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.. INCLUDING Bank and Quotation Section and City Section (semi-AnnuaUy). Street Railway Section {^41^^'} State (Monthly) Railway and Industrial Section (Quarterly) Dana Compakt, in the otHce of Librarian of Congress, Washington, D. York, as second-class matter— William B. Dana Company, Publishers, 7&}4 Pine St., N. T. Entered according to Act of Congress, In the year 1905, by William B. A -weekly VOL. newspaper entered at Post New Office, SATURDAY, JUNE 80. NO. 1905. 17, O 2086. Week ending June 10 Clearings at — 1905. 1904 1903. 'l^^C^ 1902. PUBLISHED WEEKLY. Terms ot Subscription —Payable in Advance For One Year For Six Months Enropean Subscription (including postage) European Subscription Six Months (including postage) $10 00 6 00 13 00 7 50 148. lis. „... £2 &1 Annual Subscription in London (including postage) Six Months Subscription in London (Including postage) — Subscription includes following Sections State and City (semi-annually) BANK AND QUOTATION (monthly) RAILWAY AND INDUSTRIAL (quarterly) STREET Bailway (3 times yearly) I I Terms ot Advertising Inch Space 22 29 50 87 (8 times) (13 tunes) (26 times) (52 times) ©ANA COMPANY, 00 00 00 00 Kox Office C. PnblisUers, NEW YORK. 0.58. Week Ending New Tork Philadelphia. Baltimore Chicago St. Louis.... New Seven cities, 5 days Other cities, 5 days Total all cities, 5 days all cities for week Detroit Milwaukee .. Indianapolis... Columbus Toledo Peoria Evansville Akron., .... Spriuglleld. Ill Youngstowi oungstown Kalamazoo Lexington Canton Rookt ord O Decatur. Mansfield Jacksonville Jackson , Ann Arbor Fort , Wayne South Bend Total Mid. Western t883,016,800 105,891.434 88,805.353 18,070,322 154,8.37,916 46.291,548 12,745.510 P. Cent. +41-3 +14-0 +18-5 +7-9 +5-0 +7-7 +15-5 Seattle Salt Lake City.. Portland. Spokane Tacoma_ Helena Fargo Sioux Falls Total Pacific. Kansas City $1,309,661,883 275,079,373 +29-9 Minneapolis 318,946,271 $2,019,233,933 400.174,287 $1,584,741,256 305.613.661 +27-5 St. 52,419,408.220 $1,890,359,917 +28-0 ^1,700,5«7,«562 All cities, 1 day Total 1904. 14724,084 Orleans New England. San i>ancisco Los Angeles 1905. 81,227,841,855 120,75^,864 105,235,858 19,499,573 162,384,472 49,843,459 Boston Total Bloomington Quincy The following table, made up by telegraph, etc., indicates that the total bank clearings of all the clearing houses of the United States for the week ending to-day, June 17, have been $2,419,408,220, against §2,421,792,887 last week and $1,890,359,917 the corresponding week last year. 'leleqraph. June 17. Holyoke Springtleld, GLEARMQ ROUSE RETURNS, Clearings— Returns uy New Bedford Grand Rapids. Dayton Pine Street, Corner of Pearl Street, Post Portland Fall River Lowell Cleveland $4 20 CHICAGO OFFICE—PUny Bartlett, 513 Monadnock Block. LONDON OFiriCE—Edwards & Smith, 1 Drapers' Gardens, E. B. Worcester CiDclnnati Transient matter per inch space (14 agate lines) liriI,L.lA]yr New Haven- Sprinzfleld Chicago —Per Months STwo Three Months Six Months Twelve Months Boston Providence Hartford + 15-6 Omaha St. Paul -I-30-9 Joseph. Denver Des Moines Sioux City Topeka Davenport The full details for the week covered by the above wiU be Wichita Colorado Springs... given next Saturday. We cannot furnish them to-day, clear- Cedar Rapids. Fremont ings being made up by the clearing houses at noon on Satur- Pueblo day, and hence in the above the last day of the week has to Total other West'rn St. Louis be in aU cases estimated, as we go to press Friday night. Orleans We present below our usual detailed figures for the previous New Louisville. Houston week, covering the returns for the period ending with Satur- Galveston Richmond. and the results for the corresponding Savannah. week in 1904, 1903 and 1902 are also given. Contrasted with Memphis Atlanta the week of 1904 the total for the whole country shows a gain Nashville Norfolk Outside of New York the increase over 1904 Fort Worth of 37*4 per cent. day noon, June is 31*2 10, Birmingham per cent. Knoxvllle Augusta Week ending June Clearings at— New York Philadelphia... Pittsburgh Baltimore Buffalo : Washington..., ; Albany Rochester Bcranton Syracuse iWllminKton... ; : I t , , Reading Wilkes Barre.. WheeiiDR Blngbamton .. iGreensburg.... FrankUn Pa.. Total Middle - 1904. ln«. or Dec. 1003. % ,472,648,604 130,730,335 « 979,612.029 89,509.328 47,090.;i7<t ;<9.290,791 --19-9 22,2S3,8i!3 20.00b.56U 6.032,429 5,101.024 +7-8 -0-5 +18-4 -11-9 - $ 3.5U.I27 2.685.808 -1-30-9 2,299.«2U 1,.545, 091 1,109,387 1,019,575 1, 046,97s 1,598,531 1,199,350 977.975 1,030.202 899,883 --43-9 --28-8 --19-7 1.341,373 1,224,928 6.599,014 6.042,53b 3,953,537 525,827 533,273 602.034 209.940 4,487.2^45 ti40.7y' 481.900 438,700 413,170 493.626 233.808 1,708,919,059 1,150,-420.221 1902. -50-3 1,412,702.128 1,095.280,986 -52-7 101,848.898 112.365.901 50.749.281 25.737.831 6,300,882 4,368,298 8.703,287 2,838,149 693,95.1 504,S(X) I Chester lErle 1905. Little Rock. Charleston 10. — 1"0 +16-3 --8-3 --4-8 --19-S - -20-3 +1-7 -f-15-5 1.401, 48'; 887,105 848.890 452.700 464,000 549,516 453,187 220,487 37.495,850 2.3,263,211 5,759.067 3,776.999 3,304.979 2,648,717 1.263,445 1.227,482 1,303,699 620,490 795,090 366.590 895,457 828,391 +-17-8 1,620,668,480 1,279,579,204 Macon Chattanooaa 110365.718 +37-0 6.071,600 2,637,437 2,148,542 1,489,193 1,374,171 1.815.138 649,436 493,223 448,939 514.195 4-18-3 100,044*587 128,407,592 +24-6 190,541,350 23,623,750 14,854,415 11,188,159 7,942,318 7,651.063 4,644,500 4,867,078 2,599,787 2,205,731 1,681,986 1,899,330 434,700 853,700 676,935 870,794 623,563 374.374 573.048 355,431 357,47; 339,153 303,604 327,230 213,545 345,315 119,452 953,049 425,704 167,996 393 25,001,600 12,126,680 9,493.889 Not include Not include 279,463,388 349,260,664 82,775,896 9,006,731 5,760,185 5,839,099 4,711,812 3.302,880 3.260,006 716,043 531,225 339.527 65,743.913 23,523,573 14,837,417 9,544.051 6,432,582 4,536.739 6,448,051 2,840,290 1,790,903 1,206,531 921,093 1,187.954 800,000 473,574 332,387 829.000 .. Total all Outside New York. m + 10-6 -]-23-4 -14-6 +19-6 -6-3 +33-6 -54 140,129,641 6,545,100 2,972,300 1,988.019 1,668.274 1,641,024 1,400.037 997.068 459,003 544.196 468.038 120,920,743 6,612,300 2,568.086 1,888,800 1,804,223 1,709.943 1,459.964 876,970 535,340 525.712 359,899 158,813,298 145,242,546 169.165,837 24,122,650 15,971,626 10,631,921 7.776,703 7,125,817 4,950,800 217,ii26 541 9S0 539,136 389,086 331,800 305,848 275,730 222.082 231,550 194,250 122.289 174,016 185,000 99,534 153,508.907 21.573,100 15,545.333 9,827,253 6,936,901 5.532,063 4,177,350 3,697,211 2,001.363 1,578,393 1,530,196 883,367 762,000 528,436 608.471 508.774 521.460 420,979 454.447 425,528 273,439 233,699 196,377 211.ia5 180,890 180,000 95,244 +12-1 256,643.897 231,392,324 28,083,573 6,100,704 4.416.796 2,690,675 8.449,109 2.174,050 1,849.499 680.669 463,118 281,804 +16-7 24,840,441 6,018.887 4,307,142 -f20'6 548,510 230.510 25.192,190 5.225,084 3,867.248 2,363.528 3,793,012 1.631,328 1,360,900 439.589 506,738 265,724 60,190,003 +31-0 40,520,672 7.574.669 5,759,231 4,260,300 8.037,983 2,194,143 1,953,743 1,774,101 1,217,250 776,200 3,104,9-27 2,516.252 1.893,009 1,574.477 1,045,092 850,000 732.507 723.577 672.914 672,130 823,844 497,511 812,732 620,897 619,837 467,790 4tl2,932 354.83» 348,991 329.323 tal. tal. 47-6 30-4 98 5 36-6 51-9 4-76-3 2,726.73' 3,334,089 2,330,030 1,749,739 +5-2 434,58' -I-14-7 16,166,076 20,415,776 -1-10-3 11,983,994 4-23-8 12,165.257 4-29-0 7,6:W.401 8,848,746 5.113,632 4-26-8 5,639,204 +9-9 4.128.938 4,700,000 4,284,079 -f-50-5 4,899,041 2,869,332 4-19-9 2,056.576 1.277,774 4-40-1 1,569,810 4-29-1 934.573 1,153,892 919.988 -fO-l 817,072 1,067,344 -1-11-2 784,637 4-37-3 582,682 563,396 4-9-3 433,450 156,162 -f-112-9 166,970 Not Include din 10 tal. 43.044,281 16.811.210 12,660 554 6.914.789 5,534,748 4.695,773 5,048,839 2,097,151 1,047,480 1,151,468 934,057 471,449 600,000 180,995 73,875.095 61.297,015 +20-5 59,530,677 58,738,013 58,445,624 18,783,101 11,287.082 54.857.273 16,581,173 10,141,893 4,828,275 3,336,000 4,208,623 2,864,054 4,516,724 2,013,987 2.544,302 1,782,004 1,393,83« 1,084,370 1,224,491 932,153 807.246 942,059 318,614 777,946 910,040 216,672 -f«-5 41.705.136 15,435,923 10,603,385 6.919.798 2.825,000 4,334,579 48,648.322 10,537,683 10.503.014 5,024,580 2,875.500 3,640,383 2.641,22a 2,851,357 2,235,504 1,767,870 1.313,603 5,797,461 4.400,000 5.247,046 4,011,366 5,153.910 3,488,078 3.453,432 2,177.660 2,068,044 1,494,684 1,451,375 1.652,173 958,602 1,018,021 435,096 714,399 1,467,821 243,180 1,326,808 Jacksonville Columbus, Ga Mobile Total Southern 140,750,280 7,183,200 2,831,061 2,241.233 1,647,437 1,560,869 1.550,689 776,452 462,670 554,887 486,309 -f-13-3 4-11-3 4-201 -1-31-9 --24-' -40-0 --14-1 --19-7 --35-7 - -22-2 2.745,(i3d 3,704,818 2.456,059 2,226.749 1,539,735 1,606,546 1,138.876 1,288,862 697,630 887,779 --600 -37-8 --18-5 --77-2 --18-5 - f8-l -8-2 L055,80" 616,000 934,973 -I-01-3 868,164 -1-368 -1-4 Not include d 1,35L969 906,836 746,989 633,600 818,275 551,009 537,984 885,057 in to tal. + 14-2 98.000,577 103,131,453 2,251,327,513 1.847.597.002 117.111,547 1,762 693.692 -1-37-4 949,144,283 783,0a0.663 -1-21-2 838,625.355 761,316.016 27,068,335 19,139,484 6,474.879 1,840.188 3,578,815 2,318,449 1.800,188 1.268,139 1,143,421 1,103,196 739.010 23,168,899 -t-16-8 29.951.684 18,519,.S62 -f5-0 18,486,5.56 +13-6 -0-8 23,529,564 17,156,088 8,229,375 1,093,396 1.890.265 1,455,289 1,567,190 937,409 66,074,100 59,378,78'; 133,746.945 2,421,792,8 Canada— Montreal Toronto Winnipeg Halifax Ottawa. Quebec Vancouver. Hamilton St. John. London Victoria Total Canada 5,697,791 1,855,361 2,290,750 1,852,66 1.607,446 1.308,004 1,053,009 4-19-8 4,903,589 1.919,323 2,338.738 ],822.KJ6 4-120 1,240,331' -3-1 1,153,819 1,038.608 910.660 1,009.718 -f21-2 -26-8 858,815 623.177 850,000 523,544 -fl8-5 64,321,976 53,731,673 -1-55-8 -I-8-7 899,56<i THE CHRONICLE. 2424 the peace copgress so far as fixing upon TEE FINANCIAL SITUATION. When [Vol. lxxx. the place of meeting, while the Washington as Equitable Insurance Saturday, the closing day of last Meek, opened, Company's affairs also appeared to fall into a quite pacific which had been recently of most state, leaving very little, if anything, of consequence in influence in depressing the Stock Exchange market and the Morton and Eyan arrangement for one to take exshaping the course of general business were the war be- ception to. But notwithstanding this material the two adverse forces progress tween Japan and Russia and the situation of the EquiIt so happened that table Life Assurance Society. each of these depressing agencies took a turn on that towards removing differences and uncertainties, the market has remained inore<iuiot than almost ever before. The total sales on Thursday were only 134,401 shares and yesannouncement day lor the terday only 138,205 shares. This situation is giving weight had obtained that it the Associated Press by made to the opinion that the law taxing stock sales has had definite knowledge of the actual acceptance by Eussia more or less effect in decreasing stock transactions. Even and Japan of President EooseA'elt's suggestion that the granting, however, it to be a fact that the law has led to two contending Powers appoint a meeting to arrange a falling off in transactions, can the law fully explain' terms of peace; such acceptance was of course an exhil- the prevailing tendency to lower values which seem arating incident in came First better. its action on Equitable Life by reason of in the aspect the On sentiment. public made the other hand, the changes the Then, Secre- the of election be the result to of the too, this market of the just is little the business part of in the progress.:' year when' almost invariably gets into and passes Paul Morton as Chairman, grew in public estima- through the doldrums. Uncertainties thicken about this tion more thorough and complete than when first period. Operators in the food and staple markets find many Hence, the irritating imperfections in developments of growth on which published it was believed to be. to bull tary noted above developed influences day by day their ventures. distrust Such reports may make a good many during that week, and as a consequence stock sales had believe the stories circulated. Others tell us of a war just declined materially until Friday, June 9, when they in sight between France and Germany about Morocco. reached only 185,923 shares. But with the opening of As industrial affairs are extremely active here, no one Saturday, the changes and developments had so greatly seems to be much scared over such an insane suggesimproved the aspect of afiairs that the stock sales during tion. the short of Saturday rose session to 466,292 shares, A truth worthy of notice values improving correspondingly. Under these circumstances was anticipated is that the public is getting that a good deal annoyed with this unending Equitable disbuoyant day on the Ex- pute. It is time for it to cease. There is no one, except change. This view was the popular one for the added it be Mr. Hyde, who seems to have any care for the real reason that Saturday afternoon the Agricultural Depart- interests of the company. The situation has had the Monday would be an it active, ment's report on the crops was made public, and was terpreted at • and condition promise a of time the be quite to acreage product total 727,432,000 bushels, 552,399,000 bushels, figures against favorable, that of a crop gave for home consumption but a In face of export. buoyancy which set this expectation in so Monday was sibly was due mainly this every way vious to Saturday. Eussia appeared 175,000,000 and the life and had ruled pre- to old methods, current rumors indicating a hitch in tiations; report said that the Czar's plans tention to appoint plenipotentiaries with peace but representatives with power only from the Japanese and sion of hostilities. to conclude a The Equitable Pos- be pursuing her to nego- included no in- power to to receive make terms teuii)oiary suspen- affair who could carry the confusion, the off" the larger company needs simply Mr. Morton has been elected by the constituted authority disappointing. activity of the causes of depression wliich see of report, to the return Amid share. to 1904 decidedly Saturday morning, the market scram.bling to fair surplus for and each of bushels over last year, giving promise of a yield not only sufficient aspect of a lot of buzzards clustered around a dying body, cereal in an increase of or as the wheat for in- was also again in a tangle. be let alone and it At will right itself. known the moment and able man, and has consented to accept the position, doing what he can to re-establish the credit of the company. In the same interest Mr. Eyan has sought to wipe out the property interests now in control. These vested rights are as old as the company, and must be eliminated to reach a change in authority. One party, however, wishes the State to come in and foicibly eject the owner at the State's valuation. That would not be just, and there is no reason to suppose that the courts would lend themselves to such an endeavor. Besides, this process means a receivership and a winding-up of this large and prosperous institution, which course would be a disgrace to the country and of no benefit to any interest but a harm to all. At as Chairman; he is as an honest this point the hysterical party says those in control There had been, it was said, no final settlement; the State Insurance Department was about to make done wrong and should be punished. circles ? Kennedy Tod and have That problem is an outside affair. There is a way to reach any who a report which, it was threatened, would be along the have done wrong, a way which does not involve the life lines of the Frick findings and break up the Thomas F. or the institution and a harm to the insurance business Eyan purchase of the 502 shares of Mr. Hyde's holdings. which it will take years to recover from. How could there be buoyancy with confusion reigning in such highly important negotiations, which naturally The Industrial & General Trust, Limited, oi London would cultivate fear instead of stability in business has this week secured a verdict for $33(),7r>0 against J» As a consequence, since influences the.se two continued varialde in character until Thurs uncertainty with reference to both incidents when seemed to be reduced g<XHl i)Jogie88 was made 2ay, Monday opened to a minimuni. in settling the Thut is to say, preliminaries to the other tion committee of the old members , of the reorganiza- Birnsingham Sheffield & Ten- nessee Eiver Eailway Comi)any, now a part of the Southern Eailway system. The case was an importjint one, since the suit giew out of the failure of the reorganization committee to submit its plan of reorganization ta '' Jt^e receiver's in April 9 two hands about the committee 1895, bondholders to years The for been when, on 2425 is to be preferred As concerns as far was of course a the purpose asked for submission after foreclosure. to its Industrial the invited & \ submission of a plan of reorganization before foreclosure to referred bonds their deposit Sheffield Company had Eailway Eiver Tennessee foreclosure Birmingham The property. the of sale & security lioklers before the depositing the THE CHRONICLE. 17, 1905.! Trust, vital point the the | by raised principle at issue The Industrial Trust had one. $350,000 damages with interest from October General 29 1895. Calculating interest at 6 per cent this would Trust held $570,000 of the bonds out of the total issue have brought the total claim up to about $550,000. The These it deposited under the agreement verdict is, as already stated, for $336,750. of $2,975,000. Had the and never afterwards withdrew them. The reorganiza- Industrial Trust accepted the offer of the Southern Eail•f reorganizing the property. tion committee was empowered Industrial prepare and adopt to way Company a plan of reorganization with or without foreclosure. October 1898 Depositing bondholders, however, were to have the right like thirty days after the mailing to any time within them ot notice of the filing of the plan of reorganization to with- draw from the agreement and to get back their bonds upon payment of the pro rata share of the expenses incurred by the committee. Ou September 16 1895 the road was sold at foreclosure and bought in by the committee the for of upset price $500,000, the bonds which had been deposited with the committee being used in payment of this purchase price. In i^o- it would have got $182,400 —nearly seven years ago. in cash in Calculating in manner 6 per cent interest on this the amount at the present date would be $250,000, comparing with the $336,750 obtained. The method of ascertaining the damages sustained by the complaining bondholders was laid down by the Court of Appeals in its opinion last spring and was quite intricate and complicated. It was for this reason that the case, when it came up for trial in the lower court, was submitted to a special jury. The jury was instructed that since the bonds had no quotable value the plaintiff was entitled to show the intrinsic value of the railroad property and to receive its aliquot vember 1895 the Northern Alabama Eailroad Company was incorporated to succeed the Birmingham Sheffield & proportion of such value that in order to ascertain such Tennessee River. The new company issued $1,700,000 value the jury was entitled to consider the character bonds, which, with its capital stock of $2,000,000, were and condition of the physical property; the character The com- and population of the district through which the road turned over to the reorganization committee. mittee continued to hold the bonds and stock of the new passed the resources, mineral, industrial and agriculcompany until July 1898 (the outlook for the property tural of the region the relation of the road to other and its position strategically the cost evidently not being very bright), and then filed a plan railroads of reorganization and gave notice thereof to all reproduction, the opinions the deof experts as to of its value, and any other affecting positing security holders. fact its Under this plan the bondholders were allotted 40 per desirability as a going concern. It was on this cent in new bonds and 60 per cent in stock of the new basis that the jury rendered its verdict for $336,750. Whatever one may think of the merits or demerits of company. In October 1898 the Southern Eailway Company, as a result of negotiations with the reorgan- the complaint, one thing is certain. The decision of the ization committee, arranged to purchase all the bonds Court of Appeals and the judgment which the complainand stock of the new company at a price of 80 for the ing bondholders will get under it makes it absolutely esbonds, equal to $320 for each $1,000 bond of the Birm- sential in the future for reorganization committees to ingham Sheffield & Tennessee Eiver Eailway. The In- submit plans of reorganization before foreclosure rather ; ; ; ; dustrial & General Trust did not elect new than brought an action for conversion against securities, but committee the reorganization tiff's to accept the for its use of the plain- bonds in making payment for the property. In was pointed out this action, as issue of cessful, in an our February 18 1905, the complainant was not sucthe Court of Appeals holding that the acts com- plained of did not constitute amended complaint, however, a for conversion. In foreclosure press provision agreement the article in after to unless, indeed, there the contrary in Such a itself. Birmingham — Sheffield is the usual one; Tennessee Eiver Eailway case had really formed an exception to the rule. There was no change in official an any of the European banks breach of contract, the an ex- the reorganization course, too, & is this rates of discount by week. While unofficial or open market discounts were easy at London, they were Court of Appenls upheld the contention of the plaintiff" firm at Berlin and Frankfort, and there was an importafter the Courts below had dismissed the complaint. ant advance at Paris, due, it was reported, to preparaThe whole case rested on the one fact of a failure to file tions for the negotiation of a Turkish loan for £5,000,a plan of reorganization prior to the sale at foreclosure. 000, and also to some tension caused by the Moroccan The view taken was that such delay in filing the plan incident. Last week's statement of the Xew York As- had really left the Industrial & General Trust sociated Banks was deranged through the shifting of Sharp differences of opinion developed even among the judges of the Court of Aphelpless to protect peals, and in the its interests. prevailing opinion the action of the committee was characterized in rather reorganization loans from banks transfer, largely Japanese funds. to to trust the companies incident latter, of The bank to the about $56,000,000 of loans were decreased $11,- 76 -',200, and one institution alone showed a reduction in For ourselves we never believed that this item of $20,527,100, while four others indicated an The cash reserve was augthe committee had acted in any way except with good increase .of $9,918,200. intent, and that they thought they were within their mented by $616,000 net, deposits decreased $12,644,rights in deferring submission of the reorganization plan 900, and the surplus reserve increased $3,777,225, to until the time when they could present a definitely ma- 39,827,500. The bank statement of this week should tiured scheme for the disposition of the property, since reflect, among other items, the transfer hither, through as a separate road its full usefulness could never be the Sub-Treasury, from San Francisco, of $500,000, and harsh language. attainedL At the same time it cannot be denied that the tha transfer hence, also through that office, to ]N'ew ^ . THE CHRONICLE. :^45;6 Orleans, of $100,000. may It be noted that the sea- son's output of Klondike gold has begun The Bank move to across [Vol. lxxx. cotton were fairly abundant early in the week, reflecting accumulations in the mails, but the demand therefor wag North America was sufficient to absorb the drafts, and firm rates were mainthis week advised of the receipt at Seattle, Wash., of tained. Indications of good crops of grain and of cotton $310,000 of such gold, which will be transferred hither and expectations of free exports of both staples seemed to make it probable that lower rates for exchange would through Assay Ofl&ce checks. the border. of British rule later in the season, With a view to avoid possible derangement to the money market which might result from the surrender of public concurrently deposits bursements by the banks with the semi-annual dis- dividends and interest, the for Secretaiy of the Treasury this week announced that the final instalment of the call of April 5th for public funds, ditions bankers and anticipation of such con- in were disposed to draw finance make bills, and franc loans and directly sell long drafts as a speculative operation. Inasmuch as there were few or sterling no bankers' arbitrage ings against bills investment, or contributed chiefly either securities foi: above-mentioned the the to market's offer- supply. which would be payable July 1st, would not be required There was some covering of maturing finance bills, until July loth; payments which have already been but the demand therefor was not important and the ma- made on account of this instalment of the call have re- duced the amount from $14,821,000 to about $12,000,000. with the favorable This announcement, together bank light statement inquiry for week previous the of funds resulting fi'om speculation in stocks, contributed money this week. Loans on were placed lor ing bankers' balances Exchange during the week to the the dull easy rates represent- call on and the Stock jority of such drafts were extended or renewed for an- other three-months period. The and including other remittance, seemed the low travelers' credits, with long bills, don making these to settlements discount for generally be quite preferable di'afts for mercantile inquiry rates to met Lon- at The short. only feature of interest during the week was the rise in discounts 2f per cent and at 2 per rate banks and trust companies don. at exchange for at Paris and a at two centimes in the the French capital on Lonfall 'of These movements Avere, however, regarded On Monday as of only minor importance, for they were reported loaned at 2 J per cent as the minimum. loans were at 2^ per cent and at 2 per cent, with the to be due to preparations for the negotiation of the TurkOn Tuesday and ish loan at Paris and also to temporary tension caused bulk of the business at 2^ per cent. were at 2^ per cent and at by the Moroccan incident. Though there appears to be on Wednesday transactions cent, averaging 2J per cent ; 2^ per cent, with the majority at 2^ per cent. On Thursday loans were at 2f per cent and at 2^ per cent, with the bulk of the business at 2 J per cent. On Friday transactions were at 2J per cent and at 2^ per cent, with demand for the majority at 2^ per cent. The time contracts on good mixed Stock Exchange collatfor periods up to six months was small, eral and rates for sixty days were 3 per cent, for three to four months S^'SS^ and for five months SJ per cent. There was a good inquiry for loans for six months at 3^ per cent and for seven to eight mouths at 4 per cent ; foreign bankers were among the chief a large short interest in the market, the result of liberal lenders for six months^ employing the proceeds of finance long to 4 and of speculative sales of exchange, bankers do not seem to be at all apprehensive of undue activity or strength when these drafts shall madrawings of finance bills ture unless something now unforeseen shall occur to de- range the monetary situation and cause precipitate Oold received ering of the overdrawn exchange. Custom House for the week, $76,131. Nominal quotations for sterling exchange covat the are 4 85^'® Rates for actual business opened on Monday at an advance, compared with those on Friday of last week, of 10 points for 4 86 for sixty day and 4 87^'2'4 88 8510®4 for sight. 8520, of 5 points for short to 4 87® Commercial paper 4 8705 and of 5 points for cables to 4 8 730® 4 8735. continues in good request, but the offerings are insuffic- The market was steady and entirely unchanged as to Rates are 3J'S)4 per cent rates on Tuesday and on Wednesday. On Thursday the ient to meet the demand. for sixty to ninety day endorsed bills receivable, 35®4J only alteration was a rise of 5 points for cables to per cent for prime and 4J®5 per cent for good four to 4 8730®4 8740. The tone was firm on Friday at an six mouths' single names. advance of 5 points for long and of 10 points for short. The following shows daily posted rates for sterling The Bank of England rate of discount remains un- exchange by some of the leading drawers. changed at 2^ per cent. The cable reports discounts of MON.. TUES.. Wki).. Thitr.. fki., Flil.. Juim 9. June 12. June 13. 7«ne 14. June 16. Tvne 18. sixty to ninety-day bank bills in London 2 per cent. The 86 86 80 86 86 4 8(5 (iO days open market rate at Paris is If per cent and at Berlin and Brown 88 88 88 88 Brothers & Co. ISicht.. 4 88 86 66 86 4 86 86 5 00 days Frankfort it is 2|'2)2f per cent. According to our special Barini;, 68 88 88 88 88 MaROun & Co. ISlKllt.. 488 86 86 86 86 86 4 86 cable from London, the Bank of England lost £155,983 Bank British i 60 days 88 88 88 88 88 No. America.. 1 Sight.. 4 88 86 85« 85^ 85!^ 4 85« S5^ bullion during the week and held £38,117,001 at the Bank of 5 60 days 88 87« 87 4S7>^ 87,Hi bills and sterling and franc loans. 5 close of the week. that the loss was Our correspondent due to imports of further advises us £93,000 £5,000 from Australia and £88,000 bought market) and to shipments of £249,000 net ior of Great Britain. (of in the which open Fluctuations were within a narrow range, and indeed H 4 of Commerce. ^SlKht.. HeUielbnch.Ick- 5 (SO days elhelmer&Co. {Sight.. 4 days 4 (Sight.. 4 Lazard Kreres to the inter- The foreign exchange market was exceedingly quiet this week and the volume of business is very small. 5 (iO Merchants' Bk. ( 00 days JSiphi of Canada. . 4 4 SO 88 86 88 86 88 4 85!^ 4 87'-<; 86 88 86 88 86 88 86 88 86 88 86 88 85'^ S7W 87 k. 80 88 80 8(1 88 86 88 80 88 88 86 88 85!.(j 85^ 87 V. 87^^ 86 88 86 88 86 88 86 88 The market closed on Friday at 4 8515®4 8625 for long, 4 8710®4 8715 for short and 4 8730®4 8740 for Commercial on banks, 4 8485®4 8495, and cables. documents for payment, 4 84^®4 8530. Cotton for pay- ®4 84^, cotton for acceptance, 4 8485'2> were without quo- ment, 4 84^ 8530. The ofierings of commercial bills against 4 8495, and grain for payment, 4 8520®4 for the greater part of the table change. ^SlRhl.. Montreal Canadian Bank 5 (SO days week rates — THE CHRONICLE. JtJNB 17, 1906.] ^ f 2427 moyements of money different position. Under present circumstances, she' can make war as easily as peace. To yield on any but by the New York banks. the most stringent terms would infer magnanimity, when Shipped bv Net Interior Beeeived by Movement. r. Banks. N. Y. Banks. her Manchurian army clearly has in its grasp the great «4,4e7.000 Gain. $2,048,000 ?6,546,000 the first Eussian city which could b»^ prize of the war following gives the week's The to and from the interior Wtek ending Jtme 16, 1906. IV. Currency Gold Total srold With and the legal tenderg. 846,000 649,000 $7,391,000 55.046.000 Gain- — 297,000 taken from the enemy. Gain. 82,345.000 Sub-Treasury operations the result is It as long, is Even supposing tails. Week ending June Banks Interior movement as above Sub-Treasnry operations Total eold and leiml tenders ... Into Out of Net Change in Banks. Banks. Bank S;5,046,000 22.300,000 23,800,000 Gain. $2,845,000 Loss. 1,500.000 §29.691.000 28.846.000 Gain. The following table indicates the principal European banks. Jwne the amount posed that the terms Jtme Silver. TotaU the start 16, 1904. Silver. Gold. France Germany.. 114.482,51? 40,380,000 Italy Netherl'ds.. Nat. Bela. .. it is not to be sup- be suggested by the two What Eussia would offer at What not accept. will ask for in the first place Eussia will quite as seen in the dispatches and in the newspapers, such as those of Paris, which are friendly to .34,444,077 44,317,667 158,800.184 111,835,377 13,460,000 53,840,000 36,373,000 45,266.051 157,101,428 12,780,000 49,153,000 8,058,000 92.874,000 6,373,000 111.276.000 13,086,000 60,787,000 84,816,000 46,987,000 13,997,000 60,984,000 22,077,000 36,893.00(! 14,740,000 20,241,000 34.981,000 22,445,000 3,638,400 86,083,400 22,045,000 8,999,300 26.044,300 6,783,900 6.216,500 13,000.400 5,476,100 6,593,800 12,069,900 3.222.66' 1,611,338 4.834,000 3,060,667 1.580.333 4.591,000 104,903,000 Rnssia Aust.-Hun.. 47,701,000 14,816.000 Spain to Japan would certainly From what we have lotal. 34,444.077 38.117,651 38,117.661 first terms, on the part of certainly resist. £ EnKland.... to ble distance of each other. of bullion in Sank of Gold. in discussing de- groups of plenipotentiaries will be within any measura- *845.000 Japan 15. 1905. negotiations will be the entire willingness each belligerent to come Holdings. S;7,391,000 that and that much time may be spent follows. 16, 1906. already obvious Eussia's cause, we should suppose that the question of indemnity stands in the centre of the controversy. alleged, in fact, in as good a source of authority as the ''Economiste Francais," that peace was immediately after Mukden a possibility but for Japan's understood Dispatches this week ultimatum of a cash indemnity. Tot. week... 392.851,745 110,779,900 503.631,645 359,777,221 112,465,484 472,242,705 Tot. prev... 392.559.761 Ul.022.56' 503.582.328 358.314,090 111.264.674 469,578,764 It is and last have intimated that Japan will —exactly ask for one what the Prussian Government required from France in 1871 but that, THE PEACE NEGOTIATIONS. This week's details regarding the Eastern peace nego- granting other concessions by the defeated Power, the tiations have consisted mostly of rumor and conjecture. exaction might be reduced by something like one-half. thousand million dollars So far as the formal arrangements for Two a conference are concerned, there has been evidence that they were mov- tion is questions arise as soon as considered. One is, the — this indemnity ques- right of the Japanese ing forward. This was, indeed, to be expected when the Government to exact it; the other, Eussia's capacity to ^Russian Eoreign Office has shown itself in favor of a pay it, and its economic effect on the financial situation peace arrangement, even in the face of opposition from in and out of Eussia. It is admitted that exaction of an At Washington had been indemnity by the Power which declared war in the first The ^'Econoa compliment, place is, in the main, a novel precedent. selected as the place for the meeting perhaps, to our Government's position in the negotiation, miste Francais," to whose article we have referred albut also a selection of one of the very few cities in the ready, takes the broad ground that demand of enormous world against which some positive objection could not indemnities from a defeated Power are, under any cirThis cumstances, a demoralizing influence of the day. be raised. The floating rumors of the week have repeatedly been position involves some large considerations; suffice it unfavorable to a successful issue of this conference. They here to say that if an indemnity payment ever could be jushave been based for the most part on what seemed to be tified, it is unquestionably warranted in the present case. a shifting attitude of the Eussian Government. For inJapan, it is true, was the first to make formal February. But it was last stance, while the Japanese Government fully and readily declaration of war acceded to the suggestion that plenipotentiaries should not Japan which provoked the war; it is perrepresent it, Eussia consented with the qualification that fectly well understood that the Tokio Government its assent was " in principle " only, with some not very took this step only when Eussia, with her characteristic obscure hints that the plenipotentiary would be required insincerity, had shown that while she would yield in no to report back his terms for approval at St. Petersburg respect, she was sparring for time to put herself in ahe was at not to be a plenipotentiary in other words, that more powerful position. There is, first, the consideratruth impossible to say just much of is how all. It tion that the Eussian Government, by its wholly unjustithere is in the inference that Eussia is playing fast and fied moves at Port Arthur and in IN^orthern Manchuria,, Her repu- quite as much made this war necessary as if St. Petersloose at this stage of the Eastern episode. tation stands against her, as it does in the case of burg itself had declared hostilities and made the attack every nation and of every individual who, hav- upon Japan. We regard the situation as one in which a ing once before broken his word, will not be trusted un- money reparation, for the expense to which Eussia's This is, at conduct drove the Japanese, is justified by all reason and less he has given some hostage to Fortune. the attitude of Japan. The response precedent. clearly all events, The question of how the indemnity will be paid i» of that Government to these signs of vacillation or trickIt consisted in likely to cause some interesting controversy. ery at St. Petersburg was characteristic. St, armistice until Petersburg dispatch this week, citing a Eussian Unito an of consent a withholding Eussia should be absolutely committed and in an versity professor and writer on political economy, argued immediate forward movement of Oyama's army. This that Eussia's poverty, and the difficulty with which its was a useful illustration of the fact, which every one last domestic loan was floated, simply prove that a war ought by this time to recognize, that however grave may indemnity of the reported magnitude would ruin Eussia. be Eussia's need of immediate peace, Japan occupies a Thia was assumed to be the casft oven if Eussia were to the Court party. last advices — A I — THE CHRONICLE. 2428 Against raise the requisite capital abroad. sion shoukl be placed the this conclu- which there appears fact, for to be reasonably good authority, that the French bankers stand ready to advance the necessary funds if Eussia agrees much (YOL. L3L5Sr '; and deserves close examination. Suppose such an aftair had occurred in the case of service di- ial interest rected an»i furnished by some corporation under private Oan any one doubt control. that the sensational press would have ^^ited tlie incident as going to illustrate the of Kussian credit and her ability to pay the added in- ills and evils connected with corporate management! terest on an indemnity loan are still accepted as facts by How their demands for legislative action to repress corThis attitude of the French finan- porate action and corporate undertakings would have in-^ the Paris financiers. French investor toward the Russian Gov- creased! Every advocate of municipal ownership would cier and the ernment is undoubtedly peculiar it has been a most have used the occurn,^nce as an argument to show that This to peace. is as as to say that the soundness ; puzzling all phenomenon war broke the since allowance, however, for a peculiar situation, fair to say that finance a if these may it it is but show willingness capitalists war indemnity, With out. to be taken for granted the condition of things under corporate control was get- ting intolerable and world have insisted that the only refuge for the people was in having the way take over the thing in a whole-souled Government for the benefit and the interest thereon of the entire community then every employee would be' paid hereafter. "We shall doubtless have more to say animated by a desire to promote the public weal public later on, when definite details are at hand, as to the spirit would be the dominating influence, and nobody probable influence of a large loan of this sort on the would any longer have any reason to complain. that the indemnity will be raised ; As world's financial markets. Aside from the more or less conflicting reports regard- ing the peace negotiations, there a matter of fact, it is inwnceivable that any such thing could have happened under private management one factor in the as the incidents which developed in connection with is last from which real encouragement may be de- Sunday's break in the water main in a department of The fact that the Eussian Government, under service directly and exclusively under municipal control situation rived. the stress of its idly with its present circumstances, is proceeding rap- grant of reform to the Eussian people, unquestionably reassuring. Such tion of Finnish as the ofiicial abolition of the special laws is details as the restora- language in Finland, the illegally introduced by the and management. Consider the precise At facts. a Sunday afternoon a forty-fiveinch water main burst on the west side of Park Avenue, between Forty-first and Forty-second streets. The Department of Water Supply was at once notified. But it is a well known fact that public bodies move slowly and past little three o'clock Czar into that country, and the large grant of the to Poles and So great delay ensued. In the political power Jews, are with great deliberation. what may come hereafter. "We meantime the water was flowing in perfect torrents an earnest of are confident, however, that the Eussian people have now through the roof and sides of the Subway and rapidly last was found impossible to get at that these reforms will be permanentj and the only pos- any of the higher officials of the Water Department sible security for that is a national legislature. Much only very minor subordinates being in charge. Nobody will be heard on this phase of the question when the war seemed to know where these higher officials resided or where they could be reached. The Interborough Eapid is ended, and we shall see to what extent the saying is a private corporation had no such true, that as the Americans in 1776 fought England to Transit Company General Manager Hedley was soon at the preserve the liberties of Englishmen, so Japan's victorious difficulty. sufficiently grasped the situation to demand some security filling the tunnel up. It — resistance to Eussia has broken the shackles of the Eussian people. scene of the — about endeavoring to accident, hustling and devising safeguards for the proAfter an hour had elapsed and tection of passengers. there was no evidence that anything was being done, he called up the Water Supply Department in person on relieve the situation PUBLIC UTILITIES AND TEE WATER-MAIN ACCIDENT. the telephone to urge haste. The bursting of the water main on Park Avenue last Sunday afternoon, with the interruption to the city's transit facilities which it occasioned and the glaring inefficiency and incompetence which it revealed in one of the city's departments, teaches some lessons bearing upon the character of the work done by public departments that should not escape notice. The matter is of great importance in this aspect because the trend of popular agitation and public discussion seems to tion of enlarging the ting our cities to take be in the direc- functions of government up much — of get- He quoting from the report given in that a and was informed (we are the jS"ew York "Times") "gang of men" had been sent correct to find the trouble it. After a delay of another half-hour the "gang of men" appeared in the shape of two laborers in a Department wagon. They dawdled away a lot of time, shutting off the water from several small supply pipes, but did not know and could not find the Water kept pouring main. 5:40 o'clock a gate into controlling the big Subway until at the loud explosion at Forty-first Street indi- work performed cated that a short circuit had been formed with the reand supported by sult of an extensive blowing out of fuses, as a conseprivate capital. Our municipalities have long furnished quence of which the Subway began to fill up with smoke their inhabitants with a supply of water. Why not have and gases. Instantaneously the power was sliut off" and them go a step further (so the argument runs) and the running of all trains between Seventy-second Street take over all so-called public utilities— furnishing and the Brooklyn Bridge had to be discontinued. Some gas and electricity lor lighting and heating purposes and of the passengers on tlio trains had narrow escapes from assuming the ownership and operation of street railways suffocation. General Manager Hedley did not relax his and other facilities relating to urban and iuterurban etlorts, and as a result of constant hammering finally retranspoitation. ceived assurances from the Water Department tliat a It is in this aspect that last Sunday's accident, \vith "relief gang" had been sent out and that soon everything the attendant misfortunes and discomforts, possesses specwould be set right. Despite these assiirahces, however; of the by corporations under private control June THE CHRONICLE. 17, 1905.] received no the two laborers had continued grope around to in reinforcements and an aimless, hopeless 2429 done in case defects developed, and nothing to indicate where the important gate was located or where maps could be found indicating fashion. As ithappened, knowledge with reference to the location its We location. sure are that such stupidity, such gross carelessness, such glaring such unpreparedness, such utter disregard of of the gate controlling the supply of water in the broken inefficiency, came from an outsider. Thomas Crimmins, brother of John D. Crimmins, and himself a contractor, heard while down town of the break in the main, and at once proceeded to the Grand Central Depot and communicated with one of his foremen, who fortunately was This was after able to give the desired information. consequences, cannot find a parallel anywhere in private main finally By seven o'clock. that time the foreman of the "high- pressure gang" had arrived with half a dozen laborers, and with the knowledge obtained from Mr. Crimrains's foreman they proceeded to the northwest corner of Fortysecond Street and Third Avenue, took up a gate cover, and closed the gate. The flow of water immediately management. Mayor McClellan, who usual amount of common man a is sense, has possessed of an un- made an excellent suggestion to guard against a recurrence of similar de- He lay in the future. has requested the Commissioner Water Department of the with the Fire to confer Com- missioner with the view to having the commanders of fire companies familiarize themselves with the plan of the supply pipes of the city, thus enabling the firemen though, Eeally, sary. when flow of water in the mains to shut off the involving re- suggestion, this neces- was then nearly eight o'clock, and over four and course to the services of another public department, So much water had flowed makes the inefficiency of the Water Department all the a half hours had been lost. We notice that the Water into the Subway that no trains could be run between more plain and palpable. Forty-second Street and Fourteenth Street until Tues- Department is seeking to fix responsibility for the de day morning, and through service was not resumed until fective main upon the Rapid Transit Commission. We that time. know nothing as to this, and it would alter the situation ceased. We It say inconceivable is it such a thing could that happen under private management. Even if the higher officials were away (which might very likely be the case seeing that the time was Sunday), at least a few competent persons would be just what to left made beforehand be for precisely such would be ready and available for use. We this would be the method of a private corporation, for the dictates of self-interest would allow of no other The liability to loss and the possibility of damcourse. age claims would be so great as to enforce vigilance. Aside from such considerations, however, evidence of unforeseen occur- the readiness of private enterprise for furnished to the senses every week in the year. Accidents on the railroads are dealt with with the same on Sunday as on any other day. In the same way telephone and telegraph wires, if blown down by a storm or rendered useless in some other way, promptness and facility And to this responsibility should not be allowed to obscure the main point at issue. This point off is simply that instead of the water being promptly, as break, it it should have been, on notification took four and a half hours before the gate controlling the supply into the main was actually closed remedy. It unnecessary to pursue the subject any further. is The whole affair simply furnishes new proof of wisdom of delegating any additional fuactious least, the unto gov- All experience teaches that in this country at ernment. whatever may be the case in other countries, government never does work as well as do private persons, even though these private parsons take tlie form of The large corporations. reason In public undertakings there bility that exists in private though the day interest, these illustrations might be multiplied amount are repaired with equal dispatch, even be Sunday. discussions as that It and that no one in the Department seems to have aver that had any idea what to do or where to go to apply the else is important know turned Ample of the men, maps, supplies and everything contingencies, and ences is charge who would in do in an emergency of that kind. provision would in no degree if responsibility finally did lodge there. is is perfectly not the sense of responsi- enterprise. no accountability, and there of red tape (some of obvious. There is is no self an unlimited quite necessary to prevent it almost indefinitely. fraud and abuses), which militates against The explanations which the various officials connected with the Water Department have made since the acci- In the case of a corporation the directors can at once re- full efficienc}^ manager or official who may be responsible foi* dent present the matter in an even worse light than the trouble and he in turn can (if he finds that a suborappears from the above narration of the circumstances of dinate is at fault) displace those below him wh> It seems that the defective main had not may have been derelict. In the case, however^ the case. action of this kind previously been in use for some years that it had of official, a public is damaged the time of exploat the dynamite of fixing accountbeen badly necessarily slow, the process after the sion that killed Major Shaler, and that no water had ability difficult, and even delin(iuents move the — been allowed to pass Sunday morning We repairs). old one, with through since until 12:30 o'clock it some necessary the main was an (after the execution of are told, moreover, that only a four-inch hub, whereas the later ones have eight-inch hubs, and that this should have enjoined extra caution on the part of the ment. It seems to Water after extensive repairs to keep a patrol force for twenty-four hours, Dei)art- be the custom of the Department and in this case the on watch circumstances have been discovered discharge. Just likely as frequently prevents their politics as not, too, if they be dis- charged, the Courts will reinstate them upon some technical ground after a long Water Department and period of litigation. The the Post Office Department are most often referred to as indications of the success of government work. This week's experience shows what the conditions are in our city Water Depurtinent, and the long list of cases of prosecutions for dishonesty in the were such that wise precaution would have suggested Post Office Department, which have been taking up the keeping watch time of the for four or five days. patrol remained departed, leaving on duty less Instead of this the than five hours and then no instructions as to what should be Courts the courages confidence in of that last the branch of the service. twelve months, hardly en- soundness and good conduct y THE CHRONICLE. 2430 JEIJ STATEMENTS OF TEE YANDEEBILT EOADS. [YOL. LXXX. smaller extent by changes in the iron and steel industry than with the Pennsylvania system, which the case is and gridirons the iron The Kew Western roads have this week submitted returns for the the results for the current half-year ending June 30 month being of course estimated. The figures are inter- York Central and several of the Yanderbilt — €sting as showing the course of trafiBc and earnings on Pennsylvania and steel districts of the Middle West. The Xew York Central system, both east and west oi an advantage, the same as other Buffalo, no doubt got East- and- West trunk lines, from the larger grain move- The wheat shipments, to be sure, were smaller, owing to last season's wheat shortage, but the loss here naturally attracts was more than offset by gains in corn and in some of the Two encouraging features appear on an other cereals. However, while the grain movement as <shief attention. examination of this half-yearly statement. In the first a whole was ahead of that of last year, it was by no place a material improvement in the gross receipts is means equal to that of two years ago. Taking as a very that a place it is found in the second and disclosed, guide the seaboard grain movement, we find that the -substantial amount of this gain has been saved and car- receipts at these seaboard ports for the period from JanStated in brief, gross uary 1 to June 10 amounted to 89,959,988 bushels in ried over as a gain in the net. earnings were $2,762,900 better in the sis months of 1905, against 68,785,750 bushels in the corresponding ment. an important body of roads. The New York Central statement months of 1904c; in the period of 1904, but as against 130,464,190 bushels in case of the net there has been an improvement in amount the same period of 1903. There was a further advanof $1,667,500. Fixed charges were considerably heavier tage in 1905 in the absence of an adverse influence in 1905, while income from investments diminished to which had proved extremely disturbing in 1904. We some extent. The final result, however, is a surplus refer to the Masters' and Pilots' strike, which paralyzed above charges and the sinking fund in amount of $3,- lake shipping for six Aveeks in 1904. These lake lines 1905 than in the first six for the half-year in 1905, against only 110,900 $2,482,731 during the season of navigation constitute important In other words, 2-35 per cent tributaries to the trunk lines, and there was of course no the stock in the six months of 1905, as extraneous influence of this kind this year. On the in the half-year of 1904. was earned against onlj' for 1*88 per cent in the six months of 1904. The dividend having been 2^ period, this means that the per cent in each half-yearly company fell only $195,300 other 1905 hand there was no special stimulating agency in to swell the passenger traffic of the arose during May and June 1904 roads, such as from the holding of meeting the dividend requirement in 1905, the Louisiana Purchase Exposition at St. Louis. The against a shortage in 1904 of $823,518. We presume weather during 1905 was by no means ideal, but it Avas the fact is known that the six months to June 30 con- somewhat less severe than the winter of 1904, when the short of stitute the poorer half of the year. It will lines In gain is New York encountered unprecedented no doubt be urged that the present year's gain snow. amounts simply to a recovery of what was large in northern measure this is none the less true, welcome on As lost last year. though obviously that the account. far as the cerned, the Vauderbilt Western properties are con- returns the of Lake Shore & Michigan Southern and of the Michigan Central both reveal the Oonditions in 1904 had been extraordinarily unfavorable, usual in part because of phenomenally adverse weather, in part gross earnings, both characteristics; that is, while both show gains in show an augmentation in exfrom other causes. It is well enough, however, to point penses nearly equal to or in excess of the improvement out that, at least as far as the gross earnings are con- in gross. It is not possible to compare expenses in cerned, the 1905 increase exceeds the 1904 decrease. these instances with the figures preceding last year, beThe falling off in 1904 was $2,227,194. The present cause the basis has been changed, taxes now being inyear's increase in the same item is $2,762,900, showing cluded with fixed charges, whereas in previous years a difference in favor of 1905 of over $535,000. Stated they formed part of the operating expenses. As a matin another way, gross now is $39,235,700, against $36,- ter of fact, the changes in expenses would possess little 472,802 for the six months of 1904 and $38,699,996 for significance in any event, since on these lines it seems We 1903. that in lay stress on this fact because it indicates to be the policy to 1905 the Central's gross earnings were the the course of the also adjust gross, the expenses in accordance with plan evidently being to de- In vote pretty nearly the whole of the earnings to repairs, the net the present year's improvement does not amount renewals, improvements and additions, except enough to to a full recovery of what was lost last year, but never- provide for fixed charges and the customary dividends— theless the total of the net is close to that of two years at the rate of 4 per cent per annum on the Michigan ago, the present amount being $11,061,800, against Central and at the rate of 8 per cent per annum on the largest ever reached in this period of six months. $9,394,311 in 1904 and $11,276,072 in 1903. Fixed •charges of course were heavier than in 1903. need hardly say that traffic conditions in 1905 We Lake Shore. have lost The Michigan Central in gross appears to have gained ouly Contrariwise, the Lake Shore liad at all in 1904, but rather had had a $788,132 in 1904, but to $211,414 in 1905. General sustained no loss had been gain of $117,364, and were on the whole decidedly encouraging. trade was good and active where in 1904 it for 1905 is able to report a further dull and declining. In the iron and steel industry the addition to gross earnings in tlie large sum of $1,02 7,contrast was of course particularly marked, that industry 851, of which $1,008,772 has been consumed by inhaving been in a state of much depression in 1904, creased expenses, leaving $19,079 gain in net. whereas in 1905 the output has been enormous and unprecedented, notwithstanding that the last few weeks Besides the Lake Shore & Michigan Southern and Michigan Central, returns have been furnished this reaction has taken place from the previous week for the half-year for two of the minor Vauderbilt xtreme buoyancy. It is to be noted, hownver, that Western lines, namely the Lake Erie & Western and the somewhat of a traffic on the Vauderbilt lines is allccted to a much the Indiana Illinois & Iowa. For the Cleveland Ciu- — — June St, months for the four & Chicago & we have Louis Kew April 30, and for the to April. bring together in the following the figures 1905. latest re- 1805. 1C05. 1904. Jan.l to June SO— $ N.Y.C.&H.R L.Sh.&M. $ 39.235.700 36,473,808 So.. 18,166.097 17,138,243 Mich. Central.. 10,676.886 10,465,472 L. E. AWest... 2,'i77.834 2,3-.i5,128 Ind.ni. (fclowa. Expenses. , 925,882 > 1904. — 193J. 1906. e 28,173,4)03 27,078.491 18,848,0^8 12,837,2^6 8,521,132 8,277,166 t $ $ 11,061,800 9,39J,31! 4,320,039 4.300,!iH' 2,15^,' 51 2.188,3'" 1,687,3>;2 l,743,fl50 590,472 581.5' 683,819 649,(37 241,4 3 1^8,4.8 888,056 Inc. or Dec 1904. .11,860,721 101,474,716 0,Vi02,218 per. exp... Net eam's 31,95?,50 yet Earnings. , eam'H ross Total n,281,819 67,239,803 52,915,291 60,5t6,230 18.366,528 16,663,573 Jan. 1 to Apr. 30— April 30. 1 to (96 roods.) 1905. (ne.or Dee. 19C4, 74, '.'82,231 t-7,333,006 125,017,2B5 403,7C2,33- (-21314957 +5,filB,P^7 310,654,193 29-3,1 e2,010+l4i724i3 .'i0,182,"sf -|-1,7C6,01*' I14,'i6?,(!02 for these several roads for the last two years. Gross Earnings.,—\ January (93 roadt.) York turns are for the quarter ending March 31. To afford a general idea of the showing for the combined lines, w«! , 2431 as yet figures only Louis and the Kutland the St. ) , THE CHRONICLE. 17, 1905.] ^nnati Chicago S 107,520,2 8 +8,S4'.',504 On the roads contributing returns the increase in gross earnings over last year amounts to $7,386,005, or 7-07 per cent, and the increase in net earnings to $1,766,018, or 5-84 per cent. gross the It should 1905 gain Indeed, the falling loss. be understood that in the much very is larger than last year's 1904 was only $1,736,723, as against the present gain of $7,386,005. In the net, however, the gain now of $1,766,018 comoff in gross in Cl.C.C.&St.L. 6,543.870 6,lf-5,194 5,362,886 5,098,403 1,181,285 l,086,7lil Peo. & Bast. 887,308 Jan. 1 to Mar. 31— l?.T.Ch.&St.L. 2,195.391 988,983 695,174 784,673 192,128 221,310 pares with $2,540,351 decrease in April 1904. 2.081,033 1.775,F,05 1.665,780 415,259 495,013 480,4S7 371,719 395,927 419,886 123,294 Grand total,. 81,4 03,226 76,975.456 1904 the month of April showed large increases in gross and net earnings alike for many consecutive years, as . ButlandRR.... From the foregoing 61,120,104 58.501,013 it 94,510 20,283,121 18.474,443 appears that (for the mixed periods given) aggregate gross earnings for 1905 were 181,403,225, as against $76,975,456 for 1904; aggregate expenses $61,120,104, against $58,501,013, and aggregate net earnings The improvement $20,283,121, against in this last instance, it $18,474,443. will be seen, $1,808,678, of which $1,667,480 has been contributed by the Kew York furnished the Central The Central itself. also has bulk of the increase in gross earnings, fiscal year has recently been changed and ends with December instead of with June. 'tar roais. months counts as that much and net gain for the for new current calendar year. GROSS AND JSUT UABNINGS FOB APRIL. Year Qiven. I'receMng. inereatt or Oecreatf. 14,454,62 t 14,657.119 -172,493 14,974,156 15.695,82- -1-3,045,233 64,751,130 54,704,841 H-46,28fc 15,419,76,'- )8(13i 63,443,166 55,427,91!- f8,015,248 i8,74),«6( I -|-841.76f t -f 415,813 »9(1L4 68.857,884 t4.833,2GC +3.469,6^4 20,458,8; 3 19,119,e0( -f-l,£3a,229 )0(127 78,077.472 68.313.03" -9,764,144 23,300,03 20,4ia,81< -^2,8':3,^^l 01(137) 04,439,377 84,331.412 10,107,98J 29.511,Mi 24,975,166 -1-4,535,945 -9,l»38,13t' 31,860,131^ Si7,i:91,lU -f?,339,010 .•«.892,9.f: -t-4.104,169 •1,766,018 100.682,3C0 1 91,394,lf!4 , 107.617,310 84.178,42. 04 (96 98.798,674 100,533,597 -1,736,723 28.562,276 29,78S,8i0 31,092.62t '06 (98 lll.8e0.72) 104,474,7ie t7.3S3,C0i Sl,958,60c a0.192,4:6 +-13,344.83' -?,t4:,861 to April 30. 1 98(182 fiscal or PreeediiiQ. Year '7(127 ^6(127) the six aiven. Net Earning!. Increase or Decrease. 49,766,-03 ><7(122) ingly the improvement in gross Year t 50,608,669 Jan. Accord- Year 'fl(18S )3(IC9 now Qrots Earning. & -Vo. o; '2(120 though the Lake Shore, as noted above, also contributed over $1,000,000 gain. It may be recalled that the Central from the following table carrying the comparisons back to 1896. will be seen AprVL. is Prior to 201,819,13 231,425,801 190,463,45; -11,332,671 58,892,1:9 51,370.21: +4.621.934 234,554,85.'? -3,129,05^ ''2,323,362 60,881,592 -(-1.941,770 63,167,6cl + 18.836,961 248.904,311 217.893. \ 12 +31,511.12fc 76,303,632 ^9(122) 865,588,24 78,fi£a,13i 78.038,40( 00(185) 308,941,Oi.) 261, 634, c 57 1-10.903 .8-! :64,634.61i 1-41.256,386 98,220,034 78,629,68;- 01(127) 872,154,171 338,669.007 -t-36,8S5,16l 08(117) 386,082,50. 361.929,975 1-24,102,532 < 03(108 408,133,197 360,908,31) •04 (95; 378,234.461 381.t07.3l' '06 1961 425,017,29{ + -h9:7,731 17,890,351 20.760.379 104.321.8% » 18,428,519 1.0,314,517H4,842.04- i-47,134,3!)e 119.fi80.863|110,6ai.0.3e -1-5.472,500 -1-9,819,087 -3,f62,85ti 97,9=9,818 112,S92,57(- -14.533,260 403,702.33.'- -1-21,314,957 114.362.802 107.520,291-6,842,504 If OTK.— Neither the Mexican roadB nor the ooal-mlnlnK operations of compilations of the gross and net earnings of the antbraoite coal roada are Included In any of these totals. United States railroads for the month of April reveal reAs last year most of the separate roads were distinsults about as expected. There is a quite considerable guished for large decreases, so the present year the chief improvement in gross as compared with the correspondcharacteristic is the large gains displayed. The deing month last year, and a somewhat more moderate creases are comparatively few and unimportant. In improvement in the net. Conditions were markedly fact in the case of the gross there are only two for more favorable than a year ago, but on the other hand amounts in excess of $30,000. In the net the numthe fact must not be lost sight of that there was one less ber is somewhat larger, due to the augmentation in the working day the present year April 1905 having conexpense accounts. have brought together in the tained five Sundays, as against only four Sundays in table we now present all changes, whetlier increases or AprU 1904. decreases, in gross and net alike, for any sum over Last year in April there were many adverse condi$30,000. tions and influences which combined to reduce traffic and PBINOIPAL OHAHOKB IN GROSS BABVIHQB IK APRIL. Inactivity in trade, a small grain movement revenues. Increases. Increases. ,9onth. Pacific System. $"94,900 Clocking Valley at the West and a small cotton movement in the South $77,516 Our — We backwardness of the season, the miners' strike Colorado, severe storms and exceedingly wet weather the in PennsyL KR. (3 r'd8)t Onion Pac. By.stem... Mo. Kansas & Texas.. in ^t!'hl?B^&'&&a'F ^^ 76I,P.OO 622,655 4«3,698 377,618 833,951 328,034 288.834 336,723 Uenv. & Rio Grande. Rio Grande West. J Colorado & Southern, i.'ln. N.O.&Tex. Pac. M. Y. Ont. ' ohio^Mii^Sfst I |u,n^''^nt?ay'!""' Ilo'su &. Western. Ohlc.IndpIls&Loulsv, Kansas City Southern W. Jersey <fe Seash.. .. '.«hlgh VaUey RR.... Minn, & St. Louis..... Iowa Central were quite generally favorable. The cotton movement ?,^^yme & NaXm"^ in the South was of notable proportions (the receipts at aorfoik'dfwestern^'" the Southern outports aggregating 686,558 bales, against zii.'ist Alabama the Southwest— these were among Of the unfavorable agencies at more conspicuous time. The present the that year conditions and circumstances, as already j stat-.^d, ^ou^hera^Raui^/!... ¥SS"' | only 168,016 bales, and the shipments overland by bemg 167,044 ° ,-rr ' ^ bales, , . against as , ,. 36,610 bales), -" . ^Saman^Pao?f.o*®"^' X*5??,* ,^l?Li*i^®^" rail while *^"*^"®*^¥°i-. seaboard Air Line.... i^ntraiof Georgia.... 211,271 201,313 188,86a 180.098 167.639 132.617 104.909 ^^'^^* 96,966 96,o78 62,368 61,608 56,716 56,251 52,650 52,132 48,900 47,212 45,583 Gt. 8'th'n 34,9.'i7 32,301 31,S17 30,418 ... Chesapeake A Ohio... Georgia RR Total (representing 39 roads) $7,165,244 Decreases. Peoria & Eastern Northern Central $S8,C99 39.900 Western roads (treatmg ijot the bene° them collectively) ^ •'/ o ^ ^ Lonif Island 94,4::i5 Total (representing fit of a larger grain movement. 92,040 General trade, of Phil. & Reading RR.*. 2road8) $107,939 - These llKures are for the Railroad Co.; course, was of larger volume than in 1904, and the tonthe Coal & Iron Co. reports an Increase of $ltO,3;<!8. nage derived from the iron and steel industries was of These ttgares cover only lines directly operated east and west of Pittsburgh and Erie. Tlie gro8,s ou Eatjtern lines Increased $487,400 immensely greater proportions. I ' *^ ! . j t and ihB erods on Westerr iltif.n moreased .<fi27;^.9co. — . — 1 PKINOIPAL OHAHQEB IN NET Increaaes. BABNING8 IN APRII^. Increase*. 8t. L. Unlou Paclflo System. Kock IsUmd System.. Baltimore & OHIO Seaboard Air Line.... Mo. Kana. & Texas... 313.19^ -'88.53/ }j:]-^l^ 124,46(- 120,Soi Oanadlan Paolflo Sonthem Railway Louisville S.->.7.'58 Chicago Georgia & Nashville °'i-yj' '79.300 &8.8t.M. 72,796 68,300 64,b'9f) 60.644 60,32:< BuffaloKoch.A Pitts. & Ohio ^7,2.0 56,502 43,61« 43,092 Central of Georgia lUlnois Central N. Y. Ont.& Western. <Sc Mobile Jackp.* K.r N. Y. Cent, Alton RR Decreases. Pennsyl. RR. (2r'ds)t ^^orthem Paclflo... These In ^987 9,33^189 27,638 «,338,55i p. o.) this -way it will be seen the final increase reaches $9,358,551, or 7-35 per cent, the aggregate of the gross for April 1905 being $136,595,868, as against $127,237,- 317 for April 1904. arrived at in the A year ago our total for the month, same way, showed only $3,389,777 de- crease, or 2*67 per cent. irewis geograph- ABOUT bawks. bankers and trust CO'8, week aggregate 441 —The public sales ol bank shares, of whiah 99 shares were sold at the Stock Exchange and 342 shares at auction. The transactions in trust comstocks this of the character general ical location of the roads, the 127,237,31 6,4e6 236.135 526.791 91,495 1,5C8 Figures here are for the four wetk.^ en "lag \prll 23. IT llt>.S,-0 Ol6V.Clii.Ohlo.&St.L. 106,100 Northern Central 67.«S0 Phil. & Reading RR.*. 5'»,04(> Peoria & Eastern 32.60? Or. Xruuk Sys. (3 rds). Total (representuife „„,„^. $1,227,655 11 roads) tlie 136,595,866 Total (115 roads) Set inc. (7*35 832,58 236,160 64,i9 ' 57,503 302.340 230.228 Wabash to 3.573.99'- 801,07 Decrease, f3-lP,'?0r' Erie... arranged in groups according 4,100,7ai Toion. Ham.<feBufl. flgiu-ea When 6,319,977 287,6?:^ <fe 1133,243 6,6.'55,11 West... Toi. St. L. are for the Railroad Company; the Coal & Iron Cokpany reports a decrease of $131,507. lines directly operated east and west oi t These figures cover only $177,600 Pittsburgh and Erie. The net on Eastern lines decreased and the net on Western lines decreased 5(140,700. • M 39,7CP & Hud R T<?xa8& Paclflo 31.466 33,9»» 32,S3T Total (rexneEentlng $2,732,516 27 roads) S^-^X.; W. Jersey* Seashore. Ohio. Mil. & St. Paul.. Norlolk <fe Western.... Mobile $41,561 S6.30!^ ^9.'lii Atlantic Coast Line. . Yazoo * MlRS, Vailey. St. P. ) Hooking Vall«y H?'?'',:t Long Island Mtnn. & San B^ran... & E. IlUuois S Chlo. Increase. 1904. 1905. April. ^^'^lZ Central of New Jersey Louis Soutliwest... St. [Vol. LX.XX. THE CHRONICLE. 243-2 improvement established the present year is strikingly Every group records an increase in gross pany stocks reach a total of only 10 shares, and include 3 portrayed. this and every group also an increase in net with the single shares of stock of the Trust Co. of America at 770^, sale of The last stock. new the first public sale of the exception of the trunk-line group, which shows $894,988 being the old stock was made on May 10 at 577. In this last instance augdecrease, or 9-48 per cent. nrevinut tale. Fricz. Banks— iVew For*. Shares. 276i« May 1905— 27C% 25 Amer. Exchange Nat. Bank mented expenses have been quite a feature, and the June 19C5- 20:.% /.inri?< Baltimore & Ohio is practically the only road quence that has managed to enlarge its aUKMABT BT QHOOra. GBOTJP. April. Trunk Unea. (10 Anthr. Coal.. '5 & Mid.CH) Mid. West'n.ilS Northwestern i North Pac.di Sonthweetern c East. South.Pac.,15 Southern — ;'^5 t t 32,514,461' 33,639,64. Mexican Jan. 1 to Trunk (4' Apr. 9,43s,474 3.676,33 S,e57,4f -894,988 -j- 18,880 { . 948 0-5'. 4,000,OS7 3.697.7;; 9T6,U(V. 845,420 -|-1C0,640 15-45 6,843,661 6,i5e.64 l,450,iJ8- 1,318,76: -fl3l,47i 990 15,506,77P 14,181. 6('. 5,392,930 4,747 ,1V4 -|-646,BCt^ 1360 -1-1,010,75' 17-97 4693,1'lr 16-70 1 25,498,37 ^ 22,SS9,41 C,820,E0-. 5,':80,7j4 18,78i>,54 17,110,S41. 5,088,95i 4.se5,5o-/ 31,958,50b 30,192,4t- I 1,412,458 1,766,0) ^ 6-84 -H03,21- 11-82 4,518,91»- 1,076,67- l22,682,0Bi? 115,2S9,f!T( >7,??9H..l5i ^'5,3F3.57-. +Z.eii.8i' 10-30 11,140,87 -f-l,6l,';,fU J ll-7ti ?' llnea.;l: (& 22,194,69 SO, 179.1.- ia,789,4H & M;d.a4 14,3t:9.6S i:(,32r,5y y,874,"7 2,133,: 3' +241.03 11-29 26,949,91 6,B31.071 «,533,6^i- -1-97,44: 1-49 16,186,047 Anthr. Coal Bast. * P. $ 8,5)3,4" 8,525,7-1 4,418,16: Mid. West... (15) 27,596,7t5 North western i North Pac. 12) SoiithweBtem & Booth Pac.(lf> Southern ....i25 57,843,020 53.155.213 I8.941,8ti9 96,373,5!!: ; 3,352,62^ 24,258,144 73,977,'; !^4 71,4ij8.16t- iil,368,bOB Total (»6r'd») 425,017,29i Mexican d 1 7,332,71 f U 7 +2,755,83i 1703 —883,9i'8 2-74 21,200,18.- -i-ie8,67S 0-7rf 3 702,33- 114,S68,!302 lo7,5i0.2faL- 46,842,504 6-36 -i-580,848 11-C9 17,i76,54t 6.818,275 Oommero". National Bauk Hanover National Bank Inc. or JJee. 8,764,916 Total cS6r'ds 111,860,7^1 104,474,71( *14!:> 6,237,43^ of... 50 North America, Nat. Bank ol... 100 Oriental Bank 100 Union Exo.iango Bank 10 UnltPd National Bank Trdst (X>MPANlEft— A?^cm) Fork. 8 Title Guarantee & Trust Co 2 Trust Oo. of Amer. (new stock). net. 1904. li05. 19C4 1906. conse- Net Saminfs. Qrott Earning$. Sbotiok oh of Of this amount 99 shares 20.5-2C9'8 500 240 Feb. 190.5— 529 '^50 May 1905— 240 May 1905- 25Cia 201 aO Mar. 1905— e67-(j71 77v ^4 Apr. 1906- 255 90 June 1905— 665 Flret sale. -were sold at the Stock Exchange. —Baron Nathanitlde Rothschild, brother of the head of the Vienna branch of the Rothschild banbing hou-e, died on Tuesday after a lOBg illness. Baron Alphonse de Rothschild, the head of the Paris house, died, it uill be recalled, a few weeks ago. noted in these columns, the merger of the Gansevoort Batk by the Fourteenth Street Bank, cf which Mr. R. Ross Appleton is President, took place the past week, Tne enlarged institution has now a capital of 1500.000 and —As previouEly be deposits of over five million?. The GanssvoorJ; Bank is to with Bink, Street Fourteenth the of continued as a branch Assistant P. M. Sayford as Cashier and H. F. Meehan Cashier. - ElwardP. Satch, Preaident of Lord & Taylor, Broadway and 20th Street, was this week chosen a director of the Lincoln Trust Company, Madison Square, saeceeding the The election of Mr. Hatch prelate James I. Raymond. Lincoln serves the high character of the directorate of the appointed was B^iyles Trust Company. Mr. Gaorge Jam-^s Trust Officer. In the foregoing we have been dealing -with the roads -Messrs. Harir: y Fisk & Sons of this city will soon oomIn that iurnish returns of both gross and net earnings. house at -.Eence erecting an extension to their new banking companies of number a quite since Auaddition, ho-wever, there is 62 & 64 Cedar Strf et, which the firm has occupied which give out exhibits only of the gross. In the table gust 1904, by building on the adjaiiiag plot of ground at 58 is to be similar in dewhich lollows we start with the aggregate of the gross in & CO Cedar Street. This addition s'gu to the present structure. the above and add on these other roads, thus furnishing —The quarterly report of the Unian Eishsnge Bank, Fifth a total of the gross comprising every road in the country Avenue &80th Street, shows that deposits have risen from from which it has been possible to procure figures for the June 7th, surplus ji5,962,885 on Dec. 31 1904 to $5,954,581 The month under review. and profits likewise advancing frvom $517,913 to $577,079. ROAD8 REPORTING «UO«{T RUT NOT NET. bauk has a capital stock of $750,900 and total assets of ^8,Presidect; 2bl (!59. The officers are: Henry S. Herrman, Increase. Decrease. 1904. April. 1905. Vice-Presidents; Wile, Hrbert H. Vredand and David $ * Bejiort'd above (91David Nevius, Cashier, and George B. Connley, A3sist;int 111,860,721 roadfi) Ala.N.O. <feT.Pac.N.Ol•l.<fe No. East Alal). ii Vicksb... A'lcka. Hhrev. <feP 239,19. - lO.'i.ll;^ 1* 9,»9' 4,-36<^,79- 10i,474,716 7,33e.00 180,148 94,377 10«,313 4,038,-. 6' 331. SSi 100,11 10?,30j 99,63:- 2,681: 3,038,03- 2,647.90) 388,737 Montana Cwntral. 211,254 nUnole Houthem... Intern. &«t. Nortb Macon it BlnnlnKb 19,13. 225,671 25,3 «t: 4.')2,0.'",' 352,l('«i <fe North West. Chlc.at.P. M.,'zOin. Detroit bouthern... Great Northern-) St. P. <b M. M...^ Eastof Minn.. ) Mo.Pacirtc HyHteiri Central Branch. / ) 86.t,67 10,51V 7,76^ 3,274,88'.^ 3,135,457 Comthe past three months the Guardian Trust additions to its pany, 170 Broadway, has made considerable Vice Presidect, Robinson, L. Charles Mr. - DariEg 3,68;i 7 6.^1':: 3 Chic. Cashier. 59,04V 10,"4 bufiiness. 14.417 f,2S4 99,044 2,784 139,22f When Murch assumed active uiauagement of the metltal.io'% about wUh compares which mtb, i's d-pcslts wtre $2,966,470, undivi.'Ied period Within this thort |;5 297,935 on June 7th. to $56,550. The company's cap$t?5,619 from profits advanced resoutceaare new ital and surplus is $1,000,000 and total W. Woolworth,^ Frank includes: $i,a63,651. The t facial staff Juke THE CHRONICLE. 17, 1905.J President; George W. Fairchild and Charles L. Robinson, Vice-Preeidents; L. C. Haynes, Secretary; J. F. Chandler and Alfred M. Barrett, Assistant Secretaries. —A comparison of the last three quarterly statements of the Bank of Discount of this city reveals a gradual increase in the deposits of that institution. The amount on the 7th inst. reached $390,486, this contrasting with $273,141 on March 2 1905 and $199,297 on Deo. 8 1904. The sarplus fund is now $35,048 in D cember. July 1903 and has a capital of $38,584, against $36,712 in March and The bank began buriness in Joseph G. R^bin is President; James T. Wood, Vice- President, and William L. Brower, Cashier. $100,00[). —The People's Bank of Hackensack, N. J., organized two years ago, has received the approval of the Comptroller for its conversion to a national institution, the name becomicg the People's National Bank. In its changed form the bank will have a capital of —William -f 100,000. Jagels, of the H lU-Jagels-Bellis Coal Company, has b-en elected President of the new Weehawken Trust Company. The institution has a capital of $100,000 and surplus oE $25,000, and will open July 1 at Fourth Street and Bergecline Avenue, Union Hill, —Trie Connecticut Bankers' Association met In annual convention this week in Norwich. Addresses were delivered by Meigs H, Whaples, President of the Connecticut Trust & Safe Daposit Company of Hartford; Congressman John W. Weeks of Massachusetts; Abiram Chamberlain, President of the Home National Bank of Meriden and ex-Governor of Connecticut, and Mayor Charles F. Thayer of Norwich. Mr. Chamberlain has been elected President of the Association, and C. C. Barlow (Cashier of the Yale National Bank of New Hiven) has been made Treasurer. The Secretary is Charles E. Hoyt, Secretary and Treasurer of the South Norwalk Trust Company. — The directors of the United Stages Bink of Hartford, Conn,, on the 13th inst. elected William B. Davidson Cashier, to succeed the late Frederick G. Sexton. —At the regular meeting on Tuesday of the directors of the Rhode Island Hospital Trust Company of Piovidence, E 1 ward S. Clark, heretofore Secretary, was elected a VicePfcSident, William A. Gamwell was elected Secretary and John E. Williams and Henry L. Slader were chosen Assistant now as follows: Vice-Ptesidents, Samuel R. President, Herbert J. Wells Dcrrance and Edward S. Clark; Secretary, William A. Gamwell, and Assistant Secretaries, P-eston H. G.irdner, Cyrus Secretaries. The complete list of officers is ; Henry L. Slader. The organization of the Hyde Park National Bank of Hyde Park, Mass., was approved by the Comptroller on June 9, F. L. Childs, of Boston, Edwin T, McKnight, John E, Eiton, Henry L Jewett and Charles H. Hooke are interested m the project. The bank will have a capital of Lapham, E. J.