Full text of Commercial and Financial Chronicle : June 29, 1901, Vol. 72, No. 1879

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

1

.

I
1.

5

1

1

,

ptmnrial

nwmx

rnnid

Supplement

Quotation

5treet.Kailwai|<Supplement

(Monthly)

Investors Supplement (Qiartedy)

State and'Ci^

(Sntered aooordlns to Aot ot OongreaB, In the year 1900, by the

YOL.

Supplement ^^aaAiMnisii^

Wiujui B. DAJfi. Oompant, In the office ot the Librarian of Oon^esi.]

SATURDAY. JUNE

72.

NO. 1879.

29, 1901.

Week endina June
1901.

PUBLISHED WEEKLY.
Terms of Subscription— Payable in Adranee:
For One Year
$10 00
600
For Six Months
13 00
European Subscription (Inoludlne postage)
(Including
postage)
Enropean Subscription Six MontEs
7 60
M2 148.
Annual Subsorlptlon In London (Inoladlng postage)
do.
41 lis.
SlzMos.
do.
do.
Above subscription Includes—
Btbbet RiaLWAT SirPFLaMBirr
Thb Quotation hufpuimbnt
STATE AOT) OiTT BUPrLEMBNT
THB IKTK8TOH8' SUrTLBKBNT
Terms 6t AdTertising—{Per Incli Space.)
Transient matter
$4 20 Three Months (13 times) .$29 00
" ).. 50 00
STANDING BUSINESS OABDS.
Blx Months
(26
" ).. 87 00
Two Months
(8 times) . 22 00 Twelve Months (52
|

.

&

Messrs. Edwabds
Skith, 1 Drapers' Gardens, E. O., will takesubaorlpttons and advertisements, and supply single copies of the paper
at Is. each.

Ptne

B.

DANA CORIPAN¥,

Street,

181.906,44

Publlsliere,

NEW TOBK.

CLEARING ROUSE RETURNS.

6,118000

BoBton

Loan

New

Orleani

Seven oltles, B days
Other oltles, 6 days
Total

all oltles,

6 days. . .

all oltles

for week.

+69-8
+86-5
4 88-

7.3.067.1

M

+aso

15 710.763
180,630.133

-2-9
+38-8
+e-4

a0.8OO.8GO

eM9.&17

1063,687

-|-23'8

1,106.6801

-fsou

66l,6f«

-I-B8-2

816,868
588.140
808.014
882,469

67B,7ie,

+486

6it4.00

«tl6,100

643,106
805.100
878,811

+7-e
+M0-6

+ 2i4

484.406
418.067
200.000

701.229
482.007

147.084,048

llb.ObO.OOt

+84-1

ie4.c>iS.8»e

106,611.000

ChlcaKO...
Clnolnnatl
Detroit

140.766,658
21.611,000
10.0-«.88<

132 543 685

+18-0

123.714.411
19,217,600

88,687,701

Cleveland

U.6»7.bl7

Portland
Fall River

Lowell
New Bedford.

Holvoke
Total

New

Eng.

Indianapolis

4 016 075

Peoria
Toledo

3.308.612
1,921,401
1JI82,7S9
1,109,978
986,680
520,803
411,305

Qrand Raplda
Dayton

YonnKBtown
SprlnirtJeld, III....

Lexlnitton

461587

Akron
Kalamasoo

684 000
4S7.728

Rookford

82>»,0>-4

Bprlngfleld, Ohio.

819.231
887.687
180,686

-la^'t*

|l,8t3.3»a,46U
380.801,137

$1,880,682,663
807.437,934

+27-8

t8,18l».S»7.8»6

11,518.050.107

+44

+-i7-e

the week covered by the above will be
given next Saturday.
We cannot furnish them to-day,
clearings being made up by the clearing houses at noon on
Saturday, and hence in the above the last day of the week
has to be in all cases estimated, as we go to press Friday

The

full details for

night.
detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, June 22, and the results for the corresponding week in 1900, 1899 and 1898 are also given. Contrasted
with the week of 1900 the total for the whole coiuitry shows
a gain of 63 -5 per cent. Outside of New York the increase
over 1900 is 21 '9 per cent.
Week ending Jwie

Portland

at—

Spokane
Tacoma.
Helena

1000.

f

New York

687,868, ,»66

Philadelphia
Pittsburg

187.TtM 668
48.0 8 886
24S«e 103

Baltimore

6086 n2a

Buffalo

WashlnKton
Albaay
Roobeater
Byraouse
Boranton

WUmlnKton
jSlnKhamton
Chester
Greeusbnrg
Wheollng, W. Va..
Total Middle..

.

'i

'.

843,»6a.26«
01.l56.ai0
8l,6TT.7«e
a8.778.Bl1ii

1800.

1001.

1898.

Cent.

+94-4

+38

7

4416

+ro

4.710.414

+88 b

2,84t 430
8.107 184
8.i«,8A4
1976 670
1.686,HSx
1.419, ote
i,aiii.6(«
1,418. les
i.iie,wo?
018 ,389
0M.00b
8 8 MO
400 30C
SHO 094
888.871
448 000
4oa,«a«
617, 86b Not Include
867.101.836 1.009 211.519

+81-0

046.780.538
ei,4"0 707
28.770.3 U>
10.184,778

+866
-j-178
-I-181

+87

l,878.88r
8,661 aie
8.U0.1'J2
l.t9i.96V
l,0l*8.8fH

1,148 00.4

-2

6

-23

OMSIb

1

367,400
860.000

-10'«

6K5,a«(» 897

Ooomeofl
2l.810.F60
16 483 746
S.B80 567
1

084 0J7

1 648.2'13

1,179 868
007,000
604 107
34^,^00

,

Omaha

Paul

Denver
Joseph
Des Moines
Davenports
Bloui City
St.

+8l"o'l,100.1.17M88

7,1678.476:

+15
+18

4

9.529 095

t

b.bHt.O-iO
4.201. IOC

+17-2

17 027.166'

+1!6 7
+17-fc

3.81i!.U4
1.831.0961

T

2l41.eii

7

+33'8

1,048.874
966,011"
eei.Otol

-^70•v

200,808

+18

4i7,iafcl

88-1.706

SSd 2u2
8«d,50C

874 888

4

+3.

8

+81T
-MO 8
+10 1

1.868.180
2,880 250
8,860,118
91S,8S8
1,100.977
681.109
335,006,

New

2

178,081.624

144,618 636

-1-18 6

15.602.611
2.378.B55

18 243111
1 636,106

1,«20.16('

l.!!20.6J8

1.683.771

1.180.111

1,188.933
1,101 847
8.8.276

701,835
107.13J
250.086
186 386

5&8.804
205.080
88 664

7

In tot di.

+16

+5'7

+16
—"«6

86,678,880

14,912 966
0,079,720
6.808.46b
4.706 806
4.300.086
4,eC6 602
1,618.616
878.684

18.216 803'
12.480.750
6.180.3471

+1;
-21

4 811.62W
4,174.018

-I
-H
-I
+81
-<

48 032 092
9 373 011

LonlsTllle

Qalveston

,

Hoaston
Savannah
Rlohmond
Memphis

780,181''

30.763,816!
7,018 666

6.480.030;

+44 6

6.132.110
2.151.900
8.360 000
1.602.763
8.081.705

Augusta
Knorvllle
Fort Worth

l,081.rt7i

OnUldeN.Tork..

81.43P.705

-HJBl

+30

JaeksonvUle.
Total Southern...
Total all

'

a4HI,784

+11-5

Ronk

27,661.806

86.800.261

6,9813/5

2.050.216

Chattanooga

41. 837. 768

6.869.861
2 611.260
2,881,711
1,803 178
8 686 959;
1.683 oee
1.381.430
1,060.746
1 a63.oe>
8:6 9 JS
60^ 867

8 65S 838

6
1

l.tOilST,

+aj-8

1,883 811
1.083 0-!i
549 806
688,317
895.7^6'

+•.0

76^083,

810,011;

al.

4
+28-I*

8,8-<e,884

655,000

750,124
73P.612
181,811
447.148
60.409

8.146.500

8,101.862
8,718.000
4.023.n81

8,684,171
1.817,196
1,869.01b
1,870,886
758, W68

NorloU

4,12ilS3
8.1bl387
8.0811S9
1,113 768

b.SOdSOS

-12

Nashville.

10.7b5 881
10.631.758
6,166 0C9
6.261,708

6

8,8W03v

,

4 029,728'
8.606 8l8
3,815,478
1,181,426
801,800:
811,004
618.8S<!
478.102
122.C02

+1
+2^
+:

8,01i,tl4e

Atlanta

i

10,186,778

+

+88
^8

610 864

11.681.8161

8,773. IBS

,

1.7il6,3»0

12>!67)i

830.187
1,065,181

ii:88,ei4

161.166
aia,es8

80,807,121;

078,666

Orleans

I

K07,800
SC6.134

388.82C
2i7.70:
118.087

+26

34.006.853!

1,261,1!HS

888668

400.161;
S08.81fc]

+118

aO73 09«

5,064.031

7.64».78«
4.769.704
3.863.100
2.785 688
1.1W4 1U
1.713 738
860,223
767.608
763.7^8

+111
:

i

18,181100
6,031800

-12
+15
-8

478.606
48j,830
Wichita
-K
161.80a
12.S.O80
Fremont.
disconti'nued.
Clearing ho use
Hastings
tot
a
in
include
7ciO
Nut
1.010.
Colorado Springs..
-80
t0.514.216l
48,093.606
Tot. other West.

1

+6*6
+86-e
+8-1
+20'»
+6-5

l,17'i.6C8

081,800
723.148
000 6C0
6!jl.203

880.18>^

416 713
878 S05

608 6SC

111105

871.000
13J.0O0
+18
646.000
668.000
885.0iS
+87-1
£46 318
4S8 2m
688.046
287 63«
886 310,
408.72 J
+10
410.680
MS 650:
177,061
242.63:V
-t-62j
368 991
61U02 83O
""8872 58StS» ""66,181866;' "+2»"0
61.716 690
+68 6 1,588 4^.665 1.188.770.090
1.400.583.165 1.468,408,887

768,165,110

686,846,019

18 531051
18.253 081

16 861076
9.070 38J
a,8«a 051

+21'8

616 788.188

174.480 823

15.489 473
010 681

13.S76 035

CAVADA—
Montreal
Toronto
Winnipeg

1,878 IIP
1.6<12 818

Halifax

John

1,860.000

e^.ooe

Hamilton
St.

,

Vancouver
Quebec
76i.007.OS0

+80t

-0-i

ie4.0<!4,0!»l

1,116,59

Topeka

000

+28-,

-5-2
—0-6

Not Include d

1032ie

Minneapolis

Victoria

+100
In tot a1.

308,287,

7^7.678
837,7*6

Fargo
Sioux Falls
Total Paolflc.

Little
1001.

886 400.878

-(-67

-6*8

180,891
200,000
208 686
180,000

2,781,256
2 831.hli
1.040 040
1.08».96l

Birmingham
Maeon

32.

2k*8.47b
3:37.101

4,E>«7.19*
l,0t>7.0b0

Seattle

St.

15,5^8.060
7.957.751
12.616.010
5,505.418
6.041.eOO
3,170.176
1.878,487
8.20 1, 80b
1,108,437
i.isa.soi
787.768
801.011!
378,553'
862.181
468.700
89d,8i4

188.f5d
200.000
76,6^1

6,7«>5

8,160.018
1,470,046
1,180,674
1,167,704
1.460,45b

i

180,S8t«

19,181 206

City.

St. liOals

We present below our usual

Olearing$

Lake

8.IS14.810
l,206.0«-8:

6.510,278
7.086,100

Kansas City

•1,018.316,300
183.40T.288

$l,577,43l.8«4
887 938.616

All oltles, 1 day

Total

P. Cent

1700,618,435
86.498,818

02.531,097
4 761,100
2.038,082
1.878.806
1.887,740
1.286 667
1.816.774

1,636,869
1,238,080

Los Angeles...

Pblladelphla
Baltimore
ChlOARO
St.

1900.

1901.

130,763.811

+8 7
+ 66

1.811. Oaf«

San Francisco.

Il,19;.638,»76
109.918.941
8*.e66.084
20.104,817
117,189,188
84,809.433
7.aOT,018

+26

101.684.840
6,800.000

Worcester

Salt

New York

1898.

Sprlu^Oeld

Canton
The following table, made up by telegraph, etc., indicates Jacksonville,
111..
that the total bank clearings of all the clearing houses of Qulncy
Bloomin^ton.
the United States for the week ending to-day, June 29, Jackson
Ann Arbor
have been $3,185,557,896, against $2,400,533,465 last week and
Tot. Mid. West'n
$1,518,050,497 the corresponding week last year.
Oiearingt—Return$ by TeUfraph.
Week Ending June ZO

1899.

8,300,816
1.870.858

Bvansvllle

Corner of Pearl Street,

POST Offiob Box 968.

1901.

,

Providence...
Hartford
New Haven...

Milwaukee
Columbus

London Agents:

1900.

P. Cent,

Boston

|

.

23.

at—

Olearingi

WILLIAn

(^Annual//}'

Tf>f»l '^•nurto

76S,515
618 120
664 316
l.lHl.uiT
87.a7H.M>.rt

8i2.5sa
73«.6"b
716.040
776.082

N«t

In clude

88.081 6^6

+18

S

+22-0

-20

7

+9t>*2
ii 7

—

+8 5
-101
+24 1

1,&05.81(
1,833.0
1

719 loe
001 40S
436 8111
704 867

d i n tot aU
+18-0
80,'>01.M>8'

8 185 6Se
1.616 168
1,115 861
641 oei
617,418

9^.008 676

—
THE CHRONICLR

1256

number

of our

:ment, revised to date,
day.

The

is

Street Kailway Supplesent to our

subscribers to-

editorial discussions in the

embrace the

folio wing topics

LXXa,

fairs in Germany, which has been in progress for
some time, has not yet come to an end. This

STREET RAILWAY SUPPLEMENT.
A new

[Vol.

country's

interest

the

in

in

the

matter, of course, lies
these disturbances
abroad

that

effect

Supplement may have on the European money markets and the
consequent demand upon us for gold. On that score

TWO OR FOUR-MOTOR CARS?

there appears manifestly

THE GANZ SYSTEM.
IMPRESSIONS BY THE WAY.
MERIT SYSTEM OF TERRE HAUTE ELECTRIC

In contemplating the possibility of a further drain of
gold, the reassuring feature obviously is the favorable

little

cause for uneasiness.

state of the country's foreign trade. In addition to the

CO.

extraordinarily large balance which has already accrued
in the country's favor on the merchandise

THE FINANCIAL SITUATION.

movements

and from the outside world, further large balances
There have been a number of untoward develop- are being piled up from day to day. This gives us unments this week. As a result the Stock Exchange usual command over the international gold currents,
markets have been somewhat irregular prices being so that the flow of the metal hither and thither is made
severely depressed on one or two occasions, then be- unusually responsive to current money market concoming unsettled, and finally closing strong. The ditions. High money rates here, it has been proven over
adverse happenings have not been of a nature to give and over again, quickly weaken exchange, arresting the
grounds for uneasiness as to the future. Nothing in- gold outflow, and if long enough continued would
herently unsound in the situation as a whole has been undoubtedly stimulate a return flow of the metal.
to

—

disclosed, while the intrinsic

merits underlying the

present basis of security values remain wholly un-

As

affected.

usually happens on such occasions, early

accounts are found to have been much exaggerated.
It is not strange, therefore, that the close of the week
sees confidence entirely unimpaired.
The disturbing event Monday was the news concerning the floods and cloudburst Saturday night and
Sunday in the Pocahontas Flat Top Coal region along
the line of the Norfolk & Western. First reports
suggested a calamity of great magnitude the loss of
500 to 1,000 lives, the destruction of property values
running into millions, immense damage to the railroad lines paasing through the district, and the
for
probable cutting off
a long time of coal
supplies from the mines in the afflicted dis-

—

trict.

The

fact

that

telegraphic communication

with the flooded sections was cut off gave apparent support to the most extreme statements, as also
did the action of the Governor of West Virginia in
appealing for aid to the citizens of West Virginia.
But fortunately each day has presented the matter in
a more encouraging light, and now the estimates of
the deaths run no higher than 50 to 75, while the
property loss is put at a few hundred thousand dollars.
On the 26th Governor White made the reassuring announcement that there was no distress which could
not be provided for by the home people, and that
hence there was no need for outside help of any kind.
Of course the Norfolk & Western has suffered considerable

damage

to its track

and

rolling stock (possi-

bly to the extent of $200,000), but the line through

the district will be open again by Saturday, and then
coal shipments (which have only partially been inter-

rupted) will be resumed to their full extent.

The

cost of repairs to rolling stock, track, etc., will

be

The

existence of this safeguard should relieve fears of

possible

adverse

of financial

the same

effects

disturbances

time

offers

here from a continuance
abroad, and it also at

assurance

against

monetary

New

York. That money rates should
temporarily have touched high figures at this centre
the present week cannot have caused surprise. Such
an outcome was inevitable considering the shock occasioned by the embarrassment of the Seventh National Bank, added to the fact that the Clearing
House return of last Saturday showed a surplus reserve of only $6,611,350, and the further fact that at
this season the call for money in view of the preparations for the 1st of July interest and dividend payments is always urgent. When these 1st of July payments have been made, some relief should be experi-

stringency in

enced.

The Seventh National Bank

was disturbing
mainly because of the fear and distrust which it engendered for a time. The embarrassment became
known Tuesday. There was naturally considerable
anxiety to learn the cause of the trouble whether it
was due to conditions special to this bank or whether
failure

—

it

reflected

a state of things indicative of general

There were vague rumors and insinuaother institutions besides the Seventh
tions
National were in trouble, but the event has
proved that these assertions were baseless, all the
banks meeting their obligations at the Clearing House
from day to day. The result of course has been to
relieve the tension existing early in the week and to
It is also obvious that the emrestore confidence.
barrassment of the Seventh National constitutes a
does not indicate any
all
It
by itself.
case
general unsoundness among the banks. The Seventh
went down because it extended too much indulgence
That is a weakness not at all
to one of its patrons.
weakness.

that

distributed over many months, and hence the item is
not likely to be much of a factor in the results for prevalent among New York banks. In matters of
any one month. Thus the dread and uncertainty that kind they are apt to have an eye single to the inarising out of this occurrence, which early in the terests of the bank, not only in the original making
week loomed up so portentously, have been entirely of the loan, but in guarding it, so that the collateral
removed.
securing it shall not become impaired. At the time of
The other unfavorable events have been the sus- the May panic for example it was charged that many of
pension of the Seventh National Bank of this city, our New York banks had not been indulgent enough
the failure of the Leipziger Bank of Berlin, and the
that to avoid the possibility of loss on their loans

—

As they sold out the collateral without much regard, in,
it is many instances, to the interests of their customers.
and industrial af- We mention this simply to emphasize our point. Un-

development of a close money market here.
far as the bank failure in Berlin is concerned,
evidence that the

crisis in financial

THE CHKONICLE.

JtTNE 29, 1901.]

der such circumstances there can be no doubt that companies or by new companies closely
And when this is the older organizations.
this week's failure is sui generis.
Baid all occasion for anxiety

is,

1257
affiliated

with

of course, dispelled.

As noted above, an event of the week was the anone
per
cent
nouncement
on Tuesday morning that the Seventh Naon
The
the common stock of the Pittsburg Cincinnati Chi- tional had been unable promptly to pay its debit balcago & St. Louis is in line with the action of other ance of $983,000 at the Clearing House. Consequently
large companies in making new or enlarged dividend the clearings were delayed, and while efforts were made
distributions, but the action in this case derives ad- by the bank to obtain the required amount of money,
ditional interest from the fact that the shareholders disquieting rumors became current affecting another
of the road, popularly known as the Pan Handle, have bank and one of the trust companies.
The Clearing
long been clamoring for a return on their shares, House Committee promptly convened, the officers
and a few years ago brought suit to com- and prominent d irectors of the bank were summoned,
pel payment.
The Pan Handle is one of the and by 2:45 the money had been procured, the
companies through which the Pennsylvania's lines debit balance of the bank was paid, and the setwest of Pittsburg are operated, and the charge tlements of balances with other banks, which
against the management was that earnings that might had been delayed by the trouble, were effected.
be employed in paying dividends on the two classes of William H. Kimball, the President of the Seventh
shares were being used in making improvements and National B»nk, resigned, and the vacancy was promptbetterments. This was tantamount to saying that ly filled by the election of Edward R. Thomas, a son
the property was being administered in accordance of General Samuel Thomas, one of the largest stockwith Pennsylvania standards. To the disinterested holders of the bank. It was officially stated that the
outsider it appeared that the effect of such a policy bank's embarrassment was caused by heavy checking
must be beneficial in the long run, even though it by some of the large customers of the bank, and the
might be a hardship for the shareholders to be com- fact that very heavy loans had been made to Henry
pelled to go without a return for the time be- Marquand & Co. on collateral not readily available.
ing.
Kecent events go to prove the correct- The bank cleared as usual on "Wednesday, but on
ness of this view.
The company had been pay- Thursday morning it was closed by order of the
ing dividends on the preferred shares off and on, Comptroller of the Currency. Yesterday (Friday)
but the last two years has been giving these preferred Henry Marquand & Co. made an assignment.
shareholders the full 4 per cent to which they are entitled as a first preference.
Now dividends are begun
There was no change in the official rates of dison the common stock; while the initial payment is to count by any of the European banks this week. The
be only 1 per cent, it should be observed that this is the Bank of Bombay and the Bank of Bengal, however,
first distribution on these shares since the organization reduced their official rates from 6 per cent to 4 per
of the company in 1890.
The property is undoubt- cent. The incident of the week in Continental finanedly doing well. The outstanding amount of the cial circles was the suspension on Tuesday of the
common stock is $24,740,857. The report for the Leipziger Bank of Leipzig, Germany, with liabilities
calendar year 1900 showed a surplus of $547,743 over of 85 to 90 million marks. The suspension was said
the 4 per cent dividends on the preferred stock in to be directly due to the failure of the Dresdener
other words, showed somewhat over two per cent Credit Anstalt and to the bank's close connection
earned on the common stock, and this too after with the Oassel Treber-Trocknung Co., which susexceptional outlays amounting to over nine hundred pended.
The news of the failure of the Leipziger
thousand dollars. For the five months of the current Bank caused a panicky fall in bank shares at Berlin
declaration of a dividend

of

—

fiscal

year to

May

31

the company reports

a profit

above interest and rentals exceeding by $391,213 the
similar profit for the corresponding five months of

and Frankfort.

last year.

The feature of last week's statement of the New
York Associated Banks was a further reduction in

New

the surplus reserve by $2,170,775, which carried this
item to $6,611,350, or within $793,375 of the lowest

being prosecuted
steam roads
The "Eailroad Gazette" of this city

railroad construction

on a conservative

is still

The cash was reduced $2,508,300, there
being a loss of $3,856,500 specie, reflecting the exhas made up the record for the first six months ports of gold to Europe, and a gain of $1,348,200 in
of the current calendar year and finds that a legal tenders.
The loans were increased $1,811,400
The delittle less than two thousand miles of new track has and the deposits were reduced $1,350,100.
been laid during these six months in exact figures, tailed report of the banks showed that there was a net
are concerned.

scale, at least as far as

of the year.

—

Later returns, our contemporary thinks, increase of $668,400 in loans by ten banks, r«» comwill add somewhat to this total.
During the first six pared with a gain of $1,811,400 by all the banKs, a
months of last year the new construction, according net decrease by these ten banks of $2,017,to the revised returns, was 2,110 miles.
Neither re- 900 in specie, as compared with a decrease by
sult can be considered excessive, especially when all banks of
$3,856,500; a net increase by these
location
the
of
the
mileage
considered. banks of $848,000 in legal tenders as compared
is
Most of the new track is in the
South with a gain by all the banks of $1,348,200, and a net
1,967 miles.

not an over-sup- loss of $620,600 in deposits by the ten banks as comIt
ply of railroad facilities. Thus Texas shows 245 miles pared with a decrease for all banks of $1,350,100.
including
sixbanks,
of new track, Oklahoma 242 miles, Arkansas 133 is noteworthy that twenty-five
miles, Colorado 102 miles, Georgia 144 miles and teen national institutions, were, as appeared by the
Louisiana 103 miles. The " Gazette " also points out Clearing House statement, below the limit of '^S per
that as a rule the building has been either by the older cent of cash reserve to deposits, while nineteen banks

and Southwest, where

as yet there

is

THE CHRONICLE.

1258

held from 25 to 25 9 per cent of reserve, making fortyfour banks out of the sixty-two in the Association with
reserves seemingly insuflScient to meet important
emergencies. It should be observed, however, that
the above-noted computation of percentages is made
not upon the sworn statements of the banks, but

npon the weekly returns

to the Clearing House,

and

that the banks in these statements seek to make their
deposits as large as possible. Hence, though the
banks might appear to be deficient in reserve, accord-

ing to Clearing House figures, they might not really
prove to be deficient if the calculation of percentages
should be made upon statements of actual condition.

Arrivals of gold at Seattle from the

Yukon

fields

have been reported during the week, and arrangements
have been made by the Treasury Department for the
cashing at the New York Sub-Treasury of Assay Office
checks drawn at[Seattle and at San Francisco against
Parchases of redeemable bonds by the
this gold.
Treasury Department have amounted during the week
at the New York Sub-Treasury to $722,151 04, making
the amount thus far'paid at this office $12,840,924 57.
The Sioux City & Pacific Railroad was sold by auction
at Washington on Saturday last under the second
mortgage held by the Government, and it was bought
by the Chicago h North "Western Railroad Co., which
paid about $1,800,000 for it. This money was deposited in the New York Sub-Treasury this week.

[Vol. UOLll.

the week and held £38,416,548 at the close of the
week. Our correspondent further advises us that the
gain was due to imports of £380,000 (£309,000 being

bought in the open market, £39,000 imported from
Hong Kong, £20,000 from Australia and £12,000 miscellaneous), and the receipt of £255,000 net from the
interior of Great Britain.

The

exchange market has been dull and
The dulness was mainly attributed
to the failure of the Leipziger Bank, which at first
was thought likely to cause some monetary derangement in Germany. Later there appeared to be an indisposition to draw bills, owing to the prospect of
temporarily dearer money in New York. There was
no indication of a demand to remit July interest in
advance of its collection. The heavy tone was caused
in great part by the absence of inquiry and also to
large offerings of commercial futures. While bankers
were not inclined to make engagements for these bills
for late delivery, a few contracts for July were closed
on private terms. The Assay Office paid $836,301 06
for domestic bullion.
Gold received at the Custom
House, $47,378.
foreign

heavy this week.

exchange were reduced after Wednesday to 4 86 for sixty-day and 4 88^ for sight. Rates
for actual business opened on Monday at a decline,
compared with those at the close of last week, of onequarter of a cent for long, to 4 85i@4 85^, but those
for short and for cables were unchanged, and the
The derangement to the money market caused by market was dull and easy, and it so continued on the
the above-noted troubles and the subsequent suspen- following day, though quotations were unaltered. On
sion of the Seventh National Bank was reflected in Wednesday the tone was heavy all around, and while
higher rates for money on call at the Stock Exchange long remained unchanged, rates for short and for
after Tuesday, and the range of loans for the week cables fell one- quarter of a cent, to 4 87^ @4 87f for the
was from 3^ per cent to 15 per cent, with an average former and to 4 88|@4 88^ for the latter. The market
On'Monday loans were at
of 7 per cent.
per cent was heavy again on Thursday, when it was influenced
and at 3^ per cent, with the bulk o£ the business at 4 by dear money, but there was a steadier tone at the
per cent. On Tuesday transactions were at 5 per cent close. The market was quiet on Friday, and sight
and at 3f per cent, with the majority at 4 per cent. advanced one- quarter of a cent on a covering of short
On Wednesday loans were at 8 per cent and at 4 per contracts. The following shows daily posted rates for
cent, with the bulk of the business at 6 per cent.
On exchange by some of the leading drawers:
Thursday transactions were at 15 per cent and at 6

Nominal

rates for

^

per cent, with the majority at 7 per cent.
On
Friday loans were at
11
per
cent
and at
per
6
cent,
with
the bulk of the business
at 8 per cent.
Banks and trust companies loaned
at 4 per cent as the minimum, though many of the

down-town banks made new contracts
per cent.

The demand

for time

at

6

and

at 7

money was good,

and quotations were 4 per
There was, however, little busi-

especially for long dates,

cent for

all

periods.

ness done, borrowers appearing to regard the flurry
in money as likely to be only temporary.
The trans-

FBI..

June

eOdayi

Brown Broi

|

SlBht....

21.

FBI..
MON., Tens.. WlD.. Thitu.
June 24. J^lne 26. June 26 Jtine27. June 28.

4 8e«
4 89

f^

If*

60 day*.
}SI«ht„..

4

489

i3«

i3«

British

jOOdayt.

No. Amerlofi,..

ISlffht....

4 8««
4 89

i3«

iS«

8f«
489

i«

i3«

Baring,

Magonn A Co..

Bank

Bank of
MontreaL
Oanadlan Bank

5

1

00 dart

jeiKht-..
(flOdays.

ofOomiaeroe.. \ Sight...
Heldelbaob, lok- i 00 days.
elhetmer St Co. iSlBbt....
LaiardFreret...

(60 days,
i

Verehants' Bk.
of Canada

Bight,...

(60 days.
)81«ht....

The market

8«H

4

«86}<
4 89
486)4
4 89

sex
89

8^9«

S6M
89

^«

4 86^
4 89

ig«

IV*

4 86^
4 89

iS«

l§«

86

86

8S

88X

88«

88M

86

86

86

88«

e8«

88H

86

86

e8«

88H

86

86

8«
88J<
86

88M

88H

86

66

86

88«

88Ji

88X

86

86

86

68H

88X

mn

86
B8><
86

86

80

88H

88m;

84

86

88H

88«

mi

85i@4 85^ for long, 4 871^
Commeractions in commercial paper were light, with local 4 88 for short and 4 88^@4 88i for cables.
buyers out of the market, and the demand from the cial on banks 4 84|@4 85 and documents for payment
interior was small.
Quotations were 3|@4:^ per cent 4 84i@4 85i. Cotton for payment 4 84i@4 84^, cotton
for sir.y to ninety-day endorsed bills receivable; 4@ for acceptance 4 84|@4 85 and grain for payment
4^ per cent for prime and 5@5^ per cent for good
four to six months single names.

The Bank

of

England minimum

4

85@4

closed at 4

85i.

The following gives the week's movements of
money to and from the interior by New York banks.

rate of discount re-

Rteeived btr
Iftt Interior
Shipped bv
W*tk SnMm June 28, 1901.
mains unchanged at 3 per cent. The cable reports
Movem«nt,
N. r. B<mk$. N. T. Banks.
discounts of sixty to ninety day bank bills in London
Gain.
1(95.000
Onrranoy.
16.820,000
14,825.000
Gain.
100,000
824.000
921,000
2f @2| per cent. The open market rate at Paris is 1^@ Sold
Total
gold
and
legal
Gain,
t«nders.
16.744.000
16,649,000
tl.095.000
2 per cent, and at Berlin and Frankfort it is 3i@3f per
cent.
According to cur special cable from London
With the Sub-Treasury operations the result is as
the Bank of England gained £634,790 bullion during follows.

—
THE CHRONICLE

.

June

29, 1901.]

1259

cannot be denied, however, that the coincidence of a not over-successful
Gain.
I1.09&,000
16.649,000
Banks Interior moTement, at above t6.741,000
foreign war, of a partial loss of predominance in the
Loss. 8,800,000
8i!.700,000
1S,900,000
Bab-Treas. oper. and Kold exports.
money markets, and of a challenge to its possession
Loss. 92,705,000
>28,349,000
126,644.000
Total ROkl and legal tenders.
of the export trade, have set many minds to thinking,
bullion
of
amount
the
indicates
table
We consider the
following
The
in and out of the British Empire.
question worth examining.
In the principal European banks.
Of the war, it is not necessary to say much. It is
June 88, 1900.
June 27, 1901.
our opinion that any military power which had been
Bankot
auvtr.
Total.
Bold.
Total.
eold.
auvtr.
drawn into the struggle in South Africa would have
X
*
t
*
»
passed through much the same experience as Great
X
88,641,121
3«,416,548 88,612,121
88,416.649
nRland
This is also, so far as we have observed, the
Britain.
98,491,075 44.833.880 141,814,806 81,506,010 16,884,133 130,803,178
rranoe
Qorman;*.... 83,141,000 17.072.000 50,811,000 87,184,000 18.978,000 41,118,000 judgment of the foreign attaches and other competent
71,877,000 7,516,000 r8358,000 88,880,000 8.071.000 91,461,000
AuMla
All these critics have paid high
military observers.
Ani.-UanK'T- 88,796,000 11,188,000 49,081,000 87,584.000 9.690,000 47,274.000
14,003,000 17,029,000 81,088,000 18,688,000 16,«10.000 80.69;».000
Spain
tribute to the valor and efficiency of the Eaglish sol15,181,000 1,0*5,800 17,076,800 15,458,000 1,666,000 17.108.000
Italy
10,919.900
6,046,000
4^73,000
11,778,900
5,99«,600 5,776.400
Netherlands..
diers, and have ascribed the prolongation of the con4.368,000
8,908,000 1,491,000
4.914,000
8,009,000 1.606,000
Nat. BelB'm •
test to the futility of modern scientific warfare in the
406.848.294
Wttk MnMn* June

Intc

88, 1901.

Bank$.

Out of
Bank*.

Net Ohanoein

of his habitual cynicism.

It

Bank BolMnm-

. .

ToUtbls week 318,250.128 106876480 42S.186.643 808,l«2.iei 108986133
Tot. orev. w'k 316.682.817 106346258 428.968.076 801,650,779 104112943 408.969,728

peculiar conditions of the contest.
is

When, indeed,

considered what were the circumstances

it

which

General Buller, and which are now baffling
General Kitchener, it will be readily acknowledged
PRESTIGE THEORY.
by an unprejudiced observer that a French army, with
We referred last week, in discussing the general its impetuousness of attack and impatience of obquestion of American trade competitioa, to the notion struction, or a German army, with its precision of
lately expressed in some quarters that England's campaign movements, would have made at least no

ENGLAND AND THE

power

in foreign trade

was

lost.

"

WANING"

Our own

opinion, as

then stated, \^as that the recent slackening of that
country's energy in the race of competition was temporary, and would be found, later on, to have been
wholly transient. We should not have thought it
necessary to return to the discussion now but for
Lord Salisbury's speech of last Wednesday, which has
been widely commented on, and which is likely, we
think, to be as widely misunderstood.
Lord Salisbury described England's existing situation as a crisis, but he was speaking of the position of
affairs solely in its political aspect.
Apparently his
remarks were directed at the faction which favored
compromising with the Boers on the basis of complete
or partial independence for the enemy. It was the
maintenance of the Empire, apparently, which was
the real inspiration of the Premier's speech. *' If,"
he concluded, " you allow the belief to arise that you
are unable or unwilling to defend your own territory,
you will soon find that you have no territory to defend."

This was a frank recognition of the military situaOpinions will probably always
tion in South Africa.
differ regarding the original responsibility for the
Boer war. But two facts stand out incontrovertibly
that the Boers took the initiative by invading British
territory, and that the Boer forces are now waging
guerrilla warfare on the soil of a British colony.
What Lord Salisbury undoubtedly meant was that
if an invasion of this sort, however provoked, were to
be made the basis of compromise and concession, none
of the British colonies would be safe.
The integrity
of the British

Empire

in the past has largely been main-

baffled

better

work

of

it.

may be

Therefore, whatever

said

the dangers involved in failure to crush Boer
resistance, it must at all events be conceded that there
of

has been no proof of a decline in English military
prestige as compared with that of its Continental
rivals.

The course

of events

in

home and

international

finance has varied little from that witnessed in every

case of expensive warfare.

England has had

to in-

crease its taxes, thus diminishing for the time the nor-

mal purchasing power of its people. It has had to
borrow millions upon millions of sterling, thus
placing a heavy demand on its home investment capital.
It has adopted the expedient, very unusual for
England, of raising part of these funds abroad, and
the nature and location of the war has largely denied
the compensation, reckoned upon in some wars, of a
prompt and heavy expenditure at home of the proits
markets, under
ceeds of such loans. That
such conditions, should be over-burdoned, is the
most natural thing imaginable. The figures show
that since the opening of the year issues of
new securities in London have exceeded by
1193,000,000 those of the similar period in 1900, and
have run $50,000,000 beyond even the high-water
mark of English company flotation in the same
month of 1889. This total has been reached in spite
of the fact that enterprises eager to

avail themselves

of the public's investment capital have been held

from a confessedly doubtful market.

It is

in view of all these circumstances, that
ital

back

not strange,

French cap-

has been used in immense amounts to transact

the day-to-day business of

Lombard

Street, that the

and avaricious rivals, price of consols should have fallen to much the lowconviction
that England would fight to the est level since the Baring panic of 1890, or even, if it
by the
last man and the last shilling before surrendering its has actually happened, that British capital invested
tained, in the face of jealous

possessions to aggressors.

The

inference as regards

in foreign fields should have been generally called
the Cape Colony campaign was obvious.
home.
Whether Lord Silisbury does or does not share the
It is possible that this last- mentioned movement has
more or less prevalent idea of waning British prestige been in some degree connected with the continued
elsewhere, he made no reference to it in the reported rise in England's import trade an increase more
language of his speech. On this other phase of Eng- rapid by a good deal than the expansion in its exland's position the Premier has spoken previously, ports.
Last year, for instance, though, as it hapbut his actual feeling was somewhat veiled by the use pened, the percentage increase in export and import

—

THE CHKONICLE.

1260

[Vol, LXXII,

competent critics, among them so sound an authority
on trade as Sir Robert Giffen, go further an^ assert
that the unprecedented English imports (nearly $500,000,000 more than in 1890) are an index to actually

On the operating and
anything has so far been attained
towards realizing the vague dreams of economies which
Wall Street has dealt in much of late, and discounted
for some time to come.
On that point practical railroad men have not been much consulted. It is possible many of them believe the limit of economies by
consolidation is less removed from present conditions
than is generally believed. The reorganizations of the
last decade have pretty well stripped railroads of their
ornamental men. It is true that administration is
rapidly being reduced to a science, much as mechanical engineering has been developed, and the methods
of supervision have become highly centralized to a
degree not before thought possible. But we must
still have division operating officers, and the limit of
what territory can safely be embraced within one division is quite well defined. We must also have general
officers, and their jurisdictions have been pushed
pretty near to the limit of what one person can intel-

increasing wealth.

ligently control.

trade was almost exactly equal (approximately 7f per
cent in each), imports increased by $192,000,000,

In the
while exports expanded only $125,000,000.
five completed months of 1901, this tendency has
been emphasized, imports having increased $35,000,000 in the face of an actual decrease of $12,500,000 in
the exports.
popularly described
If it is true. that this movement

—

as a continued unfavorable trade movement against
Great Britain is an indirect result of the Boer war
financiering, then it is equally true that whatever is
adverse in the movement will end with the termina-

—

tion of the war.

The very same day which unbars

the outlets from the Transvaal mines will also release,
from the necessity of supporting abnormal Government demands, a^huge mass of tied-up capital. Some

The

British

people have been highly

prosperous

and the

strain of hard times.

traffic side scarcely

There are some savings

still

possible

by establishment of claim bureaus and clearing
houses, but their aggregate will not be so great as

throughout the whole of this Transvaal imbroglioLabor returns to the Board of Trade have shown a many think.
It is on the traffic side where the pruning will most
relatively small percentage of unemployed
4 per
largely
be done. And here it will be first in cutting
The new taxes have been
cent, against 6 in 1895.
borne with slight complaint. If, these critics ask, off the tremendous waste by indiscriminate competiunder such conditions last year's import of food and tion in rates, in circuitous routing, in speed, in
drink increased $53,000,000 over 1899, and its import wasteful passenger service, in special service at termiThe first thought is that this will cut out many
of raw materials of manufacture $99,000,000, is it not nals.
reasonable to assume that only strength and prosper- of the present traffic staff of railroads. Perhaps some
We shall of them will be " let out "; some of the expensive inity could make such a showing possible?
not attempt to go further into analysis of this inter- dividual agencies at competitive points will be abolSir Robert Giffen's proposition is ished, but for the most part, on those railroads which
esting question.
partly modified no doubt.by the fact that England is understand the problem in its broadest significance,
known to have balanced its foreign trade accounts by the energy of their traffic staffs will be diverted into
selling some of its holdings of foreign securities and more[socially productive channels, but will not be withby marketing its own Government bonds abroad. But drawn. There is a call for men to study the commerthe matter is worth consideration by people too prone cial problems of railroad operation as never before,
becase now they may really deal with them. They
to hasty pessimism.
will study industries and markets, and the relation of

—

—

the transportation industry to other industries more

THE DIRECTOR OF TRAFFIC,

intelligently

Mr. E. H. Harriman's recent move in appointing a
director " for those railway properties west of

" trafl&c

the Missouri and Mississippi of which he has financial control, marks a new departure.
It has naturally

been the subject of

much comment,

gestive of large possibilities.

because

it is

sug-

The comment

just

now

much

divided whether these possibilities are for
good or bad. It is distinctly a divorce of traffic and

is

operating affairs on a railroad to an extent not seen
before.
The feeling in many quarters is that it is this

very separation and lack of fullest sympathy between
the operating and traffic departments of a railroad

which has wrought much of the havoc so far.
They contend that disastrous low rate business would
be impossible if the man who made the rates had also

and more

closely.

Transportation

is

a

producing machinery of a nation. The
combinations of place utilities with form utilities, in
a way to produce the largest result at the least costj
part

of the

the highest order of skill; and this
skill will always be in demand because the quantities
in which it deals are constantly changing.
offers a

The

field for

evolution of the railroad organization to day

has brought into existence departments ; each has to
do certain parts of the work and turn over its results to
the next department. The argument that the traffic
and the operating department should not be divorced
is an argument against the separation of distinct functions in organization.
labor, beginning

The

principle of division

of

indefinitely in the local geographical

becomes more distinct as the area of the geoto pay the bills.
graphical unit of the organization widens. The need
Wise-saws to the contrary, it is very much to be ques- of separation of traffic and operating functions at a
tioned if Mr. Harriman's genius for grasping situa- small local agency does not exist; it may not always
tions has failed him this time. The process of merging be marked at a larger station; but at the division orrailroad properties and welding diverse interests ganization stage it is well defined, and at the general
into one has gone on with such a pace in the last offices it is indispensable.
It is this simple principle
year that operating men have scarcely had the oppor- applied to two or more systems of roads which Mr.
tunity to adjust themselves to changed conditions. Harriman has recognized as the latest need in railroad
All that has been done so far is purely on the financial development.
Incident to it there must in time grow
side.
perfect
system of informing the traffic man
How well it has been done will require the test up a more
of a longer time to determine than has so far elapsed, of just those operating conditions which he should
unit,

June

THE CHRONICLE,

29, 1901.]

1261

know, and only those. The principarone of these is clared and the appreciation in the value of their
the naked direct cost of moving the business which stock; that the freight earnings were at the rate of
he gets; his work really should begin at this point, only §4,000 or $5,000 a year, although as entered upon
and his problem is to so stimulate traffic by every legiti- the books they were at the rate of over $15,000 a year,
mate device as to make the margin above this cost the the difference being money received from the sale of
poles.

largest possible.

DUTIES OF CORPORATION OFFICERS

—

OWNING SUBSTANTIALLY ALL THE STOCK.
The

Court of Appeals has just reversed

courts and ordered a

new

trial

the lower

in a case

involving

rather curious features as well as some interesting
points of law. The suit was brought by the Saranac

& Lake

Placid

Kailroad

Company

against a former

President and former Secretary of the company, who
held office from March 1893 to March 1896, and the
purpose was to recover the sum of $23,321 69 in
money and property alleged to have been retained by

the defendants and claimed to belong to the'company.
What particularly distinguishes the case is that the
defendant officials were practically the only parties
interested in the

company during the period

incumbency of office.
The Saranac & Lake Placid RR.

is

a

of

their

New York cor-

poration organized in 1890 with a capital stock of
1100,000, which in 1893 was increased to $250,000.
Its railroad consists of a single track

extending a

Lake

dis-

tance of ten miles from Saranac Lake to
The road was not built until the spring of 1893, and
the testimony showed that during the period of construction no one was beneficially interested in the
Placid.

stock except the President, and after it was
and his co-defendant owned substantially all of the
stock that had been issued. In March 1896 the debuilt

Other testimony of the same general character was
given, but the Court of Appeals directs attention to
the fact that the defendants called no witnesses to
corroborate their statements that even the person in
whose name the pole business was carried on was not
produced. The bookkeeper testified that the receipts
supposed to have been derived from the sale of poles
were entered upon the books as cash received from
freight " the same as if it was freight," and that the
sums alleged to have been paid for poles were entered
under different heads, so as to conceal the nature of
the transaction; that he knew nothing about any
purchase or sale of poles, but made the entries in
this way by the direction of the defendants, and that
he was unable to point out the precise entries which
embraced the sums received or paid out in the pole
It should perhaps be stated that during
business.
the progress of the case the company stipulated

he

fendanta sold a controlling interest in the stock, resigned their offices and delivered the books and papers
In
to the new officers elected in their stead.

that

it

did not attack the pole transactions as ultra

vires.

On

this state of things the trial court

made an order

dismissing the complaint, against the insistence of
the

company that the jury be allowed

several specific questions of fact.
vision

of

the

Supreme Court,

in

to pass

upon

The Appellate Dithe First Judicial

Department, affirmed this judgment. The Court of
Appeals now holds that the trial judge erred in ordering a dismissal. Judge Vann, who delivered the
opinion, says that the books established a prima facie
case against the

defendant, and that the fictitious

entries are not accounted for except by the testimony

This, he thinks,

not
September following the present action was com- sufficient to secure a dismissal. The defendants were
menced.
both interested witnesses, for the action is against
When the new management succeeded to control, them alone, and any recovery by the plaintiff must be
the cash account on the ledger had not been balanced, paid by them. The general rule is, he says, that
but when balanced called for $2,927 27, whereas the where a witness is interested in the question, although
amount of cash actually turned over was but $1 52. he is not impeached or contradicted, his credibility is
There were also a number of unexplained items on the a question for the jury, and the Court is not warbooks, such as an entry as follows: *'To cash $3,110, ranted in directing a verdict upon^ his testimony
for ties and poles purchased for the Union Electric alone. The same rule applies to the testimony of two
Railway Co." In explanation of these entries and witnesses, both equally interested and testifying to
seeming discrepancies, the defendants testified in sub- the same facts.
stance that the road was a small one and did a limited
Judge Vann points out that while the defendants
business, and that in order to enable it to make money owned substantially all the stock, they did not own
It was not their chattel, but
outside of its chartered powers, with the knowledge the corporation itself.
of the directors, and with their implied approval, they was a distinct legal entity with the right to own
bought telegraph poles with its money and for its ben- property, and they could not appropriate its property
efit in the name of a third person; that the receipts
to their own use any more than any other agent or
from the sale of the poles were put upon the books as trustee can appropriate the property of his principal.
cash received from freight, but the amounts paid out Through their voting power they could manage and
for poles were put down in various ways so as to conceal control its affairs, but only as trustees, and they were
the real purpose of the payment; that this was done bound to observe the rule of meum et tuum, and to be
in order to so cover up the irregular business that it as true to the corporation as if they had sustained the
could not be traced upon the books and to thus keep same relation to an individual. Accordingly, if they
it from the knowledge of the Railroad Commissioners;
took any of the company's money or property for
that while they were unable to point out the entries

upon the books which covered

their disbursements in

the purchase of poles, they were certain that the sums
thus entered were in fact disbursed; that they never

appropriated any of the company's money or property
to their own use; that they received no salary and
that their only profit was through the dividends de-

of the defendants themselves.

is

they are liable the same as if, under
similar circumstances, they had taken the money or
property of an individual. They deny that they did,
themselves,

but the books apparently show that they did

;

owing

to their interest, their denial presents a question of

fact

jury.

which should

have been passed upon by the

THE CHRONICLE.

1262

ITEMS ABOUT BANKS. BANKERS AND TRUST GO'S

—The sales of bank stocks this week aggreg ate 347 shares,
including 113 shares of a Brooklyn bank, and were all made
at auction. Transactions in trast company stocks reach a
Stock of the Bank of
total of 125 shares, all sold at auction.
further
increase in value of
a
ehows
York
the State of New
20
shares
sold at auction
when
were
63 points since June 12,
at 2311^, as against 285 this week. In the "curb" market
bank stocks have been dull, with but slight change in quotaNorth American Trust Co. stock sold at 280, Trust Co.
tions.
of

America at 28C-382 and Bank of Commerce at 394-412.
Price.
Last Previous BcU*.
Banks—iVew Yorlt.

Shares.

43 Amer. Exchange Nat. Bark..
18 Batchers' * Drovers' Bk., Nat.
2 (hemical National Bank
15 Citizens' Bank, National
30 Commerce, Nat'l Banker....
13 Gerraan-AmerlcanBank

260
116>4

4050

Jime 1901— 270ie
Jiino 1901— 129

May 1901—4040

1901—
410
June 1901—
Mar. 1901—
ISSH
aoi^a
Apr. 1901—
8 Irving National Bank
JimelOOl25 Mercantile National Bank.... 280
J\mel901—
5 Merchants' National Bank... 200
ISSk-lTl"* June 1901—
35 Produce Exchange Bank
JuneltOl—
SOStateof NewYork, Bk. of the. 285
10 Twenty-Thlra Ward Bank.... 140
Jan. 1893—
Trust Companies—iiT. r.
27914
June 1901—
100 America, Trnst Co. of
402ia
25 Colonial Trust Co
Apr. 1901—
^jiLfiE.— Brooklyn.
113 Mechanics' Bank

170^5

214^4

Feb.

Apr.

ISl^a
426i«
1361^

[Vol.

LXXn,

the President of the bank stating that unless promptly and
would be taken up by
June 29, he would appoint a receiver for the bank.
The bank was a depository for Post Office funds, and in its
official statement as of April 24 it reported $210,383 26 on
deposit to the credit of United States disbursing officers,
which sum was amply secured by $250,000 United States
bonds. The Seventh National, formerly the Seventh Ward
Bank, was organized in 1833. In May 1899 a controlling in.
terest in the bank was sold to a syndicate consisting of Perry
S. Heath, Josiah Qaincy and Fletcher Heath.
William HKimball was later made President, succeeding John McAnerny.
satisfactorily assured that this loan

—A chapter of the American
been formed in Louisville, Ky.

week

at

which the

Bank Clerks has
meeting was held last

Institute of

A

local organization

was

perfected.

2C0
285

—The annual reunion of the Connecticut Bankers' Associa\91H
176^ tion took place at Hartford on Friday, the 2l8t inst. Tho
221ifl
117i3 members assembled at Phalanx Hall, and from there proceeded to the Hartford Golf Club, where they were tendered

275
389

1901— 204k

—The Governors of the New York Stock Exchange denied the application of members to close the Exchange on
Friday and Saturday succeeding the Fourth of July holiday.
The members of the New York Cotton Exchange and the Produce Exchange have also decided not to close on those days.
—Informal conferences have been held by savings bank
officials regarding a uniform agreement to fix the maximum
rate of interest at Z^i per cent per annum, but it is not probable that any change will be made in the rate for the current
six months. The new State tax on savings banks will go into
effect July 1, and then there will be to that extent a lowering of the income of savings banks, which will naturally
compel a reduction in the rates of interest paid to depositors.

— The

semi-annual dividend of the Bank of America of
New York City, payable July 1, has been increased to 8 per
cent, 7 per cent having been the half-yearly rate since 1896.

a luncheon. Later a short business session was held at the
club. This meeting was given over almost entirely to the
discussion by President Meigs H. Whaples (President of the
Connecticut Trust & Safe Deposit Company, of Hartford),
of charges imposed by the New York Clearing House for the
collection of out-of-town checks. It will be remembered
that a special meeting of the Executive Committee of thia
association was held last July to consider the same subject,
but aside from the decision to communicate with associations in other States, as to their views on the matter, no action
was taken. President Whaples stated that some of the letters brought no response, others (very few) took views opposed to theirs, some were passive, and a considerable proportion were in favor of an attempt to overcome, by some
united action, the excessive charges. Mr. Whaples now suggests that a general convention of delegates from State bank
associations throughout the country be held to consider the
subject.

At the conclusion of Mr. Whaples's re oaarks, Mr. Jame&
Staples of Messrs. James Staples & Co. of Bridgeport entertained the bankers with a

—The semi-annual dividend of the National Bank of North

The

humorous speech.

visitors

were then conveyed to the AUyn House, where a dinner was
America, this city, has been increased to 4 per cent, the same served. Here a few impromptu remarks were made by Mr.
being payable July 1. Three per cect had previously been Henry A. Redfield, President of the Hartford Clearing House;
Mr. Rowland Swift, President of the American National
distributed each January and July for many years.
Bank
of Hartford, 'and State Senator Wallace S. AUis of Con—The Seventh National Bank of this city, capital |376,6C0

and surplus and undivided profits $334,400, was closed on
Thursday by order of the Comptroller of the Currency in
consequence of an unfavorable report by Bank Examiner
Forrest Raynor. The embarrassed condition of the bank
was first disclosed on Tuesday, when it was unable promptly
to pay a debit balance of $983,000 at the Clearing House. An
extension of time was given the bank by the Clearing-House
Committee and about 2:45 the debit balance was paid and the
clearings for the day were completed. It was then announced that the President, William H. Kimball, had resigned, and that Edward R. Thomas, son of General Samuel
Thomas, one of the largest stockholders of the bank, had
been elected in his place. The bank's debit at the Clearing
House was small on Wednesday and it was promptly paid.
Although there was a slight run on the bank on that da}',
it did rot cause the least embarrassment, and an impression
prevailed that the incident was closed. On Thursday, however, the bank was debtor at the Clearing House in the sum
of $644,108 95. The Clearing-House Committee, of which
Frederick D. Tappen is Chairman, assembled at 9:30, and
when later it was found that the Seventh National was again
heavily debtor the officers of the bank were communicated
with and informed that they must meet the debit. The directors of the bank were then in session and after a short delay
the bank's officers appeared at the Clearing House and announced that the directors deemed it advisable, in view of
the large balance and other matters in relation to the bank's
position, temporarily to suspend payments.
Thereupon the
transactions with the Seventh National were eliminated
from the clearings, and the exchanges of the day proceeded.
The Comptroller of the Currency waa advised on Tuesday of
the bank's embarrassed position, and upon being informed on
Wednesday of the nature of the collateral securing a loan of
$1,600,000 to Henry Marquand & Co,, he sent a telegram to

The officers who will serve for the ensuing year are:
President, William E. Seeley, President of the Fust National
Bank c f Bridgeport
Vice-President, Ralph W. Cutler,

necticut.

;

President of the Hartford Trust Company of Hartford ;
Secretary, Charles P. Backus, Cashier of the Windham
County National Bank of Danielson, and Treasurer, E. G.
Camp, Cashier of the First National Bank of Middletown,
Conn.

—The new City Trust Company of Newark opened for businees at 122 Roseville Avenue on June 15.
neat little
pamphlet just received calls attention to the various departments of the institution, which are: a banking department, a
trust department, and a savings bank department, besides
safe deposit vaults. The book also gives a list of the officers
and directors and the executive committee. The names of
the officers were published in these columns oa May 11.

A

— Messrs. Alexander Brown & Sons of

Baltimore are now
comfortably ensconced in their new building, corner Calvert
The structure, into which they
and Baltimore streets.
moved this week, is one story high, and appears to be admirably adapted for the requirements of this important
banking institution.

—

The capital stock of the Second National Bank of Dubnque, Iowa, will be reduced from $400,000 to $300,000 on
July 1.
—It has been decided to hold the convention of the Maryland Bankers' Association in October this year. Last year
the bankers met in July. The meeting, which will be held
in Baltimore, promises to be an interesting one, among the
social features planned for the occasion being a visit to Mt.
Vernon. The President of the Association is Mr. Robert
Shriver, President of the First National Bank of Cumberland;,
the Secretary, Lawrence B. Kemp, President of the Com-

June

29, 1901.]

THE CHRONICLE.

&

Farmers' National Bank of Baltimore, and the
mercial
Treasurer, William Marriott, Cashier of the Western National Bank, Baltimore.

1263

—

The Pynchon National Bank of Springfield, Mass., which
was organized in 1853 with a capital of $200,000, was closed
last Monday by the Comptroller of the Currency, the report
of Bank Examiner John B. Cunningham having shown, it is

item last week we stated that the Nashville Tmst
claimed, that the institution is insolvent. Mr. Ellis B. Pepof Nashville was shortly to construct a new buildper is the receiver.
ing on recently-purchased property, and that the institution,
Amended articles of incorporation have been filed by the
having added a banking department, intended to change its
Bank of Louisville, Ky., reducing the capital from
Company.
We
are
Western
Banking
name to the Nashville Trust &
$150,000. The reduction was necessary, it is stated,
to
Manager,
that
$2.50,000
advised by Mr. Henry C. Hensley, the General
to adjust the affairs of the bank to conditions resulting from
no change is contemplated in the title of the company.
losses in the neighborhood of about $100,000.
The President
—The regular semi-annual dividend of 3 per cent has been
is Mr. C. Stege and the Cashier B, Frese.
declared by the directors of the Beacon Trust Company of
—"The Cleveland FinaEcier" states that the Pearl Street
Boston, Mass., payable July 1. The statement of this institution to April 24, 1901, brings out the fact that within seven Savings & Loan Company of Cleveland, O., has decided to
years the deposits have increased almost a mlllion-and-a-half call the remaining 50 per cent on its outstanding capital. The
dollars.
On April 1 1894 the amount was but $379,000, and company has an authorized capital of $100, OCO, of which $50,from this the figures have steadily increased, reaching on 000 is paid-in. One-half the 50 per cent now called ($25,000)
April 1 1895 $117,000; one year later saw the amount $479,- is to be paid between July I -oud July 10, and the remainder
Mr. D. E. McLean
000; on April 1 1897 the five-hundred-thousaud-dollar mark will be paid from the undivided profit/".
and
Hirt
M.
W. H. Humiston, Vice-Presiwas almost touched— the amount being $499,000; an advance is President; J.
to $779,000 was recorded by April 1 1898; April 1 1899 the dents, and H. W. Stecher, Secretary and Treasurer.
item was $1,301,000; a still further addition was made by
—With the election of the of&cers last week of the Illinois
April 1 1900, when the amount stood at $1,462,000, while on
State Trust Co. of East St. Louis, and the fitting up of its
April 24 1991 the sum of $1,694,065 was realized. The com- temporary offices in the First National Bank
building, that
pany is under the management of Mr. John A. Gale, Presi- organization now expects to open its doors for business on
dent; George H. Poor, Secretary; Oliver M. Dannett, TreasMonday. The officials include President J. C. Van Riper;
urer, and W. B. Blauchard, Assistant Treasurer,
First Vice President, Thomas L. Fekete; Second Vice-PresiThe Maryland Trust Company of Baltimore has removed dent,Thomas W. Crouch, and Secretary and Treasurer, R. L,
from 12 South Street to the building in which the Guardian Kinamay. As previously mentioned by us, several of the
Trust & Deposit Company is located, at Calvert and German organizers of this company are connected with the First
As we have previously stated, the latter institution National Bank of East St. Louis. The Illinois State Trust has a
streets.
A special paid-up capital of $250,000, and later will occupy (as soon as
is to be consolidated with the Maryland Trust.
meeting of the stockholders of the Guardian Company has same can be made ready) larger quarters at 207 CoUinville
been called for next Friday, at which the liquidation of its Avenue.
affairs will be considered.
The Washington State Bankers' Association

—In an

Company

—

—

—

— Asheville, N. C.,wa8 the place selected by the North CaroB inkers'

Association for this year's meeting. The confor three days, June 19, 20 and 21; no
scheduled
was
vention
business, however, was transacted on the first day, a social

lina

gathering having been arranged for that evening at the BatThe States of Virginia, South Carolina,
Georgia and North Carolina were represented, and the proposition was made that next year a joint convention of bankers of the four States be held at some central locality— this
to take the place of the regular convention.
The report of the Secretary and Treasurer, John M.
Miller Jr. Cashier of the Merchants' & Farmers' National
Bank of Charlotte, N. C, was most encouraging, showing
tery Park Hotel.

