i n g d a t e d D e c e m b e r 3 , 1 88 9 , a n d
NEWr Y o r k , M a y 1 ,1 8 9 3 .
h a v i n g b e e n is s u e d u n d e r a n d s e c u r e d b y t h e c o n s o lid a t e d
F iv e yea rs fr o m d a te, w it h o u t g r a c e , to w it. o n the first d a y o f M a y,
1898, f o r va lu e r e c e iv e d , th e N o rth e rn P a cilie R a ilro a d C oin p an y
m o r t g a g e o f t h e s a id N o r t h e r n P a c if ic R a ilr o a d C o m p a n y
p ro m ise s to n a y, a t th e office o f T he F a rm e rs’ L o a n & T ru st C om 
h e r e t o f o r e e x e c u t e d a n d d e l i v e r e d t o t h e F a r m e r s ’ L o a n & p a n y, in th e c it y o f N ew Y o r k , to th e b e a re r o f this n o ie , o n e th o u sa n d
T r u s t C o m p a n y , a s t r u s t e e , d a t e d D e c e m b e r 3 , 1889.
d olla rs in g o ld co in o f the U n ited States o f A m e r ic a , o f o r equal t o the
2 d . T h r e e m i l l i o n d o l l a r s ($ 3 ,0 0 0 ,0 0 0 ) p a r v a l u e i n t h e f i v e p re s e n t sta n d a rd o f w e ig h t and fin en ess, u p o n th e p re s e n ta tio n an d
su rren d er o f this n o te , w ith Interest th e re o n in th e m e a n tim e a t th e
p e r c e n t c o u p o n b o n d s o f t h e C h i c a g o & N o r t h e r n P a c i f i c R a i l  ra te o f s ix p e r ce n t p e r an n u m , p a y a b le sem i a n n u ally a t th e office o r
ro a d C o m p a n y , a c o r p o r a tio n fo r m e d a n d e x is tin g u n d e r th e
a g e n cy o f th e said ra ilro a d co m p a n y in th e c it y o f N ew Y o r k , iu like
g o ld co in , on tho first d a y o f e a ch an d e v e r y M ay a n d N o v e m b e r h ere
l a w s o f t h e S t a t e o f I l l i n o i s , o f o n e t h o u s a n d d o l la r s e a c h ,
w i t h t h e c o u p o n s t h e r e t o b e l o n g i n g a t t a c h e d , t o a n d i n c l u d  a fter, u p o n th e p re s e n ta tio n and su rre n d e r o f the. a n n e x e d co u p o n s
th e r e fo r as th e y s e v e ra lly m atu re, u n til the p rin c ip a l an d in te re st o f
i n g t h e c o u p o n s m a t u r i n g O c t o b e r 1, 1893, s a id b o n d s b e i n g this n o te shall he fu lly p a id a cco r d in g to th e true, in te n t and m eau ing
d a t e d A p r i l 1 , 1 890, a n d h a v i n g b e e n is s u e d u n d e r a n d s e c u r e d
h e r e o f, fr e e fro m all U n ited S tates, S tate o r m u n icip a l ta x e s that m a y
b y t h e fi r s t m o r t g a g e o f t h e s a i d C h i c a g o & N o r t h e r n P a c i f i c b e re q u ire d b y l a w to b e d e d u cte d b y sa id ra ilro a d c o m p a n y fr o m
said in te re st, sa id ra ilw a y co m p a n y h ereby a ssu m in g to p a y th e sam e.
R a i l r o a d C o m p a n y h e r e t o f o r e e x e c u t e d a n d d e l i v e r e d t o T h e This n o te is one o f an issue o f c o u p o n an d re g iste re d n otes a g g re g a tin g
F a r m e r s ’ L o a n & T r u s t C o m p a n y , a s t r u s t e e , d a t e d A p r i l 1, fifteen m illion d o lla rs o f p rin cip a l, and is s e cu re d b y a p led ge w ith th o
said tru s t co m p a n y o f ce r ta in secu rities nam ed in, an d is su b je ct to tb e
1 890.
3 d . S i x m i l l i o n d o l l a r s ($ 6 ,0 0 0 ,0 0 0 ) p a r v a l u e i n t h e f i v e p e r term s o f, a tru st in d en tu re m a d e by the sa id ra ilro a d co m p a n y t o th e
said tru st c o m p a n v , d a te d th e first d a y o f M ay, 1893. and is n o t v a lid
c e n t c o u p o n b o n d s o f t h e C h i c a g o & C a l u m e t T e r m i n a l R a i l  o r e n titled to th e benefits o f said tru st in d e n tu re u n til th o ce rtifica te
h e re o n shall h a v e been sig n ed b y the s a id tru st co m p a n y . This n o te
w a y C o m p a n y , a c o r p o r a tio n fo r m e d a n d e x is tin g u n d e r th e
m a y b e e x c h a n g e d f o r a re g istered n o te o f th e sam e d e n o m in a tio n at
la w s o f t h e S ta te s o f I llin o is a n d I n d ia n a , o f o n e t h o u s a n d
th e o p tio n o f th e h o ld e r and is su b je ct to re d e m p tio n a t p ar and a c 
d o lla r s e a c h , w it h th e c o u p o n s t h e r e t o b e lo n g in g a tt a c h e d , to
cru ed in te re st at a n y tim e a fte r th e first d a y o f M a y. 1896, and b e fo re
a n d i n c l u d i n g t h e c o u p o n s m a t u r i n g N o v e m b e r 1, 1 89 3 , s a id
m a tu rity on n in e ty d a y s ' n o tice , as set fo rth ia sa id tru st in d en tu re,
b o n d s b e i n g d a t e d M a y 1, 1 89 3 , a n d h a v i n g b e e n is s u e d u n d e r an d sh a ll p a ss b y d e liv e ry .
N o r t h e r n P a c if ic R a il r o a d C o m p a n y ,
a n d s e c u r e d b y t h e fir s t m o r t g a g e o f t h e s a id C h i c a g o & C a l u 
By
m e t T e r m in a l R a ilw a y C o m p a n y h e r e to fo r e e x e c u t e d a n d d e 
T reasu rer.
l i v e r e d t o t h e F a r m e r s ’ L o a n & T r u s t C o m p a n y o f t h e c i t y C o u n te rs ig n e d :
Y ie c -P r c s id m t .
o f N e w Y o r k a n d C . C . M a tso n o f G r e e n c a s tle , in th e c o u n t y
o f P u t n a m , i n t h e S t a t e o f I n d i a n a , a s t r u s t e e s , d a t e d M a y 1,
[F O R M O F CO U P O N .]
1 89 3 .
§30.
On
, 1893.
N o ..............
4 t h . C e r t ifi c a t e s f o r s e v e n t y t h o u s a n d (7 0 ,0 0 0 ) s h a r e s , o f t h e
T be N orth ern P a cific R ailroa d C om p any w ill p a y to b e a re r, at its office
a g g r e g a t e p a r v a l u e o f s e v e n m i l l i o n d o l l a r s (8 7 ,0 0 0 ,0 0 0 ). o f t h e
or a g e n c y iu th e C ity o f N ew Y o rk , th irty d o lla rs. U n ited S tates gold
co iu , b e in g s ix m on th s’ iutere.-t due on that d a y o n its c o lla te r a l n o te
f u l l p a id c a p i t a l s t o c k o f t h e S a i n t P a u l & N o r t h e r n P a c i f i c
N o ............. u n less sa id n ote sh a ll h a v e b e e n p re v io u sly p a id o r ca lle d in
R a ilw a y C o m p a n y , a c o r p o r a tio n fo r m e d a n d e x is tin g u n d e r
f o r p a y m e n t.
t h e l a w s o f t h e S t a t e o f M in n e s o t a , b e i n g t h e t o t a l i s s u e o f t h e
T reasu rer.
c a p i t a l s t o c k o f s a id r a i l w a y c o m p a n y .
[F O R M O F T R U ST E E ’ S C E R T IF IC A T E .]
5 t h . C e r t ifi c a t e s o f b e n e f i c i a l in t e r e s t i n o n e h u n d r e d a n d
I t is h e r iiy c e r t if ie d that this is one o f th e n o te s d e sc rib e d in t h e
f i f t y t h o u s a n d o n e h u n d r e d (1 5 0 .1 0 0 ) s h a r e s , o f t h e a g g r e g a t e
tru st in d e n tu re th e ie iu m e n tio n e d , d a ted M ay 1, 1893.
p a r v a l u e o f f i f t e e n m i l l i o n a n d t e n t h o u s a n d d o l la r s (§ 1 5 ,T h e F a r m e r s ’ L o a n & T r u s t Co m p a n y .
0 1 0 ,0 7 0 ) o f t h e f u l l p a id c a p i t a l s t o c k o f t h e C h i c a g o & N o r t h 
T rn slce .
B y.
e rn P a c ific R a ilr o a d C o m p a n v , a c o r p o r a t io n fo r m e d a n d e x 
is t in g u n d e r th e la w s o f t h e S ta te o f I llin o is .
[ f o r m o f r e g is t e r e d n o t e .]
6 th . C e r t ifi c a t e s f o r t h r e e t h o u s a n d f o u r h u n d r e d a n d t h i r t y
N O R T H E R N P A C IF IC R A I L R O A D C O M P A N Y .
(3 ,4 3 0 ) s h a r e s , o f t h e a g g r e g a t e p a r v a l u e o f t h r e e h u n d r e d a n d
Co l l a t e r a l No t e .
f o r t y - t h r e e t h o u s a n d d o l la r s ($ 3 4 3 ,0 0 0 ), o f t h e f u l l p a id c a p i t a l
§ , .
No..............
s to c k o f th e N o rth e rn P a c ific E x p re ss C o m p a n y , a co r p o r a 
N e w Y ' o r k , M a y 1 ,1 8 9 3 .
t io n fo r m e d a n d e x is tin g u n d e r th e la w s o f th e S ta te o f M in n 
F iv e y e a rs fr o m d a te, w ith o u t g ra ce , to w it. o n tb e first d a y o f M a y ,
e s o t a , b e i n g t h e t o t a l is s u e o f t h e c a p i t a l s t o c k o f s a id e x p r e s s 1 89 8 . fo r v a lu e r e c e iv e d ,t b e N orthern P a cific R a ilro a d C om p a n y p ro m 
c o m p a n y ; t o g e t h e r w i t h a c e r t a i n c o n t r a c t m a d e b e t w e e n s a id
ises to p a y , a t th e office o f the F a rm ers’ L o a n & T ru st C om p a n y , iu the
o r ord e r, o n e th o u sa n d
e x p r e s s c o m p a n y a n d t h e s a id N o r t h e r n P a c i f i c R a i l r o a d C o m  eitv o f N ew Y o rk , to
d o lla rs iu g o ld c o in o f th e U n ite d S tates o f A m erica, o f nr e q u a l t o th e
p a n y , d a t e d M a y 1, 1 8 9 3 , s e c u r i n g t o s a i d e x p r e s s c o m p a n y ,
present sta n d a rd o f w e ig h t and fineness, u p o n the p re se n ta tio n a n d
f o r a t e r m o f t w e n t y y e a r s f r o m t h e d a t e o f s a id c o n t r a c t , t h e su rre n d e r o f this n o te , w ith in te re st th e re o n in th e m ean tim e a t th e
ra te o f s ix p e r ce n t p er an n u m , p a y a b le sem i-a n n n ally in lik e g o ld
r ig h t s a n d p r iv ile g e s th e r e in n a m e d .
co in , on th e first d a v o f ea ch an d e v e ry M ay and N o v e m b e r h e re a fte r,
T O h a v e a n d t o h o l d th e u n d e r ly in g s e cu r itie s a n d e a ch
b y ch e e k o n ly , t o th e o rd e r o f th e p e rso n w h o shall b e tb e re g iste re d
o f t h e m u n t o t h e T r u s t C o m p a n y , it s s u c c e s s o i s a n d a s s i g n s , o w n e r o f th is n o te on the 2 5 th d a y o f th e p re ce d in g m on th , u n til tb e
f o r e v e r , in tr u 3 t , n e v e r t h e l e s s , f o r t h e e q u a l pro rata b e n e f i t p rin c ip a l o f th is n o te sh a ll b e fu lly p a id a c c o r d in g t o th e tru e in te n t

100
0

THE CHRONICLE.

1018

and m ean in g h ereof, free from all U n ited S tates, S tate o r m u n icip a l
ta x e s that m av be req u ired b y la w to b e d e d u cte d b y said ra ilroa d c o m 
p a n y from sai'd in terest, said ra ilroa d co m p a n y h ereby a ssu m in g to p a y
the sam e. This n ote is on e o f an issue o f c o u p o n and re g iste re d n otes
a g g re g a tin g fifteen m illion d olla rs o f p rin c ip a l, an d is secu red b y a
p le d g e w ith said trust co m p a n y o f certa in s< eu rities n a m e d in , an d is
su b ject to , the term s o f a tru st in d en tu re m a d e b y th e said ra ilroa d
co m p a n y to the said trust co m p a n y , d a ted i h e first d a y o f M a y, 1893.
and is n o t valid o r en titled to th e b en efits o f said tru st in d e n tu re until
the ce rtifica te hereon shall h a v e b een sig n ed b y th e said tru st c o m 
p a n y. T his n o te is s u b je ct t o red em p tion a t p a r a n d a c c r u e d in terest
a t a n y tim e a fte r th e first d a y o f M ay, 1896, an d b e fo r e m a tu rity on
n in ety d a ys’ n otice, as set fo i l — in said tru st indenture.
No r t h e r n P a c if ic

By

R a il r o a d C o m p a n y ,
T reasu rer.

C ountersigned:
V ic e -P r e s id e n t.
[FORM OF TRUSTEE’ S CERTIFICATE.]

I t is h e r e b y certified th a t this is o n e o f th e n otes d e s c rib e d in the
tru s t in d en tu re th erein m en tion ed , d a ted M a y 1 ,1 8 9 3 .
T h e F a r m e r ’ s L o a n & T r u s t Co m p a n y , T r u s t e e ,

By
[ i n t e r i m c e r t i f i c a t e s .]

In te rim certifica tes , w ith o u t co u p on s, and in a n y m u ltip le o fo n e t h o u
sand d olla rs ($ 1 ,0 0 0 ), m a y b e issu ed , t o b e e x c h a n g e d fo r en g ra v e d
n otes, in the a b o v e fo rm s, w h en re a d y f o r d eliv e ry .
A R T IC L E TW O .
T h e R a i l r o a d C o m p a n y h e r e b y p r o m i s e s a n d a g r e e s t h a t it
C o v e n a n t b y f t . w i u d u l 37 a n d p u n c t u a l l y p a y t h e p r i n c i p a l
p . r k . C o . l o p n y a n d i n t e r e s t o f a ll t h e p r o m i s s o r y n o t e s w h i c h
note8 it s h a ll i s s u e p u r s u a n t t o t h e p r o v i s i o n s o f
t h is i n d e n t u r e , a c c o r d i n g t o t h e t e n o r o f s a i d n o t e s a n d t h e
c o u p o n s t h e r e to b e lo n g in g , a n d t h a t t h e s a id c e r tific a te
o f th e T ru st
C om pany
w hen
p la c e d u p o n
s a id n o t e s
s h a ll a t a l l t im e s a n d in a ll p l a c e s b e t a k e n t o b e c o n 
c l u s i v e e v i d e n c e t h a t s a id n o t e s h a v e b e e n is s u e d u n d e r
a n d a re s e c u r e d b y t h is in d e n tu r e .
I n c a s e o f a s a le
o f th e u n d e r ly in g s e c u r itie s a n d t h e a p p lic a t io n o f th e
n e t p r o c e e d s t h e r e o f t o t h e p a y m e n t o f t h e e x p e n s e s o f t h is
t r u s t a n d t o t h e p a y m e n t o f t h e n o t e s t o b e is s u e d h e r e u n d e r ,
a s h e r e i n a f t e r p r o v i d e d , s a id p r o c e e d s s h a ll n o t b e s u f f i c i e n t
t o p a y i n f u l l t h e p r i n c i p a l a n d i n t e r e s t o f t h e n o t e s is s u e d
h e r e u n d e r a n d w h i c h s h a ll t h e n b e o u t s t a n d i n g a n d u n p a i d ,
th e R a ilr o a d C o m p a n y h e r e b y p r o m is e s a n d a g re e s to p a y th e
a m o u n t o f t h e d e f i c i e n c y , f o r t h w i t h a f t e r s u c h s a le , w i t h i n 
te r e s t.
A R T IC L E T H R E E .
W

h ereas,

C e r t a in o f t h e b o n d s a n d c e r t i f i c a t e s o f s t o c k
f o r m i n g p a r t o f t h e u n d e r l y i n g s e c u r it ie s
U n d e r ly in g
s e c u r it ie s n o w
h a v e b e e n h e r e to fo r e p le d g e d a n d a re n o w
p le d g e d t o b e
h e ld b y c r e d it o r s o f th e R a ilw a y C o m p a n y
r e d e e m e d «md
d e l iv e r e d t o th e
a s s e c u r i t y f o r c e r t a i n o f i t s o b l ig a t i o n s a g T r u s t C om pany,
g r e g a t i n g a b o u t e l e v e n m i l l i o n d o l la r s ($11
000,0 0 0 ), b e i n g t h e f l o a t i n g d e b t h e r e in b e f o r e r e f e r r e d t o ;
A n d w h e r e a s , I t is t h e i n t e n t i o n o f t h e R a i l r o a d C o m p a n y
t o p a y s a id o b lig a tio n s a t o r b e f o r e m a t u r it y w i t h t h e p r o 
c e e d s o f t h e n o t e s t o b e is s u e d u n d e r t h is i n d e n t u r e a n d
t h e r e b y a c q u i r e s a id b o n d s a n d c e r t i f i c a t e s o f s t o c k s o p l e d g e d ,
a n d d e l i v e r t o t h e T r u s t C o m p a n y , u p o n t h e t r u s t s o f t h is i n 
d e n tu re , su ch a n d so m a n y o f th e sa m e a s fo r m p a rt o f th e u n 
d e r l y i n g s e c u r it ie s .
T h e r e f o r e , i t is u n d e r s t o o d a n d a g r e e d t h a t t h e R a i l r o a d
C o m p a n y , h a v i n g fi r s t a s s i g n e d t o t h e T r u s t
T r u s t C o . to c e r 
t ify n o t e s in p r o  C o m p a n y , u p o n t h e t r u s t s o f t h i s i n d e n t u r e ,
p o r t io n an u n d er- t h e s a id c o n t r a c t w i t h s a id e x p r e s s c o m 
ly in g secu t i d e s
p a n y , m a y f r o m t im e t o t im e d e liv e r to
a r c d e p o s it e d .
.
,
„ ,
th e T ru st C o m p a n y an e q u a l p e rce n ta g e o f
e a c h c la s s o f t h e b o n d s , s h a r e s o f s t o c k a n d b e n e f i c i a l c e r t i f i 
c a te s w h ic h f o r m th e u n d e r ly in g s e c u r itie s , a n d t h a t th e
r r a s t C o m p a n y s h a ll t h e r e u p o n c e r t i f y , i n t h e m a n n e r a f o r e 
s a id , a n d d e l i v e r t o t h e R a i l r o a d C o m p a n y o r u p o n it s o r d e r
s u c h a n a m o u n t o f t h e n o t e s t o b e is s u e d u n d e r t h is i n d e n t u r e
as th e b o n d s, sh a re s o f s to c k a n d b e n e fic ia l c e r tific a te s so
t r o m t i m e t o t i m e d e l i v e r e d t o i t s h a ll b e a r t o t h e t o t a l
° i a ll t h e u n d e r l y i n g s e c u r it ie s .
^ A u 'd
R a ilr o a d C o m p a n y a g rees to u s e s u ch a n a m o u n t
I L n i n 0 tes so lM lv e r e d t o it a n d th e p r o c e e d s t h e r e o f, as
s h a ll b e n e c e s s a r y f o r t h e p u r p o s e , i n t h e p a y m e n t o f it s s a id
o b l i g a t i o n s s e c u r e d b y t h e p l e d g e o f s a id b o n d s a n d c e r t if ic a t e s o f s t o c k , u n t i l a ll s a id o b l i g a t i o n s , a r e p a id , a n d u n til
a il s a id b o n d s a n d c e r t i f i c a t e s o f s t o c k s o p l e d g e d a r e a c 
q u ir e d b y t h e R a ilr o a d C o m p a n y , a n d u n t il a ll t h e u n d e r -

& ^ th ie

1 nd"nture.Vered *

^

TrUSt ComfJany U
P°“ the

A R T IC L E FO U R .
T h e R a i l r o a d C o m p a n y h e r e b y f u r t h e r c o v e n a n t s a n d a g re e s
U n til n o t e . n r . '(v it h t h e T r u s t C o m p a n y a n d w i t h a ll th e
C o . n o t i o ? o n I h o lA e r ® o f t h e n o t e s s e c u r e d h e r e b y t h a l
s tr u c t a n y n e w u n t i l a l l o f s a i d n o t e s a r e f u l l y p a i d i t w ill
teeP
bouit *.u a r n n " n o t > w i t h o u t fir s t h a v i n g o b t a i n e d th e c o n „
, , ,
..
s e n t o f t h e c o m m it t e e h e r e in a ft e r c o n s t itu te d
u n d e r ta k e th e c o n s t r u c t io n o f a n y n e w r a ilr o a d lin e s , o r p u r
le a f.e a n y n e w r a i l r o a d o r n a v i g a t i o n li n e s , o i
o rtS eV
’ f n d o r s e o r . p u r c h a s e t h e b o n d s o r o t h e r o b l ig a t i o n s
o r s t o c k s o f c o m p a n i e s o w n i n g s u c h r a i l r o a d o r n a v ig a t io n
lin e s , o r is s u e its o w n o b l i g a t i o n s a g a i n s t t h e m .
B
*

A R T IC L E F IV E .

A c o m m i t t e e o f fi v e , v e s t e d w i t h t h e p o w e r s g i v e n b y this
T h e C o m m itte e ,

^ d e n t u r e , is h e r e b y c o n s t i t u t e d , c o n s is t in g
o f R o s w e ll G . R oisot n , J o h n A ft tp w a r t
J a m e s S tillm a n , J o h n D . P r o b s t a n d F r e d T , G a te s.

[VOL, L \ l.

T h e c o m m i t t e e s h a ll m e e t a n d o r g a n i z e a s a b o a r d .
T hey
s h a ll e l e c t o n e o f t h e i r m e m b e r s t o b e c h a i r m a n o f t h e
c o m m i t t e e a n d s h a ll a p p o i n t a s e c r e t a r y a n d f i x h i s s a l a r y ,
w h i c h s h a ll b e p a i d b y t h e R a i l r o a d C o m p a n y , t o g e t h e r
w it h t h e n e c e s s a r y d is b u r s e m e n ts in c u r r e d b y t h e c o m 
m it t e e .
T h e s e c r e t a r y s h a ll k e e p a m i n u t e b o o k , in w h i c h
a l l a c t s a n d a c t i o n o f t h e c o m m i t t e e s h a ll b e r e c o r d e d .
A
m a jo r it y o f th e w h o le n u m b e r o f
th e c o m m it t e e m a y
e x e r c is e a ll th e p o w e r s b y th is in d e n t u r e g i v e n t o t h e c o m 
m it t e e , a n d a n y d i r e c t i o n s t o b e g i v e n b y t h e c o m m i t t e e t o
t h e T r u s t C o m p a n y , p u r s u a n t t o t h e p r o v i s i o n s o f t h is i n d e n 
t u r e , s h a ll b e e v i d e n c e d b y a c o p y o f a r e s o l u t i o n o f i h e c o m 
m it t e e , c e r t i f i e d b y t h e c h a i r m a n a n d s e c r e t a r y .
The m em 
b e r s o f t h e c o m m i t t e e m a y v o t e in p e r s o n , o r b y l e t t e r o r t e le 
g r a m a d d re ss e d to th e c h a ir m a n o r s e c r e ta r y , a n d re a s o n a b le
w r i t t e n n o t i c e o f e a c h m e e t i n g o f t h e c o m m i t t e e s h a ll b e g i v e n
b y it s s e c r e t a r y t o e a c h m e m b e r .
E a ch m e m b e r o f th e c o m 
m it t e e s h a ll b e p a i d b y t h e R a i l r o a d C o m p a n y f o r e a c h m e e t 
in g o f th e c o m m it t e e a t w h ic h h e a tte n d s th e s u m o f t w e n t y
d o lla r s .
A n y m e m b e r o f th e c o m m it t e e m a y re s ig n .
U pon
th e d e a th , n a tu r a l o r c iv il, r e s ig n a tio n o r r e fu s a l o r in a b ilit y
t o a c t fr o m a n y c a u s e , o f a n y m e m b e r o r m e m b e r s o f th e
c o m m it t e e , o r a n y o f t h e s u cce s s o r s o f a n y o f th e m , a ll s u c h
v a c a n c i e s s h a ll b e f i l le d b y t h e c o m m i t t e e b y w r i t t e n a p p o i n t 
m e n t u n d e r t h e h a n d s a n d s e a ls o f a m a j o r i t y o f t h e r e m a i n 
in g m e m b e r s , d u l y a c k n o w le d g e d a n d file u w it h t h e T r u s t
C om pany.
A R T IC L E S IX .
T h e c o m m i t t e e h e r e i n b e f o r e c o n s t i t u t e d , a n d its s u c c e s s o r s ,
s h a ll h a v e p o w e r a t a n y t i m e a n d f r o m t i m e
lA n V b o n d ."
t ° t i m e b e f o r e t h e m a t u r i t y o f s a i d n o t e s , in
b e t o r e m a t u r it y its d i s c r e t i o n , t o d i r e c t a n d r e q u i r e t h e T r u s t
o f n otes.
C o m p a n y t o s e ll a n y o r a l l o f t h e b o n d s
w h ic h m a y b e a t a n y t im e h e ld b y th e T r u s t C o m p a n y u n d e r
t h is i n d e n t u r e , i n s u c h m a n n e r a n d f o r s u c h p r i c e o r p r i c e s a s
th e c o m m it t e e m a y d e e m b e s t : P r o v id e d , h o w e v e r , th a t th e
s a id c o n s o l i d a t e d b o n d s o f t h e N o r t h e r n P a c i f i c R a i l r o a d C o m 
p a n y s h a ll n o t b e s o ld f o r le s s t h a n n i n e t y (90) p e r c e n t u m o f
t h e i r p a r v a l u e ; n o r t h e s a id b o n d s o f t h e
p r ic e ™ ? w h ic h
C h ic a g o & N o r th e r n P a c ific R a ilr o a d C o m b ou d s m a y be
p a n y f o r le s s t h a n n i n e t y - f i v e (9 5 ) p e r c e n t u m
sol<1’
o f t h e ir p a r v a lu e , n o r th e s a id b o n d s o f th e
C h i c a g o & C a l u m e t T e r m i n a l R a i l w a y C o m p a n y f o r le s s t h a n
e i g h t y - f i v e (8 5 ) p e r c e n t u m o f t h e i r p a r v a l u e , u n le s s t h e R a i l 
r o a d C o m p a n y s h a ll c o n s e n t t o th e s a le o f s a id s e c u r it ie s a t a
lo w e r p r ic e .
A n d t h e c o m m i t t e e s h a ll h a v e p o w e r a t a n y t im e , a n d f r o m
t i m e t o t i m e b e f o r e t h e m a t u r i t y o f s a id
S a le o f u n d e r
n o te s , u p o n th e re q u e s t o f th e R a ilr o a d C o m 
ly in g s e c u r i t i e s
o t h e r th a n
p a n y , t o d ir e c t a n d r e q u ir e t h e T ru s t C o m 
b o n d s, b e f o r e
p a n y t o s e ll a n y o r a l l o f t h e u n d e r l y i n g
m a t u r it y o f
n otes.
s e c u r i t i e s o t h e r t h a n s a id b o n d s , i n s u c h
m a n n e r a n d fo r s u ch p r ic e o r p r ic e s as th e R a ilr o a d C o m p a n y
s h a ll d i r e c t a n d t h e c o m m i t t e e a p p r o v e .
A l l m o n e y s r e c e i v e d u p o n s u c h s a le s o f a n y o f t h e u n d e r 
l y i n g s e c u r i t i e s s h a ll b e u s e d a n d a p p li e d b y
n o t e ? b y eT r u s t
th e T ru s t C o m p a n y in th e p a y m e n t o f n o te s
C o.
is s u e d u n d e r a n d s e c u r e d b y t h i s i n d e n t u r e
b y th e p u r c h a s e t h e r e o f a t p r ic e s n o t e x c e e d in g p a r a n d a c 
c r u e d in te r e s t, e ith e r b y p u r c h a s e in t h e o p e n m a r k e t o r b y
in v it in g p r o p o s a ls f o r t h e s a le o f t h e s a m e , a s th e c o m m i tte e
s h a ll d i r e c t .
A l l m o n e y s r e c e i v e d u p o n s a le s o f a n y o f t h e u n d e r l y i n g
s e c u r i t i e s b e f o r e t h e f i r s t d a y o f M a y , 1896,
P r o c e e d s ot s a le s
w h i c h s h a ll n o t h a v e b e e n u s e d i n t h e p u r 
t o be a p p lie d in
paym ent o f
c h a s e o f n o t e s a s a f o r e s a i d , s h a ll b e i n v e s t e d
n o t e s c a l l e d in
b y th e T ru s t C o m p a n y as th e c o m m it t e e m a y
b y lo t.
d ir e c t, a n d to g e th e r w it h s u c h o f th e m o n e y s
a s s h a ll b e r e c e i v e d f r o m a n y s u c h s a le o r s a le s o n o r a f t e r
t h a t d a t e , a s s h a ll n o t h a v e b e e n u s e d in t h e p u r c h a s e o f n o t e s
a s a f o r e s a i d s h a ll, a s s o o n a f t e r t h a t d a t e a s s h a ll b e p r a c t i c 
a b le , b e u s e d t o w a r d t h e p a y m e n t o f th e n o te s h e r e b y s e c u r e d ,
b o t h c o u p o n a n d r e g i s t e r e d , i n t h e m a n n e r f o l l o w i n g , t h a t is
t o s a y : t h e T r u s t C o m p a n y s h a ll , f r o m t i m e t o t i m e , i n t h e
p r e s e n c e o f s u c h m e m b e r s o f t h e c o m m i t t e e a s s h a ll s e e f i t t o
a t t e n d , d e - i g n a t e b y l o t a n d c a l l in f o r p a y m e n t s o m a n y o f
s a id n o t e s a s s a i d p r o c e e d s w i l l s u f f i c e t o p a y w i t h a c c r u e d
i n t e r e s t , h a v i n g f ir s t g i v e n f i v e d a y s ' n o t i c e b y m a i l t o
e a c h m e m b e r o f th e c o m m it t e e o f th e t im e a n d p la c e
a t w h i c h s a id d e s i g n a t i o n
b y l o t is t o b e
m ade The
T r u s t C o m p a n y s h a ll p u b l i s h
once
a w eek
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th re e
w e e k s , in t w o n e w s p a p e r s o f g e n e r a l c ir c u la t io n p u b lis h e d
in th e c itie s o f N e w Y o r k ,
B o s t o n a n d P h ila d e lp h ia , a
n o t i c e o f s u c h d e s i g n a t i o n a n d c a l l , s t a t in g t h e n u m b e r s o f
t h e n o te s s o c a lle d in f o r p a y m e n t a n d th e d a y u p o n w h ic h
s u c h n o t e s w i l l b e p a id , w h i c h d a y s h a ll n o t b e le s s t h a n
n i n e t y d a y s f r o m t h e d a t e o f t h e fir s t p u b l i c a t i o n o f s a id
n o t i c e , a n d i n t e r e s t u p o n t h e n o t e s s o c a l l e d in f o r p a y m e n t
s h a ll c e a s e o n t h e d a y s o n a m e d , a n d t h e n o t e s s o c a l l e d i n f o r
p a y m e n t s h a ll b e c o m e d u e a n d p a y a b l e w i t h a c c r u e d in t e r e s t
o n t h e d a y n a m e d i n s a id n o t i c e ; a n d t h e p r o c e e d s r e c e i v e d
b y t h e T r u s t C o m p a n y f r o m s u c h s a le o r s a le s , o r s o m u c h
t h e r e o f a s s h a ll b e n e c e s s a r y f o r t h e p u r p o s e , s h a ll t h e r e u p o n
b e a p p li e d t o t h e p a y m e n t o f t h e p r i n c i p a l a n d in t e r e s t o f t h e
n o te s s o c a lle d in f o r p a y m e n t.
I n c a s e t h e R a i l r o a d C o m p a n y s h a ll m a k e d e f a u l t in t h e
p a y m e n t o f t h e i n t e r e s t o f a n y o f t h e n o t e s is ea t a n d i ” a le t e o i s u e d u n d e r a n d s e c u r e d b y t h i s i n d e n u n d e r iy t u g e e c u - t u r e , w h e n t h e s a m e s h a ll b e c o m e d u e a n d
p a y a b l e , a c c o r d i n g t o t h e t e n o r o f s a id n o t e s
o r c o u p o n s , a n d i n c a s e a n y s u c h d e f a u l t s h a ll c o n t i n u e f o r t h e