^hn E. Williams and — $100,000. —The Massachusetts Bankers' Association, organized in March last, will hold its first convention on Tuesday and Wednesday of next week at Hotel Somerset, Boston. The organization already has a membership of 114 national banks, 41 savings banks and 26 trust companies. A steamboat excursion and a reception will form the social features Charles A. R aggies, Manager of the Boston of the program. Clearing House, is Secretary of the association. —The new Girard Avenue Title & Trust Company of Phila' delphia began business on Monday in its own buiJding at 1846 Ridge Avenue, which, it is understood, it will occupy only temporarily. George W. Roydhouse, formerly President of the Northwestern National Bank of Pbiled-lphia, is President of the new institution. As previously noted, the company has a capital of $200,030. —The opening of the Empire Title & Trust Company of Philadelphia has be^n delayed beyond the date set, owing to the fact that the alterations in its building are taking longer than anticipated. We are informed that the institution's authorized capital of $500,000 will be half paid in and that the par value of the shares is $50. It ia the intention to engage In a general trust company business in all its departments. The permanent offi:jers of the concern have not yet been elected. —A consolidation of the Farmers' Nation a' Bank and the Keystone Savings & Trust Company (the latter institution still 2433 in a formative state of organjz^^tion), both of Lebanon, Pa., Is being considered. If the project goes through—it has not as yet sufficiently developed to give it definite assurance— the frust company will be merged into the bank. The last named now has a capital of $100,000 and a surplus of $70,000; the new corporation will have a capital of $250,000 and a surplus of $125,000. If the change is made, the enlarged institution will be virtually under the same management now in charge of the Farmers' National. —A charter for the Dauphin Daposit Trast Company of Harrisburg, Pa, has been applied for by the management of the Djuphin D -posit Bank of that city. The new iDstitution will have a capital and surplus ot $350,000 each, and will begin business shortly after August 1, when the bank will be closed out entirely. reported that the Security Title & Trust Company of York, Pa., has obtained control of the sto3k of the Farm" ers' National Bank of York (capital $200,000). The latter, it —It is is stated, will be maintained as an ally of the trust company. —At the annual meeting of the Washington, D. C, Bankers' Association on the 5th inst., John Joy Edson, President of the Washington Loan & Trust Company, was elected President of the District A-^sociation, The discussion of plans for the entertainment of the American Bankers' Association, whose convention is to open in Washington on October 24, formed the topic of moment at the gathering. The retiring President of the organization, A. K. Parris, recommended that the annual meeting of the local association be changed from the first Monday in June to the first Monday in December, and that a special meeting be called on the first Monday in November to make the change in the constitution required for this purpose. „ —The charter of the Merchant's National Bank of Balti- more has jast been renewed for another period of twenty years. The institution's history dates back seventy years, it having been incorporated under the name of the Merchants' Bank in 1835. The following year it began active business, purchasing the assets of the Baltimore branch of the second United States Bank, which ceased to exist in 1838, the bill for the extension of its charter having been vetoed by President Andrew Jackson in July 1882. The Merchants' became a national institution in 1885. The original capital of the Merchants' Bank was $2,000,000, but was reduced to the present amount of $1,500,000 in 1843 by the purchase of $500," COO of its stock originally subscribed for by the State of Maryland, Since the bank started it has had but six executives. The presant incumbsnt, Douglas H. Taomaa, has served since 1886, and under his administration the institution has shown marked progress. The periodical auditing by public accountants of the accounts of the institution was inaugurated six years ago, and has since continued to be a feature in the bank's affairs. The latest statement. May 29, shows deposits of $12,430, 213,against $11,624,452 on March 14, while surplus and profits in the same time have rleen from $829,333 to $864, 408. William lagle Is Cashier of the bank and J. Cleveland Wand and J. C. Fenhagen are Assistant Cashiers. —The Farmers' & Merchants' National Bank of Baltimore has also re-extended Its corporate existence for a twentyyear-term. The bank was foupded in 1808, and entered the national system in 1885. The institution is one of those made homeless through the Baltimore fire of February 1904, and is now occupying temporary quarters until the completion of a new building on its former site at South and Lombard streets. Charles T. Crane, President of the bank, has been connected with it for over twenty years. The capital of the bank is $650,009, while its surplus and undiThe deposits are $3,040,017. vided profits are $349,083. William P. Harvey is Vice President, Carter G. Oaborn, Cashlsr, and J. E. Marshall, Assistant Cashier. —The stockholders of the Commercial & Farmers' National authorized on Bank of Baltimore Wednesday an increase of $200,C00 In the capital, making it $500,000. Further increase, stated by President Mason, is reserved for future developments. The new stock will be off -.Ted at $130 per 1100 it is share, and full payment is — Tiie stockholders of the require! by Jaly 10th, City Deposit B ;nking Company Columbus, Ohio, ratified on Monday the bank's conversion to the national system under the name of the City National Bank, The change will go into effect on Jaly 5, of " THE CHRONICLE 2434 —James heretofore Cashier of the Oaio Savings Bank & Trust Company of Toledo, Ohio, has been elected to succeed his father, David Robison Jr., as President of the institution, the latter tecomlng Chairman of the board. Gsorge A, Weber advances from the post of Assistant Cashier J. Robifion, [Vol. lxxx Senators and Membars of Congress to use every honorable effort to secure suoh repeal at the next session of Congress. —Since Dacem'er laat the Mississippi Valley Trust Company of S':. Louis ha3 added ovar 2}{ million dollars to its deposit account, reporting on May 29 a total of $19,444,326, against on Djcembar 31. The present aggregate reto the sources of compare with $25,373,759 five months $?7,885,975 assistant caehiership, ago. The company has a working capital of $8,421,649, of —The stockholders of the Northern Trust Company of Chiwhich $3.COO,030 is the paid i a capital, $3,500,000 the surplus cago, at a special meeting on May 29, voted to Increase the and $1.9)1,649 undivided profits. capital from |1,000,000 to $1,500,030. With the sale of the —The Merchants' & Planters' Bank of Greenville, Miss., shares at |200 each (the price at which they are cffered to s':ockholders of record May 31), a like addition of $500,000 capital $50,030, acslgned on the 9ih inst. J. T. Atterbury will be made to eurplus. The new certificates will be issued Vice-President of the Firsb National Bank of Greenville, wag on July 1, and payment is to be made between June 13 and chosen as assignee. June 30. The shareholders have the privilege of subscribing —The desire for bank "skyscrapers" is spreading all over for one share of new stock for every two now held. the country. Oar traveling representatives report an un—The Governing Committee of the Chicago Stock Exchange broken series of these sky-plerclng buildings In nearly every has reappointed W. B. Wrenn, Sacretary and Chairman. Southern city, their owners and ground floor occupants James J. Townsend has been appointed Vice-President and being principally banks and trust companies. In Memphis, Tenn., the two most conspicuous objects in the business porCharles B. Eggleston Vice-chairman. offica of Cashier, Eiward Kirscliaer succeeding to the —Practical suggestions for needed reforms In matters pertaining to the examination of State and savings banks, and the duties of directors, were offered in an address by State Auditor B. F. Carroll of Iowa, at the convention of the Iowa bankers, held at Das Moines on the 7th and 8th Inst. Resolu- the bankruptcy law were adopted by the association, but the report of the committee favoring the Insurance of deposits was laid on the table. D. tions advocating the repeal of H. McKee, Cashier of the Citizens' State Bank of Mediapolis, has been elected President of the association. J, M. Dinwiddle, Cashier of the Cadar Rapids Savings Bank of Cedar Rapids, has been re-elected Secretary. — W. 3. Martin Jr. has been elected Cashier of the Iowa Trust & Savings Bank of Das Moines, Iowa, to succead J. S. McQuiston, resigned. —Receiver Q. W. Swords is paying to the depositors of the First National Bank of Grinuell, Iowa, a dividend of 10 per cent. This, it is stated, Is the third dividend, and makes a total of 55 per cent paid since the bank suspended last July. The institution had a capital of |100,000 and an made on the stockholders. as- sessment of 100 per cent was —Frank G. Bigelow, the former President of the First National Bank of Milwaukee, pleaded guilty on Saturday last to an indictment of ten counts, charging him with embezzling the bank's funds, and was sentenced by U. S. District Judge J. V. Qiarles to ten years' Imprisonment at Fort Leavenworth, Kan. Sentence was begun at once, Henry Q. GoU, former'y Assistant Cashier of the bank, who was implicated with Mr. Bigelow In the defalcation, pleaded not guilty on Monday, the 12th Inst., to an Indictment of thirteen counts. Mr. GoU's ball was Increased to $20,000, and he was released upon furnishing the required amount. His trial is expected to come up next October. The bank on the 10th Inst, paid through the Milwaukee Clearing House $1,000,000 of the sum advanced to it at the time of the run, following the disclosure of the defalcation. A second payment amounting to $500,000 was made to the Clearing House on Tuesday, reducing the $2,000,000 which had been loaned the bank ($1,000,000 contributed by the Clearing House and an equal amount by the Chicago banks) to $500,000. It Is stated that although the stockholders have until August 2 to pay the tC% per cent assessment on the $1,500,000 capital, over $900,000 has already been contributed. $16,937,520 tion of the city are the mammoth new office buildings of two prominent trust companies—that of the pioneer Memphis Trust Company on Main Street and of the younger Tennessee Trust Company on Midlsoa Street. Both are at about the same stage of construction, and will be oosupied in September or Ojtober next. The building of the Memphis Trust Company has a frontage of 37 feet and a depth of 148 feet. Its exterior is a handsome composite of stone and brick, and the structure absolutely fire-proof. Its height is 15 stories above the sidewalk, with basement in which will be extensive safety deposit vaults, and a large sub basement The main banking floor will be tiled, prlsbeneath. matically lighted at the side, and finished and furnished In white marble, mahogany and bronze In the latest style of art metal construction. Oa the second floor will be located the trust department,tltle guarantee department, law library and consultation rooms. Few financial institutions anywhere can boast of a more perfect modern office building, with every necessity, convenlense and luxury for doing business. Tne Memphis Trust Company has recently added a bond and stock department, which Is under the management of Mr. L. K. Thompson. This department was successful on the 5th Inst, (as recorded by us last week) in bidding off the $1,000,030 Issue of Shelby County, Tenn., 4 per centcoujt" house bonds. The Tennessee Trust Company's new building has fifteen stories and basement, the lower three or four stories being of granite, with a beautifully sculptured facade, and the upper portion of pressed brick, Approximately a half million dollars will be invested by the company; already seveneighths of the offices In the new building have been leased for from three to five years. The banking rooms will be ready for occupancy early In September, It Is expected. The interior finishing of these offices will be In rich mahogany, imported marble and artistic bronza, John R. Pepper Is President of the Tennessee Trust Company, but Its most active official and Ganeral Manager is First Vlce-Pres. J. W. Keyes. — Thomas R. Preston, President of the Hamilton Trust & Savings Bank of Chattanooga, Tenn, and his associates, are back of a movement to establish in that city a new national banking Institution- the Hamilton National Bank. The proposed bank will have a capital of $250,030, and while the Individual shareholders of the Hamilton Trust & Savings Bank will represent a large interest In the Hamilton National' the Mr. latter will be maintained as a distinct corporation, —Owing to ill-health, F. A. Smith, Cashier of the SwedishAmerican National Bank of Minneapolis, Minn., has tendered T, R. Preston will be the President of the projected bank, to which he will devote practically his entire attention, hia resignation, to take effect July l. although continuing as President of the existing Institution. —The depositors of the defunct Capitol National Bank of C. M. Preston, Cashier of the Hamilton Trust, will also be Guthrie, Okla., are receiving a dividend of 15 per cent, the Cashier of the new bank. He will, however, give the most second thus far declared, and making a total return of 35 per Prepof his time to theHimllton Trust & Savings Bank. cent. The bank's suspension occurred on April 3 1904. J. A. arations are being made to open the contemplated bank Willoughby Is the receiver. about July 25 at Seventh and Market streets. The Comp—The following resolution, favoring the repeal of the prec- troller on June 7 sanctioned Its organization. ent bankruptcy law, was adopted by the Kansas Bankers' A special meeting of the stockholders of the Eaterprlse Association at its convention In Topeka on the 8th. 7th and Bank of Charleston, S. C, will be held on July 10 for the — 8th : Reaolved, That the Kansas Bankere' Assoolatlon views the present bankruptcy law as an Incentive to dlehoneety In business affairs and » reward to those who engage In unsafe and disreputable undertakings, and therefore tavors Us repeal; and. furthermore, requests our purpose of amending the charter so as to change the par value of the shares from $25 to $100 each. The Institution has a capital of $50,000, consisting of 2.000 shares; with the change in the par valua, the stock will consist of 600 shares. 2 . June THE 17. 1905.] chroxiclp:. — Secretary of the Treasurj Leslie M. Shaw addressed the Georgia and Florida bankero' assooiations on Friday, the 9th inst., at a joint session of the two organizations at Atlantic Beach, Fia. An address on "The Northern Binber Passing on Paper Offered by the Southern Banker," by Alfred J, McGrath, Vict-President of the National Shoe anc Leather Back of New York City, was also a feature of the program. The new President of the Georgia Associatloii is Joseph T, Or me, Cashier of the Lowry National Bank of Atlanta and Treasurer of the Atlanta Chamber of Commerce. IMPORTS AND EXPORTS FOR MAY. The Bureau Washington has Issued the country's foreign trade for May, and from it and from previous statements we have prepared the following interesting sum- National Bank of Jacksonville, has become President the Florida Bankers' Association. tic - Receiver W. oi maries. POBBION TBADB AIOVBHBIfT OF THB UlflTBD STATES. the following tables three olpheri (OOOi) are In alleaiei omitted.] -1904-05. 1903-04. Bxportt. Importi. Exeeii. Mxportt, Importi. Exctu (Ii . .nereh'dlse. t 311.743 463.850 July-Sept... Oot.-Deo.... Batler of the First National Bank of inst. began the payment of a fourth dividend to the creditors of the institution. The amount, 10 per cent, brings the aggregate of the four diatributioaa up to 95 per cent. 367 449 311,85-J 13^.676 133.^43 95,510 TotaU... J. Fort Sutter National Bank 1, 397,^57 1 4,591 April made effective The issuance of the new stock gives the bank a paid-up capital of $3,500,000 and a practically at once. "rest' of $3,800,000. —At a meeting on Monday Eugene O'Keefe was elected President of the Home Bank of Canada, head office Toronto. Particulars regarding the bank, which is to succeed the Home Savings Loan Company, Ltd., were given in these columns November 19 last. la addition to electing Mr. O'Keefe President, the shareholders at Monday's meeting also elected Thomas Flynn Vice-President. Lieut.-Col. James Mason was appointed Ganeral Manager. & —The dividend, making, so it is reported, 100 centg on the dollar, is being distributed among the depositors and creditors of the Elgin Loan Company of St. Thomas, Ont. final It is stated that enffioient assets are still held to enable the of a substantial dividend to the stockholders. The company's suspension in June 1903 was said to be in part due payment to the difficulties experienced at that time of Toronto. Company by A. E. Ames & 10,201 •3,810 17,666 33,637 1-34,793 4,38T 3-2,116 -7.464 -30,617 —17,728 Sl,<i99 +37,064 79,937 94,169 -14,382 +6.860 +4.596 +6,'77 —21 7.378 1 5.727 +768 +8.354 +1.617 +3.115 Total + Bxoeii -f30.046 3.318 3.427 3.902 6.410 6 516 3,560 3.767 + 1.600 3.026 3.883 5.098 6.6S0 7.378 6.821 3.216 1,983 44,104 33,164 +18.960 45,033 33,016 1 .r05 +9,180 ] + 6.208 — Bxoeii of Imports. of export!. We subjoin the totals for merchandise, gold and silver for the eleven months since July 1 for six years. MIBOHANDISI. E'evtn Hot. Exports Imports. QOLD. Excess Im Ex- of Exports ports. ports. """$~ 04-03 t 1.397,557 1,C27,768 0304 1,867,602 03-03 1,331,918 01-03 1,293,479 00-01 1,384.991 99-00 1,285.«31 * 909,930 943,719 830.206 734,768 788,940 I i 369:89 88,568 437672 79,938 381199 34,5^ ie3273 48,177 630223 47,810 496891 40,173 t SlLYIB. Excess of Ex- Exports ports. 1 Exeet* Im of ports. Ex- port*. t % 51.499 37,064 44.104 35,154 18,9£0 94,169 •14,232 15,062 35,0ie 30,016 43,214 •7,631 43,694 '23,113 30,581 47,935 242 16 482 J6.42f .iO.053 63,79(. *14,P50 59.7i6 34 45 33,234 671 31.524 30.357 31.167 40,814 Bxoess of Imports. Similar totals for the five months since January for six years make the following exhibit. 1 MXBOHANDIfB. Five Mos. Wxptrta. Imporr aOLD Bxeei of Bxpor I T is are being very generally paid at once, and already more than 60 per cent of the amount of the stock and the premium thereon have been paid, so that the increased capital will be -6,340 +33,064 88,363 1 April —A. shares were allotted to stockholders of record May 31 at the rate of one rew share for every six held, at a premium of 100 per cent on each share. While the stockholders have the option of paying for the stock in instalments of 10 per cent per month, we are offi3ially advised that the allotments 30.981 16,108 SllTor and Silver In Ore. May which has heretofore additional stock. The +9,189 +33.S97 The organization of the bank, which has a capital of $200,000, was approved in Dacember. —According to press dispatches an early consclidation of the Merchants' Bank of Canada (head office Montreal) and the Royal Bank of Canada (head office Halifax) is looked for. The Merchants' Bank has a paid-up capital of $6,000,000 and capital to |4,CCO,0OO-|3,CO3,00O of been paid in— has issued $500,0:0 of +3M,S68 80,698 10,290 10,472 13.592 —The Bank of Toronto, at Toronto, Canada, which, under a by law passed in January 1908, is authorized to increase its ,'.3,582 19.470 43,069 13,762 been Manager of the bank's Hamilton branch, where he replaced by J. E. Magee, 909,930 +437,67S -.*»-2.960+il7',774 —1,277 -3,176 Jan.-Moh.. B. Patterson has been appointed to succeed Daniel Miller (resigned) as manager of the Toronto branch of the Merchants' Bank of Canada. Mr. Patterson had previou3ly 1.367,602 +53,688 +33,085 +31.116 3.E81 3,657 Jttly-Sept.. 0(>t.-Oea... maintains about a hundred branches throughout Canada. The Royal Bank has a capital of $3,003,000 and a reserve of $3,802,743. Over fifty branches (principally in the Maritime Provinces) are operated by It, and it has besides agencies in Cuba. The consolidated bank will be the third largest in the Dominion. It is reported that Sir H. Montagu Allan, now President of the Merchants', will be the head of the new institution. E, L. Pease, General Manager of the Royal Bank, will hold a similar position with the new back. Mr. T. E. Merrett, the New York representative of the Merchants' Bank, it is said will, after the retirement of Mr. Thomas Fyshe, become the acting General Manager of the Merchants until the merger, after which he will be the Assistant General Manager. % 1,304 481 May has elected officers as follows: President, F. Ruhstaller; ViceOt. J. Bryte and E, A. Nioolaus, and Cashier, A. It % 346.r54 +43.670 336.696 +338.781 +181 .335 1,037,768+369.789 38,172 34,016 Jan.-Moh. Pressidents, a reserve fund of |3,203,000. 9-2,828 1 391,621 493.477 380.781 109,880 89,^87 Gold and Gold In Or*. Jnly-Sept. Oot.-Deo.. of Sacramento, Cal., L, Darrow. I +68.686 lan.-Moh... Total —The new % 343.057 •i8 4,515 A.prU May Macon, Ga., on the 6th of Statistics at the statement of L P. Hillyer, Vice-President and Cashier of the American National Bank of Macon, has again been elected Secretary ot the State Association, E. W. Lane, President of the Atlan- 2435 1903 1904 1903 1903 1901 619,P6i 300,196 119768 580,501 4i7,l80 153321 603,4291430 745 17168. 548 95'J 383.227 i«.->r2s 619,079 363.037 354C42 Ex- Im- ports. port' t t 35.800 SILYXB. Bxet. Bxpor Mx I i ports. Im- Bxetii ports. of Mxportt. t t $~ 21,840 30,337 13,848 7 495 60926 43,b77 34,04» 21,967 11,(23 10 931 18,82 11.20H 7.620 13.919 7,930 8,019 9.885 9.101 10.78* 9,878 10 418 8 860 34.14 13,61; 6 11.480 33.8f5 132J1 10684 iL900, «03,38ll3?8il7 334964 33,347 13,8t6 9.45! 35,182 13 949! 11, 883 * 1 4.46 J < 1 1 Bxoess of Imports. In these tables of totals, gold and silver in ore for all the years are given under the heads respectively of gold and silver. The following shows the merobandlse balance for each year back to 1876. XOBSS OT UBB0HAHDI8B IMFOBTB OB BXPOBTB. 11 montht ending May 3 1— 5 months ending May 31— 1876 1-876 1877 1878 1879 1880 1881 1882 1883 1884 1886 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 1903 1904 1905 ImportB.f 14,418,184 }%l^ Exports. 67.638,99* 1§7« EiportB.156,877,77iJ Export8.246,585,e24 Exporte.258,457,03« Export8.166,068.17: Export8.255,183,24^ Exports. 37,614,36' Export8.111,099,09''' Exports. 71,633,65-' Exports, 165,492,058 Exports. 42,393,3t'H Exports. 37,137,95 Imports. 9,709,071 Exports. 10,211,84s Exports. 90,811,86? Exports. 65,482,10'' Exports.210.003,917 Imports. 14,487,763 Expo^t8.237,908,51^ Exports. 82.262,414 Exports. 92,340,133 Exports 298,253,131 Export8.671,719,184 Exports. 495, 237.89.'5 Kxport8.496,)-91,308 1877 1878 1879 1880 1881 1882 1883 1884 1885 1886 1887 1888 1889 1890 1891 1892 1893 1894 1895 1896 1897 1898 1899 1900 1901 1902 Export8.680,223,220 Export8.462.273,024 Exporte.381, 199,373 1903. Export8.457.672,269 1904 Exports.369,788,661 1906 Imports.$ie,650,671 Experts. 37,959.296 BxportS. 42,622,098 Exports.144,625,925 Eiports.108,831,981 Exports 19,546,783 Exports. 93,470,496 Imports. 27,828,347 Exports. 56,523,630 Exports. 9,578,877 Exports 56,143,325 Imports. 2,674,044 Imports. 13.816,613 Imports. 48,281,764 ^..Imports. 17,713,636 Exports. 3.602,229 BxportS. 2,605,920 Exports. 64,563,643 Imports. 64,652,046 Exports. 60,402,775 Exports. 1,959,179 Exports. 64,414,309 Exports. 48,951,886 ExportB.261, 567,267 ExportS.ie9,936,836 Export8.224,964,601 Exports.264,041,916 Export*. 165,728,592 ExportB.171,684,831 BxportB.153,320.918 Exports. 1 19,7 67 ,666 : THE CHRONICLE. 2436 ptonctarijl (Co m m crcialguelisTi glcxus [From our own oorreepoadent.] London, Satnrday, Jane 3, 1905. The news of Admiral Togo's great victory lias somewhat improved the stock markets and has strengthened hopes. Bat there is yet not very mach inclination to engage in new risks, chit fl/ becansa of the ancertainty as to whether even that crashing defeat will indace the Rassian Governmen c to issia peace. Moreover, thare is fear of troables in R make which may Paris, it is true, is that there will ro': Tha beet opinion in be serious troubie in what may happen. the National Conven- affect the Paris Bourse. Paris no matter tion Is will be If called together everybody will conclude that p-ace made and great reforms introdnced, and that will give high hope throughout France. If even there is a r^ vo lution, those who are best acqnaiated with Paris believe that the French are so disappointed by the incompetence shown by the Czar and his Government that they would not V': ry much regret a change of system which might bring to the top a really competent man who would again give valu' to the Francc-Ruesian Alliance. Still there is a certain mrv jurness, and for some time until an opinion can be formed as the probable course of events in Rassia, there will be inclination to do much. to listle The disinclination is increasd by the weakness of the American market and by the general stagnation upon the France is, no doubt, the largest holder of Rassian securities. Bat Germany and HjUand also hold im mense amounts, and in a smaller degree Switzerland and Belgium are likewise largely interested. There is so muoh, [Vol. lxxx. reserve. Just at the end of the month there was the umal ontfl w to the interior. Bat the mon-3y will return shortly and more gold will go into the Bi&k of E )gland. The French batks, moreover, are preparing to employ money more largely in London it politics do not become unfavorable. L^at week, irdted, the French banks beg»n to prepare for iQcreaslEg the balances they had been employing in London. Tne Rassian disaster has deterred tbem from remitting money to London; but if the apprehension decreases, the best opinion in Paris is that a caneiderable addition will be made to the French balances employed here. The Icidia Council offered for tender on Wddaesday 3) lacs of drafts and the applioatlons amounted to 289>^ lacs at prices ranging from Is. 3 31 32d. to Is 4d. per rupee. Applicants for bills at Is 3 31 32d. and for telegraphic transfers at Is. 4d. per rupee were allotted about 10 per cent of the •'.mounts applied for. The following return shows the position of the Bank of Sngland, the Bank rate of discount, the price of consols, i*o., compared with the May 81 money invested in Russia that there is nervousness everywhere. A3 regards Garmany, moreover, t^ere are fears of an icsurrection in Poland. If such breaks out there will be much disinclination to intervene lest that should aggravate the internal situation, Onjthe other band, June a Ciroulatlon Public deoositi Other deposits aovernment securities Other securlUes 29,500.280 11608628 8,401,'.ill 41.ei3.628 £0 6-16 40.a41,4i2 ia,603.40« 27.238,039 22,689.8il 32.847,401 46 5-16 2^ 8 15,74P,6<J3 28,416,701 Prop, reserve to liabilities, p. c. Hauls rate percent. Consols. 2H per cent 2813-18d. 4, *• 89,623.156 8 8»<;,675 40,446,872 14.293,985 28.1dO,038 24,803701 86,660.856 50i^ 3 96 5-16 •i-iUlHi. 3^ 8i?6xd 24Ha. ZdJ^i. 247,2ii7,000 248,087,000 IB02. Jane 3. 29,30l.e65 7,425 683 41.376,091 14,799.505 27,508,544 24 824,719 36,361,404 49J« 90H xd SiHS SUver vClearlng-House returns 1903. June A 1 * 28,707,570 Reserve of notes and coin 26,8;«,126 Coin & bullion, both departm'ts 37,886,406 209,039,000 203.ii:0.000 The rates for money have been as follows: <9 London Bank SUU. ^ May • " •' 6 13 19 ae June 2 fntcr«si«4ie«»«6 09*n Market Rates. O Continent. then, of Continental last three years: 1»C5 190i. 2^ Month*. 2 5-16 2M®2 6-16 2 3-16 i 2k l-16@2« 8 1-18 t'ad»BUl*. Month* i, fordepcutiht Month*. SMo*. ti m m 2 6-16 2 3 16 8 1-ie® -1^ 8 1-16 4 8^®2« 2% 2yi®'iii 2Ma8« 2H Joini 0U'tS'». Stacy At 7-14 Mot. Banki 2M 1 2«®29i 2\i&2H 2hi&2H 1 2ii Davt m ik iH iH ik 1 1 m 1 1« rate of discount and open market rates at th^ Continental cities have been aa follows: The Bank :hief May Jvme 3 May 27. May 10 13. Germany would hardly sit still if the Poles seemed likely to win independence. Consequently, there is much nervousness in Germany likewise. In spite of all, howaver, there is a certain hope that peace will ba made soon and that somehow or other order will be maintained in Russia. Here in England there is undoubtedly a much better feeliEg than there was. The Russian fleet in the Pacific was looked upon as a eerious menace to the general peace, and it is now believed that at all events the localization of the war will not be disturbed. Furthermore, the hopeful feeling has been strengthened by the annoucement made on Thursday by Lord Lans^owne that the Anglo-Japanes9 Aliianoe will be renewed and probably will be strengthened and consolidated. Apart from politics altogether, a more hopeful feeling preThere has for a considerable time now been great activity of trade in Lancashire. In Yorkshire also there fs improvement, and generally the most careful observers are coming to the conclusion that there are indications eveiywhere that improvement has set in. I: has not made so vails. much progress yet that the public is convinced; but the best observers are satisfied that it has set in. There are, likewise, signs of reviving interest in the mining market. Q ilte recently, to be "sure, there has been heavy soiling of South African goM upon home and French account. good deal of this selliug is purely speculative. The rest of it is on account of operators who have grown tirei of holding shares which yield no dividend and have been depressed eo long. On the other hand the mining industry itself is improving steadily. A great deal of important work is being done which for the moment gives no evidence of its real importance. Moreover, the more careful people who have plenty of money to lay by, botti in England and on the Continent, are studying the situation, and are beginning to buy on a small scale. The purchases are purely tentative, for there is, as already said, much political uncer shares, both Ic is believed that a But if that political uncertainty is allayed there is reason to believe that the buying will attain considerable proportions. Money has been in good d mnnd this week, owing to the lortnlgbtly settlement on the Stock Exchange and the usu il rfqnirements at the end of the month. Oa Thursday, inaf:fcd, tliere was a good deal borrowed from the Bank of t-rigland. Still, rates are low, and everything points to a ontnuan ce of cheap money. The output of gold in South Africa le Increasing every month. For the time being there 18 no buyer of the gold reaching London but the Bank of EDgland. And the Bank, therefore, Is steadily increasing its tainty. lnUr$$t U»nk ftt Ov*n 09*T> Sat*. Markit Rat*. M»rki 3 8 lamburs 3 8 8 3 2k 2k 8 frankfort \miterdam 2k 2 2k siaiielt 8 rienna »M 2% viBdrld 8k 5k 4k Oopenhauer 4 'l&TlB. .......... 3«rlln. it.Peteribura,, Messrs. Jmne PIxley 8 8 Bank 09*n Ban's 09*n Sat*. Mark*. Bat*. Marktt 1% iH iU 2k 8 8 3 8k 2M iU 2H 3 2M nora «k 4k fk 3k 5k 4k i 4 4 4 noDP 8 2M. 3 8 8k 5k & S 8 2 7-16 3 8 5-16 Ik fk 8k 6k 4k 4 4 aon- Ik 2k 2» 2k 2« 2% 2H won. ^k 4 Abell write as follows under date of 1905: Gold—The large arrivals of this week have all been bought by the Bank, and, ao fa-, they have purchased £395,000 In bars. In acldltlon to the above. £8,000 has been received from Australia, and there have been no withdrawals. About £400,000 Is due to arrive next week. The arrival of £768.000 from the Cape constitutes a record In these shipments. Arrivals: South Africa, £768,000; Australia, £51,000; West Africa, £36,000; West Indies, £30,000; total, £8^5,000. Shipments: B, mb*y, £83,000; Calcutta. £10.000; total. £73,000. Silver—The Ettstera demand beini? satitfled anl "shorts" for the end of May having covered, the market here has had a sharp set back la splteof the fllilog of the French Mint order for 40,000 kilos. There has been some Eastern selling which his contribated to the weakness, and the prospects of an early termination to the war In the East has also been an adverse factor. Wa have fallen to 269i6d. for cash, whfle forward, which has bee a the better market of the two. la 2638d., and at the close the markst Is steady. Arrivals: J^ew York. £139,000; Australia, £5,000; West Indies, £5,000; total, £149,000. Shipments: Bombay, £ i56,100; Hong Kong,£2l,l93; Shangb*!, £10,000; Madras, £2.600; total, £189.798. Mexican Dollars— There is no business to report. The following shows the Imports of cereal produce Into ;he United Kingdom during the thirty-nine weeks of the 1, reason compared with previous seasons: IMPOBXa. 1904-6 1903-4 imp'ts of wheat, 0Wt.76,617,2C0 Barley 17,908,900 Oats 10,553,900 Peas 1,624,719 Beans 1,270,640 Indian corn 31.842,200 Plonr 8.749,720 67,308,869 26,453,968 11,667,263 1,810,940 1,766,698 3'o,681,415 16,087,055 1902-3. 59,867,482 21,239,176 11,115,712 1,522,407 1,258,273 29,819,208 14,545.607 1901S. 51,076,495 18.815,430 13,080,509 1,575,987 1,388,662 34,010,328 16,242,156 Supplies available for consumption (exclusive of stook on September 1) 1904-5. tVheat Imported, owt. 76,617,200 Imports of flour 8,749.720 Sales of home-grown.12.7 16,262 1903-4. 67,308,869 16,087.055 15,165,028 1901-2. 1SC8-S. 59,867,482 51,076,495 14,545,607 15,242,156 20,064,570 20,897,059 98,083,182 98.560,952 91,477,659 87,215,710 Total 3lB. 6d 27b. 8d. 266. 9d. Aver.prtcewheat,week.30s. lid. leverage price, season. SOs. 5d. 27b. 2d. The following shows the quantities cnaize afloat to the (Jnited Kingdom: Wheat .,..qre. Klonr, equal to qrs. Mal«e qrs. .„ Thiiweeli, Last week. 3,166,000 3,030,000 140,000 135,000 720,000 785,000 27s. 26s. 9d of wheat, flour bCl. and 4.115,000 185,000 1903. 1,914,000 301,000 466,000 555,000 1904 . June r " v British imports since Jan. 1 have been as follows: 1904. 1905. DijSltrenee. a, s, a. Per ot. iMPOKTs. 46,182,520 +3-5 47,766,460 January..... +1,633,940 —2-9 44.110,519 43,844,937 -1,265,582 February 48,692,275 +0-6 48,983,312 March +291,037 —4-2 45,181,763 —1,898,937 43,282,826 April —07 18i,071,500 Fourmonths... .182,815.935 —1,265,625 The exports since Jan. 1 have been as follows: 1904. 1905. A i Ki^ai i-H "-13 Per Oi. +3-8 +l,374,2.';o +5-7 +3,819,027 +15-7 +653,634 +28 £, +900,412 Ol *,S March April 1905. 1904. tL & Difference. 5,712,000 7,405,341 5,946,649 6,754,370 6,113,887 7,619,723 6,812,209 6,303,377 B f CO X3J<tf> X o « t- <oina> i-aj«j 1 .- ; --ot- l. 1 .S =5 ] -fli 8* a> '* -' w X to -e u ^o«>r» N rfoaes" to ^ ^ MQ. X a JO.-f-l o J» — <D » «<' •*o»co 3»-< 1 1 «.H« ooaj . ^COdOE} ^ Nt-'m" i 1 c- -t-40 « -- M -S" ®«0 oxt. » CBt>X -df .- 1 The "J" c::{£)(. 03 32 oo ojoTo) CO 1 8at. ounce Silver, per d. OonBOlB.,new, 2% p. ots. Hon. 2615i6 Anaconda Mining Atch. Top. 8e Santa Fe. Preferred & Ohio Preferred Canadian Paclflo Chesapeake & Ohio .... Ohio. Great Western... Chic. Den. & Bock & & Rio Qr.,oom.... O •A < £rle, common let preferred ad preferred o Central Louisville X & Nashville. Mexican Central Mo. Kan. & Tex., com.. o o is O Northern Securities Fenney Iv aula Ptaila. & Reading * 105 lllifl 112 99 13 991a 154ifl 153% 994 15r) 50% 514 194 19 rsia 179 28 1054 1114 o « ® Olrt aj matot r31 •* 0)005 51 194 28 41 Sg 41 7g 4138 o n 814 674 80% 674 Szi m H n I64ia 161.4 165 !50!Vi 1494 150 1494 65 35 145 ;.45 524 82% 82 95ia 954 1684 694 48% 40% 46% 45I3 64'8 32% 99ifl 127 9913 Preferred U. 8. Steel Corp., com.. Preferred 64 354 53 49 O 29 9TSa 19 534 61 35 .024 824 9,S4 1674 1674 £9 49 46% 454 634 99 1264 125% 994 284 994 284 99*M 98 9ti'^8 284 96% 19 19 39 894 391<D Debenture "B".--- 75 75 744 1 : ; 0- :n 190 reve a o : » OS T}1 F-i -.< —• -J .-. • o :o • • 4^ o. nn : • a m : 74,4 t)Ar nhare. O 0» -.v : • : • : : : . . O o o : : xo c-o: r^(N r--Cr.' ^ acc n o C-l xx> -w n 09 O « to o c ^^ •wo no: V- o 0« X" tco ^ Cv 03 r- t-v 0»»,-'«<(S r- c>< n ^ T) C- (M l* a. tf3 ei>i--n»iotc aoxt*.— iH iT ,-t n m-Hxct top*e«r"-a>o* OiXC- o a C8 Intornalreve a o Mitoellaneon «:> o B0KIPT8 CustomB IO xm •* X 03 ^ a»tD*<?« CO .MfpHootca r^ Men (3.03 to I. c»_c- o CO ^ a-oiaoc-a in 03 lO f t» t~ to X t^o.jc> o mo 03_ ,-( to ao3 a^ ao '•N f 03 C« e- CO eifo' 113 . 1 : . a : • - fe • • . cr u Kh b . cs 9 a * . O : • 431 03 O U e-oo S^rn x> 190 ISO a dlsbv . lOv «»Cr oe aa wo e SI am at.Bk.Rbdb Clvllandmlsi Total Civlland >. I. as ISBUKSKMBN ISBtrRSKMBN Interest Indians Indians War Navy •IS •.J o Receipts Receipt* 5c z a Note.— Total dlsbarsements nndcr "Olvll and PO m m War Navy o a: atoic CQ-* •«»£-•• t-o mis Si =a cp .« u 1 aci; va OitC ^o xa OJ 09 Vr^Cutflfl, — i~ ^ o 0-& >»0OX ~.^ : • i co(y.- xc - CO C» 1CS T1105X t-l» - : i rCO O .-< p-i 1 oa K3' fi» 03 :« t*. '*t-'l>^.-'o3 . : 190 BOEIPTS Customs Internal : • : 1 MIlcellftTiAnn 3 3 iJi< «3 Cm Oi >• CO V3 ^o o© »2 .... a _ « A 2S • lO 1 T(lTll^t-«0 acr ,-< "-I>t»W010 X^® CO rH X3 - "* 03 .- OiX a om X QO'»l> ! CD c; o t- -.f -^ t# 3lii Mlsoellaneotis" in 190i includes $54,600,000 paid on aooonnt of Panama Canal and loan to Lonislana Purohase Exposition Company. The last instalment of the loan to the Loaisiana Porohase Exposition Company was repaid to the Government on November 15. New — — Foreign Trade of York Monthly Statement. In addition to the other tables given in this department, made up from weekly returns, we give the following figures fcr the full months, also issued by our New York Custom House. The first statement covert the total imports and exports of merchandise and the Customs receipts for the eleven months of the last two seasons. 994 12508 Preferred • K3 c- e» crj e>J V3ax .-1 O-«i'(Si-r03',.<' ,H rH X .-o 1 XCQX3303® r-'sj c* c.— encra ! to • • 1 T»I 1444 82 694 494 46% 454 644 324 324 994 2C4 284 9'">4 4''4 6334 194 S84 Wabash 2*14 81 68 164 yo% 284 »--»' NO) J V a a c-oo aat^ « i * •«! * « PH NrH ... 811a 204 284 if looTio tK*X 1® w 1 1784 284 42 14 281a 6SI9 35i« l46 . o « etaocs 1 i w Oi tux 03X «> O > C- r- 03 -1 to T|l ! c«i f-l ^ 1^ -r lOOt-COIt- ft^.-int- Itn I>!M»0<. M® at QIXMI o 00 (N rH<X> r-l xas3»-w® 5»a CU « 3. ,1 O — CO 9J ~HwH in nfmm^i-i o I^OC^CX, JUO a KKStjxoaj 9 »os» — o .M X«.-— <MO t- CD <s f— O p" 03 .* tDOC-Xi>IC3 OS Oi-i'* KN 1 ' 1 93 wt^o « ^ 15438 Q €8 c-r-a 994 91 Pacific Price 904 29 91 Preferred • H'l6 284 904 29 Q l8t preferred* Fri. 90i« 69ifl 2d preferred* „ Southern Pacific Southern Railw., com.. Union 105 11131 21 Preferred Nat. RR. of Mex.,l8t pf N. Y. Cent. & Hudson.. N. Y. Ontario & West.. Norfolk & Western Preferred 271,8 9C9.B 901116 105 28ifl Preferred Illinois 26i5ia 61i« I914 1791a Bt. Paul... Paclflo. I. 26% Thurs, 9C13,6 SO's 909,8 99-71ia 99721* 99-374 x98'66 .-^4 638 5% 54 8388 844 SSH 8 % Fr'oh rentes (in Parla) f r. 99"67ifl Cliio. Mil. Wed. 90ihe 90% For account Baltimore Tue$. r.1 C« s> 3> i-« ,-1 "S. T)l liOMDOH. 1 ^ X .-XX " (t; 03 1 1 •" -w o C» 1' M. lO I- t; r- 3: CI. t:3 tf3 •w * J^WOSr..^ ft 1 O! X OU lOi- Oi^ «ll> l-x oca .VX ujx io 1 1 •SI o-** 30...X XXOJ MO05 X« X 1 -•OSt-i .-> « *:=* — 0} * 8' ^ ', of 9I»C0 , .-CO ,.. -.• ,-c to» — X«l> —M ,-1 03 03 CO w. aoi t" c; iM c* «* tD«3S — .* 3S O X X c- :. c- o r. t3 oi - m N .to ^ 3- 03 ^^ O ^ CS w O «^ JJ « ^ X oamcofflo ® O V -~ C* CO 03 •* ^ — -.* .- o CO 03 C* ^O^f>' to OS Oi 03 > X O 00 (SOBO - 03^ a r~.~i.-i •T^ M St ^ ®r.io X — mo r- CO-"-* i X CO !X CO O O r? c ?D •— '-^Tjia. 1 1 daily closing quotations lor securities, etc., at London are reported by cable as follows for the week ending June 16; <» uu in TK B? to to c- oT l1> O,.' 1 i ^J —. n m ^ o o ^^ .— ao3i oocti •<> om Cl c» y ^iot)' j;oi— ! o » O 3> o U3 C*S- 1 OJOSCQ '^ 3 -w rrt»lO-iinsB OCOlr^IM -. 1 1.^ I-* r.-> oo TJC-tO slight EnsllsM Flnancaal Jmark^etat— Per €ab£«. in» go -1 cto 1 oxo C»IK« X lO S2" * 1 o l- ceo OlO •^ 1 •« CO Jl 1 •.«• -w XC»03a»5l! •w ^1 ; r~t «rxc<3 OfX i 1 0310XtCO(S C-i ^ 1 1 1 .-. OS CO ici -* coxeo 1 ,-• .S — cex ( t> 0-. t:3.-ocoa,-< 0» ' « 01 * n X -< .- x 3s — i» 03 .» M — lO O coca J I-**.-* ^ CO X O 35 a Oi Krx"3s'.~''o orT x •vmiz-^ina o nt-l^Cn 3D C3 QCIS t- to CO UJ N CO in — t^N OQ w .- — a. (.H mltted.] 103 OSX-'OX'C OCMOJtjOS « o c*;* sT 1 ».« .-r^O C- oVo<f --^ (.M Tji ^x-« — . « O X®Xm t-oxo3ei-^ CO .— O lA — .H .— ^- <s (»s.a>i-i j » 25.81P.360 +1.031336 Four months.... 26.849,696 Note.—The aggregate figures are official. They indicate that adjustmeuts have been made in the monthly returns as issued. o m m X tnox A UJCr-. CO .* CO -V «3 yo -1 rH I- lO .- c:^ CiJ w »--» » ;^ "-J & Per Ot. +401,887 +7-1 +2'9 +214,382 +866,560 +14-7 -450,493 -8-7 oi 1 1*1 1 J (MfO v«>l-l »— iH ^ * o.«m lo 1 Four months. ...102,468,131 95,714,808 +6,753,333 +7 Tae re-exports of foreign and colonial produce since Jan. show the following contrast: Re-expoktb. January February : :2437 CO c- oBso-i _.-«i!0« —i 5 Difference. 34,083,365 23,894,813 24,251,793 23,484,834 24,989,777 25,269,063 28.070,823 24,138,468 April ' ' BBCBIPTS AND DISBUB3EMENT8 (000 The March : THE CHRONICLE. 17, 1905.] KXPOKTS. January February « Month, MBKOHANDISB MOVKMBNT AT NHW YOKK CCSIOMS RsCHIPTi AT NBW YOBK. Exports. Import*. 1004-06. 1903-04. 1904-05. 1903-04 1904-05. 1903-04, Jnly 1 naust.... 4?.676,639 50,266,186 35,656,730 87,816,937 12,931,148 15,629,889 52,798,439 47,672,045 39,&94,990 37,676,461 September l9,8i;9,9-0 16,109,614 15,393,122 57,931,310 44,586,536 48,803.417 42,155,250 October.. 47.295,127 49,934,976 15,016,971 16,r43,410 52,927,484 November. December. 57.90a,844 46,013,5*<3 45,354,607 43,684,2:n 57,993,880 60.787.01H 47.774,941 51,497,193 46,230,467 48.608,0ec 66,1S3,43 57.437,8e!- 33,180,016 47,4^0,240 45,350,68" 39,210,7;w 14,537.41..' 14,",0-},985 70,546.661 56.382,38 47,289.62" 43,£69.1U 15.781,79*^. 58,243.121 50,361.125 49.178,41 12,530.15- 55.263,731 47,3i;4,24. 42,3d3.66» 41.092,679 36.404,98- 14,913,203 13.108,253 12,696,300 12.109,942 Stock of Money in Country.—The following table shows the general stock of money in the country, as well as lauuary.. the holdings by the Treasury, and the amount in circulation February.. The statement for June 1, 1904, will be Marcli.. on the dates given. April found in the Chronicle of June 18, 1904, page 2422. May ,. 15,904,940 14,422,025 U.70l,716! 13,307,201 13,S 3^,399 13,816,092 15.848,9^6 14,708.8=4 r-Stochot Montti June 1.— r-liontvin Oirculation.- 1905. InthtCntied Statea. t Junel. 1905. 1904 t $ 50.919 0=i 4B2,9 1(1.999 P44 894 548 430.053,929 72,«o=,727 S Qoldcoln(lno.bul'ninTrea8.)l.S62.0e3,028 If'l.SKO.rsi 3rt.^5l,970 Gold certificates Standard silver dollars 668,676,559 Dnlted States notes Curr'cy cert.. Act June National bank notes l8il',"l~ &.fld7,8»7 Silver certlflcates Subsidiary silver Treasury notes of 1890 113.977.4H7 9.617,000 34B.b81,016 June Htldin Treasury. 13,50 83.;09 14,St6,8a3 '.n'Ja e 7«,rtl7,«44 4R(',4«/.103 101 473 4-9 9 6>J3i!9l 832,2S4,e93 Gold Movbmbnt at New TORK. j84,151,S2fl 94.579.099 1H,3:4,424 3 ^.yOl.SSO 13,96^,127 474,3:93:9 Month. For redemption of outstandlnKcertlflcates an exact equivalent In amonnt of the appropriate kinds of money is held in the Treasury, and is not Included In the account of money held as assets of the Government. t This statement of money held in ttie Treasury as assets of the Government does not include deposits of public money in national bank depositaries to the credit of the Treasurer of the United States, and amounting to 57. Government Revenue and Expenditures.— Through the courtesy of the Secretary of the Treasury, we are enabled tc place before our readers to-day the details of Government disbursements for the month of May. receipts and From previous returns vt^e obtain the figures for previous months, and in that manner complete the statement for the eleven months of the fiscal years 1904-05 and 1903 04. For atateme/it of May, 1904, see Chronicle June 18, 1904, page 1903-D4. t AQRUat 155,869 243,688 September.. 456,428 Sn\r. Ootolier November. December. 935,369 1,312,437 3,.?33,17f April 1.151,481 Total.. * 151,24 225,89 383,42 1.S84.045 Janaar7.. february. M.srch May Exports. Importn. 1901-05. 431.730,984 * 2422. The imports and exports of gold and silverf or the eleven months have been as follows: S, '72. 4?8 827,616 t319.e23.09' oa!,840,7t)!- 478,797,814 407,335,761 159,049.185 167,648,618 1, 2,869,344 583 284.673,867 2,584,670.71« ,5J9.2"9.917 Total Population of the United Stateo June 1, 1905, estimated at 63 143,i.'O0; oirou atlon per capita, $31 09. 160 48i,e20 Total... 314,19 610,95^ 267,60Si 10,163,66 — Bartlett, 1903-04 Imports. Exports. 1901-05. 1904-06. t 7,489.76- t 267,89« 422.34' 263,ie4 3,4:5.824 531,6>S 818,;:14 2,508.481 110,260 178,100 1.887,888 19.616.281 8,e61,E0t 8S6,16: 535.552 8.283.022 1,256,815 3.823,9^6 t S,.'!4S,185 1S.O'.18,907 812,464 294.089 19,034 279,847 825,706 174.926 14,647.136 e38.28r- 22tj,31 8.537.990 257,674 218,93J 2,292,0!' S- 2,'!63,05.' G53,04- l,l36,9r. 19.278,679 P-lt',38r 3,059.023 l,480,7t7 200,."!: 7.C8S,6 ll,6H,0lt> 4,019,11' 1.162,0h 2t;,3ii,>!2> Fraz^er 1901-05 SiLVBB— NBW YOBK & 115,7! f 76,138,051 2.163,077 2.469.664 3,138. 65 41,n78.6P7 508,22 2,416,719 74,8a0.31« 3,735,418 ^9,766,283 Carrington, the well known stock, bocd and grain honse of New York and Chicago, have moved from Ncp. 5 and 7 New St., opposite the Stock Exchange, to 1 .. — . : THE CHRONICLE. 2438 [Vol. lxxx. epacions and finelj-furnfshed ground-fl >or quarters at No. 25 Breadstafifrt Figures Brought from Pa^e 2470. -The Broad St. The new cffioes are imposing in their furnishings statements below are prepared by U3 from figures collected and arrangenaenf, and are equipped with every facility for by the New York Produce Exchange. The receipts at and hanextensive wire local bu-iness the of the tracsfiction dled by the concern. The firm is a coneolidaion of Bartlett, Western lake and river ports for the week ending Jane 10 W. T. and since Aug. 1, for each of the last three years have been: F^az'.ir & Cc. and Carringtoo & Patten of Chicago. Carrirgton is the senior resident partn r in New York, and F. Z ller. ^tetipU atrhis associates here are John P. Q.ier and Flour. Wheat. Corn. Oats. Barley. Bye. The resident Chicago members are W. H. Bartlett, F. P. BbU.imibs Bush. 60 V.s Bush.mibsBushZ2lbs Bush.i8lbsBu.b6lb8. Frazier, Q. W. Patten, J. A. Patten, H. F. Patten and C. B. Chloago 109,688 30,000 1.644,100 3-3,418 1,695,374 15,000 Pierce. The firm is represented on the New Yjrk Sfock Ex- uuwaokee 87,100 68 960 38,000 168.80( 172.900 10,400 change, Chicago Stock Ex;^^hange and the Chicago Board of Oalnth 86,600 29.776 25.599 5,381 137 have the largest connection said to direct wire is Trade, and MinneapoUi 1,183,300 62.580 460.100 76,770 8,460 new bond depart- Toledo of any house in the Uulted States. 191,000 8,000 280 80 400 ment has been created by it under Mr. J. P. Rj^an's manage- Detroit 4.o:o 39,000; 35,00( 3,'>50 ment, and in the future, besides its stock and grain business. Oleyeland .. 170,593 1.083 219,515 « se- 8t. Louli 93,4C3 630.880, 37,616 It will deal largely in investment bonds and high-grade 328.050 3.030 Peoria 4,800 188,000 10,400 a-iO.8 2,100 curities of all kinds. 8.U0 Wm A • • • . . ' Santas I»IT1»JBNI>S NtmM Ptr ''em vf Company. Tot. wk. 1906 WXen BooTct Cfloied. Payobit (Day* Inelvmvt.) 286,686 24^.669 317.566 name wk. '04 ^amewk.'OS 904-5 Chlo. B. A I. J'ly ). Fltchburg. pref. (qnar.) Indiana ills. <& Iowa Lake Erie & Western, prel Lake Shored Mich Sonthern MahonlEg Coal BR., com Maine Central (qnar.) Michigan Central Philadelphia Erie, (ft & do 4 J'ly J'ly 6 Aug 2h J'ly J'ly 4 J'ne 2 com St. Louis, com pref Southwestern of Street Railways. Boston & Worcester Electric, pref J'ly J'ly 1 , , . , Banks. Jefferson 2>a J'ly J'ly 5 4 J'ly J'ly J'ly 6 J'ly 6 Mechanics' National Mercantile National State West Side Torkville Tmst Companies. Colonial Franklin, Brooklyn (qnar.) (No. 60)... Guaranty (guar.) Knickerbocker do S 3 b Long Island Loan <& Tr.. B'klyn J'ly J'ly 2's J'ly (qu.) Metropolitan (No. 34) Eeal Estate Williamsburg, Bro' klyn (qoar.) RilBcellaneouB. J'ne , 6 a 3 J'ne 26 1 1 J'ne 22 1 1 J'ly 4 J'ne 19 to Holders of reo. J'ne 20 to J'ne 10 to J'ne 16 to 1 2 J'ly J'ne 30 J'ly J'ly to 2 2 Holders of rec. J'ne 20 J'ne 30 J'ne 24 to J'ne 30 J'ne 30 Holders of rec. J'ne 30 J'ly 10 10 (extra) J'ly J'ly 1 3 J'ne 21 3 J'ne 21 to to 1 Holders of rec. 30 J'ne 24 to 1 J'ne 20 to 1 Holders of rec. 4 J'ly J'ly 4 J'ne 17 J'ne 30 J'ne 30 J'ne 17 Weber and Pianola, pf., (qu.) 1»4 J'ne American Bank Note (qnar.) J'ne $1 American Can. pref. (qnar.) J'ly American Caramel, pref. (qnar.) 2 J'ly American Iron & Steel Htt;..com.(qu.) 2 J'ly Aeolian, do do piet(qu.) American Screw (quar.) American Type Founders, com. do Celluloid do do Co (qu.). pref. (qu.).. (qnar.) Central Coal <b Coke, com.(qu.) (No. 19) do do pref (qu.) (No.48) Empire Steel & Iron, pref Mackay Companies, com do do pref. (qnar ) Kergentbaler inotype (quar.) National Sugar Bel'g, pref. (quar.) N. Y. Air Brakb (quar.) ' Otis Elevator, pref. (qnar.) P. Lorlllard, pref 'quar.) Bhode Island Perk. Hor8eehoe,pf.(qn.) Securities Co 81(HH-8h»-ffield Steel & Iron, pf. (qu ).. Standard Gat L , N. Y., com. and pref. Tornngton Co pref Union Bag & Paper, pref. (qu ) (No.25) Union Switch & Signal, com. (quar.).. , „<lo do pref. (quar.).. United Fruit (quar ) (No. 2i) United Gas Impt. (quar.) Va -Carolina Chem., pf. (qu.) (No. "39) West. Union Teleg Co (qu.) (No .147) " Transfer books not cl' sed. 3.581,038 6,388,1£9 8,751.788 2,0:0,451 3,170,036 8,027,790 .- 646,679 505,369 600,693 38.827 64,430 83,498 62,237,632 6,388.683 63.001.498 7,344,758 63.890,965 9,6-i0.608 Total receipts of flour and grain at the seaboard ports for the week ended June 10, 1905, follow: VPTuat, bush. 103,400 Flour, at— Reeeipti New York. bbls. 90.546 20,«73 . Boston , Philadelphia. Baltimore New Montreal Total week.. Week 4.86<l 27,268 8,600 8.593 9.934 l.e08 Orleans*.. Oats, bush. B1439 658 663 888.180 1.360,173 Rye Barley, bush. 136,6 jU buth. 965.900 8i.7^5 100,309 23.118 71.600 268.142 6,360 '"2,406 1.609.377 689.338 146.672 18,064 I i62,e4o' 192 603 242.850 1904 Corn, bush. 317.150 137.568 12,62 36,883 £6.798 63.500 157.500 6.750 37,228 1H,178 36.490 3i.lf'3 ....^,, Richmond 485,037 4.576 17.673 4 576 8.616 J'ne 21 to J'ne 30 J'ne 16 to J'ne 30 J'ne 21 to J'ly 1 Holders of rec. J'ne 20 Holders of rec. J'ne 24* l! Holders of rtc J'ne 24* IVi J'ly to IVi J'ne ?0 J'ne 21 J'neaO J'ly Holders of reo. J'ly 10 1 1»4 J'ly l»a J'ly IVi J'ly J'ly \h J'ly 1 J'ly J'ly 1 avj J'ne J'ly J'ly 2 l'^ J'ly J'ly 3 1>« J'ly 2H. J'ly l»<i J'ly 3 J'ne 3\ J'ly \\ J'ly 2 J'ly 2'« J'ly I'* J'ly 2 J'ly J'ly a i>« J'ly Holders of reo. J'ly 1 Holders of rec. J'ne 16 J'ly J'ly J'ne J'ne J'ne J'ne 3 J'ne 1 1 2 36 26 18 22 18 J'ly 1 15 Holders li J'ne 18 16|Hulders 16 J'ly 1 to to to to to to to to of rec. to of reo to to to of reo to J'ly J'ly J'ly J'ly J'ly J'ly J'ly J'ly 16 15 2 12 12 9 Reoelpts do not Include grain pastlnK throagh rongh blUs of ladins. * Total receipts at ports follows for four years: WHeat rn OHtB Barley Rye Total grain & Son 1904. 7,857,t:48 bush. 9.&8'^,^6ft bush. 6rt,2.'i8.376 bush. 20,28rt,6S6 bush. 3,''53,765 bush. 192,342 19,772,010 bush. 88,969,988 Jane 10 compare as 1903. 9,396,537 1902. 9,073,306 579 035 47.479.772 9,532,466 19,717,778 2!5.299,396 43,91-0 57,*'22 18,49^,683 l,7i0,463 605,268 2«,113,1.0 2,' 61,348 i,697,l08 88,785.75; 130,464,lb0 1.483,l'-4 1,408,596 79,611.795 The exports from the ending Jane Wheat, Exports from— bush. New York 80.595 74,9 lO Boston I'hlladelpbla — The July 1, '04. Oats, bush. 89,3C0 8.313 19.421 'eo.cbo 107,588 34,?85 86,722 404,741 6,750 456,902 1.042 630 873,678 181.605 134.047 118.540 j9,3a»S 361,867 Mobile Total week.. flour. bbls. 43,31.2 28 29.718 8 387 88,810 1,608 New Orleans.. Same time Corn, bush. 383 . Baltimore Montreal.. several seaboard ports for the week are shown in the annexed statement: 10, 1905, Rye, bush. Barley, bush. 123,817 Peas. 379,1«4 5.250 96,325 8,e4d 534,71? 824,172 6,850 I8.8f2 18,305 week and since -Flour. 9r0 132,934 Wheat. , , biuh. 4,886 50 948 destination of these exports for the 1904, is as below: Corn. , , Week Since July Week Since July Week Since July Exports for 1, 1004. June 10 June 10 1. 1904. week ana since June 10. 1. 1904. ^bl8. bbls. bush. lyush. bush. bush. July 1 to— 3tJ5,446 11,629.897 648,603 35,458 0!! Onlted Kingdom. 88.ia7 8,9< 8,546 81,riV6 3430.)7 48,854,916 1,095.186 Continent ... 71,406 1,837,801 3,3t)0 6«7.817 729.171 17,e05 17.8-'l 3. & C. America. West Indies Br. 81,809 N.Am, Colo's 8,707 other countries. Total TottU lbOJ-04..... 21,548 1,018,166 110,486 322.0(4 134,047 6.172519 118,540 14,090,762 33.485 466,902 873.6.2 13,02 i.678 59,31^,543 1.831 636 164,965 90.780 53,414 1,013,630 18i,6(:5 80,351.626 55,031,026 The visible supply of grain, comprising the stocks in granary at the principal points of accumulation at lake and seaboard ports, June 10, 1905, was as follows In store at— New York Do Boston Philadelphia Baltimore New Orleans Qalveston Montreal Toronto 100 Union Exchange B4nk..201 lOJ Title IiiS. Ou. of N. Y.... 19018 50 Nat. Bank of Commerce. i09''8 2TrastCo. of America. ..77014 waukee, wis. (asBfBb't 1 Weltbaoh Co 20 of6fc23i>. c. unpaid). ..100 Bond$. 20 Ohio & Ind. Cons. Natu. $217 41 Mtitropoiitan Water A I liim G .H Co $15 lot Co. of W Va (Kansas City) 7II,.nover Nut Bank 600 1st 4 p. o. bond horlp 40 €0 Anier. BrasH Co. of Wa$3,000 Pitts. Shaw. & Northteibury. Conn. H2i« ern KB 48, 196/ 60ii 60 United Wine & Ti ad. Co. 62 *8.000 Nor.Car.boLds (West. 2.5 Anrifcr. Ex( h. Nat. BaT)k.275»« N. C. RR.). due Oct.. 18H8. 2\ 1 Bond <k Mort. Ooar. C> 400 $2,000 N»r Car. bond8(Wt Bt. 10 N. Y. Nat. Exch. Bank..205i2 N. C. RR), due 1897 50»« By Messrs. Richard V Harnett Co.: & 941^ 180.000 Oats, bush. 847.000 77,000 59.000 147.000 biuh. 65,000 18,000 10.000 104,0<)0 ' Barley bush'. 110,000 60,0UU 9.006 33.000 68,000 98,01.0 18,00 J 40.000 884,000 4^l'6,00d 146,000 «e-5,00J 3.000 isidfioo .... afloat Do 166,000 8,000 1,000 7.000 1,003,000 786,000 1,078,000 92.000 2:5,000 9.000 1S6,000 2,000 111.000 afloat Chicago Do afloat Milwaukee Do afloat Fort William Port Arthur Duluth. Do 8,780,000 868,000 l,668,bo6 i2-",od6 iss.boo 7,11^,000 1,617,000 IH.OOO 40.00 1,1195.000 3114.000 24,000 4,000 184.000 18.000 431.000 44,000 243,000 27,000 8,(366 '"ifioo 5S,000 58,000 47,000 147,000 488,000 186,000 1,662,000 9,000 837,'i00 9,'6d6 71.000 113,000 1905.18,166,000 1906 2O,0<8,0.0 8,"<78,000 7,338,000 7,744,000 876,000 H2y,0 '1 SdH.OOO 670,000 664,000 l,837,00u afloat Minneapolis 8t. liouls Do afloat Kansas City I'coria Z,0(iu ludluiiapolls Mississippi Uiv. On Oil Lakes On canal und river Total Total Total Total Total bush. 107.000 79,000 Detroit 25 Realty Aa8oolate8.152i4-ina''g 8 Title Guar. & Tr. Co.667-671 Corn bxish. 41,000 876,000 17,000 8b4,000 afloat Do : Wheat, 329,00J 32,000 137,000 84,000 76,000 afloat Toledo Slocks. $60,000 Gratd Ruplds Edison Oo.'ut'is, lbl6 1 to 1905. bbls. Cl from Jan. 4,518.159 Receipts of- Flour Buffalo Slcckt. Jrleani for foreign 4 17 J'ne 30 J'ne 30 J'ne 38 J'ly 16 1 J'ne 21 J'ly 2 J'ne 30 30, J'ne 21 1 Holders J'ne 19 15 J'ly 1 J'ly 16 10 J'ly 1 to J'ly 10 10 J'ly 1 to J'ly 10 16 Holders of reo. J'ne 30 16 Holdera of rec. J'ne 30 IB J'ne 30 to J'ly 19 15 J'ne 21 to J'ne 30 Amctiun Hales- My Messrs. Adrian H. Muller New oori0 onth Do lOOOrUntal Rank 250 to Wikt. Bank of No. Amer.240 10 First Nitt Bank of Red Batk. N. J 340 10 United Nat Bank 90 300 First Nat. B^nk of Mil- 8.444,163, • Holders of rec. J'ne 2i Capital Traction, Wash D. C. (qu.)... J'ne 30 J'ne 16 to J'ly 1 J'ne 15 Lynchburg (Va ) Tr. <fe Ight I Manchester (N. H.)Tr.,Lt. &P.(qnar.! IH J'ly 15 Holders of reo. J'ly 1 1 Beading Traction Holders of reo. J'ne 17 750 J'ly Boanoke (Va ) By. * Eleo J'ne 15 2 1 Holders of rec. j'ne 19 St. Joseph (Mo.) Ry., ' t.,H.<S>P.,pf.(qu.) lU J'ly Tw.nCity B. T Mlnneap pref (qu ) 1»4 J'ly 1 J'nelS to J'ly 2 2^5 J'ly 20 Holders of reo. J'ly United Traction, Pittsburgh, pref 6 2 1902-3 J'ne If. Holders of rec J'ne 30 J'ne 80 Holders of reo. J'ne 13 J'ne 3 Holders of rec. J'ne 22 l>s Aug 15 Holders of ree. Aug 5 J'ly 1^ Holders of rec J'ly 6 2 to J'ly 6 an J'ly 5 J'ne 16 4 1,611,289 l,828,4f0 17,882.04^ 204 380,476162,459 482144,186.757 I8,f89,0t7 830.431.694143,240,356167,439.601 , MobUe l-* J'ly 2 3 do Georgia do Aug I 2 Washington Pitts. Oln. Chic. 2 l»« J'ly Minneapolis & St. Lonls, pref Mobile i& Ohio N. Y. Central & Hudson Elver (qu ).. N. y. N. Haven & Hartlord (qnar.).. Northern Central & Holders of reo. J'ne 16 Holders of reo. J'ne 1 Holders of rec. J'nelS Holders of reo. jtfaySl Holders of reo. J'ly 21 Holders of reo. J'ne 30 Holders of reo. J'ne 30 Holders of rec. J'ly 21 Holders of reo. J'ne 16* Holders of reo. J'ne 30 J'ly 1 to J'ly 16 $1 63 J'ne 1»« J'ly J'ne 2 J'ly Pacttlo^y. (special) Concord <& Montreal, all claases (qu Del. Blver BR & Bridge Phila. Bait. to J'ne 20 Holders of reo. J'ne 13 J'ne 27 to J'ly 2 Aug 6 157,80( 14.S95.f85 191,333.383 164,171,423 145.369,35- 1903^ J'ne 16 J'ne I 878.000 line* Avtt. 1 Railroads (Steam). Ashland Coal & Iron (g^aar.) Bald Eagle Valley Chic. Burl. & Qalnoy RR. (qnar.) 251,000 City. June Juue Juno Juue June 10. 3, . 11, K04 i8,476,o00 l:<, 1V08 80,Oj4,000 14. 1902. «3,6:o,000 4,658,000 668,000 4.fl58,000 5,37-<.000 4,8dO,000 4,719.000 4.067.000 2,444,000 1,007,000 1,227,000 1,618,000 682,000 34'J,000 — .. June a s ; THE CHRONICLE. 17, 1905.] — New York City Clearing Hoase Banks. Statement of condition for the week ending June 10, 1905, based on aver- age of daily results. We omit BANKS. two ciphers (00) in all Surplus. Capital. Loans. New York City, Boston and Phil: deiphia Banks.— Below of the weekly returns of the Clearing House Banks of New York City, Boston and Philadelphia. The New York figures do not include results for non-member banks. is a summary eases. Specie. 2439 We omit two Legals. t Deposit!. Re. OOs omitted. Capital & BAKKS Surplus. Loans. ciphers (00) in all these dgures. Specie. Legals. N. Y. America Phenlx City Chemical .. March. Ex . Gallatin.... Bnt. & Drov Mech.&Tra. Greenwich Amer.Exch. Commerce.. Mercantile Pacific Chatham... People's ... N. America Hanover ... Irving Citizens' Kassan .. .... Mar.<fe Fnlt. Shoe&Lthr. Com Exch Oriental ... Imp. & Trart . Par\ East River Fonrth .... Second .... First N.Y.Nt.Ex. Bowery ... N. Y. Co... German Am Chase Fifth Ave.. German Ex. Germanla .. Lincoln Garfield.... Fifth Bk. ofMet.. West Side.. Seaboard .. IstN.Bklyu Liberty N.Y.Pr.Ex New Amst. Astor Total ... $ $ 2,000,0 2,050,0 2,000,0 3,000,0 1,500,0 1,000,0 25,000,0 300,0 600,0 1,000,0 300,0 700.0 500,0 5,000,0 25,000,0 3,000,0 422,7 450,0 200,0 2,000,0 3,000,0 1.000,0 2,550,0 500,0 1,000,0 1,000,0 2,000,0 750,0 1,500,0 3,000,0 260,0 3,000,0 300,0 10,000,0 1,000,0 250,0 200,0 750,0 1.000.0 100,0 200,0 200,0 300,0 1,000,0 250,0 1,000,0 200,0 500,0 300.0 1,000,0 1,000,0 500,0 350,0 2,604,3 2,491,7 l,435,r. 3,468,4 3,563,0 218,8 17,480,7 7,l..H8,7 $ $ 18,247,0 26,873,0 14,304,8 22,362,0 21,975,2 5,122,0 184,117,8 24,299,0 6,170,1 8,639,9 2,098,6 4,990,0 365,8 2,234,4 119,9 357,6 4,i'9'.i,6 547,4 4.260,9 28,608.8 12.113,0 154,103,3 4,371,9 21,486.7 3,510,5 618,7 6,266,8 1,045,5 422.5 2,217,8 2.021,8 14,800,0 6,961.5 47,899.1 7,046,0 1,088,5 634,4 14,449,2 317,:i 3,329,6 6,928,8 1,385,8 6,946,7 429,1 3,276,0 30,569,0 8,532,9 1.077,3 6,718.9 23,883,0 7,324,7 69,745,0 109,0 1,222,6 3,015,9 2 1,85 2. 9,743,0 1,519,4 15,914,3 97,358,3 8,91)8,3 883,1 768,0 3,327,0 7'J9,5 4,799,6 532,.' 3,924,4 4.399,5 44.700.0 9,945,0 1.784,7 2,87«,8 705,6 2,731,5 873,0 13,170,1 1,42S6 7,619,5 1,287,7 418,5 2,732,7 9,968,5 1,485,6 646.4 4.175,0 1,471,9 14,536,0 625,3 4,230,0 2,038,0 11,584,0 6,466,9 497,6 6,27h.7 580,9 594.6 4,546,0 -.i 3,173,0 5,772,0 3,284,1 3,394,0 4,0:<6,8 1,070,0 36,802,1 4,152.9 950,1 1,086,7 651,6 942,0 630,0 3,197,4 21,019,1 3,558,8 iSl.K 647,5 451,1 1,043,5 10,252,2 1,160,9 3,795,b 378,3 947.6 2,096,0 5,836,0 2,227,4 3,808,0 18,211.0 231,2 4,319,1 618,0 22,249,4 1,728,0 512,0 937.0 605.2 11,590,5 2,429,2 215,0 463,6 742,9 1,711,::: 562,7 1,873,2 824,0 2,833,0 627.0 2.455.6 1,145,6 1,020,5 935,0 $ 17,608,0 31,410,0 18,200,9 23,187,0 23,754,7 4.998,0 180,809,9 22,742.3 P.O. 27-5 25-7 26-9 1,682,0 2,301.0 1,615.3 25-5 2.529.0 26-1 2.177.4 26-8 274,0 25-6 9,559,5 26-0 1,767.9 628.9 6.667,2 23 6 587,4 6,571,1 250 69.2 2,867,1 251 590.0 5,854,0 26-1 378,1 4,470,6 22-5 1,924.8 21,632,1 23-6 13,8S0,4 139,293,1 25-0 1,391.7 1 8,333, 27 '0 439,2 3,911,5 18-6 967,0 6,383,3 25-4 308,2 2,774,6 27-3 2,116,2 13,016,3 24-2 5,014,6 57,199,1 26-6 403,2 6.517,0 24-0 1,553,1 18,616,5 28W 4i/7,4 3,868,5 20-3 6,'i60,-. 23-4 614,6 471,7 9,595,1 26-7 3,806,0 37,762,0 25-5 456.7 9.477,'J 28-3 1,411,0 20,996,0 24-8 5,556.0 82,860,0 28-6 201,4 1.507,1 28-V 2,339,4 25,434,4 29-8 2.083,0 10,431,0 25-8 2,425,8 91,497,0 269 495,8 8,673. 2o-t. 391,0 3,910,0 230 468,0 5,822,5 24-1 199,0 ;^,762,l 21-3 1,800,9 52,584,2 25-4 415,7 10,993,5 25-8 705,9 3,937,4 23-3 695,5 5,590,4 20-7 2,613.7 14.191. 23'6 307,4 7.853,0 25-7 138,0 2,841,7 24b 823,8 11,719.5 23-0 350.U 4,668,0 2o-l 1.647.0 17,247,0 2o-y 783,0 4,623,0 30-4 250.0 10,254,3 26-3 462,8 6,301,6 2b -o 583,4 7,43«,6 21-5 281,0 4,579,0 26-5 -' •-' 115,972,7 138,953,6 10895209 205,492,7 85.293.0 11238328 25 8 t t CiTCIL- lation Total United States deposits included, ^12.731,700. — Reports of Non-Member Banks. The following is the statement of condition of the non-member banks for the week ending June 10, 1905, based on average of daily results. We omit two ciphers ''00) in all cases. $ 253,629.2 11204268 215,174,2 253,629,2 11110034 214,622,8 J'ne 3 253,<;29,2 11012831 204,546,5 J'nelO 254,926,3 10895209 205,492,7 May20 May27 $ 84,333,7 11651517 45.308,3 85,625,3 11551292 45,835,7 85,623,'- 11364777 46,273,0 85,293,0 11238328 46,575,1 BANKS. Capi- Sur. Invest- OOs omitted. tal. plus. ments. Leg. 3. Specie. l.<',144,0 6,776.(1 222,715,0 J'ne 3 J'nelO 1.^100,0 17.284,0 6,012,0 223,878,0 6,389,0 221,837,0 191,864,0 42,139,5 191,115,0 42,139,5 192,153,0 Notes. 67,962,0 67,295,0 66,049,0 47,960,<» 220,879,0 J'ne 3 I'nelO 47,960,0 221,403,0 131,042,0 126,574,9 140,750,3 265,235,0 12,615,0 263,802,0 12,725,0 26'2, 200,0 12,738,0 135,567.2 131.502.4 136.736,3 t Including for Boston and Phil<adelphia the Item "due toother banks," and also Government deposits. For Boston these Government deposits amounted on June 10 to $1,747,000 on June 3 to $1,742,000. ; June June 8 9 — Exports for the Week. The following are for the week ending for dry goods and for the week ending for general merchandise Imports antl the imports at New York week January. also totals since beginning first ; FOREIGN IMPORTS. For week. 1905. Dry Goods Total Since Jan. 1904. 1903. $1,338,541; $1,777,891 10,688,428 $1,591,296 7,603,913 $11,579,355 $8,942,459 $12,466,319 $9,754,363 $64,726,047 262.359.329 $55,263,423 215,338,574 $63,051,969 211.058.230 $56,184,096 190,869,180 General Merchandise Total 23 weeks $327,085,376 .$270,601,997 $274,110,199 $247,053,276 of dry goods for one week later wiU be found 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 12, and from January 1 to date. The imports in EXPORTS FROM For the week Previously reported.. Total 23 weeks NEW YORK FOR THE WEEK. 1905. 1904. $10,158,657 232,467,019 .$8,761,345 .$7,87'2,49:-t 208,759,154 222.8i'.4.153 1903. Man&Sr'nx $ 142.6 68,2 62,8 264,5 Colonial.... 315,9 Columbia .. Cousol. Nat. 1,000,0 1.055,1 124,9 Fidelity 200,0 14th Street. 100,0 131,4 87,1 Qansevoort. 200,0 Hamilton .. 200,0 133,2 333,5 Jeflerson .. 400,0 129,7 Mt. Morris 250,0 226,0 Mutual 200,0 194,0 Ward . 200,0 19th 242.2 Plaza 100,0 103,2 Riverside . 100,0 767,1'. 100,0 State 117,5 12th Ward . 200,0 109,5 23d Ward 100,0 Union Ex;ch 750,0 536, United Nat 1,000.0 163,0 YorkviUe .. 100,0 293,7 30O.0 212,7 Coal & I.Nat 250,0 Metrop'lit'n 1,000,0 34th Street. 200,0 205,0 $ 100,0 100,0 100.0 100,0 300,0 . Borough $ 15,2 26.1 24,1 35.5 29.1 31,0 71.7 315.5 275.0 42,0 407.0 299,1 21,7 147,8 12,9 193.5 10,6 160,7 20.0 32.2 196.0 11,4 525.0 35,0 l.i'98.9 53,1 889,0 114,2 246,3 42.7 527.3 123,0 305,1 .- 2.204.8 2,921,2,577,:; 2,107,5 1,255,5 $ 49,5 119,1 185,5 144,1 170.4 109,1 262,4 201,9 208,0 92,3 288,0 206,0 155,1 436,0 55.1 307,0 191.1 27,5 2,4 73.6 50,9 38,6 388,2 354,0 592,8 68,5 231,0 115,7 226,5 2()t»,2 'iil:z 232,4 381,8 299,0 62,1 88,0 251.0 182.9 U03,8 83,0 241,:. 742,1 265,2 128,4 19,5 26,9 239,0 3,0 175,0 243,0 61,9 310,0 178,7 56,2 56,5 261,0 $ 650,8 841,2 682,3 4,011,2 6,526.0 2,407,0 889.8 2,948,3 2,288,5 4.945.9 2,896,6 3,473.4 3,536,2 2.907,9 3,805,0 202,1 1,716.3 1,660,0 10.554,0 75,0 2,677.0 174,0 2,181.4 616.0 6,789.0 1,271.4 137,8 3,378.2 87,4 3,605.1 843,0 2,1 27,5 10,9 1,298,9 200,0 150.1 . .. Mfrs.'Nat.. Mechanics' Merchants'. Nassau Nat .. North bide. Peoples 17th Ward . • 300,0 252,0 500,0 100,0 300,0 300,0 100,0 100,0 100,0 97.3 348,4 159,1 6(17,8 1.982,6 2,527,5 1.S41,8 3,598,3 500,3 111,086,7 64,3 1,621,5 806,2 5,349,0 598,4 3,509,0 170,0 1.417.1 191,6 1,90.5,3 749,7 92,7 135,4 214,4 389,5 305,3 107,2 562,5 1,355,7 307.5 163,8 681,1 406,0 829,1) 357,0 40,0 91,2 85,4 163,7 11.1 255.0 145.0 21,9 58,6 61,7 170,4 403,9 267,0 681,2 10,7 60.1 72,J 192,0 37.7 297,4 938.7 96,0 62,6 400,0 1.118,7 4,402,3 172,3 250,0 250,0 200.0 663,4 122.4 3ol,4 2,537,2 894,9 1,624,1 86,2 69.2 48,0 71,0 110,0 125,0 546,3 169.2 2,612.5 1,366,0 192,3 45,3 Union WaUabout Jersey City 200,11 112,2 95,8 2,949.1 Frrst Nat... . 26.6 11.3 109,1 100,0 34, .s 66,8 2,180,2 2,820,7 48,9 2,032,8 300,0 4,582,0 184.9 12,638,0 142.0 2,145.4 6,431,0 197.0 4,461,0 182,9 1,550,2 1 1 1 ,5 2,115,3 134.9 853.8 895,3 4,194.4 114,5 1.013.0 326,7 1,428,3 933,0 6,643,1 103,0 26.3 11,6 2,363,5 17,7 92,1 355.1 208,H 379,6 32.6 47.7 172,4 74,3 480,3 80,9 2.906,3 1,297,9 Hudson Co National Second Nat. Third Nat.. . 946,7 1,914,1 HOBOKEN. FlrstNat... Second Nat. $242,625,670 $217,520,499 $230,736,646 .$220,727,035 EXPORTS AND IMPORTS OF SPECIE AT NEW YORK Great Britain France $330,922 3,880,093 4,67i','793 'ifSJo's 5,000 63,300 7,250,000 3,000 2.320 91,693 2.205 $127,600 .$32,889,146 23.110 64,29-,i,519 21,061,007 1,642,958 $99,923 274,773 13,882 All other countries Germany West Indies Since Jan. 1, $l22i606 Mexico South America France Week. 1. $1,500 20,899,553 .......... Total 1905 Total 1904 Total 1903 Silver. Great Britain Imports. Since Jan. Week. $62a.243 $13,138,010 475,33.-> 167,335 12.892 1,892 89,582 18,087 *i',.VlV) 6"79,999 62,218 1,264 Mexico South America All other countries 289,942 78,775 7l2,7o7 61,014 .$5,353,453 5,854,811 3,019 0£4 .... .... $20 45.504 487 766 1,054,151 8,903 6.907 Total 1905 Total 1904 Total 1903 $815,557 $14,402,725 721.495 19.605,259 198.490 15,632,171 .165,001 19,206 41,749 $1,596,349 420,777 767,151 Of the above imports for the week in 1905, $42,700 were American gold coin and $347 American silver coin. Of the exports during the same time, §127,600 were American gold coin and ^17,700 were American silver coin. — —See page preceding. Stxuliitxg and ;giiiaixciaX> Spencer Trask P/lonthly Descriotive List & of Co. High-Grade INVESTMENT BONDS. Transact a t^eneral bankino^ business and execute stocl< and bond orders upon the New York iutock Exchange. Branch Office, Albany, N.Y. William and Pine Moffat St;?., New Yort & w^hite^ members New Vork !\$tock Excbanse, HANOVER BANK BUILDING, 6 NASSAU STREET. i>caler8 in InTCStment Securities. COMMISSION OKDEUS EXECUTED FOK CASU ONLY, • Tot.J'nelo 114370 130349 1230734 5,737,7 7.079.1 140232 9,351.8 1395015 Tot.J'ne 3 114370 128954 1222508 5,795.0 6,481.7 139725 8,917,8 1375853 Tot. May27 114370 128964 1218838 5.713,5 6,618.9 139751 9.279.5 1392487 $7,736,065 212.990.970 The following table shows the exports and imports of specie at the port of New York for the week ending June 10 and since Jan. 1, 1905, and for the corre.sponding periods in 1904 and 1903. Auction Sales. Broadway Nat. City 2,756,5 3.394,5 2,327.2 3,556,0 1,505,1 8.681,0 2,089,0 $ 01 Brooklyn. Borou.gh ... Brooklyn 781,6 763,1 651.8 3.382.5 6.077,0 3,696,3 897,1 2.573,3 2,089,8 4,360,8 2,923,6 1902. Note.— As the figures of exports as reported by the New York Custom House from week to week frequently show divergence from the monthly totals, also compiled by the Custom House, we shall from time to time adjust the totals by adding to or deducting from the amount "previously reported." Germany West Indies............. * 8,16:;,067 1. Net N. Y. CrrY. Boroughs of 1902. $2,022,980 9.556,375 General Merchandise Gold. Clear'y Other Deposits Agent. Bks.&c 1,47'2,648,6 7,840,0 7,775,0 7,643,0 I'hiln. May27 47,960,0 221,722,0 Deposit with iBank 1,782,317,8 1,821,694,8 1,553,392,9 Bos. May27 42,139,5 EXPORTS. Loans d Wash. Hgts Century ... Chelsea Ex. Clearings. s've. •$ Bk. of N. Y. Manhat. Co. Merchants' Mechanics'. Deposits.^ ' THE CHRONICLE. 2440 [Vo£^ LXXX. State and Railroad Bonds.— Sales of domestic State bonds Board $10,000 Virginia fund, debt 2-8s at 97*^. „ A conspicuous feature of the bond market has been great activity in the various Japanese issues at advanced prices. This movement is the result, as is well known, of the pros-' pects of peace ani of the future standing, financially and otherwise, of the Japanese Empire. Aside from the dealings in these bonds the market has been unusually dull. Central of Georgia issues have lost a part of their recent advance, while Rock Island and Union Pacifies have moved to a higher level. Green Bay & Western debenture Bs show a gaia_ of 2 points on very limited sales, Other changes in the active list are fractional and unimportant. United States Bonda.— Sales of Government Bonds at the Board are limited to $1,000 4s, coup., 1905, at 183. The following are the daily closing quotations; for yearly range at the f^* For JHvidendB see page 2438, WALT. STREET, FllIDAY, JUNE Ifi, 1905.-5 P.M. The Money Market and Fina^icial Situation.— Saturday's news to the eflfect that both Russia and Japan had agreed to enter into negotiations with a view of establishing peace and the announcement of a more hopaful outlook in Equitable affairs gave a decidedly more active and buoyant tone to the security markets on that day. This tone continued to some extent during the early part of this week, but the factors mentioned have ceased to exert a stimulating influence and the volume of business has gradually declined to a point below last week's minimum and almost down to last year's low record, which was on June 2Sth. A little more doubt has been created as to the reliability of former estimates of the spring-wheat crop by the estimate given out this week of a well-known Western expert whose figures in past years have proved to be very nearly It is reported that some of the granger stocks have correct. been freely sold and prices somewhat depressed by this estimate. However this may be, it is true, as noted in our review of the stock market below, that there has been a substantial reaction from t tie advance which followed the news mentioned, and closing prices are about on a level with those of a week ago. slightly firmer tendency is noted in call-loan rates, but by far the larger part of the business in this department has been at about the rates that have prevailed for some time A see third page follouirg, June 10 Interest Periods 28, 1930 registered 2s, 1930 coupon 2s, 1930, small.registered 2s, 1930, small coupon Q— Tan Q—Jan Q—Feb Q— Feb 3s, 1818, small.registered Q— Feb 3s, 1918, small coupon Q — Feb 4s, 1907 registered Q— Jan 4s, 1907 coupon Q —Jan 4s, 1925 registered Q— Feb 4s, 1925 coupon Q— Feb 3s, 3s, * 1918 1918 This registered coupon is June 12 June 13 June 14 June June 16 15 "104 *104 •104 *104 '104 *104J2 *104i2 *104i2 *104ia *104i2 104 104 Vi io3->i *ib4" •104" *i04" •i04" '104 *104 *104 * *104 *104 '104 '104 103^2 *103i<^ *\'&s'^ *i03ii »103^2 •104 *105 *132 "132 *104 *105 •132 132 the price bid at the morning board ; •104 •105 •132 '104 •105 •132 I32I4 I32I4 133 *104 •105 •132 *104 *105 '132 "132^ no sale was made. Railroad and Miscellaneous Stocks —The stock market was more active and strong on Saturday and Monday than we past. I last reported it, but the daily transactions are again re- The open market rates for call loans on the Stock Exchange duced to very limited proportions and the high quotations during the week on stock and bond collaterals have ranged of Monday have not generally been maintained. The exfrom 2 to 1% p. c. To-day's rates on call were 2li@2}4 P- c. Prime commercial paper quoted at 33^@4 p. c. for endorsements and 3%@i}4 for best single names. The Bank of England weekly statement on Thursday showed a decrease in bullion of £155,983 and the percentage of reserve to liabilities was 50"91, against 50*02 last week, the discount rate remaining unchanged at 21^ per cent. The Bank of France shows a decrease of 4,850,000 francs in gold and 2,575,000 francs in silver. NEW TOHK CITY CLEARtKG-HOUSE BANKS. Di^erences 1905 1903 June 1.3 1904 June 11 yrom June 10 previous week 115,972,700 115,972,700 134,148,300 138,953,000 Loans & discounts l,089,5y0,900 Dec 11,762,200 1,042.093,300 302,100 Circulation 40.575,100 Inc 38,088.000 »1,123.832.800 Dec 12,644,900 1,109,231,200 Net deposits 940,200 231,042,500 Specie 205.492,700 Inc 81,227,700 Legal tenders 85,293,000 Dec 330,200 109,822,700 129,251.100 903,362,000 44,006,100 886,829,700 156,145,400 75,039,200 Capital KTirplus Reserve held 25 deposits p. c. of 290.785,700 Inc 280,958,200 Dec 616,000 3,101,225 312,870,200 277,307,800 231,184,600 221,707,425 35,502,400 9,477,175 9,827,500 Inc 3,777,225 Surplus reserve *S12,731,700 United States deposits included, against $12,708,500 last •week and $23,363,800 tlie corresponding week of 1904. With these United States deposits eliminated, tlie surplus reserve -would be $13,010,425 on June 10 and $9,242,400 on June 30. Note.— Returns of separate banks appear on the preceding page. — I'oreign Exchange. The market was almost stagnant this week, rates were without important change and there were few features of interest. To-day's (Friday's) nominal rates for sterling exchange were 4 86 for sixty day and 4 88 for sight. To-day's (Friday's) actual rates for sterling exchange were 4 8515 4 8525 for long, 4 8710@4 8715 for short and 4 8730@ 4 8740 for cables. Commercial on banks, 4 8485@4 8495, and documents for payment, 4 8iJ^^4 8530. Cotton for payment, 4 843^@4 843^ cotton for acceptance, 4 8485@4 8495, and grain for payment, 4 8520@4 8530. ceptions in this particular are Atchison, TUinois Central, Manhattan Elevated and General Electric. Some of the grangers have fluctuated widely, presumably on crop news, while the coal stocks have been relatively firm daring the general decline. The latter averaged nearly 2 points for the entire active list and there have been few exceptional features other than those noted above. Miscellaneous and industrial stocks followed closely the general trend of the market and were inconspicuous in the week's transactions. The United States Steel issues advanced 2 points on the week-end upward movement, about lialf of Iron moved up which has been retained. Tennessee Coal sharply and closes substantially higher than last week. Anaconda Mining, on the other hand, shows a net loss of & 2K points. £or daily volume of business seepage S450. The following sales have occurred this week of shares not represented in our detailed list on the pages which follow. STOCKS Week Ending June IS Preferred Ice Securities Chic «fe No West rights.. 13,916 32 Oleve * Pittsb, «uar 2,430 Del <fe Hudson rights 100 Det Sou, pref, tr rects... 700 Ft <Sj Denv C, stmpd.. li.'O eeneral Chemical 100 Havana Elec Ry 700 Preferred 100 Homestake Mining Keokuk <fe Des Mo, pref. 2'JO 690 (Chicago) Knlok Ice 100 New Central Coal 2B0 Dock Co, pref 32 f Ittsb Ft Wayne & Chlo lOU Qtilok8llverMinln(r Hid <& West... Peoria Toledo W NY Twin City B T rights.... U8 Leather Preferred Itangt for week Range since Jan, 1. Week 100 300 620 Amer Beet Sugar Amer Sales for 12 795 401) 24 .Tan 24 J'neie 85 J'nelO 77 Jan 27\J'nel6 25 J'ne 13i«J'ne 13>..iJ'nel2 14 J'nelO 1S3 J'nel3 183 J'neiS lg2i4Maj ^J'ne Wnel6 •J^J'nelS 42 J'ne 42 J'nelfi 42 J'neie 6tfi«J'nelO TO J'nelt. 44 Jan 60Wnel4 eCtJ'neU 6« Mar 15 Apr 15 J'nelS 16 J'neie 60 J'ne BO J'ne 16 56 J'nel3 71 Jan 78>2J'ndl6 78'aJ'nel6 40 Maj, 46 J'neia 4S J'ne 2 IJ Jan 19iaJ'uel4 19'4J'ne;6 42 Feb 42 J'nelO 42 J'nelO ^9 Jan es'sJ'nelS OHHiJ'nei:18>lHiJ'nel3 185 J'nelP 182^2 J'ne Mar 1 J'ne 6 1 1 J'neie 13 Feb 19 J'nelZ 19 J'neia ^J'ne Wnel4 kJ'uelO 24 J'ne 6 3-4 84 25 85 Mar 27'^J'ne 14 In J'ne J'nelO J'nel5 lis^j'ne 4 12'* J'neie 300 lOT'iJ'nelO lU8\J'nel3 U Apr lOO^eJjsii l-iS "ijMar Jan 42 J'ne 70 J'ne 62 May 17 Apr «2iuApr 80 Apr 52>'jMar 21',Apr 42 Feb 66 Mar 136 Jan ISgFeb 19 Feb i-jj'ne U«8Jan 109^iMar ; To-day's (Friday's) actual rates for Paris bankers' francs were 5 18i^@5 11%* for long and 5 lQ}4t@5 163^* for short. Germany bankers' marks were 94 13 16(tt947^t for long and 95 3-lGt^95 3-16 for short. Amsterdam bankers' guilders were 40i^§@40 5-16* for short. Exchange at Paris on London to-day, 25 f. IGJ^c; week's range, 25 f. 18i^c. high and 25 f. 16i^c. low. The week's ranse for exchange rates follows: -Lonij.Sterlinrj Aclua', High....( Low I 4 8515 ©4 8525 4 8510 4 8620 J-aris lianlcen' Hijrh....| Low I ® 4 8710 4 87 -S) © 5 1818* I 4 a> 4 8715 8705 16V 5 l-'a* Sift's 5 16'4t 5 167t,r ® ® 5 5 1678 ® ® 953ia ® ® 4OB18* Germany Hankers' Marks— Low ® 4 87.30 4 8730 ® ® 4 8740 i 8735 Fravcs— olS's Hi({h....| -Cables.- -Short.- — 94i3io 'til i)4M ;'53i«t 941-1,1 'di '.t4''et 95 'si 95 ® ® H>eh.„.| Less: I *h'^ "' y,'^-, i ''m of 1%. * ^32 <•' ^%- I 40M? I 4oaig * *32 °' ^ -'o- 40 '4 ^^^^ The : Ban irancisco, 50c. per ,$1,000 premiuir United Copper common fluctuated between 23 and 25 J^ and ends the week at 24; the preferred was quiet between 69^ and 713^; the last sale was at 70i^. Standard oil was conto-day there spicuously strong and rose from 605 to 620 was a reaction to 615i^. Practically no attention was given to Northern Securities, only about 4,000 shares changing hands during th week; the price ran ed between 163J^ and 165 and the last sale was at 164, on Wednesday. The ''Stubs" declined from 262,i^ to 200 and ended the week at 212^^. U. S. Leather common (when issued) ro.se from iO^g to i^% and closes to-day at 45; the preferred ran up from lOO;^ to 101%. New Orleans Railways preferred (whea issued) advanced from 78K to 81; the common (when issued) rose Interfrom 873^ to 385,^, but later fell back to 373^. borough lost 3 points to 201 and ended the week at 203 Out ide quotations will be found on page 24'30. - H he Of lo/o. ** I32 of IO/q. following: were the rates for domestic exchange on at the under-mentioned cities to-day : Savannah, buying 50c. per $l,0nc discount; selling 75c. i)or $1,000 premium; Charleslon, 123^0. per $1,000 premium; New Orleans, bank, GOc. per tl-OOO disnount; commercial. 