Full text of Commercial and Financial Chronicle : June 26, 1897, Vol. 64, No. 1670

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

Q uotation S u p p le m e n t (Monti%)

S tr e e t R ailw ay S u p p le m e n t (010* 1$

I n v e s t o r s S u p p le m e n t (quarterly)

S ta te and C ity S u p p le m e n t

(§ m k m $

[Entered aao ordinjt to Aot of Congress, in th e y e a r 1897, by th e Wil lia m B. D ana Co m pa n y , In the offloe of the Librarian of Congresa

VOL. 64.

SATURDAY, JU N E 26, 1897.

3 *lie (C h c cru ic le .
P U B L IS H E D

W e e k e n d in g J u n e 19.
O l» a rin g $ a t —

W EEKLY.

Terms of Subscription—Payable in Advance :
F o r O n e Y e a r ............................................................... ........................................$ 1 0 ( 0
F o r 8 i x M o n t h s ...................................................................................................
6 00
E u r o p e a n S u b s c r i p t i o n ( i n c l u d i n g p o s t a g e ) .............................. 1 2 0 0
E u r o p e a n S u b s c r ip tio n S ix M o n th s (in c lu d in g p o s ta g e ) .
7 00
A n n u a l S u b s c r i p t i o n i n L o u d o n ( i n c l u d i n g p o s t a g e ) ___ £ 2 1 0 s .
S ix M os.
do.
do.
do.
___ £ 1 1 0 s .
T h e In v e s t o r s ’ S u p p l e m e n t w i l l b e f u r n i s h e d w i t h o u t e x t r a c h a r g e
e v e r y a u n u a l s u b s c r i b e r o f t h e C o m m e r c ia l a n d F in a n c ia l
C h r o n ic l e .
T h e S t a t e a n d C it y S u p p l e m e n t w ill a ls o b e f u r n i s h e d w ith o u t
e x tr a c h a r g e to e v e r y s u b s c r ib e r o f t h e C h r o n ic l e .
T h e S t r e e t R a il w a y S u p p l e m e n t w ill lik e w is e b e f u r n is h e d w ith ­
o u t e x tr a c h a r g e to e v e ry s u b s c r ib e r o f th e C h r o n ic l e .
T h e Q u o t a t io n S u p p l e m e n t , is s u e d m o n t h l y , w i l l a ls o b e f u r n i s h e d
w ith o u t e x tr a c h a r g e to e v e r y s u b s c r ib e r o f t h e C h r o n ic l e .
F i le c o v e r s h o l d in g s ix m o n th s ' i s s u e s o r s p e c i a l tile c o v e r s f o r S u p ­
p le m e n ts a r e s o ld a t 5 0 c e n ts e a c h ; p o s ta g e o n t h e s a m e is 1 8 c e n ts .

to

Terms of Advertising—(Per inch space).
O n e t i m e ............................................. $ 3 5 0 I T h r e e M o u t h s
(1 3 t i m e s ) . .$ 2 5 0 0
O n e M o n th
(4 t im e s ) .. 1 1 0 0 S ix M o n th s
(2 6
“
) .. 4 3 0 0
T w o M o n th s
(8
“
) .. 1 8 0 0 |T w e l v e M o n th s (5 2
“
) .. 5 8 0 0
(T h e a b o v e te r m s f o r o n e m o n th a n d u p w a r d a r e f o r s ta n d in g c a rd s .)

London Agents:
M e s s r s . E d w a r d s Sc S m i t h . 1 D r a p e r s ’ G a r d e n s , E . C ., w i l l t a k e s u b ­
s c r i p ti o n s a n d a d v e r t is e m e n t s , a n d s u p p ly s in g l e c o p ie s o f t h e p a p e r
a t Is . each.

W IL L IA M
P in o

It. D A N A C O M P A N Y , P u b l i s h e r s ,
S tre e t, C o rn e r o f P e a r l S tre e t,

P o st O f f ic e b o x 9 5 8 .

n e w

y

# k k .

CLEARING HOUSE RETURNS.
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the olearing houses
of the United States for the week ending to-day, June 26,
have been 5956.895,735, against II,048,067,139 last week and
$890,085,698 the corresponding week of last year.
C l e a r in g s .
R e tu r n s b v T ele g ra p h .

W e e k E n d i n g J u n e 26.
1897.

1896.

P e r O e n t.

N e w Y o r k .........................................
B o s to n
.............................. - ...........
P h i l a d e l p h i a ................................ ..
B a l t i m o r e ......................... .............C h ic a g o
......... .................................
S t L o u t s ................... ........................
N e w O r l e a n s .......... . . . . . . . . . .

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

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

+ 8 -4
+15*2
-8 4
+0*6
—3 ;3
+ 2 2 -4
-1 2 -1

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

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

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

+ 6 -6
+ 6*9

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

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

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

+6*6
+ 1 3 -0

* 9 5 8 ,8 9 5 ,7 3 5

$ 8 9 0 ,0 8 5 ,6 9 8

4-7*7

T o ta l a ll c itie s fo r w e e k

NO. 1,670

The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot,
of oourse, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday n iglit.
We present below our usual detailed figures for the pre­
vious week, covering the returns for the period ending with
Saturday noon, June 19, and the results forthe corresponding
week in 1896, 1895 and 1894 are also given. Contrasted with
the preceding week, there is an increase in the aggregate
exchanges of about twenty-six and a quarter million dollars,
and at New York alone the gain is seventeen millions. In com­
parison with the week of 1896 the total for the whole country
shows an increase of 2’3 per cent. Compared with the week
of 1895 the current returns record a decrease of 1’2 per cent,
and the excess over 1894 is 29’8 per cent. Outside of New
York the gain over 1896 is 3’1 per cent. The decrease from
1895 reaches l ’Oper cent, and making comparison with 1894
the excess is seen to be 16’6 per cent,

1897.

1896.

*

«

N e w Y o r t .................
P h i l a d e l p h i a .............
P i t t s b u r g ....................
B a l t i m o r e ...................
B u f f a l o . .. . ...............
W a s h i n g t o n ..............
R o c h e s t e r ...................
S y r a c u s e .....................
S c r a n t o n . . . . .............
W il m in g t o n .............
B i n g h a m t o n .............
T o t a l M id d le —

600,429,021 590,778,010
65.57s c92
00,079,800
14.157,159
14.075.361
13 105 0v)3
13,817,71*
4,0'. 0,731
3,967,888
1.987. £5i
1,944,315
1,400,502
1.449,340
953,401
1,071,705
794 599
723 020
673,1 S2
6U 253
283.70
344,00U
704.457.70Z 700,600,201

B o s t o n ........................
P r o v i d e n c e ...............
H a r t f o r d ................. ..
N ew H a v e n . . . . . . .
S p r in g f i e l d ...............
W o r c e s te r .................
P o r t l a n d ....................
F a ll R i v e r ................
L o w e l l .......................
N e w B e d f o r d ..........
T o t a l N e w E n g ..

98.890,28’:
5.5 ' 8.300
2,711,819
1,455,327
1,254,715
1.371,088
1.260,746
754.020
700,113
4*8,098
114,487,143

81,552.05
4+55.000
2,231,L57
1 3n0,c52
1,204,053
1,413 951
1,2 6.5(3
748,703
594.001
404.753
95,788.4 18

C h ic a g o ........................
C i n c i n n a t i .......... . . . .
D e t r o i t .........................
C l e v e la n d .......... . . . .
M il w a u k e e .................

81.385.430
12,994,75'
6.01H.62
5.958,71"
4,174,010
3,l*o.300
2+27,23*
L.452.N9
1.5*2.450
729.1'J4
002,0.6
254.720
250,0 u
200,8*4
294 73^
200.000
199,160
145.230
203.493
121 901,054

87,721,934
11,017 050
5,798,81b
6,551,053
4.421 913,748.701
2.042,34
1.453,05:
1.278.830
7l3,37r
598 6-1
202.99
300,004
290,480
200.000
252,101
214.056
189,915
190.451
I28,540.o0i

S a n F r a n c i s c o .. ,
S a l t L a k e C i ty ...
P o r t l a n d ...............
L o s A u g e l e s ........
T a c o m a .................
S e a t t l e .................
S p o k a n e ...............
F a r g o .....................
S io u x F a l l s . . . .
T o t a l P a c if ic .

13 233,5311.327,778
1.018.443
903.729
419,17 4
630,390
681,38*
125,7*1
52 77>
18 458.9*1

K a n s a s C ity .
M in n e a p o lis .
O m a h a ........ .
S t . P a u l ........
D e n v e r ..........
D a v e n p o r t . .,
S t. J o s e p h .
D e s M o in e s .
S io u x C ity ..
L in c o ln .....
W i c h i t a ........
T o p e k a ..........
F r e m o n t....
H a s tin g s ....
T o t. o th e r W e st

Columbus..............

In d ia n a p o lis . . . . . . .
P e o r i a ...........................
T o l e d o ..........................
G r a n d R a p i d s . .. .
D a y t o n .........................
L e x i n g t o n .................
S a g i n a w .......................
K a la m a z o o .........
A k r o n .......................
B a y C i t y ...................
R o c k f o r d ..................
S p r in g f ie ld , O h io ..
C a n t o n .............. • •••
T o t . M id . W e s t ’r

S t . L o u i s ...................
N e w O r l e a n s ...........
L o u i s v il le .................
G a l v e s t o n .................
H o u s t o n ....................
S a v a n n a h .................
R ic h m o n d .... —
M e m p h i s ...................
A t l a n t a ......................
D a l la s ........................
N a s h v i ll e .. . ..
N o r f o lk — . . . .
W a c o .......................
F o r t W o r t h ...........
A u g u s t a ------ . ..
B i r m i n g h a m . ..
K n o x v i l l e . ..............
L i t t l e R o c k ..........
J a c k s o n v ille
C h a t ta n o o g a .
T o ta l S o u th e rn
T o t a l a ll —
M o n t r e a l ......... ..
T o ro n to ... —
H a ll fa a ...........
W ln n if.e e ..........
H a m i l t o n ................
S t . J o h n . .................
T o t a l C a n a d a ..

isy7.

P. P ent

1895.
*

169-.
I

+16
-8 4
0’6
+4 9
-1 5 1
-2*2
-1*2
—11*0
-8 9
+4 5
4 20*o
1-0*0

614 812,915
78.572,80"
15,4 19,985
14.9 3 727
4,085,042
1,877,*23
1,511.811
1,199.001
778,019
696.349
440,100
738,413.592

428 3?5,62S66+ 6 8 .7 2 0
12,732 217
11,211.273
3,680 628
1,676 512
1,215,702
931,861
826.270
632 711
3 13,600
M 6.131 242

■*■21 3

83 329,81C
5,758.700
2.083 6 4
1.356 505
1,403 *33
1,-155,205
1,183,003
711,009
687.224
404.4**
98,278,585

72.118.167
4,511.800
1.622,731
1,255.952
1,2*1 611
1,161.870
1,185,171
61*, 077
627 10 8
3 3 i 819
84,080,915-

+20*4
+7 5
-0 8
—30
—L t

+0 8
+ 17 8
+5z
+19*5
-7 2
—3 1
—9*1
—5 o
-1 5 2
+21 7
01
+19 1
+2*2
+ 0<
—31
-10-.
—8*1
+10 b
-20* ,
—7’0
-2 3 2
+7*9
—5'J

89,887,258
13.841 80<
5,870 911
6.132.957
4,754,050
3,540,30(
1,3a0 883
l,88vJ.«bb
1.4 71,44 5
791 104

80 152 01 9
11,786.350
5,135.150
1.433,937
4,198,06!
3,008.100
1 ,2 ,6 ,9 4 9
1,639 950

265,235
482,004
280,850
278,114
345,707
172 65<
194,236
187.304
131,719,88*

267.000
277 570
258.328
187,217
299 6 68
175.882
142.000
156.065
113.351.57T

12,962.521
1.600,91.
978,517
980,457
534.201
767.352
393.42*
20o,400
88,6719,095,429

+2 1
—17 J
+4*1
—2d 3
—21-5
— 171
+73**
—38 b
—4“ 6
-3 c

11,513,608
1.121,400
1,087.074
1,043,568
604,843
421.909
384,62»
128 330
57 886
16,363.802

10,913,237
1,011,359
852.070
718+ 03
461.600
517.940
182,796
104.937
118,026
14.282.283

9.445,972
5.714,778
4.602 097
3.076.847
2,008,548
57<’,306
1,280.318
849,651
62U,282
273,566
4 4 3,80 j
422.44L
03,491
81,972
29,905,117

9.352.05*
0*237,765
4,494.349
4.704.97b
2.303,532
001,18;
l,u92.419
899.702
408.O9H
274.293
440,871
334,419
62,7 2(J
70,397
31,328,785

+1*0
—8*4

9,535,943
0,723.820
3,033 236
4,617.419
2,958,288

8.105,979
5 730,909
5 017,072
1.170,068
2.119,126

1,157 955
933,368
422,979
311,930
406,018
533.165
04,353
00,400
30,828,100

1,255,713
956,280
576,541
325,171
269,336
5C8.058
134,706
77.800
29.643.307

30,800.5‘0
0 143,205

22.703,915
0,894.384
5,378,901
1,049,850
1,514,040
1,359,81 i
2,138 54£
1,479,811
930,197
965,701
779.360
845,871
360,705
035,050
475,000
351.511
411.107
301.531
278.70*
198,250
49.659,031

21.946.686
7.371,773
0,244.228
1,795.770
1.985,490
1,510,145
2,280,721
1,200,052
1,080,340
1,037,411
700,100
938,534
475,325
594,8*9
400,000
460,803

20,835,188
6,438 213
1.774 330
1,577.742

a .u o .tio s

J ,898,361
2,000,469
1,052,281
i OKs.aof

1,409,157
1,060,751
1.000.000
818,
754,873
250,761
769.709
529.94*
380,25'
495,08'201,20S
223,765
2 c8,42<

68,737,191;

l,04S.0<)7,13t 1,025,001,908
441.037,51* 428.223.95L
13.717,271
0.857,151
1.050,10
1,350,90!
543,43'
534,97'
24.059,80

10.422,282
0,155,45*
1,103,27
955.93:
051,841
550,000
19,838,76

+ il--

+ o-*

-34-0
+132
-5*1
+177
-7*0
+32’5
+F«

-t 0‘7
+203
+20 4
+ 164
-4*3
+350
—10*9
+142
+2-9
+36 0
+21*5
—7*1
—4’b
+14’0
+3*6
+8 9
—10 8
—20’b
+21*1
+11-0
+8-2
+20*;
—14*2
—19-7
+30*3
+18*3

808.918
204,009
231,25b
50,632,464

+2*3 1.061 136,425
+3*1 116,823,480

+31 e
+11'

—4 b

+ 42*1
-1 0 !

752,328

1, 1: 02.000

1,531,569
2 ,2 08,262
1,374.042
785,040
946 373
749,989
813,680
540.000
827,220
308,318
331 827
185,095
45.801,781
807.257,168
878.921,615

13.220.491
6,301,280
1,400,020
829,341
730,934

10,012 990
5 000,000
9^0,011
800,0T0
001,260

22.542,075

17,891,264

-* * r

+21

1202

r H F CHKONICLK.

THE FINANCIAL SITUATION.
The world has never before witnessed a demonstra­
tion like that which occurred in London this week.
There hare of course been many other brilliant ova­
tions to royal parsonages and military heroes, but on
no occasion h i< there been such reverential regard so
prominently in evidence toward a reigning monarch
as among the British people at the celebration on
Tuesday. It was an instance of sincere homage paid
to character, for Qaaen Victoria ha3 proved herself
one of the wisest of rulers as well as one of the truest
and best that ever wore a crown. The large body of
our people mist heartily join in the deep and warm
tribute the Queen’s world-wide empire has this week
so impressively rendered to her.
Usually such a prolonged holiday as London has
observed, with business at that centre greatly re­
stricted in all departments, would have bad a marked
effect in checking operations in Wall Street markets.
The thought which at such a time has generally been
uppermost among traders is how, after the holiday,
will the Loudon operators act in relation to the condi
tions prevalent here ? Incertitude on that point would
naturally lead to caution and consequently arrest any
upward movement and restrict transactions. Nothing
of the kind has marked the course of affairs at the
New York Stock Exchange this week. On the con­
trary, a notable indication of the real strength of the
controlling sentiment is the fact that values, instead of
declining or standing still, advanced materially, while
in London business lias been much as if the Exchange
was closed continuously the early half of the week.
Foreign markets are not just now so situated
as to have the maximum of influence ' on prices
aere,
for they have no largo
speculative
holdings of our securities to sell. Even in­
vestment holdings are smaller than they were
a year and two years ago, but they are still large, and
will under any conditions to-day conceivable continue
to be large. Present holdings were not as a rule bought
to sell; they have been carried through uncertainties
which presumably will not exist again; and since the
judgment in retaining them while others sold has been
proved sound, the holders are not likely under the ex­
isting conditions to let them go. Foreign investors
who use the same caution in buying American securi
ties as in buying their home offerings lose no more in
the one case than in the other, and yet can safely real­
ize about one per cent more income from American
holdings. But when one puts all his money into 4 or 5
per cent bonds at 80, he takes risks; if he has any wis­
dom he will have scattered his investments and
watched them too, and so may make the venture
profitable. Loss though in such a case is not an un­
common experience, no matter in what financial centre
of the world the securities are purchased.
The reasons for the improving sentiment in the
United Stab’s we have many times referred to. In­
deed. if we sum up the existing situation there seems
to he at the moment very little of a disturbing charac­
ter to hi in ter improvement. Confidence, enterprise,
activity, present the natural trend of affairs when
condition- are in a normal state. Some influence
must be cited interrupting this order of things to dis­
prove its coming after a long and severe depression.
During late years the fundamental principle, a prece­
dent condition for healthy development, has been
wanting. Confidence cannot exist when the standard

,V

ol»

LXIV.

of values is threatened ; in 1894 and 1895 it was in
constant jeopardy because of the serious diffi­
culty experienced in keeping the Government
gold reserve from depletion, and the doubt felt
of the continuance of the power of the Govern­
ment in the face of a hostile Congress to carry on
the struggle much longer; in 1890 to this was added
the direct effort of a party to elect a President pledged
to change the measure of values and to enforce by
legislation Populistic ideas. These are all familiar
facts and we only cite them to say that for the time
being their adverse force is suspended ; and if Secre­
tary Gage’s forecast of the Government action is cor­
rect, business interests need never suffer from them
again. In the meantime the Treasury gold reserve is
in such a state as to remove the fear of depletion, the
stock in banks is also large, while production is on the
increase.
Just at this juncture, too, crops, the leading recu­
perative force in this country, are weekly making
favorable progress; especially is it true that spring
wheat and corn in the surplus States give promise of
an abundant yield. It may be said that crops not only
promised well hut were good last year, and yet they
did uot save us from experiencing the most disastrous
season of this depressed cycle; so also were the crops
large, with an active European demand for wheat
and corn at good prices, in 1893 and 1895, without se­
curing prosperity. The reason the natural influence of
abundant farm products was lost in the years named is
fully explained by the facts we have stated above.
Those facts likewise show that the financial strength of
the Government to-day has so far removed or modified
the clanger, which has of late years constantly
threatened the stability of values, that such a catas­
trophe is no longer imminent. No one can affirm as
yet that the danger is wholly a feature of the past.
This, however, can be asserted: if industrial affairs
can he relieved from that irreconcilable foe to enter­
prise—a currency which tends to undermine our
gold standard—the term of prosperity which is open­
ing and now looks so encouraging will only be the
harbinger of a long future uninterrupted cycle of
progress. The promise is that this relief too is to
he secured ; we are glad to be able to feel that there is
good reason for the belief that the promise will be
fulfilled.
In publishing last March (Chronicle of March 13
1897, pages 492 and 493 and pages 499 and 500,) very
extensive tabulations to show the possibilities of saving
to be effected by the railroads of the United States
through refunding their maturing bond issues at
lower rates of interest, we took occasion to point out
that the movement then just inaugurated by the
Lake Shore was likely to extend to other com­
panies, and that as a consequence these re
funding operations were certain to play an importan
part in affairs in lie immediate future. We also sug­
gested the jjossibility that the country as a result of
these operations was about to witness a new era in its
railroad history to bo known as the Refunding Era, in
its way possibly exercising as marked an influence on
the situation as the Consolidation Era which followed
the resumption of gold payments in 1879. The course
of events since then has boon strikingly in accord
with these views. The Lake Shore plan was soon fol­
lowed by that of the New York Central, both prov­
ing notably successful, and now we are able to state
that it is a matter of only a short time when

J cne ?6, 1897.J

THE

C H R O N IC L E .

1203

the Chicago & North Western will be added to the not been able to secure better rates. A few banks
list. The stock market, too, has given evidence that have made call loans on warehouse receipts represent­
the public appreciates the significance of these opera­ ing sugar, tobacco, wool and other merchandise, ob­
tions, with others which are sure to follow sooner or taining about 4 per cent for the accommodation. The
later, for the stocks of properties likely to be favorably demand for time contracts is light for short dates
affected in this way have been especially prominent in and but little business is done for long periods. Rates are
the rise now under way—North Western common 2 per cent for 60 to 90 days, 2-j per cent for four months
shares, for instance, having risen 6f points during the and 3 per cent for five to seven months on good mixed
past week after a substantial rise in previous weeks.
Stock Exchange collateral. Some tax certificates,
The North West. Company has nearly twenty millions running until October, issued by Massachusetts cities,
of bonds which fall due between now and the close of have been discounted at 2^ to 2£ per cent. The banks
1902. These mostly bear 6 and 7 per cent interest, have bought all the choice commercial paper offered,
and one issue even bears 8 per cent interest. The and they have increased their loan lines in anticipa­
question of refunding them has been under considera­ tion of the close of the first half of the year, while the
tion for some time, and it is now expected that a plan trust companies have also been large buyers of paper.
will be ready for submission at a meeting of the Quotations remain at 3 per cent for sixty to ninety
directors to be held early in July. As we day endorsed bills receivable, 3@3-J- per cent for
understand it, the proposition is to author­ first class and 4@4£ per cent for good four to six
ize a long-time mortgage under which bonds month’s single names. Banks having the largest cor­
may be issued at varying rates of interest to take respondence with institutions in the interior note con­
up the entire bonded debt of the company as it tinued inquiry regarding re-discounting from Southern
matures. The first amounts to be put out under this banks, but as the cotton crop will be from two to three
proposed mortgage, it is expected, will be 3£ per cents. weeks late this season, there is no present need of
The rate in the old bonds being, as has already been money. Some of the banks in the West are still
stated, 6 to 8 per cent, it is obvious that the saving in re-paying loans previously made and money is moving
yearly fixed charges to be effected through the re­ to this centre from Chicago, though banks there are
getting from 3 to 3£ per cent for loans upon grain
funding will be important.
Returns of earnings do not as yet showr general im­ warehouse receipts.
The event of the week in Europe has been the cele­
provement. The Milwaukee & St. Paul is presenting
very satisfactory exhibits and so is the Canadian Paci­ bration in London of the Queen’s Jubilee, which has
fic, the Mexican roads and a few others. But the largely interrupted business at that centre. It was re­
gains here are in large part offset by losses by various ported early in the week that Turkey had consented
other roads in different parts of the country, and in to reduce the amount of the indemnity to be paid by
the final result the improvement over last year is found Greece to £6,000,000, and also that the evacuation of
to be quite small as yet. It is noticeable that the more Thessaly had been agreed upon, but those reports have
comprehensive the weekly compilations are (that is the not been fully confirmed. The Bank of England
greater the number of roads included) the smaller minimum rate of discount remains unchanged at 2 per
the percentage of gain. The statement for the sec­ cent. The cable reports discounts of sixty to ninety
ond week of the present month is an excellent illus­ day bank bills in London 15-16 of 1 per cent. The open
tration of this. The preliminary footing for that market rate at Paris is 1£ per cent and at Berlin and
week which we published last Saturday showed 5-60 Frankfort it is 2$@3 per cent. According to our
per cent gain but covered only 29 roads. To-day we special cable from London the Bank of England
complete the tabulation, increasing the number of gained £283,158 gold during the week and held £36,roads to 75, but at the same time reducing the ratio 604,009 at the close of the week. Our correspondent
further advises us that the gain was due to the re­
of gain to only 2-54 per cent.
It is proper to say that the returns of net earnings ceipt of £108,000 net from the interior of Great
frequently prove better than the returns of gross. This Britain and to imports of £175,000, of which £153,000
follows from the general policy of retrenchment which were from, the Cape, £ 11,000 from Australia and
is being pursued. A number of the returns for the £11,000 from Portugal.
The foreign exchange market has been generally
month of May received this week illustrate the tend­
ency. The Central of New Jersey with $12,008 strong this week. There was no change in the range
decrease in gross has $27,190 increase in net, for nominal rates until Wednesday, when Brown
the Georgia Southern & Florida with $6,980 de­ Bros, advanced their figures to 4 87 for sixty day
crease in gross has $14,984 increase in net, the and 4 88£ for sight, making the former uniform
Northern Central with $6,741 decrease in gross has by all the drawers and the range for the latter
$22,086 increase in net and the New York Susque­ from 4 88 to 4 88-2-. There was no change in rates
hanna & Western with $9,071 decrease in gross for actual business during the week, these re­
has only $868 decrease in net. The Allegheny maining at 4 86-(@4 86£ for long, 4 87£@4 87£ for
Valley, with $7,450 increase in gross, has reduced its short and 4 87i@4 87f for cable transfers. The
expenses $1,452, giving $8,903 increase in the net. demand for remittance was good throughout the week,
The Southern Railway added $109,842 to its gross, chiefly for settlements, but there appeared to be a
with an augmentation of only $36,233 in exj^enses, smaller inquiry for bills to remit for sugar. The sup­
ply consisted principally of spot commercial bills
thus producing a gain of $73,609 in net.
Money on call, representing bankers’ balances, has against grain, provisions and silver, and these and
loaned generally at 1 per cent at the Stock Exchange the offerings of drafts made against gold exports
Gold to the amount
this week, with some loans at l^and small lots on Thurs­ were promptly absorbed.
day at 2 per cent; the average has be en about 1| per cent. cf $1,350,000 was shipped to the Continent on Tues­
Some of the banks have been freely offering their day, $750,000 by Kidder, Peabody & Co. through
money at 1 per cent and the trust companies have Baring, Magoun & Co. and $600,000 by Lazard

THE CHRONICLE.

1204

F: ; .
Thf shipments on Thursday were $1,180,000
.
by La/ard Freres and $500,000 by Baring,
Magoun
Co. for Kidder. Peabody & Co. With­
drawals Yesterday for shipment to-day were $500,000
by iieitlelbaeh, h-kolheimer i Co.. $800,000 by hazard
Freres ami $1 .uOO.OOOby L. Von Hoffman & Co. This
makes the total exports of gold for the week $1,800,000.
The following shows the daily posted rates for exchange
by some of the leading drawers.
o U L ir i m i t b d R im * i-o k f o r e ig n k x o h a x o b .

farm*i 60 day*.
ItMuan * Co.. ISlKlit— .
8*n* MUafe
} 00 day*.
K.'.
.
ot
ll&OtJNMfcl........\SlgliW.,
Ofca*4t*J3i Bank j OO day* •
of Co*msxwraeu \Bight....
lek-1 GO days
nlhMmm k Ocm Sight....
M •rchant** Bk. 160 day*.
* « f Oniida.. . *81«fbL..

&

m
m
87
m
87
88
87
m
87
88
87
88
87
88___

m i
bS
87
88
87
88
87
88
87
88
87
88
87
88

f
s 1

Fill..
X os.. ! TCSS.. w b d . Te rm .
FBI.,
June 18 June 2L
June 23, June 24. June 25.

S

87
WH
87
88
37
88
87
88
87
88
87
88
87
83

&
S
II

8?
88
87
88

S

u

87
83
b7
88

s

S

I

u

87
88

B6H
87
88
87
88
87
88
87
88

S
I
I?

8

The market closed easier on Friday, with the posted
rates at 4 ST for sixty-day and 4 88@4 88£ for sight.
Rates for actual business were 4 861 @4 86£ for long,
4 87 i(>/4 871 for short and 4 871@4 87ffor cable trans­
fers. Prime commercial bills were 4 85|@4 86 and
documentary 4 85^@4 854.
The following statement gives the week's movements
of money to and from the interior by the New York
banks.
Week Ending June 25, 1897.

O o ld .... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total gold and legal tenders. .. .

JUcrtved by Skipped by
.V.V . Banks. N. r . Banks.

Net Interior
Movement.

$5,092,000 $1,992,000 Gaiu,$3,100,000
422,000
299.000 Gain. 123,000
$5,514,000 $2,291,000 Gain.$3.223,00t

With the Sub-Treasury operations and gold exports
the result is as follows.
Week Ending June 25,1897.

Into
Banks.

Out of
B inks.

Net Change in
Bank Holdings.

B I n t e r i o r movement,aa above $5,514,000 $2,281,000 Gain. *3,223,000
©perat’n* and gold expta. 16,100,000 19,660,000 Loss. 3,550.000
Total gold and Idgal tenders..... $21,014,000 $21,941,0001 Loss. $327,000

Amount of bullion in principal European hanks.
Jam n , m
B ank of

Oold.

|

S U w r.

J u n e 2 5 , 1890.
J b t a t.

O old.

SU ver.

lo t a l .

SL
l
£
\
£
£
£
£
36.00ft.00$
| 3 3 ,0 0 4 ,0 # 49,150,277
49,166,277
80.2t5.H34 I0 .3 U .1 5 8 129.6flO,OI7 $1,782,185 50,867.652 132,149.737
W p m tm .... ,
tCNcrW 4 M f. . . . . 30J870AQQ 15,902,0c 0 40,772,000 31.291.000 13.728.000 47,019,000
A m d ^ M u ts g *jr 85J889.0W 12.657,0001 47.995.000 27.315.000 12.801.000 40,179,0< 0
JSjN in, . . . . . . .
10,450,000 10,820,000
8.400.000 11,250,000 19.056,00C
WV£it<0tMg}£t!t .
7,080,000
0,070,000
8.038.000 7,080,000
9,005, O'R
2,794.000 1,007,000
4,191,000
4,080,Off
2,090,607 1,345,833
T*§M4$1§ iMM&k 197. M l .- :i|06,7&9.168 204.431,020 203.270.129 08.581,886 301,801,011
W 0 .m
? > •.//> ^'->K«7.4r.p,HYi m j m . s m 20.2, 020,019 f8 .173,»3« 300.8P0.B56

fh e
cTrcw^f'Ei aolcj m n \ s ilv e r ) g iv e n in o u r t a b l e o f c o in
AC I b o 0 ) 0 II in tfae B a n k o f G e r m a n y a m i t h e B a n k o f B e l g iu m is m a d e
th e tw * t eM im a i® w e a r e a b l e t o o b t a i n ; i n n e i t h e r c a s e is i t
n * lm * * l to b e a c c u r a t e , a n t h o s e b a n k s m a k e n o d i a t i n e i i o n in t h e i r
**>} rf ?
mt rt ly r e p o r t i n g t h e t o t a l gold and s ilv e r , b u t wo beih r e ttm
we make in a otono a p p r o x i m a t i s n .

YORK CENTR AL 'S SHOWING FOR THE
FISCAL YEAR.
i :<
m. j:‘ which the New York Central & Hud!; '* r Builroad Company submits for the fiscal
y> or ending dune 80 1897 serves to illustrate the
strength of this important property. In a year of
wii-‘!
*■" considered very unfavorable conditions
1 ' onipfmy t- seen to have earned its 4 per cent divi i‘
ir> f
w>ll>a rinail surplus left over to be carr.."i U, cr„, . red it of profit and loss. The requirements
f,,r ; hc dividends were $4,000,000, and the amount
?r" 1omc • nt of the earnings
of the year was 14,047,000. The result possesses

[Vol,

uxrv\

added significance because under the refunding scheme
there will he a considerable saving in the yearly fixed
charges. This saving as we showed in our issue of April
17 will be about $1,178,000 per annum, equal to over
1J- per cent on the company’s stock, none of which
saving figures in the accounts for the year under re­
view ; in addition the prospects for the coming
year appear at the moment quite bright by reason of
the favorable agricultural outlook and the probabili­
ties of an early revival in trade.
Of course as the year has not entirely expired yet,
the statement is in part estimated, and the figures are
subject to change when the accounts for the twelve
months shall have been audited. Judging from the
past, however, these changes are not likely to alter
the results materially. We have said that the year
was one of unfavorable conditions. This is shown by
the fact that the gross earnings for the twelve months
record a falling off as compared with the twelve
months preceding of a little over a million dollars—
$1,018,000. We all know how deeply disturbed our
industries were from July to November last year as a
result of the silver agitation and the electoral cam­
paign fought out on that issue (business coming
almost to a standstill towards the close of the canvass),
and we also know that the expectations of a sustained
revival in trade of large dimensions after that date
have not as yet been realized. The whole range of
manufacturing industries suffered from this depres­
sion, as well as from the coincident prevalence of low
prices, and the effect must have been to cause a
material shrinkage in many items of the Central’s ton­
nage. In the iron trade, production very materially,
increased when it was seen that the sound money
cause had triumphed, and the same is true also of other
lines of trade; but as the Central lies outside the iron
districts it was not in position to benefit much from
the improvement there, and besides the iron output
later on was again reduced and even at its highest
point fell below the heavy out-turn of the previous
y ear.
In view of all this, it must he regarded as gratifying
that the company did not suffer a- much heavier con­
traction of its revenues. The Central of course
is a property of great size, and in ratio this
loss of a million dollars is only about 2£
per cent. Relatively, therefore, the falling off has
been quite small. The explanation no doubt must be
sought in last year’s excellent crops, enlarging the
volume of the company’s grain tonnage. There had
been a considerable increase already in the grain tonnage
in the previous fiscal year; but we showed in review­
ing the report for that year that even after this in­
crease the amount of the grain tonnage was not as
heavy as it had been in some years in the past. Un­
doubtedly, then, there was a further expansion in the
volume of the grain traffic in the late year, and thus this
circumstance came in to offset in part the losses from
the depression in trade. In other respects the benefits
from last season’s excellent harvests were comparatively
small, as prices in most cases were low, so that the po­
sition of the farming classes was not improved to the
extent that might otherwise have been the case.
It deserves to be noted that towards the close of the
year the returns of earnings began to improve—a hope­
ful sign for the future. In the September quarter the
gross fell $330,606 behind and in the December quar­
ter $739,332 behind, making $1,069,938 for the halfyear, which is thus more than the loss for the entire

JqNE 26, 18S)7.]

THE CHROMCLE.

1205

twelve months to June 30. In the March quarter F isc a l G ross
I n te r e s t
S u r p lu s
N et
N et
or
D iv id e n d s .
there was also a loss, but it amounted to only $150,486, Y e a r s . E a r n in g s . E a r n in g s . R eanntad ls . P r o fi t.
D e fic it.
and was entirely due to a heavy decrease in January—
P . G t.
$
*
*
5
*
*
1 8 7 2.... 25,580,676
9,134,239
1,102,368
7,971,871
7,244.832
+ 7 2 7 ,0 3 9
(S)
February and March both recording an increase. For 1S7S—
29,126,851 11.484,863
1,961,800
9,523,057 (S)
7,136,790 +2,3S6,207
the June quarter there was $203,000 increase, and each 1 8 7 4.... 31.650,387 13,202,089 3,548,734 9,713,355 (S) 7,136,885 +2,576,470
.... 29.027,218 11,765,110
4,425,915
7,339,195 (8) + 7,136,679 + 2 0 2 ,5 1 8
of the three months included in that quarter contributed 11 88 77 56....
2S.M 6.5S8 11,922.416
4,709,340
7,213,076 (8)
7,189,528
+ 7 3 ,5 4 8
1
S
7
7
....
11,632,924
7,140,659 —197,312
26,579.0S6
4,689,577
6,943,347
(8)
to the gain. In brief, then, up to and including Janu­ 1 8 7 8 ....
7,139,528 + 8 9 8 ,9 1 8
28.910,555 12,774,57S
4,730,132
8,038.446
(8)
ary the monthly gross earnings each month showed a 1 8 79.... 28,396,584 12,273,511 4,679,025 7,594,488 (8) 7,139,528 + 4 5 4 ,9 5 8
1 8 80.... 33,175,913 15,326,019
10,569.220 (8)
7.141,513 4-3,427,707
loss; since then the returns have each month indi­ 1 8 81.... 32.348,397 12,883,610 4,756,799
7,892,827
7,138.343 + 7 5 4 ,4 8 4
4,990,783
(8)
1882.... 30,628,781 11,232,807
5,488,903
5.743,904
7,145,513 -1 ,4 0 1 ,6 0 9
(8)
cated a gain.
ias3.... 33.770,722 13,020,12>' 5,692.972 7,327,156 (8) 7,148,132 + 1 7 9 ,0 2 4
These remarks relate entirely to the gross receipts. 1 8 8 4.... 2S,148,6G9 10,299,356 5,030,598 4,668,760 (8)
7,159,644 —2,490,884
8 85.... 24,429,441
2,170,342
8,110,069
5,933,727
(3KS) 3,129,990 —953,648
In the net the results for the year show very little 118S6—
3,577,132 + 1,0 7 2 ,9 6 7
30,506,361 11.895,984
7.245,885
4,650,099
(I)
change, notwithstanding the falling off of over a mill­ 1887.... 35,297,058 12,903,432 7,760,924 5,147,508 (4) 3,577,132 + 1 ,5 7 0 ,3 7 0
30,132,920 11,506,582
7,831,463
3,675,119
3,577,132
+ 9 7 ,9 8 7
(4)
ion dollars in the gross. In other words, the reduc­ iS1838__
8 9 .... 35,696,236 11,985,693
4,117,632 <4«) 4,024.274
7,868,061
+ 9 3 ,3 5 8
1
8
9
0
....
37,008,404
4,024,273
12,516,273
7,853,811
4,662,462
+
6 3 8 ,1 8 9
tion in the gross was met by a large contraction in
1891.... 37,902,115 12,531,263
3,577,132
+ 7 2 ,1 6 7
8,881,964
3,649,299
(4)
expenses. In exact figures there was a decrease of 1 « 9 2 ... 45,478,625 14,339,512 9,805,831 4,533,63 (5) 4,471,415 + 62,210
46,930,693 14,044,818 10,035,63<> 4,559,186
+ 8 7 ,7 7 1
4.471,415
(5)
$1,018,000 in gross earnings and a decrease of $916,000 11893....
8 94.... 43,678,200 14,109,794 10,307,308
3,802,486
4,58-,826
- - S 6 .3 4 0
(5)
1
8
95....
42,489,53'
13,679.094
1
,2
1 7 ,6 7 7
10,556,030
3,122,414
4,339,991
in expenses, leaving only $102,000 decrease in the net.
(4JO
1896.... 45,144,967 14.689,597
4,043,793
4,0<“0,00
+ 4 3 ,7 9 3
(4)
It is because the loss in the net was so small that the 1897 §.. 44,127,000 14.587,000 10,645.604
4,000,000
4,047,600
+ 4 7 ,0 0 0
10.540,000
(4)
final result for the twelve months has been so satisfac­ * B e g i n n in g w i t h 1 8 9 0 f is c a l y e a r c o v e r s t h e t w e l v e m o n t h s e n d i n g
tory, enabling the company to show its 4 per cent tJhuen eR o3 m0 ;e pWr eavtei orutos lwy nt h&e Ot wg ed levnes bmuor gn tahrse einn dc ilnu gd eSd espiut. c3e0M. aOr cphe r1a4ti, o1n8s9 o1 f.
dividends earned in face of the adverse conditions O Jc iton b etr,h i 1s 8 8t e4 a, rd i vt hi de emn de tho fo dl ^o fp ec rh acregni t,n gw dhivic ihd ue nn ddse rwtha se cohlda n ag rerda, nt gh ee ­
h a v « c o n e o u t o f th e 1 8 84 -8 5 e a r n in g s , b e i n g c h a r g e d t o
enumerated above. It becomes important therefore amcecnutm wu lao uteldd in
c o m e , a n d th e n e x t f o u r q u a r te r ly d iv id e n d s , a g g r e g a t ­
in
g
3^2
p
e
r
c
e
n
to look into the character of this reduction and see theD b e e n re g urla, crhlya rpguersd ut oe dt .h e 1 8 8 4 - 8 5 e a r n i n g s , t h i s p l a n h a v i n g s i n c e
whether it is merely the result of unusual economies § P a r t l y e s t i m a t e d .
in operating, or whether there was a basis for it in
Ha w a i i a n a n n e x a t i o n .
exceptionally heavy expenditures in the previous year.
The latter would appear to be the true explanation.
The treaty between our Government and the Gov­
In fact a contraction in the expense accounts for ernment of Hawaii by which the Hawaiian Islands
1896-7 was clearly foreshadowed in our analysis of the agree to become a territory of the United States was
expenditures for 1895-6, as made in an article printed submitted to the Senate last week Wednesday. We
in the C h r o n i c l e of October 3, 1896, pages 580 and commented briefly on the proposition in our
581. We found in this analysis that expenses in “ Financial Situation ” of last Saturday. Since then
1895-6 had increased $1,645,127 as compared with the treaty has been referred to the Senate Foreign
1894- 5, but that of that amount only $6,286 was underAffairs Committee, and it has been publicly stated by
the head of traffic expenses, notwithstanding the the Chairman of that committee and by other Senators
volume of the company’s business had greatly ex­ that no effort towards ratification will be made in
panded. On the other hand, under the head of main­ the pending session. The matter will go over, ap­
tenance of way there was an addition of $930,706, parently with the agreement of the Executive, until
and under the head of maintenance of equipment an next year. Since the text of the treaty was submitted
addition of $387,549. Proceeding further it was found thus far in advance of the period set for final consid­
that the company had spent $867,461 on rail renewals in eration, we assume that its authors have purposely
1895- 6, against only $207,557 in 1894—5, and that the invited fair and free public discussion of the question.
outlays for repairs of track and roadway had been It is our present purpose to set forth, as impartially
$1,968,818 in 1896, against $1,630,077 in 1895. After as possible, both sides of the problem; to inquire what
setting out these facts, we added: “ One of the com­ advantage we should actually gain by annexing these
pany’s officials informs us that during the last three Sandwich Islands and what risks, if any, we should
years 150,000 tons of new steel rails have been put in incur by it.
The arguments in favor of annexation are clearly
the track, mainly 80 lbs. to the yard, and that the
entire two freight tracks from Albany to Buffalo are stated in President McKinley’s message of transmittal
now laid with 80-lb. steel rails. This is very import­ to the Senate, and in Secretary Sherman’s accompany­
ant in its bearing on the future, for the work of put­ ing report to the President. Annexation, Mr. McKin­
ting down heavier rails has now been substantially ley affirms, is “ the necessary and fitting sequel to the
completed, so that the outlays on that account will chain of events which, from a very early period of our
history, has controlled the intercourse and prescribed
be materially reduced hereafter.”
In the light of this analysis and these remarks, there the association of the United States and the Hawaiian
is nothing surprising about the reduction in expenses Islands.” The President mentions the treaty of friend­
in the year under review. The volume of business in ship and commerce between the two States in 1826, the
the first place must have been smaller (diminishing intervention of this country against a British naval
the cost of transporting the same) and in the second seizure (never, however, authorized by the British
place the operating cost in 1895-6, as we see, included Government) in 1843, the offer of annexation by the
certain unusually large outlays, clearly exceptional in Hawaiian authorities in 1851, the reciprocity treaty of
character, and which it wa3 seen at the time would 1875, and the cession of Pearl Harbor to the United
States in 1884. From these various episodes in history
not be repeated in 1896-7.
We append the following table showing the yearly the President concludes that annexation, “ despite
results of the Central’s operations since 1871. No successive denials and postponements, has been merely
comment is necessary, as we have often in the past a question of time.”
Mr. Sherman’s argument is more elaborate. The
noted the changes disclosed as well as the reasons for
Secretary assumes that existing conditions in the Hathem.

1206

THE CHRONICLE.

kalian Islands ami in the relations-of these islands to
the Vcited States art* of a character a'hid) can hardly
he permanent. The reciprocity treaty, for example,
•hough it "bus outlived other less favored reciprocity
m k-iur-", has at times “ been gravely imperiled." To
enter on .• •aipi. te commercial union under such con­
ditions. “ without assurance of permanency and with
perpetual subjection to the vicissitudes of public sen­
ium itt in tin two countries, was not to bethought of.”
V formal protectorate, on the other baud, was likely
to tic unduly burdensome to the protecting State,
whih an attempt to introduce tributary relations
“ would he a retrograde movement towards feudal or
colouial establishment.” Therefore a treaty of com­
plete absorption of governmental functions by the
United States, under the general practice of our terri­
torial domains, has been prepared.
From this summary of the two State papers explain­
ing the need for an annexation treaty, it will be seen
that the fundamental argument advanced is that
Hawaii is certain to come under our control and that
therefore the single question is, how best to adjust
the future relations of the countries. Neither the
President nor Mr. Sherman makes any reference to
the argument most used in popular discussion of the
question—the strategic value of the islands in the con­
ceivable event of naval war. We presume this argument
•i a>. deliberately omitted in view of the semi-diplomatic
nature of the documents. It was eqnally omitted in
the Stare papers laid before the Senate February 16
1
when the first Hawaiian annexation treaty was
proposed. The argument ought nevertheless to be
carefully considered : it will, beyond any question, he
the pivot of next winter’s Senatorial debate. It
has, moreover, been somewhat emphasized by another
passage in Mr. Harrison’s annexation message
of iso;-:. “ It is essential'5, the President then declared,
‘That none of the other great powers shall secure
these islands"; and he added that “ such a possession
wo aid not consist with our safety and with the peace
of the world.” This point, too, will undoubtedly be
revived in subsequent debate this year; it is already a
favorite theme in newspaper comment on the subject.
Summing up, then, the points advanced in favor of
Hawaiian annexation, we tind them to he four in
number: first, the gravitation of the islands towards
our Government, a movement which, it is assumed,
mo-! end in closer union; second, the danger, real or
imaginary, of annexation by some other foreign power;
third, the value of Hawaii as a ‘-naval key” to the
Pacific; and. fourth. Ihc impracticability of any per­
manent control by the United State® except through
actual absorpt ion.
*>ranting the full force of these various arguments,
nted fully and fairly,
remain.' to state the arguments advanced by the op!'* !.• or- of annexation. On that side of the question
n t. aliened, to begin with, that both the State papers
.■mummed last week. Wednesday, assume instead of
i’rfn” 'hi m a m question at issue, that annexation is
necessary and fitting sequel to the chain of
v,'nt’ vine)! preceded the submission of the treaty.
A* regard* the danger of seizure of the islands by ano?her power, a matter of considerable interest, oppoh‘
f><annexation do not agree with President llarfwon - declaration that foreign possession of Hawaii
' * '* h"' >->>’r-i-1 with our safety and with the peace
Against this theory they point
re,, i i'.nadii, Newfoundland, Cuba and Bermuda—all

IVOI, LXIV,

of them points of .immense strategic value in a con­
ceivable emergency, all of them for a century past
controlled oy foreign powers, and yet none of thorn,
during the whole existence of our Government having
become a menace to our safety, or to the peace of the
world. Besides, even granting Mr. Harrison's conten­
tion, the anti-annexationist replies that possibility of
foreign occupation in no respect involves necessity of
occupation by our Government. If the Monroe Hoctrine has any application in these days it would prop­
erly apply in case of seizure of the Hawaiian Islands.
Diplomacy might therefore quite as readily ward off
such foreign interference with the Island State as it
-would certainly ward off similar foreign occupation of
a Central American republic.
Nor do opponents of the annexation plan accept the
naval argument as by any means conclusive. In a
war involving the supremacy of the Pacific, we have,
to begin with, the immense advantage of our own well
populated \\ estern coast. \\ e possess already, by a
permanent concession, a coaling station in Hawaii
sufficient for our purposes. It is perhaps contended
that unless the T3nited States takes actual possession
of the islands as a whole, both they and the Pearl
Harbor station would be seized by a naval antagonist.
But to this the anti-annexationist replies that absorp­
tion by the United States would in no respect alter
the problem. A naval State at war with us would
certainly not hesitate to seize and occupy the
Sandwich Islands merely because they had be­
come a part of the United States.
Annexed
or unannexed, possession of the islands in such con­
ceivable emergency would depend entirely on the suc­
cess or failure of the Pacific navy. More than this, it
is affirmed by opponents of the plan that with Hawaii
an integral part of the United States, our problems in
the case of war on the Pacific would he much more
serious than they would be under existing con­
ditions. With Hawaii independent, we should merely
have to do our best for an ally : with annexation for­
mally completed we should be face to face with the
very serious problem of protecting our own territory
from invasion. Finally it is urged in opposition that
annexation in this case involves a new departure in the
policy of the Government, the acquisition of an island
2,000 miles distant from our coast, and consequently a
precedent which may prove troublesome.
Such are the arguments for and against the annexa­
tion treaty. Wo are content to leave to our readers
judgment as to the relative merits of the annexation­
ists and of the opposition. What is of the highest
actual consequence is the honest study of this question
by the people. If they make up their minds between
now and the regular session next November that Ha­
waiian annexation would be rash and unwise, the
islands will not he annexed. If sober and intelligent
public judgment, on the other hand, approves the
absorption of these islands, the Senate will undoubt­
edly ratify the treaty. Indeed, the deliberate post­
ponement of their action for six months or more is, as
we suggested to begin with, equivalent to formal invi­
tation for the expression of honest popular opinion.
We wish, however, before, dismissing the subject, to
point out one other phase, of the annexation, plan
which ought to receive especially serious considera­
tion. Secretary Sherman's report has justly indicated
the impracticability of converting Hawaii into a
colony. We are utterly unfitted, from the nature of
our Government, to maintain such dependencies,

J une 26, 1897.]

THE CHRONICLE.

whether in tributary relations, such as (Juba holds to
Spain, or under the less exacting but still formal bonds
connecting Newfoundland, for example, with Great
Britain. The Administration is therefore right in
arguing that if there is to be an actual bond of
formal union between Hawaii and the United States,
it cannot logically be any union short of actual
absorption.
But this conclusion does not end the problem. The
treaty as submitted merely states (Article III.) that
“ until Congress shall provide for the government of
such islands, all the civil, judicial and military powers
exercised by the officers of the existing Government
in said island shall be vested in such person or per­
sons, and shall be exercised in such manner as the
President of the United States shall direct.” This
clause contemplates obviously enough a form of gov­
ernment such as is now applied in what we call our
territories. But is such a form of government, when
applied to such a community as Hawaii, any more
practicable as a permanent institution than the colo­
nial establishment would be ? Would the territorial
administration of a group of islands so far distant
from the American Continent be different in any
actual regard from an English colonial administra­
tion ? Or to put the question more directly, would it
he possible to keep Hawaii, during any considerable
length of time, part of the Union without the priv­
ileges of a sovereign State ?
No one, we think, will question the statement that
during the decade past our national tendency has
been altogether away from the maintenance of territo­
ries. Rightly or wrongly, wisely or unwisely, the
seven or eight communities which existed under a ter­
ritorial government nine years ago have been, one
after another, admitted to the equal powers and privi­
leges of States. Both political parties have sanctioned,
by their action when in power, this disposition of the
matter. The few communities which still remain out­
side the group of States are pressing for admission;
apparently, the sparseness of their population is the only
argument which at Washington has weight against
them.
Could Hawaii, in the face of such recent and sugges­
tive precedent, be kept for any length of time under
a territorial government ? We cannot help regarding
such continuance as very doubtful. The Hawaiian
Islands number to-day a population of some 90,000, a
larger population than that of Wyoming, Idaho or Ne­
vada. Ha ving, moreover, exercised self-government with
more or less success during four years past, it would
surely show a curious change in human nature if the
dominant party at Honolulu, having once obtained
admission to the Union, were to give up hope of
further promotion to the rights of Statehood. The
case of Louisiana, Florida and Alaska, cited as in­
stances in point, is in reality not at all analogous.
The two first-mentioned States were geographically
integral parts of the United States domain; when the
nation acquired them they were almost as sparsely
settled as Alaska is to-day; they had in fact been nni mportant colonies of foreign powers ; the territorial
government was therefore properly adapted to their
needs, pending their growth in homogeneous popula­
tion. Conditions in Hawaii are as different as can be
imagined.
If, then, the problem of admitting Hawaii, after due
delay and consideration, as a State, with all the powers
of Statehood, is a certain sequel to the annexation

1207

movement, the annexation problem must to some ex­
tent be judged in the light of such a certainty. Do
we wish Hawaii as a State, with two Senators in the
Upper House and at least one Representative in the
other branch of Congress ? Of the country’s 89,990
population in 1890, 34,436 were native Hawaiians, and
hence an alien race, 6,186 were half-breeds, 15,301
Chinese, 12,360 Japanese, 8,602 Portuguese and only
1,928 Americans. We confess that such a showing
does not predispose us to look with satisfaction on the
possibility of Statehood. It is well known that the
present Government at Honolulu has maintained it­
self only through absolute denial of the suffrage to a
vast majority of the inhabitants. Could such exclu­
sion be maintained under the precedents of the United
States?
This view of the question arouses misgivings so
serious that we trust it will receive the disinterested
thought', both of our public men and of our private
citizens, before the Senate passes finally on the annex­
ation question. The problem has been honestly and
ably stated by a public man whose present position
gives his words peculiar weight. Secretary Sherman
wrote in 1895, in concluding the second volume of his
“Recollections”: “I hope that our people will be con­
tent with internal growth and avoid the complications
of foreign acquisitions. Our family of States is already
large enough to create embarrassment in the Senate,
and a republic should not hold dependent provinces or
possessions. Every new acquisition will create embar­
rassments. * * * The Union already embraces
discordant elements enough without adding others. ’
Certainly the discordant elements which would come
with the progress of Hawaii towards Statehood rights
is a factor worth considering,
R I G H T OF N A T I O N A L B A N K S TO D E A L
OR I N V E S T I N STOCKS.
One of our readers has called our attention to an
important decision handed down by the United States
Supreme Court last month, touching upon the
right of national banks to deal in stocks or to acquire
ownership in the shares of other corporations. The
opinion was delivered in the case of a California
bank, where it was sought to hold the bank liable as
the owner of a certain number of shares of a failed
savings institution. In its defense the bank set up
the plea that the acquisition of these shares had been
without authority, and that under the national bank­
ing law a national bank has no power to become a
stockholder in another corporation. This plea was
overruled in the State courts, but is now sustained by
the Federal Supreme Court.
We cannot believe that instances where national
banks make it a practice to deal in stocks by purchase
and sale are very common. Nevertheless, it is im­
portant to know how the courts would look upon
transactions of that character. The case under con­
sideration was that of the California National Bank
versus Kennedy. The action was commenced in the
Superior Court of the County of San Diego, State of
California, against the California Savings Bank and
other defendants, including the California National
Bank. A judgment was sought against the savings
bank for the amount of certain deposits of money
alleged to have been made with it on specified dates,
and a recovery was asked against the other defendants
upon the ground that they were stockholders in the

THE CHRONICLE.

fVon. LXIV.

und clear, however, the Court asserts, that a national bank-

■ . .u~r ijtn iic. liable under thfi laws ©I California to
. sv 11st' deb:-; of the -avujgs bank in proportion to the
jiyuunt ,.{ rito./k held and owned by each stockholder.
The circumstances of the case were peculiar. It
■uoM-ar- that the savings bank began business in Janu­
ary itfHh and that its stock was originally distributed
Htuong five persons, of whom all but one were direc­
tors of the national hank, three of them also being
officers of the bank. These persons evidently were
>ot acting in their individual capacity, and subsetiUcntlv transfers were made and a certificate issued in
; he name of the hank. In December 1890 and January
i'o l dividends of 5 per cent were declared and paid
on the stock of the savings bank, the California
National Bank upon each occasion receiving its divi­
dends the same as other shareholders. Towards the
dose of 1891 both institutions suspended—the savings
bank November 121891, the national bank December 29
1sal. The Court sustained the averments of the com­
plaint and adjudged the national bank to be the holder
of '.'’.hi shares of the stock of the savings bank and res­
ponsible to the creditors of the same in that proportion.
It was contended on behalf of the national hank that
the issue of the stock to it was void, because not shown to
have been acquired pursuant to authority of its board of
directors, and also because the stock was not taken in
the ordinary course of the business of the bank as
security for the payment of a debt or otherwise. It
was also contended that error had been committed in
admitting the certificate of stock in evidence and
holding the national bank liable, because the latter,
being a corporation under the banking laws of the
United States, could " not in law become a stock­
holder or incorporator in any other corporation.”
The motion for a new trial having been overruled, an
appeal was taken to the Supreme Court of the State,
by which the judgment was affirmed, and then the
appeal to the U. S. Supreme Court followed, where
the whole case has now been reviewed.
Justice White, in delivering the opinion of the
Court, after stating that the suggestion as to a want of
jurisdiction was without merit, said that the case in­
volved two questions: (1) Do the statutes of the United
States relating to the organization and powers of na­
tional banks prohibit them from purchasing or subscrihing to the stock of another corporation ? And
<2s if a national bank does not possess such power,
can the want of authority be urged by the bank
defeat an attempt to enforce against it the
liability of u stockholder? As to the first quesiton the Court says it is settled that the United
States statutes constitute the measure of the authority
of liu- national banks and that these institutions can
cot rightfully exercise any powers except those ex|.r.—-ly granted or which are incidental to carrying on
the hn-ine-.fi for which they are established. No expn -:- power to acquire the stock of another corpora­
tion i- conferred upon national banks. It has been
h' Id, though, that as incidental to the power to loan
money on personal security a bank may, in the usual
i
of doing such business, accept stock of another
corporali<m a* collateral, and by the enforcement of
r‘?b: > as pledgee it may become the owner
”■ ’iu (••dintora! and be subject to liability
a* "’ w r 'O'- kholders.
So also a national
may be '-onceded to possess the incidental power
<j. accepting ;n good faith stock of another corporaewnrity for h previous indebtedness. It is

does not possess the power to deal in stocks. The
prohibition is implied from the failure to grant the
power. It was admitted at the trial that the stock
of the savings bank was not “ taken as security or
anything of the kind ” and it is not disputed in the
argument at bar. Justice White says, that the transac­
tion by which the stock was placed in the name of the
bank was one not in the course of the business of
banking, for which the hank was organized.
It being thus obvious that the transfer of the stock
to the bank was unauthorized by law, the second ques­
tion comes up, namely whether the fact that wider
some circumstances the bank might have legally
acquired stock in the corporation—whether this fact
estops the bank from setting up the illegality of the
transaction? Justice White shows that whatever di­
vergence of opinion may arise regarding that point
from conflicting adjudications in some of the State
courts, in the U. S. Supreme Court the question has
been settled in favor of the right of the corporation to
plead its want of power—that is to say. to assert the
nullity of an act which is an ultra vires act. After
citing a long line of cases which recognize as sound
doctrine that the powers of corporations are such
only as are conferred upon them by statute, he quotes
the following paragraph from the opinion of the Court
in the case of the Central Transportation Company
versus Pullman’s Palace Car Company : “ A contract of
a corporation, which is ultra vires in the proper sense
(that is to say, outside the object of its creation as de­
fined in the law of its organization, and therefore- be­
yond the powers conferred upon it by the legislature),
is not voidable only, but wholly void and of no legal
effect. The objection to the contract is not merely
that the corporation ought not to have made it,
hut that it could not make it.
The contract
cannot be ratified by either party because it
could not have been authorized by either. No
performance on either side can give the unlawful
contract any validity or be the foundation of any right
of action upon it.” The subjoined extract from Mc­
Cormick vs. Bank is also given, explaining the doc­
trine of ultra vires: “ The doctrine of ultra vires, by
which a contract made by a corporation beyond the
scope of its corporate powers is unlawful and void, and
will not support an action, rests, as this Court has
often recognized and affirmed, upon three distinct
grounds: The obligation of any one contracting with
a corporation to take notice of the legal limits of its
powers; the interest of the stockholders not to be sub­
ject. to risks which they have never undertaken;
and, above all, the interest of the public, that the cor­
poration shall not transcend the powers conferred
upon it by law.”
The doctrine here enunciated Justice White points
out is the same as that which obtains in England.
Hence, applying these principles to the case under
reyiew the result is free from doubt. The power to
purchase or deal in the stock of another corporation,
as already said, is not expressly conferred upon na­
tional banks, nor is it an act which may be exercised
as incidental to the powers expressly conferred. A
dealing in stocks is consequently an ultra vires act.
Being such, it is without, efficacy. Stock so acquired
creates no liability to the creditors of the cor*,
poration whose stock was attempted to be trans­
ferred. In conclusion the Court, says the claim
that the bank, in consequence of the receipt by it of

J one 25, 1897.]

THE CHRONICLE.

1209

dividends on the stock of the savings bank, is Ithe lines which maintained schedule tariffs suffered
estopped from questioning its ownership and conse­ because of the acts of those which did not.
quent liability, is but a reiteration of the contention
The one favorable factor of large importance was
that the acquiring of stock by the bank under the the crop situation. By this we mean that the country
circumstances disclosed was not void, but merely had an abundant harvest in 1896 following an equally
voidable. It would be a contradiction in terms, abundant harvest in 1895, though all sections were by
declares Justice White, to assert that there was a no means equally favored in this respect. These large
total want of power by any act to assume the liability, crops did not bring general prosperity to the agri­
and yet to say that by a particular act the liability re­ cultural community, for prices in many instances were
sulted. The transaction being absolutely void, could extraordinarily low. But the excellent harvest had, at
least one beneficial effect as far as the railroads were
not be confirmed or ratified.
concerned : it gave them a large grain tonnage. The
influence of that factor in the case of the trunk lines
T H E H A L F - Y E A R L Y S T A T E M E N T S OF TH ju may be judged from the grain deliveries at the sea­
V A N D E R B I L T W E S T E R N ROADS.
board. There had been a very substantial increase in
The half-yearly exhibits (in part estimated, of these seaboard receipts last year, the total for the
course,) of the Lake Shore & Michigan Southern and period from January 1 to June 20 having risen from
the Michigan Central both show smaller gross earn­ 51 million bushels in 1895 to nearly 88£ million bushings than for the corresponding six months of last els in 1896. The present year there was a further inyear, and in this reflect on the whole pretty accurately crease to 154f million bushels. To this further
the conditions which prevailed as far as this class of increase in 1897 wheat did not contribute, the receipts
roads is concerned. The trade situation was satisfac­ of that cereal having fallen off somewhat, thus reflect­
tory in neither year. Last year, as will be remem­ ing the smaller wheat crop. But there was an aug^bered, while there was still considerable activity in mentation in the receipts of flour (the total rising from
January (the revival caused by the Morgan-Belmont 5,883,980 bbls. in 1896 to 7,465,655 bbls. in 1897),
contract in 1895 with the Government not yet having against a falling off in the previous year.
spent its force), after that the situation grew steadily
Obviously, therefore, this larger grain tonnage has
worse, owing to a variety of causes, but mainly to the played an important part in maintaining the revenues
progress of the free silver movement in the political of the roads in face of the falling off in the merchan­
world. This year it would be difficult to say whether dise and manufacturing tonnage on account of the
the trade situation had grown better or worse during hard times. On the Michigan Central, which road is
the six months, but this much is certain, the coun­ very little dependent on the condition of the iron
try all through has been on a much lower plane of trade, the gross revenues have been nearly equal to
activity.
those for the six months of last year, when there was
The Lake Shore, on some of its branches, is affected a fair increase over the year preceding—-that is to say,
by the state of things in the iron trade. The condi­ the gross for 1897 is $6,554,000 and in 1896 was $6,620,tions in that industry will serve as a guide to the situ­ 000 ; on the other hand, in the case of the Lake Shore,
ation generally. Taking the reports of the “Iron where the mining and manufacturing tonnage is quite
Age” of this city as a basis, the production of pig prominent, the falling off has been more marked, the
iron last year was 207,481 tons per week on January 1 total of the gross for 1897 being only $9,619,214
and 180,532 tons per week on July 1. This year the against $10,125,890 for 1896, the decrease thus being
capacity of the active furnaces on January 1 was only over half a million dollars or about 5 per cent. The
159,720 tons per week, on April 1 it had increased to 173,- following furnishes a comparison of the Lake Shore
279 tons, and on June 1 it was down again to 168,380 half-yearly returns back to 1871.
tons. It will be observed that at the highest figure
LA K E SH O R E it M IC H IG A N SO U TH ERN .
in 1897 the production was very much smaller than at
I n te r e s t
O p e ra tin g
N et
Gross
and
S u r p lu s .
J a n . 1 to J a n e 30.
the lowest figure in 1896 during these six months. And
E a r n in g s . E x p e n s e s E a r n in g s .
R e n ta ls .
a n d T a x e s.
speaking of our industries generally it maybe affirmed
t
$
t
t
* .
that business the present year, through the whole six 1871........................................ 7,019,612 4,518,994 2,500,618 1,000,000 :1,494,018
1,020,0 0
2,795,362
8,404,179
5 ,0 6 ', 817
1872........................................
1,775,302
months, was at an exceedingly low ebb.
1,3 7,000
2,849,830
9 ,' 97,649
6,947,819
1873........................................
1,522,830
Nor was the situation as to rates altogether satisfac­ 1 8 7 4........................................ 8,651,501 5,*10,238 3,041,266 1,504,000 1,537,206
l , 4 f 5,0u0 d ef.7 4 ,0 8 0
1.330,920
0,920,427
5,589,507
1875........................................
tory. This year, as last year, the Joint Traffic Asso­ 1876...................................... 0,887,300 4,081,144 2,200,160 1,380,000 820,160
1,387,810
1,073,047
6,101,107
4,78H,120
285,247
ciation proved a powerful agency for good. The de­ 1877........................................
1,3 9,000
0,590,092
2,426,519
4,169,578
1878........................................
1,007,519
cision of the United States Supreme Court in the 1879....................................... 0,932,292 4,335,218 2,597,074 1,377,3)0 1,219,774
1,375,000
9,072.993
4,083,784
1,381,209
1880........................................
3,014,209
Trans-Missouri freight cases exorcised only a moment­ 1881........................................
1,302,000
8,454,926
5 ,2 '5 ,1 0 4
3,009,7. 2
2,307,762
1,616,949
1.0 7 0 ,(96
ary unsettling influence as far as this Association was 1882......................... ............. 7,952,721 5,359,676 2,593,045 1,749,4-13
3,490,204
9,219,171
5,722,907
1,740,801
1 8 8 3 ............................ .........
concerned; after taking time for reflection it was de­ 1884........................................ 7,220,305 4,4 91,290 2,729,075 1,800,3 5 808,740
1,933,728 d e f.8 4 ,1 9 0
1,899,538
0,487,654
4,588,1 6
1885........................................
cided to continue work along the old lines until the 1886........................................ 0,933,082 4,485,985 2,447,697 1,850,490 591,207
Court should have an opportunity to pass upon the le­ 1887 ...................................... 8,644,330 5,004,138 3,570,198 1,8 iO ,’00 1,740,198
1,8)4,307
5,384,222
3,283,007
8,667,889
1,479,360
1888........................................
gality of this particular Association. Thus what might 1889........................................
1,711,625
5,944,721
2,884,9 6
8,829,696
1,173,350
1,6 >6,920
0,958,559
2,965,291
1,278,305
1890........................................
9,923,850
have become a serious disturbing element (for in the 1891........................................ 9,550,047 6,609 009 2,911 038 1 /8 0 ,0 0 ) 1,261,038
event of the dissolution of the Association it would 1SJ2.................................. .. 10,678,656 7,417,8 .0 3,200,706 1,08 *,000 1,580,760
8.378,670
3,137,910
1,080,000
1,757,910
1893........................................ 11,810,5 0
have been practically impossible to prevent general de­ 1894........................................
3,201,\’42
1,080,000
6, ’ 95,08‘i
1,521,242
9,390,32*
moralization in rates) was averted. On the other 1895........................................ 9,6 3 993 0,432,277 3,231,710 1,080,000 1,551.716
3,190,052
0,929,238
1,681,000
1,510,052
1896.................................. ..
10,125,8 0
hand, complaints of the surreptitious cutting of rates 1897*...................................... 9,619,214 0,445,175 3,174.039! 1.680,0 Mi 1,4 9 4 ,03
below the scheddes fixed by the Association have been * R e s u l ts f o r J u n e p a r t l y e s t i m a t e d .
There is no occasion to say much as to the changes
this year much more numerous than they were last
year, and for these complaints there is reason to be­ in the net earnings, since these have in recent years
lieve there was some foundation—the result being that been kept within narrow limits, and it is so plainly the

THE CHRONICLE.

1210

[ VOL. LXIV.

mem to vary the expenses accord­
i f ay.
1 L wtos. e n d . M a y 3 1 .
•tf tf n iitn
o f d u t y ....$ 2 4 ,7 8 8 ,2 1 2
$314,627,072
ing to the size of the gross feeelpte—spending liberal­ 1 8 9 5 - 9 6 .—I m p oCr tus t—) aFbrleee.........................
3 2 ,1 7 2 ,6 1 7
37-1,933,862
ly when earning* are good and restricting outlays when
T o t a l .................................................. $ 5 7 ,2 6 0 ,8 5 9
$723,560,931
earning are poor, and always putting all earnings in E x c e s s o f e x p o r t s ..................................... * 9 ,3 0 7 ,1 0 4
$92,340,133
GOLD COIN ASH BULLION.
ex., ,-f the amounts required for the eustbmary
E x p o r t s .........., .............................. $ 9 ,1 6 6 ,7 1 1
$32,488,511
dividend* t*a* k into the property in the shape of iin- 1 8 9 6 - 9 7I.—
5 5 9 ,9 5 8
m p o r t s .................................................
80,759,482
pr.oements. For the six years from lSf»$ to 189? in­ E x c e s s o f e x p o r t s ........................................... $ 8 ,9 0 6 ,7 5 3
...............
f I m p o r t s ...........................................
$48,270,938
clusive the gross earnings of the Lake Shore for the E1 8x 9c 5e -s9s 6o.—E
x p o r t s ............................................ $ 1 9 ,1 0 3 ,9 1 3
$105,394,070
Im
p
o
rts
..........................................
601,198
30.882,818
period from January to dune have varied between
and *11.810,580 ns the extremes—a differ- E xcess of e x p o rts ...................................... $18,499,415
$74,511,252
COLD IN ORB.
enor of nearly V’ million dollars. During the same 1896-97.—E x p o rts ....................................
$1,260
$246,728
Im p o rts..........................................
389,118
3,160,671
six years tlm vuriarioH in the net has been but a trifle
...................
$387,858
$2,913,913
©ver a quarter of a million dollars, the totals having Exocss of Im p o rts ...
rts ,.
...................
$7,022
$87,341
been
for 1*92, 93.4S7.910 for 1893, *3,201,- 1896-96I m- pEoxrpt so......
..................
lo 7 ,2 7 6
1,647,241
212 for 1894. *3,231.710 for 1895. *3,190,052 for 1896 E xcess of im p o rts . . . . .
..................
$100,251
$1,559,900
S IL V E R C O IN AND B U L L IO N .
and *3,174,039 for 1897.
E x p o rts ___
$55,944,143
.................... $4,387,312
In the ease of the Michigan Centra!, the net during 1896-97.—
...................
766,704
10,025,823
Im p o rts............
the last five years has been almost stationary having E xcess of e x p o rts ..................................... $3,570,638
$45,918,320
96.—E x p o rts ................................. $5,159,130
$55,515,178
been *1,765,000 for 1893, *1.740,000 for 1894, *1,730,- 1895- Im
11,930,299
p o rts..........................................
564,332
000 for 1895, *1.710.000 for 1896 and *1,749,000 for E xcess of e x p o rts ..................................... $4,594,798
$43,584,879
18!C. The fact. too. that under the policy in force
8 II.V E R IN O R E .
$915,632
o r ts ................................
$12,200
the course of the net is a matter of no very great mo­ 1896- I9m7 p. -oErtsx p..........................................
17,514,269
1,990,080
ment was emphasized by the action of the Boards of E xocsb of i m p o r t s ....______ ________ $1,977,880
$16,598,637
Dim-tors of the several companies in declaring the 1895-96.—E x p o rts ....................................
$35,307
$583,346
14,280,690
1,386,140
Im p o rts ....... ....................
regular dividends last week without waiting for the
$ t.3 5 0 .3 3 3
*13,677.344
submission of the usual semi-annual statements, as was E xcess of im p o rts ........................
the custom in other years. The results for the 2 i l 0 U « l a T S g f f i o m m j e T c t a l S u 0 l t s i x B e t » s
Mi. cigar: Central are shown in the following back to
L o n d o n , S a t u r d a y , June 13, 1897.
188". For the years prior to the consolidation of the
[F ro m o u r ow n c o rre sp o n d e n t.]
Michigan Central and the Canada Boutheru wo have
Business has been very quiet upon the Stock Exchange aD
combined the statements of the two companies.
the week, partly because the social celebrations of the Qut en's
MICHIGAN CENTRAL AND CANADA SOUTHERN.
hit crest
To
To
Net
CrTOSX Operating
and
u
SU*J>(t«. Michigan Canad »
Burning* Expense# Earnings
J 'm m .
Rentals,
Central, Southern.
and Taxes.
$

#

m m ,,,.

0. 506,000

X 8 8 L ...

<U&9.000

asbc.... h jm jm
m „ , <5,740,000
m . . . 5,6503,50
4,073,000
3BS&..J Mfe.ooo
1 S 8 7 ..„ tMmxm
IW „ .
x m ....
v m .... 63w,m*
ss»u.* 6,965.000,
MBS.,,. 7,*42.000
1*3.... 7,550,000 j
vm.,.,. a.i«»,ooo
«* 7 -

6 ,6i0,000|
6
1*000

f

*

$

%

1,044*000 1 1 ,3 7 \0 0 0
1,102,000j
588.O0O
1.240 00 0 1df 145,000 1 . . . . . . . .
630,000
1,210.000
039,000
1.280.000 i 107.000
71,333
1 320 000 ilf *>33 000
191,00 * 146,300
1.290,000
574,000
1,270,000
404,000
iM & jm
1,200,000
550,000
S S I ,000
i.m .ooo
549,000
1,200.000
393,000
4,908,000
1,222,000
853,000
472,000
5.135.000
1,230,000
600.000
443,000
5.732.000
1,290,000
710.000
526,000
1,200,000 565,000
5.785,000
403,000
M*0.OO> 1.740,000 1,200,000
540,000
388,000;
530,004,470,00 i i ,730.000 1,200 uOii
382,000
4/h 1,000 1 710.1 00 1*200.000 510.10 • 8:5.0* 0
4,8**5.000 1,740.00
1.206,000
5l:*,(W0i
S91.00I);
4.980.000
4.378.000
4,479,000
4.591.000
4.216,500
3.880,000
3,952.000
4*511.000

2,417.000
1,780,900
1,095.00"
2 4 4 0 ,0 0 0
1.387.000
1.087.000
1,481,000
1350 ,0 0 0
1,810,000
1,809*900
1,8?5,00C»
1 3 3 0 .0 0 0
1.910.000
1,705.000

*

313,000
35,087
47,640
170,000
159,000
150,000
181,000
157,000
184.000

162.000
152,00 •

148.000
J 41,000
162,6(10

With reference to the Lake Shore, it will be ob­
served thai the fixed charges for 1897 arc given pre­
cisely the same as for 1896 and the years immediately
preceding. From this It is evident that the saving to
be effected through refunding the outstanding issues
of bonds at. 31 per cent has not entered into the resulfe- for these six months.
IM P O R T S A N D E X P O R T S FOR M A Y .
Th. Bureau of St.vistica has issued a detailed statement of
th- foreign commerce of the country for the mouth of
May, h t and 1»!W, and for the eleven months endii g
May .r in 1896-97 and 1896-96, iw follows :
MKRCltANDUS.

....... .
F o r e i g n . . . . . ...

May.
11 m p l.en d . M ay 31.
*70,302,082
$960 126,527
l,4ti 0,4 02
17,56ft.203

T o ta l....... . . . . . _____, ,
t aaf ^n*—
of itm jr.........
WlUUt.I* . . .

$977,691,730
$ 3 4 0 ,7 6 0 ,0 ,6
338,751,025

I f 94M? *...-

T o ta l... . . . . . . . . . . . . .

.

$79,321,827

of
1875 * e.-K »pnr»»- DottiwWIc.,
.......
T o ta l....

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

.. $1,659,348
.. $ «t .567.491
14WV772

$679,511,071
$298,180,659
$798,272,040
17,629,627
*815,901,067

Jubilee have practically begun. On Saturday and Monday
last the Stock Exchange was closed. Most of the Premiers of
the self-governicp coloniis are already in London. They are
being entertained in various ways, and the various gather­
ings, social and political, are attracting away attention from
the Stock Exchange. Brokers report constantly that when
they recommend a stock to a client his answer usually is, I
shall wait till after the Jubilee.
But while trading is exceedingly slack, the markets are re­
markably strong. On Tuesday, when business re-commenced
after the Whitsuntide holidays, there was some attempt on
ihe part of bears to put down the prices of British railway
stocks, mining shares, and so on, but the success was vtry
short-lived, and upon the following day there was a very
gi neral recovery. On Thursday there was a still further re­
covery and there was a litile boom in Argentine securities.
1 here is nothing new to account for the rise in Argentines,
It has been known for months that the Government had re­
solved to pay the interest in full from the 1st of July, and
certainly the state of trade is not very reassuring. Commer­
cial failures have been numerous for the past few months in
corsequence of the shortage of the crops last year. Presuma­
bly the near approach of the time when the full payment is
to be made has had some influence on the market; but, the
chief reason no doubt is that people are in a very sanguine
mood just now.
In the American Department there has been, allowing for
the exceeding slackness everywhere, a fair amount of specu­
lative business, but the public is still holding aloof.
Regarding politics th- re is absolutely nothing fresh to
report this week. No Government anywhere has made a
new announcement, and the newspaper reporters are not
able to obtain very much information in Constantinople.
Still, the belief is universal that the negotiations will drag on
slowly and that in the long »un Turkey will give way. In
Constantinople, Vienna and Berlin it i3 reported that the
British Ambassador made a very strong declaration at the
meeting of the Ambassadors with the Turkish Foreign Minis­
ter when the latter demanded the retrocession of Thessaly to
Turkey. Sir Philip Currie is reported to have said that never
would England consent to hand back Christians to Turkish
misrule. It is also understood that the Russian Government
is in full accord with England, and so of course are the
French and Italian governments. Austria-Hungary is

J une 26 1897.]

THE CHRONICLE.

mainly anxious to prevent disturbances everywhere and will
agree to anything the other Powers decide upon. Bat Ger­
many is still making difficulties, so, at least, all the telegrams
from every part of EurODe report.
In the Transvaal the Industrial Commission has finished
taking evidence, and its report is now anxiously expected.
The belie' is 'hat considerable concessions will be made and
that all disputes between tbe British and the Transvaal gov­
ernments will be peacefully arranged.
Upon the Continent the bourses are fairly steady, but
rather slack. The finances of Spain are in a deplorable way
and if the military operations in Cuba and the Philippine
Islands are co- tinued. it is difficult to see how utter bank­
ruptcy can be avoided. S ill there is not the fall in the bonds
that one would naturally expect.
There is a report in Paris that we are likely to see a settle­
ment of the Portuguese debt. A French company has made
an offer of money to the Portuguese Government on con­
dition that it settles with ils creditors. The settlement will
take some time to negotiate, but if the Government is in
earnest there ought to be no real difficulty in the matter.
Italian credit is decidedly better and Italian bonds are rising,
mainly because Italy is acting with England an 1 France in the
cause of Greece, and also because the Italian Government has
decided upon withdrawing from a large part of the Abyssin­
ian territory now held. On the other hand, it is noteworthy
that tbe Minister for Marine has already demanded further
grants for the navy.
B>re at home, as already said, business upon the Stock
Exchanue is very slack, and it is likely to continue so for thremainder of the month. Next week the Ascot races take
place, and they usually attract large numbers of operators
from the city. The following week will be occupied by the
Jubilee celebrations; especially, the Queen’s procession will
take place on Tuesday and the naval review on the fol­
lowing Saturday. The week after that again there will be
other cel-brations; so it does not look as if v»ry much actual
business will take place. Still, the Stock Exchange is very
hopeful and pric°s are well maintained. In some cases they
have risen considerably during the week.
Trade thn ughout the country is very good and is steadilv
improving, the most hopeful sign being the utter absence of
speculation. Money continues easy and abundant. About
tt-e end of the month when the half-year will be drawingtoa
close there may be some temporary rise in rates, but it will be
very temporary. There is no speculation, there is no lending
to olher countries ; neither is there any large investment going
on abroad; consequently there is nothing to lead to much
advance in rates.
The Continental demand for gold is not actually ended, but
it is smaller this week, and Japan, for the time beiog|| is not
taking much. On the other hand, gold is coming in from
abroad, and of course the produc'ion of gold is enormouslv
increasing. Until, therefore, harvest operations begin, at all
events in tbe United Stages, there seems little probability of
any change in the money market.
The silver demand is as quiet as before; practically, for tbe
time being there is no demand. On the other hand the
India Council continues to sell its drafts fairly well. It
offered for tender on Wednesday 30 lacs, and the applications
were for six or seven times as much. The whole amount
offered, therefore, was disposed of at an average price of Is
2 9-16d. per rupee. Tbe stringency in the Indian money mar­
ket is as great as ever, but as the purchases of council drafts
during the past three weeks have been large, the expectation
here is that in about a week or two the market will be Bornewhat relieved.
In the meanwhile atlention, as far as India is concerned, is
now mainly directed to the monsoon. Tbe rains have already
begun in Ceylon and they are gradually and slowly creeping
up northwards; but they are still a long way from Bombay.
If they prove abundant the end of the troubles will be soon.
In Australia'here was reported two or three weeks ago a
favorable fall of rain in Central New Scuth Wales. Unfor­
tunately. it did not last long and it has not been renewed.
Outside the centre of the Colony no rain has fallen and the
position is becoming most deplorable. The autumn is over,
we are alrorst in mid winter, and yet no rain has come. It
seems irevitable, therefore, that the new year roust be ex­
ceedingly had irdeed. Jf rains do not come in the spring the
position ill h<c< me ut'erly depLrable.
The “ Railway News” of London reports the traffic receipts
for the week ending June 6 of 55 railways of the United
Kingdom which make weekly returns at £1.822,763, against
£1,585 686 in the corresponding week of list year, an increase
of £237.076. For the twentv-three weeks of the current halfyear receipts were £35,950.583. an increase of £ l,n25,19l.
Messrs. Pixley & Abell writ-) as follows u ider date of
June 10 :
G o ld - T h e in q u iry fu r e x r o r t c o n tin u e s u n a b a te d , an d m o s t o f th e
A u s t r a l i a n s o v e r e i g n s , in a d d i t i o n t o t h e a r r i v a l s i n b a r s , h a v e b e e n
t a k e n f o r t b e C o n t i i e n t . T h e B a n k h a s r e c e i v e d £ 4 0 0 ,0 0 0 , o h ie iiy
f r o m th e P a p e a n d S o u th A m e r i c a , w h ile £ 1 4 3 ,0 0 0 h n s n e e n s o ld f o r
e x p o r t . A r r i v a l s : R iv e r P l a t e , £ 8 2 ,0 0 0 ; S o u th A f r ic a . £ 3 4 7 ,0 0 0 ;
W e s t I n d i e - . £ 3 0 ,0 0 0 ; t o t a l , £ 4 5 9 .0 0 0 . S h ip m e n ts t o B o m b a y , £ 7 ,0 0 0 .
S i l v e r —T h e m a r k e t r e m a i n e d w i t h o u t c h a n go in p r ic e fro m t h e 2 n d
i n s t . u n t i l t o - d a y a t 2 7 n d . , t h e r e b e i n g s u tti'o ie n t i n q u i r y t o a b s o r b
t h e a m o u n t s o n o f f e r : w h e n , w ith New- Y o rk a m o d e r a t e s e ll e r , a n d a n
a r r i v a l b y t h e W e s t I n d i a n M in i, a r e l a p s e t o '2 7 %d, to o k p la c e . A t
t h i s r a t e t h e m a rk e t, c l o s e s “ s e l l e r s ” . T h e B o m b a y p r i c e to - d a y is R s .
7 7 % p e r 1 0 0 to l a h s . A r r i v a l s : N e w Y o rk , £ 1 7 4 , 0 0 0 ; R i v e r P l a t e ,
£ 2 .0 0 0 : W e s t I n d ie s . £ 3 2 .0 0 0 : t o t a l , £ 2 0 8 ,0 0 0 . S h i p m e n t s t o B o m b a y ,
£ 9 8 , 5 0 0 ; C a l c u t t a , £ 3 0 .0 0 0 ; H o n g K o n g , £ 2 3 ,1 1 5 ; t o t a l , £ 1 5 1 ,6 1 5 .
M e x ic a n D o lla r s - W ith n o b u s i n e s s t h e n e a r e s t q u o t a t i o n is 2 7 % d .

121L

s h o w s th e p o s itio n o f th e
;e o f d is c o u n t, th e p r ic e of
i la s t th re e y e a rs :
1HV-0
is»7
1895.
June 9.
June 10.
June 12.
£
£
£
C irc u latio n .. ....................
. 27,359,960 26,555,105 26,493,635
. 10.SP8.213 14,094,815
8,036,201
P u b lic d e p o s i t s . ........ .
. 38,S'3,817 50,484.8a 37,512,937
O th e r d e p o s it s ....................
, 13,911,171 15,257,090 13,931 339
G o v e rn m e n t s e c u r itie s .. .
. 28.137,370 28,524,624 20,633.783
O th e r s e c u r i t i e s
............
S e s e r v e o f n o t e s a n d o d n ........... 25,252,203 33,5'8 433 28,704,043
48,343,538 87,397,728
C o in & b u l li o n , b o t h d e p a r t in '! 3 35.812.16)
50 9-16
595fi
C r o p .re s e rv e t o l ia b i li ti e s ., p. .
6
2
2
2
B a n k r a t e . . . . . . . . . . . ...p e r c e c
113
106 1-10
C o n s o ls , 2 H p e r c e n t ................. 112 15-iex d
S ilv e r
........................................
27 9-16d. 31 5-16d.
30 9-13d,f
C le a r in g - H o u s e r e t u r n s . . . . . . . 111,213,000 121,030.000 151,336,000

Bank of
c o n s o ls r
1894.
£
24,910,080'
8.903,518
33.0L5,985
9,894,335.
20,070,651
29.727.81&
37,844,49&
2
100k,
28kd.
103,198,000

1* J u n e 1 3 .

The Bank rate of discount and open market rates at the
chief Continental cities have been as follows:
June
R a te s o f
I n te r e s t a t

11.

M a y 28 .

J u n e 4.

Bank
R a te .

O ven
M arket

Bank
R a te .

O pen
M arket

2
3
3

m
m
2H
214
2
2
3 3-10
5H
4
Oi

2
3

lH

3
3
3
3

2H
2%
2
2
3M

P a r i s ....................
B e r lin ..................
J a m b u r g ..........
F r a n k f o r t ..........
A m s te r d a m ....
I r u s s e l s ............
V i e n n a ................
I t. P e t e r s b u r g .
d a d r l d ...............
^ G D e n h a v e n ...

3
3
fl
4
6
5
04

4

21.

Bank
R a te

Open
M arket

Bank
R a te .

O pen
M arket

2

m
2H
2H
2H
2
2
3 5-10
m
4
4*

2
3
2
3
3

m
2H
2H

3

2
3X5k
4
04

3
3
3

3
3
4

0
6
4%

M ay

0
5

4
4H

04

2%.

