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. 1 INCLUDING Bank and Quotation Section and City Section (semi-Anmiaiiy) Street Railway Section (^^'^^aSiT^') State (Montiiiy) Railway and Industrial Section (Quarterly) Dana Compact, Entered according to Act of Confess, In the year 1905, hy William B. VOL. SATURDAY, JUNE 80. in tlie ofHoe of Librarian of Confcress, 24, NO. 1905. Week ending June — Clearlnqs at ^Itje (j!i;itt:0wxcle. Washington, T>, O. iyu4 1905. Inc. Ill 17 1902 1903. Dec. 2087. PUBLISHED WEEKLY. Terms ot Subscription — Payable in Adrance For One Year For Sis Months European subscription (including postaee) European Sub.scrlption Six Months (including postage) .1!lO 00 6 00 13 00 7 50 £2 £1 Annual Suhscription in London (including postage) Six Months Subscription in London (including postage) 148. lis. — Subscription includes following Sections (monthly) state and City (semi-annually) INDUSTRIAL (quarterly) STREET RAILWAY (3 times yearly) Bank and quotation Bailw AY AND l I Inch Space ot Advertising $4 20 22 00 29 00 50 00 87 00 Months (8 tunes) iTwo Three Months (13 tunes) Six Months 26 times) Twelve Months (52 times) CHICAGO OB'FICE— Pliny Bartlett, 513 Monadnock Block. LONDON OFFICE—Edwards & Smith, 1 Drapers' Gardens, E. Philadelphia. Baltimore Chicago St. Louis New Orleans Seven cities, 5 days Other cities, 5 days Total Total «1.767,290,649 S83.978,622 Iday all cities fhr week J2,151,2U9,271 P. Cent. estimated, as Peoria Akron SprlDgfleld. III. YouuKStown... Kalamazoo..... Lexington Canton Rockford Decatur. Mansfield Jacksonville at— 1005. s New York 23,104,330 Buttalo Washington Albany Rochester Scrautou Syracu^'e WiimiDiiton 6.2<ll,-.i5() 21.470.951 6.577.246 5.518.3v>9 4.29fl.Htib 4,460,751 4.131.b32 1,658,776 1.677,934 1,101,421 1,137,853 4.235.857 2.524.995 Wbee.ing Bintiliamton • ..- 1.600,00<J 1,194,612 972,417 1,031.478 773,504 447,H00 650,468 857,«00 716.377 439.400 881,241 400,59t* 41{',H45 505.170 235.889 l>I(P,'Jl:.' Wilites Barre Chester Erie Franklin Pa Total Middle Is 1.444, •141, Ofifi 1,046.073.908 130,1211,902 105.465.012 4.s,IM)7,4:i7 38.15<i,714 Philadelphia Pittsburgh Green sburjT- 1904. 205.220 1,675,684,002 1.237.768,614 Inc. or Dec. Total Mid. Western Seattle Salt Lake aty.. Portland. 335,135.519 +U-6 Kansas City 1902. * 1,872,385,337 1,330,098.007 120,35 1,66 J 114 931 271 4-25-,s 51,090,901: 40,077,042 2^1.006.475 4-7C 22,358,443 -4> 0.:i',3.ti22 5,401,804 3.314,559 4,122.(>90 -i-2a-4 3 472 795 3395,301 -f5-3 2,3M0,803 2 415 6.58 -I-63-8 -1-8-7 1 990.581 1 371,963 1.454,25'-JO-J 1.281,278 -13 8 1,095,3S6 1,127,657 -10 3 -23-4 -I-8-0 +1-9 845,970 441.700 -l-43-!^ 474583 4-9-7 +i-v. 658.422 + 14V 202.5.5r, 152 639.940 191,127,032 25,405,300 15,768,227 178,863 474 26,237,000 13,804,710 10.711,074 7,873.810 6.748,441 4 103.800 3 028,9Ui 2,068,145 1,984,263 168,084,089 25,475,200 16,851,321 10.240,773 7,447,171 7,284,771 5,083.200 8,222,982 2,699.181 168,253,649 22,840,500 Topeka Davenport Wichita Colorado Springs Cedai; Rapids Fremont , Pueblo Total other Louis New Orleans Wesfrn 673,985 831,805 820 500 404,522 326,183 476,8f;4 -h35-4 1,492.563.748 1,430,535 033 -1-69 -3-2 +14-2 -1-7 -4 -fl5-6 -1-4-4 -fll-6 - -26-2 --19'1 --10-1 1,703.2<!8 +0-8 1,165,650 -I-23-3 6Li9,700 644,083 637,479 745,010 587,013 5*38,502 479,575 848,890 399.192 258,878 805.196 216,257 241,726 230,000 98.980 -1-259 -f4-6 -10-7 -17-1 -f28-4 -t-9-2 -149 -I-27-1 -10-8 -f87-7 -^52 -f200 +273 248,358,89(5 29,738,065 26,352,073 -41-8 5,48:3,710 4 755,890 -532 280 002 3,847,062 3,308,526 3,089,293 2,108.754 1,723,887 537,092 450,830 218.776 2,781,620 3,295,337 4.191,204 1.664,288 1,204.126 5ol,494 400,658 225,275 70,387.596 63 337 336 22,199,669 13,304.108 8,978.993 20,159.771 12,756 300 7,867.090 5,623.522 62,504 995 17,093, 915 12.103 504 45,432,928 15,309,910 11 128.011 6,487 014 4.79lf.921 4,724,485 2,135,424 1,349,525 836.197 806.310 985,178 563,209 402,305 162,876 -76-2 -41-3 - -410 -82-3 -31-5 i -207 +0 4 +32-0 +10-1 +4-3 --141 69,627.188 63,172.173 56,774,740 18,873,398 11,317,209 5,921,00b *,745,000 5.128,130 4.085,425 -86 --80-0 --£5-3 --27-0 --16-5 --13 6 --14-8 +52-1 Oohimbus, Ga Mobile Total Southern 900,785 499(271 700,000 54,7 27.907 +15 5973,061 +37-9 2,630.500 --15-4 3,8215,52'* --229 2,.^8I,443 4-3 8,033,030 2,302,84 2,130,072 1,510 027 1,583,259 5,758,181 2,667,000 3,382,367 3,994,189 2,505,301 2,077,353 1.748.271 +1-1 — +2i'0 +231 + 1-5 --89-1 --51-4 --;o-2 9L'3 030 1,6-32,950 -•846 --380 +3-0 758,233 796,350 964,24 683,01)0 1 2,30's,141.474 1,890 3.J9 927 Total ail Outside New York.. 923,700,408 843,686,959 1,222,761) 61,767,174 42,281,316 14,766,293 11,072,471 +10-2 +7-4 +24-6 +27-3 +30-2 983,405 Vot include d in to 14,319,006 +13-2 129.450,684 1,144.086 235.101 1,480,287 150518 +-I0 9 Jacksonville •2,111.237 174,431 -101 ; 5,(540.871 4.200.047 4,891,306 to tal. 889,470 899 120 180.543 932,455 4,573 268 2,280, 337 1.607, 835 1,203. 980 954 ,099 744 581 889 383 -15-9 —15-5 275,hst; l,03:i,163 8,192, 185 5,46M, 717 6,979, 044 --12-9 Not Include d In 2.325,300 ],4r»,571 1,293,703 1,400,880 Birmingham 5114,953 411.361 400.676 316,067 220,089 253,231 212,004 187,465 241,344 95,160 257,782.858 ;c-8.o,'-5 Norfolk Fort Worth.. 993,100 702,400 501.004 628,643 505 062 417,719 f-14-8 3,140 591 2,«29,538 Nashville 2,635.802 2,451 848 1,517,002 1,418,057 30.876.399 6,607,111 4 0130 487 2,953,522 3.209,894 2.326,863 1,822.677 638.283 503,264 278,836 3,87S.8;:6 Atlanta 5.51:^,610 4,270,-250 36,448,269 0,564,477 6,219,980 5,204,471 4,621,760 3.279,208 3,322,550 800,000 Memphis 9,739,763 6,741,155 -1-6:8 1,050.995 Richmond Savannah 16,103,.S08 264,278,596 Macon Houston 282,775 631,280 721,924 547,089 616,335 463,914 424,614 298,451 349,757 316,745 232,555 176.138 225,000 111,457 -18-2 Chattanooca Louisville Gal vest on 1.870,428 1,139.984 763,900 — 14-6 52,871,137 15,145,777 11,197.344 6,147 031 3,441.000 4.442,230 8,325,870 4,052,680 2,537,509 2,217,412 1,562,089 1,229,401 977,433 1,173.495 1,085,350 672,733 l,0W5,79O St. 1,9-28,876 418 807 Not Include d into Ul. Not include d in to tal. 6,347,.580 Des Mointes -f9-4 -H3-6 282.781,587 Little Rock. -|-88-(i 1,069,761' 140,447.449 4,384,784 6,143,911 2,675,000 1,713,844 703,378 685,139 1,148,126 034,127 461,720 247,808 408,513 Sioux City Charleston -18-5 -7 5 157,053,84? '-10 7 607,273 Fargo Sioux Falls Total Pacific -10-6 -26-5 -14-4 140,210,417 8:^9,606 Augusta u - 865,358 516,802 484,535 -I-8-8 944.502 413,726 537,716 896,276 645,769 -flS-4 1903. 1,586670 - 838,704 272,272 405,959 254,238 270,000 119,595 Knoxville Clearings 1,5.88.078 640,098 478,463 423,193 463 866 853,6;-t4 51,493.20,7,798 17. - ... St. Joseph... J Denver. ...:t Week ending June 45b 397 1 3.39,926 + 14-3 Omaha St. Paul We - Fort Wayne.,., Spokane we go to 1,408,76.'< South Bend Tacoma....y.... Helena t... -I-17-7 -I-12-5 -f330 134,730,305 6,579,500 2,48^ 051 1,642,391 1.806,818 1.567,703 , Minneapolis !fl,828,343.817 7.i8(i.800 2,451,636 1,730,402 1,460,186 1 732.075 ... Jackson Ann Arbor +19-2 260,863,941 122.004.032 2.547,915 1,900,110 1.410,384 ., -1-2 1-4 details for the all cases Indianapolis..., Columbus. Toledo 857 $1.2,32,343 -18a 0591,000 9.106,882 7.044,476 4,643,500 3,&23.276 2,463,500 2,184,270 1,716,554 1,437,201 571,800 810,727 439,155 779,516 524,339 471,216 591,554 880,727 ... +26-8 -1-5 +25-1 +12-1 +26-6 139,723.640 28^6,720 ll,5ii6,641 Milwaukee J847,29O,O09 99,956.935 86,079,008 17,445,414 127,383,619 42 244,256 11.944.556 press Friday night. present below our ui5ual detailed figures for the previous week, covering the returns for the period ending with Saturday noon, June 17, and the results for the corresponding week in 1904, 1903 and 1902 are also given. Contrasted with the week of 1904 the total for ttie whole country shows a gain of 25'3 per cent. Outside of New York the increase over 1904 is 9*5 per cent. be in Cleveland Detroit 17-9 -I- week covered by the above wiU be given next Saturday. We cannot furnish them to-day, clearings being made up by the clearing houses at noon on Saturday, and hence in the above the last day of the week has to The fuU New England. San Francisco Los Angeles..., 1904. $1,469,214,238 298,076,411 5 days all cities, All cities, 1905. 8998,883,701 126,790,173 104,530,045 17,186,190 159,349,013 47,347,503 15,127,554 YoriLv Holyoke Bloomington Oulncy nt, oj/ Boston Lowell New Bedford Springfield. O... 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 24, have been $2,151,269,271, against $2,368,141,474 la.st week and $1,828,343,317 the corresponding week last year. New Fall River.... Uvansville GLUABING ROUSE RETURNS. Week Ending Portland Grand Rapids., Dayton C. WlIiliJAlTI B. DANA COMPANY, Publltitaers, Pine Street, Corner of Pearl Street, NEW YORK. Post ODBce Box »58. 'ielegraph, June 24. Worcester Total 120.758.804 6,937,400 2,00^,223 1,876,103 1,658,997 1,845,933 739,345 523,074 6U6.716 429,036 Sprinefleld Cincinnati Transient matter per inch space (14 agate lines) Cleaniiiji—iicini New Haven_ Chicago — Per Terms Boston Providence Hartford +2.5-3 708,390 361.651 45,627,98» 12,001,055 10.650.150 l,4t:4,232 1.520 589 1,198 036 777,255 741.069 727.9ia 500.000 498.404 336,358 iRl. 10u.a31,&91 «7.277,80d ,103,593,115 2O28.972.9T0 +9-5 821,212,778 708.274.963 +260 31.320„500 20,fi37,7«7 +10-5 ]7,8^^0.1b4 4.547,33:; 15,587,221 1.811,.S(il 1,619,305 2.685.841 1,5;U,36S 1.109,095 Cakada— Montreal Toronto Winnipeg Halifax Ottawa. (Quebec 20, 173 ,902 18, 871 Mf< 130 914 1. 031 ,933 2, 353 ,H10 6, , 1, \ anrouver Hamiitr.n..., 8t. .iohn ^ 1 1. London Victonn Totcxl Canada... 714 ,070 494 ,460 259, 731 938, ,429 916 ,001 616 (>i;4 ... o3,400 5,-?2 20.781,011 17,073,588 5,12s,712 1,064,655 2.022,891 1,570,170 1.431.409 1,128,033 954,447 943,111 4-25 4 — 2(> +10-1 --8 b --4-4 +1 1 •« -17 -29 801,895 +101-5 53.505,818 ^hl8-5 2,2n4.r,iH l,73l,5t:3 l,3'25.0,-,9 1,011,421 997,4b» 856.272 592 532 04.284,688 3,0ITi.338 943,778 973,014 684.876 475,561 49,217,154 — THE CHRONICLE. 2592 now CHANGE OF TIME OF ISSUE OF The index Tolume ends July to Volume 80 to-day — Cheonicle of the number increasing subscription and enlarged weekly publica- list the work of getting out the index with the final issue of concurrently a volume has served to materially delay the hour of going to press, and to increase the opportunity for error in This plan preparation. its will of one-fifth of our Street Eailwat editorial discussions in the The tax paid by State. amounts cut of one-half of 1 per is These the cent in a would mean dividends facts, clearly, do not indicate that which at for the consideration of Life Assurance Society affair. It was a getting itself involved in that entanglement. the investigators, and we have had made public the report of the latest The opening It is stated There be unquestionably solvent. to the fortu- None this of week —Mr. Hendricks—has found any- thing rotten about the company. TEE FINANCIAL SITUATION. this call, is that the State has thus far been saved from same embrace the following nate escape FARES ON INTERURBAX ROADS. BRITISH TRAMWAY DEVELOPMENT. savings about $600,000, whil« to extraordinary session there has bi'en a loud The Equitable topics is a very heavy burden. Another matter Section, surplus pays a tax of $100,000. they carry deposits of nearly $700,000,000, on which STREET RAILWAY SECTION. sent to our subscribers to-day. $250,000 of A Kew York banks of the tax is it how more than $90,000,000. reduction of per cent in dividend would mean $150,000. justify cutting off half a million to meet that sum? The same thing holds good throughout the $3,500,000." A ? LXXX. rate, dividends off" Its deposits are rate pamphlet, for convenience in binding. revised to date, 4-per-cent The Bowery Bank's about $10,000,000, on which be followed hereafter, the index being issued as a sepa- new number a cutting justify pay a $35,000 tax to made a part one-half of 1 But with our Can any one each six months. of up keep Heretofore the index has been 1st. of the last tion, —which be mailed with the issue of will and we could CEBONICLE INDEX. [Vox,. is by them all no charge that management has not been highly profitable for the institution, and even when its career of progress was in the an extra session of our State LegislaThis has been made large measure stopped by internal fighting and external ture is an event of the week. necessary by reason of the fact that Warren B. Hooker, probing, its momentum along the lines of its established . of one of the Justices of the Supreme Court of the State, progress was so decided that all the pulling and hauling it having requested a legislative inquiry as to his conduct, has suffered from has failed to wholly arrest its profitable and the Assembly having unanimously voted that pro- course. Certainly every word of that is true. What ceedings be taken for his removal, and the Legislature then is the complaint? having adjourned leaving the said matter in abeyance, the Governor convened this extraordinary session to consider the conduct of said The his removal. tively little were public interest dinary session, in has this final taken question but of the feature but more in the without left Justice and the extraor- which other matters action the at of compara- regular and which many desire should be settled now. One of these is the removal of the tax on savings banks' deposits. Eecent utterances have shown that there are wide diflerences of view even session of the Legislature, Foremost of money out all, that directors of the concern. and officers If that have made can be proved to have been done, and in such a way or in such an amount as to be unlawful, those who have done it should be made to return it; what has been taken and but there is suffer for having taken nothing in that condition that justifies the attack on or impairment of the Life Company's business. Moreover, many it is foolish, claimed that Mr. Hyde has engaged in unwise and even disgraceful acts, chiefly, We have no acquaintance with him of any kind, and obviously have no sympathy among members of the State Association of Savings with the kind of life he is claimed to have led. Bat Banks as to the wisdom of a repeal. Among these, Mr. granting that everything bad that has been said of him William H. S. Wood of the Bowery Savings Bank, is true, how does that justify the taking from which has deposits of over $90,000,000, seems to think him or forbidding him the use of his stock in repeal very necessary; that unless however, personal to himself. eflected dividends any legitimate way % It had its origin in a requirement Mr. Charles E. Sprague of of the statute under which the association was organized the Union Dime Savings institution, which has deposits and it is an asset to-day as defendable, we niAy assume of over $25,000,000, considers the question a very delicate until the contrary is proved, as any security held by any one, regarding which he did not care to make a state- other investor. And yet the Governor, the Attorney- will have to it is be reduced. ment. General and the District Attorney are being pleaded with Mr. John Harsen Ehoades, of the having even given a half promise to move the maGreenwich Savings Bank, has stated that he is opposed chinery of their offices so as to virtually make things to repeal. He thinks, if abolished, it would invite a lively for every person connected with the institution. tax on savings bank deposits; it is better to let the affair What we ask for then and it is in behalf of the policyremain as it is than to disturb it and fare worse. Fur- holders and in behalf of the life insurance business of On — — the other hand, — thermore, he says, the tax is it is not correct to maintain that unless repealed the dividend rate must be decreased half of 1 per cent. position by taking his own bank. of savings He banks illustrates his "The tax," ho says, on our surplus would amount to only $35,000 a year, whereas one-half of 1 per cent on deposits (about $50,000,000) would be $250,000. If we cut our rate half of 1 per cent to meet the surplus tax, what would we do with the other $215,000 % If we can pay the tax the city — is that the recover itself under the Association be given a chance to new management now in control; and after that has been done, whosoever can be found to have been stealing, let him be prosecuti'd under the statutes already in force. Peace negotiations between Japan and Russia are claimed to be progressing favorably, while Franco and Germany by belligerent woids are giving new cause for June THE CHRONICLE. 24, 1905.] As anxiety to the large body of peace-loving citizens. Japan and 'Eussia, the burning question other battle is out, attended must be fought if so, whether and higher dispatches from of recent we may civilization, if for or accept the trend as evidence among the ruling Petersburg St. and dispatch this week with reference to the powers. details of the provisions which will go to make up the of the course of thought intention A now character of the popular assembly in process of being organized certainly very encouraging. Says the "Kovoe Vremya" is announced definitely that the powers of the new popular assembly which will be composed of five hundred members elected of June 22, is it of the Council for five years will be co-equal with those become law must pass both houses and receive the Emperor's approval. Other features given agree with the information already of the Empire, and that the the will press all legislation to Representatives of be admitted to the Assembly, but re- Associated Press. cabled to must be censored before ports there will be a regular the ings like official publication of the proceedIf such a body can be put into existence and hold guard over the purse- inter-' amount of. This movement' gold which was consigned to London. French exchange was at first attributed to efforts to accumulate gold in view of possible derangement result-' ing from the Moroccan incident. Later, however, the exof planation was made London, through that Paris sales of was drawing gold from exchange on that centre, the purpose of remitting the metal to Rome, the for premium encouraging such move- Italian exchange on at Paris Bankers here who are familiar with the situation ment. do not regard as it probable that this movement gold will be important, for the metal is probably required for the settlement of balances which will Incidentally it is soon be adjusted. stated that Italy's financial conditions Large amounts of money, said to be $40,000,000 annually, are expended in that country by tourists and an equally large sum is remitted hence by Italian immigrants who have settled in the United StatesJ The adjustment of exchange balances is effected through; Paris, and therefore it is only when they are exceptionally heavy, as is the case now, that they attract attention. are very encouraging. Two In addition publication. "Congressional Record." of one ception by French bankers of a considerable the all An encouraging permanent settlement. word may and should be said with regard tg Rusand that is, it seems to be leaning towards a sia, better fall with a against week was a centime in exchange at Paris on London and the make will results its interesting feature of the whether an- horrors of war, before the establishment of peace can be reached, and, An to 2593 dividend announcements have attracted atten-' week tion this increase the semi-arinual in the Reading Company common distribution on the other the New York —one declaration of second a stock, dividend and on & for good. Western Railway stock. The Reading Company made its first payment on the common shares in February of the present year, the amount We then being 1^ per cent. Now the dividend has been increased to 2 per cent, placing the common shares on a strings of the empire so as to be able to retain its free- dom, the newly created Russia will indeed be a power suppose Pittsburgh and Allegheny will be disap- pointed by the injunction which will probably delay to Ko another year their union. two cities are more nearly one by situation and natural conditions than they Yet, if public sentiment we have the injunction, as ment, can by cured be on the fact that which the citizens another is of only a postpone- is on a defect Legislature; that merger-enabling Act the There legislation. based is proposal, favors the intimated, decision the for strongly are. is that is, special a further source of consolation Xew York disappointed neighbors, which could suggest to their that union is, is not an unmixed good. What we mean is that it most certainly would not be followed by the decreased taxation which is Ontario 4 per cent basis. Company Step by step the Reading has been rising to a higher basis. It is considerably less than ten years since the property was reorganized, and it may that be recalled that was only it though dividends on the first shares paid since 1900 and dividends on the second preferred The placing of stock were begun in 1903. shares, however, on a dividend basis ant act of standing is all, since the September was terminated, preferred stock have been' voting trust in the the last of the common the most import-- is amount of equal to the total the the first common out-^ preferred and second preferred shares combined, being $70,000,000j With the inauguration, therefore, of 4 per cent dividends' we have on these common shares, the Reading Company iS' securmg of public now paying 4 per cent on the whole $140,000,-; generally promised in such cases, but, so far as heard, never comes to pass. It makes the more easy of accomplishment. Having, however, done that, the good people are not more slow but more ready to borrow if need be the money to carry utilities them out. At this centre the new authorities, after we had assumed the honor of several millions of additional population, first raised our assessments on real estate (which previously had been carried at two-thirds Thereafter the bond as much issues for larger as the Next, the new work increased Legislature took value) to par. quickly became assessments permitted. off the State and revenue tax 000 of its stock of all and transformation which classes. The rejuvenation underJ property has the gone since the foreclosure of the constituent panics in 1896 constitutes one of the marvelous com^ de-: velopments which have occurred in the railroad world in recent years. Possibly some will thinking that the improvement in make the mistake of its affairs is ascribable and the better control exercised over the anthracite coal trade. That has certainly been a factor in its advance and prosperity. But entirely to the better handling it has really been only one element in its situation. most of the The from which came out of New York, but only a very truth is, there has been a general all-around develop-^ considerable traffic in bituminous coal has' small fraction of that revenue was allotted to Xew York, ment. built up, the general merchandise traffic has been] the greater amount being distributed thr ough the country been districts. So it goes. We have the glory of a Greater developed in all directions, and the passenger traffic has New York and the adornment of a bigger bond issue not been neglected. At the same time, economies in, substituted special taxes, the A and higher like the taxes. exchange. We judge, however, that our people operation and increased efficiency m management have been attained, thereby decreasing the cost work per unit of of transportation service rendered. the_ [Vol. THE CHRONICLE. 2594 The income of the jments sta. dent tbat 4 per cent diridends on well witliin the company's ability company make the common to pay and it Treasury, of $794,000, and the evi- stock are Assay main- to Office checks, of large interior movement =4 through Seattle' receipt, $470,000 Klondike gold, and a of currency to this center. the For the fiscal year ending June 30 1904 These accuramulations of money at this centre are pre-, charges in annual report showed a surplus above fixed of July interest and divicontributions of paratory to the disbursements amount of $7,757,538 after making because of the lighter inand new work. dends; as a consequence, and nearly 83,000,000 for improvements representing bankon the quiry for speculation, money on call, Allowing $2,800,000 for the 4 per cent dividends was easier this week, and loans on the shares and $475,000 as the ers' balances, fiist and second preferred at 2 per cent^ mortgage sink- Stock Exchange were at 2^ per cent and contribution required towards the general banks and trust companies equal to more averaging about 2^ per cent ing fund, there was left over $4,400,000, Monday loans common stock. quoted 2J per cent as the minimum. On thin 6 per cent on the $70,000,000 of with the bulk of have been were at 2J per cent and at 2 per cent, Furthermore, in the current fiscal year results On Tuesday transactions business at 2^ per cent. The figures are available only as yet for the the still better. and at 2 per cent, with the majority ten months there were at 2| per cent teu months to April 30, but for these On Wednesday and on Thursday loans at 21 per cent. was a surplus above charges in 1904-5 of $8,506,873 2 per cent, with the bulk of the correspond- were at 2^ per cent and at against a surplus of only $6,200,912 in On Friday transactions were favor of 1904-5 the business at 2 per cent. ing ten months of 1903-4— a difference in per cent, with the majority at The showing, therefore, for at 2^ per cent and at 2 cf over 21 million dollars. Early in the week there was a firmer tone certain to be ex- 21 per cent. the year which ends on June 30 1905 is domestic offerings, for time loans, owing to lighter tain. ; tremely iciv'orable. In the case of the Xew York Ontario Western, we & no such abundant surplus to deal with. manageThis is a small property, which under energetic ment has been raised to a position of considerable advanin new hands, tage, but control of which is now held ownership being lodged in the Xew York Xew Haven & have of course Under Hartford Eailroad. the old control contracts some of the lenders being indisposed to make those when money for periods extending to or beyond is pecially for was the it the entire of eight by sion board the trustees. was shareholders the in thirteen By made directors of directors the for the Hartford officials were more liberal, Exchange and 3f ®4 the business was per cent for seven to eight months months to and chiefly in contracts extending from three commercial beyond the end of the year. The supply of Merlimited while the demand was good. days, 3| per cent for four, 3J for five to six ; paper was is asserted that the result of prompt collections, and it with a smaller volthe majority will close the half-year to company's financial same time we may presume that the & offerings where previously had been chosen provi- needs, earnings. a free hand in the distribution of surplus Haven however, merely shorter dates, were, week es- with funds, chants generally appear to be well supplied right immediate and prospective, thus giving the management the quotations then recorded, elect the arrangement same The there was an and, influenced by those by foreign bankers, Eates on good mixed Stock easier tone to the market. collateral were 3 per cent for sixty to ninety from the advent of a new ownership. The circumstaiices under which the 3 per cent dividend on Ontario & Westthat ern stock was paid in January 1905 are well known, vesting the J^ater in the nominal. the property, policy to put the yearly surplus back into apart but the situation has in many respects changed, act usually most active. At Quobefore. of outstanding obligations than ever ninety-day endorsed tations are3^®4 per cent for sixty to ume bills receivable, 3|®4i per cent for prime and 4J'S)5 per names. cent for good four to six months single Xew York Xew are not averse to obtaining The Bank of England rate of discount remains uncable reports discounts of 2J per cent. The l^^l 15-16 per sixty to ninety day bank bills in London The open market rate at Paris is If per cent and cent. According to is 2J per cent. on the same will therefore call for $870,000. The sur- at Berlin and Frankfort it London, the Bank of England plus on the operations of 1903-4 was just about equal to our special cable from In gained £743,255 bullion during the week and held £38,this requirement, having been reported as $886,828. beea further 860,916 at the close of the week. Our correspondent fch^ current fiscal year these results have gain was due to imports of improved upon, however, the return for the ten months further advises us that the 1904-5 £44,000 (of which £20,000 from Australia and £24,000 to April 30 showing a surplus for this period in of £690,000 bought in the open market) and to receipts of $963,048, against a surplus in the corresponding ten net from the interior of Great Britain. months of 1903-4 of $630,952, a gain of $332,090. some return on their investment in the property. The amount of the common stock is somewhat in excess of $58,000,000, and the IJ per cent dividend just declared changed at exchange Though there was a firmer tone for foreign There was no change in official rates of discount for remitin consequence of a good demand by any of the European banks this week; compared with on Monday, market grew the following day's steamer, the last week unofficial or open market rates were easier at tance by inquiry and a better easier thereafter because of a lighter London and in Germany and steady at Paris. agamst finance bills and those drawn Last week's statement of the Xew York Associated supply, chiefly of tendency European account; the Banks showed, as the most important features an increase securities bought for Thougli the of $15,340,000 in loans, four of the institutions largely contributing thereto; an increase of $1,495,000 in cash; was downward to the close of the week. large, and outstanding volume of finance bills is esti- from $75,000,000, drawing them, for there appears to be little hesitation in will be readily obtained bank statement should rcllcct, among other items, the it is expected that cover therefor will probably below as the transfer hither from San Fraucisco, through the Sub- at maturity, when exchange a gain of $10,452,000 in deposits and a decrease of $2,018,000 in surplus reserve, to $7,209,500. This week's mated by leading bankers at not fiir . June , THE CHRONICLE. 24, 1905.] result of the season's exports of cotton and grain. proceeds of the loaned for three months at 3 per and cent, now be can drafts if the bills can The be renewed or M now negotiating for sight cover finance mature that will bills drafts with October, and they report that such, 8630 fered at 4 should then of not (Jurrency desirable ruling for because of ninety-day were Avhich bills during the current the drafts, drawn month would, it negotiation renewed or show claimed, is Tofnl polfl With ulative sales of long sterling this week, and these operations, together with the offerings of finance bills, con- terest ly exchange. There was also some sellwhich had been accumulated by brokers in anticipation of a demand for the remittance and dividends; such inquiry is, of July in- however, not develop until after these semi-annual to ments shall have been made. cotton were in fairly good Commercial like- were promptly absorbed. Custom House, $478,956. .. $8,892 000 I | 14,625.000 Gum. {3,109,000 604 000 Gain. KM.OOO ^5.229 00" Gain, S-UOO" OOO Sub-Treasury operations the result as is Week ending June Into 23, 1905. Out of lianhs. Banhs. Total eold and lee^l tenders ... «S,892.000 *5,22Li,000 88.450,000 24,550,000 ?35,342.000 29.779.000 The following table indicates the principal European banks. Jmie iVct Clxanrie in Bank Bol dings. the Gain. S3,OdJ.O00 Gain. I II )i) 000 Gain. amount 22. 1905. June of #5,.5r>3 000 of bullion in 28. 1004. Gold. Silver. Total. Gold. surer. £ £ £ £ £ lotal. England.. .. 38,860,916 88,860,916 85,167,161 35.167 161 France 113,737,241 44,497,243 158,234,484 111,616,728 45,438,878 157,055 608 Germany.. 41,054,000 Knssia 104,844.000 Anst.-Hun.. 47,785,000 Spain 14,824,000 Italy 13,684.000 54,738,000 6,349,000 111,193,000 13,079,000 60,864,000 36.872,00(1 12,955,000 84,727.000 8,085,000 92.812,000 46.987,000 13,997,000 60,981,000 49,827,000 22,239,000 37,063,000 14,700,000 20,413.000 35113,000 22,329.000 3,651,800 25,980,800 22,015,000 3,999,300 26,044.300 6.785,400 6,245.200 13,030,600 5,476,300 6,638,200 12,114,500 8,202,667 1,601.383 4,804,000 3,080,667 1,540,333 4,621,000 Netherl'ds. Nat. Beler. .. Tot. week... 393,422,224 111,346,576 504,768,800 360,671,850 113.06'5.711 473,738 567 Tot. nrev .. 392 851 745 110,779.9001503 631,645! 359.777,221 112,465.484 172,242.705 disburse- TRJE against bills supply early in the week, but they Xel Interior Movement. follows. Sank satisfactory profit. Some bankers, encouraged by the offerings of September and October drafts at the above-mentioned rates, are reported to have made spec- ing of drafts »pgal tPrdprw the a tributed to lower nnd Hanks interior movement aa above Sub-Treasury operation s low rates the }8 094,000 798.000 Gola liberally of- former and 4 8625 for the latter renewals could not be effected, or if be finance are Rectired by Shipped in, r. B^nffs. V. r. FnnTu' 23, 1005. and for the Even month. September in bills Avhich to June eek ending AT. extended ninety days hence, until the end of the year, more advantageous loans can be effected. Some bankers are 2595 Gold received at the ifominal quotations for sterling exchange were 4 86 for sixty-day and 4 88 for sight. On Monday the market was strong and, compared with Friday of last week, rates for actual business were 15 points higher lor lonij The "MOBOGGAY QUESTION.'' persistent reports from European markets during few weeks, that the situation was becoming critical on account of the Franco-German dispute over Morocco, and particularly the disquieting action cf the past yesterday's served Paris chiefly At readers. to a market, puzzle time have, we minds the when of would it imagine American seem that at 4 8530'S)4 8540, 10 points for short at 4 8720^4 8725 the entire attention of financial Euro])e should be and 20 points for cables at 4 8750'®4 8760. On Tues- converged on the efforts to settle the Eastern war, it day the tone was easier at a decline of 5 points for long was perplexing to read day by day in the foreign advices to 4 8525®4 8535, of 10 points for short to 4 8710'® that the Moroccan controversy was approaching a crisis 4 8715 and of 5 points for cables to 4 8745^4 8755. On and deranging financial markets. The meagre details Wednesday long and short fell 5 points to 4 8520® which have been sent by cable have hardly served to re4 8530 for the former and to 4 8705'S)4 8710 for the lat- move this perplexity. It will be worth while to review ter, while cables were 10 points lower at 4 8735®4 8745. The market was easy again on Thursday with long un- briefly the salient facts in curious this diplomatic quarrel. changed and short and cables 5 points off, the former to The situation originated in the French claim to a 87'2)4 4 8710 and the latter to 4 8735^4 8740. The species of protectorate over Morocco. This claim, more tone was firmer on Friday at an advance of 5 points all or less shadowy at the outset, was not explicitly recogaround. The following shows daily posted rates exchange by some of the leading drawers. for sterling DAILY POSTED EATES FOB FOREIGN EXCHANGE. Brown Brothers & Co Bartni;, Magoun A Co, Bank British No. America. Bank of Montreal Canadian Bank of Commerce. Heidelbacb.Ick- elheimer&Co. Iiazard 60 daye ( Sight.. 5 60 days ( Sight.. 5 60 days (Sight.. 60 days J {Sight.. ( 60 days (SlKht.. 60 days (Sight., 60 days sight.. 60 days { i i Freres Mercbants' Bk. of Canada. ! i ' SiBht. The market . Fri.. MON.. June 16 /ttne 19 486 4 88 4 86 488 4 86 4 88 486 488 4 86 488 4 86 488 4 86 4 88 4 86 488 86 88 86 88 86 88 86 88 86 88 86 88 86 88 86 88 TUES., June 86 88 86 88 20. Wed., 88 86 88 86 88 86 88 86 88 86 86 88 86 88 86 88 86 88 86 88 86 88 86 88 86 88 f^8 88 Thur. June 21 June Fri.. 22. 86 83 86 88 86 88 86 88 86 88 86 88 86 88 86 lune nized in the general partition of " spheres of influence " in Africa ten years ago; the reason being that Morocco was an independent government previously recognized in treaties. Morocco is adjacent to the French colony of Algeria, and the necessity of arranging mutual trade 23. 86 88 86 88 86 88 86 88 80 88 86 88 80 88 86 88 closed on Friday at 4 8525'2)4 8535 for facilities led naturally to frequent intervention of Franc© in the diplomacy of that country. In the end, a general assertion of the right to influence, subject to the Sultan's assent, the trade regulations of Morocco, by France. through The claim acquired a was put forth status in diplomacy recognition in the Anglo-French agreement of April 1904. It was , in fact, so far as we have been its able to see, an altogether salutary arrangement; for the reason that the Moroccan Government has been, at fre- quent intervals, a nuisance to the trade of outside and that France, on account of its Algerian possessions, was the only power qualified properly to deal nations, long, 4 8705'S)4 8710 for short and 4 8735^4 8745 for Commercial on banks, 4 85-0)4 8505, and documents for payment, 4 844'S4 85 g. Cotton for pay- with it. Xot long ago M. Delcass^ announced a diploraatio ment, 4 84i'S)4 84f, cotton for acceptance, 4 85'S) mission whose purpose was to accomplish certain definite 4 8505, and grain for payment, 4 85^-^4 cables. 85f. reforms through arrangement with The to following gives the week's movements of and from the interior by the Xew York bankSv money the Sultan of Mo-' Before the consummation of this mission could be reached the German Emperor had intervened, ap- rocco. — THE UHKOJNiUJLE. 2596 and thereby innegotiaFrench ducing him to postpone The German Emperor next announced that the tions. reforms proposed must be first sanctioned by a conAt first blush no ference of the European Powers. one could understand precisely what was the purIt was surmised at the start pose of the Kaiser. proacliing the Sultan by a rival mission, action in the the time — [VOL. LXXX,V Marchand episode of the Conservative French public 1898. foolish dispute with in Fashoda during men learned, in that England, the uselessness of violent when political demonstrations, by an ultimatum that it backed up by As force. was so little was to be gained practically certain not to be regards the Moroccan situation need only be said that Germany cannot possibly itself, it — and the surmise has turned out to be correct that upset or displace the civilizing plans matured by France, the five or six Powers included in the proposed con- unless it defends relapse into barbarism; that assumpference had no wish to intervene in the Moroccan mat- tion of an outright German protectorate would be opM. Delcasse assumed a defiant position in the posed by other Powers, and would scarcely be suggested; ter. matter of the German claims, and it was probably his and, finally, that in so far as the German demands stipattitude which brought the dispute to something of a ulate the ''open door" for European traders in the His retirement from the French Foreign Office Moroccan Sultan's dominions, that has already been crisis. —^understood this have some connection with at the time to Moroccan question — by France in explicitly pledged its new announcement. the matter in charge of the left who has assumed an attitude of now supposed to have proposed the Premier, M. Eouvier, conciliation, and is adjustment of the question by joint conference between France and On Germany. this basis we suppose the THU REASON FOR THE COUNTRTS LARGE CONSUMPTION OF IRON AND STEEL. Through the kindness of Mr. James M. Swank we have been furnished with advance sheets of the annual IsQt unnaturally, this sudden and rather singular move statistical report for 1904 of the American Iron &, Steel The report comes at a time when it is of the German Emperor has been interpreted on Eu- Association. matter will be eventually adjusted. rope's markets as of the balance of an outcome of the present derangement For many years power in Europe. it has been taken for granted that the various combinations sure to attract special attention by reason of the recent reaction in the iron and steel trades, after the extreme and buoyancy which had activity prevaileil, and which Powers were counterbalanced by the dual alli- reaction appears now to be giving way to a somewhat ance between France and Eussia. Eecent events have better tone again. Always a comprehensive document, shown that Eussia's valueas an ally, for purposes of Euro- the report is this time more replete with figures and data pean diplomacy has, for the time at least, become practically regarding the iron and steel industry than ever before. nil. So far, therefore, as concerns Continental alliances, Indeed, it is no exaggeration to say that in fullness of France is left isolated. Absorption of Eussia's energies detail with reference to the facts concerning this imin the Eastern war, the massing of its land forces in portant industry, no report like it can be found in any Manchuria, and, more particularly, the annihilation of its other country. This is a distinction, to be sure, which fleet, render it powerless as an eSective ally. It is not the report has always possessed during Mr. Swank's of other Strange that the German Emperor's peremptory mands on France, coming have led at to the inference that de- such a moment, should he had deliberately chosen the hour of weakness to drive his old rival to the wall. We have not, however, tion. It may been able to readily be conceded that accept this supposi- if Germany had pre- long connection with the Iron & Steel Association, but growth and development of the industry the feature becomes invested with additional prominence' with the Moreover, a number of new tables have been added. Kearly for all the statistical compilations are carried back a long series of years, some of them for a half cen- mind certain definite demands in connection tury and over. The remark applies to the price records with Moroccan diplomacy, it would naturally have chosen as well as the figures of production and consumption. such a time to press them. But that any other purpose Altogether a mass of information in compact form of inviously had in entered into the German Emperor's designs we doubt, and this for the very good reason that the futile alliance between France and Eussia has, since a year ago, been replaced by the really much more effective entente between the French Government and Great Britain. Under such circumstances it is quite inconceivable that calculable value is furnished to the student and to all those interested in the condition and progress of the iron and steel industry. Mr. Swank's review closes with comes down the close to April 1905, and thua present time. His remarks improvement in the iron trade Germany should have contemplated forcing France to which began last August and September, and continued retaliation. The talk of mobilized armies on the Franco- to spread and to expand month by month thereafter until German frontier strikes us as the product of pure Stock April the present year, are pertinent at this juncture and Exchange imagination. It is true that certain German wri- are also suggestive of the causes underlying the moveters have used the occasion to express their dislike against, ment, and which likewise explain the betterment of tone not only France, but England. This, however, concerning the great something now noticeable once more after a halt of four or five which occurs almost invariably under such circumstances. weeks. Of course the great change in conditions which There is no reason to believe that these newspaper arti- occurred last autumn was not confined to the iron trade. is any respect voice the sentiments of the German It extended Government. The Emperor has carried out a diplomatic the country. cles in maneuA'er; but he has certainly not threatened war, and none It would be served by doing of his interests seems attitude is to us, so. moreover, that M. Eouvier's present wise and and the advantages statesmanlike. to The stake is small, be gained are hardly such as to — where accepted as an authority regarding iron matters that the extraordinary activity which began at the date more general applicathe iron trade than any previous mentioned has probably been tion to all branches similar "Warrant disturbance check power. mand of friendly relations with another This was the lesson very positively learned at whole range of industries throughout But Mr. Swank observes and he is every- to the state it of of things. Notwithstanding the remains true that for iron and steel of for recent several months the de- products in the United States ' tiuisji z^, iyuo.j THE CHRONICLE. has never been equaled. demand lias taxed and Mr. Swank asserts that this amounts of iron and steel, whereas previously' the domestic product had to be supplemented by large siderable taxing our manufacturing- is still plants to their utmost available capacity. Manufasturers of pig iron, steel rails, structural steel, plates imports. Doubtless very few peisons stop to think what an enormous difference this item by itself and and locomotives (inchuling railroad shops), and general machinery and foundry products, were never more actively employed than they are to-day. Tiie whole country urgently wants iron and steel ior a thousand uses. Our export trade in some iron and filieets, cars consumption. is On ex])orts awaken needs of their roads until the present year, and it tlie suddenness of this awakening that the country to the classes of iron which bearing the question whether activity We continue in the iron 1903 and continued for a great loss of confidence good part of in attended by 190-f, the financial and investment world, a very noteworthy curtailment of consumption ot iron and steel products ensued, making the need and want for such products very urgent when business i-evi- The tons. we steel), as find between a dif- total shrinkage in 1904 and 1902 of°over 3,000,000 tons. This comparison may be extended one step further with a concrete illustration touching a product used by the railroads make We alone. of rails in allude to steel The rails. 1904 reached only 2,284,711 mean that on account of the great shrink- against 2,992,477 tons in 1903, 2,947,933 Stock Exchange values Avhich occurred during and 2,874,639 tons m 1901. This shows a inuustry. age in is to and home consumption marked upon exceeded the imports by 901,276 adequate measure of the shiiukage which took place in home consumption. We have already seen that the make of pig iron in 1904 was 1^ million tons less than it had been in 1902 and if to this we add the If million tons loss on the import and export movement (of all managers recognized the necessity of mey'.iag these deficiencies before the general revival of prooperou.s conditions last year, but othere did not steel 266,398 tons. ference against 1904, therefore, in that regard was almost If: million tons. This makes it evident, as already said, that figures showing decreased production furnish no of these railroad and to In other words, in 1902 the imports exceeded the exports by 834,412 tons, while in 1904 the locomotives have been needed than had been built and also more bridges and better terminal facilities. Some the course of the last seven or eight months. Vv^e believe this to be a feature in the situation upon which hardly too much stress can be laid in its dropped the other 1,167,674 tons. (and in this also Mr. Swank is giving utterance to an important truth) that our railroad managers have not kept abreast of the country's marvelous industrial development in the last lew years. More tracks, more cars and more for iron steel hand the country's exports of iron and steel in 1902 were only 372,399 tons and in 1903 no more than 326,590 tons, but in 1904 the amount rose to also contributing to the general activity. owes the unprecedented demand made in the we imported 1,206,811 tons of and even in 1903 we imported 1,178,797 In 1902 but in 1904 the imports tons; However, the greatest demand for iron and steel comes from the railroads. The fact is now generally recognized is to and iron steol branches 2597 tion as it stands, but even of ton'' 1902 tons in large redac- this greatly diminished output a large part was shipped abroad, whereas in the two previous years the exports of rails had been very small. The was that the home consumption of 1904 amounted to only 1,900,237 tons, against effect rails in 3,057 195 and mercantile cir- tons in 1903 and 2,943,789 tons in 1902. This shrinkEvidence of the truth of age tells the tale of the economy which the railroads the statement is furnished in the fact that the out- were forced to practice during the time while put of iron and steel for 1904 in most lines was much financial conditions were unfavorable. came and confidence in cles was once more restored. Val financial We less than for 1903, the increase in the last of the year having fallen far short of few months equaling the losses sustained during the earlier months. We turthermore, of went largely Mr. Swank's annual The receipt of report, with the elaborate statistics contains, enables us to emphasize the point aud additionally to impress the reader with its significance. in the production Bessemer in 1904, as of pig iron of 1,512,219 tons; of rails Of amounts new railroads were being for that purpose; for repairs the less significant built, and the of rails that the rails on that account. that it railroads made whereas now, with a It rail- are needed and renewals; but the contrast membered furthermore in note (seventeen years before) it iiad been 2,276,921 tons. course in these earlier years very considerable mainly compared with 1903, may consumption road system of over 200,000 miles, the rails it There was a shrinkage the 1904 was only 1,906,237 tons, in 1881 (twenty-three years before) it had been 1,990,836 tons and in 1887 afiected all branches of the trade. while in have on several occasions during recent months published figures to show how great was the curtailment in consumption during 1904 and how generally it iron that is none should be re- was not merely in the use were forced to practice and castings of 733,089 tons, and economy in 1904. Orders for cars, for locomotives and in rails of 707,716 tons. In some cases the losses in tor the numerous other articles required had to be cut 1904 succeeded losses in 1903. Thus the shipments of down in like manner. It was owing to this circum. steel ingots iron ore from the leading iron-ore districts of the country were only 24,364,685 tons in 1904, against stance, for instance, that 27,071,503 Steel Car Company in the gross sales of the Pressed 1904 reached an aggregate of tons in 1903 and 30,416,055 tons in 1902. The receipts only $4,498,268, as against $26,601,249 in 1903 and of iron ore at the Lake Erie ports were only 17,932,814 -$33,883,519 in the calendar yeiri902 tons in orr^;v,„<. ir\ /?o-. rtr>-, ^ ,1 in IQO/f 1904, against 19,681,731 tons in 1903 and The situation then is that in 1004 the consumption of 22,649,424 tons in 1902. iron and steel by the railroads was far below the normal, The production of pig iron was smaller than in either accounting for the period of depression through which the' of the two preceding years—that is, Avas only 16,497,033 iron and steel industry was forced to go, while now the tons in 1904 against 18,009,252 tons in 1903 aud 17,- railroad demand for iron and steel is again of normal 821,307 tons in 1902. Figures of production alone, howproportions and there is in addition the 1904 and 1903 ever, tell only part of the story. It is a well known fact shortage to make up. At the same time iron and steel that duiing 1904, even with such a greatly reduced out- prices are by no means high. There was no undue put, it became necessary to find markets abroad for con- inflation even while extreme buoyancy ruled in the iron I , . — •' . . [Vol. lxxx. THE CHRONICLE. 2598 we demonstrated trade, as in our issue of May 27. Since ership making the then prices have somewhat further receded, account; for low state of affairs all the stronger on that demand and remove inducements prices stimulate deferring purchases in expectation of affairs of the side of this purpose apart for bank, and that if anything out- was sought the purpose could hardly be confrom In the present instance a was plainly avowed. Section one. sidered a legitimate this Eevised Statutes provides that the president and cashier of every national bank shall at all times cause to be kept a full and correct list of the names 5210 lower figures. still and unless some widespread general mishap should occur in the railroad world, it seems likely that the At process of recovery in the iron trade will continue. Hence the of U. S. and residences of all the shareholders of the association, number of shares held by each, in the office events it appears certain that consumption will and the all business is transacted. It is furthermore added remain large even if there should be an absence of the where its '' list shall be subject to the inspection of all buoyant spirit which until quite lately dominated the that such the shareholders and creditors of the association, and the market. authorized to assess taxes under State authority, during business hours of each day in which business may verified copy of such list ia be legally transacted." officers EIGHT OF BANK STOCKROLBERS TO EXAMINE STOCK BOOKS. If the decision lendered the present pellate Division (First month by the A Ap- in this State with Department) reference to the right of a stockholder in a national bank shareholders shall to make a copy of the registry list of be upheld by the Court of Appeals, the doctrine regarding the rights of national bank shareholders in that regard will have been, it would seem, materially extended. Under this ruling the officers of a bank can not inquire into the purpose for which the list is also required to be furnished to the Comptroller of the Currency once a year. Moreover, pursuant to provisions of Section 29 of the Stock Corporation Law of the State of Kew York, every stock corporation is required to keep correct books of account of all of its business and transactions, and also a book to be known as the stock book, which book must be open daily, during at least three business hours, for the inspection of its stockholders and make extracts therefrom.'^ must in judgment creditors ''who may is extended to foreign The decision was By Section 53 this requirement sought, but any event grant the desired request. It may be noted, too, that by Section 4 of stockholder corporations. a unanimous one and was to the effect that a the nait is provided that merely to the :j!fational Banking Act, in a national bank in this State is entitled not citizens of tional banking associations are to be deemed examine the list of shareholders of the institution, but to Acthe State in which they are respectively located. prepare a copy of the same for future use. Such a course^ cordingly the Courts of this State have uniformly held if sustained, will obviously tend to of the registry list make public property of the shareholders of the banks in the stockholder, having once obtained For what is to prevent him from divulging the this State. national that they possess jurisdiction in actions against banks and have exercised the same in due course. Thus it was clear that a stockholder in a national bank has the right to inspect the stock book at a proper, mation or from furnishing it to the newspapers or any time and place. However, as already stated, the view ? one else who may desire to avail of it has been that the purpose sought was an essential ele-' The general facts are probably known to our readers. ment in determining the right of inspection, and that to Joseph W. Lorge, a broker and holder of a small amount make such purpose legitimate it must have a direct reof stock in the Consolidated I^Jational Bank of this city, To go a lation to the interests of the owner as a shareholder. applied to the bank for leave to copy the list of shareallow the holder to get the much desired This request was refused by step further and holders of the institution. obviously is outside purpose Subsequently he called at information for some the list, infor- the officers of the institution. and asked This book having been handed the bank during stock book. commenced to business copy the hours list to see the to him, he of shareholders, whereupon bank took the book away from him. It broker, wanted is understood that Mr. Lorge, being a the list of shareholders in order that he might trade in In fact he admitted that he was a dealer in the stock. the officers of the and bonds, and that he desired stocks names of the shareholders in order that he legitimate purpose He to negotiate denied that he intended to obtain the might for a for the purcbase of stock. make use of the informa- giving the language of the statute an exceedingly broad meaning. The Appellate Division, nevertheless, speak- The ing by Justice Hatch, adopts such interpretation. inform the of inspection, says Justice Hatch, is to right he shareholder of the facts appearing in the book, so that He is entitled to all of the information act thereon. may be presumed, he armemory all of gues, that the shareholder can carry in his for the contents; and as the inspection is granted disclosed by the book. It is not to its he has purpose of informing him concerning the matter, memoranda as will the right to make such copies and make the inspection effectual, not only by conveying to enabling the contents of the book, but also by any purpose inimical to the interests of the bank. He contended that it was his right as a stockholder to his mind same in such form that he may act know the names of the shareholders, and that the pur- him to retain the The right of infor any legitimate purpose. pose for which the right might be sought or exercised thereon carries with it the right to make such was immaterial. When the bank officials declined to spection therefore the book as will enable the shareholder to permit him to copy the names, he applied for a writ of extracts from disclosed by the inspection. mandamus to the Supreme Court, but Justice McCall, retain the information power to withhold It is admitted that the Court has before whom the motion was made, refused to issue the purpose and may reguwrit. He then took an appeal to the Appellate Divis- an inspection for an illegitimate tion for which has now reversed the order of rhe lower court. Under both the Federal and the State statutes a national bank is bound to keep its stock book open for the But it has been supposed inspection of its shareholders. ion, that such inspection contemplated •llowing the shareholder to nothing more than inform himself as to the own- late the where it but time when the inspection shall take place; purpose, such as the is sought for a legitimate instance to Court conceives the purpose in the present during business liave been, and the application is made mandatory. right to such an inspection is hours, the Having become the owner of some of the shares, Lorge j June THE CHRONICLE. 24, 1905.] had the right to resort to the stock hook for the purpose of acquiring knowledge as to who were its stockholders, such information in permanent form by making a copy of the names. As disclosed by the record and to preserve was the object of Mr. Lorge, the Court thinks, in making a demand for inspection and taking memoranda therefrom. The right having been denied him, he was that entitled to the peremptory writ of mandamus for which he had asked. 2599 —It was annonnoed this week that the direotors of the Merchants' Trust Company of this city had accepted, subject to the approval of the Court, an cffer of |850,0'>0 made by the Colvin syndicate for the securities of the Hudson Valley Railway Company held by the trust company. It is stated that this sum, together with $300,000 cash on hand, $500,000 in New York City bonds, and $300,000 which some of the directors have agreed to advance, will enable payment in full to the depositors as soon as the Court's approval is obtained. See remarks concerning Hudson Valley Railway on page 2621. Mortgage & Trust John W. Flatten Vice—The public sales of bank stocks this week aggregate 275 President to succeed George M, Cumming, who became ehares, of which 95 shares were sold at the Stock Exchange President of the company several months ago. Mr, Flatten and 180 shares at auction. The transactions in trust company will sever his connection with the Lehigh Valley RR., of stocks reach a total of 60 shares. T ^enty-five shares of stock which he is Second Vice-President, on September 1. of the Union Exchange Bank were sold at 218)^ 219^ as com—The Merchants' National Bank of N ew York, 42 Wall pared with 201, the sale price last week, Morton Trust Co, Street, has just re-extended its charter for another twentystock sold at 9203^, an advance of 20 points over the price year period from June 17, 1035. This institution was founded paid at the last previous sale. on April 7 1808 and is the third oldest bank in the city. Oliveir Banks— jfeto Forft. Pries. Latt previouM $ale. Mhartt. 281-285 May 1905— 285 }100 City Bank, National Wolcott was its first President and Lynn Catlin its first *4& Oommeroe, National Bank of... 205-208>fl Jane 1905— 208 230 95 Irylntr National Bank May 1905— 23214 Cashier. The Merchants' has now a capital of $2,000,000, Mar. 1904— 200 5 N. Y. Nat. Exohance Bank 201% 200 5 Thirty-f onrth St. Nat. Bank Sept 1904- I8719 surplus and undivided profits of $1,436,497 and deposits of 218>4-219^ June 1905— 201 25 Union Exc'aange Bank 122,901,678. Robert M. Gallaway is President; Elbert A,^ Tbust oompanibb— A^ew Fork. Brinckerhoff, Vice-President; Simuel S, Campbell, Cashier,' 690>« 25 Guaranty Trust Co May 1905— 650 25 Lawyers' Title Ins. & Tnwt Oo. 814ia June 1906— 820 and Albert S. Cox, Assistant Cashier. Oa July 1st the bank 920ie 10 Morton Trust Oo May 1905— 800 will pay its 204th semi-annual dividend. * Sold at the Stock Exobange. § Of this, 50 shares were sold at the —The Jane 7th statement of the New York Life lasuranots Stock EzohauKe. —The dates for holding the annual convention of the & Trust Company, 52 Wall Street, made in response to the American Bankers' Association at Washington, D. O., have Banking Dapartment, is a pertinent reminder of this old and been changed to the early part of October, as it was found conservative institution's fiaanoial strength. Oa that date that President Boosevelb could not attend late in the month. Its deposits in trust amounted to $38,679,075, which compares It is now planned to have the "Trust Company Section" and with 130,048,844 June 30 1904 and $26,676,000 June 30 1903. the "Savings Bank Section" meet on Oct 10 and the "Bank- The book value of the company's surplus fund ($2,944,828) on ing Section" Oct. 11, 12 and 13. The Washington bankers June 7 last had a market value of $4,437,840. The instituare busy making preparations for the reception of the dele- tion has always restricted its business to private trusts, ITEMS ABOUT BANKS, BANKERS AND TRUST GO'S, gates. —The stockholders of the lately consolidated Trust Com- pany of America. 185 Broadway, met last Wednesday and effected permanent organization, The directors elected at that special meeting were Charles T, Barney, James Campbell, W. H, Chesebrough, John D. Crimmins, James M, Donald, Ashbel P. Fitch, H, B. Hollins, James S. Kuhn, Frank R. Lawrence, Emerson MeMillin, Hismer B. Parsons, Marsden J. Perry, Frank H. Piatt, J. J, Rlker, Edward C. Schaefer, George R. Sheldon, Henry F. Shoemaker, Samuel Spencer, Oakleigh Thorne, Robert B. Van Cortlandt, W. K. Vanderbilt Jr., Warner Van Norden, P. A. B. WIdener and On Thursday of this week the board B. F. Yoakum. directors cf Thorne, chose President; the following officers: Oiiklelgh John D. Crimmins, Honorary Vice- President; William H, Leupp, First Vice-President; H^man Dowd, Second Vice-President; Raymond J. Chatry, Secretary; Frank L. Hilton, Albert L. Banister, Carleton Bunce, Lee, F. C. Prest, W. J. Eck, Assistant Secretaries; S, D. Scudder, Treasurer; John G. Boston, Solicitor, and Frank W. BlacS, Auditor, The company's main offices are located in the old quarters W. W. cf the The North American Trust Company at 133 Broadway. Company offices at 86 Wall Street are to old City Trust be operated as a branch hereafter, while the former Trust Company of Amerioa'd banking rooms at 149 Broadway will be discontinued to-day and its business transferred to the main office. At a July meeting the stockholders will vote upon a proposition to increase the directorate from twenty- —The directors of the United States Company of this city have elected declining all corporation or other public trusl^. Its deposits constituting for the most part the trust funds of indi7iduals, estates and executors, and not activa accounts snbj )ct to daily demands. 192. The The total assets on Jane 7th were institution's executive, Mr, H mry Pariah, 140, 839,- has been actively identified with its affairs for over forfcy-one years. ' Mr. Parish became a trustee in 1864, Vice-President in 1869 and President in 1871, officiating as its head officer until the present time. Mr, Walter K?rr is First Vice-President; Mr. Hanry Parish Jr., Second Vice-President Mr. George M. Corning, Secretary; Messrs. Z^ger W. van Zilm and Irving ; L. Roe, Assistant Secretaries, of —The statement issued by the Real Estate Trust Company New York (30 Nassau Street) to the Banking Department, under date of Jane 7, shows that deposits have advanced from $7,723,366 on December 81 1904 to |9,739,278 on Juoe 7 1905, and surplus and undivided profi!:3 from $350,890 to Total resources increased from $8,002,256 to $10,- $781,802. 962,454 during the same period. —The Connecticut savings bank tax bill, which reduces one per cent, and which had been rejected by the Connecticut House cf Representatiyea, has been passed by the Senate. Senator Bicknell stated that the Attorney-General and other State offisials, including the Bank Commissioners, favored the reddotion. He added that he believed the House acted hastily, and that the real sentiment there was not against the bill. the amount by —The Street, 1-16 of old Brooklyn Trust Cjmpariy, 177-179 Borough of Brooklyn, has jast issued a made Montague summary of Banking Department on June 7 four to thirty members. The new institution's deposits were last. It shows quite noteworthy growth since that issued on It has a capital of $55,939,097 last Thursday, June 22. undivided profits Dec. 81 1904. The deposits on D30. 31 1904 were reported surplus of and a $9,600,000, with $2,000,000, The aggregate resources are at $15,855,19i, while the new statement Shows a total of amounting to $79,852, $17,897,896— a gain of over two millions of dollars in a little $88,649,855. over five months. Aggregate resources advanced from $19,—A semi-annual dividend of 6 per cent has been declared 003,892 tD $21,071,186. Theodore F. Miller is President; by the Hanover National Bank of this city, payable Jaly 1. Samuel W. Boocock and Frederick C, Colton are ViceThis increases the yearly rate of distribution to 12 per cent, as Presidents; Stanley W. Hasted is Secretary, and Frank J, its against 10 per cent paid since 1898. —It reported that a membership in the New York Stock Exchange was transferred yesterday for a consideration of |70,0G0. This represents a decline of $2,500 from the last is previous sale^ W. statement to the Diller, Assistant Secretary, ! & TradManufacturers' Buffalo, Y,— the & Bank of N. now ers' Mr. Pratt Traders' National— died on Sunday last, Vice-President of the bank until 1885, when he became Presi- —Pascal P. Pratt, founder of the Manufacturers' WM : THE CHKONICLE. 