,

that out of a total of 141 banks in the State, 98 are members.
Mr. Richard H. Edmonds, Editor of the "Manufacturers'
Record" of Baltimore, delivered an interesting address on
the industrial progress of the South during the last twenty
years.

Others on the programme were Mr. Hartman Baker,
Cashier of the Merchants' National Bank of Philadelphia;
W. T. Old, Cashier of the First National Bank of Elizabeth
City, N. C. L. P. Hillyer, Cashier of the American National
Bank of Macon, Ga., and Secretary of the Georgia Bankers'
Association, and Hon. A. E. Rankin, State Bank Examiner.
Mr. Miller was re-elected Secretary, and Mr. John F.
Bruton, President of the First National Bank of Wilson,
N. C, was appointed President of the Association.

—A change

made in the name of the Fidelity InSafe Deposit Company of Philadelphia.
will be the Fidelity Trust Company.

is

surance, Trust

The new

title

to be

&

—The

proposed increase from $250,000 to $500,000 in the
Company of Cleveland (the
reorganized Wick Banking & Trust Compiilt0P«^ made
this week.
\
capital stock of the City Tiust

•

convened at
Vice-President E. J.
Dyer, President of the Exchange National Bank of Spokane,
Wash., presided at the meeting in the absence of the President, Jacob Furth, President of the Puget Sound National

Spokane on the 20th and 21st

Bank

inst.

of Seattle.

Thursday only was given over

to business sessions, several
excursions having been arranged for the following day.
Among the resolutions adopted by the bankers was one requesting the Senators and Congressmen to secure a repeal of
the Federal tax on banks at the coming session of Congress.
One of the speakers who was to have addressed the gathering, M. M. Cowley, President of the Traders' National
Bank of Spokane, was unable to be present. His paper,
however, on "Early Banking and Business Methods" was
read by Levi Ankeny, President of the First National Bank
of Walla Walla. Mr. P. C. Kaufman, Cashier of the Fidelity
Trust Company of Tacoma, entertained those present with a
discourse on " Oriental Exports Relating to Banking,"' while
Mr. E. T. Coman, Cashier of the First National Bank of Colfax, had for his subject " Needed State Legislation."
The meeting concluded with the election of the following
officers: President, E. J. Dyer, President of the Exchange
National Bank of Spokane; Vice-President, L. P. White, of
Messrs. L. P. White
Co,, Bankers, New Whatcom; Secretary, J. D. Hoge Jr., President of the First National Bank of
Seattle, and Treasurer, L. J. Pentecost, Cashier of the Pacific
National Bank, Tacoma, Wash. Next year's convention will
be ueld at Seattle.

&

—An extra dividend of

1 per cent haa been declared by
Brooklyn
in addition to its regular
the North Side Bank of
semi-annual dividend of 3 per cent, both payable July 1.

&

—The Unite 1 States Mortgage Trust Co, of this city has
raised its semi- annual dividend to 6 per cent (payable June
29), 5

per cent having been paid in January 1901.

—The organization has juat been

completed of tMIMl^on
Bank of East St. Louis, III. We""|ill^^
formed that the company will be ready for business abou
August 1 in the building corner CoUinsville and Missouri
The oflficers selected are: President, August
Avenues.
Schlafly (President of the Citizens' National Bank of Alton,
III); Vice President, A. M. Meints; Cashier, E. P. Kishner,
and Assistant Cashier and Secretary, J. F. Schlafly, Cashier
of the First National Bank of Carlyle, 111.
Trust

& Savings

New York Central RR.—Saratoga Train
New York

Service.— The

Central RR. has this week put in service for the
third season its famous Saratoga Limited train. This train is
made up wholly of Pullman palace cars, which were constructed especially for this service, and are models of comfort and elegance. All the appointments of the Saratoga
Limited are up to the highest standard of excellence attained
by the New York Central Railway.

e

.

1264

THE CHRONICLE.

The speed maintained is rivalled only by the Empire State
Express, the ran being made in less than four hours, thus
enabling a business man to leave New York at the close of
business and reach this delightful watering place, rightly
called "Beautiful Saratoga," in time for dinner.
During the season this train will leave New York daily,
except Saturday and Sunday, at 3:20 p. M., arriving at Saratoga at 7:10. On Saturdays it leaves New York at 1:50 p. m.,
arriving at 5:40. Returning leaves Saratoga at 6:50 a.m.
daily, except Sunday, and arrives in New York at 10:40.

[From our own oorresponaent.]
London, Saturday, June 15, 1901.
There is a decidedly better feeling in markets this week,
partly no doubt owing to the reduction of its rate of discount by the Bank of England and partly to the very small
"bull" account open; but there is not much business doing.
Trade has decidedly received a check, as is proved by the
Board of Trade returns and the railway traffic returns. In the
long run that will stimulate investment by making money more
plentiful and cheaper; but for the moment it is discouraging; especially it is weighing upon the market for British
railway stocks. Then again, the very low price to which
consols have fallen deters operators, though the fall is gener-

[Vol. LZXII.

For the moment, then, the Bank was unable to check the
decline in rates, and the directors wisely decided to accept
the inevitable. The Bank of Holland and the Bank of Belglum, likewise, yesterday reduced their rates from d}4% to S%,
and it is expected that there will be an early reduction in the
rates, both of the Bank of France and of the Imperial Bank
of Germany; and just as people were looking a little while
ago for dear money throughout the summer, they are all now
predicting .easy rates for two or three months.
Whether
their present predictions will prove more correct than their
former remains to be seen.
Money is becoming easy, likewise, in India, as it generally
does at this time of the year. On Thursday the Bank of
Bombay reduced its rate from 7 per cent to 6 per cent. Yet
the India Council continues to sell its drafts fairly well. It
offered for tender 50 lacs and the applications exceeded 134
lacs.
The whole amount offered was allotted at about Is.
3 29-32d. per rupee. Later in the day the Council sold a very
small amount at Is. 3 15-16d. per rupee.

Ensllah Financial Markets— Per Cable.

The daily closing quotations for securities, etc., at Londoo
by cable as follows for the week ending June 28,

are reported

LOHDOH.
Silver,

per onnoe

d.

277ie
93»«
9313

Oonsols. new. 2 % p. ots.
,

For aooount

BVch rentes (In Parle) fr. 10030

American selling.
7II4
Spanish 4s
1016
The heavy expenditure of the Government and the possi- A.naoonda Mining
A.toh. Top. & Santa Fe.. 91I4
bility that it may have to borrow again is another cause of
1071«
I*referred.
depression; and laatly, there is a vague political apprehension Baltimore & Ohio
112
97 14
Preferred
which nobody can define, but which makes people desirous
108%
of keeping their money in an easily realizable form. All Canadian Pacific
SQifl
Ohesapeafee & Ohio
over Europe there is the same stagnation.
Chlca. Great Western.
27
is
that
very
easily
exconcerned,
Germany
is
far
as
Uhlc.
Mil.
185
So
& Bt. Panl...
Den.
Rio
&
Gr., com.... 53>4
plained. The crops have suffered decidedly from drought;
Do
do Preferred. 102 13
harvest
may
turn
that
the
out
fear,
therefore,
and there is a
Erie, common
44&8
an exceedingly bad one. The slow liquidation is going on and
Ist preferred
72%
ally attributed to

A

occasional failures here and there keep distrust alive.
very large electrical company was financed by an important
Saxony financial company, not a bank exactly, but a company that had good standing. The company locked up too
much of its money in electrical enterprises and it has got
into difficulties. Following upon so many other events of
the same kind, this has accentuated the unwillingness of the
public to take part in the stock markets. Everywhere there
is a desire to sell industrial securities, but exceedingly few
are willing to buy; and whatever little there is is in Govern-

ment and municipal

securities.
In Russia, again, the crisis continues. There have been
three years of great distress in large parts of the Empire; and
there has again been drought this year, although good rains

are now reported from Southern Russia; but it is remarkable that in France there should be an utter absence of all
enterprise. The Bank of France holds in gold |493,310,000,
and the amount is so steadily increasing that the Bank is
forcing the metal into circulation. The other leading banks
hold larger deposits than ever before. Their surplus balances, in fact, are so large that they cannot employ them
profitably at home or anywhere upon the Continent; and
consequently th»3y are employing them here in London on an
Yet the depositors prefer to leave
unprecedented scale.
their money with the banks rather than invest it; and indusIt is true that France has
trial enterprise is utterly lacking.
just lent a large amount to Russia; but that was brought
about through the influence of the Government and of the
great banks. Left to themselves, the French public would
nothavelent. and certainly they are not buying, fresh Russsian
No doubt it is true that France has not been forsecurities.
tunate in her industrial enterprises either at home or in Russia.
It is also true that there is an immense amount of French
money invested in Spain, and that the outlook in Spain is by
no means promising. The Spanish Government, it is true,
holds out the hope of a reform of the currency; but nobody
believes that it can effect such a reform. On the other
band, there is unrest all through Spain, and every now and
then resistance to authority. Whether the lack of enterprise in France is due to political apprehension, or to the
bad result of industrial enterprise, or to the prospect in so
many other countries, at all events 'it remains true that
never before was money so abundant, and yet nobody cares
to engage in any fresh operation.
The directors of the Bank of Eogland, somewhat to the
surprise of the open market, on Thursday lowered their rate
of discount from 3>^ per cent to 3 per cent. The general
expectation was that they would wait for at least another
week, and in consequence there is much ingenious guessing
as to the reasons which induced the directors to act so
promptly. Probably the real explanation is that the directors could not help themselves. The Government expenditure
is on so vast a scale that it is adding to the supplies in the
open market very largely; and at the same time the Government will evidently need to borrow from the Bank of Eagland at the end of the month. Under these circumstances,
it will be very difficult indeed for the Bank to keep up rates
by borrowing in the open market; and the difficulty is immensely increased, owing to the abundance and cheapness of
money in France, which induce the French bankers to go on
adding every day to the sums they are employing in London.

Mon.

Sat.

2d preferred

59

niinols Central
150ifl
Louisville & NashviUe.. 113
Mexican Central
291a
III4
Mexican National
Mo. Kan. & Tex., com.. 3212
Preferred. .......
66
..
N. Y. Cent'l & Hudson.. 161
38
''8
N, Y. Ontario & West'n

& Western

BTorfoli

Do

do

Northeru

55

92I4

pref.

100
78
23''8

'Phila. & Read.,l8t pref.
•Phlla.
Ready 2d pref.
Jonthem Paoiflo
•Jouth'n Railway, com..

Jnlon Paoiflo

501a

27
I8214

53
103
44I4
721a
581a

151
11218
2912

Ilk
32
6Bia
1611a
37^8
54»8
9214

99

78I4
2383

34ifl

6II4
34I8

90

89%

1161a

11478

92%

29

93

5OI4
pref.. 10138
24S8

5OI4
lOlis

47
70 13

45'>'«

preferred
Deb. "B"

ir'rioe

112
97 14
108

62

Preferred
U. 8. Steel Corp., com..

Do
Do

1071a

40)fl

Preferred. .............

^abasb

90<l8

4068
29i«

&

do

2738
937ia
937i«
OO27I2 00-27 %
7II4
7118
9'8
10
2738
931a
931s

90
IO714
111
9714
IO6I3

50
26
180»a
521a

103

43%
7214
581a
15314
lllia

29
III4

31%

22%
69

Wed.

TKurt.

/Vi.

27Eie
9314

27618
933,
933, fl

278i«
936,6

93 14

71

881a
106
1091a
96I4
IO6I4

1061a
1091a
961a

9%
8914
1061a
110

97
10668
4988

25
179
52
102
43
72I4

49
25

16212
11138
281a
III4
31

65

9%
89%
106
491a

177I4

52
101
421a
7218

58

58

1611a
371a
531a

54
92

70%
9%

71

65

37%

936, R

10020 00171a 10015

162%

152

IHI4
231a
III4
sola
641a

162
361a

52%

25
177
501a
lOlia

43
7214

88
152
lllifl

2812
III4
i6lia
3714
521a

92

91

991a

99
77I3

23i«

99
77

99
77

23

40%
28%

22%

2318

4018
281a
6OI2

40
28

40

com.

Paoiflo,

Preferred
Pennsylvania...
"PMla" <b Read

Do

TueM.

77%
61

601a

33%

31
89
114
93

881a

45
68

3^%
88

92%

112l«
92I4

50 14

49 14

101>4
231a
4414

ICOI4

67

67

112

501a
lOlia
231a

91

23
4418

2816
6OI4
33I4

88%
112
921a

50%

101i«

23
44 14
68

per shar^

Imports ajid Exports fob the Week.—The following are
the imports at New York for the week ending for dry goods
June 20 and for the week ending for general merchandise
June 21; also totals since beginning first week January.
FOBBION IHFOBTS.
For week.

1901.

Goods

1900.

1899.

1898.

aen'l mer'dlse

81,506,166
7,379,355

$1,546,716
7,594,364

$1,302,431
6,048,750

$1,137,421
6,130,596

Total......

S8,885.521

$9,141,080

$7,351,181

$7,268,017

«51.292,434
220,665,405

862,421,268
211,380,074

$51,250,387
203,755,508

$47,354,487
167,877,206

lity

Since Jan.

1.

ory Goods
aen'l mer'dlse
I

otal 25

weeks «271,957,839 $273,801,342 $255,005,895 $2X5,231,693

The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending June 24, and from January 1 to date.
BXPOBTS FBOH NEW TOBK FOB THE WEEK.

apeoie)

For the week..
*rev. reported
i'otal 25

1901.

1900.

1899.

1898.

$10,264,741
243,037,782

$11,259,860
248,580,812

$8,738,977
213,920,597

$8,478,365
227,415,808

weeks »i253.302,523 $253,840.672 $221,659,574 $235,894,173

Note.— A.8 the figures of exports as reported by the New York
Custom House from week to M'eek frequently show divergence from
the monthly totals, also compiled by the Custom House, we shall from
time to time adjust the totals by adding to or deducting from the
amount "previously reported."

The following table shows the exports and imports of
specie at the port of New York for the week ending June 32
and since Jan. 1, 1901, and for the corresponding periods In
1900 and 1899.

.

:

..

June

.

THE CHRONICLE.

29, 1901.]

XPOBTfl AMD niPOBTS OV BFBOIB AT MEW TOBK.
Gold.

Great Britain
France...... ........
Qermany............
West Indies

4,5'i0,798

Mexico ... ..........
Bouth America

1,000
8,000

3..S03

All other oountrlea.

Do

'24.5Y5
6,679

393,690

10,049

386,050
44,231

9alTestoD
Montreal
roronto

4«',i.000
,

Buffalo

1,7^0,000

123,O0C
••••.
208,000

West IncUeB
Mexico
Bouth America

975

11 other countries.
Total 1901
Total 1900
Total 1899

$23,042
3,883

223
100,538

"5',490

68,563
66,593

$1,032,778 $24,938,741
1,055.870 24,223,184
766.805 23,891,930

Wheat.

flour.

800

1,326,642
362,973
20,640

$131,446
24,732
121,690

$1,837,941
1,822,698
1,827,029

f

B*rity.

Oati.

Corn.

811,079
244.600

1,243.490

1,241,400

48.800

111,600

811.200

71,250

28,600
18.750

614.288

61,366

181,019

1.049.560

124,710

7.880

11,800

6.000

141,324

MUwanke*

70,776

.

Onlnth
MlnnaapoUi.
Tolado

120,000

Ol«T6land
at. Lonli ....
Paoria

14.173

82,920

41,850

43,300
1«8,566

7.460

10.641

66,000

76.110
43.960

28,513
83,686

146,472

99,176
141.530

187,956
211,700

10,050

7,800

IIC.OOO

283,400

824,800

69,750

41,800

Detroit
. .

Kanaas Oltj

6,000

800

4.90O

77,922

Tot.wk.l001

409,804

"2^979 609

Same wk.'OO.

411.146

3.660 446

5,216.351

3,090,668

198,835

82,399

Bam«wk.'90.
Sinci Aut. I.

S66.935

6.1)93,271

5.508,606

1,869.088

140,030

68.079

18,108,454 211,402,068 191.663,376 168,244,469
19.247.881 201.909,e4(* 203,047,427 151,962.489
18,8fl8,915 263.1«S,129 197,896.616 160,594.008

28,655,408

4,078 415

1900-1801.....

1899-1900
1898-1899.....

2.093,767

2,498.266

128,170

iVMat,

Flour,

RU*i9t$ «t—

137 841
29.744
24.830
«9,528
87,769

Philadelphia
Baltimore

Utchmond

New Orleani*

Norfolk
aalTeiton
Portland. Me

40,788,661 6.872,674
24.804.891 10,830,035

J887«2

Oati,
bush.
884,100
106,294
90.778
100.^68
161,618
81,380

rs.ooo
22,714

97.475
219,804

793,500
870,088
299,194
613.010
1,01!J,16S

40,1 7fl

99,081
174.840
104.388

4,160

1800

* Receipt!
pti do not Inolnde Kraiu
port! on thronBh blUi of ladlna

JittHpU of—

Oati...
Barley.
«ye....

huih.
21.276
1, 147
B3,74S

"3.286

8,144

64.893
904,850

Jane 22 oompare

to

1

41,178,696

80.fe8:?.748

86.687. B08
83,8.S7,580

I.'i60.3i9

8.638,2H8
1.316,653

48.629,893
83,896.876
37.170,969
1,917,888
S.501,183

63,592,513
116,082,197
51.se>.909
2.816.955
8.176 857

187972.934

169.662,676

174,616,734

231.262,031

42.011,076
2.905 879

"

several seaboard ports for the week
shown in the annexed statement
Uat§,
/tour.
Ptai.
Barln

22, 1901, are
Corn,
Whtat,
bu$h.
Maportt /retn— buth,
830,878
27J,801
104.338
104,000
2B4,000
834,111

»e9,H89
175.600

bbh.
70 152
39.190

bu$h.
107,243
9.987

73,000

hit«h
12,221

4,16U
40,465
72,120

28.7flB

8.144

17,163

283,477
4B4.D88

IIO.UOO

6,6.<0

l.o,s4

Norfolk
HewD'rt Newf 40.076
674,507
Montreal

99,'8l
22.714
310,870

116.669

New

Orleaui..

2i{.704

Total week 2,649,206 2,323 067
Same time '00., 1.753,669 8.-^10,074

The destination
1,

1900, is as

Wtik
Jvme 88.
bin.

Dnlted ICinBdom 299,445
46,b9S
Oontlnent
B. St C.

America.

Wett indlea
Br.H.Am.OolO'a
Other oountrlea

80.000
174,000

766',o<>o

180,000

"4,000

issVodo

"i',066

"s'.bop

"ijaoo

285,000

"8,odd

16,066

8,563 000

1,166,600

187.odc

42,()M

48.000

1,168.000

11,000

e,cK»

311,1)00

fcS.OOO

8.000

15,000
175.UUV
105,000
56,000

886.000
81.000

8.000

287 000
386.000

'i7,6b'6

10,601,000
10,812,000

559.000
ei6,ouo

6,K3><,000

7^ 7,000

484,000
646.000
781.000

5,9^2,000
7,600.000

86.1.000

1,808,000

1,017,000

6,8&7.od6

8.883,600

883,000

ei2,6'od

afloat
„ ....

afloat

afloat
U,50i,oor'
246.UO0

LOUlt

Do

afloat

i;._

laMaiCltT

•-•,;„

^I'^
10,000

"eorla
[ndlanapolli
)nMisii8sippl Hirer

135.000

)nLakei

"

1,164.000
^l6.000

i.iis.o'od

Total Juno 88. 1901».:82,9C8,000

17,186,000
17,271.000
12 161.0OO
13 810,000
22,424.000

-in

2.000

178,00r

oanal and riTer.

.

.

853,000

i

I'omiJuno 15, 1901*. 85,189,000
rotalJune28 1900+. 45,62.'i,000

T ital J urie 24.
T .tal Jane 25,

l89Bt. 28.859,000
1898t. 17,226,080

19,666
1,000

2,00a

8.000

Include* stocks In prlTate elevators at MUwaokee.
tStooka In prlvato elevators at Milwaukee not Inclnded.
NoTl.— BeRtnnInK Jaly 1. 1899, the New York Prodace Bxchanse haa ohanjcM
ts Visible SnpplT Statement br Inolndlng stocks at New Orleans. OalTeflton.
rt. Wlillam and Pt. Arthur (prerlouslr omitted) «tnd learlnji out Albany
Oswatro and Cincinnati, formerly Inoladed.
•

CHANaESiN Legal Tenders and National Bank Notes to
June 1. The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank notes
May 1, together with the amounts outstanding June 1,
and the increase or decrease during the month; also the
changes in legal tenders held for the redemption of bank notes
ap to June 1. For statement of May 1, 1901, see Chronicle
May 11, 1901, paoe 920; for that of June 1, 1900, see June
23, 1900,, page 1232.
Itattonal Bann Holes—
Anaoant oatstandlng May 1. 1901
$350,764,256
Amount Issued during May
Amoantretlred during May

$2,822,010
2,003,676

Amount oatstandlng June

1,

1901'

818,334
$351,582,590

May

1,

1901

1900.

mt.reissaed and banknotes retlredln May

1,350,875

Amount on

bbli.

9,644,542

1.78»,M8

1,7S7.ij18

864.193
1,191

2-t,o2l

nm.iOO

17.406
4,707

V6.s,i62

663

£61, 178

1,

50,536

29.984
38,319

226.Stf4

week and
.

since

S«*t.

1900,

Pern.

.-

With 8in«
June 82

8«»'
1,1900,

hufh.

buth.

62,f,07,a77
965,447
3:J,8d8,110 1,314,456

9U

21,560
20.C68

418,836

1,5:8

28,969

81,2^8

1,758.669

Held by National Banks.— The

Deposits of Bonds

following interesting statement furnished by the Comptroller of the Currency shows the amount of each class of bonds
held against national bank circulation and to secure public

moneys in national bank depositories on May 31. For
statement of April 30, 1901, see Curonicle May 29, 1901,
page 1019; for that of May 31, 1900, see number of June 30,
1900,

page

1277.
V. S.

Bonds Held May

81, 1901, to

Public Deposits

Bank

in Banks.

Circulation.

5 p. ots., 1894, due 1904
i per Ota., funded 1907.
1 p. cte., 1895, due 1925
3 p. ots.,'98, due 1908-18
Spar ots., funded 1891*.

$698,000
9,229,900
12,146,950
5,828,300

2 p. ots., 1900 due 1930.
8-65S Dlst. Col., 1924...

77,903,000
425,000

$106,231,150

Total

Secure—

total Held,

$268,900
6,319,600
3,186,60<y

3,935,180
112,500
312,105,600

S966.900
15,549,400
15,333.550
9,763,480
112,500
390,008,600
425,000

$325,928,280 «432.1R9.430

Bedeemable at option of the United States.
The foregoing does not include the bonds held in the New
York Sub-Treasury against deposits in banks. There were so
held on May 31 §10, 755, 000 bonds, making the whole
amount at that date in possession of the Government as se*

New York City, Boston Sc Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.

70.101.386
e8.!t4i.ll6

8U2,6H2
863,373
188. 7U 3
710,0^8

Banks.

I

N. ¥.•

I

June
"
"

91,791,172 8,323,057 141,6' 9,186
74.655.997 8,210,074 169,154.634

visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, June 22, 1901, was as follows:

1..

8.
15..
23..

dc

SurpliM.

I.oa<M.

Spuit.

Letait.

$

$
$
171,036.7 866,314,71811900
1790297
169,636,3 887.699.1
169,691,1 900.943.9 1771634

OepofiU.f OircTn.

«

$

Jnne
•'

8..

16..
aa..

67.633,9 194,733,0 15,409,0
67.633,9 194,606,0 15,724,0
67,632,9 195,860,015,460,0'

••

"

8..

16..
aa..

38,715,3 170,826,0
38,716,3 172,926,0
38.716,3 176.002.0

OUuHmm.
9

31.093,6 11774332
80.933,4 18998344

8,083,01230,735,0
8,633,01331,961,0
8,434,0 319,361,0

6,141.0 153,303.3
6,148.0 187.375.8
6,145,0 131,905.4

207.881,0
214,478,0
216.038,0

9,843,0 144,865,7
9,849,0 181,343.7
9.886.0: 137.784,8

Phtla.*

Jnne

$

953,398,3
972,118,8
984.194,3
982,844,2

78,162,6
77,841,6
77,677,3
169,691,1 902.755,3 173'2969. 79,023,5

Boe.*
"

2,649205

743,895

deposit to redeem national

.Capital

jTtn« 28.
buth,

$28,788,263

$606,980

:

.

.

notes

Amount deposited during May

60.638
81.144
67,004

.—
Whtmt.
Sinti Snt.
Wttk Sif\U
1

Amount on deposit to redeem national banb

curity for deposits $116,986,150.

656,292
384.^:66 1.499.708

8P7,800 13,492,232
Total
Total 1899-1900.. 381.266 12,b44,7»l

The

80,045
219,864
100,8a7

397.300

#iour.

Mtevorti for
vitk and liriM
Otpt. 1 to—

....

of these exports for the

below

bu$h.

21916

.

Sept.

Do

as

.bnih, 60,812,409

The exports from the

Baltimore

84.456
60,514

1898.
9,176,406

ending June

Portland, Me.
Philadelphia..

860
OOO

1800.
0.773,063

••eeeee»e»»*

Boiton

81000

'63,00'j

$28,044.37.^
1, 1901
'Olroolatlon of National Qold Banks, not included In aoove, 3>79,vi7o

1000.
10,315,101

•••«e«««

Hew York

mioatro

Deteription of Bonds.

1001.

Total sraln....

80.000

741.066

256.0C0
1.000
737,000

ioi',000

6.970,ooo

paiimE throoKh New Orieann for forali n

10.408,233

bbli

Wheat
Oom...

28,000

bank notes June

28.768

Total receipts at ports from Jan.
follows for four years:
srioar

678.000

afloat

Milwaukee

ports for

Barl««

."603,889 2,813,624 8 308,346 1.719,909
4*8,009 1,867.871 3.482,080 1,988,644

Total week

week

1,149,450
97,^49
494,214
27,P4I
H8.0tl4
28,172
480,796

285,s
28,«29
116.669
21,916

Newport Newi

Corn,
buth.

buth.

bbU.

New York

Do

jt

48').U0C
lOSt.OOO

Legal Tender Notet—

The receipts of flour and grain at the seaboard
the week ended June 22 1901, follow:
BoitOD
Montreal

afloat

177.000

9,000

—

BbU.190lbi BuMh.OOlbi Buih.bOlbi Bu$h.31tlbt Buih.iSlb

Ohieaso

DO

Do

Breadstnffs Figures Broaght from Page 1290.—The
statementB below are prepared by ns from figures collected
by the New York Produce Exchange, The receipts at
Western lake and river ports for the week ending June 22
and since Aug. 1, for each of the last three years have been;
IU$»i9tt «C-

21».000
60.000

huth.

butJi,

520T>

afloat.

ttlnneapolla

$

2,220
194,883
21,250
1,016
2,491

1,320

.......

.

514.000

I'oledo

SinceJan.l

Week.

$745,808 $24,154,086
284,675
862.795

France...

417.00t'

rt.Wlirm*Pt.An.liur 1,836,000
4.676,000
Onlnth

Silver.

Germany

Do

Do

Imports.

Since Jan.l.

I,

264.000

$1,183,180
1,321,080
7,815,339

$42,173
10,925
51,018

Bxporti.

Great Britain

1,847,U'

Jetrolt

$4,523,101 $27,734,703
4,251,737 27,344.466
e.t 23.988 19,920,124

Week.

afloat

Oati,
buth,
1,898 "O"
87.000

htuh.
731.000
60,000
62a,uvu
685,000
1,969.000
300,000

66,000

Philadelphia
Baltimore
New Orleana

l.'^5,001

930

Corn,

biuh,
l,897.i>'>'

Soiton

$
204,208

$

$1,764,851
18,209,788
6,030,801
666,740
34,668
28,855
1,099,000

9

Whtmt,

SinceJan.l.

Week,

Since Jan, 1

Week.

1265

in (tor* Mt—
irawTork

Import*.

Jlxporti.

Total 1901
Total 1900
Total 1899

.

68,276,0
63,757,0
61,758,0

We omit two clvhert in allthtse Agurei.
t Inoladlnit for Boston and Phlladelpma the

3 ',904.4

16373299

30,837,6 16373684

•

Item "dne to other banks."

.

.

.

THE CHKOWJCLK

1266

New York City Clearing House Banks.— Statement of
oondition for the week ending Jane 22, based on average of
We omit two ciphers (00) in all cases.
dally results.
BANKS

Capital. Surplus

S
Bftnk of N. Y....

2,000,0
2,060,0
2,000,0
2,000,0
1,600,0
1,000,0
10,000,0
300,0
600,0
1,000,0
800,0

MutbattanCo...
MerobantB'
Meobanloa'

America
Phenlx
Olty ......••--->•-

Ohemloal
Iferohants' £x..
Sallatln
Batoh.A Drov's'
Meoh.(& Traders'

400,0
200,0
600,0
876,6

Oreenwloh

Leather M't'rs..
Beventh
State of N. Y.... 1,200,0
American Ezcb. 6,000,0

Commerce
Broadwav

10,000,0
1,000,0
1,000,0

Mercantile

422,7

Pacific

Bepnbllc

1,600,0

Ohatham

460,0
200,0

People's

North America.. 1,000,0
Hanover
3,000,0
600,0
600,0
600,0
900,0

Irving
OitUsens'

Nassau

MarketA Fulton

& Leather.
Com Exchange..
Shoe

1,000,0
1,400,0
800,0
Oriental
Imp't'rs'A Trad. 1,600,0
Park....
2,000,0
260,0
East Biver
Fourth
8,000,0
Central
1,000,0
Second
300,0
Ninth
760,0
First
600,0
N.Y.Nat'lExoh.
300,0

Bowery

260,0
200,0
760,0

N. Y. County....

German Amerl..
Chase

1,000,0
100,0
200,0

Filth Aventie...

Serman Ezch...
Sermanla ........
Lincoln

200,0
300,0

6tarfleld

1,000,0

Fifth

200,0
300,0
200,0
Seaboard.
600,0
Western.
2,100,0
Ist Nat., B'klyn.
300,0
Liberty
600,0
N. Y. Prod. Ex.. 1,000,0
New Amsterdam 260,0
Astor
860,0
Hide <ft Leather.
600,0

Bank of Metrop.
West Side

Loan$.

Specie.

Legale.

9

$

»

«

3,094,1 19,606.0
2,182,4 26,006,0
1,121,8 12,978,7
2,313,3 14,206,0
3,168,1 22,125,0
248,1
6,443,0
6,160,1 117,000.4
6,997,3 25,126,6
236,1
4.866,1
1,932,0
9,466,1
72,1
1.076,9
126,6
2,663.0
178,3
1,103,4
602,1
6,298,2
234,4
4,407.1
626,9
6,266,6
3,186.9 34,838,0
6,940,1 76,696,4
1,613,2
6,808,3
1,333,6 14,796.0
608,6
2,808.2
1,223,8 19.002,1
994,6
6,667,2
349,7
2,138,9
927,8 12,960,4
6,379,8 48,715,8
461,6
4.619.0
389,8
3.206,6
280,9
3,780,6
1,101,6
6.043.6
219,0
3.904.1
1,763,8 19,689,0
412,6
2,028.2
6,089,6 26.066,0
3,727,4 62,637,0
166,6
1,284,3
3,631,1 26,201,6
626,2 11,430.0
942,6
9,690.0
80,0
2,902,1
9,616,1 43,686.6
118,6
3,406,7
729,2
3,302,0
474,1
8,880,6
396,6
3.426,4
2,442,6 43,932,8
1,362,8
9,426,4
2,82U,8
682,6
837,2
8.097.4
967,6 18.836.8
1,119,8
7,788,3
362,9
2,809,3
7.606,1
1,076,3
446,1
2,720,0
884,6 13,919,0
3,148,1 37.889,4
614,8
4,632,0
680,2
6.766,1
402,8
4,428.2
647,1
7,162,0
4,180,1
339,8
343,2
2,949,6

8,847,0
6,228,0
1,960,2
2,938.0
8,236,6
992,0
20.128,8
4,723,1

876,0
1.110,4

296,6
841,0
126,3
1,196.3

667.7
688,6
11,384,0
7,982.8
932,7
1.663.6
296.0
3,120,6
768,0
266,1
1,940,6
8,934,6
632,6
709,6
442,2
987,3
919,6
8.879,0

249,6
4,636,0
11,663,0
289,6
2,701,0
1,967,0
1,627,0
694.1
8,447,1
672,0
400,0

820,0
622.0
12.067.8
2.656,7
238,0
412.6
2,406,9
1,824,1
464,8
1,234,8
432,0
2,666,0
8,440,8
398,0
1,188,6
767,1
1,613,2
828,3
460.1

Depoeite

DIVIDENDl
Name

atrvi

P.O.

1,689,0 19,724,0 25-6
2,170,0 29,189,0 26-3
1,765,4 16.142,9 24-6
807,0 14,799,0 26-3
2,615,2 24,551,1 28-8
280,0
6,187,0 246
6,876,6 133,608,2 26-9
2.214.0 25,103,3 27 6
641,6
6.607,6 26-2
856,2
7,916,3 34-8
1,293,1 30-0
90,9
271,0
3,005,0 20-8
127,4
1,000,8 26-2
6,462.5 36-4
197,1
6,712,4 23-3
777.7
6,016,9 17-6
380,1
2,226,0 86,197,0 37-6
7,342,4 66,893,9 33-0
4,964,3 26-8
347,2
1,661,8 14,333,4 28-1
8,689.4 360
630,7
1,366,4 19,826,9 22-6
6,827,2 26-8
1,031.8
3,003,6 39-2
633,6
1,447,6 18,746,2 24-6
27-2
64,716.8
6.987,6
4,773,0 24-8
662,9
8,666,2 26-2
216,4
3,283,6 22-4
294,7
6,470,1 27-7
809,8
4,617,1 36-2
266,6
2,407.0 33.188.0 34-9
2,193,0 38-6
486,0
1,469,0 28,613.0 26-4
3,798.0 63,673,0 24-3
1.688.2 S2-4
224,1
8,819.0 27,183,0 33-1
1,606.0 14,234,0 -260
973.0 10,641,0 33-7
3,430,8 37-6
261,6
2,284,1 44,416.3 24-1
8,682,0 34-7
318,8
3,737.0 31-0
388,0
4,769,8 368
406,6
3,260,8 33-8
266,0
2,191,1 63.989,0 263
263,6 10,769,2 26'1
847,4
8.380,1 81-9
4,697.1 19-0
466,4
1,660,1 16,441,7 '246
8,086,6 26-5
246,3
136,6
2,839,& 26-2
8,496,4 23-3
746,1
3,164,0 36-6
874,0
3,036,0 17.278,0 37-1
2.668.7 44.042,1 34-9
4.888,0 26-6
906.0
626.0
6,766.8 26-2
4,431,4 36-3
372.0
8,718,4 26-6
799,7
196,7
4,305,1 23-8
93.0
2,354,8 34-0

Reports of Non Member Banks.—The following is the
•tatement of oondition of the non-member banks for the
week ending June 22, based on averages of the daily result.
We omit two ciphers (00) in ail cases
Capi-

(00s omitted.)

tal.

Sur- Loan* 6c
plus.

Invest- Specie

mentt.

NBW yOBK

Borough

with
Leo. T. Deposit,
Net
AB'fc. Olear'g Other DeposiU
Notes. Agent. BksJcc

CITT.
o}

Hanhattatv,
Colonial..

I

t

1893,7
37,1
2686,0 196,0
1140,1
61,8
1429,4
68,1
1276,8
7.7
1626.9
92.1
2436,8 140,1
1846,6
27,6
1386,0
24,4
2796,0 165,0
1092,6
16,4
8391.0 261.0
1314,0
88,7
1100,4
42,3
2270,8
68.0
1663,9
03,4
674,2
9.3
448,6
10,3
907,2
14,8
606,0
4.9
141,6
8,«

116,1
128,0
64.7
67.2
74,8
101.3
99.0
184.8
143.2
148.0
68,1
131.0
160,6
92,6
296,3
107,4
34,3
22,4
60,9
44,8
23,7

198,1
149,0
179,4
221,9
190,0
101,1
387,6
184,2
299,8

117,8
179.9
163,8
37,4
70,6
64.4
603.6
366,1
185,9
20,7
643,2
672,2
142,0
132,7
64,6
72,8
236,9
66,8
64,4
66,6

1298,8
161S.2
1278,1
348.7
690.6
747,6
2760,0
3606,9
1023,8
668,3
3904,0
2910,0
899,4
967.6
324,6
666,3
1240,8
483.7
628.0
826,8

103,4
98,4

60,9
86,0

641.4
748,2

%

100,0
300,0
100,0
Fourteenth Street. 100,0
Oansevoort
200,0
Hamilton..
200,0
260,0
Mount Morris
200,0
Mutual
Nineteenth Ward. 200,0
100,0
Plasa
100,0
Biverside
100,0
State
200,0
Twelfth Ward
Twenty-third W'd 100,0
200,0
Union Square
100,0
Torkvllle
100,0
Washington
200,0
FideUty
100,0
Varlck
200,0
Jefferson
100,0
Century.....
Boro'h of Brooklyn.
Bedford
160,0
100,0
Broadway
Brooklyn
800,0
100,0
Eighth Ward
Fifth Avenue
100,0
Kings County
160,0
Manufacfra' Nat'l. 263,0
600,0
Mechanics
Meoh's' <& Traders' 100,0
100,0
Merchants'
Nassau National.. 300,0
300,0
National City
100,0
North Side
100,0
People's
100,0
Schermerhom
Seventeenth Ward 100,0
200,0
Spragae National
Twenty-sixth Wd. 100,0
100,0
Union
100,0
Wallabout

Columbia
Eleventh Ward.

.

138,8
;l,i
209,3
123,0
72,9
21,7
100,8
67,1
161,1
136,8

213.8
125,1
273,6
32,2
74,9
363,5

209
26,4
94,6
63,6
61,9
63,9

t

14,1
19,8
60,0
12,4
33,9
83,7

328,7
160,0
18.7
7.0

166.0
138.0
10.6
38,6
13,1
7,3

100.7
11,8
24,6
41.2

80,8
122,0
162,3
63,7

487,6
197.8
*i'*
47,6
84,6
106,1
49,3

81.4
49,0
10,0
23,1
49.2
26.8

27,2
10.0

93,4
184,7

287,0
216,0
61,8
88,8

60,0
14"6
80,0
61,9
262,6
172,0
....

174,7
210,1
140,2
48.6
63,1
93,0
642,8
304,1
89,6
92,6
610,0
669,0
48,7
44,1
66.2
67,0
200,0
102,3
84,7
42,6

36,1
36,2
30,1
26,2
171.4
166,4
61.6
44,4

«
3,0

244,C
.

77,9
20,0
4.0
^

8,8
38,7
....

125,6
6,9
4.6

22,8
10,6
• • •

66,3
....

36.0
117,0
77,4
46.1

343,8
32,4
78,0
2,0
90,7
33,7

1976.0
2741,0
1359,0
1607,6
1388.9
1746,<»

3089,1
1617.6
1838,3
3086,0
1171.6
3925,0
1830,2
1341,7
3979,7
1638.9
641,0
873,7
917,6
623,6
66,8
1496,9
1611,1
1268.4
839,2
661,2
760.9
3487,4
3992.0
1022,6
723.7
4160,0
3420,0
844,6
868,9
619,6
623.6
1237.0
628,2
746,9
814,9

When

Per

Company.

Books Closed.
(Days Inclusive.)

I

Cent Payable

Railroads (Steam).
Atlantic Coast Line liR.,
Cliattahoocliee

& GuU

com

1^

Pitts. Clnn. Chic.

do

&

St. Louis,

2

1\

com

J'ne 26

Not

J'ly
J'ly

J'ly

Aug

Aug

J'ly
134 J'ly
1^4 J'ly
J'ly
4
234 J'ly
J'ne
3

J'ly

1

do
do
pref
Pitts. Ft. W. & Chic spec. guar, (quar.)
do
do
reg. guar, (quar.)
Rich. Fred. & Pot., com. and div. obll.
Worcester Na,shna <fe Rochester
Wrightsville <fc Tennille, com. and pref.
Street Knilvrays.
Capital Trac, Wash.. D. C. (quar.)
Cleveland Oity By. (quar.)
Cleveland Electric By. (quar.)
Consolidated Trac. Jersey City
Fairhaven <fe Westv., New Haven (qu.)
Federal St. & Pleas. VaUey. Pittsburg.
Hartford St. By. (quar.)
Lorain & Cleveland By. (quar.)
Louisville (Ky.) By., com, (quar.)
do

2

,

J'ly
J'ly
J'ly
1
J'ly
1
1^ J'ly
2^ J'ly
IV2 J'ly
34 J'ly
J'ly
1
J'ly
3
Ih J'ly
J'ly
3
212 J'ly
J'ly
2
1 'si J'ly
11^ J'ly
$6 J'ly
J'ly
1
$1 J'ly
1'4 J'ly
1

Ih

By

MontvUle (Conn.)

J'ly

$2 "a J'ly

Cumberland Valley (quar.)
Del. Lack. & Western (quar.)

St.
Newton (Mass.) St. By. (quar.)
North Chicago St. By., guar. (quar.)...
Northern Ohio Trac, Akron, O., pref...
Norwich (Conn.) St.
Philadelphia Co., Pittsb., com. (quar.).

By

Beading (Pa.) Traction
13th <fe 15th Sts. Pass., Philadelphia...
Toronto (Canada) By. (quar.)
United Power A Trans., Phlla
United Rys., St. Louis, pref. (quar.)

4
2
7

to
J'ly 1
closed.
to
J'ly 19
to
Aug 14
to
J'ly 14

J'ne 21
J'ne 23
J'ne 22

to
to
to

J'ly

J'ne
J'ne
J'ne
J'ne
J'ne

to
to
to
to
to
to
to
to
to
to

J'ne 30
J'ly 4

16
25
28
30

20

22 J'ly 15
I J'ne 27
5 J'ne 29
I J'ne 22
J'ne 28
1

I

4
J'ne 30
J'ne 30

J'ly 7
J'ly 15

J'ne 30
J'ly

22

J'ne 30
J'ly 5
J'ly
J'ly

1
1

15 J'ly 7
to
J'ly 15
to
1 J'ne 26
J'ly 1
1 J'ne 28
to
J'ly 1
20 Holders of rec. J'ly 10*
1 J'ne 26
to
J'ly 9
1 J'ne 22
to
J'ly 4
2 Holders of rec. J'ne 20
10 Holders of rec. J'ne 29
10 J'ne 30
to
J'ly 10

Banks.

Bank of America
Bank of New York, N.
Bowery

B.

J'ly
J'ly
J'ly
J'ly
5
SHj J'ly
4 J'ly
3 J'ly
10 J'ly
2'2 J'ly
J'ly
5
J'ly
5
5 J'ly
3 J'ly
4 J'ly
6 J'ly
3 J'ly
7 J'ly
25 J'ly
J'ly
3
J'ly
1
J'ly
2
J'ly
3
6 J'ly
J'ly
3

Ward

&

Importers'

Traders' National

Kings County, Brooklyn
Leather Manufacturers' National
Manufacturers' National. Brooklyn
Mechanics & Traders', Brooklyn
Mercantile National
National Bank of North America
National Broadway
National Citizens'
National City, Brooklyn
N. Y. County National
North Side, Brooklyn
do
do
(extra)
Riverside (quar.)
Seaboard National
Second National
Sprague National, Brooklyn

22
26

J'ne 26
J'ne 22

to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to

J'ne 30
J'ne 30
J'ne 30
J'ne 30

1

J'ne 22
J'ne 21
J'ne 20
J'ne 26
J'ne 26
J'ne 28
J'ne 19
J'ne 19
J'ne 29
.ruf 25

1

J'ne 29

1
1
1
1
1
1

5
6

Broadway, Brooklyn
Eleventh
Hamilton

J'ne
J'ne
J'ne
J'ne
J'ne
J'ne
1 J'ne
1 J'ne

8

A

Brooklyn, Brooklyn

1
1
1
1
1

1
1
1

1
1

1

1
1

21

28
26
22

26
22

J'ly
J'ly
J'ly

1

1
1

J'ne 30
J'ne 30
J'ne 30
J'ly

1

J'ne 30
J'ly

1

J'ne 30
J'ly

1

J'ly

1

J'ne 30
J'ly
J'ly
J'ly

7

7
1

J'ne 30

to

J'ly

J'ne 30

6

to
to

J'ly

1

6

to

J'ly

9

1

Trust Companies.
Central (quar.)

15
3

Manhattan
Peoples, Brooklyn (monthly)

Union

J'ly
J'ly
J'ly
J'ly

1

(quar.)

8

1 J'ne

19

J'ne

10 J'ly

1
1

Fire lusui-auce.

Hamilton

Amer. Car

BANES.

of

R«.

74,099,8 96,691,8 902,766,8 1732969 79.026.6 983,844,2 26-6

TotAl

[Vol. LXXII.

Miscellaneons.
Foundry, com. (quar.)
do
pref. (quar.)

&

J'ly

1

Aug
Aug

1 J'ly

11
to
to
1 J'ly 11
to
1^2 J'ly 15 J'ly 2
1^2 J'ly 20 J'ne 30
to
J'ly 15t J'ly 1
to
do
do
do
(extra)
J'ly 151 J'ly 1
to
American Tobacco, com. (quar.)
Aug 1 J'ly 16
to
do
do
pref. (quar.)
Aug 1 J'ly 16
to
2
American Type Founders (quar.)
J'ly 15 Holders of rec.
1
American Woolen, pref. (quar. )
1'4 J'ly 15 J'ly 3
to
Boston Elec. Light (quar.)
to
$2 Aug
1 J'ne 30
do
do
do
(extra)
tc
1 J'ne 30
$1 Aug
General Aristo, com. (quar.)
J'ly
1 J'ne 16
to
do
do pref. (quar.)
1'4 J'ly
J'ne
16
to
1
Kodak, Limited, com. (quar.)
2^2 J'ly
to
1 J'ne 16
do
do
pref. (quar.)
to
1 J'ne 16
I'a J'ly
N. Y.
N. J. Telephone (quar.)
1>2 J'ly 15 Holders of rec.
Pittsburg Plate Glass, com. (quar.)
to
1 J'ne 20
IHj J'ly
Ball way Automatic Scales, com. (qu.).
1
l>a J'ly
do
do
do
pref. (qu.)..
J'ly
2
1
Stetson (J. B.), com
to
5 J'ly 15 J'ly 10
do
pref
do
J'ly 15 J'ly 10
4
to
Streets' West. Stable C. L., com. (qu.). 50c. J'ly 25 J'ly 16
to
United States Mortgage
Trust
6 J'ne 29 Holders of rec,
United States Projectile (quar.)
J'ly
to
2
1 J'ne 27
do
do
do
(extra)
to
J'ly
1 J'ne 27
2
Virginia-Carolina Chem., pref. (quar.).
J'ly 15 J'ne 27
to
2
Westmghouse Mach., com. and pf. (qu.) 1>3 J'ly 10 J'ly 1
to

do

>2

do

1'4

American Ice, pref. (quar.)
Amer. Pneumatic Service, pf. (quar.)..
American (Bell) Telep. <feTeleg. (quar.)

\

&

&

*

Transfer books not closed.

Spencer
27

&

29

t

Aug
Aug

1
1

J'ly
J'ly
J'ly
J'ly

15
21
15
16

Aug
Aug

1

J'ly
J'ly
J'ly
J'ly

10
15

1

9t
9t

J'ne 30
J'ne 30
J'ne 30
J'ne 30
J'ly

6

J'ne 30
J'ly 15
J'ly 16
J'ly 25

J'ne 29
J'ly 1
J'ly 1
J'ly 18
J'ly 10

Correction.

Trask &
BANKERS,

PINE STREET,

Co.,
NEir

TOBK

Transact a general banking business; act as Fisca
Agents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in

INVESTMENT SECURITIESMembers N. T Stock Exchange.

Branch

Office, 67 State St.,

Albany

Borough of
Richmond,.

Bank

of Staten Isl
l«tNat.,Staten Isl

Other Oitiea.
Ist Nat., Jer. City.
Hud. Co. Nat., J.C.
ad Nat., Jer. City
8d Nat., Jer. City.

26,0
100,0

16,1

40,2

400,0 906,4 4889,3 236.8
360,0 670,4 2086,0
63,0
260,0 320,6 1284,7
81,9
46,6
200,0 241,8 1014,9
IstNat., Hoboken. 110,0 466,8 2093,2 100,2
2d Nat., Hoboken. 136,0 109,2 823,7 29,9

297.9
66,8
16,8
68.2
28.8
37,1

....

631,6
803,3

911.2 1278,2
333,6 130.S
...
244,9
241,9
64.1
112.3
17,8
76,9
6,6

6467,8
1986.3
1189,7
1028.6
1824,3
816,0

28,0

Totals JDne 22- 8062,0 9072,2 71211,4 8154,7 4161,4 9036,7 3621,6 79664,2
Totals June 16. 8062,0 9072,2 70849,7 3066,0 4888,0 8918,5 3662,4 78813.8
Totals June 8 |8062,0 8994.6170180.2 3061.8 4248,2 9217.0 2663.6 77561

AXEXANDEB M. WHITE

QBOBOE BABCLA.T MUFFAT.

Moffat

&

JjB

White,

BANKERS,

...

Members New York Stook Exchange,

No.

1

NASSAU STREET,

NEW ¥OBK

INVESTMENT SECURITIES.

June

THE CHRONICLE.

29, 1901.]

1267

—

State and Railroad Bonds. Sales of State bonds at the
this week are limited to §12,000 Virginia funded debt
2-3sat95.
The market for railway bonds has been relatively steady
For Dividends see page 1266.
and strong on transactions which were limited to less than
WALL, STREET. FttlDAY, JUNE aS. 1901.-5 P M.
Fluctuations have been nar§2,500,000 par value per day.
Market and Financial Situation.— A ten row, and final quotations are about equally divided beMoney
The
dency to weakness in the security markets until near tween higher and lower prices. As usual, there are a few
the close of business on Thursday is clearly attrib- notable exceptions to the general results, prominent among
utable to money market conditions at home and abroad. which are Mexican Central consol. 4s, which advanced
The failure of a prominent German bank and suspension of nearly 5 points, and Central of Georgia 2d incomes. Union
a less important one in New York, added to the general Pacific convertible 4s, Wabash debenture Bs and Wisconsin
reparation for heavy July 1 disbursements, resulted in Central 4s, which declined from 1 to 4 points. Among the
S igher rates for money and a feeling of caution on the part active features are Erie, Baltimore & Ohio, AtchLson, Southof lenders. American securities were freely sold for Conti- ern Pacific, Northern Pacific, Reading, Norfolk & Western
nental and London account, and there has been more or less and Wheeling & Lake Erie issues.
liquidation of speculative holdings on the conditions menStock and Bond Sales.— The daily and weekly record of
tioned. It is a significant fact, however, that prominent Wall
stock and bond sales at the various stock Exchanges, forand
notwithdecline,
the
on
purchasers
Street houses were
merly given on this page, has been transferred to a place by
standing the suspension this morning of an old and well-known
itself.
It will be found to-day on page 1274.
generally
well
are
quotations
Stock Exchange house, closing
above the lowest of the week. There have been no exports
Railroad and Miscellaneoas Stocks.— The stock market
of gold this week, and the foreign exchange market has has been weak, the principal causes for which are noted
been easy. We have referred to the July Ist disbursements above, and the volume of business the smallest in many
as being very heavy, and the loosening of this large amount months. The total transactions on Monday were less than
of funds is expected to bring substantial relief to the money 500,000 .shares, and for the week they averaged only a trifle
market. Call loan rates temporarily ran up to 15 per cent over 600,000 shares per day. There were few exceptions to
on Thursday, but fluctuations were within narrower limits the general tendency of the market, and notwithstanding a
substantial rally to-day from the lowest, a coasiderable
to day.
The open market rates for call loans on the Stock Exchange list of active stocks closes lower than last week. Among
during the week on stock and bond collaterals have ranged the exceptions are New York Central, which sold up to 160
from 31^ to 15 per cent. To-day's rates on call were 6 to 11 on Tuesday and closes, ex. dividend, at 1583^^: Illinois
per cent. Prime commercial paper quoted at 4 to ^% P^"" Central, Iowa Central preferred and Minneapolis St.
cent.
Paul & Sault. Ste Marie preferred, which have advanced
The Bank of England weekly statement on Thursday from 4 to 8 points. The notably weak features were Union
showed an increase in bullion of £634,790 and the percent- Pac. and St. Paul, which show a net loss of from 3 to 4 points.
The miscellaneous list has been generally weak and featage of reserve to liabilities was 49-50, against 51*79 last
week; the discount rate remains unchanged at 3 per cent. ureless, the most notable exception being General Electric,
The Bank of France shows a decrease of 2,400,000 francs in which sold 43^^ points above its previous highest record, and
gold and a decrease of 1,235,000 francs in silver.
closes with a substantial net gain.
The New York City Clearing-House banks in their stateOntside Market. —The outside market this week has been
ment of June 22 showed a decrease in the reserve held of
inactive and prices have been irregular. It closes to day
rather
$3,508,300, and a surplus over the required reserve of
and
somewhat weak. The unsettled conditions on the
quiet
week
previous
$6,611,350, against §8,782,125 the
Stock Exchange, consequent upon the closing of the Seventh
IHffereneei
National Bank and the failure of Henry Marquand & Co.,
1899
1900
1901
from
June 24
June 23
June 22
of course have had some effect on the curb market. Those
previous week
stocks which were in greatest demand last week have again
$
$
$
$
led the dealings this week, but at lower prices. American
68,922,700
72,222,700
74,099,300
Capital
- 77,653,300 Can common, which sold last Friday at 283^, closes to-day
88,430,400
96,591.800
Bnxplud
902,755.300 Ino 1,811,400 810.025.800 778,868.400 at 26^, the preferred declining from 76^ to 7.5%. American
Ijoans & dlsooants
13,586.600
16,900
23,033,100
Oircnlatlon
30,887,500 Deo
982,844,200 Deo 1,350.100 890.992.000 909.004,800 Locomotive common has fluctuated between 84 and 32,
Net deposits
Specie
173,296,900 Deo 3,856,500 166,224,200 194,003,400 closing at the latter figure, while the preferred moved from
68,945,600
72,048,300
79,025,500 Ino 1,348,200
Legal tenders
Seaboard common has
883^ to 89 and back to 883^.
Beseryeheld
262,322,400 Deo 2,508,300 238,272,600 252,949,000 dropped from 30% to 293^. and the preferred from 53?8 to
337,526 222,745,650 227,251,200
Legal reserve
245,711,060 Deo
51%, closing at 613^. U. S. Cotton Duck has been dull; the
25,697,800 common closes to day at 333^ bid and preferred at 913^ bid.
15,526,850
6,611.350 Deo 2,170,775
Sorplas reserve
N. Y. Transportation has been fairly active at 143^ to 13^|,
NOTK.— Betoms of separate banks appear on pages 1266.
Otis Elevator common, on rumors of a possible dividend,
Foreign Excliange. The foreign exchange market was rose to 373^ on Tuesday, but closes this afternoon at 35 bid;
dull and weak on a larger supply and a limited demand for the preferred rose to-day to 96. Detroit Southern comThe tone was somewhat firmer on Thursday and mon advanced on Monday to 173^. It subsequently sold
bills.
to-day.
off to
16.
The preferred was firm and dull at 40
To-day's actual rates of exchange were as follows: Bank- @41. Consolidated Tobacco 4s have been fairly active
ers' sixty days' sterling, 4 85>4'@48534; demand, 4 87X@i 88; between 69% and 683^, closing at 69.
St. Louis Transit
cables, 4 8834 @4 88J^; prime commercial, sixty days, 4 84;Y@ and United Railways of St. Louis shares both advanced,
4 85; documentary commercial, sixty days, 4 84 '.^@4 85)^; the Transit to 27J^ and United Railways to 813:i. Union
f-ain for payment, 4 85^4 85f4; cotton for payment, and White Knob have been the most active of the copper
stocks, the first-named at Q%@1 and the latter at 163^@
84J^@4 843^; cotton for acceptance, 4 843i^@4 85.
Posted rates of leading bankers follow:
Old Colony Gold, which sold at about 90 cents on
163^.
Jime
sold as high as §1 70 this week. A new stock on
1,
Demand
Bixty Day»
June 28
the curb this week has been Consolidated Refrigerating Co.

^anlijers^

(^^^ttU.

Board

^p

.

—

4 86
Prime bankers' sterling bills on London.
4 84\ '®4
Prime commercial
4 84>4 '94
Doonmentary commercial
618'8 ®6
Paris bankers' (Francs)
Amsterdam (guilders) bankers
403l8®
«
Frankfort or Bremen (relobm'ks) bankers 95

4 89

86
8614
17>u* 6I6I4
40>4
40»8

®616»8*

®

40^19

95iie

at 9 to 10)^. Denver Southwestern RR. securities, which
have been active hitherto on the curb, were admitted to
the Stock Exchange list on Wednesday. The list of outside

quotations will be found on page 1274.

Auction Sales.— Among other securities the following, not
The following were the rates of domestic exchange on regularly dealt in at the Board, were recently sold at auction.
By Messrs. Adrian H. Muller & Son.
New York at the under-mentioned cities to-day: Savannah,
Slocks.
Sloclcs.
buying 1-16 discount, selling 75c. premium; Charleston,
113 Meohanios' Bank of
37 Herri ng- Hall Marvin
buying par, selling % premium; New Orleans, bank, $1 00
Brooklyn
214^4
Co..;i8t pref. it $50 scrip.S9?i
premium; commercial, 75c. discount; Chicago, 30c. premium; 43 Amer. Exch. Nat. Bank. 260
8 Her ring- Hall Marvin
1 Clinton Hall Association 50
Co., 2d pref. A- $69 scrip
5
St. Louis, par; San Francisco, 12J^c. per $100 premium.
20 N. Y & Rock. Beach RR. Z^
25 Lawyers' Mortgage Ins.
190
30 Bank of the State of N.Y. 28 3
Co
United States Bonds. — Sales of Government bonds at the
39 Lawyers' Title Ins. C>'.305-310
13 National Butchers' <&
Board include $1,000 3s, coup., at lOSj^, and §12,000 48,
Drovers' Bank
liek
25 Mercantile Nat. Bank. ..280
coup., at 138^ to 1393^. The following are the daily closing
Stocks and Bonds.
402 »a
25 Colonial Trust Co
*

Less

ij«.

quotations

;

for ytarly range see third
Intertst

Periods
registered Q28, 1930
coupon Q2s, 1930
.ama.l.regl8terod
1930
...
2s,
coupon ...
2s, 1930 .small
registered Q3s, 1918..
coupon Q8s, 1918
Qsmall.registered
3s, 1918,
coupon QSs, 1918, small
reglsteredjQ48, 1907
couponlQ4s, 1907
registered Q48, 1925
couponlQ48, 1925
68, 1904. ....... .reglsteredj(3oouponlQ68, 1904

This is

-Jan
-Jan

June
22

June
24

page
June
25

folloioing.

June
26

I

June
27

'106'u •106 >a '106>» '10634 '107
'107
•107
'107
•10734 107

-Feb -10834 * 108*4 * 10834
-Feb * 108^8 •IOSHj * 10834
-Feb
-Feb *\6%Q *i08ii *i08'^
-Jan m2>g| •112Hj *112»a
-Jan *113Vj *113«a *113>a
-Feb *138'4 *138»4 13834
-Feb * 13834 13834 *13834
-Feb 108»4 * 10834 10834
-Feb * 10834 *108S4 10834
I

the price bid at the morning board; no tale

1

\

June
28
•107
» 107 la

10834 10834 *10834
10834 10334 *10834

ibsi^ 108 Vj •108 >»
112Hi *112>3 '112>«
113»a 113ig 1134

139
139

139

139
139 14' 139

10834 10834
10834 10834

was made.