THE CHRONICLE

J une 17, 1893.]

s p a c e o f n i n e t y d a y s , t h e c o m m i t t e e s h a ll h a v e t h e p o w e r t o
d i r e c t t h e T r u s t C o m p a n y t o s e ll s u c h a n d s o m a n y o f t h e
u n d e r l y i n g s e c u r i t i e s a s s h a ll b e n e c e s s a r y t o r e a l i z e a s u m s u f f i
c i e n t t o p a y s u c h i n t e r e s t a n d s h a ll h a v e t h e r i g h t t o d e s i g n a t e
w h i c h o f t h e u n d e r l y i n g s e c u r i t i e s s h a ll b e s o s o l d , o r , in it s o p t i o n ,
t h e c o m m i t t e e s h a ll, u p o n s u c h d e f a u l t , h a v e t h e p o w e r t o d e c l a r e t h e p r i n c i p a l o f a l l s a i d n o t e s t h a t s h a ll
declared^dae*
,l l e n o u t s t a n d i n g t o b e f o r t h w i t h d u e a n d
p a y a b le , a n y t h i n g h e r e in c o n t a i n e d t o t h e
c o n t r a r y n o t w i t h s t a n d i n g , a n d in c a s e t h e c o m m i t t e e s h a ll s o
d e c la r e t h e p r in c ip a l o f s l i d n o te s to b e d u e a n d p a y a b le , o r
i n c a s e t h e R a i l r o a d C o m p a n y s h a ll m a k e d e f a u l t i n t h e p a y 
m e n t o f t h e p r i n c i p a l o f a n y o f t h e n o t e s isp a l “ l a " £ i o u «'i"
s u e d u d e r a n d s e c u r e d b y t h is i n d e n t u r e
u n d e r 1r i n f s e e n - w h e n t h e s a m e s h a ll b e c o m e d u e a n d p a y 
a b l e a c c o r d i n g t o t h e t e n o r o f s a id n o t e s , a n d
in c a s e a n y s u c h d e f a u l t s h a ll c o n t i n u e f o r a s p a c e o f n i n e t y
d a y s , it s h a ll b e l a w f u l f o r t h e T r u s t C o m p a n y , a n d it
s h a l l b e it s d u t y , t o s e ll a n d d i s p o s e o f , w h e n a n d in s u c h
m a n n e r a n d f o r s u c h p r i c e o r p r i c e s a s s h a ll b e d e t e r m in e d b y
t h e c o m m it t e e , s u c h a n d s o m a n y o f th e u n d e r ly in g s e cu r itie s
a s s h a ll b e n e c e s s a r y t o p a y t h e e x p e n s e s o f t h is t r u s t a n d t o
r e a l i z e a s u m , in g o l d c o i n o f t h e U n i t e d S ta t e s o f t h e p r e s e n t
s t a n d a r d o f w e i g h t a n d fin e n e s s , s u f f i c i e n t t o p a y a n d d i s 
c h a r g e t h e p r in c ip a l a n d in te r e s t o f a ll th e p r o m is s o r y n o te s
o f t h e R a i l r o a d C o m p a n y t h e n o u t s t a n d i n g w h i c h s h a ll h a r e
b e e n i s s u e d u n d e r a n d s e c u r e d b y t h is i n d e n t u r e : a n d i t s h a ll
b e th e d u t y o f th e T ru s t C o m p a n y to a p p ly th e n e t p ro c e e d s o f
s u c h s a le o r s a le s , fir s t, t o t h e p a y m e n t o f t h e e x p e n s e s o f t h is
tr u s t, a n d , n e x t , t o th e p a y m e n t o f th e p r in c ip a l a n d in te re s t
o f t h e s a i d p r o m i s s o r y n o t e s t h a t s h a ll t h e n b e o u t s t a n d i n g ,
w it h o u t d is c r im in a t io n o r p r e fe r e n c e , b u t ra ta b ly t o th e
a g g r e g a t e a m o u n t o f s u c h u n p a id p r in c ip a l a n d in te r e s t, a n d
i f a fte r th e p a y m e n t in fu ll o f s u ch
p r in c ip a l a n d in 
t e r e s t a s u r p l u s o f s a id p r o c e e d s s h a ll r e m a i n , t h e T r u s t C o m 
p a n y s h a ll p a y t h e s a m e t o t h e R a i l r o a d C o m p a n y a n d d e l iv e r
t o i t a ll t h e u n d e r ly in g s e c u r itie s t h e n r e m a in in g u n s o ld
T h e c o m m i t t e e s h a ll h a v e p o w e r , i n its d i s c r e t i o n , t o d i r e c t
a n d r e q u ir e th e T r u s t C o m p a n y t o w a iv e
d e f a u l t o n rn o t e s . a n J d e f a u l t b y t h e R a i l r o a d C o m y a n y in t h e
p a y m e n t o f t h e p r i n c i p a l o r in t e r e s t o f a n y
o f s a id n o t e s , b u t n o a c t i o n b y t h e T r u s t C o m p a n y o r t h e c o m 
m i t t e e i n w a i v i n g a n y s u c h d e f a u l t s h a ll e x t e n d t o o r b e t a k e n
t o a p p ly to o r a ffe c t a n y s u b s e q u e n t d e fa u lt o r im p a ir th e
r ig h t s o f t h e T ru s t C o m p a n y o r t h e c o m m it t e e r e s u lt in g f r o m
s u c h s u b s e q u e n t d e fa u lt.
A t a n y p u b l i c s a le o f t h e w h o l e o r a n y p a r t o f t h e u n d e r l y 
i n g s e c u r i t i e s , w h e t h e r s u c h s a le s h a ll b e
S e c u r itie s n ot
b r in g in g m in i
m a d e b e f o r e t h e m a t u r it y o f s a id n o t e s o r
m um
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at
a fte r d e fa u lt h e r e u n d e r b y th e R a ilr o a d
p u b lic s a le t o b e
b id in
by th e
C o m p a n y ,t h e c o m m i t t e e s h a ll h a v e t h e r i g h t ,
T ru st C o.
w it h th e a p p r o v a l o f th e h o ld e r s o f a m a 
j o r i t y in a m o u n t o f th e th e n o u t s ta n d in g n o te s , t o fix a m in i
m u m p r i c e u p o n a ll o r a n y o f s a id s e c u r i t i e s , a n d i n c a s e t h e
h i g h e s t p r i c e o f f e r e d a t s u c h s a l e f o r a n y o f s a id s e c u r i t i e s is
le s s t h a n t h e m i n i m u m p r i c e s o f i x e d i n r e s p e c t t h e r e o f , s u c h
s e c u r i t i e s s h a ll b e b o u g h t i n b y t h e T r u s t C o m p a n y , a n d
w h e n s o b o u g h t i n s h a ll b e h e l d b y t h e T r u s t C o m p a n y , a s
b e fo r e , s u b je c t t o th e p r o v is io n s o f t h is in d e n t u r e .
A R T IC L E S E V E N .
U p o n a n y p u r c h a s e o r s a le o f a n y c o u p o n s b e l o n g i n g t o a n y
o f th e n o te s h e r e b y s e cu re d o r u p o n a n y a d 
D eta ch ed
v a n c e o r l o a n m a d e u p o n a n y o f s a id c o u p o n s
c o u p o n s*
o n o r a ft e r th e d a te o f m a t u r it y o f s u ch
p a r t ic u la r c o u p o n s , t h e c o u p o n s s o p u r c h a s e d o r s o ld o r a d 
v a n c e d o r l o a n e d u p o n s h a ll n o t b e d e e m e d t o b e s e c u r e d b y
o r o t h e r w i s e w i t h i n t h e t r u s t s o f t h i s i n d e n t u r e , u n le s s a c c o m 
p a n ie d b y th e n o t e o r n o te s t o w h ic h th e s a m e o r ig in a lly b e 
lo n g e d , e x c e p t a fte r p a y m e n t in fu ll o f t h e p r in c ip a l, a n d
in te r e s t o f a ll th e n o te s t o b e is s u e d h e r e u n d e r a n d o f a li th e
c o u p o n s n o t s o p u r c h a s e d , s o ld , l o a n e d o r a d v a n c e d u p o n .
A R T IC L E E IG H T .
I t is f u r t h e r m u t u a l l y a g r e e d t h a t t h e R a i l r o a d C o m p a n y
m a y a t a n y t im e a n d f r o m t im e t o t im e
m a y ‘c a l l jo < °‘
~
a f t e r t h e fi r s t d a y o f M a y , 1 89 6 , a n d b e f o r e
n o t e s b e i'o re
t h e m a t u r i t y o f s a id n o t e s , a t its o p t i o n , c a l l
i n a n d p a y a l l o r a n y n u m b e r o f s a id n o t e s ,
a t p a r a n d a c c r u e d in t e r e s t .
I f t h e R a i l r o a d C o m p a n y s h a ll
e le c t t o c a ll in a n d p a y a ll o f s a id n o t e s t h e n o u t s ta n d in g , it
s h a ll d e p o s i t w i t h t h e T r u s t C o m p a n y a s u m o f m o n e y s u f f i 
c i e n t f o r t h a t p u r p o s e , a n d s h a ll g i v e t h e c o m m i t t e e a n d t h e
T r u s t C o m p a n y w r i t t e n n o t i c e .s ta tin g t h e t i m e w h e n s a id
n o t e s w i l l b e p a id , w h i c h s h a ll n o t b e le ss t h a n n i n e t y d a y s
f r o m t h e fi r s t p u b l i c a t i o n o f t h e n o t i c e n e x t h e r e i n a f t e r p r o 
v i d e d f o r , a n d s h a ll p u b l i s h n o t i c e t h e r e o f O D ce a w e e k f o r
t h r e e w e e k s in t w o n e w s p a p e r s o f g e n e r a l c ir c u la t io n p u b lis h e d
in t h e c it ie s o f N e w Y o r k , B o s t o n a n d P h ila d e lp h ia , a n d t h e r e 
u p o n a il o f s a id n o t e s t h e n o u t s t a n d i n g , w i t h t h e a c c r u e d
in t e r e s t t h e r e o n , s h a ll b e c o m e d u e a n d p a y a b le a t t h e t i m e
n a m e d in s a id n o t i c e , a n d i n t e r e s t t h e r e o n s h a ll c e a s e f r o m
th a t day.
I f t h e R a i l r o a d C o m p a n y s h a ll e l e c t t o c a l l i n a n d
p a y o n l y a p a r t o f t h e n o t e s t h e n o u t s t a n d i n g , i t s h a ll g i v e t h e
T r u s t C o m p a n y a n d t h e c o m m i t t e e n o t i c e , in w r i t i n g , o f t h e
a m o u n t o f n o t e s w h i c h it e l e c t s t o c a l l in a n d p a y , a n d s h a ll
d e p o s it w it h th e T r u s t C o m p a n y a s u m o f m o n e y s u ffic ie n t f o r
t h a t p u r p o s e , a n d t h e r e u p o n t h e T r u s t C o m p a n y s h a ll d e s i g 
n a te b y lo t in th e m a n n e r h e r e in b e fo r e p r o v id e d c o n c e r n in g
n o t e s t o b e c a l l e d in f o r p a y m e n t b y t h e T r u s t C o m p a n y , t h e
n o t e s t o b e c a l l e d in a n d p a id , a n d p u b l i s h n o t i c e t h e r e o f i n
t h e m a n n e r h e r e in b e fo r e p r o v id e d , a n d th e r e u p o n th e n o te s

1019

s o c a l l e d in s h a ll b e c o m e d u e a n d p a y a b l e w i t h t h e a c c r u e d
i n t e r e s t t h e r e o n a t t h e t i m e n a m e d in s a i d n o t i c e , a n d in t e r e s t
o n t h e n o t e s s o c a l l e d in B hali c e a s e o n t h a t d a y .
U p o n th e
p a y m e n t o f s u c h n o t e s , o r i f t h e R a i l r o a d C o m p a n y s h a ll a c 
q u i r e a n y o f s a id n o t e s a n d d e l i v e r t h e s a m e t o t h e T r u s t C o m 
p a n y fo r c a n c e lla t io n , th e n a n d in e ith e r s u c h ca s e th e R a il
r o a d C o m p a n y s h a ll b e e n t i t l e d t o r e c e i v e a n d h a v e d e l i v e r e d
t o i t b y t h e T r u s t C o m p a n y , r e le a s e d f r o m t h e l i e n o f t h is
t r u s t , B u ch a n a m o u n t f r o m e a c h c la s s o f t h e u n d e r l y i n g
s e c u r i t i e s a s t h e n o t e s s o p a id o r a c q u i r e d b y i t , a n d s o d e l i v 
e r e d f o r c a n c e l l a t i o n , s h a ll b e a r t o t h e t o t a l a m o u n t o f t h e
n o te s th e n o u t s ta n d in g .
A R T IC L E N IN E .
u t u a lly c o v e n a n t e d a n d a g r e e d b y a n d bet w e e n t h e p a r t ie s h e r e t o t h a t t h e s o le p o w e r
o f v o t i n g o n t h e s h a r e s o f s t o c k w h i c h s h a ll
f ° r m p a r t o f t h e u n d e r l y i n g s e c u r i t i e s s h a ll
b e a n d r e m a in in t h e c o m m it t e e i r r e v o c a b ly ,
a n d f o r th a t p u r p o s e a n d to e n a b le th e c o m m it t e e to e x e r c is e
s a i d s o le p o w e r o f v o t i n g , t h e T r u s t C o m p a n y s h a ll f r o m t i m e
t o t im e , o n r e q u e s t o f t h e c o m m i t t e e , m a k e a n d g i v e t h e
n e c e s s a r y a n d s u ffic ie n t p o w e r s o f a tto r n e y to s u c h p r o x y o r
p r o x i e s a s t h e c o m m i t t e e s h a ll f r o m t i m e t o t i m e d e s i g n a t e ,
a n d o n l i k e r e q u e s t t h e T r u s t C o m p a n y s h a ll a n d w i l l a s s ig n
a n d d e l i v e r t o t h e p e r s o n s w h o a r e , o r w h o s h a ll h e r e a f t e r
f r o m t im e to t im e b e c o m e , d ir e c t o r s o r o ffic e r s o f t h e c o r p o r a 
t io n s t h e s h a r e s o f w h o s e c a p i t a l s t o c k s h a ll f o r m a p a r t o f t h e
u n d e r ly in g s e c u r itie s , c e r tific a te s f o r a s u ffic ie n t n u m b e r o f
s h a r e s o f t h e c a p i t a l s t o c k o f s a id r e s p e c t i v e c o r p o r a t i o n s t o
q u a l i f y s a id d i r e c t o r s a n d o f f i c e r s t o a c t a s s u c h .
A n d s o l o n g a s n o d e f a u l t a s a f o r e s a i d s h a ll b e m a d e b y t h e
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t o r n e y o r o t h e r i n s t r u m e n t s t o e n a b l e i t o r it s a s s i g n s t o c o l 
l e c t a n d r e c e i v e a l l d i v i d e n d s t h a t s h a ll b e d e c l a r e d o n t h e
s h a r e s o f s t o c k w h i c h s h a ll f o r m p a r t o f t h e u n d e r l y i n g
s e c u r i t i e s , a n d o n a l l s h a r e s o f s t o c k r e p r e s e n t e d b y s a id b e n e 
f i c i a l c e r t i f i c a t e s , a n d a l l t h e i n c o m e a n d p r o f it s t h a t s h a ll
a c c r u e 1 1 th e R a ilr o a d C o m p a n y o r to th e T ru st C o m p a n y as
i t s a s s i g n e e u n d e r t h e s a i d c o n t r a c t o f M a y 1 , 1 8 9 3 , w i t h s a id
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T h e R a ilr o a d C o m p a n y fu r t h e r a g r e e s th a t it w ill p r o c u r e
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g a g e in a d d i t i o n t o t h e s i x m il l i o n s o f d o l la r s o f b o n d s o f t h a t
c o m p a n y a s s i g n e d t o t h e T r u s t C o m p a n y u n d e r t h is i n d e n t u r e ,
u n t i l a ll o f t h e n o t e s s e c u r e d b y t h is i n d e n t u r e s h a ll h a v e b e e n
f u l l y p a id , p r i n c i p a l a n d in t e r e s t , o r t h e i r p a y m e n t a d e q u a t e l y
p r o v id e d f o r b y t h e d e p o s it w it h th e T r u s t C o m p a n y o f a s u m
o f m o n e y s u f f i c i e n t f o r t h a t p u r p o s e , o r u n t i l t h e s a id § 6 ,0 0 0 ,000 o f b o n d s o f s a i d C h i c a g o & C a l u m e t T e r m i n a l R a i l w a y
C o m p a n y s h a ll h a v e b e e n s o l d b y t h e T r u s t C o m p m y p u r 
s u a n t to th e t e r m s o f th is in d e n tu r e .
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b onds m ay be
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a n d h a v e d e liv e r e d t o it b y th e T ru st C o m p a n y t h e s a id . 5 ,000,000 o f b o n d s o f t h e s a id C h i c a g o &
C a lu m e t T e r m in a l R a ilw a y C o m p a n y , o r u p o n s im ila r p a y 
m e n t o f a n y p o r t i o n o f s a id § 4 ,5 0 0 ,0 0 0 s h a ll b e e n t i t l e d , w i t h
th e c o n s e n t o f th e c o m m it t e e , t o r e c e iv e a n d h a v e d e liv e r e d
t o i t a p r o r a t a a m o u u t in s a id b o n d s , a n d a l l s a i d b o n d s s o t o
b e r e c e i v e d s h a ll b e r e l e a s e d a n d d i s c h a r g e d f r o m t h e t r u s t s
o f t h is i n d e n t u r e .
A n d th e s u m s o r e c e iv e d b y t h e T ru s t
C o m p a n y s h a ll b e u s e d a n d a p p l i e d b y i t t o w a r d s t h e p a y m e n t
o f t h e n o t e s t o b e i s s u e d h e r e u n d e r , b y c a l l i n g an f o r p a y m e n t ,
in t h e m a n n e r p r o v i d e d in t h e s i x t h a r t i c l e o f t h is i n d e n t u r e ,
s u c h a n a m o u n t o f s a id n o t e s a s t h e s u m s o r e c e i v e d w i l l
s u ffic e t o p a y .

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A R T IC L E E L E V E N .
I t is f u r t h e r m u t u a l l y a g r e e d t h a t t h e R a i l r o a d C o m p a n y
a n d t h e T r u s t C o m p a n y s h a ll a t a ll r e a s o n I n s p e c i io n o f
a b i e t im e s b e p e r m i t t e d t o i n s p e c t a n d t a k e
a cco u n ts !*
e x tra cts fr o m o r c o p y th e b o o k s, p a p ers a n d
a c c o u n t s o f th e c o m m it t e e , a n d th a t th e
c o m m i t t e e s h a ll a n d w i l l c o m p l y w i t h a l l r e a s o n a b l e r e q u e s t s
m a d e e ith e r b y th e T ru s t C o m p a n y o r b y th e R a ilr o a d C o m 
p a n y fo r c e r tifie d c o p ie s t h e r e o f; a n d th e R a ilr o a d C o m p a n y
a n d t h e c o m m i t t e e s h a ll a t a ll r e a s o n a b l e t i m e s b e p e r m i t t e d
t o in s p e c t a n d ta k e e x t r a c t s f r o m o r c o p y th e b o o k s , p a p e rs
a n d a c c o u n t s o f t h e T r u s t C o m p a n y r e l a t i n g t o o r in a n y w a y
a f f e c t i n g t h e t r u s t e s t a t e , a n d t h a t t h e T r u s t C o m p a n y s h a ll
a n d w i l l c o m p l y w i t h a ll r e a s o n a b l e r e q u e s t s m a d e e i t h e r b y
th e c o m m it t e e o r th e R a ilr o a d C o m p a n y f o r c e r tifie d c o p ie s
t h e r e o f ; a n d t h e c o m m i t t e e , a t a l l r e a s o n a b l e t im e s , s h a ll b e
p e r m itt e d t o in s p e c t th e b o o k s , p a p e rs a n d a c c o u n t s o f t h e
R a i l r o a d C o m p a n y , a n d t h e R a i l r o a d C o m p a n y s h a ll a n d w i l l

THE CHRONICLE.

1020

c o m p ly w it h a ll r e a s o n a b le r e q u e s ts m a d e b y th e c o m m it t e e
fo r th a t p u rp ose.

J lx e

A R T IC L E T W E L V E .
T h e w o r d s “ th e T r u s t C o m p a n y ” w h e n a n d a s u s e d in th is
_ ..
.
i n d e n t u r e s h a ll , f o r a l l p u r p o s e s , b e t a k e n t o
c o m p e n s a t io n
m ea n a n d in c lu d e th e co r p o r a tio n o r c o r p o r o t’ a r u s t C o .
a tio n s o r th e p e rs o n o r p e r s o n s c h a r g e d f o r
th e t im e b e in g w it h th e e x e c u t io n o f th e tru s ts h e r e b y c r e 
a te d , w h e th e r th e s a m e be th e p a r ty o f th e s e c o n d p a rt o r a u y
s u c c e s s o r o r s u c c e s s o r s iu t h e s a id t r u s t s .
T h e T r u s t C o m p a n y s h a ll k e e p t h e u n d e r l y i n g s e c u r i t i e s in
s u c h s a f e d e p o s i t o r y in t h e c i t y o f N e w Y o r k as s h a ll b e d e s i g 
n a t e d b y t h e c o m m i t t e e , o r in d e f a u l t o f s u c h d i s ig n a t io n t h e n
i n s u c h d e p o s i t o r y in s a i d c i t y a s s h a ll b e s e le c t e d b y t h e T r u s t
C om pany.
T h e T r u s t C o m p a n y s h a ll b e e n t i t l e d t o j u s t c o m p e n s a t i o n
f o r a ll s e r v i c e s i t m a y r e n d e r a n d t o b e r e i m b u r s e d f o r a l l
r e a s o n a b l e e x p e n s e s p a i d b y it in t h e e x e c u t i o n o f s a i d t r u s t s .
T h e T ru s t C o m p a n y m a y r e s ig n a n d b e d is c h a r g e d fr o m th e
tru sts h e r e b y c r e a te d u p o n g iv in g n o t ic e in w r it in g t o th e
c o m m i t t e e a n d t o t h e R a i l r o a d C o m p a n y a t le a s t o n e m o n t h
b e f o i e s u c h r e s i g n a t i o n s h a ll t a k e e f f e c t , o r s u c h s h o r t e r
p e r i o d a s t h e c o m m i t t e e a n d t h e R a i l r o a d C o m p a n y s h a ll c o n 
s e n t t o a c c e p t a s s u f f i c i e n t n o t i c e ; a n d in c a s e o f s u c h r e s i g 
n a t i o n a n e w t r u s t e e s h a ll b e a p p o i n t e d b y t h e C o m m i t t e e b y
a n i n s t r u m e n t in w r i t i n g , s i g n e d a n d a c k n o w l e d g e d b y a
m a j o r i t y o f t h e w h o le n u m b e r o f t h e c o m m it t e e , a n d iu
c a s e o f s u c h r e s i g n a t i o n t h e T r u s t C o m p a n y s h a ll f o r t h w i t h
d e l i v e r t o t h e n e w t r u s t e e a ll t h e u n d e r l y i n g s e c u r i t i e s t h e n
i n it s p o s s e s s io n o r u n d e r its c o n t r o l , t o g e t h e r w i t h a ll m o n e y s
o r o t h e r p r o p e r t y b e l o n g i n g t o t h e t r u s t e s ta t e .
A R T IC L E T H IR T E E N .
I t is f u r t h e r m u t u a l l y c o v e n a n t e d a n d a g r e e d t h a t w h e n
a n y o r a l l o f t h e n o t e s t o b e is s u e d u n d e r
Bot°e“ t o b e ’ c S a t h i s i n d e n t u r e s h a ll b e p a i d , p r i n c i p a l a n d
ce t e d a n d t r u s t
i n t e r t s t , t h e y s h a ll h e c a n c e l e d a n d d e l i v c b a r g e d .® d ls ”
d to th e R a ilr o a d C o m p a n y , to g e th e r
w ith th e co u p o n s th e r e to b e lo n g in g , a n d
w h e n e v e r a il o f s a id n o te s s h a ll b e f u i i y p a id , p r in c ip a l a n d
i n t e r e s t , o r t h e ir p a y m e n t a d e q u a t e l y p r o v i d e d f o r b y t h e d e 
p o s it w it h t h e T ru s t C o m p a n y o f a s u m o f m o n e y s u ffic ie n t
f o r t h a t p u r p o s e , t h i s i n d e n t u r e s h a ll b e d i s c h a r g e d b y t h e
T r u s t C o m p a n y o r its s u c c e s s o r , b y a p p r o p r i a t e i n s t r u m e n t o r
in s tr u m e n ts in w r it in g , a n d a ll th e u n d e r ly in g s e c u r itie s a n d
o t h e r p r o p e r ly f o r m i n g th e tru s t e s ta te , e x c e p t t h e m o n e y s r e 
q u i r e d t o p a y t h e t h e n o u t s t a n d i n g n o t e s , w i t h i n t e r e s t , s h a ll
b e a s s ig n e d , t r a n s fe r r e d a n d d e liv e r e d t o th e r a ilr o a d c o m p a n y .
A R T IC L E

FOURTEEN .