2600 He , retired in 1901, his eon-in-law, Robert L. Fryer, [Vol. lxxx. Bank, capital $400,000 the Commercial National, capital and the Union National, capital $250,000. The name to be borne by the consolidated bank will be the United States National, and it will have a capital of $600,000 and a surplus of $200,000. The officers, it is reported, will —The Fredonla National Bank of Fredonia, N. Y,, was ordered closed by the Comptroller of tha Carrency on Mon- be as follows President, M. T. Barlow; Vice-Presidents, G. day. This action is said to be the reenlt of information from W. Wattlts and Victor B. Caldwell; Cashier, Alfred Millard, the Examiner that the bank is insolvent. The institution has and Assistant Cashiers, W. E. Rhoades and L. M. Talmage. a capital of |100,000 and on May 29 last reported total liabili—The directors of the Merchants- Laclede National Bank dent. sncceeding to the head of the bank, Mr. Pratt was also, it He is stated, one of the founders of the Bank of Buffalo. was 86 years of age. ; $400,000, : J. W. Schofidld has been appointed reFrederick B. Green, Cashier of the bank, a warrant for whose arrest had been issued, has surrendered himself and given bail in the amount of $10,000. ties of $928,250. of St. Louis have decided to increase the bank's capital ceiver. $1,400,000 to $1,700,000. —Josiah E. Fernald has replaced Lyman D. Stevens as President of the National State Capital Bank of Concord N. H. I;aac Hill succeeds Mr. Fernald as Cashier. —J. Livingston Erringer, President of the Philadelphia Trust, Safe Deposit «fc Insurance Company of Philadelphia, died on the 15th inst., aged ninety years. Mr. Erringer was one of the organizers of the institution and had been its President since 1874. He was also a director of the Philadelphia National Bank. —The City Trust, Safe Deposit & Surety Company of Philadelphia was placed in receiver's hands on Wednesday. This followed the recommendation to that effect made by its President after a meeting of the Finance Committee, which had adopted a resolution in which it was declared the sense of that committee that the company could no locger safely continue, a loss having been incurred through the Gaskill forgeries. Benjamin H. Gaskill, who died several weeks ago, and was the sole member of the brokerage firm of Benjamin H. Gaskill & Co. of Philadelphia, "raised," it is claimed, a number of stock certificates, causing a loss to various banks and trust companies aggregating from $750,000 to $1,000,000. Mr. J. Hampton Moore, who was elected President of the trust company in May, issued a statement in regard to the company's embarrassment, saying in part "Benianing in 1898 this company loaned toB. H. OasklU & Go. upon most excellent securities until the agfcregate of the loan reached $155,000. Of this amount $70,000 was paid afcer Mr. GasklU's death. That left a balance due the company of $35,000, for which It was heUeved the collateral security amounted la value to $127,000. "These securities, left with the company several years ago, were found, upon examination yesterday, to have been forbad. Their actual Talue was a little more than $5,000, mabing the loss to the company nearly $30,000. Had it not been for this unfortunate and unforseen oircumstanoetbe company would probably hive weathered the storm brought about its head by the Appleyard Invasion of six months ago." As announced some weeks ago, Mr. Moore succeeded Gen. Louis Wagner, who had consented to accept the position temporarily last December after the withdrawal as President of Henry M, Jenks on account of rumors connecting the name of the bank with that of Appleyard & Co. The company has a capital of $500,000. It is the belief of the directors that the depositors will be paid in full. The company holds, it is stated, $96,000 of the city's money, and is on the bond for several public officials. The new stock from (3,000 shares) is to be issued for the purpose of providing a fund to pay for the Laclede Building and its site, lately purchased by the bank, and to remodel the structure. Present stockholders are offered the additional stock at $300 per share. The directors have agreed to take all stock not subscribed by other shareholders. Through the new issue the bank will also add to its surplus, making the amount $1,600,000. —The stockholders of the Merchants' Trust Memphis, Tenn., on Tuesday, the 20th Company of approved an addition of $300,000 to the $200,000 capital recommended by the directors on May 24. The new stock, we are advised, has all been subscribed and will be issued July 1. The selling price inst., $120 per share, $100 of which goes to the capital, and the $20, to the surplus account. The institution began business the current year on January 16. Felix T. Pope is is premium, the President. —The Virginia Bankers' Association, at its convention held In Richmond on the 15th and 16th inst,, had as its guest of honor Secretary of the Treasury Leslie M. Shaw. Other prominent speakers at the gathering were Robert F. Maddox, Vice-President of the Maddox-Rucker Banking Company of Atlanta, Ga.; Joseph G. Brown, President of the Citizen's National Bank of Raleigh, N. C; Col. John B. Purcell, President of the First National Bank of Richmond, and Henry L. Cabell. In his address as President, William H. Habliston (President of the National Bank of Virginia, at Richmond) took occasion to call the Association's attention to the inadequate banking laws of the State. He i^ald : " It is left almost entirely to the caprices of any banker how he shall run his bank and invest the funds. Nearly every other State has a carefully prepared code of laws for the regulation and examination of the State banking iDstitations, especially strict when applied to savings banks and their Investments." : The appointment of a committee of seven bankers to cowith legislative operate bodies on any legislation affecting the banking interests of the State was authorized in a resolution adopted by the association. — Arrangements for the ocnsolidatlon of two Dallas banks, National Exchange, American National and the namely the under the title of the American Exchange National Bank, were perfected on the 18th inst. The National Exchange Bank had a capital of $500,000 and the American National a capital of $200,090. The resultant bank— the largest Institution of its kind in Texas— has a capital of $1,000,000 and a surplus of —A run occurred on the Second National Bank cf Akron, $500,000. Royal A. Ferris, formerly President of the NaOhio, on Monday. The bank was able, however, to meet all tional Exchange, is the President of the consolidated institudemands upon it. The Akron Clearing House Association tion. The other officers are: Vice-Presidents, J. B. Wilson held a special meeting and adopted resolutions expressing (who was President of the American National), E, M. confidence in the bank's ability to pay and guaranteeing all Reardon, C. C. Slaughter, E. J. Gannon and E. V. Lane; deposits through the banks represented in the association. Cashier, Nathan Adams; Assistant Cashiers, J. A. Pondrom, The run, it Is understood, had practically subsided the fol- G. H. Pittman, L. B. Torrey, Howard Claiborne and H. H. lowing day. The bank has a capital of $350,000. Smith. The enlarged bank occupies the quarters of the Na—It has been decided to change the name of the H|olcomb tional Exchange. National Bank of Toledo, Ohio, to the National Biuk of To—The Mutual Life Insurance Company of this city, it has ledo, and the stockholders will be called upon to ratify the developed, is the "large and inflaentlal moneyed institution' proposition at a meeting on July 17. Cashier R. B, Crane which, it was announced several months ago, had made a states that the contemplated change Is due to a desire to get proposition to purchase one-half the proposed Increase of away from the personal, and adopt a commercial, name. The $1,000,000 in the capital of the Bank of California at San bank has a capital cf $300,000. Francisco. For the purpose of accepting the offer, the stock—The directors of the First National Bank of Milwaukee, holders of the bank were asked to release and assign to a comWis., have eh leen Oecar Kasten and Hanry Kloes as Assistant mittee their privilege to take 5,00) shares of the new stock, Cashiers. Tbe daties of former Asiistant Cashier Henry G. These, it was stated, were to be disposed of at $375 per share GoU will form paU of the functions of the new offiaers. The —$350 being paid to the bank and $25 to the stockholders. bank has diacharged the $3,000,000 loan advanced to it two William Babcock, a dliector of both Institutions, will be the months ago by the Milwaukee Clearing House and the Chica- Mutual's representative in the back. go banks, having made the final payment of $500,000 on —The Canadian Bank of Commerce has opened branches Wednesday the 14th inst. at Louise Bridge (Winnipeg), and at Saskatoon, Saskatche— It Is announced ihat three Omaha, Neb., banks will wan, N. W. T. W. P. Klrkpatrlck has been appointed Mancomblne-the Institutions being the United States National ager at^Saskatoon. .. June . THE CHRONICLE. 24, 1905.] DEBT STATEMENT MAT 1905. 31, The following statements of the public debt and Treasury cash holdings of the United States are made up from official figures issued May 31, 1905. For statement of April 30, 1905 tee Chronicle May 27, 1905, page 2193; that of May 31,' 1904, aee litU Of June 18, 1904, page 2419. t Conioli of 1980 Q.— J. 642.009.960 685,087.800 Loan of 1008-1918.. Q.—r. 198.792.e60 48.067 880 4i, Fnnded loan. 1007..Q.— J 740,930,760 116,088,660 Refnnd'froertlflo's.Q.— J. 40,018.760 U, Loan of 1926 Q.— F. 162,815,400 92,760.800 t 7,848,750 84,077,480 40,006,760 26,739,ibo 642,909,950 7T,185.3«0 160,5»5.400 27.630 118,489.90U Agg'teInt.-BearlnK Debt. 1,684.961,510 787,464.580 107.666,080 805,158.240 « NOT«—Denominations of Bonds are : '8''»n<*tn« oertlfloates; of |20 loan of 1908 coupon nl fix **??','""'^®* remswrea. •""" reirlstered except 3s of 1908; of tlOO all Issues; """""" and 9.1 112^", « fS*'nn5"iS"*P*l^? °i ^"0* and nJ .% 2X^" 'eKlsted Of »20.000 oo^P-: of $1,000 all Issues; 28.88 48; of $10,000 all reelstered bonds; reel8t. 48 loan of 1907; of 160.000 regUtered 28 of 1930. ^P'"'"- Jlay °' 18B1. matured September 2 1891.. f^?^'^^*V£S,° Loan of 1904, matured February 2, 1904 Old debt matured prior to Janf 1,' 1861. and Vat^i'.: 45.700 00 S24 s-M no 047;793 26 46 TOOOu tnir-ln nn 947;716 2° Si. iT^Joisle 11,401.045 86 DEBT BEARING NO INTEREST. »« United States notes abi Mann ' Old demand notes ..........;.... '^I'SJ^SS National bank notes-Redemption account!!!;!!;!*.!!!! si^sfi^ifio Fraotlonalonrrenoy less |8,876,984e8tim'd ai lost or destroyed 6;867.38i 08 , Aggregate of debtbaarlDKno Interest .TssTesaoOOOS RECAPITULATION. ^. May 31, 1005 f 896,168,240 00 1,377.166 26 884,962,100 08 Inc. or Dec .4pril 30. 1906. * t 806,158.070 00 Inc. 1,401,045 26 Dec. 884.977,f07 68 Deo. depressed that it iuflaenced unfavorably all other departments. Oa Thursday morning, however, there was a change. It was reported from St. Petersburg that the Russian Gov- ernment had requested the governments of the United States and France to find out what are the Japanese terms of peace. As there are many other grounds for believing that the Czar at last has been brought to see the necessity for peace, the report was instantly accepted as true and markets all recovSince the battle of Mukden many of the Grand Dukes ardently in favor of continuing the war have come to see that peace was necessary. The Czar's mother, also In the beginning in favor of war, ha3 lately be, Funded Loan of I89i,oontlnnedat 2 peroent.oalled Debtonwhlohlnterest has ceased But especially they sold mining shares on a and the mining market in London became so ered. DEBT ON WHICH INTBRB8T HAS CHASED SINCE MATCRtTT. OlasHfleation of Debt— Interest-bearlnRdebt, Debt, Interest ceased Debt bearing no Interest.. both in London and upon the Continent were, if possible, more depressed than before. The French sold all sorts of large scale, — t Si. St, were rejected by the Sultan of Morocco, the scare revived, and the majority of the French politicians decided that the only safe way out of the difficulty was to sacrifiae M. Dalcasse. For the first three days of tie week, therefore, markets securities. INTHRBST-BBIABINQ DEBT MAY 31. 1905. -— - AmountOutitanding lntere$t Amount Loan— payable. itiued, Registered Coupon. 2otai '2601 KO 00 23.880 oo 86,407 80 who previously were come an; advocate for peace. And since the Baltic fleet was annihilated, almost everybody who counts in Rissia has likewise gone over to the Peace Party. For all that, the Czar has remained obdurate, obstinately insisting that at any risk war must go on. lb is believed, though, both in London and in Paris, that during the past fesvdays he has been shaken in his obstinancy; that his Ministers and others have talked to him in a far more outspoken manner than ever before, and that diplomatists likewise have contributed to the his awakening to the true sense of the situation. At any rate the opinion prevails just now in Western Europe that the prospects of peace are far more favorable than they have been since the war began. If peace is concluded, the universal opinion of the best Total net debt 1,000.346,187 36 ~997i817,941 67 Inc. 3,128,186 63 judges is that there will be a marked improvement in markets *Inolndlng|160.000,000 reserve fund. everywhere. In France, more particularly, the relief will The foregoing figures show a gross debt on May 81, 19C5, be immeasurable. France will feel that she is no longer at of 11,281,487,505 34 and a net debt (gross debt less net cash the mercy of Germany; that even if Raesia is seriously in the Treasury) of $1,000,346,127 35, maimed, still an empire of 130 millions of human beings has Treasury Cash and Demand Liabilities.—The cash always to be counted with. Moreover, France will hope holdings of the Government as the items stood May 81 we that with peace will come reforms, and that therefore the immense sums she has invested in Russia will be safe. The have prepared from the Treasury statement of that date. recovery of courage in France will give an impetus to busiASSBTS LIABILITIBS. 2r«8t Fund Holdings— Trust Fund Liabilities— ness everywhere. Moreover, France in her delight at the Gold coin $619,762,969 00 Gold certificates f 5 9,76?,960 00 Silver dollars 468, i60,ooc 00 Stiver certificates 466,160,000 0ending of the war will be ready to furnish Russia with Silver dollars of 1890.. 9,525,661 00 Treasury notes of 1890.. 9,0l7,ovo«C Silver bullion of 1890. 91,389 00 whatever is necessary to pay an indemnity. And the inTotal trust funds $99^,629,969 UO Tot. trust liabilities.. »996.5^9.e6ij 00 demnity will be lodged in the first place at all events in General Fund Holdings— Oen. Fund LiabilitiesGold coin and bullion... {31,320 Oil 80 London, where the accumulation of such large funds is sure Gold certificates 3«,H51,ii7000 National bank 5 per cent fnnd 113,054165 IS Silver certificates 5,«87,8»7 00 to bring about great activity in every kind of business. At Silver dollars 18,«10,»12 00 Outstanding checks and I,281,487.e05~84 *,' '^^°". n« .v°K Cash balance In"S,''* Treasury* 88 1.14l.37 7 90 1.281.538,622 84 284.318,681 17 dTt! i97r7To Dec. 3.177.803 18 . . . Bllverbulllon United States notes Treasurynotes of 1890. National banknotes... Fractional sUvercoln., Fractional currency... 79 00 00 00 b8 119 36 609,158 51 22.552 86 3,748,872 14,39B,aa3 33,709 13,C68,127 13,603,977 Minor coin Bonds and Interest paid Tot. In 8ub-TreasurlesJl39^m070e9 In Nat. Bank DepositariesCredit Treasurerof U.S. 169,488,820 67 8,974,972 88 Credit U. 3. dlsb.offlcers 17^4^7.792 t»5 Total In banks InTreas. of Philippine Islds ' Credit Treasurer of U. S. |1,C23,032 99 1.81B.446 63 Credit U. S. disb. oflleers. Total in Philippines, $8,739,479 65 Reserve Fund Holdings— Gold coin and bullion $160,000,000 00 . Grand total . $1,306,»70,312 -Jd drafts 9.936,223 78 Disbursing officers' bal- ances 53.441,048 60 Post Office Department account 7,440,160 83 Miscellaneous items, l.4?4.366 93 Total gen. liabilities.. tbO.Soa bOa 30 . . . Oash Balance Jc Reserve— Total cash and reserve. ,$;81,141,877 09 Made up of— Available. ,$131,141,377 99 and Reserve Fund Gold & bnll.$160,000,0 00 00 Grand total.... .$1,866,979,313 29 moment that we write, therefore, there is a more hopeful feeling than has prevailed for fully a year and a half. E^en in Germany the prospect of ipeaoe has had a vivifying inflathe Germany is] becoming seriously anxious lest much longer continuance of the war should bring about revolution, and, what is even more serious to Germany, should enable the Poles to win autonomy. Consequently the commercial classes universally in Germany are anxious for an ence, for end of the war. The Board of Trade returns for May show that the imports of allklndsamouated to £16,832,967, an Inorease compired with the corresponding month of last year of £3,052,869, or 4*6 per cent. For the five months the value of the Imports has been £229,595,284, an increase of £30,177, or 0*3 per cent. The value [From our own eorrespondent.] of the exports of British >ad Iri ah produce a id manufactures for the month of May was £27,252,693, an increase over May of last year of £ J,93),6!)4, or 12-0 per cent. For the five months the value of the exporcs has been £129,720,824, an increase of £),673,937, or 8 per cent. The va'ue of the re-exports for May was £-3,805,433, an increase over London, Saturday, June 10, 1905. D M. jlcasse made an exceedingly bad impresThe sion upon European opinion. But it had become practically inevitable, for the majority of the French people are resolved May of last year of £1,219,747, or 22 2 per cent. For the five not to risk war with Germany at a time when their ally is months the value was £33,655,129, an increase of £J,251,033, fall of unable to materially assist them. There is no harm now In saying that the depression in the European markets, which has lasted for some weeks, is mainly due to the extreme anxiety that has prevailed in Paris ever since the Garman Government unexpectedly declared itself opposed to French policy in Morocco. At first there was serious alarm. Tben the majority of Frenchmen came to balieve that the worst had passed; that as Italy, England and Spain had given clear proof that they would stand by France, Germany would not push matters to extremes. However, when the French proposals or 7"1 per cent. Money is plentiful and easy and is likely to continue so. In owing to the anxieties that have prevailed, there is Paris, utter stagnation in every kind of business. Money, therefore, has become a drug and the banks do not knotv how to employ It. They have this week somewhat Increased their balances In London, even though business in London was very quiet, If peace is concluded and business Improves in consequence, no doubt the French banks will immensely increase their balances here. Consequently the present expectation is that — —— ) . BIT1»BN»« be of Ergland'srate of discount will before long that concluded, not is peace if Even cent. reduced to 8 per probable. If peace is concluded and Japan insists ifl [Vol. lxxx. THE CHRONICLE. 2602 the Bank thought mainly noon a large indemnity, the money will be furnished Bank in the lodged be will place first the in and bv France, of money from of England . The transf errence of a large sum there isn t causes, political many so to owing Paris (where, as soon as much enterprise at present,) to London, where,outburst of great for a looking is one every peace is restored, business and in enterprise, will give an immense impetus to But for a considerthe lorg run no doubt will raise rates will make rates money much of so presence the time able buainess. of kind easy ani will encourage every The India Council offered for tender on Wednesday 30 lace to nearly 262 lacs at of drafts, and the applications amounted to Is. 4 l-83d. per rupee. 31-33d., 3 Is. from prices ranging Applications for bills at Is. i\ and for telegraphic transfers per cent of at Is. 4 l-32d. per rupee were allot'ed about 11 for. applied amounts the « .. n ». The following return shows the position of the Bank oi England, the Bank rate of discount, the price of consols, &c., compared with the last three years: 1906 Jun«7. ClronJatlon Pnbllo depoBiti Other deposits. Gtovernment securities X fh^^Hfa iZ'iliokn ofm BmU Silver Cumberland Valley 3-,447,'i7d 631-16 a 80 7-16 177,09. ,000 Iiondon Texas S Montht. S AfO* Uonthi A 2 Canton-Akron By lea 605 o«« Presidio IM I 1 I IH IM IM 194 IH Ensilali Financial Blarfceta— Per Cable. at London The daily closing qnotatiODS for securities, etc., ending Jnne 26: week the for follows as cable by are reported LOUDON. — d. Silver, per ounce C)onBolB.,new, 2>i p. ots. Tuet. Wed. Thurs. 27 27 27 k 27 k 9038 907,8 907ie If on. 8at. 2T« 90^ 9oeie For account Ffohrentesdn Part8)ir. 9875 9870 5k 5k Anaconda Mining 83k Atoh. Top. A Santa Fe. SSOe Preferred Baltimore & Ohio Preferred Cttnadian Pacific 105 k 105 1« UlSa 111k 99 k • — Chesapeake A Ohio Ohio. Great Western... Preferred Brie, common iBt preferred 90 k 4ia8 41% 81 80% 81 67 35 52% 8214 9&is 167i« 6914 45ifl 63% 32H Pacific Southern Rallw., com. 28k 96% 28k 96k Wabash 19 39 k Preferred 74 k Debenture "B".. 81% 81% 68 69 170% 151% 81k 68 167 64k 5238 81<»8 69% 6978 32k 49k 4(}% 45k 64k 146 52% 83k 95 k l6i*k 70% 49k 46% 45k 82k 99k 32% 33 99 k l26Bi 127 >8 100 lOOk 99 i« 9908 19 97 k 19 39k 89k 40 74 74 19k 29 147% 64B8 30 21k 66 36 6408 28^8 74 180k 42 38 95 k 167 k 64 19k 4208 I67k 6308 53 9ik 35 146 46% 45k 155k 29 91 64 35 45 k 52 49 k 114 99 k 29 91 42 k 64 35 i9k 46% 45k 106k 31 29 95 k 5% 85 29k 28k 81k 97 90 28% 21k 29k 99 1« 9Uk 180 83 2lk Preferred U. B. Steel Corp., com. Preferred.... Union Pacific IZft's 52% 19k I51k 99 k 12« 99 k 99 )« Preferred 155 21 69 k 46 \ 51% I9k 98k 20k 28k 95 k 167 k 49 If *.... 155 lis l69k 151k .65k 149k 43% 52k 81k 145 2d preferred* Bonthem 28k 28k 4138 164k 49H Phlla. «») Reading iBt preferred* I79k 90k 165 minolB Central Louisville A NasbvlUe. I4914 20% Mexican Central Mo. Kan. & Tex., com.. 2flk 64 Preferred Norfolk A Western Preferred Northern SeourltleB... PennBylvanla 99k 91 67 k Nat. RB. of Mex. .1 st pf N. T. Cent. & Hndeon. K. Y. Ontario & West- 99k 19k 28k 28k 67i« Sd preferred 112k 61 178 OlUo. Mil. 4 Bt. Paul... 179 Ohio. Rook I. & Paolflo. 28k Den. & Bio Or., com.... 28 111% 50% 19k 19>« 27 lis 90l,e 90^ 90»,6 98-87k 98-82'» 98-47k 536 t\ 5k 847e 84k 84k 105% 106 106 k 154k &i 90k *y*. 90k 1S4k i27k lOOk 8vB8 100% 19k 40 76 S.'^k 62% 84k 95 k 168% 71% 60 46% 46% 64% 33k 99 k 128% 100** 31 100 19% 4C% 76 Price per share. ©ommerctitt <tm\ naisccHancotisllcws AmeUon Sales— By Messrs. Adrian H. Muller dc Sou Stocks Stocki 95 Irving Nat. Bank 230 26 Union Exob. Bk..2184.21S!% 6 N. Y, Nat. Exoh. Bank. .201k 200 5 84th Bt. Nat, Bank lOOaanalty Oo. ot Amer... 140 2,600 Amer. De Forest Wire. Teleg. Co., 2,600 com We Forest $'^ 60 lot Wlrelecs TelfgraphCo $500 lot 10 WoodiHwu Cemetery 149k 100 Det. & Mack. RR., com.. 60 281 60 Nat. City Bank 10 Morton Trust Oo 920k & 690k 26 Guaranty "Trust Co 26 Lawyers' Title Insur. 3141.. & Trust Co 875 Intern. Bank. Oorp.it8-ie&i2 Jlondi. $7,000 Ulloa Clint. A Blng. KR. 1st 5s, 1939, JAJ 127k $4,000 Coro. & Lavela RR.& Imp. Co. lets, 19<:0, Jan., 19U0, coupons on. .$80 per bond $5,000 Amer. Writing Paper Oo. lit SB, 1919, J&J..87 & Int. 1 20 Holders ol rec. J'ne 30 1 1 iH to to 8 Holders J'ne 21 ] of Holders of ree J'neSl* J'ne 30 to to J'ly 6 Holders of reo, J'ly 20 Ang 1 to J'ly 16 J'ne 30 to J'ne 28 to J'ly 16 J'ly 11 to J'ly 9 J'ly 1 J'ly 16 to J'ly 8 J'ne 17 J'ne 2 1 20c J'ne 3 J'ly 16 J'ly 18 re& J'ne 21 J'ne 30 to 6 16 J'ly 16 J'ly J'ly lh> J'ly J'ly 1 J'ly 1 1«« Aug 3 J'ly 2H J'ly 3 J'ly ». J'ly & I »U«t2H 2M®«H 2 2k Mob 1 S 1-16 June & Holders of reo. J'ne 20 Holders ot reo. J'ly 1 J'ly 2 to J'ne 27 Holders ot reo. J'ne 30 J'ly J'ly J'ly J'ly J'ne 21 J'ne 23 2 1 J'ne Butotiers' * Drovers', National 1 J'ne 24 Chatham National (quar.) 1 J'ne 24 8 Citizens' Central National 1 J'ne 21 7 City, National, Brooklyn I J'ne IS 4 Columbia ] J'ne 22 2 Commerce, National Bank of (quar.) ) J'ne 22 3 East Kiver National 1 J'ne 23 3\ Fourth National J'ne 22 30 J'ne 3 Garfield National (quar.) J'ne 17 ) J'ly 7 German Exchange 3 J'ne 21 S J'ly Hamlltrn 1 J'ne 21 6 J'ly Hanover National I J'ne 21 10 J'ly Importers' A Traders' National 1 J'ne 21 4 J'ly Irving National (No. tfO) J'ly 1 J'ne 21 6 Market A Fulton National..... 1 J'ne 20 J'ly 4 Mechanics' & Traders' 1 J'ne 22 J'ly 3 Mechanta' Exchange National J J'ne 24 S'i J'ly Merchants' National (No. 204) ) J'ne 26 6 J'ly Nassau National, Brooklyn 1 J'ne 28 J'ly 2 (extra) .. do do do 1 J'ne 24 New York, N. B. A .Bank of (No. 243) 64 J'ly 1 J'ly North America, National Bankot... J'ly 1 J'ne 25 6 Oriental (No. 104) rue 22 4 J'ly Park, National (guar.) i J'ne 'iS 6 J'ly People's (No. 108) ) J'ne 25 8 J'ly Seaboard National 1 J'ne 16 3 J'ly Twelfth Ward 1 J'ne 16 3 J'ly Brooklyn 10 America, Bank or Broadway, Broiklyn J'ly J'ly J'ly J'ly J'ly J'ly J'ly J'ly J'ly J'ly 6 3 4 nmon, Wallabout. Brooklyn 8 J'ly Bankers' (quar.) IH J'ly J'ly Trust Companies. 3 4 16 Bowling Green Broiklyn, Brooklyn (quar.) Central (qnar.) Equitable (quar.) • New York ---- Title Guarantee nmon A — 6 4 Trust (quar.) 12's J'ly 25 J'ly 3 J'ly (qnar.) United States Washington (quar ) nilsoellaneons. American Cement (Ho. 13) American Chicle, com. (mthly) pref (quar.) do do American Locomotive, pref. (quar. (quar.) Pipe American Sewer American Shipbldg pref. (qnar.)...... Amer. Smelt & Refg, com.(qu.)(No.7) pl. (qu.)(No.24) do do American Telep A Teleg. (quar.) (extra) do do American Woolen, pf. (quar.) (No. 25) Associated Merchants, 1st pref. (qu.). do (extra) do do , 2d pref. (qu.).. do do do (extra) do do Bell Telephone of Phlla (qnar.) Central & So. Amer. Teleg. (quar.) ----..-..Century Realty Columbus Gas t A Heating, pret.... Heating Consolidated Car (extra) do do pref. (qu.) Du Pont Internat. Powder, Klec. Storage Battery, com. A pf. (qu.) (quar, Great Lakes Towing, pret. _ (qa»r.) (No. 22) Hall .Signal, com Intt^rnat~Smoke.P.'AOhem.,com.(qu ) KnUkerboiker loeot Chic, pf. (No.l4) Mexican Telegraph (quar.) Gas Light N Y MutualBte.-l A Ooal, pref. (qu ).. Nova Scotia Steamship (No. 6lt) Dominion Old Pittsburgh Plate Glass, com. (quar.).. Procter* Gamble, pref. (quar.) Standard Coupler, com pref do do Stetson, John B., Co Wells Fargo do (extra) do Westlnch. Eleo A Mtu. all stocks * Transfer books not dosed. (qu.) to to to to to to Holders ot reo. 1 J'ne J'ne J'ne J'ne J'ne J'ne J'ne J'ne J'ne 31 J ) 30 3 80 3i 3( 11 J'ly 1 .J'ne Aug Aug l"* J'ly J'ly i»4 J'ly 1 H* J'ly 37»aO J;iy m 2»n J'ly J'ly 6 3 J'ly J'ly 3 Ik. J'ly 2 J'ly J'ne 1 S 1 2 3 8 2 m J'ly J'ly J'ne 30 J'ne SO J'ne 30 J'ne 30 1 J'ly J'ne 20 J'ne 30 J'ne 30 J'ne 30 J'ne 30 J'ne 30 J'ly 2 J'ly 1 J'ly J'ly 1 J'ly 2 a J'ne 30 J'ne SO J'ne 30 J'ne 30 J'ne 30 J'ne 20 28 18 24 2 J'ne 30 J'ly 2 J'ly 2 J'ne 30 J'ne 30 J'ne 30 J'ne 80 J'ne 30 J'ly J'ly 9 J'ne 30 J'ly 1 J'ly 21 J'ly 30 J'ly 20 J'ly 20 1 J'ly J'ly 2 J'ne 25 J'ly 16 8 J'ly J'ly 16 J'ly 6 J'ly 4 J'ne 25 J'ly 14 to 1 J'ly J'ly 14 to J'ly J'ly 18 to J'ly J'ly 16 to J'ly J'ly 18 to J'ly J'ly 16 to J'ly J'ly 16 to J'ly Holders ot reo. J'ly 6 J'ly 7 to J'ly 1 to J'ne 27 J'U 2 Holders ot leo J'ne SO to to to to to to to to Holders ot rec. J'ne 20 Holders of reo. J'ne 28 Holders ot reo. J'ne 16 i J'ly 4 to J'ne 27 Holders ol reo. J'ne 20 J'ly 4 to 3 J'ne 23 J'ly 14 to 1 14 J'ly to J'ly 10 10 J'ne 27 1 ] ) 1 If J'ly ] 1 J'ne 21 to to 1 16 J'ly 9 J J'ne 26 6 J'ne 80 J'ne 20 J'ne 80 J'ly to to to to J'ly 2 J'ly 3 J'ly 18 J'ly 18 J'ly 19 Aug 1 Aug 1 to to to to J'ly 20 J'ly 18 J'ly 16 J'ly 10 1 jay 13 1 J'ly 13 J'ne 30 to J'ueai 80 J'ne J'ne 80 Holders ot reo. J'ne 26 J'ne 8t Holders of reo. J'ne 26 Ang Aug J'ly J'ly J'ly 1 3>» J'ly 8 8 20 2 J'ly Holders ot reo. to If J'ne 21 to HO J'ne 26 to J'ne 3(1 J'ne 26 to 9 J'ly J'ly 15 4 1 26 8 8 24 24 26 27 33 9 J'ly J'ne 27 J'ne 27 m l»s to to to to to to to to to to to to 31 J'ne 26 J'ly J'ly l\ J'ly 1»4 J'ly »4 J'ly 1»4 J'ly l*. J'ly 1^4 J'ly IVl J'ly »4 J'ly 1^4 J'ly l-. J'ly J'ly J'ly J'ly l>-j J'ly 1 \ J'ly 4 J'ly J'ly 3 1 2 J'ne 30 J'ne 30 J'ne 30 J'ne 30 J'ne 30 J'ne 80 J'ly Holders ot reo, J'ne 1 J'ly to 1 If J'ly 3( Holders of reo. J'ne 1 10 com .i 3 4 pret do do ;— •Tefft Weller. pref. (qnar.) Tennessee Cual, I. A BB., com. (qu.).. pret. (qu.).. do do Texas A Pacific Coal (quar ) united States Mtge. A Trust (extra)... do do do Vulcan Dettnnlng, pret. (quar.) A J'ne J'ne J'ne J'ne J'ne 6 •-- 1 J'ly J'ly 6 6 to to to to to to to to to to to to to to to to to to to to to to to 1 J'ly 2V J'ne 2 (qnar.) Standard. J'ne 3 Manhattan (extra) do Mercantile (quar.) (extra) do 21 1 3 , Ft. Wayne (quar.) Perries, Han Fran, (mthly). Bochester (N. Y.) By., pref. (qnar.)... Mt Carmel Elec, pt. Shamokin ( Pa.) 8yracni.e Rapid Transit, pref. (qnar.). Mnncie Hartford reo. J'ne J'ne 30 1 J'ly 5 2>2 J'ly J'ly 5 J'ly 3 J'ly 3 ... pret Cincinnati st Ry. (qnar.) Cleveland Electric By. (quar.) Consolidated Trac, Pittsburgh, com... Detroit United Ry. (quar.) T ancaoter Co. (Pa ) By. <& Lt., pret Lincoln (Neb.) Traction, pref Little Bock By. A Klectrio, pret Join, StoeA At 7-11 Bankt Oult Dayi 2H i-m&iVi com pret do Vermont Valley Worcester Nashua & Boohester Wrlghtavilie & T^nnlUe, com. & pret. Sn-eet Railways. Dts'tfli 2H®'-9i 2ii&iH 2M 2^(j»2H 6-16 2J^ 2H®* 2 3-10 Central, Holders of 1 1 m Banks. BUU 4 & VTashlngton Water Fow.,8pokanetqn Bate*. 2'udt pr«l Boo)U OUuA. (Dayi Incl%ui9e.} 1 Holders (t reo. J'ne 20 Not closed. 10 16 Holders of rec. J'ljr 1 16 Holders of rec. J'ly 1 to J'ly 13 14 J'ne 22 16 Holders of rec. J'ne 20 J'ly 30 to 31 J'ly 22 6 1 Holders of reo. J'ne J'ne 30 to 1 J'ne 18 rec. J'ly 14 of Holders 1 Ane 2 Jt Holders of reo. Aug 23 Sep 2 3K J'ly 17 Holders of lec. J'ne 26 Lane... do lnt*r$$t mil**'*' for (l«yo»<t> >t B*nk BilU. & N. Y. Oiitano* Western, com Northern RR. of N. H. (quar.) Norwich A Worcester, pret. (qnar.)... Beading, com Ist pret do Southern Paoiflo, pref. (No. 2) The rates for money have been as follows: Ovtn Market do do P-ll.i6d. 189,483,000 J. Coal..... Little Schnylklll Nav. BR. Mine Hill <te Schuylkill Haven e«« ^Sh,'}^ iSo%a. J'ly J'ly J'ly 1\ J'ly I'l! J'ly l\ J'ly J'ly 2 J'ly 2 4 J'ly J'ly 2 J'ly 6 2>9 J'ly J'ly 3 J'ly IH J'ly 2 J'ly 3 4 2 Leh gh Valley, com S9,312,n0 10,90m291 14.U93.'85 k7 ^H0.6^4 25,784 70 87.311,8.0 5K 8 When Payable (quar.) Granite Harrlsbnrg Portsm. Mt. 11. 14,9;3,ai» 86,422.185 25,648 175 86,407.836 Per Oem Railroads (Steam). Allegheny & Western, gaar Bait. & Annapol.s Short Line Belt Ry. of Chicago (quar.) BnfT <fe SnBqaehanna,com.(qn.)(No.26) Chicago <b Western Indiana (qnar )... Cleve. Cln. Ohio & St. Louis, pt. (qu ) s 408^0,44S {.014 ihi 22a,581.ono Cleartne-Honse returns June 10. £8,634,660 7,3^6.458 28,331,875 7,58*,V82 3», 178,735 1P,68?,S0« 24 371,720 2»,600 11-9 33,284,07* ?l'|?EoJ8 l?'5iniil Prop, reserve to liabilities, p. o. -per cent. rate Consols. 8H per cent June i 8. ifoMM 0f CM*i>«ny. ifoa. 1908. 1904. June Other secnritlei.......... S5'o5?'?S? EeserTeof notes and coin...... a'-327.i34 Coin & bullion, both departm'ti 38.273,614 May ) 30 J'ly 8 16 J'ly 1 16 J'ly 1 10 J'ne 37 .. . . June THE CHRONICLE. 24, 1905.] NeiT York City Clearing Uoase Banks.—Statement of condition for the week ending June 17, 1905, based on average of daily results. We omit two dpher* (00) in all cases. ^603 JNew York City, Boston and Philf.delphia Banks.—Below a summary of the weekly returns of the Clearing HouM Banks of New York City, Boston and Philadelphia. The New York figures do not include results for non-member banks. TFg omit two ciphers (00) in all these figures. __^ IS } BANKS. Capital. Surplus. loans. Specie. Legale. f 00a omitted. Capital it BAKKS Surplus. DeposiU Re- Zoans. Specie. Legals. De. Circu- posits.\ lation. Clearingt, s've. N. Y. $ $ $ Bk. of N. T. Manhat. Co. 2,000,0 2,604,3 18.345,0 2,847.0 1,674,0 2,050,0 2,559,8 26,493,0 4.258,0 2,328,0 Mercliants' 2,000,0 1,435.5 13,945,0 2,903,0 1,635.0 Mechanics'. 3,000,0 3,468,4 21,486,0 2,856,0 2.685.0 America 1,500,0 3,847,5 22,435,9 3,448.4 2,203,4 Plienix 1,000,0 218,8 5.375.0 1,136.0 207.0 City 25,000,0 17.480,7 188,529,7 43,625.5 9,568,8 Chemical .. 7,6.-<8,7 300,0 24.654.0 4,249.7 1.787.9 Merch. Ex . 600,0 365,8 6,025,8 84 6,8 642.1 Gallatin 1,000,0 2,234,4 8,612.9 1,060.2 600.7 But.&Drov 300,0 119,9 2,079,9 637.2 74.5 Mech.&Tra. 700,0 372,9 5,163,0 917.0 595.0 Greenwich 500,0 554,8 4,402,4 626.6 350.0 Amer.Exch 5,000,0 4,260,9 27,658,8 2,724,0 1,935.1 Commerce.. 25,000,0 12,113,0 160,134,0 23,414,3 13.655,2 Mercantile 4,371.9 21.809,2 3,000,0 3,348.1 1,406,6 Pacltic 630,4 3.467,0 422,7 288,3 441,6 Chatham ... 450,0 1,045,5 6.233,0 593.7 1,012,11 People's ... . 200,0 429,7 2.204.0 185,5 639,0 N. America 2,021,8 14.522.4 2,000,0 1,450,6 2,036,7 Hanover ... 3,000,0 6,961,5 47,956,0 9,191,6 4,906,3 Irving 1,000,0 1,088,5 7,133,0 1,354,8 435,7 Citizens' .. 2,550,0 634,4 14,795,6 3,278,3 1,628,9 Nassau 315,2 3,277,3 500,0 401.7 435,2 Mar.<fe Fult. 1,385,8 6,730,6 1,000,0 1,437,5 638,4 429,1 Shoe&Lthr. 7,468,5 1,000,0 2.323.4 457,6 Corn Exch . 3,301,6 30.474.0 2,000,0 6,579,0 3.866,0 Oriental ... 1.114,7 8.520.0 750,0 2,325,7 453,6 Imp. <fc Trad 1,500,0 6,718.9 23,262,0 3.559.0 1,463,0 7,324.7 74,945,0 15,406.0 6,919,0 Park 3,000,0 109,0 1,241,6 East River 250,0 207.0 211,2 Fourth .. 3,015,9 21,027,9 3,000,0 4,106.5 2,248,4 Second .. 1,519,4 9,713,0 300,0 618.0 2,036,0 First .... 10,000,0 15,914.3 100.473,9 21.151.9 2,438,5 883,1 8,982,1 N.Y.Nt.Ex; 1,000,0 1,762,2 609,2 771,0 3,362,0 Bowery 250,0 603,0 382,0 7'..9,5 4,784,8 N. Y. Co 200,0 951.1 476,0 546,4 3,875,4 German Am 718.4 750,0 196,5 4,399,5 43,373,2 11,144,0 1,855,7 Chase 1,000,0 9,677,1 Fifth Ave .. 1,769,5 100,0 2.408.4 394,8 728,5 2,875,8 German Ex. 200,0 215.0 700,0 876,8 2,701,6 Germania .. 200,0 462.9 823,0 l,42s,6 14,251,3 Lincoln 300,0 1,242.4 2,443.1 7.646,3 1,287,7 Gariield 1,000,0 1,636,5 270.1 418,6 2,735.1 Fifth 250,0 553.0 136.0 9,596.5 Bk. ofMet.. 1,481,1 1,000,0 1,854.3 785.2 659,6 4,102,0 West Side.. 200,0 841,0 357,0 1,471,9 14,078,0 Seaboard .. 500,0 3,323,0 1.646.0 4,514,0 IstN.Bklyu 625,3 300,0 659,0 1,22«,0 Liberty 2,038,0 11,621,8 2,354,4 1,000,0 250,0 484,6 6.428,6 N.Y.Pr.Ex 1,106,5 1,000,0 453,0 580,9 6,134,9 New Amst. 500,0 946,0 624.5 694.6 4.526,0 Astor 350,0 821,0 217.0 . P.C. 26-0 22-3 25-8 25-2 23-9 26-4 27-8 17,362,0 29.521.0 17.529.0 21.927.0 23.647.2 5.314,0 191.297.8 23.211.1 26 6.446.6 23 6.632.1 2.891,4 5.930.0 4.553.0 20.202.2 147.530,9 J8.491.1 4.019.2 6,304.8 2,831,6 13,146.4 56,077.0 6.833,0 18,527,6 3,917,1 7.065,3 10.350,2 5-4 24-6 25-4 21-4 230 251 25-7 18-1 25-4 29-1 20-5 25-1 26-1 t t Total United States deposits included, $12,598,400. Reports of Non-Member Banks. —^The following is the statement of condition of the non-member banks for the week ending June 17, 1905, based on average of daily results. We otnit Bos. J'ne 3 J'nelO J'nel7 42,139,5 191,115.0 42,139,5 192,153,0 42,139,5 192,425,0 18.100,0 17.284,0 17,567.0 85,625,3 86,623,2 85,293,0 86,423,3 11551292 45,835,7 1,821,694,8 11364777 46,273,0 1,553.392,9 112.S8328 46,575,1 1,472.648,6 11402848 47,359,0 1,444.441,1 6.012.0 223,878,0 6.389.0 221,837,0 6,212,0 226,244,0 I'hila. J'ne 3 J'nelO J'nel7 47.960,0 220,879.0 47.960,0 221,403,0 47,960,0 221.645.0 67,295.0 66.049.0 65.340.0 Imports and Exports for the Week.—The foUowing are New York for the week ending for dry goods June 15 and for the week ending for general merchandise June 16 also totals since beginning first week January. ; FOREIGN IMPORTS. Ji'or week. 1905. Utj Goods General Merchandise Total Since Jan. 1904. 1903. BANKS. Capi- Sur- Invest- OOs omitted. tal. plus. ments. Specie. $1,795,494 9,436,212 $1,845,893 7,805,919 $1,942,236 8,340,550 $10,058,999 $11,231,706 $9,651,812 $10,282,786 $66,776,373 270,368,002 $57,058,917 $64,897,562 218.864.149 $58,126,332 199,209,730 1. Dry Goods General Merchandise Total 24 weeks 224.774,781; $337,144,375 •$281,833,703 $283,762,011 $257,386,063 The imports of dry goods for one week later will be found 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 Jime 19, and from January 1 to date. m our report of EXPORTS FROM NEW YORK FOR THE WEEK. 1905. For the week Previously reported.. .$8,429.19,^) 237.625.67H 1904. 1903. 1902. $7,890,925 217.520,499 $10,405,678 $9,410,937 220,727.035 2;-i0,73ii.646 Total 24 weeks $246,054,871 $225.411,424 $241,142,324 $230,137,972 the hgures 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 addmg to or deducting from the amount "previously reported.'* NOTE.-AS The following table shows the exports and imports of specie at the port of New York for the week ending June 17 and since Jan. 1, 1905, and for the corresponding periods in EXPORTS AND IMPORTS OF SPECIE AT Deposit with Notes. Gold. Net (iBank Clear'g Other Deposits Agent. Bks.iScc NEW YORK i'rance Mexico South America Colonial . Columbia 100,0 100,0 100,0 100,0 300,0 Consol. Nat. 1,000,0 Fidelity .... 200,0 14th Street. 500,0 Hamilton .. 200,0 JeHerson .. 400,0 Mt. Morris 250,0 Mutual 200,0 19th Ward . 200,0 Plaza 100,0 Riverside .. 100,0 State 100,0 12th Ward . 200,0 23d Ward .. 100,0 Union Excli 750,0 United Nat. 1,000.0 YorkvlUe .. 100,0 Coal & I.Nat 300,0 Metrop'lit'n 1,000,0 34th Street. 200,0 796,3 146,5 786,2 68.6 650,6 67.6 291.9 3,521,4 367.4 6,018,0 1,055.1 3,768,0 869,2 126,0 60,8 3,451,9 139,7 4,394,7 366,K 2,979,9" 125,7 2,693 244,1 3,432,0 203,8 2,315,0 265,5 3,579,0 107,2 1,615,2 880,9 8,691,0 133,6 2.093,0 116,8 1.731.1 577,1 5.904,8 163,0 2,223.0 302,3 2,943,0 212,7 2,701,s 266,0 2,168,3 206,0 1,161,4 16,6 29,3 23,2 78,8 340,0 271.0 22.2 109,4 194.5 8,5 155,6 18,4 28,8 205,0 12,4 569,0 32,0 64.2 114,0 247.3 49,5 515.8 117,6 301,4 30,9 31,9 34,6 264,8 228,0 52,9 48,8 187,7 144,8 123,4 78,9 263,5 211,3 191,0 115,4 278,0 191,0 143,7 415,8 64,0 272,6 121,9 39,2 1,9 "79,0 63,9 53,9 357,4 407,0 431,0 61,8 217,9 162,8 261,9 384,4 186,2 442,2 182,0 95,7 127,0 246,0 125,3 783,7 71,9 219,0 7b9,2 240,9 139,1 64.5,8 97,3 44,0 216,3 3,6 175,0 200,0 310,0 163,5 50,2 66,5 170.2 212,8 ,539,0 75,0 122,4 566,6 i38,"i 84,5 849,1 11,7 954.1 707,1 3,883,6 6,411,0 2,312,0 854,0 4,061,0 4,896,5 2,998,2 3,479,1 3.528,2 2,857,8 3,760,0 1,789,2 10,508,0 2,044,0 2,101,8 7,054,3 1,289,2 3,348,8 3,081,2 2.185,4 1,231,0 Borough of . Brooklyn .. Mfrs.'Nat.. Mechanics' Merchants'. Nassau Nat Nat. City North Side. Peoples 17th Ward Union WaUabout 31.5 13,6 104.3 137,0 220,7 428.7 323.5 60,3 12,0 102,9 67,0 124,2 558,9 119,7 459,0 357,0 87,9 180,3 53,7 205,0 39,0 32,8 84,9 177,7 43,0 978.6 108,2 4,534,2 173,0 322,3 3,654,3 733,0 7,767,9 2,484.7 903,3 1,583,4 77.9 56,9 42,7 69,6 15,7 73,0 224,6 202,9 452,2 168,1 26,3 16,0 2,258,7 931,3 1.914,4 2,603.4 1.367.6 146,3 43,9 28,9 69,6 194,6 458,4 473.1 665,6 2,823.7 1,307.8 106.2 2.008,8 362,2 2.631.8 169,5 1,819.0 607,8 3,598.5 536,9 10,139,2 77,5 1,637,0 806,2 5.290.0 598,4 3.534,0 183,8 1,433,8 199,8 1.909.8 741.2 98,4 184,2 2,992,3 944,4 102,6 400,0 1,118,7 250,0 250,0 200,0 663,4 122,4 301,4 110,0 126.0 546,3 169,2 200,0 150,0 300.0 252,0 500.0 100.0 300.0 300,0 100,0 100.0 100,0 200,0 100,0 13.7 256.0 143,0 21,6 69,1 181,5 352,7 235,5 697,4 l,246,s 369,9 847,0 640,0 4 2,8 66,5 "48^9 432,0 196,2 143,1 233,0 192,9 106,6 134,1 2,213,8 2,783,3 1,992,3 4,790,4 12,579,7 2,169,6 5,687.0 4,325,0 1,670,9 2,074,4 859.2 4,240,9 1,018,5 jEHSKyClTY First Nat... Hudson Co. National Second Nat. Third Nat.. . 2,797 Since Jan. Tot.J'nel7 116370 134490 1224178 5,632,0 6.697,4 161482 9.773,0 1403901 Tot. J'nelO 114370 130349 1230734 5,737,7 7.079,1 140232 9,361.8 1395015 Tot. J'ne 3 114370 128954 12'<i260b 5,795,0 6.481,7 139725 8,917.8 1376853 1. .'K1.600 $330,922 20,899,553 3,880,093 4,6'7i'793 $63;568 63,300 7,250.000 3.000 5,884 2.627 4,052 363,510 84,659 715,334 65,066 889,146 64,304,019 21,066,804 $76,131 267.275 17,476 $6,429,584 6,122,086 3,036,560 32,892 90,542 "$900 6"79l9P9 80,126 1,824 70 46.404 517,892 1.055,975 8,978 32.920 18,161 45.327 $1,629,269 444.938 812.478 .1;32, $'ii",506 Week. SUver. Great Britain France $606,116 $13,644,126 475.33.i Germany West Indies ""960 Mexico South America All other countries Total 1905 Total 1904 Total 1903 6.907 $607,076 $14,909,801 630,833 20.230.092 379.171 16,011.342 1} $20 Of the above imports for the week in 1905, $50,3-48 were American gold coin and $970 American silver coin. Of the exports during the same time, S were American gold com and $ were American silver coin. Spencer Trask & Co. Monthly Descriptive List of HIgh-Grade INVESTMENT BONDS. Transact a general bankinc business and execute stock and bond orders upon the New York Stock Exchantye. Branch Office, Albany, y.Y. Wi lliam and Pine Sts., New York Moffat HOBOKKN. FlrstNat... Second Nat. 1. Auction Sales.— See page preceding. Brooklyn. Borough ... Broadway All other countries Total 1906 Total 1904 Total 1903 Imports. HlnceJan. Germany West Indies Man&Br'nx Chelsea Ex. Week. Great Britain N. Y. City. Boroughs oi Wash. Hgts Century 1902. $2,050,326 8.008,673 Exports. Leg. T. 126.574,9 140,750,3 120,758,9 the imports at two ciphers (00) in all cases. Loans & 7,775,0 7,643,0 7.673,0 263,802,0 12,725,0 131,502,4 262,200,0 12.738.0 136,736,3 261,245,0 12.764,0 130.130.0 t Including for Boston and Philadelphia the item "due toother banks," and also Government deposits. For Boston these Government deposits amounted on June 17 to $1,725.000 ; on June 10 to $1,747,000. 264 21-3 29-3 26-8 37.43-.i.0 25-2 9.610,0 28-9 20,160,0 24-9 85,644,0 24-9 1,532,4 27-2 24,275,2 26-1 10,368,0 25-6 93,479,0 6-2 8,792.0 25-8 3,901.0 22-6 5.802.3 24-5 3.772.7 24-2 50,843,0 25-6 10,706,9 26-1 3,935,6 23-2 5,639,6 22-8 15,602,6 23-6 7,738,3 24-6 2,814,7 24-4 11,315,1 23-3 4,707,0 25 3 17,299,0 28-7 5,381,0 350 10,185,0 25-5 6,212,4 25-1 7,300,2 21-4 4,381,0 23 6 115,972,7 139,492,8 11048609 205.857,4 83,423,3 11402848 25-6 Total May27 263,629,2 11110034 214.622.8 J'ne 3 263,629,2 110128:-tl 204.546.5 J'nelO 254,926,3 10895209 205.492.7 J'nel7 266,465,5 11048609 205,857,4 6 & White., Members New York Stock ExchanKe, NASSAU STREET. - HANOVER BANK BDILDINO. JDealcrs In Investment Securities. COMMISSION ORDERS EXECUTED FOR CASH ONLY. I — THE CHRONICLE. 2604 [YOL. LXXXT is now made with an unuaually dull period ant, I room for further improvement in the same direc-] tion. Union Pacific convertible 4s have advanced nearly, O^ For Dividends tee page sdoi. 4 points on limited transactions, and United States Steel 58.1 WAIiL STREET, FRIDAY, JUNE »3, 1905.-5 P. M. Pennsylvania convertible 3^s, Rock Island RR. 48, Centralj The Money Market and Financial Situation.—The week of Georgia 3d incomes, etc., are from 1 to Iji points higher! opened with a more cheerful feeling in Stoclc Exchange cir than last week. Many other issues are fractionally higher. cles and this feeling has increased as the week advanced. United States Bonds.— Sales of Government Bonds at th^ The result has been a larger volume of business than for Board are limited to $10,000 33, coup., 1908-18, at 104>|', and several weeks past and a substantial advance in prices. $7,000 3s, reg,, 1908-18, at 104. The following are the dailyj This feeling has been stimulated somewhat by the further closing quotations; for yearly range see third page folloiti). gi light shed upon Equitable affairs in Superintendent HenInterest June June June June Junt Junt dricks's report, but more perhaps by the announcement of I'eriods 17 19 21 S2 23 an increase in Reading's dividend rate and the prospect of a comparison %mxUzxs^ ^it^ttU. f j ; there similar increase in other cases. Reading shares advanced sharply to-day, although it was supposed that the dividend matter had been discounted see our issue of June 3d— while Pennsylvania and some of its allied issues have been notably strong on the prospects referred to. Another feature worthy of note is a stronger and more active bond market. The list of railway and industrial bonds traded in this week is longer than for some time past, and the market shows a decidedly broadening tendency. Crop news has been more or less conflicting, and as a consequence the cotton and grain markets, especially the former, have been subject to wide fluctuations. As the crop situation is so important a factor in almost all departments of activity, information relative thereto is eagerly sought and exerts a wide influence. The open market rates for call loans on the Stock Exchange during the week on stock and bond collaterals have ranged from 2 to 23^ p. 0. To-day's rates on call were 2(g2}4 p. c. Prime commercial paper quoted at 3>^@4 p. 0. for endorsements and ^%@i}£ for best single names. The Bank of England weekly statement on Thursday showed an increase in bullion of £743,255 and the percentage of reserve to liabilities was 51*06, against 50*91 last week, the discount rate remaining unchanged at 2% per cent. The Bank of France shows a decrease of 18,625,000 francs in gold and an increase of 4,500,000 francs in silver. NEW YORK CITY CLEARING-HOC8E BANKS. Differences 19U5 Capital previous week. 115,972.700 139,492,800 Sorplos Loans & discounts 1.1(14,860,900 Inc 15,340,000 Circulation 78:-(,900 47,359,001) luo Net deposits .... •l,14O,284,S0U Inc 16,452,000 Specie iO5,857,40U Ino 364,700 Legal teudera... 86.423,300 Ino 1,130,300 Eeserveheld 26 deposits p. c. ot 1904 June 18 Jrom June 17 292,280,700 Ino 285,071,200 Ino lOO.'l June 20 115,972,700 134,323,400 1.049,689,800 38,762,800 1,122,012,500 236,366,300 83,006,700 1,495,000 4,113,000 819,373,000 280,603,125 109,822,700 129,059,300 904,821,100 44,008,800 889,779,300 158,459,700 74,084,700 232,544,400 222,444,825 7,209,500 Deo 2,618,000 38,869,875 10,099,575 Surplus reserve «12,598,400 United States deposits included, against $12,731,700 last week and $23,420,700 the corresponding week of 1904. With these United States deposits eliminated, the surplus reserve would be $10,359,100 on June 17 and $13,010,425 on June 10. NOTE.— Beturns o£ separate banks appear on the preceding page. • 28, is 1930 registered coupon 28, 1930 2s, 1930, small. registered 2s, 1930, small coupon Q—Feb Q— Feb 3s, 1818, smalLregistered Q —Feb 3s, 1918, small coupon Q— Feb registered Q —Jan 48, 1907 coupon Q — Jan 48, 1907 registered Q— Feb 48, 1925 48. 1925 coupon Q— Feb 3s, 38, 1918 1918 registered coupon '104 a04>a 104 *104 '104 •104 '104>2 104 4 104 •104 104 •104 104 I 104 12 104 ^a *104'«i •104 10414 104 *i03>i ios""-! i'os'ii •104 *104 •104 no5 *105 •106 *132 132 •132 * 13212 1321a 132 Wj 104 105 132 •104 104 104 •104 •104 *i '^ •ibsia ib'siii) •104 *104 '* 105 •103 13-3 *i:;2 . ^ 132iu 133>9 «i32y * This is the price bid at the morning board no sale was made, ^ Railroad and Jniscellaneous Stocks —Largely increased! activity has developed in the stock market, the transactions] on Wednesday aggregating over 900,000 shs res. The tend-; ency of prices has been towards a higher level, several proai-j inent issues having advanced from 4 to 5 points witliin thaj week. This revival of interest in the market, which at its inception seemed to be a natural reaction from the previ-j ous depression, was stimulated in part by increasing dividends, as noted above, Illinois Central was leader of the upward movement, re-;; cording an advance of 6 points, Delaware Hudson advanced over 5 points and Pennsylvania, Central of NeWj Jersey, Atlantic Coast Line and Metropolitan Street Railway have been quoted 4>^ to 5 points higher. The advance,] although less conspicuous in other cases, Included practi*] cally the entire active list. Industrial and miscellaneous stocks have received a larger share of attention than of late. The United States Steel issues and other iron and steel stocks have kept pace withj the railway list. Anaconda Mining advanced over 5 points, and New York Air Brake covered a range of 6 points, closing: near the highest. Western Union was more active tbian! usual and fully recovered the dividend which came off early' in the week. ^:,.. For datly volume of business see page S6I4. The following sales have occurred this week of shares not; represented in our detailed list on the pages which follow. 'V^ ; j .j; & .. .'^'"'''Sf:... ! STOCKS Week Ending June 23 Ajner Beet Sacar pret.. Amer District Teleg Amer Ice Securities Ann Arbor Sales for Preferred Mange for week Range sinct Jem. 2.i Week luo 106 200 110 100 335 J'ne21 J'ne21 26S4J'nelH 84 J'ue20 77iaJ'ne20 83 2S 83 J'ne21 29 J'ne2 26\J'ne20 34 J'neio 77Wne20 77 29 26 34 66 96 Jan Ma; 8S Mar 88 Jan J'ne J'ne 27»4J'ne Feb 77>«J'ue Jao e9Vno 9»SJ'ne23 99TgJ'ne'J8 Assoc Merchants ist prf 1314 J'ne Chic <fr No West rights.. 5,772 13i-^J'nel9 14'uJ'ne2S 100 164 J'ne22 164 J'ne22 164 J'ne 171 Feb Chic B I <fe Pacific iflj'ne HiJ'ne3rf 'sJ'ne 38J'ne22 4,040 Del & Hudson rights BijJ'ne 8 J'ne 300 « J'ne20 9Wiie23 Det Sou tr reote 10 24 J'no 19v»J'uel» J'ne^J Jan 5,790 24 Kniok loe (Chicago) 619 24 J'nelS 26 J'nel9 21HiM«j 27 Feb N Y Dock Co 800 66 J'nel9 66>aJ'ne>i2 69 Jan ee>sJ'u0 Preferred J'nel9 167 Jan 174 Map N ^ <& N J Telephone... 12 167 J'nel» 167 11 18i»4J'nei0 l82»4J'nei0 182 la J'ne 186 Jaui t Ittsb Ft Wayne & Chic J'ne22 1 Mar l^FeD 1 100 1 S'nori Mining QaloksUver Foreign Exchange.— The market was easier this week, ced chiefly by liberal offerings of finance bills. To-uay's (Friday's) nominal rates for sterling exchange were 4 86 for sixty day and 4 88 for sight. To-iay's (Friday's) actual rates for sterling exchange were 4 8525 4 8535 for long, 4 8705@4 8710 for short and 4 8735@ 4 8745 for cables. Commercial on banks, 4 85@4 8505, and St L A San Fran stock ti ctf*torC<& Kill pref.. documents for payment, 4 84)-^@4 85%. Cotton for payment, Twin City B T rights.... 84i^@4 4 cotton for acceptance, 4 85@4 8505, and D 8 Leather 84% Preferred grain for payment, 4 85i^@4 85%. Vulcan Detmning Influe' Q— Jan Q —Jan ; 100 133>'.J'nea2 133iaJ'ne22 132 >sJ'nel7 Vne23 12»4J'nel7 13 J'ne20 100 107'sJ'ne23 107iiiJ'ne23 200 12 J'ue20 12^J'ne20 6,720 81(J May ISi^Feb' SgJ'ne 11 Apr 14<SJani lOOTsJan loeisMar 8 Apr U>aApr; To-day's (Friday's) actual rates for Paris bankers' francs were 5 173^t@5 173^* for long and 5 16'^t@5 16J^ for short. Oatside Market.- The market for unlisted securities has (Germany bankers' marks were 94 13 16(394^ for long and been devoid of interesting developments this week. Trading 95 3-16t@95 3-16 for short. Amsterdam bankers' guilders were has been on a limited scale, and outside of a few prominent 40^1f(a40)^§ for short. price changes have been narrow and unimportant. Exchange at Paris on London to-day, 25 f. 153^c.; week's issues Considerable attention was given to the Central Leather isrange, 25 f 17c. high and 25 f 15i^c. low. sues; the common (when issued) advanced from 45 to 46^,' The week's ranse for exchange rates follows: then reacted again to 45 and closes to-day at 45^; the Long. .-Cables.-Short.up 4 points to 105, Sterling Actuat— preferred (when issued) ran High....! 4 8530 8)4 8540 4 8720 4 8750 4 8725 4 8760 but subsequently fell back to 103i^; the final iale to-9 4 8710 Low 4 8520 © 4 8630 4 87 4 8736 4 8740 day was at 103%; the 6 per cent bonds ranged between 98^ i'aris Banker!^ Francs— and 99}^ and ended the week at 99. Northern Securities has High....! 5 17'2t 6 5 16>4t 5 I6I4 very quiet, only about 2,850 shares changing hands been Low 6 18»s* ®5 171a* 18>« 5 16 6 lO'a the price fluctuated between 165^ and the week during Oermany Hankers" Marks— Northern "Stubs" adat lU}^. closed to-day and High.,..! 164, 94-'» @ 94"ia 953„t 95«ia Low U4iaj8 \)i\ 96 '4 9538 vanced from 225 to 837>^, but later fell back to 800. Amsterdam Bankers' Uuilders— Standard Oil gained 5 points, to 620J^, and ends the week High....) @ 40 »4 408,, at 630. After a decline from 202)^ to 3011.^, Interborough Low ® 40 '4? 40 "411 Rapid Transit moved up to 203. Seaboard new first preLess: *ii,ofl%. - of l'^. * »aa Of 1%. Plus 118 of lo/o. * * igj of lo/o, , ., t 'aa ,.. ferred (when issued) has been strong; the price advanced 3J^ '32 of, 1%. i Kz The following were the rates for domestic exchange on points to 86, and closes to-day at 85^. Greene Consolidated sale New York at the under-mentioned cities to-day Savannah, Copper fluctuated between 21% and 23)^, and the final irreguGold moved Consolidated 22»/. Greene was at today buying 50c. per $1,000 discount; selling 75o. per $1,000 premium; Charleston, 12i^c. per $1,000 premium; New Orleans, larly between 3^ and i}>^, and ends the week at the higher bank, 35c. per $1,000 discount; commercial, 60c. per $1,000 figure. United Copper advanced from 25J^ to 25W, but and discount; Chicago, 25c. per $1,000 premium; St. Louis, 40o. later fell back to 23; the preferred sank from 703^ to 67 White of to gain After a then recovered to 69^. % 1^, per $1,000 premium; San Francisco, 70o. per $1,000 premium. Knob Copper common dropped to %; the preferred lost 1^ State and Bailroad Bonds.— No sales of domestic State points to 2; reports that the comnany's mines at Mackay, »>oxid8 have been reported at the board this week. Idaho, had been practically closed down were responsible The railway bond market, aa noted above, is Htronger,broader for the weakness in these shares. and more active. It should be borne in mind, however, that Outside quotations will be fouud on page 2614. . , . | | I '3) V I I I ; | 'CD I I I I I 1 I \ m . I 11 : H Few lork Stock 2 ... . Exchange— Stock Kecord, Daily, . '' Weekly and Yearly OCCUPYING TWO PAGES -»— STOCKS—HJSnJSST AND LOWEST SAL£ PBJCSB Saturday June 17 Monday June 19 Tuesday June 20 Wednesday June 21 Thursday June 22 Friday June 23 STOCKS NEW YORK STOCK EXCHANGE Sales 01 the Hange On basis i /or Year 1905 Range tor J^evi«v$ 100-share Year (1904) 0/ lots A Week Shares Highest Lowest Lowest Higheatl Railroads. 52.670 77'8May22 9339 Mar 9 64 Feb 894 >roT 2,000 99 Jan 25 IO414 Mar 9 8759 Jan 1044 Nor; 8,800 120 Jan 25 170 Apr 24 104 4 Feb LoOiaNov' 159 159 1d3 I6334 2:160 110'4 111»8 nooallUa Baltimore «6i Oliio 82,600 i00i2Jan25 11158J'ue22 7278 Mar 105 14 Deo! lOSSg iosi% 109 I0914 50 91 Mar 9 98 Feb 8 87'>gFeb 96 4 Oct] »97iu ay's •9614 9714 Do pref 961a 971a *96ia 9712 931a 971a 66I4 6718 657, 6638 67 14 64 6678 68 Brooklyn Rapid Transit.. 108,326 5678May23 7138 Apr 14 38 Feb 70 4 Nov 8334 64 88 250 •88 91 874 Jan 4 9138Mayl3 83 Nov 89 Aug 90 90 •881a 901a 901a Buffalo & Snsqne, pref 50,500 130^4 Jan 25 15534 Apr 7 109 4 Mar 13534 Oct 151 15134 15078 16238 151 15134 (unadlan Pacific ISO^ ISO's 150 >4 ISO's 15008151 •68 69 70 09 70 69 70 •69 70 6718 Jan 11 7234 Jan 31 • 69 70 70 64 Apr 72 NoV >'anada Southern 300 190 May23 205 4 Feb 3 154 4 Feb 19434 Nov] 200 203 Central of New Jersey. . •198 202 •198 202 •198 201 2001a 201 201 202 5II4 b'ih 51 14 6218 Chesapeake <fe Ohio 49^8 49^8 21,900 45i2Mny22 60 "8 Mar 21 28i4Mar 51 Nov •49 >4 493, 60 601a 51«8 503b 36I4 33 35 14 35 14 •34 33 37 Chicago & Alton 20U 31 May 2/ 44 'a Maris 33 Jan 474 Not] 36 •33 37 36 36 78 14 7834 7834 1,400 77'aMay2o 8334 Apr 7 76 Jan 854 J9.ni 78 78 78»4 7834 •77 79 Do pref 781a 781a 1S\ 19 -a 19 18 191s 1834 19 19 19 194, I914 191a ChicaKO tlreat Western.. 21,300 17iaMay22 25 4 Mario 12 78 J'ne 264 Nor 18^8 IS's •85 •85 400 8334 May2V 88 la Maris 804J'ly 90 Nor •84 8612 8612 •85 *»4 86>-j 87 87 86 Do 4 p. c. debentures 87 *61ia 64 62 64 *62ia 64 •6234 64 100 60 J'ne 9 704 Apr 17 47 4 J'ne 7434 Nor •61 64 e5 Do 5 p. c. pref. "A".. 64 31 12 •29 301- *30 3lia 400 29 May2ci 37iaAprl7 20 J'ne 394 Npr 31>2 •29 31 31 •29 Do 4 p. c. pref. "B".. 311a 32% 173<%173a4 173'%174'a 174l4l75^ I75I4I76I4 175'% 17612 17534 177''8 Chicago MU-w. & St. Paul. 49,400 16818 May 4 187 4 Apr 17 137 4 Feb 177»8Deo* 184 187 •184 186 100 1821a Jan llr! 1924Aprl7 173 Mar 18578 Get •183 186 •183 186 183 186 183 186 Do pref 194'8l96 6,000 (11901^ J'ne y 249 Jan 31 1614Mar 2144 peoi 190>4l90''8 190«8 1921a 193 194 1951a 196 la 196ial98i2 Chicago & North Western 235 260 260 234 Jan 13 265 4 Feb 1 207 Feb 237 Nor' 235 235 260 Do pref 900 150 Jan (1 225 Jan 31 135 Mar 160 Nor 175 176 177 177 180 180 Chic. St P. Minn. & Om. •172 175 172 175 1771a 180 195 Jan 17 230 Jan 31 §165 Apr 192 Dpo'i 180 200 180 200 *180 200 •180 200 180 200 180 200 Do pref 734 Jan 5 194 Feb 17 5 14 Aug 164 Nor' *17 17 18 *17 17'a 17 17'a Chicago Term'l Transfer. 18 17 18 •17 18 3012 301a 32 •31 500 17'2Jan 4 36 4 Mar22 114Aug 2734 Nor, 31 31 Do pref •301a 32'-; 32 "a 30b ^Oh. 301a •6i8 13 eia 6ia 2,you 6 634 7-4 J'ne 2 Feb '6 63< 64 7'a 2 4 J'ly 154 ^or 734 Chicago union Traction. '8 61a 61a 300 34 J'ne23 64 Feb 3 29 May 484 Nor! 36 30 34 363, Do pref 95 9518 9512 9538 9678 2,300 90 Jan 14 111 Mar21 95 9578 9576 97 634 May 9339 Deo" 973^ Cleve. Cln. Chic. & St. L. *93'<J 94>2 115 120 118 May 4 12134 Manl 100 Feb 115 Nor '118 120 115 120 •119 120 119 120 119 120 Do pref 30 27 27 2214 »26ia 2712 27'* 27 2739 277, 1,625 Jau2o '8 Apr 2< 134J'ne 2438 Nor 14 261a 7^ 18 27'a Colorado <fe So., vot. trusi •26>a 2714 560 62 May 2 3 64 4 Feb 10 48 J'ne 68 Deo 6812 59 59 •67 SB's •57 58 Do Ist pf. vot. tr. cfs. 581a §56-'8 563t 581a 681a •36 37 3712 37 37ia 37ia 37 Do 2d pf. vot. tr. ctf s. 1,500 32'2May23 39 4 Feb 3 1778J'ne 374 Npr 371a 37 "a 36Vj 361a •33 6,900 178iaMay2'2 19638 Apr 11 149 Mar 1904 Deo •I8I34I8314 •18134 I8214 183 183 14 I8334 I8412 185 1871, 187 1873, Delaware cfe Hudson 500 335 Jan 2u 100 Marl 4 2504 Feb 35934 Deo 380 381 380 380 370 380 •375 384 *375 385 376 384 elaw. Lack. & West'u. •27 •28 2834 350 27 14 May 23 364 Marl 4 18 Mar 3578 Nor' 28>2 'iS^ 28 2734 29ie •27>4 "4 29ie Denver <& Rio Grande "a 271a 281a •87 83 '4 May ] 91 Mario 644 Feb 89 Deal 8938 •8834 3U0 881^ 88 89 8939 88 89 89 Hj 41 Do pref 881a •871a 14 17 22 •17 •17 22 22 110 18 May22 28 4Marl7 19 4 Jan 27 D*o 22 •17 22 21 i22 21 Des Moines <fe Ft. Dodge. 94i« 92Sg 92<'8 6,8U0 76 -a Jan 27 95 J'ne22 60 4 J'ne 7934 Deo 9234 93 93 "4 92«6 931* 94 95 9334 94-% Detroit United I4I4 ISW) 1,100 11^4 May2:i 174 Jan 21 13 13 7g 13 7f, 14 14 13 5 4 J'ne 1479 Npr 13 *12>a 131a 14 Duluth So. Shore <& Atl.. 27 2734 3734 28 1.576 21 May 2 2 37 Jan 21 2638 28 28 27 28 914 Aug 284N-OV; 14 Do pref 27'a 28 26% »i 41I4 42 4II2 40 1« 40»8 4OI4 4038 40'% 41i« 41 82,785 »7iaMay22 4834 Marl 1 214 May 4158 Nor 41"% 4212 Erie 7934 S0\ 79 14,250 7478May22 83 -a Marl 1 55'>8May 77 Deo! 79 79 79 >a 7934 7934 8012 791s Do Istpref 78»8 78^4 66 14 66^4 66"8 67 14 9,250 55 "a Jan 3 71 4 Mar 3 33 May 584 Deo 66 66^2 6634 67 {66 651a 6534 Do 2d pref 67 62 •62 62 62 70 70 70 65 Apr 7 72 19 Jan 16 64 J'ly 67 Deo: 70 •62 •62 70 70 Evansv. & Terre Haute. •85 •85 •85 • 85 *85 90 Feb 28 90 Feb 28 72 Feb 83 Nor, 90 90 90 90 95 •85 Do 90 pref 279 281 282 la 283 281 283 2a II4 28112 281 la 282 Great Northern, pref 1,400 236 Jan 4 335 Apr 17 170 Mar 2424 Deo •276 280 33 Feb 16 90 Jan 13 70 Aug 864 Nov^ Green Bay<fiiW..deb. ctf.A ' 24 2314 2378 2314 2418 24 23 495 17 May22 244J'neiy 11 J'ne 2034 NoV 22=U 24 24'a 2334 2418 Do deb. ctf. B •90 "88 •90 94 95 95 •87 94 87 95 91 300 86«8JanlB 99 Marll 60 May 94 Deoi 95 Hocking Valley 93I4 94 95 14 9514 95 •94 95 95 •93>9 94 95 300 90 Jan 18 9379 Mar 13 77 Mar 95 Deo Do pref 96 1603816034 160>al6134 16114 163 >a 163 I66I4 16514 167 46,349 15234 Jan 25 170 Apr 15 12534 Feb 159 Deo' I6534 167=8 iUinois Central 2oia 251s •25 26 '25 •25 26 2534 2534 •25 26 200 24 May24 32 Feb 3 14 J'ne 33 Nor; owa Central 26 *48 •48 •48 50 MaylO 5834 Feb 3 32 Feb 5934 Njpr; •49 61 51 51 51 51 *48 48 Do pref 50 "350 8212 8l«8 83 8234 81»8 83 8234 81«8J'nel9 84 4 Mario 64 4 J'ne 834 Nor; •811a 811a •811a 83'a 831a KC.Ft.S.€feM.,tr. cts. pf(i 24 24 24 2438 2434 •23>4 25 24 24 24 900 22'8May22 34 Feb 14 16 4 Feb 3 178 Nor 25 ansas City So. vot. tr.. 2534 64 14 54 la 6434 55 • 5414 54 14 65 54 "a 54 54 Do pief. vot. tr. ctts. 2,000 52 Jan 3 70 Feljl4 31 Feb 5634 NoV: 54 •29 •29 31 30 "a 34 •28 30 30 34 29 34 Lake Erie & Western . . 200 28'4 J'nel6 444Marl4 26 Mar 434 Deo1 30 *86 96 -87 94 94 91 J'nelo 106 Marl 3 85 J'ne 105 Oct'l •87 96 96 *88 88 *m Do pref 97 '300 330 *300 330 L. Shore & Mich. South'n §290 Jan 20 §350 Marl3 §245 Nov §300 D£0 •300 330 300 330 300 330 •300 330 5 50 56 *60 55 50 55 53 54 64 810 50 'a May 22 65 4 Feb 3 46 May ©2 4 Nor 56 55 Long Island I45I4I46I12 145ial46 14578 14738 14678 148 147 148 14 14712 14778 Louisville <fe Nashville.. 24,750 rl34iaJan25 156 '4 Apr 26 101 Feb 14834 DOO: I64I4I64I4 164i4l64>4 •164 166 •1613, 164»3 16438 165 2,100 161 May 1 175 Feb 9 13934 Mar 1694 Npri 1641a 166 Manhattan Elevated... 80 'e 81 !« 8238 8078 8178 80 8034 813e 80 Jan 9 91 Marl? 7214 Mar 96 4 Aug' 79 81 81-'4 etrop. Secur., sub. rec. 30,400 73 96.050 114 Mayll 127 Jne22 10434 Mar 13038 Oct 1221a 12234 122»8l24i8 124 12638 125 14 12634 12534 127 xl25 12558 Metropolitan Street.. 2II4 2II4 20*4 20 'e •2014 20^6 2078 2118 21 21 7,750 18i4May22 26 Marl3 21 5 Apr 235gNor 2138 Mexican Central §130 J'nel4 n50 Febl5 §1194 Feb 150 Nor; •130 146 •130 146 -130 146 •130 146 •130 146 •130 146 Michigan Central •54 60 54 54 •64 la 60 6434 •54 60 60 60 •54 56 Jan 12 Minneapolis & St. Louis. Apr 7 40 J'ne 6734 Jan 86 94 85 96 85 95 •87 94 87 60 •86 94 86 Jan 19 91 Feb24 80 J'ly 964 Sep Do pref 94 117 118 117 II834 II8I4 119'>8 II9I4I2I •120 121 Minn. S. P. <fc S. 8. Marie, 7,480 89'a Jan 11 122 Mar2y 65 Jan 95 0(jt 1201a 121 15934 15934 16914161 •156 I68I2 158 158 Do pref 1,700 148 Jan 13 169i4Mar29 116 May 150 Oct 1601a 161 •160 161 28I4 28 14 2814 28 14 2812 2734 2734 2734 2734 28 28'% 3.310 24 May22 33 '4 Jan Is 14=% Feb 3638 Nor: 281a Mo. Kansas & Texas 56i4May23 69 Marl 3 32 "4 J'ne 65 4 Deo 62 63 •61 62 63 63 63 63 63 62^4 Do pref 1,100 631a 63 98^8 99 14 9878 9934 993410018 lOOislOl 98"8 «868 100 10134 Missouri Pacific 22,67o 94'aMay2'. 11078 Marl3 87 Feb 1114 Deo •144 150 ]44 150 144 150 146 148 Nash. Chatt. & St. Louis 100 137 Jan 12 168 Apr 26 1014Feb i475gDeo; 1471a 147 la •144 150 *34 •34 3419 344 •341a 35 •35 35 600 33i8May 8 45 Jan 10 3434 Feb 454 Nor; at.of Mex, non-cum.pi 36 1734 •17 •1734 1734 100 1734 J'ne20 244 Jan lu 1578 Feb 25 4 Nor; ISVt 19 Do 2d pref •181a 20 •13934 142'.^ 141 14134 142 14215 142 'a 143 •4 14234 145 144 14434 N. Y. Central & Hudson.. 25,725 13634 May22 10734 Marl4 11278 Mar 1454 Deo' 4534 4614 451a 47 2,300 42 Jau'^0 55 '4 Apr 8 25 May 47 Deo 46'a 461a 46'a 4734 47 451a 46 Hi 47'a N. Y. Chic. & St. Louis... •110 115 •110 115 110 115 110 115 110 115 115 Marl 3 122 "a Jan 30 101 4 May 115 Nor' •110 115 Do Istpref 79 •78 79 81 •79 82 74 May 4 85 Apr 7 60 J'ne 78 Deo 76 80 81 •78 81 Do 2d pref 82 "a la9 •196 •197 199 •197 199 199 •190 Y. N. Haven & Hartt. n94 May22 2104 Feb 4 §18514 May 199 Oct 1961a 197 "a N. 60 14 51 •51 51 61 la 5234 53 5138 52 N. Y. Ontario & Western. 42,150 4038 Jau 6 64 Mar3o 1938Mar 477t,0<jt 511a 501a 51 8212 7913 80 31 27,200 76 MaylO 88 4 Marll 534 Mar 80 4 Deo 791a 80 70^4 80 801a 81'% 823b 83 Norfolk <6 Western •92 •92 •92 94 94 94 92 92 94 •92 914 Feb 24 94 4 Feb 3 88 May 95 Deo 94 Do adjustment pref. 94 2",650 165 18634 185 183 186 Apr 24 196 Mayl5 186 »186 186 1851a 1861a 186 187 1871a Northern Pacific •85 "85 95 96 84 88 Pacific Coast Co 90 85 1,300 78I4 Janl7 98 4 Feb 7 51 Feb 82 4 Deo 871a 89'a 861a 88 •100 105 100 105 •100 105 100 105 100 102 100 105 100 Jan 3 108 Feb 6 95 J'ly 101 Sep Do Istpref '85 85 93 •87 93 98 Feb 7 614 Jan 86 4 Deo •85 94 •86 92 85 Jan 1 92 Do 2d pref 84 88 136i«136S6 139i«140 139''8 136»8l37'% 13788 Pennsylvania 13434 135''e 135 13314 274,969 131'aMay22 14734 Marl3 lll4Mar 140 Deo 33 37 -33 37 35 40 Peoria €& Eastern •33 •33 •33 37 37 27 Jan 26 4834 Apr 3 17 Mar 32 4 Deo 33 77 JauD 6 103 Febl4 744 J'ne 8138 Jan Pore Marquette 80 Jan 11 87 4 Feb 6 §68 May 794Nor Do pref •110 114 130 >4 110 116 115 115'a 113 115 Philadel. Rapid Transit.. 800 112iaJ'ne 3 132 Apr 15 •76 *73 71 76 •74 76 77 76 76 •76 400 70 May23 8734 Mar 13 55 Apr 80 Deo 76 79 Pittsb. Cin. Chic. & St. L. •97 112 •97 112 •100 112 •97 112 100 112 105 Febl7 112 Marl3 90 Apr 107 Deo l>^ pref 105 109 95 14 99-<8 9514 97 9534 961a 95^8 961a 964 97 9334 98 "a Reading 460,900 a;79 Jan 13 9934 Mar 9 3334 Mar 8258 1)60 •' May 2 91I4 9II4 91 14 91'a 9II4 91'% 9112 911a 94 Feb 2 76 Mai 92 Deo Ist pref 4,600 90 9lKi 91*4 91>a 9Hs •8&ia 8934 89 'a S934 •88 Si 89^4 2d pref 8934 8934 400 84 Jan 5 92 Feb 3 654 Feb 85 Deo 83'a 89'a •88 la 891, 2818 2834 283^ 303h 27^8 273, 27 "a 2734 2734 28 1« 30 30^8 Bock Island Company 88,000 2434 .Mtty22 37 7a Jan 18 19 4 Mar 3734 Nor 7434 76 "a 74 74 7434 •73 7518 75'% Do pref 75 74 74 4,600 71i8May22 85 Jan 4 5734 Jan 8638 Nor 74 •13 13 16 12 15 •12 15 •12 15 1412 Ot. Joseph cfcGr'd Island. 200 12 J'ne V 1734 Jan 31 14 9 Mar 18 Nor 16 •46 •46 >' •47 47 52 54 •49 46 54 54 464May24 5334 Jan 21 35 May 60 Nov Do Istpref 50 54 •20 •20 •19 29i4Feb 20 24 24 la 20 J'ne 2334 Do 22 21 23 2d pref 200 8 3 16 Jau 30 Not 19 «19 74 77 74 76 •74 76 •74 77 •74 77 St. L. tfcS.Fr., 1st pref 7338May22 81i4Mar 6 (61 Mar 7934 Deo •74 77 64 14 641^4 6518 67 65 66'% 671a Do 2d pref May26 734Mar 6 394 Jan 72 4 Deo 2',3o6 61 65 65 65 661a 66 "a 185 195 175 Jan 30 1944J'nel2 150 Jan 185 Deo 0.<fe E. I.com stock tr ctfe 195 *185 195 185 199 185 195 •185 195 23I4 2312 SU Louis Southwestern.. 22 7e '.'314 »22 2234 23 >8 2338 22 2258 23 2,305 20 May22 27 4 Jan 20 23 la 94J'ne 29 Deo 607, 6118 6I34 •59 14 61 Do pref 60 60 el's 61 2,805 654 May 1 66 3g Apr J 8 2538J'ne 6034 Deo 60 "a 61 61 "a 62'>8 637e 6234 62 7g 6378 62 63 91,530 5734 May 4 7238 Feb 27 41 4 Mar 6834 Npr 64 4 Southern Pacific Co 61=8 62 611a 623s 120 14 12038 121 121 120% 121 Do pref 2,555 11534 Jau 6 121 19 Feb 15 113 Sep 119 4 Deo 11934 120 1207el'20-6 1203i 121 32 1» 32*% 31 '8 32 3138 32% Soatheruv.tr. ofs. stmped 22,400 28 Mayl9 3634 Mar 13 184 Feb 374 Dgo 32 31 "a 3112 3l-<8 3138 323b 9714 97 97 97 97 Do pref. do 97 97 97 900 95 Apr 28 100 Mar22 77 4 Jan 974 Deo 97 96'a •96'a 9714 •98 la 100 •9813 100 M. & O. stock tr. ctfs... •99 100 97 Apr 18 98 4 Feb 28 90 Feb 98 Doo •98^2100 981a 100 34i« 3334 6,300 2934 Apr 29 41 Marl3 204 J'ne 38 4 Nor 33 la 3334 34 344 'Pexas & Pacific. 33 3314 •3314 3336 •321a 33 130 132 -hird Avenue (N. Y.).. 131'al3l'a I3II3I3II2 Xi 1,600 124 Apr2y 13434 KeD16 116 Mar 134 Oct •129 131 127 130 127 130 8138 81«8 •102 12 103 *156 IBO 811a 82 10234 1023^ SI34 103 8238 103 159^8 161 12 1 0878 10914 •96 14 9712 6508 66I4 *88ia 901a 82 14 8234 103141033, 160 162 '8 1091a llO'e 82 14 83 8234 104 103''8 10378 83 Bg Atch. TopekatfeSanta Fe 104 Do" pref 161 Atlantic Coast Line RR. i i i I i i ! I ' -J s BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS Banks MEW YORK Bid AsIc 11 Astor 775 Battery Park 155 BoweryD 325 Butch's & Dr 155 165 630 280 825 165 i65 195 210 650 Chatliam .... 320 ChelseaExcT 170 330 • 1 Bid Ask Banks Bid Atk Banks Bid Ask Bid Banlc!< Ask 1 Banks Ask Bid I 4300 4360 Citizens' Ctrl 165 Aetna 130 America ... 520 AmerExch.. 275 CenturyD Chase Bankii Chemical .. 170 City t281 t285 Coal & Iron 230 240 Colonial 1i ... 450 Fifth 340 First 765 14th8treei11. 300 ..*••• Fourth GalUtin 215 420 Garfield Columbian .. 400 Commerce... t206 t2084 German Amij Consolidated 150 152 4 German Exlj QermaniaU .. C'rn Exchgel, 376 383 Greenwich D Discountll ... 160 160 East River.. 160 160 FideUtyll 190 Fifth AveH.. 3500 3756 Hamiltonll .. Hanover Imp & Trad. 200 410 500 165 400 450 235 190 495 590 165 InterboroU.. 165 165 Irving t230 Jelfersonll... 1774 185 Liberty 616 * -• Lincoln 1600 1700 335 Mantiattanll. 326 Market &Fut 235 275 Mechanics' 285 295 Mech & Tra'„ 170 .Mercantile .. 