750. per $1,000 discount; (Jhicaq;o, par; .St. Louis, 4i5o. per $1,000 premium; New York ; ; 's Amsterdam Jianken' OuUders— Low Outtiid« Market— Apart from Greene Consolidated Copper and Greene Consolidated Gold, both of which displayed considerable activity and much weakness, very little interest has been manifest in the market for unlisted securities this week. Various unconfirmed rumors concerning the condition of the Greene Gold property induced heavy stock, and resulted in a break this of selling was there subseqnently to points, 2%; of 2% i% and the close to-day was recovery to a at 4, Dealings in Greene Copper have also been on a very large scale the price of these shares rose 1 J^ points, to 24^^ in the early part of the week, but on Tuesday dropped to 203^; at the close to-day the price moved up again to 21%. ^ — S . . New lork Exchange— Stock Stock 8 5 4 .. Record, Daily, . Weekly and Yearly OCCUPYING TWO PAUES STOCKS—H20UEST AND LOWEST SALE PRJCES Mondav Saturday June lu June 12 Wednesday June 14 Tuesday June 13 Thursday June 15 STOCK-S NEW YOKK friday June IS Sales EXCHANGK 01 the STOCK Sange On basis tor Year 1905 0/ 100-sharelots Range tor ^eviou{ Year (1904) Week Highest Lowest Shares Highest Lowest Kailroads. SOW smi 102'* 80^4 102 158 102:'^ 157 1 '!0 108 4109^ 97 "4 97 14 63 7g 65 42 81 »& 102'^ 1()0^4 10834 luO*-^ 97 97 Gi-'i &bh S0\ 81 Tf, 102H2l023e 158 160 108^10914 *y7 63^8 97 Hi 65 90 §90 91 151k 149 Hi 15118 •69 •69 70 70 200 198 198 199'-il99'<j *198 49 12 5(m. 49 Hi 5U 4912 50I2 37 '4 •34 *36 37 •36 37 sola 8034 81 &0\ 8II4 81 ig 18^8 I'd^ 18*8 19 V 187s 19 •86 86 87 »86 87 87 *60i4 61 60 14 60 Hz 60Hj 64 31 W; 3II2 *29 •29 31 31 1741^17534 173 14 1751.2 17334 176 »182 1H6^ *184 187 a 84 186 •192 1941-^ 194 195 Hz 192 195 •235 250 •235 250 •250 •170 180 •170 180 •170 1>!;0 •180 200 *180 200 180 200 •17 *17 •17 18 18 18 3OH2 33>4 30»a 30^2 *30ia 32 •6 »568 6>2 6 6 6H2 30 35 •30 Si 37 35 "SO 961-2 95 96 96 9534 96 'e •115 120 •119 120 •119 120 •87 14834 9OI4 14858 149 >v 27I4 27V( 27>4 58 68 Si 59 35 Ha 37 181 182 •375 384 28I4 37 182 375 281a 28I4 •87 •16 89 22 9OI4 91 . •24'u 4038 25»5 4II4 79 79 ^v 6634 6736 •62 •85 8834 371a 182'2 384 281a 8834 •16 22 911a 92 13 13 27 14 26 40=8 79 66I2 "^4 62 70 90 281 280 27I4 58I4 *85 279 82 14 81 Vj 8178 1023^ •102 Hi 103 158 1581-2 157 lo8Hi 108 Ha 108 '6 IO834 109 597=8 97=8 97 971a 63=8 643;. 0379 64 14 89 91 91 S90 150=8 I5II4 150»e 15034 8214 103 81Hi n0238 158'<8l59 108 Hi 109 14 97 97 Hi 6378 64 Hi •88 90Hi 149^8 iSlHi 69 •69 70 200 49«8 60 33 37 a;78H2 18=8 78Hi 4934 37 78 14 19 85 Hi 64 I834 *183 193 186 193 Hi 235 260 '172 175 180 200 •17 18 •30 Hi 33 14 6 4934 *33 78 14 19 •86 87 60Hi 60Hi 31 12 •29 173=8 17434 375 •84 60 Ha *29 174 •133 191 31 •27=8 88 17 91 2834 88 534 411a 4OH2 7934 6714 78-'4 6534 67 n^ 26Hj 62 *85 278 28 14 284 8834 9134 12 Hi 26 40 27 Ha •88 Hi 9134 I3I4 Hi 27 Hi 41% 78=8 65=8 79 66 14 280 Hi 70 90 282 4934 78 Ha 36 14 78 Hi I9I8 86Hi J876 •84 61 64 •29 Do 4 p. c. pref. "B".. 31Ha 174 14 17438 Chicago Milw. & St. Paul. 183 186 Do pref 192 193 Chicago ife North Western 2134 22 Hi •87 94 93 14 93 14 160Hj161i« 24 25Hi 50 50 »3H3 84 •24 26 22 21 93 93i2 93I5 15934 160»g 24 "u 26 »2 93 •48 83 •24 66 50 83 12 25 56I4 56H! *31i8 35 56=8 sm 3114 •96»2l00 •300 330 •50 55 147 148 •163 >2 165 »96ial00 *300 330 *50 55 120 20 •130 •62 •85 117 158 I64H2I6434 79 14 81 Hi I22I4I24S8 20 >« 21 79>i 78»a "4 I46I4 14734 123 20at *130 146 59 94 146 *52 59 •85 95 117Hill» 11734 158 157H2158H2 28 28Hj 62 Hi 63 . 27^8 283b 6278 62 99 98 148 148 •34 »a 35 9834 »146 35I4 *177g •1734.... 9938 150 35I4 141 142 Hi *44 4'i *110 115 80 76 7818 78'8 ^198 200 61 Sl'b 51Hj 52 80^8 Si SO^s 81 •92 94 •92 94 185 187 12 18634 188 •83 85 87 84 »100 105 *100 105 85 •85 92 80 134 Sj 13534 1351*136 38 *34 •33 38 100 100 140 •44 •110 142 47 116 2214 -87 93 159 Hi 22 Hi 94 91 161 25 Hi 25 48 51 8334 23 55 Hi 833, 7834 78^4 65 '8 66 62 70 85 90 279 279 26 •88 94 •93 94 160Hil60Hi 251a 25 Hi -48 51 83 Hi 84 2414 56 55 35 -96HalOO '31 55 35 *31 223b 2238 94 59418 941* 160 Hi 161=8 •25 26 48 51 •83 Hi 84 •23 18 2434 55 >4 55 2934 31 91 91 88 2314 17 22 96 300 330 300 330 300 330 •50 55 50 55 52 52 I4518I47I4 146 146 Hi 145Hi 146 '4 164 14 166 163Hj16434 •163 Hi 166 80 80 7934 8O34 79»8 81 122 Hi 12334 12134 123 14 12238 12276 20 '8 2034 2014 21 20 Hi 20=8 "130 146 4130 130 130 146 54 60 •54 59 •54 60 85 94 •85 94 85 94 11334 117Hill9 5117 117 117Hi 157 Hi 157 Hi •157 158 *157 158H2 28I4 28 4 2816 2734 2814 28 •61 6I34 62 >4 62 14 63 63 Ha 98 H9636 98^8 9334 9334 98 • 144 146 146 146 •144 146 35 35 34 Hi 34 'a 34Ha 34Hi 17 •17 •18 I4II4 141Hi 140 Hi 14134 14138 14134 •44 46 45 45 45 45 110 115 110 115 •110 115 *77 77 81 80 80 82Hi 198 14 I98I4 •197 199H! 196 198 5II4 51=8 60 505» 51^4 52 '5 8038 80 1« 30 80 80 80 Hi 92 94 J 92 92 92 94 186 187 Hi 185i4l86Hi 185 14 186 84 90 -83 87 85 85 100 105 •100 105 100 105 85 90 •85 *85 92 94 13434 13534 134=8 135 Hi 13434 I35I4 «33 •33 37 •33 38 38 100 100 93 • •71 »100 117 77 107 *116 •71 9138 91% '"" •8834 893. 27 "t 2734 74'8 7478 •12 16 47 H) 49 22 20 •74 77 641a 6412 U94Hj194% 221a 23'>8 60 60»8 6312 6238 11978ll9'B 3134 32 14 •961a 97 •99 100 32=8 33 »126 130 91V, 88 9lHi 90 2738 28 74H8 75 14 14 52 47 221a 23 *74 771a 64"% 64»8 192 1941a 23 18 2314 60 Hj 60»8 6234 6334 119iall9ia 31'^ 32 Hi 97 97 *99 100 3314 33 126 130 ISO'g •71 100 77 107 94H» •91 •88 "a 2738 96 74 75 13Hj 49 22 Hj 75 91Hi 90 28i« 14Hi 52 24 77 71 100 91 •8334 2739 74I4 •13 •47 •19 •75 13014 •71 •97 78 107 76 107 95=6 96'4 9614 91Hi 8934 27Hi 74 14 16 52 22 77 •91 91"-. •88Hj 27I4 8934 27=8 •73 •13 •47 76 21 16 62 23 77 & Des Moines Ft. (! 62 •85 '277 70 90 280 2238 23 •88 94 594 4 944 161 51 84 25 55 29 814 •23I4 •62 28 14 *86 96 330 55 •1454146 j;162i4l62i4 8OI4 80 I2214I23 204 2034 •54 59 •85 94 117=4 11734 *156 159 27I4 28 *61 99 •144 34 owa Central Do pref £C.Ft.8.<fcM..tr. cts. pfd ansas City So. vot. tr.. Do Lake Do •17 & 45 45 115 <& Mich. South'n Long Island Louisville 100 <& Mo. Kansas Do pref Nash. Cliatt. & St. Louis at.of Mex, non-cirm.pl Do 2d pref & Hudson.. N. Y. Chic. & St. Louis... Do Istpref Do 2d pref Y. N. Haven & Hartf N, Y. Ontario <fe Western. 80 14 Norfolk & Western 92 94 Do adjustment pref. 18514 186 Northern Pacific 83 87 Pacific Coast Co 100 105 Do Istpref •85 93 Do 2d pref 13478 13538 Pennsylvania 33 37 Peoria <& Eastern Pore Marquette 114 •71 •97 114 76 112 95=8 9II4 8834 2714 *73 13 47 •2) 9678 914 8834 2 7 '6 75 16 52 23 78 66 195 •73 577 85 64 6434 6434 64Ha 64Ha *64 190 195 •190 195 •190 195 185 23I4 2338 J22Hi 22 Ha •22 23Hi •22 234 6038 6038 60 Hi 60 Hi 5914 61 59Hi 59Hi 62 62% 62=6 62 4 6236 Q6\ 6214 6234 119 120 119^8 119^8 1197g 119'e 11934 120 3138 31=8 32 31 31tfe 314 3134 31\i •97 97 9714 596=8 96=8 97 96Hj 97 *99 100 *99 100 •99 100 •98 Ha 100 33 3234 -3234 3338 33 32 Hi 32 Hi 14 334 127 130 126 128 125 130 129 129 600 Texas <& pref Philadel. Rapid Transit.. PilUb. Cin. Chic. <& St. L. Da pref Reading Istpref 2d pref Rock Island Do Company pref St. Joseph <fcGr'd Island. Do Do Istpref 2d pref St. L.<fcS.Fr., 1st pref Do 2d pref E. I.com stock tr ctfs Louis Southwestern C.<fe St. Do pref Southern Pacific Co Do pref Southernv.tr. Do M. <fe 'I'^exas stmped do cfs. pref. O. stock tr. ctfs Pacific. (N. Y.)... & ilhird Avenue 7478 Maris 284Marl7 93 4 J'ne 16 174 Jan 37 21 Jan 21 Marll May22 83 4 Marll 4834 71 4 Mar 3 72 4 Jan 16 90 Feb 2 335 Apr 17 90 Jan 13 24 Feb 2 99 Marll 9678 170 32 0834 Mar! 3 Apr 15 Feb 3 Feb 3 84 4 Marie 34 Feb 14 70 Feb 14 444Marl4 20 J'n i374Feb Mai Mar 207 Fob Mai 135 5165 Apr 173 161 4 894 Nov Nov Nov Deo 96 4 Oct 70 4 Nov 89 Aug 104 4 155 4 L05 ^4 13534 Oct 72 1943^ 51 Nov Nov Nov 4714N0V 85 4 Jan 26 4 Xov 90 Nov Nov 394 Nov 7434 177=8 Deo 18578 Oct 2144 Deo Nov Nov 237 160 192 Deo Aug 164 Nov 114 AUjT 2734 Nov 4 J'ly 15 4 Nov 29 May 48 4 Nov 684 May 9338 Deo 100 Feb 115 Nov 13 4 J'ne 2438 Nov 48 J'ne 63 Deo 1774 J 'ut 37 4 Nov 149 Mai 190 4 Deo 2504 Feb 35934 Deo 18 Mai 3578 Nov 644 Feb 89 Deo 194 Jan 27 Deo 60 4 J'ne 79=4 Deo 54 J'ut 1478 Nov 914 Aug 28 Hi Nov 214 Ma) 41=8 Nov Deo 55=8 May 77 33 May 684 Deo 54 J'ly 67 Deo 72 Feb 83 Nov 170 Mai 242 4 Deo 70 Aug 864 Nov 11 J'ne 2034 Nov 60 May 94 Deo 77 Mar 96 Deo Deo 125=4 Feb 159 14 J'ne 33 Nov 32 Feb 5934 Nov 64 4 J'ne 834 Nov 16 4 Feb 3178 Nov 31 Feb 6634 Nov 26 Mar 434 Deo. 5 14 106 Marl3 85 J'ne 105 Oct 5350 Marl3 5245 Nov 5300 Deo 604May22 65 4 Feb 3 46 May 624 Nov j;1344 Jan25 I56I4 Apr26 101 Feb 148=4 Dec 161 May 1 175 Feb 9 13934 Mar 1694 Nov 72I4 73 Jan 9 91 Marl 7 Mai 964 Aug 37,000 19,325 114 Mayll 5.620 18 14 May 2 2 20 5130 J'nel4 56 4 Jan 12 86 Jan 19 5,120 894Janll 400 148 Jan 13 5,600 24 May22 2,600 56'4May23 11^570 94 4May22 200 137 Jan 12 490 33 4 May 8 Missouri Pacific 614 N. 5114 8014 26,950 Nashville... Manhattan Elevated... etrop. Secor., sub. rec. Metropolitan Street Mexican Central Michigan Central Mmneapolis <& St. Louis. Do pref MlDn. S. P. & S. S. Marie. Do pref •76 51974 198 Western... pref Shore L. 624 99 150 35 pief. vot. tr. ctfs. BTrie 11034 142 4 N. Y. Central 110 B Do pref 16138 Illinois Central •49 •50 pref Bay<fc W..deb. ctf.A 91 374May22 55 4 Jan 3 65 Apr 7 90 Feb 28 1,010 236 Jan 4 83 Feb 16 * 327 17 May 2 2 100 86=8 Jan 18 226 90 Jan 18 9,853 15234 Jan 25 1,100 24 May24 100 60 May 10 1,000 8I34 Jan 25 600 22 4May22 1,400 62 Jan 3 950 2814 J'nel6 500 91 J'uelo 5290 Jan 20 Hocking Valley 254 254 300 58,950 7,475 7,450 Apr 11 Marll 364Marl4 2714 May23 83>4May ] 18 May22 4,340 764 Jan 2; 550 1134 May23 2,600 21 May22 900 Atl.. deb. ctf. 19638 Jan 20 400 1,100 Great Northern, pref Do 1784May22 100 335 & Terre Haute.. Evans V. Do 1,500 Dodge. 934 Detroit United 13 4 DiUuth So. Shore & 26 274 Do pref 4034 404 Erie 79 79 Do 1st pref 654 664 Do 2d pref 9234 •12^4 Do 120 77 100 107 96 94'8 96>4 96>8 14 116 '1 & Green , 100 29 May2;; 374Aprl7 187 4 Apr 17 49,600 1684 May 182 4 Jan la 192 4 Apr 17 3,141 aiaoj^j'ne 9 249 Jan 31 234 Jan 13 2654 Feb 1 225 Jau 31 "ibo 150 Jan 195 Jan 17 230 Jan 31 734 Jan 5 194 Feb 17 100 17 4 Jan 4 36 4 Mar22 6 J'ne 2 IS'sB-eb 2 400 35 April 54 Feb 3 1,329 90 Jan 14 111 Mar21 l>i 118 May 4 1213, Marll 700 22i4Jan20 30 4 Apr 26 900 62 May23 644 Feb 10 2,900 32 4May23 394 Feb 3 pret 172 175 Chic. St. P. Minn. <fe Om. Do pref 180 200 *17 18 Chicago Term'l Transfer. •30 Hj 33 14 Do pref 614 •6 6H1 Chicago Union Traction. 38 •32 38 Do pref 94 94 95 Cleve. Cin. Chic. & St. L. 118 119 120 Do pref 27 -26H» 274 Colorado <& So., vot. trust 58 57 58Ha Do Istpf. vot. tr. cfs. 36 *36 37 Do 2d pf. vot. tr. ctls. I8I34 I8I34 182 Delaware Hudson 384 '375 384 elaw. Lack. <fe West'n. 27I4 27I4 Denver <& Bio Grande 28 Hi 89 Hi Do pref 88Ha 884 •17 22 91Ha 931s 13 513 27 27 40=8 41 22 62 85 70 90 283 379 8814 •17 22 491a 33 , Do a 380 Hi 174 14 186 191 70 200 Atch. Topeka&Santa Fe 61,940 77=8May22 9339 Mar 9 64 Feb 1,025 99 Jan 25 IOII4 Mar 9 87=8 Jan Do pref Atlantic Coust Line RR.. 12,150 .20 Jan 25 170 Apr24 104 4 Feb 27,450 004 J an 25 1114Marl3 7278 Mar Baltimore <fe Ohio 270 91 Mar 9 98 Feb 8 87=8 t'eb Do pref 63,295 6678May2a 7138 April 38 Fob Brooklyn Rapid Transit. 138 874 Jan 4 9138 May 13 83 Nov Baffalo & Susqiie, pref... 68,600 130^4 Jan 25 155=4 Apr 7 1094 Mar (lanadian Pacific 67 4 Jan 11 7234 Jan 31 64 Apr /"anarta Southern "206 190 May23 205 4 Feb 3 1544 Feb Central of New Jersey... 9,800 45 4 May22 60 4Mar21 28 14 Mai Chesapeake <& Ohio 31 May 2 J 44 Ha Marl 33 Jan Chicago <& Alton i',400 774May2S 8334 Apr 7 75 Jan Do pref 7,500 17 4May22 25 4 Marie 12 78 J'ne Chicago threat Western 8334 May2-. 884 Maris 804J'ly Do 4 p. c. debentures 300 60 J'ne 9 70 4Apii7 47 4 J'ne Do 5 p. c. pref. "A".. 173Hj 173 '2 180 200 *17 18 *30Hi 33 14 6 380 384 69 198 70 201 *198 •197 •30 -32 36 *95Hi 96H! 594 •119 120 18 2634 27I4 26Hj 27 14 27 •58 59 56 Hi 68 56Hi 3634 3634 36 36Ha 36H2 181 Hi 182 Hi ISlHilSlHi 181 Hi 91Hi 13Hi 27H! 4138 79Hi 70 90 280 8138 n03 125i4Mari7 10434 Mar 130=8 001 26 Marl3 5 Apr 23=8 Nov 5150 Feb 15 51194 Feb 160 Nov 6434 Apr 7 40 J'ne 6734 Jan 91 Feb 24 80 J'ly 964 Sep 122 Mar29 56 Jan 95 Oct 16914 Mar29 116 May 150 Oct 3314 09 11078Marl3 14=8 32 87 '4 36^ Nov 6i> 4 Deo Feb iri4Deo Feb J'ne Apr2ti 101 4 Feb 147=8 Deo 45 Jan 16 3434 Feb 45 4 Nov 24 4 Jan 10 157gF6b 25 4 Nov 158 184May26 11,900 13634 May22 500 42 Jan 20 113 Marl 3 200 74 May 4 216 5194 May 2 2 20,185 4038 Jan 5 6,650 76 Maylu lu 91 4 Feb 2 6,534 165 Apr21 Janl8 Marl 3 16734Mail4 11278 Mar 1464 Deo 554 Apr » 25 May 47 Deo 122 4 Jan 30 101 4 May 115 Nov 85 Apr 7 00 J'ne 78 Deo 2 10 4 Feb 4 51854 May 199 Oct 64 Mar30 1939 Mar 4778 Oct 88 4 Marll 53 4 Mai 80 4 Deo 94 4 Feb 3 88 May 95 Deo 196 Mayl5 400 7814 Jan 17 98 4 Feb 7 51 Feb 82 4 Deo 100 Jan 3 108 Feb 6 95 J'ly 101 Sep 200 85 Jan 12 98 Feb 7 61i4Jan 864 Deo 83,370 1314May22 14734 Mar 13 lll4Mar 140 Deo 27 Jan 25 48^4 Apr 3 17 Mar 32 4 Deo 200 77 Jan 6 106 Feb 14 744 J'ne 813b Jan 80 Jan 11 87 4 Feb 6 568 May 79 4 Nov "506 1124J'ne 3 32 Apr 15 70 May23 8734 Marl3 55 Apr 80 Deo 105 Febl7 112 Marl3 90 Apr 107 Deo 256,800 a;79 Jan 13 9934 Mar 9 38=4 Mar 82=8 Dec 800 90 May22 94 Feb 76 Mai 92 Deo 200 84 Jan 5 92 Feb 554 Feb 85 Deo 19 4 Mai 37=4 Nov 18,270 2434 Alay22 37 78 Jan 1 8638 Nov 5734 Jan 1,000 714May22 85 Jan 12 1734 J'ne 2 loo Jan 3 9 Mar 18 Nov 300 46 4 Miiy21 5334 Jan 2 36 May 60 Nov 1,100 20 J'ne b 2914 Feb 16 Jan 30 Nov 35 7338May22 81 14 Mar «61 Mar 7934 Dec 350 61 May26 73 4 Mar 3914 Jan 72 4 Deo 710 175 Jan 30 1944J'nel 150 Jau 185 Deo 1,195 20 May22 27 4 Jan 2 Deo 9 4 J'ne 29 2,620 55 4 May 1 66=8 Apr] 2538 J'ne 6034 Deo 43,200 5734 May 4 7238 Feb 2 41 4 Mar 6«34 Nov 650 11534 Jan 5 121 4 Feb 1 113 Sep 119 4 Deo 21,850 28 May 19 36*4 Marl 184 Feb 374 Deo 1,060 95 Apr25! 100 Mar22 774 Jan 974 Deo 97 Apr 18 984 Feb 28 90 Feb 98 Dec 4,900 2934 Apr 29 41 Mari3 204J'ne 38 4 Nov 120 124 Apr 29 13434 Feb 16 115 Mar 134 Oct BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS Banks Bid Ask svn YORK ^etna Imericall ^jner Esch Mfei' Battery Park Bowery Butch's ... <& Dr 1! Century 1] Chase Chatham .... Chelsea Exo" • 1 Batiks Chemical .. Bid 165 530 155 165 210 195 650 320 170 825 165 330 Bid Ask Banks Bid Ask 1 Uitizeua' Ctrl 165 160 620 t275 775 155 325 Banks Ask 4300 4350 275 City Coal & Iron. 235 Colonial I1 ... 450 170 285 245 Fifth 340 First 755 llthstreeill. 300 Fourth 200 Gallatin 410 Garfield 500 Columbia H .. 400 Commerce... t205 f2097^ German AmV 155 152 4 German ExV 100 Consoliilatod 150 GeruLxuiall .. 450 C'rnExchge" 375 385 Green wiclili 235 160 Discounter- •- 150 150 Hainiltonii .. 190 East River.. 160 Hanover FideUtyli .... 190 t500 Fifth Avel .. 3500 3750 Imp & Trail. 590 InterboroU.. 155 Irving 235 Jeffersoufl... 420 Liberty Lincoln Manhattanll. 165 Market &Ful 215 Mechanics' . Mech & Trail 250 Ittercantile .. .Merch Exch. Merchants'.. Metropolis*'. 165 245 1774 185 515 1500 1700 325 335 265 275 285 295 155 27o 280 170 175 178 185 ino Banks Bid Ask Banks MctropoU'nU 1374 Park Mt Morrisli Mutuallj... Nassauli New Amster Now York Co N Y Nat Ex. New York... 19tli Wardll. North Aiuer. Northern Orieutal'l.... PaciticVi 210 300 190 475 1300 200 315 350 t240 135 t250 250 Pluzall Prod Exchli 175 185 RiversideH 250 670 700 280 700 Phenis .. I 190 210 Seabo.nrd .i25 Second Slioe& Leth. 155 165 State^l 1200 34th Street.. 200 265 23a Wardll.. 150 12th WardTi, 175 Bid and asked prices; no sales were maile on this day. 5 Loss tSiia 1)0 sli.irej^. t tix ri?ncs. State Dan Its. a hlx divuieud and rights. Sale at Stock-Exchange or at auction ttiia week, t Trust Co. certificates. h Assessment paid. n Sold at private sale at this price. 'i I People'sll 200 510 Ask Bid 515 290 180 575 t> ^ew stock. 6 i Stock 2142 Record— Concluded— Page STOCKS—aiOHEST AND LOWEST SALE PEICES Saturday June 10 •33 37 \ I 3734 123»el243j -96 98^4 4134 42 81.>-, 81 ytii4 4134 8034 •SCu 81 1834 38I4 153, 38^4 19 371a 38 •15 16 88>u 38 Hi •22 23 2238 22'h•46 48 "V 1834 »243 •U •22 22 k 48"^ •51 57 SOVj 81^^ 24 36 «37>a 98 34 •30^ •93 «225 91) 240 53, 6J< 40»2 •35 •17 •40 44 47 >4 48I5 111 112 97I2 98 180 11 14 404 43 134 135 •135 136 a40»8l40!t 97 Hi 98 32^8 33 IO214IO212 106 106 •183 192 •5734 41^2 63 4214 95 ft "l2^ 123t, IS634 18734 9 46 47 •41»a 43 80 110 •91 9312 '17308 175 1834 1834 •78H 79 "d •27 • 79'v 61 61 •116 117 23>4 2314 •89 45 *104 •145 98 >4 •36 101 92 46 105 150 99 38 Hi 101 't 18 17"a 75 >a 76 37aB 37»B 91 14 92 •231 236 3mj 31 97 •»6>« 17 7238 n'.. 73 33^ 3334 101 •71 •100 S, 101 74 108 •»4 'iB'd 934 2834 9134 •122 1V!5 12 64 40 •5 35 18 40 47I4 111 •534 1-. 92 '4 98 '22.i 54 64 64 40 40^8 6 5 35 38 18 44 18 •40 4S4 HI 474 1104 tj 533 21 '4 224 24 12'V 109 «a 101)1, •86 90 •26><> 28 •21 7714 "a 444 441., *41 10 10 10 71^8 72 2834 2»^ 913* 913, 122 12J 12 4 12-.« 10934 10934 •85 90 29 91 \ 126 13', 13 H, 10934 110 J 77 786b -40 •934 ItluiUn ISiU Ask Uulled too WaHh.H'hl«'i 210 VorkviUe'i, 30 4 •93 314 . 240 6 6 64 64 64 39 ^8 4014 54 39 13 44 48 112 5 23 240 American Express American Grass Twine Amer Hide & Leather 7 6^4 De 474 64 2234 9734 23 S 98 112 4 .. UKOOKLY.N Borout'hll.... 120 l-!5 Broaihvayl.. :;15 Brooklyiili i30 145 •40' .^^0 ;'.)0 . Coii'yI&BB* Fimi ManuliictrH'. -34 78 •76»» 444 40 104 26'^ 914 • Uankn Jiiu BUOOKLV.N Mechamcsll 350 Merchants'.. 170 Naa»au 390 Nat City J 90 North Sido^. 3U0 90 284 62 4 384 10334 93 '6 34 4 108 -36 235 9434 344 109 4 40 260 94 4 168 78 77 •40 934 •934 72 28 7b 92 •71 287= 513, Highest 17 4 J'ne 21 4 May 274 Oct 1-, 604 Do 27 4 American Sugar Do People's", ;90 l'r<).spi:ct I'k' l:iO (li'lgewooilli. 140 17th Ward',,. .55 Uuionll 180 Wallaboutii 160 . Retiniiif! pref Amer. Telepli. & Teleg... Amer. To bac.(new),pf. ctfs .American Woolen Do pref - Anaconda Copper IJrooklyn Union Gas Orunsw. Dock <fc C. Imp' Butterick Co (Colorado J Do 1 ..107?^ a 65 Fuel& Iron... pref «& 117 9? 25 69 25 Nov 48 4 Nov pref Distillers Securit's Corp. i'.lectric Storage Battery. Federal Mining <& Smelt'g Do pref General Electric international Paper Do pref International Power luternat'l Steam Pump.. Do pref M'ational Biscuit. Do pref. pref New York Air Brake North American Co., new pacific Mail eop. Ga8-L.<& O. (Chic.) - Pittsburgh Coal Co pref Pressed Steel Car Do Pullman Company I Railway Steel Spring.. tvDo Do pref <ft Steel pref A <fe 974Mayl5 163, J'nel3 Oct 2088 J'ue 7 Not 224J'ne 42 4 Not 164 Jan 36»8 Not 754 Jan 24J'ne „ Not 105 9 Deo Deo 29 82 4 Deo Oct 115 170 Not 9908N0T 154 Deo 574 Dec Nov Nov 1494 Not 153 141 96 Deo 25 Not Deo 1207eNoT 2294 Oct 1258 Deo 6234 Deo 9434 5838 Nor 95 Deo 19 4 Deo Oct 220 264 Not 82 4 Not 404 Deo »338 Not 68 Dec M Not 90 1944 Not 25»8Deo 7979 Deo 72 4 Deo 734 J'neli 334Jan31 15 67 9234 Mar 1124 Deo Apr 14 24 4 May 444 0<5t May 92 Deo Mar 244 Not 4634 Jan 23 Jan 10 Marl4 Jau 25 Jan 26 Jau 13 Jan 28 Jan 25 2478 Apr 3 6 87 4Feb23 38 May 15 109 4 Apr 1 118 4Feb24 130 Feb 23 37 3 1434 106 4 Apr 4 314 Jan Jau 77 »4 98 4 Mar o 404 Apr 18 704 Apr 18 1 45 4 Apr 7 4 Apr 247eMay2': 384 Apr May22 .18 10478 7 7 Apr 18 Mar Si's Ma} 25 May 3 78 Aug 45 19 78 Jan 79 4 Jan 77 May Mar May Ma) Apr 7434 Jau Jau 3 374Jan3l 46 4 Mar28 8", J'ne 6 16 4 Apr 3 68 Ian 10 82 Apr 4 9034 43 Not' 35 Dfo 184 Not 734 Nov 297$ Deo 98 Deo 6638 Nov 105 Deo 5 Not 774 Not 394 Nov 13 4 Nov 75 14 Nov 204 Deo 8138 Deo 94 Feb May Mai Feb }12S Not May 2034 Deo Jan 1064 Left 84 J'ly 4 Not 364 Nov 404 Deo 10 4 Feb 344 Deo 41 8'>8 514 Dec May 334 Deo Jan 100 95"8 Stay 3138M»y2J 39 Jau 3 2234 J'ne 444 700 1034 May 1 10 Feb 20 9708 Apr 116 100 36 J'ue 5 624 Feb 24 18 4 Sep 44 235 Jau 3 260 Feb 21 ((200 J'ue 2.)0 :V.3o6 92 Jau 17 954 Jau 4 85 May 94 4 2,000 152 MBy.;0 184 Apr 6 153 Ma\ 185 20(t 190 Keb23 197 April 180 Aug \98 4 C. Co 94\ 944 9434 est'n Union Tele'gpli 1664168 166 4 166 4 West'gU'se El <teM I'g assen Do iHturef 180 193 4 Dec 4 Apr 3 May 16 804 May 16 115 21 400 18 200 35 163.835 144,200 2,075 Do <fe 244 Mar 42 Nov Not Not Jan 4 Feb 28 Jan 13 3334 3 Jan 1,100 1,600 983gJan 6 pref United States Steel Do pref Wells, Fargo 17 Dec 114 Deo 4834 Deo 934 Nov 14 Dec 6 Deo Deo Not Nov 97 219 4 Jan 11 4134 2234 3 36 7, Apr 14 64 3 9734 Apr 17 40 15(1 .il20 Jan 9 134 Fob 8 100 64 6.700 slO'e May23 14»g Jan 16 7608 1.600 10078 Jan 10 «U0 4J'nel4 Do pref Virginia Iron Coal 4 Jan 354 Deo 9484 3778 210 97»8Jan 7 1114Feb20 80 4 Jan 994 300 140 May22 16138 Aprl5 120 Feb 164 97 4 May 22 107 Apr 17 80 Mai 107 33 May 2 2 494 Jau 4 24 Feb 56 1.944 1,008 2.600 1.400 VIrginia-CaroUna Chem. 34 109 40 250 15 24 94 700 60 100 »4 100 9,700 68 U S Realty & Improve'ut U 8 Reduction <& Refln'g Do pref 27''8 Apr 29 May22 Deo 87 Not 3,950 6,750 6.076 2,110 Rubber Qootis Mfg o 554 Marl7 74 Feb . 3934 J'ne Oct 2138 Not 71 Nof 8234 Deo 2408 l^eo _ 300 8734 Mar 6 994 Apr 14 67 100 230 May31 254 Feb2« 209 1,600 30 May 2 2 403eAprl7 16 300 93 Jau 25 10334 Apr 16 7134 pref Kepubllc Iron Nov Nov Not 4l3b 3,170 1,000 6,00u 1,700 1,800 1,700 1 Do 32 25 M pref National Lead Do Nov Jau 87 Not 59 4 Nov 100 Ii53gjanl0 12034 Marl5 1004 Jan 117 Not 2,60u 184 Jan 31 4 Apr 6 14 Sep 23 4 Nov 100 89 4FeL16 94 Apr 19 75 J'ly }87 Deo 2,800 244 Jan 24 5 1 34 Apr 7 14 4 Feb 26i4 0ct Nat Enamellng&Stamp'g Do 2238 5234 4939 Mar 6 I Do 1^ Oct Nov Nov Deo Deo Deo j220 Feb 250 Feb 17 M Hook. Coal & Iron. Consolidated Gas (N. Y.). Corn Products CoL 94'-, • pref pref American Steel Foundr's. Do pref 944 944 S, 34 4 34 108 H *108 40 •36 250 235 19 1,900 20 J'ne 9 28 4 Mar 7 16 J'ne 1,660 9738J'uel-.i 984 J'ne 5 92,260 7934 Jan 9 1237eAprl3 46 Feb 2,200 111 4 Jau 13 127 Apr 6 8834 Jan 163 May31 183 Jan 21 110 Jan 99 Jan 7 105 4May26 85 Jan 6,610 84J*ne 8 1838 Mar20 34 'n€ 17,960 364J'nel4 67 4 Apr 4 26 -'ly 5,301 130 May22 1493, Mar 2 1224 Mar 200 133 May 10 140 Mar 7 123 Jan 105 13678 May24 148 4 Jan 6 121 'eb 2,280 9i7gJau'J6 99*8 Feb 8 85385 Nov _ fov 3,430 20»8 Jau26 404Aprl8 10 J an 1,000 93 Jau 6 108 4Mari5 69 Jan 3,950 lO0 4Muy22 130 Apr 13 61 Feb .^ 184 4May22 x215 Feb 14 185 ar i',650 lO'gJanlS 16^4 Apr 18 5 J ly 68 Mar 1 60 4 Jan 18 47 7g, 1( Feb 17',476 38 May22 59 Mar24 25 4i JMar 85 Feb 10 105 Mar24 63 Apr 700 1134 May24 18 4 Jan 30 J'ne 8 J l,50u 184'..iMayl5 214 Mar 3 185 Feb 3,110 834 j'ue 8 2234 Feb 7 934 May 2,470 43 J'ne 8 79 Jan 10 C5 liar 3,170 x3478Jan25 47 4 Apr 6 194J'i"'ue 200 76 May23 894 Feb 2 7 82 No 100 60 Jau 11 128 Apr 7 43 4 Nov 300 75 Jan 5 107 4 Apr 7 71 Nov 900 169 Mfty2o 192 Marl6 cl51 J'ne 3,120 184J'nel6 25i8Marll 104 May 300 76 4 Feb t 824 Apr 6 64 4 Feb 60 J'ne b 100 Feb 23 26 Mar 29 May20 4078Feb27 28 Sep 100 78 4May2-.i 8888 Apr 14 71 4 Feb 1,200 544 Jan 25 6638 Apr 3 36 Jan Do 10341034 2734 94 ^250 Feb £> 63 37 h United States Rubber... 37 May Uec Deo Nov Nor Aug Deo l>eo .Vov AND TRUST COMPANIES— BROKERS' QUOTATIONS Ask Truiit Cob. Ask Bid Trust Co's Jiid Ask Ave Tr 575 Guaranty Tr 600 Guar/liau Tr 210 220 Fifth N. T. CITY Bankers' Tr 300 !50 475 Howl'gGreen 207 4 2124 U road way Tr. 165 n:> Central Tr'st 2200 2250 (yOlouial 385 (lommouw'tli lilO Kuipiro ... 240 245 Kijuitable Tr arm Lo di I'l I' (loo 1470 , Law T l&Vi 1050 310 326 Lincoln Tr. .. .'6(r .Mauhaltaii .. 4'jO .VlercaiitUe .. k'liick 'rb'k'r .Mcti(»iH)lit,aii NewYork Tr Real Est Tr't StaudardTr't 1050 1090 730 325 390 410 1667 [671 'J'ltlcGu cfe Tr Tr Co of Aiu. r7704 inon Trust U.-iO isoi) 505 975 (.J US.Utfi&Tr .^.25 Unit States M/0 500 N'den I'l 275 290 Wasluiigton 125 450 Wind.sor 235 1)25 .MorioiiTrusi 000 .Mdt.Alliauct 210 Ask Bid Trust Co's N Y Life&Tr . '25 V'^aii 225 490 1 Trust Co's bin una asked urKitis, uo .lalu.i ou t,hii» day, i Lc*s ihau loo sliuroH. } bale at stock kxchauge or al auction this week. Ex stock dlvideuL ii,x * rixliis. c lix ilivUieu Vva-it (Jo. corliauato,<. t .lllll "J Bid Aalc BnOOKLYN Brooklyn Tr 415 FUitbu.sU 210 Franklin 330 Hamilton 340 Homo Kini?8 L I.sl 345 170 Co L&Tr. Na.ssau People's Willlaiii.sl>'ir. • N.n 574 Nov 38 65 Aprlo Apr 17 36 Jan 19 48 4 Apr 17 11,420 33 Jan 25 614 Apr 13 2,000 10334 Jau 1222, Apr 16 l.OOU 6 4 Apr 29 834 Jan 14 200 100 American Snutt 89 31 27 Jan 13 4 78 104 Union BaK<& Paper 72 Do pref •85 '^236 34 2876 U. 8. Cast 1. Pipe <ft Foun. 91^8 917* Do pref "125 122 United States Express... 1334 sUnitett States Leather... 127e 1094110 » Do pref 122 4125 12 '4 12»4 109 109 85 89 •27 31 62 4 62 4 37^1 374 10278 103 4 273, 28V 4,300 pref Do pref Oloss-Sheffield St. <& Iron Do pref Stan<lard Rope Twine.. 77 Tenn. Goal, Iron <ft RR... 43 4 Texas Pacitio Land Trust -'4 'h 444 «034 72 .. 54 American Ice 38 4 Do pref 20 American Linseed 44 Do pref 4738 474 American Locomotive... 112 112 Do pref •6 64 American Malting 23 4 24 Do pref •97=!, 9734 Amer Smelters Sec pref B H2 112 4 Amer. Smelt'g & Refln'g. 112 534 1 Foundry pref -434 44 47 Do 37 18 40 38 20 110 536 30 \ American Cotton Oil 93 Do pref American Car 404 40 -^ 40 & 3Ui^ -64 5 36 •18 40 pref 33 97 . 220 575 400 Lowest 46 4 May OS Feb 1 39 4 Mar 70 Jan 8978 Apr 14 434 Feb "0 Jan 24 29 4 Apr 15 13 Mar 89 4 Feb Feb 16 7234 Jan <i91 43''g Aprl4 4.250 31 May 2 1434 J'ly 80O 191 4 Jan 2 1044 Apr 6 67 Jan 300 304 May2 38 Apr 3 244 J'ne 20u 93 Mar30 97 Feb 1 8834 J'ne ^209 4 Jau 246 Feb 2 ISO J'ne "406 534 j'ne 14 Jan _ 5 Aug 90iJ 6 J'ne 114Janl4 2^ Jan pref 33 97 93 220 97 225 6 1104 1104 BANKiJ Union EicM 1201 374 Apr 12 4334 Apr 22 4 Jan 13 34 4 Ma5'2'J Jau 25 1,150 105 J an G 5(10 100 149,970 Amalgamated Copper loo AmerAgricult Chemical. Do 34I4 97 4 99 240 71 '8 71'8 2^34 28 'e *91l8 92 -1224 125 12 »8 1234 '•J Sltlel 4 J 341. •974 98 1114114 98 1141... •86 91 •85 •26 "a -ZH 27 4 28 •27 60 62 •604 62 604 61 6m> 'v S 38 39 4 38 39 37 •» 3)534 •37 104 104 S. -103 104 >a 103 4104 103 4 27 14 'iH\ 26^6 28 27 4 28 4 273, 94 9334 il5 U.i 96 14 ».J7e "a 94 4 34 3334 333.1 35 34 4 31 '8 344 I08 108 •108'4l0i)4 108 107'-jl07>., •38 '3613 43 43 40 40 36 •.i40 '235 250 250 •235 250 235 93-\ j:v->t 9313 9;iV KSHi 94 94 •105 100 166 167'4 •166 167 4 •166 '4 We»t 344 973 97 Do 24 304 304 3138 6 63j 31 •97 34»8 240 514 014 *514 794 79"e 794 67 78^8 79 •22 2334 SO's. 6 71 71 907g 913^ 125 *51 1 *40ia 44 K 10 70 29 9 «69'>4 52 •225 76 Sj 79 llh 76 •41 30 14 H3 42 •34 1 500 700 Express Uis-Chalmers 15 55 79 "8 2^ 30 Highest MUcvll tfe Adams 251 8 •10."i IOI4 *14 11134 112-'4 112 il8\U9 11838 1 IS'4 1184 118'8 '1184118«8 118 119 •165 175 '167 180 'lt>7 175 167 175 167 180 •105 -1014 1014 105 103 IOI4 8 4 10 11 4 9 94 10 11 39 364 38 14 37 37 40 41 354 40 43 134 '4 135>4 13338 1344 134 134\ 13441344 1344134'-, •1324136 135 135 135 135 *139 141 *140 141 JI4II4I41I4 -139 141 >140>ul42 •954 964 9»'4 98 14 (i9S'4 9814 §98 98 981* 98 3234 32 4 32 7e 3^3^ 32 4 321., 3234 32 4 321a 33 102 14 10238 102 4102 4 1024 102-'4 1024 lO^-ts 103 103 102 4103 1024 102 iv I05>4l06'e 103 4105 4 103 101 -185 200 180 195 *183 195 185 200 130 195 "154 •154 164 16 164 1534 16 164 15»» 15 •59 59 63 •5934 63 •5734 63 63 '5734 03 4134 43 42 4178 424 424 4134 42 4 41^8 43 14 k 100 * 100 100 95 loo 13 13 13 4 •'124 13 14 124 13 I4 1215 133t -12 •166 188 187 188 18u 41S734 186 4 186 188 188 •9 934 10^4 104 10 104 104 4 10 10 H 10 »46 49 •46 4 474 •46 4 48 474 48 49 47 424 42 14 42 4 43 42 -J 42 4 424 42 4 43 43 7834 80 n^ 80 80 •76 so 78 * •95 •..•111 loo 110 HI 100 110 •90 '91 -90 93 94 93 93 93 92^8 93 176 176I4 1764 176 4 •174 176 174 176 17434 176 19 4 194 184 184 184 184 1934 19 18 4 19 •77 79 794 794 79 784 7SI4 *78>a 79 H, •55 •65 85 85 50 85 -65 85 •55 •27 27 30 27 30 27 30 30 •27 30 •78 4 79 784 784 •794 80 •784 79 79 61 1* 6II4 6038 60 4 60'g 614 60^8 610b 6I34 6I34 110 110 117 lis 116 117 110 117 117 117 24 24 24 224 23 20 21»8 24 24 24 4 *a84 92 89 924 -89 92 4 89 4 89 4 •88112 92 44 45 •44 45 4434 443, 45 4434 45 45 • 104 104 1044 104 105 105 104 105 a04 105 •145 150 147 149 •145 150 14838 145 145 150 99 98 99 9914 99 99 98 "a 99 li 984 y»'--' 38 4 39 384 39 39 39 •38 39 38 la 39 1014 10141014 10138 101\ 101i4l01''e I0II4 1013, 101 •174 16'4 1634 18 *17 17 18 •174 1734 734 744 73 14 734 ri% 73 Bg 734 7a'a 76 75 H) 37 1« 381.^ 37 4 374 •37 374 •36 '4 374 364 36 4 *92 924 •914 924 •914 924 914 "l"* 92 9j 237 237 •232 236 234 240 • 235 239 240 '236 3034 31^8 317. •31 32 3l\ •31 32 31 Hj 3178 97" 96^ 0638 9508 96 •96 •9614 97 96", •93 174 17»e 17 la 17 '8 174 IT '8 174 1734 •17 4 1734 •73 4 74.; •734 744 73 4 74 "4 7238 74'(. 734 74 3134 32 4 32^8 334 32*8 324 33 Hi 3334 32 4 32 101 10138 la 101 »4 1014 JlOl 101 102 101 1 01 H, 101 J4 734 734 734 734 724 734 71 75 73 73 100 108 100 108 •100 130 100 108 100 108 II8I2 11834 •167 InduHtrial 'J43 16 97 11234 H2'r2ll4V Lowest '4 251 344 974 4>534 22 Shares 34 4 -14 98 '21 9739 Week EXCHANGE 56 14 '243 •i5\ I912 34 37 564 250 9734 "IS •40 38 1438 15 34 6 3434 '243 234 *5 •35 -33 38 •52 15 250 23 4 1103, 111 5i<i 6 53, •21 •1438 •51 TS^e 40 '8 413t >-. 534 243 25 6:'4 407f 6 37 K IH^! •434 813f. 31 31 -92I4 1(10 '225 240 6 •o'a 313f 534 634 48«fc 804 Sj 56^ Eange lor Year 1905 Kange lor I*revioui On basis o/100-share lots Year (1904) 1 23 22 V, 15 511* *22 •22 38= ?51i8 *14><i 15Si the 3 1!' 3834 1534 250 243 251 Friday June 16 Vol. lxxjl 2 Sales ot STOCK 34 34 Toledo Railways & Light 37 3834 Tol. St. L. <fc W. V. tr. ctfs 38 66 14 55 553. Do pref. vot. tr. ctfs. llli4lU'4 'IO934IIII4 10934 1114 Twin City Rapid Transit. 341^ 38 STOCKS NEW YORK . Aprl2 32 Feb UOHj llOhi 1224 Apr 4 87 4 Feb Do pref Mario 158 Aug ^a')334 May 17 158 267,425 113 Jau 6 1377e Feb 25 71 Mar 1221a 12418 122 14 1234 12158 1234 1223gl234 anion Pacitic 98I4 9634 98 14 *96 96'8 96^8 •9534 983, Do pref 200 96 Muyll 101 -8 l'Vb21 xS6 4 Feb 43 'v U nitKyslnv't of SanFran l.lMli 43 4134 4134 214 Jan 4 .50 Mar 30 414 42 4 42 4 43 Feb 9 8li« 8II4 a;804 80 7g HI4 814 82 82 Do pref 1,450 64 4 Jan It; 89 Mar 31 42 4 Apr 82 82 79 •8O34 SO 4 J'uo 8 8I34 .J'ne 1 4 83 United Rya of St Lou. prel 14 801a 82 14 -804 '4 1.S34 1«34 184 19 Wabash •18 1,100 17 4 May2.i 23 »6 Feb 3 15 May 19 19 19 73^ 39 3334 3834 80m 37 May23 48 Feb 23 32 Feb 374 38 Do pref •371a 39 15 16 15 16 Wheeling <fc Lake Erie... •15 3011 15 16 15 May 1 1934 Marl 3 144J'ly 15 •38 38 la 39 38 40 *37 39 39 20(1 36 Do Istpref May 4 48 Feb 37 J'ly 22 22 22 "a 23 •22 23 23 23 20 May 4 2s 4 Maria 21 4 J'ne Do 2d pref 14 2234 2314 234 2334 Wisconsin Cent. v. tr. cfs. 9,810 20 Apr '.^9 25 4 Feb 16 16 J'ue 22 4 22-\ 2134 23 •46 "a 48'^ 48 '8 49 49 51 604 614 Do pref. vot. tr. ctfs. 4,250 45 Jan 13 544 Feb 17 37 J'ne 56^2 1103^ 111 121»i. 4m 80^4 38I4 56'4 373, sen 56I4 123 1« 344 •334 3412 843, 37 H 56I4 JuTie 13 June IS Thursday June 15 Wednesday June 14 Tuesday Monday . 450 3(10 26.) 325 270 3;!i 235 IlfflltS. aauK.-) marked with a paragraph (H) are State bank* 4 A ^ . N S ' E"ew York Stock Exchange— Bond Record, Friday Weekly and Yearly OCCUPYING FOUll PAGES a BONDS ^ o STOCK EXCHANQK ^ c "N -. WKEg Ending June 16 N. Y. J*rice Week's fYidav Range or Last Sale June 16 Ask Low Hid JJiyJi BONDS Range N. Y. January Ao Low Price STOCK EXCHANGE Week Ending June 16 Since 1 Week's Range or Last Sale fYidav June 16 •^a. Range Since January X Central of Ga—rCo7i«Mmct<; Bid Ask Low Hifih A'o Low High Cliatt Div pur mou g 48.1961 J -I) 9234 94 '2 Apr '05 9413 95 JJ Mac& Nor Div 112 J-J Ist 58.1946 104 g Feb'u4 U J 105 104'r?J'ne'05 10412 10638 MidGa<fe 11234 Atl D1V58....1947 J-J 102 J'ne'99 U S 38 registerea b 10414 10334 j'ue'05 kiaii10334 10434 Mobile Div let g 5s 1940 J-J 1131a I0714 Aug'04 U S 3s coupon 1 104^4 104»4 J'ne'05 fcl91b 104 106 'JentofN J gen'l gold 58.1987 J-J 136i4l37if, I36I4 J'ue'06 134 13634 U S 3s reg small bon(l8..A:]91i< yy b 107 J'ne'02 Registered 135i4Sale ;i.l987 y-j 13434 1351. 1331413513 U S 38 cou small bonds.. fcl91i- b 103 1^.... lOl^jDec'd* Dockife 11438 Inipgu 5s.. 1921 J-J II412 II412 11234 115 U S 4s registered A1907 V J 104 U)i\ 104 J'ne'05 104 106 Le & Hud R gen gu g 5s 1920 J-J 10534 U S 48 coupon M907 ^ J 105 105 104^4 Apr'ti 10434 lOjTg Leh <fe Wilks B Coal 5s. .1912 M-N 104 1041a Mar'()6 10334 1041a U S4s registered F 132 132^2 132'2Mar'06 192f) 13212 133 Con ext guar 4138 1013j firl910 Q-M 10134 Sale 101 la 10112 10278 132 14 133 U S 48 coupon 19'2,'i V 133 13^ 13214133 Y & Long Br 106 gen M-S 48 1941 g PliUippine islands 4s. 1914-34 y f 108 .... 109 J'ne'05 109 110 Cent Pacific See So Pacific Co Chas & Sav See Atl Coast Line JH'oreiprn Government Clie8<fe01uog68 8er A../11908 A-O 10638 106 May '06 ,^^, 106 108i« Japanese Govt 6s sterl'g.l911 A-0 10034 Sale 10034 10H4 379 n., 94^10.^ia Gold 6s ol911 A-O 109 14 10834 May'06 IOK34II1 l;d series 6s ctls lull paid 9938 Salt 99>.. 1009 98 <4 Isiconsolg 58 1939 M-N 11734 11812 117«8 1173, 11714122 £ iorju i^H clls full pd.l925 f"-a 93 »8 Sale 90 14 9;;i4 lOfSO o^^-'^J^l^ Registered 116i4May'06 1939 M-N 116 II6I4II6I4 Eepub of Cuba os exten debt.. M-ft 106 '4 Sale 106 01 in§i ,?,^^ 106'^ 10734 General gold 41^8 M-S Salf 1992 1071a 10734 24 10534110 U s ot Mexico s 1 g 58 of 18911 V-l 1 00 'g Salt nioi4 IOO'h 16, l^i^^ Vl^ Registered IO634 103 Apr'Ol 1992 M-S ^S^"* Gold 48 o£ 1904 9314 93 "s 9314 45 ^JH^ 933. 1954 J-D 92 II3I4 Craig 90 VaOeylstg J-J 58.. ..1940 113 Mar'05 113 113 t/ iiese are pi 'ces u n the o/$bto£. R<fe A Div 1st con g 48.. 1989 J.J 104 Sale 04 104 1111=8 104 State Securities 2d 9812 consol g48 1989 J-J 98 Apr'05 97 Alabama class A 4 to 5 inn 101 i^i-, 98'a 102 19Ui J-J lOlVi Jan'05 101% UOI2 12 Warm M-S Spr Val Ist II314 58. .1941 Feb '06 g II3I4II314 Class lios 109 '4 Oct '00 19U( J -J 102 '40 M-N Greenbrier Ry lstgug4s "2 Sep '04 95 971s Class C 48 100 1901 J-J 102H2Mar'0^ Ohic & Alt RR ret g 3s... 1949 A-O *8l34 86 4 85% 8414 8634 Currency funding 48 192( J-J 11 1 Mar'02 bOl4 81 Kailway 1st lien 3 las... 1950 J-J 81 81 80 14 83 Disl of Columbia 3-658 1924 K-A 11934 Oct '04 *80 Registered J-J h0i4May05 1950 80 14 80 14 Louisiana new consol 48.. 191 J-J 1033b. 105 S Dec '04 Chic B & Q— Ch & la D 58 1906 10434 Apr'OO North Carolina consol 48.191(i J-J 103 103i4Dec'04 103I2 iu2 Denver Div 102 48 1922 102 101 103 191'.t 127'2. 68 1361-2 J'ly '01 Illinois Div3ia8 9738 97 '6 97^8 J'ne'05 1949 J-J 951-., 98 6oCaroUna4'2s20-40 193;^ J-J 120 Mar'OC Registered.. 1949 J-J i)6i8Peb'05 9618 96% Tenn new settlement 38.. 191;^ J-J 97 97 iliij'06 •3ii 97 Golit 4s 108 J-J 1940 10534 Aug'04 Small J-J 97 its ''2 Dec '(M Iowa Div sink fund 5s..l91i A-O 10b34 1IOI4 Jan'06 IIOI4 IIOI4 97^4 Virginia fund debt 2-3s...l99] J-J 'J712 10 97 97'-.: 9712 10134 Sinking A-O fund 4s 1919 .. lu3 J'ue'05 103 1U3«8 68 deferred Brown Bros ctfs. • -•> 16 ll'aJ'Ufc'oo 10 IS'e Nebraska Extension 48.1927 M-N 107 06 14 J'ne'05 IO6I4IO8I4 106 IVl-N Registered IO6I4 )06i4 1061a 1927 14 Sale 1061. Itnilroad Southwestern Div 4h 1921 .M-S 100 100 Api'06 100 100 Alabama Cent Hee So By Joint bonds See Great North labaMidl -See At Coast Line Debenture 6s 1913 m-a 10534 . 108 Apr'05 107 10812 Albany & Susq Hee Del & Hun Han <fc StJos consol 6s. .1911 .VI113 113>2 1 1234 J'ne'uo 11134 1141* Aiieglieuy Vailey 6'eePeunKl< •'8.... Cliic& 104 E 111 Ists four 68.1907 J-D 10734 Muy'05 l'J5 10734 AUeg & West Hee Bull R & 11st consol g 68 1934 A-O 137«8.... 137 la J'ue'06 133--2 138 Ann Arbor Ist g 48 IOC's Sale 100 v, 100 iv /il99i> ^i-J 9612 100 la 119 General .VIconsol IVOI4 .... 1st 119 58 1937 118 122 Atcli T <fe S Fe gen g 48...199r. A-O 103 >a Sale iU3l8 1033, 10134 105 Re«i8tered 193 \1-N 119 la Mar'Oo UOiaUgia Kegistered 1990 A-O 10234 May'O 100 -2 10234 Chicife lud C Ry Ist 58.1930 J-J 120»8l22 12li4Apr'06 120 I2114 Conv g 4s (subscrips)..195 loo 34 Sale IOOI4 10034 100 10312 C'lucago «fe Erie Sec Erie Adjustment g 48 9 6 Hi Salt /il99u -N'ov 9614 97 !I4\ 9734 i;hic Iu<fc Louisvref 6S...1947 J-J 135 I3714 135 Apr'05 134 137 Kegistered /il995 Xov 97:isFeb'05 93 la 9 7 3b Kelundiug gold 5s 1947 J-J 114 114 May'05 114 lloia Stamped /(.1995 M-N 95 9469 94 -^ 94 98 LouisvN AcS;Chlsl6s.l910 J-J 110 <4 ll0i...Apr'0.T logiallQia Debeu lures 4s Series E. 1907 F-A 100 >2 9958May'05 99=8 99'8 lac Mil & St Paul con 78 1906 J-J 187 Mar'05 178 187 Series F 9908. 99i2Nov'04 iyo8 Terminal gold 68 1914 J-J 11034 11134 J'ue'05 10934 11134 Series (i 99^4. 99 14 Dec '04 lyo; F-A General 4s series J-J la J'ne'05 g A..el989 1121a 112 112 1137, Series H 99 12 J an '06 lUlu 98\ .'. 991a, 99 12 Regi8tere<t 111 el98i) 109i2J'ne'04 98 Series 1 1911 98i2Nov'0-l 1*. General g 3 128 series B.el989 y8'2ioo'i2 Is Jan '06 98 Series K 97^4. 981s 98 1« 1913 97 Oct '04 Chic& LSuDivgos 1921 J-J 116I4 ....• 1 1 634 Apr '05 II634 11534 East Okla DiT Ist g 4s. .1928 98 14 J'ne'05 99 98 14 99 14 119 Chic MoRiv & J-J Div 58... 1926 'a ll'J»8May'()5 1 19 la 120 Atl Knox<fc Nor Ist g 58. .1940 J -D 113 112i3Nov'04 Chic& Pac Div 6s 1910 J-J Ulia 1111-. 110 Atlantic Coast Ist g48./il9a-. 102 Sale 102 42 100341031a 102 Chiccfe P Wist g 5s 117 J-J 1921 117 J'ue'O 11719 116 Cliarles & Sav Ist g 78..193b J-J 145 15012 Dak <fe Gt So g 58 1916 J-J 11238 112 .Mar'05 112 112s 8av F & Ist gold 68.. 1934 A-O 129 >« 25 Is Nov'Ob la Far <fc Souassu g 68 132 J-J 1924 137iaJ'ly'y!i Ist gold 5s 1934 A-O 114^8 11218 Jan '04 Hastifc DDivl8t78 1910 J-J 115 14. 115 38 May'05 11434 117 Ala Mid Ist gu gold 58 192b .\i-N 11334 11414 Oct '04 106 Ist OS J-J 1910 14 106 Aug'04 Bruns & 9914 Ist gu g 48 193b J-J 93 J'ly'04 I cfe D Exten Ist 7s 185"* J-J 1908 185 Apr'05 i83«8 SU Sp Oca & G gu g 48 1918 J-J 98»4 0734 Oct '04 LaCro8se& D Ist 5s 1919 J.J I'm -5 ll»i llS^s May'05 Jltlantio & Danv Hee Soutb Ky Mineral Point Div J-J 106'8 1910 58 . 106"8Apr'05 l56<%106« Austin <fe See Sou Pacific So Minn Div 1st 68 1910 J-J Ill . 111 J'ne'05 IIOI4III 96I4 9634 Sale Bait<fe01uoprlorlg3»28.1925 J-J 9678 62 94 la 96'! Southwest Div J-J 1st 1007b 68 1909 110 May'05 109 Registered 14 110 A1926 y-J 96 NoT'04 Wi8<fc MinnDivg58 J-J 11638::;::: 1921 J'ne'05 lu4i« 1161a Gold 48 A-O 1151a 1163* /il948 Sale lU4i« 104 12 2b 10238 10513 109 No Ist & J-D L 68.. ..1910 14 1 12 'b Apr '05 Il'ji8ll2i« Registered ftl948 y-J 103 May'05 103 104 Is Ist consol 6s 1913 J-D 114l4il6l4 116if Jan'05 116i8ll<J"« Conv deb 48 1911 M-8 110 105 May '06 105 IIOI2 Chic &Northw cons 7s y-F 12738 1916 127 May'05 I26I4 1291a 1281a 14 91 P J nn Div Ist g 3 'a8l925 M-N 92 9134 May'05 91 la 93 S Extension F-A 48 1886-1926 1051a Dec '04 1041a P L E <fc Va Sys ref 481941 .U-N 983^ 9812 983^ 98 la 101 Registered 1886-1926 F-A 102 "b May'04 South w Dlvl8lg3»as...l925 J-J 9234 Sale 9238 9234 92 93 la 99 14 General gold 3 las 1987 M-N 99 la May '03 92i« 9014 J'ly'02 99 la 101 Registered /tl926 "" 99 Registered y-F »198 14 " 103 Nov'98 Monon Kiv Ist gu g 58. .1919 ^:i 1071a 105iaMar'u4 Sinking fund 117 A-O 68.. .1879-1929 118 118 117iall8 Cen Ohio B Ist cgi'us.. 1930 M-S 109 Apr'06 109 109 Registered 1879-1929 A-O 117 117 Feb'05 117 117 Pitts Clev & Tol l8t g 68 1922 A-O 121 1 1 9 12 Mar'04 Sinking fund 08... 1879-1929 A-O 111"! . . 110 la Apr'06 llliall3 Pitts & West Ist g 48.. .1917 J-J .100 9734 .Muy'uS 9734 98 14 Registered llOia A-O 1879-1929 107 Mar'04 J P <fc Co certfs 99 May'05 99 99 Debenture 58 1909 M-N 10334 iosa, 10534 J'ne'05 i'o'iia io6*"t Bat Creek & s Hee Micb Cent Registered lOlia M-N 1909 104 Mar'04 Beech Creek See YC& Debenture 58 1921 A-O I12iasilfc II213 1121a iVii^iiaii Beller <& Car -See lllinoie Ceni Registered 1921 A-O llOia 10334 Jan '04 Bklyn & on tank Hee hong 1 Sinking fund M-N deb 117 1933 58 117^8 117 1191^ Bruns & West Hee Atl Coast L ^ 117 May'05 Registered 1933 M-N 116 115iaApr'0& Ueiallfiia Buflalo ii Y <fe Erie See Erie Des Mo & Minn Ist 78.. 1907 F-A 103 14 Buflalo R <fe P gen g 68.. .1937 M-S 1201a. 1201a 12068 1191-^12112 MilwA Madison Ist 6s. .1906 M-S 101 Is 104iaNov'04 All & West Ist g 48 gn..l998 A-O 991a. North Illinois Ist 58 1910 M-S 1051a 105 la May'04 '103" Aj>r"'97 C1& Mahlstgug5s....l943 J-J 116 Ott C F & St Paul Ist 5s 1909 M-8 '1O4I4 106 May'05 104i8l07ia l'-i5l4. Eoch & Pitts 1st g 68. ..1921 124 la Apr '05 24 1 12612 Winona <fe St Pet 2d 78. .1907 M-NJ 107 IIOI4 Mar'05 Consol Ist g 68 11014 U014 1922 J-D 126 ^ 126 ilar'05 12434 126 Mil L S <fc West Ist g 6h 1921 M-N 112776.:::: 1277g 12778 Butlalo (& Southwest See Erie 1277el30 Ext <fc Imp 8 fund g 58 1929 12014 119i4Nov'04 Bali A Susq 1st ref g 4s.dl951 J.J »2 100 »9ia 991s lOOia 98 1001-^ Ashland Div Ist g 6s. .1925 M-S lai ....: 1421a Feb '02 Bur Cedar R <fe No Ist 68.1900 J-D 10034 .... 10114 10114 10034 102 12 Mich Div l8tg68 1924 J-J 132 14 131iaJ8n'05 131 Hi 131 >a Con Ist t& col trustgCa.. 1934 A-O 11914123 ligisJ'neOS 1181*12112 Convertible deb 68 1907 F-A 101 ....: 103 Apr '04 Registered 1934 A-O 118 .... 1201a Mar'Oo Incomes M-N 103 1911 109 Sep '03 Wl8tga68.1921 Ulia.... 112iflSep'04 Chic Rock Isl & Pac 68. ..1917 J-J i'^a«8...:: 12212 126 1237e Apr'05 at L let gu g 78....1927 J-D Registered 1917 J-J 120^) 123 May'05 123 123 1908 J-J ioi'iaiois^ ib'iiaJ'ne'oS Canada South Ist 58 General gold 48 1021a 104»8 J-J 107 ]!l988 H: Sale 1071a 2d OS 1071a 1913 M-S lots 107 106*4 J'ne'05 104141071a lC5ial09 Registered J-J 1988 107 Jan '03 M-S Registered 19l;i 106 Apr '05 105»4 106 Ist & refunding g 4s 1934 A-O "9 6 i^ Salt 90 963< 175 95 99 1« Carb & Shawn £ee 111 Cent CoU trust Series C 48 .. 1905 M-N 101 14 Sep '04 Carolina Cent See Seab Air L H48. M-N .1910 96 Si 97 J'Iy'04 Carthage & Ad -S'ee Y C «fc M48 94 , 1916 M-N 96 May'04 Ced R la F & N <i>ee B C R <fe N N48 1916 M-N 931a....' 93 May'04 Cen Branch U Pl8tg48...194b J-1 81 94 Jan '05 94 94 48 M-N 93 1917 94 Dec '04 Cen Branch Ry SeeM.0 Pac P48. M-N .1918 9234 .... 90 May'04 Cen RR <fe B of Qa col g 68 1937 K 112 Apr '05 110 112 Chic R I & Pac RR 4n..2002 M-N 81 Sale 801-2 198 79 Cent of Ga RR Ist g 68../>194;"j 85 A 119" II912 J'ne'05 121 12 119 Registered M N 70 la Sep '04 2002 Consol gold 58 M-N 1946 1131... Vii" II312 11334 113 II6I4 Coll trust gold 58 M-S 1913 941*, Sale 93 14 94 53 Registered 18 1946 M-n i)T^ 901a 107 J'ne'04 Choc Ok & G gen g 5s .01919 J.J 108^4 1101 10 lb Apr '05 Ist pref income g 68 110 115»4 pl945 Oct 97'4 961a 97 14 3-.; 90 9714 Consol gold 53 M-N 1952 11084 1 15 Ap: '05 2d pref income g 68 lis 116 pl946 Oct 83 ^e Salt 8334 8434-, 96 67 Keok & DesM IstSs 85 1923 A-O 109 1 09 14 .May'05 3d pref Income g ob 109 llO'i ;»1946 Oct 71 Salt 7038 72>2|22y 621a 73 Government U. S, S 28 consol registered. ctl93(» Q S 28 consol coupon dlOSl^ y J <~l. 104 104 la 104 104 1041.^ 104ii2May'05 JJig/i ,„,, ,„ 104i2l047g Am ',' i-j <'i N 1^ , , AO . FA FA . , 1 JU FA FA FA FA , . n . MS MS ms. UIH W W . NW 4 M MU &M W ." M N H M . FA --i FA CRIF&N M& AO N H .lUSCELLANEOUS BON D.S—Continued Street Unilway Brooklyn Rap Tr g 5s 1946 let refund conv g 4s 2002 Bk City Ist con 58.1916, 1941 Bky Coifc S con gug 58.1941 Bklyn Un El 1st g 4-5s.l95o Kings Co El 1st g 4s 1949 Stamped guar 4s 1949 Nassau Elec gu g 48 1951 CoDijRy& Llst<&refg4ias'51 A-O IO834 J-J J-J 1st con g FA FA FA JJ J-J 4ias.l5i3: J-J Havana Elec consol g 5s. 196'^ Louis Ry Co Ist con g5s..l93(. Jklet St Ry gen col tr g 58.1997 Bwayifc7thAvlstcg5sl94;, Col&9thAvlstgu g 58.199;^ •iio price Friday; latest price '4 Sale Sale 1« M-N Leu Con Tr Co Ist g 5s...l93:i A-O Den Tram Co con g 6s..l91(i J-J MfetRyCo 1st gu g 6s. .1911 J-J Let United 88 109 liO 93 93 110 93 la 12 IO8I4 6 IO8I4 11234 88 88 la 179 83 14 897b 10838 .May06 1(1838 l(i8\ 106 Feb'05 106 106 U0i4J'ne'06 109 '4 II3I4 Salt 10834 92'2May'06 93 93 K 8834 Salt 8734 100 ly 1021, 101 la 95 93 bOia 87 101'., 98 95 J'ne'OO 9534 May'u5 93 93 911a 96 14 92 9.{ 95 i-j 91 101 la 96 H, 92 la 94 1(19 Mai '9b ii4"" n6-'4 Sale 116 IM! 114 11634 1163j Hi* 1201-2 May'06 1 1 634 1 20 S llO^ig 1213^ Una weet on Next Pane. J^treet tCallw-ny a Due Jan a Due Apr e 120'v Due ..lay I Ry—C Con; Ref g 482002' Lex Av & P F Ist gu 6.S 1993 .Met St 9034 Sale 120 97 ',' Third Third -Met Ave RR con gu4s 2000 Ave Ry Ist g5.s..l937 96 U9 WS El(Chic)l«tg4.s.l93b " Mil El Ry & L 30-yr g 6s. 1926 Minn St Ry Ist cou g 5s. .1919 St Jo Ry Lt ist g 5s. 1937 St Paul City Cab con g 6.S.1937 Underground Elec Rys of Lou (Ion Profit sharing 6.s...ls<0b Union t,l (Cine) l.st g 5s.. 194.. i'0'9 10978 H&P L'uited L'uited W 115 98 Rys St L "ss''-: 4s. 1934 86 'a 1st g cons g 115 \ iio" 98 14 Sale .".s. r.i;;i <in« and Electric l^iKlit Atlanta G L Co 1st g 6,'<...1947 yDuejue /iDuejly 96 96'4 118 14 Apr'05 96 Feb'05 1 06 Oct '99 lu6iaNov'04 9734 109 4.S.1927 -Itr-yr 907^ 105 20 90 941a 117 120 4, 94 'g 9718 IIGI2 1181a 90 96 24 97 lOOV, 3; 8714 861s 100 RRs San Frst Chic bt 9014 120iaMar'05 88 89 99 la J'iy"'(j4 93 Deo '99 88 \ May'Oo Dec '97 i/i" 89-'^ .1-1 « i>ue .\ug oDue Oct p Due Nov «Option saJ* H S 1 Bond Record— Continued—Page 2 2444 STOCK EXCHANGE Week Ending June 16 ChlcfcStL. See Atcli'V & SA Chic St L & N O See 111 Cent Pitts See Penn C( Cliic St L Chic St P M & O con 6a... 19:5(1 N. T. West Indgen g 6s ijiy;-!!. Mich See Pere Marfj Chic <fe Choc O & Gulf See C R I & P W H&D consol s f 73...1iHi." 19:^7 2(1 gold 4H2S CinD Jfc I Ist gu g 5s. ..1911 l8t gu g 4s.l9uK Cln I C I St L <fe C S«e C G C <£; St L Cln S & O S^e C C C St li OlearUeld & Mah See B R <fe K Clev C & St L gen e 4s 1993 193!Cairo Dlv 1st gold 43 Cln &W Cm Cin Wcfe MDivlstg43.199] Bt L Dlv 1st col tr g 4s. .1990 Registered 199(1 Spr & Col Div Ist g 48.-1940 Val Dlv 1st g 48.. .1940 W WSt C I I^ & C consol Last Sale ^ak Low \^,^\ J.D 93 35:0 136 93 .... J'ne'05 Dec '03 J-J (J-M 114 J.J A-O 95 J-J 95 9o 115 .... 100 14 May'05 . 116 . Vl-N 1041a Dec'03 113 Oct '()0 . no5 liSSaMay-OO 99 May'05 9718. J-J J. I) 102i4Sale J-J J-J 101 101 J-J '•9 9934 Feb '05 10014 941-2 Aug'03 Jan '04 104 101 Q-F 105 103 114 J-J J-D J-D 102 >4 1021. 101 May'OS lOO^gMar'O 101 la 102 100 Oct '04 101ial02 M-N M-N M-S lOlSg J'ne'05 114 123 J'ne'Ou l^O^!. 13434 135 May'05 . , 100 75 i: M-S M-N J-D J-D J-D ' J-J Mb& IOOI4 100 W Des M & Minn See Ch & N Des Moi Un Ry Ist g 53..1917 Det M & Tol See L S <fc M So Det & Mack Ist Uen g 43.1995 1995 Gold 48 1951 Det Sou Istg 4s Ohio Sou Div Ist g 48. ..1941 Dnl<& Iron Range Ist 58.. 1937 <& J-J J-J J-D J-J M-N 84 116iall6ia 75 Sf 95 7334 90 ^4. 77 95 la A W 102 108 W Ist ref 58.1937 2d gold 4>28 193 1940 Temunallst gold 5s.. .1943 Regis «5,000 each...] 94 MldRRotN J I8tg6s.l910 lOl's 108 14 108 108 108 • 100^4 Sale 90 91 93 »8 101 la. 991a 91 d7 IIOI4 126 129»4 130 130 129m30 U2i8ll5 103 102 Apr'Oo 134 la 103'ii IbsU 100 108 108 J'ne'05 100^4 J'ne'05 10214 1091a 110 9818 10034 89 94 la Sep '04 Carb& Shaw May'05 May'05 115 14 J'ne'05 J-J J-J J-J F-A A-O J-D J-J M-N A-O ligia May'05 108 la 107 114'2 lOts^ 114S. 105 11334 J -ly '04 llOia IIOV 11412 1141a 95 70 90 97 84 114 116 961a Illiall5i4 May'05 103 Feb '05 135 134 la May'05 130 Aug'03 130>a 102 102 H 102 102 14 "^i 94 "4 Sale 981a Jan '04 93^4 94 ^i .;6 19(j >.. 10234 J'ne'05 1341a 1341a 118 J'ly'04 116 J'ne'05 115 105 ...1953 J-J F-A 101»al04 109 F-A M-N M-N A-O WUkife Eal8tgug58.1942 J-D Erie <fc Pitts See Penu Co 1171a 109 109 .... llOiaMaj'05 1 17 la Jan '05 109 -e 1171a 1171a IIOI4 Jan 109 112 103 J'ne'05 ibo "ios" IIOI4 IIOI4 1131a Mar' 00 11014 110»4 Apr'05 Mar' 03 . 10618 May'05 . 102 Oct 101 la 101 la ibs" ibfia '01 1041a 106 103 lu3 1051a J'ue'05 103 103 . 941a. 90 953, May'o; 9434 1951 1951 1951 Meinpli Div 1st g4s...l951 St L Sou l8t gu g48 1931 Ind Bl <fe West See C C C <fe St L IndDecife 1st g 5s 1935 Ist guar gold 58 1935 Ind 111 & la 1st g 48 1950 Int<fe Great Nor lstg6s.. 1919 2d gold OS 1909 3d gold 48 1921 lo'iva Central 1st gold 5s. .1938 Refunding g4s 1951 Jefferson RR See Erie A & G R see L S <fe s Kal an & Mich See Tol & O C K C Pt S & See St L & S F K C <fe R & B See St L & S F Kan C & Pacific See K&T Kan City Sou Ist gold 3s. .1950 Registered 1950 Kentucky Cent See L <fe N Keok & Des Mo See & St L KnoiviUe & Ohio See So Ry Erie <fe Wist g OS.. 1937 Lake 2d gold 53 1941 North Ohio 1st gu g 5s.. 1945 L Sho & Mich S See N Y Cent Lehigh Val (Pa) coU g 58.1997 85 la 86 96 Mar'05 101 Is Oct '99 9512 96 .... 100 1104 Jan 103 W 9618 May'99 Jan '05 Nov'04 123 86 85 100 Nov'OO 106is.... 109 1« May'05 12156---. 124i2Apr'04 1031a 90 Nov'98 12314.... 125 Feb '05 12018.... 11934 Mar'04 94I4.... 93=8 M»y'04 Ist g 43... 1932 O g 5s.. .1951 103 103 1061a Mar' 03 . 82 Chic St L<fe X Registered Gold 3ias Registered 109 14 107 14 10034 I'iO 121 101 Sale 80 Sale 1121^113 85 109 Is 109 4 123^ 125" llOiallOia '05 103 Nov'04 106 Mar'04 107 la Dec '02 lOOia May'05 1201a May'05 lOlSj 1011.2 9968 80 79 1123j J'ue'On 85 Apr'05 71 63 71 14 Oct '00 1004 11914122'a 100 IO314 7038 SI 1121a 116 89 85 M M M Leh Val 71 Sale 118^8. ... 1191a 1191., II6I4 Apr'0.5 1161a.-.. 110 11818 I'iiO Feb '05 109 ^8 Apr'05 IIII4 11238 1121^ May'05 105 Jan '04 II913. II9I4 May'05 no's. 109 la Oct '99 II412. 115 J'ne'05 99 99 Jan '05 N Y Ist gu g4ias.l940 l(Wiall0i4 '05 lOy'b loa^g NY&RB 105^8 ^ 1st g 5s Gns and Electric Light Bklyn U Gas Ist con g 58.1945 M-N 113 Buffalo 1927 NorShB Istconggu58ol932 Louisiana* Ark 1st g 58.1927 Liouisv & Naahv gen g 63.1930 Gold 58 1937 Unified gold 4s 1940 liogisUired 1940 Coll trust gold 53 1931 6-20-yr col tr deed g 4s. 1923 E H <fc Nash l.st g 63. ...1919 IUISsCELLlANEOUs* bonus*—Coiitiuiied on 60 70 751* iNe.xt 117411934 112=8 11*514 117 4120 10814 10908 IIO4II218 1174119'9 115 99 115 99 . 104 14. 106 "a Nov'04 1151a 101 117iaApr'05 lOOialOl 101 105 11741174 101 1024 101 la Jan '05 105 105 98 9914001 '04 100 14 IOII4 IOII4 1011, 10014 103 116 110 J'ne'04 102i4 8ale 10134 1021a 165 101410334 1071* 104^8 105i4Mar'03 1131a 112 Mar'02 Illiall4 11 138 May'05 11138111=^ 112 109 Nov'04 106 105 14 Apr'05 1044105'8 119 't 120 119 119 122 119 119 11834Ma>'0.'i 117 1194 105 Is Sale 104'8 105 'v 49 10241054 101'8J'ne'04 114'8ll5 115 Apr'05 98 "a. 98^. 22 974 100 "a 98 "a II4I4 II414II7 114 14 J'ne'05 101 . Pase. and Electric Light LacGa8LofStLlstg5s.el919 Q-F 10834 109 Ret andoxt Istg 58 1934 A-O 105 Milwaukee Gas L Ist 4s. .1927 M-N 91 Y G E L U P N ifc g 58. ..1948 J-D 1084 SaltPurchase money g 4s. ..1949 FA 924 Ed El 111 Ist conv g 58. .1910 M-S 104 4106 4«as 113 113 Gas Ist g 58 1947 A-O 65 69 704 684 CouHOl Gas conv deb 68 1909 J-J 169 169 14 169 CocBuni Gas See P G & C Co Detroit City G:ui g as 1923 J-J 102 »8 103 10234 J'n6'()5 Del Gas Co con Ist g 58...191H FA 105 J'ue'03 Ed El lU Bkn See KCo E L & P Ed Kill SceN VGi&ELH<fcI YlBtcon g 5s.. 193'.; M-S 113 112 Nov'03 Kq G <fc Fuel See P G & C Co Ga«& Elec Berg Coo g 58. 1949 J-D 01 4 Oct '01 Gen Electric <leb g 34s..l9-1'. 90 92 4.May'05 Or Rap G LCo Ist g 58. ..191; FA 10734 Dec '00 Hndaoii Co Gas Ist g 58..1'.i49 M N ibiiig 1094 Fob '05 KaiiClly(Mo)Gasl8tK58l9'2'^ A-O 99 100 May'05 KUigdCo El L<& P g 68... 1937 A-O Purchase money Os 1997 12241251 123 J'ne'()5 Kil fc.1 11 likn Islcon g48 1939 J-J 90 97 9 14 Apr '0 ifoyrice Friday; latest bid and aakeUtULs week. 118 73 100 103 I8714 Ist consol gold 53 NY <fc 1995 J-J Pat <fc Pas G & E con g 5s. 1949 Peo Gas & C Ist con g 6s. 19-43 Refunding gold 5s 1 947 894 924 CliG-Ltfc Ckolstgugos 1937 '10941094 Con G Coof Ch l8tgug5s.'36 100 100 Mu Fuel Gas Ist gu g 5s. 1947 Syracuse Lighting Ist g 58. '51 l'24isl27 rreiiuiii G & El Istg 58. .1949 944 914 Westchester liiffht'sg 58.1950 . . AO > aDueJaa 113 66 109 .XY&QBlL&Plstcong5sl930 F-A Rich Gas 1st g 68.1921 M-N EqGLN FA 112 112 105 la J'ly '04 1011.2 May'()5 70 Oct '04 t2i4. N YB&MBlstcong5sl935 102'aMuy'O.'-) 110^4 11014 10534 103 94 103 96 109 * 103 101 S -a. 99 103 931410113 1041a 104';. ii'3'14 1940 Leh V Ter Ry 1st ffu g 5s. 1941 U7i8l20 Registered 1941 Leh V Coal Co Ist gu g 53.1933 Lehife N Y 1st guar g 4s.. 1945 107 107 Registered 1945 1st g Ist pf 63.1914 1074110^! Gold guar 58 1914 1141a 1171a 101 la 103 Leh <fe Hud R See Cent of N J Leli & Wilkes b See Cent of N J 133 137 Leroy & Caney Val See Mo P 100 10334 Long Dock See Erie Long Isl'd— Ist con g 58.fcl931 Ist consol gold 4s A.1931 91 94'a General gold 4s 193)? M4I4 971a Ferry gold 4ias 1922 Gold 4s 9534 111 1932 r26ia 'Unified gold 48 1949 1261a Debenture gold 5s 105 110 1934 Guar ref gold 4s 1949 1201a l'23ia Bklyn<fc Mont Istg 6s.. 1911 10234 105 I34ial36ia Ist 5s 1911 116 116 117 117 II414II6 102 "a 1021a 109 111 Jan '05 Apr'05 117 116 117^4 General gold 5s ' 10/ I0534 EIC&N 88 Nov'04 95I4 95 95 Hi 95 104 103 la 1043, 124 126^8 126 'a Mar'05 lOT-s 110 Mai'05 122^3 Sale ..221,. 122 134'a 115 115>4 '.'...'. . Registered 11334 ' llOis. Registered 1953 Cairo Bridge gold 4s 1950 LomsvLlleDiv gold 3 128. 1953 Middle Div reg 5s 1921 Omaha Div Ist g 3s 1951 St Louis Div gold 3s 1951 Registered 1951 Gold 3ias 1951 Registered 1951 Spring Div 1st g 3ias...l951 Western Lines Ist g 48.. 1951 Bellev<& Car 1st 6s 1923 1021a 10284 400 lOlia J'ne'05 M 8I34 Mar'05 93 "li 93 115 116 11134 112 6 MS 119 99 .... 105 10538 A-O M-S 124 J-J 10,S'?8l09 J-D M-N J-D M-b J-D 106 125 109 105 4 May'05 92 May'05 10334 108 4 92 14 92 104i4Maj'05 1084 119 4 Apr '05 106 May'05 103 May'Of, I05I4 May'05 1233, May'05 1074 107 4 May '05 4 1))8'4 J'ue'OC 107 4 109 May'05 110 113 Mny'05 1014 1074Apr'05 14 108 10934 105 41064 92 924 108 I4IU4 9734 92 103 'a 10534 118 41194 105 108 103 103 105 1410514 l'J3 M'J7i8 107 4109 110 108 107 I4IIO 105 4107 4 974 I0914 Duo Feb ciDueApr «Duo.Uay /iDuej'ly /cDue Aug . Due Oct Jan 2 '05 ' 1133411^^;; 10212 105 V io3 1952 LN O&Tex gold 4s M 97»a 9915 100 Sep '04 96^2 96iaApr'05 Ha 134 102 106 ig 142ial42ia 95 92 103 10634 1071a Jaa'02 110 116 Coal&RR <fc Sale A-O RR 1st gu g 58....al90'.i Long Dock consol g 6s. .193 AO Ist cur gu 68.1922 M-N Dock & Imp 1st cur 6s. .191:: J-J N Y & Green L gu g 58. 194t M-N Jeff 108 12838 13134 1121s May'05 104 May'05 107 Mar'05 102 Feu '03 13334 134 May'05 149 Aug'Ol 10338 105'^ 103 14 J'ne'05 102 .... 102 102 isa^a.... 142 "a Mar'05 MS 1937 1916 Atl g 5s.. 1937 Registered 1996 XBt consol gen Lieu g 48.. 1996 Registered 1996 Penn coll tr g 48 1951 60-year conv 4» 1953 Butt2< Erie Ist 7s.. 1916 190.-Bull & S gold 6s Chic& Erie Ist gold 58.. 19«2 116 114 Mar'9& 111 105 111 91 1041a 1041a Uiuois Central 1st g 4s.. 1951 Registered 1951 1st gold 3I2S 1951 Registered 1951 Extended lstg3i-28 1951 l.sl ",'Old 3s sterling 1951 Coll Trust gold 4s 1952 Registered . J-D J-D J-D ElmCort&No SeeLeh<feNY Erie Ist ext gold 48 1947 M-N 2d ext gold 58 1919 M-S 3d ext gold 4 "28 1923 M-S 4th ext gold 58 1920 A-O 19'. J-D 6th ext gold 4s 192u M-S Ist consol gold 78 Istconsolg fond 7s 1920 M-S Erie 1st con g 48 prior.. 1996 J-J N Y Sus 741a 94 14 101 . A-O East Ist g 58.1941 M-N Y& 1 135 711a . M-S A-O A-O M-N & East of Minn SeeStPM&M aat Ten Va & Ga See So Ry Elgin Jol 134 '.18 1< 108 .... 108 Mar'05 1J6 127 127 May'05 128 Is 128 Hi 1283b 1283„ 130 Jan '05 97 I3OI2. 130 May'u5 tltahCent l8tgug4s ol917 A-O Eio Gr So gu See Rio Gr So ©es Moi <fc Ft D See O R & I P Dul So Shore Houst E <fe Tex See So Pac Honsl & Tex Cen See So Pac Co 1 IO6I4IIOV 10212 1051a 102 la May'05 92 102'8 bale W 112"' 11414 Dec '04 II3I4 102 '8 105 '4. F-A .V-N .VI- 191 Sus Ist con gu 78.1906 1906 Guar gold 68 BensA Saratoga Ist 78.1921 Del Riv RR Bridge See Pa RR Denv & R Gr 1st con g48.1936 Conaol gold 4'<28 1936 Improvement gold 58. ..1928 BloGr West Ist g 4s 1939 Consol and col trust 4a 1949 Registered 2d 68 76 9434 Sale SyrBlng&K Y 1st 78. .1906 A-O Warren Ist ref gu g 3 i^s. 2000 F-A Hud Ist Pa Div 78.191" Del <fe ' January 1 108 1211414 91 85 ! t 98^4 <fe 'X Registered Jiang* Since J'ne'05 91 Han W N Y Lack & W 1st 68.. .1921 Construction 53 1923 Term & iinprove48 19v Last Sale Ibgi^"" W 104iaNov'01 98><2 1947 J-J Col Midland 1 3t g 4s Colorado & Sou Ist g48...192y F-A Coltun & Greenv Se^ So Ry Col & Hock Val See Hock Va, <fe Col Conn & Term See Conn <fe Pas Rivs Ist g 48.1943 A-O & St P & Gt So See Del Lack & Western 78.. .1907 Morris & Essex 1st 7s.. .1914 1915 1st consol guar 7s 1915 Registered 2000 Ist ref gu g 3 hiB June 16 S.o Illl8ill3b llOiaMay'()5 113 .... 114 Apr 05 104 Oct '04 1051a.... 114 Apr'05 1151a.... W& W& 73^6 3alt 73 76 73 A pi 1121a Feb '04 01 Lor & Wh con Ist g 5s. 1933 A-O 116 Clev <fe Marietta See Penn RK lieiaJan'Ov/ Clev & Mahon Val g 58...193b J-J 119^8 Clev & Pitts See Penn Co CM See M K Week's Range or Bid Ask Low Higti No Low High' 123412514 1231a Mar'05 1231, 124 >4 M 199tJ Dak alias & Waco & T H 1st cons G8.1921 1st general gold 5s 1942 133''8l38 Mt Vernon 1st gold 6s. .1923 Sull Co Branch 1st g 53.1930 135 135^8 Evifc Ind Isicon gug6s..l926 L'^argo & So See Ch <fe St P 12314 i25i.j 1 lint tS; Pere M *ee Pere Mar 8614 99 F''la C & Penm See Sea Air Line 2(' 8438 97 14 Fort St U D Co 1st g 41-28.1941 115 116 Ft Den C Ist g 63.. ..1921 Ft RioGr 1st g 4s... 1928 / al Har & S A See So Pac Co ^TalH<feHofl8S2l3t 58.1913 A-O Georgia & Ala See Sea A Line 11538119 Ga Car & Nor see Sea A Line 98 991a <jeor.?ia Pacific see So Ry (ilia V G & N'or See So Pac Co Gouv & Oswegat See N Y Cent Grand Rap tfe Ind See Penn RR 20 101 104 Gray's Pt Term See St L S 10034 101 Gt Nor— C B cfe Q coll tr4s 1921 Registered. /i 981a 1003s 1921 lOO^a 103^8 Greenbrier Ry See Ches & O Gulf & ^ 1 1st ref & X n 5s 6195'J J-J 9934 9934 & St Jo See C B & Q ousatonic See N Y N H <fe H Hock Val lstconsolg4ia3.19!i'.i 100 la 101 la Reifistered 1 1)9 Col<fe H V l.stext =;4s..l94K I J-J J-J A-O W & W Ist pf 58...c«193H QJ O Peo & East Ist con 48. ..1940 A-O N January 1 i'rice Fritiav 1 A-O Ind Income 4s BOND.S STOCK EXCHANGE Week Endinu June 16 N. Y. Migh No Low High, I34I2.... 135-'8Apr'05 134 129^4 Mar'04 .... I24I4 125 124 14 J'ne'O.i 97I4 97 J'ne'do M-N fcl936 Q-f fcl93i Registered Cln S <fe CI con Ist g 58. .192^ 1914 CCCife I consol 78 1914 Consol eink fund 78 General consol gold 68.1934 Registered 1934 Ind Bl & Ist pref 48.1940 Since J. II 68..19'i(i M-.\ l8t gold 4s Hange Evans <fc Chic<fe Weel^s Bange or HkI. i^\- Cons 6s redwced to oivS-UMo ChStPcfe Minn lst!r6s ItUNor Wisconsin 1st 63...iy;H0 St P& SCity 1st g 6s...l9]:i Chicago Ter Trans g 43. ..1047 Coupon off Jrrice Friday June 16 Vol. ljjo. 110 11214 IIII4 113 Due Deo tOytionsal* — JUNE BONDS Price Week's Hange Fridav June 16 Range or Since Last Sale Ask Low Bid Na,shY—( Continued J 109 Mar'05 iiQva& Lex gold 41^8.. .1931 M-N 109 1« 13134 May'05, 13234 J-J ..1930 S & M Ist goW 68.. <fe 1930 J-J 6a PensacolaDiv gold 68.. .1920 M-P St LDlv 1921 IW-S 1980 Nl-S 1st gold Ss 2d gold 38 HenderBdgelst8tg6s.l931 M-S Kentucky Cent gold 4s. .1987 J-J Ii&N<feM&Ml8tg4'<2Sl945 M-S M Joint 48.1952 J-J S 1st gu g 6s. ..1937 F-A N-South L<fe N Fla <fe & Atl Ist gu g 68. .1921 P-A Ala con gu g 58.. 1936 F-A 1910 A-0 Sink fund gold 68 & Jeff Edge Co gu g 48. .1945 Wl-S Pens BONDS January 3q Cc B&N L L N A & Ch SeeCl&l. LS MS Mahon Coal See anhattan Ry consol48.1990 A-0 12634 129 126»2Feb'()5' 112 114 Ai>r'n5 121J2May'05 I2IJ4 75 113 1 9812 10134 110 Feb'05 115 Mar'05 II212 Mar'05 110 110 97 14 96 113 II5I4 11212113 1 15 11514 96'i2 iVei 11378. 114 Si. 105 . J'ne'05 Mar'05 Mar'03 9S«8 Oct '04 1* UO'^ 994. Registered 48 Registered 1990 AO Metropol El 1st g 6s.... 1908 J-J Coloniz g 58.. ..1934 J-D McK'pt & B V -See N Y Cent Metropolitan El See Man Ry Mex Cent consol gold 48. .1911 J-J 1st consol income g 3s.al939 •T'ly 2d consol income g3s..al939 J'ly 1919 A-0 Equip & coll gold 58 CoUtr g 4^28 1st Ser....l907 FA M-S 48.1977 con Mex Intemat 1st g 1977 M-S Stamped guaranteed Mex North Ist gold 6s. ...1910 J-D Mich Cent See N Y Cent Mid of N J See Erie See Chic & N MU L 8 & MU «fe Mad See Chic & N Eogistered 104 107 104 104 10618 108 W W See Ch M & St P .1927 W MU & North Minn & St L 1st gold 78. 1909 Iowa Ex 1st gold 7s Pacific Ex Ist gold 6s. ..1921 South West Ex 1st g 78.1910 1934 1st consol gold 5s 1st and refund gold 4s. .1949 let gu 48. ..'35 Minn & St L gu See B C K & DesM&FtD J-D J-D A-0 J-D .M-N MiunUn See Mo Kan Tex <fc P ^1990 P-A 1944 M-N Ist ext gold 58 St L Div Ist ref g 4s. ...2001 Ist gug 58.. .1940 Dal& 1st g 4s. ..1990 E 1st gu g 5-8.. .1942 Mo 1942 & Ok 1st gu 5s T of T Ist gu g 58.1942 Wa KanC&Pac K& MK MK& SherSh&Sol8tgug5s.l943 Tex&Oklalstgug5s...l943 Missouri Pacific 3d 78 190G 1920 Ist consol gold 6s Trust gold 58 stamped. al917 A-0 M-N P-A A-0 M-N M-S J-D M-S M-N M-N M-S al917 M-S 1920 F-A Registered l8tcoUgold58 Cent Br Ry Ist gu g 48.1919 FA LeroycfeCVALlstg5sl926 J-J Pac R of Mo l8t ex g 4s. 1938 P-A 2d extended gold 58. ..1938 J-J St L Ir M<fc Sgen con g 5.sl931 A-0 Gen con stamp gtd g 58 1931 A-0 Unified <fe ref gold 48. .1929 J-J Riv & G Div 1 st g 4k..] 933 M-N 1st g 5s.l926 M-S Verdi V I <fc Mob & Birm prior lien g 58 1945 J-J 1945 J-J Mortgage gold 48 MobJ&K C 1st cons g5.s. 1953 J-J Mob & Ohio new gold 68.. 1927 J-D Ist extension gold 6e../tl927 1938 General gold 4s Montgom Div 1st g 5s. .1947 F-A Q-F 4a..el930 coll Cairo & St L g 1931 J-J Guaranteed g48 & O coll 48 See Southern 77 1114 12 2»>- 105 May'OO 13612 lOS^a II913 142 Dec '03 110 11 1 20 ^ Apr '06 96 97I3 9ij^4 98 99 IOOI2 I04I4 84-'4 8712 W 95I4 114 10478 10834 106'2ll03(, 107 J'ne'05 110>2 95 98 IO412IIO 103 105 12 97 II6I2 11334 11638 119 11884 11834 II6I2 11634 10934 Oct 'OLi 95 95^8 9434 95 95^8 Sale 95 >4 94-38 106 109>2 107>2lO7H> 104 12 10838 10334 107 12212 125% Mar'05 IO512 105 >2 n7 9II2 111 110 11834 87 94 94 9638 9314 93 14 98 102 lUM llli2Mar'04 93i4Apr'0o 94Hi 98I4 98>2J'ne'05 125'2l26Hi 12534 J'ne'05 124 125 12434 j'ne'Oo 96^2.... 9612 May'05 114 117 11434 Apr'05 91*2. ... 95 Feb'05 10014.... 101 Nov'04 ti M 95 12 9812 12534 129 122 12434 Morris <fe Essex See Del L. &, J-J 122 Sale A-0 115 116 J-J 120^8 Al Ist 6s.. 1917 J-J 1917 J-J Branch 1st 6s 116'^f. <fc 1st - Jasper Branch 1st g McM M W T&P 6.s..l9'2o <fc Nash Flor & Shef See L <fe N Nat of Mex prior lien 4^s. 1 926 J-J 1951 A-O 1st consol 4s 1H97 1934 Lake Shore coUg 3^28...! 998 1998 Registered 1998 Mich Cent coU gSiss 1998 Registered Registered 4s Beech Creek 1st gug 48.193(3 1936 Registered 1930 2d gu gold 5s Beech Cr Ext Istg 3^28 ftll'ol Cart & Ad Ist gu g 4s... 1981 80 & Mont 1st gu g 5s. 1916 107 107^ Feb'05 Sale 105 101 8034 8O34 J-J J-J 10034 Sale IVl-K 101 100 F-A F-A F-A 90 14 101 131 IOOI4 Dt2=8 20 9034 03 92 90 '4 911-.. 2 89 90 14 89I4 911^ 2 90 90 89 12 May'05 89 12 89 90 90 10738.... J-J J-J 110 A-0 J-D 8934 10034 92 99'8 10034 9918 10012 Apr'05 10034 9134 903j FA JJ 10034 10034 IO7I2 Feb'05 102 Mar'04 95 Apr'O; 10612 1071.^ , , , , .M-S 1941 Xor& South 1st g58 1931 & West gen g 68 Improvem't<fe extg68..1934 New River 1st g 68 1932 N& WRy Ist con g 4s. 1996 105 106 106 Oct '02 Mar'05 103 13134 Apr'03 IO312. 103 104 103 la Jan '05 14 103 106^% 103 >a 103 la 1091s.... 13118.... I3214.... 12978.... 1 11 14 Feb'05 133i-jJan'05 1321a May'05 13212 Dec '04 102 14 102 11114 IIII4 1331a 1831a 1321a 132»4 102 Registered 1996 Div'llstl& gen g4s... 1944 Pocah C & C joint 4s.. 1941 1922 Scio V & N E 1st gu g 4s 1989 North lUinois See Chi <fe N North Ohio See L Erie & Nor Pac Prior Uen g 4s. .1997 Registered 1997 General Uen gold 3s a2047 Registered a2047 St Paul-Dul Div g 4s. ...1996 Registered 1996 C B & Q coUtr 48 See GtNor St P & N P gen g 68. ...1923 Registered certific'8..1923 St Paul & DvU 1st 5s.. ..1931 2d 5s 1917 1 St consol gold 48 ! I ! ! 1 1 9 68 Wash Cent 1st g48 1948 Xor Pac Ter Co l.st g 6s.. 1933 Nor Ry Cal See So Pac WW — * W Whio River RR 9434IOOI4 Feb'05 109 la 109 la 100 103 'a 101 101 105 7e Sale 105 77 Is Sain 1051a 106 105 ig "991^ ioi' 100 12534 . II8I4. 11378. 108 -'a 9912. 125 la Apr '05 132 J'ly '99 112 14 J'ly 'O.-i 108 Apr'05 100 14 Apr'O;) 92 12 Apr '05 105 77 7738 74I2 May'05 Mar'05 n63B. 11638 11412. Ill . II8I4 Feb'05 Ulia 1163i 941a 9779 10434 10634 IO312IO514 75I3 78 74^2 763* 100 101 1251a 126% 10734 109 9979101 921a 115 921a 116S? 11814 1181* lllia 10 IIII4II314 J'ne'05 J'ne'05 99I4IOOI4 112 11513 W Sink fund subsidy g 6s. .1910 M Penn Co— Guar 1st g4i2S. 1921 J Registered 1921 J Guar 312S coU trust reg.1937 M J. - W& RR Convertible g 3128 1912 Alleg Val gen gu g 4s. ..1942 C1& Mar Ist gug 4ias.. 1935 D R R R & Bge 1st gu 48 g.'36 Gr Rife 9978 1005; 100 111% 103% 112 103 Apr'05 102 Apr'02 110 '2 J'lieOS 106 Jan '0 102 Nov'98 94 J'ue'05 97 May'05 1177a May'05 . 94 9714. II914. 1932 A- Pgengug4i28serA.'42 Series B 1942 AScries C SHzs 1948 MSeries D 3128 1950 FErie & Pitts gug3i28 B.1940 J. Series C 1940 J. & C Edge gen gu g 4 I2S 1945 J PCCcfeStLgu4i2SA...1940 ASeries B guar 1942 ASeries C guar 1942 MSeries D 4s guar 1945 MSeriea E 312 guar g 1949 FPitts Ft C I8t7s...l912 J. 2d 7s 1912 J. 3d 78 /tl912 A Penn Ist real est g4s. 1923 MConsol sterling g 6s 1905 J Con currency 68reg...j/1905 cj19l;i .\I. Consol gold 58 Consol gold 4s 1943 M. A-0 10438 100 J'ne'05 95 14 941a lii9 9 2 la. Xor Wis See C St P M & O Xor <fc Mont See X Y Cent See C C C & St L i \ Ind & 34 100 9934 J'ne'04 . ! 107 102 '2 '991-2101" 95 Sale IO914 101 14 Sale CC<feTl8tgug5s 10712 J'ly '00 104 105 1241a. <fe N Sale 9134 Sale 107ial07ia 104 106 I05I4 Mar'04 <fe Cl<fc 81' 1191a '02 <fc 105i8l05ie 7934 83 14 11578119 N J Juno R gu Ist 48.. .1980 FA N Y & Pu Ist con gu g4s 1993 XO Nor 106 105 Jan cfe aouv<feOswelstgug5s 1942 J-D gug 48. .1991 Utica& N Y Chic & St L Ist g 48.1937 1937 Registered X Y & Greenw Lake See Erie X Y & Har See N Y C & Hud N Y Lack W See D L W X Y L E & W See Erie NY&LongBr See Cent of N J XY&NE SeeXYXH<feH New York New Hav & Hart— Housatonlc R con g 5s.. 1937 N H & Derby con g 5s. .1918 N Y c& North See N Y C H X Y O & Wref Istg4s..firl992 Regis ?5, 000 only ^^1992 X Y Put See X Y C & H X Y' & R B See Long Island X Y S W See Erie N Y Tex & M See So Pac Co 105 k l05i8Mav'O5 A-0 Clearf Bit Coallstsl;48.194U J-J Mohtfc Mai 1st U7iall9% 11334 Guar3i2SCoUtr ser B...1941 Tr Co certif'8 gu g 3i2S.19i6 M C St L A P 1st con g 58.1932 A- <fe Deben g 118 117% May'05 Registered NewH&D SeeNYNH&H Y Cent N J June RR See N New Cin Edge See PennCo N O & N E prior Uen g 6s i>191C N Y Bkln & Man Bch See L 1 N Y Cent& H Rivg 3^28.1997 119 12 Mar'05 119 121 II7I4II7I4 U514 II4I4U7 1051s 105 1« . 122 122 II412 li5 121 Apr'05 1 17 14 Mar'05 113 J'ly '04 12078 123 105i^Mar'b5 II512. 11734. C F & St P See C & N Oz'rk& Cher C 1st gu 58 g.l913 ACoast Co 1st g 58 1946 j Pac ac of Missouri See Mo Pac Panama 1st s lundg4i2S..1917 A W St List 7s.l9ia Chat Nash consol 192.gold 58 96i4May'04 107 58. ..1927 Ist ( ) Mont Cent SeeStPM&M Morgan's La & T See S P Co 124 120 Oswe<fe 1st g 58.1936 General gold 5s 1937 Ore & Cal See So Pac Co 96 la 99 Ore RR & Nav See Un Pac 11334 115»e Ore Short Line See Un Pac 95 Oswego & Rome See N Y C 95 Mohawk & Mai SeeNYC&H Monongahela RiV See B & O 124 119 . g ext 58.71,1922 RW&ORcon2d1st gu g 58...el915 Ist gug 58.1918 RW&OTR Riv Elk gug4s. 1922 10334 108 . 11634 101 12 124 loeiaNov'OO 97 14. 74 101 la. Xorf . 105 98 113'^4ll3'4 II4I2 11734 f>5'.j 987^ 971a 98I4 loo's Sale lOO^a IOII2 86 12 86 Sale 86 105 Is 105^2 1051a IO512 90 ".J 92 90'2J'ne'05 105 14 Dec '04 10534 95 9534 95 Apr'05 II214 114 114 114 IO6I4 Sale IO6I4 IOOI4 I0712 107 J'ue'05 107>2 Feb'05 i06^. 105 106 J'ne'i.'5 104 >2. 104'2J'ne'05 1225j 122<%J'ne'05 ib?" 107 I0718 lOS^s 103 Sale 97 9412 26I2 l't\ I20I4I22 102^2 10234 101^2 May'05 103 Nov'Ol 108 97 107 79 10534 lllSf 3 1-4 Mar'05 II412 11434 lU^slie 73^8 19 11 Feb'05 J'ne'05 IO6I4 J'ne'04 2000 <fe 10334 10834 97^2 9S J-J 76 19 '8 96'2J'ne'05 90»8J'ly'0] 96 Ist g 48. ..1990 J-D 2d gold 48 19^2 20 ^^ 1134 Sale J-J MStP«S;SSMcong4intgn'38 J-J gu 1926 M S S M & A IstStg 4 int M &M Sale 124 109% Apr '04 124 119 108 Harlem g 3128...2OOO <fe NYcfe North 77 M-S N Y HtaU 10934 I0914 Maj'05 Jan '03 124 139 108 121 1940 1940 Registered r.ow 1 14112 117 L N i-j ManSW IO9I2 141 1951 <fe S l8t g 312S 1952 Ist g3i2S Bat C & Stur 1st gTi g 3s. 1989 J <fe 104 104^2 10414 104^2 104 Apr'05 ios'i^ i09 108'2J'ne'u5 I24I2 I2214 1931 1931 58 Since January 22 108I4IIO 3'. 10778 1091a 6 9914I02 99 12 9938 991a J'ne'Oo 991a 101 14 i68 100 10314 Sale 10078 101 102 May-OS 102 1031a 101 105 McKee8<feBVl.stg68l918 Mich Cent Ist consol 68.1909 110 o ? S5^ Miqh No Ask Low 1061210712 10334 9914 101 991a KaA&GR Nov'99 10134 May'05 or Last Sale ior.i2iio Ist 48 gu... 2361 Registered 2361 Lake Shore gold 3i2S....1997 1997 Registered 1928 Debenture g 4s Det Mon & Tol Ist 7s. 1906 1st guc 58.1938 Mahon C'l RR 1st 5s. .1934 Pitts McK & Y Ist gu 68.1932 1934 2d guar 6s J'ne'02 10834 9678 West Shore Range Fridav June 16 Bid Bange Week's Price STOCK EXCHANGE Week Ending June 16 X Y Cent & H E (Continxied) 109 109 ISO '2 13 134 126'2l26i2 114 114 121 12 12112 101 , 2445 N. T. High No Low High. N & M 2(1 gold 1 Bond Record— Continued— Page 3 17, 1905.] N. T. STOCK EXCHANGE "Week Ending Junk 16 Lonlsv J II6I2. 11518. 98 94 94 9334 97 11734 1177, . 9834. 96 102 106 14 113 114 113 114 1 Jan '0 Nov' 00 9534 Apr '04 13 J'ne'Or. 11234 j'ne'OS 1121a 113 11114 103 103 93 93% 103 MayOo 127% Oct 121 119 107 118 113 lUia II212II334 112iall3 103 1(13 93 93 8 '02 Mar'04 Apr'04 Feb'05 106 107 llliaSop'04 106 Aug'03 101 38 Sale F 110 102 111 Iexlstgug4i28l94llj. IIOI2IIII4 106 106 10314 Aug'03 M M M 102ial04 lOlSg 103% , 102 110 1U1% 46 10114107 Nov-97 Jan '05 110 110 , IIII4 J'n6'05 ill" iViii ftllSCELLANEOUS BONDS— Continiieil on Next Page Coal and Iron Col Fuel Co gen gold 6s.. .1919 WI-N '106 Col F' <fe 1 Co gen a t g 5s. .1943 F-A 103 14 105 1911 Convertible deb g 58 95 Trust Coctfa 71 70 Col Induslst conv 5s gu A. 1934 6912 69 1st conv 58 gu Series B.1034 Contin'talC 1st st guusg.lO.'iJ FA ftr Kiv CoalA G Ist g6.'i.. 1919 \-o left & Clear C & I Ist g 58.1926 J-D 2d gold 5s 1926 J-D Kan&HC<feClst8fg5s.l951 J-J 104 Pleas Val Coal Ist g s f 58.1928 J-J 1951 J-J Tenn Coal gen 58 93 99 Tenn Div 1st g 6s al917 A-0 110 112%113l2 Birm Div 1st consol 68. .1917 J-J Co 1st gu g 6s. 1922 J-D 94 Cah C De Bar C & I Co gu g 6a. 1910 F-A 1(»5 Iron Coal <fe Co Ist g 5s. 1949 M-S 864 87 12 FA FA FA ' M V •No price Friday; latest bid and asked 'PelesTnpli IO7I2 Oct '04 105 J'ne'05 85 May '05 8712 Apr'05 105 12 90 89 'v 76 '4 661a 72 12 7() 71 102 85 84 80 08 6Sia 691a 9 J-J Cable Co Ist g 4s. .2397 ErieT& T col tr g s f 5s..l926 MetT<fe T lstslg5s 1918 N Y & N J Tel gen g 5s. .1920 West Union col tr cur 5s. 1938 O- Fd and 107% Dec'04 10212 J'ly '04 Mnt Un May'97 10212 Oct '03 107 May'05 105 Oct '00 V9 99 UK 110 112 May'05 Northw 107 102 1061a 107 10 6 109 lain 11034 112 Dec '03 104% May'05 h7 this week, 931a 100 87 12 a Dos Jan 103 86 105 931-. Due Feb and Telephone Am Telep & Tel coll tr 48 1929 Comm M-N 10'.I78 M-N 104 Hi J-J g 4128...I950 M-N Tel 8 fund 68. ..1911 Yt-N Tel guf 4i28g.. 1934 J-J real est Hannfacttiring I <fc 1951 F-A 48 Consol Tobacco 50-yrg 48.1951 F-A Due .May g 97 OS's 1091a 109 'a 10514 J'iy'03 11118 10434 Sal© 106 Si 10478 May'05 llOisll'-'i* 105 -. 10434 II0I4 Mar'05 103 J'ly '04 10412107% 111 110l4ll<J'4 & Industrial Am Cot Oil ext 4ias 1915 Q-F Am Hide L Ist s g 68.. 1919 .\1-S Am Sinrits Mfg 1st g68.. 1915 MS Am Tliread 1st col tr 48. ..1919 J-J Am Tobacco 40-yr.g68 1944 A-O e 98 la May'05 92 Dec'04 109 Oct '99 109% May'05 J-J Due j ne h, Due J'ly 97 96 981 89 Sale 115 Sale 75 Is Sale 80 p Due Nov 9334 Mav'05 9334 101 97 '4 97 Hi 9534 100'-^ 96 May'05 97 94 88 89 21 871a 8914 lUTg 1153b 170 IIOI4II8I4 75 14 311 71 7434 777, 80 J'ne'Ou 74 841a s Option sale. — — 21 —Page Bond Record— Concluded 2446 -"^ BONDS STOCK EXCHANGE Week Endinq JujfE 16 K. T. BR Penn Tiriee 1Fe«*=« Range Friday June 16 Bange or Since Bid (Continued) As/c Snn <fe Lewis Ist g J RR<feCangen48.1944 Pensacola <fe Atl See L cfe Nash Peo & East .See C C C & St L Peo & Pek Un Ist g 68.. ..1921 bl921 2d gol(14'2S 58 1921 Pete Marq— CU <fc 1920 Fliiit&PMg6s 1939 let consol goldSs Div Ist 58.1939 Huron Pt g SagTuSife H lstgug4s.l9ol See Penn RR Phil B <fe Phila & Reacling cons 78.1911 Pine Creek reg guar 6s. ..1932 Pitts Cln <fe St 1. See Penn Co Pitts Cleve & Tol See B <fe O & Cli See Penn Co Pitts Ft 1922 Pitts June Ist gold 6s 2d g 5s. .al928 Erie & L Pitts UN WM W M-S Q-F M-N J-D A-O Wl-N A-O F-A J-D J-D W . N & J-J A-O Y See Y Cen Pitts McKees Pitts Sh & L E 1st g 5S...194U A-O 1943 J-J Ist consol gold 58 Pitts West See B <& O Ash 1st con 58.1927 .M-N Pitts Y & Reading Co gen g 48 1997 J-J Registered 1997 J-J Jersey Cent coll g 48.. .1951 A O Bensselaer <& Sar See D & B Rich & Dan See South Ry Meek See Southern Rich KioGrWest See Den & Rio Gr <fe Bio Gr June Ist gu g 5s... 1939 J-D Elo gr So 1st gold 4s 1940 J-J Guaranteed Boch <fe Pitts See Rome Wat B R 1940 J-J <fe NY P cfe Og See Cent Rutland 1st con g4i2S 1941 But-Canadl8tgug4s...l94i' Tus <fe H See Pere Marq Sag t Jo& Gr l8l 1st g 48. ..1947 et Law<fe Adii-on Ist g 58.1996 2d gold 68 1996 8t L & Cairo See Mob <fe Ohio St L & Iron Mount See M P St L K C <fe N See Wabash J-J J-J J-J J-J A-O South w Div Ist g Refunding g 4s il-N J-J J-J J-J 5s.. 1947 A-O 1951 5-year gold notes 4^. .190a K C Ft S & con g 6s. .1928 K C Ft S & M Ry rol g 48 1936 K C <fe K& B Ist gu 5s. 1929 St Louis So See Illinois Cent 1st g 4s bd ctf8.1989 St L S J-J M M W J-D M-N A-O A-O M-N 2d g 4s inc bond ctf8...pl989 J-J Consol gold 48 1932 J-D Gray'sPtTerlstgugSs 1947 J-D 8t Paul & Dul See Nor Paellic etPaulM & Man 2d 68.. .1909 A-O Ist consol gold 68 1933 J-J Registered 1933 J-J Reduced to gold 4>23.. 1933 J-J Registered. 1933 J-J Dakota ext gold 68 1910 M-N Mont ext Ist gold 4s 1937 J-D Registered 1937 J-D EMinnlstdlvlstg58..190s A-O Nor Div Ist gold 48 1948 A-O Minn Union let g 68.. ..1922 J-J Mont C let gu g 68 1937 J-J Registereu 1937 J-J Ist guar gold 58 1937 J-J Will cfe S F 1st gold 5s.. 193s J-D St P ifc Nor Pac See Nor Pac StP&S'xCity SeeCStPM&u LakeC Salt SFePres* Phl8tg58...194'^ A & A P Se« So Pac Co F & N P let sink f g 58.191y Sav F & West See All Coast L Scioto Val & N E See Nor & W A-O 11434 , 12318 I2318 C& . , '•i . f- W W . M W W , " Jan 102 96^6 Sale 96'8 9 921a 93 92I4 101 1011 '03 97 MBy'05 102 94 W 50 J 102 "a. 'g 92', 34 .Muy'o; Feb '05 I4 101 'a 101^4 101-V 99 I4 Mar'03 '4 87 Tg Sale 88 87 1083, 109 S. 108 'b Mar'Oo 103 Sep '04 1121-.; 115 Ill Feb'O.". 107 -a.... 107 't. J'ne'05 10334 .... 107 '4 Feb '05 103 J'ly '04 112 112->, J'uu'OO 111 113 Dec '04 100 14 J'lio'O") 127 'a Feb '02 & North See Un Pacitic & Black B See N Y Cent Vandalla consol g 48 1956 Registered 1955 Val Ind <fe See Mo P 108 108 Ver irginia Mid See South Rv Va & Southw't Ist gu 58.2003 abash Ist gold 5s 1939 8434 92 2d gold 5s 102 1939 10434 Debenture series 1939 A 95 98»8 Series B 1939 109 109 Ist lien equip s fdg 5s. .1921 1st lien 50 jt: g term 48.1954 109 la 109 iv Det& Ch Ext Istg 58. .1941 109 "a 114 DesMoin Div Istg 4s.. 1939 110 110 Om Div l8tg3ias 1941 Tol cfe ChDlv Ist g 4s... 1941 St Chas Bridge 1st g 68. 1908 Wab Pitts Term 1st g 48.1954 2d gold 4s 1954 96 14 981-.. Warren See Del Lac & West Wash Cent See Nor Pac 101 102 See Southern 0214 97I4 Wash O cfe Maryland Ist g 4s... 1952 West 94 91 lOSTg IH\ WestN Ycfc Pa Istg 58.. 1937 Gen gold 3-4s 1943 1003h 104 W . 109:>4 gold 48 int guar.. 1921 A-O Waco&N div Ist g 6s '30 M-N '04 87 >4 Sale 86^8 87 1q 102>ulu3'5 103 103 98 .... 95 Mar'Oo 110 .... 109 Fob '05 105 Sj.... 110^.... 09 la Mar'(i5 112 May'O, 110 110 Jan '05 111 "^4. llli4May'03 /cl94;i 1033 M-N H<feTCl8tg58intgu..l937 J-J Consol g 68 int guar... 191 A-O 108i8lU9»8 108 109 4 112iaFeb'05 108 la Mar'05 12 108 1201a 15 4U W W s7ia 90 1081b IIO'h 113^:115 107 105 « 'a 110 107 '4 '•.. iions il'-]34 95''-jio6'^4 F-A 104 F-A 112 J-J M-S 93 72 "a 74 102 .... J-J 11641164 llO's 116v 11208 Jan '05 11534 118 Ill 112 112''g 96 4 98 108 111 123 Feb '02 110 Dec'04 114 Jan '05 114 "a J'ne'05 114 Hi J'ne'05 11441144 9734 116 S) J'ly '00 100 Nov'04 122I9 121 la 1224 1014 I2OI4 12334 J'ne'05 10 9334 102 1U3„ 11138 115i4J'ne'0 111 May'04 112 Apr '05 96i<: J'ne'o5 94'-. 941a 91 's May'05 84 84 "a 1144 ll?"* 1101*112 964 984 2 •J. 98 14 May'05 UOSs 110\ "i 95I4 Jau'05 95 91 85 'a 91 '8 bOSa 83 97 4 98 4 UOSgUS 95 14 9 -^^4 33 10434 108 4 1061a 107 106i4J'ue'05 103410614 12218 I24I4 5oi Il2'78l384 13734 13734 Apr'05 "2 11636 104 102 102 102 7 124 127 4 1261a 125 119 la J'ne'05 117 4 120 , 951... 96 91 954 984 112 Dec'03 1141a Apr '02 10441044 1041a IO74IIO 1194 1124 Mar'Oi. 116 107 90 117'^^ 109 ^ Feb '05 74 89 Sg 894 a9i«J'ne'05 102 90 064 8434 1U3 92 10934 112 102 92 S8'8 98 4 86 95 1 J-D J S. 121 9834 May'O. 721a 97 11141124 1221s 96 11 9614 illSsApr'OO 106 "a Nov'04 9734 97 115141164 lll>8Apr'05 90 .... 921a 8518 85 1144117 Mai '05 117 114 114 May'05 891a Sale J-J *118'8 * 114 116 123I4I25 123I4I27 Feb '05 98 90»8 Sale 38 Sale A-O M-S A-O 116 L14 11941224 10818 May'O 103 J'ne'OO 92 Apr'05 112 May'05 97 Nov'04 SS Apr'05 97 May' 05 09 la Mar'03 9088 91 38'4 38 J-J 100 98 11741174 954 J84 116 ^ May'05 116 May'05 120 120 114 Mar'05 124 '8 125 12634 J ne'05 110 JJ 91)4 99 118 11834 ^1 II834 J'nc'05 9934 May'05 1171a Mar'05 981a Mar'05 901a Dec '04 M-N II718II73. 1174 F-A 109 1091a 109 la J-J J-J 11741204 120'-^ 97 104 14 IO413 115 ' ii2 4 41084 Feb'04 110 97 . J-J 1st guar 63 red W 1144 iis" lOsi* 108'« 109 la Feb (15 103 Oct '04 11218 J'ly'04 M May'05 1931 M-N 109 <b Jan '05 102 14 Mar'05 1041a Dec'04 115 Mar'05 1141a Dec'04 119 Feb '04 101 WW Utica Apr 'On . ' 101 1044 88 914 106 IO8I4 10918 10938 102 14 IO214 i-i IO8I4 , ^ Jan GUa VG&Nl8tgug58.1924 M-N Hous E & W T l8t g 58.1933 M-N High Ko Low High 122 Dec'04 106 Sep '04 113 Jan '01 104 12 104 S9iaJ'ne'06 , ^ Since January 1 1291a Nov'04 . J-J 104 »8 SA&APassl8tgug4s.l943 J-J 891a 90 100 104 "i So P of Ar gu Istg 6s...cl909 J-J 105 1st guar g 6s cl910 J-J 121 ..... 120 May'Of) S P of Callst g 6s ser B.1905 A-O 100>4 1191a 123 11-234 Sale 112^4 11234 112 1141a Istg 6s series D...1906 A-O 103 II414II5 114 114 114 lieia Istg 6s series E<fc F...1912 A-O Ill la Ist gold 68 1912 A-O lllia Ist con guar g 58 1937 M-N 113 119'^ Apr '04 Stamped 1905-.. 1937 M-N 10818 Sale 129 137 Nov'97 SPacofNMex Istg 68. .1911 J-J 1905 P-A 1021a Tex & N O Ist 78 Sabine Div Istg 6s 1912 M-S Ill 113 Con gold 5s 1943 J-J 111 II3I4 121 120 Oct '01 Southern— Ist cong 5s 1994 J-J 1201a 1091-2. Dec'02 Registered 1994 1121a J-J Mob& Ohio coll trg4s..l93.'5 M-S 9714 971a 118^2 120 Mar'05 117^2 120 Mem Div 1st g4ia-6s... 1996 J-J II834 9934 11813 121 98 J'ly '97 St Louis div 1st g 4s 1951 J-J Ala Cen R 1st g 6s 1918 J-J 11734 9734 lie 116 May' 05 116 116 Atl & Danv 1st g 48 1948 J-J 168 lOOTglOSM 103 103 ^2 Sale 103 1948 J-J 2d 4a 96 100 Jan 'Or) '17 loO 100 Atl <fe Yad 1st g guar 4s. 1949 A-O 99' lUQSg 100 98 la 101 Col <fc Greenv 1st 6s 1916 J-J 1161a llOia T Div .1930 E Va <$! Ga J-J g 5s. 125 Con 1st gold 5s 1956 M-N E Ten reor lien g 5s 1938 M-S 113'4 126 Sale Ga Pac Ry 1st g 6s 192 J-J 109 Mar'OJ 106>a 109 109 Knox & Ohio 1st g 68... 1925 J-J 126i-.i 75 7514 Mar'05 77 75 77 Rich & Dan con g 68 1915 J-J U7 92 89 Jan '05 89 89 Deb 08 stamped 1927 A-O 112 gsia Bich & Meek 1st g 4s.. .1948 M-N So Car & Ga 1st g 58. ...1919 M-N Ill's.... 10334 May'04 MVirginia Mid ser C 6s... 191 101i4Nov'01 Series D 4-5s 1921 M-S 110 .... Series E6s 1926 M-S 114 .... 96 96 May'05 93 General 5a 96 1936 M-N 1141311514 Guar stamped 1936 M-N 96 "a 128 O& 1st cy gu 4s. .1924 FA West N C 1st con g 68. .1914 J-J 11618. S <fe N Ala See L <fe N Spok Falls <fc Nor 1st g 68.1939 J-J 130 Stat Isl Ry 1st gu g 4i2S..1943 J-D 103 103 Hi 103 103 102 10434 SyraBing&NY SeeDL<feW 104i8Feb'05 103 104 104''s i'er A of St L 1st g 4138.. 1939 A-O Ill ISO's 131 May'05 Ist con gold 5s 1894-1944 F-A 12238 1291a 132 116»8 U6h. 115 Hi 1121.^ 116 Gen refund s 1 g as 1953 J-J 101 96'2 100 \i May'05 9934 IOOI4 St L Bge Ter gu g 6s. 1930 A-O HI 9934 102 101 Mny'05 Tex & N O See So Pac Co 101 102 88I4 92I4 Tex & Pac 1st gold 63 9038 90^4 90^4 903, 2000 J-D 1211a 93 95 96 rec'04 2d gold inc 6s 92000 Mai 124>2 124itj 124 12 La Div B L Ist g 5s 1931 J J 109 1241a I26I4 88I4 92 89 Sale '30 P-A 8884 89 Min <fe N 1st gn 6s Tol <fc O C 1st g 5s 1935 J-J lie's Western Div 1st g 58.. .1935 A-O *113 •'8 98»8 Sale 9838 12 961a 101 Vi General gold 6s 98 1935 J-D *107 85 '6 15 84 S5\ 86 Vt 86^8 Kan& 1st gug48 1990 A-O 96 961a 87^2 SCa 81 941a 9434 81 6 801a 841, Tol P & 81 Ist gold 43.. ..1917 J-J 91 14 92 Tol St L & pr Uen g 3 138. 1925 J-J 83 60-year gold 48 1950 A-O 9634 109 108 la May'05 Tor Ham<fe Bufllstg 48.A194t' J-D 10838 111 *138 11 0=8 Sale J-D 139 J'ne'06 136 139 Ulster* Del Ist cong 58 1928 140 May'02 1st refund g 48 1962 A.Q *105fi8 10534 106''4 Sale •113»4.... 11334 J'ne'05 111 11334 Un Pac RR & 1 gr g 43 ...1947 J-J lieisApr'Ol Registered 1947 J-J i 22 i^ Sale" la M-N i lo'i 110 May'05 IstUen convert 4s IIOI3 11238 1911 I03I4 103 '4 Registered 105 1911 M-N 103 105 106 May'Ol Ore Ry & Nav con g 48.1946 J-D ".""ioJ'^ ^10314. 