4
6
5
4%

The following shows the imports of oereal produce into
the United Kingdom during the first forty weeks of the.
season compared with previous seasons:
IM P O R T S.
1 8 9 6 -7 .
1 8 9 5 -6 .
[ m p o r t s o f w h e a t . o w t .5 2 , 7 '2 ,0 5 0 4 9 ,9 1 8 .5 7 0
B a r l e y .................................... 1 7 , 9 1 9 , 9 9 0 1 8 , 1 0 4 , 0 0 0
O a t s .........................................1 2 , 9 6 ', 6 8 0 l n . 3 S 3 . 2 8 0
P e a s ...................................... 2 , 6 4 0 , 6 ’ 5
2 ,0 4 0 .7 1 0
B e a n s ...................................... 2 , 2 0 4 . 6 5 0
2 .6 4 3 ,8 2 2
I n d i a n o o r n ........................ 4 7 , 1 1 7 , 9 4 0 3 4 , 6 i 8 , 4 7 0
F l o u r ...................................... 1 6 , 3 5 3 , 1 0 0 1 5 , 7 3 9 , 9 7 0

1 8 9 4 -5 .
5 4 ,2 9 8 ,8 6 6
2 0 .7 6 7 .t4 i
1 0 ,9 9 9 ,5 2 7
1 ,8 5 '. 4 8 9
3 4 0 8 ,8 9 2
1 9 ,5 8 3 ,7 1 4
1 5 ,2 0 9 ,5 6 0

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

Supplies available for oonsumption (exclusive of stocks on
September 11:
1 8 9 6 -7 .
W h e a t I m p o r te d , o w t- 5 2 ,7 1 2 ,0 5 0
I m p o r t s o f f l o u r ...........1 6 . 3 5 3 . l o O
S a le s o f h o m e - g r o w n .2 1 ,0 0 5 ,0 0 3

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

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

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

T o t a l ............................. 9 0 , 0 7 0 , 1 5 3 7 8 , 4 1 2 , 6 0 2
1 8 9 6 -7 .
1 8 9 5 -6 .
A v e r .p r i c e w h e a t , w e e k .2 7 s . lO d .
25s. 5d.
A v e ra g e p rlo e , s e a s o n ..2 8 s . 1 0 d .
2 5s. I d .

8 7 ,1 6 0 ,8 0 7
1 8 9 4 -5 .
24s. 5$.
20s. 5d.

8 0 ,1 9 4 ,3 5 2
1 8 9 3 -4 .
2 3s. l i d 25s. 9d .

E n g lis h

F in a n c ia l M a r k e ts —P e r C ab le.

The daily closing quotations for securities, &c. at London
are reported by cable as follows for the week ending June 25 v
S a t.

London.

S i l v e r , p e r o u n c e ..........d .
27%
C o n s o le ., n e w , 2 % p .e tB . 1 1 2 %
1 1 2 7b
F r ’o h r e n t e s ( i n P a r i s ) f r . 1 0 < - 4 5
12%
A tc h . T o p . & S a n ta F e .
Do
do
p r e f . 24: *8
C a n a d i a n P a o i f i o .............. 6 2 %
C h e s a p e a k e & O h i o .........
18*4
80%
O h io . M i l w . & S t . P a u l
D e n y . <fe R i o G r . , p r e f . . 4 2 ^
1412
E r i e , c o m m o n ....................
1 s t p r e f e r r e d ..................
33*2
99
I l l i n o i s C e n t r a l ......... ........
175
L o u is v ille & N a s h v i ll e .
50^8
M e x i c a n 'C e n t r a l , 4 s . . .
73*2
13
M o . K a n fe T e x . , c o m . .
N. Y . C e n v i & H u d s o n . 1 0 3 i*
N. Y . O n t a r i o <fe W e s t ’n
15
N o r f o l k & W e s t ’n , p r e f . 3 > %
N o. P a c . p r e f t r . r e o ts . 4338
P e n n s y l v a n i a ...................... 5 4 %
P h i l a . <fe R e a d . , p e r s h . . 1 1 %
i o n t h ’n R a i l w a y , c o m . .
9%
P r e f e r r e d ............................ 2 9 %
O n i o n P s - o if lo .......................
7%
W a b a s h , p r e f e r r e d .........
15%

M on.

T ues.

W ed.

2 7 9 ie
27B le
27S>ie
11234
112 i s 18
1 1 2 1 4 ,0
1 1 2 78
1 0 3 -5 5 1 0 3 -6 0 103*60
12 %
12%
24%
24%
O
62%
63
18%
18%
>0
P
80%
82%
243
42%
14%
14%
33
34
0
a
99
99
CD
175
178%
50%
51%
74%
73%
13
1258
104%
103
®
1 4 7g
14%
n
30%
30%
42%
43%
0*
54%
54%
11
11%
9%
9%
30%
29%
7%
7%
15%
1538

T h u rs.

F r i.

2 7 9 .0
2 7 9 l8
11234
112%
1 1 2 1 3 ,,, 1 2 1 3 , a
1 0 3 -6 0 0 3 -5 7 1 ;
12%
12%
2 4 34
25%
6334
64%
18%
18%
81%
83%
43
43
14%
14%
34
34%
99
99%
178%
51%
52
74%
74 %
L3%
13%
105
104%
15%
15% ;
31
31
43%
43%
54 %
54 %
11 %
1138
959
9%
30%
30%
6% .
6%
16
15 %

®o iixttxcrctat an d 3HisceXIatte(r»;s H e urs
I m p o r t s a n d E x p o r t s f o r t h e W e e k . —The following are
the imports at New York for the week ending for dry goods
June 17 and for the week ending for general merchandise
June 18 ; also totals since the beginning of the first week in
January.
F O R E IG N IM P O R T S A T N E W Y O R K .
F or w eek.

1897.

1896.
$ 1 ,1 5 1 ,6 5 7
5 ,6 9 7 ,8 0 1

1895.
$ 2 ,1 9 6 ,8 6 7
7 ,6 0 9 ,5 6 1

1894.

D r y g o o d s .........
G e n ’l m e r ’d l s e

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

$ 9 5 7 ,8 3 0
5 ,3 a G ,0 5 5

T o t a l ...........
S in c e J a n . 1 .
D r y g o o d s .........
G e n ’l m e r ’d i s e

$ 1 0 ,6 2 4 ,3 4 0

$ 6 ,8 4 9 ,4 5 8

.$ 9 ,8 0 6 , 4 2 8

$ 6 ,3 4 3 ,8 8 5

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

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

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

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

T o t a l 2 4 w e e k s $ 2 6 3 ,7 7 6 ,8 1 3 $ 2 2 5 ,4 3 1 ,1 0 6 $ 2 4 2 ,0 8 8 ,5 2 5 $ 2 0 0 ,3 7 9 ,1 6 ®

THE CHRONICLE.

1212

'h o f o llo w in g Is a s t a t e m e n t o f t h e e x p o r t s ( e x c l u s i v e o f
e h ) ) f r o m t h e p o r t Of N e w Y o r k t o f o r e i g n p o r t s f o r t h e
■X o n -lin g J im - i l a m i f r o m J a n u a r y 1 t o d a t e :
i n ro u ts m s
1S W L

1895.

1896

oi r i DED ns.
Vome o f Company,

wsw t o k k ro n r im w h is k .
I

[V ou LX IV.

Per
ITAen
Cent. Payable.

Books closed.
(D ays inclusive.)

1894.

K tttlro s ic t* ( S t e a m ) ,
% Ju ly
*>» tr a l P aoiflo. . . . . . — . . . . . . . . .
rh ie . R. T & Pacific (q u a r.K ....
2 J u ly 1 to J u ly 11
V Aug,
f i n . P o rts, & V irginia pr*f. . . .
Ju ly
Del. Lack. A W estern (q u u r.).. .
1% J u ly 20 J u ly 7 to Ju ly 20
$ 1 0 0 , 0 0 3 ,3 3 5 ] $ 1 8 0 , 0 6 1 , 1 3 2 $ 1 5 9 . 0 9 2 , 3 0 9 , $ 1 7 3 . 1 1 6 , 7 4 3
$1
G rai it© .......
. ...................
Ju ly
1 ’Ju u e 22 to J u n e 30
L ittle Schuylkill N av.,R R .A Coal
2 V Tujy
9 Ju n e 2 1 to Ju ly 8
t h< fl:
1
10
N
o-folk
A
southern,
(q
u
ar,)..
Ju
ly
Ju ly l to Ju ly H
i
r
t
o
f
N
e
w
Y
o
r
k
f
o
r
t
h
e
w
e
e
k
e
n
d
i
n
g
J
u
n
e
19
a
n
d
* t %lit
J u ly
N ortheasteifo (8 fJ.)......... ............
3
i ... ......... { f l ------Min J a n u a r y 1, 1897, a n d f o r t h e c o r r e s p o n d i n g p e r i o d s in N o rw c li & W o rcester pf. (quar.)
o
J u ly
1 J u n e 20 to J u n e 30
t8$6 and I 8i 5 ;
3 h Ju ly
P e te rsb u rg com. anti p * e L ......
1 J u n e 26 to Ju ly 4
Rich Fred, A P otom ac com. A
i n m s m n im po r t s o p s p e c ie a t n e w t o r e .
<Uv. o b lijr.,. .... . . . . . . . . . . . . . . .
3
Ju ly
1 J a n a 23 to Ju ly 4
Kxporte.
r»ijiBf ti.
3% J » ’y
R ichm ond A P e te r s b u r g _______
1 J u n e 26 to Ju lv 4
id.
R u tlan d p ro f..
.....................
1
J ulv
1 J u n e 25 to J u ly 1
Week.
Since J a n . l . S o u th w este rn ( G a ) . ............
Week.
t Since J a n .l.
6 J u n e 20 to Ju ly 6
2 V J u ly
W o rcester N» *him A Roche st e r .
1
.0
2% Ju ly
$ 112,606
$ 979,660
Great Britain . . .
Si re e l R a il w a y s .
9 ,163,672
C e n tral Cross tow n, N.Y. (quar,).
T huhv*.
.....
2% J u ly
J J u n e 16 to J u n e 30
10 C in cin n aii St. iq u a r ) ............
$ 700,(KM) 8 ,030,000
linnim r.v.......... ..
1 J u n e 18 to J u n e 21
I V J u ly
1,131,832 In te r-S ta te Consol., N orth A ttle ­
467,227
$29,926
WiMit i n J i e p . . . . .
5,122
6
-.1
6
1
30
1 % Ju ly
boro, Mess, {cpiar,) . . —
K«xteo............
1 Ju n o 27 to .Tune 30
148,085
300,606 M etropolitan "i r.m , N. Y. quar.)
23,406
3,800
aoutb a merle*..
1% J u ly lf ijju ly t to J u ly 15
164,108 N ational E y.. St. L., Mo. ( q u a r).
750,200
250,000
All o th e r c-'iinlrlM .
1% Ju ly 3 0 J u ly 1 to J u ly 5
2
Ju ly
N ew ton, (Mass ) 8 t. (q u a r,).. . . . .
1 — —
l o ---------$ 58,454 $ 1,777,323 N ew ton A B oston (q u a r.)....... .
T otal 1897.........
$ 353,800 $ 19,538,*54
1 % J u ly
1 '— ------- to ----- —
121,747 18,4 - 9,761 N orfolkS uburtM H yde Pk.,Mass.)
8 9 0 . ‘ 30 39,916,086
T otal IStfO.-.
3 % J u ly 1 5 ;Ju ly
1 to ---- -----30,876 2 0 ,184,187 13th A lo th St. P ass. (Phila ) ..
12,525 34,432.042
T otal 1 8 9 5 ...
$5 50 Ju ly
1 J a n e 22 to Ju ly 4
R anks.
Im ports.
K rports.
Astor P la c e .............. —................
J u ly
3
1 J u n e 26 to J u ly 1
Silver
J u ly
7
B ank of A m e r ic a ............ . ..
1 Ju n e 23 to J u ly 5
Week.
Week.
Since J a n . 1.
Since J a n . 1
B ank of New Y o rk ....... .............
5
Juiy 1 Juue 23 to J u n e 30
4
Cen
tr
a
l
N
at
lo
c
a
l
..............
.
.
.
.
j
2 J uds 24 to Ju ly 1
J
u
ly
$ 19,466
$21,488 C h a th a m N ational ( q u a r I
$770,871 $ 20,975,985
G reat B ritain
4
July 1; J u n e •; 0 lo J u n e 30
............ |
038,000
...........
1,316 C olum bia..
P r a n c e ............
4
.....................
.
Mtily
1 J u n e 22 to J u n e 30
.............
1,151
5,750
Harmans-.
----------- t o ----------- lr e o ta l N a tio n a l................... I 3
July g1 -----------107,943
17,036
103,589 roatu
Weat lo fUtM.
t
980
t 0 ---------st R iv e r................ ....... . . . . . . . . .
Ju ly
500
30,839
607,593 B
M e x ic o ..................... . . i
_____
.
.
.
.
.
.
F
ifth
A
venue
(
q
u
a
r
)
65,941
11,410
467,832
1
Ju
n
e
25
to J u n e 30
Sontb A m erica....... ]
Do (e x tr ) , . . . . .......................
2“ H u!y
1,093
...................................... 25,690
438
A ll o th er co untries.
F outUi N a tio n a l..........................
1 J u r e 25 to J u n e 30
3 4a Ju ly
2 % J u ly
ings C ounty. B ro o k ly n ..............
J J u n e 25 to J u n e 30
$772,2P2 :$ 21,855,222
$ 78,7 5 1 : $ 1,228,659 K
Total 1897......
J u n e 24 to J u n e 3 0
L eath er M a n u fac tu rers’ N a t . . .
5
Ju ly
2 9 ,2 9 4 : 1,208.071 M
T o tal 1890........
i .129,285 21, 149.581
et A F u lto n N a tio n a l...........
Ju n e *23 to Ju n e 30
Ju ly
19,5 4 1 833,714 M ark
T otal 1895........ i
742,3 03' 16.319.886
ed ial ies’ (B ro o k ly n )..........
Ju ly
Ju n e 26 to J u ly 1
Ju ly
M echanics’ N a tio n a l......... ...
J u n e 2* to Ju ly 4
City HaHroad Securities—Brokers' Quotations.
— t o ----------3
J uly
M eelianies & TracleW *................ .
3
J u ly
M e rch a n ts’ E xchange N a tio n a l..
J u n e 23 to J u n e 30
Bid. A s k . M erchants’ N a tio n a l...................
Bid. Ask |
Ski J u ly
J u n e 25 to Ju ly 5
N atio n al B ank of No. A m erica.
3
J u ly
J u n e 24 to J u n e 30
A t l a s . A t *., B’kly
Tub
N ational B ank of th e R ep u b lic..
J u n e 26 to J u n e 3 0
Ju ly
C©o. 5 s , g „ 1 9 3 1 .
$103 104 1st, gold, 5s, 193a.J<fcJ
11634 N atio n al B r o a d w a y .............. . ..
Ju
ly
J u u e -.4 to J u u e 30
Scrip .......... ................ .
fm pt. 5 s, jjL 1934
103
77
N
atio
n
al
B
u
tch
ers’
&
D
ro
v
ers’,
Ju
ly
J u n e 24 to J u n e f 0
325
Eighth Aven ae—Stook—
30
N ational P a r k ......... ................
J u n e 23 to J u n e 30
J u ly
105
$106 108 Scrip, 6a, 1914...........
N
inth
N
a
tio
n
a
l..............................Ju
ly
Ju n e 26 to J u n e 30
340
S*w*y <*7th Ayb.—8 to es 19H 202 42d <fc Gr. St*. Fer.— Stool
O r i e n t a l ......... ....... . . . ..................
J u n e 24 to J u n e 30
109 142d St. Man. & S t.N .A v
45
Ju ly
nos 112
! 1st mort. Us, 1910.MA?
Ju
ly
People’s ....... .........................
....
J u n e 25 lo J u n e 30
120 2d mort. income 6s..T a ?
P h e n ix ...................... ....................
J u n e 23 to J u n e 30
Ju V
40 * S eaboard N a tio n a l-____ . . . -----Kings Co. Trao.— S to ck...
1104
J u n e 25 to J u n e 30
J u ly
118% Second N ational ..................... .
119%120 Lex .Ave.dfc Pav;Ferry os
Ju n e 24 to J n ly 1
Ju
ly
110%
. 182 184 ! Metropolitan Traction..
J u ly
Ju n e 23 to Ju n e 30
95 . Union ( B r o o k ly n ) ........___. . . . .
115%116 Nassau Elec. 5s, 1944___
|
West
S
i
d
e
..................................
.
Ju
ly
Ju n e 2 5 t o J u l y 1
103
N. Yr.ct Queens Co.5a, T946
T r u s t C o m p a n ie s .
104 Pol
Stein way 1st 68/22.J ^ J 113 115
J u r e 22 to J u n e 30
P (o p le ’s, B rooklyn ( q u a r.) .. . . . .
Ju ly
160
into Avenue— otouit— 160 170
S t a t e . . . ................... .......................
Ju n o 2 4 to J u n e 30
5#, 1 9 3 9 ..™ ________, $110 112 Second Avenue— Stock, 130 132
Ju ly
108 109
e t raort.,58,1909.M
SrooxEiinj Rapid Transit.
W ashington....................................
Ju ly
J u n e 26 to J u ly 1
21. 24V lDebenture
5a,1909.J&. 102 106
5*. 1 9*5..... ........A<fcC» 711‘1 80
F ire In s u ra n c e .
Sixth Avenue— Stock... 183 1 8 5
Osotral OroastpwB— at*. 198
to
riu
in
ilto
n
..........
.
.
.
.
.
.
.
.
.
.
J
u
ly
H15
Th ird Avenue— Stock.. 151 15 2
ittD c e lJ a n e o u a .
164 IBS 1st m ort, 5s, 1937. JA .1; 123
J
u
n
e
27
to Ju ly 1
J
o
u
r
r
e
a
y
&
B
urnham
pf.
(q
u
ar
)
2
Ju
ly
112 115 -Tw enty-Third St.— St’k ! 300
S tan d ard Gas-L. N .Y , com. (qr.).
* v®. 6a 118 118-V Deb. 5s, 1 9 0 3 ............ ; 103
J
u
n
e
20
to J u ly 1
^
l
Ju
ly
p r e f e r r e d ......... - .................. .
103
155 160 Union B.y— Stock ----- :
---- t o ----------U nited G as Im provem ent (quar.)
2
J u ly 15
101 108
1 s t m o n .,3 8 9 8 .
1st 5s, 1942..................
Weatchest’r. lst,pn.,6r
Wells F*T4?o & Co............................
J
u
'y
1
to
J u ly 15
3
J u ly 15
W estern G as....... ............................
21® J u ly 20 J u ly 7 to J u ly 50
I A n d a c c ru e d I n te r e s t.
W estinghouseE lec.& M fg.pf (qr.)
1»4 J u ly
1 J u u e 26 to J u ly 1
9m Securities—Brokers’ Quotations.
*C orrection.
|7 , 9 0 9 , 8 » i 0 ! : $ 7 , 5 8 0 , 2 § 6 ^
I S * ,0 1 * 3 ,6 4 5 ! 1 7 2 , 4 8 1 ,1 4 0 !

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

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

n

r*

XS

'Mr*

G A S C O M P A N IE S .

B id .

W k i f n U n l o n G f t a —S to c k . 1 0 8 34
112%
195
............
O o tu u itn e rV ( J c r ««7 O H y j. 75
U n h iU ........................... ..
101
J B r w s y C l t y * H o b o k e n . . 185
M K r o p o ll t n * —B o n d * . « . . . 105
J f o t o o l I N . V ......................... 2 1 8
s r. f - A E*»S K i r . 1 s t 5 a .. 114
P m f a m s d . , . , . . . . . . . . ___ 108
73
107
O m ol

A sk.
to o
BO
10 3
19 5
2?4
11 5
no
74
10 9

G A S C O M P A N IE S .
!P e o p l e s ' ( l e r s e y O i t y L . .
i'W illia m B lm iR 1 s t 6 a . . .
i F u I t o u M u n i c i p a l 0 s . —. .
E q u i t a b l e ................... ....... . . . .
B o n d s , 0 s , 1 8 9 9 ______ _
S t , P a u l ............. .......................
B o n d s , 5 s ..............................
S t a n d a r d p r e f . . . . ____
C o m m o n ..............................
........
W e s te r D Q a a

B id .

A sk

100
1 7 0 ...
102%
224
108
10 5
49
52
70
77
117
120
109**, 11 1
TO
73
96

Auction Sales.—Among other securities the following, no
r ■'-.ji irly dealt in at the Board, were reoently sold at auction
By Mesar-i, R. V, Harnett & Co.:
Shart*,
7 5 C onnecticut S tsto O ian-

it- Co
..............
$5 l o t ,
11 The HaupblTC Valley Co .$11 |
Bjr M e ssm , A d r i a n H , M u lie r

B o n d s .

- E , D. Shepard & Co., 31 Nassau Street, 0IT1r investors a
list of co u n ty , city an d tow n bonds. T heir a d v e rtise m e n t
will be found in th e S tate and C ity S u pplem en t .

—A choice list of gold bonds and guaranteed stocks is adverlised on page viii. of tc-day’s issue by Messrs. Redmond,
Kerr <&:Co.
—The July dividend of the Washington Trust Company
advertised in to days issue is at the rate of eight per cent per
annum. The January, 1897, dividend was at the yearly rate
of six percent.

$ 37,000 S ta te E lectric TJKtot
& P ow er Co. 1s t 3s, 11126.. 15

gatthtug nucl ffluanctiil.

& Son :

Shares,
Sh circs,
■S “ *r«r A 711) Av, HR. C o .2 0 m
15 H am ilton B*kof B 'ltlyn. 70
3 «24
Man, A 8 t, Nlcli.
20 t: tele Klre V > ..................2i7»a
Ace « H .......................... 41
to rr. 8. Mort. ,fe T ru st O o,..230'4
t*J Am or loan rt-*uK Note Co.
t.OOu H orn S ilver Mini 11*r
A-“0 n e l j ............ .$ * 8 )ier ah,
C o .....................$ n o 00 tier all.
6 Ttrj TJooie F.a.,t R'wav A
25 Onrm au-Aroer. Bank ..1 2 5
?’■.t ’o rr HK Cn,
1571,
2 S tandard Oil T ru st.......... 326*,
1 1 E 'l* & rtWe. KR. (eusr.),150
, 20 Pond A- M ori. (Juar. C o.. 185
2 8 Krie A K-laio- /oo R k .
12 Cent. Nat. B ank.............. lfil 14
C». (.soar, t
. .............. 226 I 30 A tlantic T aiat C o . . . . . . . .175
AO Cent. fU .w ntlce do. pfd* 40 I P3 Mount Morris B a n k ....... 60
' • nl. (Or- cor A., Co. com.
10 A tla n ta ArCbar A ir T,.Hy 97
*160 lo t f
Bonds
: - m i.-.l Rat. R snV ... .42*101 $1,000 W iiitobrcast Fuel Co.
25 i '- i i i m I O a , C o ..B .It,M il. 56t*i* | (is, 1903, Ju n e ,*06,Oonp. 0 0 . 70
l o X. V M*cott - n............... 4IIIf. I $5,000 Calrdo- la M irintr 4c
’ St Ry. In , of
Mfe. Co. l a t a , , 18P8. A p t,
R * p ilr p ro f.... 40
1 - 91, coupons o n ................ 50
3fl 0 .0W.1 m. Hr Ci of
1$3,000
St. Rv. Co. of
<Hao4Ra«6. ......... to | G rand Consol.
R a p H , 1st 5s, Feb.,
OWl Elm ira 'Aur.mSpsJ | OT.
1397, coupons o n .................. 68
.
t Co. prof....... »
$7.non W illiam W etterer 6s,
£*o?tat. ttroa-HSAy B i n t ...2 2 7 I 1900. MAS, ........................ 71

Spencer T ra sk & C o.,
B
A
N
K
E
R
S
,
27 A 29 P IS E S T R E E T ,
65 State Street. A lbany.

INVESTM ENT

NEW

YORK.

SECURITIES.
A r.IIA .V D Eil M, WHITB, .1R

GIORO* BAKCr.AV Ml.)!*l*AT.

M o f f a t

& W h it e ,

BANKERS,
NO. 1

N A S S A U

S T R E E T ,

-

-

N E W

I NVESTMENT SECURI TI ES.

T O U R .

1213

THE CHRONICLE,

J une 26, 1897 J

THe IS a t ik m ' (ia s e tte .
' F o r d i v i d e n d s , see p r e v i o u s p a g e .

coup., 1925, at 125 to 125%; $10,000 4s, reg., 1925, at 125%;
$2,000 4s, coup., 1907, at 113; $26,500 4s, reg., 1907, at 111%
to 111%, and $110,0 0 5s, coup., at 114 to 114%. The follow^
ing are closing quotations :

W A L L S T R E E T . F R I D A Y , JU N E 2 5 , 1 8 9 7 - 5 P . M .

The Money Market and Financial Situation.—A new
outside interest and buying by well-known investors who
have not recently taken a conspicuous part in Stock Ex­
change transactions have been a prominent feature of the
week in Wall Street. While it is true that a large proportion
of the business has been confined to a few prominent issues,
there is nevertheless a strong tendency to expansion and
some movement of securities hitherto inactive.
Various factors are contributing to confirm the opinion
that the lowest prices of the year for railway securities have
generally been recorded, and that the movement now in
progress will continue with more or less irregularity for some
time to come. The most important of these factors are not
new, but to the prospect of a speedy settlement of the tariff
bill and the hope of a plan for currency reform later on, as
promised by Secretary Gage, may be added the improvement
in railway traffic reports and clearing house returns. The
crop prospects are growing more important day by day, and
are already sufficiently promising to have stimulated the
market for granger and trunk line securities.
Gold exports have increased this week, amounting to $4,300,000, including .$1,800,00) which will be shipped to-mor­
row. These continue to be chiefly for the settlement of
trade balances and interest payments. The great Jubilee
has interfered with business operations at the London Stock
Exchange this week, and that market has had practically no
influence in Wall Street.
The money market continues extremely dull and weak.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 1 to 2 per cent. To-day’s rates on call were 1 to 1^
per cent. Prime commercial paper quoted at 3 to 3% per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £283,158 and the percent­
age of reserve to liabilities was 50*88 against 51*29 last
week ; the discount rate remains unchanged at 2 per cent.
The Bank of France shows an increase of 8,625,000 francs
In gold and 3,625,000 francs in silver.
The New York City Clearing-House banks in their statement
of June 19 showed an inorease in the reserve held of $2,643,900
and a surplus over the required reserve of $18,390,950. against
$47,601,475 the previous week.
1897.
J u n e 19.
C a p i t a l .....................
B o r p l u s ...................
L o a n s <fe d is o ’n t s .
C i r c u l a t i o n ..........
N e t d e p o s i t s ____
S p e c i e .....................
L e g a l t e n d e r s ___
R e s e r v e h e l d ........
L e g a l r e s e r v e ___
B n rp lu s r e s e r v e

D iffe r e n tfr 'm
P rev. w eek.

%

6 0 022.,7 0 0
7 5 .1 88,,800
5 1 * .5 5 0 , ,8 0 0 I b c .4 ,8 2 2 ,1 0 0
1 3 .9 9 2 , ,7 0 0 D e c
2 5 8 .8 0 0
532 5*8,,200 Ihc.7, 4 1 7 ,7 0 0
90,<»5< ,,2 0 0 I n c . 7 8 2 ,4 0 0
1 0 b ,4 7 2 , ,8 0 0 I n e . l ,8 6 1 ,5 0 0
1 0 6 .5 2 3 , ,0 0 0 I n c 2 ,6 4 3 ,9 0 0
1 4 8 ,1 3 2 , ,0 5 0 I n e . l , ,8 5 4 ,4 2 5
4 8 ,3 9 0 ,9 5 0 I n c

7 8 9 ,4 7 5

1896.
J u n e 20.

1895.
J u n e 22.

6 0 ,6 2 2 ,7 0 0 6 2 ,6 2 2 .7 0 0
74.075,7(M
7 -?,3 0 2 ,7 0 0
4 7 4 .7 8 L 6 0 0 5 1 2 .9 6,‘ 0 0
1 4 .6 0 7 6 O 1 < ,1 9 4 ,5 0 0
4 9 5 , 3 '9 . 8 0 0 5 7 4 .4 5 9 .0 0 0
6 1 ,r 5 4 ,6 0 0 6 5 .8 7 5 ,3 0 0
8 2 .1 9 6 ,1 0 0 1 1 4 .2 8 3 ,7 0 0
1 4 3 ,7 5 0 .7 0 0 1 8 0 .1 5 9 .0 0 0
1 2 3 ,8 ^ 2 ,4 5 0 1 4 3 .6 1 4 ,7 5 0
1 9 .9 1 8 2 5 0

3 6 ,5 4 4 .2 5 0

Foreign Exchange.—The foreign exchange market has
been firm on a moderate volume of business. Offerings of
commercial bills are limited and the supply is made up in
part of drawings against gold shipments.
To-day’s actual rates of exchange were as follows: Bankers,
■ixty days’ sterling, 4 86J^@4 86%; demand, 4 87%@4 87% ;
cables, 4 87%@4 87%.
Posted rates of leading bankers follow :
J u n e 25.

S ix ty D ays.

D em and.

4 87
4 88 ® 1 8 8 %
4 8 5 % ®4 86
D o c u m e n t a r y c o m m e r c i a l ......... ..................... 4 8 5 % ®4 8 5 %
P a r i s b a n k e r s ’ ( f r a n c s ) ...................................... 5 1 6 % ® 5 16% 5 1415i e @ 5 1 5
4 0 k ® 4 0 3 16
40% «® 403s
A m s t e r d a m ( g u il d e r s ) b a n k e r s ....................
9 5 % ® 9 5 &i«
F r a n k f o r t o r B r e m e n ( r e i c h m a r k s ) b ’k e r s
9 5 1 l 10® 9 5 %
P r im e b a n k e r s ’ s t e r l i n g b i l l s o n L o n d o n ..

The following were the rates of domestic exchange on New
Y jrk at the under-mentioned cities to-day: Savannah, buying
1-16 discount, selling par ; Charleston, buying par, selling
premium ; New Orleans, bank, $1 50 premium ; commercial,
pjj; Chicago, 70c. per $1,000premium; St, Louis, 25c.@50c.
per $1,000 premium.
United States Bonds.— Government bonds have advanced
on limited offerings. Sales at the Board include $66,500 4s,

I n te r e s t J u n e
P e r io d s
19

June
21.

June ! June
21.
23.

June
24

June
25.

2e , .......................... r e g . Q .-M o h . * 9 6 i« * 9 6 i2 * 9 6 i a * 9 6 ia ' 9 6 ia * 9 6 %
4 a , 1 9 o 7 ........... . . r e g . Q . - J a u . 11130 *11 n s *11114
l ' l t i n k * 111%
*113
*113
* .1 3
il?
113
" .1 3
*12470
*
1
25
125k *125V
Q
.
F
e
b
.
*
1
2
4
78
*
1
2
4
78
l a , 1 9 2 5 ___ . . . .r e g .
4.25
125
*125
* i2 5 k 125% '
4 s , 1 9 2 5 ............ o o u p . Q . - F e b . 1 2 5
*111
*114% *114%
5 8 , 1 9 0 4 ................r e g . Q .- F e b . * 1 1 3 7h * 1 1 3 % * 1 1 4
*114
*114
114% 114%
5 s , 1 9 0 4 ............ o o u p . Q .- F e b . '1 1 3 - 6 1 1 4
*
10L% * 101%
101
k
*10112
*101
*
2
6a, o u r ’o y ,’9 8 . . . r e g . i . c\ J . * 101%
6a, o u r ’o y ,’9 9 . . . r e g . J & i . * 1 0 4 k * 1 0 4 % * 1 0 4 1 2 * 1 0 4 1 2 *10412 * 1 0 4 %
*
1
0
1
%
*1013
4
*
101
%
*
101
% * 101%
*10150
4 a, (C h e r .jl8 9 8 .r e g . M a rc h .
4 s , ( C h e r .) 1 8 9 9 r e g . M a r c h . * 1 0 i5 a * 101% * 101% * 101% *1013 4 *101%
4 b, 1 9 0 7 .............o o n p . Q . - J a n .

* T h i s i s t h e p r i c e b i d a t t h e m o r n i n g b o a r d , n o s a le w a s m a d e .

United States Sub-Treasury.—The following table showa?
the daily receipts and payments at the Sub-Treasury p
B a la n c e s.
D a te .

J u n e l9
“
21

R e c e ip ts ,

“

22

“
“
“

23
24
25

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

T o ta l

2 0 ,2 4 3 ,8 6 2

P a y m e n ts .

C o in .

3 ,0 0 2 ,9 2 2 1 4 1 ,9 8 1 ,9 9 1
3 , 4 9 i , 1 8 9 1 4 0 ,9 2 7 ,7 5 1
2 / 1 5 ,5 8 7 1 4 1 ,0 0 4 ,1 1 0
3 ,2 4 7 .9 6 3 1 4 < » ,2 3 i,2 3 0
2 ,6 5 5 ,2 3 3 1 4 0 ,2 6 5 ,9 1 4
4 ,4 0 1 ,0 56 1 4 0 ,3 2 2 ,2 3 8

C o in O erV s.
2 ,0 0 3 ,2 0 4
2 ,1 2 0 ,8 2 3
2 ,0 6 3 ,7 7 2
2 ,4 11 ,9 3 7
2 .8 7 7 ,6 1 0
3 ,0 2 7 ,0 6 7 ,

C u rre n cy
6 2 ,1 6 8 .5 4 1
6 2 ,5 8 9 ,9 8 6
6 2 ,5 6 8 ,3 3 1
6 3.1 8 0 .6 2 8
6 3 ,2 2 7 ,9 0 8
6 3 ,9 2 0 ,5 8 0

1 9 ,7 1 t,9 8 5

Coins.—Following are the current quotations in gold for
coins:
F in e s ilv e r b a r s . . — 60% © — 6 1 V
S o v e r e i g n s .............$ 4 88 ® $ 4 91
F i v e f r a n c s ..............— 9 0 © — 9 5
N a p o le o n s .......... 3 88 -a* 3 y 2
M e x ic a n d o l l a r s . . — 475s-® — 4 9
X X R e i c h m a r k s . 4 7 9 a> 4 84
P e r u v ia n s o l s . . . . . — 4 2 k ® — 43%
2 5 P e s e t a s .............. 4 7 8 © 4 so
E n g l i s h s i l v e r . . . . 4 86 ® 4 9 0
S p:
p a n . D o u b lo o n s .1 5 5 o ® 1 5 7 0
8
TJ. 8. t r a d e d o l l a r s — 6 0 © — 7 5
Mee x . D o u b lo o n s . 1 5 5 0 © 1 5 7 0
F in e g o ld b a r s . . .

p a r ® % p re m

State and Railroad Bonds.—Sales of State bonds at
the Board are limited to $15,000 Virginia 6s deferred trust
rec ipts, stamped, at 8% to 3.%, and $1,010 Alabama, Class B,
at 107}*.
The ( pinion seems generally to prevail that railway bonds
are not likely to rule lower in the near future. This fact,
together with the large amount of funds now seeking invest­
ment, has stimulated a demmd for railway bonds, and the
volume of business in this department is limited chiefly by
the offerings.
As usual, the activity and fluctuation in prices is most
marked in the low-priced speculative issues, but a relatively
large proportion of the transactions this week has been in
high-grade bonds, including Burlington & Quincy, Rock
Island, North West., Central of New Jersey, Erie firsts, Lake
Shore, Milwaukee & St. Paul, New York Central, New York
Susquehanna & Western, St Louis & San Francisco, Wabash
and W. st Shore issues. Central of Georgia consol 5s have
attracted attention. They sold to-day at 89!^, an advance
of 2 points within the w»ek. Special aotivity is noted in
Atchison, Chesapeake & Ohio, Chicago & Northern Pacific,
Missouri Kansas & Texas, N rtheru Pacific, Sau Antonio &
Aransas Pass, Rio Grande Western, Sauth Carolina & Georgia,
Southern Railway, Texas & Pacific and Wisconsin Centralbonds.
Railroad and Miscellaneous Stocks.—New efforts were
put forth early in the week to bring about a i>action in the
stock market, but they were unavailing, and prices for
almost the entire active list have advanced to a higher level.
A report was circulated Monday that a scheme for refunding
the early maturing North Western bonds was in pr. gress, and
all the grangers and stocks with which the North Western,
management is identified were in demand and have so con­
tinued. Lake Shore made a new high record, selling at 175
on Tuesday. North West, gained 8}* per cent and St. Paul &
Omaha 41* per cent. Several st' cks have this week recorded
i he hig- est quotations of the year, including North Wes ., St.
Paul, Burlington & Quincy. R ck Island, N•-w York Central,
Lackawanna, Reading, Chicago Gas and Pacific Mail.
Louis' file & Nashville, Missouri Pacific and Delaware & Hud­
son advanced a point or more. The market weakened
somewhat on sales to realize profits during the last hours
to day, and closing prices are in some cases a point below the
best.
Some features of the miscellaneous list have been unsteady.
Amerioau Sugar dropped 4 poims from its recent high sell­
ing price but recovered 2 points to-day. Consolidated Gas
had lost i% points on Wednesday and General Electric has
fracti nalh declined. The largest net gain in the active list
has been made by American Tobacco, amounting to 2%.
Chicago Gas has been in demand and closes at a gain of
1%. Bay State Gas advanced sharply on reporis that a con­
trolling interest i as passed into tha hands of parties repre­
senting the Standard Oil Company. United States Leather
was weak to-day on reports that the new tariff will provide^
for a duty on hides.

1214

THE CHRONICLE.

[ vol. LX1V,

M EW Y O K E S T O C K B X C H A N e E - ^ O T I K A ’ S T O C K S f o r w e e k e n d i n g J U m
m t« iiK .> r
MiitMj
J'Sl&V Xw* * J n t w

12

12%

If
33%
IQ h
24%
61
49%
81%

akIT lo w

t Turn l a y ,
[ jls n o

S

t p r ic e s .

j Wedseui d a y , |
JffUXQ -8. j

12% ' 1 2 % V J V
12%
24 ■ 24% 21%
24
13
10%
11
) 1
24
24%
24%
24%
of \ *60% 02'% 0 2
5 0 %■ 5 0 % 51 ; 5 0 %
82%
8 1 % 8 2 % ' Sl<%
it
$9%
$9%
9%
17%
17% 18%
§153% 353% *149

12%
21%
30%
24%
62 !
51%
83V '
9%
13%

]

Thursday, 1 F riday,
June 2 4 . 1 J a n e 25.
12
24 '
10%
24
02
50%
83%
•9%
17%

1
12% '
24%
10%
21%
62
51 1
JU% !
10%
18%

„ ,,
24 >4
JO’S
24
62%
80%
82 n
•B%

'

2 8 , a n d sin< * J A M . t ,
“

STOCKS.

iShur oh.

* V ‘ ,V V
S to c k ..
A tchison T opeka <fc S a n ta Fe.
24 V _
Do
pref
1 0 % B altim ore A Q h io .
1
245s B rooklyn R apid T r a n s it" ;
62% C anadian Paoltlo
51 % C anada S o u th ern .
83% C en tral of S e w J e rs e y ’ I "
10% C entral P acific..

19 9 7.

j8aJjs of
R ange fo r y e a r 1897.
i
10 n b"*i* o f iao-*ha,rt loft.

5,149

B o* eel.

H ighest.

9% A pr. 19; 12% Max. 3
17 Apr. 19 25% J a n . 30
9% J u n e 1 18 J a n , 8
18% Ja n . 7; 24% J u n e 16
3 0 0 46% M ar. 29| 62% J u n e 2 5
8,373 44% J a n . 13 f i l ’v M ar. 17
17,557 6 8 % M ay 2 1 103% Ja n . 19
no
55
7% Apr. £0: 15 J a n . 5
17%
10,950 15% Slur, 29 18% M ar. 15
148 . . . . . . jChicago & Alton . . . " " " I ” "
1
$150
M ay 24 $170 Mar. 1
§2
81
8 1 V HIV 82% 82% 83%
.O?
f i 3* k !1! 041®0 fhrU nK ton &. Quluoy 84,827 69% J a n . 5 64% J u n e 25
40
•37
40 , -37
40 | •37
*$*$
40
‘37
40
37
40 Chicago & E a ste rn Illin o is ...
37%
J u n e 7 45 Mar. 13
98
•95
98
>9S
98 ! *95
*95
98
‘95
96
98 1 0 0 j_
Bo
,,ref
200 $95 J a n . 8 100 J u n o 25
78% 78% 79 , 7 8 V 7 9 V
80%
Chicago M ilw aukee & S t.'paui 1 2 8 ,0 5 2 69% Apr. 19 8 1% J line 25
1.38
188% 139
139 139
139 139%
13i) ' 139 130%
Do
p ref.
2 ,7 5 2 130% M ay 6 139% J u n o 2 5
1 1 0 % 1 1 0 % 110% 1 U V 111% 114%; 114% 114%
Chicago & N o rth w e ste rn ....... 5 9 ,4 2 2 101% Apr. 19 118% J u n e 2 5
158 158 ; . . . . . . . . . . . J
5101 101 161 161
270
J a n . 12 161 J u n e 25
71
71% 71% 71% 7H% 7 2 % 73
70% 70% 70% 71
74 2 J!» aK ° ^ o k l a l a n d A pleiH e 8 9 ,1 1 7 153
„60% Apr. 19 74 J a n e 25
61% 01% 62%i 62% 03
*58% 58% 59
63% Chicago St. P au l M inn. A Om. 5 0 ,4 5 6 47
62% 63% 62
, ia n , _
2 6 1 % M ur. 17
-----..
142 U 5 $143 145 ’ 142 145 ’142 145 *142 145
145 145
Ja n . 18 14 5 J u n e 25
24% $24% 24% 24% 25
§23% 23% 24% 24%; 24
24% 24% Cleve^Gtnobj, Ohio. & S t f u i ’ ,1,993 1331«
2 1 % J u n e 1 33% M ar. 17
§63
63
2 5 1 63 J u n e 16 80 M ay 6
*2 % 3
*2% 3
2%
2%
*2 % 3
*2%
*2%
3
C olum bus H ooking Val. JfcToi
250
1 % Apr. 30 18
Ja n . 8
Do
n re f
40 J a n . 21 46 J a n . 21
107% 1 0 0 % n o 8 % io » % i ’0 7V 108 1 107% 109%
109% 109% D elaw a re <fe H u d so n ___. . . . . .
7,274 99% Apr. 1121% J a n . 0
1 5 2 s 152% 154 J5 6 1 156% 15S
152 155
156 159 ije la w areL aokaw an na& W eat
2,253 146% M ay 20.158 J u n e 23
-.1 0 % 1 1 %
1 1 % D en v er & Rio G ran d e
15
9% Apr. 20 12% J a n . 19
$41
41
42% 42% *42
43
42
42
2o0 36 Apr. 20 43% Feb. 1
*14
14% -14
14% ' l l
14% *14% 14%
Pref
‘ 14% 14% E rie D°
11%
Apr. 19 15% J a n . 18
$33% 33% • ......... 33% .................... ; *32
34
533% 33%
176 27 A pr. 19 35% J a n . 18
Do
’l e t p ref.
*19
19%
100 15% M ay 24 21 J a n . 15
*18
20
*18
20
*18
20
*18
20
20 J u n e 8 §24% Fel). 13
I
*120 125 ‘120 125 *120 125 |*120
120
125 G™af8v Ui?«* T e rre
120 J a n . 16 122 Feb. 5
8 6 % 97% §96% 96% *96% 97% $98
97
97%
328 91 % A pr. 19 98 J u n e X
8%
8%
8% 8% 8% 8%
*8
8 % Io w a C e n t r a l . . " ; .....................
345
6 A pr. 15
8% J u n e 18
$28% 28% *27
29
*27% 29
*28
30
260 23 J u n e 8 29 J u n e 23
15
15
15 15 : 14
14%
*14% 16 L a k e E rie & W estern”” } ^ ! ;
1,655 13 M ay 11 18% J a n . 18
67
67
*05% 09% 67% 69
69% 69%
4,988 58% A pr. 1 70% Ja n . 20
171 171 , 171% 171% 172 175
174% 174% *.........175
1,789 152 Ja n . 2 175 J u n e 22
„
S hore & M I«h.Soutlfern;
•40 50 I $40
40 ! *41 45
41
50 '-Cong Is la n d .
40 40 J u n e 10 55 J a n . 8
49 - 49% 49% 49% 49%
50%
„ __
50% 50% :Loulay)lie * N as'lm U m ........... 25,982 40% A pr. 19 52% Ja m 19
B7% 89% 87% 87-4 87%
84% 87% 8 8 %
8 8 % .8 9 % M an h attan E le v ared .o o n so i" 18,249 81% M ay 6 93 M ar. 2
109% 110% 110% 110% 1 1 0 % U 0 7 8 110% 110%
„„„
110% 110% M etropolitan T ractio n
2,212 99% M ay 3 110% J u n e 22
•'.19% 100 5100 100
9 9 % 99% 100 100% $101
101
100 100% M ichigan C e n tral.......
.........
908 90 J a n . 28 100% J u n e 23
*19
20 ! *19
20
20
19% 19% 19% 19% 19% 19% M inneapolis & S t l m n is
1,360 16 M ay 14 19% J u n e 25
82 ! "30% 82 ! a t% 8 1 % *81
8 2 % *81% 81%
81% 81%
257 77% M ar. 18 81% J u n e 22
D
o
1
st
p
re
f.
-0
50 l *49% 50% 50% 50% 50% 50% 60% 50% 5034 50%,
. . ^
470
2d T>PAf
1,410 46 Feb. 26 50% J u n e 23
12% 12% 12% 12% 13% 12% 12% 13
13
2,700
13
13%
MlsBonriiCaneas
&
T
exas
10 A pr. 19 14% J a n . 18
30% 30% 31% 31% 32% 31% 32% 31% 32
81% 32
Do
J J l f ' 15,218 24% A pr. 19 32%
M ar. 18
18
19
18% 18% 19% 19% 19% 19% 19% 1.9
20 ■M issouri P a c ific ..
*
21,885 10 M ay 6 24% J a n . 18
22 j *20
S3 | *20
22 | 20 20 *20 22
20% 20 %!Mobile & O hio....... ” ; ..............‘
200 18 J u n e 3 22% J a m 12
,*SSr
^ a ‘ 5 v.Ch a t t a 11o og a * 8 1 Igi u ts
$70 J a n . 25 $71 J u n e 8
100 V 101 101%
102 102% 102%
103% New Y o rk C e n tra l & H ndaou
18,93.4 92% Feb. 18 103% J u n e 25
13% *12
13%., __
1 3 % ! ____
13% ____
13%
13% 13% ‘13*4 13% New York Chicago & St. tu r n s
650 11 Feb. 11 14% M ar. 15
*60 75
75 : >60
~t<<
75 *60
75
*68
*65
75
68 75
75
65
*70
75
Do
1st p re f
67% A pr. 15 75 M ar. 17
*3!
3-’% ,32% 32% 32% 34% 34% 34% 33% 31% 33
34%
3,410 24 Feb. 10 34% M ar. 17
l - Jr* I " ’ . * '? „ 178 *172 174 $173% 174% *173 175 *173
New Y ork Now H a v e n A H a r t
271
160
Feb. 2 $178 J a n . 4
3 ! - 14*. $14% 14% *14% 11% 14% 15% 15
15% 15 "l5% New Y ork O n tario & W estern.
5,365 12% Apr. 19 15% J a n . 18
!>%
ll)*«
-it'-V.
(U, Qa.9% i 10
n
ns.
no?
)% iOh
9% 10
10
10%
*9% I10%!
9%
9% 93)
3,150
9%
New
York
Suet),
&
W
e
s
t,
new.
6%
M
ay 28 1 0 % J u u e 2 1
26%
20% 27% 20% 27% 27
27
28% 27% 27
27%
5,635 18% M ay 20 28 J u n e 18
*10% 12 *10 10%; *10% 12 I *1(1
10«g 11% *11
12
*11
12% N orfolk A W estern
p
r
a
t
9
Apr.
19 14% Mar. 11
*29
30% $30
30 ! $29
30
29% 29% *29% 30% $30
Do
30
240 22% M ay 5 30% J u n e 11
*1 •% 11% 1*% 14% 14% 15
1 4 % ia
14% 14% Nor. P acificR y .v o tin g tru -tig
14% 15
5,083
16% Feb. 1
11
A
pr.
19
41% 41% 40% 41% 41% 42’
41% 42% 41
42
Do
nref
39,232 32% J a n . 5 43% J u n e 14
20
22 f •20
20% 2.
22
20% 21% ‘20
21%
*19
21 Or. HR. & N av.O o. vot.tvctfs".
500
21
% J une 23
16
J
u
n
e
8
54% 64% 53
5o i 54
54
54
54
54%
53% 54% 54
Do pref., v o t tru st.o tfs.
1 ,-3 9 37% Ja u . S 56% J u ue 9
12 | 12% 13
*12
13% $12
*12
13
13
13 P ittsb u rg C to n . Ohio. & S t. L .
’11%
12
750
11%
Mar.
29
14
Ja m .21
*44
47
‘44
47
*44
40
*44
47
44% 44%
*44
47
300 41% J u n e 25 50 Fob. 1
Do
pref.
21% 21% 2 0 ; 2 1 V •21% 21% 21% 22% 22
2 2 % 21% 2 2 % R eading, v o tin g tr . oertifs
34,509
16%
Apr.
19
22%
J
u n e 23
$46% 40% 45; 46% 45% 46
46
47% 46% 40%
4 0 78 1 st pref., voting tr . oertifa” 13,291 138% Apr. 19 47% J u n e 15
•27
27% 27
27% 27 % 27% 28% 28% 28% 28% 27% 28%
I 2d p ref., v o tin g tr . o ertifs
3,743 122% A pr. 19 28% J u n e 14
......... ...................IRto G ran d e W estern____
I B 4 118% |1 1 8 118 1*117% 118% 118% 6118% 1 1 8 % 1 1 8 % $119 119 i Rome W a te rto w n * O g d e n s '”
430 $116 M ar. 8 $119 J a n . 18
3%
*3
4' '
"*
3% 3%
$3% 3%
$4
4
, 3 :(4 ,3 % St- Jo s. & Gd. is l., v o titr.ctfs.
860
3% J u n e 25
3% J u n e 14
4,0% 40% *40
41
40
40% 40
40
40% 40% $$*§
972
39
Bo
1
st
p
ro
f.
37% J u n e 10 41% J u n e 18
12
12% 12
12
$12% 12% 12 12% 12% 12% 12% 1 2 %
Bo
2d p re f.
1,987
I
t
J
u
n
e
10
12%
J u n e 24
*80
63
•60
03
•60
63 i •60
63
60
62
*60
63 St. Bouts A lt. & T. H ,,tr.re o ts
$60% M ay 11 62 51ay 20
5% 5% $5% 5%
$5% 5%; •5%
5%
$5% 5%
5
5
-St. L. tte San F r., vot. tr. o tfs.
607
6 J u n e 14
4 A pr. 19
49
50 i ‘9% 49% x47% 48% 47% 48
47% 47%
JZ 38
2°
l e t pref.6,333 37 Ja il. 29 50% J u n e 18
16% 17 i 16% 16% 16% 16% 16% 17
10% 17% 16% 17%
Do
2d prof.
9,983 12 Apr. 15 17% J u n e 15
3%
3 %:
3
3 ; *2%
3%
•3
3%
*3
3%
3%
3%
St.
Louie
S
o
u
th
w
este
rn
.........
1.500
1 Apr. 1 4% Ja m 18
'9%
ON
8% 8%
•8
9
8 % 8%
8%
8%
8%
9
B
o
pref.
1.500
S % A pr. 1 11 % J an. 18
*21% 43 j •21% 22 •21%
23
•21% 23
•21% 21
21%
22%
8
t
.P
a
u
l
*
D
u
l
u
t
h
______
_
.
400 20 J a n , 4 22% J un e 16
•72
87
•73% 87
•74
85
$75
71
*75
85
Do
p re t
90 75 A pr. 20 587 Feb. 8
*13* 123 ’118 125 •117 125
117 125
125 * 118 125 St. P a u l Minn, & M a u ito n a ..
114 J a m 28 118 M ar. 3
15
15 | 15% 15% 15% 15% 15% 15% 11*8
15% 15% 15% 15% S outhern PactfioO o.............. .
1.700
13% Ja m 13 15% J a m 18
9%
0
9 j
»% 0%
9%
9%
9% 9%
9% 9% S o u thern,voting tru st, oertif;
3,763
7 A pr. 19 10 J a n . 16
J2S
28% 28% 29
29% 29
29% 28% 29% 28% 29% Do p re f,, v o ting tru s t, c e rt. 15,312 22V
A pr 19 29% Ja m 19
10
1 0 % ; 10% 10% 10% 10% 1 0 % 1 0 %
10% 10% T ex as & Faolfto.........................
6,601
8 Apr. 1 10% J u n e 14
6%
0%
6%
6%
6%
6
6%
5%
6%
Dm
on
P
acino
tr
u
s
t
r
e
c
e
ip
ts
..
14,645
4%
A
pr. 19 10 J a n . 5
2 ; M 7’
2
2
2
2%
2
2 % *2
2% O n io n P a c ific D e n v e r* G u lf.
1,175
1 Apr. 24
2% Ja n . 6
6
«
6%
«%
0%
$6% 6%
6
6
5% 5% W a b a s h ............. ...
4% M ar. 29
7% J a n . 10
2,300
15% 1 5 %; 15% 15% 15%
15% 15% 15% 14% 15%
Do
pref.
4.700 11% A pr. 19 17% Ja n , 18
%
%
%
%
W
heeling
A
L
ak
e
E
r
i
e
....
460
%
J
n
n
e
1
6% J a n . 2
5 jI
” .. . . . r i 1 *3 ’ .....T i *3
4
*3
4
*3
Do
pref.
2% A pr. 15 29 J an . 5
M i s c e l l a n e o u s S to e K s .
£%:! $14
14% 14% 14% 14% 14%; 14% 14%
14% 14% A m erican C otton Oil Co.......
1,167
9% M ay 28 15 J u n e 15
-1 % 62
62 iI 62% 62% $03
03 ; 62% 03
02% 63 |
Do
p ref.
855 52% Feb. 16 63 J u n e 24
it
n%
n
n i $U
U%
11% 1 1 % 11
11% A m erican S p irits Mfg. Oo___
4,827
9% Apr. 23 14% J a n
9
§30
30%' 30
30%,
29% 29% !
Do
pref.
1,233 20 J a n . 5 34% Mur. 15
lit
*22% 12 a *h 122% 123%!
122% 125% A m erican S u g ar Refining Co. 169.418 109% M ar. 29 126% J u n e 15
ICO
2,® ^’ ™ % 108% 100% 106% 106% 106% 100% 107 j
Do
p re t
2.470 100% J a n . 7 108 J u n e 12
73
/-* * 73
74% 74
77
75% 70%
10
77% ;A m erioan T obacco Oo............. 32,342 67% Fob. 15 7 9 % .ta n . 14
100 lO t 1*104 108
108% toil
106
109
$108%
108%!
Do
pref.
360 100 Fob. 11 109 J u n o 23
12
h 12% 12% 12% 13-,. U % 15
18% 15% Bay S tate G a s ...........................
7% A pr. 17 15% J u n e 25
89%
«»% DO1
89% 91% 9o% 91% !>l% 02% OhicagoGaB O o.,certs, of dep. 89,165
Mt
73% J a m 5 92% J u n e 25
90,258
165%
161% 100%; 103%
105 i
i
iiiii
105
164% 165% C onsolidated G as C o m p an y ..
7,315 136% J a n . 2 168% J u n e 18
33% 33 38% 33% 38% 164
33% 33%
3,852 23% May 17 36% F eb. 2
28% 2 8 V 28% 29%l 29% 29% 33% 88*4 G eneral E le ctric Oo..................
29
*29%, N ational B ead Co......................
21% Fell. 16 20% J u n e 25
§95% 06 %j 96% »«%' $97
97% $96% 97% !
D
o
p
r
e
t
\ 6o2S 88% Feb. 13 90% J u n e 23
4% 4 %;
4% 4%
*4% 4 V N o rth A m erican Oo...... ...........
774
4 i3i
3% A pr. 20
5 Ja n . 18
20% 20%; 29% 30%
30
30% 29% 3 0 % |Pacific M ail................................ 18,054 24 J a m 9 30% J u n e 24
*00 . . . *J *90 ......... •80
*90 -------P ipe U n e C ertificates................
i« 5 105 \
1,399 152 J a n . 2 107% J u n e 25
6 0 % ' * 6 0 % 0 0 % ! *60% 60% 107% 167% P ullm an P alaeeO arC o m p an y
*00% 00% Sliver Bullion C e rtific a te s....
60 J u n e 9 65% J a n . 27
8% ;
*8%
6 |
45%
5%
$5%
.5%
s
ta
n
d
a
rd
Rope
&
T
w
in
e
.........
895 5% J u n e 18 11% J a n , 19
24%
2 4 % 2 4 %!
24% 24% 23% 24% T ennessee Coal Iro n * R R ... 13,35 4 17 M ay 2 0 31 J a n . 18
7% ;
$7%
7% :
*7% 8
7% 7% U nited S ta te s L e ath er Oo.......
606
6% M ay 22
9% J a n . 19
8 8 % ; 0** % S 8 % | 58% 59%
58% 59%
Do
pref.
8,000 50 A pr. 22 0» J a n . 19
12%
1;?%! 12 % 1
12%
12%
U
nited
S
tateg
R
u
b
b
er
Co.......
1,182
10 J u n e 3 25% J a n . 19
*50
<v e %
61
01
91
61 I
Do
pref.
1,285 55 J une 3 ’ 70 % J a n . 5
*3%
83
83% |
83
83% 63% 84% W estern Union T elevranb
30 143 7 5 a. Mflv
War 17
m le it l& d d
%
s
1 m are* , t 8 uiga d a te s from a .Mug on E xchange, A pril 8.
S*f
n i
34%
*&!
• ld %
B2
*10
17%

EH %
vi )
24U
02 j
&o i
B2H
11
17%

S 5 & pte'.......

r»-

2 0 ,5 6 0

1,750
6,018

THE CHKONICLE,

J uhe 26, 1897. J

1215

VOKK STOCK EXCK4.VOE PftfOES (Conti n nodi— IN A C T I V E S T O C K S ,
Ju n e 25.

I nao tty b St o c k s .
1 1 n d ic a te s u n lis te d .

B id .

A sk.

R a n g e (s a le s ) i n 1 8 9 7 .
L o w e s t.

-1 0 0
..1 0 0
..1 0 0
e .1 0 0
C h ic a g o G r e a t W e s te rn .,
..1 0 0
. . 50
- .1 0 C
..1 0 0
1 1 .1 0 0

P re fe rre d .

___ 5C
..1 0 0
..1 0 0
.1 0 0
.1 0 0 0
.lo o t
..1 0 <
..1 0 0
- .1 9 0
..1 0 0
..1 0 0

173
9
2 7 >4

170
8=S
22*8
*8
*4
107
102
105
20
16%
60
55
65
68
75
3%
4
3=8
40
40
164
170
161
9
7
8*5
64
3
2%
3%
6%
6
7
11
29

10
35
40
4
2
1 0= 8

40
50
4>,
4
14

:i= s
164
168
37

N . Y. & H a rle m
. .I O C
d .1 0 0
) ..1 0 0
- .1 0 0

P r e fe r re d ..
*N o p ric e F r id a y

.. 100
. 100
..1 0 0
..1 0 1

1-?
)1 5 %
:%
3
7
172
168
182
17S
139%
25
40
70

l a t e s t p r ic e th is w e e k .

F e b . 177*5 A p r.
10*5 J a n .
A p r.
A p r.
29
June
*5 J a n
A p r.
M a r. 1 0 5
Jan .
M ay
20*4 J a n .
55
Feb.
Feb.
A p r.
72
Feb.
5
Jan.
June
Feb.
40*4 M a r.
A p r. 168*4 J a n .
A p r.
9
June
A p r.
M ay

3=8 F e b .
8
Jan .

7
Ju n e
30
M a r.
2 7 % A p r.

1 1 *5 M a r .
37
Jan .
35
Ju n e

4
2
12

28*5 J a n .

A p r.
le b .
M a r.

5
3

Jan.
Jan.

7*< A p r .
1*4 M a r.
162*5 J u n e

32
9
1 78
167

F»b.
June
June
Jan .

295
119
l u 78
*4
3* 5
150
180
25

Feb.
Jan.
M a r.
Ju n e
Feb.
M ay
Jan .
M ay

324
122
16
2 *s
ft
169*5
185
40%

M ay
M a r.
Ju n e
Jan.
A p r.
M a r.
Jan.
Feb.

1

Ju n e

Ju n e 25.

I n a c t iv e St o c k s .

B ia.

ff I n d i c a t e s u n l i s t e d .

H ig h e s t.

R a ilr o a d S tock s.

(% In d ic a te s r i t u a l s a le s ,)

m is c e lla n e o u s S to c k s .
A d a m s E x p r e s s ................................. ICO
A m e r i c a n B a n k N o te C o H ............
A m e r i c a n C o a l...................... , . . . 2 5
A m e r i o a n E x p r e s s .............. . , , . . . 1 0 0
A m e r . T e le g r a p h <fe C a b l e .......... 1 0 0
B r o o k ly n U n io n G a s ........................1 0 0
B r u n s w i c k C o m p a n y ..................... 1 0 0
C h ic . J u n e . R y . & S to c k Y a r d s . 1 0 0
C o lo r a d o C o a l & I r o n D e v e l . , . 1 0 0
C o lo r a d o F u e l & I r o n ....................1 0 0
P r e f e r r e d ......................................... 1 0 0
C o l. A H o c k . C o a l t r . r e t s . a l l p d . 1 0 0
C o m m e r c i a l C a b l e ........................... 1 0 0
C o n s o l. C o a l o f M a r y l a n d .......... 1 0 0
D e t r o i t G a s ........ .................................1 0 0
E d i s o n E l e c . 111. o f N . Y .............. 1 0 0
E d i s o n E le c . 111. o f B r o o k l y n . . 1 0 0
E r i e T e l e g r a p h & T e le p h o n e ..100
I l l i n o i s S t e e l ........................................1 0 0
I n t e r i o r C o n d u i t A I n s ............ . . 1 0 c
J e ff. & C le a r f . C. & I. p r e f .......... 1 0 0
L a c l e d e G a s .........................................1 0 0
P r e f e r r e d ...........................................1 0 0
M a r y la n d C o a l, p r e f .............. . . . . 1 0 0
M i c h i g a n - P e n i n s u l a r C a r C o . . .1 0 0
P r e f e r r e d ...........................................1 0 0
M in n e s o ta I r o n ................................. 1 0 0
N a t i o n a l L i n s e e d O il C o ...............1 0 0
N a t i o n a l S t a r c h M fg . C o ..............1 0 0

R a n g e (s a le s ) i n 1 8 9 7 .

A sk.

L o w e s t.

1154
43
110
112
192
J109

147*4 F e b .
45
125
113 " A p r.
114
109*5 J a n .
94
85*2 J a n .
.T an .
109*8 8 5
^8 J u n e
%
%
102*5 M a y
*2 J a n .
*5
1534 M a y
+17
18
75
Feb.
85
3%
4%
3*4 J u n e
166
162*5 M ay
38
35
Feb.
20
Jan .
115
117
101% J a n .
107
Feb.
109*8 9 7
63*5 A p r.
165
36*5 3 9 %
29*5 A p r .
35
123%
183
40
152%
1 13*5
4*5
5%
6*4
325
1
115

TbXi*S ;

140
1106

U . 8. E

7* 2 J a n .

24

22
M ay
70% M a r.
50
M ay
12
Jan .
42
M ay
38
A p r.
53
10
M ay
3
M ay
5%
7
4% M a y
7%
6 78 J u n e
340
M a r.
2
1*5 J u n e
8
A p r.
8%
102
Jan.
119
65
A p r.
6
A p r.
37
Feb.
97
Jan.
60

_

H ig h e s t.
155

Jan .

125
114*5
94
10958
°8
10558
1* 4
27
85
4%
162*5
37*«
25
117
109*4
67
42

Jan.
M ay
June
M ay
Jan.
A p r.
June
Jan.
M ay
M a r.
M ay
Jan.
Jan.
June
June
Jan.
Jan.

25
83*2
50
12
52
53
15
5%
5*«
10%
340
1%
11%
108
70
6
41
107

Jan.
M ay
M ay
Jap .
F ib .
June
Jan .
J une
June
Jan.
M a r.
Jan.
Jan .
Feb.
Jan.
A p r.
A p r.
June

B id .

A sk.

78

80

64*5
3

65

I A o tu a l s a le s

NEW YORK STOCK EXCHANGE PRICES.-STATE B O N D S J U N E 25.
S E C U R IT IE S .

B id . ! A sk .

A l a b a m a —C l a s s A , 4 t o 5 ____1 9 0 6 1 0 7
C l a s s B , 5 s ...........................................1 9 0 6 1 0 6
C l a s s C , 4 s ........................................... 1 9 0 6 1 0 0
C u r r e n c y f u n d i n g 4 s .................. 1 9 2 0 1 0 0
A r k a n s a s —6 s , f u n d , H o l . l 8 9 9 - 1 9 0 0 ...........
N o n H o l f o r d ................................................! ............
7 8 , A r k a n s a s C e n t r a l R R ............................... .
L o u i s i a n a —7 s , c o n s ....................1 9 1 4 ........... .
S t a m p e d 4 s .................................... .............. .........
N e w c o u s o l s . 4 s ............................ 1 9 1 4 !
96

S E C U R IT IE S .

B id .

N e w b o n d s , J & J ............1 8 9 2 - 1 8 9 8
C h a t h a m R R ...............................................
S p e c i a l t a x , C l a s s I ...............................
C o n s o l i d a t e d 4 s ...........................1 9 1 0
6 s ..............................................................1 9 1 9
i S o u t h C a r o l i n a —4 * 2 3 , 2 0 - 4 0 . . 1 9 3 3
i O s, n o n - f u n d .................................... 1 8 8 8

New lork City Hunk Statement for the week ending
June 19, 1897. U'e o m it ta o cip h ers ( 0 0 ) in a ll cases.
B anks.
(0 0 b o m itte d .)

L e g a t e . \D e p o s i t s .

B a n k o f N ew Y o rk .
M a n h a t t a n C o .............
M e rc h a n t* * ’ ............
M e c h a n i c s ’ ...................
A m e r i c a ........................
P h e n l x ...........................
C i t y ...................................
T r a d e s m e n ’s ................
C h e m i c a l . .................
M e r c h a n t s ’ E x c h ’g e
G a l l a t i n ..........................
B a t c h e r s ’ A D r o v ’r s ’
M e h a n l c s ’ A T r a d ’s
G r e e n w ic h
L e a t h e r M a n u f a c ’r s .
S e v e n t h . . ......................
S t a te o f N e w Y o rk
A m e ric a n E x c h a n g e
C o m m e r c e ....................
B r o a d w a y . . .................
M e r c a n t i l e ...................
P a c if i c
R e p u b l i o ..............
C h a t h a m ..............
P e o p l e s ’.............. .
N o r t h A m e ric a
H a n o v e r ..............
I r v i n g .................. .
C i t i z e n s ’ .........................
N assau
M a r k e t * F a lto n ...
S h o e A L e a t h e r .........
C o r n E x c h a n g e .........
C o n t i n e n t a l ------O r i e n t a l ................
I m p o r t e r s ’A T r a d 'r e
P a r k ..............
E a s t R iv e r .
F o u r t h ____
C e n t r a l ........
Second
N in th
F irs t.,
T h i r d ............
N . Y . N a V l E x c h ’g e .
B o w e r y ..........................
N e w Y o rk C o n n t y . .
G e r m a n A m e r i c a n ..
C h a s e .................
F ifth A v en n e
G e rm a n E x c h a n g e ..
G e r m a n i a .....................
U n i t e d S t a t e s ............
L i n c o l n ...........................
G a r f i e l d ..........................
F i f t h ...............................
B a n k o f t h e M e tr o p
W e s t H id e ....................
S e a b o a r d ......................
S i x t h ...............................
W e s t e r n .......................
F i r s t N a t. B’k ly n ...
N a t. U n io n B a n k . . .
L ib e rty N ai B ank
N Y . P r o d . K x r h ’e e
B k . o f N . A m s te r d a m
T o t a l .........................i6 0 ^ 0 2 2 ,7 7 5 ,0 8 8 ,8 ^ 5 1 8 ,5 5 0 ,8 9 0 ,0 5 0 ,2 1 0 9 ,4 7 2 ,8 6 9 2 ,5 2 8 ,2

104
128
105
81

S E C U R IT IE S .

A sk.

130

T e n n e s s e e —6 s , o l d ............1 8 9 2 - 1 8 9 8
6 s , n e w b o n d s ..............1 8 9 2 - 8 - 1 9 0 0
Do
N e w s e rie s .. . . 1914
C o m p r o m i s e , 3 - 4 - 5 - 6 8 .............. 1 9 1 2
N e w s e t t l e m e n t 3 s ......................1 9 1 3
R e d e m p t i o n 4 s ...............................1 9 0 7
Do
4*58.............................. 1 9 1 3
P e n i t e n t i a r y 4 * 5 8 ......................... 1 9 1 3
V ir g in i a f u n d e d d e b t, 2 - 3 S ....1 9 9 1
6 s , d e f e r r e d t ’s t r e c ’t s , s t a m p e d .

New York City, Boston and Philadelphia Banks:
Oa s e s .
n7Y".»

M ay 29..
June

5..

“
“

12..
19 .

B o s .*
J u n e 5 ..

“
“

12.
19..

C apital At
S u r p lu s .

L o a n s.

Specie.

L eo a is.

$
1 3 4 .8 8 3 ,7
1 3 4 ,8 8 3 .7
1 3 4 ,8 8 3 .7
1 3 5 ,1 1 1 ,5

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

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

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

6 3 .3 9 3 ,8 1 7 0 ,3 7 2 ,0 1 0 ,1 1 7 ,0
6 3 .3 9 3 .8 171,M h6.0 1 0 .4 0 6 .0
6 3 ,3 9 3 ,8 1 7 3 ,9 2 0 ,0 1 0 ,9 5 9 ,0

D e p o sits.d O irc’V n

C le a rin g s t

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

$
1 4 .3 2 9 .0
1 4 .3 2 2 ,3
1 4 .2 1.5
1 3 ,9 9 2 ,7

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

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

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

8 4 .1 7 6 .8
9 8 .4 4 4 ,8
9 8 ,8 9 6 ,8

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

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

P h i I n .*
J u n e 5..

1 1 9 ,2 8 2 ,0
3 7 ,0 1 9 ,0
3 5 ,3 8 8 ,0 1 1 1 ,9 3 3 ,0
1 1 8 ,8 7 1 ,0
3 6 .3 1 0 ,0
3 5 ,3 8 8 .0 1 1 2 ,2 0 7 .0
1 1 8 .9 7 0 ,0
3 5 ,3 8 8 ,0 1 1 2 .0 4 6 .0
36 .7 7 9 ,0
* W e o /iir tw o c ii hers i n a ll th ese fig u re s.
t I n c lu d in g f o r I io sto n a n d P h ila d e lp h ia t h e i te m “ d u e to

“ 12..

“

19..

o th e r h a n k s ”

Miscellaneous and Unlisted Bonds:
M is c e lla n e o u s B o n d s.
m is c e lla n e o u s B o n d s.
C h . J a n . A S . Y d s.—C o l.t.g .,5 s
J e f f . A C l e a r . C . A I . 1 s t g . 5 s 100 b„
2 d g . 5 s ........................................
C o lo r a d o C. A 1 . 1 s t c o n s . 6 s ,g .
77*ab«+
C o lo r a d o F u e l A I . —G e n . o s .
M a ii h a t. B e a c h H . A L . g . 4 s .
i :ol. A H o c k . C o a l. A I . —6 s. g.
M e tr o p o l. T e l . A T e L 1 s t 5 s ..
C o i .m e r c ia l C a b l e —1 s t g . 4 s .
M ic h .-P e n ln . C a r 1s t 5 s
C o n s .G a s C o ., C h ic .—1 s t g a .5 M u tu a l U ' io n T e l e g . —6 s , g . .
N a t . S t a r c h M fg . 1 s t 6 s
D e B a r d e le b e n C . A I . —g . 6 s.
100
D e t. G a s c o n . 1 s t 5 ....................
N . Y A N . J . l e le p . g e n . 5 s .
N o r t h w e s t e r n T e l e g r a p h —7 s
E d i s o n E l e c . 111. C o .—1 s t 5 s . .
Do
o f B k ly n ., 1 s t 5 m. .
P e o p l e ’s G a s A C . * 1 s t g . 6 s .
C o., C h ic a g o . . . ) 2 d g . 6 s . T 0 7 b ;
E q n i t . G .-L , N . Y .,c o n s .g . o s
1 s t c o u s . g . 6 * ............................
E q u i t a b l e G . A F .— l * t 6 s ___
S o u t " Y n b a W a t e r —C o n . 6 s .
E r ie T e le g . A T e le p . 5 s , g . . .
S t a n d a r d R o p e A T .—I n c . 5 s.
G a l v e s t o n W h a r f . o .—1 s t 5 s
S u n d a y C re e k C oal 1 s t g 6 s.
H e n d e r s o n B r i d g e —1 s t g . 6 s .
W e s t e r n U n i o n T e l e g .—7 s . . .
I l l i n o i s S t e e l d e b . 5 s ..................
W e s t e r n G a s c o ll. t r . 6 s . .
N o n - c o n v . o e b . 5 s .....................
* *9*6*ab.
N o t e —“ ^ ’’i n d i c a t e s p r i c e b id ; “ a ” p r i c e a sk e d . * L a t e s t p r i c e t h i s w e e k .

110%b,
15*"a*.

Bank Stock List —Latest prices. CfNewstock. *Not Listed.
BA NK S.

B id .

A sk.

A m e r i c a . ........ 3 2 0
A m . E x c h ... 168
A s t o r P la c e * 2 2 0

176

B r o a d w a y . .. . 2 2 5
B u t c h .A J D r .. 10 0
10 0

240
130
170

C h a t h a m ........ 2 8 0
4000
500
C i t i z e n s ’........ 1 2 5
170
204
C o n tin e n ta l. 130
C o rn E x c h ... 285
13 5
200
3000
250
2500
F i r s t N . , 8 . 1 . 12 0

300

17 2
310
G a n s e v o o r t* .

140
205
1 40
295

BA NK S.

B id .

G a r f ie ld ..
500
G e rm a n A m . 110
G e r m a n E x .* 3 0 0
G r e e n w i c h .. . i*6*5
H a n o v e r ........ 3 2 5
H d e A L.* . .
155
Im .A T r a d T f 5 20
135
130
750
215
M a rk e t A F u l 200
M e c h a n ic * ’. 19 0

182
330
100

330
340
95
540
150
180

L ib e rty * ....

105
140
112
440
150

A sk.

M t. M jc r rls ..
250
200
i
230
i N . Y . C o ’n t y 0 0 0

230
240
200
12 5
185
145
11 8

BA N K S.

B id . A s k .

N .Y .N a t.E x
N i n t h .............. 100
1 9 t h W a r d . . 100
1 25
O r i e n t a l ........
P a c i l i o ........ 175
255
205
P h e n l x ___ 1 0 6
180
115
R e p u b l io .. 1 5 0
le t;
425
S e v e n th .
100
S h o e A L e ’t h 9 L
10 8
T h i r d ............
97

200
U n i o n S q .* .. 1 7 5
165
17 5
170
11 4
23 2 * a
W e s t S id e ... 275

9 7*2
11 0
18 5
200
263
110
120
160

96

130
185

THE CHRONICLE,

216

[VOL. LX IV.

BOSTON, PHILADELPHIA AND BALTIMORE STOCK KXUJANHJKS.
ry th a r*
A c tiv e S t o c k ! .
| fadieyhtA*

[ S atu rd ay ,
| Juts* 19.

M onday,
J u n e 21.

P ric e * — n o t P e r C e n tu m P ric e * .
T uesday, I1
J u n e 23.
J u n e 21

T hu rsd ay ,
J u n e 24

F rid a v.
J u n e 45.

Sale*
of th e
Week,
S harer.

12% 12% 12% 12%
12% 1 ~
12% 12% 1 2 % 12% 13%
MM&- T, A 8%
. 100
*%
~j |
* ?*g»
**
|2 $ 1 12 '
10
12
......
v*r# A Oftio ( J ^ l f c i 4 w
•04
05
•63%
Hals. City P»*»'*e» "
*}
18% 13%
18% 18% *!S% 19
' 8% 19% T h \ 19
BaMlrnere TtAOUcm “
25 •i>>% 19%
1 8 a 19%
19% 19
18% 18%
18% 18%
19% i ‘>
25 ; 19% 19%
212 . .... i 213% 213% 213% 213%
2 )3 213
,So.*t«»- A ASbat!V l BtX to n '. 100 ; 212 212 *212
20u
.......
1
'209
212
2
'2 212 i
*209
*209
•209
.
.
.
.
j-Lwtafc A Lowell
*‘
1
... 160 160 *160 160% 160 160 , ■100 180% 180 100 j
•160
Boston A M aine.
l
•9
t
o
;
■9
V>
9%
9%'
*9
10
*9
10
9%
O relr* . nf Mass .
*'
1
*66
57
! I!
56
56 ; 56
' P re fe rre d .......
"
I
32%
83%
83%
94%
82%
82%
83%'
81%
81%
81%
81
81%
C hbvSor.A <gatn.
*•
l
79
?»■% 79% gitSfl 79% S0% S0% 81%
7 h % 78%
78% 79
d ite M il.* S i. P. (Pk U .).l
7%
7%
7%
8
7%
8
8
7%
7%
7% 7% *„____
o te o .0 A G .votX e.
17
18
18
•16
IS
17
t i t . 8 t.R y.of ln d r ••
l
94%
95
94%
95
94%
94%
9
4
^
9
4
*
9
4
%
9
4
%
;
9
4
%
94%
ViWhbare p ro !..( B o tlo n ).)
28% 27
27% 27% 27% 2 7 Ta
27
27
23%
27
27% 27
Lehlgb V alley.. (P h ilo ,),
no
110
1 1 0 % n o % 110*\ 1 1 0 \
1 1 0 % 1 1 0 % 109% 109%
M etroim rnTrae.C “
1
*8%
9%
9%
9%
9%
8%
9%
9 % * »*M ' ” 9%'
8% 9=16
I,.ts.-»n Oenl*l ( B o tto n ).)
*22
25
......
S ew E ngland---“
1
*62~ 65'
*62^ ......... • O r '6 7 % “7 0 " ' ” 7 0 % 71 % 74
*61
p r e f e r r e d .........
“
• 7 2 % .........| •72% 73
•72% 73
73
♦72% 73% 73
N orthern C entral ( S a l .). 50 •72% ....
14% 14%
147g 14% 14=8 14%
15
15
S o rth e rt Faeifi© ( P h ilo .) 100 14% 11% 144* 14%
41%
12
40%
4.1%
41%
42%
41% 41%
42% 42%;
P referred
"
100 t U s 41%
177% 177% 177% 178 *177 178
177% 178
O R Colony___. ( Boston) .100 177 % 177% 177% 178
53% 53%
53%
53%
53% 53
53% 5 3 % 5 3 %l
53% 53
P en n sy lv a n ia .. J P h ilo ,) , 50 53
71% 717a
7 i% 7L% 71% 72
Phlladelph. Tran.
**
50 70% 70% 70% 70% 70% 71
1O%1O1310
10l*tg
1 0 % 1 1 %;
•ba 1078
„ I0»®i« 11*ii,! n > U >
“
50 10% 10%
Reading Co___ _
5%
6 I
6%
6%
6%
6%
6
6"
6%
6%|
0%
0%
36*0# P a c ific .,.(B o tk in ),100
10% 107%
10% 10% 10% 10%
9% 10
1 0 % 11
11
11%
U n lo n T rao tio n ,.(P h ilo .). 50
J l U r o l l a n e o u e S to c fc a .
122% 123% 122% 125%
Am. 8 a sr’r Re tin. I ( B otlon). . . 123% 124% 122% 123% 122% 123% 122% 124
106% I f 0% 106% 108% 106 % 106%! 106% 107
106 107
P re fe rre d .........
“
— 108
230 231
731% 234
231 231
231 2 3 1
3*11 T elephone..
"
100 230% 231 I 231 231
132% 133
132% 133
132% 134
Host A M ontana.
“
25 129 129 j 138% 129% 129% 132
22 % 21% 22% 21% 21%
3 o tt« & B oston J
“
25 20% 21% 20% 21% 2 1 % 2 2 % 22
380
380
390 390
3
9
5
3
4
5
385
385
395
395
335
390
U alum et A H eola
"
25
‘62% til
70
•62% 70 *
62% 02% ' ........ 70
Canton C’o ...........(B a ll,). 100
*56%
57%
57
57
•56
56%
56%
‘56% 57
57
57
57%
Consolidated G as
"
100
21% 21%
Etee.Stor. Batfyfl (PAiia.1.100 19% 19% 19% 20% 20 % 20 % 20% 21% 21% 21%
20
21
‘22% 23%
2
2
%
2
2
%
22%
22%
23%
23%
22%
23%
P referred Is
*’
100
85% 65
65% 65% 65% 65% ‘ 65
65%
65 8 *65
66
SHe T elephone. (Bouton). 100 *05
*33
33%
33
33
33
32% 33
32
33%
33
33
G eneral E lectric.
”
100 33
74
74
74
*73
74
74
74
*74
78
•74
77
P re fe rre d .........
100 74
‘36%
37
37
37
*36%
38
37
37% 37%'
37
■36
38
Illinois S te e l___
“
100
18
15% 18
18% 19%
14% 16
16% 17%; 18
18%
Lam eonStoreSer.
“
50 18
42
42%
41% *10
41% ....... . 41% ’ 40
41% 41% 41
Lehi’bC oalA N av.fT W ta.) 50
'104 104%
‘ 105 ...
1. E .Telephone (B o tlo n ). 100 104% 101% ♦ 101% ........ 104% 105
104% .
14
14
14
14
14% 14%
14% 14% 14% 14% 14% 14-s
?a.B eat,L .A P ow f P M /a.).......
74% 71 %! 74% 74% 74% 7ft
74% 76
Ja H tU ia e lm p .tl
“
50 71% 74% 74=a 74%
48
49%
48% 48% 48% 49
45% 47
48% 48%
AVshaoh U g h ! '
‘‘
5 X46% 47%
•2%
2%
•2=8
2%
’ 2%
2%
‘2 %
2%
•2%
2%
2%
2%
Week End L a n d ..(B o tlo n ) —
• Bid and asked prices; no sale wsb m ade.

•To" min: Himmin

%ioa%

Inactive Stock*,

Bid.

Sonda.

Bid.

A sk .