270 275 Merch Exch. 170 175 Merchants'.. 178 185 Metropolis 11 400 • . 250 505 Metropoli'nH 1374 MtMorrisli. 210 Mntualll 300 205 Nassauti ... 195 New Amster 475 510 New York Co 1300 NY New Nat Ex. t201ii York... 315 19th Wardll. 350 North Amer. 239 Northern 135 Orientalll.... Pacificll 325 Park Plazall 615 290 180 575 Prod Exchll 175 Riveraidel] 250 670 700 People'sli Phenix Seaboard Second Shoe& 242 .. Leth. 155 i 190 I :i85 .280 700 165 1200 34th Street.. t200 12th WardTi. 200 23d Wardll.. 150 Statell 250 250 265 dividend and rights. Bid and asKeil prices; no sales were made on this day. § Less tiiaa ioo sajres. j rjx rigiits. i| State !)aaka. a lix Sale at Stock Exchange or at auction this week, s 'Tract Co. certificates. A Assessment paid. n Sold at private sale at this price. 6 New stock. . 2606 •Stock KeCOrd— Concluded— Page aTOCKS—HIOHEST AND LOWEST BALE J'BJCES Saturday June 17 Monday June 19 •33 '4 34 lu •3334 37\ 3734 *34 56 110 •53 56 H; 10934 110 I-2214 122 >v •96'« 44 14 45 8078 83 •8034 •ISHj *37ia •15 19 39^! I5J2 •as'* 39 •22>a 23 23 k 23^^ 61 •243 1334 *51>a 79 5m 3334 1334 *40 •35 •18 •40 47 •110 49 84 Hi 80*4 8 034 *18'2 19 *37'a 39 le-a 16 ?39 23 39 23 24 V; 61 5234 251 *13ia 15 55 38 56 109 "u 111 ill 11138 1227g 12334 12334 124'^ 9714 49»e 98I4 4934 84 9634 981, 4934 5OI4 85 8II4 85 85 14 8518 8512 4 39 39 14 I9I4 39ia 20 38 8112 1938 3934 1678 16^8 3934 I6>a 243 251 240 5 7 63, 41 "a 614 40 434 39 20 44 371a 18 4738 7 634 4034 6 371a 18 40 113 3134 9.5 240 44 4678 4734 111 112 2434 52 H; 6114 •30«8 804, 23^1 31*4 '243 250 *13ia I412 55 51 61 8II4 8038 8 134 a4 32 14 9214 95 240 240 220 *5ia 6'-. 61a 63, '6 634 634 41 42V 35 5 6 371a 20 45 40 24 6 24 14 23 9 9'-j 4818 9 36ia 24 49V 48 113 11334 51a 9 Se^i 134 134 5141 141 383, 37 1343913412 '140 *95Hj 96V2 32 'g 3278 103 103 102>2l02H •180 195 •15ia I6I4 •58 63 41Ja 42 141 951a 9612 32i% 64 51-. •12=8 •136 no •46 I6I4 39 1341313534 141 9612 96i2 3278 33 «, '103 103«8 16 1534 •58 *57ia 60 411a 42 60 43 95 4214 95 95 • 9k 39^4 33 103 "4 103 12 103 103 "4 10314104 180 195 -180 195 1513 I3I4 Vi'ii 131s 1851a 187 188 10 49 48 4218 421* 42 *12ia 136 10 48 10 421a I314 186 lOV 10 431a 50 42 14 4 an, 80 '. ... 80 111 95 111 *90 93 92 V 92 176 2172 la 173 174 174 *18i8 19 1878 19 1334 19 •7734 7812 7734 78 H 7713 7812 65 '55 85 •55 85 85 *27 30 27 30 •27 30 80 83 80 83 80 80 6I34 61 601a 60iii 611a 6II2 *110 117 ni7 1411714 ai5 118 22 20 20 22 20 20 88 12 86 *86 92 86 87 44 44 44 45 4478 45 *104 105 104 104 104 105 •145 150 145 150 146 150>2 *98 98 9912 98 99 99 38 39 38 39 •38 39 101 101 14 lOlSglOlH 10l>2l01l2 •95 *90 •174 •17 •73 *36 *91i4 •236 •31 80 111 •95 94I2 18 74 171a 3712 9212 239 31 V; •96I4 9612 •171, 17»4 •7313 74 74 •36 'il^ •236 31 96 171-i lOS, 74 73 37 92 3712 92ii 240 14 '236 31 '31 967j. •W6I4 •34 763, •40 •934 •71 28«8 7p 76'6 77 14 7734 44 10 H 72 40 44 28^8 978 17V 7312 37 12 92 240 33 967^ 1712 18 *73 74 74 32 32 32 32 32 •101 1011^ 101 101 101 *72ia 73 H 721a Td\ 73 12 •100 108 •lUO 108 '100 171a 107^, 72 28»8 29 71 18 I3I4 I3I2 102 la 273e 9J'8 34 •108 •86 •285 1021-^ 27 K, 94 ^< 34 131s 14 10934 110 7414 103 '\ '8 7912 44 1078 107^ 72 72 28»8 85 89 1378 1312 110'8llOi4 •85 87 27 27 261a 2612 60 60 59 3534 3634 37 102 14 102 1:8 V 28 102 102 14 2739 28 H. 9418 95 34 34 021.^ 3612 9479 34 40 24 234 6II4 144 82 U 24 4 1912 44 49V 11334 67e 534 6 61-, 344 434 Week Shares 37 6 33 13 45 Lowest 1.850 22i4Janl3 900 34 V May22 1.620 5134 Jan 25 2,450 105 Jan 6 Highest Highest Lowest Light 37i4Aprl2 4734 437, 11278,113 6 6 American Malting 244 Do pref 514 Apr 2 9 40U 200 20 J'ue 9 4334 Apr 6 Apr 12 1224 Apr 4 65 334 Jan 14 24J'ne 27 4 Oct 33 Not 5714N0T .d07?i §166 117 Oct Nor Not Deo Deo Deo 9=? 26 69 25 Not 48 V Nov Not 223b 5234 Jan 32 25 Not Not Not 4939 Oct 250 2138 71 8234 24=8 Not Not Deo Deo 87 Deo 35 4 Deo 9434 Dec 377eDoo 219 Not Not 14 Deo 97 imDec 4334 934 Deo Not 42 Oct 20»8 Not 42 4 Nov 3638 105 N OT Nov 9 29 Deo 21 24 Deo £8 4 Mar 7 16 J'ne 23V 9734 98 Amer Smelters Sec pref B 98 1,300 97-'9J'nel2 93-'s T'ne2 98 115-38117V 117 113 Amer. smelt'g & Kelin'g 125,900 7934 Jau 9 12:<78Aprl3 46 Feb 82 4 Deo 12041204 12134 122 Do pref 6,000 IIII4 Janl3 127 Apr 6 3334 Jau .15 Oct -167 175 American Snuff 16 { May31 183 Jau 21 110 Jan 170 Nov 167 175 •102 106 99 Jau 7 105 4May2G 85 Jau 9909 Not 102 106 Do pref 10 6,620 8 4J'ne 8 1838Mar20 914 lOV 104 1034 34.1'ue I514 Dec 107e American Steel Foundr's. 4939 4038 42^4 39'4 42 4134 Do pref 6,650 35 V J'ue 14 674 Apr 26 J'ly 5714 Deo 13739 13634 137 4 American Sugar Retiniiif; 19,600 130 May22 1493, Mar 13534 13634 136 122 14 Mar 153 Not MaylO 140 Mar 135 136 135 136 Do pref 123 Jan 141 Not ""50 133 1367gMay24 148 4 Jan 1404142 '142 I42I4 *140 143 Amer. Telepli. & Teleg... Feb 1494 Not 121 96I4 96 Amer.Tobac.(new),p£.ctfs 964 96 2,150 91 '8 J an 25 9938 Feb 9614 96 8539 Nov 96 Deo 35I4 35-8 3459 35 354 34 American Woolen 11,250 20»8Jan26 404Aprl8 10 Jan 25 Not 103'4 IO4I4 1043, 105 V 105 105 Do pref 1,830 93 Jan 6 l034Marl5 69 Jan 9434 Deo 10434 lOo 1064 10734 10514103 Anaconda Copper 16,300 l004May22 130 Apr 13 61 Feb 12078 Not •185 195 192 192 180 195 100 184 4 May22 a;215 Feb 14 185 Mar 2 294 Oct Brooklyn Union Gas. 16 16 800 107a Jan 13 I634 Aprl8 J'ly 12 «8 Deo 16 V I6I4 lo^^ 164 runsw. Dock & C.Imp'! 5 53 59 •68 69 Butterick Co '58 58 Mar 1 60 V Jan 18 477gFeb 6234 Deo 59 4334 4333 44 434 44 '4 (Colorado Fuel & Iron.. 25,600 33 May22 59 Mar24 25 4 Mar 5838 Nov 95 85 Feb 10 105 Mar24 63 Apr 95 Dec 95 95 > Do pref 137= 1379 13 4 13>4 CoL & Hock. Coal & Iron. "l358. 13»8 400 1134 May24 13 4 Jan 30 8 J'ue 19 4 Deo 189 34 419034 189 18641884 138 4 Consolidated Gas (N. Y.). 7,900 1344Mayl5 214 Mar 3 186 Feb 220 Oct 334 8 2234 •94 94 J'ne 94 S'i Corn Products 934 May 26I4N0T 1,240 Feb 7 454 46 464 464 464 474 Do pref 1,750 43 J'ne 8 79 Jan 10 66 Mai 8214N0T 4234 43 43 434 43 14 43 3g Distillers Securit's Corp. 2,735 j;3478 Jan25 47 4 Apr 6 194J'ne 404 Deo 76 May23 89 4 Feb 27 82 Nov 8339 Not 80 80 80 silectric Storage Battery. '100 100 111 111 105 IO7I4 Federal Mining & Smelt'g 200 60 Jan 11 128 Apr 7 434 Nov 68 Deo 92 934 94 944 9434 96 Do pref 4,700 75 Jan 5 1074Apr 7 71 Nov 90 Not 17334 17434 174 174 17441744 General Electric 1,700 169 May2o 192 Marl6 cl51 J'ne 1944NOT 1938 20 I834 193t I914 194 4,200 18VJ'nel6 25VMarll 10i4May 2538 Deo International Paper 7778 7734 784 734 784 164 76 V Feb 6 82i4Apr 6 64 V EeU 797a Deo Do pref 55 85 65 85 65 85 International Power 60 J'ne b 100 Feb2cl 26 Mai 72 4 Deo • 27 27 30 Internat'l Steam Pump. 30 30 30 100 29 May20 40 7g Feb 2 7 28 Sep 41-3eNoT *80 83 8114 81 14 814 83 4 200 78 4May22 8339 Apr 14 714 Feb 87 Not Do pref ?62i4 62 14 63 6338 63=, National Biscuit 62 3,560 544 Jan 25 6638 Apr 3 36 Jan 694 Not •116 '116 117 118 118 117 318 11638 Jan 10 12014 Marl5 100i4Jan 117 Not Do pref 22 21 224 224 224 22 4 Nat Enameling&Stamp'g 1,950 I8I4 Jan -iO 31V Apr 6 14 Sep 234 Not 86 92 •87 92 92 87 920 86 J'ne 19 94 Apr 19 75 J'ly 587 Deo Do pref 45=8 4539 4439 4178 National Lead 45 45 5,700 24i4Jan24 5134 Apr 7 14 V Feb 26i4 0ct 104 104 1034104 102 105 647 97»8Jan 7 llli4Feb20 80 V Jan 9Si4Deo Do pref 151 152 145 152 150 155 New York Air Brake 900 140 May22 16l38Aprl5 120 Feb 164 Not 99 14 IOOI4 9934 10034 1003910934 North American Co., new 7,522 97 4May22 107 Apr 17 80 Mar 1 0? Not 38»8 39 384 3934 39 14 3979 Pacific Mail 3,850 33 May22 49i4Jan 4 24 Feb 65 Not 101 4 102 14 101»8l02l4 102 1021, eop. Qas-L.* C. (Clue.) 4,500 97 14 May 15 1154 Apr 3 9234 Mar 1124 Deo 16 14 le't 16 17 le-* 1714 Pitts Durgh Coal Co 1,900 16 J'ue23 21 Mayl5 7-24 72 4 73 70 Do pref 1,600 67VJ'ne23 3014 May 15 67V 70 38I4 33V 4634 Apr 14 37 4 384 38V 24 V May 44i4O0t Pressed Steel Car 3,280 33 4 Jan 3 38V 92I4 9234 92 4 92 'e 92 4 9234 Do pref 1,130 8734 Mar 6 99V Apr 14 67 May 92 Deo 238 233 Pullman Company 236 239 J236 236 138 230 MaySl 254 Feb 28 209 Mar 244 Not 32 33 L> all way Steel Spring... 2,200 30 May22 4039Aprl7 16 May 35 Not 3134 324 3278 33 96^8 964 96 9378 974 964 S, iXDo pref 200 93 Jau 25 10334 Apr 15 7134 Mar 94 Deo I8O9 1838 1834 13 184 \%% Republic Iron & Steel . 6 ilay I8I4N0T 6,400 15 Jau 23 247gApr 3 76»8 767e 754 7538 76 74 Do pref 4,600 67 Jan 10 37 4 Feb 23 37 May 73 4 Not 32 32 324 33 33 32 Rubber Goods Mfg 700 24 Marl4 38 Mayl5 1434 Apr 2979 Deo 10041014 101 102 101 101 Do pref 750 94 Jan 25 109 V Apr 1 7434 Jan 98 Deo >4 80 82 804 81 76 79 4 6,500 60 Jan 25 1184Feb24 314 Jan 65 -38 Not Sloss-Shelfleld St. <fc Iron 100 125 105»4 10534 100 130 pref 100 100 Jan 13 130 Feb 23 77 Jan 105 Deo Do 34 1 34 1 Standard Rope <fe Twine., 6 Not 34 Jan 28 3 Jan 3 34 Mar 81-18 823b renn. Coal, Iron & BR... 8I34 80 814 82 28,690 68 Jan 25 106 4 Apr 4 SlSgMay 77 4 Not 40 43 4 Texas Pacific Land 41 42 40 43 39 4 Not 374Jan31 464Mar28 25 May Trust 1038 114 10 10 378 Aug 1314 Not 104 10 7j S'sPne 6 16 V Apr 3 3,300 Union Bag & Paper 76 >4 Not 10 82 Ti^ 72 68 Tan Feb 72 4 724 724 724 Apr 46 pref 4 Do 3,040 29 I4 2334 29 '8 29 29 29V U. S. Cast 1. Pipe & Foun. 7,400 1978 Jan 3 35 V Apr 14 6VMay 204 Deo 9 7„ V 9234 92^8 92 92 4 93 14 Do pref 4,400 79i4Jan 3 9734 Apr 17 40 Mai Sl39Dec 122 124 122 125 122 4 124 §120 Jan 9 134 Feb 8 100 Feb }1128 Not United States Express... 1334 14 1339 137e 13 4 133e ?United States Leather... 24,233 «1078 May23 14«9Jau 16 6 4 May 20 '4 Deo Illi4lll7g lll'4 11134 IIO4III Do pret 3,070 10078 Jan 10 «lU79j'ne2j 75 "a Jan 106 4 Leo 89 4 92 U S Realty & Improve'nt •35 8978 91 89 700 77 Jan 4 98 4 Mario 43 J'ly 84 4 Not 30 29 2934 aO 27 4 28 '4 2,020 18 Feb 28 40>4Aprl8 J 8 Reduction & Refln'g 60 60 604 624 62 4 62 4 Do pref 1,090 35 Jan 13 704 AprUv 364 Nov 40 14 Deo 3634 36 V 104 Feb 34 4 Deo 364 37 3f. United Slates Rubber 2.150 3334 ,/au 3 454 Apr 7 36V 37 10141024 1U2 4102 4 1-03 103=8 2,700 93')8Jau 6 1184Apr 7 41 Jau 100 Deo Do pref 3()i8 307^ United States Steel 2934 SOSg 838 May 33 V Deo 29 30 213,760 2478Muy2-J 3314 Apr 7 9738 98^ 9 7 ''8 9 8 '4 964 98 22,878 9034 May 22 IU4 78 Aprl8 61i4May 9539 Dec Do pref 3138May2J 39 2234 3434 J'ue 44 V Deo 35 Jan 3 344 ;-!6V 354 3579 Virginia-Carolina Cheiu.. 3,(;oo I0914IO914 109 109 109 109 1,025 103 V M.ay 1 110 Feb 20 9 7 "V Apr 116 Not Do pref 36 40 •364 40 40 Virginia Iron Coal <fe C. 300 36 J'ne 5 524 Feb 24 18 4 Sep 44 Not 38 235 250 230 250 •230 250 235 Juu 3 260 Feb 21 §200 J'ue 250 An* Wells, Fargo & Co 7',306 92 9434 J«ul7 954 J'uel9 85 May 94 4 Deo 94 est'u Union Tele'gpli 944 94 14 94''8 94 167^4 I6734 168 169 168 169 West'gh'se El & M fg assen 1,300 152 MeyJO 184 Apr 6 153 May 135 Deo 190 Feb 23 197 April 180 Aug 198 4 Not Do Istpref , > "^4 91»8 9134 9134 9238 •91 H, 9134 •122 125 •122 125 '122 125 1091a 109 ly •85 89 27 27 60 60 "v 37 37 403b 17 6 14 34 18 40 the SB Sange for Year 1905 Range tor Pretieu$ On basis oflOO-share lots Year (1904) . 74 32 101 7734 41 38 - 914 •140 4II2 5 434 23 23 24 9339 98 97=8 e7'6 97h 97h •9734 98 112-'4 ll?l2 11378ll6'4 11238 112 112 V 11218 12II2 llSSgUyij, 120 119 121 •118 118^4 167 175 •167 175 167 175 *167 180 •102 106 aOlia noiia •lOlVj 24 1934 55 V 37»8 44 113 ".i 612 85 82 "51 81 24 534 7 36 174 40 171a 20 471a 4818 112 112 5134 3473 3479 34 la 3434 98 4 9334 99 32I4 32 V 32 V 32 92 14 9214 92 92 '215 240 §220 220 7 6 381a •5 112 97 538 & Vol. lxxx. 17 4 J'ne 21 4 May 32 Feb Twin City Rapid Transit 87 4 Feb Do pref §l.')334Mayl7 158 Mario 158 Aug Pacific 346,500 113 Jan 6 13779 Feb 25 71 Mar Union Do pref 850 96 Mayll 101»8 H'eb21 a;864Feb CJnitRysInv'tof SanFran 3,500 214Jan 4 5134 j'ne'23 Feb 9 4,rt00 64 V Jan 16 89 Do pref Mar31 42 4 Apr United Rys of St Lou. prei 1,350 8014 J 'ne 8 82 J'ne23 2,000 l7 4May23 23«gFeb 3 16 May Wabash 2.901P 37 Do pref May23 43 Feb 23 3234 Feb WheeUng & Lake Erie 1,000 15 May 1 1934Miirl3 UVJ'ly Do Istpref 910 36 May 4 48 Fob 1 37 J'ly Do 2(1 pref 3,60u 20 May 4 284 Marl:! 21V J'ue Wisconsin Cent. t. tr. cfs. 18,100 20 Apr 29 25 14 Feb 16 16 Jut Do pref. vot. tr. ctfs. 6,90U 45 Jan 13 54I4 Feb 17 37 J'ne Industrial &, Aliaccll §250 Feb 7 }220 Feb J236 Jan Adams Express llis-Chalmers 200 13 May 19 Feb 17 6 M alDo pref 100 464 May 63 Feb 17 so 4 Mar Am.algamatedCopper 141,200 70 Jan 25 3979 Apr 14 43 V Feb Amer Agricult Chemical. 810 20 Jan 24 29 V Apr 15 13 Mar Do pref 89 V Feb 3 §92 Feb 16 7234 Jan American Car & Foundry 4,600 31 May22 43 3r Apr 14 1434 J'ly Do pref 1,040 .cyiij Jan 25 104 4 Apr 6 67 Jan American Cotton Oil 1,30U 3OI4 Mhv23 38 Apr 3 24i4J'ne Do pref 350 92 J'ne2;i 97 Feb 16 8834 J'ne American Express 16 i2094Jau 4 246 F'eb27 130 J'ut American Grass Twine .. 5^4 J'ueJ3 14 1,500 Jan 4 6 Aug 2 -'9 Jan Ajner Hide <fe Leather 1,310 6 J 'lie 7 114Jaul4 De pret 10,300 34 4J'ne23 65 V Mar 17 11 V Jan 4 American Ice 400 6 Dec V Apr 29 7i4Feb 1 Do pref 200 34 May22 4134 Ai)rlO 24i4Mai American Linseed 300 I514 Jau 17 2234 Apr 17 7 J'ne 36 Jan 19 48 4 Apr 17 224J'ue Do pref American Locomotive... 25,281 33 Jan 25 61'^4 Aprl3l 16 V Jan Do pref 1,910 10334 Jan 5 122-4 Apr 15 754 Jan & 127 93 250 134 Toledo Railways 35 1 2 Sales of 383, Tol. St. L. W. T. tr. ctfs 57 14 Do pre(. vot. tr. ctfs 243 24 24 634 40 '9 407, 35 *17ia 40 23 51I4 "t:. 3438 9812 3078 92'4 95 *210 39 23 5II4 251 34 98 6^2 6 23 24 5178 *52 33 "a 34 97 97 40V •16 151a 17 39 14 39 14 2378 23 'e 2334 24 1338 14 52 1914 3934 24 k 243 84'4 82 40 1334 15 3214 3314 *96 99 595 1678 3934 39 23 12 23 24 14 2434 52 -a 53 7934 79 »22ia 25 301a 125 98 61 8114 I918 79% '220 1237912559 98 "4 98^4 51 SIV 19 57 79=8 80 \ •22 "a 25 3334 35 »38 67 112 35 19 8038 STOCKS NEW YOBK STOCK EXCHANGE fYiday June 23 39 38 66 673e llliall2 3434 34<^ 35 65 51 *5ia 63* 93 48^8 34»8 34H2 3734 5534 3734 65'4 55 •35 98 30V, 3OI2 •92 >, 97 *220 98 243 251 21 • 12238 I2314 83 81"^ 3434 38 56 110 *34 Thursday June 23 Wednesday June 'Jl Tuesday June SO 1 . "a '4 96 V 35 108 109 109 109 109 40 38 38 38 38 250 235 250 '235 250 9408 94»8 9434 95 H a;9378 94 168 168'° 167 I67I4 '1G6'4 16734 •180 193S ' BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS Bankii Bid Ask Union ExcMi t218i4 tzig^s United... 85 Wash. H'h tail 210 90 220 WestSldell.. 550 Yorkvillell.. 400 BnoOKI.TN Boroughli 120 Broailwayll.. 315 Brooklynll .. 130 Con'yI&BB«, 145 yifHt 380 Mamitactrs'. 365 • 1 Banks Bid Ask Truat Cos. Bid Ask imooKi.yN Meclianicsll - 350 Nat City 290 North Sidoll. 300 300 290 Feople'sll 136 ProspoctPkl 140 17th Wardi 390 WaUaboulD . UnlonH 130 140 156 200 - 160 CITY Bankers' Tr. 475 Bowl'f<Green 207 212 Broad wayTr. 165 175 Central Tr'st 2200 2250 Colonial 385 Comnionw'th 95 Empire 240 245 Equitable Tr 575 Farm Lo & Tr 1470 1490 N. T. Merchants'.. 200 Nassau 390 R)<lg(r/»'ood1 Trust Co'« Ave Tr Guaranty Tr Guardian Tr Bid Ask 575 t590V 210 220 Knick'rb'k'r 1050 Filtli 160 Bid and asked pnoeg; no sales on this <Uy. i Legs than 100 shares. aaie at Stock Exchange or at auction thU week. Ex stock dividend, Ex s Law T I <fcTr t:!M 4 325" Lincoln Tr... 570 Manhattan .. 490 Mercantile .. Metropolitan 625 MortouTrusl t!t20 Trust Co's Bid Ask N Y Life&Tr 1050 730 325 390 655 770 1405 525 1475 275 426 225 1090 Now York Tr Real Est Tr't StandardTr't TitleGuifcTr of Am. Liu ion Trust Tr Co 505 960 USMtg&Tr 225 Unit States Van N'donTr Washington . ', Mut.Alliance 210 Windsor rights, Trust Co. c Ti'ust Co's 1| Ask BROOKLYN 410 670 730 290 460 Brooklyn Tr 415 210 Flatbusli 325 Franklin Hamilton 340 Homo Kings Co L Isl L&Tr. 176 450 300 260 Nassau 330 People's Willlamsb'g. 235 Ex divldead and rights. Banks marked wltU a paragraph oortlttoatos. Bid (H) 336 i96" 325 270 350 are Stato b&nlu — s Hew York Stock Excliange—Bond Record, Friday Weekly and Yearly OCCUPYING FOUB PAGES BONDS BTOOK EXCHJLNGK WSBi SiroiNQ JUNE 23 T. ir. V 8 2s consolregist«red.dl930 U 8 28 oonsol coupon.. ..dl930 tJ 8 3s regiBterea fcl918 *;1918 V 8 38 coupon 8 8 8 8 S 8 38 reg small bonds. .fcl918 38 cou small bonds. .fcl918 A1907 V 48 registered /il907 U 4s coupon 1925 U 48 registered 1925 tr 48 coupon Philippine islands 48.1914-34 tJ tJ series 68 ctts full paid loan mzs clls lull pd.l925 Eepub of Cuba Ss exten debt. U s <>t Mexico s t g us of IXHi' £ Q-F Q-F (i-F Q-F a;<e class B 6s C 4s i^-.l 104i2May'05 10038 101 99 92 1061a t00l4 9313 _ 104 I32I4I33 109 110 J-J West X .See Butt 106>i 100^4 12712. i03>4 Dec '04 13612 J'ly '01 J-J A-O K gen g 48.. .1995 97 97 '•i5iaDec'()4 96^4 n't, 96^4 ll'aJ'ne'o5 lOOv, 100 w. 4 iu3ia 10334 161 10234 May'06 I0II3 10034 10034 10 d^K, 97'2 96 "a 9634 13 94 "4 9738 Feb '05 "9 4 s^ Salt 94 3j, 94^8 29 99<S8May'05 9934 99iaNov'04 99»8 9914 i>9«8 9i'\ "10 98^4 99 la Jan '05 98'4 98iaNov'04 97I4 97 Oct '04 98 14 J'ne'05 99 A-O JU Stamped /tl995 Debentures 48 Series E. 1907 Series P Series G Series Series 1 Series K 1908 190Si H 1910 1911 1913 East Okla Div Ist g 48. .1928 AtiKuo3c<fc Nor Ist g 6s.. 1940 Atlantic Coast 1st g 4s./t.lH52 Charles Sav Ist g 78.. 1936 8av D' <& \V 1st gold 6s.. 1934 1st gold 5s 1934 Ala Mid Ist gu gold 5s 1928 Bruns <fc Ist gu g 43 193b SU Sp Uca (& G gu g 48 1918 & Dany See Soutli Ry ttlantic & W <fc N W .See M->; FA F-.\ FA FA FA FA M S J -D M-S J-J A-O A-O M-N J-J J-J Sou Pacific Bait & Ohio prior 1 g 3 ^as. 1925 J-J Q-J Registered W Begistered /il926 HonoD Riv Ist gu g 5s.. 1019 1st cgiias.. 1930 M Tol 1st g 6s 1922 A-O Pitts Clev /Pitts* West 1st g 48.. .1917 J-J Cen Ohio R & JPM&Cooertfs N Y <& Erie a&e gen tiee & & West & & .y-s AG J-J F-A J-D J-J J-U & A-O & Registered 1934 A-O C R I F & N W 1st gu 58.1921 A-O M & St L, 1st gu g 7s.. ..1927 J-L> 1908 J-J 2d 5s 1913 M-S Registered 1913 M-S Carb & Sliawn See lU Cent Carolina Cent iSee Seab Air I. Carthage & Ad .See N Y C & H CedRIaFJfcN 6eeBGR<fe>; Cen Branch U Pl8tg43...1948 J-D Canada South 1st 68 Cen Branch Ity See Mo Pao C«n RR & B of Ga col g 5s 1937 M-N Cent of Ga RR 1st g 5s..i>1945 F-A Consol gold 6s Registered ^ J -J J- J M-N Q-M M-S 9734 96S4 96 10214 138 971* 29 N«T'04 10418 1041.^ 103 May'05 110 106 May '05 91>4 923b eoia 91 99'>4 Sale 99 S934 93" 93 Sale 93 92 >s Sale 924 S2>i 10734 1061a Mar'04 109 Apr'05 121 1191a Mar'04 100 Sale 100 100 ' 112»4 1131a I36I4 137 133 la 134 1141a 10534 96 116 4 44 22 6 May'05 Sale Sale 11314 R& M 1945 M-N 194; M-N 1st prel income g 5s....j)1945 Oct 2d pret income g 53 pl945 Oct 3d pref income g 6s pl945 Oct J'ne'99 I0714 I36I4 13514 1141a J'ne'05 J'ne'05 J'ne'05 Aug'04 134 13634 1331413513 11234 115 102 104 , , 97 '6 10834 ltjl-'4 105 107 100 10634 113 113 llll'"8 101 981a 97 II3I4 I1314 8414 6/ !-t'34 80 '4 83 80 14 SO ^4 Feb '05 103 98 9618 96 '9 10534 Aug'04 1IOI4 Jail '(15 IDl IUI34 lOo rj6'4 IIOI4 IIOI4 101 '1 103=8 10014 108^4 106 '4 J'ue't'o lou Api '05 106 '4 1061a 100 100 :l6i« lOS no 105-'4 iOLi^j am , Sale Ui2 97 10.X34 11314 Feb '05 951a Sep '04 B."il8 J'ne'u5 81 b0i4 Muy'O.'j 10434 Apr'Od 102' Ui2'a 97" 97^4 i« Is 10819 111 II714 122 II6I4 II6I4 106 Apr '0 j ii8 , lios 97 85 bl 10334 1041a 101ial02'8 108 May'O.IO834 Miiy'O; 1173, 11734 II6I4 May'05 1-2 108 107 iirjJ., 106^4 llo JMiU-05 li 334 10334 117-18 ItiS 106->4 Since Feb'04 104 102 lU4iaMar'05 104 101 14 1013, 10134 10134 106 101 951-,. 100 106 .... 1131a 11234 J'ne'0£. 104 -'8.... Miiy'05 10734 137 la.... 137 la J'ne'05 119 121 120'4 J'ue'05 1191a Mar'oo 21 14 Apr'05 12 L 108 10534 106 113 1113, II418 105 10734 US 1191a lliJia 121 14 120 1361a I3714 135 .\pr'(i5 114 .... 114 May'05 11034 .... llOiaApr'O 187 Mai'05 110^4 1113, J'ne'O 112 la 112 la J'ue'05 111 loyia J'ue'04 99 lOOia 98 Is Jan '0 II6I4 11 634 Apr'05 119 2 119=8 M:iy'U5 ill 1b 117 1123g 1321a II514 lU 131 114 137 1091a no's 178 1«7 1151a 10934 11134 113'8 112 981s 98 1« 11634 II634 1194120 llliaJ'n605 110 111=8. II714 1171a 116 Mar'Oo 112 1171a 11238 112 137iaJ'ly'9'. 1153e May'05 106 Aug'04 185 Apr'05 11538 May'or 106=8Apr'Oo 106 14 11434 lOO's la 138 122 133-.; 1 ... ... 111 110 10978... 11638... 109 14 11434 117 18S=8 115 106=8 IIOI4 IO914 115 la J'ne'05 May'05 116iaJ'ne'li5 1121* Apr'05 114l4il63g 116if Jan'O 12738 1281a 127^4 May'O, 104 -a Dec '04 1051a . 102=8 May'04 99 14.. 99 la May'O 99 14 103 Nov'Ob 117 118 J'ne'O 117 . .. 117 Feb'O 11138 110 la Apr '0 ll«*a .. 107 Mar'04 10334 1053 104 104 161 "a. . 104 Mai"04 ll2i4Sale II2I4 II212 llOia IO834 Jan'04 1933 M-N 117 .. 1933 M-N 116 DesMo&Miun 1st 78.. 1907 F-A 10314 123 . Madison 1st 68.. 1905 M-S 10118 I2219 12212 11912 1221a North Illinois Ist 5s 1910 M-S 1051a 991a. Ott C F & St Paul l8t 58 1909 M- S l04»8io6 103 Apr '97 1161a. Winona & St Pet 2d 7s.. 1907 M-N 107 12514. 124iaApr'05 1241312612 MU L S <fe West Ist g 63 1921 M-N 127^8 ii;9i^ 12434 126 126 Mar'06 1251a. Ext& Imp 8 fund g 5s 1929 F-A I2014 AslUand Div 1st g 6s. .1925 M-S 131 98 1001-^ 991a 100 la 1003e J'ne'05 101 !« Mich Div lstg6s I00'8l01l4 101 1924 J-J 132 '4 10034 1021a Convertible deb 08 ll9i8J'ne-05 1907 F-A 101 11936 123 1181* 121 la Incomes 1911 M-N 103 118 .... 1201a Mar'03 Chic Rock Isl <fe Pao 68.. .1917 J-J 123=8 lllia.... 112 la Sep '04 Registered 1917 J-J 123 "a General gold 4s 102410414 1988 J-J IO634 107 la 104 la Sale 1041a 10434 Registered 1988 J-J 105 la 109 106'eSale 106^8 107 A-o l8t& refunding ..1934 10534 106 4s.. 106 Apr'05 g Coll trust Series C 4s .. 1905 M-N 9613 H4s 1910 M-N 94 M4s 1915 M-N ... M-N y3ia N 48 1916 M-N '05 93 O 48 1917 94 94 Jan 94 91 9234 P48 1918 M N Chic R I <& Pac RR 48. .2002 M-N 110 112 112 Apr '06 821b sale" M N Registeretl 2002 119 121 119 la J'ne'05 119 M-S II6I4 Coll trust gold 5s 1913 94 la Sale 11334 113 11334 SaJe II312 Choc Ok & G gen g 5s .01919 J -J 10334 107 J'ne'04 Consol gold 58 97 14 1952 M-N 11034 4 90 9634 97 97 Sale Keokifc DesM 1st 58 1923 A-O 109 ife 110 85 H4 Sale 82 84 149 67 67 72 >a 288 521a 73 72 la Sale Sinking fund deb 58 Registered Erie g 53.. .193 lat g 4s gu..l99b Mah 1st gu g 5s.. ..1943 CI Roch Pitts 1st g 6s.. .1921 Consol 1st g 68 1922 Bntlalo Southwest iJee Erie Butt Susq 1st ret g 48.dl951 Bur Cedar R No 1st 6s. 1906 Con 1st col tru8tg5s.. 1934 Buttalo Ail & 125i6Nov'03 112»8Jan'04 114i4 0ct '04 93 J'ly '04 9734 Oct '04 99 B*l Creek <fc S Hee Mich Cent Beecli Creek See N Y C & H Belle V & Car See Illinois Cent Bklyu & Moutauk Hee Iiong J Bruns <& West A'ee Atl Coast L. Butt'alo 129=4 11419 llS'e 9914 98^4 101 'a 1041a Sale /il948 Q-J 1911 M-S Conv deb 48 P Jun <& M Div 1st g 3'ii8l925 M-N P L E <fc Va Sys ret 481941 M-N SouUiw Div Ist g3'28...1925 J-J ; 112iaNov'04 97^ A1948 A-O Registered , 113 102 "4 Sale 145 /il925 Gold 48 ^ J-J Q-J Eang» January 1 MiQh No Low High Low 94 4 Apr '05 941a 95 As/c 112 1-.. lOQVzSale 103 >2 Sale 199£ A-O Conv g 48 (8ubscrips)..1950 /tl995 .N'ov Adjustment g 4s Registered /il995 Nov Keglslered J-J J-J J-J Is Sange or 92*4 'J8ia lOlit; 0/ $5 to a. P <fe Bid J-D i..l98'J J-J 2d consolg4s 101 la 1011-2 Warm Spr Val 1st g 58. .1941 M-S Greenbrier Hy Istgug Is '40 .\1-N UhiCifc All UK ret g 3s.. .1949 A-O Railway 1st lien 3i-2S... 1950 J-J 195U J-J Hegistereil Chic B & Q— Cliifc laDSslOO:. F-A f -A Div 1922 Denver 43 1949 J-J Illinois I)iv3ia3 194J J-J Registered., 96 97 1949 J-J Gold 4.S Iowa Div siulc fund 5.S..1919 A-O ;)6-»4 97 1919 A-O SinkiugtuiiiUs 10 IS^s Nebraska Kxleusiou 48.1927 M-N 1927 .Vl-N Registered 1921 -U-S Southwestern Div 4s Nortli Joint bonds See Great 1913 M-N Debenture 58 Hancfc StJo3 0onsoi63..1911 M-S C1UC& E lU Ist 8 f cur 6s. 1907 J-D 1934 A-O 1st consol g 68 1001-2 1937 -U-N General consol IstSs 961a 10134 105 1937 -U-N Registered 100 la 102^4 ChiCi&ludC Ry 1st 58.1936 J-J 100 1031a Chicago <fc Erie See Erie 9459 9734 Chic In<fe Louisv rel 63...1947 J-J 1947 J-J Refunding gold 5s 931a 973b 98 94 LoulsvN Ai&Chlst6s.l91U J-J 99 'a 99-'h ChicMU& St Paul con 78 1905 J-J Terminal gold 5s 1914 J-J 99=9 sa-^ General g 4s series A..el98y J-J Registered el9S9 Q-J 991a 991.^ General g 3 las series B.el989 J-J 1921 J-J Chicfe LSuDivg5s 9314 991, ChiCife MoRiv Div5s...l926 J-J 1910 J-J Chic& PacDiv6s 10634 ios'ia 1921 J-J Chic* P Wlstgos 1916 J-J DakcfcGtSog5s 1924 J-J Far & Sou assu g 68 1910 J-J Uaslife DDivlst78 1st 5s 1910 J-J 1& D Exten lst78 1908 J-J Lacrosse* D lat 5s.. ..1919 J-J Mineral Point Div 5s 1910 J-J 1910 J-J So Minn Div 1st 6s 1909 J-J Southwest Div 1st 63 841a 971* Wis<fc MinnDivg58....1921 J-J 10238 1051a Mil & No 1st L 68. ...1910 J -D 1913 J-D 103 104 ig Ist consol 6s 105 1101.^ Chic & Northw cons 7s 1915 Q-F Extension 4s 1886-1926 F-A 901a 931-j Begistered 1886-1926 F-A 981a 101 General gold Sias 1987 M-N 92 931a 92i« 921, Begistered «1987 Q-F Sinking fund 68. ..1879-1929 A-O Begistered 1879-1929 A-O 109 109 Sinking fund 5s.. .1879-1929 A-O 9734 100 Registered 1879-1929 A-O Debenture 5s 99 99 1909 M-N Registered 1909 -M-N Debenture 58 1921 A-O Registered 1921 A-O 86 tlOO 80 92 Mar'OC May'Oi 120 97 J-J Week^s Last Sale 10638 109 14 1 n the 10338. US^a. J-J 93 H; 102i2Mar'(l2 111 Mar'02 11934 Oct '04 10oi<,Dec'O4 . ftl995 Q-J g 4s Imp gu 5s. .1921 he & Hud R gen gu g 5s 1920 Leh & Wilks B Coal 5s. .1912 gl210 Con ext guar 4ia8 N Y <fe Long Br gen g 48 1941 Cent Pacific See So Pacific Co Clias & Sav See Atl Coast Line Price Friday June 23 & Ohio g 6s ser A../il908 A-O al911 A-O Gold 6s 1939 M-N lat consol g 5s 1939 M-N llesistered 4 1992 M-S General gold las 1992 M-S Ke-ustet-ed 58....194U J-J Craig Valley Islg A Div l3tcong4s..l989 J-J 941a 10.^ 190 18 1011, 93 14 60 I03I4 'MS t)12S luy'4 0t:i '00 . 1900 J-J 1920 J-J 1924 F-A 238 Alabama Cent iHee Ho Ry laba Midi Hee At Coast Line Albany <&Uu8Q 6ee I>el<is Hun Allegheny Valley aee Feuu Kl< .4.rbor 1st Atoh <& S Fe of Ga (Continued) Chatt Div pur mon g 48.1951 Mac <fc Nor Div 1st g 63.1946 MidGa<fe Atl Div58....1947 1946 MobUe Div Ist g 58 Cent of N J gen'l gold 5s. 1987 Registered.. ftl987 Am Dock<fc 1061a 10434 105^8 1321a 133 Knilron.d astin 106 104 101 la Jan '05 102 Hj. 102 100 J-J J-J Small Virginia fund debt 2 3s.. .1991 J-J 6s deferred Brown Bros ctfs. & 1 1041a 104^8 1041a 10538 10334 10434 993( 93 1„ 931k, Sale kese are pi ices 1901 J-J IiOuisiana new consol 4s. .1914 Nortli Carolina consol 48.191U 19111 6s 1933 8o Carolina 4 HiS 20-40 Tenu new settlement 3s. .1913 Ann January STOCK EXCHANQB Week Endino June 23 N. T. CI168 101 Sale 991s Sale 92 Sale 106^4 ^4 Sale 100^ 1^4 Salt K-A M-S n A 4 to 5. ...1906 Currency tuuiliug 4s Dist ol Columbia 3'65s Alleg BONDS Jlange Since High No Low High Central 103 "a lOliaDec'04 104 IO415 104 J'ne'05 105 106 S 10434 Apr '05 132 132^2 1321a Mar'06 132 >2 133^ 133 J'ne'05 103 109 J'ne'05 Q-J Q-J Q-F Q-F Q-F 1954 J-D 1904 Stnte Secnrilics Class Class t% ~ '- 104i2J'ne'05 1041a 105 104 I04I4 104 104 104 104 >a IO414 I04I4 107 J'ne'02 2il Alabama IO4112 |t3 Government Forelffti of Last Salt Low 104 Q-J Q-J Japanese Govt 6s sterl'g.lOll A-0 Gold 48 We^tcfs Bang* or Bid GoTcmment V, S. Jttet Friday June 23 117 May'05 1151a Apr '06 " MUw& 185 11538 106=8 HI 110 11634 11-^18 11218. 11618 il6l8 I26I4 12914. 991a 101 Il7iall8 117 117 llliall3 ioi" i ioo'i^ 18 i'uiiii3ii . . 117 . lloifllieia lli'»8 104iaNov'04 105 la May'04 105 May'05 110i4Mar'05 10418 1071a 11014 UOI4 127'8J'ne'06 127'8l30 119i4Nov'04 1421a Feb '02 1311a Jan '05 103 Apr '04 1311a 131 Sep Apr'05 May'05 la '03 109 123''e 123 107 107 1221a 126 123 123 lu7 Jan 104141071a '03 95" 97 961a "991^ lOlUSep '04 J'ly '04 97 96 93 94 , . , i-i , Mav'04 May'O 1 Dec '114 90 May'04 8O34 761a Sep 94 82 1.. 1129 943^ ioi 14 79 85 '1)4 901a 97'8 11534 110i(,.Apr'05 110 Apr'05 il5 115 109i4."Vlay'05 109 11034 90 117 944 1204 115 lUl&iCEta^ANEUUsi BONUss—Continued on Next Page. Street UaiUvay Brooklyn Rap Tr g 5s 1945 refund lat conv g 43 2002 Bk City Ist con 58.1916, 1941 Bk Q Co S con gu g 5s. 1941 Bklyn Un El Ist g 4-58.1950 Kings Co El Ist g 4s.. ..1949 Stamped guar 4s 1949 Nassau Elec gu g 43 1951 ConnRy<feLlst<ferefg4ia8'51 Den Con Tr Co Ist g 68. ..1933 Den Tram Co con g 68.. 1910 Met Ry Co Ist gu g 6s. .1911 Det United 1st con g 4ia3.1!i3'-' Havana Elec consol g 58.1952 liouis Ry Co Ist con g5s..l93ii Met St Ky gen col tr g 58.1997 <fi> Bway<fc 7tli Av Ist eg 5s 194:; Col<fc9lliAvl8tgu g 58.1993 •No price A-O J-J J-J 1081a 109 89=8 Sale 10914 M-N F-A 110 F-A 93 P-A llOia .... J-J 93 89 J-J lOlis.... 93 A-O J-J J-J J-J FA 95 la 93 .VI- 89 109 89 101 la J'ne'O.'. 95 J'ne'OO 95 93 1141.^, UOWj. 11634 J'ne'05 119 1204 May'05 Friday; latest price thi» week. . 5 IO8I4 11234 <fe 95 93 109 116 95 J-J F-A J-D Sitreet Railway Met St Ry—rConjRet g 4s2002 Lex Av P F l8t gu g 58 1993 8934 176 83 14 89 '8 Third Ave BR cou gu 48 2000 10838 10838 108^ May'06 Third Ave Ry 1st g.58.. 1937 106 106 106 Feb '05 10914 1131, MetWSEl(ChicU8tg4s.l938 11038 11038 MU El Ry & L 30-yr g 5s. 1926 934 92 93 93 914 96I4 Minn St Ry 1st con g 58. .1919 93 931a 109 88 aDueJan 87 91 98 1014 95 964 924 94 Mar'OC 116 d Duo Apr 114 120''t 11634 1204 11938 12134 « Due .Uay A-O 91 1« Sale 118=8 97 4 Sale 120 J-J J-J 119 1 F-A F-A 109 J-J 109^8 MS St Jo RyLt H<feP 1 St g 5s. 1937 M N St Paul City Cab con g 58.1937 J-J Underground Elec Rys of Lon don Profit sharing 5a... 1908 J-D Union Kl (Chic) Ist g 5s. .1945 A-O United RRsSan Frsl 4.S.1927 AO United Rys St L Ist g 48.1934 J-J W Chic St 40-yr cons g 5s. 1930 100 114 914 9034 120 9634 97 170! 1 974 11641184 4 94^8 18 14 Apr'05 95 Feb '05 106 Oct '99 106 4Nov'04 115=t 110 99 96 97 1004 J'ly '04 98 984 98 '8 984 109 4 Dec '99 89 14 8818. 8914 89 May'05 884. .M-N 90 15 87 14 91 8518 89=8 Dec '97 (aRs and Electric Light Atlanta G L Co Istg 5s... 1947 J-1 gUao.i'uo /iL)uo.j'ljr fc Due Aug Duo Oct p Due Nov sOption sale . Bond EeCOrd 2C08 BONDS STOCK EXCHANGE Week Ending June 23 St L See Atch T & Sa Fe Clue Chic St L & N O iSec 111 Cent Cliic St L & Pitts See Venn Co N. Y. WeelCs Range Range or Since Last Sale January 1 <fe Clucago Ter Trans g 48. ..1947 J.J Coupon oil \Ve8tlndpenp6s?1932 Q-M Mich See Pere Marq Clue & W ChocO&GuU &eeCKI&P Cm H & D consol 8 I 78. ..1905 1937 2d gold 4'-!S Cin D & I Ist KUg5s...l941 W 1st gu g 4S.1953 CrstL&C SeeCCC&StL Cia I <fc Cln S & G See C C C St L, ClearHeld <fe Mah See B R <fe P Clev Cm C & St L gen g 4s 1993 Cairo Dlv Ist gold 48 1939 MDiv 1st g 48.1991 Cin Bt L DlT iBt col tr g4s..l990 Registered 1990 Spr & Col Dlv l8t g 4s. .1940 Val Div 1st g 48. ..1940 W& W WSt C I 1j <fe C consol 68.. 1920 fcl936 Kegistered Cln S & CI con l8t g 58. .1928 1914 C C C & I consol 78 Consol sink fund 78 1914 goldes. 1934 General consol 1934 Begistered Ist pref 48.1940 Ind Bl & Ist pf 5s...<a938 O Ind <fe Peo <fe Ea.st Ist con 48. ..1940 W W <fc Ask Low Migh Ko Low High J-J M-N J-J 136 137 93 Dec '03 nS'^sApr'OS 1'1S)\ Mar'04 125 125 97 97 95 9o 136 93 I34I2 , Sale 94 14 95 lllSjUo 114'3 116 8 133T8138 135 . U7»8. 13678 23 14 mi,; 86 14 99 84»8 97 14 1141a 116 i 114»2 J-J J-J M-N M-N M-S J-J M-N n J-D J-D J-J J-J A-0 Q-J A-0 102 101 101 102 Sale 1915 J-D 1915 J-D 2000 J-D N Y Lack & Ist 68.. .1921 J-J Construction 5s 1923 F-A Term & improvers 1923 M-N Syr Bing <fe N Y 1st 78. .1900 warren Ist ref gu g 3 ^28.2000 F-A Pel & Hud 1st Pa Div 78.1917 M-S Registered 1917 M-S guards Registered 1st ref gu g 3»2S W AC 1st 7s. 1921 A-0 AO M-N Del Riv RR Bridge See Pa RR PeEV.fc R Grist con g4s. 1936 J-J Consol gold 412S 1936 J-J Improvement gold 5s. ..192)-. J-D Kio Gr West 1st g 48. ...1939 J-J Consol and col trust 4s 1949 A-0 Utali Cent 1st gu g48 al917 A-0 Eio Gr So gu See Rio Gr So 102 102 101 May' 05 100^8 Mar'Oo 101 104 10034 101 98i-jl003f 102 100 100'8l03'e 102 W Det Sou 1st g 48 Ohio Sou Div 1st g 199J J-D 1951 J-D MS Dnl& Iron Range IstSs.. 1937 AO 4s. ..1941 1937 A-O 1916 J-J Eejiiatered 2d 68 Dul So Shore & Atl g 5s. .1937 J-J 17a8t of Minn See StP M cfe M Jast Ten Va & Ga See So Ry El^n Jol & East Ist g 58.1941 M-N Elm Cort <fe No See Leh & N Y Erie Ist ext gold 4s 1947 M-N 2d ext gold 68 1919 M-S 8a ext gold 4>2S 1923 M-S 4th ext gold 58 1920 Jth ext gold 4s 192^ let consol gold 78 1920 let consol g fund 78 1920 Brie Ist con g 4s prior. .1990 Registered 199G 1st consol gen lien g 48. .1996 ' Registered 1996 Penn coll tr g 4s 1951 60-year conv 4h 1953 Butt N Erie Ist 73.. 1910 Bttft& S Wgold 6s 1908 Chic & Erie Ist gold 58. .1982 ; A Y& AG Oct '04 Feb '05 •J4ia--^ug'03 105 Jan '04 <fc Imp Y Sus & 134*4 138 135 May'05 134 135 9934 9934 Dec '04 104^1 Nov'Ol 98'a 9814 100 14 IOOI4 7334 11212 74Vj Sale 98 100 14 7412 75'8J'ne'05 9438 94^J 753. 94 >4 91 "2 101 711a 84 Feb '04 lieiaJan'OO 119^8. 1161a II6I2 73S4 32 Mar'05 May'05 108 127 12838 1283b J'ne'06 127 Sale 97 ISOHj Sale II3I4 102 "-a lOd'eloeia 127 you 77 961a 13334 lOSV, . 12934 130 May'05 129i«130ia 11218115 103 105 105 Hi 1051a 1071a Feb '03 May'Oo Aug'Ol "i 103=8 IO3I4 J'ne'05 10218.... 102 J'ne'05 I3918.... 142i2Mai'05 103 U2ial42ia 102 41 Sale 102 IO212 108 108 Apr '05 108 108 J'ne'05 100 10034 101 WUk& & 91 il J'ne'05 105 '04 115 119 115 "4 IIOI4 A'o Low High 92 3 I2318I24I4 1061*11013 114 H6 113\ lU 1081a IUIq 91 la 85 10513 102 la May'05 102 91 H4Hj. 11334 J 'ly '04 llOia J'ne'05 , , F-A A-U J-D J-J 9578 Sale 105 Sale 124 12618 107 •« M-N 121 88 123 102»8 134'a .... .... .... 109 109 J-J J-J FA I 911a la 105 W 10334 941a Nov'04 lumie 116 Apr '05 102 In May'05 110 la May'05 102 la 1021a 109 111 117iall7i2 117 la Jan '05 10 14 J'ne'05 108iall0i4 109 '8 10976 114 114 1131a..., 66 701a 69 J'ne'05 1731a Sale 169 <4 1731a 113 „. 1st consol gold 48 General gold 48 Ferry goId4i2S Gold 4s 100 MN 1093^ . City (Mo) Gas let g 58 1 922 A-O 99 KlngBCo El Lcfe P g 6a.. .1937 A-O 109 Parc)ia«e money Os 199 A-O 1221a. Kil Kl II likn ImcoD g4a 193 J-J 061a. . 118 73 I8714 103 Nov'08 109 112 IIOI4 J'ne'Oo IIOI4 . . 82 . 941a. 90 lOlialOlia 105" iofia 104ial08 103 103 J'ne'05 J'ne'Oo 105 103 106i2Mar'03 9534 May'05 123 May '99 86 Jan '05 85 Nov'04 8214. .... 10618.... lie* i03"i03"* ifl la 9434 9618 851^" 86"* 96 Mar'05 101 la Oct '99 100 Nov'OO 109 ifi May'05 9513 96 109 la 109 19 124i2Apr'04 1031a 90 Nov'98 12368-... 124 124 12068.... 11934 Mar'04 121158 --.. 9414.... 100 ,103 109 14 107 '4 lOOia 120 102 1-22 'iii'^ 125" 9368M-ay'04 110i2Jan'05 103 Nov'04 llOiallOia 108 Mar'04 107i2Dec'02 100 la May'Oo 120 Ha May'Oo 85 M 71 Sale 85 Apr'05 7078 71 Oct '00 63 N 119 .... Ii7ia-... 116 1121a Sale 110 ^ 1191a UOia 9968 10019 119141221a 100 10314 7038 81 112iall6 88 85 69 7Bia 70 1171a 119'4 Feb '05 1126911014 11713120 10969 Apr'05 IO8I4 10963 112 105 la 112 Jan '•i 110iall2ia '04 11914 May'05 11712119=8 09 12 Oct '99 115 J'ne'05 99 Jan '06 115 99 1 1141a 99 1 19 Wj J'ne'Oo II6I4 Apr'Oj 11818 120 102 105»8. IO414. 1061a Nov'04 Q- 1151a H7ia Apr'05 101 100 la 101 7il931 1938 1922 1932 1949 1934 1949 101 J'ne'OS 105 Jan '05 98 9914 Oct '04 1011410134 101 14 101 14 110 J'ne'04 101 1021s 10214 IO212 lOlia 115 i'i NY 10439 11312 M RB 11119114 112 106 119 Si 120 119 Ist g 53 1927 Nor ShB Ist con g gu5s ol932 Louisiana cfe Ark let g 5s. 1927 Loulsv cfe Nashv gen g 68.1930 Gold 58 1937 Unified gold 48 1940 Registered 1940 CoU trust gold 68 1931 6-20-yr col tr deed g 48.1923 E <fe Naeh Ist g 63.. ..1919 cfe 10434 Sale 109iaFeb'05 100 May'06 . 123 J'ne'06 94 la Apr'05 i* O212 105i4Mar'03 112 Mar'02 11i3b May'05 109 Nov'04 106 14 Apr '06 119 J'ue'05 11834 Maj'O.'i 10434 105 iji 10178J'ne'04 115 Apr'05 99 Is Sale H 1146g on Next Pase. lOl 105 1021a 105 ,, 100 14 103 .: ioi'iiibssi 11188111^ 104i9i057j 119 122 117 119H| 22 1021a 106 If llM'ellS • NYGELllcfcPg 6s.. .1948 Purcliase money g 48. ..1949 Ed El 111 1st conv g 58. .1910 J-D F-A M-S 1906 J-J ...... lOSHiSalc 92 0214 104^...,. 119 99 107 18 MS 108''8 16 108 109*4 105 19 1061a IO8I4 108 Hi 24 lOSiiUlHi 92 14 12 92 97'4 IO912 105 Hi May'Oo 92 Mtty'05 92 104% 1041a llOHiApr'OS 106 103 Mfty'05 124 l'24 May'OS 106i4Mav'05 cfe 124 10713 1071.. Sale ioy>3 1093^ 10713 109 May'Oo 1041a 107 19 Apr'05 108 109\ 106 97ifl 10913. I n "i't'X! LacGa8LofStLl8tg58.el919 Q-F 108»4 Bel and ext Ist g 6s 1934 A-0 105 MUwaukee Gaa L 1st 48.. 1927 M-N 91 : '! 9834 99% 140 9712 100"% II414II7 11414 J'ne'Oo Electric Kight Poo Gas cfe C let con g 68.1943 A-0 Refunding gold 58 1947 ChG-LcfcCkel8tgug58 1937 J-J ]09ial09i2 Con G CoolChlstgug58.'30 J-D 100 100 Mu Fuel Gns let gu g 6s. 1947 M-N Syracuse Lighting let g 68. '61 J-D 12418 127 Trenton G cfe El Ialg5a..l949 M-b 941a 941a Westchester Llght'g g 68.1950 J-D 891a Deo '00 117>«H7ia 1074 cfe 61 la Oct '01 91 bW and aakeU thU week. aDueJan 1063* IIOH. N Ycfey El Lcfc P 8t con g 681930 F-A N Y Rich Gas 1st g 68.1921 M-N Pat Pus G E con g 6s. 1949 M-S 106% 91 10734 103 iod" i03' 96 109 Unified gold 48 Debenture gold 5a Guar ref gold 4s Bklyncfe Mont Ist g 68. .1911 let 58 1911 N Y B cfe B Ist con g 58 1935 cfe 90ie. 99 103H 98i4l01i« 1011,. 1950 cfe Caney Val See Mo P Long Dock See Erie Long Isl'd— lstcong5s./!.1931 BONUS—Continued 113 66 169 10234 J'ne'06 105 J'ne'03 112 112 112 Sale 101 la 102 7912 80 J'ne'05 11234 J'ne'05 1121a 113 1 J-D F-A F-A 2 105i2J'ly*04 103 103 I0314. W Ist consol gold 58 M-S 101 Leroy 109'eJan'06 102 "e 103 103H 625 101 . N 9514 9414 9712 95''e 209 1031a 105 145 9534 111 126I2 Mar'05 1261a I26I2 110 Mar'05 105 110 1221.^ J'ne'05 1201a 1231a 10234 J'ne'05 10234 105 l34iaJ'ne'06 I34ifll36ia lis J'ly'04 116 J'ne'Oo lie il6 117 Jan '05 117 117 1 Sale 1051a. 2d gold 53 1909 3d gold 4s 1921 Iowa Central Ist gold 58..1938 Refunding g 48 1951 97 10238 103^2 41 100 9812 Jan '04 9439 ii3 91 94 9414 Sale 10294 113iaMar*00 102 1041* 103 Apr'05 94 Mar'u3 V.'.V.'.ioi'^j lOliaMay'OS 70 Oct '04 107 106 May'05 10534 102 Oct '01 GreatNorlstg6s..l919 Gas nnd M-N A-O 112 N May'06 114 "a J'ne'05 103 Feb '05 134 12 May'05 130 Aug'03 Sale bale ,1041a 1041a J'ne'Oo W See <fc St L Knoxviile cfe Ohio See So Ry 84 Lake Erie & 1st g 5s. .193 961-j 2d gold 5s 1941 North Ohio Ist gu g 5s.. 1945 114 116 L Sho & Mich S See N Y Cent Lehigh Val (Pa) coU g 5s. 1997 1111311514 Leh Val N Y 1st gu g4i28.1940 Registered 1940 Leh V Ter Ry Ist gu g 58.1941 Registered II718I2O 1941 Leh V Coal Co Ist gu g 5s. 1933 Leh cfe Y 1st guarg4s.. 1945 107 107 Registered 1945 107iall0i2 ElCcfeN 1st g 1st pf 63.1914 Gold guar Ss II412II7I2 1914 Leh cfe Hud B See Cent of 101 la 103 J Leh cfe WUkesb See Cent of N J 133 137 119iaMay'06 . 107 115 110 115 103 W Kentucky Cent See L cfe J'ne'05 lOS^a. 10634 H Keok cfe Des Mo 96 70 90 May'05 116 115>8.. Kttii l«t«et Mar'98 Han Registered 96Ja 9912 100 Sep -04 96 961a 96V2Apr'05 81 34 Mar'05 9212 93 93 May'05 103 AO Sep 110 cfe Mo prloe JTrlday; 124 110i2May'05 114 Apr'05 104 Oct '04 114 Apr'05 124 105 1921 Registered.?!. KCcfeMRcfeB SeeStLcfeSF Kan C <fe Pacific See M K cfe T Kan City Sou Ist gold 38.. 1950 Gdh nnd • High M Jan '02 niliiiCELXLANEOLIH EdEUllllku SeeKCoELcfeP Ed E lU See N Y G E L H <& P « LN Y let con g 68.. 1932 fqq G cfe Fuel See P G cfe C Co Saocfe KlecUerg Co eg 68.1949 Geu Klectnc deb g 3t.j8..1942 6r Rap G L Co let g 68.. .1915 HudMon Co Gas Ist g 5s. .1949 January 1 M , 1301a Eal8tgug58.1942 J-D PitU See Penn Co Electric liiftht Bklyn U Gas laX con g 68.1945 Putlalo Gas Ist g 53 1947 DouKOlGasconvdeb 68 1909 Consuin Oa« See P G cfe C Co Detroit City Gaegos 1923 Pet Gas Co con 1st g 68...191H GUa V G Nor See So Pac Co Gouv & Oswegat See N Y Cent Grand Rap Ind See Penn RR Gray's Pt Term See St L S W Gt Nor— C B& Q coll tr 4s 1921 100 102 12 108 IO912 108 110 Jefferson RR See Erie 98i«10l Kal A cfe G R See L S cfe S 04 12 an <fe Mich See Tol cfe O C 89 K C Pt S cfe See St L cfe S F , 'Wi IIOI4 126 127 130ig 1301^ 11218 May'05 104 108 12838 13134 127 102 184 149 101>al04 109 110 118 .... Erie 3;i? SeeSoPacCo Intcfe II414 2d gold 412S 193 F-A General gold 58 1940 F-A Xernilnal Ist gold 5s.. .1943 M-N Regis §5,000 eacli...l94 M-N g 68. 1910 A loeifi 112 J-J J-J J-J J-J gu g 58.1946 M-N J 1st S ib's'ii J'ne'05 II7I4.... MldllRolN & 102 114 123 9934 . M-S M-S Ist cur 68. .1913 J-J W 1st ret 68.1937 al i03i4 115 l^lia. J-J Jf Since iVd" Sale 110 911a . I3412 lOOialOlia 114 V,. 105 . RR I8tgug58....al909 A-0 liOng Dock consol g 68.. 1935 AC Coal & RR 1st cur gu 68.1922 M-N N Y & Green L < IO5I2 1151a M M W W Har 113 134 lOlJigJ'ne'OS J-D JeB Dock 1231a 125 10912 Greenbrier Ry See Ches <fe O Gulf <fc S 1 1st ref cfe t g 58 61952 J-J <fe St Jo See C B cfe Q onsatonio See N Y N H cfe H Hock Val l8tconsolg4ia8.1999 Registered 1999 Col cfe Vlatexlg4s..l948 Houst E <fe Tex See So Pa« Houst cfe Tex Cen See So Pac Co Illinois Central Ist g48..1951 Registered 1951 1st gold 3ia8 1951 Begistered 1951 Extended IstgSiaB 1951 l8t gold 3s sterling 1951 CoU Trust gold 4s 1952 Begistered 1952 L N O cfe Tex gold 48 ...1953 Begistered 1953 Cairo Bridge gold 48 1950 I-ouis ville Div gold 3 las. 1953 Middle Divreg5s 1921 Omaha Div 1st g Ss 1951 St Louis Div gold 38 1951 Begistered 1951 Gold3i28 1951 Registered 1951 Spring Div 1st g 3ia8...1951 Western Lines Ist g 4s. .1951 BeUevcfeCar 1st 6s 1923 Carb cfe Shaw Ist g 48... 1932 Chic St L cfe N O g 58. ..1951 Registered 1951 Gold 3ia8 1951 Registered 1951 Memph Dlv let g4a... 1951 St L Sou Ist gu g 48.. ..1931 Ind Bl cfe West See C C C cfe St L Ind Dec cfe 1st g 5s 1935 Istguar gold 58 1935 Ind 111 cfe la 1st g 48 1950 DesMol&FtD SeeCR&IP Des M & Minn See Ch <fe N Des Mol Un Ry Ist g 5s.. 1917 M-N Det M <fe Tol See L S & M So Det & Mack Ist lien g 48.1995 J-D Gold 48 & T H l8t cons 68.1921 Istgeneral gold 58 1942 Mt Vernon Ist gold 6s. .1923 Snll Co Branch 1st g 58.1930 Ev<fe Ind 1st con gug6s..l926 <fo St P tfiargo & So See Ch lint <fe Pere See Pere Mar Fla C cfe Penin See Sea Air Line B'ort St U D Co Ist g 4I28.I94I Ft & Den C Ist g 68.. ..1921 Ft & Bio Gr l8t g 48. . 1928 Tal H <fe H of 1882 Ist 58.1913 A-O Georgia & Ala See Sea A Line 115%119 Ga Car & Nor See Sea A Line 98 991a Georgia Pacific See So Ry 99 100 "4 104 10118103 Conn & Term See N & W Conn & Pas Rlvs let g 48.1943 A-0 & Gt So See C M <fe St P Dak aUas & Waco See M K & T Del Lack & Western 7s. ..1907 M-S 10938 127 Morri8<fe Essex Ist 78. ..1914 M-N 126 1906 Ask Low ^ Col Guar gold 68 Reus & Saratoga or Last Sale <fe J-D AO Mh6o Su8lstcongu78.190G Range n'eelc's Range <fe Clev & Marietta See Penn RR Clev & Malion Val g 5s... 1938 J-J Clev & Pitts See Penn Co 1947 J-J Col Midland 1st g 4s Colorado & Sou 1st g 4s... 1929 F-A Colum <fe Qreenv Sa So Ry Col <fe Hock Val See Hock Vai 1st consol Price Friday June S3 Bid / 104i2DeC'0 113 Oct '00 11538May'0c 99 May'Or 100>4. 1990 Apr 116 WTi con Ist g 5s. 1933 lncome48 01 Lor AO _../cl936 Q-F Ist gold 48 BONDS STOCK EXCHANGE Week Ending Junk 23 N. Y. Evans 134 Kor Wisconsin Ist 6S...1930 J-J 124»4 St P <fe S City 1st g 6s. ..1919 A-0 97 Cluc<fe Vol. lxxx. 2 | M O con 6s... 1930 J.D Cons Gs reduced to 3Hi8.iy3i» JD ChStP& Alinn IstgGslOl M-N P Price fYiday June 23 Bid <fe Clue St —Continued—Page 110 113 9214 92 10 103i8l05»4 llSHjlia't 105 108 103 103 I06i4l06l« 1283^ 1271* 1071a 109 108 110 10714110 105 la 1071a May'06 no 112^ Jail '05 IIII4II3 Dae Feb dDaeApr «DueMay ADuaJ'lr *DueAng oDaeOot gDueDeo »Optioni«jU — j Bond Record— Continued— Page ;juNE 24, 1905.] i;i>M)s STOCK EXCHANGE 4^ Week Endino June 23 K Y. Lonisv li Cin N O O N Lex <fe g;old 4^28—1931 M-N M M N M-R M-S M-S M-S 112 114 I21I4 114 114 121l2l2il2 Nov'99 10134 May'05 J-J F-A F-A F-A 96'8 y6>.j J'ue'05 II6I4.... 115 Mar'05 II2I2 Mar'05 llS^e.... 115^4 Mar'06 114«8.... AG 99I4.... See Erie See Chic & Mil L S <fe Mad See Chic & Mi! & St P Mil & North See Ch Minn <fe St L, Ist gold 78. .1927 1909 Iowa Ex 1st gold 78 Pacific Ex Ist gold 6s. ..1921 South West Kx Ist g 78.1910 1934 1st consol gold 5s 1st and refund gold 4s. .1949 Ft D 1st gu 4s.. .'35 Des Minn St L gu See B C R & N StP S S JI con g 4 int gu "38 SS A 1st g 4 int gu 1926 Minn Un See St P Mo Kan Tex 1st g 4s. ..1990 2d gold 4s ffl990 1944 Istext gold 58 St h Div 1st ret g 4s. ...2001 1st gu g 58... 1940 Dal Kan O <fe Pac 1st g 4s. ..1990 & W M M& & & M& & M M 1041a 104 Apr'06 108iaJ'ne'06 108 14 109 J-J J'ly J'ly 78 Sale 20I2 21 -J 12 Si 13 "i 63 2134 145 84 13 78 7634 FA J-D J-D is>ia 12 19 11 Wb 94 "a 98 9612 90»8J'ly'01 (leSj May'OO 105 Ua 1361a.... 10834 II9I3.... Dec '03 10834 111=8 I20I4I22 luifliie 114^4 J'UP't)5 U412 J.J 9713 98 110 97J2 96»fl J-J J-J J-D lOliiSaOf 8614 87 lOSi^Slrte F-A FA J-J IOII4 86I2 86 105 14 105 90'2J'ne'05 90 Kj 92 II214IU Sale l'.-'258 107^ 107 108 9718 107 lie's Sale 109 1.^ 107V 10838 108i« 107 108i« 98 Mai'05 II012 95 98 IO4I3IIO 103 105 •« 1^4 32 94 94 9638 98 124 1951 A-O 81 114 91I2 117 100 14 11434 Apr '05 95 101 Feb'05 Nov'04 991^4 la 11334 llS'e 95 95 I N K J J unc RR See New & Cin Bdge See PeuuCo N OcfeN E prior lien g 6sjj19151 A-0 See L N Y Bkln & Man Bch3ii2S.1997 J-J N Y Cent & H Riv g 1997 J-J Registered 1934 M-N Deben g 48 Lake Shore coUg 3i28...199b F-A 199s FA Registered Mich Cent g 3iv!S....199» 1998 Registered Creek ist gug 48. 1936 Beech 1936 Registered 1936 2d gu gold 08 Beech Cr Ext Ist 3 SiS !(1951 ..1981 Cart & Ad Ist gu g 4s. Clearf Bit Coal Istsf 48.1940 Gouv&08welstgug5s 1942 coll -j FA FA J-J J-J J-J & Mont Ist gu g 58.1916 '.25I2 115 122 115 121 1 17 14 113 116 1207a 116-8. 115 14. . 1926 J-D J-J J-J J-J M J-J J-D 105 107 107 '-2 Feb'05 1041a 106=8 1041a 105 101 Mar'04 I07ia]07'a 104 106 Apr '03 1251a. 13134 104 Sale 1031a 104 103 la Jan '05 25 103 106% 103ial03ia IO918 1311a I3214 12978 102 14 Sale lim Feb'05 lll\illl'4 133121331a 1321a 13234 95 Sale I0914 33 ^ Jan '06 132 la May'05 132 12 Dec '04 102 IO214 1 12 100 103 Sale 105 77i4Salit '99i^ioi" Wash Cent 1st g4s 1948 Nor Pac Ter Co l.st g 6s. .1933 Nor Ry Cal See So Pac Nor Wis See C St P M & O Nor & Mont See N Y Cent See C C C & St I OInd & 101 921a 116=8 W RR hio River 1st g 58.1936 General gold 5s 1937 Ore & Cal See So Pac Co Ore & Nav See Un Pao Ore Short Line See Un Pao Oswego Rome See St P See C ) C F Oz'rk Cher C 1st gu 5s g.l913 1940 IJac Coast Co 1st g 53 ac of Missouri See Mo Pac g4i2S.. fund Panama Ist s 1917 10512 10434 10014 44 10434 10684 20 103121051* 773s 26 751a 78 106 1043.1 77 74 12 May 1)5 100 Mar'05 112 108 «8 100 .1434 37 )4i2 9779 96 95 109 10913 109 la Feb '05 101 14 101 14 "i 100 103 74^2 100 125i2Apr'06 132 J'ly '99 12534 II8I4 11379 St Paul & Dul Ist 58.. ..1931 2d 5s 1917 Ist consol gold 4s 1968 10439 '-2 101 14 Sale Begistered certilic's..l923 1141a. Ill . 14 J'ly 76»4 101 12512 126'^ '0.^ 108 Apr'06 100 14 Apr'Oo 921a Apr'05 10734 109 9978 101 921a 921a 11638 J'ne'05 115 llS'iFcb'Oo II8I4IISU llliaJ'ue'Oo Illi4ll3"4 1161a RR & & NYC W & &N 9934 100=8 100 111^8.... 112 10334 ggi^ioou J'ne'05 J'ne'05 112 11513 1921 Guar 3 las coll trust reg.1937 Guar3i2Scoll tr ser B...1941 Tr Co certLf's gu g 3128.1916 C St L <fc P 1st con g 58.1932 Registered 1932 II7I4U7I4 J'ly '04 83I4 991*10012 1 00 14 102=8 9-2 138 9934 93 Sale 9134 903g goia 27 89 911-2 9118 90 14 1 8914 911* 90 14 SyiaMay'Oo 90 89 8912 1 07 12 Feb'05 1061a 107 12 102 Mar'04 WH 90 90 110 92 Series Series Series Series Pitts Ft 2d7s . 96 103 105 106 1942 1942 1945 1949 Apr '02 107 "a J'ly '00 105 Oct '02 106 Mar'05 103 96 102 94 9834 11734 120 Jan '04 Nov'OO Apr '04 113 II418 112 Si 11334 II212II3 103 103 J'ne'O 11234 J'ne'05 1121-2 J'ne'oO 103 J'ue'05 93 93 May" 05 127=8 Oct '02 121 Mar'04 118 119 107 Sale 103=8 9378 Apr'04 Feb "05 Ulia Sep lo3 94 97 113 1912 /il912 RR 1st real est g4s.l923 D R R R & Bge 1st gu 48 g.'36 Gr R & I ex Ist gu g 4i2S 1941 107 . 93=8. Consol BterUug g 68 1 905 Con currency 6sreg...j^l90o Consol gold 5s 1919 Consol gold 4s 1943 Convertible g 312S 1912 Alleg Val gen gu g 48. ..1942 CI & Mar Ist gu g 412S..1935 . . 9734 9S34 g W & C 1st 78. ..1912 3d 7s Penn . . B guar D 4s guar E 3ia guar C guar 97 IIOI2IIII4 106 106 108i4A\ig'03 106 14. 112 la. 1121a. lllia. 103 '8. PCC&StLgTi4iasA...1940 lOO^a "a. 1161a. 11519. N&C Bdge gen gugiias 1945 99''8 97 II918. CI & Pgengug4i2S8erA.'42 Series B 1942 Scries C 312S 194S Series D312S 1950 3 Eriecfe Pitts gug I28B. 1940 Series C 1940 105isl05ie 7934 * 10212I04 103 Apr'05 102 Apr'02 lio^a J'ne05 106 7) an '05 102 Nov'98 94 J'ne'05 97 May'05 120 120 , Registered II4I4II7 119 121 Apr'Oo Mar'05 100 12 100^8 10034 100^8 100 Apr'05 lOO^g 101 26 lOO's 101 106 107 '04 106 Aug'03 I0II3 103 244 10114 107 102 Nov'97 110 102 110 IIII4 llli4J'ne'C5 9714 110 98iaMay'05 92 Dec '04 109 Oct '99 1091a May'05 10413 10,514 J'ly'03 llli«113 113 10434 105 Lj no I4 Mar'05 J'ly 103 '04 Jan '05 110 110 ili"iliia on Neict Page Telegraph and Telephone 1071a. .104 95 711a Sale 70 Sale 1071a Oct '04 105 J'ne'06 102 85 May'05 85 84 871a Apr'05 71 72 66 68 6918 701a 281 661a 107=8 Dec '04 102 la J'ly '04 Am 1051-2 90 89 <2 76 14 721a & Tel coll tr 43 1929 J-J Ist g 48. .2397 Erie T & T col tr g s f 58. .1926 ti MetT&Tlstsf g58 1918 M-N NY 99 "a Sale 110 •'9 110 112=8 11312 112 102 94 1043(, Sale 871a *J{o price Friday; latest bid and aakdd ttus week, 10612 107 9313100 991a J'ne'05 109 lain 11034 112 May'Oo Dec '03 May'05 89 a <fe N J Tel gen g 103 36 Dae Jan 86 6 105 931a Due Feb 58. .1920 M-N West Union col tr cur 58.1938 J-J Fd and real est g 4138. ..1950 M-N Mnt Un Tel s fund 68. ..1911 M-N NorthwTelguf May'97 1021a Oct '03 107 May'05 105 Oct '00 104 Telep * Comra Cable Co 107 1 Co gu g 6s.l910 FA '105 89 Iron Coal& Co Ist g 58.1949 M-S DeBarC& T A-0 1191a U7iall9^ . 9934 J'ne'04 100 J'ne'05 WW llS'alie Gr Kiv Coal & C Ist g 68. .1919 A-O & Clear C & 1 1st g 5s. 1926 J-D Ist s f g58.1951 Pleas Val Coal Ist g 8158. 1928 1951 Xeun Coal gen 58 al917 Tenn Div 1st g 6s Birm Div Ist consol 68.. 19 17 Cah C Co 1st gu g 68.1922 Riv gug4s. 1922 W 120Tg 123 J'ne'05 J'ne'05 10618 105 ig May'05 " J'ne'05 81 iv 8O34 Jetl 2d gold 58 118 11734 11734 11334 Jan '02 107 g5s 1941 Norf <fe West gen g 68 1931 Improvem't & ext g 68.. 1934 New River Ist g 6s 1932 N <fe Ry Ist con g 48.1996 Registered 1996 Div'l Istlcfe gen g4s... 1944 PocahC<fe C Joint 4s. .1941 CC<feTl8tgug6s 1922 Scio V<feNElstgug48 1989 North lUinois See Chi & N North Ohio See L Erie <& Nor Pao— Prior lien g 48. .1997 Registered 1997 General lien gold 38 a2047 Registered a2047 St Paul-Dul Div g 48 1996 Begistered 1996 C B & Q coU tr 48 See Gt Nor Bt P<fe N P gen g 6s 1923 MISCELJ.ANEOUS BONDS— Continued Kan & H C & C 1051810518 1191a Mar'05 1151a. 11734. Norcfc South Ist A-O Coal and Iron Col Fuel Co gen gold 68. 1919 M-N Col F & I Co gen s t g 63 1943 F-A Convertible deb g 58.. 1911 FA Trust Co ctfs Col Induslst couvSs gu A.1934 FA 1st conv 58 gu Series B.1934 FA Coutin'talOlstsl guo8g.l952 FA 106i8Mar'05 <fe J-D Moh & Mai Ist gu g 48. .1991 M-S FA N J June R gu Ist 4s. ..1986 A-O N Y&Pul8tcongug4s 1993 96i4May'04 74 101 >a. Sink fund subsidy g 6s. .1910 1st g4i2S.1921 A-0 89^4 J-D 10034 J-J 124 120 9714. Penn Co— Guar lieu 4i<28.1926 J-J NewH&D SeeNYNH&U N Y Cent 124 119 - M W 124 . RW&OTRl8tgug5s.l918 Utlca<fe Blk 124 lOeiaNov'OO N Y Chic & St L 1st g 4s. 1937 Registered 1937 N Y & Greenw Lake See Erie N Y & Har See N Y C & Hud N Y Lack W See D L & W N Y L E W See Erie NY&LongBr See Cent of N J SeeNYNH&H NY&NE New York New Hav & Hart Housatonio R con g 58.. 1937 N H Derby con g 5s. .1918 N Y & North See N Y C & H N Y0& W ref Istg 48.. (71992 Regis $5,000 only gVdQI N Y Put See N y C & H N Y & R B See Long Island N Y S & W See Erie N Y Tex & M See So Pao Co < N McM M W Nor 9612 93 14 9,-) 122 126 961a 99 126 126 961a May'05 , 93^4 I'i534l29 <fc 1st extension gold 68../ilU27 q-j 1938 M-S General gold 4s Moutgom Div 1st g 5s. .1947 F-A St 1/ <& Cairo coll g 4s..el930 Q-F 1931 J-J Guaranteed g4s O coll 4s See Southern Moha wk & Mai See Y C cfc H Monongahela Riv See B & O & Mont Cent See St P Morgan's La <fe T See S P Co Essex See Dei L & Morris St L 1st 7s. 1913 J-J ^! ash Chat gold 192 A-O 5s Ist consol 1st g 6s. .1923 J-J Branch Jasper & Al 1st 6s. .1917 J-J 1917 J-J Branch 1st 6s Kasli Flor <fe Shef See L & 1st consor4s g 3128 J'ne'05 IO6I4 J'ne'04 108 N Y & Harlem g 3ias...2000 Registered 2000 N Y North 1st g 58. ..1927 B W& O con IstextSs. A1922 Oswe A B 2dgu g58...el915 11638119 <fc Natof Mexpnor 1931 1931 1940 1940 1951 1952 Bat C<feStnrl8tgug3s.l989 II6I2 11834 10934 Oct 'O;; 95 ig 9534 26 9434 96 ig 122 951a Sale 95i8Sale 102 9514 114 10834 10334 107 1221a lOO^a 11038 IO5I8 10538 11834 J'ne'05 II6S2 II634 10434 <fe 9438 111 104 '^8 106 107 12 104 12 12 122^8 J'ue'05 107 10738 98 110 98 91 87 106'8 1071-.: Feb'05 105 106 J'ue'05 104 '2104^4 lOliaJ'ne'OS llb''4 A-0 A-0 84->4 8712 10334 108 114 J'ne'05 1061a loe^g 107 14 10734 IO6I3IO7 102»4 100ial04i4 105i4Dec'04 95 Apr'05 9534 li)7'4 99 Nov'Ol lOOia 10534 96 10 98 11734 95 98^5 971a 98I4 1-4 10234 "2 103 F-A M-N A-0 M-S M-N M-N M-S M-S 98 10234 102 , 113'4ll3l4 9Ki4J'ne'05 Uli2Mar'04 Mob Blrm prior lien g 5s 1945 J-J lUHz 9418 9314 Apr'Oo 1945 J-J Mortgage gold 4s Mob J & K C 1st cons a 5s.l95;H J-J 9.1^1 Sale 97 Sj 99 J-D 127 12534 J'ne'05 Mob Ohio new- gold 6s. .1927 T&e Feb'05 & IO8I4IIO <fe 108"4J'ne'05 1 & Apr '04 124 119 L § 1st 1st g3i28 1 High <fe 120i4Apr'05 11 3 14 Mar'05 & ref gold 4s. .1929 J-J ElV&G Div St g 4s.. 1933 M-N 1 W 1st g 58.1926 M-S Yerdi V M 109=8 Ist consor68.1909 48 Registered i 1£ r.nw <fe .... Unttied & 108 121 1934 B V l8tg68 1918 68 2612 A-0 J-D M-N M-S MS M K&TofTlstgug58.1942 gu 5s. 1943 J-D M& May '05 Jan '03 Mich Cent 1^\ 79 A-0 .M-N & Wa FA A-O gu 5s... 1942 K & E 1st Mo g M K & Ok Ist gu 5^. ...1942 M-N Sher Sh <fe So 1st g Textfe OklalstgugSs... 11)43 1906 Missouri Pacittc 3d78 192U Ist consol gold 6s Trust gold 5s stamped. al917 Registered al917 1920 IstcoU gold58 Cent Br Ry 1st gu g 4s. 1919 Leroy<feCVALlstg58 1926 Pac R of Mo 1st ex g 4s. 1938 2d extended gold 58.. .1938 Bt I, Ir M<fe Sgeu con g 5sl931 Gen con stain i)gtdg 5s 1931 124 139 <fe NW NW M &M 12238 141 1411a 117 <fe McKeesifc 104 107 104 104 IO6I8IO8I2 1041a Mexinternatlstoon g 48.1977 MS 1977 MS Stamped guaranteed Mex North Ist gold 68. ...1910 J-D Mich Cent -See N Y Cent NJ 1244 J lOiiuSale UW\ 107 No 107 1091a 9914IO2 99% Sale 991a 9934 9^ la 99 12 »9i2J'ne'0t 9912IOII4 101 14 174 100 103>4 lOlHSale 101 105 102 103 ifl 102 May"05 C'l BR 1st 58. .1934 McK Y Ist gu 68.1932 2dguar68 9914 Jiigfi KaA&GRl8tguc5s.l938 Registered 9914 Ask Low Mahon Pitts NY Cent See See Man Ry Mex Cent consol gold 48. .1911 Ist consol income g 38.01939 2d consol income g 3s. .al939 1919 Equip <fe coll gold 58 Coll tr g 4i<28 1st Ser....l907 of 110 97 14 96 113 II5I4 112iall3 115i4ll6'2 110 Mar'03 99I4 99 14 Metropolitan El Mid 9812 10134 no Feb '05 110 Since January Last Sale 6 Debenture g 4s 1928 Det Mon <fe Tol Ist 78.1906 J'ne'02 10834 1990 A-0 Bogistered Metropol El Ist g 68.. ..1908 J-J Coloniz g 5s. ...1934 J-D Man S W McK'pt&BV Apr'Oo 121 12 May'05 Week's Hamje or 109 la 110 1091a IU6I2IO7I2 107 Ist 48 gu... 2361 Registered 2361 Lake Shore gold 3ias....l997 Registered 1997 Range Price fYidav June 23 Bid West Shore 126'a Feb'05 101 .... .Hi(jh I26I2 12612 J-J 105 1 109 109 1 30 Sj 132 132 M-S LKA&Ch SeeCl&l. LS&MS Mahon Coal See anhattan Ry consol 48.1990 Mar'05 75 113 102 January High No Low Ask Low 109 132 A-0 BdgeCogug48..1945 M-S Life Jell a;5 STOCK EXCHANGE Week Ending June 23 N Y Cent & H Vi^-C Continued) N. y. Since or Last Sale 1091* 132 Sale 12634 129 Ist gold 68. ...1930 J-J 1930 J -J 2cl gold 6s PensacolaDiv pold68...1920 1921 St 1j Div Ist gold 6s 1980 2d gold 38 Hender Edge Ist 8 f g 68.1931 Kentucky Cent gold 4s. .1987 & M 1st g 4 ii28 1945 Ltfe N & joint 48.1952 Lcfc N-Sontb Fla& S 1st gug 58.. .1937 Pens & Atl Ist gu g 68. .1921 S & N Ala con gu g 5s. .1936 1910 Sink fund gold 6s June 33 Bid (Continued Nasliv <fc &M &M Kange HOND.S Kange Week's J*rice FriiLav •2609 3 4128 g.. 1934 J-J 105 la Sale 106 14 10278 97 OS^a 109 la 109 113 1 Hi llOisllS 30 10413 10739 IIOI4IIOI4 Hanufactiirins &, Industrial Am Cot Oil ext 4128 1915 Q-F Am Hidecfc L 1st 8fg68.. 1919 M-S Am Spirits Mfg let g68.. 1915 .14-3 Am Thread Ifet col tr 48. ..1919 J-J Am Tobacco 40-yrg 68 1944 A-O 96 89 115 48 1951 F-A Consol Tobacco SO-yr g 18.1961 F-A 81 < Dae .'day ^DaeJ'ne A Dae J'ly 09 9334 May'05 9736 «ale 97 14 96 May 05 90 Sale 75% Sale -Sale p Dae Nov 891, 11413 7434 80 « 97 -a 17 9334 101 9634 lOOi* 94 97 8713 801a 891a II5I4 107 110l4ll8'4 7514 186 71 77»» 81 60 Option sale. — J —Concluded—Page Bond Record 2610 BUND8 Friday Range or Since stock exchange June as Last Sale Cqor January 1 Week e:nding June 23 Sid At/c Low High No Low High Peiiii RR (Continued) 10634 May'06 10634 108'4 Pliila Bal A W Ist g 4a.. 1943 M-N *108 Saii<& l<ewi8 Ist g 48... 1936 J-J 101 ll3i«. 110>aSep'04 UN J BR Can gen 48.1944 M-S Pensacola & Atl See L & Nash St L C & See C C East Peo 123 >« Jan 'Go I2318I23I8 Pek Un let g 6a.. ..1921 Q-F 122 ... peo n. y. . , <fc N. T. 2d gold 4><j8 CU.fi. PereMarq— riint&PMg6s WM 100 105 bl921 M-N 68 1921 J-D 1920 A-O Guaranteed gold 5s 1938 Ore <fe Cal 1st guar g 5s. 19'." 8 A <fe A Pass let gu g 48. 1943 So P of Ar gu l8t g 68. .cl909 Ist guar g 68 cl91o S P of Callst g 68 ser B.1905 1st g 6s series C & D...1900 W PhU B & See Penn 193lt 5s. 193!l 114„..., RR Phila & Reading cons 78.1911 J.D Pine Creek reg guar 68... 1932 J-D Pitts Cin & 8t L See Penn Co & II312. 129 & ll9Vji23 112 114Hi 114 lie's & & 1997 1997 Registered. Jersey Cent coll g 48.. .1951 Rensselaer & Sar See D & H Rich & Dan See SouUi Ry Rich & Meek See Soutliern Rio Gr West See Den & Rio Gi Rio Gr Juno 1st gn g 58.. .19311 1940 Bio gr So 1st gold 48 1940 Guaranteed & Pitts See B R P Rome Wat &Og ieeNYCeui J-J J.J A O 121 10979. 120 Oct '01 112 12 Dec '01; 119 118>al22 120 Mar'05 98 J'ly'97 11334 116 May'05 103»8Sale 10338 101 100 101 Sale ice's J-D 75 92 J-J J-J E& Ist g 6s series F...1912 1st gold 68 191'^ 1st con guar g 5s 193 Stamped 1905-.. 1937 Nov'97 137 . & Reading Co gen g 48 Boch Apr'Oe SPacofNMexlstg6s..l911 Tex & N O 1st 78 1905 & W& & . 119>4 Apr'04 . O Tol See B Pitts Cleve Cli See Penn Co Pitts Ft 1922 J-J Pitts Jnnc 1st gold 6s L Erie 2d g 68...ol92h A-O Pitts Y SeeN YCeu Pitts McKees L K Ist g 58.. .1940 A-O Pitts Sh 1943 J.J gold 58 1st consol West See B O Pitts Ash Ist cou 68.1927 M-N Pitts Y & J'ly'04 121 Va 121>-i 11234 J'ne'05 114 J'ne'05 I21\i.... IVZhi.... M-N Pt Huron Divlatg A-0 SagTnSifi; H Ist gug 49.1931 F-A Ist consol KoldSs 103 "i 101 ..., 109 104 Jan Sabine Div lstg68 Con gold 5s Southern— Ist con g 58 117 <2 120 116 116 190 00^6 104 100 "3 100 98 Hi 101 77 10334 May'04 101>4Nov'01 J-J J.J 9534 J.J J-J 93 Virginia Mid ser Scries D 4-58 Series E 5s General 58 96 W M 103 103 . . ISO's. llS'^s. 9934 102 90''g Sale M KCFtS<feMRyrefg48l936 KC&MR&Blstgu OS. 192ii 122 8938 Sale W 98 Hj Sale 983, 124 9838 eS'gJIie'Oo 80»8 81 il3 aeVi 81 M Sale 961a 101 i<i 84 87 Hi 80 Hj 841, 109 H. 108 4 May'06 lOSSgUi 1351-^. 139 140 136 113'6 J'ne'05 t 111 100^4 A-O A-O A-O M-N M-N J-J FA J-J J-J J-J J-J J-J J-J 103 llOHi May'06 110iall2:*6 10314 J'ne'05 SlO 103 105 . May'Ol 10434 .Mar05 106 10336. 13738. 119^4 . 117 5». 10434 10434 124 135 May'05 Jau '06 13434 Dec '04 123 135 11818 Feb'OO 117 Jan '04 11818 1181b 124 135 108 Hj. J-J 110 Jau W <fe J-J AO J-J J-J MN M-S J-J J-J J-J AO M-N M-N M-S M-S M-S M-N M-N N 1O8 May'05 AO Roa Ist 58 ly'2o <fc So See M K & T Sp Oca & G See Atl Coast L Sod Ba7 & So 1st g 68 1924 J-J So Car & Ga See Southern 8o Pao Co— RR l8t ret 48.1955 CoU tr g 4'<»s lyit;j Gold 48 (Cent Pac coll). /(;194i) S9 87 »8 103 J'ne'Oo 95 Mar'Oi 109 Feb '05 108 26 8434 92 10434 98»ft 109 la 109 "a 1091a 114 110 May'05 Jun'O AO 110 '03 9739 Sale 93 Hi Sale 1941 Cent Pac Ist ref gu g 48 194'.! Registered 194; Mort guar gold3»<2S../cl92lj Gal Har & S A Ist g 68.. 1910 2d gold 78 1905 Mex & Pacl8tg5s....l931 10i>a Sale 112 l8t guar 58 red 112 101 '8 99 14 Mar'O; 88 88 loyis Mar'05 103 Sep '(t4 Feb'05 115 107 'e J'ne'05 10334 • Hi 101 "a Sale 111 107 1933 H & TClBtg58intgu..l937 93 109\ 88 VGc&Nl8tgug58.1924 Hous E & W T 1st g 58.1933 May'05 9234 94 May'Oo 109 'a Feb '05 108^4 Gila 9734 208 97 102 ... 107^4 Feb 'Oo 103 H23i J'ly'04 J'ne'Oo "g 100 'e >a Feb '02 IIOI4 ... 113 9934 IOOI4 99 127 "a 96 14 98 la 101 102 63 92 14 9714 91 94 108^8 HI'S. 59 10038 104 V-i 871a 90 lOS'b 110'b 113 Hi 115 107 H* 110 105 'a 107 '4 ilO»8 ii'234 Dec '04 '95 Hi ibo'"^ Since Ill's IIIH2 ' H2 111 121 98 Hi IO8I4 10bi4 109 Hi 103 113 112H2 1131. IU8H2 1211^ 120 Hi 110 Sale 97^4 Feb 05 11834 100 ^4 Sale 118 96 , & Nor Ist 78 . l'.iO II314 . 1 l'^4 . 126 H. . 117 112 . Debenture series B A 1939 J-J 1939 J-J 1st lien equip s fd g 5s. .1921 M-S 1st lien 50 yr g term 48.1954 J J Det<feCh Ext Ist g OS. .1941 J-J Des Moin Div 1st g 48. .1939 J-J Div 1st g 3H2S 1941 A-O T0I& ChDiv Ist g 4s... 1941 A-O Bridge 1st 68.1908 Chas St g Wab Pitts Term Ist g 48.1954 J-D Om MS 1954 & J D West See Del Lac Wasli Cent See Nor Pac See Southern Wasli O West Maryland Ist g 4s. ..1952 A-O West N Y <fc Pa 1st g 5s.. 1937 J-J 1943 A-O Gen gold 3-4s etl943 Nov Income 5s West No Car See Soutli Ry Warren & W W VaCent& P Istj; 6s. .1911 J-J 116Hill6H> 114 116 119 H2 122 Hi 114 116 I23I4I25 123 14 127 11534 118 112 112''8 96 Hj 98 108 111 14 Jau'05 Feb'05 98 lOSisMayOO 123 Feb '02 lllHj 110 110 Dec'04 114 114 Jan '05 II4H2II514 UlHiJ'ue'OS 114 114 II4H2II7 114'all4H» 97 9734 il4H) 114H3 9734 May'05 lie's Mar'05 90 Hj. llbis. Ill Nov'04 llli8Apr'05 lll'ell2Hi 121 94 I'joi* 963, H13„11138 106 H2 Nov'04 115 14 J'ne'05 111 May'04 II4HJII514. Apr '05 112 96 96H3 Hi 13 94 Hi J'ne'05 91'8 May'Oo 83 14 ^4 97 97 95 14 Jau '05 95 '4 106Hi 107 '4 113 1 04'-4 106 106 6 103 I26I4 443 112^8 123 i-i 13734 io'i'ii :;:::: 12534 119 Hi Sale 9 6 "4 Sale 102 14 125 '^8 110 Hi 96 4 119 la 96 14 104 104'% 115 109 110 14 1043, 127 •» 3 124 5 117H2 120 32 109 72 103 92 107Hj110 n9\t 109 14 Feb'05 11 2 Hi. 6 116 72 107 90 741., ii<2 06 Hj J'ne'Oj 102 Apr'05 92 35 8834 .... 11834 liJO 9634 119igJ'ne'()5 118 112Hj. 90 '4 95 Hj 97 Mar'Ol 112 May'Oo H. 9634 '•. lU 11434 Mar'05 «fc 457,. 8734 8'.» 40 114Hi.May05 114 Sale 114 114 94 94 V 93^8 1949 M-S 94 V IIR 1st consol 48 102 Jan '05 20-year equip s f os ...1922 J.J '102Hj .. WUkes <fe East Sec Erie &M Wil & Sioux F iSee St P 95 -4 Sale 953. 94^8 WisCeutoO.yr Ist gen 48.1949 J-J i 1 98 1» 95 '-2 97 8434 86 90^8 Sale 39 sale 27 90 103 92 10934 112 V09H2Mar'0:; 90'» 90'4 3734 39 89 < 11734 May'05 Nov'OJ Apr'05 May'05 112 97 88 97 .. 951b 98 1« 11 10418 104'^. Mar'Oo 117% 93V 90 73 Hi Sale 10^ ... . 94 111 92 Hi 85 88 IO6I4 138H» , 125^4 112 Dec '03 114HaApr'02 117^4 biale 95I4 108 Hj- Apr '05 "6 U63s 13734. 102 14 102 104 11038. lOJ llOHj 112 95 Hj 98 H» 91 95 8578 91^8. 83 9814 97 UOSg 113 no^s J'ne'05 106 12334 9334 102 Apr '05 11138 90Hj 96Hj 94 Hi 9434 91Hi 84 Sale 97 12v;Hj 9834 101 19 £1H» J'ue'05 97 109 ': II6I4II6I9. 12238 )22HjJ'ue'05 10138 10314 101 Way'Oo 111 1 1218 J'ly'04 I2IH2 . J'ly'OO 117 100 . L E Ist g 5s...l9'J6 A-O Wheel Div 1st gold 5s. .1928 J-J Exten&Imp gold 5s. ..1930 F-A Wheel's 98 100 14 117H!ll8 9618 98 Hi J'ne05 Mar'05 112='6 93Hz FA FA 4 96 Hj 99 118 1183i 98'-.: 116'8J'ue'05 . 110 112 il"2 Feb'U-l VZi J'ne'05 12634 J ne'05 Gold 6s Uni N J K%i <fe C Co See Pa RR Utah Central See Rio Gr Wes Utah<fc North iS'ee Un Pacilic Utica & Black R See N Y Cent Vanilalia consol g 4s 1955 F-A Registeretl 1955 Val Ind & See Mo P Ver irginia Mid See South Rv Va & Southw't Ist gu 5s. 2003 J.J 1939 Wl-N Wabash Ist gold 5s 1939 2d .gold 58 112 loo '4 100 14 118118 98H2Mar'05 90 Hi Dec '04 120 l'.i6'4Sale J-D 109 Hi ' lOo Hi 1 08 Hj 117 Hj 121 '4 l'Jli4 16 H. May'05 116 May'Oo M-N 1911 M-N 1929 J-D 190b J.J 1926 J-J 108% log's 108 Oct '04 Feb'05 Mar'05 1 A-O J-D F-A J-J , . J-J J-J Registered 10938 103 114Hill5 U834 J'ne'O 116H>. IIO^B. 130 104H» 91 Hj 108 '4 114H2l)ec'04 119 Feb '114 113 108 14 102 101 88 106 109 la 102 14 90 9U lOSiiApr'O 109''8 Jau '05 103 103 104H2 Dec'04 115 Wai-'Uu 103 107 Is bale Ore Ry & Nav con g 48. 1946 Ore Short Line 1st g 6s.. 1922 1st consol g 58 1946 1929 Guar refund 48 2d gold 48 /<:194!' Consol g68 intguar...l9rj Gen gold 48 Int guar.. 1921 Waco<feNW div Ist g 6k '3o Jan 102 &W & Series 109 fill 102 "a, JJ gold 48.. ..1917 Tol St L pr lieu g 3 Hjs. 1925 J-J 60-year gold 48 1950 Tor Ham Bull Ist g 48. /il946 J-D W 108 102 95 109 UH4May'03 111'4.... -Her Shr M T0IP& Wist Utah 109'-2 Jlur'05 112 110 1935 J. Western Div Ist g 58... 1935 A O General gold 58 1935 J-D Kan& 1st gug 4s.... 1990 A-O Registered '04 Ranga '01 lOiiaJ'ne'iio JJ 11334 lld^sApr'Ol no»a, tsabcfe W let gug 08 AO 1952 g 4s UnPacRR& 1 gr g 4S...1947 Registered 1947 let lien convert 4s 1911 <fc A&N C 68...1916 Ist refund 11334 J'ne'05 . 89 Sale Seaboard Air Llue g 4s.. .1960 Coll tr letund g 58 1031^4 1911 M-N Car Cent ist cou g 48. ..194'. J-J -98 .... 110 .... FlaCend! Pen Ist g 58.191b l8t land gr ext g 58...1930 105 Hi.... Consol gold 5s 194;i 'llOHi..., Qa & Ala Ry Ist con 58ol94o 11218..., 110 ..., Ga Car & No Ist gu g Ss 192H Registered JJ UUter&DellstcongSs 1928 J-D May'02 a-§-| or Jau 113 Sale J-J *10S»4 J-J * 10934 139 M A P -See So Pac Co N P Ist sink g 58.191!' Sav F & West See Atl Coast L Scioto Val N K See Nor & W Range T0I& OClstg68 8t Liouis So See Illinois Cent Ist g 48 bd ctfs.1989 8t L 8 2d g 4s inc bond ctf8...pl98i) Consol gold 4s 1932 Gray's PtTer 1st gug 5s 1947 8t Paul <fc Dul See Nor Pacific <& Man 2d 6a.. .1909 8t Paul 1933 Ist coDsol gold 68 Registered 1033 Reduced to gold 4'28.. 1933 Registered. 1933 Dakota eit gold 6s 1910 Mont ext Ist gold 4s 1937 Registered 1937 E Minn Ist diT 1st g 5s. .190b Div gold Nor Ist 4s.. ..194b llinn Union Ist g 6s.. ..1922 Monte Istgu g6a 1937 Bexiatered 1937 iBtguar gold 08 1937 WiU<fe S F Ist gold 5s.. 193b St P <fc Nor Pao See Nor Pac 8t P & S'l City See C St P <&0 Salt Lake C Ist g a t 68.. .1913 J-J .1941' 8 Fe Pres & Ph Ist g 58.. .Vl-S 8A& 8 F dc Hi 104 90 Ala See L <fe N Spok FaUs & Nor let g 68.1939 J.J Stat Isl Ry 1st gu g 4H28..1943 J -I) 103 J'ne'05 102 10434 Syra Biug & N Y 6'ee D L & W 104 's Feb '05 104 104-V "per A of St L Ist g 4HJ8..1939 A-O 131 May'05 1 1st con gold 5s 1894-1944 FA 129 >a 132 11358 10 Gen refund s I g48 1953 J-J 113»B 112>all6 1 00 14 May '05 9934 100 14 St L M Bge Ter gu g 58. 1930 A-O 101 May'05 Tex cSi N O See So Pac Co 101 102 91 '2000 J-D go's S»\, 92 14 Tex* Pac Ist gold 5s 96 Dec '04 2d gold Inc 68 ^2000 Mai 124VjJ'ne'05 Div B L La 1st 5s 1931 J. J g 1241a 126>4 8934 158 88 14 92 89 WMlnW<feNWl8tgu58'30 FA S M 11434 J-J 1921 1926 1936 Guar stamped 1936 O <fe Isl cy gu 48.. 1924 FA West N C Ist con g 68. .1914 J-J .128 A-O P St L Iron Mount See 8t L K C & N See Wabash Br See T RR A of St L 8t L St L <fc S Fran 2d g 68 CI B 1906 1900 2d gold 6s Class C General gold 68 1931 General gold 5s 1931 St L <fc S F RR cons g 4s. .'90 Southw DiT Ist g 58. .1947 Refunding g 4s 1951 5-year gold notes 4 "a.. 190* K C FtS& cong68..192.s ifi: May'06 96 Week's fYiday A-O M-S 1916 Col <fe Greenv Ist 68 ET Va<fe Ga Div g 5s.. 1930 Con Ist gold 5s 1956 E Ten reor lien g 58 1938 1922 Ga Pac Ry Ist g 6s Knox & Ohio Ist g Os... 1925 Rich iSi Dan con g 6s 1915 Deb 5s stamped 1927 Rich & Meek 1st g 4s.. .194b So Car & Ga 1st g 58.. ..1919 <fe 1941 Rutland Ist con g i^a Rut-Canadl8tgug4s...l94l' 'Pus & a See Pere Marq Sag ^tJo&QT Isl Ist g 48.. .1947 8tl.aw<& Adiron Ist g 58.1990 1990 2d gold 68 8t L <fe Cairo See Mob & Ohio 1. Ohio coll tr g 4s..l93f< Mem Div Ist g 4Hj-5s... 1996 St Louis div 1st g 4s 1951 Ala Cen R Ist g 6s 1918 Atl & Danvlstg4s 194s 2d 48 1948 Atl& Yadlstgguar4s.l949 109 77 89 109 75 89 w M-S Registered 109 Mar'03 75'4Mai'05 89 Jan '0. =^ Price 1912 1943 1994 1994 Mob & 1 '05 101 LXU. ^ Last Sale ^Ui January ^j Week Ending June 23 5 a. June US Bid Ask Low Sontliem Pac Co—(Continued) High No Low Migli Morgan's La & T 1st 7s. 1918 A-O 12334 I29H2N0VO4 Ist gold 6s 122 Dec'04 1920 J-J 122 No of Cal 1st gu g 68 106 Sep '04 1907 J-J 103 14 <fe <fc [YOL. BONDS STOCK EXCHANQ E Range lYlee 4 94 119 >»983* 112 II414 11434 114Hjll'i'a IM^s 113 92 951s 102 102 M 52 90 Hj 9534. lUISCGLI.ANEOUS BONUS—Concluded. Alaiiulnctiirinff <k IndiiHtrint IfliscellaneouM Con Tobacco registered 481951 F A Di.