108»4
108*4

100 Trust Co. of America.. ..27914
8 Irving National Bank. ..201^
13 German- Amer. Bank
\3d^
15 Nat. Citizens' Bank
170ifl
5 Merchants' Nat. Bank... 200
100 Welles Mfg. Co
1
30 Nat. Bank of Commerce.410
1 Memb. share Adirondack
League Club
$511
35 N. Y. Produce Exohance

Bank
Brooklyn

4,900

Warehouse
2

64 Standard Mllli'g Co., com. ) ,.
do
scrip 5 °^
$16 66 do
4 Standard Milling Co., pref. > ««.
*"^
do
scrip. >
$16 66 do
Bonds.
$1,400 Brunswick & Chillloothe RR. 1st 8s, 1903;
F&A
103 & Int.
$700 Securities Co. 4 per ct.
registered ooneols

90

16Si4-17m $55,000 Ohio Southern RR.
gen. consol. 4s, trust co.
Wharf &,
Co..

pref.

"B"....13o. to55o. per share
Chemical Nat. Bank.... 40£0
250
Singer Mfg. Co
Title Guar. & Trust Co..525i6
60
Rutgers Fire Ins. Co

20
10
48
10 Twenty-third Ward B'k.l40

certificates
8
$40,000 Manhat. Beach H. &
L. Co. gen. 48, 19 JO; M&N. 60
$2,166 67 Standard Milling
72»«-72a8
Co. Ist 5e, 1930
$2,000 U. S. Carbonate Co. of

N. J.

6s.,

1905

$125

.

New York

Exchange— Stock

Stock

.

'

Record, Daily,

Weekly and Yearly

OCCUPYING TWO PAGES
STOCKS—HIGHEST AND LOWEST SALE PRICES
Monday

Saturdau
June 22
*2S
*55

Tuesday
June 25

June 2i

31
60

*23
*50
88

Wednesday
June 20
•28
*55

29
60

Thursday
June 27

STOCIiS

NEW YORK

Friday
June ^8

29
53

2534

•55

Sales of
the

STOCK

Week

EXCHANGE

Shares

Rnilroads.
Arbor.

Ann
Do

26
60

Eange for Year 1901 VEange for Previous
On basis of 100-share lou\\
Year (1900)
Lowest

400 20

Highest

Feb 20 30

I

Apr22

Lowest
16

Highest

Sep

25

Deo

52% Mavis 64 Apr 22 40%J'ly 59 Deo
8684 8858 Atch. Topeka
Santa Fe. 125,465 42i4Jan21 91 J'ne - IgSsJ-in 4884 Dec
1U5 IO514 104'% 1051b 10333105
1027^10414 102% 104% 10334 105
1)0 pref
44.350 70 May 9 108 Mav
58% Jan 8938 Deo
107141071-. 106 IO714 10678 107% Bait.
Sioynio'Ji-. IO8I4IO9
107 108
Ohio, vot. tr. ctfs.
6,540 8184Jan 4 114% May 3 5514 Jan 89 79 Apr
*94a4 95
95
95
94% 94-is 94% 94% -9414 9434 •9414 9484
Do pref. vot. tr. ott's.
400 8358Feb28 97 J'ne " 7284 Jan 90 Apr
8068 82-6
8034 82
80% 8258 81
821a 83 7g
82% Brooklyn Rapid Transit.. 121,935 68% May 9 88 78 Apr 22 47% Sep 8379 Deo
* 94 1-2 98
'•P4ia 97
95
?9478 9478 •94% 100
95
*94%100 Buffalo Rocli.
150 77 Marl 9 95 J'ne20 52 Feb 85 Deo
Pittsb'g.
128ial28ii I27I2I27I0 '127 129
128 128
'125 129
*125 129
Do pref
300 116 Mar
128%J'ue24 92 Jan 125 Deo
IO413IO5I4
lOGSalOG^, 105 1051-2
104 10434 10234 10438 104 10434 Canadian Pacific
9,400 87 May
117%May
3434 Sep 993^ Feb
69-8 7038 •69
70^8 70 ij
7018 7016.
70% 68% 68I4 a;68% 68% anada Southern
1,100 54% Jan
73%Aprl9 4759 Feb 61% Deo
•160 163
IO3I4I66
1621^163
166% 166^8 165 166% 165% 167 Central of New Jersey...
1,600 14584 Jan
167 J'ue28 115 Jan 130% Deo
49ig
49 'a 49'f.
4934
48
49
48
48% 47% 48% 48
48% Chesapeake Ohio
8,050 29 May
525gMay 3 21 J'ne 4284 Deo
45I4 46 14
46 "4 46^4
45
46
45
46
4534
4484 45% Chicago
44
12,020 27 May
Alton
50%Apr30 31 Oct 42 Deo
79^4 80
78
79% 78I4 7334 •7314 79
791a 80
791a 80
Do pref
4,140 72% Jan
82% Apr 30 6884 Nov 78%Deo
196=8 196^6
1961a 19634 196% 19634 196%1967e 10678 19676 sChicago Burl. & Quincy_
3,100 138% Jan
19979 Apr30 ligisJan 144 Deo
•130 133
133
'125 130 Chicago
123 128
100 91 Jan
East'n lUinois
13534 Apr 29 88 Jan 109 Mar
3134I4I34I4
•ISO 134 *130 134
'130 134
Do
47 120% Jan
pref
136 Apr IS 119% Dec 125 Aug
24I4 2578
24I4 2484 Chicago Great Western.. 20,800
26
26 '-J
2513 2638
24
25
2339 2434
16 Jan
26% Apr 29
979 Sep
18 Dec
•90
93
*91
»91
9212
92
99% •90% 92% •91
94
Do 4 p. c. debentures
9I84 Jan 23 9434 Mario 81 J'ne 94% Deo
89 12 •86
89 b 89 H:
•8378 86
89
891a 90112
88% 86
86
Do
1,290 75 MaylO 90%J'ne24 68% Aug 82 Dec
5 P.O. pref. "A"..
53 "u 53 v *53
5334
-52
•52
53
*52
53
63
53
63
Do 4 P.O. pref. "B"..
720 42 Jan 3 56 Marl4 30 J'ne 45 Deo
36I4 37% Chic Indianap.
3818 39
381a 39
36% 37
361a 38
35% 37
7,900 23 Jan 21 40% J'ne 4 14 Jan 29 Apr
Lonisv
•73
*73
74
7312 •72
74
72
72 14
73% 73% 72% 7284
Do pref
1,200 6884 Jan 21 7534 Apr
45% Jan 64 Deo
177''8l79'>j 176141781s I72I4I7714 172
17434 17038 17414 172 17478 Chicago MUw.
St. Paul 3 35,590 134
May 9 188 Mav
108%J'ne 148% Deo
-190 193^2 *190 193 518934 I8934 •188 190% '188 190
'188 190
Do pref
80 175 May 9 200 May
169%
Jan 187% Deo
•202 205
203 12 2031-; 200 202 *200 202
199 200
200%200% Chicago Nortli Western 1,007 168% Jan 21 215 Mav
150% J'ne 17284 Deo
220 220
100 207 Mar 1 248 April 195% May 220 Deo
Do pref
169 169
169 169
16658 I68I4 106 167
164 167 n57 157 Chic. Rock Isl'd <fe Pacilic
9,406 11678 Jan 4 175% J'ne 5 102 J'ne 122% Dec
•125 145 *125 145 "125 145
125 145 Chic. St. P. Minn.
140 140
125 145
100 125 Mar 2 145 April 110 Oct 126 Nov
*184 198 184 187 *184 198
'184 198
184 198
Do
pref
180 Mar29 201 April 172 Feb 175 Mar
23 14 2334
23I4 24I4 Chicago Term'l
22I2
22^8 2334
22 14 23%
22
22% 23
7,100 10% Jan 19 31 Aprl6
Transfer.
8% Oct 148^ Deo
44
44 V
44
44
4534
45
44
44% 45
46%
431a 44%
Do
11,300 33 Jan 21 57% Aprla 26% Oct 3984 Apr
pref
85 >4 86
86^8
86
8738 Cleve. Cm. Chic.
86
87
86% 8734 87
851a S63i
7,600 73 May 9 90 Apr 19 55 J'ne 76 Deo
St. L
•116 120 *115 120 *116 120
•116 119
lie 120
Do pref
11534 Jan 12 121 Apr20 103% J'ne 118 Deo
*
35
*.•* od
35
36
35
Cleve.
Lorain
Wheel'g.
2758 Jan 7 37 Mar 6 14% Jan 30 Nov
'"""
*69" 74
74
74
•69
74
74
74
Do pref
68 Jan 16 77% Feb 8 46 Jan 72 Apr
16
I4I4
15
I4I4
1434 15
1434
1434
14%
14% 1434
14% Colorado So., vot. trust 6,950 658 Jan 21 18 Apr 29
334 Deo
5 Sep
6 03* 51
5II4
6II4
S50ia 5OI2
5134
61
5034
6084
51%
511a
Do 1st pf. vot. tr. cfs
1,850 40 Jan 31 56% Apr 29 36 Sep 47% Mar
•23
23ii
23
23
2284 2284 •22% 23
2214 22%
22% 2284
Do 2d pf. vot. tr. ctf8.
800 16%Jan 4 2384 Apr 29 14 Sep 20% Mar
165 166
166 166
16518 167
165%166
164 166% 167 167 Delaware
Hudson
3,000 105 May 9 185% Apr 3 106% Sep 134% Deo
•237 238
237 237
235 236
234 235% 235 237% 237 237%
ela-w. La«k.
West'n.
1,950 188i4Jan 3 244 May28 171% Sep 19434 Deo
•5112 52»4 '51
62
5034 5034 •58
50
51
50 Denver
48=8 49
Rio Grande....
1,100 29% Jan 21 53% May 6 1678 Jan 34% Deo
aoi 101
100 10034
99 100
9314 99
98
98% 9384 lOOTg
Do
pref
4,200 80 Jan 21 103%J'nel4 64% J'ne 87 Deo
42^8 42%
4234 44 12
40
3934 41
3934 4934
40 Des Moines & Ft. Dodge.
421a 4234
4,950 18 Jan 30 45 J'ne 5 12 J'ne 21 Deo
12
12
1134 12
1158 ll's
11% 11% Dtauth So. Shore <S; AU.. 1,295 5 Jan 9 12%J'ne 5
4 J'ne
6% Mar
21I4 2II2
2114 2II2
2014 •I914 2084
20
20
211a •2014 2II4
Do pref
3,870 13=8 Jan 8 22 J'ne 5 12 J'ly 2078 Nov
431a 437;
4358
43
4134 43
41% 4238 4034 42% 4178 4338 Erie
109,560 24% May 9 45% J'ne 4 10% Sep 27% Deo
VIJ4
71
71
70
71
70
70% 71
703a 73
Do 1st pref
25,550 5934 Jan 21 73 J'ne28 3089 Sep 63% Deo
5713 5734 •561a 58
67I4
561* 5734
56
66
56
Do 2d pref
3,900 39% Jan 4 61 Mar21 15 Sep 43% Deo
561a 67
•551a SI
*55ia 57
•55
57
67
61 Evansv.
Terre Haute..
5,400 41 Jan 31 68 Apr 12 38% Oct 5438 Mar
•88
'88
94
•88
94
94
94
Do pref
81 Jan 4 95 April 74 Oct 94% Apr
Ft. Worth&Den. C.,stmp.
17 Jan 18 36 Apr 20 12% Mar 20 Deo
185 186
I8514I85I4
186 18638 *185 186% •185%186% •185 186%
Great Northern, pref
612 167% May 9 208 Maris 14484 J'ne 191%Deo.
Do rights
22%MaylO 26% May 2
67% 67%
Green B. W., deb. ctf.
65 Jan 2 6734 Feb 14 53%Mar 66 Deo
Do
deb. ctf. B
5i4Sep
359 Deo
7% Jan 28 ll%Apr22
•5413 55
5434 54'i
5618 55%
55
55
54 Hocking VaUey
54% 5434 a;54
800 40% May 9 ST May 6 30% Jan 4278 Deo
781a 78 H;
7858 79
7858 •7584 78
79
79% {7914 79 14 7S
1,580 6934 Jan 21 SO May
Do pref
58 Jan 7484 Deo
148%151i8 I48I4I5I
1471a 148
149 15138 Illinois Central.,
147^814958 14784 149.
52,352 124 May 9 15188 J'ne28 110 J'ne 3284 Deff
41
42 u,*
4934 41% owa Central
39% 42I4 40
42%
4184
40
41
40
19,400 21 Jan 21 4384J'ne21 1178 Jan 2789 Deo
7II2 73
73
76% 74% 82
77
79
79
81% 80
81
20,825 48 Jan 21 82 J'ne25 39 Sep 58 Mar
Do pref
«37ia 371.^ •36
•35
37 14 •36
3514
33
35
540 21 Jan 8 41 J'nelS 10 Jan 25 Deo
38 Kanawha >& Michigan.,
21
21% 21 14 21 14 2II4 21I4 220% 20% 20% 20%
810 13% Jan 4 25 Apr 30
ansas City So. vot. tr..
7 Sep 17% Apr
44
44
100 35 Jan 4 49 Apr 30 27% Sep 4383 Apr
Do pref. vot. tr. ctfs.
*8ia
•8%
912
•8
*o
9%
10
10 Keokuk
534 Jan 3 10%Febl3
Des Moines..
3% May 6 Deo
•35
•35
•35
40
40
•3,5
40
40
Do pref
24 Jan 2 36 Apr 4 14% Oct 23 Deo
130 14 60
•57
•61
62
•53
61
500
61% •69
62
61
3934
Apr
19
14
61
Erie
Jan
21
Mar 52 Deo
<fe
Western...
68%
20%
Iake
•120 125 • 120 126 -120 125
J Do pref.
120 126 •120 125 •113 124
103% Jan 21 130 Mar29 83% Feb 115 Deo
•235
240 2240 240
10 J230 April 5240 J'ne25 5197 Jan 240 Deo
243% 250 •235 250
250 L. Shore & Mich. Sotith'n
74
71
79
•74
•74
80% •75
80
78
77
77 Long Island
6,620 67 Jan 3 82%J'ne2S 47% Jan 89 May
821a
IIOI4IIOI4 10934 llOis 108%11038 10359109% 107 IO9I4 108% 11084 Louis vtUe
Nashville... 49,735 76 Slay 9 11184 J'nel7 6884 Sep 89% Deo
124121254 125%128i4 123%127
12114125% 12384 12514 Manhattan Elevated... 183,8201 83 May 9 13134 Apr 22 84 J'ne 11678 Dec
123 126
1741a 175^' I74I4I77
173 176 a;173 I7514 17214174% 17334 17458
etropolitan Street...
45,213 150 May 9 177 J'ne24 14334 Sep 182 Feb*35
3(31^
•35
36% *35% 36% •34% 36% •35
36% •34% 36 Met. West Side El. (Ohio.)
27 Jan 9 37 J'ne 6 24% Jan 37% Apr
•9II4 95
•90
•91% 95
•91
•91
9«% 293
95
93
92
Do pref
120 79% Jan 15 92 J'ne 5 76 Feb 84% Nov
29
291.
2834 29
23
285; Mexican Central
28% 29
2314 2334
2779 28-4
8,550 1284 Jan 21 30 May 2 10% Jan 1789 Deo
^^'^
1138 11%
10% 107. Mexican Nat'l tr. receipts 5,950 359 Jan 24 15 Apr 16
5 Mar
258 Sep
X\H 11^8 11
11% 1034 11
.ii^'«
105
.
107
•107 .... •107
'107 ....
Michigan Central
107% Mar 4 107% Mar 4 5104 Jan 115 J'ne
lOSiaibsio 106 107% 106 107
Dec
71%
6784
Jan
10979
J'ne21
J'ne
105 106
105 106% 0:10584 106 Minneapolis
St. Louis.
19
45%
3,860
•Hi 115 •113 115 114 114 •113 115 •114 115 xll2 112%
Do pref
600 10184Jan 7 115 J'ne20 87%J'ne 104% Nov
25I4 27%
2014 051.,
27I4
2534 2578 Minn. S. P.
26%
25
25% 27
26
12,900 15 May 9 27%J'ne24 14 Sep 27 Apr
S. S. Marie.
64
7II4 7434
6634
71
66% 72% 69% 78
7184 73
72
Do pref
8,300 49 Apr 9 78 J'ne25 47 Nov 69 Apr
3118 31i«
29 14 31 Mo. Kansas
3034 31
9 Sep 17% Deo
30% 30% 2979 3014 29 14 30
Tejcas
4,200 15 Jan 21 3589 Apr 20
64
(541,,
6334 6334
64
62
63
63% 6I34 6234 6178 6334
Do pref
6,500 37 May 9 68S9Aprl9 2559 Sep 47%Deo
121 14 123
12138122
118 12134 118%11934 118 12038 I2014I2II4 Missouri Pacilic..,..
60,300 69 Jan 4 124%J'nel4 3388 Jan 72%I^eo'
82% 821:
83
Mob.<feO.,J.P.M<&Co.rects
82% 83
83
1,075 78 May 9 83 Apr 13 35 J'ne 49 Deo
•192 197
Morris <fe Essex
5191% Jan 8 197% Apr 9 5183% Jan 5189% May
1571a 1587t 15814 I59I4 157 160
Central
15718158% 15634 158% a;157 1583s
EfuMson. 54,918 13938 Jan 21 170 May 2 12558 J'ne 14539 Deo
34I4 34I4
35
3634
Y. Chic, .fe St. l/ouis..
35% 36
34% 3714 36% 3714
7,400 16 May 9 39 Apr 10 11 J'ne 24% Deo
5 J'ne 110 Deo
110 110
Do Istpref
700 97 Mar 1 115 Mar22
111%111%
6834 70
70^8 7434 "73" "73%
76% 78
Do 2d pref
73
77
;
10,850 47 Mar 1 79 Apr 19 29 J'ne 58% Deo.
420 Apr 1 420 Ajjr 1 400 May 420 J'ly
New York Harle'liu«...
*135 138
51351413514
N. Y. Lack.
AVe8t«m...
25 5134% Jan 15 139 Feb 21 5130 Jan 135 Mar
*214i-2216
'216
217 217 •215 220
219 N. Y. N. Haven
Hartf
216 220
216 219
100 5206% Feb 27 217 J'ne24 20734 Sep §21534 Jan
36I4 37%
3739 38
18% J'ne 32% Dec
3718 373e
3788 N. Y. Ontario
Western. 31,775 24 May 9 40% May
36
36% 35% 3638 3638
51I4 52% Norfolk & Western
•53
54
52% 5358 52% 5234 5178 52 14 50
5178
10,720 42 Jan 10 5784 May
225b Jan 4534 Deo
S89ia 891-j •89% 90% «90
•89
90
90%
Do adju8tment>pref.
130 32 Feb 15 90%J'nel3 67 Jan 83 Deo
90% •89% 90% •89
7714 Jan21 700 May 9 4584 Sep 86% Deo
Northern Pacific By
96I4
67 Sep 91% Deo
96
9734
97
97
pref
97
Do
96
1,090 8414 Jan21 113% May
96%
14
•71
•70
•63
70
73
70% 71
72
•69
72
70 Pacific Coast Co.. ^-.i...
72
1,100 52 Feb 1 73 J'nel9 40 May 62 Nor
•95 100
•96 100
•95 100
•96 100
•95 100
89 Feb 25 98 Apr 26 82% Sep 90% Deo
•95 100
Do Istpref. .......4...
•72
•72
•70
63 Jan
75 J'nel3 67 M.-»y 69% Oct
•70
75
76
Do 2d pref.. ,..-„.;..
75
74%
741a *71% 74% *72
May 9 161% Apr 22 12438 Sep 149% Deo
150
137
15212 I53I4 152% 153 14 150% 153
15034
Penusylvaxua
;.:4.. 106,750
150 15158 149
151%
684Mayl5 11% Apr 30
Do rights
5 J'ne 18 Deo
*28
'27
•28
•28
1478 Jan 22 35 Mar22
30
30
'28
*27
30
30
30 Peoria* Eastern,..*.;:..
30
*67
74
:,..,..
79
72% 72% •67
76 Pere Marquette
74
100 3334 Jan 9 75 J'nelS 20 Jan 35 Dee
Jan 73% Deo
55%
-77
2
J'nel7
72
Jan
86
•77
•77
prof
86
35
Do
86
86
86
Pittsl). Cin. Chio.
Sfc L.
79
100 57 Jan 30 80 J'ne 7 4934 Sep 30%.Tan
79
Do pref
10 38 Jan 4 105 May 7 78 J'ne 94 Jan
§102% 102%
26 Deo
44I4 46=8
46 14 40 7g
46=8 47 ig
4489 45%
45
40% Rea<Ung, vot'g tir. etfa.. 60,74Q 24% Jan 4 48% J'ne 3 15 Sep 7179
4S58 45 14
Dec
vot.
7914
pref.
tr.
ctis..
79
7914
1st
79
7334
7734 7334
78% 80
19,980 65 May 9 8084 J'nel7 49 Jan
77% 78»4 78
14
56-'4 57
57 12
57
5538 57
2d pref. vot'g tr. ctfs... 22,845 33 Jan 3 59% May 1 2359 Sep 39% Deo
5438 55%
55% 57
54% 56
Sti^a

go's,

88^4

S534

881*

8534

87%

8434

SO

pref.

&

'6

&

&

&

&

,

&

I

90%

&
&

&

& Om

&

,

&

•

'

'

&

&

&

&

&

88

A

&

.

&

&

&
&
&

,

&

NY.

,

&
&

&

&

.-

&

65

Rio Grande Western

•101)34

10634 10634*109

110

Do

110

100 93

pref

Feb
85
Feb 16 103

Mar23

43% Jan

J'nelO

80

Jau

Deo

80

95% Dec

BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Kan lis

Banks
Citizens'

KEW YORK

Bid Ask
170% t

Bid

Banlis

14thStreet1I. 165

Ask

Bid

Banks

201%

Irving

Ask
t

Banks
Mutual!:...

Bid

Ask

Banks

I

Ask

Bid
I

IPhenlx
185
Plazali
195
1400 1600 JProdEschH.
Reijublio
1500
Riverside^ ..
180
Seaboard
330 350
.Second
150
100 iio' Seventh
Shoe & Leth.
220
State*!
185
I.StateofNYll
193
12th WardU.
tfdO
630
23d WaniTJ..
250

110
500

Lea.»her Mfr. 260
270
Nassaull ..
Fourth
250 270
50(i
163% 1171%
New Anistcr
Liberty
Gallatin
410 430
275 300
OOCi
New York Co
Lincoln
Gansevoortt 145
210
N Y Nat E.-c.
Commerce... t410
Garfield
500
MauhattanU. 300 320
450
New York...
Corn ExchTI. 400 410
Ge_rman Am^ 138% t
Market <fcFul 250
650
19th Wardli.
260 280
Domes Exch 100
Ge'rman Es^" 300
Meclianics'
Ninth
Mech & Trali 115
East River.. 140 150
Germanialf
500
105 115
iJutchscfcDr 116% t
North Aiuer.
Greenwich TJ 175
Mercantile.. t230
11th WardlJ. 150
450;
Central
Merch Eich. 140 iso Orieutalll....
130 195
Piflelityli
240
HamiltouTI .. 160
Cha.so
t-285
Pacific^
Fifth AvelJ.. 3200
Hanover
Merchants'.. t200
700
675 700
110
Chatham .... 325 360 Fifth
Park
Hide & L'ath 150
Metropolis 1] 650
325
tl40
Cheiiiical
People'.siy
4050
First
Imp & Trad. 575
1500
MtMorrisU.. 190 206
t
* Bid and asked prices; no sales were made on tliis Jay.
banks.
5 Less than 100 shiires.
TI Builcs mr.-lced with a parasraph (10 are State
t Ex r iglits.
" cornered " sales for " cash
t Sale at Stock Exchange or at auction this week.
were made as high as 1000. s Trust Co. certificates.
U Stock

CITZ

Bid

City
700
Colonial n ... 300
Cuhnnljinll.. 310

Ask

American... 510 530
Amer Ezch.. t260
Astor
600
Bowerj-1I
300
Broadway...
370

710

.

.

I

1

1

'

1

.

June

Stock Record— Concluded—Page 2

29, 1901.]

STOCKS— HIGHEST AND LOWEST SALE PEJCES
Saturday
June an

Moni.rty

Tvfsdafi

June 24

June

Wednesday
June 26

<?.T

1413

147^
7812

78
33
•73

•I414
761a

*33
73

34
741.J

5 (I 'a

50I4

521a

85
85
72 19 741..
331a

341-,

(16 '4
58 14

68
60 "«

32«8

333^

86-'8

87

4538

46^8

*121

as

ai2
.

•91
23 14
44 -'b

114-V
23-'4
45^-1

•00 'a 57
33 'j 34
25
25-'b
'-J

48

4a»ti

•175
124

185
125
5

•

251,

32»d
8708

327^
8734

3234

33

111 '4 112 'a
91
91
23
23 "a
43^4

108^8
901a
22 la
421a
2018
*55ia
32
24I4

4434

21^2
21
55 'a 57
33
33
24»4 25 'e
47^8 4778

4

32'ii 32^4
87^8 87 '«

32 J4 32 \
*89
91
*34
39-«j
-34
5197 197
195

10',

49=8 50
»215 220
'11 "a 12

114
•130
24
•184
222
08
119

116
137
241,

187
222H!

16
77
49

'8

,o3

IOI4

33

.190-*4l01i4
"'="
260

200

•-i3'a

•77
9734

8 '4
30 14

136

-4

210
4I1

*10
11
22 14 22S8
76
76
31
32
•78 13 791a
*36ia 36'.
•8O34 83 'a
734

734

701a 71 'g
35
35
1734 IT'S
741a 74 'a
i9i
91
1439 141a
79
791a
22
22
•61
63
4834 49

98 '8 99
66
66

101
205

9ii4

170
941a

2234
541a
734

47

10^8

171a
7812

67 3g 67^8
1181a 11 8'2
89 14 89 14
1018
10

33

269

91-14

34
251a

48

'174

6778

*4

518

5

265 14 269

1-..

100

OOV

104
18

918

391a

231-2

IOI4
39^8

40
*81ia 84
*84
85
•98 101
17

6II4

10234 10234
23
231a
.77
78
971a 97\
8=8

912

391a

391a
40=8

40
84

84
85
•98 101
2034
*15
18
45
4478 45
1021-2 5 101 la 101
8413

1-.

231a 23^8
93I2
431a 441a
761a 77

»90

1031-21041.1

140
102

42
43
II8I2I2O

41 -8 42
1161a 119 14

44 14 4434
86 14 87
210 210

'44'-j"45'"
8()

209

4I0
*4
•10
121-2
22 14 23 14
7618 76 lo
311a 32

781a

734

6934 71
-31
35
17
*74ia IV^
75

91

Si's

88

91
39-14

203

,

331a 3438
711a 71 la
23
2434
511a 511a
*7ia
734
•2834
50
5818

,

7034
2334

2334

6478
*7ia
•2834

1434

Do

65
734

79

79-8

2134

22
63

63
4834
98^8

67
'150'

93-8

"44" "44"
8518 8634

209 'a 210
•3 la
•9
21 14
75
3II4
771a
•35 Hj

2234
76I4

31 la

6=8

06 >a 70 '4

66 '4

3434
I714

oO-Ib

3434

17 14
74
911a 911a

17

493.1

993s

67
122
170

»

131a
7834
*21i4

79
22
62 la

48
98

4934

99

'a

67

07

'a

T'J la

"90

1438

21 14
*61ia

93

,

pn-f

,

American Maltmg

Do

pref

Do

prof

ij,'

I714

161a

American Woolen

80
Do pref
471a 48-8 .Vnaconda Copper

48

21 51a 2151a '214

Oiooklyn Umion Gas
Dock & C.lnp't
Colorado Kuel & Iron...
JL>i-unsw.

Do pref
& Ilock. Coal <& Iron.
Cornmciciai (^able
Coii.soIi(1at(Ml Gas (N. Y.)
Continental Tobacco
II712II8I4 'il7"" il8i-2
Do pref
Detroit City Gas
Col.

914

31

31

41-j

11
22
75
3138
771a
3612

I'liiladelphia

'4334 "4334
8518 85 14

210
4
*9

201a 217a
7434 75 18
311a 32

78

17
74

94
137e

79
2134

61

61

4S
98

49
9878

78

'351a 361a
•8034 83

7
67-8
3234

634

61a

05
32

6734

33

I-.I4
*

72

*•

'

90

1684

74

90

131a 1334
7118 7838
2118
21
•61
621-2
471a 4834
9768 99
66
661a

07
67
120 *118ial20
150 170
150 171)
92 's 931.
92 3 931-2

94-''8

80
212

Co

4473 Pressed Steel Car
Do prof
SO

4414

212
4
ll

.rl20

'iho' i'fo"

941-2

pref

".

4 Is
11

1334
781a

Do

American Linseed

57 H 57 '8 Amer. Smelt'g <fe Rcfin'g,
104 104
Do pref.,
-40
47 American .Snuff
*85i4 89
Do pref
14334 14519 American Sugar Refining
120 ....
Do pr(;f
•97 101
iVmericaii Tel'gh & Cable
1401a 140 American Tobacco

101 "8 104
'40
47
88
88
142 W514
120 I2014
•97 101

10
31

.3,100

Anicriean Bicycle

5

9=8
9»t DisUlUng Co of America.
3138
31
Do pref
4634 Gas <& Elec. of Bergen Co,
40
264 265
265 265 General Electric
262 262
/
69
59
691a 6OI4
60
59 Glucose Sivgar Reflnfiig..
'•102
•101 103
105
Do pref
22I4 22I4 "221a
International Paper
231a •22 la 23
~
*77
•77
•77
78
78
Do pref
78
961 International Power
95 la 97
9534 90=8
96
8l8
834
9
8
8
8 Interuatioiial Silver
3334 371a
38
Do pref
38
Internat'l Steam Pump:.
391a 40
40
40
83
84
Do pref
•85
•85
85
851a •84
851a Laclede Gas (St. Louis)
•98 100
•99 101
99
99
Do pref
*16
•15
18
•14
19 ^lanluittan Beach
18
4414 44 '4 National Biscuit.
431a 4434
43 "a 44
51021410214 102 102
102 102
Do pref
22
NatlQual Lead
231a
22
221a 23
221a
•90
92
92
•90
Do pref
95
931a
4379 44 14 •431a 45
441a 441a National Salt
761* 7634
Dfi pref
7634
76
7638
76
'138 144
New YoBk Air "Brake
1 DOS; 102
lOOialOOia 100 103 Nortli American Co., new
41 'a 42
41
42
IJacillc M.ail.
41
41
H6''8 1181a II6I4II8I4 118 1183^
eop. Gas-L.<fe C. (Chic.)
978

74

94

I4I4

II8I4 119

781a
*35ia 36 1-2
-81
83
734
71a

781a

Ht prf-f. V, tr. cf.s.
2(1 jiri^f. V. tr. ctfs.

80

86 "e
210

4
•10
21 ia
76
31
78 "a

•35 la 301-2
"81
83
7=8

145
10.4

&

I4

"301^ 32
8078 8778
3078 311a

471a

highest

Lowest

Pullina'n Company
41b Quicksilver Mining..'

212

31a

•9
2134

Do

11
2'2

prof

Republic Iron

<& Steel..

Lowest

15i4J'ne 8
78iaJ'ne25
36 J'ne 6i

779 .Tan 21

Jan 29
Jan 4
300
Jan 29 77i3May 7
11,050 21 la Jan 4 .'54i4J'n(-2()
400 79 Jan 2 88 Marl2

1

25
Do pref
32 "a American Car & Foundry
88
Do pref
3138 32
American Cotton Oil
•89
91
Do prr-f
-34
3934 American District Teleg
195 203 American Express
3379 34 la Aniericau Ice

2514

*89
•34
*195

1,100
2,910
1,800

JMJHCcUnneouB.
Adams Express
nialnamatcd Copper...

'174 185
190
122 14 121''8 12334

120

Week
Hilar ex

68
20
S7

S^iflJan

.39 la

879 Dec
38i4Mtty; e4i-2l>ec
HUbJ'iici 21 la Deo

Apr 30

J'nelOf
6.^58 J'ne 5;
3534 J'ne 3
8878J'n(17'
3!

129 la Jan 9'
25i8May22|
39i2May22^
95 J'ne20

May
99 la May

21i4Dec

Sep -IH I)ee
31i4J'ue 55 Dec
834 J'ne l8i2Dec
2179J'ne 45 la Dec
3038 J'Uf10=8 J'n>49 14 J'ne

4."<''i

73 '-Dec

70i4Deo
Jan 146 Deo

GliaJ'ly

2

44'% Jan

1

"OiaJ'ne 8539
61a Mar 14
16 Sep 27
8 J'ne 13 la

26

J'ne 3
46ieJ"ne2]
22 J'ne 4
6O34 Mar2>38 Mar28
26 J'nel7
4934 Apr 17

n45 Jan 8 '<187i3Mayl3
97,965 8334 Jan 21 130 J'nel7
200
4i->J'nol9
8 14 Apr 23

Dec

2:;-, Lli;C

ISigJ'ne 2(3^4 Dec
45i4Mar 13519 Jan

147»4Marl9 136
133

I

S'eJ'ii''.

71

52i4May

Jfighest

May

5

64

76i4J'nel9:

4

U

1678

4734 4834
'215 219
HI34 1134

31

3334

33

611a

'119

•150

347g

72

87
881a
14318 145

•'

%Y

.210

203

291a
57 18 58
1021a 103

5781a
481^ 49 14

(45
103
«101
^*
241a
241a 241a
92
•90
931a
4313 431.
"°
77 12
78
77
-I4;i'a 1431a 143 "i:
•-:105

3934

120 120
W7 97
'137ial40

122
101
138

lOlia

77 13 771a
97
98

4 4 4234
119°b 12038

71a
2834

7^8

*10

IOI4

10
32^8

;*1U-I-

10

55

121
*97

40

1

24

*

III4 Ilia
1091a 110

78

"85
101
"i^,
18

24
*52

341a
•71
22 Is
4541a

216

231a

•84
:»«

*34
*19

39
195

861a
14234 14618

'..

23

97^8
9
391a

25 14

3434
"
711a

481^4

185

2II2
3534

24
47

34

t)6ia

^""0^ for Year I'dOl
Banye for I'reriout
On bojtU 0/ 100-share lot«!
Year (190(Jj

3.500 16 May 9
.St. IxiuIh Soiitli-westem..
5,914 41 la Jan 3
Do ])r<f
144,24^ 29 Slay 9
59 "a Southern Pa^uflc Co
32 -Is 833^ .Sonthern voting tr. ctfs
52,485 18 Jan 21
861a 87 14
bo jjn-f. vot. tr. ctfs. 11,470 6714 Jan21
43=8 45-\ 'Pexas & J'acific
24,150 23i4Jan 3
'122 123
22;' 117
i-hii-a Avi-iiuc (N. Y.)...
May 9
211a 211a ToL St. Jy. & W. V. tr. ctfs.
1,550 1034 Feb 16
36
36
1,300 28 May 9
Do j)ir-f. vot. tr. ctf.s
94-2 Twin City Kapid Transit
94
4,560 0534 Jan 21
Do priif
147 AprlO
10834 110-'4 r fnion I'acifio Hallway
296,570 76 May 9
901a 91
Do pief.
3,155 81'>bJan21
22
11,600 lligJan 3
227b \l,7aba.sli
4218 433, > V Do pref
26,100 2334 Jan 4
20--8 Wlieelins& I>ake Erie
20
5,200 1138Jiin31
55 14 65 14
100 45 May
Do Istpref
•32
300 24 Mav 9
34
Do 2"1 pref
25
25-S, Wisconsin Cent. v. tr. cfs.
15,115 141a Jan 21
47
47-4
Do )>r(;f. vot. tr. ctls. 4,590 381a Jan 17

3234

'*32

34

'

581a

1071sll01:
9018 9034
---«s
22
22
4113 43
2018
20
54 la 5578

2434

Do
Do

69 la

a!<>9

220
219
IOI2 101-2 •10
IIH
12
IIOI8II512 111 112
110341131a 112 115
.137
137
137
137 *
137
"23'
23
23 ig
2118 231a
24
23
231a
231a 241a
'184 188
184 188 '184 188
184 188 *184 188
220 222
222 2221a 21914222
218 221 '4 !21ia222i4
216

61
io-2'ai"(;i'i;

Is)

341a
711a

32

&

14714
•85

'8 86=8
'8
45
.
123
^lia
3514
9134

ll,e

&

O

7314

51 14

87
73
33
08
69

SalfX on

STOCK
KXCJIANGE

1434 Ot. -I.
o. Jsl. V. tr. ctfs.
74
1)« l.Ht pref. V. tr.ctfs.
35
1)0 2(t prfif. V. tr. ctfs
73 14 St. I>aw.
Aillroiiilack...
471- St. L..
.S. I'r. vot, tr. ctf.s.

a;74
•.321a

35
75

7214
3134
6634
57»8
31"8

94''8

12078 1221a
518
•41a
2514
811a 32
87 la 88
311a 32 le
*89ia 91

12334

84

68 ig
6634 67^1
119
118 'a 1193b

19'4

175

29 14 30
57 '8 59
103ial03ia

I71.J

77
49
216

32
24
47

100

734

36 V2

2018 2034
•56
67

67
32
25

5

36
94

42 14 43 m

20^8

"si'^ 33
8718 88 14
3118 821a

*34
39
*ly« 204
34 --2 35
3i'e 3558
J72
72
"71
721.^
24 '8 24 '«
241-2
24
66
56^ 65
5538
•7^ 8
734
8
2a^ 29 >2 29 .291.2
67^8 58 "v
58-'«
571a
104 104 Hj 104
104
40
46
41
47
•851a 87
85
80
142^8 14438 142 14534
^121 ia2
•97 101
»97 101
138 138-14 136 la 138 '2
16^8

23
44

47 14 48I4

175 185
'170
123'8l24>4 121
0'8
•4
25 14

21^4

7734

•85

123

2134

1434

1

49»8

611a

1081a 11034
901a 9078
2238 23

1113,
9118

June 28

7634

661a 68^4
5838 59 »8
321a 33
861a 87 »8
44 14 4534

122
211a 22
37
37
94
95

Frida-ii

June 27

*32
*73

84
85
73
73
33 14 3334

122
37^4

15
78
85
73

Thursdai/
••I414

STOCKS

.

NEW YORK

1269

Dec
Dec
Dec
Dec
Dec
58i2Mar
813s

441a Sep

331, Mar
20=4 Apr

21=8J'iit

10
30

Sep
Sep

HI

Jan

^50 Not

Dec

99 la Nov

8934

57

Apr

24i8J'ne20 35 Apr 22
19 Jan 21 35 J'nel i 121a .Tan 25 -'g Not
67 Jan 19 88i4J'nei7 5739 J'ne 72 Dec
241a Miir 9 35 la J'nel 7 30 J'lK 37-14 Apr
85 Apr 10 91 la Jan 8 88^4 Sep 100 Apr
34 J.ni 30 40 May 3 247gJan 37 Nov
10 5169 -Tai] 12 5205 Mar26, !142 Mar 191 Dec
3,67.')
30 May 9 4138 Marl 5 27 la J 'lie 4 9 la Apr
200 67i4Mar 4 7734 J[ar22' 601a J'ne 781a Feb
5 1« -Tan 24 28 J'nel 1|
2,830
6 Nov 16i4Feb
2,210 31 Jan 24 55iaMay21l 34i3Dec 60 Feb
1,000
8 J'ne20'
734 Jan
3 J'ne
41a Feb 4
2,(;0()
22 7,^ May 3 30 J'ueio lK78J'nfe 31>aJan
22,790 39'^ May 9 69 Apr20 34 la J'ne 56i3Dec
Eeb 20 10479j'ne20 85 J'ne 99 Not
3,535| 88
100 26 Marl9 4979 J'ne 8
1,200 73 Apr 17 90 J'nel4
127,500 I3II2 Jan21 153 J'ne 3 95i4Mar 149 Dec
1,800 117i2Jan 3 124 Miir 7' 107 Mar 118 J'ly
10 594 Jan 7 UJO Apr 13 587 Sep 59siaJan
27,000 99 May 9 144 J'ne 8 84 la J'ne 114»9Dec
137 Jan 2 14934 j'nelO 128 May 140 Feb
2,660 13i4lMarl5 21 79 .Ian 2 21i4Dec 22 la Dec
210 70 Mar22 80 J'ne28, 76 Dec 7634 Dec
11,800 37 Mav 9 54i4Aprl6! 37 79 J'ne 5479 Apr
300 175 Jan 18 228 AprlSj 140 Jan 183 Dec
400
834 Jan 19 1434Marl9
6 la J'ne 16^ Jan
11,850 413^ Jan21 I36I2 J'nel71 29i4 6ep 501a Deo
110 Marl 9 U2i2 2\pr29 117 Oct 131 la Jan
e^ibo 14 Jan 18 251a J'nel7 lliaJ'ne 21 Apr
]G8iaFcblO 189 May 7 158 J'ne 183 Jan
12/206' 187
Jan 18 238 Apr 15 tl64 Sep 201 Nov
15,000 3834 Jan 4 71i4J'ue 6 21 la May 40i4Dec
93i4-lan
2 124 J'uelO 70 May 95 Nov
2,258
8634 Mar29 92 May 1
89 Sep 981a J'ne
8i4.rnelg 10iaJ'nel8
2,730
1,920 301a J'nelS 3334 J'ne25
4,600 40 J'ne28 10ie8J'nel9' 64 May 81 J'ly
2,750 183 la Jan 10 269iaJ'ne24 120 Jau 200 Dec
3,52" 45 Feb 16 65 May 2 44 Mav 60 Nov
200 9334 Mar 5 106 May 2 92 Dec 103 Nov
1,370 ISiaMaylO 28 Mar22 14 la Mar 2678 Not
100 69 Jan 21 81 Mar25 58 Mar 75 Not
3,500 5479 Jan 2 100iaMay31 24 J'ne 5534 Deo
5i4Keb
3i4Aug 1078 Jan
11 Jau 6
11,010
2,930 33 Apr 25 3979j>ne24
1,600 2419 Jan 2'- 42 Apr 16 28 Dec 2934 Dec
400 74 Jan 24 84 Mar26 76 Deo 771a Dec
200 70 Jan 18 87 April 65 May 80 Jan
245 95 Jan 21 100 Feb 28 96 Jan 100 Jan
6I4 Jan
8i4Jan28 22 Apr 16
I834 Mav
1,800
2,680 37 Jan 21 46 May 3 23 J'ne 401a Nov
325 92 Jan 2 103 J'nel" 791a J'ne 96 Feb
28 14 Feb
5iaJ'nel2 1579 Au
2,100 15 Marl4
200 81 MaylO 9378j'nel3 83 Aug 1061a Feb
32i4 0ct
46 N^ov
1^970 40 Jan 7 50 Mar21
7,515 721a Jan 3 84 Mar21i 691a Oct 76 14 Nov
Sep
175
Not
125 135 Mavl5 175 Apr26: 112
.3,1 (JO
731a Feb 14 109 J'nelSl
47 14 Jan 29 2534 J'ne 57 Nov
2,000 301- May
35,550 9534 Jan 21 1201a .rne21 81=8 Oct llliaApr
9OI2 Mar22 109 May27 74 Jan 74 Jan
Mar 7 52 Jau 2 32 la Sep 5.834 Jan
2] 35 6 30
3,800 72ioM.ar 5 89 Apr 29 7014 Sep 89 la Nov
1,060 1951a Jan 21 217 Apr 1 .76 J'ne 204 Deo
21.2 Mar
5i4Mav31
li4Apr22
600
•a Aug
10 lb Mar
734 Oct
7 Mar20 1234 May27
834 J'ne 271-2 Feb
261456 127eJau22 24 J'nel 7
6,400 5514 Jan21 82 Apr 1 49 Aug 7934 Feb
38i4Muy
2
4,430 28 Mav 9
575 77ioJ'ne26 90 May 2
100 19 la Feb 5 41 la Apr 2. 171a Oct 26 Not
200 05i.jJan22 8034Apr S; 59 14 J'ne 71 Nov
22i842
5,385
4,400

76
Do pref
3118 311a Rubber ( r<H>rts Mf g
'.'
•77 la 78
Do prof
Slo-ss-Slii'llield St. & Iron
351a 30
Do iiref
•8O34 83
4»2Mar IOI4 Jan
8iaJ'uel3j
Standard Rope <fe Twine.
3 la Mar 6
-61a
1,865
6714 6934 'Jcnn. Coal. Iron <fe Rll... 26,780 4938 Mar 7 76S8J'nel8: 49 Oct 104 Feb
-31
35 Texas Pacific Laud Trust
1,700 19 Jan 18 42 2Vpr 20 ISiaJ'nr 2134 Dec
•16
161a Union Bag & Paper
2,550 12 Aprl2 1938J'nel7l 10 Jn. 25 Feb
*72ia 74
Do lu-ef
300 65 April 75 J'nel 7 56i4Mnv 7734 Feb
•88
94 United ."^tiites Express...
250 {53 Jan 20 100 AprlO 545 Mar 25934 Deo
734 J'ne 19
Jau
1334 14
Uuilcil States Leather
734 May 9; 16=8 Mav 2
12,710
Do ])re!
])ref
781a 793f.
5,830 09 la Mav 9 82 J'ne 31 65 J'ne 7914 Nov
44
J'ly
Jan
•2034 21 la United Stat es Rubber...
3,275 iSiaMarll 84 Jau 21 21
Do prof
235 66 Apr 8 85 Jan 2 741a Dec 10434 Jan
•601a 621a
48^ 491.. United States Steel
237.822 24 May 9 55 Ai.rSOi
Do pref
69 May 9 10178 2Vpr30!
981a 991a
; 103,297
6614 Viru-inia-Carolina Clicm..
66
1,400 65 la Apr 24 72 MarSo
Do prof
100 116 Apr26 121i-2Mar2.s
•145 165
{130 Jan 11 aoo .rn(-14 120 J'n< 140 Dec
A'Y'"ells, Eargo & Co
77i8J'uei 881-2 Jau
'» o.sl'n Union 'i'pli''gpli 10.040- 81 Jan 21 10014 May
923b 94

76

BANKS AND TRUST COMPANIES-BROKERS' QUOTATIONS
Bnnks
NEW YORK
CITY

Banks
Jiid

Ask

8tli Wardll
5th Avcnuei; ibo

300
175

1

Western

(JOO

YorkvilleU

240

650

Ci>1]...

Mechanics!!

Mech &

.

Trai;

2I4I4

Nassau

225
250

Bnnks

NaKMty

300
t

Scherra'h'u Xl
17th WardVi.
Spragiio
20th Wardll.
Vnionii
Wallabout'i .

270

Merehants'.. 100

BROOKLYN
...

300
130
M.auufnr.trs'. 2S5

85
110

Flr.st....

Ktugs

Wa.-ihiiiufnT, 145
West SidoH... 600

Askl

Jiid

I

Ask

BUOOKT.YN

.

UniouSq^..
Variekl ....

Bedfordlf

Jiid

BROOKLYN

350
300
175
195

Ti-iisC
N. Y.

Cos.
CITY

160
125
200

140
140
105

[213
libo"

Trust Go's
ClR'tyB&Tr'
Central Tr'st
City lYust...
Colonial
Continental.
l-arm Lo&Ti

1

Jiid
5.S0

Ask

I

I,

1900 2000
410

NYIil A: Tv

4021a

North
Reall>

i

1

410
,

North

sidell.

NY.

ir.'i"

\

Ask
i:!00

'

Trust Co's

Bid

BllOt^KLYN

Atk

'

'J.'.
.

.'

f
|

Btandiu-d i'r' tn

14.*0

.'...>

Ave Tr 1000 1100 Tr Poof Am.127914
'
'"0
Guaranty Tri 710
Fifth

Knick'rb'k'r 700

725"'

n

•

-0
Wa6luua;l<'n-i320

Manhattan ..450
Mercantile ..900

Merchants'.. '320
275 290
Bi'wl'gGrcen 200 210 'Metropolitan 500
People's^
120
205
Brooklyuli
• Bid and asked price.s; no sales were niado on this day.
i Es rights.
i Less tUau 100 shares.
t Sale at Stock Exchange or at auction this week.
lJroa(lwn.v1l..

Trust Co's £>d
MortonTrustll 0(1(1

I

.\tliHiticTr..

,

.Maiuilact

Nassau
People's
;;:.o
Williamsb'g". i;io
,

1

1i

Banks marked with a paragraph

ni> are

State banks

V

1

.

New York

Exchange— Bond

Stock

Weekly and Yearly

Record, Friday,

OCCUPYING FOUR PAGES

BONDS
STOCK EXCHAITGE

N. T.

"WEEK Ending Juke 28

Price
I'riday

Week's
Jlange or

Hange

June 28

Last Sale

January 1

Bid
U. S. GoTerument

0 S 2s consol registered. (il930
dl930
tr S 28 consol coupon
U S 28 consol reg small.. (11930
XJ
TJ

S 3s

S 3s

S 4s

M907

coupon
V
0 SS 4s
49 registered
U S 49 coupon
U S 58 registered
U S 6s coupon
tr

..-1904

Foreign Government
S of Mexico s f g 58 of 1899

109

108'-2l09>2 108i2J'ne'01
112iall3'ij 112i-2J'ne'ol
113>2ll4»2 113S8J'ne'01

1081^112

140 1381-2 May'Ol
140 13834 1301.1
108^4 109 Ha 110 May'Ol
10834 109 la 10934 May'Ol

class

A 4 to 5

lll'^s

10834 112
112l2ll41'2

II3S8II514
13712 1381.2

12 13734 139»8
110 Ill's
109 II312

hese are

1906 J-J

pr

110

ices

on

96

9714
of $5 to £.

the h

IO8I2IO9I2

109 12 Apr'Ol
105 Aii!:;'98
109i4Oct '00

....

B 5s

1906
1906
C 49
Currency funding 4s
1920
Dist of Columbia 3-65s... .1924
Louisiana new consol 48. .1914

Apr'Ol

96

Q-

Small
Class
Class

125

SmaU

Missouri funding
1894 1995
North Carolina consol 4s. 1910

103i<jMar'01

102

103 12

125 Apr'Ol
108 May'Ol
109 12 Feb '99

125
108

125
109

Feb '01

105

105

135

13612

96
96
95

993j

105

Small
13612 Mar'Ol

....1919

gg

So Carolina 4ii8 20-40'""l933

.

*117 120

Tenn new settlement 3s. .1913

Mar'OO

9634 T'ne'Ol

96

Small
Virginia fund debt 2-38.. .1991
Registered
6s deferred certfs

95

95

Sale

10

Feb '01
95

12

May'Ol

712

96
9634
103*

Raih-oail

Alabama Cent See So Ry
laba Midi See Sav Fla & W
Albany & Susq See Del & Hud
AUeglicny Valley See Penn Rll
Alleg & West See Buff R & P
AmUock&Im ^feCentofNJ
Ann Arbor 1st g 48
/il995 Q-J
AtchT& S Fe gen g 48... 1995 A-O

98
104

9812 Sale
10438 Sale

1995 A-O 102

Registered

?il995 Nov
7il995 Nov
Stamped
7tl995 Nov
Equip tr series
g 5s... 190! J-J
Chic
St Louis 1st 6s.. 1915 IW-S
A.tlKuox& Nor 1st g 58.. 1916 J-D
Atlanta <fc Dauv See Soutli Ry
Atlanta
Yadk See South Ry
Austin <fe
See Sou Pacific
Creek
S See Mich Cent

Adjustment g 4s

10334
98I4

9878 Sale

Registered

A

&

&

Registered
Gold 4s
Registered

Subs

J-J

A-O

QJ

conv deb 48
1911
P Jun & M Div Ist g 3%sl926 M-hi
Registered
pl925 Q-P
Southw Div 1st gS^^s... 1925 J-J
Registered
7il925 Q-J
Mouou Riv 1st gu g 5s.. 1919 FA
Cen Ohio R 1st cg4'2S.. 1930 M-S
Beech Creek See N Y C & H
Bellev & Car See Illinois Cent
Boone Bridge See Mo K <fe T
Bklyn & Montauk See Long 1
Bruns <fe West See Sav Fl &

NY

104
99
Mav'Ol

25 102

104
8634 99
95
94
9034
90

9634

...

108

May'Ol

108

9714
9734 138
9512 Mar'Ol
IO312 104 il5

97 12 Sale

104

96^4

9812
4 95 101
IO412 234 lOl's 10434

Sale

104 Mar'Ol
107i4Sale 107
IO8I2 165
* 8834 89 12 8834
8834 50
9114
92 361
90i2J'ne'01

9134 Sale

112

111
111

ao8

9734
95
95 12 95 12
99 105
102 104
100 12 110

87I2

9II4

88 Sg

92

9OI2 91

May'OO
J'ue'99

<fc

W

& Shawn

M-S 118

118

Sale

118

115

II8I2

130
129

13014

J-J

A-O
J-J

103
131
129 12 129

Apr'97

A-O

100

Nov'99

J-D
A-O
A-O

IO4I2 J'ne'Ol
I23I4 I2314

FA

128'.

J-D

126

AO
AO

1041a.

121

.

J'ne'Ol

May'Ol

131

Carthage cfe

R

la

i'

1191a I2712

117 Nov'OO
113i2Dec'00

113

J-D
J-J

M-S

10838 Sale
109 14 111

108-''8

109

21 10638 109

109

IO712III
10634 108

J'no'Ol
10634 Apr'Ol

iW-S

Ad SeeNYC&li
& N SeeBCHA N

1st pref income g

3fl

1945 P-A
1945 M-N
1945 il-N
pWib Oct
pl'Jiti Oct

2dpref income g 58
3d pref income g 5s
j>1945
Mac& Nor Div "1st g 5s. 1946
Mid Ga& Atl Div 58
1947
Mobile Div 1st g 5s
1946
Centof N J 1st consol 7s. .1902
General gold 5s
19S7

(Jet

78

107
96
78

Sale

79

3134 Sale
18'8 Sale

3

I8I2

J-J
J-J
J-J

M-N

J-J
/il987 Q-J
Imp gu 5s. .1921 J-J

Registered

Am Dock &

108

95
102
106
108

IO312
1321.2 .Sale'

96
119

10834 151

Oct '00
82 H

20\
Dec '99

116

95
103 12
I2OI2

97I4 10834

60
20
8

3434

83
3612

& St Paul—
M& StPlst7s$gRD.1902
£goldRD
IstCfe M7s

1902
1903
Chic Mil & St P con 7s. .1905
Terminal gold 5s
1914
General g 43 series A..el989
Registered
el989
General g 312S series B.el989
Registered
el989
Chicfe LSuDivg58....1921
Chic & Mo Riv Div 58.. .1926
ChiCcfe PacDiv6s
1910
Chic<fe P Wl8tg58
1921
Dak& GtSog5s
1910
Sou
Par &
assu g 6s
1924
Hast& DDivlst7s
1910
lsl5s
1910

I&D Exton 1st 7s

MS

Ko price Friday;

190.S

I

I

t

137
11634

latest bid

and asked

thia

IO8I2

110
114
101
102
9'3ia

95
109

IO8I2

Jan

DesM&FtD

10 10434 107^1
100 103

93^8 J'ne'Ol

91 14 93^8

8634

100 12

100i2Apr'01
10434Apr'00
101 14

.

W6%

.

.

105

.

87 12

1021a
1031310534
lOO-'^B

90

86

lOO's

101 14
104
J'no'Ol

110^8 11('34
11234 Apr'Ol
109 Sg J'ne'Ol

83 13 8713
1081810978
IOOI4IO213
10114 102 v»
103 lOi^s

Apr'Ol

114
105

94

114

114

104 12 107
15 IIOI4 113
1123^ II2S4
lOO-ife lOO-ig

194 May'Ol
llOiaSale IIOI2 IIOI2
119
121
121
1123411312 115 May'Ol

I4II4 1961*
109 11234
121 1281*
113 115

137
123

137
123

I35I4I4O
115 127

Aug'OO
May'Ol

11234 125

137
123
115
123

,

n21i2

Sale

122
124
II2I2II4
117

115 126'9
10678 114'a
113 117

1261a J'ne'Ol
II412 J'ne'Ol

-J
-J

-J
J-J

'186

....

Apr'Ol

117

186

....

'186

...
...

186

180

180 May'Ol
172i«Apr'00
190 Jan '01
183 J'ne'Ol

II6I4 II5I4 J'ne'Ol
112 la J'ne'Ol

115

192»a

I88I2I9O
I8212I94
1141-2 11538

1113411413

II2I2....

105iaFeb'98

J-J
J-J

II8I2
II918I21
121 Apr'Ol
121'">8 12234
J-J 120-%.... 121^8 -^.pr'Ol
118 119
J-J 118 120 11834 MaVOl
J-J II914I2O 119'2 1193. 13 119 la 122
115 II6I4
J-J 116 .... 115 May'Ol
J-J 134^8---. 137i2J'ly'99
125141261-!
J-J 125 127 I26I2 Apr'Ol
110141101a
J-J 11038-... IIOI2 May'Ol
18514 188
J-J '186 .... 188 Apr'Ol
II7I2
11773119
1191-2
J'ne'Ol
118
J-J
IIOI2 110*8
IIOI2 May'Ol
J-J llO's
117181191a
J-J II712I2O 118 Mav'Ol
117 1171a
J-J II714II73, 117i2May'01
119 120
119
111
9
May'Ol
J-J
II8I2 May'Ol
11812 119%
J-D II514
121 12 122
121 12 Mar'Ol
J-D 11734
I42I2
_ 3934 1421a
Q-F 14212 145 I4212
10412 108
104»8 10458
J-D IO4I2
10712 108
108 Apr'Ol
J-D 104
108'2J'ne'0]
1081a 112
107 Mar'OO
lOOiallOia
110 Apr'Ol
M-N
103 N0VO8
116
116
1131a 11634
A-O 115
111 Oct '00
__
A-O
IOSI4IIOI8
108-34 J'ne'Ol
A O 109
10738 10738
10738 May'Ol
A-O
108 11034
109
M-N 109 110 109
10838
10838 10838
Apr'Ol
109
116 117
117 J'ne'Ol
A-O il7'

MN

&

Des

11734

Feb '98

122
123

J'ne'Ol

110

113

Jan

111

J'ne'Ol
IIII4 Apr '00
12018 Nov'OO
I3SI4 I38I4

122

HI

IIOI4II2
119
13434
12734
13978
140-\

106
Ill
131
126

127 •=8

M 1st 5s. ...1923 A-O

M

JD

I3514I4II4
12312 127=8

127.'=g

143-34 14334
138=8 143
107^8 10718

Sale

142

139
139

139
139

134 14 142
134 140>a

123

J'ne'Ol

121i2l23>i»

IO8I2 Sale

13812

138

113
111

142 14 May'Ol
107 Is Feb '01
113 Apr'Ol
131
131
1321a May'Ol
10834
108
IO6I4 IO6I4
9978 Feb '01
86 14 Ang'OO
97 Dec 00
111
111

,

Sale

111

113
111

'01

14334 Apr'Ol

1905 J-J
1905 J-J

Chic cfe StL .S'«eAtchTcfeSaFe
Chic St L cfe N O See 111 Cent
Chic St L & Pitts See Penu Co
Chic St P
cfe O con 6s. ..1930
Ch St P cfe Minn IstgOs 1918:M-N

121ial25>4
122 123

May'Ol

113 113
130181311a
IS212 1321a
I0718IIO
I0512IO8
9979 9978

110iall2'a

on Next Page.

Street Railway
llQia Met St Uy— (Continued)

111 115
IOOI2IO518
71
98 102
9375 120 881a 95

Mav'Ol
102 14

LexAvcfePFlstgug58l993 M-S 122 12 124
Registered
1991 M-S
Met

W S El

FA
FA

g 4s. 1938
Mil El Ry cfe L 30-yr g 5s. 1926
Minn St Ry 1st con g 5s.. 1919 J-J
St Paul City Cal) cou g 58.1937 J-J
(Cliic) 1st

1937
1937
2000
5s.. 1945
Chic St 40.yr Ist cur 5s. 1928
40-year consol gold 5s... 1936

Guaranteed gold 5s
Third Ave 1st gold 5s
1st con guar 4s
Union El (Chic) 1st g

J'ne'OO

W

Mar'98
21 II712I22I2
II8I4 12234

o Due Jan

10638
102 12 J'ne'Ol
101 14 Apr '99
101 12 101 v.
103 H; J'ne'Ol
92i2J'ne'01

1st 4s.. ..1905 J-J

lst2i2S

J'ne'Ol

"6

121
lOS'V

Apr'Ol
Nov'OO

10934

IIOI2.