10434 Mar'05 Ore Short Line lstg6s.. 1922 FA 12534 10434 10434 .... Ist consol g 5s 1946 J-J U9 96 Sale 12234 124 May'06 Guar refund 4s 192 J-D 123 124 13738. J.D Registered 136 Jan '05 1929 135 135 13434 Dec '04 Utoh & Nor 1st 78 190« J-J 11038. 11934, 1181* Feb '05 Gold 6s 11818 1181* 1926 J-J 117 <^. 117 Jan '04 Uni N J RR <fc C Co See Pa BK Utah Central See Bio Gr Wes 108 Cent Pac iat ret gu g 4s 1849 F-A Registered iy4y FA Mort guar gold 3>a8../tl92U J-D Gal Har & S A Ist g 68. .1910 FA 2(1 gold 78 1905 J-D Gen J-J J-J 12834 ligia 103 14. A-O or Last Sale Ask Low Bid (Continued) T 1st 78.1918 Ist gold 6s 1920 Ist gu g 6s 1907 Guaranteed gold 5s 1938 Ore & Cal 1st guar g 53.1927 123i8Jan'0o 101 J'ly'04 109 Apr '02 122 110 A* N W Ist gng 58.. ..1941 Pacl»tg58 Range June 16 No of Cal 110»aSep'04 M-S M Registered Southern Pac Co Morgan's La & Utah Seaboard Air Line g 43 ...1950 CoUtriefundg5a 1911 Car Cent l8t con g 48...194;t FlaCon<fe Pen l8tg58.191» Ist land gr ext g 58... 1930 Consol gold 68 1943 Ga & Ala Ry Ist con 58 ol945 Ga Car <fe No Ist gu g 58 1929 Seauafc Koal8t58 1926 SUer Slir & So See K <fc T SU Sj) Oca & G See Atl Coast L SodBay <fe So Ist g 58 1924 J-J So Car & Ga See Southern So Pac Co— RK 1st ref 48.1955 Coll tr g 4^28 11)05 Gold 4s (Cent Pac coU).fcl949 & LotB High 10634 IO8I4 Range Week's J^ice J-yiday STOCK EXCHANGE Week Ending June 16 1 lxxx [Vol. BOND'S .... llOHi.... 4 N. Y. Ist g sf 68.. .1913 J-J 8 S Mfcx January .. . M St L Br See T RR A of St L St L & S Fran 2d g 6s CI B 1906 1906 2d gold 68 Class C General gold 68 1931 General gold 58 1931 St L <fe S F RR cons g 4s. .'96 High No Low lOe'i May'06 101 48. ..1936 J-J oqi; Last Sale PhilaBal&W l8tg48..1943 M-N 108 & 6 D A-O 90=8 y6'<» 45 's 35 19 94 8734 1194 118 9834 971-; 9634 May'O.. A-O * 96".i 27 40 Mar'ol Income os (il943 Nov West No Car See South liy 112 Mny'o: HI 112 W Va Cent cfe P Ist g 68. .1911 J-J 1121a 11414 114^4 11434 Mar'05 Wheel's cfe L E 1st g 5s. ..1926 A-O *112'all4 1144ll-i'-i Wheel Div 1st golcl 5s.. 1928 J-J 1144 May'05 II4I4 Mar'o5 U3 114'>8 Exten cfe Imp gold 63. ..1930 F-A 95 4 93 '8 94--, 94 Is 94'., RR 1st consol 4s 1949 M-S 20 92 102 102 20-yoar equip s f os ...1922 J-J 102 'a 102 Jan '05 Wilkes cfe East See Erie Wil cfe Sioux F See St P <fe M Wis Cent 50-yr Ist gen 48.1949 J-J M 95 Sale 9434 95 4i 90 4 95 .UI.SCKLI.ANEOLIS BOND.S— Conchidoa. Manuiactui-liiK &, ImliiHtrinl Con Toljacco registered 4sl951 i)i!>tilSecCorcouv 1st g 5h.'27 Distill ot Amcr coll tr g us. 191 Int Paper Co Ist con g 68.1918 Consol ccjiiv s f g 5m 1935 lut St Piiiii|) 10-yr conv. 6m '13 Knickor iVliscellaneous F-A A-O J-J FA J-J J-J Ice (Chic) lMtg58.'2.S A-i) Lackuw Steel 1st g 58 1923 A O Nat8tarchMfgCol8tg68l920 M-N Nat starch Co s f deb 68..1925 J-J Stan Uopecfe T l8tg6H...1946 Xucume gold 5m 1946 D 8 Leath Co Bfdeb g6»..19l;i V H liealty I couvdcl)g5»'24 cfe U S steel Cc)rplo-60 yrJM.ci'o:- ReglMturcd Va-Car FA M-N J-J M-N Aiirll 1 903 .M-N Clicni col Ir 5» g..l91'.' A-O 8514 Dec'04 79 '^ 115 774 82'.. 78 4 99 Sep 'o;i 109 4 110 109 4 109 4 3 108 no 94 Sale 94 95 26 93 95 106 105 4 105 4 1054 4 10234 105 4 98 4 Feb '05 98 98 105 4 1054 lO.-iis 10434 108 86 85 J'no'ii5 93 85 60 14 SnU: 60 14 60 2 59 70 614 "Sale 514 514 1 424 59 14 4 4 Moy'05 1'4 8 109 110 109 4 1094 "1 108 4 1124 101 102 1014 1014 93 103 'v 2 93 Hale 92 'h 934 1118 92 98 4 93 14 933, 9'Jl4 9734 1 "99 'a "05 99 'b May 9938 1014 7834 Sale I.J Adams Kx col tr g43 1948 M-S 103 4 Sal<> 1034 Am Dk Imp 5s See Cent N J cfe Am SS Co of W Vag5s....l920 M-N FerryCol8tcon3g5s'4.s FA Chic Jc cfe St Yard col g 5s. 1915 DetMcfe Idgr incomes.. 1911 Hoboken L cfe 1 gold 58. ..1910 .Mad Sq Garden Istg 58. .1919 Man Uch H cfe L gen g 48.. 1940 Newp Ne Ship cfe D D 5s (a990 N Y Dock 60-yr Ist g 4s.. 1951 Provident Lo.iii Soc 44s. 1921 St JoMiu)li Stk Yds Ist 4 4m. 1930 St L Ter (Jiipples Stnt'u ct Prop J-J li'kl'u M l"<> iMi g 4 S Y.ibft Si) Val 4m 5-20 yi'ar..l91 ITrWay; Ute«i bi^ ana Mlceo. a Due Jan t> Due Feo 10034 J'no'02 49 ' Apr 'or M-N M-N M-N 50 Feb'O'. J-J f-A 9638 '.'.'.'.'.'. 9634 97 M-S J-J 48 :iar'05 112 J'ly'04 58 4 71 'so' 94 4 9^>^4 100 98 9634 100 iofi-i!!"! J-l) 1134J'ly'00 90' 90'8 96 US8 Red Ref U Kef Ist sf 8 fir) i;6h.1931 96 Sale Due Mar d D ueApr ADueJ'lx Duo Ang o Due Oct p Due Xor it 494 48 10734 Nov'04 "764 74 Wat Co con g 6m.. 1923 J-J Wat Works Isl 6s 190(1 M-S cfe •*• price 1 AO 1054 1U3 103 4 « Due Deo 53 « .M3% 97 Option itiU* 1 . CHICAGO STOCK EXCHANGE—Stock GMcago Bond Record BONDS Price CHICAGO STOCK EXCH'GK Week Ending June 16 1910 Amer Strawboard I8t6s..l9ll Ave & F L) 5s.l9l2 G (St Cass Cliic Board ol Trade 48 ...1927 Clue Consol Br & MltCs A.iner Biscuit (js Friday June 16 P-A J-J J.J J-D Bid Ask 106 Vj. 99 103 104 193'.t J-J J-D Income Js Side El Metr F-A 19:'.S J-J 19uo J-J 1st 4s Extension g 4s Nori.li V'.nc St 1st 5s Ist 5s RetlllMin:r g 4H:S Ko C!i;c City 193,s 94 14 943^ 88 100 J-J 1931 A-O 19IHI StRy 4WS.1927 M-N North AVest'n El Ogden Gas 5s ist 4s. .. 1 Pearsons-Xaft 5s BB 4-40S B 4"40s Series 4-130S Series 4-80s Series , Feb 19'. W 9 .VI 1 -S 1 945 .U-N 1 illi; J-1) 1920 M-b F-A M-N G E F or Last Sale Chicago Banks and Trust Comnanies Mange January 1 High No. Low High Bankers National Low 94 . 90 891.2 101 Apr'05 103 '4 Feb '05 101 May'Oo 103 Apr'04 64 Hj Apr '06 i03i4Apr'05 104 104 99 Ha 101 '4 103 »4 103 '4 104 103 "62" "66 nmislOlHa 104^4 104 Feb '04 •dS 73 79 80 106 H2 97 '4 1 00 'g 98 ^i May'Oo 97''4 J'ne'05 16 May '05 10(;»t 97 1« Feb '05 May'Oo J'ue'05 87'8 J'ue'05 '4 98 96 Ma>'05 May'05 VO 94 90 'ue'05 (Chicago National Chicago Savings Commercial National.. Continental National.. 'ook Co State Savings I Corn Exchauge Nat. First National First Nat Enjrlewood.. Foreman Bros B'k'g Co Fort Dearborn Nat 80 68 JJov'04 Apr'04 Calumet National Chicago City Drexel State Drovers Dep National 10034 Nov'04 94 Hamilton National 1064 108 14 Hibernian B'k'g Ass'n 97 '4 98'-, Home Savings lOOSglOO'^ Atanufacturers Bank.. 97 98 W .Milwaukee Ave State. Nai Bankol Republic. •dl\i 98 Kj 16 National Live Stock... 16 94 '4 961.2 North Side State Sav.. 901-2 Oakland National 86 Peoples Trust & Sav .. 95 100 94 99 '4 Prairie National 9U 95 I'laine State... I'ulhiian Loan <fe sav.. 94 9314 95'. South Chicago Savings 90 88 961..^ state Bank of ClaC;igo. Slock Yards Savings 100 991a. 99^4 . OutstandSurplus & ing Jn j^onts Stock liJUi NAAIE Since . 60 1913 J-J '103 104 Cliic Edison debent Gs 7il920 A-0 104 -... 1st gold 5s 97 Hi 102 Chic Auditorium 1st 58...19'i9 F-A 19'iy A-O Cliic Dock Co 1st 4s loo's 1905 J-J 100 ..., Clue Eqnlt Gas 6s Mil Elec ....191'J J-J & Ky 5s Chic 72'., Chic Piieum Tool 1st 5s .al921 J-J Chic Kock I <fc Pac KB 4s. 2002 M-N 191::! M-S Collat Trust g 5s CommouTvealtli Elect 5s.6194:i -M- S lot; "-2 107 97 '4 19'J8 J-D Illinois Tunnel os Kans City Ry <& Lt Co 5s. 1913 Knickerb'cker Ice Ist 5s.l9'J8 .A.-0 97 Hi Lake street El 1st as 192b J-J 97>a "9«^ CliicCoiisolTrac4i2S Week's Kange Record-Daily, Weekly and Yearly 99''4 J'ue'o5 99^4 ii9', 100 Apr'Oo Apr "(to 99 99 991.2 99^4 99 loo Hi 's, .. Union Bank Union Slock Yds Stale 1943 A-0 1947 -M-S Ist os.. 1937 J-J Ist Os. loo's 123'4 100^4 123^4 .\pi'05 106 J'ue'05 100 100-'4 123-'4 Amer Trust & ' :? (.'cntral 1.2 ) '-2 II In 1904: 2,000,000 $1,065,^162 100,000 31,067 200,000 168,801 13 8+5 1,000,000 1,423,345 15 12+3 k 500,000 fc65,3i4 "12 2,000,000 1.7i<2,123 '12" 3,000,000 1,232,536 8 8 50,000 3,072 6 6 3,000,000 3,561,208 12 12 200,000 16,274 6 6 274,'i92 600,000 8 8 8,000,000 6,113,755 1112 12 100,000 106,770 10 6+4 500,000 627,2.;7 Priv ate Ba 226,nl4 1,000,000 6 6 500,000 141,896 "'8' 8' 1,000,000 l,04H,4m 100,000 155,785 10 10 200,000 11,589 250,000 263,154 ""ii' 6 952,tilO 2,000,000 6 6 1,000,000 1,302,966 15 12+3 50.000 6,034 6 50,000 49,530 "6 6 200,000 13,5 i() New Bank 250,000 59,596 "1138 250,000 73,721 "8 300,000 170,613 8 8 200,000 31,SV5 5 1,000,000 609,543 6 250,000 104,615 200,000 23,501 Began Mayl, 200,000 19,029 New Bank Savgs. ,000,000 Trust Co i.£ 111 2,000,000 VOO.IIOO 1051-2 io7-''„ Ciiizeu.s' Tr & Sav Bk. lOti 200,000 107 "a 108 '4 107:>4 108 11 107<4 108''« Colonial Trust & Sav.. Chic GasLt&C 107 lliU 106 '.2 J-D 107 May'05 Drovers Trust 200,000 <fc Sav.. Consumers' Gas Ist 5s..l9;ib Equitable Trust Co L03 J'ne'Oo lO-J'i 104v 500,000 19j J-J 102^', .. South Side Elev 4 ^-js 1021.2 103'i. Federal Trust cfc Sav.. 103 103 2,000,000 1914 J-J 102^4 103 Switt & Co 1st g OS 106 '4 May'us 105 107 Kirsl Trust & Saviugsj 1,000,000 1945 A-O 100 Union El (Loop) 5s 114 Nov'04 Illinois Trust cfc Sav.. 4,000,000 1911 iW-X Union Pacitic conv 4s 81 J'ly'04 Jackson Trust & Sav.. 250,000 1911: M-S U S Brewing os Kenwood Tr<fc Savings 200,000 88 Nov'04 cl9(!3 M-N U S Steel Corp 2d 5s .Merchants' L'ii<fcTr(Jo! 3,000,000 94 94 J'ue'Oo 94 100 1928 M-N West Chic St 1st 5s Metropolitan Tr <fc Sav 70 May'04 750,000 19(ii' F-A 70 90 Tunnel 1st os 80" "90" Northern Trust Co Bk 1,000,000 90 Peb'05 1914 J-D 90 Debent 6s 193IJ M-N SO J'ue'05 500,000 85 Consol g OS 79 Hz 90'^ Royal Trust Co 9(1 MayOo Union Trust Co 90 90 97 1,000,000 West Div City Ry 4 1-28..193-.' J-J 100 Jau '04 Western Trust* Sav. 1,000,000 West'rn Stone Co 5-20 58.1909 A-O WoiidliiWJi TrtfeSav Bk 200,000 Note.— Accrued interest mus t be idded to all Chicago bo ud price 8. '9 t icoi tvs sp.ici;il ilivideui oC A ISO paid 1.! -2'(j lu Ujc, 1.(0 4, in Steele .it First I'nut J6 Sn-iu\;s H uiK, * Bid and asked prices; no s.iles W'^ro inido on this d:vy. t No prici> Frid;iy latest price this week, 6 Due June, c Due April. A. Due July. fc Capital an d surplus to be increased a Due Dec. 31. Gas L& C Kefunding g 5s Peoi>le\s Dividend Record M 1,969,687 916,361 101,477 60,300 450,000 .Mergi-d wi 698,075 5,94s,405 6 7 1 4 New b ank. .. Period Last Paid % Q-J Apr '05, J-J Jan Q-J Apr '05, 4 '05, 3 Q-J Apr '05 '05 '05 '05 '05 , '05 '05 '05 Apr f.l Q-J Q-J Q-J Q-J J-J Jan -•Vpr Apr .A.pr Apr Jau . , 2 3 3 1H« 2 3 3 Q-J Apr '05, I'll J-J Jan J-J Jan '05, 4 '05, 5 Q-F May J-J Jan '05, 3 Q-J '05, n .A.pr Apr Jan J-J Jau .J-J Apr Q-J Apr Jan Q-J Apr '(t5, 1 1^ '05, 3 '05, 3 '05, 3 '05, '05, 'Oo, '05, 2 2 i IHj 191 Q-J Apr Q-J Apr '05, % '05, 1 Mar '05, II4 '05, Ihi '05, 4 Sav. Bank 5 Q-J Apr 8 8 .M-S QJ hAm. Trust & 12+4 , 3 nk 5 6 "ie , 2 .\pr Q-J Apr '05, 3 Hl,2!ll 12,988 Began Jan's, 190 3,617,53.' 12 12 Apr 257,748 6 Jan 6 1,684,022 8 8 Apr 447,335 F-A Feb 6 6 577,970 194,747 Q-J Apr 6 6 20,000 Began .Mayl, 190 5. leularoil Aug. 10, 1901. '05, '05, '05, '05, 3 3 2 3 '05, IHi 3 5 BOSTON STOCK EXOHAN&E-Stock Share Prices—Not Per Centum Prices Monday Saturday June 10 8034 June J 3 Si's 8034 25434 25434 *156 *241 157 .... SIV; 103>«103i« 255 255 157 157'4 *102^102'h .... '241 175 178 175 29 '307 •C8 *28 29 77 168 * 125 77'<2 77^i le^a 17 59* *20i4 •20I4 2114 19938 200 1712 59 2II4 200 200 '207 •207 * "79* *50 *15 99 79 60 53 •98 123 124'f *96i2 97»i •97^4 97'., IIOI2II6H. *76 92 92 le-a 17 58 59 *1934 ^934 200 199 99 9934 993, 80 60 79 79 60 98 123=8 124'8 9712 *90'.j FYtdav June 16 *98 or 98^4 12234 124 '8 *96i2 97 li 9713 a7'a *97 9712 'II6I2... lie's 2314 *BS^ 89 89 *i *4 5 5 13358 135'^, i34i^ 1341., 135 140 135 *32i<: 33 102 14 135 135 140 14034 32 14 32 't 1021-^ 102 1^ 140Hi 102 4h * -ZO^ 6 245 •I72I2I75 •43 14.... 83^8 83 't 190 190 • *li4 IS? I38I4 *137 'Ihfl *13 232 232 *9 934 10812108'^ • 26 *2>2 11912 201a 20 ii 41a 534 -43I4 84 84 139 86 31 \ k 20=i •534 6 " 245 176 170 84 190 84 190 23 26 3 10734 86 32 Ik 107 23k •89 k 90 k '13334 13434 13434 135 82 103 255 156 Do k 20k 2134 6 V Mw 2218 •5\ 6 •534 6 245 245 245 245 245 '175k 177k •175kl77k •ITSk 43 43 k 44 43 k 43 k 84 84 84 84 84 '188 k 190 188 188 187 245 •534 II4 II4 II4 •139 109 23 238 •25 k 86 32 86 123. 1234 32 238 * •9 934 *9 IO8I2 109 •108 23 3 10734 *2k 3 107 k 107 k 85 k 86 3lia 12=8 II4 140 Last Sale Last Sale •13 934 »-50 271-4 9438 9536 50 •60 •15 1734 *9>i •81 •92 83 98 Si -60 173^ n5 99 k *98 841a •al *92 84I2 •92 334 22=8 8018 •9 «9 » 4 22 7^ 813^ SO II2 3134 12=8 I312 211a 78=8 *1 934 lOtt Last Sale *25k Last Sale 107 107 851a 85k 31k 31 78 2834 '55 '•50 8 8 610 610 18 IS -0 7 17 •6 •49 •49 •49 *-50 8 605 610 •45 691a 69 12'a 13 •73 •2 •8 •50 '4 •5 19 Hi 50fc 24 8 ••75 •85 12 "a 1234 50 >4 60S •3 ••75 •90 24I4 24 9z '4 •2'j'a 92 23 >.^ •liio 1', •98 '1% •134 7Si •105 •2 100 134 2 110 "a 8 3 •29 8 24 «| 30 *lei« 1(11., 24^ 44 '4 3'4 •U"!! 109 •II4 •2 "8 44:<4 3*4 10 109 l"-. 7 •SO 76 /k 534 21 19'... 8 1812 69109 *12i2 13 751.^ 2H. 5*8 2334 IS-a -6 8k 6 •4912 50 k •3 3 Is ••75 24 •80 'a 9012 22 25 k 90 k 23 k Ihe Hie 9b *1»8 *lia 7»8 107 •214 "754" 2334 29 •10 98 3't. 10 *108 !•» 3i» 10 109 k 114 -55 8's k 17=8 7 •49 68 1234 76k 8 6 50 50 k 3 3 •90 2434 ••75 24 14 91 k 91 s 2 1 '8 22 14 «1 95 105 *2ia "b' 10 k 28 k 761a •24 444 44\ 79 14 1234 •134 718 24", 29'- 7y=H 68 2 3 79 Is 13 •lia 107 7934 6834 134 7'-'. ^334 2238 13 28 k lib 08 2 7 k 107 •2 8 •434 •734 •75 •1214 4912 *3 •90 k 49 k 12 70 3I4 •70 25 *91 22 25 92 22 k •1 •96 I'a •134 718 105 I't 100 8 8 4i3i« 413,,, 1914 19^4 •734 8 LastSale i2k 4934 •3 •95 2 73b I's 44 10 14 109 3 24 k 29 lOie 44 k 3 *9k 10 108 *1'8 108 k 1-V 49 3 --o '4 91 la 01 k 22 k •2134 •1 •Ik 3 12 k •75 •90 2412 25 k 718 106 lih 98 134 I'f 7I4 110 Last Sale Last Sale 734 44 3 13h LastSale 1"« 105 Dominion East Boston Land 177k General M .Feb '05 Amer Gold Dredging May'Oo Am Zinc Lead & Sm. May'05 ;\.naconda J'ue'05 Arcadian •60 Arnold 7-34 24 1* 24', 28''„ 28 10 10 44I4 44 k 3 3 •9I2 10 14 109 >1'8 •00 Cons Mercur Gold... '06 Continental ZiDC Jan 109 l-\ 5 1234 llletotopay'lolaijBeB»'l8CaUedlui905. tilioforopay'torassoas'tacallea in 1901. •iiidandaskeih 6 Marl3 Feb 20 98 'b J an 5 117 k Apr 38 k Apr 91 Mayi:2 10478 Apr! b •67 •40 MaroO k Jan 20 17kMayl7 2-.:kFeb 6 97 k Jan 24 104 Feb « 84 Mayl i 92 Mar 9 99 Mar20 91 May 247gMay22 1 234 May25 18 70 Apr.i4 Jan 25 9 May 3 May 31 May 2 251-4 1 200 45 J'nel6 695 12i2.vl»y2;; 840 28'- May 2 2 575 50 May 6 1,400 86 534 Jan 26 iOl J'ne 7 10 Marlb "770 16'''8Mar22 6 Mar 14 Mar24 i",506 •30 12 Jan 3 68 k Copper Range Con ColOO 1,984 354 Ualy-West 20 754 77 Dominion Coal 100 11? May'O.") Do pref 100 J'ne'u5 Elm River 12 '8 240 26 8 k b'ranklin 534 534 Grauby Consolidated. 10 2,855 22I4 22 k Greene Consolidated. 10 38,409 434 200 434 Guanajuato Consol.. 5 19 19 Isle Royale (Copper). 25 1,950 900 7^8 778 Mass Consol 25 75 J ue'Oj Mayllower 25 12-8 Michigan 12 k 26 1,820 b90 49 k 49 k Mohawk 25 3I4 M ontaua Coal <fc Coke 25 *3 100 '75 •90 13 old Colony 25 •24 k 25 k Uld Dominion 25 1,485 217 91 91 Osceola 25 2134 730 22 i^arrott(SilVtfc Copp) 10 •1 350 25 "I'f Phojuix Consol 411 97 97 (.iuiucy 26 1''8 Hhoile Island 138 170 25 60 I'b Santa Ee(Gold & Cop) 10 r« Shannon 7 10 1,134 •105 110 Tamarack 16 25 J'ue'O I'ecuiusoh 3 25 i2->» Mui'Oo I'euuessee 25 7-14 Trinity 950 T\ 25 241.. United Copper 24 100 1,570 28 '4 3,110 UmtedStates 29 Mining 26 •10 195 10 k Unit States Coal cSiOii 25 44 44 =« U tab Coa (»olf}) 6 2,'J98 3I4 3=4 346 Victoria 25 110 •Ok 10 k Wiuona 25 109 154 109 Wolverine 25 •1 100 13, Wyandot 25 68 93 26 May 13014 May23 149 Mar 2 132 M'»»22 14018 Mar 7 148 137 May23 Jan 4 21 Jan 23 40=8 .^pr 18 92i4Jan 3 109 Mar31 314 Marl3 434 J'ne 9 119 Mar25 124 Jan 6 17 Jan 24 2479 Mario 5 25 29i8Aprl5 12i2Apr Jan 3k Feb 71 24I2DCO Deo 87 638 Nov Feb 27 k Sep 122% Feb 152 14 Nov 122 k Jan 141 Nov 17 119i4Feb 149 14 Nov Feb 9 21 la Nov 9434 Deo 4 Sep 3 Nov 112 k Jan 12234 Dec 7 Nov 1934 J'ne 2,781 '4 534 May 1 734 Jan 10 10 7 la Dec 5 k Jan 80 245 May26 257 Apr 6 230 Feb 265 Aug 90 169i8Mav2'.i 191 Jan 17 al51 J'ne 194 Nov 2,199 38I4 Jan 6 4534 May 12 iio Dec 44 14 Aug 1,829 SOI4 Janlo 88i4Mayl2 7734 Mai 3434 Oct 29 n88 J'nelo 206 Apr 29 173 J 'nt 200 Nov Feb 6 2 234 Nov 1 900 Jan 4 life Apr 34 134 Feb 17 140i4Apr27 118 Feb L41 Nov 234 Jan 9 Feb 24 1 kOct 4 Jan 10 Jan 6 17 Jan 10 8 Get 17 J'ly 46 230 May23 25212 Feb28 208 Mar 243 Nov 8 k Jan 1'.: 10 14 Feb 2 9 Nov 10 Oka Jan Oct .XV, 164 105 Feb^4 114 Jan 5 xdb\ Mar 116 23 Jan 18 23 Jan 18 22 Dec 22i2J'iy 16 25 May23 261^ Jan 16 24 k Oct 26 Nov 4 Jan 6 Oct 2 k May25 2 Jan 5 676 103 Apr 29 115 Feb 20 95 Feb 113 J'ue 61i2Dtc 451-4 6I34 Jan Feb 3 95kFebl7 069 666 30i4May 8 39kPebl6 28 Jan 32 Oct 6 k Ma) 20 Is Dec 3,600 1134 J'ne 8 14 k Jan 16 100 k Jan 10 10878 Apr 77 Jan 103 Dec 4434 3473 Jan 4 1034 Feb 34 Nov Apr 467 4 Adventure Con 25 1,200 22 k AUouez 25 1,818 79=8 AmalgamaTed CopperlOO 19,791 75 53, IOI4 •1'8 12 k 77 22^8 43^8 •3 109 08'4 534 2414 2834 lU'a '4 12 k 21k 25 >» 08 14 75 534 73, •10 50 22 k 5 19 8 24 29 10 k 23^8 2«3^ •50 534 *2l2 3 •49 Last Sale 25 k 2138 18 1,300 10 & Tel 100 '66 Iron & St 25 25 25 •45 50 40 25 IS^ 131., 13 13 Atlantic 2D *2S'4 29 29 Bingham Con Min&S 60 28 k •60 •55 •55 55 Bonanza (Dev Co)... 10 8l8 8i« BostouConC&G (rct8)£l 615 U5 620 630 Calumet & Hecla 25 LastSale 15 Apr'05 Catali}a (Silver) 10 17k IS 17 k 25 17 k Centennial Last S'ait 6-34 May'05 Central Oil 25 Last Sale 2k 8l8 946 297 921 19i2Jan25 Jan 3 4i4Aprl3 20 Jan 17 86 iVIiuing 4 22 k 76 534 84 98 •3=8 13 76 2034 21 »8 •434 514 •434 514 19 12 19 k I8I4 18->4 8 712 734 •75 •90 ••75 •85 1234 123^ 12 12 1234 •81 •92 2218 010k615 24 Last Salt Last Salt *98 14 -60 8 2k Hi\ 4k 22 68 •2 8 94 14 •1 2«k ;<9 7 -oU Ik 2734 Last Sale 11 10 Last Sale y Last Sale ^514 Ik Last Sale 2 *-50 13 •55 1>53. *3=8 13-it 8 18-'4 3034 -60 29 •6 •eo 1734 2734 221. 700 202 10 Edison Elec Illiun...lOO Electric 100 45 14 Mass'chusettsGasCoslOO 8478 X>o pref 100 187 14 Mergentlialer Lino. .100 -II4 Ik exican Telephone.. 10 *1»9 140 N E Telephone 100 May'Oo PlantCom t'st stk comlOO 15 Mar'05 Do pret...o 100 238 Pullman Co 100 934 934 Reece Button.Hole.. 10 108 la 109 Swift & Co 100 23 Jan '05 Torrington Class A.. 25 25 k Do pref 25 12" May'05 Union Cop L'd & Mg. 25 100 1071a 107', United Eruit 86 87 United Shoe Maoh... 25 31=8 pref Do 25 317i, 1314 1314 U S Leather 100 iOSTg Apr'05 Do pref 100 May'Oo U S Rubber 39 14 100 2(^4 k J'no'05 Do pref 100 2734 -zl-^, 100 9,84M U S Steel Corp 9433 943j, Do pref 100 5,257 50 J'ne'05 West End Land 25 2712 May'O West Telep & Teieg.lOO 16 98 100 Do pref 25 Westing El cfe Mfg.. . 50 20 Do pref 50 22 79 13=i8 ••50 605 •50 10 •50 -50 as, s^t 605 84 98 4k •60 •I3I4 27 k 28 941a 94k '98 84 14 84 14 92 13 92 k 22k 2yi4 29 -60 1734 *3k 10 •1 l^i -60 13=8 13=t 98 2838 93 '8 05 k 99 3k 10 27% -15 2234 22 bO^a 81\ 312 28 14 Land 119k Cumberl Telep J ue'05 Boston 221, Last Sale Last Hale Last Salt 27 28 93^8 94 Highest pref 23 90 21^8 238 238 23 89 k 139 k 140 32 k 33 102 k 103 4 k Last Sale 4'i ii'g"' 119 k •119 119k •119 '139 140 *lli8 1381a 139 •2 51^ *2l2 Lotcest Uailroads Atch Top & Santa FelOO 1,333 Amer Agricul Chem.lOO 100 Do pref •438 •4^8 5 5 Amer Pneu Serv 50J Last Sale 22 J'ne'05 Do pref 50 134 k 134 k 134k 134k Amer Sugar Retin 100 135 135k 135 135 Do pref 100 140k 14034 140 k 14034 Amer Telep & Teleg.lOO 32 12 323, Amer Woolen 32 k 321a 100 103 10334 102 '8 102 78 100 Do pref •2238 24 2012 IOSI2 109 934 107 5 4 niio "212 •438 119 k 119 k •13 235 *9 109 "26" 4V,* 102 k •Hie *13 232 *9 22 '8 90 3234 •114 •IVj 138 2278 90- *43i4 I88I2 190 3 a-z 6 245 17434 175 k. 23 k 91 i34'" 134 1351a 135k 1391a 140 32 102 Highest Lowest Sharef. 7778May20 9338 Mar 9 64 Mai 8914N0T 100 28 99k Jan 25 104 Is Mar 9 88 Jan 104 14 Nov Boston & Albany 48 254 Jan 3 261 Apr 4 23934 J'ne 254 Deo 100 Boston Elevated 100 204 2!l54 Jan 25 158 k Apr 28 xl37 Fob 1561s Deo 241 248 Boston <fe Lo-well 241 241 241 100 4 x2il May2<:; 249 Mario 230 242 k Nov •175 178 •175 '175 178 Boston & Maine 100 79 «172 J'ne 2 185kMarl4 158 Aug 175i2Dec May'05 Last Sale 17-JDo pref 100 171 Jan 6 175 Apr 8 166 Apr 174 Oct *307 Last Sale 309 J'ne'05 Boston & Pro'videncelOO 305 Jan 18 310 Apr 25 295 Feb 303 la Dec 2934 293. Boston&Wor Elec Co. 29 29 '4 •29 14 29 k it;o 13kJanl7 35 Mar22 773. 77 77 77 285 63 k Jan 17 82kADrl3 77 k 77 k Do pref Last Hale 169 J'ne'05 Chic June Ry & XJ S Y 1 00 168 150 Jan 13 182 Mario 136 J'ne 154 Oct *125 J'ne'us Last Sale 1^5 124 Jan 9 132 Feb 8 riir,i2J'ne 127 Dec Do pref 100 *I87ii2 Last Sale 187^ May'05 Con& MontCla8.s4..100 186 Jan 4 I8934 Mar25 180 J'ne 186 Nov Last Sale 165^ Apt '05 Conn & Pass Eiv pref 100 160 k Jan 19 165k Aprl7 160 Apr 162i«Jan Last Sale 295 285 Jan 12 295 Feb 7 276 Jan 285 J'ne Mar'05 Connecticut River. ..100 •144 1441414414 •144 .... 20 142 Jan 3 148 Maris 133 J'ne 142 Nov FitchOtirg pref 100 •79 *76 *79 .... 50 59 k Jan 7 6 76 Mari4 24 14 Jan 57 Dec Ga Ry& Electric 100 •92 *92 92 .... 3U 86 Jan 4 92 Mar24 73 Jan 88 Dec Do pref 100 47 175 Jan 24 185i2J'nelo 170 J'ne 175 Apr Maine Central 100 19 14 IMI4 Mass Electric Cos 1712 18'.^ 20 19 100 1,240 13i2Febl] 23 Apr 3 lli4Sep 24 Jan 61 59 61 61 k Do pref 100 1,214 55i4i?ebll 70i8Mar30 52 14 Oct 801-4 Jan 601a 61k 14 •2Ui2 21'^ Last Sale 2934 1934 May 1 26 ka Marl 4 Mav'05 Mexican Central 100 5 Apr 2314N0V 19912 200 a;l97i2, 198 44; 195 14 May 23 211 Aprl7 185 k May 199 Oct 197 k! 197 k N Y N H & Hart. ...100 Last Half 26734 May'05 Northern N 165 Jan 19 16734May26 159 Aug 163 k Apr 100 •^32 Jan 24 233 May23 222 Jan 232 Apr Last Sale JS3 May'05 Norwich <fc Wor pref 100 '207 205 Last Sale ^61714 J'ne'05 Old Colony 100 k Jan 6 212 Apr 26 198 J'ne 207 Apr *. .100 100 79 Jan 9 102 Feb 14 74 J'ly 80i2Feb 100 •100 Fere Marquette 100 79^8 79 14 79 14 791* 665 78 Jan 4 87 Feb 6 68 Mar 79 k Nov 79 79 Do pref..., 100 ^ 50 Apr 13 72 Jan 19 29 Aug 73i4Deo 6U Last Sale 58 May'05 Rutland pref 100 *15 15 Jan 13 17 Mar20 Last Sale Mar'05 Savannah Elec com. .100 50 Jan 5 5578 Apr 18 40 Jan 42 Feb Last Sale 53 Apr '05 Seattle Electric 100 •98 98 5 93 k Jan 9 100i4Feb25 98 k •98 98 k 87 \ May 95 k J'ly Do pref 100 9«k 122 k 12338 122=8 1231* 100 5,155 113 Jan 6 137 Is Feb 25 7138 Mar 1167gNov 97"'" Union Pacific 97I2 *96i2 10 96 May23 101=8 Feb20 86i4Mar 97i4Deo 97 Do pref •96k 97 k 100 2 172 Jan 18 175 Mar 2 160 May 173 Nov Vermont <fe Mass 100 1731a 173k 97 12 971.. 9738 98 93 Jan 3 99 Mar21 89 Jan OSklJi-'c 98 177 West End St 50 981s II6I2 117 116kll6i2 •11634 117 12 112 Jan 3 117i8Apr28 108 Jan 114 Dec Do pref 50 Last Sale M^i Mar'06 Wisconsin Central. ..100 16 >4 J'ly 17 k Feb 211s Jan 27 25 Feb 23 Last Saoe 43^ Dec'04 37 k J'ly 43i2l.leO Do pref 100 146 Mar20 147 Mar28 143 Dec 146 k Deo Last Sale 147 Apr '05 WoicNash& Roch..lOO 24 245 23 26 107 86 107 86 32 90 4ia 119'2ll9l2 •1934 6 22I2 24 24 * 23 14 91 lor Previoui Year (1904) Week EXCHANGE lUiscellaiieous *22»i 23V! Ranqe lor Year 1905 the n 53 53 98 Thursday June 15 Mange Sa les BOSTON STOCK H *15 ' 98 H '144 207 *w 50 *15 • 29 77 168 *75'2 *125 *187i2 143 >2 144 75 75 *91 •143 •75 *91 *16 *59 175 168 '125 'I8712 •187'2 STOCK.S 81 ^8 82 8IH2 817e 81k 82 % 81 14 102^2 10278 102^410234 IO214 10234 •102 k *255ia 255 255 255 255 255 156 15634 157 157 •15614 157 i.'-.e '241 '307 *307 *28 «76 Wednesday June 14 Tuesday June 13 Weekly and Yearly Record, Daily, Jan 25 64 llkMar3o 08 k Jan 40 k Jan 838 5 lis 50 23 Mar k Nov 101 i.(:C 7534 J'ne 93 100 Deo Jan 6 k J'ne 76 1:90 Is Aug 7^8 Nov 75 Aug Feb 23 do^lQ Mai t21 Nov 89=8 Apr 14 43 Feb 8234 Deo 1 Mar 75 Mai 12''8Jan 5 8 Feb 14 Oct 31 Is Apr 12 1638 Feb 2934 ^uv 2 3 JNov Jan 13 25 Feb Ik j;elj2o •20 J'ly Ik Nov I&34 ,vlari;i 7 Feb 221.1 .\ov 3578 Apr 17 Mai 38^4 Nov 19 85 Mario •39 May 13iu i\ov 834 May 19 7'8Nov 6 Oct a9>-> Feb 20 435 Jan 700 Nov 15 Mar 1 05 Apr •25 Nov 26 Jan 4 tiUkFeb t3234 Nov 10 IVlay 678 J'ly ^8 k Jan lb 75 Maylu 20 J'ly •75 Jau 1534 Jan 20 Oct 7 k Apr 14 83 Mar 14 38 Feb 74 k Nov 18 k Feb 15 1034 Aug 36 Jau 86-'4 Mar3i 40 J'ne 72 Jau (8 24 Jan 11 2!li li.- t) 9i4Apr 6 1134 Mar 4 May 19 2 9kMay22 45 39 ••'b Jan May 6 2 6 Jan 13 15 k Feb 21 105 Jan 4 120 Feb 16 2 7e Feb 21 liHJ'ncl2 JNowatook. tAsa'tpaiO. Dec 95i3DeC Apr •75 Jan Ma) Janlo Janlo 117 JVlar25 103 J'ly 134 J'ne 2 May2u 3i4Janl3 12 k Jan 16 J'ne 7 Apr 8 6 k Mai 2-^8 Mar 5 Jan 4 20 Oct 2034 J'nel3 30 '4 Apr 10 7 14 Apr 18 6 2 la Feb 3 Jan 4 17i2Mtty23 28-'4 Janl7 6 k May 6 Muy2ti 13kMarl3 d 3 Feb 75 Mar.'9 Ik Jan 12 •45 J'ly I034 Marl 3 lOis J an 3 k J'lif 48 May 1 56 k Mar 9 34 Is Feb 5 214 Jan Apr 12 '4 Janlo 3 75 .May29 Ik Jan 18 50 J'ut UI4 Feb 23 '4 May 1 28 k Jan 3 88 Feb 9 103 Marl4 53 Feb 30 Feb 2034 lu k Apr 22 J'ncl2 3 '4 Jan 14 1^50 Aug 1 Mtiy22 80 l''eb 95 May 4 118 Jaui; k Feb 21 •60 Ma) l'4May 1 3 18 Jan lis J'ne Ik-May 8 9 Jan 3 3 k Auf: 6»8F*il' 101 May23 140 Marl 4 85 May 3 '8 Marl 25 J'ue 2 Feb 6 29 Feb 2; 35 Janlo 31 Nov 13=8 Feb 1 334 Mai Jan 26 738 .Mai 9 MurlO 28 Aprl8 21 Jan 2:, 33 'b Apr 1 18 Jan 60 113 99kDec May 33 4 SHj 30 2 6 69 50 Nov Nov 116 4 15 kNov 6II10N0V 34 k Deo 5 3514 DeO 2 11 Nov Nov k Deo 67 k 634 Nov Aug 2i4iSov 29 '4 Deo 98 Nov 3 d k N oV )5 Nov 125 Nov Nov 3 3 k Nov 1034 >Iov 140 .Nov 414 Nov 43 Deo 18 k Nov '4 6 i\l;ir 28'>4 Deo Jan 1234 iMov Jau Not 638 Nov 1338 Nov 110 Nor t3 Mot Is J 'lie Feb Jan Feb 47 Ex-nghts. oEx-div.<fc rights. 5 June 17 „ I9«»5.| June 16 Improvement 99^8 100 96 's Sale M-S A-O Nov M-S 1924 M-S 48.... 1918 1918 Non-exempt 6s 1910 Sinking fund 4s 1917 Butte A Boston 1st Cs Cedar Bap <fc Mo R 1st 7s. 1916 .1909 2d 7s . Cent Vermt"ist'g4s!!Mayl920 Chic Burl & Q extend 4s. 1905 1919 Iowa Div 1st 58 1919 lowaDiv 1st 4s 1913 Debenture 5s 1922 Denver Exten 4s 1927 Nebraska Exten 4s 1921 Bcfc SW8148 1949 lUinoisDivS^s Joint bonds See Gt Northern Chic Jc Ry <fe Stk Yds 68 .1915 CoU trust relunding g 481940 Ch Mil <fe St P Dub D 68.. 1920 Ch M & St P Wis V div 6sl920 Chic & No Mich 1st gu 53.1931 Chic & Mich gen 68.. ..1921 Concord & Mont cons 48.. 1920 Conn & Pass R Ist g 4s. ..1943 1927 Current River 1st 5s W May '05 J-D 11134 87 87 loo 109 AG A-O M-N 101 ibo'-i J-J 9534 Sep '04 May'05 lOl^s Apr '05 105 J'ue'04 100 1.2 Maj'Oo 10614 Dec '02 99»8 Apr '05 96I4 J'ne'U5 . FA Dec '04 10234 Feb '05 9934 Mar'(i5 100 J'ne'Ol 129 J'n6'05 11134 J'ne'Oo A-0 M-N 129S8 M-N M-S <J6l4 loe^aio? 107 "4 May'05 1001* 100 100 >> 100 126 12 Mar'05 126 12534 126 Feb'05 108 Mar'05 10834 109 log's 1091s 109i4Mar'02 112i4Jan'03 102i2Apr'05 102 97 100 98 98 1091a Mar'05 J-J A-O J-J J.J M-N J-D MS 1915 1927 M-S Fremt Elk <fe Mo V 1st 68. 1933 A-O 1933 A-O Unstamped 1st 6s fttNor CB<feQcoUtr4sl921 J-J 1921 Q-Jj "Registered4s 4s 10258 Sale 102 o& 103 Is 103 10534 10534 May'05 140»8 Apr'05 140 140 . Note— Buyer pays accrued 10234 9534 1121-! 112S8. J-D A-O A-O DetGr Rap&W Ist 48.. .1946 A-O 1913 M-S Dominion Coal 1st 6s 1906 M-S Eastern 1st gold 6s FitcUbnrg 48 102>2 99^8 Jan '02 101 Mar' 03 1121a Jan '03 F-A J-J J-J J-J 3128. 1947 Mar'05 Is 10268 Apr '05 Apr'05 140 10034 101 ig May'05 101 42 Monday Saturday June 16 June — Not Wednesday June li Range or Ask Bid Lovj Since January 1 03 Cr High yo Low High Illinois Steel lOliglOlia 100 1021a 100 101 10741081a . 1224125^ 974 98I9 CM 9434 93 103 106 104ial06i» M >.) 102141 02 i-j 70»8l(77 25 25 94 98 . 10334 10334 . ' No price Friday Exchanges— Stock Record, Per Centiitn Prices Tuesday June 13 I'i 9934 IOOI4 94 97»8 interest in addition to the purcliase price for all Boston Bonds. i'rices Week's Last Sale . . Philadelphia and Baltimore Stock Share Ranpe Price Friday June 16 deben 5s 1910 J-J 100 10 14 May 05 Non-convert deben 5s. .. 1913 A-O 100 Sale 100 100 108 108 la Falls & Sioux C 1st 7s. .1917 A-O 12SiaJ'ne'04 102 110412 Kan C Clin & Spr Ist 58. 1925 A-O 100 la.... 100=8 J'ne'05 94I4 9738 Kan C Ft S & Gulf 1st 78. 1908 J-D 107=8 --. 10734 10734 Kan C Ft Scott & M 68.. -.1928 M-N 123 I23I2 123 123 98I4 & B gen 4s 1934 M-S 98i4May'06 Kan 93 'a 941.J 93 4 May'05 Assented income 5s 1934 M-S Kan C & Ry <fe Br 1st 5sl929 A-O 1033j 105 104 May'05 KanCStJo<feCB 1st 78.. 1907 J-J 104 Hi Sale 104 4 104 LR<fe.FtSmldgrlst78...1905 J-J 100'«Nov'04 Maine Cent cons 1st 7s... 1912 A-O 1204 Sep '04 1912 A-O 102>a Cons 1st 4s 102i4May'ii5 10234 10234 Mara Hough & Ont 1st 6s-1925 A-O 118 Mav'04 "74" Mexican Central cons 4s. .1911 9i)34 J-J "Ye" 117638 117038 991a Istcons inc33 Jan 1939 J'ly 25 Mar'05 Jan 1939 J'ly 129 129 'Jd cons inc 3s l6'--8 Noy'04 11134 111*4 Mich Telep cons 5s tr rec.1929 J-J 75 J'ue'o:; 8934 Minne Gen Elec con g 5s 1929 J-J 81 102 4Aug'04 New Eng Cot Yarn 58-... 1929 F-A 98 May'Ou 98 109 109 New Eng Teloph 6s 1906 A-O 101=8. 102 4 Dec '04 1907 A-O 103 101 10138 6s 103 Aug'04 6s 1908 A-O 101 10334 Apr'05 106i4Feb'()5 100 10134 58 1915 A-O NYc&'N'Eiigl8t78."'!".'l905 J-J 100 Dec '04 9938 9958 1st 6s 1905 J-J 100 Dec'()4 IO4I4 J'ne'04 1924 F-A 951a 96=8 Old Colony gold 4s Oreg By & Nav con g 4s. -1946 J-D moa's Jan'05 10618 108 Oreg Sh Line 1st g 68 1922 F-A 125 4 Mar'05 99ial00i4 Repub Valley 1st s f 6s. ..1919 J-J 103 103 ig Apr '05 126 >a 126^2 Rutland 1st con gen 4ias.l941 J-J Rutland-Canadian 1st 4s 1949 J-J 126 126 102 Mai'02 U'8 1081a Savannah Elec 1st cons 58.1 952 J-J 99 99 4 99 4 99 4 1081410914 Seattle Elec 1st g 53 1930 FA 106 1054J'ne'0,". Torrington 1st g 5s 1918 M-S 107 Feb '03 Union Pac RR cfc 1 gr g 4s. 1947 J-J 104 Nov'04 1911 M-N 101 10212 1st Uenconv 48 11120 May'05 United Fruitconvgen 5S.1911 M-S 109 98 li)0 109 J'neOS 10734 1091.4 U S Steel Corp 10-60 yr 58. 1963 M-N 119318 1193 >« 102=8 103 4 West End Street Ry 4s.... 1915 FA i03* 102 4 Apr'05 IO318IO318 1914 M-S Gold4>as 10534 May'05 10534 106 Gold debenture 4s 1916 M-N 10234 Apr '03 Gold 4s 1917 F-A 1024 139 140=8 103 ig May'05 139 I4OI1; Western Teleph & Tel 58.1932 J-J 104 4 Sale 1043b 1044. 36 98 1013g Wisconsin Cent 1st gen 4sl949 J-J Jan '05 1191 w8 101 Wisconsin Valley 1st 7s. .1909 J-J 111 111 I4 Apr'05 7 ye^R 110 Feb '04 104 "a Apr '00 117 Feb '04 1907 J-D 1944 J-J 1905 FA Bost& Mon 3d issue 78. ..1904 M-N Boston Terminal 1st Bur & Mo Rlv ex 6s 100 9634 97 BOSTON STOCK EXCH'GE Week Ending June 16 High Ho Low High 9y7g 108 96 Since Jantiary 1 or Last Sale Ask Low Bid J-J J-J Atch & Nebraska Ist 78. .1908 Atch Top & S Fe gen g 48. 1995 J'ly 1995 Adjustment g 4s Boston Elect Light 1st 68. 1908 Consol 58 Boston & Lowell 4s Boston <fe Maine4><28 Range ItOND8 Range Weekfs lYice Friday Am BeU Telephone 4s 1908 Am Telep & Tel coU tr 48.1929 . 2449 Boston Bond Record. BUNDS BOSTON STOCK EXCH'GE Week Ending Junk 16 I — ; ACTIVE .STOCKS Thursday June 15 and asked. Range for 191)5 the 1[ 106 14 1102'8 I027g 124'<4 1251a 103^10318 97 100 1041a 10634 1118411138 10741144 i;92'8 1197=8 1024 1024 10534 IO6I4 103 103 103 105 1191 91 4 4 llll4lll'4 Flat price. Weekly, Yearly Daily, Sales of (For Bonds and Inactive J<riday Year Range lor Previoui year(lHU4) Week Stocks see beLow) June 16 latest bid ; 106 tshare.s Lowest Lowest Highest Apr 13 Feb 24 574 Jan 22 4Ai)r II 7 .i'lie 1334 J'ne 534 J'ne Dea Deo 19^8 Not 40 43 J'ne 18 4 May 51 Oct 26=8 IJ«o Hiiihesl Baltimore 83 102 ' '100 19=8 'I9I4. 101 . •I914 •38I4 384 384 3334 1938 38'4 *1234 83 *lo0 1014102 19 4 20 19 4 19 14 •3818 1938 38 14 1^ 3834 13 4 39 14 " Consolidated Gas 50 10141021a Northern Central 29 030 176 118 83 83 102 83 '19=8 100 50 seaboard Air Lino 100 Do pref 100 United Ry <fc Electric. 50 viO 3834 *38 4 39 14 13 4 *1334 14 50^2 51 American Railways.... 50 2636 Cambria Steel 50 Consol Lake Superiort.lO(J '4 83 99 16 -MaylG 90 May 25 110 Jan 13 354 Jan 11 40 12 4 Apr 24 18 .Mai 2 It Mar 3 86 J'ne 109 4 71 Nov lokDeo Philndelphin 504 504 *504 •50 51 26 4 264 11=8 12 •10 39 103 64 . 11^4 lO's 264 ll''< 10 '* 39 103 11 '8 *10 *38 4 67 i278 674 434 9% 9'ii •'8 2734 47«io -4 27 •4414 4 1 -604 'O i 9534 •. 9ivJ, 4 67^8 43 14 43'... 9816 264 '8 48 46 4 67=8 27=8 47=8 48ii6 45 14 45^4 -444 45 593, 9434 9638 3=8 67 4 67 95 20 49 42 s 9iia 2634 918 4234 9I16 2678 46 2634 47»4 *4oi4 "a 45 441.2 94^8 48 46 45 59 594 9434 95 20 8 4 813ig 58 1932 l8t 5s.'33 A 1st M 58 1920 M-N Elec & Peo Tr stk tr ctts Elm & WU 1st 68 '10. J-J E <fe II <fe Interstate 6I34 Schuyl H..50 50 RRs 34 Steel. North Pennsylvania.. 50 5u Penn Gas Coal 21 Ask Bid 1144 1164 102 1024 11134 II211 90 106 1194 120 47 117 109 118 4 110 i09 4 113 101 101 14 F-A Nav 44s 106 64I4 63 4 J-1) J-D Gen cons 4s ad-int ctfs. United N J RR <& C. lOo Unit Pow & Trans 25 50 United Trac Pitts N 51 Preferred 50 "Warwick Iron <fc Steel. 10 West Jersey & Sea.Sh.60 60 Westmorelanil Coal. ..50 85 * 275 5 4 Bid ana asked prices; uo sales on this day. |1 Lowest is Coal<fc lion. 100 Pref 100 Atlanta & Charlotte 1 oO Atlan Coast Line RR 100 Sou& Fla...lOO Atl& Chl8t7...1907 J-J Atlan C L RR4S1952M.S Atl Coast L(Ct)ctfs 58 J-D Ctlsot iudebt 4S....J-J 5-20 yr4s 1925 J-J Bait c Pass 1st 5s '11 M-N Bait Fuudg 5s. 1916 M-N Consol 5s 272 os 1930. J.D BonilN Anacostia c& PotSs cfe 1919... Var Penn & Md Steel con 68. Y Can 78 '06.J-D Pa <fe Con 53 1939 A-O Con 4s 1939 A-O Penn Steel 1st 58 '17 M-N People's Tr tr certs 4s '43 P Co l.st<$; col tr 5»'49 JI-8 t Ist pref 100 2d pref 100 G.B-S Brewing 100 MtVernon Cot Duck 125 '4 lo s Ala Cons Georgia 96 974 Newark Pass con 53 1930 115 4 100 Preferred PhUa Co (Pitts) pref.. .50 47 14 4734 NY Ph & No 1st 48 '39 J-J 102 158 Income 4s 1939. ..M.N German Norris.50 PhU 994 100 No Penn 1st 48 '36.. M-N Phila Traction 50 Deben Gs 1905 M-S Railways General 10 2 Penn gen 6s c 1910.. Var 14 Susqueh Iron <& Steel. Consol c 1906. ..Var 113 Steel 1 14 6s Tidewater 10 Preferred W U Trac Ind gen 5s'19.J-J Un Rys Tr clfs 4s'49J&J U Trac Pit gen Ss '97 J-J AtlauCoastL (Conn)lOO Canton Co 100 Leh V Trac lst4s'29.J-I) New Con Gas 5s 1948 J-D 106 M . . Gen M 44s g. 1924. Q-F Leh V C 1st 5s g '33-- J-J 1144 Leh V ext 4s 1st 1948. J-D M.S il7' 2d 7s 1910 Consol 68 1923 M Inactive StocUs '14.Q-J Annuity 68 M BALTiniOKE 884 89 1914-Q-F 48 g PHILADELPHIA M M Exchange II6I4 3 4s 1930 J-J m Bait <fc P 1st 63 1 '11 A-O Bait Trac 1st 5s.. '29 M-N No Bait Div 6s 1942 J-D 96 974 103 4 104 111 ex-dividend. 1 11 '4 2434 439 :-; Bid Ti)>15paia. ^ Ask 10234 10314 7134 72 4 May 139 734 May 11718 Keorganuation X 1 9 4>iov 1838 Deo Feb III4N0V 54 J'ly 144 Nov Aug 44 4 Nov 62 4 Jan 131 4 Dec 3334 Feb 69 '8 Deo 2^8 Mar 4 4 Nov 20 5573 Mar 37=8 May 5 May 8 Jan 1 70 Deo 43=8 001 10 'e Deo 19 Nov 194Mar 41i4Deo 81 Mar 46 Deo Mar 42 4 Deo 5914 Dec May 108 Deo 1934 Oct 38 28 4534 Jan 22 JJAI/PIi>10RE Bid Chas City Ry 1st 58 '23 J-J Chas Rv G <fc El 68 '99 M-S Charl C <fc A ext 68. '09 J-J 105 2d 7s 1910A.O City&Sublst58..'22 J-D 1164 117 City <fc Sub( Was) 1st 68'48 1114 1124 Coal <fe I Ry let 58'20F.A 105 4 106 Col.S;Grnvl8t68.1916J-J Consol Gas 63. ..1910 J-D 122 124 5s 1939 J-D G a <& Ala Ist con 58 '45 J-J 110 GaCar<fcNlst5sg'29J-J 991, GeorgiaPlst68...'22 J-J 84 14 a4 4 GaSo& Fla l8t5s 1946 J-J G-B-S Brew 3-43 1951M-S 63 2d income 58 1951 M-N KuoxvTrac 1st 5s '28A-0 LakeR El 1st gu5s'42M.S MetSt(Wash)lst6s'25FA 60 66 90 92 4 Mt Ver Cot Duck lat 58. Incomes 160 NptN&OPl.st58'38M.N 160 158 General 03 1941 M.S 390 iOO Norfolk St 1st 68 '44.. J J 924 95 North Cent 443 1925 A.O 35 30 Series A 5s 1926 J-J 98 100 Series B 5s 1926 J-J 76 70 Pitt Un Trac 5s 1997. J.J 8I4 9 Poto Val 1st 5s 1941.. J-J Sav Fla & West 5s '34 A-O Seaboard A L 4s 1950 A-O 10434 105 Seab & Roan 68 1926. J-J 106 4 South Bound Ist 5s--A-0 10134 102 UEl L&P 1st 44s'29 M-N 113 117 Un Rv<& Ellst43'49 M-S !i6 93 lucouie4sl949 J-D 96 14 96 4 Va Mid 1st 6s 1906. .M.S 106 106 4 2d series 6s 1911. ..M.S 1174 119 3d series 63 1916. .M-S 107 108 4th ser 3-4-5s 1921..M-S 112 5th series 5s 1926. M-S 115 iis" Va (State) 3s new '32. J-J 119 121 inimUlebt 2-38 1991. J-J 100=8 101 West N C con 6s 1914 J-J M-N Cenfl Ry con5sl932 M-N 1164 KxtA Imp r.s.l932.Ar S 114 Convertible 5s. '06 U Ex-rigUts. 48 15 102 14 J'ne 2 ll4'8Jau 3 2,712 624 Jan t> 70 Feb 25 1 705 3 J'ne 1 534 Jan 17 747 6513, May2i 7334 Marl3 2.8'J8 4034 Jan 25 48 4 Mar27 18,407 8 J'ne 5 12 4 Apr 2 7 16,580 fl734 Jan 4 J36 Aprl7 74,108 39=8 Jan 4934 Alar 9 102 45 May20 47 Feb 2 42 Jan y 46i4Mar 9 58 14 Mar 9 63 May 19 i,4;*2 10,034 90 J'ne i) 12538 Apr 18 20 Feb 28 28 Jan 17 Phil Elec gold trust ctts. Trust certifs 48 P & E gen 5 g •20.A-0 Gen 4s g 1920. .A&O Ph & Read 2d 6s '33.A-0 Con 78 1911 J-D ConM 6s g 1911. ...J-D Ex Imp 4s g '47 -A-O Con ot '82 4» '37.J.J Terminal 5s g 1941. Q-F P & B col tr 4s '21. J-J Rochester Ry con 5s 1930 Welsbach Rys 3-34-48 1943 Lehigh 12 9434 Gas-L l8t g 5s 192b B Top con 58 '25 A-O Indianapolis Ry 48.1933 16 944 60 50 MarsdenCo 100 Pennsylvania RK 50 Philadelp'a Co (Pittsb) 50 PliUadelpliia Electric. 25 Phila Rapid Transit i.. 50 Beading 50 Do 1st pref 50 Do 2d pref 50 Union Tracton 50 United Gas Impt 50 Welsbach Co 100 Ry 1st con ConTracof N J 80 "5914 45 59 14 25 3,554 1 Nav . 25=8 2638 4773 48 -is 451I1B 45"ia Hontis Al Val E ext 78 1910 A-O AmRy8Conv68 1911.J-D 50 Atl City Ist 5s g '19-M.N 494 Balls Ter 1st 58 1926. J-D Eq 66 4 4 67 4 42 4 67 4 •421^ FUILADEI.PHIA Ask H 1514 1134 12 39 *1024 103 4 Lemgh Coal & 64 14 643b Lehigh Valley 4<>7iiiii 4238 8 'a 27 Col St 16 79 10 50 Pennsylvania Salt Pennsylvania Steel. .loo 644 Jan 3 544 Apr 4 May22 2838 Feb 17 May22 8^16 Jan 4 Do pref.t 100 8 May 24 1534 Jan 4 Electric Co of America 10 2,130 10 4 Jan 25 12=8Feb20 Gen A.sphalt interim ctts.. 25 10 Jan 9 I714 Jan27 Do pref interim ctfs.. 5 3834 J'ne 49 Jan 26 •10 *3o Choc & Me 1st 5s 1949 J-J % Ch Ok & G gen 5s '19 J-J 50 N Haven Iron & 12 20 50 Nesquehoning 114 ll'a 39 105 Bethle Steel 68 1998. Q-F Che& D Can 1st 68*16 J-J Lit Brothers & 264 Berg&EBrw 1st 68'21 J-J Little ScliuylklU Minehill 67 42^2 9439 KeystoneWatchCase.lOO Lake Superior Corp.. loo 6? 616 679ie •444 594 Keystone Telephone ..50 Preferred 64'4 12 39 103 475ie 48li8 94 14 634 11^8 ll't *i0 *38 104 *64 •45 59^4 <fe 2014 3=8 la 594 Amer Iron Steel BeU Telephone 26I4 3"io "444 45 Bid 10 50 60 50 Cambria Iron Central Coal & Coke. 100 100 Preferred 50 Consol Trac Pitts Preferred 50 Diamond State Steel... Preferred Easton Con Electric... 60 100 Elec Storage Batt Preferred 100 Germantown Pass 50 Harrison Bros pref.. .100 Indianapolis St 100 Inter Sm Pow & Chem.50 •10 •38 103 61 47 14 48 •4514 46 Inactive 8tocks American Cement \l\ 11'8 *504 51 51 26 14 26 14 4234 42^4 9I8 9l8| 26-'8 271* 2t> PHlLAUEl.PtliA *50ia 51 2638 12 39 106 64 4 104 *104 4 105 64 6438 64 64 4 334 45 2638 2638 WesVa C&P 1st 6g'l 1 J-J Wil certs. tt Weld 58. .1935. J-J ^3 assess' t paid. ^ J'ne Ask 924 94 1184 110 113 IO6I4 107 10834 1094 II6I4 110 1104 1164 117 II214 II234 1134 lUia 12434 1264 115 593^ 60 27 4 28 104 117 118 120 77' 771^ y"6' llli< 110 118 118 112 118 4 1134 19 115^4 .87'., S734 112 112 954 97 93 '4 9oia 614 62 14 102 110 114 112 110 96 96^8 116 113 118 974 1131a 121 $20 paid. —— — . , —J THE CHRONICLE. 2450 Volume IndianapoUs Gas Ist g 58 1952 Jackson Gas Co 5s g 1937 Kansas City Gas Stocks Week ending June 16 iyu5 Monday Monds $1,509,000 31.144.000 1,616.000 2.8U7.500 1.740.000 1,727,600 1.531,500 1,702,000 6 J 4. 000 1,414,000 1,241,000 3,052,000 2J77.827 $200,707,950 $8,337,500 $11,907,000 .., .... Tuesday... Wednesday Thursday.., Friday .... Week ending Bales at Stock January Jicne 18 —K 1904 1905 1905 $1,000 Pat 1st 6s 1926 J-D Pas Gasife EleclOO n Cong 58 1949. ...M-S St Joseph Gas Ss 1937. J-J $1,000 $1.0i;0 11,9<j7,O00 8,337.500 2-2,700 10.927,500 457,3L>3,400 $431,400 849,200 281,165,000 Total bonds.... t20,245.500 $11,211,200 $540,911,100 $285,145,600 DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA EXCHANGES Saturday 11,653 27,431 2i,-39 Vl,376 9,839 9,356 101,494 Monday Tuesday . Thursday Friday Total Bond LisUd sales shares Unlisted shares Listed sharer iyo6 Wednesday Philadelphia Boston sales 12.220 27.601 11,205 22,798 16,563 36,632 18,167 21.787 12,355 4,357 $36,500 54,500 41,000 39,000 11.000 34,500 1,460 1,508 $82,000 04,500 63,000 78,500 62,000 46,500 37,491 $216,500 127,019 58,876 $395,500 4,345 8,403 9,817 6,986 3,5-'3 3,5.)9 Outside Securities A Market will be found on a preceding page. of Outside Weekly Review & Central Commer Un I1 11 Pacific & Atlantic 25 llSouthern & Atlantic 25 Electric Companies Chicago Edison Co See C IIKingsCo EI L&PCo 100 Narragan (Prov) El Co 50 Q El LifePowColOO Preferred 100 UnitedElectricof N J 100 48 1949 J-D Ferry Companies Brooklyn Ferry stocklOO -V B& NY Ist 68 1911.J-J Y & E B Ferry stk. 100 M-N 1st 68 1922 X & Hob con 5s '46. J-D Hob Fy Ist 5s 1946 M-N N Y<fcNJlst5s 1946. J-J NY' & So Blykn FerryASt Transp 1st 5s lOOOM-N lOlh & 23d Sts Ferry 100 i' 11 1st mort OS 1919. ..J-D Union Ferry stock .100 M-N Hist 58 1920 Sitreet Kailways Ask Bid NEW yOBK CITY Ful F stk 100 33 Bleeck St& 95 Tllstmort48 1950 ..J-J 240 Aveitk ..100 7lh HB'y & 1I2dmort 58 1914 ...J-0 104 Con 68 1943 -See Stock ICxcli B'way Surf Ist 58 gni 1924 4108 2d 6s int as rental 1905 i 99 Hi IJCent'l Crosst'n stk. .100 340 TllstM. 6s 1922 ...M-N iin HCen PkN & E R sik.lOO 205 175 fl Chr't'r<fe lOtU St stk 100 Col<fe 9th Ave 58 See Stock Exch Dry 36 9S Bid lILouisv St58l930..J<feJ 4113 Lynn&B08l8t58'24.J-D 4110 New Orl Rys Co (w i) 100 38 Preferred (w i) 100 80 107 list 110 101 360 121 ilO 185 114 100 386 103 400 1l42d«&GrStF'ystk..lOO 42d St M & St N AV..100 Tjlstmort 68 1910 .M-S ll2d Income 6s 1915 J-J Inter borough Rap Tr. 100 400 50 410 70 107 80 201 109 85 Lex Av & Pav F Ss W .Stk list X list Stk K 185 205 no3 104 116 178 106 108 H02 4105 KXCll no A^ 101 11212 113 B& WE BklnyCo&Sub >S'«e Stk Kxcli Bklyu Kap Trau See Stk Kxch l8. <fc Bklyu ..100 325 103ii 114 101 iv •240 cons g 4s 1948. .J-J list list 100 115 Isl 48 1949 See Stock Nassau Elec prel h.xch list 75 110 113 100 A-O 68 1944 I8t48l951 .See St N Wb'g&Flal latex 4H2t- li 101 Steinway Ist 08 1922.J-J 4119 oiiiEu crriKs UuRalo Street Ry— N Y & Richmond Gas. 100 Nor Un Isl 58 1IProferre<l Ist 6s 1930 list Amer Light 130 155 109 ..10(» 100 M-N Tract. 100 Preferre<l 100 Bay .State Gas 50 IJiugliaiutou Gas 58 1938 108 150 170 U2 h ^u 97 Brooklyn Union (*iis di^h 68 1909 conv'07...M-S 178 BulliUo City Gas StocklOO 512 1st us 1947 .S'ee fitock Exch Consol Gas of N J loo Ist 5h 1936 49'J 1-J 114H Consumers' L U <& Pow — 107 58 1938 1-U 4110 104 121 100 18'. 6 list L'ol Copper 6 19 70 6 5I2 134 a"* 22 24 10 39 % \ 1 . t 6h Nor Am Lum'r & PulplOO 124 67 127 75 nontario SUver Otis Elevator com Preferred » 11«8 70 ig 127 99 24I2 25 76 74 104 102 66 H, 6638 94 94 7u 122 95 ' '< 11* I's • 3 Gaiuden Land Casualty Co of America.. 100 Celluloid Co Cent Fireworks com. 100 Preferred 100 100 Central Foundry 100 Preferred Deb 68 1919 op 'OlM-ls loi) Century Realty Ask 16 67 25 934 HCrucible Steel 100 61^4 ei^ 100 n Preferred Cuban 6s of 1896 101 103 Del & Hudson right-s U 110 HDiamond Match Co. 100 139 139H» 137 Dominion Securities. 100 10 91 Douglas Copper 5 7 llliv Electric Boat 4111 29 33 100 Preferred 70 78 100 4110 Electric Lead Reduc'n.50 t h "a 3 Preferred 50 t IV. 23 Electric Vehicle I512 16 100 76 78 Preferred 20 21 100 4105 106 Electro-Pneum'ic TranlO f >4 % 5I2 9712 100 i Empire Steel 7 100 Preferred 35 42 100 '13 60 lIGeneral Chemical ..100 90 93 II Pref erred ..Jl>a 100 102 120 127 Ga & Tenn Copper 5 \ 115 Gold Hill Copper 1 ^l» «i« 80 85 Greene Con Cop See Boat Stock Exch 47 Greene Consol Gold... 10 t 4'4 l-«9 126" Greene Gold-Silver.... 10 t 121 7 20 2514 HackensackM eadows 100 90 93 Hackensack Water Co— 170 174 Kef g 4s 52 op 12. ..J-J §94 d6^ 125 128 90 Hall Signal Co 92 100 80 85 Havana Commercial. 100 12 102 106 36 Preferred 100 -6 Havana Tobacco Co. .100 24 33 Preferred 38 100 80 12 81 hicago list 1st g 5s June 1 '22. J-D 178 185 Hecker-Jones-Jew'l Mill tlOO 103 Isl 6s 1922 M-S 105 I2 109 50 58 Herring-HaU-MarvinlOO 1 80 20 89 30 1st preferred 100 25 2 2d preferred 4 100 47434 751 Hoboken Land<fe ImplOO 200 115s 1910 M.S 4102 2 234 Houston OU 100 24 Preferred 27 lOO 4I2 Hudson Realty 312 110 106 Internat'lBankingColOO 168 163 10 14 101, 72 77 Int'n'l Merc Marine. 100 27 91 92 Preferred 27 I4 100 76 4109 1093j 79 Col tr deb4i2l922op'07 4110 111 23 25 International Salt 100 62 }106 67 Istg68l951 7 10 International Silver. 100 47 101 50 Preferred 100 4I06I2 40 60 Ist 68 1948 J-D 96 4 95 Lanston Monotype 20 r 171* 17% 28 29 Lawyers Mort insur.lOO 175 185 35 96 97 IJLeh & Wiikesb Coal.5u Lordife Taylor 100 109^2 115 102 Preferred 14 104 loo HLorUlaid (P) pref ...100 145 40 1« Mack ly Companies ..100 40 73 1» 733» 2 5 Preferred 100 20 2 25 5 Madison Sq Garden.. 100 90 106 109 2d 6s 1919 M-N 70 912 13 92 12 94 llManhatt Beach Co. 100 234 3 15 Manhattan Transit 20 t 7 Mex Nat Construe, pf 100 69 71 Monongahela R Coal. .50 t 10 27 16212 164 a. 28 Preferred 60 226 237 12 Mont <fc Boston Consol .5 ^ 3132 1 33 36 Mortgage Bond Co. ..100 118 122 100 72 76 Mosler Sale Co 100 116 Nat Bank of Cuba 1 00 100 101 Nat Ena<fe Stamp AeeStk Exch Ust 135 24 7^ 2512 National Surety 100 125 45 42 83 84 UNew Central Coal 20 106 50 51 Y Biscuit N 6s 1911. M-S 60 N YMtge<fe Security. 100 175 185 23 2379. UNew York Dock 100 63 12 UPreferred 100 734 814 N Y Transportation... 20 f 105 97 Press Assoc'n.lOO 2 4 Foun com.. 100 63 6S 100 9 12 100 American Surety 60 190 200 270 286 Am Tobacco (new) com.. list Prefd fie« Stock Exch See Stk Exch list 4s and 68 Am Typefo'rs com. ..loo 35 39 98 100 100 Preferred 434 5 Amer Writing Paper. 100 2812 29 Preferred 100 88 J-J 58 1919 881a 29 12 30 Arizona Con Mining... 60 2 Baldomero Jliuiug 5 20 1|Baruey<fcSmCar ...100 erred 100 I27I4 130 li Pref 29 31 Bethl'm Steel Corp. ..100 76 79 Preferred 100 103 CoU.tr.g. 8.1. 681914.. 50 140 150 Bliss Company com Preferred 50 130 145 100 400 410 Bond<fc Mtg Guar 152 Borden's CondMUk..lOO 149 112 1 13 Hi Preferred 1 00 British 92 Hi 104^2 106 4 4 50 103 105 35 29 Isl preferred 2d preferred 115 112 Bid loo Cons Ry Ltg.feRefi-iff.100 Consol Rubber Tire. .100 Debenture 4s Cons Storage Battery lOo Cramps' Sh<fcEn BldglOO 101 6 100 n Amer Bank Note Co. 50 American Can com... 100 Preferred 100 American Chicle Co.. 100 Preferred 100 Ato Ice Securil's (w i) 100 Debenture 63 Am Malting 6s 19 1 4. J-D American Marble 100 Industrial and Miscel nCons Firew'ks com .100 11 Preferred Am Soda crriEa & & Smelt Amer 89 43 85 35 1927-M.N 4IOO Gascom OTHKH Exc h J-J ai3 J-J 4109 4 Alliance Realty l8tconvg58l914.M-S American Nickel lo Gas— Con8ol63 1945 llStamlard 99 113 100 102 Brk C <fe N 58 1939. J-J G^Sl<fe^ewl8t58•06F-A Or'pl&Lorimer St Isl G.v Kings Co. Elevated East River Industrial and Allscel 901-j 1st consoi 68 1948. .J-J 4IIOI2 112 <fc Va<& Southwestern. .100 35 12 list Cent Union Gas Ist 5s... 4107 109 Con Gas (N Y)stk. See .St k Exc h list Couv deb 68 ctfs iS'eeStk Exch llAt 100 Vi95 300 IIMutual Gas New Amsterdam Gas 1st 58 1944 106 40 100 68 1936. ...M-N .... Denver New common (w i) New 1st pref (w 1) New 2d prel (w i) Algoma Cop Gas Securities NKW TOBK NY IjCouey iBl J-D West Cliicago St HCong 4i5 BBOOKLTK Allan Ave 68 1909.. 4102 Con 68 g 1931 A-O 113 Impt 6s See Stock Exc li list B 68 1933. .A-O 100 Brooklyn City Block. ..10 238 Con 6» See Stock Excli list Bkln Crosstn Ss 1908. J-J 102 Bku Hglsl8t6tt 1941 A-O 104 100 Preferred 48 1951 11 & Stubs Pitts Bess & L E 50 Preferred 50 Seaboard Air Line^ Colllr5sl907 op.. .M-S H 108 YkereStRR Ss 1946A-0 ao6 & 29th SU Ist 6b '96 *112S 114 Worth City stamped 100 Northern Securities.. 100 4105 107 Pat City con Os '31.J-D 4 124 2d 68. ...1914 opt A-O 4100 So Side El (Cliic) See C liicago list Syracuse Rap Tr Ss 1946 4 WT-'^ 109 Trent P & 5s 1943J-D 4103 105 United Rys of StL— Comvottrotfs 100 80 3014 8<)'4 82 14 TIPreferred 100 (Ten 4s 1934 See Stk Exch list 8812 88'6 Railroad Chic Peo & St L pref.lOO Deposited stock Undeposited slock Prior lien g 4 i2S'30M<fcS Con mtg g 58 1930.J&J Income 58 1930 IIFort ilVi 410912 UmtRysSanFran SeeStii Kxch Wash Ry & El Co.. ..100 34 'e list 28tU HTwenly-Th'd St stk 100 398 Deb 58 1906 J-J 100 Union Ry Ist 68 1942 F-A 4110 Weetcheet let 68 '43 J-J 4110 N No Hud Go Ry 68'14J-J 58 1928 J-J Ext 08 1924 M-N X list 19'2 «115 170 Hi 811-2 M-N 5763, 77 14 48 g 1949 80 J Gas El & Trac 100 125 127 Gu g 5s 1953 M-S 4103 104 202 E 38 New'kPasBy68'30J-J iill3'2 114 Rapid Tran St Ry. .100 255 let 5s 1921 A-O 5109 26 J C Hob& Patersonioo 116 102 Exc See Si k Metropol Securities See Metropol Street Ry See Ninth Avenue stock. 100 Second Avenue stocklOO Tllstmort 68 1909 M-^ Con8ol68 1948.... F-A ^Sixth Avenue stock 100 Sou Boulev 6s 1946. .J-J So Fer Isl 58 1919. ..A-O Third Avenue See Stock P & M 68 192^ Tarry 11312 II2I2 N Ust 58 1932. ..J-D 6b 1914 ....F-A klighth Avenue at. ..100 liScrip 68 1914 ....F-A Tllst gold Ask 92 490 hicago list -See JlOO 115 120 Tr ctf s 2% to 69i) perpet 69 70 Coll trust 58 gold notes 1909 optional.. ..M-N 497 98 29 North J ersey St By 100 M-N 477>2 78 Ist4sl948 82 ConsTracof J...100 83 Ist 58 1933 J-I) 4IO8I2 109 fwi) North Chic Street Pub Serv Corp of D E B & B— iScnp Tl Street Itaiiways New 4^28 L^45 100 So Amer. 100 Tel (N Y).2o Emp <fe Bay State Tel 100 Franklin 100 1|Gold<fe Stock 100 II4128, 1905 Hudson River Teleph iOO N Y & N J Teleph. . . 1 00 Northwestern Teleg. 5(i 1) NY& Bond Dnlisted shares & Telepiione 5AmerTeleg& Cable State bonds BH. and mis. bonds Week ending June 16 & TelegT 1904 *258,400 83.329,300 S-D H & Pow— OS 1938 A-O no & Ind G Nat & lU .100 o. shares BONDS Government bonds 81 97 40 $1,000 130.594.724 49,165,181 2.177.827 1,639.428 *200,707.950 $154,919,950 $12,173,508,725 $4,571,719,625 Par value $325,2(J0 $3,000 $450,100 $9,900 Bank shares, par.. Stocks 50 A-O lOo TICong5s 1948 No Hudson L New York Eaxhange 50 A-O WabV June 16 1 to 25 35 60 104 12 105 IILaclede Gas 100 IJPreferred 100 95 L,afay'eGaslst6s'24.M-^" 30 Log* 24 1st 6s'25. J-D Madison Gas 6s 1926. A-O 4106 Newark Gas 6s 1944. Q- 4136 Newark Con.sol Gas. .100 89 V S Bond^ State Jkc Bonds valiie $43,521,700 63,066.500 46.162.150 24,497.000 12.595,100 10,866,500 466,292 672,325 492,784 273,820 134.401 138,205 Total Railroad Par Shares Ask Bid M-X 1st 68 1908 WEEKLY AND YEARLY DAILY. [Vol. LJiSX.™ Gas Securities Indiana Nat & lU Gas Business at Stock Exchanges of TBANSACTIONS AT THE iJEW YORK STOCK KUCBJkiiQS. Saturday ' t t 7 ha 714 ^16 140 127 150 15 20 131 67 71 3I: 3 17 75 160 440 I2 19 78 165 !'«. 100 100 100 Phoenix Mining 1 3 i'-. 50 106 t 52 110 4c. 50. 261* Pittsburg Brewing ^ 50 Preferred 50 t 4612 47 Pittsburg Coal See Stock Exch Ust 6 7 Pope Manufacturing. 100 74 78 Ist preferred 100 20 22 2d preferred.. 100 Pratt & Whitn prel. .100 100 ^ 155 160 Realty Assoc (Bklyn)lOO 109 111 Royal BakPowd pref. 100 63 Russell & Erwin 26 t 61 Safety Car Heat & Lt 100 250 260 650 Singer Mfg Go i...lOO 630 25 ...•Standard Coupler comlOO 120 Preferred 100 71-.: 9 Standard Milling Co. 100 29 31 Preferred 100 76 79 5a Standard OU of N J ] i 00 615 620 '»Storage Power 50 Swift & Co -S'ee Boston St k E.XC b'ge 1st 5s 1910-1914. ...J-J 410212 1031*. 26 Tennesaee Copper 20 t 25 76 85 1|Teia8& Pacific Coal 100 1st 6s 1908 A-O 4105 110 Title Ins Co of N Y..100 I8712 191 Tonapah Min (Nevada). 1 t 13'* 13 "a. 17 19 TrenlonPotteries comlOO 93 97 Preferred new 100 66 Trow Directory new.. 100 I2 "4. Union Copper 10 t 85 80 Union Tyj)ewr com.. 100 120 Ist preferred 100 115 2d preferred 100 113 116 lOu 200 U, S. Casualty 100 U s Cotton Duck 17 U S Envelope com... 100 85 90 100 li Preferred U S Leathi'ruew (w i)10i/ 44 45 lOlHi Preferred new (w i)100 lol 99 14 99=%. New us (w 1) Steel CorporationU B ni2 Col trsf 6s '51 opt '11 Coltrs f 5s'61 not opt. }112 U S'i'it Gu<& Indeui.lOO 124 126 6 7 Universal Fu'cExl'r. 100 Univer.-^al Tobacco. ..100 •H, 2 5 100 Piefeired t . ." 1 . 480 •Jo" Cliesebroutrli Mfg Co 100 IstooUBOl 58 1931..K-A 4113 I3I2 13'' Chic& North West DKlit.s 6s 1917 A.O 4105 105 108 (;Uy luvestiug Co... Chicago City Ky See C liicagc list i;i)etroa City oas 5o 106 110 10(1 llCladiu iH B) com C0lliiiibH8(O) !5t Uy..lOO 100 Bronx Eliza Ijf til Gas iA Co.. loo 270 We.slcliesi.er & 99 96 325 100 Ijlat iirclerred Preferred 100 175 ilOH Kbscx Ai iliKlsou Gas 100 127 12,S TUli; & Mort Gu.ir Co. 168 100 100 ii 2d pre' erriMl Ccluiii I'.y cou 6« See Ph ilii ii«i Brake. .50 1144 Fori Wayne 68 1926. .J-J Westiiigh Air 40 Ex iist 48 Colo IiiduNtnal. See Stoc k Crossl'wii l8t.'iH'33.J-iJ lOH 1 ll4 Gus<fe Kl Bergen Co.. 100 Wliiti^ Knob Min (w 1).. 00 SO Col & Hock CtmUt pt 100 65 62 Griiua UiiiiidH Uy 2 '4 3»4 loo 61' Uraiul Krt))lils Gas oH Preferred (W 1) 92 iHl g 5w 1917 J-J 4 85 Prelerreil loo 121 01 119 X9 IllHl OS 1916 F-A ?10l 104 OoinpresHfd Air Co... 100 Worlluiig Pump prel . 1 Laki-!Si(f;|itc) Kl See <,|liicaV<' list Hudson Co Gas 100 110 112 Cuusolid C:iir lleatiii>; 100 65 60 JBuycr piiy» accrued inlorcsu \ Price par suiire, ysale price, a Ex rlglits. *Ex div iNcw stock. not a very active securitj i| Sells on Slock Exchange, but Deb 1 t • 1 .. ... . June . ... 1. 1 1 , THE CHRONICLE. 17, 1905. J 24 SI %ny)tsimtnt and |ElaxIrcrad Itttjellxgewce* RAILROAD GROSS EARNINGS. shows the gross earnings of every Steajvi railroad from which regular weelcly or monthly returns can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two columns the earnings for the period from July 1 to and includinyc such latest weeJi or month. We add a supplementary statement to show the fiscal year totals of those roads whose fiscal year does not begin with July, but covers some other period. The returns of the street railways are brought together separately on a subsequent page. The following table Latest Qroas Earnings ROADS Week or Month Current Year July i Hreviout Year to Current Year Latest &ross Karnlnys Latest I/ate KOADS Previous Year Week. Previous Year Cttrre7ii iir Month St wk J'ne Julv Year 1 to Current Year Latest Bate Previous Year * Ala Qt Southern. 4thwkMay Ala N O & ^exa^ t'acilio. NO&NoEaat. 4thwkMay Ala& Vloksb'g tchwkMay 91,1SS 44.W65 48,52» Viokeb 8b & P. 4thwkMay Allegheny Valley April Inc. Istwk J'ne Ann Arbor AtohTopifeS Fe. April Atlanta & ('bar.. March 80,'J9',J 1,997.905 13,70U 5,840.176 May BaltA Ohio 32,4ia 5,99(5.890 360,'250 Atlantic &Blr... April All Coast Line... April Bait & Ann S L.. April fiangor & Aroosl Apr'l Bellefonte Ceut'J May Bridgt & Saco R. April 189,021 4,245 2,933 ButtRoch& 1G4,05'.J flctt' 1b twk J'ne 100,582 130.271 82.400 972.000 174,100 Buttalo ASusq... April Cal North w'n..... May Canadian North.. Islwk Jne Canadian Paolii( istwk J ne Cent'l or Georgia Isfwk J'ne Cent'l of N Jersey April l.908,15(> 2.070 Chattan SoutU'n. Istwk J'ne 1,673,776 Chesap & Ohio... April 786,38'J Chic & Alton Ky a piil Ohio Gt Western. istwk J'ne 137,517 ChloInd&L'v... iBtwk J'ne 10!J,519 Chio Mllw & 8t i Chic & North W ChloStPM &0. Chic Term Tr RK OlnNO&TPao. 01 Cin Ch & St L. Peoria jfeEast'L Colorado ife South ColNewb & Lau. Copper Range.. . Cornwall Corn wall & Leb Denv.&RioGr... Det & Mackinac. . Detiolt Tol. <& It. DulSoSh&Atl.. Eri6 F'rchiid&N'r'e'V! Farmv& Powhat Johnstifc Gl. Ft W & Denv City Qeorgia RR Qa South & Fla.. Fon Gila ValG<i; N.. Gr Trunk System GrTr. West'u DetGrH&M.. Great Northern. Montana Cent'l Total system. Gulf&ShlpIsland Hocking Valley.. IllinoiB Central. Illinois Southern IndlUife Iowa... Int & GtNorth'ii lInt«roc(Mex).. Iowa Central — June Istwk J'ne Isiwk Jne istwk J'ne Long Island ... April Louisiana <& Ark. April Loulsv & Nashv. istwk J'u< Macon & Birm... May November April nay Apiil April April WkMay 27 4th wk May March, Mineral Range.. istwk J'ne «t Minueap So'w'n. kte St L 81 wk J'ne lexaiMo K^an MoPao&lronMi Istwk J'ne Istwk J'ne Central Brand. istwk J ne <te Ltetwk J'nt Total 783.17:; -f. LakeErie&Westii June Lehigh Val RR.. April Lexing &East'u. April...... Mlllen 68,115 37.102 41,208 65,348 35,335 5,619,278 332.140 55.419 1.759,071 14.970 5,242.966 177,240 4,865 2.841 100,727 74,96i 133,815 64.100 1.0 18.000 156.400 1.939.308 1,907 1.641.959 3,036,362 2,326,108 1,258,410 1,321,743 Dtc 2,838,560 -HStPA 2,236,689 1,194.405 MobUe& Ohio... 1.328,626 NashCh & 8tL.. 36,257 tNat'l RRof Mex 1,824,163 Nev-Cal-Oregon 57,715,249 Nevada Central. 2,706.550 N HadRi\ YC& 9-24.538 1.391.683 3.505.30U 46.997,723 9,500,016 18,500,234 112.856 17.075,335 10,028,702 7,113,726 5,214,989 41,742.935 46,096,600 797,405 1.332,839 2,891,300 43,044,641 8,884,948 17,870,765 105,032 15.941,866 9.626.756 7,672,304 4,947,532 40,932,700 45,118,166 9,791,554 week Mar. (48 roads). 4tli week Mar. (49 roads). 1st week Apr. 43 road.'i). 2d week Apr. 42 roads). 3d week Apr. (43 roads). 4ih week Apr. (40 roads). 1st week May (42 roads) 2d week May (42 roads) 3d week May (41 roads). 4th week May (46 roads). 1st week June i38 roads). 3il 1 1 . ist wkj'ne May Hlwk Jne April Vlay April April ..... .April April. av April Rutland RR. 196,037 378,011 61,810 201,706 15,328,584 809.050 1,392.947 2.348,315 37,239.498 30,135 67,438 557,747 2.169,009 2,090,171 1,559,393 31,811,437 4,907,688 1,138,045 35,709,911 •2.131,943 37,841.854 1,722,540 4.852,621 42,806.909 228,905 1.615,814 5,414.247 5.641,431 2,223,336 1,381,651 5.447,594 5.096,211 24,572,106 428,385 475,501 573,804 34,831.235 123.499 37,332 340,692 68,174 257.684 21,562,406 5.803.055 5.373,500 1.048,698 St L Southwest .. Southern Ind So Pacific Co 6... Southern Railw'y Texas Central Texas <fe Pacific.. . . V&N W & Ohio Cent TexS Tol Tol .. P& West .... 1 St wkj'ne . May.... April.. 1st wkj'ne Istwk J'ne I St wkj'ne January April wkj'ne wkj'ne Tor Ham & Butt May. Un Pac System .. April ToiStLA W Ist 1st . VttUdalia 8.016.341 7.853.800 8.606,740 8,527,388 12,9-28, 25H 11,043.0.39 7.670,98-.; 6.990.950 7,870.100 7,900,475 10,152.570 7.396,3 & 7.203.78.8 I 7,667,M0 7,591.4'-' 12.098.498 7,267.191 7.208.724 9.659.'.»0o 6.903.87;; 7.104.32!- 7.177,901 10.851.080 0.897,105 P.C- 10368277 73,900 216,491 Wabash W Jersey & Sea'e Wheel LE 348,679 51,196 64,563 433,335 363.614 111,949 Ist wkj'ne April . wkj'ne W'm'sport&N.Br. March. <fe 1 St 12,329 549,381 15,090 560,560 . Wisconsin Cent.. AprU.... Wrightsv&T'n.. AprU.... Yazoo & Miss. V. May VAKIOXJS FISCAL YEARS 620,620 159.9-27 39,129 9,461 3.088,339 1 1 1 1 1 1 1 1 1 I 1 Mar. 1 Jan. 1 Jan. 1 . P& 330,098 48,117 46,250 420,856 314,714 66,622 12,872 531,360 10.657 581,444 an. 1 Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. 1 ,lan. 1 1 1 1 1 1 1 1 Jan. 1 Jan. 1 Dec. • I MONTHLY .SUMMARIES 590.399 7-36 Mouth June 1904 (108 8-58 Mouth July 1904 (125 + l,285,19!t 1104 Month Aug. 1904 (122 an. an. to to to to to to to to to to to to to to to to to to to to to to to to to to to to to 3,595 984 4,228, 979 125; 759 5.490, 220 105 95 8,066, 998 Apr. Apr. Apr. Apr. Apr. Apr. Mar. May Apr. Month Current Year PreviousY^ar s rds.) 113.351.491 114.280.175 ids.) 132,242,621 139,712.599 rds.) 145,2it2,493 144,558.47: 1904 (1'.'4 rils.) 190-t (i'.;4 rd.s. 1904 1904 1905 lw05 1905 1905 1905 (124 rd,s. (123 rds, (110 rdM. i'.i7.(i73.058 119.2-20.07 (117 r(t.i.> ll3.714.50(i 117.25-M:t.(118 rdc. 43.02:^;. 857 130,8'79,;;4' (115 Id''. 30,595.868 127.237.31', 53 rds. 18,367,104 44,543,71: ( + 370.0:;i 3.561.684 4,010,860 126,419 5.402,651 151.302 7.303.564 Previous Year 5.27!), 225 5,179,32-2 32,135,702 29,921,4-29 3.105,827 3,083,7^27 39,397,579 36,811,979 171C. 1,6 13,200 4,457,636 4,130,736 2,160,490 2,103,836 8.179.i>94 7,034.960 157.779 173.804 4,982,770 4,806.455 1.063.o7'3 1,025.97» June May Sept. .. 705.909 11,375,677 102.100 2.987,922 1,224,315 3,091,171 599,382 46,110,09a Inc. $26 8.031 Apr. 30 Mar. 31 $360,250 .$332,146 288,1-27 418,484 Apr. 30 24,802 23,846 May 31 Apr. 30 6,543,670 6,185,194 988,983 887,302 Apr. 30 June 7 2,347,471 2,079.041 June 7 2,812,751 2,858,086 June 30 2,277.854 2,325,228 150,577 157.578 Apr. 30 •.;7,847 27,4-^3 May 31 50,951 54,958 Apr. 30 Apr. 30 2,164,773 2,431.782: 2,623,100 27 2,518,200 May 521.028 518,428 Alay 31 16,508,043 17,002,109 June 647,275 709,. 74 June 17,155,318 17,711,283 June Moutii Oct. Mouth Nov. + 542,06', .".•62 Month Dec. .i-432,44(, (.21 .Mouth Jan. + 503.481 7-02 Mouth Feb. .3-76 Mouth Mar. -t 4i;i,l(i( + 1.247.418 n-Vi Month Apr. 9-71 066. 31,- 9-25 691.751 9-59 7.2-.i9.685 10,063.353 1,182.865 78,538,177 42.461,527 .\GS— \Veekl.v and ITIouthly. + 673.588 -t 1.115,967 30.232,447 417, 308 379,556 008! 767 557,356 •23,195 ,07 21,416,419' Current Year Feriod Jan. Mar. Deo. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. . ( 1,181,973 2,000.001 4.336 3.228,417 4,450.207 7.678,624 6,447,790 577,997 464,432 7,678,928 7,236,223 9,284,198 9,335,295 10,949,003 10,775,960 173. 85» 199,677 28,828 25,653 74.236,108 71.130,848 5,747,091 5,439,013 2.240.044 2,148,605 19.697.413 18,811,476 8,515,681 8,353,881 47,229,037 43,414,283 165,784 172,900 4,577.100 4,345,796 100847097 99,283,097 /wt;. 2,-24 4,100 8,959,081 7,820,042 11.488,474 11.156,574 6,368,136 6,277,020 20,670,439 20,353,936 41,073 42,328 30,453,680 28,943,104 29,721,66 28,877,326 60,175,347 57,8*20,430 l,2z5.709 1,170,757 421.498 450.487 445.096 432.923 36.790.722 38,550,64a 1,847.116 1,809,926 RR.— -^ + 08O.03-J 216,3-27 8,045,069 93',955 1.056.207 108,212 2,955,991 2,622,040 32.296.994 154.971 138.098 8,315,743 1,189,044 1,092,078 11,217,814 100,992 95,968 1,270,888 8,234,516 7,439,616 79,305,629 826,309 bOl.597 45,075,788 12,422 781,317 7,528 181,394 169,088 11,979,124 96,200 12,000 16,100 23S.845 220,022 3.180,128 20.070 25,642 1,193,070 69.973 64,607 3,490,849 610,375 57,583 63,947 4,781,682 4,159,027 49,388,318 Louis Div. January... Terre H. A Peo January... Virginia* So W'n May GUO.S$$ liXlt Jne. or Dec. 123,723 845,251 590.554 534,303 246.652 231,998 2,098,520 1,909,651 858,70'.: 898,002 4,403,244 3,710,114 15.870 16,692 452,019 456,715 St. P& Current Year Previous Y'ar 137,630 857.180 229.186 20,306 March 2,534,999 Seaboard Air L.. April 5,3<i9,780 9.345 . 1,470,405 St Jos &GrI Apiil. 6,194,858 StL& San Franf; AprU i7,255,3:;6 129,891 12,018 18,262 3,311 1,901 ,137,502 6,369,y9ii vlay VI 165,>-07 .March 10855677 April Inc. 2 eWestP<fc E... April Pere Marquette.. 2d wk Mar 237,091 1,208.673 PhilaBalt&W'sli April 632.566 PhUa & Erie April 2,055,815 Pittsb C C & St I- April 4,809 RaleUh & O Fear April 3,320,457 Reading Railway April 4,610,535 Coal & It Co.... Aprl 7,930.992 Total Both Cos. April 158.337 Rich Fr'kab & P April 40,749 Rio Grande Jet,. M arch . a5,553 Rio Grande So... Istwk J'ne 3,289,652 Rooklsl'd Sys.. Apiil • 2d week Mar. (48 roads). 1 l,793,65ci AUeghenv "VaUey 5,912.153 Atlanta <b Charl Atr Line. . Atlantic & Birmingham . 5,670,688 2,411,641 Bellefonte Central CI C. C. & 8t. Louis 1,456.759 Peoria <b Eastern 5,526,932 International & Gt North'n. 4,923,617 2,638',997 2.591,755 25,506,644 Interooeanic of Mex co Luke Erie & Western 36.760 377,887 40.603 -Manistee & North Eastern. 94.435 -Mani.stique Oe 1,432 o5.32'. 71.640 .Maryland & PennsylvaQla. 723.805 /c 691.975 36,041.717 8.46'123.3-22 ^Mexican Intei-national .. 9.057 34,187 ;Mexican Railway 5,802 4.282 ;Mexican Southern 356,229 35,964 34,327 .Missouri Pacific 7,150 74.933 8.550 267,437 Ontral Branch 30.174 28,380 TotaL 2,270,240 2.347,081 21,418.237 '.National RRof Mexico 522,308 597,'.»'.;4 5,494.363 New York Central 120.500 111,400 5.428.300 Northern Ceutral 30.48(1 1,06a ,609 39,374 ePennsy., East of 7,402 5,819 E eWestol 637.090 E 13.275 12.349 547,890 49.304 2.820,005 2.659,275 Phila Baltimore & Wash... 67.83 288.830 233.340 18.931.742 16,589.143 Philadelphia & Erie 607,000 564,00u 39.011,037 39,005.394 Pitts Ciu Chic & St Louis.. 26.000 22.000 1.479,275 1,678,174 Rio Grande J unctiou 033,000 586.000 40,490,312 40,683,5ob Texas & Pacific est Jersey & Seashore 88,595 138,87* 45,258 126,401 502,483 95,360 107,987 52,342 137,435 554,615 AGGKEGATES OF WEEKLY SUMMARIES 8 StM. Mob Jack & KG. WkMay 27 Gulf&Chlc.Dlv. 1,801,715 50,649,953 2,804,509 837.835 564.534 .V Y Out & 'West. 18.168,081 16,958,049 N Y Susq & Wesi 133,997 137,290 Norfolk* West' 61,921,894 59,689,182 Northern Centra l,777,68<t 1,708,658 North'u Pacltic 51.307 61,748 Ohio Rlv& West.. 37.958 37,291 Pacific Coast Co 7,567.004 7,001,854 ePenn— EastP&li 121,468 101.920 802,358 3,626,035 Avrll April ... 4,369,794 4,038,200 April 869,575 769.163 10.047.(»77 30.29!' 1.432.707 31,427 l^twk J'ne 4ihwkMay 236,431 223,4 JO 6,736,913 April 1,614,807 1,637,53< 18,684,958 April 184,846 252.945 2,414,823 Istwk J'ne 147,428 117,791 5,749,439 195,407 14.243 April 20,585 454,078 32,630 March 54,814 63,120 AprU 20,47t) 5.57* 222,740 21,305 April 30,08s istwk J'ne 332,10u 300.800 15,792,775 820,052 91,903 April 91,714 29,330 l,335,30iJ 4thwkMay 38.520 50,05'2,507,503 istwk J'ne 53,392 April..., 3.816.589 3,816.263 37,261,755 32,002 April..., 4.029 3,384 73,051 April 8,945 8.198 55,919 592,525 April..., 62.611 Apnl.... 183,243 154,073 2,107,'265 Apiil 201.318 170,900 2.092,201; May 131,148 129,544 1,563,862 35.843 October 57,437 Istwk J'ne 643,759 670,758 32,606,013 4thwkMay 113,608 143.523 4,703,977 34,645 1,316,539 4thwk May 27,900 .viay 3,460,373 2.832.410 38,047,486 day 207,220 212,233 2,194,382 May 3,667,593 3.044,643 40.241,868 39.104 1,754.692 Istwk J'ne 43,574 April 447,568 370,052 4,959,055 May 3,642,222 3,794,562 45.219.099 252,487 22,439 May 22,858 Kauawha & Mlob April Kan City South'u April Mau'tee&Gr. urip MaulH & No Ka» Mauistique Maryl'd & Penn.. {Mexican Cent'l.. t Mexican litem. tMexlcan Ry IMexicanBouih't 87,763 9'.i,535 Mouth May I 151,475.024 147.338.53(. 159.732.959 154,758,62. 154,304.1171 140,909,471 46.748.102, 136,><89,64( I 1 , 1 Inc. or Dec. P.O —928.684 081 —7.169.978 5-35 + 731.020 0-51 + 4.130.488 2-81 + 4.974.337 3 21 13.394,641 9-51 T-9.^58,462 7-20 -7.852.980 6^58 —3.537.029 :i01 •73 12.743. ;U; 7-35 r 9,358.55 f3.823,38( - 58. • 6 luoludes the Hous. ^t fex. Cent, and its subsid. lines in both years. e Cavers Une.s directly ouorated. iMexicau currency. <; luoludes k, Atlanta Kuoxvllle & Northern included In both years since AprU 1; Ituad previously been the Chicago <S: Easteru Illinois in both years. a Ijeoreaee due to a washout. included in 1905 since Jan. 1. — — . ..}. .. . . THE CHRONICLE. 2452 Latest 6ross Earnlasrs by Weeks.—In the table whloh follows we sum np separately the earnings for the first week of June. The table covers 38 roada and shows S'36 per oent inorease In the aggregate over the same week last year. 1906. Inereait. 1904. Obattanooga BontlienL. OluoaKO «re»t Western S2.41P l«4,0^f 82,400 072.000 174,100 v,07P 137.517 Ohio. iDd'pUs Loulsv.. 109,8.19 OMo. Term. Transfer.... 31.427 147,42' 332,100 53,; 9^ 101.926 30,299 l\7,791 300.800 50,052 643,76!- 670,768 Buffalo Rooh. (b FlttBb's Canadian Nortnem Canadian Paolflo Oentrai ot Georsria . & di Soatliem Denver <Si Klo Grande Dnlntt 80. Shore * Atl.. Grand Trunk or Can... Grand Trunk West.. > Det.Gd Hav. & MUw. > Colorado Gult & 8hlD Island International A Gt. Wo. Interooeanlo Of Mexloo.. Iowa Central ... LoalsvlUe & Mineral Ranjte NaabvUle 1.907 12l,46.S Sonthem Railway ....... Texas Central Texas & Paolflo Toledo Peoria & Weet'n Toledo St. L. A Weet.... ..... p.o. 2,916 3,38. 18,3UC 46.000 17.700 16S* 16,049 7.593 1,128 29.637 31.30' 3,340 26,999 4,470 6,765 39,104 9»,360 88,59.'^ lOT.gs"? 138,878 ;')2,342 45,2.^8 7,b8'4 723,S0- 691,976 12.349 49,301 31,830 129.891 233,34> 3r.,91' 564,000 22.000 1I10.40fc 1I9,3.')ii 137.630 229,18f a5.633 164,971 826,30 12,42 181.394 123,72 216.827 20.07. 25,64. 69,973 433,33' 64,607 420,85*^ lll,94i^ 66.62S 7,267,19) 6,897,l6f Lake Erie. Total (38 roads) 30,891 92e 18,533 55,484 43,000 4.000 1.013 13,90 12,359 9.461 138,098 801,59 7,52'- 169.088 12,;j06 5,572 .. 5,366 12,479 46,327 4(A lotek of May. 486,332 370,026 116,306 1905. Gt. rd's) 1904 Sontnem. Inereate $ $ 11,425,07 10,245,57 i 92,53? 87,763 i,2C9,oae 4,772 68.116 37.10^ 41,20^ 223,440 23 073 Tex Pao..NewOrl.&No.East.. Decrease. 9 29,521 <s Ala. & Vlcksburg Vlcks.Sh. & Pao Cln. S. 0. & Texas Pao. 44.86 48.628 236,431 If 120,500 39.374 Mexican Hallway Mexican Southern tlll,400 36.430 12,098,498 10,851,080 Total (46 roads)...... .Net Increase (11-49 p <^ % Figures are for Ql.lSt' week ending May 7,763 7.320 12.991 9,100 2,894 1,276,939 1,247,118 **». ••- 29.521 27. Met Earnings Monthly to Latest Dates.— The f ollowlcg ahows the gross and net earnings to latest dates of all Steam railroads furnishing monthly statements. The compilation includes every road from which we can get retnms of this character, and in that form is given once a month, Early retnms are published from week to week, as soon as issued, but for the convenience of our readers all the roads making returns are brought together here in the week in which we publish our monthly article on net earnings— say about the 20th of the month. — Oross Darnings. — ^ - Current Previous Year, Year, Net Earnings.-— Previous Year Year. Ciirrent Boada. (^ $ $ $ Alabama Great Southern— See under Southern Ry. System below AUeKheny Valley. Apr. Inc. 65.348 Inc. 82,078 Jan. 1 to Apr. 3o Inc. 268,031 Inc. 287,306 Ann Arbor. b Apr. 34,302 136,690 159,487 46,670 July 1 to Apr. 3u.,. 1,623,077 1,828,650 551,882 445,070 AtOb.T.&B. Fe.b. Apr. 5,996,896 5.619,273 t2,ll8,8°i4 f2,142,9!?7 July 1 to Apr. 30. .. 56,649,953 67,715,249 tl9,33O,730 t22,563,069 Atl'ta & Char. A, L.uMar. 360,260 130,480 332,146 105,974 July 1 to Mar. 31.. 2,804,^09 2,706.650 899,946 967,630 Atlantic & Blr.RR.aApr. 16,r95 80,292 17,326 65,419 July 1 to Apr. bO... 837,836 564,534 251,180 175,889 Atlant. Coast li. a.. Apr. 1,997,905 1,759,071 709,187 8^8.210 July 1 to Apr, to... X8,168,081 16,968,049 6,686,125 6,389,748 Baltimore & &.niiapoii.'i Short Line.a Apr. 13,709 14,970 4.430 4.784 July 1 to Apr. 3'> 133,997 Io7..t90 43,590 45,752 Salt. <Js Ohio Co. L.May 5,840,175 6,242,966 1,807,207 1,473,848 July 1 tt May 31. 61,921,894 59,689,182 21,124,589 19,580,625 Bangor&Aroost'ki Apr. 189,021 177.240 73,2P0 69,252 July 1 to Apr. bo... 1,777,680 1,708,658 6:,0.172 646,608 BellefonteCent..l> May 4.245 4.866 1,297 1,471 23,H46 Jan. 1 to May iti 24,802 7,124 5,999 Brldgt. & Saoo R.b Apr. 2,933 :^83 2.841 d8f.210 July 1 tc Apr. 30... 1",406 37.958 37.291 11.682 uff. R. APlttbB.b Apr. 056,670 551,761 231.917 171.694 July 1 to Apr. 3U... 6,656,695 6,214,936 2,534,699 2,578,288 . . Previous Year. Year. 24,411 271,236 S 100,582 924,588 74,963 797.405 $ 37.890 801,413 109,922 1,261,412 108,873 1,199,024 24.694 317,507 3,649 212,728 282,900 234.300 83,400 July 1 to Apr. 3o.... 3,133,500 2,551,100 1.026.6CO 58,100 843,300 Buaalo&B'squefa.a.Apr. July 1 to Apr. 80 St N. W.a. Apr. July 1 to Apr. 3o S Earnings.—— $ Canadian Pacifies Apr. 4,229,144 4,061,505 1.531,806 1,412.533 July 1 to Apr. 3u... .41,822,723 37,938,641 12,684,221 11,371,629 Jent.of Georgla.a Apr. 746,478 651,400 161,012 94,610 July 1 tc Apr. 3o 8,620,544 8,068,421 2,340,382 1.941.519 Cent.of N. Jersey.b.Apr. 1,968,166 1,939,308 941,172 906,716 July 1 to Apr. 3o 18,!'60,234 17,870,766 8.868,9S8 7,894,401 Ohatt'n'ga South. aApr. 9.C89 8,403 42 def.2,436 July 1 to Apr. 3o _ 100,748 92,616 7,669 def 4,848 Ohesap. & ObJo.b. Apr. 1,673,776 1,641,959 655,326 540,312 July 1 to Apr. 3u... 17,076,335 16,941,866 6,101,643 6,374,647 Ohloago & Alton. a Apr. 786,389 783.172 204,046 170,047 July 1 to Apr. 30.. .10,028,702 9,626,756 3,341,468 3,089,116 Jhlo.Gt. Wesfn.t.Apr. 613.559 629,770 177,191 157,514 July 1 to Apr. bu .. 6,396,724 7,007,206 1,850,880 1,792,327 Chlc.Ind.&Louls.R Apr. 486,923 434,273 173,359 147.040 July 1 to Apr. ao 4,619,104 4,401,200 1,643,136 1,686,235 Ohio. M,& St. P. a Apr. 3,862,3£8 3,626,635 957,318 892,623 July 1 to Apr. 3o. ... 41,742,035 40,93^;700 15,103,613 14,652,'244 Ohic.Ter.Transf b Apr. 128,113 122,783 58,120 40,673 July 1 to Apr. 3u.... 1,263,373 1.305,461 464,434 414,164 Cln. New Qrl. & Tex Pao.— See under Southern Ry. System below. ai.Oin.Ohl.&St.L.bApr. 1,614,807 1,687,537 268.686 384,936 ~ -- 1,086,781 Jan. 1 to Apr. s<j 6,543,670 6,185,194 1,181,285 Peoria<5;J2aB'n..b Apr. 184,846 252,946 1,388 55,428 Jan. 1 to Apr. 3u 887,302 988,983 192,128 224.310 130 or'do ASouth.b.Apr. 441,428 379.820 d3 1,844 d60,04I July 1 to Apr. cm 6,078,929 4,867.787 dl,3eO,88edl,228,961 Oolum.Newb.A L.b.Apr. 20,585 14,243 2,389 707 193,407 July 1 to Apr. b. ... 196.037 46,740 50.098 Copper Range a Mar. 64,814 32,636 25,413 def.6,663 454,078 July 1 to Mar. 3i 378,011 178,818 114,018 Apr. Cornwall. a 20,476 6,678 12,288 1.931 68,120 61.810 July 1 to Apr. 80 26,256 17,990 Comw'Utb Leban.b Apr. 80,038 21,306 14,657 10,946 222,740 201,706 94,250 JolT 1 to Apr. iO 91,120 Den.&KloQ'de.b...Apr. 1,311,883 1,249,515 469,477 459.091 14,041,776 13,727,684 5,668,670 5,216,068 July 1 to Apr. 30 ()etrolt& Maok'o.sApr. 91,714 91,903 33,166 83.731 820.652 July 1 to Apr. 3o 809,060 254,992 26f,024 211.403 186.253 Oul. So. Sh.&Atl.b.Apr. 62,001 69,617 2,199.620 2,114,411 728,210 July 1 to Apr. so 648,382 Apr. 3,816,689 3,816,263 erie.a 935.088 1,237,423 July ItO Apr. 30. . ..37,261,785 37,2a9,498 9,672,716 9,124,007 4,029 Pairch. & N. East.b Apr. 3,384 2,066 1,698 80,135 32,002 10,314 July 1 to Apr. 30.... 8,487 Farmv.dcPowh'n.b Apr. 8,198 8,945 1,086 865 78,051 67,438 6,829 def.3,728 Jtily 1 to Apr. 30.... 62,611 Fon.Johnst. & Gl.a.Apr. 66,919 80,876 24.662 592,626 567,747 July 1 to Apr. 30.... 279,426 259,708 183,243 154,073 24,668 n.W.& Den. City. bApr. 24.148 614,841 July 1 to Apr. 30 ... 2,107.265 2,169,009 677,067 C:»eorgiaRR.a.. Apr. 201,318 170,900 62,576 20,239 628,296 619,316 July 1 to Apr. 30 ^ 2,092,202 2,090,171 Georgia South. & Florida— See under Southern Ry. System below. 2,267,789 2,307,694 (ir. Trunk of Can... Apr. 880,225 886,190 July Ito Apr. 30.. ..23,469,735 22,680,164 6,699,819 6,t51,660 481,783 451,611 Or. Trunk West. Apr. 108,196 94,410 664,676 892,816 July Ito Apr. 30.... 4,328.662 4,464,934 100,249 79.324 Det.Gr. H.&M11 Apr. 20,489 4,887 340,903 July Ito Apr. 30... 1.236,161 1,036,968 218,200 160,667 145,312 36.202 38,968 Golf & Ship Isl'd.a Apr. 1,547,770 1,683,740 382,996 621,780 July 1 to Apr. 30 126,219 447,568 870,062 88,911 aooking Valley. a. Apr. July 1 to Apr. 30.... 4,969,066 4,852,621 1,605,042 1,683.578 653,657 Ullnols Central.. .a.Apr. 8,751,192 3,530,378 609,941 July 1 to Apr. 30.... 41,676,877 89,013,847 12,607,494 9,994,160 147,069 164,770 51,568 81,918 Ind. 111. & lowa.a. Jan. 311,029 934,828 187.442 July Ito Jan. 31.... 1,023,141 Interooeanlo Railway of 614.236 855,782 178,639 126.784 Mexico Apr. 848,907 600,667 Jam 1 to Apr. 30.... 2,193,499 8,134,721 170,363 r 47.3 62 r26,S63 205,320 Iowa Central. a.... Apr. July Ito Apr. 30 .. 3,153,998 1,999,869 r359,l88 r360,713 137.485 126,401 16,201 24,167 Canawha&mioh.a Apr. 190,777 186,254 July 1 to Apr. bO.... 1,456,769 1,381,651 126,181 602,483 126,654 564,615 Kan. City South. a.. Apr. July 1 to Apr. 80.... 5,526,932 6,447,694 1.578,462 1,518,219 Lehigh Valley KR. b Apr. 2,688.997 2,591,755 81,079,709 81,070,940 July 1 to Apr. 3o. . 25,506,644 24,572,106 810,079,796 s9,049.356 36,760 14,888 11,790 40,603 Lexlng'n diEast. t>. Apr. 120,940 97,196 428,888 377,887 July 1 to Apr. 3o... Inc. 94,638 Inc. 94,435 Lionglslandb Apr. Inc. 368,713 Inc. 476,501 July 1 to Apr. 3o... 27,809 24.759 65,322 71,640 Lonls'na & Arkan.aApr. 257,865 162.082 573.804 681,432 July 1 to Apr. 30... ?47,804 812,048 8,148,074 2,936.803 LiOUlBv, & Nashv.b Apr. July 1 to Apr. 30.... 33,145,397 31,218,853 10,519,000 9,931,827 3,844 3.389 34,327 35,964 4Ianlste6<&i No.E.a Apr. 55.06O 160.577 62,995 167.578 Jan. 1 to Apr. 30... 4,460 1,498 7.150 «,560 May Manlstique.b. 647 4,574 27.847 27.483 Jan. 1 to May 31... 9,421 11,731 28,380 30.174 Maryland & Penn ..Apr. 18,050 13,872 60,951 54,958 Mar. 1 to Apr. 80... 878.328 676.758 o •'^exioan Cent... Apr. 2,270,240 2.347,081 July 1 to Apr. 30 .. 31,418,237 21,562,466 6,887,986 5,269,076 264,421 197,938 597,924 622,308 V Wex. inTftrn>»t'i...Apr. 826.920 1,083,925 Jan. 1 to Apr. 3o... 2,164,773 2,431,782 def.13 2,299 5,S19 7,402 Milieu <&8oathw. a. .Mar. 10,095 48,3C3 4,612 44,956 *imeral Range. b.. Apr. 148,f)4l 51,306 482,200 664,920 July Ito Apr. oO... v34,448 v57,130 196,287 241,869 Minn.Aat.Louls.a.Apr. July Ito Apr. 8w.... 2,511,989 2,412.660 vy20,634 v920,460 . 3. $ Previously rep' 0,39 N. 0. Heads. Year. Xet Current . For the fourth week of May our final statement covers 46 roads, and shows 11*49 per cent inorease in the aggregate over the same week l»at year. Alabama Year. , ls_x:x. — 3,928 16,873 24,712 4,894 . a Decrease due to a washout. U Figures are for week ending June -Ala. Gross Earnings. — —Current Previous . Canadian Northern Apr. 43,57-» 165,80 283.8S< 607,00' 26.001 . Net increase (5*36 64,1C0 1,018,000 166,400 67,83: Mobile <s Ohio National BK. of Mexloo. Bio Grande Southern.. St. lioo la Southwestern <k 35.33!S 160,7ii7 )3,27.' & St. Louie & 8. 8te. M. lio. Kansae <b Texas Mo. Paolfio & Iron Mt.. Central Branch. ...... Mob. JaokBon & K. City. fifinneapollB Minn. St. P. Dtereate. $ 3 Wheeling [Vol. California Istreeek of June. Wabash , — . . . J — June THE CHRONICLE. 17, 1905.] — — , Qrross Earnings. Previous Current Tear. $ Roads. . . .Yet Earnings. Current Previous Year. Year. Year. $ 474,765 $ 249,565 $ 17P,769 654,563 M. 3t.P.*8,8.M.b.Apr. July 1 to Apr. 30.... 7,252,806 5,852,441 3,591,203 256.787 Mo.K»n.*Tex.a...Apr. 1.667,725 1,331,847 July 1 to Apr. 30..., 18,642,912 16,365,797 4,447,600 Mo.Pao.Systera.b. Mar. 3,766,447 3,645,178 1,1.30,478 Jan. 1 to Mar. 3 1.... 9,751,542 10,700,964 1,923,070 Mobile & Ohio— See under Southern Ry. System Delow. 164.751 825,012 829,059 Nash. Ch.&St.L.b.-Apr. July Ito Apr. 30 ... 8,427,018 8,490,044 2,216,643 321,866 cNat'lRR.ofMey..Apr. 1,005,380 1,018,131 Jan. Ito Apr. 30.... 4,026.134 3,965,626 1,272,377 8,399 14,696 18,117 Nev.-Oal.-OreKon aApr. 80,129 155,597 179,371 July 1 to Apr. 30.... 1,720 1,901 3,311 Nevada Central. ..Apr. 10,835 2'S,828 25,658 July Ito Apr. 30.... 178,236 534,303 590,554 N. Y. Ont.* n^f^er.aApr July Ito Apr. 3o.... 5,747,091 5,439.613 1,689,084 101,475 231,998 246,652 H.Y.Sns. AWPSt.aApr. 782,053 July I to Apr. SO ... 2,240,044 2,148,605 809,960 Norlolk&Wesfu.b Apr. 2,098,520 1,909,651 July Ito Apr. 3U.... 19,697,413 18,811,476 7,723,33* 120,654 898,602 858,702 Northern OenrralbApr. 240,762 Jan. 1 to Apr. 30.... 3,105,827 3,083,727 16,S70 4,634 16,692 Ohio River A West Apr. 35,777 165,784 172,900 July 1 to Apr. no.... Pacific :;o»8tr!ompany -SeeMlsoellaneouaCompanleB. 2,766.9t>8 131,321 3,962,419 1,023,679 2,876,773 176,640 2,198,421 345,49S 1,221.816 4.607 56,913 351 4,030 135,144 1,205.170 101,222 829,731 749.316 7,486,192 22*5,754 382,662 4,250 4&,484 Penneyivania— Llneedirectlyoperated JE»8tofPlt,ts.<tEApr. 10,855,677 10.368,^77 3,136,579 3,314,179 8,7C9,594 7,799,694 Deo, 140,700 273,900 Inc. V7eBtofPUt.rt.<ftE Apr. Inc. 391,700 Inc. 1,613,200 Jan. 1 to Apr. 30.... S25,324 500,924 1,208,673 1,181,973 Phil. Bait. AWash.b Apr. 699,638 775,338 Jan. 1 to Apr. 30 ... 4,467.636 4,130,736 205,196 172,118 620,620 632.566 Apr. Phlla. & Erle.b 318,356 406,529 Jan. Ito Anr. 3o.... 2,160,430 2,103,838 430,486 427,463 Pltts.0.C.A8T*L.sApr. 2,055.815 2,000.061 Jan. Ito Apr. 3'j.... 8,179,994 7,634,9«0 1,541,658 1.408,360 2,408 1,644 4,336 4,809 Ral6l«;h&3. FfM.r.aApr. 13.630 18,253 42,328 41,078 July 1 to Apr. 3o,... jJan. Beading Ito Apr. 30... 39.397,579 36,311,979 Companv— . St. L. <Si Ban &E. Vt. (inolud. 2,955,991 Apr. July 1 to Apr. 3o:...32,296,994 730,667 St.LoulB S' west. b. Apr. July 1 to Apr. so:... 7,487,808 Seaboard Air Llnea Apr. 1,189,044 July 1 to Apr. 3o„.. 11,217,814 105,880 Southern Indian a. b Apr. July 1 to Apr. 30.... 1,169,896 ISouth. PaO.Co.a..Apr. 8.234,516 July 1 to Apr. 3o....79,305,629 Ohio. . ^ Ill ).a. 2,622,040 30^832,447 619,111 6.533,126 1,C 92,078 10,663.853 106,034 1,086,897 7,439,616 78,538,177 ' 675.488 717,049 10,628,788 9.755.496 80.018 206.849 2,479,710 2,231,633 206,132 347,708 3,321,782 2,681,025 45,402 39.261 472,944 498,737 2,303.402 1,787,401 24,774,546 23,508,165 ^S. m.loatTL'i^r to Apr. .3o.... 33.074 248,162 50,790 280.463 539,148 514,635 2.758,386 2,584,034 135,759 145,717 554.083 610.799 Cin.N.O.&T P.aApr. July 1 to Apr. 30.... 6,093,562 6.584,347 1,425,572 l,.^08,2f)4 32,885 28.460 131,942 133,076 Ga. south. &P)a.« Apr. 369,34W 336,020 July 1 to Apr. 30.... 1,432,714 1,429,849 108,186 165,476 564,748 663,112 Mobile &OMo.a.. Apr. July 1 to Apr. 30 „.. 