T h e R a ilr o a d C o m p a n y fu r t h e r c o v e n a n t s a n d a g re e s th a t
it v ill, fr o m t im e t o t im e , d o o r ca u s e t o b e
F u r t h e r As
d o n e a ll s u c h a c ts a n d w i l l e x e c u t e o r c a u s e
su ra n ces.
*
t o b e e x e c u t e d a l l s u c h i n s t r u m e n t s a s s h a ll
b e n e ce ssa ry o r p r o p e r to c a r r y in to e ffe c t th e p u rp o s e s a n d
i n t e n t i o n o f t h e p a r t ie s h e r e t o a s e x p r e s s e d i n t h is i n d e n t u r e ,
a n d t o m a k e s u c h fu r th e r tra n s fe rs a n d a ss u ra n ce s t o th e
T r u s t C o m p a n y a s s h a ll f r o m t i m e t o t i m e b e n e c e s s a r y o r
i v o p o r to v e s t in th e T ru s t C o m p a n y a ll th e u n d e r ly in g s e c u A R T IC L E F IF T E E N .
I t is e x p r e s s l y d e c l a r e d a n d a g r e e d t h a t t h e m a r g i n a l n o t e s
M a r g in a l n o te s
1 ° a n d u p o n t h is i n d e n t u i e a r e f o r c o n v e t e x t ° a n 'e ct
n i e n c e o n l y , a n d s h a ll n o t a f f e c t t h e i n t e r 
p r e ta tio n o f th e t e x t .
I n w i t n e s s w h e r e o f , t h e p a r t y o f t h e fir s t p a r t h a s c a u s e d
t h e s e p r e s e n t s t o b e s i g n e d b y its p r e s i d e n t , a n d its c o r p o r a t e
s e a l, a t t e s t e d b y it s s e c r e t a r y , t o b e h e r e t o ' a f f i x e d ; a n d t h e
p a r t y o f th e s e c o n d p a rt, to e v id e n c e its a c c e p t a n c e o f th e
t r u s ls b y t h is in d e n t u r e c r e a t e d , h a s c a u s e d t h e s e p r e s e n t s t o
b e s ig n e d b y its p r e s i d e n t , a n d it s c o r p o r a t e s e a l, a t t e s t e d b y
t o - b, h e r e t o a f f i x e d ; a n d t h e m e m b e r s o f t h e
e
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COMMERCIAL

J in x e s *

EPITOME.

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s w in e a t p r im a r y p o in ts a n d in re s p o n s e to w e a k e r a d v ic e s
fr o m th e W e st.
D A I L Y CLOSIN G P R IC E S O P L A R D F U T U R E S .

S a t.

J u n e d e liv e r y ................ . . o . 1 0 2 0
July d e l i v e r y ...................o. 10 4 0
S eptem b er d e liv e r y ___ e. 10-90

W ed .

T h u rs.

F ri.

lo -io
10 20 1 0 1 5
10 35
10-4 5 10-4 0
10-8 5
10-95
1 0 -9 0

M on.

T u cs.

10-05
1 0 -3 0
10 80

10 05
10-2 5
1 0-8 0

P o r k h a s c o n tin u e d in s lo w d e m a n d , b u t p r ic e s h a v e b e e n
l o w e r e d a t r i f l e , c l o s i n g a t 19 50 B $ 2 0 f o r m e s s , § 2 0 5 0 @ § 2 2 f o r
s h o r t c le a r a n d § 2 1 ® § 2 1 50 f o r f a m ily .
G’ u t m e a t s h a v e b e e n
i n l i g h t r e q u e s t b u t a b o u t s t e a d y , c l o s in g a t 1 1 1 4 (3 12c. f o r
p i c k l e d b e l li e s , 1 0 @ 1 2 lb s . a v e r a g e , 1 2 J 4 @ 1 3 c . f o r p i c k l e d
ham s and
B l j c . f o r p i c k l e d s h o u ld e r s ." B e e f i s q u i e t a n d
u n c h a n g e d a t §7 5 0 ® §8 f o r e x tr a m ess, §9 @ §1 0 fo r p a ck e t,
§ 1 0 ® §12 fo r fa m ily a n d §1 5 ® §17 fo r e x tr a In d ia m ess. B e e f
h a m s a r e q u i e t a n d e a s i e r a t § 1 7 2 5 @ § 1 7 5 0. T a l l o w h a s b e e n
m o d e r a t e ly a c t iv e a t d e c lin in g p r ic e s , a n d t h e c lo s e w a s e a s y a t
4% @ 4% c.
L a r d s t e a r i n e is u n c h a n g e d a t l l % @ 1 2 c . i n h h d s
a n d tcs .
O l e o s t e a r in e h a s d e c l i n e d t o 8 j ^ c .
C o tt o n s eed o il
is q u i e t a n d u n c h a n g e d a t 4 0 c . f o r p r i m e c r u d e a n d 4 4 @ 4 6 c .
f o r p r im e y e llo w . B u tte r is q u ie t a n d u n c h a n g e d a t 1 6 @ 2 0 f^ c .
f o r c r e a m e r y . C h e e s e is f a i r l y a c t i v e a n d s t e a d y a t 7 % @ 9 » £ c .
f o r S ta te f a c t o r y fu ll c r e a m .
F re sh e g g s a re d u ll a n d lo w e r
a t 1 4@ 1 4J ^ c. f o r W e s te r n .
C o f f e e b a s b e e n g r e a t l y n e g l e c t e d b y a l l c la s s e s o f b u y e r s ,
a n d g r a d u a l l y d e c l i n e d i n v a l u e . R i o q u o t e d a t 16 trie, f o r N o .
7 ; g o o d C u c u t a a t SOj-.jc. a n d i n t e r i o r P a d a D g 2 3 J ^ @ 2 4 J ^ c .
C o n tra cts h a v e u n d e r g o n e a c o u r s e o f g r a d u a l liq u id a t io n a t
d e c lin in g p r ic e s u n til to -d a y , w h e n a d e m a n d to c o v e r s h o rt
e n g a g e m e n t s g iv e s th e c lo s in g to n e a little m o r e c h a r a c te r .
T h e fo llo w in g a re th e fin a l a s k in g p r ic e s :
J u n e . . . . . . . . . . . 1 5 o 5 c . I S e p t . . . . . . . ...... 14 9 5 o. i D e e ......................1 4 -6 5 o.
J u l y . . . ............... 1 t 2 0 c. O ct..................... 14 80o. J a n .. ...................1 4 -6 0 c.
A u g ..................... 1 5 -1 0 e . |N o v .................... 1 4 - 7 0 0 .1 F e b ......................1 4 6 0 c.
R a w s u g a r s s o ld w it h g r e a t e r fr e e d o m o n s p o t a n d t o a r r iv e
a t a d v a n c e d c o s t , a n d t h e s ta t is t ic a l p o s it io n n o w g r e a t ly
fa v o r in g h o ld e r s , th e m a r k e t s h o w s s tr e n g th . C e n tr ifu g a l
q u o t e d a t 4 } 4 c . f o r 9 6 d e g . t e s t a n d m u s c o v a d o a t 3 % c . f o r 89
d e g . test.
R e f in e d s u g a r s s o l d w i t h g r e a t e r f r e e d o m a t h i g h e r
p i i c e s ; g r a n u la te d q u o t e d a t 5 9 -1 6c.
T ea s a n d s p ic e s a r e
w e a k in to n e .
K e n t u c k y t o b a c c o c o n tin u e s in s lo w d e m a n d , b u t p r ic e s
a r e fir m ly m a in ta in e d .
S a le s w e r e a b o u t 175 h h d s .
S eed
le a f t o b a c c o w a s m o d e r a t e ly a c t iv e a n d s te a d y .
S a le s f o r
t h e w e e k w e r e 1 ,5 3 0 c a s e s , a s f o l l o w s : 2 5 0 c a s t s 1891 c r o p ,
Z i m m e r ’ s S p a n is h , l l @ 1 4 J ^ c ; 100 c a s e s 1891 c r o p , D u t c h , 1 2 @
1 3 c ,; 300 c a s e s 1891 c r o p , O h i o , 8 % ® l l c . ; 380 c a s e s 1891 c r o p ,
W i s c o n s i n H a v a n a , 8 ^ @ l l c . ; 50 c a s e s 1890 c r o p , W i s c o n s i n
H a v a n a , 1 4 @ 1 7 c .; 100 c a s e s 1891 c r o p , N e w E n g l a n d H a v a n a ,
2 5 @ 5 0 c .; 100 c a s e s 1891 c r o p , P e n n s y l v a n i a H a v a n a , 1 3 % @
3 0 c .; 150 c a s e s 1891 c r o p , P e n n s y l v a n i a s e e d l e a f , l l @ 1 4 c . ,
a n d 100 c a s e s s u n d r i e s , 6 ® 2 8 c .; a l s o 800 b a le s H a v a n a , 7 0 c . @
§1 10 a n d 4 0 0 b a l e s S u m a t r a , § 2 6 0 ® § 4 10.
T h e r e b a s b e e n a b r i s k s p e c u l a t i o n i n S t r a it s t i n a n d p r i c e s
h a v e a d v a n c e d o n a d e m a n d f r o m “ s h o rts” to c o v e r c o n tr a c ts ,
s tim u la te d b y s tr o n g e r fo r e ig n a d v ic e s a n d th e c lo -e w a s fir m
a t 2 0 -1 0 @ 2(J-15c. S a le s f o r t h e w e e k w e r e a b o u t 800 t o n 3 .
I n g o t c o p p e r w a s fr e e ly o ffe r e d b y p ro d u c e rs a n d p r ic e s h a v e
d e c l i n e d , c l o s i n g w e a k a t 10 6 0 c . f o r L a k e . L e a d w a s d u l l a n d
l o w e r in r e s p o n s e t o e a s i e r a d v i c e s f r o m t h e W e s t , c l o s i n g
w e a k a t 3 -6 2 J 4 c. f o r d o m e s t i c . P i g i r o n w a s d u l l , b u t s t e a d y a t
§ 1 2 7 5 @ § 1 5 507
R e f i n e d p e t r o l e u m is w i t h o u t c h a n g e a n d d u l l a t 5 -2 5 c . i n
b b l s ., 2 '7 5 c . i n b u l k a n d 5 ‘ 8 5 c . in c a s e s ; c r u d e i n b b l s . is u n 
c h a n g e d , W a s h i n g t o n c l o s i n g q u i e t a t 5 c . i n b b l s . a n d 2 '5 0 c .
in b u l k ; n a p h t h a 5 } £ c .
C ru d e ce r tific a te s h a v e b e e n n e g 
le c te d a n d th e c lo s e w a s lo w e r a t 6 2 ^ 0 2 1 j c .
S p i r it s t u r p e n 
t in e h a s a d v a n c e d a n d t h e c l o s e w a s f i r m a t 2 9 J £ @ 3 0 c .
R o s i n s h a v e d e c l i n e d f o r t h e l o w g r a d e s , c l o s i n g a t § 1 2 0 ; a $ l 25
fo r c o m m o n a n d g o o d s tr a in e d .
W o o l is a t r i f l e s t e a d i e r b u t
d u ll.
H o p s a re fa ir ly a c t iv e a n d fir m .

THE CHRONICLE.

J une 17, 1893.]

C O T T O N .
Friday Night, June 18, 1893.
T h e M o v e m e n t o p t h e C h o p , as indicated b y our telegrams
f r o m the South to-night, is given below. For the week ending
this evening the total receipts have reached 20,870 bales,
against 23,298 bales last week and 25,533 bales the previous
w e e k , making the total receipts since the 1st of S e p t . , 1892,
4,951,378 bales, against 7,013,208 bales for the same period of
1 3 9 1 -2 , showing a decrease since S e p . 1, 1892, of 2,061,928 bale?.
R e c e ip ts a t—

S a t.

G a lv e s t o n ..........
E l P a so, & e ..
N e w O r le a n s ...
F l o r i d a ...............
S a v a im a li..........
B ru n sw ’ k,& e.
C h a r le s to n ........
P t. R o y a l, A c.
W ilm in g to n ___
W ash’ to n , &c.
N o r fo lk ...............

M on.

......
.........
1,501
5
408
..........
92
......
30
......
2
45

T u es.

467
......
2 ,235
31
1 ,1 7 2
......
235
......
81
......
48
108

W ed .

18
......
2 ,6 8 7

509
.........
432
89

870
......
30
......
2
......
314
2 08

T fiu r s.

4 09
......
67
..........
40
......
294
100

65 L
......
49
......
4
......
332

Total-

70
936
127

1 ,6 3 2
986
9 ,2 3 0
140

264
......
4 35
..........
28
......
209

3 ,7 7 4
......
9 17
185

......

N ’p o r t N ., & c.
B o s t o n .............

280
57

27

178

73

1 ,2 2 9
4 61
178
230
521
623
720
2 0 ,6 7 6

166

P h ila d e lp h ’ a & c

35

9

94

136

122

198
623
324

T o t ’ls this w eek

2 ,145

4 ,3 8 6

4 ,5 9 9

2 ,2 4 2

4 ,0 6 2

3 ,4 4 2

T h e f o l l o w i n g s h o w s th e w e e k ’ s to ta l r e c e ip t s , t h e t o ta l s in c e
S e p t . 1, 1 8 9 2 , a n d t h e s t o c k t o - n i g h t , c o m p a r e d w i t h l a s t y e a r .
R e c e ip ts to
J u n e 16.

G a lv e s t o u ...
E l P a so , <fcc
N e w O rleans
M o b ile .......
F l o r i d a ..........
S avannah...

1 8 9 1 -9 2 .

1 8 9 2 -9 3 .
T h is
W ee k .

S in c e S ep .

1 ,1 8 9 2 .

T h is
W eek

S to c k .

S in c e S ep.

1 ,1 8 9 1 .

C h a r le s t o n ..
P. R o y a l, &c
W ilm in g to n ..
W ash ’n, & c
N o r f o l k .........
W e st P o in t
N ’ p ’ tN .,& o
N e w Y o r k ...
B o s t o n ..........
B a lt im o r e ...
P k ila d e l., &c.

1 ,6 3 2 1 ,0 3 1 ,7 8 2
5 5 ,0 6 3
986
9 ,2 3 0 1,5443363
140 1 6 7 ,0 2 1
28,1 23
3 ,7 7 4 7 6 6 ,1 9 8
140 ,26 5
917
2 8 0 ,0 1 7
427
185
1 5 8 ,56 8
755
1 ,2 2 9
2 7 5 ,5 0 3
461
1 9 3 ,1 2 0
2 1 ,0 0 4
178
4 7 ,1 2 5
230
521
1 1 5 ,0 1 9
6 23
63,901
720
5 9 ,7 1 9

7 74 1 ,1 3 4 ,2 3 9
153
4 3 ,1 5 9
1 1,5 97 2 ,4 5 5 ,9 9 2
7 30
2 6 3 ,7 0 7
2 4 ,7 7 6
4 ,6 4 6 1 ,0 1 0,31 4
704
1 6 8 ,18 8
555
4 5 8 ,7 9 3
1
1 ,530
1 6 0 ,4 7 0
280
2 ,3 4 2
2 ,8 0 0
514^976
1 ,0 0 2
3 3 2 ,0 6 8
4 5 ,8 8 0
142
8 3 ,0 8 9
153
1 3 1 ,9 6 2
1 ,0 9 6
123
9 3 ,6 8 6
8 3 ,0 3 5
733

T o t a l s ........

20.87 6 '4 ,9 5 1 .2 7 6

2 5 ,4 9 4 7 .0 1 3 .2 0 6

1893.

I n a d d it io n t o a b o v e e x p o r t s , o u r t e le g r a m s t o - n ig h t a h o
g iv e u s th e f o l l o w i n g a m o u n t s o f c o t t o n o n s h ip b o a r d , n o t
o le a r e d , a t t h e p o r t s n a m e d .
W o a d d s im ila r fig u r e s f o r
N ew Y o r k , w h ic h a re p re p a re d fo r o u r s p e c ia l u se b y M essrs.
O a re y , Y a le & L a m b e r t. 24 B e a v e r S tr e e t.
O n S h ip b o a r d , n o t c l e a r e d —f o r
J u n e 16 a i r -

G rea t
B rita in .

O qn i t 
w i t c.

T o ta l.

7 ,0 5 8
N one.
N one.
N one.
N one.
N one.
700

524
1,504
500
MOO
N on e.
1 ,0 0 0
N on e.
N one.

12,506
6,092
500
4 ,1 0 0
N one.
2 ,8 0 0
17,000
9 ,0 0 0

9 6 ,8 3 7
2 1 ,2 2 6
1 9 ,8 8 9
1 9 ,3 0 1
7 .3 4 0
7 ,1 0 1
1 7 0 ,7 7 9
2 2 ,0 5 4

1892.

3 0 ,3 1 8

2 1 ,1 9 6

1 0 9 ,3 6 3
7 ,3 4 0

134 ,38 3
1 2 ,1 8 6

2 0 ,3 8 9

2 3 ,8 5 4

2 3 ,4 0 4

2 2 ,0 9 3

4 ,1 0 1

1 1,9 55

9 ,9 0 4
503

14,7 12
1 ,1 8 9

1 8 7 ,7 7 9
5 ,5 0 0
6 ,3 9 3
1 4 ,5 4 7

3 2 5 ,5 3 9
5,800
1 6 ,4 5 6
8 ,4 6 0

4 1 9 ,5 5 1

N ew O r le a n s ...
G a lv e s to n .........
S a v a n n a h .........
C h a rleston ........
M o b ile ...............
N o r f o lk .............
N ew Y o r k .........
O ther p o r t s . ...

3 ,4 7 7
N one.
N one.
N one.
N one.
1,200
7 .8 0 0
6 ,0 0 0

None.

1,447
4 .4 9 8
N one.
3 .0 0 0
N one.
600
8 ,5 0 0
3 .0 0 0

18,4 77

7,738

2 1,0 45

4 ,7 1 3

51,9 98

3 6 7 ,5 5 3

T o ta l 1 8 9 2 ...
T o ta l 1 8 9 1 ...

2 2 ,9 6 3
15,8 79

6 ,4 4 4
1,362

1 6,1 20
5 ,9 0 9

3 ,4 6 8
4 ,365

48.9 95
27.4 15

5 4 8 ,8 7 8
2 9 1 ,9 0 2

S p e c u la tio n in c o t t o n f o r fu t u r e d e liv e r y a t t h is n n r k e t h a s
b e e n o f lib e r a l v o lu m e a n d a t b u o y a n t p ric a s d u r in g t h e
g r e a te r p o r tio n o f th e w e e k u n d e r r e v ie w .
T h e p r in c ip a l
s t im u la t in g f a c t o r s w e r e f o u n d in t h e c in t in u a t io n o f a g o o d
tr a d e w it h M a n ch e ste r s p in n e r s o n t h e L iv e r p o o l m a r k e t, th e
r e c e ip t h e r e o f a n in cr e a s e d n u m b e r o f b u y in g o r d e r s f r o m
E n g la n d a n d t h e C o n t in e n t , a n d fin a lly b y t h e d e v e lo p m e n t
o f sh a rp a n x ie ty to c o v e r “ s h o rt” e n g a g e m e n ts.
A n o tic e 
a b l e f e a t u r e o f t h e s i t u a t i o n is t h e c o n t i n u e d a b s e n c e o f i n 
v e s tm e n t d e m a n d o n d o m e s tic o rd e rs . O n S a tu r d a y th e re w a s
a s m a ll a d v a n c e o n th e in flu e n c e o f a v e r y l i g h t in c r e a s e
o f a c r e a g e e s tim a te f r o m th e A g r ic u lt u r a l B u r e a u , b u t
m o st o p e ra to rs w e r e
d is p o s e d
to
lo o k
u p on th e G o v 
ern m en t rep orts as a
d e c id e d
u n d e r -e s tim a te
in c o m 
p a ris o n w it h m o r e p o p u la r a u th o r itie s , a n d v a lu e s q u ic k ly
s e ttle d o f f a g a in .
M o n d a y b ro u g h t som a r e c o v e r y o f stre n g th
a n d o n T u e s d a y d e c id e d b u o y a n c y p r e v a ile d , w it h n e a r ly J ^ c,
a d v a n c e in p r ic e , u p o n th e s tim u lu s o f a la r g e n u m b e r o f
E u r o p e a n b u y i n g o r d e r s a n d a n e x c e l l e n t t r a d e in c o t t o n o n
s p o t a t L iv e r p o o l.
O n W e d n e s d a y th e m a rk e t w a v e re d fo r a
w h ile u n til s o m e s e llin g t o s e c u r e p r o fit s lta d c e a s e d , t h e n
s h a r p l y r e c o v e r e d t o n e , w i t h a s m a l l n e t g a i n m a d e in v a l u e
fo r th e d a y .
Y e s t e r d a y , a ft e r a n o p e n in g d e c lin e , th e re c a m e
a fr e e g e n e ra l d e m a n d t o c o v e r s h o r t e n g a g e m e n ts a n d a q u ic k
a d v a n c e , w i t h A u g u s t s e l l i n g a t 8 -1 8 c ., b u t n o n e w b u y e r s a p 
p e a r in g th e e n t ir e g a in w a s s u d d e n ly lo s t b e fo r e th e c lo s e .
T o -d a y th e r e h a s b e e n c o n s id e r a b le ir r e g u la r it y w i t h th e c lo s e
s h o w in g fa ir s tr e n g th o n n e a r m o n t h s b u t a n e a s y to n e fo r
d i s t a n t p o s i t i o n s u n d e r le s s p r o m i s i n g a c c o u n t s l r o m M a n 
ch ester.
C o t t o n o n t h e s p o t h a s s o ld v e r y w e l l a t a d v a n c i n g
r a t e s , c l o s i n g a t 8 '1 - l G c . f o r m i d l i n g u p l a u i s .
T h e t o t a l s a l e s f o r f o r w a r d d e l i v e r y f o r t h e w e e k a r e 1 ,0 3 0 ,3 0 0
b a le s . F o r i m m e d i a t e d e l i v e r y t h e t o t a l s a le s f o o t u p t h i s w e e k
5 .5 6 7 b a le s , i n c l u d i n g 3 ,4 7 7 f o r e x p o r t , 1 ,6 9 0 f o r c o n s u m p t i o n ,
------- f o r s p e c u l a t i o n a n d 400 o n c o n t r a c t . T h e f o l l o w i n g a r e
th e o ffic ia l q u o t a t io n s f o r e a c h d a y o f t h e p a s t w e e k —
J u n e 10 t o J u n e 1G.

5 9 7 ,87 3

UPLASD8.

S at.

1 89 3 .

1 89 2 .

1 891.

1 89 0 .

1 88 9 .

1888

rjo.lves’n,& e.
N e w O rleans
M o b i l e .........
S a v a n n a h ...
C har’ ton,& e.
W ilm 'to n ,& c
N o r f o l k ........
W . P oiu t,& c.
A ll o t h e r s ...

2 ,6 1 3
9 ,2 3 0
140
3 ,7 7 4
917
185
1 ,2 2 9
639
2,144

927
11,597
730
4 616
556
230
2 ,8 0 0
1 ,1 4 4
2 ,8 1 4

2 ,3 9 3
4 ,9 2 1
3 47
3 ,0 2 5
1 ,5 1 4
265
1 ,7 8 5
2 ,171
4 .167

33
1,893
39
134
203
14
13
60
953

397
812
34
53
165
3
543
375
831

812
4 ,6 7 6
92
1 ,7 6 9
768
r

T o t. this w k .

2 0 ,8 7 6

2 5 ,4 9 1

20,6 21

3,347

3 ,301

13,223

Fair...............................................

S at.

GULF.

G a l v e s t o n -----V e l a s c o , & c ....
N e w O r le a n s ..
M o b il e & P e n .
S a v a n n a h ........
B r u n s w ic k ........
C h a r le s t o n . . . .
W ilm in g t o n ...
N o r f o l k .............
W e s t P o in t —
N ’ p ’t N e w s , &e
N e w Y o r k ___
B o s t o n ...............
B a lt im o r e .........
P h il a d e lp ’a .& c

G rea t
Q r it 'n . F r a n c (

C o n ti

T o ta l

n en t.

W eek .

5,936

950
14,539

4,250

5,971

950
2,632

4,200

..........
..........
2,307
2,029
2.125
3,8M
707
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Fair................................................
STAINED.

Sat.

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74,102
100,001
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T o t a i ...............

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T o t a l. 1R91-02.

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t o F r a n c e a n d 1 6 ,2 3 9 t o t h e r e s t o f t h e C o n t i n e n t .
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I n o r d e r th a t co m p a ris o n m a y be m a d e w it h o th e r y e a is , w e
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M ARKET AND SALES.
T h e t o t a l s a le s o f c o t t o n o n t h e s p o t a n d f o r f u t u r e d e l i v e r y
;a c h d a y d u r in g t h e w e e k a re in d ic a t e d i n t h e f o l l o w i n g
U a te m e n t.
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w rae d a vs.
SALES O F SPOT AND CONTRACT.
SPOT M A RK E T
CLOSED.

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THE CHRONICLE.

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T h e S a l e s a n d P r ic e s o f F u t u r e s
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•15 pd. t o ex ch . 100 O ct, fo r Deo.
•06 pd. to e x c h . 2 ,0 0 0 Sept, fo r O c t.
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•07 pd . to ex c h . 5 00 Sept, fo r O ct.
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•32 p d . to exoh . 500 A u g . fo r Jan.
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• L o u is v llla tlgarea ' “ n e t ” in b o th y e a rs ,
t T h is y e a r 's figu res e stim a te d .
T h e a b o v e to ta ls s h o w t h a t t h e i n t e r io r s t o c k s h a v e d e c r e a s e d
d u r i n g t h e w e e k 2 0 ,9 9 7 b a l e s a n d a r e t o - n i g h t 3 8 ,0 2 0 b a l e s
leas t h a n a t t h e s a m e p e r i o d l a s t y e a r . T h e r e e l p t s a t a l l t h e
t o w n s h a v e b e e n 481 b a l e s m o r e t h a n t h e s a m e w e e k l a s t
y e a r a n d s i n c e S e p t . 1 t h e y a r e 1 ,1 9 6 ,9 3 5 b a l e s l e s s t h a n f o r t h e
» m e t i m e i n 1 89 1 -9 2.

THE CHRONICLE.