-ttilSecCorcouv Isl g 58. '27 A DiHlillofAniercoUtrgSs.lOll J J Int Paper Co Ist con g 6s. 1918 F A CouHol conv 8 f g 58 1935 J J lut St fump lo.yr conv. 6« '13 J J Knicker Ice(Chic) l8t g68.'2h A Lackaw Steel Ist g 68 1923 A N at Starch Mfg Co 1st g 68 1920 M N Nat Starch Co u I deb i58..1925 J J Btan Rope <fc T l8t g 68. ..1946 F A Income gold 58 1946 U 8 LeaUi Co 8t<lebg68..isn3 V M N S i;ealty& 1 convflebg58'24 J J S steel CorplO-OO yr5H.d'6;^ M N KeglMtered April 1963 M N Va.Car Chem col tr 58 g..l912 A U Adams Ex 85I4 Dec'04 79 Hj Sale 78 99 109 Hi 109 Hi Sale 94 's Sale 105 H> Sale 105 "a 80 70 50 80 312 77 Hj 82 Hj 8ep '03 109 Hi 5 108 110 94 9334 105 Hi 08 Hi 105 '8 85 64 Sale 85 Salt Sale 4 100 "8 110 102 '4 9438Sale 93 Tg Halo 99'g Hj 50 4 109 , 101 9234 93 '« 99^8 H< 74 93 95 66 10234 105 106 Hi Feb'05 98 105 14 "6 10434 85 9 85 70 6 59 62 4 42 Hj May'05 109 102 1'4 " Hi 3(1 94 ^V 1«81 94 1 May '05 Hi 98 108 93 70 59 14 8 108 Hi 1 !'.."« 93 1 03 H 981.^ 02 92 14 9734 99 38 101 Hi price ifritUy; Utebt biu anil aHkeU. a Due Jan 6 I>ue FeD « 1948 M-S .S'eeCeutNJ g48 Am SS Co of WVag58....1920 M.N B'kl'u FerryCol8icousg6s'48 FA ChicJc& St Yard col g5s. 1916 DetM <fcM Idgr lueonies.. 1911 Hoboken L <fe I gold 58... 19 10 Mad Sq Garden Ist g 58. .1919 Man Bch H & L geu g 4S..1940 Newp No Shipifc D D58(n990 N Y Dock 50-yr 1st g4s..l951 Val Wat Works 1st 68.1906 S Red<fc Ret Ist stg 68.1931 .Sp Uue Mar Uliue Apr /iJJuoJ'ly /c Uuo Auc o 48 A O 103'e 103 105 '4 10034 J'no'02 48 J'ne'05 10734 Nov'04 48 58 lOSf^ 104 67 J-J "76''-i M-N M-N M-N 74 Apr'OA 50 Feb'O'J 97 100 97 Mar'05 Yi'i'so' J.J FA MS Loan Soc4ias.l921 .St Jo.sepli Stk Yds l8t4 Hi.s.l930 J-J St L T»!r Cuiiples Stat'u * Prop t;o Ist g 4 His 5-20 year. .1917 J-D 8 Yuba Wal Co con g 6s.. 1923 J-J Provuli-nt IT •Wo col tr AmDk<&Imp58 96 Hi 97 H 94 98 Hi 97 100 ioi'^i'.'.'.'.'.'. 112 J'ly.'Ol 113HiJ'ly'00 MS 97 95 m>4 Due Oct p Due Not q Uue Deo Sale '-J .sa^e 97 H Option sulo 3'. s S4 .. . OHIOAaO STOCK EXOHANaE-Stock STOCKS—HIGHEST AND LOWEST SALE PRICES f'' Mondaii June 19 Saturday June 1? ': ; Record-Daily, Weekly and Yearly Thursday June 22 Wednesday June 21 Tuesday June 20 Friday June 23 STOCKS Sales CHICAGO STOCK of the Hange Range Year tor iyu5 lor I'revious Year (1904) Week EXCHANGE Lowest •ihares Highest Highest Lowest Rnilroads i'." '.'.'. '.'.'.'.'.'. '"i'ly't^l ' 21 21 70 70^4 70 66 701s "24'^"24>i 6712 66 66 62 62 1^ 63 • 61 95V! 20 '4 6934 7038 70 •9lVj 28 '2 '•28H2 1011* 101 V, 9714 97\ 4218 42'* •40 67 67 •931^ 7U38 * 43'-. Last Sale 25 2.-. 67V3 (;8 65 Last Sale 95 23 •63 95 61 •28 19 21 6934 68 • 63'9 6312 95V; 2.SV2 9714 97\ 4312 43I2 57; 19 V 2338 '4 65 95 Last Sale '2 98 '4 98 7g 45 45 97 V, 97 7g 441a 44'tj 69 Last Sale Last Sale 4234 "ii^l '25" "26" "2478 "25'" "5'8 "57; 7038 'U^ '23""23'i4 •22 '2 22V! >94>a '"b'-'Vi'-'l 20 "43" "43" •"43" 'i'sJA <:-: Last Sale 196 lS7Vi • Mar' 05 Chic City Ry Chic Consol Trac Chic Pass Ry ""jv; Chic 739 May'05 Chic Union Tract iO Apr '05 pref & 2,615 Apr 1 7 150 W V,, SiaJ'neie loig.ipr 8 53 iMar31 4(1 Ll ..100 J'Ile•0.^ SS'a Do pret 100 25 Vj 25 '4 .Metropol b Kiev. .100 Do pref 67 100 671a 65 J'ne'05 Xorth Chic Street 100 22 Vj 22 Northwestern Eler. 100 63 18 65 Do pref 100 95 95 South Side Elev 100 iS^i May'05 Streets WStable C L 100 *i'8 yg Do pret 100 *43 60 West Clue Street 100 s2 '.'.'.'.'.'. •129 K.::.: . -129 54 105 130 110 110 57 • *62 •10 "io"""!!!! 52 •34 34 -34 I'Hi *6Vj '155 45 136 Fi35 i35 Vj 100 100 .• ;139i4l39i4 139 160 "id" 110 •52 •155 69 53 54 106'. '1(15 V2 105 *'.'.'.'.'.'. 4H0 1,05 660 75 406 . 380 125 '-'io" 34 Ola I'JO 45 136 135 135 100 1-2 OSVjlOO 139 V^ 139 "a 140 135 100 160 135 134 136 140 140 May'04 AuierTito S Bank Apr '05 Booth (A) & Co Apr '0.5 Do pref Apr'u5 Cal Hio i4()V2 Chic Title Diamond Match 62 •.•'J''.2 Last Sale 7? "a Last Sale 17 Last Sale .9 last Sale 46 Last Sale i LasiSale 61 "o'l'^'eiii 116 116 62 >2 62 Vj 120 120 118 63 63 120 116'2ll7 65 65 120 62 "a 30 AprlS 30 Jan 9 82i2Jan 4 20 Jan ]« 59 la Jan 10 60 May31 >Ia>23 21 1 155 Mar 190 Aug Sep Sep Nov Nov Jan 6 6 24 Jan 3] 73ioJ'ue 5 23 13^8 Feb 3 51 Feb 2 4 Feb 15 Nov 27 la May 45 Nov 28 "a K'l 31 Dec 80 14 Nov 8.5 Nov 15 Mar 26 Sep 41 Slar 68 Oct 65 Mar 88 Sep 15 Jan 26'4 Nov 44 Aiir 67 4 Nov 90 Mar 98 'a Nov 2« Jan 34 Oct 82 Vj Apr 103 J'ne 38 Apt SOiaSep 734 44''aJ'ne V 8 lv^Mayl2 1 2.534 j'iie'«.'3 65 99 J 'lie '.."J Feb 2 JanlO Jan 5 Mar20 24ia S 27 60 Mar27 66 00 18 May 17 97 14 2S Feb 24 29i4Jan 4 97 Feb 3 103 14 .Mar21 40 J'nel2 72 Feb 3 65 14 117 120 65 ^;::::: :::::: Last Sale ^6^/14 77V2 ios'^io9" 78 78 79 iofiiiof'i 79 V2 80 93 93 79 Telephone 35 ^P "934" 9 J4 36 '2 33 34 33 •934 9^8 33 34 " Do pref Recpt.s.. Gas Pullman Co J'ne"'05 People's BONOS CHICAGO STOCK EXCH'GE Wekk Ending June 23 t Price Week's Friday June 83 Range or 80 94 106 934 35 103 cfc Chic Board of Trade 4s ...1927 Clue Consol Br & Mlt 68 1939 Chic (;on.sol Trac4ias 1913 Chic Edison debent 6s 7il926 Lstgold 5s Chic Auditorium 1st 5s. ..1929 1929 Chic Dock Co l.st 48 1905 Clue EiiiutGases Chic & Mil Elec Ry 5s ....1919 Chic Pneum Tool 1st 53 .al921 Cliic Rock I & Pac RR 4s. 2002 r Collat Trust g 58 1913 Commonwealth Elect 08. 61943 19 Tunnel 58 City Ry & Lt Co 5s. 1913 IKnickerb'cker Ice Ist 5s. 1928 1928 Lake Street El Ist 5s i' Income 5s 1925 iMetr Side El 1st 48.... 1938 ,.1938 Extension g 48 f1906 iJTorth Chic St Ist 58 1909 Ist 58 Kans W Befunding g 4-408BBB X'o 99Vj F-A 991a M-N M-N 100 "a E F 1st 68. Apr '04 62 66 '2 103i8l04>a 104 10434 80 68 106 "a IO8I4 9813 97 14 100»8 100 '8 97 98 "a 97 14 98 Vj 16 16 94 14 9612 86 901a J'ne'05 94 Vj 108 14 108 14 107 Mny'05 103 "a 103 '4 J'ne'Ou 100 V, 100 '4 114 Nov'04 81 J'ly '04 88 94 70 90 80 62 95 94 100 99 14 90 95 95 '4 96 "a 9314 88 J'ne'05 9934 J'uo'05 9934 J'ne'05 100 Apr'05 lOO^s lOO^f, 123 >4 I23I4 106 J'ue'06 103 9 51 •^14 Oct Feb Jan Dec Jan Jan 4612 060 95 Jan 120 98^8 Feb IIOI4N0V 9958Mayl8 11034 Apr » Feb 25 114 86 301 106 737 240 46 Jan 25 bOVjJan 4 Jan 6 Apr 7 Apr 10 Sep 97 99 'g Apr llOVjNov 3534 J'ne 47 la Jan 75 J'ne 87 Nov 7 374 240 110 99 9978 99 4 9934 9913 100 5 100 10034 I23I4 12334 105 12 10738 3 107 '4 108=8 IO6I3 107 V2 30 102'4 104 '8 10213 103 18 li 105 v^ 107 1 94 May'04 Feb '05 80 J'ne'05 79 Vj 90 90 Moy'05 100 Jan '04 Chicago bo nd Continental National. Cook Co Slate Savings Corn Exchange Nat.. Drexel Slate Drovers Dep National First National First Nat Enslewooii.. Foreman Bros B'k'g Co Fort Dearborn Nat Hamilton National Hibernian B'k'g Ass'n Home Savings Manufacturers Bank.. Milwaukee Ave State. Nat Bank of Republic. Xatioual Live Stock... North Side State Sav.. Oakland National Peoples Trust Ji Sav .. Prairie National Prairie State Pullman Loan & Sav.. Soutli Chicaso Savings State Bank of Cldcago. Slock Yards Savinga .. Union Bank Union Slock Yds Stale Amer Trust & Savgs . Central Trust Co of III Citizens' Tr <fe Sav Bk. (;olonial Trust <fe Sav.. Drovers Trust & Sav.. Equitable Trust Co Federal Trust & Sav.. First Trust <fc Savings Trust & Sav.. Jackson Trust & Sav.. Kenwood Tr<fe Savings Merchants' l>'nifeTr Co 100 M etropolitan Tr & Sav Northern Trust Co Bk 90 90=8 Royal Trust Co Union Trust Co 97 Western Trust* Sav. Illinois Nov'04 J'ne'05 Chicago City Chicago National Chicago Savings Commercial National.. 1 "a 934 23 Feb 2(1 J'nel9 Feb 15 price 8. Woodlawn Tr<fcSav Bk 2,000,000 100,000 200,000 1,000,000 A; 500,000 2,000,000 3,000,000 50,000 3,000,000 200,000 600,000 8,000,000 100,000 500,000 1,000,000 500,000 1,000.000 100,000 200,000 250,000 2,000,000 1,000,000 50,000 50,000 200,000 250,000 250,000 300,000 200,000 1,000,000 250,000 200,000 200,000 .'{!l,065,Ht3-w; 3,000,000 2,000,000 1,969,687 916,361 Oct 10=8 Deo 34 J'ly 339 2034 2512 Jan -4 Apr 3 14i.,jApr 3 7 J'ly 381a Apr 14 14 Sep 2 "a Nov Dec Dividend Record In Per 1904 iod Last Faid 'i-3 .4.pr 31,06? Ib8,80l 1,423,345 fc 65.3 13 15 12+3 l,7i'2,123 "12 "i'J 1,232,536 3,072 3,561,208 8 8+5 J-J /an <4-J .\pr 2 '05, '05, 4 '05, 3 1 16,-.i74 274,692 6,113,755 106,770 627,237 226,614 141,896 1,049,404 155,785 11,589 263,154 952,610 1,302,966 6,034 49,536 13,610 59,596 73,721 170,613 31,875 609,543 104,615 Q-J Apr Apr Jan 12 Q-J -•Vpr 6 Q-J Apr 8 Q-J .Apr Apr 12 1112 10 Jan 6+4 Priv ate Ba uk 6 Q-J J'ly 6 8 6 12 6 8 6 "a" 10 6 6 15 "'6 ' 8" 10 "ii 6 12+3 6 6 New Bank '8* li38 8 23,501 Began 19,029 New 8 n '05, '05. '05, '05, '05, '05, '05, '05, 3 2 3 3 II3 2 3 3 '05, IVj 4 Q-F May J-J Jan '05, '05, '05, '05, Q-J J'ly Q-J Apr J-J Jan J-J Jan '05, IVj '05, 3 '05, 3 '05, 3 J-J Jan J-J Jan Q-J .^pr Q-J Apr 5 Jan 6 Q-J Apr •05, '05, '05, •05, 5 1 3 2 2 1 IV, Mayl, i90 Bank 6 7 1 4 00,001' New b ank.. 200.000 101,477 5 200,000 60,300 6 6 500,000 450,000 8 8 2,000,000 .Vlergcd wi liAm. Trust 1.000,000 698,075 4,000,000 5,948,405 '16 12+4 250,000 Hi, 291 200,000 12.988 Began Jan 3, 3,000,000 3,617,532 12 12 750,000 257,748 6 6 fcl ,000,000 fcl,684,022 8 8 500,000 447,335 6 6 1,000,000 677,970 "6 "6 1,000,000 194,747 200.000 20,000 Began Mayl, Q-J Apr Q-J Apr •05. 2 •05, 1 •J Alaopaid 12 "3% in Doc, 1903, In stock of ITirst Trust <6 Savings iij.nk, H laoludes special dividend Bid and asked prices; no sales were made oa this day. t No pries Friday; latest price this week. b Dae Jane, e Dae AprU. h Dae July. Ic Capital »nd sorplua to be increaaed, a Due Dec. 31. I * 12 52 20 Aug Apr 25 14 Mai Jan 25 67 Apr2' Jan 5 120 J'neiy 534 MaylO Apr 20 6 I42V2N0V 12 la Dec 7612 060 20 Nov 25 Sep 36 Jan SSVjDec 99 Vj Jan llOVjNov Apr 3 Mario 65^4 5 1-JO la Outstand- Surplus <t ing In Fro /its Stock 1903 Low High Bankers National 991310114 IO314IO314 103 104 97ial02 98 Feb '01 100 ig 10034 Nov'04 J-J 1100 J-J *y9Vjl01 723, 73 May'05 J-J 70 M-N 79 Nov'04 M-S 80 Apr '04 107 M-S 106 Vj 107 107 9714 J'ne05 J-D 100 NI-N '8 Feb'05 A-0 9715 98 Vj 98 Vj May'05 9713.--. 9734 J'ne'05 J-J 16 May'06 Feb 94 '4 9434 Sale 05 F-A 87^8 87 87 88 J-J 98 May'05 J-J 98 96 May'05 J-J 1920 M-S C lUVjJan 41 35 110 100 NAME Since AG 1943 A-O 123 '4 1947 M-S 106 106 la Refunding g 5s J-J 108 108Vj .1937 Chic GasLt&C 1st 5s. 107 V, /Consumers' Gas Ist 58.. 1936 10308 bale 1924 South Side Elev 4 Si 8 10234 1914 Swift & Co Ist g 58 1063, 1945 .Union El (Loop) 53 1911 M-N TJnion Pacific conv 48 1910 M-S V S Brewing 5s V S Steel Corp 2d 58.....cl963 M-N 94I3 98 iWestChic St Ist 58 1928 M-N 1909 FA t Tunnel 1st 58 75 1914 J-D 90 Debent 68 1936 M-N 85 Consol g 58 r^- "West Dlv City Ry 4 las. .1932 J.J 90 5-20 Co 68. 1909 A-O iWest'rn Stone (» Note.— Accrued interest mus t be added to all - Range 1931 A-O 4Vjs Jan 2d 54 Feb 7iaNov 134 . Calumet National 93 yO NoChicCity StRy 4Vis.l927 M-N 1:90 9418 94 V) 94 North West'n El 1st 48... 19 11 M-S 90 1945 M-N 891a 90 Ogden Gas 5s 1916 J-D 100 Pearsons-Taft 5s L& C High Apr'05 10314 Feb'05 104 May'05 103 8.(9 76Si 1,3.57 Nov 173 V2 Nov 36 Nov 147 >a Nov lOS Oct J'ne 42 6 Jan 30 114 8 100 January 1 101 .• 4-408 Series 4-608 Series < 4-808 Series People's Gas ll 64V2 Apr'05 58 10415 10413 104 "a n04it..... 104 Is 104 Is ' Illinois . Western Stone May Aug IOI4N0V lOVjDec 50 Jan 17 L& C'kelOO <fe Feb 6 23'aJ'ueJl Feb 15 7334 Mar-.'L' 11 63 44'aMar27 46 2 2 Jan 30 100 lOU 100 lou 62 1233.1 .Jan OMcago Banks and Trust Gomnanies . 991a. 22* Un Stock Yds(So Om)100 P Co .. 100 Do pref 100 "'iK Unit'd Box Bd & P ColOO Do pret 100 97e •33 Last Sale Ask Low Bid 1910 Amor Biscuit 6s Amer Strawboard ist63..19ll FG(StL) 58.1912 Cass Ave 1 111 St Louis Nat St'k Yds 100 iof34 Swift & Co 100 84 The Quaker Oats Co. 100 9434 Do pref 100 OMcago Bond Record p-- 10i» Woven Wire Eence Do pref i()734 10 35 100 Trust... 10!) May'05 Page "'iK"'iK '"iK 934 9''8"9"-t <fe 40 "a Dec 94i4 0ct 198 .Uay 40 Nov 110 Feb '. Brick Kecpt.slOi Illinois Last Sale 10'^" nlo'oi Union Bas ^:::::: :::::: DlOO 63 14 National Biscuit 117 Do pref 85 National Carbon 120 Do pref 117 .534 7713 I May'05 M1I& Chic Brew'g Nov'04 Do pref 117 66 118 Cliic l-JiaDec 64 '4 Deo 791a Dec 123 "a Sep . Kans City Stock Yds. 100 '24" Knickerbocker Ice. .. 100 Apr '05 100 Do pret J'ue'04 London & Chic Contr G'i-^ Last Sale ibs-'s 111914 <fe OVjFeb 9 14 i» Apr 25 312 Jan 60 Jiti;25 73 "a Apr 2 3134 Jan 76 Jan 24 8234 J'ne 40 .Mai 125 Fe021 130 Marl'O 115 14 Jan 520 38 Jan 10 57 Mar30 19 J_ ue 5 98 18 Jan 17 105V2Mar27 «2 Aiie 183 Mar 38 .Tan 4 40 Jan 33 Nov 105 Marl 7 106 May 10034 .Mar 55 Apr2o 62 Apr 15 52 Feb 148 "a FebV3 150 Marl'^ 120 J'ly 10 Jan 5 10 Jan 5 10 Oct 34 J'ne 1 Jan 18 1 Jan 6 '4 J'ly 1( 7 Jan 20 7 Feb 10 153 Jan 25 172 Feb 20 140 May 5( 32 Jan 7 52 "a Mario 18 J'ly 139 125 May 143 "a Feb 1 115 Mai 16u 95 Apr 10534 Mar 6 86 Kel 13U 13413 Feb 14238 Apr 16 12DV2Feb Ilia Jan 16 10 Jan 31a .Mai 50 62 J'ne2t: 71 "a Jan 16 381a Mar 2,010 1,765 l)i'C'04 Manufacturers' Fuel :\ray'05 .Masonic Temple iO V,. 11H34 im-'f. / c::::: :;::;: ,1091410914 Canal 14019 62 116l4ll6'-2 & Cliic 136 102 Mav'05 Zi^ia "2"i'""23''^ ^:::::: :::::: '118 J'ne'05 Amer Radiator J'ne'05 Do pret 54 14 .\nier Shipbldg IO6I4 Do pret 'a *i:;4 Last Sale ^'eo^^'eo^e 100 100 100 100 100 100 100 100 100 Central Trust Bank. 100 LastSaoe lb"" Feu''or. Cliicaso Auditorium... Last Salt 1 J'ne'l)5 Chic Brew'K <to Malt'g. Last Sale 1SI4 J'ne'05 Do pref • 160 -158 lUO Chic EdLsou 100 44 'a 45 •Al>a 45 OhicPueuniatic Tool. 100 100 100 140 - *19'"'20'" 20 American Can Do pref . '.'.'.'.". ('.'.'.'.'.'.'.'.'.'.'.'. (»19 69 14 '4 Last Sale Wis Last Sale 40 Last Sale 106 Last Sai-e •55 58 166 1()6 •53 55 ' 10"!!"!'. *6V2 • "46"' 110 58 55 "ii'^l "ii'-Ci Last Sale Sr\ Last Sale 130 *i2'.r"i;;i;; 54 V 105 ''.'.'.'.'.'. • iiv'"i"ii4 691a 69V 'll3^"lii^ 68 ''8 691a "li"4"li's] 6818 6S7fc 8'i'e li'i^ li'i^ M' , Do 43V Kans City Ky 580 Feb 5 199 Itlisccllnneous Allis-Chalmers 100 Do pret 100 .'•82 ;*129 ' Subway Jan 180 lou 100 100 100 100 pret 7018 Chicago "a 7 ( & Oak Park Do 21 100 100 ot iO'/g deoUrod Auif. 10, 190i. •05, II4 '05, iv, .M-S .Mar •05, 4 Q-J J'ly Q-J .\pr & Sav. Q-J Apr Bank '05, 3 ig'd o n Apr 3 3 F-A Feb •05, •05, •05, •05, Q-J Apr •05, II9 Jan Q-J Apr 190 5, 2 3 6HH 1 J BOSTON STOCK EXOHANaE-Stock Is lT6Hil78 307 15V ••^41 .... 241 *175 173 29 S 7734 *':8 103 255 1(,3 255 157 4 "7534 ... 2:'>2 125 146 14512 *145 •79 .... 81 81 *92 92>2 issi^issio lyvj 19 s 193., I'd ^2 62 14 62 '4 eii-j 62 '4 "M^ 208 '208 "7 8" lOU 7912 50 *15 601^1 79I4 • *50 *15 62 53 • 53 98 Hi 98"^ 122^4 123 *98 123 Kj 1233, 98 H; 98'-^ *y8 * 21V 197 -2 198 *97»a 97 12 97 Hi iiesi *97i2 *97'2 98 11612117 827,i 104 '••J 82 7f 104 2.- 55 157 157 '4 10334 * 255 Hi 157 Hi '241 '241 178 178 178 *29 77 H; 293^ I2 771-j 168 125 ' 29 ', 77 H 168 '125 lor Year ICange tor T'reviOUt 1905 the Year (1904) Week EXCHANGE '<!3 Mange Sales of Lowest Shares Highest 77Hj 167 '125 i67Hj Atch Top <fe Santa FelOO IU414 Do pref 100 255 H Boston & Albany 100 15734 Boston KlevHt«(l 100 Boston <fe Lowell 100 178 Boston & Maine 100 Muy'05 Do pret 10( J'ne'Oo Boston <fe ProvifiencelOU Boston&Wor Elec Co 77Hi 167 Do pref Chic June Ry& US YlOd Do pref May05 Con & Mont Class 4 225 95 28 744 43 27 7778May20 9335 Mar 99 Hi Jan 25 254 Jan 3 xlbi Jan 25 j;241 ilay2B 9 64 Mai 104 Is Mar 9 88 Jan 261 Apr 4 23934 J'ne 158 Hi Apr 28 .i;137 Feb 249 Mario 230 Mar Jan 6 Jan 18 50 13H2Janl7 17 63 Hi Jan 17 100 150 Jan 13 Jan 9 1 124 186 Jan 4 171 175 305 310 . . ' H 23 Vj 90 23 231, 90 90 534 4'-2 214 26 134 Sa 134-\ 135 135 140 3234 102 s 323, 1033, 4I0 6 28 'i 135 Hi 27 135 135 141 1353, 142 Vj 3234 3334 10338 10334 41-. *ii9"' iiei^ 22 14 221.J •^3ia 119 24 *534 6 •534 6 245 245 173 44 "12 84»4 i-j 441,2 8434 186 187 139 140 245 i73" 175 •4439 45 8434 185 l-i S. Hj 8434 186 •114 1>2 I3914 140 *llie Apr 8 166 Apr20 295 *13 *13 "16" 238 10 "lo" 10 238 109 14 ^107 34 10734 20 20 *-;6'i^ 26 109 •25 '4 26 •2 Hi 3 10734 108 87 31<a *2l2 3 IO8I4 88I2 8734 311a 31'(, 13 12 13 12 108 88 31 102 102 28 14 283f 05 "a 9534 28 941U 95 *-50 -60 173, •98 *-50 -60 16 13 100 84 98 100 84 98 •92 19 Hi •SO •92 '•i ' . *3H) 2234 7934 10 •1 *'40 12^8 •28 la ••50 •1 1 IH. ••40 *-40 •60 1318 1234 J2''e 12'fc 29 2834 28 Hi 283, ••50 •55 •55 •56 *8 » 8 8H, 1.J 18 76 630 635 17»4 18 bO" -eo' 69 14 •12Hi 80 *2 214 •8 8I2 534 6'f, 231s '•434 *1« •734 -76 12^8 4934 3 •75 •2434 5 I9I4 b 85 12 V 4934 3 •8 •19 •734 '•75 13 •49I4 2'6 •90 25 H. 9Ha 92 69H2 13 80 H 21, 81-j 534 2134 •434 • 534 22 14 5 19 H 8 85 1334 50 ih 1 2434 91 H» 26 14 91 H 22 2134 22 iv 22 Iho l^io 1^19 Iho •96 96 s 97 97 H IS 11-. 7 •106 71b 110 2'g 2S. 734 22>4 24 H 29 s 2»'.j •101, 10 Hi 44^1 447e 'i 314 91a •lo.i • 9H» Uo 1 UeXure puy'luiaano nt •IHi *l»a 7i» 106 13., 1'. 714 106 2Hj 2H/ 24 'i 24 'b 8 8 243b 2434 28Hi 29 lOH, 44 H. 10>t 46 3 3 10 110 10 110 li« 11* in Cltltril lu 19U6, II4 2434 243b 81 80^8 813, 1« 6H1 3»b 24 24 81 Last Sale 11 8 1^2 69 69 14 *12ia 13 21«» 803^ 23 80 '4 9 •50" "so" 75 23 3«8 334 60 H 6271a 627 •171a 4 8 •8 Last Sale •1 i IH Last Sale 50 1338 IS^ i3H 13 H 28-'8 2334 29 29 ^•50 •65 65 -60 1 60 8I4 84 334 AdventureCon 25 25 200 7,803 CopperlOO 12,630 2478 Allouez 82 H Amalgamated Feb '05 Amer Gold Dredging 10 Am Zinc Lead & Sm. May'05 Anaconda 1 Arcadian J'ne'05 Arnold 8H- 645 640 3'« 645 645 S38 645 BostonConC&G (rct8)£l Calumet & Hecla 234 May26 Apr;:4 Jan 25 5 25 25 25 25 1334 Atlantic 25 29 14 Bingham Con Mintfe S 50 •60 Bonanza (Der Co)... 10 Deo 1" Mar 7138 llO'8-N'or' j 12 Hi Apr 71 Jan 24 Hi Deo 87 De<J essNoTi 27Hi^ep^ 122HjiJ'eb 152i4Nori 122 Hi Jan 141 ^JTor' 11914 Feb 149 14 Nov, 3 Hi Feb 17 Feb Feb 9 24 Hi if or' 9434 Deo 3 Nov 4 sjep^ 112HiJan 12234 Deo 714 J'ue 1934X0V 08 Hi Jan ! 6 Hi Jau 7Hi Veo 230 Feb 265 Aug al61 J'ue 194 Not] 36 Dec 44i4.Aug; 7734 Mai 8434 Oct 173 J'nt 200 Nori 11* Apr 234 NoTJ 118 Feb 141 Nov, Oct 4 Jaal Hi 8 Oct 17 J'ly J 208 Mar 243 Noy 9 Not: 6H1 Jau .19934 Mar iia Oct 22 Dec 22HiJ'iyi 24 Hi Oct 26 Nov; Oct J 2 Jan 5 95 Feb 113 J'no; 45i4Feb 61 Hi Deo] 28 Jan 32 uct 6 Hi Mu) 2018 Deo; : 1 j 77 838 18 •60 May Ma Ap Jan •75 23 Hi Nor OHiJ'n Mai 101 Ljeo 93 too Is Aug 100 Deo Jan 76 I 34 Nor; 99 Hi Deo 33 ireo 95 Hi Deo 40 Hi Jan 51 Deo Jail 103 1034 b'KU 7534 J 'ut Aug 779 Nor, Mai \2\ Nor Feb 8234 Deo •75 Mai 1 Mat 1238 Jan 5 8 Feb 14 Oct 31 Is Apr 1 1538 Feb 2934 Ivor 2 Jan 13 •25 Feb 3 Nor IHi Feb 23 1 Hi Nor 20 1334 Mario Feb 22 Hi Nor, 7 35 79 Apr 17 Mai 383, Nor' 19 35 Marl5 39 May I8i6 Nor f8 Jan 11 247ej'ue23 89 »8 Apr 14 76 ci38io 43 I 330 25 985 2,576 too 1,640 74 25 LastSale 15 Apr '05 Catalpa (Silver)....^ 10 I8I4 •17H» ISi-.! 680 17 Hi 18 17 Hi Centennial 26 •6 6 60 6 614 61, Central OU 26 7 •50 48 •60 •SI 60 •SO Cons Merour Gold... 6 1,600 Last Sale i5Hi Jan '05 Continental Zinc 26 70 14 70 H 7OH1 69 Hi 70 71H. Copper Range Con Col 00 3,676 1334 650 13 13 13Hi 20 131.J 13Hi Daly. West 621 80 81 14 81 81 Hi 79 81 Dominion Coal 100 LastSale 117 Mfty'05 Do pref... 100 '•^'8 •2 12 '"""e'o 23b 2 Hi 23s 23b Elm River 814 »'4 160 8^8 81« 26 8H1 8 Hi Franklin 6 '8 534 1,736 578 6 5 78 6''b Grauby Consolidated. 10 2234 22 '« 2234 2214 7,712 2234 22 Hi Greene Consolidated. 10 •434 434 305 434 434 434 Guanajuato Cousol.. 5 5 I914 19 Hi 1» 19 Hi 1978 19 Isle Royale (Copper). 26 1,409 734 734 8 25 1,431 Mass Consol 8H) •78 ••76 •78 •85 100 Mayflower 25 141* 14 14 14 Michigan 25 3,226 14 Hi 14 6OI4 60 51 60 14 Mohawk 95b 61 61 25 • 234 3 75 3 3 Montana Coal t& Coke 25 ••75 •76 ••75 100. 1 1 25 1 Old Colony 253, 25 •24 516 2538 26 H 25 Hi 263b Old Dominion 586 9289 92 Hi 92 'v 91H( 92 25 92''b Osceola 23 '8 22 Hi 24 14 2378 23 'b 23'b Parrott(SUv<fc Copp) 10 1,725 •75 .9334 •50 •50 1 Phienir Consol 26 1,320 1 97 98 331 97 100 100 100 Quinoy 25 1-2 1'4 •IHj 50 Hhode Island 25 14 134 134 440 1"8 HautaFe(Gold<feCop) 10 17e 17e 719 7 '4 714 71.1 Shannon 73b 10 1,329 7H» 106 110 *108 112 106 110 Tamarack 96 26 3 3 3 3 3 438 3 Tecumseh 26 60 I'eunessee 26 8 '4 HI4 8 8 8 Trinity 795 8 'i!> 2434 26 24 'b United Copper 23Hi 23»a 24 H 100 1,010 283^ 29 14 29 29 ^ 20 14 20'4 UuUedSt.atea Mining 25 6,130 10>8 10H> lOS 10 Hi 10 Hi 10 Hi Unit States Coal diiOU 26 560 46 Hi 46 Hi X4334 44Hi 4634 44 Hi Utah Con (Gold) 6 9,722 3l8 a 8 3 3Si 3 Victoria 275 26 10 14 10 Hi 10 107^ 103, Winoua...f lOHl 26 1,644 109 110 110 110 110 '200 110 Wolverine 25 •11, •II4 IH IH IHl Wyaudot loo 25 ttileiurevay'loIa>t8«M8'ucaUedial9Ui. 'iSiaaaaasicea. JNewslucK^. 640 ) 18 70 Ijeo 155 86 14 Mai 97i4Deoi 160 May 173 Xor 89 Jan 93i2Deo: 108 Jan 114 Deoi 16i4J'ly 17 Hi Feb: 37HiJ'ly 43 Hi Deo 143 Dec 146 Hi Deo' .s itliniiig •SIq 4 22^8 2234 79 Is 7934 254 242 Hi Nov i< '4. 2734 XoT Xoy 35 Mar' 8'2HiAprl3 182 Mario 136 J'ne 164 uct 132 Feb Deo «116Hi J'ne 127 I8934 iMar25 180 J'ne 186 XoV 105HiAprl7 160 Apr 1621-2 Jan 295 Feb 7 276 Jan 285 J'ne 148 Maris 133 J'ne 142 Nov 81 J'ne20 2414 Jan 57 Deo 93 J'ne2i 73 Jan 88 Deo ISSHiJ'uelU 170 J'ne 175 Apr 23 Apr 3 lli4Sep 24 Jan' 70i8Mar30 6234 Oct 80 14 Jan 25 Hi Marl 4 5 Apr 23 14 Xov 211 Aprl7 185 Hi May 199 uct' I6734 May25 159 Aug 10312 Apt 233 May23 222 Jan 232 Apr 212 Apr 26 198 J'ne 207 Apr 102 Febl4 74 J'ly 80Hi Feb' 87 Feb 6 68 Mar 79Hi 72 Jan 19 29 Aug 73I4 Deo 17 Mar20 5579 Apr 18 40 Jan 42 Fel> 100i4Feb25 87 W May 95H!J'ly! , M 8914 IO4I4 Aug 1751-2 Deo Apr 174 uct Feb 303 H: Deo 185HiMarl4 158 j;172 J'ne V •i *22ir2 891^2 Uipkeat Lowest 100 1 00 165 165 Conn & Pass Riv pref 100 45 I6OH2 Janl9 Last Hale ^95 Mar'05 Connecticut Rivor...lOO 285 Jan 12 1451^14612 145 147 n45 147 Fitcliburg pref 43 142 Jan 3 100 '81 *81 •SI 86 85 85 50 59 Hi Jau J 6 Ga By& Electric 100 93 93 111 Do pret 100 86 Jan 4 92H!.... •92H» .... Maine Central 11 175 Jan 24 100 1934 1878 19 19 19 461 13H2Febll Mass Electric Cos 100 621" 6212 6214 k82 55 14 Feb 11 62 Hi 62 H; 62 14 Do pref lOU *2(|i2 21'i Last Sale iy\ May'06 Mexican Central 1934 May 1 100 197 12 198 197 H?. 198 197 Ha 197 H N Y N & Hart. ...100 14.) 195i4May23 Last Sail- 167\ May'05 Xorthern N H 165 Jan 19 100 Last Sale May'05 Norwicli & Wor prefloo 232 Jan 24 *207 '207 209 13 205 Hi Jan 6 208 208 209 Old Colony 100 98 5(1 98 98 79 Jan 9 Fere Marquette 100 '78"* '"78"" '76 80 138 78 Jan 4 78 78 Do pref 100 50 62 •50 62 17'"" 14 50 Apr 13 Rutland pret 100 *15 Last Salt Mar'"o"6 Savannali Elec com.. 100 15 Jan 13 Last Sale 60 Jan 6 Apr '05 Seattle Electric 53 100 *98 -98 93 Hi Jan 9 "Us" 98 98 9.SH Do pref lOU 124 12434 124 1253^ 125 14 I'^ii-'f. Union Pacitic 100 6,032 113 Jau 6 1371s Feb 26 98 14 98 14 *97i4 98^2 99 12 96 Muy23 101»8Feb20 99 Do pref 100 Last Sale 173^2. J'ne'Oo Vermont & Mass 172 Jan 18 175 Mar 100 *97i2 98 98 98 98 13 93 Jan 3 99 Mar21 98 West End St 50 116^2 II6I2 116 II6H2 a;ll4H? 114H' 181 112 Jau 3 1171* Apr 2.3 Do pref 50 Last Sale :^38 Mai'05 Wisconsin Central.. .100 211s Jan 27 25 Feb 23 Last. ale il^Hi Dec '04 Do pref 100 Last Sale 1-17 146 Mar 20 147 Mar28 .4pr'05 WoicNaslicS! Roch-.loo MiMcellaneoiis 23I4 24 2334 23Hi 24 243b Amer Agrioul Chem.lOO 2,250 19HjJan25 29i8Aprl5 90 90 90 384 86 Jan 3 93 Marl3 90 90 90 Do pref 100 6I4 Amer Pneu Serv 614 4i4Aprl3 534 6 50 5,146 6HiJ'ne22 6 6H 29 Hi 27 Hj 31 SO 27 28 Do pref 50 4,905 20 Jau 17 30 J'ne22 13 7 1371, Amer Sugar ReHn 136 136 H2 136Hil37 loo 3,335 I30I4 Muy23 149 Mar 2 '135 136 1361-2 135 135'^ 136 »4 132 Mtv22 14018 Mar 7 Do pref 100 142 142 "2 143 142 143 14o; Amer Telep & Teleg.loo 1,65'J 137 Wuy23 148 Jan 4 3434 35^8 21 Jan 23 4o'^Aprl8 3334 34=8 Da's 6,689 Amer Woolen 100 350b 105 10334 104 H2 104 Hi 105 105 Do pref loo 2,535 92i4Jan 3 109 Mar31 3 14 Maris 434 J'ne y J'ue'05 Boston Land 10 4H: Last Sale i>4 "119 119 liyia Cuinberl Telep <& Tel loo 50 119 Mar25 124 Jan 'iVsJ" llOH •119 22 14 2314 223, Dominion Iron & St 23 Ha 233, 23 2,061 17 Jau 24 2479 Mario •534 •534 53, 53, May 1 734 Jan 10 200 5 6 6 East Boston Land •244 245 244 83 244 J'ne23 257 Apr 6 24434 245 244 Edison Elec Ilium. ..100 •173 173 84 lG9i8Mav22 191 Jan 17 174 174 "lISHi 175H2 General Electric loo 44 -Is 441.^ 4414 4439 44^8 44H2 Mass'chusettsUasCosl 00 1,098 3314 Jan 6 4534 May 12 8OI4 Janlo 88i4Mayl'2 84 '8 84 'e 8434 843, 8434 8478 1,015 Do pref 100 *185 108 tl85'2 J'ne2ii 206 Apr 29 Mergentnaler Lino. .100 185 Hi *185 -II4 1 Feb ti 2 42 Jau 4 1^4 IHa IH exlcan Telephone . Id IHi IHi 139 140 *139 140 140 13939 N E Telephone 42 134 Feb 17 140 14 Apr 27 100 234 Last ill8 Feb Sale 1 24 May'05 PlantCom t'st stk com 100 Jan 9 *lh6 •13 LastSale 16 10 Jan 6 17 Janlu Mar'05 Do pref 100 238 134 230 Mtty2;i 252HiFeb2fe 238 Pullman Co 100 237H2 237H2 237 Hj 238 10 19 8 Hi Jan 12 10i4Feb2J 10 Reece Button.Hole.. 10 *9Hi 10 9Hj 10 I07I4IO714 108 108 108 108 Swift <fe Co 166 105 Feb 24 114 Jan 5 100 '05 Last 23 Jan 18 23 Jan Is Sale Jan 20 Torrington Class A.. 29 •25 !« 26 26i4Jau 16 26 May LastSale ^6 J'ne'05 Do pref 25 2 Si Mayjo 4 Jau 6 50 3 3 3 3 Union Cop L'd <& Mg. 25 •2Hi *2Ha 10334109 10878 1087b United Fruit 813 103 Apr 29 115 Feb2u 108 109 100 9 5 Hi Feb 17 8I1 6 134 Jan 89 Hi 89 H United Shoe MacU... 25 89 Ha 89 Hi 88Hj 90 3138 31 3138 Do pref 25 1,39-J 30i4Mrty 8 39 Hi Feb 10 31Hj 317b 313b 100 1,000 1134 J 'uo s 14 '2 J an 10 U 8 Leather loo -a Jan 1 108 'a Apr LastSale 108''a Apr '05 Do pref 100 3479 Jau 4 4434 Apr Last Hale 39 May'05 U S Rubber 100 10 987eJau 5 117HiA5r 100 Do pret •'3 Hi Apr 24 's May 2 30 2934 30 30 6,514 Steel loo 1 29 Corp 30 H( '4 7b U S 10479 Apr lb 97''4 981-4 97=8 Do pref 100 8,S07 91 May 983b 96Hj 97 7g ••60 •60 Last Sail 50 J ne'05 West End Land 25 ""'"19 •40 MaroO •67Hi Jau2i. •18 •18 1818 I6H2J ne2o i5-HiFeb 6 19 19 19 West Telep & Teleg.lOO *100 10078 48 97 Hi J an 24 104 Feb b 101 101 Do pref 100 1007b 14 84 Mayl 1 92 Mar 9 •80 LastSale Si J'ne'Oy Westing El Mlg... & 50 84 99 Mar:;0 91 May *92 Last Sale 9 J hi J'ne'Oo 98 Do pret 50 Last Sale *1.87 165 iv 77 • *125 *i87 •20Hj 21 '1U7 198 Frida<i June Last Sa Le 17* Last Ha le iUU *2S34 773^ 168 1U8 *125 *187 Thursday June va 8278 3117 * *lbH 8284 S2-V 103 255 1561-2 157 241 24 '177 178 103 255 150 ' STOCKS BOSTON STOCK Kiiilroiids '82 *102i.^ 103^2 25o'i2ii55V2 '307 29^2 Wednesday June il Tuesday June 'iO JJonday Jvne 19 Baturdav Jxine 17 Weekly and Yearly Eecord, Daily, Share Prices— Not Per Centum Prices ' 8 J'ne21 25 14 May 31 1 May 2 45 J'neie 12HlMay2i: 28 May22 50 May 6 534 Jan 26 601 10 Marl8 Mar 14 30 12 64 Mar24 Jan 3 Jan 26 Alii i'2i 11 HiMax3o 60 113 Jau lo 2 May2li Apr 29 Jaulo 6 Jan 4 2034 J'uel3 3 Jan 4 17 Hi 6 May 23 '75 Mar-.'9 9 3 334 May 19 Apr Mar Jan 4 d 14 Hi Feb SHiJaulo 678 J'ly •76 Maylb •20 J'ly 1534 Jau 20 7 Hi Apr 33 Marl4 38 Feb 18HiFebl5 1034 Aug 86^4 Mar31 40 J'ue 117 Mar25 103 J'ly 3i4Janl3 13^ J'ne 12 Hi J an lb 7 J'ne 26 May 1 Aprl'2 IHi Jaul'ii 1534 Maria 56HjMar 9 514 Janlb 1 Hi Jau l^ 75 .May 2 9 23i4May 1 28HiJuu 3 88 Feb 9 103 Mail4 22 J'uel'ii 50 95 J'ne22 May 4 li4May 1 May 8 1 Hi tjOg 101 2 Feb 6 aiay23 Feb 3 24 7^ j'ne2o 738 Jau 2b 9 21 30 Hi 3 '4 118 9 14 393b Mar 4 2 May 19 9HiMBy2'.: 105 Jan 4 li8J'nel2 t-Ass'tpaid. Apr lb Jau l4 Jauii Feb 21 Jau i.b Jau 3 140 Marl 4 3 78Marl3 35 Jan 19 1318 Feb 1 2 Hi 3 9 Mario 23 Jau 25 Apr 6 208 3319 Hi d, 3 45 1134 46Hi J'ne22 6 Jau 13 Oct 3234 74HiNor Jan Jan 36 72 im Nor 4 N'or 16 Hi Nor 511,6 1 Nor; 34 Hi Deo; Deo 6 May 36i4Nor; Feb t978ueo: i J')i«' 11 Hi Nor, ueol 67 Hi Nor J'ly 3I1 2 14 J an •50 J'ui y I4 Feb 53 2b3.i (^•50 Feb Feb Aug 2 63, .'tug 2i4.Nor 29 14 Deo: 98 Nor 33 Hi Nor Nor Nor t6 Feb 125 Maj 3 80 •50 Nor! Xoy Nor 85 May 140 Nor J'ue •25 414 Nor 34 Nov 4314 Deo, J'ue 3HiAuti 10»« Mai Mai Jau 2834 Deo 1'234 Nor 47 Nor, 1.1, 3^4 18 {j 30 I9 an Jau J 2 Is J'ne 16HiFeb21 120 Feb lb 09 2 78i,'eb21 •50 t i£it-rigtit!i. Jan 14 •25 1 34i9Fob Aprl.- Apr 15 Jau 6 Mar 20 Oct 02 Hi *'eb 7 14 Apr 18 2334 J an 17 •75 779 Jan 700 •05 6Hii\larl5 3014 AprlO 10 Nor Nor Nor Nor May Oct 6 Feb:iO 436 •16 May20 13H2Marl3 lO'sJaU 48 j J'ne 7 695 16=8 6 8 I 6 3 Hi 18H»Nor, 6 Mar; tfagNori Feb 1338 Nor Jan 110 Nor Feb t3 .Npf! aUx-dir. A rights. ^' 5 June 24. I906.| Week Ending June June 23 Ask Low 9934 Sale 10238 J-J J-J J-J 112-'^. 10234 M-N 129 J-D 89 A-O A-O 101 M-N FA J'ne'04 IOC,? May'Oo 9534 J-J J-J M-N J-D 108*4 109 100 108 Mar'05 109 >8 J'ne'05 109^ Mar'02 109 J-D A-O 1121^4 AC 102 97 103 109 100 10134 100 »8 10534 '03 140 Apr'05 10034 101 101 May'05 Sale 1921 Q-J Note— Buyer pays accrued interest in addition to the purchase Ask Low High lOlisMayOS A-O A-O A-O I'oo'Vz.'ill!! 100 107S8. J-D M-N 123 98I4 M-S MS J-J J-J A-O A-O A-O lOlSg price for all Boston Bonds. ' No price 128i8J'ne'04 lOOSgJ'ue'OS 10734 J'ne'05 123 123 98 >4 May'05 75"'; J-J 100 102V U)0 101 122i2l2r,'^ 97 Hi 9pia 9434 93 103 105 104i2lO6i» *; 102 14 102 "a 70''8lI77 Mar'05 1638Nov'04 25 75 FA J-D FA 25 94 98 101 101 103 103 10334 10334 106 106 14 10334 Apr '05 IO6I4 Feb'05 100 100 25 J'ne'03 102'2Auk'04 Sale 98 98 101 101 Sale 103 103 J-J J-J ' 107i2l08iij- TI7636J'ne'06 J'ly J'ly NY&N Eng 1st 78 1 J'ue'05 100i8Nov'04 12012 Sep '04 10214 May'05 118 Maj'04 102 Vi. I 1\ Loiv JUglV, 101 4 10-1 Hi' 9315 'di\ 93 Hi May'05 IO4I4 104^2 104 May'05 104'2.--. 104 "2 J'ne'05 A-O i-i 10534 May'Oo 140»8 Apr'05 , 140 140 101 Jan 102i2Apr'iJ5 98 J'ne'05 1 09^2 Mar'05 102*6 J'ne'O;") 10318 Apr'05 Since' January 100 100 1905 1st 68 1905 99 »8 9988 951-j 96Sg 1924 Old Colony gold 4s Oreg By & Nav con g 4s.. 1946 Oreg Sh Line Ist g 68 1922 106 H 108 99>2l00i4 Eepub Valley 1st s £ 6s... 1919 126i2l26'-j Rutland 1st con gen 4'28.1941 ButlandCanartian Ist 4s 1949 126 126 108 lOa^i Savannah Elec 1st cons 08.1 952 IO8I4 109 14 Seattle Elec 1st g 5s 1930 Torrington 1st g 58 1918 Union Pac KB & 1 gr g 4s. 1947 1st lieu conv 4s 1911 101 102 United Fruit conv genSs. 1911 98 100 10734 109 >i! U S Steel Corp 10-60 yr 58.1963 102«8l03S2 West End Street By 48.... 1915 lOSiglOSie Gold4i2S 1914 10334 loy Gold de benture 48 1916 139 14058 Gold 48 1917 139 1401s Western Teleph <fe.Tel 5s.l932 29 98 101^8 Wisconsin Cent Ist gen 4sl949 98 101 Wisconsin VaUey 1st 78.. 1909 96^4 J'ne'05 06'4 106^2 107 IOCS, 100 J'ne'OP 12614.... 126 Hj Mar'05 12534.... 126 Feb'05 J-J 109 101 Week's Range or Last Sale Mich Telep cons 58 tr rec.1929 J-J Minne Gen Eleo con g 5s 1929 J-J New Eng Cot Yarn 58 1929 FA 98 1906 A-O 101 New EngTeleph6s 1907 A-O 103 6s 69 1908 A-O 1915 A-O 5s 11134 111^4 " 8934 1 87 •()•_' A-O 129 129 106s Dec 99 »s Apr '05 A-O M-S M-S M-S M-S FremtEUc<feMoVl8t68..1933 A-O 1933 A-O Unstamped Ist 68 Gt Nor C B & Q coll tr 48 1921 J-J Begi8tered48 M 105 ibo'^ J-J W 973f, 10234 10234 9913 997e 100 Sep '04 109 May'05 lOlSg Apr'05 . J-J . Feb '05 87 M-N M-S W . M 11134 J'ne'05 11134 87 M 9414 99 '8 99 '( 100 J'ne'Ol 129 J*ne'05 993*. A-0 W 96 . 11104 1^ 101 Mar'03 112'-! Jan '03 1121-j Dec '04 FA 1918 1918 1910 Sinking itind 4s 1917 & Boston 1st Butte 68 Cedar Bap & Mo B Ist 78.1916 1909 2d 78 Cent Vermt Ist g 4s.. May 1920 OhicBurl & Q extend 48.1905 1919 lowaDiv Ist 58 1919 lo-waDiv Ist 4s 1913 Debenture 58 1922 Denver Exten 48 1927 Nebraska Exten 48 1921 B cfe S 8 1 48 1949 Illinois Div 3>-j8 Joint bonds Bee Gt Northern Ohio Jo By & Stk Yds 58 .1915 CoU trust relunding g 481940 Oh Mil & St P Dub D 68..1920 Ch & St P Wis V div 6sl920 Chic & No Mich 1st gu 58.1931 Mich gen 58.. ..1921 Chic & Concord <fe Mont cons 4s. .1920 Conn & Pass B Ist g 48. ..1943 1927 Current Biver 1st 5s l8t48...l94G DetGr Bap<fc Dominion Coal Ist 68 1913 1906 Eastern Ist gold 6s 1915 Fitchburg 4s 1927 48 108 108 102 deben Ss 1910 Non-conveitdeben 5s... 1913 la FaUs & Sioux C 1st 7s. 1917 Kan C Clin <fe Spr 1st 5s. .1925 Kan C Ft S & Gulf 1st 7s.. 1908 1928 Kan C Ft Scott <& 6s 1934 KauCMife B gen 48 1934 Assented income 5s Kan C & By cfe Br 1st 581929 KanCStJo&CB Ist 78.. 1907 L B & Ft Sm Id gr Ist 7s. .1905 Maine Cent cons Ist 7s... 1912 1912 Cons Ist 48 Mara Hough & Out 1st 6s.l925 Mexican Central cons 48.. 19 11 Jan 1939 IstconsincSs Jan 1939 2d cons inc 3s Illinois Steel Range Price Friday June S3 Bid Jiigh 9934 100'4 97*6 94 99^8 Jan '02 Bo8t<fe Mon 3d issue 78... 1904 Al-N Boston Terminal Ist 3 "28. 1947 68 9(37h J 110 Feb '04 104 »3 Apr '00 117 Feb '04 1944 J-J Maine 41128 Improvement 48...... ..1905 FA Bur <fe Mo Kiv ex Non-exempt 6s 1 an 1023c, 96 1907 J-D Lowell 48 Low 9934 Mar'05 108 10238 Sale 96 Salf . January Cqir High 9934 96^4 96 'e Sale BOSTON STOCK EXCH'GE Week Ending Jitne 23 Since or Last Sale 'J3 Bid J-J J-J Atch & Nebraska let 78..1908 Wl-S Atch Top <fe S Fe gen g 4s. 1995 AG J'ly 1996 Nov Adjustment g 4s Boston Elect Light Ist 6s. 1908 M-S 1924 M-S Consol 58 & Uange 1 26J3 BONDS Range Week's Price Friday Am BeU Telephone 4s 1908 Am Telep & Tel coU tr 4s. 1929 <fe J Boston Bond Record. BONDS BOSTON STOCK EXCH'GE Boston Boston 3 ; Dec '04 Deo'04 10414 J'ne'04 1I10278 J-J J-J J-J J-J F-A 103 J-J 106^8 Sale M-N M-S M-N 110278 102^9 1243412512 103i8li;3i9 99^ -M-S '05 103i8Apr'05 102 99»2l00 106 Jan 125 12 Mar'05 Mai '02 97 J'ne'06 105 12 J'ue'OG 107 Feb '03 106^8 1067^ 1T120 MS 106^8 106 F-A 102 12 104i2Sale J-J J-J J-J 10712I1 Jan 103 105 1191 9] '05 103 103 w, Hi ; IIH4IUI4 IIII4 Apr'05 Friday; latest bid and asked. iv IO2I2IO2111" 10534 106 14 103 ifl May'05 1043< 1 04 Hi 1191 111 V 1!92i8l!97'"'8 10534 May'o5 10234 Apr '03 M-N .; mis Hj 11133 May'05 J'ne05 io9";ii;;; 109 93I2 1T95is 102 12 Apr'05 F-A lOi) IO4I2IO634' Flat price. IJ PhiladelpMa and Baltimore Stock Exchanges— Stock Record, Daily, Weekly, Yearly ."Share Prices — Not ACTIVE STOCICS I'er Centiiiii I'l'lcew Saturday June 2? *82 102 25 102 25 50 "s 505^ *.....• 13 Hi Mond.au Tuesdaii Jtine 19 June WetCnesdai, June HI '40 25 25 85 84 H, Hi 50 Hi 501, * 13 H; *1238 13H2 51 263? 11*8 51 61 26 14 13 100 25 85 Hi 50 14 Bonds and Inactive W^k Stocks see below) Shares June 23 83 83 85 *82H2 'lolHi L02i^ *101H2l02. 2514 25'-; 25 >4 25 14 8334 f334 83 H. 84 83 25" 102 25 8534 5OH2 13" H. Range lor Previous Year (1904 /or Year 1905 the (J!\)r tridav Tliursday June Ji Range Sales of Lowest Mighest Lowest Highest liaitiiiiure "25"'* Consolidated Gas 100 Northern Central 50 Seaboard (new) 100 Do Istpret lOU Do 2d pref luO United By & Electric. 50 '"14"' 40 50 543 160 M3yl6 90 May25 110 83 99 5,847 1 ,200 211. Jan 16 Apr 13 Feb24 47^6 Mar23 89HjJan 1!' Jan 24 53 Mai 22 12 Apr 24 18 83 Hj 57 Hj Jan 86 Deo 71 J'ne 109HjDtO Mar 17 26 Mar 3 534 J'ne 5411 Apr 4 2838 Feb 17 43 J'ne 18 la May 16 14 Dl-o Pliilndelphia »6034 51 2638 263^ 11H« liHl •10 12 *38 39 •15Hj 16H! •102 H> 6334 50^8 26^4 ll^s 26I4 UHj 50Hj 50Hj 26 Hj 267s llHa llHi IOH2 1034 11H2 "10 lOHi 38 Hi 38^4 *r6""l7i.j *18 103 Hz 105 •103H2 63 '8 64I4 6334 64 64 3^8 31S18 b8 42 Hj 42 Hi 39 19 14 104 64 H? 38^4 19 104 63 Hj 4214 6734 4214 8«i« 67''i6 838 8l5i6 5U4 26''8 26'8 llHi 1138 11 210 48 Jan 3 American Bail ways.... 50 27 Cambria Steel 50 2,098 2434 May2'2 11'4 1138 Electric Co of America 10 3,213 1 Ol- Jan 25 12 12 Gen Asphalt tr ctis 100 1 ,240 io Jan 9 42 14 42 l(t(' Do preltrctfs 1,898 38 S J'ue20 •62 19 19 Lake Superior Corp 100 14 Hj May 24 103 103 167 103 J'ne23 Lenigh C & Nav tr ctf s. 50 63 63 Lehigh Valley 50 3,478 52HjJan 9 Sii^ie 4 875 Marsden Co 100 3 J'ne 1 60 27,019 6513, May22 699i9 69^8 Pennsylvania KK 43 1^ 44 Phdadelp'a Co (Pitlsb) 6(' 3.045 4034 Jan 26 8"ia 834 Philadelphia Electrict. 25 10,467 8 J'ne 6 27 Hi 2734 Phila Bapid Transit J.. 50 6,i00 tl734 Jau 4 50 110,228 39 Jan 1 a 48h3 4914 Reading *50'2 26^8 12 14 41 19 19 103Hj103H. 63 63 39 315i9 31*18 6814 68iSi9 4234 334 8^4 8-'ifl 25 "s 27% 2738 2738 271-, 27 2553 26''fi 471018 483, fl 47i5ia 483ie 471I16 48i« 47iii8 48-'8 *45'4 46 45^8 45'fe 4534 46 •45 Hi 46 •4414 45 44 Ha 4tHi 44H2 44Hi 44Hj 44H! 59 12 5934 -59 69^4 6914 *59Hj 60 59H2 93 14 943, 92 12 94I4 9339 93 Hi 91 93 Hi 67 *50Hi 6818 6S3ia 42 Hj 42 858 42 »8 Hi 8^4 69 69iiie 43'% 43 SII18 Siiie fl 27 H2 27 »8 48 *4534 44Hj 5934 48»i6 46 '4534 44H2 5978 '*44»8 59 -19 20 * PHILADELPHIA Mid PHILADELPHIA Ask American Cement BeU Telephone Cambria Iron 10 50 50 100 Coke. 100 7 49" Central Coal & Preferred Consol Trac Pitts 50 Preferred 50 Diamond State Steel.. 10 \(< Preferred Easton Con Electric ^.50 Elec Storage Batt 100 Preferred 100 Germantown Pass 50 Harrison Bros pref... 100 Indianapolis St 100 100 Indiana Union Tr In.surance Co of N A.. l(i Inter Sm Po w & Chem. 50 Keystone Telephone ..50 Preferred 58H2 49 H) Berg&EBrwl8t68'21J-J BetlUe Steel 68 1998. y-F Che & D Can 1st 58 '16 J-J Me 1st 5s 1949 J-J Ch Ok & G gen 5s '19 J-J Chocfe "4 By Ist con Ss 1932 ConTracoIN J Ist 63. '33 Little Schuy IkiU 59H: Union Tracton 11912 120 'so" E & A Ist M Elec & Peo Tr stk Eq Gas.L Ist g 58 1928 B Top con 58 '25 A.O H& 26 tr ctfs II Indianapolis By 48.1933 Interstate 48 1943 ..F-A Nav 4Hjs '14.Q-J 1914. Q-F BBS 48 g 26Hi ibijae 101 10114 108 Hi 106 88Hi 89 63 Hi 64 10 12 50 6134 MinehiU& Schuyl H..50 N Haven Iron & Steel. 66 50 Northern Central North Pennsylvania.. 50 Pennsylvania Salt 50 Pennsylvania Steel.. 100 Preferred 100 PliUa Co (Pitts) pref... 50 Phil German & Norris.50 Phila Traction 50 Bailways General 10 Susqueh Iron <fc Steel.. 10 Tidewater Steel 10 Preferred United N J EB <fe C. 100 25 TJnitPow & Trans United Trac Pitts 50 50 Preferred Warwick Iron<fc Steel. 10 100 WeisbachCo West Jersey & SeaSh.50 Westmoreland Coal... 50 ibl"34 3'i2 J-D J-D Consol 6s 1923 Annuity 6a 12534 127 149 151 New Con Gas 5s 1948 J-D Newark Pass con 58 1930 "47" NYPh<$!Nolst48'39J-J Income 48 1939... M-N 46Hj 102 14 NoOhioTraccon68'19.J-J ibo'ii 96 99 Hi 11534 Gen cons 4s 2003. M.N Leh V Trac 1st 48 '29. J-D 104 106 Hi 160 100 3 "134 2 Ist 4s '36.. M-N 6s o 1910.. Var Consol 5s c 1919... Var Penn & Md Steel con 6s. Y Can 78 '06.J-D Pa <fc A-O Con 6s 1939 A-O Con 48 1939 Penn Steel Ist 68 17 -N People's Tr tr certs 48 '43 P Co lst<fe col tr 53'49 M-S Con<fe col tr 58 1951M-N Phil Elec gold trust ctfa. Trust certifs 48 271 3Hj 60 •Bldand asked pnoes; no sales on M 78 1911 J.D U Trac Ind gen 58'19. J-J Un Bys Tr ctts 4s'49J&J U Trac Pit gen 68 '97 J-J Coalife It on. 100 Pref 100 Atlanta & Charlotte. .100 AUan Coast Line BB. 100 Atlan Coast L (Conn) 100 Canton Co 100 Georgia Sou<fc Fla...lOO Ist pref 100 2d pref 100 G-B-S Brewing 100 Mt Vernon Cot Duck Bonds Atlcfc Ch & PotSs Ist 7... 1907 J-J Atlan C Penn gen Atl Coast L(Ct)ctf8 58 J-D Ctfs of indebt 43 J-J 6-20 yr 48 1925 J-J Bait C Pass Ist 6s '11 M-N Bait Fundg 58.1916 M-N tlua day. M U Bx-rlghts. II L BB4»1952M-S Exchange 3 Hj8 1930 J-J & P l8t 68 m r 1 1 A-O Bait Bait Trac Ist 58. .'29 M-N lU No Bait Div 68 1942 J.D 104 Convertible Ss.'Oe M.N 104 Hj 102 Hj 1023< Cent'lBycon58l932 M.N Ext& Imp 58.1932 .M-S 70Hj 71 14 103 Hi 1103, $7-60 paid. t$15 paid. % $10 paid, i 9 Feb SHjJ'ly 3334 Feb 59 '8 Deo Mar 4 Hi Nov Mar 70 Deo '2^8 5 5 's 37'8.Ma) 124 Jan 81 May 08 Deo 1934 Oct 22 J'na BALTIMORE Bid Ask 105Hi 92H! 94 Cliarl Ccfc 119 113 113 106 108 Hi 117 110 114 106 Hi 109 A ext 5s. '09 J-J Sub(Was)l8t5s'48 Coal & I By 1st 58 '20F.A City<fc Col&Grnv 1st 68.1916 J-J Consol Gas 6s... 1910 J-D 1939 J-D GaCar<S;Nlst5sg'29J-J 8438 63 1< Georgia P Ist 6h. ..'22 J.J GaSo & Fla Ist 5s 1945 J -J G-B-S Brew 3-4s 1951M-S 2d income 58 1951 M-N Knoxv Trac 1st 58 •28A-0 LakeB El 1st gu5s'42M-S MetSt(Wash)l8t58'25FA 70 65 9814 Mt Ver Cot Duck Ist 5s. 90 Incomes 160 Npt N&O P Ist 58'38 M-N 163 161 General 5s.... 1941 M-S 390 415 NorfoUc St Ist 58 '44.. J J 95 93 30 37Hj North Cent4Hj8 1925 A.O Series A 58 1926 J-J 97 Hi 102 Series B 6s 1926 J-J 75 68 Pitt Un Trac 53 J-J 1997. 9 8Hi PotoVal Ist 58 1941. .JJ '34 .Sav Fla & West 5h A-O Seaboard AL48 1950A-O IO514 10534 Seab & Koan 5a 1926. J.J South Bound Ist 58..A-0 106 UEl LifeP 1st 4Hjs'29 M.N 101 Hi 102 114 117 92 Hi 94 94 Hj 95 Hi 105 Hj 106 14 117 119 107 108 113 117 119 119 121 10084 101 14 116 .117 14 II8I4 $20 paid. 59i4Deo 4534 QaA Ala 1st con 5s '45 J-J Hi 84 Oct 8 Chas City By 1st 5s '23 J-J Chas By G <fc El os '99 M-S 58 102 99 4333 May tlO'sDeo Jan 19 Nov 19HjMar 4II4 Deo 38 Mar 46 Deo 28 Mar 42H2Deo 115 2d 78 1910 A-O U2Hi City <fc Sub 1st 6s. .'22 J.D 122 104 Deo III4X0V 14HjNot Aug 44 Hi Nor 106 Hj Oct 51 26''8 20 105 BALTimOKE Inactive Stocks '.' 734 11 634 lllHj Welsbach s f os 1930. J-D Wlks-B G&E con58'53J-J 102 No Penn ' 61 Con Feb Mar 9 63 May 19 J'ne 5 1253t>Aprl8 Feb2» 28 Jan 17 6 g '20. A-O ConM 68gl9H....J-D Ex Imp M 4s g '47. A.O ConM of '82 48 '37. J J Terminal 58 g 1941. Q-F P W & B col tr 48 '21. J-J 4934 jMar 9 Jan 9 4614 Mar Ask Bid li's Feb20 17 14 Jan 27 49 Jan 26 25i4Mar 4 no Hj Feb 14 70 Feb 25 534 Jan 17 7334 Marl 48HjMar27 12HiApr27 J36 Aprl7 May20 47 Gen M 48 g 1920.. A&O 104 Hj Ph & Bead 2d 68 '33. A.O Anacostia N 260 E gep. M Ala Cons GenM4Hi8g.1924.y-F Leh V C 1st 5s g '33. .J-J 114H) Leh V ext 4s Ist 1948. J-D M-S 117 2d 7s 1910 50 <fc By con 58 193<) Boch Byife L con 58 '54 J-J Lehigh 9 1,247 3.073 45 42 58 14 90 20 Bochester ill' M-N 58 1920 6U PHILADELPHIA Ask 115 116H! 102 14 10234 110 90 502 50 50 50 50 100 96I4 United Gas Impt 21 WeisbachCo P 46 117 110 ''fl Do Ist prel Do 2dpref 46 4a Col St 16 78 Keystone WatchCase.lOO Lit Brothers Sid Bonils Al Val E ext 78 1910 A-O AmBy3conv58 1911. J-D Atl City 1st 58 g '19. M-N BaUs Ter Ist 58 1926. J-D Inactive Stocks Hj 9514 94 94 51 Un By & El Ist 43 '49 M-S Income 48 1949.. '...J.D Va Mid 1st Os 1906.. M.S 2d series 68 1911... M.S 3d series 68 1916.. M-S 4th ser 3-4-58 1921. M-S 58 1926. M-S Va (State) 38 new '32. J-J Fund debt 2-38 1991 .J-J West N C con 68 1914 J J WesVa C<feP Ist 6g'll J J Wil & Weld 58..1935.J.J 5tl) series llOia 116H! 117 \ H2Hi 113 ; 113 125 115 60 23Hi 104 116 118 77 60 14 29 120 77Hl 92 Hj 95 lllHj 110 119 119 112 118 116 119 li 8-34 114 112 95 Hi 9334 6IH1 "89" 114 97 94 62 102Hj 110 114 1!2 114 II5I4 116 96I4 98 9714 984 110 113 118 119 114 1!21 — —— — . THE CHRONICLE. 26(4 Volume Stocks Week ending June S3 iyu5 Monday ....... Wednesday Thursday Friday Bonds 82.920 J6,739,.'->00 204.9t^0 18,19:^,500 Indianapolis Gaa 1st g 53 1962 395,221 901,899 863,482 875,913 34.503.650 80,624,900 76,286,700 77,591,300 10,000 No Hudson L Exchange 1904 1905 — January Week ending June S3 Sales at Xlew York Stock 1 to $17,000 . $432,400 5^17,000 $1 ,000 BB. and mis. bond s 6,977,800 12,175,500 385,000 13,448,000 $275,400 90.307.100 469,498.900 1,234.200 297,613.000 Total bonds... . .tl9, 170,300 $13,834,000 $560,081,400 .$299,279,600 DAILY TRANSACTIONS AT THE BOSTON AND PHIIMJJELPllXA EXCHANGES 23 76 Pat & Pas Gas & H Cong 5s 1949.... M-S 8105 St Joseph Gas 58 1937. J-J 8 97 »2 Week ending June 23 lAsUd lyuo . Monday Tuesday Wednesday . 35,(»o0 Thursday 25,766 22.141 3,138 7,6J1 16,636 6.227 9,166 109.338 42,788 Total Unlisted shares Listed shares sates HOLID AY 8,318 lb,053 Friday Bond Unlisted shares share' $6 ,000 96,500 29,000 16.000 16,000 11,617 22,756 13,887 40,654 38,645 48,105 $218,500 175,664 1 J-D EleclOO 6s 1926 Telephone Tcleffr TlAmerTeleg<fe Cable 100 iICentral& So Amer. 100 Commer Un Tel (N y).25 Emp <fe Bay State Tel 100 Franklin 100 11Gold<fe Stock 100 Mihs, 1905 Huit.son Biver Teleph 100 UN J Teleph... :00 II North western Teleg. 50 Pacific & Atlantic 25 H Southern & Atlantic 25 Electric Bond sales 3,446 7,160 13,512 36,635 26,984 20,98 J $25,600 43,700 48,100 108.726 $312,940 4i!,000 88,100 65,440 Weekly Review of Outside Market will be found on a preceding page. H& NY Ist 6s NEW YORK CITY Bleeck St & Ful F stk 100 Hist niorl 48 1950 ..J-J 33 95 240 104 36 98 B'waySurll8t58gu 1924 U08 110 2d 58 int as rental 1905 1ICenflCro88t'n8tk..l00 TilstM 63 1922 ...M-K 340 360 ni7 121 10 185 Ust .'45 HB'y <fe 7tli Avestk ..100 107 1I2dmorl 6sl914 ...J-J Exch list Stock 1943 See 58 Con HCenPkN&ERstk.lOO & lOtU St stk 100 Dry D E B & B— flChr't'r 205 175 Col& 9th Ave OS -See Stock Kxch , 58 1932... J-D ^^Sc^ip 58 1914 ....F-A iflst gold 11 Eighth Avenue St... 100 liScrip 68 1914 ....F-A 1I42d&QrStF'y8tk..l00 42dStM & StN AV..100 Hist mort 6s 1910 .M-S fl2d Income 68 1915 J-J InterboioughBapTr.lOO LexAv & Pav F53 See HI : 114 100 386 103 400 50 107 80 202 k Kic Stk E Stk E 185 205 Metropol Securities .S'ee Metropol Street By *ee Ninth Avenue stock. 100 Second Avenue slocklOO Tllslmorl 58 1909 M-N n03 Consol68 1948-.. . F-A «115 Avenue stock 100 170 SSixth on Boulev 6s 1946. .J-J il02 : ctfs 2% to H% perpet Coll trust 5s gold notes 1909 optional M-N Tr 99>a 101 i North Jersey St By 100 202 7fc list X list list 192 210 104 116 178 106 108 SoFerlst 5s 1919. ..A-O U05 Xliird Avenue -See Stock Exch list P <fe M 58 1928 n05 108 Tarry f W yker8StIlli5sl946A-0 & 29th Sts Ist 58 '96 HTwenty-Th'd St stk 100 J-J Deb 6a 1906 Union By Ist 68 1942 F-A 28th We8lcheBtl8t6s'43J-J J106 nl2Hi 114 398 100 {HO HIO 415 101 112 ^i 113 BEOOKLYN Allan Ave 5s 1909. .A-O n02 Con 68 g 1931 A-O 113 Impt 58 See Slock Exc list B B & W K Ds 1933. .A-O 100 103 Vj 114 li Brooklyn City slock... 10 238 Con 08 See Slock ExOi Bkln Crosstu 6s 1908.J-J BknHgt8l8t58 1941 A-O list Seetilk Bklyn Bap Tran See Stk HConey Is. <fe Bklyn ..100 Istcons g4s 1948-.J-J 5s 1939.J-J Brk C & Exch Exch BltlnyCo&Sub N OrSUfcNewl8t68'06F.A Gr'pt&Lorlmer St Ist 6» Kings Co. Elevated let 48 1949 See Stock Nassau Elec pref 6b 1944 325 99 113 100 102 Exch loo 75 110 A-O I8t48l961 See St N Wb*g&Flall8tei4'2h Steinway Ist Os 1922.J-J OTBEB CITIES 102 104 k 101 i-j •240 105 list list 100 116 novh of list 113 list 104 121 N J-.- 100 No Hud Co By 6s'14J-J 5s 1928 J-J Ext 5s 1924 M-N 1911.J-J 82 Ask U3h 11212 381-^ 81 91 Ust 120 70 98 78 83 109 >a 114 no9 no3 ai2 40 95 28 95 76'a 92^2 16 69 165 275 32 t 72 t 95 la 99 105 "4 106 1st 5s 1947 See SUick Consol Gas of J 100 Ist 68 1936 J-J N Exch Uat Buffalo Street By— 892 Istconaoi 68 1931..F-A ni3 114 Consumers' L <& Pow— Deb «8 1917 A.O }106 107 6s 1938 J-D 8110 Chicago City By See C hlcago llHt IjUetrolt City Gas 50 96 Columbus (O) St By. .100 100 101»< Elizabeth Gas Lt Co. . 100 t 270 U 90 h 6 Camden Land 3 lO'i 103 I4II4 10 7 33 78 4i 14i 17 20 4i 42 65 104 4l ....^ 2214 109 94 Hi 300 36 77 105 109 20 30 2 4 3 24 110 160 2? lOSg 26 42 76 25 62 165 11 zl 79 28 67 10 60 101 247e 26^2 Mont & Boston Conaol .6 t Mortgage Bond Co. ..100 116 83 50 50 Mosler Safe Co 100 116 Nat Bank of Cuba. ...100 Nat Ena& Stamp i'eeStk Exch list 5 123 t 67 11^2 69^4 12i 95 241^1 74 102 8 66 94 I t 97 2 63 9 190 266 84 61 6^4 126 76 1134 6934 127 99 25 76 103 66 14 94-4 l"* 105 4 68 12 200 285 Exch Exch list list 35 97 40 99 4'4 29 434 2912 88 Vj 89 Hj t Casualty Co of America Celluloid Co 100 Cent Fireworks com. 100 Preferred 100 Central Foundry 100 Preferred 100 Deb 6s 1919 op 'OlM-N Central Leather (wi). 100 Preferred (w 1) 100 New 68 (w 1) Century Realty 100 Cliesobrough Mfg Co 100 326 Chlc<fe North West rights Preferred loo llOi-ji Kssex <& Hudson Gas 100 127 128 City Investing Co... Colam By con 6s <S'e« Ph Ua Uat Fort Wayne 68 1926. .J-J 40 48 llCUifliu (H B) com.. ..100 CroMt'wn l8t68'33.J-D 108 Uasifc El Bergen Co. .100 00 62 lllst preferred 100 Grand Baplda Hy 100 69 63 Grand Bapida Gas 1I2d preferred 100 Preferred loo 89 UlBt 68 1916 F-A }10l 104 Colo InduatriaL See Stoc Lake hi (Chic) Kl Set C litcago lint Hudson Co Gas 100 llOVj U2 I Bujcr pays aocrueU mteresU 1Prlo« p« sUmo. ttial* prlo^ a Ex rlgUta. xax OlT, INew stock. Sella H 10 35 7 International SUver.lOO 47 Preferred 100 1st 68 1948. J-D 810642 16 4i 16 '4 Lanston Monotype 20 Lawyer.s Mort Insur.lOO 170 180 35 1lLeh<fc Wilkesb Coal. 50 Lord <fe Taylor 100 109 42 115 102^4 104 Preferred loO ITLonllard (P)pref ...100 145 39 4l Mack iv Companies ..100 39 72 73 Preferred loO 20 25 Ma<lisou Sq Garden. .100 70 90 2d 68 1919 M.N 13 942 HManhatt Beach Co. 100 3 Manhattan Transit 20 7 Mex Nat Construe. pflOO 10 Monongahela R Coal. .50 24 4j Preferred 50 IINew Central Coal British Col Copper 2"« 24 200 8102 Iatg63l951 Industrial and Miscel & 19 70 6 t Borden's Cond MUk.. 100 Preferred 100 Biughamton Gas 5s 1938 8 97 100 Brooklyn Union Gas deb 68 1909 conv '07-. .M-S 170 6 '4 Butlalo City Gas stocklOO 7 101 60 96 29 96 71 165 , ' 1 Intornat'lBankingColOO Int'n'l Merc Marine. 100 Preferred 100 Col tr deb 4 '2l922op'07 International Salt 100 111 100 Va<Si South western. .100 Algoma Cop =*!« 1093i 2'2 106 92 65'* 36 24 Hi 27 33 38 80 hi 81 100 100 Oil Preferred Hudson Realty National Surety 127 104 CITIES Light & Tract- 100 Preferred 100 Bay State Gas 50 Houston 77 02 2h NY& Amer i^ Hoboken Land & ImplOO 115s 1910 M.N Railroad Chic Peo & St L pref.lOO Deposited stock Undeposited stock Priorlieng4ii2s'30Mi&S Con mtg g 58 1930. J&J Income 58 1930 IIFort Wortli <fe Denver City stamped 100 Northern Securities.. 100 Stubs Pitts Bess cfc L E 60 Preferred 50 Seaboard Air Line CoUtr5sl907 op. ..M-S New common (w i) New 1st pret (w 1) New 2d pref (w 1) 255 26 J76 125 3h. M-N Smelt 8105 107 AUiance Realty 100 Pat City con 6s '31. J-D 8124 HAmer Bank Note Co. 50 2d 6s. ...1914 opt A-O jJlOO American Can com... 100 So Side El (Chic) See C hicago Ust Preferred 100 Syracuse Bap Tr 5s 1946 8108 109 American Chicle Co.. 100 Trent P & H 58 1943J-D 8103 106 Preferred 100 United Bys of StL— Am I ce Secunt's ( w i) 100 30 14 Com vot tr ctfs 30 100 Debenture 6s 81 14 Am MaltingOs 1914.J-D TJPreferred 81 100 Gen 48 1934....SeeStk Exch list American Marble 100 UnitRysSanFran jSeeStk Excli list ist conv g 53 1914 -MS Wash By <fe El Co.. ..100 34^8 35 American Nickel lo Preferred 90 100 Whi Amer Press Assoc'n.lOO 48 1951 J-D 891* 89^4 Am Soda Foun com. .100 45 TlWest Chicago St ....100 50 1st preferred 100 68 1936. ...M-N UCong 85 2d preferred 100 American Surety 50 Am Tobacco (new) com Pr ef d See Stock Gas Securities 4s and 6s /S'ee Stk NEW YORK Am Typefo'rs com. ..100 Cent Union Gas Ist 58... 8107 109 Preferred 100 Con Gas (N Y) stk. See St k Exc h Ust Amer Writing Paper. 100 Conv deb 68 ctfs SeeStk Exch Ust Preferred 100 TlMutual Gas 100 290 300 J-J 58 1919 New Amsterdam (J^as Arizona Con Mining.. .50 Ist consol 58 1948. .J-J 5111 112 Baldomero Mining 5 N Y <fe East Biver Gas— 1|Barney«fcSmCar ...100 1st 58 1944 J-J 8113 115 100 1J Preferred Consol 5s 1945 J-J 8109 112 Bethl'm Steel Corp. ..100 Richmond Qas.lOO 35 Preferred 100 Nor Un 1st 58 1927. M-N 8105 108 CoU,tr.g.8.f. 68 1914.. 130 150 Bliss Company com 60 11 Standard Gas com ..100 llPreferred 100 155 170 Preferred 50 ist 68 1930 M-N 109 112 Bond& Mtg Guar. ...100 OTHER Exc h 101 ni9 1933 J-D New'k Pas By 5s '30J-J Rapid lYan St By.. 100 l8t58 1921 A-O J C Hob& PatersonlOO 4s g 1949 M-N So J Gas El & Trac 100 Gug58 1953 M-S 1st 58 109 85 «97 29 «77ia Cons Trac 410 70 69 M-N let 48 1948 116 102 400 X Street Railwaya Bid HLouLsv St5sl930..J&J iirs Lynn<fc Bos Ist 5s '24. J-D nio New Orl Bys Co (w i) 100 38 Preferren (w 1) 80 100 New4Hj8 (w i) S90 North Chic Street ,S'ee C hicago Pub Serv Corp of N JlOO 115 100 100 2d preferred N Y & E R Ferry stk. 100 Ist 5s 1922 M-N N y& Hob con 5s'46.J-D Hob Fy Ist 5s 1946 M-N N Y >r J 1st 5s 1946.J-J Tll8t5sl920 Ask 85 106 1st preferred 106 72 91 8109 8110 8106 80 43» Greene Con.sol Gold... 10 t 4's 9 Greene Gold-Silver.... 10 t 7'.,^ 26 HackensackM ea<lo ws 1 00 23 Hackeusack Water Co— 9619 Ret g 48 52 op 12. ..J-J {94 90 91 Hall Signal Co 100 Havana Commercial. 100 12 171 128 Ferry Companies Brooklyn Ferry stocklOO AsM 65 85 ConsolidCar Heating 100 60 16 TICona Firew'ks com .100 UPreferred 67 100 514 Cons Ry Ltg&Refng.lOO Conaol Rubber Tire.. 100 l\ 22 Debenture 4a Cons Storage BatterylOo Cramps' SlicfeEn BldglOO :io lOH llCrucible Steel 100 61»8 UPreferred 100 101 Cuban 6s of 1896 1 lllSi Del <fc Hud.son rights IJDiamond Alatch Co. 100 140 Dominion Securities. 100 Douglas Copper 5 t Electric Boat 29 100 78 72 Preferred 100 106 Electric Lead Reduo'n.50 t % 100 Preferred 50 t. Electric Velucle 154) 100 20 Preferred 100 93 Electro-Pneum'ic TranlO t % Ola 127 Empire Steel 100 35 Preferred 100 60 85 IIGeneral Chemical ..100 UPreferred 100 102 126 Ga & Tenn Copper 5 Gold Hill Copper 1 \""K 22 95 Greene Con Copper. ..10 Hernng-HaU-MarvlnlOO Transi) Ist 58 1906M-N loth & 23d Sts Ferry 100 1st raort 5s 1919.. .J-D HUnion Ferry stock .100 Outside Securities sf^ 93 167 125 80 102 Bid 101 60 103 105 35 29 110 137 91 Companies NY & SoBlykn Perry <feSt Street llnilways 115 80 47 121 Y&N <fe A 90 120 Industrial and .lliscel Col & Hock CoalA I pf 1 00 Ist g 58 1917 J-J Compreased Air Co... 100 Chicago Edison Co See C hicago list Preterred UKingsCo El L&P Co 100 178 185 100 Havana Tobacco Co.. 100 Xarragan (Prov) El Co 50 (a;loO 103 Preferred N Y <fe Q El L & PowColOO 50 58 100 80 89 l.st g 5s June 1 '22. J-D Preferred 100 25 HeckerJones-Jew'! JMiU United Electric of N J 1 00 lsl6.s 1922 M-S 48 1949 J-D 874='4 75 1^ Philadelphia Boston 3 & 1904 i State bonds A-O 8110 . 133.919.119 50,340,283 1,175.102 3.324,395 Stocks No.shares t.293,939,550 $113,717,900 $12,467,448,275 $4,685,437,526 Par value $358,0)0 $465,600 $32,800 $9,500 Bank shares, par. BONDS OoTernmentbond.3 97 40 HO & Ind C Nat & lU 100 June 33 1905 81 i H & Pow— 08 1938 $12,175,500 $6,977,800 3.324.395 $293,939,550 50 A-O 97 30 Log&WabVlst6s'25.J-D 24 Madison Gas 68 1926. A-O 8106 Newark Gas 68 1944-Q J 8136 Newark Consol Gas. .100 90 S-D 8111 llCon g58 1948 l.st Total A-O 100 IILaclede Gas 100 UPreferred 100 Lafay'eGaslst68'24.M-N $7,000 1.393,500 1,078.500 1,011.500 594,000 1,321,800 1,979,000 1,553.000 3.081,000 2,817,000 1,978,500 Ask 25 35 70 104 12 105 50 Jackson Gaa Co 03 g 1937 Kansas City Gaa Bonds 767.000 $1,578,500 $ Bid M-N Ist 6s 1908 U S State die Bonds Par value Shares Saturday Sailroad [Vol. lxxx. Gas Securities Indiana Nat & IB Gas— Business at Stock Exchanges of TBANSACJTIONS AT THK NEW YORK STOCK EXCHANQE DAILY. WEEKLY AND YEARLY Tuesday 1. 291, "if" 2934 2 125 42 105 175 23 66 4i 100 20 N Y Biscuit 6s 1911. M-S N Y Mtge& Security. 100 HNew York Dock 100 UPreferred 100 N Y Transportation... 20 Nor Am Lum'r & PulplOO liOutario SUver 100 Otis Elevator com 100 Preferred 100 Phoenix Mining 1 Pittsburg Brewing 50 Preferred 50 Pittsburg Coal See Stock Pope Manufacturing.lOO Ist preferred 100 2d preferred 100 Pratt <fe Whitn pref.. 100 Bealty Assoc (Bklyn)lOO Boyal Bak Powd pref. 100 BusseU <fe Erwin 25 Safety Car Heat <fe Lt 100 Singer Mfg Co 100 Standard Coupler comlOO Preferred 100 Standard MilUng Co. 100 Preferred 100 5s »8 120 100 \ 8 on Stook £xohang^ • 25 673* 84i l"* 104 40. 5e. t 26 '4 26 4j f 4634 Exch list 6 7 74 20 100 156 108 78 21 160* 110 63 260 650 61 250 630 25 120 742 29 76 620 N l>ut ttot 180*' 3 y 52 108 I 50 Standard Oil of J. .100 Storage Power 50 Switt & Co See Boston St k Exc 1st 58 1910-1914. ...J J 810242 Tennessee Copper 26 f 26 76 IITexas & Paoilic Coal 100 Ist 6s 1908 A.O 8105 1874j Title Ins Co of NY. .100 Tonapah Min (Nevada). f 1342 17 Trenton Potteries com 100 93 Preferred new 100 23 130 29 "u 30 75 Ki 77 103 140 160 130 145 400 410 150 Hi 153 113>.. Trow Directory new. .100 112 10 6h 63, Union Copper f 1 '18 f Ho Union Typewr com.. 100 140 145 let preferred 100 2d i)ref erred 128 132 100 15 20 100 U. S. Casualty ColU)U Duck 100 67 71 S U 3'4 3'2 U S Envetopo com...lOO UPreferretf 20 100 18 75 78 U S Steel Coi-poration— 4434 i5h Col trsf58 'Slept '11 . 103 Hi 104 Col tr 8 158 '61 not opt. 89834- 99 U 8 Tit Gu<fc ludem.lOO Universal Fire Exfr. 100 155 163 440 480 Universal Tobacco. ..100 100 14 Preferred i Weatchester & Bronx 106 110 106 110 Title & Mort Guar Co 99 Westingh Air Brake.. 60 96 White Knob Mln (w 1).. 100 Preferred (w 1) k Kx tut Worthing Pump pref.lOO 135 45 9 , sa 79 624 . h'ge 103 If 26 85 110 192 14 19 97 65 "^ t 80 116 113 200 83 120 116 ; ; 17 90 92 8112 8112 124 127 6 7 168 tl44 175 1 a^ 119 121 i a very active geciirlf/ — . .. June . 1 .. .. .... THE CHRONICLE 24, 1905. | 2615 and l^ailroad |titjelligenx:e« RAILROAD GROSS EARNINGS. Inxrjestmjetxt The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two columns the earnings for the period from July I to and including sucli latest week 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 The returns of the street railways are brought together separately on a subsequent page. period. LatMl Qrogs Earnings ROADS Week or Month. Ala Qt Southern. Istwk J'ne Ala N O & Texa^ t^aeiiio. NO & No East. 4th wk May Ala & Vioksb'jj 4thwkMay 4thwkMay VickBb 8h & P. Allegheny Valley April. Ann Arbor AtohTop&SFe. Atlanta & Char.. Atlantic &Btr... Atl Coast Line... Bait & Ann S L>. Bait & Ohio Bangor & Arooet Bellefonte Ceut'J Brldgt & Saco R. ButtRooh& flctb Buttalo (feSuBQ... CallSorthw'n. Canadian North.. Canadian Pad tic Cent'l of Geor«in Cent'lofN Jerse.^ Chattan South'n. Cbesap &. Oliio... Chlo& Alton Ry. Ohio Gt Western ChlcInd&L'v... Chlo Milw & 8t f Chic& North W PM &0. Chic St Chlo Term Tr RK Oin N O & T Pao. CI Cln Ch & 8t L. Peoria (feEast'n Colorado <& South Col Newb A Lau. Copper Range.... Cornwall Cornwall ALeb.. Denv. A Rio Gr, . Det & Maclilnao. Detroit Tol. & Ir. DulSoSh&Atl.. Brio •.•••••..•••. F'rchild&N'r'e'n FarniT & Powhat Fon Johnst& Gl. Ft W & Denv City Georgia RR 6a South & Fla.. Gr Trunk Systeui GrTr. West'n DetGrH&M.. Great Northern.. Montana Cent'J Total system. Gulf&ShipIsland Hocking Valley.. Illinois Central.. lUlnois Southern IndIU& Iowa... Int & GtNorth'ii llnteroc(Mex)... Iowa Central Kanawha & Mlcli Kan City South'n LakeEne&Westn Lehigh Val RR.. Lexlng & East'n. Long Island Louisiana & Ark. Louisv <fe Nashv. Macon & Birm... Man'teeik Gr. tiap Manis <& No £as; Manistique Maryl'd <te Penn.. JMexican Cent'l.. j.Mexican litem. (Mexican Ry JMexicanbouth'u Millen it So'w'n. Mineral Range.. MViueap it St L Mo K.an TexatMo Pac & Iron Mi <fe Central Branch Total Current Year 1 to Current Year Previov^ Year 59,346 91,188 44,865 48,528 July 56,039 ROADS f^evious Year MStPA 3d week Mar. 4th week Mar. (48 roads). (49 roads). week Apr. 43 roads). week Apr. (42 roads). week Apr. (43 roads). 4th week Apr. (40 roads). Ist week May (42 roads) 2d week .May (42 roads).. 3d week May (41 roads). 4th week May (46 roads). 1st week June 42 roads). 2d week June (38 roads). Ist 2d 3d '- 1 Month July Current Year Previous Year S $ Date I to Latest Previous Year Current Year StM. 2dwk June Mob Jack & K 0. WkJ'ne 3 68,115 2.326,108 2,236,639 Gulf&Chlo Dlv. 37,102 1,258,410 1,194.405 M;obile& Ohio... 2 dwk June 3,095,708 2,894,589 41.208 1,321,743 65,348 36,110 1,832,708 5,619,278 56,649,953 332.146 2,804,50!) 55,419 837,835 1,759,071 18,168,081 14,970 133,997 5,242,966 61,921,894 177,240 1,777,680 4,865 51.307 2,841 37,958 160,727 7,728,655 74,96i 924.538 133,815 1.391.683 67,900 3,650.100 987.000 47,989,723 147.500 9,725,116 1,924,915 20.673,526 115,214 1,860 1,641,959 17.075,335 783,172 10,028,702 144,792 7,254,120 102.351 5,325.317 163,599 126,780 8,205,668 6,574,570 590,118 475,550 11.118 12,121 143.004 126,383 7.821,992 7,362,606 857.180 845,251 9,284,198 9,335.295 NashCh <feSt L.. May.. 234.776 214,592 11,183,779 10,990,552 ;Nat'l RRof Mex 2dwk June 199,67" 173.85920,30) 18,262 Nev-Oal-Oregon vlay 28,828 25,658 3,311 1.901 Nevada Central. tVpril 7.137,502 6,369,999 74,236,108 71.130,848 HudRlv May N 590.554 534,303 5,747.091 5,439,613 -V Y Ont<& West. April 246.652 231,998 2,240,044 2,148,605 N Y Susq & Wesi April Norfolk & West'i: Aiiril...... 2,098,520 1,909,651 19,697,413 13,811,476 858,702 898,602 8,515,681 8,353,881 Northern Central April. 4,403.244 3,71'1,114 47,229,037 43,414,283 North'n Pacltlo.. May 172,900 165,784 15.870 16.692 Ohio Riv<fe West.. \prll 475,504 442.969 5,056,604 4,788,765 Pacltlo Coast Co VpiU 10855677 10368277 100847097 99,283,097 ePenn— EastPAt April Inc.-Z:Zi 4,100 Inc. 2 73,900 eWest P & E. . April Pere Marquette. 2d wk Mar 237.091 216,491 8,959,681 7,>^20,042 1,208.673 1,181,973 11.488.474 11.156.574 PhilaBalt&W'sli April 632,566 620,620 6,368,136 6,277.020 Phlla <fc Erie April 2,117,589 1,962,251 22,788.028 22,316,187 Pittsb C C & St 1 May 41,073 42,328 4,809 4.336 Raleigh & O Fear April.... 3,320,457 3,228,417 30,453,680 28,943,104 Reading Railway April 4,610.535 4,450,207 29,721,66 28,877,326 Coal&IrCo.... April 7,930.992 7.678,921 60,175.347 57,820.430 Total Both Cos April.... 158,337 159,927 1,225.709 1,176,757 Rich Fr'ksb & P April... 469.296 492,947 47,798 42,460 Rio Grande Jot.. April 44l,645J 452,676 7,580 8,725 Rio Grande So... 2d wk June 3,289,652 3.088.339 36,790.72 38,550,649 RooklBl'd Sya.. ApiU.... 1,847,116 1,809,92(> Rutland RR March... 108,212 93,955 1.056.207 1,115,967 St Joa &Grl Apill 2,955,991 2,622,040 32,296,994 30,232.447 StL&San Frano AprU St L Southwest 2d wk June 176,920 128,670 8,492,663 7,358.353 1.189,044 1,092,078 11,217,814 10,663,353 Seaboard Air L. April. 95,96- 1,270,888 1,182,865 100,992 Southern Ind May........ 8,234,516 7,439,616 79,305,629 78,538,177 So Pacltlo Co 6... April Southern RaUw'y 2a wk June 859,732 796,66t 45,935,520 43,258,193 793,497 714,334 12,180 8,4^5 Texas Central . . 2dwk June Texas & Paoitlc. 2d wk June 180.203 157.458 12,159,327 11,533,135 96,200 102,100 12,000 16,100 TexS W .. January 238.845 220,022 3,180,128 2,987,922: Tol & Ohio Cent April 1.250,310 1.216,630 TolPA West .... 2d wk June 23,560 25,995 71.809 60,708 3,562,658 3,151,870 TolStL&W 2dwkJune 610.375 599.382 57,783 63,947 Tor Ham & BiiH. May 4,781,682 4,159,027 49,388,318 46,110,093 Un Pac System . AprU Vandalla RR.— 348.679 330,098 St. Louis Dlv.. January.. 417,308 379.556 61,196 48,117 Terre H. «& Peo. January.. 610.033 557,356 65,829 46,250 Virginia* So W'n May Wabash 2d wk June 436,288 453,031 23,631,360 21,869,450 3,595,9.84 3,561.684 363.614 314,71 Jersey & Sea'e April.... 91,37it 4,340,674 4,102,239^ Wheel & LE 2d wk June 111.695 139,899 14,140 12,357 138.776 Wm'sport&N.Br. April.... 549,381 531,360 5,490,220 5,402,651 Wisconsin Cent.. AprU 165.95 c 10.657 151.302 15,090 Wrightsv & T'n.. April.... 560,560 581,444 8,066,998 7.303,564 Yazoo & Miss. V. May 8 YC& . . V&N W VARIOUS FISCAL YEARS Jan. Atlantic Birmingham Bellefonte Central Cl C. O. & St. Louis Deo. Jan. Mar. & Peoria & .Ian. Eastern & International Gt North'n. Interoueanic of Mex oo Lake Erie Westeia Manistee North Eastern.. Mani.stique & & Maryland & Pennsylvania., Mexican International iMexican liaUway {Mexican Southern t .. .. 7,853,800 11,643,059 6,990.950 7,20<i,788 7,203,724 9,659,903 6.963,872 7,164.329 7,177,961 10,851,080 7.201.591 7,173,905 6 Inoludes the Hous. t Mexican currency. the Chicago & Eastern Illinois in both years. Included in 1905 since Jan. 1. & Tex. Ac Rio Grande Junction Jan. Jan. _an. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Jan. Dec. Texas Ian. Central Branch Total tNational RR of Mexico New York Central Northern Central ePeunsy., East of P eWestotP&E &E & Wash & Erie & St Louis PhUa Baltimore Philadelphia Pitts Ciu Chic & Pacilic est Jersey Seashore & +673,588 8-58 Month June 1904 1104 Month July 1904 +680,032 9-71 Month Aug. 1904 + 666.318 9-25 Month Sept. 1904 4 691,751 9-59 Month Oct. 1904 +542,667 5-62 Month Nov. 1904 Month Dec. 1904 +432,446 62 + 503,481 7-02 Month Jan. 1905 5"76 Mouth Feb. 1W05 4413,460 + 1,247,418 11-49 Mouth Mar. 1905 "55 +399.541 5 Month Apr. 1905 4414,538 5-77 Month May 1905 + 1,285,199 Jan. & Nortnern Included 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 Apr. 30 Mar. 31 Apr. 30 31 Apr. 30 Apr. 30 June 14 May Previous Year Inc. $26 8,031 $360,250 $332,146 418,484 288,127 23,846 24,802 6,543,670 6,185,194 887,302 988,983 2,564,599 2,176,481 2,924,321 2,984,776 June 14 June 30 2,277,854 2,325,228 157.578 150,577 Apr. 30 May May Apr. June June June Jime Juno June May Apr. Apr. Apr. Apr. Apr. May Apr. Jane Apr. 31 27,4>i3 85,002 30 2,164,773 3 2,666.800 540,135 7 14 17,212,766 678,275 14 14' 17,891,041 14 5,514,001 31 32,135,702 30 3.105,827 30 39,397,579 30 Inc. 1.6 30 4.457,036 30 2,160.490 31 10.297.583 30 205,577 14 5,162,973 30 1.0b3,fc78 31 27.847 76,686 2,431.782 2,729,100 542,197 17,678,242 731,174 18,409,410 5,393,914 29,921,429 3,083,727 36,811,979 13,200 4,130,736 2,io3.8;;6 9,597.211 216.264 5,023,913 1.025.978 ITIonthly. Current Year I^eviousY'ar Inc. or Dee. xP.G $ (108 (125 (122 (124 (124 (124 (123 (116 (117 (118 (115 ( 53 Cent, and its subsid. lines In both years. Atlanta Knoxville Mar. Jan. an. AGCrKEGATES OF GKOSS EAR <> NGS— Weekly aad MONTHLY SUMMARIES Current Year Previous yar Inc. or Dec. P.C' 8,527,388 12,928,258 7.670,982 7,870,106 7,900,475 10,152,570 7.396,318 7,667,810 7.591.421 12,098,498 7,601,132 7,588,443 Jan. Jan. Jan. Jan. Jan. Jan. Jan. .Missouri Pacitic Current Year Period Allegheny Valley Atlanta & Charl Air Line \. WEEKLY SUMMARIES Week or 1,328,626 36,257 2awkJune 30,993 1,860.273 April 5.99«,f596 57,715,249 360.250 March. . 2,706.550 April 80,292 564.534 April.... 1,997.905 16,958,049 13.70y AprU.... 137.290 May 5,840.175 59,689,182 April.... 189,021 1,708.658 Oilay 4,245 61,748 2,933 April 37.291 •idwk Junt 161,651 7,162,581 April 100,582 797,405 130.271 \lay.. . 1,332.839 84,800 2d wk June 2,959,200 JdwkJune 992.000 44.031,641 °2dwk J une 165,100 »,03J,448 -May 2,113,292 19,795,680 2dwk June 2 45;. 106,427 April.... 1.673,776 15.941,866 April.... 786,38y 9,626.756 iuwk June 140,394 7,817,096 2dwk June 110,328 5.049,883 S.862,358 .?,626,635 41.742. J135 40,932,700 April May 4.603,857 J,835,909 00,700,457 48.954,075 April 869,575 769.163 10.047.077 9,791,554 2a wk June 32,630 30.950 1,465.343 1,501,355 Istwk J'ne 132,888 121.228 6,869,801 6,316,036 April 1,614,807 1,637,537 18,684.95'i 17.255,326 April 184.846 252.94i. 2,414,823 2,534,999 2dwkjun- 129,649 113,440 5,879,038 5.483,220 20,585 14,243 196,407 AprU 196,037 504,050 April -... 50,572 43.463 421,474 5.57b April 20.476 68,120 61.810 April 30.08s 222,740 21,305 201,706 2awkJune 344.00U 308,700 16,136,775 15,637,284 April 91,714 820,652 91,903 80y.050 4tnwkMaj 38.520 29,336 l,335,30ii 1.392.947 54,924 51,469 2,362,487 2.399.784 2d wk June April 3,816,589 3,816,263 37,261.755 37,239.498 April 4.02U 32,00;; 3,384 30.135 April 8,945 73.051 8.198 67.438 April 62,611 55.919 592,525 557,747 April 183,243 154,07o 2,107,265 2.169.009 201.31'^ Apiil 170.900 2,092,20:^ 2,090,171 131,l-±i 129,544 1,563,862 1,559.393 May 2dwk June 663,85^ 712,605 33,269,871 32,524,042 8o,3yo Istwk J'ne 88,288 4,784,367 4,995,976 istwk J'ne 20,317 25,160 1,336,856 1,163,205 May 3,460,373 2.832.410 38,047.480 35,709.911 207,220 212,233 2,194,382 2,131.943 aay May 3,667,593 3,04t,64o 40.241.868 37,841,854 36,:<49 2dwk Junt 33.611 1.791,041 1,756,151 447.56r 370,05-- 4,959,055 4.852,621 April May 3,642,22 3,794,562 45.219.09y 42,806,909 252,487 22,858 22,439 228,905 May 1,793.65.; 1,615.814 June 97',440 6,039.281 5,511.687 2dwk June 107,260 2d wk June 111,570 126,690 5,782.258 5,768.121 52,191 49,506 2,463,832 2,272,842 2dwk June 137,43i> April 126,401 1.456.759 1,381,651 554,615 502,483 5,526,932 5,447,594 April 4,923.617 5,096,211 June April 2,638,997 2,59i",75'5 5,506,644 24,572,106 377,837 40,603 428,385 April 36,760 IhC. Inc. 475,501 April 94,435 661,432 573,804 April 71,640 65.322 2d wk June 753,425 H 704.805 36,795,142 35.536,040 123,322 123,499 May 9.657 8,462 34,187 37,332 4,282 5,802 November 34,32'-/ 356,229 340,692 April 35,964 74.933 68,174 8.550 7,150 May 283,419 297,481 30,044 May 25,735 April 2,270,240 2.347,081 1.418,237 21,562.466 522,308 597,924 5,494.363 5.803,055 April VVkJ'ne 3 120.000 106,000 5,548.300 5,479,500 21,16Si 1,090,316 1,069,867 Istwk J'ne 21,707 5.819 March 7,402 651,578 560,204 14,488 12,314 2dwk June dwk June 66,25a 54,475 2,886.2<i3 2,713,750 t:dwk June 341,792 325,386 19,273,534 16,914.529 2dwk June 730,000 676,000 39,715,760 39,681,527 2dwk June 22,000 1,510,275 1,700,174 31,000 2dwB June 761,000 698,000 41,226,035 41,381,701 Inc. Latest dross Jiaminga Latest Date rds.) rds.) rds.) rds.) rds.) rds. rds.) rds.) rds.) rds.) rds.) rds.) I e 113,351,491' 114,260,175 132,242,621, 139,712,599 145,292.493 144,558,473 151,475,024' 147.338,536 159,732,9591 154,758,622 —928 0840-81 —7,469, 978 5-35 + 734.'020 0-51 +4,136 488 2-81 + 4,974, 337 3-21 154,304.117 140,909,470 + 13.394, 641 9-51 146,748,102 136,889.640 +9.858, 462 7-20 127,073,058 119,220,07.~ +7,852 980 6-58 113.714,506 117,252,135 —3,537 629 3-01 143,622,857 130.879,540 fl2,743. 31l|9-73 136,595.868 127,237,317 49,358 5517-35 48,367,104 44,543,71b +3,823,:386 8-58 1 Covers Unes directly operated, In botti years slnoe AprU 1; it fr Includes had previously bee:i — . — . ... . L«te8t b^ross £arnlnga by Weeks.— In the table whlob follows we sum up leparately the earnings for the second The table covers 38 roads and shows week of Jnne 5-77 per cent increase in the aggregate over the same week last year. 1905. 2d week of June. Ajm Arbor Rooh. A .•. PlttBb'j:. Canadian Nortnem Canadian Paoiflo General ot G^orcria Chattanooga Boathem. CluoaRO wreat Weetem. . Oblo. tnd'pllB (b LoulBV.. Ohio. Term. Transfer & Southern Denrer A Bio Grande . .MX.. Dnluth 8o. Shore A Atl. Grand Tmnk of Can, Colorado - Grand Trnnt West Det.Qd. Hav. & MUw GnU & Shis Island International & ot.So.. Interooeanlc ot Mexico.. Iowa central & Louisville Nashville.. Mineral Banee Minneapolis & St. Lonls. Minn. St. P. & 8. 