;

'99

121
121
119 J'no'Ol
Dec'OO
1191a
123
123

week,

107

121

10978 Sale

II514

II312II7
115 la 119
LI9I4I22
116 121
104 10834
103 103

J'ne'Ol

87 14 Side

102
103 «8

MS

MISCEIiLANEOUS BONDS— Continued
Street Railway
Brooklyn Rap Tr g5s
1945 A-O 1081a Sale
Atl Av Bklyn imp g 5s. 1934 J-J
BkCitylstcon5s.l916, 1941 J-J 114 116
Bk Q Co cfc S con gu g 5s. 1941 M-N 100
Bklyn XJn El 1st g 4-58. 1950 FA IO2I4 Sale
Kings Co El 1st g 4s
1949 F-A
9378 Sale
Nassatx Eleo gu g 48
1951 J-J
City cfe S Ry Bait 1st g 5s. 1922 J-D
Den Con Tr Co Ist g 5s... 1933 A-O
Den Tram Co con g 6s.. 1910 J-J
Met Ry Co 1st gu g 6s.. 1911 J-J
Iiouis Ry Co Istcon gSs.. 1930 J-J
Market St C Ry 1st g 6s.. 1913 J-J
Met St Ry gen col tr g 5s. 1997 FA 12012I2114
B way cfe 7th Av 1st c g 58 1943 J-D 'II912
Registered
1943 J-D
Colcfe9thAvlstgug5s. 1993
122 12 124
Registered
1993 M-S
'

104''8

106
104

PA

Extension 48

127
113

104

101 12 102
10312
93

Lacrosse & D 1st 5s
1919
Mineral Point Div 5s
1910
So Minn Div IstOs
1910
Southwest Div 1st 6s
1909
Wis& Minn DivgSs... .1921
Mil & No 1st
L 6s.. ..1910
Istoousol 6s
1913
Chic & N'west consol 78. .1915
Gold 7s
1902
Registered
1902
Extension 4s
1886-1926
Registered
1886-1926 FA
General gold 31-28
198
Registered
p 1987 QF
Sinking fund Gs... 1879-1929
Registered
1879-1929
Sinking fund 59. ..1879-1929
Registered
1879-1929
Debenture 5 s
1909
Registered
1909
Debenture 59
1921
Registered
1921 A-O
Sinking fund deb 5s
1933!M-N
Registered
1933!M-N
Des iMo tfc Minn Ist 7s.. 1907 F-A
MilWiS; Madison lstGs..l905
North lUinois 1st 5s. ...1910IMS
Ott C P c& St Paul 1st 5s 1909 M-S
Winona & St Pet2d7s..l907 M-N
Mil L S & West 1st g 6s 1921 M-N
Ext<fe Imp 8 fund g5s 1929 FA
Ashland Div 1st g 6s. .1925.MS
Mich Div 1st g 6s
1924 J-J
Convertible deb 5s
1907 FA
Incomes
1911 M-N
Chic Rock Isl & Pac 6s.. .1917 J-J
Registcn-d
191 J-J
General gold 49
1988 J-J
Regi.slered
1988 J-J

21

106^8 108
127 137 Is

71 102

106% Sale 10638
101

-J
-J
-J

1st 78

Keok

I3II4
J'ne'Ol

106

10312

Chic Milwaukee

J'ne'99

Oct '00
Apr'Ol
13214 133

I3OI4

131
115

92

Mar'Ol

II312 J'ne'Ol

117
121
121
IO712IO8I2 108
103
104=8
103

I

CeuBraucli U Plstg4s...l948 J-D
93 12 Sale
9312
9312
Central Oliio See Balti & Ohio
Cen RR <fc B of Ga col g 5s 1937 M-N 101 12 Sale 101
1011-2
Centof GaRR 1st g 5s..yl945 F-A 119
I20I2 Mar'Ol
Registered
Consol gold 5s
Registered

II312II6
II6I4II7
119 121

R&

I

IO4I2IO8I4

See 111 (;ent
Carolina Cent See Scab <fe Roan

Ced

Cent Pacific »S'ee So Paoitic Co
Charles <fe Sav 1st g 7s
1936 J-J
dies & Ohio g 68 ser A..7il908 A-O
Gold 6s
al911 A-O
l8t consol g 5s
1939 M-N
Registered
1939 M-N
General gold 4 I2S
1992 M-S
Registered
1992 M-S
Craig VaUey 1st g 58.. ..1940 J-J
ADiv lstcong4s..l989 J-J
2dconsolg4s
1989 J-J
Warm SprVal Ist g 59.. 1941 M-S
Eliz Lexife n S gu g58..1902 M-S
Chic <fe Alt RR s fund 68. 1903 M-N
Refunding g 38
1949 A-O
Registered
1949 A-O
XJ S Trust Co rexpipts
A-O
Miss Riv B 1st s f g 68.. 1912 A-O
Mailway 1st Uen 312S...I950 J-J
Registered
1950 J-J
Chic Bur <fc Q consol 7s. ..1903 J-J
Sinking fund 5s
1901 A-O
Chic & Iowa Div 5s
1905 F-A
Denver Div 4s
1922 F-A
Div3i-2S
Illinois
1949 J-J
Registered
1949 J-J
Iowa Div sink fund 5s.. 1919 A-O
Sinkingfnnd49
1919 A-O
Nebraska Extension 48.1927 M-N
Registered^
1927 M-N
Southwestern Div 4s
1921 M-S
Convertible 59
1903 M-S
Debenture 5s
1913 M-N
Han & StJos consol 6s. .1911 M-S
Chic& E 111 Istsf cur Os. 1907 J-D
Small
1907 J-D
1st consol g 68
1934 A-O
General consol 1st 5s
1937 M-N
Registered
1937 M-N
Chlc& IndC Ry 1st 5s. 1936 J-J
Chicago & Erie See Erie
Chic In&Louisvref 68. ..1947 J-J
194'7 J-J
Refunding gold 59
LouisvN A<feChlst6s.l910 J-J

M

W

Erie See Erie
R cfe P gen g 5s... 1937
Debenture 6s
1947
All & West 1st g 4s gu..l99S
CI <fe Mah 1st gu g 5s. .. .194:_
Roch & Pitts 1st g 6s. ..1921
Consol 1st g 6s
1922
Buffalo & Southwest See Erie
Buffalo & Susqu 1st g5s.. 1913
Registered
1913
Eur Cedar B cfc No 1st 5s. 1906
Con 1st <fc col trust g 5s.. 1934
Registered
1934
C R I F & N 1st gu 08.1921
M<fe StL Istgu g 7s
1927
190a
Canada South 1st 5s
2d 5s
191
Registered
1913

Carb

11534
IO512

Q6^^

/il92c <4-J

711948
7il948

to

Buffalo
Buffalo

95

96

NW
&

Bat
alt&Ohiopriorlg3'2S.192C

106

Q-M 103i2Sale 102 12

41-28.... (yl910

Eang»
Since
^y. January t

High No Low Jligh

Ask Low

Bid

.

State Seenritics

Alabama

Con cxt guar

IO514 lOO^s

10834 1 09 12 109 J'no'Ol
1083* lOg^a 10834 10834

139
139

1925
1925
1904

Week's
liange or
Last Sale

Price

Friday
June 28

N. T.

<fe

10534 10534

fclOlS
registereil
fel918
coupon
reg small bonds. .fcl918
cou small bonds. .fcl918
/il9()7
registered

V S 3s
U S 3s
XJ
TJ

107
107'<»108^ lOO'eJ'uo'Ol

S 28 consolcoupsniall.(il930

BONDS

STOCK EXCHANGE
Week Ending June 28
Ask Low
Sigh No Low High Central of N 3—(Continued)
Le& Hudli gen gug 5s 1920 J-J
108 10634 J'ne'Ol
Leh WUks B Coal 5s.. 1912 M-N
1051a 10034
Since

122ial26

d Due Apr

J-J
J-J
J-J

.126
10310.

jr

Due

J'ne

/i

Due

J'ly

I2

Jan

103^

110 110
llliall2ia

'01

1231a 1'25 la

125
125
104 12 J'ne'Ol

104

105

109i3Dec'99

A-O
M-N
M-N

Bos U Gas tr ctfs s f g 58.1939 J-,1
Bklyn U Gas Ist cou g 5s. 1945 M-N

Due May

111

ii'i"

98

10338

Oct '99
Apr'Ol

106
110

99

Gas and Electric I^i^lit
Atlanta G L Co Istg 5s...l947 J-D
e

103%

103

117
fc

Dec'97

9138 Oct '98
II8I2II8I4 J'ne'Ol

Due Aug

jj

Due Nov

s

115 1191a
Option sale

I

4
1

June

Bond Record— Continued— Page

29, 1901.]

BONDS
STOCK EXCHANGE
Week Endlno June 28
O—CCimUnwrl
Clilo St P M
N. T.

•^a.

Ist 68...193(i J-J

StP<fe S City Istg 6s... 1019
Chicago Ter Trans K4s...li)47
Cliic& Wcstllstsf gC8..19l!t
5rl!t;i'-'
Genera) gold 68

A-O
J-J

M-N
O-.M

Chicife WestMicIiBy5s..l!)21 J-D
Choc Ok
G gen g 58 ...olillit J-J

&
H&D

Cin
2(1

gold

1 '.wr,

A-O

lit;','

J-J

l8t guK5s...l'J4J

M-N

consol

a f Ts.

. .

i^a

CinD<fcI

L & C 6Ve C C C St I.
& C SeeCCC St h,
r
Clearlield & JIaU See B II
I

St

Week's

Sange

Jiaiiye or

Since

Last Sale

cqcC'

High No

Ash Low

Hid

<fe

Nor Wisconsin

Price

Friday
June 28

140 Mar'Ol
130 132 132 J'ne'Ol
90I4 9GH 90 14
96 '-i
107
Oct '99
1 06
llS-a
119 Mar'Ol
100 Oct '99
103 Jan '00
115 Dec '00
113 Oct '00
'114
113 Muy'Ol

il'5

High

140
130
92

140
132
98

II8I2 11934

115

113

<fe

<fe

general g4s..l!)0:i J -I)
Cairo Div 1st gold 48....H)3i» J-J
1st g4s. 1901 J-J
Cin W<fe
St L Div 1st col trg 43.. 1090 .M-N
1-

MDlv

C

Uiv I8tg4s...l940 J-J

St I>& C consol 0s..l9'.iO
let gold 48
kl'.y.iii
I

Registered
fcl9;iO
S<fe CI con Ist gas. .1928
CC C A I consol 78
1914
Consol sink fund 78
1914
General consol gold 68. 1 934
Registered
1984
OInd&
Istpf 58...dl938
Peo<fc East 1st con 4s... 1940
Income 4a
1990

Cin

W

01 Lor<&

103i4J'ne'01

.

99

.

102
103

lOO^j.
101 »a.

99
100
83

104

100

1990 M-N

Registered

Spr&ColDiv Istg 4s. .1940 M-S

WWVal

102 '2.
102
101 'a.
102

Wlicon

Ist

g5s.l9H3

Clev & Marietta See Penn RR
Clev & Mahon Val g js...l9;!8
Registered
1938
Clov & Pitts See Penn Co
Col Midland 1st g 3-4S....194
1st gold 4a
1947
Colorado & Son 1st g4s... 1929
Coluiu <fc Green V See So Ky
Col & Hock Val See Hock Val
Col Conn <fc Term Sec N &
Conn & Pas Rivs 1st g 4a. 1943

W

Dak&GtSo S^eCM&Stl
alias
Waco .SVe M K & T

M-N

rj
J-D
J-D
J-J
J-J

.\

100

100

J'ne'Ol

Nov'99
106

104

J'ne'Ol

113»8 1151a

13812

ISSia

130

138

134

1381^

98
65

Sale

67

451a

129i2May'01

84
84

84>2

85

89 "a Sale

95

100
73

Bep'OO

111

S41-J

85
85

89

89'4

84

129ial30ia

78
77
83

871a
871a

89 Tg

<fe

1871-1901 A O
1915 J-1)

12034 Apr'Ol
13612 1361a
101«8 May'Oi
1381a :381a

120»4

130
101»8

Ist consol guar 7s

1915 J-D

Registered

N Y Lack & W

1st GS...1921 J-J

Construction 5s
Term & iraprovo48

1923
1923
Syr Ring <fe N Y 1st 7s.. 1900
Del & Hud Ist Pa Div 7s. 1917
Registered
1917
Alb & Sua Istcongu7s.l906
Registered
190G
Guar gold 68
1900
Registered
1900
Reus & Saratoga Ist 78.1921
Registered
1921
Del Riv RR Bridge See Pa RR
Denvtfe R Grist con g 4s. 1930
Consol gold4i28
1930
Improvement gold 5s... 1928
RioGrSogu <S'ee Bio Gr So
Des Moi & Ft D See C R & I P

DesM&Minn

See Cli

&N

F-A

M-N

AO

136 1361a
118iall9

118'2ll9'..; 1181a May'Ol
107 1031a Oct '00

11G>4

1031.2 Sale

11778 May'Ol
1471a May'Ol
150 Feb '01

1177Bll77g
145ial47ia
150 150
25 116 117

116

116
122

J'ne'99
IIII2 J'ne'Ol

Ulislllia

112
112
153I2 I5312
151 Jan '01

112 1121a
150341531a
151 151

100
108
107

111 112
llliiSalo

W

Dul Red
& S Ist g 5s. 1 928 J-J
Dul So Shore <fc Atl g 5s.. 1937 J-J
tl^astotMinu SeeStPM&M
Liast Ten Va <& Ga See So Rv
Elgin Jol& East Ist g 5a. 1941 M-N
Eliz Lex & B San See C <fc ()

m

10884 111

Feb'Ol

112
112

MS
MS

Iil2li
1st consol gold 7a
Ist consol g fun<l7s
192U
Erie 1st con g 4s prior. .1990 J-J

1990
Penn coll 1r g 4a
1951
BuftN
Krielst7s..l910
Buft A S
gold Gs
1908
Small
1908
Chic A Erielst gold 5s. .1982
Jefl: liR Ist gu g 5s. ...01909

Y&

W

W 1st ref 5s.
2d gold 4^28

NY

Sus

&

Mt Vernon
Siill

.

FA

1st gold Ga..l923
1st g 58.1930

Co Branch

A-O
A-O

1181a llOig
12078 121

Apr'Ol

116

118

116

12334 124

100 la Apr '99
1421*14238 14138 142
16 140 1431a
136 I4II2 1 35 14 May'Ol
135141351a
10084 Sale 10034 101 14 "so 951a 101 14

90 14 Sale

93i4M»v'99
9OI4
91 271

90i'j

13G1-J

122
lOViia!
135
•Ill
*118
115

12112

.

108

1211a
J'ne'Ol

137

137

llfi

105
2 137

I

123
108
140

Gasgos
1st

g

11

KqGLNYlstcon

FA

121
109

.

.

May'Ol.... 121

Oct '98....

5s..

1932

MS

Eq G Fuel See P G A C Co
Gas& Elec Berg Co eg 5s. 1940 J-D
Gen Elec Co deb g 5a
1922 J-D
Gr RapO L Co 1st g 5s. ..1915 FA

106 'a Sale
114

UUJia I0714
lloHs J'ne'Ol

1151a llH-'Vi
111 118

94

UlisMayOl

109
]26
109
109

Sale

94

10714
115iall5i-j

24 100

107ialllia

Nov'97
126
7 1231a 126
109
27 107 111

05
12G
109

I001.J

101%.

1024

106

102

.

118
.102
'200

A-O
Kings Co El L&Pg53...1937 AO 109
Purchase money Gs
1 99
A-O 123

nBknl8tcong4s

1930 J-J

Moy'Ol

101

103

Dee '98

Sale

99

gs^aioi

991a 1181

109>a

23 1031a 1091a

W Tex»S'«<SoPacCo

IO412.

104% May'Ol

104% 10634

g 4a.. 1951
Registered
1951
Ist gold SHiS
1951
Registered
1951
Ist gold 3s sterling
1951
Registered
1951
Coll Trust gold 43
1952
1952
Registered
L N O <fe Tex gold 48.. ..1953
1953
Registered
Cairo Bridge gold 4s
1950
1950
Registered
LouLsvilleDlv gold3ia8-1953
Registered
1953
Midland Div reg 58
1921
St Louis Div gold 38.. ..1951
Registered
1951
Gold 3ia8
1951
1951
Registered
Spring Div let g3ia8... 1951
Registered
195i
Western X-iiues Ist g 48. .1951
Registered
1951
Bellev&Car Ist 6s
1923
Carb & Shaw 1st g 43. ..1932
Chic St
g 58. ..1951
Registered
1951
Gold 3ia8
1951
Registered
1951
Memph Div 1st g4s...l95]
Registered
1951
St L Sou 1st gu g 4s.. ..1931

II518.

llSiaApr'Ol
1 1 3^ Mar'OO
107 la Apr'Ol
102i2Apr'98

115121151a

HV

E&

1999
g 48. .1948
See So Pat

Houst&TexCen

107

1051a.

105

Sale

IO514 IO514
104'i Jan '99

10412

105

98

Jau '00

107ial07'a

6 104

105 14

9 io2 "ioe"

il3^!!"'.

102

Sale

121

102

IO2I4

123

May99

90I4 Apr'Ol

90

102i«.4pr'01
101 le Oct '99

102

IO2I4

100

II314II5

II414 Mar'Ol

113

1154

May'Ol
NoT'98

124

124

12734

126

127

12734

Nov'OO

1294
123% 123%

123% Feb'Ol
100 14 Nov'OO

93

103
107 14

W

Ind Dec &
Ist g 58.. ...193.'
l8t guar gold 5s
1935
Int& Great Norlstg 68.. 1919

91

103

124
90

L& NO

6llOHal03

IO714 Jan'Ol

1071410714

02 12 Nov'OO
107 J'ne'Ol

105

107

124

120V

1

10714
125
1241a 12Gi.> 125
100 loot; IGOia 101
75 May'Ol
[11734 118
118

101
75
65
II5I4II8

96

K C* M R& B l8tgug58.1929 A O
Kan C & Pacific See M K & T
City Sou Ist gold 33. .1950
Registered
1950
Kans.as Mid .Sr«« St L <fe S P
Kentucky Cent See L &
Keok
Des Mo See C R I <fe P
Knoxville & Ohio See So Ry
Erie
.few Istg 5s.. 1937
Lake
2d gold 5s
1941

69 la 70

121
117

124%

110

1151a

llOiaMay'Ol

llOiallOia

109411138
1094111

10912.

111
111
111 Mar'Ol
112 J'lv'OO
100 12 Oct '99
109
109

97";

96i2J'ne'01

Sale

1101-2

1997

N Y 1st gu g 4 laS- 1940

Ill

1940
Ter Ry 1st gu g 5s. 1941

Registered
1041
V Coal Co Ist gu g 5s. 1 933
Registered
1933

Leh

N Y 1st guarg4s.. 1945
Registered
1945
E1C& N Lstg 1st pf 63.1914

Leh

7213

123
123
120 J'ne'Ol
llOiaJ'ne'Ol

123
120

Registered

V

67

N

&

Leh

6934
70 126
63i4 0ct '00

<fe

109

109

95

100

101% Sep '99

1914

& Hud R See Cent of N J
& Wilkesb See Cent of N J
I^eroy & Caney Val See Mo P

Leli

Long Dock
Long Island

See Erie
1st con g5s.A1931
1st consol g(d(l 4s
7iI931
General gold 4s
193.s

Ferry gold
Gold 4s

41.2s

104
101

1922
1932
1949
1934

105
5 101
5 102% 105

lllV 109 la J'ne'Ol

1094110

10710
II712

109
107

101]

N V B M B Ist con g 5s 935
N \ & R B 1st g 5s.'.... 1927
1

HI

Nor,s!iB 1st conggii5sol9:i2'

114

110

Louisvifc Nashv gen g63.103(i!
Gold 08
1937
Unified gold 4s
194ol

Registered

122% 123

102
102
105
105
KM) Oct '00
9912 100
95 Feb'Ol

102
105

100

De henture gold 5s
Bklyn & Mont lstg 63. .191]
<fe

122 14 May'Ol

122%

,119

113
10418 Sale

974101
95

10234

24

Apr'Ol

94
102

103
102

1184 Mar'Ol

11841184

101 J'ne'Ol
185 4 Apr'Ol
10734 Dec '00

101
155

126% J'ne'Ol
964 Dec '00

1244126%

1S5 4

194(1,

Coll trust gold OS
1931
Coll trust 5.20 g 4a. 1903-191 .^i
Cecilian iiraiioli 7s.. .. 1907

112iall4
lOOialOl
lOlia

E II A; Nash Lstg Ga....l910
L Cin & Lex gold 41^3. ..1931
N O A M 1st gold G8....1930

11434

11434

101
106

101

110411434
99

113

IIG

Wo

Apr'Ol

103

Jan

13934

.

13034 J'ne'Ol

116

116

liso

"i30%

'OS

on Xc.xt Pa^e.
Electric Light
g 5s. ..1948 J-D

108% 115%
115 1144J'ne'01
Registered
1048 J-D
Puiehase money g 4s. ..1040 F-.-V
08 139, 9434 98%
98 Sale
Ed El fll 1st coin- g 5s.. 1910 M-S 1064
10734 J'ne'Ol .... 100% 109%
1st consol gohl 5s
1214A).r'0l!... 121
121%
1005 J-J '121
NY'AQEl LAP I8tcong68l030 F-.\
1044:i024J'ue"01'... '102 4104%
Pater.aou <fc P G <& E g 58.1940
Peo Gas & C 1st gti g 6s. .1904 M-N
107 J-lv'Oft.
2il guar gold 68
102 %J'n'e'01l.... 1102% 104%
1904 J-D
1st con gold 6a
1244J'ne01'....ll20 120
1943 A-O
Refunding gold 5s
106 Dec '98!....
1947
ChG-L&Ckelstgng5s 1937 J-J 110
103 Ill
Ill Mayor..
'104^I 110
Con G Coof Ch 1st en g 5s. '30 :j-d 1074.
108
lOS
Eq G <fc F Ch 1st gii g t.8.1905 J-J
'.10341044
1044 Apr'Ol ..
Mu Fuel Gas 1st gu g5s.l047 M N
102 105%
106 105%J'ne'01 ..
Trenton G & El Ist « 5s. .1910 M-S
109 Feb'Ol'.. 11109 109
rtica K Life P 1st sfgSs. 1050 J-J
Western Gas Co col tr g 5s 1033
!1074Jan'01 ....| 1074 107%
e Due May ft Due Jly
k Due Ang
Due Oct q Due Dec t Option sale ^

MS

MS

|l.

I

Sale

Mut Fuel Gas Co 'See Peop Gas
• Ho price Friday; latest bid and asked this

108

week,

108
a Due Jan

1

io7""ii6"
d Due Apr

102

Dec '00

.

112

90

Lac Gas L of St L lstg 5a. el 919 Q-F 108

1024

95

107 Jan •90
105 May'OO
113 Dee'Oi;
112 120%
llS%J'ne'01
1134
1131a US'-.. 10. 111
IO4I4 !05 9934 104%
104

NYGELH&P

KG Mo Gas Co 1st g 53.. .192'
El

101
100

1081a

BONDS— t^onlinued

<fe

Ed

76ialll
92
67

109

Ist 5s

115 V May'Ol
117 May'Ol
94 Feb'Ol

1151a.
II312.

121

<fc

g

....

99

&
,Vee N Y N H & H

Regi.stere<l
Col<fe
1st ext

Unn and

1923 J-J
5s. ..1918

Ed El 1 Bkn See K Co E L P
Ed E 111 See's YG&ELH&l

20

1081a

98iaNov'00
99 la Jau '00

B&

Han
oiisatonic

I'nitied gold 48

.

nn<l Electric IJiclit

Det Gas Co con

108

Leh

Ch Q L <fe C Co See P G & C Co
Columbus Gas l.st g 5s
1932 J-J
Con Gas Co See 1" G & C Co
Detroit City

So\low High

N

Gold guar 5s

82 14 91

IVIlSCEIiI.uANE<)US

Gas

V

llSiaApr'Ol

12334 Mar'Ol

Sep '00

.

North Ohio 1st gng 5s.. 1945
L Sho & Mich S See N Y Cent
112iall2ia Lehigli Val (Pa) coll g 5. .1997

118 la Jan '01
1221^ 12078Apr'01

100

0I945
1929

115

J-J
J-J

194<i P-A
General gohl 5a
Terminal 1st gold 53... 1943 M-N
Regis §5,000 each... 1943 M-N
Wilk<fe Ea Ist gug 5s. 1942 J-D
jCrle <fc Pitts See Penn Co
Eureka Springs 1st gGs..l933 FA
E V & T 1 1 1st consol Gs ... 1 92 J-J
Ist general gold 58
1942 A-O

58.

112

F-A "bsTgSale 951a
9618 93 951a
J-D 132 laei'j 136iaApr'01
1361a

937 J-J
1937
1

gu g

See So Ry
Gila
G & Nor See So P.ic Co
Gouv & Oswegat See Y Ceni
fi rand Rap <fe Ind
See Penn Co
Gray's Pt Term See St L S ^\
Gt Nor— C
Q Cfdl tr4,8 1921
& St Jo See C B Q

92 14 Feb '98
113 la May'Ol

9134

J-J

M-N
A-O
Long Dock consol g G3..193i". .\o
Coal <fc R li 1 St cur gu Gs. 1 922 M-N
Dock <fc Imp 1st cur Ga.. 1913 J-J
NY & Green L gu g 5s. 1940 M-N
Small
1910 M-N
Mid llR of N J 1st g Gs. 191 A-O

1st w>n8ol 58
<fe No let

115

.1211.2

Feb'Ol

Georgia Pacific

Registered 5s

1990 J-J

1st consol gen lien g43..19SI0' J-J

101

Ist pfgos... 1945

Ga Car

Leh Val

MS

Registered

H

85
110

EbnCort&No

5e«LeliifeNY
Erie 1st extgold 4s
1947 M-N
2dextgold5s
1919
3d ext gold 4'2S
1923 M-S
4th extgold 5s
1920 A O
5th ext gold 4s
1928 J-D

High

108

'

114 la J'ne'Ol

9014

Range

5*5
Since
^'<\\Januari/ 1

102 ....
105 Mar'98
lOGialO-ii IOGI3 1071a
90
01
90
90

'

Kan

98iaNov'00
9014

. .

Registered

W
W

'^-z\\

M

1910 J-J

W

Fort St U DCol8tg4ia8.1941
Ft
<fe Den C Ist k68.. ..1921
Ft
<fe Rio Gr Ist g 3-4s. 1928
i al Har <fe 8 A See So I'ac Co
vTal H <fe
of 1882 l8t 58.1913

2d gold 5s
1909
3d gold 4a
1921
1041a
111
Iowa Central 1st gold 53.. 1938
112
Jetlerson RR See Erie
A & G R 5ee L S & S
Kal
an <fc Mich See Tol & O C

1041a
lU J'ne'Ol
IIII4 111"*
1031a

Des Moi Un Ry 1st g 5s. .1917 M N 106
Det M <fe Tol See L S & M So
Det & Mack Ist lien g 4s. 1995 J-D
98
Gold 4s
90»4 92
1995 J-D
Dul<& Iron Range l8t5s.. 1937 ,\-o
Registered
1937 A-O
2d 6s

Oct '98

140

M-N I52I4
M-N *150

J-D

120»4 1231a
1361a 140
101ial04ifl
138ial40i2

130I2 J'ne'Ol

ISOig

M-S 145
M-S
A-O 115%
A-O
A-O IIII4II21.J
A-O

J-J
J-J

105

Illinois Central Ist

38

97 14
98
6G J'nt'Ol

AC

Del ljack& Western 7s... 1907 M-S
Morris <fc Essex 1st 7s... 191 M-N
7s

So See Ch M & St 1'
See Pere Mai
4 lint& I'ereM
HaCen& Pen Ist g 58... 191 s
ist land gr ext gold 58.. 1930
1943
Consol gold 68

Houst
136

J-J
y-j

FA

Apr'Ol
103
May'99

Ask Low

&

Ifock Val I8tcon8olg4ia8. 1999

O

J-J
J-J

101 10514
99
99
98I4IO4I4
102 105%

'01

llS'aMav'Ol
IIG'4--130 ISl^z 138 J'ne'Ol

Q-J

A-O
Apr

Jan

Range or
Last Sale

'J8

Bid
I.'argo

Week's

Price
Fridai)

June

Indlstcon gng68..192G J-J

F,v<fe

Ga & Ala Ry

Cin S

CCC& St

BOXD.S

STOCK EXCHAXGE
Week Endlvo June 28

X. Y.

January 1
1.010

1271

2

MX

—

S

Bond Record—Continued— Page

1272
BONDS
N. T. STOCK EXCHANGE
"WEEK Ending June 28

^^

& Nashv—('Ccm^inw^rfJ

Loulsv

O&

MS

. .

Price

Week's

Friday
June 28

Range or

Is

Last Sale

01^ January 1

Ask

£id

M 2(tK0ld

1930 J-J
6s
Peusacpla Piv gold Gs. 1 02O Ifl- S
1921
St L UiV 1st sold 6s
1<,)80M-S
2d gold 3s.:.
KeDtnckv Cent gold 4s.. 1987 J-J
JSf

Ii<fcN&M&Mlstg4^2Sl945 W-S

119»a.
1131-2.

12612.

io6%'
lllio 114

N Fill & S 1st gu g 58.. .1937 F-A 112
Pens & Atl 1st gu g 6s.. 1921 F-A 11334
a & JS" Ala con gu g 5s..l9:i« F-A 112^4
1910 A-O
Sink fund gold 6s
99
I. & Jeff IJdS'e Co gii g 4r. 1945 •!-

See C I & L
Malioii Coal See L S & JI S

XA

Loto

Itange
Since

High No Low

Jfiah
1191-211&12

119i2May'01
115 Dec'OO
126I4 Jan'Ol
68 V Oct '00

12614 12614
"9634

102

J'ne'Ol
llOi-jAIar'Ol

Rvconsol4s.l990 A-O 105
A-O
J-J 117
J-D

1990
lUcistered
Metiopol El 1st g6s....l90S
1934
Coloniz g 5s
Cftnt
JIcK'pt i& B V See
Metropolitan El See Man Ry
Mex Cent oonsol gold 4s. .1911
Istconsol income g 3s.a]939
2d consol income g3s..ol939
1917
Equip <fc coUgoldos
1919
2d series gold 5s

ManSW

02"'

'IIII2II3
110 112%

Mar'Ol

100

Sale

105

119

117

J-J

89
36
26

Registered

lOo'iJ 301

92

89

90

3412

3634 829

25

26

252

A-O
A-O
90 7« Sale
9934
M-S
9118 77
103 ig Apr '00
J-D
80
M-S
AiJr'Ol
23 J'ne'Ol
Aue
105 Mav'OO
J-D 103
1910 J-D

27

13

82 14 9118
85 12 86
23
23

M

Istconsol goldos
1934 M-N
Istandretuud gold 4s. .1949 M-S
See B C R <fc N
<fe St L gu

I4412
II712
125 129
llSHj
11734

1031^106

147i2Fel)'01
119
119
123 "2 Apr'Ol
122 12 Feb '01
117 May'Ol
104 12 10412

M<feP]st58stpd4sintgu 1936 J-J
M S S M <fe A 1st g 4 int gu 1926 J-J

MStPc&SSMcone4intgu'38
Minn Un See St P M &M
Mo Kan & Tex 1st g 4s. 1 990
. .

2d gold 48

fifl990

J

9334 Sale
86^4 Sale

-D

F-A

104

1944 .M-N

1st ext gold 5s

103i2Apr'01
98 Apr'Ol

91

J-J

Boonev Bdg Co gu g 7s. 1906 M-N
Dalcfe Wa 1st gug 5s... 1940 M-N
M K & T of T 1st gug5s.l942 M-S 105 Sale
SherSh& So 1st gng 58.1943 J-D
K«nC<fc Pa« 1st g 4s. ..1990 F-A "flio" "93"
TebOifc Neosho 1st 7s.. .1903 J-D
Mo K & E 1st gn g 58
1942 A-O 110 ...
1151^
Missouri Pacific 3d 78
1906 M-N
12311st consol gold 6s
1920 M-N
Trust gold OS stamped. al917 M-S ibsia Sale
Registered
al917 M-S
1st coU gold 58
Ree-istered

.110
1920
1920
reroy&CVAElstgos 1926
107 Sale
Pac R of Mo 1st ex g 48.1938
116
2d extended gold 5s. ..1938
117 Sale
St L, Ir M& Sgeu con g 5sl931
Gen con stamj) gtd g 5s 1931 A-O
"Unified & ref gold 4s. .1929 J-J
95 Sale
Registered
1929 J-J
Verdi V I & "W 1st g 58.1926
Miss Ri V Bridge See Chic & Alt
Mob<fe Birm prior lien g 5s 1945 J-J 1081a.
Mortgage gold 4s
1945 J-J
85 .
Mol) Jack <fe K C 1st g 58.1946 J-D
Molxfc Oliionew gold Gs.. 1927 J-D 128 130
1st extension gold6s..7i.l927 Q-J 126
General gold 4s
1938 M-S
96
J P Morgan <fc Co ctfs
Montgom Div 1st g 5s. .1947 FA II512II9
St L& Cairo gu g 4s....l931 J-J 100 la

MS

Mohawk & Mai SeeNYC&H
Monong-dhela Riv See B & O
Mont Cent See St P M M
Morgan's La & T See S P Co
Morris & Essex See Del L "W

9834

86 >2

9,914

127

38

87

IO2I4 103
100;% Nov'99

100 Mar'Ol
iOoia
105
10578Apr'Ol
90 Apr'Ol
IO912 J'ne'Ol
114 J'ne'Ol
I23I4 I2314
IO8I3 10834

75

14 97

9978

87
106

99 100
96 106
9934105^8
87 12 91
107
114

IIOI4

117
3i II912I25I2
87 IOOI2IO912

130
II412II5
121

J-J

MW
T&P

J'ne'Ol

103

110

H6ia

<fc

Man Bch

Y Cent & H B

Se«

L

MS

1st

gug 4s.. .1981 J-D

'Clearfield Bitum Coal
1st s f int gu g 48 ser

Corp
A 1 940 J-J

anil

.

High.

llOi^Mar'OO
117^8 May'Ol

113 II6I2
II2I2II512
IO8I2 11034

IIOI2III
IO8I2IIII4
117

117^8

128

128

14638l46-'^

.
.

103

IO312.
101 h .
II8I2.

130

May'Ol

103i4Mar01

.

109

1021-2 10638
1021-2 10314

119 J'ne'Ol
13138 13138

II8I2II9

1271oNot'00
110 Mar'Ol
106i2Nov'00

110

127«8 13138

110

115^8 May'OU

120 I24I2
I25I2I27I2
112
112
Ill
107 Sale

122 V May'Ol
12612 1'26V
113 Apr '99

110
107
106

121 I2212
125 12 12834

Oct "OO

107V
J'ne'Ol

30 106
106

IO918

107

\

<fe

NY

NE

<fe

Ist 78

..1905

<fc

<fc

cfe

114
110

134I2 May'Ol

Jan '00
Apr'Ol

110

110

104i2( 43 104
IO414 Sale 104
lOliaNov'98

108

133

.

202

Feb '01

117>a.

J

N Y North See N Y C H
N Y O & "W ref 1st g 4s..ffl992 M-S
Regis $5,000 only
01992 M-S
N Y Put See N Y C H
N Y & R B See Long Island
NYS&"W SeiSErie
N Y Tex M See So Pac Co
Nor (feSoutlilBtgos
1941 |M-N
Norf & "West gen g 6s
1931 M-N
Improvem't & extg6s..l934 F-A
New Ri\'er 1st g 6s
1932 A-O
N & "W Ry Ist con g 4s. 1994? A-O

Feb '01

102
202
197
136

1905 J-J

1st 6s

102
202
195

102
196
195
134

199

cfe

<fe

II213

IIOI2 May'Ol

132
133
132
103

132
133

134
Sale

1996 A-O

CC<feTl8tgug5s
1922 J-J 108 110
ScioV& N Elstgu g4s 1989 M-N lOlia
Q-J
Q-J

10578 Sale

Q-P
Q-F

7234 Sale

May'Ol
133
13138 Apr'Ol
102 12 103

IIOI4II2I2
132 136
131 133 12
131 I33I4
9912IO4

9738 J'ly '00
I0712 J'ne'Ol
102 J'ne'Ol

IO712IO7I2
IOII2IO312

IO512 105^8
105 J'ne'Ol

IO4I4IO6
IO412I0578

72-12

7234
7238 J'ne'Ol

6912 73^8
7238 7238

CB<fcQcoUtr48

See Gt Nor
St Paul-Dul Div g 48.... 1996 J-D
Registered
199G J-D
StPifc
gea g 6s. ...1923
Registerea certific'8..l923 Q-F

llOiiJ'ly'OO

129
129
130 Jan '01
96
96
96 J'ne'Ol
115i2J'ne'01
lOliaApr'Ol

NP

I2712I32
130 130
8712 96''8
94I2 96
110 11634
100 IOII2

FA

StPaul&Dul

130
II4I2

J'ne'Ol

II412

113

Dec'99

111

Dec'99

128
111

130
116

.100

131

F-A I2112
A-O 112 114
1968 J-D 104
88 12
194« Q-M

1st 58. ...1931

2d 5s

1917'

1st consol gold 4s

"U'ashCentlst g4s
Nor Pac Ter Co Ist g 68..1933 J-J
Nor Ry Cal See So Pac
Nor "Wis See St P JI <fe O
Nor <fe Mont See N Y Cent
See C C C & St L
<fe "W
hio River RR 1st g 5s. 1936
General gold 6s
1937
StL 1st g 4s
1901 J-J
Ore & Cal See So Pao Co
Ore Ry & Nav See Un Pac
Ore RR & Nav S«e Un Pac
Ore Short Line See Un Pac

Om&

11719

110
100

112
70

100

100

100

102

131i2Feb'01
132 J'ly '99
122i2Feb'01
112 J'ne'Ol
102 Feb '01
8834 Mav'OO

I2212I2212

117^8

II5I2II9

1177f

II2I2 J'ne'Ol

131ial31i2
III1-2II7

102

112

1121a

108

111

102

105

Dec'OO

95
75

Apr '00

111

111

103

NYC

Oswego & Rome See
O C F <fe St P See C &

N "W

Sink fund subsidy g 6s. .1910 M-N
IO6I2IO8
Penn Co gu 1st g4i2S
1921 J-J *114i2.
Registered
107 107''8
1921 J-J *11034
3
109 14 110
coll
Guar I2S
trust reg.1937
109 11034
109 12 May'Ol
IO91-2IO9I2
C St L & P 1st con g 5s. 1932 A-O 123 126
•10484
Registered
10434 J'ne'Ol
104^8 10612'
1932 A-O
10434
CI & Pgengug4i2SserA.'42 J-J I2212.
IO514 May'Ol
105 10634
109i2Sep'97
10434
Series B
1942 A-O I2II4.
10034
Series C 312S
103 ig Apr '01
IO214 10478
1948 M-N
102i4Jan'01
IO214IO2I4
10034
Series D312S
1950 P-A
Erie cfe PittsgugSVs B.1940 J-J
101 10138 J'ne'Ol
1013810338
10234 Aug'99
Series C
aoi
1940 J-J
9734 Sale
9734
50 96
NcfcC Bdge gen gug4i28 1945 J-J Ill
98
99
97>
97
P C C <fe St L con gu g 4I23—
97
2 9412 97I2
95I3 9612 95 12 J'ne'Ol
1940' A-O II4I4.
Series A
9712
94
Series B guar
96 Mar'Ol
96
97
1942 A-O II4I4.
Serie« C guar
110
111 Mar'Ol
1942 M-N
111 11218
Series D 4s.guar
1945 M-N 106 12.
106 J'ne'98
31-2"
9934
Series E
guar p
iis'
1949 F-A
Pitte Ft "W <fe C 1st '?s...l912 J-J
2d 7s
1912 J-J
3d 7s
7il912 A-O 128
95 J'ly '98
10734
107 lo J'ne'Ol
110 J'ne'Ol

10734

.

MS

102 May'Ol
101 Dec'OU
115i4May'01
11034 J'ne'Ol

II4I4II514
110341141a

102 Nov'98
122 12 Apr '01

12212 1261a

'00

121

Oct

102

Nov'OO

.

BONDS—Continued

II412 J'ne'Ol
113 J'ne'Ol
11612 Feb'Ol

II414II8
113 11734
1161211613

109 Apr '00
97 May'Ol
136i4Apr'01
136i4Apr'01
130 Apr'Ol

97
99»4
136I4I86I2
135 I36I4
1283413618

IO6I4 Feb'Ol
107 J'ne'Ol

IO6I4IO6I4
9634 108

on Noxt Page

Coal and Iron

Telephone

Comm

Cable Co Ist g 4s. .2397 Q-J
Registered
2397 Q-J
Erie T cfe Tcol trgs f 58..1926 J-J

lOOiaMay'Ol
lOOiaOct '00
109 Oct '99

Met T T 1st s f g5s
1918 M-N
Mut Un Tel Co See Westn Un
N Y N J Tel gen g 5s. .1920 M-N
No Westn Telegi See "West Un
cfe

112

cfe

Nov'99

"West Union coltr cur 5s.l938 J-J '114
115 J'ne'Ol
Fd and real est g 4Vs... 1950 M-N
109% IO712 J'ne'Ol
Mut Un Tel s fund G3...1911 M-X ill' Sale 111
111
Northwestern Tel 7s
1904 J-J
t

Coal and Iron
.Cab Coal Min See TCI cfe B
Clear! Bit Coal See
Y C cfe H'
Col C cfe I ext 1st con g 6s. 1902 F-A lOS
ColCcfe IDevCo gug 5s. 1909 J-J
"'62'
Coupons off
1909

Col Fuel Co gen gold 6s... 1919
Col F cfe I Co gen s f g 58..194«
De Bardel C cfe I See T C <fc I
Gr Riv Coal cfe Cist g 68. .1919
Jeff cfe Clear C cfe 1 1st g 68.1926
2d gold 5s
1926
Plea« Val Coal 1st gs f 53.1928
11138 11 57g Koch cfe Pit Ccfe I purm 58.1946
IO5I2IO9
Sun Ck Coal 1st g 8 f 0s...l912
Te«n Coal TDivl8tg6s.al917
111 116
Birm Div 1st con.sol 6s..l917
Cah C
Co 1st gu g Gs. 1922

100ial02

M

De Bar Ccfe

I

M-N

FA

'107

101

A-O
J-D
J-D
J-J

95 H .Tan '97
107 M!.v'97
80 MHy'97105 Oct '00

M-N
J-D
Jlay'Ol
J'ne'Ol

104
105

110
112

J-D
105 Fcb'OO
Co gugGs.1910 F-A ibsUSale' 102 V I03I4
J-J
32 Jan '00

100

1041a

A-O 105
J-J

106

lliv 112

WhLEcfc PC Co 1st g 53.1919

N

* i<'o

115 1^
115
II414 J'ne'Ol
IO8I2 J'ne'Ol
111 May'Ol
108i2J'ne'01

128 J'ne'Ol
14638Apr'01

.

WW

ftllSCELLANEOUS
Telegraph

128
143
132
127

1946 J-D '110
PacCoaat Co 1st g 5s
ac of Missouri See Mo Pac
4
Panama 1st s fund g Vs.. 1917 A-O 103 12 105
10734

A'o Loio

<fe

J'ne'Ol

A-O

I

1st 7s.. .1903 J-J

Registered
1903 J-J
GoVd mortgage 3 i2S
1997 J-J
Registered
199 J-J
Debenture 5s of.. .1884-1904
Registered
1884-1904 M-S
Regist deb 5s of. ..1889-1904 M-S
Debenture g 4s.. ..1890-190 J-D
Registeied
1890-1 905 J-D
Debt certs ext g48
1905 M-N
Registered
1905 M-N
Lake Shore coUg 3i28...1998 F-A
Regis ttred
1998 FA
Mich Cent coU gS^sS
1998 F-A
Registered
1998 F-A
Beech Creek 1st gug4s. 1930 J-J
193"*' J-J
Registered
2d gu gold 5s
1936 J-J

& Ad

Blk Riv gug4s. 1922 J-J

May'Ol
107

Gin Bdge

N Y Bkln

116

N

100 100
North Illinois See Chi & N
10 106 107
North Ohio See L Erie &
113 115
Northern Pacific
1171-2 154 114
119
Prior lien ry& Igrg 48.1997
llC'^s
116i2J'ne'01
II412II6I2
Registered.
1997
84I4
96I4
'297
94=8
General Hen goldSs
a2047
96
Registered
«2047
100
107
115

NewHc&D Se«NYNH&H
N J June RB See N Y Cent

NO&N E

MS

Registered
1931 Q-M
1940 J-J
4s
Registered
1940 J-J
Bat O & Stur 1st gu gSs. 1989 J-D
Y & Harlem g 312S...2000M-N
Registered
2000 M-K
North 1st g 58. ..1927 A-O
R "W<fe Ocon lstext58.7!l«22 A-O
Oswe & R 2d gu g 5s...el915 F-A

OInd

1st
5s
1928 A-O
Jasper Branch 1st g 6s. .1923 J-J
& Al Isl 6s. .1917 J-J
McM
Branch 1st 6s. ...1917 J-J
Nash Flor & Shef See L & N
See Penn Co
prior lien g 6s j;1915

MS

Registered

110

<fe

cfe

1934
McKees* B V letg68 1918
Mich Cent 1st consor78.1902
Istconsol 5s
1902 M-X
6a
1909
58
1931

103 12
98

96I4

115
114

II6I2.

Convertdeb certs§l,000
A-O
Small certe SlOO
Housatonic R con 5s.. 1937 M-N
N H <fe Derby con gg 58. .1918 M K

<fe

Chat
St List 7s. 1913
Nash consol
gold

J-J
J-J

I47I2I4712
119 I22I2
I2312I23I2
I22I2I22I2
II6I2II8I2
97 104 12

102
98

High

iO'i" Fei)''b6

J-D *108i2lll
J-D '•108 12
J-D 10334
J-D

N Y Chic & St L Ist g 48.1937 A-O
Registered
1937 A-O
N Y & Greenw Lake See Erie
N Y Har See N Y C & Hud
N Y Lack &yf SeeT>lj&Vf
N Y L E & W See Erie
N Y & N E Se« N Y N H H
N YNH<fe Har lstreg4s. 1903 J-D

Minn

Cart

Registeretl

Ut.ica<fc

See Ch
& St P
Minn
L 1st gold 7s.. 1927 J -D
1909 J-D
Iowa Ex 1st gold 7s
Pacific Ex 1st gold 6s... 1921 A-O
South "West Ex 1st g 78.1910 J-D

isr

Shore 1st 4s gu...2361
2861
7s. 1903
Registered
1903
&old3i28
1997
Registered
1997
DetMon&Tol 1st 7a. 1906
Ka A & G R 1st gu o 58. 1938
Mahon C'l RK 1st 58. .1934

"We.st

RW<feOTBl8tgug5a.l918M-N

xfe

Since

NY<S;Pulstoongug4sl993 A-O IO5I2IO712
Nor & Mont let gn g 5s. 191 A-O

NY&

il

Loio

Range
« JQ January 1

107i-ij'iy"'o6

1992 Sep
83
gnl6t4s...l98G FA 105
Registered
1986 F-A

IO4I4IO6I2

8OI2 90
S8I1
26

Last Sale

InconieSs

IO514 IO5I4
115 II712

IO0I4 May'Ol
J'ne'Ol

MU L S W See Chic & N W
M & Jfad See Chic & N W
5IU & North See Ch il & St P
St P
<fe St

Ask

NJ JuiicR

PittflMcK&Yl8tgu63.1932
S910
Sale
Sale

Week's

Range or

Bid

'R—{ConUnned)

2d guar 6s

J'ly
J'ly

Price

Friday
June 28

Gouv&Os^TOlstgug5a 194'2 J-D
Moh Mai 1st gug 4s.. 1991 M-S

100

NY

Mich Cent See N Y Cent
Slid of N J See Erie

New &

Y Cent & H

{

1

IIOI2II2
112 115

MexInt6rnatlstcong4s.l977
1927
Mex Xat 1st gold 6s
2dinc6s A cp stmpd..;il917
2d income gold 6sB...M917
Mex North Ist gold 6S....1910

<fc

"Week Ending June 28

Oh

cfc

ajiliattau

Mil

BOi\l>(».

STOCK EXCHANGE

N. Y.

LXXn.

[Vol,

3

Lake Shore consol 2d
100

.

<$-

115 May'Ol
113 Apr'Ol
112 12 May'Ol

.

I^

6

10218 J'ne'Ol
65 Nov'OO

price Friday; latest bid and aaJced thia week,

10184 104

-i:

o Due Jan

e

Due May

Gianni acturiug Sc Industrial
Amer Bicycle s f dcbeu 58-1919 M-S
Am Cot Oil ext 4V.S
1015 Q-F
^7

Due Jne A Due

J'ly

jj

75
81
102 Sale 102
Due Nov s Option sale.

102

75
99

82
102

—

—

BONUS
STOCK EXCUANGE
Week Endinq June 28

N. Y.

I*rice

Week'x

Hanye

Friday
June 28

Range or

Since

January

Last Sale

Ask Low

Hid

RR Ist real eat g4s.l923 M-

Hiflh

No Low

1

Jlifjh

May'97

108

113

194:i t*
Consol gold 4s
AUeg Val gen gn g 4s... 1912 m
CI & Mar l8t gu g 41-28.. 19:<r) M-

Bge Ist gu 4s g.'iiti F
GrR<fe lexistgng4H2Sl941 J

J)iv Istg Ss. 193»
SagTu8<fc 11 Istgug 48.1931
Creek reg guar 68... 1932

'

Kne

12334

..

114-'.t..

A
F

lllHj..

&

J

Bicb

J'ne'Ol

137

Nov'97

117

.

lOOViApr'Ol
10()0g May'Ol

101

12m5Mar'01

121Hjl23
98 ^8 Sale

981a

92

103
95
92
105
83

1939
Consol and col trust 4s .1949
Utah Cent Ist gu g 48.al917
,Bio Gr Juuo 1st gu g 5s.. .1939
1940
'Bio gr So Ist gold 48
Guaranteed
1940

103
96

Sale

99

Apr '01

103»4
J'no'Ol

88^8 Sep '()0
105 Feb'Ol
8412 84 May'Ol
,

94I4 May'Ol

R&P

SeeB

Wat & Og SeeNY Cent
Tus <a a See Pere Marq
Sag
alt LakeC Ist g s f C9..1913

Eonie

St Jo&Gr Isl Ist g 3-48. .1947
St Law & Adirou Istg 5s. 1990
2d gold 68
1996
St L ifc Cairo See Mob <& Ohio
P
St L & Iron Mount See
St L K C <fe N See Wabash
St h M Br -See T RR A of St L
StLicfeSFran 2dg6sCl A.1906
190<!
2d gold 6s Class B
2d gold 6s Class C
1906
General gold 6s
1931
General gold 5s
1931
l8t trust gold 5s
1987
PierceC&O 1st g 68.. .1919
St 1j <fe 8 F RR gold 48. .1991
Cent Dlv Ist goHl 4s..l929

97

97

100=8

98

.

N

gu g

141

.

118^4

1271a 1361a

H2iall9

.

.

116>4.
105

M

10234
J'ne'OO

96
97

98
811a

99 196
82 14 195

.

y^'m

106

106>a"«'ie'01

Apr'OO

122

128
140
115
122

121 »4.

120

Apr'99

104

Jan '01

140

MayOl

Apr'97
122

Bay

100
10234

9514IOII2
82'
71

Deo'99

123

J

9434

M

Feb '01

loeiaPeb'Ol
87 Jan '01

J

88

84

W

9118 J'ne'Ol
10434

Feb '98

. .

&

So 1st g 5s
1924 J-J
Ga See Southern

So Car &
Southern Pacific Co

2-6 yearcoUtrg4'.2S.... 1905 J

99»8 Sale
93 1-2 Sale

Gold 4s(CentPac coll). /(:1949 J
ati'gistered
IcWlM J
l8tgug58
A<fc N
1941 J
Cent Pao 1st ret gu g 4s 1949 P-

W

19.1;)

1131a

lloialll^
86I4 95

92 la
137
125 Feb'Ol

136
125

1371a

125

B

190.")

NO

112
108
108
108

A-O

....
....

10734

120

119

1

Feb'Ol
Nor'OO

1201a Sale

112

119
109

1121*

121

12.-

110

110»4

10334

UII9

UI34I2I

41

119

119
Apr'Ol

2 116

109

llQia

120 Mar'O]
94 la May'Ol

120

120
95 la

119^4121

1191a.

121 J'ne'Ol
VM) Apr'Ol
1191a iigia

114

.

11434 J'ne'Ol

128

.

95

1271a.

124

.

1081a....

i07 1^112 la

115
115

W

1061a 1093*

Apr '01

nil,

120

110

06 14 Nov'97

11034
II9I4

119

MS

UOialUi-j
108ialllia
106'gl06«8
108 108

no
HOT, Sale

1071a

77^8 9134

44

10734 J'ne'Ol
II2I4 J'ne'Ol

.

113

106'e.\pr'01
108 J'ne'Ol

107

1905-1937 .M-N
6s. .1911 J-J

1931

113
106

'01

30 -I 90
9034
114 114i2J'ne'01
lllia-Ian'Ol

9<)

gug 48.. ..1937 J-J

F 5s

Jan

113

93I4

1171a 120'4
117 121
II314 1161a
1241a 128
124i8l'29

128
128
124

J'ne'Ol

1241a
101i4J'ly'00

122

124 4

109
83
110
102
109

Apr'Ol

109

IO914

12s

Dec '00
ioe" i'lo"

110
Oct '99

Jan

'99

113
115

116
115

116

120!^

116 Mar'Ol
116 la May'Ol
115 Mar'Ol

116

116

104
119
99
111
116

104 104
115 '8 1201a
90 lot)
noia 111

115
115
115 J'ne'Ol
91 la Sep '00

120 14 121

120S8 J'ne'Ol

117

J'ly'OO

A Lew See Penn RR
Sj-raBingANY -SeeDLAW
AN

-See

MKAT

St L 1st g4ia8.. 1939
1894-1944
let con gold 58

A-O

PA

1151a.
11234

St L M Bge Ter gu g 58.1930 A-O
Tex A N O See So Pao Co
Texas & Paoillc Ry—
E Div Istg 68
1905 M-S

2dgoldinc58

LaDiv B L l3t g
A O C Ist g 53

53

Western Div 1st g

.

1181a 120

2000 J-D
92000 Mar
1931 JJ
1935 J-J

58. ..1935

A-O

111
1051a.

PA

M

11514 1161a

115

Feb'Ol
1191-2

Mav'Ol

J'ne'Ol
J'ne'Ol
II5I4 Jan '01

116

General gokl 5s
1935 J-D
1st gu g 48. ...1990 A-O
Kan A
Tol
Wist gold 43. ...1917 J-J
11434 1161a TolStLAWprlieng3ia8.1925 J-J
116l8ll6l8
1925 A-O
SO-year gold 4s
12 116 1201-2 TorHamABuai8tg4s.fcl946 J-D
:07i
|l03
UlsterADellstcongSs 1928 J-D
106 106
n Pac RR A 1 gr E 4s. .1947 J-J
IO6I2IIO
Registered
1947 J-J
1911 M-X
Ist lien convert 4s
OreRyANavlst8fK63l909 J-J
Ore Ry A Nav con g 43.1946 J-D
Ore Short Line lstg6s.. 1922 FA
132 140
1946 J-J
1st consol g 58..
Non-cuminc A 58
/il946 Sep
121 122
Utah A Nor 1st 78
lfM)S J-J
Gold 58
1926 J-J

981.

'9414
9134
91
84^8 Sale
991a

106 la 1061-2
96 J'ne'Ol
94 J'ne'Ol
911a
8478

99

91^4

85 14

100

1141a

112

110

1084

95
86
10 88
79 73
11 98
107

99
94

1031a

131

129
1191a

117
116

UO

Apr'Ol

I03I4 10334
I2914 12914
121 J'ne'Ol
106 Jan '01
II712 J'ne'Ol

924
8r,i^

100

1084
107
1063^

129
110

15 10234 105 14
2 12634 130
|115

106
117
113

Mar'Ol

1113

1174

11 5 '4 II5I4

lOSia J'ne'Ol
10634 107
115i 105
106-34 J'ne'Ol
104
Sale 111114 1141a 2713 103

108

115

12 103

10634 Sale

Uni N J RR A C Co See Pa RR
Utah Central -See Rio Gr Wes
Utah A North -See Un Pacific

104

104

121
106
119
113

A Black R See N Y Cent
^'erVallndAW -See Mo P
'

J'ne'OO
1261a Jan '00

127
112

«fe

Registered

2S 110

Simb

llSi-llS^B
14008 142

99»8

85

Nov'99

9334

f

87 14

llOi^ 111
IO214 1021a
99'aJ'ne'OO
87»4 871a
8734

See South Ry
1st gold 5s
1939

Mid

1939 F-A
A
1939 J-J
9434
94
Series B
1939 J-J
106 la 10934
Dot A Ch Ext Istg OS. .1941 J-J
87
87
DesMoin Div Istg 4s. .1939 J-J
91 14 91^^
St Chas Bridge Lst g 6s. 1908 A-O
Wash Cent -See Nor Pao
Wash O A
See Southern
WestN
Pa Istg 53. .1937 J-J
Gen gold 3-43
1943 A-O
Income 5s
(n943 Nov
West No Car See South Ry
West Shore See N Y Cent
VaCent A P Istg 6a. .1911 J-J
953810114 Wheel'g
l.st g 5s. ..1926 A-O
95 1-2
Wheel Dlv 1st gold 58..1928 J-J
83
Exten A Imp gold 5s... 1930 F-A
1st consol 4s
96 111
1949liI-S
100 1021q Wilkes A East See Erie
Wll A Sioux F See St P
AM
87 83 14 89 la Winona A St P See C A N
Wis Cent 50-yr Istgen4a.l949 J-J

98

110

112

J'ne'Ol

122

'

100

IOOI4

40

MarOl

11 310

UC

116
113
113
Ill 1-2 115 112
93
931-jSale

91 14 Sale

120»»

108 114
10 9638102 4
102
70
681-2 603
40
no 111
1103, j'neOl
98I4 May'Ol
95
984
110 112
110 J'ne'Ol
114
100
65

12214 122

100 14 Sale

ALE

W

114
100

6634 Sale
llOia
971a

W
YA

M

nolo 67 117

M-N 119i4Sale 119

»V
2d gold 58
Debenture series

W

90
93

110
102iQSale

guiu- gold 3 "28.. fcl 929 J
Ufgistired
fcl929 J

irginia

^T^abash

112

J

A
A

1918 J

Mort

II3I0
J'ne'Ol
J'ne'Ol
J'uo'Ol

Utica

M-S

StlSpoca&G i'eeSavF&W

S(Kl

Coast Ist

LerAof

10234

11634 11634
10514 J'ne'Ol

lO?"!!

Scioto Val <fe
E .S'ee Nor <fc
Siabife Hoa 1st 58
1926 JCar Cent 1st con g 4s. 19-i9 J
Sher Shr
So See
K T

&

P

'Pebo
9II4IJO2

lieisApr'Ol

1948
1922
1937
1937

4s.

I4

107>aMar'01

LAN

M

&G

111

A-O

1936tafl-N
General 5s
Guar stamped
1936 M-N
^
OA
Ist cy gu 48. .1924 F-A
West N C Ist con g 68.. 1914 J-J
112 11218 S A N Ala -See
11134 11418 Spok FaUs A Nor Ist g 68.1939 J-J
111 11418 Stat Isl Ry 1st gu g 4ias..l943 J-D

Apr '01

Nor Div IstgoW 48. ...1948

W 1st gug48.. 1938

iia

ETVaAGa

M»7'01

118"8 Feb'Ol
140*4 J'ne'Ol
13734 Feb'99
llGiaJ'ne'Ol

115!^.