74
Boston U nited Gas, 2d m . 5 8 ..1988
73
P riett of J u n e 25.
A tla n ta & C harlotte (Rolf.).100 9 2 % ......... B nrl. A Mo. R iv er E x e m p t 6 b, J& J i l l 9 1 1 9 ^
Boston A Providence (Boston).100 864 265
N on-exem pt 6s ....... . . 1 9 1 8 , J A J [107 108
Cam den A A tlan tio p f. (P hilo.). 50 ......... 1..........
98
P la in 4 b .......................... 1910, J<fcT 95
C atatriM a.........................
“
50
.! .......... Ohio. B url. A N or. 1s t 5 ,1926, A AO 104 1 0 4 ^
n : p re fe rre d ...........
“
50 5 0 % ...........
2d m ort. 6s . . . . . . ___ 1918, J& D 100 101
C entral O hio................ (Balt.) 50 ......... 24
D ebenture 6s_______ 1896, J& D
Chicago A W estM ioh.(Boston).100
7
10
9t>
Ohio. B nrl.& Q uinoy4 s . 1922, F&A 95
Cooneetiout A P a s s ..
100 150 151
Io w a D ivision 4s . . . . . 1 9 1 9 , A AO £9 100
Connecticut E lv er . . .
“
100 245 250
Chic.&W.Mich. gen. 5 s, 1921, J& D 60
61
Oon«ol. T r a c to f N .J.U (P*U o.)_l00 28
29
58
57
Consol, of V erm ont, 5s. 1913, J& J
Delaw& reABonndBr.
“
100 ---- C u rren t R iver. 1st, 5S..1 927, A&O < 60
70
F lin t A Pens M arq. . . ( Botton) .100 10 '*12* D et.G r.R ap.& W ., 1s t 4e,1948. AAO } 69
70
P referred ....................
“ 100; 27
30 .E astern 1s t m o rt 6 g . l 9 0 6 ,MA8 . . 121 122
HestonviUe P asseng. (P h ilo .). 50; 50
51
F re e.E lk ,A M .V .,l8t , 68.1933, end. >131^ . . . .
P referred fi...........
“
50 61% 63
U nstam ped, 1st, 6s, 1933............. >131%.........
H unt. A Broad T o p ...
“
50; .......
16 ;K.C. C. A Spring., 1s t,5g „ 1925,AAO 60
70
P re ferred ......... . ......
“
50 48
48% K O . F .8 .A M . o o n .6 s, 1928, MAN 94
95
jCan. C T F t.8 . A M em .(Bofton).100 10
15 ;K.O. Mem. A B ir. ,1st. 2s,1927, MAS 70
71
P re fe rre d .............
“
100: 35
45
122J A J123
K.
C. S t. Jo . A C .B „ 7s . . 1907,
JJttie Schuylkill......... (P hilo.). SO! .........
52% L. Rook A F t S „ 1st, 7 s .. 1905, JA J
80
85
Maine C en tral...........(B otlon) 100 122
123
Louis.,Ev.A 8t.L .,l 8t ,6g . l 926,AAO 100 102
Mice Hill A 8 .Haven.(BAKU.). 50 .......
56
85
2m ., 5 - 6 g ................. 1936, A AO
87
sfeaunebotLing V a l. . .
“
50 53%
Mar. n . A O nt., 6s ....... 1925, A&O 107 108
North Am erican C o ..
“
100
M exican C en tral, 4 g . . . 1911, J A J 70% 71
North P en n sy lv an ia.
“
50
1s t oonsol.lnoom es, 3 g, non-eum , 21__ 21%
Or.Sb. L ine mil &»st,pdf Dotto n ).100 15% 15%
2d oonsol. incom es. 3 s, non-onm .
8%
8
P ennsylvania AN, w , (P h ilo .). 50,
N. Y. A N .E ng,, 1s t , 7s ,1905, JA J* 119 119%
Phlladel. A E rie..........
“
50 T T
2 6'
1s t m ort. 6s ............ . . . 1905, JA J 113 111
R utland ....................... (B o tlo n ). 100
1
86
Ogden. AL.C., Con ,6 s ... 1920, AAO 85
P re fe rre d ,...................
11 100 ........
In c. 6s ........................................1920
15
S o u th ern..................... ( B a lt,) . 100 .......
107
R a tla n d , 1 s t,0a.............1902,MAN 105
P referred.....................
*' 1001 ........
2d, 5s ......................... .1 8 9 8 , FAA 100 1 0 2
.Vest E n d ....... ............ (B otton). 50 84
84%
Preferred ...................
•'
50 95
95% A « a » - l ^ ^ . ? ® l a MAN n o
lulled Ooa. ot X. .1 .. (PM la.).lO O 245% 246
Buffalo Ry. oon. 1 st, 5 s ...........1931
"'■at Jersey A S eaS h ,
“
50 49 1 60
C ataw issa, M .,7a ........1900, FAA 109%
W retarn N.Y. A P eo n
“
100,
2% Choo. Okla. A G ulf, p rio r Hen 6a
2%
109
#'i*r >n«sn C nntral. . .(M otion). 100
2
1%
G eneral 5 s.....................1919, JA J
81% 85
P re fe rre d ...................
*• 1 0 0
3
S
CitiMins’ St,R y.oI ln d „ o o a .5 s.l9 3 3
More%v.Ka*h. ARcch.
“
100 115 118
Columb. 8t. R r „ 1 st, oon. 5 s ..1932
Miacmi-bAUBODA
f 'ohm ib. O. C rosstow n, 1st,5 s.1933
K io ce’AMin’v. east pdr lint Ion) 25 •50 1*00 Consul. T raot, of N. J ., lst.5 s.1 9 3 3
91% 92
Arner. By, El, L ig h t.. (P hilo,).
4%
5
D e l.A B ’il B r’k, 1 st, 78 .1 9 0 5 ,FA A 123
A tlantic Minin.-_____f notion j . 25
22
22% E asto n A Am. l8tM .,5s. 1920, MAN 105% 106
Bay s ta te <»aa 8 .....
*
50:
0%
6% Eloo. A People’s Trao. stock, tr. otfs 74=9 71%
11baton L an d ___*
10;
4
4% Elm ir. A Wflm., 1 s t ,6 s. 1910, J A J .
Uenietinlai M ining...
*
10
7%
7% HestonvUle M. A F., oon. 5 e..l924 115
.......
Pori VVayne Kl^ci.y..
‘
25!
1 W ant. A Br’dT o p .C o n .S s ’o s . a a o 105%. . . . . .
%
FrackH u M in in g .,...
*
25
15% 16
K. O. Sub. B elt 1 s t 6 s... 1920. .TAD 99 101
F recch u i'n 'e Bay L‘d .
'
% Kan.C. P itts. A G.lsfc 5 s. 1923, A AO ......... 70%
%
h\
a earaargn M ining....
'
25 18
18% L ehigh M av.4% 8.......... 1 9 1 4 ,0
ikareolft Mining__ . . .
4
25 , 32% 32%
2d 0 s, g o l d . . . . . . .........1897, JA D i o i %
P all m ac P alace C ar.
4
100; 167 1 0 7 %: G en eral m o rt. 4%s, K .1924.Q —F 103 .........
P ennsylvania S teel.. (PAUo. ) . 1‘0 0‘ 27
L
ehigh
Val.Ooal 1 st 5 s,g . 1933.J A J 90% .......
P re ferred v . . . . . . .
44
lo o
aS
L ehigh V alley, 1 s t 8 r. ..1 8 9 8 , JA D 103=8 .......
Q alsoy M ining, . . . . . . r B otlon). 25 113 114
2d
7
b........................................ 1910, MAS
130 % .........
- atiiareek M ining.....
44
2 5 125
120
Oonsol. 6 ................ ....1 9 2 3 . JA D 114 | . . . .
a ler P o w e r ..,........
44
100
%! 1 N ew ark P assen g er, oon. 5 s ...1930 109% 110
V u s h n iL C tA k K .
“
60 2 1 % 22
N orth Bonn. 1 s t, 4 s ....1 9 3 6 . WAN 1 1 2 % ..........
Pref., num nlattve.,
*4
5 0 50
51
G en. M. 7 s...............................1903, J A.........
J 1122
B o n d * —8 o * t o n ,
,
;
aterso n R ailw ay, oonsol. 6 s .........
At. ; '• A «. p, le r a l g. 4 * 1 9 9 5 f83=. 8 3 ?.^, P
P en n sy lv a n ia g e u .6 s ,r.,1 9 1 0 , V ar 133*
Adittsv -Tit
Is . 3 9 9 5 ................ *50
.
I 50*4 Consol.
HAnanl Co
m
n r V ar D 7
6 s, aa
___
1905.
.........
,Brfo,vr, V r d e j O sj>1 *t 5e... .
i 87 i 87 %! OoriMAl.
5», r.
IfllQ War 120 I ...
•Pi
'• * ■iverlD* oon oon.
<j U n listed .
t And aoorned I n te re s t,

R ange of sales in IS >7.
Lowest,

H ighs

2,996

9 % &m \ 20 12% Mar. 3
•v> Peb. 17 •37 m Jaw. IS
10-5 Ju b e 17 17 M; Jaw. 8
oil4, Ja n , 13 66 A or. 17
2 ,'5 3 17 Ja n , 14 207* Apr. 2
2,87i 17% J a n
7 207a Apr. 2
17 209 Ja n . 4 217 Mar. 4
10 < 30ft Ja n . 2 214 Apr. 7
13 157 J u n e 2 lt»6 J a n . i s
9 A pr. 22 11
a n . 20
"ioi 56 Mar* 26 58 JMar.
3
17,340 89% Ja n . 5 84% J u n e 25
1 7 ,1 0 !) 69% Apr. 19 31% Ju n o 25
659
3% Peb. 5
6 M ay 7
200 16
Apr. 12 25% J a n . 20
206 91 J a n . 14 95 J u n e 4
5.092 20% Fen. 18 30% J a n . 2
043 99% M a5- 3 110% J u n e 21
6,616
7% Ja n . I f
9 -s J a n . 30
13 Apr. 6 37% J a n . 19
” 125 57 Feb. 15 74 J u n e 25
8 67% Ja n . 27 73% J u n e 15
2,480 10% Apr. 30 16% Fob. 1
10,675 33% Ja n . 15 43% J u n e 14
130 176% May 20 180 Mar 1
3,206 5 ' % M ay 3 53% J u n e 25
2.713 60% J a n . 5 74 Mar. 4
17.414 S9i« Apr. 19 H i , . J u n o 2 4
5.033
5 A pr. 12 9 J a n . 7
1 9 ,3 7 5
8% Apr. 29 13% Mar. 3
21,86« 109% M ar. 29 120=8 J u n e 15
793 100% J a n . 6 108 J u n e 15
7e7 205% Ja n . 4 236 May 13
12,398 94% Ja n . 2 134 .Tune 23
6 Ja n , 11 22% J u n e 18
33,601
461 326 J a n . 2 395 J u r e 15
100 00 .Tan. 8 67% Feb. 6
127 55 J u n e 2 62% J a n . 15
2,579 15% Apr. 22 3 I Feb. 1
071 17% Apr. 30 23 J a n . 29
75 63% Apr. 1 67% Feb. 24
123 28% May 17 36% F eb. 2
44 60 May 18 78 J a n . 20
50 29% Apr. 21 41% Ja n 18
1,308 15% J u r e 21 23% Fob. 1
27. 37 % May 2 6 4 2 J a n . 14
70 101 Apr. 5 107% M ay 38
1 ,8 0 7 1 13 Apr. 30 16 Mar. IS
3,6? 3 70% May 3 75 J u n e 16
2,620 33% Apr. 6 4fl;% J u n e 21
450
1% May 22
2% Feb. 9
! T ru s t reo.,all icatal. paid.

B o n d s.

Bid

Penn. —O ollat.T r. 4 % . . 13, JA D
Pa. A N. V. C a n al, >■..
,(& V
Con. 5 s.......................... 1 9 ’
**f
People’s T rao. t r u s t certs. 4 s..1947
P erklom en, lB t s e r .,58.1918, Q J
P h ila.A E rleg o n . M. 5g.,1920, AAO
Gen. m o rt., 4 g ...........1920, AAO
P hila A Read, -ji, a s . ..1 9 3 3 , AAO
Consol, m o rt. 7 s ......1 9 1 1 , JA D
Oonsol. m o rt. 6 g ........ 1911, JA D
Im p ro v em en tM , 6 g.. 1897. AAO
Con. M .of 1882, 4 s ..1.1937. J A J
T erm inal 5s, g — ..1 9 4 1 , Q.—F.
P hil. Wilm. A B alt., 48.1917, AAO
P itts. O. A 8 t. L „ 7 s . . . . 3 900. FAA
Reading Co. gen. 4 s ___ 1997, J A J
R ochester R ailw ay, oon. 5s -.1 9 3 0
BoliayLR.E.Side,1 st 5 g.1935, JA D
Union T erm inal l e t 5 s ...........F A A

109

A tl« 6 iM ^ ? i9 0 7 ,J A J
B altim ore B elt, 1 st, 58.1990, MAN
Balt. C. P ass. 1 st 5 s ....1 9 1 1 , MAN
Balt. T ractio n , l e t 5 s ..1929, MAN
E x te n . A lm.pt. 6 s ___1901, MAS
No. B alt. D iv., 5 s ....... 1942. J& D
B altim ore A Ohio 4 g ., 1935, AAO
P itts. A Conn., 5 g ,...1 9 2 5 . FAA
S taten Islan d , 2d, 5 z.1 9 2 6 , JA J
R eceivers’ certificates, 6 a..J A D
Do. M aryland C onstruo., S a....... .
Do. P luab. A C onnells., 5 s ..J A J
Bal.AOUlo S. W.,1 st,4%g, 1990, JA.T
U ap6F .A Y aa.,8er,A .,6g.l9! 6 , JA D
Cent. Ohio, 4% g ............. 1930, MA8
Cent. P ass., lB t 5 s ___ 1932, MAN
C ity A 8 0 b., l e t 5 s ......... 1922, JA D
C hari. O ol.A A ag.ext.5s. 1910, JA J
Col. A G reenv., 1 s t 5-6s. 1917, .TAJ
G e o rg ia * A la „ le tp f. 5 e ,l9 4 5 , AAO
G a.C ar. A Nor. 1st 5 g ..l9 2 9 , JA J
G eorgia Pan., 1 st 5 -fls...ls» 2 2 , J A J
Geor. 8 0 . A F la., l e t 5 e ..1945, JA J
N orth. U s tt, 6 s . . . ™ ....1 9 0 0 , JA J
6 a.................................... 1904, JA J
Berios A, 5B...................1926, JA J
4 % s ................................ 1925. AAO
P itts. A Connells. 1 s t 7 s .1898, J AJ
Southern, 1st 5 s........... ..1 9 9 4 , JA J
V irginia k i d ., 1 st 6 s . . .1906, MAP
2d Series, 6 s .................. 1911 MAS
3d Series, 6 a ................ 1916, MAP
4 th Series, 3-4-58....... 1921, MAP
5 th Series, 5 s ... . . . . . . 1 9 2 6 , MAP
W est Va. C .A P .l a t , 6 g . i f i l l . J A ’
Wilm. Col. A A ug., 6 s .. 1910. TAD
WiHCBU.A.NHOUS.
B altim ore W ater 5 s . . .1 9 1 6 , MAh
F unding 5 s ..— . ........ 1916, MAh
E x change 3% s......... ..1 9 3 0 , J&.>
V irginia (State) 3 s ,n e w .l9 3 2 , JA J
F u n d ed debt, 2 . 3 s . . . . . 1991, JA J
C hesapeake G as. 6 g ..„ ., 1900, JAT
Oonsol. G a s ,6 e .« ™ ..« 1 8 1 0 , '* >

121%
80
lia ^ a
112
105%
112X4

10219
99% 100
116
118 .........
125 4
129
121
102
.*.».* ......
116 .........
in
83 >. 84*4
93

102% 103

100

85
1 )4
U 2*«
106%
112bj
.........

i' 0 2 % 10 2= 8
99

100
95

100

98

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

ii3
Ill
111*4 111%
109
113
101 101%
83% 84
1 )8 120
97=8 9 7 %
108%
113 ___
116
109%
105*3
92*« 92*4
113 113%
117% 119%
114H ......
97%
103%
109 109%
116
.........
122*8 123

___

105*4 105 *«
73

75

64% 6479
104 __
118 118%
H O 110*5

THE CHRONICLE,

J une 26, 1897.]

1217

NEW YORK STOCK EXCHANGE V B K E 8 . -IN ACTIVE BONDS-fContinuedJ-JUNE 25.
B id .

S E C U R IT IE S ,
0 . O h io —C ol. & C i n .M .l 8 t,4 4 8 .1 9 3 9
C e n t. R R * R a n k . - C o l . g . 5 s . 1 9 3 7
C a n t. R y. of t i a . l s t , p r e f in c o m e , g ., 53 ------1 9 4 5
2 d , p r e f . i n c r a e , g ., 5 s .........1 9 4 5
3 d , p r e f . in c o m e .g ., 5 s ...........1 9 4 5
M a o . A N o r. D iv .. 1 s t, g . , 5 s 1 9 4 6
M o b ile D iv ., 1 s t, g ., 5 s . . . . 1 9 4 6
0 » n t . o f > . . —C o n v . d e b . , 6 8 .1 9 0 8
G * n t. P a c i f i c —
E x t. g. 5 s, a e rie s A . B C D ..1 8 9 8
G o ld 5 a , s e r ie s F . ...............
1898
S a n J o a q u i n B r . , 6 s ..................1 9 0 0
M o rt. g o ld 58 ..............................1 9 3 9
L a n d g r a n t , 5 s , g ....................... 1 9 0 0
C a l. & O. D iv ., e x t . , g . 5 s . . .1 9 1 8
W e st. P a c i f ic —B o n d s , 6 s ___ 1 8 9 9
No R a i lw a y (C a M —1 s t , 6 8 .1 9 0 7
5 0 - v e a r 5 s ................................. 1 9 3 8
^ e n t . W a s h i n g to n —l e t . g ., 6 8 .1 9 3 8
C h a s . A S a v .—1 s t , g ., 7 s .......... 1 9 3 6
C n e e . & O .— P n r . ML f u n d , 6 a . 1 8 9 8
O ra ig V a lle y —1 s t , g ., 5 s . . . . 1 9 4 0
W a rm S o r . V a l., l a t , g . 5s . .1 9 4 1
E l iz . L .A B ig S a n d y —G . 5 s . 1 9 0 2
O h e s . O . A So. W e st.—1 s t 6 s , g .1 9 1 1
* 4 , 6 8 ................................................1 9 1 1
O il V .- G e u .o o n .l 8 t ,g t L g , 5 S .1 9 3 8
C h ic a g o A A lto n —S . F ., 6 s ----- 1 9 0 3
( .o a fs . A M o. R i v e r —1 s t , 7 8 .1 9 0 0
2 d , 7 e . ..........................................1 9 0 0
a t . L . J a c k s . A C h ic .—2 d , 7 a .l 8 9 8
M ls s.R . B r id g e —1 s t , 8. f., 6 8 .1 9 1 2
O h io B a r i . A N o r.—1 s t . 5 s . . . . 1 9 2 6
O h io . B a r l i n g . A Q .—5 s , 8. f . .1 9 0 1
I o w a D iv .—8 in k . f u n d , 5 s . . 1 9 1 9
S i n k f u n d , 4 8 ...............
1919
P l a i n , 4 s ........................................1 9 2 1
C h ic a g o A I o w a D iv .—5 s . . . 1 9 0 5
C n io . A I n d i a n a C o a l—1 s t 5 8 .1 9 3 6
O h i. M il. A 8 t . P . —1 s t , 8 e , P . D . 1 8 9 3
2 d , 7 3 -1 0 8 , P . D ....................... 1 8 9 8
1 s t, 7 b , $ g ., R . D ....................... 1 9 0 2
1 s t, I . A M . , 7 a . ..........................1 8 9 7
l i t , 1. A D . , 7 s ........................... 1 8 9 9
l « t , 0 . A M .,7 b ..........................1 9 0 3
la t, I. A D. E x te n s io n ,7 b. . . 19 0 8
1 s t, L a C. A D a v ., 5 s .......... 1 9 1 9
1 s t, H .A D . , 7 s ......................... 1 9 1 0
1 s t, H . A D . , 5 a ......................... 1 9 1 0
C h ic a g o A P a c ific D iv ., 6 s . . 1 9 1 0
M in e r a l P o i n t D iv . 5 s .............1 9 1 0
0 . A L. 8 u p . D iv ., 5 s .............. 1 9 2 1
F a r g o A S o u th ., 6 s , A s s n . . . 1 9 2 4
n o . o o n v . s in k , f u n d , 5 s . . . . 1 9 1 6
D a k o ta A G t. S o u th ., 5 s ___ 1 9 1 6
M il. A N o r. m a i n l i n e —6 s . . . 1 9 1 0
© h ic .A N o r w .—3 0 -y e a r d e b .5 e .1 9 2 1
K s o a n a b a A L. 8 . 1 s t , 6 s . . . . 1 9 0 1
D es M. A M in n .—1 s t , 7 b ___ 1 9 0 7
I o w a M id la u d —l a t , 8 s .......... 1 9 0 0
C h io . A M ilw a u k e e —1 s t , 7 8 .1 8 9 8
W in. A 8 t. P .—2 d , 7 s ...............1 9 0 7
M il. A M a d .—1 s t . 6 s ................1 9 0 5
O tt. O. F . A 8 t . P .—l e t , 5 b . 1 9 0 9
N o r th e r n 111.—1 s t , 5 e ............ 1 9 1 0
M il. L . B .A W .—C o n .d e b .,5 s . 1 9 0 7
M ic h . D iv ., 1 s t, 6 s ................. 1 9 2 4
A s h l a n d D iv is io n —l e t , 6 s 1 9 2 5
O h .R .I .A P —D .M .A F .D .l s t 4 8 .1 9 0 5
l a t , 2 4 a ...................................... 1 9 0 5
E x t e n s i o n , 4 s ....................... 1 9 0 5
K e o k n k A D ea M .—1 s t, 5 s . . 1 9 2 3
O h io . 8 t. P . A M in n .—1 s t , 6 a . . 1 9 1 8
8 L P a u l A 8 . O .—l a t , 6 e ........ 1 9 1 9
O h io. A W . I n d . —l a t , 8. f ., 6 b . 1 9 1 9
O h io . A W e st. M io h .—5 s .......... 1 9 2 1
O ln H a m . A D .—C o n . b . f ., 7 8 .1 9 0 5
* 1 , g o ld , 4 4 a ............................... 1 9 3 7
O ln. D . A I r ’n —l e t , g u . 5 b, g. 1 9 4 1
C i t y A S u b . ( B a l t .) —l e t , g ., 5 s , 1 9 2 2
C le v .A k . A C m . - E q . A 2d 6 8 .1 9 3 0
O le v .A C a n .—T r .o t f s .f o r l 8 t5 8 .1 9 L 7
a O . C . A 8 t . L .—G e n ., g . 4 8 . . 1 9 9 3
C a i r o d i v i s i o n , 4 s ..................... 1 9 3 9
B o rln g .A C o L D iv .— l e t , g . 4 e . 1 9 4 0
W h ite W .V aL D iv .—l s t , g . 4 e . 1 9 4 0
O in .W a b .A M .D iv .— l 8 t ,g . 4 s .l 9 9 1
C in . I . 8 t. L . A 0 . —1 s t ,g .,4 s . 1 9 3 6
G o o s o l , 6 s ............... ............... 1 9 2 0
0 1 n .8 a n .A C l.—C o n . l a t , g . 5 8 , 1 9 2 8
I n d i a n a B. A W .—1 s t p f .7 8 .1 9 0 0
O h io I n d .A W .— l a t p r e f . 5 8 .-1 9 3 8
P e o r . A E a s t .— I n c o m e 4 s ..1 9 9 0
0 . C o l. d i n . A I n d .—l e t , 7 e ,8 .f .l 8 9 9
C o n s o l, s in k , f u n d , 7 s . ..........1 9 1 4
C in .A 8 p r .—1 s t ,C .C .O .A I.7 8 .1 9 0 1
O le v e . L o r a i n A W h .—1 s t , 5 a . 1 9 3 3
O le v e A M a h . V .—G o ld . 5 8 . . . 1 9 3 8
0 0 1 . M id . l e t , g ., 6 s , a s s t d — 1 9 3 6
D e l. L a c k . A W. — d o r t . 7 a ___ 1 9 0 7
8 y r a . B in g . A N . Y .—l a t , 7 8 .1 9 0 6
M o r r is A E s s e x —l e t , 7 a ___ 1 9 1 4
B e n d s , 7 b ..................................1 9 0 0
7§ o f 1 8 7 1 ................................1 9 0 1
iB t, o o n ., g a a r . , 7 a . . . ......... 1 9 1 5
W a r r e n —2 d , 7 a ......................... 1 9 0 0
O .A H .C a n .—P a .D iv ..o o n p .7 8 .1 9 1 7
A lb a n y A 8 n s q —1 s t , g n .,7 a .1 9 0 6
1 s t, c o n s ., g u a r ., 6 s ............ 1 9 0 6
R e e s . A 8 a r . 1 s t, c o u p ., 7 g .l9 2 1
D e n v . T r a m w a y —C o n s . 6 e , g .1 9 1 0
M e tro p o l. R y .— l s t , g u . g .6 a .l 9 1 1
D e n v . A R. G .—I m p . , g . , 5 s . ..1 9 2 8
D e t.M . A M .—L. g . 3 4 8 ,8 © r.A .1 9 1 1
u e n , 4 8 ,g ..iy y n
n e t . <» iviacK.—
4 a , g o ld
.................................... 1 9 9 5
2 d , e x t e n n e d , 6 a .......................1919

A sk .
91

30
*10

31>,
11
6

*914
96
103
103
102

102

1034

99

103
87
1 0 5 4 106
1004

110

1124
1 1 1 4 112
T06
105
T03
109

100

101

904
104
1004
106
1364
137
1034
1364
137
139
141
T1L4
1 3 0 4 131
110 1 1 3
121 123
' 109
110
112
1144
107
107

'111

119
118
1 1 2 4 115
'1 1 1 4
105
133
108
108
103
1314
131
135
64

70

1314 1324
131
133
106
118
108*
70

88*
*87
1014 1024
109
108
T054
9 8 4 101

120

02
60
128
125
1424
1L14
1134
143
T42
109
146%
1254
118
1464
83
18

85
20

1114
*120
1154
121
104

B. f f. Y .

R .—l e t .

___ 101 «l 1 3 3 * ,

143

S E C U R IT IE S .
E r i e —( O o n .) —
B id . A 8 . W .—M o r tg . 6 s . - . 1 9 0 8
fe f te r s o u —l e t , g n , g 5 s . . . . 1 9 0 9
f r R R . - O a ........................... 1 9 2 2
D ock A I m p t . , l s t 6 s, o n F o v .l 9 1 3
S ^ a u s . A T .H .— l a t , c o n s ., 6 8 .1 9 2 1
’ a t , g e n e r a l , g ., 5 s ................... 1 9 4 2
M t. V e r n o n 1 s t 6 s ....................... 1 9 2 3
I n i . C o. B r. 1 s t , g ., 5 s ............ 1 9 3 0
E r a n s . A I n d i a n . —1 s t, c o n 8 ..1 9 2 6
F l i n t A P . M a r a .— M o r t., 6 s . . . 1 9 2 0
1 s t , o o n . g o ld , 5 s .......................1 9 3 9
F t . H u r o n D iv .—1 s t , 5 s ___ 1 9 3 9
F la . C e n A P e n . —1 s t g . 5 s . . . . 1 9 1 8
1 s t o o n . g ., 5 s ..............................1 9 4 3
1 s t, 1. g .. e x t . g ., 5 s . ..................1 9 3 0
F t . S t. U n . D e p .— 1 s t, g . f 4 4 s .1 9 4 1
G a l. H a r . A S a n A n t . —l e t , 6 s . 1 9 1 0
2 d m o r t ., 7 s ............................... . 1 9 0 5
G a . A A la ., 1 s t , p r e f . , g. 5 s . . . 1 9 4 5
G a . C a r . A N o r .—1 s t , g n . 5 s , g , 1 9 2 9
H o n s a to n io —C o n s , g o ld 5 a . . . . 1 9 3 7
N . H a v e n A D e r b y , C o n a .5 8 ..1 9 1 8
H o n s . A T e x . C .— W a o o A N .7 8 .1 9 0 3
l e t g ., 5 s ( in t . g t d ) ................... 1 9 3 7
C o n e . g . 6 s ( in t . g t d ) ................1 9 1 2
D e b e n t;. 6 a , p r i n . A i n t . g t d . 1 8 9 7
D e b e n t . 4 s , p r i n . A i n t . g t d .1 8 9 7
I ll in o is C e n t r a l —1 s t , g ., 4 s . . . 1 9 5 1
1 s t . g o ld , 3 4 s ............................. 1 9 5 1
G o ld 4 s ............................................1 9 5 2
2 - 1 0 g . , 4 s ..................................... 1 9 0 4
C a ir o B rid g e — 4 s ....................... 1 9 5 0
S p r in g ! . D iv .—C o n p . , 6 b. . . . 1 8 9 8
M id d le D iv .—R e g ., 5 s ............ 1 9 2 1
O. 8 t. L . A N . O . - T e n 1., 7 8 .1 8 9 7
1 s t , o o n s o l., 7 s ......................... 1 8 9 7
G o ld , 5 8 , c o u p o n ................ . 1 9 5 1
M e m p . D i v . , l 8 t g . 4 s .........1 9 5 1
B e llv .A S o. 111., g u ., g ., 4 4 s . 1 8 9 7
O ed . F a l l s A M in n .— l a t , 7 s . . 1 9 0 7
I n d . D . A S p r .— 1 s t 7 e , 1 9 0 6 , t r u s t
r e c t a . , e x b o n d s ..................................
I n d . D eo . A W.— 1 s t, g ., 5 s . . . . 1 9 3 5
I n d . O la. A I o w a . —1 s t , g , 4 s . . 1 9 3 9
1 s t, e x t . , g . 5 s ..............................1 9 4 3
I n t . A G . N ’n . —3 d , 4 s , g . .........1 9 2 1
K in g s C o .- F . E l .,l 8 t,5 ,g .,g n .A .1 9 2 9
L a k e E r i e A W e s t.—2 d g ., 5 8 .1 9 4 1
N o r t h ’n O h io —l e t , g u . g . 5 8 .1 9 4 5
L . 8 . A M .S o n .—B .A E .—N e w 7 s . ’9 8
D e t. M . A T .—1 s t, 7 s ...............1 9 0 6
L a k e 8 h o r e —D iv . b o n d s , 7 a . 1 8 9 9
G o ld , 3 4 s . ........................... 1 9 9 7
K a l. A ll. A G . R .—1 s t g a . 5 s . l 9 3 8
M a h o n ’g C o a l R R .—l e t , 5 s . 1 9 3 4
L e h ig h V .^ N .Y .—l a t g t L g .4 4 s .1 9 4 0
L e h ig h V ’y C o a l—1 s t 5 a ,g n .g . 1 9 3 3
L e h ig h A N .Y .—l a t , g u . g . 4 8 .1 9 4 5
E lm lr a C . A N ., 1 s t.g . l a t p f . 6 s . 1 9 1 4
G u a r ., g o ld , 5 s ........................1 9 1 4
L l tc h f . C a r. A W e s t —1 s t 6 s . g .1 9 1 6
L i t t l e R o o k A M .— 1 s t, 5 e , g . . l 9 3 7
L o n g I s l a n d —1 s t, 7 s ..................1 8 9 8
F e r r y , 1 s t , g ., 4 4 s ................... 1 9 2 2
G o ld 4 s ........................................... 1 9 3 2
N . Y . A R ’w a y B . - l s t , g . 5 8 .1 9 2 7
2 d m o r t g . , l n o ......................... 1 9 2 7
N .Y .B .A M .B .—l e t o o n . 5 s ,g ,1 9 3 5
B r o o k l’n A M o n t a u k —1 s t,6 8 .1 9 1 1
l e t , 5 s ......................................... 1 9 1 1
N o . S h o r e B r .—1 s t c o n . 5 s , g . l 9 3 2
L o u ie . E v a n s . A 8 t . L .—C o n .5 s .1 9 3 9
L o u ie . A N a s h .—C e c il. B r . 7 8 ..1 9 0 7
E . H . A N a s h .— 1 s t 6 s , g . . . . l 9 1 9
P e n s a c o i a D iv is io n , 6 a .......... 1 9 2 0
8 t. L o u is D iv is io n , 1 s t , 6 s . . . 1 9 2 1
2 d , 3 a ........................................... 1 9 8 0
N a 8 h v . A D e c a t u r —1 s t , 7 s . . 1 9 0 0
8 . f .,6 a .—8 . A N . A l a ................ 1 9 1 0
5 0 - y e a r 5 s , g . , ............................. 1 9 3 7
P e n a . A A t . - 1 s t, 6 s, g o ld .. . 19 2 1
C o lla t. t r u s t , 5 e , g ................. . 1 9 3 1
L .A N . A M .A M .—l s t , g . , 4 4 8 1 9 4 5
N a a h .F lo r .A 8 .—1 s t, g n ., 5 a . 1 9 3 7
8 e .A N o .A la ., o o n . g u . g ., 5 s . l 9 3 6
K e n t u c k y C e n t r a l —4 s , g . . . 1 9 8 7
L . A N .—L o u . O . A L . - g . 4 4 s . 1 9 3 1
L o n . A J e tt. B d g e C o .—G u .g ,4 8 . 19 4 5
L o n .N .A lb .A O h .—G e n .m .g .5 s .l 9 4 0
M e m p h is A C h a r i .—6 s , g o l d . . 1 9 2 4
M e x ic a n C e n t. C o n s o l.—4 s , g .1 9 1 1
1 s t, o o n s . in c o m e 3 a . g . . . —.1 9 3 9
M e x ic a n N a ti o n a l—18*. g ., 6 8 .1 9 2 7
2 d , in c o m e , 6 s , “ A ” ..................1 9 1 7
2 d , in c o m e , 6 s , “ B ” ............... 1 9 1 7
M ic h ig a n C e n t r a l —6 s ..................1 9 0 9
C o u p o n , 5 s ..................................... 1 9 3 1
M o r tg a g e 4 8 ..................................1 9 4 0
B a t.C . A S tr g ia .—l 8 t , 3 s , g . g u . 1 9 8 9
M in n . A fct. L .—l a t , g. 7 8 ........... 1 9 2 7
I o w a E x t e n s i o n , 1 s t , 7 s ........ 1 9 0 9
S o u t h w e s t E x t . —1 s t, 7 a ........ 1 9 1 0
P a c i f ic E x t . — 1 s t, 6 a ...............1 9 2 1
M o .K .& T e x .—1 s t, e x t . , 5 s , g .1 9 4 4
M o.E L A T .o f T e x . l a t , g a . 5 s . g . l 9 4 2
K a n s a s C it y A P . , 1 s t , 4 a , g . . 1 9 9 0
D a l. A W a o o —l 8 t . 5 8 , g u . . , . 1 9 4 0
M is s o u r i P a o if io —T r a s t- 5 a . . . 1 9 1 7
1 s t c o l l., 5 s , g ............................. 1 9 2 0
MobiLe A O h io —1 s t e x t . , 6 s . . . 1 9 2 7
S t. L . A C a i r o —4 e , g u a r ........ 1 9 3 1
M o r g a n ’s L a . A T .—1 s t , 6 s . . . . 1 9 2 0
1 s t, 7 s ............................................... 1 9 1 8
N a s h . C h a t . A 8 t . L .—2 d , 6 a . . 1 9 0 1
N . O . A . N o . E .—P r . 1., g ., 6 s . . 1 9 1 5
N . Y . C e n t r a l . —D e b . g . 4 s ___ 1 9 0 5
N . J . J u n e —G u a r . 1 s t , 4 s . . . 1 9 8 6
B e e o h C r e e k —1 s t. g o ld , 4 a . . 1 9 3 6
O aw . A R o m e —2 d , 5 s , g . , g u . l 9 1 5
U t i c a A B l. R iv .—4 s , g ., g n .1 9 2 2
N . Y . A P u t . —l e t , g ., 4 s . g u .1 9 9 3
N . Y . N . H . A H .— 1 s t, rear. 4 8 .1 9 0 3
N . Y. & N o r t h e r n —1 s t . g . 5 r .. 1 9 2 7

B id .

T07
TO 5*

*110

1064
T05
*974
1204
125
T114
101
*98
*98
T10
T02*'
1014
T13

100

103 4
42
39
102
104%
107%
1 0 3 7e
121
120
99
*30"
...........
15
103
*85
35
1054

1064

111
105

1104
: 97’
96
99
1044
89
108
*44

*59
*13
120
T09
139

121 %
*771,
50
50

112
1144
124
103
103
1084
106

A sk .

S E C U R IT IE S .

B id .

N . Y . S u scj. A W e s t,—2 d , 44 s . l 937
734
T e r m i n a l , 1 s t, v. 5 s ..............T 9 4 3
1054
W ilk .A E a s t .—1 s t , g td .,g .5 a . 1 9 4 2
N o r t h e r n P a c i f ic —
8 t.P a n 1 A N . P . —G e n ., 6 s . . 1 9 2 3 1 2 8
107
N o r f o lk A S o u th ’n —1 s t , 5 s , g . l 9 4 1
113
N o r f o lk A W e s t.—G e n e r a l , 6 8 .1 9 3 1
N e w R i v e r 1 s t 6s , . ................ 1 9 3 2
I m p . A E x t . , 68. . . . . ................1 9 3 4
C ol. C o n n . A T e r .. 1 s t,g u .g .5 a . 1 9 2 2
O h io A M is s.—C o n s o l. 7 s ........1 8 9 8
105%
84
119
2 d c o n s o l. 7 s ............................. 1 9 1 1
734
B p r in g .D iv .— 1 s t 7 a ................. 1 9 0 5
G e n e r a l 5 s ................................... 1 9 3 2
O h io R i v e r R R .—1 s t , 5 a ........... 1 9 3 6
G e n , g . , 5 s ....................................1 9 3 7
52
O m a h a A S t. L o u i s .—1 s t , 4s . . 1 9 3 7
O r e g o n A C a l if o r .—1 s t , 5 s , g .1 9 2 7 *67
P e n n - P .C .G . A 8 t.L .C n .g .4 4 s A 1 9 4 - 110
Do
do
S e r ie s B 1 9 4 2 110
83
Do
do
S e r ie s C 1 9 4 2 T G 0 %
Do
do
S e r ie s D , 4 s , 1 9 4 5 101
P . C. A S. L . - l s t , 0. , 7 s ................... 1 9 0 0 T 1 0 4
P i t t s . F t . W . A 0 . —l a t , 78...1912 1 4 0 4
2 d , 7 s ......................................... 1 9 1 2 1 4 0
105
3 d , 7 s ........................................... 1 9 1 2 1 3 2
C h .8 t.L .A P .—1 s t , c o n , 5 s , g . . . 1 9 3 2
O le v . A P . —C o n s ., s . f d . , 7 8 .1 9 0 0 1 1 0 4
G e n . 4 4 s , g ., “ A ............... 1 9 4 2
Do
do
S e r ie s B 1 9 4 2
S t. L . V . A T . H . — 1 s t , 6s ., 7 8 . 1 8 9 /
2 d , g u a r . , 7 s ..............................1 8 9 8
G d .R .A I .E x t .—l a t , 4 4 s , G . g . 1 9 4 1
A lle g .V a l.— G e n ., g u ., 4 s , g .1 9 4 2
N . A C in .B d g .,g e n .g n .4 4 a .g .l9 4 5
P e n n .R R .— 1 s t r e a l , e a t g . 4 s . l 9 2 3
C le .A M a r’t a —l s t , g n . g . 4 4 s . 1 9 3 5
125
D . K iv .R R .A B d g —l 8 t , g u . g . 4 s . ’3 6
P e o r i a A P e k . U n io n —l a t , 6a .1 9 2 1 1 1 5
2 d m o r t g ., 4 4 s ............................1 9 2 1
77
P itt a . O le v e . A T o l.—l a t , 6a . . . 1 9 2 2
P i t t a . A L . E r . —2 d g . 5 s , “ A ” . 1 9 2 8
P i t t s . M o. K . A Y .—1 s t 6a ........ 1 9 3 2 1 4 2
105
P i t t a . P a in a v . A F .—l a t , 5 a . . . 1 9 1 6
91
P i t t a . S h e n . A L .E .— l a t c o n . 5 a . 1 9 4 3
P i t t a . A W e st.^ -M . 5 a , g . l 8 9 1 - 1 9 4 1
43
P i t t s . Y ’g s t ’n A A .—1 s t , 5 s , o o n . l 9 2 7
42
R io G r a n d e 80.—l a t , g ., 3 - 4 8 .1 9 4 0
1 0 2 4 8t . J 0s .A G d LsL—l a t , g , 2 - 3 - 4 a .l9 4 7
654
101
S t. L . A . A T . H . — T e rm . 5 a . . 1 9 1 4 105
B e lie v . A C a r .—1 s t , 6a ........... 1 9 2 3
C h i.S t.L .A P a d .—1 s t ,g d .g .5 s 1 9 1 7 1 0 5
8t . L o u ie S o .—l a t , g d . g . 4 a . 1 9 3 1 9 0
104
do
2 d in c o m e ,5 8 .1 9 3 1
*92
C a r . A S h a w t . —l a t g . 4 a ___ 1 9 3 2
_____ 8t . L . A 8. F . —2 d 6a , g . , o l. A . 1 9 0 6 1 1 5
2 d , 68, g ., o la8 3 C ......................1 9 0 6 1 1 5
l a t , t r u s t , g o ld . 5 a .................. 1 9 8 7
87
F t . 8. A V .B . B g. —l a t , 6a . . . 1 9 1 0 T 0 5
94“
S t.L .K a n .A S .W .—1 s t , g ., 6 a . l 9 1 6
. . . . . 8t . P a u l C ity R y , o o n . 5 a , g . . , 1 9 3 7
G o ld 5 a , g u a r ......................... . . 1 9 3 7
8t . P a u l A D u l u t h —l a t , 5 a . . . .1 9 3 1 * 1 1 0
2 d m o r t g a g e 5 a ........................... 1 9 1 7 * 1 0 3
S t. P a u l M in i* A M .—2 d M , 6 a . l 9 0 9 1 2 1 %
M in n e a p . U n io n —1 s t 68___ 1 9 2 2 *
M o n t. C e n .—1 s t , g u a r . , 6s . . 1 9 3 7 1 2 1
l a t g u a r . g. 5 a ......................... 1 9 3 7 1 0 7
424
E a s t . M in n ., l a t d iv . 1 s t 5 s . 1 9 0 8 * 1 0 7
108
W n ur a r A S i o u x F . —1 s t , g , 5 s . l 9 3 8 * 1 0 6
S a n F r a n . A N . P .—l a t , g ., 5a. 1 9 1 9 ”9 9
S a v . F I. A W e st, —l a t , c o n . g . 6 a . l 9 3 4
8 a b o a r d A R o a n o k e —l a t , 58.1926 * 9 5
S e a t .L .S .A E a a t., l8 t 6 a ,a s s t.p d L 9 3 L
S o u t h e r n —A la . C e n t., l a t 6 a . 1 9 1 8 IO9"
A tl. A C h a r .—I n c o m e , 6s . . . 1 9 0 0
C o lu m . A G r e e n .—1 s t , 5 - 6 s . l 9 1 6
E . T e n a .V . A G a .—D iv ia .5 a 1 9 3 0 1 1 6 4
R ic h .A D a n .—E q . 8. f. g . 5 s . 1 9 0 9 *100
110 %
D e b e n . 5 s , s t a m p e d . . . . . . 1 9 2 7 -9 8
V
i F a M id .—S e r i a l s e r .A , 6a . 1 9 0 6
10*6 ”
S e r ie s B , 6a ............................... 1 9 1 1
964
S e r ie s O, 6a ............................... 1 9 1 6
8e r i e a D , 4 -5 a ..........................1 9 2 1
S e r ie s E , 58 ..............................1 9 2 6
S e r ie s F , 5 a ............................... 1 9 3 1
G e n ., 5 s , g u a r ., s t a m p e d .1 9 3 6 T 0 1
90
W a a h ,O .A W .— l a t o n r .g a .4 a .1 9 2 4 * 8 0
S n n b n r y A L e w i s . —1 s t , g .,4 s . 1 9 3 6
T e r . A a’n o f 8t . L .— l a t , 4 4 8 . 1 9 3 9 10i*%
l a t , o o n . g. 5 8 ..................1 8 9 a - 1 9 4 4 T 0 7 4
8 t.L .M e r .B r .T e r m „ g .5 a ,g u ..l9 3 i J 1 0 3 %
T e x a a A N e w O r le a n s —l a t . 7 a . 1 9 0 5
S a o in e D iv is io n , 1 s t, 6a ......... 1 9 1 2 1 0 6
C o n a o i. 5 a , g ................... . . .........1 9 4 3 *95
T e x . A P a o ., E . D .—1 s t , g . 6s. 1 9 0 5
14
T h i r d A v e n u e (N .Y ) .—l a t 5 a , 1 9 3 7 1 2 3 4
T .A O .O .—K a n .A M ., M o r t. 4 s . l 9 9 0
113* T o l. P e o . A W e a t.— l a t , g ., 4 8 .1 9 1 7
66
U l s t e r A D e l.—l a t , c o n ., 6. , 5 a . 1 9 2 8
98
U n io n P a o ifio —l a t , 6s ................1 8 9 6 1 0 3 %
1 s t , 6a . .............................................1 8 9 7 1 0 3 %
l a t , 6a ........................
1899 104
C o ll a te r a l T r u s t , 6a ..................1 9 0 8 101
C o ll a te r a l T r u s t , 5 s ............ . . 1 9 0 7
73
K a n s a s P a c if ic — l e t 6a, g . . . 1 8 9 5 111
79
1 s t , 6a , g . .........................
1896 115
70
O. B r . U P - F . o . , 7 a ............. 1 8 9 5
A tc h . C o l. A P a o .—l a t , 6a . . . 1 9 0 5 *26*°
U . P . L in . A C o l.— l a t , g . , 5 a . 1 9 1 8
20
70
U t a h A N o r t h . —l o t , 7 s .......... 1 9 0 8 1 1 8
G o ld , 5 a ................................ . . . 1 9 2 6 100
U t a h S o u t h e r n —G e n ., 7 s . . 1 9 0 9
84
E x t e n . , 1 s t, 7 a ................. . . . 1 9 0 9
84
e b e n t u r e , 8e r . A . . 1 9 3 9
1064! W Da be absehn—D
t u r e , S e r ie a B .......... .... 1 9 3 * ’•24
.......I D e t. A C h io . E x t . 1 s t, 5 a , g .1 9 4 0 k
S t L .K .O . A N .—S t.O . B d g e 6 a .l9 0 3 * 1 1 0
W e s t N .Y .A P a . — I n c o m e 5 a . . 1 9 4 3
W e st. V a. O. A P i t t s . —1 s t, 6s . 1 9 1 1
W h e eL .A L .E .—1 s t. 5 s , g o l d . . . 1 9 2 6 *88
1 0 7 | W h e e lin g D iv ., 1 s t, 5 a , g . . . l 9 2 8
E x t o n a io n A I m p , g ., 5 a ........ 19 i0
_ .1 9 T 7
*2
i 2 3 4 W la. C e n t . I n c o m e 5 r .

* No price Friday; these are the latest qnotationa made this week. P o r .T liscellaaeo iis B u u d s —Seo id page preceding

A sk ,

90

83
106

121
1034

60

103
141

116
116
90

122
130
1224
109
108
104

110

1024
81
1104
103
......

75
1004

29

244
100

90
90

THE CHRONICLE,

,218

[VOL. LX IV

NKVT VOBK sri>€X EXCHAJIttE PRICES (C ontinaeJh—4C7’/V g BONOS JU S E a s AND FOR Y E A R 1897,
MSKIJUJUIBOCS Bojmm *

In fr i
Psri& t j u t u 27*

d a te s ) in 1897.
L ow est | Highest.

iUrLBOAD sisro
MiSOKlAAXBOOS BONUS.

iK -is a *

R ange (ta les) i n 1897

P erio d jtfu c *25

Lowatl.

| Highest.

E.N.AAC.—tJon., flg, t r .r s . 1916 A A 0,1 9*i
181 M ay t o o J u n e
r. t v u o a u u . ^ . . « * . l » 0 0 ' ^ * ; - 1 0 | »• 100 Feb. 109 Ja n .
M a n h attan consol, 4 s .......1990 A A 0! 91%b. 91 % Apr, 95% F eb.
70 Apr. 81% Feb.
t-.«r » p b n Mf*.. u t , Sfrj f f f i a j
iH S
116% J an. 121 .1uno
80% Fob. M etro. E le v a te d .- 1 st, Ug. 1808 J A J 121
7-1% J till.
^ - f e * * L « " ir ? ^ A V o
1*5
2d,6s ................................. 1890 m a n 104 %b. 104% J une 107% A pr.
78% Apr. 84% J ano
j 49%
60 M;tr. 73 Ja m
41 % Apr. 50% J u n e Mex. I m e rn a t'I —i s t , 4, g . 1 9 4 2 |M a s
..1 9D9 5 n Nov.
Adjustm ent**,...............*
«»r
Mloh.C ent— 1 st,e o n s .,7 s .l9 0 ; M * JJ 116 b. 116 May 119 Apr.
110% Ja m 120% May
0% r»yA 7rtA v - l u t - c t i g.5» *•> * " H , ‘i j j
100
b.
OonsoE,
5
s
.........................1902
M
A
N
lOM
s J u n e 108 M ar.
78%
Apr.
70 Feb.
Kroeklyo Kiev. W , t o . . . , l M t * * H !
M lnm A S tU —lstoon.58,g.l934S M A N 103% 100 J a n . 103% Apr.
Unton KlevaUKK-O* . . . J » 3 . “ “ f
74.^*. 00 Fob. 79% Apr.
92
Mo.
K.
A
E
.—1st
5
a,g.,
go
..1942
A
A
O
81
Feb.
80
88%
M ay
95% Ja n .
70 May
Bklyn K*p* Tr*n*., 5 * . 'n“u ; . 4, *A uJ H 2 % a. 108%
82 J an.
J a n , 113 J u n e ML K . & T e xi aa es ..—1 st,, 4s,. „g. 1990 J * D 8-1
85 Mar.
.10*5
» k l» n- V tt.Oa*. I i > t , e o m
5 g . SJ f a !
F A A 62%
63 Ja m
2d,
as,
g
.............................
199(1
54%
May
101
J
a
n
.
07
b.i
01%
Mar.
B-kfvnWart.* W
tj *
82
68 M ai­ 87% Ja m
Mo. P ao.—la t,o o n .,6 g ....... 1920 M A N
B u ll I t .6 P .-G w m *. 5«.103< * ■ .. . »S b.i, 951*Mar,
. ------- 99 Fob.
101
b.
M
A
N
105
J an.
3d,
7
s
...................................
1906
n
s
Mar.
113% .(nne
Gan ad* doufbera.—l* t, 5»,1908 J * j*'
Pao. of Mo.—1 s t,e x .,’4g. 1938 F A A 102 b. 100 Apr. 101% Feb.
................. ..............1913 " A b; 107*ii jl0 4 % M ar. 108 Feb.
102
%b.
J
A
J
100
Apr.
2d
ex
t,
5
s........................1938
103%
Ja m
Fob, 114 J u n e
C e n t of G*.—1*1,
i s . . . 1945 l', * ■* 114%«*,112%
8 0 % j 9 0 % J a n a 92% Mar.
8t. E.A Ir.M t.Arlc. B..5S.1M35 J A D 103 %b, 103 Ajir. 104 Mar.
104
7gb.
104
J
u
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:HM
%
June
1s
t
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x
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4
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.
1
9
1
7
F
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O e a tra io f N. J.-—C o» a .7 a 1809 , ’s. •L 106 b.i U)0% Apr. 108% Mar,
6 7 % M ay i 80% J u n e
Gen. B'y A la m lg r,,5 g . l 931 A A O *U'«
113% J u n e 115% Mar.
O n w L 7»........................ > “
118
b.
J
A
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110
s
J
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May
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6g
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G*42*r*! nmrlwuge, 5ff.r 19b*
11 * *fl- 100 May 118 Feb.
68 Mb. 65% Apr. I 68%,Tune
G eneral m o rtg a g e, 4s 193** M A S
00 Apr. 104% Fob.
L«fe»* W.H.,
c' uii.,7 nh «M . 1900j3
s*v 1 96
« .n,,oon»,i9,iK'
'133%
b.
J
A
J
127% J a u . 133% June
75% May 90 Feb. Nash. Oh. ABt.L.—1s t , 7 s . .1913
morfe2wk«.l»l2:f * ** 78
98% .1une 102% M ar.
ConsoE, 5g ......................... 1928 A A O 90%
114 Mar. 110% Feb.
Am. Ik»eh A I>up„5»---- 1921 , T , 110
100 J a n . 104% J u n e N . Y, C en tral—D e b te x t 4s, 1905 M A N 103 %b. 101% Ja n . 1104 % Mar.
”i.s < t»lP »o lfle i.-G o ld .6 s .lS »s •* “ ■> 104
Central
120
%b.
J
A
J
103
117%
J a m ‘121% A pr.
101%
Apr.
..................
190:1st,
ooupon,
7s
99%
J
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.
5
s
.
.
..............
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D eb en .,58, ooup,, 1884.. 1904 M A 8 110%b. 106 Mur. 1110%J u n e
119 J a n . 121% J u n e
r, A. 6 k- 1808
1908 f-J f* «^ 121
C b c .. A Ohio. -S e r.
UO%b. 1 1 0 M ay 114 M ar.
M
A
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A
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l'2l%
b
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a
rle
m
,7
s,
r
e
g
..l
9
0
ci
118%
Ja
u
.
M o rt.sg e, 8 g ....... . . . . . . . 1 9 1 1 .£ “ y
B.W. A Ogd., consols, as. 1922 A A O 121% 117% J a n . 121%J u n o
* V 1 1 1 % 107% Ja n . 112 Apr.
l* te o n » l„ 5 K ...................1930
105 Ja n , 1 IO J u n e
72 Mar, 77% J u n e
W est SboM, gu ar., 4a ___2361 J A J 110
G eneral 4 % . * . . . . . ......... 1 9 9 2 , " * f 77
103% Apr. lo6% M ar.
K .A A .D lY .,ls te o n „ 4 g .1980 " * " 103 b, 97 Ja n . 104% Mar. N. Y. Ohio. A St. L.—4 g —,1937 1 4 0 105%
95 a. 86 Ja u .
93% J u n e N. Y. Laok. A W.—1st, 6s .. 1 9 2 1 J A J 140 b. 136 Mar. 138% May
“
2 d c w n .,4 g ..l9 8 9 ," *
C o n stru ctio n , 5 a ............ 1923 F A A 116%b. 116% M ar. 118 Ja n .
Cam, B ari, * Q.—C o n .7 * -i9 0 S J * J 120%a- 115 Ja u . 120% Ju n e
i 132% Feb. 140 M ar.
D eb en tu re,5 a .................. 1 9 1 3 , " * “ t 102%a. 93 F eb. 1 0 J** J u n e N.Y. N. H. A H ,—Con. deb. otfs. A A O 139
96 F eb.
88% Ja n .
99% M ar. 104% J une N.Y. Out. & w .—Ref. is, g.1992 M A S 96
Convertible S*..................1 9 0 3 : " * •? 104%
109%
J
A
D
May
97%
108% Fob. i l l
93
Feb.
I
97%
J
u
n
e
ConsoE,
1st,
5
s,
g
............
1939
D en v erD iv lslo n * *.........1922 * * *
100 Ja u . 105 J une
N ebraska E xtension, 48.1927
* “J 91%b. 87% J a n . 93 Apr. N. Y.Sub.A W,1s t ref.,5 s, g.1937 J A J 105
78
F
&
A
78%
Jnne
121
'
Gen.
5
g
..............................
19411
68
J
u
n
e
b
.i
i
i
a
M
ar.
:1
2
1
%
Jn
n
e
H »c. A B I.Jo s.—COQA68.1911 " * •»
M idland of N. J ., 6s, g ... 1910 A A U llo % b , 116% Apr. 119% Ja m
Cfcle. * E. I1 E -1 M .* .1. 8*.19071" * B 113 b. 114 A pr. 115 A pr.
C o n so le * ......................... 1934 * * § 126%b. 124 Apr. 126 M ay Nor. A W. By.—1st, cons.,4 g.'96 A A O 73%b. 67% Apr. 74% Mar.
98% Fob. ,101% M ar. No. Pamflo—1st, oonp. eg. 1921 J A J 119 %b. 113 Jan . 120% June
G en eralco n so L ,1 st 5 s. 1 9 3 7 :" * " 101
00%
90 % Ju n e
85% Ja n .
P rio r lien, ry . A Eg. 4 , g.lS!t‘~ Q - J
Chicago A E rie.—le t, 5 g ..19821" * N 109%b. 108% M ay 112 Ja n .
56%
G eneral lieu 3 g .............. '2 0 4 , q - F
51% Apr, 57% J u n e
Q B m G aaE .A C .—l* t,5 g ..l9 3 7 ;J * j 104%b. 93 Ja u . lo o J u n e
106
a.
J
A
J
110
M ar.
A
139
N
o.Paoltlo
T
er.
Co—6
g
___193a
139%
J
u
n
e
97%
M
ay
128 J a n .
C h ic .M tt* 81 . F .-C o n .7 s. 1905
A J 120
115% Ja n . 120 Ju n e Ohio A MIbs,—Con.s.f., 7 s. 1898 J A J 10o%b. 104 Mur. 106 J n n e
1st, Southw est lllv ., 8*..1909
.1
A
D
85
A
90
Ja m
83%
Feb.
120%
J
u
n
e
120 % 115% Ja n .
Ohio Southern—1st, 6 g . . .192 1
1st. So. M inn. Dlv., 6 a ..1910
9%b.
A
117%b. 112 Ja n . 117% J u n e
8% Apr. 115 Ja n .
G eneral m ortgage, 4Jg . . l 9 2 ) M A N
l»T,Cb. A Pae. W .D iv.5*.. 1921
90
b.
J
A
G
90%
Jan .
A
O
regonlm
pr.
Co.—I
s
t
6g
.
.
l
910
113
Ju
n
o
1
84%
Ju
n
e
■ . A Mi . R lv.iiiv.,5a..1920
106% J an.
A J 115 b. 110% J a n . 115 J une
ConsoE, 5 g . . . ...................1939 A A O ‘ 20
15 Feb. t*20 J u n e
Wise. A M inn.,D iv ,8 g ...l9 2 1
113%b.
A
J
J
A
J
114
A
pr.
110
Ja
m
114%b,
110% Ja n . 115 J u n e O re.B .A N av. Co.—1st, 6g . l 909 , . ,
le n c ln a E S g ................ ...1 9 1 4
85%
86 May
A J 102%b, 96 J an. 103 J une
80 J an.
RK. A N av. consol., 4 g .1946 'j * ^
Gen. M., lg ., series A___1989
U
1
3
b.
J
A
I)
J
A
J
113%
M
ay
109%
Ja
n
.
118 b 118 Ja n . 118% Feb.
P enn. Co.--4 %g, eo u p ........1921
MU. A > o r.—l s t rcon.,6B,1913
99 b. 93 May 104 Feb.
Peo, Dec. A E v a n sv .—6 g .1920 J A J
Cblr. A 5 . P se., 1st. 5 g ...,1 9 4 0 A A G 1 42% 1 40 J an. t*14 Ja n .
97%tt.
q
F
M
A
S
106
Feb.
146% 140 Ja n . 146% J u n e
91 Ju n o
E v an s. D ivision, 6 g ....... 1920
Chic, A M. W .-OonsoU,76.1915
27% J a n .
May
2 d m o rta g e , 5 g ................. 1926 M A N n o % b . n o
Coupon, gold, 7 s ...............1902 J A E> 117 b. 116 Ja n . 121% May
95 Ja m 104 J une
Sinking fu n d , 6 s .............. 1929 A A 0 116%b. 114 Ja n . 119 Mar. P itts, Sii. A L. E ., 1st, 5 g .1940 A A O 104
71%a. 66 J a n e 74% Ja m
Sinking fu n d , fts...............1929 A A O 112
108% Apr. 112 Mar. P ittsb u rg A W estern—4 g .1917 J A J
84
84 J u n e
80% Apr.
Sinking fu n d , deben,, 5s. 1933 M A N 117
110% Ja n . 11/ J u n e B eading Co.—Gen., g, 4s .1997 J A J
77%
70% M ar. 7 7 % Ju n e
25-jMssrdebenture, 5S ...1909 M A N 110
106 Ja n . 110 Apr. K lo G r. W estern—l e t 4 g ..1939 J A J
F
A
A
MA
N
161
Ju n e
104%b, 101 J an. 104% J une St. Jo . A Gr. Isla n d —6 g —1925
147% Ja u .
K j tension, * s ................... 1926
Mil, E. Bh. A W„ 1 st, Og. 1921 M A N 133% 131 M ay 134 Apr. Bt. L. A S a n F r.—6 g ,C l .B .190( M A N 115 b. 112 Ja n . 115% Feb
115%
J
A
J
11
5
%
Ju n e
E x ten , A Im p., 5g....... 1928 F A A *Il4%b. 112 Mar. 115 Ja n .
108% Ja m
G eneral m ortgage, 6 g . , 1 9 3 i
101% J u n e
94 % J an
CStic.K.l.APite.—6s,coup. 1917 J A J 133 b. 128% Ja u . 134 Ju n e
G eneral, 5 g ................. 1931 J A J 101 %
7
0
%
Ju
ne
70
J
A
J
J
A
J
107% l O l’e Ja n . 107% Ju n e
R ailroad, 4 g ....................199 b
62% Ja n .
E xtension andool., 5 s . . . 1934
70 Ja m
68 b. 59% Apr.
30-y ear d e b e n tu re ,5 s... 1921 M A S 1 0 0 %a. 93 Ja n . 100 J une St. L. A So. W.—1st, 4s, g .198 M A N
23
b,
28
J
an.
Chic, fcE I*. M* A O.—6 s ... 1930,3 * » 131%b. 126 J a n . 133% May
2 d, 4s, g., in co m e............ I 9 si J A J
15 Apr.
CMc.AW.ln<E—G en.,g .,6 s.1932 Q -M 119 b. 116 M ar. 117% Ja n . St.P.M .AM .—D a k .E x .,6 g . 1910 M A N 121 % 116% Ja n . 122 Apr.
Cler. to r . A Wheel.—5 a ... 1933 A A O 98 %b. 98 Slay 102 Ja n .
1s t oonsol., 6 g . ................ 193b J A J 129 b. 123 Jau . 129 J nne
a a 0 . A I.—Consol.7g ...1 9 1 * J * D ‘ 130 b, 130 J u n e 134% May
reduced to 4 % g .. J A J 106 %b. 102% Jam 107% J u n e
94% M ay
G enersl, consoE, 6 g ___1934 J * J *126%b. 123% Ja n . 127% May
M o n ta n a e x te n sio n , 4 g .1937 J A D 92%b. 87% Ja n .
60 J u n e
59%
54% Jam
tXC.CABU- -Si.UDSr..49.1990 M A N 95
96% Apr. San.A nE A A. P ,—l s t , 4g.,gu,’43 J A J
92% Ja n .
93 A pr,
92%
F eorta A E astern . 4s. 1840 A A O 71
So. Car. A G a .~ 1st, 5 g . . . l 91u M A N
87% Feb.
68 J a n e 75 Ja n .
96% M ay
93 b. 90 Feb.
OoE M idland—C o n a , * g -1 9 4 0 f 1 4 1 5 a. I 6 M ay 117 Ja n .
80 . PaolUo, Arlz .— 6 g ... 1909-lb J A J
Ool. A 9 th A v«*. gu. 5s, K..1993 M A 8 118
115% Mar. 118% Ju n e So. Paoibo, Oal.— 6 « . . . 1905-1; A A O *106 b. 106 M ay 108 Ja m
90 % Jn n e
C ol.H .V ai.A T oL -O on.,5g.l93l a a 8 t 7*1%
85 Feb.
1 s t oonsoE, gol d, 5 g ___ 1037 A A O 90
63 Feb. 88% Ja n .
G eneral, 6 g ...................... 1904 J A I)
50 b. 49% Feb. 87 Ja u .
80 . Paoitle, N. M .- -6 g ....... 1 9 1 1 J A J 106% 102 Ja m 106% J u n e
92%
Cenv.A KioGr.—1 s t,7e,g, 1900 M A N 110 b, 109% May 113% Apr, S outhern—1 st oons. g, 5 s. 199 J A J
87% Mar. 925aJune
89% Ja m
lst<»DM )E,*g..... ...........1936 J A J
E . T enn. reorg, Uen-i-os.lSKi M A 8 68%a. 86 May
89 %b. 87% May 9u Ju n e
U s e A Iron
1st, 5s. 1937 A A O 101 b. 97% Ju n o 101% J une
E .T . V. A « . - l s t , 7 g . „ . 190u J A J I l l b. 107% Ja u . 111 J u n e
XJ-j LBo. 8b, A A ll.—6 K ....1937 J A J 104 b. 99% Ja u . 102 Feb.
Con. 5 g ...........................195c M A N 109 b. 107 J a u . 109% Apr.
Sdlson El. 111.—l»Econ.K,5s.'95 J A J 114% 104% J a n . 114% J a n e
G eorgia Pao. lstS -fis, g .,1 9 2 ; J A J 118 b. 107% Jau . 11 8 % Ju n e
Krte—4, s, p rio r b o n d s.... 1996 J A J 91%
K noxv. A Ohio I s t6 a ,g ..l9 2 ,i J A J 115%b. 112 Jam 115 Feb.
88% Slay- 95% Feb.
General, 8*4, g . . . .......... 1996 J A J
Kloh. A lla n y. con. 6 s,g ..l9 1 . J A J 124% 117% Ja m 124 %J nne
60%b, 62 M ay 66% J u n e
E r i s l i j , —1st, eon., 7 g -1 9 2 0 M A b 142%b. 139% Mar. 143% Feb.
W est.N o,O arlstoon.6B ,g 1914 J A J 116%a. 111% Ja m 110 %J une
V& 1Jock, consol., 6 g. 1935 A A O -135 b. 133% Ja n . 136 Mar. S ta n d a rd BopedtT., 1st.6x.1940 F A A 66%b. 65 Mar. 79% Ja m
F t. W, ,1
City.—4-6 g.1921 J A I.)
85 a. 79 J une 8 8 % M a r .
65
53 J a n .
65 J une Tenn. O. I. A B y—Ten. O .lBt, 6* A & u
Gal. IE A Sen. A u-M. A P.IM st,5g M A N
B irm ingham D lv., 6 g .,.1 9 1 7 J A J 83 %b. 79 A pr. 89 M a r .
89 1 88 May 91% Feb.
Gen, l-irctric,d eb , 6 » ,g ..,l# 2 2 J A 11 95 S 90% Ja n . 100 Ju n o T ex as A Paollio—1 st, 6 g . . 2000 J A D 92
92 J u n e
85% Ja m
B o««,* T, C e n t gels, 4s, g, 1 9 2 1 A A O 69 : 86% A pr. 70 Mar.
25% J u n e
25%
18 A pr.
2d, Incom e, 5 g ............. ..2 0 0 » A la ro ii
B U to ls O o tra l,—4a,g.......1953 M A N 101%
99% Ja n . 103 Ja n . T o le d o * O h lo O e n t, 5 g . . 1935 J A J 105 %b 102 Mar. 108 Feb.
» * i!fri.l,!t.‘ e.lBE ls.K lll.il F A A 104 b. 100% Feb. 105% May ToL SI.E . A K a n .0 .—6 g .,.1 9 1 ti J A V 78 a. I 66 % May 1 78% J u n e
lilt. AGn-st Vor. —lsl.Os.g 1919 51 A N 119
117 May 120 Apr. U nion Paelflo—6 g ........„ . . 1 8 9 3 J A J 103 %b. lo i% Mar. 105 F eb .
95 F eb.
»4 ,« % -» ..........................1 9 0 9 M A 8 81 b. 73 J an. 81 Ju n e
85 J au.
E x t siuiitug fu n d , 8 .....1 8 0 U M A 8 t 94
!'•* » CkAlraE—1 st,5 g . „ . 1938*J A II * 92%a. 88 Apr. 97% Ja n .
C ollateral tr u s t, 4 %------1918 M A N
149% Ja m 150 J a n .
Kings Co. Kiev.- l» t.5 g . 1B25W A J * 50 b. 44 Feb. 50% 51ar.
101%
M ay
A A 101 b. 1 0 1 May
Collnt. ir. 6s, g. m iucs.,.1902
Laclede Os*.—1 st, 8 * ,* ... 1 9 i a q —F 1 0 0 %
117 %b 113% Ja n . 117% M ay
93% Ja n . 1 0 0 % J u n e
K an. P ac.-l> eh .D lv .,6 g .l8 O 0 M A
F a i r Erie A « ••»!. - 5g___Ip.iT J A 4 118 b. 113% J a n . 1118 J u n e
78
Jan .
1st oonsoE, 6 g ---- ------ 1919 M A N I 75% )67 J a n .
i . K..i.re. - ( •in.ct... l«t,7« 1990 *1 A .1 113% 110% Ja u . S114 J u n e
O regon S hort L ine—6 g.1922 F A A 119 b. t l l l % J a u . 1 2 0 J u n e
Coe,*, ,,. r« 0 P„ Jd , 7 a __ 1003 J A M 120%b. 119 Ja n . 124% Mar.
O r.8.L.A U t’hN.—O on.,5gl919 A A O 84 b. 163% Ja m 183% Juno
33 A pr. 39 J u n e
.tc!-,.V*Etv-r, - l et, gu„ 5*. 1041‘A & 0l 1 10%a. 106 Apr. ll l l % Mar.
U. P. Oen. A G ulf ,oon.,5 K.103O J A U 38%
fe x . A t. A fav.K.KO, S a g 19 9 3 M A
lls
115% M ar. 118% J u n e U. 8. L eath er—8. F deb.6g.1913 M A N l l l ° 8 a . 110 M ay 114 F eb.
l« 6 g l* ta rid .—I* tc « n .,5 g .l9 3 1 q —J '1 2 0 a. 113 J a n . 119 .May V irginia M ld.-Gen.iM ., 5s. 1936 M A N *101 b. 100 Ja n . 103% Mar.
General w o rt# * # * ,* g ... 1838 J A I) • 87 a.I 76% Jo n . j 8 8 % Mar. W abash—1st, B e .................1939 M A N 104% 1 1 0 1 % J u n e 107% Ja m
E oala A Nssli.—( o n » .7 a..l8 9 8 :A A OS 1 03'ib. 102% Apr. 100% Mar,
2d m ortgage. 5 g...............1989 F A A 71 a.i 83% Apr. 73% J a n
» .Q A Mebile, l s t ,6 g ...l 9 3 0 J A J 122 b. 116 J a n . 123 J u n e
24
1 18% Apr.
25 Ja m
D eb eu .,S eries B .... — 1939 J
'
• m 109 %J nne
, “
"
2d. Ok . 1030 J A J 1 0 2 b. 98% Ja n . 103% Mar. W estN . Y. A P a .—1st, B g.1937 J
A J 109%b. 104%
Ja
G eneral, ftg__ . . . _____ 1030 J A l l 116 b. 115% Ja n . 118% May
50 Fob.
..... 43 May
Gem 2-3-4S, gold............. 1 9 4 3 A A O
B olted.*,*.................. ...1 0 4 0 J A j l
A J 10.1 b. 1 0 6 % Ja n . 109 J u n e
32%
78% Ja n .
82% J u n e W eat.U m T ei.-C o l.tr. 5 S ..1 9 3 8 J
iKWilt. S . A. * » . - l» t.8 * ,1 9 1 0 J A js 111 b. I l l J a n . 115% Ju n o Wise. C ent. Oo 1st 6 «
E l.(7 J
A J l 84
128 May 1 40 M ar.
mum jps
price riff'*;(f; th e range i* ma<te up from a c tu a l sa les only.
L a te st p rice th is week, t T ru s t re c e ip ts.

N 8 W YORK STOCK EXCIIWIJE PRICES-<Coutiuue(!».-r/Y.40Tjn7^ B0ND9-JUNE J>*.
Bid.

il l road
’M Bseha*
I
S llj-P i
J M k fm j
&■*;m
ABauft. m
*1 r*
Wflfe* •n

Bondi*
f*ri«
A*. 101AI

Ask.

8EOUR1TIE8.

Bid.

Ask.

Hail. A. Ohio 1st* ti», P ark B . l d i u 104 Hi
83
os, kuH ...............................1 9 2 5 ‘80
P ods. m e n ., gold. 5 s ______ 1988
102
W V». & P itta.—' st, g., 5«.. 1990
B. A O. 8. W., 1st, k. , 4 ^ . „ 1 990
Mot on. R iver, l* t, g., g.5ft.. 1919
O n l'iO U io R»o
I s t .4 ^ s .l 9 3 u
97 iS
A k Jk.0 i..I nuo.— \ «l*f ,5s.gtt. 19 i« |
iBrodiltfn Rieva i d—2rt *>« . 19 * *43""
Hf.’» t- .- *> rt.'R.—i 5 H tgU. l *>«

SEC U R ITIE S,
B runsw ick A W’n—1 st, g., 4s. 1938
Buff.R.A*. P itts.—R .A P .lB t 6 b. 1921
Rooh. A P itts .—ConH.l8t.6s. 192*2
C lea r.& Mah.—lfit,gu.,g *5s.l943
Buff. A Susqueh.—1st, 5 b, g . .1913
Burl. Ced.Rap. A No.—1 st, 58.1906
Oonsol. * collat. tr u s t, 5 s .. 1934
M ien. A St. I*.—1st, 7s, g u ..l9 2 7
Ced. Rap. X. F. A N*, l a t , 68.1920
5.«..... ................ .............. 1921

Bid.

A sk .

'1 2 6
*119*3
106
105
105

102

106X&

I HE CHRONJCLF

June 2P, 1897.]

12 9
L a te s t G ro ss D a r n in g s .

Jtu re stm c m

Week o r M o

|«n>

J jU i l r i r a d I t tt c llx g e ix t e .
RAILROAD EARNINGS.
The followm^ table shows the gross earnings of every
S T E A M 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 January 1 to and
including such latest week or month.
The returns of the street railways are brought together separct ' y on a subsequent page.
L a te s t G ro ss E a r n in g s .

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

R oad s.
W eek o r Mo

1897.
*
1
1 5 ,2 9 2
2 3 ,8 1 -2
4 4 ,1 4 4

1896.
*
1 4 ,7 3 8
2 2 ,9 1 1
4 2 ,7 5 1

A p r i l ............
2d w k J u n e
A p r i l ............
Pac. Ju n e.
9 1 .9 1 2
9 7 ,1 4 3
M a y ..............
3 9 .5 0 9
3 2 ,9 9 9
M a y ..............
4 5 ,2 3 6
3 0 .2 6 3
M a y ..............
2 0 6 ,1 6 8
A l l e g h e n y V a l . M a y ..............
1 9 8 ,7 1 8
2 2 ,3 7 6
9dw k Ju n e
2 4 .4 7 7
5 .5 7 2
6 ,0 7 0
A rk . M id la n d .
A p r i l ............
A p r i l ........... 2 , 5 1 0 , 4 9 9 2 , 2 0 3 , 2 7 0
1 5 1 ,4 1 5
M a r c h .........
1 2 8 ,8 5 7
4 0 .0 6 4
A p r i l ............
3 5 .1 8 6
1 1 ,4 1 7
A tla n . & D a n v . 2 d w b J u n e
1 0 ,2 3 7
3 2 6 .6 4 2
A p r i l ............
3 1 3 ,0 6 8
11 267
2 0 ,6 8 9
A p r i l ...........
3 2 .7 0 0
3 5 ,5 5 3
A p r i l ...........
B a l t . A O h i o ----- M a y .............. 2 ,0 2 0 .6 1 -1 2 , 0 0 6 , <86
1 1 5 ,6 5 4
B a l. & O . S o il’ w . 2 d w k J u n e
1 2 1 ,7 8 9

A ia . M i d l a n d .

B u ffa lo A s u e q ..
B u r .O . H a n . A N .
C a n a d ia n P a c ilic

C h lo .P e o .A 8 t. L

< Jh lo .K ’K I . A P .
C h l o .S t . P .M . jz O .
O h io . A W . M ic h .

C ln . P o r te . A V
C le v .C a n . A S o ..
O L G in .O h .A S t.l
P e o . A E a s t ’n
C l .L o r . <* W h e e l.
C o l. M id la u d ..
O o l. H . V . A T o i.
O o I .A R C k lM o u u l
C o l . S a n d ’y A n
C o lu s a A L a k e .
C r y s t a l ...............
C n m h T d V a lle
D e n v . A R io G r
D e s M . A K a n .O
D e s. M .N . A W ..
D e t. O .K a p .A W
D e t . A M a c K lo a *
E rie .
E v a n s . A l n d ’p i n
B v a n s . a R ic h

F la .C e n t. A P e n .
F t . W ’t h A D e n . C .
F t . W . A R io O r
G a d s. A A tt. U .
G e o r g i a R R -----G e o r g ia a A la ..
G a . C a r ’i a A N o
G eo . S o , A F la
G r. R a p . A I n d ..
C in . R . A F t . W
T r a v e r s e C ity
M i l s . « . R . A I.
T o t . a l l U ne*
G ra n d T ru n k

G r e a t N o r t h ’n S t. P . M. A M

A p r i l ............
M a y ..............
A p r i l ...........
3 d w kJune
M a y ..............
j2 d w k J u n e
d wk June
M a y ..............
2o w b J u n e
M a v ..............
A p r i l ...........
A p r i l ............
F e b ru ary .
3dw k J une
A p r i l ...........
Jdw k J u n e
3d w k J u u e
3dw k Ju n e
M a y ............
A p r i l ............
M a y ..............
M a y ..............
M a y ...........
2d w k J u n e
A p i i l ...........
M a r c h ____
istw k M ay
M a y ..............
J a n u a r y ...
2dw k J une
2 d w b .J iin e
A p r i l ...........
2d w k J u n e
M a y ..............
M a y ..............
A p r i l ...........
M a y ..............
M a y ..............
A p r i l ...........
A p r i l ...........
3dw kJune
I s t w k .J’n e
M a y ..............
2d w k J u n e
A p r i l ...........
2d w k J u n e
M a y ..............
A p r i l ............
A p r i l ...........
2u w k J u n e
2d w k J u n e
2dw k June
A p r i l ............
2dw k Ju n e
s t w k J ’n e
2d w k J u n e
M a y ...:...
M a y ..............
dw k Ju n e
Itliw k M a y
A p r i l ...........
M a y ..............
2« lw k J u n e
2d wk J u n e
2d w b J u n e
2d w k J u n e
2d wb Ju u e
2d w k J u n e
2d w k J u n e
2 d w k .J u n e
2dw k J une
2dw k June

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

R oad s.

1897.

1896.

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

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

5 2 8 ,6 0 9
2 3 7 ,1 4 4
2 1 2 ,3 6 4
9 3 1 ,8 4 8
581 433
2 8 ,8 5 4
9 ,4 8 4 ,0 0 8
4 3 9 ,0 2 3
1 8 6 .9 9 1
2 4 0 .8 6 1
1 ,2 7 7 ,7 4 9
6 4 ,2 9 7
1 0 9 ,5 0 5
9 ,8 5 3 , 5 8
2 ,6 4 0 ,1 8 0
1 9 4 ,9 6 8

5 3 0 ,1 3 1
2 1 3 .7 9 9
213 795
9 5 3 ,7 0 2
5 3 2 ,9 9 8
2 9 ,6 0 i
9 ,1 7 1 ,5 4 8
3 8 5 ,0 5
1 7 2 ,6 1 4

215,^44

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

1 ,5 1 1
1 ,8 4 8
1 ,9 2 5
8 ,9 7 2
8 ,8 9 2
1 ,6 7 9
4 4 ,6 0 6
1 7 7 ,7 1 8
1 8 7 .0 2 7
4 4 ,6 8 5
6 5 .2 9 4
6 6 . 7 2 3 1 , 4 7 0 ,1 8 4 ) 1 , 4 5 6 , 9 6 2
2 2 1 ,1 4 2 ,
1 9 0 .7 7 4
4 9 ,2 8
4 4 ,3 5 2 (
1 ,9 1 9 ,7 4 4
7 7 ,9 4 5
8 0 ,2 2 6 1 ,6 6 2 ,5
4 6 2 ,0 0
3 7 6 , 0 ' »0 9 , 0 7 6 , 8 2 2 8 , 6 3 6 , 4 3 2
2 1 ,9 1 m
1 9 ,7 5 1
2 ,9 3 6 !
2 .4 5 3
7 4 .3 3 6
7 5 .6 * 7 , 2 ,1 9 6 ,5 4 5 2 ,2 4 8 ,0 7 7
9 7 6 ,3 7 6
9 8 » ,3 8 4 | 4 ,5 0 0 .5 1 5 4 ,7 0 1 ,3 5 7
9 5 0 ,1 6 3 3 . 6 8 3 , 5 1 0 3 . 6 1 0 . 0 6 2
1 , 0 1 7 ,6 4 7
2 4 0 ,1 4 1
4 8 ,0 7 4
4 5 ,2 9 0
2 2 3 ,0 2 8
1 6 1 ,6 2 4
8 1 ,3 0 9
1 6 0 1 ,8 9 6
8 4 ,3 1 3
1 7 9 .8 8 2
1 8 9 ,5 1 4 4 ,9 9 9 ,8 9 8 4 .7 6 5 .0 6 2
1 0 , 4 1 5 ,9 2 1
2 , 6 7 5 .8 2 4 : 2 , 5 1 1 . 7 5 9 1 1 , 1 1 3 ,6 5
1 , 7 7 3 ,9 * 6 1 , 7 3 7 , 4 5 0
6 - ,6 9 0
6 7 ,3 0 9
8 5 ,4 6 3
8 '. 7 5 1 2 , 1 6 1 , 2 7 3 2 , 1 6 6 , 7 3 4
6 2 4 ,5 2 6
6 0 2 , 5 0 5 1 2 , 8 8 9 ,9 1 1 1 3 , 7 8 7 ,8 5 2
2 , 5 3 7 ,4 3 9 2 , 6 7 1 ,9 6
1 j , 4 2 2 , 2 8 2 1 2 , 5 6 0 ,9 3 5
6 5 ,6 2 2
2 8 ,0 9 5
6 3 ,8 9 6
2 6 8 ,2 2 8
6 6 .8 8 9
3 8 m,0 8 3
3 3 5 ,3 b 9 |
7 0 ,2 4 5
1 , 2 0 2 ,4 8 9 1 .2 1 .2 4 2 5 , 6 5 2 , 3 >8 5 , 9 3 8 , 3 8 9
6 7 4 ,8 1 0
5 9 0 ,9 7 1 2 ,8 1 1 .2 7 6 2 ,8 5 6 .5 2 8
6 6 6 .4 2 5
3 0 .4 6 4
6 5 4 ,1 3 1
2 7 ,7 6 6
3 7 4 ,5 8 6
3 3 ,3 2 8
8 2 ,9 8 0
7 o ,3 o 7
1 2 ,0 4 9
4 .1 5 6
4 ,7 2 1
1 3 ,5 8 0
1 2 .0 8 4
2 3 3 .3 6 0
2 3 9 ,4 6 8
1 1 ,2 7 8
3 0 4 ,8 4 8
2 8 t ,4 5 8 1 ,4 1 9 ,9 0 2 1 ,3 7 1 ,6 5 1
2 1 ,5 5 3
1 7 .6 5 2
1 7 .6 2
2 1 ,5 5 1
2 9 2 ,5 2 2
278 545
1 2 ,5 0 3
1 4 ,6 3 6
2 5 1 .9 3 3
2 7 0 ,2 2 6 5 ,8 0 3 ,3 9 2 5 ,6 9 1 ,5 1 1
5 2 2 ,9 9 <
1 2 0 .0 9 8
5 7 8 .2 6 1
1 3 6 .1 0 4
6 0 9 ,8 3 2
5 3 U .5 3 6
2 7 .7 0 7
3 5 ,1 0 6
6 4 6 ,1 0 6
1 2 3 .9 1 8
7 7 7 ,9 8 0
1 6 6 ,0 1 8
9 v/ 2 , 0 6 3 1 , 0 2 2 , 5 8 1
1 8 6 ,5 1 2
1 9 0 .2 9 6
4 2 ,1 9 1
6 ,6 7 9
3 0 1 ,9 1 0
2 9 3 ,0 8 3
6 1 ,3 5 2
6 2 ,8 1 3
4 ,8 0 0
7 ,3 0 u
2 ,0 0 6
1 ,3 0 0
2 .9 7 2
94b
4 ,4 4 6
1 ,1 0 8
2 4 9 .6 4 9
2 2 0 .8 3 0
5 6 ,1 1 6
6 4 .7 8 0
1 4 6 ,5 0 6
1 4 5 ,6 0 0 2 ,9 6 6 ,3 * 9 3 ,2 3 0 ,5 7 7
6 3 ,7 4 8
2 ,7 6 b
4 ,7 4 4
2 ,2 8 7
1 5 8 .8 4 5
1 8 0 .3 4 5
3 0 ,1 7 5
3 4 .2 4 5
4 8 5 ,0 1 9
5 3 6 ,4 1 1
2 3 .6 4 8
2 1 .1 3 9
1 7 1 .6 6 0
1 7 5 ,9 4 3
4 3 .8 3 7
4 4 ,9 0 5 )
6 1 3 ,2 7 0
3 0 .3 2 7
8 9 0 .3 4 1
4 9 .0 8 7
4 .-> 8 ,8 5 5
7 9 ,1 6 9
5 4 3 .3 4 5
9 6 ,5 8 9
2 , 4 1 8 ,5 6 7 2, 446,795 9 , 2 7 2 , 4 3 5 9 , 4 2 8 , 7 5 2
1 9 ,< 8 6
ly .1 4 3
5 .3 6 1
4 ,9 0 9
1 1 4 ,0 4 9
1 3 0 .6 2 2
5 ,5 5 6
4 .7 9 0
4 7 ,9 6 3
3 2 ,6 7 3
1 ,7 7 f t
2 ,4 7 6
4 8 8 ,9 n 5
4 4 1, 5 6 6
1 8 ,5 5 9
1 9 ,1 1 8
5 5 2 .7 4 0
6 0 0 .1 2 7 2 .1 1 8 .2 4 5 2 .2 7 6 ,1 4 7
4 6 .5 1 6
4 9 . 0 * 2 1 , 1 9 - ,8 2 1 1 , 2 2 4 ,4 7 1
9 6 8 ,7 5 0
4 1 ,0 2 .
5 2 .5 0 7
3 9 9 ,5 3 2
4 4 6 ,0 0 2
1 7 ,8 2 2
1 4 ,5 5 3
1 2 9 ,5 6 4
1 2 0 ,2 4 4
1 0 ,5 5 2 1
1 8 ,5 6 3
4 ,3 7 4
3 ,5 4
8 '5
959
6 7 8 .7 2 1
6 5 ,6 74
2 3 .0 5 9
2 0 ,7 9 8
2 6 9 ,1 9 2
4 1 7 ,7 1 1
2 3 ,3 0 4
1 9 ,0 9 6
2 7 0 ,8 4 7
3 « M ,62.i
50,221
4 6 .0 9 2
3 3 7 ,3 1 0
3 5 7 ,8 8 7
6 4 .9 6 1
7 1 .9 4 1
879, 44
8 1 1 .2 5 5
3 8 ,0 1 3
3 5 ,'7 3 6
l a 1 ,9 0 9
1 /3 ,7 8 9
7 ,1 7 9
» ,l1 7 >
1 6 ,7 4 4
2 1 ,2 3 8
768
1 ,0 5 6
4 7 ,1 4 3
5 ,2 9 8
2 ,4 7 2
2 ,1 6 5
1 ,1 4 9 ,6 8 9
4 9 , 6 5 8 1 ,0 4 8 ,9 3 1
4 5 ,8 4 8
3 4 6 ,7 7 3
3 3 8 ,9 6 0 7 ,5 2 8 ,o 2 0 7 , 1 5 ,6 9
5 8 .2 1 9
0 1 ,2 3 2 1 1 , 3 0 > ,3 0 2 1 , 4 6 7 , 7 4 3
3 8 8 ,6 7 4
4 1 7 ,1 1 1
1 7 ,0 8 2
1 7 ,7 9 5
5 9 ,6 7 1
4 8 ,7 3 2
2 ,4 5 0
3 ,0 5 9
2 8 .9 8 4
4 6 ,9 8 2
2 .0 0 1
1 ,1 9 9

l,060,7o0

4 ,9 -8 ,0 0 4
. 'f a y .............. 1 ,3 0 4 ,5 9 3 1 , 1 2 0 . 4 4 6 4 , 9 8 1 ,4 6 1
5 2 0 ,4 5 7
1 4 3 ,8 6 2 )
1 5 9 ,0 2
6 0 .V 1 6 3
M a y ..............
7 7 5 ,1 8 8
7 7 7 ,1 4 1
1 6 6 ,3 7 0
1 5 4 ,7 9 4
M a y ..............
T o t s y s - e r a M a y ............. L,6 1 9 , 4 0 9 1 , 4 3 0 ,6 7 8 6 , 2 7 9 0 6 2 6 , 3 7 3 , 1 5 5
3 1 ,9 1 5
4 7 ,7 1 5
8 ,9 0 7
1 1 ,1 4 4
G , l f B ’m u t & K . C . M a y ..............
1 6 ,3 8 5
1 .3 ,2 4 5
3 ,0 2 5
3 .9 1 4
G u l f A C h i c a g o M a y .............
2 1 ,1 7 2
1 9 ,3 4 5
5 ,3 4 1
5 ,4 3 3
H o o s . T u u . A W il. M a y ..............
9 4 6 ,2 5
9 6 8 ,9 4 0
2 2 1 ,4 1 0
2 2 1 ,5 0 6
H o u s . A T e x . c e n A p r i l ...........
M a y ............. 1 1 7 9 4 4 5 9 t 1 6 4 4 4 5 4 1 8 . 9 0 4 . 3 5 0 \ 8 . 6 8 3 . 9 3 3
2 0 4 ,6 4 0
1 8 7 .5 n 7
8 .2 9 1
7 ,9 0 7
2d w k J u n e

I n d . 111. A I o w a . A p r i l . . .
I n . A G t . N o r t h ’r 3 d w b J u n e
t l n t e r o o . ( M e x .) W k . J i m e 5
Io w a C e n tra l... 3 d w k J u n e
I r o n R a i l w a y . .. M a y ..............
J a c k . T . A K . W . Axu’i l ............
K a n a w h a & M ic h 2 d w k J u n e
K . C . F . 8 c o t t A M . 2d w b J u n e
K .C .M e m . A B i r . 2 d w k J u n e
K a n . C . N . W . . . M a y ..............
K a n .C ity A O m . 2d w b J u n e
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C . P i t t 2s d. ''w
A kG J. .u n e
K a n .C . S u b . B e ll 3 d w k J u n e
K e o k u k & W e s t . I s t w k J ’n e
L . E r i e A l l & S o . M a y ___
L. E r ie & W e st 3 d w k J u n e
L e h i g h & H u d . . M a y ___
L e x ’g t o n & E a s t . A p r i l . . .
L o n g Is la n d — M a y ....
L o s A n g . T e rm . M a y ....
L o u is .E v .& S t.L 2 d w k J u n e
L o u . H . A S t . L . i s t w k J ’n e
L o u is v .& N a s liv . 2 d w k J u n e
M a c o n & B i r m . . M a y ___
M a n i s t i q u e ......... M a y ___
M e m p h is & C h a s 2 d w k J u n e
tM e x ic a n C e n t.. 3 d w k J u n e
M e x i c a n I n t e r ’l. A p r i l . . .
tM e x . N a tio n a l. 3 d w k J u n e
M ex. N o rth e rn . A p r il...
t M e x i c a n R ’w a y W k . J u n e 5
M e x i c a n S o .......... l o e w k J ’n e
M in n e a p .& S t.L . 3 d w k J u n e
M . S t .P . & S .S t .M . 2 d w b J u n e
M o. K a n . A T e x . 2 d w b J u n e
M o .P a o . & I r o n M 3 d w k J u n e
C e n t r a l B r ’c h . 3 d w k J u n e
T o t a l ................ 3 d w b J u n e
M o b ile A B ir in .. 2 d w k J u n e
M o b i l e & O h i o . . M a y ___
M o n t . & M e x . G i f M a y ___
N a s h .C h .& S t. L . M a y —
N e l . A F t . S h ’p ’d A p r i l . . .
N e v a d a C e n t r a l . M a y ----N . Y . C . & H . R . . M a y ___
N. Y . O n t. A W
3d wk Ju n e
N . Y . S u s q . A W '. . M a y —
N o r f o l k A W e s t. 2 d w k J u n e
N o r t h e s ’n I G a . ) M a r c h ___
N o r t h e s ’n (S. C .) F e b r u a r y
N o r t h ’n C e n t r a l M a y ............
N o r t h ’n P a c i f i c 2 d w k J u n e
O c o n e e A W e s t M a y ..............
O h i o R i v e r ......... . 2 d w k J u n e
O h i o R i v . & C l i a s M a y ..............
O h i o S o u t h e r n . . M a y ..............
O r e g o n I m p . C o . A p r i l ............
O r e g . K R . A N a v . M a y ..............
O r e g . 8 h . L i n e . . A p r i l ............
P a c i f i c M a i l ......... M a r c h .........
P e n n s y l v a n i a . ^ . A p r i l .........
P e o ria D eo. A E v . 2 d w k J u n e
P e t e r s b u r g ........... A p r i l ...........
P h i l a . A E r i e ___ A p r i l ...........
P h i l a . A R e a d . . . A p r i l ............
C o a l A I r . U o . . A p r i l ...........
T o t . b o t h G o ’s. A p r i l ............
P h . R e a d . A N . E . A p r i l ...........
P h i l . W i l t n . A B . A p r i l ...........
P i t t s . C . C . A S t .L . M a y ..............
P i t t s . L l s b . A W ’n M a y ..............
P i t t s . B e s . A L .E . M a y ..............
P i t t s b . A W e s ’u . 3 d w k J u n e
P i t t s . C l .A T o l . 3 d w b J u n e
P itts . P a . A F . 3 d w k J u r e
T o ta l s y s te m .. 3 d w k J u n e
P itt.Y Y > u n g .A A . M a y ..............
Q u i n c y U.<v K .C . M a y ..............
K i c h . F r ’k s b A P . A p r i l ............
R i c h . A P e t e r s b . A u r i l ...........
R i o G r . S o u t h ’u . 3 d w b J u n e
R io G r ’d e W e s t . 3 4 w k J u n e
S t. J o s . A G r . I . . . 2 d w b J u n e
S t . L . C h . A S t . P . M a y ..............
S t . L . K e u ’e t A S o . M a y .............
S t . L A S a n F r a n . A p r i l .........
S t .L . S o u t h w e s t 2d w k J u n e
S t . P a u l A D u l . . M a y ..............
S a n A n t . A A . P . A p r i l ............
S a n F r a n . A N . P . M a y ..............
S a v . F l a . A W e s t A p r i l ...........
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S e a b ’r d A i r L i n t A p r i l
S l i e r . S l i r e v .A S o 4 t h w k M a y
S i i. s p r s . O . A G A p r i l .........
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S o . H a v e u A E a s i M a y -----S o . P a o ific C o. G a l . H a r . A 8 . A A p ril.........
L o u i s ’a . W e s t A p ril.........
M o r g a n ’s L A T A p ril.........
N . Y . T . A M e x . A p ril.........
T e x . A N . O r l . . A pril.........
A t L P r o p ’t e s .G v p ril.........
P a c i f i c s y 8 t e n A p ril.........
T o t a l o f a l l .J A pril.........
S o . P a c . o f C a l \ p r i l .........
S o . P a o . o f A r i z A pril.........
S o . P a o .o f N . M A pril.........
N o r t h e r a R y . A pril.........
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8 p o k . F ’l s A N o r A p ril.........
S t o n y C l . A C . M t A pril.........
8 u m u i i t B r a n c h M ay..........
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T o t ’l b o t h C o ’s M ay..........
T e x a s C e n t r a l . 2d w k J u u e
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A c h .J .C .A W $

1897.