8te. M.. Mo. Kansas & Texas Mo. Paolfio A Iron Mt . Central Branch Mob. Jackson A K. City. Mobile dc Ohio National BB. of Mexico. Bio Grtmde Southern... St. liOD is Southwestern . Boathem Ballway ...«,. Texas Central..... Texas & Pacific Toledo Peoria A West'n Toledo St. L. A West . -. Wabash ..... ... Wheeling . .. . A Lak e Erie. . S S0,99S 1904. 344,000 54,924 36,110 160,727 67.900 987,000 147,500 1,860 144,792 102,361 80.950 113,440 308,700 51,469 663,858 712,605 36,349 107,260 111,570 52,191 753,425 14,488 66,258 163,699 841,792 730,000 31.000 33.611 im,651 81,800 992,000 165,100 2,452 140,894 110.32P 32,636 129,fi49 97,440 126,690 49,506 704,805 12,314 54,476 128,780 326,386 676,000 22,000 119,919 117,462 148,064 234,776 7,680 176,920 859,732 12,180 180.20S 23.560 71,809 436.288 111,695 126.383 214,592 increcue. Osertatt. 6,117 "4,398 ""7,977 1,686 16,209 35,300 3,455 48,747 2,788 9,820 15',r20 2,686 48,620 2,174 11,783 36,819 16,406 51,000 9.000 2,457 16,681 20,184 8,425 167.458 25,995 60,708 453,031 91,379 3,755 22,745 7,588,448 Total (38 roads) Net increase (6'77 7,173.905 p.c. Tear,. Tear. $ Cent, of N. Jersey. .May 11701,252 11597,087 July 1 to May 31. ...118,773,351 115,807,829 Copper Bange Apr. 8,437 8,437 July 1 to Apr. 8u 84,374 76,686 May May 81 81. .„ Cuyahoga Telep.Co.May Maryland & Penn..May Mar. 1 to May 3i N. Y. A Ottawa— JajL 1 to Mar. 31.... July 1 to Mar. 31.... Pittab. Shawmut & No.— Jan. 1 to Mar. 31.... 22.805 48,370 106,512 12,064 3,833 11.600 Raqnette Lake Jan. 1 to Mar. 31 July 1 to Mar. 31,... BioGrande Junot. Apr. Dec. 1 to Apr. 30 Texas Central May July 1 to May Si United States Telephone Co. (Cleveland)... May July 1 to Apr. 30,... 1905. 1904. '16,743 Previously rep'd(38 rd's) Alabama Gt. Southern.. Gin. N. O. <fe Texas Pac Mexican KaUway Mexican Southern Total (42 roads)......... Net Increase {5-55 7,267,191 59,346 182,888 11120,000 21,707 6,897,165 56,029 121,228 IT 106,000 21,169 486,332 7,601,132 7,201,591 615,847 399,541 p. o.).. f Figures are lor week ending Juae 93,705 Decrease. 9 116,306 538 116,306 -Net Earnings, Current Tear Soads. $ $ 977,924 Cent.of N. Jersey.b.May 2,113,292 1,924,915 July 1 to May 31... 20,673,520 19,795,680 9,836,862 10,044 def.519 Ohait'n'ga SoDth.aMay 9,938 10:{,660 July 1 to May 31-... 110,686 7,050 22,114 Copper Bange. a ..Apr. 50,572 43,463 421,474 200.932 July 1 to Apr. 3o.... 504,650 Oumberlaud Telephone & Telegraph Co. a.. May 322,137 131,168 373,837 648,060 276,162 Apr. 1 to May 31..., 755,746 730,929 Jan. 110 May 31.... 1,870,309 1,616,702 Cuyahoga Telep.Co.May 34,712 21,719 47,260 Maryland & Peur May 9,840 30,044 25,735 Mar. Ito May 81..., 27,890 85,002 76,686 N. Y. & Ottawa faJan. 1 to Mar. 31 28.052 22,752 def.2,859 July 1 to Mar. 31..-. 119,916 91,571 16,591 Paolflc Coast Co. a.Apr. 113,199 479,504 442,969 July 1 to Apr. 31).... 5,056.604 4,788,765 1,009,230 Pitts. C.C.& St. L.aMay 498,132 2,117,589 1,962,251 Jan. 1 to May 31. ...10,297,583 9,597,211 2.039,790 - Pitts. . Previous Tear, $ 840,436 iJbany A Hudson ... April American B'ys. Co.D- May Anr. Elgin A Chic. B; May Blnghamton By May Boston A Worcester.. April Burlingt'n (Vt.) Trao May July 1 to May 31.... United States Telephone Co. (Cleveland). ..Apr. & So'thw.bMay Ohloago dc Mil. A Oak Elec 7.240 ''def.2.609 def.14,416 5,781 def.14,876 15,480 71,834 71,085 det.89,354 *df.64,664 3,162 11,263 8,333 41,666 2,583 28,416 3,125 *def.2,937 *def.4,434 11,452 *def.8,871 df.*ll,792 8,833 6,006 4,405 39,166 20,006 28,712 2.583 2,699 896 28,416 239,315 154,530 9,147 2,888 28,304 7,893 2,730 27,745 7,803 8,838 2,097 18,938 def.2,351 def.5.623 Park...c. May ^ay May Jan. 1 to Latest Dat» Ourrent Itar. Tsar. 9 % 9 9 Sl.l.'i? 21,122 19,780 75.087 126.914 119.829 dl,F 32,660 dl,S76,061 53,071 41,778 137,-,i02 180, 99 23.276 21,217 97,277 88,938 32,78!26,823 28,97*9 7,088 27.370 7,471 142,585 322,969 1,712,903 1,202.195 50,63t 45,124 210,806 197,549 44,212 3*,476 158.754 122,413 69,394 64,137 340,120 322,821 < By. A Lighi (Muscatine, Iowa).. May 9,522 47,028 Olcve. A So. W.Tr.Oo. May May 20.681 Oleve. Painsv. &E... Detroit United By..B 2dwk Jane 99,686 Ry... 2kwk Ouluth Street June 13,083 ll3,18i) SaetSt. Louis & Sub. May May Aurora & Sou. 89,66C Elgin S't. April Valley Traction.. aoustonElec. St. By. April lUinois Traction Co. Indianap. &East. By 124,455 254,720 670,735 14,655 6,173 20,045 intemaf 1 Tract. Co System (Buffalo) . . 674 93,548 904,895 500,317 1,908,677 205,034 201,065 def.17,520 21,865 2,900 16,196 47,798 205,5 ?7 50,529 768,896 2,325 18,217 42,460 216,264 40,017 698,382 25 deM,509 1,932 def. 1,002 kl4,339 k61,672 R12,738 k64,878 5,282 267,731 3,479 182,946 April April Kansas City Ry.& Lt. AprU May May May.. LlmaEI.By.&Lt.Oo. May... London St. By. (Can.; April March 1S.aA. (Wis.) Traction '«et West Side Eiev. May ifll.Elec. By.&Lt.Oo May «il.Lt.Heat&Tr.Oo May Montreal Street By. May »Iuncie Hartford Pt. def.7,176 May May tndlanap.^ Martinsville Rapid Tran.. April rndianapoUa&North western Traction.. March ^«hlgh Val. Trao. Co Street By. Dep Electric Light Dep ijcxington By,. 13,916 127,934 38,101 580,327 173,884 58,744 266,595 10.'>,ia4 68,508 aavana Elec. By. Co WkJunelS {39,215 131,861 1880,276 aonolulu Bapld Tr April 26,347 27,120 103 771 A Land Co 3oughton Co. St. By. April...... a2,05e 16,91ft 30,332 438 def.4,410 39,567 7,728 47,597 41,441 188,817 160,621 19,052 72,396 75,475 91.318 2,062.648 1,834,610 274,628 263,492 12,744 478,108 173,894 Wayne & Wabash /acksonvUle Elec.Co & Wayne April for.OhloTr.&Lt.Co May Sorthem Texas Trao, May I^orthwestem Kiev.. May Oakland Tract. Cons April Mean St. Hallway.. April >range Co. Traction. AprU Peeks. L't'g&BB. Co. April Pittsburgh MoKeesport & Greensb'g . May Pottsv. Union Tract. May Rys Co.G«n.— Boads. Light Co's... .^Chester Ballway ,. sookford Beloit 4 May May May 1 229,366 761,919 105,159 86,538 40,377 84.614 19,031 32.049 72,614 17,556 439,6'74 88,166 382,600 75,875 9,984 6.676 82,759 23,184 26,541 ........ 69,289 ••*•••« 530,279 312,70?^ 1,276,511 1,209,047 27,754 23,519 104,826 89,991 385,307 329,48i ,420,972 1,362,770 1 204,093 178,229 50,87t 4=>,908 7^800 67,881 13,097 11,886 30,810 26,147 127,621 18,867 15,185 13,50.52.619 44,802 12.140 22,750 7,014 20,878 7,734 924.487 890,454 194,00» I77,27ti i66,594 J60.815 1,263,408 1,267,258 201,659 154,482 47,398 36,483 943,877 236,898 1220,154 1,037,675 49,108 316,581 211,720 18.607 74,9 1: 50,73( (07,30y 107,332 7.876 7,610 6,911 51.468 340,315 244,731 589,692 442,998 36,856 27,571 33,994 383,885 28,866 26,287 31,103 16,616 14,414 19,909 17,798 83,487 27,861 1,882 1,762 146,014 122,795 60,203 79,729 129,901 10,239 670,296 82,770 70,108 105,059 9,677 878,683 13.94P 78,587 ft7.080 1.20,688 I22,24t 10,934 8,549 8,386 54.5,154 Janesvllle .... April Joseph (Mo.) By. 10,212 9,597 35,289 32,486 Lt.Heat&Pow.Co. May Fran. Oakland A 60,037 64,271 277,494 283,687 47,412 34,369 170,666 122,855 97,000 71,930 46,832 40,941 84,957 78,094 203,424 187,874 139,455 129,180 77,688 71,677 83,7lti 30,484 46,761 42,044 25,578 23,09e 154,492 142.681 499,600 171,717 363,520 779,312 673,614 373,264 128,968 179,880 393,659 158,658 325,998 733,267 672,181 343,207 111,984 165,564 732.5*6"li 677.221 ^t. clan 38,787 65,829 610,033 1,860,198 85,709 46,250 567,356 14,985 15,696 14.429 17,190 July 1 to May 81 239,458 178,486 Wabash. fa.... May 1,889,104 186,833 451,824 July 1 to May 31. ...22,761,737 20,'995,'563 8,894,582 4,795,987 Wmsp'rt&No.Br.aApr. 14,140 12,367 379 4,980 July 1 to Apr. 3«.... 139,899 138,776 42,242 22,122 a Net earnings nere given are after deducting taxes. b Nut eamlDKH Here given »r« before deducting taxes. k Iheae tigores represent 30% of gross earnings. Virtrtnla Gas A Electric. April Cent. Penn. Tract. . . 8,734,837 Shawmut & No.b— Jan. 1 10 Mar. 31 Baquette Lake faJan. 1 to Mar. 31.... July 1 to Mar. 81 Elo Grande Jnnot.. Apr. Dec. 1 to Apr. 30 Texas Central. a May 102.622 212,226 564,538 4,732 3,298 11,420 citizens' Net Earnings Montlnlj to Latest Dates.—The table following showB the gross and net earnings of Stbam railroads reported this week, A full detailed statement, including all roads from which monthly returns can be obtained, Is given once a month in these columns, and the latest statement of this kind will be found in the Chboniole of June 17, 1305, The next will appear in the issue of July 22, 1906. Oross ^Earnings.Previous Current Tear. Tear, 108,368 230,792 624,417 9,655 6,007 16,390 8,060 Latest eross Mamings. Our'nt WukorMc Year. lear. earninos. Chic. 8,31'7 11,660 14,000 3. • 21.833 42,494 106,202 9,923 2,878 8,625 5.479 81,248 STREET BAILWATS AND TRACTION COMPANIES. Oal. $ $ 8,063,511 13,677 116,558 After allowing for other income received. T Included in the fixed charges in this fiscal year are expenditures for renewals, additions and Improvements amounting to $127,494 for May. 1905, against $67,868 in May, 1904, and to $1,488,391 for period July 1 to May 31 against $611,560 the previous year. io'.sie Increnne. 243.349 2,927,008 **2,435 week of Jane our final statement covers 42 roads, and shows 5'55 per cent increase in the aggregate over the same week last year. June. $ 276.872 * first \st vieek of -Bal. of Net Earn'gs.^, Cu7-rent Previous Tear. Tear. Roads. Figures are for week ending June 10. For the — Previous W'msport A No. Br. Apr. 'ii*,ioi 603,248 414,538 etc. Current . 1,145 48,250 68,066 — Int., Rentals, Apr. 1 to Jan. 1 to 69S 128,670 796,666 Interest Charges and Snrplns. Cumberland Telephone A Teleg. Co May 924 16.900 5.000 17,600 8.725 [Vol. lxxx. Gboss IT . THE CHRONICLE. 2616 Bnflftlo b April San Jose By Sao Paulo (BrazU) I'ram. L't A Po. Co. May 'avannah Elect. Co. April ^oranton Ballwav... May ieattle Electric Co... April jouth Side Elevated. Syracuse Bap.Tr.By. May May ramna Electric Co... April Torre Hte.Tr.&Lt.Co. AprU rol.Bowl.Gr.&8o.Tr. Toledo Rys. A Llsrht. May May — June — THE CHRONICLE. 24, 1905.] Latest Qroti Marning$. GBOU KABNINaB. W«€k orM( Jan. 1 Vur'Hi Prev'ui Tear. ¥*ar. to 1 SpanlBta allTer. B These are results for properties ovned. Ourren Prenw Jtar. tear 60.071 1,024,025 1,768.378 3,336.378 2,112.966 101.329 148.233 e Decrease due to the fact that the Louisiana Poiohase Exposition last year. Street Kailway Net Earnings.— In the following we show both the gross and the net earnings to latest dates of all Street railways from which we have been able to procure monthly returns. As in the case of the steam roads, the returns of the different roads are published by us each week as soon as received, and once a month (on the last Saturday of the month) we bring together all the roads reporting asjg done to-day. Hoods, Alb'ny & Hnd.RR.a Apr. Jan. 1 to Apr. 30.... July 1 to Apr. 30.... AnroraElglD&ohlo May Jan. 1 to July 1 to May May 31.... 31..., Binghamton Ry. b. May Year, Tear„ $ $ 21,122 81.157 249,261 52,071 180,799 448,339 23,276 97,277 234,905 Jan. 1 to May 31.... Ohlo.& Milw. Elec.May Jan. 1 to May 31.... Olev.Painesv.&E.aMay Jan. 1 to May 31.... Cleveland & Southwest'n Traction Co . b May Jan. 1 to May 31 Detroit United By.n (all properties).* May Jan. 1 to May 31 Duluth Street Ry.fo May Jan. 1 tc May 31 East St. Louis&Bub.May Jan. 1 to May 31.... Elgin Auro.&So.b.May July 1 to May 31.... Fort Wayne & Wabash Valley Traction ..Apr. Jan. 1 to Apr. So.... ^ Net Earnings^—-^ Current Previous Tear. Tear„ 6,771 14,814 57,601 23,597 63,070 194.118 12,382 42,251 110,006 6,303 14,762 1,202,198 102,935 445,150 89,528 361,893 50,636 210,806 44,212 158,764 20,681 75,475 45,124 197,549 34,176 122,413 19,052 72.386 9,781 17,688 23,655 77,005 9.218 25,629 7.596 10.678 20,703 64,9o2 8.455 24,976 47,028 188,817 41,441 160,621 20,775 66.854 15,874 40,750 Jan. 1 to May 31 July 1 to May 31 Gallfornia Gas & Electric Corporat'n.a.Apr. 442,585 Jan. 1 to Apr. 30.... 1,712.903 Central PennBylvanla Traction Co May , 19,780 78,087 234,845 41,778 137,202 21,217 88,938 217,128 322,969 430,376 388,122 1,865,451 54.501 1,656,247 , 8 a Deorease dae to a strike and boycott. b Tbese are the combined earnings of all the oonstltaent companies. c These are results for main line. d Fignres here are from Joly 1. n These earnings Include the Detroit United Ry., Detroit A Poit Huron Shore Line and the Bandwlob Windsor A Amherstbnrg Ry. —Current Gross Earnings. — Previous 73,-574 16,745 38,228 10,020 38,616 97,612 249.285 113,183 530,327 39,660 413,974 82,259 239,867 105,134 478,108 38,101 416,153 178,459 697,959 25,669 110,196 66,393 293.222 18,168 177,274 157,586 561,471 24.374 96.673 49,675 237,695 14,930 163,396 68,503 266,595 58,744 229,366 25.675 98,366 18,877 69,874 Roads. Muncle Hartford <b Fort Wayne Ry Co. a.. Apr. Jan. Apr. Jan. 1 to Apr. 30.... May Co.a. Jan. 1 to May 31.... North, Tex. Tract, b May Jan. 1 to May 31.... Oakl'd Tract. Con. b Apr. Jan. 1 to Apr. 80. Olean . Jan. 1 to Apr. 30.... Houston Elect. Co. Apr. Aug. 1 to Apr. 30.... Illinois Trac. Co. a.. May Jan. 1 to May 3l.... Ind'p'lis & East. Ry.May Jan. 1 to May 31.... . Indlanap. & Northwest Traction Co Mar. July 1 to Mar. 31.... International Tract. Go. SyBtem(Buffalo)b.Apr. 9.098 38,733 11,088 40,720 30,332 40,377 322,737 84,614 439,074 19.031 83,156 16,919 def.23,929 66,638 def.43.205 32.049 15,066 115,621 292,239 72,614 32,770 183,908 382,000 7,281 17.556 29,267 75,678 5,524 7.733 9,971 88,366 32,179 156,744 8,767 33,038 26,641 268,668 8,926 103,168 27,120 108,159 t2,056 PeeksKlU Lt.&RR aApr. July 1 to Apr. 3U.... Pitteburgh McKeesp'rt <& 15,185 12.140 44,802 7,014 20.878 7,852 2,998 8,S27 2,814 6,551 3,077 2,622 6,023 2,801 260,815 ,267,258 133,309 614,292 132,484 594,310 36.483 47,398 154,4S2 3i 201,659 220,154 236,399 May 943.877 3l.... 1,037,675 31.... 1,676,789 1,529,305 26,232 101,819 101,706 319.057 554,865 19,055 66.454 93.512 280,880 Lima Electric Railway & 7,t(t(4 May Montreal St. Ry Jan. 1 to May Oct 1 to May Jan. 1 to — Year. Year, $ $ $ 13,945 51,468 13,607 49,108 6,544 23,980 5,843 20,704 78,587 340,315 57,080 244,731 122,246 442,998 10,934 36,866 96.234 8,549 27,571 96,182 8,386 96,681 74.917 316,531 50,736 211,720 107,332 383,885 7.876 28,866 83,906 7,610 26,267 91,094 37,795 149,239 27,314 105,059 65,243 206,792 4,448 16,6«3 46,421 2,708 2,709 26,098 3,097 40,376 38,303 131,594 25,620 89,776 56,729 178,358 3,035 11,843 41,955 8,424 26,400 70,464 298,746 663,846 7.702 22/)69 55,852 240,372 568,288 4,697 13,388 3,512 7,601 28,408 112.536 25,234 103,384 27,771 103,013 19,811 68,464 41,396 146,476 59.300 235,272 19,502 66,076 14,937 89,497 37,281 122,962 56,557 213,254 6,911 91,761 206 def.415 19.356 36,726 2,053 623 def.1,651 32,067 345,614 13,263 80,598 11,982 51,116 28,858 318,670 11.734 46,571 10,458 42,322 11,525 71,752 849,679 184,405 700,347 7,100 63,717 297.200 176,599 671,510 20,611 74,060 14,746 58,990 Toungstown-Sharon Ry. &Lt. Co.a 43,763 169,547 Apr. Jan. 1 to Apr. SO.... 37,602 148.233 a vtct earnings here given are after deducting taxes. bNet earnineB here given are before (i«daati k taxes. n These earnings include the Detroit United Ry., Detroit & Port Huron Shore Line and the Sandwich Windsor di Amherstborg Ry. t Deficit due to a strike by the trainmen and a boycott by the trades unions. luteresi unarges and Snrplns.—-The following Stbbb* railways, In addition to their gross andnet earnings given Is the foregoing, also report charges forInterest,&c,, with the sarplus or deficit above or below those charges. Gas Int., Rentals, etc. — ^Bal. of Net Earn'gs.-^ . Current Previous Current Previous Year. Year. Year. Year. $ $ $ $ A Electric Corporation.. Apr. l£49,329 k48,958 Jan. 1 to Apr. 30.... kl96,980 kl89,682 Detroit United Ry. (all properties) May 93,806 87,395 Jan. 1 to May 8l.... 460,567 443,367 Duluth Street Ry... May 16,810 16,513 Jan. 1 to May 31.... 83,751 82,361 Elgin Aurora* So. May 9,226 9,451 July 1 to May 31.-., 101,997 101,225 California 53,606 248,470 40,570 172,311 *89,011 *256,403 8,859 26,445 8,942 76,277 *73,542 *125,824 7,861 14,312 6,479 62,171 *4,645 *20,832 *7,149 *24,609 Honolulu Rapid Transit (Hancock, Mich.). Apr. JaxL 1 to Apr. 80 Houston Elect. Co. Apr. Aug. 1 to Apr. 30.... 4,842 19,363 4,301 17,367 3,615 13,951 8,712 75,708 5,167 21,834 3,447 def.27,544 13,117 def.57.156 7.941 6,354 68,922 89.913 4,167 2.114 20,833 7,433 & East. Ry May Jan. 1 to May 31.... International Trwct. Co. System (Buaalo)..Apr. 135,994 Jan. 1 to Apr. 3o.... 638.821 July 1 to Apr. 30.... 1,372,162 Jaoksonv. Eloo. Co. Apr. 3.016 Jan. 1 to Apr. 30.... 12,066 Ind'p'lis Lexington Ry. Light Co Jan. 1 to Milwaukee Trac. Co Jan. 610,958 May 5.919 29,861 May 77,089 371,706 36tl,270 Lt. 20,435 96,310 28,749 113,362 169,655 16.430 77,076 22,641 96,703 149,075 4,166 16,667 5,000 16.000 31.... Be&t St. Ry.... 1 Oct. 1 to to May May Mancle Hartford Wayne Ry Co May 31.... 31.... & 2,080 19,443 4,600 12,205 74,466 *57,9e0 *260,01O *59,197 *231,547 & May ltoMay31.... Jan. 2.077 def.5,384 132,704 12,180 d6f.36.244 533.530 def.34.162 df.157,044 1,329,976 235,942 56,499 3,104 9,794 6.652 12,522 33,915 21,356 4,551 6.445 2,687 17,753 May Jan. 1 to May 81.... Bfilwaakee Elec. Ky. & Montreal Milwaukee Light, Heat & May Year. Houghton County St. Ry. 96,460 376,486 1,386,474 9,756 33,878 128,870 422,164 1,346,550 7,238 18,867 May Light Co 13,508 Lond. 8t.Ry(Can.)a Apr. 52,819 Jan. 1 to Apr. 3u 7,734 Madison Traction. Mar. 22,750 Jan. 1 to Mar. 31 Milwaukee Elec. Ry. & 266,594 May Light Co..b 1,263,409 Jan. 1 to May 31 Net Ear?iings.—-> Previous Current $ 16.616 14,414 60,203 52,770 146,014 122,795 Rochester Ry.Co.bMay 670,296 578,683 Jan- 1 to May 81.... July 1 to May 31.... 1,455,236 1,253,655 Rookford BeloltA JanesApr. 10,212 vllle 9,597 35,289 32,486 Jan. 1 to Apr. 30.... St. Joseph Ry. Light Heat May 54,271 60,037 &. Power 277,494 253,637 Jan. 1 to May 31.... San Fran. Oakland & San 47.412 Apr. 34,359 JoseRy 170,666 122,555 Jan. 1 to Apr. 30.... 46.332 40,941 Savannah Electric Apr. 158,653 171,717 Jan. 1 to Apr. 30..., 84.957 78,094 Soranton Ry. Co....May 868,520 325,998 Jan. 1 to May 31 ... 203.424 187,874 Seattle Electric Co. Apr. 779,312 733,267 Jan. 1 to Apr. 30.... Springfl( 11 & X«»Eia— 15,307 13,859 Jan. 1 to Apr. 80.... 71.677 Syracuse Rap. Tr.bMay 77,588 813.878 767,288 JuJy 1 to May 31.... 80,484 Tampa Elect. Co.. .Apr. 33,716 128,968 111,934 JaiL 1 to Apr. 30.... 42,044 46,761 Terre Haute Tr&Lt Apr. 179,580 165,564 Jan. 1 to Apr. 30.... Toledo Bowling Green 25,575 ^South'n Tract.. May 23,096 142,.'i81 154,492 Tol. Ry8.&Lt.Co.a.May 677,221 Jan. 1 to May 31..., 782.568 355,213 337,402 Twin City Rap. Tr.t Apr. Jan. 1 to Apr. 30.... 1,389,516 1,325,474 Apr. Jan. 1 to Apr. 3u. 149,174 501,659 1,608,104 12.810 45,981 161,594 549.990 1,«97,C»4 12,364 47,314 330,279 , Year. Greeufcbarg Ry b.May Jan. 1 to May 31.... ALand 312,708 Jan. 1 to Apr. So.... 1,276.511 1,209,047 3,529,240 3,383,812 July 1 to Apr. 30 23,519 27,754 Jaoksonv. Eleo. Co. Apr. 89,991 104,826 Jan. 1 to Apr. 30.... 329,483 385,307 Kan. City Ry.& Lt.aApr. 1,420,972 1,262,770 Jan. 1 to Apr. 3o 4,030,580 3,530,202 June 1 to Apr. 30 26,147 30,810 Lexington Ry. h...May 127.621 Jan. 1 to May 3i Traction Co.b... Ry.Co.b.Apr. St. Jan. 1 to Apr. 30.... July 1 to Apr. 30.... Orange Co. Tract. ..Apr. Jan. 1 to Apr. 3o.... July 1 to Apr. 30. Roads. 26,247 103,771 —CtnTOit Gross Earnings. — Previous North.OhioTrao.&LlKht . Houghton County St. Ry. (Hancock, Mich.) Apr. to Apr. SO ... 1 Honolulu Rapid Transit ALand.b 2617 Lateti Date » 9 63.524 17,746 17,985 Toledo A Western.... A.prll 53.4S0 47,683 1,144.094 Toronto Railway .... WkJunel7 Twin Olty Bap. Tran. iBtwk J'ne 90,102 84.530 1,867.262 e7? 6,367 841.006 3,295,083 Un'd Rys.of St. Louis May 590,602 569,609 2,231,57? Dnlted of Sas Fran. April 23.618 22.702 101,577 Wasli. Aiex.&Mt.V. May 169.547 YomisrstowTi- Sharon April 43,763 37.602 was open a . 5.797 2,625 def.10.622 72,957 70,871 205,695 184.172 835,210 361,883 .1,479 Fort Apr. Jan. 1 to Apr. 30.... 2,378 7,313 843 4,704 — THE CHRONICLE. 26J8 —Int., Jientals, etc. — Current Previous Year, Year. $ $ Roads. . — -Bal. of Net Earn'gs Cui^ent Previoii, Year. Year, /- $ $ C^ortbern Oblo Traotlon May May 31..^ North. Texas Tract. May Jan. 1 to May 3l AlAght Co 2,968 11,018 26.868 27,840 136,846 298,197 22,467 112,632 12.194 50,518 26.567 106.268 2.527 9,883 24.596 26,525 131,677 886,122 14.878 84,654 15,787 51.288 83,522 82,450 1,480 4.615 19,563 *43,084 * 164,763 *372,286 1,960 17,369 *29,702 *110,712 *287,519 2,627 10,516 2.696 10.786 2,070 2,872 del.3,185 13,425 52,437 10.554 42.215 18.661 93.273 24,764 99,641 20,385 223,677 1,885 7,609 8.744 36,530 8.231 80,356 10.806 41,090 18,406 91,861 24.949 95,166 20,243 223,216 2.093 8,352 9,177 37,353 14.346 50,676 9.257 26,249 22,735 53,203 34,536 135,631 11,682 121,937 11.378 42,989 3,238 14,586 11,271 36,720 4,631 18,407 18.875 31.101 31.608 118,038 8,615 95,454 9.641 88,219 1,281 4,969 6.495 41.894 212.042 f97,325 f389.300 41,862 208,704 t90,277 t357,769 6,030 29,858 137,637 87.080 311,047 21,855 88,496 86,322 313,741 22.917 114,585 11,527 53,771 81,721 124,342 Jan. 1 to Oakl'd Tract. Cons. Apr. Jan. 1 to Apr. 3o Apr. Olean Street Ky Jan. 1 to Apr. 3u July 1 to Apr. 30 BootaesterRy. Co.. .May Jan. 1 to May 31 July 1 to May 31 Bookford Belolt & JanesApr. vllle Jan 1 to Apr. 30 San.Fran. Oakland & San Apr. Jose By Jan. 1 to Apr. 30 Savannah Electric. Apr. Jan. 1 to Apr. 30 May Boranton By. Co Jan. 1 to May 31.... Seattle Electric Oo. Apr. Jan. 1 to Apr. 30 — Syraoase Bapid Tr.Mar May 31.... Elect. Co. Apr. Jan. 1 to Apr. 30.... July 1 to Tampa Terre HanteTr&Lt.Apr. Jan. 1 to Apr. 30 Toledo Bowling Green & May Southern ToL Bys. <& Lt.Co.May Jan. 1 to May 31 Twin City Rap Tr...Apr. Jan. 1 to Apr. 3u.... 12.886 19.062 13,426 39.258 80.162 72,090 508 816 After allowing for other income received. Fixed charges Include dividend on preferred stock. k Inoludes also sinking fund charges. t an index to all annual reports of steam railroads, street railways and misoellaneoue companies which have been published since the last editions of the Railway and Industrial and Street Railway Sections. Full index for last quarter was In V. 80, p. 1475. This index does not include reports in to-day's Chronicle. RArLROADS. Etc.— Page. RAILROADS, ETC.— Paoe. Alaska Packers' Association 1910 Amalgamated Copper (statement, wlcb balance sheet Apr. 29) 2334 lUll American Beet Sugar 1726 American Can 2465 American Caramel 234< American Pipe Mfg American School Furniture 2a i7 Amer. Waltbam (bal. sh. Mar. 31).2343 Barney & Smith Car 2451 Bell Telepnone of Buffalo 2395 Bell Telephone of Canada 2395 Bell Telephone of Philadelphia. .2395 Brooklyn Union Gas I85a Brash Elec. Ilium. Co., N. T 1868 . . ButterickCo 1727 Cent. Dial. 4 Print. Teleer., Pltt8b.«395 Central & So. Amer. Telepraph 1727 Central Union Gas Co ^. Y 1865 . Chesapeake & Potomac Teleph ChicaKO Edison Cleveland Akron & Columbus 23rf6 ia70 19J1 & Iron (statement to N. Y. Stock Exchange) 1726 Colorado Telephone 2396 Col. * Hocking Coal & Iron 2842 Commonwealth Elect., Chicago... 1970 Consol. Gas Co. of New York.io64. 1910 Consolidated Rubber Tire 2312 Com Products 1M53 Cumberland Teleph. & Teleg ?39n ''399 Denver & Kio Grand* International Nickel 2216 Kansas City G..S 2458 Kansas City So. (circular by management) 1921 Kings Co Elec. Light &, Power 2216 Lake Shore & Mich. Southern 1862 Mexican International 1969, 197a M exican Telegraph 1727 Michigan Central l(-52 2H9ri Mlssoorl & Kansas Telephone Montreal Light Heat & Power ....2451 National RR. of Mexico 1903. i917 Nebraska Telephone 23y7 New New New New New Amsterdam Gas 1866 2337 18i3 1866 1855 . England Teleph. & Teleg York Chic. 4 St. Louis York Edison York Mutual Gas Light Northern Paclflc (bal.sh. Feb.23).1853 1m56 Northern Union Gas Oregon Short Line (bal.sh.Jan.31).l969 Pacific Mail Steamship 2341 & Teleg Pennsylvacia Telephone. Colo. Fuel Pacific States Teleph. Electric Co. of Pittsburgh oil & Gas Pittsburgh Coal (statement to N. Y. Stock Exchange) 1919 Pocahontas Collieries Co. of Va..2455 Safety Car Healing « Lighting ...2218 Southern New England Teleph.... 2398 1x55 Standard Gas Light Co.. N. Y. Tennessee Coal, Iron &RR.. 1970, 2217 United Copper 2395 United Elec. Light & Power, N. T 1856 United Gas Improvement.... 1856, 2342 United Shoe Machinery 2458 2340 U. S. Realty & Impi. (lOmos.) United States Rubber 1969 United States Steel Corp. (8 mos. toMar.:^^) 1726 Western Telephone & Telegraph.. 239S America 234•^ General Asphalt 2218 General Electric 1726,1785 Gottlieb- Baueruschmtdt-Strauss Brewing 19T4 Grand Trunk Ry. of Canada 1909 Great Laki 8 Towing 2347 Hudson River Telephone 239t) Hunt. & Br. Top Mm. UK. & Coal. 1724 was 2397 2397 2311 . . Feiin^jlTania Company. C Report for the Fiscal Year Ending Dec. SI, 1904 J President Caesatt says in part: Gbneral Results -While the year shows a alight falllni? off in the grcs* earning!?, there was a maob larger decrease In the expeaseB. and after dednctingthe rentals dae roads operated on a n«t-earnlQge basis, the net reenlt to the company was an earning of $8,292,868, a gain of $39t».'27 over the previous year. The inooma from Investments was »7.120,349, being an average of 6 p. c. on the co it iherdof, making the groBBliiooine$l&.ii 3,218. an Increase over 1903 of #l,5.^!^,500, and after rieduotlng all flxed charges, Interest and other llablUtleH, iiclnding advances to lines In Us sysrem. there was a net Inoomo of $:>.187.930 'J'here were paid ont of this amount, in addition to contributions to sinliing funds aggregating $293,910, the sum of$i,33i,O00 rerresentlng certllloates of the gold loan of 1901 drawn Ooi. 1, 1904, and a fllvi';end of p. c. u;)on the capital sto sk. lBavln;< a balaacd of $1,500,020 to be carried to the credit of profit and loss aooonul. In ^O'" fotire extraordinary expenditures, the sum of Zn'^l^rJ'L^^"''^'^^ *z 000.000 was transferred from that account to the special fund set .•> apart for feuch purposes. Tl 354 number of conductlng-iransportatlon items, Sale of Bridob.— The controlling Interest owned bv the PennsylCompany in the Kewport A (^ncinnati Bridge Co. was sold on advantageous terms on April 1, 1901, to the LotUsTllIe & Nashville BB. Co. V. 79, p. 152. Vandalia Consolidation.— In acoordance with an agreement dated Dec. 29, 1904. the Terre H:inte A ludianopolls BB the St. Louis Vandalia & Terre Haute EB., the Terre Haute A Loganspirt By., the Logansport & Toledo By. and the Indianapolis & VidoenuHS BB were consoliaated under title of Vandalia BR. Co., taking eff.^ct Jan. 1, 1905, the lease of the Indianapolis & Vlncennes RB to the Pennsylvania Company dated Dec. 28, 1878, having baen canceled Dao. 31, 1904. The consolidation merges Into one system under your control the lines which form your direct connection via Indianapolis with St. Lonis, with the roads tributary thereto, extending to Vlncennes on the south and to South Bend and Butler, Indiana, on the north, embracing an aggregate of aboat 631 miles of main tracks (compare V. 80, p. The results below are on all lines directly operated by the Pennsyivania Company: EARNIN03, EXPSNSES AND CHABOES. 1904. 1903. 1902. $ $ 9 $ 27,48S,171 5,868,722 746,020 880,670 1,279,752 130.246 27,696,777 6,117,»30 756,554 786.943 1,061,228 183,503 24.966,656 5,660.764 658,123 734.46& 830,969 174,682 21,972,238 4,848,850 681,712 730,312 728,280 193,152 36,390,682 36,602,935 33,025,648 29,054,341 etc.... 3,842,144 Matnt. of equipment. 5,829,573 Cond'ng transpori'n. 14,439,813 4,341,^53 6,066,670 14,836,711 722,241 1,209,586 4,480,862 4,544,086 9,784,760 531,948 1,143,025 4,371,003 5,198,863 13,128,044 566,317 1,049,201 26,048,362 10.347,220 reo'd.. 7,120,349 27,116,684 9,486,251 6,960,577 23,308,429 9,717,219 5.413,983 20,312,038 8,742,506 3,505,366 17,467,569 15,446,828 15,131,202 12,247,872 7,851,119 2,213,417 438.495 1,697.024 79,584 7.O74.990 2,236.883 451,202 414,913 149,198 6.758.004 2,103,748 231,552 135.864 118,049 6,662,777 1,482.701 161,659 211,718 44,756 Total deductions.! 2,279,639 10,327,186 5,119,642 9,347,218 5,783,985 8,586,611 8.681,261 2,000.000 x x 1,627.930 1,627,910 1,583,138 (5)2,003.000 (4)1,600,000 (3)1,200,000 1,000,000 Earnings— Freight Passengers fr^xpress Mails Kents MisceUaneoQs Total Expenses— Maint. of way. General Taxes Total Net earnings Int. and divld. Total , p. of pa^B1ngers carried Inoreased 614,194, or 2-25 p. C J he aggregate paesenger mileage was 869.602, 10/ miles, an 1 ncrease or »&,iti 7,073, or 12-29 p. o. The average rate received per to oer ton per mile ^n - was „..-,,,on oil all 11 lines 6 5 mill'., a decrease of 2-10 mill. There were marked decreases In the expenses of all roads in the system, especially in the malntalnenoe-of-way and the malntenance-of- 728,425 1901. 970,402 Deduct— A)l rentals Interest on bonds..., Car trust payments.. Interest,gen(4ral acot Advances to BBs. .... Net income for year.. 5,187,930 Distrittution- Added to ''extraot'y expend, fund" Sinking fund, etc Dividends Surplus 3,183,130 1,936,512 3,627,910 1,560.020 367,334 (3)680,000 4,327,930 956,025 1,997,334 1,683,927 X From the "profit and loss account" $3,000,000 was appropriated 1903 to the " extraordinary expenditure fund " and $2,000,000 in 1904. PROFIT AND loss AOCODNT 1904. Deduct amount transBalance at credit Deo. ferred to extraord'y $6,398,949 31. 1903 exoenlicure fund ...$2,000,000 Balance for 1904 1,560.020 Amount at credit Dae. Profit 'rom sale of se757,168 6,716,137 curities, etc 31, 1904 $8,716,137 $9,716,137 BALANCE 8HBET PENNSYLVANIA COMPANY DEC. Assets - S^ionrltlf'S., Equipment R-al estate Real estate in trust. 8 eub. Extension RR. lease Leasf d ri)ads, betterments Does In carrent account 1904. 1903. $ $ 119,392,831 8,23l.6l» 988.882 236,53 i 118. 540,328 l,3f>2,^>''7 524,678 2.33«.546 3,139,629 1,972.H02 Omh with Treasurer 32,;S6i.519 Caifhon special doiioidt Cash for Interest on bonds 469.675 Sinking funds (leased roadti).. 3,526,160 Total assets 185,886.677 1902. $ 3,372.163 5,004,428 1,565,435 552,775 3,414,982 432.680 3,823,187 163,212,011 128,948,506 l,8:iS,573 li>.OU,57l 1,425.770 1,717,401 2,1 2^. IS'' MiioelUneous aBsets 8,011,0*0 1,006.168 236.8J2 6,468.153 1,311.381 Advances 31. 99,892,16b 8.002,509 1,000,861 404,587 1,238,573 3,341,689 1.512.988 1,570,030 1,214,719 366,842 2,124,099 3,046.015 1.427,761 l,23-<,573 Station agento, etc Bills receivable Material on hand gregat number vania in entif'i also a decrease in a due to a lower cost of fuel and to the freer movement resulting from the completion of Important Improvement work, and the capital expenditnres of this and previous years. Capital Expknditurkb.— Heavy expenditures were necessary upon the Pittsburgh Fort Wayne & Ohlc»go By. in the elevation of tracks in Chicago and Allegheny City, for the purpose of eliminating grade crossings, in the completion of its double-track system between Pittsburg and Chicago, in the construction of third, f onr.h aud fifth tracks and sidings at various points, and in the lurcher extension of yards and other terminal improvements. Large outlays were also made for double-tracking and yard? on the Cleveland & Pittsburgh BB., and other lines in your northwestern system. On the southwest system the same liberal outlay was required in connection with the track elevation In Chicago, the construction of additional traces and the increase of yard, shop and other terminal facilities. The Ohio Canneotlng By., which furnishes the main highway for the Interchange of traffi 3 between the two systems n<>ar Pittsburgh, was further improved by the o^mplt^tion of additional connections with the Pittsburgh Clnclncatl Chicago & St. Louis By. south of the Ohio Blver, and the oonstrnction of the large distributing yard at Soally's Station. There were also further material increases in the motive power and equipment on both systems New Securities.— As set forth in the report for 1903, and in order to reimburse Its treasury lor the heavy expenditures male by this company for betterments and improvements upon Its leased and controlled lines, and to provide for further work of a like nature, an Issue was made of $50,000,000 temporary collateral obligations, which will matnre Oct. 1, 1905; and In order to make partial provision for these obligations it was thought best to dispose of the $5,000,000 of Series C 3>« p. 0. guaranteed trust oertlfloates; and also of an isBue of like certificates for $10,000,000, known as Series D; both of these issues being secured by an tqual amount of Pittsburgh Fort Wayne <s Chicago By. 7 p. c. special guaranteed stock deposited as collateral. 1243; V. 79,p. 2148). ANNUAL REPORTS. is equipment departments, due to the heavr expenditures during the previous year In renewal of equipment, bridges and tracks. There , * Annual Reports.—The following (Vol. lxxx. 1,349..590 74*,9.56 J June THE CHRONICLE. 24, 1905.1 190i. LiabUities— $ 40,000,000 Capital ttook Fnnded debt 65,070.000 Collateral loans 60,000.000 808,411 LesBor companies for aappUes. 1.607,ft63 Dnes In onrrent aooount Onrrentexpenees, leased roada 8.186,238 4.20.S.362 MlBoellaneons liabilities 1,366,434 Interest on debt Extraordinary expendlt. fund. 3,109.835 Beserve fund, leased Tcadii.... 3,060,300 Pennsylvania RB. advances Sinking fnnde and Profit . 1902. $ f 40,000,000 66,635,000 40,000,000 68.018,000 3,000,000 881,831 83l,«31 1.228,763 3,608.269 3,14'S,572 .'?,937,806 6,^278.384 3.2-20.223 868,399 3,489.031 807.661 3.539.219 2,915,422 Z,983.2.S3 31,827.076 5.063,066 6.398.949 6,76»,407 6.716,137 loss 1903. .^.4ll,0'71 2619 with the English Corporation for the ezolnsive right to mannfactare for it all its casting machines and keyboards for a period of five years; this will net as a very considerable profit. Secretary W. Bancroft says : During the year the installation department installed 175 casting machines at d 228 keyboards. These figures cover new installations only and do not Include ca'es of leased machines previously Installed or shipments to the English company; 141 casting machines were installed In new plants and 34 In plants already f quipped with Monotypes; 165 keyboards went to new, and the balance to oil ctBoes. These figures show that more than 18 p. c of our cas'.lng machines and 2? p. 0. of our keyboards were installed by people who had already demonstrated to themselves the superiority of the Monotype. TREASURER'S REPORT UARCH 6,122,360 1905. 128,948,566 188,212,011 185,886,677 TotalllablUtles —V. Assets— Canh 80. p. 1424,1175. Bills ihlcafco & Western Indiana RK. Report for Fiscal Year Ending Dec. SI, 1904. J C The income of the Chic. W* sfc. Indiana is derived principally from the rentals paid by the companies making use of the railway and terminals, its reports thoviring: & Bevenue— Bentalfiom 1904. 1903. $ $ 1,316,334 1,244,4*76 9 960,701 65,454 1,483 60,731 53,133 4,796 13,177 28,321 ?0,718 13,100 1,434,002 1,315,582 1,053,340 906,382 1,031,66.S 976,685 300,000 21,427 733,807 300,000 15.672 615.370 800.000 10,331 lessees bouses & land. Dls., Int. and exobange.. MUcellaneons earnings. do Total EjipengeB— Interest charge Dividends (6 p. MlsoellaneoQB SOO.OOO 80,946 c.) 1,412,611 Total Balance sar. 21,391 1,298,112 8ur.l7,470 BALANCE SHEET DEC. Assets— Construction count BIlis & 1004. $ » 29.054.626 2e,'^S6.647 accounts.. 421.837 b75.109 Cash, Material Bonds on band 482,500 454,530 260,000 li*04. 1903. t $ 5 ,0 0,000 5.0110,000 Bonds 28 .892,667 21.200,R''7 1,' Vouch cur ace's a: 3,054 545,904 47,77H 4t,lt-0 SlukiDg funds. ... & 2:8.213 19,«60 Interest accrued.. Miacellaceous.. .. Bills payable 8, ,0.')0,000 281,398 account... Total 83.842.968 28,294.914 274.29^ \»,850 PS'.OOO 280,009 33,842,968 28.294,914 80. p. 2219, 1584. INCOME ACOOONT. 19(4. , Years ending May 31 1902. 1903. $29,880 $151,457 $136,169 67,761 792,996 375.440 60,776 351,gl2 80,040 . 1904. Dividends Other profits $44,836 777,153 166,262 Total $978,240 $883,662 $73,719 4,605 $77,870 4.490 Interest $6i.6 937 $555,742 Deduct— Salaries, legal cxp., etc.. Taxes (5)840,883 (4ij)756,000 Dividends $919,167 $59,083 Total Balance Dec. 31, Bonds Loans 0£Bce k miR.prop. Accounts Cash recelv. . Total assets. —V. $123,828 $17,713 ^,572 (2)288.000 5.773 $53,486 $417,400 $189,637 $502,256 BALANCE SHEET. May 31, Der.2l, j9u4. 19U4. 1904. Assets— Stocks $838,360 $45,292 I 18,788.970 184,258 $ 17.008,972 lh3,879 83iJ.065 13-1.277 2 43. 109 t69.893 19,97S,29S 80. p. 2B45. 1858. 3 177.454 522,241 18.923,5^6 UabilitUsCapital stock $ 17,0OO.C00 Losns Dividends May 31. 1»04. S 16,800,000 500,fiOO 72.414 451.140 "2l6.9fl5 profits. 1,991,744 1,739,363 Tot.llabllities.l9,9;5,298 18.f 23,525 Fund sconstit. cos. Undivided 17.1,207 Lanston Monotype Machine Company, Philadelphia. C Report for Fical Year Ending Ftb t8, 1905 President J. Maury Dove, under date of April 20, 1905, says General Besults.— Tbree hundred and sixty casting machines and 520 keyboards wtre sold— of this number i60 casting luaehines and 280 keyboards were sold by the English Corporation. GrosH saleB amounted to $l,04'i,270. showing an Increase of about fOp. cover the year previous. The net profits were $280,268, ehowina an Inortase of 100 p. o. While the finances and aflairs generally are In excellent shape, the directors did not feel it was good business ro declare a dividend at, ibis time, owing to the extraordinary expeodlture made necessary by taking over the Sellers contract. A number of valuable pa;ents [19] were issued and assigned to the compaT y. Loan to Enable Compant to do its own Manufactcbing —Early in the year It became evident that the company should establish Us factory and take over the manufacturing of its casting machines. With that erd In view It was arrani.red In Jan., 1905. that a number of the largest stockholders should advance to the company the sum of $250,000 as reqalred on the uuHecnred notes of the compaoy, payaole In three years or sooner, at the option of the company. The entire west wlntf of the Thorn Building was secured, and at the preHont tme the entire factory Is In operation, turning out 1»« maohtues per day (with facilities for oonploerably lnorea«ln4f this oucput), molds, matrlcesand all other accessories. It Is believed the company will be able to pay off the entire loan inside of the three years trom the savCONTRACTS —The unfilled order for 60.") machines on which the Sellers Company was working was taken over and the company will save a large amount of money by this transaction. During the year 28 machines were purchased by the Pnbl c Printer for use In the Government Printing OHlce in Washington. D. O and the results obtained from their use have fully sustained the Monotype's reputation [see A ooniraci was closed largo order ment ioned on page 2624 —Ed , ] Loans and bills re- and loss Total ..5.^03.616 6.333.012 42,006 31,821 139,527 12.'i.000 Accounts payable... Profit 119,568 195,173 pay able 672.41'? e3,.547 41«,79t5 5.803,516 5 ,333.012 2602. p. RAILROADS. INCLUDING STREET R0AD?4. Allenio^n & Slhtingtou Street Rr.-<So/d —See Lehigh Valley Traction Go. below.— V. 8D,. p. 2318. Alloona & Logan Talley Electric Ry.- Option of Bxcha^ gr?.— Refer r log to the call for retirement or the divisional Isc mortgage 5 p. c. bonds at 105, the hoklers of these bonds are offered, by advertisement on »no'her p-ige, the right to exchange the same for the consolidated mortgage (now to be first lien) bonds of 1903, on the basis ot |l,OfO in the consolidited i}^s and 5 p. c. in cash, less interest in adjustment for each 1 1,(100 5 p. c. bond. The 4i^9 are guaranteed as to principal arid interest by the American Railways Co. of Phlladel- phia.-V, 80, p. 2156, 710. & Traction Co. - Opt-oaAskfd.—E^Unton, Andrews, No. 60 Wall S^., re quest options for Western interests on 3,0C0 shares cf the preferred stock and American Hnuim 'Ud Ligpht & 2 OCO shares of the c stock, as follows: Common stock at $95 per share, payable $1 per share down; $1 per share on or before 25 days from date. $ I on or before 55 days from date, and the balance, together with the iiterest on ^ald $93 per share, at the rate of 6 p. c. per annum on or before 90 days after each contract Is sisned. Preleired, $104 per ehaie, with payments the same as for the comstock. Mr. Eglinton was formerly connected with Emerson McMiliin Co. and Assistant Secretary of the American Light & & Traction Co.—V. 80, p. 1477, 1176. Atlantic Coast Electric RH.—Notice to Bondholders.— The reorganization commirtee, consisting of Henry M. Tracy, F, G. Hobson and George W. Norrie, which represents bbont 75 p. c. of the general mortgage bonds, gives a "final notice" to the holders of the outstanding bonds of this issue that the time for depositing said bonds with the depositary, the Investment Co. of Pniladelphia, has been extended for 30 daya from Jane 21. A final decree of foreclosure of the said mortgage has been ordered by the Unitt d States Circuit Court of Appeals, and a foreclosure sale will take place under such decree at tn early date.— V. 80, p. 2456. Baltimore & Ohio B.R.— Increased Dividsi.d on Stock Owned.— See Readlrg Company below.— V. 80, p. 2343, 2456. Bond S)n(Ileate8.— Priefs and Pro^<«.— Information furniehed in the report of thti Frick Committee on the Equitable Life Assurance Society spates the profits of variaus important bond syndicates, the prices at which tbeir bonds were purchased from the companies and also the prices at wlaich, in part at least, thf-y were placed witb the public as follows, the profits being figured for the Chronicle in each case on the basis of |1, 000,000 allotment in tbe uudarwriting : Comvany—Loan— in (ubstanoe: ings In the cost of manufacture. 1906. 1904. t t 6.000.000 6.000,000 UabiUtiesCapital stock Di8C!)unt (Dills ceivable) GENERAL INVESTMENT NEWS. mon : Cal year. » 23.464 ]43.fs3 143.3S6 140,100 mmon North American Company. C Report for Fiscal Year Ending Dec. 31, 1904. J The report of President Wetmore, with the income acccnnt and balance sheet, is published in full on pages 2636 and 2627 A comparison of results with previoas years (ending May 31) shows as follows Total -V.78, 12,287 31. lAabUities— Stock Income Total -V. 623.012 848,«8l 8.94^,000 $ 871,282 21,S36 977 $ 51,600 826.724 809,609 100,100 672.433 462,876 3t9 6V9 260,6P8 171,521 2.9-5 1.9V<8 Offlcefnrnlture nt 436 Patents 89,^23 Kights.fran.& Imp's. 3,686,e00 3.609 ilOl . 1901. 1,049,479 925,701 Eur.3,861 d6f.l9,819 1908. ac- Including for coupons 1902. receivable Accounts recelva'e.. Treasury stock Stock and bor/ds, Investment acc'nt. Inventory Plant 1. 1804. Meiropol. St. Ry.. Pbllaclelpbia Bxlt. & Wash. 43 IsluDd rcfundini; 48 Ure,iou Sh rt Line retunding 48 Pitts. C. Cb, St, St. l.ouis con. 4s Nofolk & Western Division 1st lien and penernl mortgage 48 Atch. opeka & SantH Fe deb. 4s .. Imperial Japanese f s, 1st series " " (second syndloate) " " sed series — 'I Profit (.ver sale. $1,000,'jOO). Jnne.l9C2 N. Y., 4s of 2002. Long Diteof ) Oct., »30,ain U03 19,8S2| <i ' Oct., 1904 8ept., 1904 20,038 20,623 Oct.. 1904 May, 19 4 Mar, 104 15,032 22,844 12,817 19,520 Nov., 19U4 j;31,407 Jan., 1908 ^Pr<c« (with inf.)-, PuTch. sue. 94 67 - 97}^ i/108k-104 94 88J^ 90 - 97 103 KO 1lb6 100 MM, 296M 97 - 98Ji X Calculated on allotment of £200,000. y This Inwer price Is given after deducting commission of !> p. c. Irom higher price, lOi. z Price was 90X, from which was deducted M P c. commission. This crice, thougb given in both the Frick and Henlrlcks reoorts, would seem quite likely inaccurate m view of the sale price and iho protlts of the IT synaicdte. California Gas k Electric Corporation.— See Valley Coun- Power Co. under Industrials below.— V. 80, p. 1910, 471. Cbnada Atlantic Rj.— Offtring of Ouaranteed Bonds— The Biuk of Montreal, having purchased £1,025,000 of the £i 292,200 consolidated first mortgage 4 p. c. gold bonds due .lar. 1, 1955, "absolutely guaranteed by the Grand Trunk ties Railway of Canar'a, both as to principal and Int-srest," fifered the same in London at £99 p. c, saying cently 1 re- : The Interest Is payable Jan. 1 and Jaly 1, the flr*t coupon of 2 being payable Jan. 1, 1906. Both principal and Interest will ba payable at the Grand Truck Railway Co 's IHje In London, or a'l optli.n of holders at us olli e in Montreal Inlawrul money of 0-.Lat*, or at Its oflloe In New York In gold coin of the United States of A.in-rlca p. o. < A THE CHRONICLE. 2620 at tlie fixed excharpe of $t 8R to the £ sterling. The bonds are eeonred by mortgaKe dated May 18, 1905, in favor of the Royal Trust Co. of Montreal, con-ttutlnjr a coDBolidated first charge on all the real and personal property excepting ships, and branches or extensions to be h-reaft<>r constructed, and eu^j80t to prior Issues below mentioned. Thelesne of £3,292,200 oompriees the entire bonded debt, and Is held as follows: Keta'ned in treasury, to bo Issued for betterments under re£411,100 strictions stated in the trust deed Deposited with the trustee for retirement of equal amount of prior luenes still outstanding, bearing interest at 5 p. c, and maturing jAn 5, 1909 598,400 Issued in exoharge for outstanding first morfgage bonds previously l8PU<=>d, and which have matured and been oanoPled.i?,28'2,400 [The bonds offered are a part of this last lot.] -V. 80, p. 2343, 1727. Cliieapo Barllneton & Qnincy B,Ii.—Bjnds Offered.- J. P. Morgan &Co. and Clark, D jdge & Go. are offaring at 108 and interest, by advertisement on another page, |28,859,00() Illinois Div. mortgage 4 p. c. bonds, due July 1, 1949. These bonds are the balance of an issue of $85 000,000, of which $oO, 835,000 have already been issued as 3J^ p, c. bonds and $1'). 306,000 as 4 p. c. bonds, all subjsct to retirement as a whole but not in part at 105 and accrued interest on any interest day after July 1, 1929, upon a\x months' notice. The bonds are issued to retire 119,699,000 consolidated mortgage bonds which matured in 1903 and were extended to July 1, 1905; and for corporate purposes. Upon the payment of the consols on July 1 and the discharge of the mortgage geauring the same, the Illinois Division bonds "wiU become an absolute first mortgage on the terminal property of the company in Chicago and all of its main line and branches east of the Mississippi River, consisting of 1,611 '73 miles of single traok and 204 miles of second track." la part payment for bonds purchased, the maturing bonds will be received at par and interest to Jaly 1st. New Directors. The following changes are announced: New Directors.— GBorsre P Baker, George O. Clark, Samuel Thorne, J(>mesN Hill, John J. Mitchell. Retired. -E. H. Harrlman, E. T. Nichols, Jacob H. Sehlff, H. McK Twombly and Geo. J. Gould. Called BoKds.— Bonds to the following amounts have been called for redemption and will be paid at the new England Trust Co., Boston, July 1, 1905, interest then ceasing, viz.: — [Vol. lxxx. & Cincinnati Elevated RR. & Transfer & BridRe Co,, and a contract dated the day of 1905. between the Chesapeake & Ohio Ry. Co. and the purchasers and future owners of said stock." Capitalization: Common stcck, $10,000; euaranteed 4 p. o. preferred stock, authorized, $1,000,000; issued and outstanding, $650,000. There is no bonded debt. See V. 80, p. 2398, 1723. , CiDclnnatl New Orleans & Texas Pacific ny.—City StlU for Terminals. ~^ee page 2631, State & City Department.— V. 80, p. 2398. Cleveland Cincinnjiti Chicago & St„ Louis Rj.— Stock Bjiid-) Author izei, —The shareholders on Wednesday ratified the propo&iMon to increase the limit of cnmmon stock issue by $11,300,000. Compare V. 80, p. 2399, 8343. Colorado & Sontherju Ry.—New Mortgage.— The 'fihaxeholders on June 15 formally ratified the proposition to make a new mortgage in amount not exceediDg $100,000,000. Compare V, 80, p. 1971, 1911. olumbla (S. C.) Electric Street Railway Light & Power Co.— CowioZi fafzji.— The shareholders on June 15 formally «pprovpd the proposed consolidation with the Columbia Water Power Go. The agreement has also been approved by the Power Company's shareholders, and will go into effect, it is understood, on July 1. See official statement in V. 80, i p. 1971. Colnmbns New Albany & Johnstown Traction 0,0.—New Mortgage. — None of the bonds issuable under the new $450,(00 mortgage has yet been issued; $50,00) thereof are reserved for prior liens. The interest is payable July 1 and Jan. 1 at office of trustee, the bonds being dated Jan, 1, 1905. Tbe mortgage, it is stated, covers 25 8-10 miles of track. See V. 80, p. 2399. ConEoiidttted bonds off tired by Ry., Connecticut. & L'^e, Higginson 19'>5) Issued in —Bond Offend.— The B jston, are $1,000,000 < Co., connection with the purchase of the Springfield Street Ry. and not, as reported by a Baston paper, the graded interest bonds issued for the conThe reply to our telegram trol of the Berkshire Street Ry. of inquiry was delaye'l or the error would not have appeared in this column.— V. 80, p. 2457, 1911. Delaware & Bouad Brook RR. —iVo Bids Accepted. All (1) Burlington & Missouri Blver RR. Company In Nebraska, nonbids received by the company for the $1,800,000 new ^% p. c. exempt 6 p o. consolidated mrrtgage bonds dated 1878, due July 1, bonds were rejected and no further action has been taken in 19 8, viz.: $173,000 in $1 .000 bonds and $20,400 In $R00 bonds. (2) Republican Valley RR. 6 p. o. bonds dated July 1, 1879, due regard to their sale.—V. 80, p. 1728, 118. July 1, 1919, viz.: $21,000 in bonds for $1,000 each and $6,600 in Detroit Sonthern RR,— Notice to Certificate Ho'ders bonds for $600 each.—V. 80, p. 2457, 1058. See Ddtroit Toledo & Ironton Ry. below. -V. 80, p. 2457, 2399. Chicago Great Western Uj.—New Stock for Mason City & Detroit Toledo & IrontOTi Rj.-Ann Arbor PurchaseFort Dodge Preferred— Offlciil Circular,— President A. B. Collateral Trust No 'es— Equipment Trust Notes —The shareStickney, in a circular referring to the proposition to increase Juae 26 (I) to ratify ttie purchase of 30,010 the preferred B. stock from $10,000,000 to 124,000,000, aFudes holders will vote stock and 21,900 shares of the comto the contract entered into with the Mason City & Fort shares of the preferred mon stock of the Ann Arbor RR. Co. (2) to authorize the D.dge Co. respecting the interest on that company's first of this stock, together with $5,000,000 of the consolipledging mortgage bonds (compare V. 80, p. 289S,) and says dated mortgage bonds of the D T. «& I. Co , to the United In consideration of this lease, and to make its possession more secure, the Chicago Great Western By. Oo. has purchased all the Spates Mortgage & Trust Co., as trustee, under a collateral common stock of the Mason City & Fort Dodge RR. Co., giving Us own trust agreement to secure $5,500,COO of 33^ -year 5 p. c. notes common stnck In exchange. The Mason City & Fort Dodge Co has dated Jane 1, which are to be turned over to Raiolph KleyIssued $12,000,000 of first mortgage bonds, and In lieu of Issuing in exchange for (a) the aforesaid shares and (6) $7,840,000 of additional securities bearing a fixed interest at the rate bolte & Co. The collateral trust agreement provides of 4 p. 0. per annum. Is willing to issue $14,000,000 of 4 p. c. preferred $500,030 in cash. stock (nonoumulati^'e), and transfer It all to the Chicago Great tor issuing not more than $1,500,000 additional collateral Western in exchange for a like amount of its 4 p. c. preferred stock trust notes to acquire the remainder of the capital srock of B, and it is for this purpose that the directors raoommpind an increase t-he Ann Arbor Co.; (3) to approve a contract with Radoloh of the 4 p. 0. preferred stock B from $10,000,000 to $24,000,000. It this exchange is made, the Chicago Great Western earnings will be Kieybolte Co. for the delivery of 1,800 coal cars, 200 flat Increased, by reason of the construction of the Mason City & Fort cars, 500 box oars and 30 locomotives in exchange for $235,Dodge RR.,by the earnings of that company in exoess of $1,80,000 per OCO cash (part of the aforesaid $500,000) and $2,080,000 4^ P. c. annnm (4 p. c. on $12,000,000). At the beginning of June, 1S0^, the date of the first mortgage bonds equipment trust notes, dated June 1, 1905, and due $208,000 of the Mason City & Fort Dodge Co., the Chicago Great Western Co. annually beginning Jane 1, 1908, with interest thereon paywin hold net earnings of the Mason Olty & Fort Dodge Co. amoantina; able Dec. 1 and June 1. to about (8873,000, which, as soon as the increase of the preferred The temporary stock certificates of this new company have been isstock B is sanctioned by a vote of the shareholders, can be added to sued to theDBtroit Sonthern reorganization committee in the amounts the surplus of net earnings of the Chicago Great Western Ry.; otherwise this $873,000. plus $128,088 already taken Into earnings of the provided by the plan, and are now held by the depositary of the comChicago Great Western, Is liable, under the oontriot, to be paid out mittee pending the distribution of permanently engraved csrtifloates, during the first years of its operation, while earnings are developing, which will take place as soon as the certitioaces are received from the engravers. In the meantime the notice of the aforesaid meeting was as interest on the $7,810,009 of additional securities, which the Mason sent to the holders of certificates of deposit for voting trust certificates City & Fort Dodge is entitled to issue. Adding $873,000 to the surplus earnings of the Chicago Great Western Company will strenethpn of the predecessor company, with the request that they etate l>y Jane the position of the 4 p. c. debenture stock, strengthen and lay the 24 how they wish their stock to be voted.— V. 80, p. 2457, 2899. foundation for permanent dividends on the 5 p. o. preferred stock A, Detroit United Ry. — Opiiwi to Refund.— Kesiu, Van Cortand when the preferred stock A is thus put upon a permanent divi- landt & Co., New York, referring to the notice that the dend basis, with a surplus of earnings behind it, the value of the preferred stcck B and common stock will be advanced. These are the $6,585,000 Ddtroit Cit^z^ns' Street Ry. Co. Ist consolidated facta and arguments which have induced the directors to recommend mortgage 5 p. c. bpnds due July 1, 1905, will be paid at mathe incrense of the preferred stock B as beneficial to the holders of all turity at the Guaranty Trust Co., 28 Nassau St., announce of the different classes of Chicago Great Western stocks. The $7,840,000 4 p. c. seourltles which the Mason Olty & Fort by advertisement on another page that they have purchased Dodge is entitled to Issue represents actual cash Invested In the prop- the Detroit United Ry. 1st consolidated mortgage 4>^ p. c, erty in excess of the first mortgage bonds. Therefore the exchange gold bonds due 1932,'lesued to replace the Citizens' bonds would be equivalent to paying 56 cash for the preferred stock B wh'ch would be Issued to them, which is largely in excess of its present above mentioned, and would be pleased to submit the terms market value. (Compare syndicate extension, V. 80, p. 1911.)— V. 80, under which holders of the latter may exchange their bonds p. 2457, 2398, 1911. for the Detroit United 43^8. Dividend Iwrreased.—A. quarterly dividend of IJ^ per cent Ihlcago Kock Island & Pacific Ry. Co —Guaranty of Interest.— See Consolidated Indiana Coal Co. under "Indus- has been declared by the company, payable Aug. 1. This trials" below.— V. SO, p. 2398, 1856, increases the yearly rate to 5 per cent from 4 per cent reguCinclanatl Inter-Terminal UR.— Guaranty.—The certifi larly paid since March 1, 1901.—V. 80, p. 1123, 1111. Eastern Ohio Tractioa Qo.— Reorganization Plan,— cates for the $650,000 of first preferred 4 p. c. cumulative reorganization committee, consisting of George T. Bishop, Btook are endorsed as follows: H. P. Mcintosh, W. D. Raes, H. A. Everett and W. H LamOUAHANTT BNDOBBED ON EACH CERTIFICATE OF iBT PREF. STOCK. under foreclosure of " The CovliiKt^'n & f Inclnnati Elevated RR. & Transfer & BrldKe Co. hereby precht, proposes the sale of the property guarantees the payment of the four (4; per cent annual dividend hereon, this the consolidated mortgage and the organization of the Cleveday of 190—." land & Mahoning Vallwy Traction Co., which will be authorRECITAL OP CONTBACT OBLIGATIONS ALSO ENDORSED OH CERTIFIOATBB. ized to lesue the following securitiee: of the said 4 p. c. annual dividend Is secured out of the rent ./'Z''° l-^?*?..*' to NEW 8ECOHITIE8 TO BE ACTHOBIZBD AND ISSUED. be paid by the Covlnvtoa & CIncliinall Elevated RR. & Transfer & Bridge $2,000,000 '" ".S?^"*'" contract of date of 6th day of .January. 1H05, beNew common stock. In shares of $100 each r.il;''"'.'!''"^^'.''®'.' ^^^- ^°- a"" The Covington & OInclnnall $1,745,922 Of which now iBsnable VT^v"«i'.® 2 a*'""';"-^.'".?'':!^'"™'"*' "'"«'er HrldKO Co. *^ The payruenl of the said 4 p. c. dividend Is & fii^^,\r 25<,078 To remain In treasury *''« '';^"^''".?^ '^'•y "' Aorll, U04, between the Loulsv?iiP * fSri'^m "?,& $1,000,000 Preferred 5 p. o. stock, cnmnlatlre after July 1, 1907 '^•""^"Ckv Central Uy. Co. and theCovlnRton & rin^iS^,!!?r'i.T"'".'^?J^.V-.'''?n' $894,525 which now issuable Bridge Co.. and a contract of the 6th Of Unn^J,*J*,\?nl"K'*;*^'^"w»'f<V;^* Sav if oay Of January, 1906 between the Chesapeake & Ohio Ry. and said 10,^.475 To remain In treasury CovluKton 4 per cents (iue — 1 — ; : & , '.'/ ''^•"' ' June THE CHRONICLE. 24, 19U5. New first oonsolldated moitgage 5 p. o. bonds, a first lien on the property south of Punderson's Lake and east of Chafjjrln Falls, a second mortgage on the Cleveland & Eastern division and a third men gage on the Cleveland & Chagrin Falls division (preferred stojk to be given In Ilea — This action is looked upon as a test case. The At* torney-Ganeral is seeking the co-operation of local authorities throughout the State in defending the valuations fixed by the State Tax Commission, there being, it is said, more than one thousand suits panding with respect to the value of special franchises. Compare V. 80, p. 2344, 1363. bridge. all of first year's Interest 2o2l on bonds now Issuable, "thas pro- viding against an inorease of fixed charges until oompletion of property ") $2,500,000 $35o,O0O Of which now to be sold To remain in treasury 350,0C0 Reserved for bonds undisturbed 1,300,000 OLD BONDS UNDISTCfiBED. Cleveland & Chagrin Falls mortgages [1st mortgage, $200,000; 2d mortgage. $100,«'00] $300,000 Cleveland & Eastern Ist mortgage 1,000,000 money to the amount of $878,000, it is stated, is needed for the following purposes, viz.: Floating debt, $300,000; accrued Interest on O. & E. and C. & O. F. mortgages -say $30,000; monev required to be spent on property, $200,000; estimated expense of reorganfzition, $11,000; to onlld 16 miles, Garretsvllle to Warren, etc.. including sub-station atid four cars, $320,000; Shaker Lahes and Boulevard RR. Co., $17,000. The new mileage, it is stated, will Include about thirteen miles to Leavitt^burg, where a connection will be made with the Mahoning Valley Traction Co. and aconneoting line, 1^ miles in length, between the Cleveland & Eastern division and the Qarrettsville division at Punderson's Lake. New The funds, $878,000, for the aforesaid purposes, it is proposed to raise by selling at par |113,000 of the ($l,000,COO) Cleveland & Eastern Ist 5s now in the treasury, giving therewith 10 p. c. of new preferred stock as bonus; it is also proposed to sell at 90 tbe present issue ($850,000) new first consols, giving as bonus therewith 10!) p. c. in common stock, and in lieu of the first' year's interest on the bonds 15 p. c. of preferred stock. The stockholders who desire to participate in the reorganization must subscribe for the aforesaid bonds to the extent shown in the following table, the bocds being given in return for the oath payment. The holders of disturbed securities are treated as follows: -And receives Each ^\ ,Q00 hands ~ Pays New O. <££. Preferred Oom. Cash,. Bonds. $100 stock— Bonds. Stock. Slock. Consol. 58 ($709,000)... None x$l,025 Inoameb'd8($290.000).. None 103 $i',6'oo > Cerilfloates (a!32,600) for C. & E. old coup. & int par zT!38 87 IT $37 63 Stook ($2.258,800) $5 00 ab't6i4 f62-63 X Of this amount $25 represents bond Int. from Jan. 1, 1905, to July 1, 1905. yOf this amount, $37 6a represents bonus given with new t>ondg and $25 represents amount of new stock given In exchange for $100 old stock. zThe first call for money will be made payat>le July 1. 1905, and will be $1N 87 per share. IT The new Consolidated bonds now Issuable will be deposited with the Cleveland Trust Co. for two and o?ie half years uncier the maudgement of H, P. Mcintosh, W. H. Lainprecht, H. A. Everett and W. D. Rees. syndicate managers, subject to s»le by them at not less than 90 p. c. face value and accrued interest; the syndicate manaKcrs to receive one twentieth of one percent face value for their services, and in addition all expenses of sale, etc. The trust company will Issue its negotiable reaeipts for these bonds aad pay on said receipts the interest collected by it on said bonds.— V. 80, p. 1478. Erie & Jertey RK.—6?waran/eed Sonds.— See Erie RR. ErieRR.— Zo;ij Grade Cut O^-Bonds.— The Erie & Jersey RR, Co. was incorporated at Albany on June 5 with $600,000 of authorized capital stock to build for the Erie RR. a low-grade cut-off from Highland Falls, via Campbell Hall to Quymard, in Orange County, a distance of 40 miles, obviating the neaessity for helper-freight locomotives and shortening the route for passenger trains on this division of the main line. An issue of |lO, 000,000 first mortgage 50-year 4 p. c. bonds is contemplated to cover the cost of the cut-off. NiW Route to Morristoivn, N, J,— The company on May 29 began operating throt^gh passenger trains between Jersey Georgetown & Western.—iVetc Reaiver.—F. A. Willcox has been appointed Receiver, succeeding F. S. Farr. Mr. Farr continues to be Ganeral Manager.— V. 75, p. 1354. — Gramd Trunk Rv.~ Guaranteed BrndsO^'end. See Canada Af.lantio Ry. above.— V. 80, p. 2457, 1909. Gttlf & Ship Island RE,— Lumber Exports,— DariDg the month of May, 19J5, the road handled export lumber amounting to 16,472,000 feet. For tbe eleven months ended May 31, 1905, exports amounted to 209,225,750 feet, as against 171,082,657 feet for the same period of the previous year. V. 80, p. 162. Gaajaqnil & Quito Rj,— Report.— A pamphlet report has been issoed for tne calenciar year 1904 showing: Gross earnlogs, £68,049; oaeh from Government of Ecuador to pay Interest on bond?, £121,848; total, £189,897; operating expenses, £67,600; Interest on bonds, £121,348; balance surplus, £449.— V. 80, p. 2457. Hndgoin Yalley (Electric) Ry,—Sale of Trust Company's Holdings —The offer of $850,000 from the Colvln syndicate for tbe securities of this company held by the Merchants' Trust Co. was accepted on June 19 by the board of directors of the corporation. The syndicate, it is said, includes John of New Jersey (Chairman of the executive committee) and other men Identified with President Colviu in laf-.ter W. Herbert his undertakings. The securities, etc., now purchased by ihe syndicate, we learn, include: Consols df 1,136,000 Hudson Val. Rv. 8took.$l,100,000 110,o00 North River RR. stock. North River RR, 68.... 110,000 Car trust notes 16,500 Promissory notes 110,000 d Of which $275,000 was held by tbe trust company as collateral See V. 80, p. 2344, 2457. Interborongh Rapid Transit Co.— Acquisiiion.SeQ New York & Long Island Traction Co. below.— V. 80, p.2458, 2399. Kansas City Fort Scott & Memphis Ry.— Ca led Bondi,— Thirty-four ($34,000) Fort Scott Eqaipment Co. 6 p. c bonds are payable bv the trustees at 50 State Street, Boston, on July 1, 1904.— V. 80, p. 1728. Kansas City Talsa Prcjuctei Line. —A & Southwestern RR. -New Stock for certificate of increase of capital stock from $2,000,00J to $5,000,000 was filed at Guthrie, Okla., on May 25. The company proposes to build a line from Talala, I. T., on the Iron Mountain (Missouri Pac. Ry ) to Joplin, Mo. Incorporators: Jay Porsyfhe, M»jar Moberly, C. B. Lynch, Ed. C. Reynolds, W. A C )ok, W. H. Hendren, 0. S. Walker, M. B. Balrd and C. J. Sawyer. Headquarters Tulsa, Ind. Tor. Lflke Sliore & Michigan Southern Ry.— Increased Dmdetd on Stock Ottncd.— See Reading Company below. V. 80, — p. 2458, 1912. Lehigh Yalley Tractioa Co.— Foreclomre Sale.— At the foreclosure sales on Tuesday the reorganization committee bid in the property of this company for $3,000,000 and the property of the Allentown Slatington Street Ry. for $275,000.— V. 80, p. 2399. & Levis County (Que.) Electric Ry.— Sold.— At the Sheriff's on June 19 the property was purchased by John Foreman of Montreal for $50,000,— V. 80, p. 1235. Long' Island RR.—Acquisilion.—See New York & Long Island Traction Co. below.— V. 80, p. 1363, 1111. Manila Electric Railroad & Lighting Corporation.— Mortgage.— This company's first mortgage made to the Equitable Trust Co. of New York, as trustee, secures an issue of $5,000,000 5 p. c. 50-year gold bonds due March 1, 1953, but sul J9Ct to call for sinking fund, which begins March 1, 1903, at 105 and Interest. Of these bonds, $1,800,000 is outstand- City and Morri^town under a trackage agreement with the Morristown & Erie (V. 77, p. 511.)—T. 80, p. 1912, 1862. Evansville & Princeton Traction Co.—New Mortgage.— A mortgage has been made to the American Trust & Savings B ink of Evansville, Ind., as trustee, to secure an issue of 5 p. c. 20-year bonds dated April 1, 1905, and due April 1, 1923. Denomination, $1,000. Of the $700,000 authorized issue, $4CO,000 is reserved to retire at or before maturity a like amount of outstanding 1st mortgage bonds. The remaining $300,000 is issuable for construction of new lines, ballasting and other improvement3 acd additions. The press dispatch to the Cincinnati "Eaqulrer" which gives the above information states that the title of the line will be changed. sale —V. Mexi an National Construetlon Co.— Option to Mexican Central Ry -Wskitev Hinchtnan, Room 603, No. 11 Broadway, representing large holders of the stook, has given to the Mexican Central Ry. Co. an option to purchase the stock at the rate of $9 75 per share of preferred stock and 50c. per share of common stock, and 9^ p. c. for dividend scrip. All persons who wish to have their holdings included in the option must deposit the same before July 1 with the Commercial Trust Co., Jersey City, or with Mr. Hlachman. The 79, p. 2147. Franchise Taxation in New York State.— Payment of Taxes for 19 QO and 1901 by New York City Cos.— The spe- owed by New York City corporations for the years 1900 and 1901 were generally paid by June 13, less some portions still in dispute, in time to escape the tax sales, which for the years named were to begin on June 14. Most of the companies deducted from the tax the moneys paid to the city by way of percentages on receipts and fees for car licenses, etc. Such companies received receipts "on account," pending a decision of the matter in the courts. The Consolidated Gas Co. paid its individual tax in full, Among the payments made are: PAYMENTS ON ACCOUNT OP FRANCHISK TAX MOSTLY FOR 1900 AND 1901. ConsoHilated Gas Co $686,879 Metrop. St Ry.lor 1900. $774,335 1,888,305 New York Edison Co.. 165.015 Manhattan By SSi.OSO Standard Gas Llgat Co.. 176,434 Brooklyn City RR 66,547 Naosau E eotrio BR 257,724 N. Y. Mutual Gas Co 85,270 Brooklyn Unioo Gas Co.. 772,688 Bhlyn. Qn'n8 0>.<feS. RR. 27.706 do 4 sub-companies... 97,797 Kings County El. Lt.Oo. Edison El. 111.., B'klyn. 254,461 Citizens' Water Supply Co. 32.204 Co., as lessee of the Brooklyn The Brooklyn Heights CityRR etc., has brought proceedings to compel the city to offset against the special franchise taxes not only the amounts paid on account of car license fees and percentage of receipts, but the tental for cars run over the Brooklyn Bridge, and for power bouse and terminal space on the cial franchise taxes R R ing. -V. 80, p. 2899. RR—See Chicago Mason City & Port Ddd?e ern Ry. above.