J une 17, 1893.J

Q u o t a t io n s f o b M id d l in g C o t t o n a t O t h b b M a r k e t m . B e lo w w e g iv e c lo s in g q u o t a t io n s o f m id d lin g c o t t o n a t S o u t h •
e r n a n d o t h e r p r in c ip a l c o t t o n m a r k e t s f o r e a c h d a y o f t h e w e e k .
W eek e n d i n g
J u n e 16.

CLOSING QUOTATIONS FOR MIDDLING COTTON ON
S a tu r .

G a lv e s t o n ...
N ew O rleans
M o b ile ...........
S av an n ah ...
C h a r le s t o n ..
W ilm in g to n .
N o r fo lk ........
B o s t o n .........
B a lt im o r e ...
P h iladelph ia
A u g u s t a ....
M em p h is___
St. L o u i s ___
H o u s t o n ___
O ln o ln n a tl..
L o u is v ille ...

7ia
711)8
7k)
7 k)
7ka
7kl
7k)
7131S
7 7s
8>
4
7.%
73s
8
7 78

Yue*.

M on .

7k)
7 H la
7 k)
7k)
7*8
7 k)
7k)
713)8
7 7s
838
7*Q d °8
7%
7 H ie
7%
8
8

7 is
7=h
7 k)
7=8
7^8
7k)
79,6
7 « i#
7 78
8%
711)8
713,o
73,
738
8
8

W ed n es.

79)6

7=8
75s
73s
7 =8
79)0
8
7 7a
83s
711)6-3 3,
7 7a
713,6
7k!
8
8

F ri

T h u rs.

7 k)

711,8
7k
7=6
7»s
7=s
8
8
830
73,
71=16
7 7a
79)8
8
8*4

T h e c lo s in g q u o ta tio n s t o -d a y (F r id a y )
S ou th ern m a rk ets w e r e as fo llo w s :
A t la n t a ........
7 »ie L ittle R o o k . . . .
7 Is
C olu m b u s, G a .
7 :% M o n t g o m e r y ..
7=8
C o lu m b u s, M iss
7%
N a s h v i ll e ..........
7^
E u fa u la ........................... N a t o h e z ............
7 i i) e

79,6
7 7s
711)6
7 3,
7=s
7=8
7=8
31)6
8
83s
713)6
8
7 7s
79)6
8 k!
8h»

a t o th e r im p o r ta n t
N e w b e r r y ..___
R a l e i g h ............
S e l m a ................
S h rev ep ort. . .

R e c e i p t s F r o m t h e P l a n t a t i o n s . ■The f o l l o w i n g t a b le
In d ic a te s t h e a c t u a l m o v e m e n t e a c h w e e k f r o m t h e p la n ta tio n s
T h e fig u r e s d o n o t i n c lu d e o v e r la n d r e c e ip t s n o r S o u th e r n
c o n s u m p t io n ; t h e y a r e s im p ly a s t a t e m e n t o f t h e w e e k ly
m o v e m e n t f r o m t h e p l a n t a t i o n s o f t h a t p a r t o f t h e c r o p w h ic 'r
fin a lly r e a c h e s t h e m a r k e t t h r o u g h th e o u tp o r ts .
W eek
Ending—

May 12.......
” 19......
" 26......
June 2......
“
9......
“
16......

tteceip tt a t th e P o r te . St’ k at In te r io r Tow ns. R ec'p t <fr o m P l a n t ’fu

1891.

1892.

1893.

52.519
38.591
33.082
30,996
27,303
20,621

50,127
30,670
86,977
84,4.14
30,526
25,494

80,150
32,625
25,359
25,586
25,296
20.876

1891.

1892.

1893.

187,744 264,971
169,863 256.497
151,932 245,202
140.322 230,583
127,806 218,864
120,083 204,922

1891.

1892.

1893.

243,086
229,525
213,479
201.857
187,899
106,902

28.394
20.710
15,351
19,386
14,787
12,898

32,080
22,196
25.682
19,825
18,807
11.552

14.033
19,064
9,313
13,904
11,338

T h e a b o v e s t a t e m e n t s h o w s : 1 .— T h a t t h e t o t a l r e c e i p t s f r o m
t h e p l a n t a t i o n s s i n c e S e p t . 1 i n 1 8 9 2 -9 3 a r e 4 ,9 8 9 ,5 1 8 b a l e s ; in
1 8 9 1 -9 2 w e r e 7 ,1 6 2 ,1 9 9 b a l e s ; i n 189 0 -9 1 w e r e 6 ,9 3 7 ,3 5 0 b a le s .
2 .— T h a t , a l t h o u g h t h e r e c e i p t s a t t h e o u t p o r t s t h e p a s t w e e k
w e r e 2 0 ,8 7 6 b a l e s , t h e a c t u a l m o v e m e n t f r o m p l a n t a t i o n s w a i
o n l y --------b a le s , t h e b a l a n c e b e i n g t a k e n f r o m t h e s t o c k s at
t h e in t e r io r t o w n s . L a s t y e a r t h e r e c e ip t s f r o m t h e p la n ta t io n s
f o r t h e w e e k w e r e 1 1 ,5 5 2 b a l e s a n d f o r 1891 t h e y w e r e
1 2,8 98 b a l e s .
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d s i n c e S e p t . 1 .—
W e g iv e b e lo w a sta te m e n t s h o w in g th e o v e r la n d m o v e m e n t
fo r t h e w e e k a n d s in c e S e p t e m b e r 1. A s t h e r e t u r n s r e a c h u f
b y t e l e g r a p h l a t e F r i d a y n i g h t i t is i m p o s s i b l e t o e n t e r sc
l a r g e l y i n t o d e t a i l a s i n o u r r e g u l a r m o n t h l y r e p o r t , b u t all
t h e p r in c ip a l m a t t e r s o f in te r e s t a re g iv e n .
T h is w e e k ly
p u b l i c a t i o n is o f c o u r s e s u p p l e m e n t a r y t o t h e m o r e e x t e n d e d
m o n t h l y s t a t e m e n t s . T h e r e s u l t s f o r t h e w e e k e n d i n g J u n e 16
a n d s in c e S e p t. 1 in t h e la s t t w o y e a r s a r e as f o l l o w s :
189 2 -9 3.
J u n e 16.
W ee k .

S in c e
S ep t, 1.

1 89 1 -9 2.
W ee k .

S in c e
S ep t. 1.

S h ip p e d —

V ia St. L ouiB ................
V ia C a iro .......................
Via H a n n ib a l..............
Via E v a n s v ille ............
Via L o u is v ille ..............
V ia C in cin n a ti.............
V ia o t h e r ro u te s , & c .
T o t a l g r o s s o v e r la n d ...............

6 ,6 3 7
2,199
97

4 5 6 ,2 9 0
198 ,24 4
1 38 ,57 9
2 4 ,0 2 0
118 ,05 7
104,431
1 59,308

6 5 4 ,1 8 5
3 4 4 ,3 7 6
1 62 ,13 2
- 3 7 ,5 6 4
774
2 0 1 ,57 1
1,011
157 .00 9
564
1 5 9 ,7 5 6

13,1 37 1 ,1 8 8 ,9 2 9

9 ,9 8 1 1 ,7 1 6 ,5 9 3

2,041
1,095
1,368

6,167
1,154
311

D e d u c t sh ip m e n ts —

O v e rla n d t o N . Y ., B o s to n , & o.
B e tw e e n in te r io r t o w n s ............
I n la n d , & o., fr o m S o u t h ______
T o t a l t o b e d e d u c t e d .................

2,144
594
2 ,2 5 3

2 8 5 ,7 6 4
2 2,9 87
7 0 ,9 7 2

2 ,1 1 0
147
1 ,437

3 9 6 ,7 7 2
6 1 ,4 4 0
9 5 ,2 1 2

4 ,991

3 7 9 ,72 3

3 ,6 9 4

5 5 3 ,4 2 4

L e a v in g t o ta l n e t o v e r la n d * ..
8,446
3 0 9 ,2 0 6
6,287 1,1 6 3.16 9
* I n c lu d in g m o v e m e n t b y r a il t o C an ad a .
T h e f o r e g o in g s h o w s th a t th e w e e k ’s n e t o v e r la n d m o v e m e n t
t h i s y e a r h a s b e e n 8 ,4 4 6 b a le s , a g a i n s t 6 ,2 8 7 b a l e s f o r t h e
w e e k i n 1 89 2 , a n d t h a t f o r t h e s e a s o n t o d a t e t h e a g g r e g a t e n e t
o v e r l a n d e x h i b i t s a d e c r e a s e f r o m a y e a r a g o o f 3 5 3 ,9 6 3 b a l e s .
1892-93.
I n S ig h t a n d S p i n n e r s 1
T a k in g s .

R e ce ip ts a t p o rts to J u n e 1 6 .........
N e t o v e r la n d to J u n e 1 6 ................
S o u th e rn co n su m p tio n to J u n e 16

W ee k .

S in c e
S e p t. 1.

2 0,8 76 4 ,9 5 1,27 8
8,446
8 0 9 ,2 0 6
5 9 2 ,0 0 0
8 ,0 0 0

1891-92.
W ee k .

S in c e
S ept. 1

2 5 ,4 9 4 7 ,0 1 3 .2 0 6
6.287 1,163.169
7 ,0 0 0
553 ,00 0

T o t a l m a r k e t e d ........................... 37,3 22 6 ,3 5 2 ,4 8 4 33,781 8 ,7 2 9,37 5
In te rio r s to c k s in e x c e s s ................ * 20,997
38,2 68 *1 3,9 42
148,993
C am e in t o s ig h t d u rin g w e e k .
T o t a l in s ig h t J u n e 1 6 .............
N o rth ’ n s p in n e rs t a k ’ g s to J ’ n e 16

16,3 25
6 ,3 9 0,75 2

2 4 ,8 3 9
..........
......... 8 ,8 7 8,36 8

1 ,631,271

......... 2 ,0 9 6,91 1

t t w i l l b e s e e n b y t h e a b o v e t h a t t h e r e h a s c o m e i n t o s ig h t
d u r i n g t h e w e e k 16,3 25 b a le s , a g a i n s t 2 4 ,8 3 9 b a le s f o r t h e
s a m e w e e k o f 1 8 9 2 , a n d t h a t t h e d e c r e a s e i n a m o u n t i n s ig h t
t o - n i g h t a s c o m p a r e d w i t h l a s t y e a r is 2 ,4 8 7 ,6 1 6 b a le s .

W

eeater

R eports

1023
by

T e l e g r a p h .— O u r a d v i c e s

g r a p h t h is e v e n i n g i n d i c a t e t h a t r a i n

b y t e le 

h a s f a l l e n in m o s t d i s 

tr ic t s o f t h e S o u t h d u r in g th e w e e k , b u t t h a t as a r u le t h e
r a i n f a l l lia s b e e n l i g h t .
O n th e w h o le th e w e a th e r h a s b e e n
q u i t e f a v o r a b l e , a n d a n i m p r o v e m e n t i n t h e c r o p is n o t e d in
a n u m b e r s e c t i o n s . T h e M is s is s ip p i R i v e r a t M e m p h i s is
th ir ty th re e fe e t a n d t w o -te n th s o n th e g a u g e a n d fa llin g
s lo w ly .
A b r e a k in t h e l e v e e a t B a t o n R o u g e , L a . , o c c u r r e d
o n T u e s d a y n ig h t.
G a l v e s t o n , T e x a s .— R a in has fa lle n r a t h e r h e a v ily o n t w o
d a y s o f th e w e e k , th e p r e c ip it a t io n r e a c h in g t w o in ch e s a n d
n in e te e n h u n d r e d th s .
T h e t h e r m o m e t e r h a s a v e r a g e d 8 0,
r a n g i n g f r o m 7 0 t o 90.
P a l e s t i n e , T e x a s .— C o in a n d c o t t o n c o n tin u e e x c e e d in g ly
p r o m is in g .
R i i n h a s fa lle n lig h t ly o n o n e d a y o f t h e w e e k ,
th e p r e c ip ita tio n r e a c h in g t w e n t y h u n d r e d th s o f a n in c h .
T h e t h e r m o m e t e r h a s r a n g e d f r o m 66 t o 9 4 , a v e r a g i n g 80.
H u n t s v i l l e , T e x a s .— C r o p s a re e x c e lle n t , a lt h o u g h s o m e 
w h at grassy.
W e h a v e h a d ra in o n th re e d a y s o f th e w e e k ,
th e r a in fa ll r e a c h in g o n e in c h a n d t w e n t y -fiv e ” h u n d r e d th s o f
a n i n c h . A v e r a g e t h e r m o m e t e r 7 9, h i g h e s t 9 4 a n d l o w e s t 6 4.
D a lla s , l e x a s . — T h e w h e a t a n d o a ts h a rv e sts a re d r a w in g
t o a c lo s e , a n d m a k e a m u c h b e tt e r re s u lt t h a n r e c e n t ly e x 
p ected .
C o rn a n d c o t t o n lo o k w e ll.
T h ere has b een on e
s h o w e r d a r in g t h e w e e k , t h e p r e c ip it a t io n r e a c h in g e ig h te e n
h u n d re d th s o f an in ch .
T h e th e r m o m e te r h as a v e r a g e d 78,
t h e h i g h e s t b e i n g 9 4 a n d t h e l o w e s t 58.
S a n A n t o n i o , T e x a s . — T h e o u t l o o k f o r c r o p s o f a l l s o r t s is
q u ite fla tte r in g .
W e h a v e h a d s h o w e r s o n th re e d a y s o f th e
w e e k , t h e p r e c ip it a t io n r e a c h in g t h ir ty h u n d r e d t h s o f a n in c h .
T h e t h e r m o m e t e r h a s a v e r a g e d 8 2 , r a n g i n g f r o m 6 6 t o 98.
L u t in g , T e x a s .— C o r n a n d c o tto n a re a b o u t as p r o m is in g as
is p o s s i b le .
It h as b een s h o w e r y o n o n e d a y o f th e w e e k , th e
r a in fa ll b e in g o n e h u n d r e d t h o f a n in c h . T h e t h e r m o m e te r
h a s r a n g e d f r o m 6 6 t o 9 6 , a v e r a g i n g 81.
C o lu m b ia , T e x a s .— C ro p s c o n tin u e e x c e lle n t, b u t d r y w e a th e r
is d e s i r e d , a s f ie ld s a r e g e t t i n g g r a s s y .
W e h a v e h a d ra th er
h e a v y ra in o n th r e e d a y s o f th e w e e k , w it h a p r e c ip it a t io n o f
o n e in c h a n d th ir ty -o n e h u n d re d th s .
A v e r a g e th e rm o m e te r
8 1, h i g h e s t 9 2 a n d l o w e s t 70.
C u e r o , T e x a s . — C o r n is s a f e f o r a l a r g e y i e l d .
C o tto n lo o k s
p r o m is in g a n d s o m e b lo o m s a re re p o r te d .
T here has been
s p l e n d i d r a in o n t h r e e d a y s o f t h e w e e k , t h e r a i n f a l l r e a c h i n g
o n e in c h a n d e ig h ty -s e v e n h u n d re d th s .
T h e th e rm o m e te r
h a s a v e r a g e d 7 9, t h e h i g h e s t b e i n g 92 a n d t h e l o w e s t 66.
B r e n b a m , T e x a s . — P r o s p e c t s a r e fir s t - c la s s .
W e have had
s h o w e r s o n f o u r d a y s o f th e w e e k , v e r y w e l c o m e f o r u p la n d s
a n d s a n d y l a n d s b u t n o t d e s i r e d in b o t t o m s .
T h e p r e c ip ita 
t io n r e a c h e d e ig h t y -e ig h t h u n d r e d th s o f a n in c h .
T h e th er
m o m e t e r h a s a v e r a g e d 8 3, r a n g i n g f r o m 68 t o 98.
F o r t W o r t h , l e x a s . — T h e s m a l l g r a i n h a r v e s t is n e a r l y o v e r
a n d t h e y i e l d is s u r p r i s i n g l y g o o d .
C o rn a n d c o tto n a re fa v 
o r a b l y s it u a t e d .
W e h a v e h a d o n e s h o w e r d u rin g th e w e e k ,
to th e e x te n t o f th ir ty -s ix h u n d re d th s o f an in c h . T h e th e r
m o m e t e r h a s r a n g e d f r o m 6 0 t o 9 6. a v e r a g i n g 78.
B e lt o n , T e x a s .— C ro p s a re p r o s p e r in g .
R a in fa ll f o r th e
w e e k tw e lv e h u n d r e d th s o f an in c h , o n o n e d a y . A v e r a g e
t h e r m o m e t e r 7 3 , h i g h e s t 9 4 a n d l o w e s t 52.
W e a t h e r f o r d , T e x a s .— C r o p s o f a ll k in d s a re d o in g w e ll.
It
h a s b e e n s h o w e r y o n o n e d a y o f th e w e e k , th e p r e c ip ita tio n
r e a c h in g fift y -fiv e h u n d r e d th s o f a n in c h .
T h e th e rm o m e te r
h a s a v e r a g e d 8 0 , t h e h i g h e s t b e i n g 98 a rid t h e l o w e s t 62.
N e w O r le a n s , L o u i s i a n a .— A b r e a k o c c u r r e d in th e le v e e a t
B a t o n R o u g e o n t h e n i g h t o f J u n e 13 a n d f l o o d e d t h e l o w e r
p o r tio n o f th a t c it y .
T h e b r e a k is n o w u n d e r c o n t r o l .
R a in
h a s fa lle n o n o n e d a y o f t h e w e e k , t o th e e x t e n t o f fiv e h u n 
d re d th s o f a n in ch .
T h e t h e r m o m e t e r h a s a v e r a g e d 7 9.
S h r e v e p o r t , L o u i s i a n a . — C u l t i v a t i o n is p r o g r e s s i n g f a v o r 
a b ly . W e h a v e b a d r a in o n o n e d a y o f th e w e e k , th e p r e c ip it io n b e in g fo u r h u n d r e d th s o f a n in ch . T h e th e r m o m e te r h a s
r a n g e d f r o m 69 t o 9 3 , a v e r a g i n g 8 1.
L a k e C h a r le s , L o u i s i a n a . — F r e q u e n t ra in s d u r in g th e p a st
t w o w e e k s h a v e c a u s e d s o m e f ie ld s t o b e g r a s s y , b u t w o r k is
g e n e r a lly w e ll u p . C o tt o n , c a n e a n d r ic e a re v e r y g o o d .
The
r a i n f a l l t h i s w e e k h a s b e e n five, h u n d r e d t h s o f a n i n c h . A v e r 
a g e t h e r m o m e t e r 8 2, h i g h e s t 97 a n d l o w e s t 72.
C o lu m b u s , M i s s i s s i p p i .— T h e w e a th e r h a s b e e n fin e d u r in g
t h e w e e k , a n d w o r k is p r o g r e s s i n g s a t i s f a c t o r i l y .
P ro sp e cts
a re im p r o v in g . R a in h a s fa lle n o n o n e d a y , th e r a in fa ll b e in g
th re e h u n d re d th s o f a n in c h .
T h e th e rm o m e te r h as a v e ra g e d
7 7 , t h e h i g h e s t b e i n g 100 a n d t h e l o w e s t 58.
L e la n d , M is s is s ip p i.— T h e p re c ip ita tio n d u r in g th e w e e k has
re a ch e d e ig h t h u n d re d th s o f a n in c h . T h e th e r m o m e te r h a s
a v e r a g e d 7 6 '9 , r a n g i n g f r o m 65 t o 8 9.
L i t t l e R o c k , A r k a n s a s .— T h e p a st w e e k h a s b e e n e n t ir e ly
d r y , t o th e d e lig h t o f th e fa r m e r s .
A n o th e r s u ch w e e k w ill
p u t c r o p s in f i n e c o n d i t i o n a n d r e a d y f o r a l i t t l e m o r e r a i n .
T h e t h e r m o m e t e r h a s r a n g e d f r o m 65 t o 9 0 , a v e r a g i n g 79.
H e l e n a . A r k a n s a s .— C ro p rep o rts a re ra th e r u n fa v o r a b le .
I n s o m e p l a c e s c o t t o n is j u s t g e t t i n g i n t o c o n d i t i o n t o w o r k
s i n c e h e a v y r a in s , w h i l e a t o t h e r p o i n t s r a i n is n e e d e d .
The
w e a t h e r h a s b e e n fa v o r a b le h e re d u r in g th e w e e k , n o ra in
h a v i n g f a ll e n , b u t s t a n d s a r e p o o r . A v e r a g e t h e r m o m e t e r 7 6 ,
h i g h e s t 8 6 a n d l o w e s t 64.
M e m p h i s , T e n n e s s e e .— C r o p c o n d i t i o n s h a v e i m p r o v e d .
The
f i r s t b l o o m w a s r e c e i v e d h e r e o n T u e s d a y , J u n e 1 3, f r o m
B o l i v a r C o u n t y , M i s s .. a n d is t w o d a y s e a r l i e r t h a n l a s t y e a r
o r a n a v e r a g e y e a r . T h e r i v e r is t h i r t y - t h r e e a n d t w o - t e n t h s
fe e t o n th e g a u g e a n d fa llin g s lo w ly .
A r a p i d d e c l i n e is e x 
p e c t e d in a f e w d a y s .
W e h a d a lo ca l th u n d e r sto rm o n
T u e s d a y , a c c o m p a n ie d w it h h a il, t h e p r e c ip ita tio n r e a c h in g

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ix t y -fo u r h u n d r e d th s o f a n in c h .
W e a t h e r n o w fa v o r a b le .
T h e t h e r m o m e t e r h a s a v e r a g e d T 7 '9 , t h e h i g h e s t b e i n g 90 3
a n d t h e l o w e s t 6 5 -3 .
Mobile, Alabama . — T h e w e a t h e r h a s b e e n v e r y f a v o r a b l e
d u r i n g t h e w e e k a n d t h e c r o p is d e v e l o p i n g f i n e l y .
W e have
h a d ra in o n fiv e d a y s o f th e w e e k , th e r a in fa ll r e a c h in g f o r t y t w o h u n d re d th s o f a n in ch .
T h e th e rm o m e te r has ra n g ed
f r o m 68 t o 9 0 , a v e r a g i n g 78.
M o n tg o m e r y , A la b a m a .— C o tto n s h o w s im p r o v e m e n t b u t
is s t i l l b a c k w a r d i n t h e b o t t o m s .
T h e r e lia s b e e n o n e
lig h t s h o w e r d u r in g th e w e e k , th e r a in fa ll r e a c h in g fo u r h u n 
d re d th s o f a n in c h ,
B u t th e b a la n c e o f th e w e e k h as b e e n
w a r m a n d d r y , g iv in g fa r m e r s a m u c h n e e d e d o p p o r tu n ity
f o r g e t t i n g p a r t i a l l y r i d o f g r a s s . A v e r a g e t h e r m o m e t e r 7 7,
h i g h e s t 87 a n d l o w e s t 6 7 ,
S e lm a , A l a b a m a .— T h e w e a th e r h a s b e e n fa v o r a b le a n d
g o o d p r o g re s s h a s b e e n m a d e in c u lt iv a t in g .
T h e p l a n t is
s m a l l , h o w e v e r , a n d in s o m e s e c t io n s q u i t e g r a s s y . T h e r e h a s
b e e n r a in o n t w o d a y s o f t h e w e e k , t h e p r e c ip it a t io n r e a c h in g
t w e n t y -t w o h u n d r e d th s o f a n in ch .
T h e th e rm o m e te r has
a v e r a g e d 8 1 , t h e h i g h e s t b e i n g 101 a n d t h e l o w e s t 6 2.
A u b u r n . A l a b a m a .— T h e w e e k ’s ra in fa ll h a s b e e n t w e n t y f o u r h u n d r e d th s o f a n in ch .
T h e th e rm o m e te r has a v e ra g e d
7 4 '8 , r a n g i n g f r o m 60 t o 89.
Madison, Florida.—A h e a v y w i n d - s t o r m o n T h u r s d a y d i d
m u c h d a m a g e to c r o p s , e s p e c ia lly c o r n .
W e h a v e h a d ra in
o n fo u r d a y s o f th e w e e k , th e r a in fa ll r e a c h in g t h r e e in c h e s
a n d ten h u n d red th s.
A v e r a g e t h e r m o m e t e r 7 4 , h i g h e s t 8 8,
l o w e s t 61.
C o lu m b u s , G e o r g i a .— C ro p s a re in fa ir c o n d it io n .
I t has
r a in e d o n o n e d a y o f t h e w e e k , t h e p r e c ip it a t io n r e a c h in g
e le v e n h u n d re d th s o f a n in c h .
A v e r a g e t h e r m o m e t e r 8 0,
h i g h e s t 90 a n d l o w e s t 66.
S a v a n n a h , G e o r g i a .— T h e r e h a s b e e n r a in o n t h r e e d a y s o f
th e w e e k , th e p r e c ip it a t io n r e a c h in g t w o in c h e s a n d s e v e n 
te e n h u n d re d th s . T h e th e r m o m e te r h a s a v e r a g e d 75, th e h ig h 
e s t b e i n g 8 9 a n d t h e l o w e s t 63.
A u g u s t a , G e o r g i a . — T h e r e is n o m a t e r i a l i m p r o v e m e n t in
t h e c o n d i t i o n o f t h e c r o p . T h e p l a n t o n r e d l a n d s is d o i n g
w e l l b u t is s m a l l ; o n g r e y l a n d s c o t t o n is p o o r .
In con se
q u e n c e o f r e c e n t a o n t i n u o u s r a in s g r a s s is t r o u b l e s o m e .
B a in
h a s fa lle n o n f o u r d a y s o f th e w e e k , t o t h e e x t e n t o f o n e in c h
a n d t e n h u n d r e d t h s . T h e t h e r m o m e t e r h a s a v e r a g e d 7 4, r a n g 
i n g f r o m 59 t o 93.
C h a r l e s t o n , S o u t h ( C a r o lin a .— W e h a v e h a d r a in o n t h r e e
d a y s o f th e w e e k , to th e e x te n t o f th re e in ch e s a n d fifty -fo u r
h u n d r e d th s . T h e t h e r m o m e t e r h a s r a n g e d f r o m 67 t o 86,
a v e r a g i n g 7 5.
S t a t e b u r g , S o u t h C a r o l i n a .— B a in h a s fa lle n t h e p a st th re e
d a y s , to th e e x t e n t o f s e v e n ty -th r e e h u n d r e d th s o f a n in c h ,
a n d i t is r a i n i n g t o - d a y .
D r y w e a t h e r a n d s u n s h in e
are n o w
n e e d e d . A v e r a g e t h e r m o m e t e r 7 4 -1 , h i g h e s t 88 a n d l o w e s t 63
W i l s o n , N o r t h C a r o l i n a .— T e le g r a m n o t r e c e iv e d .
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N a s h v ille ...........
S h re v e p o rt..........
V ick sb u rg ........... ___ A b o v e lo w -w a t e r m a r k .

F e e t.

17*0
3 3-4
101
21*7
45 ‘5

16-9
33-5
9 3
31-3
47*9

E u r o p e a n C o t t o n C o n s u m p t i o n t o J u n e 1 .— W e h a v e
r e c e iv e d t o - d a y b y c a b le , M r. E llis o n ’s c o t t o n fig u r e s b r o u g h t
d o w n t o J u n e 1. T h e r e v i s e d t o t a l s f o r l a s t y e a r h a v e a l s o
b e e n r e c e iv e d a n d w e g i v e t h e m f o r c o m p a r is o n .
S p in n e r s ’
t a k in g s in a c t u a l b a le s a n d p o u n d s h a v e b e e n a s f o l l o w s :
G r ea t B r i t a i n .

O c to b er 1 to J u n e 1.

F o r 1 8 9 2 -9 3 .
T akings b y s p in n e r s ...b a le s
A vera g e w e ig h t o f ha les.lbs
T a kin gs in p o u n d s ..................

T o ta l.