6,827,976 6.460,456 2,223,829 2,030,164 681,324 786,447 Southern Rallw.a Apr. 3.819,827 3,521,793 Ju^ 1 to Apr. 30 ...40,465,061 38,127,300 ll,364,7d4 10,528,147 3,950 19,78!> 45,164 61,507 XeiaB Centra' a.... Apr. 179,46V 262,449 658,365 718,366 July 1 to Apr. 3o.... 15,183 21,687 220.022 238,845 Toledo (JsO.Ceut.a.Apr. 614,220 738,141 JiSy 1 to Apr. 30 ... 3,180,128 2,987,922 21,826 23,392 104.111 102,388 Tol.Peorla&West.bMay 253.673 226,054 JcQy 1 to May 31... 1,173,000 1,188,673 DnlonPac. 8v8t.*.-Apr. 4,781,682 4.159,027 2,098,965 1,785,774 July 1 to Apr. 3o....49.383,318 46,110,093 23,094,638 20,987.851 12,169 22.725 43,546 68,835 Vlrelnla&So'thw.bApr. 161,296 225,024 611,106 544,204 JtSy 1 to Apr. so"... 379,978 149.750 Apr. 1,795,286 1,794,759 Wabash b. 4.3i4,163 Jrdy ito Apr. bo ...20,901,539 19,106,459 3,707.749 41,954 108.254 814,714 363.614 WJersev&Seftsh.JApr. 64,lt0 108.660 1 to Apr. st ... 1,063:878 1,026,978 94.720 368.041 390,335 Wheel AL.Eri^.b Apr. J2,022 954.250 717.042 July 1 to Apr. bO ... 3,690;818 3,654.433 1,'717 3.336 12.872 12.329 W'in8T.'rt&No.Kr.iMar. 21,743 87.262 126,419 125;769 ai ... Mar. 1 to J^y 179,65-< 183,620 531,360 649.331 Wlaoonsln Cent' i.s Apr. 1,699,7.''7 Jnlv 1 to Apr. ;.0 ... 5,490,220 6,402.651 1,839,717 1,495 xl 0,657 4.976 x: 5,090 Wrlghtsv.&Tenn.bApr. 4iJ,<Si51 62,383 xl65,958 Xl51,302 July 1 to Apr. 30 3,0H4 82,384 660,877 682,994 YnT-oo&MlBB Val.a.Apr. jSly Ito Apr. 3^:.:. 7,506,438 6,722,120 1,940,890 1,663,060 July 1 - J^ a Net earnings here given b Net earnings hera given cThese figures are In Mexican currency, and are oon<: ertibie luto 70ld at the current rate of exchange. dNet, after deducting taxes la $60,467 and $41,164 for 1905 and 1904 respectively for April and $1,186,095 and $1,013,343 tor period from July 1 to April 30. 1 Houston & Texas Central and Its subsidiary lines are included. J These figures Include results on the Buffalo & Allegheny Valley Division in both years. k These figures represent 30% of gross earnings. r For April additional Income is $11,226 this year, agalnet $1,083 From July 1 to April 30 additional income la $46,166 this last year. year, against $34,789 last year. 8 Including other Income, total income (exclusive of results of coal companies) for April is $1,147,569 in 1905, against $1,121,423 in 1904, and for period from July 1 to April 30 is $10,558,270 In 1905, against $9,504,848 iu 1904. Deductions from total income for additions and Improvements were $168,522 in April, 1905, against $257.666 in 1904, and from July 1 to April 30 were $1,074,301 in 19C5, against $976,666 in 1904. V For April additional income is $11,663 this year, against $6,502 last year. From July 1 to April 30 additional Income 18 $107,322 this year against $105,239 last year. X Includes $422 "other Income" for April this year, against $3W2 last year and for period July 1 to April 30 $3,925 this year, against $4,100 last year. 1905. taxes and rentals amounted to $182,705 t For April, against $209,344, after deducting -which net for April, 1905, was $1,936,(49, against $1,933,593. From July 1 to April 30, 1905, net after deducting taxes and rentals is $17,651,160 this year, against $20,607,101 last year. Interest Charges and Surplus.—The following roads, iln addition to their gross and net earnings given in the foregoing, also report charges for interest, «S:c, , with the surplus above or deficit below these charges. , are after deducting taxes. are before deducting taxes. Int., Rentals, Current Yean $ Roads, Ann Arbor Apr. July 1 to Apr. 30 .. 4tlantlc & Birm Apr. July 1 to Apr. 3o ... Bangor <& Arcost'b.Apr. j^uly 1 to Apr. 3o Belief on to P}lil».&ReartV.^ Apr. 3,320,457 3,258,417 1,875.739 1.443,429 July 1 to Apr. 3v>.... 30,463,680 28,943,104 13,939.496 11,339,346 394,412 262,505 Goal <& Iron Oo ^ Apr. 4,610,^35 4,450,207 July Ito Apr. 30 ..29,721,667 28,877,326 2,053,647 2,533.922 Total both Co.'s.bApr. 7,930.992 7,678,624 1,638.644 1,837.P41 July 1 to Apr. 3u.... 60,175,347 57,820,430 15,993,143 13,873,768 120,459 116,126 Apr Beading Co.b. 1.168,730 1,179,784 July 1 to Apr. 3»:. 1,754,770 1,958,300 Total all Co.'s.t... Apr 17,161.873 15,053,552 July 1 to Apr. 3o 66,517 63,237 159,927 158.337 Rich. Fred. AFot Apr. 380,913 338,174 July 1 to Apr. SO ... 1,225,709 1,176.757 kll,738 kl2.224 39,129 40,749 Rlo»randeJnnot..Mar, k52.140 173,804 k47,333 157,779 Dec. 1 to Mar. 3 1.... 14,349 12,502 36,651 35,276 BloGrandeBonrti.tApr. 162,593 192,359 385,631 398.831 July 1 to Apr. 3o.... 270,342 418,92!) 3,289,652 3,088,339 Boolf Island 8V"t;.a. Apr. July Ito Apr. 30 ...36,790,722 38,550,649 9,760,429 10,476,482 10,032 21.095 108,212 93,955 St. JOB.&Qd. iBl.b.Apr. 19i,i97 288.986 July 1 to Apr. 30 ... 1,066,207 1,116.967 245S Cenrral.May 29,978 278,786 16,062 148,099 46,414 465,261 330 etc. — r-Bal.of Net Earn'gs.—s , Previous Current Year $ 30,996 296,653 ? *5,456 *298,201 9,167 74.625 45,213 467,438 103.081 26,876 184,911 360 967 Year. 533 Previoits Year, $ *16,788 *156,824 8,688 101,264 24,039 179,170 1,111 4.199 Jan. 1 to May 3i.... 1,650 1,800 5,474 643 def.753 Brldgt. & 8aco Biv. Apr. 843 def.210 6,430 6,518 July 1 to Apr. 30 5,164 6,975 23,fl65 Butfalo &8'Bgueh..Apr. *28,945 *23,562 15.570 *«81,092 July 1 to Apr. 30 126,250 *261,978 194,538 California & N W..Apr. 26,933 26.889 def.2,3S9 def.23,240 July 1 to Apr. 30.... 270,663 262,588 46,944 def.49.860 322,856 Cent, of N. Jersey.. Apr. 11613.837 327,335 11583,860 July I to Apr. 3o.... 116.072,099 115,210,742 2,786,839 2.683,659 Chicago Qt. WeHt'n.Apr. cl72,709 cl68,283 4,482 def. 10,769 July 1 to Apr. 3o....cl,719,065cl,635,784 131,815 156,543 Olev.Oln.Uh.ABt.jL Apr. *93,473 334,328 319,163 *df.64,729 Jan. 1 to Apr. 3o.... 1,306,866 l,279,536*df.l09,551'd{. 134,452 Peoria & East ...Apr. 44,573 10,833 44,£9S *df.43,160 *47,320 Jan. 1 to Apr. 30 ... 179,209 178,390 *14,S44 Uopuer RangB ... Mar. 8,487 16,976 def.15,100 8,437 46,769 July 1 to Mar. 31.... 75,937 68,249 102,831 Cornwall &Leban.. Apr. 10.553 8,771 4.099 4,175 50,004 40,348 41,118 53,902 July 1 to Apr. 30..., ';26,048 *149.191 Den. & K. GiM'.in Apr. tS33,131 t339,723 July 1 to Apr. 3w.... t8,442,427 13,337,147 *2,416,444 *2, 084,869 >ol. 8o.8h. & an.-.Apr. 85,842 88,642 *df.22,531 Mf.28,078 866,416*df.l69,75:=*df. 228,983 910,499 July 1 to Apr. 30 ... *3.803 dpf.30,258 aeorgla KR Apr. a51,093 a52,766 July 1 to Apr. bO. a 814,419 a5iO,069 *165,093 *167,377 *8,959 '14,742 aulf&ShiplHl Apr. 26,813 25,192 *313,404 *138,1S6 July 1 to Apr. 3o.... 218,223 263,671 *59.459 *16,268 Hocking Valley.. -.Apr. 77,126 69,188 817,881 *1,203,S86 *1, 122,568 July Ito Apr. 3o.... 765,434 nillanain.&Ia. Jan28,444 23,124 22,874 9,044 165,182 160,116 145,847 27,326 July 1 to Jan. 31.... * 4.147 Kanawha* Mloh.. Apr. 19,653 20,823 *def.2,600 199,076 205,864 *def.l.98l Mf .13,274 July 1 to Apr. 3o.... 11.350 '16,984 '16,092 [.onl8l'na«S! Arkac.Apr. 11,350 '163,157 '30,110 113,500 100,?67 July 1 to Apr. 30 ... 6,409 def.2.828 d6f.3,020 Manistee* No. E. Apr. 6,672 29,724 Jan. \ to Apr. 3o.... 26,688 25,636 36,807 7,898 6,546 «arvlana& Ponn..Apr. 3,833 2,876 Mar. 1 to Apr. 3o.... 7,667 5,750 10,383 8,122 '747 9,447 9,447 'def.4.630 Mineral Range Apr. 9i.466 »65,58i'def.42,852 94,947 July 1 to Apr. bO .. 353,687 343,716 def.97,900def.212, 394 Mo. Kan. A Texas. .Apr. 910.031 635,943 July 1 to Apr. 30.... 3,537,4C9 3,326,476 154,3S4 148,942 15,809 22,286 .«ae:iv. Chat. Aat.i.. Apr.' 716,300 697,035 .July 1 to Apr. 3'.>..... 1,500,342 1,501,336 2,141 /ev.-Cal.-Oregon...Apr. 2,162 6,258 2,345 21,541 21,799 58,588 36,114 July 1 to Apr. 3o.... giO,360 gS8,317 109,919 74,784 .M.Y. Ont. & West... Apr. 9eE,e48 630,952 July i to Apr. 3u.... fio25,436 ^574,218 327.538 482,427 463,537 orfolk * We«t'n....Apr. 285,779 July 1 to Apr. 3o.... 3,095,512 2,717,580 4,627,822 4,768,612 Reading — All ooiapan4e8...Apr. July 1 to Apr. 3«> . aioOrandeJanot..Mar. Dec. Ito Mar. 31.... <lo<irMijdeaoat)i..Apr. July 1 to Apr. 3o.... Jo8.&Or.l8l'd..Apr. July 1 10 Apr. 3o.... Seaboard Air Line.. Apr. July 1 to Apr. 3o . Apr. Texas Central July 1 to Apr. ao.... St. X.iledo&OhioOen.Apr. July 1 to Apr. 3o. Tol. Peo.A West.-.May July 1 to May 31.... 889,2:'0 1,073.036 865,500 883,264 8,655,000 8,852,640 8.506,372 6,200,912 8,333 7,703 3.891 4.030 14,000 21,307 33,333 30,833 17.540 17,833 def.3,907 *def.3,334 *13,889*def.ll,439 180,629 180.406 140 def.8,482 20,955 16,514 26,194 212,792 193.862 338 '94,206 'def.7,884 253,728 215,745 '837,801 '338,014 2,600,107 2,365,763 17,'?05 2,584 2,584 1,366 25,833 236,616 158,634 25,833 38,813'def.l5,04S'def. 16,710 86,811 '3 04,729 '394,738 395,443 374,801 df.1,387 74 28,318 23,213 def.611 254,183 df.38,528 263,582 — . . . - 11: .. THE CHRONICLE. 2454 Int., , Rentals, Current Year. Roads. etc. — ^Bal, of Net Eam'gs - Previou* Year, Curr-ent Year. $ $ $ $ 2.764 2.744 25,421 25,015 July 1 to Mar. 31.... 146,200 144,329 Wiaoonsln Central.. Apr. July Ito Apr. 30... 1.459.746 1,458,995 572 11,841 *40,648 *410,196 Year, def.1,027 def.3,272 *38,797 *28 1,678 After allowing for other income received. t These figures are after allowing for other income andf or discount and exchange. The sum of f 10,000 Is deducted every month from surplus and placed to credit of Renewal Fund. T Included in the fixed charges in this fiscal year are expenditures for renewals, additions and improvements amounting to $80,652 for April, 1905, against $47,748 in April, 1904, and to $1,360,897 for period July 1 to April 30 against $543,692 the previous year. a Charges here include road-rental (paid by lessees) and othei deductions. c Charges include Interest on debenture stock. K These are net charges after allowing for other income received. Mlscellaneons Companies. Current Previous Year. Year, . Year. $ Oompaniei. ti^as Co.... Apr. Oct 1 to Apr. 30 Cumberland Telephone dc Telegraph Co. a.. Apr. Jan. 1 to Apr. 30 Cuyahoga Telep.Oo, Apr. 22,519 225,818 18,284 194,589 381,909 1,496,472 46,396 325,923 1,294,565 83,559 144,994 599,761 20,371 130.265 546,280 13,899 10,503 47,777 22,725 9,023 40.335 18,102 2,313 13.581 8,877 4,168 18,975 4,716 Edison Eleo. Ilium. Co. of Brockton, Mass.. Apr. Jan. 1 to Apr. 30.... El Paso Elect. Co... Apr. Fall River Gas Works Go Apr. July 1 to Apr. 30 Houghton County Net Earnings. Previous Ciirrent rear. 22,784 271,646 22,878 286,941 4,875 86,209 108,196 15,127 69,338 18.008 60,162 6,765 87.203 5.498 28,186 20,139 208,217 25,614 298.181 18,368 197,745 23,244 274,877 7,765 93,917 17,056 139,381 68,513 6,378 6,427 Jan. 1 to Apr. 30.... Lowell Electric Corporation Light Apr. July 1 to Apr. 3o c Mi%xioan Teioph..reb. Mar. 1 to Feb. :8.... Milwauk. O^asL. Co. May Jan. 1 to May 31 Minneapolis Oen. Electric Co... Apr. 55,083 47,467 877,377 501,814 July 1 to Apr. 30 Pacific Coast Co. a. Mar. 452,019 456,715 July 1 to Mar. 31 4,577,100 4,845,796 319.639 79,149 12,402 134.886 57,255 292,687 25,224 297,344 82,626 896,031 20.685 234.724 86,013 811,347 Pocahontas Collieries Company 18.349 71.188 Apr. Jan. 1 to Apr. 3o.... United States Telephone Oo. (Cleveland)... Mar. Wllkesbarre Oas & Elec- 40,446 85,417 24,975 52,979 Feb. Jaa. 1 to Feb. 28 tric 16,284 15,261 13,233 29,182 WetkorMo Marmngi Ttar 9 A Mil. Elec May... Chic. & Oak Park., e May... Oin. Dayton &To1.Tt March. Citizens' Ry. <b Ligtn 44,812 69,394 37,674 (Muscatine, Iowa). April 8,70« 47,02S Chicago 01eve.«k So.W.Tr.Oo. May Oleve. Palnsv. & E. April Detroit United Ry..«i l»twk J'na 16.10' 97.532 12,260 Duluth Street Ry.. istwk J'ne Bast St. Louis & Su1> May 113,18 Elgin Aurora & Sou. April 35,409 Jan, Ourretf Tear Ttar. 9 31,476 64,137 33,768 > 158,754 340,120 101,261 earnings here given are after deducting taxes. c Figures given are in Mexican currency. Interest Charges and Surplus. Int., , Rentals, etc. — ^Bal. of Net Eam'gs.—^ - Current Previous Current Previous Year. Year. Year. Year. $ $ OompaniM. Cumberland Telephone & Teleg. Co Apr. Jan. 1 to Apr. 3u.... Cuyahoga Telep.Oo Apr. . Houghton County El Lt. (Houghton, Mich Apr. ) Jan. 1 to Apr. 30 Lowell Electric Light Corporation Apr. July 1 to Apr. so Minneapolis Gen. Electric Co Apr. July 1 tc Apr. 30.... 122.429 616,054 8,380 109,604 461,911 3.958 670 1,078 4,859 3,405 1,643 10,901 5,457 3,090 14,716 1,311 3,090 92 842 4,587 83,119 6.335 102,354 2,188 8,761 2,188 8.851 4,577 28,452 3,310 19,335 735 10,852 1,525 13,849 7,030 83,565 4,853 65,300 9,070 95,010 9,489 97,630 16,154 202,334 11,196 137,094 2,680 3,420 288 Pocahontas Collieries Company Apr. to Apr. 30 ... United States Telephone Co. (Cleveland)... Mar. Jan. 1 Wilkesbarre Gas & tric Jan. 1 to Feb. 28.... dl5.845 d68,193 2,504 7,998 9,111 8,594 9,206 18,567 4 Charges include sinking fund and Land Co April. Houghton Co. St. Ry April. Houston Eleo. St. R> April. Illinois Traction Oo. May.. 26.24- <!i IndlanapolisANorth western Traction. Intemafl Tract. C< System (Buffalo) lacksonville Eleo.C Kansas City Ry.&L> Lehigh Val. Trao. C' Street Ry. Dep... Electric Light Dei. March. Vttkori! Montreal Street By Blnghftuiton Uoston & April. May.. April. Ky Worcester 0»4r'> May.. frevtOM Ttar. Jtar, 8 9 21.12 V 19,780 8M.'i7 126,91 iiu,820 dl, 33,CG0 44,140 28,!S85 128,7 .S8 23,276 21,217 97,277 26.82-1 7.068 7,471 442.58.*> .•)0e3» Dal* VMrrtnt 82,7tfH May.. Jai%. 1 to Lateit tear. Ai.ril. Cent.. Pfinn. Trmot.... 382,000 88,119 32,759 23.184 "I 6S,28« 26,64 45,667 37,790 14,208 13.45! 25,798 22,64*' 18,867 15,l8f) 13,609 12.140 7,784 7,014 194,004 177,27t 454,788 252.96« 42,573 31,001 202,946 186,472 AprU.., Wayne orthem Texas Tra< April.... April.... May Mty Northwestern Kiev Oakland Tract. Coir April.... jlean St. Railway. April.... Grange Oo. Tractior: April,... Peeks. L't'g A RR. Co AprU.... Pittsburgh McKeesApril. port & Greensb'g . Union Traoi April. Rye Co.Gben.— Roadf May.. Light Go's May.. May.. tiocbester Railway »ookford Beloit A Poctsv. Janes vllle 3t Joseph (Mo.) By Lt. Heat & Pow. Oo San Fran. Oakland A San Jose Ry Sao Paulo (Brazil rram. L't & Po. Oo 153,217 89,70S 96,81 132,321 56,995 52.61M '44,80'i 22,760 20,878 924.487 830,454 986,8 5 1,006,443 154,261 117,999 801,27e 723,723 1 18.945 68,838 13.607 63,064 c^7.080 50,7S> 120,688 1 07,30 y 122.246 107,332 7.87»10,934 7,610 8,619 6,911 8,386 51.46i^ 49,108 241,664 211,720 261,728 244.73 689,69 442.99^ ;j83,885 S5,85fs 28,866 27,5 33,994 31,103 . 54.M54 26,2(i7 12.467 10,784 16,891 14,469 83,487 27,86 1,882 1,76 146,673 123,170 669,7i2 88,356 62,310 106,059 9,677 679,433 43,58 59.8 129,90 10,2^s^ April. 10,218 9,597 35,289 32,486 May. 60,037 54,271 277,494 253,657 April. 47,412 34,359 170,66^ 122.555 97,000 71,93 46,332 40,941 April Soranton Rallwav. 76,788 66,06i Seattle Electric Oo. April 203,424 187,874 South Side Elevated May 139,455 129,18' Syracuse Rap.Tr Ry April 75,742 69,040 ramna Electric Oo. April 33,716 30,484 Terre Hte.Tr.<&LtOo AprU 46,761 42,044 rol.Bowl.Gr.<lcSo.Tr Mav 28.576 23,09' Toledo Rys. & Light April 147.189 134.42' April Toledo A Western.. 17,748 17,98f> WkJunelO 80,194 48,84N Toronto Railway .. Twin City Rap. Trai irhwkMay 182,328 128,528 Un'd Bys.of St. Louie May e7f 6,887 84l,00h April 590,50 il 569,G09 United of San Fran Wash. Alex. A Mt. V April 23.078 23.2U1 YonnjrBtowB Rharor April 43,7631 S7.602 499,600 171,717 278,56779,312 673,6 t 179,88(.' 398,659 158,653 247.904 733,267 672.121 270,630 111,934 165,564 678,07. 63.624 1,090,614 634,640 60,071 9 76,342 Savannah Elect. May Oo April ' 295,67t) 128,96- 1,777,16« 3,295,08 ^,231,87 78,06' 16».547 1,683,818 3,336,378 J,l 12,966 78,627 148,233 Spanish silver. These are results tor properties owned. a Decrease due to a strike and boycott. b These are the combined earnings of «11 the oonatituent oompkiilea. c These are results for main line. d Figures here are from July 1. n These earnings Include the Detroit United By., Detroit AFcit Huron Shore Line and the Sandwich Windsor A Amherstbnrg By. e Decrease due to the fact that the Louisiana Parohase Exposition 1 was open last year. street Railway Net Earnings.—Th ? following table give the returns of Stbbbt railway gross and net earnings received this week. The last general sammary which we famish once a month, and in which we bring together all the roads from whloh monthly returns can be procured, was given May 37, the next will be given June 24, Net Earnings.—^ 07'oss Earnings. Jan. 1 to July 1 to I'rn^ut Burllngt'n (Vt,)lTac May.. Oal. Gas <h Eleotno. April. . 64,12' &, ffor.OhioTr.<lcLt.O< !f 439,6*7 April... April... April... April... April... Muncie Hartford 6,676 105,159 56,535 <* tflLLt.HeatATr.Oo West Side Elev MU.Elec. Ry.d(Lt.C 9,984 103,771 80,33 330.279 3 1 2,70 « 1,276,51 1,209,047 27,76 23.519 104,82^ 89,991 385,807 )29,483 1,420,97 1,862,770 Uet. Hoadt. Blnghamtos Ry.b. preferred dividend. ~i~ Albany & Hudson American K'ys. Oo.l: Aur, Elgin* Chlc.R 229,366 780,058 April April April March.. May.... Traotio' 27,120 16,91" 32.049 72,614 16.778 • Lexington Ry Lima £1. Ry.ALt.Oo May London St. Ry.(Oaii April... Af ad. (Wis.) 40,37 84.614 18,067 a2,05ti Indianap. & East. Ry April. Indianap.^b Martinsville Rapid Tran.. April. 6,667 4,027 10,625 Lattit Broil Barningi Oboss t Honolulu Rapid Tr — 7,173 STREET RAILWAYS AND TRACTION COMPANIES. E^BHIROa. 38,075 188,817 54,79 « Wayne & Wabash VaUey Traction,. April 68,808 58,744 266.59Havana Elec. Ry. Co WkJune 11 |39,97H (32,304 1841,06) ElecFe)». 9 182,413 322,821 95.873 I Edison Elec. Ilium. Oo. of Brockton, Mass. Apr. Jan. 1 to Apr. 8u £1 Paso Elect. Co... Apr. Fall River Gas Works Oo Apr. July 1 to Apr. 3o.... 20,661 84,369 9,941 22,565 83,707 11,991 Bate Privioye Ttar. 31,S38 160,621 53,314 87.04.5 1,944.694 1,725,561 11,38! 261,148 250,431 105, lb4 530 327 478.108 33,425 134,22 135,793 8,126 41.441 14.96 . a Net I to liau»i Pret'ut Ft. Ft. El. Lt. (Houghton, Mich.) Apr. Laitit Oroti ABMIMaS. * — Gross Earnings. — [Vol. lxxx. GBOU . Previous Wmaport & No. Br. Mar. Buftalo b . . 75.087 dl.'. 7G,0C1 95,4Z4 88,938 May May 27,370 322,96 1.712,903 1,202.198 4%. 124 210.806 197.549 . / Previous Current Previous Year. Year, Year. Year, $ May 31 31.... Central Pennsylvania Traction Co May Jan. 1 to May 31 Ohio. A Milw. Elet May Jan. 1 to May 31 Cleveland & Sonthwest'n Traction Co. b... May Jan. 1 to May 81 East St. Louis ASnb. May Jan. 1 to May 31 $ 23,276 97,277 284,906 21,217 88.938 217,126 12,382 42.251 110,006 10,020 38,616 97,612 50.636 210,806 44,212 158,764 45,124 197,549 34.176 122,413 9,781 17,688 23,658 77,005 7.596 10.678 20,703 64,962 47,088 188,817 113,183 680,327 41.441 160,621 478,108 20,775 66.854 66,398 298.222 16,874 40,750 49,675 t37,696 12,056 30,382 40,877 822,787 16,919 def.28,929 86,638 def.48.20S 18,006 32,049 118,621 892,239 6,624 7.738 9,971 83,368 10^134 Hougbton County St. Ry. (Hancock, Mich.) Apr. 28,979 — Current Jan. 1 to Apr. 3U.... Houston Elect. Oo. Apr. Aug. 1 to Apr. 3o.... — June — Gross Earning':. — - ^ Set Earnings. Current Previous Current frecious Year. Year. Ytur. Year. 84,614 439,074 72,614 382,000 $ 32,770 183,908 $ 32.179 156,744 Sy8tem(BTiffalo)b.Apr. 330.279 Jan. 1 to Apr. 30 1.276.611 July 1 to Apr. 30.... 3.629.240 27,754 Jaokaonv. Eleo. Co. Apr. Jan. 1 to Apr. 30.... 104,826 Lima E eotrlo Kallws*y & Light Co .May 18,867 North. Tex. Tract. bMay 57,080 244,731 JaiL 1 to May 31.... 313,708 1.20J,047 3,383,812 23,519 89,991 145.174 50i,669 1,608,104 12.810 45,981 96,460 376,486 1,386,474 9.756 33,878 15,185 50,736 211,730 123,170 579,433 1,254.306 158,«53 187,874 733,267 30,484 111,984 42,044 165,664 7.852 27,314 105,059 70,924 299,667 664,767 19,811 68,464 69.300 236,272 13.263 60,598 11,982 51,116 3,077 25,620 89,776 56.227 241.122 669,038 14,937 69.497 56,557 213,284 11.734 46,671 10,4S8 42,822 23,0S6 11,525 7,100 Roads. Co.a..May May 3i International Tract. Co. Jan. 1 to Boohester Sy. Co.bMay 145,673 669,703 31.... 1,454,642 July 46.332 Savannah Electric. Apr. Jan. Ito Apr. 30 171,717 Seattle Electric Co. Apr. 203.424 779,313 Jan. 1 to Apr. 30.... Tampa Elect. Co... Apr. 33,716 Jan. 1 to Apr. 30 128,968 lerre Haute Tr&Lt. Apr. 46,761 Jan. I to Apr. 30.... 179,580 May Ito May 31 Jan. 1 to Toledo Bowling Green & Bouth'n Tract.. May 40 841 25,575 a Net earnings here given are after deducting taxes. bNe!} aarnlngs here fclven are before deducting taxes. f Deficit due to a strike by the trainmen and a boycott by the trades unions. Interest Charges and Surplus. . l7it., Rentals, etc. — ^Bal. of Net Earn' Current Previous gs.—. . Current Previous Tear. Tear. Tear. Tear. $ $ $ $ Roads. Houghton County St. By. (Hancock. Mloh.). Apr. Jan. 1 to Apr. SO Houston Elect. Co. Apr. Aug. 1 to Apr. 30.... International Tract. Co. System . THE CHRONICLE. 17, 1905.] Illinois Trao. — . 3.615 13,951 8,712 75,708 3,447 def.27,544 13,117 def.5r,T56 7.941 6,354 68.922 39,913 Jan. Ito Apr. 3u 638,821 July 1 to Apr. 30.... 1,372,162 aokaonv. Eleo. Co. Apr. 3.016 Jan. 1 to Apr. 30.... 12,066 North. Texas Tract. May 11,527 Jan- 1 to May 31.... 63,771 Savannah Electric. Apr. 10,554 Jan. 1 to Apr. 30 42,215 24,764 Seattle Electric Co. Apr. Jan. Ito Apr. oO.... 99,641 Tampa Elect. Co. Apr. 1,835 Jan. 1 to Apr. 80.... 7,609 Terre Haute Tr&Lt. Apr. 8,744 Jan. 1 to Apr. 30.... 36,530 Toledo Bowling Green & May Bonthern 2,030 19,443 13:, 704 12,180 def.36,244 583.530 def.34,162 df.l 57,044 1,329,978 235,942 56,499 9.794 3,104 6,652 12,522 33,915 21,396 12.194 15,787 13,426 60,518 51,288 39,258 10,306 9,257 4,631 41.090 26,249 18,407 24,949 84,536 31,608 135,631 95,166 118,038 2.093 11,378 9,641 38,',il9 8,352 42,989 9,177 3,238 1,281 S7,S53 14,586 4,969 135,^94 (Baflalo)..Apr. 2,077 def.5,384 6,495 6,030 2455 FoC&hontas Collieries Co. of Virginia. fReport /.-r Fiscal Year Ending Dec. 31, 120Jf.) President Charles S. Thorno, under date of April 25, 1905, says in substance: Additions.— NeROtlatlons with the Norfolk & Western Railway and Its subsidiary land company were ooncladed, and agreemeats entered Into by which this company acqilred a lease of 1,348 acres additional coal land, making a total of 9.834 acres now held nnder lease. This additional property is located at the exlreme western end of th^ property controlled by your company fronting on Laurel Creek, and contalus about 1 3,484,700 tons of ooaL The asreements with the Norfolk ft Western Railway Oo. provide for the constractlon of a branch road extending about 10 miles up Laurel Creek from Pocahontas, without cost to this company, and the management ha; commenced work on one of three new coal operations which will be installed on this road to develop the large territory now controlled. The whole acreage now leased and unmlned contains about 80.000.000 tons of coa'. ExcHAKQB OF 8ECUBITIE8.— When the Pocahontas Collieries Cj. of New was organized In 1902, It acctnlred the entire capital stock pledged as collateral for an issue of trust bonds, with the understanding that when It became feasible this company would retire these trust bonds by an issue of llrst mortgage bonds. This has now been aooomplished and the securities of this company have been issued in retirement of the securities of the Pocahontas Collieries Co. of New Jersey. PbesentChaboes.— The annual fixed charges Include $62,500 bond Interest, and with the sinking faod and preferred stock dividend, aggregate $173.C00. The taxes and unusual legal expenses Incurred In the negotiations with the railway company and In the conversion of the securities of the New Jersey company were in addition to this amonnt last year, and a saving of at least $5,000 per annum in expenses of this char.*oter will result by dispensing with the holding .lereey of this company, which It company. Operations.— The prices for coal and coke were not as high as daring the previous year, but, notwithstanding the keen oompetltlon, the management was enabled to maintain Its prices on a biisis that has permitted the payment of all fixed charges, of dividends on preferred stock and an increase of Invested surpias. The conditions of the coal business, which have been somewhat distuibad since the middle of last year, hive now become more settled, and a good demand for coal is Indicated at prices in advance of those obtained for the year 1904. The steel tipple for the Baby Mine has been oomplettd. tndthis with the other improvements at the Pocahontas mines, has materially added to the capacity of the plant, and will admit of handling an output in excess of 1,UOO,000 tons per annum as soon as the doubletracking nndertaken several years ago by the Norfolk & Western Railway Co. has been completed. The folJowing is a condensed statement of the output, shipments and earnings for the past three years: 1902. 1903. 653.628 477,006 87,542 763.604 550,720 112,894 808,276 622,397 105,589 $259,211 $528,713 '^^:^^:::::::::"-:::-:::v\^^ _7M5o $289,817 5 71,719 Coal output, net tons Coal shipments, net tons Coke ehlpments, net tons Total earnings 1904. U4,534 Net earnings $190,931 $452,063 $203,564 Deduct dividends paid to Pocahontas OolUeriea Co. of New Jersey for 10 months to Nov Ist. 1904, including amount of boni interest, sinking fund and preferred dividends on the securities of that company 152,400 Balance $51,164 Deduct accrned fix^d charges on new secorities of this company for two months from Nov, Ist, as follows: Interest on $1,250,000 bonds „ $10,417 Dividend on $i,5cO,000 preferred stock 15,000 3 cents per ton for sinking fond 8,728 ANNUAL REPORTS. 29,145 Net surplus foryear Annual Reports.—The following reports of steam railroads, street an index to all annual railways and miscellaneous ia companies which have been published since the last editions of the Railway and Industrial and Street Railway Full index for last quarter was in V. 80, p. 1475. This index does not include reports in to-day's Chronicle. Sections. Railroads, btc— Page. 1910 Alaska Packers' Association AmalKamated Copper (statement, with balance sheet Apr. 29) Beet Sugar American American American American 2394 1911. Can 1726 234* Ptpe Mfg 32 17 School Furniture Anier. Waltham (bal. Bh. Mar. 31).2343 BeU Telepnone 2395 of Buffalo 2395 Bell lelephoce of Canada Bell Telephone of Philadelphia... 2395 1853 Brooklyn Dnion Gas 185fl Brush tlec. Ilium. Co.. N. Y 1727 ButterickCo Cent. Dist. ft Print. Teleg.. Plttsb 23B5 Telegraph.. .1727 Amer. Central ft So. 1865 Central Union Gas Co n . Y . . Chesapeake ft Potomac Teleph....23«8 .. 1970 Chicago Edison. 1911 Cleveland Akron & Columbus Colo. Fuel ft Ircn (statement to 172« N. Y. Stock Exchange) ^396 Colorado Telephone 234a Col. & Hocking Coal ft Iron Commonwealth Klect., Chicago... 197u Consol. Gas Co. of New York..fcM. 1910 2342 Conso Idated Rubber Tire 1H63 Corn Products V39« Cumberland Teleph. ft Teleg "399 Denver ft Rio Grande 234'<i Electric C(i. of America 2218 General Asphalt General Electric 1726. 1785 Gottlieb- Baucruschmldt-Strauss 1974 Brewing 1909 Grand Trunk Ry. of Canada 2347 Great Lak. 8 Towing : Hudson RiVPT Telephone & Br. Top Mm. RR. Hunt. Internatiunal Nickel 239f'. ft Coal. 1724 2216 Kansas City So. (circular by man1921 agement) Kings Co. Elec. Light & Power.... i^aiH 1862 Lake Shore & Mich. Southern Mexican International 1869, 1B7H IVl ezican Tel eg raph 1727 l>-52 Michigan Central 289e Missouri & Kansas Telephone 201 Montreal Light Heat ft Power 180S. 1917 National RR. of Mexico . Railroads. Btc— Page. Nebraska Telephone 2397 New Amsterdam Gas 1865 New England Teleph. & Teleg 23»7 New York Chic, ft St. Louis 1853 New Yirk Edison 1866 New York Mutual Gas Light 1855 Northern Pacific (bal. sh. Feb. Sr*). 1853 Northern Union Gas l>-55 Oregon Short Line (t)al.8h.Jan.31).1969 Pacific Mail Steambhlp 2341 Pacific States Teleph. 2.SH7 ft Teleg Penusylvatia Telephone. 2397 Pittsburgh Oil & Gas 23il Pittsburgh Coal (statement to N. Y. Siock Exchange) 1919 Safety Car Heatlr.g a Lighting ...2218 Southern New England Teleph.... 2398 1>«65 Standard Gas Light Co.. N. Y.. Tennessee Coal, Iron & RR..1970. 2217 United Copper 2395 United Elec. Light ft P.,wer, N. Y 18o« United Gas Improvement 185f, iSii United Shoe MJachinery 1922 U. S. Realty ft Iiupt. (10 mo».) 2340 United States Rubber 11-69 United States Steel Corp. (3 mos. to Mar. 31) 1725 Wesieru Telephone ft Telegraph.. 239:) Total invested surplus Dec. 31st, 1904 Callfdrua Gas ft Elec ric Corp ...1910 Capital Traction (Wash.. I). C). ...1360 Chicago City 869 Chic, ft Oak Park Kiev. (6 mos.)... .1171 Consul. Ry., Cont. (balance sheet Mar. I, 1908) 1910 East St. Louis ft Suburban 871 In erst ate Kitllways 1172. Loui.sville Ky 9v4 Me irop. West Side Eiev 1421 Muskegon I'raction ft Lighting .1 35 PhiladelphlaC •. of Pitiab.. .Ie53, 18oW . Pittsburgh Itailwuys IHtU Sao Paulo TraOiW^iv Lt. ft Power. .1969 Twin City Rapid Transit 123;< United Railroads of San Kran 1857 United Rys. ft Elec. Baltimore... 1725 United Rys. of St. Louis 1054 United Rys. Investment Co. of San Francisco. .. 1909 WasLingtOL- RaUway ft Electric... 1232 $535,004 BALANCE SHEET OF DEC. 31ST, 1904. Assets — Liabilities Cash in banks Accounts receivable Store goods & supplies. SlDklDsr fund for bonds. $51,616 48,030 80,979 56,023 . . Real estate Leasehcld rights 1,667,581 and mines 3,050.000 237,«25 Coal equipment 558,344 Coke plant A equlp't... 502,115 Power plant 74,527 Boissevain pant (new oper. on Laurel C'k).. 7,821 Pocahontas Inn prop'iy 24,684 Pocahontas Light Sb Water Co. stock 150,000 Buildings & land imps. Total assets y$6,453,322 Preferred stock (6 p. o. cumulative) $1,500,000 Common stock 3,000,000 1st mere. 5 p. c. gold bonds 1,250,000 Bills payable 43,438 Wages payable 16.964 Royalties payable 18,171 Mlscell. aocts. payable. (50.600 Aoor'd divs on pref. stk. 15.000 Acor'd int. on bonds.... 10.417 Accrued sinking fund.. 3,728 Surplus D£ c. 3 1 , 1904 53 5,004 . Total liabilities and surplus $6,453,322 y After deducting sinking fund depreciation, $56,023.— V. 80, p. 1487, 226. American Caramel Company. . Stkbkt Railways.— $22,019 Aa (Report for Fiscal Year Ending Dec, SI, 1904.J cf&cial statemeat for 1904 permits the following com- parison: Net income DductIiitereet and premium on bonds Written cfi 1903. 1902. $165,043 $177,700 $26,705 $27,897 1,592 0,000 $29,751 1,592 8u,000 45,000 $55,552 $21,356 l,58t> K p. c. on preferred stock 41s p. c. on common stock Neteurplus. 80,000 SHEET DEC. 1904. 1903. $ t Plant, franch's. ftc. 2,369.908 2,381.726 Prepaid insurance.. 4,ai7 i;z'i A utts— Accounts receivable 56.!3ii .Materials, &c 111,279 Orginlzatlon exp Stocks and bonds.. Hum., Uitures, ftc... 89,648 11.091 Cash 4t<.795 . . 1 Total 80. p. 1S«4. 1 $95,179 , B.4.LANCE -V. 1904. $203,471 l.BHt) 71, Mis lit, IMS 3.173 31. 1K04. 1903. Liabilities— $ % Common stock ....J,oO",000 l.Oi.O.OOO 1,010,000 1.0 O.'jOO Preferred stock Bond account 400,000 400,000 Accounts payable, accrued i(t.,&c... ProfltandlOBS li,249 278,464 16,489 193,805 48.32* 2.690.713 2.60 ,294 Total A690,713 2,600,294 J 1 . THE CHRONICLE 2456 Montreal (Qae.) Light, fleat & Power Company, {Report fi. r Fiscal Ft ar Ending April 30, 1905 J General Results.— There hare beea declared oat of thi net profits f GUI quarterly dlvldeads of 1 per cent each, amouiitlnK to $680,000, leaving a balance of $448,785*, which, added to.tho enrp'.usof $38"',100 bronght forward, brings the surplus to $833,889, out of which the folComlDgent account, lowing appropriations, have been made, t'.z $150,0C0 (for depreclallon, eto.); insurance account, $80,399. Both these accounts have been establi'.hod during the year. During the year 463 electric meters were installed; and 936 electric customers, representing 24,842 Inoandesoeat and 86 street arc lamps, and f 3 motors, equivalent to 4,793 h. p., were added to the company's circuits. Thsre were also Installed -i.soo gas metero, 2,304 gaa stoves and 1,557 new gas services, and 26 47 miles of n£w mains and servlOPB were laid. Oc Anril 30 there were connected over 55,000 gas and el<^ctrlo meterp, and The prospeota were most favoiable. Bonds.— There have been Issued $317,000 of 4ifi p. c. loads to pay for exieQ8ion3 in the gas aad electric deparcments and lor redemp: tion of bonds of sub&lcliary campanles. Additioxs.— A controlling plant was Installed at the Hoohelaga Gas of over 3 miles In length was laid to the Works, and a larsre supply Ottawa Street Works tJ supplement the supply of gas daring the hours of heaviest consumption. With a view to extendini: coke sales for domestic uges, we proposs Instalilng a coke-brlqueiting plant at gas works during the coming year. There are under ojnstraction two new (tire-proof) elyctrio distributing stations of 10.000 H. P. capacity each, one to supply the east end and the other the north esd of city. PUHCHABE Your directors acquired by purchase the Provincial Light, Heat <fe Power Oo., which controls for the Provlaoe of Quebec the St. Lawrence Power Oo., Limited, and owns the Jights to all the surplus water of the Soulanges Canal, and it Is the Intention to utilize the power from this source as soon as conditions warrant. New C'oxtkact.— We have entered into a 25-year contract with the Montreal S.rest Railway Co. for an additional 7,000 H. P. of electric P. of which is to be supplied by the first of July current, 4,000 next and the balance as the Railway Company may require same. EABNIN08, EXPENSES AND CHABOES YEARS ENDING APRIL 30. 1902. 1905. 1904. 1903. mam — H OroBsearnings Expenses $2,901,265 $2,589,447 $1,937,560 $1,760,285 939,068 1,302,122 1,243,687 1,036,688 [ output. The magnitude of the company is evidenced in the foilowirg list of ghoe machinery and eyelet companies of which it has absolute control: United Shoe Mach. Co. of Can. Deutsche Vereinlgte SohumaUn. Shoe Mach. Co. de France. sohinen OHsellFOhaft. United Shoe Machine Co. o! Me. Cons. <fe M.Kay Last Machine Co. British United Shoe Ma.oh. Co. McKay Shoe Machine Co. Efipler Welt Machine Co. Davej- Petrging Machine Co. I'iternat'l Eopler Welt Maeh. Co. Boot & Shoo Sole Laying Co. Boston Liat^tlng MachlLC Co. Corrngated Wire L isting Co. Gem Flexible Ineole Co. Goddn Sons Metal Fast. Co. Seaver Process Lasting Co. Amaz»en Maoblne f^o. Un, XPedlte Flninh. Co. or Me. Eppl«r Turn Shoe Machine. Bootou Fast Color Eyelet Co. Enamel Eyelet Co. United Fast Color Eyelet Co. O. A. Miller Treeing Machine Co. Rhodes J. C. & Co. Power Eyeletting Machine Co. Nat. Fast Color Ejelet Co. Ua. Fast Color Eyelet, Ut, Brit. 8. O. $900,872 $182,205 679,334 ^821,217 $91,495 587,9e9 $i0»,014 $3e,'J3S $141,733 Surplus $448,789 BALANCE SHEET APRIL New 90,f-31 148,9C>7 Accrued iOi.Wb 850,438 171,231 19,93« 52.2i6 19,087 Bank B. 4 Sm.-V. Co. suspense account 1*5,863 iO,«»i 30,251 22,391 .. Cash Total -v. 80, p. 2401. 8. iJlvs. 27,7 Kansas City (Mo.) Gas Company. f Statement for Fiscal Year Ending April SO, 1L7,718 loans unclaimed... 2t!.oao h,44J i:o.ooa 15 1,107,581 7,^29 no,ouo 100,1.00 150,000 603,190 3:5.10 J .26,':41,512 26,810,410 Total. Barney & Smitfi Car Co. (Report fof Fi&cal Year Ending March SI, 19C5 ) The reealte for five years compare as below: fitcal Tear. 1904-05... 1903-04... Bad Net. profits. l(£ INCOME ACCOUNT. 1905. Net earnings $428,117 Interest on 5 p.O.bonds 204,638 Sarplas ....$223,479 $18i/,3a2 $67,245 633,553 568,261 399,993 37«,192 S.750 1902-0;^... 190102... 19C0-01... Asstts — Beal estate, $60,000 eO.uOO 60,000 60,000 26 380 t;o,ooo BALANCE SHEET MARCH 16C5. 1904. $ plant, Improvements, &c.3.7E0,C00 .',775,000 Merch'dise n band.l,30i,0»3 1,036,269 Mllltown saw-miUs i and timber lands.. 312.23S ' I «47,«n2 1.182,367 !iE4,13« 469,- 6? 47,120 4tf,4T0 Bills receivable Accounts receivable Casn Total assets —V. 80, 31. 190 -. 190t. lAabiliHea— S $ Pref. stock 2, 500.-00 2,500,000 ,ooa,ooj Comm^^n stock 1 l.OJO.COO First mort. bunds... ,OUU,000 l.OO'i.COO Bills payable 0^7,528 565.SJ7fi 63,250 Savings fund 56,6-1 Bond iuterest. 16,000 . . Profit and Total 6,612,515 6,512,763 loss. . 15,00u 3f-4,534 205.988 l'6a,s05 1,109,119 .Accounts payable. . liabilities.. 617,515 6,513,763 p. 1237. United Shoe Machinery Co, fReport for Fiscal lear Ending Mar. 1, 19C5.J At the annual meetiug on Monday President Winalow said: '• During the past fiscal year both the domestic and shown a very satisfactory increase. The number tf machines out under lease in this country March 1, 1905, was 43,lb6, being an increase for year of 8,031." foreign buainees has total EABNINQ8 AND DIVIDENDS. 1804-05. Net earningif Earned ou oona. $3,038,352 stock. (2*-7 p. 1903-04. $2,802,792 (205 c.) Dividends paid— On On ooninac n. 8 p. c... P.O.) 1902-03. $2,722,^:11 (19 8 p c.) $i, 606,872 (18-7 p. 0.) 1901-02. $857,648 59G,190 $857,648 .59 f, 190 $3.°,7,648 $357,644 596, l»0 .)06,lS?O Balance, snrplns. $1,584,514 Total Burp. end year. $6,710,000 $l,c4-,954 $5,12f^399 $1,268,493 $3,777,445 $1,153,038 $2,509,825 pielerred, 6 p. 0.. BALANCE SHEET MABCH 19.5. % Auet»— Real estate Machinery Stock In process.. <:ash and Patent : .562,1 67 1,339,(133 2,1-30.872 debts.... 5,021.055 rljjhls 10;.,000 $ 829,823 Total 3I.ft26 $ 1901. s ..20.e67,efi4 20,657.894 lOW.fl90 SfiO.Hie 6,710,914 5.126.3,*9 l,40d.51u Accounts payable. i?urplUB. Depreciation machlnery reserve. 246,:63 232,357 1905. 1904. $ 9,317,893 S 9.214.275 122.000 Materials, etc Gas stove, special. 148,422 103,549 Cash 263,843 13S,891 21,960 AsueU — Plant, etc Total 2i,02S,5«l 26.417,466 CONTROLLED COMPANIES The Boston News Bureau «*y8: "The United Shoe M u* ^ Machinery Co. is now in absolute control of tl e foreign . machinery business as la shoe it id in the .. Accts. receivable. Investuient accts. Ins Ac.pd. In adv. Sinking fund.. .... Total -V. 78, p. 2445. i'45 United States, this country comprising 98 p. c. 33,1?3 9S,600 1,0:h "iV050 615,050 513,634 10,537, 438 10,086,281 1902. $204,428 197,100 $175,655 $189,829 fl07,S28 1906. 1904. $ $ p,ooo,ooo Stock 5.000.000 Bonds 4.250,000 4,087,000 Accts. payable. 54,(104 84,909 Accrued accounts. 39.207 Sinkins: fund accretions 90,050 63,624 Undlv'd profits.... 1,074,177 850,698 Liabilities— Total 10,507,433 10.086,281 GENERAL INVESTMENT NEWS. RAILROADS, INCLUDING STREET ROADS. Altoona & Lfgan Yalley Electric Railway Co. —Culled ffonds.— This company, controlled by the American Railways of Piiiladelphia, has called for redemption on July 1, at 05 and interest, its entire issue of |470,500 divisional 1st TXiortgage 5 p. c. bonds; payment will be made at the First National Biink of Altooca or Cassatt Co,, Philadelphia, Pa, Upon the retirement of these bonds, the i}4 P- c- bonds wUl be a 1st mortgage upon the entire railway system of Aitoona, ttc, and the electric light plant at Tyrone. The -American Railways Co. guarantees the principal and inter'b'. of these 4}4 p. c, bonds.— V. 80, p. 710, 649. American Railways Co., Pliiladelphia.— CaJ/ed Bonds.— See Aitoona & Logan Valley Electric Ry. above.— V. 80, Co p. 2219. Ann Arbor RR.— <Sai3.— See Detroit Toledo & Ironton RR, below.— "'^. 80, p. 1970, 1478. Atchison Topeka & St^nta f e. Rj.—New General Manager. James E. Hurley, previously General Manager of the Eastrn Grand Division, was on May 1 made General Manager of the system.— V. 80, p. 1362, 1057. AUaatie Cosst Electric RR. (Lcng^ BrancU, Etc., N. J.)— /'.?cis;on.— The United States Circuit Court of Appeals at Poiladelphia, on Monday, afiBrmed the decision of Judge Lnnning ordering the foreclosure of the property under the $100,000 general mortgage of 1896. The finding of the lower c nrt, however, nolding that the Asbury Park & Sea Girt RR. stock is subject to the prior lien, in its individual cap>»city of the guaranty co. uuaer the loan by the latter to tb) Atl. Coast Elec. RR,, is revPTJied. Compare V, 79, p. 78->. date of sale has yet been fixdd.— V. 79, p. 1265. No Augu&t.i Soatliein RR.~ B.nd$ Author iz d.—The shareb Iders on June 12 voted to issue $i 00,000 second mortgage b rnds, $40,000, it la said, to fuud floating debt and the remainder for improvements. See V. 80, p. 2219. .KiAltlmore & Otoio RR.— rzwc/iase.— See Washington Count> RR. below.— V. 8^ p. 2343, 1911. New Mortgage.— A goU' Bjjiugor Railway & Electric Bf.iioated mortgage has been madato theGnaranty Trusn Co., N tv York, truistde, to secure Dot exceeding $9,000,COO of 5 gold bonds, of which 1800,000 are ontstfmding. IK iheae bonds are dated April 1, 1905; denomination, $1,000 and SiSOO; principal payable In l»i;5, but Hulgeot.to call at I07ifl at 60 days lOUce; Interust payable Jaly 1 and Jan. 1 at New York and Bangor. OI the authorized isaue $725,000 bonds Is rererved to retire $'>00,000 b >mls of the Public Works Co. and $i2."i,000 bonds of the Bangor Oiono & Old Town. Total length of track, inoludlnR second tra«k and Mdluga, 34-4 nalles. Presldtnt, John R. Graham; Vice Pr( sldent, Frnnk SlUlman Jr Secretary, Geo. T. Sewall; Treasurer, P. D. Oliver. UedliivgtO/n & NeLoa Railway.— aforig^j/e.— Toe shareholders will vote at Kaslo, British Columbia, on June 28, on authorizing a mortgage to The Stock Conversion & Investmeijt Trcst, L'mited, upcn all the railway, »nd undertaking to tnrther secure mortgage bondd for |720,0]0 which have bten already issued, and inter«Bt from O^t. 6, 18J8. Robert Irving is President and W. H. Fortier, Secretary. He— ; 337,13i 28,025.561 2'».417,40'i 1903. $386,943 197,114 BALANCE SHEET, APRIL 30TH. ''.. 1905. Liabilities— Caplfil stock.. 2.617,4fl0 4,349, i<«8 4'JO,OOJ Leased machinery, stock and bonds of other corapa'8.l6,720,(;08 18,476,541 ailncellaneuus 1. 19P4. 1904. $373,534 197,979 & Dividend Balance, surpltis. on pre/. $200,000 def.$i4t>,9l4 373,653 200.000 302,511 200,000 139,867 200,0jO 147,812 200,000 d:bts Interest miic. on bonds. 1905. The income accounts for four years past and the balance sbett April 80, 1904 and 1905, follow: 2l«,6e6 28,044 88,«97 92 interest.. Dlv.May & Stud , 6S*,212 Insurance account. Contingent acct... Sarplus 26,511,512 26,810,410 % 00 17,010,000 T.'iSS,! 00 Oo. Of Connectioat. 04u000 sbe.oio Customers' aep... recelv'le Stores Coke, tar, etc Gas stoves % 17,oco, Bands ontstandlng Cbambly plant. .. Accounts payable. 2 137,8/2 682,000 St. Accouncs Lf abilities— Capital stock 4,000 construction.. 2,65y,127 1£04. 1905. Assets— t $ BtookB, bonds and int. In other cos .2?.23H,C92 2S .02-',7ie Bonds unsold SO. 1904. 1905. & C. Also owns a third interest in the Tubular Rivet Co a very prosperous concern. Compare plan V, 80, p. 1863, 1922. Treasury bonds... Net revenue $1,599,143 $1,345,760 Int. on bonds Sloans. $470,354 $461,746 Dividends paid (4%). 680,000 680,0110 Vol. lxxx. monopoly of the shoe machinery its — June THE CHRONICLE. 17, 1905. j Berkshire KR.—Conaolidation Approved.—The Massa- chueetts Railroad Commission has approved the proposed consolidation.— V. 80, p. 2219. Birmlngbam Sheffl Id & Tennessee Riyer Rj.—Deci ion special jary on the re-trial of the action against the reorganization committee, before Justice Trnax in the Supreme Court in this city on Jane 14, rendered a verdict against the defendants for $336,750. Compare V. 80, p. 710, 677, and remarks on page 2424 of to- day's Chronicle Canada Sonthern Uj.—Ttmnel Planned.— R-speoting the two-mile tnnnel which this company and the Michigan Central are preparing to build under the Detroit River, Treasurer Charles F. Cox on June 8 said: Tlie necessary steps were taken to-day for the formation of the Detroit River Tannel Co,, which will oonstruot the tunnel. This new company will be a consolidation of two companies Incorporated soms years ago, in Michigan and Canada, lor this ssme purpose. We will spend from $8,000,000 to $10,000,000 in putting in th« double tunnel under the Detroit River. The bnildlng of the tunnel will begin about Oct. 1 next, and it will take about three years to complete It. During that time the work of double-tracking the Michigan Central from Chicago to BuAFaIo will be completed. The tunnel will be owned by the Michigan Central and the Canada Southern, and the money for its construction will be obtained by an issue of guaranteed bonds. V. 80, p. —A — The R.iilroad Commission. 4, 1899, and on May 16, 1905, increased its authorized capital stock from $'00,000 to $375,000, all common; par of shares, $100, The charter, as recently amended, permits the company to build from a poiat on Red River, Wilbarger County, Texas, southerly to a connection with the San Antonio Aransas Pa^B RR. at or near Comfort. Grading has been completed from Llano to Fredericksburg, Texas, 48 miles, and is in progress from Abilene to Haskell, Tex., 52m., the present intention being to build the road from Washburn, Tex is, connecting with the Fort Worth Denver City and Atchison Topeka Sdinta Fe and Rock Island, to San Antonio, a distance of 4iJ0 miles. The directors are: Morris R. Locke, President; J. H. Parramore, O. W. Merchant, C. 9. Baes, R. Q. Anderson, F. C. Dlgby Roberts. J. C. Lowdon, J. M. Duogherty and Fred. Cockrell. General olHoes, Abilene, Texas. The San Saba Construction Co,, J. E. Gillespie, Preeident, No. 20 Broad St., Naw York, has the general contract. ing to be made by the Texas company was incorporated Dec. m p. 1174, 998. Carrabelle Tallahassee & Georgia RR —Forecloure.— The Savannah Trust Co. has begun suit in the United States Cir- Northern District of Fiorida to foreclose the mortgage preparatory, no doubt, to the merging of the Alabama.— V. 78, p. 1648. road with the Georgia Fiorida Central of Georgia Uj.— Extensions— Standard Oauging.— An officer of the company writes : The Greenville & Newnan RR. Co. was incorporated in Georgia on May 20, 1805, to build and operate a 25-mile railway from Greenville to Newnan, both In Georgia. The Central of Georgia Ry. Co. expects to build this line, but no formal action has yei been taken; the ijurvey has not been completed. The plan cont^oiplateB broadening the gauge of the narrow-gauge railroad from Columbus, Ga., to Greenville, 49 miles, formerly kaown as the Columbus & Rome RR., and now belonging to Central of Georgia. A contract has also been made by the Tunnel Coal Co. with Meesrs. Redmond & Gsibbett for a branch from our Henry Ellen Spur, near Leeds, Alabama, into the ooal lands of the Tunnel Coal Co., [about lO^a mUes.— V. 80, p. 1110, 221. Charleston & SammerTille Electric Ry., South Carolina. —New Enterpriae— Mortgage. This company, incorporated in South Carolina last February, Its capital stock being 5(100, 030, since increased to |1, 000,000, has made a mortgage to the Kaiokerbocker Trust Co. of New York, trustee, to secure $1,000,000 of 5 p. c. gold bonds of § ,000 each. The road will run from Charleston to Summerville, 25 miles. Construction has begun. The bonds are dated March 1, 1905, and are due April 1. 1935, but subjaot to call on any interest date at 110 and interest; interest payable Got. 1 and April 1 at office of trustee amount outstanding, $750,000 reserved for extension, equipment and Improvements, cuit Court, for the & — & Consolidated Railway, Conneetifut, Etc.- 5 nd^ OJered. —Lee, Higglnson & Co, are offering the $1,000,000 of 'd^ p c. bonds issued for the purchase of the Berkshire Street Ry. (See V. 80, p 471, 221.)-V. 80, p. 1911, 1910. Delaware & Bound Brook RR B Refunding nd — Bids for the $1,800,000 new first mortgage 33^ p. c. bonds, due Aug. 1, 1955, were received on Thursday. This issue, refunding the entire indebtedness, wiil save the Reading, as lessee, |54,0C0 annually.— V. 80, p. 172?. Detroit Southern RR.—Li4iig of Reorganization Certifica^es—The Naw York Stock Exchange has listed engraved voting trust of $6,459,300 preferred stock and stock, with power to list up to $6,500,000 487,000 common, See Detroit Toledo -V. 80, p. 2844, 1971. certificates of deposit for certificates $^, 506, 800 10 the common amount preferred and $10,- & Ironton Ry. bejoisv. & Ironton RR.—N}tes.—The control of the has been sold by Radoiph Kleybolfe & Co. for $5,500,010 to the Detroit Toledo & Ironton. The sellers receive $5,500,000 of the latter comoany's 33^-year 5 per cent aotes of $1,000 each, dated June 1, United States Mortgage & Trust Co., trustee. The notes are secured by 80,000 shares of Ann Arbor preferred stock, 21,900 shares of common stock and $5,000,000 Detroit Toledo & Ironton consol. bonds. The notes may be issued to a further amount of $1, 500,^^00 to acquire the remainder of the Ann Arbor stock. The latter company maintains its identity pending the payment of the notes, the two properties being further allied by a traffic agreement.—V. 80, p. 2399, 2344. Detroit Toledo Aon Arbor RR. & Powhatan (Narrow Gauge) RR.—Sold.— Farmville the foreclosure sale on June 7 the property was bid in for 1125,000 by William M. Habliston (President of National Bank of Virginia and Broad St. Bank, both of Richmond, Va.) and associates.— V. 80, p. 1912, 1234. Georgia Florida & Alabama Ry.— See Carrabelle Tallahassee Georgia RR. above.— V. 80, p. 222. Grand Trank Pacific Ry.— Listed in London,— The London Stock Exchange has listed scrip for £^,230,000 3 p. c. A.t & first mortgage sterling bonds (principal and interest guaranGovernment of the Dominion of Canada). See teed by the ; ; & & 2343. Canadian Northern Hj.—ListeJl in London.— The London Stock Exchange has listed scrip for £1,923,287 first mortgage 8 p. c. debenture stock (principal and interest guaranteed by the Dominion of Cansda).—See V. 80, p. 1284, 1231. Canadi^^n Pacific Ry.— Purchase.— A press dispatch from Victoria, B. C, announces that the purchase by this company of the railroad and lands of the Esquimalt & Nanaimo R7. has been completed. Compare V. 80, p. 996, 710.— V. 80, 2457 V. 80, p. 993, 1234, 1368. $260,C0O. Directors: President, Ogden Edwards of Troy, Ohio; Robert J. Bmlth, Vice-President and General Manager, and George Tupper, Secretary and Treasurer, both of Summerville, S. C; Daniel MUer. Charleston, 8. C; Allen Edwards, MoGuffey, Ohio. Grand Trnnk Riilway Co. of Canada.— Lts^e'd in London, —The London Stock Exchange has listed a further iatue of £155,148 guaranteed 4 per cent stock. See also Grand Trunk Chattanooga Eleetric 'R^,—Merger Not Completed.— lUegoand merger of this company and the Rapid Transit Co. have not been completed, owing, it is said, to the high prices asked by the present owners.— V, 80, Ry. below.—V. 80, p. 1909, 871. Gnayaqnil & (J alto Ry.— Listed in London.—The London Stock Exchange has grantsd quotation to a further issue of fl75,000 6 p. c. first mortgage gold bonds (Nos. 10,206 to p. 1911. 10,380).—V. 79, p. 786. tiations for the purchase & Qnfncy UR.— Payment of Maturing Notice is given by advertisement on another page Bond that the |19,699 0j) consolidated mortgage bonds matured July 1, 1908, and extended to July 1, 1905, will be paid in cash at maturity at the National Bank of Commerce in Nrw Yjik^ or at the company's office in Bcston.— V. 80, p. 1058, 599 Chicago & Eastern Illinois RR,— Called Bonds.— ladiar a Block Coal RR, bonds Nos, 129, 146 and 179, for $500 each, and Nos. 23, 47 and 58, for $1,000 each, will be paid upon presentation at the Farmers' L^an & Tru=t Co., New York, interest ceasing July 1.— V. 80, p. 2398, 2219. Chicago Gt. Western Rj.—New Stock.— AX the special meetlog to be held on Sept. 7 the shareholders will be asked to " authorize an increase in the amount of preferred stock " B from 110,000,000 (19,489,190 issued) to $34,000,000.— V. 8), p. Chicago Barlington . — 2398, 2219. Railway & Light Co.— Consolidation (Teen.) — ClarksTille Mortgage.— This company, formed by the consolidation of the Eltctric Street Railway Co. and the Qaeen City Electric Light and Power Co., which for some time past had been controlled by the same interests, has made a mortgage to the sited States Trust Co. of L'uisvllle, as trustee, to secure $200,000 of 40 year 5 p. c. bonds. The street Railway Co. at last accounts owned 5i« miles of track and bad oatstanding $20,000 capital slock and $29,500 first mortgage 6s (authorlz d lesue $50,000) snbji^ot to call at option of company. President, N. L. Carney; Secretary, Treaiurer and General Manager, U Julian F faclfic Graoey. Colorado Texas & Mexico Rj.-MurtQag'.-The shareholders will meet at Abilene, Tex,, on July 10 to vote on making a mortgage for an amount dependent upon the rul- Hndson Valley R's.—ReaiversMp Sia?/.— Supreme Court Justice John M. K?llogg at Saratoga on June 10 issued an orler arresting execution of the judgment appointing Jarvla f. O'Brien, Receiver, until Justice Henry C. Koliogg, of Piattsburg, who made the original order, shall return from * tr?p to Earope about six weeks hence and review the judg- .aent,— V. 80, p. 2344, 2219. Iowa & Minnesota Rj.— Allied Company. See R.'Cktord Belt Ry. below.— V. 79, p. 103, Indiana Illinois & low&RR.—'^lv Months' Statement.— Earnings for the six months ending June 30 (the figures for Illinois 1905 being partly estimated) were: t) mos. ending Gross June 3}— earnings, lOja t926,28a 838,n55 H»C4 -V. 80, p. 1918, 1303. Indianapolis — St Net earnings, $241,483 l»:?,t8rf Other incom*. §.',507 i,mz Fixed chargei. $l2e,«93 140,418 Dirtdends. Balance, (2S)$100.ilOO shtvIus. $17,277 ao.OOJ a,604 (If.) Martinsville Rapid Transit Co.— Change & in Control. Stone Webster, Boston, confirm the report that they have purchased control of this property. AccofdDg to the "Indianapolis News" it is understood the stock was acquired at 20 cents on the dollar, the purchaser aigo taking a block of the $750,030 bonds. See V. 78, p. 1223. Indianapolis & Northwestern Tractim Co.— Bonds OJer(d — E. H. Roilics & Sons are offering at 98 andiniereet, by advertisement on another page, $1,000,000 first mortgage 5 p. 0, gold bonds; dated March 1, 1903; due March 1,1923; redeemable on any interest date at 110 and interest; trustee, Authorized issue, Koickerbocker Trust Co,, New York. $3,n0O,<"O0; outstanding, $2,470,000; remainder ($530,000) ifcttrrvfed for iiLoprovementa, additions and extensions, at & — THE CHRONICLE 245^ rate rot to exceed $25,000 per mile and not in excess of 75 clrcalar says: p. c. of the actual C09T. Property coDslBta of 87 miles of single track, standard gauge electric railway, ex'.' n ling Irom the city llmltB of ludtanapollp, northweaterly ihrongh Lebanon and Frankfort, to L'»fayette, also directly weat fr; m Lebanon to Crawford-vlUe. The oars are operated to the centre o IndlarapoUs and Lafayette over the lines of th^i local com Road built entirely on private right of way, except within panles corporate limits; track 70-pound T r^ll, well ballasted with erivel. Brick power house and oar barn; 20 vostlbnled oara, 61 feet 6 Inches long, and 4 freight cars. Grades and curves largely eliminated; road compares favorably with trunk line steam railways. CompaTjy operate? under broad and liberal franchises endarlne; for 31 to 50 years, -wh'oh permit the oarrjlng of freight, express and mall In addi- A tion to passengers. The road from Indianapolis to Lafayette, 64 mllea, was placed in operation December, 1903; the nmalnder, 23 miles, Jaly, 1904, although for a considerable time thereafter the road was In the conTh^ earclags for the 12 mooths ending Jane 30, struction s lage. 1905, partly estimated, were, gross, $J62, 828; net. $143,78"; bond Interest, $123,600; balance, surplus, $20,287. For the calendar year 19051t'8]:redloted thatthegross earDlngs will be $43f>,000; for the first five months they were $126,148, against $79,601 In 1904; increase in earnings, 59 p. c; in mileage, 36 p. c. & Co. and Joseph T. Elliott & Sons have fmrchased a block of the bonds and represent this issne in ndianapolis. A map of the system will be foand in onr Street Railway Section.— V. 79, p. 151. Newton Todd [Vol, lxxx. Jiih'is&n Central RR.—Statemint for flaZ/rear.— Earnicgs for the six months ending Jun? 30 ('he figures for 1905 being partly estimated) were; 6 mos. ending Oross eam.ina». $10,676,888 10.465,472 June 30— 1905 1«0J Xet farntnos. f2,152.T54 2,18:J,306 Other income, $14«,V50 19,000 The fixed charges inc'uie rental of V. 80, p. 23!5, 1913. Fixed Di>^i- charges. 8'.8.5-',10'5 1,807,835 Balance surphis. dendn. $374,7«0 $67,i38 374,763 24,711 Canada Southern Ry. Missouri Paciflc Ry.— Ponds.— Eorninris,— See St. Lou:s Iron Mountain Southeri: Ry. below.— V. 80, p. 1235, 1116. & Central & H&dson River RR.— Statement for Half IVar.— Earnings for the quarter and half year ending Jane 30 (partly estimated in 1905) were: New Tork 3 mos. end. June .30 — Net earnings. Oross. earthings, 1905. ...$20,792,600 $6,455,800 1904.... 19,241,349 5,264,914 6 mos,— 1905....$39,235,700 $11,061,800 1904.... 38,472,802 9,394,312 V. 80, p. 1729, 1479. — Other Interest. Balance income. taxes, etc. for dtvs. $1,518,500 $5,510,100 $7,464,200 1,530,775 4,996,254 1,800,434 $3,036,900 $10,987,800 $3,110,900 3,307,603 10,219,088 2,482,732 Dividends of 2)4 p. c. during each 6 mos. call for $3,306,200, leaving balance, deficit, of $195,800 In 1905, against $828,518 in 1904. Reduction of Running Time to Chicago.—^ee Pennsylvania Indian Territory Traction Co., Sontli McAlester.— fie- RR. in V. 80, p. 2399.— V. 80, p. 1729, 1479. ceivership This ccmpany on Jane 8 was placed in the hands New York City Railway— Pcr^^menf of Maturing Bonds,— of Colonel William Busby, as receiver in what are stated to The $1 ,000,000 second mortgage 5 p. c. bonds of the Broadway be friendly proceedings. Liabilities "estimated at only about RR, maturing on July 1 will be paid on that date Surface 150,030."— V. 78, p. 2334. at the Morton Trust Co., No, 38 Nassau St. The coupon due Iiiterborongli Rapid Transit Co.— In Operation to WcM July 1 will be paid as heretofore by the Pacific Bank, 470 and Rector Streets,— The company began operating its ex- Broadway. Kuhn, Loeb & Co. recently purchased $1,284,000 press ttc.inB to the station at Wall and Rector streets on Metropolitan Street Ry. refunding 4s of 2003, the proceeds of Tuesday, The system was cut in two on Sunday by the which will bo used to retire the above-mentioned bonds and bursting of a water pipe near 42dSt.,and for nearly two for other purposes.- V. 79, p. 1264. days thereafter no through trains were run.— V. 80, p. 2399, ^'ew York & Long Islaud Traction Co.— Pwrc/iase Prfce.^ Kansas City Southern Rj.—New Offlcem and r^ce.— Be- The Cleveland papers state that Sanderson & Porter paid sides the new ofiBoers mentioned last week, R. B, Sperry haw $1,450,0C0 for this property, assuming all its obligatlcns. been elected Secretary and Transfer Agent, to succeed The company, which has about 37 miles of track in operaAlexander Millar, and William Coughlln, recently Q-eneral tion, recently gained eutrance to Belmont Park. See page Snp3rintendent of the Denver & Rio Q-rande, has be^n made 778 of Street Railway Section.- V. 80, p. 2345. General Manager. The President's office remains at Kansa-* N€W York New Havrn & Hariford RU.-New Bohdi City, Mo., as herefore, The executive and transfer fficee Offertd.—J, P. Morgan & Co. and Kidder Peabodv & Co. E:e h&ve been removed to 35 Broad St., New York.— V. 80, jointly ( ffering at 106i^ and interest $15,000,000 SO-yea. 4 — ' p. 2344, 1971. Lake Erie & Weetern ^B,.—Statement for Hjlf-Year.— Eirtiings for the six months ending June 30 (partly estimated in 1905) were: Fixed Div'ds on Balance, Oross Net Other 6 mos. end. earns, earnings income, charges, pre/, stock, deficit. Juneso— $ $ $ $ $ $ 1905 .2,277.854 590,472 2,767 498,002 (1%)118,400 23,173 1904 521 463,689 (.%)118,4C0 2,325,228 581,578 -V. 80, p. 1232. Sliore Eloitrlc Jij.—i^ale of Bonds.— Hoyden, Miller Co., Cleveland, have purchased |400,000 of this company's $889,000 outstanding general mortgage 5 p. c. bonds.— V. 80, & Lake p. 17^9, 997. & Micliigan Sontliern Ej.—Statement for flia// Fear.- Earnings for the six months ending June 30 (partly estimated in 1905) were: Lake Siicre 6 mos. end' g Gross earnings. 1905 1904 18,166,097 17,138,246 June 30— From Net earnings, $ $ 4,320,039 4,300,960 Fixed Other income, charg.s, $ 960,000 960,000 2,910,000 2,910,000 $ Balance, for stock. $ 2,370,039 2,360,960 the balance as above were paid dividends amounting to $1,978,660 (4 per cent) in each year, leaving a surplus of $391,879 in 1905, against $372,300 in 1904.— V. 80, p. 1912, 1858. Nm LehiKli Valley RR.—Liitid in For*:.— The New York Stock Exchange has listed $20,100,000 general consolidated mortgage 4 p. o. bonds of 2003— V. 80, p. 1111, 223. Massachusetts Electric Companies. ~ Cabled Bonds.— The American Loan & Trust Co., Boston, will pay on July 1, at 105 and interest, the following first mortgage bonds issued In 1898 by the Lowell Lawrence & Haverhill Street Ry. Co., viz., Noe. 126, 198, 292, 454, 461, 479, 485, 563, 574, 599, 601, 624, 738, 787, 843, 946, 1049. Dividend Question Postponed.—The trustees on May 31 months on the question of resuming dividends on the preferred stock. A trustee is quoted as saying that the board "will declare six months hence whatever is earned. As the preferred stock dividends are cumulative, it is thought there is a possibility of a relurn to a 4 p. c. basis six months hence, with a reasonable certainty of 2 p, c. being paid.— V. 80, p. 2344, 1971. Metropolitan Wtst Side Elevated B.j.-New Officers.— P. D. Sexton, Assistant Secretary and Assistant Treasurer, has been elected Secretary and Treasurer to succeed George Hipginson Jr., who retires from the management.— V. 80, vott d to postpone action for six p. 1424, 1421. Mexican Central Uy.—Stcck Increa8(d,—The company has notice of an increase in its authorized capital stock from filed $47,975,100 to $100,000,000. Those in interest state that the increase is made to bring the authorized capitalization into with the Massachasetts law, but when and under what conditions the new stock will be issued is not announced. The possible retirement of the income bonds as part of a financial plan is thought by some to be one of the objects in contemplation. The increase in the stock was recently author' z 3d by the shareholders. See V. 80, p. 1856, 1479. line p. c. debenture bonds, issued to retire notes created in conjority of the $58,117,932 nection with the purchase of Western Ry. Co. capital stock of the NewYo:k Oatario am The new bonds will be dated July & 1, 1905, and due July 1, 1955. d Trolley Company Offer. d—Sae Conabove.— V. 80, p. 1971, 1363. New Y rk & Ottawa Ry.— Mortgage.— The New York Statt^ Railroarl C »mmi88ion hfis approved the making of a first mortgage for |'*,501,000, of which about $1,500,000 is to pay for Bondi of Ccnti oil solidated Railways the property of the old railroad company S'qaired at foreclosure sale and the remainder for improvements and addi- tions.—V. 80, p. 2320, 223. Westchester & Eoston (Electric) RR.—Ccnstruction iJej^-ns.— Construction at three different places en Division 1, which includes all of the line within city limits, was be^un on June 3, on which date also the first instalment of the underwriting on the $15,000,000 first mortgage 5s was paid to th< Knickerbocker Trust Co.-V. 80, p. 2223, 1913. New York Pennsjlrania RR.—Liiting.—The New York Stock Exchange has authorized the listing of $1,106,650 additional capital stock, $481,903 at once, and the remainder up to June 30 on notice of issue. The new stock is issuable for the $442,650 stock of the 8 onthwest- PenDHylvanla Ry. (total Issue, $1,499,900) not prevlonely owned, has been or will be given in exchange therefor on the basis of $125 of PennsylTania for each S50 share of Southwestern. Therecent Dcqnlsltlons on these terms have Increased the Pennsylvania holdings to $1,057,250, besides which it holds $600,000 of the first mortgage bonds.-V. 80, p. 2399, 2397. Pere Marquette RR.— First Dividends Under Lfase.— The company has declared a semi-annual dividend of 2^ p. c. on its common stock, payable July 3, and the regular semiannual dividend of 2 p. c. on its preferred stock, payable July 1, in both cases to holders of record June 19. These are the first dividends payable under the lease of the road to Dayton. Previous dividends on the Cincinnati Hamilton common stock were : Apr., 1905, 1 p, c; March, 1904, 1 p. c; V. 80, p. 1729, 1059. 1903, 2 p. eri) anfi & c— SoW— At & Lehis^h Talley Traetioa Co.— the foreclosure sale on June 15 the property was bid in for $1,030,000 by William F. Harrity, representing the reorganization committee of the Lehigh Valley Traction Co. See Lehigh Valley Traction Co. In V. 83, p. 2899.- V. 80, p. 1913. Pittsburgh Fort Wayne & Chicago Ry.— Li«^ d,—The New York bcock Exchange has authorized listed $8,341,900 additional guaranteed special stook, making the total listed to date, $34,344,800. Toe proceeds are for improvements and additions, notably for track elevation, $S73,244; second, third, fourth and fifth tracks, $1,056,727; rolling stock, $585,784; real estate and right of way, $807,579; sidetracks, $191,895.— V. 79, p. 2457. Phi'adelphia Pittsburg (Kan. )RR.— Proposed Consolidation.—Th]s company, which recently changed hands, will, we learn, be consolidated with the city lighting companies, and $800,000 new bonds au horized for the following purposes: $125,000 to cover existing street railway bonds, $50,000 to cover present : : June THE CHRONICLE 17, 1905.] light bonds, >3i5,000 to provide for ic: mediate extensions and f 100,000 to remain in treasury. A 10-mile extension is in another entenslon, 10 progress southerly to Weir City miles in length, to Cherokee, Scammon and Qirard is proposed and will probably constructed in 1936. Directors : President and General Manager, Fred H. Pitch Secretary, H. P. Fltdh; Superintendent, Henry Mirrlson. all of Pittsburg, Kan.; Guy M. Walker and M. R. Walker. 15 Wall St., New York. ; ; 2459 Suit Fi!ed.~At S". Louis oi Jane 12 the Mercantile Trust Co. of New York, the mortgage trustee, filed a suit in the Uoited States District Court asking for an accounting of the operation of the road since July 1, 1899, with a view to of obtaining ^h? payment of interest on the $30,000,f debenture bonds "A" aiad "B," -V. Sse V. 80, p. 1480, 1286, 1175. 80, p. 2221, 1914. Wssliington County RR., M&ryli-'-ni. —Baltimore <& Ohio Buys Stick,— The Baltimore & Ohio RR. Co. has purchased from the Commissioners (jf Washington County, Maryland, the $150,000 stock held by the County for ?45,O0O cash. Wisconsin Railroad Commission Law.— Sz7Z Passed.—The & Wlscorsin Senate on June 6 passed the amended Railroad Quebec & Lake St. John Ry,— Listed in London.—The Commission Bill. The bill, which seeks to prevent the impoLoudon Stock Exchange has granted quotation to a further sition of unreasonable rates, was published in full in the Riilissue of £75,000 4 p, c. prior lien bonds of £100 each (Nos. way Age " of June 9, The Sanate killed the Johnson bill pro2,751 to 3,500.).— V. 79, p. 2589. viding for a twc-cent a mile paseenger rate. Raleigh & Cape FtArRR.— Consolidation. —Sqq Raleigh & S)uth Port Ry. in V. 89, p. 2400,-7. 79, p. 2589. Fortlauii (Ore.) Con-olidated (Elctric) %.— aS'jZc?,—The offer to purchase the shares of this company has been accepted by the holders of a sufficient amouut of the $4,000, 00 oats';andlag stock to pass the control to J. <fe W. S3ligm:m & Co.— V, 8), p. 3330. Co. and B. W. Clark ' Rochester Sjracnse & Eastern (Electrie) RR.— iVeto ilfor^ The company has filed a mortgage to the Knickerbocker Trust Co. of New York, as trustee, to secure not gage. — INDUSTRIAL. GAS AND MISCELLANEOUS. Amalgamated Copper Co.— New Director.— B.. H. Rogers exceeding |7,o03,C03 of 5 p. c. gold bonds. Tbeie bonds are dated May 1, 1905, and are due May \, 1945, bat are snbJeoD to call In any amounts at 110 and Interest on May 1, 1915, or any interest day thereafter. Denomination, $1,000; Interest payable May 1 and Nov. 1. Of the authorized amount, $2,000,000 Is to be Issued whea rcqiested by the directors for building and equipping the ilne now In progress between RocheEter, N. Y., and the village of Lyons; $8,000,000 ij reserved to oonstract and equip the line from Lyons to Syraou'^e, but at not exceeding $35,000 per mile of elngle track nor exoet ding at par 75 p. c. of cost and equipment; the re- has been elected a dliector to succeed Frederick P. Olcott, resigned on account of 111 health. Suh Company Statements.— The rather obscure statements filed with the County Assessor at Butte, Mont., are reported as follows maining $2,500,000 Parrot Trenton Butte & Boston reserved to provide for not exceeding 75 c. o. of the cost of other extensions and permanent improvements or acquisi tions of other lines. No 18 construction work, Lyons.— V. it is said, has yet been done East of 80, p. 2845, 601. Rj.—New Enterprise— Mortgage.—This company, an ally of the Illinois Iowa & Minnesota Ry., both having as Presideat H. W. Seaman of Chicago, has calltd a meeting of its stockholders to be held at B3om 369, the Rookery, Chicago, on Aug, 18, to increase the authoriz d capital stock from $100,' 00 to $1,COO,000 and also to approve the making of a mortgage to secure not exceeding $1,000,000 first mortgage bonds. Tae company was incorporated in Illinois last February with authority to build a belt line around Rookford and various lines diverging from that city, one of these to extend to Freeport. See map of Illinois Ijwa & Minnesota, p. 1576, of Railway and Industrial Roc>:ford Belt Section for April, 1905, St. Louis Iroa Mon.itaiu & Sontliern Ry.—rondil.iild. —12,443,000 additional River & Gulf Divisions first mortgage 4 p, c. thirty-year bonds, making total 121,177,000, IS8ITANCB OF $21,177,000 RIVEE GULF DIVISIONS 4 P. C. BONDS. Railroad acquired from St. Louis Valley Ry., inoludiag ferry and teiminal properties (152'2 miles) $7,200,000 Railroad acquired from White River Ry., Memphis Helena LoulBlana Ry. and Mdmphls & Helena & Louisiana RR. .S,089,251 (13206 miles) „ <fc Extensions of said railroads (273-49 miles) 8,874,773 Other extensions and branches (12-91 miles) 240,555 Terminal prorerty at St. Linia, Mo., and Thebes and East St. Louis, 111 458,209 $719,000 first mortgage bonds of Union Railway Co. of Memphis 719,000 Railway equipment covered by mortgage as a direct lien.. 489,143 Ferry facilities covered by mortgage as a direct lien lOP.SS? Earnings.— FoT 3 months ending March 31, 1905, earnings: Gross earnings $4,675,574 Total net income $2,458,533 Net earnings 1,221,923 Charges 1,659,070 Other income 1,236.610 Balance, surplus 899,463 —V. 80, p. 473. St Loais Sonthwestern Uj.—Liit'ng of Bondi,—The New York Stock Exchange has listed $1,500,001) additional consolidated mortgage 4 p. c. bonds of 1932, making a total of |16,678,000, with power to add $118,':00 on notice of issue, making a total of |16,796,C03. Of the additional bonds now listed $386,000 were treasury bonds and |1, 164,000 are part of a block of 11,282,000 issued for the acquisition of outstanding equipment obligations, par value |l,C5S,334, representing the purchase price of 1,0 }0 box cars and 21 locomotives. .Earnings.- For the 9 months ending March 31: Gross. Net. Other inc. 9 mot.— Charges. Bal.,sur. 1904-5... $6,757,242 $2,072,862 $157,137 $1,232,125 $998,874 1903-4,.. 6,014.015 2,145,615 ^ —V. 80, p. 872, 718. Toledo St. Louig & Western RE,.— Stock Certificates Ready July 1.— Notice is given by advertisement that on July 1 the Central Trust Co. will be prepared to deliver certificates for preferred and common stock in exchange for the voting trust certificates.— V. 80, p. 1973. Cudergroaud Eieotric Railways of London.— Lufed in London, The London Stock Exchange has ordered that the following seourities be quoted on the ufficlal list Baker Street & Waterloo Ry. Co.— £500,000 perpetual 4 percent — Speyer Brothers' scrip ccrtlfloates. debenture Charlrg Cross, Eutt^n A Hampstead Ry. Of>.— 8p«yer Brothers scrip certificates (partly paid) for £800.000 4 p. o. perpetual debenture stock. In lien of the stock. Great Northern, Ploadilly & Brompton Ry. Co.— Speyer Brothers' scrip oeriifiaatea (partly paid) for £1,200,000 4 p. c. perpetual debenture stock.-V. 80, p. 1113, 1060. WabHBh RR.— Ab Interest on Debenture ".4."— The direcMonday decided to pay no Interfctt July 1 on Debenture "A" "cads. Six per cent was distributed annually from tors on Jan., 1900, to Jan., 1904, both inclusive, but nothing since Gross income. . — 190 1. Year ending June \— 1905. Boston & Montana..$14,634,923 $12,720,281 Anaconda .... Washoe s 10,761,472 13,787,345 1,449,851 847.421 1,932,837 1,097,018 Total $33,749,395 Total number of tons mined or extracted 233,961 74,832 96,353 328,106 (1) 1,606,497 1,575,628 (%) Net income.—. 1904. 1905. $5,8Sn,680 ?4,574.498 2,259,693 1,259,875 , 7O,U0 178.712 (?) $8,698,241 $6,240,022 3,293,980 2,545,598 The holdings of the Amalgamated Company in the aforesaid properties, it is supposed, would entitle ^t to over 9!) p.c. of the aforesaid net Income (if correctly reported), besides which the company has large outside interests, as stated in V. 80, p. 2891. Rehearing Denied. The Supreme Court of Montana on June 3 denied the application for a rehearing in the Minnie Healey case. See United Copper, V. 80, p. 1496.— V. 80, p, 2394. — American Cottcn Oil 0,0.— Additional D.l>intures,—Th% Stock Exchange has been requested to list an addi- New York tional $2,000,000 of 43^ p. c. debentures, recently sold to replace loans for working capital. This will make the total amount of dtbantures listed $5,000,000.— V. 80, p. 118. — American E cameled Paper Q,9.—Sile Ju'y i^ This company's property at Ellington, Conn., Is advartised for sale under foreclosure of mortgage of July 2, 1900 (Icternatlocal Trust Co. of Boston, trustee), at Ellington on July 12. V. — 75, p. 1088. American Hardware Corporation.- ReaZ Estate Mortgage. This company's subsidiary the Russeil & Erwin Manufacturing Co, has made a real estate mortgage to the Emigrants' Savicgs Bank, covering the property 41-45 Chambers St., New York City; amount $103,000; interest rate 4 p. c. per annum.— V. 80, p. 1113, 1110. American Ice Securities Co.—List (d.—The N. Y. Stock Exchange has listed $5,000,000 of the capital stock and author!z9d the listing of an additional $15,000,000 from time to time when Issued prior to Sept. 1, 19)5, making the total 120,000,000. Of the $3,000,000 new debentures due April 1, 1925, $344,489 remain In the treasury to take up outstanding stock of American Ice Co. Ea-nings—Ol the Amesican Ije Co. (old company): Jear— 1904. $6,942,318 324,258 Gross earnings Net earnings.. V. 80, p. 1730.1237. 1903. $6,785,058 def.8,429 1902. $6,411,253 def.346,362 — American LooomotlTe Co.— To Enter Automobile Field. The company, it is announced, is preparing to establish a plant at Providence for the manufacture of automobiles— at the outset the Berliet (French) touring cars and tlsasure vehicles of 25 and 40 horss power.— V. 80, p. 1730, 1480. — American Screw Co. — InGreasfd LiAdend A quarterly dividend of 1^ p. c. has been declared, payable June 30, to holders of record June 20. This Increases the yearly rate from 4 p. c. to 6 p. c. V. 75, p. 1402. — American Writing Paper Ca.— Listed in Boston.— The Boston Stock Exchange has listed this company's first mortgage sinking fund 5 p. c. gold bonds due July 1, 1919, total authorized issue $17,000,000 000.— V. ; retired by sinking fund, |5T2,- 80, p. 1172, 878. American Snelters Securities Co.- On Unliated.—The Stock Exchange has admitted to quotation on the New York unlisted eheet $30,000,000 cumulative 5 p. c guaranteed preferred stock, Series "B."— V. 80, p. 2221, 1973. Barney & Smith Car Co.— New Directors— Accumulated Dividends.— At the annual meeting on June 6, George B. Cox atd Joseph Rawson of Cincinnati were elected directors to succeed W. J. Lippincott and F. E. Smith. The "Cincinnati Irquirer says A motion was put and carried nnanimonsly Instmotlng the directors to name a ocmmlttee to take up the question of back dlyldends and : : THE CHRONICLE 2460 formnlate a plan lor BettieoQent, the same to be submitted to the Btockhc'lders as soon as poss-lble. It was learned that President J D. Piatt had already coma to the cotclnslon that somethJnK should be done for the preferred stooSholdera, and that he has under way a plan. [YOL. LXXX. City Water Co. <if Ocean Park, company has filwd a certifica'c« amount of |1 50,000. €alif«>rnia. of bonded -Bonds.— This dabt to the Colorado Fael & Iron Co. —J3trecf or R <fign3.~lt is stated Report.— See page 2456.— V. 80, 1237. Bessemer Foundry & Mvichine Co., Pittsburgh.— Boiids.— on apparent authority, though not ofa.ially, that John D. This company, incorporated in February last witta $500,003 Rockefeller Jr. has resigned from the Board of Drector^. Bond Listinj^—See Colorado Industrial Co,, below.— V. 80, au'^horized capiial stock, is said to have been placing an is1726, 1481. p. sue of $150,00? first mortgage 5 p, c. gold bonds to Increase Colorado Industrial. Co.— Authority to Li i.—The Naw the capacity of Its plant at Butler, Pa. Incorporators James York Stock Exchange has authoiriz d the listing from time K, and D. B. Neagley and L. B. McK.^an, all of Pittsburgh. to time up to Dec. 31, 1905, of $7,932,CO0 first mortgage and Boone (lOTva] GtuB Co.— Bonds Offered.— The Milwaukee collateral trust guaranteed 5 p. c. bends, making th» total Trust Co. is offering, at a price to net over 5 p. c, $^2,000 first 124,932,000. Sie V, 80, p. 1425, mortgage 5 p. c. gold bonds. An advertisement says: Con-olidated Cotton D.icfe Co -Progess of Reorg.niziBonds dated June 23, 19C3; Interest payable Jan. 1 and July 1; denomlratlon, $1,000; anthoDz d bond Issue, $150,000. Mr. E. G. H n of Old Jompani'S.— The time for dt posits under the pian Pratt, President (now General Manager of the Milwaukee Gas Light for the consolidation expired J ane 8, the committee havinsj Co). For year ending Deo. 31, 1904, i?ro8S earnings, $24,216; operat- determined to make no further extension. The Continet;!al ing expenses, Inciudlng Insurance and taxes, $15,643; net earnings, Trust Co. of Baltimore, the depositary, announces that |;5, $8,572; interest charKes nn $38,000 of bonds outstandidR at that time, 2,000 bonds are 218,000 out of the $6,000,001 ipcome bonds of the Meant $4,400; net surplus, «l,172. The proceeds of the to be used In ImproYements and enlargements. Capital stock $250,000. VernoD-Woodberry Cjtton Duck Co., or 87 p.c; 52,481 shares Boston Consolidated ©as Co.— Co?? -Zici^fzcn,— The com ot preferred stock out of 27,500 shares, or 82 p. c, and 89,050 pany on June 13 filed Its acceptance of the consolidation Act shares ot common stock out of about 98,000 shares of comand its agreement within twelve months from the date of the mon stock, or 9, p. c. of the Uoited States Cjtton Duck Cjrconsolidation to reduce the price of gas to 80 cents per 1,000 poration, havs assented to the plan.— V. 80 p. 2346, 1915. cubic feet. See Maesaohusetts G-is Companies, V. 80, p. 1974, Congolidated Gas Co. (N. Y.)— Bills Signed— New Commission.— Qo-vkvnov Hlfrgins, having signed the gas bills recently 1482. The properties of the following companies have been taken paseed by the Nsw York Legislature, has appointed as members of the Gas & Electricity Commission James R Sheffield over Bay State Gas Co. of Mass.; Boston Gas Light Co.; Dorchester Gas :>f New Y'ork, Judge B. B. Bhedden of Plattsburg and former Light Co.; Massachusetts Pipe Line Co.; South Boston Gas Light Co.; Attorney-General John C. Davies of Camden, Oaeida County. Jamaica Plains Gas Light Co.; Brookllne Gas L'ght Co.; Rozbury Gas See character of ga3 bills in V. The powers of 80, p. 1858. Light Co. the CommiFslon are stated briefly as follows: The Massachusetts Gas & Electric Light Commiselon has The commission wlH have supervision of all gas and el«ctric-light, been requested to approve a contract with the New Eogland heat and power companies, and may fix the standard of gas furnished, $•:= Gas & (Joke Co,, whereby the latter agrees to deliver as a at its works in Everett, Mass., 8, fi00,000 feet of gas per day of 12 candle power for 14 cents per 1,000 feet, or 23 cents for 18 candle power gas. These prices, It Is stated, are less "than it would cost Boston Consolidated Gas Oo. to make Us own gas with works of standard type properly equipped, suitably situated and of sufficient capacity to makri all the gas reqnlred for the whole district to be suppliea."