— V. 80, p. 2899. Great West- latter's circular eays: In case the option Is exercised it is the intention that the company cash assets, which it is expected will net about $4 per share, to the holders of the preferred stock, thus making, in case the option is exerolsed, a total payment of about $13 75.— Y. 80, p. 1173. shall distribute its Mobile & Ohio RR.— Increase in Ditidind.— This company, of whose $6,070,600 capital stock $'),682,6C0 is owned by the Southern Railway Co., announces a dividend of 4 p. c. paid June 15. In 1904 aod 1903 2 p. c. was paid yearly and in 1898 1 p. V. 79, p. 2082. c— Montreal Bridge Co.— Change of Name.— The GovernorGeneral at Ottawa on June 7 signed the bill authorizing this company to change its name to the Montreal Bridge & Terminal Co.— V. 80, p. 1368. Montreal Bridge & Terminal Co.-Sse Montreal Bridge Co. above. ,; THE CHRONICLE. 2622 Nashrille (Tenn.j Railway & Light Co.— Ca/Zed.— The [Vol. the determination of the ment on Jnlv electric road 1. —On May 1, No. 2, 2% paid on the preferred shares, discharging, it is Dividend 1905, dividend accumulated dividends.— V. p, c, was stated, all 79, p. 37S6, New Orleans Bailways Co.— /Sa^e— At the sale on Jnne 32 the company's security holdings were bid in for $10,(00,000 by the reorganization committee. The foreclosure sale of the real estate is advertised for July 8. Successor Company.— See New Orleans Railway Light & CJo. above.— V. New 80, p. 2345, 3230. Orleans Railway & pany,— This company, whicb Light Co.—Eeorgar.izd Com- to succeed to the property of the New Orleans Railways Co. after the foreclosure sale is confirmed, pet plan in V. 80, p. 323, 651, is publishing its charter under the Louisiana laws in the Necv Orleans papers (see New Orleans "Picayune" of Jane 18). is ttt. Fabllc Service Corporation, New Jersey—Proposed Fast Route to iVisw>ar&.— President McCarter announces as follows entire oatstandiog iasae of bonds of the subsidiary CnmberPower Co. ($887,000) has been called for payland Light & t. is company to build a high-speed City, to a connection it supposed with the tunnels of the Hudson Companies for New from Newark to Jersey York: The road will be oonBtrueted and operated by a subsidiary corporation soon to be org anlz<)d, and will be built with the finest modem electrical construction. There will be no grade crossings within the limits of the city of Xewarh; it will be a sub surface road; the Passaic River will be tunneled; it has not yet been determined whether to tunnel or bridge the Haokensaok River. The route through Jersey Olty will be in part elevated and In pert below the grade. The financing of this large project has been provided for. To secure the necessary terminal rights New York Olty and to constrnct the road will, of course, consume considerable time, but the work will be proceeded with as rapidly as posalble. In connection with the terminal station in Newark the company will erect a building for Its cfflBes.— V. 80, p. 2220, 1424. m Rapid Tran&it in New York Citf.— Aldermen's Suit— The proceedings to test the validity of the Act of the last Legislature transferring the franchise powers of the Aldermen to the Board of Estimate were begun on Jnne 14 in the Supreme New York Central & Hadsnn River RR.—AppUeatitn to Court throush a taxpayer's suit broaght in the name of List.— The New York Stock Exchange has been requested to Clement H. Wilcox. This suit seeks to prevent the Mayor and the Board of Estimate from "considering or taking any list $8,000,COO additional SJ^ p. c. mortgage bonds of 1997, action whatsoever" on the plans for the new subways which making the total li&ted $85,0jn.000. 18 Hour Train to Chicago VFtt/i';rawn.— Following the ac- were sent to the board by the Rapid Transit Commission for cident to the 20th Century Limited at Mentor, O., on Wed- approval. A restraining order was granted by Justice nesday night, when 19 persons were killed, it was announced Blanchard on June 16. The case, it is said, will be carried on June 22 that the 18-hour schedule betwepu New York and by the Aldermen to the court of last resort if necessary. The Aldermen on Jnne 6, by a vote of 43 to 17, adopted a Chicago had been abandoned.— V. 80, p. 2453, 1729. resolution to the effect that the aforesaid Act of the LegislaNew York New Haven & Hartford kU.—Diviiend en Stock Oiined. —See New York Ontario Western Ry. below. ture made it impossible for them to take action on matters emanating from the Rapid Transit Commission until a deci-V. 80, p. 2458, 1971. sion can be reached in the suit now pending.— V. 80, p. 3845, New York Onlario & Western Rj.— Dividend.— A dividend of 1)4 per cent on the common stock haa been declared, pay Reading Company.— Common Stock Dividend Increased. able July 81, to stockholders of record July 21, out of earnThe directors on Wednesday declared a dividend of 2 p. c. ings for the year ending Jnne 30. The estimated gross earn- on the $70,000,000 common stock. The first dividend, 1^4 p.c, ings for the year are about $7,000,000, and the eurolus over was paid on Feb. 1, 1905. The Baltimare Ohio and Lake charges 1 1,800,000, leaving, after payment of the dividend, Shore Michigan Southern each owns, it is supposed, calling for $871 ,770, about $400,000 balance for the year. A $10,002,500 of the common shares. See Lake Shore in V, 80, first dividend of 3 per cprit on the stock was paid in Jacuwy p. 1853.- V. 80, p. 1729, 118. last under the plan (V. 79, p. 1382) for terminating the St. Lonis Iron Monntiiin and Sontiicrn Rj.—New Car voting trust.— V. 80, p. 2345, 1863. Trutits.—See "Iron Mountain Car Trust" under "IndusNew York & Long Island Traction Co.— Ue-SoZd.— Con- trials," below —V. 80, p. 2459, 473. tracts were signed on June 20 by August Belmont, President Sonthern Ry.— Increase in Other Income. Sse Mobile of the laterborough Rapid Transit Co., and Ralph Peters, Ohio RR. above.— V. 80, p. 1054, 473. President of the Long Inland RR., by which these corporaTexas Central Ry.— /wcreased Dividend.— The directors tions jointly purchased the New York & Long Island Trachave declared an annual dividend of 5 p, o. on the common tiod Company for about $1,500,000. The Interborough interstock, payable Jnly 15 to holders of record July 5, contrastests have for some time past controlled the New York & ing with 2% p. c. annually for 19D1-1904, both inclusive. —V, Qaeens County Railway Co., which owns the trolley roads p. 469. in and abont Long Island City. The new officers and direc- 80, Toledo St. LottJs & Western RR.— iVew O^eer.— Charles E, tors of the New York & Long Island Traction Co. are: Spencer has been elected Secretary and Treasurer, with office oncers— President, ArthnrTurnball, President of the New York & Qaeens County RR.; Secretary, Fraak E Haflf; Treasurer, Jordan J. at 60 Wall Street, New York, succeeding J. H. Seaman, rebolllns; General Manager, F. L Failer. signed. V. 80, p. 2459. Directors.— August Belmont, Ralph Peters, E. P. Bryan, Vice-PresiTonopali RR.—Calkd Bonds.— Ot the first mortgage bonds dent of the tnterborough; David O. Green, Assistant Secretary of the Long Island; Oen. James Joardan, a director of the Interborough; A. of 1904 thirty-three ($33,000) have been called for payment L. Langdon, Trattio Manager for the Long Island RR.; Alfred Sbltt, at the Land Title & Trust Co., Philadelphia, on July 1 at par Manager of the Interborongh's elevated llne«; O L. Addison, Oenerai and intereet.-V. 80, p. 164 Superintendent of the Long Island, and Arthur Tarnbnll. Trinity & Brazos Yalley RR.— Secwities Approv.d.—A See p. 2580 of Stbeet Railway Section issued to-day. press dispatch from Austin, states that the Texas Railroad Also V. 80, p. 2458, 2345. Commis'^ion has approved the issue of $150,000 stock and Norfolk & Sonthera h.R.—New Officera.—G. W. Van Voor$1,580,000 bonds on 79 miles of completed road, being $2,000 his has been elected Treasurer and A. H. Larkin, Secretary, in stock and $30,009 in bonds per mile. The control of the both with offices at 54 Wall Street, New York.— V. 80, p. road recently passed to the Colorado Southern, and the above 2345, 1112. securities will presumably be deposited under that company's Flilladelphia & Erie RR.- Dividend Increased.— A, semi- new bond iesue. The Southern, it is said, will take over the annual dividend has been declared on the common stock, management on July 1.— V. 80, p. 1480, 173. payable June 80 to holders of record Jane 23. This increases United Railways Co. of St. Lonis.- 0#er to Purchase the annual dividend rate on the common shares from 4 p. c. as for the past three years, to 6 p. c. Of the outstanding Common Stock.— F. P. Smithers «fc Co, give notice to the common stock ($7,985,000) the Pennsylvania RR. Co. on holders of voting trust certificates representing common Dec. 31, 1904, owned $3,499,800, the increase in the annual stock that they will pay therefor $32 50 per share on presenrate adding about $70,000 yearly to the income of that com- tation, endorsed in blank, at their office. 44 Exchange Place, New York, on or before July 22. The offer is made under the pany.— V. 80, p. 1476, 718. of an agreement with Brown Bros. & Co., as managers terms Pbilippine Railways.- GoverMmeni Invites Bids for Construction — A prospectus was issued at Waehington, D. C, on of the syndicate, formed for the purchase cf certain bonds of June 11, by Secretary of War Taft, throngh the Bureau of the St. Louis Transit Co. and bonds and stocks of the United Insular Affairs, asking for bids for the conscructlon of about Railways Co., who sold to Smithers & Co. certain of the offer the 1,283 miles of railway in the Philippines, viz.: In Lazon, 833 above certificates, stipulating that the latter should Hame price to all other holders of voting trust certificates.— miles; Panay, 100 miles; Negros, 100 miles; Cebu, 95 milef V. 80, p. 2231, 1780. Leyte, 65 miles, and Sam^r, 50 miles. United Railways & Electric Co., Baltimore.— S'aZe of The bids must be In the hands of the Philippine Government at Manila or at the office of the Bureau of Insular Affairs at 9 a. m., Eqwpment 5s.— The company has awarded to Baker, Watts Nov. 1, 190^. The Cooper Act, paBsed by Congress on Feb. 6, em- & Co. and Hambleton & Co,, both of Baltimore, $1,000,0C0 of powers the Philippine Oommieelon to guarantee not more than 4 p. o. lO-year 5 p. c. car trust certificates to cover the cost of 40 yjterest on the bondB of the oonoesfilonalres for a period not to exieed SOyeara. The roarta are to be exempt from all taxation and In lieu blgh-epeed cars and 160 medium-speed cars, which are to be luereof the Philippine Government shall be paid an amount equal to delivered during the fall.— V. 80, p. 2346, 1725. i« of he gross earnings for 30 years, 1»« p. o. for 5o years 1 p. 0. of thereaJter, and snbstquently the amount shall be flxed by the Philip Yirgiuia Passenger &, Power Co., Ricnmond, Ya.— Decipine Go\ernment. sion. —The Supreme Court of Virginia on June 15 reversed Port Angeles Faciflc RR.ceivership.- Judge Hatch the decision of Judge Mullen of the Circuit Court of Petersof the Saperior Court at Port Angeles, Wash., on Jnne 5 ap- burg, appointing a receiver on the application of George E. pointed W. F. Dtlabarre, Vice-President of the Citizens' Na Fisher. This leaves the property in the hands of the receivtlonal Bank of Port Angeles, as receiver for the property of ers appointed by the United States Court. Compare V. 79, this projected road, upon the application of President 2087, 682; V. 713. p. 80, p. M. P, Backus, of the Washington National Bank of Ssattle. The Western Pacific Rj.— New Mortgage. —The shareholders ^^ corporatlonp, the Smith- Mastlok Coastractlou Co. and on June 23 ratified the new $50,000,000 mortgage which Is to u the Elmlra Logging Co., were placed in the hands of replace the existing first mortgage (now to be canceled); also C. J. Farmer of Port Angeles as lecelver more than a year ago. traffic contracts with the Denver & Rio Grande and Rio See V. 78, p. 1908. Grande Western, which companies agree jointly and severally & — & & — I R & B June : THE CHRONICLE. 24, 1905.] now 2623 believed hv many to virtually control the property." meet any defioiency in the earnings to provide for interest on the W. P. bonds. This guaranty is, we are informed, absolnte, and not contingent on any traffis gnaranty. New President.— mvT&Td T. Jeflfery, President of the Dinver & Rio Grande, has been elected President, succeeding W. J. Barnett, who will be Vice-President and G meral Counsel. The following are also announced: is OtBoera—JeBse White of New York. Vice-President; Virgil O. Bo^ae, VloH-PreBldent and Ghlef Eofdneet; J. Dalzell Brown of San Fr»neUoo, Tr«a8arer; 8. M. Bradbarg, Secretary. N<«w Directors— J. F. Valle and A. H. Calef of the Mlssonrl Paolflo; F W. M. Oatcbeon of New York; Warren OIney, H. Yard and W. J. See Columbus, Qa,. V. 80, ment.—V. 79, p. 2590. to Sbotwell. Executive Committee—President E. T. Jeffery, W. J. Bartnett, J. F. and Jesse White. Netc Stock.— The shareholders will vote Aug. 23 on increasing the limit of capital stock issue from |50,000,000 to $76,CCOMO.—V. 80, p. 2221, 1780. Valle, A. H. Calef V. — 80, p. 1481, 1287. Colnmbia (S. C.) Water Power Co.— Conscliditim.— See Columbia Electric Street Railway, Light & Power Co. under ' Rillroads" above, Columbus (G*i.) Water Works Co.— Bondholdere? Suit.— p. 985, State and City Depart- Commonwealth Electric Co., Cbleago.- B jnd Sale —Tho company has sold an additional $1,OOO.COO bonds to N. W. Harris & Co., the Merchants' Loan & Trust Co. of Chicago and Ruasell, Brewster & Co., jointly.— V. 80, p. 1970, 224. Concord (N. H.) Electric Co.—Nto Preferred Stock.—This company, most of whose stock was recently acquired by new interests, including several New Haven men, has authorized an increase of $50,000 in its preferred capital stock to provide for increasing the water-power plant at Sewell Falls by about 1,800 horse power. Of the $350,000 INDUSTBIAL. OAS AND MISCELLANEOUS. 5 p. c. bonds. $300,000 are outstanding, due July 1. 1931, subAmerican Fnenmatie Service Co.— Sale of 5oni«.—The ject to call at company's option after July, 1906, at 1073^. company has sold to Hayden, Strong & Co. and Geo. A. -'The company has no other indebtedness." Stock authorFernald & Co. $600,000 of the first mortgage collateral trust ized: Common, $300,000, all outstanding; preferred 6 p. c, slnhing fund 25-year gold bonds, with an option to purchase, $150,000; outstanding, $100,000; par of shares, $100. Presifrom time to time, additional bonds as the necessities of the dent, Allen H^llie; Vic«-Pres., F. P. Royce; Treas., A. B. company may demand. The proceeds of the present issue Tenney. See V. 77, p. 300. will be used to pay floating debt. The first mortgage is for Consolidated Indiana Coal Co.— Subsidiary of C. R. I. <& $5,CO0,OCO, but only $1,000,090 has been authorized by the P. Ry.— Status.— Tonohing the recent sals of $2,503,000 of dirfctors. JReport.— Results for years 1904 and 1903 compare as follows: this company's first mortgage 30-year sinking fuod 5 pc. Earnings. Expenses. Dividends. Bal Surp. gold bonds of an authorized issue of $4,000,000, Robert MaTear— 1904 $312,166 $276,824 ther, Chairman of the Execulve Committee of the Chicago f35,342 1903 299,381 29,481 269,900 Rock Island & Pacific Ry. Co., under date of June 18, says: , 1902 285,111 Bonds outstanding Dec. 28,242 61,156 31, 1901, $38,000; 195,713 accounts payable' $529,568.— V. 80, p. 999. American Steel Foundries.— ok d hme.—lt is currently reported that the management contemplates the making of an issue of bonds or notes, and the directors at their meeting on June 28, it is thought, will take definite steps regarding the same. No action has yet been taken on the payment of dividends on the preferred stock, which were sus- pended in August, 1904.— V. 80, p. 653, 602. Bell Telephone Co. of Philadelphia.— Option to Fubflcnbc,— Stockholders of record July 5 will be entitled to subscribe at par ($50) for $i,000,000 new stock in the proportion of one share for every 7 shares then held. The right will expire Aug. 1.— V. 80, p. 2395, 878. Boeton f oneolidated Copper & Gold Mining Co., Ltd.— Co'verti^le Debenture Stock.— The shareholders in London on June 16 anthorJz id an increase in the capital stock from £50O,0OD to £325,000 by the creation of 125,000 new shares; also in order to enable the American company to erect works, etc., for the treatment of low-grade ores they approved the issue of £350,000 of 6 p, c. debenture stock at par, redeemable at the end of five years on six months' notice at 105 p. c, or at the end of ten years at 110 p. o. The holders of the latter will have the right to convert the same into shares at the rate of £3 deb. stock for each £1 share; for this purpose the creation of the new shares was necessary. The debentures will be offered to the shareholders pro rata, the entire issue having been underwritten. About three- fifths of the stock The company will is said to be held in t le United States. build a railroad from the site of the proposed mill, at Pelican Point on Utah Lake, some 34 miles to the company's mines at Bingham,—V. 79, p. 502. The company, organized under the laws of Maine with a capital stock of S4,C00.O0O, Is controlled by the Chicago Book Island & Pacific By. Co., whloh owns a large majority of thestock and nnoondl Ionally guarantees the Interest on said entire $2,500,000 bonds by endorsement on each bond. The entire Issue, or any part thereof, Is subject to redemption at 110 p. o. and Interest on any Interest date on two months' notice. Sinking fund annually on or before June 1 of each calendar year after 1905. a snm equal to 5 cents for every ton of coal of 2,000 lbs. mined, to be sppllea to purchase of bonds at not In excess of 110 and Interest, If obtainable; otherwise to drawings at 110 and Interest. Bonds so purchased or drawn are to be kept alive and the accruing interest added to the slnKlng fund. The mortgage Is limited to a total Issue of $4,000,000. whereof $1,500, OCO are held In the treasury, and will only be issued for new property acquired. The $2,500,000 bonds have been Issued for the purchase 01 real estate, mineral rights, appnrtenanoas, etc., of the following coal companies, all located in Sullivan County, Ind., and for the additional parchase of about 6,000 acres of undeveloped coal lands in Franklin County, 111., on all of which property the bond s are secured by a first lien: North Jackson HUl Coal Mining Co.. T. O. Keller & Co., W. 8. Bogle Coal & Mining Co., Union Coal Co., Sullivan County Goal Co., Harder & Hafer Coal Mining Co., Star City Mine; Harder & Hafer (Hymera Coal Mining Co.), three mines. The company's coal acreage In Indiana comprises: Owned In fee, Inoludlcg surface and mineral rights, 1,350-26 acree; coal rights on 9,476'2H acres; total acreage, 10,8'26'62 acres; on which our engineer estimates the total amount of coal in place to be 159,289,000 tons. There are 9 shafts In operation and one additional shaft sunk but not yet equipped. The coal finds a ready market In Chicago and Indianapolis at an average price of about $ i 05 per ton; average cost of production for 19o3 estimated at 8 2 cents per ton, operating less than one-half time. Under the new conditions, assuring the necessary faoilitlee for marketlDK the product, the cost should not exceed 75c. per ton. It is estimated that the total output, whloh has been averaging about^ 6.000 tons per day, can shortly be increased to a dally oucpu'; of abou'; 10.000 tone. Based upon the records of the several companies, when operated Independently and with such economical management as the consolidation assures, the earnings are est imated as followe: Annual output, 1,250,000 tone; receipts from sales ($105 per ton), $1.h12,500; cost of production (80c. per ton), $1,00 0,000; net earnings, $312, £0i). Desinking fund payment. $62,500; duct Interest on bonds, $125,000 excess over fixed charges, $125,0) 0. With an increase In the output to 10,000 tons dally for 200 working days per annum, the receipts from sales, estimated at $1 05 per ton, would be $2,100,000; cost of production (SOc. per tonj, $1,600,000; net earnings, $500,000; deduot Interest on bonds, $125,000; sinking fund payment, $100,000; excess over fixed charges, $275,OCO. ; Boston Consolidated Gas Co.— Rcdictim in the Priaof This company, controlled by the Massachusetts Qbis Companies, announces by advertisement, signed by its PresiThese bonds are offered by Speyer & Co. in this city and dent, Jam^s L, Richards, that the consolidation referred to last week went into effect on June 15 and that on July 1, by A. G-. Edwards & Sons, as their agents, in St. Louis.— V. Oas, — 1905, the price of gas will be reduced to 95 cents per 1,000 cubic feet and on Jan. 1, 1906, to 93 cents. Capitol S^ocfc.— Notice has been filed that the capital stock, amounting to $15,124,600 (see V. 80, p. 1974), has been paid in in cash, and the entire proceeds invested in the acquisition oi the constituent companies.— V. 85, p. 2460. Brooklyn Borongh Gas Co.-Njw Bend Issue.— The management, by circular, announces a plan to issue $1,0C0,00 of general mortgage 5 p. c. 40 year bonds, dated June 1, 1905, of which $500,C03 will be reserved to retire $500,000 bonds outstanding, and the remainder will be used to pay fljating debt and provide for future extensions and additions. Last year $76,011, it is stated, was spent on extraordinary improvements.— V. 73, p. 618. Central Heating Co lletroit —Mortgage.— Thia company early in the year filed a first mortgage wifh the Ba'^kers' Trust Co. of New York as trustee to secure |1,000,OCO 5 p. c. gold bonds of $1,000 each. ) , These bonds, of whloh the present lesue Is $300,000, are date.1 Dao. 1904, and are due Dao. 1, 1923, bat ara eubjeot to call In any amonnts at par and Interest on any interest dav at the company's option. Interest ia payable June 1 and Dao. 1. The company Is Hald to have laid 17,136 ft. of steam pipe main an.1 9,300 ft. of surfuoe conBeotlOD, and to have 1,600 feet of tunnel of abont 6 ft. by 4»« ft. under the down-town district of the city. President, Franklin A. Plummer. Chfeago Paenmatlc Tool Co.— i2epor« aa to Control.— The Chicago "Ejonomiet" says: "It is reported that Charles Schwab has acquired the ehare holdings of Joseph Bayer. Mr. Sjhwab had previously been credited with owning 40 to 45 p. c. of the compiny'd stock, and with uis recent addition 1, M 80, p. 2401. Continental Paper Bag Co.— Dividend.— Thia company, by the International Paper Co., has declared a first quarterly dividend of 1 p. c. on its $1,000,000 common stock, payable June 30 to holders of record June 25. Dividends at the rate of 6 p. c. a year have for five years been paid on the preferred stock, of which $1,500,000 is now outstanding. See V. 69, p. 908; V. 73, p 786 Corn Products Co.— Diviiend Omt<<ed,—The directors on Tnesflay decided to pay no dividend at present on the |27,38'J,70) 7 p. c. cumulative preferred stock. From July, 1902, to Jan., 1903, dividends were paid on this stock at the full controlled c. per annum. The quarterly disribution in April last was only 1 p. c, The common shares from May, 1903. to February, 1904, received 4 p. c pt^r annum, but nothing since. The statement issued by the directors eays : rate of 7 p, After careful consideration of the trade conditions confrortlng the It lEadvlsable to pay any dividend on its capital stock for ihe current quarter at the present time, and they submit the following re^eon for such action Al; present the productive capacity rf all f.-ctories in the United States is more than eufllolent to supply the demand, foreign and dome»>tlc; such demand having also oeen somewhat restricted by the uniform high price of corn. A etrugtle between the Cf mpetltlve compani»8 ha^ resulted, from ihci-e market coEditlons, which has reduced prices and materially lessened earnings Under these clrcumstaBcee the directors have given the question of paying dividends Berloua consideration. The earnings of the suborolnate c( nipanies lor the present q-iartfr have been snfilolent to pay a dividend upon the preferred stock fqial to that paid for the last quarter, which was 1 p. c, but the directors thought, under existing conditions, It waa unwise to pay any dividend for the present, company, the directors have conplderto THE CHRONICLE. 2624 and that It was better to ase the moneys on hand to open Its Idle faotorles, and by Increasing prodaotlon reduce the cost of Its products. All of the subordinate oompanlen are In healthy physical and fltianThey have no floating debt, and estimating their olal condition. quick assets at actual cost, they have cash and quick assets amount Ing to about $3,000,000. It has been the policy of the management not to borrow morey for working capital or to Impair such capital by the payment of dividends, and a rigid adherence to that policy under existing trade conditions company's stockholders. rvoi,. t.xxx. stock, to be paid for at a price only commensurate with its dividends." copy of the renort, which is said to be a preliminary one, has been cill'^d for by District-Attorney Jerome. Attorney-General Julius M. Mayer also propcs38 to bring suit to recover for the Society any diverted profits. —V. 80, p. 2461, 2401. A believed to be in the best interest of the Is Green Bay (Wis.) Gas & Electric Co.— Bonds Offered,— Macdonald, McCoy & Co., Chicago, are offering in another column at 101 and interest $240,000 first and refunding mortgage 5 p. c. gold bonds, dated May 1, 1905, due M»y 1, 1935. For example, These bonds are subject to call at company's option at 105 7, and the reduction effected will equal about 40 p. o. the Cincinnati mill, with a oapaciry of only 2,000 bushels of corn per and interest from May 1, 1910, to Nov. 1, 1924, and at par day, is to be leased out; the business of that section was some time and interest on and after May 1, 1925, on any interest payago turned over to the Indianapolis plant, which is being enlarged for Interest payable May 1 and Nov. 1 at the office the purpose of handling the trade. The same metbod is being applied ment date. to the Nebraska City plant which has been closed down for months. of trustee. Wisconsin Trust & Security Co., Milwaukee, The policy is to get rid of the small plant capacity. The Chicago Wis. Denomination, |1,000. A circular says: rebuilt modernized since it was will one Concentration.— The " Chicago Economist" says: The company Is working out a eoheme for concentrating its plant capacity, so that its principal plants will not number more than 6 or and destroyed by flre, be manufacturing and distributing points of the company. Officials deny there is serious friction between it and the New York Glnoose Co. of which it owns 49 p. o. of the capital stock. The management has also, it is said, decided to rebuild the plant at Oawego, N. Y., destroyed by fire last February, increaeing the capacity, it is stated, to about 6,000 bushels of corn a day. Stockhcl J ings.— The " Chicago Inter-Ocean" states that at the time of the recent annual meeting E. A, Matthiessen, a brother of President C. H. Matthieesen, and William Ziegler, both of whom died a short time ago, held respectively $1, 410,000 and $1,569,000 preferred and $370,000 and $30,000 common, v^hile President Matthiessen himself held $370,000 preferred and $2,000 000 common. Payment vf Notes. The company Is reported to have paid $50,001) of its outstanding notes, reducing the amount of these notes from $400,000 to $350,000. Daring the past fiscal year $100,000 of these notes were redeemed, so that a total of $150,000 has been canceled since February, 1904.—V. 80, p. mill, of the largest — 1853, 1865. Capital stock $750,000 [of which $150,000 is 6 p. o. cumulative preferred-ED.]; bonds authorized, $750,000; in hands of trustee to retire first mortgage, $100,000; in hands of trustee for the acquieltlon ot additional property or for future betterments or extensions on the basis of 90 p. o. of the actual cost. $410,000; outstanding, $240,000. The first mortgage was $175,000, but the company will purchase and cancel about $75,000, leaving about $100,000 outstanding. Earnings lor the year ending March 31, 1905: Gross. $86,427; net, $34,571; interest charge, $17,000. The company controls, without competition, all the gas and electric lighting business In the fclty of Green Bay and vicinity, serving a population of about 23,000 and operating under franchises free from burdensome restrlctlona. The gas franchise was granted (or a period of fifty years and runs nntil 1915. The electric light, heat and power franchise Is perpetual. The sinking fund provides for the payment and oanoellatlon, beginning In 1910, of $300,000 of these bonds before their maturity. The company was incorporated recently in Wisconsin as Power Co which see successor of the Green Bay Light below. Wm. Mainland and Sinclair Mainland are, respectively, President and Vice-President of the new corporation. & , — Green Bay Light & Power Co. ->8' accessor, This company was incorporated in 1899 with $150,000 each of authorizad preferred and common stock; also an lesue of $175,030 first Cuyahoga Telephone Co., Cleveland.— Sc^nds Offered -The mortgage 58, due 1919, interest payable Jan, 1 and July 1 at H. R. Ashbrook Co. and Secor & Bell, both of Toledo, offered First National Bank, Milwaukee. The property has recently been purchased by the Green Bay Gas & Electric Co., which this week $500,030 of the first mortgage gold 53, dated Jan. see above. 1, 1899, and due Jan. 1, 1919, at 86 and Interest, 20 p. c. in stock being given as bonus. Company's telephone subflarrlsbarg (111.) Water, Light & Power Co,— Riceiverscribers in Cleveland and Cuyahoga County, O,, it is said, fi/iip.— At Harrlsburg, III., on Jnn*» 16, Juha W. Shaw was now number over 18,0D0, and are Increasing at the rate of appointed receiver by Judge W. N. Butler, upon application over 600 net monthly.— V. 80, p. 714, 166. of the American Trust & Savings Bank of Chicago, the mortDallas (Tex.l Gas Co.— Mortgage,— This company has exe- gage trustee, interest, etc., payments being in default. Sae cuted to the Lincoln Trust Co., trustee, of New York, a mortgage dated June 18tb, 1905, to secure an issue of $1,000,000 first mortgage 5 p. c. gold bonds, due May 1st, 1925, interest due May and November, both principal and interest payable in New York. Bonds are of the denomination ot $1,000 each, and are subject to call at 105 and Interest at interest-payment periods upon twelve weeks' notice; $600,000 of these bonds are to be iesued at once, the remaining $400,000 to be held for future requirements. The company owns the only gas property in the city of Dallas, and this mortgage covers all the property, rights and franchises of the V. 75, company, and leading stock and bondholders, proposes Officers.— J. E, Schneider, President; E. O. Tenlson H. A. Kahler, Vice-Presidents; W. G. Breg, Secretary Treasurer.- V. 80, p. 2460. and and Delaware Investment Co.— Called Bondi. —TMb company has called for redemption on July 1 at the Metropolitan Trust Co., New York, 76 of its 5 p. c, collateral trust gold bonds of 1902. The bonds called range from No. 21 to 1528. — V.79, p. 105. Delaware Securities Co.—Call:d Bonis.—This company has called for redemption on July 1, 1905, 124 of its 5 p. c. collateral trust gold bonds, payment to be made at the Matropolitan Trust Co., New York.— V. 79, p. 105. Delaware Water ImproTement Co., New Castle, Del.— Mortgage,— A. mortgage has been made to the Berks County Trust Co. of Reading, Pa covering the new plant now under construction and the 25-year franchise, to secure an issue of 1125.000 of first mortgage 25-year bonds, 6u^ j ?ct to call after 6 years. The franchise is described as exclusive for water and light. Edison P< rtland Cement Co.— New Sloak.— This company , filed in New Jersey certificates increasing its authorizad issue of capital stock from $11,000,000 to $12,000,000, the increase to be common stock.— V. 78, p. 1277. has Equitable Life Assurance SaeletY.— Resignations,— The resignations of the President and Vice-President have been accepted. Au.^ust Btlmont has sent in his resignation from the board. p. 80, 32. — Receivership Horseshoe Mining Co. PI m.— At Daadwood, S. D on June 2, R. — Reorgarazaii N n Ogden was appointed receiver of the property, the interest on the $600, COO of 6 p.c bonds being in default. The new 120-stamp mill was recently destroyed by fire, and the insurance (over $250,000) being payable to the trustee of the mortgage, the company committee consisting of is not in a position to rebuild. Binns, all of PittsMark W, Watson, E B. Alsop and R. burgh, Pa., and W. L. McLaughlin, of Deadwood, acting in concert with the Milwaukee Trust Co. (the mortgage trustee) , A The organization of anew company H : (after foreclosure sale) which shall issue $750,000 common ttock, $750,000 preferred stock and $300,000 of new 20-year 6 p. c. first mortgage bonds. Depositors of the present bonds will receive bonds of the new company to the amount of one half the principal and preferred stock for the remaining one-half of the principal. Depositors of stock will receive one share (par $1) of the new preferred stock for each $10 of the present preferred stock ($3,000,000). The $750,000 common stock will be used to retire the outstanding common stock and meet reorganization expeoses. If this agreement is consummated, the bonds held by Pittsburgh, Pa., banks and trust companies as collateral for $200,000 of Horseshoe notes may be sold and bid infer the committee, the obligations satiefled, and the securities exchanged under the plan. The stockholders advances, $26,405, will be paid in preferred stock. B Hjle Steel Tool Co.— inkrupfcy Proctdinjs.—A petition in involuntary bankruptcy was recently filed by the Syracuse creditors.- V. 76, p. 755. International Paper Co.— Dividend on Stock Oicned.See Continental Paper Bag Co. below.— V. 80, p. 1483, 1482. Iron Mountain Car Trnat (Association) —iVet« Stock,— This association, which was organized July 6, 1880, as the equipment trust auxiliary of the St. Louis Iron Mt. & Southern Ry. Co., has called a meeting of its ehareholders for June 26 to authorize an increase of the limit of the capital stock isEuafrom $8,000,000 to $10,000,000, and also to authorize the board of managers to make from time to such further increases in the capital stock as may be deemed advisable. The stock certificates (the company's only outstanding securities) are issued In shares of $1,000 each and constitute the car trusts of the St. Louis Iron Mountain & Southern system (V. 78, p. 229). Examination by Expert Accountants,— Ch&ir man Paul Kansas City Home Telephone Co.—Fir.'it Dividend.— The Morton has requested the public accountants, Prico, Water- directors have declared a quarterly dividend of 1}4 p. c., house & Co. and Hat-kins & Sellf, to make jointly a thorongh payable July 15.— V. 80, p. 2347, 1974. exaniination of the Society's accounts, investments, methods Lan»ton Monotype Co.— Large Order,— A. press dispatch of accounting and the respects in which these methods may from Washington, D. C, states that the Government Printbe improvefl; also the relations of the Society with other in stitutlons through stock ownership. daily papers of June 20.) Ntw York (See request in full iu Report (jf Svperintei d<nt i7end»f."A;».— State Superintendent of Insurance Francis II«ndrlcks on Wednesday made public tne report of his invest igatlon into the company 'en ffalrs. The report, which will \e found at length in York news papers of June 22, criticizes the management and recom- New mends "complete mntuallzation and the elimination of the ing Office has ordered the inetallation of 72 additional Langton Monotype type-aetting machines at a cost of about $J50,000, making the Government's total equipment 100 Lauston Monotypes and 46 Linotypes. Repo't.—Soe page 2619 of this issue.-V. 78, p. 2602. & Moore, Incorporated.— /Jicorporathere were consolidated with tills title New Jersey, the well-known firm of Man- Mannlnur, Maxwell tion.—Oa May under the laws 31 of — June 24, 1905. i THE CHRONICLE. ning, Maxwell «& Moore and Its alliad manufacturing com panie8 whose prop'irtles are now owned in fee, viz.: Shaw Electric Crane Co., -with works at M iskegon, Mich.; Ashoroft Manufacturing Co., established In 1851, with works at Bridgeport Ooan the larjrest manufacturers of steam gauees in the world; OonsolldatBd Sdfeiy Vaive Co., also located at BrldKeport, Conn; Han, cock Inspirator Co., located at Boston, lis business establlshf^d in 1876, Including the manufacture of Hancock inspirators for all forms of eUiilne boilers, as wen as cross valves, locomotive trimmings, etc Hayden & Derby Manufacturing Co., established In 18SS, havlug a factory In Boston for the manufacture of ''Metropolitan" Inl motors, of which there are 150,000 in use. The capital stock is $5,000,000, alloommonand all piid up; parof shares, $100. No bonds, old or new, The directors • {and ofiB.;ers) art" Charles A. Moore. Presl lent; John N. Derby, vice President; MirtlnLnscomh. Vice-President; 8tet>hen B. AUer. Vice-President; Colbv M. Chester J.-., Treasurer; Charles Arthur Moore J.., Sdcret.ry; J. Ko«ersM»xwell,Eimund O. Converse, A fred Brotherhood, Robert A. Bole. John G. Emery .Tr., James B Brady, P. M. Brotherhood and A. J. Babonck. HomH offl ^f. 8S, 87 and 89 Liberty Street, New Y >rli; branch Pffioes in Boston, Philadelphia, Chicago, Olevelaud, Pittsburgh " ana et. Louis. Compare "Iron Age" for Jan. 18, 1905, p. 193. Marsden Co.— Aew Pirfi«jdi«f.- Vice-President A. G. Win- 2025 their stock for the stock of the Phoenix Securities Co, before 1, 1905, will be deprived of the advantages of the new plan. The "Wall Street Summarj" saye: The original capital of the cojiblued oompan es was $2S,000 000. whl h was authorlz 3d under the belief that the De Lamar mine and saeter WAS to b 1ncluded, buc De Lamar having sold his property and repudiated hi* agreemeat with tha Mc. Siias a company, on which he hid bean p^ld $3,000,000 la stook aud a considerable amount In cash, and as tuis outran Is In litigation which may not Ortdrcldedfosomjtlme, i: w*8 decided to reduce ttie through the Puoenlx Seoariiies Co. to $i 500,000, a-id oapltallzitlon to provide a ofl obligations and to furnish money for tha resumption of Jaly 1 Id ''"i T^ Sorento Coal Co., Chicago, III.— Call d Bondt.— Ten of company's bonds, drawn by lot, viz.: Nos. 95, 101, 111. 119, 124, 129, 131, 140, 143, 145 are pnyable on July 1, 19 j5. at cbe Commonwealth Trust Cj., St, L juIs. Mo. E den J. Casthis soddy is Secretary of the cjmpany; office, Chicago, Iii.—V. 79, p. 601. Southern States Lnmber Co.— Called Bon s.— Thirty-fl^e mortgage bonds are payable at|l,')25 per bond, with accrued interest, at the Kolckerbocki^r Trust Co., No. 66 Broadway, on July 1, 1906.— V. 8U, p. 119. first been elected President, sncceedinpr E G Baokner, Standard Sanitary Maunfactariiig Co.— Called Bo .dj.— has been elected Vice-President and Treasurer of the company. Mr. Bnckner last May was elected President of Forty-eight ($18,0 JO) deoeiitur< bonds hsve been called for redemption at the Kaickar booker Trust Co., New York on the Internatlonil Smokeless Powder & Chemical Co. July 1. 1905, at 105 and interest. Opti,n Asktd.-Vf, ^V. Gibbs, Philadelphia, is asking the Compare V. 78, p. 824. -^V. stockholders fur an option on 25 p. c. of their holdings until 80, p. 603. Sept. 1, 19C5, at |4 per share, with a view to bringing, "about Toledo Home Telephone Co First Livtd-.nd —The com a price much nearer the intiiueic value of the stock as a pany haa declared a first (q uarterly) divideno ot 1 p. c, pay iwhole."— V. 80, p. 1066. ablH> on July 10, to stockhulders of record July 1 Massachusetts Was Companies.— See Boston Consolidated Votiag Trust.— A voting trust, which will control 70 p. c. of tnc stock, has been organized, and will continue Co. above.— V. 80, p. 2462, 1974, in existJNoiitreal & Boston Consolidated Mining & Smelting Co. ence until July 1, 1910, unless previously terminated on vote organiiafion.— President Warner Miller announces by of 90 p. c. The trustees are James 8. Brailey Jr., T. H. Tracy, Clarence Brown, D. O. Shaw, M advertisement the completion of the sale of the property to the V. Dominion Copper Co., Limited, "mada necessary by the past Barbour, W. F. Robinson, J. K. Secor, A. H. Bausr and H. O Stifel. A. H. Bauer acd H. C. Stifel of St. Louis, Mo., were elected due obligations of the company, at present amounting to upwards of 1320,000, and the Immediate cash requirements for directors to fill two vaoauoies on the board.— V. 8j, p. 2348 betterments and improvements." As both corporations are organized under the laws of Ontario, the sale has been efUnion Bag & Paper Co.—Bond Itaue Authortzed.—f^e fected and the stock of the purchasing company has been preferred shareholders on June 20 duly approved the proooissued. The advertisement further says: authorize an issue of $5,000,000 5 per cent bonds, of ''*u?1*^ Parauant to the agreement of sale there is now deposited with the which $3,000,000 will be issuei at once to acquire timber National Trust Co., Limited, of Toronto, Canada, 8,166,000 shares ot lands, liquidate the fl jating debt aad increase the stook of the Dominion Copper Co., Limited, out of a total of 3 200 working caoi000 shares of said stock outstanding, of which sufHolent has been cal. See official statement in V. 80, p. 2402, reserved to be exchanged, share for share, tor the stook of the Montreal A Boston Consolidated Mining & Smelting Co. The agreement ^?"*7, Counties Power Co.—Bonda.— This company's among other things, provides for an issue by the Dominion Copper u bonds, $3,50 ».0u0 first 5s, have been listed on the San FranCo. of $1,000,000 ot llrst mortgage six per cent tea-year gold bonds, of olscoStock Excba .ge. Toe Ust of this issue was placed by -which bonds $700,000 are to be isssned Immediately for the payment Tne earnings for the year ending of the past-due indebtedness of the company and Its immt^dlate re- ^•w ai H^isey & Co. quirements for betterments. All of these bonds are offered for sub- Feb. 2S, 19U6, were: Gross, $282,405; operating expenses, scription to the stockholders at 90 p. c. and interest; denomlnaions maintenance and taxes, |44, 337; net earnings, $338,018; inof $1,000, $500 and $100 each With each purchase of *100 terest charges, |79,030; balance, |153,983.-\r, 76; p. 768. par value of the bonds the subscriber will receive $200 in par value of the stook of the Dominion Copper Co. The right to sabsorlbe for all Williamsport (Pa.) Water Co.-Aouj Stock.-The stocksaid $700,000 bonds has b^en reserved to the stockholders. The enilrtj bond issue has been underwritten Eaoa stockholder may subscribe '°''' '° '""""^^ ''''''' ^'^'^^ ^^°°» ter has who Qm —B : - for as many bonds as he may desire but no sabsorlptlon shall be received for less than one bond. Certificates of stock for exchange and subscription for bonds must be received by the National Trust Co., Limited, ot Toronto, Canada, not later than June 30, 1905. Subscriptions for bonds must be accompanied by a check for 60 p. cof the subscriptions, payable to the trust company, the balance to be paid upon call of the trust company. Copies of the agreement of sale may be had at the ofla e of the com pany, No. 30 Broad St., N w York aty, or the trust company at Toronto.— V. 80, p. 1366, 2228. |4^Sro"00tT$75O,SS0.* —We have received from the American Made Qjods Export Co., 17 State St., New York, Vol. 2, No. 1, of "American Mdde GoJds." The book, in its revised form, appeals to American manufasturers desirous of exploiting their goods in foreign countries. The publishers have made no charge for placing American manufacturers under their proper business classifijations, responsibility alone being considered a pre requisite for the listing of their names, and thev are dis'^® ^^^^ abroad at their own expense. "American « J^"^^ Made Q^ds" is a book of some 4)0 pages, prlcri five dollars. Ic is published in E jglish, French, German and Spinish. Montreal Light, Heat & Power Co.— Q/Ttjr of ExtenaiM Declined.— TtiiB company's subsidiary, the Montreal Gas Ck)., has notified the Montreal City Council that the directors have —At the recent annual meeting of the later-State Sacurldecided to decline the oflfer of the city to extend the gas conties Company, 5 Nassau Street, this city, tract. Compare V. 80, p. 2224.— V. 80, p. 2401, 2456. the following National Portland Cement Co.—Sm*;.— Gaorge Barry, one directors were re-elected for the ensuing year: Alexander of the bondholders, filed a bill in equity at Eiston, Pa., on McDonald, W. D. Stratton, Charles E. Levy, R, W. Jones June 12, asking for the appointment of a receiver, and for an Jr., Edmund K. Stallo, Rjbert H. Sherwood, Henry E in j auction to restrain the Northern Trust Cjmpany of Hatchlneoa, Bird M.Robinson, Daniel B.Ely, H^nry c' Chicago and H. O. Edmundson, trustee for the bondholders, (jiuinby, I, H. Kempner. Arthur H. Jones, Sacretary and who hold a mortgage of $l,5C0,000 on the premises, from dis- ireasurer, was also chosen a director. The company has had ft prosperous bond business the past winter and lately daposing of the property.— V, 75, p, 1305, dared a five-percent dividend on its stock. The bond (J. E.) North Lamber Co, -Payment of Bjndi.— The comdepartment is under Daniel B. Ely's supervision. pany gives notice that bonds Nos. 1 to 30, Inclusive, maturing —Seekers for high-grade investment bonds are referred to Jan. 1, 1906, will be redeemed at par and acscrued interest to date, at the option of the holder, to the Missouri-Lincoln the extended list advertised, on the page facing reading matter, by T. A. Mclntyre & Cj. Several well-known steam Trust Co., the trustee, St. Louis, Mo.— V. 79, p. 1333, railroad issues, and also a block of Clairton Steel (U, S Steel Phlladelpbi Steel & Iron Co.— 5'o'i—A 5 the foreclosure Corporation) 5 per cent gold bonds, are offared. A lull desale on June 5 the property was bid in for the first mortgage scription of the latter is given, together with a copy of the bondholders for |1(J0 above the amount of the first mortgages. guaranty. H. C. Wright, in charge of tha firm's bond deAt Trenton, N. J on Jans 9, Judge Lannlag, on petition of Isaac J. partment, gives personal attention to inquiries, and will Greenwood and Prank L. Crocker (32 Nassau Street), both of New furnish all needed details, circulars, etc., to lork, and Charles HIckey or Brooklyn, adjudged the company bank enable purrupt. Greenwood alleged that he was fraudulently Induced to buy chasers to make a selection. i , $10,000 of the bonds, which he avers are of small value on account of underlying mjrtgage beads of $ J5,000. Of the authorized bond Issue of 1902 ($ilOO,OOU), 852,000 is understood to h^ve been sold and sjme amount used as collateral. Floating debt about $2 5,000. There Is no reorganization plan and none is expected. Members of the firm that placed the bondt (V. 78. p 552,) are reported to have retired to Can- ada.— V. 8l», p. 1975, 1427. Ftaoenlx Gjld Miaiag Co.—Tinte for DepoaiU Expires June 3 J.— The Phoenix Securities Co., 82 W:ill St., notifies the shareholders of this company and also of the Mc. Shasta jld Mines Corporation that holders who fail to exchange G -Lawrence Barnum & Co., 27 Pine new circular giving the facts issued a some St., New York, have quite fully regarding miscellaneous bond issues. twelfth annual edition of the American Street Railway Investments has jast been published by the McGraw Publishing Company. --A. M. Kidder & Co. are offering a number of guaranteed railroad company stocks exempt from tax. The list la on fifteen —The page xlv. THE CHRONICLE 2626 jep0rt$ Vol. lxxx. nn& ^otnmznts. THE NORTH AMERICAN COMPANY. FIFTEENTH ANNUAL REPORT— FOR THE FISCAL YEAR ENDING DECEMBER 31, 1904. To the Stockholders of the North American Company: On behalf of the Board of Directors, I submit the following report of the affairs of the Company for the fiscal year ending December 31, 1904, together with the financial statements of INVESTMENTS. Since the last annual report The North American Company has sold its remaining interest in the stocks of the Cincinnati, Newport & Covington Light & Traction Company, and its investments now are mainly concentrated in the Milwaukee the Treasurer. Electric Railway and Light Company and its affiliated comFISCAL YEAR CHANGED. panies, the Laclede Gas Light Company, the Union Electric In accordance with the authority granted at the last annual Light and Power Company and the United Railways Company, meeting of the stockholders, the fiscal year of the Company, of St. Louis, and the Detroit Edison Company. All these comwhich theretofore expired on May 31, has been changed to co- panies are rapidly developing; their condition, physical and financial, constantly improving, and the outlook for their futincide with the calendar year, thus conforming with the pracure in each case was never more satisfactory than at the tice of the companies in which The North American Company moment. is interested. CONSTRUCTION'. A treasurer's statements. The books, vouchers, securities and cash of the Company have been examined and verified by its auditors, Messrs. Jones, Caesar, Dickinson, Wilmot & Company, Certified Public Accountants, and their certificate is appended. ^ BALANCE SHEET Assets. —With unimportant exceptions, these are the stocks and gas companies, whose management and general policy are under the supervision of The North American Company. Bonds. These are First Mortgage Bonds of electric light of street railway, electric light — properties. Accounts Receivable. constituent companies. —These embrace current accounts with Liabilities. Loans. — Since December 31, 1904, these have been paid in full. INCOME ACCOUNT. — Dividends Received. From two of its important investments The North American Company has not yet received dividends, the surplus earnings, otherwise applicable thereto, having been devoted to construction work not yet completed. Other Profits. These consist of amounts received for securities sold during the year 1904, in excess of their book value as — of December electric transmission lines, gas manufacturing apparatus, holders, mains and services, car houses, stations, office buildings, shops, rolling stock and equipment of all kinds, etc., have been made, and that the principal part of the construction work heretofore planned is nearing completion. Including contributions from their surplus earnings, more than $25,000,000 have been expended during the past few years in the development of these properties, not merely to meet the demands of the business as at present existing, but to lay a broad foundation for their future, with the intention of fully supplying the lighting and transportation needs of the rapidly growing communities in which they are situated. During this construction period a substantial part of this expenditure has necessarily been jinproductive, but the time is rapidly approaching when its full effect will be felt in the increased earning capacity of the companies. ground and overhead — Valuations. In accordance with the precedents of the last three years, the securities and assets of the Company have been revalued and as of December 31, 1904. Stocks. detailed description of the measures that have been taken and of the construction work that has been accomplished since the last annual report in the development of the several companies mentioned at Milwaukee, St. Louis and Detroit and in the territory surrounding those cities, would unduly expand this report; but it will be of interest to say in general that important additions to, and increases of, their capacity in power houses and electrical apparatus, sub-stations, tmder- 31. 1903. INCREASE OF CAPITAL STOCK. In accordance with the authority granted at a special meeting of the stockholders of tlie Company, its Capital Stock was, on the 16th day of March, 1905, duly increased from $17,000,000 to $30,000,000. The purposes of this increase were thus expressed in the notice of the meeting: "During the years 1901 to 1903 The North American Company acquired large interests in the electric light and gas companies in the City of St. Louis, Missouri, and has since greatly developed these properties. "It has also during the past few years largely increased its Investment in the street railway and electric light properties in the City of Milwaukee, Wisconsin, and its surrounding territory. "An opportunity is now presented still further to eijlarge the Company's investments in all the properties referred to. Contracts have lately been entered into, conditioned upon your approval, providing for the purchase by the Company of additional shares of the stocks of the Union Electric Light and Power Company and of the Laclede Gas Light Company, both of St. Louis, and for the payment of the purchase price thereof in shares of the Capital Stock of The North American Company A conditional contract has also been entered into, providing for the purchase by this Company of an important interest in the RECENT PURCHASES. In September, 1904, the Plan for the readjustment of the relations of the United Railways Company of St. Louis with its Lessee Company, the St. Louis Transit Company, and of their finances, was carried into effect, whereby the lease was surrendered, the floating debt of the Railways Company paid, and that Company placed in full control of its owa operation and in a sound financial condition. Shortly thereafter negotiations were initiated with the North American Company, which resulted in its purchasing a majority interest in the common stock of the Railways Company under a contract of purchase, dated February 23, 1905, which has been fully carried out. The purchase was made after the most careful and prolonged consideration, with the intention that the stock should be held as one of the permanent investments of Tlie North American Company. It was made with full recognition of the fact that large expenditures would be required for the improvement and development of the property in order fully to serve the public comfort and convenience and to provide for the rapidly increasing traffic, and that the surplus earnings over its fixed interest charges and dividends on its preferred stock ought for several years to be applied to Immediate returns are not, therefore, to be these purposes. expected. The Laclede Gas Light Company, the Union Electric Light and Power Company and the United Railways Company, of St. Louis, now consume annually approximately 750,000 tons of Dependent upon coal for steam and gas producing purposes. the extent to which it may be profitable to stibstitute coal gas for water gas, a total annual consumption within a few years United Railways Company, of St. Louis. of from 1,200,000 to 1,500.000 tons will bo reached, and there"To provide the means of paying for these interests and to furnish the Company the additional cash which it may require after, so far as can now be foreseen, the consumption will infor certain further developments of the properties referred to, crease steadily and largely from year to year. It is apparent, the Board of Directors recommend to you that the authorized assured and ecoconstant, of the question a that therefore, Capital Stock of the Company be increased from $17,000,000, consisting of 170,000 shares, of the par value of $100 a share, to nomical supply of coal of unvarying quality to these companies $30,000,000, to consist of 300,000 shares, of the par value of $100 For more than a year their is one of the highest importance. a share." boon investigating the sources of coal supply tribu- have tary to St. Louis, in the hope that they could bo found accesIn the course of these investigations tlie coal sible by water. fields situated at the junction of the Ohio and the Tvadewater P-.vers in Crittenden. Webster and Union Counties. Western Kentucky, -were brought to the attention of The North AmeriOptions were obtained, and a full investican Company. best export, scientific and practical advice, under the gation, was made, with the result that The North American Company has concluded contracts for the purchnse of lands nnd minornl rights in the territory mentioned, embracing more than 22.000 acres, including three operating mines and stoniners and barges for the transportntion of their product. officers Of the increased stock authorized (130,000 shares), 71,045 shares were sold at par for cash, .55,310 shares Avere issued at par directly in part payment for shares of the Union Electric Light and Power Company and the Laclede Gas Light Company, and 3,045 shares remain unissued at the date of this report. Of the cash received from the sales of stock, aftor paying the loans appearing in the balance sheet of December 31, 1904, and completing payment for the interests specified in the extract above quoted, a ))alancft of approximately $2,500,000 remained applicable to the future uses of the Company, thus placing it in possession of sufTicient cash working capital. — June . It is estimated that these lands contain not less than one hundred million tons of coal of excellent quality, which can be mined under favorable conditions. The coal can be delivered directly into barges at tipples situated on the Ohio and Tradewater Rivers, with only 283 miles of water transportation on the Ohio and Mississippi Rivers, between the mines and the docks of the consuming companies of St. Louis. A new corporation has been formed to acquire title to the properties purchased, under the name of the "West Kentucky Coal Company." It is proposed to finance this company largely by an issue of First Mortgage Bonds, and that it shall enter into contracts with the St. Louis companies for the constant supply of all the coal that they may require during a long period of time and imder terms which will be mutually advanThe tageous to the producing and consuming companies. higher grades of coal produced, beyond the requirements of the St. Louis companies, will be sold in the commercial market tributary to the Ohio and Mississippi Rivers. ANNUAX, MEETING. / < In harmony with the change of the fiscal year of the company, the Board of Directors recommend to you that the ByLaws be so amended as to provide that the Annual Meeting shall occur on the fourth Wednesday in Januarj', instead of the third Wednesday in June. In the event of this change, a report covering the operations of the Company for the calendar and fiscal year 1905 will be made at the Annual Meeting in January, 1906. By order of the Board of Directors. C. Newark, N. J., 2627 'FHE CHRONICLE. 24, 1905. June W. Wetmoee, President. 21, 1905. 3I?to OTotnm^rcial IHmes. COMMERCIAL EPSTOME Friday Night, June A fair amount of business activity is being reported frona j )bbing and retail circles, the continued vp^irm weather serving to stimulate the demand, particularly for staBonable wearing material. Business from first hands, how6ver, has reached only limited proportions, aud with thi holiday and vacation period near at hand, improved conditions are not ex- pected until the opening of the fall trade. The reports from the iron trade have continued to indicate declining markets, lower prices being accepted to move supplies. The advices received from the West and South have reported weather conditions generally favorable for the satisfactory progress growing crops. Lard on the spot has continued to meet with a slow demand, both exporters and refiners being light buyers, and prices have yielded slightly, closing steadier at 7'25c. for prime Western and 6'75c, for prime City. Rtfined lard has been dull and easier, closing at 7 35c. for leflaed for the Continent. Speculation in lard for future delivery has been dull, and despite support from packers, prices have yielded slightly. The closing was firmer on buying by packers. DAILT CLOBINO FBICE8 OF LASD FnTDBBS IN CHICAQO. of the 8at. Income Account fob the Fiscal Yeab Ending December 31, 1904. Salaries, Legal Expenses, Net Rentals Expenses of Administration Taxes Balance to and all other $73,719.21 464.90 1,592,660.61 Undivided Profits Account $1,670,984.72 Interest received and accrued $44,834.78 777,153.33 147,877.42 Dividends received Other profltis Net increase in the Value December 31, 1904 of Assets as readjusted 701,119.19 $1,670,984.72 Undivided Profits Account. Dividends paid $770,000.00 Dividends accrued for one month to Janu70,833.33 ary 1, 1905, payable March 1, 1905 $840,833.33 1,991,744.21 Balance as per Balance Sheet $2.832,577.54 Balance at December 31, 1903 Net Earnings for the Fiscal Year ending December 31, $1,231,541.93 1904 Premium on 1,592,660.61 2,000 shares of Stock issued during the year 8,375.00 $2,832,577.54 Balance Sheet (Condensed) December 3L 1904. ASSETS. Stocks Bonds Loans Accounts Receivable Office Furniture and Miscellaneous Property $18,738,970.37 184,258.32 339,064.96 43,109.27 Cash 2.00 669,892.94 23, 1905. Mon. Jnly d«l'y..... 7-32i« 7-25 Sept. d«l'y Oct. delivery 7-.'V2ia 745 7-57»« 7-471b Tue$. 7-22ia 740 745 Wed. 7-22i« 7-42is 7-47»a Ihurt. Fri. 7-22ifl 727is 7-42i« 7'50 7-65 7-47ifl The demand for pork has dragged and the tone of the market is easier; closing prices $13 25@13 75 for mess, f 13 00@15 00 for short clear and fl5 00@15 50 for family. Cut meats have been quiet and unchanged at lOi^c. for pickled hams pickled shoulders, I0}i@ and 7%@9^c. for pickled bellies, 16@ 6c. for Beef has had a slightly better sale and at firm prices, closing at $10 for mess, $11 50@12 50 for packet, $l2 50@13 50for family and $19^25 for extra India mess in TallO(V has had a fairly free sale at lower prices, clostea. ing steady at i^ic Stearines have been neglected, closing at 8c. for lard stearine and 7^c. for oleo stearine. Cotton-seed oil has been easier, closing at 27>^@28c. for prime yellow Butter has been unsettled, but closed steady at 17@21c. for creamery. Cheese has been in fair supply, but prices have held about steady, closing at 8^@9i^c. for State factory, full cream Fresh eggs have been in full supply and prices have yielded to 17c, for best Western. Brazil grades of coffee have been quiet, the trade generally pursuing a waiting policy; but as there has been no pressure to market supplies, prices have been fairly well maintained. The close was steady at l%c. for Rio No. 7 and 8i^@8J^c. tor Santos No. 4. A moderate amount of interest has been shown by buyers in the market for West ladia growths, and prices have been steady at 9@9J^c. for good Cucuta and 10% @ He. for good average Bogota Speculation in the market tor contracts has been on a limited scale only, and prices have reacted slightly. The close was firmer. Following were the closing asked prices 6'66o. Deo Jane... ...... 6-400. Sept ....ITTrTe^yKo. 6-400. Oct 6-750. Jan Jtdy 7*OOo' 6-560. Nov 6-850. Mlarota Aug 7-10o. Raw sugars have been in better demand and there has been 10 lbs. average. : : $19,975,297.86 i LIABILITIES. Capital Stock $17,000,000.00 500,000.00 Loans Dividends Due and Unclaimed Accrued for one month 1905, payable March 1, Deposits of —Funds Profits Undivided $1,580.50 to January 1905 1, Constituent Companies 70,833.33 72,413.83 411,139.82 1,991,744.21 $19,975,297.86 a slight improvement in prices, closing at 4 5 16o. for centrifugal, 96-deg. test, and 3%c. for muscovado, 89-deg. test. Refined sugar has declined, closing with an improving demand at the lower price; granulated was quoted at 5'30@ 5 35o. Other staple groceries have been quiet, quiet market has been reported for Kentucky tobacco, but with offerings limited prices have held firm. The volume of business transacted in seed-leaf tobacco has been limited. Small sales have been reported of Wisconsin Havana Bs, 1903 crop, Pennsylvania broadleaf, and Zimmers Spanish, and full prices have been paid, Sumatra tobacco has been firm but qaiet. Havaca tobacco has been in more active demand and A We have examined the books and vouchers of the North American Company and the Balance Sheet and Income Statements set forth above, and have verified the Securities and Cash firm. of the Company, either by actual inspection or by certificates During the week prices for Straits tin advanced, but the from the depositaries thereof. close was quiet and easier at 30'45@80"65c. Ingot copper has Accepting the valuations of the Assets as made by the Board been quiet, but prices have been firmly held at 15c. for both of Directors, we hereby certify that the Income Account is cor- Like and electrolytic. Lead has been quiet but steady at rect and that the Balance Sheet, in our opinion, represents the Spelter has been quiet and unchanged at 5*30^. 4 50@4-60c. true financial condition of the Company, as of December 31, Pii^ iron has been easier, closmg at $15 75@16 25 for No. 2 1904. Northern and $15 25@15 75 for No. 2 Southern. Jones, Caesar, Dickinson, Wilmot & Co., Certified Public Rtfined petroleum has been in fair demand and steady, Accountants. closing at 6 '900. in bbls., 9 60c. in cases and 4c. in bulk. Naphtha has been steady at He. for 71 degrees and Ho. for 54 William Street, New York, March 25, 1905. 76 degrees. Credit balances have been steady, closing at l-27c. Spirits of turpentine has been in better demand and — H. W. Poor & Company, the New York anrJ Boston firmer, closing at 63i^c.@84o. Rosin has advanced, closing banbere, have lately (-ptabllbhed a branch oflBce at Newport, at |3 75 for common and good strained. Hops have been R. I., in the Andratn BaildjDg. Dennie M. Hare is in ptr- easier and fair sales have been made at lower prices. Wool eonal charge of this new branch. has been firm, • . . . THE CHRONICLE. 2628 TTO C O 24 . Friday Nksht, June 23, 1905, The Movement of the Crop as Indicated by our telegramt from the Sonth to-night Is given below. For the week ending this evening the total receipts have reached 68,274 bales against 73,543 bales last week and 101,681 bales the previouf week, making the total reoelpti since the Ist of Sept., 1904 9 354 360 bales, against 7,036,613 bales for the same period oj 1908-4, showlne an increase since Sep.l. 1904. o^ 2.317,747 bales, Beeeiptt at— Moy%, Sai. 3,256 aalveston Pt.Arthnr,&e BTew Orleans.. 2,021 3.293 6,230 !••• ...... ...... S,030 2,294 4,248 :.842 145 454 157 425 487 235 •>•-• 1.309 1,561 2.489 2,119 2.277 2,203 &e Pent&eola, 37 99 16 42 406 3C5 121 2,404 709 3,062 75 44 27 Charleston Pt. Royal, &e Wilmington... Wash'ton.&c. . If Off oik ITp't News, &o. New York. 1,099 — 267 Boston Baltimore FhUadelp'a. Ac Total. 18,425 1,030 16,095 1,903 2,277 12,279 1,282 2,598 1,282 «*> Bruns-Wk, &c . . ^n. 2,368 ' BaT&nn&b Thun. Wed. Tues. 2.526 1,030 2,313 MobUe 384 50 78 105 334 1,349 1.569 1,832 722 e02 10,298 628 60S 119 701 •••a 330 10 67 1,161 !25 1,161 50 tWB week Tot. 75 8,254 14,440 1?,104 10,371 12.863' 68,274 10,242 The following shows the week's total receipts, the total sine 1, 1904, and the stocks to-night, compared with last y*^ar. 8epti 1903-04. 1904-05. Becnpti June to ThU 23. ThU Sinee Sep. 1, 1904. Moeek. 18,425 2,614,533 At.,&o 1.030 285,479 Kew OrleanB 16,095 2,549,134 HobUe.. ... 1,903 309,099 Fsaoola, &c. 2,277 194,739 Sayannah.. 12,279 1,720,236 1.282 193,648 Br'wlok, Ac «28 212.040 Charleston. 897 P. Royal, Ac Wilmington 1,349 354,276 122 Wash'n, &e Hortolk 10,298 715,129 24,781 irportN.,*© 602 32,128 119 New York.. 75,084 701 Boston 60.198 Baltimore.. 1,161 125 12,837 Phnadel,&c Pt. 68,274 9,354,360 Totals Note.— 19,750 bales added Stock. Sinee Sep. 1, 1903. week. Galveston.. 1904 1905. 692 2,332,247 100,929 106,006 8.726 6,672 1,958,239 1,077 198,012 88,355 13,727 105.831 734 133,677 ...... 3.218 1.133,475 120,760 255 164,598 1,282 31.972 9,585 4.609 821,140 336 469,740 21,087 17.245 29,906 29,823 14,117 2,495 495 28.024 2,876 15 1.179 17 722 11 62 75 23,-: 83 1,583 72 13,995 7.036.613 131,026 3,419 2,022 63.397 1.411 667 422,723 212,881 3,69.'' 