1896.

1896.

2 7 5 .9 2 1
6 5 .0 6 6
2 8 3 ,1 9 9
4 9 ,7 2 2
1 ,4 -8 ,7 2 3
1 ,3 5 5 ,2 4 4
4 1 ,9 8
9 5 1 ,9 6 1
1 ,1 2 9 ,4 5 1
7 0 7 ,9 7 7
3 1 ,1 8 3
8 6 3 ,4 9 3
3 ,7 6 9
2 0 ,5 0 3
1 5 ,5 2 9
1 1 5 ,7 6 0
2 9 .5 4 9
1 1 9 ,4 7 9
7 ,9 4 3
2 0 9 ,0 9 4
2 1 6 ,2 9 0
6 3 , 0 1 5 2 , 0 0 .9 2 5 1 , 8 7 8 , 3 2 2
1 6 .8 5 9
4 9 0 ,5 0 9
5 3 3 ,9 6 6
2 0 ,5 1 2
1 0 5 ,5 5 0
1 4 0 ,4 9 1
1 ,6 5 8
4 1 ,9 5 0
9 8 ,8 2 6
8 0 2 .9 9 3
1 2 ,3 2 0
2 7 1 ,3 0 8
1 0 ,3 8 4
1 4 0 ,6 1 6
1 9 4 .3 8 4
1 7 7 .3 6 4
1 5 7 .7 3 9
7 ,0 6 6
2 6 ,7 5 3
2 9 ,9 4 2
3 ,7 8 9
6 2 ,8 1 4 1 ,5 4 2 ,0 0 7 1 ,6 0 9 ,5 2 1
1 6 1 ,8 4 2
1 3 4 .9 2 1
3 6 .8 5 9
6 9 ,0 7 1
1 9 .3 8 2
6 5 ,6 5 6
1 ,2 6 9 .5 9 2
3 4 7 .6 4 5 1 .2 3 6 ,3 0 3
3 7 ,5 2 1
6 ,2 5 2
3 1 ,2 9 0
6 4 4 ,3 2 8
5 9 7 .9 9 4
3 1 ,8 4 3
1 9 0 ,4 5 7
1 8 1 ,6 2 2
9 ,7 0 5
3 7 3 . 8 1 0 8 , 8 7 - .0 5 4 8 , 7 8 4 , 4 9 7
2 4 ,2 9 1
3 ,9 9 7
2 4 ,3 1 1
5 2 ,9 3 6
4 4 ,5 1 6
1 0 ,5 1 5
5 4 5 ,7 0 1
5 7 5 ,8 1 2
1 8 ,2 1 9
1 6 3 ,2 4 1 6 ,2 4 8 .7 8 8 4 ,6 0 6 ,2 2 7
9 8 1 ,9 6 5
2 3 9 ,4 9 8 1 ,0 4 2 ,2 6 5
8 5 .7 8 9 2 ,8 1 1 ,9 8 7 2 ,2 5 ,6 5 6
2 8 6 ,7 3 0
2 2 3 .0 3 4
5 9 .0 6 1
5 0 .0 0 0 1 ,5 8 6 ,5 0 0 1 ,2 ^ 2 ,5 0 0
2 2 5 ,4 4 6
3 1 5 ,9 1
7 ,2 9 8
8 4 9 ,3 7 8
3 6 .7 8 9
8 2 9 ,1 0 5
7 5 ,1 5 7 1 ,4 3 2 ,0 2 2 1 ,4 6 7 ,6 5 2
1 7 3 ,1 3 9 4 ,5 9 0 ,8 3 6 4 ,7 8 1 ,9 2 7
3 6 2 , 0 0 1 10 , 022,000 9 , 6 8 , 2 6 5
3 1 9 ,8 8 1
12.000
4 5 0 ,0 0 3 7 4 , 0 0 ' 1 0 , 4 7 ,0 0 ( 1 0 , 0 0 3 , 1 4 6
1 2 1 ,2 4 2
1
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3 1 5 ,6 2 8 1 ,5 7 4 ,3 3 2 1 ,4 6 6 ,8 5 0
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6
7
9 0 ,8 1 8
3 9 2 ,8 5 9 2 ,0 8 6 ,8 5 9 2 ,0 5 3 ,7 7 0
4 3 ,7 7 1
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1 ^ ,6 4 3
3 ,0 1 9
3 , 7 0 4 , 6 ^ 0 1 7 , 4 4 6 ,9 6 3 1 7 , 4 0 1 , 4 3 9
8 1 ,6 2 7 1 ,6 3 4 ,6 3 8 1 ,6 0 9 ,0 0 0
8 4 9 ,9 3 6
8 2 6 ,6 6 4
1 9 0 ,9 9 3
2 1 8 , 9 5 6 4 , 6 4 ,1 9 f t 5 , 1 0 9 , 1 3 0
1 8 ,4 2 3
16 4 0 5
5 ,4 6 3
1 1 4 ,8 3 7
1 1 4 ,2 s 9
6 0 ,4 4 0
2
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61,066
4 9 8 .3 o 3 2 .5 5 4 ,1 1 6
3 7 1 ,2 1 4 6 ,7 3 5 ,5 4 9 6 , 9 9 i , 6 4 2
1
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2 .8 7 1
1 4 .2 4 9
4 2 9 ,8 6 0
3 8 3 ,5 7 8
2 0 ,0 1 5

68,000
1 3 ,7 5 0
4 0 ,4 6 1
7 6 ,5 0 8
1 4 8 ,2 1 0
3 6 5 .0 0 0
1 5 ,0 0 '
3 8 0 .0 0 0
5 ,4 0 3
3 2 3 ,8 2 6
1 2 0 ,1 2 6
4 4 4 .3 9 3
1 2 ,0 8 5
3 ,7 7 7
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7 7 ,2 0 9
1 8 1 ,9 2 2
2 2 3 ,4 2 8
5 ,2 2 8
6 1 ,8 7 3
4 9 1 ,5 '2
3 3 9 ,9 3 5
2 ,6 7 0
1 6 . 7 <5
1 2 ,4 9 7
53 302
2 8 1 .3 6 7
3 7 5 ,2 2 0
4 3 8 ,3 9 6
4 1 3 .8 9 1
,0 1 1 ,9 7 ^
. 7 ,4 3 0
5 9 .5 6 5
3 0 9 ,7 8 4
, 5 5 4 ,3 1 3 .
0 8 8 ,3 9 2 1
6 4 2 ,7 0 5
4 6 .2 0 4
7 3 i ,3 7 3
.1 0 0 ,~ /7 9
3 .2 4 0
54 350
3 4 ,1 5 9
1 7 ,5 0 4
8 .3 8 1
6 0 ,0 1 4
1 3 3 ,8 5 5
2 5 .0 7 7
6 6 ,8 7 6
3 3 ,7 0 4

10,888

8 100
6 1 .1 0 0
1 5 ,0 0 0
2 2 ,0 5 7
3 ,3 8 9
4 7 8 ,2 0 0
6 6 ,4 0 0
1 1 8 .1 3 9
2 0 7 ,1 4 9
0 9 .0 9 8
2 5 7 ,9 3 7
3 0 3 .3 2 8
9 ,2 0 1
2 3 ,3 0 5
3 .5 5 4
3 6 ,0 2 8
1 ,5 4 6

1897.

$

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

3 1 0 .8 6 5
2 6 6 ,7 5 1
5 8 ,8 6 9
9 8 7 ,0 8 9 1 .0 3 0 ,8 5 6
2 8 1 ,5 0 2
3 3 1 ,5 3 8 1 ,5 5 4 ,8 9 7 1 ,5 5 9 ,0 4 7
4 4 4 . 7 8 0 1 , 6 2 5 , 6 8 4 1 .6 0 4 t,2 2 5
9 9 9 .3 2 7
3 5 1 ,9 o 7 1 ,1 3 3 .7 7 9
5 , 1 3 2 , 2 7 2 1 9 . 3 L 8 .6 0 9 2 0 , O 2 o .0 0 9
3 7 4 ,9 1 6
3 8 7 ,2 0 3
1 6 ,3 4 0
1 9 4 .8 1 3
1 9 6 ,7 5 5
5 3 .3 7 3
3 4 5 ,7 2 7 1 ,1 3 5 ,8 3 4 1 ,1 5 7 .1 1 2
6 ,3 8 8 ,7 5 4
1 6 3 5 .2 6 1 6 ,1 3 5 ,3 5 5
1 ,4 0 3 .9 6 4 5 ,5 4 8 .7 5 2 6 ,3 6 5 ,5 0 3
3 , 0 3 9 , 2 2 5 1 1 , 6 8 4 .1 0 7 1 2 , 7 5 4 , 2 5 7
2 1 0 ,6 3 4
1 7 9 ,6 0 5
5 2 .3 3 6
7 4 7 ,8 .3
1 , 2 1 0 ,8 2 9 5 , 5 4 3 , 7 2 8 6 , 0 5 2 , 1 6 2
1 7 .1 6 7
1 9 ,0 2 2
3 .3 8 6
2 4 7 ,6 5 7
2 1 2 .0 4 9
5 8 .9 3 0
7 8 9 ,8 6 8
7 1 5 .5 1 *
4 4 .9 3 1
3 7 9 ,2 9 6
3 5 7 ,6 6
1 5 ,0 7 0
1 5 1 ,7 9 2
1 2 9 .7 5 8
1 4 .9 4 9
7 4 .9 5 0 1 ,2 1 1 ,- 5 7 1 ,3 2 6 8 8 9
5 2 0 .0 2 7
4 1 7 ,6 1 6
1 6 0 .8 0 2
1 2 3 ,0 8 9
1 1 7 ,4 2 0
2 3 .3 6 4
2 3 7 ,0 2 6
6 5 ,3 3 0
229 69 i
1 1 4 ,4 7 9
1 1 2 ,1 9 8
3 1 ,2 6 5
2 0 5 .4 0 6
1 6 3 .3 1 4
9 .9 0 0
1 ,0 2 4 ,6 6 3
4 3 , 8 0 0 1 , 0 7 6 .7 2 3
2 6 3 .8 5 4
4 6 7 ,1 3 L
1 0 ,7 0 .)
1 1 4 ,2 1 9
1 1 7 ,8 1 8
2 2 ,0 3 6
2 0 ,1 3 2
1 .8 9 2 ,5 o 3 1 .9 3 9 ,7 6 5
4 4 8 .4 2 4
7 2 ,5 0 0 1 ,8 8 2 ,1 0 0 2 0 0 6 .8 0 4
5 0 0 ,2 8 2
4 9 7 .3 2 6
1 0 9 .0 4 5
5 5 1 ,6 1 9
6 3 2 .3 9 5
1 5 3 ,9 4 9
271,•->74
263 536
6 8 .9 4 1
1 , 1 3 0 ,0 7 8 1 , 1 5 3 , 8 4 3
2 8 6 ,0 6 2
2 7 0 .8 1 6
108 971
110 480
9 ,1 9 8
7 1 ,7 1 1
6 4 ,0 1 0
2 3 ,5 1 8
7 7 ,1 4 0
5 2 ,2 6 0
12 471
2 7 ,6 3 4
6 .7 1 8
8 ,2 5 2
1 ,5 3 6

I

1 .6 6 6 ,7 6 2
4 1 2 ,8 1 1 1 ,4 7 2 ,6 3 7
3 7 2 .6 3 8
317 971
3 3 9 5 61
6 7 ,7 4 2
7 6 .9 3 4
1 ,6 4 ^ ,8 9 2
4 1 0 7 8 0 ( 3 4 5 , 6 0 6 1 , 7 1 6 ,7 0 0
< 4 ,0 8 6
93 410
2 1 ,5 4 0
2 9 .6 0 2
4 4 3 ,3 3 8
5 1 5 .3 ^ 8
1 0 7 ,3 8 6
125 902
4 ,1 9 ; ,7 3 6
9 6 4 , - 1 0 4 , 1 8 3 .5 0 1
. 0 2 3 ,8 7 3
9 5 6 9 .5 6 9 9 ^ 3 0 ,7 6 4
.5 6 2 ,9 9 8 2 4 8 7 ,4 .4
, 8 4 5 6 7 2 3 . 7 1 1 , 6 9 0 1 4 , 5 6 1 ,6 1 7 1 4 , 7 8 1 , 0 4 0
8 2 6 . 2 5 8 2 , 9 6 4 6 6 6 3 , - '8 6 ,9 9 6
7 9 3 .3 6 3
8 2 7 .4 1 2
8 4 9 .9 7 9
2 0 5 ,8 7 5 ) 1 8 5 ,0 9 1
4 '4 . 9 2 8
4 1 9 , 13
95 142
1 1 6 ,0 * 9
6 5 ,5 5 4
6 1 5 ,0 3 9
1 6 4 ,4 5 3 1 1 6 1 .1 6 3
3 0 5 . 7 2 2 8 , 4 8 5 9 1 7 8 , 0 7 7 . 3 ’o 9
3 3 9 ,3 6 2
1 1 0 .9 6 4
2 0 1 .3 7 5
2 9 .8 9 6
5 4 ,1 6 8 ;
4 ,8 9 2
4 005
1 ,6 0 2
1 ,4 0 3 )
404 815
3 3 3 .8 6
7 9 ,2 8 2
6 6 ,3 1 9
370 627
3 - 0 .6 4 9
6 6 ,8 8 1
7 7 5 .4 4 2
6 6 4 ,5 1 1
146, 1*3
1 3 3 .3 6 8
1 0 1 ,6 6 2
9 4 ,9 7 8 '
4 .9 5 7
4, 76
8 8 ,3 6 7 2 ,9 1 5 ,9 43 2 .7 2 5 ,3 8 3
9 6 ,4 o 7 1
1 2 .6 2 0
1 3 .1 9 0
2 ,5 6 4
2 ,O s 5
8 1 2 ,6 2 1
7 6 9 ,3 8 3
3 .,0 1 0
3 9 ,1 2 2
384 774
1 8 ,7 8 4
1 7 ,0 1 0 ,
9 1 3 ,8 6 9
9 7 4 ,7 5 4
4 2 ,3 5 8
4 2 ,6 8 6

67,049:

' 437,999

,1 0 5 ,4 7 9

9 8 8 ,3 5 8

4 ,4 2 3 ,5 3 1

3 ,9 2 3 ,0 6 1

3 2 .4 6 7

2 4 ,6 1 9

1 4 2 ,5 0 5

9 7 ,0 2 7

THE CHKOJNHJLE.

lit* )
h a .!**! tira tt B a m tn g t
weoMor Mi

1897.

1898,

i J a n . 1 to L a te tt Dale.
1897.

1896.

t^ov. uuv.

Net Earuiugn (lo-tuuy to biitost Oates.— fho taolefoiiowthe net earnings o f 8 t e a » railroads reported t h i s
week, A full detailed statement, including all roads from
which monthly returns can be obtained, is given oncea month
in these columns, a n d the latest statement of this kind will
be found in the Chronicle of June Id, 1807. The next will
appear in the issue of July 24, 1897.
tn g s h o w s

*
ftI'',.
.Con, *
9
9
8
807,880
. V r l l1:
, ! wk J ’n e
15,000;
13,000}
434,446
228,919
<vi h r .1 1.-41 April . . . .
71.800
6!<,985 8 8,440:
i j f . t s.it.,1 v April ....... 1,295.690:1,143 401- 5,o9g, 05 1 .570.34 1
t*fe P I-vii-SU ... D tw k J 'h c 68,’•36;
71,806 1,37<»,205; 1,269,215
w »;,».v
d w k Ju n e 212,895 227,454 S.«< 3.097 5,632 433
------Orois Jiarnings---------------S c l Karninai.------•
77,410
* » , • a N arteu
A p r i l . . . . . 17.317;
16.81-2
70,932
1897.
---- -~~~ 618,0 59
»
A pril......... 181,074' 196,611 607,461
Roaae.
at
273,572
W V * . A 1510 March.......
97,007
102,971
269,794
118,455
111,214
14,769
10,878
85,156 A labam aG t, Sm ith. a .M a y
March.......
38.053
29,414
83.895
620,877
J a n . 1 to May 3 1 .......
56 8 ,-0 1
110,995
179,360
133,417
Wrau-rt! -f A ia.JA prs!........
45,571
38.389
210,955
J u ly 1 to May 31. . . . 1,479,923 1,521,667
471,270
487,281
WY.-t.V 1. ,t i n . .-,5 wk J*i»51.600
69,200 1,151,601 1,225,183
617,2 <2 A llegheny V alley___May
w in :
Rrie.SdwfcJim e
22,726
34,219 46- ,480
206,168
198,718
83.641
74,738
133,015
J a n . 1 to M ay 31.......
W i
A a
F eb ru ary
00,938
65,220
130,516
931,848
953,702
341,001
317,159
Wu-m.-or. i'- n t
w tJ 'n t- 89,258
96,936 1,825,787 1,902,411 A ustin * N orth w ...A pr.
11,267
20,689 d e f .1.083
4,913
33,152
5.869
6,243
27,737
W rt*h; . .i li'h -A p ril.........
J a n 1 to Apr. 3 0 ....,
64,297
17,443
79,521
20,479
V„f* —*
Apr il.................. 6,212
6,155_____20,126_____18,815
B a lt.* O hioS outhw .,A pr.
4 9 ',2 7 5
435.938
126,477
131,187
r . »
: n « do n o t include Oregon By. A N a y ., Tin. P ao. D e n v e r*
J a n . 1 to Anr. 30....... 1,936,065 1,894,154
513,414
580,936
S ri: j
U .dvllle * G unainoa, M ontana Union and Leavenworth
J u ly 1 to Apr. oO....... 5,076.101 5,444.950 1,503,025 1,822,387
Topeka a South « e* tern a T hese figure* Include results on eased lines Buffalo * Suscpieb.a. May
19.287
44,3 5 2
25,416
21,212
» Inc -d< »i-erBlngs from ferries, e tc ., not given separately. JM exiJ a n . 1 to U av 31.......
221,112
1 9 0 ,7 7 4
102,554
73,458
e*n ct i ret cv t Include* only half of lines In which union Paclflo has
J u ly 1 to Slay 31.......
530.911
4 4 3 ,1 1 2
273,262
200,241
• U- ' ip te re e l
Cent,
of
N,
J
e
rs
e
y
.a.
M
ay
976,376
988,384
341,148
313,956
a It eludes operations of the Chic. Burlington * Northern In both
J a n . 1 to M ay 31....... 4,500,515 4,701,357 1,435.065 1,463.890
a g ti.
1 Co’ • t* r e ju ltt fo r lines d irectly o p erated e a s t of P itts b u rg ,
O en trai P a c ific .b ......Apr, 1.017,647
950,163
370,780
305,972
i li c e ,: ,» et. Louis Alton * T erre H au te fo r a ll periods.
Ja n , 1 to Apr. 30....... 3,683,510 3,040,052 1,231,212 1.151,379
Clev. Lor. & W h eel...A pr.
112,883
120,922
35,700
40,496
l a i c 'I Wro«« E a rn in g s b j W eeSs,—T he la te s t w eeitly ea rn ­
J a u . 1 to Apr. 3u.......
371,902
407,619
120,948
104,-61
J u ly 1 to Apr. 30.......
950,394 1,303,949
208,242
ing- in the fi regoing are separately sum m ed u p a s follows :
337,894
11,440
10,931
far t* . third week of June o u r prelim inary sta te m e n t D esM oiues « 1C. C ...A p r.
def, 77 6
4 ,708
Ja n . 1 to Apr. 3o. .. .
48, >83
37,180
11.013
14,670
c a v n , i'i’. roads, and show s 6-3 6 -per c e n t increase in the
G a South. * F la.a.. .M ay
64,961
71,041
15,491
506
sggrt w - s t w r th e sam e w eek la st y ear.
J a n 1 to May 31. .. .
337,310
357,887
101,313
75,638
J u ly 1 to May 31.......
increase. Decrease.
257,612
1897,
1896.
793,925
8 0 1 ,-6 2
SB w o k - o f Ju n e.
258,310
221,410
H oust. & Tex. C ent . Apr.
224,508
33,575
15,489
*
$
$
$
Ja n . 1 to Apr. 3 0 .......
946,285
963,910
183,113
151,068
24,477
2,101
22,376
JtB.s Ar b o r ----- ...
37,454
35,414
14,954
12,227
____
1,-129 Ind. Deo. * W est. b ..F e b .
65,294
£&0fck> Koch. A Fltt«b*sr.
66,723
J a n . 1 to Fel> 28 .......
74,468
80,142
28,640
32,838
462,004
376,000
86,001
Guram*** Fmeifio.. . . . . . . .
Ju ly 1 to F eb 28.......
318,212
337,867
113.812
109,433
C&e*»T>e» MM A Ohi O. . . . . .
189,514
9,632
179,882
___
_
28,952
85,46a
85,751
OfeSC*.«o G reat W estern..
2SS K eokuk & W est,n .b ..A p r.
33,627
3,801
12,997
Ja n . 1 to Apr. 30.......
120,998
602,505
22,021
G U ctiO MOw. A S t. Paul.
...
624.526
138,336
35,691
58,433
mm_
f&mtmt A Rio G ran d e.,
116,51 0
900
145,600
L ake S hore * Mich. So.
later* ’1 * © t, N o ith ’n .
49,722
4-1,484
5,238
J a n . 1 to J 11in- 3 0 ..
9.619.214 10,125,390 3,174,039 3,196,652
m |r , „
low * C e n tral. . . . . . . . . . .
2 9 ..7 2
31,183
1.911
.,
City suburb. B e it...
10,062
10,384
322 M ich. C ent. & Can. 8o.J
a
u
.
1
to
J
u
u
e
3
0
___
6,554,000 6,620,000 1.749.000 1,716,000
i*»ke E rie A W estern ...*
66,651
62,814
3,837
N. Y. C e n tral * H un.—
90,<97
M m ic m C oittral. . . . . . . . .
163,241
253,838
mmmm,mm.
A pr. 1 to J u n e 3 0 ....1 1 ,0 5 5 ,0 0 0 10,852,654 3.896.000 3,615,571
110,328
M eateao
.......
85,789
24,5321.1 0 oeapeOs A St. L oots.
3,672
J a i l 1 t o J u n e 3 u ----- 2 1 . 1 - 8 . 4 . 2 5 2 l , l 3 6 . n 0 5
36,789
7,142, .49 6.870,154
40,46.1
365,000
362,oOO
3,000
Mto. Fuel8c A Iro n M l—
J u ly 1 to J u n o 30 .. 14,127,000 45,144,967 14,587.0o0 14,689,397
15,000
12,000
3,000
C entral B r a n c h .........
N Y Bus. * W est, b..M ay 181,922
86,644
190.893
8 7,5 1 2
77.209
81.627
Hew t o r * Oof. A Weat’n.
4,418
J a n . 1 to May 31.......
826.664
863,464
849,936
361,712
60.014
74,950
14,906
Itttlta u r* A W e s te rn .....
Ju ly I t o May 3 1 ....... 2,066,287 2,038,1-63
929,556
873.802
<rn__
8,10ii
9 ,-0 0
1,800
...........
N o rth eastern of G a.M ar.
5,228
2,140
5,463
1.382
Bk > Graiide Weastern...,.
43,800
6 1 .1 0 0
17,300
19,423
J a n . 1 to M ar. 3 1 .....
16,405
3,904
7,196
T ex as A P acific... _____
86.407
88,367
8,040
Toledo A Ohio C< S to tt..
34,010
491,562
N
orthern
C
entral,
b
..M
ay
39,122
116,834
498,303
5.1»2
94,748
ToL bt. L. A K an. C ity ..
42,358
Ja n . 1 to M ay 3 1 ...
42.6*6
2,551,115 2,461,065
328
577,810
729,090
Wabash.
... . . . . . . . . . .
227,454
.........
212.1-95
14,559 S outhern Paclflo—
WfeMNUteir A Lake E r ie ...
22,726
34,219
11.493
138,754
58,347
Gal. H, & S. A nt. b.. Apr.
372,638
412,811
95,936i
Wi»eooMa C e n tra l.. . . . . .
........... .
89,253
6,683
Jam. 1 to Apr. 30....... 1,472,637 1,066,763
310,502
52,9.037
76,914
67,742
L
ouisiana
W
est.
b,.A
pr.
21,455
28,134
Total <20roods!. . . . . . . . . 3,230,179 3,037,113 267,846
74,780
Ja n . 1 to A yr. 30.......
339,561
147,334
125,542
317,971
Hrf Inoytrusfr it; 36 p. o,)„
193,i *6t
.w * » a . . . ■...
345,606
M*gan’sL a.& l’e x .b . Apr.
410,780
28,352
103,912
Ja n . 1 to A pr. 30....... 1,716,703 1,045,892
496,154
3 55,986
b» > U t second week of June our final statement covers
8,549
21,540
N .Y .T ex. & M ..b ..A p r .
29,602
5,456
Vj k s ’If, ana hhowe 2*51 per cent increase in the aggregate
1 4,249
J a n . 1 to A pr. 30. .. .
93,410
31,660
64,086
o v e r t h e s a m e w e e k la s t y e a r .
107,186
T exas & N. 0 .,b ...A p r .
125,902
35,126
44,482
139,018
443,338
J a n . 1 to Apr. 30.......
515,328
182,859
UN? meek o f J u n e .
1897.
1896.
Increase. Decrease.
244,521
964,210
A tlan tto System _h. Apr. 1,023,873
223,085
J a n . 1 to Apr. 30....... 4,183,501 4,193,738 1,164,480 1,166,754
*
9
s
S
911,505
Paclflo S y ste m .b ..A pr. 2,562,998 2,487,474
731,852
F r e v l y r e p o r t e d (2 9 P C s) 3,382,6=5 3,203,398
272,410
93,123
Ja n . 1 to A pr. 3 0.___ 9,569,569 9,8o8,764 3,063,298 3,011,135
AlMttmum G t. S o n th e ra ..
28,812
5.901
22,911
A tU stte A f»»nv!lHs. . .
1,180
11,417
10,287
T otal of a l l .b .........Apr. 3,845,672 3,711,690 1,191,093
972,607
JteG, Cwl, Hap. A H o ith .
77,945
80,22b
2,281
J a n . 1 to Apr. 30.......14,561,617 14,781,'.40 4,380,968 4,242.437
Cfentr4t of Clcorgi %. . . . . .
74,336
75.067
1,331
Ju ly 1 to A pr. 30.......41,295,318 42,180,076 14,886,428 14,942,778
€92!tauto G reat W© stem .
86,025
87,8.i8
1,967
253 131
So.
Pac. of C a l.b -.A p r. 793,363
826,253
304,619
Cfete* A W m t M ichigan....
2,esfij
30,464
27,766
Ja n . I t o Apr. 3 0 ....... 2,904,600 3,286,996 1,036,851 1,086,045
ONrre* C antoo A Bernik*®
12,5i,3
14,8e6
"2 ,1 3 3
So P ao.of A rlz’a. b . Apr, 205,875
185,091
51,353
68,518
O ft* * H a* Chic. A BU L . .
251.933
270,221
18,293
269,349
Ja n . 1 to A pr. 30..........
849,979 827,412
256.831
Clm . t*»r*tn & W heeling
27,707
35,100
7,399
Xfcvfroft Gr. list*, h W m u
21,139
23,628
2,439;
63,702
So.Pao. of N M .b .. Apri 116,629
95,142
32,669
© slo t* B* s . a A U m u A .
30,327
49,067
l i ',760
152,124
224,359
la n . 1 to A pr. 30..........
419,135 404,928
Btm&m. A Indianapotis
4,790
766:
5.566
N
orth
ern
R
a
il'v
.b
..
Apr.
164,453
161,163
33,405
43,448
ffcva**¥» A Riciim cm d...
1,778
2,476
' ” '698
132,258
J a n . 1 to Apr. 30.......
615,039
625,554
171,390
Ihrsiisv, a T ertv H a m e,
IB,559
19,118
559
240,281
Fite* A Par#- Mtkpiuepts
313,891
46,510
49.042
2,526 S outhern Railway.!* .M ac 1,474,518 1,364,675
Ft- Worth A !>c»v. C ity.
Ja n , I t o M a y 31. . . . 7,807,980 7,165,478 2,241.911 1,899,579
17,822
14,55a
3,260
G ro t* la .,,* .. . . . . . .
J u ly 1 to M ay 31.......17,016,565 17,e»3,611 5,641,265 5,431,075
23,059
20,798
2,261
B iM d td i In d ian a
38,013
35.7-6
2,277 S um m it B ran ch .. . . .M ay
2,080 def.25.031
66,319
79,282
d n Rich, a n , Wayn#
7,170
8,117
938
............
333,862
404,315 def,9,7u5 d e l.o 7 ,48 2
Ja n . 1 to May 31. . . .
T r a r mem- C its'. . . . . . . . . .
1,086
70ft
288
66,381
67,049
def.60
d ef.9 2 0
Lyteens
Val
C
oal..
.
May
■M©*. *ir. Rapid# & lad.
2.47
2,165
3 u7
330,649
14,331
25,371
370,627
J a u . 1 to May 31.......
Grstbii T ran k **«»,„<****.
346,773
338,000
7,813
2,020 d ef.'<5,951
146,163
CTsir..% Or. T rw ah ..... .
133,388
T o ta l both Go’s .......May
88,219
61,282
3,013
XMU Or* Havel* a . MIL,
4,676
dcf.32,111
776,442
Jim
.
I
to
May
31.......
664,511
17.790
17,082
708
Mmikinaw., j
2.453,659
" '6 0 9 T ra n . Coal 1. * KR...M ay
33,792
74,108
_ Teh Wag. 4i 31ttshe*<*!>.,
2.001
1,109
BO2
223,451
383,142
J a n , l to M ay 3 1 ................... .—
;
7,007
8.29i
"381
Kan* Fity F t. a. A
69,696
63,9 5
5,781
a N et earn in g s h ere given a re a fte r d ed u ctin g ta x e s ,
.%*. o it# Mem. # Birin,
19,278
16,859
2,410
b N et earn in g s h ere given a re before d e d u c tin g ta x e s .
Hafesfsi*Oty A Omai.ia.,
3,166
1.058
1,607
___
IriWKbrr Ev
A B U ho. 1
25,08 ■
31.8 43
6,162
interest Charges and Surplus.— The following roadB, in
S iiW tiiit a HaahvTiia,.
377,72'
373,810
3.915
addition to their gross and net earnings given in the foregoing,
Mtm-pht# A- Char:?rs to n .,
25,427
11,219
7,208
Misticaia National . . . . . i 101,647
81,948
19,6911
a ls o report charges for interest, &c., with the surplus or deficit
itlafe,
P. A ft. ft, M. , . .
70,00-,
75,167
1,851
above or below those charges.
2itti>lir a B irtoinghius. , .
4,457
5,*08
0.--1
H-erfoti A
.. .
B at. o f N et Ba.rnt.-~
- In ter't, re n ta lt, <Mc.223,42*
218,056
4,4 72
1897.
H orthere P a e i t l © * . . ,
-----1896.
1897.
*1896.
339,935
371,214
31,279
*
OU»Bif«4.................... ..
8
$
Roads,
S
16,738
20,015
3,280
FMe. A F Jvanrv,.
8 ,305
12,987
12,748
Buffalo * S usquah’a . M ay
12,668
17,430
16,340
1,090
66,330
it-, tm n n BemxAwmii
133,911
133,468
66,400
J
u
ly
1
to
May
31.......
139,796
72,500
" e j ’o o
i W F f f RaitWFa f . . . .
330,362
305,722
33,640
26,224
47,884 def. 13,985
T enn, G o a l!. A R E .M ay
17,777
!%**« O n tfft!...........
4.676
4.957
143,722
239,420 def. 1 0 ,4 3 1
‘" s s i
J a n . 1 to May 31.......
238,885
F#ofT* # Wml*®,.
17,010
18,784
1,774
n s H, T, A p€ias..A. j 51.000'
69,200
7,600
STBEET 1UILWAYS AND TRACTION COttPANiES
C%atra|84,469
92,173
7,704
The following table shews the gross earnings for the latest
Tsrtal ;TS
6,499,170 6,338,006
382,3*7 "221,166 period of all street railways from which we are able to obtain
1r«t»<W4»ia-f-4p.. e,i
161,181
weekly or monthly returns. The arrangement of the table is

i'HK CHRONICLE.

J une 20, 1897.J

fche same as that for the steam roads—that is, the first two
columns of figures give the gross earnings for the latest
week or month, and the last two columns the earnings foi
the calendar year from January 1 to and including such latest
week or month.
STREET

R A .I L W A .y s

AND

T R A .O T I O N

L a te s t G ro ss E a r n in g s .

C O M P A N IE S .
J a n . 1 to L a t e s t D a te .

G ross
EA RN IN G 8.

W eek o r M o

1897.

1896.

$
$
M a y ..............
9 ,4 7 8
9 ,6 7 5
A p ril.........
3 ,6 0 3
3 ,6 7 9
M a y ..............
4 , 3 6 2 1 ................
M a y ..............
8 ,4 8 5
9 ,6 0 5
M a y .............. 1 1 5 , 2 5 0 1 1 8 ,1 6 7
M a y ..............
1 ,7 2 1
1 ,8 1 9
M a y ..............
6 ,6 1 7 !
7 ,3 1 5
M a y .............. I 1 2 , 0 6 5
1 2 ,7 2
M a y . .......... 2 8 , 6 3 3 3 0 , 0 3
M a y .............. 2 6 , 7 8 * , 2 6 , 6 9 8

1897.

1896.

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

%
A k r o n B e d f d & C le v .
3 1 ,8 0 6
A m s te r d a m 8 t. R y .
1 4 ,4 7 o
A n d e rs o n E l. 8 t. R y ..
A t l a n t a R a i l w a y .........
3 3 ,4 1 0
B a ltim o r e T r a c tio n ..
4 7 2 ,4 9 5
B a t h S t. R y . (M a in e .
7 ,2 6 0
B a y C i t i e s C o n s o l ___
B ln g n a m t o n S t. R y ..
B rid g e p o rt T ra c tio n
1 2 0 ,1 9 5
1 1 9 ,8 3 9
B r o c k to n C o n . S t. R y .
1 2 1 ,4 1 1
1 1 2 ,2 3 0
B r 'k l y n R a p . T v . C o .—
B r o o k l y n H e i g h t s . . M a y .............. 4 1 7 , 4 4 2 4 2 3 , 4 3 6 1 , 7 9 9 ,1 4 0 1 ,7 9 1 ,7 7 4
2 8 6 ,4 8 4
B r ’k l y n Q t T n s
8 u i M a y .............. I 6 8 , 8 1 4 ' 6 9 , 4 9 5
2 7 5 .7 7 7
M a y .............. 4 8 6 , 2 5 6 4 9 7 , 9 3 1 2 . 0 8 5 , 6 2 4 2 , 0 6 7 , 5 5 1
T o ta l fo r s y s te m
B n f t a l o R y ....................... M a r c h .........
3 2 3 ,0 7 6
3 3 5 ,1 5 4
C h e s te r T r a c tio n ..
M a r c h .........
1 3 * 5 1 9 1 3 ,7 3 1
3 8 ,3 4 0
3 8 ,6 8 3
C i t y E f c c . ( R o m e . G a . M a y ..............
8 ,3 0 2
2 ,3 5 3
2 .0 1 0
7 ,9 7 7
C l e v e l a n d E l e c t r i c . . M a y .............. 1 3 9 , 3 0
6 4 0 ,0 7 9
1 5 0 ,7 5 7
6 5 4 .9 3 2
C l e v e . P a i n s v . & E ___ M a y .............. I 7 , 5 6 2 ................
2 8 .1 2 5
C o l u m b u s 8 t . R y . (O .) M a y .............. i 4 9 , 1 7 0 5 8 , 1 6 9
2 3 3 .0 8 7
2 5 9 ,1 2 1
C o n e y I s l a n d <s B ’l y n A p r i l ............ I 2 5 , 0 9 2 2 6 , 6 9 9
8 7 ,0 1 5
8 7 ,6 2 8
D a n v . G a s E l. L ig h t A
8 t r e e t R y ..................... 1A p r i l ............
3 4 .8 3 3
8 ,3 3 0
7 ,9 3 2
3 3 ,3 8 7
D e n v e r C o n . T r a m w M a v .............. • 6 2 , 2 4 3 6 2 , 7 >3
276 563
2 8 4 ,8 3 L
D e t r o i t C i t i ’n s ’ S t . R y . 3 w h s . J u n e 6 7 , 2 4 3 6 4 3 1 5
4 8 1 .8 3 9
4 5 3 .4 8 7
1 3 6 ,4 0 5
D e t r o i t E l e c . R y .......... A p r i l ............ 3 2 , 7 8 8 3 5 , 1 0 9
1 3 1 ,9 3 3
A p r i l ...........
1 5 ,9 2 3 1 7 ,5 6 4
5 8 .4 9 0
D u lu th S t. R y . . . .
6 ',7 0 7
5 0 .5 4 9
1 1 ,3 1 5
1 3 .» 9 4
E r i e E l e c . M o t o r C o . . M a y ..............
5 7 ,7 6 6
G a l v e s t o n C i t y R y . . M a r c h .........
1 4 ,5 5 9 1 3 ,5 2 8
4 4 ,1 7 5
3 9 ,8 4 5
H e r k im e r M o h aw k Ii
3 ,4 4 7
3 ,8 0 6
i o n a F ’k f o r t E l . R y
M a y .........
H o o s i c k R y . .........
M a y ____
657
9u0
2 ,6 3 9
3 ,1 7 6
H o u s t o n E l e c . 8 t . R y M a y .........
7 5 ,2 4 3
7 7 ,5 0
1 7 ,2 8 1
1 8 ,1 3 3
I n t e r s t a t e C o n s o l , o*
1 0 ,6 9 4
1 0 ,7 2 1
4 7 ,2 6 4
4 5 ,4 6 4
N o rth A ttle b o r o ..
M a y ____
2 0 ,0 8 6
4 ,7 8 1
K in g s to n ( h t j R y —
4 ,8 4 8
2 0 ,1 9 1
M a y -----7 ,2 4 1
9 ,1 2 6
L e h i g h T r a c t i o n ........... A p r i l —
3 1 ,7 5 1
3 7 .0 0 8
7 .6 5 4
7 ,7 1 4
3 3 .9 5 4
2 9 .9 1 7
L o n d o n 8 t R y . ( C a n .) M a y .........
147 039
L o w e ll L a w . & H a v
1 5 1 .3 1 6
M a y .............. 3 6 , 8 6 5 , 3 6 . 6 5 1
7 6 5 ,4 4 6
7 6 6 ,3 8 3
M e t r o p . ( K a n s a s C i t y > 2d w k J ’n e 3 7 ,4 8 6 1 3 9 , 3 7 0
M e t r o . W . S i d e ( C h i c .) M a y .............. 6 4 , 4 9 8
5 ,4 2 7
M o n tg o m e r j S t. R y
2 1 ,5 8 2
2 1 .2 9 7
M a y ..............
5 .4 7 8
5 t 8 ,4 1 5
4 8 6 ,3 2 3
M o n t r e a l S t r e e t R y . . . M a y .............. 1 1 6 ,3 .i 9 1 1 4 , 2 6 3
3 6 8 .4 2 0
N a s s a u E l e c . ( B ’k l y n ) M a y .............. 1 7 3 ,2 2 5 1 7 3 , 8 1 4
6 4 9 ,4 4 6
8 ,5 4 4
2 6 ,0 2 1
6 ,9 8 0
2 8 ,4 0 9
N e w b u r g h E l e o i r i o . . . M a y ..............
N e w E n g la n d S t.—
1 4 ,3 8 8
4 2 ,0 7 6
4 2 ,6 8 1
W i n c h e s t e r A v e . . . M a r c h ......... 1 1 4 , 8 9 5
6 ,0 4 0
2 ,0 6 2
6 ,0 9 6
P l y m ’ t h <fc K i n g s t o n M a r c h ......... : 2 , 1 4 2
4 8 ,1 1 6
16 ,4 * 1 0
4 8 ,7 7 ?
T o t a l ............................. M a r c h ......... j 1 7 , 0 3 7
3 .7 3 3
4 ,7 3 6
1 4 /. 4 9
1 5 ,3 6 5
N e w L o n d o n 8 t . R y . . M a y ..............
5 6 3 ,1 6 6
5 4 3 ,0 8 4
N e w O r l e a n s T r a c t i o n v ,a y .............. 1 2 1 , 4 0 8 12 5 , 6 9 9
5 5 2 ,7 1 5
5 5 2 ,5 7 3
N o r t h 8 h o r e T r a c t i o n v d w k J u n e i 2 7 ,1 1 2 2 5 ,8 0 7
5 .6 ^ 2
1 ,9 1 8
1 ,5 4 8
5 .7 0 8
O g d e n s b u rg 8 t. R y .
M y ..............
1 2 7 .4 6 2
1 2 7 .7 8 8
P a te rs o n R y ..
M a y .............. 1 3 2 . 2 1 7 3 2 , 8 5 6
1
3
,
6
3
0
6 .7 5 4
1
.
3
1
9
3
,
4
1
P l t t s b . F t . B u b . E l . B y . M a y ..............
3 1 ,0 4 1
8 ,4 5 4
2 9 ,8 2 3
P o ’k e e p s i e A W a p p . F . M a y .............. ' 7 ,7 6 1
2
2
,1 6 4
6
,
9
3
1
!
6
.
6
9
5
2
1
,
0
8
6
B o h u y l k i l l T r a c t i o n . . M a r c h . ___
5 ,2 5 0
5 .0 9 6
2 0 ,2 3 5
S c h u y lk ill V a l. T r a c
M a y ..............
8 c r a n t o n A C a r b o u d ’e A p r i l ............ ! 2 , 8 5 2
4 .6 6 2
1 8 ,3 8 4
B c r a n t o u A P i t r s i o n . . A p r i l ............
1 3 2 ,5 0 3
3 0 ,7 6 3
1 3 4 ,3 5 8
S c r a n to n R a ilw a y ..
M a y .............. 2 8 , 9 6 1
8 e c o n d A v e. iP itts b
M a y .............. 8 5 , 4 3 4 8 9 , 1 7 3 * 2 9 4 , 5 5 0 * 2 9 7 , 2
1
3
,0
5
5
1 4 ,8 3 7
3 ,5 4 5
2 .9 4 0
B y r a c u s e E 's t - S i d e R y M a y ..............
1 6 7 .5 2 5
1 7 5 .U 5 2
S y r a c u s e R a p . T r . R y . vi a y .............. 3 6 . 7 ? 9 ‘ 3 8 , 3 6 6
4
5
,
7
4
1
4
7 ,1 7 4
1 1 ,5 5 4
T e r r e H a u t e E l ’c . R y . A p r i l ............ 1 1 ,5 2 1
5 8 4 .5 4 1
5 6 7 , -1 7
T h i r d A v e . ( N . Y .)
M a r c h .........
3 8 0 ,1 2 3
3 8 0 ,2 0 8
6 2 .4 6 2 8 3 ,0 1 5
T o r o n t o R y . ................ M a y .............
6 1 9 ,5H 6
6 0 3 ,1 8 3
T w i n C i t y R a p . T r a n A p r i l ............ 1 5 3 ,8 1 1 1 6 1 0 7 0
8 2 ,7 9 7
8 2 ,3 7 6
M a y .............. 1 8 , 1 5 9 1 9 , 9 6 6
U n io n (N . B e d f o r d ) .
5 2 4 ,6 4 0
5 1 2 ,5 1 3
U n ite d T r a c t. (P ro v
A p r i l ........... 1 3 4 , 0 1 4 1 3 7 , 0 4 5
6 9 ,6 9 8
6 5 .7 3 4
1 9 ,4 8 0
U n i t . T r a o . ( R e a d i n g ) M a y .............. 1 8 . 2 0 3
1 9 ,4 3 5
1 9 ,2 0 8
4 ,8 8 1
5 .5 8 5
W a k e l i e i d & s t o n e . .. M a y ..............
9
4 ,6 5 4
9 4 ,9 5 8
W a t e r b u r y T r a c t i o n . M a y .............. 2 2 , 4 1 3 2 0 , 2 ^ 4
1 3 ,6 1 0
1 6 ,1 8 0
6 2 .6 1 1
6 6 .9 4 1
M a y ..............
W h e e lin g R a ilw a y .
1 9 3 ,3 .1 0
1 8 8 ,6 6 7
W i l k e s b . A W y . V a l le y M a y .............. 4 1 , 3 0 1 4 3 6 2 5

........

* I n c lu d e s r e s u lts o n N o rth S id e T r a c tio n C o m p a n y , w h ic h w a s le a s e d
F e b r u a r y , 1 8 9 7 to th e S e c o n d A v e . T r a c tio n C o.

Street Railway Net Earnings.—The following table gives
the returns of S t r e e t railway gross and net earniagi received
this week. In reporting these net earnings for chs street rail­
ways, we adopt the same plan as thit for the steam roads—
that is, we print each week all the returns received that
week, but once a month (on the third or the fourth Saturday)
we bring together all the roads furnishing returns, and the
latest statement of this kind will be found in the C h r o n i c l e
of June 19, 1897. The next will appear in the issue of July
24, 1897.
<------G ro ss E a r n i n g s .------*<------ N e t E a r n i n g s . ------1897.
1896.
1897.
1896
*
9
9
8
R oads.
3 ,5 6 5
4 ,4 0 5
9 .8 7 5
9 ,4 7 8
A k r o n B e d . <fe 0 1 e v . . . M a y
6 ,0 6 9
3 1 ,8 0 3
3 2 ,8 9 7
J a n . 1 to M ay 3 1 . . . .
6 .1 0 6
4 ,7 7 3
1 2 ,7 2 5
1 2 ,0 6 5
B in g h a m t o n S t. R y ..M a y
1 1 ,4 2 5
6 ,4 0 3
2 6 ,6 9 3
2 6 .7 8 4
B r o c k t o n C o n .S t.B y . M a y
4 3 ,0 j 8
3 1 ,0 7 9
11*2, 4 3 0
1 2 1 ,4 1 1
J a n . 1 t o M a y 3 1 .........
4 ,2 4 3
. . . . __
7 ,5 6 2
C l e v . P a l n e s v . & E ___ M a y
1 1 ,9 4 6
2 8 ,1 2 5
.... ...
J a n . 1 t o M a y 3 1 .........
2 5 ,2 1 1
2 7 .2 7 2
6 2 ,7 1 3
6 2 .2 4 3
D e n v e r C o n . T r a m w .. M a y
1 0 9 ,9 6 0
1 1 6 ,0 3 3
2 1 4 ,8 i l
2 7 6 ,5 6 3
J a n . 1 to M a y 3 1 . ..
H e r k im e r M o h a w k I llo n
1 ,9 7 0
1 ,4 7 3
3 ,S 0 3
3 ,4 4 7
<fe F r a n k . E l . R y . . . M a y
1 7 ,0 5 4
1 4 ,9 9 9
3 6 ,6 5 1
3 6 ,8 6 5
L o w e l l L a w r ’o e & LI.. M a y
4 9 ,6 8 1
5 5 ,2 6 6
1 4 7 ,0 3 9
1 5 1 ,3 1 6
J a n . 1 t o M a y 3 1 .........
2 3 ,3 3 6
6 4 ,4 9 8
M e t r o . W .S id e E l ., O h i o . M a y
9 2 ,9 6 7
2 1 1 ,8 2 6
M a r . 1 t o M a y 3 1 .........
7 6 ,8 1 9
8 4 ,5 5 0
1 6 0 ,3 48
M e t r o p 'n 9 t . R y . ,K .O .M a y
1 6 5 ,0 7 1
2 7 5 ,1 7 2
6 9 2 ,0 1 2
2 9 6 ,5 3 6
6 9 1 ,9 2 3
J a n . 1 t o M a y 3 1 .........
7 4 7 ,6 6 1
7 7 1 ,2 0 6
J u n e 1 t o M a y 3 1 ......... 1 , 7 7 4 , 8 9 2 1 , 7 8 3 , 4 7 9

%

%

*

»

1221

-------G r o s s E a r n i n g s . ------ . ------Net E a r n i n g s . ------- 1897.
1896.
1897.
1896.
$
$
$
9
3 ,7 3 3
4 ,7 3 6
997
1 ,6 9 5
1 1 ,7 4 9
1 5 ,3 6 5
2 ,0 1 5
2 ,8 4 1
N ew O rle a n s T r a c t . M ay
1 2 1 ,4 0 8
1 2 5 ,6 9 9
4 2 .6 2 7
5 5 ,2 5 8
J a n . 1 t o M a y 3 1 .........
5 4 3 ,0 8 4
5 6 3 ,1 6 6
1 9 1 .1 7 4
2 5 6 ,6 5 7
P a te r s o n R a il w a y .... M a y
3 2 ,2 1 7
3 2 ,8 5 6
1 6 ,5 6 7
1 4 ,9 7 8
1 2 7 ,4 5 2
J a n . 1 t o M a y 3 1 .........
1 2 7 ,7 8 8
5 4 ,9 7 6
5 3 ,2 2 5
P i t t s . F r .& S u b . E l. R y . M a y
3 ,1 4 1
1 ,3 1 9
2 ,0 4 0
607
J a n . 1 t o M a y 3 1 ..........
1 3 ,6 3 0
6 ,7 5 4
8 ,6 9 2
3 ,1 5 0
W U k e s b .d c W y .V y .T r . M a y
4 1 ,3 0 1
4 3 ,6 2 5
2 3 .8 4 4
2 3 ,0 9 1
J a n . 1 t o M a y 3 1 .........
1 8 8 ,6 6 7
1 9 3 ,3 3 0
1 0 0 ,4 7 4
1 0 0 ,0 7 4
R oads.
N e w L o n d o n 8 t . R y ..M a y
J a n . 1 t o M a y 3 1 .........

Interest Charge- and Snrplu9.—The follow ing S trbet
railw ays, in addition to th e ir gross and n e t earn in g s given in
the foregoing, also re p o rt charges fo r in te re st, & c., w ith th e
surplus or deficit above o r below those charges.
R oads.
D e n v e r C o n . T r a m w .M a y
J a n . 1 t o M a y 3 1 .........

— I n t e r ' t , r e n t a l s , c6c.-% — B
1897.
1896.
$
$
1 8 ,7 9 7
1 7 ,8 7 8
9 2 .8 7 2
8 9 .3 0 6

a l . o f N e t E a r n s .- * .
1897.
1896.
$
8 ,4 7 5
7 ,3 3 3
2 3 ,1 6 3
2 0 ,6 5 4

$

ANNUAL REPORTS.
Annual Reports.—The following is an index to all annual
reports of steam railroads, street railways and miscellaneous
companies which have been published since the last editions
o f th e I n v e s t o r s ’ a n d S t r e e t R a il w a y S u p p l e m e n t s .
T h i s i n d e x d o e s n o t i n c l u d e rep o rts in to-d ay ’s CHRONICLE.

R ailroads

and

Mis c e l . Co ’s.

V o ltt m e 6 4 —

P age.

A ll e g h e n y V a 'l e y .....................................1178
A m e r ic a n B e ll T e l e p h o n e ................. 797
A m e r i c a n T b a c c o ....................................949
B u r l in g t o n C e d a r R a p . & N o ............ 9*7
C a n a d a S o u t h e r n ..................................... 1086
C a n a d ia n P a c it i c ........................
752
C e n t r a l P a c ific ............................. 884. 89?
C h ic a g o B u r l .& Q u i n c y ___73:1, 752, 756
C o le . R u c k Isl. & P a c . . .1 0 8 9 ,1 0 8 5 , 1090
C h ic a g o & W e s t e r n I n d i a n a ..............108 >
C h ic a g o & N o r th W e s t e r n .................. 1083
C h ic a g o & W e s t M ic h ig a n ................ 9*8
C h ic a g o E d is o n Co ......................
998
C in c in n a ti & M u s k in g u m V a l le y . .. 997
C le v e la n d & M a r i e t t a ............................1086
C o n s o lid a te d I c e .......................................1179
E le c tr ic S to r a g e B a t t e r y .................... 811
E r ie T e le g r a p h & e le p . 887, 900, 950
F l i n t & P e r e M a r q u e t t e ..................... 796
F o r t W o r t h A D e n v e r C i ty ................ 1136
G e n e r a l E l e c tr ic C o ......................841, 818
G e o r g ia & A la b a m a ............................. 948
G r a n d R a p id s & I n d i a n a . .................. 1086

I Railroad

and Misoel . Co ’s ( O o n .y
V o lu m e 6 4 —
P age.
K e o k u k & W e s t e r n ................................. 1087
L a k e S h o r e ................................................ 885
L a m s o n C o n s o l. S t o r e S e r v ic e . . . 1067
M a h o n in g C o al R R ................................. 885
M e x ic a n C e n t r a l .................... 3 2 7 ,8 3 9 , 845
M ic h ig a n C e n t r a l ................................... 885
M o n o n g a b e la R i v e r ......................... 949. 998
N e w E n g l a n d T e l e g . & T e l e p .......... 949
N ew Y o rk C h ic a g o & S t. L o u i s .. 886
N o r th A m e r i c a n C o ................................1179
O h io R i v e r ................................................... 997
O re g o n S h o r t L i n e R R ............................841
P a c if ic M a il S t e a m s h i p ........................1040
P e o r i a D e c a tu r & E v a n s v il l e .......... 1039
P h i la d e l p h ia C o m p a n y i G a s ) .......... 999
P i t t . C in . C h ic . & S t L .......775, 796, 801
1 S t. J o s e p h & G r a n d I s l a n d ...................811
! S o u t h e r n C o t to n O i l ....................
1179
1 S o u t h e r n P a c if ic ................................871, ^ 9
i S u n d a y C r e e k C o a l................................. 7y7
U n io n P a c i f i c .......................
840
U n i t e d S t a t e s R u b b e r ........................ 998
W il m in g t o n & N o r t h e r n ............... 949, 998

Lake Erie & Western Railroad.
('Report for the year ending December Sly 1896.J
President Calvin S. Brice says in part :
G e n e r a l R e s u l ts .— “ W h ile th e o p e r a t i o n s o f t h e c o m p a n y f o r t h e y e a r
p a s t h a v e b e e n u n s a tis f a c to r y , o w in g to c o n d itio n s w h ic h a r e v e ry
g e n e r a l l y u n d e r s t o o d a n d a c k n o w l e d g e d , t h e p r o p e r t y o f t* e c o m p a n y
h a s b e e n fu lly m a in ta in e d , a n d w h ile t h e u s u a l e x p e n d itu r e s f o r im ­
p r o v e m e n ts p e r m a n e n t w a y , e tc ., w ill h a v e to b e m e t d u r in g th e
c o m in g y e a r , t h e s e c o n d m o r t g a g e b o n d s r e m a in i n g in t h e t r e a s u r y
w i l l f u r o r li s u c h s u m s a s m a y b e n e c e s s a r y i n c a s e t h e i n c r e a s e d
e a r n in g s h o p e d fo r th r o u g h a r e v iv a l o f b u s in e s s b e n o t r e a liz e d .”
B o n d s s o l d . —“ S e c o n d m o r t g a g e b o n d s t o t h e a m o u n t o f # 5 0 0 , 0 0 0
w e r e s o l d f r o m t h e o o m p a n > ’s t r e a s u r y , t h e p r o c e e d s b e i n g r e q u i r e d
f o r > h e e x t r a o r d i n a r y i m p r o v e m e n t s t o t h e c o m p a n y ’s r o a d a n d e q u i p ­
m e n t , p r o v id i n g a i r b r a k e s a n d a u t o m a t i c c o u p le r s , in c o m p lia n c e
w ith th e I n te r -S ta te C o m m e rc e la w , a n d fo r th e g e n e ra l p u rp o s e s o f th e
c o m p a n y .”
E a r n in g s .— T h e g ro s s e a rn in g s fo r th e y e a r s u ffe re d a d e c re a s e of
$ 1 4 .8 3 0 , d u e e n tir e ly to th e p r e v a l e n t d e p r e s s e d c o n d itio n o f th e
t r a n s p o r t a ti o n b u s in e s s .
T he n e t e a rn in g s s h o w a c o rr e s p o n d in g d e ­
c re a s e o f
5 ,9 4 5 , a n d th e s u r p lu s , a f t e r p a y in g c h a rg e s a n d d iv i­
d e n d s . d e c r e a s e d # 1 7 4 ,7 8 5 .
G u a r a n te e d In te r e s t P a y m e n t — A fte r d e d u c tin g d iv id e n d s o f 5 p e r
c e n t u p o n th e p r e f e r r e d s to c k , th e r e w a s le f a s u rp lu s o f # i3 4 ,3 8 9 ,
f r o m w h i c h # i 2 5 ,O o O w a s a d v a n c e d t » t h e N o r t h e r n O h i o R d t w a y , o n
a c c o u n t of in te r e s t o n th e b o n d s g u a ra n te e d , le a v in g a n e t s u rp lu s fo r
t h e y e a r o f # 4 ,3 8 9 . T h is p a y m e n t o f g u a r a n t e e d i n t e r e s t w ill c o n s ti ­
t u t e a c h a r g e a g a i n s t t h e f u t u r e e a r n i n g s o f t h e N o r t h e r n O h io .
N o W o rk o n N o r ln e r n O h io E x te n s io n . —“ I t h a s n o t b e e n th o u g h t
r o p e r t o n a k e a n y e x p e n d i t u r e o n a c c o u n t o f t h e c o m p l e t i >n o f t h e
'o n h e r n O h io io N ew C a s tle , d u r i n g t h e c o n d it i o n s w h ic h p r e v a i le d
in t h e fis c a l y e a r 1 8 9 6 , a n d n e g o t i a t i o n s n o w p e n d i n g m a y m a k e s u c h
e x te n s io n u n n e c e s s a r y .”
M a in te n a n c e .— T h e G e n e r a l M a n a g e r r e p o r t s t h a t t h e c o n d itio n o f
t h e t r a c k , p e r m a n e n t w a y , e c ., w a s w *11 c a r e d f o r . A m o n g o t h e r
i m p r o v e m e n t s , 2 6 9 m ile s o f n e w t i d i n g s w e r e b u i lt , 2 6 3 ,3 9 2 n e w
c r o s s - ti * s p u t i n , 1 3 4 m i l e s o f s t a n d a r d w i r e f e n c e b u i l t a n d 1 2 6 m i l e s
re p a ire d
I m p r o v e m e n ts R e c o m m e n d e d ” I n a d d it i o n to t h e r e g u l a r i n a i a 'e n a n c e o f tr a c k , a b »ut 1 0 J m ile s o f th e m a in lin e i u I llin o is s h o u ld b e
g r a v e l b a lla s te d th is y e a r (1 3 9 7 ) a n d a n e x p e n d it u r e o f a b o u t # 8 9 ,0 0 )
m a d e In lie r e p l a c e m e n t o f p ile a n n t r e s t l e o p e n in g s , w ith s to n e
a rc h e s , s te e l g ir d e r s a n rl p e r m a n e u t e m b a n k m e n t. A b o u t f o r ty m ile s
o f lig h t ra il s h o u ld b e re p la c e d w ith 7 5 * u o u n d s te e l.”
T r u f f l e .— O f t h e t o t a l t o n s m o v e d i n 1 8 9 3 , g r a i n f u r n i s h e d 2 1 p e r
c e n t, c o a l a n d c o k e 17, lu m b e r , e tc ., 1 1 , s to n e , e tc ., 5 ; m a n u f a c :u r e s ,
( io c u d iu g p e tr o l e u m , i r o n , c e m e n t , e tc .,) 2 6 , a n d m e r c h a n d is e a n d
m is c e lla n e o u s , 2 0 p e r c e u t.

S

/Statistics.—For purposes of comparison the statements
below have been compiled:
O PER A TIO N S AND FISC A L R E SU LT S.
1894.
1893.
1895.
1896.
725
725
725
725
M il e s o p e r . D e c . 3 1 .
O p e r a io n s —
1 ,2 5 3 ,2 3 7
1 ,4 0 4 .6 8 5
1 ,3 1 6 ,2 3 2
1 ,3 3 7 ,0 0 8
P a s s e n g e r s c a rr ie d .
P assenger mileage . 3 5 , 1 1 1 , 8 5 6 3 6 , 3 5 0 , 5 5 5 3 2 , 8 7 7 , 0 7 9 3 9 , 6 0 9 , 5 0 0
2 4 6 c ts .
2 -3 2 c ts
2 -o 2 c t s .
2 4 3 c ts .
R a te p e r p ass. p. m .
2 , 1 1 6 . 3 39
2 ,1 5 5 ,7 3 0
l ,8 8 9 ,4 L l
F i’g h t (tons) m oved. 2 , 1 3 3 , 9 6 2
F r ’g h t ( t o n s ) m t l ’g e . 3 4 5 , / 0 2 , 9 7 6 3 3 5 , 9 8 7 , 3 3 7 3 3 1 , 4 3 7 , 5 2 7 3 0 1 , 7 6 2 . 0 8 5
0*661 c t s .
0*631 c ts .
0 * 7 0 4 c ts .
A v i a t e p. t o u p . m . 0 * 6 1 8 c ts .
#
$
$
E a r n in g s —
#
8 8 3 ,6 4 2
8 2 3 ,1 2 3
9 4 6 ,2 1
P a s s e n g e r ....................
8 3 1 .5 4 8
2 ,2 2 2 ,5 1 7
2 , 0 9 2 ,9 6 3
2 ,1 2 3 ,4 7 4
F r e i g h t .........................
2 ,1 3 6 ,5 9 0
4 i2 ,9 4 5
4 2 9 ,3 1 7
4 4 2 ,9 2 9
M a i l , e x p r e s s , * & c.. .
3 7 6 ,1 3 5
T o ta l e a r n in g s ..

3 ,3 4 4 ,2 7 3

3 ,5 1 9 ,1 0 4

3 ,3 4 5 ,4 0 3

3 ,5 1 7 ,0 2 1

122:

THE CHRONICLE.
1994,

tie s .

1893.
»
3 8 8 ,3 9 4
2 0 3 1123
1 ,1 0 9 ,8 8 7

$
S » 3 ,? 4 ?
3 S 4 - .6 2 9
3 ,0 7 4 ,1 4 - *

3 4 4 ,0 0 ®

w Df
fW!*V

w iisO S t
445*1155
2 ,1 $ 0 * 4 3 0
t..,,

1 ,3 0 9 ,6 7 4
1 ,1 0 4 ,0 9 7
jx’t ’OM E A Q W B W T t
1896.
l» 9 6 .

4 3 0 .4 8 2

4 1 2 ,0 2 3

2 ,0 0 8 ,5 0 1
1 ,2 5 1 ,9 0 2

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

189*.

18B3.

#:f

flBiUgf . . . . . . . .

1.199,097

1,363,67*

1.251,802

1.251,381

455,333

444,972

pi-ist* -Usck .,
4 ir } 4 » a 4 ,...

475.704
125,000
592,0«0
tip. O1

467,501

!H‘.

592,000
O P o)

592,000
O P O.)

592,000
(5 P- 0.)

1.017,333
1,059,500
1,188,703
204,569
309,174
9,359
h a u x c e sriKKr jiKCEMnsa si.
1895.
1896.

1.036,972
221,409

......... ___

8

......

1894,

$

$

K,-a.' e ra ii it in re tt . . . . . . . . . . . . . 3-1,0"3.582 3 3 ,5 7 2 ,5 8 2 33,572.582
64,-43
6 0 ,2 4 0
M - . F1 » | . or h a n d ...................
137.2 50
1,732.376
1,73 <76
BuwW* end bond* o w n e d ............. *i,■232,37s

XaklP--*F« . . . . . . . . . . . . . . . . . . . . . • . . . . • ...
W m it*»m *g«tntn a n d m U ro M a..
Aecoiiwi*
Bi t* rv
. . .......... ....
So. Ohio snap*.* eU5«i I o a A ..« . . .
.hkrtkii^m to o th er ra ilro a d * ........
.i*i
....
r«* h ______ . . . . . . . . . . . . . . . . . . . .
T o ta l

20,407

26.967
1>3.231
36,161
452,883
234,623
3<»6,^93
26,o22
789,128

3 7 ,4 9 6 ,5 3 0

20,750

2 3 1 ,3 1 2
2 3 ,9 6 0
3 2 7 .0 0 9
5 8 9 .9 <7
2 9 3 .4 0 0
23 5 3 1
4 9 5 ,6 5 4
3 7 ,3 7 6 ,4 5 9

121,8>9
12?,859

1 7 2 ,6 4 5
2 . 7 13
5 8 7 ,9 9 0

3 6 ,3 9 8 ,5 1 7

O iplt** A t o v k . . . . . . . 2 3 ,6 8 0 ,0 0 0 2 3 .6 8 0 .0 0 0 2 3 ,6 * 0 .0 0 0
B o e d . d r b r t ^ I « v c st o r b *8 0 p p .) 10,375,• 0 0 1 0 .8 7 5 .0 0 0 10 ,8 7 5 ,0 0 0
2 9 2 ,5 0 0
2 4 2 ,5 0 0
Pn:*eerd* •*( 24 sn o rt. Load® s o ld .
5 4 8 ,1 3 4
2 3 0 ,9 5 8
2 3 6 ,4 7 5
A>' rued Sat*' * i t . . . . . . . . . . . . . . . . . .
2 3 9 ,7 8 3
7 8 ,8 5 4
1 1 2 ,3 2 0
A M oubt* I** raW e..* ___ . . . . . . . . . .
1 4 5 ,1 4 0
3 0 0 .0 0 0
BI.U* r>:tf«t*ie ........................
4 5 0 ,0 0 0
9 0 ,0 3 9
1 0 1, ’ 7 4
....................
9 1,94 2
1 4 8 ,0 0 0
1 1 8 .0 0 0
PtTldif'tkde p
...
1 4 8 ,0 0 0
5 5 2 ,1 3 4
No. Ohio u n p ro v 't, etc,, acco u n t.
213,214
10.0 7 5
2 4 .2 6 0
. ..... . . . . . . . . . . . . . .
4 2 ,3 3 2
9 9 3 ,0 4 0
1 ,0 5 5 ,5 4 0
o v e r Iw M d M tii...
1 ,0 6 4 ,9 3 5

To Lai h a b i.P ic s ......................... 37,493,630 37,376,459

36,398,517

* Of tbis *m ount $1,025,000 is second m ortgage b ja d s tn tre a s u ry .—

V# 6i, p. 371.

Jacksonville Tampa & Key West By.
' lief tori fo r the year ending M arch 31, 1S97.J
Receiver J -sepb H . D urkee says in p a rt :
6c«™ i
.it,-—The grn«* earnings of the entire property for the
rear f-o<im.» Uax-h 31«t. 1-97, were .$3 *0,834, the expenses 8 187,319.
•bewSuK net «*a-uluzs 4iS.9ti*. rile gros* earning, for 1891 were
$3l7,'27i-. it,„
e. ^ *7_!,945. making a dell lit of $->,667. Wuile
the umie,; t-r o'oii v has been eafuroed in all departments, ao hi ig
ha* b-«-u - ft nn.lotir iu !ii;>i-.t«na c*» of way, structures or equipm-ttt
which >.»n required io keep the property In gno.l phyaoalemliltnin, 'the tool,
trestle., bridge*, eogines ana <*qllpmeat
ire now in n-. t o i l cnadltmo, tf nor batter, than at any time tiuoe your
re elv e r took pon.-toealon of the same.
Riijht ‘if W ay in Jacksonville, —It appears th a t there is no
rev irti in rue U®;,Overs office, or in th e office of th e C ounty
Clerk of Dm- ,t C ounty, show ing a conveyance of th e rig h t of
way through certain 1antis ly in g In th e city of Jacksonville
tbrnugn w hich the lino of th e road runs. The title to these
'.ami. iippours of record to be in th e S av an n ah Florida &
W estern Bail way Com pany, The R eceiver can n o t find th a t
any nrrangem ent was ever consum m ated w ith th a t com pany
for any of tins rig h t of w ay. The Jacksonville Tam pa & Key
W m ini,, how ever, occupied a n d m ain tain ed th is rig h t of
way since the construction of the road, a n d is no w in posses­
sion of trie sam e. Tne S av an n ah F lo rid a & W estern has
recently perfected a lease of th e lands, em bracing th e rig h t
of way in .( i. stion, fa r ninety-nine years, to th e Jacksonville
Terrain. 11 Company, w ithout notice to the Jacksonville Tam pa
.‘c K<-v W . T h i s rigliv of way extends in a southw esterly
direction l,M i feet.
There are th ree sidings, cro sso v e r
track,
m aking a total track ag e of 6,0111 feet.
f t w i r r > CerKfiaates. —Oertiflcatea for $25,000 w ere a u ­
thor) z J in J uy, IfiiW, to p ty taxes,
t’he in te re st on
ree-iver . certificates h t< been prom ptly paid on due dates,
hder, I).-fa at t eel, —D urin g th e y ear in te re st was n o t paid
upon h o o d -o f tb« ootw tituent com panies, viz.: Jacksonville
Tampa & Key W. at, Sanford & Lake Bustis and A tlantic
C iic t Sr,
& Indian River. T here a re si ill o u tstan d in g
l-VDo . j t , p o . - n t tru st bonds, series “ B .” These bonds bedue, H ,000oo May 1 an d $i,000 on N ovem ber 1.
Pi oii. il/ ■The reo-iver on ila ro n 3 i, 1807, reports cash on
*3 'if i and cash avBets (excluding aupuliea) $18,623;
n ha .ilHn-* (pay rolls, vouchers, etc.), $31,403 ; receivr'ific .t, a utatanding, $141,300,
Tf 'j?i<-—th " following table show s the am o u n t of business
■l and na-ure of th e freiglit moved:
!° " r 1806-7.
1895-0
..................
100,108
'« « « t - t r m ils................
8,303,113
>«r«>u> irerH>-ie.r»a u ...............................
-3 30
* . treln loafl. to n * ......................................
39 0

07,160
6,365,210
2-17
47 6

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

72,774
4,303, U 5
2 63

• tr a in .,.,,.

1M0,

2-77

26

20

[ t OL, U I P ,

Statistics,- -The earn in g s aud ch arg es fo r th re e y ears have
b re n :
T ear eiut ilferreA 31—

ClrCasearnings .........

O p a r i u t u g e x p e n s e s ____

287,320

1396.
$
317,278
322,945

1895.
8
668,782
468.354

759

d rf. 5,067
95 4

200,428
1,778

19,727

dof. 4,713

202,200

132,960

132,900
12,325

132,960
25,783
4,304
( 27,418
’ 23,013
( 16,153

1887.
$

N e t iw m iik s .
O th e r in c o m e . . .

N et in co m e.................. .
Deduct-*In te re s t on firsts, acornefi $.
E quipm ent t use p ay m en ts \\
I n te re s t, d iscount, e t c .. . . . .

Taxes.

-

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

Ov'aronarg'as, refunded.

E x t r a o r d i n a r y , e t c . . . . ___ _

T o ta l.....................
B alance, deiictt.

10.186
21.074
1 2 ,1 1 1
•2.578

?
s

180.R63
181,130

27.414
172,729
177,412

230,271
23.085

T Nora,—In 1898-7 none of the accrued interest on treats hare shown
was pant and In previous years only p in tv is p fit. Bun*mneat notes
for $ -,0 .0 fell due i n 1896 but ware not paid.—V , 64, p 88 i .

Wcstittgkouse Eleetric

Sc

MaonfaeSttrlng Co.

( R ep o rt fo r the ye a r e n d in g M arch S I, 1897.)
The P re sid e n t’s re p o rt w as p resen ted a t th e a n n u ij m e lt­
in g of stockholders held in P ittsb u rg o n W ednesday. I'he
rep o rt covers a period of tw o y ears as, on acco u n t of th e
rem oval of th e shops to E u st P ittsb u rg , no figures w ere g iven
o u t last year.
Of th e $•‘1,000,000 n e w stock a u th o rized in Ju n e , 1896, $3,000,000 w as sold to the S?curiti«s In v e stm e n t O i of P ittsb u rg
for $3,489,000, of w hich $1,380,000 was cash, $333,030 patents,
etc , a n d th e balance notes, of w hich $300,000 ha* oeen oaid,
$3 10,000 w ill be due Ju ly 5; 1898, a n d $300,000 J u 'y 5. 1899.
U u d ar th e co n tra c t tvirh G eneral E lectric for pooling
p aten ts m ade in March, 1896, th e eo m p aa y b ought fo r $316,603 the Tesla p atea-s for m ultiphase c u rre n t nao nrs, an d both
com panies w ilt m ake t h e n ; also bought fo r $73,23' th e e n tire
stock ($118 000) o f the R, D. N u 'ta l Go.; a n d for S53 S 10 p u r­
chased 13,433 shares (out of 20,000 shares) of E lectro-M ag­
n etic Trac ion stock.
The w isdom of th e deal w ith G sn eral E lectric has been
fu lly established. P a te n ts of th e com pany a re e irrre d a t $4,689,080, o r lass th a n 3 7 ^ per c e n t of th e ag g reg ate book value
of th e p atents of both com panies. The com bined o m o a n ie s
have control of th e pow er transm ission a p p a ra tu s used in
th is c o u n try ,
E a r n in g s .—No figures of earn in g s are given, b u t th e s ta te ­
m e n t is m ade th a t in sp ite of business depression a n d th e
heavy ch arg es for rem oval, m aking new p a tte rn s, etc., e a rn ­
ings (for th e tw o years) have exceeded th e a m o u n t re q u ire d
for div id en d s on th e p referred stock,
General B alance Sheet.—Stocks, bonds a n d p roperties a p ­
p ear on th e nooks at c >so. I n tw o y ears th e su rp lu s acco u n t
h as been reduced by $1,677,736 w ritte n oil for depr oiation,
bad debts, ere. The balance sh eet of M arch 81, 1897, co m ­
p a rts w ith 1895 an d 1894 as follow s :
1897.
1895.
1804.
Assets—
S
$
*
330,194
*202,890
325,695
Oiiali iu bank ..........................
Bill* rvoetv ble .........................
43.207
80,133
373 4-16
A ccounts re c e iv a b le ........................ 1,604,547
2.146,131
2,345.181
Materials .......................
1,636,6122,1*0,2271,515,472
Advam-es to leased companies.,
569,767
lt9,5-i8
109.125
B in d s ............ ............................ 1.352,655
811,271
337,397
Stoots
........................
4,012,2241,092,5193,>88,992
Real estate.................................
4 5 V 16
404,443
464,403
New factory, less mortgages ...
906,443
6'2.450
Machinery ................. i . . ........ . 1,479,153
1,159,44}
880,453
Miscellaneous ....................... .
280,806
70,294
66,339
Patents, franchises, etc................ 4,8*9,08L 4,40i,r94
4.379,831
T o ta l

............................................ 1 7 ,9 6 5 ,2 9 5

L ia b ilities—
O l d c o n m o a s t o c k .........................

1 6 ,3 1 4 ,2 1 1

1 4 ,7 * 2 ,3 1 4

1 4 6,700)
8,195,120 1 9 ,3 2 9 ,9 1 6

9 ,0 1 6 ,5 9 8

A ssen tin g sto c k ......... .........
1st pre erred i p. o., oum ill..
3,'996!053)
A ccounts p a y a b le ...........................
484,534
B ills p a y a b le ...................

1 ,6 0 8 ,6 5 8

Co a tracts and cert! Ued liabilities l , 134,580
Surplus........ ............................... 2,401,664
T o t a l ......................................................... 1 7 , 9 0 5 , 2 9 5

- 7 . 63, p. 31.

3 ,9 7 9 ,4 0 0

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

1 6 ,3 1 4 ,2 1 1

1 4 ,7 2 2 ,3 1 4

403,018

1,814,222
957,645

Electric Storage Battery Company.
f R eport fo r the year ending Dec. 81,1896. J
This com pany was organized in 1895, Tne rep >rt for th e
second y ear of th e com pany’s existence has been su b m itted to
the stockholders.
President Ira a e L. Rioe s iy s in p a r t :
G e n e ra l R e s u lts .—T h e b u s in e s s o f t h e c o m p a n y in l a 9 6 , a lth o u g h
M m - w h a t d i s a p p o i n t i n g c o n s id e r e d f r o m t h e p o in t, o f v i e w o f a c t u a l
r e s u l t* , i n a s u u e h a s I h o s u r p l u s e a r n i n g s W iv e d o t s n O im o n t to w a r ­
r a n t a - i e c l a r a i n v . o f ,, D i v i d e n d , I s e n c o u r a g i n g i i i r
ie i- 'H * . T h u s ,
W 'li le i n t h e m o u t h o f J a n u a r y , c l o s - l y f o l l o w i n g t h e V e n e z u e l a n
p a n ic , th e to ta l a m o u n t o f o x te r s re c e iv e d w a s o u lv * v 0 9 t h e s ix
m o n t h s f r o m F e b r u a r y 1 s t to A u g u s t, 1 s t a v e r a g e d a p p r o x i m a t e l y
if9 0 , 0 :0 p „ r m o n t h . T h e e l- e t k m p m lo . h o w e v e r , e f f e c t u a l y c h e c k e d
b u s in e s s t h e fiv e r e m a in i n g m o n th - o f t h e y e a r , s h o w in g a n a v e r a g e o f
a p p r o s i r n a t o ly o n ly $ 2 0 ,0 0
p e r m o u th .
B u t u o i w t t b s t a u d l ig t h a t
l l m u i i 'i u l a n d b a s i c c s s G o o d It h u l s l a g e n e r a l h a v e n u t m a t e r i a l l y
c h a n g e d n io c e t h e e n d o f l a s t y e a r , t h e tir s l liv e m o n th s o f th * c u r r e n t
y e a r s h o w a n a v e r a g e o f b u s i n e s s s fto tiru d o f a p p r o x i m a t e l y 4 8 0 ,0 0 0
p e r m o n th , a s a g a i n s t * 2 0 ,0 0 0 p e r m o n th o f t h e l a s t f iv e m o u th s o f t h e
p a s t j e a r.

merchandise furnished
“ I t is a p p a re n t from th e general n atu re of installations
building material, 10 per m ade by th e com pany th a t to e field for storage batteries is
per cent; fertil zers, 514 p e r c a n t ; practically u n lim ited .”
laneotu, 21 p e r a n t, and a ll
C apital stock is $8;SQQ,000 of com m on an d $5,000,000 of
p n ft-rred.