1 ,8 7 4 ,0 0 0
2 ,7 5 2 ,0 0 0
4 ,6 2 6 ,0 0 0
494
470
480
9 2 5 ,9 5 6 ,0 0 0 1 ,2 9 4 ,6 1 0 ,0 0 0 2 ,2 2 0 ,5 9 6 ,0 0 0

F o r 1 8 9 1 -9 2 .
2 ,3 0 0 ,0 0 0
2 ,8 0 3 ,0 0 0
T a kin gs b y s p in n e r s .. .b a les
5 ,1 0 3 ,0 0 0
A vera g e w e ig h t o f bales.lb s.
493
465
477-8
T a kin gs in p o u n d s ................... 1 .1 3 4 ,2 3 0 .0 0 0 1.303,950.000 2 .4 3 8 .1 8 0 .0 0 0
A c c o r d i n g t o cu e a b o v e , t h e a v e r a g e w e ig u t o r t ile d e liv e r ie s
in G r e a t B r i t a i n is 4 9 4 p o u n d s p e r b a l e t h i s s e a s o n , a g a i n s t
493 p o u n d s d u r i n g t h e s a m e t i m e l a s t s e a s o n .
T h e C o n t in e n t a l
d e l iv e r i e s a v e r a g e 470 p o u n d s a g a i n s t 4 6 5 p o u n d s la 3 t y e a r ,
a n d f o r t h e w h o le o f E u r o p e t h e d e liv e r ie s a v e r a g e 430
p o u n d s p e r b a l e a g a i n s t 4 7 7 -3 p o u n d s l a s t s e a s o n . O u r d i s p a t c h
a ls o g i v e s t h e f u l l m o v e m e n t f o r t h i s y e a r a n d l a s t y e a r i n
b a l e s o f 400 p o u n d s .
O ct. 1 to J u n e 1.
B ales o f 4 0 0 lbs. ea ch .
0 0 0 s o m itte d .

1 8 9 2 -9 3.

189 1 -9 2.
T o ta l.

G r ea t
B r ita in

C o n ti
n e n t.

T o ta l.

275 ,
3 ,2 3 7 ,

363 ,
5 ,5 5 2

148.
2 ,8 3 5 ,

326 .
3 ,2 5 7 ,

474,
6 ,0 9 2 ,

2 ,4 0 6 ,
2 ,3 1 2,

3 ,5 1 2 ,
3 ,0 8 0 ,

5 ,9 1 8 ,
5 ,3 9 2

2 ,9 3 3 .
2 ,8 1 8 ,

3 ,5 8 3 . 6 ,5 6 6 ,
3 ,0 8 0 , 5 .8 9 8 ,

94,

432,

G r ea t
B rita in

O o n tin e n t.

Spinners’ s to c k O ot. 1.
Takings to J u n e 1 -----

91,
2 ,3 1 5 ,

S u p p ly .............................
Oonsnm pt’ n 35 weeks.
S pin ners’ stock J ’ ne 1

526

165.

503.

663,

W e e k ly C o n s u m p t io n ,
0 0 s o m itte d .

I n O c to b e r.................
8 2,0
1 7 0 ,0
8 8,0
1 70 ,0
8 2 ,0
8 8 ,0
1 5 4 ,0
8 2 ,0
1 7 0 ,0
I n N o v e m b e r......... ..
6 6,0
8 8 ,0
8 8 ,0
I n D e c e m b e r '...........
1 7 0 ,0
6 0 ,0
1 4 8 ,0
8 2 ,0
8 8,0
8 8 ,0
60,0
8 2 ,0
1 7 0 ,0
I n J a n u a r y ...............
1 4 8 ,0
8 8,0
8 3 ,0
1 7 0 ,0
I n F e b r u a r y .............
8 2,0
6 0,0
8 8,0
148,0
8 3,0
1 7 2 ,0
8 4,0
In M a r c h ....................
5 5,0
8 8,0
8 3,0
143,0
1 7 2 ,0
In A p r il.......................
1 70 ,0
8 1 ,0
8 8 ,0
8 2,0
8 3,0
170.0
8 1 .0
8 8.0
8 2.0
88,0
1 7 2 ,0
Tu M a y ........................
N o t e .—D e d u ctio n Iro n i m o n th ly to ta ls iu l s 9 2 - 9 3 o n a c o o u n t o£
strike.
O u r c a b l e a l s o s ta t e s t h a t M r . E l l i s o n h a s r e v i s e d p r e v i o u s
m o n t h s ’ c o n s u m p t io n in G r e a t B r it a in th is y e a r b y d e d u c t in g
a n a g g r e g a t e o f 2 7 ,0 0 0 b a l e s .
T h e fo r e g o in g s h o w s th a t t h e w e e k ly c o n s u m p t io n in
E u r o p e is n o w 1 7 0 ,0 0 0 b a l e s o f 4 0 0 p o u n d s e a c h , a g a i n s t
1 7 2 .0 0 0 b a l e s o f l i k e w e i g h t s a t t h e c o r r e s p o n d i n g t i m e l a s t y e a r .
T h e t o ta l s p in n e r s ’ s to c k s in G r e a t B r ita in a n d o n t h e C o n t in e n t
h a v e d e c r e a s e d 3 7 ,0 0 0 b a le s d u r i n g t h e m o n t h , a n d a r e n o w
1 4 2 .00 0 b a le s le s s t h a n a t t h e s a m e d a t e l a s t y e a r .
A g r i c u l t u r a l D e p a r t m e n t ’ s B e p o r t o n A c r e a g b .— T h e
A g r ic u lt u r a l D e p a r t m e n t a t W a s h in g t o n is s u e d o n t h e 1 0 th
in s t. its r e p o r t o n c o t t o n c o n d i t i o n a u d a c r e a g e .
T h e fo llo w 
i n g is w h a t i t s a y s o n t h e s u b j e c t o f a c r e a g e :
T h e retu rn s s h o w o n ly a s lig h t in s te a d o f a la rg e in cre a s e o f th e
a cre a g e p la n te d as co m p a re d w ith l ist yea r. A co n s id e r a b le r e d u c 
tio n o f th e area a ctu a lly p la n te d re su lte d fro m r iv e c o v e r flo w s . T h e
a v e ra g e p e rce n ta g e Is 100 -5 T h e S tate p e r c e n ta g e s o f a rea iu c o m 
p a riso n w ith th e a cre a g e o f la s t y e a r a re as fo llo w s :
V irg in ia 8 7, N orth C arolin a 104 , S o u th C a ro lin a 1 0 4 , G e o rg ia 102 ,
F lo rid a 109 , A la b a m a 100 , M ississip p i 9 3, L o u is ia n a 1 0 1 , T e x a s 1 0 2 ,
A rk a n sas 9 3, T e n n e sse e 9 5. I t w ill he seen th a t th e s ta tu s o f the
c o t t o n c r o p as co m p a re d w ith 1 89 2 has n o t m a te ria lly ch a n g e d . T h e
a cre a g e h a s b e e n s lig h tly in cre a s e d , b u t co n d it io n s h a v e co r r e s p o n d 
in g ly s lig h t ly d e clin e d .

T h e f o l l o w i n g is t h e r e p o r t o f t h e D e p a r t m e n t o n c o n d i t i o n :
T he retu rn s o f th e co r re sp o n d e n ts o f th e s ta tis tica l d iv is io n o f the
D e p a rtm e n t o f A gricu ltu re o n J u n e 1 s h o w th a t o v e r a la rg e p o r t io n
o f th e c o tto n b e lt th e g e r m in a tio n an d d e v e lo p m e n t o f th e p la n t h a v e

THE CHRONICLE.

J une 17, 1893.]

b e e n reta rd ed b y c o ld w e a th e r an d e x c e s s iv e ra in , th e la tter h a v in g
a lso th e effect o f reta rd in g w o rk and Insisting the c r o p . In s om e lo c a l
itie s the d ry n ess p re v e n te d s u ccessfu l p la n tin g , an d m u ok o f th e seed
fa ile d to com e up in c o n se q u e n c e , and ft is r e p o r t e d that s e co n d p la n t
ing w a s to a co n sid e ra b le e x te n t a fa ilu re. A lo n g the M ississip p i aud
in the lo w la n d s m u ch in ju ry has b een ca u s od b y o v erflow s. In o th e r
lo ca litie s ea rly p la n tin g is assign ed as a ca u se o f tho p o o r stands, w h ile
n o in co n sid e ra b le in ju ry from cu t w orm s, lice , & o., is also rep orte d .
T he p ro s p e o t o f a g o o d c r o p in m u c h o f th e c o tto n t e rrito ry is, h o w 
e v e r, im p r o v in g in co n se q u e n c e o f m o re fa v o r a b le w oa th er.
T h e a v era g e co n d itio n o f th e c r o p in th e c o n so lid a tio n o f r e p o it s is
85 6, as co m p a re d u it li 8 5 '9 la st yea r.
T h e S tate a v e ra g e s a re as fo llo w s : V irgin ia 9 5 , N orth C a rolin a 83,
S outh C a rolin a 8 8, G e o r g ia 8 7, F lo rid a 9 8 , A la b a m a 82, M ississippi 86,
L o u is ia n a 8 7 , T e x a s 8 2, A rk a n sas 89 an d T en n essee 92.
T h e a b o v e s ta te m e n t o f c o n d it io n , c o m p a r e d w ith th e r e 
p o r t s f o r p r e v i o u s y e a r s , is a s f o l l o w s :
AGRICULTURAL DEPARTMENT'S JUNE CONDITION REPORTS.

June
C o n d itio n . 1893

1892. 1891. 1890. 1889. 1888. 1887. 1886. 1885. 1884.

83
88
87
98
82
86
87
82
89
92

N o. C ar___
Bo. C a r ___
G e o r g ia . . .
F lo r id a ___
A la b a m a ..
M ississippi
L ouisian a
T e x a s ........
A rk a n sas..
T en n essee.

88
91
87
89
91
91
82
81
75
90

95
80
80
90
89
88
88
91
89
73

98
97
94
92
93
85
84
84
85
87

84
78
80
88
83
85
90
95
92
79

86
88
92
94
92
90
88
80
94
92

99
98
99
98
99
99
97
91
98
97

97
83
83
97
87
88
85
96
83
99

93
96
95
93
92
92
95
90
91
85

95
97
96
99
93
87
72
77
85
92

92
8 6 4 88-2 9 6 9 88-7
*7
& c .— C u rre n t w a n ts h a v e been
p r e t t y w e l l s u p p lie d , a n d a s a r e s u lt t h e d e m a n d f o r b a g g in g
d u rin g th e w e e k u n d e r re v ie w h a s b e e n o n ly m o d e ra te .
Q u o ta tio n s h a v e b e e n s te a d y , h o w e v e r , a n d th e c lo s e t o -n ig h t
i s a t 4 ] ^ c . f o r 1 % l b s . , 5 c . f o r 3 lb s . a n d 5 ^ 0 . f o r s t a n d a r d
grades.
T h e r e is n o t m u c h d o i n g i n j u t e , b u t t s ; r u l i n g p r i c e s
a re l L jc . f o r p a p e r g r a d e s a n d l % c . f o r b a g g in g q u a lit y .
Averai?^.
J

ute

85 6

B

u tts

85*9

,

B

85-7

a g g in g

88-8
,

S h i p p i n g N e w s . — T h e e x p o r t s o f c o t t o n f r o m t h e U n ite d
S ta te s th e p a st w e e k , a s p e r l a t e s t m a i l r e tu r n s , h a v e re a c h e d
4 6 ,1 3 3 b a le s .
T o ta l b a le*

N e w Y o r k —T o H u ll, p e r s tea m er C olora d o, 2 , 1 2 5 . . . ...................
T o H a v re , p e r stea m er L a B o u rg o g n e , 1 ,6 3 3 ............. ................
T o B rem en , p e r stea m er Lahn, 3 5 0 . . . .....................................
T o H a m b u rg, p e r steam ers S orren to, 7 5 ___ W iela n d , 5 0 0 . . .
T o A n tw e rp , p e r stea m ers B iela , 1 ,4 0 0 ___L e p a n to , 1 ,0 2 9
. . . N oord la n d . 6 0 0 .............................................................................
T o S tettin , p e r stea m er B o h e m ia , 7 0 0 ...........................................
T o G en oa, p e r stea m er F u ld a , 1 ,1 0 0 ..............................................
T o N aples, p e r stea m er N eustria, 6 8 1 ............................................
N e w O r l e a n s —T o L iv e r p o o l, p e r stea m er C osta R ioa n , 2 ,3 1 0 ..
T o H a v re, p er stea m er C arolin a, 3 ,6 5 0 .........................................
T o H a m b u rg, p e r stea m ers K e p le r, 2 0 0 . . . Y a les la . 1 ,1 5 5 ...
T o B a rcelon a , p e r stea m ers H esp eria , 7 5 0 ........ M ig u el M.
P in illos, 1 ,4 5 0 .......................................................................................
T o G en oa, p e r stea m er H esp eria , 4 ,6 6 1 .........................................
Sa v a n n a h —T o B a rcelon a , p er stea m er M arla, 6 ,1 0 0 ................. .
N o r f o l k —To L iv e r p o o l, p er stea m er W aketteld, 4 ,0 0 8 .................
B o sto n —T o L iv e r p o o l, per steam ers B oston ia n , 2 ,0 8 3 ___ Cam b rom an , 2 ,3 0 6 ___ C atalonia, 9 3 2 ...................................................
B a l t im o r e —To L iv e r p o o l, p e r steam ers B a ltim ore, 4 9 2 ........
Q u eensm ore, 3 0 8 ..................................................................
T o P rem en, p er steam er M u n ch en , 1,711 ....................................
T o H a m b u rg, p e r stea m er P o ly n e sia (a d d ition a l), 5 ...............
T o A n tw e rp , p e r stea m er R ia lto , 1 ,8 1 2 .......
P h i l a d e l p h i a —To L iv e r p o o l, p e r steam ers B ritis h P rin ce,
1 ,3 4 0 ....O h io , 6 6 4 ..............................................................................

2,125
1,633
350
575
3 ,0 2 9
700
1 ,1 0 0
681
2 ,3 1 0
3 ,6 5 0
1 ,3 5 5

S pot.

1025

S a tu r d a y M o n d a y .

T u egd ay.

M arket, ? Harden’#.
Fully
malnt’ned Harden’#.
1 :45 I\ M.J

W ed n es.

T b u r ed ’y.

F rid a ) ,

A ctive.

Good
buHlnesa
doing.

Easier.

M ld .U p l’ d s.

4%

4%

4 7ie

4>*

10,000
1,000

10.000

3 p e o . & exp .

10,0 00
1,000

2 0 ,0 0 0
1,000

1 ,000

4%

4»16
1 5 ,0 0 0
1 ,0 0 0

1 2 ,0 0 0
1,000

F u tu res.

M arket, ) Steady at Steady at Steady at Quiet al
1-04 ad
3-04 ad
partially
£04 ad1 :4 5 p . M.$
1-04 adv.
vance.
vance.
van oe.
M arket, ?
4 P. M. )

Steady.

Steady.

Firm. .

Steady at Steady at
2-04 % 3-04 partially
advance. 1-01 dec.
Barely
■teady.

Quiet.

8teady.

T h e o p e n in g , h ig h e s t , lo w e s t a n d c lo s in g p r ic e s o f f u t u i e s
at L iv e r p o o l fo r e a c h d a y a re g iv e n b e lo w .
P r ic e s a r e o n
t h e b a s is o f U p l a n d s , L o w M i d d l i n g c l a u s e , u n le s s o t h e r w i s e
sta te d :
8 a t ., J une 1 0 .

M o n ., J u n e 1 2 .

T n e a ., J u u e 1 3 .

Open High L ow . Clot. Open High Low. Oloa. Open High Low . OTo».

June...........
June-July..
July-Aug...
Aug.-Sept..
Sept.-Oct...
Oct.-N ov....
Nov.-Dee...
Dec.-Jan—
Jan.-Feb—
Feb.-Mch...

do
4 21
4 2L
4 22
4 24
4 25
4 27
4 28
4 30
4 31
4 33

d.
4 21
4 21
4 23
4 24
126
4 27
4 29
4 30
4 33
4 33

d.

d.

4.

d.

d.

d.

d.

d.

d.

4 21
4 21
4 23
4 21
4 25
4 27
4 38
4 30
4 31
4 33

4 21
4 21
4 23
4 24
4 28
4 27
4 29
4 30
4 32
4 33

4 21
4 21
4 23
4 21
4 26
4 27
4 29
4 80
4 32
4 33

4 22
4 22
4 23
4 25
1 26
428
4 29
4 30
4 32
481

4 21
121
4 22
4 21
1 25
4 27
4 .8
4 30
131
4 33

4 22
4 22
4 23
4 21
426
4 27
4 29
4 30
4 32
4 33

4 25
4 25
126
4 28
4 29
4 30
4 32
4 33
4 35
4 36

428
4 28
129
130
4 81
4 33
4 34
4 35
4 37
4 38

425
125
4 28
4 28
1 29
4 30
4 32
4 33
4 35
1 36

W e d ., J u n e 14*

T h u r a ., J u u e 1 5 .

d.
1 28
4 28
129
4 30
1 31
4 33
4 34
4 35
4 37
4 38

F r i ., J u n e 1 6 .

Open High L ow . Oloa. Open High Low . Oloa. Open High Low . Oloa.
d.

June...........
June-July..
July-A ug...
Aug.-Sept..
6ept.-Oct...
Oct.-N ov....
N ov.-Dee...
Dec.- Jan....
Jan.-Feb....
Feb.-Mch...

d.

d.

d.

d.

d.

d.

d.

4 29
4 29
4 30
4 31
4 32
4 33
4 35
4 30
4 37
4 39

4 30
4 30
4 31
4 32
4 33
4 34
4 35
4 36
4 38
• 39
4

1 28
4 28
428
4 29
4 30
4 31
4 32
4 33
4 35
4 36

4 28
4 28
4 29
4 30
4 31
132
133
4 31
4 35
4 37

4 30
4 30
4 30
4 32
4 32
4 33
I 31
4 35
137
4 38

4 30
4 30
4 31
4 32
4 33
4 34
4 35
4 38
4 87
4 39

4 29
4 29
4 30
4 31
4 33
4 33
1 31
435
4 36
4 38

4 30
4 30
4 30
13L
4 32
4 33
4 34
4 35
4 37
4 33

d.
d.
1 2d 4 27

4 26
127
4 28
4 29
4 30
4 31
4 32
4 33
4 35

4 27
428
4 29
130
4 31
4 32
4 33
4 31
• 36
4

d.

4 26
4 28
4 27
4 28
4 29
4 30
431
4 32
4 33
4 35

d.

4 27
4 27
4 28
4 29
4 30
4 31
4 32
4 33
134
4 30

BREADS T UF F S .
F r id a y , J u r e 16, 1893.

2 ,2 0 0
4 ,6 6 1
6 ,1 0 0
4 ,0 0 8

I n th e fo r e p a rt o f th e w e e k th e re w a s a m o d e r a te t r a d e in
th e m a r k e t fo r w h e a t flo u r a n d p r ic e s w e r e fa ir ly s t e a d y , b u t
la te r th e d e m a n d b e c a m e q u ie t , a n d y e s te r d a y th e m a r k e t
w a s w e a k , e x c lu s iv e o f th e lo w g r a d e s , w h ic h c o n t in u e
5 ,3 2 1 s c a r c e , w i t h m i l l s a d v i s i n g s a le s a t c o n c e s s i o n s , o w i n g t o t h e
E x p o r t e r s w e r e in th e m a r k e t , b u t o w i n g
8 00 s c a r c i t y o f f u n d s .
1 ,7 1 1
to th e s c a r c it y o f f r e ig h t r o o m t h e ir p u r c h a s e s w e r e s m a ll.
5 T h e d e m a n d f o r r y e flo u r w a s m o d e r a te , a n d w ith t h e s u p p ly
1 ,8 1 2
lim it e d p r ic e s h o ld fir m .
C orn m ea l has m e t w ith a v e r y
f a ir tra d e a t f u l l v a lu e s .
T o -d a y th e m a r k e t f o r w h e a t flo u r ,
2 ,0 0 4
d e s p i t e t h e a d v a n c e in w h e a t , w a s d u l l a n d w e a k .
l............................................................................................................. 4 6 .1 3 3
T o ta l...............................
I m m e d i a t e l y a f t e r o u r la s t , t h e m a r k e t f o r w h e a t f u t u r e s
C o tto n fr e ig h ts th e p a st w e e k h a v e b e e n as fo llo w s :
w e a k e n e d u n d e r fr e e s e llin g b y “ lo n g s ," p r o m p te d b y t h e
u n s e t t le d c o n d i t i o n o f a f f a i r s i u f i n a n c i a l c i r c l e s ; b u t t h e n
F ri.
M on.
W ed n es. T K u n .
S a tu r .
T u es.
t h e r e w a s a s l i g h t r a l l y b a s e d u p o n a m a t e r i a l d e c r e a s e in t h e
v is ib le s u p p ly ,
u n fa v o r a b le
crop
p rosp ects
in
F ran ce,
L iv e r p o o l, steam .rf
*8
%
332
and
g e n e r a lly
stro n g e r
fo r e ig n
a d v ic e s .
S u bse
Do
la ter.,d .
....
....
....
....
....
q u e n tly ,
h ow ever,
th e
m a r k e t a g a in
w eakened
under
H a v re , reg . lin e .d . 964'®532
5S2
582
632
6.12
662
fu r th e r r e p o r t o f fin a n c ia l tr o u b le s a t th e W e s t , fa v o r a b le
___
D o o u ts id e str.d.
....
....
....
....
....
c r o p p ro s p e c ts a n d e a s ie r a d v ic e s f r o m a b r o a d .
In th e sp ot
B re m e n , s t e a m .. d.
632
°64
fl64
°S4
964
964
m a r k e t s h ip p e r s h a v e b e e n m o d e r a t e b u y e r s , b u t a n a c t iv e
D o v. Ilam b.rf.
_ _
_
....
....
....
....
tra d e w a s c h e c k e d b y th e s c a r c ity o f fr e ig h t-r o o m , n o th in g
H a m b u rg , steamrf.
%
%
%
b e in g o b ta in a b le b e fo r e th e m id d le o f J u ly .
T h e s a le s y e s t e r 
....
....
....
Do
........... d .
....
....
....
d a y in c lu d e d N o . 1 N o rth e rn a t
u n d e r J u ly t o J u ly p r ic e
25*
A m s’ d am , steam .e. 2 2 %*
25*
25*
25*
25 *
f . o . b . a f lo a t , d e l i v e r y e n d o f J u n e ; N o . 3 h a r d w i n t e r a t J u l y
Do
la te r ., c.
....
....
....
....
....
p r ic e f. o . b . a flo a t , a n d N o . 3 r e d w in t e r a t % c . u n d e r J u ly
R e v a l, s te a m ___ d.
3ie
318
S16
3ie
S1B
316
p r ic e d e liv e r e d .
T o -d a y th e s p e c u la tio n w a s fa ir ly a c t iv e a t
___
Do
.................. d .
....
....
....
....
a d v a n c iu g p r ic e s o n a d e m a n d fr o m ' ‘ s h o rts ’ ’ to c o v e r c o n 
B ’ lo n a , d i r e c t .. . d .
732 ® I4 732'® *4
7S. '< *4 732® J
*
4
U 84
tra cts, s tim u la te d b y u n fa v o r a b le c r o p a c c o u n ts fr o m a b r o a d
G e n o a , s t e a m ... d .
632
B
82
532® 11e4 53 i ® l l 64 a n d g e n e r a l l y s t r o n g e r a d v i c e s f r o m t h e W e s t . T h e s p o t m a r 
5S2®U 64
T rie ste , v. L o u d ’ n d.
1164
S16
316
310
318
s 18
k e t w a s m o d e r a te ly a c t iv e a n d fir m e r .
T h e s a le s i n c l u d e d
A n tw e rp , ste a m , d.
7.1
7B
4
%1
70N o . 3 h a r d w in t e r a t i^ c . o v e r J u l y f. o . b . a flo a t , N o . 3 r e d
* C ents p e r 100 lbs
w in t e r a t 7 1J g c. d e liv e r e d a n d N o . 3 N o r t h e r n a t 7 1 c. d e 
L i v e r p o o l .— B y c a b l e f r o m L i v e r o o o l w e h a v e t h e f o l l o w i n g
liv e r e d .
s t a t e m e n t o f t h e w e e k ’ s s a l e s , s t o c k s . & o ., a t t h a t p o r t :
DAILY CLOSING PRICES OP NO. 2 RED WINTER WHEAT.
M a y 26.

J u n e 2.

J u n e 9.

J u n e 16.

29.0 00
53.0 00
100,000
84.000
Bales o l th e w e e k ............. bales.
2 ,0 0 0
1,000
3 .0 0 0
1,000
O f w h ich e x p o r te r s t o o k . . . .
1.000
1,000
2 ,0 0 0
O f w h ioh sp e cu la to rs t o o k ..
4 8 .0 0 0
7 0 .0 0 0
68.0 00
Bales A m e r ic a n ............................
2 6 .0 0 0
8 ,0 0 0
5 ,0 0 0
6,000
13.000
A otn al e x p o r t ................................
4 6 .0 0 0
F o rw a r d e d .....................................
3 4 ,0 1 0
66.0 00
6 7.0 00
T o ta l stock —E stim a te d ______ 1 .5 7 4 .0 0 0 1 .5 7 3.00 0 1 .5 6 3.00 0 1 .5 2 0 .0 0 0
1.3 2 1.00 0 1 .3 1 4.00 0 1.2 9 1.00 0 1 .2 5 5 .0 0 0
O f w h ich A m erioa n —E etlm ’ d
5 0.0 00
6 2 ,0 0 0
3 4 .0 0 0
37.0 00
T otal Im port o f th e w e e k ..........
3 5 .0 0 0
3 9.0 00
2 5.0 00
O f w h ioh A m e r ic a n .................
2 8.0 00
7 9 .0 0 0
53,0C 0
8 7 .0 0 0
3 8,0 03
A m o u n t a floa t______ __________
5 1.0 00
7 5 .0 0 0
7 0.0 00
O f w h ioh A m erioa n .................
3 6 ,0 0 0
T h e to n e o f th e L iv e r p o o l m a r k e t fo r sp ots a n d fu tu r e s e a c h
d a y o f t h e w e e k e n d i n g J u n e 13, a n d t h e d a i l y c l o s i n g p r i c e s
o f s p o t c o tto n , h a v e b e e n as fo llo w s :

S at.

d u n e d e liv e r y ..................... 0 .
J u ly d e liv e r y .................... o.
A u gu st d e l iv e r y ............... o.
Septem ber d e liv e r y ..........o.
O otober d e liv e r y ............. o.
D ecem b er d e liv e r y ------ o.

ifo n .

T u tg.

W ed .

T K u rs.

S r i.

72%
73%
—
77%
79%
82%

71%
72%
74%
76%
78
81%

72
73%
75%
77%
78%
82%

72%
74
76
7 7 7e
79%

71%
73%
75%
77%
-------82

72%
73%
" 5 78
78
79%
83

T h e r e h a s b e e n a m o d e r a te ly a c t iv e s p e c u la tio n in I n d ia n
c o m fu tu r e s a u d p r ic e s h a v e m a d e a m o d e r a te a d v a n c e ,
d e s p i t e t h e u n s a t i s f a c t o r y c o n d i t i o n o f a f f a i r s in f i n a n c i a l
c ir c le s , o n a d e m a n d f r o m “ s h o r ts ” t o c o v e r c o n t r a c t s , s tim u 
l a t e d b y a r e d a c t i o n in t h e c r o p m o v e m e n t .
Y esterd a y,
h o w e v e r , th e re w a s s o m e r e a c t io n f r o m t o p p r ic e s u n d e r
s e llin g b y “ lo n g s ” t o r e a liz e p r o fits , p r o m p t e d b y fa v o r a b le
c r o p p r o s p e cts a n d in s y m p a th y w it h a b r e a k in w h e a t.
The
s p o t m a r k e t w a s fir m e r b u t q u ie t, th e a d v a n c e c h e c k in g tr a d e .

THE CHRONICLE.

1026

Yesterday sales included No. 3 mixed at 48%c. in elevator and
yellow at 49c. in store. The speculation to-day was active
and prices advanced sharply, owing to a temporary removal
of the import duty by France on the coarser grains. The spot
market was firmer but dull. No. 3 mixed sold at 50}£e. in
elevator and delivered.
D A IL Y CLOSING P R IC E S O P N O. 2 M IX E D CO RN .