1,107 as correction of receipts since Sept. 1 at B&vannah. In order that a comparison may be made with other years, we give below the totals at leading ports for six seasons. BecMptt at— 1905. Galves'n, &c. New MobUe . . <Jjc. 626 Wllm'ton, Ac Norfolk N. News. &c. 1,349 10.29t Chas'ton, Tot this wk. 1900. 1901. 473 10,336 7,198 7,052 940 495 120 170 7 3,745 6,897 1.455 504 207 23 604 462 362 363 190 29 8,806 8 15 635 5,501 2 325 5,666 17 870 206 263 1,006 3.200 10,818 2,799 68,274 13,995 14,339 22,2^9 68,485 10.587 1.179 Since Sept 1 9354,36(. 7036,613 7577,913 7370,214 7333012 6407.656 for the week ending this avening reach a ^ots of 82,193 bales, of which 41,318 were to Great Britsin. 7,979 to France and 33,903 to the rest of the Continent, Beiov are the exnorta for the week and since Sept, 1, 1904. The exports Week ending June l3 .1905. Bxrportei to— Mxjtortt trom— Great Brit'n. Trance Conti- 2otal nent. Week. QalTeiton... PtArthuT, »c. Naw 11.226 2.695 •••••• 8.277 Mobile 12,952 3,51:7 Ptniaools, Ao. • SaTannata.... Bmniwlok.. 1, 1904. • Continent. l.lto.Sl? 257.411 Otb.^Oi 2,(98,862 | lOi.ait' • 8.446 8,416 N., fta 176,549 9,664 227 U.H- 19,17»l N«w York... Boiton 3altlmcre... Philadelphia. T).283 3,816 6.360 2,t07 4.558 ito 1,7*7 San rraa„ Ac Total ] ; 18.678 315,243 3.246 18^,000, 6,469 l;i6.8fl«; 1.747 57 264 ii.ise 11.736 ... 4.674 1 6,94 ti lf4.i:53 74,ei': 77.fc9J 169.U4^ 34V18 8,i3 2.27t We ON SHIPBOARD, NOT CLEAKED FOB— June 23 at— 224. UH Orleans. Galveston.. .. 305,050 6662 3,814 41.733 171,151 232 640 6"506 3,000 "850 lo'oso i'i'oo 16,172 "500 61n 5.827.193 4.000 2'.6o6 1,000 8,145 6,462 4,188 3,279 639 8,143! 24.682 m UPLANDS. ^fiddling Oood Middling Middling Fair „ Sa&. •nCon Tne* 8 15 8 15 815 8 77 8 77 8-77 915 915 9-15 i»59 9 59 9-59 11 Wed TM. Frl. 8-20 8-82 8 92 8 00 8-62 830 900 9C0 9-44 9-74 S.-64 10-26 996 1016 9-20 1011 1011 10 GULF. Sat. iin[onTnes!\¥ed Tli. Frl. Good Ordinary. 8-40 8-40 Low 9 02 902 9-40 9-40 984 1036 9-S4 10-36 1036 9-89 9 99 10-21 lC-41 10-51 Sat. Bloni Tues tlTed Tit. Middling.. aUddUng Gk)od Middling. Middling Fair.. STAINED. Low 7-65 8-65 8 81 9-15 Middling..,. „ Middling Strict Low Middling Tinged.., Good .cuddling Tinged 7 65 8 65 8-81 9-15 i i 8 40 9 02 9-40 8-25 S-87 907 8-55 9 17 9-25 9-45 9-55 9-84 969 8-45 Frl. 780 880 8 81 7-£0 8-60 8-66 7-70 8-70 8-86 9 15 900 920 9-30 York en 7 65 8 65 8-S6 The quotations for middling upland at New June 23 for each of the past 32 years have been as follows. 1905. ...0. 9-30 11-05 12-90 1904 1903 1002 1901 1900 1899 1898 914 508 9^ e^ 638 1897. ...0. 7i3ie 1889. ...0.11 1881....c.llli« 1896 1895 1894 1893 1888 1887 1886 1885 1884 1883 1880 1879 1878 1877 1876 1875 1874 7S8 .Sia rs^g 8 1892, 1891 1890 '18 838' 12 1C5,8 lO's iSjg 1038 III4 10i« ; I i ! 1882...... 11 016 I Ili5i« 127,8 Il7i8 11% 12i« 16i« 17''8 MAHKET AXD SALES, The total sales of cotton on the spot each day during the week are indicated in the following statement. For the convenience of the reader we also add columns which show at a glance how the market for spots and futures closed on same days. Spot Market Closed. 301165 2.6*- 1 7"806 Speculation in cotton for future delivery has b en moderately active; but the tradirg has continued almost exclusively for the account of regular interests, little active public interest being shown in the market. Early in the week there was an easier tendency to prices. The advices received from the South quite generally reported wea'her conditions favorable for the crop, most reports stating that the crop had made good progress and was well out of grass. Prompted by this information bear Interests did a fair amount of short selling, with a prominent speculative interest the principal buyer. New Orleans advices also reported that prominent operators in that market were buying. On Thursday the market turned firmer and prices advanced sharply. Small-crop estimates were circulated, and on manipulation by bull interests and a demand from recent short sellers to cover contracts, prices were forced np rapidly. 'The private advices received from the South continued favorable, deeired rains teing reported in the Mississippi Valley and in Texas. To-day the market was unsettled. Early in the day prices yielded slightly under disappointing advices fr Liverpool; then came an advance, carrying October npto9c,, but this improvement was not maintained. The close was steady at a net loss in prices for the day of 2 to 5 points. Cotton on the spot declined early in the week, but closed higher at 9 30c. 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. Pair 0. 1-30 on Good Middling Tinged ..c. Even !41ddling Fair 0-96 on Strict Middling Tinged.... 0-06 off Strict Good Middling 0'62 on Middling Tinged 0-12 off Good Middling 0-44 on Strict Low Mid. Tinged ... 0-34 off Strict Low Middling 0-14 off Low Middling Tinged 0-50 off Low Middling 0-38 off Strict Good Ord. Tinged .. 084 off 0-72 off Middling Stained Strict Good Ordlaary 0'60 off Good Ordinary I'OOoff Strict Low Mid. Stained... 106 oA Strict Good aild. Tinged.. 030 on Low Middling Stained 1-50 ofl On this basis the oflBcial prices for a few of the grades for the past week— Jure 17 to June 23— would be as follows. 801.165 27.784 2.45'.225 e93.852 60,;i31 18,924 6.059 01.715 16.S76 900 eo,f79 49,338 13,608 17,157 16,224 21.316 117,643 4 481 «.8v3 27,476 45.675 1,270 Total 1904.. Total 1903.. ivfonday 55 1.029 2,365 Total 1905.. Saturday 3,081 8.013.882 4,452 7,772 5,884 7.9C3 16.172 13.000 4,000 167.787 8.4'- 3,408 8,300 stock. Total. 30,702 4.609 3.677 11 852 118.026 15,004 1M.176 8a,ios 8.779.780 78\01» Other Coastmany. For'gn wise. Ger- 370 Charleston... afobUe Norfolk New York.... Other ports . 14.40; 38,fc03 12,703 19,335 Savannah 37.247 7,979 Leaving Great Britain Fr'nce Sew i!2,57b 21.55S 5:),6'0 41,816 5.i 162,634 837,«7ti 1.214,158 I* 88.271 Total. S92,Sib 2.288.(-95 60.853 167.130 82,4if ]9\6£6 • 8,379 WllmlnRton.. Norfolk l90f Great __ QrlU.ln.,'""^' 147.3071 •••• u June 23 Exported to— 27,078 1.C19.999 348.07( 63,250 43,3i7 3.527 106,302 81,906 2,877 275 3911 61,489 Cbarleiton.. Port Boyal.. Total. 1903^14 Sept. 61.335| Orleani. N'pon from In addition to above exports, onr 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. Low Middling 692 18,721 24,037 [Vol. lxxx. Gkiod Ordinary....^..., 6.672 1,077 3,:i8 255 15 602 All others.. 1902. 1903. 1904. 19,465 16,095 1,903 12,279 Orleans Savannah . rnesday . . . Steady FUTFRES Market Closed. (inlet.... B'rly steady Steady ymet B'rly steady, Wt'dnesrta.v aoiftt. 15 pt8.de steady Thuraday.. Ciulet.20ptR. ad. steady Friday i^oiet. 10 pis. aa Steady Total ..... ..... Sales of Spot HX- .Si Contract. 0O7,S. Con- spec tract. I port, dt Total. 26 ao(> 209 23ft 2?5 ' ' June » . '' ' THE CPIKONICLE. 24, l\)vo.\ FoTUBES.—Highest, lowest and closing prices at ?» B9 D(slBo,P3! 3<j. . en- 1 II . • :3 • won > >^ lw • receipts for the CO O ccco I ' »». »- WM tOCP 00 CO ' o d ! © CDCO coco o M 0<3 ODOO CSCO OS ' , 6< M 1 OB ' , obl d ' d »l CO ' © < coo Sd o or 00 (XOO o© d I ' d aoo coo COCO kSCO 0000 ccob 1^1^ d . ' 00 «l 1 W • : 00 CO a 00 a>oo I I 5 00 ODOO obco QDOO obco oao COQO -co cof d . ODOO 00 00 00 d ccoo ODCO CO© oo COA d 1 00 00 00 CO ©1^ 1 d ocoo , o' CO w© ODOO 05Cn toco I o CO ^1 P II A •' O 09 eg 00 OJO CO© o OC 00 OOGO 0000 0000 OOQO o°r<! S <x« aos CJici »? 3' I oooo t-ta aa 00 at OC 00 0000 OC © oob ©CO ©00 tsto OlO OIO to 00 00 00 00 oooo 00 00 00 oso too 90> Ijltlt. nil o>vt ©CO to d d d 00 CO ©a ccoo 1 ' d °? 00 K>. db© ©di ©a 1 1 MOO ©o l^M oooo 0>0« 1 1 OCQO ODOO ©ta MO oooo ©00 ©o< il^CO t OOOO a • • © ^ 1 1 I 1 1 1 1 . 1 1 ' CO M o d d i2 X II 1 1 . ' X o o 00 do X d i2 X X X d © db CO d X © . d CO II e o CO e o en d d X I* X CO 69 X ' 00 CO to rf>.tO *• ot'i^ '(yi'c;i'ik to CO ' M ^ -.o I 'I^^ MOMM VI to ccMW«<OlfkMCOccMMCD^^^:©MOCo*>.oxWM<lto©© t^t^ cncn c;iODOCO©©WCMOOM50eo^if't-it»'©Oit>.o:©Xp»ciio; oov<it'©CiP-tswttCCOcoM©cocc©ocOMCOX©co©cn>i-ccc;ij^M ' • < o M M M >0 CO f 1^ K #M^^M»-cOMc;^^:*.^^Mcoo i^woi»0(f'Mc;iMC;><i o^;toOl^^tC-^^^MC;'tSCccooOOOMCoooMtOCOOMXC;•COOC^ » c» «i©ooocON)WCMXC;itO'-Wif^)^o^iB>o©ococ;<co«»if'CCto-j>«M toW it^m X « en Oi^ooooxi-©MOcot9xoMOi(^oi^c;<^oac)^ooocoxcoooc^ CO* , w X S' x* « . 1 d °?l ©1 c» CO. I m AmsrttaK— 375,000 443,000 762,0O. 46.000 34,000 Manobester stock.............. 347.000 382,000 320,00C Continental stocks. ...... ^h...^^. 60.000 H0,00( 87,000 AmerSean afloat for Bnrope. 212.884 257.262 332,101 United States stock.. >......»....» 44.093 123,6\2 OaltedStateslnterlor stocks. 2ii7.'33 116,496 2,100 843 7,854 8.858 . United Statei exports to-day. TotalAmerlcan.. ., 2,248.3141.180,234 1,238,198 1 650,0£3 Mast IndiaH, Sraail, rfs.— ^„ ^„^ ,„, ^^, 125,000 96,000 71,000 128,000 ««. LlTOTPOOl stock....12,000 9.000 10,000 14,000 London stock 8.0C0 .----. 6.000 9,000 Manobester atook .. 51,0CC 91,000 43,000 108,000 Continental stocks ..« 9l,00( 181.000 India afloat for anrope...«.«. 100,000 122.000 i8.00t 16.000 17.000 24.000 a«"p«.Br»»ll *0.,afl0tt.7ri 78.00( BtoekfnAlexindrfa.lIgypt... 1*0.000 121.000 ^34.000 483,000 676.000 474,00^ „ 921,000 tOCk in Bomtay, Inaia !-59.00( 1.322,000 9^2,000 I.IOJ.OOO Cotal East India, Ae 2,248 314 1,180,254 1,258.193 1 650,053 Total Ameriean,... 8,870,314 2,172.234 2,347,198 2,609,053 Total Visible snpply 6d 8-96d. 6-14d. 6 05d. Xlddllng Upland, Llverpoo.V 9J4C 13-35C. 9£Oo. 1105c. aewdUng upland, New York.. lO^d. 7>4d. 7%d. 79ifld. agypt eoodBrown,Llverpooi 7(1 10-50d. 8 75d. 9 80d. f «a V. Bough Ooo d,Llver pool 6ie,6d. 6ifld. 4i3,«d. 4U,fl(i Eioftcb Vine, Liverpool.. ...„ 4^(1 5-"^d. 4\d. 6»ied. avelly Gtood, LlTcrpool Z Continental imports past week have Deec 45,000 balep. r 1 oe above figures for 1905 show a decrease from last week of 98,990 bales, a gain of 1,398,080 bales over 1904, an excee.=; o< 1,223,116 bales over 1903 and a gain of 1 ,061 ,261 bales over 190^ cooOMOtOMCo- m ; cn©> cc> © • • COll^OCO' oil CO- ©; ocom©; (0< m o; ^ U1CD' ft" »o 0©MOCO'-'Mlf»M>OM>->©OWOOCJ'l^Ce )&.«'*kCOCOOtO©©X©M ^yii'^^pccf-'pisf^(a9.ppa:)y>ccf^<ivppvrf^ppc^v\pp<ia:i xmomIowV'mwOm w'bioooaT^'cc Ipk'oxoVa'cox© wajo'cc w oto>-if.i^ac;<©co»©©©co>«tsx©cocootococo-JOOi(^ocoxco© ^'©XCCll^Ullf^CClf'OMCOMXCOCOCCt^COCOtiOWMCCOftSOOAi^CntS ^1a *; ; MO- 1^ CO © ; • I ©to. . • ; CD' tCtOtO; COCO. ci:o ox> M M © M M w; ©! ts; ex col © I • t9©if>-: Om«i CO to © o ©Kix COco; co> • °?1 1903. 1904. 1903. 1905. stock at LlTMPOOl.__l)»iei. 845,000 498,000 544.000 887,001 12,00i 9.000 10.000 14,000 Btock at LonflOB...^ ............ 52,000 57,000 42,000 Stock at aianoheater. .......... Total Qreat Britain stock. 916,000 650,000 605,000 S99,00( ...^ 21,000 18,00< 14.000 23.000 Stock at Hamburg..... 134,00( .....»» 313,000 190,000 219,000 Stock at Bramen „.. 6,000 4,000 5,00( 1,000 Stookat Antwerp.............. 142,000 148,00< 148,000 ............ 102,000 Stock at aavre 3,00( 4,000 3,000 3.000 Stock at Marseilles.... .... 50,00C 26,000 33,000 28,000 Stock at Barcelona 45,000 7,00{ 38.000 Stock at aenoa 26,000 . 12.000 6,00( 4,000 Stock at Erteate . ,»_ .... .... 15,000 371, OOC Total Clontlnental stocks.. 491,000 455,000 473,000 Total European stocks ..1,407,000 1,005,000 1,078.000 1,270,00( 91,00C India cotton afloat! lor ifarope 100,000 122,000 181.000 60,000 llO.OOt 87,000 Amer. cotton »aoatf 01 a'Jope. 309,000 28,00C 16.000 17.000 Egypt, BrazU,&o.,»fl?.i:orE'pe 24,000 78.00C 34,000 Stock In idexandrla, Egypt... 140.000 121.000 Bombay, I naift......^. 921,000 483.000 876.000 474,00f Stock Stock In United States ports.. 422.723 212,884 257,262 332,101 123,652 44,093 Stock In O. 8. Interior towns.. 237,733 116.49S 2.3C 843 7,854 United States q)]r:poTtii' «0->Tsy 8,858 Total visible supply 3,570,314 2,172,234 2.347,198 2.509,0c3 Of tbe above, totals of Anaerloan ana otiser descriptions are aa fouo ws . • CnC0OOiF'a<QnXM'vic;<g-, C0t9aCtSXCCC;<OC^Xxail^UiO9<Mt4C;it9 c;i 774.0C0 48,000 448,000 309.000 422,723 • It' §1 Thb VisiBiiB Supply of Cotton to-night, as made up by cable and telegraph, is as follows. Foreign stocks, as well as the afloat, are this week's returns, and consequently all foreign figures are brought down to Thursday evening But to make the total the complete figures for to-night (June 23), we add the item of exports from the United States, including in it the exports of Friday only. LlTsrpoolf taek.........bal«s. M CO a )-•>-' a« CO I a »0 X X Ml"' COM tOMM COM© MM to ©cotococoMMibtooMMacootococ;))!^ ©o©coMXCo©coiocoto o 00 Quo^» M«©M w© a *^x*^w^ w_oi_co©*'0« ®pop©e www bi o'ik '^ w"tc a: O V W W c'cD'y" X w m'i^ O M coO':''OOMtoo<tscDxco«>ifcao»co^©cocxiy<cicoo<iM^. cocoiik d ll>- CK © Co ©mcoo S toocooocoxeox«ococotooit^»Oi- K)<:n*> o o» w co i^ » totoo«eooco©xooao©©Mc;<fttsco«ou'«<Oa*'M ©m; OM. ' c;>co O tsi^ocooi^xMMMcoiootaoM©tok-coocj» ' Ilk <B * , XX XX X CO Ob3 MX I I I d d OOX ^1 co« e»o 0>A "l oooo 9 s 3 <iw 00© did d a» ' S QB 00 oo cmf^ OD hj -=* ^? a.- 0«i ox ox ©o C30 o© ©o M© c^x cox COOD CO CSX XX XX XX XOO OCX CO CO 6 i M >^d) 6ob 6o CDO CO© CO© oci Oi^ u © o© X ©CO tax ©© too O)*^ CCOO oao .d .d .d Id id .d id id id Id Id CDCO CDCO coco CO XX XX XX or X XX M MM ccx ccco XX xcc oo M e© oo M ox ccco XX tato CCA oo oo i^ca X O COX XX XX XX XX XX XX coco CO to |1 ©6 Si ©CD coco «CD ocob CD 00 oo ©© CO coco ceco CO© OOM ox Mta X d d d d d d d d d d d SCO *! coco CDCO xco coco * XX XX XX * ©M §' ^M M xco ox ox XX OCX o f^ §s §§ 6 © »^00 ©c^ ©M X © I ' did d i 00 di ot 0000 ocoo d da coA «<co OOOO OCOO d I 00 00 00 oo oooo ooo QDOO -q-i coco H"© 1 1 I QDOO oo Id QCOO ODCO H'oa ODOO 0000 ob«j d CC© C3© »3« o© i^co M© MO o o ^iF» OSCO 00 Op obo Q0O3 obcib OC© < for the » - ' I OCCO f-O CO aoo d Hoo ODCO ao ODOO . Id occb d oooo ODCO id 00 oooo 00 1^ 0000 ccob 00 00 d oo CDCO COCO i^<a 00 00 CO Is the the shipments for the 1, corresponding period of 1903-04— is set out in detail below. P ® C>CO d Cf 00 ®l CO «< CO CO 00 CO CO I ' U3 M OCCO O w op CO ~a movement— that the since Sept. week and the stocks to-night, and the same items SJ § Ol^ ooo week and «1CKJ i: toco 2629 At the Interioe Towns New York, QW>-0Rl2QW!^0W»QWfe0W«QW20WgQM^0Wdgw3Qwg 5** H = 2 s'» w s-* a a^^rt s-s! 2 S*?? o g S s-i^S s-s 2 6 os H 5O og s M H SbPSbo! jj — . '' ; ©cncO' to ." i^ ; KCOMCnCJ-MCO to OMCfl- *.M CO COOCOXOOCO© WCOlf^MtO©©! XCDtOMV cno^cxAcxoMxoocnc^©. ocxtsoti « f>. to ©;- eo«»j^ CO w CO pi^i^ i^i^f^ o©M©oiyio©otooi('or wolowowoloto MCOOOO: MOCJ'OCOr- OCDODi- OOUIOXXXmOCCmXCD ccco'^iO© MOcx©xMxaocoto©uJMMOoaxcoococncnto9>cc© The above totals show that the interior stocks have decreased during the week 13,163 bales, and are to-night 111,237 bales more than same period last year. The receipts at all the towns have been 41,9:6 bales more than same week last year. Overland Movement fob the Week and Since Sept. 1. give below a statement showing the overland movement for the week and since Sept. 1, as made up from telegraphic reports Friday night. The results for the week ending We Jul e 23 and since Sept. 1 in the last two years are as follows. 1904-05. June 23. Week. 1903-04. Since Since Week. Sept. 1. Sept. 1. — Shipped Via St. Lonls Via Cairo.. VIA Rook Island Via Louisville Via Cincinnati Via other routes, &c. ........... 3,893 2.53S 976 1,608 1,143 8,016 Total gross overland... ....... Deduct thipments— Overland to N. Y., Boston, &o.. 502 126 250,570 "349 118 360 31,703 194,467 13,648 2,254 1,110,874 180,247 31.437 55,163 870 407 916 233 91,091 30,812 95,590 3,429 266,847 1,113 217,493 2,106 . 922 821 99 63 18,1(4 1,440,£02 Between Interior tovnis Inland, Ac, from South Total to be deducted 581,939 323,176 51.283 97,822 56.705 329,577 5 Leaving total net overland'. 14,735 1.173,655 1.141 893,381 movement by rail to Canada. The foregoing shows that the week's net overland movement this year has been 14,735 bales, against 1,':41 bales for the week in 1904, and that for the season to date the aggregate net overland exhibits an increase orer ayear ago of 2bO,274 bales. Including . _ . ^ 1904-05. In Sight and Spinner^ Takingt. Week. Receipts at ports to June 23 Net overlann to June 23 Sept. 1. 68.274 9.354,360 14,-35 1.173.655 44,000 1,800,000 Southern consumptlou June 23.. Week. Sin.ce Sept. 1. 13,9E5 7,036.613 1,U) fc93.381 4V!,000 1.755,000 127,009 12328015 57.136 9.684 P94 13,162 176,073 •13 403 104.S94 Total marketed. Cnterlor stocks In excess Came 1903-04. Sifice * Into sight during week. 113,847 Total in sight June 23 43,733 12504C88 9,789,888 20,927 2,132,324 Decrease during week. Movement into sight in previous years. 631 £.057,967 North, spinners' tak'gs to June 23 * Week— June 26 1902— June 27.. 1901— June 28 1900- June 29..... 1903 Bales. 42.344 49.400 87.695 33,227 Since Sept. 1— 1902 03- June 26. lPCl-02-June27 1900-01- June 28. 1899-00— June 29 Bales. 10,410.140 10,042,628 9,992,381 .. 8,812.195 .... . e . THE CHRONICLE. 2630 Quotations fob Middling Cotton at Othee Maekets.— Below are closing quotations of middling cotton at Southern and other principal cotton markets for each day of the week. 0IX)8ING QDOTATIOH8 FOB MIDDUNQ COTTON ON— Week ending June 23. Sat'dan. Monday, Tuetday. Wed'day. Thund'y Friday. 9l8 Oalveston. New Orleans Mobile 9ie 9i« S'a 93i8 9h, 8'a 98i8 9i,« S'e 9 Savannah... Charleston Wilmington. Norfolk Boston 813l6 8^2 8^2 S-'e 8''8 S-'s 915 Baltimore. . Pbiladelph'a 9-12 9-40 Aagnsta 91, 9>e 9Si« 808 . 9^ Memphis Houston 9i« 8iB,a Little Rook.. 8ifl St. Louis 93,6 91|6 98,6 91,6 8-^8 8\ 8''8 8''8 S-'e 9 8'4 8'4 9 9 808 9 S'o^ 9 9-l.S 9-15 9-16 912 912 912 9-12 9 9 20 9-25 9-40 9-40 9-25 945 955 91,6 9ll8 9lj6 »8l6 9 9 9iie 9l8 9i« 93,8 868 9^8 9i« 808 8»« 9^ The closing quotations to-day (Friday) Southern markets were as follows. 9^4 Louisville Atlanta 98,6 Montgomery.. 9 Columbus, Ga. 8^ Nashville Columbus, MlsB 8^8 8H 900 91fl 9 9ie 9Jfl 8ifl 9^ 8^ at other important Natchez Raleigh 8\ 8 ''8 Shreveport New Orleans Option Market.—The highest, lowest and closing quotations for leading options In the New Orleans cotton market the past week have been as follows. . Sat'day, June 17 July— Range .. Closing.. Monday, Tuesday, Wed'day, Thurtd'y Friday June 19. June 20. June 21. June 22. June 23 8-87-00 8-84--03 8-99- 00 8-84--85 8'80--98 8-82--83 8'90--94 8-80--81 879--93 880 870--71 •94 8-98- •99 8-92- 09 8-97- •98 866--68 8-72- •82 8-95- •97 8-86 -02 8-91-.93 8 65 --88 August— Range . Closing.. Sept.— Range 8-84 8-93--94 8-78--79 868- •79 8-86--88 8-72--74j 8-68- •70 8-59--60 8-68--88 8-80--92 8-82--96 8-86--88 8'72-'83 8-82--83 8-68--84! 8-64--82 8-56--82 8 56--67 8-62-^89 8-88--89 8-78-93 8-83- 84 8-56-74 8-66--93 8 60- 61 892--93 8-82- •97 8-87- •88 .. Closing.. OCTOB'R— Range .. Closing.. Dec'bebRange . Closing.. 8-77--78 8-59--88 8-87--88 8-68--69 8-66--67 8-73--89i 8^68--87 8-73--74 870-71 Easier. Steady. Quiet. Easy. Steady. Steady. Tone— Spot Options. Steady. Quiet. Firm. Firm. Weather Reports by Telegraph.— Rsporta Firm. Steady. by telegraph from the South this evening are on the whole of a satisfactory tenor. Bain bas been quite general, and as a rule very beneficial. Id a few sections along the Atlantic, however, moisture is said to be needed, and from limited districts in the Gulf States there are complaints of grass. Advices fromTexad iadlcate a material Improvement ia the crop, and in Webb and Zipata counties cotton, it is stated, is beginoing to open. Galveston, Texas.— General rains over the entire State the current week have been very beneficial. Crop shows material improvement, and in the southern portion is fruiting rapidly, and reports from Webb and Zapata counties are to the effect that cotton is beginning to open. There has been rain on two days of the past week, the rainfall reaching three inches and fifteen hundredths. The thermometer has averaged 80, ranging from 71 to 88. Abilene, Texas,— We have had rain on three days during the week, the precipitation reaching one inch and ninety-four hundredths. The thermometer has ranged from 64 to 98, averaging 81. Brenham, Texas.-lt has rained on two days of the week, the rainfall being one inch and eighty hundredths. Average thermometer 83, highest 96, lowest 69. Corpus Chriati, Texas. There has been heavy rain on two days the past week, the rainfall being three inches and twenty-two hundredths. The thermometer has averaged 79, the highest being 88 and the lowest 70. Ouero, Texas, There has been excessive rain on one day of the week, the precipitation being four inches and sixty-three hundredths. The thermometer has averaged 84, ranging to us — — from 70 to 98. Dallas, TeicoM.— Rain has fallen on' two days during the week, the rainfall reaching thirty-two hundredths of an inch. The thermometer has ranged from 67 to 98, averaging 83. Fort Worth, Texas. The week's rainfall has been one inch and eight hundredths, on three days. Average thermometer 81, hlgbest 98, lowest 66. Henrietta, Texas.— have had showers on two days of the past week, the rainfall reaching forty-four hundredths of an inch. The thermometer has averaged 83, the highest being 99 and the lowest 66. Huntsville, Texas.-Thete has been heavy rain on two days of the week, the precipitation being two Inches and thirty- — We I Vol. lxxx. the week, the precipitation being one inch and eighty-nine hundredths. The thermometer has averaged 84, ranging from 71 to 96. — Nagodoches, Texas. There has been rain on three days durlr g the week, the rainfall being two inches and thirtytwo hundredths. The thermometer has ranged from 71 to 94, averaging 83. Palestine, Texas.— R^in has fallen on three days of the week, the rainfall being one inch and ninety hundredths. Average thermometer 79, highest 92, lowest 66. Porta, Texas. It has rained on one day during the week, the precipitation being twenty hundredths of an inch. The ttiermometer has averaged 82, the highest being 93 and the — lowest 70. — San Antonio, Texas, There has been rain on two days of the past week, the rainfall reaching eighty-three hundredths of an inch. The thermometer has averaged 81, ranging from 68 to 94. Weatherford, Texas. We have had rain on two days during the week, the precipitation reaching one inch and fiftyeight hundredths. The thermometer has ranged from 66 to — 99, averaging 83, — Shreveport, Louisiana. There has been rain on four days the past week, the rainfall being one inch and fifty-seven hundredths. The thermometer has averaged 85, the highest being 95 and the lowest 75. New Orleans, Louisiana.— It has rained on four days of the week, the rainfall being two inches and sixty-three hundredths, Average thermometer, 82. Leland, Mississippi, -Rain has fallen during the week, the rainfall reaching two inches and fifty hundredths. The thermometer has ranged from 67 to 92, averaging 78 3. Vicksburg, Mississippi.— With beneficial rains and favorable weather generally, the crop has made good progress. The week's rainfall has been one inch and forty-nine hundredths, on four days. Average thermometer 79, highest 93, lowest 70. Helena, Arkansas. Crops are in good condition. Local showers each day of the week until Thursday noon, when slow rain set in which continued until two this morning. Splendid for crops. First bloom on the 21st, or same date as last year. The precipitation reached one inch and seven hundredths. The thermometer has averaged 81, ranging from 68 to 94. , Crops are doing well. There has Little Roek, Arkansas, been rain on five days during the week, the rainfall being three inches and eighty hundredths, aad it is still raining. The thermometer has ranged from 64 to 95, averaging 83. have had rain during the week, Nashville, Tennessee. the rainfall being one Inch and sixty-five hundredths. The thermometer has averaged 80, the highest being 95 and the lowest 64. Mobile, iltodama,— Frequent rains In the interior daring the week. Cotton is generally in fair condition, but there are complaints of grass and too much rain from some sections. There has been rain on three days of the past week, the rainfall reaching ninety-seven hundredths of an inch. Montgomery, ..d^obama. —Lowlands are still somewhat in have had rain on Upland crops are doing well. grass. two days during the week, the precipitation.reaching twentysix hundredths of an inch. The thermometer has ranged from 73 to 94, averaging 83, Madison, ^PTorida.— Excessive moisture Is causing grassy have had rain on four days of the past week, the fields. rainfall reaching two inches. The thermometer has averaged 79, the highest being 90 and the lowest 68. Augusta, Oeorgia.—CropB are Improving but grass Is still troublesome. Toere has been rain on three days of the week, the precipitation being one Inch and thirteen hundredths. The thermometer has averaged 82, ranging fram 69 to 94. Savannah, Qeorgia.—We have had rain on three days during the week, the precipitation reaching seventy-six hundredths of an Inch. The thermometer has ranged from 72 to — — —We We We 89, averaging 81, We have had rain on four Charleston, South Carolina.— days of the past week, the rainfall reaching twenty-five hundredths of an inch. The thermometer has averaged 80, the highest being 88 and the lowest 78. Greenwood, South CaroMna.— Moisture Is badly needed. There has been rain on one day of the past w^ek, the rainThermometer fall reaching twelve hundredths of an Inch. has averaged 81, ranging from 71 to 92. Statetmrg, South Carolina. Cotton, along with all other crops, is suffering badly for moisture. Rain has fallen lightly on one day during the week, the rainfall reaching ten hundredths of an Inch, the beneficial effects of which were The thermometer has ranged from 71 to of slight duration. — 97, averaging 83. North Carolina.—With occasional showers I one hundredths. The thermometer has averaged 84, ranging should consider the conditions Ideal. It has rained on one from 69 to 99. day of the week, the rainfall being twenty hundredths of an Kerrville, Teascw.— There has been rain on two days during inch. Average thermometer 82, highest 95, lowest 71, the week, the precipitation reaching one inch and seventyThe following statement we have also received by telegraph, five hundredths. The thermomiter has ranged from 66 to 92, showing the height of the rivers at the points named, at averaging 79. 8 A. M. June 23, 1905, and June 24, 1904. LampanaH, Teojos.— Rain has fallen on two days of the week, the rainfall being forty-six hundredths of an inch. June 23, '05. Jum 24, '04. Average thermometer 81, highest 98, lowest 65. FeeU Feet. Longview, Texas.— It has rained on three days during the 14-4 13-6 Above aero of gauge. week, tbe precipitation being one inch and seventy-eight «ew Orleans 19-8 15-7 Above zero of gauge. hundredths. Ttie thermometer has averaged 85, the highest Memphis 3-5 109 Nashville Above sero of gauge. 28-5 belEg 100 and the lowest (59, 211 Above zero of gauge. Shreveport 38-8 290 Above zero of gauge. LuUng, Texas.- There has been heavy rain on one day of Vlokaburg Charlotte, : June THE CHRONICLE. 24, 1905.] India Cotton Movembnt pbom all Ports.—The receipts of cotton at Bombay and the shipments from all India ports for the week ending June 32 and for the season from Sept. 1 to Jnne 22 for three years have been as follows. 1903-04. 1904-05. Reeeipt$ at— Since Week. Bombay 41,000 2,492,000 For Since Week. Sept. 1. Since Week. Sept. 1. 17,000 2,038,000 Week. the 1902-03. Sept. 1. 33,000 2,357,000 Since September 1. Mxportt Qreat Qreat Britain. Oontinent. Total. i'obo 20,000 10,000 34,000 20,000 10,000 35,000 19,000 92,000 74,000 333,000 846,000 825,000 352,000 938,000 899,000 i'.boo 2,000 2,000 2,000 3,000 2,000 4,000 4,000 33,000 39,000 34,000 35,000 43,000 38,000 13,000 31,000 12,000 16,000 41,000 18,000 188,000 234,000 132,000 196,000 250,000 149,000 Britain. Continent. Total. Bombay— 1904-05.. 1903-04.. 1902-03.. Oaloutta— 1904-05.. 1903-04.. 1902 03.. Madras— i',bo6 i',6bo 3,000 10,000 6,000 i'obo 13,000 8,000 3.000 13,000 12,000 3,000 8,000 16,000 17,000 s'obo 1,000 35,000 21,000 37,000 35,000 ^6,000 38,000 1904-05.. 1903-04.. 1902-03.. ^1 others— 1904-05.. 1903-04.. 1902-03.. 32,000 567,000 599,000 122,000 1,150,000 1,272,000 101,000 1,003,000 1,104.000 Alexandria Receipts and Shipments op Cotton.— Through arrangements we made with Messrs. ChoremI, Benachi «fc Co., of Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following are the receipts and shipments for the past week and for the corresponding week of the previous two years. Alexandria. Bgypt, June 1903-04. 1904-06. 21. Receipts loantars*)— This week............ Since Sept. 1 Sxportt (bales)-- To Liverpool... To Manchester To Continent To America.......... Total exports * Ad.Tddication— Emannel Lehman, chairman; Relnhard Sleaenbnrg, Pandeil A. Faolilri, Archibald B. Gwathmey. Samuel T. Hubbard. Board op Appeals -Henry Sohaefer, chairman; Thomas M. Robinson. Secretary; Henry Hentz, Bernard 8. Clark, Philip Lehman, Robert P. McDoogall. J. Temple Gwathmey. Membership -£. M. Weld, chairman; William Mohr, P. H. Wlggln, Samuel T. Hubbard. Edward K Cone. Arbitration— (Jeorge E. Moore, chairman; Marcus J. Parrott, William Ray, George A. Chapman. Edward E. Moore. Henmann Norden. Warehodse and Delivery- John Tannor, chairman; Arthur Lehman. Eaward E. Moore, Charles A. Shearson. Georte W. Neville, Abr»m Allen .7r.. Secretary; Walter O. Hubbard, ex offlolo. Information and Statistics— James F. Maury, chairman; Eustratlus A. Fachirl, G«orge W. Baily. William P. Jenks. Arthur R. Marsh. Commissions- Henry H. Wheeler, Chairman; Bernard 8. Clark, Thomas M. Robinson. Secretary; Relnhard Sledenburg. revision- George Breunecke, chairman; 8. M. Lehmai,M. T.Maine, E. E. Moore, P. A. Fachirl. R. H. Rountree, C. M. Calhoun, John Grierson, R. A. Springs, G. E. Moore. J. F. McFadden, E. M. Weld, Char'es Stillman, Samuel Hopkins, William Mohr, O. C. Cowan, William Ray. Clearings— G. Howard Wilson, chairman, Henry H. Boyce, Walter O. Hubbard, ex-offloio. Classification Abram Allen Jr., chairman J. F. Wenman, T. A. ; Perkins, E. L. Woodson, 13,000 6,193,637 1902-03. 700 900 6,453,757 5,739,430 IhU This Since week. Sept. 1. week. Sept. 1.750 208.342 143,402 sisoo 300,301 1,250 69,047 2,000 225,107 3,000 134,821 1,500 327,400 700 50.148 200,291 r,659 144,633 5,330 310,882 80.271 8,500 721,092 7,200 737,476 6,989 736,077 Since 1. This Since week. Sept. 1 A cantar Is 98 lbs. This statement shows that the receipts for the week ending 21 were 13,000 cantars and the foreign shipments June 8,500 bales. Manchester Market.— Our report received by cable to-night from Manchester states that the market is quiet for yarns and steady for shirtings. Manufacturers are working at f s ir profit. give the prices for to-day below and leave those for previous weeks of this and last year for We comparison. 1904. 9\lbs. Shirt- Oott'n 32« Oop. ings, common Hid. Twist. to finest. Uplds Uplds 81* lbs. SMrt- Oott'n 32( Oop. ings, Tunst. My 19 708 26 J'ne2 " 9 " 16 " 23 711i6«8l3 7^8 ®811i6 79i ©8918 7ii,6»8i« 8 98^ •• W. P. Barbot. & This is the opinion of the offlolals in the Governmeut Irriga- Department. SHIPPING) News.— As shown on a previons page, the exports of cotton from the United States the past week have reached 82,198 bales, The shipments in detail, as made np from mail and telegraphic returns, are as follows: tion Total Liverpool, per steamers Baltic, 165 upland and 159 Sea Island Oedric. 7.314 upland and S07 Sea Island Victorian, 292 upland To Hall, per steamer Idaho, 661 To Manchester, per steamer Calderon, 1,748 upland and 30 Sea Island To Glasgow, per steamer Columbia, 107 La BreTo Havre, per steamers British Empire, 2,607 tagne. 2oo foreign To Bremen, per steamer Kurfuerst. 214 To Antwerp, per steamers British Empire, 1,087.... Vaderland. 260 To Copenhagen, per steamer Helllg Olav. 200 To Genoa, per steamer Koalg Albert. 1,876. To Naples, per steamer Konlg Albert. 3C0 .._ To Japan, per steamer Icdrasamha. 65! Nbw Orleans-To Liverpool- June 19-Str. Chancellor, 6,975 To London- June 21— steame r Ooionian, 2,oo0 To Belfast-Jane 17 Steamer Inlshowen Head, 2,250 To Havre June 19 -Steamer Helvetia, 2,8il)5 To Bremen-June 23 Steamer Undaunted, 3.23i To Hamburg- June 22-8teamer Montatik Point, 3,529 To Antwerp - June 21- Steamer Colonlan, 50 To Barcelona-June 19 - Steamer Conde Wllfredo, 639 To Pasages-June 19— Steamer Conde Wilfredo, 253 To Venice- June 17- Steamers Cayo Bonito. ftO; Margherita, 2,8 00.... June 21- Steamer feresa. 1,250 To Trieste-June 17 - Steamer Cayo Bonito, 1,«50 Mobile— To Bremen- Jane vi2— Steamer Viile de Ronen. 3,527 Pbssaoola— To Havre- June 22- Str. Cayo Domingo, 8.277... Wilmington— To Liverpool— June 21— Steamer Roda. 8.446. Bostow— To Liverpool June 16— Steamer Sachem, 1.5*4 Juoe 20-8teamer Jnne 19 Steamer Saxonia, 1,544 Devonian, 8i June 21— Steamer Arabic. 87 8ALTIMORB—To Liverpool- June 16-Steamer lodore, 5,369... New York— To . bales. 8,737 661 1,773 107 2,807 214 1,347 200 1,876 300 6M 6,975 2,000 2,250 2,895 3,231 3,529 50 639 253 3,800 1.450 3,527 2,277 8,446 3,216 5.3t59 common Mid. to finest. s. d. 8. d. d. d. d. 8. «838 4 2ifl®6 1li« 4-39 10 -910^ 4-61 10 «10\ 4 3 ^7 1 4-70 4 3ifl®7 2 9»fl« IOI4 4-73 9149 IOI4 4 3ifi07 2 6 6 6 6 938a>ioie 6 d, B. 4 ®9 4 ®9 li9«9 lifi«9 d. 6 6 2 3 A. 7-36 7-12 6'72 6 68 6-38 lOO Philadelphia -To Liverpool— June 16-Str. Haverford, 1,747 3AR f RAWOI8OO— To Philippines- June 17 Str. China. 2.';o To Japan -June 22 Steamer Queen Alexandra, 4,742 Seattle to Japan— June 20— steamer St. Helena, i, 225 tAOOMA—To Japan— June 20-8teamer St. Helena, 4,519 „ Total.. d. O. Mlllett, To Bremen- June 20 -Steamer Chemnitz, 100 1905. d. Frank Egyptian Cotton Crop. -Under date of Alexandria, June 3, Messrs. Choremi, Benachi Co. write to their Boston branch as follows : The growing crop Is progressing more favorably and we hare nothing particular to add to our last report. The weather continues hot and is seasonable for the young riant. The Nile rise is a very poor one, but owing to the rotation now in force it is consldir^d that the supply of water will just be snfflolent to save damage from drought. Total all1904-05.. 1903-04.. 1902^03.. 2631 1,747 2?0 4,742 2,225 4,5i9 82,198 The exports to Japan since Sept. 1, 1904, have been 299,065 bales from Pacific ports and 6,569 bales from New York, LiYBBPOOL.— By cable from Liverpool we have the following statement of the week's sales, stocks, &c., at that port. «9 3 ®9 614 June 9 June 16 June 2. Government Weekly Cotton Report.— Mr. James Berry, United Division of the States Chief of the Climate and Crop 41.00{ 23 000 46.000 Sales of the week...... baleu>. 48.000 Weather Bureau, made public on Tuesday telegraphic re1,000 1,000 1,000 2000 Of which exporters took. .. 8,000 2,000 1,000 1,000 Of which specnlators took. ports on the crops in the Southern States for the week ending 40,000 20.000 ...^ 87.000 Sales American 42,000 June 19, eummarJzing them as follows: 7,000 4,000 3,000 8,000 kctnal export 4 4 3 f»7 1 4i«07 2 483 5 05 9i«® 9''8 6 I m Further IDD pro vement In the oondltlon of cotton Is very generally Indicated thronghoat the cotton belt. The crop la now In a good stat* of caltlvatlon, althooKh some Holds oontlnne foul In portions of the central and western districts and in Florida. While, as a rnle, good growth is reported, the plant continues small. Lice are etill prevalent in North Carolina, Dut are less numerous in Soa'h Carolina, Georgia and Alabama. Considerable damage by web-worms is reported from Oklahoma add Indian Territories, where some fields are being devoted to other crops. Boll-weevUs are spreading in Northeastern Texas, bat generally the damage is not great. New York Cotton Exchange Committees, Etc.— At a meeting of tbf* newiy"- elected Bosird of Managers of ttie New York Cotton Exchange, held on Monday last, Mr. William V. King was re-appolnted Snperinteudonc of the Exchange, and the foUowing committees were selected ExECUTiVB— Henry H Wheeler, chairman; Richard A. Springs, John E. G. Hlegena, Charles W. Lee, James W. Wenman. PiNANCB— John E. G. Hlggens. chairman William P. Jenks, John 80,000 831,000 755,000 95,000 90,000 205,000 187,000 Forwarded Total stock— Estimated Of which American- Est'd. Total import of the week..... Of which American (.mount afloat Of which American ........ 71,000 832,000 757,000 79,00(. 69,000 23 1,00c 213.000 97.000 845,000 774,000 140,000 127,000 188,000 164,000 48,000 811,000 737,000 29,000 26,000 257,000 237,000 The tone of the Liverpool market for spots and futures oioh day of the week ending June 23 and the daily closing nrices of spot cotton, have been as follows. Sat'day. Spot. Market, a^:30p. m. Monday. Tuesday Wed'day. Thursd'y] Friday. Fair Moderate Moderate boslness Moderate d«inaDd. deiuanf! demand. dOlDR. Qnlet. ( ^ Mid. Upl'ds. 4'99 4 95 4 98 4 91 505 7,000 8.000 12,000 500 500 10,000 1,000 8,000 600 ; Grierson. AlberB L. Rountree. ex-oflloio. SnPERVJsoRY—James F. Maary, chairman; Richard A. Springs, La- mar L. Fleming. Bt Laws and Rulbs- Albert L. Rountree, chairman ; Heimann Lee, Walter C. Hubbard, ex-offloio; Edward M. Hagedorn, Charles W. Weld, ex offlolo. Lkoislation— Walter O. Hubbard, chairman Lamar L. Fleming, Richard A. Springs. Trade— Wiiilam Witherspoon, chairman Charles M. Calhoun, Charles Stillman, Clement Moore, John Tannor, James Blordan, Benjamin R. Smttti. ; ; Snles « 160. A exp. Futures. Market )pened. U o 600 go ! Excited at Qalet at l ) 14016 I i p. H. ^ pts. deol'.ne. tdranoe ateady Market. ea? ptf. Firm at at 13(316 pt«. l(&a pti. deollne. advance. 1 Quiet steady 6^7 H&l at pts. decline Qalet at 536 pti. decline Steady at at 7e8 pts. pti. adTsnoe. decline. Stronsrat Steady at 6@8 pts. »ii»Br.or<. ! 1(36 pti. adTance. — . . . THE CHRONJCLE. 2632 prices of f atnres at Liverpool for each day are given below, Prices are on the basis of Uplands, Good Ordinary clanee, unless otherwise stated, t!F 7Ae prittt are given in pence and 100(A. TAut ; 4 85 meant 4 8il00d. The iriou. Sat. June Tues. June 19 June SO June 17. 12^ 4 4 1S>«| P.M. P.M P.M. P.M, d J one- July... July- Aug. .. Aug.-8ept o C . B«pt.-Oot.. Oot-NOT—.. NOY.-Deo. .. Deo. -Jan.... Jan.-Feb Feb.-Hoh. .. Hob. d. 4 4 4 4 April.. April May.. 8.'^ 84 84 83 83 83 82 82 83 84 85 85 12^ 4 12h| 4 X2H 4 M. P M, P.M. P.M, P.M. P.M. r> d. 4 8« 4 8114 4 85 4 80,4 4 85 4 80 4 4 84 4 79 4 4 84 4 78 4 4 84 4 78 4 4 84 4 78 4 4 84 4 78 4 84'4 85 4 79 4 85 4 86 4 80 4 86 4 86 4 80|4 87 4 87 4 814 85 85 81 83 83 83 4 83 4 8S 4 4 4 4 4 4 .» Jane Frt, June 22 June 23 21. d. d. d. d. 180 4 79 4 77 80 4 78 179 4 78 4 78 4 77 4 78 4 77 4 77 4 76 4 77 4 76 4 78 4 76 4 79 4 77 180 4 78 181 4 79 181 4 80 4 4 77 4 76 75 76 74 74 74 75 76 4 76 4 77 4 4 4 4 4 4 4 4 4 4 4 d. 86 4 91 86 4 91 85 4 90 84 4 89 84 4 89 83 4 89 83 4 83 83 4 89 84 4 89 84 4 90 85 4 91 86 4 92 d 90 4 90 4 89 4 83 4 4 4 4 4 4 4 4 88 88 88 88 8S 89 90 90 BREADSTUFFS. Friday, June 23, 1905, volume of business has baen transacted in Kansas straights and firm prices have been paid there also fairly full ; has been moderate buying of winter-wheat flours at a steady basis of valaes, but the demand for spring-waeat fl mrs, particularly patents, has dragged. As, however, there has been no presBure tn move supplies, prices have been well maintained. Rje fljur has been in moderate demand and firmer. Corn meal has been firm but quiet. Speculation in wheat for future delivery has been moderately active but the course of prices has shown some irreguNear-by deliveries have been firmer, reflecting the larity. firmness of the market for cash wheat based on the strength of the statistical position. Shorts of July delivery have b^en reported steady buyers to cover sales and this demand New crop dehas carried prices to a higher basis. During the week show fractional declines. were circulated of damage to the growreports HturvestiDg ing crops, but they lacked confirmation. returns from the winter-wheat belt have been generally favorable, reporting full yield and of good quality, and the spring-wheat crop in both the United States and Canada h^s been reported as makiag good progress. Advices received from Europe report prospects favorable for full yields from the grain crops. The spot market has been firm but qnie'. To-day the market was fairly active and higher on uulavo able weather reports from the harvesting districts and a comparatively small crop estimate. Toe spot market was q lie'. NK OAILT OUHOMO FUOBBOI' WHBAT rUTDBBI . liveries W YORK n 8at. iro.2 red winter, t.o.b... July delivery In elev Sept. dellv. In el»v. Deo. dellT. In eley 107is 937g 88''8 88\ Mon 106ia 93i« 88 88 Tuet. 106i« 94ie 88^ 88^ DAILY OLOSDIO PBIOKB OF WHEAT rUTDBBS Tut*. Sat Hon. Wed. 105i« Thur*. 10.M4 Fr% 10514 9^^ HS^ 8&^ 9^^ 9i^ 88% 8^ 89ae a9^ » OHIOAeO. Wed Thur$. tr- 89i8 SS^g 90 91^ 69^ 8778 Jnly deUT. In eiev 84i« 84''8 85'« 83\ 84% Bept. deUvery In elev.... 85 85i« 83*^8 84 84% 85 Sa^a Deo. delivery In eley Indian corn futures have received a moderate amount of speculative attention. Prices for this crop deliveries have been firmer, while for new-crop months they show fractional declines. Small stocks at the primary markets aie reported, and this, with a steady cash demand, has served to create considerable uneasiness among July shorts, particularly in the Chicago market, and they have been buyers to cever contracts. Weather cooditloDS in the corn belt have been reported generally favorable for the growing crop, which has made fair progress. The spot m>irket h^is been firmer but quiet. To-day the market was easier, under favorable weather conditions for the growing crop and a falling off in the caih demand. DAILT OLOBIMO PKIOBS OF HO. 2 MIXED OORM IH ¥ORK. NEW Oastaooml. o. b July dellT. In elev Bept. delivery Bat. Mon Tue*. Wed. Thur* 61 61>4 6II4 61% 61% 68''8 SROs 60 60 58i« 57^8 ST'a SS'^e PBIOBB OF NO. 2 MIXED CORN IH 60Hj m eley. DAILY 0L08»0 58% Tuet Jnly delivery In elev Sept. delivery In elev Deo. delivery in elev May dellv. in eley 5414 52b« 53>« f>lH 54% 48''8 48''8 43''8 49 BcU. No. Z mixed, f. o. b Mo. 2 whitcoltpped. I.o.b. Mon. 36 3!>^ 38 88 luti. zm 88 Wed. SS^t) 88 88 Barley—West ending June 19 as follows: Corn.— Except In Eaatern'Mlssoarl and Central and Soathem Illinois, corn has made good progreea ttiroaghoat: the com belt. Oaltlvatlon has been brought ap to date exoept in portions of Miohlgan, Wisconsin and Sintb Dakota. In the Sonthern States, while treaerally doln< well, corn is in need of rain la many sections. la the Middle Atlanti} States the crop has experienced a decided Imptovemeai. WisTEK Wheat. -Winter wheat has progresned nnder fayora'>le conditio as, and harvesting is now well advaaced la Ka <aa8, Mlssoarl and S9athern Illinois, and has began In lodlana and Marylaai. The rep irts from the sonthern portion of the wheat area generally tndloata ylttlOs lighter than were anticipated. Fair yledt) ot goo t qaalUy are reported from Oallfornla; and in Oregon anl Washington thd crop hsu made good Drogress. Spbiho Wheat.— In portions of Wisconsin and Minnesota dry weather 1a needed for spring wheat, bat this crop has generally made very satisfactory progress t&roaghoat the spring wheat re«l>a and is beginning to head la the sonthern portion. Very favorable reports respeotlncr spring wheat also continne from the North Pactff ooaat. Oats.—The narecrop has suffered to some extent from excessive moisture In Wisconsin and MInnesotft. rast in doathern Iowa, rank growth In Northern Illinois, and drought tn Sonthern lUin^ts, bat la the^'C States and generally elsewhere tha coadiaon of the orop la promlBlng. Oata harveat la in prograea as far north as Missouri. The movement of breadstuff s to market as Indicated in the statements below Is prepared by as from figures collected by the New York Produce Exchange. The receipts at Western lake and river ports for the week ending June 17 and since Aug. 1, for each of the last thren years have been: 1 cUetiptt at— MllwaokM.. DolmU SB Barley. Oatt. 30.000 97,680 52,883 063,610 91,800 MlnneapoUi. Toledo 63,25) 68,780 333,080 167,200 16,148 121,220 8,000 U3.030 233,000 •••••• 33,000 29,700 150,122 335.4 M) 12S.60C. 43,33 Detroit B.lOO Olereland ... 3t. Lonls.... Peoria 1,820 ie,»oo 36.4=!0 08,883 8,800 222 000 253,478 210.840 226,4)0 266,000 284,000 00,000 1,639,530 3,828,602 8.041.785 1,812.5U 8,088.70 ^ 2,840.733 2.013,018 3,912,068 8,262,806 10,660 Sansai Olty. Tot. wk. 1006 206,018 307,317 833,183 lame wk. '04. 4am8wk.'08. Hinet Au«. 1. 16,191.703 108.002,862 167,600.026 148.414.003 17,6i0.385 206,103.99} 156.142,280 116.535 40D 18.368.889 23'i.m 712 147,163.314 17O,';0J.406 1901.6 1903.4 1908.S Bv*. BiMh.33U)s BtuKiaibsBuAOlbt. 2,085.000 1.403.560 330,418 20,000 Bush.«(ili>s Bus7i.ee Iba 111,902 S8.675 ChleaKO Com. Wheat. Flour. BbU.lMlbi 22.100 6,300 1,700 18,6 :o 877,630 511,975 652,006 65,400 75,714 180.465 62,015.213 6,444,033 63.513.443 7,420,470 63.643.060 0,790.073 Total receipts of flour and grain at the seaboard ports for week ended June 17, 1905, follow: Gbe Wheat, Flowr, at— Reeeiptt New York. 00.324 . Boston Portland, Me Philadelphia. Baltimore . 11,*]^2 , ......^ ^ . Richmond New port Newi ,. »-m 2«,5 '0 28.422 2,2)0 . . Galyeston Montreal Mobile • 3.2r0 261,476 - 17,412 l.l0i "187.880 834,001 Total week.. WeeklV04 643.887 760,791 Wheat Kye Total grain Rv» bush. 1,000 '81879 800 73.418 23,444 IO.J.000 ..• 76 000 .... 813.009* 181.314 11,650 1,041,820 783,02l 10.037 6.830 1,270.301 8^:8,287 101,667 29,318 1.000 June 17 compare as 1903. 9,782.963 1002. 0.430,011 49,161.115 H.9i6.372 20,476,216 606.858 46.875.3j0 59,83«.143 25,l2t,e83 2,081,257 8,720,000 71,194.081 135,033,703 82,432.810 4,700,019 8.C91.H47 bush. 10,132.196 bush. 67.a-<«,705 bush. 21.56),027 bnsh. 3 76H,S32 198,342 bush. 20.64!, 801 89.0s6,317 lH,8ai,ui0 1.730.7 .'6 bush. 82,934,802 bbls. Barlty, bush. 0S,7J0 , 137.050 0,S26 Orleans'.. Oats, hush. 603 200 110,196 47,311 78.4«! 60,424 3 426 . New Corn, bush. 4t8.e76 101.283 bush. 100.300 16.40) 101,382 14.372 8.a07 36,096 bbls. Klour... SS^s 949 41 58^4 FH 77 984 Nominal 46 955 Berry, Chief of the Climate and Crop Division of the United States Weather Bureau, made public on Tuesday the telegraphic reports on the &:rain crops in the various States for the week 4889 48I4 Thuro. 35>e b.61 b.e2 b.61i« f. Feertlne 48'8 43% o. o. f. 0. f. State and Jersey.... Total receipts at ports from Jan. 1 to follows for four years: 1005. 1004. Receipts of- Oits for future del very at the Western market have baen fairly active and prices have advanced. Prominent interests have been buying, and reports have been circulated of less promising prospects for the growing crop. An acilve cash demand at firmer prices also has had a strengtheniog eStiCt upon values. LociUy the spot market has been moderately active and firmer. Today the market was firmer on unfavorable weather reports. DAILY OLOailia PRIOB« OF CAT! IH NBW^ YORK. c. 961 Government Weekly Grain Report,— Mr. James 53% 62% 49 No. 2 mixed No. 2 yellow No. 2 white Eye, per bosh— Western 86 940ifl Nominal. Nominal. No. 2 mixed... No. 2 white 0. 66 Western mixed..... f.o.b.lS0% f.o.b.llS% White 54% SSk 48i8 Oom, per bash— 0. N. Dal., No. 2 Red winter. No. 2.. f.o.b.lOSi* Hard winter. No. 2. f.o.b.Nom. Oats—Mixed, p. baah. 35 936 Onts Barley 48'8 0. N.DuL.No.l C-rn Thuri. 5J GHAIH. Wlieat, per bnsii— Fri Wed. 5438 63i« 4858 sm 3W 61 59^4 Fr\. CHIOAOO. Mon Bat. DAILY OLO8IMO PKI0B8 OF HO. 2 MIXBD OATA IH CIII€A«i4>. Sat Mon. Tuet. Wed Thurt. Fr%. Jnly delivery In elev 31Ta 31 3l3n 32^ ««pt. delivery In elev.... 293i8 29 1« 30 14 a9% 3038 May delivery In elev 3108 31% 3214 S3 33 >4 321s Following are the closing quotations: FLOUE. ff1ne....._ 92 90 «3 20 Patent, winter $5 00 9540 Superfine 3 30 «3 60 Olty mills, patent. 6 Oo 96 40 Extra, No. 2....... 3 65 •3 85 Boor, saperfine Rye 4 25 94 90 Extra, No. 1 3 90 94 00 Bnokwheat floor.. Nominal. Ulears 4 10 94 30 Oommeal— Straights 4 SO 95 10 Western, eto..^. 2 85 92 90 Patent, eprlng...^. 5 65 96 85 Brandywlne..... 2 90 93 CO 4 Jute Bags, Bagginq, &c.— Thb market for jute bagging has been devoid of animation the past week, with prices nnchanged at 65^0. for 19^ lbs. and 6^3 2. for 2 lbs,, standard grades. Jute butts continne dull at l)i@l^c. for paper quality and 2@23^4C. for bagging quality. A fVoL. l.iiX. l,473,l-<4 1,447,933 The exports from toe several seaboard ports for the week ending June 17, 1905, are shown in the annexed statement: Wheat, Exports from— New York Me. Portland, Boston PhiUdelpbla bush. 15.007 101,388 10,' 91 Newp'rt News .. "6'.9'9'7 374,216 Mobile TotHl week.. time '01. Flour, bbls. 2:i,oaj ''e'.Ms 18.313 8.7 -(4 8.42'« NewUrleans Sitiue iesVaod '69.022 Bulilinore Moutreul.. Corn, bush. 323.086 601,696 «90,SS9 166,351 11.650 4,5U5 9.3UV 1.108 74)896 "74,148 30},&13 139 263 Oats, bush. 141,510 Rye, bush, Barley, bush. 121.633 Peas, bush. 3,138 10,000 21,334 102,000 S3 852, ')32 41,856 5.250 939.149 02.310 166,491 l,0i3 8,188 1 . June The Jnly 1, : THE CHRONICLE. 24, 1905.] week and destination of these exports for the 1904, is as below: sicce Flour. Wheat. Corn. Export* !ot Week Since July Weeh Since July Week Since July week and tince Jxme 1 1. 1904. June 17. 1. 1904. June 17. 1, 1904. July 1 to— bbls. buih. bbls. bush. bush. btuh. United Kingdom. 80,^89 2,984.034 501,Ma 12,131.293 467.701 35 9l».l2l Continent 13,898 1.108,483 1,337,201 221.924 43.076.840 742,8(^2 6UR.964 8. & C. America. 13.7 1 3l,6i7 3.360 , West Indies Br. N.Am, Colo's 12 400 13a 16,." other coontries. Total Total 1603-04...,. 74,148 « . 1,03?.468 110,686 322.228 6.24«.6e5 139.lt65 14.X30.027 . . 20.864 "2.370 S3,114 601.586 690,669 13,624.269 60.089.112 1,242.000 164.953 93.060 743.899 81,090.621 808 513 05.329.669 The visible supply of grain, comprising the stocks in granary at the principal points of accamalation at lake and seaboard ports, June 17, 19G5, was as follows In store ot— New York Do Corn bush. 91,000 114,000 2S,00O 43,000 72,000 9.000 141.000 BarUv Ryi, bush. 147,000 bush. 63,000 5tJ,000 18,000 88,000 187,000 4J.0JU 22t<,c00 89,000 iisVo'co 17,000 829,000 161,000 44,000 872,000 436,000 66,000 168,000 386,000 1.000 116,000 8.000 1,000 7,000 923,000 355,000 886,000 90.000 l.OCO 260,000 23,000 147,000 2,000 121,000 903,000 i26,o66 ii'e.'ooo 6,9S8,000 1,431,000 85,000 29,000 1,894.000 20,000 4,000 127.000 12,000 333.000 1,000 41,000 63,000 61,000 160,000 67,000 172,000 26,000 3,006 "2V066 815,000 104,000 1.610,000 eo6.ooo 182,000 June 17, 1906 16,782,000 June 10. 1906.1H,166.000 June 18. 1P04 16,348.000 June 20. 1H03 18.8h0.000 June 21, 1902.^1.036,000 2,921.000 3,:«8,000 !^, 123.000 6,410,000 6,189.000 Orleans Galveston Montreal Toronto Do afloat 169,006 afloat Detroit Do afloat Chicago Do afloat Milwaukee Do afloat Fort William. Port Arthur Duluth Do 2,629,000 761,000 1,176,000 afloat Minneapolis 8t.TjOul8 Do aoo.ooo afloat Kansas City Peoria Indianapolis On Mississippi RiT On Lakes On canal and river . . •• - 846,0i'<l 7,338,000 4,b37,000 875,000 87n,000 76S.000 eus.ooo 2,048,000 26,000 126.000 • • 7,I0'',000 4.1-i7,000 ings to the Red Sea have been reportf-d, but apart from tais the export business has been practically nil. A feature of this division, however, has been some inquiries from Chin* for as light as 6'50-yard sheetings, which is lighter than that country has ever before sought here. Bleached goods have been slower but remain firm with medium counts in particularly small supply. Gray goods are higher and bleached handlers not having covered their requirements in full are occasionally not in a position to grant required deliveries at current prices. Wide sheetings, sheets and pillow cises are firm at the recent advance and stocks are in excellent condition. Coarse, colored cottons are alt firm and are well sold ahead. Kid-finished cambrics are higher and the demand shows some improvement. Purchases of prints have been on a larger scale and stocks are becoming smaller. Ginghams have met with a fair inquiry and are firmly held. Print cloths are materially higher and sales of both wide and narrow goods have been satisfactory. Regulars are now quoted at 2^0. bid and 2J^o, asked. Woolen Goods. —Considerably more 41.000 .... Toledo Do 'y.bdo 40,000 Buffalo Total Total Total Total Total Oat$, bush. 8'<8,000 afloat Boston .... PhUadelpbla Baltimore New Wheat, bush. 85«,000 773.000 1,007.000 1.291.000 974,000 281.000 THE DRY GOODS TRADE. New York, Fbiday, P. M., June 23, 1905, The cotton goods market has continaed to gain strength during the past week and prices are quotablv higher now than they were at the last writing, Bayers have serionsly commecced to realiae the diffioalty of obtaining the required delivery on goods that they need and at the present time are bidding against each other in order to secure them. The gtatietical position of most lines continues to be the main feature of strength, but while the raw material situation does enter so much into calculations,[yet any further advance in this would render the goods market somewhat dangeroop. The fear that is mostly expressed is that sellers may be inclined to take such advantage of the present soarcty that they will advance prices beyond the safety limit and thus bring about a reaction. Individual orders during the week have not been large, but the aggregate has been satitfactory, and this new business with that placed recently is sufficient to keep the mills busy for some time. Snould the export demand revive, of which there are at present very slight prospects, there is no doubt that still higher valaetj will prevail. At the present level there are few manufacturers who are desirous of contracting far ahead, and as far as that goes buyers are adopting the Eame policy, although there have been a few further orders placed for fall dtiilvery. In the woolen goods division further lines of men's wear light- weight goods have been opened, but these continue to consist of low-grade goods. Domestic Cotton Goods.—The exports of cotton goods from this port for the week ending June 19 were 3,088 packages, valued at |I89,948, their destination being to the points specified in the tables below: interest is being in the new lines of men's-wear light-weight goods» and many additions have been made to these during the week. Practically all of those that have been opened so far are under a dollar a yard, and while it has been said that buyers ofcheap goods are not yet ready to operate extensively, yetseveral agents report a fair-sized business up to the present time. It is as yet too early to show high-price fabrics, and until this is done it will be Impossible to properly gauge the market. Prices are being very closely watched, and owing to the situation of the raw material market, it is safe to predict that buyers will pay an unusual amount of attention to the quality of the fabrics offered for sale. The question of the probable relative popularity of woolens and worsteds is responsible for a good deal of discussion, and in some quarters it is believed that there will be a strong reaction in tavor of the former. This is based to a great extent on the fact that woolena of all grades can be produced at a relatively cheaper cost than can the same grades of worsteds. As far as colors are concerned, it is already evident that grays will be extremely popnler. The heavy-weight season Is ending but re-orders continue to be received, and it is expected, that before the buying is completed prices will be again advanced. Dress goods show little change from last week, and business on the whole continues satisfaotory, shown FoREiGx Dry Goods.— Imported dress goods continue to fair quantities and the volume of business is be ordered in satisfactory to importers. Linens are slow, the season being now practically over. Silks are in fair request but ribbons are quiet. Burlaps are firm and prices have been slightly advanced. Importatlona and l¥areIioase W^ltbdra^vala of Dry Good* Thelmportationsand warehouse withdrawals of dry goot's at this port for the week ending June 22, 1905, and since January 1, 1905, and for the oorresponding periods of last year are as follows: 5 1904. 1905. Week. Since Jan. Oreat Britain. ..... ... Other £aroDean. ............ China... India 98 17 Arabia... ............ ......... Africa W68t Indies. ............ Olexloo. .............. ........ Central America............ South Ainerl(5a...... ........ Other Conntrles ............ 1)2 573 1,237 436 1. Week. Since Jan. 640 18 35 2 1 354 461 33,596 4,264 67,009 8,571 12,493 5,160 ""s 13814 4S0 11,4'^3 333 18 9,060 28,134 9,337 242 1 1. .^64 844 4,537 9,372 1,097 6.795 26,127 7,767 B t M m .... 3,088 155,993 l,f40 105,793 New York exports since Jan. 1 has been of these |8,303,3S7 in 1905, against $5,941,145 in 1904. The buying of heavy-brown drills and sheetings has not The value been heavy during the week, but converters have continued to cover their requirements in a moderate way. Prices remain very firm and there seems no probability of any reaction for some time to come, owing to the well-soldnp condition of the various lines. Converters have also been In the market for light-weight goods, and anything from 4 to 6-yard sheetings have been io good demand with continued scarcity few sales of 3'50 yard sheetin practically every variety, A ? 811k §: S: Si s; a, W : §: : : • B : ! I ! *< iliiii iiiii? iiiril * 1 V f^i • • . a , . 2 w : 1 . , . • . a : Cotton Wool MlfloellaneonB Manofaotnres 1 g , B% Qd»& 9 B? Pi . * b": • c • • i ! I 6. • T ! . a a liiiiT 9 ^ tM OO 05H- a w f tj'.© CO o 05 eoi-" ODCO 1 1 (fl W<<I O'l- QDCJIOCOCO M06WMM CCCOtOCOi^ w M MM M O M 00<10«005 <»v> <0 ta 05 o< OeS 05 C»M vX> OU<05<0« <i-aao5co 05i^«10JO «!)-• taco osV -JO «0 0)»o CO Vi'tfi M MMCCCOM MOSMtOO JOOMKllO. M M MWO5O0 00 <yoi ISVt o<v> z^<t to 00 00 051^ 1 #>06Ot4>3 1 O-^lf^OiC^ --osai^M CO CO CO » woo oto (»t^ MOO ^ O o w B 05 Pd o M M ^ 05»JC;<Mai5 1 exM <IM osV ooo ooo c;> coooocooo «aooco [^oaooo MMcoeoM loos CO co^ OOOlf^CCO w COCOMCOCO 05MOltO<l » <IM !m 1 '-J MO) ! p 50 «0po 05 "i^QoViV: CO CJlVCXIXkS lO CO 00 Tl B .r' o<^ MCO oco coot 'v) ex to to Kk'j. oo«k<ecn Weoasoo IOOJ-JCD<I COOiOCOOD ^ 05 t m H n p 00 05(9 t^ ooo <iv «oo3<to«a V <i ooo MQOtOatO to en Ol ^^MCncC» »l(^MOU< cx^Mcoto n «>. ii; se K- ^ > M XibC0 05tO W cx C7l|^tO<kO o cctOM^^x C«kXOM n c * <JI to H •• 05X»9twlf^ o «k X tOM M O 05 05 wwbtcb o tocotoxa€e X oc;i cxo — b bbtoooo CO ex to to 05 to ffl H ^^ 05 to tOAMXC^ 0>V>*'M<l ? 5 <Q •• ^ to O) 05 00 MO<i<ib Kk 00 - 05 "3 « M o^koao"-" >4tccoxo i.'^ t<:» o <C5 a* «Oio-ia>^ a -xi u< to C»05 ^^^^ % CO O CO liM<». CO -^ 1 oc 'JO , » cox — to Mo X ao ow W CQOOKi VI O CO 00 «k k: ft -J" a<iS!"WO i » t SS » 9 c cofe c ^ •-n teg: ?l - bq 5^ n 3D*.COBiiOVi(9 r ^ c« . r ^t-' ooooxx X tXtO<ltOffl> »oo.-o CO tcMoe o 1... p C7<051CmO O 1 5 c MCOXif^O M -^ MMC;' ifcM v M ooBaoo* a O Mp*pOC09B ^ 00 00 •7 s a c o_ ^ootc^o t o H B r M 00A50OM -J> r, ^ s i^ -r M o? s <y> MO^Cx«k -.» c Q& ?! 1 *-4 <x> -x) f KS*. ^M W «3M MMtOOSM O05 c -<1 t^UCD^t^ 1 ' cox cooM<»o5-«e ?^ • to 00 oc coo ~3tOvJOX OO tOM 05 to K- 'Jl ^ V f o M *^Vi V> O «J 05 ~1 M aao 00 05 05 f^>^ « ^M MMMca<o o» K)Vj«C0O o - ^ y<-ji r> Oj *> ^^ tso a to Cd». «-o« MM M l» 1^ ^ o» CO C 1 fJS wo — MOO ObO tS^t' U> t-ifi-if o tOMMM oeMMCcto coo<tcio OOD 905 05 03M — M OICO M — O ta lb 00 CO 05 CO Ota OOOMta M woo ^oaviOKi cota eoMWOi^ M 1^00 <CtCCO»l» «k. i-O ^ 00 fOM M M o 05 «. O »1 OiO <IX*.C0 05 o CO~Ji V to 00 CO*-J ^M MAXOSTl 00 MW as pr i 00^ MM I^ODOOmO n 1 1 05 DC ^ MM M Ol-J <J !-• a 0<M mVi oio tOM » 05 V 00 -J 00 CO X -J H M K CO H w o MOi^fccoa 09 OOM05O X 05 05^05 05 B O M kOXl^M »3y< ^3 ca M ^ OltOMMM cuts 'OCO 00 ooscuwo «^CK005 o'a COA oco CO «J ODM M X CXWXOM o Ob b'toco'coo 00 cacx Ott^^tOCD a o OO MtOMC0 05 ocif.. 05 <a to «>• cooo CO MM Mweewco — MfcS05 0g-.J too K '6 ®212J;'? C^OOOStO wot OJ M Z^tOfV^ oo*. CO <0 Total..... fssgll g 9 If^ Wbw Yobk to June 19. 2633 S S M t. ( * to o ^ — — : THE CHRONICLE 2634 gti^TE /^w City D^f^WMtfiT. Index. 4^^ conpon bonds (series E). Denomination, $500. Date, June Maturity, $2,000 yearly on June 1 from 1924 to 1928, inclusive. Items. Miuneapolis.— iVew Systemof Accouiiti ng.— M-bbstb. Jones, Co., certified public accountCaesar, Dickinson, Wilmot ants of this city, have recently completed a report on the finances of the city of Minneapolis for 1904, based on a system of accounting previously instituted by the firm. This report has been published and copies of it are obtainable upon application to Joshua Rogers, Comptroller of Minneapolis, or at the auditing concern's oflfices at No. 54 William Street. The arrangement of the general balance sheet is, it is believed, the first example in this form of such a statement ever presented by any city in the United States, The general revenue and expense account sets out the revenues and expenses classified to the various functions of the city administration in accordance with the plan adopted by the CeDBUS Bureau and National Municipal League. The financial statement of funds, statement of expenditures, fund revenue and expense accounts and appropriation statement, given separately, are very comprehensively arranged. Co. accepted the Messrs. Jones, Caesar, Dickinson, Wilmot contract in November, 1903, to reorganize Minneapolis's en- & & accounting and bookkeeping system and establish its finances on up-to-date and sound business methods. We look to other important cities to follow the example set by Minnetire apolis. Pittsbnrgrh, Ta.—Conscliiation Enjoined.— On June 22 Justice Mestrezat of the Supreme Court handed down an opinion declaring unconstitutional the Act of the Legislature passed April 20, 1905 (known as the Cook bill) providing for the union of the cities of Allegheny and Pittsburgh, and issued a perpetual injunction enjoining such consoiidation. The Act referred to was to become effective only after both The Supreme cities had decided upon it by popular vote. Court holds that this law is special legislation and violates Article 8, Section 7, of the Pennsylvania Constitution, WisconsJu. Legislature Adjourns, After being in session twenty-three weeks the Legislature of this State, on June 21 at 12:10 o'clock, adjourned sine die. , — Sond Proposals and Negotiations who offered a premium of $176. AnbDrn, Me. Bond Offering, Proposals will be received until 3 p. M June 27, by A. C. Sprague, City Treasurer, for — — , the following securities: $15,000 3}4% municipal refundingloan bonds; denomination, $500, and $58,000 33^^ municipal water-loan refunding bonds; denomination, |l,000. Both issues are dated July 1, 1905, and interest is payable semiannually. Securities will run 20 years. Present bonded debt, $307,200. Assepsed valuation, $6,610,030. Ballard, Wash.— Bonds Voted— Bond offering. We are advised that the vote cast at the election held May 27 for the issuance of $75,000 gold coupon funding bonds was 105 to 32, and not 99 to 86, as stated in last week's Chronicle. Proposals will be received for these bonds until 5 p. m., July 11, by J. Murdoch, City Clerk. Danomination, $1,000, Ddte, Aug, 1, 1905, Interest, at not exceeding 5^, payable semi annually at the Washington fiscal agency, New York City, Maturity, Aug, 1, 1925. Certified check for 2^% of the bid required. Parchaser to furnish blank bonds. Baltic (80. Dak.) School District.— Bond Sate,— are advised by an official of this district that the $2,500 building bonds mentioned in V. 80, p. 2474, will not be offered for sale, as the money has been obtained from the State School Fund — We at 5;^ interest. Me.— Bond Sale.— It is stated that the $500,000 i% 80-year refunding water bonds described in V. 80, p. 2474, have been awarded to Merrill, Oldham Co. of Boston, Bangor, & Bethany, Harrison County, Mo. —Bond SaZe.—T bis city recently awarded, according to local reports, $2,500 ho^e-house and $8,500 water-works 5^ bonds to the Little & Hayes Investment Co. of St. Louis for $363 premium and lithographed bonces. Bolivar (N. T.) School District.— Bond Sah,—Oa June 19 the $25,000 1-25 year (serial) school-building bonds, described in V. 80, p. 2414, were awarded to S. A, Kean, Chicago, for $25,625, Bonds are dated June 5, 1905, Bostoa, Mass.- Bond i?ale,—Oa June 20 the four issues of 3}4i bonds, aggregatiog $3,90D,O00 (described in V, 80, p, Co,, Harvey Fisk 2474), were awarded to Blake Bros. Sons and Farson, Leach Co, at their joint bid of 100'217. Following are the bids: Mackay & Co lOO'll Blake Bros. & Co., Harvey Flsk H Offering, — Proposals be re Alliance, ceived until 12 m., July 13, by Cbas. O. Silver. City Auditor' for $10,000 ^% water-system improvement bonds. Ddnomina* tion, 1.000. Interest from July 22. 1905, semi-annually at the City Treasurer's office. Maturity, July 22, 1925. Certified check for|l,000 payable to the Treasurer of the City of AlliBlank bonds to be furnished by the purance required. will chaser. Bond Offering,— As Ansonia, Conn. stated last week, pro- posals will be received until 12 m., July 17, by the City Clerk, for |70,000 i% school bonds. Denomination, $1,000. Date, July Interest, semi-annual. Maturity, $8,000 yearly, beginning July 1, 1908, Accrued interest to be paid by purchaser. Certified check for 2% of amount of bonds bid for, payable to the order of the Mayor and City Clerk, re1, 1905. quired. The official bond offering will be found among Department, Bonds Voted.— Thla town on June 17, notice of this the advertisements elsewhere in this AoBonTlIle, N. C— by a vote of 110 to 12, authorized the issuance of $10,000 5% 60-year bonds in aid of the proposed Winston-Salem SouthBound Railroad. Date of sale not yet determined. C— AnsonTllIe Townsbip, N. Bonds Foted.—This township, at an election held on June 17, voted in favor of a proposition to issue $15,000 6% 60-year bonds in aid of the pro- Winston Salem South-Bound Railroad. Ashland. Ohio.— Bond O/Terino.— Proposals will be ceived until 12 M., July lO.jby M. H. Kagey, Village Clerk, jected the following securities re- for : (14,709 00 636 Btreet-lmprovement bonds. Maturity, ttnt bond each _ —V, -v^ "*"'' 7,70D 00 5J street liuproveraeiit b )ii<l8. 1«05. Maturity, one bond each Denomination, tl.OSO. Date, Jalr 1. moiuhs beiflnnloK Mnr. 1, lHi)8. Denoiulaatlon, $550. Date. July 1, six months beKiuntnK Mar. 1, 19015. six Interest, semi-annual. Certified check for 5% of the amount bonds bid for, payable to the Village Treasurer, required. PurchaRer to pay accrued interest. Authority, Section 2385 of the RevlHed Statutes of Ohio. Aspinnall (Pa.) School District.— Bond Q/Terinflf.- Proposals will be received until 6 p. M,, June 29, by H. A. Stout, of Secretary of School Board, for the following securities, free of State tax: • 12,000 reRlBtorcd coupon bonds (series D). Dononilnitlon. $500. Date, April 1. I«05. Maturity, 1 bond on April 1 from 11)11 to 1»1H, Inclusive: 4 bonds on April 1 from ltfl» to 19Z2, Inclusive, and 8 bonds on April 1, l0«9. 4V(i« & & & I & Sousaud Farson, Leacli'&Co. 100*217 & Co. and R. L. Day Estabrook &Co 100-19 | I Lee, Higglnson & Co. and Blod100-08 get, Merritt & Co I Mo.— Bond 8ale,—Oa June 16 $15,000 4^ echool-building bonds were this awarded to the Farmers' Bank, Bowling Green, for $15,801. as follows Ohio.— Bond 1905' Interest semi-annually at the Commercial National Bank, Pittsburgh. Certified check for $500 required. Astoria, Ore.— Bond Sa/e.—Oa June 10 this city offered ",000 5;! bonds for sale. are advised that the best bid received was from Morris Bros. «fc Christensen, Portland, BowIi»i? Green School District, Pike County, week have been 1, We An index to all the news matter appearing in this Department for the period from Jan. 7, 1905, to April 15, 1905, Inclusive, wae published in the Chronicle of April 22, 1905, pages 1500, 1501, 1502 and 1508. News $10,000 [Vol. lxxx. Interest, semiDenomination, $500. Date, May 20, 1905. annually at the Mercantile Trust Co., St. Louis, from July Maturity, July 1. 1920, subject to call July 1, 1910. 1, 1905. Brady (Tex.) School District.