1933
1910
193
Registered
1937
EMiiiii 1st div Istg 08.. 1908
Registered
190H

Sp Oca

1107141071*
106 14
1(H)
105 107
106 1061a

J'ne'Ol

1)2 'a

137ial38

1905 A-O

g 68

Tol

Registere<l
Dakota ext gold 68
Mont ext 1st gold 4s

Sil

1-st

l8t g 68 series

Istgold 5s
9534 Sale
81\ Sale

M

Bruns&

AO

IstgOsscriesC <fe D.lOOf; A O
1 8tg 68 series E& F.1912 A-O
1912 A-O
Ist gold Cs
1937 M-N
let con guar g 5s

100
100
100

.

W

Low HigK

e'lO.^'allaia

106 14

1<«
105

113
91

1905 F-A
Ist 78
Sabine Div IstgSs.... 1912 M-S
1943 J-J
Con gold 5s
1994 J•Southern— Ist cong 5a
100 1001.2
1994 J-J
Registered
98 100^8
Mem Div 1st g4-4ia-6s. 1996 J-J
121 1211-2
1996 J-J
Registered
194 921a 99
1918 J-J
AlaCenR Istg 63
92
92
1948 j.j
Atl& Danvl8tg48
Atl <fcYa<l Istg guar 48. 1949 A-O
191(; j.j
CoI<feGreenvfsi68
Div g 58.. 1930 J.J
19,''>6 M-N
25 981a 10334
Coa Ist gold 58
93 14 06 '4
1938)m-8
ETen reor lien gSs
1938|NI-S
Registered
105 105
1922 J-J
GaPac Rv Istg 6s
Knox & Ohio Ist g 6s.. .1925 J-J
801a 84
94I4
1915 J-J
Blch&Dan con g 68
921a
Equip sink fund g 58.. 1909 M-S
1927 A-O
Deb OS stamped
Rich A Meek Ist g 48.. .1948 M-N
So Car A Ga 1st g 5s. ...1919 M-N
Virginia Mid serD 4-58.1921 M-S
891a 98
1926 M-S
Series E 5s

Gray'aPtTer IstgugSs 1947

SF&NP

8 Pof Cal

1141-2
1151-2

W

St Paul <fc Dul *«e Nor Pacific
<$! Man 2d 68. ..1909
St Paul
1933
ist consol goldOs
Registered
193
Eeduced to gol<l 4128..I933

Registered
19:i7
Ist guar gold 5s
Registered
1937
Will& S F 1st gold 5s..l93»
Registered
1938
St P & Nor Pac See Nor Pao
St P cfc S'x City See C St P
ifcO
SFeiTesA Ph Istg 5a.. .1942
S A & A P i5>ec So Pao Co
Isteinki: g 63.1919
Sav F cfe
Ist gold 68. ...1934
Ist gold 58
1934
StJolin'sDiv lstg48...1934
Ala Alid Ist gu gold 5s. .1928

AO
AO

USSsils'

114'«11534 112 May'Ol
114'«11534 114^8 J'ne'Ol
11413 11534 II418 May'Ol
1361a 1361a
119
119
1021a Oct '00

Southw Div Istg us. .1947
T<aus;isMldl8tg43
1937
St Louis So .See Illinois Cent
St L S VV Ist g 43 bd ctf8.1989
2d g 48 Jno bond ctls. .pl989

g 63

110

Since

Jfifih\ A'o^

1131a 11:;
10714 Feb'Ol
1061a Feb'Ol

<;al 1st gu e68....1907 J -.7
1938 A-O
Guai-antee<l gold 58
<fc Cal Ist guar g 58.1927 J-J
.SA& APassl8tgug4s.l943 J J
So P of Ar gu 1st g 68 C1909-10 J.J

Series

NorthwDiv Istg 48.. 1930

Monte IstgugSs

Ask Low
115

.SPacofX.Mex Istg

M

Registeretl.
Minn Union lat

January 1

Ore

Texcfe

Co corUM

Pitts

127

Nov'98

90 J'ne-Qg
11734 J'ne'Ol
98 J'ly'97

90>!».

lBioGrWe8tl8tB48

<fc

126
108
109

May'Ol

& Dan See Soutli Ry
& Meek See SoutUern

Boch

s;%

19'20 .;.J

B.-i

Stamp.-d

Pitta Y & Ash 1st cou 5s. 1927
ri> eadiii g Co geu g 4A.
1 997
JCV Registered
1997
Ilensselaer & Sar <SV« D & H
Iticli

133i4l33'2

H

&Y

M&

P

1121-2

N YT&Mex gtll8tg48.1912

F»b'01

127
112
114

121

1221a.

'

'

Last Sale

W T 1st g .58.1933 MX

Consol p 6s int guar.. .1912
Gen gold 4s int guar. .1921
Morgan's La <fcTl8t 78. 191C

107 "a Oct "98

W

PA

Range

$•::

Noof

j
St L Bee Penn Co
Pitts Cln
Pitts CIov & Tol Ist g 08. .1922 A-O
See i'enn Co
Pitts Ft
<fc Oil
1922 J.J
Pitts Juno 1st gold Os
Pitts
L Erie 2a g 5s... n 1928 A-0
BeeifY Cen
Pitt« McKees
Pitts
F l8t gold 8s. ..1916
Pitts Sh <fe 1, K 1st g 58.. .1940
1943
1st consol gold 58
1917
Pitts <fc West Ist g 48

&

&

g 5s redeemable. .1933 M-X
TCl8tg58intgu..l937|.)-J

<fc

1st gold

1331a Jan '01
101 Oct '(M>

K& PM

Pt Hm-on

112

'01

117" May 06

117

&

&

Peo

Jan

112
l(r7

<fc Atl &«« L <fc Is' an)]
St 1.
East See C C
Peoife Pek Un l8tg68....]92I OM921 M2(lgold4'-28
gGs.1920 APereMarq—
gold
consol
5s
11);J1> uri
l8l

Peuiuicola

K

Bid
Pac Co fContinvrl
ilar& S A Istg 68. .191 (/ F-A 113
190;-.
2il gold 7s
J-D 105
Mex<fe Pacl8tg5s....l93J M-N 104
GiU V G & N l8t gu g 58. 1 924 M-K 107

H

02

<fe

N RR&

We^k'g

Range or

Ist gu

Nov'9
11234 Mar'OO
1

Suii<fc Jjewis Isl g48...19;!t> J
Can gen 4s. 1944 MXT
J

Jhrtee

Friday
June 28

SiMitliern

Hous E

7ili)l!> (^

Kotristered

B4).M)H
N. Y. STOCK EXCHANGE
ENDINO
JUNE 28
Wklic
Gill

IDOf) J
CuDSOl sUTllng g 63
Con currency 6»reg...ffl90r) q
191!> MCoosol sold 5a

DKRR

1273

Bond EeCOrd— Concluded— Page 4

itJNE 29, 1901.]

Penn

j

91

120

95
31

1004
40

11341134

Mar'Ol
116
May'Ol
1
112
94 20Sj

93'-2j354

122

114

1174

11114 n6i^»

112
89

S5I4
I

112
94

924

MI.SCEI.I..\XEOlJS BONDJS-Concludert.
niiuiiitiictnriiiK

<V:

miscellaneous

IiMliiMi-ial

Am Hide A L 1st s fgOs.. 1919 M-S
Atu Spirits Mfg lat g 6s. .1915 M-S
Am Threa»l col tr 4.^...1919 J-J

94 4 Sale
79
00

l.st

Bar A S Car Co lat g 6s.. .1942
Giainercy Sug 1st gold 63. 1923
111 Steel Co deb 5s
1910
.\on-conv deben 5s
1913
Int Paper Co 1st con g 6s. 1918
Knic Ice (Chic) 1st g 6s. .1928
^'atstarcli Mfg Co Istg 68 1920
sks' fund deb 5s
1925
Stan Hope A T 1st g 68. ..1946
lucomo gold us
1946
"D

J-J

99"

A-O
J-J
9834

F-A

FA

*

48

964 Bkin Ferry Co 1st cong 53 1948 P-A

9114

764

85

74

Jan' on
90

99^8 .\pr'01

1104
93

94
63

93
"95" 107
96
Sale
63

il'i'

1144 114

101"

90 14

"
105

Jan

9-^

100

••••9

100
105

llh)4 J'ne'Ol

109

.-V-O

M-N 108

SLeathCosfdebg6a..l913 M-N

79

96
J'ne'Ol

99

A-O

J-J

944

1104
Aug' 00

MaVOl

Mad

1^*

No price Friday;

latest bid

1st

IO414

10434

Nov'99

90

Oct '99

101

Feb '97

g 53..1919|M-N
ri

63

Co Ixt g44s 5-20 year. .1917; J-D
S Yuba Wat Co wn g 6s.. 1923 J-J

Wat Works 1st 6s.l906'M-S
Vermont Mar 1st s f 5s.. .19101
aDueJau bDueFeb dDueApr flDue J'uo /iDue J'ly A; Due Aug n Due Sep

104i4Salo

and asked.

Garden

113

J-J

M-S

9()

niiscellnneons

Adams Ex ool tr g4s
1948 M-S
Am Dk A Imp 58 -See Cent NJ|

S(i

J'no'Ol

gold 53...1910 M-Nl
1st 6s
1901|J-J

Man Boh H ALi:i-uf!4s..l940,M-N
N ewport News Shipbuilding A
Dry Dock 5s
liKH) J-J
464 72 4
N Y A Ont I.aml lstg68..1910; FA
6
12
St L Ter Cupplcs Stafn A Prop
1134115
93

65
101.2

1004 lloboken LAI
1104 Iron Steamboat

J-J
.\-0

84I4 91"*
78
74 4 20' 63
Mar'Ol ...!in 111
11 294 354
33

89
74
111
32

ib7"'iVo"

J'ne'Ol

Apr'Ol

W W

Bkln
A H l.st5strctfs
ChicJc A St Yard coIg5a.l915
Dpt M A M Id gr 348 S A. 1911
Hack Wat Reor 1st g 53. .1926
Heiid B Co 1st 8 f g 6s. ...1931

1044109

Si.

1134J'ly'00

Val

}>

Due Nov

? Due

Deo #OptJonsale

— —

—

J

THE CHRONICLE.

1274

Volume

DAILY,

NEW YORK

M'eek ending

June 28
1901

U S

Bonds

Bonds

$12,600

3,100,560,$303,396,000

$14,185,250

$12,000

Wednesday
Thursday
Fridaj-

Week ending June 28

Bales at
Stock

$2; 006

1,000
10,000

January 1

$13,000

June 23

to

Hew York

Exchange

1901

1900

1900

1901

8,100,560
Stocks— No. sliares
65,918,443
1,957,386
175,757,441
Par value
$303,396,000 $190,124,700 $17,092,657,875 $6,329,437,662
shares, par

$14,000

$118,475;

$70,750

$26,000

BONDS

Government bonds
State bonds
BR. and mis. bonds

$13,000
12,000
14,185,250

1,000
6,489,000

$1,210,270
2,104,400
635,453,650

$5,024,610
1,273,900
281,459,400

Total bonds....

$14,210,250

$6,516,000

$638,768,320

$287,757,910

DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA

EXCHANGES

Listed

1901
Saturday
Mon(tay

Bond

Listed

sales

sliares

Unlisted
shares

sTiures

84,490
86,463
46,553
29,365
29,353
26,843

6,126,
10,942,

$52,066

11,555
10,937
13,538
8,799

8,580
40,085
10,000
20,000

203,067

61,897

160,031

..

Tuesday

Wednesday
Thursday...
Friday
Total

Philadelphia

Boston

Weekending
June 28

Bond

Unlisted
shares

sales

26,559
25,066

9,665
10,757
27,267
15,828
10,128
13,124

$21,000
74,100
113,420
221,600
128,000
171,500

134,233,

86,769i

$729,620

11,098
22,092
28,408

29.300:

68
98
72
102
30

Industrial aud Miscel
Cent Fireworks com. 100
Preferred

..100
Cliateaugaj' Ore & I 6s'15
Clies
O Grain El inc
48

&

Bid
23is

70
25
15

80

48

52

Common

100
Hock Coal&I pf 100 60
Oils
J-J
g 5s 1917
Ma<iison(Wis) Gas
Comprcs.sed Air Co. 100
14
Ist 6s 1926
A-O 3107 IO9I4 Cousolid Car Heating 100 55
Newark Gas 6s 1944. Q-J 5140 141 Consol Firew'ks com. 100 10
Newark Consol Gas. .100 55
58
Preferred
100
60
OS 1948
J-D 5105 10534 Consol Rubber Tire. .100
4
New Eng Gas <fc C See B oston 1 ist
Preferred
100
82
O&IndConNat&rUlOO 24 27 Consolidated Tobacco 48 6834
1st 6fi 1926
46
J-D
50
Corbin Cabinet Lock. 100 250
Provltfence Gas
50 ta;94
Corbin (P & F) Co
25 i 95
St JoseiA (Mo) GasCramps' Sh<feEn BldglOO
SO
OS 1937
J-J
94
95
Crucible Steel See Stock Exch
St Paul Gas stock.. ..100
56
GO
DlamonAMatch Co. ..100 145
General 58 1944. .. M-S t 86is 8Sis Electric^oat
100
21
Syracuse Gas stock.. 100
18
22
Preferred
100
49
Ist 58 1946
J-J
92
961s Electric Veliicle
100
81s
Western Gas (Milw). 100 98
Preferred
100
18
53 ^ee
Stock Exch list
Empire State Sugar.. 100
1st 6s 1915.
J-J
Telcgr
Telephone
Empire Steel
100
6
BeUTeleph of Buffalo 100 110 116
Preferred
100
83
Central* So Amer... 100 105 110
General Carriage
100
I's
Ches <fe Poto Teleph..l0O
67
71
General Chemical.. ..100
63
5s 1909-29
......J-J 102
Preferred
95
100
Commer Un Tel (N Y).25 119 124 Gorham Mfg Co com. 100 zllO
Emp & Bay State Tel 10.0 75
Preferred
100 2120
Erie Teleg & Telep See B oston Ust
Havana Commercial. 100 IOI4
Franklin
100
45
55
Preferred
100
461s
Gold* Stock
100 118 121
Hkr-Jones-Jew'l MUl.pfd
442S, 1905
1st 6s 1922
M-S 95
Hudson River Teleph 106 120 125 Htrring-HaU-MarvinlOO
2
International Ocean. 100 116 118
1st preferred
100
80
Mexican Telephone See Bosto n list
2d preferred
100
5
New Eng Telephone See Bosto n list Hoboken Land<fe Imp 100 110
Northwestern Teleg. ..50 122 I26I2
M-X 106
5s 1910
N Y & N J Telephone 100 170 180 International Elevat.lOO 110
5sl920
M-N 112 115 Internat Pow Co pref 100 150
Pacific & Atlantic
25
78
85
Internat'lPumi) See Stk Exch
Providence Telephone. 50
Internat'l SDver See Stk Exch
Southern <fe Atlantic. 2
100 110
94
6s 1948
J-D
Tel Tel & Cable of Am. 15 t 412
6
Iron Steamboat
25 t.
John B Stetson com.. 100 125
Electric Companies
Preferred
100 118
Allegheny Co Lig'tOolOO 165 170
Lanston Monotype
20 t 13'8
Eddy Electric Mtg Co. 25 t
12
Lawyers Mort insur.lOO 185
Edison El 111 Co
Stock Exch: Lawyers' Surety
100 100
Edison El 111 Co Brk
Y Stock Exch! Lawyers' Title Ins. ..100 300
EtUson Ore Milling Co 10
11
8
Lonllard (P)pref
100 120
Electro-Pneum'ic 'TranlO t
2
7
2V Madison Sq Garden. .100
General Electric Co
Y Stock Exch 2d 6s 1919
M-N 60
Do pref See Boston list
Markeen Copper
10
3
Hartford (Ct) Elec Lt 100 175
Mex Nat Consrruc.pflOO 24
I3I4
Narragan(Prov) El Co 50 fa;93
Monongahela R Coal.. 50 t
New York & Queens Eleo
Preferred
50 t 49
Lightcfe Power Co.. 100
21
231s Monongahela Water. .25 t....
Preferrsd
100
68
74
Mosler Safe Co
..100
RhoIslElecProteoColOO a;119
National Carbon
100
17
Storey General Elec 10
15
16
Preferred
100
17is 20
United Electric of NJlOO
Nat Enam'g & Stamp 100 231s
7012 72
4S1929
Preferred
100
87
Unit ElecLt<fePoCo..50 See Ba It Ust Nat'l Gramophone
2
100
National Salt See NY Stk Exch
Ferry Companies
National Surety
100 145
Brooklyn Ferry stocklOO
23
30
20
New Central Coal
20
1st 6s 1911. J-J 113
114
N E Elec Veh & Trans 10 t 3
Con OS 1948 See Stock Exch Ust
Y Auto Truck
100
13s
Metropolitan Ferry 6s... 108 110
85
Loan & Imp
100
Ferry Stk.lOO
69
71
N Y Biscuit 68 1911. M-S 1141s
let 58 1922
M-N i 96 97
Y El Tr ($20 pd)100 1312
100 150
N Y & Hoboken stk.lOO 82 84
Y Realty Corp
Hob Fy 1st 5s 1946 M-N 5113 115 Nicholson FUe Co.. ..100 a;12J
94is
Con 5s 1946
8
J-D i
95
Ontario SUver
100
New York & New Jersey
35
Otis Elevator com
100
Preferred
95
I8t58l946
_J-J 1051s 107
100
75
10th & 23d Sts Ferrg "JiO
80
Pittsburg Brewing
50 t 2634
1st mort 58 1919./^ JlOo
108
Preferred
50 t 45
32
Union Ferry stock... TOT 40
Pittsburg Coal
100
96 's
Ist 5s 1920
Preferred
100
M-N? 971s 98
Pitts Plate Glass
100 170

Logan sport

& Wab Val—
J-D

Col &

50

1st

. .

$1,461,000
2,102,500
2,767,500
3,101,500
1,951,500
2,801,250

Monday

M-N

1st 68 1924

1st 6s 1925

$23,322,900
48,020,100
73,809,500
51,861,300
04,806,300
41.575,900

241,179
491,711
753,615
529,063
659,123
425,969

Saturday

Ask

A-O noils IO312 Cliesebrough Mfg Co 100 410
Laclede Gas See NY Stk Exch
Chitlin (H B) 1st pref 100 101
Lafayette (Ind) Gas
2d preferred
100 101

State

<tc

JBo?ids

Par value

Share*

Total

Eailroad

60
95
50
70
A-O 5101
100
20

Jackson Gas Co
OS g 1937
Kansa-s City Gas
5s 1922

STOCK EXCHANGE

jjicl

M-N

1st 6s 1920

WEEKLY AND YEARLY

Blocks

[Vol. LXXII.

Gas Securities
Indianapolis Gas btock 50

Exchanges

of Business at Stock

TBAXSACTIONS AT T*IE

Bank

5

2], 010

NY

&

JVw Weekly Beview of Outside Market See 7th Page Preceding.
Street Bail^vays

Bid

NKW YOBK

i
•

CITY
Bleeck St & Eul F etk 100 34
l8tmort4s 1950.. ..JJ 100
B'way & 7th Ave stk.lOO 245
Istmort 5s 1904. ..J-D 101^2
2dmort 58 1914
J-J 108
Con 58 1943 Bee Stock Exch
B'way Surf Ist 5s gu 1924 U14
2d 5s int as reiltal 1905 no3
Cent'l Crosstown sti.lOO 255
IstM 68 1922
M-N 5125
Cen Pk & E Riv stk 100 210
C«n8ol 7s 1902
J.D 104
Christ'r& 10th St stk 100 175
Col<fe 9th Ave 5s Bee Stock Exch
Dry D E B <fe Bat etk 100 120
Ist gold 58 1932., .J-D 115
Scrip as 1914
F-A 101
Eighth Avenue stock 100 400
Scrip 68 1914
F-A 105
42d & Gr St Ferry stk 100 396
42d St
& St Ave 100 66
Istmort 6s 1910. ..M-S 113
99
2d income 6s 1915.. J J

N

M

N

Lex Av & Pav F 58 Bee 6t
Ninth Avenue stock. 100
Second Avenue stocklOO
Istmort 5s 1909. .M-N
F-A
Con8ol58 1948
Sixth Avenue stock. .100

kExc
198
212
§107

ni8
210

Sou Boulev 58 1945. .J-J 5111
60 Fer l8t 68 1919. ..A-O ?108

Indianapolis St Ry S^
86
J C Hob <fe Paterson. .100
102
48gNovl 1949. ..M-N
250
Lake St (Chic) Elstk.lOQ
102
Deb 58 1928
J-J
110
Loulsv St Ry 5s 1930 Jcfe
list
Lynn<fe Bos 1st 5s '24. J-D
115
Minneap St By 5s See Stk
1051a New Orleans City By 100
Preferred
100
130
North Chic Str stock. 100
220
JJ
1st 5s 190616
105
North Jersey St stocklOO
185
M-N
4s 1948
list
Pat Ry con 6$ 1931. .J-D
136
2d 6s 1914
A-O
118
Rochester Ry
100
103
Con 5s 1930
A-O
410
2d 58 1933
J-D
109
So Side El (Chic) stk. 100
410
Syracuse Rap Tr 5s 1946

70
115
101
list

200
215
109
119
212
115
110

IO414 107

88th & 29th Sts Ist 58 '96 112
Twenty-Third St stk. 100 405
Deb 58 1906
J-J 103
Union Ry let 58 1942 F-A 115
Westchest 1st 58 1943 J-J 106

114

410
106
117
108

BBOOKLYN

Mian Ave

58 1909. .A-0

U07

W E 58 1933. .A-O
Brooklyn City stock. ..10
BB&

Con 5s Bee Stock Exoh
Bkln Crosstn 58 1908. J-J
Bkn Hgts 1st 58 1941 A-O
Bkla Q Co & Sub Bee Stk
Bklyn Rap Tran Bee Stk
Coney Island & BklynlOO
Ist 5s 1903

3-3

Sscrtlsindbt 1903..J-J
Brk C &
58 1939.J-J

N

Gr St&New l8t 68 '06 F-A
Gr'pt (fcLonmer St Ist 6s
Co. Elevated—
l8t 48 1949 See Stock
Nassau Elec pref
100

Kings

68 1944
1st 48 1951

.A-O

J-J
NewWb'gcfe FUster 4»a8
B)teinway 1st 68 1922.J-J
•

OTHEB CITIES

105
105

108
106

Exch
Exch

list
list

'

Columbus

(O)

StRy..lOO

Preferred
100
Ccium Ry con 58 See Ph
Crosst'wnl8t58'o3.J-D
Grand Rapids Ry
100
Preferred
100
i

40
100

Un Ist

Standard Gas com
Preferred
let 58 1930

OTHER

26
81

Buyer pays aceiued interest

100

(J

1st 68 1904

Essex

9812

102
191s
68I2
2712

90
110

Stk E
300

Exch

J-J {113
J-J 108

108
100 130
100 150
M-N 116

29

94

103
78
101
81

N YStk

American Can com. ..100
Preferred

100

American Chicle Co.. 100
Preferred
100

81
951s

list

IO314

80
104
821^

10
Leather 100
Preferred
100
6s See Stock Exch list
Amer Locomotive
100
Preferred (w i)
100
Amer Press Assoc'n.lOO
American Screw
100
Amer Shipbuilding... 100
Preferred
100
Soda Foun com.. 100
1 st preferred
100
2d preferred
100
American Surety
50
Amer Strawboard
100
<fe

Am

F-A

stock. .100
Wooleta See Stock

GaelOO

32

Amer
Amer Writing Paper. 100
list

35

60

55

F-A 5104
48
33
102

105
50
35
103

46

50

J-J

M-N

Preferred

Amer Hide

Bonds 68

?103

5sgl949
Indiana Nat & lU Gas—
Price per share.

. .

See

Am Typefo'rs

M-N

Hartford (Ct) Gas L...25
Hudson Co Gas
100

t

Am Bicycle

list

t

Preferred
5s 1919

100
J-J

Anthracite Coal
Barney & Sm Car
Preferred

BUss Company com
Preferred

&

100
100
100
50
50

Mort Guar. ..100
Columbia Copper 5
Brownlow
Co
1
CeUuloidCo
100

Bond

Brit'li

V

N
N

Am Agric Chem See B
Amer Baiik Note Co. 50

5IO6I2 10715
12
131s

SeeN Y Stk Exch

1908

NY&EB

Acker Mer & Condit...6s
Amalg Copper See Stock

116
112
110
135
155
117

Bosto n Ust
8
61s
76
i 73

Exch

lOia

22
80
951a
8
44
2
641a

98
Ilia

50
56
100
45

Ust
list

96
21a

137,

9

28
131a

100
18
27

89
6
Ust

160
35

3H

NY

100
581929
J-D
1091s
Exc Ft Worth* Rio Gran.lOO
X Ust Pitts Bess&LE
50
Preferred
310
50
Seaboard Air Line See 2
109
Industrial and Illiscel
Aberdeen Copper
list
25

Grand Rapids Gas

1st 63

N

4is

M&M

t

6912

701s

95

961-2

3534

se\

t

alt list

115
14
162

10
361a

96
27
451a
32 1«

97
175

Planters' Compress See B oston

Ust

Whitu pref.. 100 80
Procter* Gamble
100 840

90
342
208
100

51s Pratt

107
9O34 92
15
18
70
71

Con mtg g 5s 1930.J&J
Income 581930
Denver <fe Southweat.lOO

City}—

& Hudson

NY&B

Prloi-lieng4iss'30M&S 5105

104

's
}

41a

35
69
300
101
85
Ust
146
23
52

75

Amer Graphophone...lO
Bait

65
95
18
60
17
67

N

Railroad
1031s Ohio Peo & St L pref.lOO

OrriES

l8t 5s 1915

113
28
83

961^
lllSi

130
106
28

Gas—

IO6I2 Fort Wayne (Ind)—
let 6s 1^25
8O34

i05

81 13

5s 1927. M-N

Detroit Gas

107

26

108%

East River
Ist 58 1944
Consol 5s 1945

101^4
2OOI2

801-2

5126
S103
27
110

NY Elec Lt Heat&Power
Gold 5s See N Y Stock
<fe

list

25

let consol 58 1948.. J-J

NY

107

ila list

nio

26
101

5IO8I2
Stock

Y

120

5IISI2 115

Exoh

103
103

.

1308

Cent Union Gas Ist 5s...
Con Gas (NY) stock
Equit Gas con 5s 1932 See
Mutual Gas
100
New Amsterdam Gas

Bonds 58
118I4 Consiim Gas
102

821s

,425

N

Preferred

Baltimore ConsoUdat See
325
Bay State Gas
50
102 103
Blnghamton Gas
100
101
A-O
5s 1938
lli^ 117 Boston United Gas bonds
104
Buffalo City Gas etocklOO
106 109
1st 5s bonds
Chicago Gas See N Y Stk
Exch list
Cincinnati Gas <fe EleclOO
82
85
Coi Gas L <fe Heat comlOO
113^ II41U Preferred
100
071.2 98i-.i
1st 5s 1932
J-J
106 108
Consol Gas (N J) stk.lOO
ni7'2 lie's 1st 58 1936
J-J
Consol Gas (Pitts)
50
Preferred
60

RR

Slk

103
5118

Gas Securities
NEW YOEK

Nor

list

23

58
27
81
i 89
UnitTr <fe Elec (Prov)lOO 109
West Chicago St
100 101
Cong 5s 1936
M-N UOS

109
114

103 12
242 243

Buffalo Street Ry—
Ist consol 58 1931. .F-A ni7
Deb 6s 1917
A.O 8106
Chicago City
stk. 100
Cleveland City Ry . . . . 1 Oo 100
Cleve City let 5s 1909. J-J 103 12
Cleveland Electr Ry.lOO
8014
Con OS 1913
M-S 105>2

i

20

union Trac(Chic)comlOO
Preferriid
100
Unit Rys (StLTrans) 100
Preferred
100
Gen 4s 1934
J-J

•N

A-O 113
Con 5s g 1931
Impt 58 Bee Stock Exc hlist

Bid Ask
PhUa Ust

1

Third Avenue Bee Stock Exch list
Tarry
P <fe 5s 1928 105 108

W M
YkersStRR 53 1946A.O

Street Railways

Ask

26
77
40
20
90

196
110
325

NY NY

Outside Securities

Ask

<fe

Preferred

100 207

RovalBakPowd pref. 100 99
Rubber Goods Mfg See St ockEx

&

Ust.

Erwin
25 t 60
Safety Car Heat & Lt 100 148
Simmons Hardw com 100 160

1521a

Preferred
100
100
2d preferred
100
Singer Mfg Co
Standard MiUing Co.lOO
Preferred
100

275

RusseU

63

1371s 141

138
250
4

6

23
19
24I4 25\
70
73
5s
\
100
Standard OU of N J..100 772 775
230
226
Cable
100
Exch list
Undergd
Stand
oston Ust
Sloss-Sheffield See Stock Exch Ust
25
36
55
t
581s Standard Coupler comlOO
100 115
Exch Ust
Preferred
70
27*4
Stmw-Bier<feSmVptlOO
27
12
7584 7CI4 Storage Power
50 t 8
100 105 109
87
Swift* Co
83
102 la
1st 5s 1910-1914.... J-J 5101
80
82
934 Tennessee Copper
25 t 21
211a
t
91s
961a
10=8 1034 Texas * Pacific Coal. 100
t
912 11
A-O 5106 110
1st 6s 1908
535
40^2 Title Guar * Trust.. .100 610
83
6
Trenton Pottery com 100
8
62 13 671,
8IS4 32 14
Preferred
100
Trow Directory new. .100 70
871s 88
6I2
6»4
10 t
Union Copper
85 100
Union Steel & Chain. 100
85
Preferred
100
36
371s
9834 991s Union Switch* Sigual50 t 71
71V
92
Preferred
50 t 91
3
6
64
Union Typewr com.. 100 62
45
52
100 120 121
1st preferred
8
12
2d preferred^
100 119 121
185 195
7
8
25
26
U S Cast Iron Pipe.. .100
37
88
Preferred...
100
100 101
100
341s 35
67
60
U S Cotton Duck
9136 92
100
Exch list
Preferred
50
2
21s U S Envelope com. ..100
99
95
100
Preferred
11
91s
67
70
U S Glass common. ..100 .Sgis 40
100 140 145
Preferred
75
85
20
25
U S Steel Corporation See Stock Exch
20
15
Universal Tobacco.. .100
120 125
67
100
65
PrefeiTCd
145
9
7
135
Va Coal Iron & Coke. 100
45
60
1949
53
360 385
190
t
151a I6I4 Westingh Air Brake.. 50 H88
White Knob Mining.lOOi I6I4 17
42
44
113
Worthing Pump pref.lOOi 109
98 102

MS

June

I

<

.

.
.

THE CHRONICLE.

29, 1901.]

Boston, Philadelphia and Baltimore Stock Exchanares
Sliar* Prioes— Not Per Centam Prices.
Muturday,

June
S9S

22.

Momtay,
June 24.

June
306
179

179

179

840

•

•194

....

196M 186M 196

197

•194
106

84 o'

194

194
159
198
70
•66
lie
87

16»
1£8

131
•70

51

88J<

88%

3U

94

94

93«

88M a9M
^86%

180
340
194

147

•28S4

100

40V
flf^

90

29
100

855

68M- 58%

i^l4

56M 65H

86

97

tii%

639»

ItlM

a:9i

98
36

«0i4
•ifiH

36

17H

1';^

184

ISO

8S

81»4

90

31^
^•^ '\^
8)J^

H

18tl

•181

161

169

498
193
795

495
184
795

181>4 184
8»^ »'34
89)iS 89>^

4014
96)4
a8>^

3894

188
160

796

87}^

790

4IJ<J

65H
41^ *'H

6C}^

so

790

91J^

"si" "ss"
118

118}^

•12

li^

"91%

ii'
141
141
S?i^ 88«

13

t%

13

70
701^
89
78
78
78
78
'Bid and tkedprloiM

•6f}^

INACTIVE STOCKS
Amer. Railway i(Phil) 00
"
"
"

ProT.

(Central Mass...

Pref

"

OoiinAPassam
Oonn River....

,

6'H

,,,

Preferred

1

IH

MAT"

"
100
Little Bohnylk.(Fhll) 60
Maine Central. (BostllOO
ItlnehlllASH.cPhll) 50
60
Meiqnehon'g Y. "
50
KorthPens.... "
Pere Marqa'te.(Boit)10C
"
100
Pref.
PkU Q«rm & N.(PhU) no
"
PhlljL Traction
60

"

ByiCoOeneral!

N J....
UnPow* Trans

••

73

78

78

6

6

a

141

140
83

140
83

13
54

64

•

••

"

Pref

Wor Naih h B.

"

84

.

143
32)4 33

13

11

70^
79

'141

11^

•11

70)4

•70
•79

79

79

••••••

••••

4

434

108

av
'.)4

2^
94

1

88

• s

••

n

Pref
8 Mining....

"
"

Westm

140

^i)4

346"

10

DianiStateSt(w. i.)"
10
Doniln Coal pf. (Bost)lOO
Doiu irou<fe S.11 "

Eaatou Con El. (PhU) 50
Edison El III ..(Bost) 100
ElecCoof Auill (Phil) 50
Franklin Mhrij.(Bo8t) 25
" 100
General Elect..
" 100
Pref
Ind-Epj-p Coni(Bost).100
"
Int But U & S
10

M

IutSP<fcDvn.an'i(PIiiI) ."'O
Isly Royale1I..(Bo8t} 25
Manufac Riib..(Pliil) 50,
"
50'
Pref

SM

il4
*•

•

•

••

7

80

3

8

38

z98
3694

80
19i<)

'

36

HM
19)4

84

7

3d

8

67

UUt
99
3^94

Sick fund 4s.. 1910 J4J

8

10»H

09
117
e6

80
117)4
103),

6s. '18 J<kJ

ChioaKoJunc5s.l915J(fcJ

t • •

loa
80
10

C4)<i
!^

ni\i

.

1

Ch A No

{)

06

Chi

{1 08

110

i

lOSH

MRU 5s. '31 MAN
KIT 1st Ss.'a7 AAO

A W M gen 5s.'31 JAD

Curr't

D O R A W 1st 4s.'46 AAO « 99H
DomlnCoallst6s.'13MA8 {1 "0
'Zast'n 1st M 6s g.'06 MAS ^1
..."1, Ft BlkAM V 1st 6s '33 end J 37
••••
....
Dnst'p'd Ist 6sL.'33 AAO i 86
3H
118
lUin Steel conT5s.'10JAJ {10if3»
89
Debenture 6S.19 13 AAO ^10
8£H
K C GA 8 1st Os g.'25 AAO j
940
KCFtSAGlst7s,'08JAD {11 3>t
K C F SAMcon 6s.'38MAN { 9
79<
i^H I'H KCMABlst4s..'34 MAB i 9t
868 388
Income 5s
8a
80O
K CA M RtAB 6s.'39 AAO ^07
8
KC8tJoACB7s.'07JAJ
{117
*H
1
13^ LRookAFSlst7s.'05JAJ {106
....
Mar H A Ont 6s...'30 AAO 1118
89)4
4694

100

H.

Mex Cent

4ig.. 1911 JAJ
con IHO 3s g non-oum
8d oon Inc 3s non-cam..
Isi

{

87
35
80

NorthCent 4)4s. 1 925 AAO
61 1904.....
JAJ
Series A Si 1926.... JAJ

PotomVal lsl5s.l94lJAJ
8eoATTn(Pitts)Ss'34JAD
SaT Fla A West 5s '34 AAO

loa
109
116
13S

8«al>oard

AL

4s

1

950. .

,

Loaucertfs 1903
Beab A Hoan Ss.l926 JAJ

OnBl LAPlst4)4s'39MAN

Un Ry A

SI 1st 4s'4i).MAd
Income 4s 1949..., JAD

VlrgMld lst6i.ie06MArf
3d series 6s..lHll MAS
3d series 6s.. 191 6 MAS
4th ser 3-4-5S.1931MAS

1

*<%

• « • •

118

es
86
8e)ft

* •

180
116
106
90
11594

98
180
IIB

93

Sth series

116H
90

116
118

111
186

• • •

118

I16
88
116

9b

68

:2)i

106)^

860

Mar.

5

35^ June

11

659t Joiie as
44 Jane 80
99 Jan. 8
5:94 Apr. 3

79H

Apr. 19
8
13
Feb. 13
9
Jan.
Apr. 19
Mar. 6
Feb. 18
a
Jan.
Mar. 90
Apr. 18
Joze 6

794 Jan.
8)4 Feb.

16
99
146
3894
894
138)4

S-

17
55
7094

79

BONDS

JoceSO

Att

Bid.

Baltimore—Conolu'd.
WeitN Coon 61.1914 JA. 180

199

WeitVaC4Pllt6g.'l IJA.

U6)i

116)4

WU A Weld 5I..1935 J A.

188

Aiphalt Co 5s

58
110
93

tr ctfs.

.

.

B Boro Gas

'••ttfl

lit 5i.'38MAr

•laea

111

18fi4

•

•

• • tl

19S
118
108
114
118

7394

no

115
88
08)4

74

117
180
116
90
96

Colom 3t Ry 1st oon Ss.'S^
Con Trao of N J 1st 5s.. '3,
DelABBkl»t7s.'05F4^.
BastAA 1st M 5i.'30 M A^

-

BlmAWUm

lst6s.'10 JA.

Ineome Ss... .3863 AAC
Bq III Gas-L Iitg5s.l92h
HestonT M A F con 5s.'3<
HA B Top oon 5s.'2S A tC

IndianapolU Ry

4s..

••a«e

i'la" 118>e

110
••at««

10994
114)4
1169«

Bdlion Bleo Si itk tr ctf 1
BlecA Peop'i Tr Itk tr otf

95M vi%
•

•••
•

••••4

1

seeee

iOB«

no
83

1933

KCSnb B lst6s..'20 JAl >• «•
Lehigh NaT 4)4s..'14 Q-J
RR4sg
1914 Q-F ibeH

83)i

•

(}enM4)4sg..l934Q-I
Leh Y C'l lsl5sg.'33 JAJ
Leh Yalezt4s..l948JAi.
1910 MAt1983 JAD
Annalty 6s.
JAL
Nat Aspbalt ool 5s
'48
New'k Con Oas 5s
J AD
Newark Pass con 5s.l93(

NYPhUANorlst4s '39JAJ
Income 4s,.. 1030 HAN
No Pann 1st 4s..'36 MAN
C}enM7s
190SJA.'
Penn gen 8s r...l910 Yar

••••»!

no
188

18b"

ISO
43

••••••

104
"9634 ••tie*
i'o")s

lesi^

Consol Sso..,.1905 Yar
1919 Yai
Consol 5s r

•

Penn A Md Steel oon 6s.
Pa A N T Can 7s..'06 JAD
Cons 5
Cons 4s

1939
1939

Penn Steel

AAO iio"
AAO 03
MAN

IstSi.' 17
People's Tr tr eerti 4s.'4
Phila Bleo gold tnut otfa
Trust oertfs 4s..,.,....

,,t

.....

iocii

PhABr gen M Sg.ao AAO iac4
Gen M 4s g.. 1930 AAO ••••••
Ph A Read 2<1 5s.'33 AA*. 180
Consol M7S..1911 JAI
Con M 6s g... 1911 JAI
BxtImpM4sg.'47 AA4^

84M 86H
118
86
ea

5s'19JAJ
Clt's'8tRy(Ind)con 5s.'3::

1-

lis
109

6s.l926MAe 116>4

Ya (State) 8s new.'38JAJ
Fond debta-3s.l991JAJ

May 88

Jane 19
134>9 JaiieaO

3d 7s.
Consol 6s

1C7H

NewpNAOPlltSs'SSMAN
NorfoU St lit Si '44. JAJ 118

103

1 •

44

'

HI

116

103

lis

I

:

KnoxrTrao IstSs '28AAO
LakeBEIlstgn5s'42MAB
MaoonAN 1st 4)4i '90MA8

SeneiB Ss 1926.... J A.)
Pitt Un Trao 5s.l997 JAJ

•

^ ^

118M

10S)i

CharlCAA ext6i.l910JAJ
3dTi 1910
AAO loe

Maryland Brewing 6s ...
MetSt(Wash) 1st 5s'25FA
New Orl Qai 1st 6s.. .Yar

•GO
01

Ch Bur *Q4s.l923FAA
lowaDlT 4s. 1919 AAO

800
•

10134

1939 J4J

td%

Non-exempt

^^%
840

MSs

BurA Mo HIT ex'pt tfs. JAJ

93

•

CltyASab lst5s.l033JAD
CltyA8nb(Wash)lst5s'48
0oltGmTlst5-6.1917JAJ
Consol Gas es. .1910 JAD
Si.
1939 JAD
Ga AAialstpf5sl94SAA()
GaCarANlst5sg.l929JAJ
GeorgiaPlst5-<ts 192ajAJ
GaSOi&KIa lst5s.I945JAJ

4

8
Mar. 88

134
182
498

ChocOkAG gen
91

118

18

Mar.

ChesAD Canlst58.'16 JA-

«

Bxt A Imp 6S.1901MA8 10134 108
NoBaltDlT 5».ie42JAD lao
•••
ConT'rtlble5sl906MAN lOC)^ lOl
Central Hy 6s... 1913 JAJ
••
••

Consol 9s.... 1932 MAN
Bxt A Imp SS.1932MAB
Chas City Ry lit 61 '33JAJ

H

ISSHJni^e

Cambrtalron 8s,1917JAJ

I-;:::

.

Cha«ByaAinSi'99MA8
"8134

rel

3
371^

5r

Jane 18

994 Jan.

BergABBrewltt6i'31JAJ

»

£6

May
XApr.

BaUsTer 1st Ss. 1926 JAl
103

5S.1990MAN
BaltOPa«lst5s.l911MAN 110
Bait Fundg Ss.lOie MAN 186
BzcbauKe 3)4s.l930JAJ 111
BaltAPlstrtsmll911AA0 eee*
1st 6s tunnel 1911. .JAJ
Bal Trac 1st Ss.l929M&N

S0

88
98

BoiCnaaslstSs.*S9J4J

'

\''%

\*'U.

SO
63

•

AtlCJ-Ll«htlst5il917JAD
Atl Coast L otfi Si .JAD

1

34H JnnelS

91

Atl City 1st 5sg..'19MA.'-

;

J4J .101
}103
98
Adjostment g 4s.. 1906
116
Term'l
.1947
Boston
3)4s.

7
•

MAN
1914MAe
1916 MAN

Jan.

Apr. 88

laex June 18

Bonde-Fhlladelvhlh
AUeYyBext7il910A&f

«108V6

Bait Beit ist

176

ATA8Fgen«4s.'96A40

3

AAO
AAO

St 01. .'03

Deb4i

Sends— Boaton.

im

1907

6s

60

NYANBEglst7s.'05JAJ fill
latmon 61.. ..1905 JAJ hc8

Bendu— Baltimore.
5r
A Pot
Atl ACh lit 71.1907 JAJ

H

Coal "
6C
Wluona Mlnlng(Bost) 96
Wolverine Mln. "
8£

85)2
4B)^

New Bng

1st 5s..l937 i 59
{I03)g
Tele 6s.'16

Anacostla

4

DSPHorieCoU(Phli) 1
Utah Mining.. (Bost)4-8e
Warwick 1 4 S (PhU) IC

113

NBGas AC

Wait Bnd

1

48
89
to
18
173

as
36

m

Bid. Ask.

Rutland lit 61. .'03 MAN «108)^
Torrtngtcn lit 61 1918.. 1

U"

as
UnCopL&M'g
UnBlLAPowpr(Balt) OC
United Krait (Best) .100
Un Shoe Mach.. "
36

*

1(

NewBngoongen5s'46JAJ i
N HCotYam 5s 1939FAA 110394

80

(0

t

30,53 13194 Jan.
1,784 117
Jan.
8,77h ISl
Jan.
8: JOO
Jan.
061
76 Jan. Iv
4b 785 Jcne a:
18,98
1594 Mar. ^'
-~
«6
3(
53 Jan.
3,966 33 May If
46t 46
Mar. 21
41)4 Jan. 3i
"eVr 63)4 Jan. ^1
98C
&
6)4 May
1,06
4^ Jan. 31
84-:
8)4 Jan. 8C
136 90 Feb. 14
3- 187H<Ian.
4,749 38
May
4,963
4^4 Jute 1<
29V 11394 June 1'
43* 11 June i'
30 40 Jan. 1!44S 54 Jan. IC
896 66 Jan. <

.

BONDS

4)4*

••

lee

4

Si 3^

.

• •

8^
89

8a

.

Tidewater St.. (PhU) 10
Torrlngton"A"(Boit) 31.
"
Pref
as

74
86

3f

A

Ask.

7

Tamarack Mln.(Boit) 36 389
*•*•••

"

Boston— Concluded.

"
Pref
50
Pennsyl Salt... "
60
Pennsyl Steel!
"
Pref!
100
Phlla Co
"
50
Plan tenComp!(Boit) 100
"
Qalnoy Mining.
at
Rhode Isl MIn.. "
96
Santa Tsabel Q "
6
Susquel 4S!..(Phll)
S

78

•

Calumet
Cambria

9i£94Jan.

481
1,70c

"

....
....
"
Heola
....
eteel,$10)i( paid. ..(Phlla.) ....
..,,

.

Bid.

25
Osceola Mining. 35
Palmetto Co.
( Phil)
ParrottSilACopCBost) 10
PennBleo Teh. (Phil) SO
. .

....lOi
(Phlla.).... 5i

6f34 Consolidated Oas
(Bait.) ....10(
(Boiton). ...lOi
40H Dominion Coal
53
Brie Telephone.
"
....10(
,.
Federal Steel.
"
....10(
7a Lehigh Coal A Narlgation... (PblU.) .... 5i
"
Marsden Co!
.,.,10C
,,
National Asphalt 1 ..,,....,,
"
.... OC
"
11
Preferred!
.... 60
93 New Sag. Uottoa Tarn, pref . (Boiton) . . , . 1 OC
14a
New Bngland Telephone
"
....10(
"
83)4 Old Dominion Copper !
.... 81
(>% Philadelphia Blec! 6pald.. (Phlla.)
"
11694 United Qas Improrement!..
.... 5C
13
United SUtes Oil
(Boston).... SE
WeUbaohCo
(Phlla.) ....100
7(1)4 Westlngh. BQectrlo A Mfg.
(Boston) .... 50
"
80
Preferred
.... 5(
,

Am Bed Tel 4s. .1908

'

"

ii)<i

.

85
48
18U

Am

E

6
11
•91

OldCol Mining (Bost) 86

MISCBLLANBOUS.
iUlonei MlnlnB(Boit) 96
A.Bier.O«ment!(Phin ....
Qc Id DredgCnoRt) 10
Amer. 1. AS .. (Phil) 50
roadlan
yHon) 30
Arnold Mining. "
30
"
Atlantic MIn'g.
80
35
Same Mining.. <•
ethBteei
(PhU) 00
Boiton BleoLt.(Bost)100
Oambrta Iron.. (Phil) 50
Canton Co
Bait) 100
Oenten Mining. (Bost) 3e
"
Oential OU
36
Oon. Lake Sop. (Phil) SO
Pref
.
BO
Dan V.Bessemer "
5
cfe

71

«]4

NewBn«Gs*C! " ....
NewHar 14 S.(Phll) 5

60

100
100

40
60

<<dBraw asB pd(Balt)100
"
Pref., f sst-id
IOC
tlersenthMier .. (Bolt) 100
^•x Teleohone "
U

«

110
West Bnd
WeitJerAB8.(PhU) 60 63
"

790

•69h

40m

•91 "
'

"

A Montana
BnttoABoston

M18CBLL.—Concluded

....

Wli Cent, new.(Boit)100

11«

Bleo.
Street.

Preferred!

36^ 37

8rt

STOCKS -BONDS

88

100
60
170
63
08
108
70
bS

"
35
pref. (Bolt) 60

WeitNYiPa.

96%

A

m American

790

785

6

•

(Phil) 100

Dntted

785

3f^

78

.•••b

FtS&M..(Boit)100 101

Pref

795

70
69
•0«
79
79
78
no lale wa' made.

• *

(Boston).... 10<
"
....10(

Alkali
"
Preferred, 910 paid
.... 5'
,
i44J< 145" American Bogar Beflnlngl. (Boston). ...10(
iao<4
"
Preferred!
....10(
"
....lOi
150 186)^ Amer. Telephone ATeUOo..

1429^ US
lao
lacvi
188 168>^

16V

West Bnd

80

•1

188^

United By

97

89

89)^

63

• I • *

5

aSisMay

•90

32^ 82V
81
f^ 59*
f^
lU^llF)^ llH^llpi^ 117M 117% 116H

45
05
75

5'

"
5'
(Bait) ,,,.100
"
....IOC
,

$17^
Oo

Si

84)4 Jan.

89

40

880

"

8034
1st preferred.
2d preferred
289S
8^)^ Seaboard Air Line

36X
17X 17H

....
....
..,,

1,07'.
43!)

8S1-J

53

81)4

"

9

68

t

(Phlla.)....

8B,9U

11

•

"
..,.10'
(Boiton).,.. 10<

,

,

1109^ anion Paolilo
Preferred
«0)<J
V'% Union Traction,

90

U

(Bait.) .... 6(
(Phlla.) ...,10i

5<

0(14
41

.73

5C

!

IVIlacellaneoaa Stock*.
189^ 130^133)4 191^ 18354 Araalgamated Copperl .. ...(Boston)... .10(
•31
88
31
Amer. Afrrionl. Chemical i..
"
....10(
SIM 3a

68

Bia. Ask.
28.
43

!

'.

6(

40)4

18

.*..

'*

(Boston)....

•91

157
170
100 800
100
100
••••
100 180
100 370

"
OoiuolTrPltti!(Phtl) SO
"
60
Pref!
Sa Sonthft Fla.(Balt)100
"
100
lit pref
"
100
8d pref
ft'rmant'n Pass(Phll) 50
60
Heitony
"
60
Pref
"
100
Indi Street

H

8ft^
8794

97

•J6

41}^

18

...t

'

5i

2514

91
141

4U ft OharloUe(Balt) 100
oi * Maine pf .(Bost) 100

DeLoug

17J»

Highest

43 351
Jan.
8 265
Apr. 15
411 199)4 Jan. If ie8>akfay 88
340 Jure 8 218 Apr. 89
"139 190 May IS laCO Apr. 84
834 139^ Feb. 14 109)4 Apr. 30
es 14.;)4Jan. 2) lea June 19
31 128
135 Apr. 8
Jan.
1,011 37)4 Jan. 33 75
May 16
«3f 45 Feb. 3C 5e9i May IS
140 139 Jan. Ife 148
Apr. 83
6.486 28)4 J&n.
4
3t94 May
1
17,871
84 Jan. 2'<- 4'3^ June38
4 85;77J4Jan. 1- 96 JULe 11
OK 13)4 Jan. 39 89^ Mar a
88 88)i2Jan.
100 June 18
79 Jan. 8) 144 May 8
If •••
139 87)4 Mar. 4 1 1
May 7
a 405
i
Jan.
3l3)i Apr. 99
a.iic 69
May I 81 Apr. 36
87,784 13)4 Jan. < 34 l-iejuDe4
8,07f J3 3-16Jan.a;
40>aJace 17
14,88'19 Jan.
<
»9 7-16May 1
8,15t
994 Jan. 3
80)4 June 81
ll,94r
54
349jjan. 3
jQceai
6,18t
8
78)4 Jan4 ISaiaMay
814 83 Jan.
99 May 1
6,799 24)4 Jane \' 37 Jan.
8
18,4611:94 -'^Ar. 1!. 18)4 Mar. 90

(Bait.) .,,.

89

BAILBOADS.— Pricei June

KO

17H

9S%

'78

..

70J^ Pennsylranla
33
Heading Company

0134

CO
96

Sales in 1901.

Lowest.

paid. (Phlla.).,,.

96

•786

00

;;4

&

Preferred.
Old Colony

80*-)^

108M 109

90
86

Bange of

Shares

H

70y»

39)4

87^
68^

36)4
65)^
41

»7>4
63J4

I

t

Boston

795

Week.

( Boston)
1 OC
!
(Phlla.) .... 5(
Valley
Massachusetts Bleot. Coi. T.(Boston).,,.10C
*
9SI«
Preferred ^,,
..,.10(
8894 Meztcan Central
....IOC

at<)^

91

96

180
168

10e>^ 169|»

'"i" "i}4

Boiton

3894

148?^ 145

i)f?y. 13JV(

T Indloates anllBted.

3t-!4 Lehl(i(h

ta%
9i%

908)4
76?»

741^

""
107
10»H

\Tfi

•Sli^S

of the

Northern Central....
Northern Paolflo

308

Sales

ACTIVE STOCKS.

Preferred.. «. .......
Fitch bn r«, iVflt. . .V

099*

147

88

17J4

131

H

"7Ji^ "78J^

91

5SH

••••••

87«j

es
41
S4

n%

S7H "87H

S3?*

OOM
86M

9^)4

148^1485^ 148H 146

148
188

143V«

5l>»

109

•90

96

133H134M

81^
9j

131

96?t

J0f)<:

"HH'tiii

240
196
197
199

•149

"3794
40
^09^
sgi^
95
'87J4 2a>,

Dailv and Yearly Record.

. , . ,

183

•330
199
197
•158
•130

,

—A

(Boiton) ... .IOC
Boiton h Albany.
"
Boston Blevated, full paid..
....IOC
"
Boston (k Lowell
....IOC
"
Boston Ji Maine
....IOC
Chlo. Bnrl. A Onlnor
"
....IOC
"
Chlo. Jano. & On. Stock Ydi.
....10(
"
Preferred
....lOf
CJhootaw Oklahoma AQnif.. (Phlla.).... 5i

806

181M 181)4 •181

340
•194
105
196)4 187
•
159
•180
»H9i 70

1275

Railroad Stoek*.

•255

956

28.

100

11194 118

98

June

•

•808 310
•908)4
209 309
809 808^
78 8-16 9-lf 76 8-16 76?t lt% 76 7-' 75 8-16 7594
88 83 5-16 38 7-16 33M
a»w -aw
83M 3 H
- - 9<r]4 39 «-l>
8f« 3»>»
39)4 89H 8g% 39 7-l<l
9ie
9-1
881^;
38 88
87 5-ie 28
28?« 88 y-ie
"
f OH
80 Vt
80
30
80« ?0]4

118>all4

Friday,

14<»

37)4
4cy,

87)4

100

355

365
180
'

104
188)4 187
lOi!^ 109
169
•180
131
70"
71
70
:6
S5J4 55X

144

1*7

37^
88M 38H
92% 94
8^H 38JK

100

"7 a'

25.

866
180
340

ie9H

•....,

7aM "78"
sen

Wednesday Thursday,
J^lne 27.
June 26

Tuesday,

805

850

86S

•177

t

. '

ConMof

•Sa4s.'37 JA.
Terminal 5s g.l941 Q-i

•

•

tttf

183
107
100
188

•••#

PWll ABaltls.l917AAc
CkiUattrust 4S.1991 JAJ

Read Co gen

4s, 1997 JAJ
Rochester Ryoon5«.193t
SchHBSldalstSs a'35J AD
Soran Trac I si 6s '8aM AN
United N J 4s..l944MAf'
DnTrac Pitts gen&i'07JAJ
Welsbaoh 1 f Ss lOSO.JAO

And

00
110

no

*

lit!

117

76H

77)i

Laterest.

06)4

I

08

•Price inoiodei OTerdai eonpc at.

)..

'

...

..

THE CHRONICLE.

1276

LXXIL

[Vol.

mxH ^axlr0afl %nUllxQtntt.
RAILROAD EARNINGS.

Jtxirjestmjeixt

The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
can be obtained. The first two colnmns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from July 1 to and including such latest week or month.
The returns of tlie street railways are brought togetha' separately on a subsequerU page.
IVoticc Change— Our yearly totals now all date from July 1.
Latest Gross Earnings

EOADS

Week
or Month

CurrerU

Year

$

ApriL
Southern da wk J'ne

AAirondacfe..

.

.

Ala t4t
May
Ala Midland
Ala N O & Texab Pac Juno,
4thwkMay
JSr O & No East

1.3.

054

40,662
68,274

Previous
Year

$
15,627
35,198
68,909

July 1

to

Latest Date

Current

Previoxis

Year

Year

$

162,711
2,147,148
950,861

56,000
64,000 1,781,370 1,710,460
765,476
857,232
29,000
23,000
651,136
833.775
28,000
21,000
3d wk J'ne
31,686
32,644 1,707,397 1,657,465
&jin Arbor...
53,557
61,718
7,324
5,641
Ann Wash & Bal. AprU
4,837,478 4,051,036 49,857,387 42,897,228
AtebTop &S Fe. May
236,446 218,941 1,957,289 1,740,349
Atlanta & Char. February
437,880
383.525
41,057
33,552
Atl Knoxv & No May
606,584
636,954
52,254
54,369
Pt. April
Atlanta &
638,197 596,436 6,448,175 6,140,405
Atl Coast Line.. April
175.521
216,107
21,342
18,455
Atl Vald & West May
143,174
230,028
21,384
14,375
lAiistin & Nortbw ApflL...
6,899
7,614
Bait & Ann SL.. April
Kaltife Ohio
} May
3,988,649 3,735,010 43,072,846 38,988,801

W

Soutbw.

&

Bangor
Batb <fe

<

Aioost April...,

Hammou

Bellefonte Cent'

Brldgt

&

April

May

Baco K. April

May
BuffRoeb&ritti' edwk J'n*
May
Bnifalo & Snsq
BiirlCRap it No 3dwfc J'ne
Cana<lian Pacific d wk J'ne
Brnnsw

(feWest'n

Cent'l of Georgia 3d wk J'ne
Cent'l Ne-w Ens- April
Cent'l of N Jersey May
CeBtral Pacific April
Cent'l Pa & We si April

May
Cbattan Soutb'n. 3d wk J'ne
3d
wk J'ne
Cbeaap &Ohio...
Cliic& Alton Ry. May
Chic Burl & Quin May
Chic &E Illinois 3d wk J'ne
Chin Gt Western 3tl wk J'ne
ChicInd&L'v.. 3d wk J'ne
Cbarleston

&

Sav

Chic Milw & 6t P
Chic & North W'n
Chic Peo & St L

StLCh&etP

idwk J'ne
May
May

Chic R I &Pao... April..
& O April
Chic St P
Chic Term Tr RR 3dwk J'na

M

ChocOkl& Gulf. 1st wkJ'ne
ClriNO &TPac. 3d wk J'ne
Cin Pertsm & Va May...
ClCiiiOh&

Stl..

3d WkJ'ne

Peoria & East' I) 3d wk J'ne
Clev Lor & Wheel 3d wk J'ne
Colorado & South April..
ColNewb &Lau. AprU..

& Hock 1st wkJ'ne
Cornwall & Leb April
OumbeTl'd Val ey April
Denver & Rio Gr 3d wk J'ne
Col Sand

.

Denv & Sonthw. March
Det

& Ma<ikinac. April

& Iron Ranee February
DnlSoSh&Atl.. 3d wk J'ne
EStL&Carond. May
Elgin Jol & East. March
May
Erie
Evansv & Indian 3d wk J'ne
H...
3d
wk J'ne
Evansv& T
Dili

W&

W.. May...
Find Ft
Denv City April..
Ft
FtW&RioGr... 3d wk J'ne

W&

May
Georgia RR
Ga South & Fla.. May
Gila Val G A. N.. April
Br Trunk System id wk J'ne
,GrTr& West'n let wkJ'ne

DetGrH&M.. Ist wkJ'ne
Great North'n —
8tPMinn&M. May
'

East'n of Minn

Montana Cent'l
Total system.

Hocking Valley..
Ho us & Tex Gent
Illinois C-entral..
Illinois Southern

Ind Dec

<fe

West'u

IndlU&Iowa...
Int & Gt North'n
interoc (Mex)
Iowa Central
iron Railway

Kanawha Mieli
K C Pt Scott & M
K C Mem & Birm
Kan City & N W.
Kan City South'n
<fe

Lehich & Hudpou
Lehigh Val RR.
Leh Val Coal Co.

Lexing&East'u.
ix)8 Angel Term.

Lou Hen & St L..
Louis V

& Nashv.