J tjne 26, ls97,J

THE CHRONICLE

E a r n in g s .— E a rn iD g s and charges for the late year compare
w i t h p r e v io u s year a s follows :
Y e a r e n d in g Dec. 3 1 —
18 9 6 .
G ross sa le s
............. .................................................$ 6 4 6 ,3 1 9
In com e o u tsid e of m in u f-icc u r in g . . . . . . . . .
6,8 0 1

1895.
$ 3 2 8 ,2 3 1
2 21s

1223

Annapolis Washington & Baltimore R R .— Baltimore &

Annapolis Short Line R B . — To B e O perated U nder One
M a n a g e m e n t. — Control of the Short Line has been obtained

by the owners of the Annapolis Washington & Baltimore
road through the purchase of the stock and bonds of the
$ 3 3 0 ,4 4 9 Short Line, and the lines will be operated under one manage­
T o ta l in co m e.......................
$ 6 5 3 ,1 2 0
M anufacturing c o s t....................................................... $ 3 6 2 ,1 4 2
$ 2 4 7 ,9 3 9 ment. Both roads run to Annapolis and were competitors
G eneral expe» se s and ta x e s ................................... 1 4 2 ,1 7 8 )
for businets to that city.
7 9 ,5 2 3
In te r e s t on bon d3..............................................................
1 3 ,7 3 8 £
A tlantic Coast Electric RR .— Asbnry Park & Belmar
T o ta l e x p e n s e s ....................................................... $ 5 1 8 ,0 5 8
$ 3 2 7 ,4 6 7
Stre-t Ky.— S a te o f A s b u r y P a r k L in e .— The Asbury Park
N e t p r o f i t ......................................................................... $ 1 3 5 ,0 6 2
$ 2 ,9 8 2 & Belmar Street Railway has passed into the hands of the
Gross sales for 1896 have increased 96 90 per cent, while the Atlantic Coast Electric RR. of Long Branch, which company
manufacturing charges have only increased 46’06 per cent. will shortly begin running its cars over the newly acquired
The percentage of manufacturing cost to total output for 1895 road, giving a continuous line from Pleasure Bay to Belmar.
was 75 54 per cent, while for 1896 it was 56 03 per cent.
The company proposes to extend the lines as far south as
U p to tne 31st of December, 1896, there had been expended Point Pleasant,— V . 63, p. 153 ; V . 61, p. 1013.
in various demonstrations and applications of the use of stor­
Baltimore & Ohio RR .— S . M . F e lto n In s p e c tin g th e S y s ­
age battery, the sum of $41,408 75 charged off to profit and
loss. Expenses of this character are not likely to recur, as it te m . — S. M. Felton, President and Receiver of the Queen &
is no longer necessary to demonstrate the value of the com­ Crescent Railway system, left Baltimore on Monday on a
special train, accompanied by several prominent officials of
pany’s product experimentally.— V . 62, p, 1038.
the B. & O ., for a tour of inspection of the entire Baltimore &
William Cramp & Sons’ Slilp & Engine Bailding Co. Ohio system, in the interest, it is said, of J. P. Morgan & Co.
and other large bondholders. The main purpose of the trip,
( S ta te m e n t f o r y e a r e n d in g A p r i l 30, 1897,)
which is to last about ten days, is to make a thorough exam­
This company reports gross income for the year of $4,500,- ination of the property, with a view of discovering whether
0 0 0 , from which was realized a profit on labor and material the large expenditures made and contemplated in renewals
of $770,000; deducting $340,000 for general expenses, repairs, and improvements are necessary and j udioious.— V , 64, p. 1087.
salaries, interest, taxes, insurance, new machinery, etc.,
Baltimore & Ohio Southwestern Ry.— E x te n s io n o f O hio <fe
leaves a profit for the year of $430,000, equal to 8 86 per cent
on its $4,848,000 capital stock as a result of the year’s opera­ M ississip p i F ir s ts .— Arrangements have been made to extend
the Ohio & Mississippi $8,335,000 first consol, currenoy 7s and
tions. The debt of the company was reduced $995,000.
the $83,000 gold 6 s maturing January 1 next, for 50 years from
STATEM ENT A P R IL 3 0 , 18 9 7 .
C apital sto ck ..................... $ 4 ,8 4 8 ,0 0 0 i D u e fr o m U . 8. & o th e rs.$ l ,6 7 5 ,0 0 0 January 1, 1897, at 4 per cent, principal and interest payable
B onds and m o r tg a g e .. . 3 0 0 ,0 0 0 A ll cu r re n t d eb ts d u e .. 1 ,3 5 0 ,0 0 0 in gold. Bondholders are offered the privilege of extension,
D r e x e l «fc Co. n o te s .......... 7 5 0 ,0 0 0 | B alanoe o f our. a s s e ts .
3 2 5 ,0 0 0 receiving in cash the adjustment of interest to January 1,
T otal a s se ts o f com pan y are s ta te d a t......................................$ 7 ,8 0 ),0 0 0
1898 (amounting to $31 par bond on the 7s and $30 on the 63 ),
T otal lia b ilitie s .................................................................................... 6 ,6 7 5 ,0 0 0 leas $15 per bond for extension fee.
Brown Brothers & Co. announce that they will purchase on
B a la n c e to cred it o f profit a n d l o s s ........................................... $ 1 ,1 2 5 ,0 0 0
or before Ju ly 15 at par and interest to Jaauary 1, 1398 (less
—V. 64 , p . 6 1 2 .
discount at 3 per cant per annum), bonds with coupons of
Mexican Telephone Company.
July, 1897, and after, of holders who may desire to sell rather
( R e p o r t f o r y e a r en d in g F e b ru a ry 28,1897,J
than extend.— V . 64, p. 1087.
This company does a telephone business in ab Hit twenty
Boston Term inal Co.— E x c h a n g e o f S h o rt-T e rm B o n d s .—
cities in Mexic
including the City of Mexico, Vera Cruz,
This company has authoriz-d the exchange of $6,000,000 short
Tampico, Montert-y, etc.
term
3}£s due Aug. 1, 1893, for the new 3)^s due Feb. 1, 1947,
On March 1, 1897, there were 2,346 telephones in service*
Thu exchange may be effected through Lee, Higginson & Co,
against 2,306 in lc96 The earnings are reported as follows:
of Boston.— V . 64, p. 1000.
M exican Of f ic e .
^-M exican C urrency Y e a r 8 e n d Feb. 2 8 .
1897.
18 9 6.
Brooklyn City & Newtown RR .— E x te n s io n s P ro p o se d .—
Grossearnings ............................................ ..$122,716
$113,135
77,274 This company has decided to extend its lines to Broadway
Operating expenses ....................................... 85,539
(Brooklyn) for the purpose of securing good terminal facilities
Net earnings................................................... $37,207
$35,861 at the new East River Bridge entrance, and als> from its pres­
B oston O f f ic e .
U. 8. C urrency -.—> ent terminus at De Kalb and Wyckoff avenues to connect with
Remittances from M exico..................
$17,925
$17,753
M iscellan eo u s r e c e ip t s .............................................
171
10 a line to North Beaca on Long Island Sound. The De Kalb
Avenue & North Beach RR. has been incorporated to build
T o ta l r e c e ip t s .......................................................
$ 1 8 ,0 9 6
$ 1 7 ,7 6 3
the North Beach line.— V . 64, p. 798.
17,315
E xp en ses....... ....................... ............ —........... 12,80)
Brooklyn Union Has. —L is tin g . — There were listed on the
Balance, surplus......................-..................
$5,296
$448 New York Stock Exchange this week $745,000 additional first
G E N E R A L BALANCE S H E E T U. 8. C U R. F E B . 2 8 , 1 8 9 7 .
consol, gold 5s, of which $345,000 were issued in exohangs for
L ia b ilitie s .
Ansels.
underlying bonds and $500,000 for the acquisition of all the
R igh ts, fr a n ch ises, A c. .$ 1 ,5 4 7 ,6 5 4 C apital s to c k .................... $ 2 ,0 )0 ,0 0 0
securities of the Equity Gas Co. of Brooklyn, consisting of
T reasu ry sto ck ..............
1 9 1 ,2 9 0 M ex Cen. T. A f . bonds
g u a r a n tee d ........... .........
3 ,6 0 0 $350,000 first mortgage bonds and $350,0)0 stock, which will
M ex. Cen. T. A T. bond
7 ,0 0 0 be held as security for the consols. Ths total amount of
4 ,8 0 0 M ex. No. T. A T. do . . .
a c c o u n t ..........................
6,491
M ex. No. T. A T. do
2 .2 5 J M isc e lla n e o u s..................
consol. 5s now listed is $13,081,000.— V. 64, p. 887.
S u n d r i e s .................................
4 ,7 2 1
C ash...............
6,0 3 5
Cape Fear & Yadkin Valley R y.— To Be S o ld a s a W hole.
P rofit and lo ss d e fic it...
2 8 0 ,3 3 9
— On Monday Judge Simonton, in ths United States Circuit
T o ta l................................ $ 2 ,0 1 7 ,0 9 1
Court at Raleigh, N. C., rendered a decision in the case of the
T o ta l................................. $ 2 ,0 1 7 ,0 9 1
Farmers’ Loan & Trust Company, again ordering the sale of
the road as a whole, including the lease of the South
GENERAL INVESTM ENT NEWS.
Carolina Pacific. A similar order was made two months
Reorganizations, Etc. - L a t e s t D i t a a s to D e fa u lts, R e o r ­ ago (see Chronicle of April 10, page 706), but the case was
g a n iz a tio n P la n s, P a y m e n t o f O verdue C oupons, E ta .— All reopened at the request of counsel representing Nsw York
facts of this nature appearing sin ce the publication of the last interests. Tne New York committee wanted the road sold in
issues of the I n v e s t o r s ’ and the S t r e e t R a il w a y S u p p l e ­ three sections, represented by series of A , B and C bonds.
The sale is to take place at Fayetteville, N. C., at a date yet to
m e n t s may be readily found by means of tne following index.
This ndex does n o t include matter in to-dav’s C h r o n i c l e . be announced.— V . 64, p. 798.
See index in C h r o n i c l e of June 19, page 1179, for additional
Central National Bank, N. Y. City.— D iv id e n d .— The Cen­
small companies.
R a ilro ads ANDMiscEL.Co’s((7ora.) tral National Bank on Tuesday declared a semi-aunual divi­
R a i l r o a d s a n d m i s c e l . C o . ’8.
dend of 4 p. c., payable Ju ly 3. This is the first dividend
V o lu m e 6 4 —
Pape
V o lu m e 64—
Pape
A m . G r o c e r y ........receiv. d e n ie d .8 8 7 ,1 1 8 0 Ohio V alley...................... sale. 954,1137 since reducing the capital stock from $3,000,000 to $1,000,000
.
A t l a n t i c C o a s t L in e s . . .
consol. >*87 Oregon Im ^rovem’t..reori/.800,8I2, 90>
Do
Do
. .cOWp -tw.lOO1,1042 in January last. Before the reduction the semi-annual divi­
B a lt'.. & O h io ................. coupons.811 1 0 tc
Do
P a tte r s o n A C o r w in r e p o r t. 999 Peoria Dec. & Ev ..reorg. pian. 1042.1137 dends were 'A% per cent each.— V. 64, p. 333.
Do
Do first mtoe com. I069,1127
C a r o lin a T e n n e s s e e A O h io .. .sold . 100 •
C e n t r a l ia Sc C h e s t e r
receiver. 1137 St. Jos. & Gr Isl. .listing new secur. 1139
Central Pacific RR.— C o m m itte e .— Early in the week it
coup. *43
C e n tr a l P a c if ic . p rotect l»e m m * a r e s . 1041 St. L. Vandalia .t T .H ...
San Diego Land & Term .. . . . . .so/d.1181 was announced that a committee consisting of Charles S.
Do
. ...e x te n s io n o f
Summit
Br..
.sale.75b;
deposits.
956,
1002
C h ic a g o & A lto n . . . .d in . reduced.. 8 87
Fairchild, Chairman; Thomas F. Bavard, Silas B Butcher
C h ic . A N o. P . .p la n t n fu ll.888. 808, 9 >1 Terre Haute & Logansport..c'wp«.l043
Do
n e w c o m p a n y . 1000 Union Pac.col.tr.Qs»f l8wl dppos.758, 902 and Edward Morrison, Jr., of New York, and Lord MonksDo
coll.
tr.
H
a
of
l8H.cofIat.814,
902
C h ic a g o & W e s t M ic h ig a n ...c o u p . 8*2
Do coll.tr. os. Of 1881................ 002 well, Sir John Luobook and Walter Morehead, of London,
C tn . J a c k s o n A M a c k in a w ..reo rg . 812
Do coll, tr 0s of 1879................ 902 had been formed, and a plan of reorganization prepared. No
C o lo r a d o M id l a n d ..! r e d .8 "8; reorg.1181
Do Kansas Central....... fared. 799
C o lu m b u s A H o c k . C o a l & L.reoro.lOOO
Do
equip, bonds. <fc int. paid. 1002 plan, however, has yet been given out.— V. 64, page 1080.
Do
Do
recvrs. c tfs . 011
C o l u m .H . V . A T o l . . c o n so L d ep o sits. 754 Utah Central ... .....................sold. 955
Chicago Indianapolis & Louisville Ry.— M o rtg a g e F ile d .
Do
Do
........ c o u p o n s. 842 W heeling & L akeE.deposits of l sts. 955
Do
Do
....rec v rs'ctf8.1182
Do
Do
gen. m to e. fls 1041
— The new refunding $15,000,000 mortgage was filed at InC ol. S a n d u s k y Sc H o c k f f c a r .1 0 8 8 .1127 Wisconslu Central . .. coupons.8H%903
STREET RAILWAYS.
dianapnlis on Tuesday. The $4,700,000 refunding bonds
I llin o is C e n t r a l . . b o n d issue *14%. 902
J a c k s o n v. T a m p a Sc K. W ...fo r c lo s . 888 Baltimore Traction........... i crmsol.1180
issued for the old consol. 6 s carry 6 per cent interest; the
City Sc Suburban............5
K a n s a s C e n tr a l .. ........solr.1041 ,1 1 M
deposits 1137 balance of the issue carry 5 per cent.— Y. 64, p. 1180.
L i tt le R o c k Sc M e m p h is ..............sale. 1181 Brooklyn E le v a te d ...
M e m p h is & C h a r ie e t o n ./ o r w i. s ta y ?U9 Ca »ital Ry.. Frankfort. K v ....*002.1180
Do
a p p llc 't’n >.'• p a u l " t . 1088,1 1 2 7 Fourth St. & arsenal St. L .)..sale. 1041
Chicago & North Western Ry . —R e fu n d in g P la n .— This
Kings
County
Elevated
. . .reorg. 1002
N . Y . C e n t. & H . H ...r e f u n d p la n . 755
N , Y . Sc H a r le m . . ..r e f u n d . 765, 953, 1001 People’s Railway (St. Louis) .sale. 1041 company has for some time been considering the question of
N o r t h e a s t e r n K K . o f Q u ..r e c v r .8 l2 , w5» Pittsburg St. Rys . .. consolidation.U81 refunding ics maturing bonds, there being nearly $30,000,000
Do
Do
* a /« .l0 0 l Saginaw Consol. St— .......... m w .1043
coming due between now and the close of 1903. At a meetOgdens.A Lake Champ.i n t . to be p'dlv HQ Union St. Kv. (Saginaw).......recur.1043

THE CHRONICLE.

1224

, 0 U r* to be held early in Ju ly a rep o rt from a
itai to devise a refu n d in g plan w ill be subjp. sltion i> to au th o rize a long lim e m a n ­
vine hoods m a y b e issued a t varying rates of
i th e e n tire b o n d td indebtedness of th e
»kv
m atures. The first issue of refu n d in g bonds
It. three and s-b aif per cents. The Maple River
,g July 1, JS97, will be p tk i o il.—V. 61, p. 10S7.

Ot.t> SscoH. P a y

f V o l . LX IV .
Asiex’t

----------------- A.NI) RfcCgtVK----------------- ,
1st i t .

1st 2 , BfAs. F refietk. Oom.stk

1st M, 6 s & c o u p s ,................
.......
XOOJo
80%
.........
Consol. 4 8 ,... .......
15%
15%
____
30%
7«%
F or tip ' e q u ip m e n t bonds ns they m a tu re ftid to provide for p u re h a sa
r f Busk f a u n a l to t 7s for *1,250,00 i a n d Vsuen S hort Utile 1 st 8s for
ttoS.cO O , new tlrst m o rtg a g e -Is a rs re s e rv e d us s ta te d f u rth e r above
T he new seen rid e s so far in n ot req u ired for th e purposes of
exoban go. etc., whit!! be tisad for th e acq iLmltfn n or een stru e I hi of ua.v
Hop* sub) e t to ap p ro v al by •* holders of a m ij x-ltv In a m o u n t of th e
stock o r of th e voting tr u s t oertlftottos above m enttooe t. o r fo r neees -a ry im provem ents, b e tte rm e n ts an d eq u ip m en t."—V. 64, p. l i s t .

C h lr a g > \ Northern Pacific UR,—Chicago Terminal
Col am has (J-W (O hio).— L is tin g .— O i the New Y irk S tick
T ra n s fe r Ry. --N o rth e rn P acific Br*— R e o r g a n iz a tio n Compitted—North ■m V&ciflG In te re st Sold.— The N o rth ern Pacific Exchange were listed this we-It $1,173 00) first m iregagagold
S a ilw H J bn* s old to in ie rrsts identified w ith th e old Chicago 5s of 1892, maturing 1933, a id $1,079,8)0 capital stock. A u th ­
4e Niirtbrru P icitic the $5,000,000 certificates o f p ro o rieta rv oriz’d stock is $1,500,000.
■*Said bonds recite up in their face that they are redeem tble
u jtfit# ! in it i.< • . en tities of th e C hicago T erm in al Transfer
B ailrot tl r. ct i v d by it under th e C hicago & N orthern Pacific at 110 per centum and accrued interest at any tim ) before
plan of *. or -u n i/itio n , th u s disposing of u s e n tire in terest maturity, at the option of the company, its successors or
.n the Chicago term inals. This action is in accordance w ith assigns, on the coadi'i iris and in the manner provided in the
the announced purpose o f th e N orthern Pacific to have its mortgage securing the same, but the mortgage fails to provide
• astern te rm itu * a t S t. Paul.
any such conditions and manner." The authorized issue is
All the steps necessary fo r c a rry in g o u t th e p lan of reo r­ $1,500,000,
ganization have been accom plished, an d th e deed to th e
The stock and bonds were issued for the property and fran­
prepertv has been delivered to th e new co m p an y , th e m an- chises acquired in i893. Tne company owns about 127,000
agl nient of w hich has been vested in a n executive co m m ittee square feet of land in thv business centre of the city, and
. f j-iirc of E iw a rd D. A dams. F . T. G ates, A. S. H eidel- about 10*.^ acres in the manufacturing section, on which it is
i rich. A L. H opkins and C olgate H oyt. A t th e first m eeting beginning to erect a plant. The old plant I143 a capacity of
of the >xecuttve com m ittee Mr. A dam s w as elected c h a ir­ 1,500,000 cubic feet per day. The company owns 115 miles of
m an. and at the u rg en t req u est of those mo it larg ely in te r­ mains and had 8.041 meters in use March 31, 1897.
est ( d in tii- property has accepted th e office an d has assum ed
D a rn in g s.— For the years ending Mtrch 31 earnings,
th direction of the a llu r e of th e new com pany. S. R. charges and dividends have been as follows :
Aim-lie, who has b?en G eneral M anager of th e C. & N. P „ l e a r e s i d i n g
N et
In te r e s t
D iv id e n d s
B a la n c e ,
was elecied President an d G eneral M anager of th e new com ­
s u r p lu s .
M a r c h 31.—
In co m e.
o n b onds.
p a id .
$57,727
(S %1 $67,341
* 9 ,6 6 7
pany. Fred. T. G ates was elected V ice-President, an d G eorge 1 8 » 7 _ .....................$134,735
2 4 ,7 8 6
1 - 9 8 ..................... 135,063
55,529
(5% ) 54.750
P . B ailer, Secretary.
1 5 ,0 4 0
1 8 9 5 ..................... 121,701
53,511
(5% ) 53,150
Headers of the U nited S ta te s T ru st C om pany certificates
In the balance she^t the plant is valued at $ 1,381,623.
for Chicago & N orthern Pacific R ailroad bonds are inform ed
D ire c to rs — The directors of the company are : President.
th at in accordance w ith the plan of reo rg an izatio n of the la t­
ter com pany, certificates of p ro p rietary in te re st in th e secu- Emerson Me Mill in. New Y o r k ; Irvin Butterworth. D, E,
riiit> of ihe Chicago T erm inal T ran sfer R ailroad C om pany Putnam, O. D, Firestone, N, B. Abbitt, Ja m ’s Watson,
an- now ready for delivery in exchange for U n ited S tates Frank C. Hubbard and Philip H . Bruek, all of 0 dumbus ; W .
T rust Company certificates for Chicago & N orthern Pacific H . Diane, Cincinnati. Transfer agent?, H . B, IIMims & Co.,
bonds o n surrender of th e sam e to th e tru s t co m p an y .—V, New York.
fit. p, 1137, 1042.
f'oinmbus Hockiu? Valley » Toledo Ey. —R o o k in g G oal <fc
C leveland C in c in n a ti C hicago & S t. L onls Hy.—L is tin g . R R . C o m m itte e .— Robert Maclav, Jules S. Btctie, W illiam D.
Ti ere were listed on the New Y ork Stock E x ch an g e this BarOonr, Charles C. E ley, and George H . H fit have, formed
vi-.. k $2 57-1 000 additional general m ortgage gold 4s. of w hich. a bondholder*’ protecuve committee, and request deposits of
$574 .ooo were issued to retire prior lie n ' bonds a n d $2,000,000 C H . V . & T. general m irtgagi (S p"r cent hoods oa the
issued in fiscal y e a r 1895-$a n d $1,000,000 in the Hocking Coal & RR. lints, dated Ju ly 1, 1884, and maturing
eum*nt fiscal year) to p ry for new equip m en t, construction 1904. Depository is Knickerbocker Trust Co.. N. Y . Secre­
and h em rinents. The total am o u n t of general 4s au th o riz -d tary of the committee is William B. Randall, 6 6 Broadway,—
V . 64, p. 1088.
t* S5'U«w,f:ot>, attfi as a re su lt of these issues th e bonds re•« v i -1 for the retire m en t of prior liens now am o u n t to $28,Ft. Worth & Rio Grasde R y.— L i s t i n g — On the New York
67b,000, and those reserved for equ ip m en t, c o n stru ctio n and Stock Exchange were listed this week $2,868,000 first mortgage
betK-rments to $13,748,000. The a m o u n t now listed on the gold 3 to 4 per cent bonds. These bonds were originally
exchange is $7,571,000.—V. 64, p, 1181.
issued bearing five p -t cent intfrett, and as such were listed
C olorado M idland R R .— R eorganization P la n .—The p lan on the Stock Exchange: but under an agreement entered into
of the reorganization co m m ittee was issued on T uesday and between the compaay, the Central Trust Co. of New York
h to I • voted upon by th e holders of C en tral T ru st Co. c ertif­ and the bondholders, under date of March 27, 1897. t ie inter­
icates on Ju ly 15. The full te x t of th e plan an d th e circu lar est rate was reduced to 3 per cent until Ju ly 3, 1992 and 4
MMied t y the r» organization com m ittee w ill be found on s u b ­ per cent thereafter.
Of the total issue of 82,923,000, holders of $2,863,000 have
sequent pages of to- lay’s C h «onioue .
.s’iv.-mrities. —T he p irn provides for foreclosure u n d er already assented to the reduction in interest, and have ex­
changed
their coupons for new sheets bearing coupons at the
the tim t and consol, m ortgages a n d th e issuance by the new
reduced rates above mentioned, with the changed conditions
com pany of the follow ing se c u ritie s:
printed upon the face of the bond in accordance with the
NEW S E C C IU T IE S
agreement.— Y . 64, p. 888.
! * t m o r« g * « < !. lO O - y o a r c o l d b o n d s . $ 1 , 0 0 0

- v - i . •! -II i !•••!■ i-.-iit................. - .

e a c h , b e a rin g

. . . . ............................ .-83,750,000

let mort«*g«, 1 0 0 - f i - a r gold b o n d s , $ 1 , 0 0 0 e a c h , b e a r i n g
utter*' ••«'. m «m Ii from July t, 1 8 0 7 , to July 1,190”, at 2
p c: t b « n nti’il July t . 1 9 0 2 , a t 3 p . c .; a n d t U e r e s f t n r a t
* p,< - U p t o July 1, i!*Q 2, m i r p i t i < e a r n l n g s s h a l l b e a p p l i e d
t o tn • k e up o.t-b pay in -nt o f in t o m a t a t 4 p , o ., b o n d u o l d p r - f f - r r . - d atook u o r l p f o r s i i o u p a r e o f -1 p . o.
m m %ik<f K-bW l fK>t bn |i dd in c.isii ... ............................. 6.250,000
B-fTfN® HOBHQtttaUljl live 4 p c. *t ok ($100 Hliarae) ......... 0,030,000

€%«*» Ui Oti $■' iG ek ( f h i 0 •barrel..................... ............................... 4,000.000
fm p m v k
f tim U itor tlin needed im provements, in ease the aesessnc*fc n m m r*-d or to m eet unforeseen atttereencies, the
fltw t
i» u> r*v e r v e to t!m new com pany (bo right to Issue
J|S£NGM pirig r t i m 4
r, „/ b , x u o h rluh* to be exerulsed on ly
w ith
m m t Of til•- trusuw of Brut m ortgage,and la no even t after
J M jr 1 , :|Si0 3 ; a m i it> hko nin mot of llreta Is to be reserved for
m p tio ri i o f t:fi# orfilor liens,
ttmtff f v m,*L —B-GiJ's - i
of stone shall b - placed In a voting trust
•$$£• m%%
% m A ttiwfi-uaftt-r until the ilrit mortgage bonds sis ill have
4 j
Verust In cash for three saecsssl ,"<s years.

t ) mpmii 'ion
MfXMK t» l§ 4

o f 1:V««p S ecurities.—The follow ing show s the
enritiea issued for the assessm ent, in exiritii-s an d reserved for fu tu re needs:
■U t l t . t t U
l. i n en th .

-Kite Sm urU ies.-

.V nr 1 • t

9,V * -

6,250,000
132.900
I>34.000
150,000
,09,000

t-w t ’ref.
$

N ew Com.
slock.
$

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

3 ,4 2 0 ,2 0 0

sto rk.

General Electric Ry. (Chicago) —I n j u n c ti o n D e n ie d .— The
Illinois Supreme Ccurc has denied the petition for an injunc­
tion to prevent (he construction of this road and dismissed
the bill. The company has franchises covering fifty-sight
miles of streets on the south side of Chicago, and work is
expected to begin shortly. The road will be built bv the Love
Electric Traction Co., which has offices in New York City,
and will be operated by the underground trolley system.— \ .
02, p. 988.
Illin o is Central R R ,— Bond R e d e m p tio n — Itis announced
that the Cbiiago St, Louis & Paducah $1,0011,000 5 p jr cent
first mortgage gold bondsdated Sept, 1,1887, maturing Sept.
1, 1917, hut redeemable at 105. will bs p aid at that rate on
Sept. 1, 1897, at New York. Tae St. Lin is Dvisioa
per
cent mortgage recently authorized provided for the red?mption of these bonds.— V. 04, p. 1181.
Kansas C ity Pittsburg & G u lf H R .— C o m p le tio n to L a k e
Charles.— The Kansas City Pittsburg & Gulf is now com­
plete from Kansas City to Lake Charles, L a , and through
freight and passenger service over its own track will be es­
tablished July 1st between these points. There yet r mains a
link of 47 miles between De Quincy and Beaumont to build.
This, it is expected, will be finished by August 1, when the
K . C. P. & G. will have its own through line from Kansas
City to Port Arthur on the Gulf of Mexico.— V . 64, p, 1041.

Lake Shore & Michigan Southern U j . — L is ti n g o f N ew 3%
P er C e n t B o n d s .— he New York Stock Exchange this week
5 4 ,0 0 0
listed $22,433,000 of the new 3!£ per cent gold mortgage
bonds of 1997. An abstract of the mortgage securing these
,100
...............
5 9 0 ,7 0 0
5 7 9 ,8 0 0
bonds was printed in the C h r o n ic l e last week on pages
K> 6 ,2 5 0 ,0 XI 6 ,0 0 0 ,0 0 0 4 ,0 !-0 , 0 0 0
1182 to 1180. The total authorized issue is $50,000,000, of
—The follow ing table show s th e which $6,808,000 are to be issued and delivered to the railway
es shall receive of th e new issues : ) company for use, so far as required, in funding the interest
Ts»*6oo

6 1 2 ,5 0 0

J une 26, 1867.J

1225

THE ( H R 0 N 1 L F .

on the outstanding; old bonds of the railway company before
the maturity thereof; and. except as so required, may be
used for the general purposes of the railway company. The
remainder, $43,192,000, are to be issued from time to time for
the express purpose of acquiring, by purchase or exchange,
or of redeeming, the following 7 per cent bonds:
Btiff.& E rie ls t s ,d u e '9 4 .$ 2 ,7 0 5 ,0 0 0 j L. S. l s t c o n . ( I u e l9 0 0 .$ l4 ,4 4 0 ,0 0 0
L a k e S .d iv .b ’nd5,due'99 1 ,3 5 5 ,0 0 0 | L .S . 2 d eon., d u e 19 0 3 . 2 4 ,6 9 2 ,0 0 0

Of the bonds now listed $3,427,500 were issued as a part of
$6,808,000 reserved for the uses of the rail way company, and
the balance. $19,005,500, in exchange for the following :
B uffalo & E rie l s t s ........ $ 4 2 9 ,0 0 0 | L ake Sh ore d iv. b o n d s.. $ 2 2 0 ,5 0 0
L ake Shore 1 st co n so ls. 3 ,6 6 2 ,0 0 0 | L ake Shore 2 d c o n so ls. 1 4 ,6 9 4 ,0 0 0

By the plan of refunding under the new mortgage, the in­
terest charges of the railway company will be reduced as
conversions are effected; and after December 1, 1903, the
total annual saving in the interest charges of the company
will amount to $1 273,440, as compared with the annual
charges on recount cf the bonded debt upon December 31,
1896. The balance of the $50,000,000 will be added to the
‘ ‘list” from time to time as issued for the purposes above
stated.
S i x M o n th s' E a r n in g s .— Earnings for the six months end­
ing June 30 have been reported as follows, 1897 being partly
estimated :
G ross
Ife t
F ixe d
D iv id e n d s
B a t.,
6 m os.
e a r n in g s ,
e a r n in g s .
ch a rg es.
p a id .
s u r p lu s .
1 8 9 6 -9 7 .........$ 9 ,6 1 9 ,2 1 4 $ 3 ,1 7 4 ,0 3 9 $ 1 ,6 8 0 ,0 0 0 $ 1 ,4 8 3 ,9 9 5 $ 1 0 ,0 4 4
1 895- 9 6 ........ 1 0 ,1 2 5 ,8 9 9 3 ,1 9 6 ,6 5 2 1 ,6 8 0 ,0 0 0 1 ,4 8 3 ,9 9 5
3 2 ,6 5 7

Tne company has declared the regular semi annual divi­
dend of 3 p -r cent payanle August 2.— V.61, p. 1131, 1182.

Lam son Consolidated Store Service.-—N o J u ly D iv id e n d . —
The directors have decided to pay no dividend next month.
A circular issued by the company states that it had been
expected that tie sale of the bonds (mentioned in the last
annual report, see v. 64, p. 1087,) would allow the directors to
recoup, prior to the intended declaration of the dividend in
Ju ly , from payments made for properties purchased, but the
unavoidable delay in placing the new bonds has necessitated
the use of moneys in the treasury for this purpose, making
payment of a dividend unadvisable.— V . 64, p. 1087.
Lebanon Springs RR.— B e p a ir s N eeded. — The New York
Railroad Commissioners have informed Receiver Sweet that
if repairs to lhe road are not commenced by July 15 they
will begin an action in the Supreme C ourt'O stop ihe oper­
ation cf the road, on the ground that it is a menace to public
safety. The road is 57 miles long, and runs from Chatham,
N. Y ., to BenningtoD, Vt. Receiver Sweet said that he bad
begun negotiations to raise $30,000, which he thought would
be sufficient to make the necessary repairs.— V . 64, p. 8 8 8 .
Lehigli Valley RR. — M a tu r in g B o n d s . — The $5,000,000
first mortgage bonds due June 1, 1898, it is ihought, will
probably be extended as four per cents.— V . 64, p. 1042.
Lexington (Georgia) Terminal RR.—S o ld . — This road,
miles long, between Lexington. Ga., and Crawford, was sold
in foreclosure on June 1 to F . R Smith and Judge Hamilton
McWhorter of Lexington, Ga.— V. 64, p. 799.
Louisville (Street) Railway.—Conversion, o f $500,000
•C om m on S to c k . — On JuDe 19th the stockholders autnorized
the director to convert $500,000 of the common stock into
preferred stock on pajment of $50 for each $100 share so con­
verted. Notice of desire to convert to be filed with the
■Secretary by June 30, accompanied by $25 per share in cash,
the remaining $25 to be paid Octooer 1, when the new
preferred will be issued. If the stockholder so desires, he
may pay in his $50 per share July 1, in which case he will be
paid 5 per cent interest on the bonus up to October 1. The
preferred is a 5 per cent cumulative stock, dividends payable
A p ril and October. The common hes received dividends of
per cent semi-annually since April, 1896.— V. 64, p. 1181.
Memphis & Charleston RR — In te r e s t P a y m e n t. — The
holders of cerlificates issued under the plan of reorganiza­
tion are informed by the reorganization committee that they
expect to receive on July 1st partial payment of the coupons
due Jan. 1, 1895, upon the 7 per cent bonds of the Memphis
& Charliston Railroad Co., deposited under the plan of reor­
ganization, and that they will on and after Jul v 1, 1897, make
payment at the Guaranty Trust Co. of New York to the de­
positors of Tennessee lien bends, second mortgage extended
bonds of 1867 and first and second mortgage extended (in
1880) bonds, of the sum of $24, and to the depositors of con­
solidated 7 per cent bends of the sum of $16 for every bond
deposited.— V. 64, p. 1137.

G ross
N et
e a r n in g s , e a r n in g s .
^
^
Jwwc ^o_
1897 (J ut eest.)ll,O55,C0O 3,896,000

3 m os. e n d in g

F ir s t
charges.
^

V iv iB a la n ce ,
d e n d s. s u r .o r d c f.
^

2,640,Of 0 1,000.000 s.256,000
1896 (£ctual)... 10,852,655 3,615,571 2,722,574 1,000,COO d.107,C03
1 2 m o n th s —
1896-7(Jun est.)44,127,000 14,587,000 10,5 40.000 4,f 00,000 b.47,CC0
1895-6 (aotual).45,144,967 14,689,397 10,645,604 4,000,000 s.43,793
— V. 64, p. 1042.
New York & New Jersey Bridge.— C h a rte r N o t F o rfe ite d .
— Tfce W ar Department yesterday decided that the charter of
this compary las not expired bylarseof lime, and that the
company can proceed with the work.— V . 64, p. 1089.
>ewYork Susquehanna & Western RR,—S a le o f B o n d s .—
This company bas sold to a banking syndicate formed by
Marquand & Parmly the balance of tbe treasury holdings of
general nroitgage bore’s rot reserved.
This makes the
amount of generals outstanding $2,453,000. The proceeds
from Ibe sale will be used to liquidate the floating debt,
amounting to about $300,000.— Y . 64, p. 1043.
Ne rlhef stern RR. of Georgia—A’o B id s a t S a le J u n e 21.
— A t tbe advertised sale of this road on Jure 21 no bids were
received. The road is owred by the State, and tbe upset
price, which is $287,000, was regarded as too high.— V. 64, p.
1001.
Northern Pacific Ry.— L is ti n g .— On the New York Stock
Exchange were listed this week $996,000 additional prior lien
gold 4s issued to retire $771,000 old bonds as follows : $21,000
Missouri Division 6 s, $382,000 N. P. gen. 1st mortgage 6 s
drawn for redemption and $368,000 N. P g e r . 1st mortgage
6 s deposited for exchange.
Of the $41,879,000 North­
ern Pacific general fiist mortgage 6 s there are now out­
standing only $15,392,000 (of which $5,750,000 are coupon and
$9,642,000 are registered bonds), the balance having either
been offered for exchange at 130 info prior lien bonds or
drawn fer payment at 110, reimbursable in prior liens at 130.
The amount of prior lien 4s now on the list is $74,312,500.— V .
64, p. 1042.

Omaha Kansas City & Eastern RR.—C o m p letio n o f L in k .
— This company has completed this week ihe lii k between
Pattoneburg ard Trenton, Mo., 35 miles, which connects tbe
Omaha & St. Louis with the Quincy Omaha & Kansas City.
Tbe through line from Omaha to Quincy, III.. 315 miles, in­
cluding the Quincy O. & K . C., 135 miles, and Omaha & St.
Louis, 145 miles, will shortly be turned over to ibe Omaha
Kansas Ciiy & Eastern, to be operated as one line. The O. K .
C. & E has filed its mortgage, limited to $14,000,060, under
which bonds will be issued at $20,000 a mile on the 35 miles
just completed.— Y . 64, p. 954.

Omaha & St. Louis RR.— N ew S e c u ritie s. — The Guaranty
Trust Co. certificates for the Omaha & St. Louis bonds will
be exchanged on Ju ly 1 st or shortly thereafter for the new
eeourities provided under the plan of reorganization, viz.: 75
per cent in first mortgage 4 per cent bonds and 25 per cent in
voting trust stock certificates. The Guaranty Trust Co. will
pay the interest due Ju ly 1st. The road will be turned over
to the Omaha Kansas City & Eastern early in July, making
part of a through line from Omaha to Quincy.— Y . 64, p. 954,
Oregon Improvement.— D ire c to rs E le c te d . — A t the annual
meeting this week the following directors were eleoled:
Thomas L. Greene, New York ; William S. Edis, W . O.
Jones, C. A. Dolph, Henry Failing, William M Ladd,
Joseph SimoD. William M. Mackintosh, A . L. Mills, Richards
Nixon and C. F Adams. The board organized and elected
the following <fficers : President and Treasurer, Thomas L.
Greene; Vicp-Presid ent. C. A. Dolph ; Secretary, N. Poston ;
Executive Committee, Thomas L. Greene, W . O. Jones and
William S. Ellis.— V. 64, p. 1042,

Oregon Short Line RR.— N ew S e c u ritie s. — The Oregon
Short Line & Utah Northern Reorganization Committee an­
nounces that the new consolidated first mortgage bonds, the
income A bonds and the stock will be ready for delivery July
1 , and that later announcement will be made as to when the
income B bonds will be ready.
Certificates for O. S. L . & U . N. consols w ill be exchanged
at the American Loan & Trust Co,, Boston, and the Guaranty
Trust Co,, New York ; for Utah Southern generals and ex
tension bonds at Old Colony Trust Co.. Boston, or the Mer­
cantile Trust Co., N. Y ., and for O. S. L. & U. N stock at
Old Colony Trust Co., Boston, and Manhattan Trust Co., N. Y .
Cash for the face value of coupons due Jan. 1 and July 1,
1897, on new consolidated 5s w ill be paid by the depositaries
Hichlgan Central RR.—Cauada Southern Ry . —S i x at tbe time of delivery of the bonds. Certificates will be re­
M o n th s' E a r n in g s . — Earnings for the six months ending ceived at these depositaries on and after M mday, June 23,
June 30 have been reported as follows, the June quarter in when it is understood some of the certificates will be ready
each year being partly estimated :
for delivery, but all will be ready for delivery Ju ly 1, when
6 m o n th s
G ross
N et
S u r p . o ver M ich. Gen. C an. So. the securities will probably be listed on the N w York Stock
e n d .J u n e 3 0 — ea rn 'g s.
e a r n in g s .
charges.
P ro p o rt’n
P roper.
1896- 9 7 ...........$ 6 ,5 5 4 ,0 0 0 $ 1 ,7 4 9 ,0 0 0 $ 5 4 3 ,0 0 0 $ 3 9 1 ,0 0 0 $ 1 5 t ,OOO Exchange. Transfer books for the old certificates of deposits
have been closed.— Y. 64, p. 1089.
1 8 9 5 -2 6 ........... 6 ,6 2 0 .0 0 0 1 ,7 1 6 ,0 0 0
5 1 6 ,0 0 0
3 7 5 ,0 0 0
1 4 1 ,0 0 0
The Michigan Central has declared the regular semi annual
Peoria Decatur & Evansville R y .— C oupon P a y m e n t .— gv
dividend of 2 per cent, calling for $374,760, and the Canada Peoria Division first mortgage coupons due January l, 1897,
Southern a dividend of 1 per cent calling for $150,000 (sgaiust will be paid at the Central Trust Co., New York, on June 29.
\ ' 4 per cent, $187,500, in 1896), both payable August 2.—
T im e E x te n d e d . — The Scudder committee gives notice that
V. 64, p. 885, 10t 6 .
the time for deposit of bonds and stock with the New York
New York Central & Hndson River RR.—Q u a rte r ly .— Security & Trust Co. bas been extended to Sept. 1,— Y . 64
Earnings for the quarter and the 12 months ending June 30 p. 1138.
have been reported as follows, the month of June, 1897, being
partly estimated.
f£T F o r o t h e r I n v e s t m e n t I t e m s s e e p a t r e s 1 2 2 7 a n d 1 2 2 8 .

THE OHRON1CJLF.

122 *
il e p o r t s

a n d

B o c u m

c u ts .

C O L O R A O O MI DLAND R A I L R O A D CO.
C IR C U LA R VXD FL A X O F REO R G A N IZA TIO N .
FHLDERIC P, nIX’O Tr. Chairman.

■ UAL! i ' K W l li,
.! IMK» N JARVIE
CiLORtiK
’--LI.'.
0 8 1 *AR ill' s k E.
rr-rf".',/,

WiLI.iAM U. KATHROKE,
WILLIAM D. 8 LOAN E.
Vuntmillctr.

su ch c o n d itio n s i t w ould In* n a tu r a l t h a t th e p e rc e n ta g e of
o p e ra tin g expenses should in crease, b u t in th is in s ta n c e th e
in c re a se a rise s p rin c ip a lly fro m th e e x tra o rd in a ry e x p e n d i­
tu re s w h ich have been m a d e fo r th e im p ro v em en t of th e
p hysical co n d itio n of th e p ro p e rty . R oadbed a n d e q u ip m e n t
a re now in good c o n d itio n , b u t re q u ire m e n ts fo r ren ew al o
ra ils will be h e a v y d u rin g th e n e x t five y ea rs, a n d a d d itio n s
ro llin g sto c k a n d te rm in a l fa c ilitie s a re a n a b so lu te n ecessity
for th e econom ical h a n d lin g of th e traffic of th e road.
The re h a b ilita tio n of th e p ro p e rty c a n n o t be ac c o m ­
plished w ith o u t p ro v id in g m ean s for th e follow ing p u r­
poses :
R E Q U IR E M E N T S,

*1 Wall ttttwt, X#* Vor* City.

ADRIAN 11. JOLINK.

|V ol, LXIV,

llocel ver\s N o t e s ..........................................................
H ailing Stock 15 locom otives, 150 box cars’aud 5 coiusheaS

.$250,000
167,500
. 83,000
MaeMhe shops, round houses, e tc .............. .. .............................
75,000
Renewal o l rails................................................................................... 115,000

V a u n ttl

Tennim a fa cilitie s..........................................................

CENTRA I. TRVUr CU.M CAN V OF NEW YORK:
D e iu m t a iiv .

r* (><• IloliU i* o f the F irst Mortgage II,tails a n d o f th t Consolu kiltti Mortgage B o w 's of the Cutorado M idland Jiailw ay
C om pany:

A fter a carefu l in v e stig a tio n o f th e affa irs of th e C olorado
M idland Railroad C om pany, th is C o m m ittee has, in p u rsu ­
ance of tin* a u th o rity co n fe rre d b y th e a g re e m e n t of J a n ­
uary 2>-, 1895, prepared a plan fo r th e re o rg a n iz a tio n of th e
affairs of th e R ailroad C om pany, a copy of w h ich is ap p e n d e d
to t his circ u la r. A copy of th e p lan h a s b e e n h ereto fo re
delivered to tin- London C o m m ittee, as p rovided in A rticle
IV. of th e ag reem en t of J a n u a r y 28, 1893.
X etice is hereby given tlu it th e said p lan w ill be su b m itte d
to th e certificate holders a t a m e e tin g w h ich is h e re b y called
th day o f J u ly . 1897, a t tw o o ’clock p, m .,
a t No. ' } W all S tre e t, in th e c ity of N ew Y o rk , fo r th e p ur}«*‘c of considering said plan. T his notice, is g iven in p u r­
suance of th e term s a n d provisions of A rtic le s 'IV. a n d V. of
th e said ag reem en t.
The a tte n tio n of c e rtific a te h o ld e rs'is d ire c te d to th e fa c t
th a t th e H on. H en ry C. C aldw ell, U n ite d S a te s C irc u it
Ju d ge, before w hom th e foreclosure proceedings h a v e been
*- inducted, requires an d in sists th a t th e foreclosure sale
shall be had fo rth w ith . U nless su ch sale be m ade, th e reccivc-rslup m ay be v acated a n d th e rig h ts a n d in te re sts of
the bondholders seriously im p aired . W e h av e been able to
|,*rix.,ure a sh o rt delay, but we c a n n o t a ssu re bondholders
th a t a sale can be deferred beyond th e p re se n t su m m er.
h i order to adopt a p la n , th e a ss e n t of h o ld ers of a m a jo r­
ity in am o u n t of th e o u ts ta n d in g T ru st C om pany certific a te s
is necessary. If th e plan is disapproved b y th e vote of
holders of w m fie a te s rep rese n tin g C onsolidated bonds, or
t.y such holders com bining w ith holders of c e rtific a te s repre
sm iiim t li r s t M ortgage bonds to th e a m o u n t of less th a n
,,,"< 10,000 then th e holders o f F irst M ortgage bond certifi­
c ate s m ay require th e holders of C onsolidated b o n d c e rtifi­
cate* to w ith d ra w th e ir bonds a n d su rre n d e r th e ir certifi­
cates, and thereupon th e C o m m ittee is re q u ired to bid for
Th" property an d c a rry o u t th e plan as if it h ad been ap­
proved and confirm ed, o r i t m ay o th erw ise proceed as in-tru c te d by th e holders o f a m a jo rity of F irst M ortgage bond
certificated.
U 'i-p la n co n tain s a provision for re le a sin g a n y claim o
..iiwjb.ttued M ortgage bondh o ld ers upon th e g u a ra n ty o
,K" A tchison Topeka & S a n ta F e R ailro ad C om pany. T h i
provision is m ade in p u rsu an ce o f a n a g re e m e n t w ith tin
A tchison road by w hich, in c o n sid eratio n th e re o f, thi
A-.-iu-on road relinquishes all claim s for ad v a n c e s m ade t<
*7
M,<,l;*nd C om pany, an d w ith d ra w s a clain
« n irh it m ight m ake to c e rta in v alu ab le p ro p e rtie s w it!
i, (,, w inch it i, d o u b tfu l w h e th e r o r n o t y o u r m o rt
.••■icf u u l.. a l„.„. |„ view of th e sale an d reo rg an i
7 ,!' m of u r g u a ra n to r C om pany, a n d the im probability
M‘-v Mih..tantuii resu lt could be acco m p h sh o d by ar
!
....... .
'■ tlie g u a ra n ty , y o u r C o m m ittee cousid
; r7 f!lf 11
g n 'atly to th e in te re s t of th e certificate
" , VT: 'o m d . r into th e a rra n g e m e n t looking to th e release
Vi, '1 , *fU" ra n t- ''; c o n s i d e r a t i o n o f th e su b s ta n tia l bene
nt*4 to be acquired thereby.
If"- C om m ittr .. is u nanim o u sly o f tlie opinion th a t the
>.-,o
mt<. i w iw fav o rab le to th e b o n d h o ld ers a s is prao
" o UV 1 ' “ ’J,11 I '" !' al)aU be adopted th e consequences
iV,
r^fTl^li b., disastrous. The p lan h a s received
■” afipriwiil m t o t L ondon C o m m ittee.
*r ‘ ‘r ( • '•U'um atiou of th e e a rn in g s of th e last th re i
in the follow ing co m p a ra tiv e s ta te m e n t

'

To i:a i.............. ............................................................................

mm

In view of th e concessions to be m ade b y th e F irs t M ort­
gage B ondholders, w ho a re ask ed to co n sen t to a. re d u c tio n
of in ti re s t from 6 p er c e n t to 4 p er c e n t, it is in c u m b e n t
upon th e o w n ers of th e ju n io r se c u ritie s to fu rn is h th e
needed fresh c a p ita l.
he proposed cash assessm en t o f 13
per c e n t on th e p a r value ot th e C onsolidated F o u r P e r < e n t
M ortgage Bonds, for w h ich assessm en t F o u r P er f’e n t F irst
M ortgage Bonds w ill be g iv en a t p a r, w ill y ield '782,900, a
sum w h ich is th o u g h t to be sufficient fo r th e abo v e-m en ­
tio n ed re q u ire m e n ts a n d th e cost o f th e re o rg an izatio n
N e w Y ork, Ju n e 11, 1897.
Frederic P. Oi.coti ,
C hairm an.

Charles F, A yer ,

J ambs N. J arvle ,
Georges Mosiw ,
W il l ia m G , K .v ie b o n e
W il l ia m D. S l o a n k .

Oscar B u .n'kk ,
Secretary.
41 W all Street,
N ew Y ork C ity.

Committee.

P L A N O F R EO R G A N IZA TIO N
OF THE

COLORADO M IDLAN D R A ILR O A D COM PANY.
T he pro p erties a n d assets of th e C olorado M idland R ailroad
C om pany w ill be sold u n d e r th e d ecree of th o C irc u it C o u rt
of th e U n ite d S ta te s fo r th e E ig h th Circuit., filed May 4,
1897, a n d if p u rch ased by or in th e in te re s t of th e C o m m it­
tee, w ill be conveyed to a new C om pany to be org an ized
u n d e r th e law s of Colorado.
T he n ew C om pany sh all issue th e follow ing

NEW SECURITIES.

1. 819,000,000 of Foul- P e r C ent 100-lre a r F ir s t M ortgage
G old B onds, m th e d e n o m in a tio n of 81,000 each, w ith cou­
pons a tta c h e d , secured by a m o rtg ag e to th e C e n tra l T ru st
C om pany of N ew Y o rk co v erin g a ll th e p ro p e rty of th e n ew
C om pany. On §0,250,000 of these bonds in te re s t sh all be
pay ab le as follow s : F ro m J u ly 1, 1807, to J u ly 1, 1900. a t !
p e r c e n t in c a s h ; from J u ly 1, 1900, to J u ly 1, 1902. 8 per
c e n t in c a s h ; a n d th e r e a fte r a t 4 p er c e n t in cash. If a fte r
m a k in g due allo w an ce fo r n ecessary e x p e n d itu re s th e e a rn ­
in g s ot th e p ro p e rty w ill p e rm it, su c h e a rn in g s shall, d u rin g
th e period of five y ears from J u ly 1. 1807, be applied to
m ak e up th e cash p a y m e n t of in te re s t to fu ll 4 p e r c e n t
H olders of su ch bonds sh all be e n title d to receive scrip con
y e rtib le in to P re fe rre d S to ck , fo r su ch p a r t of th e 4 p er c e n t
in te re s t as sh all n o t be p aid in cash. O n a ll th e re m a in in g
bonds, in te re s t sh all be p aid a t fu ll 4 per c e n t in cash.
In o rd er to g u ard a g a in st a fa ilu re to secu re by th e assess­
m en ts c o n tem p lated by th is plan th e fu n d s n ecessary fo r th e
purposes of th e reo rg an izatio n , an d to m e e t u n fo reseen e m er­
gencies, th e m o rtg ag e shall reserve to th e n ew C om panv th e
rig h t to issue P rio r L ien F o u r P e r C en t B onds, h a v in g priorlty over th e F ir s t M ortgage B onds, to tlie a m o u n t of not m ore
th a n §.>00,-000 o f p rin cip al, such r ig h t to he exercised only by
and w ith the approval of th e T ru stee of th e F irs t M ortgage
a n d in no ev e n t a fte r J u ly 1. 1903. I f P rior L ien B onds are
issued, a like a m o u n t of th e au th o riz e d F irs t M ortgage
B ohds shall he s e t asid e fo r th e red em p tio n of th e P rio r L ien.
2, 80,000,0. 0 N an -C u m u lativ e F o u r P e r C en t P re fe rre d
Stock divided in to 00,000 sh ares of §100 each.
8. $4,000,000 Com m on S to ck , div id ed in to 40,000 sh ares of
- j - w - i r i t r S t S bond£,,ders u ** *
«*> « » ■
fJQO each.
<'O.M»*A«ATtVi; STATBMRST OF EARNINGS.
B oth classes of sto ck shall be placed in a v o tin g tr u s t for
—
t ’l f l a l .rune BOth.-—
six years, a n d th e re a fte r, u n til th e o u ts ta n d in g F irst M ort­
»
,
*»*'•
m
o
,
1803.
flfw * eaimfsr*
gage Bonds shall h av e receiv ed fo u r p e r c e n t in te re s t in cash
f K c / : 1?-1
SL-'lily, 157
mm mMgmmm
’ -•D J .tl..
l „ ! l? ,y i s
1,1223.309 lo r th re e successive years, th e T ru stees to hav e power d u rin g
r*T re n t nf opttnUtllf Ol
*)•;.!
70-72
76-83 th e e x isten ce of the. T ru st to sell th e -stock, su b je c t to th e
7r,
Inf's.,
4
approval of th e holders o f a m a jo rity in v a lu e of th e T ru st
.......
S3-J3.17-1
SS38.007
$308,048 C ertificates re p re se n tin g th e stock.
1 -m m tool f’f-fiiftbt
---148.183
1-15,015
i.58,612
f 170,891

S4t?,0»2

$210,336

• BuinUi* «»Ulii»ted
th e .b.ir-ieased gross e a rn in g s o f th e cu r”
";!!l , iat th e rev iv al of th e m in in g
o i o w i o d u r in g Itti.TtH) wins c h e c k e d

m iner? at Lead vjilt- an d w as follow ed by
w hich will co n tin u e s. U n d er

DISPOSITION OF NEW SECURITIES.
• • ■ v •’•

iMtn-u&

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

iM>r $0 250,000 ol<l Six Per ( ’ont Ffr,«t 7VIortijajje
Bowls (tho hond«to hear, however, only 2 per
uuol obligatory in terest for the m x’t three
y e a r n , p e r cent obligatory interest lor tlie
following: two years, beginning July 1 , 190o,
ami 4 per cent obligatory in terest thereafter,
scrip* convertible into preferred stock, to be
Lriveii for in terest not paid in cash chirfiurtfte
« ve years ending Jm»e SO, 1902>............ . . . . $6,250,000

«

THE CHRONICLE.

J une 26, 1897. |

B r o u g h t f o r w a r d ...........................................................................
F o r 15 p e r ce n t cash assessm en t lev ied upon
$4,886,000 old F o u r P e r C ent C onsolidated
M ortgage Bonds, b earin g fu ll 4 per cen t
o b lig ato ry in te re s t fro m J u ly 1 ,1 8 9 7 ..............
732,900
F o r $304,000 E quipm ent Bonds (set asid e)___
304,000
F o r $1,250,000 B usk T u n n el B onds (set aside). 1,250,000
F o r $108,000 A sp en S h o rt L ine B onds (set
aside)...........................................................................
108,000
-------- ------

1227

$/o, 000,000

the Committee $150 in cash (payable in instalments as
called for by the Committee), shall receive:
$150 in new First Mortgage Bonds bearing full 4 per
cent interest from Ju ly 1, 1897.
$300 in new Four Per Cent Non-Cumulative Preferred
Stock.
§700 in Common Stock.
8,644,900
There shall be reserved and set aside the following new
L eav in g u n d isp o sed o f ....................................................... $1,355,100 securities:
of which 0500,000 shall be reserved in case the right to
1. To provide for payment or acquisition of equipment
issue Prior Lien Bonds shall be exercised; the remainder to bonds as they mature:
be available for new construction and improvements in
$304,000 in Four Per Cent First Mortgage Bonds.
accordance w ith the terms of the mortgage.
$152,004 in Four Per Cent Non-Cumulative Preferred
2. X o n - G u m u l a l i v e F o u r P e r V e n t P r e f e r r e d S t o c k .............. $6,000,000
Stock.
F o r u n p a id coupons a n d red u ctio n in r a te of
2. To provide for the purchase of the Busk Tunnel.
in te re st to old Six P e r C ent F irs t M ortgage
$1,250,000 in Four Per Cent First Mortgage Bonds.
b o n d h o ld ers (50 p e r c e n t of old issue of
$6,250,0001............................................................... $3,125,000
$625,000 in Four Per Cent Non-Cumulative Preferred
F o r $4,886,000 old F o u r P e r C ent C onsolidated
Stock.
M ortgage B onds (30 p e r c e n t in P re fe rre d
Said new securities being offered in settlement in full for
S to c k ).:...................................................................... 1,465,800
F o r E q u ip m e n t Bonds (50 p e r c e n t of am o u n t
any and all claims of the Busk Tunnel bondholders for
of new F irs t M ortgage B onds re se rv e d )............................. 152,000
principal of their bonds, defaulted interest or otherwise.
F o r B usk T u n n el B onds 150 p e r ce n t of am ount
3. To provide for payment or acquisition of the Aspen
of new F irs t M ortgage B onds re s e rv e d ).............................612,500
Short Line bonds:
F o r A spen S hort L ine Bonds (50 p e r ce n t of
am o u n t of n ew F irs t M ortgage B onds re ­
$108,000 in Four Per Cent First Mortgage Bonds.
se rv ed )........................................................................
54,000
$54,000 in Four Per Cent Non-Cumulative Preferred
— — ----5,409,300
Stock.
L eav in g und isp o sed o f........................................................
$590,700
The new securities, so far as not required for the purposes
available for new construction and improvements.
3. C o m m o n S t o c k .........................
$4,000,000 aforesaid, shall be used for the acquisition of new lines, or
the control thereof by purchase or construction, subject to
F o r $4,886,000 old F o u r P er C ent C onsolidated M ortgage
B onds (70 p e r cen t in Com m on 8 to c k ).................................
3,420,200 careful restrictions, such purchases or acquisitions to be ap­
proved by holders of a m ajority in amount of the stock or of
L eav in g und isp o sed o f........................................................
$579,800
the Voting Trust Certificates above mentioned, or for neces­
available for new construction and improvements.
sary improvements, betterments and equipment.
B IG H T S O F PR E SEN T SEC U RITY H OLDERS.
In consideration of the relinquishment by the Atchison
1. Each $1,000 Six Per Cent First Mortgage Bond, with Topeka & Santa Fe Railroad of all claims for advances made
to the Colorado Midland Company, and of the withdrawal of
all unpaid coupons attached, shall receive:
81,000 in new First Mortgage Bonds bearing 2 per cent any and all ics claims w ith respect to the properties of the
obligatory interest from Ju ly 1,1897, to Ju ly 1. 1900; Colorado Midland, the holders of the Four Per Cent Consoli­
3 per cent from Ju ly 1, 1900, to Ju ly 1, 1902, and dated Mortgage Bends shall release all claim upon the guar­
4 per cent thereafter, with scrip convertible into anty of the Atchison Company upon said bonds, and the
Preferred Stock for so much of non-ob ligatory in­ adoption of this plan shall confer full authority upon the
Committee to make, execute and deliver, on behalf of all de­
terest as shall not be paid in cash.
$500 in new Four Per Cent Non-Cumulative Preferred posited consolidated bonds, such instruments as may be
requisite to effect such release.
Stock,
The agreement accompanying the plan is to be considered
2. Each $1,000 Four Per Cent Consolidated Bond, with all
unpaid coupons attached, on which there shall be paid to as a part of this plan.
S TIM M A R T.

COLORADO M IDLAND RAILROAD CO.

7 tit le S h o w in g E x is tin g S e c u ritie s a n d P ro p o sed N ew S e c u ritie s.
E x is t in g I s s u e s .

P r o p o s e d I s s u e s a n d t h e ik D is t r ib u t io n .

100
B o n d s .

P r in c ip a l.

In t e r e s t .

T o

$6,250,000
•1,886/000

O b lig a t o r y

b e

a c q u ir e d :

6% F irs t M ortgage B o n d s.......
4% Consol. M ortgage B onds...
T o

b e

a c q u ir e d :

$375,000
195,440

Y e a r s

F ir s t

4%

M o rtg a g e

C o ld

B o n d s .

*6,250,000
1732,900

N o n - C u m
t iv e

4°6

f e r r e d

O b lig a t o r y

u la ­

P r e ­

S to c k .

C o m m o n
S to c k .

$3,125,000 .......................
1,465,800 $3,420,200

In te re s t ,
F ir s t

Y e a r.

$125,000
29,316

O b lig a t o r y
In t e r e s t ,
F o u r t h

Y e a r .

$187,500
29,316

O b lig a t o r y
In t e r e s t
S ix t h

,

Y e a r .

$250,000
29,316

19,740

304.000

152,000

18,415

12,160

12,160

1,250,000
108.000

B usk T u n n el B o n d s............
8% A spen S h o rt L ine B o n d s..

87,500
8,640

1,250,000
108.000

612,500
54,000

50,000
4,320

50,000
4,320

50,000
4,320

($12,798,000

T o ta ls.........................................

$686,320
145,000

$8,644,900

$5,409,300

$227,051
145,000

$283,296
145,000

$345,796
145,000

E x is tin g A n n ual C harges............

$831,320

$372,051

$428,296

$490,796

304.000

6 an d 7 % E q u ip m e n t B o n d s...
T o

b e

s e t a s id e f o r :

7 %

$3,420,200

P r oposed A n n u a 1 C harges,

■B earing 2 p e r cen t o b lig ato ry in 'o re s t for tlie first th re e y ears, 3 p er cen t obligatory in te re s t for the follow ing tw o years, beginning J u ly
1 ,1 9 0 0 . and 4 p e r cen t o b lig ato ry in te re st th e re a fte r, sc rip convertible in to p re fe rre d stock, to be given for in te re s t n o t p a id in cash d u rin g
th e five years en d in g J one 30, 1902.
i F o r 15 p e r cen t cash assessm ent. T hese andiall follow ing 4 per ce n t F irs t M ortgage Bonds b ear fu ll 4 p e r oent in te re s t from J u ly 1 ,1 8 9 7 .

the road is completed the bonds pledged as collateral can be

Pecos Valley Ry.—Pecos Valley & Northeastern RR.— sold at a price which will realize a sum of m iney in excess of

R e o rg a n iz a tio n P la n . — Practically all the bonds and stock of

the Pecos Valley Ry. Co. have been deposited with the Cen­
tral Trust Co, under the reorganization plan. The original
plan has been chsDgfd eo that the old bondholders are to
receive for each $ 1 ,0 0 0 bond $ 1 ,2 0 0 in preferred stock and
$600 in common stock of a rew company to be called the
Pecos Valley & Northeastern. The new capitalization will be
$3,162 0 00 each in fi st mortgagee per cent bonds, preferred
stock and common stock. The plan contemplates an exten­
sion of the road from its present terminus at Roswell, N. iVL,
to Washburn, Texas, a distance of 208 miles. A t Washburn
the road will connect with the Atchison and the Union Pac­
ific Denver <$T Gutf systems. To build this extension $2,790,000 of the bonds will be issued, leaving $372,001) in the com­
pany’s treasury for future requirements. The new bonds
will cover ihe entire 372 miles from Pecos to Washburn,
beiDg at the rate of $3 500 per mile. The extension is to be
built by the P>c<s Railway Construction and Land Co., which
is to receive $2,790,000 bonds, $346,800 preferred stock and
$1,754,400 common stock.
The Construction Co. has
arranged to borrow $1,600,000, for which it will issue its twoyear six ptr cent no es, secured by a deposit with the
Central Trust Co. of $2 540,000 of the new bonds, and pre­
ferred stock and common stock. It is believed that when

the cost of the road. Any such excess is to be turned into
the treasury of the railroad company.— -V. 62, p. 1088.
Reading Company.— A d d itio n a l G eneral Js L is te d . — There
were added to the New York S ock Exchange “ list” this week
$6,874,000 general mortgage 4s, issued in exchange for old
Coal & Iron bonds. The total 4s now on the list amount to
$57,243,000, and additional bonds up to a total o J $62,419,000
may be listed from time to time as issued.— V. 64, p. 1043.
Rio (Iratide Western K y.— U ta h C e n tra l A r r a n g e m e n t .—
Reg rding the dispatch from Safi Lake City on Thursday that
the Utah Central RR (see C h r o n i c l e of April 10, page 7 13.) had
been purchased by the Rio Grande Western for about $325,000,
the Rio Grande officials say that the Utah Central was sold
under foreclosure recently, and certain negotiations have
sinoQ been going on between the purchasers at that sale an'i
the Rio Grande Western which are expected to result among
other things in an agreement f s to mutual traffic interests for
the remainder of the year. The Utah U n tra l will meanwhile
probably continue in charge of present Receiver, Mr. Carey of
New York, and whether this arrangement will result iu an
ultimate ownership of the p r petty by the Rio Grande West­
ern is a matter to be determined.— V . (14, p. 954.

1228

THE CHRONICLE.

fVoL. LXIV.

H orJtlii A W estern H y.— L is tin g .—O a th e
'£ h z < & c ru x m e rc ia l j i n x e s .
jjrK V rk St k F.xchwK® w ere list -d title week $1,780,000
fir*t u:.'>:frul <n >r i;<ute gold 5« issued to provid > to r a like
•m ouit- of A tlantic & O ill RR consol, 7s due J u ly 1.
COMMERCIAL
EPITOME
Tfnonotl i m ortgage is for $8,500,000 a n d bonds to
tl», -im *i! : u *i
o»J) wore iasusd, b earin g 8 pec c e n t inF r i d a y N ig h t , J u n e 25,1897.
tor. ; ttie $1.78 1004 j Ht listed bear only 5 par c a n t in te re st,
The general business situ a tio n h as co n tin u ed to ste a d ily
•n
ir d o ic wi Is * c o n tra c t m a d e w ish th e m o rtg ag e
tf iu 'w . *nd to . oonds an I coupons are so sta m p id. The brig h ten . M erchants, w ith few exceptions, express h o p e fu l­
balance <>f te e u>r»l i-x te, $684,000, a re hel I in tr u s t to pro- ness over th e fu tu re prospects for tra d e . Advices received
1 ,,!,- for a iik • a a i iunt of S iu '.h G eorgia & F lo rid a bonds fro m W ash in g to n in d icate th a t it is on ly a question of a few
m aturing in IS-<9 —V. 64, p 934,
w eeks before th e tariff bill w ill be disposed o ', and w ith th is
Son to S'de E levated R it (Chicago). - B o n d s A u th o rize d —
o n i i.ot ; v ‘hi- stock holders a u th o riz -d a m ortgage to cover troublesom e m easure o u t of th e w ay, a t least for a tim e, th e
$ 1,:.
i. n y ear 4>| p e rc e n t bonds, Bui $750,000 of th e gen eral business c o m m u n i'y feels as if a w eig h t will h a v e
been lifted from its shoulders. C onsequently th e general a p a th y
bend- .! ■ to be issued and th e m oney realized on th e ir Bale, w hich has existed in business circles g en erally for a co n sid er­
to g .iiu r w hh the rush on hand and th e $100,000 still held by able; period of tim e past is now stead ily disappearing. O wing,
the Ms,5 . r in C hancery, w ill be used to build th e extension to
the b o p , en-et the com pany’s pow er house, a n d change th e how ever, to th e season of m id su m m er dulness, an d v acatio n
tim e being a t b a n d , th e re is c o m p arativ ely little business
ixu ti-.i t - wer from steam to electricity. The bonds have been a c tiv ity a t present, b u t th e outlook for th e fall tra d e is u n m is ­
m id , it is- said, to the Illinois T ru st and S avings B ank. The ta k a b ly fo r b etter business. C rop prospects have been rerusting* m o ! hopes «o save $ 100,000 a y e a r in its o p e ra tin g exorted as gen erally fav o rab le fro m all sections, an d they too
pens* s by the change to elec tricity .— V . 64, p. 848.
ave th e ir beneficial influence upon th e g e n e ra l situation. T h e
T n in < - - e C e n tra l R a ilw a y .—N ew C om pany.—The Tenn- en gagem ents of gold fo r ex p o rt this w eek have been m o d er­
t p f , r . i tra! R .B road w as sold a t Croesville on T hursday to a te ly larg e h u t th e y h av e had little or no influence.
Co!..l* r* B axter (or $125,000.
T he new com pany, th e TennL arg e sales h av e been ru m o re d to th e C o n tin en t of p rim e
e-set tV n r a i R ailw ay, has been g ra n te d a c h a rte r to con- W estern lard. O fferings h av e been lim ite d and prices have
b. h k -i its lin - fiom a p o in t on th e C linch R iver, n e a r K in g s­ advanced, closing firm a t 4 '10c. P rim e C ity has also advanced
ton, Tenn., to N ashville. The cap ital stock is announced to and closed firm a t 8 -65o. Refined fo r the C o n :in en t has been
he $2u,i W per tm l- on th e com pleted ro ad . The in co rp o r­ firm er h u t q u iet, closing at4 '4 5 c . No business has been tr a n s ate r- are Jere B ax ter, of N ashville; R. L. M orriss, W . K. ‘ acted in th e local m a rk e t for lard fu tu re s, b u t n o m in al q u o ­
E js u n a n , H ,1. H n ry an d Ja m e s W ood, J r . The old road tatio n s have advanced in response to stro n g e r advices from
was parBy tu ilt frum L ebanon to S tan d in g Stone 8nd i t is th e W est, w h ere sh o rts have been activ e buyers to cover c o n ­
in u i d. it i“ c- n iplete a line betw een K nox v ille and N ash­ tra c ts. T he close w as Bteady.
ville.—V. 64. p. 1002.
DAILY CLOSING PRICES OP LARD FUTURES
U nion Pacific It j .— P lan D eclared O perative.—fn accord­
S al.
Mon. T u ts .
W ed. T h u r .
Fr%.
3-95
4 00
................................
ance w ith In* rcoraat ization ag reem en t lim itin g th e tim e to J u ly ...................................... 0. 3-90
Ju n e >0, 1897, w ithin w hich th e plan should be declared
B usiness in th e m a rk e t fo r po rk has been q u iet, b u t values
operative, ibe com m ittee have announced th a t th e p lan is have held stead y , closing a t $8 35@9 00 fo r m ess, $9 00@10 75
o perative.—V. 64, p. 1048.
fo r short, clea r an d $9 25@$10 35 fo r fa m ily . Cut. m eats
West in* house E le c tric & M a n u fa c tu rin g .—.Large Con­ h av e had a fa ir sale a t h ig h er p rices, clo sin g firm a t
tract.— A con tr a d has been a w aid ed by th e S t. L aw rence
fo r pickled hollies, 42@10 lbs. av erag e, 5U£c.
r , . « . r Co. to the W es inghouee for th e construction of fifteen fo r pickled shoulders an d 9@9U0. for pickled haras.
5.0(H) horse power generaD-rs a t Massena, N. Y. The co n tra c t B eef has been u n ch an g ed and stead y a t $7 50@8 00 for m ess,
is said to be w- rth nearly $ 1, 000,000.
$8 00@9 00 for p acket, $9 00® 10 00 fo r fam ily a n d $13 00@
JHrith mi —The usual q u arte rly dividend of 1% per cen t on 13 50 for e x tra In d ia m ess. Beef h a m s h av e ad v an ced to $24.
th e preferred stock is payable J u ly 1.
Tallow has bad an activ e sale a n d th e price h as ru led A rm ,
D irectors. A t the a n n u a l m eeting on W ednesday th e fol- ; closing a t 3%".
O leo-stearine h as been in m ore active
S ik h ,, directors were ele c te d ; C harles F rancis A dam s, d em an d a n d h igher, closing firm a t 4 ^ 'g 4 J ^ c . L ard ste a rin e
L mu-i B um inter. August B elm ont, N. W . Bums ead, A. M. has been firm at. 5J^c. for City. C otton seed oil has a b e tte r
Byers, Marcelius H in 1*y, George W, H ebard, H en rv B. H yde, sale a t steady prices, p rin cip ally fo r expjrfc, closing a t 23J^c.
Bray ton Ives, G eorge W estinghouse. Jr. Tne P re sid e n t’s fo r p rim e yellow . B u tte r has h ad a fa ir sale a t steady prices,
rep o rt is given on a previous page.—Y. 6S, p. 3 '.
closing at. ll@ 15c, fo r cream ery . Cheese h a s been q u ie t a n d
W h eelin g A L a te E rie tty .— Lake E rie D ivisio n Com- easier a t 7@gl^ c . fo r S ta te facto ry , full cream . F resh eggs
m ittit —The follow ing com m ittee has been form ed to p ro te c t h av e been dull and w eak er a t 10J^@10%c. fo r choice W e ste rn .
the comm* n in terests of L ik e E«ie Division first m o r tg a g e 1 Coffee of B razil g ro w th has so ld .-lowly, a n d as (he offerings
boDdh*-ld*-rs; George Coppell, E d w ard N. Gibbs, F red eric have been free, ow ing to large stocks, prices have w eakened,
Cromwell and Joe) B. E rh a rd t.
closing easy a t 7J£c for Rio No. 7 on th e spot and 6J^o., c. i f.
The com m ittee represents no in terests in th e p ro p e rty e x ­ Mild grades h av e' been d u ll an d easier, closing at 134£c. for
cept the above hoods, and bondholders a re in v ited to deposit good C ucuta and 24;i,,{c. fo r sta n d a rd Ja v a . The sp ecu latio n
their bond* w ith the G u ara n ty T ru st Co., N ew Y ork. See in th e m a rk e t fo r co n tra c ts has been dull and prices have
g ra d u a lly sagged u n d e r m oderate offerings, p ro m p ted by
advert D em ent in an o th er colum n,—Y. 64, p. 1182,
W ilm ington N rw liern & N o rfo lk R y ,- S a te .—Foreclosure large receipts at p rim al points and easier E u ro p ean advices.
i-aiu i - announced to tak e place a t W ilm in g to n , N. C .,o n The close w as d u ll a n d easy. Follow ing w ere final ask in g
Ju ly 15. I be upset price is $250,000 an d each bidder m ust prices.
deposit 5 per cent of th e am o u n t of his bid in cash or $35,000 J u n o ................ 6-80o. I S e p t ................. 7'00e. I Deo................... 7-05o.
J u l y ............... 6-80->. Ort,.................. 7-05o. J a n . .. .............. 7-100.
iu c*r>:tio u ien g ag e bonds of th e road. The road extends Ante
................. 6-90O. I Nov............... 7-05o. I F e b .................
7-13o.
ft, m W i hn if e o n to N ew bern, N. C „ 87 miles. H A, W h it­
R
aw
su
g
ars
have
b
ad
a
lim
ited
sale
a
n
d
th
e
close
w
as
stro
ng
ing. <-f W ilm ington, was appointed R eceiver on M arch 15,
- • V.tks.p 1041,__________ _________________
’ a t 3i.^c. bid for c e n trifu g a l. 96-deg. test, a n d 3c. bid fo r
m uscovado, 89 deg. test. Refined su g ars have boon in m o d ­
- ;i ,r< i • A f
of New Y ork, C hicago an d Boston, erate req u est and prices have ru led firm , closing a t 4%<s. fo r
in Ci-firici-sen w ith the M ercantile T rust and D -posit Co of g ra n u la te d . Spices an d teas h av e b*en d u ll and easier.
B alunu re, - l u r in inv*. ■'tors §1,150,000 5 per c e n t 50-y e a r gold
K e m u c k y tobacco baa had only a lim ite d call, b u t values
t-onri- *ij th e A in.t-a Gas L ight Com pany, N. W ."H arris & have h eld firm. Sales 150 hhds. Seed leaf tobacco has had
Go, «:nU- th a t ttii-s* bonds w ere purchased a fte r a personal a lim ited sale a t firm prices. Sales for th e week w ere 1,150
* x utiioaihm into th e condition of the property and th e earn- c asts, as follow s: 300 cases 1895 croo, Z im m ers, 15@16c.; 200
10H capacity t f *he coin, any. The gross receipts of the c*im- cases 1895 crop, New E n g lan d H a v a n a , 15»22c.; ISO cases
?
** re >237.825. and all expenses w ere *123 618, 1894 crop, W isconsin H a v a n a , 9J£c.; 100 cases 1894 crop,
lvavi* g a in.lance of $115,200 applicable to interest, w hich P en n sy lv an ia H av an a, 12c.; 150 cases 1895 crop, P e n n sy lv a ­
BnsMjtcH to $57,500, giving surplus earnings of $57,708. F a ll nia H av an a. 12-:.; 50 cases I s94 crop, P e n n sy lv an ia seed, li e .;
par. i ‘i.iir - w ill be found in th e advertisem ent.
100 cas s 1894 crop, G -hhards t i c ., a n d 100 cases sundries,
-T fi- C« o n ii N ational Bank declared its sixty-fifth semi* 4@15c.; also 150 b a h s H a v a n a a t 75c, to $110 a n d 50 bales
arr.1,41 tin, id, nd th is w tek and increased the rate from 3 % to S u m a tra a t $1 20 to $1 95 in bond.
S tra its tin has h ad a fa irly larg e sale, alth o u g h a t th e
4 j*: r c*i,i m akitig the annual rate 8 in stead of 7 per cent.
’ ' “ ‘- i - M r , f.d yin L m td .m , is to be co n g ra 'u la te d on close business w as less activ e, closing firm a t 14@1410c.
L arge sales of in g o t copper for ex p o rt fo r fu tu re su ip m e n t
u.< hn*- new horn- and increasing business of Ilia b ank. '
r • H rv ‘.’.v i ■ k & Bobs have issued a circu lar th is h av e been m ade this w eek, a n d th e close w as firm a t llt/g®
llj^ c . for L ak *. P ig lead h is advanced, a n d th e close was
s T ' i . . ’ !; 4 m *.n-v !a c ' regarding the C entral of G eorgia firm a t 8-45@3‘50c for dom estic. S pelter h a s been q u ie t b u t
,
1 8 h> tbi • feature of the circu lar is a double page
®*T , ” ' 1 ™* w hich indicates the lines on w hich the stead y a t 4-25@4'35c. for dom estic. Pig iron has h ad a fair
sale at steady prices, closing a t $9 25@$13 00 for dom es ic.
< r.-rcM.. m ortgage five per cen t bonds are a first lien.
R fii ed petroleum has been easier, closing a t 6-10c. in bbls.,
'
''Iftted T rust Co. of the city of New Y ork has 3'60c. in bulk a n d 6'55c. in cases; u a p b tb a q u ie t a t 5 '50c.
*,;< ■• i t - 2't Broadw ay for the purpose of conducting C rude certificates have been n eg lected ; c re d it balances have
a
T 1 ,. ‘ tnPaoj* business. Mr. H oratio L, O lcott is been low ered to 85c, S p irits tu rp e n tin e has h ad a m od erate
' r 1 m 0 **'l*h Elliot D anforth is T reasurer.
sale, b u t prices have w eakened slig h tly , closing a t 37@27^Jc.
. Lf w hile & Co. advertise in this Issue a list of R obids have been q u iet, b u t ste a d y a t $1
7li fo r co m ­
. tr.-t rauroad ixmds, and w ill furnish descriptive m on an d good strain ed . W ool h as h a d a n active sale a t firm
J pttces on application.
prices. H ops h av e been m o d eiately activ e an d steady.

THE CHRONICLE,

J une 26, 1897.]

1229

In addition to aoove exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
June 25, 1897.
cleared, at the ports named. W e add similar figures for
T h e M o v e m e n t o p t h e C r o p , as indicated by our telegrams New York, which are prepared for our special use by Messrs.
from the South to-night, is given below. For the week ending Lambert & Barrows, Produce Exchange Building.__________
this evening the total receipts have reached 6,054 bales,
ON SHIPBOARD, NOT CLEARED FOR—
against 4.711 bales last week and 8,349 bales the previous
L e a v in g
J u n e 25 atweek, making the total receipts since the 1st of Sept., 1896,
G reat
O ther
C oast­
stock.
Total.
6,637,583 bales, against 5,184,984 bales for the same period of
B r ita in . F rance. F o re ig n w ise.
1895-6, showing an increase since Sep.l, 1896, of 1,472,599 bales.
C O T T O N .

F r id a y N ig h t ,

R eceipts a t—

M on.

S a t.

G a lv e s to n ..........
T ex . C ity , Ao.
N e w O r le a n s ...
M o b ile ................

Wed.

Hues.

T h u rs.

47
......
675

86
......
148
3

93
......
1,9 4 9
1

396

3

99

641

52

2

2

1

1

8

34

32

76

15
P t. R o ya l, &c.
W ilm in g to n ___
N o r fo lk ...............
N e w p o rt N .,& e.
40
P h ila d elp h ’a,&o

215

36

X ot'ls th is w eek

1,045

415

171
5

F r i.

T otal.

72
..........
287

102

796

5
7

3,2 3 3
16

49

35

8 79

254

222

26

2 99

25

27
3 22

8

23

148
23
311

223

6.0 5 4

60
1,1 0 0

2 ,7 9 5

476

The following shows the week’s total receipts, the total since
Sept. 1,1896, and the stock to-nlgnt, compared with last year.
R eceip ts to
J u n e 25,
G a lv e s to n ...
T e x . C., Ac.
N e w O rleans
M o b ile ..........
F lo r id a .........
S a v a n n a h ...
B r’w iok, <fcc
C h a r le sto n ..
P. R oyal,A c
W ilm in gto n .
W ash’n.Ao.
N o r fo lk ___
N ’p o r tN .,A c .
N ew Y o r k ...
B o sto n .........
B a ltim o r e ..
P h ilad el.,& c.
T o t a ls ____

1896-97.

Stock.

1895-96.

T h is S in c e Sep.
W eek. 1 ,1 8 9 6 .

T h is S in c e Sep.
W eek. 1, 18 9 5 .

796 1 ,3 3 9 ,6 2 5
1 1 2 ,751
3,2 3 3 2 ,0 6 6 .5 8 2
16 2 9 2 ,0 6 0
8 7 ,7 0 3
8 7 9 8 3 9 ,2 5 1
1 7 7 ,2 8 6
299 3 9 8 ,2 8 8
7 3 ,5 9 5
27 2 3 4 ,4 5 5
857
3 2 2 7 0 3 ,3 6 4
1 8 ,6 1 1
4 8 ,2 3 0
148 1 5 8 ,4 3 2
23
6 1 ,9 2 0
4 4 ,5 9 3
311

273 9 2 6 ,1 4 3
26 1 1 2 ,4 6 9
7 ,7 7 3 1 ,7 4 4 ,5 7 9
13 1 9 5 ,6 9 9
3 3 ,7 5 3
1,114 7 5 0 ,2 5 9
234 1 1 6 ,2 0 5
212 2 7 9 .9 4 7
2
7 7 ,2 4 4
12 1 7 0 ,8 8 8
767
184 3 3 7 ,0 4 9
193 1 6 9 ,2 5 6
5 3 ,1 4 7
435 1 2 5 ,4 8 3
68
4 8 ,6 7 0
4 3 ,4 2 6
296

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

10,8 2 5 5 ,1 8 4 ,9 8 4

1897.

1896.

7 ,0 5 4

1 1 ,293

4 2 ,9 3 3
4 ,1 2 9
13,6 5 1
1 ,3 1 7
17,572

7 3 ,3 8 0
4,0 7 8
.....
8,8 1 7
1.1 5 7
1 1 ,3 4 4

3 ,4 9 2

4 ,9 5 8

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

7,341
50
1 1 2 ,8 0 4
9 ,0 0 0
9,7 3 7
8.6 9 7

2 1 5 ,3 2 4

2 6 2 ,9 4 6

In order that comparison may be made w ith other years, we
give below the totals at leadingports for six seasons.
R eceipts a t—

18 9 7 .

1896.

1894.

1895.

1893.

18 92.

482

299
7 ,7 7 3
13
1 ,1 1 4
214
12
184
193
1,0 2 3

317
856
43
573
182
102
96
231
3,8 2 3

1,0 8 3
6 ,3 7 0
54
1,737
128
14
214
108
3 ,0 9 8

1,261
7 ,5 6 2
83
2 ,7 2 4
340
38
3 ,0 0 2
315
4 ,6 1 3

1,459
5,629
233
1,102
2 68
275
8 32
1 ,3 5 0
5 ,3 2 6

6 ,0 5 4

10,8 2 5

6 ,2 2 3

1 2 ,8 0 6

19 ,9 3 8

1 6 ,474

G a lv e s ’n Ac.
N ew O rleans
M o b ile ..........
S a v a n n a h ...
C has’to n , A c
W ilm ’ton.& c
N o r fo lk ........
N. N e w s, Ac.
A ll o th e r s ...

796
3 ,2 3 3
16
879
299
27
322

Tot. th is wk.

N ew O r le a n s...
G a lv e sto n .........
8 a v a n n a h ..........
C h a r le sto n . . . .
M o b ile ...........
N o r fo lk .............
N ew Y ork ..........
O ther p o r ts ___

1,128
N one.
N one.
N one.
200
N one
2 ,2 5 0
1 ,2 0 0

4 ,8 2 3
N one.
N one.
N one.
N on e.
None.
600
N one.

4,069
1,212
None.
N one.
N one
100
1,700
1,000

4,778

5,423

8,081

1,7S9

20,071

195,253

6,748
14,355

1,514
635

21,478
1 4 ,9 3 7

5,089
3,9 3 3

34,829
3 3 .8 6 0

2 2 8 ,1 1 7
3 8 4 ,3 0 3

Speculation in cotton for future d> livery has been slow,
and at the close prices show a slight decline. E ir ly i the
week there w»s an advance, principally on a demand from
shoits to cover contracts. Subsequently, however, favorable
crop accounts and general selling resulted in a decline. Sat
urday the market advanced a few points in resp nse to
stronger foreign advices and buying by local operatois to
cover short sales Monday the mark*" was again stiot ger,
particularly for August contracts, which showed an advance
for the day of 9 p ints, as the buying was center d lar ely in
this mo th and appeared to come principally from shorts, to
cover contracts; other momlis advanced in sympathy closing
1 to 5 points higher for the day. There was an easier
turn to the market on Tuesday. The weekly report of the
Government’s Weather Bureau was favorable, and advices
were received from Texas indicating an early movement of
the new cron ; this prompted selling, under which prices de­
clined, closing 3 to 7 points lower for the day. The market
on Wednesday was again lower. Advices from the English
; markets, which had been closed Monday and Tuesday in ob­
servance of the Queen’s Jubilee holidays, were disappoint­
ing ; in fact some selling orders were received from abroad.
Crop accounts continued favorable, and there was selling by
local operators, principally to liquids e holdings. The close
showed a decline in prices cf from 7 to 9 points for the day.
Thursday the market opened at an advance of 2 to 4 points
in respons-to slightly stronger advices from Liverpool due
to a fairly active spot business, but as the crop news from
the Sou'h continue ! favorable and the buying power lacked
force, prices gradually sagged and the close was unchanged
to 1 point lower. To-day the market was lower for the near­
by deliveries, under liquidating sales by longs, hut the dis­
tant deliveries held steady, closing at 6 to 7 points decline
for this crop and unchanged lo 1 point lower for the next.
Cotton on the spot has had only a lin ited sale; prices ad­
vanced 146c. on Saturday and Monday, but declined l-16c.
on Wednesday and Thursday. The close was steady at 7%c.
for middling uplands.
The total sales for forward delivery for the week are
414,806 bales. For immediate delivery the total sales foot
up this week 8,309 bales, including 3,79! for export, 3,418
for consumption,------ for speculation and 1,1 0 on contract.
The following are the official quotations for each day of the
past week— June 19 to June 25.
On the basis of the rates on and off middling as established
by the Revision Committee, the prices for a few of the
grades would be as follows:________________________________
U PL A N D S.

S a t.

G a l v e s t o n ........
T e x . C ity , A c ..
N ew O r l e a n s . .
M o b ile ..............
P e n s a c o la —
S a v a n n a h ....
B r u n s w i c k ....
C h a r l e s t o n ..
P o rt R oyal —
W i l m ln t r t o n ...
N o r f o l k ...........
N 'p o r t N ., A c..
N ew Y o r k ____
B o s to n .............
B a l t i m o r e - . ..
P h ila d e lp h ia ..
8 . F r a n .. A c ....

G re a t
B r i t 'n . F ra n ce
2.106

5,353

3.C17

1
1,554
331
225

425

3.424

2,406

741,291 201,591

8,405

833.240 422,280
143,179
60,732
48,263 15,334
103 347
78,322
71,600
95,431
148,320
5,200
9,653
324 002 30,003
228,212
80.702
8,797
10 497
3,264

1
5.403
331
643

C o n ti­
n e n t.

T o ta l.

283,806 1,220 748
21,793
21,798
677.686 1,933,200
37,120 180,299
72,350
5.618
372,543 430,140
21,739 125,136
191,8-9 270,211
71,000
111,363 206,794
46,551 200,074
1,128
10,781
271.310 081.331
3,476 231,717
79,221 168,720
10947
450
58,995
56,731

ST A IN E D .

63t
7%
734
8 716
8=8

Th.

F r i.

7h3
7%
8%
87X6
9

8
§Zl8
834

S a t.

7%
7%
8hs
S716
9

8^8
81*,6

7
75g
8
8 6’ (K
8%

M on T ue*

W ed

T il.

F r i,

65s
7h>
72 3
7 7s

69 6
7V
719„.,
713,0

6h3
7%

6ia
7%
7 1732
734

69ie
6=9
77 ib 7ia
71 %2
713lf< 7 7s

7 'ie

7173.
" 3.

7

759

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also a d d
a column which shows at a glance how tne market closed on
same days. _______________________________ __________ _
8ALES OF SPOT AND CONTRACT.
8POT MARKET
0LO8ED.

7,561

425

9,200

17.189 2,986,085 689,205 2,181,547 6.856,837

T o t a l . 1896-96.

8.586

500

17,727

26.813 2,186.619 464.449 1.802,785 4.453,883

T otal___

100

F r i.

M on T u es W ed

67e
7ia
7 78
8 18
8%

m arket an d sa l e s.

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

100

111.

613,0 63,
73s
7 7,8
T ,3n 7 3 ,
Sie
81,6
S ‘1,6 85s

S a t.

M id d lin g .....'..................................
S trict M id d lin g...............................
Good M iddling T in g e d ...............

Sat’d a y .
M onday.
T uesday
W ed’day
Th’d a y ..
F r id a y ..

318

W ed

678
7ia
T>8
83 ,6
8%

M iddling............................................
Good M iddling................................
M iddling F a ir ..................................
G U L F.

i l l O il r u e s

613,.
77. e
T «I.
8%
8 U ,s

Good O rdin ary...........................

F ro m S e p t 1, 1896, to J u n e 25. 1897
E x p o r te d to —

G re a t
C o n ti­ T o ta l
n e n t . W e e k . B r it a in . F r a n c e

3 2 ,8 3 1
5 ,3 3 5
1 3 ,651
1 7 ,1 7 2
3 ,9 2 9
2 ,6 6 8
9 9 ,8 2 3
1 9 ,8 4 4

T otal 1896
T otal 1 8 9 5 ...

The exports for the week ending this evening reach a total
7L.S
o f 17,183 bales, of which 7,564 were to Great Britain, 425 Low M iddling'................................
to France and 9,300 to the rest of the Continent. Below are M iddling .......................................... 8s il il16
s
83s
the exports for the week and since September 1, 1898.
815,0
M iddling FairV...............................
W eek E n d i n g J u n e 25, 1897.
E x p o r te d to —

1 0 ,102
1,719
None.
4 00
200
90 0
4 .5 5 0
2 ,2 0 0

T o ta l 1 8 9 7 ..

S in c e S ep t. 1 6 6 5 7 .5 8 3 5 1 8 4 ,9 8 4 7 8 3 8 ,4 9 5 5 8 8 3 ,6 5 7 4 9 9 4 ,3 1 2 7 0 4 9 ,3 2 3

E x p o r ts
fr o m —

82
507
N one.
400
N one.
80 0
N on e.
N one.

F irm a t
adv.
stead y a t i]e a d .
Stead y ..............
Q uiet a t 11e dec.
Q’t& a t’y , h e de.

E x­
p o r t.

Oon- Specsum p. uVVn

1,6*89
718
5 80
545
859

123
568
788
711
176
1,052

3,791

3,418

Oon
tract.
7 00
4 00

....
—

1,100

Tot*l.