- Bond S^aie. -The $13,000 4i 5-40 year (optional) school-building bonds described io V. 79, p 2759, were recently awarded to the American Security Co., C^dar Rapids, Iowa. Bond Saie.— Following are the bids reBarliJigtoD, N. ceived on June 15 for the $10,000 5;^ 30-year coupon elecfcriclight-plant extension boncis described in V. 80, p. 2232: $10,201 On Snasoneood & Mayer, Clnoin.$10,533 SO C. H. Coffin, ChloasfO W J. HayB»&Son», Cieve... 10,460 00 So. States Tr. Co., Charlotte. lO.lOJ 00 C. H. Webb &'Co„ Asheville. lO.lQO 00 Robinson-Humphrey Co.,;At10,365 00 F. L. Fuller & Co.. Cleveland. 10,000 00 tanta C— S. A. Kean, Cbicago 10,230 00 Canandalgna Union Free School District No. 1, N. T.— Bond Offering,— PtopoBa,\a will be received until 11 a, m., by Frank J, Sleght, Secretary of Baard of Eluoafor $80,000 i% school bonds. Denominatioa, $1,000, Date, Jan 1, 1905. Interest semi-annually at New York City. Maturity, $4,000 on Jan 1 from 1910 to 1929, inclusive. Certified check for $1,000, payable to Frank J. Sleght, Secretary of Board of Education, required. Purchaser to pay accrued interest. Securities will be certified to as to genuineTrust Co. The disness by the United States Mortgage Assessed valuation, $4,154,597. trict has no debt at present. Carbon Hill, Walker County, Ala.— Bonds Voted June 12 this town voted to issue $25,000 5^ 20year electriclight and water-works bonds. are adCarnegie, Pa —Bond Sale Not Consummated,— vised that the $50,000 4^ general improvement bonds awarded to Albert C. Case, New \ork City, on April 20, have been refused, the purchaser's counsel declaring the bonds illegal on the ground that the specific improvements for which they are to be issued are not mentioned. Carrollton, Ohio.- Bonds Defeated,—Thla village on June 17, by a vote of 63 to 113, defeated the proposition to issue $15,000 electric-light plant bonds, are advised that $7,600 Cedartown, bla.— Bond Sale.— Q% school-improvement bonds, awarded, as stated in last week's Chronicle, to the Robinson-Humphrey Co,, Atlanta, at 113'125, are in denomination of $500, Date, July 1, 1905, Maturity. July 1, 1930. Interest, semi-annual. Centralia(Mo.1 School Dislrlet,— Bonds Defeated.—T bis district on June 6, by a vote of 132 for and 183 against, defeated a proposition to issue high-school bonds. Ciacionati, Ohio.— Bond 8ale.—Oa Jnne 19 the $500,000 3J4« conpon terminal bonds described in V. 80, p. 1985, were June 24, tion, & —On We We —— June 24, 1905. THE CHRONICLE. i 2635 Certified check for to W. R Tcdd & Co., Cincinnati, at 100 125 and 20 years, subject to call after 10 years. $500 rf quired. Bonded debt, this issue, Assessed valuation, accrued interest. Following are the bids: W. R. Todd & Co.. Clncln... 1500.626 00 Third Nat. Bank, Clncln.... 1500.500 00 $1,059,860. 500,275 «0 Prov. Sav. Bk. & Tr. CcCln. 600.800 00 SeasonKOOd * Mayer, Cln. Eldon (Mo.) School District.— Bond Sale.— The $13,500 i% Clorerdale, Sonoma Con nty, Cal.— Bond! Election. —ThlB school-building bonds described in V. 80, p. 2357, were city on July 25 will vote on tne question of issuing $18,000 awarded as follows $10,500 to the Bank of BIdon at par for 41^ per cents and $3,000 to Franklin D. Harvey at par for 43^ sewer and $12,000 water bonds. Coahoma County (F. 0. Clarksdale), SLiss.— Bonds Au- per cents. S. A. Kean, Chicago, bid par for the whole issue thorized, The County Board of Supervisors has authorized of 5^ bonds, Elkton, S. Dak.— Bond 0#crinflr.— Proposals will be rethe issuance of the $100,000 5% highway-improvement bonds mentioned in last week's Chronicle. Denomination, |500. ceived until 8 P. M June 26, by O. W. Marshall, Town Clerk, for the following securities: Interest, eemi-annual. Maturity, 25 years, $9,000 6% water-works bonds. Denomination, $1,000. Date, July 1, 1905. InterSprlnj?8 School District, Kao. Samner County, Conway annual. Maturity, $4.ooo July 1. 1920. and $5,000 July 1. 1925. Bonds Voted Bond Offering.— This district has autnorlz^d 6,000 5%est, light-plant bonds. Denomination, §1,000. Date, July 1, 1906. Inter, annual. Maturity, $3,000 on July 1, 1910 and 1916. est, school-building bonds. Proposals the issuance of $7,300 5% for these securities will be received after July 1. DenominaA certified check for $900 required for the water works tions, 14 bonds for $5G0 each and one bond for $300. Date, bonds and one for $600 for the light-plant bonds. Purchaser Jan. 2, 1905. to furnish lithographed blank bonds. Covington, G&.--Newa Item,— In answer to our inquiry as Emer^OD, Pa. Bonds Defeated, This borough on June 18, to wnen the election mentioned in last week's Chronicle was by a vote ot 23 for and 128 against, defeated a proposition to to be held, the City Clerk writes us: "The issue of bonds is issue $10,000 sewer bonds. not a certainty by any means. It now appears that the issue Emerson (Neb.) School District No. 61.— Bond Sale.— On June 15 the 120,000 5% school house bonds described in V. 80, will not go before the people for ratification." Covington, Ohio.— Bond Offerina Proposals will be re- p. 2415, were awarded to the Bankers' Reserve Life Co., ceived until 12 M., June 26, by C. R. Carlton, Village Clerk, Omaha, at 105'875. Following are the bids : for $4,000 5% coupon water- works building bonds. Denomina- Bankers' Reserve Life CoTrowbridge & NIver Co.. Chl.|20,900 00 $31.075 00 Peters & Co.. Omaha 20,803 oO Omaha tion, $500 Date, April 1, 1905. Interest, eemi-annual. Ma- Albert 21.073 00 W.J. Hayes & Bons, Cleve.. 2i',E08 00 C. Case, New York 20.961 00 Chas. U. Coffln. Chicago. .... 80,354 00 turity, $500 yearly on April 1, from 1909 to 1916, inclusive. W. tt. Barkiey, Lincoln Certified check for $200, payable to the Treasurer of the vilEureka School District, flnmboldt County, Cai.— Bond lage of Covington, required. .9a/e.— 0a June 14 the $66,000 4t}4i gold bonds described in Crestline (Ohio) School District.— Bonds Defeated.—Th\s V. 80, p. 2333, were awarded to E. H. Rollins & Sons, San district, at an election held June 13, defeated the propo- Francisco, at 103- 634 and accrued interest. Following are awarded I .. I : — — — — — . sition to issue $25,000 high-school-building bonds. Crystal Falls (Mich.) School District.— Bond Sale.— We are advised tdat the $40,000 5% building bonds awarded, as stated last week, to the Iron County National Bank, Crystal Falls, at 101*25 and accrued interest, are in denomination of Date, June 1, 1905. Interest, semi-annual. Matur$1,G00, the bids : E. H. RolUna ^t^Francisoo N. . W.Halsey& & Sons, San $8«,390 00 Co., Chicago. 68.164 00 TheBank of Bareka,Eureka.$d7,801 Oakland Bank of Savings. Oakland 00 67,788 80 Date of bonds. July 1, 1905, Maturity, $3,000 yearly. Florence (N. J.)— School District— Bonds Defeated.— At a recent election held in this district a proposition to issue ity, June 1, 1930. $30,000 school-building bonds was defeated. David City, Batler County, Neb.— Bond O/eringr.— ProFort Valley, Qa,— Maturity of Bonds. We are advised posals will be received until July 1 by W. S. McCoy, City that the city officials have just decided to begin retiring the Clerk, for $3,000 5^ registered coupon park bonds. Author- $12, COO 6% electric-light bonds (the sale of which was reity, Section 6, Chapter 14a, Act 5 of Statutes of Nebraska, ported in the Chronicle of May 27) after ten years. They Denomination, $100. Date, July 1, 1905. Interest will, therefore, be lO-30-year (optional) instead of straight 1903. annually at the Nebraska fiscal agency. New York City. 30-Fear bonds. Bonded debt, including this issue, $29,000. Assessed valuaFranklinton (N. C.)— Graded School District— Bond Offertion, $406,000, ing.— Proposals will be received until 3 p. m., July 1, by R, Dedbam, Mass.— iVoie Sale— On June 20 the $10,000 45^ 1-5- B. White, Superintendent of Schools, or Citizens' Bank, year (geriai) street and engine-house notes described in V. 80, Treasurer of School Board, for $10,000 5^ coupon schoolp. 2475, were awarded to the Dedham Institution for Savings building bonds. Authority, Act of General Assembly, No. at 101*41. Following are the bids: Denomination, option of successful bid1031, Liiws of 1905. 100-72 Jackson & Curtis, Boston Dedham;institution for Savings, der. Date, July 1, 1905. Interest, semi-annually at place to 101-41 Jose. Parker* Co.. Boston .... 100-71 Dedham lOu'SO Parkinson & Burr. Boston. W. J.Hayea&Sons, Boston.... 100*876 suit purchaser. Maturity, July 1, 1935. Certified check for 100-789 R. L. Day 4 Co.. Boston $100, payable to the Citizens' Bank, Treasurer, required. The $20,000 tax note maturing Nov. 3, 1905, offer<^d at the Bonded debt, this issue. Assessed valuation, $830,520. same time, was awarded to Parkinson & Barr of Boston at Uaylord (Vil.). Sibley county, Minn.— Bonds Voted— Following are the bids: 3'31it discount. Bona O^ertng'.- This village, at an election held June 6, 3-31* 8-74« Blake Bros. & Co., Boston Parkinson & Bnrr. Boston 1905, authorized the iseuance of $9,000 5^ 10-year refunding Lorlng, Tolman & Tupper, Boa. 3-75X S-54S Joae, Parker & Co.. Boston bonds. Proposals will be received for these secnrities until Defiance Township, Defiance County, Ohio.— Bo?id Offer- 1 p. M., July 1, by the Village Council. Denomination, ing.— PiopoBaia will be received until 12 M Jane 24, by Geo. $1,000. Interest, annual. L. G. Becker is Village Recorder. A. Heatley, Clerk Board of Education, tor $750 Q% schoolUiassport School District, Alleghany County, Pa.— Bond building bonds. Denomination, $375. Date, Julv 1, 1905. Saie.— Oa June 19 the $20,000 A}4i coupon, tax-free school Interest annually at the office of the Clerk Board of Education, bonds described in V. 80, p. 2416, were awarded to W. J. Maturity, $375 on Sept. 15, 1906, and $375 on Sept. 1, 1907. Hayes & Sons, Philadelphia, at 105*64 and accrued interest. Purchaser to pay accrued interest. FollowlHg are the bids: Hayes & Sons. Phila... $21,128 00 Browne-Elllnwood Co.. Chlc.$ao,8B7 CO Devine (Texas) Independent School District.— Bonds Not W. J. Parker & Co., Boston. 21,124 30 Lamprecnt Bros.* Co.. N. Y.. 20,879 00 Jose, Scld.— The $8,000 5% gold coupon schoo.l- building bonds of- Declson, Prior & Co., Cieve., Lawrence Barnum &Co..N.Y. 20,876 00 2u,701 00 Boston.... 21,086 00 Chas. H. Coffln. Chicago and land fered on June 15, described in V. 80, p. 2415, were not sold, ai.oio 00 Well, Roth & CO.. Cincinnati. ao,660 00 S. A. Kean. Cbioauro proceedings. We in the election irregularity owing to some 20.978 00 J. P. O'Brien & Co.. Boston.. 20,600 00 B, H. Gay &Co.. Phila Un.afiuOO F. L. Fuller* Co., Cleve <:. Case. New York 20.600 CO are advised, however, that another election will be held AlbertTodd Co., New York. 20,020 00 James Carothers, Pittsburgh 80,252 00 & W. R. offered authorized they will be July 11, and if the bonds are Blendlve, Mont.— Bond i5ale.—The $45,000 water-works for sale in the near future. and $5,000 sewer 5% bonds which were offered on May 1 (for Donaldsonville, La.— JVo .4c«fo>i Yet Taken.— We are addescription see V. 80, p. 1254,) have been awarded to S. A. vised that no action has yet been taken looking towards the Chicago, at par. Kean, issuance of the $25,000 school- house and $31,00u water-works tilrand Forks, N. Dak.— Bond Sale.— On June 12 the $50,000 and sidewalk 5% bonds which were recently voted. funding bonds described in V. 80, p. 1986, were Dothan, Ala.— Bonds Voted— Bond Offering.— Thia city, at coupon to W. J. Hayes & Sons, Cleveland, at 100'9l4. Folawarded authorized of 150 to by a vote the election held June 19, 1, bids: lowing are the the issuance of $20, COO 5% SOyear water and light bonds. Pro- W. J. Hayes & Song (for 4^s)$.i0.457 00 O. H. Coffln (for 5s) $51,60100 fi0,064 00 S. A. Kean (for 5s) 61,2io 00 posals for these securities will be received at any time by R. A. C. Case (for 4^9) 51,078 00 R. Klevbolte A Co. (for iHs) 50,200 00 A. C. Case (for 5») W. Llsenby, City Clerk. VV. R. Todd* Co. (for4H3J.. 60,100 iiO Kane&Co. (for 6s) 60.665 55 61,680 00 Dowler Free Turnpike No. 51, Tan Wert County, Ohio. Well. Itoth & Co. Uor 3b) —Bond «aie.— On June 21 the $5,5C0 i}4i coupon road-lm Hammond, La. Bond Offering. Proposals will be reprovement bonds described in V. 80, p. 2476, were awarded to ceived until 8 p. M, July 20, by S. L. Powlett, Mayor, for the Van Wert National Bank at 100 272, accrued interest and .§30,000 5^ water and drainage bonds. Certified check for blank bonds. Following are the bids '6% of the bid required. Van Wert Nat.Bk., Van Wert.»$5,515 OO First Nat. Bank. Van Wert. »$5.507 00 Harrlsburg, Pa.— Bond Sate.— We are advised that the W. K. Toda* CcClnulu.... 5,«16 CO $218,400 d}/^i public-improvement bonds offered on June 20 *And blank bonds. Bond S'afe.- On June 20 the $10,000 30-year (described in V. 80, p. 2477) have been awarded to Dick & Dunn, N. Harrisburg National Bank and the Harrisfunding and light bonds described in V. 80, p. 2233, were Robinson, the at their joint bid of $196'56 premium. Trust Co. burg awarded to C. H. Coffin of Chicago for $10,157 and blank (P. O. Houston), Tex.— Bond Election.— Harris County bids the bonds. Following are held July 17 to vote on the qaeatlon of will be election An For 9 Per Cents. •$10.157 00 — I | I | I I , — J : I . I C— : H. Coffin, Chicago Chicago.... C..H. For 6!^ Per Cenxt. John Nuveen & Co., ChlcaKO. 10,160 00 * 1 1 II | .,„^„„„„ Beasonsrood& Mayer. GInoln. 110,428 00 Albert 0. Case. New Fork. .. 10.273 CO 10,V!50 00 8. A. Kean, Chioago And blank bonds. Edgar Sohoul District Ne. 12, Clay Connty, Neb.—Bond O^eriTifir.- Proposals will be received until 8 P. M. to-day (June 24), by 8. W. Christy, Secretary, for $21,0U0 4« school bonds. Denomination, $1,000. Interest, annual, Maturity, issuing $500,000 4% 10-40year (optional) court- house- building bonds. Interest, eemi-annual. Bond Harrison (N. Y.) Union Free School District No. Sate.— On June 3 at public auction $9,000 school bonds were awarded to the Home Savings Bank, White Plains, at par for 370 per cent. Dencminatior, $1,000. Maturity, $1,000 yearly on Jan. 3 from 1906 to 1924 inclusive, 2— ' THE CHRONICLE. 26 JC HarTard (Neb ) Scbool Disxrlct.— Bond Sale.— Oa May 1 4K^ echool bonde, mentiODed in V. 80, p. 2177, were awir ied to \V. E Berkley Jr., L'ncoln, at par. DenooalnaDate, June 1, 19C5, Interest, semi-annual. Mat:oE, $100. turity, June 1, 1915, eubj-ect to call at any time upon 10 days' the $5,000 notice. Him W N. Halsey [YOL. LXXi. & Co., Chicago, Blake Bros. & Co. N. Y $156,825 00 and Merrill, Oldham 4 Co., Parkinson 4 Burr. N. V 166,45000 Boston ..$150,813 00 Union Nat Bk., Kan. City.. 15d,375 00 E. H. R. Uins & Sons Chic. 156,3S5 tO nlodtcei. Merrnt*Co., Bo«. 156,294 00 H. P. WriKbt luvestLLOnt KarsasCity Life Insurance Co., Kansas City 167,887 66 Co.. Kansas Ciy 156,CCOO0 MucDonald, McCoy & Co., National Bk. of Commerce, Chtcago, and Beasonpood Kansas City 155,80000 & Mayer. ClnoiDBatl .. 157,75100 Amer. Nat Bk., Kan. City.. 154,510 00 Kountze Bros., New York... 167,700 Ou W. K. Todd & Co.. Cincin.. 151,600 00 N. Harris & Co.. Chicago 15'',3U6 uO Fidelity Tr. Co., Kan. City.. 1S1,600 00 R. Kleybolte&Co., Cincin.. 157.067 50 W. R. ("ompton, Macon Ciiy W. J. Hayes & SoiiB, Cleve.. 166,955 00 (for |lO,Ot.O) 41,885 00 . . Free Turnpike No. 48, Tan Wert Coanty, Ohio.— W Bond Sale.—Oa June 21 the $2,800 i}4^ coupon road-improvement bonds described in V. 80, p. 2477, were awarded to the Citizens' Bank, Spencerville, at par, accrued interest Laftilirttle, Campbell Coanty, Tdua.— Bonis Authorized. and blank bonds. A liae bid was received from tha First —This city bag autharlz >d the ism^tnce of $160,000 bonds for National Bank, Van Wert. the erection of a lighting and water plant and lor a telefladdon Coanty (P. 0. Jersey City), N. J.—Bond Offering. pb' ne system. L^iig<l0iJ, N. Dak.— Bond Sale.~Oi Juae 15 $10,C0) 5jf re—Proposals will be receivad until 4 P m., Jaly 6, by the funding bonds were awarded to U. M. Stoddard & Ci., Board of Chosen Freeholders, for $750,000 4;? gold coupon re- Minneapolis, at 102 05. Djnomination, $1,000. Dite, July funded-war-/enewal bonds. Authority, Chapter 174, Laws 1, 1905. laterest, semi annual. Maturity, Jaly 1, 1935. Lebanon, TenD.—J^/ectio 1 Njt Hild.—We are adviaed of 1905. Date, Aug. 1, 1905. Interest, semi-annual. Maby an ofificial of this town that the election set for turity, Aug 1, 1935. Certified check (or cash) for $7,500, Juoe 10 to authorize the issuance of $10,000 water- works drawn on a national bank or truat company, payable to the DODds did not take place, the call having been canceled. order of Stephen M. Egan, County Collector, required. Lisbon, Ohio.—Bond Sate.— On Jane 19 the $7,CO0 5% The official notice of this bond offering will be found coupon refunding bonis described in V. 80, p 2478, were awarded to W, R Todd & Co., Cincinnati, at 108 and acamong the advertisements elsewhere in this Department. '!ru^d interest. Following are the bids flnmboldt, Tenn.—Bonds Voted.— Oa June 16 this city, by W. R. Todd & Co.. Clnoln $7,660 on W. J. Hayes & Sons., Cleve.. $7,293 00 : a vot« ot 73 to 5, authorized the issuance of $12,000 school bonds. Indianapolis, lad.— Bjnd Sale,~Oa June 20 the $45.0C0 B}4% 2J-year refunding bonds described in V. 80, p. 2416, were awardtd to J. F. Wild Co., Indianapolis, at 103-04. Followiag are the bids J. F. wild* Co., Ind'apoll8..$46,3ft8 00 Newton Todd. Indianapolis. .$t5,OflO 00 K.D.BuBh & Co..lndiHn'ils. 46.850 00 E. U. Rol. Ins & Sons, Chic .. 46,31950 & : I . Marion Trust I Co.. Indiau'lis. 46,208 25 Co., Cincin. . . 4t),102 00 W. R.Todd & Co, i Cincinnati. 46,150 uu & Irouton, Ohio.— Bond Offering. Proposals will be received until 12 M July 1, by F. A. Rjss, City Auditor, for the following securities B. Kleybulle | — Oamnreobt Bro8.&no.,01eve. People's Sav.iL. As.Co.,Lis'n . Maturity, |400 on Aug. 1, 1906, and $800 yearly on inclusive. Certified check for annual. Aug. Clucin,, 7.160 00 Oberiin Bank Co., O merlin, at 100*96. Denomination, $1,000. Date, June 10, 1905. Interest, semi-innual. Maturity, $4,000 on Jnnj 10, ly06, and $3,000 on June 10, 1907. Lovfell, Mass. Temporary Loan, Thiscityhas negotiated a loan of $50,000, in anticipation of taxes, with Bond & Goodwin of Boston at 3'50sf discount. Loan to mature Nov. 6, — — 1905. McKinley (Minn.) School District No. 18.-Bjnd OJerwill be received until 12 M June 26, by W. : 1, 1905. Maturity, $420 jeaily on June 1 Ir.^m lt96 to iyi5, iaclnslve. Interest eezul- annually at the ofiflee of the City Treasurer. Accrupd interest to bw paid by purchaser. Authority, Section 95 of the Municipal Code. Certified check for $100, payable to the City Treasurer, rf quired with bids for each Iseu ). Isanti Connty (P. 0., Cambridge), Minn.— Bond Offering. —Proposals will be received until 2 p. M July 11, by T. (J. Blomgren, County Auditor, for $5,800 5% Wyanett Ditch No. 2 bonds. Authority, Chapter ;258, Laws of 1901 and several Acts amendatory thereof. Denominations,! bond for $4)0 and 9 bonds for $600 each. Ddte, Aug. 1, 1905. laterest, & Mayer, Lorain Comity (P. 0. Lorain), Ohio -Bond Sali.— On Jane 10 16,000 5^5 infirmary-repair bands were awarded to the , $9,100 6^ ecu ion street improvement bonda. Denomination, $ no. Dite.June 1,1903. Matnrltv, 1*10 yearly on June 1 from li*06 to 19 15, inclusive. 4,200 6* coupon street improvement bonds. Denomination. $420. Date, June Seasonaood 7,457 80 7,iZ0 00 I 'ig'.— Proposals , P. Chinn, Clerk, for $5,000 5% scnool bonds. Date, July 1, 1905. Denomination, $1,000. Interest, semi-annual. Maturity, $1,000 yearly on Jan. 1 from 1906 to 1910, Inclueive. McMinuTllle, Ore.— iVb Ac'ion Yet Taken.— are advised that no definite action has yat been taken looking towards We r.he issuance of the $80,000 5^ water-plant bonda voied last April. Manistiqie, Mich —Bi is. —Following are the bids received June 12 for the $125,000 5% water-works and sewer bonds awarded, as stated l*»8t week, to Rudolph Kleybolte Co., Cincinnati, for $128,512. & R. Kleybolte & Co., Cincin.. 1128,612 00 A. Kean. Chicago 131,25 00 Browne-Ellinwood Co.,Chio. 130,787 00 G. H. Coffin. Chicago 130,01100 8. Sec. Sav. 1, from 1907 to 1915, $300, payable to the Treasurer of Isanti County, required. Islip (N. Y.) School District No. 2.—Bjnd Offering.— Propoeals will be received until 8 p. m., June 29, by WlUmirlh Hdff, Clerk of Board of Education, for $11,500 4i school bonds, Denomination, $1,000. Interest, annual. Maturity, part yearly on Nov. 1, beginning in 1906, 127,!i27 50 First Nat. Banii, Manistique 127,no ) E H. Rollins & Sons. Chic... 126,88i Well, Roth & Co„ Clnoln ... 126.614 W. J. Hayes & Sons, Cleve.. 126.i6o 00 intereet. are tbe bids JsHpor Connty (P. 0. Rensse^a r), lud. --.Sond Offering.— Oa Jaly 6, at 1pm,, the Counly Treaturer will off jr at public First Nat. DenlBon, Prior & Co., Cleveland and Boston » And Bk.ATr.CcToledo.f 125,990 00 JohnNuveen ACo.. Chic... Snltzer & Co.. Toledo H. W. Noble & Co., Detroit. 125,900 00 125.840 Oo 125,676 00 l.araprncht Bros &Co.. Cleve 125,591 ro F. L. Fuller & Co., Cleve .. 125,26100 t^arson. Leach & Co.. Chic.. 185,104 00 ) W R. Todd& Co., C ncin...*126,00J00 Mer8ereau(for$ '5,000) 77.000 00 Manistique Bk. (for JoO.OOO) 60,000 CO On 00 00 C. B. Interest. MansIleld(Towa), ^a&&.— Bonds Author iz d.— This town Jaebsonviile (Village), Ohio.— Bond Q^fertngi.- Proposals has authorized the issuance of $7,000 4j coupon municipalwill be received until 12 M, July 17 by W. C. Hilt, Villige light-loan No 3 bonds. Denomination, $5)0. D.ite, June 1, Clerk, for $9C0 &i public building bonds. Authoritv, aa Act 1905. Interest semiannually at the First National B ink, of the General Assembly of Ohio passed April 30, 1903. D.> Mansfiald. Maturity, June 1, 1935. nomination, $100. D^te, Jane 1, 1905. lateresf, semi-annual Marble C iff Schojl District, Franklin County, Ohio.— Maturity, $100 yearly on Jane 1 from 19 ;6 to 19i.4, iocluslvd. Bj»dSa/e. — Oa June 21 the $6 0(0 5% school-building and Certified check for 10^ of amount of bouds bid for, payable to site bonds described in V. 80, p. 2359, were awarded to the the Village Treasurer, required. Purchaser to pay accrued New First National Bank, Columbus, at 103'391. Following auction the followlBg securities f 15,000 : Hang'ucr Grove TownehipGravel Boad bonds. m% Matnriiy, Jl.hOO yearly on Jan. 1 f.-cm 1907 ti, Denomination, $500, 19i6. inclu^ive. 4^1 Gillam TnvFnshlp Gravel Road bonds. Denomination, *500. Maturi'y,$.-,i()o yearly on Jan. llrom 1907 to 1915, inclusive, and $l,iOO on Jan. 1, 1916. Date, July 1, 1906. Ijterest semi-annually at the State Bank of RenttBel^ker. Aathority, Act of 1901, page 449. "The Buccesalnl bidder for each issue will be required to make immediate rJepoelt of $1,000." Jewfclt CiLy (Boro.), Cona.— Bond O/enV^g'.— Proposals will bft received until 12 m July 10, by Ira F. Lewis, Borough Warden, for $.30,000 SJ^'i; coupon refunding bonds. Denomination, $1,0C0. Di,te, Jaly 1, 1905, Interest, semiannuttll'^ at the Tnauies National Bank, Norwich. Maturity, 19,600 . July •' 1, 1935. Jones County (P. 0. Ellisviile), Miss.-Bo .d Offering.— Proposals will be received uutil 12 m., July 8, for $20,000 5<r coupon road and bridge bonds. Authority, Section 812, Code of 1892 of Miss. D. nomination, $500. Interest, annu illy at the D jtroit Trust Company, D jtrolt. Ma urity, $1,000 yearly on July 1, from 1910 to 1929, inclusive. Certified check for $1,000, payable toR, L. Qirrick, County Treasurer, reqaired. We are njt informal as to whether this is the same issue reported sold on May 8. Kijgston, Ont.—D^b miure Sale.-Oa May 25 the $82,000 i% light debentures described in V. 80, p. 1987, were awarded to H. O. Hara & Co. for $-^2,025 and accrued interest. Kansas City, JILo.—Bond Sale.— On June 19 the $150,000 coupon park and boulevard bonds described in V. 80, p. 2858 were awarded to N. W. Haleey & Co. and Merrill, Oldham & Co. at their j ilnt bid of 105 931 and accrued interest. Following are the bids H : New : IstNat. B'k. Columhns. $8,203 60 Bank, BarnesvlUe. 6.101 00 I 8. A. Kean, Chloago 16,066 00 | Maturity, one bond yearly. Pa.— Bjnd Saie.— Following are the bids received on June 21 for the $30,000 4^ refunding bonds described in V, 80, p. 2417: Mei^dvilli), H. Reitte ;f ir2n bonds) 110,185 J. H. Shea (for6 bonds) M. 4 A C. i^urry (forBbonds).. 4,590 Henry Haas (for 4 bonds) Geo. S. Cullum (forS bouds) ... 4,340 J, Marhoefer (for 3 beads) M. H. Reefer (for d bonds) 4.100 John Schnetz (for 2 bonds) J. I | | I Medicine Hat, A»m.— Debenture Suli.-Oa June f.'?,045 2,080 1,536 l,'-'20 19 $12,000 natural gas, $10,0C0 water works, $'dO,OCO municipal building and $2,600 gas and water plant purchase 5% debentures, dascribed in V. 80, p. 2234, were awarded to -<Emilius Jarvis & Co.. Toronto. Meeb«r, Kio B]att'.;o County, Colo.— Bond Sale.—Oa May 1 the 450,000 6i gold coupon waterworks bonds described in V, 80, p. 1497, were awarder} to P. P. Ford at pir. Miles City, Mont —Bonds Not Sold— :> bids were received June 15 for the $L0,0lO 4^ city water improvement bonds described in V. 80, p. 2234. Securities will be re-advertised, N Milford, Conn —Bond Oi^eringr.- Further details are at hand relative to the offering, referred to in last week's Chronicle, of $18,000 d^f, coupon refunding bonds. DaInterest semi-annuDiite, July 1, 1905. Matarity, July 1, 1925. Bjnded debt. Including this issue, $75,500. Assesed valuation, $3,755,127. The official notice of this bjnd offering will be found among the advertisements elsewhere in this Department. Milwankee, Wis.— B -nd O^erinfl'. -Ptoposals will be received until 10 A M., July 12, by the Commissioners of the Public Debt, City Comptroller's Offic?, for tue following securities: $120,000 school, $100,000 dock and dredging, $100,000 nomination, $1,^10 ally at Milford. '. — June — —— THE CHRONICLE. 21, 1905.J d-^p^rsment and $50,0C0 police-departAll these securities carry i% interest and will run for an average of lOJo years from July viaduct, $95,0C0 1905, Mineral Ridge (Oh'o) School District.— Bonds Defeated. district on June 8, by a vote of 24 to 26, defeated a —This proposition to issue school repair bonds. Miuier School Diatrl t, T^zeweill Co., 111.— Bond Sale.— 0-1 June 1 the |9, 000 4>^ registered bonds described in V. 80, p. 2234, were awarded to S. A. K3an, Chicago, at 100 10. Moberly, Mo.— Bond Sale.—O^ Jane 15 $30,000 i% refunding bonds were awarded to the Mercantile Trust Cj., St Louis, at 100'53. Denomination, $')0a. Date, July 1, 1905. laterest, semi-annual, Maturity, July 1, 1915. Mvtblli, Ala —Bond Q^eringr.— Proposals will be received uutil 6:30 p. M., July 15, by Patrick Q. Lyons, Mayor, for the |2 003,C0J 4!t gold coupon refunding bonds offered but not sold on June 1. Donomination, $500. Date, Jan. 1, 1903. laterest, semi annual. Maturity, Jan. 1, 1936. Monrovia, Cal.— Bond 0#erinflr— Proposals will be reCbived until 7:80 P. M., July 3, by L. E. Hjtchkiss, City Clerk, for $2,0C0 library, $2,000 fire apparatus and $5,000 waterworks (series No. 5) 5,i bonds. Djoominations, $200. Date, June 1, 1905. These issues were voted at an election held April 19; see V. 80, p, 1749. Certified check for 10^ of the amount of bid required. Monticello, Jumper Co., Ga. —Bonds Fo^ed.— This town on May 30 author iz id the issuance of $30,000 electric-light and water bonds. Mon1r.;a1, (^neliec.— Debenture 8ale,—0a June 12 $300,COO 4j gold school building binds were awarded as follows: $170,000 to R, Wilson Smith Co. at 102-07 and $30,000 to the Trafalgar lostitute, at 103'50. Denomination, $ ,0C0, Date, Jan. 1. 1906. laterest semi-annually at the City Treasurer's cffije. Maturity, Jan. 1, 1935. = & Muo.estowu (Pa ) School District. Bonds Authorized.— This district on June 20 authorized the issuance of $30,000 Bchool-bnilding bonds, Morehead (Lity, N. C.—Bond OJ'eringf— Proposals will be rtceived until 8:30 p. m. July 3 by Stacsy W. Wade, Secretary and Treasurer, for $15,000 5^ coupon bonds. DaDomicaDae, July 1,1935. laterest semi-annually at tion, $1,000, Morehead City. Maturity. July 1, 1930. Certified Check f ,r $250, payable to Stacey W, Wade, Secretary and Treasurer, required. No bid at less than 105 will be considered. Assessed valuation, $^8,000. Morgautou, N. C— Bond 8ale.—0a June 12 the $12,030 5% sewerage bonds recently voted were awarded to F. L. Fuller & Co., Cleveland, at 101. Date, June 1, 1905. laterest, semiannual. Maturity, June 1, 1945, Morton Couiity (P. 0. Mandun) N. Dak,— Bon J Sale.-O^ June 5 the $31,000 A}4% refunding courthouse bonds described in V. 80, p. 2235, were awarded to F, E. Magraw at 101 '467. Morveu Tuwuship, N. C— Bonds Fofed.— This township, at an election hsld Jane 17, voted in favor of a proposition to iesue $10,000 5% 50-year bonds In aid of the projected Win- ston-Salem South Bound Railroad. Monut Carmel, Pa.— Bond.s Authorize i.— At a meeting of the Borough Council on June 6 an ordinance was passed which authorizes an issue of sewer bonds. MonntYernoj, N. Y.—Bond Sale.— Oji June 20 the $59,000 i% refunding bonds described in V. 80, p. 2481, were awarded to W. J. Hayes & Sons, Cleveland, for $60,889. Proposals will be received Masbaa, N. R.—Bond Offering until 2 p M., Juae 28, by Wm. E Spaulding, City Treasurer, for $10 OCO 33^? coupon school-house bonds. Danominatlon, Date, July 1, 1903, laterest, semi-annually In Boston $1,000. or Nashua. Maturity, July 1, 19i5, Mashville, Tenn.—Bond Election. An election will be held June 29 to vote on a proposition to issue $500,C0J 4>^$ streetimprovement bonds, maturing, July 1, 1935. Bonds Authorized.— The City Council, on June 8, passed an ordinance authorizing the issuance of $300,000 higli-school building bonds. It is stated that the question of issuing these securities will be submitted to a vote of the people in October. Nevada, Mo. Bond Election. An election has been ordered for Jaly 5 on a proposition to issue $90,000 water-works bonds. — — — New Hampshire.- BandSaZe.— On June 22 the $200,000 83^* coupon Stttte H )8pital bonds described in V. 80, p. 1988, were awarded to N. W. Harris & Co., Boston, at 102-619. Following are the bids 102-6l» K. W. Harris & Co., Boston Farson, Leach & Co., Mew Tiork.l02U18 : 101-349 R. L. Day & Co.. Boston Blodcel, Merrltt & Co., Boston. 101*71 lol-13 Oldham &. Co.. Bo8ioD,10r9^« Kountze Bros., New York lOl'iS E. H. Kollins 4 Sens. Boston. ..101-H87 Kstabrook & Co., Boston Had New SnoreLam (lown), H. l.—B,n * El.cHon town meeting was called on Juae 19, in Block I-iland, to bring before the voters the question of issuing $172,500 funding bonds which were authorizad by the QjU'eral Ajsembly at its last sessloa. O ,ving, however, to the fact that there are two factions of voters in the town and intense rivalry between them, there was such a disturbance that the vote could not be taken, It is stated that three meetings have been called on the same question in the last two months. Norfolk County, Ulans.— Temporary Loan. —On June 20 this county awarded a loan of $lOO,000 to George Mixter of Boston at 8 6C^ interest, payable semi-annuiUy. L:)an to mature July 1, 1906. The only other bid rpceived was from eg, Tolman Tupper, Boston, who otfered 4 25^ Interest, payable at maturity. Merrill, 1 I I A Lr & Nt 2637 North Bergen, N. 3.— Bonds Toted,— This town on June by a vote of 507 to 126, authorized the Issuince of $5J,000 fire ment permanect-repa'r bonds. 1, —— 20, town-hall bonds. Nt.rth Fort Wortii (Tex.) School District.- Bond 6ale.— Oj Jane 10 the $23,000 school-building bonds mentioned in V. 80, p, 1194, were awarded to W. E Decell, Chicago, for {23,450. Norwooil, Ohio.— Bonds Authorized.— The City Council has passed an ordinance, providing for the issuance of $.2,000 4% street- extension bonds to run twenty vears. Norffood (Ohio) School District- Bo?id Sa/e. —The $26,000 i% coupon Marion St. School- building bondd described in V. 80, p. 1988, and the $26,000 4?^ coupon. Williams Avenue schoolbuilding bonds described in V, 8), p. 1934, were awarded on Jane 1 to the Western German Bank of Cincinnati at 103, Ogdenaborg, H.Y.— Bond Sale.— O^ June 23 the $20,000 S}4'i coupon school bonds desoribel In V. 80, p. 2479, were awarded to Kelloga: & Mulligan, Ogdensburg, for $20,125 and accrued Interest. Following are the bids : KellogR & Malllffan, Ogdensb'g. $80,125 First Nat. Bank, Gouverneur... $20,000 | O^densb'K Nat. Bt.,10gden8b'K. 20.0«3 | Okanogaa Conaty (Wasli.) School District.— Bonds Ao£ Sold. —Proposals were asked until June 5, by the County Treasurer, for $2,000 5% bonds of School District No. 43. are advised that these securities have not been sold. Oneida, N. Y. Bond Offering.— PcoTposala will be received until 12 M., Jane 28, by C. M. Ruggles, City Clerk, for $3,559 47 paving and $331 47 sewer 4% bonds. Authority, Section 5, Chapter 225, Laws of 1901; Section 5, Chapter 273, Laws of 1934. Denomination, one-tenth of each issue. Date, June 1, 1905. Interest annually In New York City or in Oneida. Maturity, one bond of each Issue on Juae 1 from 1906 to 1915, Inclusive. Bonds will be made coupon or registered at option of purchaser. Certified check for 10^ of bid, payable to the Chamberlain of the city of Oaeida, required. Bondi Voted and Defeated. The election Jane 9 on four bond propositions resulted as follows: We — $13,800 i% l-lO-year (serial) Madison and Williams street bands. Carried vote of ;i4t to I3<i. 4,000 4S5 ll"-year (serial) Chestnut and West street bonds. Carried vote of MS to 180. 1«,000 i% street bonds. Defeated by vote of 1S7 to 226. 20,093 i% additional reservoir bonds. Defeited by vote of 178 to 195. by by Ozirk, Chri:)tian County, Slo.—Bjnd :iuce,—Oa June 20 $8,503 5% 5-30-year ( >ptional) water-works and sewerage nonds were awarded to the Blackburn Investment Co. for Danominatlon, $500. laterest, semi annual. $8,525. Fierce Coanty (Wash.) School District No. 88.— Bond SaZe.— Oa June 10 $7,000 4}-^% school-building bonds were awarded to the State of Wasnmgton at par. Denomination, Date, June 10, 1935. Maturity, Juae 10, 1912, subject $500. i;o call after 1 year. N. Y.—Bond Offering— Pcopostila will be rementioned la V. 80. p. 2479, until 3 p, m. June 25, by the Board of Public Works, for *50,000 d%% 20-vear registered reservoir bonds. Denomination, $1,000. Date, July 1, 1905. Interest, semi-annual. ^Bondeddebt, excluding this Issue, $186,600. Assessed valuation, $1,683,650. Actual f lattsbarg, ceived, as valuation, $8.250,0 :0. Ponca, Dixon County, Neb.—Bond Sate.— On June 1 $6,000 6% lighting bonds were awarded to the Security Bank of Ponca for $6,061. Denomination, $1,000, Date, July 1, Maturity, July 1, 1935. 1905. Interest, annual. Fort Carliog (Yillaipe), Ontario.— Z)-6entMre Offering. Proposals will be received until June 26 by F. D. Stnbbs, Clerk and Treasurer, for the following securities: $2,000 5% town-hall and $1,500 5% school-house debenturea. Maturity, part yearly for 20 years. Port Henry, N. Y.—Bond Sale.~Oa Jane 12 $35,000 village-hall bonds were awarded to I.-aac W. Sherrlil, Poughkeepsle, at lOl-ll for .S85 per cents. Denomination, $1,400. Date, June 15 1905. Interest, semi-annual. Maturity, $1,400 yearly on June 15 from 1906 to 19 0, inclusive. Portland, Coun.— Bonds Authorized.— Yfe are advised that the $88,0^0 20 year refunding railroad bonds recently authorizdd by the Legislature will not be offered for sale until after Ojt. 3, 1905. Denomination, $1,0C0, Bonds are free of all taxes. Portland, Me. Loxn Offering.— Pccipoa&lB will be received until 12 M,, June 28, by James L. Dyer, City Treasurer, for a $100,000 loan i J anticipation of taxes. DdDomioation at option of purchaser. Dj,te, day of Issue. Maturity, Ojt, 1, 1905, without gracse, either in Bo.=?ton or P.irtland. Portland (Mich.) Schjol District ^o 3 -Bond Sale —0:i June 15 the $6,0J0 43^^ building and Improvem-^nt bonds off:)redbut not sold on Juae I were awarded no H. W. N^ble Co., Detroit, at 100*583. Djuomlnation, $503. Date, Ju y laterest, March 15. Maturity, part yearly on 15, 1905. irch 15 f :om 1906 to 1911, Inclusive. PrinCitjn (Ky.)— Bond O^erinflr.— Proposals will be received until July 3, by the Mayor, for $35,0C0 Qfo 20 year water- works bonds. Denomination, $500. laterest, semiannual. Certified check for 10^ of bid reqnired. This city has no bonded indebtedness. J, N. Brewer is Cltv Clerk. Pueblo (Colo.) Schojl District No. l.-Bo d Ojeti ig Proposals will be received until 12 m Jane 3u, by S. D Broalus. President Board of Education, for the $25,000 4}4<( coupon gold sohool-bulldlng bonds mentioned la V. 80, p. DeiDomlnation, $1,000. laterest la payable at the First 2418. National Bank, New York City, or at the offije of the Treasurer of Pueblo County. Maturity, fifteen y ear j after date, optional after ten years. Certified check for $500, payable to 8. D. Brosius, President Board of £ lucation, required. Each & — M , — THE CHRONICLE. 2638 bidder is asbed to submit a proposition for the purchase of these bonds on a basis of 4 per cent. QaiDcy (111.) School District.— Bond^ Voted— Bond Offering,— ThiB city on March 21, by a vote of 1,705 to 376, autoorized the issuance of $120,000 5% coupon building and improvement bonds. Proposals were asbed for |119,999 97 of these securities until 4 p. M June 23, by the Board of Education. Denominations, 52 bonds of $1,000 each, 130 bonds of $500 each and 9 bonds of $383 83 each. Date, July 1. 1905. Interest annually at the oflBce of the Treasurer of the Board of Education. Maturity, $18,333 33 yearly on July 1 from 1907 The legality of the issue was approved by to 1915, inclusive. Chas. B. Wood of Wood & Oablev, attorneys, Chicago. Reading, Ohio.— Bond Saie.- On June 21 the $27,000 i% 10-20-year (optional) wster and light-improvement bonds described in V. 80. p. 2361, were awarded to Seasongood Mayer, Cincinnati, for $27,321 25 and accrued interest. Following are the bids : , & Seasongood Prov. 8av. : 1 & Mayer, Clnctn. $27,921 B'k&Tr.Oc. Cm. I I Well. Both ACo. Cincln 127,205 30 Atlas Nat. Bk., Cincinnati... 27,087 00 26 27.27100 amount [Vol. lxxx. offered for each issue separately, Purchaser to pay accrued interest. Sanford Graded School District, N. C.—Bond Sale.— On June 15 the $10,C00 5% 40-year school-building bonds described in V. 80, p. 2363, were awarded to Albert C. Case, New York City, at 106. Shelby County (P. 0. Memphis), Tenn.— Bond Sale.— On June 12 $1CO,000 4% levee bonds were awarded to the Memphis Trust Co, Memphis, at 100*247 and accrued interest. Following are the bids : Memphis Trust Co.. Memphis. 1100.847 W. R. Todd & Co., Cincln tlOO.OOO , I Mercantile Tr. Co, (condit"l) Siunx Falls (S. . . . 100,500 Dak.) School District An — Bond Election.— election will be held shortly (probably June 30, according to local papers) to vote on the question of issuing $75,000 high-echool bonds. Sni-a-Bar Township, Lafayette County, Mo.— Bond Offering— PropossilB will be received until 12 m,, July 17, by John Taubman, County Treasurer, for $24,CO0 H coupon township bonds. Denomination, $1,000. Date, Aug. 1, 1905. Interest Red Blnff Cnion High School District, Tehama County, annually at the Mississippi Trust Co., St. Louis. Maturity, 15 years, optional after 5 years. Certified check for $500, Cftl.— Bond OJ'enng'.— Proposals will be received until 11 a.m. July 5, by the Board of Supervisors of Tehama County for payable to the County Treasurer, required. South Bend, Ind.— Bond 8ale.-0a June 14 the $28,000 i% Denomination, $32^000 4%i gold coupon school bonds. $2,CO0. Date, July Interest, annual. Matnritv, to 1912, inclusive. 1905. 5, |2,0C0 yearly on July 5 from 1907 Red Lodge School District No. —B. nd Sa/e,— On June 10 18,500 5^ 1, Carbon Coanty, Mont. school-house bonds were awarded to Morris Bros. Cbristensen, Portland, Ore., fcr Denomination, $500. Date, $8,588 and accrued interest. June 10, 1905. Interest, semi-annual. Maturity, 20 years, subject to call after 10 years. RxJfhester, N. Y.— Temporary Loan.— This city on June 14 awarded to F. B. Jenmson of New York City a $100,000 8months'local-improvement note at 3 '70^ interest and $7"00 premium. Following are the bids: & Frank E. Jennlson ($7 prem.)... 8'70i6 Secnrtty Trust Co.. Rochester.. St-flG* Broadway S«v. Institution. N.Y.*3-75^ Goloman, Sachs & Co.. N. Y.... 3"«5« I I I Rochester Sav. Bank. Roches'r. Title Guar. & Tr. Co. New York, (»10 premium) Bond & Goodwin, Boston 3'8Bi( 4*00s{ 4'OOJt »For $50,000. Roslyn School District, Kittitas County, Wash.— Bonds district on June 3, by a vote of 50 to 1, authorized the issuance of $17,000 funding and $3,000 school bonds at not exceeding 5% Icterest. Maturity, Voted— Bond Offering,— ThiB 10 years, subject to call after 5 years. Proposals will be received for these bonds July 10 at the County Treasurer's cffice, Etlenebnrg. Snginaw, Mioh.— Bond Q^erinflf.— Proposals will be received until 2 p. M., June 28, by Wm. Seyffardt, City Comptroller, for $36,000 ii sidewalk bonds of the Eastern Taxing District, Denomination, $1,000. Date, July 1, 1905. Interest semi- annually at office of City Treasurer, Maturity, July 1, 1915. A certified check for 2% of the par value of bonds bid for on some Saginaw bank (or New York draft), payable to the City Treasurer, required. Delivery of bonds to be at the risk and expense of purchaser and must be paid for in New York exchange or equivalent, with accrued interest to date of delivery. Sagica^CMich.) Union School Distiict. —Bonds Voted.— Thts district recently, by a vote of 71 to 3, authorized the issuance of $20,000 school building bonds. are advised that this city St. Clair, Mich.— Bond Sale.— on June 12 sold $10,f 00 43^ water-works extension bonds and $6,(100 4i^« refunding water bonds to W. E. Moss Co., Detroit, for $16*610. Denomination, $1,000. Date, May 19. Interest, eemi- annual. Maturity, $10,000 May 19, 1925; $6,000 We & May 19, 1926. John, N. received until 4 St. B.— Debenture Offering.— Tro-poB&ls will be by Fred. Sandall, City Chamberlain, for $500,0(0 2}4% coupon debentures. Denominap. M., June 28, tion, $500, or at option of purchaser. D-ite, July, 1905. Interest, May and November, at the Chamberlain's oflBce, St, Jchn. Maturity, Nov. 1, 1945. Bonds are exempt from city tax. Present bonded dtbt, $3,944,484. Assessed valuation, $546,145. St. Johns, Ore.— Bond O^ering— Proposals will be received uEtil 4 p. M,, July 3, by J. Henbs, City Recorder, for $10,000 6^ public utility gold bonds. Dencminalion, $ir0. Dfite, June 15, 1905. Interest, semi-annually at the W. First National Bank, Portland. Maturity, part yearly on June 15 from 1905 to 1914, inclusive. Bonds are exempt from all taxation. Hi. Van], mivn.— Certificate Issue.— On June 15 this city issued $l,448,!i00 455 tax-levy certificates to local investors at par. Interest, semi- annual. Maturity, June 15, 1906. are fidvised tbat the issue was over-subscribed by about half a million dollars. Sallf bary. Mo.— Ponds Not Yet Ready for Issuance.— are advised that city is rot yet ready to issue the $21,000 water bonds ttectiored In V. 80, p. 237, nor will the bonds be floated until the water supply is determined, which will probably not be for two months. Handncky, Ohio. Pnnd O^eriwg.— Proposals will be received until 12 M. July 17, hy Alex. M. Wagner, City Auditor, for the following ecnritlee: We We »9,000 4« eriKlro-honso bonaa. Denomination. $l,CO0. Date. Jnly Malurlly. uly 1, 191U. 5,jOO 4» Rtreer Imprivcmfiiit bond'*. DenomtnaMon, |50O. Date. 11)05. Maturity. 1. 1905 AorU 1. Ai,ril 1.11)16. Interest eemi-annually ''at the City Treasurer's office. Certified check for $l,UO'} rcqaired, and bid must state 20-year-jadgment and park-land bonds described in V. 80. p. 2363, were awarded to E. D, Bush Co. of Indianapolis and Rudolph Kleybolte & Co. of Cincinnati at their joint bid of 108. Following are the bids E. D. Bush & Co. and Rudolph Jackson & CnrtU, Boston C29,626 80 Kleybolte A Co $30,240 00 St. Joseph Co. Savings Bank, Farson. Leach & Co..ChlcaBO. 30,180 00 South Bend 29,587 80 N.W. Harris & Co.. Chicago. 3(),0»1 00 N. W. Halsey & Co.,ChlcaKO. 29,505 60 2».4S5 20 B. M. Campbell *Co., Ind'Us. 3n,076 00 E. H. Rollins & Sons, Chic. SeasonKood & JMayer, Clncin. i!9.780 26 «lodeet, Merritt*Co..BoBt.. 29,050 70 J. F. Wild & Co.. Indian'llB... 29.7*5 00 Browne-Ellinwood Co., Chlo. 28,907 00 & : . . 29,690 00 W.K.Toaa «Co., Clnplnnatl. 28,850 00 & Co., Clncin South San Francisco, San Mateo County, C»l.—Bond« FoJed.— This city recently voted by an overwnelming major- Well. Roth ity to issue $20,000 public school bonds. Springfleld, 111.— Bonds Fo<ed.— The official result of the election in April for the issuance of $128,000 bonds has just been made public, and is as follows: 5,721 votes In favor of and 1 ,733 against the proposition. Bonds will be dated Sept. 1, 1905. SpriBgflfld (S. C.) School District No. 36. -Bonds 4mthorized. This district has authorized the issuance of $8,000 b% 25- year coupon school-building bonds. Denomination, option of purchaser. Date, July 1, 1905. Interest annually at place to suit purchaser. Bonded debt, this issue. Assessed — valuation, $162,285. Stanhope (Boru.), Sussex County, N. 3.— Bonds Defeatid. —This borough on June 6, by a vote of 89 to 92, defeated a proposition to issue $10,000 5i? water-main bonds. Sterling, 111.- BoRd O^erzjiflr. —Proposals will be received until 8 P. M., July 3, by the Finance Committee, for $6,000 4)4.% new public library bonds. Denomination, $1,0C0. Date, Maturity, $1,000 Interest, semi-annual. August 1, 1905. yearly on August 1, from 1918 to 1923, Inclusive. Certified check for Z% of amount of bid, payable to M.^C. Ward, Chairman of Finance Committee, required. Samter, S. Q.— Further Details of Bond Offering.— A9 stated last week, C. M. Hurst, Secretary Board of Commissioners of Public Works, will receive proposals until 12 M,, July 1, for $116,000 4^4% coupon water bonds. Denomination, $1,000. Date, July 1, 1905. Interest semi- annually at Sumter. Maturity, July 1, 1945, subject to call July 1, 1925. Present bonded debt, $28,000; floating debt (additional), Assessed valuation, $1,800,000. $5,000. Tahleqaah, Ind. Ter.- Bond B/ecfton.— Steps are belrg taken looking to the submission to a vote of the people of a proposition to issue $15,000 school-building bonds. Taunton, Mass.— Temporary/ Loon.— This city bag borCo, of Boston at 3 30% rowed $35,000 from F. S. Moseley discount. Loan matures Nov. 7, 1905. & Triadelphia (W. Va.) School District.— Bond Election.— of Education has called an election July 8 to vote on the question of issuing $50,0C0 school-building bonds, to be dated July 1, 1905. Denominations, one hundred bonds for $1( each and eighty bonds of $501) each. Triml)le (Town), Tenn. Bond O^ertng. —Proposals will be received xintll 6 p. m., June 30, by T. A. Pierce, Mayor, for from $6,0C0 to $7,000 5% coupon school- building bonds. Danomination, $500. Date, July 1, 1905. Interest annually at the Trimble Banking Co, Maturity on July 1 as follows $1,000 in 1910; $1,500 in 1915; $2,000 in 1920, ''the remaining issue July 1, 1925." Certified check for 6% of the amount bid, payable to the Town Treasurer of Trimble, Tenn., required, Accrued interest to be paid by purchaser. Bonded debt, this The Board issue. Assessed valuation, $110,000. Tropica School District, Los Angeles County, Cal.— Bonds Foted.— This district on May 27, by a vote of 23 for to none against, authorized the issuance of $12,000 5^ 1-24-year school-bulldlng bonds. See V. 80, p. 2237. Y.— Bond O^erfngr,— Proposals will be received until llA.M. today (Juce 24) by William H. Gearin, City Comptroller, for $44,818 33 4% 1-20-year registered tax deficiency bonds. Authority, Chapter 130, Laws of 1905. Denomination, one-twentieth of the amount of issue. Date, May 1, 1905. Interest, semi-annual. Certified check for not less than 1% of the par value of said bonds, payable to the City of Troy, required. Accrued interet-t between date of bonds and actual payment therefor must be paid by the purchaser. Tupelo, Miss.- Bond Blection.— An election will be held to day (June 24) to vote on the question of issuing $25,CO0 (serial) Troy, N. - June THE CHRONICLE. 24, 1905.] C— refunding school house, water- works completion and eleotric-light plant-enlargement bonds. Tarlock Irrigation District, Stanlslaas Conaty, Cal.— Bond Sale.— Oi. the $134,000 6% and 6i 30 year gold coupon general-expense bonds described in V. 80, p. 1989, 15,500 (thirteen bonds at |400 and three bonds at |100 each) were awarded to Ed, Malley, San Francisco, at par. No other Bonds Voted.— Taia townWadesboro (Townsliip), N. ship at an election held on Jane 17 voted in favor of a proposition to issue $35,000 5i 50-year bonds in aid of the proj acted Winston-Salem South-Bouad Railroad. Ward County (P. O.Minot), N, Dak.— Bond Offering.— Further details are at hand relative to the offering of funding bonds mentioned in last week's Chronicle, Proposals will be receivei^ until 2 p, m on Jaly 5 by the Chairman of the Board of County Commissioners for $160,0 1)0 4% coupon funding bonds. Denomination. $1 OjO. Dace, July 1, 1905, Maturity, July 1, 1925. Authority, 2025 to 2042 Rev. Code of North Dakota. Certified check for |3,(KJ0, payable to J. W. Fabrick, County Auditor, required. Present bonded debt, bids received. Tuxedo (N. Y.) Union Free Scliool District, No. 6,— Bond OJ'ering'.— Proposals will be received until 12 M. Jaly 6 by Paul Tuckerman, No. 59 Wall Street, New York City, for registered gold bonds of this district. Dj,te, July $20,000 Denomination, $1,000. Interest semi-annually at 1, 1905. he Manhattan Trust Company of the City of New York. Maturity, $1,000 yearly oa Jaly 1 from 1908 to 1925, incluBonds, approved as to legality by Appletoa L. Clark, sive. Esq., will be deliverable on the day of sale. This school district is in Orange County and includes within its boundaries the whole of Tuxedo Park. The offlcial notice of this bond offering will be found among the advertisements elsewhere this Department, Tyler Coanty (P. 0. Middleboarne), W. Ta.— Bond Election.— An election will be held June 27 to vote on a proposition to issue $60,000 Q% 1-80-year (optional) court-house a Waverly, Morgan Connty, III.— Bond Safe —On June 1 $5,000 5f sidewalb: bonds were awarded to the First National Bank, Pittsfield, at 10202, Denomination, $825, Date, June 15, 1905. Interest, annual. Waynesboro, Pa.—Bond Sale.— Oa June 15 the $11,000 street-improvement bonds and the $9,000 4^ coupon funding bonds described in V. 80, p, 2422, were awarded" to the People's National Bank, Waynesboro, at 103 '335, Following are H the bids: People'sNat. B'k.Waynesb.. $20,667 00 N. W.Harris 4 Co.. N.T $20,10131 Hayden. Miller * Co.. Oleve. 20,*60 5) W.J. Hayes & Sons. Cleve... 20,00500 AibenC. CasB, New York.... 2u,H40 0) People's National Bank. *10,000 00 Lamurechi Uroe. & Co.. N. T. 20,102 06 Shippensburg I | I I • bonds. Bid for iio.ooo. Wellstou, Ohio.- Bond Offering. -Proposals will be recelved until 12 M,, July 10, by J. H, Browne, City Auditor, for $6,000 5* I 10 year (serial) sewer bonds. Authority, Section No. 2835 (commonly known as the Longthworth Bond Act) of the Revised Statutes. Denomination, $610. Date, July 1, 1905. Interest, semi-annual. Certified check for $200, payable to the City Treasurer, required. Purchaser to pay accruel interest, Wellsvllle, Oliio,— Bond* Authorized —The City Council has authorized the issuance of $18,000 43^^ debt-extension bonds. Danomination, $500, D^te, Jane i, 1905, Interest, semi-annually at the oflBce of the City Treasurer. Maturity. $3,000 June 1, 1925, and $2,600 yearly on Jane 2 from 1926 to Taadalla (Ohio) School District.—Bonds Not Sold.— We are advised that the $8,000 i% bonds offered on June 12 (description V. 80, p. 2237,) were not sold. Tan Eman Free Turnpike Road No. 46, Taa Wert Coanty, Uhio.— Bo/id O^ermj.— Proposals will be received June 27, by the Road Commissioners of the until 1 p. M Van Emsn Free Turnpike Road No. 46, at the law oflBce of Balyeat & Conn, Van Wert, for $7,500 i}4i coupon road improvemeat bonds. Denomination. $500. Date, July 1, 1906, Interest semi-annually at the County Treasurer's oflBce. Maturity as follows $500 on July 1 from 1906 to 1918, inclusive, and $1,000 on July 1, 1919. Blank bonds to be furnished by purchaser. Certified cheolt for $500, payable to Abijah Goodwin, President of Road Commissioners, r-qalretl. . : LOANS. Assessed valuation, 1904, $6,132,728. $20,000. m NEW 2G39 1931, inclusive. NEW fWJLOANS. |»VWVWW>.'WW\,'S/N,'S/W,'W^ LOANS. S 100,000 HUDSON COUNTY, N. J. Town of West Hoboken OITY OF YONKERS, Hudson County, N. GOLD BONDS. By virtue of resolutions of the Board of Chosen Freeholders of the County of Hudson, State of New Jersey, passed at a meeting held Monday, June 19th, 1905, sealed bids and proposals will be received and opeaed at a meeting of said Board to be held in the Court House, Jersey City, N. J., THURSDAY. JULY at 4 o'clock, 1'. 6, ni. 1905, for the sale of Thousand Dollars ($750,000) Refunded War Renewal Bonds. (seven Hundred and FIftT to be issued in accordance with an Act entitled "An Act to authorize any County In this State to renew matured and maturing bonds," approved April 19th, 1905 (Chapter 174, Laws of 1905). The above issue to be four (4) per cent per annum Coupon Bonds, to bear date the Jfirst Day of August 1903, and to become due and payable on August 1, 1933, interest payable semi-annually in gold, and to be sold for not less than par and accrued interest. Each proposal or bid mnst be enclosed In a sealed envelope, endorsed "Proposals for Bonds" and to be accompanied by a certified check, enclosed therein, drawn to the order of Stephen M. Egan, County Collector, on some National Bank or Trust Company 'n the sum of Seven Thousand Five Hundred Dollars (|7,500) or cash to the same amount. The Board reserves the riglit to reject any or all bids if it be deemed for the best interests of the County so to do. By order of the Board of Chosen freeholders of the County of Hudson, N. J. JNO. P. EGAN, Clerk. ^30,000 TOWN OF TUXEDO, Orange Coanty, N. Y. School District No. 6 Gold Bonds. Sealed bids will be received at the ofiBce of Paul Tuckerman, No. 59 Wall Street, New York City, nntll noon on the «TH OK JULY, 1»05, for the purchase of $20,000 Registered Gold Bonds of Union Free School District No. 6, Town of Tuxedo, N. Y. These bonds, in the denomination of Sl.OOO each, bearing interest at the ra'o of 4fc per annum, payable semi-aonaaliy and dated the Ist day ot July, 1H05. payable, principal and Interest, at the Manhattan Trnst Company In the City of New York, will be payable one in each year ensalng the date thereof. The bonds, approved as to leaallty by Appleton L. Clark, Usqnire, will be deliverable upon the day of sale. The Board all bids. reserves the right to reject any and N. Y., J., SCHOOL BONDS. BONDS. Sealed prc^posals will b^i received by the Town Council of the 'I'own of West Hot)oken at the Town Uall, corner of Charles Street and Clinton Avenue, ia said town, on Wednesday Kvnnlng. July 5, 1905. O'clock, for the purchase of an issue of OiieHundred Thousand Dollars in bonds ot said Town to be issued under authoritv of the Act of the Legislature of New Jersey, entitled " An Act authoriaing the incorporated cities, towns, townships and t>oroaghs of this State to fund their flouting indebtedness and their matured and maiurinff bonas," approved March s!3, luby, as amended by Chapter 3 of the Laws of 1901, and by virtue of an ordinance for the purpose adopted by the Town Council of said town on June 14, lyi 5. Said bonds are to be Issued for the purpose of raising money to pay and redeem improvement certificates issued by said town which have matured and which remiiu due and unpaid. Said bonds will tiear date the flrst. day of July, 1905, will be in denomination o' One Thousand Dollars each, will become payable at the expiration of twenty vears from the date thereof, will bear interest at the rate of four per cent per annum, payable semi-annually, and maybe either registerea or have coupuns attached for each half-jear'» interest, at the option of the purchaser. The Slid bonds will be sold to the person or persons offering the most advantageous terms to the At Eight Town, bat at not less than tbeir par value ; the bids Council reserves the right to reject any and all If deemed for the interest of the Town so to do. The bonds will be delivered on ttie fifteenth day of July, 19C5, at the otflce of the Town Treasurer on payment of the purchase price and the accrue! interest on the bonds from the first of July, 1905. Each proposal must be accompanied by a deposit of Two Thousand Dollars in money oracheca for Two Thousand Dollars drawn to the order of the Sealed proposals are invited for $37,700 Four Per Cent Registered Bonds, interest payable April and October Ist. These bonds are issued In conformity with the provisions of Chapter 543 of the Laws of 1899 and of resolutions passed by the Common Council June 1?, 1905. They will be dated July mature as follows 1, 1905, and will : April 1.1920 April 1, 1921 April 1,1922 §10,000 10,000 7,700 The necessary papers to establish the legality of this issue will be furnished Immediately to the suecesful bidder, who will be expected to take up the bonds on July 10, 1905, which must be paid for by certified check to the order of the Treasurer of the Board of Education, Yonkers, N. Y. Proposals must be accompanied by a certified check to the order of the Treasurer, as above, and endorsed " Proposals for School Bonds," and addressed to J. H. Claxton, Secretary of the Board of Education, Yonkers, N. Y. The right is reserved to reject any or all bids' which will be opened in the Board Room, High School Building, TUESDAY, JUNE 27, 1905. at 8 o'clock, P. M. CHARLES H. FANCHER, RUDOLPH EICKEMEYEB PETER U. FOWLER, Jb., Committee on Finance. Treaijurer, on, and certified by, some renponsiblebankor trust company the deposits of unsuc- Town ; cessful bidders will be returned immediately after the award of the bonds is maae the deposit of the successful bidder will be treated as a payment on account of the purchase price of the bonds, or, in case he shall fall or neglect to take the bonds at the lime appointed theretor, will be retained by the Town Council and be applied to the cost and expense of re-advertisini and to any deficiency of ; price that may arise on a re-sale of the bonds. AH proposals must be enclosed in sealed envelopes and be endorsed " Proposals for Bonds." No conditional bid will be received. All bids that do not comply witn the terms stated herein will be considered informal and will bo reiected By order of the Town ronncll. JOHN P. McMAHON. Town King, Hodenpyl & Co., BANKERS, 7 Wall Street, New York. 21 7 La Salle Street, Chicago. Members New York Stock Excbanee. RAILROAD AND STREET RAILWAY BONDS. Clerk. Dated June 22d,19C5. Blodget, Merritt Trowbridge & Niver Co. BANKERS, MUNICIPAL AND PUBLIC SERVICE , Congress Street, Boston. 30NAS!^AV STREET, NEW YORK. 16 BONDS. CHICAGO, Ut Nat. Bank Bidg. & Co BOSTON, 60 State Street. STATE. Clff & RAILROAD BONDS. — , : . THE CHRONICLE. 2^40 [Vol. lxxx. WinoEa County (P. Wettlleld, N. Y.— Bonds Xot Sold.— The following bids were received on Jane 16 for tbe |15,C00 i% refunding water bords described in V. 80, p. 1990: W. J.Uayes & Soni. Cleveland. 101*57 10a-5B otto Ke'sey, Albany 108-50 10113 George M. Hahn, New York S. A. Kean. Chicago We are advised that these bids were all rejected, as they were illegal according to Section 129 of Village Law. Wei<t Hoboken (Town), Hudson Connty, N. J.— Bond O/er in flf.— Proposals will be received until 8 p. m Joly 5, by the Town Council, for $100,000 i% funding bonds, either coupon or registered at option of holder. Denomination, $1,000. 0. Winora), Minn.— Bond Sale.— On 13 the $17,500 4<J coupon poor house bonds described in V. 80, p, 2363, were awarded to C. A. Boalt Co., Winona, at 100*50 and blank bonds. Following are the bids : June & I I offlcial ! (P. 0. Winston-Salem), ForSjiti County, y. V.—Descr'ption of Bonds.— The |iOO,000 5% coupon bonds voted April 11 as a subscription to the capital stock of the Winston-Salem South- Bound Railway Co. will be issued in denomination of $500 or $1,000. Interest semiannually in NfwYork City Maturity, 80 years. Preeeat bonded debt, $160,000. Assessed valuation (estimated), $7 Of 0,000. See V. 80, p. 1754. Xenia, Ohio.— Bonrfa ^ur ^on'«ed.— The City Council has passed an ordinance providing for the issuance of $38,000 Market Street paving bonds. Yates Sch( ol District No. 3, Orleans Connty, N. Y.— - BondSa^e.-Oa Jane 30 the $14,000 4^ school bonds dePoiibed in V. 80, p. 2422, were awarded to the Union Back, Medina, at 100*105 and accrued Interest. Yonkers (N. Y.) Seliool District.— Bond OJering.- Proposals will be received until 8 p. m., June 27, by J. H. Claxton, Secretary Board of Education, for $27,700 4st registered school bonds. Authority, Chap. 543, Laws of 1899. Date, July 1, 1905. Interest, April 1 and O^j^ober 1. Maturity on April 1— $10,000 in 1930, $10,000 in 1921 and $7,700 Treasurer, in the of this bond offering will be found Department. Westmoreland County (P.O. Greensbnrgh), Pa,— Bonds coupon Not Sold.—Vfe are advised that the 51,(00,COO conrt-hcuse bonds offered on June 22, and described in V. 80, p. 2863, were not sold. West Orange (N. J.) Scliool District.— Bonds Votd This district on June 21, by a vote of 29 to 3, authorized the leeuance of $7,500 4% school repair bonds. Denomination, Maturity, $500 yearly beginning 1913. Dite of sale |500. not vet determined. Wilna Union Free Scho< 1 District No. 1 (P. 0. Cartilage), N. Y.— Bonds Fofed.— This district on June 9, by a vote of 77 to 45, authorized the issuance of $28,000 highschrol bonds. Details of issue not yet determined. Winnipeg, Manitoba. Dibenture Saie.-Oa Jane 16 the $1,209 87f> 4^ gold debentures maturing $111,713 68 in 1912, The ) ( & A among 60 00 Winston 'Township Date, Ju'yl, 1905. Interest, semi-annual. Maturity, July Authority, Act of Legislature approved March 23, 1, 1926. deposit in money 1899, as amended by Chap. 3, Laws of 1901. Town 50 . , or certified ohecb^, payable to the amount of $2,000, required. Fi'stNat. Bank, Winona H7,S91 00 John A. Mathews 7,531 50 Minn. L.'n & Tr Co.. Mlnn'Us. 17.626 50 N. W. Harris 4 Co., Chicago. 7,521 00 00 8. A. Kean, Chicago .... 17,517 50 00 Trowbrldse & NlverCo..Chlc. I'.sro UO 50 Kane & Co., Minneapolis 17,500 CO C. A. Boalt (fc Co., Winona.. .J17,587 F. L. Fuller & Co.. Cleveland. 17,677 C. H. Coffin. Chicago 17.676 H. H. KolUns * 80D8, Chic. 17,635 Union Investment Co 17,626 W. J. Hayes it, Sons, Cleve. 17.612 Farson, Lieach Co.. Chic. 17.608 notice the advertisements elsewhere in this H — "The neceesary papers to establish the legality cf be furnished immediately to the successful bidder, who will be expected to take up the bonds on July 10, 1905, which must be paid for by certified check to the order of the Treasurer cf the Board of Biucation, Yonkers, N. Y." The official notice of this bond offering teill be found in 1922. this issue will $44,654 86 in 1915. $363,836 89 in 1920, $271,860,18 in 1925 and $417,809 81 in 1935 (for description see V. 80, p. 2238,) were awarded to ^milius Jarvis Co., Toronto, tor $1,304,031 and accrued interest. Following are the bids: ^millns Jarvis t Co.. Tor $i,204.f 31 00 Dominion Securities Corp., Toronto E. H. Gay & Co., Montreal 1,198,628 58 $1,188,883 00 +1,037,4*1 58 John Nnveen & Co., Chlc. *261,000 00 Hanson Bros + For the 15, 20 and 30-year bonds. * For the 20- year bonds. & I 1 NEW LOANS. ST'0,000 and City of Atlantic City, N. 3J^% Direct Obli&rations of the City. J. Sealed bids will be received for J70,000 School City will receive sealed pro- posals for $90,000 Gold Conpon School Bonds NATIONAL BANK, NEW YORK HANOVER CITY. Also $60,000 Gold Coupon Paving Bonds denominations of $1,<100, dated June 1, 1905, maturing on June 1, 1925, wlthcut, option, with Interest at 4 Der cent, payable semi-anDually at 'he HANOIn VER NATIONAL BANK, NEW YORK CITY. Comptroller wi 1 receive bids for these bonds until twelve o'clock noon of ity MONDAY, JUNE a«, 1905, any or re'ervlcg, however, the right to reject all bids. The legalitj of these bonds has been apprr ved by Dillon & Hubbard, of New York, whose certificate as to legality will accompany the bonds when delivered. The bunds will be engraved under the supervision cf and certified as to ihelr genuineness by the United S'ates Mortgage & Trust Co., of New will be made on or about July Bonds of the City of Ansonia, Connecticut, until 12 M., MONDAY, JULY 17tb, 1905. The bonds will date from July In denominations of 11.000 each, dated July 1, 1P05, payable §l5,ono on July 1, 1925, and $15,C00 on each BUDseqnent July 1, until July 1, 1930. Said bonds are wiihout option, with Interest at 4 rer cent per annniD, payable spnal-annually at the York. Delivery of bonds !8llS,000 4 Per Cent School Bonds. of the < ^I^J-OANS. ANSONIA, CONN., Town of Milford, $60,000 PaTing Bonds The City of Atlantic Department the advertisements elsewhere in this NEW LOANS. ,000 Scbool House Bonds The among 5, 1905. Blank forms of proposal, ulvlng full particulars, will be f uintsbed on application to A. M. HESTON, Ist, 1905, and be issued in serial form of $1,000 each, and bear Interest at the rate of i per cent per annum, payable semi-annually on Jan. Ist and July Ist, and will mature as follows $3,000 on July 1st in each year until paid, beginning with Numbers 1, 2 and 3, July 1st, 1906. All proposals must be accompanied by a certified check payable to the order of the Mayor and City Clerk for two per cent of the amount of bonds bid for, atd the same to be forfeited if the bidder fails to acceptand pay forthe bonds awarded. The successful bidder or bidders will be required to settle for the bonds, with accrued Interest from July Ist, 1905, at or before delivery. The bids will be opened by the Board of Aldermen in the chamber of the Board of Aldermen in the City Hall, In said Ansonia, at 8 P. M., Monday, July Conn., BONDS. Town of Milford, Conn., offers bonds for $18,0"0, bearing Interest at Z]4, per cent, payable semiannually. For a safe investmert no better security was ever offered. For further Information apply to SANFORD HAWKINS, Town Treasurer. Perry, Coffin & Burr, INVESTMENT BONDS. 60 State Street, BOSTON. 17th, 1905. The right to reject any and all bids is reserved, Address all bids in a cealed envelope to the City Clerk, Ansonia, Connecticut, marked "Proposals for School Bonds." Attest: CARLOS H. STORRS, INVESTMENT BONDS. SAMUEL G. HEDSHAW, JOHN C. MEAD. Comptroller. SEND FOR LIST. Committee of the Board of Aldermen. #'ro,ooo Town of Weehawken, Iluilnon Co., N. J., Ro.nd ITCOr^O DENISON, PRIOR&CO. T MUNICIPAL by the Township Comml'teeof the Tcwnship of VVeetiawken, Hudson Co., N J on .lUNK k!7TH, I9r5, at eight o'clock tn F. R. 1.I8T - • ILLS. • ON APPI^ICATION. 171 , ,,„ .,a„„^ry i; ^^ 1920 to 1936. Dtliverable: July 15, 19^5, at Weehawken. Payable: iTindpal and Diierest In Weehawken. Deposit: a certiued check or cash for 8^,000 with MacDonald, McCoy MUNICIPAL Co CORPORATION BONDS. bids. The right iH reserved to reject any and all bids. For further ilefails see artvenlsement In "Hoboken Observe r" pub Ished at Hoboken, N. J TUO.MAS J. CaKUOLL, Township Clerk. AND & 171 La , LA SALLE STREET, CHICAGO. i\i. '> jHnuary and July. Denomlnutlun: $l,(ioo. FULTON & CO Municioal Bonds, »70.i 00. Purpose: Immovement of Road. *''"*^0 Mat urltv ,, ^,„o on J/inunry 1, In 19'6 to 1P26. Maturity Interrst: CHICAGO, BOSTON. CLEVELAND. 172 Washington Street, Rnad Improvement Bonds under Chapter 129, l.aw8 of N. J., for 1905. Sealed propocaU will be receive d Amount: oriMnQ O^I'^L^^- and CORPORATION Improvement Bonds. the evening, for the put chase of the followlig per cent HL'Uil annunl coupon bonds. POTTER, B. Salle Street, Chicago. EatRblltihed 1MS5. H. C. Speer First Nat & Company Baulc Fnilding, Cliicago. COUNTY AND TOWNSHIP CITY BONDS. z=zs——^——