Sat.
June delivery______ . . . . . . o . 4 7 %
July delivery................... ..0 . 4 7 %
August delivery............. - . 0. 4 8 %
September delivery........ o. 4 3 %

M on.
47%
47%
48%
43%

Tues.
48%
48%
49%
49%

Wed.
49
49%
49%
50

Thun.
48%
48%
49
49%

F ri.
50
50%
51
51%

Oats have advanced on a brisk demand from shorts to cover
contracts due to a material decrease in the supply in sight ind
in sympathy with the rise in corn. Yesterday, however, real
izing sales by longs caused some reaction from top prices. To
day the market was active and higher, due to the temporary
removal of the French import duty on grain.
D A IL Y CLOSING P R IC E S O P NO. 2 M IX E D O A T S .

Sat.
June delivery..................... e. 3 6 %
July delivery.....................o. 3 5 %
August delivery............. ..o . 33%
Beptember delivery..........c. 31 %

M on.
36%
35%
33%
31%

Tues.
37
36
34
32

Wed.
37%
36%
34
32

Thun.
37%
36 %
33%
31%

VYt,
38
37%
34%
33

Eye has continued dull and prices are easy at a slight further
decline.
FLOU R.

F i n e ............. . . . » bbl. $1 8 0 ® S 2 15 P a ten t, w i n t e r . . . . . . . $ 3 6 5 ® S 4
Buperflne...................... 1 9 0 ® 2 45 C ity m ills e x tra s ........ 3 8 0 ® 3
E xtra , No. 2 ............... 2 10® 2 60 R y e flo u r,su p e rfin e -. 2 9 3 ® 3
E xtra , N o. 1 ............... 2 4 0 ® 2 76 B u ck w h ea t flo u r ........
®
C le a rs............................ 2 6 0 ® 3 2d C orn m eal—
S tr a ig h ts ..................... 3 2 0® 4 0 1
W estern, & o______ _ 2 6 0 ® 2
P a ten t, sp rin g_______ 4 0 0 ® 4 35
B ra n d y w in e .............
2 75
[W heat flour in sacks sella a t p rices b elow th ose fo r b a rrels.]

00
90
20
70

GRAIN.

W heat—
Spring, o e r h u sh . . .
B e d w in ter N o 2 . .
R ed w in te r.............
W h ite ........................
O ats—M ix e d ..?* b u .
W h ite ........................
N o. 2 m ix e d ...........
N o. 2 w h ite .............

c.
6 4 to
7 2 ls®
59 ®
61 ®
33 ®
3 3% 5
38% ®
40 ®

C.
77
74
75
75
40
4U s
3 9%
41

C orn, p e r b u s h .—
W est’ n m i x e d ........
Steam er N o. 2 .........
W estern y e l l o w . . .
W estern w h ite .......
R ye—
W estern, p er b u s h .
8 tate and J e r s e y ..
B arley—N o . 2 Wes t’n.
State 2 -ro w e d ........
S tate 6 -row ed ........

c.
48
50
50
51

to
to

to

c.
52
51
53
54

58
59

to
to
®

59
60

..

to
to

..

F o r oth er tab les u su a lly given here see page 9 9 9 .

T H E D R Y GO O DS T R A D E .
N

e w

Y

o r k

,

Friday, P. M „ June 1 6 ,1 8 9 3 .

fVoL. LY I.

While the demand for domestics has been, as already stated,
disappointing, and by no means equal to what is usually ex
perienced at this time of the year, occasional transactions of
fair extent are noted in brown sheetings for shipment by slow
freight as well as the recording of some orders for future de
livery, chiefly on private terms, from which it is inferred that
buyers have had the advantage. Export business in sheet
ings and drills continues quiet. Bleached shirtings are slow,
awaiting revised prices, which are expected to show a decline
of from Me. to Me. per yard. Colored cottons of all kinds are
in moderate request only and in kid-finished cambrics and
other converted goods business is quiet at unchanged prices.
Wide sheetings, cotton flannels, white goods, quilts, &c., are
all without material change. Fall prints have opened at 6c.
per yard for standard fancies against
previous season
and are in but moderate request there. Ginghams also are
quiet at first hands. Prints and ginghams are slow with job
bers, but fine-printed specialties are doing fairly well. Print
cloths are dull and printers ask 3 7-16c. for 64 squares, but the
tendency is against them. American indigo blue prints have
been reduced from 6Mc. to 6c. per yard.
1 8 93.
Stock o f P r in t Cloths —
J u n e 10.
Held by Providence manufacturers.
8 5 ,0 0 0
Fall River manufacturers................... 14,0 0 0
Total stock (pieces)........................

9 9 ,0 0 0

1 8 92.
J u n e 11.
None.
None.

1 8 91.
June 12.
4 4 9 ,0 0 0
4 3 7 ,0 0 0

None.

8 8 6 ,0 0 0

—The demand for men’s-wear materials
has not broadened to any material extent this week, although
agents have pul a further number of lines on the market for
next spring, including popular priced goods in all-wool and
other makes. City buyers are indisposed to commit them
selves to any but small orders and salesmen on the road re
port out-of-town buyers quite as indifferent. Duplicates for
heavy weights come forward very slowly, while rejections and
cancellations are again disagreeably prominent. A further
heavy failui-e in the wholesale clothing trade lias helped to
aggravate the generally uncomfortable condition of this de
partment. More reports of mills shutting down or “ laying off”
part of their looms come to hand, as manufacturers run out
of orders and will not produce goods for stock. Business
in woolen and worsted dress goods is hardly better than in the
foregoing, few new orders being placed by jobbers or others
for fall makes, although agents are disposed to make easier
terms for them.
F o r e i g n D r y G o o d s . — Business has been dull throughout
in the stores, and the only outlet for balances of seasonable
stocks appears to be through the auction rooms. Orders for
fall goods are coming forward somewhat slowly. Department
buyers who have returned from Europe report that the orders
placed there for silks, dress goods, ribbons, &e., will fall con
siderably short of previous seasons in the aggregate.
D o m e s t ic W

o olen s.

Disappointment at the continued absence of important de
mand is expressed on all sides by agents and commission men.
So far there are but few indications noticeable of a red effort
on the part of buyers to contract for fall supplies of staple do
mestics, and business is largely behind compared with corre
sponding dates previous years. Under these circumstances I m p o r t a t io n s a n d W a r e l io u s e W it l id r a w a ls o f D r y G o o d s .
The importations and warehouse withdrawals of dry good a
stocks of unsold merchandise are increasing as the demand
for current requirements is nit equal to carrying off surplus at this port for the week ending June 15, and since Jan. 1,
production. The hardening tendency noticeable a little while 1893, and for the corresponding periods of last year are as
ago has quite disappeared, an 1 sellers who are able to holi follows:
their own and resist demands for concessions in price are
Bomewhat better situated than the majority. The mar
ket for raw material has advanced lately, but no atten
tion appears to be paid to that and it exercises no in
fluence as a factor in the present situation. The
financial conditions of the dry goods trade are, so
far as deductions can be drawn from surface indica
to rs and daily happenings, better than the conditions in most
other branches of business, but still the collections are more
irregular than is agreeable, and credits are being submitted
toa more than usually severe scrutiny. The new season in
fail prints opened this week at a decline of M ’•per yard from
last season’s opening price, with buyers very conservatively
disposed; agents reporting that the first round of orders aver
ages about one-third only of usual quantities so far as it has
come forward. In the jobbing trade there has been only a
small business done in any department outside of those
handling cotton dress fabrics of the wash goods order. Cur
rent consumption is large enough to ensure a steady outward
movement of fair proportions.
D o m e s t i c C o t t o n G o o d s . —The exports of cotton goods
from this port for the week ending June 13 were 1,558
packages, valued at $109,402, their destination being to the
points specified in the table below:
o rk

to

J

une

1893.

1892.

Week. Si?ice J a n . 1.

N iw Y

Week. Since Jan . 1

13.

Great Britain.......
Other European..
C h ina....................
India........................
Arabia...................
Africa......................
West Indies...........
Mexico....................
Central America..
Bouth A m erica...
Other oou atries...

72
9
107
160

1,877
700
13,522
1,806
4 ,743
5,295
9,194
967
2,286
21,193
1,214

163
22
41
45
150
100
130
33
122
913
48

2 ,647
971
53,675
2,581
5 ,383
4,365
7,509
1,828
2,849
22,2 9 7
1,473

62,802
12,924

1,775

105,578
6,979

1.558
75,726
* F rom N ew E n gla n d m m p o in ts d irect.

1,775

1 12,557

Total....................................
China, via Vancouver.. . I .
Total........X . .......................

'7 1
149
100
69
762
59
1,558

York exports since January 1 have
been $3,711,407 in 189S against $5,418,570 in 1892.

THE CHRONICLE.

J une 17, 1893.J

1027 ,

citizens of Buffalo will be issued on July 15, 1898. The bonds
are to bear interest at the rate of 6 per cent per annum, pay
able annually in July at New York, and will become due
July 15, 1923, with an option of call after July 15, 1903. The
t e r m s
o f
s u b s c r ip t io n .
city has at present no debt of any kind. The assessed valua
tion (which is one-third of actual value) in 1892 of real estate
C o m m e r c ia l a n d F in a n c ia l C H R O M IC L E
con was §204,339 ; personal property, §180,035; total, §381,374 ;
total tax rate per $1,000, §25, of which amount §1 is State
t a in s 4 0 to 0 4 pages
blished every week.
tax, $12 county tax, §6 city tax and §3 average school tax.
S t a t e a n d C i t y S u p p l e m e n t of C H R O N I C L E con
Buffalo, N. Y.—(State and City S upplement, page 45 ) At
t a in s I S O pages published several times each year.
the second offering Buffalo received no bids for the §75,000 of
I n v e s t o r s ’ S u p p l e m e n t of C H R O N I C L E (a Cyclo- 3% per cent refunding bonds. The loan will be offered again.
p c e d ia of Railroad Securities) contains 1 0 0 pages published
Burlington, Vt.—(State and City Supplement, page
17.) —
Bids will be received until June 22, by E. C. Mower, City
•very other month.
_________
Treasurer, for the* purchase of coupon or registered im
provement bonds of the citw to the amount of §20,000. The
Subscription to CHRONICLE for one year $ 1 0 . 0 0 ,
loan will bear date of J u ly!, 1893, with interest at the rate
which includes every issue of both Supplements.
of 4 per cent per annum, payable semi-annually on January
1 and July 1 of each year, and will mature July 1, 1913.
Principal and interest will bs payable at the office of the City
T i l e p u r p o s e o f t ills S t a t e a n d C it y D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and Treasurer. The bonds are to ba issued for the purpose of re
funding the same amount of bonds due July 1, 1893.
continuation of the State and City Supplement. In other
Cedar Rifpids, Neb.—The people of this city voted on June
words, with the new facts we shall give, the amplifications
5 in favor of issuing bonds for water works purposes.
a n d corrections we shall publish, and the municipal laws we
Chariton County, Mo.—(State and City Supplement,
•hall analyze in the “ State and City Department,” we expect
page 113.)—Notice has been given that 6 per cent refunding
to bring down weekly the information contained in the bonds of Chariton County, dated July 1, 1883, and numbered
S t a t e and City Supplement to as near the current date as from 1 to 5 inclusive, for §1,090 each, will be pail on presen
possible. Hence if every Subscriber will note in his Supple  tation at the National Bank of Commerce, St. Louis, Mo., and
also 6 per cent county compromise bonis dated July 1, 1879,
m e n t on the page designated at the head of each item a
aud numbered from 80 to 130 inclusive, will be paid oa pre
reference to the page where the item in the Chronicle can sentation at the Laclede National Bank, St. Louis, Mo. All
be found, he will at all times possess a complete and fresh of the above bonds will be paid on July 1, 1893, on and after
which date interest on same will cease.
cyclopaedia of information respecting Municipal Debts.
Clinton, Mass.—(State and City Supplement, page 23.)—
It is reported that the people of this town h ive voted §8.003
for sewers, for which purpose bonds will probably bi issued.
K noxville, Tenn.—(State and City Supplement, page
Dothan, Ala.—B >nd3 of this
181.)—Some five years ago the city of Knoxville voted to issue have recently been voted by theplace to the amount of §20,000
people for water works pur
railroad aid bonds to the amount of §295,000 in favor of the poses. W. T. Harvey, Secretary, writes us that the To vn
Knoxville Cumberland Gap & Louisville Railroad. The chief Council will issue only §10,000 of the amount at present, for
condition of the subscription was that the road should be which bids are already being received. The bonds bear inter
est at the rate of 6 per cent per annum, payable on January 1
completed at a given date. When the road was completed and Julv 1 of each year at the H iniver N itional Bank, New
the company called on the city for the bonds in the amount York City, and mature June 1, 1923, but are redeemable at
named. The city refused to issue them, claiming that the option after June 1, 1913. The town has no debt at present
road was not completed within the contract time or in other and its assessed valuation in 1892 was about §375,000; State
arid county tax rate (per §1,000), §11; city tax rate (per §1,respects as agreed. Chancellor Gibson has decided the suit 000), §5. The bonds to be issued will be free from town tax,
and gives judgment against the city. Unless reversed in the
El inhurst School District, Alameda County, Calif.—Pro
Supreme Court the bonds will have to be issued. The road posals will be received at the office of George Chase, County
was built to be a competitor of the East Tennessee Virginia & Treasurer, until June 30, for the purchase of §15,000 of school
Georgia Railway, but it is asserted that the East Tennessee district bonds. The bonds will bear interest at the rate of 6
per cent per annum, payable annually on July 1 of each year,
has acquired an important interest in the new road.
and will mature at the rate of §3,000 every other year begin
ning two years from date of issue. All bids must, be equal in
amount to the par value of the bonds bid for.
B o n d P r o p o s a l s a n d N e g o t i a t i o n s . — We have re
Par Rock away, N. Y.—Bi ts will be received at the Far
ceived through the week the following notices of bonds Rockaway Bank until June 20 for the purchase of §5,000 of
recently negotiated and bonds offered and to be offered foi fire engine bonds and §15,000 of school-house bonds. Both
loans will bear interest at the rate of 5 per cent per annum,
sale.
the fire engine bonds maturing at the rate of §1,000 yearly
date of
school-house
Adams, Mass.—(State and C ity Supplement, page 20)— fromof §3,000issue and the date of issue.bonds maturing at the
yearly from
Bids will bs received until June 2) for the purchase of rate
Granite Falls, Minn.—Water works extension bonds of
§100,000 of 5 per cent water bonds. Interest on the loan will
be payable semi-annually and the bonds will run from one this place to the amount of §8,000 are being consi iered.
to 20 years.
Kansas City, Kans.—(State and City Supplement, page
A
Allegheny, Pa.—(State and City Supplement, page 65 )— 127.)— letter received from Wdliarn Albright, City Clerk,
We noted in last week’s Chronicle that §800,000 of street im states that the people of Kansas City will vote to-day on the
provement bonds of this city had been auth irized aud that proposition of issuing §103,000 of bon is for the purpose of
§300,000 of sewer bonds were under consideration. James erecting additional school buildings. The bonds are to bear
Brown, City Comptroller, writes us that these loans will not interest at a rate not to exceed 5 per cent per annum payable
be placed on the market until about October 1, 1393. They semi annually, and will miture in not less than seventeen
will bear interest at the fate of 4 per cent per annum and will nor more than thirty years.
mature in 30 years with an option of call in 20 years.
bus Angeles, Calif.—(State and City S upplement, page
City Clerk C. A. Luchenbach notifies the Chronicle
Anacortes, Wash—Augustus Hensler, City Clerk, writes 143.)—
the Chronicle that §85,000 of city bonds were s >ld on June that §100,000 of 5 per cent water works bonds were sold on
5 to Messrs. De Van & Rutledge, of Los Angeles, Cal, at par May 23 to Messrs. N. W. Harris & Co. for a premium of
and accrued iuterest, theirs being the highest bid. Tae loin Sl,i50. Other bids received were from Messrs. Spitzer &
bears interest at the rate of 6 per cent par annum, payable Co. and .Messrs. Lampreoht Bros., both firms offering a
semi-annually in New York, and matures in 20 years. This premium of §1,075. Water works bonds to the am mat of
is the only indebtedness that is outstanding against the city, §526,000 were advertised t ) be sold on Miy22, but ths City
and its assessed valuation in 1892 was §2,961,816; city tax Clerk states that all bids were rtriected and uew biis called
for and received on May 23 for §103,000 of the sa ns bonds.
rate per §1,000, §10.
Bellevue, Ohio.—C. R. Callaghan, Village Clerk, will re The loan matures part yearly from January 1, 1S94.
Madison, Wis.—(State and City Supplement, page 102.)—
ceive proposals until July 3 for the purchase of §12,000 of 5
per cent water-works bonds. Interest on the loan will be pay City Clerk 0. S. N irsman writes the Chronicle that the $25,able semi-annually and the hoods will mature at the rate of 000 of water works extension and street improvement bonds
$1,000 every six months from January 1, 1908, to July 1, of the City of Madison which were offered for sale on June 9
1913. The bonds will be sold to the highest bidder, but in no were awarded to the Com nissioners of the Public Lands of
the Slate of Wi-consin at par and accrued interest. Oaly one
case for less than their par value.
other bid was received, which came from Farson, Leach &
Brockton, Mass.—(State and Citv Supplement, page 22 ) Co. of Chicago, offering par and accru- d interest, less 2 per
—Sewerage bonds of this city to the amount of §210,000 have cent commission. Tlia bonds bear interest at t le rate of 4}£
been authorized by the Council.
per cent, payable annually on January 1, and mature July 1,
Buffalo, Wyo.—We are informed by one of the city officials 1913, with an option of call after July 1, 1903. Principal and
that the §40,000 of water works bonds recently voted by the interest will be payable at the First Nati >ual Bank of Madison.

S

tate

and

C

it y

D

epaptw en t,

THE CHRONICLE.

1028

McKee’s Rocks, Pa.—It is reported that the citizens of this
place hare voted in favor of issuing $50,000 of water-works
bonds.
Morristown, Tenn.—(State and City Supplement, page
101.)—An election will take place in Morristown on July 5 to
vote on the proposition of issuing water works bonds to the
amount of $40,000.
Nashua, N. H.—(State and City Supplement, page 15.)—
Mr. E. M. Bowman, City Clerk, writes the Chronicle that
$215,000 of city bonds were sold on May 27 to Spencer Trask
& Co. of Boston, Mass , at 101'07. Three bids in all were re
ceived. The bonds bear interest at the rate of 4 per cent per
annum, payable semi-annually in June and December of
each year, and $200,000 of same, issued for floating debt,
school and street purposes, will mature June 1, 1913, and the
remaining §15,000, issued for engine hotfte purposes, will
mature June 1, 1918.
Niagara Falls, N. ¥.—(State and City Supplement, page
52.)—Water-works bonds of this city to the amount of $50,000
have recently been voted.
Ogdensburg, N. Y.—(State and City Supplement, page
52.)—H. L. Jones, City Clerk, writes us that the City of Ogdens
burg offers for sale 860,000 of 3)^ per cent bonds. Interest on
the loan will be payable semi-annually in April and October
of each year and the bonds will mature at the rate of $2,000
yearly from May 1, 1894, to May 1, 1923. The bonds will be
registered or coupon, at the option of the purchaser.
Ottnmwa, Iowa.—(State and City Supplement, page 110.)
—H. L. Waterman, Chairman of the Finance Committee of
Ottumwa, writes the Chronicle, in answer toan inquiry con
cerning $23,000 of bonds which were to be sold on June 3,
that same were not awarded. He states that they will be
offered for sale again as soon as the money market improves.
The bonds are to be issued to refund outstanding warrants,
and are to run 20 years from Feb., 1893, with an option of call
at any time. Interest at the rate of 5 per cent will be paya
ble semi-annually, and both principal and interest will be pay
able at the Chase National Bank, New York.
Pipestone Independent School District No. 1, Minn.—W.
W. Rob, Secretary of the Board of Education of this school

N E W LOANS.

[VOL. LVI*

district, writes the Chronicle that bonds to the amount of
$40,000 were sold on June 10 to Messrs. Lamprecht Bros. &
Co., of Cleveland, Ohio, at par. The bonds mature July 1
1908.
’
Pittsburg, Pa.—(State and City Supplement, page 69.)—
City Controller H. J. Gourley writes the Chronicle that the
city has not decided to issue bonds for any purpose. We
make mention of this statement as there is a current report
to the effect that $100,000 of electric-light bonds are to be
issued by the city of Pittsburg.
Portland, Dreg.—(State and City Supplement, page 147.)
—The Water Committee of Portland (Frank T. Dodge, clerk),
will receive bids until June 30th for $500,000 of 5 per cent 30year water bonds, to be dated July 1, 1893. Both interest and
principal of this loan will be payable in gold at the office of
the City Treasurer. Three thousand dollars of the securities
will be delivered to the purchaser on the day the bonds are
dated, and the remaining block of $200,000 will not be de
livered until October 1, 1893. The purchaser of these latter
bonds will be required to pay accrued interest to that date m
addition to the amount of his bid. A n advertisement giving
further information in regard to the proposed issue will be
found elsewhere in this Department.

Salt Lake City, Utah.—(State and City Supplement, page
138.)—Harry T. Duke, Treasurer of Salt Lake City, writes the
Chkonicle that the election which took place on June 5 to
vote on issuing $225,000 of school bonds resulted in favor of
the proposition. The date of sale of the bonds has not as yet
been fixed, and the Treasurer states that they will probably
be 20-year 5 per cent gold bonds. The City Treasurer also
notifies us that he will receive proposals until June 22 for the
purchase of $300,000 of city improvement bonds. The bonds
will bear interest at the rate of 5 per cent per annum, pay
able semi-annually on January 1 and July 1 of each year, at
Wells, Fargo & Co.’s Bank, New York City or Wells, Fargo &
Co.’s Bank, Salt Lake City, at the option of the holder, and will
mature July 1, 1912, with an option of call after July 1, 1902.

NEW

N E W LOANS.

$ 3 8 0 ,0 0 0

P O R T L A N D , ORE. , N . W .
City of San Diego, Cal.,
W A T E R BONDS.
F U N D IN G

B O N D S .

PROPOSALS

FOR

W ATER

B O N D S .—

Office o f th e W ater C om m ittee o f th e City o f
P ortlan d, Or.—S e a k d proposals w ill be re c e iv e d at
Office of the Cit y T r e a su r e r
\
th is office until 3 P. *v. on Friday, J u n e 30, 1893. fo r
of the Ci t y of Sa n D iego , Ca l . j
th e purchase o f the w h o le or any part o f T h ree
I, T. J. D ow ell, City Treasurer o f th e City o f San H u n dred Thousand D ollars [$;.00,00o] o f th e bon d s o f
D iego, hereby g iv e n o tice th at I will re ce iv e sealed said city, in den om in ation s o f O ne T h ou san d [$i,000]
proposals a t th e office o f th e City Treasurer o f the each, d.ited Ju ly 1, 18>*3, payable th irty [30] years
thty o f San D iego, California, up to and including fro m date, and bearing in terest a t t h e rate o f F ive
W ednesday, th e 6th day o f July, 1893, at 4 o ’clo ck T5] per c e n t per annum , payable on th e first days o f
o f said day, f o r th e purchase o r e x ch an g e o f January and July o f each year. P rincipal and in 
♦380,000 o f tw en ty-year fu n d in g bon d s o f said citv, te re st payable in United 8 t-.te s g o ld c o in a t th e office
b ein g bon d s Nos. 1 t o 760, b o ih inclusive, and each o f th e T re a -u re r o f said c ity ; said bo n d s to be paid
f o r th e sum o f $500, dated January 1,1893. and b ea r f o r and deliv ered t o the purchaser on th e first day o f
in g interest at th e rate o f fo u r and on e -h a lf per cent July, 1893.
a Iso f o r th e purchase o f th e w h ole o r any part o f
per annum , payable annually a t the office o f th e City
Treasurer.
T w o H u n dred T h ou san d D ollars [f2oo,00o] o f th e
A ll proposals f o r th e purchase o r exch an g e o f said sam e series o f bonds, to be paid f o r an d deliv ered to
DondB w ill be opened a t the office o f said City T reas th e purchaser o n th e secon d day o f O ctob er, 1893,
urer on th e 5th day o f July, 1893. a t 4:30 o ’clo ck P. M. th e bidder to pay the accru ed in terest fr o m Ju ly 1,
o f said day, and n o i roposal w ill be accepted, eith er 1893, in a d o itio n to the p rice bid.
T h e se bon d s are issu ed un d er au th o rity o f an act
f o r the purchase or ex ch a n g e o f said bonds, f o r a
less sum than the fa c e valu e o f said bo n d s and th e o f th e legislative assem bly o f O regon passed F e b ru 
accru ed interest th ereon. Bids can be subm itted fo r ary 1 6 , 1893, th e proceeds to b e u se d f o r th e c o n 
any am ount o f said bonds t o suit purchaser. A n y stru ction o f w ater w orks.
T h e bonds w ill be d eliv ered w ith co u p o n s a tta ch e d
proposal and bid fo r th e purchase o r ex ch a n g e o f
Baid bonds accepted b y m e as such T reasu rer shall f o r in terest fro m July 1. 1893.
T h e proposals will* be e n d orsed o n th e o u tsid e o f
h© su b ject to the approval o f th e C om m on < o u n cil o f
th e sealed en velope, “ P roposals f o r P u rch a se o f
th e City o f San D iego, w h o reserve the rig h t to re je ct
any and all proposals and bids fo r th e purchase or W a te r b o n d s,” and add ressed to “ F ran k T. D odge,
Clerk o f th e W ater C om m ittee, P ortland, Or.”
exch an g e o f said bonds.
T h e rig h t to r e je c t bids is reserved.
***
_
m
T . J. D O W E L L ,
By o rd er o f th e W ater C om m ittee.
m av C t?QA$easurer o f th e Cit5 < f San D iego, Cal.
i , 1893.
* >
M AI o
F R A N K T . D OD GE , Clerk.
P ortlan d, Or., Jun e 8, 1893.

$ 5 0 ,0 0 0
30-Year Gold Cs.

4 1 per cent
/2

Price and P articu la rs on A p p licatio n .

30 YEAR REFUNDING
W r it e

for

L a te st

L is t

ol

C H IC A G O ,
1 1 5 D earborn S t.

Coffin
72

W.

J.

Ha^es

&

Sons

fA S R E B S ,

Dealers in M UN IC IPA L BONDS.
Street Railw ay Bon ds and o th e r high grade it
VPRtmpnts
* B
”
vestm ents.

3 1 1 - 3 1 3 Superior S t.,
C le v e la u d .
7 E x ch a n g e P la c e .

10 W ill Str e
New York.

B o s to n
Cable Address, KENNETH.”

&

B ro a d w a y ,

Stanton,
-

N ew Y o rk .

Edward M orton & C o .,
53

B road w ay,

N ew

S T R E E T , NEW

YORK

Duluth,

Newport, Ky.,
Haverhill, Mass.,
St. Louis,
Milwaukee,
Lincoln,
Kansas City,
Los Angeles,
Lawrence, Mass.,
Ogden, Utah,
New Whatcom, Wish.
SEND F O R N E W IN V E S T M E N T L I S T G IV IN G
D E T A IL E D S T A T E M E N T S O F T H E S E A N D
O T H E R H IG H -G R A D E SE C U R ITIE S.

I ONDS.

P r ic e a n d p a r tic u la r s o n
a p p lic a tio n .

N E W Y U 11 It.
a W a ll S t.

C o .,

Bostoa,
Chicago,
Omaha,
Minneapolis1
,

li vestm ei ts.

Farson, Leach & C o .,

&

O w n an d offer lo r s a le in am ounts to suit*

CI1Y OF INDIANAPOLIS, INDIANA,

and Interest P a y a b le in G old.

Harris
BANKERS,

Bonds of C ities of

$ 6 2 1 ,0 0 0

City of Birmingham, Ala.
P rincipal

15 W ALL

LOANS.

Y ork .

S p e c ia ltie s :
M C N IC IP A L ,
S T R E E T R A IL W A Y RONDS
and
B A N K STO CKS.

GOLD BONDS.
P r o v id e n c e , R . I . ,
•
•
•
•
4s
S t. L o u is , M o .,
•
•
•
•
.4 s
D u lu tlft, M i n n . , ..................................... 4 ^ 8
G reat F a lls , M o n .,
•
•
•
.6 s
S a n t a R a r b a r a , C a l ., •
.
.
.
5s
C l a l l a m C o ., W a s h . ,
•
•
•
.6 s
S a lt L a k e C it y S tr e e t R y . ,
.
•
6s
M e t r o p o l i t a n S tr e e t R y . , D e n v e r ,
6s
The above are payahje^rincipal and interest in
Write for full description and price to

E.