S a le s o f
F u tu re s .

123
2,357
1.906
1,291
721
1,911

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

8,309

4 1 4 ,8 0 0

M ovement to J u n e 25, 1897.
Receipts
S h ipm ’ts Stock
T his
Since
This
week. Sept. 1,’96
week
*

T o w ns .
E n fa u la ,
ALABAMA..
M on tgom ery,

Selma,
“
H elena,
A rkansas .
L ittle Rook,
Albany,
G eorgia ...
Athens,
A tlanta,
«
Augusta,
"
Columbus,
11
Macon,
«
Home,
<■
Louisville,net K e n t u c k y .
Shreveport, L o u i s i a n a .
Columbus,
M is s is s ip p i.
Greenville,

M eridian,
N a te h e z ,
V icksburg,

Yazoo c ity ,
St. Louis,
Charlotte,
R aleigh ,

Cincinnati,
Colum bia,

Greenwood,
Memphis,

M is s o u r i. .
N .O a h o l in a

u

O h i o ..........1 !.
8 . C a r o l in a

N a sh v ille ,

i i ^ m
t n w
oo® aoco « to a?oo

0®

1; 0

M a rk et, P ric e s a n d
Saltis o f
FU TU RES.

1 l*
| £
i ^
! 55
;i
jg
! # 3
g .5

m k*
I ?

if
«
7-4
j 6

|

Jj*

M a r k e t,
Range and
T o ta l S ales.

D A IL Y
J u n e.

J u ly .

E asier.
A v ’g e .. 7*30 A v ’g e .. 7*38
7 4 ,3 0 0
600
5 ,7 0 0
8 * 8 3 * 7*44 7 * 3 8 » 7*42 7*33 0 7*44
y u le t.
7*36— 7*38 7*37— 7*38

W edn'd’y, J u n e 2 3 —
L ow er
A yfge
S a le# , to t a l.. . . . . . . .
7 2 ,2 0 0
Price** paid (range) 0 -7 7 # 7-37 — f i L
C lo s in g ...... . . . . . . . .
S tea d y ,
7 '2 8 — 7 ‘30

5 ,8 0 0
7*29 0 7*37
7*29- —

T h u rsd a y , J u n e 2 4 —
E asier.
Saloe, to ta l. . . . . . . . .
5 3 ,9 0 0
P llo e s paid (range) 0* 7 8 # 7*34
d o s in g .... . . . . . . . . . ,
S tea d y .

3 ,0 0 0
7*27*0 7*34
7 * 2 8 - 7*29

F rid ay, J u n o 2 6 —
Sale#, t o t a l . . . . , , . . .
J * f l p « k i 4 (range)
C80* itig ..... * . . , . .

6 a iea »ino# S ep, |

T exas ..........
“
** .*■'

Total, 81 t o w n s ...: ...

A u g u s l.

S eptem ber.

P R IC E S
October.

AND

.
fir m e r .
A v ’g e . . ------ A v 'g e .. 7*35 A v ’g e .. 7*32 A v ’g e .. 7*07 A v’g e .. 6*90
4 5 ,8 0 0
4 ,0 0 0
1 8 ,100
4 ,0 0 0
7 ,2 0 0
6*83® 7 39 — ® ” —
7*33® 7*39 7*27® 7*36 7*0*’ ® 7*10 6*86® 0*9*2
Very ste a d y . 7 * 3 9 - 7*40
7 * 0 9 - 7*10 6*91— 6*92
M onday June 21—
S tron ger. A v’g e .. it i O A v ’g e .. 7*41 A v ’g e .. 7*40 A v ’g e ., 7*14 A v ’g e .. 6*93
Salon, t o t a l.............
9 7 ,6 0 0
, 500
10,900
4 0 ,6 0 0
1 0 ,6 0 0
9,4 0 0
Price# p a id grange) 8* 8 7 « 7*46 7*40® 7 * 3 0 0 7*46 7 * 3 1 0 7*45 7*10® 7*16 6*90 it) 6*95
C lo sin g .....................
S tea d y .
7**3— 7 44 7 * 4 3 - 7*44 7*13— 7*44 7*14— 7*15 6 * 9 4 - 6*95

T^&inbi talon th is ffoa#
A r w a g o prtee, w«eit
I

W5 < W u
^ iO
®®p

S a tu rd a y , J u n e 1 9 Saiea, total*. . . . . . . .
Price# p a id grange)

T u esd a y , J u n e 2 2 —
S a le s, to ta l.........
Price# paid (range)

it jU
l b s

Brenham,
B alias,
H ouston,

SALES

N ovem ber.

OF F U TU R E S
D ecem ber.

FOR

3
116
17
5

15,492
128,726
69,169
50,573
20
38,796
8
32,423
5
56,659
39
131,138
80
282,641
9
45,210
..........
60,809
63,123
19
7,938
103,119
81
34,082
____ ,
57,5*0
29
41,420
24
61,015
116
81,057
......
59,421
3,170
541,470
no 23,287
79
20,968
1,444
302,314
580
37,451
16,338
837
557,810
2
27,738
84,557
52,660
508 1,317,962

M ovem ent to T u n e 26, 1896
•Receipts.
S h in in 'k Stock
T his
Sitice
This
week. Sept.1,'95
week. J u n e 26.

7
783
393
411
862

i
42
11

110

34
230
652

132
47
8,428
973

18
488
391
1,874

143
14
550
16
150
80
95

88

900
141
1,103
5,180
850
20,371

2

5,493
no
85
1,616
580

7,301 4,432,653 j 2 2 , 1 1 1

23
5
. . . __

lie

451

1,020

3*1
080

15
100
2*2
..........
......

1,099

**125

17,258

20

312
21
......

1,616
53
98
1,749
300
29
627
31
30

"3 4 1
3,524

8,961

...

25
3
4b

61,319

5,615 3,620,132

Ja n u a ry.

A v’g e .. 6 85 A v ’g e .. 6*89 A v ’g e .. 6*93
4,3 0 0
7 ,1 0 0
1,1 0 0
6*83® 6*88 6*85® 6*91 6*91® 6*95
6*87— 6*89 6*90® 6*91 6 * 9 4 - 6*95

6

335
26
r.r

56
533
604
*201

” 430
39
140
9
25
315
163
335
2,016

225
1,342
736 J5
<* K 3
906 i 7 s ' S «
4,721 a ' s p «
291 §
§
w
2,830 5 o
2.204
7,203 S a: §
3,312 'E S S 4 13
2,517
'821
101
2 ,0 0 0

§3
136 -c
775 s ! s j s *
2,400
£gl
1,655
4,083
2,936 I s l l
29,611
78 oo o «e «
950
3,760 i f i i f s

24 8
1,887
300
29
5,222
31
125

S50
20,678
218
1,740

3,274

4,265

*• ’2?

1 © B r 1 >4

i©
cC k*,-** a
S; -m

1

1 -Sc®

*b «

j-JjB

16,355 102,008 1

w ©&©

E.

F ebruary,

M arch.

A p r il.

A v ’g e .. ------ A v ’g e ..-

— ® -— a * ”—
6 - 9 7 - 6 99 7*00— 7*02

-

_

M ay

*IA v ’g e ..

®*

A v ’g e .. 6*89 A v ’g e .. 6*91 A v ’g e .. 6*95 A v’g e . , ------ A v’g e .. 7*02
Av’ge. . 8 ,8 0 0
9 ,6 0 0
3,9 0 0
300
6*87® 6 91 6*39® 6*94 6*93® 6*98 —
6*99* 7 04
6 * 8 9 - 6*9u 6 * 9 2 - —
6 9 6 - 6*97 6 ’99— 7*02 7*02— 7*04
A v ’g e .. 7*37 A v ’g e .. 7*12 A v ’g e .. 6*81 A v’g e .. 6*36 A v 'g e .. 6*90 A v 'g e .. 6*93
3 2 ,2 0 0
9 ,9 0 0
5 ,8 0 0
2,9 0 0
10,200
(0
I0o f
7*33® 7*44 7 * 0 8 « 7*15 6*88® 6*95 6*83® 6*89 6*80® 0*91 6*90 0,5
® 0 S»8
7*30— 7*37 7 * 1 1 - 7*12 6 * 9 0 - 0*91 6*85— 6*86 6 * 8 8 - 6*89 6 * 9 1 - 6*92 — ■» 6*981 — „ .
6 9 5 - 8*96 6 * 9 9 - 7*00
i
A v’g e ., 7*31 A v ’g e .. 7*06 A v ’g e .. 6*86 A v ’g e .. 6*81 A v’g e .. 6*84 A v ’g e .. 6*88
A v’g e ..------- A v’g e . 6*97 Av’g e ..2 7 ,6 0 0
8,2 0 0
7,9 0 0
7 ,1 0 0
7,5 0 0
7 ,5 0 0
.........
600
" ..
7 * 2 7 0 7*37 7*023* 7*10 6*82® 6*90 6*77® 6*85 6*80® 6*88 6*85 » 6 01
6*95® #119
— ft
7*28— 7*29 7 * 0 2 - 7*03 6*82— 6*83 6 * 7 8 - 6*79 6*81— 0*82 6 * 8 4 - 6*85 — » —

8*87— 6 ‘gi)i 0 * 9 1 - 8*93

•» J . S P8SX3-C

llf tl

- A v ’ge..-----

A v ’ge.,

A v ’g e .

—

t g = 3 ^ - ^
sS®
w *

S S S f^

U llfe

IliN

Sagb a al

A v ’g e .. 7*30 A v’g e .. 7*04 A v ’g e .. 6*84 A v ’ge. 6*80 A v ’g e .. 6*83 A v’g e . . 6*87
A v’g e ..- -----1Av’ge..
A v'ge,.------ Av'ge.
17,900
8 ,7 0 0
6 ,9 0 0
3 ,6 0 0
6 ,7 0 0
00
7*27*0 7*84 7*02 0 7*07 6*82® 6*86 0*78® 6*83 6*81® 6*85 6*85 4®.1 8*89
7*2H— 7*29 7 * 0 2 - 7*03 6 8 3 - 0*84 6*79— 0*80 6 * 8 1 - 6*82 6*85— 6*861
6*yoj (I 92 0 -0 4 1
E asier.
A v’g e .. 7*22 A v ’g e .. 7*22 A v 'g e .. 7*24 A v’g e ,. 7*02 A v 'g e .. 6*82 A v 'g e .. 0*78 A v’g e .. a*8;
A v 'g e .. 6*8i.
•| Av'ge, a <H&t;A V*g«..
6 9 ,0 0 0
1,500
13,8 00
2 5 ,4 0 0
5,900
4*000
0
5 ,4 0 0
2 ,3 0 0
300
6* 7 0 # 7*26 7 - 2 1 0 7 2 1 7*20 0 7*25 7*22 0 7*26 7*0O» 7*03 6*80 4®,8 06*44
6*70# 6*80 0* 7 9 » 0*83
~
0 *0 1 #
S tead y.
7 * 2 1 - 7*22 7 * 2 1 - 7*22 7 * 2 2 - 7*23 7 * 0 1 - 7 0 2 6 * 8 2 - 6*83 6*70— 6*80, 0 * 8 1 - 6*32 6*84 9 0*87
6*85— 8*8«|
ai)o
6*»
4 1 1 ,8 0 0
2 ,0 0 0
5 9 ,2 0 0
101,800
4 7 ,3 0 0
28 ,$ 0 0 i
4 2 ,0 0 0
4 0 .6 0 0 1
2 5 .400
100
1 ,0 0 0
T<U
7*33
7 ’# #
7*08
6*88
0*83
6*88
6*01
0 1 )8
0*99
2 9 ,2 9 4 ,0 0 0
7 9 9 ,7 0 0
9 5 8 ,0 0 0
3,04(1.100
3 7 3 .6 0 0
4 3 0 ,4 0 0 1 5 0 8 ,0 0 0 1 6 2 0 ,1 0 0 !
2 9 9 ,3 0 0 1
0 . 1)00
1 1 ,600
— # —
7*28— 7*29

10,391
117,539
31,9 -9
50,598
98,958
20,761
50,304
91,455
174.020
46,967
50,206
51,943
5,987
79,64 6
2« ,470
10,500
33,177
48,063
65,516
53,405
560,583
20,510
21,433
213,229
34,168
!(>,< 15
420,219 :
*21,272
53,87 J
41,130
1,04 R847

,

m .t * S g

S i s M

s« S -2
I g l'fS t
l i p

’3 * 1

J I I

P©

H i If SJ
§I ? S 2 § j

^

,

§

fe©Q ** «

kg
. s v*

*3 # *25 yfZ i

Z =~u
& 6 3 • S-

THE CHRONICLE.

J une 26, 1897.]

Q u o t a t i o n s f o b M i d d l i n g C o t t o n a t O t h e r M a r k e t s .—

Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
CLOSING Q U OTATION S F O R M ID D L IN G COTTON ON—

W eek e n d in g
J u n e 25.

B a tu r.

G a lv e s to n . .
N ew O rleans
M o b ile ..........
Savannah...
C h a r le sto n ..
W ilm in gton .
N o r fo lk ........
B o s t o n ..........
B a ltim o r e . .
P h ilad elp h ia
A u g u s ta ___
M e m p h is ....
S t. L o u is ___
H o u s to n ___
C in c in n a ti..
L o u is v ille ...

73s
7S>18
7=4

7q
712
7»ia
7%
7 7s
81,«

M on.

Tues.

732
712
7%

712

T h u rs.

F r i.

73,8
73,6

7918
79,8
73g
7=8
714
7=8
7=8
713,8
7 78
8
7 \
7H
732
7>2
7=8
732

79,6
79,8
73s
73s

7* 16
7%
73s
7M
70%
73,8
7 7s

714
732
79,8
713,6
r ’s
Sis
73i

73a
7=8

734

7=8
7=8
7 7s
7 7s
83a

7 7s

8 is
7%
732
732
732
7=8

712
712

73s
738
7%
7=8
73s

W ednes.

7 3 ,0

7*8
73s

734

732

712
7>2
7=8

712

712

714

%
7=8
734
7 78
8

70

734
712

732
7=8
732

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
6 7g N a s h v ille ..........

734

L ittle R o o k ....
6 7q
Columbus. Ga.
7>s M o n tg o m e r y ...
7 ^ S h re v e p o r t........
R e c e i p t s f r o m t h e P l a n t a t i o n s . — The following

7* i s

A th e n s ...............

7 7a 1 O olum bns. M iss

table
indicates the actual movement each week from the plantations.
llie figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Week
Ending—
May 2 1 ........
“

2 8 ........

June 4 .......
*• 11........
“
“

1 8 ........
2 6 ........

Receipts at the Ports. S t'k at Interior Towns. Rec’p tsfro m P lant’ns
1897.

1896.

20,632 22,076
J6.152 17.*90
9,851 14,878
8.349 13,277
4,711 14,669
6,054 16,825

1895.

1897.

1896.

1895.

1897.

29,005 112,982 163,017 114.859
2P.020 101.291 147.437 101,628
(9 829 91,172 137,707 86,421
15.527 82.842 120,868 70,155
15.514 70,129 113,648 71,896
0,223 61,319 102.908 67.870

1890.

1,913
4,401

1895.

2,310
5,148

19
7,449
85

6.602
15.789
4.022
5,201
11,257
2,196

The above statement shows; 1 .— That the total receipts
from the plantations since Sept. 1,1898, are 6,598,308 bales; iD
1895-96 were 5,255,192 bales; in 1894-95 were 7,849,030 bales.
2.— That although the receipts at the outports the past week
were 6,054 bales, the actual movement from plantations was
only bales, the balance being taken from the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 85 bales and for 1895 they were
2,195 bales.
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d S i n c e S e p t . 1 .—

We give below a statement showing the overland movement
foi the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as m our regular monthly report, but all
tne principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending June 25
and since Sept. 1 in the last two years are as follows._______
18 9 6 -9 7 .
J u n e 25.
Week.
S h ip p e d —
Via C a ir o ............................................

5 ,4 9 3
392
218

Via L o u is v ille ...................................
Via C in c in n a ti..................................
Via o th er r o u te s. 4 o ......................

330
1,234
316

T o ta l g r o ss o v e r la n d .................
D e d u c t s h ip m e n ts —
O verland to N. Y ., b o s to n , <ko..
B etw ee n in ter io r to w n s ...............
In la n d , <feo., from S o u th ...............

S in ce
S ep t. 1
5 3 8 ,0 8 2
2 6 8 ,801
20,2 4 5
2.5 5 7
1 3 6 .2 0 1 4 5 ,0 4 8
1 1 6 ,3 3 9

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

1895-96.
Week.
2,0 1 6
445
397
992
1,5^3
419

S in ce
Sept. 1.
5 4 4 ,5 1 8
2 4 1 ,9 0 4
19 809
1,681
1 36,573
1 15,565
9 2 ,3 9 6

5,8 2 2 1 ,1 5 2 ,4 4 6

482
36
3,9 4 8

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

789
29
1,044

2 7 0 ,7 2 6
3,6 3 0
51,625

4 ,4 6 6

3 6 5 ,8 8 2

1,8 6 2

3 25,981

3,517
8 6 1 .4 2 8
L ea v in g to ta l n e t o v e rla n d * ..
* In o lu d ln g m o v e m e n t by r a il to C anada.

3 ,9 6 0

8 2 6 ,4 6 5

T otal to be d e d u cted .................

The foregoing shows that the week’s net overland movement
this year has been 3,517 bales, against 3,961 bales for the
week in 1896, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 34.962 bales.
1896-97.
I n S ig h t a n d S p in n e r s *
T a k in g s .
R e ce ip ts a t porta to J u n e 2 5 .........
N et overla n d to Ju n e 2 5 . . . ............
C outhem co n su m p tio n to J u n e 25

Week.

S in ce
Sep t. 1.

6,0 5 4 6 ,6 5 7 ,5 8 3
8 6 1 ,4 2 8
3,51?
1 5 ,0 0 0 8 2 3 ,0 0 0

18 9 5 -9 6 .
Week.

S ince
Sept. 1.

10,3 2 5 5 ,1 8 4 .9 8 4
3 ,9 6 0 8 2 6 ,4 6 5
15,0 0 0 8 0 1,000

T o ta m a r k e te d ........................... 2 4 ,5 7 ] 8 ,3 4 2 ,0 1 1 2 9 ,7 8 5 6 ,8 1 2 ,4 4 9
7 0 ,2 0 8
t5 9 ,2 7 5 * 1 0 ,7 4 0
in t e r io r s to c k s in e x c e s s ................. 114,8 1 0
C am e in to Bltrht d u rin g w e ek .
T ota l in s ig h t J u n e 2 5 ...............

9,761

19,0 4 5
8 ,2 8 2 ,7 3 6

N orth’n sp in n e r s ta k ’g s tojH n e 25 16,1 2 8 1 ,6 4 8 ,2 3 3
* D ecrea se darin g Week.
t L ess th a n Sept. 1.

6 ,8 8 2 ,6 5 7
627 1 ,5 72,755

It w ill be seen by the above that there has come into sight
during the week 9,761 bales, against 19,045 bales for the
same week of 1896, and that the increase in amount in sight
to-night as compared with last year is 1,400,079 bales.

123 L

W e a t h e r R e p o r t s by T e l e g r a p h . — Advices to us this
evening by telegraph indicate that as a rule the weather has
been favorable during the week. In some districts of Missis­
sippi and Alabama and at a few points in Texas moisture is
claimed to be needed, but generally there is no complaint on
this score. As a result of the prevailing high temperature
cotton is growing rapidly and for the most part is fruiting
well,
G alveston, T e x a s. — We have had only a trace of rain during
the week. Average thermometer 8 6 , highest 96 and low­
est 77.
P a le s tin e , T e x a s. — There has been dry weather all the week.
The thermometer has averaged 85, the highest being 98 and
the lowest 72.
H u n ts v ille , T e x a s. — D ry all the week. The thermometer
has averaged 8 6 , ranging from 71 to 101.
D a lla s, T e x a s. — W e have had dry weather all the week.
The thermometer has ranged from 71 to 102, averaging 8 6 .
S a n A n to n io , T e x a s . — There has been light rain on one day
of the past week, to the extent of one hundredth of an inch.
Average thermometer 83, highest 98 and lowest 6 8 .
L u tin g , T e x a s — Cotton is growing rapidly and will soon be
in bloom generally. We have had but a trace of rain the past
week. The thermomoter has averaged 8 6 , the highest being
100 and the lowest 71.
C o lu m b ia , T e x a s. — Cotton needs moisture badly. There
has been only a trace of rain during the week. The ther­
mometer has averaged 84, ranging from 69 to 99
C uero, T e x a s. — Cotton is doing well. We have had no rain
the past week. The thermometer has ranged from 73 to 100,
averaging 86
B re n h a m , T e x a s. — Cotton is doing well. It has rained on
one day of the week, the rainfall being one hundredth of an
inch. Average thermometer 8 8 , highest 104 and lowest 71.
F o r t W o r th , T e x a s. — There has been no rain during the
week. The thermometer has averaged 84, ranging from 71
to 98.
W e a th e rfo rd , T e x a s. — We have had dry weather all the
week. The thermometer has ranged from 70 to 97, averag­
ing 84.
N ew O rleans, L o u is ia n a . — We have had rain on one day of
the week, the rainfall reaching twenty hundredths of an
inch. Average thermometer was 8 6 .
S h re v e p o rt, L o u is ia n a . — D ry weather has prevailed all the
week. The thermometer has averaged 8 6 , the highest being
99 and the lowest 74.
C olum bus, M ississip p i. — Corn prospects best for years but
rain is badly needed. It has rained on one day of the week,
the precipitation reaching twenty hundredths of an inch.
The thermometer has averaged 84, ranging from 68 to 98.
L e la n d . M is s is s ip p i, — Telegram not received.
M e r id im , M ississippi. — The extreme hot, dry weather is
damaging crops. Tb - tnermometer has ranged from 79 to 100.
V ic k sb u rg , M ississip p i. — Dry weather has prevailed all the
past week. Average thermometer 85, highest 96, lowest 75.
H elen a , A r k a n s a s . — Crops a»e growing well. The weather
has been hot the past two weeks. It has rained on four days
of the week, on one of which heavily, the rainfall being
ninety two hundredths of an inch, and there are indications
of more. The thermometer has averaged 78, ranging from
6 6 to 91.
L ittle B o c k . A r k a n s a s .— Telegram not received.
M em p h is, Tennessee. — Rain fell on Satu day last to the
extent of thirty-one hundredths of an inca, and there was a
further precipitation of one-quarter of an inch this morning.
In the vicinity there has been heavier rain. The weather has
heen hot. Crops have improved, but are small and backward.
They are growing fasr, however. The thermometer has
ranged from 67 2 to 954, averaging 82'6.
N a sh v ille , le n n e sse e . — Ttlegram not received.
M obile, A la b a m a . — Crop reports are not wholly satisfactory.
Rain is badly needed in most sections. The weather has been
very hot. There has been light rain here on three days of the
week, the rainfall reaching twenty hundredths of an inch.
The thermometer has averaged 85, the highest being 98 and
th° lowest 74.
M o n tg o m ery, A la b a m a . — Crops are improving. Rain fell
on thne days in the early part of the week, the rainfall
reaching nicety-six hundredths of an inch, and since then both
days and nights have been hot. The thermometer has aver­
aged 85 and has ranged from 74 to 97.
S e lm a , A la b a m a . — Cotton is small but fruiting well. It has
been dry all the week. The thermometer has ranged from
70 to 1 0 1 , averaging 87.
S a v a n n a h , G eorgia. — Rain has fallen on five days of the past
week, the rainfall being fifty-eight hundredths of an inch.
The thermometer has averaged 81, ranging from 70 to 98.
M a d iso n , F lo r id a . — We have had rain on one day of the
week, ihe rainfall reaohing seventy hundredths of an inch.
Average thermomeler 85, highest 98, lowest 73.
A u g u s ta , G eorgia. — We have had rain on two days of the
week, io the extent of thirty-one hundredths of on mch. The
thermometer has ranged from 69 to 97, averaging 82.
C h arleston, S o u th C a ro lin a . — -There has been rain on five
days during the week, the rainfall reachi- g one inch and fiftysix hundredths. The thermometer has averaged 80, the high­
est being 94 and the lowest 71.
S ta te b u rg , S o u th C a ro lin a . — Crops are progressing favor­
ably. Rain has fallen on two days of the week, the precipi-

THE CHRONICLE

1282
i IT-

-ni'!i h u n d re d th s of an in c h .

The

era* •d 7ft 3, Tunning fro m 06 to ft7.

Until* Carolina,—-We wave bad ao ra in the
th erm o m eter has ranged from t»9 to 93, aver-

A verage

The fol
•bow ing
8 o'clock

Sortk C arolina.—I : has rained on th re e days of
be rainfall being fo rty-nine h u n d re d th s of a n inch.
,-i m om -ter 81, highest 96 au d low est 64.
,s, mg sta te m e n t w e have also received by telegraph,
height of the rivers at the point* named at
mo 24, 1897, an d J u n e 35, 185)6.
J u n e 2 4 , ’9 7 . J u n e 2 5 , '96.
Feet
9-4
13 8
3*0
09
237

S e ct.
91
21*1
30
12 4
18'9

............... A b o v e zero o f g a u g e .
M w aphi* . . . . . ............... A bove xoro o f g a u g e .
............... A b ove zero o f g a u g e.
. . . ............... A b o v e xoro o f g a u g e .
T O fc ib t tfy ... ................A b o v e xoro o f g a u g e . i

[VOL, LX1V.

M a n c h e s t e r M a r k e t . —O ar re p o rt re c e iv e d by c a b le
to -n ig h t from M an ch ester s ta te s th a t th e m ark et c o n tin u e s
firm fo r both y arn s an d sh irtin g s. The d e m a n d fo r b o th
In d ia a n d Chin t is im p ro v in g . W e g ive th e prices for to-day
below and leav-- th o se l. r p rev io u s w eeks o f to ts a n d la s t
y e a r for co m p ariso n .
18 9 7 .

1890.

8 H lb s. S h ir t-lO o tfn
3 2 s Oop. in g s , com m on M id . 32* Oop.
T w ill.
Tw ist.
to fin e s t.
I Tfplds

a.

a. a. a.

a.

M’y2! 6% « 7 M
“ 28 S-’ jft '07%
J’ne 1 6S|ft 3 7 3 js
11

6*,a ®7*i,

18 6% ®7%

» 25l6t»ie 3 7 %

0>3»G

(5

0>a»6

Q

0% 3 6
0% 36
1 ®6
1% »6

6
6%
7
7

8M lbs. S h ir t­ O a t e n
in g s , co m m o n M i d .
T fp ld s .
to fin e s t.

a. a . a. 8. d. s.
41.12 6®lfl ® 77i« 4 o>ai»6
1% 61,8 ®7% 4 6 » 8
4% 6:% ®73ft 4 4 % » 6
45s , 6M ®7M 4 4 m
4% 6 H ®7M 4 4 a>6
1% 6 i ia ®7% 4 4 ®6

a.

d.
9
9
9
8M
« hi
Shi

4 6 ,8
4 6 .,
3>“16-

316|ft
3 ^ 84

S ea I sla nd C otton Mov em en t .— We have receiv ed this
J o t * B u t t s , Ba
__ _
(Friday) evening by telegraph from the various ports the
l- tn rw ei r»u-iy active d u rin g th e p ast w eek ; th e cl *e to- details of the Sea Island cotton movement for the week. The
night i» i.t,v ,c. fo r l - \ lbs., 5 ''s o. for 3 lbs. a n d 61£c. for receipts for the week ending to-night (Juno 35} and since
M andaid gr . !»•«. Car-load lota of stan d ard b ran d s are q uoted Sept. 1, 1896, the stocks to-night, and the same items for the
a t : i .. . I r l->4 lbs., 5 ?gc, for 2 lbs. an d 6?s0. for 2hi lbs. f. o. corresponding periods of 1895-96, are as follows.
t . a t ">>%«• York. J u te m itts have been very d u ll a t l'OSo. for
p a jx r quality, 125c. fo r m ixing a n d IJj'c. for b ag g in g , all to
Stock
1 8 9 6 -9 7 .
1895-96.
arrive.
R e c e ip ts to J u n e 25.
S in c e
T h is
S in c e
T h is
I n d i a C o t t o n Movem ent F rom a l l P orts .—Th e receip ts
w eek. Sept. 1. w eek. S e p i. 1. 1 8 9 7 . 18S6
and shipment* of cotton at Bombay have been as follows for
.............................
7 8 3 ,8 5 0
6 7 7 .0 5 0 7 ,9 2 5 2 ,4 6 1
S
a
v
a
n
n
a
h
the week and year, bringing the figures down to June 24.
C h arleston , & o....................
.... 10,397
57 1 0 ,5 5 6 1 ,2 1 3
581
BOMBAY R K 0 B IP T 8 4JID S H IP M E N T S F O R F O U R Y E 4 R 8 .
....
F lorid a, & o...........................
....
6,733
4,7 8 3
415
53
R eceip ts.

j S tu p m t n it th is w eek. | S h ip m e n t! s in c e S ep t. 1.
Streat
f m r \ 0r«tU
\B r i f n - n e n l. j T a la i- B r ita in

C o n ti­
n e n t.

T h is
W eek.

Total.

’96-7' . . . . . . 8.0 0 0 : 9 ,0 0 0 3 0 .0 0 0 5 2 2 .0 0 0 5 5 2 .0 0 0
■95 6 ......... 7.0001 7 ,0 0 0 7 1 .0 0 0 6 9 9 .0 0 0 7 7 0 .0 0 0
*94-5 .......... 37.000137,000 2 6 .0 0 0 4 0 5 .0 0 0 4 9 1 .0 0 0
’93-4............- 1 7 ,0 0 0 :1 7 ,0 0 0 4 4.000 7 3 1 .0 0 0 7 7 5 .0 0 0
S h ip m e n ts
S h ip m e n ts f o r the w eek.
Great
B r ita in .
Cftjtmua—

......

2,000

t
M a d m s—
Lftte-97.
AH other*—
iS9t>-97.
1895-96.

i,o o o

T otal all—
1S96-H7.
1 8 9 5 -9 6 ...

C o n ti­
n en t,

1,000

4 .0 0 0
2 .0 0 0
4.0 0 0
4.0 0 0

Total.

1 8 .0 0 0
13.000
2 1 .0 0 0
2 4 ,0 0 0

s in c e S e p t. 1.

C o n tin e n t.

0 ,0 0 0
1 1 ,0 0 0

8 1 ,0 0 0
7 1 .0 0 0

6 7 .0 0 0
8 3 .0 0 0

8 ,0 0 0
1 0 ,0 0 0

1 5 .0 0 0
9 ,0 0 0

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

2 5 .0 0 0
1 9 .0 0 0

9 4 .0 0 0
8 2 .0 0 0

1 1 9 .0 0 0
1 0 1 .0 0 0

4 .0 0 0
3 .0 0 0
4 .0 0 0
5 .0 0 0

3 9 .0 0 0
4 0 .0 0 0

1 7 0 .0 0 0
1 6 2 .0 0 0

T otal

2 0 9 .0 0 0
2 0 2 .0 0 0

The aojve totals for the week show that the movement from
the f. <rt ot her than Bombay is 1,000 bales less than the same
week last year. For the whole of In d ia , therefore, the total
shipm ents -ince September 1, 1898, a n d for the corresponding
periods of the two previous years, are as follows.
E X PO R T S TO E U R O P E PR O M Ai

0

S h ip m e n ts
a ll E urope
fr o m —

Tot*!

18 9 6 -9 7 .
T h u | S in c e
week. \ S e p t 1.

IN D IA .

18 9 5 -9 6
T h is
week.

1894-95.

Sin.
Sept. .

T h is
w eek.

S ince
S e p l. 1.

9 .0 0 0
4 .0 0 0

5 5 2 ,0 0 0
2 0 9 ,0 0 0

7 .0 0 0
5 .0 0 0

7 7 0 .0 0 0
2 0 2 .0 0 0

3 7 ,0 0 0
6 ,0 0 0

4 9 1 .0 0 0
1 4 4 .0 0 0

1 3 ,0 0 0

7 6 1 ,0 0 0

1 2 ,0 0 0

9 7 2 ,0 0 0

4 3 ,0 0 0

6 3 5 ,0 0 0

A le x a n d r ia Re c e ip ts and S h ip m e n ts .— T hrough arrange­
ment*
have m ade w ith -Messrs. D avies, Benachi & Co., o f
Liverpool and A lexandria, we now receive a weekly cable cf
th e aovciji -tits of co tto n a t A lex an d ria, Egypt. The following
are th e r- -h.i.h an d sh ip m en ts for th e p a st week a n d for tht
con-.vo :•;* n j week of th e previous tw o y ears.
A le tm n a rta . E g y p t,

Ja n e S3

U ec/r. - ' i t

1896-97.

189 5 -9 6 .

189 4 -9 5 .

(car, lam*)__

rw * »»*»a .......... ... .

JKstMirtft tfr*1©49—
T o a w m rp o o \
...
PQfthi Bilt-opn

T h is
Since 1 T h is
S in c e
w eek. S ep t. 1,| week. Sept. 1.

T h is
S in c e
w eek. Sept. 1.

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

3 2 8 .0 0 0
1 .0 0 0 3 1 7 .0 0 0

1 ,0 0 0 2 6 8 ,0 0 0
1 ,0 8 0 :3 3 1 ,0 0 0

9 ,0 0 0 6 8 8 ,0 0 0 ,

1.0 0 0 (6 4 5 .0 0 0 ; ; 2 ,0 0 0 .5 9 9 ,0 0 0

• In 1498-97. 48,126 bales: in 18 9 5 -9 6 ,5 7 ,5 9 1

95 iZ, 98 bales,

This
Juno i

ft,dob

7 1 0 0 ,9 8 0

63

9 2 ,3 8 9

9 ,2 2 1

The exports for the week ending this evening reach a tots
of 476 hales, of which 418 bales were to Great Britain, 58
1 .5 0 7 .0 0 0 to France and —
to Reval, and the amount forwarded
2 .0 6 4 .0 0 0
o Northern mills has been — bales. Below are the exports
1 .4 4 5 .0 0 0
1 .6 9 5 .0 0 0 for the week and since September 1 in 1896-97 and 1895-96.

C rea l
B r ita in .

2 ,0 0 0

T o ta l................................

S in c e
Sept. 1.

e a t sh >W8 t h a t t h e r e c e i p t s f o r t h e week ending
l.iiOG '• a n t a r s a n d t h e s h i p m e n t s to all Europe

&XC*i!l A w m ^ —T h e f o llo w
g ex ch an g es h av e been m a to
w in
ing
d u rin g tii#
*&k:
43 pC 1mm%rb. to o Oct* for A n sc. :j 17 pa, to ftI oh. 200 Oot. tor Am;.
Jf-JJ. f9t * ie h , %
ljtm» a tic for .July. 0 2 pd. to exob. 100 Dee. for Oct.
| n3, ffit r )i[e Ji. ^1,400 Ail ic, for July. i H
8 pd. to ex o h . lo o Dec for Aug.
0 1 $j$, |
t ‘#000 Aug for July, ij - i s pa. to oxo.li. 2 0 0 Deo for Sept.
*3# iwt. iI#
lo o Sf-pi for a tisc. iI -25 P<L to exch. 100 Sept, for A uk .
l
€t
3 * p4. ■
*<K» B»*pU for July, jj 20 pa. to OXoh. 500 Out. for 8 ept.
Kvtts- f i
f’«ir Ante.
; '25 pd. to oxoh, 300 Sept, fo r J u l y .
i. B* t* An$ f«r July.
I Even 800 Juno for July.
M tm jiL^OA Dp !for Jufi«.
: E ven 500 J u n e for A uk.
p 4 . 'm
mil, to o
u for Aug
Q2 p<L to exch. 900 July for Aug.

E xports
fro m —

Week E n d in g Ja n e 25 Since Sept. 1 , 1896-

N o rth ’n M il s.

Great F r 'm e
Great F r’nce
Total. B riV n. d c .
Total.
B riVn, <£C.

Since
W eck- Sept. 1.

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

2 8 ,6 2 5
2 ,1 5 S
6 ,7 3 3

8 ’v a n n ’h, &c
C harl’t ’n.& e
F lorid a, <fecN e w Y o r k ..
B o s t o n .........
P h ila ., & c...

" '3 9

'■ '5 8

'9 7 ii',3 6 2 7',314 IS , 6 70
1 3 ,7 7 3
1 74 1 3 ,7 7 3
20 5 3,827 " i ‘02 3,9 2 9

T o ta l.........

4 16

5S

47 6 4 6 ,9 2 3 1 0 ,5 9 2 5 7 ,515

T otal 1 8 9 5 -6

15

1 5 ,023
2,9 3 3
174
2 05

15 4 2 ,1 0 3

3 7 ,5 1 6

7 ,2 4 2 4 9 ,4 0 5

A considerable portion of the Sea Island cotton shipped to
foreign porta goes via New York, and some small amounts via
Boston and Baltimore, Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New Y o rk , &c, The details of the
shipments of Sea Island cotton for the week w ill be found
under the head “ Shipping News,” on a subsequent page.
Quotations June 25 at Savannah, for Florida®, common,
8 c.; medium fine, 10c.; choice. 13J>£c.
Charleston. Carolinas, medium fine, ll@17e,; fine, 18c.;
fully fine, 19(3)20c ; extra fine. 2S@33c.
G o v e r n m e n t W e e k l y C o t t o n R e p o r t . — M r, W . L. Moore,
Chief of the Weather Bureau of the Agricultural Department,
made public on Tuesday the following telegraphic reports on
the crop in the Southern States for the week ending June 21 :
V ir g in ia . — W a r m e r w e a th e r a n d o c c a s io n a l s h o w e r s h a v e b e n e f ite d
a ll c ro p s ,
N o r t h C a r o l in a —H i t , d r y w e a t h e r , f i l l o w e d b v b e n e f l o l a l r a i n s ,
c a u s e d m a te r ia l I m p r o v e m e n t e v e r y w h e r e ; c o tto n d o in g w e ll a n d
b lo o m in g in s o u th e r n p o r tio n .
S o u t h C a r o l in a . - H it, w i t h s c a t t e r e d s h o w e r s , g e n e r a lly lig h t ;
e x c e l l e n t g r o w in g w e a t h e r ; c o tto n o o o tin u e s a m ill, is h e a lt h y , b e ­
g i n n in g t o b lo o u i, n n d s q u a r e s n u m e r o u s ; c o n d itio i s a t i s f a c t o r y .
0 < £ O R Q i» ,— G o o d m i n s e a l y p a r t o f w e a k , f o l l o w e d b y a b u n d a n t
s u n s h i i e , h ig h te m p o r a l,u r e a u d o c c a s io n a l s h o w e r s w o re b e n e f ic ia l to
g ro w in g c r o p s ; c o rn a n d c o tto n d o in g w e d ; c J ttn u f r u itin g a u d ta k in g
o n s q u ire s .
F l o r i d a . — Week h o t a n d r a i n f a l l u n e v e n l y d i t t r i b u e d o v e r w e s t e r n ,
n o r th e r n a n d c e n tr a l d is tr ic ts , th o u g h s h iw s rs d u r in g th i l a s t d a y i o f
w e e k re lie v e d m a n y s e c tio n s e n t e r in g f o r m o is tu r e ; c o rn , c o tto n ,
to b a c c o and. p o ta to e s n e e d ra in o v e r g r e a te r p o r tio n o f iu te r io r
e o u n lie s .
A l a b a m a . —'V e r y w a r m w i s h u n e v e n l y d i s t r i b u t e d r a i n s , a n d c r o p s
d a m a g e d lo c a lly b y w in d s to r m ;, th o u g h o o tc o j im p r o v in g s te a d ily a n d
b e g in n in g to f ru it.
M i s s i s s i p p i , —T e m p e r a t u r e a b o v e n o r m i l , g r e a t l y b e n e l i t t l i i K c o t t o n ;
s o a r , t o r e 1 s h iv v - r s b e n e f l o l a l t o a l l c r o p s ; g e n e r a l r a i t n e e d e d i n l a r g e
m a jo r ity o f l a b i l it ie s ; a ll c ro p s w e ll w o r k e d a n d c o tto n a u d c o rn
f r u i t i n g w a ll.
L o u i s i a n a .— A n e x c e l l e n t g r o w i n g w e e k , a n d a l l c r o p s s h o w m a r k e d
p r o g r e s s ; r a in s o f e a rly p a r t o f w e e k c o v e re d a ll s e c tio n s , e x c e p t
c e n tr a l a u d w e s t c o a s t a ls irlo te , w h e re r a in is n e e d e d ; c o tto n p la n t
fu ll o f f r u it.
T e x v s .- F a v o r a b l e w e a t h e r g r e a t ly im p r o v e d o o tto n , e x o e p t o v e r
s o u th e r n p o r tio n , w h e r e p ta u i; n e e d s r a i n ; h o t s u n s h in e d e s tr o y e d
l ic e , b u t b o ll w e e v i l i s a p p e a r i n g l i s o u t h w e s t p o t i o n ; f ie d s c l e a n ,
e x c e p t o n lo w la n d o v e r n o r th e r n p .ir tt o i, w h e r e c o tto n Is In g r a s s
A r k a n s a s . - H i g h t e i n o e r a t u r e v e ry b f tie fio ia l, b u t d e f ic ie n t r a i n f a l l
d e tr im e n ta l to g r o w th o f c r o p s ; o itto u s lig h tly im p r o v e 1 a u d o e g in n i o g t o b l o o m , b u t 1< s m a l l f o r t h e s e a s o n .
P e n n b s s b r .— Q u o d r a i n 11 e a s t a n d I n p o r t ! m i o f m i d l i e s e c t i o n ,
w ith s h o w e r s lu w e s te r n o o u n tjo s . g r e a tly im p r o v e d g r o w l ig c r o p s ;
w a r m w e a t h e r I n d u c e d g r o w t h o f c o t t o n , w h i c h , t h o u g h s in i ll , is in
g o o d c o n d i t i o n a id c l e a n .

M is s o u r i . —Good sh o w ers In som e lo c a lit ie s ; c o tto n d b a g w ell.

O klahom a .—All sp rin g crops ex eellen t, e x c e p t co tto n , an d
ra p id ly im proving.

These reports are summarize! as follows :

this,

THE CHRONICLE,

J une 26, 1897.J

C otton lias m a le good g ro w th d a rin g th e w eek g e n e ra lly th ro u g h o u t
th e cottou b elt, th e ln te r io r o f F lo rid a aud Southern T ex a s b e ia g the
o n ly sec tio n s in whiou th e crop has n o t m id e sa is fa c to r y progress.
T he rep orts in d ica te a m a rk ed im p ro v e m e a t o v er th e c en tr a l portion
o f th e c o tto n b elt a^d in N orthern T ex a s.
S t a t e W e e k l y C o t t o n R e p o r t s .— W e give below sum­

maries of the reports for the week eodiog June 21 issued by
the vari* us States under the auspices of the Weather Bureau
of the Uoited States Department of Agriculture so far as
they apply to cotton.
V i r g i n i a —T h e w e a t h e r c o n d i t i o n s d u r i n g t h e p a « t w e e k h a v e b e e n ,
o n th e w h o le , r a t h e r b e lt e r f o r c ro p g r o w th t h a n t h e p r e c e d in g o n e .
N o r t h C a r o l i n a . —T h e w eek e n d in g M o n d a y w as v en e a lly v e r y
fa v o ra b le fo r farm w ork and for th e g r o w t h of crop s, w h i c h h iv e im ­

proved m ateria lly .
portions.

C otton is b e g in n in g to bloom in e x tr em e sou th

S o u t h C a r o l i n a .— C otton co n tin u es sm all, is h e a lth y , and th e ea rl­

1238

This statement shows that up to May 31 the receipts
at th* p irts this year were 1,195,133 Dales more th ia in
1895-96 ani 1,151,619 bales Less than in 1894-95. By adding to
the totals to May 31 the daily receipts since that time we
shall oe ote o->
an e x ic t comparison of the movement
for the diff irent years.
1896-97.

1895-96.

1894-95.

1893-94.

1892-93

1891-92.

To.M’y 31 6 ,6 2 9 ,7 8 3 5,133,595 7 ,7 8 1 ,4 0 2 5,81 9 ,4 9 7 4,893,630 6 ,9 4 6 ,1 3 d
J 'n e 1 . . .
1,756
1,484
2,959
3,775
3 ,0 4 0
3 ,4 1 1
“ 2
2,055
3,680
8.
3,422
3 ,4 3 6
3,8 8 7
“ 3 ...
9 2
876
3,463
3 ,0 5 4
8.
3 ,7 5 2
“ 4 ....
1,375
1,435
2 ,7 5 3
1,285
4,86?
8.
5,801
5 ...
1,187
3,8 1 8
8.
3,926
6 ,7 8 5
“ 6. . . .
1,762
8.
1,378
857
4,462
5 ,6 8 0
“ 7
5,939
785
2,323
8.
5,511
2,425
3,1 6 2
973
“ 8 ...
969
3,306
9 ,0 5 4
3,389
8.
“ 9 .
274
2,1 5 4
4 ,4 3 0
3,998
5,181
3,114
“ 10 . .
2,509
1,027
8.
9 ,0 9 8
2 ,1 4 5
2,942
3 ,3 3 0
1,501
“ 11 . .
6,661
2,377
8.
1,492
8.
3,661
“ 12
3,4 1 0
4,3^6
583
3,1 4 0
** 1 3 . . .
515
2,705
9 ,5 3 1
8.
4,5 9 9
2 ,2 8 2
8.
2 ,1 5 3
2,2 4 2
5 ,0 5 7
“ 1 4 ....
765
1,917
4,1 L0
2,020
5,612
4 062
“ 1 5 ...
993
1 ,9 5 0
3,442
1,781
8.
1,958
“ 1 0 ...
647
8.
3 ,6 0 6
911
1 ,4 3 0
2 ,0 7 8
3,597
“ 1 7 ....
3,026
812
4 ,9 3 6
3.581
1,475
8.
“ 1 8 ....
1 ,7 5 0
1,472
1,04 >
8.
“ 1 9 ....
2 ,3 5 6
6,411
1,175
1,5 9 0
3,723
4,210“ 20....
8.
98 7
415
8.
2,068
“ 21....
5 ,1 5 0
1,781
3 ,1 6 8
4,281
4,294
3 ,2 5 4
1,315
“ 22 . . .
2 ,7 9 5
1,963
2,012
1,100
3,523
8.
3,369
1 ,4 9 3
•• 2 3 . . .
3,1 8 4
2 ,5 3 2
1,339
1,315
8.
“ 24 ...
4 76
9 16
3 ,4 3 3
223
1,041
8.
1,6 4 8
“ 2 5 ....

ie s t is b eg in n in g to bloom . T he p la D t m ade f<iir g ro w th and its co n ­
d ition is gen era lly sa tisfa c to r y , e x c e p t w here i D ju 'e d l by e x c e s siv e
rains in B erkley, < h e ste and Y ork. Som e ru st is noted ia Fairfield
and L ex in g to n Sea Isla n d c o tio n in sp len d id co n d itio n , fr e e from
p a ra sites, and bloom iug.
G e o r g i a . —D uring th e p a st se v e n d a y s th e gen era l w e a th e r con d i­
tion s h a v e beeu fa v o ra b le to farm ers. T here h a s n o t been su fficien t
rain to seriou sly interfere w ith w rk. w h ile th e freq u en t sh o w ers h iv e
com biLed w ith a bu ndant su n sh in e and high tem p era tu re to g iv e new
lif e to grow iu g crops. The p r e v a le n t co n d itio n s w ere e sp e c ia lly favorab'e to co tto n , and a s a rule th is crop h a s m a d e m arked im p rove­
m en t. It is s till sm a ll a n d la te, bu t Is c a tc h in g up. With a c o n tin u ­
ation o f sim ila r w ea th er du rin g th e n e x t fe w w eek s crops w ill do
w ell.
F l o r i d a . —W eek h o t and r a in fill n o t u n ifo r m ly d istrib u ted over
w estern , north ern and c en tr a l d istr ic ts, th o u g h sh o w ers d u ii ig th e
la s t d a y s o f w eek reliev e d m an y sec tio n s suffering for m oisture. C ot­
to n need s rain o ver g rea ter portion o f Interior c o u n ties.
A l a b a m a . —The w eek w a s e x c e s siv e ly h o t o v er th is sectio n , th e
tem p eratu re ra n g in g a s h igh as 102 a t a iia m b er o f sta tio n s, w h ile
t h e n i g h t s w ere w arm and fa v o ra b le to crop grow th. S h o w ers w ere
q u i t e g n eral i q nearly a ll p ortion s o f th e S t it e and som e h ea v y rainta ils occurred W indstorm s o cca sio n ed d t m ig e to co tto i lo ca llv b it
as a w h ole th ere h a s b eeu a d ecid ed im p ro v em en t in all crops, though
th ere are som e loc ililie s w h ere th » d rou gh t r o n d o s p ra ctica lly u n ­
broken. C otton bloom s are b ecom iag g en era l, and ootton is reported as
fr u itin g in cen tra l c o u n ties and is e 'e a u , h e a lth y and b e j m i a g to
grow rapidly.
L o u i s i a n a . — W hile th ere is som e co n ti m ed c o m o la in to f co tto n b ein g
T o t a l. . 6,65 7,533 5,183 ,6 4 3 7 ,8 3 5 ,8 1 8 5 ,8 7 6 ,3 4 6 4 ,9 7 7 ,5 5 8 7 ,0 3 4 ,4 9 7
rath er sm all a n d la te and u n ev en in sta n d , y e t th e crop sh o w s a
m arked progress d m iu g th e p a st s e v e a da y s and is rapidly fo rg in g P ercen ta g e o f total
ahead. The p la o t is fu ll o f fr u it and th ere is b u t o a e report o f th e boll
9 8 21
99 4 2 .
9 7 -1 1
p ort reo’p ts J ’n e 25
9608
93-29worm h a v in g appeared. T h e orop is c le tn and free from grass. T he
la te-p la n ted co tto n on o v e ifl >wed la n d s Is b eiu g w orked a n d is p rom ­
isin g.
t f x p o R r s OB’ C o t t o n G o o d s f r o m G r e a t B r i t a i n . — Below
M i s s i s s i p p i . - R eports from a ll p a rts o f th e S ta te sh r w th a t th e w e 2k
w a s all th a t could be desired f o r e o p s so fa r a s th e w ir m tli f th e we give the exports of cotton yarn, goods, &c., from Great
w eath er is c<*nc-rned. T here w as h ow eve*. a general d o io ie a c y of
Britain for the month of May and since October 1 in
m oistu re, rains h a v in g f tilen in th e form o f sca tte re d sh o w ers in a
1896-97 and 1895-95, as com hied by us from the British Board
c o m p a r a tiv e ly fe w lo c kilties. T h e se sh o w ers were a ccom p an ied by
h a ll in one or tw o in sta n ce s, but no serio u s dam age t.o crop s resu lted . of Trade returns. It will be noticed that we have reduced
A s a gen era l rule a ll crops are w e ll w orked aud w ith good rains th e y
w ould tak e on a rapid g ro w th , a« h a s been th e c ise lo a ll th >se lo c a li­ the movement all to pounds.
tie s w here raiu has fa llen du rin g th e p a st w eek . Cotton h a s been
g r ea tly benefited b y th e w arm w e a th e r , and alth ough th ere is som e
OLotn.
l o t a l o f A ll.
Y a rru k T h re a d .
com p la in t th a t th e p la n t is sm a ll. It co n tin u e s to fru it w e ll.
T e x 4 » . - i he w eath er d in in g th e w eek w a s e x c e p tio n a lly fa v o ra b le
000* o m itte d .
fo r farm in g o p era tio n s aud m uch farm w ork w as d o n e S >me rep ort
1895-96 1896-97 1895-96 1890-97
1895-90
1896-97 L895-96 1890-97
th a t rain w ill soon be needed again for gen era l f ironing in ter e sts. The
warm aud dry w ea th er lias been v ery fa v o ra b le for c> tto o , a u d it is
L b s.
L b s.
L b s.
L b s.
Lbs.
Y d s.
Y ds.
L b s.
alm ost a co n sen su s o f o p in io n am on g th e c o rresp o n d en ts th a t th e crop
103,242
110,109
23,489 24,878 419,049 442.847 79,773 85,291
jo to o e r . . . .
ia im p rovin g rapidly aud wilt s ion recover f om The e ffe c ts o f th e la te
104,431
97,182
N o v e m b e r . . . 21,514 23,704 397,483 418,837 75,068 8 -,6 6 7
w et and cool w ea th er Th* p la n t is sm a ll and baokw ard in m an y s e c ­
9 8 ,589
431,839 409.363 82,208 78,342 104.416
> e o e m b e r . . . 22 ,2 0 - 19,747
tion s, bu t app ears to he g ro w in g n ic e ly now . The crop is iu tine ooud ition g e n e ra lly e x c e p t eom e tt-ld s bn lo w la n d s a re s till n eed in g
313,189
P o t .l s t q u a r. 07,191 68,389 1,218,371 1,271,047 33 7,649 j 344,800 304.810
w ork o v e r northern portion o f th e S ta te , b u t w ith fa v o r a b le w ea th er
for farm work th e croo w ill so o n be clea n ed o u t. M ost o f th e crop is
i n n n a r y ........ 2 1 ,'8 1 22,696 447,452 437,480 85,229 i 83,282 10 1.410 105,978
bloom iug o v er th e so u th ern portion o f th e S ta te and earlr-p la u t« d c o t ­ F e b r u a r y — 19.9 9 21,421 303,919 453,009 09,313 j 83,233
107,659
89,257
ton is b egin n in g to f u it n ic e ly o v e r ih e northern p o rtio n . T he boll
107,578 108,084
M a rc h ............ 24,839 23,949 434,331 441,944 82.73 )j 84,132
w e ev il has m ade its ap p ea ra n ce in Nueo63 and De W itt o u a t i e s , bu t
lic e and o th er c o tto n p e sts are d isap p earin g w ith th e dry an d warm
T o t. 2d q u a r . 0o,959 08,000 1,244,752 1,332,433 337,2 36 i 353.052 303,245 321,718
w eather, aud th e crop p rosp ects are im p roving.
603,085 034,907
T o ta l 0 m ofl. 183.15) 136,455 2,4 93,123 2,003.180 174,935 499,) 5 i
T e n n e s s e e .— D uring th e p a st w eek abn orm ally h ig h tem p eratu re
p revailed th ro u g h o u t the S tate. In th e Eastern se c tio n and portion s
88,094
9 9 ,8 1 9
A p ril. ............ 22,633 23,400 346,872 401,397 00.071 76,413
o f th e M iddle S ectio n good rains fell; a lso sh o w ers gen erally o v er the
93,514
93,793
74,037
M ay ............... 22,758 21,750 387,237 8S9.01H
W estern S ectio n and e lse w h e r e
T h ese rains, to g eth er w ith th e warm
w eath er, w ere ve» y henetici *1 to th e y o u n g and g» o w in g crop s, au d iu
749
00
S
to
c
k
in
g
s
a
n
d
s
o
o
k
s
.........................
..............................................................
portion s w here th e drouth w as b e g in n in g to a ssum e a serio u s a sp ect
17,480
16,770
th ey w ere pa rticu la rly w elcom e. B u t a t tb e c lo se o f th e curreut w eek duadry articles .................................................
th ere is still, lu m an y lo c a litie s, a la ck o f sufficient m oi-tu re to restore
811,375 848,035
T o ta l e x p o rts o f o o tto n m a n u f a c tu r e s .
fa ilin g cou d itlou s. In th e E a ster n co u n ties, w h ere m o st rai-i fe ll,
crops a m iu flue s t »te o f g ro w th . C otton, a lso , has m uch im proved
The foregoing shows that there has been exported from th e
sin ce tb e ad v e n t o f w a im w eather.
M isso u r i . — The paet w eek has been characterized by high tem p era­ United Kingdom during the eight months 811,37 >,'>00 lbs
tu re, and o ver a large portion o f th e S ta te an a lm o st to ta l a b sen ce of of manufactured cotton, (.gainst d ii,035,0 >0 lbs. last y jar, or
rain fall. C otton is g e n e ra lly doing w ell bu t is n eeding rain ia plaoes.
a de :rease of 33,661,000 lbs.
A r k a n s a s — ih e tem p era tu re baa been v ery fa v o ra b le for th e grow th
A further matter of interest is the destination of these
o f all crop s, but d eficien t ralr fa ll h as, to som ^ e x te n t, co u n terb a la n ced
th© good effect of hlifh tem p eratu re. A l l crops are oleau aud w ell oul
exports, and we have therefore prepared the following
tiv a ted C ottou Is g ro w in g n i c e l y , though s till sm a ll, for th e sea so a ,
sq u a res are num erous and first bloom s reported du rin g th e w eek. A statements, showing the amounts taken by the principal
countries during May and since October 1 in each of the
general rain w ith co n tin u ed high te m p era tu re w o u ld in su re m ost
fa v o r a b le resu lts.
last three years:
O k l a h o m a a n d I n d i a n T e r r i t o r y . —C o t t o i s h o w s a m a r k e d i m ­
p r o v e m e n t , a d h a s g r o w n r a p i d l y d u r i n g t h e w e e k , a l t h o u g h i l n r e 1*
c o n s id e r a b le c o m p la in t o f w e b w o rm s w o r k in g o a tb e p ia u t.
Cue c ro p
a s a w u o le is m u c h b e h in d tb e s e a s o n , a n d o n ly f ro m L in o o la a a d P o t ­
t a w a to m ie c o u n ti e s Is a n y o f i t s q u a r i n g .
u o u p a u a t iv e

M o n th ly
a e c e x p it.

P o r t R eoblpth

a

L) u l y ( J r o p M o v e m e n t

f e a r B e g x n n i n g t f e p t e m O e r 1.

18 9 4 .

.189^.

1894

1893

3 7 7 ,4 0 8
S e p t’mb’r 9 1 2 ,4 8 6 3 3 3 ,8 8 6 5 1 4 ,7 6 2
O otober
1,468,51- 1 ,2 0 2 ,4 6 1,622,664 1 ,3 1 1 ,2 7 9
S o v e m b ’r 1 ,2 8 6 ,2 5 1 9 1 2 ,7 5 1.607,662 l,2 7 2 ,7 7 o
D eoerab r 1,256.000 9 8 7 ,8 9 9 1 ,4 9 7 ,5 6 0 1,23 (,73s
0 8 7 ,0 2 8
0 3 5 ,378 5 4 8 ,1 1 8 9 3 8 ,1 9 7
J a n u a ry
3 3 0 ,504
404 976 441,771
F eb ru ary
5 3 3 ,3 9 8
March
335,021
3 2 1 ,3 1 3 5 3 2 .2 5 - 2 5 7 ,1 0 1
A p r il . .
3 7 2 ,7 7 0 217.601
189,269 2 1 1 ,3 0 126,011
1 5 3 ,1 3 5
M ay_____ 1 4 1 ,387
124,076

1892
4 0 5 ,3 5 5

1891.
6 7 6 ,8 2 3

9 3 0 ,0 2 9 1,215,144
4 3 6 ,4 5 7 6 6 5 ,1 6 2
2 9 1 ,6 4 8 6 5 8 ,3 5 5
2 4 1 ,7 5 0 3 7 6 ,4 0 0
2 0 2 .1 5 8 2 5 1 ,5 2 2
1 9 2 ,8 9 5
129,905

T o ta l. 6 ,6 2 9 ,7 8 5 ,1 3 1 ,5 9 5 7 ,7 8 1 ,4 0 2 5,819.497 4.898,63016,946,136
Pdro’tago o f to t . port
97-05
95-79
97-27
98 72
r ec e ip ts May 3 1 ..
9 5 16

BX POBT8 O P

P IE C E GOODS AND YARNS TO PR IN C IP A L C O U N T R IE S IN
MAY AND FROM OCTO B ER 1 TO MAY 3 1 .

P iece G oods—Y a r d s .
(000* o m itte d .)

1890.

151.968 182.315
05,754 46,973
55,522 4 >,217
19,323 19.201
4o,i»y-i 47,731
20,076 17.901
A ll o t h e r c o u n t r i e s ................... 30,000 29,015
T o t a l v a l u e ...........................
Y a r n s — L b s.
(000* o m itte d .)

1895.

1890 97.

1895-93.

1891-95.

103.720 1,337,387 1.401,004 1,547,057
68,402 5 * 1*87 423,102 563,099
40,192 396,34? 475,L33 370,904
23,728 199,051 200,257 182,324
49,083 319.547 4*0.070 3 3,0*2
23,949 187,189 20j,8 u 8 220,057
25,359 240,804 243,014 225,787

387,227 339,010 399,493 3,228,222 3.391,789 3,449,770
£3.083 £3,790 £3,587 £31,031 *33,008 £31,309

t u r k e y a n d E g y p t .....................
A ll o t h e r c o u n t r i e s ....................

2.653
3,307
4,000
4,057
2,623
1,8 -0
1,399

T o t a l v a l u e .............................

20,044
£790

O th . E u r o p e ( e x c e p t T u r k e y )

O ct. 1 to M a y 31.

M ay.
1897.

3,181
4,801
5,025
8,517
2,589
2,502
1,387

23.737
28,083
3>\3*?9
29,027
18,8318,153
11,933

22,313
31,604
3 4,777
32,052
21,512
12,00 .
1 0 ,.3 7

24,270
32,124
30,020
34,217
17,552
18,303
11,841

19,930 23,002
i7 9 3
£811

101.340
£ 0 ,533

104,201
£ 0 ,582

174,987
£ 6 ,3 0 0

2,739
3,750
3, '4 8
4,821
2,407
1,723
1,245

THE CHRONICLE,

W hathbs H t\ it it n>« M a y . — {Below w e give (tie
t:. -f .nouivter ami rainfall record fo r th e m o n th of May
prernni* month* of th is y ear an d th e tw o preceding
Tears. The figure* a re from th e records of th e W e a th e r
B ureau, except «« points w here th ey h av e n o statio n , an d
a t those point* they «re from records k e p t by o u r ow n ascents,
{

f

WV7.
.-

m£3FlA
flissr

A p ril.

M ay.

i m . 1880. 1395

1807. 1880 IS»5,

M arch,
■— -

1805

18V?,
~

~

73©

•m
u%

7V t rtV*
1IT
2-f
43*0 82*0

?m*0 76© 70*1
32*0 JW© 201
5i*0 48© 4T 0

8?© 95© 841
34*6 84© 3 9 1
68 0 60*0 53©

81 0
85 0
72©

03*(
4 HI
721

M*0
44 0
010

Mwm*

tr* .
mn
mm

T*1 741*
tfl
10**
*8*0 3 T «

8 T 0 781 • 2
a r c s«ro tv<
50*8 52*0 58-8

84*1 89*0 81*0
35*0 IS © 37©
0t*4 08*7 «l*0

89*0 901
40© 44*1
08*4 74*4

90*0
47*6
88*0

h&wmt.

001
ir*
<tt*0 10**
446

7 9 1 77*0 Sl-l
20*0 24*0 S0-*
02 8 il 'C -IS2

87© 94*0 8S-0 . 86*0 9 71
an
141
27© tw o 33*
57*8 01© 57*1 65*1 7 21

97*0
40*0
64*0

U U fc M t.

8*0
31*2

74*4
2*1
401

T(M 0w*O
Hi
1*0
41*8 32*4*

807
281
5 ra

77© 81©
20*0 25U
*8*2 40*2

86*0 01*0 83*0
35*« 34*0 31©
59*0 64*6 58*0

88© 9Yt
IS - 491
1-0*0 75H

97*0
41*0
05 0

75©
SBh
m

71*i 71**
Mv
4*0
41*0 32*0

8V 0 781 85*6
31*0 231 W>
53*0 «trc. 491

88© P6*0 8 5 i
32*0 HI© 33 0
00*0 04'» 57*0

80© 9 5 i
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M a rc h .
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11897. 1896. 1895

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4. CAR’NA
£3FRmirK/t,n'RainfalLlD 0*20 4-70 2-38
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11
10
S

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1-99
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Days rain..
Rainfall,in
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Rainfall,in
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M o r g a n to n ,Rainfall,in
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91©
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372
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1*08 4*05
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VIRGINIA
Vor/oiA,—
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,
95*'
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70*9 78*5 70*4

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33*9 3*’
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F e b ru a ry.

Thermometer

78*9 80*'
28*' 305 0 0 61*2

1890. 1895

72*0 77*1
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IN D IA N T .
O kla h o m a —
H i g h e s t , .. .
L o w e s t....
A v eraee.

IS 5. 1897

00*0
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70*9

81*'
871
23*5 - -12*'
527
01*4

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05-i. | 79*9
101 1 51©
42*6 ! 6 6 5

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13

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4. CAROL’A

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72*0 77*0 79*0

87*0} 87*0 93*0 18*0
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1897. 1890 1895

II

88i
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83-0 7 7 i
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03 0 53*8

F e b ru a r y .
th e r m o n u tm

T-*j

.aiAbeet lo w e s t ..,.
Average,.,
ALABAMA

77*0
22* •
5*1

[VOL. LXlV

8S;
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1284

| |8N8 tjll#
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f t i ‘! i t j p 84*0 81© [ 8*1
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Rainfall,in
Days rain.
Rainfall,In
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b lu m b ta .—
Rainfall,In
Dave rain..

tta te b u r y —

9 11
12

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Rainfall „ia
Days r»in„
llalnfatl.ln
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G re e n w o o d -

8*00 3-2f:
8
9

8*53 4*68
0
8
7*50
13

GEORGIA,
4ug u s to ,—
Rain fall,In 8*57
Days rain, ) 3
itlanta.—
Ruin fall,in 4*59
Days rain. 13
i a r a n n a h ,— i
Rainfall,in
Oav» rain. 13
FLORIDA. }
*acksonviUe- 1

Rainfall,In 7*10
Oavn rain., I

0-57
1

4*40
8

2*04
11

0*72 2*04 0*72
12
4
n

4*02 2*U‘ 5©?
0
0
10

1*10 £ ‘70
6
4

4*0 i
12

4*28 2*2
7
“

4 48
9

2*10

...

...

5

3*22
7

1*91 8*42
8

10

;
0*77

VI

4©g
s)

4*72
13

V ,
0

8*00
10

3*75 2*7i
H
0

5*18

2*22 3*09
b
10

8 'rtt
9

2© l
8

5*7
17

3*29 7'55
14
12

5*06 0*58
9
6

5*2
8

034
3

2*90 8-78
10
9

4-10
10

H-19 5*31
7

10

3*85 1*61 4*43
11
7
12

1*10 4:30
5
12

2*20
12

1*00

1*00
7

2*51
6

3110
7

0*40

1*35 1-24
6
7

2*20

8

3*03
7

5 18
12

2

y

4*40
13

3-34
13

1*95 3*99
13
12

20

THE CHRONICLE,

J une 26, 1897.j
.RatnfaU.

February.

March.

April.

1897. 1890. 1895.

1

ISO?. 1890.

May.

1897. 1806. 1805 1897 1898. 1895.

F L O R ID A ,

i ampa.—

R a in fa il.lr
D a y s r a i n ..

5-40
10

3-77
10

3-90
9

1-44
0

2*10 2-07

b

10

4-05 0-86
10
2

t ta i n f a l l, in
D ay s r a in ..

5-14

201
13

301
7

305
8

2*35
7

1*04
5

8-47
15

R a i n f a l l,! r 10-45
12
D a y s r a i n ..

3-60

3-22
0

8 -6 1 6-60
0
0

0-S3
0

9*29 1-32
5
2

J upiter—

laUahassee—

8

d

5-38
8

0 33
5

227
10

1 29
8

1 59 4 50 10'7.3 2*3.3 7-10
0
11
12
10
15
3-35
8

0-43
2

2*00 4-85
5
11

ALABAM A.

Montgom'y.-

R a i n f a l l,in
D a y s r a in .-

Mobile.-

R a i n f a l l , Id
D a y s r a in ..
N e w to n R a i n f a l l,in
D a y s r a i n ..
B i r m in g h a m
R a i n f a l l, in
D a y s r a i n ..
Florence—
R a i n f a l l.I n
D a y s r a i n ..

M IS S IS ’P l .
C o lu m b u s .—
R a i n f a i l. lr
D ays ra in .
V ic k sb u rg .—
R a i n f a l l . In
D ay s ra in .
L e la n d —
R a ln f a ll,lL
D a y s r a in ..
B ro o k a v e n —
R a i n f a l l , In
D a y s r a in ..
K o sc iu sk o —
R a i n f a l l.in
D a y s r a in ..
W aynesboroR a i n f a l l, in
D a y s r a in ..
A R K ’N 8 A 8 .
L ittle Rock.-R a i n f a i l. lr
D ay s ra in .
H ele n a —
R a i n f a l l,I t
D ay s ra in .
F ort S m i h R a in fa il.lr .
D a y s r a in
C am den—
R a i n f a l l.in
D a y s ra in ..
C o m in g —
R a i n f a l l.in
D a y s r a i n ..
T E N N K 8 ’K.
N a s h v ille .—
R a i n f a l l.in
D a y s r a in ..
M e m p h is .—
R a in f a il.lr .
D a y s r a in ..
A sh w o o d —
R a i n f a l l.in
D a y s r a i n ..
W ie r R a i n f a i l.in
D ays ra in .
TEX AS.
9 a Ives to n .—
R a in fa il.lr )
D a y s r a i n ..
P a le s tin e —
R a i n f a l l.in
D a y s r a in ..
A b ile n e .—
R a i n f a l l.in
D a y s r a i n ..
S a n A n to n io .
K a ln f * |,ln
D a y s r a in ..
H u n ts v ille .—
R a in f a ll J n
D a y s r a i n ..
L o n g v ie w —
R a i n f a l l.in
D a y s r a in ..
S ta ffo r d R a i n f a l l.in
D a y s r a in ..
I N D IA N T.
O kla h o m a —
R a in f a ll.in
D ay s ra in .

T h e E x p o r t s o f C o t t o n from New Y o r k this week show a
decrease compared with last week, the total reaching 5,403
bales, against 11,584 bales last week. Below we give our
usual cable, showing the exports of cotton from New Y o rk,
and cue iirection, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1896, and in the last
column the total for the same period of the previous year.
EXPORTS OF OOTTOM (BALES) PROW NSW TORS 8INOB 8BPT. 1, 1 8 ^ 6 .
W eek E n d i n g —
E x p o r te d to —

5-05
12

0-00
9

3-58
12

l* i0
13

4-58 9 10
10
13

6-3C
11

4-17
0

3-00
14

0-08

3-12

7-70

ia

7-70
11

4 35

7 43
12

7-59 10-47
12

5-73
11

2-20 3-04
4
12

3-54
0

1-93 5*50
0
11

10-44
10

5-58
5

3-55
8

2* 0
3

2-99
5

1-08
2

1-30 1*10
7
7

li

1-45
9

4*03 4 3 9
10
11
2-84

5

w
3-83
b

6-98 4*41
18
17

8-2 - 1 43 10-15 0-51
13
a
17
8

5-09
10

7*in
12

4-87 3 2 7
8
4

5-CO 4-10 3-13
10
8
7

4

8

3-93 3-19
4
9
2-19
5

2-98
5

2-5D
8

4-82
la

2-78

04*

4-7H 0-70

b

8

3-92
12

8

4-82
11

5-29
0

3-«l
12

575
9

4-84 2-58
5
0

025
4

1-05
10

0*9? 3-37 4 00

1*71
8

4-90 0-24
5
3

3-29
7

3*94 5-97
0
15

16

10

10

7*95
12

3-71
0

4-71

7

4-15
5

4 ’55 4 8 5
5
7

4-80
0

2*40 1-19 1-42
5
4
0

2 45
4

3-5?
3

4-16
7

3 -»
3

50S

1-09
4

6-81

7

4-98
0

5-46
0

344
7

6-88 2 2 7
3
3

2*49 1-75
5
3

503
11

201

9-47
9

0-50
2

8-84
10

4-03
10

7*47
10

340
7

495
6

4-21

T il
3

3'C2
10

T35

2 0 7 10-13
10
13

1-70
13

512
23

3*23 0-02
0
14

1-93
14

2-27
4

1-25 0*88 2-40
11
10
8

3*02
14

4-29
0

5-85
10

1-32 10-38
4
10

8-36
10

0-52
9

2-83
5

2-35
4

2 20

5-43
9

8-49

3-37

7

8

8

7

244
3

08H 2 ? 9
2

7

to

5-85
10

0-28

7-7*
9

1-92
0

474
3

2-p2
7

9‘3to 2 7 5
b
7

5-18
5

4*50 7-38
5
8

2*10
4

3-89
3

o-oc
0

1*15
1

7-01

5-10

4-05
4

250
2

5-90 2 4 0
6
3

4-75
5

1*32 2*85
0
10

8

7

1-02 0-41
4
5

5-41
11
2-03
3

5*19

4-76
5

1-76
3

2-8 9 0-6S
0
4

778
14

5-8g
13

207
5

1-47
5

021
10

5-88

10-43 4-3o
18 . 11
0-40 13-88 5-75
0
18
12

4-49
11

5-55
12

5-52
10

2-58
10

0-44
3

3*80

8

2*32
10

0-20
to

5*72 2 95
10
10

2-78
14

3*17 0-40
13
11

1-41
15

2-90
9

5-99
14

374
10

11

5

5

4-35
5

0-45
9

10

2-43

3-97

1-99
7

8-48
18

534
13

5-31
12

4-38
11

4-80
4

2-01

TOR 5 4 3
5
11

4*3"
14

3-46

0-58
4

6-21
18

0-93
15

473
10

4-14 4-27

1*71

3-47
9

7

7

8

3*84
13

3-05
12

0-98
0

5 17
11

3-16

1-89 10-03
7
21

8

8-49
lto

8

8

0-45
13

5-09
11

579
13

4-78
14

7-01
14

5*52 3-78
0
15

0‘9f 1 2 0 8 5-52 6-11
2
18
8
11

292
11

8

3-07
13

1-22 4-05
7
12

2*32 1-87
7
11

T81

2-05
12

2-01
9

200
18

0*50
3

3-50
21

2-50

2-25
0

2-70
11

4-93
11

4-60
10

359
9

2-77
0

1-24
5

1-49
8

0-33
5

0-29

2-50
8

8-10
15

1-77
0

2-52
11

2-01
0

1-22

4

7-05
10

2-35 4-27
7
11

002
1

0-78
0

2*32
7

4-02

0-14

0T5

0 74

1*11 2*30 4'7 3 0-70 1-96
2
7
8
10

0*15

2-36
9

3-97
10

1-05
8

0*00 2-21
7
n

1-84

2*73
9

0-29
0

3-13
10

2-74
4

0-18 7-07
1
0

6-70

2-15
5

2-08
5

1-73
4

2*00 2*40
3
1

1-50
4

2-35 13-00
13
5

0-30 5-22
1
7

1*84 10-31
0
12

1-80

392

4-01

11

11

2-09
5

1-40
7

6-76
14

2*42 8 0 9
13
5

5

4

11

2-0C
12

8

4

7

2*50 3-73
7
5

6

5

10

7

1-27
5

June
18.

June
25.

476
1 ,3 1 6

1,7 5 7
3,2 4 4

4 14
2,162

1 ,0 1 4
540

2 1 7 ,5 2 0
1 06,432

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

T o t . t o G t . B r i t ’n . 1,7 9 2

5 ,0 0 1

2 ,5 7 6

1,554

32 4 ,0 0 2

34 2 ,2 1 8

S05
..........

2 56
..........

425
........

3 5 ,653
3 50

2 8 ,7 4 3
'2 0 0

L iv e r p o o l.....................
O ther B r itish p o r ts ..

H avrb .............................
O ther F ren ch p o r ts ..

939
..........

T o t a l F r e n c h ___

9 39

805

256

425

3 6 ,0 0 3

2 8 ,9 4 3

B rem en ..........................
H am burg.......................
Other p o r ts ...................

6 45
2,0 5 3
300

6,7 4 6
131
3 00

4,139
743
1,166

2,2 4 7
2 09
300

7 7 ,6 3 5
2 9 ,303
3 7 ,421

1 0 5 ,8 1 0
3 4 ,548
5 4 ,5 6 1

T o t . t o N o .E u r o p e

2,998

7,1 7 7

6,048

2,7 5 6

1 4 4 ,3 5 9

1 9 4 ,9 1 9

Spain, I ta ly , &o..........
All o t h e r .......................

7,951
........

2,125
.........

2,7 0 4

668

1 24,779
2,178

7 2 ,6 1 8
2 ,8 2 2

T o t a l S p a i n , <fec ..

7,951

2,125

2 ,7 0 4

668

1 2 6 ,9 5 7

7 5 ,4 4 0

G r a n d T o t a l ___ 13 68 0 1 5 ,108 1 1 ,5 8 4

5,4 0 3

631,321

6 4 1 ,5 2 0

...

s h i p p i n g N e w s . — The exports of cotton from the United
States the past week, as per la te st m a il returns, have reached
23.655 bales.

T o ta l
N e w Y o rk —T o L iverp ool, per steam ers A u ran ia, 8 7 0 ........
Taiirio, 1 34 u p lan d and 10 Sea I sla n d ........ ............................
To H u ll, per ster m er M artello, 3 3 2 ..................................................
To M anchester, p er ste a m e r Chaucer, 1 79 u p lan d a n d 29
Sea I s 'a n d ............................... : ........................................................
To H avre, per steam er L a C ham p agne, 3 67 u p la n d an d 58
Sea Isla n d —
....................................................................... .........
To B rem eD , per stea m ers B rem en , 2 ,1 6 9 ___T rave, 78 ..........
To H iiriburg, per ste a m e r P ersia, 2 0 9 ...........................................
To A n tw erp , p*r stea m ers B erlin , 2 0 0 __ F rie sla n d , 1 0 0 ...
To G enoa, per steam ers E m s. 5 68 ..................................................
To N aples, per stea m er E m s, 1 0 0 . . . ...............................................
N e w O rleans T o B iem en , per steam er Croma, 4 ,2 0 0 ................
To H am burg, per s n a m e r s Croma. 5 0 .. Rha«-tia, 2 ,4 5 2 ___
To BaiOHjona. per steam er Conde W ilfredo, 5 83 .......................
To C orunna, p^r s te a m e r Conde W ilfredo. 2 0 0 .........................
To San tander, p er steam er Conde W ilfredo, 2 0 0 .......................
G a l v e st o n —j « H avre, per steam *r R ita, 6 ,1 2 0
............ ...........
N*>e fol k —To H am b urg, per steam ers Maroa. 5 1 9 ___P isa , 1 8 4
B o sto n —T o Liverpool. Der steam ers C orinthia, 3 7 ___L an cas­
trian , 5 up lan d and 77 Sea I s la n d ... Sachem , 1 4 5 _______
B alt im o r e —To L iverpool, per stea m er Sedgem ore, 5 ...................
To B rem en, per steam er M unchen, 3 ,0 6 2 ............... ......... ............
To H am burg, per steam er H e lv e tia , 5 0 ...................................... ..
P h il a d e l p h ia —To L iverp ool, per steam er W aeslan d, 3 6 3 ..........

2*PC
0

1*20
7

4-10
10

o-oi

0-82
2

5-13
10

2

4-13 11-38
15
0

a

0-00
11

1-39
3

7*70 4 5 4
0
4

2*21
5

7*47
4

0*74
3

1-09
0

315
4

1-40
4

7-87
0

0-94
2

6-11
6

1-32
0

0 14 0 0 7
2
3

4-71
12

1 93
9

0*82
7

5-87
9

1-02
0

0-41
5

0 -0 1 4-02
10
12

1 30
4

E g y p t i a n C r o p . — Mr. Fr. Jac. Andres of Bo 3ton has fur
nished us the report of the Alexandria General Produce
Association for the month of May as follows:
“ G reat cooln ess and abrup t c h a n g e s o f tem p era tu re h a v e ta k en
p la ce du rin g th m onth. T his w as g e n e ra l'y felt in the northern zone
of th e D elta , th a t is to sav in a sm a ll portion o f L ow er-E gypt, b u t the
effects o f th is u n sea so n a b le w ea th er g ra d u a lly dim inished in a d v a n c ­
in g t > th e so u th , so th a t p ra c tic a lly in th e g rea ter num ber o f provinces
th e tem p era tu re w as norm al, and ev en fa v o ra b le to th e cotton plan ts.
From th is it, resu lts th a t th e inform ation receiv ed from th e so u th ern
provin ces in d ica tes a good g ro w th in th o se p la n ta tio n s and th ey m a y
be considered ns fo rw a rd as ia 1896. On th e oth er hand co m p la in ts
o f a certain ch^ck to th e entton p la n ts h a v e com e to th e noTth of
Low er-Keyt>t and a s lig h t back w ard n ess is m entioned. N ev erth eles
tak en a lto g e th er th e fields h a v e a h ea lth y app earanoe and are ia
n orm al co n d itio n . W orms iu sm a ll q u a n tity have appeared in rare
p la ces, bui h a v e done no dam age w ba ever. The w * te r su p p ly , w ith
out b ein g abu ndant in Cower E g y p t, is sufficient. Our corresp on d en ts
in U pper E g v m h a v e se n t us e x c e lle n t rep orts. T he tem p eratu re h as
b een favo ra b le, th e w a te r more th a n sufficient, and th e fields look
w ell. T hey appear rather m ore forw ard than la st y ear a t th is tim e.
T here h av e been no traces o f w orm s th er e .”

b ales.
1 ,0 1 4
332
208
425
2 ,2 4 7
209
300
568
100
4 ,2 0 0
2,502"
5 83
20 0
200
6 ,1 2 0
703
264
5
3 .0 6 2
50
363

2 3 ,6 5 5

The
T h e particulars
p a r t i c u l a r s ooff tthese
h e s e sshipments,
h i p m e n t s , aarranged
r r a n g e d iin
n oour
ur u
usual
su al
fform,
o r m , are
a r e as
a s follows.
fo llo w s .

2*49 0-40
7
14

0-91

0-20
10

Sam e
p e r io d
p r e v io u s
year.

June
11

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

37t
0

8

4*97

4

sin ce
Sept. 1.

June
4

1-80
19

LOUIS’ANA
N e w OrleansR a i n f a l l , In
D a y s r a in ..
S h r e v e p o r t.—
R a i n f a l l , in
D a y s r a i n ..
S r d . C o te a u R a i n f a l l,in
D a y s r a in ..
L ib e r ty H ill—
R a in fa ll.In
D a y s r a in ..

1235

N ew Y ork .
N. O rleans.
G alveston ..
N o r fo lk ....
Boston. —
B altim ore..
Philadel'fa..
T o t a l. . . .

H u ll dt
B rem en
& H am L iv e r ­ M anpool. chest er. H avre, bin g.
1,014
540
425 2,456
.... . ......................... 6,702
_____ .......... 6 .1 2 0 ..........
. . . __ .........................
7 03
. . . . . ..........
2 61
5 ......................... 3,1 1 2
3 6 3 ........................................
1,646

54 0

6 ,5 4 5 1 2 ,973

A n t­
w erp. S p a in .
3 00
983
. . . . . . ____
...... . . . . . .
.....
.....
_____ _____
.......... ..........
3 00

983

I ta ly .
668
_____
..........
_____
___
..........

T o ta l.
5 ,4 0 3
7 ,6 8 5
6 ,1 2 0
703
264
3 ,1 1 7
363

668

2 3 ,6 5 5

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
G a l v e st o n —To L iverp ool—Ju n e 1 7 —Steam er E xp lorer, 2 ,3 4 9 .........
J u n e 18—8team er Florid ian, 57.
N e w O r l e a n s J o L iverp ool—Ju n e 1 8 —Steam ers C apella, 1,047; E n­
gin eer, 2 ,000.
To A n tw erp —J u n e 18—S team er Cayo M ona, 650.
To B a r c e lo n a -J u n e 1 9 —S team ers Ju a n F orgas, 1,988; M iguel
J o v e r, 1,300.
To O porto—J u n e 2 4 —B ark O liveira, 120.
To G en o a —Ju n e 1 9 —8 tea m er J u a n F orgas, 5 5 0 . .. . .J u n e 2 3 S team er Turkish P rin ce, 750.
B o s t o n — m L iverp ool—Ju n e 15—S team er V ictorian, 17 4 Sea I s la n d ....
J u n e 1 8 —Steam er so> th ia, 1 0 9 .. J u n e 2 2 —Steam er C estrian, 48.B a l t im o r e To L iverpool—Ju n e 2 3 -S te a m e r U lsterm ore, 20.
To G la sg o w —J u n e 18 -8 t e a m e r H e stia , 20 5 S ea Islan d .
To B rem en—Ju n e 2 3 —S team er R oland , 218.
To H am burg—J u r e 2 2 — ‘team er A dria. 100.
T acom a —i o J a p a n —J u n e 19—S team er P ath an ; 100.

Cotton freights at New York the past week have been
as follows.
S a tu r .

M on.

T u ts .

Wednes. T h u rs.

F r\

12t
12t
12t
121
121
121
21*9251 21*9251 2 l® 2 5 t 2 1 9 2 5 1 21® i 5+ 2 1 9 2 5 )
211
211
211
2D
21t
211
24t
24f
24!
24f
24t.
24t
251
25t
251
25t
251
25t
38t
38 i
381
381
38t
38t
33t
33f
33f
33t
33t
331

L lverp ool.ask ed . d.
H avre...................
B rem en............... d.
H am b urg........... .d.
A m sterd am ........
tieval, v . Harati .d.
D o v . H u ll.. .d .
....
....
....
....
B arcelona........... .d .
221
221
22t
221
221
G e n o a ..................
221
T rieste................. .d . 28 9 3 0 t 2 8 3 3 0 t 28*3)301 2 3 ® 3 0 t 28 3501 28 3 3 0 ?
A n tw erp ............. .d.
*8
%
*8
G h en t,v.A n tw ’p.rt.
&9Q
5a?
5*9
582
5 *2
5aa
I C ents n e t per 100 lbs.

THE CHRONICLE

*238

Ls v k u p OOL. - B y cm bte f r o m Liverpool we have the follow
* u .,
ftfstrtlr* & t\
at. f ,h a t n n r t .
...» __
J u tt4 4

J%mi 1 1

J u n e 18.

ng

J u n e 25.

4 9 .0 0 0
3 0 .0 0 0
7 1 .0 0 0
5 0 .0 0 0
« f th e w*Mk .
W W ■
6 ,0 0 0
14.0 0 0
1,300
1,000
O f if WeL emp&tte?# uw.k»».*,
400
1,300
300
1.700
Of whirls
to o k ,
4 4 .0 0 0
5 0 .0 0 0
15.000
3 3 .0 0 0
&*&m A«tt^*wa»w*—•6
,0
00
0
,0
0
0
10 .0 0 0
9 ,0 0 0
it &m&i
......
4 7 .0 0 0
5 1 .0 0 0
4 1 .0 0 0
5 0 .0 0 0
l% rwiwtfw.. . . . . . . . . . . . . . .
1
,0
3
4
,0
0
0
1,00*1,000
11,081,000 1 ,0 0 1 ,0 0 0
Tf is I
EfcClmaf6*1.
8 5 1 ,0 0 0
8 8 0 ,0 0 0
98-1,000 9 1 2 ,0 0 0
Of w hieb Aiiwrf oa.a -~Ks
2 5 .0 0 0
2 2 .0 0 0
8 0 .0 0 0
3 1 .0 0 0
Ynsmt tni|H*n o f the w eek .- . . .
10.000
1 3 .0 0 0
17 .0 0 0
1 5 .0 0 0
O f w h ich Aincrie&n-. . .
3 7 .0 0 0
4 4 .0 0 0
5 3 .0 0 0
5 2 .0 0 0
Aasctttiit ikfi©M.,. . . . . . . . . .
2 5 .0 0 0
2 9 .0 0 0
8 3 .0 0 0
4 2 .0 0 0
Of w hich A m e r ic a n ....