- V.80, minimum 1974. p. Books ot corporations may be ex&'i a standard of pressure. amined by the commission and comprehensive report* are to be filed by the corporations, which after July 1, 190.5, cannot be organized except with the consent of the oommlssion, nor can they Increase their stock or issue bonds, nor can one corporation transfer or lease as well franchise to another without the consent of the commission. The of a city, tbe trustees of a village or the town board of a town of 100 customers may demand of the commission an investigation as to the price or quality of gas or electric light famished, and the law makes It poseibie for the commission to enforce its orders by mandaits mayor mus. The commission will have an offlae in Albany, one in New York Brooklyn Heights Realty Co.— Decision in Favjr of Share- and one In Baffctlo, and must meet at least once a month at Albany. holders.— JnBtice K «lly in the Supreme Court in Brooklyn on Municipal Lighting Plants.-The city of Nv^w York has May 3 h-mded down a decision in the stockholders' suit hold- purchased for |350,0C0, as a site for its proposed electricing certain of the directors, who h? says are chargeable with lighting plant, the entire block bounded by Avenue A, the knowledge of the wrong-doing, liable for waste of the com- East River, 90th and 91st sts. It has also purchased for pany's property and an accounting to the stockholders, on $200,000 a site for a municlpil-lighting plant on the East the ground that the Vice-President of the corporation pur- River in the Borough of Q leens, at Notfc Ave. and Vernon chased the site of the Pierrepont House, corner of Montagtte Ave. Regarding the latter plant, "Engineering Record" says: and Hicks sts., Brooklyn, from another director for |189,000, This plant is to be used to furnish electricity to light the strf ets, and turned it over at once to the company for $260,000. The doing away with gas lamps entirely, and also to light the bridges, old hotel and ad j ining houses were razed but nothing pubiio parks and city offices. It Is part of the plans to connect the has been done towards the construction of the proposed Hotel Woodrnff,— V. 78, p. 1169. (The) Carpenter Steel Co., Reading, 'Pa.—Reo-ganized.— receiver of the old company was discharged on May 17 and the property turned over to the new company which was organized with $1,200,000 capital stock and $350,oO0 of 5 p. c. bonds per plan in V. 79, p. 2038. The Central Iron & Steel Co., Harrisburg, Pa.— Boni Issue Proposed, The shareholders will vote July 20 on a proposition to issue bonds to the amoun": of $1,500,000, to provide for extensions as needed. The "Iron Trade R -view" says The company is a oonaolidatlou of he Bailey and MoOormlck Interests and has the Paxton furnaces, an open hearth steel plant with four large furnaces, and some of the best known plate mills In Pennsylvania. Its capital stock is $5,000,000, but there is no bonded — to be erected on the line of Av. A That connection, however, Is to be used only in ca«e It is desired to furnish current f .r all the boroughs from f Ither plant. The Long Island City plant is Intended to fumleh lights for the boroughs of Brooklyn and Qaeens. The fuel for the plant will be combustible rubbish, the city having at Its disposal over 100,000 tors plant in In Long Island City with one Manhattan. a year, equal In steam-produolng capacity to 20,003 tons of coal. The Department of Street Cleaning is constructing an wlectrij-lighting plant under the Wiiiiamsburg Bridge on the Manhattan side. It is the intention to use as f oel the comDustible rubbish of the city, as used in the street-cleaning plant at the foot of Wesit 47ih St., Manhattan, for five years past.— V. 80, p. 2346, 2232. : debt.-V. 78, p. 1111. Charleston (111.) (Jas & Electric Co.— Swccessor.— Ste Charleston Illuminating Co,, V. 80, p. 3401.—V. 75, p. 1356. Consumers' Electric Co., Ottawa.— Fwrcftase by City.— The city proper y owners, by a vote of 1883 against 1430, have adopted the propositioa to buy this company's plant. See page 2479, State & City Department.— V. 69, p. 1151. f Indianapolis— S'aZe— The Con!i!ttmer&' GiS Trust Co. « have ordered that sealed bids be 'advertised for, to le opened Sept, 11, for the pipe lines and other property in Chicago Diick & Canal Co.— Mortgage.— A mortgage was ludianapoUs, except bills receivable and a lot corner Illinois recently made to W. A. Jeffriep, trustee, to secure a loan of and 22d Street. See rfficial notice on page xiii of advertise|30O,O0O, payable in 20 annual p'lym^nts of $!5,00!) each be- ments in this issue.— V. 80, p. 2347, 2223. ginning Apr. 1, 1906; interest 4 p. c. per annum. Continental! Coal Co— See Kmawha & Hocking Coal ft The mortBage covers a lot 469x161 ft. at 460 540 Tllinois S'., Chlcaeo, III., 2232. wntcn is to be Improved with a six story and basement brlctt mill CDiislruction Coke Co. in V. 80, p. 2401.— V. 80, p. tijildii:ii: covcniiK 45i xl20 ft., to co^t about ?3 ;U,M>"; also covers 4D0i5J2t> Successor C<.'mpany.— This coma plant Dallas (Tex.) Ga? Co.— It. on h caiio Hivpr, with one story brife warehouse thereon. I'ompanv inthe laws under of Te-xas on June 6 incorporate! was pnny ^^'''^'t" authorized capltil stock is $<,o()0.00', outpiaiidiiK; ',° S?o?'i^« belnif paid at the rate of 8 p. o. per annum quarterly, ! d'Videndsare 1.000,000 authorized capital stock, of which $300, Of is with i, f ^'^ ^'"nds outstanding -l^rjO.OOU 4 p o. and *45,' 00 i\4 p. c. Presi ir J;dent. Eutene H Kinhbnrn Treas., Chas. U. Kicbarde Sec, W. O. Green; 6 p. c. uon-Gumulative preferred (par of shares $100) to take office, 81 Clark St Chicago. over the property of the D dlas Qis & Fuel Co. (V. 71, p. The Ciiy Council of Dtllas hag recently granted the 1.070). Citlzenfe' Gas & Electric Co., Coum il Blaffs -New Mjrt?rjge.—A second mortgage has been made to the American company a 20- year franchise, limiting the price of gas to jan & Trust Co. of Boston, as trustee, to secure $30,000 of $1 35 gross; $!. 25 net. The company agrees to extend and 5 p. c. gold bonds, principal and In'.ereet guaranteed by the improve the plant. A bond issue is contemplated. Directors: Omaha Electric Light & Power Co., whuh owns the entire Henry R. Wilson, Frank Tilford, J. O. O'Connor and H. A. Kahler, all ot New York; J. E. Schneider, K. O. Tenlson, W. G. Breg, Thomas |>'5'J,0C0 capital aluck. Shearon and W. B. Styron of Dallas. the present issue la $115,000, will provide r^^t "®^ bonds, of whichlloa Dallas (Tex.) G.s & Fuel Co.— See Dallas Gas Co. above.— !n>f dtibt and for improvements. IsHue i„. S^njP''^.™^'^'' "^ '^"^ M.?«i, i*w.'^«^^• ^^°^' *^°^ M''i'<^li 1' 1»25, but subj c- to call after V. 71, p. 1070. fr=.JPKi 'a ^l"',****'^*'*°''''°'>™P*"y>l° any amount, at 104; interest D laware River Ferry Co.— Called Bonds —Ten bonds of ^ *°'l March 1 at offl e of trustee. There la a first mort5»^^ ga^e or. .v*?f the Uonnoll Blufi-i Gub Electric Co. Beciiring $250,000 30- 1891 (authorized issue f5tO,C0O) have been called for payment due Nov 1, 1928; also a first mortgage of the on July 1 at 105 and interest at the Provident Life & TruRt rf.wilP." 9, *'"'i^i^°'^^ ^" * E.eotric, Co. seourinf? $160,000 5 p. c. gold bonds Co. of Philadelphia, viz.: Nos. 1, 65,81,102,116,140,149, h'iVrH T^ v^vi, u^*""- .V *^"}i,' ^^'^ *l°e Ja,"- !• 19^6 trustee of fioth Issues, New ^"<"0W Nnw York Trust Co.). The Citizens' !il9, 293 and 427, -V. 77, p. 2283. «^nrt f' ^ ^^^2,*J^''°»'^ Bluffy oorapanids were merged under the laws of New Jer? Denver (Col.) Gas & Electric Co. -Descrtpfion of Plant,— .«Vi^ sey in lirectors t . , '"'.*' *'''^- ; ; , I <fe ; 6 January. 1904.— V. 77, p. 253. Cllizenb' Was, Electric Sc Power Co. Electric Light Co. below. & ectrical World E igineer" of June 3 contains a 5illustrated article regarding this company's plant.— V. 80, p. 1114. The "E -See Nantucket Qis page ; June THE CHRONICLE. 17, 1905.] Detroit Irorn Trade Review" & SteelC«.—P/anf.— See description Jane 1.— V. of la "Iroo 78, p. 2337. Bexter Poitland Cemeat Co.— Neio Bonds.— The ahareholdotj Jane 15 on a proposition to increase the indebtedness from $300,000 to $460,000. Joseph ers will vote at Nizareth, Pa., Brobston, Secr©tary.~V. 72, p. 875. Uomif.ion Ir^iu & Stetl Go.—SaU of Fonds.—The remaining 1 1,0! 0,000 2d mortgage 6 p. c. bonds recently sold were ta&en by some of the directors and friends of the comi.any at 75, the pievions $1,500,000 having been placed at par. Rail Conircct.—The "Iron Age" eays: The Minister ol Railways and Canals haa given an order for 20,000 tons of Bteel rails to the Dominion Iron & Steel Co. Thev are to h» laid en the Intercolonial line and mu6t be delivered b^fo^e ihe close of the current year. If the contracts for a part of the Eastern division of the Qrank Trnnk Pacific are jtivoQ out next autumn, as the Comnjiesioners expect, the Dominion Company's mill will be llkfly to have orders from that quarter as well. The company Is now re.tdy, it is nnd< ratood, to make rills up to the full capacity of Its rail plant.— V. 80, p. 1481, 1425. Eau Claire (Wis.) Sas Light Co.— Bonds Offered.- Ddvitt, Co., Chicago, are offering at par and interest $160,000 first mortgage 5 p. c. gold bonds, dated Aprill, 190^, due April 1, 1925 redeemable after April 1, 1915, at i03 and interest interest payable Oct. 1 and April 1 at the Merchants' Loan Trust Co., trustee, Chicago. Danominations, circular says $500 and |1,000. Capital stock author;z6d, $250,000; issued, $160,000; in treasury, $90,000. Bond issue limited to $250,000; outstanding, $160,000; held in escrow for extensions Issuable at not exceeding 80 p. c. of cost of eame (when net earnings are twice the interest o&arge on bonds issued ana then to be issued), $90,000. For year ending Mar. 3 1, 1905, gross earnings were $34,064 operating expenses (Inciudlng ineuranoe and taxes), $17,904 net earnings, $16,160; interest on outstanding bonds, $>:',000; surplus over Interest, $3,160. Annual sinking fund, beginning with 1911, equal to 2 p. c. of bonds then outstanding. Franchises are perpetual and without unfavorable restrictions. David Douglas, the President and Manager, previously General Superintendent of Minneapolis Gas Light Co., writes under date of April 11 In 1901 the company constructed an entirely new [ooal] gas works, buUalngs of brick and apparatus of most modern type gasometer, capacity 110,000 cu. ft.; generating capacity of works 250,000 on. ft. per day. The distributing system consists of about 19 miles of mains and 1,350 meters in use. Company will lay about 5 miles of additional mains this year, adding aboiu 500 new customers. Gas is sold for both light and fuel at from $1 40 to $1 20 per thousand cable feet, and for maaufactaring parposes in large quantities as low as $ I per thousand cubic feet. Sales of gas for year 1904 were 20,132,500 on. ft. Book value of plants and current assets, $319,305. against which there la outstanding $160,000 first mort. 5 p. c. bonds. Tremble & ; ; & A : ; ; : ; Edigoa Sftult Electric Co., Sault Ste Marie, Mich.— Mortgage,— Th\B company has made a mortgage to the CenTrust Co, of New York, Trustee, to secure $500,000 bonds issuable for improvements and additions. The company began business in 1888, H. T. Danbar, President. Edwards Electric Headlight Co., Lapr>rte, Ini.— Successor tral — This company was incorporated in Indiana on y. 24 with $250,0 JO nuthor'zBd capital stock and took over ha property of tha Edwards Railroad Electric Light Co. ot Cincinnati, which was bid in by M. K, Northam for the Compa'' May -tiCA 52 directora 28 shall be policyholders tf the society selected by or on behalf of the policyholders. 3. Mdiualization.— Trnstees may take any action necessary to tffeot the mutuallzation of the soolety by giving the policyholders the right to elect 28 of the directors. 4. Upon mutuallzation the trnstees shall continue to elect the 24 minority directors In their uncontrolled dieoretloa. 5. Vacancies in the Board.— la case of vacancies in the board of directors "the trusteas may make recommendations to the directors of the society aa to the persons to be elected to fill such vacancies, to the end that the purpoees of this agreement may Qe promptly and eflEeotually accomplished." 6. Action of Trustees Must be Unanuiods.— No vote shall be cast upon eald stock for any purpose except with the unanimous approval of the trustees, bus the trustees may empower any one of their number actually to cast their vote. 7. Vacancies in Board of Trustees shall be filled by the remaining trnstees. Any trustee rr ay resign. 8. Dividends on Stock Deposited shall go to Mr. Ryan. 9. Tbost AGREEMENT TO Continue as Long as Tbusteeb Shall Deem Advisable —This agreement shall continue for the full term years) authorized by New York statues and thereafter as long aa (.'> the trustees shall deem advisable. This agreement may, however, bs terminated by the trustees in their discretion whenever in their opinion its purposes have bean accomplished, or for any reason its termination Is In their opinion advisable. 10. Any Shareholder Mat Deposit his stock under this trust. The trustees in a letter to ihe policy-holders say: "In order that this policy-holding directorship may speedily reach the numerical proportion of the entire board which is contemplated, we have determined at an early date to recommei-d polloy-holtf ers to be elected by the board to fill existing vacancies. We therefore urge policy-holders to at once notify us of their preferences in regard to these vacancies. All oommunlcatlona should be addressed to the trustees at the Equitable Building, No. 120 Broadway, New York City." The Crimmioa committee of policy-holders have unanimously adopted a resolution approving the voting trust, and by circular are urging the policyholders to give it support. It is understood that one of the reforms that will be introduced will be the limiting of the society's investments to practically a savings bank basis -~V. 80, n, 2401, 2347. Farmer»' Co-operative Harvesting flaciilne Co. of Amer Springfield, O.—Neto Plant.—This company has recently completed its plant, 400x60 ft., 3-8tory, for the manufacture of farm machinery, including binders and mowers; also household articles. Authorized capital stock, $500,000. W. M. Whitely writes: ica, Operates on the co-operative plan with the farmers for stockholders. No bonds or preferred stock. There are about 10.000 shareholders at the present time, which will be rapidly increased, averaging about f 100 eich. Uoods are bouvht at a rebate from standard prices, participated in dividends of the company. The works are now in active operation, but to a limited extent of the plan contemplated.— V. 79, p. 2±59. Fisheries Company.--SaZeo/'fZanf.— A controlling interis announced, has been sold to S. A. Tuska, G. R. Tuska and others controlling the Atlantic Fisheries Co. of Virginia. New York office. No. 62 William 8t» The Messrs. Tuska have been elected respectively President and Vice-President, and a new board of directors has been organized. Former President Captain N. B, Church remains on the executive committee and in charge of manufacturing and fishing operations. Half of the $500,000 first mortgage 63, we are informed, have been taken up at par, and the remainder will be retired on July 1. The status of the company otherwise remains unchanged. Report.— The report for the calendar year 1904 showed: est in the capital stock, it bondholders.— V. 80, p, 1733. Edwards Railroad Electric Light Co.— Reorgan zed.— 'See Edwards Electric Headlight Co. abcvo.— V. 80, p, 1782. Total profits. 5977,245, against $1,572,498 In 1903; surplus over all FqnifableLife Assnrnnfe SOiietj.— Majority of Sfoek Sold expenses and charges $48,838, against $493,303. The catch was and to be Trtisttd -Chuirman tdectM-R.iigrtauons Re- 38:«,000 barrels less than In 1903, and the price of domestic fish oil. of ceiv d, — Late on June 9 announcement was made of the fol- which a large amount was carried forward from 1903, fell from 2c I3 cents per gallon to li ^> cents per gallon. lowing important events: . 1. A mnjorlty of the company's $100,000 capital stock haa been purchased from Vioe-Pregident Hyde by Thomas F. Ryan, the purchase "being absolute and free from commitment as to future action." In a letter made public on June 15 Mr. Ryan states that the amount of stock purchased was $50,100; purchase price $?, 500,000. He fur ther explains that he is the sole owner of this stock, and that no other person or interest has contributed or has the right to contribute a single dollar toward ihe purohai^e, the poli.-y-holders previously mentioned in connection with the transaction havinsr aoteaia an advisory capacity. The amount of stock retained by Mr. Hyde la said to be $7,400 or $7,600. 2. The controUlDg interest will be (haa been) placed in the hands of a boa:d of trustees havlcg no c> nnectlon with Wall St. 3. Ihe board of voting iruttees coneista of ex-Presldent Grover Cleveland. Morgan J. O'BrJer, Pretiding Justice of the Appoilate Division of the Suprfme Court, and George Westluj-houee of Plitsbnrgh, President of the Wesiinghouie Elec. & Miiiufaoturlng Co. {Mr. Westlugbouee holds a policy in the company for $100,000; Judge O'Brien for »bout $16O,C0O ] 4. Paul Mortor, Secretary of the N^vy, has been elected Chairman of the board of directors, with plenary powi-r over all the t fflcere and bffalrsof Ihe soolety. To accept this position he relinquishes hisjropcfed connPCil"n with the syndicate which oontemplaies the building of subways in New York Clry as tirjanots to the surface railways. 5. The ie-)gi;atlonB of James *v. Alexander, Preeident; James Hizsn Hjde, Gac« E. Tarbel', Second VlccVic. -Presidenr,; Preeidens George T. Wilson, Thlra Vice President, and William H Molntyre. Fourth Vice-President, have been placed in the h<ind8 of Mr. Morton, am j ct to whatt^ver action he may deem necessary after State Superintendent Francln E. Hendrlofee has made public his report on the investigation of the Equltable'a fciftklre. ABSTRACT OF TKDST AGREEMENT DATED .JUNK 15, 1S05. Parties.— Thomas F. Ryan of the flret part and Grover Cleveland, Morgan J. O'Brien and George Westirghouse (trustees) of aeconi! part. Fbe.oible.— Wtiereas the society has $l0o.0C0 capital stock, of which $50,200 Is owned by Mr. Byan, and t2 directors, of -wh ch la are elected annually; and whereas the plan for the mutna izitlon of the soolety by giving the poUoj-holdws th-i right :o eleat 2S of the directors has hitherto been irevented bv litigation, and whereas it 1 daalred as far as practicable without farther delay to attain the leault sought by such pi»n 1. ; now ther«*tore — Stock Tku&TEBD.~Mr Ryan $50,200 of stfck trarsfers to tfce trustres the purposoH of 'hie agreement. 2. Trcstees to Elect as Majobitv Directorb the Nominees of PoLiCTHi. LDEKs — At every annual election the irustet-s sbail so vote said stock as to elect out of every 13 directors, t> seieoted in their uncontrolled discretion by the trustees and 7 (all polioThciders) i omInated In writing prior to Nov. 1 in eaoh 3 ear by h Hers of policies which have been in force more than one year, to the end that of the lor tiie balance sheet of dec. "Assets. 31, 1904. Factories, real estate, etc., Sl,667,629 patents, good-will, etc., $1,26:',7t<5 office furniture 'and fixtures. §2,761 merchandise on hand, $858,853 bondg purchased, $1,525; cash, |404,9£il; sundry dtblors, 1261,3(4; total, ^3,«52,; ; ; 7t8. SslLiabilities.— Preferred stock, §?,000,000; common stock, $532,767; first mortKage bonds, Siuo.OO'i; sundry creditors, 112,322; reserve fund account, (521,467; profit and loss account, $3-5t>,21i; total, f3,;62,7t28.— V. 75, p. 1149. — Creek l-oal & Iroa Co. S'aZe of Car Trust Bonds, Mercantile Deposit & Trust Co. of Baltimore recently purchased $150,000 43^ p. c. car trust bonds, which are secured by rolliog stocK that actually cost $285, C03. These bonds will be retired $10,000 June 1, 1905, and a like amount annually thereafter.— V. 76, p. 708, 385. Greene Consolidated Copper Co.— Owfpttf.— President W. C. Greene, in a circular dated June 5, gives as follows the production of buUioii, etc , for May, 19C5 [earlier months CJeorge's —The annexed for comparison,— Ed ], and eays: Mar, '05. Mai/, '05. Apr., 'OS. Bullion Feb., '05. Jan., '05. (Ib^.) 5.869,000 4.944,492 (lbs.).. .8,869.000 Not 4,831,596 ^,066, 531 4.834,054 3,250,400 2,99»,«00 5,224,000 Aver, price (cts.). 14-937 reported. 15-369 15-329 15 239 The production of copper for May was 5,869,000 lbs., containing as bl-prodncts 38,970 ounces of silver aad 292 593-1000 ounces of gold. On June 3, 1905, dividend No. 12 of $34'>,t300, being 40 cents per share [par $10], was declared, payable June 20, making an aggregate of $2,f>12,000 in dividends declared. The reduction in the mining tax under the new mining law of Mexico from $i0 to $.; per pertenencla win t fleet a savlUK In the mining tax on the property of $48,000 per annum. The opening of the Dawson coal fields since the acquisition of the El Paso <fe Northeastern properties by Phelps, Dodge & Co., will also probably eflect the saviug of over $200,000 per annum in the cost Copper sold Number Dividend No of fuel. of stockholders, 4,670. 10, paid Feb. 2^, 1905, and No. 11, paid April well as No. 12, now deolar«d payable June 20, were eaoh 40 cents per thare (4 p. c.) so that thus far in 1905, dividend distributions have been made every two mcnihs at the rate of "^i p. c. per annum. No circular was issued in May. Resignation.— Renry Ollesheimer has resigned from th& board of directors of this company, and with E B, Tuatin has also handed in his resignation as director of the G-reene Consolidated Gold Co. and the Greene Consolidated GoldSilver Co.— V. 80, p. 1732, 1481. 20, as : THE CHRONICLE. 24G2 Green' Conio idated Gold Co. —See Greene Consolidated Cjpper Cj. above,— V. 80, p. 1061. Hannawa FaUs Water Power cisscr.—See Northern Co., Potsdam, N. T.— Smc- Power Co. below.— V. 75, p. 1357. Hiiitfyrd (Coan.) Ekctric Light Co.—Nsu> Securities,— This company, which has ontsianding $1,600,000 capital stock and a bond issue of |20 ,000 (opticnal at $100 in December) has obtaiLed authority from the Connecticut L sislature to increase its limit of capital stock issns from $2,OJ0,to |3,000 000. and to COO, the present authoriz d amouuf make a bond issue for 12,000,00 .\ but not to ex.-eed threequarters of paid-up capital stock. The proceeds of the bonds will be used to take up the bond issue optional next D.oember, and to provide for improvements and additions to the property as from time to time required. V. 79, p. 630. , — Hejwood Bros, & Wakefield Qo.—All Accumulated Divi- dends Paid.— This company paid on June 7 a dividend of 2% p. c. on its preferred shares to stock of record of June 1, With this payment the preferred stock ($4,000,000) 1905. has received its full cumulative dividends of 6 p. o. per annum, the next regular semi-annual dividend being payable Sept. 1, In June, 1901, a similar extra dividend of 2^ p. c. was paid, leaving the ansount unpaid %% p. c. as above stated. Common stock, $3,000,000; parof shares, $100. Main cffice, Gardner, Mas?. V. 72, p. 1240. Hudson Iron Co., Secancns. N. J. —Description of Plant,— See " Iron Trade Review" of June 8.— V. 79, p. 639. Imperial Paper Mills, Sturgeon Falls, Osii.—Debentures Offered. -Thv& company, owning paper and pulp mills at Sturgeon Falls, Oat., March 21 offered at par in Londoa £60,000 6 p. c. debentures, being the remainder of an authorized issue of £200,000 debentures of £i00 each. A circular says in part £140,000 of the above Issae of debentures bas already been eabsorlbed (£82,600 having been taken in exohange by the holders of an equivalent amount of 6 p. o. debentures of the Sturgeon Falls Palp Co. Limited). The debentures carry an additional Interest of one per cent per annum so long as any of the prior lien bonds remain unredeemed 'jlnterest payable half yearly on July and Jan 1. The debentures are secured by a mortgage deed of trust (Thomas Oarrltt and David Sinclair, both of London, England, trustees), ana after payment of the prior Hen bonds will constitute a first charge on the property. The debentures will mature at a premium of 5 p. o. on Jan. 1, 1953, but are repayable at same premium at any time previously on six months notice by company; on any distribution of assets upon the reoonstraotlon or amalgamation of the company with another company before Jan. 1, 1953, the debentnies are also repayable at premium of 5 per cent. Nominal capital, $3,000,000, divided Into $1,000,000 7 p. c. preferpreference stock ence stock and $2,000,C00 ordinary stock $500,0 remains unissued. The company has agreed to set aside for the re demption of the £100,000 prior lien bunds, one-half of its net profits after payment of Interest on bonds and debentures Upwards of £200,000 has been spent on the erection of the mills and machinery and the development of the water power and other properties, and the mills are now producing from 45 to 50 tons of paper per day. at which rate of output a net profit of, say £2!^,C0J to £30,000 pet annum should be earned. As the result of various improvements now being made, this output ehould be considerably Increased, with a still greater extension of prcfits. The preeent production of the mills is over-sold at favorable prices, and the »<xtstlDg plant is InsuflBoient to cope with the orders in hand. Secretary and London cffloe, F. Oraham Lloyd. 40 King St., Cheapslde, London, E. O.-V. 78, p. 2014, V. 77. p. 1749. ; Independent Telephone Securities Co.— Change in Control.-Ste Rochester (N. Y.) Telephone Co. in V. 80, p. 2402. —V. International Mercantile Marine Co.— Meeting Postponed. set for June 5 was postponed until June 28.— V. 80, p. 1426, 1000. International Steam Pnmp Co.— New Director.— J. B, HagRin has been elected a director to succeed H. B. Hjilins, resigned.— V. 80, p. 1916. Jackson Iron & Tin Plate Co.—Successor Company.— The Phillips Sheet & Tin Plate Co., it is stated, has been incorporated in W- St Virginia with $200,000 stock to take over the property. See V. 80, p. 1733. Lancaster (Pa.) Electric Light, Heat & Power Co.— Settlemtnt.— The long standing contest for control was ended on May 2, when the following compromise board was elected: W. F. Beyer, George B. Wilson, H. A. Mettfett, Lancaster; G. Searng WUson, J. B. Lewis, W. E. Fritz, Charles H. Burr, Phlladelptiia. Capital stock, $150,000 (or $200,000 ?), on which dividends are eald to have been paid at the rate of 7 p. c. per annum. Bond issue $100,000 of 30 year first mortgage 5s, issued in 1888. Long Island Consolidated Electrical Companies.— lacorpnrated.—ThiB company was icjcorporated at Albany on March 30 with $25,0(0 capital stock, in shares of $100 each, evidently as an adjunct of the Long Inland RR, Co. (Penn- The auEual meeting RR I. XXX. being due to the fact that in the previous year dividends for only six months were received from the Bay State, Boston, Roxbury and South Boston companies. Assumiug the amount received from interest to be the same as in the previous year ($678,286) and the current expenses also to be the same ($20,357), a surplus of $498,495 is estimated as remaining over and above the 4 p. c. dividends (aggregating $1,000,000) on the preferred sto:k, as against $352,060 for the year 1908 04. ConscliJation of SabtidijLries.-iiee Boston Consolidated Gas Co above.— V. 80, p. 1974, 1482. Massillon (0.) Coal Mining Co.— Joint Mortgage.— This the Wheeling & Like Erie Coal Cj. have jointly mortgaged their properties in Summit, Stark and Wayne counties, O., to the Guardian Savings & Trust Co. of Cleveland, trustee, to secure an issue of $160,0j0 bonds. The new bonds are dated Nov. 1, 1904, and mature $8,000 semi- company and annually beginning May 1, 1905; denomination, $l,ooo, gold. Interest 6 p. per annum, payable May 1 and Nov. 1 at offioe of trustee; a first mortgage on the properties of the Wheeling & Lake Erie Coal Mining Oo. and a second mortgage, subjuot to $700,000 outstanding bonds, on property of Massillon Goal Mining Co. Mexican International Improvement Co,— Called Bonds. —This company has called fcr redemption on July 1 $75,000 of its bonds, $37,500 being of the par value of $500 and the remainder par value $100. Said bonds and future coupons will be paid only at the office of the company, Tiburoio Street, No. 6, City of Mexico. E. Berthier is Secretary.— V. 79, p. 2750. Mexican Light & Power Co.— Acquisition.—New Mort- gage.— A from the city of Mexico states that the light and power plants of that city and has paid for the Mexican Q:i3 & Electric Co. $5,000, OOj and for the San Ildefonso Lighting Co. $4,000,000 in stock and $2,000,030 in bonde. Authority, it is stated, will be asked to make an Issue of |20,OCO,000 consolidated 1st mortgage bonds. first mortgage for $12,000,000 was made in 19<j8, of which at last accounts $8,500,000 was outstanding. See V. 76, p. 366.—V. 80, p. 475. this Teresa 6iBT^&toh. company has purchased all A Mexican Oil Corporation, Limited.— Listed in London.— The London Stock Exchange has granted a quotation to this company's capital stock, viz.: Eight shares of £1 each, fully paid, Nos. 1 to 8; and 80,000 shares of £i each, fully paid, Nos. 20,009 to 100,008. Milwaukee Coke & Gas Co.- Important Extension.— The "Iron Age" says that active work has begun on the construction of an addition to the coke plant of 80 new ovens, which are expected to be completed by Jan. 1. "This new battery of ovens will double the capacity of the company, giving it a total of 160 ovens, with a capacity of 1,000 tons of coke a day. The plant will consume 500,000 tons of soft coal per annum. The coal is mined at the company's mines In West Virginia, transported to Toledo by rail, thence to Milwaukee by boat."— V. 79, p. 8460. Mnncle (Ind.) Palp Co.— Mill in Hands of Bondholders.— No adequate bid having been received at the receiver's sale on May 37, the property, it is expected, will pass into the hands of the bondholders, represented by Fred W. Jaeger, 134 Mulberry St., New York.—V. 80, p. 1734. Nantacket (Mass.) Gas & Electric Light Co.— So/d.— This company's property has been sold under foreclosure and transferred to a new corporation, the Citizens' Gas, Electric Power Co. of Nantucket, Mass., organized with $26,000 new stock in $100 shares, but no bonds. President, Sidney Chase of Boston; Treas. and Gan. Mgr,, William F. Codd.— & 80, p. 1733. sylvania [YOT,. V. 60, p. 1838, 1000. New Orleans Brewing Co.— Called Bonis.—The company has called for redemption its entire issue of 5 p. c. gold bonds of 1900, and they will be paid at 105 and interest in New Orleans on June 30 by the Germania Savings Bank & Trust Co. -V. 73, p. 35, New River & Pocahontas Consolidated Coal Co.—Nlw Company. —This company was incorporated in New Jersey on May 25 with $10,010,000 of authorizad capital stock. Incorporators Harry A Berwind, Philadelphia; John E. Berwind. New York City; E J. Strain; S, B. Chase; H. C. MidThe Philadelphia " Ledger " says dle ton. It is the purpose of the company to take over and operate several : : large tracts of West Virginia coal lands which the Berwind- White syndicate recently purchased. The Berwind Interests recently purohastd the West Virginia proiiertles owned by O Lionel W. P. Bend of Cincinnati and the J. L Buery estate of Baei y, V Va. The tracts aggregate about 10.000 acres of valuab e coal lands on the New River and in the Pocahontas regions of the Little Mountain State. New York Air Brake Co —Favorable Deciiion.—Qee WestInghouse Air Brake Co. below. —V. 79, p. 217. New York ) Authorized to construct, extend, repair and Improve and furnish the motive power for railroads and other works, and to aid therein also to acquire the stocks and bonds of any oorporation and issue in ex change therefor its own s'.ocks. Directors and their shareholdings Dunaont Oatk*', 60 nhares, and W.»lter G. Oakman. 60, both of New Y'rk Olty; Thomas Do Wilt (;uy)er. 5D, John P. Green, 50, Samuel Rea, 60, Charles E Pu<;h and 8. M. Provost, of Philadelphia William t. I otter, since deceased, of Flushing, L. I.; Ciiarles E. Aldlson, of iSempstead, L. I. U Matkui Companies.- 4i5prorc(Z. -The shareholdc rs on June p State (Jas Commiifcion —See Consolidated Qm Co. above. ; : ; 15 adopted th-j V. eo, p. 1974. proposed changes in tho deed of trust. See MaBBEchuHelts Gas Cos.— iZtce^p's— Tue " Boston News Bureau " figures that this company's receipts from dividends rortheflecal year ending June 30, 1906, aggregate $810,466, contrasting with $594,081 for the previous year, the difference North American Co.— Purchase.—The purchase of the .ited States G.iS, Coal & Coke Co., etc., has been arranged, and, it is ttated, will be financed by an issue of bonds. The coal output will be greatly increased. Sea V. 80, p. 2349. Northern Power Co., Potsdam, N. Y.—Beorgan'.zei Cominy.-ThiB company has been incorporated with $100,000 H iuawa Falls <apital stock as a reorganization of the Tappen, of Potsdam, Power Co. O. Hdnnawa Co., V. 75, p. 1357. H is Water interested. See Passaic Steel Co. of Paterson.— iVcUJ Fr^* ufji J— Niven McConneil, who was recently elected Vioe-President and General Manager, was on May 25th elected to the presidency, and June THE CHRONICLE. 17, 1905. | already has plans under way for a complete change of the policy and operation of the works. To provide the funds for carrying out Mr. McConnell's ideas, which include Important changes in the arrangement of the mill and the addition of new worbs, the stockholders recently authorized an issue of |1,C00,000 preferred stock. Mr. McConnell Is a practical steel man of wide experience.— V. 80, p. 1368. Piltsbargh Coal Co. (of New 3 eir»6j).— Listed -The New York Stock Exchange has listed $3 576,300 additional preferred stock and |3, 290,400 common stock, making the- total The additional stock has listed $32,000,000 of each class. been sold for the purpose of acquiring further working capital, which will be used in extending the operations of the company, particularly in storing and carrying stocks of coal on the docks of the company located on the Great Lakes. Compare V. 80, p. 1919, 2224. 2463 at Fresno. Two new hydro-electric plants of 3,500 horse-power each are to be built, one being now in progress; these will increase the total capacity, it is stated, to 19,500 horse-power. Extensions to various towns are also projected, The directors, who include several, if not all of the board, are: President, W. G. Kerokhoff; Vice President, A. O. Baloh, K. Cohn, H. W. O'Melveny, Los Angeles, and A. Haas, San Francisco. See V. 76, p. 387. Power Co. San Joaquin Power Co.above.— V. 76, p. 887. -See San Joaquin Light & Power Co., Seattle-Tacoma Power Co.— Loan,— N. W. Harris & Co. confirm the report that they have loaned the company $1,500,000 for the purpose of retiring bonds put out in 1899 and to provide^for floating debt and developing the water power at Snoqualmie Falls, near Seattle. See V. 79, p. 3591. Shawlulgan ff ater & Power Co.— Listed in London.—The Portland (Ore.) General Electric Co.— Bonds Offered.— N. W. Harris & Co., Boston, New York and Chicago, and London Stock Exchange has;iisted]scrip (fully and partly paid) Perry. Coflao & Burr, Boston, are offering at 103>^ and inter- for $2,000,000 5 p. c. consolidated 1st mortgage bonds.— Vo est, $4,C0fi,000 of this company's first mortgage 5 p. c. gold 80, p. 1486, 1179. bonds of $1,000 each, dated Julyl, 1905, due July 1, 1935, Sheridan (Wyo.) Coal Co.— Called Bonds.- Twenty-four optional at 107}4 »°d interest on and after July 1, 1915; in($24,000) mortgage bonds of 1903 have been called for reterest payable Jan. 1 and Julv 1 in New York; United States demotion and will be paid at par and interest at the office of Mortgage & Trust Co., New York, trustee. These bonds are the Union Trust Co,, Chicago, trustee, on July 1, 1905. a firsi and only mortgage. Company incorporated In Nebraska June 5, 1903. Authorized capital stock, President H. W. Goode, writing under date of June 5, says: $1,000,000; par of shares, llOO. Owns ccal mines at Dletz, Wye, Danforth, Mo.. HlgginsvlUe, Mo., and Puller, Kan., all covered by mortgage of 1908. This Organization.— Company organized In 1892 and shortly thereafter mortgage secures $Wo,t 00 of 8 p. c. gold bonds of 11,000 each, due July 1, 1983, acquired the yalnable water power and oanal oonapanles at Oregon City, together with all of the electric light and power companies operating in and about Portland and Oregon City, Ore. Operating under franohlseB nnllmtted in time, it does the entire public and commercial electric light and power business of Portland and surrounding territory, with a present estimated population in excess of 135,000, and in addftlon supplies the city's street railway system with the greater part of its DOwer. Financial Statement.— Capital stock outstanding: Preferred, §1,250,000 common, $2,500,000. Bonded debt 1st mortgage 5s Present issue, $4,000,000 in escrow for permanent improvements, extensions, etc., unaer conservative restrictions, $6,000,000; total bonds authorized, $10,000,000. The escrow bonds may be issued for only 75 p. o. of the cash cost of future permanent improvements and betterments, provided the net earnings for the preceding year were equal to 75 p. o. in excess of the interest charge on all bonds outstanding, together with those proposed to be issued. Eaenings.— The earnings have shown a steady development for many years, the increase in gross for the years 1903 and 1904. being, respectively, l.'S and 23 p.c. over the previous years. For the year ending April 30, 1905, the gross earnings were $741,302; operating expenses and taxes, $320,830; net earnings. $420,412 annual Interest on $4,000,000 bonds, $200,000; surplus, $220,412. The net earnings applicable to bond Interest for the flrst four months of 1905 show an Increase of 41 p. c. over the corresponding period of 1904. Bond Issue.-The bonds are secured by a Hret mortgage on all property, rights and franchises now owned or hereafter acquired; $4,000,000 will be Issued forthwith to retire $2,500,000 first mortgage 6 p. o. bonds (entire Icsnei.to ray for Improvements nownearlng completion, and to retire fl:)atlng debt recently created for extensloiis and improvements to plant. Inventory of Deo. 31, 1904, $.5,968,006, exclusive of the valuable franchises. Sinking fund oommencingMayi, 1915, is to amount to one p. o. per annum on all bonds outstanding. Plant, Franchises, Etc.— The generating plant consists of two principal stations, one located at Oregon City, about 14 miles from Portland, and operated by water power from the falls on the west bank of the Willamette River, and the other a large new steam plant fully equipped with modern steam f nglnes of both vertical and tnr bine type, situated in Portland. Present machinery capacity of the water power plants, 8,600 electric horse power; stenm plants, 10,000 electric horsepower; total, 18,600 electiic horse power. During the last two years the company has expended nearly $1,000,000 in increasing the capacity of Its plants and in the uniftoatlon and Improvement of Its systems. As soon as occasion requires, it is proposed to construct another water power plant on the east bank of the river at Oregon City, of an ultimate capacity of 30,000 horse power. Company owns valuable real estate In Portland and at Oregon City, at the latter point controlling the falls on both sides of the river, together with oanal and looks. The water power privileges, together with tolls from locks and canal, are now earning for the company $95,000 net per annum (exclusive of any allowance for 8,600 electrical horse power for company's own purposes). Franchises are uolimited la time and satisfactory from a business standpoint. Population of city is rapidly Increasing, viz.: In 1890 it was 46,3s5 in 1900 it was 90,426 In 1905, estimated at 125,000. "A large (a controlling) interest in the company is owned by New York capitalists of financial strength and experience in large business enterprises, the local management being both able and aggressive."—V. 79, p. 1268. : : ; ; ; ; ; Procter & Gamble Co.— Exchange of Stock,— The stock transfer books of the old (New Jersey) corporation will be closed permanently at 12 M., June 20, 1905, and the Central S.ife Depo'sit Co. of Cincinnati on July 1, 1905, will Trust issue in exchange for the certificates of deposit properly enGamble dorsed the new certificates of stock In the Procter Co. of Ohio. See notice in advertising columns of last week's & & Chronicle.— V. 80, p. 1916, 665. San Diego Consolidated Gas & Electric Co.— New Company— Mortgage,— ThiB company, which recently succeeded to the property of the San Diego Gas & Electric Lght Co., has authorized the making of a mortgage to the American Trust & Savings Bank of Chicago, trustee, to secure $1,500,000 of 80-year 5 p. c. bonds of $1,000 each, a portiou of which will be used to provide for extension'^ and betterments. H. M. Byllesby Co., New York L'ft Boilding, Oblostgo, it is understood, are interested. Capital stock said to be $1,50J,000. The San Diego Gas & Eleo. Light Co. began operations in 1886. At last accounts it had outstanding $o00,00u stock and $325,000 6 p. c. bonds. Central Trust Co., trustee. San Joaqain Light & Power Co.— Mortgage.— Thu shareholders will vote at the Wilcox Building, Los Angeles, on July 25, on aulhcrlzing an. issue of $3,000,000 bonds. The company was recently Incorporated with $3,000,000 authorized capital stock and took over the plant of the San Joaquin & , but entire issue subject to call at 106 and interest on any Interest period. Sinlttng fund, $24,000 yearly. Interest pavable Jan. 1 and July 1 at office of trustee. No prior liens. President. G. W. Megeath: Secretary, H. Y, Read- Inger; Treasurer, A. P. Whitmore. SloBS-Slielfield Steel & for the three and the six estimated), were: 3 inos. ending Net earnings. 1905 (estimated) 1904 (actual) $428,4Md 273,485 6 mos.— 1904-5 (estimated) ....$783,669 480,914 May 31, Omaba, Neb. Iron Co.— Earnings.—Tixe results months ending May 31, 1905 (May May 31— 1903-4 (actual) Total surplus Office, Preferred dividend. Balance, $60,000 60,000 $114.,000 114,C00 $254,485 104,485 $120,000 120.000 $228,000 228,000 $435,669 132,914 Interest and taxes. surplus. 1905 (estimated), $2,729,730. Director.— 3. N. Wallace has been elected a director to succeed William Strong, deceased.—V. 80, p. 1361, 1366, 1378. Storage Power Co.— 5itif.— William A. Brady has a suit pending before Judge Gildersleeve of the Supreme Court of tbis State against the directors of the company to recover $9, COO which he claims to have invested in purchasing stock of the company, at par, on the strength of a prospectus alleged to have been traucSulently misleading, the stock, according to the plaintiff, having proved to be worthless. The directors deny the truth of tHe allegations. —V. 77, p. 150. Uoited Copper Co.~Favr>rable Decision.-See Amalgamated Copper Co. above.— V. 80, p. 1916, 1486. Uaited Electric Light Co. of Springfield, Mass.— New on Mar. 24, 1905, are allowed iSiocfc.— Stockholders of record to subscribe pro rata to the extent of one-fourth of their holdings to the $200,000 new stock at $160 per share, payable on July 3. This will increase stock to $1,000,000. ail of one Bonds are $200,000 debentures, 5 p. c. int., due 1917; class. interest A. O.— Sae V. 80, p. 2402. & United Shoe Machiuery Corpnration.- See report of United Shoe Machinery Co. on page 2456 —V. 80, p. 1862. United States Mining Co., Vtah.—New Stock.—The shareholders voted on June 14 to increase the capital stock from $12,600,000 to $15,000,000 (par of shares, $25), to provide for "increasing the efficiency of your company, especially in the refining and smelting business connected therewith," through, it Is said, the construction of two new refineries. The company, has recently closed a three-years' contract with the Mammoth Mining Co. of Tintic (V. 79, p. 1268) for the treatment of Its entire output, and, it is stated, hopes late in the year to begin handling thereunder some 15,000,000 pounds per annum. Shareholders of record July 1 are entitled on or before July 15 to subscribe and pay for at par $l,750,C0O of the new stock to the extent of one share for every seven shares now held. I>iuidends.— Two dividends have been paid, viz.: 50 cents a share (2 p. c.) in August, 1904, and the same on Feb. 15, 1905; total to date, $479,200. third dividend of 75 cents per share (3 p. c.) has now been declared, payable July 15 to holders of record July 1.—V. 79, p. 1334. A We United States & Nicarasraa Co.—Status.— were recently favored with the following information: This company, Incorporated In Maine in May, 1903, owns in fee 10,000 square miles of highly mineralized copper, silver and gold lands in iSloaragua. It also contiols (1) by ownership of the entire capital stock the Great Central By. of Nioaragua, which operates a dally steamer service on the Coco River from Port Deltrlok to Klplaplni, 255 miles, and has completed surveys for a railroad from Klssallyah via Pittsburgh at head waters of Washuk River, etc., 120 miles, construction to begin this fall; also (2) controls American Mining Co. aod New York & Nicaragua Co. Authorized capital stock $20,000,000, all of one class, outstanding $10,000,000, par of shares $100. A mortgage covering the 10,000 square miles of mineral lands is being drawn to secure an issue of $10,000,000 6 p. 0. 20 year gold bonds, with sinking fund pro-.lslon after the 6th year; interest to be payable at office of trustee, probably Standard Trust Co. of New York. OlHoors, M. K. Salebury, President. Pittsburgh, Pa.; Secretary and Treasurer, \Vm. M. Bees. The Great Central Ry. has no bonds or mortgage; Us President is Robert Pitnalrn, PltteourKh, Pa. See statement in ofllolal guide. Qeu.-ral (Hloea, Farmers' Bank Building. Pittsburgh. Pa., and Park Bow Building. New York. See aleo V. 76, p. Iil2.-V.' tiO, p. 1082. , 3 THE CHRONICLE. 2464 Tiiited States Babber Co.— PZan Operative.—The plan for acquiribg control of the Rubber Goods Manufacturing Co. has been declarpd operative, 176,247 shares (over 70 p. c ) of the stock of the Manufacturing Company having assented. See V. 80, p. 1977, 2325. [Vol. lxxx. ^b^ ®0mmercial jinxes* i*w>^>^*.wrf^^^iif>^^^0<»<V COMMERCIAL EPITOME United States Steel Corporation.— CaJied Bonds.- On Fbidat Night, June 16, 1906. July 1 there will be paid at the Fidelitv Title & Trust Co. in Seasonable weather conditions have been reported frcm Pittsburgh $100,0C0 bonds of the H. C. Fxick Coke Co. drawn practically all sections of the country and this has served to for redemption at 105 and interest.— V. »0, p. 1923, 1788. stimulate, to some extent, business with jobbers and retailers. United Water ii&s & Electric Co., Sedalia, Mo.—Sale.— The placing of new orders with marufacturers and dealers, A press dispatch from Sedalia states that this company has however, has continued to lack spirit, the usual summer been sold by Horace Ramsey and Joseph Clark of St. Louis dulness beginning to show itself In a number of lines, and to B. 8. Whaley o f Boston and other lEastern capitalists for buyers also have been showing a tendency to keep their purabout $700,000. "It is understood that the Sedalia Gas Co. chases well within current wants. A noteworthy exception property, controlled by Col. Green of St. Louis, will also be to this general rule has been found in the cotton-goods trade, taken by the new company, which will then have control of where business has been reported brisk, and buyers are exSee periencing much difficulty in obtaining supplies as rapidly as all public utilities except the steam-heating plant." V. 78, p. 2606, 2390. desired. The demand for pig iron has continued light, and prices have been sagging. Tiie monthly report of the GdvEarnings ^uarfcr/j/.TTestern Union Telegraph Co.(partly estimated) for the quarter and the twelve months ernment's Agricultural Bureau foreshadowed good yields from the growing grain crops. ending June 80 were: Lard on the spot has continued to meet with a light sale» Ntt Inlerett Balaiice, en d'g Dividend$ mot. 3 surplut. revenue. charge. paid. June 30— both exporters and refiners being slow buyers, but as offer1905 (est.) $1,760,000 $3SM0O $1,217,031 $201,679 ings have been small prices have been well maintained. The 293,223 1904 (aotoal) 1.802.792 292,550 1.217.019 close was quiet at 7-25c. for prime Western and 6 75 for prime j2 months. — 1904-6 (est.) $7,237,058 $1,227,200 $4,868,083 $1,141,775 City. Refined lard bas been dull but steady, closing at 7*853, 1903-4 (aotaal) 7.887.474 1.157.700 4.888,070 1.861,704 Total surplus (estimated) June 80, 1&05, was $16,023,203.— V. 80, p. 1427, 1062. Wefctinghonse Air Brake Co.—Netc O^ers— The following officers have been elected Bat. as Fourth Vice-Preeldent; R. F. Emery, Seoretary and Assistant Treasurer; E. A. Craig, Auditor and Assistant Saoretary. Decidon.—The United States Circuit Court of Appeals on Monday, Judge Wallace writing the opinion, reversed the decision of the lower court, which awarded the company damages against the New York Air Brake Co. for infringement of patent covering the emergency valve of the Westinghouse automatic air brake. The Court of Appeals holds that the valve is merely an attachment and that only nominal damages should have been granted. Compare V. 79, p, 217. 79, p. 1265. Westinghonse Electric & Mannfdctaring Co.— New Executire.— E. M. Herr, for seven years Vice-Presideat and General Manager of the Westinghonse Air Brake Co. was recently elected First Vice-President and Chief Executive under the PreeiJent. It is said that the works at East Pittsbargb have never in the history of the company been so busy with the construction of electric railway apparatus as at present.— V. 80, p. 1487, 1374. Wilkesbarre Gas &, Electric Co.—Listid in PMladtlphii,— The Philadelphia Stock Exchange has listed $1,498,500 cap ital Btock (par of shares $100, full paid), and $1,020,090 consolidated mortgage 5 p. c. gold bonds. Sea V. 80, p. 226. Ekiri inga.-The earnings for the three months ending March 31, 1905, compared with combined ent companies for the Period. results of constituyears, were : Net. Oharget. Surplut. $87,078 $27,506 $9,560 138,348 55,071 73.172 95.376 53,660 42,728 two preceding calendar Qross. 3 mos. end. March 31, 1905.... $72,842 267,278 Calendar year 1901 Calendar year 1903 224,951 —See V. DAII.T CLOSIHO FBIOEB : A. L. Humphreys, who has been Western Manager, with headqaarters at Cbloago, as General Manasrer to enoceed E. M. Herr. resigned, the latter remaining a director; John F. Miller (who was Seoretary) —V. for refined for the Continent. Speculation in lard for future delivery has been quiet, but prices have been advanced slightly on support from packers. The close was quiet. 80, p. 226. Jnlydel'y Sept. del'y Oct. delivery 7-23i« 7-42i« 7-42»« OF LABD FnTUBBB Mon. 7-36 745 .... VS 0HICA.OO. Thurt. Fri. 7-22i« 7-27i« 7-30 7-42i« 7'47i» 7-50 7*45 7'52ifl 760 Wed. Tuet. 7-22ia 7-42>* .... A dull market has been reported for pork, but prices have held fairly steady, closing at $13 25® 13 75 for mess, $13® Cut meats 15 for short clear and |15 00@16 50 for family. have been in moderate demand and firmer for pickled bellies, closing at 5^@6c. for pickled shoulders, 7?^@9i^c. for pickled bellies, 16@10 lbs. average, and 10@103^c. for pickled hams. Beef has continued dull ,with prices quoted at |10 for mess, $11 50@12 50 for packet, |12 5l'@13 50 for family and $19@25 50 for extra India mess in tcs. Tallow has been steadier, closing with sellers holdStearines have been quiet but steady ing for 45^0. stearine. at 8c. for lard stearine and 7>^c. for oleo Cotton-seed oil has been active at lower prices, closing at 28@283^c. for prime yellow. Butter has declined under free offerings, but the close was firmer at 16J^@*03^o. for creamery. Cheese has been quiet but prices have been well maintained, closing at 8>|@9;^c. for State factory, full cream. Fresh eggs have been in full supply; prices for desirable grades have held steady, closing at 17@18c. for best Western. Brazil grades of coffee have continued in light demand, but there has been a steadier tone, re fl acting firmer advices from European markets. The close was firm at l%o, for Rio No. 7 and 83.^@8J^o. for Santos No. 4. West India growths have been quiet, but receipts have been small and prices have held steady at 9@9.^c. for pood Cucuta and lC?4@llc. for good average Bogota. East India growths have been dull. Speculation in the market for contracts has been moderately active and prices have advanced on buying by European inThe close was terests and by local shorts to cover contracts. fairly active and higher. Following were the closing asked prices : Jane...._ 6*40s. Bept 6-65o. I Deo 6-95o. 6*75o. Jan „^. 7'OOo. 6'45c. Oct and West End Ave., having Joly... Berkeley School, 72d 7-10o.. 6*85o. March 6"55o. Nov Aug had a successful year, announces the appointment as head sugars have been more freely offered and prices have Raw master of Edward C. Durfee of Philadelphia, a Willian^s declined, closing at 4J^c. for centrifugals, 96-deg. test, and graduate and a teacher of large experience. Mr. Darfee suc8%c. for muhoovado, 89-deg. test. The demand tor refined ceeds W. W. Smith, who has been called to the presidency of sugar has continued disappointing; prices have been unCoe College, Cedar Rapids, Iowa, Pepper has been fairly changed at 5'65c. for granulated. — F. W. Mason & Co. of No. 53 State St.,'.Bo3ton, Mass.. an- active and firm. Renewed activity has been reported in the nounce the admission of George W. Field to the firm. Mr. rice market and prices have advanced. Teas have been dull. Field has been associated with the banklog house for some Business in the market for Kentucky tobacco has been time past. The name of the firm continues as heretofore and moderately active, and sales made have been at full values. the same line of securities, miscellaneous stocks and bonds, Offerings of seed-leaf tobacco have been small, and the few will be dealt in. sales made have been at firm prices. Buyers are now waitMessrs. Mf yer & Kiser, bankers of Indianapolis, have ing for new-crop supplies, which are expected to come on the Sumatra tobacoo has had a fair issued the 19U6 edition of their "Hand-Book on Indianapolis market in September. Securities " In very neat and concise form this book gives sale despite the high prices ruling. Havana tobacco has valuable information concerning the banks, trust companies, been in fab: demand and firm. street railways and industrial corporations of Indianapolis. The demand for Straits tin has been quiet, but as Londonhave been stronger, prices have been firmer and the advices J. 8. Baohe & Co.'s bond department has issued a circular list of investment bonds. The list covers an unusually close was at 80-80® 30-60c. Ingot copper has had only a wide field, embracing, in addition to steam railroads and limited sale, but prices have been steady at 15c. for both Lake other domestic securities, several issues of foreign govern- and electrolytic. Lead has been quiet and unchanged at 450@4-60c. Spelter has held steady at 6'35c. The demand ment and railroad bonds. has been quiet and prices have weakened to —The old- established Philadelphia banking-house of Sailer for 7fpig iron for No. 2 Northern and |15 75@16 CO for No. 2 76 @18 $16 & Stevenson moved this week to its new building on the corner Southern. of Chestnut and Third streets. The firm has been located for Refined petrcUum has been in fair demand and steady, a great many years at No. 88 South Third St. closing at 6-SOc. in bbls., 9'60c. In oases and 4c. in bulk. —The " Investors' Manual " for 1905, recently Issued by the Naphtha has been steady at lie. for 71 degrees and lie. for Economist Publishing Go. of Chicago, is a valuable ocmpila- 76 degrees. Credit balances have been steady, closing at tion treating with much detail the Becnrltles peonliar to Spirits of turpentine has been quiet ana easier, closl-27c. the Chicago market, and briefly of others. ing at 62o. for machine bbls. Roeins have been easier, but — Pfaelzer ScGo. are offering Pittsburgh Bessemer & Lnke closed firmer at |8 CO for common and good strained. Hops Erie first mortgage 5 per cent bond". A special circular will have bad a moderate sale at slightly lower prices. Woo^ Lie u nt on a|<pl)cation. has baen firmly held. —The — — St. I . June THE CHKONICLE. 17, 1905.J COT T O .?^ Fbidat Night, June 16, The Movement of the Chop as indicated by onr 1905. telegramt: from the South to-night is given below. For the week ending this evening the total receipts have reached 78,546 bales, against 101,681 bales last week and 130,814 bales the previous week, making the total reoelpto since the 1st of Sept., 1904, 9,266,383 bales, against 7,022,618 bales for the same period of 1908-4, showins; an increase since Sep.l, 1904, of 2,248,718 bales. at— SeeeiptM Sat. Mon. I Tuet. I Wai. I Thurs. 2,397 HewOrleanB... 2,700 3,595 4,115 4,458 2,949 1,949 3,048 1,920 261 687 220 143 354 47 2,173 1,671 4,014 5,164 1,192 1,210 6,106 4,831 2,272 Penaaeola, Ae. Savannah Total. Iri. I GalTeston. Pt.Artliar,&o MobUe 4,134 21.689 3,048 19,732 1,712 5,164 11,579 1,988 325 503 12 6 52 224 174 63 160 96 749 1,466 BTorfolk 1,144 492 1.985 768 1,115 ETp'tNeira.Ae. New York. 1.267 1,648 6,771 1,648 •*• ••• 314 239 43 66 62 62 43 733 Broniw'k, &e — 979 W»Bli'ton,Ae. BoBton Baltimore Tol thlB 1,986 8 1,986 8 Fblladelp'a,Ae week 9,9101 16.0541 78,546 9,538 12,1931 16.6321 14,220 The following shows the week's total receipts, the total since 8ept, 1, 1904, and the stooks to-night, compared with last year. 1903-04. 1904-05. BeuiptM to June 16 ThU IhU BinuSep. votek. 1. Since Sep. 1. 1903. week. 1904. Galveaton... Ft.Ar.,&c. Stock. 21,689 2,596,108 3.048 284.449 New Orleans 19,732 2,633,039 HobUe 1,712 307.196 Feaeola, *o. 5,164 192,462 Bayannah... 11,579 1,638,207 1,988 192,366 Br'wlok, Ac. Cbarleston.. 979 211,412 897 P. Royal, Ac. WUmlngton. 1,466 352,927 122 Waeli'n, Ac. Norfolk 6.771 701,831 24,179 N'portN.,&e 1,648 32,009 43 New York... 74,383 738 BOBton 59.037 Baltimore.. 1,986 12,712 PUladel.&o. 8 2,192 2.331,555 100,929 6,251 1,951,667 7 196,935 53 133.677 3,093 1,130,267 120,760 317 164,818 1.282 21 821,125 78,5469,266,336 Totals In order that at— GalTBB'n, &e. New Orleans MobUe Bayannah... Ohas'ton, Ao. Wllm'ton, dko Norfolk N. News, Ac. All others... lot this wk. 96,716 766 103,326 116.018 17,142 802 7,948 8,997 8,271 30,920 9,600 482 27,764 2,442 468,361 21,070 16.623 1,636 124 62,883 3,676 29,761 14,042 140,617 3,611 4,262 2.480 13,504 7,022,618 421,748 227,996 608 99 46 51 29,89.^ 1908. 1904. 5,369 8,719 2,192 6,261 7 3,093 979 317 1,466 6.771 1,648 9,922 21 2 766 1,064 other years, 1901. 2,243 7.024 41 6,376 42 889 636 8i8 for six seasons. 1902. 24,737 19.732 1,712 11,879 78,546 8.664 ...... a comparison may be made with 1906. 1904. 336 we give below the totals at leading ports Receipts 1905. 1900. 15,792 21,672 3,774 1,111 13,604 17,772 18,648 50,060 16,507 for the week ending this evening reach a total of 12\,139 bales, of which 57.343 were to Great Britain, 10,^34 to France and 58,363 to the rest of the Continent, Below are the exports for the week and since Sept. 1, 1904, Brit'n. Qalreston Conti- lotal nent. Wtek. Frcmet 6,593 3,693 18,902 35,869 Pt.Arthur. Ao. NewOrleani.. Mobile PeniMola. &o. SaTannah Bnmiwlok.... June Exported to— Eioportedto— Great 8,199 9.588 ...... 14,506 3.350 17,767 17.858 63,250 106,382 275.394 3,370 PortHoyal.... 108,1(3 Norfolk....... 600 ••••• 6G0 909 166 2,213 6,698 989 NewTork 4.319 Boston 4,e55 4.8E6 Saltlmore..., 4,280 i^ZSO PhUa^alphla.. 1,712 7,877 fto.. Total.. Total. 1903-Ci*. lOoe Total. 64 5,904 2,C 98,662 101,103 162,488 879,890 2,261.839 67,326 163.903 62,4 ih 183.419 837,276 1,214,159 6,946 164,253 74,617 77,89J 43.327 19.689 61,489 „ 7;800 i'ico 1 Qev- many. Other OoattFor'gn wite. 7,112 4.122 ttoek. Total. 1,163 2.077 3^.669 29,224 400 400 i'.2d6 13,750 17,600 11.500 8,000 129,017 21,074 Total 1905.. 48.0S9 11,798 19,584 14,282 22.440 116,143 308,605 Total 1904.. Total 1908.. 11.432 11.002 12.030 189.026 836,213 7,084 5,198 .. 67,657 66,492 7,548 Oharleston... WobUe HoTtoVk »ew York.... Other ports . 3.350 17,600 7^000 6,000 500 s'.ooo i".bo6 2,000 1,000 6.183 4,381 6,571 2,317 3.271 3,392 10,1!'4 88.969 20.465 3.731 1,727 Speculation in cotton for future delivery has bean fairly active. Outside interests, however, have done comparatively little in the market, most of the trading being for the account of promiceat operators. It is understood that one large trader who recently was on the bear side of the market switched, covering his short contracts, and has since accumulated a considerable long interest. This buying served to bring about a fair advance in prices, as it also brought other shorts into the market to cover contracts. Tbe weekly crop report of the Government's Weather Bureau, issued on Tuesday, had some influence in favor of the market, as it did not show the improvement in the condition of the crop that many of the trade had expected. The private reports received from the South have reported weatner conditions during the week favorable for the growing crop, and at the close advices were reported received stating that in Alabama and in some sections of Texas the crop was further advanced than at this time last year. The demand for spot cotton has been reported as only very moderate, and there was some talk beard that at the higher prices a few selling orders against their surplus stocks of cotton had been received from spinners. To-day the market opened firmer on support from bull interests, but duting the day, due to the continued favorable weather reports, there developed an easier tone and prices reacted. The close was steady at a net loss in prices for the day of 4 to 10 points. Cotton on the spot has advanced, closing at 9'16c. for middling uplands. The rates on and off middling, as established Nov. 18, 1903, by the Revision Committee, at which grades other than middling may be delivered on contract, are as follows. Fair ..0. 1-30 on Good Middling Tinged . . o. Even 0*96 on Strict MlddUng Tinged.... 006 off Middling Fair 0*62 on Middling Tinged Strict Good Middling 012 off 0*44 on Strict Low Mid. Tinged ... 034 off Good Middling Strict Low Middling 014 off Low Middling Tinged 0-60 off 0-38 off Strict Good Ord. Tinged .. 0-84 off Low Middling 0-72 off Middling Stained Strict Good Ordinary 0-50 off 1-00 off Strict Low Mid. Stained... 1 06 off Gtood Ordinary Strict Good Mid. Tinged.. 0-30 on Low Middling Stained 1-50 off On this basis the official prices for a few of the grades for the past week— June 10 to June 16—would be as follows. UPLANDS. Sat. Low Middling.. 7-70 8-32 8-70 870 gflddllng Fair.. IMW Middling.. men 7-95 8-57 7-96 8-87 8-96 »-39 9-91 Sat. SUddllng Low Middling Tinged.. Gtood Middling Tinged 8*90 9-34 Sat. 8 70 7-20 8-20 8-36 8-70 810 «-72 9 10 »-64 986 991 10-06 Tnea \red Th. Frl. 8"15 877 915 a'69 8-20 8-82 8-35 8-40 8 97 902 9-20 9-64 935 9 40 9-79 984 1011 1016 lC-31 1036 Mon Tnea 7-20 8-20 8 36 ITcd TM. Vrl. 7-95 8-57 8-95 »-39 852 914 966 991 Low Bliddllng........^ 7-90 »-14 9-66 8-95 9 39 STAINED. Striet mon Tnea 7-70 8-32 7-40 8*40 8-56 8-90 DTcd TM. Frl. 7-45 8-45 8-61 8-95 7-60 8'60 8-76 910 7-65 8 65 8-81 9*16 The quotations for middling upland at New York on June 16 for each of the past 82 years have been as follows. 1889....o.llie 1906....C. 9'15 1897. ...0. 7\ 1881....c.lllia 12*00 1896 1904 1888 lOiSie 1880 12 7% im 12-40 1887 12>« 1895 73,8 1879 Ill* 9ifl 1894 1886 1878 :5^a 1885 1893 8iig 1877 lUi 10»ia 12i« 1892 1884 ll»,e 1876 -JTia 1891 1883 1875 16»4 108ig 87ig 17''8 1882 1890 12\ 1874 123ig NOTB.—On Oct 1,1874, grades of cotton as qnoted were changed. According to the new olasslfloatlon Middling was on that day quoted ^c. lower etaan Middling of the old olaBsifloatlon. 1903 1902 1901 1900 1899 1898 93s 838 9ii6 e&ie 69i« MARKET AND SALES. .... WUmlngton... Ban Pran., 16. Continent. Prance 147,307 Charleiton.... N'port N.. &o.. 1904. to 9.291 1,195,3*7 257,411 61,355 44.770 1,088,774 348.175 5,184 5,164 Qrtat Britain. 5.698 4.200 Middling aood Middling. Middling Fair.. 5,529 The exports from— 14.612 13,627 Geod Ordinary. Binee Bept 1 9266,336 7022,618 7563.574 7347,965 7264,527 6896,769 Mwporti Sew Orleans. Galveston.. .. 699 218 3,603 1, Leaving Oreat Britain Ffnee GULF. 218 3,714 2.106 B«vt. i 782 116 49 1,656 from ON JHTPBOARD, NOT CLBABBD FOB— June 16 at— Middling Gkx>d Middling, 857 16, 190S. & aood Ordinary. 82 Week Endint June We 3.080 6,034 282 113 80S 941 2465 In addition to above exports, our telegrams to-night also give us the following amounts of cotton on shipboard, not cleared, at the ports named. add similar figures for New York, which are prepared for our special use by Messrs. Lambert Barrows, Produce Exchange Building. iayannah.. 1,819 1,988 81 Oharleiton Ft. Royal, &e. Wilmington.... . 67,343 9,?00 ]e,83t 7,277 227 19.179 3 3,930 159,783 120,497 65.537 • •^ 9.354 ii.lie 169,046 836.808 8,83> 22,578 100 89,164 2.27fc 21.653 819,538 65?,953 104.280 162,318 .... . 4.074 14,4'17 87,147 . 4.481 889,129 .. ,59,968 .289,4^9 53.588 121.139 8,738.464 773.039 3,450,051 7,.9ai.554 1 28.022' 87,228 8,446.670 686,321 2.66S,«6o 5,788,191 Spot Mabkbt Olosbd. iSatnrday . Qttlet...... Monday.... ymet..... rneeday... ^olet. 30 ptB. ad Wednesday Quiet, 5 ptB. alv. Thursday.. Qalet.l5pts.ad. FUTtTBBS Mabeet Closed. Export. €ont. dt spec. Very steady steady steady Firm .,..,. & Oontbaot. Contract. • .... 2l'5 • ,.. Total. 25 25 rtteady ...... Friday..,,. (4alet,5pta.adV' steady "Total Sales or Spot • •'• '215 ••1 • 4>'*~ 116 ....... .... 355 366 . . THE CHRONICLE. 2466 FoTUEES,— Highest, loweat and p.* ly: «; '?»: 2»»; K?*; 2?': f?*: T^?*; New York. closing prices at l=f. B^: At the Inteeiob Towns OOGD QD 0000 0000 coto c;<a^ I ODhS ! ^ I I CC I ocoo 091 00 00 l-'OD 00 0000 0300 0900 00 00 COlO' COCO to ocoo § OOOD ODOO I c;< oow OD ODOO 0 05 ^1 OOOO ocoo CO! OS© ^ OOX ODOO 00 1 oaoo •? 1 OOOO oo OOOO CO <ic;i 00 05 wo COD , ^ 1 OB o 1 ©o; OOOO 00 00 & COOO CnOi 1 ® ODOO cow -J If 00 00 OOOO ODOO ©cc cnip. t3l(>' 00*3 tscc OCCO 00 OOOO OOOO OOi^ ooo too OOOO OOOD CO© CO© COC35 O)t0 ©o ©M OOOO coco OOOO COOO ©1 ll oo 05 05 1 Si oco COCO 1 OOOO OOOD oco COO) SI coco ©o oo oo , OOOO co«a 1 CX) s 1 ocoo oono >J00 00 <» OOOO COCO CO l-O ©© ©CO ©OO ©Ol ooo ©CD © © © 6 I 1 © If © If en © o © © If o If © 6 1*9 © © O ! o OOOO #>eo MOO I 6 o I © o © © *l to © M §> id © © ob 00 Visible Supply of Cotton cable and telegraph, is as follows. o W to to 1 *=?l' MS CO* - ©CO »© ' » Wl-* to M to «i ^^ i^ t* i^i^i^i^ 5*!^; i^ If O ^1 *l ^1 ^ IM ,f *? 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ODOO , obi 1 oo ©o 05 If CO OOOO COCO ©CO 1 OOOO ODOO ae-4 ODOO 00 OOOD COl^ ODOO Cuib. CM , 1 OOCC A05 coco OOOD coo> I 0000 00 t»(35 fOtO QOQO 05O5 ^ ! OOOO cow c»cii 03 QOOl ^ oco oco 00 00 0000 to to the ?*; ODOO cou< I op op ! OOOO coco 00 00 Vol. lxxx. the receipts for the week and since Sept. 1, the shipments for the week and the stocks to-night, and the same items for the corresponding period of 1903-04— is set out in detail below. o ODOO Cots I o o *^ to; --,._ If O ©'MMCn ©i-'©Mto; ififtO : "co; © ©cji; ©©• © «• O made up by ! ; • • MOOCn©' OtOM tOM wciaOMWOt m; toi-tow ,,..„.„ W, ©, ©»©0<M ©< h-©ObOM ©r-'if ^If C30W©0C;iO' op o CR ' ot^'o' ©o: ; ' : • ' ! © p« J^pww^","*.*' f^ 5* Pfi' fS^fi^ c;>©w©©"©'if ©Okooif oo'to©c;<if ooww coMwoM toH'MCwW'-o M©«oMHOic;t©Mif If ©oocooaoif HMtOar-OOOMf-lf tOlf f-t0^'W©O<lf tOOtnW-JtOlf o o" Otol to-night, as Foreign stocks, as well The above totals show that the interior stocks have deas the afloat, are this week's returns, and consequently all oreaaed during the week 21,814 bales, and are to-night 12n,996 foreign figures are brought down to Thursday evening, bales more than same period last year. The receipts at all the But to make the total the complete figures for to-night towns have been 41,622 bales more than same week last year. (June 16), we add the item of exports from the United States, and Since Sept. 1.— Overland Movement fob the including in it the exports of Friday only. overland movement the showing 1902. statement 1903. a below 1904. We give 1905. 538,000 676,000 908,000 for the week and since Sept. 1, as made up from telegraphic 8tookat£<l'«'«ipaoi..»«,L.!s»lei. 811,000 12,000 11.000 10,000 13,000 .^^,^.. Btook at JLiOndiOB The results for the week ending reports Friday night. 64,000 43,000 55.000 ^, Btook at Manchester. -^ in the last two years are as follows. 1 Sept, since and June 16 Total Great Britain atook. 879,000 691,000~ 640,000' 920,000 18.000 21,000 23.000 Hauittujg ^™., 14.000 at Btook 1903-04. 1904-05. 327,000 197,000 226,000 129,000 .-..«r Btook at Bremen ,. 5,000 6,000 4,000 ,..=-«^. 1.000 Aa»-W6rp.»..^... June 16. Stock at Since Since 147,000 142,000 166,000 Week. Week. „,...«.„. 105,000 Btook at Ha«?ie Sept. 1. Sept. 1. 3,000 3,000 3,000 3.000 MasrscUl8B..^..,» ». Block at 50,000 21,000 30,000 28,000 „..., Btook at Barcelona 7,000 Shipped— 45,000 36,000 51,000 ... Btook at Genoa 928 501.204 5,967 578,056 VlaSt. Lonis 6,000 12,000 15,000 5,000 Btook at Trlents . .«»«. 249.749 .-.. 1,047 3,317 320,638 Via Cairo 13,648 483,000 360,000 317 50.307 Via Rock Island Total Clontlnental stocks..' 534,000 464.000 "'245 118,011 96,214 l;30l VlaLotasvine Total European Btook8....1,413.000 1,055,000 1,120,000 1,280,000 322 81,604 481 55,562 Via Olnoinnatl 109,000 87,000 146,000 151.000 India cotton miiofci iot jk^urope 284 194,404 7,642 321,561 Via other rentes, Ac. 95,000 88,000 73,000 Amer. cotton afeaatlor S'rope. 375,000 32,000 18,000 25.000 24.000 •Egypt, BrazU.&o., am.for E'pe 2,826 1,108,620 19,025 1,422,338 Total gross overland 89.000 38,000 Btook In AJexandria, Egypt... 150.000 126.000 Deduct shipments Stock In Bombay, In<).l»...«»— 916,000 503.000 699,000 495,000 90,221 804 2,770 178,141 Overland to N. Y., Boston, Ac. 365,655 Btook In United Statee portn... 424,748 227,996 265,668 30,807 31,030 186 Between Interior towns 55,430 135,982 Btook In a. a. interior tonrnc. 250,895 129.899 "539 96,352 620 54,247 Inland, &o., from Sonth 8.527 4,092 17,214 28,661 United States oxpor Sa »o-rtay 2.610.164 2.429.190 2,3O3,103 3,669,a04 216,380 Total Visible supply 1,343 3,576 263,418 Total to be deducted. Ol the above, totals ol Ajmer).oan »ina otner QCBorlptiona are as louo ws: 892,240 1.483 16,449 1,158,920 Leaving total net overland* 786,000 .baiai. 787.000 410,000 476,000 Liverpool staek.... * Including movement by rail to Canada. 48,000 36,000 44,000 Manchester stock.. The foregoing shows that the week's net overland movement 502,000 S.*) 0,000 392,000 s'iS'doo QonUuental stooks, 95.000 this year has been 15,449 bales, against 1,483 bales for the 88.000 78,000 375.000 Ikmerloan afloat tor JEnrope. 424,748 227,«95 255,668 365,665 week in 1904, and that for the season to date the aggregate net ..^. United Stalies stock 55.430 136,982 United atateslnterlor stooks 250,895 129,899 8,527 overland exhibits an increase over a year ago of 286,680 bales. 4,092 17,214 28.661 DalteA statestizpor tis to-(l «y 1,703,164 1,319,190 1,244,108 xotal Amenoan..«>.« ..^ 2,362304 1903-04. 1904-06. Matt Iimdian, Brazil, As.— Sight and Spinners' In 123,000 99,000 128,000 74,000 LiTtrpool stook......^.. ,......,.. Since Since Takings. 12,000 11,000 Week. 10,000 13,000 Week. liOndoB stock _......_ Sept. 1. Sept. 1. 6,000 7,000 11,000 Manchester stock........ ...... 48,000 83,000 32.000 114.000 Uontinental 8tooxfl.._ .._ 78,546 9,266,336 13,504 7,022,618 161.000 109,000 Receipts at ports to June 16..... 15,449 1,158,920 87,000 146,000 India anoat tor Knrope . ...^.^ 892,240 1,483 .. NAt nvArland to June 16 32,000 18,000 25,000 21,000 CTPtf Biaall, Ao. , nflo At Southern consumption June 16.. 44,000 1,756,000 42,000 1.713,000 89,000 38,000 126,000 160,000 Alexandria, Itoek In Egypt... toflk in Bombay, iTvdla...^....., 916.000 503,000 699,000 495,000 Total marketed................ 137,995 12181256 56,98" 9,627,858 907.000 Tntftrinr RtookA in 6X06SB...». .... *21,814 189,235 •8,145 118,297 1.307,000 1.05^,000 1,110,000 xotal KbHC indta, *»«- ,„, Total AioeTlean. . .._. .... 2.562,304 1,24 4,108 1,319,190 1,703,1 6 4 48,842 Came Into sight during week. 116,181 3,669.304 2,303.108 2,429,190 2,610,164 Total visible snppxy 9,746,155 12370491 4^9g2d. Total in sight June 16 6-78d. 4 83d. 6-38d, Middling Upland, LlverpuoJ. 12-400. 9 HO. 9i5e. 11-70C. Hlddllnir Xfpivaa, Ne-w Yorli.. 3.867 2,057,.?36 101 5, Bd. 7i>«j'l. 7»l,6d. 7»fld. North, spinners' tak'gs to June 16 12,303 2.111.397 gypt Good Broim.Ll v«irpooi ~* Decrease during week. 7rt 10-50d. 8 75d. ieira*.KonKhat".d,I.iv»Tpool 10-80d. Thb ! Week — . — . .. Broaoh yice, Llvorpooj....... Tlnnfivelly (ioo^i. .•J'*orpool iSiftd. 4ifld 6i«a. 6d. 4iiifld. 65^ld. 5ei«d. 4^d. (Continental Imports past week have oeen 108,000 bales. ti^ureb for 1905 show a decrease from last week of P8,975 oales, t. gain of 1,806,196 bales over 1904, an exoe?« of 1,240,114 tialap over 1903 and a gain of 1,059,140 bales over 190i^. The above Movement into sight in previous years. Week— June 1902— June 1901— June 1900— June 1903 Sales. 19 20 21 22 ., 40.241 45,900 60,722 39,528 Since Sept. 1- Bales. 10 36K,096 1902-03- June 19 9. 993. -528 1901-02— June 20 9 904,686 1900-01— June 21 1899-00— June 22....... 8. 778.968 . June THE CHRONICLE 17, 1905.1 Quotations foe Middling Cotton at Othee Maekets.— Below axe closing quotations of middling cotton at Southern and other principal cotton markets for each day of the week. • OLOSma QUOTATIONS FOB HIDDUMa COTTOM ON— Week ending June 16. Sat'Oav. Monday. Tuaday Wed'day. Thund'y Friday. Galveston... New Orleans 808 Sig 85,8 8»8 85ie 838 8^4 8J4 81s Si'ia 8^ 811ft 8^8 8% 8Jfl 8% 8H 9 9 9 89l6 8i3ie 8\ 9ie 2467 — Han Antomo, Texas. There has been no rain the past week. The thermometer has averaged 83, the highest being 96 and the lowest 70. Weatherfovd, Texas. Rain has fallen during the week to the extent of one inch aad four hundredths, on four days. The thermometer has averaged 82, ranging from 65 to 98. Shreveport, Louisiana.— There has been but a trace of rain the past week. The thermometer has ranged from 70 to 96, — aver aiding 84. New Orleans, Louisiana.— It has rained on two days during 8ifl 8 8^ 8H the week, the rainfall reaching one inch and twenty-three 8J« 8I2 838 8H hundredths. Average thermometer 83. 8^^ 8»8 8% 8^ 8'e 8-70 8-70 8-70 Leland, Mississippz.-We have had rain during the week to 890 895 910 8-75 8-62 8-75 8-88 8-88 9 00 Baltimore... the extent of fort3?-eight hundredths of an inch. The ther9-35 8-95 8-95 9-15 9-20 9-40 Pblladelph'a mometer has averaged 77*4, ranging from 62 to 90. 858 834 8^8 8ifl 9 Angnsta 89i6 Vieksburg, Mississippi, Weather has been favorable for 9 9ie 889 Memphis..., 8^ 85t 81a 8S8 8«»8 8»8 813,6 89,6 9 St. LoDi8...„ work, but rain is now needed. There has been rain on three 8ifl 8iSie 813,8 8iiia 815,6 Houston 8^ days of the week, the precipitation being forty-seven hun8ie 8 Ldttle Rock.. 8 8 8H 8H! dredths of an inch. The thermometer has ranged from 71 to The closing quotations to-day (Friday) at other important 93, averaging 81. Southern markets were as follows. Helena, Arkansas. Farmers are making good progress Louisville..... Atlanta 9^ Natchez - SiSifl with work. Crops are improving but need rain. We have S'^a Raleigh Montgomery.. 8^ Columbus, Ga . had rain on one day of the week. The precipitation reached 8ifl Nashville...... Shreveport.. Coin iTi bus, Miss 8 ^4 four hundredths of an inch. The thermometer has averaged New Orleans C)ption Market.--The highest, lo\vest and 85, the highest being 95 and the lowest 67. closing quotations for leading options in the New Orleans Little Rock, Arkansas. are having ideal weather. cotton market the past week have been as follows. Crops are generally clean and greatly improved. Good showers in neighborhood, Rain has fallen on two days of the Sat'day, Mondav, Tuesday, Wed'dav, Thursd'y Frxday. June 10 June 12. June 13. June 14 June 15. June 16 week, the rainfall being fifty-four hundredths of an inch. The thermometer has averaged 80, ranging from 69 to 93. July— Montgomery, Alabama.— AM crops are reported as doing 8-36--49 8-35--53 8-28--59 8-50--67 8-57--98 8-82-99 Range There has been rain on one day of the week, the rainwell. 8-58--59 -94 8-90- 865-66 8-93 Closing.. 8-48- 49 8-35--3C fall being one inch and seventy-one hundredths. The therAugust— — _ — 8-30--48 8-23--47 8-43--62 8-59--88 8-78--91 mometer has averaged 80, ranging from 66 to 95. Range Closing.. 8-39--41 8-28--30 8-52--54 8"60-'62 8-86--88 8-82- Mobile, Alabama.— Weather in the interior very favorable, Sept.— with beneficial rains latter part of week. Cotton is generally — — _ 8-63--81 --33 8-19--48 8-72--75 8-34 Range . Closing.. 8-34--35 8-25--27 8-49--51 8-56-'58 8-78--79 8-75--77 in good condition and rapid progress is being made with culOCTOB'Ktivation. Rain has fallen on one day during the week, to an 8-23--33 8-25--40 8-17--46 8-37--53 8-46--82 8-68--84 Range inappreciable extent, The thermometer has averaged 82, 8-25--26 8-45--46 8-75--76 851--52 8-338-73-74 Closing.. ranging from 70 to 92. Dec'ber— 8-27--39 8-29--45 8'22--51 8-42-58 8-49--86 8-72--89 Range Memphis, Tennessee.— Fine weather for cultivation. The Closing.. 8-38--39 8-29-30 3-50-51 8-55- 56 8SO--81 8-77--78 condition of cotton has improved, but a good general rain is roNB— needed. First bloom received on the 14th from Sanflower Firm. Firm. Steady. Firm. Firm. Steady. Spot Firm. Firm. Steady. Steady. Steady. County, Mississippi, six days ahead of last year and one day Steady Options. later than average. have had rain on two days during Weather Repobts by Teleoraph.— Our telegraphic re- the week, to the extent of fourteen hundredths of an inch, ports from the Soutia this eveaiag Indicate that as a rule the heavier in the immediate vicinity. The thermometer has weather has been favorable tne past week. Cultivation has ranged from 65*7 to 91 '2, averaging 79'2. made good progress generally and further improvement in Nashville, Tennessee, Rain has fallen excessively during the condition of the crop is reported by many of our cor- the week, the rainfall being two inches and seventy-six hunrespondents. The rainfall has been light as a rule and in dredths. Average thermometer 80, highest 93 and lowest 66. some districts moisture is said to be needed. Selma, .4Zabama,— Crops are being cleared of grass. Rain Galveston, Texas. Weather in Texas very favorable for has fallen on two days during the week, the rainfall reaching farm work and much progress has been made. Some locali- one Inch and twenty-five hundredths. The thermometer have had no has ranged from 75 to 95, averaging 85. ties report the appearance of boll-weevils. rain the past week. The thermometer has averaged 83, the Madison, Florida,— RdtXn has fallen on three days of the highest being 88 and the lowest 17. week, the rainfall being two inches. Average thermometer Abilene, Ttxas.