122,916 119,459 1,204,630 1,010,342
35,729
35,670
2,208
1,916
41,483
38,19
3,832
3,936
33,000
33,711
2,799
2,535
635,837
017,659
54,691
57,433
129,136 114.600 5,666,343 4,864,793
686,609
659,338
65,792
45,991
4,858,612 4,878,061
94,495
90,486
'
631,000 594/'000j29,957,178 29,856,711
115,320
91,670 6,784,275 5,953,074
54,10i
593,034
592,135
58,996
1,316,044 1.262,185
1,661,912 1,436,465 16,189,745 15,515,959
19.545
20,273
1,980
2,169
627,098
690,217
63,957
66,098
90,979
92,364
1,618
1,839
304,786 304,535 14,955,032 13,042,614
747,158 625,852 8,278,926 7,100,289
4,345,886 3,571,254 45,963,031 43,540,509
114,046 108,572 5,548.476 5,053,847
125,360 126,173 6,819.117 6,542,503
82,306
77,167 4,033,830 4,053,656
835,748 792,044 41,23«, 916(40,743,812
3,663^31 3,458,257 39,410,413 39,315,500
100,743

1,246,180

1,355,452

,991,110 1,760,:157 22,,499,906
805,455 676,688 9,030,462
34,021* 1,394,494
30,843
•59,304 *41,996 *4, 149, 935
100,180
91,341 4,889,917
33,735
31,222
360,260
394,140 350,281 17,319,883
2,426,034
54.580
48,285
48,127
48,623 1,987,933
343,251 287,809 3,912,944
12,156
151,042
12,140

20,215,380
8,834,977
1,220,651
'2,504,402
4,973,920
329,024
16.398,190
2,300,082
2,030,754
3,533,460
149,006
966,395
247,838
843,247
9,905,552
1,867,966
660,822
2,885,730
2,539,925
144,872
1,432,497
34,960,779
348,919
1,394,144
107,710
1,360.713
471,098
1,540,879
1,090,308
290,154
25,028,506

23.722
27,701
78,092
229,200
177,326
85,655
77,389
52,843
13,700
194,451
1,641,472

5,080
26,790
6,720
165,012
7,939
129,455
94,795
27,938
547,878
73,914
15,393

100,493

965,872
27,905
25,811
217,982
900,941
74,276
208,900 11,111,339
223,915 1,7S9,260
711,735
86,586
74,104 2,753,104
53,820 2,415,979
139,422
14,947
158,048 1,483,362
3,151,116 35,549,695
312,909
5,477
26,227 1,400,047
95,651
6,830
117,792 1,764,059
6,721
649,695
118,167 1,716,893
93,231 1,106,188
34,169
305,288
535,401 25,611,090
90,728
18,109
965,636

1,874,646 1,826.494 4,089,419
May
265,873 357,356 3,298,987
May
167,006 115,209 1,982,193
May
2,307,525 2,299,059 26,370,599
3d \v* J'ne 109,903 117,756 4,531.379
April
374,657 230,436 4,371,266
May
3,126,126'2,625,499 33,942,846
May
10,524
105,770
February..
50,652
493,611
48,343
April
134,119 103,744 1,117,809
3d wk J'ne
80,211
64,294 4,605,240
Wk June 8
80,100
85,200 3,813,300
3rt wk J'ne
43,517
45,081 2,246,195
May...
54,621
6,215
5,641
3d wk J'ne
903,279
19,399
14,611
i5d wk J'ne
97,439
91,076 6,335,713
•Z& wk J'n€
31.718
27,097 1,958,150
May...
365,394
26,735
27,197
April..
417,706 335,319 3,906,472
May...
43,282
400,849
33,887
May...
2,274,323 2,071,307
May...
1,946,723 1,466,364
323,662
May...
31,876
33,161
March.
128,104
15,301
10,589
632.860
2d WK J'ne
12,184
12,695
3d WkJ'ne 556,020 487,365 28,502,530

Week
or

Current
Year

Month

Previous
Year

July 1

to

Latest Bate

Current

Year

$
172,101 Macon & Birm... May...
2,045,329 Manl8ttqu«
May...
872.757 t Mexican Central 3d WkJ'ne

Ala * Vicksb'g ithwkMay
Vicksb Sli & P. 4thwkMay

B&O

Latest Gross Earnings

ROADS

Mexican Intern'l
; Mexican Nat'l..
Mexican North'n
tMexican Ry
Mexican South'n
Minneap A 8t L.
M St P & S St M.
Mo Kan & Texas
Mo Pao & Iron Mt
Central Brand)
Total

Mob Jack &
Mobile

K C.

Ohio...

<fe

Mont & Mex Gulf

NashCh & StL..

Nevada Central..

N Y C & Hud Rlv
N Y Ont & West.
S Y SuBQ & West

Norfolk <fe West'u
Northern Central
North'n Paelfic.(/
Ohio River
Pacific Coa«tCo.
Pacific Mail

Peanevlvania^'.

PhUa&
Phila

.

Erie

Wilm & B

Pitts Bess
Pittsb C C

&

.

& LE.
& St L

Plttsb
West'n.
Pittsb at & To!
Pittsb Pa &F..

Chas&Sav

$
72,899
90,257
16,754,393
4,150,645
7,436,760
468,958
4,289,110
758,272
2,782,559
5,003 ,67«
12,326,249
"~, 538, 851
28
1,288,579
29,827,430
114,325
e 5,533,463
1,238,865
a6,571,653
27.742
49,948,200
4,538,205
2,388,344
13,522,751
6,571,181
29,989,995
1,313,195
4,299,839
2,952,511
66,275,710
565,774
7,345,855
4,699,280
9,069,274
1,504,384
17,842,888
1,750.160
985,605
347,284
3,595,677

950,861
617,659
696,217
4,753,466
200,056

872,757
635,837
627,098
4,075,698
260.986

M

,

,

,

May.

& W... May.
May.
SilSOc&Q
Reading CoPhil & Read... May...
Bav Fla

68,2.74

54,691
66,098
393,464
18,614

68,909
57,433
63,957
350,608
30.053

2,574,734 2,329,242 25,720,336 24,441,528
2,840,616 1,817,801- 26,315,337 25,573,891
",035,673 50,015,41»
5,415,350 4,147 ,r
,043 52
AprU..
762,168
96,262
83,344
835,805
March.
41,145
433,341
380,426
40,231
Jd wk J'ne
528,085
514,231
9,939
9,033
31 WkJ'ne 107,300 104,900 4,747,123 4,320,687
May...
123,320 . 99,988 1,294,870 1,289,144
May...
124,504
97,248
13,129
8,482
AprU
68,696
13,096
82,304
7,546
3d wk J'ne 183,514 136,042 9,818,381 7,747.275
3d wk J'ne 111,871 102,041 7,229,426 5,779,398
•May
172,912 154,858 1,832,185 1,785,922
ArrU„..
226,047 151,456 2,296,975 1,865,213
Mar
862,670
89.982
936,781
86,347
2d wk J'ne
945,194
901,201
18,470
19,676
Maf...
393,464 350,608 4,753.466 4,075,698
2d wk J'ne 190,889 185,293 10,427,357 9,197,308
Ist wkMay
354,425
715,295
15,897
3,862
Mav
260,986
200,056
18,614
30,053
Mar
231,130
17,971
17,480
262,700
May
4,904
3,941
May
49.121
May
144,378
189,901
19,425
15,961
AprU...., 6,889,582 5,406,076 64,597,860 57,532,902
143,174
April
230,028
21,384
14,375
AprU
1,661,912 1,436,465 16,189,745 15,515,959
AprU
665,336 521,090 5,687,076 5,244,287
AprU....
374,657 230,436 4,371,266 3,398,116
April....
146,114 104,401 1,431,194 1,136,428
AprU
679,858 517,170 6,711,275 6,006,679
255,016
AprU....
242,853
32,195
26,266
AprU....
264,602 159,150 2,308,792 1,566,921
April....
1,795,500 1,460,914 15,820,741 14,730,945
AprU....
426,379 295,728 3,632,222 3,133,425
April
251,151 179,159 1.975,682 1,670,561
3a wk J'ne 605,626 584.556 32,866,303 30,646,937
34,741 2,006,168 1,875,330
3d wk J'ne
39,270
May...
128,118 120,917 1,453,904 1,504,386
447,703
504,615
May...
36,443
45,426
361,915
681,424
5,221
2d wk J'ne
12,343
3d wk J'ne 160,984 126,639 10,972,416 8,395,268
103,158
129,300
May...
9,200
6,835
51,627 2,493,902 2,296,8.57
3d wk J'ne
58,055
20,690 1,180,051 1,046,136
3d WkJ'ne
19,081
46,107
35,763
3d WkJ'ne
May...
36,722
29,938

Ooal&IrCo... May...
Tet both Go's. May...
RJdi Fr'kab

&P

Rio Grande Jet..
Rio Grand'e So...
Rio Gr'de West..
St Jos&Grl
St LKen'et&So.

StL&NArk
St L & San Fran
St L South weet
StLVan&TH..
San Ant & A P.
.

.

San Pran<fcNP..
SFe Pres&Ph...
Sav Fla & West.
Seaboard Air L..
Sher Shrev & So
Sil Sprs O & G
So C & Ga Ext
So Haven & East.
Southern Ind
So Mies & Ark
So Pacific Co 6...
Austin & No'n.
Cent Pacific
GalHar & S A.
Houe &Tex Cen

.

.

.

.

.

. .

Louis'a West...

&T

N YT&Mex..

Tex&NOrL...

So Pac of Cat
21,815,226
So Pacof Ariz.
3,363,474
So Pac of N
1,897,716
27,076,416 Southern Railw'y
St Louis Divls'L
4,300,584
& Ind .
3,398,116 Terre
29,840,208 Terre H & Peor..
Texas Central . .
451,811 Texas & Pacific.
920,763 TexS
..
4,145,571 Tol & Ohio Cent
3,911,020 Tol P & West ....
2,275,427 TolStL&W
67,948 Tor Ham & Buff.
.

M

H

.

.

V&N W

731,827 Onion Pac
5,494,207
1.612.689
360,540
3,416,848
449,023

$
$
¥
7,749
6,893
101,725
12,379
13,417
84,957
357,130 355,003 16,714,345
April
485,247 416,424 4,666,935
3d w* JTne 151,427 157,827 7,495,053
March..
58,856
53,147
514,207
Wk June 8 75,100 82,600 4,068,100
IstwkJ'He
15,970
20,738
765,200
wk J'ne 72,222 58,555 3,181,602
3d wkJ'ne
96,376
93,95r 4, .372, 552
3d wk J'ne e289,582 203,485 e 15008349
3d wk J'ne 572,000 512,000 31, 820,5>40
3d wk J'ne
25,000
29,000 1,291,739
3d wk J'ne 597,000 541,1"
",137,264
,000 33
«VkJune22
3,177
2,298
138,962
May
c 502,800 c 471,000 c5,649,00O
May
117,128 122,617 1,270,180
May
a639,948 o555,486 07,087,637
May
2,763
3,072
29,663
May
4,965,650 4,650,377 51,448,641
M»y
493,522 383.859 4,819,814
Mav
213,772 162,189 2,291,590
3d wk J'ne 288,648 270,295 15,449,845
\prll
692,202 651,702 6,649,181
2d WkJ'ne 686,000 605,381 32,275,179
3d wk J'ne
32,636
32,195 1,448,139
April
370,983 386,348 4,240,662
Mkroli.....
164,208 275,591 2,328,286
April
7,537,972 6,909,372 74,010,510
April
47,384
50,298
569,671
2d wk J'ne 162,464 140 ,386 8,253,925
April..
469,301 429,078 4,987,793
kprJl..
948,073 912,973 9,569.774
4tliwk Mar
54,022
47,782 1,757,753
May
1,670,012 1,567,248 17,773,467
April
198,919 195,731 1,854,037
April
118,836 112,276 1,051,400
April
.,
27,988
44,966
373,589
2a wk J'ne
87,984
91.051 3,810,988

Total system...
Pl^nt SystemAla Midland... May.
Brun8& W'n... May.

Morgan's L
953,294

.

Penn & Northw'n
Pere Marq uette

Previous
Year

RR

.

Greg RR A N
Oreg Sh Line.

)
>

34 wk J'ne

Wabash

W Jersey

&.

May.

Sea'e April

W V Gen& Pitt.. May
Westesm of Ala

Wheel*

LE

.

277,042 Wisconsin Cent.
91,612 'Vri£rht(rv& T'n..
603.357 Yazoo & Miss V .

A^iril....

May
3dwk J%e
May
HAy

3,619,341 3,230,382 39,880,123 35,950,844

330,038
280,814
101 ,607
56,761
256,015
124,700
9,649
423,450

311,:382

256,714
107,912
51,823
217,520
122,979
11,834
334,758

17 ,080,895 16,023.682
2,707,184
989,522
632,514
704,209
,716,531 2,437,988
,138,461 5,476,287
158,039
151,483
,747,734 4,983,728
,980,684
,082,308

!7,069,036

* Figures from May 1 are for the raUroad only.
Covers results on lines dlreetly operated ea«t of Pittsburg.
1ncludes Chesapeake & Ohio Southwestern. Ohio VaUey and Chicago and Texas for boUi years.
t Mexican currency.
a Includes Paducah <fc Memphis Division from July 1 in both years.
6 Includes the Houston & Texas Central and its subsidiary lines.
c Results on Montgomery Division are Included in both years.
rf Includes St. Paul <fe Duluth from July 1, 1900.
.€ Includes results on Sher. Shrev. & Southern, Mo Midland and San Antonio extension for this year, but not for last year since May 15.
§

1

...
.

June

.

THE CHRONICLE.

29, 1901.]

Totals for Fiscal Tear.
In the full page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
majority of the roads. There are, however, some roads that
These with their dates are
Btill have their own fiscal years.
brought together in the following.
Latest Chrogg Eamingn.

ROADS.

Apr.
Jan.
Jan.
Jan.

to Feb. 28
to May 31
to Jiuio 21
to May 31

June

to

Apr.
Jan.

to
to
to
to
to
to
to
to

Duluth South 8ho. & Atlantic
East St. LonlB & Carondelet.
Ft. Worth & Denver City
GUa Valley Globe & North'n.
Int«matlonal & Gt. North'n.
Lehigh Valley RR
Lehigh VaUey Coal
Manlstlque
Mexican Central
Mexican International
Mexican National
Mexican Railway
Mexican Southern...

Monterey & Mexican
Northern Central
Ohio River

MaU

Jan.
Jan.
Jan.
Jan.
Jan.
Deo.
Deo.
Jan.
Jan.
Jan.
Jan.
Jan.
Apr.
Jan.
Jan.
Jan.
Golf.... Jan.
Jan.
Jan.

to June 21
to May 31
to May 31
to May 31
to Jiuie 21
to Apr. 30
to Juno 21
to June 8
to Jiuie 7

to June 21
to Juno 21

May

Pennsylvania
Jan.
Pennsylvania & Northwes'n. Jan.
Pere Marquette
Jan.

&

Erie
Jan.
Phlla. WUm'g'n <fe Baltimore. Nov.
Pitts. Bessemer & Lake Erie. Jan.
Philadelphia

&

Pitts. Clncln. Chic.
St. L... Jan.
Rio Grande J unction
Deo.
St L. Vandalla & Terre H.... Nov.

South Haven

<& Eastern
Jan.
Booth. Missouri & Arkansas.. Jan.
Terre Haute A Indianapolis.. Nov.
Terre Haute & feoria
Nov.
Texas <fe Pacific
Jan.
West Jersey & Seashore
Jan.

Latest Gross Earnings by

31

Apr. 10
Apr. 30
Juiio 7
Apr. 30
Mar. 31
.Juno 31
May 31
Apr. 30
to Apr. 30

Choctaw Oklahoma & Gulf.. Nov.
Cnmberland Valley
Jan.
Deo.
Denver & Soutliwestem

Missouri Pacific
Central Branch
Total

May

to

June 21

to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to
to

May

31

Apr. 30
J\ino 23

Mar. 31
Apr. do
Apr. 30
June 14
Apr. 30
Apr. 30
Mar. 31
May 31
Mar. 31
May 31
May 31

May
May
May

31
31
.^1

to Juno 21
to Apr. 30

Current

Previoug

Tear.

Tear.

2,470,027 2,239,533
20.3'<7
18,212
2,248,027 2 116.>-01
6,589.837 6.036.373
43,098,534 42,950,101
1,991,110 1,760,157
3,190,182 2,942,027
2,777,209 1,804,800
298,7H7
315,470
766,361
876.350
1,100,291 1,108,268
64,539
06,799
475,2.'^«
685,305
113,654
109.887
2,090.268 1,727,449
13,1? 3,1 54 11,944,580
10,862,621 8,518,828
4R.423
49,289
8,470,442 8,521,701
1.959,983 1,780,879
3,088,548 3,824.176
1.960.400 2,( 97.900
108 001
182,950
15,090,958 13,013,196
560.618
500,009
15.043.999 13,579.205
5e0,»2S
581,686
2,803,627 2,48.5.927
609,0~5
032,365
2,885.891 3,461,753
29,255,909 26,501,909
325,526
327,045
3,833,930 3,413,073
1.797.667 1,523,384
5,695,898 5,336.998
376,519
322,093
8,161,256 7,854,728
168,020
148,087
1,143,384 1,092,691
19,001
15.032
68,409
87,034
927,544
893,145
270,838
318,899
5,870,367 3,835,110
891,378
817.278

Weeks.— In

the table which
follows we sum up separately the earnings for the latest
week.
The table covers the third week of June and
shows 8'09 per cent increase in the aggregate over the
same week last year.

3d week

of June.

1901.

9

Alabama Gt. Sonthem..

Ann Arbor

..

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

Buffalo Rooh. A Flttsb'g.
Borl. Ced. Rap. A North
rianadlan Paolfio.

Chattanooga Southern
Central of Georgia
Chesapeake & Ohio
Chicago A East. Illinois.
Ohio. Great Western
.

Chio.Indian'lis

& Lonlsv.

Ohio&eo MUw. & St. Pan)
Ohio. Term. Transfer ...
Cln. N. O. & Tex. Paolflo.
Clev. Ctn. Ohio.

L..

<& St.

Peoria & Eastern
Dlev. Lorain & Wheel'g..
Denver & Rio Grande...
Diduth 80. Shore & Atl..
KvansY. A Indianapolis.
Evansv. A Terre Hante.

Worth A Rio Grande.
Grand Trunk
)
Grand Trunk Western >
Ft.

Det. Gd. H.

Hocking
Intern'l

Gt. Northern..

„

Iowa Central

Kanawha <h Miohlgan..
A Nashville ..

Louisville

Mexican Central
Mexican National

...^

Minneapolis A St. Loals.
Minn. 8t. P. &S. ate. M..
Mo. Kansas A Texas
Mo. Padilo & Iron Mt...
Central Branch
Mob. Jackson <k K. Olty
irorfolk A Western
Ohio River
Rio Grande Sonthern....
«lo Grande Western.....
St. Louis <ft San Fran.....
.

Bt. LonlB Southwestern..
Southern Railway
8t. Louis Division

Texas A Paoltio.
Toledo A Ohio Central...
Toledo Peoria
Tol. St. L.

8

40.602
31,080
129.136
94,495
631,000
1.618
115,320
301,786
114,046
82,306
835,748
30.843
100.080
394.140
54,580
48,127
229,200
52.843
5,680
26,790
7,939

35,19»
32,044
114,000
90,486
594,000
1,839
91.670
304,535
108,572
126.173
77,167
793,044
34,021
91.341
850,281
48,285
48,623
208.900
53,820
5,477
26,227
6,721

547,878

635,401

100,903

288,648
32.636
9,939
107.300
183,514
111,871
605,626
39,270
160.984
58,065
19,081
46,107
330,038
124,700

117,756
64,394
45,081
14,611
487,366
355,003
157,827
68,555
93,957
209,485
512,000
39,000
2.298
270,295
32,195
9,033
104.900
136,043
102,041
684,656
34,741
126,639
51,627
20,690
36,763
311,383
122,979

8.497.996

7,862.140

135.3''0

Increase.

9

Dtereate.

<b

West'n.

A West

Wabash
Wisconsin Central
Total ',62 roads)
Net Increase (8-09

...
ii.

o.:..

80.211

43,517
19,399
556,020
357,130
151.427
72,222
96,376
289,582
572,000
25.000
3,177

For the se cond week of June our final statement oovers
and shows 7 '43 per cent increase in the aggregate

61 roads,

over the same week last year.
2d week

ot

June.

1901.

8
erevlonsly rep'd(52

r'dsi

nbattanooga Bouthem..
Kan. City Ft. 8. AMem.
Kan. C. Mem. A Blrm.
Louisville Hend. A St. L.

14,536
4,009
37,000

Nortnem

PlttBborg A Westsm....
Santa Fe PrtM. A Phoanlx.
Seaboard Air Line
Texas Central
lotal (61 roadsi

Net increase

/

•*

496

20,300

977

Bufl. R.

.^^^

12,477

7,853
15,917

1,564

4,788
68,655
2.127
6,400
13,667
2,419
86.097
60,000

4.000

879
18,353
2,400
47,472
9,830
21,070
4,529
34,84A
6,428

..^....

8,966,883

71.291

6.363
4,621

511
80,619
S.O*??
'"5',596

1,206

7,122

741,943
666,379

75.564

Oross Earnings.
Current Previmig

>

—

Net Earnings.
Current
Previous

May

571,478
4,620,992

241,677
2,288,607

281,445
1,879,867

399,773
1,948.418

367,349
1,889,281

111,601
002,639

P3,007
542.356

Burl.Ced.R.ANo.a.May
Jan. 1 to

Cent

of

July

May

81....

Qeorgla.a.May
1

to

May

618,987

31.... 5,297,899

470.048

81.... 6,443,615

400,783
5,678,664

62.^74
68,806
1,865,924 1,804,103

Ohlo.Bnrl.AOuJn.bMay
July 1 to

A East.
July 1 to

Ohio,

May
111.

4,345,886 3,571,254 1,161,711
944,618
81....46,963,031 43,540,509 16,341,811 16,355,171

b.. May
31....

May

441,736
365,714
185,570
118,835
5,210,835 4,756,642 2,228,257 2,142,216

CL0lD.Chic.A8tL.aMay
July

1 to

May

1,525,495 1,366,488
31. ...16,170,533 15,347,347

PeorlaAEasfn.aMay

386,269
4,584,342

357,697
4,602,088

778,751

51,895
722,498

1,084,702
9,422,740

871,612
9,017.064

20,424
304,551

2,998
85,856

5,783
113,592

115,101
114,381
Evans. A T. H...b..Apr.
July 1 to Apr. 30.... 1,205,508 1,213,095

49,188
648,295

49,180
553,258

17.405
*534,338

17.126
*532,759

18.639
93,231
279,760
1,090,308
159,687
403,195
3,980,959 1,696,625
24,246
66.407
181,253
686,350
503,418
2,071,307
11,944,390 2,607,090
def.544
1,466,364
8,518,826 df.150,273
16,051
53,919
186,336
580,688
13,417
4,162
23,683
49,289
133,118
383,859
4,588,205 1,389,843
82.285
162,189
968,049
2,388,344
417.139
1,667,248
7,864,738 2,161,178

18.934
293,452
156,816
1,599,858
13,848
139,539
404,626
1,595,984

225,346

188,452
2,155,228

July 1 to

May

31.... 2,266,511

Krie.a
July 1 to

May

31.... 85,549,695 34,960,779

May

Evans. A Indian, b Apr.
July 1 to Apr. 80....

Oeorsrla.a.
July 1 to

May
May

Fla.a.May

May

Deo.

1 to

May

23,484
273,302

129,455

31.-.. 1,716,898

.

liehlghVaL RR.a..May
1 to

3.641,473

94,795
1,106,188
399,864
4,217,433
84,311
845,723
2.274,323

31. ...13, 133, 154

1,946,723

81.. ..10,862,621

56,165
606,537
12,379
46,423
Jan- 1 to May 31....
K. Y. Ont A WestaMay
493,522
July 1 to May 31.-.. 4,819,814
213,772
N. y.8us.AWe8t.a.May
July 1 to May 31.... 2,291,590
1,670,012
St. L.a.May
Pitts.
Jan. ltoMay31.... 8,161,256

July 1 to May 31....
Manlstlque...
May

3.161,116

118,167
1,540,879

.59,710

def.40,087
df.376,011
13.828

182,952
6.464
25,106
87,148
1,431,747

50,720
1,072,814
347,422
1,899,779

Reading Company—
„
813,234
997,840
Phlla.ARead'g.b.May 2,574,734 2,329,242
8,885,373
8,795,228
24,441.528
...25,720,336
Ito
May
31.
July
253,226
Coal A Iron Co. b. May 2,840,616 1,817,801
July Ito May 31. ...20,316,337 25,573,391 1,933,350
Total both Co.'s.bMay 5,415,350 4,147.043 1,251,066
July 1 to May 31... 52,035,673 50,016,419 10,728,478
85,977
ReadingCo.b
May
351,500
July 1 to May 31 -.
1.337.043
Total all Comp's.bMay
11,079.978
July 1 to May 31...
66.192
235.582
235,915
toledo AO.Cert.a.May
533.742
July Ito May 31.-.. 2,330,893 2,144,590
Union Pao. Sys.-.a.May 3,619,341 3,230,382 1.403,190
July 1 to May 3l... .39,880,123 35,950,844 17,233,840
30,432
107.912
101,607
Vr. Va.
A Pitts...May
400,602
989,522
July Ito May 31.... 1,082.308
11,834
„1.957
9,649
Wrightsv. ATenn..May
60.016
168,039
151,483
July 1 to May 31....

C

31,627
1,791,265

844,801
10,676,638
21.738

197,484
866.599
10,874,122
75.847
680,50S
1,353,337
16,279.043
44,533
362,865
.3.036
83,614

........

a Net earnings here given are after deduotlng taxes
1,609

l6,844
18,656
1.721

663.925
635.856

APlttbs.b.May

July 1 to

CCA

303
563

9,633,26S

9

9
637,066
45

Tear.
Tear.
Tear.
Tear.
!<
8
8
8
A.tOh.T.A8. Fp..b. May 4,837,478 4,051,036 t2.038.890 tl,781,480
July 1 to May 31. ...49.857,387 42.897,228 120072744 tl7240638

Lon.Hen.AStL b..May

8,739
43,859
6,295

8
7,928.838
1,506
91,076
27,097
12,184
605,381
91,051
19,070
185,293
5,221

Decrease.

Roads.

Dec

3,178

8,494,113
1.611
97,439
31,718
12.695
686,000
87,984
18,470
190,889
12,343

p. o.)..

Lehigh V.Coal Co.a.May

5,139
43,704

Increase.

1900.

Net Earnings Monthly to Latest Dates.— The table following shows the gross and net earnings of Steam railroads
reported this week, A full detailed statement, including all
toads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chbonicle of June 22, 1901.
The next will appear in the issue of July 20, 1901.

8'l3

441
906

43

.

221

***

(7

May 31—.
958 Hocking Valley. a.. May
July 1 to May 31
........
Kanawha A Mlch.a.May
July 1 to May 31....

23,650
351
5,474

1,218

Paellis ........

Ja. South. A
July 1 to

9

5,464

&Mllw..i

Valley...........

A

1900.

.

1277

.

Period.

Atlanta & Charlotte Atr Line.
Bellefonte Central
BarUnirton Cedar Rap. <k No.
Central of New .JcrHey...
Chicago <fe North-Westem
Chicago Rock Island & Pao..
Chic. 8t. P. Minn. & Omaha..

Paciflo

.

.

28,069

b Net earnings here given are before deducting taxes.
From July 1 to May 31, 1901, net after allowing for other income
was $623,678- »"ninst $564,199.
May. 1901, taxes anu rentals amounted to $163,825
t For
against 8160,176, after deducting which net for May, 1901, was
*

From July 1 to May 31, 1901.
81.875,086. against $1,621,304.
taxes and rentals were $1,833,219, against $1,759,884 in 1900, after
deducting which the surplus was $18,239,525 this year, against
$15,480,75 Un 1900.

)....

—

——

THE CHRONICLE.

1278

Interest Ctaargres and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c., with the surplus
above or deficit below those charges,
Int.,rentali, «te.— ^Sal. of yet Barn's.-^

—

Ourrent

PreviouM

Ourrent

Tear.

Tear.

Tear.

9

9

9
Boadt.
800,000
Ohio. Bnrl.A OnlnojMay
July Ito May 3l.... 9,025,000
130,592
Ohio. & E. Illinois.. May
July 1 to May 31.... 1,435,320
242,549
Olev. Cln.Cli. A St. L.May
July 1 to May 3i.... 2,672,545
33,750
Peoria & EaBtern.May
371,250
July 1 to May 31
May
76,581
Qocklutc Valley
865,534
July 1 to May 31....
10,867
Kasawh a & Ml oh May
117,943
July 1 to May 31
810,408
FlttB. O. C. & 8t. L. May
1,402,878
JaiL 1 to May 31
. .

.

[Vol. LXXII.

we bring

Saturday),
in

tn the issue of

July

20, 1901.

361,711
815,818
8,974,001 7,316,811
*61.147
126,014
*978.681
1,393,294
142,720
246,560
2,642,225 1,911,797
25,960
33.750
40i,£01
386,250
*£6,909
68,553
777,178 *1,179,096
* 13,946
9,373
*69,543
99,346
106,731
315,259
758,303
1,532,691

*9j5,517
111.137
1,9S9,863
18.145
336,248
88.263
*960,359
*5,042
*46,426
32,163
367,088

550,043
2,422,978
'29.178
•166,421
18,640
246,514

104,054
2.486,124
*43,450
*322,638
22,872
114,532

7,381,170
*d6f.920

Oross Xamtngs.
Previous
Tear.
Tear.

.

Previout
Tear.

9
128,800

together all the roads furnishing re-

and the latest statement of this kind will be found
the Chroniolb of June 22, 1901.
The next will appear

turns,

Boads.
9
9
Brooklyn Rap. Tr.a.May 1,075,576 1,086.840
July Ito May 31. ...10,920,174 10,646,589
Lehigh Traction.... May
10,566
9.342
Jan. 1 to May 31...,
48,278
43,291
Twin City Rap.Tr.b.May
261,946
224 927
Jan. 1 to May 31.... 1,178,258 1,086,395

loledo & Ohio Oen..May
July 1 to May 31
W. Va. Cen. & Pitts May
July 1 to May 3i..
After allowing for other iuoome received.

t Bamtngs.—'-k
Ourrent Previous

Tear.

Tear.

9
363,415

9
428,742
3,311,243
4,752
18,194
119.694
548,438

3.68*.>,280

5,633
22,439
137,605
614,594

and Surplus.— The following Street

Interest Charges

s irplus or deficit

above or below those charges.
>

—

Int. .rentals, etc.

Ourrent
Tear.

762,545
8,387,998
37,090
82,431
383,618
367,214
11,792
21,666
154,088
248,333

—Ne

railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest. &c., with the

Beading—

May
787,000
All companies
July 1 to May 31.... 8,657,000

.

Ourrent

—

.

Previous
Tear.

r-Bal.ofNet Barn's.^
Ourrent
Previous
Tear.

Tear.

Roads.

Xwln City Rapid Tr.May
Jan. Ito May 31

74,133
360,594

69,459
353,249

63,472
254,000

50,235
195,184

GENERAL INVESTMENT NEWS.

STREET RAILWAYS AND TRACTION COMPANIES.

RAILROADS. INCLUDING STREET ROADS.

The following table shows the gross earnings for the latest
period of all street railways from which we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for; he
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such

Doubt About Consolidation. So
opposition has developed to the plan for consolidating
this company and the Electric Co. of America that the
project, it is thought, is likely to be dropped— V. 72, p. 1186,

—

latest

week

or month.

STREET RAILWAYS AND TRACTION COMPANIES.
Latest 6ro$t Earnings.

OB088
Rakninqs.

Week orMo

Amerioan R'ys. Co.}. May
May
Blnghamton BR
Br'klyn Bap.Tr. Co.
Chicago & Mil. Elec.
.

&

May
May
May
May
May

Our'nt Prevent
Tear.
Tear.

$
78,266
15.678

$
68,620
14.184

1.075,576 1.080,840

14,167

12,416

69,841 64,424
Cov
Oln. Newp.
3,846
3,435
OltyEleo. (Bouie,Ga.)
187,050 170.839
Cleveland Electric .
10,184
8.966
Cleve. Palnev. & E... April
264,383 249,712
Oonsol. Trao. (Pitts.) May
9,365
9,714
Dart.<te W'port St.Ry. May
129,244 108,375
May
Denver City Tram..
Det. Roch. Ro.& L.O.
Detroit United
3d w"k J'ne 57,458 49,868
Dnluth-8np. Tract.
37,106 34,418
AprU
DuluthBt. Ry.... ?
*8,366 *16,741
Galveston City
April
32,298 29,980
Harrisborg Traction. May
.

Herkimer Mohawk 11

ion&P'kfortEl.Ry.

May

Jan. 1

to Latest Date

Ourrent

Previous

Tear.

Tear.

9
$
297,379 282,465
69,534
65,319
4,782.217 4,743,149
48,209
89,337
312,437 295.992
15,997
16,198
854,595 791.977
36,202
31,593
1,185,317 1,118,707
38,27?
35,523
560,541
487,622
36.885
15,703
1,179,066 1,082,271
131,869
136,885

4,508

4,146

21,834

245,552
10,566
10,003
London St. Ry.(Can.)
8,205
Lorain & Cleveland..
Mad, (Wis.) Elect. Ry. April
4,752
April
403.179
Mass. Elec. Oo.'s
May
160,612
Montreal Street Ry
May
MuBoatlne St. Ry
5,706
April
6,372
NewburgSt. Ry
8,720
New Castle Traction. AprU
4,613
New London St. Ry.. May
Northern Ohio Tract. May
48,505
1,634
Ogdensburg St. Ry.. May
April......
3.750
Oean St. Ry
Philadelphia Comp'y May
223,426
EaUways Co.Gten.—
17.484
Roads
May
1,604
Light Co'b
May
Biohmond Traction.. April
17,379

198,094
9,342
7.345
8,463

938,871
48,278

Internat'l Traction—

April

(Buffalo)

May
May
May

Lehigh Traction

.

Sacramento Electric
April
Oas & By
Boranton RaUwav-.. May
Southern Ohio Tract. May
March
Btaten Island Elec.
.

Tacoma By. & Power May
8d wk
Toronto Ry
Twin City Rap. Tran. May

31,954
65,110
28.017
-- -.

...

30,502
51,892
24,585
--->

29,447
33,609

23.704
28,774

(Anderson, Ind)... 2 wksApr. 27,792
United P. ATranap.. April
Sine. 15
Un'd Rys.Co.St. Louis May
508,420
United Traction—
173,152
Albany CJlty 5 May
United Tract. (Pitts.) May
179,400
United Tract. (Prov.) May
221,500

15,133
.930

Union (N. Bedford)..
Union Traction Co.

May

i

+ 156,925

116,605
170,901
198,472

—

&

Atlantic City EB.— This company has absorbed the Camden County RR., the Sea Coast RR. and the Ocean City
RR. companies. The capital stock of the consolidated
company is $3,625,000, of which $ 1,000,000 will be preferred. The latter stock will be exchanged for a like

RR

amount

of preferred stock of the Atlantic City
Co. The
stock will be issued in exchange, $ for $, for
the following: Atlantic City RR, common stock, $1,200,000;
Camden County RR. stock, $100,000; Sea Coast RR. common
stock, $6OO,rO0, preferred, |60l),000; 0-jean City RR. stock,
The oflScers of the company, which is controlled
$125,000.
by the Reading, are:
GeorRe F. Baer, President; Theodore Voorhees, Vice-President; T.
E. Henderson, Second Vice-President; W. R. Taylor, Secretary, and
W. A. Church, Treasurer.—V. 72, p. 1079, 437.

new common

p. 1310.

69.196
8,372
60.339
127,746
250,600
113,050
36,5V*5

53,050
115,871
232,975
100,822
35,179
110,702
644,500

173,540
4 Inc. 39,

113,156
T05

2,276,097 1.968,369
496,143 519,499

783.478
968,229

740,763
871,220

These are results for properties owned

*Only 13 cars operated this yea-r against 30 a year ago.
i Strike in May, 1900.
JStrlke in May, 1901.

Street Railway Net Earnings.—The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that 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

—

Atclilson Ry. Light, Heat, Power & Water Co.— Project
Unsuccessful, This company was incorporated recently for
the purpose of taking over the business of the Atchison Ry.
Light
Power Co, and that of the Atchison Water Co., both
separate corporations, by purchase, but before financial arrangements could be made the optioDS on the properties expired by limitation. The new company, it is said, is without
assets and is not likely to go into business.— V. 7^, p. 626,

Atlantic Coast Line RR. Increased D.vidend on Common
Stock.— The regular semi-annual dividend on the common
21,768 stock, payable in July, has been increased to 1^ per cent, 1
per cent having beea paid on Jan. 10, 1901. May and Nov804,101
43,294 ember are the dates for payment on preferred stock.—V. 71,

133,060
J'ne
699,836
an. 946 224 927 1,178.258 l,08rf,»»5
20,821 21,028
94,826
89,520

;

1033.

128,619

18,129
387.461 1,516,712 1,467.029
151,540 715,498
670,823
5,334
6,218
22,854
23,018
9,059
32.525
34,642
4.030
17,994
15,710
42,450 197,913
165,189
1,703
6,342
6,837
3.£05
14.75*
13.773
178,858 1,536,475 1,286,200

15,499

—

American Railways.

much

Brooklyn Rapid Transit Co.— Improvements— Since the
election of Mr. Qreatsinger to the presidency, about three
months ago, more than |3.0a0,000, it is announced, has been appropriated for new cars, equipment and various other improvements, including seven transformers to utilize the 10,000 horse
Power
power leased from the Kings County Electric Light
Co. The installation of the transformers will probably not
be completed in time to permit the return from steam to
electric power on the elevated lines on July 1, but the
change will be accomplished at the earliest possible moment. The company has arranged to purchase all the surQaeens County RR. Co.
plus electricity of the New York
trial also will be given to the compressed air cars of the
Compressed Air Co. of Manhattan, with a view to using
them constantly on some of the lines if the experiment
proves successful.
The additions and improvements will afford an increase
of 37,000 horse power in the electric power system for
operating the property; 150 new motor cars, surface and
elevattd; 1950 cew motors for surface oars and 200 new
motors for elevated cars. The sum appropriated is to be
expended approximately as follows:
Powerhouses
f303,305 Engines and generators. $600,000
285,000
Equipment
1,283,570 New construction
533,071
3ubway8
Total
$3,182,974
Track and roadways ... 173,028
With reference to the decrease in earnings
Earnings.
shown for the month of May, a director is quoted as saying:
"May was one of the rainiest months in years and naturally
the unfavorable weather interfered with our travel to
Coney Island and other pleasure resorts. Oar present business however, is enormous, and we will make a splendid

&

&

A

.

—

showing

this

—

month."

The lease which was filed in the office of the SecreLease
tary of Sate at Albany on June ?6 of the Brooklyn Union
Elevated RR. Co. to the Brooklyn Heights RR. Co. is for 999
years from July 1, 1901, and will take the place of the tempo-

—
June

THE CHRONICLE.

29, 1901.]

rary lease which has been in effect eince April 1, 1899.
Under the terms of the new lease the Brooklyn Heights RR.
Co., as lessee, will operate and maintain all the properties of
the present Brooklyn Union Elev^ited RR. Co., including the
former Kings County Elevated RR., the Brooklyn & Brighton
Beach RR. and Sea View RR., all of which by mer{,'er are
now a part of the Brooklyn Union system. The lessee aho
guarantees the principal and interest of the bonded indebtedness of the Brooklyn Union Elevated RR. Co., including the
bonds of the Kings County Elevated RR. Co., and this guaranty will be St imped upon the bonds under arrangements
for deposits for this purpose to be hereafter announced. In
addition to paying operating expenses, taxes and fixed
charges, the Brooklyn Heights RR. Co. will pay over as
rental to the Brooklyn Union Elevated RR. Co. all net earnine:s of the leased properties, it being agreed that euch net
earnings shall not be less than |1.')0,000 for each of the first
three years (beginning June 30, 1901), or less for each of the
succeeding two years than $200,00), or less for each y^ar
thereafter during the continuance of the lease than $2.50,0C0.
These are minimum rentals. Of course if the net earnin^'s
exceed the amount specified, the rental will be increased cor
respondingly. The Brooklyn Rtpid Transit Co. owns practically all the stock of the Brooklyn Heights RR. Co. and over
90 per cent of the stock of the Brooklyn Union Elevated RR,
First Dividend on Stock of Subsidiary Lines.— First dividends declared this week by the following-named subsidiary
comnanies will bring the amounts shown below to the Brooklyn Rapid Tran&it Co. as owner in each case of all or most of
the stock in question:
To Rapid
Dividend.
Transtil Co.
Subsidiary Compami.
2 p. o. on pref
Brooklyn Union Elevated RR
$9»,287
1 p. o.
20,000
Brooklyi' Queens Co. & Sub
6,.'00
1 p. o.
Bea Beach Ky
$120,787

Total

—V.72, p. 1187,987.

—

Brooklyn Union Elevated RR. Dividend and Lease.
See Brooklyn Rapid Transit Co. above.— V. 72, p. 1034.
Buffalo & Sasqnebanna RR.— Refunding Progress— It is
announced that less than $G50,0C0 5 per cent bonds are now
outstanding, the balance having been refunded into the first
refunding mortgage 50-year gold 43 recently brought out by
Messrs. Fisk & Robinson, An additional $55,003 of 5 per
cent bonds will shortly be retired by the sinking fund.— V.
73, p. 1034, 871.

Central New England 'Vij .—Extension to Springfield.— The
Connecticut Senate on May 23, reversing the action of the
House, denied by a vote of 15 to 9 the company's petition for
the right to cross the disputed plot of land in Tariffville for
the purpose of completing the line to Springfield. It is now
proposed to build around this piece of land, provided the
necessary right of way can be obtained. V. 71, p. 543.

—

1279

& Gulf RR., but is controlled, it is understood, by much the
same interests. C. E. IngersoU of Philadelphia is President;
Secretary and Treasurer, J. Parke Hood.
Office, Girard
Building, Philadelphia.

—

Cincinnati Newport & Covington Rj.— Lease Rejected.
directors on June 20 voted to accept the report of the
executive committee, which recommended that the offer of
the Widener-Elkins-Dolan-Morgan syndicate to lease the
road be declined. See V. 72, p. 1135.
Cincinnati Traction Co.— See Cincinnati Newport & Covington Ry. above.— V. 72, p. 1135, 1034.
Cleveland City Rj.— Z)eci.8to«. Judge George L Phillips
at Cleveland on June 8, in the suit of Horace Fuller, held the

The

—

company liable for the stock held by Mr. Fuller in the Cleveland City Cable Ry., which was absorbed by the Cleveland
City Ry. Co. in 1893. The facts are stated by the "Cleveland
Leader" as follows:
The consolidated company promlBod to the stockholderB of the City
Cable Line that 18,250 shareB of new stock Bhould be allotted to
them, but out of thlB allotment of new Btock the floating IndebtednesB
of the cablb company, which was $421,000, was flrnt to be paid. The
residue of the 18,260 aharefl was to be distributed among the stockholderB of tbe cable line accordlnt; to their holdirj^B In that company.
The new company, after Its complete organization, iBRued a sln^'le certlflcate for the whole 18.250 shares to Frank DeHaas Robuon and
John J. Bhlpperd as trustees. Nearly all of this stock was by successive transfers put In the name of John J. Shipperd as trustee. Out
of this stock he paid a part of tbe floating fudebtednesB, and dlBtributed a small amount of tbe stock to some of the old stockholderB,
and the rest of it, which was the great bulk of It, It Is alleged, has
never been satisfactorily accounted for. This Btock the old shareholders lost, and among them was Mr. Fuller, who received absolutely

nothing for his shares.
The Court in effect holds that such disposition of the new stock was
not authorized by preliminary agreement or by the agreement of consolidation; that the consolidated company, In turning over the stock
to Messrs. RoblBf n and Shipperd, created In them a truat that was
not authorized, and thereby it became the duty of the conaolidated

company to see that the transfer of the stock which was made by
these trustees on lt« books was authorized, and was not to the detriment of the old stockholders.

The amount of the decree for Mr. Fuller, it is stated, is
arrived at by deducting from the 18,250 shares enough thereof
at their market value in 1893, which was about §50, to pay
the floating indebtedness of $421,000, and distributing the
remaining part of the stock among the cable line shareholders in proportion to their general holdings, giving Mr. Fuller
1-160 part.
If euch is not delivered to Mr. Fuller, he is to
have its par value, plus all dividends paid thereon since 1893,
aggregating 30 per cent.—V. 73, p. 533.

—

Cleveland Electric Ry. Co.— Reduction in Dividend. The
"Cleveland Leader" says that the directors at a recent meeting voted that instead of declaring a dividend at the rate of
5 per cent, they would provide a 4 per cent dividend only
and utilize 1 per cent in raising the wages of employes. V.

—

73, p. 532, 134.

Denver & Southwestern Ry.— Listed, —The New York
Chicago Great Western Rj.— Purchase.— The Dulnth Red Stock Exchange has listed the $4 923,000 general mortgage 5
Wing & Southern Ry., extending from Red Wing to Zum- per cent gold bonds of 1929, $3,000,000 5 per cent non-cumulaV. 73,
brota, Minn. a distance of 25 miles, has been purchased by tive preferred stock and $3,000,000 common stock.
or in the interest of the Chicago Great Western Ry. The p. 1337, 984.
purchase, it is said, includes a majority of the preferred and
Dominion Atlantic Rj.— Purchase. The first payment on
common stock and the entire bond issue of .$500,000.
account of the purchase of the Yarmouth Steamship Line has
Listed. The New York Stock Exchange has authorized the been made, and the property was formally transferred on June

—

,

—

—

listing of $2,000,000 additional 4 per cent preferred B stock,
when notice shall be received that it has been issued in exchange for equal amounts of Wisconsin Minnesota
Pacific
RR, Co. stock, making the total amount listed to date |9,489,100; also $750,(00 additional 4 per cent debenture stock, making the total amount listed date to $22,567,80). The committee
is empowered to add to the list from time to time $450,000
additional debenture stock upon cffisial notice that the balance of the car trusts haii been paid and the stock sold.
The debenture stock jast listed is part of a block of $3,500,000 covered by the company's application, and to be used for
the payment of the capital expenditures of the year 1901, and
to pay the car trusts created and the cash payments made
and to be made, in respect to rolling stock purchased in 19)0.
The authorized capital is $30,000,000, of which $22,576,500
has been issued.
Earnings.— For the half-year ending Dec. 31, 1900:
Six
Gross
Net
Fired
Div. on
Balance,
months,
earnings.
earnings. cliarffe$.
surplus.
prtf A.
1800
$3,604,537 $1,062,715 $6y4,/a» (2Jfl%) ip^ti4,310 $8j,e45
1899
3,493,5f^4
1,145,519
........
........

&

—V.72,

p.

1187,987.

Chicago Terminal Transfer B.U.—New Officers.— nohert
C. Bogart has been elected Secretary and Assistant Treasurer
in place of George P. Butler, resigned. The control of the
property, it will be remembered, was acquired not long ago
by the Harriman syndicate.— V. 72, p. 731, 580.
Choctaw Northern UR.—New Compmi/— Mortgage.— This
company has made a mortgage to the Girard Trust Co. of
Philadelphia, as trustee, to secure an issue of first mortgage
50 year 5 per cent gold bonds, due April 1, 1951, at the rate
of $12,500 per mile on the road now under construction from
Geary, Okla. Ter., on the Choctaw Oklahoma & Galf RR
northerly to Alva, about 100 miles, and all extensions, either
main or branch lines, hereafter constructed or acqu'red. Of
the ICO miles, about 64 are c mpleted, 40 miles being now
operated, and it is expected to have the entire 100 miles in
operation by O^t. 1. A branch line from some point in
Blaine County, O. T., and an extension of the main line north
into Kansas are projected. The stock authorized is at the rate
of $20,000 per mile, none of the same being preferred. The
,

company

is

entirely independent of the

Choctaw Oklahoma

The purchase price is reported as $260,000.— V, 73, p. 86.
Dalnth Red Wingr & Southern Rj.—Sold.-See Chicago
Great Western Ry. above.
Gnayaqail & (^uito Ry.-$10,000,000 Bonds Pledged.—Qee
Ecuadorian Association under "Industrials."- V. 71, p. 135.
Houston & Texas Central RR.— Listed.— The New York
Stock Exchange has listed the $1,105,000 Waco & Northwestern division first mortgage 6 per cent gold bonds of

33,

1980.- V.

73, p. 873, 831.

Lebigh Traction Co. of Hazelton.—See Wilkesbarre &
Hazelton RR. below.— V. 66, p. 233.
hong IslSLuARR.— Pennsylvania RR. Plana.— The "Brooklyn Eagle" devoted 2}^ pages of its issue of June 23 to "statements authorized by officials" and comments thereon, relating
to the extensive plans of the Pennsylvania RR. Co. for the developing of the business of the Long Island RR. and connecting the road with the outside world. According to the information so furnished, a car ferry is to be established between the Pennsylvania's new terminals at Greenville, N. J.,
just south of Jersey City, and Bay Ridge in Brooklyn, a
distance of about 3 miles, contrasting with 12 miles, the
length of the present ferry connection with the New Haven
road. From Bay Ridge the cars will be sent via the existing line of the Long Island RR. to St. James Park (near
Bushwick Junction) and thence over the projected line of
the New Y'ork Connecting RR. Co. (see V. 71, p. 913), control
of which has been .acquired in the interest of the Long Island
RR., to the New York NewlHaven & Hartford RR. at^Port
Morris and the Harlem RR. at 160th St. Electric service
from Jamaica through the tunnel mentioned last week and
through the Brooklyn section of the Rapid Transit tunnel
willafl:ord quick connection for passenger traffic between all
parts of Long Island and upper and lower Manhattan, respectively.
Brooklyn and vicinity are to be allowed the same
basis of freight rates enjoyed by New Jersey, and are expected in consequence of this and the new facilities to become
a favorite location for manufacturing and other enterprises.
The map of the proposed up-town tunnel, as filed with the
city authoiitiee, indicates that it will run west along 33d
St. to 7th Ave., and up 7th Ave., through Longacre Square,

—

—

:

THE CHRONICLE.

1280

[Vol. LXXII.

stopping at 45th St., where it will form connections tinder a satisfactory rate, control of the Cambria and Pennsylvania
ground with the rapid transit eubway.— V. 73, p. 1237, 1136. I steel companies has been purchased. It is said, however,
there is no intention to confine the orders of the system to
LouisTllle & NaBhville RR.— Listed. -The New York these companies. See those companies
under "Industrials."
Stock Exchange has listed |3,200,000 additional unified 4 per
Dividend on Stock of Controlled Company.— The first divithe
listed
making
total
amount
to
gold
bonds
of
1940,
cent
dend. 1 per cent, declared this week on the common stock of
date 127,194,000. These bonds were issued chiefly to refund the Pittsburg
Cincinnati Chicago & St. Louis will bring to
7 per cent bonds due June 1. See full statement in Chron- this company
and the subsidiary Pennsylvania Company a
icle of June 15, page 1188.
sum in excess of $120,000, the two companies together ownlisting
of
last
unified
the
combonds
the
of
At the time
ing, it is understood, a majority of the $34,740,857 of ordinary
pany had in its treasury $1,620,000 of such issue; to which shares. Other unusual amounts recently
received as diviadd bonds released as below, $1,120,000, making a total of $2,- dends on stock owned include: Northern Central,
From this last item deduct the amount now listed extra, $62,680; Norfolk & Western, 1 per cent on 1 per cent
740,000.
common,
Ifaving in the treasury
$540,000.

(|2,200,00O),

about $160,000; total of foregoing, $343,000. In addition the
Bonds for $1,000,000 Caiweled—There has system
holds somewhere between 17 and 50 millions of combeen redeemed and canceled this month $1,000,000 of the mon and preferred stock of the Baltimore & Ohio,
and about
company's 5-20 year collateral trust bonds, releasing $1,120,- 10 millions preferred stock of tne Norfolk
& Western, on all
OCO unified 4 per cents and $320,000 Paducah & Memphis Di- of
which
Collateral Trust

vision 4 per cents, being a proportionate part of the collaterals deposited to secure said issue. There having been
11,000,000 of the bonds of said issue previously redeemed and
canceled, there remain outstanding as of this date of said
issue $10,500.000.—V. 73, p. 1188, 1136.

—

Missouri Pacific Rj,—New Stock Authorized. The shareholders on Wednesday authorized the proposed increase in
the capital stock from $70,000,000 to $100,000,000. See V. 73,
p. 1238 and 821.
Co. Notice to Bondholders.— The
Special Master notifies all holders of bonds and coupons to
present their bonds at his office in Montgomery, Ala., on or
before July 15 on penalty of being debarred from any share
in the distribution of the proceeds of the sale to be held
under decree of foreclosure. V. 72, p. 989.

Monteomery Terminal

—

NasliTille Ry. Receiver— Foreclosure.— Judge C. D. Clark
of the United States District Court at Chattanooga, on June
Guaranty Co.,
21, upon application of the Baltimore Trust
mortgage trustee, appointed Major E. C. Lewis and Percy
Warner receivers of the Nashville Railway. The receivership
is preliminary to foreclosure and reorganization, the interest
due Feb. 1, 1901, on the $2,873,000 of outstanding first consols of 1900 being in default.— V. 72, p. 1238, 438.

&

& Western RR.—Final Distribution. —This
the foreclosure sale last spring, brought
$100,000, from which amount the holders of first terminal
mortgage bonds were entitled to about $50 per $1,000
bond. Prior to the sale nearly the entire issue of these
bonds was bought by a syndicate at $75 per bond. As a formal matter the reorganization committee now announce that
under the plan of Aug, 1, 1899, they are prepared to make
final distribution of the proceeds of sale among thexJepositors
under said plan in the proportions therein specified, to wit:
To firsfterminal mortgage bonds 4-5 and to second terminal
mortgage bonds 1-5, after deducting therefrom the committee's expenses at the rate of $15 30 for each first terminal
mortgage bond and $7 60 for each second terminal mortgage
bond. The amount for distribution is for each first terminal
mortgage bond the sum of $34 55, and for each second terminal mortgage bond the sum of $13 64.— V. 73, p. 723, 533.
New Tort Connecting RB.—See Long Island RR. above.
New

Orleans

property,

—V.

at

71, p. 913.

Norfolk & Western Rj.— Flood.— The Pocahontas coal disnear Bluefield, West Va., suffered from a serious flood
on June 23, and several miles of the company's main line
were swept away. We were informed yesterday that the
road, which was damaged to the extent of about $200,000,
is expected to be in full operation again before the close
of the week.— V. 72, p. 1080, 873.
Oresron Short Line RR.—Listed.-The New York Stock
trict

it is

annum.— V.

receiving dividends at the rate of 4 per cent per

72, p. 1238, 873.

Pittsburg Cincinnati Clileasro & St. Louis Ry.— Mrs*
Dividend on Common Stock.— The company this week declared its first dividend on the common stock— 1 per cent—
payable Aug. 15. The regular semi-annual distribution of 2
per cent on the preferred stock was declared at the same
time, payable July 15.—V. 72, p. 719, 736.
Pittsburg Sliawmut & Nortliern RR.—Sia<ws.— Touch-

ing the failure of Henry Marquand & Co., President Byrne is
quoted as saying
The flnn bonttht and paid for our bonds and we used and are usln^
the proceeds We are not embarrassed and do not expect to be. The
railroad company and the mining companies can meet their own obligations. I expect to see the roao's securities among the beet held by
the creditors of Henry Marquand & Co.— "V. 71, p. 1270.
Railroad Conttrnetion.— Statement for Half- Year. The
partially-estimated statement prepared by the "Railroad
Gazette" indicates that the railroad construction in the
United States during the first half of 1901 will aggregate
about 1,968 miles, contrasting with 2,111 miles in the corresponding six months of 1900. Companies to the number of
154 contributed to the result for the current year. The
"Gazette" says:
Texas leads with 245 miles, and Oklahoma is second, with 243
mUes. Georgia buUt 144 miles, Arkansas 133 miles, Lousiana 103,
and Colorado 102 miles. Seven other States built more than 50 miles
each. As in recent years, the South continues to show the largest

—

activity in raUroad building.

individual companies the Chicago Rock Island & Paolflo
no less than 157 miles. Most of this was on the extension
from the Kansas State line across Oklahoma and Tex at and toward
the proposed junction with the El Paso & Northeastern at Santa Rosa,
New Mexico. The St. Louia <fe San Francisco built 64 miles on the extension down through Indian Territory and into Texas. The Southern
Paolflo completed 60 miles, mostly In Texas. The Blaokwell Enid &
Southwestern and the Great Northern each built 56 miles, the Denver & Rio Grande 47 miles, the Choctaw Northern 40 miles and the
Northern Paolllc 39 miles.
As a rule the building has been either by the older companies or by new companies closely affiliated with the older
organizations.- V. 71, p. 1313.

Among the

leads, with

—

Rio Grande Western Rj.—Listed. The New York Stock
Exchange has listed $6,000,000 additional first consolidated
mortgage (and collateral trust) 4 per cent gold bonds, subseries A, of 1949, making the total amount listed to date
$10,000,000. These are the bonds recently offered to the
public, and the subscription list for which was almost immediately closed. See particulars as to loan in V. 73, p. 1189,
537.

Rutland RR.— Listed. —The New York Stock Exchange
has listed the $3,380,000 first consolidated mortgage 43^ per
cent gold bonds of 1941 and $1,350,000 Rutland-Canadian RR.
Co. first mortgage 4 per cent gold bonds of 1949. Authority
has also been given for the listing from time to time of additional first consolidated 43^ per cent bonds of the Rutland

Exchange has listed $1,991,000 additional consolidated first RR. Co. up to $3,700,000, on receipt of official notification
mortgage 5 per cent gold bonds of 1946, making the total that they have been issued in retirement of existing bonds of
amount listed to date $12,328,000. The proceeds of the addi- the company.—V. 73, p. 937, 873.
tional bonds were "applied to liquidation of prior expendiSt. Louis & San Francisco RR.— To Be Listed.— The
turee for equipment, betterments, etc."
New York Stock Exchange has authorized the listing of
Earnings.— The earnings for the 10 months ending April $5,000,000 first preferred stock, $14,335,700 second preferred
30 were:
stock and $37,408,700 common stock on and after July 1,
Ten
1901, as the same shall be issued in exchange for "voting
Oross
Other
Fixed
Net
Balance,
months.

earnings, (over taxes).

income.

charges.

trustees' certificates" at present listed.— V. 73, p. 1338, 1081.

surplus.

$139,340 $1,632,S65 $2,558,994
Interest on the income
bonds for the ten months at the
full rate of 5 per cent calls for $299,375 and on the B bonds
for $494,700, leaving a final surplus of $1,764,919,-7. 72. p.
1900-01... ?7 ,918,309

$4,052,219

A

1136, 1081.

Pennsylvania RR.— Listed.—The New York Stock Exchange has authorized the listing on and after July 1 as
issued of $60,500,800 additional capital stock recently sold
to the shareholders at $60 per $50 share, making the total
amount to be listed $203,300,800. The purpose of this increase of the capital stock is, as recited in the action of
the board of directors on March 27, 1901, to provide the
necessary funds for paying off the collateral investment obligations of the company for construction and equipment ex
penditures on the main and leased lines and branches, and
for other corporate purposes.
Payment of Loans. From the proceeds of the issue of $50,500,800 new stock, the company has paid off its $31,000,000 of
time loans obtained a year ago for the purchase of stock in
other railroad companies.
Control of Steel Companies. To ensure the ability of the
system to Durchase rails and other steel and iron materials at
-

—

—

Salt Lake CityRR.— Purcftaae.- President A. W. McCune
announced on June 30 that he had purchased 85 per cent of
the stock of the Salt Lake Rapid Transit Co. This is supposed
to mean that the consolidation of the two systems will shortly

be effected.—V. 73, p. 1239.
Salt Lake Rapid Transit Co.— Change in Control.— See
Lake City RR. above.
Savannah Florida & Western RR.— Increase of Stock.—
The shareholders on June 30 authorized the proposed increase
in the common stock from $9,432,900 to $13,500,000 and the
issuance of $12,500,000 preferred stock without voting power,
for the purpose of absorbing by consolidation the following
subsidiary companies:
Charleston & Savannah, Brunswick & Western, Alabama Midland,
Silver Springs Ooala & Golf and Tampa & Thonatossasa.
Further action regarding the consolidation, it is stated
will be taken by the stockholders on July 1.— V. 73, p. 1035,
184.