H.

Rollins & Sons,

N ew Y o r k C ity,
3 3 W a l l S tre e t.

B oston,
£ 1 6 E xchange B u ild ing.

THE CHRONICLE.

J unk 17, 1893.]

This is part of an authorized issue of $600,000, §300,000 of same
having been issued in July, 1892.
Santa Rosa, Col.—J. L Jordan, City Clerk, will receive
roposals until July 21 for the purchase of $165,000 of water
onds. Interest on the loan will be payable at the rate of 4
cent per annum and the bonds will mature at the rate of
$4,125 yearly from the first Monday in December, 1894, to the
first Monday in December, 1933.
An election which took place in Santa Rosa on June 3 to
vote on issuing $30,000 of bonds for the purpose of construct
ing a new school building resulted in favor of the proposition.
Seattl c, Wash—(State and City Supplement, page 148.)—
It is rep orted the people of Seattle have voted in favor of
issuing the $250,000 of additional sewer bonds and $95,000 of
bonds to complete the Lake Union sewer tunnel. The loans
will be composed of 20-year 5 per cent gold bonds with interest
payable somi-annually and will probably be dated July 1,1893.
Somerset County School D istrict No. 38, N. J.—District
Clerk S. B. Joseph will receive bids until June 24th, at Plainfield, N. J ., for $16,000 of 5 per cent school bonds to be dated
July 1, 1893. We are not informed as to the length of time
for which the securities will run. The school district is situ
ated in North Plainfield. For farther particulars in regard to
this sale the reader is referred to an advertisement elsewhere in
this Department.
Somerset, Mass.—Town Treasurer Elisha Slade writes us
that 4% per cent 15-year bonds to the amount of $15,000 have

been awarded to C. N. Barnard & Co., of Boston.
South Bethlehem, P a .- (State and City S upplement,

page 70.)—Adam Brinker, Chairman of Finance Committee,
will receive proposals until June 19 for the purchase of $39,000
of 4 per cent 10-15-year and 15-25-year borough bonds.
St. Lawrence County, N. Y.—A. E. Smith, County Treas
urer, will receive proposals for $60,000 of court house bonds.
The bonds will be registered or coupon, with interest payable
semi annually on March 1 and September 1 of each year, and
will mature at the rate of $5,000 yearly from March 1, 1895,

NEW

LOANS.

NEW
C H O IC E

1029

to March 1, 1906 Bidders will state at what rate of interest
they will take the bonds, which must not exceed 4 per cent.
The bonds will not be sold for less than par, and will be issued
in amounts of $10,000 or upwards, as the building committee
directs. The county is free from indebtedness of any kind,
and is assessed for over $34,000,000.
Tenuessce.—(State and City S ipplement, page 159.)— is
It
reported that the chief object of the visit of State Comptroller
Harris to this city was to complete the negotiations for $1,000,000 of 4 per cent Tennessee refunding bonds, the proceeds of
which are to be used to take up the maturing 5 and 6 per cent
issues.
Waco, Texas.—(State and City Supplement, page 179.)—
Mayor C. C. McCulloch writes the Chronicle that he will
consider bids by letter or by telegraph for the purchase of
$25,000 of sewer bonds of the city of Waco. The bonds will
bear interest at the rate of o per cent per annum, payable
semi-annually on January 1 and July 1 of each year, and both
principal and interest will be payable in gold coin at the office
of the Corbin Banking Company, New York City. The loan
will be dated July 1, 1893, and will mature July 1, 1933. In
order to provide a sinking fund sufficient to pay the principal
of the bonds at maturity and the interest thereon as it accrues,
there will'be levied an annual ad valorem tax of 2]/2 cents on
the $100 worth of property in the city, or so much thereof as
may be necessary.
W alla Walla, Wash.—An election will take place in Walla
Walla some time next month to vote on the proposition of
issuing water works bonds.
Waseca, Minn.—At an election which took place in Waseca
on June 6 the people voted in favor of issuing water works
bonds.
West End, 6a.—City Clerk J. A. Caldwell writes the
Chronicle that the election which was to have taken place
on June 12th to vote on a bondissue of $50,000 has been, on
account of the depressed condition of the financial market,
indefinitely postponed.
W inton Place, Ohio.—City Clerk R. B. Poage writes the
Chronicle that the sidewalk bonds which were offered for

LOANS.

M ISCELLANEOU S.
THE

IN V E S T M E N T S
IN

INVESTMENT BONDS
F O R

Lewis

Street RaiLoad and
Mun icipal Bonds.

S A F E .

Investment

C o .,

B B S M O IN E S , I O W A .
C A P IT A L P A I D U P ,

-

1150,000.

Choice Investm ents in the m oit C o n se rv a 

P R IC E S T O S U IT T H E T IM E S .

L I S T S ON A P P L IC A T IO N ,

tive F ield In the W ent*
C o r r r e s p o n d e n c e in v it e d .

M em b ers

o f the N ew

Y ork

an d

BostoB

Lamnrecht X J l U O C V U . ,
fc Go
L i c t l l i p i C C 1 1 L Bros
oi

Stock Exchanges*

45 W A L L

S T ., N E W Y O R K .

CLEVELAND.

D E A L E R S IN

j

G u a r a n t e e d F ir s t M o r t 
g a g e s o n im p r o v e d la n d s
la Io w a a a d liM te rn Nebrfl
l a I o w a a n d E a s te r n N e b r a s k a . S a fe a n d D e s ir a b le

PR G N
E ET

F ifteen Y e a r s ’ Successful Experience.
Send for Pam phlet.

BOSTON.

W. A. HOTCHKISS,

CO M M ER CIAL PAPER,

$ 2 0 0 ,0 0 0
7

Blake Brothers &

C o .,

28 S T A T E S T R E E T , BOSTON.
6 N ASSAU S T R E E T , N E W Y O R K .

P er

C en t

1 0 -Y e a r

G o ld

B on ds

OF TH E

Orange Belt Land &
Canal Co.,
P H O E N IX , A R IZ O N A .
T h e s e b o n d s a r e a fir s t m o r t g a g e o n o v e r f o n r
m illio n d o lla r s w o r t h o f p r o p e r t y .

Earning capacity of Com pany $ 3 5 0 ,0 0 0 per
annum*
M AP, PROSPECTU S

AND

P R IC E

F U R N IS H E D

U P O N A P P L IC A T IO N T O

F IS H E R

&

S H A W ,

President.

FAIR H AVEN ,
B E L L IN G H A M B A Y ,
F U T U R E M E T R O P O L IS O F P U G E T

80UND

d e s t in e d t o b e t h e g r e a t M a n u f a c t u r in g a n d C o m 
m e r c ia l C e n te r b e c a u s e it h a s
T h e L a r g e s t a n d S a fe s t H a r b o r o n t h e P a c iffc C o a s t,
Phe G r e a t e s t A r e a o f a d j a c e n t A g r ic u lt u r a l L a n d .
T h e m o s t M a g n ific e n t F o r e s t s o f T i m b e r in t h e world
Che fin e s t N a tu ra l T o w n S ite a n d W a t e r F r o n t
im m e n s e V e in s o f t h e B e s t C oa l in t h e W e s t which
3roducH 8 a c o k e e q u a l t o P e n n s y lv a n ia . I r o n , Silverle a d , G o ld a n d o t h e r o r e s . E x t e n s i v e Q u a r r ie s o f
F r e e S a n d s t o n e f o r b u ild in g p u r p o s e s . V a lu a b le in 
fo rm a tio n ca n b e h a d o f

T H E F A IR H A V E N LA N D C O M P A N Y ,

Le R oy Davidson,

BANKERS,
le n b e r s B a ltim o r e Stock E xchange,

GEO. H. LEWIS,

Act’s: Secretary.

F A IR H A V E N ,

W ASH IN G TO N .

(M I L L S B U I L D I N G ),

35 W A L L

STREET, N EW

YORK.
M U N IC IP A L

$ 5 0 0 ,0 0 0

B A L T IM O R E , M D .
S ta te n

Is la n d

M o rt. 4

1 -2

R a ilw a y
per

cen t

S E C U R IT IE S

OF
C o .

1st

P IT T S B U R G

A N D

V IC IN IT Y

D e a lt in by

G o ld

BONDS.
Hackett & H o ff,
REAL ESTATE AND INVESTMENTS,
DO M lehlgan St., M ilw aukee, Wle.
_ First Mortaragea on Improved Milwaukee Real
■state, bearing six and seven per oeut lnteres 1
•Iways on hand. No charge to the Investor for c o l 
lecting interest or looking after taxes and fire Losoraoca. A b o o in t e aeemrlty.

as. Carothers,
J;

D U E J U N E 1S T , 1943.
P r in c ip a l a n d in t e r e s t g u a r a n t e e d b y t h e S t a t e n
I s la n d R a p id T r a n s it Co.
D iv id e n d s o f 26 2-3 p e r c e n t p e r a n n u m h a v e b e e n
p a id o n t h e c a p it a l s t o c k o f t h e S t a t e n I s la n d R y . C o .
s in c e 1 S S 4 ..
P r i c e a n d s p e c ia l c ir c u l a r m a ile d u p o n a p p lic a t io n -

0 0 F O U R T H A Y E ., P I T T S B U R G , P A .

C. H. W H IT E & C O .f
BANKERS,
72 B R O A D W A Y , N E W Y O R K .

A.
ST O C K S

Strassburger,
A

B O N D S

B R O K E R ,

SOUTHERN INVESTMENT SECURITIES.
M o n tg o m e ry ,

A la ,

•

THE CHRONICLE.

1030

sale on June 10 were awarded to the “ Savings Department ”
of the Central Trust & Safe Deposit Company of Cincinnati at
par. The loan is composed of 10 bonds of $39 84 each and 10
bonds of $78 79 each, all bearing interest at the rate of 6 per
cent per annum, payable semi-annually, and one bond of each
series falling due yearly. Principal and interest will be pay
able at the First National Bank of Cincinnati.
Wooster, Ohio.—(S t a t e a n d C i t y S u p p l e m e n t , page 85.)—
Bids will be received by the Finance Committee of Wooster
until June 30 for the purchase of $28,500 of refunding bonds.
Interest on the loan will be payable semi-annually at 5 per
cent per annum and the bonds will mature at the rate of $4,000
yearly from 1903 to 1909 and $500 in 1910. Interest and prin
cipal will be payable at the City Treasurer’s Office.
Zanesville, Ohio.—(S t a t e a n d C i t y S u p p l e m e n t , page 86.)
City Clerk W. M. Sbinnick, Jr., will receive proposals until
June 23 for the purchase of $10,000 of 5 per cent 15 year ceme
tery bonds and $25,000 of 5 per cent 20-year water works ex
tension bonds. Interest on the bonds will be payable semi
annually, and both principal and interest will be payable at
the Nassau Bank, New York. Both loans will be dated July
1, 1893.
The city’s present bonded debt consists of $355,000 of water
works bonds and $168,000 of bonds issued for general city pur
poses, of which amount $62,865 are special assessment bonds
issued for paving and sewer purposes and for the partial pay
ment of which there is now in the treasury $17,865. The
assessed valuation for 1892 was $9,000,000, which is about onethird actual v a l u e . ________________

received from Arthur D. Senour, County Treasurer. No re
port from this county appeared i n our recent S u p p l e m e n t ,
County seat is Plymouth.
LOANS—
W hen D u e. T o ta l d e b t J u n e 8 ,1 8 9 3 .
$60 000
A sy l u m B on d s—
T a x v a lu a tio n 1 8 9 2 ___ 1 3 ,8 8 7 ,4 5 0
5s, J & J, $ 6 0 ,0 0 0 ..........J u ly 1 ,1 8 9 4 A ss e ss m e n t % o r 5 a ctu a l va lu e.
(P a rt d u e y ea rly ) to J u ly 1, 1 899 T o ta l ta x p e r $ 1 ,0 0 0 (ab’t) $ 1 4 0 0
In te re s t p a y a b le a t T reas. office. P o p u la tio n in 1 89 0 w a s ....... 2 8 ,8 1 8
T A X F R E E .—A ll b o n d s issu ed b y tills co u n ty a re e x e m p t fr o m t a x a 
tion .

Indiana—l a Porte County.—The following statement of
the indebtedness, valuation, etc,, of La Porte County has been
received this week from Simeon S. Bosserman, County Treas
urer. No report from this county appeared in our recent
Su pple m e n t,

County seat is La Porte.
LOANS—
W hen D u e. T a x v a lu a tio n , p e r s o ’ l..$ 6 ,6 7 9 ,8 4 2
C o u r t H o u se B o n d s —
T o ta l v a lu a tio n , 1 8 9 2 ..2 2 ,8 9 3 ,9 5 7
5 s, A p r. 1 5 ,$ 2 2 0 ,0 0 0 . A p r. 1 5 ,1 8 9 4
A sse ssm e n t Is ^ a ctu a l va lu e .
($ 2 2 ,0 0 0 d u e y ’rly ) to A p r. 1 5 ,1 9 0 3 S tate t a x (p er $ 1 ,0 0 0 )............. $3 5 0
T o ta l d e b t A p r. 1 5 ,1 8 9 3 .$ 2 2 0 ,0 0 0 C o u n ty t a x (p er $ 1 ,0 0 0 )......... 4 5 0
T a x v a lu a tio n , r e a l .. .$ 1 6 ,2 1 4 ,1 1 5 P o p u la tio n in 1 8 9 0 w a s ....... 3 4 ,4 4 5
I N T E R E S T is p a y a b le a t t b e F irs t N a tio n a l B a n k o f C h ica g o , 111.
T A X F R E E .—A ll o f th e b o n d s iss u e d b y th is c o u n t y a re e x e m p t
fr o m ta x a tio n .

Maine—Ellsworth.—We give below a statement of the
debt, valuation, etc., of the city of Ellsworth which has been
received from T. E. Hale, City Clerk, No report from this
place appears in our S u p p l e m e n t .
Ellsworth Is in Hancock County.

S T A T E AND C IT Y D E B T CH A N G ES.

LOANS—

We subjoin reports as to municipal debts received since the
last publication of our S t a t e a n d C i t y S u p p l e m e n t
Some of these reports are wholly new and others cover items
o f information additional to those given in the S u p p l e m e n t ,
a n d of interest to investors.
Indiana, Marshall County.—The following statement con
cerning the financial condition of Marshall Ceunty has been

FINANCIAL.

W

a r

D

ebt

$ 4 0 ,0 0 0

J o sh u a W ilbo u r .

FINANCIAL.

B e n ja m in A. J ackso n

W ilbour, Jackson & C o .,
BANKERS AND BROKERS,
NO. 52 W E Y B O S S E T S T R E E T ,

P R O V ID E N C E , It. I.
Dealers in Commercial Paper, Governments am)
other first-class Bonds and Securities and Foreign
Exchange.
5 ° /o S c h o o l B o n d s .
Private telegraph wire to New York and Boston.
Members o f New York and Providence Stock Kxob
Dated July 1.1803. Denomination §1,000. Inter
est payable July 1st. at the National Park Bank,
New York.

Henry

1906.

T8

1907.

1908.
1909.
1910.
1911.
1912.
1913.
The cities o f Moline and Rock Island are co
nected with Davenport, Iowa, representing a cor
bined population o f O
O.OoO. Moline alone has 15 00
The real valuation o f Moline is $6,<X m ,oo. Assess*
X
valuation, §2,127,h82. The Illinois statutory lim
upon indebtedness is 5 per cent o f the assessed va
uation. vVe especially recommend as an investmei
fo r trust funds. Price and particulars upon appj

Sproul

F O U R T H

Geo. A . Lewis &

C o .,

A V E N U E ,

P IT T S B U R G , P A .

HHHBKRS or THl
N E W Y O R K STO CK E X C H A N G E ,
P H IU A D E L P H IA S T O C K E X C H A N G E ,
P I T T S B U R G E X C H A N G E (3 M em bers),
C H IC A G O B O A R D O F T R A D E .

Ed w

ards

W

Ch a r l e s H

h it a k j ie l

odgman

BANKERS AND

S o. 139

N.

Holm es

&

P IT T S B U R G ,

Sons,

PJBN M .

CORRESPONDENTS
Bank o f New York, N. B. A.
_______ F b st National Bank o f Philadelphia.

W hitaker & H odgm an,

S ou th

BROKETS

F o u rth

S t.,

P H IL A D E L P H IA .
T r a n s a c t a g e n e r a l b a n k in g b u s in e s s .
A llo w
I n t e r e s t o n d e p o s it s .
M e m b e r s o f t h e P h ila d e lp h ia a n d N e w Y o r k S t o c k
E x c h a n g e s , a n d c o n n e c t e d b y p r iv a t e w ir e w it h
N ew Y o r k .

28

S O U T H

JBauhs.

7 H IR D

S T ., P H I L i .

S t o c k s a n d J B o u d g b o u g h t a n d s o ld o h C o m 
m is s io n f o r G ash, o r o a r r ie d o n f a v o r a b l e t e r m s .
I n t e r e s t a l l o w e d o n b a la n c e s . C o r r e s p o n d e n c e
s o lic it e d .

Davenport & C o .,
B A N K E R S

BAN KERS,
C H IC A G O ,

E . W . Clark & C o .,

C o ., W m . G . Hopper & C o .,

&

BANKERS,

-

S in k in g fu n d s ..................... $ 1 6 ,8 7 1
N et debt June 1 ,1 8 9 3 ...
5 0 ,4 2 9
T a x v a lu a tio n , r e a l......... 1 ,2 5 1 ,3 8 5
T a x v a lu a tio n , p e rso n a l. 4 9 4 ,7 7 1
T o ta l va lu a tio n , 1 8 9 2 ....1 ,7 4 6 ,1 5 6
S tate t a x (p er $ 1 ,0 0 0 )..............$2-75
C ity t a x (p e r $ L ,0 0 0 )................2 5-0 0
P o p u la tio n in 1 89 0 w a s ----- ..4 ,8 0 4

New Jersey—Orange.—(S t a t e a n d C i t y S u p p l e m e n t , page
61.)—Laurence T. Bell, Mayor—The following detailed state-

CITY OF MOLINE, ILL.,

1 3 2 L a S a lic S tr e e t,

W hen D u e.

-

68, . . . . $ 2 8 ,0 0 0 ............ J u n e l , 189 7
4 s , . . . . 1 3 ,3 0 0 ............ J u n e l , 1 907
4 s , . . . . 1 7 ,0 0 0 .............J u n e l , 1 91 2
B o n d e d d e b t J u n e 1 ,1 8 9 3 .$ 5 8 ,3 0 0
F lo a tin g d e b t........................
9 ,0 0 0
T o t a l d e b t................................ 6 7 ,3 0 0

FINANCIAL.

JULY INVESTMENTS.

$ 4 ,0 0 0 , M a tu re J n ly 1 ,
u
■
it
5 ,0 0 0 ,
a
it
5 ,0 0 0 ,
t»
it
5 ,0 0 0 ,
a
it
5 ,0 0 0 ,
a
a
5 ,0 0 0 ,
it
it
5 ,0 0 0 ,
6 ,0 0 0 ,

[V ol . L V I

A N D

R IC H M O N D ,

B R O K E R * .
V IR G IN IA .

E S T A B L IS H E D , .I 8 6 0 .

C o r r e s p o n d e n c e s o l ic i t e d a n d i n f o r m a t i o n fur
n is h e d a b o u t S o u t h e r n S ta te , M u n ic ip a l a n d R a il
r o a d I n v e s t m e n t S e c u r it ie s .
N ew Y o r k R e f e r e n c e —C H A S . M . F R Y , E s q ., P r e s i 
d e n t B a n k o f N ew Y ork . N . B. A .

T H O M A S B R A N C H & CO M
BANKERS AND BROKERS.
R IC H M O N D , V IR G IN IA .
I n v e s t m e n t S e c u r it ie s a S p e c ia lt y .
to N ew Y ork .

P r iv a te W ir e

BONJ, A N D S T O C K B R O K E R S ,

N ew

3 0 0 N o r tlr F o n r i l i S tr e e t,
ST .

L O U IS .

R IC H M O N D , V IR G IN IA .
Collection* made on all Southern point*
term *; prompt return*.
—
JOHN P. BRANCH, Pre
JOHm y, g l u m n . Caab’r. F r m d . r . B o o n . V

N E W ORLEANS, LA.
C a p ita l.. . 8 1 , OOO,OOO I S n r p l a * . . . . 8 4 7 3 ,0 ,
J. C. MORRIS, Pre*.
E DW AR D TOBY, Ca»l
C om S ef™ °N i5 l? r8UNl,t- Clt7 B»nk. Nat.St. Lot
J
Lommeree, New York. Boatmen’* Bank, Bank
w . « a t Bauk, Cbloago. Merchant*’ Nat. Bo*t

~~

W hitney & Stephenson
ba n k e r s a n d brok ers,

N o . ST F O U R T H

Canal &

Banking Com pany,

MERCHANTS’ NATIONAL BANK,

P I T T S B U R G , P i ]
hsTABnisHMu tan ,

Orleans

AVENUE.

lOldert PlttobuTK member* N. Y. Stock Exohmnre.

t h

e

State Bank o f Virginia,
R IC H M O N D , V A . °
C a p ita l, 8 3 0 0 ,0 0 0
S u rp lu s, $ 2 3 3 ,0 0 0
JOHN S. BLLBTT, President.
WLLLLAM M. H ILL, Cashier.

C .lle.tlon . Remitted tor on day el Payment.

W. T . IR W IN .

F R A N K ELLIS.

F . H. BALLMAMM

Irwin, Ellis & Ballmann,
Stock, Bond and Note Brokers
31

W EST

T H IR D

STR E ET*

C I N C IN N A T I. O H IO .

W . H . H o w co tt,
IN V E S T M E N T

B A N K E R .

.H IGH-GRADE LOANS EFFECTED.
Dealer In

Southern

Timber

Lands.

A ppraiser of S ou thern L a n d V alues.
NO. 1 9 2 C O M M O N S T R E E T ,
N EW

O RLE AN S, L A .

THE CHRONICLE.

J une 17, 1898.1

ment of the financial condition of Orange has been corrected
by means of a special report received from Horace Stetson,
City Clerk. During the past three years bonds to the amount
of §122,500 have been paid, and there have been issued §740,000 of bonds for sewer purposes and §38,000 of bonds for
taxes and assessment arrears purposes. Mr. Stetson states
that the sewerage and drainage system, approaching early
completion, has already cost §669,911, and when finished, be
sides adding to the comfoit and health of the residents, will
so dry out the damp sections of the city that all parts will
be equally healthy and tenantable, and thereby enhance the
city’s taxable value.
Orange is an incorporated city with an area of about 2}^
square miles, situated in Essex County, between the townships
of East Orange and West Orange, about five miles from New
ark, with which it is connected by steam and electric rail
roads. It is the owner of all the incidents of a large city—
poor farm and buildings, police and paid fire departments
(gravity water pressure without steamers), water supply,
sewers and drains (in process of constiuction), ample school
accommodations; principal streets are macadamized, and the
city is lighted with electricity throughout. None of the city’s
bonds can be retired before maturily.
“ "LOANS—

5s, J& D , $ 2 5 0 ,0 0 0
J u n e 1 ,1 9 2 3
---------------- d
($ 2 5 ,0 0 0 --- u e y 'ly ) t o J u n o " ,1 9 3
1 —
5s, J & J, $ 3 0 ,0 0 0 ........Jan . 1 ,1 9 0 4
($ 5,0 00 d u e y ’ rly) to J a n . 1, 1909
5s, J & J, $ 1 6 ,0 0 0 .. .J a n . 1 ,1 9 1 0 -1 1
F ib e D e p a r t m e n t B o n d s—
5s, J & J, $ 2 0 ,0 0 0 .. .J a n . 1 ,1 9 1 3 -1 4
7s, A & O , $ 1 0 ,0 0 0 ........A p r. 1 ,1 8 9 5 5s, J & J, 6 0 ,0 0 0 ......... J an . 1, 1915
7s, A & O , 1 0 ,0 0 0 ........A p r. 1, 1 896
($ 1 5 ,0 0 0 d u e y ’ rly) to .Jan. 1 ,1 9 1 8
B o o k H ou se B on d s—
5s, J & J, $ 8 0 ,0 0 0 ......... J an . 1, 1 919
5s, J & D , $ 8 ,0 0 0 ........... D ee. 1 ,1 8 9 3
($ 2 0 ,0 0 0 due y ’rly) t o Jan . 1 ,1 9 2 2
($ 1,0 00 due y ea rly ) t o D ec. 1 ,1 9 0 0 5s, J & J, $ 5 0 ,0 0 0 ....... J an . 1 ,1 9 2 3
B o a d B on ds($ 5 ,0 0 0 due y ’rly ) t o J an . 1 ,1 9 3 2
78, M & N , $ 1 0 ,0 0 0 .. ..N o v . 1 ,1 8 9 3
T a x Ar r e a r s B on d s—
7 s, J & D , $ 1 2 ,0 0 0 ........ J u n e 1 ,1 8 9 4 7s. M&N, $ 4 5 ,0 0 0 ...... M a y 1 ,1 8 9 6
Sc h o o l H o u se B o n d s—
5s, F & A ,
6 ,0 0 0 ....... A u g. 1 ,1 8 9 7
5s, J& J, $ 1 0 ,0 0 0 .........J u ly 1 ,1 9 0 0
T a x a n d A ssessm en t A r r e a r s—
5s, J& D ,
5 ,0 0 0 ........ D ec. 1 ,1 9 0 2 5s, J& D , $ 3 8 ,0 0 0 ........J u n e 1, 1901
5s, J& D ,
5 ,0 0 0 ........ D ec. 1 ,1 9 0 3
W a t e r B on d s—
Sew ek bo n d s—
5s, F & A , $ 5 ,0 0 0 .......F eb . 1 ,1 8 9 4
6 s, M & N ,$ 2 2 9 ,0 0 0 ... .M a y 1, 1 897 5s, A & O , 3 5 9 ,0 0 0 .......O ct. 1, 1912
5 s, J & D ,
5 ,0 0 0 ___ J u n e l , 1922
D

e f ic ie n c y

IF h en D u e.

B

on d s—

7s, A & O , $ 6 ,0 0 0 .......... A p r. 1 ,1 8 9 7
7s, A & O , 1 5 ,0 0 0 .......... A p r, 1, 1 898
7s, A & O , 1 0 ,0 0 0 .......... A p r. 1, 1899

1031

E X P L A N A T O R Y O F B O N D S .—The t a x a rrea rs b o n d s fu llin g due
in 1 8 9 6 w e r e issued In 1 87 6 fo r ta x e s th eu in a rrea rs, a n d tiioso m a 
tu rin g in 1 8 9 7 w e re f o r th e ta x a rre a rs f o r th e y e a rs 1 88 2 to 1 885 In
clu s iv e . A ll t a x e s co lle c t e d f o r th o s e y e a rs a re p a id in to th e re s p e ctiv e
fun ds.
I N T E R E S T on $ 2 5 6 ,0 0 0 o f th e s e w e r b o n d s la p a y a b le b y th e N ew
Y o r k G u a ra n ty & In d e m n ity C o., o r a t th e O ra n ge N ationu l B a n k ; o n
all o th e r b o n d s a t th e U n ited S tates N a tio n a l B an k, N. Y ., o r a t tho
O ran ge N a tio n a l B an k.