Toe ' i i ' of- she Liverpool market for spots and futures ea< h
J a i of th e week ending June 23 and the daily closing priot s
of s p o t. o tto n . have been as follow s.
Spot.

N aiurdoi M o n d a y. T u e sd a y

M arket, (
1:45 r. M.J

Quiet,

MM.UpVd*.

**«

8-ahw..........
Spec. Jtexp.

8 ,0 0 0
1,000

F u tu r e ,.
M arket, {
hc45 I*. 54. \

Quiet at
% m *wtvftiiee.

M arket, I QBle! but
4 P. M. f »tc«8r.

*»
•
••
b
o
H

W ed'rtay T h u r s d ’y

F r id a i.

Easier.

4^32

4*«

4*s

10,0 0 0
1 ,0 0 0

1 2 ,0 0 0
1 ,0 0 0

10,0 0 0
1,0 0 0

;

Quiet at
Steady. : partially
i-G4r dec.

Quiet at
partially
1 6* dec.

Quiet.

Quiet but
steady.

Steady.

The prices of futures at Liverpool for each day are giv n
b e io w , Prices are on the basis of Uplands, Low Middlirg
clause, unless otherwise stated.
Hr* The p rice * a r e g iv e n in p e n ce a n d 8 4 th.

T h u s : 3 63 m e a n s

3 S s- 8 -W.. and 4 01 m eans 4 l-64d .
S a tn r.

M on,

T ue»,

J u n e 19 to
J u n e 25. 12% 1
P. M. P. M
d.
d.
J a m ............. 4 05 4 OB
Jan e-July 4 0 ‘ 4 or.
4 0 5 4 05
Ju ly. Aug
A ug.-sept. 4 01 4 02
S ep L -O ot.. 3 5 9 3 59
O c t - N o v .. 3 5 3 3 :>3
Nov.-Dee.. 3 ^ 0 3 50
Dee.-Jan... 3 49 3 49
J * B .- l» l., 84913 49
Feh...V eh... 3 49(3 5l<
Meh.-A pril. 3 5013 51
A riril Mcv .

W ed.

T h u rs,

F r i.

1:45 4 1:45 4 1:45 4
P.M. P.M, P.M, P.M, P.M. P.M.

S’
S
o
s
•
•1

4
4
4
i
3
3
3
3
3
3
3

d.
d.
d.
06 4 03 4 04
06 M 03 4 0 4
05 4 03 4 03
0 2 4 00 *1 00
59 3 57 3 57
5 4 3 51 3 51
51 3 4 8 3 49
49 3 47 3 48
49 3 47 3 48
50 3 48 3 48
5 1 3 49j3 49

d.
4 04
4 04
4 03
-l 0 0
3 57
3 61
3 49
3 49
3 48
3 48
3 49

quoted at 8 u 58 c . f. o. h, ail iat, No, 1 Northern Duluth at
TiDgC., No. I ham Manitoba at 80 \Jc. and No, 3 red winter
for August delivery at 77/Je.
OA1LT CLOSING PRICKS OF NO. 2 KI'.Ii WINTER WHEAT.

whs

J line to ll v ery ....... .
J illy d elivery . .. ...-.O.
September d eliv ery .. . . 6 ,
Daeember d e liv e r y ....

Sat.
79
74%
70\
72

4
4
4
3
3
3
3
3
3
3
3

d.
02
02
02
63
56
50
48
47
47
47
48

4
4
4
3
3
3
3
3
3
3
3

d.
02
02
02
62
57
50
48
47
47
47
48

M oit.
71H
73 Ss
« 0»8
7I*s

Tues.
75%
74%
70 ig
71%

Wed.
7 -%
74%
(19%
71%

Thurs,
70%
75%
70%
71%

Fri.
77
75%
70%
72

The speculative dealings in the market for Indian corn
futures have been dull and prices have gradually weakened
under liquidation by tired holders promoted by the favorable
crop advices received from tlie Wes*. Tue close was steadier
in sympathy with the advance in wheat and on a demand
from shorts to cover contracts. There has been a moderate
amount of I usiness transacted here and at outporta for ex­
port but to day the market was alow ; the sales included No.
2 mixed at 80k£c, f. o. b. afloat.
DAILY CLOSING PRICES OF NO. 2 M IXED CORN.
Mon.
Tues. W ed.
Sal.
Thurs.

J u te flelivery....... ........
29%
July d elivery.................
29%
In buyers’ August d e liv e r y ......... .0. . . . .
favor.
September d e liv e r y ... -C. 30%

Good
demand.

>
sS'
1
C
tz

|VOL, LXIV,

50%
2 tt*i
30
30%

291.1
2 S*%
2 i >78
30%

29%
2 H%
30%

29%
29%
29%
30%

30%

Fri.
29%
29%
31

Oats for future delivery have been dull, and the changes in
prices have been of an unimportant nature. Early in the
week the market was slightly easier, but the close was
steadier. The volume of business transacted in the spot
market has been only moderate, as demand has been limited
both from shippers at d the home trade. The close was steady,
with No. 2 mixed at 22@23VgC. in elevator and No. 2 white at
25c. in elevator.
DAILY CLOSING PRIDES O F NO. 2 M IXED OATS.

Sat.
J u ly d e liv e r y ....................o. 22 %

Mon.

lu e s .

Wed.

22

22

22

Thurs.

22%

F r i.

22 >4

Rye and barley have had only a limited sale, but prices
have ruled firm.
The following are closing quotations :
FLOUR.
F in e...............
bbl.$2 1 5 0 2 55 P aten t, w in ter___. . . $4 25®
Superfine..................... 2 4 0 a 3 00 City m ills e x tr a s___ 4 60w
Extra,, No. 2 ................ 2 75® 3 3S
R ye flour, superfine.. 2 1 0 ®
Extra, No. 1 ............... 3 15® 3 65 Buokwheat floor__
C lears........................... 3 3 0 a 3 90 Com m eal—
Straights...................... 3 8 5 a 4 10
Western &o............ 1 50®
P atent, spring............ 3 85 a 4 20
B r a n d y w in e ..,....... 1 8 f ®
[Wheat flour in sacks sells at prices below those for barrels.
grain .
c.
Oorr, per bneh—
c.
Wheat—
0.
Spring, per b u sh ... 75 ® 1-0
West’n m ix e d ...___ 2 8%®
Red winter, No. 2.. 75%® 77% No. 2 m ixed ............. 2S*4®
K-(l w inter ........... 73 ® “1
~W estern
'
ye"
llo w ..
29*3®
Northern, No. 1__ 78%® 70%
Western w h ite ___ 29*3®
Oats— Mixed, per bu. 21 @ 23% B y e W estern, per hush. 3 7 a
White . . . ................ 2t%® 31
No. 2 m ixed............. 2*2 ® 23
State and J ersey .. 39 ®
40
»
No. 2 w h ite............ 25 ® 26
B arley—W estern—
27*s®
F eed ing.............. ..

4 50
4 70
2 50
....
1 80

1 90

e

31
30*4
31 %
31*3
41
41

44

52

The movement of breadstuffs to market as indicated in the
statements below is prepared by us from the figures of the
New York Produce Exchange. The receipts at Western lake
F r i d a y , June 25, 1897.
The volum e of business transacted in the market for wheat and river ports for the week ending June 19, and since
Aug. 1. for each of the last three year?, have been as follows ;
flour has been lim ited. Demand from the home trade has
been cor.fu >d to peddling orders and the export business has Receipts at— Flour.
Outs.
Rye.
Wheat.
Corn.
Barley.
bc< n flat; prices have been irregular, the spring grades have
Bbls. 19®bs Bush.m lbs Bush. M lbs Bush,82ihs Bush. 18 lbs Bush, 56 lbs
12,750
47, il?
25 TOO 2,473,563 2,000,477
131,030
been w< !1 held, «m ie mills endeavering to obtain slightly Chicago.....
113,100
22,109
254,000
119,201
10,800
•12,150
Milwaukee.
beiti r prices, w hile w in ter-w h eat flour has been offered at Duluth.....
1.084
20,259
143,547
42 \354
40.8,306
93,705
I <w< t iig im s, tlie near apt roach of the new crop movement Minneapolis
777,000
386.270
39,000
1,698
*.,*..*.
512
248,989
2,603
£0,676
6,000
b eing the cause. City mills have had a limited sale at steady Toledo........
5,127
24,046
4.700
28,763
3,273
4,675
Detroit......
pri<
Bye flour has had a fairly active jobbing sale at Cleveland ..
74?
61,420
09.181
45.es J
... ....
b r iy prices. Corn meal has had a fairly quick sale and St. Louis...
63.779
100,890
136,185
2,800
23,38)
750
193,55'
10,800
374,100
7,350
7,000
1,200
vain - have been fairly well maintained, closing slightly Peoria . ..
82,500
41,000
13.000
Kansas City
higher.
223,359 1,513,950 3,507,40 L 3,521,015
53,685
Tot.wk.’97
•408,172
The speculative dealings in the market for wheat futures Same wk.’96
260.941 2.800,004 1,990,055 3,663.153
469,082 - 66.069
34,309
b a re b ttn m oderately active, butthe course of ptices has been Same wk.M)5
189,150 1.038,270
848,550 2,050,923
73,681
som ew hat irregular, d eclinin g early in th e week, but later Since /lufl.l.
161,289.685
148,688,338
0,013,602
10,418,167
37,789,457
1806-97...
158,477,451*
m ore than rt covering th e loss on th e near-by deliveries. Sat1806-96... 0,8 >3.341 190,741,063 109,987,449 137,057,460 38,362,350 3,838,835
i: : v i:.i r. w: ^ dull market but prices made fractional
1894-95 ... 11,134.020 139,475.860 75,474,382 90.131,637 31.118.293 2,563,483
advance* on a veriog by a few shorts over Sunday. Monday
The receipts of flour and gr iln at the seaboard ports for the
the market tu rn ed w eaker; foreign advices were flat and
rt j.ortB from the W est stated that conditions for the crop week ended June 19, 1897, follow:
W h e a t,
flour,
Oats,
Corn,
Rue.
were favorable. T here w as some pr* ssure to sell and prices
bush.
bush.
bu sh .
a t—
bbls.
bush.
at >h< cbm,, showed a decline of J4 @ % \ There was a steadier N Receipts
635,15 J,Mi*,400
32,600
338.360
069,526
e w Y o r k , . ..............
34P,€80
84,721
1,600
174,843 271,041
tu rn to (be m a rk e t on T uesday. Advices from theSouth- B o s t o n .......................... 11,623
4,140
’ 10,348
100,1 54 261,500
147,749
.
26,2-8
"
r< p o r te d
rains in
the harvesting district and PMhontreal.--..........
109,980
392.105
28,654
i l a d e l p h i a ..............
48.24
‘88,659
622.106
97,709
373,717
D.cr<-p
m ovem ent
w as
em ail;
ihiB
stimulated B a l t i m o r e ............ . . . 00,175
18,170
9.430
79,500
R i c h m o n d . . ......... ..
2 $ ||7
a fieri], nd from shorts to cover contracts*, resulting New
133,510
188,467
O rle a n s * ,.........
11,476
N e w p o rt N e w a. . . . . .
28. ooo
'*..... ..
a d v a n c e in prices, closing
higher for G
a lv e s to n . ................
1,643
day. W ednesday the m ark et opened 'slightly higher, in
212,749
42,948
a l w e e k .......... 374,002 1.* 25.788 2,331,3?0 2.548,6*8
r. spen-e to stronger foreign advices and b as fav o rau ie crop W e Te ko t1898.
108,700
41,642
. . . . . . . . & 1 A 7 3 2,068.861 1,390,836 2,417,0 LI
• L om abroad. He ports from th e W is t, how ever, stated
•Receipts d o n o t i n c l u d e g r a i n p a s s i n g t h r o u g h N o w O r l e a n s f o r f o r e i g n
tbs; pn *pcct- U r the crop w ere favorable and prices g rsd u . iv , . s-. d d u ring th e day, closing slightly low er. Thurs- p o r t s o n r.bronen bills o f J a d in g
Total receipts at ports from Jan. 1 to June 19 compare as
r.f.v tier.- wa- more or lees talk of a possible deal in
lo w s f o r f o u r y e a rs :
' ntrseta a t the W est, an d th ere was fairly active fRoelceip
1898.
1895.
189).
t* o f 189 \
? I t g I y shor - to rover co n tracts in th e near-by deliveries, P i o u r , ....................b b ’.s 7,465,655
5,8.33.980
7.323.329
0,223,115
'kow.-d prices % @ \% c. higher for the day. W h e a t .. . . . . . . h u s h . 19,229,760
13,178.859
20.202,667
14.K13.577
86,598,4 i‘l
;.T ”
f <’-"Oil- advanced L « L r . in sym pathy. To-day C o rn ................. . " 91,1*82,107
28 157.453
17,095,041
17,813,730
16.037.fi33
. ‘l
8 3 ,4 7 2 ,0 0 7
20,860.988
,
''v a was s iig h d r b ig h sro .t cuiitinued b uying by aborts OB aatsr l e y ...........
5,910:734
,,. . . . . . . . . M
3,753,458
1.590,094
1,408.903
1,021,201
112,555
' [ coni
;- ‘mrrsets.
’
Exporter# have been m oderate buvera in R y e . . . . . . , . , , . . . , ♦* 4,070,079
167,000
3 f « l m a r k e t , b u t t h e c lo s e w a s q u ie t . No. 1 hard Duluth
69.0 2 5 ,7 9 4
T o t a l g r a i n ...........154,071,437
8 8 ,4 4 0 ,7 2 8
51,018,517

B R E A D S T U F F S .

THE

J un e 26, ltS)7.

The exports from the several seaboard ports for the week
ending June 19, 1897, are shown in the annexed statement:
bitsh.

Corn,

bush.

New York .. 901,15'
955,499
Boaton. ...... 368,177
. .. .
Galveston.....................
...
Philadelphia.. 125.741
42.856
Baltimore. ... 104,051 493.494
New Orleans................
213/268
Norfolk............................................
Newp’rt News .. .......................
Montreal........ 324,902
69,981

Total
. 178.999
Total 1896-96. ... 196.240

flo u r

u a tt

51,015
17,126
1.643
25,459
47.200
979

733,301
24M84

hla.

tiya,

packages, valued at $127,892, their destination being to the
points specified in the tables oelow:

Barley,
1897.
1896.
bush.
N ew Y o r k to J u n e 21.
4,081 £77,637
Week. S in c e J a n . 1. Week Since J a n . 1
400
.........
...............................................
19,991
1,050
.........
G reat B r ita in _____________
2 ,5 5 3
92
25
1,1 3 0
............
77,993 .............................
J th er E u r o p e a n .....................
2,0 7 7
16
66
1,801
19J . .. .....................................
Jhina ........................................
6 5 ,4 6 2
696
5 6 ,4 2 6
3*682
3 ,6 0 7
2^,000
..........................
................ ......
7.611
127.669
. .. .
39,228 10,152 Arabia...................................... . .
1 4 ,849
1 ,1 7 7
1,801
10)366
A frica ........................................
1 1 ,9 0 7
50 3
505
8,7 8 4
Total w’k ... 1.884.027 1,773.093 178,943 1.127,638 151.853 44,752 387,739
West I n d i e s .........................
230
7 ,2 2 9
211
6,0 6 3
flame tim e ’96.1.736.381 1,132,273 196.210 1,345,721 2S,9d5
36,437 ............. M -tx lo o ..................... . .............
1,6 0 6
143
67
1,5 2 7
3 ,6 3 2
103
The destination of these exports for the week and since 0 Mitral A m e r ica ......................
101
4 ,3 9 3
2 5 ,5 0 2
lo a th A m e r ic a .....................
64 2
1,5 9 4
2 2 ,9 8 9
September 1, 1896, is as below.
2
2,0 4 6
O tner C o u n tries.....................
65
1,951
.---------H our.---------* -------- Wheat.--------> .---------- Com.--------- ,
Exports for
Week Since Sept.
Week Since S'vt.
Week Since Sept
f,or,al......
................
.....
1
4
0
,5
4
5
5,0
9
6
1
1
8
,4 3 7
2,943
week and since June 19. 1,1896.
June 19.
1896.
Jane 19.
1,1896.
9 ,2 5 0
C hina, v ia V a n c o u v e r * ,... ..........
1,227
1 5 ,5 5 0
Sept. 1 to—
bbls.
bbis.
bush.
bush.
bush.
bush.
Otolted Kingdom 119.869 6,853.710 1,321.807 38,047.802
905/93 70.863 490
C ntlnent..........
24.630
770.372
409.322 10,016.856
837.910 72.153.952
ootal
6 ,3 2 3
1 4 9 ,7 9 5
1 3 3 ,9 8 7
S %C. A m erica.
13,798
867.095
54,009
1,286
LS<.P56
* Prom
E n g la n d m ill p o in ts d ir e c t
W est Indies..
14.34 8
865,816
. .. .
26.695 1,002,032
Brit. S. A. Col’s.
3,325
234,946
............
370 063
The value of the New York exports for the year to date has
Other countries.
3,023
21C.801
C2.898 1,057,610
2 ,li5 1,702,290

E x p o rts from

Wheat,

1237

CHK01NL L E

Vu**

b-u**

Beus,

73,855

bus .

9.808,549 1.824.027 49.170.183 1,773.095 U3.336.8R5
9,800,705 1,730.381 37,418.552 1.432,273 73.366.20j

The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, June 19, 1897. was as follows:
In store at
N jw York...................
Do
afloat, .

Wheat.
bush.
99U.000
123,000

Baflalo .....................
C hicago...................

been $5,5C6,332 in 1897 against $5,310,864 in 1896.
The market fer brown sheetings and diills is steady, but the
demand, although somewhat better than last week, is still in­
different on both home and export account. A number of
bids for forward deliveries of quantities have been turned
down by sellers at but a small difference between bid and
asking prices. Bleached shirtings are still in indifferent re­
quest for both manufacturing and jobbing purposes, and the
demand is readily met by sellers in all grades. Sales of wide
sheetiDgs have been on a limited scale, without change in
price. Cotton flannels and blankets in good outward move­
ment on existing orders, but new business slow. Denims are
firm with moderate sales, other coarse colored cottons quiet
and unchanged. Kid finished cambrics steady but quiet at
3c. Silesias in rather better request. Dark fancy calicoes
are in quieter request than of late, but agents have done well
up to date Indigo blues, black and whites, Turkey reds and
other regular calicoes have been quiet without special feature.
Dress style ginghams continue inactive; staples in moderate
requesh Print clotbs have ruled firm at 2J£c. for extras with
a lair demand for both regular and odd goods

Oits,
bu«h
2.308.000
12,000
50,000
376,000

Rye
bush.
396.000
8 00 •

Barts v.
bush.
74.000
30,000

1,123.000

Com,
bush
1,239,000
87.000
3*1.000
809,000

52,000

204.000

4,442,000

7.600.000

1,928,000

608.001

36,000

M 'lw aakee.................. 113,000
Do
aflo a t........
D alu th ......................... 1,815.000
Do
a flo a t........
T oledo.......................... 306.000
Do
afloat..........
25.000
Detroit ......................
Do
afloat..........
^ iw ego........................
138.000
S Lociii....................
Do
afloat..........
1,000
Cincinnati....................
157,000
85.000
Toronto........................
£09.000
Montreal....................
140,000
Philadelphia.............
Peoria.
.............
21.00c
Indianapolis..............
135,000
K vuua City................
391.000
Baltimore...................
Minnea polls................ 9.600,000
On Yllaalaalppl River.
270.000
On Lakes....................
On canal and riv er... 38J.O.O

3.000

1000

308.000

08.00c

10,000

883,000

372,000

288,000

030.000

90,000

73,000

42.000

16,000

lS.OOO

89,000
544.0 JO

133.000

7,000
1 /0 0

72.000
102.000
1,035,000
99.000
18.000
1.780,0< 0
1,370.000

8.000
272.000
47.000
027.000
70,000
19.000
i 7 7.000
248.000
130,000
46.000
1,400.000
103,000

134,000
87,000

140.000
197,00-

T otal s t o o k t o l e o e s ) .. .. 1 ,4 7 0 ,0 0 0 1 ,9 3 6 ,0 0 0
3 1 7 ,0 0 0 1 ,0 1 4 ,0 0 0
F o r e i g n D r y G o o d s . — There has been no material change

Total June 19 1897.2h.fl73.000
Total June 12.1897.22.680.000
Total June 20.1890 48.819.000
Total June 22.1895 4fl.225.000
Total June 23.1894.55.853.000

17.367,000
10,021.000
9,370.000
9.499,000
7.184.000

9.092,000
9,750,000
8 396.000
7,976,000
2,350,000

2,342,000
2.301.000
1.521.000
137,000
246.0U0

1.143.000
1.517.0 0
957,000
130.000
79,000

in the foreign goods market; business in fall lines continues
quiet but the tone is generally firm. Importers make little
effort to secure orders for next spring in advance of the
passage of the tariff bill.

3,000
955.000
Ifl.OOC
712,000

42,000

2,000
1,000
23,000
21,00 '
44.000

2,000
6.000
150,000
18,000

17,00*

1897
18 9 6 .
Stoc/c o f P r i n t O lo th i—
J u n e 19
J u n e 20.
A t P r o v id e n c e , 6 4 s q u a r e s. 4 7 5 ,0 0 0
3 1 0 ,0 0 0
A t F a ll B lv e r , 6 4 s q u a r e s .. )
nnn 5 1 .0 1 0 ,0 0 0
At F a ll R iv e r , od d s iz e s . . . . $ y a 3 ’uuu 7 6 1 6 ,0 0 0

18 9 5 .
1894.
J u n e 22 J u n e 2 3 .
1 7 9 ,0 0 0 2 8 9 ,0 0 0
5 0 .0 0 0 5 3 5 .0 0 0
1 9 0 .0 0 0

88.000

I m p o r t a t io n s a n d W a r e h o u s e W i t h d r a w a l s o f D r y G o o d s

THE

DRY GOODS TRADE.

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8,183

N e w Y o r k , F r i d a y , P. M ., June 25, 1897,
Conditions in the primary market for dry goods have not
undergone any radical change during the past week, but,
nevertheless some improvement in the volume of general
business passing can be reported. It is not the time of year
to look for any marked expansion of buying, and the increase
comeB from a larger number of small to moderate-sized orders
coming forward. The great bulk of these are for quick deliv­
eries, which is satisfactory indication that the requirements of
buyers are growing more peremptory. This is seen in both
the cotton and woolen goods divisions. It does not bring with
it any improvement in values, the demand being readily
enough met at current quotations, but on the other hand
sellers, with very few exceptions, hold well to these, the un­
dertone of the market being, in fact, quite steady. Against
prevailing quietude are set the reports which continue to
come in from outside sources of good fall prospects, not in
dry goods alone, but in other branches of business also, and
the belief that a good all around business will develop here
before next month ig far advanced. Manufacturers of staple
cotton goods are not at all disposed to commit themselves to
forward engagements of any extent at prevailing prices,
although they are ready enough to dispose of stocks on hand
thereat.
W o o l e n G o o d s . — The re-order demand from both the local
and outside markets has shown further improvement during
the week and a fair aggregate business has been done. W hilst
the bulk of the orders is still for medium and low-priced
piece-dyed and fancy fabrics, there is a fair sprinkling for
the better grade goods. The tone of the market is firm, but
no hardening tendency can be detected in heavy-weights in
any direction. The spring situation is no better defined than
a week ago, nor are any developments of importance looked
for until after the passage of the tariff bill. Sales of over­
coatings have been on a moderate scale and mainly in $1 00
to $1 25 grades of plain-faced goods. Cloakings have been in
moderate request at previous prices. In dress goods both
plain and fancy fabrics have been in better re-order demand
and the tone of the market is steady. Flannels and blankets
are quiet and unchanged.
D o m e s t ic C o t t o n G o o d s — The exports of cotton goods
from this port for the week ending June 21 were 2,943

The importations and warehouse withdrawals of dry gocds
at this port for the week ending June 24, 1897, and sin<e
January 1, 1897, and for the corresponding periods of la t
year are as follows:
___________________________________
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USB

THE CHRONICLE.

S tjitt

A n t

C ity p E fA ftT M E flT ,

TER M S OF S U B S C R IP TIO N .

[V ol, LXIV.

« 1 N Amarif ’ •^e*~7.-Bo” d S a le .— The city of Auburn has sold
I n W n at 1 frUei “ I k 01119 l ? -the Shoe & Leather Bank of
A v A f " , , 1!..0' 2A- J h,e securities are dated July 1 , 1897, in ­
terest a t the rate of 4 per cent’ is payable semi-annually in

Inventors' ScppLKMEjfT will be furnished w ith o u t m
“ S 8alylf?917.ln ^ StOD' MaM" and tbe priaoiPaI will
e x tr a char,jr to every annual subscriber o f the Commercial
Banks Township, Pa . — B o n d s P ro p o sed .— The School Board
*st> F i .s a .n c ia i . C h r o n ic l e .
has under consideration a proposition to issue $6 ,0 0 0 of bonds.
Tit-- S tate .urj> Oity S upplement w ill also be furnished
h/ T Intf,re8t at the rate of 0 per cent.
w i t h o u t ' -.rtra chary,: to every subscriber of th e Chronicle .
. fAA, } y ' 7 n 0 n d
report has been published to
The S treet Railw ay S upplement w ill likew ise be fur* the effect that Rarre has under consideration a proposition to
iusiu-d w ith o u t e x tr a charge to ever? subscriber of th e
W el^ ’ ? ity Treasurer, repoGA to tlm
Hi-,

C

h r o n ic l e

.

Tli-- Q c o t a t io n S u p p l e m e n t , issued monthly, w ill also be
furnished w ith o u t e x tr a ch a rg e to every subscriber of the
Chronicle .
TERMS for the C h r o n ic l e with the four Supplements
above named are Ten Dollars within the United States and
Twelve Dollars in Europe, which in both cases includes
postage.
__________

h ^ n ^ o n t e m p l a t e d ? ^ " lnC°rre0t’ 88 no i8sue of bonds
w n a m l t <Sreok’ M ic h — RomJ S a le . - I t is reported that the

830,000 of 5 per cent paving bonds of Battle Creek, bids for
which were received on June 31, 1897, were awarded to W ,
J . Hayes & bons, of Cleveland. The securities are dated
Sept. 1 1897; interest is payable aemi-annually on the first
days ol March and September, and the principal will mature
at the rate of 810,000 per annum from Sept. 1 . 1918 lo 1920
inclusive both principal and interest being payable at the
Terms of Advertising'— (P e r inch space.)
National Park Bank of New York City.
Bay St. Leals, Miss. — B o n d s A u th o r iz e d .— Bonds of this
One time,........................... S3 50 [ Three Months (13 times)..$2 ,i 00
O n e -Month
(1 tim es).. II 00 Six m ouths
(26 tim es).. 43 00
city to the amouut of $30,000 have been authorized and will
T *o Month*
(8 tim es).. IS 00 | Twelve Months (52 tim es)., 58 00
soon be issued,
I --" ehovv term* for one month ami upwards are for standing cards.
Bethlehem, Pa.— Dowds A u th o r is e d .— The citizens of Beth­
lehem have voted in favor of a proposition to issue $7 5 ,0 0 0 of
Bond Proposals and Negotiations this street-improvement bonds.
Hiddeford, Me .— B o n d S a le .— The following bids were reweek have been as follows.
*«NVrn
0? , June 33> 1897' by tbe city of Biddeford for the
Alameda County (Cal.) Fruitdaie School D is tric t.— 84o,( 00n of
4 per cent 20-year refunding bonds :
B o n d s Lk f , nfed.— A t an election held on June 13, 1897, the
lo t- ia o
eilir.-ns of this district defeated a proposition to issue 810,000 S w an & B a r r e tt, P o r t l a n d ...........108-3101 R L . o » 4 & C o B o sto n
of « per cent 1- 10 -year school bonds.
Albanj-. X. Y — B o n d s D e fe a te d .— The Common Council of
The bonds were awarded to Swan Sc Barrett.
Albany at a meeting on June 21,1897, failed to adopt a resolu­
Boonville, Mo.— Bond O ffe r in g .— Proposals will be received
tion to authorize the issuance of 825.000 of bonds to complete
until July 1, 1897, by M. W . Muntzel, City Treasurer, for the
the work in Beaver Park,
purchase of $1 0 ,0 0 0 of sewer bonds,
Allegheny, Pa.— Rond O ffe rin g .— Proposals will be reBoston, Mass. B o n d S a le ,— The following bids were rern vrd until 3 o’clock p. m . July 8 , 1897, by James Brown, ceived on June 25, 1897, for the §1,500,000 of S}£ per cent
City Comptroller, for the purchase of 8334,000 of 4 per cent Rapid Transit bonds of the city of Beston :
str. ••.■improvement bonds. The loan will be in the form of S t u a r t & P a d d o c k , B o s t o n . . . . . 102-675 Estabrook & Co.,
R . I». D a y & C o ., B o s t o n . . . )
, ft5Kn*
, Merritt COMBOS.:! 102*170
registered bonds of the denomination of 81,000 each, dated B l a k e B r o s . & C o., B o s t o n . . . 5 102 l l j Blodget
Third Nat.
[at. Bank
Bank, Boston. A.’, i
P a r k i n s o n & B u n * ,B o s. $500,000 102,277 J. & W. Seligman
, , ,$ 102-087
Co,, A
N.Y.
January 1,1897; interest will be payable semi-annually on the P a r k i n s o n & B u r r ,B o s . 500,000 102-077 Jas. W. Longstreet &
Co., Bos. 102*010
I ’ arfe in sc m & B u r r ,B o s . 500,000 101*707
first days of January and July at the office of the City Treas­
The bonds were awarded to Stuart & Paddock, The
urer of Allegheny or mailed by oheck to the registered holder
thereof. The principal will mature as follows : $66,000 Jan­ cohort18 lssued m ,the, form ot registered bond certificates of
81,000 or any multiple thereof, dated Ju ly 1, 1897; interest
uary 1, 1907; $66,000 January 1 , 1912; $66,000 January 1,1917; is payable semi-annually on the first days of January and
January 1 , 1922, and $68,000 January 1, 1927. Each July, and the principal will mature July 1, 1937, both principroposal must be accompanied by a certified check for 5 per pa1 and interest being payable at the office of the City Treasurer of Boston The loan is secured by a sinking fund and
■cent of the amount bid for.
t
i l l ^fn[ 8 r,flAdf ^ 1’S l0 'S?0 f.or the construction o t the subway
The official n o tice o f th is b o n d o ffe rin g w ill bs fo u n d a m o n g aDci
$o00j000 for the Charlestown Bridge.
the. a d v e rtise m e n ts elsewhere in th is D e p a rtm e n t.
B o n d s A u th o r iz e d .— O n June 2 2 , 1897, Mayor Quincy re­
Anderson County,, 8 . C.— M e e tio n C o n c e rn in g th e D iv is io n turned to the City Council the loan order authorizing loans
-'C irthj .--O n June 28, 1897, the citizens of a portion of for various municipal purposes for the coming fiscal year. The
Andercon County will vote on a proposition to form two new order, as passed, called for loans to the amount of 81 567 0C0
but as tbe borrowing capacity of the oity of Boston at that
counties out of their part of the county.
was only 81,636,000, the Mayor thought it best to disap­
Minn . - B o n d s A u t h o r i z e d .- l b is reported that the time
prove of items to the amount of $393,700.
1
a t j of Anoka has voted in favor of issuing bridge bonds
Braildoek, Pa.— Bonds D e fe a te d .— On June 22, 1897 the
Arverne by-lhe-Sea, N. Y.— B o n d N ew s. — The “ New York
people of the borough of Braddock voted against the preposi­
i hat the *u 3 -oo°
bonds of the
P P°
I®*®. .
rverneffiy-tbe-Sea, which were advertised for re-sale tion to issue $75,000 of school-house bonds.
Brerard County, F la .-B o h d N ew s. — A report has been
t k i ' n 'refused approval by Hoadley, Lauterbach &
Johnson on the ground of illegality. The securities were published to the effect that Brevard County would issue bonds
awarded on June 12 , 1897, to W . E. R. Smith, of New York for road purposes. The County Treasurer reports to us that
the securities will not be nsusd for some time as vet.
w lw iTlegallTSued 0 ^ ^ 6 tbem’ claiminS
the bonds
Brooklyn, N. Y .— B o n d O fferii %&— Proposals will be reS Hhbnrnbhiii Mass.— B o n d O ffering,— Proposals will be re- p A m l UA ; (1 A 3 ° ? l0?,k n?on Ju l^ 7> 1807> by George W .
v - . y tu n t.U dy 3 1897, by George F. Corey, Town Treasure? 1 aimer, City Comptroller, for the purchase of $3,000,000 of
. 1 ,' ‘o T"1Hjba(wof $13,(j(,K) of water-works notes, the bidder to 4 per cent tax certificates of the denomination of $1,000 each
-,at"
r,lU’ " t interest at which the loan will be taken The maturing ln eignt months from date of issue. The securities
will be payable, both principal and interest, in gold, and may
be either registered or made payable to bearer.
'
B o n d s P ro p o se d .— A proposition to issue $100,000 of reser<f T t n S ^ t i l S S g i s A .
*> *h« » p * i«
B ro o M n haa b6en presented t 0 the Common Council of
A ‘ hla ml County W is,~ H o itr o a d A id B o n d s to be D eclared
„
\ ~ B o n d O ffe rin g .-Proposals w ill bo received
A
,fVr I ,i:°r **-"tBt#,that 0,i June 10- *397, the Ashland until i 2 o clock noon June 28, 1897, by Erastus 0. Knight,
•s
unaaimoualy passed a resolution instructing
the Dur°base of the following bonds :
V t'Z
J Attorney to commence immediate action tow*
s " i l l 0 1 8¥ P“ cent regiatered grade-crossing loan
'V „ T c , t : in,’ .r' ul! «n<3 void $160,000 of bonds issued to aid
bonds, dated June 1,1897; interest to be payable semi-ananually on tbe first days of June and December and the prin­
a
cipal to mature June 1 , 1917.
p
i 8 3 0 -?03 of
Per cent registered park bonds, dated April 1,
18,17, interest to be payable semi-annually on the first days of
cuUam T ‘ i’T ? a,ld tbe principal to mature April 1 1917.
1 ifl’cv - . 0f 3¥ per cent, registered park bonds, dated June
h r 7 ’ ’merest to be payable seim-annually on the first days
0 ®J,
ar,ld ,T lP ' and the principal to mature June l , 1917.
$188,000 of 3 ^ per cent registered reimbursing bonds
A l ' ¥ 9 r ; :ntere8fc
be payable semi-annually on
rfl.
Jiffy l 8 19168 °f Janu:iry and JuIy and tbe principal to mature
lie feuowi,
f u . l3w; - pung fox the purpose' o f K gT PW
f S
F iDCiPa[ and interest on the above loans are payable
L ’r- °n (r ° ¥ lh? Comptroller of the city of Buffalo, or at
.* amount u ’ v t ' t>W ° b f * d.uihorizeAL - \ School bonds to n
the Gallatin National Bank of New York City, as the pur­
w ***•'*') have been authorized,
chaser may desire.
F

r ^ . » I W

!;V

jf

« S . T

i » S S

^ Ja s s e x s jfs ^ ite a

THE

J une 26, 1897,j

The bonded debt of the city of Buffalo on June 1, 1897, in­
cluding amounts sold but not delivered, and less amounts held
in the sinking funds, was $13,110,599 59. The assessed valua­
tion for 1897 is $230,698 810.
B o n d s A u th o r iz e d .— Mayor Jewitt has signed a resolution
authorizing the issuance of $400,000 of water-works bonds.
Cambridge, Ohio .— B o n d s D e fe a te d .— The citizens of Cam­
bridge have voted against a proposition to issue $6,600 of
water bonds.
Tameron, W .Y a .— B o n d S a te .— On June 21,1897, the $8,000
of 6 per cent village improvement bonds of Cameron were
awarded to the First National Bank of Columbus, Ohio, for
$8,345. W . J . Hayes & Sons of Cleveland bid $3,334. The
interest on the securities is payable annually, and the prin­
cipal will mature in from one to twenty-one years from date
of issue.
Carrington (N . D .) School D istrict .— B o n d S a le .— In
May, 1897, this district sold $8,000 of 7 per cent 10-vear bonds
to F. R. Fulton & Co. of Grand Forks, N. D , for $8,300.
Both principal and interest are payable at the Chase National
Bank of New York City.
Chicago, 111.— W a r r a n t C a ll .— Notice has been given that
the time warrants issued by the city of Chicago in anticipa­
tion of the collection of taxes for 1896 have been called for
payment on June 29, 1897, after which date they will cease
to bear interest.
Columbus, Ohio .— B o n d s A u th o r iz e d . — Street-improvement
bonds to the amount of $4,000 will be issued soon. The secu­
rities will be of the denomination of $500 each, dated March
1, 1897; interest at a rate not exceeding 6 per cent will be
payable semi-annually on the first days of March and Sep­
tember, and the principal will mature in ten years from date
of issue, but redeemable after one year. Both principal and
interest will be payable at the office of the City Treasurer of
Columbus.
Crafton, Pa.— B o n d S a le .— Bonds of the borough of Crafton bearing 4% per cent interest were awarded to Edw. C .
Jones Co. of New York at 104.
Cranford TowDShip, N. J .—B o n d S a le .— On June 24, 1897,
Cranford Township awarded $25,000 of the $50,000 of 30-year
sewer bonds to the Union County Savings Bank of Elizabeth,
N. J., at their bid of 102 for the bonds bearing 4 per cent in­
terest; the remaining $25,000 were awarded to B in well &
Everitt, of New York City, at their bid of 103'779 for the
bonds bearing
per cent interest. The $50,000 of i-% per
cent 1 10 vear sewer bonds were awarded to Benwell & Bveritt at 101'275.
Danvers, Mass.— B o n d S a le .— The following bids were re­
ceived for the $14,000 of Danvers bonds.
G e o . A . F e r n a l d & C o ., B o s t o n . . . 106*370 I B lo d g e t, M e r r i t t & Co., B o s t o n . . 105*920
E s t& b ro o k A C o.. B o s t o n ................106*31'» j E . C. S ta n w o o d & C o ., B o s t o n . . .105*770
B . L . D a y & C o., B o s t o n ..................100 069 |

The bonds were awarded to Geo. A. Fernald & Co. The
securities bear 4 per cent interest and will mature in twenty
years from date of issue. Of the total amount issued $10,000
are school bonds and the remainder electric-light bonds.
Dayton (Ohio) School District.— B o n d S a le . — The follow­
ing bids were received on June 15, 1897, by this district for
the purchase of $20,000 of 4 per cent school bonds:
R u d o l p h K l e y b o lt e & C o., C in.$ 2 0 ,5 5 0
F a r s o n . L e a c h & C o.. C h ic a g o . 20,612
D ie tz , D e n is o n & P r io r , C le v .. 20,476
A t l a s N a t. B a n k . C i n c i n n a t i . . 20,428
T h e L a m p r e c h tB r o s .C o .,C le v . 20,227

00
00
*5
00
00

1239

C H R O N IC L E ,

I F o u r t h N a t. B k ., C o lu m b u s .$20,205
| W e s t e r n G e r m a n B k ., C i n . . . . 20,200
I S e a s o n g o o d & M a y e r, C in ........ 20,103
W . J . H a y e s * S o n s , C l e v ........ 20,087
|

00
00
55
00

The securities were awarded to Rudolph Kleybolte & Co.
The bonds are of the denomination o' $1,000 each, dated Ju ly
1,1897; interest is payable semi-annually and the priccipal
will mature July 1, 1917, both principal and interest being
payable in New York City.
Delta, Col.— B o n d O fferin g . — Proposals will be received
until July 1, 1897, by the Board of Trustees of the town of
Della for the purchase of $10,000 of water-works bonds, the
bidders to state the rate of interest at which the loan will be
taken. The securities will be of the denomination of $100 or
a multiple thereof, not exceeding $500 ; interest will be pay­
able semi-annually and the principal will mature in fifteen
years from date of issue, subject to call after five years. The
bonded debt of the town of Delta at the present time is
$12,000. The assessed valuation for 1896 is $209,003 ; the
actual valuation is estimated at about $700,000. The popula­
tion is about 1,500.
Eastcliester, N. Y .— B o n d S a le . — On June 21, 1897, the
$34,800 of 4 per cant 16)^ year (average) bonds of Eastchester
were awarded to Benwell & Everitt at a premium of $1,844.
Em ery County, Utah.— B o n d S a le . — Funding bonds to the
amount of $8,500 have been sold by Emery County.
Eutaw, Ala.— B o n d O ffe rin g . — Proposals will be received
until Ju ly 12, 1897, by the town of Eutaw to r th e purchase of
$2,100 of 6 per cent refunding bonds. The securities will be
of the denomination of $ 1 0 0 each ; interest will be payable
annually, and the principal will mature in thirty years from
date ot i-su“, subject to call after five years.
Farley, la .— B o n d S a le . — On June 1, 1897, the town of
Farley sold $3,000 of 6 per cent water-works bonds to the State
Bank of Dyereville at par. The securities are of the denomi­
nation of $200 each ; interest is payable annually at Farley
and the principal will mature at the rate of $ 2 0 0 each year.
F a r Rockaway, N. Y.— B ond O fferin g . — The Trustees of
the village of Far Rockaway will sell at public auction on
June 29, 1897, at 2:30 P. M $14,000 of 5 per street-improve­
ment bondt. The securities will be of the denomination of
i i ,000 each, dated June 30, 1897; interest will be payable semi­

annually on the 30th days of June and December at theNational Shoe & Leather Bank of New York City, and the
principal will mature at the rate of $1 ,0 0 0 per annum from
June 30, 1898 to 1911, inclusive.
The bonded debt of the village of Far Rockaway, including
this issue, is $257,000 ; floating indebtedness, between $3,000and $3,500. The assessed valuation of real property in 1897 is
$3,907,857; the real valuation of real property is estimated at
about $5,000,900. The population is about 3,200.
T he official n o tic e o f th is b o n d o ffe rin g w ill be f o u n d am ongth e a d v e rtise m e n ts elsewhere i n th is D e p a r tm e n t.
Flashing, N. Y .—B o n d S a le . — On June 22,1897, the $35,000

of 4 per cent 1 to 85-year bonds of Flushing were awarded to
E. D. Shepard & Co. of New York City at 106 20. The bids
received were:
E . D . S h e p a r d & C o., N e w Y o r k . .106*200
N . W . H a r r i s & Co.. N e w Y o r k . . .105*810
L e l a n d . T o w le & C o., B o s t o n . . . .105*700
W . J . H a y e s & Sons, B o s to n .
105*'-00
R u d o lp h K le y b o lt e & C o., N . Y . . 105*410
E d w . C. J o n e s Co., N e w Y o r k ........105*071
S e y m o u r B ro s . & C o., N . Y ............105*000
T h e L a m p r e c h t B r o s . C o .,C le v ..105*015
B e r t r o n * S to r r s , N e w Y o r k ........104*680

B e n w e ll & E v e r i t t , N e w Y o r k . .. 104*040
F a r s o n , L e a c h & C o., N e w Y o r k . 104*379
G e o . M. H a h n , N e w Y o r k .............. 104*290
I s a a c W . S h e r rill, P o ’k e e p s i e ___ 104*270
W h a n n & S c h le s in g e r, N . Y .........103*970
R o b e r ts & C o ........................................ 103*600
W a l t e r S t a n t o n & C o ., N . Y ........103*600
R . L . D a y & C o., B o s t o n ............... 102*090
D a n ’l A . M o r a n & C o., N e w Y o r k .102*080

Flushing (N. Y .) School D istrict N o. 3 .— B o n d S a le .—
The $26,000 of 5 per cent school bonds offered by this district
on June 24, 1897, have been awarded to Bertron & Storrs at
105. The securities are of the denomination of $1,000 each,
dated July 1, 1897; interest is payable semi-annually on the
first days of January and July, and the principal will mature
July 1, 1904, both principal and interest being payable at the
Queens County Bank of Long Island City.
F ra n k lin County, Ohio.— Rond S a le .— Franklin County haa
sold $50,000 of 6 per cent bonds to the Market Exchange Bank
of Columbus at 101-50. The interest on the securities is pay­
able on the first days of June and December at the office of
the Treasurer of Franklin County and the principal will
mature in from one to ten years from date of issue.
Galveston, Te x .— B o n d s A u th o r iz e d .— It is reported that
the City Council has passed an ordinance providing for the
issuance of $50,000 of school-improvement bonds.
Glen Ridge, N. J .— B o n d N ew s .— We noted in the C h r o n ­
ic l e of May 29, 1897, page 1056, that the citizens of the
borough of Glen Ridge would vote on June 25, 1897, on a
proposition to issue $60,000 of road improvement bonds. We
are now able to state that the securities will bear 4 per cent
interest payable in gold, or 4J£ per cent payable in ourrency,
according to the bids received, and are to mature at the rate
of $2,000 or $3,000 per annum, beginning Ju ly 1, 1903, the en­
tire issue to be paid within thirty years.
Gloucester. Mass.— B o n d O fferin g .— Proposals will be re­
ceived until 4:30 P. h ., June 29, 1897, by Edward Dolliver,
City Treasurer, for the purchase of $24,040 of 4 per cent im ­
provement notes. The securities will be of the denomination
of $2,404 each, dated July 1, 1897; interest will be payable
semi annually by check from the office of the City Treasurer,
and the principal will mature at the rate of $2,404 per
annum from Ju ly 1, 1898 to 1907, inclusive.
Grand Rapids, M ich .— B o n d S a le .— The $200,000 of 5 per
cent street-improvement bonds of the city of Grand Rapids
were awarded to C. H . White & Co. of New York City at a
premium of $5,075. The following bids were received :
Prem ium .

P rem ium *

C H . W h i t e & C o ., N . Y ...................$5,076 S e y m o u r B ro s. & Co., N . Y .............$4,100
G r a n d R a p id s S a v . B k .,G . R a p ’s. 5.000 R u d o lp h K le y b o lt e & C o., C m n .. 3.740
K e n t S a v . B k ., G r a n d R a p i d s ........ 6,000 P e o p l e ’s S a v . B k ., G r a n d R a p id s . 3,520
O ld N a t. B a n k , G r a n d R a p i d s — 4,985 F o u r t h N a t. B k ., G r a n d R a p id s .. 3,357
E . D . S h e p a r d & C o., N . Y ............... 4.540 N . Y . S e c u r i t y & T r u s t C o., N . Y . 3,060
R . L . D a y & Co., B o s t o n ................ 4,538 A . O. C ro z ie r, G r a n d R a p i d s ......... 2,800
M ic h ig a n T r u s t C o., G ’d R a p id s .. 4,216 F a r s o n , L e a c h & C o., C h i c a g o .. .. 2,100
M o r r is C a s s a rd , C h ic a g o ................ 4,164 D ie tz , D e n is o n & P r i o r .................. 1,027
♦ H a t. C ity B k ., G r a n d R a p i d s . . . . 1,062
* F o r $50,000.

The securities are of the denomination of $1,000 each, dated
May 1, 1897; interest is payable semi-annuilly on the first
days of May and November, in the city of Grand Rapids, and
the principal will mature at the rate of $50,000 per annum
from May 1, 1898 to 1901, inclusive.
Grant City, Mo .— B o n d S a le .— This city has sold $5,000 of 5per cent 10-20 year water-works bonds at par. The securities
are dated April 1, 1896, and the interest is payable semi­
annually on the first days of April and October at the Hide &
Leather National Bank of Chicago, 111.
Hillsboro, Te x .— B o n d S a le .— The $15,COO of water-works
and sewer bonds of Hillsboro were sold to the Noel-Young
Bond & Stock Company of St. Louis, Mo. The securities bear
5 per cent interest and will mature January 1, 1937, both
principal and interest being payable in gold. The total debt
of the city of Hillsboro is $52,500. The assessed valuation is
$2,220,910; the real valuation is estimated at about $4,000,000.
The population is about 7,056.
Holyoke, Mass.— B o n d O fferin g .— Proposals will be rec ( -ad until 11 o’clock A. M., June 29, 1897, by Pierre Bonvouloir, City Treasurer, for the purchase of $125,000 of 4 per
cent sinking fund bonds. The securities will be of the de­
nomination of $1,000 each, dated June 1, 1897; interest will
be payable semi-annually on the first days of June and De­
cember, and the principal will mature June 1,1907, both prin­
cipal and interest being payable in gold at the National Hide
6 Leather Bank of Boston. Each proposal must be accom­
panied by a certified check for $2 ,0 0 0 .
Houghton, Mich .— B o n d Safe.— Refunding bonds to the
amount of $15,000 have been sold by the village of Houghton.
The securities bear 4 per cent interest, payable semi-annually,
and will mature in twenty years from date of issue.

1240
too U :

THE CHRON1CLF.

[V ol LX1V.

It.—Vc ice has been given by the village of Hough* received fo r th e bondB based on th e ir being p ayable e ith e r
,<• w a M honda issued in 1884. payable in tw e n ty in gold o r in law fu l m oney.

,! i- an y tim e a fte r ten years, have been
i-siirti for paym
m y Ui ent »t the N ational Batik of H o u ghton on
ift r w l >eh <1it<* they will cease to l ear in te re st,
7, ’»fli
H udson. #«.**• - B o w ls A u th o rize d .—W ater-w orks bonds to
the lUKiltat of viO.tXKl have been UUvhoriZeli.
I iitliiui j . tkni',1 Bed. n.pthm . —i t is reported th a t th e S tate
| V , i - ( Finance has dotwrnitned to redeem $200,000 of 3 per
cent lo ta sot) duly 1, 1S07, a n d is n o w n eg o tiatin g w ith th a t
end in \ lew w ith a New York bank, w h ic h holds th e securities.
Ir> insrion IuB .—BondO j}erit)g —Proposals will be received
until dsn . • 0, lt-97, by the Town B o aid of liv in g to n fo r th e
purchase of H / 00 of 6 per c e n t bonds, to be ifsut t! to pay th e
c u t ,){ sn addiilOD to the public retinol building. T he denom tr.aticn ot the securities w ill be §500,
Ja m a ic a , ,v \ . --- Eh cl ion P ostponed.—The V illage T rustees
Of ,Jam aica at a special m eeting held on Ju n e 19,1897, decided
to pest pone th e election reg ard in g th e issue of §300,000 of
s ; . <i improvem* tit bonds from Ju n e 29, 1897, to J u ly 13,1897.
A« . lection will be held on Ju n e 29, 1897, to decide as to th e
w ilin g of §50,000 park bonds.
B ond So/. .- Tl e §100,000 of 4 p er c e n t gold sew er bonds
of she village of Ja m a ic a have been r>-aw arded to th e H a m il­
ton T rust C om pany o t Brooklyn i t 104’835.
jt-n v rsiiiiT ilie. in ti.—B o n d News. —A press d isp atch to th e
'* N't « York T iroes" from Jeffersonville, Ind.,U D der d a te of
Ju n e 24, 1897, s a y s : “ C ircu it Ju d g e Gibson to-day su stain ed
a , tauri t So the case of Louis S ch m ich t a g a in st th e city
of J» d iTeonv isle. The effect is to p re v e n t th e re fu n d in g of
§87,1X0 w orth of city bonds.
•• About tw enty years ago the city iisu e d bonds. T hey are
now due. In order to prevent p ay m e n t th e c o n stitu tio n ality
of the bonds w as an ack e d . The Suprem e C ourt held th em
invalid. The better class of th e tax p ay e rs opposed re p u d ia ­
tion of tin* debt, aDd the L egislature passed an en ab lin g a ct,
by which the city could refu n d its indebtedness. S ch m ich t
sought to er join this a c tio n /’
Kentnct. y.—B onds D ie la n d Legal by the Court o f A ppeals.
—On Ju n e i9, 1897, Ju d g e C antriil of the C ircu it C o u rt deri.b 4 th a t the piropos d issue of §300,000 of bonds of th e S ta te
of K entucky was uricousti’utional. The C onstitution proyiilrs that ttie State shall n o t issue in excess of 8300,000 of
bonds, and it w as declared th a t as th e in te re st w a rra n ts now
outstanding, which are no-bing m ore th a n bonds, am o u n t to
men than §-><10.909, th e issuance of th e bonds now u n d e r con­
sideration w ould be ill- gal.
The case was im m ediately appealed to th e C ourt o f A ppeals,
w here on Ju n e 23, 1897, th e d-cision of the low er c o u rt w as
tfverst d and the bonds declared legal. The C ourt o f A ppeals’
d*ciMtro in Minstanee was th a t th e lim itatio n as defined in th e
ConHmiUoji was intended to be a check upon th e p o w er of
the St-at.* Legislature to provide f >r an y casual d eficit or fail­
ure of r> venue, arid did n o t refer to th e debts heretofore
cw a t-T for th a t or o th ir purposes.
K ‘ti n mi i ir, l a ,—B ond S ale.—Sew er and street-im provetm nt I or it- to th e am o u n t of §21.000 have been sold by th e
l orough of K itiunii g. The si cu t ities bear 4 per cen t interest,
putable at the Karmen.’ National B ank of K itta n in g ,
l,nke C ity, P is .—B ond E lection.—A proposition to issue
810/ 00 of school bonus will soon be su b m itted to a vote of th e
people of the tow n of L ik e City.
L an ca ster C ounty ( 'e h .) S chool D is tr ic t No. 137.— B o n d
Sale.—Tins d istrict tuts sold §5 000 of 6 per cent 15-year school
bonds to C. H, Im hoff of Lincoln, N eb,, a t par. The in terest
on the securities i* payable a t th e fiscal agency of th e S tate of
N ebraska in New Y ork City,
l.eco h b u rr, l’a .—B onds A u th o rize d .—The citizens of the
borough of L -ecbburg have voted ip favor of issu in g §21,700
of bonds. The s .curities w ill bear 5 p e r c e n t in terest, payable - m i annually a t th e Leechburg B ank, a n d w ill m a tu re
m from five to tw enty years from d ate of issue.
I/d iig Jito n , P i. T em p o ra ry L o a n . —The C ity T reasu rer of
I.' liighton has negotiated a tem p o rary loan to th e am o u n t of
§ 2, 000,
L ittle to n . Mas*. - Tem porary L o a n .—A six m o n th s loan of
*2 ,11) o lun-i W n placed byr L ittleton th ro u g h Bond & G oodwin
of Boston a t 8T26 per cen t interest.
l.H tlfU to n u . P a .—B ond O ffering.—Proposals w ill be rec 'i v f <1 u n til 1 o’clock p. m., Ju ly 10, 1897, by th e towD of
t itth sto w n for (be purchase of $15,000 of 4 per c e n t w ater
bonds.
securities w ill be dated J u ly 14, 1897; in terest
will I payable «*m i-annually in Ja n u a ry and Ju ly , an d th e
principal will m ature Ju ly 1, 1917. su b je c t to call a fte r 1904.
The bond*, will be exem pt from tax atio n .
L ottixrllle. K j.— B ond News. —The .Sinking F u n d Comtni-K ner» of Louisville have been authorized to cancel th e
§588,000 of refunding born!- recently issued and declared
ille g a l hy the C ourt of ADpenie, The City Council has auniotir.Ml the rale of sufficient bonds to n e t §499,009, th e
am o u n t w hich was to be refu n d ed .
I ni elan d , f ok B ond O ffe r in g . — Proposals will be received
ni.td 2 o'clock p. m. A ugust 21, 1897, by J a y P . H a rte r, Town
Cl. rk, f i r the purchase of § 4 ',COO of 5 per c e n t re fu n d in g
wnt. r t
The tt-rurilles w ill be of th e d en om ination of
-.l/ 'xi each. ilnt»<l Sepitinlier 1, 1*81*7: in terest will be payable
BCinualiv <»n the first days of March and S eptem ber, and
{ ]" TT” ’r ;i>a! w '11 m ature Septem ber 1, 1917, su b ject to call
attr r ... pu-iiib.-c 1, 1y08, both principal and in te re st being
pa*
at ther-fficc of th e Town T reasu rer of L oveland o r a t
h -m i'a l National B ank of New Y ork C ity. B ids w ill be

The total d e b t of L /v e la n d is §45,000, The assessed v alu a­
tion for 1896 ia §205,024; th e real valuation is estim ated a t
about §625,000. The a n n u il rev en u e Iro m th e w ater-w o rk s is
a b o u t §3,500, The population of L oveland in 1890 w as 1.100,
and a t th e p resen t tim e is estim ated a t ab o u t 1,500.
.M arlb o ro u g h , M ass.— Note Sale.—The follow ing is a com ­
plete list of th e bids received on Ju ly 18, 1897, for th e §65,000
of 4 per cent 1-15-year sch o rl notes of th e city of M arlborough:
Esbibrook & Co., Boston..........W 1M I .las. W, Bcmiistrooi &Co., Bos.. .J03 070
S;
*-• IIftT
p"-.
M-A79 Purkmson * Burr. Boston.........10S-B77
Blnke
Bros.* &
Co.,Boston..........U
Boston
Adams ,VCo.,, Bosd o n .......

r„,lodge
M e r r itt i& 0 0 .. Bo.ii.vu„Mt<i t»u i view. A - x e r jia iu <x c o .. o o s i
I a tio n a l B a n k , B o s to n ... 103*777 j F u rso n , L e a c h & Go., N ew Y o rk . 103*408
T Bird
h ir d N

The eecurities w ere aw ard ed to E stah ro o k & Co.
M eigs C o u n ty , O hio.—B o n d Sale-—T he follow ing bids w ere
received on Ju n e 4, 1897, fo r th e $85,000 of 4J£ p er c e n t
deficiency bonds of M eigs C ounty, th e bidder to fu rn ish th e
b lan k bonds *

D, H.Moore. Athena. O .......$36,150 00I| W..T.Hayes & 8oiis,0!ovea la n d .$35,100 25
Seasongood &Mayer, Cin...... 85,135 00 Rudolph
„......„
.........x _
w____
Kleybolte
&_Co.
C in.*35,09? .50
—
4
_
,
I The Lampreeht Bros. Co., Cle.
C le . 35 001
00150
*The county to allow $12o for printing the bonds.

The bonds w ere a w ard ed to D. H . Moore. The in te re st on
th e securities is p ayable sem i an n u a lly on th e fo u rth day s of
J u n e an d D ecem ber a t th e office o f th e T reasu rer of M eigs
C ounty an d th e p rin cip al w ill m a tu re in tw e n tv y ears fro m
date of issue.
S lerriinaeR C o n n ty , N. H .—B o n d Sale.— The ‘‘Boston N ews
B u reau ” rep o rts th a t th e §85,000 of 4 p er c e n t fu n d in g bonds
of M errim ack C ounty, bids for w hieb w ere received u n til
J u n e 25, 1897, w ere aw ard ed to S w an & B ir r e tt of P o rtla n d ,
Me., a t 105 60. The securities are of th e d en om ination o f
§1,000 each, d a te d Ju n e 1, 1897; in te re st is payable s e m i­
an n u ally on th e first Cays of A pril an d O ctober an d th e p r in ­
cipal w ill m a tu re as follow s; $25,000 a t th e ra te of §5,000 per
an n u m from O ctober 1,1902 to 1906, inclusive. andS6-i,000 a t
th e ra te of §6,000 p er an n u m from O ctober 1, 1907 to 1916,
inclusive.
M id d le to w n , N, Y.— B o n d s Proposed,—R oad -im p ro v em en t
bonds to th e am o u n t of §135,00/ a re u n d e r co nsideration.
M id la n d P a r k , N. J . —B o n d ■'•’ale.— "be §1*1,000 of 5 per
c e n t im p ro v em en t bonds of M idland P a rk w ere a-va id e d to
C. Z abriskie of Jersey City a t 104-.39 The bonds a re of th e
denom ination of §500 each, dated J u ly 1, 1897; in terest is
payable se m i-a n c u tlly a n d th e principal w ill m a tu re a t th e
ra te of §1,000 p er a n n u a l from 1901 to 19L0, inclusive, both
p rincipal and in ie re st being payable a t th e F irst NationaL
B an k of P aierso n . N. J .
M ilw a u k e e , W is.—B o n d s Proposed.—E lectric-lig h t bonds
to th e a m o u n t of §50,000 are u n d e r consideration.
M o n ro e v ille , O hio.—B onds P roposed.— Bonds fo r a n elec­
tric-lig h t p la n t and w a te r w orks have been proposed by th is
tow n an d an election w ill p robably be h eld soon to decide th e
question of issuing th e sam e.
M o n tp e lie r, V t.—B o n d s A u th o rized .—On J u n e 14. 1897
th e citizens of M ontpelier voted in fa v o r of a proposition to
issue $17,000 of bridge bonds a n d $15/100 of stre e t im p ro v e­
m e n t bonds.
N a rb e rth , P a .—B o n d s D efeated.—On J u n e 15, 1897, th e
citizens of N a rb e rth voted a g a in st th e proposition to bond th e
city fo r im provem ents,
N avajo C ounty, A. T , - Sale. P ostponed.—The sale of th e
812,000 to $15,000 o f-C ourt-H ouse and Ja il bonds of N av ajo
C ounty w hich was to have ta k e n place on Ju n e 14, 1897, has
been postponed u n til J u ly 5, 1897. The securities are-to bear
in te re st a t a ra te n o t exceeding 6 p e r cent, pay ab le sem i­
an n u ally .
N e p tu n e T o w n sh ip , N. J .— B o n d O ffering.— Proposals w ill
be received u n til 11 o’clock a , m ,, Ju ly 10, 1897, by th e B oard
of E d u c a tio n fo r th e pu rch ase of §56,800 of 5 p e r c e n t school
bonds. The securities will be of th e denom in atio n o f §500
each , ex cep t one bond for $300; th ey w ill be d ated A u g u st 1,
1897; in te re st w ill be p ayable sem i-an n u a lly on th e first d ay s
of F e b ru a ry a n d A u g u st an d th e p rincipal w ill m a tu re as
follow s: §25,000 a t th e ra te of $2,500 p er a n n u m from A u g u st
1, 1907 to 1916, inclusive; $24,000 a t th e ra te §8,000 p er a n n u m
from A u g u st 1, 1917 to 1924, inclusive ; §3,800 A ug u st 1, 1925,
a n d §4,000 A ug u st 1, 1926. The bonds w ill be p ayable a t the
A sb u ry P a rk a n d O cean G rove B a n k o f A sbury P a rk , N. J .,
or in N ew Y o rk C ity.
The official notice o f th is bond offering w ill be fo u n d am ong
the a d vertisem ents elsewhere in th is D e p a rtm e n t,
N ew b u rg , N, Y.—Bond. Sale,—On J u n e 21, 1897, th e §65,000
of %% p e r c e n t re fu n d in g w ater bonds of th e city of N e w b u rg "were aw ard ed to N. W, H a rris & Co, of N ew Y ork C ity
a t a p rem ium o f $540, T h e follow ing bids w ere received :
herrilJ. Po’koepsie.. 100*410
Blodiret, Merritt&Co„ Boston.*I01'070 Isaac W. She
., Boston.......... ,100-150
Riodijct, Merritt &Co., Boston.■H00-«H50 IL L , Day &b Ct o______i_,........
Henwell & Kveritt. New York.. 100*030 National Bank, Newburg,......1100*000
Prem ium ,
Fatson, Leach &Co., N. YT— .. 100*555
12.11. Kollin* &Sons, Boston... 100*520 X. W . H a r r i s & C o ., N e w Y o r k ........$5iQ
Kdw. C. Jones Go- Now York.. 100*510 Newburg Savings Bank.................. 500
17
Jos. R. Gavin, Buffalo......... . . IOQ‘497 W. J. Hayes & Sons....... ....... .
* For $35,000 20-year bonds, f For $30,000 serial bonds,

t

For $2,000.

The securities are d ate d J u ly 1, 1897, and w ill m a tu re as
follows: $30,000 a t the ra te of §1,500 p er a n n u m fro m Ju ly 1,
1898 to 1917, inclusive, a n d §35,000 J u ly 1, 1917. }=

THE ( HK0N10LE

J une 26. 1897. j

1241

Portland, Me.— B o n d S a le . — The following is a complete
New Castle. Pa.— B o n d S a le . — The following bids were re­
ceived on June 21, 1897, for the $25,000 of 4 per cent coupon list of the bids received on June 18, 1897, for the $450,000 of 4
per
ceot 15-year gold refunding bonds of the city of Portland:
bonds of the city of New Castle:
Prem ium . I
D ic k B r o s . & C o.. P h i l a d e l p h i a . .
P . F . K e lle y . P h i l a d e l p h i a ............
E d w . C. J o c ie s C o., N e w Y o r k —
N . W . H a r r i s & C o., N e w Y o r k . .

637-50
568*70
322‘50
290*00

Prem ium .

I S o e e r & M o o re , P i tt s b u r g : ............ 250*00
I W . J . H a y e s & S o n s . C le v e la n d . 169*00
J . T . P h i l l i p s & S o n , N e w c a s t l e . 61*50
1

The bonds were awarded to Dick Bros. & Co.
New Kensington, Pa.— B o r.d E le c tio n . — A special election
will be held in New Kensington August 24, 1897, to vote on a
proposition to issue $30,000 of sewerage and paving bonds.
New London County, Conn.— N o te S a le .— New London
County has sold $55.0C00 of 4 per cent notes, averaging about
2% years, to E H . Rollins & Sons of Boston at 100-99.
Newport, M e — B o n d s P ro p o se d . — The town of Newport
proposes to issue bonds to cover the cost of constructing
sewers.
New Eoclielle. N. T . — B o n d E le c tio n .- On July 7, 1897, the
citizens of New Rochelle will vote on a proposition to issue
$65,000 of sewer bonds.
North Hempstead, N. T .— B o n d S a le . — The following bids
were received on June 21. 1897, by the town of North Hemp­
stead for the $45 000 of 1 to 30-year gold macadam-road bonds:
W . J . H a y e s & S o n s , C l e v e l a n d . . 106-81 I s a a c W . S h e r r i ll , P o ’k e e p s i e . . . . 104*56
R u d o l p h K l e y b o lt e & C o.. N. Y . . 106*66 G e o . M . H a h n , N e w Y o r k .............. 1 04T 7
e j m o u r B r o s . & C o., N . Y ............ 106*26 W a l t e r S ta n to n & C o., N . Y ..........1 0 4 T 2
T h e L a m p r e c h t B r o s . C o ..C le v .. 1 0 6 1 6 E d w . C. J o n e s C o., N e w Y o r k . .. 104*09
E. D S h e p a r d & C o., N e w Y o r k .. 105 51 C. H . W h it e & Co-, N e w Y o r k . . . . 103-70
N. W. H a r r i s & C o.. N e w Y o r k . . 105-41 B en w e ll & E v e r it t, N . Y ................ 103"55
B e r t r o n & S t o r r s . N e w Y o r k ------ 104*74 W h a n n & S c h le s in e re r, N . Y ........ 103*51
F a r s o n , L e a c h & C o., N . Y ............104*59
D a n ’i A M o r a n &, C o ., N . Y ..........108-30
R o s e ly n S a v in g s B a n k , R o s e l y n . *102*50
* F o r $ 10,000.

8

The securities were awarded to Rudolph Kleybolte & Co.,
but they were not accepted by them because the town refused to
allow the purchaser’s attorneys examine into the legality of
the issue.
Parkersbnrg, W Va — B o n d E le c tio n .— An election will
Boon be held in Parkersburg to determine the question of is
suing eewer extension bonds to the amount of $15,000.
Park Ridge, N. J .— B o n d S a le .— On June 21, 1897. the
$10,000 of 5 per cent s'reet improvement bonds of Park Ridge
were awarded to the Edw. C. Jones Co. of New York.
Parnassas, Pa — B o n d s P ro p o se d .— Street improvement
bonds to the amount of $10,000 are under consideration.
Patchogue, N. Y — B o n d Sale. The $20,000 of 4 per cent
coupon bonds of this municipality were sold at public auction
on June 22, 1897. to the Patchogue Bank of Patchogue at a
premium of $325. The securiiiis are of Ihe denomination of
$1,000 each, dated Ju ly 1, 1897; interest is payable annually
on the first day of January at the Patchogue Bank and the
principal will mature at the rate of $2,000 per annum from
Jan. 1, 1900 to 1909, inclusive.
Pawtucket, R I .— L o a n N o t A w a r d e d . — All bids received
for the $100,000 2 25 per cent Pawtucket loan to mature Oct­
ober 20, 1897, were rejected. It is reported that the City
Treasurer thinks he can negotiate the loan privately on a
more favorable basis than that offered by any bid which wa
received.
Philadelphia, Pa.— B o n d S a le . — The following bids were
received on June 24, 1897, for the $650,000 of %% per cent re­
funding bonds of the city of Philadelphia.
T o w n s e n d , W h e le n & Co. a n d

D ic k B r o s . & C o .—(C o n .)

Penn M
S e r ie s
S e r ie s
S e r ie s

F e a rc ® & C o.*—
S e r ie s K ..................................... . . . 101*470
S e r ie s L .....................................
S e r ie s M ....................................
. . . 101*610

u tu a l L i f e I n s . C o.C ....................................
F .....................................
H ...................................

........
S e r ie s P .................................... ........
S e r ie s S ......... ...........................
D ic k B ro s . & C o.—
S e r ie s A t o E ........................ ........
S e r ie s F to J ..........................
S e r ie s K t o O ......................... ........

103*860
104*320

S e r ie s P .....................................
S e r ie s Q ...................................
S e r ie s I t ....................................
102*030
S e r ie s S .....................................
S e r ie s T .....................................
103*150 M a rk e l L a n d e r S e r ie s T , $ 2 5 .............................
+ F o r $5,000. t $10,000 o f e a c h s e r ie s .

E . H. R o l li n s & S o n s , B o s t o n . . . . 109*079 I E . C. S ta n w o o d & C o., B o s t o n .. . 107*179
B l a k e B r o s . & C o ., B o s to n ............108*569 | B lo d g e t. M e r r i t t & C o ., B o s t o n . 107*079
W o o b u r y & M o u lto n . P o r t l a n d . . 108*550 I J . & W . S e lig m a n & Co., N. Y ___106*925
S w a n & B a r r e t t , P o r t l a n d ...........108*z95 S t r e e t . W y k e s & C o.. N . Y
...1 06*905
A d a m s & C o.. B o s t o n ...................... 108*067 I J o s e , P a r k e r & Co., B o s t o n ........... 106*509
F a r s o n . L e a c b ;& C o .. N e w Y o r k . 108*052 I M a in e S a v i n g s B a n k , P o r t l a n d .. 105*864
N . W . H a r r i s & C o., B o s t o n ......... 107*430 | J a s .W . L o n g s t r e e t& C o ., B o sto n .lo 5 * 6 7 5
G e o . A . F e m a l d & C o., B o s t o n . .107*373 I R u d o l p h K l e y b o lt e & C o ..N . Y . . 105*300
C u s h m a n , F i s h e r & P h e l p s , B o s . 107*333 S e y m o u r B r o s . & C o., N e w Y o r k . 103*900
P a r k i n s o n & B u r r , B o s t o n ............107*313 |

The securities were awarded to E . H . Rollins & Sons.
Port Leyden, N. Y .— B o n d s P ro p o se d .— The village of Port
Leyden has under consideration a proposition to issue water
bonds. M. W . Holt, Secretary of the Board of Water Com­
missioners, reports to the Chronicle that the securities when
issued will be sold to the State.
Portsmouth, Y a .— B o n d S a le .— I t is reported that the $25,000 of 5 per cent coupon ferry bonds offered by the city of
Pcrismcuth on June 16, 1897, have been awarded to the Mer­
chants’ & Farmers’ Bank of Norfolk at 105-13. The securi­
ties are of the denomination of $1(0 and $500, dated July 1,
1897: interest is payable semi annually on the first days of
January and July and the principal will become due in thirty
years from date of issue. The bonds are exempt from city
taxes.
Quincy, Mass.— B o n d S a le . — The$17,000of 4 per cent 6-year
(average) street-improvement bonds of the city of Quincy
were awarded to Rudolph Kleybolte & Co. of New Yo rk City
at 102 43. The following bids were received:
R u d o l p h K le y b o lte & C o.. N . Y . .. 103-130
G e o . A . F e r n a l d & C o.. B o s t o n .. 102*330
F’o o t e & F r e n c h . B o s t o n ................102*359
Jo se, P a rk er
C o., B o s t o n ......... 102*310
H o r a c e S. H o m e r & C o ., B o sto n .l0 2 * 2 3 6
B l o d g e tt , M e r r i t t & C o., B o s t o n . 102*170

R . L . D a y & C o., B o s t o n . . . ..........102*139
F a r s o n , L e a c h & C o., N . Y ............102*130
J a s . W . L o n g s t r e e t & C o., B o sto n l0 2 * 0 7 g
B la k e B r o s . & Co., B o s t o n ............102*075
A d a m s & C o ., B o s t o n ......................102*04 5
E s t a b r o o k & C o ., B o s to n . .. ___101*890

Heading, Mass.— B o n d S a le . — The following is a complete
list of the bids received for the $15,000 of Reading, Mass., 4
per cent coupon water bonds, due $10,000 in June, 1921, and
$5,000 in June, 1922:
G e o . A . F e r n a l d & C o.. B o s t o n . .107-317
E s t a b r o o k & C o., B o s t o n .............. 107*330
B la k e B r o s . & C o., B o s t o n ...........107*030 |
J a s . VV. L o n g s t r e e t & C o.. B o s t . 106*783
B lo d g e t. M e r r i t t & C o ., B o s t o n 106*770

I E . C. S ta n w o o d & Co-. B o s t o n . ..106-570
R . L . D a y & C o., B o s t o n ................106*569
A d a m s & C o ., B o s to n ........................ 106*344
I F r e d e r i c k B a n c r o f t ........................... 101*750
|

The bonds were awarded to Geo. A. Femald & Co.
Reesville(Ohio) Special School D istrict.— B o n d O ffe rin g .—
Prooosals will be received until 12 o’clock, noon, June 28,
1897, by the Board of Education for the purchase of $3,350 of
6 per cent school bonds. The securities will be dated July
1, 1897: interest w ill be payable semi annually on the first
days of March and September, and the principal w ill mature
as follows: $600 Sept. 1, 1898; $600 Sept. 1, 1899; $700 Sept. 1,
1900; $700 Sept. 1, 1901, and $750 Sept. 1, 1902.
Rensselaer County, N. Y — B o n d N ew s.— John Don, County
Treasurer, reports to the C h r o n ic l e that he has been em­
powered by the County Board of Supervisors to borrow
$21,000, but that in view of the proposed sale of $175,000 of
bonds on the 28th of this month, be does not think it w ill be
necessary to negotiate the loan.
Richmond County, N. Y.— B o n d S a le .— On June 22, 1897.
the $190,000 and the $12,000 of 4 per cent 25-year gold road
improvement bonds of Richmond County were awarded to
E. D. Shepard & Co. and Leland, Towle & Co. at tbeir joint
bid of 110-117 for both issues. The following bids were re­
ceived:
E . D . S h e p a r d & C o ., N . Y ., a n d
R u d o l p h K l e y b o lt e & C o., N . Y . . 108*790
L e l a u d , T o w le & C o., B o s t o n . .110*117 T h e L a m p r e c h t B r o s . C o., C le v . .108*740
N . W . H a r r i s & C o ., N e w Y o r k .. 109*579 B la k e B ro s . & C o., B o s t o n ............108*569
F a r s o n , L e a c h & C o.. N e w Y o rk . 109*385 B e n w e ll & E v e r i t t , N e w Y o r k . . .108*290
E d w . C. J o n e s C o ., N e w Y o r k — 109*210 C. H . W h i t e & Co., N e w Y o r k — 108*070
W a l t e r S t a n t o n & C o., N . Y ........109*000 P e o p l e ’s T r u s t C o m p a n y — — 104*870
B e r t r o n & S t o r r s . N e w Y o r k — 108*850 J a s . H . R a n d , N o . T o n a w a n d a ...l0 4 * 1 0 0

Richmond, Ya.— B o n d s P ro p o sed , — The city of Rich­
mond has under consideration a proposition to issue $25,000 of
4 per cent bonds for sewer purposes.
The bonds were awarded to Townsend, Whelen & Co. and
L o a n A u th o r iz e d . — The Finance Committee has been au­
Edw. C. Jones Co. at their bid of 103-706 for the entire issue. thorized to issue temporary loans to an amount not exceeding
The securities are issued in sums of $25 or in multiples $ 100, 000 .
thereof, and the interest will be payable semi annually on the
Sabina, Ohio— B o n d S a le .—The $30,000 of 4J^ per cent
first days of January and July. The loan is divided into bonds of the village of Sabina, bids for which were received
twenty series of $32,500 each, lettered from A to T inclusive, until June 21, 1897, were awarded to the Western German
and will mature at the rate of $32,500 per annum from Bank of Cincinnati. The securities are of the denomination
December 31, 1907 to 1926. inclusive.
of $750 each; interest is payable semi-annually, ard the prin­
Phoenix, A riz .— B o n d S a le . — It is reported that the city of cipal will mature in from ten to thirty years from date of
Phoenix has sold $45,000 of water bonds.
issue, both principal and interest being payable at the Sabina
Port Clinton, Ohio . — B o n d S a le . — The village of Port Bank of Sabina, Ohio.
Clinton has sold $2,400 of 5 per cent 4-year (average) street
Saginaw, M ich.— B o n d O ffering. — Proposals will be received
improvement bonds to the German-American Bank of Port until 3 o’clock P . m . July 6, 1897, by Arthur F. Lewis, City
Clinton at par and accrued interest. The interest on the se­ Comptroller, for the purchase of $21,000 of 4 per cent refunding
curities is payable semi-annually on the first days of April sewer bonds. The securities will be of the denomination of
and October at the office of the Village Treasurer of Port $1,000 each, dated Ju ly 15,1897; interest will be payable semi­
Clinton.
annually, and the principal will mature as follows : $15,000
Port Hibson, Miss.— B o n d S a le . — On June 14, 1897, the at the rate of $5,000 per annum from August 1, 1909 to 1911,
$23,000 of 6 per cent 20-year water-works and eleclric-light inclusive, and $6,000 August 1, 1912. Both principal and in­
bonds of Port Gibson were awarded to the Port Gibson Bank terest will be payable at the office of the Treasurer of the city
at 101-625. There were three other bids received.
of Saginaw, or at its current official bank in New York City.
Port Huron, M ich.— B o n d S a le . — The following bids were
Proposals will be received at the same time by the City
received on June 23, 1897, for the purchase of the $25,000 of 4 Comptroller of Saginaw for the purchase of $12,000 of 5 per
per cent refunding bonds offered by the city of Port Huron : cent street-improvement bonds. The securities will be of the
F a r s o n , L e a c h * C o.. C h loago.S 25 .8 1 8 7 5 1 R u d o l p h K l e y b o lt e & C o ., C ln.S 25.000 00
D ie tz . D e n is o n A P r io r . C le v . 25,156 25 C o m m e r c ia l B k ., P o r t H u r o n . 25,000 00 denomination of $400 and $1,000, dated July 15, 1897; interest
E . C. S ta n w o o d & C o., B o s to n . 25,117 50 |
will be payable semi-annually, and the principal will mature
The securities are of the denomination of §1,000 each, dated at the rate of $2,400 per annum from Ju ly 15,1898 to 1902, iD A
Ju ly 1,1897; interest is payable semi-annually at the Hanover elusive, both principal and interest being payable at th,
National Bank of New York City and the principal will Chemical National Bank of New York City.
The total bonded debt of the city of Saginaw on June 18,
mature July 1, 1922, with the privilege of redemption on the
1897, was $1,238,250, including water bonds to the amount of
part of the city on and after January 1, 1918.
* F o r a ll o r n o n e .

1H E

1242

CBK0N1CLE.

[VOL.

IiXI'V.

Totten fill©, N, Y.—Bond Election.—A proposition to issue1559,900 »ml $2TT,2S0 of special as.>Msment bonds; sinking
/nis.f fffi two; net debt, »l,19a,500. The assessed valuation $30,C00 of water bonds will be put to a vote of the citizens of
fcr!® 6 is: ftwd estate, $18,091,875; personal property, $2,- Tottenville on July 6,1897.
Tuscaloosa County, Ala.—Bond Offering.—Proposals wilt
, total, |lS,W ,0w . Toe population is estimated at
be received until 12 o’clock, noon, July 1, 1807, by the Com­
St. Francis U ree District, Ark.-Bonds Proposed.—The missioners of Tuscaloosa County for the purchase of $12,000
State
Mature of Arkansas has passed a bill authorizing to $15,000 of 6 per cent gold bonds. The securities will be of
Ike St. Francis Ia»v» ©District to issue bonds to an amount nos the denomination of $100 each; interest will be payable
, ii't.-diiuj $'.*,»)»<-<0 if tb<- proposition is voted favorably upon semi-annually on the first days of January and July, and the
1,
Duo owners of the district. The securities, if au- principal will mature at the rale of $1,000 per annum, begin­
tiotutd, will bear interest at a rate not exceeding 8 per cent ning with July 1, 1898.
and wlit mature in thirty years from date of issue, subject to
Washington.—Bond Call.—Notice has been given by State
Treasurer C. W, Young that general fund warrants Nos.
call after ten yean.
SandemTllie, ®*.—Bond Offering. - Proposals will be re- 15,031 to 15,240, inclusive, amounting to $20;726, have been
m J uoti! July 1, l'U7, by George C. Evans. Mayor of the called for payment.
city of Sandersviile, for the purchase of $13,000 of 0 per cent
Washington County, On.—Election Postponed.— T. H.
>rhcol bonds. The securities will be of the denomination of Sparks, Treasurer of Washington County, reports to the
f.tn.1racb ; inter, st will be payable annually at the office of Chr o n ic le that the elf ction to vote on the proposition of
tke City f res surer of Sandermlie, and the principal will issuing $18,000 of court-house bonds has been postponed, and
mature in thirty years from date of issue. Bach bid must be that there will be no issue of county bonds.
WateryiHe. Me.—Bond Sale.—The ‘ Boston NewsBurtau”
accoutpanUd by a certified check for $100.
Manta Monica, Cal,—Bond Issue.—Sewer bonds to the reports that Waterville has awarded $35,000 of 4 per cent
amount of I S' ,000 will soon be issued by the City Council of thirty-year gold refunding coupon bonds to Esatbrook Sc Co.,
Boston, at 1U8‘55.
Santa Monica.
Wauseon, Ohio.—Bond Offering.-Proposals will be re­
Seiialia, Mo.—Bend Sale.—Oa June 21, 1897, the $195,500
of 20-year bonds of the city of Sedalia ware sold to the W. G. ceived until 12 o’clock noon July 19. 1807, by W S. Brigham,
Eads Brokerage Company of Kansas City, Mo., at their bid of Village Clerk, for the purchase of $22,000 <.f 6 per cent water­
a premium of $586 50 for the securities bearing 4}£ per cent works bonds. The securities will b© of the denomination of
$1,000 each ; interest will be payable annually on the first
interest.
Month Carolina.—Bond Sews.—In reply to our inquiry re­ day of September, and the principal wilt mature at. the rate
garding the probability of the State of South Carolina ne­ of $1,000 per annum from September 1. 1903 to 1924, inclu­
gotiating a lean to meet current expenses, W. H. Timmer­ sive. Bach proposal must be accompanied by a certified check
man. Siate Treasurer, replies that it is not at all certain that for $500. This sale was to have taken place on July 12, 1897,
tb© State will be under the necessity of borrowing money. If but has been postponed to the above date.
Wayerly, la —Bonds Authorized.—It is reported that the
u has to borrow, the lean will not be made before August 1,
1H'?, to run for a period not longer than 100 days, and bearing people of this municipality have authorized the issuance of
mb rest at the rate of 4 per cent per annum, payable at New school bonds to the amount of $16,000,
York, Charleston or Columbia.
Westfield, N. 3.—Bond Offering.—Proposals will be re­
Sooth Dakota.—Bond Sews.—It is reported that the Treas­ ceived until 8 o’clock p. m. July 2, 1897, by CharleB G. Eadiurer of South Dakota will redeem over $100,000 of bonds on
cott, Chairman of the Township Committee, for the purchase
July 1,1897.
SouthlleUl, S'. Y,—Bonds Authorized.—The Town Board of of $30,000 of sewer bonds, to mature in thirty years from date
Southfield has decided to issue $140,000 of road-improvement of issue, subject to oall after twenty years, upon three months
bonds.
Spokane, Wash.—Warrant Sate.—The city of Spokane notice, and also $30,000 of sewer bonds, to mature at the rate
has sold $350,000 of 0 per cent work-works coupon warrants of $3,000 per annum from July 1,1898 to 190T, inclusive. Bidsto A. C, Frost & Co. of Chicago. We are informed by A. are to be made on a basis of the bonds bearing 4 per cent and
C. Frtst & Co. that the securities are in every essential bonds, Pyi per cent interest. Both loans will be issued in the form of
having definite dates for payment of interest and principal.
The warrant* sire of the denomination of $1,000 each, dated coupon or registered gold bonds of $1,000 each, dated July 1,
January 1, 1897; interest is payable semi-annually on the 1897; interest will be payable semi-annually on the first days
first days of January and July, and the principal will mature of January and July at the First National Bank of Westfield,
as follower
January 1,1808; $9,000 January 1,1899; $10,- N. J. Each proposal must be accompanied by a certified
000 January 1, 1900, and an increase of $1,000 each year in the check for 5 per cent of the amount bid.
amount due until January 1, 1917, when $27,000 will be pay­
Ih e official notice o f this bond offering, containing a state
able. Both principal and interest are payable in gold at tlie
fiscal agency of the State of Washington in New York City. ment of the town's financial condition at the present time, will
The bonded debt of Spokane is $1,320,000, including water be found among the advertisements in this Department.
bonds to the amount of $020,000. The assessed valuation for
Wheeling, W. Ya.—Bond Call.—Notice has been given
Dd*6 $15,202,274; the real valuation is estimatad at about that
bonds to the amount of $10,800 of rite loan of 1885 of the
$35,090,1-00. 1he population in 1880 was 350; in 1890, 19,922, city of
Wheeling have been called for payment at the Bank
and at the present time is estimated at about $37,000.
the Ohio Valley at Wheeling on July 1. 1897, after which
Springfield, Maas,—Bonds Proposed.—The city of Spring of
they will cease to bear interest. The securities are of
held has under consideration a proposition to issua school date
the denomination of $100, $500 and $1,000.
home and engine house bonds.
W
hitestone,
N. Y.—Bond Offering.—Oa July 2, 1897, the
Mamford, Con a.—Bonds Authorized.—The Legislature of
th-' State of Connecticut has authorized the city of Stamford village of Whitestone will sell to the highest bidder $50,000 of
street-improvement bonds.
to Hsu® $75,000 of bonds.
White Sulphur Springs, Mont.—Bond Safe.—On June 17,
Stab-MlUe, N. C.—Bonds Proposed.—This municipality
P* iff *i# to iniUe hoods to pay the cost of constructing water 1897, the $30,000 of 6 per cent water bonds of White Sulphur
Springs were awarded to M. S. Parker of Great Fails, Mont.,
w o rk * .
Stewart County, Term.—Bond Offering.—Proposals will be at par. The securities are of the denomination of $500 or
rerriv..,l until 1 tAleck »•. st. July 1, 1887, by Stewart County $1,000, as may be desired; interest is payable semi-annually
for thf- purchase of $7,000 of 5 per cent jail bonds. These* on the first days of January and July at the office of the Town
curb)©* Kill he of tin* denomination of $500 each, dated July Treasurer of White Sulphur Springs or at the National Bank
1, Ari; inter, st will be payable semi annually on the first of the Republic of New York City, and the principal will
d»>" f‘f January and July and the principal will mature at m a tu re in twenty years from date of iSBue, subj .ct to call
*V" rate 1,1 $1,000 per annum from July 1, 1898 to 1904, in­ after ten years.
Williamsburg, Mass.—Temporary Loan.—The town of
clusive, both principal and interest being payable at the Union
Williamsburg has borrowed $3,000 from the Haydenville
Dank & Trust Company of Nashville, Term,’
hn w .rt A unty at the present tiro© baa no indebtedness: Bank at 4 per cent. The loan Is subject to payment at any
th.- »jMw*wd valuation for 1890 is $1,333,202 and the tax rate time.
Windham County, Conn.—Bond Offering.—Proposals will
p er f 1 ,0 0 0 m $12 80,
ftfiJl >hum f Minn.) School District,—Bond Sale —On May be received until 10 o’clock a. M., June 28, 1897, by Windham
The
i , the ;2 h o of ft p< i cent school bonds of this district County for the purchase of $05,000 of 4 per cent notes.
•w.itdtd to tb*- Farmers' ife Mechanics' Savings Bank of securities will mature as follows: $5,000 in 1898; $15,000 in
'■*Zh* *or $2,865. rhe securities are of the denomina- 1899; $15,000 in 1900 and $20,000 in 1901.
• i si'.ti; interest is payable annually and the prin« ill mature in fifteen years from date of issue,
S T A T E AND CITY D E B T CHANG ES.
mlnn, Mass - Bond Sale.—Od June 22, 1897, the $125,? I p» r c-vnt- '“ -year electric-light bonds of the city of
We subjoin reports as to municipal d<» ; received since
' n Z ',r' j*"
HJgginaon & Co, of Boston at the l a s t publication of our S tate and C i t y S upplement.
•rst me * were riceived;
*?';
Sianwood & Co., B oaton..ti^D 30 Some of these reports are wholly new and others cover items
r '* J ! Ao«nj<* <%
. m 3u« UtfaUm..................10* 824

?.