—We have bad rain on two days the past 75, highest 96 and lowest 60. week, to the extent of sixty-eight hundredths of an inch. The Smyrna, Oeorgia,— Weather has been very dry and crops thermometer has averaged 81, ranging from 64 to 98. are cow needing rain. We have had rain on two days durhave had no rain during the week. ing the week, the rainfall being twenty- four hundredths of Brenham, Texas. The thermometer has ranged from 69 to 94, averaging 82. an inch. The thermometer has ranged from 63 to 93, averCorpus Christi, Texas There has been no rain the past ing 77. week. Average thermometer 80, highest 90, lowest 74, Savannah^ Georgia, have had rain on one day the Cuero, Texas. There has been no ram during the week. past week, to the extent of nine hundredths of an inch. The The thermometer has averaged 84, the highest being 98 and thermometer has averaged 77, ranging from 65 to 90. the lowest 70. Charleston, South Carolina.— There has been rain the past Dallas, Teaja«.-- Rain has fallen on two days of the week, week, to the extent of fifty-one hundredths of an inch, on the rainfall being thirty hundredths of an inch. The ther- two days. Average thermometer 76, highest 83, lowest 66. mometer has averaged 83, ranging from 69 to 97. Oreenwood, South Carolina.— There has been no rain durFort Worth, Texas— Raia has fallen on three days during ing the week. The thermometer has averaged 76, the highthe week, the rainfall reaching eighty-two hundredths of an est being 88 and the lowest 64. iach. The thermometer has ranged from 66 to 94, averaging StatSurg, South Caroltna. Very refreshing rain has 80. fallen on one day of the week, the rainfall being thirty-seven Henrietta, Tcajas.— Rain has fallen on three days of the hundredths of an inch; but more moisture will Eoon be week, the rainfall being one inch and ninety-six hundredths. needed. The thermometer has averaged 77, ranging from 58 Average thermometer 81, highest 97 and lowest 64, to 96. Huntsville, Texas.— We have had no rain during the week. Charlotte, North Carolina, The past week conditions have The thermometer has averaged 83, the highest being 98 and been ideal. There has been rain on one day, the precipitathe lowest 68. tion being twenty-eight hundredths of an inch. The therKerrville, Texas' There has been rain on one day of the mometer has ranged trotn 59 to 93, averaging 76. past week, to the extent of sixty-four hundredths of an inch. The following statement we have also received by telegraph, The tht.rmom»-ter has averaged 78, ranging from 68 to 92. showing the height of the rivers at the points named, at Lavipasas, Texas.— Theve has been heavy rain on two days 8 A. M. June 16, 1905, and June 17, 1904. during the week, the precipitation being three inches and The thermometer has ranged from 66 to fifty hundredths. June 16, '05. June 17, '04. Mobile...... Savannah... Charleston Wilmington. Norfolk Boston She 838 8^2 8i3ie — — —We . . . . We — — We — We — —We — — — — averaging 81. Longview, Tea;a».— Rainfall for the week ninety-six hundredths of an iuch, on two days. Average thermometer 85, highest 99 and lowest 71. LuUng, Texas. We have had no rain during the week. The thermometer has averaged 83, the highest being 94 and the lowest 70, Nagodoches, Texas.— We have had a trace of rain on one day of the week. The thermometer has averaged 81, ranging from 68 to 94. Rain has fallen on two days of the week, FcUestir^e, Ttxas, the rainfall being twenty-two hundredths of an inch. The thermometer has ranged from 70 to 92, averaging 81. Faris, Texas. There has been rain on three days of the past week, the rainfall reaching thirty hundredths of an inch, Average thermom eter 82, highest 95 and lowest 69. 96, — — — New Orleans Above zero of gauge. Above zero of gauge. Above zero of gauge. Above zero of gauge. Above zero of gauge. Memphis Nashville Shreveport Vloksburg India Cotton Feet. Feet. 15-2 13-2 23-2 147 7-9 4-9 31-4 36-5 193 37-2 Movement from all Poets.— The receipts of cotton at Bombay and the shipments from all India ports for the week ending June 15 and^for the season from Sept, 1 to June 15 for three years have been as follows. 1904-05. SeeeiptM at— Week. Bombay 1* Since Sept. 1. 60,000 2,454,000 1908-04. Week. Since Sept. 1. 31,000 2,021,000 1902-03. Week. Since Sept. 1. 41,000 2,324,000 - : : THE CHRONICLE. 2468 For Since September the Week. 1. Exports from— Continent. Great Britain. Bombay— * 1904-05.. 1903-04.. 1902-03.. Calcutta 1904-05.. 1903-04.. 1902-03.. Total. Great Britain. Continent. 318,000 836,000 791,000 337,000 923.000 864,000 3,000 4,000 31.000 37,000 34,000 33,000 40,000 38,000 3,000 10,000 6,000 13,000 30,000 12,000 16.000 40,000 18,000 32'ob6 10,000 1,000 32,000 19,000 92,000 73,000 3,000 1,000 1,000 3,000 1,000 1,000 i',006 2,606 10,000 i'obo Total. 2,0c Madras1904-05.. 1903-04.. 1902-03.. i"6o6 • <•• All others— 1904-05.. 1903-04.. 1902-03.. s'boo Total all1904-05.. 1903-04.. 5,000 1902-03.. * Estimated. •• 11,000 15,000 5.000 11,000 18,000 5,000 24.000 17.000 38,000 24,000 22,000 38,000 183.000 238.000 146,000 175,000 226,000 129,000 8,000 12.000 17,000 569,000 32,000 537,000 117,000 1.129.000 1,246,000 100.000 966.000 1,066.000 [Vol. lxxx. These reports are snmmarized by the Crop Division aa follows The weather oondltiODS tbronghoat nearly the whole of the cotton belt have been favorable for the oaltlvatlon of cotton, althoagh a considerable part of the crop continues grassy. A general, though not decided, Improvement In the condition of cotton In the central and western districts la Indicate J, bat In the OaroUnaa and Tennessee cotton ba? made b1 jw progress and In the first mentioned States the plants are small and of anhealthy color. In portions of the central and eastern districts of the cotton-belt light rains woald be beneficial. In the northern and central counties of Texas prospects are Improved, though still poor in localities; In Southern Texas the crop Is In good condition and an Improvement In localities Is reported. BoU-weeylls are active over Increased area. Jute Butts, Bagging, &c.— There has been no activity bagging during the week under review, and prices are UEcbaoged at 6f^c. for 1^ lbs. and QJi'^- ^^^ ^ ^^s., stan- in jute dard grades. Jute Dntts sttli dull at l>j|@l^c. for paper quality and 2@2J.4C. for bagging quality. EuBOPEAN Cotton Consumption to June 1.— By cable we have Mr. EJllison's cotton figures brought down to to-day June We revised totals for last year that be made. The spinners' takings in acttial bales and pounds have been as follows: 1. comparison give also may Alkxandeia Receipts and Shipments op Cotton.— Through arrangements we made with Messrs. ChoremI, Benachi & Co., of Alexandria, we now receive a weekly Get. 1 to June 1. cable of the movements of cotton at Alexandria. Egypt. For 1904-05. The following are the receipts and shipments for the past week and for the corresponding week of the previous Takings by spinners... bales Average weight of bales.lbs two vears. Great Britain Continent. Total. 2.732,000 4,021,000 6,753.000 498-7 491 Takings In pounds.......... 1,393,320,000 1,974,311,000 3.367.631.000 Alexandria, Mgypt, June 14 1904-05. 200 16.000 6,182.171 1. Since week. Sept. 1. ThU Since week. Sept. 1. 3,500 20B,687 143,402 s'obo 294,740 600 67.747 2,750 223,1 =!8 131.843 2'6"o6 325,880 500 49,435 5,091 200,291 142,974 3,746 305,552 1,731 80,271 teeek. Sept. 12,100 712,576 Total exports 1,500 5,738,475 6,453,102 Since This To Liverpool To Manchester To Continent To America...... For 1903-04, Takings by spinners. bales 2,155,000 4,157,000 6,313,000 486-6 Average weight of bales.lbs 477 606 Takings In pounds 1,088.275.000 1.932.889.000 3.071,164.000 . . Reeeiptt (oantare*)— This week............ Since Sept. 1 Mxportt (bales)— 1902-03. 1903-04. ThU 5,250 730,346 10,568 729.088 A oantar Is 98 lbs. Manchester Market.— Our * report received by cable to-night from Manchester states that the market continues quiet for yarns and firm for shirtings. Manufacturers are generally well und^r contrxt. give the prices for to-day below and leave those for previous weeks of this and According to the above, the average weight of the deliveries is 510 pounds per bale this season, against 505 pounds during the same time last season, The Continental leliveriea average 491 pounds, against 477 pounds last year, uid for the whole of Europe the deliveries average 498'7 pounds per bale, against 486'6 pounds last season, Our lispatch also gives the full movement for this year and last /ear in bales of 500 pounds. m Great Britain Oct. 1 to June BaUa of 500 Iba. Great Conti- nent. 57, 2,786, 3,949, 872, 6.735. 2.176 446 486, 3,966, 6,142, Supply.... ............ 2,843, Oonsnmpt'n.85 weeke 2,398. 4,264, 3,465, 7,107. 5,863, 2.216, 1,997. 4,412, 3,465, 6,628, 6,462, 445. 799, 1,244, 219. 947, 1.166, 66, 99, 99, 99, 99. 99, 99, 99, 99, 165, 165, 165, 169, 169, 169, 169, 169, 60, 68, 68, 60. 65, 55, 55, 55, 99, 99, 99, 99, 99, 99, 99. 99. 149, 162, 162. 159, 154, 164. 154, 154. 000a (ymitted. Spinners' stock Got. 1 last year for comparison. Takings to June 1 SMrt- Oott'n 9Hlba. Shirt- Cott'n SH 32< Cop. ingi, common Mid. 32f Cop. inga, common Mid. Twitt. Twi$t. Uptdt toflneat. toflneat. Upld$ Ibt. My 12 79i6 s. •»838 " 19 7O8 0838 " 26 7ii,g©8is J'ne2 7'8 «8iiie " 9 75^ ®89i« " 16 7",6»8>« 4 4 4 4 4 4 d. 8. d. d. d. d. s. d. B. 2i«0611i9 4-36 lOk® 11 6 5 og 21^96 439 10 910^ 6 4 99 4-61 10 9 10% 6 4 «9 3 ®7 1 470 9i«« IOI4 6 l>fl09 3ifl97 2 4-73 3is97 2 914SIOI4 6 II209 4-83 938tM0ie 6 1 ®9 3 ©7 I im d. d. 7»« 7-38 7-36 7-12 6-72 6 6 2 3 3 spinners' stock J'ne 1 000a omitted. In October ..., In November In December In January ......... In February 6 68 6-38 Chief of the Climate and Crop Division of the United States Weather Bureau, made public on Tuesday the following telegraphic reports on the crops in the Southern States for the week ending June 12: NoBTH Cabolina.— Excellent progress made In cultivating crops warm weather early part of week caused material Improvement, but growth checked by low temperatures toward close; cotton now generally well cultivated, but plants late, email and not healthy In color; on cotton in luany counties. South OABOLraA.— Oool nights damaging to cotton; no rain; ground baked and crusty, rendering oultlvati3n dlfSonlt; cotton continues smal), somewhat yellow, lousy, and generally unthrifty; fields nearly cleaoed. but some still foul and a few abandoned; sea island cotton promising. Qeoroia.— Cultivation of cotton active, but scattered fields still craisy, chopping practically completed, plants small, but generally healthy, booming in south, some Injury by lloe. Flobida.— Large acreage of cotton cleaned of grass, but some fields till foul, crop needs rain, plants fruiting very well. Ala3;ama.— Very favorable for work, but ground hard; rain needed; cotton being cleaned rapidly, still lousy In places, plants healthy, growth moderate, prospects Improving, squares and blooms more general. Mississippi.— Cotton Improving, growing slowly, cultivation progressing well, but some fields still grassy, chopping not finished, plants small, f^jw blooms in south, complaints of lloe numerous, grounrl becoming hard and dry In north. LociHiANA.— Cultivation of crops pushed vigorously; cotton, where cleaned. Improved, but large acreage still in grass and some fields in Bed River bottom drowned out by overfl »w of previous weeks; .'©ousts and lice damaging plant In few localUies; some recently cultivated cotton needs rain. Texas.— Farm work actively carried on; cotton prospects improved in north and central counties though still poor in Iccalltiep; cultivation and chopping pushed, but some still foul and some fields abandoned; wetj worms and other pests damaging cotton considerably; proppects for cotton still go id In eouth and Improved in localities, chopping 'Continues, fquares forming; boli-weevlls active over Incr^-ased area and found In north-central and eastern counties. Abk\n8ap.— Surface soil getting hard; oonBlderat)lp progress made In cleaning fields and oompleilug planting; stand of cotton fair to good, email, but making fair growth, chopping well advanced. TieNNKSSBK - Weather favorable for cleaning orons and harvesting; coit'jn rather poor, but slowly recovering from firnots of late, cool. wet weather. Oklahoma and IntiAN Tbbbitoriks. -Cotton In poor to fair condition, imi lookB well, and is being ohepp«d and cultivated, but work delayed by wet ground. M sBUDRi— Marked ImprovemeDt In cotton, which Is of healthy color and growth, but 'rain \» aecded for continued advan6ement; I fields clean. Conti- nent. 40, Total, Weekly Conaumpiion, Government Weekly Cotton Report.— Mr. James Berry, lice 315 Great Britaif' Total. 1904. 1905. d. 1903-04. 1904-05. 1. each. BHtatt. We d. 510 Tn March In April In May 66, 66, 70, 70, 70, 70, 70, The foregoing shows that the weekly consumption is now 169,000 bales of 500 pounds each, against 154,000 bales of The total like weights at the corresponding time last year. spicnsrs' stocks in Great Britain and on the Continent have increased 6,0C0 bales during the month and are now 78,000 bales more than at the same date last season. Sbippinq News.—As shown on a previous page, the exports of cotton from the United States the past week have reached 121,139 bales. The shipments in detail, as made ap from mail and telegraphic returns, are as follows: Total balet. Liverpool, per steamers Bovlo, 3,599 upland 4,112 Oeorgic (additional), 463 and 50 Sea Island 198 To Hull, per steamer Toronto. 193 14 To Olasgow, per steamer Astoria, 14 166 To Havre, per steamer Montreal. 16 upl'd and 150 foreign. 1,463 To Antwerp, per steamer Finland, 1.463 560 To Barcelona, per steamer Antonio Lopez (additional), 550 100 To Venice, per steamer Georgia, 100 100 To Trieste, per steamer Georgia, 100 Nbw Orleans -To Liverpiol-June 10-8tr. Custodian, 18,902 18,902 14,978 To Bremen— June ltJ-8teamer Manhattan. 14,973 779 To Hamburg- June 12 -steamer Lord Duff ;rln, 779 1,668 To Antwerp-June 16— Steamer Manhattan, 1.658 3,695 To Barcelona -June 9— Hteamer Catallna, 3,695 600 To Malaga -June 9 - Steamer Catallna, 500 4,263 To Genoa -June 12 Steamer Sloania, 4,268 9ALVK8TOK— To Liverpool -June i4-3teamer Yucatan, 4,894. 4.894 New YORK-To . To To To To To Belfast- June 9 Barcelona -June 10 -Steamer Auguste, 1,129 Trieste- June 10— Steamer Auguate, 1,541 j.... Venice June 10-8teamer Auguste, 800 Mobile—To Liverpool -June 13— Steamer Monteneigro. 8.199. Inchmarlo, 9.66i To Havre -Jute 12 steamer P BNSAOOLA— To Liverpool- June 1 3 - Steamer Leonora, 5, 164 . QorBQinore. 8,3jl^0 HAVANNAH— To Liverpool- June 12— Steamer To Bremen Juno lO- Steamer Gre nbanh, 6,020. '...;.:.".. I ', 699 726 Steamer Inishowen Head. 899 Hamburg -June 14— Steamer Lugano, 725 To Hamburg June lO^St^amer Gretmb.-inh, 1,489 ......i..ii-' To Klga June lO-Stoamer GreeubiiDk. 160 To Stockhom- June 10— Steamer Greenl>ank. I0O>. ......... To Oporto- Jane lo— Steamer Greenbank. 200..... :-iiii..i.." ToSantander-Jiiiie lif-SteanalBr Gorseinore, lOO..-.. '...•*.. To Barcelona, etc.— June 16—Steamer Marianne, 6.447.... 1,129 1,644 300 8,199 9,568 5, 1 64 3.860 6.020 1,489 150 100 200 100 6,447 : . June THE CHRONICLED 17, 1905.] DAILT OIX>8DlO PBI0B8 OF WHBAT FUTUBBS VX OMIOAOO. SatMon. Tues. Wed. Thurs. Total bales. ROEFOLK—To Havre— June 16— Steamer Frey, 500 Mbwpost News—To Liverpool— Jane 12— Str. Kanawha, 969. 600 969 Boston -To Liverpool Jane 12 -St«amer Sylvania, 1,782 To Manoliester - Jane 9- Steamer Caledonian, 3,073 BALTiHoas—To Liverpool— June 9— Steamer Vedamore. 4,280 PBJL4DBLPBIA-T0 Liverpool— June 9-8tr. Noordland. 909 .. To Manchester - Jane 16-Str. Manchester Ciommerce. 803. 84H FBAHCisoo— To Japan— Junes -Steamer Mongolia (addl- 1,782 3,073 4,280 2469 Jnly deUv. in eiey 86% Sepf. delivery in elev.... Dec. deUvery in elev Sl'^e 82% 82% 82 fri, 86% 87% 86% 83% 84% 82% 84% 82% 83% amount of specu- Se'^g 82''8 Se'^s 82B8 909 Indian corn futures have received a fair 803 lative attention and prices for the near-by deliveries show a tlanal),236 236 fair advance. Advices from the interior have continued to SSACTLB-To Japan— June 13- Str. Kanagalra Mara, 7,041 7.041 report rapidly decreasiog stocks at the primary markets, due Total...^ 121,139 to a free movement of supplies into the hands of the coneumLiVEBFOOL.— By cablef rem Liverpool we have the following ing trade, thus strengthening the cash position and bringing shorts of the near-by deliveries into the market as buyers to statement of the week's sales, stocks, &c., at that port. cover their contracts. Foreign advices reported firm marMay 26 June 2. June 9 June 16. kets, with light offerings of com from Argentica. Ioj proving prospects for the growing corn crop have been reported, .bales. 59,000 46.000 41.00C ales of the week 23,000 weather conditions being generally favorable. The spot 1.000 1,000 1,000 Of whloh exporters took. .. 1,000 market has b(en firmer and a limited export business has 2,000 8.000 2,000 1.000 Of which speculators took. 53.000 40,000 87,000 20,000 been transacted. To-day the market was steady, The spot •ales American..... ..~ 9.000 4,000 7,000 otaal export 3,000 market was firm but quiet. 61,000 80.000 71,000 Vorwarded 48,000 DIILT 0I.O8IMO PBI0B8 OF NO. 8 MIXBD OORM IM NEIW YORK. 821,000 831,000 832.000 811,000 Total stock— Estimated 8ai. Mon. Tues. Wed, Tliurs. Fn, Of whloh American-Est'd. 743 000 755,000 757,000 737,000 6OI4 61 60^4 61 59% 60% 76,000 79,00C 95,000 29,000 Oashoomf. o. b Total Import of the week..... . 66,000 205.000 188.000 Of whloh American.... Amonnt afloat Of whloh American 90,000 205.000 187.000 69,00C 231 00( 213.00C 25,000 257.000 237,000 market for spots and fntnres each day of the week ending June 16 and the daily closing prices of spot cotton, have been as follows. The tone of the Liverpool Safday. Monday. Tuesday, Wed'd4iy. Tfiursd'y Friday. JBpoL Market, } 1S:80 p. K. ^ Small Inquiry. Mid. Upl'ds, Sales Spec. n o & exp. .Future*. Market l opened. ^ 1 More Moderate demand. demand. 468 4 80 4 83 6.000 8.000 1,000 7.000 500 5 Qalet at Steady 800 ai apt8. 10 pti. decline. advance. f 56'8 dellv. In elev Sept. delivery in elev... 6838 68% 6658 6718 67% IN CHIOAOO. Wed. Thurt. Fri 5258 53% 53% 68% b1''% 67''8 57 DAILT OLOSIMO PRIOBS OF NO, 2 MIXED OOKN Mon aai. Sept. delivery In elev.... Dec. delivery In elev...... May dellv. in elev Tues. 63% 61% 48% 43% the Western 52% 50'8 Jaly delivery In elev 621% 6U% 47% 47% 47% 4&% 61% 47% 51% 60% 47% 48 4S% 48% market have 48% been Oats for future delivery at qaiet, and changes in prices have been unimportant. The monthly Bureau report was favorable, indicating another large crop, but this vra3 in keeping with expectations and had little irflaence as a market factor. Receipts have been fairly full, but they have been partially offset by a good trade demand. And moderate export business han been reported transacted at steady prices. Today the lUHrket was quiet but steady. The spot market was qniet. DAILT 0I.O8INO PRIOBS OF OATS IN YORK.. Wed. Thun. Fri. Mon. lues. Sat. No. 2 mixed, f. o. b 35 35 35 35 35 36 NKW Steady a@3 July at pti. advance. , Market, 4 p. M. Steady at Br'lyst'dy l loan 6pti. decline. 5 ptt. advance Firm at 3^4 ptt. advance. The prices of fntnres at Liverpool for each day are given below. Prices are on the basis of Uplands, Qood Ordinary oUnse, unless otherwise stated. The prieet are given in pence and lOOtA. Thus : 4 54 means 4 54-lOOd. DAILT OLOSniO PBIOBS OF NO, S lOZBD OATS Tue%. Sat. Mon. July delivery In elev 31 81% 30% Sept. deUvery in elev.... 29 28% 29% May delivery in 1^ Sat. 10. mon. Juue 18. d. ..•••. Jane-Jaty... Jaly-Aug. ., Aag.-Sept . Sept. -Oct... Oct.-Nov..-. Nov. -Dec. .. in o 1 4 4 54 54 54 S3 54 54 54 55 56 .. Moh, April.. April-May. d. d. 4 Tlinrs. Fri. June 15. June 16 4 4 55 4 55 4 55 4 55 4 5^ 4 69 4 70 4 69 4 70 4 68 4 68 4 68 4 68 4 68 4 69 4 70 4 71 4 72 4 69 „ N.DuL.No. H o 3 3 4 00 bash White. No. 2 mixed No. 2 white 4 71 4 73 38 3S CHICAGO. Wed. Ihurs. Fri. 30% 30% 31 31% 29% 31% 28 34 31% 31 Buckwheat flour.. Oom meal- 30 ?0 Western, etc 2 S."- Brandywlne 2 90 «35% 35%»4d Nominal. Nominal. 04 90 Nominal. i>0 f.o.b.116% f.o.b.111% f.o.b.107% f.o.b.Nom. 35 »5 40 o6 40 S5 00 Patent, Winter Olty mllle, patent. 6 00 Rye flour, superfine 4 25 GBUM. Oom, per bueh- N. Dul., No. 2 Red winter. No. 2.. Hard winter. No. 2 p. '34 4 76 «4 6 50 «6 1 Oats— Mixed, 69 4 69 4 69 4 69 4 31% «3 15 93 50 55 «3 75 70 93 9S Wheat, per bosn- 4 69 4 70 31% ..$2 75 3 85 Superfine Extra, No. 2 Extra, No. 1 Ulears StraightB Patent, spring d. d. d. 66 466 66 4 6«) 4 66 4 66 4<6 4 65 4 66 4 65 4 66 4 65 4 66 4 63 4 67 4 66 4 63 4 67 4 69 4 68 4 70 4 69 471 4 70 4 5f 4 5,'^ 4 56 4 4 57 4 4 5^ 4 58 4 58 4 59 4 59 4 60 Dec.-Jan.... Jan.-Feb.... Feb.-Moh. 4 4 4 4 4 1 14. isi« 4 12i« 4 1214 4 P.M. P.M. P.M. P.M. P.M. P.M. I Jane.. Wed. Tnes. June 13 June elev .... IN Following are the closing quotations: nne... June 33 3S 38 Mo. 2 white, clipped, f.o.b ,38 f»2 0. Western mixed. No. 2 mixed No. 3 yellow-... No. 2 white Rye, per bushWestern State and Jersey.... Barley— West 56 o. f. o. 77 984 Nominal 46 •56 41 Fe«dln«r 0. oei b.61 b.ez 0. b.61 t. t. 90 93 CO •49 Exports of (^rain Bn»li I'Sonr from Pacific Ports.— The exports of srain and floor from Pacific ports for the week ending June 15, as received hy telegraph, have been as followc From San FranciHco to Ja; an acd China, 10,520 bbls. flonr, to variouB bouth Pacific ports, 15,665 bbls. flour, 600 bushels wheat and 1^,0 bushels corn; from Tacoma to Pacific ports, 15,337 bbls. flour; from Seattle to Pacific ports, 3,06l bbls 4 73 4 74 BREADSTUFFS. FiUDAir, Jnne 16, 1905. market has been reported for wheat flonr, and for some grades prices have been advanced slightly, flonr. Combining these figar^^a wth those for previous weeks, we mills raislDg their limits for old spting- wheat bakers 10c. liave the following, wnlch ooverb the exports to foreign few fairmoderately active, orders for a Business has been sized lines being placed. Trading in winter-wheat flinrs, countries for the period since July 1, 1904, comparison being either old or new crop, has been limited, but prices have held made with the corresponding period of 1903-04. Mxporu Flour, Wheat, Corn, Oats, Barney, Jine, to a steady basis. City mills have been qniet. The demand from— bbls. bu»k. buth. bush. busM^ bftth. for rye^flonr has continued of a j ebbing character, with prices 8an Fran. 661,472 1,625.241 253.257 178,807 3.299.558 854 unchanged. Com meal has been sparingly offered and firm. Paget S'd. 1,485.189 1,388,165 29,954 562,399 1,206 848 425 A fairly firm Speculation in vvheat for future delivery has been moderand prices have shown an advancing tendency. Immediately followine: the monthly report of the Qovernment's Agricultural Dapartment, which was interpreted as foreshadowing the second largest wheat crop in the history of the cotmtry, prices showed a fractional loss due to selling by bear interests. During the week a moderate advance in The crop news from the prices has been established. spring-wheat belt has not been particularly promlaiDg, some apprehension being shown of damage to the crop Shorts have been steady buyers to cover by rust. contracts, and with only limited selling prices have adWeather conditions in the wintervanced rather easily. wheat belt have been favorable. Advices received from the Southwest report samples of new-crop wheat being received and they quite gecerally show good quality. The spot marTo-dav the market was ket has been quiet but steady. firmer on less favorable weather Intelligence from the interior and reports of damage to the winter- wheat crop by nut. The spot market was quiet. If YORK. VAZLT OUMBXe nUOUOF WHBAT rUTDXM TkMrs. #H. Mon, tius. Wed. BsU. I07ifl 107ifl 10T>« I07i« V0.8 red winter. f.o.b... 10S>« lis ately active m KW jnlydallverylBeleT Sept deUT. la •!•. Dee. deUr. in ei«T 91H ... 86I4 89 Bl>* SSH 86% 91% 87 86% 9l*e 8e>a 8e% »8>a 87% 87% 98h 88% 81% Portland.. 759.858 XotaL... 2,006 019 '03-4. 8.806.099 tot 1,483,760 810,001 o63,874 4,497,366 283,311 1.041,207 5,369,'780 6,643,612 44,391 725.7^0 10.219.797 1.27» 1.482 Theaggregite exports from the Uuic*d States of wheat and wheat flour, expressed in bashels, for the eleven months from July 1 to May 31, inclusive, have been as lollows for four years. WHEAT BXPORTS FROM JDLT 1904-05. ^ , Wheat, ^ bushels..... .4,382,417 _- . Flour, reduc. tobU8h.36,816,317 Total bushels 1 190304. TO MAT 81, 1902-03. 1901-02. 43,7t0,244 108,431,187 146,605,826 72,223,011 80,693,726 73,l7i;840 41,199,234 115.923,255 189,124,913 219.777,66e Government Weekly Grain Report.— Mr. James Berry Chief of thci Climate and Crop Division of the United States Weather Bareau, made public on Tuesday the telegraphic reports on the grain crops in the various States for the week ending Jnne 12 as follows: COBN.— In the Lake region and upper Ohio Valley the condition of corn la not promlslBg, owing largely to unfavorable effects of low temperature and exeesslve molstare. bat in the States of the lo wsr Ohio npoer Mississippi and Mlsssouri vaUeys the crop has made good vtokres*, and, as a rale, has shown decided improvement. In portions of the peotral and West OuU BUtes com would be benefited by rains! in the Middle Atlantic Btates oatworms are proving destractlve WisTKB Wheat. -Winter- wheat harvast has begmn as far north a* the central porUons ot Kansas and Missouri and Soathera Illinois* : : : THE CHRONICLE. 2470 and 18 In full progrees in the more soatherly seotiocs, where the yields are generally .(lleappolntlng. In the more northerly portions of the principal win tser-wheat States the crop has generally done well.aluioneh oomplalnts of rast and Insects continae in some sections, and heavy rains in Mlohigan and Wisconsin have caused lodging. On the Paciiio Coast the outlook continues promising, exceptionally so In Waalilnjjton. SraiNQ Wheat.— A general Improvement in the condition of spring wheat In Minnesota and the Dakotas is Indicated, although in the two last-named States some fields continue thin and weudy. Bprlng wheat is also doing well on the North Pacific Coast, the outlook In Washington being the best in years. Oatb —Oats have suffered from heavy rains in the upper Lake region and from lack of moisture in Southern Illinois; elsewhere the reports respecting this crop are generally favorable. Harvest is general In the Southern States, with disappointing yields In Texas and Oklahoma. AGBICULTtTEAL DEPARTMENT REPORT ON CEREALS.—The report of the Department of Agriculture showing the condition of the cereal crops on June 1 waa issued on the 10th inst., ana is as follows Preliminary returns to the Chief of the Bureau of Statistics of the Department of Agrlcultore on the acreage of spring wheat sown indicate an area of about 17,613,000 acres, an Increase of 172,000 acres, or 2-8 per cent, on the estimate of the acreage sown last year. The average condition of spring wheat on June 1 was 93-7 as compared with 93-4 at the corresponding date last year, 959 on June 1, 1903, and a ten-year average of 91-4. The average condition of winter wheat on June 1 was 85*5, as compared with 92 5 on May 1, 1905, 77-7 on June 1, 1901. 822 at the correepondlDg date In 1903, and a ten-year average of 79 2 The following table shows lor the principal wheat States the acreage compared with last year, and the condition on June 1 In each of the last four years, with a ten-year average: ACBEAGE AND CONDITION OF WHEAT .TTTNE ON 1. 1904. 1905. 5.269 1,886 1.900 l.eoo 1,600 78 78 95 91 94 80 84 Ui 76 .. Ohio Pennsylvania Illinois Missouri Texas 81 92 87 91 94 Tfinnsasee TWarvland New York other winter wheat Tot. winter North Dakota South Dakota Nebraska Iowa Orecron Washington Wisconsin other spring wheat Tot. spring Total all Per cent of 3,259 1,000 1,316 1,450 84 80 E5 58 75 81 85 84 72 67 90O 83 812 750 52 82 9i l,tl00 -.5 Kentucky k u a 5 821 60S 5,434 ^ 4,800 1,6U 83 76 1,62- 87 76-1 3S,681 79-2 95 5.738 3,964 3.604 •630 95 95 96 90 96 94 94 95 Vi 1,550 1,561 3,322 89 75 701 86 87 98 76 81 80 1,167 1.285 8C9 645 711 771 475 5,«73 39,723 77-7 92 95 92 90 93 96 97 96 5,446 4,978 3.221 92 5,33f 91 4,537 3,287 *43S •91S •388 •925 •367 93 8S 95 93 92 92 3S5 •890 •356 70 83 76 85 99 loa 92 91 87 4,163 3,053 3,125 3,218 1,559 1,821 3,837 1.056 959 1,088 840 808 638 757 476 •501 f>5 930 353 95 •1,094 '379 93 •757 97 •412 98 •833 65 404 993 1,041 9i-7 17,611 934 17,209 4r,33e 44,075 50,364 46,202 12-2 -f9-0 -7-4 1,063 1,067 17,257 85 82 80 83 89 84 .3,191 5,394 4,349 96 3,424 100 89 95-9 95-4 17,6il 94-4 inc. or dec. in acreage.... -f7-4 .... Three ciphers (000) omitted from acreage Not Including winter-wheat acreage Included under "other winter " The total reported area In oats Isahout 27,688,000 acres, an increase of 42,0C0 acres, or two-tenths of one p. c. In the area sown last year. The average condition of oats on June I was 92-9, against 89-2 on June 1, 1904, b5'5 at the corresponding date In 1903, and a ten-year figures. ' , Arabia 78 80 71 67 85 69 78 71 78 36,866 82-2 33,107 1,861 Great Britain Other European. ,. China India eo 86 76 75 76 90 98 83 57 82 61 64 46 69 82 85-5 •903 1 1 1905. 1904. 12. Week. Since Jan. Ten-vear Average Condition. 5,951 3,583 3.088 3,39« 1,669 1,978 3,551 1,002 1,360 1,685 1,084 920 804 810 544 5,816 71 381 a they can aSord to be Independent. Increasing scarity in many lines is noted from day to day and the fact has been forcibly brought home to many buyers tbat the market is absolutely bare of spot supplies on certain classes of goods. In spite of this, however, tbe majority of Icquires continue to be for goods for immediate delivery and the amount of future buainesa has been comparatively small. In some instances when buyers have not been able to secure immediate shipment of the goods they want, they have accepted a later delivery, but in more cases they have contented themselves with other lines than those they asked for. The raw material situation has had little icfluence on the market except to still further strengthen the position of sellers of goods, for it is realized that even a fair-sized decline in cotton could not affect the price of goods while the statistical position remains as strong as it is at present. The local jobbing trade has not been active during the week, but collections from the country are satisfactory and the outlook is bright. Export demand continues very slow and the only business passing is in general lines to near-by countries. The queetion of the threatened Chinese boycott continues to exercise the minds of agents and others. The woolen goods market has been very firm during the week and more lines of men's wear lightweight goods have bave been opened. Domestic Cotton Goods.— The exports of cotton goods from this port for the week ending June 12 were 8,972 packages, valued at |448,757, their destination being to the points specified in the tables below New yobk to Junb 1902. 8 8 States. Kansas 1903. LXXX. [^VOL. Africa West Indies Mexico Central America.. South America.... Other Countries. .. Total The value 15 542 30 33 ^ 67,009 4,738 61 1,406 800 548 24 467 571 312 8,972 of these New York 8,571 12,4B3 5,159 13,300 1,221 8,487 26,897 8,901 152,905 Week. Since Jan. 1. 1. 836 460 14 4 8,263 66 195 33,596 4,264 11,423 4,534 8,922 1,079 6,553 25,563 7,423 jl2,272 104,153 967 837 251 81 287 3,317 j exports since Jan. 1 has been i;8,113,289 in 1905, against $5,800,846 in 1904. fair number of smull orders have bean received for heavy brown drills and sheetings, and these coatinus very A firm, but without any quotable change in prices. Pour-yard isheetiags are still very scarce and the inquiries for spot goods are larger than can poaaibly be filled. feature oi; tbe week has been the increased demand for 6 and 6'50-yard sheetings from converters aad bag manufacturers, and the probability i» that these also will soon be difficult to obtain. If agents were able to grant the required deliveries, the export business might reach reasonable proportions, but practioally all goods suitable for export are fully sold up. Inquiries for 3 '50, 3*25 and 4-yard sheetings have been received from the Red Sea, but practically none of them have beea consummated, for this reason. Bleached goods have been purchased fairly freely in email quantities and prices are firmly held. Wide sheetings, sheets and pillow-cases are all in good demand and steady at the recent advance. Coarse, colored cottons are firm and most lines were well sold ahead for the next few months. Cotton linings are higher and the demand shows a decided improvement. Prints are quiet with a moderate business passing in staple goods but little in fancies. Ginghams are in fair request and unchanged. Print cloths have been active during the week and prices are firm at about last week's level, with slight advances obtainable for immediate delivery where the goods are on hand. A Woolen Goods,— Buying of men's wear l-eavy-weight woolen and worsted fabrics is not yet over, but the bulk of it is, and it is apparent that some of the woolen mills are in an averages unenviable position. There is still time for them to recover, Acreage however, for the fall business of clothiers has been very satcompared — Condition June 1. isfactory, retailers having placed large orders. It is evident States— 1903. lO-yr.av with Cast yr. 1905. 1904. Iowa tbat the consumption will ba very large and should be of 91 96 90 96 98 IllinolB 102 87 79 89 93 sufficient size to absorb all the fabric that can bs turned ont. WiscODsln 102 95 96 93 98 Further lines of light-weights bave been opened during tbe Minnesota 99 93 95 95 93 week, and it is expected that most of the lines showing Nebraska 92 100 90 92 90 Indiana 105 97 89 79 88 fabrics under 60c. a yard will be opened next week. Agents New York 101 94 69 90 93 report that the business that has so f er been done is quite Pennsylvania 99 90 93 77 88 satisfactory, but no definite idea of the market can yet be Ohio 96 92 74 86 90 obtained. The goods that have been shown are offered at United States 100-2 92-9 90-1 85-5 892 about last season's prices, but when the medium and highThe acreage reported as under barley is less than that sown last grade goods are opened it is expected that the level will be year by about 17:^,000 aorns, or 3-4 per cent. The average condition of barley is 98-7, against 90-5 on June 1, considerably higher. This is indicated by the much higher 1904, 91-5 at the corresponding date In 1903, and a ten-year average prices quoted on serges, which are not capable of the adulof 88-9. teration of other fabrics, and hence reflect more truly the The acreage imder spring rye shows a reduction of 3-8 per cent from course of the raw-material market. There has been conthat sown last year. The average condition of rye is 93-6, against 86-3 on June 1. 1904, tinued improvement in the dress-gooda situation and lines 90-tt at the oorresponrting date in 1903, and 88-8, the mean of the that were neglected at the opening of the season have since company averages of the last ten years. been in good request. Broadclotbs have been in good deor Kor other tables nauallr srtven bere aee page 3438. mand throughout and many lines of these are now under orders. Silk-warp and all-wool goods have also been freely average of 90-1. The following table shows for the nine principal oat States the aorecompared with last year, on a peioentage basis, and the condition on JoLe 1 in each of the last three years, with the ten -year June ag*] , — . THH DRY GOODS TRADE. New York. Feiday, P. M., June 16, 1805. While the volume of business in the cotton-goods market has not been large during the weeli, the tendency of prices has been upwardp, and sellers continue! n such a position that purchased. FoREiQN Dhv Goods.— Imported woolen and worsted dress goods have continued in a satisfactory condition and the market has been without particular feature^ Silks have been steady and ribbons dull. Linens have been firm but quiet. Burlaps also are still firm and quiet. - . June ; : THE CHRONICLE. 17, 1905. | m^ gTME City Name. ^tfmwmr* herewith our detailed list of the municipal bond issues put out during the month of May, which the crowded condition of our columns prevented our publishinsr at the usual time, The review of the month's sales was given on page 2414 of the Chronicle June 10. Since then several belated May returns have been received, changing the total for the month The number to $16,414,283. of municipalities issuing bonds was 245 and the number of separate issues 356, case of each loan reference Is made to the page of the icle where an account of the sale is given, In tbe Chron- Dlst .Granville (N. Y.) Soh. Dlst. No. 7 Name. Rate, Albany (Mo.) 8oh. DIb. 6 Alexandria. La....... 5 Alliance, Ohio.. 4 AUiaBoe, Ohio 4 Y .Angelica, N. Appleton, WlB Aroannm, Ohio.. Ashe CO..N. C .Aeottn. Auburn, Waeh Me Aurora. Ill Avoo. 8 Dak.. .BaUeton 8pa, N. Y.... Baton Ronee. La Bay City, M'ch Beau fori t;o.. N. O ... 4 4 5 6 5 4 4 5 3*70 4 4 5 Bedford (O.) 8oh. Diet. 4J« Bel ding, Mich 4 Bellevue. Pa 4 2232 Belvldere. Ill 5 2414. Benton Harbor, Mloh. 5 2356. Berkeley 8ch. Dl8.,0al 4ifl 2356 Beverly, MasB 4 2414. Blnj?ham Canyon, Utah 6 1985. Blue Lake Soh. Dlst, Cal 5 2232. Bluffton, Ind 6 41^ 2232. .Boulder, Colo 1985. Bradford Ohio 6 1985. Breckinridge, Minn. 5 2415. .Breltung Twp., Mloh. 6 2357. .BroxtOD, 6a 6 1870. .Bnnoombe Co.. N. C. i^ 1985. .Burroughs S;h. DlBt. 5 No 19, S. 2357. .Canton (O ) Soh. Dlst. 4 1986. .Carrlngton. N. Dak... 5 4ia 1986. .Ceilna. Ohio 2232. Centralla (111.) School Dist 5 1871. Champaign Co., Ohio 5 (6 issues) 2232. .Chariton Dr. Dist. No. l.Mo 6 1985. .Cbicaeo (111), South 4 Park 1871. .OhlHOok School Dist, 5 No. 10, Mont 3\ 2357. .Ohlcopee, Mass 3^4 1931. .OinclnDatl, Ohio 1871. .Cincinnati (O.) School , . Maturity. 1911-1918 1908-1917 1909-1928 1906-1925 1914-1951 tigis-igifs 1925 1925 1936'i939 11915-1945 *1910 1936 1910-1935 tl925-1935 1906-1936 1906-1925 1906-1910 1906-1945 1918 1924 1906-1915 ""1925"" 1906-1909 1915*1920 1906-1913 1906-1925 1935 1925 1925 1925 Amount. Price 100-18 100-18 100 101-65 102-842 111-40 102 100 10 105-26 103-375 100 100 65.0()0 10,000 100-50 6,000 3,500 75.000 2.000 38,500 6,000 10,000 20,000 102-16 102-75 19061915 11910-1925 18,000 1905-1908 12.168 313 1932 Evanston 8ch. 1 Ohio 1932. 1932. 1932. 1986. 2233. 1932. 2416. 2357. = Ohio Ftndlay, Ohio Plndlav, Ohio .ForsTthCo, N. C Fore Vallfy, Ga Franklin Co Ohio Franklin Co., Ohio.... Fraz-e (Minn.) Soh. Flr.dlay, , Dist. No. 8 2357. Fulton Co., Ind 2357. Falton Co., Ind ^357. Gallatin Co (Mont.) aoh. Dist No. M 2416. Gates (N.Y.)8ch Dlst. 2233. (ioldftboro. N. C 2233. Grafton (W. Va.) Soh. Dlst 1932. Graham, N. , ..Harrison, Mioh. (3 is.) ..Hartford, Conn ..Hartford Twp. Sohool 19071924 102-55 103092 100'76ii N. ..Hinds Co, Miss ..Hoboken, N. J 5 .Howard Soh. Dist., O. ..Idaho (11 issues) 100 5 5 6 5 413 5 5 5 5 4 5 4 4 4 5 4 4 5 4 ..Kenton, Ohio (3 is.).. 4J* .Kenton, Ohio .King Co. (Wash.) Soh. Dist. No. 23 .Kingman, Kan .Kl.^math Co. (Oregon) Soh Dist, No. 1 4ifl .KnoxCo. 4ifl led. (lis.).. .La Ballona Soh, Dlst., .Lake Co., Ind .Lamar Co., Miss .L«<roy (N. Y.) Sohool Dist, No. 3 Y .Lestershire. N. .LompooSch. Dls.,Cal. .Long Beaoh.Cal .Lorain, Ohio .Lorain (O.) 8ch. Dlst. .Lorain (O.) Soh. Dlst. .Louisburg (N. O.) Sch. Dist .Loveland Soh, Dist. No. 2, Colo .Lowry (Minn.) Sohool Dist .Lyons City Soh. Dlst,, Lynn, Mass N C .Maiden, Mass N.Y Dlst Mill Soh. Dlst io'2-55 102-686 . Oal... 107 100 .Minneapolis, Minn... .Minneapolis, Minn. (2 )07-2?3 100-786 .Minnesota Soh. Dlat. 105087 (j,000 109 issues) .Mitchell, S. Dak .Montgom«ryOo.,Tenn 16000 105-91 l-'.OOO 108 35 108 958 1S101925 55,000 102-82 19071921 IS.O'^O 103 6,000 1(0 104-375 100 5 6 4 41a 11910-1915 1906-1923 1935 .Newark, Ohio .Newark, Ohio .Newark, Ohio .Newcastle (Pa.) Soh. .Norway 20,000 129,500 22,400 10292 16,000 104-69 1,200 25,000 100 13,500 57,836 105-72 101-148 6 100-828 100-003 100-11 8,000 4,500 100-222 30,000 107-306 100.000 1T1€0 12,000 ) ioo-=,0'> 35,000 ] ^"" ^"* tl910-1920 27.000 100-37 4ifl 4 8,000 11910-1915 4>« 1925 1906-1913 1906-1910 4 1906-19.SI2 3% 1908 1934 31,000 125,000 40,000 20,000 84,000 90,000 7,500 15,000 20.000 200,000 8,000 55,000 27,000 100,000 41a 313 1945 1906-1915 1935 125,000 2,500 250,000 108-42 106-68 100-676 3lfl 1935 200,000 100-31 111,005 5,400 60,000 150,000 100 100 319 S^i 1935 1906-1909 3^ 19101911 "1935"* 3^2 5 4 7 1930 1905-1919 11925-1945 5 4ifl 1907-1915 tl9l5-1925 4i5 lOL-149 100-06 106-528 103-17 100183 100 101-55 103-40 101-381 100-809 100-268 100-041 103-88 4 4 1913-1919 1914 5 4 12,000 101-325 35,000 10008 64,000 100 15,000 100 20 2,122 100-141 7,350 103-75 "1913"" 35.000 100 6.000 102-938 16,000 11100 18,000 10042 250,000 106-176 1906-1925 1925 1926-1945 1906-1925 40,000 102-318 20.000 103 125 10,000 10803 5,000 102-50 11915 1925 1907-1912 1964 (Mich.) Soh. Dlst .Oakes, N. Dak .Ocean Park, < al Ocean Park, Cal View Sohool Dlst, Oal .Ohio County, Ind 4I3 5 5 5 .Ocean Omaha, Neb .'^,000 1()2-16 .Partridge, 104-65 .Pasadena, nal Paterson, N.J 25.000 io,o;o 100 100 106-44 3i« 6,000 Ohio .Pain<^RVllle. Minn . 7 41s 4 5 5ifl 4 4 1906-1912 1905-1925 1925 1908-1920 1925 1906-1945 1915 3,500 4,120 100,000 20,000 4,500 104-94 100-121 105-77 10- -762 2.'>,000 lCl-544 101-60 100 110,000 .Pawnee City (Nea.) 8oh. Dlst .Plermont. N. Y .Pipestone, Minn Pa 112-59 105-80 .Pittsburgh, 100 .Pleasant Rldg**, Ohio. .Plalnfleld, N. J .Plaintteld, N. J 101-80 106-66 100 106'26 102-75 100-07 4V| 5 4I3 4i« 1910-1913 1918-1932 1925 3I3 5 1930 4 4 192 5 -1934 6.500 100 2,000 102-737 29,500 105-508 16,000 104-84 630,000 100 1,370,000 moo 1,000 108 75 62,000 63,000 104017 84,851 5104 X tl»15-1939 1935 103-43 101-42 10,000 .New Lexington. Ohio. 5 .New YnrkCUy (2 1s,) 3 ,North East, Pa 4 100 13.600 100 18,000 ICO 00 103 63 103138 106838 1935 -Nampa Sohool ) Dist. No. 37 5 tl915-1925 .Napolf on (O ) Seh.Dls. 4 1909-1924 .Newark, N. Y 3ifl&4 1909-1924 101-45 950 5,.'! 1105183 (Ida ll.COO 10,000 105 108-20 100-508 lOi-75 15.000 40,000 10,000 6,000 430,500 30,000 5,000 30,000 45,000 5 4 .Mlnonk. ID Dlst 190^-1923 1928-1937 1015-1920 1925 1910 J 1910-1916 1907-1916 5 .Memphis (Tonn.) Soh. 8,000 1915 1920 4,^ 313 La (36l8aue») 2,000 50,000 8,000 104-375 105.25 5 4 .Medina. 4ft,000 ti915-i945 tl910-1925 1911-1930 190S-1912 5 100-275 ' 1906-1920 tl915-l925 tl910-1925 1910-1919 414 100,000 9,000 6,000 50,450 4,000 15,000 30,000 75,000 19,1100 100 103*41 7,500 40,000 1945 ""1926"" 1906-1923 1906-1925 1928 1925 1925-1934 12,000 20,000 1S,000 104-75 104-89 104-08 103-02 1916 1909-1933 io6'67 19C6-1917 1906-1915 1906-1910 190R-1915 1916 1935 1908 1911 1908-1912 4,000 20,000 10703 4 3-85 1935 5(?,000 100-33 40,000 ICO.COO 9,900 10,000 5,700 25,000 5,000 1,000,000 5 3Jfl 12,000 100-09 100-16 8,000 102-475 12,000 103-155 1,520 101-32 20,000 102-50 5 1915 1925 tl910-1925 10011 1906-1913 1925 1908-1911 1907-1926 6 6 -Marion Co.. Ind • ""ms"' 11915-1925 4 .Lynn, Mass .Madison Co,. 100-931 12,000 11,085 100-63 100 25,000 101 184,000 100 20,835 105-85 11,000 105-85 25,000 100-212 1925-80-35 6 .MasslllOD, Ohio .Masstllnn, Ohio .Ma88lilon(0 >Soh. Dia. tl910-1925 1910-1929 11915-1925 104-49 50,000 1955 412 21,500 9,000 350,000 1911-1922 "i93'5"" .Lexlngton(TenE.)8oh. Dlat .Mansfidld, tl919-1925 191S 1925 1906-1915 1906-1915 1908-1914 5 5 Cal... .LaHarpe, Kan .Pitoalrn.Pa 41fl 4 5 .Idaho ,.l8anti(Mlnn,)Soh DIs. .Jackson, Miss ,. Jackson Co., Texas... ..Johnson Co.. Texas... .Jones Ci., Miss .Kalamazoo, Mich 100-74 1,500,000 19101934 41^ .Madleonvllle. Ohio.... 1906 1925 6 S^fl 6 5 .Lynn, Mass.,.. .Lynn, Mass 65,000 6 Dlst., Ohio ..Henderson Twp., N.C. .Hertford Sohool Dlst., .North Carolina 4ifl C . . 0.?-34 103-125 101 81 101-683 104-32 98-01 Dist. No. 7^,111 2357.. Fairfield (Neb.) Soh. Dlst. No. 18 2415...Falrmonr.Ohlo (Ind.) 2416...Farnif-rsburg Soh. Dlst 2476...Faulk Co ,N. Dak 2233...Feasby Road No. 47, , Iowa 4 5 1871. .Clinton, Minn 4 2233. .Cohoes, N. Y 2233 .Colebrook(0.)8ch Die. 5 4 2357. .CoUinwood, Ohio 6 2233. .Condon, Ore Ohio 4 1986. .Crestline. 2283. Crookston (Minn.) Soh. 4 1920 Di»t tl907-1915 1931. .Crow Wing Co.. Minn. 6 4 1906-1910 1871. .Cumberland, Md Mont 11915-1925 4 2416. .Custer Co.. 4 1945 2233. .East Orange, N.J 4 1945 2233. -East Orange, N J 2238. .East Syracuce. N. Y.. 3-85 1910-1934 4 2233. .Elgin Twp., Ill "1925"" 5i« 1986. .EUendale, N. Dak 379 2233. Elleriville. N. Y 2357. .El Monte High School 5 Dist, Cal 4% 1986. .Elyrla.Ohio 5 1986. .Eiyrift. Ohio.... <i.^ Hancock Co. Ohio 5 Hancock Co Ohio. ... 5 ..Hardin Co., Tenn 5 . . Price. 12,000 38,053 7,140 14,720 4J3 3i« 4.^ Amount. $110,000 100-869 18,000 100777 7,500 4ifl Dist ..Hamilton Co., Tenn.. ..Hancock Co., Ohio 80,000 25,000 10397 4,400 100 150,000 105-566 25,000 10,000 15,000 6,500 40,000 Ind Ind Ind 5 Hadley (Mass.) Water . 100-329 108-31 105-44 99-70 103 20 • Dist 1986. .Clear Lake. 8. Dak... Co., ..Greene Co., ..Greene Co., 104 $3,000 28,000 15,000 74,500 10,000 250,000 38.000 20,000 4,000 20,000 72,000 12,000 60,000 300,000 75,000 12,500 20,000 Greene . Maturity. 11910-1925 1905-1924 . Mat Bond sales. Page. 2356. 2232. 2232. 22S2. 1985. igss. 1870. 1931. 2232. 2356. 2414. 2232. 2232. 2256. 2356. 1870. 2356. 2356. 2414. Bate. .Grand Island. Neb 414 .Grant Co., Ind 4>a .Grant Park (IlL) Soh. MUNICIPAL BOND SALES IN MAY. We present 2471 1923-1926 13,500 104-125 , THE CHRONICLE. 2472 Name. Page. Rate. Maturity. 2361 ..Ravenna, Ohio 5 4i« 2361 ..RedJacket, MIoh 2361 ..Red Rl^er ana Bayon) des Olalses L. and [ 5 D. DUt La Co., N. 18''3 ..Rensselaer Co., N. 2361 ..Renville, Minn 2 179 ..Rloe Co., Kan 1873 ..Rensselaer Y. Y. . 6 1910-1919 3H 19061935 3Js 1906-1933 1920 5 8 4 2235 ..Richmond, Va 1934 Riverside Soh. Dlst . Amount. Price. $5,000 75,000 33.000 100,000 110-54 101-958 20,000 30,000 70,000 10.000 3^,ooo 17C,320 101 100-60 100-87 93 Dlst. No. 10, Nev 2S61 1954 3 . 2419 ..Reno8oh 1923 1908-1914 Cal Rooheeter. Ind 1873. .Roilerevllle (O.) Soh. Diet 2235. .Roseaale (Kan.) Soh. Dlst 2235. .RussellvlUe Ky. (3 18.) 2419. .Rutland and Lerjy Soh. Dl8t.,N Y 2235. .Sacramento, Cal 2235. ..SiiglDaw, Mlob 1934. .St Josepli Oo , Ind.... 2235. .Salamanca. N. Y 2235. .Salem, N. Y. (3 la.)... 1934. .Salem, Ohio 2361. .San Antonio, Tex 2361. .San Antonio, Tfx . 2361. .San Antonio, Tex Bnenarentara, 2235. .San Cal 2235. .Sandusky, Ohio (2 Is.) 1874. .Stndusky Co., Ohio "1939'" 1906-1915 2,750 8.000 11003 5 19061912 6,000 102-28 19211925 4 tl915-1938 4 1906-1922 4 4 1906-1915 1912-1921 1905-1920 3^ 4 4 5 1906-i922 5 8 8 1925-1945 11915-1925 11916-1925 5 4 Issues) 25.000 24.000 100 100-333 10.200 200.000 10,000 100,000 IS.OOO 13,500 17.000 38,000 15,000 7,000 1919-1920 EOO 1910<fcl915 6,000 100 10005 100-757 101-07 101 107-40 105'26 104 105 100 75 100-612 101 15 17,390 2361. .Ban Fernando Sohool Dlst, Cal 1935. .San Francisco. Oal... 1935. .San Franolsoo, Oal... 2362. .Ban Francisco, Oal. (2 100 106 40 7 6 5 (10 iBsnes) 10803 8 S^a S^t 18,000 103-731 100.000 100 50,000 10002 8i« 720,6C0 10001 45.000 200.000 50.000 22,000 10,000 105-25 84.000 20.000 90.000 4,000 75.000 15,000 118.000) 30.000 s 2,500 100-90 104-362 101-76 2362. .Santa Barbara Bchoul 4i« Dlst.. Cal 1906-1918 2235. .Santa Rosa. Cal. (4 Is.) 4 1906-1948 3-90 1910-1934 1935. .Scotia, N.Y 2419. .Soranton, Pa 6 1362. .Sbamokin, Pa 4 igio-'igis 2362. .Shamokln (Pa.) Soh. Dlst 4 119101938 2235. .Sharon, Mass 4 1906-1928 1989. Sheboygan Co., WlB.. 4 1910-1919 2420. .BhellsbnrR, Iowa 6 1807-1922 2236. .Shoshone Co., Idaho.. 8 2362. .Slater Sch. Dlst.. Mo,. 5 1906-1928 1935. .SomervlUe, Mass 1906-1988 81s 1935. .Somervllle, Mass 1906-1938 2236. .South Brooklyn, Ohio. 8 1906-1915 1935. .Bontti Brooklyn (O Soh. Dlst 41* 1908-1938 2236. .South Omaha, Neb... 41s tl910-1925 1935. South S:. Paul, Minn. 4 1925 3236. .Steele Co., Minn 4 1918 2362. .Struthers, Ohio 6 1906-1918 2362. .Sturgeon, Mo......... 5 "1917"* 1936. .Summer Soh. Dl8.,0al. 8 2420. .Surprise Valley Sch. Dlst, Oal 6 1906-1913 2421 .Topeka (Kan.) Sctaool 102 100-05 100 101-07 100 102 105-81 Name. Page. Dlst.. 1936. .Troy, N. Y 24S0. .Two RlverB 4 1928 5 1906-1907 11915-1935 $1,000,000 Bonds Sold by Cahadiah Municipalities. 1931.. Acton, Ont 4 $8,000 1931. .Brockvlile, Oat 4 30,000 } 193l..Brockvllle, Ont 4 9,203 S 1986.. Colchester, Ont 5 1908-1915 4,978 4I4 2476. .Cornwall. ;Ont. (3 iB.). 14,456 1986.. Hanover, Ont 4ia 19b6'l935 6.000 2859.. North Dorchester 4i« 1906-1915 4,895 2235..P!ctou, N. 8 4ia 1935 12,000 1934..Reelna Boh. Dist.,N. W. T. (2 Ifsues) 4% 60,000 1937. .Waterloo, Ont. (2 Is.). 4is 23,587 8ch. Dlst 6 figi0-191S 1906-1910 41* 4 1874. .Union, 8.0 2421. .Uvalde Co., Tex 1989. Ventnor City, N. j 2421. .Warren, Pa 8421. .Washington, Pa 2237. .Washington Co., Pa.. 1937. .Watertown, Mass 1937. .Watertown, Mass 3363. .Watertown, N. Y 2363. Watertown, N Y 2363. .Watertown. Wli 1937. .Webster Oroves (Mo.) Soh. Dlst . 2237.. Welcome, Minn 2237.. Wells Co.. Ind 2422. .West Allls, Wis. (2 U.) 2363. .West CarroUton, Ohio (4 iHsnes) 2363.. White Co, Ind 2368. White Co., Ind 2363. WnlteCo.,Ind 1990. .Whltmlre Boh. Diet. No. 52, S. C 1990. Wiggins. Mies 2363. WUhin Co. Dr. Dlst., Minn.. 1990. .WiiiBhire Twp. Road ^DlBt. N0.2. O. 1875. .Wilmington, Del 2237. .Wilmington, Del 2288. .WIiiHeld, Kan 2863. .Wise Co., Texas 1990. .Wood Co, Ohio 2238. .Wool Co., Ohio 2238. Wood Co., Ohio 236{. Woodsfleld, Ohio 1937. V<illowstoDe Co.,Mont 2238. .YouDgstown (O.) Soh. • . Dlst 2238. .Ydungsvllle (Pa DlBt ) 4i« 1925-1948 1910-1945 1924 1938 1909-1918 1906-1913 1918 1914-1923 1925 1910-1916 1906-1912 4 5 4 4 4 8>* 3»2 4 4 4 4i« 11918-1928 6H 19061912 8 1906-1915 1906-1925 4i« 1906-1928 6 6 6 *1980 78,500 100 61,279 100 100-687 101 103-894 tlOO 100 100 105-47 101-885 100 100-42 10040 106-41 102-171 100 40,000 105-89 7.000 107-14 71,500 10060 76,000 106-70 4 4 4 8 4 8 6 1911-1928 6,000 104-50 10,000 100 80,000 100 100 6 1906 1910 1908-1910 1910-1914 1906-1915 4 U91&-1925 30,000 200,000 60,000 15,000 86,000 60,000 60.000 40.000 14,925 88,000 4 1918-1820 45,000 102-017 5 1903-1917 6,000 102088 "ms'"' 11920-1925 U915-1945 5 10201 103-278 102-12 100 102-60 103-474 106-617 107-76 93 Soh. Total bond sales for May 1905 (245 Price. 109-562 96-85 98-398 103-14 101-772 101-gO 100-49 102-76 101711 101-77 $171,119 REVISED TOTALS FOR PREVIOUS MONTHS. The following items, included in our totals for previous months, should be eliminated from the same, as the sales have not been carried to completion. We give the page number of the issue of our paper in which the reason for the failure to consummate the sale may be found. Paye. Name of Municipality. Amount 2356. .Baton Ronge, La. (January list) $240,000 1931..Bacyrn8, Ohio (Apiil list) 19,200 2476. .Faulk Co., 8. Dak. (February list) 50,000 1934. .Salem, Ohio (March list) 17,000 2420. .Spokane County, Wash. (January list) 30,000 have also learned of the following additional sales for We previous months Name. Page. 2416..Flandreaa, S. : D Rate, Maturity. Amount. Price. (Mar, $17,000 101-76 1906-1907 1906-1903 20,000 3.000 100-51 100-24 11915-1928 1915 6,800 30,000 2,500 100 100 100 5 Bale) 1986..Greenbnrg (N.Y.) Soh. Dlst. No. 3. 1987.. Lookport, N.Y 2418.. Pawnee Olty (Neb.) Sch DlBt 2420.. Spokane Co.. Wash... 2420..SceeleOo.. Minn 1990.. Whatcom Co. (Wash.) Soh. Dist. No. 28.... 41s 4 41s 4 4 11906-1918 41s 3,500 100 All the above sales except as indicated are for April. These additional April issues (less the Buoyrus item referred to above) will make the total sales (not including tempo* rary loans) for that month $10,140,457. Index. An index to all the news matter appearing In this Department for the period from Jan. 7, 1905, to April 15, 1905, inclusive, wai published in the Chronicle of April 22, 1905, pages 1500, 1501, 1502 and 1503. News 101-80 3,208 10904 3,000 101-256 3,131 101-26 7,073 101-26 6 6 6 6 4 100299 81.000 104-16 70,000 JlOl-27 25,000 100 2,500 3,000 107-483 5,000 103-80 18,000 106-50 8,000 18,000 40.000 25,000 1,600 25,000 25.000 50,000 80.000 10,000 60,000 81,000 7,000 7,000 IB. Total 102-60 (Wash.) 2237- .UhrichsTllle, Ohio 2862. .Union Co., Pa Bonds OF Ahbbican Possebsiohs, Bate. Maturity. Amount. 2232..ManlUa, Philippine ) 8,000 [Vol. lxxx. Items. Abilene, Kan.—.Bond Settlement.— I^q take the following from the Topeka "Capital -." Abilene, Kan., May 86.— The City Coancil to day paid to Cornell University $2,500 in compromlae settlement of the gas bonds Issued fifteen years ago and which have Deen:in contest for ten years. While the city has won In every conrt thus far, the litigation has been expensive and it was willing to compromise. The interest and principal amount to over $iO,000. This cleans up all litigation against the city. See State and City Section for May, 1905, pagre 2124. California.— Sfafuao/'flfwW.— The case of the Uaioa Trust Co. of San Francisco vs. the State of California (see V. 80, p. 483,) to recover on certain "Montgomery Avenue bonds" of San Francisco was recently argued upon the demurrer of the defendant to the amended complaint of the plaintiff and submitted upon briefs. Chattanooga, Tewi.—AnnexatU>n of Highland Park.— Highland Park was formally annexed to the City of Chattanooga on May 24 and is now known as the Ninth Ward of that city. ConneeXient.—Savinjs Bank Investment Billi.~The Hduso on June 14 passed bills permitting savings banks to Invest in the bonds of the Conneaticut Railway & Lighting Co. and also in the i% gold bonds of the Southern Indiana Railway Co. due 1951. On June 7 the Senate rejected In concurrence the bills making legal as savings bank investments the first mortgage bonds of the Bristol & Plainville Tramway Co. and the first general mortgage 5% gold bonds, due 1954, of the Norfolk & Southern Railroad. Garnett, Kan.— Bonds Beyond Limit.— The following relative to bonds recently sold by the town of Garnett appeared In the Kansas City "Star :" TOPEKA, May 21.— In response to an inquiry from G. W. Fallis of Garnett, the AttOTney General, Mr Coleman, has Riven an opinion In which he holds that the Uw enacted last winter auihorlzliiir municipalities to Issue waterworks bonds up to 15 per cent of their assessed valuation does not permit an Increase of IB per cent over the present indebtedness. Mr. Ifallis, who Is a banker, purchased an issue of $'j5,ooo In bonds Issued by the town of Garnett (see V. 80, p. 14(8), but the Auditor of State refused today to register them. The Auditor held that the issue increased Garnett's Indebtedness oerond the point allowed by law. The Attorney-General took the same view of the case and the City must reluce the size of the Issue. mu- Greensbur^, Ladwick, East Ureensbntif and Southeast Greensbarg, Pa.— Greater Oreensburg Lliciim. An elec^*'*^® ''^ ?*^®^ "' ™*^^''*ty- t Subject to call in and after the tion will be held in each of the above-named places on June .».*,n earlier year and mature In the later year. JNot Including $13,67 1.861. 27 to vote on the question of consolidating to form a "Greater lo*"^^. "^^Po*^®* ai* 'Which do not belong in the list; Greensburg." ? T«wi'°K^'"-y T lakenbyslnklngfundas an Investment. And other considerations. Japan.— .8ond.s Zi.s'f(<7.— The New York Stock Exchange In addition to the above we have recorded during on Jane 14 listed thb £12,000,000 6^5 sterling loan, second the month of May the following Bales by municipalities out- 8eii«8, of the Imperial Japanese Government, The American allotment of one-half of this loan was fl jattd last Noside the United States. vember (not the present year) through Kahn, Loeb & Co., nicipalities, covering 356 separate Issues). .|fl6,414,288 I — : June THE CHRONICLE. 17, 1905.1 tbe Natiorti City LawreE'C*'. BhtiI? ho<) ii>*,*i-— — : Li i — Thf. foUcwiog ft^jpt-ared in tbe Ku-v,- Ci y ".'*i. Lawrence, Kan.. June >•'.— Attorney-General ' Of the Revenue of 1904, Nog. 30^7 to S397, both numbers Inclusive. Of ihe Keveiiue of IHOS, Nos. ].24-i to 1h?3. both numne's inclusive, Cabitol Building. No?. 4105 to iis9, both numoers inclusive. R>sSfM8 i ou nly, T&^.— Warrant CaiL.- C mnty Trr^s.surer rhH Nat-Ofo*! B^cR of (Jomaierc*^. .anon • Tolein *n bro\ipht the suit this instituted by the State f t r the recovery of *10(iO)'i University bonus from J .hnson Couniy, wbpre thiscoun' Lawrence back to tne city of y voted by it has been buried for the list ten years. The suit was reinstated on ibe docket on motion of the Aitoruey-General last February. moruinn 2473 H L. ratj's E'W!Xi lecva'ly called for pay xient the following war- General fund Nos. 1423 to 1507. intfusive General road'and brldae fund No». 3 1 to 274fl, inclusive Road and bridge. District No. 1. Nos. 5.'^4 to 53rt Road !iEd Bririge. District No. «. N. s. 88- to fl20 Koad and bridge. District No. 3, Ncs. S81 to Sim Road ana bridge, District No. 4. Nos. 105 to 4'd9 J4,9f'6 2,5'"'8 82 47 48)9« See V. 80, p. 785; alao State and City Sec'don for Mavt 1,0.10 65 page 2127. 1^44 83 896 67 Hichiy^aui.— Legit lattive Adjourns. The Legislature of this State adjourned June 7, 1S05 Total $10,107 90 Napa, Cai.- Com cMon.— In cur State and City Section Denver (Colo ) School District No. l.—Bond Call.— P&ul for May, 1905, page 2145, the bonded debt ot this city is given as 1420,500. This is a mistake. The amount she uld have J. Sonrs, District Treasurer, calls for payment June 20, at been $43,0C0. The debt has bten reduced since then to |41,- the office of the Treasurer of the City and County of Denver, 650, and Eow consists cf $8,750 bridge and $32,900 general $1,0C0 bonds Ncs. 67 to 40, inclusive, isaued July 1, 1S93, by Arapahoe County School District No. 17. bonds. De S«to, Mo.— Bond Ca//.— Interest ceased May 5 on i}4% ^eiT Jersej.— Limit to Taxation. — Ch&pter 83, Laws of Nos. 17, 18, 19 and 20, dated Jan. 5, 1899, Denombonds 19G5, places a limit upon the rate of taxation which may be levied by the municipalities of the State of New Jersey. ination, $500. Douglas County (Mo.) School Distiiet No. 3.— Bond Under this Act the rate cf taxation for county, school disThis district called for payment May 26 a $250 7^ Call.— trict and local purposes must not exceed $17 per $1,000 of assessed valuation in cities having a population over 50,000 bond (No. 1), dated May 20, 1900. Everton School District, Dade County, Mo.— Bond Call. and $15 per $1,000 in all other cities, boroughs, villages, Call was made for payment May 1 of 6$ bonds Nos. 1, 2, towns and townships. Exception is made, however, when and 3 4, each for $5C0, dated May 1, 1895. ever the governing body shall by resolution adopt a higher Gallatin School District, Davles County, Mo.— Bond rate and the same be approved by a m&jority of the legal voters at the general election next prectding the fixing of Call.— Bonda Nos, 5, 6, 7 and 9 of this district, carrying 5% interest and dated July 1, 1889, have been called for payment such tax rate, in which case the limit may be exce^:ded. New York State.- Spuial S ssion of the State Legitliture July 1. Harrison County, Miss,— Bond Call.— John B, Clark, —The Governor on Jnue 15 istued a call tor a Fpecial session of the State Legislature to convene June 21. The call gives County Treasurer, calls for payment at his office or at the no Intimation as to what subjects are to be considered, but First National Bank of Qulfport, railroad bonds Nos. 307 to one of the matters which will probably come up will be the 367, inclusive. Kennett (Mo.) School District.— Bond CaZZ— The followproceedings for the removal of Justice Hooker. ing bonds were called for paym«nt May I Listed.— The, gold PHillppine Idands.— Bonds $8,500,000 it registered public-works and improvement bonos sold on Nos. 9, 10, 11 and 18, $500 each, dated June 1, 1891. Interest. 6%. March 10, 1905, to the Mercantile Trust Co. of Sf. Louis were Nos. 1, 2, 3. 4 and 5, $500 each, dated June 1, lfc97. Interest, e^, Kirksviile, Adair County. Mo, -Bond CaZi.— Call is made listed on tee New York Stock Exchange on June 14. San Francisco, Cal.— Correct wu.—Iq our State and City for pajnient Ju)v 1 at ihe Mif'tieeippi Valley Trust Co., St. Louie, of bonds Nos. 7 to 14, inclusive, each for $'00, beariDg Section for May, 1905, page 8144, under head of "San Fran 4i%i interest. Cisco," the following paragraph aopaars The charter limits taxation to %l on the IICO for all current expenses except JiJLsniteau County, Mo.— Bond Caii.—Interest ceased Jane tbe maintenance of parks and the interest and sinking funds, for which pur2 on 5% bonds Nos, 11 and 12, each for $500, dated Jaae 2, poses is allowed 7 cents additional on the $100. 1905, — — : : This Statement is not quite lu accord with the facts. Toe tax of 7 cents perlUO Of valuation allowed in addition to the $1 permitted for carrent expenses applies only to park maintenance—interest and sinking fund tax not beicg limited except by the requ'rements of that fund. The bonded det>t of the city is limited to 15^ of the aesessed valuation of all property, now over $501,000,000, The paragraph referred to, therefore, should reaJ as follows : The charter limits taxatloi to $1 on the $10 ) for all current expenses except the maintenance of parks, for which purpose is allowed 7 cents additional on the elOO. interest and sinkiutt fund tax is not limited. Wlncbesttr (Ky.) Scfaucl DisiricT.— Bonos Fa'id.— The following, teaxjBg on the va.'idlty t f OU bonds of this taken trcm the Cincinnati ' Enquirer :" Frankfort, Ky.. May 30.— In the case of the Board of Education of Win$15,t district, Is chester atrnlnst tbe Ciiy of Winchester, the Court ot Appeals to-day decided that ilie Consiitution means that two thirds ot the voters phrtlclpatine in an election on any vWen bubject d< es not mean two thirds ot tbe voters that vote on any and all subjects the sume day. An election was beld In Winchester to decide whether tlb.OuO in bonds should be issued <cr a new school house. The vote stood Oit.'i for and 3J(i against, but the total vote cast on other matters tbat day was over l,4uo, so the vnlioity of the bond issue was questioned. Tne Court holds the bonds legal, as two-ihtrds of those particlpatirj;; in tbe election as to the bonds voted for the bonds. It is one of tbe most importaut school decisions for years. _ Bond Calls ana Redemptions. Bloomfleld, Stoddard County, WiO.—Bond CaZ^— Interest ceased May 1 on 6% bonds Nos. 1 to 4, inclusive, .dated Aug. Denomination, $500. 1, 1898. Boffalo School District, Dallas County, Mo.— Bond Call. —Bond No. 16 of this district was called for payment May 1. Callaway County, Mo.— Bond Ca/i.— Call was made for payment May 1 of $1,000 bonds Nos. 118 to 135, Inclusive, dated May 1, 1897. Canon City Sanitary School District No. 1, Colo.— Bond CaW.— City Treasurer T. B. Moore calls for payment on or before May 25, bonds of this district Nos. 17 to 24, inclusive. Interest will cease after May 25, 1905. Carthage, M-Q.—Bond Ca/i.— Bonds Nop. 6, 7 and 8, for $500 each, carrying i% interest and dated May 10, 1900, were called for payment May 10. Chicago, III.—S^jcciai Aases&ment Bonds Call. — L. E. Mccalled for payment $398,985 special assesment bonds. The list of bonds called is a very lengthy one and was published la full in the " Chicago Daily Journal " of May 23. Qann, City Comptroller, on May 23 Cincinnati, Ohio.—Winton Place Bonds Called.— The trustees of the Sinking Fund of Cincinnati call for payment July 9 at the American Exchange National Bank of New York City or at the Tnird National Bank of Cincinnati t&e following bonds issued by the village of Winton Place prior to annexation to the city of Cincinnati $1,500 62 town-hall bonds (Series Bl Nos. 1, 2 and 3. Denomination, $500. Date, July 9, IbWi. Maturity, July 9, 1909, subject to call July 9, 1904. Clearfield (Boro), Pa.—Bond C««.— T. T. Beahan, Presideat of Council, called for payment June 1. at the office of the Borough Treasurer, bonds Nos. 6 to 15, inclusive, each for $500, dated Sept. 1, 1891. tolcrado.— TFarraH J Co /Z.— The State Treasurer, John A. Holmberg, calls for payment 30 days from date of call— Juoe 10— the following warrants : 1902. Marion County, Mo. Bond Call. —The County Court has decided to call for payment $25,000 of the $100,000 42 courtG0U8H bonds issued June 30, 1900, Miltvaokee, Wis.—Bon't CaZi.-The following bonds hav been called for payment Jute 80 : General City Bonds of 1885-No8. 402, 431 and 498, at $1,000 each. General City Bonds of 1886-Nos. 583 and b76 at $l,'iOO each. Water Bonds of 1886— Nos. 314,228, 155,177,368, 191, 268,175. 209, 232,195 and 283, at SLi^OO each. Water Bonds of 1887— Nos. 648, 473, 646, 841,502, 435, 418, 451 643 and 636, , at $1,1 00 each. Mou<id City (Mo.) School Di8trlct.—Boad Ca«— Bands 7, tl,l00 each, dated March 15, 1894, were called Nos. 6 aad for payment May 15, lotereet Qi. iUonnt Plea8aat Titwushtp, Bates County, Mo.— Bond for pavment June 1 of i^% bonds Nos. 13 to 22, inclusive, each for $1,000, dated June 1, 1897. Ghas. 8. Moore, Scat e Treasurer, Oregon. — Warrant Call under date May 19, called for payment all outstanding State warrants drawn on tbe Swamp L^nd Fund and itidorsed " Presented and not paid for want of funds." CaH.— C&U was made — Plattsburg (Mo.) School District-Bond CalL—dA was tor payment May 16 of 4^ $500 bonds Ncs. 7, Sand 9, m«de bearing date May 15. 1899. — Pulaski County (Mo.) SchooJ District No. 1.— Bowd Call. Interest ceased June 1 on $500 bond No. 8, dated May 21, 1895, District, Carroll Couuty, Mo.— Bond 30 on bonds Nos. 3, 4 and 5, each for $400, dated Aoril 30, 1900. Interest, 5}^%. was made for Scotland County, :^o.—Bond Call— payment May 6 of i^i bonds Nos. 48 to 61, inclusive, each for $1,000, dated May 24, 1897 Springtleld (Mo.) School DIstrict.—Bond CaZZ.— Call has been made for payment July 1, 1905, a': the Chemical National Bank, New York City, of 6% 10-20-y6ar (optional) coupon bonds Nos, 53 to 62, inclusive, each for $1,000, dated Kogard School Call. — iLterest ceased April CM Jaiy 1, 1892. Texas County (Mo.) School District No. 3,— Bond Call. A $100 bond (No. 2) carryiag 8^ interest and dated May 1, 1895, was called for payment May 13, Vernon Township, Clark County, M.o.—Bond Call.—Oa — May interest ceased on $100 bonds Nos. 59 to 83, inclusive. (P. 0. Vicksburg), Miss —Bond Call.— The County Treasurer has csilled for payment $2,000 Warren County Mississippi Vallc-y Ship Island Railroad bonds Nos. 136 to 155, Inclusive, issued Feb. 1, 1898. 1 Warren County & Web&ter County (Mo.) School District No. o.—Bond Call.— Call was made for payment June 15 of a 6i $100 bond (No. 1), dated June 15, 1903. Weir (Kan.) School District-Bond Ca« B. F. Rodda, Treasurer Board of Education, calls for payment July 1 bonds Nos. 14 and 15, series of 1895, each for $1,000. Winton Place (now part of Cincianati), Ohio.— Bond Ca/Z,— Certain bonds of this village, now a part of the city of Cincinnati, have been called for payment July 9. See item above under head of Cincinnati, Wise County, Tex,— Bonds Redeemed.-Thii county recently redeemed and canceled $12,090 5i bonds, reducing ita — ——— — : —— : a THE CHRONICLE. 2174 [ Vol. lxxx. Barton Heights, Ya.— Bonds Voted.— On April 18 this town voted to issue $15,000 internal-improvement bonds. The registered vote was 168, of which 104 were cast in favor of debt to |86,O0O, which amount has been refunded Into four per cents, the new bonds, as stated in last week's Chronicle, being taken by the State Permanent School Fund. the bonds. Bond Proposals and Negotiations Battle Creek, Mich.— Bond SaZe.— On June 12 the $15,000 sewer bonds described In V. 80, p. 2414, were awarded to W. J. Haves & Sons, Cleveland, at 102*12 and interest— basis of about 8'813!g. Following are the bids : For i% Boncls. Seasongood & Mayer, Clncin.$15,175 25 W.J. Haves*. Sons. Cleve.. $15,318 00 Farson. Leach & Co.. Chic. 15,175 00 this week have been as follows AbbeTllle (Town), La.— Bond O^ering',— Proposals will be 3, by the Board of Aldermen, for $40,0J0 5% water-works, sewerage and eJeotricllght bonds. Authority, election held March 28, 1906. Denomination, . . . Trowbridge &NiverCo..Chlc. 16,807 00 Cent. Nat. Bli.. Battle Creefe. S. A. Kean, Chicago 15,300 00 Browne-Ellinwood Co., Chic. H. KlevboUe & Co., Cinotn... 15.292 00 Seltzer & Co.. Toledo Mason. Lewis & Co., Chic... 15,230 00 Vf. B. Moss & Co.. Detroit.... N. W. Halsey .St Co. Chicago. IS.idO 00 For iJ6)t Bondi. N.W.Harris & Co., Chicago. 15,188 00 W. R. Todd & Co., Clnolnnatu received until 12 M., July at the office of the Town Treasurer. $4, COO in 1910, 1 as follows 86.000 in 1915, |6,0CO in 1920, $8,000 in 1925. $8,000 in 1930 and $8,000 in 1935. Certified check for $2,000, payable to the Mayor, required. $500. Interest annuany Maturity part yearly on July : jail — 31, 564, authorized the igsuanoe of |17,000 — bonds. AkroD, Ohio. Bond Sale.— The City Council has authorized the issuance of $12,000 Spicer Street paving, $8,300 Arch Street paving, |1,800 Jewett Street sewer and $2,200 Rhodes Avenue sewer bonds. These bonds have been taken by the Sinking Fund Trustees. Albany, ^a.— Bonds Fbfed.— This city on May 30 voted to Belle Plaine (Ean.) School District.— Bonds Defeated.— election May 22 resulted in the defeat of the proposition to issue $7,000 school-house bonds. Belleyue, Ky. Bonds Proposed. The issuance of $40,000 scbool bonds is being considered by the City Cotjncil. Beverly, Mass. Temporary Z.oan.— This city recently awarded a temporary loan of $125,01)0 to Loring, Tolman Tupper of Boston at 3*13;^ discount. Loan is dated June 7, 1905, and will mature in five months. Billings, Mont.— Bond Halc-Oa June 6 the §15,000 10-20year (opt-iooal) funding bonds described in V. 80, p. 1747, were awarded to Rudolph Kieybolte & Co., Cincinnati, at 101 '38 and accrued interest for 4J^ per cents. Binghs.mtoii, N. Y.— Bonds Vottd.—On June 2, by a vote of 538 to 513, this city authorized the issuance of $85,000 sewer bonds. Date of sale not yet determined. BirmlDgham, Mich.—Bonds Foted.— This village recently voted to issue $2,500 bonds for the extension of water mains. Blnffton, Ohio.—Bonds Defeated.— It is stated that on May 8 this place, by a vote of 71 to 278, defeated a proposition to issue $8,006 sewer bonds. Boise, Idaho.—Bonds Authorized.— The City Council has authorized the issuance of $106,681 bonds for sewerage improvements. Boise City (Idaho) School District.- Bonds to be Issued. We are advised that the district will shortly issue about $60,000 bonds for two school buildings to replace the school nonse and site recently sold to the State for Capitol purposes. Boouville, 3ILo.—Bond Sale.—On June 15 $75,000 4« 5-20year (optional) water bonds were awarded to the People's Bank of St. Louis. Denomination, $1,000. Date, July 1, Interest semi-annually at the National Bank of Com1905. merce, St. Louis. Boston, Mass.— Bond Ci#erinflf.— Proposals will be received until 12 M., June 20, by George U. Crocker, City Treasurer, for $3,900,000 33^^ registered bonds as follows issue $12,500 bonds for a high-school building— Douglas County also voting to issue the same amount. Albert Lea, Minn.- Bourfs Defeated.— This city on June 6, by a vote of 76 for to 260 against, defeated a proposition to lesue $10,000 5^ railway-aid bonds mentioned in V. 80, p. 2856. Allegheny, Pa. Bond Saie.— Following ceived for the $910,000 ii bonds as described in V. 80, p. 2356: (6 Issues) The — & are the bids re- offered on June 12 A Mayer, Cln.. .1952,087 50 Blodgec, Merrltt &Co., Bost. 911,941 00 SeasonKOOd Pittsburgh Tr. Co., Pitttb'g.|967.9a0 00 Dealson, Prior & Co., Cleve952,087 50 land and.Boston.. Alliance (Ohio) School District.— Bond Sale,— On June 5 the $8,000 i% 1-8-year (serial) school bonds described in V. 80, p. 1931, were awarded to the City Savings Bank & Trust Co., Alliance, at 100'325 and accrued interest. Following are the bids Cit7 Savings Bk. Alliance & Trust Co., I $8,023 00 | Alliance Back Co., Alliance.. $S,025 00 Co., Cleve. . 8,006 00 Hayden, Miller 4 . Amarlllo, Tex. Bond Election,— The City Council has ordered an election for June 30 to vote on the issuance of |10,000 fire-department bonds. Ansoaia, Conn.— Bond Q^ering, —Proposals will be received until 12 M,, July 17, by the City Clerk, for $70,000 4=i school bonds. Denomination, $1,000. Date, July 1, 1905. Interest, semi-annual. Maturity, $8,000 yearly, beginning July 1, 1908. Argentine, Kan.— Bonds Proposed.— This city is contemplating the issuance of bonds to fund the outstanding warrant debt. Asheboro, N. C.—Bond Election.— An election will be held June 80 to vote on a proposition to issue $10,000 schoolbuilding bonds. Ashland, Ohio.— Bonds Autfwrized.—The City Council on May 18 passed ordinances providing for the issuance of $14,700 5i Cleveland Avenue and $7,500 5% Pleasant Street bonds. Atliena, Ore.—Bond Sale.— On June 5 the $16,000 5% 10-20year (optional) water bonds described in V. 80, p. 2232, were awarded to Morris Bros. Christensen, Portland, at 100*681. No other bid received. Date of bonds, July 1, 1905. Aabnrn, N. Y,— Bonds Authorized. Loans to construct subways or conduits are authorized by Chapter 475, Laws of : $100,000 for rapid transit. East Boston Tunnel, payable July 1. 1945. Authority, Chapter 648, Laws of 1894: Chapter 500. Acts of 1897; Chapter 190, Acts of 1903, and Chapter 187, Acts of 1905. 100,000 for Cambridge Bridge, payable July 1, 1945. Authority, Chapter 467, & Acts of 1898. — 800.000 for sewerage works, payable July Aurora, Ont.— Debenture Sale,— On June 5 $4,484 64 5^ local-improvement debentures were awarded to Wood, Gundy & Co., Toronto, at 105*027. Following are the bids Wood, Gundy & Co.,Toronto. $4,710 00 Canadian Securities Co $4,670 00 G. A. Stlmson & Co., Toronto. 1,701 00 Bronse, Mitchell & Co 4,658 50 Wm. C. Brent, Toronto 4.688 60 Dominion Sec. Corp., Mont'l. 4,«29 00 Ontario Securities Co 4,672 89 H. O'Hara & Co., Toronto. 4.515 00 Avalon, Pa.— Bonds Voted and Defeated.—The election June 8 on four bond propositions resulted as follows: I | I for street bonds for bonds for bonds for . . . improvements. Vote, 66 for, 69 against. health department. Vote, 85 for, 46 against. bridges. borough Vote, 76 for, 53 against. improvements. Vote. 71 for, 67 against. hail Ballard, Wash.— Bonds Voted.—Thia city on May 27, by a vote of 99 to 33, authorized the issuance of bonds to take up outstanding warrants. Baltic (S. D.) School District.— Bonds Fofed.—The issu anoa of $2,500 building Donds has been authorizad by the voters of this district. Bangor, He.— Bond Offering.— W. J. Brennan, City Treas- urer, will receive proposals until 10 a. m. Jane 20, for $500,000 4% coupon refunding water bonds. Denominations, $500 and $1,000. Date, July 1, 1905. Interest semi-annually in Boston. Maturity, July 1, 1985. Certified check for $2,500, payable to W. J. Brennan, City Treasurer, required. Bangor, Wis.— Bonds Poted.— At a special election held 10 this village, by a vote of 95 to 88, authorized the issuance of $4,800 village-hall and fire-engine-house bonds. Barry County, Mo.— Bonds Defeated,— It is stated in local papers that the proposition submitted to the voters on April 22 to issue $45,000 court-house bonds failed to carry. 1935. Authority, Chapter 426, 1945. Authority, 1, 1945. Authority, 1. Denomination, $1,000 or multiple thereof. Date, July 1. Interest semi-annually at the office of the City Treasurer. Certified check on some Boston national bank (or cash) for 1;^ of the amount of bonds bid for, payable to the city of Boston —Geo. U. Crocker, City Treasurer— required. Bratenahl, Ohio.—Bond a/erXng.— Proposals will be received until 12 M., July 10. by Clliford A. Neff, Village Clerk, for $3,650 82 fi% Brighton Road assessment bonds. Denomination. $500, except one bond for $150 82. Date, July 1, Maturity, $500 on Sept. 1, 1906, 1905. Interest, semi-annual. and also on Sept. 1, 1907; $1,000 Sept. 1, 1908; $500 Sept. 1, 1909, and $1,150 82 Sept. 1, IfllO. Breekeinridge, Ao.— Bonds Authorized —The issuance of ,000 f^i coupon electric-light-plant bonds has been authorDenomination, $500. Date, July 1, 1905, Interest, ized. semi-annually at the Exchange Bank, Breckenridge. SecuriThis city has no bonded debt ties are exempt from city tax. at present. Assessed valuation, $265,000. Date of sale not : $30,000 8,500 6.000 2.000 1, Acts of 18U7, and amendments. 1,400,000 for Boston Tunnel and Subway, payable July Chapter 531, Acts of 1902. 1,500,000 for land and buildii gs for schools, payable July order of City Council approved May 24, 1905. 1905. 1 15,800 00 school bonds. Bay City (Texas) School District.- Bonds Fofed.— It is stated that this city recently voted to issue $31,000 schoolhouse bonds. Bay St. Louis, Miss.— Bonds Proposed. The issuance of $5,000 additional city-hall bonds is being considered. Beanfort, N. C.— Bonds Voted. It is stated that this place has voted bonds for the purchase of a site for a hotel to be donated to some person, firm or corporation who will construct and maintain a modern hotel. Bellefoutaine, Ohio.— Bonds Authorized.—Tiie City Council on May 23 passed an ordinance providing for the issuance of $50,000 electric-light-plant bonds. Addystoii (Ohio) School District— Bonds Defeated.— This on May 16, by a vote of 56 to 186, defeated a proposition to issue $6,000 school-house bonds. Bonds Fofed.—This county on May 00 00 00 80 Bay City (MJch.) School District.— Bonds Authorized.— The Board of Education on May 19 voted to issue $50,000 district Adair County, Mo. by a vote of 1,182 to 15.175 15,167 18,165 16,000 determined. Brighton (111.) School District.— Bonds Defeated.— At the recent election a proposition to issue $8,000 school bonds failed to carry. Broadbay Township, Forsyth County, N. C.— Bonds May Fofed.—This township on May 9 voted to issue $15,000 bonds Southbound Railway. Brookside, W. Ya.—Bond Election.— It Is stated that an election will be held June 24 to vote on the question of Issuing $3,500 water and sewer bonds. in aid of the \ — —— : June — — Buffalo, N. : THE CHRONICLE. 17, 1905.] Y,—Bond O^ering.— Proposals until 13 M., Jane 24, by for the following bonds. — — Frank T. will be received Gilbert, City Comptroller, Lamprecht about 3'90sf. 2475 Bros, & Co., Cleveland, at 105'548— a basia of Following are the bida : S?n.2n" 00 Lamorecht Bro8.&Co..Cleve.$26.3S7 00 Weil. Rot h & Co.. Cincin N. W. Halsey ACo.. N. V.... 2rt,Hl7 00 Union Sav. Bk. * Tr.<"n cm. 2ri.IH7 •so w. J. Hayes & Sous., Cleve. vrt.307 do Sec Sav. Bk.^ Tr. Co. .Toledo. iO.l^S Oo ttJ." 100 Seasontooa & Mayer, Cincin. 26,297 00 F. L. Fuller & Co., <"i eve w. K. Toid & Co., Cincii' ... 2-,00ii 0<i Denisou, Prior & Co., Cleve26,2f5.'i0 Browne.Ellinwood &Co.,Chlc )i5,»J3 00 Una and Hostoo Hayden, Miller & Co., Cleve. 26,235 CO Date o' b >hdd, June 13, 1905 . IIOO.COO 3>i< 1-10-year (serial) registered (non-taxable) refunding water bonds, dated Jnlyl. 1906. Interest semiannually at the office of the City Comptroller, or at the Gailatln National Bank, New York City. 100,000 3Ht I-80-year (serial) resistered (non-tax»ble- refunding water bonds, dated July 1, 1»K)6. Interest seml-annnally at the office of the City Comptroller, or at the Gallatin National Bank, New York City. 160,000 3J^% 1-20- year (serial) registered abatement-o(-nulsance bonds. Date, July 1. 1906. Imerest seml-Bnnnally at the office of the City Comptroller or at the Gallatin National Bmk, New York City. 110,208 36 i% monthly-local-work bond, -dated June 1, 1905, and maturing June 1. lyotj. Separate bids to be made for each issue. Certified check for 2% of the amount of bonds bid for, payable to Frank T. Gilbert. City Comptroller, and drawn without conditions, required. JUond Bill Vetoed,—The Governor on Jane 2 vetoed a bill permitting Bnffilo to ;sme bonds to secure a site for the proposed new union railway station. The Governor in his veto expressed his opposition to the practice of giving municipal aid to railroads, and holds that the proposfid measure practically nullifies Article 8, Section 10, of the State Constitution, which prohibits the loaning of money or credit to or in aid of any corporation. Butler, Fa, Bonds Authorized.