T O T A L D E B T , S IN K IN G F U N D S , E T C .-T h e su b jo in e d sta te m e n t
s h o w s the to ta l m u n icip a l d e b t o f O ran ge, the sin k in g fu n d held b y th e
c it y a g a in st th e sam e, th e w a t e r d eb t, a n d th e c it y 's flo a tin g d e b t, on th e
flrst o f M a rch o f e a ch o f th e la st th re e y e a r s :
1893.
1892.
1 891.
T o ta l m u n icip a l d e b t ......................... $ 1 ,2 9 4 ,0 0 0
$ 8 0 4 ,0 0 0
$ 6 8 3 ,5 0 0
S in kin g fu n d s a n d o th e r a ss e ts ___
3 1 2 ,6 8 6
2 6 4 ,0 3 5
2 1 5 ,6 3 4
N et d eb t o n M a rch 1 ..................... $ 9 8 1 ,3 1 4
$ 5 3 0 ,9 6 5
$ 4 6 7 ,8 6 0
W ater d e b t (in clu d e d a b o v e ) .......... $ 3 6 4 ,0 0 0
$ 4 1 0 ,0 0 0
$ 4 1 5 ,0 0 0
F lo a tin g d e b t...............................................
N one.
1 3 9 ,0 0 0
4 5 ,0 0 0
T he sin k in g fu n d re c e iv e s y e a rly a b o u t $ 2 4 ,0 0 0 , ra ise d b y t a x a tio n
a u d fro m th e w a te r w o r k s a n d o th e r sou rces. T h e a v a ila b le a ssets c o n 
s ist o f u n p aid ta x e s, a ssessm en ts a n d ca sh in tre a su ry .
C IT Y P R O P E R T Y .—T h e c it y o w n s p u b lic s ch o o l b u ild in gs, fire
e n g in e h ou ses, p o lic e sta tio n au d a lm sh o u se ,a n a 3 3 a cre s o f p o o r fa rm ,
w o r th in all $ 40 0 ,0 0 0 , to g e th e r w ith a w a te r s y s te m c o s tin g $ 4 2 5 ,0 0 0 ,
a n d n o w v a lu e d a t $ 8 0 0 ,0 0 0 , th e r e v e n u e fr o m w h ic h a t a l o w e stim a te
p a y s the in te re st o n w a te r b on d s a n d ru n n in g e x p e n s e s , b e sid e s ad d 
in g to the s in k in g fu n d and e x te n d in g p ip es. T h e fo llo w in g is a b rie f
sta te m e n t o f the ea rn in g s o f th e w a ter d e p a rtm e n t fro m M a rch 1, 1892.
to M a rch 1, 1 8 9 3 : T o ta l re ce ip ts, $ 3 3 ,8 6 7 ; d isb u rsem en ts—in te re st
a cco u n t, $ 2 0 ,5 0 0 ; m a in te n a n ce , $ 7 ,6 8 5 ; co n stru c tio n , $ 3 ,2 9 9 ; b a la n ce ,
p a id in to sin k in g fu n d , $ 1 ,0 0 0 .
ASSESSED V A L U A T IO N .—T h e c it y ’ s a ssessed v a lu a tio n (about
o n e -h a lf o f th e ca sh va lu e) aud t a x ra te h a v e b e e n as f o l l o w s :
P er so n a l Indebtedn ess Total A ssessed Tax R a te
Years.
R ea l Estate. Properh/. to be deducted. V a lu a tion . p e r $ 1 ,0 0 0
1 8 9 2 ..........$ 6 ,t i l , 6 50
$ 9 2 1 ,6 a 0
$ 1 2 7 ,3 0 0
$ 7 ,4 0 6 ,0 0 0
$2900
7 7 3 ,2 0 0
1 3 7 ,8 0 0
1 8 9 1 ......... 6 ,0 8 2 .6 0 0
6 ,7 1 0 ,0 0 0
2 6-8 0
7 8 2 ,0 0 0
1 37 ,92 0
1 8 9 0 .......... 5 ,9 5 0 ,0 0 0
6 ,5 9 4 ,7 8 0
2 7-0 0
7 3 2 ,7 0 0
9 2 ,0 5 0
1 8 8 7 .......... 4 ,9 1 7 ,3 0 0
5 ,5 5 7 ,9 5 0
2 7-4 0
5 2 9 ,1 0 0
..............
1 8 8 0 .......... 3 ,9 1 9 ,7 0 0
.............
2 1-0 0
P O P U L A T I O N .—T h e e stim a te d p o p u la tio n in 1 8 9 3 is 2 0 ,0 0 0 ; in
1 89 0 th e p o p u la tio n w a s 1 8 ,8 4 4 ; in 1 88 0 it w a s 1 3 ,2 0 7 ; in 1 8 7 0 it w a s
9 ,3 4 8 .

CHICAGO.

CHICAGO

CHICAGO.

Jamieson & C o .,

T itle Guarantee & Trust

The

.S T O C K S — B O N D S ,

Company

EquitableT rustCompany

M em bers N ew Y o r k S tock E x ch a n g e,

O F

C H I C A G O ,

C h ic a g o S t o c k E x c h a n g e .

1 8 7 -1 8 9 D E A R B O R N S T R E E T ,

C a p ita l, p a id -u p .............................. 8 1 ,6 0 0 ,0 0 0
Undivided earn ings, Including
su rp lu s............................ ...................
2 3 9 .0 0 0
D eposited w ith S tate A u d itor. .
2 0 0 ,0 0 0

1 8 5 D E A R B O R N S T *, C H IC A G O .

9 2 , 8 4 As 9 0 W A S H IN G T O N S T R E E T .

C h ic a g o , Ills .
P r iv a te W ir e to
L A S . W ORM SER, N E W YO RK .
F L O W E R & C O ., N E W Y O R K .
HUHN

A G L E N D IN N IN G P H I L A D E L P H I A .

Special atten tion given to on t-ol-tow n busi

G U A R A N T E E S T IT L E S T O R E A L E 8 T A T E .
M A K E S A B S T R A C T S O F T IT L E .

Offers Investors In real estate securities
protection afforded by no other system of
doing business.

I s a u t h o r iz e d b y la w t o a c t as R e g is t r a r o f 8 t o c k s
a n d B o n d s , E x e c u t o r , R e c e i v e r a n d T r u s t e e fo r
E s ta te s , S y n d ic a t e s , I n d iv id u a ls a n d C o r p o r a t io n s .
T r u s t m o n e y s a n d t r u s t s e c u r it ie s k e p t s e p a r a te
J . B . B r x k s b , M em b er N ew Y o r k S tock E x ch a n g e
D.
M . C u m m i n g s , M e m b e r C h ic a g o 8 t o c k E x c h a n g e f r o m t h e a s s e ts o f t h e C o m p a n y .

ness.

Correspondence solicited .

C O R R E S P O N D E N C E S O L IC I T E D .

Breese & Cum m ings,
B A N K E R S AND B R O K E R S ,
111 A N D 113 M O N R O E S T R E E T ,

CH IC A G O
S e c u r it ie s lis t e d in N e w Y o r k , B o s t o n o r C h lo a g c
c a r r ie d o n c o n s e r v a t iv e m a r g in s .

A . O. S L A U G H T E R , M em b er N . Y . S tock E x ch a n g e
WM. Y . B A K E R , M e m b e r C h ic a g o S t o c k E x c h a n g e

A . O . Slaughter & C o .,
BANKERS,

O F F IC E R S :
G W Y N N G A R N E T T , P r e s id e n t .
A . H . S E L L E R S , V ic e - P r e s id e n t .
A R C H I B A L D A . S T E W A R T , S ecreta ry .
C H A 8 . R. L A R R A B E E . Treasurer.
F R A N K H . S E L L E R S , T r u s t O ffice r.
D IR E C T O R S :
G w y n n G a r n e t t,
Ck&s. W . D rew ,
W . D. K e rfo o t,
J o h n P . W ils o n ,
H o ra ce G . C h ase,
E d s o n K e it h ,
J o h n G . S h o r t a ll,
G eo. M . B ogue.
Joh n D eK oven,
A . H . S e lle rs .
S a m u e l B . C h a se,
COUNSEL:
W . C. G ou d y ,
J o h n P . W ils o n ,
A . W . G reen ,
A. M. P e n o e ,

1 1 1 -1 1 3 D A S A L L E S T R E E T ,
C H IC A G O , IL L S .
Chicago Secu rities B ought and Si.id.

Loeb & Gatzert,
M O R T G A G E
125 L A

B A N K E R S

S A L L E S T R E E T , C H IC A G O .

^ftrst M o r t g a g e s f o r s a le in la r g e a n d s m a ll a m o u n ts ,
B e t t in g I n v e s t o r s 6, b}+ a n d 6 jp e r c e n t , s e c u r e d by
I m p r o v e d a n d I n c o m e -b e a r in g C h ic a g o c it y p r o p e r t y .
Principal and I n t e r e s t p a y a b l e In G o ld .
C O R R E S P O N D E N C E S O L IC IT E D .

Fred. G . Frank & C o .,
; L O C A L S E C U R IT IE S A S P E C IA L T Y .

0 0 W A S H IN G T O N S T R E E T , C H IC A G O .
Correspondence Invited.

M A N A G E R

W A N T E D .

C A P IT A L , P A ID ] U P , --------------$ 5 0 0 ,0 0 0
SURPLUS,

-

------------- ---- -

-

5 0 ,0 0 0

A U T H O R IZ E D B Y L A W TO R E C E IV E and e x 
e c u t e t r u s t s o f,.e v e r y c h a r a c t e r f r o m c o u r t s , c o r p o r a 
t io n s a n d in d iv id u a ls . T a k e s e u t i r e c h a r g e o f e s t a t e s ,
r e a l a n d p e r s o n a l. A c t s as a g e n t f o r t h e r e g i s t r a 
t io n a n d t r a n s f e r o f b o n d s a n d s t o c k s a n d t h e p a y 
m e n t o f c o u p o n s , i n t e r e s t a n d d iv id e n d s . A le g a l
d e p o s ito ry f o r c o u r t a n d tru s t fu n d s .
I N T E R E S T A L L O W E D O N D E P O S IT S o f m o n e y ,
w h ic h m a y b e m a d e a t a n y t im e a n d w it h d r a w n a f t e r
fiv e d a y s ’ n o t i c e , o r a t a fix e d d a t e .
T K U 8 T F U N D S A N D T R U S T IN V E S T M E N T S
a r e k e p t s e p a ra te a n d a p a rt fr o m th e a ssets o f t h e
com p a n y .
D IR E C T O R S :
A Z E L F. H A TC H ,
CH AS. H . H U LBU RD ,
M . W . K E R W IN ,
G EO . N. CU LV ER ,
H A R R Y RU BEN S,
M A U R IC E R O SE N F K L D .
J. R. W A L S H ,
SAM UEL D. W A R D ,
OTTO YOUNG.
O F F IC E R S :
J . R . W A L S H , P r e s id e n t .
C H A S . H . H U L B U R D , V i c e - P r e s id e n t .
S A M U E L D . W A R D , Treasurer.
L Y M A N A . W A L T O N . S ecreta ry

Illinois Trust & Savings
Bank.

W© w ish to co n tr a c t w itli a g o o d , liv e m an to
C H I C A G O , I I .L > .
rep resen t us in ea ch la rge to w n and city in the C A P I T A L A N D S U R P L U S , - 9 3 .5 0 0 ,0 0 0
U n ited States. T o su ch w e ca n effer a p e rm 
IN T E R E 8 T A L L O W E D O N D E P O S IT S .
anent, p a y in g an d legitim a te business.
T h is B a n k is d ir e c t ly u n d e r t h e ju r is d i c t io n a n d
O ur C om p any is in th e lin o o f B u ildin g Loan • u p e r v lslo n o f t h e S t a t e o f I llin o is , is a L E G A L
D
OS
f
ur
o
s
n d is
ho
e
A ss o cia tio n s , w ith th e b est fe a tu ie s and w ith  t o E P t asI T O R Y T o rEC oE XtE MU n e y R,, aR E C Ea u tE Rr isn d
ac
TRUS E .
C TO
IV
a d
o u t the risks au d e x p e n se s o f such. W e feel A S S I G N E E f o r E S T A T E S , I N D I V I D U A L S a n d
C O R P O R A T IO N S .
con fid en t th a t w e can afford th e best an d safest
O F F IC E R S !
J o h n J . M it c h e ll, P r e s id e n t .:
in v estm en ts in this lin e e v e r offered . W rite
J o h n B . D ra k e , V i c e -P r e s id e n t .
an d see.
W m . H . M it c h e ll, S e c o n d V ic e -P r e s id e n t,-

Chicago Co-operative
Construction Co.
R o o m s 6 1 6 -6 1 8 R ia lto B u ild in g ,
C H IC A G O , I L L .

W m . H . R e id , T h ir d V ic e - P r e s id e : f t '
J a m e s 8 G ib b s, C a s h ’ r. B . M . C h a a teil, A s a 't C a st f
D IR E C T O R S
J o h n B . D ra k e
J o h n M cC a ffery .
W m . H . R e id ,
L . Z . L etter,
J o h n J . MitoheM
W m . H . M it c h e il,
J. O. M cM u IHe . i
W m . G . H ib b a r d ,
J. O gden A r m c v t1
D . B /.S h lpm & a,

Frederick T.

Haskell.

THE CHRONICLE.

1032

CHICAGO.
Geo. A .

Lewis & C o .,

I .A S A L L E S T R E E T , C H I C A G O .
W e m ak e a specialty o t
M U N IC IP A L

MI SCELLANEOUS.

in s e t ©om pam es.

W IL L IA M
H EN R Y CHANDLER
W A L D R O N S H A P L E IG H ,

A

Chem ical Engineers and

BANKERS,
138

fVoL. LTI,

B O N D S

Consulting Chemists.
C h e m ic a l I n d u s t r ie s I n v e s t ig a t e d . N e w P r o c e s s e s
E x a m in e d . P la n s a n d S p e c ific a t io n s o f W o r k s f u r 
n is h e d . A l s o Y e a r ly C o n t r a c t s f o r C o n s u lt a t io n s .

R o o m 6 1 3 . <44 B r o a d w a y , N ew Y o r k .

Netting: the Investor 4 lo li Per Cent per

Jos. O . Osgood,
M . A m . 8 o c . C. E .,

L is t o f S e c u r it ie s m a ile d u p o n a p p lic a t io n .
C O R R E S P O N D E N C E IN V IT E D .

C O N S U L T IN G
120

H erm an Schaffner & C o,

s.

E N G IN E E R ,

BROADW AY,

NEW

P A P E R ,

1 0 0 W a s h i n g t o n S tr e e t,
C H IC A G O ,

I L L ,.

W h ite & Clark,
C O N S IS T IN G

1 0 1 B r o a d w a y , B rooklyn* N . Y„
C A P I T A L .............................................. $ 5 0 0 , 0 0 0
D e p o s it s r e c e iv e d s u b j e c t t o c h e c k a t s ig h t , and
Interest a llo w e d o n t h e r e s u lt in g d a ily d a la n c e s .
C e r t ific a t e s o f d e p o s it s is s u e d f o r t im e d e p o s it s ,

on w h ic h special ra te s w ill b e a llo w e d .
Interest commences from d ate o f d eposit.

A u t h o r i z e d b y la w t o a c t as E x e c u t o r , A d m in is 
t r a t o r , C o m m it te e , G u a r d ia n . T r u s t e e . R e c e iv e r ,
F is c a l a n d T r a n s f e r A g e n t , a n d as R e g is t r a r o f S to ck #
a n d B o n d s ; is a l e g a l depository lo r T ru ,t
Funds a n d f o r m o n e y s p a id in t o c o u r t .
L o a n s m a d e o n a p p r o v e d c o lla t e r a ls .
C h e c k s o n t h is C o m p a n y a r e p a y a b le t h r o u g h t n e
N ew Y o r k C le a r in g -H o u s e .
A . D . W H E E L O C K , P r e s id e n t .
W I L L I A M D IC K ,
)
~ „ .,a
J O H N T R U S L C rW ', 5 V i c e - P r e a t8.
F. R IC H A R D S O N , S ecreta ry .

YORK.

M a k e s s p e c ia lt y o f r e p o r t s o n r a ilr o a d s a n d o t h e r
I n v e s t m e n t p r o p e r t ie s .
E x a m in a t io n s m a d e in a n y p a r t o f t h e c o u n t ry^

BANKERS,
C O M M E R C I A L

T h e Nassau Trust C o .,

E N G IN E E R S .

TRUSTEES s
W m . D ic k ,
A. D . B a ir d ,
D a r w in R . J a m e s ,
E . B . T u t t le ,
J o h n T r u s lo w ,
D it m a s J e w e ll,
F. W , W u rster,

B e rn a rd P e te rs,
W m . E . H o r w ill,
J. B. V oorh ees,
A . D . W h e e lo c k ,
W m . F . G a r ris o n ,
J n o . T . W ille t s ,
C h a s. H . R u s8 e lL

J o h n L ou ghran#
E d w a r d T . H u ls i ,
J n o .M c L a u g h lin
A . M . Suydam ,
W m .f c . W h e e lo c k
O. F . R ic h a r d s o n
H e n r y S e ib e r t .

Minneapolis Trust C o .,

E xa m in e rs and V a lu a to rs o f In d u strial In
vestm en ts, E stab lish m en ts and T r u s ts .

1 0 0 K a s o t a B u ild in g .

Offices* T h e T im es B u ild in g. F o u rth A v e .,

M ORTGAG E LOANS

C A P IT A L ,
F u n d w i t l i S t a t e 'A u d i t o r ,

P I T T S B U R G , U. S . A .

$ 5 0 0 ,0 0 0 .
1 0 0 ,0 0 0 .

IN

Jos. C . Platt, C . E .,

TEXAS.
NO

6 P e r C e n t a n d 7 P e r C en t N e t.
C O M M IS S IO N S c h a r g e d b o r r o w e r o r l e n d e r
u n t i l lo a n s h a v e p r o v e n g o o d .

F R A N C IS
SAN

S M IT H
&
C O .,
A N T O N IO , T E X A S.

Geo. M . Huston & C o
SONDAND

STOCK

DEALERS

W e b u y a n d s e ll o u t r ig h t a ll W e s t e r n
M u n ic ip a l B o n d s a n d S t o c k s .
We
c h e e r fu ll y fu r n is h f u l l a n d r e lia b le in 
fo r m a t io n c o n c e r n in g a n y W e s t e r n s e 
c u r it y w it h o u t c h a r g e . M o n t h ly q u o 
t a t io n c ir c u la r m a ile d t o a ll a p p lic a n t s ,
N e w is su e s o f m u n ic ip a l b o n d s w a n t e d .

3 0 5 P IN E S T IIE E T , S T . L O U IS , M O,

PACIFIC COAST.

C O N S U L T I N G

E xa m in ation s and R e p orts lo r In v e sto rs.

Edward E . H iggins,
Street Railway and Financial Counsel,
M I L L S B U I L D I N G , W A L L S T .,
NEW

O F S E A T T L E , W A S H IN G T O N .
U N IT E D S T A T E S D E P O S IT A R Y

Angus M a c k in t o s h , P r e s . |J n o . B . A g e n , V i c e - P r e s .
W m . T . W i ok w a r e , C a sh ier.

C a p ita l, 8 2 0 0 * 0 0 0 I S urplus, e tc ., 8 4 0 ,0 0 0
In terest-bea rin g Certificates o f Deposit
S u p e r io r C o lle c t io n F a c ilit ie s .
C o r r e s p o n d e n c e S o lic it e d

Tacom a National Bank,

AGENT.

Geo. R . Read,

W . B . B la cl w e lL P r e s t . H . O . F is h b a c k , C a sh ier.
J o h n S n y d e V i c e - P r e s t . I. M . H e ilig , A s s t . C a s h ie r

G eneral B a n k in g B u siness T ran sa cted .
Special Attention to Collections.

8AN FRANCISCO.

T h e First National Bank
O F

SAN

F R A N C IS C O , C A L .

U N IT E D S T A T E S D E P O S IT A R Y .

C A P IT A L ,

.

.

.

8 1 ,3 0 0 ,0 0 0

SU R PLU S,
.
.
.
8 8 3 0 ,0 0 0
8 . G . M u r p h y , P r e i l d e n t , E. D . M o r g a n , C a s h ie r
J A 1 1 H M o r r r r r , V . - P r e i . G . w . K l i n * , A a o t. C a s h .

G E N E R A L B A N K I N G B U S IN E S S .
ACC O U N TS S O L IC I T E D .

Merchants National Bank
T A C O M A , W A S H IN G T O N .
( O L D E S T B A N K I f ! T H E C I T Y .)
I n t e r e s t P a id

on

T im e

D e p o s it s .

C a p i t a l .......
...................................8 2 3 0 ,0 0 0
Surplus and Undivided Profits...... 8 1 0 0 ,0 6 9
C o r r e s p o n d e n c e s o lic it e d .

BROKER.

Missouri Kansas & Texas

EDM UND B . K I R B Y ,
C o n s u ltin g
M in in g
E n g in e e r
M e ta llu r g is t,

IN S . C O . S C R IP

D e a lt in by
A U G U STU S
F U O Y D ,
89 p m * u r n hew . H i v T o m s ,.

Trust C o .,
KANSAS

and.

N o . 9 W i n d s o r H o t e l B l o c k , D e n v e r , C oL
S P E C I A L T Y . — T h e E x p e r t E x a m in a t io n o f M in in g
I n v e s t m e n t s a n d M e t a llu r g ic a l E n t e r p r is e s .

In v e s tm e n ts in th e So u th .

Exchange
Trust

Banking

&

Com pany,

CH ALRESTO N - S. C.,
T ra n sa cts a G e n e ra l B a n k in g and T ru s t
B u siness. S a v in g s D ep artm e n t. In tere st
A llow ed on D eposits.
I n v e s t m e n t s m a d e (a t u s u a l r a t e s o f c o m m is s io n )
Ln s a f e a n d r e lia b le in t e r e s t - p a y in g S o u t h e r n s e c u r 
ities, a n d 1 s t m o r t g a g e lo a n s o n i m p r o v e d c it y a n d
to w n rea l e sta te.
C o r r e s p o n d e n c e s o lic t e d as t o a ll
S ou th ern n v estm en ts.
B e in g w it h in e a s y r e a c h
o f a ll p a r t s o f t h e S o u t h t h o r o u g h a n d c a r e f u l in v e s 
t ig a t io n c a n b e m a d e o f I n t e n d e d I n v e s t m e n t s b y
p u rch asers.

O F F IC E R S .
G E O . B . E D W A R D S , P r e s id e n t ,
P . N . P I C K E N S . C a s h ie r.
R . E . M U C K B N F U S 8 , S e creta ry a n d T r e a s u r e r .
J . L A M B P E R R Y , S o lic it o r .
S M Y T H E & L E E , G e n e r a l C o u n s e l.

D IR E C T O R S .
A.. 8 . J . P e r r y , o f J o h n s t o n , C r e w s A O o., w h o le s a le

dry g o o * .
W TLLIAM M . B IR D , o f W m . M . B i r d A C o., w h o le s a l e
p a tn ts a n d o ils .
A l l a n , o f J a m e s A l l a n A C o ., j e w e l e r s .
J . H . F . K o e n i g , w it h K n o o p , F r e r lo h s & C
ootton
ex p orters.
G i o . B . E d w a r d s . Pres. Electric L i g h t & P o w e r C o

BRANCH

C IT Y ,

MO*

O F F IC E S s

36 W a l l S t., N e w Y o r k .
439 C h e s tn u t 8 t., P h tla .
T -1 3 W a r m o e s g r a c h t , A m s t e r d a m , H o lla n d .

P A ID C A P I T A L ................... . . 8 1 , 2 5 0 , 0 0 0 0 0
S U R P L U S ....................................
2 0 0 ,0 0 0 0 0
U N D IV ID E D P R O F I T S .......
7 6 ,5 3 2 0 0
A R T H U R E . S T IL W E L L , P res.
B O A R D O F D IR E C T O R S .
W . S. W o o d s ,
C. A . D ean ,
E . L . M a rtin ,
J . M c D . T r im b le , A . E . S t illw e ll,
A . A . M osh er
W . S. T a y lo r ,
J . E . M c K e ig h a n , H . A . L lo y d ,
B. F . H o b a rt,
C h a s . C la rk ,
E . P . M e r w ln .
C . E . G ra n n ie s ,
A . H eck sch er,
W m . W a t e r a il,
W . H . L u ca s,
W . D . B la c k ,
D r . H . M. H o w e ,
J o h n F . D ry d e n , E . W . M arsh ,
E . H e n r y B a rn e s

Union Loan & Trust C c ,

SIOUX C ITY, IOWA.
I N C O R P O R A T E D 1885.]

C A P I T A L , P aid Up in C a s h ....8 1 ,O 0 0 ,O F 0
S U R P L U S ............................................
2 0 0 ,0 0 0

DEALERS IN HIGH-GRADE COM
MERCIAL PAPER,
4 supply oi w hich it alw a y s h a s on uamt for
s a le a t Current R atesM U N I C I P A L , C O R P O R A T IO N AND
SCH O O L BO N D S.
S tro n g e r L o a n and T ru st Com pany In
the W e s t . Correspondence Solicited.
G E O . L . J O Y , Pres,
A . 8 , G A R R E T S O N , V lco-P re*E . R . S M I T H , Sec’ y .
Prom pt A ttention G lvon to C ollection*.
W i l l i a m W i l s o n & S o n s , E s t a b lis h e d 180&.
W i l s o n , C o l s t o n & C o.,
**
1987.

The Caligraph Typewriter W ilson , Colston & C o .,

C o lle c t i o n , s e p e o ia lty .

M U T U A L

S n p r e m e C o u r t . R e c e i v e d e p o s it s o f m o n e y o n In
t e r e s t, a c t as fis c a l o r t r a n s f e r a g e n t , o r t r u s t e e for
c o r p o r a t io n s , a n d a c c e p t a n d e x e c u t e a n y le g a l tr u s t*
’ r o m p e r s o n s o r c o r p o r a t io n s , o n a s f a v o r a b l e te r m *
*• o t h e r s im ila r c o m p a n ie s .
T h o m a s H il l h o u s e , P r e s . F r e d ’ k D . T a p p e n , V.-Pres
0 . M. J e s u p , 2 d V .- P r e s .
B e v e rly C h ew . S e cre ta ry
G eorsre D C o a n e v . A s s is ta n t S e c r e t a r y .

A P P R A IS E R .

M e m b e r s o f B a lt im o r e S t o c k ia.<\bange,

STANDS A T T H E
A T L A N T IC

Metropolitan Trust C o.

E S T A T E ,

9 P IN E ST , A S T O R B U IL D IN G .

F irs t N a t io n a l B a n k in t h e C it y ,
T A C O M A ,
W A S H IN G T O N .
P aid -u p C a p ita l................................... 8 2 0 0 ,0 0
S urplus.
..
...................................8 1 0 0 ,0 0

D IR E C T O R S .
S a m u e l H ill, P r e s i d e n t ; W m . H . D u n w o o d y , F irs t
V i c e - P r e s id e n t ; H . F . B r o w n , S e c o n d V i c e - P r e s i 
d e n t ; D a n ie l B a s s e t t , T h ir d V i c e - P r e s id e n t ; C la r k s o n
L in d le y , S e c r e t a r y a u d T r e a s u r e r ; I s a a c A tw a te r .
H . W . C a n n o n , J a m e s J . H ill, R . B . L a n g d o n , A . F.
K e lle y , W . G . N o r t h u p , C. G . G o o d r ic h , C h a r le s A .
P ills b u r y , A . H . L i n t o n a n d P . B . W in s t o n .

8 7 a n d 3 9 W a l l S tre e t. N e w Y o r k *
P aid-U p C a p ita l .............................S i , 0 0 0 * 0 0 0
S u rp lu s.................................................
8 0 0 ,0 0 0
D e s ig n a t e d as a le g a l d e p o s i t o r y b y o r d e r of

YORK.

A U C T IO N E E R .

R E A L

Merchants National Bank

E N G I N E E R ,

W A T E R F O R D , N. Y .

H a s n o d e p o s i t s ; r e c e iv e s m o n e y o n t r u s t a c c o u n t
o n l y . B u r g la r p r o o f v a u lt s . W i ll s k e p t s a f e ly w it h 
o u t c h a r g e . A c t s a s e x e c u t o r , t r u s t e e a n d g u a r d ia n ;
e x e c u t e s t r u s t s o f e v e r y d e s c r ip t io n .

HEAD.

THE

AMERICAN WRITING MACHINE CO.
9 8 7 B r o H m y , N e w Y ork *

BANKERS,
2 1 6 E a st B a ltim o r e S tre e t, B a ltim o r e .
I n v e s t m e n t a n d M is c e lla n e o u s S e c u r it ie s a spe«4>
a lt y , a n d w h o le is su e s h a n d le d .
E x c e p t i o n a l fa c il i t i e s f o r d e a lin g s i n all
S o u t h e r n Bonds. Loans on C oih stei& l

negotiated.

classes c *
Securities
Full text of Commercial and Financial Chronicle : June 17, 1893, Vol. 56, No. 1460

FRASER