Seaboard Air Line Ry.- Called Bonds— Option to Exchange.
Georgia & Alabama Ry. gives notice of its election to
in
and retire at 105 and interest on Oct. 1, 1901, the $2,call

—The

:

June

mortgage preference 5 per cent bonds. The
& Guarantee Co., trustee, accordingly gives
notice that, as trustee under the Georgia & Alabama Ry. first
consolidated mortgage, it will, on and after July 1, 1901, aad
until further notice, exchange |1,000 first consolidated bond
first

Baltimore Trust

for every $1,000 preference bond, adjusting interest so that
each holder of $1,000 preference bond depositing the same
Alabama
prior to Oct. 1, 1901, will receive $1,000 Georgia
first consolidated 5 per cent bond, and $12 50, being difference in accrued interest. Interest will cease on preference
bonds on and after Oct. 1, 1901.
Bonds Offered. By advertisement on another page, VerUo. and Hallgarten
Co, invite subscriptions at
milye
102 and interest for the unsold balance of $8,000,000 Seaboard
Air Line Railway refunding collateral trust 5 per cent 10year gold bonds, part of a total authorized issue of $10,000,000, of which $3,000,000 are reserved to retire an equal
amount of collateral trust 53 maturing Oct.l, 1902. The bonds
offered are secured by deposit with the Central Trust Co.,
trustee, of $20,000,000 first mortgage, 50-year 4 per cent gold
bonds of the Seaboard Air Line Railway Company, which
latter issue is selling in the open market at about 85. The
entire refunding loan, but not any part of the same, is subject to redemption at 105 and accrued interest on any halfyearly interest day on three months' notice. The proceeds
are to be used for the immediate retirement of $3,400,000 6
per cent certificates of indebtedness, to pay for a one-sixth
interest in the Richmond- Washington Co., to meet '^ar trust
instalments, to pay floating debt, and to provide a fund of at
least $1,000,000 lor additions and improvements.
Upon the issue of the refunding bonds and the redemption
of the 6 per cent certificates, the annual interest on outstanding bonds and the rentals of the system will amount to
$2,524,900. The business of the system for the eleven months
ending May 31, 1901, shows gross earnings of $10,008,773,
against $8,801,936 in the previous year, an increase of $1,208,887, or 13-7 per cent. From Jan. 1 to April 30, 1901, the
mileage of the system has increased 10 '3 per cent, gross earnings 18'7 and net earnings 46 per cent. The net earnings for
the four months ended April 30 have amoanted to $1,281,667;
interest and rentals were $826,164, leaving a surplus of $455,503.
See further particulars in advertisement. V. 72, p.
1239, 1136.

&

&

—

&

—

Sea Coast RE.— See Atlantic City RR.— V. 72, p. 439, 1083.
Southern Rj.— Listed.—The New York Stock Exchange
has listed the $10,750,000 St. Louis Division first mortgage
4 per cent 50-year gold bonds of 1951. (See offering V. 72,
p. 138.)— V. 73, p. 1136, 1035,
Toledo Fremont & Norwalk Electric B.R.— Sold.— The
"Detroit Tribune" of June 23 says this property "was turned
over to the Everett- Moore syndicate last night at the Detroit
Club, where the papers were signed, sealed and delivered,"—
V.

—

THE CHRONICLE.

29, 1901.]

483,000

:

72, p. 1239,

United Railways & Electric Co. of Baltimore.— A^ew
President.— On Thursday Nelson Perin resigned as President
and director and Wm.P. Harvey retired as a director. George
R. "Webb was then made President and John B. Ramsey and
Wesley M. Oler were elected directors to fill the vacancies.
These changes followed the purchase of Mr. Perin's stock by
a syndicate, as foreshadowed last week.—V. 72, p. 1239, 481,
Wilkesbarre & Hazleton (ElectricJ UR.— Merger— Bonds
Offered,— Femherton & McAdoo are offering $1,400,000 of
this new company's $2,500,000 first collateral trust mortgage
50-year 5 per cent gold bonds, dated May 15, 1901; due May
15, 1951 interest May and Nov. 15.
Coupon bonds, $1,000
each, with provision for registration. Guaranty Trust Co.
;

New York, trustee.
This electric company is a New Jersey corporation, with
$2,700,000 of authorized capital stock, of which §3,000,000 is
6 per cent non cumulative preferred, this last having been
issued in exchange for $700,000 of the $1,000,000 capital stock
of the Lehigh Traction Co. of Hazleton, Pa. Of the new
company's authorized issue of $2,500,000 first collateral trust
mortgage gold 5s, there are reserved for purchase of Lehigh
Traction 5s $600,000; reserved and in hands of trustee for
acquisition of additional property and for other corporate
of

purposes, $500,000; present issue, $1,400,000,
Tae proceeds of the $1,400,000 of bonds now offered will
be used to complete the extension from Hazleton to Wilkesbarre (28 miles) and to equip the same, and to construct a
modern power house, and for the purchase of the $140,000
debt certificates of the Lehigh Traction Co.
Further information is furnished as follows:
The $1,400,000 bonds offered are eeonred by the deposit with the
trustee (the Guaranty Trust Co. of New York) of $1,500,000 of the
first mortgage boHda and $1,500,000 (the total issne) of the stock of
the WUkesi)arre & ria/.leton Ry. Co. of Pennsylvania, thus making, to
*°*^ purposes, these bonds an absolutely flrsl mortgage,
.U'^*^"'''
with
additional seourliy consisting of the following: $140,000 (being
issue) of the 5 per cent oertlfloates of Indebtedness and
£''^^^°«A^®
^??99£.<"*''"'^ 1^ P*"" ^®"t) o' the outstanding capital stock of the
ehlgh Traction Co. of Hazleton, Pa. The net earnings of the Lehigh
Traction Co for the past year are stated by the olHcers to have exceeded $S7,000, or more than 33 per cent of the total llxed charges on
the bonds here offered The lines of the Lehigh Co. aggregate 22 miles
of well built.electrlcally equipped road,and cover the oily of Hazleton
and the numerous surrounding mining towns, with a combined popu-

1281

connection with the electric lines between Wilkesbarre and Scranton
and intermediate towns. The pooulation of Wilkesbarre and the
towns served by the Wilkesbarre & Wyoming Valley Traction Co. Is
about 200,000; tliat of Hazleton and its suburbs Is 95,000; combined
population reached by the lines of the Wilkesbarre & Hazleton and
its Immediate connections, 29>,000.
The road will shorten the distance, it is said, between Phil-

adelphia and Wilkesbarre about one hour, and develops a
territory thought to be rich in agricultural and mineral
products.

Wiiliamtport & North Branch RR.— Refunding Bonds
Wilson & Stephens of tnis city are offering by advertisement on another page $500,000 of the company's new
i}4 per cent refunding first mortgage gold bonds, due July 1,
1931, at lOOK and interest for delivery July 1.
The following
Offered.

—

facts are furnished:

The road, consisting of 45 miles, standard gauge, with 10 miles of
sidings, forms a natural physical connection between the Philadelphia
<fe Reading and Lehigh Valley railroads, and as such is used by several
fast freight lines between the West and eastern seaports. The charter contaluB the right to own and mine coal, which privilege can no
longer be obtained. The company occupies a very Independent position, inasmuch as 70 per cent of the gross tonnage is local. The road
at present has no coal business whatever. Plans have been perfected,
however, by which, with the building of about two miles of track, a
large tonnage will be secured. The net earnings should be increased
from this soaroe to the extent of about $20,000 per year.

The earnings for the year ending June 30th, 1901 (June estimated), as reported by the President, are: Gross, $112,000,
against $106,339 in 1899 00 net earnings, $40,000, against
$35,000 in 1899-00; interest 43^ per cent on $500,000 first mortgage bonds, $32,500; balance, surplus, $17,500. See also V.
;

72, p. 990.

INDUSTRIAL. GAS AND MISCELLANEOUS.
Amalgamated Copper Co.— On New York Unlisted.— The
New York Stock Exchange has authorized the admission to
dealings on the unlisted department of the $80,000,000 new

&

stock as issued in exchange for the stock of the Boston
Montana and Butte
Boston companies, making the total
listed $155,000,000.
The company states that it has acquired
with §73,540,200 of the new shares $3,447,200 stock of the
Boston
Montana, out of a total issue of $3,750,000, and
$1,838,500 of the Butte & Boston Company out of a total
issue of $2,000,000.
The remaining $6,459,800 of the $80,000,000 new stock will be issued for the balance of the stock of
Montana and the Butte & Boston on same basis
the Boston
if presented within time specified,
" It appeared by the report of the special committee appointed by the board of directors that the market value of
the properties of the Boston
Montana and Butte & Boston
companies taken together was estimated by experts at $85,000,000, and that at the market price at which the shares of
the two companies were selling, the entire stock of both companies, for which it was proposed to issue the $80,000,000 increased stock of this company, was in excess of $90,000,000."
The recently-declared quarterly dividend of !}{ P«r cent
and
per cent extra on the stock of the Amalgamated Co.
applies to the new issue of $80,000,000.
Stock Owned.— The company reports as follows the stocks

&

&

&

&

^

owned by

it,

STOCKS

viz.

WHOLLY O^VKED EXCEPTIHO OBOAH IZESS'

SHARES.
Total Issue.

Washoe Copper Co., Butte, Montana

$5,000,000
2,500,000
1,500,000
700.000

Colorado Smelting & Mining Co., Butte, Montana
Diamond Coal <fe Coke Co., Diamondvllle. Wyoming
Big Black Foot Milling Co., Bonner, Montana

MAJORITY OF STOCK OWNED.
Anaconda Copper Mining Co., Butte, Montana
$80,000,000
Parrot Silver & Copper Co., Butte, Montana
2,298,500
Hennessy Mercantile Co., Butte and Anconda. Montana.. 1,600,000
Boston & Montana Con. Cop. & 811v. Mln. Co., Butte, Mont. 3.7.'^0.000
Butte

& Boston

Consolidated Mining Co., Butte, Montana.

2,000,000

Debt.— The Amalgamated Copper Co. bas no bonded debt.
The constituent companies have outstanding only the following bonds:
Boston & Montana Con. Copper* Silver Mining Co. 7 p. c.
bonds, $100,000 due each'year from 1902 to 1907; can not
be redeemed until due
$600,000
Butte & Boston Con. Mln. Co. 6 p. c. b'de, due April 1, 1917. 1,500.000

—V.

72, p. 1239, 1189.

American Car & Fonndry Co.— Officers.—The directors
on June 27, by unanimous action, dispensed with the position
of Chairman of the board and created an Executive Committee, consisting of William

McMillan, Chairman;

W. K.

Bixby, Vice-Chairman, and Frederick H. Eaton, President.
The Executive Committee were charged with the control
over and general supervision of the policy and business interests of the company and of all its affairs.
The following

were elected
William McMillan, Chairman; W. K. BLsby, Vioe-Ohairman; Frederick H. Eaton, President; W. J. McBrlde, First Vice-President and General Manager; W. P. Coleman, Second Vice-President; E. F. Carry,
Third Vice-President; Geo. Hargreaves, Fourth Vice President; 8. 8.
De Lano, Treasurer; F. F. Webber, Secretary, and J. M. Bulok,
Auditor.— V. 72, p. 1235, 1239.
oflBcers

American Chicle Co.— Dividend.—The July dividend on

common stock is announced as 2 per cent, contrasting
with 13^ per cent for the previous quarter, and with 2 to 2^
per cent previously, V. 72, p. 676.
American Locomotire Co. Increased Output. The direclation of 95,000.
tors
at their meeting this week authorized the expenditure
The Wilkesbarre & Hazleton Railway Co.—whose entire capital stock
and b(md issue are deposited aa security forthebonds above desorlbed of sufficient money to increase the output of the various
—owns the franchises and private right of way for an extension of 28 works from 1,700 to 2,000 engines a year.— V. 72, p, 1240, 1189.
miles from UazUton to Wilkesbarre and has acquired bv lease, on adAmerican Strawboard Co.— Consolidation Plan. A comvantageous terms, the right to operate its oars over the" tracks and to
use the terminals of the Wilkesbarre & Wyoming Valley Traction mittee of which President Newcomb is Chairman has issued
Co., thus giving it terminal facilities in the city of Wilkesbarre and a circular asking deposits of the stock with the Merchants'
the

—

—

—

—

THE CHRONICLE.

1282
&

Trust Co. of Chicago, under a plan approved by the
directors for the consolidation of the company with other

Loan

concerns not

named.— V.

73, p. 583, 534.

American (Bell) Telephone & Telegraph Co.— Listed in
NetP Forfc.— The New York Stock Exchange has listed the
$15,000,000 4 per cent collateral trust bonds of 1939 for $1,000
each, and has empowered the Committee on Stock List to list
$94,237,500 capital stock upon completion of arrangements
for transfer of said stock in New York, and also to add |20,709,000 additional stock recently offered for subscription to
Etockholders as the same has been paid for, issued and delivered.— V. 72, p. 1240, 1189.
Atlas Tack Co.— Coiiimittee.— The following protective
committee has been appointed by bondholders:
Chairman, James Richard Carter, of 246 Devonshire St.. Boston;
Wm. A. Rust, President Freeman's Bank; S. L. Cushraan, of Taunton,
President of Bristol County Bank; Albert O. Smith; JEIenry Endicott.—
V. 72,

p.

1137.

[Vol. LXXII,

Judge E, H. Gary, Chairman of the executive committee
of the United States Steel Corporation, is quoted as saying:
President Cassatt of the Pennsylvania RR. Co. voluntarily told me a
few days ago that his people had purchased the Cambria Steel Co. and
the Pennsylvania Steel Co. At tlie same time he assured me that it
will be the disposition of this company to operate in entire harmony
with the United States Steel Corporation. Basing my statement on
previous business transactions with Mr. Cassatt, I am pleased to say
that his assurances are received with perfect oontidenoe and entire
satisfaction. None of the interetts of any of the steel oompaaiea wlU
be prejudiced by reason of these purchases.
Besides having a very large output of steel rails and bridge
and other structural materials, the plants so to be controlled include one (Cambria Co.) manufacturing steel cars
and another (Maryland Steel Co.) having a large ship-yard
engaged in building steel vessels.- V. 72, p. 1240, 1190.
Cincinnati Gas & Electric Co.— First Dividend.— This
company, a recent consolidation of Cincinnati lighting companies, last week declared its first dividend, quarterly, 1 per
cent, payable July 1.— V. 72, p. 938, 724.

Back Bay Park Land Co.— DeZat/.— The delay in the conCitizens' Light & Poirer Co. of Rochester.- A'eu? Plant.
summation of the plans of this company is explained as due
This
company, which recently increased its capital from
to the refusal by some of the largest stockholders of the
Boyleton Street Land Co. to give their approval to the plan. $150,000 to $2,500,000, is making preparations for the con-

—

—V.

72, p, 874.

Bethlehem Steel Co.—^aZe,— Official Circulars —Joseph
Wharton, Robert P. Linderman, E. P. Wilbur, Robert H.
Sayre ard C. & H. Boiie and their associates, owning more
than a majority of the $15,000,000 capital stock of Bethlehem Steel Co., have agreed to sell their stock upon the followPrice per $50 share [on which $1 has been
ing terms, viz.
paid in] $24, to be paid within ten days after the performance of the conditions herein stated. A dividend of 25
cents per share may be declared pending consummation of
the transaction, prior to Au^. 15, 1901, payable to the depositing shareholders at such time as the board may order.
The sale to be consummated upon performance of the follow
ing conditions of purchase:
(a) The sale, conveyance and transfer to Bethlehem Steel Co. by the
:

•

Bethlehem Iron Co. of all the properties, assets and franchises of
the said the Bethiehem Iron Co., in fee,eut)jeot only to.the existing encumbrance of $1,351,000, and the further proposed encumbrance of
$7,500,000, as hereinafter stated, thus extinguishing the lease now
existing between the Bethlehem Iron Company and the Steel Company bearing date May 25th, 1899.
(b) The execution and delivery by Bethlehem Steel Co. in payment
for the conveyance by the Bethlehem Iron Co. of its said franchises
and rropertles, of 7,500 gold bonds, each for the sum of $1,000,
payable Aug. 1 St, 1998, bearing interest at the rate of 6 per cent per
annum from Aug. let, 1901, payable quarterly, free of tax, and the
execution of a purchase money mortgage upon all the property of
the Bethlehem Steel Co. to secure the payment of said bond issue of
$7,500,000.

All other holders of the stock of Bethlehem Steel Co. may
deposit their stock with the Qirard Trust Co. of Philadel
phia at any time prior to Aug. 20th, 1901, and receive the
same purchase price per share, payment to be made by the
Girard Trust Company when the money therefor shall have
been paid to it by the purchaser, which should be within
thirty days after the payment by the purchaser for the stock
already deposited.
Bethlehem Iron Co, The shareholders of the Bethlehem
Iron Co. will meet Aug. 15th to act upon a resolution to sell
to the Bethlehem Steel Co. all the properties and franchises cf
the Bethlehem Iron Co., as aforesaid; and upon this sale being
consummated, the holder of each twenty shares (|1,0C0) of
stock of the Bethlehem Iron Co. (total issue, $7,500,000) will
be entitled to receive a $t,OCO bond. Provision will ba made
for enablirg the holders of fractional parts of twenty shares
as registered on June 22d, 1901, either to buy or sell at the
rate of f65 per share. Messrs. Wharton, Linderman, Wilbur, Sayre and Borie, who with their associates hold
or control a majority of the shares of the Iron Company, have deposited their shares with the Girard Trust Co.
for the purpose of carrying the above- recited plan into effect,
and all other holders are invited to do likewise. The usual
Bethlehem Iron Company dividend, payable Aug. 1, will
also be paid to the depositing shareholders.— V. 72, p. 1240,

—

struction of its plant.— V. 72, p. 139.
Colorado Fnel & Iron Co. Listing— New Stock and
Bonds on Stock Fxchar.ge. The New York Stock Exchange
has listed this week $6,000,000 additional common stock of
the Colorado Fuel
Iron Co., which the company has sold
for the purpose of improvements, making the total amount
listed to date §23,000,000.
There was also listed $371,000 additional general mortgage bonds issued for the purposes of
the finking fund and to take up the Colorado Coal & Iron 6 per
cent bonds. These latter bonds mature Feb. 1, 1902, and the
balance of the issue (§2,440,000) will be replaced by the general mortgage fives.
The official statement made to the Stock Exchange in connection with the new listings gives much valuable information, and will be found on pages 12t4 and 1285.— V. 73, p. 1240.

—

&

—

Co. of St. Lonls.— Change in Control.
Eastern syndicate has purchased $310,000 of the capital
stock at $14 per $10 share, and will pay the same price for
the minority shares if deposited with the National Bank of
Commerce in St. Louis by July 1. The authorized issue waa

Colnmbia Lead

An

recently increased from $503,000 to $600,000.

Compressed Gas Capsule Co.— On Cttr&.— The preferred
stock was sold on the curb this week for the first time, the
price being 20. The company's statement was given in V. 1,
<

p. 1168.

Consolidated Gas Co. of New York.—Maturir.g Bonds.—
The Metropolitan Gas Light Co. first mortgage 6 per cent
bonds dated August 1, 1881, maturing July 31, 1901, will be
paid upon presentation at the office of the Fsrmers' Loan &
Trust Co. on and after July 31, 1901.— V. 72, p. 1037, 991.
Consolidated Rubber Tire Co.— Agreement— Injunction
Dissolved.—At Jersey City, on Monday, Vice- Chancellor
Pitney, by consent, dissolved the injunction preventing the
issue of $3,000,000 debenture bonds in exchange for the outstanding preferred stock of like par value, and consented
to the issue of the bonds on condition that each shall
contain a clause subjrdinating the same to the existing
debts of the company. The injunction was obtained by the
Goodyear Rubber Co., a creditor. The new bonds are to be
4 per cent incomes. The stockholders' meeting has baen further adjourned until July 2.—V. 72, p, 991, 938.
Consolidated Tobacco Ctu— Plan Operative.— The olan of
exchanging the common stock of tue American and Continental Tobacco companies for the 4 per cent 50- year gold
bonds of the Consolidated Co. ha3 been declared operative.
Up to Wednesday 99 per cent of the common stock of the
Continental Company and 88 per cent of the common stock
of the American Company had been deposited with the Morton Trust Co. It is intimated that an extension of perhaps
thirty days will probably be made in the time for making

1190.

deposits.— V.

Boston Electric Light £o.— Consolidation Approv.d.—
The shareholders on Monday approved the proposed consolidation with the Edison Electric Illuminating Co. of
Boston. Ten shares of the Edison Company will be exchanged for 10^4^ shares of the Boston Com pacy. Four of

Corporation Tax in New York State. -i)ecision.— The
Court of Appeals at Albany on June 20, in the case of A.

the directors cf the latter company will be chosen directors
of the Edison company, the board of that company being
enlarged for that purpose. The shareholders of the Boston
Compsny are rf quested to deposit their shares with the Old
Colony Trust Co. of Boston on or before July 24 in exchange
for negotiable receipts.— V, 72, p. 1190, 677.
Cambria Steel Qa.— Controlled by Several Railroads.—
Effingham B. Morris, a member of the executive committee
of the Pennsylvania Steel Co. and a director of the Pennsylvania RR. Co. on Tuesday announced that the purchaser of
the controlling interest in the Pennsylvania Steel Co. was
the Pentsylvania Company, owned by the Pennfylania RR.
Co
al30 that the Pennsylvania Company has secured
by purchases of stock and warrants in the open market a
controlling interest in the Cambria Steel Co. The Pennsylvania Co., it is stated, has allotted portions of the stock of
the Pennsylvania Steel Co. to the Reading Co., the Northern
Central, the Baltimore & Ohio, the Chesapeake
Obio and
the Norfolk
Western Railroad companies, retaining the
larger share itself, with the Reading Company as next
largest holder. A similar disposition, it is understood, will be
made of the stock of the Cambria Company.
,

;

&

&

72,' p. 1190, 1138.

&

Co. (a New Jersey corporation) vs. the State
Klepstein
Comptroller, decided, according to the press reports, that a
foreign corporation is taxable on its capital stock under the
Corporation Tax Law of this State, if it transacts business
in this State, although the business is in the nature of
inter-State traffic. A. Klepstein & Co. carry on a general importation business, principally the sale of chemicale
and drugs, and its capital stock is largely employed in foreign
commerce, six sevenths of its business being the importation
and sale in unbroken packages of chemicals made in Europe,
The case is expected to be appealed to the United States
Supreme Court.
Crucible Steel Co. of America.— Au.x liary Company,—
See St. Clair Steel Co. below —V. 72, p. 777, 677.
Delaware River Ferry Co.— Called Bonds.—Ten moitgage
bonds of 1891 have been drawn and will be paid at 105 and
interest on July 1, 1901, at the Provident Life & Trust Co.,
of Philadelphia, trustee, viz., xNTos. 4, 9, 26, 114, 173, 206, 385,
426, 467,

469.-V.

71. p. 32.

Diamond Match Co— Listed

in

New York.— The New York

listed the $14,750,000 capital stock heretofore listed only in Chicago.— V. 72, p. 1240, 335.

Stock Exchange has

Company of America.— Bonds Listed.— Th&
Stock Exchange has admitted to the regular list

Distilling

New York

—— —
June

THE CHRONICLE.

29, 1901.]

$4,080,000 of the $5,000,000 5 per cent collateral trust gold
coupon bonds of 1911.— V. 72, p. 1240, 1138.

Edison Electric llIamioatiDg Co. of Boston. -Consolidation.— The shareholders oq June 25 approved the consolilaSee Boston Electric Light Co. above.— V. 72, p. 1190,
tion.
Edison Portland Cement Co. — Unavoidable Delay.—
Owing to the inability to get the necessary structural material, the company has been disappointed in the expectation
of having its plant at New Village, N. J., in operation this
spring. It is hoped, however, to begin manufacturing cement before the end of the year. About $1,000,000 has been
expended on the property, and the remaining $400,000 required to complete the plant, it is suggested, will probably
be obtained by issue of treasury preferred stock. The comSany has the rights for the United States and Canada under
The "Philadelphia News
Ir. Edison's cement patents.

Bureau"

says:

The
at the outset will be about 1,500 barrels a day.
capacity of the plant will bo 10.000 barrels a day, but with Improvements now in process of manufacture it is expected that 20,000
tons a day can be produced, which amount Is about one-seventh of the
country's entire consumption of all kinds of cement.
The capital stock is $9,000,000 common and $2,000,000 8 per
cent preferred.—V, 68, p. 1180.
The production

full

Ecuadorian Association, Ltd.—Bonds Offered.— This association offered in New York and London recently at 90 an
issue of £1,000,000 6 per cent gold bonds in denominations of
£100 and £200, due 1932, redeemable after 1905 at 110; interest
payable in New York and London, January and July. Trustees for Bonds— The Hon. Sidney Carr Glyn of 27 Grosvenor
Place, London, S. W.; A. S, Harvey, Secretary to Glyn,
Co., 50 Old
Mills, Currie
Co.; Frank Dawes, of Bircham
Broad Street. London, E. C. An advertisement says in part:
The capital stock of the association Is £500,000. The bonds offered
are secured by a deed of trust constituting a first charge upon $10,000,000 6 per cent gold bonds, $5,000,000 7 per cent cumulative preferred stock and $3,584,000 common stock of the OaayaquU & Quito
Ry. Co. The deed provides that the proceeds of this issue shall be held
toy the trustees and shall be paid over to the association upon delivery
of a proportionate part of the above securities to the trustees ae earned

&

&

by the association for construction.
The railway bonds are scoured by a first mortgage on the road and
are guaranteed, principal and interest, toy the Government of Ecuador
the Government guaranty being secured by a first lien on all the customs duties of Ecuador, which for the last fiscal year were over $3,000,000. The railway has an authorized Issue of $12,282,000 bonds,
$5,250,000 preferred and $7,032,000 common stock. The line Is about
290 miles long, of which 67 miles are open for trattio and 48 miles additional neariug completion. The road passes through a rich and fertile country, connecting a number of large and prosperous towns between Guayaquil and Quito, both of wlilch cities have over 100,000
Inhabitants. The coumry produces coffee, cocoa, sugar, cotton, grain,
rubber, and other agricultural products. It Is rich in minerals, including gold, copper, sulphur, coal, Ac. The government is stable and
liberal, and Its finances are upon a gold standard.
Directors— Hon. Sir James Bivewright, Chairman; David Flnlayson
and John Fleming, all of London; Archer Harman, 33 Wall 8t^ New
York, Managing Director; William C. Hunter, Edlntourgh: Sir Robert
D. Monorelfle, Bridge of Earn, N. B.; David Russell, Leith, Scotland.
Vice- Chancellor Stevenson, in Chancery Chambers at Jersey City on Thursday, denied the application of a minority
stockholder in the Ecuador Development Co. for an injunction to prevent the bonds being issued.

Flat Top Coal Land Association.— A deal for the purchase of this property has been for some time on foot. It is
now stated that a sixty-day option was given on the
stock, $160 cash for the common and $100 for the preferred.
It is surmised that some steel company or possibly some of
the trunk lines within reach of the property may be in the
"deal."

Flemlngton Coal & Coke Co.—Receive7' Appointed.— This
company has been placed in receiver's hands pending foreclosure of a mortgage securing bonds, of which J. B. Haggin
owns about $500,000. The receiver it is stated is President G.
C. Gardner.— V. 71, p. 1272.
Framingbam tJas Fuel & Power Co. of South Framingham, Mass.— New Bonds. — The company has applied to the
Massachusetts Gas & Electric Light Commission for permisaion to issue a block of refunding bonds.

Eraser & Chalmers Co.— Limited.— From the $1,250,000
received from the sale of the American works, it is proposed
to offer to such debenture holders as are willing to assent
thereto to redeem the debentures at any time between July 1
and August 1 at the price of £107 lOs,, which is equivalent
to a bonus or premium of 5 per cent, in addition to the full
payment of the half-year's interest to August 1.— V. 72, p.
1138. 875.

General Electric Co.— PMrcftase.—The company has purchased certain German and French holdings in the British
Thomson - Houston Co., Limited, of London, and has
thereby secured a controlling interest in the property,
which will hereafter be operated in close relations with the
General Electric Co. The British Company has been operating under patents of the General Electric Co., but as an independent concern. V. 72, p. 1240, 938,

1283

dian Salt Co. (see V. 72, p. 11 3S), the Spanish- American Salt
Co. (see V. 70, p. 798), the Federal Salt Co. (V. 71, p. 1271)
and other compinies, with a view to controlling a large share
of the salt output of the world.
Kentacky Heating Co. of Louisville, Kj.— Decision.—
The Court of Appeals at Frankfort, Ky., on .Tune 20 reversed the judgment of the Jefferson Circuit Court, 'Law and
Equity Division, in the case of the company against the
Louisville Gas Co. The Court holds that the Kentucky
Heating Co. has the right to sell natural gas for illumination
and natural and artificial gas for heating purposes; but that
the company "cannot sell artificial gas alone or mixed with
natural gas for the purpose of illumination without violation of the Louisville Gas Company's exclusive privilege, and
for doing which that company has the right to complain,
and to have its inj auction made perpetual." The lower
court decided that the Kentucky Company had no right to
sell natural gas for illuminating purposes without a city ordinance. The Court of Appeals holds that no ordinance is
necessary, as the charter of the company gives it the right to
sell suoh gas without any ordinance whatever.
Both companies claim to be satisfied with the decision. The ofiBcers
of the Louisville Gas Co. say the Kentucky Heating Co. has
not sufficient natural gas to come into competition with the
gas company except the natural gas be mixed with artificial
gas as forbidden by the present decision. V. 71, p. 1123.

—

Kings County Electric Light & Power Co.— Contract.—
The company recently contracted to sell a large amount of
electrici^, stated as 10,000 horse power daily, to the Brook»
lyn Rapid Transit Co.—V. 71, p. 1223.
Loaisville Gas Co. Decision.— See Kentucky Heating Co.
above.—V. 72, p. 725, 482.
National Asphalt Co.— Decision not Final.— The report
from Washington on Thursday that the Supreme Court of
Venezuela had decided the asphalt concession case in favor
of the company turns out to have arisen from the refusal of
a local court to grant to the Warner- Qainlan faction the
right to temporary possession of the property pending the
final decision of the case, which is not expected to be reached
for several months.— V. 72, p. 1240, 1139.
National Salt Co.
al Salt Co.

above.— V.

Consolidation Plana.— See Internation72, p. 1139, 934.

New Orleans Brewing Co.— Option*.— A. E. Griff of Chicago, it is stated, has secured sixty-day options from all the
larger stockholders in New Orleans to purchase their holdings
at $50 a share for the common and $90 for the preferred
stock. The plan is said to be to place practically all the
breweries of the city under one management.— V. 09, p. 1015.
Northwestern Steamship Co.— Bonds Offei-ed.-The Detroit Trust Co. is offering on a 5- per cent basis $146,000 of
The remaining $354,this company's first mortgage gold 6s.
000 have already been sold. See V. 72, p. 1139, 876.

—

Pennsylvania Steel Co. Purchase. The purchase of the
Coleman Drayton holdings, referred to last week, it is stated,
embraces a 38-96th interest in the Cornwall Ore Banks Co.
Control.—See Cambria Steel Co. above.— V. 72, p. 1241,
1191.

People's Gas Light & Coke Co. of Chicago.— Confraci
Accepted, The company on Tuesday formally accepted the
contract with the city as ratified by the City Council last
week. This contract runs for one year, and provides, as did
the earlier propositions, that the company shall furnish the
city with free gas for 25,000 street lamps, and shall equip
the lamps with Welsbach burners and mantles, but shall
leave the maintenance to the city. The company agrees, as
before, to pay the city 3)< per cent of the gross receipts from
sale of manufactured and 5 per cent of the gross receipts
from the sale of natural gas, but the gas furnished to the
city as above is to be taken as of the value of $350,000 a year,
while the equipping of the lamps with burners is to be taken
If the
as worth $25,000. making a total credit of $375,000.
percentage should amount to more than this sum, the company agrees to pay the difference in cash. The city promises
to start no suits attacking the gas company's franchises, but
reserves the right to continue the suits respecting the Ogden
Gas Co. and 75-cent gas. (See V. 72, p. 630, 779; al8op..725.)
The friends of the company believe that the agreement settles the difficulties with the city on terms so favorable to the
latter that the contract, though terminable at the end of a
year, is likely to be allowed to run indefinitely.
Litigation.— Judge Kohlsaat at Chicago on Thursday denied the city's motion to remand back to the State Courts
the case of the Ogden Gas Co., and granted the defendant
company sixty days in which to file its answers. This, it is
said, will postpone further action in the case until late in

—

September.— V. 72, p. 1241, 1087.
Rogers Locomotive Works.-Sale.— Vice Chancellor Emery, in Newark, N. J., on Monday dismissed the application
of the International Power Co., for the reopening of the sale
of this property, on the ground that the petitioners were
neither
creditors nor stockholders of the Rogers Company
Imperial Electric Light, Heat& Power Co. of St. Louis.
SoW.— Battles, Heye & Harrison of No. 71 Broadway have and therefore could not intervene. The Vice-chancellor,
of George H. Langbottom,
sold a controlling interest In this company to Bertron & Storre. however, on the application
President of the Rogers Company, signed an order, returna—V. 72, p. 778.
ble today, to show cause why the sale should not be reopened.
International Salt Co.— ProposfdCowbine.- Negotiations —V. 72, p. 1087, 991.
are in progress for the merger under this title of the National
Salt Co. (see Investors' Supplement, page 165), the Cana^PTor otber luTestment Nevra see Pace 1285.

—

:

THE CHRONICLE.

1284

[Vol. LXXII.

tpoxts mxii ^ocxxmtnts.
APPLICATION TO

THE COLORADO FUEL & IRON COMPANY.
NEW YORK STOCK EXCHANGE TO LIST $6,000,000 ADDITIONAL COMMON
New

York. June

opening of mines, building of coke ovens, washeries and

10, 1901.

Referrinar to the applications for listing (30,000 shares, par
value $6,000,000, of the Common stock of the Colorado Fuel

&

Company, dated October 11, 1899, January 3,
and March 16, 1900, application is hereby made for the
Iron

STOCK.

1900,
list

ing of an additional 60,000 shares of the Common Stock, par
value $6,000,000.
At a Special Meeting of the Stockholders of the Colorado
Fuel & Iron Company, held in Denver, Colorado, on September 25, 1899, the Articles of Incorporation of the Company
were amended, increasing the authorized capitalization to
$25,000, Ono, consisting of $23,000,000 of Common Stock and
$2,000,000 of Preferred Stock, the entire increase of $12,0i 0,000 being in Common Stock.
Of the Capital Stock, $17,000,000 of the Common Stock
and $2,000,000 of the Preferred Stock are already listed on

your Exchange.

The Stockholders also adopted at that meeting the following resolution
Resolved, That the Board of Directors of this Company
be authorized to issue from time to time all or any part of
the $12,000,000 of Common Stock, which has been added to
the Capital Stock, for cash or in payment for any property
which it may deem expedient to acquire for the Company,
or may issue the same for any improvements or developments, or in payment for any contract for improvements
or developments which may be made for the Company.
The purpose of the increase in the Capital Stock of the
Company was to enable it to enlarge its iron and steel plant
at Pueblo, Colorado for the building of additional blast
furnaces and auxiliary plants; the opening and equipment
the building of new coke
of new coal and iron mines
ovens, and the acquisition of additional coal and iron
lands. Also for additional working capital to conduct the
increased business.
The Company has entered into a contract for the sale of
the remaining $6,000,000 of Common Stock in consideration
cash and 24,989 shares of the Capital Stock
of $3,480,000
of The Rocky Mountain Coal & Iron Company, par value
:

;

;

m

$2,498,900.

of The Rocky Mounconsists of 259,000 acres of land

The property secured by the stock

tain Coal & Ijon Company
in Las Animas County, Colorado, adjoining the most important coal properties already owned.
This land is subject to a mortgage securing $750,000 Five
per Cent Fifty- Year Gold Bonds, issued by the Rocky MounIron Company, maturing May 1, 1951, which
tain Coal
have been guaranteed by The Colorado Fuel & Iron Com-

&

other plants.
It was stated in a circular issued to the Stockholders at
the time they were asked to vote the increased Capital
Stock that it would require at least two years to make the
proposed improvements. All of the improvements are well
under way towards completion, and the Company will have
in a short time an annual capacity of 550,000 tons oE finished
steel products, and will be able to produce from its properties the material and supplies required therefor.
The first of the new blast furnaces, which will double the
output of pig iron, is rapidly approaching completion, and

expected to go into blast in from thirty to sixty days.
for its completion was April 1, but unavoidable delays have occurred.
Up to the present time but little return in the way of
earnings has been realized from the new capital, as such
earnings are necessarily dependent on the final completion
of improvements and increase in output of steel products.
is

The contract date

CONDENSED BALANCE SHEET APRIL
Real estate

the output of the steel plant of the Company from 150,000
tons annually of finished product to 550,000 tons, and the
acquisition of the necessary additional coal and iron lands,

92
SO
54
01
3,325,32188
8,640,575 12
m

$13,458,136
3,583,438
7,173.299
160,743

Equipment— Fuel department
Equipment— Iron department
Equipment— Miscellaneous
Stocks of auxiliary companies
Cash and convertible assets (as per statement)

$36,342,015 27
Licibit'itics

Capital Stock, Preferred
$3,000,000 00
Capital Stock, Common
23,000,000 00
C. F. &I. Co. Five per Cent General Mtg. Bonds
2,574,000 00
C. C. &I.00. Six per Cent ConsolMtg.Bond8.$3,399,000
Less bonds held in sinking fund
756,000
2,643,000 0a
O. F. Co. Six per Cent General Mtg. Bonds
880.000 00
Fund for payment of taxes
24,000 00
Fund for payment of personal injury
24,556 90
Fund for payment of fire insurance
21,276 67
Fond for emerirenoles
133,992 38
Sinking funds (equipment and real estate)
1,176,035 12
Casli liabilities (as per statement)
1,744,183 29

Total liabilities
$34,221,044 36
and loss tobalance, being excess of assets over
2,120,970 91

Profit

liabilities

$36,342,015 27

The net earnings of The Colorado Fuel & Iron Company
for the ten months of the current business year to April 30,
1901, have been as follows:
Net earnings ten months, July 1,1900, to April 30, 1901. $1,686,899 04
Proportion of bond interest and taxes for ten months. ..
381,765 00

pany.

The cash consideration received for this stock will enable
the Company to complete the improvements projected at
the time the increase in the stock was authorized by the
Stockholders, which improvements will result in increasing

30, 1901.

Assets.

Surplus

$1,325.134 04

J. C.

OSGOOD, Peesident,

The Colorado Fuel

& Iron Company.

The Committee recommended that the above-mentioned
$6,000,000 additional Common Stock be added to the amount
now on the list, making the total amount listed to date
$23,000,000.

Adopted by Governing Committee June

26, 1901.

APPLICATION TO LIST ADDITIONAL GENERAL MORTGAGE FIVE PER CENT SINKING FUND GOLD BONDS.
sues aforesaid, the said Trustee shall, on receiving the same, deliver
New York, June 10, 1901.
Company (or
or persons
Referring to applications for listing $2,303,000 par value of
the General Mortgage Five per Cent Sinking Fund Gold
Bonds of the Colorado Fuel & Iron Company, dated January
29, 1896, and April 25, 1899, application is hereby made for
the listing of an additional 2,971 of said bonds, numbers
2,304 to 5,274 inclusive, for $1,000 each.
These bonds are part of an issue of $6,000,000 par value

General Mortgage Five per Cent Sinking Fund Gold Bonds
& Iron Company, dated February 1,
1893, payable February 1, 1943, interest payable February 1

of the Colorado Fuel

and August

1,

at the oflSce

or

agency of the Company

in

New

Yerk.
The bonds can be registered as to principal and interest at
the option of the holder. The Chase National Bank of the
City of New York is the Registrar and Transfer Agent of
the bonds, and Agent for the payment of bond interest.
The bonds are secured by a Mortgage to the Central Trust

the City of

Company

of

New York

as Trustee.

These bonds have been, or will be, issued under the terms
of the Mortgage providing for such issue, by the Central
Trust Company, Trustee, as and when an equal amount of
the outstanding bonds of the Colorado F uel (^ompany is paid
off and canceled, and as and when moneys have been paid
to or collected by the Trustee of the Mortgage securing The
Colorado Coal & Iron Company's bonds, and as and when The
Colorado Coal & Iron Company's bonds have been deposited
with the Trtistee, and as when the par value of The Colorado Fuel & Iron Company bonds have been deposited with
the Trustee,
The following from the Mortgage

is

with above statement
Article Second. I, Whenever

Company

hand over

the said

to the said Trustee Prior

Bonds

inserted in connection

of

shall deliver and
any or either of the is-

to said

to such person

as

may

be designated

by resolution of the Board of Directors of the Company) General
Mortgage Bonds in its hands, duly authenticated by its Certificate, to
an amount equal to the amount of principal of such Prior Bonds delivered to it by or for the Company, or the said Trustee may from time
time countersign, issue and deliter to said Oompany such of said
Qenerat Mortgage Bonds as mxty be in its hands at the time, eilner all
at one time, or from time to time, in such amounts as may be required
by the Oompany, on receiving the par value thereof in gold coin of or
equal to the standard in such Prior Bonds mentioned, the sums so received by said Trustee to be returned to said Company on the presentation by it to said Trustee of Prior Bonds, dollar for dollar, if the
same be so presented before or at the maturity of said Prior Bonds;
provided, that the Trustee may loan out such moneys with the consent of the Company, on call, at such rate of interest as It may deem
advantageous, on such security as it may deem suflioient, or on Prior
bonds aforesaid, or on bonds secured hereby and Issued hereunder, at
market value not above par.
There has been paid to or collected by the Trustee of the
Colorado Coal & Iron Oompany Mortgage
$91,293 73
There has been deposited with the Central Trust Company, Trustee, the Colorado Coal & Iron Company's
to

bonds for
133,00000
There has been denositea with the Central Trust Company, Trustee, moneys for the purpose of taking up the
147,000 00
Colorado Fuel & Iron Company bonds
$371,iJ93 73

Total....

Against which $371,000 par value

of'

bonds have been

issued.
It is the purpose of the Company to take up from time to
time the remaining $2,600,000 par value of the bonds herein
referred to with moneys or The Colorado Coal & Iron Company's bonds to be deposited with the Central Trust Company, Trustee, under the terms of the Mortgage, in anticipation of the maturity of $3,440,000 of the $2,766,000 of bonds
of The Colorado Coal & Iron Company, extended and due
February 1, 1902, and to pay off and cancel $160,000 of the
bonds of The Colorado Fuel Company for the purposes of

i

—
June

THE CHRONICLE.

29, 1901,]

the Sinking
same.

Fund provided

in the

Mortgage securing the
,.

,

.

,

,

The bonds actually issued and outstanding which have
not heretofore been listed by your Committee are Nos. 2,30i
to 2,674, inclusive.

in the near future and
inclusive.
a brief description of the properties

The bonds which will be issued
when listed are Nos, 2,675 to 5,274,

The following is
owned and controlled by The Colorado Fuel
pany

&

Iron

|

I

Comj

:

Real estateGoal lands owned
Coal lands leased

253,326 aorea.
"
22,058

Iron lands owned
Iron lands leased

1,459 acres.
"
1,466

1285

Bessemer converter, capacity
2,000 tons per day
"
2,000 "
1 blooming mill, capacity
"
1 blooming riiill under construction, capacity
2,000 "
10 basic open-hearth steel converters under con"
1,0C0
"
struction, capacity
"
Rail mill, capacity
2,000 "
"
Merchant mills, capacity
200 "
••
"
40 "
Pipe foundry,
Bolt and spike mlllB, caBtlngs foundry, machine shop, roll shop,
electric plant, water works, etc.
Auxiliary plants in course of construction—
Merchant, tin plate and bar mill, capacity
"
Cotton tie hoop and merchant mill,
"
Bod mill, wire and nail plants,
"
Tin-plate mill.
"
Sheet mills,
"
Plate mill,

400 tons per day
150 "
"
"
600 "
"
200 "
•
150 "
"
300 "

275,381 acres

2,925

Total

Town

lots,

„

,o?'i5?
165,035

<

J. C.

446,862
Pueblo, Walsenburg, Crested Butte

"

capacities of the Bessemer Converter and Rail Mills are given
as they will be when improvements now nnder way are completed.
The company leases and operates a rolling mill plant at Laramie,
Wyoming, capacity 100 tons per day.

••

Iron and steel plant, water supply reservoirs, limestone
quarries, etc
Agricultural, grazing and timber lands

1,800

Total

The

•'

and

2,500
"
Soprls
Fuel department —
tons
20,000
24 coal mines In operation, dally capacity
1.282 coke ovens in operation, daily oa2,300 tons
paolty
900 coke ovenstinder construction, dally
1.500 "
capacity..
3,800 tons
2,182
Iron department —
3,000 tons per day
3 Iron mi nes In operation, capacity
2,000 "
"
Limestone quarry, capacity
—
Iron and steel plant, near Pueblo, Ool.
tons
per
450
day
2 blast furnaces In operation, capacity
"
1,200 ••
3 blast furnaces under construction, capacity

OSGOOD,

President.

The Colorado Fuel & Iron Company.
The Committee recommended that $.371,000 of the abovementioned $2,971,000 additional General Mortgage Five per
Cent Sinking Fund Gold Coupon Bonds of 1943, for $1,000
each, Nos. 2,304 to 2,674 inclusive, be added to amount now
on the list, making the total amount listed to date $2,674,000, Nos. 1 to 2,674 inclusive.

The Committee further recommends that

it

be empowered

to add to the list, from time to time, $2,600,000 additional of
said bonds, on oflScial notification that they have been
issued in accordance with the terms of the Trust Deed.
The amount of General Mortgage Bonds, including such
additional issues, shall not exceed in the aggregate $5,274,000.

1,650

<<

Adopted by the Governing Committee, June

it

"St. Clair Steel Co.—iVew Plant.—This company, an

auxiliary concern of the Crucible Steel Co. of America, is reported to be making rapid progress with the construction of
its new open-hearth steel plant at Blair Station on the Pdnnsylvania RR., about 25 miles from Pittsburg. The works at
the start will consist, it is said, of twelve 50-ton open hearth
furnaces, a 40 inch blooming and billet mill, and a number
of finishing mills. The daily product will be about 1,200
It is expected that the plant will be making steel early
tons.
in the fall. The St. Clair Furnace Co. has also been incorporated by the same interests, and has begun the building of
blast furnaces to supply the allied companies with pig iron.
Satisfactory arrangements are reported to have been made
for an ample supply of ore, coke and other raw materials.

V.

72, p. 824, 143.

Shelby Steel Tube Co.—^a^e of Control.— Sse United
States Steel Corporation below.— V. 72, p, 286,
Soathern Cotton Oil Co.— Earnings.— As a result of
competition and a short cotton crop in two succeeding years,
the company's net earnings available for dividends were for
the year ended April 30, 1901, only $30,737, as against |360,000
in 1899-00 and |240,000 in 1898 99. The dividends at the rate of
6 per cent per annum paid in each year called for $120,000
yearly.
Purchase, The holders of more than half of the stock
have accepted an offer of $60 per $50 share for their holdings; and the minority interest, if presented within the next
sixty days, will be purchased at the same rate. The purchasers are the Virginia-Carolina Chemical Company interests, which have incorporated the United Cotton Oil Co.
(which see below) to control this and other properties. V.

—

—

70, p, 1248.

Sterling (Conn.) Dyeing & Finislilng Co.— Bonds Offered.— W. O. Gay & Co. of Boston will receive subscriptions
until noon to-day at 106 and interest for $500,000 of this
company's first mortgage 5 per cent gold b^nds, due July 1,
Principal and interest
1926, coupons January and July.
guaranteed by the United States Finishing Co., which recently secured control.
(John B.) Stetson Co.— Change in Dividend Period.
The directors have declared the regular half-yearly dividend
of 4 per cent upon the preferred stock and also an interim
dividend of 6 per cent upon the common stock. The results
for the first hall of 1901 show an increase over even 1900,
when nearly 30 per cent was earned on the common stock.
The directors therefore feel justified in making a distribution on that stock now, instead of waiting till the end of the
fiscal year, as has been the custom heretofore.— V. 71, p. 1313.

26, 1001,

The company will take over the control or property of the
Southern Cotton Oil Co., a majority of whose |2, 000, 000 capital stock has just been purchased by the Virginia- Carolina
Chemical Co. also of other properties acquired or to be acquired, including:, it is believed, the Atlantic Cotton Oil Co.
and the Inter-State Company. See Southern Cotton Oil Co.
;

above; also Virginia-Carolina Company in V. 72, p. 1191.
United States Finishing Co.—See Sterling Dyeing &
Finishing Co.— V. 72, p. 992.
United States Projectile Co.— Extra Dividend.— Along
with the usual quarterly dividend of 2 per cent has been declared an extra dividend of 2 per cent, payable July 1.
The office is at First Ave. and 53d St., Brooklyn.— V. 72, p.
;

631.

United States Steel Corporation.- ConfroZ of Shelby Steel
Tube Co. A majority of the capital stock of the Shelby Steel
Tube Co., the leading competitor of the National Tube Co.,
already controlled, has been purchased in the interest of the
United States Steel Corporation. The outstanding issue is
$5,000,000 of preferred stock and $8,175,000 of common stock,
and the price paid for the controlling interest, it is understood, was $50 for the preferred and $10 a share for the common, payable in stock. The same terms may be offered to
the minority holders. The Shelby Co,, it is stated, will probably be merged with the National Tabe Co. (See Sielby
Steel Tube items, V. 70. p. 331, 949.)
Bethlehem and Cambria Companies.— See those companies
above.— V. 72, p. 1241, 1191,
Valley Ore Co. of Virginia.- Sa/e of Iron Ore Lands.
Under order of Circuit Court of Alleghany County, Va., and
on application of Alexander F, Mathews, trustee, there will
be sold at auction at Covington, Va., on July 2, about 40,000
acres of iron ore land, owned by the company in fee; also
the mineral rights on 8,712 acres additional. For further
particulars address John H. Holt, Huntington, West Va.
Acquisition.
See
Virginia-Carolina Ckemical Co.
United Cotton Oil Co. above.—V. 72, p. 1191, 1186, 631.
Water Works Co. of San Antonio, Texas.— Called Bonds.
The company has called and will redeem at par and interest at its office on July 1 its issue of 6 per cent bonds dated
Dec. 1, 1885, interest to cease July 1.

—

—

—

—

— —

Syracuse (N. Y.) Lighting Co.— Called Bonds.—The first
mortgage bonds of the Electric Light & Power Company of
Syracuse have been called for redemption and will be paid at
104 on July Ist, 1901, at the office of the Continental Trust
Co., this city. The aforesaid bonds will also be exchanged
for the first mortgage 5 per cent 50 year gold bonds of the
Syracuse Lighting Co., upon terms to be ascertained at office
of Redmond Kerr & Co., this city, or of Richardson & Clark,
Providence, R, I.—V. 72, p. 1140, 1088.
United Cotton Oil Co.— Incorporated.— This company
was incorporated in New Jersey on June 24 with 112,000,000
authorized capital stock. Incorporators: Frank H. Lord, 73
East Thirty-fourth Street, New York; Cecil D. Giles, 43
West Thirty second Street, New York, and Kenneth K.
McLaren, Jersey City. See Southern Cotton Oil Co. above.

—Messrs, Granger Farwell & Co., of Chicago (branch of71 Broadway, this city), have prepared, in response to
numerous inquiries, an interesting circular regarding the
Erie RR. Co. and its earnings and expenses.
fice,

—

Wm,

Messrs,
C. Thompson Company invite the attention
of investors to a list of high-grade municipal and corporation bonds which they advertise in our municipal depart-

ment.

—

The attention of investors is directed to a long list of
county, school and city bonds advertised in our municipal
Niver Co., Chicago and Boston.
department by Trowbridge
Trust Co. will pay dividends on a num—Farmers' Loan
ber of securities, a list of which will be found in another

&

&

column.
Winslow,

—

L^nierJcS: Co. will

of securities, a list of

which

pay dividends on a number
found in another col-

will be

umn.

— N.

W.

Harris

oc

securities, a list of

Co. will pay dividends on a number of
will be found in another column.

which

.

.

THE CHKONICLE.

1286

[Vol. LXXII.

COTTON.
Friday Night, June

COMMERCIAL EPITOME.
Feiday Night, June
The disturbances

28, 1901.

in financial circles resulting

failares of the Seventh National

from the

Bank and a well-known

banking house have received considerable attention in commercial circles, but have had no apparent influence upon the
generally healthy condition of business.

The movement

of

merchandise into consumption has been fairly free in the
way of deliveries on outstanding contracts. New bnsines?,
however, has been limited, although, considering the season
of the year, the usual report has been of a satisfactory condition of trade. Crop news has been highly encouraging;
and latest advices from the Southwest reported the threat,
ened drought partially broken by the fall of local showers.
Beginning Monday, July 2d, relief will be had from many of
the war taxes which have been a source of some annoyance to business houses for the past two years.
Lard on the spot has had only a moderate sale, demand
being limited from both exporters and refiners; prices have
been well maintained, as there has been no pressure to sell,
closing at 8*90c. for prime Western and 8'45@8'55c. for prime
Refined lard has sold slowly, but prices have held
city.
steady, closing at 9c. for refined for the Continent. Speculation in lard for future delivery has been quiet, and prices for
the week show no important changes. The close was steady.
Pork has had only a small sale locally, but prices have
held steady at $15 75@16 50 for mess, $16@16 50 for family
and $16@17 50 for short clear. Cut meats have advanced for
pickled bellies. Other cuts steady at 7(371-^0. for pickled
shoulders, 9^@10J^c. for pickled hams and 93^@10J^c. for
pickled bellies, 14@10 lbs. average. Beef has had only a limited sale, but prices have held steady at $9@9 50 for mess,
§10(310 50 for packet, $11@12 for family and §15 50@16 50 for
extra India mess.
Tallow has been quiet but steady slIAJqC. Stearines have
been quiet, closing at 10c. for lard stearine and 9;^Xc. for oleo
stearine. Cotton-seed oil has been quiet and unchanged at
88@39c, for prime yellow. Butter has continued to meet
with a fair demand, and prices for creamery have held steady
at 15@ 191^0. Cheese has been freely offered and the close
was easy at 7@95^c. for State factory, full cream. Fresh eggs
have been firmer^for the best grades, closing at 143^c. for

choice Western.
DAII.T OLOSntG PBIQES
8at.

OF LABD FTTrUBBS.

Mon,

Tues.
8-95

Wed.

Thurt.
8-90

Fri.

8-90
9-00
8-90
8-95
June.
Brazil grades had a fair distributing sale, but as offerings
have been free and there has been no spirited baying, prices
have continued to sag under the weight of large supplies,
present and prespective. The close was steady at 6c. for Rio
No. 7. West India growths have been less active and slightly
easier, with good Cucuta quoted at 7^^@8c.
East India
growths have been quiet. There has been a moderate amount
of activity to the trading in contracts. Early in the week
prices advanced, but the improvement was not maintained.
The close was steadier. The following are the closing asked

prices:

this evening the total receipts have reached 68,485
bales,
against 50,060 bales last week and 61,907 bales the previous
week, making the total receipts since the 1st of Sept., 1900,
7,333,012 bales, against 6,407,656 bales for the same period of
1899-00, showing an increase since Sep.l, 1900, of 925,356 bales
Btceiptt at—

6-150.
5'20o.
6*30e.

Aug

1

Oot

Nov

5*350.
5'40c.
5'55o.

Jan
March

5*60e.
5'70o.
5*800.

May
Deo
Raw sugars have been in slightly better demand, and
prices have held steady at 4 9-38c. for centrifugals, 96 deg,
test, and 3 9-16c. for muscovado, 89-deg. test.
Refined sugar
has been more active at lower prices. The close was steady
at 545@5'50c. for granulated. Other staple groceries have
been quiet.
Kentucky tobacco has been quiet, but prices have been unSept

I

Hat.

Wtd.

Tuea.

M.on,

Galveston

1,952

2,646

8,400

794

Bab. Pass, &o.
New Orleans...

7,119

4,001
8

2.447

7,661

MobUe

8

Pensaoola,

Ihurt.

Fri.

lotal.

2,835

2,094

18,721

636

2,173

24,037

1,881
1,036
3,986

1,881
6.897
3.986

146

8

170

<Sco.

Savannah

901

1,032

1,294

1,755

879

256

3

125

20

20

61
19

24

35

9

""l9

52

68

485
19
207

1,089

785

775

1,016

1,779

1,362

6,806

33
347

325
300
178

326
819

Bransw'k.Ao.
OharleBton.....
Pt. Royal,&c.

WUmlngton....
Wash'ton,&o.
Nortolk
N'p't

News, *c.

New York
Boston
Baltimore
Phlladel'a,

170
267

9
114

Ac.

30

100

164

143
579

48

2,387

1,485
2,387

20

260

62

week 11,672 8,977 13,408 12,0491 6,589 15.890 68,486
The following shows the week's total receipts, the total since

Tot. this

Sept, 1,1900,

and the stook to-night, oompared with lastyeai.
1900-1901.

Receipts <•
June 28.

Galveston..,

1899-1900.

Since Sep.
1, 1900.

week.

Thia

Stock.

Since Sep
1, 1899.

xaeek.

18,721 2,077,107

635 1,698,337

Sab.P.,&o
50,232
i?ew Orleans 24,037 2,383,205
MobUe....
170 109,403
P'saoola, Ao.
1,881 171,895
Savannah...
6,897 1.053,723
Br'wlok,&c.
3,986 129,624
OharleBton..
485 329,687
P.Royal.&o.
19
1,705
Wilmington.
207 257,404
522
Wash'n, &o.
Nortolk
6,806 407,854
325
34,036
N'port N.,&o
819 139,392
New York..
194,099
Boston
1.485
67,494
Baltimore .
3,387
25,1S30
260
Phlladel.dto.

85,745
1,815,580
191,593
152,095
1,058.884
119,891
256.946
1,235
277,480

Totals

68,485 7,333,012

5,501
7
1,452

689
23

205
263

799
386,274

1901.

1900.

90,927

8,367

106,178
6,729

66,443
5,214

32,314

15,179

240
4,173

4,033

5,775

2,281

17,388

5,459

31,471
75,459
109,466
98,248
48,153

298
158.201
10,000
4,996
3,472

52,475
3,500
4,729
4,484

10.887 6,407.656

440,691

172,320

1,425

486
199

156

In order that oomparlson may be made with other years,
totals at leading ports for six seasons.

we give below the
Receipta

at—

1901.

Galves'n,<bo

Mobile..

635

622
6,721

7
1,453

604
207
6,806

170

..

Bavannab

6,897

Wilm'ton, &o
Nortolk

1899.

1900.

5,501

18,721
24,037

New Orleans
Ohas'ton, Ac.

July

28, 1901.

The Movement of the Ceop, as indicated by our telegrams
from the South to-night. Is given below. For the week ending

1898.

1897.

1896.

391

2,430
7,640

1,145

2,419

176
572

36
139

23

264

1,132

9

2

5
2,004

48

8

1,058

150

520

211

64

N. News, &o.
^11 others...

325

205
263

10,818

2,799

4,902

6,127

1,974

wk.