4i *I
,V ”

, ‘

1 a l t e r , 1'*

t!P - n o t io n ........ 108 045
*4ai»e« 4 fck>iw. Boston......10S‘570

of information additional to those given in the S upplement

and of interest to investors.
Albany, N. Y.—John Boyd Thacher, Mayor. The follow­
iwm,—The ciMss'iui of thiw borough ing financial statement of the city of Albany has been coron a proportion to k u e $20,000 of rec.ed up to April 17, 1897, by an official report to the Chron­
ic l e from James Rooney, City Chamberlain.
/

•*:

$A*n.r*rsrt»K 4 Co., B o sto n ............ioyKfto
KK*vlKilt4>.\ Co.. Jf. Y .. 108*130
1 1 irkll,M,D * Burr, Boston .....,108*0*0

J une 26, 1897.J

THE CHRONICLE.

Albany is in Albany County. In the statement of the city’s
total debt only the loans under the headings “ General Bonded
Debt” and “ W ater Debt” are included.

1243

In a d d ition to th e to ta l d e b t as s ta te d ab o v e th er e is th e railroad
lo a n fo r $ 2 5 0 ,0 0 0 is su e d to th e A lb a n y & S u sq u eh an n a R R . C om ­
p a n y an d secu red to th e c ity b y a first m o r tg a g e p a y a b le, p r in c ip a l
and in ter e st, b y th e D e la w a re & H u d so n C anal C om pany. The s tr e e t
G ENERAL BO NDED DEBT.
im p rovem en t b on ds are p a y a b le b y sp e cia l a sse ssm e n t on p ro p erty
LOANS —
'— In te r e s t.— , ,--------------- P r in c ip a l.
R a te . P a y a b le .
W h en D u e. * O u tsta n d 'g . b e n efltted , and th erefore th e y also are o m itte d in th e s ta te m e n t o f th e
NAME AND PURPOSEM ay 1, 1 9 0 4
b $ 1 1 5 ,0 0 0 c ity ’s to ta l debt.
C IT Y P R O P E R T Y .—T he v a lu a tio n o f p r o p e r ty o w n ed b y th e c ity
n . ’9 8 to 1 9 0 8 ) « 11 a ooft
J & J 5I J$a10,000
P u b lio M ark et............ .1 8 8 8 4
y ea rly . \ * 110,000 N ovem b er 1 ,1 8 9 6 , w a s : R e a l e sta te , $ 4 ,5 6 7 ,4 2 0 ; p e r so n a l p r o p e r ty
S
M
ay
1
’9
7
to
1
9
1
1
)
M & N { $ 5 ,0 0 0 y ea rly . \ a 7 o ,0 0 0 $ 2 ,5 6 6 ,3 9 4 ; to ta l, $ 7 ,1 3 3 ,8 1 4 .
Public! b u ild ’g b o n d s. 1 8 9 2 4
A S S E S S E D V A L U A T IO N .—The c ity ’s a sse sse d v a lu a tio n an d t a x
M & N
1892 4
M ay 1 ,1 9 1 2
a l 6 5 ,0 0 0
do
do
1, *05 to ’0 9 ) -| ok aaa ra te a t d ifferent p eriods h a v e b e e n as fo llo w s, p ro p erty b e in g a s se ss e d
.1 8 8 2 4
J & J 5l J$u2ly
C ity H a ll....
5 ,0 0 0 y ea rly . ( a l i 9 '000 a t a b ou t its a c tu a l v a lu e.
.1 8 8 2 4
J & J
J u ly 1, 1 9 1 0
a 2 0 ,0 0 0
do do
Assessed V a lu a ti on .---------------- , R a le o f T a x
arch 1 8 9 8 -1 9 0 0 )
7ft 000
M & S 5i M
C ity im p r o v e m e n t... .1 8 7 0 7
$ 6 0 ,0 0 0 y e a r ly 5 * 1 7 8 ,0 0 0 T ears.
Total.
R e a l.
P erso n a l.
p e r $ 1 ,0 0 0 .
1 8 9 6 ............ ........$ 5 8 ,3 3 4 ,7 2 5
$ 6 ,3 2 3 ,3 8 0
$22*00
$ 6 4 ,6 5 8 ,1 0 5
5
1897
-1
9
0
9
>
M & 8 t $ 5,000 y e a rly . \ a 6o ,000 1 8 9 5 ............ ........ 5 8 ,5 4 9 ,7 2 0
S e w e r (B eav er C r .).. .1 8 8 9 3
6 4 ,9 7 6 ,7 1 5
6 ,4 2 6 ,9 9 5
20*00
1
8
9
4
............
........
5
8
,4
7
5
,7
5
0
6
,4
1
9
,8
8
5
6
4
,8
9
5
,6
3
5
20*06
( N o v . 1, ’98 -1 9 1 7 >
do . . .1 8 9 6 332 M & N X
do
3 0 ,0 0 0 1 8 9 3 ............ ........ 6 4 ,6 2 3 ,6 8 0
6 ,5 6 5 ,7 9 0
7 1 ,1 8 9 ,4 7 0
20-00
$ 1 ,5 0 0 y ea rly . (
6 ,2 8 2 ,5 2 5
19*00
M & N
6 9 ,6 6 2 ,5 7 1
A ug. 1, 1 9 1 0
W a sh in g to n P a r k ... .1 8 7 0 7
b 5 0 ,0 0 0 1 8 9 0 ............ ........ 6 3 ,3 8 0 ,0 4 6
6 ,0 4 4 ,2 5 0
6 6 ,4 2 5 ,4 6 5
M & N
20*60
do . . . .1 8 7 1 7
M ay 1, 1 9 1 1
b l 00,000 1 8 8 5 ............ ........ 6 0 ,3 8 1 ,2 1 5
do
1
8
8
0
............
3
7
,1
0
0
,4
2
5
........
3
4
,3
1
0
,3
0
5
2
,7
9
0
,1
2
0
36*00
do
.
.
.
.1
8
7
2
7
M
&
N
M
ay
1,
1
9
1
2
b l 00,000
do
3 ,7 6 4 ,5 5 0
3 5 ,0 7 0 ,2 2 4
35*60
M & N
May 1, 1 9 1 4
do
do . . . .1 8 7 4 7
b l5 5 ,0 0 0 1 8 7 5 ............ ........ 3 1 ,3 0 5 ,6 7 4
5 ,9 5 4 ,8 2 5
3 0 ,9 3 6 ,3 3 6
4 5-70
M & N
do . . . .1 8 7 4 7
M ay 1, 1 9 1 6
dc
b 4 9 ,0 0 0 1 8 7 0 ............ ........ 2 4 ,9 8 1 ,5 1 1
8 ,6 3 7 ,1 5 6
2 9 ,2 3 5 ,1 6 5
M & N
3 6-20
do . . . .1 8 7 5 6
M ay 1, 1 9 1 5
do
b 7 5 ,0 0 0 1 8 6 5 ............ ........ 2 0 ,5 9 8 ,0 0 9
12*60
6 ,0 0 6 ,8 0 3
do . . . .1 8 7 5 6
M & N
N o v . 1, 1 9 1 7
2 6 ,2 9 0 ,0 4 8
do
b 3 7 ,0 0 0 1 8 6 0 ............ ........ 2 0 ,2 8 3 ,2 4 5
14*90
4 ,8 5 2 ,8 4 7
2 2 ,3 7 5 ,2 6 1
l o __ .1 8 7 6 6
M & N
do
M ay 1, 1918
b 3 8 ,0 0 0 1 8 5 5 ............ ........ 1 7 ,5 2 2 ,4 1 4
3 ,1 7 1 ,5 8 9
9 ,4 3 0 ,1 0 0
1 2 ,6 0 1 ,6 8 9
15-70
M ay 1, 1 9 1 9
M & H
b 20,000 1 8 5 0 ............ ........
do
do __ .1 8 7 7 6
7 .7 9 2 .3 4 0
3 .4 4 9 .0 9 8
13-20
1 1 .2 4 1 ,4 3 8
M ay 1, 1 9 2 0
d o . . . .1 8 7 8 5
M & N
b 4 0 ,0 0 0 1 8 4 6 ............ ........
do
ay, 1 9 2 0 -1 9 3 0 ) 1. 90= 000
P O P U L A T I O N —In 1892 p o p u la tio n w a s 9 7 ,1 2 0 ; in 1 8 9 0 i t w a s
do . . . .1 8 8 0 4
M & N 5( aM
do
bt. $ 2 5 ,0 0 0 y r’ly J
9 3 ,3 1 3 ; in 1 8 8 0 i t w a s 9 0 ,7 5 8 ; in 1 8 7 0 it w a s 6 9 ,4 2 2 . T he e stim a te
M ay 1, 1 9 2 1
do __ .1 8 8 1 4
M & N
a 3---------0 ,0 0 0 fo r 1 8 9 6 w a s 1 0 0 .0 0 0 .
do
do . . . .1 8 8 ° 4
M ay 1, 1 9 2 2
do
M & N
a 2 8 ,0 0 0
do __ .1 8 8 2 4
M & N
N o v . 1, 1 9 2 2
do
a 2 4 ,0 0 0
Richmond, Y a . —Richard M. Taylor, Mayor. The follow­
do
do . . . .1 8 8 5 4
F & A
F eb . 1, 1 9 2 5
a l 0,000
do . . . .1891 2
J & D
do
J u n e 1, 1 9 3 4
a 3 ,0 0 0 ing financial statement of the city of Richmond has been
do
d o . . . .1 8 9 5 4
M & N
M ay 1, 1 9 2 2
7 .0 0 0 corrected up to February 1, 1997, by means of an official re­
M ay 1, 1 9 3 6
do
do . . . .1 8 9 6 3>2 M & N
7 .0 0 0
5
Feb.
1,
1
8
9
7
-1
9
0
9
)
H a w k St. V ia d u c t ... .1 8 8 9 312 F & A ( $ 5 ,0 0 0 y ea rly , s a 6 0 ,0 0 0 port to the C h r o n i c l e from E. J. Warren, City Auditor.
Richmond is the county seat of Henrico County.
5 J u n e, 1 8 9 7 1 9 0 7 )
D u d le y O b serv a to ry .. 1 8 9 2 2
J & D ( $ 1,000 y ea rly , s a l l ,000
LOANS—
W h e n D u e.
LO A N S—
W h e n D ue
S
J
u
n
e,
’9
7
to
1
9
1
4
,)
B
onded D ebtB o n d e d D e b t —(Cont.) —
.1 8 9 4 4
J & D -t $ 1 8 ,0 0 0 y ea rly . £ a 3 2 4 ,0 0 0 88, J&
B e a v e r P ark
J, $ 1 6 1 ,6 0 0 ............J u ly , 1 9 0 4 6s, J & J ,$ 6 6 ,6 0 0 (r e g .)..J a n ., 1 9 1 0
{ J u n e, ’97 to 1 9 1 4 ,)
7f. 000 ($ 19,500 coupon and $ 1 4 2 ,1 0 0 reg.) 6s, J& J, 1 9 ,9 0 0 (r e g .)..J a n ., 1911
do
do
.1 8 9 5 4
J &
l $ 4,000 y e a r ly . $ * 7 6 ,0 0 0 8s, A&O. $ 1 0 0 ,0 0 0 ...........O ct., 1904 6s, J& J, 1 2 ,0 0 0 (r e g .)..J a n ., 1 9 1 2
($ 77,000 coupon an d $ 2 3 ,0 0 0 reg.) 6s, J& J,
6 ,0 0 0 (reg.). .J u ly , 1913
a In te r est p a y a b le in A lb a n y , b In te r est p a y a b le in N ew Y ork a t 8s, J& J,
$ 6 0 0 (r eg .).J a n ., 1906 6s, J& J, 1 0 ,0 0 0 (r e g .)..J a n ., 1 9 1 4
t h e M erch an t’s N a tio n a l B ank.
8s, J& J,
8 06 (r e g .).J u ly , 1906 5s, J& J,
5 ,5 0 0 (reg.)*. J a n ., 1 9 2 0
8s, J& J, 3 5 1 ,2 0 0 .............J a n ., 1907 5s, J & J ,2 6 1 ,7 0 6 (r e g .)..J a n ., 1921
ST R E E T IM PR O V EM E N T BO N D S.
($ 11,000 cou p on and $ 3 4 0 ,2 0 0 reg.) 5 s, J& J, 3 8 ,8 5 6 (r e g .)..J u ly , 1921
P r in cip a l a n d in te r e st p a id b y h o ld ers o f p ro p erty b en efited .
8s, J& J, $ 6 3 ,5 0 0 ............. J u ly , 1907 5s, J& J, 1 4 0 ,0 0 6 (r e g .).-J a n ., 1 9 2 2
-----------P
r
in
c
ip
a
l.------------<
terest.
.
($ 1,000 cou p on and $ 6 2 ,5 0 6 reg.) 5s, J& J, 3 9 6 ,5 0 0 (r e g .)..J u ly , 1922
—
I
n
LO A N SO u tsta n d 'g . 8s, J& J, $ 2 8 ,2 0 0 (r eg .).J a n ., 1908 5s, A&O, 1,0 0 0 (r e g .)..O ct., 1923
W h en D ue.
NAME AND PURPOSE.
B a te. P a ya b le.
8
s, J& J, 2 8 9 ,8 0 0 ............ J u ly , 1908 4s, J& J, 1 0 1 ,0 0 0 (r e g .)..J a n ., 1 9 2 0
1 8 9 7 -1 9 0 0
$ 3 4 ,8 0 0
D e la w a re A v e — . . 1 8 9 1 3 V M & N
6 0 0 ($6,000 c ou p on an d $ 2 8 3 ,8 0 0 reg.) 4s, J& J, 1 7 5 ,0 0 0 (r e g .)..J u ly , 1 9 2 0
1897
M aiden L a n e .......... ...1 8 9 3 3 V M & N
8
s, J& J, $ 1 8 4 ,0 0 0 ........... J a n ., 1909 4s, J& J, 1 2 8 ,3 0 0 (r e g .)..J a n ., 1921
800
1 8 9 7 -1 8 9 8
O range 8 t ............... ... 1 8 9 3 3 V M & N
1 ,0 0 0 ($ 2,000 coupon an d $ 182,006 reg.) 4 s , J& J, 2 4 ,4 6 o (r e g .)..J u ly , 1921
Q aack en b u sh S t ... ...1 8 9 3 HV M & N
1 8 9 7 -1 8 9 8
6
s,
J& J, $ 1 ,3 0 0 (reg.). .J a n ., 1900 4 s, J& J, 6 ,0 0 6 (r e g .)..J a n ., 1922
1 5 ,6 0 0
G ran d 8 t ................. ...1 8 9 3 3 V M & N
1 8 9 7 -1 8 9 8
8 ,4 0 0 6s, J& J, 6 0 1 ,7 3 5 ...............Jan ., 1904 4 s, J& J, 4 4 ,0 2 5 (r e g .).-J u ly , 1 9 2 2
D e la w a re A v .(2 s e r .l.l 1.3 333 M & N
($3
,0
0 0 c ou p on an d $ 5 9 8 ,7 3 5 reg.) 4s, J & J ,2 4 2 ,0 0 0 (r e g .)..J a n ., 1922
600
C olu m b ia S t........... ... 1 8 9 4 4
1 8 9 7 -1 8 9 8
M & N
1 8 9 7 -1 8 9 9
1 0 ,2 0 0 6s, J& J, $ 9 4 ,9 4 0 ...............J u ly , 1904 4 s, J& J, 5 2 ,5 0 6 (r e g .)..J u ly , 1 9 2 3
H a w k S t ................. - . 1 8 9 4 4
M & N
($
36,006
cou p on and $ 5 8 ,9 4 6 reg.) 4s, J& J, 1 2 7 ,0 6 6 (r e g .)..J a n ., 1924
2 ,7 0 0
1 8 9 7 -1 8 9 9
B e a v e r S t ............... ...1 8 9 5 4
M & N
2 ,7 0 0 6s, J& J, $ 5 4 ,9 0 0 ...............J a n ., 1905 4s, J & J ,5 5 5 ,6 6 6 (r e g .)..J u ly , 1 9 2 4
1 8 9 7 -1 8 9 9
D a n ie l S t.....................1 8 9 5 4
M & N
($5,000
coupon
an d $ 4 9 ,9 0 0 reg.) 4s, J& J, 9 3 ,0 5 6 (r e g /)..J a n ., 1 9 2 5
3 ,9 0 0
1 8 9 7 -1 8 9 9
Q uail 8t. 2 se r ....... ...1 8 9 5 4
M & N
1 0 ,8 0 0 6s, J& J, $ 1 7 3 ,0 2 0 (reg.).July, 1905 4s, J& J, 1 8 2 ,1 5 0 (reg.) J u ly 1, 1925
1 8 9 7 -1 9 0 0
T hird A v e n u e ........ ...1 8 9 6 4
5 0 ,0 0 0 6s, J& J, 2 6 1 ,0 8 6 (reg.).Jan., 1906 4s, J& J, 4 3 9 ,4 5 0 (reg-)Jan. 1 ,1 9 2 6
1 8 9 7 -1 8 9 9
M & N
V ariou s s t r e e t s ... ...1 8 9 5 4
3 7 3 ,0 0 0 6s, J& J, 1 1 0 ,0 5 0 ...........J u ly , 1906 4s, J& J, 1 4 0 ,0 0 0 (r e g .)..J u ly , 1 9 2 6
do
do ___ ...1 8 9 6 4
1 8 9 7 -1 9 1 1
M & N
($1 ,0 0 0 coupon an d $ 1 0 9 ,0 5 6 reg.) 4 s, J& J, 1 3 ,0 0 0 (r e g .). .J a n ., 1 9 2 7
T he to ta l a m o u n t o f s tr e e t im p ro v e m e n t b on ds o u tsta n d in g on A p ril 6s, J& J, $ 1 2 4 ,7 6 0 ............J a n ., 1907 4 s, J & J ,2 0 0 ,6 0 6 (reg.) ..J u ly , 1 9 2 7
($4,000 cou p on an d $ 1 2 0 ,7 6 0 reg.) 4 s, J & J ,2 5 5 ,6 6 0 (r e g .)..J a n ., 1928
1 7 ,1 8 9 7 , w a s $ 5 1 5 ,1 8 0 .
6s, J& J, $ 1 2 6 ,9 0 0 ............J u ly , 1907 4 s, J & J ,4 9 6 ,5 6 6 (r e g .)..J a n ., 1929
W ATER D E B T .
($15,000 cou p on and $ 1 1 1 ,9 0 0 reg.) 4 s, J& J, 1 5 6 ,0 0 6 (reg.) ..J u ly , 1929
- P r in c ip a l.,— In te r e s t.— * /LOANS—
O u ts ta n d 'g # 6s, J& J, $ 6 ,3 7 2 (r e g .)..J a n ., 1908 B on d ed d e b t F eb . 1,’9 7 .$ 7 ,2 0 2 ,6 8 2
W h e n D u e.
R a te . P a ya b le.
NAME AND PURPOSE.
6s, J& J, 7 5 ,2 0 0 ...............Jan ., 1909 F lo a tin g d e b t...................
3 0 5 ,5 3 9
0
$ 1 00,000
Feb. 1, 1 9 0 0
W a te r ........
1874 7
F & A
($1,000 c ou p on and $ 7 4 ,2 0 6 reg.) T otal d eb t Feb. 1 ,1 8 9 7 . 7 ,5 0 8 ,2 2 1
100 ,00 0 6s, J& J, $ 9 ,8 0 0 (r e g .)..J u ly , 1909
Feb. 1, 1 9 0 1
do ........ . . . 4 *
1874 7
F & A
Feb. 1, 1902
9 0 .0 0 0
do ........
F & A
1874 7
T he 5 per c en t b on ds m arked th us (*) in th e ab o v e ta b le are su b ject
9 9 .0 0 0
Feb. 1, 1 9 0 3
do ........ . . . .
F & A
1874 7
100,000 to c a ll te n years a fte r th eir d a te o f issu e.
Feb. 1, 1 9 0 6
do ........
F & A
1876 6
*50,000
PAR V A L U E O F B O N D S .- T h e bonds are in m u ltip les o f $ 1 0 0 .
F eb. 1, 1908
do ........ . . . 9 © 1 8 7 6 6
F & A
5 0 .0 0 0
Feb. 1, 1 9 0 9
do ........ . . .
F & A
1876 6
IN T E R E S T is p a y a b le in R ichm ond.
= 1877 6
5 0 .0 0 0
Feb. 1, 1911
d o ........ __
F & A
C I T Y P R O P E R T Y .—T he e stim a ted v a lu e of th e p r o p e r ty o w n e d b y
Feb. 1, 1 9 1 2
5 0 .0 0 0
do ........
F & A
1877 6
Feb. 1 ,1 8 9 8 -1 9 0 1 ) 200,000 th e c ity on A pril 22, 1896, w a s $ 7 ,1 4 0 ,2 7 3 . T his in clu d es th e w ater
d o ........
w orks sy ste m , v a lu e d a t $ 2, 100, 000; gas w orks, $ 1, 000, 000; m ark ets,
F &
1881 4
$ 5 0 ,0 0 0 y e a n y . 5
$ 2 6 2 ,0 0 0 .
. 5 Feb. 1 ,1 8 9 8 -1 9 0 7 )
©
5
0
.0
0
0
d o ........
F & A ) $ 5 ,0 0 0 y ea rly . 5
T A X F R E E .—A ll bonds are e x e m p t from ta x a tio n b y th e city .
1887 4
a
D E B T LIM IT A T IO N .—T he c ity ’s d eb t is lim ite d b y it s charter to 18
Feb. 1, 1 8 9 8 -1 9 0 8 )
8 2 .5 0 0 per c en t o f th e a ssessed v a lu a tio n o f r ea l esta te .
do ........
F & A{ $ 7 ,5 0 0 y ea rly . 5
1888 4
A
S S E S S E D V A L U A T IO N and ta x rate h a v e b e e n as fo llo w s:
J u n e 1, ’9 7 -1 9 0 8 ) 210,000
d o ........ — * 2 1 8 8 9 4
J &
$ 1 7 ,5 0 0 y ea rly . 5
/----------------- A ssessed V a lu a tio n .-------------------O ily T a x
R eal.
P e rso n a l.
Total.
p e r $ 1 ,0 0 0 .
Feb. 1, 1 8 9 8 -1 9 1 5 ) 1 2 6 ,0 0 0 Tearc.
F &
1895 4
1
8
9
6
...................
$ 4 4 ,7 1 5 ,8 2 2
$ 2 1 ,9 7 2 ,5 5 9
$ 6 7 ,0 8 8 ,3 8 1
$14*00
d o ........
$ 7 ,0 0 0 y e a rly . 3
1 8 9 5 ................. 4 4 ,4 5 4 .9 0 1
1 9 ,7 0 0 ,4 8 2
6 4 ,1 5 5 ,3 8 3
14*00
d o ........ . . .
F eb . 1, 1913
20.000 1 8 9 4 ................... 4 3 ,6 7 6 ,4 9 4
4
F & A
1
8
9
6
1
9
,6
0
7
,2
7
8
6
3
,2
8
3
,7
7
2
14*00
d o ........
20,000 1 8 9 3 ................... 4 2 ,3 4 2 ,6 3 8
Feb. 1, 1914
F & A
1896 4
2 0 ,7 1 6 ,4 2 9
6 3 ,0 7 9 ,0 6 7
14*00
do ........
10,000 1892 ................... 4 1 ,3 8 9 ,0 2 1
Feb. 1, 1 9 1 5
F & A
1896 4
1 9 ,7 2 5 ,5 4 7
6 1 ,1 1 4 ,5 6 8
...............
1 8 ,2 2 9 ,9 7 2
5 8 ,5 7 3 ,5 2 7
14*00
M ay 1, 1 8 9 7 -1 9 0 7 ) 110,000 1 8 9 1 ................... 4 0 ,3 4 3 ,5 5 5
do ........
1888 ■ 333 M &
$ 10,000 y ea rly . 3
1890................... 3 5 ,3 4 1 ,6 5 2
1 6 ,6 4 0 ,6 3 7
5 1 ,9 8 2 ,2 8 9
14*00
1 3 ,7 5 2 ,0 0 0
4 6 ,2 0 0 ,0 0 0
14*00
4 2 .5 0 0 1 8 8 5 ................... 3 2 ,3 4 8 ,0 0 0
do
.1 8 8 4 3 V F &
P O P U L A T IO N in 1 8 9 0 w a s 8 1 ,388; in 1 8 8 0 it w a s 63,600; in 1 8 7 0
it w a s 5 1 ,0 3 8 . T he e stim a ted p op u lation at th e p r e se n t tim e is 9 0 ,0 0 0 .
' In J S93 $ 3 0 ,0 0 0 o f th e a b o v e-m en tio n ed 6 per c e n t bonds issu ed in
X tiila, Oiiio.—C. W. Lmkhart, Mayor. The following
1 8 7 6 w ore tra n sferred from cou p on to reg iste r e d b m d s b ea r in g 4 per
c e n t in terest.
financial statement of the city of Xenia has been corrected up
R A IL R O A D LOAN.
to M ar b 17, 1897, by means of a sp. cial report to the C h r o n ­
P a y a b le b y D ela w a re & H u d so n C anal Co.:
O A N S—
'— In te r e s t.— « /-------------- P r in c ip a l.--------- -— i c l e fr o m C. F. Logao, City Clerk,
Name AND PURPOSE.
R ate. P a ya b le.
W hen D ue.
O u lsta n d 'g .
Th*s city is in Greene County.
A lb a n y & Su sq u eh ’a R .R . 6
M & N
M ay 1 ,1 8 9 7
$ 2 5 0 ,0 0 0
LO A N S—
W hen D ue.
L O A N S—
W hen D ue
E l e c t r i c - L i g h t B o n d s — 1888.
T O T A L D E B T , S IN K IN G F U N D S , E T C .-T h e subjoined s ta te m e n t
S t r e e t I m pr o v e m e n t — (Con.)
5
*2S,
$
5
,
0
0
0
.
.
.
.
A
ug.
15, 1908
5 ^ 8 , .........., $ " 0 0 ...................................
s h o w s A lb a n y ’s to t a l g en eral and w a ter d eb t a n d th e sin k in g fu nd
F k e s i i e t B o n d s — l f c 8 7 -1892.
5s, .........., 6 ,9 7 8 ...................................
held b y th e c ity a g a in st th e sam e on ea ch o f th e d a tes in d ica ted .
5s
. . . . , $ 8 , 0 2 6 ...................................
T ow n H all and F ir e D e p t .—
A n r.1 7 .1 8 9 7 . J a n . 1 ,1 8 9 7 . J a n .1 ,1 8 9 6 . J a n .1 ,1 8 9 5 . 4njs,
10.Q00..........J u ly 1, 1907 7 * 3 s ,........$ 2 ,5 0 0 .....................................
G e n e r ji I b o n d s
$ 2 ,4 2 2 ,0 0 0 $ 2 ,4 8 7 ,0 0 0 $ 2 ,5 5 8 ,0 0 0 $ 2 ,5 8 2 ,0 0 0
G en er a l F undB om led d eb tM ar. 17, ’9 7 . $ 1 3 2 ,0 1 1
W ater b on ds. . ! ! \ \ \ \ . \ 1 ,5 6 0 ,0 0 0
1 ,5 8 2 ,0 0 0
1 ,6 3 1 ,0 0 0
1 ,5 8 4 ,0 0 0 68, ........... $ 3 .3 0 7 .................................... T otal v a lu a tio n 1 8 9 6 ...$ 3 ,6 6 7 .0 0 7
R e f u n d in g B o n d s — 1892-94.
I n te r e st p ayab le in X enia. y
$ 3 ,9 8 2 ,0 0 0 $ 4 ,0 6 9 ,0 0 0 $ 4 ,1 8 9 ,0 0 0 $ 4 ,1 6 6 ,0 0 0 4*28, J&J $ 8 9 ,2 0 0 ...........1902 1912
A sse ssm e n t is 5 a c tu a l valu e.
T otal bonds
m
o
i
I
sso
1,112,000
1,077,290
907,570
S
u
b
je
c
t
t
o
c
a
ll
1902
T
otal
ta x (per $ 1 ,0 0 0 )........... $26*50
S in k in g fu nd
5 s , . . . . , $ 6 ,0 0 0 .................................... P op u lation in 1890 w a s ....... 7,301
_
_
$
2
,8
8
0
,1
5
0
$2,'
'
7
,0
0
0
$
3
,1
1
1
,7
1
0
$
3
,2
5
8
,4
3
0
S
t
r
e
e
t
I
m
p
r
o
v
e
m
e
n
t
I
P
op
u
lation
in 1880 w a s ........ 7 ,0 2 6
N et le b t ........
O s , .........., $ 3 0 0 ....................................... P op u la tio n in 1 8 9 6 (e s t.). . . 1 0 ,000
ids a re in v e ste d m o stly in th e c ity ’s o w n bonds.
The sin k in g

THE CHRONICLE

1*44

INDEX TO S W E

[ Vol . LXIV,

AND CITY DEfABTM^T,

l u ( Itu io i reti-reno# In m ade b y the p a g e n u m b e r to e v e r y Item r eg a r d in g S t a te ,c ity , to w n o r c o u n ty fln aneea w h ich h as bee

ttu*>Mt’i t -Inct' th e i-t.nance uf th e lo st S tatk and Cit y S u p p l e m e n t , A pril 1 0 ,1S97. I t e m * i n t h e c u r r e n t n u m b e r a r e n o t
Kaf.-tavr ty p , * re fe r to la te s t r e p o rta o f to ta l d eb t, assessed v a lu a tio n , &o. T his in d ex will be published In th e St a t e a s i >
o f th e IhiKOMOLE on tint la s t S a tu r d a y o f e a ch m on th

1655
pdd 1Bayoune, -V. J . - ■
Witt : Bair St, Louis. Mlap .....
1102 Bedford County. V a.. . . ,
721
1117 Bellain*. W. Va— ......
Ho
1055 ltylmont Co.. 0 ........... 1X48
.Xvb
Hi* Belmont, Mass 721,787,
lOiO, 1 0 5 5
721
9 ‘i L Uh« BoBrami Co.. M inn...... 1 1 9 4
1194 ikiinlngton, V t.... 1O10, 11 0 *
V. ’ '%
1147 Benscm. Minn.......... 767, 912
■
1148
Benumville, Ark......
m , m e.
963
liofi. 1147 Berkley, Va...... fili'Q U L
Ufirltn Falls. N.H.-lotO, J055
Thina Ward
H. rhlehtun. Pa
,.-812, 101U
*a..l0iO.
Beverly, .Mass..........
Bingham Co., Ida
.... ©00
Binghamton, N. IT..912,1104
, l*g<« Hmc* Hawk. Col............ ©60
A nettrus,G a. .....
721 Bloomfield. N .J. .. 721. 707
Andowr. M*o . . . . .
............ 1 0 1 6
Atm Arbt»r. Mtch... ill? . 1194 IImIm'. Idaho.
1191 Hoodvilla Sch. DissU Mo. I 148
ARo*a. lim n......... .
A©p*a- -**c 0©n la ........., 1065 Bo#caiten. X. H ............. . i m
. ©12 Boston, Mans.... 721,767,
1010,1148, i m
Arkaaisas.... . . . . . . . . . ... 1147
859
707 B o u k le r, C o l..................
ArkA£»««a» City. K an....,
Bowling Green, O.... — 1148
Arsrrr.c by-tbv Sva.
N, Y. t
I d , 11*7,, 110i Hmddoek. Pa........... 767, 1194
812
J 1 94 Brad ley Co., Term...
Ashland Ca* Vi U........ 1055 Bristol, Conn. — ....968. 1103
IO10 Bristol Co.. Mom 707,
Astorta, Ore«un......
Brockton.Mass— S i Z,
ins,
A il
86©,
ty, X. J
Atii
1055 Brookhnvi?n. 51if 8.. ,76*,
1148.
Atuna
721 Brookings Co.. S. U ..
AVO®
Brooklyn, N. Y.. 707,812,
859, eua, loio,
y . Ore............ 1055
11IH Brownsville, T eam ..
Buffalo, X. Y ....7*1,918,
im
t. c ...... ...8 lf.
1035,1103. 1U8
mio
If 55 Burlington Independent
SehTuist., la ......S3 9. n©4
fights. Va.
1056
Butler Co., Neb ......... 1103
.
*>k, Midi*
*
1 0 1 it
. . 812. 11«>2 /Talhottn Co., A la........ 9 6 6
V 'allnwav Co,, Mo. .787, 859
. ..©If,
I 1 0 2. 11M Cambridge, Mass— 721, 812
. . . i m , II©* Cameron, Mo........... —
721

AS

lid

,707

NEW

LOA N S.

Cameron. W, Va-----912 1103 i CoateavUTe, Pa..768,813. ©
60
tam pbelt Co„ Va
... 1194! Colbert Co., A la. . . . .813, 101»
Cape May. N. J . .812,859, 986 j College Point. N V ©If,
Carbon Co., M ont,.. .707, 1 195
066.1011,1055, 1148
—
813
Carroll Co., G a ....—
812 Colomo, Mich
Carroll Co., l a ... . . . . . . . . .
721 Colorado Springs. Col.,
Carrollton, A la.... — .. 1055 j
860, 1011
966
Carrollton,Ga- . . — .. S 3 9 Columbus, G a .........—
Carrollton Twp* Mich... 1*55 Columbus, O ......... 1055, 1105
Concord, N. C .... ......
72*
Cascade Co. school Dis­
trict- No. 29, Mont.,
1106 ConnellHVille. Pa ...
1105
Cass Co.. N. l> ........... 1105 Cora...... Pa .......... 1103
Cats kill. N. Y .... 812. 012 Corona Sell. Dial. No. 2,
....708, 813
Centre Hall. Pa
812 t N .Y ......
Clmgrin Pal Is. 0 .... 767, 00« j Coryell County. Texas,.. 1011
Chamber-burg, P a........
812 i Cottage City. Mass........ 1056
Champlain, N. Y. .1055, 1H 8 Council Bluffs I©depend
Chariest'n. VV. Ya.
.. 1148
School District, la . .. 1195
Charlottesville. Va.1011, 1103 Cowlitz Co., o ash ......... 1195
<Tan lord Twp., N .J ...... 119 7
Chatham. N .J ...... 1065,
1103, 114S , Cranston, It. 1 . ..........
912
Crawfordsvllle, Ind,......
©86
Chelsea, Mass.... 8 5 «,
.......
721
two.,.1 0 1 1 , H48 Oreston, la .
Cherry Co., Neb.............
—
813
900 Crooksville. Ohio
Chester, Pa . . . . . .
. 1195 I Cumberland Co.. N. C.... 1103
Chester, S. C.,.986,1055. i »95 j Cumberland, Md.
*60, 3011
Curwengville,
Pa
880.
1195
Chicago, 111............ 81*2, 1065
Chicopee, Mass............... 1011 Cuyahoga Falla, O.........
906
China School ^District,
Cal...*.......................... 1055j TAanburv, Conn 1 0 1 1 , 3143
k J avid City, Neb.........
Chippewa Co., Mich.,
1050
<#66.1103,1 1 0 7 ! Dayton, Term . . . . . . . . . . . 1195
oteau Co., Mont >69, 1148 Day to n. W ash,.............
768
risttan Co„ Ky. .. 812, iOil Bearing, Me. ....... 912, 3103
clnnati, o ...721,1103,
Defiance, 0 ..................... 1056
11*8, 1105 Delaware..................
966
Cincinnati Sch. Dist., O. 7t57 ! Deimar, l a ................
1195
Claremont, N. H . —
880 i Del olios. Ohio. .... ..860, 1011
Clarkfleid. Minn ... 767, t60 } Delta. Coi ..............
H95
Clay Co., i n d .... ............ 9 7 I Dennis, Mass.................. 813
Clay Co . M inn.............. 11 ©5 Denver, Col........... .— 1148
Oleartield, M e,.,,......... 1055 j De Kuyter, N\ Y
......
800
Cleburne, Tex
912
........... 721 Des Moines, l a .. . . . ......
Clermont Co , O..
860, 966 i Des Moines Independ­
Cleveland. 0....721, 767,
ent School District,
812, 1103 i Wed, Side. l a .............. 721
Clinton, M o ................
1103 Detroit, Midi ..722,768,
Clinton, M ass..........721, bl3 j
813,860, 10o6, 1103

N E W L O A N S.

3 3 3 4 ,0 0 0

$

6

0

, 0

0

Dorset. Vi
................ ,1 1 9 5
Dougherty Co,, Ga.................... 768
Douglass Co. Independ­
ent School District
No.2, M inn...............
813
Dover. N It
..........
X196
Dubuque. Ia...
.. 9 1 7
Dutur Sch. Dist. No. 29,
Ore ...................... .. 1056
Dundee, N. Y .,...
..
800
Dundee Onion School
District, N. Y ..........
912
Duquesne, P u .........
1050
Duval Co., F la..........860, 1195
N Y.,
1195
E astehefter.
ost Cleveland, O.. 768,
lu ls , 1103
Easst Hampton, Mass.,
1195
East Orange, N .J ...... .
906
E«stport, Me................
722
East Providence Fire
District, R. i
. . . ....
768
East Providence, It. L.
1056,
Eatontown. N. J . ... 1056, 1103
Edgecombe Co., N. C__
768
s flinsham. Ill ............. 1195
Egg Harbor City, N. J..
1011, 1195
Elizabeth, Pa..................
813
Elkhart, ln d ... .............. 1011
Elidanri Twp, School
District No, 5, Mich,.. 1196
Ellsworth, M e............... 3o n
Elmira, N, y ..................
813
Elsinor, Cal................... 7 Z Z
Elvria. O ............. .. 1148
Essex Co., N .J.........912, 91 7
Evansville. Ind........... . 1656
|?&irhaven. M ass...768, 813
a all R iv er. Mass. . ......
722
Farley, la — _____
1103
Far Rockawav. N. Y.912,
lh ll, 1056, 114©
Fayette Co., K y.....lO ll, 11 0

I N V E S T M E N T S . ___ _
# 50,3 0 0

0

CITY of ALLEGHENY, PA,, T own of Westfield, N. J,, Neptune Township, N.J.
4- Street Improvement Bonds.
O m e n o r tub Cuyi:*tuo .u t :k ,
\
City o r AM.EiiBBNV, Pa ., June 23,1897. )
SEALED PROPOSALS will be received a t this
o®o© until Three o'clock P. M„ Thursday, Ju ly 8th,
P'SC, for ttu* purchase Of the whole or any part of
T h re e H u n d re d a n d T h ir ty - f o u r T h o u s a n d
dollar* B t x m i Improvement Bonds of the City of
ADetheoy, Pa... maturing m follow?, from January
i n , u m t which will be the date of sold bonds:
H L tt.000 M a tu rin g J im , j* 1 9 0 7 .
9 6 6 ,0 0 0 M a tu rin g .1 itn. J , 1 9 1 2 .
8 6 6 .0 0 0 M a tu rin g J a n . 1, 1 9 1 7 .
9 6 N 0 0 0 J lln tu r lr g .In n . 1. 1 9 2 J .
$ 0 * * 0 0 0 M a tu rin g .Jn u . J* 1 9 2 7 .
The
bead* will bear interest a t the rate of
f u v r p t’T c«*m p v t annum. They will be registered
•*“* in deowndimtidwi of One Thousand Dollars
tfS.ddb-; each. Interest payable semi-annually on
%ti* ®t»t day* of July and January, in each year, at
tbf' »*Sce of the C»y T t m m m r , in the City of
AEs«*fe*aj» Pa., or mailed by check to the registered
thereof* wherever purchaser may select.
?,s' '' tedder will be required, as an evidence of
« ^
*«
1 with bid » certified chock on a
3,ai U m % i m five >S) per cent of the par value
■■4 Vh»- k m # Wd far, parable to the order of the City
of award, said deposit will, at
of boijd ». bo (?f mit(t',| ,,1,
_
so4, Cheefc* will be returued
», Purchaser must m y to the
tM f
i m i m m i tm b% n o * from July IM, to date
** &**« **UHt
smti. botldi aunt he tukeii.ap
tM rtf 4 1 9 ' or
m
T tm
honds will i 0 award «h! to the bidder
Wti UB# ©T*1
will bo t i m t favu r«I,)e to tlie City,
ItNk ththt 1* t a m r t t r 1 by ih« Committee on
all hid# not deemed for
,,r
<msM m w t i tm

*O) v.i AI'AVbe-ny MwH I
to

" PtD|K»*i* tor
J am E8 BROWN,
_____ ® ty CompiroUer.

hE W E R

B O N D S.

The. Township of Westfield. Uni m County. New
Jetsey, will receive bids on coupon or registered
bonds to the amoutitof Thirty fi’honsaud ( § 3 0 ,0 0 0 )
Dollars, the amount of each bond to be one thou­
sand ($1,0OU) dollars, payable in gold. This issue
shall be thirty-year bonds* dated fr-uu July 1st, i8©7,
but redeemable any time after twenty years, at the
option of the Township, with three m onths’ notice.
The said Township will also offer a t the same time,
to the highest bidder, coupon or registered bonds,
to the amount of Thirty Thousand {$4 0 ,0 0 0 } dol­
lars, the amount of each bond to be one thousand
(MjAOj dollars, payable in gold. Three thousand
($3,000) dollars of this issue shall be paid each year
on and alter J uly 1st. 1898 The rate of interest on
the above issues shall be determined by the amount
bid at sale. Those wishing lour per cent or four and
a half per cent bonds can specify their wish in the
bids. Interest shall be paid semi-annually January
and July 1st, at the First National Bank, W estThe bonds will bear certificate, as to legality by
Counsellor, Mr. Frank Bergen, of Elisabeth, New
Jersey, and will bes printed by the American Batik
Note Company of New York City.
Proposals io r the said bonds, or any of them, aceomp&nlea by a certified check for five per cent of
the amount bid, should be enclosed in a settled en­
velope, endorsed ' Proposals for Bonds ", addressed
to Mr. Charles G . Endicott, Chairman of Township
<,<iu.uultteo, and delivered to him on or before July
2p, 1897, lit » o’clock in the evening, at the TowusSop Rooriis situated on North Avenue, near Depot,
S« Westfield, Union County, New Jersey, a t which
time and place the said proposals will be opened.
liie Township Committee expressly reserves the
fight to reject any and aU bids.

D a te d J u n e

18t h ,

1897.

CHARLES G. ENDICOTT,
GKORGM II. EM Bit EE.
CHRISTOPHER W. HARDEN,
Township Committee.

# 3 5 5 0 , 0 0 0

C I T Y OF SPOKANE
Water-Works, Gold, 6s,

h ash

121 Davonshire Street,
BOSTON.
‘' l e t - » M T |iP Q »t A P f L I O A T I O * .

Due J a n , le t , 1 8 9 8 -1 9 1 7 .

f invest ore and. Trustees desiring a permanent
tBuefietpai investment of undoubted security, pay*
shio in GOLD, these securities offer the beat returns
oonalnie s* with absolute safety.
Descriptive list and prices on application. Inter,
views ana eorre-spondeooc invited.
A, C. FROST & COMPANY,
1O8-1I0 La Balls Street, Chicago.

SC H O O L BONDS.
J&WJB 21, 1897.

The Board of Education of Neptune Township,
Monmouth County, N. J M will receive bids until 11
A M., July 10, 1897, at the Association Building,
Ocean Grove, N, J M for the whole or any part of
$ 5 6 ,3 0 0 of five per cent School Bonds of said
District, as authorized by the Jaws of New Jersey
and approved by the Slate Attorney-General. The
Board reserves the right to reject any or ail bids.
The accepted bidder or bidders must deposit a cer­
tified check for two per cent of th e amount hid
w ithin two days after notice of acceptance.
Bonds will be $500 each (one $30Q) and dated Aug­
ust 1, 3897, interest payable semi-annually. Febru­
ary and August. Begin to m ature August, 1007*
$2,500 annually for ten years, $3,000 annually for
eight years, $3,300 for one year, $1,0« 0 for one year.
Payable a t the Aabury Park and Ocean Grove Bank,
Ashury Park, N. J., or New York City. Bonds not
taxable in New Jersey.
For further particulars address
HAROLD B. AYRES,
Chairman Finance Committee,
Ocean Grove, N. J.

$ 3 3 5 ,0 0 0

i he I'ownsmp population is about 4,600,

a, .;1*8,000,
,, .i'^ ^ s h lp assessed valuation lor 189(5 was
$1,3
The Township now has bonds out called School
Bonds 10 Die amount of $25,t.O0, ami. no other debt
except sewer dent, which la proposed to be funded.

D ated J a m l » t , 1 8 9 7 .

M U N ICIPA L BONOS.
E- C , S t ANWOOD & C o ,,

S%

TRINIDAD, COLORADO,
Si

W A T E R -W O R K S BONDS.

The undersigned will receive sealed bids until July
28th, 1897, at 7:30 P. M. for an issue of $ 3 3 5 ,0 0 0
h% Semi-annual 10-15 year (optional) Water-Works
Gold Bonds, dated April 1st, R07, denominations
$1,000 each, payable at the First National Bank, New
York City. Bach bid must be accompanied by a cer­
tified check of M of the par value of the bonds bid
for, th e check to be payable to the order of City
Treasurer, Trinidad, Colorado.
The right is reserved to reject any and all bids.
F o r additional information address
GEORGE C. BATEMAN,
City Clerk, Trinidad, Colorado.

J a m e s N . B ro w n & C o .,
Oib C e d a r S t r e e t ,

BANKERS
-

NEW YO RK

MUNICIPAL, COUNTY, SCHOOL AND
TOWNSHIP BONDS

B O U G H T

AND

SOLD.

THE CHRONICLE

JCNE 26, 1897. J
INDEX T O
F a y e tte v ille , N . C . ...
F a y e t t e v i l l e , N . Y ..1 0 1 1 ,
F i tc h b u r g , M a s s ................
F la g s ta ff , A . T .............. -F lo r e n c e , A l a ............ 768,
F l o r e n c e , C ol ...........1011,
F l a s h i n g . N . Y ...................
F l u s h i n g S c h o o l D i s tr i c t
F^o. 3, N . Y .........................
F o r t D e p o s it, A l a ..............
F o r t M a d is o n . I a . 1 0 5 0 .
F o r t S c o t t, K a n ................
F o s s t o n , M i n n .................
F r e e l a n d . P a .......................
F r e e p o r t , N . Y ...................
F r e m o n t . O h io ............ 768,
F u l t o n , N . Y .......................
F u l t o n S c h o o l D is t., M o.
f 'i a ffn e y , S. C .....................
v T a l l u p , N . M e x ................
G a l v e s t o n , T e x ........
G a l v e s t o n C o., T e x . .722,
768,
G a r d in e r . M e .......................
G a r f ie ld C o.. K a n ..............
G a s t o n C o., N . C ................
G e n e v a . N . Y .......................
G e o r g e to w n , K y ...............
G l e n R id g e . N . Y ..............
G le n s F a l ls U n io n F r e e
S c h . D i s t.,' N . Y ............
G le n v ille , <>bio.
G l e n v ille V illa g e S c h o o l
D i s tr i c t . O h io ..........912,
G l o u c e s t e r . M a ss ...7 3 8 .
813, 913,
G lo v e r s v ille . N . Y .............
G ly n n C o., G a ......... 1103,
G o ld s b o ro , N . C ............
G r a n d F o r k s I n d e p e n d ’t
S c h . D is t., N . D
G r a n d J u n c ti o n , C ol.768,
913.
G r a n d R a p id s . M ic h ..
9 1 3 . I t *56,1103,1149,
G r a p e l a n d I r r i g a t ’n D ls
t r i c t , C a l ................. 860,
G r e e n H ay, W is .................
G r e e n s b u 'g . P a ........1011,
1056.
G r e e n p o r t , N. Y .................
G r e e n S p r in g , O ...............
G r e e n w o o d , 8 . C ................
G r im e s C o . T e x .................
G r u n d y C o., M o ........ ..

'

J ..........
H aa mc ki!etnosna.cMk , aXs s. .............
H a m i l t o n , O h io .................

768
1103
1149
768
lu ll
1103
1119
1195
1011
1149
966
1195
81.3
813
1011
722
1195
813
722
960
>60
912
1149
1056
1103
912
1056
860
722
1103
1149
913
1149
119»
813
1011
1195
1149
1011
1149

813
813
1056
1195
913
913

STATE

H a m m o n d s p o r t, N . Y . . . 1195
H a r d i n C o u n ty . O ............. 1011
H a r d y T w p ., O h i o ............
91.4
H a r r i s o n C o., O — ..........
768
H a r tf o r d A rse n a l S chool
D i s tr i c t , C o n n . .. 913,
967
H a r tf o r d , C o n n ___S i 3 ,
860, 913, 1056
H a r t f o r d F i r s t S c h . D is .,
C o n n ...........................1103, 1149
H a t f ie ld , M a ss . .................
860
H a v e r lo c k , N e b ..................
860
H e l e n a , M o n t............ 722,
813, 8 6 0
H e n d e r s o n , K y .................. 1195
H ic o , T e x .......................... 7 6 8
937
H i g h l a n d P a r k . K y ..........
H i g h l a n d T o w n s h ip , M o 1011
• • iils b o r o . T e x ................... 1196
H i r a m , O ................................ 7 2 2
H o l l a n d , M ic h ......... 8 6 0 ,1 0 1 2
H o lia D s b u rg , O ................... 1196
H o l l is te r . C a l...............
813
H o ly o k e , M a s s ..........1012. 1196
H o m e s te a d , P a
..9 6 7 , 1012
H o p k in s v ille , K y . . . .
768
1149
H o u s t o n , T e x ............H>12,
H u d s o n , M a s s ..........1012, 1056
H u d s o n . N . Y ............7 6 8 , 1 1 0 3
76-*
H u d s o n C o u n tv . N . J . . .
H u n t i n g d o n , T e n n ........... 1012
H u n t i n g t o n , C* n n . . . 9 R7, 1018
H u n t i n g t o n S c h . D is t.,
967
W . V a . .......................H0O,
1103
H u n t s v il le , A l a ........1012,
913
H u n t s v i l l e , T e n n ..............
H u n t s v il le . T e x .................
967
860
H y d e P a r k . M a s s .............
1103
H y d e P a r k , O h io ........913,
I n d ia n a
.........................
I n d i a n a C o., P a ........^00,
I n d ia n a p < d is . I n d
722,
967. 1056, l l u 4 , 1149,
T ow a C ity , l a .......................
I r v i n g t o n . N . J ...................

1012
913
1196
1104
1056

T a c k s o n C o .. M ic h .......... 1196
• * a c k s o n . T e n n ................. 7 6 8
J a c k s o n v i ll e , F l a ...^ 6 0 . 1056
J a m a i c a , X . Y . . 722, 768,
8 1 3 ,1 0 5 6 , 1104,
J a m a ic a U n . F re e Sch.
D is t. N o 1. X . Y .. . . 1196
J a m e s to w n , N . Y . . . 768,
913
814.
I J a s p e r C o.. I n d ..........814, 1 )4 9
J e a n n e t t e S c h . D is t., P a . loo6
! J e f l e r s o n C ity . M o ............ 1056
722
i J e f f e r s o n C o .. K y ...............

AND C I T Y

D E P A R T M E N T . - C o n t in u e d .

J e f f e r s o n C o u n ty , T e x .,
1012,
J e ll ic o , T e n n
7 2 2 ,8 1 4 ,
J e n n i n g s C o., I n d
—
J e r s e y C ity , N . J .........768,
860. 9 1 3 ,1 0 5 6 ,
J o h n s t o w n , N . Y ................
J o p li n , M o .............................

1056
1056
1149

L u m b e r t o n ^ N , C................
L y n c h b u r g , V a ___7 2 3 ,
L y n n , M a ss ...9 6 7 ,1 0 5 6 ,

914
914
1149

M

a b e l, M in n .................... 1012
a e o n , G a ................814,
914
M a d is o n v ille , 0 .................
723
M a d is o n , W i s ............1149, 1190
M a h o n in g C o., O ...1 1 0 4 , 1196
a n s a s C ity . K a n . . . .
1104 M a ld e n , M a s s ...7 2 3 , 814, 1104
a r n e s C o., T e x ............
860 M a m a r o n e c k , N . Y „ 814,
1104,1149, 1196
K e n t o n , O h io ....................... 1012
K e n t u c k y ....................... 769, 1149 M a n c h e s t e r , N . H ............. 1150
K e r n C o u n ty , L a k e v ie w
M a n c h e s t e r , V a ........967, 1012
S c h o o l D i s tr i c t , C a l—
1012 M a n sfie ld . O .........................
769
K e r n C o u n ty , R o c k p ile
M a ric o p a C o ., A . T ............ 1104
S c h o o l D i s tr i c t , C a l—
1012 M a r i e tt a , O ..........814, 914, 1196
K e y W e s t. F l a ...................
913 M a r i n e tt e , W i s ........ 967, 1056
K in g C ity S c h . D is t., M o . 1 1 4 9 M a r io n C o., O ..................... 1104
K i n g s to n . N . Y .................. 1104 M a r io n . O . . . .................
1150
K i t ta n n i n g , P a ................... 1104 M a rio n S c h o o l D is t., 111. 1 0 1 * 4
M a r lb o r o , M a s s .
1104, 1196
a B e lle T w p .. M o ........ 1012 M a r s h a ll t o w n I n d e p e n d .
a k e B u t le r , F l a ............
860
S c h . D is t.. I a ........... 861, 1012
F a k e C o .. M in n ............. .
1104 M a r t in , T e n n . .,8 6 1 , 967,
1012, 1057
L a k e la n d , F l a ..................... 1196
L a n c a s t e r , O h io — 10£6, 1196 M a ry s v ill e, C a l ................... 9 7 1
L a n c a s t e r , P a .....................
860 M a s s a c h u s e tt s ......... 1012,
1150, 1196
L a n g d o n , N . D .................... 105rt
L a n s in g b u r g U n . F r e e
M a u r y Co.. T e n n . . . 769,
861
S c h . D i s t. N o . 1, N . Y . . 1196 M a y v ille . N . Y ........ .1012,
L a u r e l . M d .........................
722
1057, 1196
L a u r e n s , S. C . ..
967 M c G r e g o r, I a ....................... 1057
L a v a c a C o ., T e x .............. 1056 M c K e e s p o rt, P a ................
1196
860 M c M in n v ille , T e n n .......... H 9 6
L e a d , S. D ...........................
L e b a n o n , N . H ...................
722 M e d f o r d , M a s s ........... 769.
L e b a n o n , O ...............
769
914, 967, 1 0 5 0
L e b i g h to n . P a . . . . ............
722 M e lr o s e . M a s s ........... 967, *i90
L e i c e s t e r , M a s s ..........722,
967 M e rc e r C o ., N . D .
914, I f 57
L e n a w e e C o., M ic h ..........
913 M e rid e n . C o n n ..................... 1 0 5 0
L e H o y . N. Y ........................
913 M e rid ia n , M is s .
S O I , 1104
M e r r im a c k C o.. N H —
1L04
L illia n I r r ig . D is t., W a l ­
w o r t h , N e b .......................
722 M ic h ig a n C ity . I n d . 1013, 1057
M id d le s e x C o.. M a s s ........ 1012
L im a , O ....................... 1 0 5 6 , 1 1 4 9
M id d le to w n , C o n n ..."69,
L in c o ln , M a s s ................... 8 1 4
S 1 4 , 861,
914
L in c o ln P a r k , I I I ................
814
M id d le to w n S c h o o l D is ­
L i n d a V is ta I r r ig a t . D is ­
t r i c t , C a l......................913, 1056
t r i c t N o . 1, N. V.. .1150, 1197
L i s b o n , O ........................769,
913 M id la n d Co., M ic h . . . .
723
M id la n d P a r k , N J . . 7 2 3 , 1 1 5 0
L itc h f ie ld
T w p . H ig h
S c h . D is t., I l l .................... 1 1 9 6 M ila c a . M in n ....................... 1150
967
L o g a n . O ........................... ..
7«9 M ila n , T e n n .........................
L o n g I s la n d C ity , N . Y . .
860 M ilf o rd , D e l ..............1013, 1196
M ilw a u k e e , W is .8 6 1 ,9 1 4 ,
I ,o r a in , O ............................... 8 1 7
9 0 7 . 1013.1104, 115'*, 1197
L o s A n g e le s , C a l .. . S14,
9 1 3 . 1 0 1 ^ . 1056 M in n e a p o lis , M in n .. .814,
9 0 S . 1013, 1104
L o u is v ille . K y .. ...9 1 3 , H 9 6
L o v e l a n d . C o l..................... J149 M is s is s ip p i.............................
968
L o v e l a n d , O .................
7 69 M o b ile A la ........................... 1 )9 7
L o w e ll, M a s s . .860, 9 1 3 , 1149 M o d e s to , C a l . . . . . ..............
96o
1149
769
814

K

L

N EW LOANS.

INVESTM ENTS. __

1245
914
M o n e tt , M o ...........................
M o n o n g a h e la , P a ..............
814
M o n ta n a .........................709,
801
M o n tc la ir , N . J .................... 1 0 1 0
M o n tg o m e ry , A la ...1 1 5 0 . 1197
M o n tic e llo , F l a
..7 2 3 , 1197
M o n tr o s e S c h . D is t.. M o . 1150
M o rg a n C o.. A l a ................ 1 1 5 0
M o r r is C o .. N . J ..................
968
M o rr is to w n , M i n n . . . 914, 1150
M o u ltr ie , G a ........
914
M o u n t A i r y , N. C .............. 1104
M o u n t M o rr is , N , Y 914,
1 0 1 3 ,1 1 0 4
M t. P l e a s a n t . P a . ..
1057
M t. P l e a s a n t T w p ., M o .. 1057
M o u n t V e r n o n . M o .......... 1104
M u n is in g , M ic h .723, 814,
968, 1013, 1104

N

a p o le o n , O ..9 6 8 ,1057,
a u g a tu c k , C o n n ..........
N a v a jo C o., A . T . . . . 769,
N e o g a . I l l .............................
N e p t u n e T w p , N . J ..........
N e v a d a C o. S c h o o l D is ­
t r i c t , C a l......................8L4,
N e w a rk , N . J . .861, 9 1 4 ,
| N e w a rk O h io ..............968,
N ew
B arb ad o es Tw p.
' S c h . D i s tr i c t , N. J.1 0 1 3 ,
N e w B e d f o r d , M a s s .769,
! N e w B r ig h to n . P a . . .814,
j N e w B r ita in , C o n n . 1150,
N e w B r u n s w ic k , N . J
N e v v b u rg . N. Y . ......... N e w C a s tle C o.. D e l.1 1 0 4 .
N e w c a s t l e , P a ...................
N e w J e r s e y ...........................
N e w L o n d o n , O ..........723,
N e w M e x ic o ........ .. .914,
N e w O r le a n s , L a ___914,
I N e w p o rt, K y ........................ )
N e w p o r t, T e n n ....................
N e w to n , M a s s ............723,
8 6 1 ,9 1 4 ,9 6 8 ,
N e w to n , N . C .......................
i N e w to w n , N . Y . .7 2 3 .861,
1150,
N e w to w n U n io n S c h o o l
D is t. N o . i, N . Y .. .723,
N e w to w n U n . F r e e S c h .
; D is t. N o . 2, N . Y . .. 861.
1013.
I N e w Y o rk ..................814,
N e w Y o rk , N . Y . 72 1 ,8 1 4 ,
8 * 9 ,9 1 1 .9 6 8 ,1 0 1 3 ,1 1 0 4 ,
i N i a g a r a F a l ls . N. Y..........
N ile s S c h . D i s t., O . . .861,
N o r f o lk C o., V a ..........915.

1104
814
1013
1057
1150
1013
1057
1057
1104
1013
86L
1197
723
1197
1197
3197
9 LI
1104
968
1013
107
1150
1057
1150
1197
S I4
11 f 0
1010
1197
815
915
96

IN VESTM EN TS.

BOND CA LL.

July Investments.

VILLA G E OF

SOUTH DAKOTA.

FAR ROCKAWAY, L. L,

P i e r r e , S . D.. J u n e 1 ,1 8 9 7 .
N o tic e is h e r e b y g i v e n t h a t t h e f o llo w in g -d e s c rib e d
T e r r i t o r i a l (n o w S t a t e o f S o u t h D a k o ta ) B o n d s a r e
c a lle d f o r p a y m e n t o n J u l y 1 s t, 1897, o n a n d a f t e r
w h ic h d a t e i n t e r e s t w ill c e a s e .
I s s u e d M a y 1 s t, 1883, f o r t h e c o n s t r u c t i o n o f S c h o o l
f o r D e a f M u te s a t S io u x F a lls , N u m b e rs 1 to 24. b o t h
i n c lu s iv e , o f $500 e a c h .
I s s u e d M a y 1 s t, 1883, f o r t h e c o n s tr u c ti o n o f t h e
m a in b u i ld i u g o f t h e D a k o t a U n i v e r s i ty a t V e r m il­
lio n , N u m b e r s 1 t o 60, b o t h in c l u s iv e , o f $500 e a c h .
I s s u e d J u l y 1 s t, 1885. f o r c o m p le tin g t h e A g r i c u l ­
t u r a l C o lle g e a t B r o o k in g s , N u m b e rs 1 t o 40, b o th
i n c lu s iv e , o f $500 e a c h .
I s s u e d J u l y 1 s t, 1886, l o r t h e c o n s t r u c t i o n o f
D o r m ito r y . &c.. S c h o o l f o r D e a f M u te s . N u m b e r s 1
t o 32, b o t h i n c lu s iv e , o f $500 e a c h .
I s s u e d J u l y l 9 t , 1885, f i r c o n s t r u c t i o n o f S c h o o l o f
M in e s a t R a p id C ity , N u m b e r s 1 t o 20, b o t h in c l u s iv e ,
o f $5()0 e a c b .
T h e a b o v e -d e s c rib e d B o nds w e re iss u e d b y t b e
T e r r i to r y o f D a k o t a , a n d a r e p a y a b le t o b e a r e r a t
t h e C h e m ic a l N a tio n a l B a n k in tl^ e C ity o f N e w Y o rk .
K IR K G. P H IL L IP S ,
T r e a s u r e r o f S t a t e o f S o u th D a k o ta .

§100,000 Richmond County, N. Y., G. 4s,
100.000 Tow n of Jamaica, N. Y., G. 4s,
100.000 Tilla g e of Jamaica, N.Y,,G.4s,
35.000 Village of Flushing,N.Y.,G.4s,
15.000 City of Philadelphia,Pa.,
15.000 ( ity of Altoona, Pa., 4s,
50.000 C ity of Macon, Ga., 4 ^s ,
25.000 Towns’p of So. Orange,N. J.,5s.

# 1 4 ,0 0 0

5% IMPROVEMENT BONDS.
N o tic e is h e re b y g iv e n t h a t b o n d s o f O n e T h o u ­
s a n d D o lla r * e a c h o f t n e V illa g e o f F a r Ito c k a w a y ,
t o t h e a m o u n t o f F o u r t e e n T h o n m n d I ) >l i a r s ,
h e a r i n g d a t e J u n e 3 0 th , 1897, p a y a b le O n e T h o u s a n d
D o lla rs e a ch y e a r a f te r t h e Issu e th e r e o f u n til th e
w h o l e s u m Is p a id , w ith i n t e r e s t p a y a b le s e m i - a n n u
a ll y a t f iv e p e r c e n t. I s s u e d I n p u r s u a n c e o f law
a u t h o r i z i n g t h e r a is in g o f t h e s u m o f F o u r t e e n
T h o u s a n d D o lla r s , in a n n u a l i n s t a l m e n t s , a s a n e x t r a ­
o r d in a r y e x p e n d it u r e f o r t h e p u r p o s e o f a n d t o b e e x "
p e n d e d in t h e i m p r o v e m e n t , o p e n in g a n d r e p a r a t i o n
o f t h e s t r e e t s a n d a v e n u e s o f t h e V illa g e o f F a r R o c k a w a y . w ill b e s o ld b y t h e T r u s t e e s o f s a id V illa g e , w ith
a c c r u e d I n te r e s t t h e r e o n , t o t h e h i g h e s t b id d e r , a t
p u b l ic s a le a t t h e V i l la , e H a l l, in t h e V illa g e o f F a r
R o c k a w a y . N . Y., o n t h e 2 9 th d a y o f J u n e . 1897, a t
2-30 o ’c lo c k in t h e a f t e r n o o n o f t h a t d a y .
i S a id b o n d s c a n n o t b e l e g a lly s o ld f o r le e s t h a n p a r
a n d a c c r u e d i n te r e s t .
D a te d J u n e 1 8 th . 1897.
BROCKHOLST L . C A R R O L L . P r e s i d e n t .
W A T K I N VV. J O N E S ,
T H O M A S L E IT C H .
8 . B . A L T H A U 3 E . J i t ..
H . G . H K Y 8 0 N , V i lla g e C le rk .

Investment Bonds
FO R

HIGH-GRADE
Stfte, Municipal, County, School

SENT

UPON

N ew Y ork

BONDS.
D E T R O I T R A I L W A Y CO. 5 s .
1 s t M o rt. G o ld , d u e D e c . 1 ,1 9 2 4 .

C H IC A G O & N O R T H W E S T E R N R Y .
N o r i h W e s t e r n U n io n 7s, 1 s t M o r t. G o ld , d u e
J u n e 1 ,1 9 1 7 .
M e n o m in e e E x t e n s i o n 7 s, 1 s t M o r t . G o ld , dpe
J u n e 1, 1911.

L A K E S H O R E & M IC H . S O . R Y .
K a la m a z o o & W h i t e P i g e o n
g u a r ., d u e J a n . 1 ,1 9 4 0 .

5s, 1 s t M o r t . G old*

M A IN E C E N R T A L R Y .
H e r e f o r d I ty . g u a r . 4 s, 1 s t M o rt. d u e M a y 1, 1930.

C IT V O F C H E L S K A , M A S S ., 4 S .

L e g a l I n v e s t m e n t s f o r S a v in g s B a n k s In N e w Y o rk
a n d a ll N e w E n g la n d .

D u e J a n . 1 ,1 9 2 7 .

C I T Y O F F A L L R I V E R , M A S S ., 4 S .
C O U N T Y O F R O lK L A N D , N . Y ., 5 S .

A P P L IC A T IO N

R. L. DAY & CO .
4 0 W a te r S tr e e t, B o s to n .
T N nn»uu S tre e t, N e w Y o rk

'Edward I. R osenield,
H ig h -G ra d e

BA NK ER S,
3 1 N a ssa u S tr e e t,
-

D u e O c t.T , 1927.

C in c in n a ti, O h io .

M E A 1B E K S O P B O S T O N A N D N E W Y O R K
STO CK E X C H A N G E S .

M U N IC IP A L

E. D. SHEPARD & CO.,

l J O > 1 >!S-

New York Savings Banks Rudolph Kleybolte & Co.,
B A N K E R S ,
and Trustees.
N . W . C o r. 3 d & W a ln u t S t s .,
L IS T S

P r ic e s a n d F u ll P a r t i c u la r s on A p p lic a tio n .,

S E C U R IT IE S .

W a rr a n ts * a
W r i t e f o r L is t.

S p e c ia lty

No. GG Broadway, New York.

L IS T S

4 1 a n d 4 3 W a ll S t , an d
4 7 E x c h a n g e P la c e , N . Y* C ity ,
M A IL E D U P O N A P P L I C A T I O N .

W . J. Hayes & Sons,

D u e M a r. 1 ,1 9 0 6 .

V IL L A G E o f F A R R O C K A W A Y , N . Y ., 5S *
( G r e a t e r N e w Y o r k ) , d u e J a n . 1, 1918.
D e s c r ip t iv e l i s t s a n d p r ic e s o n a p p li c a ti o n .

C. H. W H ITE & CO.,
B A N K E R S,
3 1 N A S S A U S T ., N E W Y O R K .

BA NK ER S,

Blodget, Merritt & C o.,

DEALERS IN MUNI CIPAL BONDS,

BANKERS

S t r e e t R a ilw a y B o n d s , a n d o t h e r h ig h - g r a d e in
v e s tm e n ts .
B O S T O N , M A 8 8 .,
C le v e la n d , O h io ,
7 E x c h a n g e P la c e .
3 1 1 - 3 1 3 S u p e r io r S t.

Cable Address, " K E N N E T H .”

16 Congress Street, Boston.
STA TE

C IT Y & R A IL R O A D ROADS.

THE CHRONICLE

124#

INDEX T O S T A T E AND C IT Y

DEPAR TM EN T-CON CLUDED.

X. Y............. . 1057 ! Koscoe 0 m Seh. Dist., O. 969
1 10M PHttmntU*
Plumsx. A. T ...........815. 10H ;
n m
aft
H
e
l
m
s
C
o
., A l a . ....8 1 5 .
015 ; Oabiua. O h io ............ 1105
Mfif
h i -• -<wris»
..068, 1150 j Oaco, Me ____ — .. .. 1058
Maw**.. : - ■ toi« l*s*‘Tiuotsf. X.
s ,•
\ Saginaw, Mich......7 *2 1.1 i OS
&
M m * .. iio* P liie b m Colfax SobSch*y»i Dialrlct, P a .... 7 j Saginaw Union School
am
% 4''»i«ettfs# ... 06&,
. Pa . ...SOI. 015 j; D istrict Mtoh .. ........ 1014
k
-* M i Fittsbum
{ St. Joseph, Mo...816,862,
aftrhi X Y.. . m . lift? FlUaflold, Maas.86.1,015,
tCD. 1105, 11 OS
068.1057, lift?
lift?
Salem, X. J ........ . . ...... 1105
Put*ft.rd,
X.
Y........015,11
&D
X< Y**
PinlufMtl, Conn.., ...060, 1105 Salinas C a t. .. .......724, 1105
m 7 I S f f .1
Pi m m n t Hklge, O.. ......
‘W i Salt Lake City, U tah.... 1 01.«
Sch.
f m i b if
Polk Co., l a . , . . , . ... 815, m i j Salt Lake Co., U tah......1 19 8
.■*.«
Sfe:T; L N, f
Fort Q ttm m . M1m ....... 1051 San Angelo, Tex..... — 1058
IJM i I I itigii
|kadU,llL..1»T, not Port Huron. Mick .1058, 1150 Sand Reach, Mlob.... . 862
SandersvlUe, G a.... 1105. 1151
816,
XUMk im Portland, Me...724.1014,
If. Y,
lift? San Jacinto & Pleasant
01® } Valley Irrigation Dis­
81.5 I Portland. O r® .,-....--...
trict, Cal .. .... ....... 1151
J m m r i i f . H A . . ....... 1013 I Purl Klpiiaond, Union
San Leandro, Cal . . ..... 1105
Free School District,
W te . u tm k ...ftlA IC'11.
862
X. V...... . ........
1014 Sant a Barbara Cal.......
1105, 1107
Santa Monica, Cal.......... 1151
1107 , Portsmouth, Ohio...862,
015,115
1034, UfiO, lift? Sault Ste. Marie. Mich.,
1 1»S
, Fs
U 0 8 ,U 5 1 , 1198
015 Portsmouth. Va...... 76ft.
T*rp., 1, 0,
o*
089.1058, 1150 Sayre. P a .......... ... 80S, 96»
0J& :
d s a fe ® - X v b , ........
lift? i PonahJseeptie. N. Y . . . . .
soft Scotland Co., Mo.... 1014, 1105
Yu
PrOTtdeuda, R. 1..........
960 Scranton. P a ........... ... 810
QgMN>6i* Onioti Free
Panxsutawncf, P a . .915. l u l l Seatt le. Wash.. .724,770, 862
IHulri No 5,
Ilv8
...... Mi I . 9 0 S Pat-In-Bar, O h io ......... 8«2 Sedalia, Mo..................
X. y
. ....... 1198
1150 Putnam, F l a . . . . .............. 060 Si.-vi‘ r
CptfailO.
Sevier Co., U tah---- 770,
969
. »10©* 1*0?
L*.
Shackleford Co., T ex.... 10?.3
015 /'Auootubnry On. Free
0 rm&g«i , X.4....... ......
*61 W 8 c b . D ls . N o . 1 , N .Y . 009 Sharon, Mass...... ..... 725
ibrmXM#, Yv-X.....
105? Queens Co., X, Y .......... 1058 Sharon Springs, X.Y.015, 1014
.
969
Queens, N. Y........... .. 1014 Sherman, Tex... — .....
Otmtaw* independent
1151
mi Quincy, Mass.......... ,816, 06ft Sherwood , 0 .......
Seh. IW tt„ I * . . . . . . . . . . .
Stiver Creek, N. Y ...... .
969
?t*3
lows.. . .. . ...
769 Somerville, Mass— 724,
Wls...... .........
'€Hfjfc«w C Idaho 8»U, 1057
R acine,
sleigh. x .0 ...— ..... 1151 i ft 16. 1058, 1105, 115 % 3193
o r * « r n * y , x . v ... m
Ramsey Co., Minn, ..724.
Somerville, Team.........
960
1 0 I 3 , 1657,
Ransom Co.. N. D....
i o m South Bead, Ind............ 1199
Ravenna Sen. Dls., Neb. 015 j South Carolina............... 1152
M ta l tt M *
769,
1057, 1107 Reading. Mass.........
1058 : South Dakota...
.... 1105
709 i Soul hern Pines, X. C .. 1152
P*k» Alto,Cal ............... 015 Bead inn. P a, .........724,
769 South Hadley Falls,
ma*«. x. j ,........... 1150 Red Lake Co.. Minn......
Mass...........................
862
Pftfc&drna. 0 0
. . . . . . . . 97 1 Remington, lm l... ..069, 1151
Rensselaer Co., N. Y
X^HMleOx, N. J— 1 h<>,
1; 1 5 1 Southington, Conn..816, 969
i
X. J . . . . . . . . .769. 2107 Richmond Co., N. Y..7'0,
South Orange Twp. Seh.
1150
969.
Dist,, N. ,J. ......1152, 1109
Patebecuc. X. 5*.. 1013,
1105
PsoicUair Co., O h io ...... 764 Richmond Hiil.N. Y.724,
South Park. Ill
.......
862
862, 016, 1058, 1151 South Portland, Me.
MS i
. 1152
r*m ticket, K. 1.............
Ridgeway
&
Shelby
Un.
Southport
School Dis­
Feeiw af,Mas* . . . . ......
No. 12 X. Y.,
J M b a m M suiur, X . Y.7«ft,
trict No. 4, X, Y... 916, 1014
ss Free S. D.770,
1147
915, 1105, 1151 Spartanburg School Dis­
Pmmrl vaatau....... .
815 Rockbridge Co., Va....... 1058
Pem&aiseit, X. J . . . .
trict. S. C.......... .......... 862
Rockland. Me.
1161 Spokane, Wash
..770, 1014
P f t x m u k c n Twp Sch.
Dt*t*»
........... lift? Rock port. Me.......
915 Springfield* O .725, 1105, UPS
’lacks* H irer Special 8 e h .
P e ril* a m tN O f .X .J — . . i m
Spring-vllle. N. Y. ....... 802
864,
Diet., Ohio.
PfciiwMphi*. Pa.. . . . m
915 St.aunt on, Va.. .817,1058, 1152
7 ^ .0 1 1 ,0 6 5 , 1102, 11 7 Romeo,Mich..
1014 Stockton, X .J ..969,1105, 1152

!

I

1

o

, o

rp a m a q u a . P a ....... . . . . . .
J . a r r y t o w n U n io n F r e e
Sob. D U . N o .l .N . Y ...
T a u n t o n . M a s s ........... 970,
T a y l o r , P a . . . . ..............
T e e u r a s e k . O . T ......
770
T e n n e s s e e ........................
T h o m a s t o n , G a . . . . . . ..
T h o m a s v H le ,G f t. ..1 1 0 5 ,
T i m m o n s v il le , S. C ..........
T i v e r t o n . R . I . . . . . . . 970,
T o le d o . O ........... .......... 1106,
T o m p k in s v lU e , N . Y -----T onaw auda. X. Y ... .. .. .
T o n a w a n d a U n io n F r e e
S c h , D is t. N o . 3, N . Y .
T o t t e n vllle* X . Y ...........
T r in i d a d , C o l................771*
i r o p l e o S c h . D is t., C a l ..
T y r o n e , P a . . — ...............

V

XXJ a b a s h , I n d ........1058,
v * a b a u n s e e C o .. K a n . 1
W a ll in g f o r d C e n t r a l S c h .
D is t,, C o n n . . ....................
W a lt h a m , M a s s .8 0 3 ,9 1 6 ,
1015,
W a r r e n C o ., O h i o . . . . . . . .
W a r r e n , M a s s ..................... 1
W a r r e n , O .............................
W a r r e n S c h . D i s t,, O h io .
W a s c o C o. S c h . D ist-. N o .
1A O r e .
.,. ,8 6 3 ,
W a s h i n g t o n C o u n ty . G a .
W a sh in g to n , P * . » t 6 ,

1152
107

W a sh in g to n T w p , O ....
W a t e r f o r d . N . Y ..............
W a t e r f o r d T Jo io n F r e e
S c h , D i s t . N o . 1. N . Y „
916,

Jlftft
S63

Farson, Leach & Co.,
C H IC A G O ,

NEW

11.3 D e a rb o rn St*

Y O RK ,

2 W a ll S t.

P r i c e a n d p a r t i c u l a r s u p o n a p p li c a ti o n .

BA N K ERS.
B O S T O N ; W o r t h i n g to n B ld g .. 3 1 S t a t e S t.
C H IC A G O ; 1 7 1 L a S a lle S t

N. W. HARRIS & CO.,
BANKERS,

3 1 N A S S A U S T . ( B a n k o f C o m m e r c e B ld g .) ,

and

Municipal Bonds,

BANKERS
DEALERS IX

IN V E S T M E N T BONDS,
Siemher* o f Boston Stock Exchange.

O FFER ;
T Ia s s a c h ’ts , 3 s? & 3 k « , C le v e la n d 4 s ,
N ew Y o rk 3s,
. C h i c a g o 4 a,
N ew Y o r k C i t y 3 ^ s * K a n s a s C i t y , M o ,4 3 ^ 8 ,
N e w b u r g h 3*68,
Q u i n c y , 1 1 1 ., 4 & s ,
C a m b rid g e l s ,
P o r t l a n d , O r e ., 5 s .

Xo. 7 Congress and <11 State Streets,

E. H. RO LLINS & SONS,
m il k

.

street

.

1153
1058
1103
72 5

1200 •
771

1153

1059
1106
970
1100
863'
817
120G'
1015

1153
1200
1058

W ild w o o d , N , J .................

970

1 0 1 5 ,1 1 0 6 .3 1 5 3 ,
W in n e b a g o C i ty S c h o o l
D i s tr i c t , M in n .. . . 725,

1200

Wilkes Barre, Pa 9 1 6 H O G
Wilmington, D el— 971,
W7inthrop. Mass.............
Wolfboro, N, H ..............
Wood Co.. O h io ......771,

725

W o o n s o c k e t, 1058
R . I . .. .771,
8 6 3 ,1 1 0 7 .
W o r c e s te r , M a s s .. .1015,

863
1OS
1058
1151

1200*

1200
1053
817
1153

1058,1153, 1200
W yandot Co„ Ohio 971,
1058, 1153

1015
1015
^

eadon, P a .........771, 817
Y oukers,
N. Y....1015, 1153
York City School Dis­
trict, P a .... .1016,1058, 1107
York Co., Me..................
917
York, P a .................
817
Youngstown, 0.725, 971,
1107, 120 0

070

1897.

IN T H E C IT Y OF NEW Y O R K .
A l l p o li c ie s n o w is s u e d b y t h is C o m p a n y
c o n ta in th e f o ll o w i n g c la u s e s ;
“ A f t e r o n e y e a r fro m t h e d a t e o i issu e*
th e l i a b i l i t y o l th e C o m p a n y u n d e r t h i s
p o lic y s h a l l n o t b e d is p u t e d .”
“ T h is p o lic y c o n t a in s n o r e s t r ic t io n
w h a t e v e r u p o n th e in s u r e d , In r e s p e c t
e i t h e r o f t r a v e l, r e s id e n c e o r o c c u p a tio n .”
A ll D e a t h C la im s p a id W I T H O U T D I S ­
C O U N T a s s o o n a s s a t is f a c t o r y p r o o fs h a v e
b e e n r e c e iv e d .
A c t i v e a n d S u c c e s s f u l A g e n t s , w i s h i n g to
re p re se n t th is C o m p a n y , m a y c o m m u n i­
c a te w i t h th e P r e s i d e n t , a t th e H o m e ■
,
O ffice, 2 6 1 B r o a d w a y , N e w F orte.
OFFICERS;

G EO RG E H . B U R F O R D ....... .

.P r e sid e n t

0 . P . F R A L E 1 G H ................................................. . S e c r e ta r y
A . W H E E L W R I G H T ................. . . A s s i s t a n t S e c r e t a r y
W I L L I A M T . S T A N D E N ...................
....A c tu a r y
A R T H U R C. P E R R Y . . .....................
....C a s h ie r
J O H N P . M U N N ...............
.................M e d ic a l D i r e c t o r

FINANCE COMMITTEE J
G E O . G . W IL L I A M S . .. .. .. .. P r e s . C h em . N a t, B a n k
J O H N J , T U C K E R . . . . . ..................................... . . . . B u i l d e r
K. H . P E R K I N S , J R ., P r e s . I m p . & T r a d e r s ’ N a t . B k
J A M E S IL P L U M . ........ ............................... .............D e a t h s *

g n g it u e e r s .

F.

J.

Picard,

C O N S U L T I N G

BONDS.

P r ic e a a d l* i* r tlc a l« r « o n A p p H c n tlo n .

.

1190
971
1200
863

The United States Life
Insurance Co.

GOVERNMENT,
MUNICIPAL,
STREET RAILWAY,

City of Newark, N. J., 4s,
Hudson County, N. J., Gold 4s.

10

1015
817
1106
863

E D W A R D C. J O N E S CO.

BOSTON.

HOOTOS,

1068,

West Be** Moines School
D i s tr i c t , l a .......................
Westerly, R. I ...... 1053,
W estfield. Conn.. . . . . . . . .
Westfield, X .J ...............
West field, N. Y...... . . . .
W est Mans Held. Ohio....
Westmoreland Co., P a ..
West Point, Miss . . . ....
West Springfield, Mass .
Wheeling W, V a .........
whitedeid, N. H ..........
W h it e P l a i n s S c h o o l D istrict, N. Y .....................
Whiteside Co. Sch. Twp.
No. IT, DL........ .*.1058,
W h it e s t o n e , N . Y . .1015,
105S, 1353,
White Sulphur Springs,
M ont...
. 771,817*

1850.

M ASON, LEW IS & CO .,

ADAMS & COMPANY, Government

Waterloo, I o w a .
Waterloo, N. Y .. . . . ......
Walert own, x . Y.. . . . . . .
Waterville, Me .. ..771,
Water vllle, Minn.. . 1015,
w
1153,
Wausau, Wis..................
Wauaeon, Ohio.......916,
D7e,
Wayne Co,, III ....... ,
West Alexandria, O.,
970,
Westchester Co., N. Y„
1016.
W estCbester, P a... 1015,

M IS C ELLA N EO U S .

D U E 1 0 -2 0 A N D 2 0 -3 9 Y E A R S .

P R I C E ON A P P L I C A T I O N .

863
1162
1109
970
916

1106
1152
617
1106
1106

f e ta te s C o n g r e s s .
P o p u l a ti o n , 200,600. A s s e s s e d
v a lu e . $41,140.S t 2. D e b t l e s s t h a n 3 p e r c e n t . W e
r e g a r d e q u a ll y s t r o n g a s b o n d s o f t h e G o v e r n m e n t .

Los Angeles, Calif., 4s.

770
817
U 9>
817
3015
1190
863
1058

a n W e r t C o., 0 ..............
e r n o n , I n d ........ . . . . .
V ic k s b u rg . M ic h ................
V i e to r , C o l.............................
V i n c e n n e s , I n d ........ 1058,

o

C IT Y O F

725
1190
863

O

Territory of New Mexico 5s,

o

1199

n i o n C o ., N . J . .............
916
n io n . S. C . . . . . . . . . 7 7 1 , 1053
U n io n 'v llle . M o .................... 1H H
U tic a , N . Y ........... .,7 7 1 , 8 l 7

5155,000

NEW LOAN
tc

S to n o h a m , M a s - .......... . . . . . 1152
SuJTolk C o .. X . V . . . . . . . . . 1190
S u m m e r v il le , G a . . . . .
724
S u m m it, N . J ......... 1105, 1 1 ' 2
S u p e r io r , W ls ................... 1053
S y r a c u s e , N , Y . . 7 7 0 ,9 1 6 ,
9 6 9 , 1 0 1 4 , 1105

IN V ESTM EN TS.

IN VESTM EN TS.

i*

[V ol . LX1V,

,2 1

CHESTNUT STREET.
PHILADELPHIA.

E N G I N E E R

COLUMBUS, OHIO.

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Examinations and Reports Made for
Bankers and Investors of Railroad, Coal
Mining, Oil and Electric Properties-

.

RK Y BRESO BS

.

M A 8P.

SEN T.

WHANN & SCHLESING-ER

Jos. O. Osgood,

M U N IC IP A L

1 3 0 B R O A D W A Y , NEW Y O R K .

M . A M . SO C . C. ID.,

bafb in v e st m e n t s.
IIE JI1 I F O B

L IS T

BONDS.

C i t y a n d C o u n t y B o n d s.
D rE T Z , D ENISON & PRIOR,
S3

(

»TH FK T.

-

BOOTOB.

l o t I t n i t w t t l t M . C l.T .ln n d

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REPORTS ON INVESTMENT PROPERTIES.
Railroad Location and Construction.

A
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