— It is stated that the Borough Council has decided to issue $2l),000 i% bonds, are advised that of the Cantou, Ohio. Bond Sale.— three issues of 5s 1-5-year (ferial) street bonds, aggregating |69,5C0, cfifered on June 5, $54,1(J0 were awarded to D.-cison, Co,, Cleveland and Boston, for |162 80 premium and Prior |5,40O to William Rittsnaugh of Canton for $144 premium. Carroilton. 0.— 5ij?.d £^eciion.— An election will be held to-day (June 17) to vote on the question of iesulng $15,000 electric-light-plant bonds. Cedar Springs, Mich. Bond Election,— An election will be held June 19 to voie on the question of issuing bonds for We & . Cleveland (0.) School Hiatrict.— Bonds Awai d-.d.—Oa June 12 the $300,000 4% bond^, proposa's for whicti were opened on Jane 7 (see last wewk'n chronicle, page 2415), were awarded to D.-nison, Prior & Co,, Gievelai'd, Farson, Leach & Co,, Chicago, and SeasotigooJ & Maj'er, Cmcinaati, the highefct bidders, at 100 533. Bonds Fo^ed,— This city on Jure 6, by a Cliltuit, Texas. vote of 66 to 17, antbor.zid the i^suauoe of |8,G00 water works bonds, Prcposfjla will be r^^-fiived Clinton, Jttlnn.— Bond O/Zeriwy until 8 P M., July 8, by J. L. Erickson, President ViUage Council, for $6,000 b% 20 year water-wariii? bonds. Authority, vote at election held June 6, 1905, Denomiaatioa, $1,000. F. W. Watkins is Village Recorder. Coahoma Comity (P.O. Ciur&sdale), Miss.-Bonds Proposed.— The issuance of $100,000 road and bridge bonds is being considered. — Coiiinwood (Ohi*) School District. Bonds Defeated,— election was held on May 11, wnea a proposition to issue $100,000 high-school- baildiog and repair bonds failed to carry. Colorado JSpriugs, Col«u— Bones Proposed. —The issuance An of 1340,01)0 i% bonds to refund securities now subject to call or which will btcome subject to call in the near future is being considered. Columbus (0.) School Dist.— Bond Q^ertng.— Proposals will be leceived until 12 m., July 3, 1905. by the Board of Education, for $25,000 4* 20-year bonds. Denomination. $1,000. Date, July 1, 1905. Interest semi-annually at the National Park Bank, New York City. Certified check on a local bank for $1,000, payable to the Board of Education, required. Conditional bids will not be considered. J. A, Williams is Clerk Board of Education. loan of $10,000 was Concord, 'S!L&%^.— Temporary Loan. recently obtained from Lorlrg, Tolman Tnpper of Boston Loan matures in six months. at 3 '15% disoouat. improvements. Cedartown, Ga. Bonds Voted and Sold.— The issuance of $7,500 school-improvement bonds was authorized at the election held May 26, These bonds, it is stated, have been sold to Robinson-Humphrey Co. of Atlanta at 113'125. A Champion and D^muurk (Towns) School District No 2, & Jefferboa and Levris Counties, N. I. Bond Offerina.~Pioposals will be received until 2 p. m., June 21, by the Board of Cook (Neb.) School District,— Bonds Defeated— Bond EkeEducation at the store of Charles A. Beyer, West Carthage, for $28,000 school-building bonds at not exceeding 4% interest. tion Proposed.— At a recent election a proposition to issue Maturity, $1,000 yearly on Nov. 15 from 1905 to 1909, in- school bonds was defeated. According to local reports anew clusive; $l,50O yearly on Nov. 15 from 1910 to 1923, inclusive, petition is being circulated asking the School Board to call and $2,000 on Nov. 15, 1924. This district has no bonded a new election. Cornwall, Ont.—Dtbenture Sale.— On May 20 this town debt at present. Assessed valuation (est.), $500,000. Charleston (W. Ya ) Sch, District.— fiond Sale.—Oa Jane awarded to Wood, Gundy & Co., Toronto, $8,0C0 4^^^ high10 the $5,000 4^^% coupon building bonds described in V. 80, school debentures, $5,000 4}4% water-works-extension debentures and $1,456 4>^^ consolidated debentures at 101-772 and p. 2232, were awarded to W. R. Todd & Co., Cincinnati, at accrued interest. Following are the bids 100"20. No other bids were received. Cheney, Spokane County. Wash.— Bond Ojferifigr.— Pro- Wood, Gundy & Co., Toronto.H4,712 25 H. O. Hara & Co.. Toronto... $14,610 00 Wm. C. Brent, Toronto 14,628 50 U. A. Btimson & Co., Toronto. 14,609 00 posals will btJ received until 7 p. m,, June 24, by A. L, Ames, Dominion Secu rities Corp. 14,524 00 iSmillas Jams & Co.. Tor... 14,501 00 City Treasurer, for $8,000 reiunding bonds at not exceeding Covington, Wa.— Proposed Bond Election.— It is stated in ^% interest. Date, July 1, 1905. Interest, semi-annual, Ma- local papers that this city will soon hold an election to vote turity, July 1, 1920. Certified check or bank draft for 5^ of upon the question of Issuing $46,G00 electric-light-plant street — : . . . amount of bid, payable to the Treasurer of the city of Cheney, required. Chetopa, Kan.— Bonds Fo<cd.— This place recently voted to issue bonds for a water-works system and an electric- light the plant. Cheyenne (Wyo.) Sch. District No. 1.— Bond Sale.— On June 10 the $b5,000 4^ 10-30-year (optional) refunding bonds described in V. 80, p. 2357, were awarded to the State of Wyoming for $35,100 and interest for 4 per cents. Following are the bids For 4 Per Cents. State of Wyominif 135,100 00 E. H. Rollins & Son8,Denver. 34,800 00 M. Marks,ICheyetme 8,050 60 I I I | For i]4 Per Cents. B. H. Kollins & Sons. Denver.|33,74T 50 N. W. Harris & Co., Chicago. 35,402 00 First Nat. Bank, Cheyenne.. 85,000 CO Cincinnati, Ohio.— Bonds Authorized.— The City Council 22 passed an ordinance providing for the issuance of $8,000 4i 1-year coupon emergency bonds dated July 1, 1905. Clarkston (Wash.) School District.—Bond .fi?/ee«on.— It is stated that an election will be held in this district to vote on the question of issuing |8,000 school-house bonds. Clearfleld (Iowa) Sthool District.- Bonds Defeated.— The propsition to issue $6,000 school-house bonds failed to carry at the election held May 15. Cleveland, Miss.— Bond 8ale.—0a June 8 the $12,000 5% 10-20-year (optional) conpon municipal school bonds described in V. 80, p. 1966, were awarded to the Oklahoma Bond & Trust Co., Gachrie, at par and lithograph bonds free of charge. Cleveland Heights, Ohio.— Bond Q/TeriNp,- Proposals will be received until 12 m., July 11, by Wm. G. Phare, Village Clerk, Fairmount Pes'-. Office, or at bis oflBice No. 402 American Trust Building, Cleveland, for the following bonds on May : $33,728 5S coupon Mayfleld Koad assessment bonds. Dencmination, *I,OOP, except one bond for tlzS. Maturity yearly on Oct. 1, i:i,00o in 19G6, 19u7, 1009, 1«10, lt*li and 1914; |4,000 in 1908, IHll and 19i3; $3,728 In 1915. 7,172 6? conpon Mayfleld Road (city's proportion) bonds. Denomination, $25'), except one bond for 272. Matnrliy, $760 yearly on Oct. 1 from 1906 to 1914, inclusive, and 1522 Oct. 1, 1915. 1 and Oct. 1 at the cflBce of the Village Accrued Interest to be psiid by purchaser. Cercheck for 10% of the amount of bonds bid for, payable Interest, April Treasurer. tified to the Village Treaaurer, required. Bo7. d 5'a^e.- On Jane 13 the $25,000 41^?; coupon waterworks bonds desorioed in V. 80, p. 19S6, were awarded to bonds. Crawford County (P. 0. Deuison), Iowa.— Bond Sale.— On June H 5-10 year (optional) additional court6 the $40,000 house bonds described in V. 80, p. 2357, were awarded to the Bank of Denison at 100*75, Following are the bids Bank of Denison. Denison... $40,800 CO N.W. Halsey & Co., Chicago.. $40,106 00 J. V. O'Brien <k Co., Boston.. 40,275 00 N. W. Harris A Co., Chicago. 40,056 00 First Nat. Bank, Denison 40,200 00 Farson. Leach & Co. .Chicago. 40,015 00 Q.M. Bechtel.A Co., Dav'p'rt. 40.175 00 Thos. J. Bolger & Co.. Chic. lO.OOO 00 I I I 1 Crawfordsville, Ind.—Boni Sale.— On June 13 $15,000 4jC refunding bonds were awarded to J. F. Wild Co., Indianapolis, for $15,555. Denomination, $1,000. Date, July 1, luterest semi-annually. Maturity, $2,000 July 1, 1910, 1905. $2,000 July 1, 1911, $3,C00 July 1, 1912, $3,000 July 1,1914, $2,000 July 1, 1915, $2,000 July 1, 1916, and $2,000 July 1, & 1917. Creston, Ohio.— Bond £/ec<ton.— An election will be held July 3 to vote on the question of issuing $20,000 water and light bonds. Crystal Falls (Mich.) School District.-Bond Sale.— It is stated that the $40,000 sohool-buildlog bonds mentioned in last week's Chrojjicle have been sold to the Iron County National Bank of Crystal Falls. Cumberland County, Tenn.— Bond Q^ertngr.— Proposals will be received until County Judge, and U. p, M,, S. Rice, 1 July 1, by W. A. Hamby, County Court Clerk, for $25,C00 5^ courc-honse bonds. Denomination, $500. Interest, semi-annual. Maturity, July 1, 1925. Optional after July 1, 1915. Danville, \&.—Bond Election.— An election will be held to vote on the question of issuing $50,000 i% 30-year street-paving bonds. Dedham, Mass.— Bond O^ering.— Proposals for the following notes will bs received until 8 p. u., June 20, by E. A. Brooks, Town Treasurer: $5,000 4% street notes. Dated when issaed. Maturity, $1,000 annually, $5,000 4% engine-bouse notes. Dated when issued. Maturity, $1,000 annually. $20,000 tax note. Dated when Issued. In one note payable on Nov. a, 1905. Interest on the street and engine-house notes will be payable semi-annually at National Shawmut Bank, Boston, or June 20 by check mailed to holder. Dothan, Ala.— Bond Election.— An election will be held June 19 to vote on the qaestlon of iesulng $20,000 water and light bonds. These securities will take the place of the $20,- : a : THE CHRONICLE 2476 000 bODds which the to^sn has been cflftring for some time, certain changes in the iesue necf s^ltating a ntw election. Dcngherty C<;uiitj (P. 0. Albanj) iiti—Eondi VoUd.This county on May 80 voted to Issu-* §12,500 hoods for h dhw high school building—the city of Albany also voting a like amount for the same purpose. Dowler Free Tarflvike No 51, Tan Wert County, Ohio Bond Offering. Proposals will be rt^ceived nntil June 31, at the law office of Blachly, Priddy & Kerns, Van Wert, for |5,500 43^< oonpon road-improvement bonds. Authority, Chapter 7, Title 7, of the Revised Statutes and Section 4808. Denominations, eleven for $200 atd eleven for |3C0 each. Date, July 1, 1905. Inter eat March 1 and Sept. 1 at the cffice of the County Treasurer. Maturity, $2C0 on Sept. 1 in each of the years 1907, 1910, 1911, 1923 and 1924; $400 on Sept. 1 in the years 1920, 1921 and 1922, and |800 on Sept. 1 in each of the years 1908. 1909, 1912, 1918, 1914, 1916, 1916, 1917, 1918, 1919 and 1923. Certified check for $300, payable to the Rgad Commiesioners, required. Bids must be unconditional. Blank bonds to be furnished by the purchaser free of charge. Downey fligh School District, Ca\.— Bonds Fo^cd.—This district on May 29, by a vote of 254 to 117, authorized the isEuance of |20,000 bonds. Dyer, Tenn.—Bondi VoUd.—ThlB place on June 3 voted to issue $5,000 school bands. Eatt Palestine (O.)ScIiool District— Bond Offering— Preposals will be recpived until 12m., July 7, by H. J. Fraser, Clerk of Bo£rd of Education, for $19,000 5% coupon schoolbuilding bonds. Authority, Revised Statutes, Sections 8991, 3992 and 3S93. Danomination, $500. Date. Sept. 1, 1905. Interest semi-annually at the Treasurer's cffiae. Maturity, "$1,500 each year on and after 1908." Certified check for $5C0, payable to the Clerk of Board of Education, required. Bonded debt, excluding this issue, $46,000. are advised that the Edwardsdale, Pa.— flond ^sa/e. $10,000 improvement bonds voted at the election Feb. 21 have been sold to a Klngstcn (Pa.) bank. Elbetton, G&.— Bonds Voted— Bond Offering.— Thia city on June 5, by a vote of 803 to 5, authorized the issuance of $20,000 43^5f 20-year sewer bonds. Proposals will be received at any time by W. O. Jones, Chairman, for the private sale of these bonds. See V. 80, p. 2857. El&liart rounty (P. 0. Ooslien), Jni.—Bond Sale.- O June 8 the $50,000 5% f% year (average) court- honee bends described in V. 80, p. 1871, were awarded to J. P. Wild Co., iDdianapolis, at 108 05 and accrued Interest. Following are the bids J. F. Wild & Co., Ind'apolls. .$54,025 00 Denlson, Prior* Co., Clereland and Boston 162,503 76 B. D. Bnsh & Co.. Ind'apolls.. 58,760 00 52.400 00 Marion Tr. Co Indianapolis. 53,666 E5 City Nat. Bauk. Goshen K. M. Camt>bell4( o..lnd'll8. 68.61 00 Hoehler& Cummlngs.Toledo 68,352 60 Meyer & Kiser, Indianapolis. 53,600 00 T. J. Bolger & Co.. Chicago. 62,3i 00 62,255 00 Elkhart County Loan & Tr. Chas. S. Nichols 62.100 On 63,400 00 W. K. Todd ACo., ClnclD Co.. Goshen — — 2pm, — We & , IJ . 61,8^100 H. foffln, Chicago 6>.771 70 B. G. Schaefer, Goshen First State Bank, Elkhart.... 60,&u3 00 First Nat. Bank, Elkhart 50,000 00 f 3,000 CO P. A. Kean. Chicago... Weil, Roth & Co.. Cinclnratl. 62,858 00 W. J. Hayes & Sons, Clave... 62,82100 A. Kleybolte & Co., Clncln... 52.700 00 : C. Emily (Town) Crow Wing Connty, SLinn.— Bonds mt —The |2,0C0 bonds offered for sale on May 20 were not old, old. We are advised that application has been made to the State for this loan. Fanlk Connty (P. 0. Panlkton), S. Dak —Bond 8ale.~0a May 29 $5O,C0O court-house bonds were awarded to the State of South Dakota at par. Denomination, |1,C00. Interest, January and July. Maturity, twenty years, subject to call after five years. These are the same bonds awarded last February to N. W. Harris & Co. of Chicago, but which were gubsrquently refused by that firm on the ground that the queetlcn had not been legally submitted to the voters. Debenture Election.— It is stated that a byFeroie, B. law will be submitted to the voters providing for the issuance of $1(0,000 water- works debenlurep. Fott Bragg Union Higli Scliool District, Mendocino County, Cal.— Bond Saie.- Oa June 6 the $17,000 ti^« 1-17year (etrialj coupon bonds described in V. 80. p. 2387, were awarded to the Union Trust Savings Bink, Santa Rosa, at 107*276 and accrued interest. Following are the bids 1 H C— : Union Trust Sav. Bank, Santa Santa Rosa Nat.Bk., Santa Rosa.$18,020 Rosa $18,237 Adams-Phillips Co., Los Angeles 17,025 I I Fort Worlli (Texas) School District.- Proposed Bond Election.— The Board of Education has asked the City Couacil to call an election for the purpose of voting upon a proposition to issue $75,000 bonds for new school buildings. Franklin (Ind.) School District- Bonds Defeated.— Thia district on May 23 defeated a proposition to issue $50,030 highschool building bondp. Fremont, Ohio.— Bonds Votid.—Tlu city on June 5, by a vote of 872 to 95. authorized the ipsuanoe of |?0,000 fire-department bonds. Date of sale has not as yet been determined, Bond dale.- Oa June 12 the |14,0J0 i%i West State Street pavine bonds described in V. 80, p. 2357, were awarded to the Fremont Savings Bank Co. for $14,335. Following are the bids Frtmont Savings Hank ro...|14,H35 00 Hoehler ACummlugs, Toledoll4,176 60 I L»mDreohlBroe.&Co.,OleTe. W J. 14,'i24 00 Cleve... 14,221 00 iiayer, Clncln. 1«,195 OJ Uayo« A.Sons, Seasongood n | I Weil, Koth atCo. Cinoln 14,160 00 K.Todd * Co., Cincinnati. 14,075 00 [Vol. lxxx. Minnesota Loan & Trust Co., MtrneapoUs. for $S,240, Dencmination, $1,000. Date, Julv 15,1905. lateres!', semi-antUHl. Maturity, 1921. Gajlord, Sibley Couaty, Minn —Bond O^ertngi.— Proposals will be recti ped until 1 p. m July 1, by the Village Council, W, G. Comnlck, Prestdent, ftr $9,000 5% 10-year funding bonds. Authority, vote at election held June 6, 1905. Denomination, $1,000. Interest, annual. L. G. Becker is 'Village Recorder. Giravd (Ohio) School Difetr iet.— Bo«d Sale.— Oa June 2 the $a8,000 5% school building bonds described in V. 80, , p, 1932, were awarded to F. L. Fuller & Co., Cleveland, at 111'33. tlloacester City, N. J.— Bond Bti.-Ooly one bid, that of par and accrued interest, was received for the t5 ).C00 4,i funding bonds offered for sale on June 12. This bid was held under advisement. Date, June 1, 1906. Interest, semiannual. Maturity, June 1, 1915. Grand Island, Neb.— Bonds Propoacd.— The question of issuing 135,000 light-plant bonds recently came up in the City Council, but nothing has hs yet been done iu the matter, Granite (P. 0. La&tr op), Minn.— Bond Safe.— On June 6 the 11,000 6;? coupon funding bonds described in V. 80, p. 2233, were awarded to the National Bank of Flint, Mich., at 1006D. Great Bend (Kan.) ScIiool District.- Bonds Voted.—This on May 23 by a vote of 149 to 99 authorized the is- district suance of $14,000 school- house-addition bonds. Green Bay, Wis.— Bond Oj'erirgf.— Proposals will be received until 2 p. H., June 28, by the Committee on Finauce of the Common Council, for the following bonds : $12,000 i% bridge bonds, maturing $1,000 yearly from 1914 to 1925. inclusive. 6,000 A% refunding bonds, maturing $1,000 yearly from 1921 to 1925, inclusive. Denomination, $1,000. Date, Jan. 1, 1905. Interest, semiannual. Certified check for $250 on some "Wisconsin national bank required. Purchaser furnishes blank bonds free of charge. Greenville, S. C.—Bond Offerinq.-PTODOBals for the $125,000 i%% coupon bonds to pay off floating debt and for street and sewer improvements described in V. 83, D. 2416, will be received until 6.30 p. M., July 1, by W. B. McDaniel, City Clerk. Denomination, $1,000. Date, July 1, 1905. Interest seml-anLually at some bank or trust company in the cities of New York, Boston, Chicago or Cincinnati, at the option of the purchaser. Maturity, July 1, 1935. Bonds are exempt from city tax. Certified clieck for 3^ of the amount bid for, payable to the Treasurer of the city of Greenville, required. Securities will be certified as to their ganuineaess by the Inter- State Trust Co., Greenville. Bended debt, including this issue, $318,500. Assessed valuation, $3,465,662; actual valuation, $10,500,000. Gaelph, Ont.—Dtbenture Election.— An election will be held June 24 to vote on a by law providing for an extension to the gas plant at an estimated cost of $65,000, Debenture Offei ing.-FroTpoa&lB will be received until 1 p. M., June 19, by Richard Mitchell, City Clerk, for the following det)entute8 $7,000 4^< 80-year water-works debentures. 23,000 iii% 30- year Collegiate Institute debentures. 3a.000 «H!l 30-year Radial Railway Company debentures. : Bay School District, San Mateo Connty, Cal.— Election. The election to vote on the questiau of issuing the $iO,000 school bonds mentioned in last week's Chronicle will be held to-day (June 17). Hamilton (Town), BaYalli County, Mont.—Bond Offering, July 3 at 10 A M, tbe Town of Hamilton will sell at public auction at the fire engine-house $10,000 5^ 10-20-year (optional) city-hall bonds. Denomination, $1,000, Interest, Jan, 1 and July 1, Richard C. Parmenter is Town Clerk. Hamilton Connty (P. 0. Cincinnati), Oliio.- Bond Offering.— Pxo'()OB2t\R will be received until 12 m., July 7, by the County Commissioners C. C. Richardson, President, and Geo. C, Zimmerman, Clerk— for $50,000 3>^« 'County Insane Hospital imprcvemisnt" bonds. Denomination, $500. Date, July 1, 1905. Interest semi-annually at the office of the Ccuaty Treasurer. Maturity, 50 years, subject to call after 25 years. Certified check for $500, payable to the Treasurer of Hamilton County,' required. Bond O^eringr.— Proposals will be received until 12 M,, July 14, by the County Commissioners— C, C, Richardson, President, and Geo, C. Zimmerman, Clerk— for $6,000 i% Haifriioon Bond — —Oa — "County Infirmary improvement" bonds. Danomination, Date, July 15, 1905. Interest semi-annually at the Maturity, July 15, 1915. cflSoe of the County Treasurer, Certified check for $100, payable to the Treasurer of Hamilton County, required, $500, Scliool District, Mercer Connty, election will be ht?ld June 20 to vote on the question of Issuing $7,500 20-25-year scbool-house bonds. This will be the second time this proposition has been submitted to a vote; the first election (which was held May 16), although resulting in a vote of 11 for and none against the proposition, was not approved by the Attorney- Humiltjn Township N. i.—Bond Election.— An \V. | Fulton, N. Y.—Bond Sale.— Oa June 10 the $15,000 i% registered aewer bonds described in V. 80, p. 2416, were awarded to W. J. Hayes & Sonp, Cleveland, at 104 13 and accrued interest. Bonds mature |5,t03 on January 1 of each of the years 1920, 1925 and 1930. tiates Connty, Wis.— Bond Sale.— An ieaue of $8,000 il^i jill and sheriff's residence bonds has been awarded to the Hampbhire, 111.— Bonds Authorized.— This, village has authorized the iseuance of the $3,000 5^ coupon sidewalk bonds voted at the election held April 18, 1905. Denomination, Date, June, 1905. Interest annually in May at Hamp$600, shire, Maturity, $600 yearly on May 10 from 1907 to 1911, inclusive. The village has no debt at present. Assessed valuation, $100,000. See V. 80, 1748, C, H, Klick is Village Clerk. — — June — : THE CHRONICLE. 17, 1905.] 2477 Idaho Springs, Colo.— Bond 0#eringf.— Proposa's will be Hancock Connt? (P. 0. New Cumberland), W. Ya Bondi Not Yet Sold.— Bond Offering.— The $125,000 i% cou- received until 8 p. m,, July 6, by Charles Brandstetler, ,City pon road-improyement bonds oflEered without success on Clerk, for $75,000 5% coupon water-works bonds. Autho rity, April 18 have not yet been sold. Proposals for the private sale election held June 14, 1904; vote, 58 to 14, Datioaiinations, of theee bonds will be entertained at any time by Armor S. seventy bonrts for $f>00 each and forty bonds of $1,000 each, Date, Sept. 1, 1904. latflresc, semi-annually at the office of Cooper, Bond Commissioner. See V. 80, p. 1384, for descrip City Treasurer, or at Kiunfze Broa., New York City. Mation of bonds. Hardin Conntj (P. 0. Konntze), Tex.— Bonis to he Issued. turity, Sept. 1, 1919, optional afer Sept. 1, 1914. Certified —This county, county it is stated, will issue |40,000 bonds for a new check The jail. Harrisbnrgr, Pa.—Bond OJfmnfli.— Proposals will be received until 3 p. M., June 20, by Henry W. Gough, City Comptroller, for $218,400 i}>i% coupon public-improvement bonds. Authority, Act of Legislature April 20, 1874, P. L. Denominations, |100, |500 65, and supplements thereto. and $1,000, at the option of the buyer. Date, March 1, 1905. Maturity, $36,400 yearly on Sept 1 from 1630 to 1935, incluCertified check for 2% of the amount of bonds bid for, sive. payable to the City Treasurer, required. Securities will be certified as to their genuineness by the Halted States Mort- gage & Trust Co., New York City, and their legality approved by John G. Johnson, Philadelphia. Assessed valuation, $32,094,465; actual valuation (estimated), $43,000,000. Harrisbarg (Pa.) School District.—Bonds Re-awarded.— $85,000 4% school bonds awarded on March 20 to E. H. BoUins & Sons, Boston (see V. 80, p. 1193), have been refused by that firm and the bonds re-awarded to Trowbridge & Niver Co., Chicago, at 104 82. The for $1,OCO, payable to the City Treasurer, required. legality of the securities has been approved by Albert E, Present bonded inddbtedness, Greer, Attorney, Denver. Assessed valuation, $335,000; actual valuation (estimated), $2,500,000. Indianapolis (Ind,) School District —Bond Sale,— On June 13 the $50,000 2}4i 33-year coupon bonds described in V. 80, p. 1987, were awarded to J. F. Wild Co., Indianapolis, at 103*713— a basis of about 3 31»^«. Following are the $13,000. & bids: WUd & Co.. Indlan'lis...f51,856 00 R. L. Day & Co.. Boston 850,890 00 an. Bash ACo..lD(llan'lls... 61,P28 00 Newton Todd, Indianapolis.. 60.840 00 J. F. I Marlon Tr. U Co., IndianapollB. 61,317 I Indiana Tr. Co.. Indlan'lis... 60.618 87 & Co.. Cinoln. 61,010 00 Meyer & Kiser. Indianapolis. 60,l')7 50 Iionton, Ohio.— Bond Safe.— The highest bid received June 6 for the three issues of 5^ 20 year bonds, aggregating $44,5C0, described in V. 80, p. 1932, was that of Saasongood & Mayer, Cincinnati, at 112-586 and interest a basis of about 4'087^. Following are the bids H. Klejbolte . . | — ISO.OCO JIO.OOO Bonds. Bon(U. Seasoneood & Mayer, Cincinnati.. $33,776 80 33,42100 Well, Roth & Co., Cincinnati Ili.'-^SSeO 14.500 MotuUi. 37 5,10700 5,010 60 6,017 50 4,9t5 lO $.5.069 For all the Bonds. 160,100 77 Harrison, MLIcli.-Bond Sale.— On May 15 the following 11,14!00 49,67000 00 4»,727 60 11,153 00 bonds were awarded to L. Saviers & Co. at par $^,000 5% Prov. Sav. Bank & Tr. Co., Cincln. 83.4R4 83,45000 11.160C0 F. J. Harsbal, Ironton 49,617 55 street bonds, $2,000 Hi sidewalk bonds and $1,000 5% city-park W. R.Todd A Co., Cincinnati 3S,3.0 00 ll.lOJO) 49.?95 00 iW.l'-B 80 Prior & Co., Cleveland bonds. Denomination, $500. Date, June 1, 1905. Interest, Denison, 33,16650 49,18150 Hoehler & Cummlnps. Toledo 11,C52 60 4,972 50 semi-annual. Maturity, June 1, 1935. 49,17250 F. L. Fuller & Co.. Cleveland 10,931 CO 4,920 00 48,643 00 W.J. Hayes & Sons, Cleveland ... 32.792 00 Harvard (Neb.) School District.—Bonds Registered.—The Now 4S,19360 First Nat. Bank, Columbus 32,445 01 10,80500 4,81500 48,095 00 State Auditor has registered an issue of $5,000 refunding P. S. Brl«S8 & Co.. Cincinnati 60 11.225 00 UnlinSav. Bk. ,& Tr. CO.. Cincin.. 33,677 bonds of this district. 11,255 00 CentralTr. & Safe Dep. Co.,Cln.. Haveihlll, Mass. Bond Offering.— PropoasAa will be reJackson, Tenn.— Bond Ordinance.— An ordinance has been ceived until 10 A, M, June 19, by Arthur T. Jacobs, City Treasurer, for $28,000 3^^ coupon bonds. Denomination, iotroduced in the City Council proviling for the issuance of : . Date, April 1. 1905. Interest, semi-annually at the First National Bank, Boston. Maturity, $3,000 yeaily on April 1 from 1906 to 1914, inclusive, and $1,000 on April 1, 1915. Accrued interest to be paid by purchaser. Healdsbnrg School District, Ca\.—Fojidi Fief cZ —This district on May 29, by a vote of 187 to 10, authorized the is euance of $30,000 school- building bonds. Henderson County (P. 0. Henderson), Ky.— Bond EUctfon.—The propositions to issue $180,r00 road and $100,000 court-house i% bonds (mention of which was made in V. 80, p. 1436) will be submitted to a vote at the general election $1,000. Nov. 7, 1905. — Tenn.— Bonds Defeated. The proposition to issue $3,500 water bonds failed to carry at the election June 3, the vote being 35 for and 38 against the issu?. Hightstown, N. J.^Bond Election.— A.n election, it is stated, will be held Jane 20 to vote on thequsstion of issuing $80,000 electric-light-piant bonds. Hinckley Tovrnabip (P. 0. Hinoblej) School Di->trict, Ohio. Bond Offering.— Proposala will be received until 1 p M. to-day (Jaue 17) by A. A, McKee, Clerk of Board of EdAuthority, ucation, for $5,003 5% coupon school bonds. ^vised Statutes. DanomiSections 3S91-92-93 and 22b of the nation, $500. Date, June 17, 1905. Interest, March and Sept. at the office of Treasurer of the Board of Education. Matuiiry, $500 yearly on Sept. 1, from 1906 to 1915, inclusive. Purchaser to furnish blank bonds free of charge. Cash or check for d% of bid on some bank in Medina County required. Hirn Free Turnpike No. IS, Tan Wirt county. Ohia.— —Bond Oj^ertngr.— Proposals will be received until 11 a m., Kerns, for June 31, at the law office of Blachly, Priddy Denomina$2,800 i}4% coupon road improvement bonds, tions, five bonds for $200 f aoh and six bonds for $30 each. Authority, Chap. 7, Tiile 7 of Revised Statutes, especially Sec. Date, July 1, 1905. Interest, March and Sept., at the 4SC8, County Treasurer's office. Maturity, $200 yearly on Sept. 1, from 1£05 to 1908, inclusive, and $400 on Sept. 1, 1915; $300 yearly on Sept. 1 from 1909 to 1914, inclusive. Blank bonds to be furnished by purchaser free of charge. Certified chtck for $300, payatle to the road commissioners, required. Hoidrege School District, Pbelps Couoty, fieb.—Bmd Proposals will be received until 8 p. m., July 3, by O^eringi, John D. Standr, Treasurer, for $17,000 5,t coupon high-schoolDenomination, $1,0C0. Di^e, July 1, 1905 district bonds. Interest semi-annually at Kounrze Bros., New York City. Maturity, Jaly 1, 192f>. Present bonded Indebtedoess, $2),Assessed valuation, $373,143, 0. 000; sinking fucd, $9 K< konio), Ind.— Bona Saie.— Oii Howard County (P. June 6 the $^,800 6j 4-year (iv^rage) W. W. Hopkins freegravel-rcsd bonds deecribed in V. 80, p. 3233, were awarded Co., Indiacapolis, at 105'356— a basis of to J. F, Wild HennlnsTt R & — & about 4 55?. Hnghedtown Borough School District (P. 0. Pittston), Fa.—Bond Sale.—Oa June 1 the $3,000 b% 10 year coupon school bonds described In V. 80, p. 2333, were awarded to Katherine Hoffman at par. Hugo, Ind. Ter.— Bonds Foied.— This town, it is stated, has voted in favor of a proposition to issue $15,CO0 schoolbuilding bonds. flutchinsoD, Kan.- Bond Election,— It is stated that an election will be held in this cliytovote on the qiestion of issuing |i6,000 light-plant bonds. $150,C00 Commerce Street extension bonds. Jackson Hill Township, Ddvidson County, N. C— Bonds Defeated, The issuance of $5,000 bonds as a subscription to the capital stock o! the Southbound Btilway failed to carry — at the election held May 9. Jefferson Independent School District, la.— Bond Offerirjgr,— Proposals will be received until 2 p. m., June 21, by J. W. Fitz, Secretary Board of Education, for $30,000 i^i school-building bonds. Authority, Section 2, Chapter 137, Laws of 19C2. Dencminaticn, $5(0. Date, July 1, 19G5. Interest, semi-annually at Jefferson or elewnere, at option of purchaser. Maturity, July 1, 1915; subject to call $5,000 July 1, 1906, and $15,C03 July 1, 1910. Certified check payable to Edward W. Foy, Treasurer, required. f. r $200, Assessed valuation of District, Bonded debt, this issue. $448,588. Actual valuation, $1,794,352. Bond Sa/e.— On June 1 Jefferson School DIstrfci, S. the $7,500 school-building bonds offered but not sold on Mav 10 (see V, 80, p. 1987,) were awarded to Percival Brooks Coffin at 100-133 for 5 per cents. Jersey titj, N. J.— Bond Sale.— Oa June 4 the $603,000 i% 80-year refunded assessment, the $250,030 ii 80-year school and the 30,000 4{ 80-year fire-department bonds described in Co. and V. 80, p. 1872, were awarded to John D. Everitt Parson, L^ach Co. of New York City at lOO-OS. The $200,000 4f hospital bonds advertised to be sold on the same date C— & & were not awarded, having been withdrawn. Jordan, Minn.— Bond Q^ering.— Proposals will be received until 8pm, June 30, by C. Rodarig, City Clerk, for $18,000 refunding bonds at not exceeding Q% interest. Denomination, Date, July Interest, annual. Maturity, 1923, inclusive. Kansas City (Kan) School District.- Boji Z* Voted —This district recently author! z ad the issuance of $40,COO bonds by a vote of 3,799 to 553. Kearny County (P. 0. Lakin), Kan.— Bord Issue, This county hag turned over to its creditors the $85,000 5% 3)-year funding jaclgment bonds described in V. 80, d. 1134, Bond Offering— This town, at an Kings Mountain, N. election held recently, authorized tne issuance of $15,000 5% coupon electric-light bonds. Proposals will be received for these botids until 3 P. M., July 15, by J. C. Patrick, Town Clerk. Dsnomlnation, $530. Dite, May 2,1905. Interest eemi annually at Kings Mountain. Maturity, 30 years. Dapoelt of S'-.OU required. Bjuded debt, this issue. Assessed $1,000. $1,000 yearly on July 1, 1 1905. from 1906 to — C— vwlnation, $>75,00l'. i^ond O^^ ring.— According to reports, the Kit'ery, Me Tteasurer of this place will rooeiva bidj until 13 M, Jane 80 for t8,(0) SJ^-i 1-18 year (aerial) bonds. Koochiching (Town), Miun —Bond Sali Jane 3 the 20-year road and bridge bonds described in V. 80, $15,000 p. 1384, were awarded to the Commercial lavestment Co., bid of $15,025 was also received from Duluth, at par. Welle, Dickey & Co. of Minneapolis. Lake City, Fla.-Bond Election Prcposed.—The city will ask the Legislature for authority to hold an election to vote on the question of issuing $135,000 bonds for various purposes, iL eluding sewers, water electric plant, paving, parks, schools, etc. Lainarsh Di*aiaage District (P. 0, Pekin), III.— Bonda Authorized.— This district has authorized the issuance of -nominations, $60,000 61 coupon improvement bonds. Interest annually on July 1 at the $100, $500 and $1,000, — —Oa H A D — : — —— : THE CHRONICLE. 2478 Maturity, 15 years. Preeeut Ccnnty Treasurer's cffiee. bonded debt, excluding this issue, $19,000, Laporle, Ind.— Bond Sale.— It is stated that an issue of 40, COO i% funding bonds was recently awarded to E. M. CampbeJl & Co. of Indianapolis for $40,850. Larned (Kan.) School District.— Bond Election.— TMb trict, it is stated, will vote on tlie dis- question of issuing |30,000 school-building bonds. C— Bonds Voted.— Lexington Twp., Davidson Coanty, N. This township on May 9 authorized the issuance of $126,000 bonds as a eubscription to the capital stock of the South bound Railway. Lincoln, Mass.— Temporary Loan.— The Town Treasurer has borrowed $10,000 from Loring, Tolman & Tapper of Boston. Sell. District No 84.— Bowd Sale.— 10 the $5,000 gold coupon bonds described in V. 80, p. 2858, were awarded to the State of Washington at par for 4J^ per cents. Following are the bids state of Washington (for4«8)|5,000 00 Wm.D. Perking &Co.(for5«8)$5,000 00 Lincoln Co. (Wash.) On Juce Mortis Bros. (forSHs) & Christensen C. H. Coffin, Chicago (for es).. 6,C61 00 5.017 50 Lisbon, Ohio.— Bond Ojfertnflr.— Proposals will be received until 12 M., June 19, by Lodge Riddle, Village Clerk, for |7,000 5% coupon refunding bonds. Ddnomination, $500. Interest annually at the office of Village Treasurer. Maturity as follows $1,5^0 dated May 10, 1915. and maturintr In 1917, 1918 and 1919. 1,000 dated May 29, 1906, and maturing in 1920 and 1921. 2,600 dated July 1, 1905, and maturing In 1922, 1923, 1924, 1925 and 1926. 5(0 dated July 30, 19C5, and maturing in 1927. 1,000 dated Aug. 16, 19u5, and maturing In l!i28 and 1929. 500 dated Aug. 1, 1905, and maturing in 1930. Certified check for lOiJ of the par value of the bonds bid Accrued interfor, payable to the Village Clerk, required. est to be paid by purchaser. Live Oak, FJ a.— Bonds Not Sold.— The $36,000 i% waterworks bonds offered on May 30 were not awarded. See V. 80, p. 1496. LlTonia, Minn.— Bond 0#er ingr,— Proposals will be received until 10 a. m., June 24, by M. K. Iliff, Town Clerk, for $1,000 fl-10-year (serial) road bonds at not esceeding Q% Denominainterest. Authority, election held May 20, 1905. tion, $200. [VCL. LXXX. Merna, Neb.— Bonds Voted.— At a special election held 15 a proposition to issue $7,000 water-works bonds carried by a vote of 56 to 6, Middletown (0.), Sch. District.- Boj?ds Awarded in Part, May —We are advised that of the §20,000 4 percent school-bnildlng- improveraent bonds, bids for which were opsned on June 5, only $5,000 were awarded to the highest bidders— Seasongood & Mayer of Cincinnati. The reason for reducing the amount was that the board had rejected the larger portion of the bids for the work of the proposed improvements on the South School Building, determining only to carry out the plumbing this season. A full list of the bids received for the bonds was given on page 2417 of last week's Chronicle, Midway Township, Davidson County, N. Bonds Defeated.— This township on May 9 defeated a proposition to issue $5, COO bonds as a subscription to the capital stock of the Southbound Railway. Milford, Conn —Bond Offering.— Q&nfoid Hawkins, Town C— Treasurer, is offering for sale $18,000 Z}^i bonds. Interest, semi-annual. Jlie offlxiial notice of this bond offering willbe foundamong Department. Miuooka (111.) School District.- Bonds Voted.— This district on May 19, by a vote of 72 to 2, authorized the issuance of bonds for the construction of water- works. Ddtails of Issue have not as yet been definitely settled. Mission Towushfp, Shawuee Coanty, Kan.— Bonds Dethe advertisements elsewhere in this — m the defeat of the The election May 20 resulted proposition to Issue $13,000 bonds in aid of the Topeka Eskridge Council Grove Interurban RR. The vote was 68 for and 107 against the question. Bond OJferi72gf.— Proposals will be received Monroe, N. until 12 M,, July 3, by B. C. Ashcroft, City Clerk and Treasurer, for $20,000 5^ coupon funding bonds. Danomination, Date, July 1, 1905. Interest, annual. Maturity, 35 $100. years, subject to call one-twenty fifth yearly at option of city. Total debt, including this issue, $65,000. Assessed valuation 1801, $1,030,000; estimated valuation for 1905, feated. & C— $1,250,000. Montgomery County (P. 0. Dajton), 0.— Bids.—The following bids were received on June 8 for the $51,000 4% bridge bonds awarded, as stated last week, to the Third National London, Ohio. Bond O^crinfir.— Proposals will be received by John W. Byers, Clerk, for $56,000 sewer bonds. DenomiDate, June 23, 1905. Maturity, $11,200 Bank of Dayton at 100-441 nation, $1,600. March March Third Nat. Bank, Dayton .. $31,625 OS W.R.Todd 4Co.,Clnfinnatl,$51,033 00 yearly from 1, 1906, to 1, 1910, inclusive. Long Branch, N. J.— Bond Sale.—Oa June 10 the $150,000 Dayton Sav.& Tr.Co, Dayton. 51,20u CO i% 30-year gold coupon beach and park bonds described in Monticello, Ga.— Bonds Voted. At an election held May V. 80, p. 2359, were awarded to W. E, Jackson & Co. at 30 the issuance of $30,000 electric- light, water and sewer 101 '062 and accrued interest. Following are the bids bonds was authorized by a vote of 88 to 21. 101-062 Mrs. Nate Balsbury (for 120,000) W. E. Jackson & Co Par Mooaomin, Assa. East.— Bond Sale.—Oa June 10 the $38,-., R. M. Grant & Co. (for $50,000). 100-67 500 5* bonds described in V. 80, p. 2359, were awarded to the Lorain, Ohio,— Bonds Authorized.— The City Council on Canadian Bank of Commerce at 101*039 and accrued interest. May 15 authorized the issuance of $8, COO sewer -repair bonds Following are the bids _..,__ Ludlow, Ky.— Bonds Proposed.— The if suance of $40,000 Canadian Bank of Commerce.. .$38,900 National Trust Co $38,5C0 4% 20-year school bonds is being considered by the City Wood.Gundy 4 Co., Toronto... 38,900 ^melius Jarvis&Co 88,600 : 1 | — : . . I | : Ontario Securities Co Council. MoHenry County (P. 0. Towner), N. Dak.— Bonds De feated. The proposition to issue $30,000.4i^« 20 year courthouse bonds failed to carry at the election held May 23. McKeesport, Pa.— Bonds Propoaid.—The issuance of $310,000 bonds tor various improvements is being considered, McLennan Uoanty, Ten..— Bond Election.— An election will be held July 18 to vote on the question of issuing $400,000 4% highway-improvement bonds, to mature in 40 years, subject to call $50,000 after five years and $350,000 after ten — years. Maeon, Qa,— Bonds Proposed.— The issuance of $75,000 street-paving bonds is being talked of in this city. are advised, however, that it will probably be a year before these bonds will be authorized. Macon, Miss.— Bonds Fofed. —This city on June 6 voted to issue $15,000 additional bonds for electric-light and waterplant bonds. We Magee, Miss.- Bonds Authorized.— The Mayor and Board of Aldermen have decided to issue $1,500 school bonds. The proceeds of the sale of these bonds, together with insurance on the old building recently destroyed by fire, will be used 88,511 Bonds Fofed.— It Morgantown, N. C. city has voted to Issue $12,000 is stated that thia sewer bonds. Moaltrie, Gla. Bonds Proposed.— It is reported that this city is considering the issuance of $25,000 sewer bonds. Mnnising (Mich„) School District.— Bonds Defeated.— This district on May 15, by a vote of 33 to 111, defeated a proposition to issue $25,000 school building bonds. Newark, N. J,— Bond Sale.-The Sinking Fund Commissioners have purchased $70,000 3}4i school bonds at 103 088. Newburg Heights, Ohio.— Bonds Voted.— This village recently voted to issua $4,000 bridge bonds Bonds Foied.— Semi-official New Hanover Coanty, N. returns of the election he!d Jane 7 indicate that tiae proposition to issue $50,000 road beads carried. New Rochelle, N. Y.— Loan Authorized.— Authority is granted by Chapter 471, Laws of 1905, to borrow money for C— street improvements. Newton, Mass.— Teniporar J/ Loan.— This city has borrowed $250,0]0 from the Boston Sale Deposit & Trust Co. Loan is In anticipation of the collection of taxes. New Dim, Minn. Bond Election.— An election will be new building for school purposes. held June 27 to vote on the qaestlon of isauing $30,000 sewer Mahanoy City (Pa.) School District.— Bonds Proposed.- bouds at not exceeding 4% interest. Denominations nbt less to erect a The ieenance of school bonds is being considered by the School Bard. Manchester, N. E.— Temporary Loan.— A. loan of $100,000 has been negotiated with P. E. j'ennieon of New York City at dl4i discount. Loan la dated Jane 19 and will mature Dee. 5, 1905. Manlstiqae, Mich.— Bond Sale.- On June 13 the $125,000 5i water- works atd sewer bends described in V. 80, p., 2234, were awarded to Rudolph Kleybolte & Co., Cincinnati, for $128,512, Maturity, S5,0'j0 yearly on March 1 from 1908 to 1983, inclusive. Marietta, Ind. Ter.- Bonds Proposed.— The iesnance of is being considered. Marlborough, MasH.-Bond Sale.—Oa June 13 the $50,000 4;? coupon city-ball notes described in V. 80, p. 2417, were awarded to Adams & Co., Boston, at 104'411— a basis of about 3'51;r. Following are the bids : Adams* Co., Boston 104-4111 Estabrook 4 Co., Boston 104-I5fl Jackson & Curtis, Boston 101-410 Merrill, Oldham &Co., Boston. lOl'lSB BlodKet,Merrltt ACo., IJoston.lOf274 U. L. Day & Co., Boston 10:V789 K. II. Ko $15,000 echool bonds | I ...is&Sons, Bo»ton...lOt 167 Majfleld, $100, LOO I Blake Bros. & Co., Ky.— Bonds Proposed.— There is 103'64 Boston talk of issuing bonds for street and sewer improvements. than $1,0.0 and maturity not later than July 1. 1925, North Hempstead (Town). Nassau Coanty, N. Y.— Bond Saie,— On June 12 the $20,000 4^ g.ld town-meetiog-houae bonds described In V. 80, p. 2418, were awarded to Gtio. M. Hahn, New York, at 102 '63— a basis of about 3'76|. North Lewiahurg (Pd.) School District.— Bonds De/'eafed. —This district recently defeated a proposition to issue $7,000 school bonds. — North Wales, V&.—Bond Offerinq. Proposals will be received until June 19 by Irwin Q, Lukens, Clerk of CounoIJ, for $12,000 %%t coupon street-improvement jjind refunding bonds, Dinominatlon, $100. Date, June 1, 1905. Interest semi annually at the Norrh Wales National Bank. Maturity, June 1, 1935, subject to call after six years. Securities are exempt from all taxation. Norwood, Ohio.— Bonds Authorize i.— The City Council has authorized the issuance of $3,100 McNeill Avenue sewer bonds. Ocean City, N. i.—B<md Sale.—Oa June 5 the $38,000 4i^ per cent 15-year school bonds and the $9,000 5 per cent 3-11year (serial) improvement bonds, described in V. 80, p. 2360, were awarded as follows The first issue to the Camden Fire : : 1 June THE CHRONICLE. 17. 1905. second to the First National Bank, Date of bonds June 1 1905. OberllD, Ohio.— Bonds Authorized.— Da May 24 the Village Couccil authorized the issuance of |17,000 5% coupon debtDenominations sixteen for |J,000 each, extension bonds. one for $200 and eight for |100 each. Interest, semi-annually at the State Savings Bank Co., OOerlin. Maturity, ten years Oceaa Park, V&l.—Bond Sale. ~0a Jane 5 $10,000 6% sewer bonds were awarded to H. C. Rogers, Pasadena, at 102 63 Maturity, 20 Dtncminatione, $500. Date, May 1, 1905. Ids, Assn. at 100 76 tbe Ocean City, at lOO'OU. , years. 2179 Platte Center (Neb.) School District,— Sonds Voted,— This district, it is stated, has voted to issue $12,000 schoolbuilding bonds, Plattsburjr, N. Y.—Bondi Votcd-Bcnd Offering.— Thia city on June 6, by a vote of 136 to 80, authorized the issuance of $50,000 dl4 per cent 20-year-re8ervoir bonds. Proposals will be received for these bonds uni^ii 3 p. si, June 26. Polk Connty (P. 0. Des Moines), Iowa.— Bonds Authorized.— The Board of Supervisors has decided to issue $75,000 4^ bonds to pay overdrafts on various funds. Pontiac Township School District, III.— Bonds Voted.— This district, It is stated, has voted to issue bonds for school " Ogdensbar^, N. Y.— Bond O^enng.— Proposals will be re, p. m. June 22 by R. J. Donahue, City Treas- purposes. Authorityurer, for 120,000 d}4i coupon school bonds. Portage La Prairie, Man.— Dtbinture Sole.— Oa June 7 Chapter 245, Laws of 1905. Denominations, |250. $5C0 and $10,000 5<S 40- year bonds were awarded to Wood, Gundy & Date, May 1, 1905. Interest, semi-annually at the Co, of Toronto at 102 75 and accrued interest. $) ,000. Maturity, |2,000 yearly on May 1, office of City Treaturer. Port CliatOD, Ohio.— Bond 0^e/i«g.— Proposals will be from 1906 to 1915, inclusive. received until 12 M,, July 10, by W. H. Cleaver, Village Onawa, loyr&.— Honda Voted.— The election May 15 re- Clerk, for $3,400 5 per cent street-improvement bonds. Ausulted in a vote of 161 to 77 in favor of the proposition to thority, Section 1536 381, Revised Statutes, and Section io of Issue $10,000 water-works bonds. Municipal Code. Dencmination, $1,000, except one bond for Ocmoad (Neb.) School District.— Boncfs Voted.— It i« re- $400. Date, Jane 1, 1905. Interest, annually. Maturity, ported that this district has voted to iesue bonds to bai!d an one bond yearly on June 1 from 1907 to 1915, Inclusive. All addition to the school home, Accrued Interest to be paid by bids to be unconditional. Certified check on some bank in Port Clinton Osnahnrf?, Ohio.— Bond* Defeated.— The proposition to purchaser. issue $2,500 6^ village- hall bonds failed to carry at the elec- (or else cash) for $500, payable to the Village Treasurer, tion held in this village on Mfty 3. required. Ofcwegr, N. Y.- Bond Offering.— Propoe&ls will be received Kapld City, S. Dak.— Bo?idj A'bJ^'oZd.— No bids were reuntil 12 M,, June 28, by E, K. Doyle, City Chamberlain, for ceived June 5 for the $51,000 4% gold coupon refunding $200,000 33^ per cent registered water bonds. Denomination, water bonds described in V. 80, p, 3235. Date, April 1,19(5. Interest semi-annually at the $1,000, Eawson (Ohio) School District.— Bonds Foied,— This disUnited States Mortgage & Trust Co., N^^w York City. trict recently voted fo issue $15,000 school-house bonds. Maturity, $10,000 yearly on O^t. 1 from 19(5 to 1924, incluKedding, Cal,—Bonds Voted,— This city on May 22 voted sive. Certified check for 2 per cent, pajable to the City to issue $60,000 sewer and .|70,000 street-improvement i% Bonds will be certified to as to gold bonds. Chamberlain, required. genuineness by the United States Mortgage & Trust Co. and Redlands, Cal.— Dafe of Bond Election.— It is stated that the legality of the Issue approved by J. H. Caldwell of New the election to vote on the question of issuing $100,000 bonds York City. These bonds were crigiEally offered for sale on will be held on June 20. June 1. Rice County (P, 0. Lyons), Kan,— Bond Sale.-Oa May 1 (jttawa, Oat.— Debeniurcs Vottd.— This city on May 18, by |85,CO0 5% refunding bonds were awarded to Kelly & Kelly, a vote of 1,883 to 1,430, adopted a by-law to issue not exceed- Topeka, at par. Denomination, $1,000. Date, May 1, 1905. ing $2(0,000 4^ debentures to acquire the plant of the Con- Interest, Jan. and July. Maturity, 10 years, subject to call tumers' Electric Co. Securities are to be dated June 5, 1905, part yearly after Jan. 1, 1908. and will mature June 5, 1935. Interest semi-annually at St. Edward (Ntb.) School District.— Bondj DefeaUd ceived until 8 — the ( ffice of the City Treasurer. The purchase price of the plant has not yet been settled, and it is therefore impcsaible at this time to say just what oblfgations of the company the city may aesume in connection with the purchase. PainefcTllle, Ohio.— Bond Ojferir.g.— Proposals will be received until 13 M., July 3, by E. J. Lynch, City Auditor, for $11,500 5^ street-improvement bonde. Denomination, $500. Interest semi-ani-ually at the PainesDtite, April 1, 1905. Maturity, $2,500 April 1, 1906; $1,000 viile National Bank. Oct, 1, 1£08; $2,000 April 1, ]907; $5t0 O^t, 1, 1907; $2,000 April 1, 1908; $500 Oct, 1, lt08; $1,010 Aoril 1, 1909; $500 Oct. 1, 1909; $1,000 April 1, 1910, and $500 Oct. 1, 1910. Parchaser to pay accrued Interest. Certified check for 5% of the amount of bonds bid for, payable to the Treasurer of the city of Painesville, required. Bids to be made on blanks prepared by the City Auditor. Paris Schot 1 Disiriot, 111.— Bon^is Eefeatid.—Thla district has voted against a proposition to issue $30,CO0 hlghechool-building bends. Park (TtXHS) Independent School District.— Bonds Registered.— On June 1 the State Comptroller registered $3,5u0 5% 15-LO-year (optional) school-house bonds dated Jan, 1, 1905, Pasadena, i^al.—l ids.- Oa May 18 the following bids were received for the 1i 1-40-year (seria') water bonds, series $627,500; Series "B," $80,000; Series "C," $25,000, and Series "D," $lfc8,750. $81,228 J. W. Pbelps (Series B) Saa Gabriel Valley Bank (*27,. Adams-Pblliips Co., Los AngePar 530, Series A) 80.005 les (Series U) .. First National Banfe, Pusadeua Pasadena Sav.4Tr.Co.(3erle3 C) 26.000 Par (tlOO.OOO, Series A.)' "A," Wm. R. Staats Co. Series A) * «$10O,00O, Pbelps (Series C) 26,3S6 Percy A. Lane Co. (Series B, C J. \V. 'Par and D) 805,073 Last 100 maturing. As Stated in the Chronicle June 3, the bid of J. W, Phelps of 101*544 for Series "U" was acoepte(J, all other bids being rejected. Panlsbore, N. i,—No Action Taken.— We are advised that no action has yet been taken looking towards the issuance of tbe $78,000 improvement boi-ds mentioned in V, 80, p. 237. Peekskiil, N. Y.— Bond Sale.- On June 15 $20,000 H-%5% 30year water-main bonds v ere awarded to N. W. Halsey & Cc, New Yoik, for |20,043. Denomination, $1,000. Date, July 1, 1905, In^^prest, semi annual, Peurjn Sch. District, Placer to., Cal.— Bo d (ffeiing,— Proposals will be receivtd until 2 P. M,, July 1, by H. F. Al bee, Co, Treasurer, for $6,(00 ^% 1-12-year (serial) bonds, Dduomination, |500. Date, July 1, 1905. Interest annually at office of County Treasurer, Certified check for lOi of the amount of bid, payable to the Treasurer of Placer County, required, Bnd O^enng.— Proposals will be received Plqaa, Ohio.— until 12 M , July 7, by Bert A. Reed, City Auditor, for $>65,0' i% coupon refunding water bonds. Denomination, $1,000. Date, Jnly 1, 1905. Interest setnl-arnually at the ImportTraders' National Bank, New York City. Maturity, ers' July 1,] 925. Certified check on a national bank for 55< of amount of bonds bid for, payable to the Treasurer of he city of Piqua, required. Bond<-d debt, including this Issue, $535,725. Asseeted valuation, $5,237,572. & t This district recently defeated a proposition to issue $10,(i00 school bouse bonds. St. Johns, Ore.— Bonds Foied,— This city on May 22, by a vote of 213 to 39, authorized tbe issuance of $10,000 bonds for, the following purposes f 7,272 ],700 bonds for bonds for Interest, 6^, city hall lire and site, apparatus. I I $6r0 bonds for public dock. 428 bonds to pay temporary debt, Maturity, ten vears. Johns (Ore,) School District No. 2 .- Bond Election.— An election will be held June 19 to vote on the question of St. Issuing $10,000 school- building bonds. Saa Aagnstine Independent School District, Tex.— Bonds Registered,— Oa Sune ^ and 10 the State Comptroller registered the following securities: $2,000 b% 5-20year (optional) Kchool-bnilding bonds. Date. May 1, 1905. Date, May 1, lt05. »13,000 i% 15-10-year (optional) school-building .bonds . San Juan Co. Sch. District No, 7. Wath.— i ids Rtjeeied,— All bids received on June 3 for the $600 eohocl-district bonds were rejected. San Jnau County School District No. 16, Wash.— £ ids Bf/ccfed.- All bids received for the $1,5(0 schcol-district bonds offered on June 3 were reje^'.^ed. Siu Lais Obispo High School Dii^trict, San Luis Obispo Cal.— Bond Sale.-On. June 6 $30,000 5^ ll-2C-year coupon bonds were awarded to the Sen Lu!s Savings Bat k, San Luis Obispo, for $32,562 50. Denomination, $5t 0. Interest annually at the office of the Connty Treasurer. Sau Marcos, Texa?,— Bond Election.~The City Council has ordered an election to vote on ihe question of IstulDg $5,000 school-improvemeLt and $3,000 atreet-improvement Co., (serial) bondp, Santa Monicp, Cal.— Bond Miction P»q/;ofl(d,— Petitions are being circulated asking that an election be held to vote on the queatioQ of issuing bonde frr eewer purposes. Sauta Monica (Cal,) Sehool Dittrict.- Bond Ekction,—lt Is stated that an election will be held In this district to vote on the question of iseuing $80,000 school bonds, Santa Rosa (('ai.) SchO(>l District —Bond ^a/e. — It is sta'ed that on Jnne 6 an issue of $35,000 sahool bonds was awarded »o the Union Trust & Savings Bank of Santa Rosa for $36,785 Sajre, Pa —Bond Election Pro^oi.d.— This borough, it is stated, will probably bold an eleccloa lathe fall on the question of issuing bonds for sewer purpose?. Seymour, ind. -Bond .S'j/e.-Oa June 12. $15,000 4« city building bonds were awarded to Rudolph Ki«vbolte & Co., CinclnriaM, at 105-90, Ddnomlnatlon, $300. Date, May 27, Interest, seml-anriially. 1905, Miturity, Nov, 30, 1921, Shelby Co., Tenn, — Bui*.— Following are the bids received June 5 for the $1,000,000 i.% 50-year coupon court-house bonds awarded, as stated last week, to the Memphis Trust Co.: Memphis Trust Co 101*03 If 1-00 Tenn. Tr. Co. (for «20<',000) 100-60 Memphis. ..lOlOJ Union Tr. Co. (for »10i.00(.) 1(m-25 W. Harris* Co.. Chic Jno. Gaston (for »10,000) IWOO Manhattan Tr.Co. (for fJ00,0O0)102'L0 ^htralall, Texas— Bonds Voted— Bond Offerir,g.—Th\a city on May ]0, by a vote of 81 to 28, authorized the issuance of 12,000 5% waterworks bonds. Proposals for these bonds Merchants' Trust. N. I | I | —— THE CHRONICLE. 2480 will be received until 8 p. M., Jaly 3, by R. R. Dulin, Chairman of Finance Committee. Danomination, $500. MatnrIty, $500 yearly on July 1 from 1906 to 1929, inclasive. SilTer Creek, Chautanqaa Conaty, N. 1.— Bonds Authov ized.—TbiB place la authorized by Chapter 197, Laws of 19D7, to Issue $20,000 bonds to enlarge its water-works system. Spokane, Wa^h.— Bond O^ertnflf.— Proposals will be received until 12 M., Aug. 15, by the Sinking Fond Commission at the oflSce of the City Comptroller, for $450,000 4 per cent gold -coupon water-works-extension bonds. DenominaInterest, semi-annually at Date, July 1, 19D5. tion, |1,0C0, the fiscal agency of the State o? Washington in New York City. Maturity July 1, 1925. Certified check for 2 per cent of the amount of the bid required. No offer accepted for Robert Fairley is City less than f 50,000 or multiple thereof. Comptroller and Secretary of the Sinking Fand Commission. SpriDgdale School District, Orange County, Cal.— Bond Sale.— On June 7 an issue of $3,000 6% 1 10-year (serial) school bonds was awarded to the Adams-Phillips Co., Los Angeles, for $3,037. M.asB.— Temporary Loan.— This city has Springfield, awarded a temporary loan of $250,000 to Jackson & Curtis of Boston at 3-187 discount. Loan is dated June 8 and will mature Nov. 8, 1906. Springfield, Ohio.— Bond I^sue,—The Sinking Fand Commissioners on June 5 decided to accept an issue of $9,000 bridge bonds recently authorized by the City Council. Stephen Indepen<)ent School District No. 1, Marshall County, MJnu.— iiond tiale.—Oa June 8 the $20,000 registered school-building bonds described in V. 80, p. 2236, were awarded to U. M. Stoddard & Co., Minneapolis, at 100*50 and interest for 4J^ per cents. Following are the bids : +20,000 00 tJ.M.8tod<Jard &Co..Min'll8.+ 120,100 CO Kane & Co.. Minneapolis W. J. Hayes & Bens, Cleve...*2O.C00 00 I I + For 4>^percentB. For * 5 per cents. Stratfura UowaJ, School District.— Bonds Voted.— By a vote of 131 to 42. this district on May 22 authorized the issuance of bonds for a new school house. Sumter, S. C.—Bond O^ertng.— Proposals will be received until July 5, by C. M. Hurst, Secretary Board of Commissioners of Water Works, for $116 000 A}4 per cent 20-40 year (opDenomination, $1,000. Interest, semitional) water bonds. annual. NEW NEW LOANS. [Vol. lxX!L Tampa, Fla.— Bond Sah.—Oa June that this district has voted to issue $6,000 school bonds. Trimble, Tenn. Bonds Voted.— special election was held in this town on May 23, at which the issuance of $7,000 school bonds was authorized. Tascaloosa County (F, 0. Tasealoosa), Ala.— Bonds Proposed.— A a recent meeting of the Qranl Jury, the building of a new court house was strongly recommended. A Two May 8 Birers (Wash.) School Distrfct.- Bond Sale.— On the $8,000 Q% 5-10 year (optional) school-building bonds, described in V. 50, p. 1758, were awarded to H. C. Barroll Co., Chicago, for $8,055. Dite of bonde, June 1, & 1905. C— Yance County (P. 0. Henderson) N. Bonds Voted,— This county, according to reports, has voted to issue $20,000 road bonds. Tandalia School District No. 10, Audrain County, Mo.— Bond Oj^eriKgr.— Proposals will be received until 12 m., June 28, by A. L. Branstetter, Secretary, for $20,000 if 5-20year (optional) bonds. Denomination, ten bonds for $1,000 each and twenty of |500 each. Date, July 1, 1935 Ward County (P. 0. Mlnot), N. Dak.— Bond Offiring.— Proposals will be received until 2 p, m., July 5, by tne Board of County Commissioners, for $IE0 000 funding bonds. Bids are to specify the lowest rate of interest at which the bonds will be taken at par. Certified check for $9,000, payable to J. W. Fabrick, County Auditor, required. These bonds take the place of the $100,000 issue awarded several months ago to the Northern Trust Co. of Fargo and which were subsequently refused by that institution. Warrenton, Ga, Eondt to be Issued— Th\B town, it is stated, will Issue in the near future $15,COO school- building bonds. — NEW LOANS. and City of Mt. Vernon, N. Y., $60,000 PavlDg Bonds REFUNDING BONDS. J. The City of Atlantic Cltywlll receive sealed proposals for $90,000 Gold Coupon School Bonds denominations of f l.OOO each, dated July 1, 1B05, payable $15,000 on July 1, 1923, and 8i6,00Jon each Bubieqnent July 1, until July 1, 1980. Said bonds are wliliont option, with interest at 4 oer cent per annnm, payable semi-annually at the HANOVJKR In CITY. Also $60,000 Gold Coupon Paving Bonds In denominations of $1,000, dated Junel, 190P, matnrinK on June 1, 1926, without option, with Interest at 4 per cent, payable semUannnally atihe VER NATIONAL BANK. NEW yOKK HANO- CITY. The City Comptroller wi'l receive bids for these bonds until twelve o'clock noon of MONDAY, JUNE 26, 1905, any or Te«erving, however, the right to reject all bids. The leRallty of these bonds has been apprnved by Dillon & Hubbard, of New York, whose certificate as to legality will accompany the bonds when delivered. The bonds will be engraved under the super vision of and certified as to their genuineness by the United States MortKage & Trust Co., of New York. Delivery of bonds be made on or about July will 5, 1905. Blank forms of proposal, eivinK full particulars, win be furnished on application to A. M. HESTON, Comptroller. ^so,ooo Smyth County, Virginia, Court UouBe Bonds. Sealed bids will be received by the undersifrned up to o'clock. JUNK 26TU, Court Bouse bonds to be Issued by >myth County. Va., under the Keneral law. Ilonds to bear V/i% interest, payable Benil-nnrniHlly and to be dated July 1, 1905, and payable as foliowg: tI2,500 at five years; |l2,5t0 •I ten years; tia..'JO(i at fifteen years; and $12,500 at twenty years, with prlvllcKo to pay all at end of fifteen years. Bonds to be in denominations of 1600. Each lild must be accnnipunled by a certlfled check for lil.iioo, payable to Ciialrmnn Board Hopervlsors, Smyth County. Checks of iinsncceisful bidders to be returned and that of successful bidd«'r to be held to secure payment of tionds. Sinking fund provided to pay bonds St matarity. Hliiht reserved to reject any and all bids. Addrexi* all commnnlcatious to 115 lfi05. for B. y BUCHANAN, O. II FDDUK, |!50.(i(;0 CommliBlonere. Marlon, Smyth Co., Va. In will, at the Lucas Bnllding, the City of Mount Vernon, on tbe DAY OF JUNK, 1905. at 8 P. M.. receive sealed proposals for the purcbase of fifty nine (59) Refunding Bonds of said City of Mount Vernon, numberine consecutively as Issued from Two Hundred and Twenty seven to Two Hundred and Eichtyfive (227 to 285) both tnclu-ive, and the said Fiftynine (59) bonds will be sold to the htprhcsi bidder at a public sale to be held at eaid time and place These are a series of bonds which are authorized to be issued under and pursuant to Chapter 114 of the laws oi )6<i5. Each bond will be for the principal sum of One Thousand ($1,000) Dollars, and will bear interest a', the rate of f jur per centum per annum, payable semi-annnally at the office of the City Treasurer of the City of Mount Vernon. They will be dated June 1st, 1905. and payable as follows: $10,C00 on the 1st day of June, 19lfl. $!0.000ontae 1st day of June, 1917. 810,<K>0 on the Jst day of June. 1918. »I0.0 on the Ist day of June, 1919. $19,000 on the 1st day of June. 1920, The b^nds will be delivered to the purchaser on or before the 28th day of June, 19U5. Each proposal must be iiccompanied by a certified check for tl,< Oo, as securiiy for the performance of such bid, and as liquldatea damaees in the evsnt ot the failure of the successful Didder to accept and pay for snid bonds. The said Comnaon Council will at said time open such proposals as may be received and will award the bonds to the hinhest bidders, unless the said Conioion Council shall deem it to be tor the Interest of the City to reject such bid. In which event the Common Council reserves the ri(rht to accept the bid or bids which it deeraM to be to the best inrerest of the City, or to reject all of said proposals. Bonds will beeugrared under the supervision of and verified as to their iieruineness by the United States Mortgage & Trust Company, and their leKallty approv("d by J. H. Caldwell, Ksi)., ot New York (>ity, whose opinioii as to legality will be lurnlsned to tne purchaser. By ^'tatute the bonds cannot be sold for less than parsnd accrued lntert-.it. Tbls notice is Dub'isbed pursuant to a resolution of the Common Council of the City of Mount Vernon ordering the same, and bearing date the 6th day of June. l»i)6. Dated Mt. Vernon, N. Y., June 7th, 1905. EDWARD A. F. BRUSH, Mayor. W. REYNOLDS. 4%% TAX FREE BONDS. Sealed proposals wil' be received by the undersigned until 7:30 P.M., MONDAV, JUNE 19TH, 1905, for the purchase ot $20,000 4'* per cent coupon, tax-tree, bonds of theS'h 'Ol District of the Borough of Glassp 'rt. In the County of Allegheny. Pennsylvania. Bonds will be dated July 1, 19"6, and mature serially as follows: $l,OiO in the yea'-s 1908, 1910, 1912. 1914, 1016. 1918, 1919, 1921, IVZii. 1923, and $1,000 in the years '925 to 1934. both inclusive. Bonds will b'* in the denomination of $1,000, with semi-annual Interest coupons, and with privilege of Botb principal and registration as to principal. Interest payaole at the office ot the United Stutes Mortgage & Trust Company of 55 Cedar Street. New York City, or at the Glassport National Bank, Glassport. Pa., at the option of the purchaser. Bonds will be prepared by Archibald W. Powell, Esq.. Pitts- burgh, Pa., will be engraved under tbe supervision of and certified as to their genuineness by the United States Mortgage & Trust Company, andlheir legality approved by John G. Johnson, Esq., of Philadelphia, wbose opinion, or duplicate thereof, will be delivered to the purchaser. Kach bid must be accompanied by a certified check on a Natiunat Bank or Trust Company for»per cent of the amount of the bonds bid for, payable to the School District of the Borough of Glassport. Bids will be opened at the office of the District Treasurer, Bunk Building. Glassport. Pa. The right is reserved to reject any or all bids. For furtder particulars and lurm ot bid address A.W.Powell, Esq.. >^ollcitor for the Board, 71 St. Nicholas Building, Pittsburgh, Pa. Financial Statement, Assessed Valuation Bonded debt (Inclnding this issue) Other debt Total debt Cash on hand, Due f rom Port $76,702S4 None a'l fund Vue Net debt Value grounds and Population In 1906 8. $10,4'<9 64 Dlst 11,808 64 7<;O00 $64,492 70 buildings.. .$50,8';0 00 4,000 Rudolph Kleybolte&Co. BAKKERS, INVESTMENT BONDS. LIST. DENISON, PRIOR&CO. CLEVELAND. $2,480,860 00 |75,70J«4 City Clerk. SEND FOR of Glassport, In the County of Allegheny, Pa,, The Common Council Depot Place, 20TH SCHOOL DISTRICT OF THE Borough (Westchester County) of the NATIONAL BANK, NEW YORK LOANS. #^0,000 ,000 School House Bonds City of Atlantic City, N. 7 the $300,000 gold and sewer-improvement and the $140,000 gold park 6% 20-50year (optional) bonds described in V. 80, p. 2236, were awarded to Weil, Roth & Co., Cincinnati, at 103086. Teton County, Mont. —Bonds Voted.— It is stated that this county on May 27 voted to issue $40,000 court-house bonds. ThomasTlIle, Gi.—Bond-i Defeattd.— The proposition to incur an indebtedness of $35,000 for an electric light and power plant failed to carry at the election held June 9. Toloca, (Cal.) School D [strict.— Bonds Fofed.- Itis stated street BOSTON. DIALERS IN MUNICIPAL, RAILROAD and STREET RAILWAY BONDS. 27-29 PINE STREET, NEW Int«r«tt Paid YORK. on Daily and Tim* Dapotitt — June 17. 1905. THE CHRONTCLE. | Denominations, $1,000 and multiples thereof. D *te, April 1, Interest, semi annual. Xenia, Ohio.— Bond Sale.— On June 9 the $21,000 i^t coupon sewer bonds describsd in V. 80, p. 2238, were awarded to Seasongood & Mayer, Cincinnati, at 102'034 and accrued InFollowing are the bids terest. »21.841 00 Reasoneood & Mayer, Clnoin.t21.4?7 25 Third Nat. Bank, Clncln W. J. Hayes* Hens, Cleve... 21.417 00 noehler4Cummlng8,Toledo. 21,337 60 21.881 00 ProT. Say. B'k&Tr. Co.. Cln. 21.306 00 0n. 8a V. Bk. & Tr. Co., Gin. 21,262 60 21,870 00 K. Kleybnite & Co., Clncln Well. Roth *Co., Clnom Hayden, Miller & Co., Cleve. 21,346 £0 Dayton Sav &Tr.Co.,DaytOD. 21.100 00 Wusbington, N. C.—Bond Sale,— On Jane 8 this city awarded to Danlson, Prior & Co., Cleveland, flS.OOO electric-light and |7,O0O 5% Bchool bonds at 105 073 and H 1905. accrned interest. Watertown, N. Y.— Bonds Authorized.—Thm city Is anthorized by Chapter 466, Laws of 1905, to borrow |37,300 for various mnnicinal purposes. : — Wantoma, Wis.— Bonds Voted. This place, it is stated, has voted to issue $7,000 bonds for the erection of a gasoline . . . . . lighting plant. Bonds mature $1,000 Weebawfeen, N. J,— Pond 0^er^ngr.— Proposals will be recsived until 8 p. m, June 27, by the Township Committee, for $70,000 i}i per cent coupon road-improvement bords. Denomination, Authority, Chapter 129, Laws of 1905. July, in Weehawken. MaturInterest, January and ?l,0CO. ity, |3,C00 yearly on Jan. 1, from 1916 to 1925, inclusive, and $4,000 yearly on Jan. 1, from 1926 to 1935, inclusive. Certified check or cash for $2,000 required with bids. Bonds will be delivered on July 15, 1905, in Weehawken. Thomas J. Carroll is Township Clerk. The offlcial notice of this bond offering toill be found among the advertisements elsewhere in this Department. Windham, Cona.— Bond Yakima County School ing. by the Town SH% 8k% Maturity, April 1, bonds public building-department bonds at lui'27. Maturity, April filter-plant 1915. tO.OOO 3>i% street- pa vmsr NEW bonds at Maturity, April 1. btd8 District No. 77. Wash.- Bond Offering —Proposals will be received until 10:30 A M., July 1, bv Lee Tittle, County Treasurer, P. O Nortb Yakima, for $700 coupon 5 10-year (optional) school- building bonds at not exceerting fij{ interest. Present debt, $111, Assessed valuation, $23,145. Actual valuation, $44,290. Yonkers, N. Y. Eondt Authorized.— Th\B city \i authorized bonds by Chapter will be received until noon, SAT24, 1905, for three hundred and fifty $1,000 thirty-year 4)^ per cent, semi-annual, gold bonds of Chattanooga, Tenc. dated July i, 1905, principal and interest payable at National City Bank. New York City. Two hundred aud seventy five of said bonds will be denominated "School, Park. Street and Sewer Bonds of the City of Chattanooga of l^-Ob," ana seventy five of said bonds will ALEX W. CHAM BLISS, Road Improvement Bonds under Chapter $70,000 Laws of N. J., for 1905, Sealed proposals will be received by the Township Committeeof the Township of Weebawken, Hudson Co., N. J on JUNE 27rH, 1905, at eight o'clock in the evening, for the purchase of the following 4J^ per cent setui annual coupon bonds. Amount: bids. right reserved to reject any and is all Members ( New York ^ pijijadelpbia Stock Exchange, BONDS FOR 43 Exchange Place, New & Co Stock Exchange, Perry, Coffin POTTER, onKinQ o'JN*-'^• ON APPIilCATION. & Burr, Drexel Building, 60 State Street, Philadelphia. & Co., BANKERS, 7 Wall Street, New York. Chicaqo. ILLS. & Company H. C. Speer Members New York RAILROAD AND STREET EatabllHhed 18S3. 21 7 La Salle Street, Stock Exchanse. ROND^ RAILWAY :=^^^=^^ First CITY Nat Bank Baildin?, Chicago. COUNTY AND TOWNSHIP Trowbridge&Niver Co. MUNICIPAL AND PUBLIC SERVICE CHICAGO, Ut Nat. Bank Bldg. BONDS. BONDS sfSSic CERTIFICATES Handsomely engraved ; steel-plate effect. Alio, the cheaper kind, partly lltboKraphed and partly BONDS. 172 Washington Street, I.18T BONDS INVESTMENT BONDS. King, Hodenpyl STATE. Clff & RAILROAD BONDS. - AND PUBLIC SERVICE CORPORATION INVESTMENT. York. , Congress Street, Boston. 36 NASSAU STREET, NEW YORK. CHICAGO, MUNICIPAL BOSTON. 16 CORPORATION Philadelphia. Treasurer. BANKERS, and Land-Title Bldq,, Detroit. BANKERS, For further information apply to MUNICIPAL Penobscot Bldq., bids. For furtber details see aiivernsement in "Hoboken Observer" pub tshed at Hoboken, N. J. THOMAS J. CaKHOLL. Township Clerk. offered. B. NOBLE & COMPANY, W. H. Deliverable; July 15, 19<"5, at Weehawken. Payable: principal and interest in Weebawken. Deposit: a certltled check or cash for $i,0Ji» with Town T City Secretary and Treas. ERVIN & COMPANY, of Milford, Conn., offers bonds for $18,000, bearing Interest at 3)4. per cent, payable semlannnally. For a safe investmett no better eecurlly was ever City of Decatur, Tex. R.L.THOMPSON, Attest: ( January ana July. Denomination: $1,000. Interest: The HAYTER, Mayor t70,t00. „^ BONDS. Blodget, Merritt CALLS. J. P. Purpose: Imoiovement of Road. $3,000 on January 1, In 19'6 to 1P25. .. Maturity: j »4_„oo on January 1, In 1920 to 1935. Mllford, Conn., SANFORD HAWKINS, Town of 1905. Call is hereby made for Bonds Nos. 3 to 16, inclusive, of the City of Decatur Street Improvement Bonds of Decattir, Texas, said bonds to be presented to the Hanover National Bank of New York City for payment. Interest ceases on Angust 2d, 1005. ot Chattanooga. «is,ooo 3'/4% Laws Bonds Called for Redemption. , Improvement of the City of Chattanooga of 1905," and bids shall be made separately for the two issues, or for either of said issues, bui may be enclosed within the same civer. All proposHls must be accompanied by a certified check, payable to the order ot "The Mayor of Chattanooga." tor one per cent of the amount of bonds bid for, the same to be forfeited If the bidder fails to accept and pay for bonas awarded. The successful bidder or bidders will be required to settle for the bonds at or before 18 o'clock M.. Saturday, July 1. The right to reject any and all bids Is reserved. Address aU bids to Co., N. J., 129, Bonds Town of Weehawken, of Road Improrement Bonds. bUs Mayor 487, BOND LOANS. Hudson URDAY. JUNK Highland Park Morris Bros. & Chrlstensen, Portland $l,525 00 W. D. Perkins & Co., Seattle.* 4,500 00 For 5H per cents. + For 4^^ per cents, to issue bridge Town 4^% GOLD BONOS. " | City of Decatur, Texas. City of Chattanooga, Tenn., be denominated by L?9 : #3^0,000 Sealed 1, Yakima County School 1, NEW July County Treasurer state of Washington H4,500 00 H. C. Barroll & Co., Chicago..* 4,635 50 1916. LOANS. Wagh— Bond Offer- p. m., : 19'5. 101-27, 1 Takima County (Wash.) li^chool District No. 32.— Bond Sale.— Oa June 3 the |4,000 10-year coupon bonds described in V. 80, p 2238, were awarded to the State of Washington at par for 43^ per cents. Following are the bids +14.000 no Morris Bros. & Christen son, state Of Washington Portland •$4,01800 H. C. BarroU & Co., Chicago..* 4.031 53 W. D. Perkins & Co., Seattle.* 4,O00 00 + For i]4 per cents. • For 5M per cents. Takima Connty (Wash.) School District No. M.—Bond Sale,— Oa June 3 the $4,500 10 aOyear (optional) coupon bonds described in V. 80, p. 2238, wereawaned to the State of Washington at par for 43^ per cents. Following are the : 130,000 16,000 until (P. O. North Yafeima), for $1,200 coupon 1-10- year (optional) school- building bonds, at not exceeding 6 p c. interest. Present debt, |872. Assessed valuation, $90,120. Actual valuation, $180,240. H at 102-88. District No. 6, — Proposals will be received Tittle, Oj/ferinflf.— Proposals 9am, June 25, and $2,000 yearly from 1907 to in 1936 1916, inclusive. will be reTreasurer at the school bonds. office, WlUimantio, for $75,000 Dmomination, $1,0D0. Date, Jaly 1, 1905. Maturity, July 1, Certified check for $500 required. 1930. Windsor, Oat.— Bondi to Be O^end.— This city is makinsr arrangements to Isene $140,()0u pavement debentures and I20.500 debentures authorized by a by-law adopted May 12. Winside, Neb.— Bonds Foffd— This place has voted to issue $10,0l0 water-works bonds. Worcester, Mjiss— Bond Sa/e.— Oa June 6 $85,000 SJ^^ bonds were awarded to the Sinking Fund Commissioners on a basis of 335 per cent. Following ate the prices ceived until Selectmen's 2481 BOSTON, 60 State Street. 100 Certificates, $3.00 to printed from type. tS&; the latter ecBraved, with steel-plate borders eleeant. Seal Press, tl 50; better tlnisbed, $2. — iLLBEBT B. KINO & Unkraven and CO., 206 Broadway, N.Y. Lithoifraphera. (Telephone.) , THE CHRONICLE 2482 gimst ^ompKuUs. I [Vol. lxxx. %xvisi dP^mp^awies. $9,500,000 '"'iljl'^'LuT Title guarantee 5ndtrust company CAPITAL AND SURPLUS,!!' 146 Broadway, New York. 175 Eemsen Street, Brooklyn. M'frs Branch, 198 Montague St., Br'klyn. $12,000,000 00. TSiEgUlTABLE Hxatnines & guarantees Heal Estate Titles. Itoatis Motley on Hand and Mortgage, Furnishes Mortgages to Investors. Seceives Deposits subject to checle, allowing Interest, Does all Company Trust business. TKUSTEES: John Jacob Astor, ' Julian T. Davies, William J. Easton, Charles B. ilenderson, Benjamin D. Hicks, John D. Hicks, WiUiam M. Ingrraham, AugTistns D. JuiUiard, Charles Matlack, WiUiam H. Nichols, James H. OUphant, Bobert Olyphant, Alexander E. Orr, Charles A. Peabody, Frederick Potter, Charles Kichardson, ElUui Boot, Martin Joost, Sanford H. Steele, John S. Kennedy, Ellis D. Williams, Woodbnry Langdon, Louis WindmuUer. James D. Lynch, CLARENCE H. KELfSEY, President. FRAJSK BAIIiEY, Vice-President. Vice-Prcsidcut. EDWARD Manager O. STANLEY, Banking Department. *i«l CLINTON J. D. WKAY The modem Edsrar Ii.Marston, WUliam J. Matheson, Edward T. Bedford, Charles S. Brown, business. trust company embraces every function of financial It will accept your deposit account, subject to cheque, allow you a fair rate of interest; it your securities will safeguard and 5 it will collect bonds, rents, mortgages, interest, dividends, coupons and every class of income; property and it will pay taxes and insurance, undertake the care and management of estates. It is sell authorized by law to act as executor, administrator, guardian, or trustee appointment of court. and your death at BUKDICK, 3d Vice-Pres. CLEVELAND, Secretary. it During your will administer lifetime your under will or will act as it your agent, estate. 13 Nassau Street, Equitable Building. FRANK L. SNLFFEN, I»Igr. Mfgrs' Branch. l^vu-UTj-uijxrLrjij-Lr-n-nj-Lr i rr nf' i i ~ ~'^"t~ ~~-~~ i ii ----- --— i- — — — — -- ------j-. --»»»»»* R.FULTON & CO., F. Municipal Bonds, LA SALLE STREET, 171 CHICAGO. & MacDonald, McCoy MUNICIPAL AND Co CORPORATION BONDS. 171 La Salle Street, Chicago. MUNICIPAL AND PUBLIC FRANCHISE COSPOBATION BONDS Bensbt and Sold. W. HAYES J. OLSVBLAND. OHIO. SONS, 8b BOSTON. MASS. NO STOCKS CORRESPONDENCE SOLICITED Q ecurities & ATLANTIC MUTUAL INSURANCE COMPANY, New York, January 20tli, 1905. Tlu Trustees, in Conformity with the Charier of the Company, submit the following statement of its affairs on the 3 1si of December, ic)04x Premiums on Marine Risks from let January, 1904, to 31st December, 1904... $2,909,343 08 724,151 84 Premiums on PoUcies not marked off 1st January, 1904 Total Martae Premiums Premiums marked from $3,633,494 92 Interest received during the year " " " less Taxes Rent December, 1904 $275,926 58 107.14'^ 14 3!3<?3074 72 Losses paid during tlie year -whioli "were estimated in 1903 and previous years Losses occurred, estimated and paid in 1904 $318,124 29 771,957 98 off Corporation Company OF PITTSBURGH, PA. $1,080,082 27 $142,418 20 84.094 99 Less Salvages Re-insurances 863,569 08 Tlie Company has the following Assets, viz.: United Btates and State of New York Stock; City, Bank and other Securities $5,243,600 52 Special deposits In Banks and Trust Companies 1,417,543 97 Real Estate corner Wall and William Streets and Exchange Place... $4,289,000 Other Real Estate and Claims due the Company 75,000 4,364,000 00 Premium Notes and Ems Receivable In the 1,020,087 28 hands of European Bankers to pay losses under 241,710 47 351,301 69 $12.638,243 93 A dividend of Six per cent interest on the outstanding certificates of profits wlU be paid to the holders thereof, or their legal representatives, on and after Tuesday, the seveutli of February next. The outstanding certificates of the Issue of 1 899 will be redeemed and paid to the holders thereof, or their leji;al representatives, on and after Tuesday, the seventh of February next, from which date all interest thereon wUl cease. The certificates to be produced at the time of payment, and canceled. A dividend of Forty per cent Is declared on the net earned premiums of the Company for the year ending 31st December, 1904, for which, upon application, certificates wiU be issued By order of the Board, on and after Tuesday^ the aecoud of may, next. G. STANTON FLOYD-JONES, L. 0111003. clement a. griscom, anson w. uard, Morris k. jesup. thkodore p. jounson, W. U. H. MOOltK, RAVEN, CORNEUUS THKO. for letter written with your bond paperi, and for ledxer on havlnx them made by the klnda, for PAPeri. Inalat WHITINQ PAPER COMPANY, HOJL.YOHB. MASH. NtwYork. Philadelphia. Chlcaeo. P. President. KLOElii, JOHNSON, Tiee-Pres'l. 3d Tice- JAS. L. LIVINGJSrON, For Bnalneas Correapondeneot own hand, 01 Their qnalltj la Miored and they have won blxhest honori at all the rreat World'a Falra. For hl«h (trade wrltlnp NICHOLAS F. PALMEK, HKNRY PARISH. FREDERIC A PARSONS, DALLAS B. PRATT, GEORGK VV. QUINTARD, A. A. RAVEN, JOHN L. RIKKR, DOUGLAS ROBINSON, GUSTAV U. SCHWAB. WILLIAM C. STURGBS, lewis cass lkovard, FRANCIS H. LKtiOETT, CHARLES J). LKVERICH, LEANDER N. LOVELL, GKORGK U. MACY. CUARLES U. MAKSHALL. A. A. DNBQUALKD. Secretary. TRUSTEES. UKKBKBT all payable in Aggregating OORNKLIUS KLDKRT, KWALI) KLKITMANN. ••pen of policies Cash in Bank QOSTAV AM8TNCK. FUANCIS M. BACON, JOHN N. BKACII. WILLIAM B. BOULTON VKHNON II. imOWN, WALDRON H. BROWN, JOSKPU II, ClIAl'-VlAN, GKORGK C, CLARK, Whether 226,513 19 BeturuB of Premiums and Expenses, $405,721 91 Paid up Capital $200,000.00 fcy:tUe typewriter, are $3,016,978 35 Ist January, 1904, to 3l8t foreign countries INVESTMENT BONDS Municipal OFFICE OF the: Cash HIGH GRADE , "gixmutiViX. j-d ''res't. Vice-tres't. Atlantic mutual Insurance Company 8crlp ol All Vears Uouubt and bold. MUNICIPAL AND RAILROAD JOHN M. GILLESPIE, LIST ON APPLICATION. Room 49.61 No. 518 Atlantic Bnlldlmg:, WaU Street, NEW lORK BONDS. SEASONGOOD & MATEE, nercautlle Library BnildlnKi CINCINNATI.