68,486

10,887

17,521

19,394

3,852

Tot. this

5,224

81noe Sept. 1 7333,012 6407,666 8313,586 8562,157 6661,435 8190,208

The exports for the week ending this evening reach a total
of 44,311 bales, of which 14,463 were to Great Britain, 258
to France and 29,590 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1900.

changed and fairly steady. The demand for seed leaf tobacco has been limited, but values have been fairly well
maintained. Sales for the week have been 1,496 cases, as
Wtck Sndint June 28. 1901. Srom Bttt. 1, 1900, to June 28, 1001.
Bxvortt to—
follows
Bxvorted to—
30O cases 1899 crop, Zimmers, 16c. 421 cases 1900
BiDPOTt$
crop, Connecticut, private terms; 400 cases 1899 crop, Penn&r$at
Oor»t<6r«at
lotal
*rom—
OonUTrance
lotal.
Wrtinct
sylvania br. leaf, 13c., and 875 cases 1899 crop, Wisconsin,
n«nt.
Br«'n.
n«nt. Wttk. Britain
13c.; also 250 bales Havana at 60c.@|l 85 in bond and 200
622.453 1,666,101
828,408 314.245
aal7eiton
bales Sumatra at 80c.@$l 90 in bond.
31.354
6,195
36.649
Sab. Past, Ac..
The market for Straits tin has been quiet, and there has NewOrleani.. 8,464
747,756 1,934.683
870,040 316,881
16.189 23,643
been a slight weakening in prices, closing easy at 28'10@ Mobile
19,690
38.578
58.263
63.530 140,3U
28*40c. European cable advices have reported a decidedly Penaaoola
64,059 22,726
1,814
1,844
••••
737,411
174,118 23,899 639.394
weaker market for copper, but the local market has been un- Sarannah
28.533
94,744
4,114
66,211
4,114
changed and steady at 17c. for Lake. Lead has been steady Brnniwlok ...
70,163
140,629
70,377
at unchanged prices at 4*373^c. Spelter has held steady at Charleiton....
600
600
••••
3"923^@3*97J^c. Pig iron has been quiet and unchanged at Port Royal...
146,066 223,435
77.379
Wilmington...
$13@15 50.
20,589
6,695
1.508
13,994
1.502
Refined petroleum has been unchanged, closing steady at Norfolk
4.460
25.466
21,005
N'port N.. Ac.
6"90c. in bbls., 7*90c. in cases and 4*35c. in bulk.
Naphtha
249.532 642,946
264,401 89,013
268
6,616
2.792
S.465
York
New
has been unchanged at 9 •05c.
Credit balances have held
822,716
3,667
289 819,048
£89
Bolton
steady at $1 05. Spirits turpentine has weakened slightly, Baltimore
129,286
49,882
79.404
1.576
160
1,426
but the close was steady at 37@373^c. Rosins have been Ptalladelpbia..
6,001
1,102
3,899
71,193
quiet and unchanged at $1 A2%@%\ 45'for common and good San Fran.. Ac.
67.953
3.240
4,828
4.828
strained. The demand for hops has been quiet, but prices
258 29.590 44,311 2.884,361 707.363 2,512,069 6.143.783
14,488
Total
have been unchanged and steady. Wool has had a moderate
:

il

;

•

sale at^steady prices.

Total, 1899.00. 15,971

22,171

38,142 2.181.404 680.753 8.803.025 6.671.182

..

June

«

.

..

'

THE CHRONICLE.

39, 1901.]

In addition to above exports, our telegrams to-night aleo
give uo the following amounts of cotton on shipboard, not
add similar figures for
cleared, at the ports named.
special use by Messrs.
prepared
for
our
are
whloh
York,
Wew
Lambert & Barrows. Produce Exchange Building.

1287

FxjTUBKS.— Highest, lowest and closing prices at New York,

We

I

_.

OS SHIPBOARD, WOT OLBASBD FOB—
Lea'ring

June 28 at—

New

Other

Otr-

Qrtat

Ooattr
wise.

BHtain Fr'ntt many. For'gn

Orleans.

Galveston
Bavannah....

1,620
20,147

19,583
4.870 11,870

4,685

Total.

300

300

York....
Other ports

2"406

500

Total 1901..

27,017

4,870 84,353

Total 1900..
Total 1899.

1,770 2.449
10.413 13,239

Kew

78,607
46,211
31,314
3,873
6,729

•••

16*606
4,050
2,0f0

7,388
154,151
22,781

5,085 18,312

89,637

351,054

3,199
21.089

23,723
76,096

148,597
449,304

7,506

2,566
1,250
1,500

"ioo

16,305
31.355

Speculation in cotton for future delivery has been fairly
Early in the week the market showed a rather firm
active.
undertone. Fear of manipulation in the near-by deliveries
and apprehension of damage to the growing crop in the
southwest section of the cotton belt were the principal bull
No actual damage appeared to be reported to the
factors.
growing crop in this section ol the cotton belt; nevertheless
there was considerable uneafcinees shown over the posof
damage should there be a continusibilities
Buying by shorts to
ance of the dry weather.
cover contracts, together with some outside speculative
buying for investment account advanced prices rather
sharply. During the second half of the week there was a
decidedly easier turn to values. Advices received from
Texas and other Southwestern States reported showers, with
the prospects considered favorable for further rains; this
removed the apprehension of damage to the crop in this
section, which had been the principal sustaining factor of
the market, and under general selling of the new-crop delivNotices have been issued with some
eries prices declined.
freedom for the delivery of cotton on July contracts, but
they have been well absorbed. The disturbances in financial
circles also had some influence against the market.
To-day
there was a lower market early under further rain reports
from Texas and weaker foreign advices. Subsequently, however, prices for July delivery were bid up, and the rest of
the market followed. The close was barely steady at a net
Cotton on the spot
loss in prices for the day of 3@7 points.
has been unsettled, closing c[uiet at 8 13-16c. for middling
uplands.
The rates on and oflf middling, as established Nov. 31, 1900,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
0. lie on Htrlot Good Mid. Tlnged.o. 3,gon
Fair
IClddllng Fair
Even
H on Good Middling Tinged
i« oti
Strict Good Middling
^ on Middling Tinged
SoodMlddling
^leon Strict Low Middling Tinged »8 ofl
i« ofl
s^eofl MlddUng Stained
Strict Low Middling
Low Middling
'leoff StriotLow Mid. Stained... li«ofl
Strict Good Ordinary
liflofl
h off Low Middling Stained
Good Ordinary
liieoS
On this basis the official prices for a few of the grades for
the past week— June 23 to June 38—would be as follows.

UPLANDS.

Sat.

Rlon Tae»

7\

Good Ordinary....

Low Middling......
Middling
Good Middling
Bflddllng Fair

,

GULF.

8«8

838
8i^ie

938

99,

Sat.

ITIon

Gtood Ordinary.

8i5ie
914

99,.

8ii«
Siiie
9»«
S'la
9'8

81ifl

8

81Iie
9i«

888

97i6
9'8

938

93ia

Sifl

9^

939

838
813i6
9>8

Frl.

9I16

9B8

8 '8

7%

9^8

Middling
Middling..

7i3ie
87l8

FrI

Tfa.

8%

Middling Fair..

713,6
87,8
S's

Tit.

Tuea ^Ved

8
838

Good

Wed

9"l8 9B8

Low Middling...

9181.

l»j; w?»: "l^s: ho«ii w»»:
f<«; g»»;

.fl
II
fl

.III
••i.i|.
iiiii
iiiiiii
ii
•'•
11
••
..flO

27,571
44,716
1,000

MobUe
Norfolk

«..
«

Btoek.

1,683
7,829
1,000

Charleston...

_.
.1
II
•I

9i3,a

d

ceo

I

9

9

I

I

9

I

1^

I

^

WlU

9

'I

-3^

ao
-CD

d

I

9

en
CO

'

6:6>
ocoo

9

I

•aci

ow

WW
WW
(CM CO

aw
Qoa
I

d

I

d

d

I

<1»1
0S«1
cots

»1<J

aa
«]
CO 00

I

d

-a -J

»3<I

a»J

coa

*?"?

"?*?

lU

COlb.

f^a

i^eo
cooo
I

I

9

•3 •a

9

00

d

19
coci)

ceo

Wl^

d

I

.q»3

19

o-J

CD CO

0000

uo «o

0003

OM

So

0000
V'OJ

ODOO

kOS

«jci

<ia

9

;

»)-4

0000

si 00

«o
O>o

^

.

19

WW
Xw
00 CO

d

I

<1-_TI

tcco

OCQ
Kia
I

d

00 CD

MM

toa
I

b»cc

d

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buppLY op Cotton to-night, as made up Dy
'

'

'

The "Visible
cable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening.
But to make the total the complete figures for to-night
(June 28), we add the item of exports from the United States,
Including in it the exports of Friday only.
1901.

stock at Liverpool
bales. 682,000
Stock at London
10,000
Total Great Britain Stock. 692,000
atook at Hamburg.............
23,000
Stock at Bremen
143,000
stock at Amsterdam.... ......
Stock at Rotterdam
200
Stock at Antwerp
5,000
Stock at Havre
152,000
Stock at Marseilles
4,000
Stock at Barcelona
68,000
Stock at Genoa
32,000
Stock at Trieste
16,000
Total Continental BtOOkB.. 443.200

1899.
1898.
1900.
453,000 1,264,000 1.107,000
4,000
9,000
3,000
462,000 1,268,000 1,110,000
30,000
13,000
21,000
281,000 281,000
236,000
1.000
2,000
2,000

300

200

300

4,000
7.000
3,000
205,000
164,000 288,000
3,000
8.000
4,000
79,000
86,000
94,000
29,000
67,000
44,000
10,000
27,000
6,000
564,300
699,200
630.300
Tetal European stocks
l,iaft,200 1,026,300 1,967,200 1,740,300
India cotton afloat for Europe
99.000
32,000
93,000
75,000
Amer.cottonafloatforE'rope. 145,000
93,000 163.000
111,000
E*ryj>t,Brazll,&c.,aflt.forE'pe
19,000
17.000
14,000
25,000
StooE In Alexandria, Egypt... 134,000
122,000
96,000 110,000
Stock In Bombay, India
303,000
615.000
578,000
625,000
Stock In United States ports.. 410,691 172,320 525,400 310,476
286,719
Stock In U. S. Interior towns.
116,879
168,558
276,197
10.554
14,273
United States exports to-day.
10.820
6,166
Total visible Bupply
2,866,908 i;869,053 3,797,592 3,133,600
Of the above, totals of American and other descriptions are as followa:
Anier\ean
Liverpool stock
342,000 1,192,000 1,013.000
..bales. 560,000
Continental stocks
364.000 530,000 625,000 582,000
168,000
111,000
American afloat for Europe.
93,000
145,000
United States stock
440,691 172.320 525.400 310,476
United States Interior stocks. 276,197 116,879 286,719 158,558
14,273
6,166
10,554
United States exports to-day..
10,820
Total American
1,788,708 1,261,753 2,806,392 2,1S6,200
Matt iTidian. Bratil, <*c.—
111,000
72.000
89.000
Uverpoolstock
132,000
4,000
3,000
9,000
Londonstock
10.000
Continental stocks
34,300
74,200
48,300
79,200
32,000
99,000
93,000
India afloat for Europe
75,000
14,000
19,000
17,000
25,000
KsTpt, Brasil, Ac. afloat
Btock in Alexandria, Egypt... 134,000
96,000 110,000 122,000
Stock In Bombay, India
625.000 303,000 615.000 573,000
Total East India, Ac
1,080,200 604,300 991,200 947,300
Total American
1,786,708 1.264,753 2. 806^392 2.186.200
Total visible supply
2,866,903 1,869,053 3,797.59- 3,133.500
Siij.d.
Middling Upland, Liverpool..
5%d.
4iiied.
35, ed.
6>40.
Middling Upland, New York..
SlSigO.
lOo.
eiuf.
Egypt Cfood Brown, Liverpool
6\d.
6»i«,d.
4»ad.
6-»8d.
7i4d.
678d.
678d.
Peruv. Rongh Good, Liverpool
7d.
89i8<L
31«d.
Broach Fine, Liverpool
4Bi8d
5>4d
.

STAINED.

Sat.

Low Middling
Middling
Strict Low Middling Tinged.

7ie
8ie

Good Middling Tinged

8(>8

nion Taea
7Bia
8B,8
87,6
813,8

8I4

Wed

Tb. Frl

77ia

738
838

788
838

sriB

8^

8ifl

81'>u

878

76l8

^>
87,8
813,8

.

The quotations for middling upland at New York on
Jime 28 for each of the past 82 years have been as follows,
1901....C. 813j8

1900
1899
1898
1897
1896
1896
1894

10
6iie

638

7\
71a

7
7^4

1893. ..^0. 7iBie
1898
738
1891
83e
1890
,12
1889
11
1888
103,8
1015 la
1887
938
1886.

1885 ....0.107,8
1884
lOiBie
1036
1883
1882
.12Hj
1881
11
llTg
1880
1879
127,8
1878
117i8

MABKBT AND
Sfot Mabkbt
CLOBBD.

Mabket
Closed.

Batorday
Qniet at ije adv. Very steady.
Monday.... Dull at 3,8 adv.. Steady
Taesday . Dull at i« adv... Steady
.

.

Wednesday Dull

1876
1876
1874
1873
1872
1871
1870

SALES OF Spot

12

15%
1778

21
26I4
20*8

21

a Oontbaoi.

Ex-

Oon-

Oon-

port.

$wnp.

tract.

1,373
1,300

275
245

i,io6

1,345

620

2,300

4.293

ibo
•

dec

1.373

Total.

1.266

1,373

at 1,8
Easy
ThursJay.. Quiet.:
Steady
Friday
Qolet at lie dec. B'rly steady.

Total

1877....C.12

SALES.

FOTtJBEB

—

a*

B

275

3i4d.
Sisd.
478d.
nnnevelly Good, Liverpool...
45,8d.
Continental imports past week have been 55,000 bales.
The above figures Indicate an increase in 1901 of 997,855
bales as compared with same date of 1900, a loss of 930,684
bales from 1899 and a decline of 206,592 bales from 1898.

.

'

THE CHRONICLE,

1288

At the Interior Towns the movement—that is the receipts
week and since September 1, the shipments
week and the stocks to-night, and the same items
(or the

for the
for the

Quotations for Middunq Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.

oorrespondlng period of 1899-1900 —is set out in detail below.
Week ending
June 88.
>V

a>

-

CO

-

•

*

83i6

MobUe

§','«

Charleston..

7''8

7%

(B

-2

Wilmington.
Norfolk
Boston
Baltimore .

fi'

ESS

Philadelphia

878

qS

QlB

9
H
PC*

a;

:
t

Ola>',

m;

:

00.

09'

to
l(^

OS CO "J CO

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oi 1^ <k to
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o

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Ma

05

1^

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eo'wiVVs'coo^ia'co'cc'ccT^oojMlicKM'coKJO'VoaiM'i^^
oooDCO)^aococooo^ooc^-'cooD*'lp.^;'(Xlt>•al*'^lO;cl-'<lco«J^3al
cotoo<i-'coi('Ooo<cov<iF^H'^cooi->ooN)05a'aiccoaot3acoMCo<x>

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-

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W
••

The above totals show that the interior stocks have deereased during the week 81,725 bales, and are to-night 159,818
bales more than at same period last year. The receipts at all
towns have been 29,086 bales more than same week last year.

Overland Movement for the Week and Since Sept. 1.—
movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
June 28 and since Sept. 1 in the last two years are as follows.

We give below a statement showing the overland

1900-1901.

June

28.

Week.

1899-1900.

Since
Sept.

1.

Since

Wuk.

Sept.

1.

MMpped—
VlaBt. LoalB...

VlaOalro
Via Padaoah
Via Rook Ipland

.........,>...

Via Lonlsvllie.....
Via Olnolnnatl
Via other roates, &e..^

~
~

Total ^oss overland
Deduct thipmenti—
Overland to N. Y., Boston,

15,036
2,632

858,276
231,484

""94

5,101

68,302
132,573
109,687
273,211

875
1,449
4,813

24.899 1.668,634

Ac.

828,219
223,884
11,686
12,810
206,315
134,223
312,802

3,088

223
128
196
898

4,033 1,729,939

4,951
18
1,995

426,615
98,470
77,750

2,110

Between interior towns
Inland, Ac, from South

568

331,326
74,519
94,251

Total to be dednoted

6,964

602,835

2,678

500,096

Leaving total net overland*. 17.935 1,065,799
1.3551,229,848
movement by rail to Canada.
The foregoing shows the week's net overland movement
this year has been 17,935 bales, against 1,855 bales for the
week in 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 164,044 bales.
Inclndlng

1900-1901.

1899-1900.

In Sight and Spinner $'
Taktngi.

Week.

Since
Sept.

1.

Wuk.

Since
Sept.

1.

68,485 7,333,012 10.887 6,407,656
Receipts at ports to Jane 28
1,356 1,229,843
Met overland to June 28.
...... 17,935 1.065,799
Boathem consumption to Jane 28 29,000 1,230,000 32,000 1,301,000
Total marketed

115,420 9.628,811 44.242 8,938,499
'31,725 281,570 * 11,015 tl26,301

Interior stocks In excess.

Came Into sight daring week. 83,695
33,227
9,866',38i
Total in sight Jane 28.........
8,812ii95
CTorth'n spinners tak'gs to J'ne 28

21,150 1,884,828
Decrease daring week.
Movement into sight in previous years.

1,809 2,168,436

*

1899
1898
1897
1896

hales.

—

7\

7\

7\

87,6

87,8

l'4"

811 iS

9ie
889

IS"

778
814

8
8I4

8
838

81I16
9i«
889
8>4

888

8H

8J4

8Si«
|7i8

8H
|7i8

87i9

8718

87ia

8%

at other Important

OolambaB,MlBS
Bofaola
LlUle Rock.
Montgomery...

81ir
8»i6

8

77$
8

Nashville

8i«

Natches

7%

8

Raleigh
Shreveport....

8>«
8

8 lis

to

us by

telegraph from the South this evening denote that while
rain has fallen in a number of localities during the week, including some sections of the Southwest, the precipitation has
been light as a rule. Dry weather is reported from portions
of the Gulf States, Arkansas, Texas and Tennessee. From
Mississippi there are complaints that rain is badly needed,
and much injury to cotton from drought is claimed in
Arkansas. Oar correspondents in Alabama report some improvement in the crop, but state that moisture is needed.
South Carolina advices are to the effect that more cotton
fields will have to be abandoned.
Oalveston, Texas.— There has been no rain during the week.
The thermometer has averaged 84, ranging from 80 to 88.
Abilene, Texas. There has been no rain the past week.
The thermometer has ranged from 72 to 96, averaging 84.
Henrietta, Texas,
have had no rain the past week.
Average theimometer 87, highest 101 and lowest 72.
Brenham, lexas.— There has been rain on three days of the
week, but to the extent of only thirty hundredths of an inch.
The thermometer has averaged 87, the highest being 97 and
the lowest 73.
Corpus Christi, Texas.— There has been rain on three days
of the week, the precipitation being but thirty-eight hundredths of an inch. The thermometer has averaged 83, rang<
ing from 76 to 90.
Dallas, Texas. We have had rain on one day of the week,
to the extent of fifteen hundredths of an inch. The thermometer has ranged from 69 to 99, averaging 84.
Huntsvile, Texas.— There has been rain on one day during
the week, tiie precipitation reaching thirty-three hundredths
of an inch.
Average thermometer 83, highest 97 and
lowest 69.
Lampasas, Texas. Showers on two days of the week have
afforded a precipitation of five hundredths of an inch. The
thermometer has averaged 85, highest 93 and lowest 71.
Longview, Texas. It has been showery on one day of the
week, to the extent of ten hundredths of an inch. The thermometer has averaged 88, ranging from 71 to 102.
Palestine, Texas. There has been rain on one day during
the week, the precipitation being fifty hundredths of an inch.
The thermometer has ranged from 70 to 92, averaging 81.
Paris, Texas. There has been no rain during the week.
Average thermometer 82, highest 102 and lowest 71.
San Antonio, Texas.
have had rain on one day during
the week, the precipitation being forty-two hundredths of
an inch. The thermometer has averaged 83, the highest
b eing 98 and lowest 68.
New Orleans, Louisiana. We have had rain on two days
during the week, the precipitation reaching twenty-three
hundredths of an inch. The thermometer has averaged 84.
Shreveport Louisiana.
have had only a trace of rain
on one day the past week. Average thermometer 85, highest
99 and lowest 71.
Columbus, Mississippi. We are needing moisture badly.
There has been no rain here since the 7th of June. The
thermometer has averaged 85, highest 99 and lowest 72,
Vickaburg, Mississippi. There has been rain on three days
of the week, to the extent of ninety-eight hundredths of an
inch. The thermometer has averaged 84, ranging from 67

—

wis

mo«- MOM«ai^

C0C0O3O'

tsoaa: Vo-; TfcooVoooiVtooieocotoaDVcoo'li^'b'OSi^lki-i
m; cocto-.; coo! ai'it/s^j^vts-joeifDt^txiCDWOi'-'K'oicot^
CC' C0O>J- OCi».. i»CO-3K)l&.)f-COCro>-'CO<3aCOKlODtJMO<06<^

*

7\

— We

CO

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to

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Qc

C;i|fk|^nDMeOt-'Mi-'MC005«30S600i*»^aMi»k[^Cn05005tOlCWO>05l-'

;

8ie
8I4

Weather Reports by Teleoraph.— Advices

Vrt-^VQiJl

HI

:

)->

kO

its'
8)«

8ie

OolomboB.Oa.

c^ioococo

<lM0:05C0O05CW. «aMK)O<l^C0l-'^^»t0 05Oa'C0<xcc-3Kl^5•^JO0D

•

8»e

%\^

iLthens
A.tlanta...
Cfharlotte

«4

I-

C""!""

If'

8I9
8I4

Southern markets were as follows.

•i

M 05"*- o 05"^ xaoi osooVooOMOo'to'bs'bi'o*'
M ts'-o o
•<i0305tocooMco; cno^.jtoo^i^Gc^ocowo'OaDeci-'Oi^o

Is

8ie

The closing quotations to-day (Friday)

I

»'co-JOo<jloloO'V«05'>'<iVa)»V<)%''aoo'«oaD'toaDe^"ce^'<el-'
to<keoDtscD>j)-'a<:^eoc;<ao>4K)Oooocoaiooco>j>4Cccoaa30DO«oea
^4<Oi^*1co-40ococ^oaci*^K|{^0'^^c^<4i->i(^coto#^aoooo3«»i(^co

la'w M v;
oco! c»3o;

.

Lonlsvllle...

«i^tOMOi«e^

tor'taM

CO

fe

Olnolnnatl

otocoou

o>

»!•.]<

^ OS KlOi bS C *'(yO><10 0MOOO»»*»H'
X_p CO to <l W CO OOOCOXMrfki^.gtCta CO to C» CO OO 1^
<-•

Lools....

Fri.

8H

Hoaston.

r;

:

H"

^< 0[^waoa»'>4aDC><^'OCOCDeo

t-'Mi-

M OJ 1^

?
O M

.»«

W

:

:

.-:

Thun.

1%^

8

Memphis....
St.

.«:

Wednet.

r4«

Aagasta

:
:

!>:

luet.

8I4

Qalveston...

Savannah...

HODO «E

Mon.

Satur.

7^8
778

Si'

o

'
•

OLOSmO QOOTATIONS FOB MIDDUHQ OOTTOM OK—

New Orleans

OS
®2

LZXU.

IVOL.

Week.
33,052
87,378
16,673
17,949

Si'i e

1898-99
1897-98
1896-97
1895-96

Swt.

1.

bales. l'.,898,378

10,830.396
8,299.409
6,900,606

—

—

—

—

—

—We

—

—We
—

—

to 98.
Little Rock, Arkansas.

weeks.

Corn

much

injured.

is

—We

have had no rain for three

badly damaged and cotton has been very
Average thermometer 84, highest 98 and

lowest 71.
Helena, Arkansas.—
have had one sprinkle of rain
during the week, the precipitation reaching three hundredths of an inch. Cotton is growing fairly well. The
Corn is
first bloom was received on the 25th, four days late.
suffering for rain. The thermometer has averaged 84*4, the
highest being 97 and the lowest 71.
Memphis, Tennessee.—The weather has been extremely hot
and dry all the week. There has been no rain since the 16th.
Crops are generally clean and well cultivated, but corn is
suffering for rain and cotton is beginning to need it. The
thermometer has averaged 86'2, and has ranged from 75 to 98,

We

I

.

.

June

THE CHKONICLE.

29, 1901,1

no rain during the
The thermometer haa ranged

Nashville, Tennessee.— TheiQ has been

improving,
from 72 to 98, averaging 84.

week.

Cotton

is

,

Alabama.— The weather has been hot dunngthe
Cotton is developing well, but more rain would be

Mobile,

week.

There has been rain here on three days, the precipitation being one inch and fourteen hundredths. Average
thermometer 84, highest 97 and lowest 74,
Stlma, ilZa&awia.— Cotton has made a little improvement,
although now needing rain. Some crops are yet grassy.
We hear general complaints as to old com being damaged
There has
for want of rain and by excessively hot weather,
been but a trace of rain on one day of the week. The thermometer has averaged 89, ranging from 78 to 101.
Montgomery, Alabama.— ThexQ has been no rain during
the week. The thermometer has averaged 85, highest 98 and

1289

Alexandria. Egypt,

June

26.

Madison, Florida,— The condition of the plant is someWe have had light rain on one day during
the week, the rainfall being fifty hundredths of an inch. The
thermometer has ranged from 73 to 98, averaging 85.
Savannah, Georgia. We have had rain on three days of
the week, to the extent of five huudreths of an inch. Average thermometer 83, highest 97, lowest 71.
Augvsta, Georgia.— There has been rain on two days of
the week, the rainfall being five hundredths of an inch.
The thermometer has averaged 84, highest 98 and lowest 71.
Charleston, South Carolina.— It has rained on five days of
the week, to the extent of forty-eight hundredths of an inch.
The thermometer has averaged 81, ranging from 72 to 96.
Stateburg, South Carolina.— More col ton fields will have to
be abandoned on account of poor condition. There has been
rain on four days of the week, on three of which heavy
thunderetorma, the rainfall being three inches and twentytwo hundredthfi. The thermometer has ranged from 69 to 97,
averaging 81.
Greenwood, South Carolina.— Dry weather has prevailed
Lands that were water-soaked will practically
all the week.
make nothing. Other soil may make an average crop, but
the plant is very irregular and some sections are needing
rain. Grass is plentiful yet. Average thermometer 81, high-

what improved.

14,000
5,387,000

1,000
6,433,000

Tkii
week.

1898-1899.

ii

6,513,000

Since

TM$

Since

TM$

Since

Sept. 1.

voeek.

Sept. 1.

vaeek.

Sept. 1.

BrportB (bales)—

loLlverpool.—
ToContluentt..
Total Europe

A oantar l9

6.000 307.000
10,000 2 9 a, 000

3,000 388,000
3,000 389,000

16, 000

6,0001777 000 10 ,000 666,000

605,000

7,000 318,000
3,000,347,000

,

98 pounds.

Of whloh to America In 1900-1901, 50,003 bales; In 1889-1900,
63,938 bales; in 189S-99, 49,148 bales.
1

Manohesteb Market,— Our report received by

cable

to-night from Manchester states that the market is dull
but steady for yams and firm for shirtings. The demand
for both India and China continues to improve.
We give
the prices for to-day below and leave those tor previous
weeks of this and last year for comparison.

—

.

1899-1900.

Becelpts (oantars*).
This week
Blnoe Sept. 1

beneficial.

lowest 74.

1900-1901.

1901.

SH

1900.
Skirt Oolt'n __

lt$.

32< Oop, ing$, commof' Mid.
Twiit.

d.

d.

©SH
©SH

My.24 7i«
" 31 7ie

J'ne7 7I4
" 14 7B

to finest.

8

" 21 714
" 28 714

n.

d.

5

1

5
«86ip 6
«85i8 6
OSH 5
5

<»8»4

1

d.
41'311

7i3,Ba8''8 5

439

1\ '»%\

9
9

li««7 10»«
2 «8

d.

d.

5
5
5

779
4l^1« 7-'8 «8i3,ea
-»8''8
411,, 8
is

2I9O8

XJpUf

i^ finett.
S.

»8^
a8%

4ai3-, IH,
411*3.,

OS

2

S^i Ibt. SMrt- Oott'n
*^0*, e(ymmo^. Mxd.

UpldM
d.

s.

«7
«7

„

JfS^TwUt.

d.

3
3
3
3
3

8.

f»8

OS
«8
07

d

d.

5

IJs

42383
42933
51,8
53,8
5«8

11

t»7 10»«
4ist»7 10««

Sea Island Cotton Movement. — We have received

this

(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (June 28) and since
Sept. 1, 1900, the stocks to-night, and the same items for the
corresponding periods of 1899-1900, are as follows.
1900-1901.
Rcceiptt to June 28.

1899-1900.

Thit
Since
week. Sept. 1

est 92, lowest 70.

Slock.

Thig
Since
week. Sept. 1. 1901.
I

1900.

Charlotte, North Carolina.—The crop is three weeks late Savannah
39 64,52»72,253 4,667' 4,235
10
8,281
7,743
674
456
and badly in the grass. Rain has fallen during the week to Charle8ton, &o.
13,869
17,101 1.045
the extent of sixty-eight hundredths of an inch. The ther- Florida, &o
mometer has ranged from 65 to 94, averaging 80.
49 85.678
Total.
97,0971 6,386 4,691
The following statement we have also received by telegraph,
The exports for the week ending this evening reach a total
showing the height of the rivers at the points named at
of 563 bales, of which 495 bales were to Great Britain, 58
8 o'clock June 27, 1901, and June 28, 1900,
to France and 10 to Bremen, and the amount forwarded to
June 27. '01. June 28, '00 Northern mills has been 490 bales. Below are the exports
for the week and since Sept. 1 in 1900-1901 and 1899-1900.
Feet.
Feet.

Hew OrlAans....

.....

Memphis
Nashville
Bhreveport.
Vloksbnrg.

.Above sero of gaage.

7-8

9-7

Above zero of gauge.
Above zero of gauge.
Above aero of gac ge.
Above zero of gauge.

140
160

190
209

20*4

8-6
37-6

76

Week Ending J'ne

from^-

for the

MOVEHBNT PEOM ALL POBTS.—The reoeiptB
at Bombay and the shipments from all India ports

to

week ending June

June 27

for

and for the season from Sept.
three years have been as follows:
27,

1899-1900.

1900-1901.
BeceiptM at—

Week.

Bombay.

Since

Sinee

Week.

Sept. 1.

39,000 1,845.000

Sept. 1.

4,000

For the Week.

1

1898-1899.

Week.

Since
Sept. 1.

884,000 24,000 1,959,000
Since September

1.

Mxporte
6r»at
Britain.

Continent.

Total.

Oreat
Britain.

Continent.

.

1899-00..
1898-99..
All otbers1900-01..
1899-00..
1898-99..

**•>>>

1,000

1900-01..

....*.

1,000

1898-99..

17,166

2,20c 19,356

490 33,996

452

452

7i379

2*940 l6",31B

1,736
14.116

"256

"2*50

56S 25,237

5,14C 30,377

490 49,848

138,388

7,773 46,161

400|46,696

Savannah.
Charl't'n,<fec

Florida, &o.

New

495

York..
Boston
Balt.,&c

496

Total

663

68

68

Since
Week. Sept.l.

Total '99-00

Government Weekly Cotton Report.— Mr. James

Berry,

and Crop Division of the U. S.
Weather Bureau, made public on Tuesday the following
telegraphic reports on the crops in the Southern States for
the week ending June 24
Chief of the Climate

NoBTii Carolina. —Frequent showers interfered with onltlvation
and harvesting; low temperatures prevented rapid growth; ootton
making little growth and getting lousy; grass troublesome, prospects

66,000
4.000
16,000

629,000
88.000
510,000

695,000
92,000
625,000

i,6o6

i.ooo

3.000
2,000
2,000

34,000
22.000
26,000

37,000
24,000
28,000

small and yeUow.

8,000
3,000
2,000

14,000
9,000
17,000

22,000
12,000
19,000

generally without forms.
Florida.— Low lands continue too wet in southern and portion of
central dletriott farm work, however, made fair progress; persistent
dry weather
western district unfavorable; ootton below average,
graspy and two weeks late.
Alabama— Hot and dry, except beneficial showers in extreme eastern
portion; general rain needed; cotton small, but clean and improving
bteadily, squares general, some ready to bloom.
Mississippi.- Dry, hot week, very favorable for cultivation; ootton
well worked, maklne fair growth, blooming in south.
L0DI8IANA.— Drought and abnormally high temperature prevailed
throughoat the week; cotton small and growing slowly, some turning
red, but generally is standing the drought very well; the oldest la

^

,

1,000

2,6b6

5.000
2,000
2,000

6.000
2.000
2.000

10,000
2.000
7,000

97,000
62,000
100,000

107,000
64,000
107,000

9.000
6,000
9.000

9,000
7,000
9,000

87,000
11,000
26,000

674,000
181,000
653,000

761.000
192,000
679,000

Total all-

1899 00..

Or eat Fr'nct
Total. Bril'n.
ToiaX.
Ac.

4,000
2,000
7,000

Bfadras1900-01

<tc.

4,000
2,000
7,000

Calcutta—
1900-01..
1899-00..
1898-93..

Since Sept. 1, 1900. North'n unit.

:

Total.

Bombay—
190O-O1..
1899-00..
1898-99..

Qreat Pr'nce
Brit'n.

INDIA COTTOH
of ootton

2i

Export!

Aooording to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of
85,000 bales. Exports from all India ports record a gain
of 2,000 bales during the week and sinoe September 1 show
an excess of 569,000 bales.

poor.

SoDTH Caboliha.— Rains local, but heavy in places; slight Improvement In ootton, but still grassy and much land too wet to cultivate;
sea ieland ootton improved decidedly, some cotton abandoned, plants
Gboeqia.— Weather hot and dry except heavy rains in eastern coungiven much-needed cultivation, but
from blight, lice and ecald, and is

ties earlv part of week; crops
labor Insufficient; ootton suffered

m

;

bloomlDg.

Texas.- Dry, hot week; drought prevailing

In

many

portions; oot-

would be greatly Improved oy rain; boll
weevil continues ravages In some localitlet; early cotton In extreme
south portion opening; some picking.
Arkansas.— Drv, hot weather; scattered showers in northwest secton, while not suffering,

tion; all

crops beginning to suffer for rain; ootton

made

rapid growth.

Alexandria Receipts and Shipments op Cotton —
Tennessbe.— In eastern section rains Interrupted oulilvation and
Through arrangements we made with Messrs. Davis, harvesting; elsewhere clear, warm weather prevailed; cotton conto Improve.
„
Benaohi & Co., of Liverpool and Alexandria, we now tinues
Oklahoma amd Indian Tkrhitort. — Cotton making rapid
receive a weekly oable of the movements of ootton at growth; cotton squaring and blooming.
Missouri.— Cotton blooming.
Alexandria, Egypt. The following are the receipts and
shipments for the past week and for the corresponding
These reports on cotton are summarized by the Departweek of the previous two years.
ment as follows:

THE CHRONICLE.

1290

In the central portlone of the cotton belt cotton has continued to
Improve. In the Caroltnas and Florida the crop is very grassy, but
has received niuch-ceeded cultivation In Georgia. In South Carolina,
however, a slight improvement is reported, but in both the Oarollnae
and Florida the condition of the crop is not promising, some fields in
South Carolina h;ivlng been abandoned. Over the northern portion
of the Western districts cotton has made rapid growth, and while
holding out well in Louisiana and Texas, it would be greatly benefited by rains. Some picking has been done in Southern Texas.

Shipping iNEW8>— as enown on a previous page, the
exports of ootton from the United States the past week have
reaohed 44,811 bales. The shipments in detail, as made np
from mail and tele^raphio returns, are as follows:
Total hal»».

New Yokk—To Liverpool, per steamer Bovio, 811

811
60

To Hull, per steamer Colorado, 60
To Manchester, per steamer Canning, 1,426 upland and
495 Sea Island

1,921

To Havre, per steamer La Bretagne, 200 upland and 58
25S

4,005

To Belfast— June 24— Steamer Carrigan Head, 4,449
To Hamburg June 27— Steamer Pontes, 5,989
To Barcelona-June 27-8teamer Catallna, 9,200
PBN8A0OLA—To Genoa—June 27— Steamer Sicilla, 1.844
Bbonswick—To Bremen-June 25—Steamer Starcross, 4,114.
NOBFOLK-To Liverpool—June 21— Steamer Lugano, 1.502
Boston-To Liverpool— June 19 -Steamer Winifrertian, 289. ..
Baltimore— To Liverpool- June 21— steamer Qiiernmore,
1,426

To Hamburg—June 17— Steamer Bosnia, 150
San Fbancisoo— To Japan—June 22—Steamer Hong Kong
Maru. 1,525

Seattle-To Japan— June 24— Steamer Klnshiu Maru,

3,303..

1,047

100
125
919
1,165

109
4,005
4,449
5,989
9,200
1,844
4,114
1,502

150
1,525
3,303

44,311
of the foregoing shipments, arranged in
oar usual form, are as follows.
Great French Qer- r-Oth.STrope—. Mexteo,
BriVn. portt. many. North. South. <fe. Japan. Total.
6.515
258 1,147
125 ^|Xi7v «>••• >>«••
New York. 2,792
23,643
5,939
9,200
N. Orleans 8,45i
1,S44
Pensaoola.
1,844 ...... ......
4,114
Brunswick
4,114
1,502
Norfolk...
1,502

289

289

150

1,426

1,525
3,303

1,576
1,525
3,303

258 11,400
125 13,237
4,S28 44,311
lotal..^ 14,463
Exports to Japan since Sept. 1 have been 710 bales from
New York and 66,613 bales from the Pacific Coast.

Cotton freights at

New York

the past week have been

as follows.
8atur.

Jfon.

ftMM.

10

10
20 it 21
19
20
32
21

10
20<r21
19

c.

Havre
Bremen

c.

20921
20
20
32
21
18

c.

Hamburg
Amsterdam

WedHit. Thurs.

Fri.

10

10

10

20921 20®21 20^21
19

20
32
21

21
20
32
21
18

20
32
21

21

18

18

20
32
21
18

244

24>fi

24ifl

24ifl

24ifl

24I3

32
28

32
28

32
28

32
28

82
28

32
28

16317

16® 17

c.
c,

Rotterdam

e.

Antwerp..... ....e.
Ghent, v. Antw'p.e.
Beval, v.Br-Hame.
V. Hall...c,

18

V. St. Pet.c,

Genoa

e.

16^17 16»17 16917 16917

30
30
30
80
30
Quotations are cents per 100 lbs. or fractions of a penny per

Trieste

lb.

—

LiVEHPOOL. By oable from Liverpool we have the f ollovt
ing statement of the week's sales, stooks, &o,, at that port.

June?
week

bales.
exporters took...

Of which
Of which speculators took.
Sales American
Actual export
Forwarded
Total stock— Estimated
Of which American— Est 'd.
Total import of the week.....
Of which American.........

Amount afloat

......

Of which American

June 14

37,000
1,800

54,000
1,400

100

900

34,000
10,000
51,000
749,000
618,000
50,000
46,000
95,000
70,000

48,000
5,000
58,000
721,000
688,000
35,000
20,000
96,000
80,000

June

21.

61.000
1,400
1,200
54,000
6,000
54,000
691,000
561,000
30,000
25,000
89,000
70,000

June 28
47,000

500
1,200
41,000
3,000
48,000
682,000
560,000
42,000
33,000
76,000
59,000

The tone of the Liverpool market for spots and futures
eaoh day of the week ending June 28 and the daily closing
prices of spot ootton,
Sat'dav.

Spot.

have been as follows.

Monday. tuetday. Wed'day. ThurMd'y Friday

Fair
Market, ) Qaiet and
Harden'g. Moderate bnsiness
p. M.^
firm.
demand.
doing.

1:45

Mld.Upl'ds.
Bales

Bpec.dtexp,

42833

4\

Easier.

Quiet.

413,8

42532

42S32

4ili«

7,000

8,000

7,000

10,000

10,000

7,000

600

600

500

500

600

500

Futuret,

Market,
1:45

p.

I

u.]

Karket,
4P. K.

TTed. Tlinrs.
FrI.
June 26. June 27. June 28.

d.

d.

d.

\

d

\

d.

d.

d.

d.

4 38 4 37440441 443 4 44 4 41 4 40 4
June-July... 4 36 4 36 4 39 4 40 4 42 4 48 4 40 4 39 4
Jnly-Aug.... 4 34 4 34 4 38 4 39 4 41,4 41 4 39 4 37 4
Aug. -Sept... 4 29 4 29 4 32 4 33 4 35 4 36 4 33 4 32 4
8ept.,L.M.C. 4 29 4 294 32 4 33 4 35 4 36 4 33 4 32 4
Oot.,G.O.O.;4I4 4 14 4 18 4 18 4 20 4 21 4 18 4 17 4
Oot.-Nov....J4 11 4 104 14,4 15 4 17,4 17 4 15 4 18 4
Nov. -Deo... 4 08 4 08 4 12 4 12 4 15 4 15 4 12 4 11 4
Dec- Jan.... i4 08 4 08 4 12 4 12 4 15 4 15 4 12 4 11 4
Jan. -Feb.... 4 03 4 08 4 12 4 13 4 15,4 15 4 13j4 11 4
Feb.-Moh
Mch.-Apr
....1 .... ....1 .... ....1

June

d.

38
36
34
29
29
13
10

d.

d.

d.

4 40 4 36 4 35
4 33 4 34 4 33
4 36 4 32 4 32

4 30 4 26 4 26
4 30 4 26 4 26

4 15 4 11
4 12 4 08
08 4 10 4 06
08 4 10 4 06
08 4 10 4 06
....

....

4 11
4 03
4 05
4 05
4 06
....

Jute Butts, Bagging, &c.— There has been a fairly good
inquiry for jnte bagging daring the week under review, and
prices have been maintained. The close to-night is at 5^ c.
for 1?^ lbs. and 6i^c. for 2 lbs., standard grades. Car-load
of standard brands are quoted at 6i^@6)^c., f. o. b.,
according to quality. Jute butts continue' in moderate demand to arrive, at 134@l^^c. for paper quality and 2%@23^c.
for bagging quality.
lots

BREADSTUFFS.
Friday. June 28, 1901.
There has been a gradual sagging of prices for spring- wheat
flour; standard brands of spring patents have weakened to
$3 75@3 80, and country brands have declined to $3 60. On
the lower basis of values, a larger volume of business has
been transacted; jobbers apparently have increased confidence in the market on the present basis of prices and have
been freer buyers. Winter-wheat flour has had a moderate
sale at about steady prices.
City mills have been easier.^'
Rye flour has had only a jobbing sale; prices have held fairly
steady. Corn meal has met with only a limited demand, but
prices have been fairly well maintained.
Speculation in wheat for future delivery has been moderately active. The tendency of prices during the first half of
the week continued downward, they showing a loss of about
The crops news from both the winter -wheat
Ic. per bushel.
and spring- wheat belts was of a highly promising character.
Harvesting of the winter-wheat crop was reported progressing favorably and weather conditions in the" Northwest
were favorable for the spring-wheat crop. Added to the
favorable crop news were weaker European advices, and

had a depressing influence upon values.
too
Wednesday and Thursday there was a stronger turn
to values. Both domestic and foreign shorts came into the
market as free buyers to cover their sales, and this demand
carried prices up about l@lj^c. per bushel. Business in the

Quiet at Steady at Steady at Steady at Steady at
Barely
3-04 ad3-64 ad1-64 de4-64 departially
steady at
l-«4 dec.
2-64 dec.
ance.
vance.
cline.
cline.
Qnlet.

Steady.

Steady.

Easy.

Steady.

spot markets has been fairly active, as exporters have been
steady buyers; prices have followed futures. To-day easier
European advices and favorable crop news weakened the
market. The spot market was fairly active; the sales for
export here and at outports were 520,000 bushels.
DAiLT cLoarao PB10B8 or no. 2 bed wthteb in
YORK.
Sat.
Hon.
Tues.
Wed. Thurt,
Fri.
76J8
75ia
7538
7514
7658
76^3
Cash wheat f. o. b
74i6
73fS8
73ifl
7458
731*
July deUvery In elev
73%
7258
7214
72
73^
72^
Sept. delivery in elev.... 7238
74i8
in
elev
74
7312
7414
73\
Dec. delivery
74*i
OAILT OLOSDfO PKICES OF HO. 2 8FKIMO IB CHICAGO.

new

SO

c,

Sales of the

25.

these

Llverpoool

Do
Do

Tues.

June 24 June

1 1:45 4 1:45 4 1:45 4 1:46 4 1:45 4
12)fl
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.

1,426

Total

Baltimore.
San Fran..
Seattle

Mon.

Sat.
Ju7ie 22.

289

The particulars

Boston

The prices of futures at Liverpool for eaoh day are given
below, Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.

i

Sea Island

To Bremen, per steamer Grosser Kurfurst, 1,047
To Hamburg, per steamer Bulgaria, 100.
To Antwerp, per steamer Vaderland, 125.
To Genoa, per steamers Hohenzollern, 872... Pocasset, 27
To Trieste, per steamer Pocasset, 1,165
To Venice, per steamer Pocasset, 109
HBW OBLEANS—To Liverpool—J uuc 22—steamer Electrician,

[Vol. LXilj,

Quiet but
steady.

Sat.

iron.

Tuet.

Wed.

Thurt.

Fri.

66I4
66i8
66ie
6738
6638
66%
66''8
Ceog
66ifl
6738
6658
66%
Indian corn futures have received a moderate amount of
attention, and there has been a fractional improvement in
Weather conditions have been in the main
values.
favorable for the growing crop, which has been reshowing general improvement, exclusive
as
ported
of the extreme Southwestern States, where rains are
needed. The unfavorable reports from the last-named section of the corn belt have suflSiced to induce buying for
speculative account. This demand and the absence of aggressive selling have sufficed to strengthen prices slightly.
The spot market has been steadier, and a fairly large export
business has been transacted here and at outports. To-day
there was a quiet but fairly steady market. The spot market
was steady; the sales for export here and at outports were

July delivery In elev.....
Sept deUvery in elev

265,000 bushels.
OAII.r OLOSING PBIOEB OF NO. 2 MIXBD COKN HI NEtF
Fri.
Wed. Thurt.
jjfon.
Tuet.
Bat.
48'78
4858
4812
4868
48%
4858
Cash com f. 0. b
47I4
4778
47%
4738
471a
47
July deUvery in elev
48S8
48l«
48 '8
48%
481fl
Sept. delivery In elev.,.. 48 14
48^2
4858
48%
48ifl
48 k
48^
Oct. delivery in elev
DAILT OLOSina PBI0B8 OP NO 2 MIXBD CORN IN €SICAGO.
Wed. Thurt. Fri.
3fon.
Tue*.
Sat.
43
4338
4308
43>fl
4338
433e
July delivery in elev
44i«
4458
4488
45
4i''8
44 Ss
Sept. delivery In elev
43^8
4298
42ia
43
42%
Dec. deUvery in elev
Oats for future delivery at the Western market have been
There has been moderate speculative buying
fairly active.
for investment account. The steadiness of the com market
and fairly free buying by exporters in the cash markets have
been the strengthening factors. Locally the spot market has
been more active, exporters being fairly free buyers of supTo-day the spot market was active,
plies for the Continent.

TORK.

—
—

«

.

June

THE CHKONICLE.

29, 1901.]

France being a free bnyer. The gales for export here and at
outports were 660,000 bushels.
YORK.
DAILY OLOSDJO PBI0B8 OP OATS IN
Fri.
Wed. Tkurt.
8at.
Tuet.
Mon.
32J4
32i<s
321*
32»9
33^
32
So. 2 mixed In elev
33
33
33
3314
3314
33
Ko. 2 white m elev
DAILT OLOBINO PKIOBfl OF NO. 2 MCZBD OATS IN CHICAGO.
tin.
Wed. Thur:
Tuet.
SaU
Mon.

NEW

July delivery In elev
Sept. delivery In elev....
May delivery In elev

2759

2714

26^8

27^4

2&^

26^

26%

27

28''8

2b''8

29^4

29%

2678
2«3i
2914

ze^g
26i>8

sold slowly, but prices have been well maintained.
Barley has been nominal in the absence of offerings.
Following are the closing quotations:

1291

quiet.
For overcoatings the demand has been more general
at previous prices. Cloakings continue quiet. Staple lines
of woolen and worsted dress goods have been in somewhat
fuller demand, but fancies continue quiet.
There has been
no change in flannels or blankets.

DOMESTIC Cotton Goods.— The exports of cotton goods
from this port for the week ending June 24 were 20,204
packages, valued at 17^6,246, their destination being to the
points specified in the tables below:
1901.

Rye has

PLODR.
Patent, winter.... $3 70 ©3 85
$2 15 f»
City mlllB, patent. 3 90 «4 45
®2
35
gnperflne
2 30
Ryeflonr.enperflne 2 75 ©S 40
2 SO «2 55
Extra, No. 2
©
Buckwheat flour
2 65 ®2 75
Extra, No. 1
Com meal—
2 90 «3 40
Clears
Western, etc
2 40 ©2 45
3 35 ©3 90
Btralghts
2 50 © ...
Brandywlne
Patent, spring.... 3 60 ©4 35
(Wheat flour In eaoka eells at prloes below those lor barrels.)
Fine

aaAiH.

Wheat, per bush.—

Hard Dulnth, No.l
N'them DuL, No.l
Bed winter. No. 2
Hard N. T. No. 2.
Oats— Mlx'd, p. bush
White
No. 2 mixed

0.

0.

8214O8414
74 ©TOH
73i2©76ifl

Com, per bush.—
Western mixed
No. 2 mixed
Western yellow
Western white
Bye, per bushwestern
State and Jersey
Barley— Weatern

1900.

Week. BineeJan.l.

Oreat Britain........
Other European

China
India

96

2,419

11
17.956
14

864

Africa
West Indies

Mexico
Central America.....
South America......

Other Countries......

48
3

4,708
31,137
4,018

27
218
310
54

118,404
7,985
21,605
2,326
13,002
1,773
6.325
28,053
4,217

123,945

5,381

200,918

113

1,801
22,691
4,609
11,024

3,826
56

736

839

1.

1,098
1,130

39,835

6C0
46
369
29
68
752
263

ALrabla....

Since Jan.

y/eek,.

o.

46 ifl©49
46''8©49

20,201

Total

47 ©48%
48i4©50

The value of the New York exports for the year to date
h88 been |5,493,523 in 1901, against $8,398,291 in 1900.
All the advances made last week in heavy brown sheetings
3213933 ifl
57 ©63
No. 2 white
33 ©34
and drills have been easily maintained this week, but little
Feealn«
©
further upward progress has been made. The market is in a
Government Weekly Grain Report. Mr. James Berry, very clean condition, but buyers are not eager to pay the
Chief of the Climate and Crop Division of the U. S. Weather higher prices for forward contracts. In the bleached goods
Bureau, made public on Tuesday the telegraphic reports on division conditions are without change of moment; a fair
the grain crops in the various States, for the week ending amount of business has been done at full prices, but sellers
June 24, as follows:
have not made any advances. An occasional line of wide
Weather.— The temperature conditions of the week ending June 24 sheetings has been raised 5 per cent and other advances are
were highly favorable In nearly all parts of the country, especially in expected.
Cotton flannels and blankets continue quiet.
the RocKy Mountain region and on the Pacific coast, where the precolored
cottons generally have worked into good
Coarse
vious week was abnormally cool. The South Atlantic States, which
shape, with denims, ticks, stripes and plaids occasionally
buffered from excessive rains in the previous week, have experienced
more favorable conditions for cultivation, which has been seriously i^@3^c. per yard higher. There has been no change in kiddelayed. Rain is now very generally needed in the Central and West tinished cambrics or other cotton linings.
Prints continue
Gulf States, including Arkansas and Soutliern Missouri.
Corn.— Further and i^eneral improvement in the condition of corn to sell well, particularly in staple lines, and the market for
Is indicated. In Nebraska, the Dakotas, and portions of Iowa the
these has a hardening appearance. Fancy prints are .steady,
crop is in need of cultivation, but is generally clean in the last-named with a moderate business. There has been no change in
State. In Missouri corn is holding out well, but the southern portion
of the State must have rain soon or sustain serious damage. In Illi- ginghams. Print cloths have ruled very firm, but the demand
Regular print cloths very firm at 2%c.
nois, Indiana and Ohio corn is backward, but is now making rapid has been less active.
frowth. In the Southern States the corn corp is doing well, except In per yard.
exas, Louisiana and Southern Mississippi, where it is greatly In need
Foreign Dry Goods.— Fine grades of dress goods have
of rain, especially in Texas. In the Atlantic Coast States the crop has
made favorable progress, but needs cultivation in portions of the Vir- been in fair demand and steady. Silks are firm but only
ginias and Carolinas.
Winter Wheat.— Winter wheat harvest has advanced under favor- moderate orders booked this week. Ribbons also in moderate
able conditions during the week, and is now In progress in the north- request. Linens continue quiet, but very firm. Burlaps, firm
ern portion of the central and western districts of the winter-wheat with moderate demand.
belt, with Kcnerally satisfactory results, both as to yield and quality.
In Michigan and portions of Pennsylvania and New York fly has Importations and Warelioiise Wltbdrawals of Dry GooAs
caused deterioration, and increased reports of rust are received from
Theimportatlousaud warehouse withdrawals of dry goods
Ohio and Virginia. In the Carolinas grain In shook has suffered some ac this port for the week ending June 27, 1901, and since
Injury from moisture. In California harvest is progressing In all sections. In Oregon and Washington the prospects continue favorable, January 1, 1901, and for the corresponding periods of last
and wheat is ripening in the first-named State.
year are as follows:
Spring Wheat.— The sprinsr- wheat district lias experienced very
H
S
B
favorable weather conditions, and the outlook for spring wheat is now
most encouraging, although In Northern Minnesota some fears of H ag
o no
S'f^® « P
lodging are entertained. The crop is now heaalng over the southern c* »ff Ss wsS
» >^M
SfO
9 1-*^
^.
>-»
portion of the spring-wheat region.
*:
b;
2:
»! 5
2:
Cats.— In the Ohio Valley and Middle Atlantic States the oat crop
B SI
^
"!
•
S' 111
1
P
has made favorable progress and is generally improved in the States B 0!
off 9
H,
o
>i
o
of the Upper Mississippi and Upper Missouri Valleys.
•ill
SiiiiS
S:
1:
I
i
Hay.— The general outlook for hay is very satisfactory, except in
Si
•
o
o
m
portions of the Ohio, Central Mississippi and Lower Missouri Valleys,
i
i
T
^
where it Is not as good as usual. Haying is now in progress in the
|i
«•
more northerly sections.
7158»7338
32 ©34

Z2^9ZQ^

51

«54it
itbb^

—

>-»

•
.

i...

:

1
:

!
!

.

•

•

:

•

I

:
•

!
•

:

i

•

•

•
•

*

•

•

I

•
.

.

.

:
!

:

:

1

isr For other table* nsnallr nlven here see Dase 1265.

THE DRY GOODS TRADE.
New

York, Friday, P. M., June 28, 1901.
The volume of business transacted in the market this week
has been considerable, but shows a falling oft" compared with
last week.
This result has been due more to the attitude of
sellers than to any decrease in the desire of buyers to place
In a number of important directions recent business has quite cleaned up ready supplies and has consequently
made sellers much more independant than before. Numerous orders have been turned down in staple cottons from
the inability of sellers to give the required deliveries or because buyers had failed to come up to the full asking prices
in their bids.
Actual advances in prices have not been
numerous this week, but all changes have been in an upward
direction, and the tone of the market in cotton goods is still
strong at the close. There is also a steady improvement in
progress in the men's- wear woolens and worsteds division,
and in both cotton and woolen goods the outlook for the
balance of the year is decidedly promising.
Woolen Goods.— The clothing trades have been well in
evidence this week, their re-orders for men's-wear woolen
and worsted fabrics, making a larger aggregate volume than
usual at this time of year. Bayers have found the market
bare of ready supplies in leading makes of staples, and
goods which have hitherto been more or less neglected are
profiting by this. There have been no higher prices quoted,
but the general tone is very firm. In the fancies division
there has been a good demand for stripes, and all desirable
lines of these in both woolens and worsteds have been cleaned
up. Advances of 5 per cent on some lines of stripes have
been made this week. In low-grade goods, such as cotton
mixtures, satinets and doeskin jeans, the market has ruled
orders.

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———— —

——

THE CHRONICLE

1292

fVoL. LXXII.

Bellevue, Ohio.— Bond O^eringr. —Proposals will be received until 1 P. M.,July 17, by M, J. Callaghan, Village
Clerk, for $10,000 4% village-hall bonds. Securities are in

News

denomination of $250, dated July

Items.

Conneeticnt.— Legislature Adj urns.—The State Legislature adjourned June IS, 1901.
Loul8Yille, Ky.— Bonds Valid.— In the suit of the city
against the Park Commissioners to decide the validity of the
recent issue of |500,000 bonds for park and sewer purposes,
Judge Miller on June 17 sustained the validity of the bonds.
About half of these bonds, it is stated, are intended for the
purchase of Central Park.
Massachusetts.— Legislature Adjourns.— The State Legislature adjourned on June 19, IQOl.
Fennsylr&nia..—Legislature Adjourns.— The State Legislature adjourned on June 27 after a session of nearly six
months.

—

Washington. Legislature Adjourns. The special session
of the State Legislature, convened on June 11, adjourned
June 12 after amending the law relative to capital punishment and the passage of several other bills.

Bond Calls and Redemptions.
Mississippi.— Bond Call. —The Governor has called

—

Sm

22. p. 1248.

Blissfleld, Mich.— Bond Bill Vetoed.— The Governor ha3
vetoed H B. 880, authorizing a loan of $>,000 for street improvements, on the ground that the bill did not contain a
referendum clause, it being the Governor'd opinion that all
bonding propositions should be submitted to a vote of the

people.

Boise City (Idaho) Independent School District.— Bond
Sate.— On June 15 the two issues of 5% 10 20-year (optional)
school bonds, aggregating $52,000, were awarded at a price
said to be 105 "31. For description of bonds see Chronicle
1, p.

tem.

Boone (Iowa) Independent School District.- Bond
ing.

week have been

as follows
Adrian, Mich. Bond Election. A special election will be
held to day (June 29), at which the question of issuing $45,000
paving bonds, to run not exceeding 25 years, and $), OOO sewer
bonds, to run not exceeding five years, will be submitted
to the voters. If authorized, interest is to be at a rate of not
more than Z%.
Albany, Ga.— Bond Offering. Proposals will be received
until 12 M,, August 10, by S. B. Brown, Mayor, for $25,000 4^
30-year coupon gold bonds. Interest will be payable semi-annually in New York City. A certified check for 2% of bid must
:

—

—

accompany

proposals.

Offer-

—Proposals will be received until 12 M., July 8, by Chas.

H. Goeppinger, Treasurer, for $7,000 4% 5-10-year (optional)
bonds. Securities are dated July 1, 1901, and the interest
will be payable semi-annually at the office of the District
Treasurer.
Brii^tol, R. I.— Loan Authorized.— The Town Treasurer
has authority to borrow $10,000 for current expenses.
BrockTille, Oat.— Debenture Sale.— On June 11 $26,547 80

4% water-works and $22,718 35 4% local improvement debentures were awarded to A. E. Ames
Co., Toronto, at
100'601.
Following are the bids for the entire amoum";

&

:

Ames & Co., Toronto

$49.582 A. E. Jarvls & Co,, Toronto ....149,275
49,311 Central Canada Loan & Sav. Co. 48.726
W. H. Browse, Toronto
Interest on the above securities will be payable semi-annully on March 18 and September 18, and the principal of
each issue will mature in varying amounts yearly on March

A. E.

this

1095.

Bonaparte, Iowa. Bond SaZe.— This town has sold an
issue of 4% bonds for the construction of a water-works sys-

offered

Bond Proposals and Negotiations

Interest will be

Bank, New York City. Principal will mature $350 each
January 17 and July 17 from July 17, 1910, to Jan. 17, 1980,
inclusive. A deposit of $500 or a certified check for that
amount must accompany proposals. Accrued interest is to
be paid by purchaser.
Biddeford, Me.—Bond Sale.— On June 24 the $25,009
20 year refunding bonds were awarded to the Augusta Savings Bank of Augusta, Me., at 106'90— an interest basis of
about 3'038^. For description of bonds see Chronicle June

June
for

payment July 1, 1901, $400,000 5% bonds issued in 1896. These
bonds do not mature until 1906, but are subject to call after
July 1, 1901. The finances of the State of Mississippi appear
to be in a very satisfactory condition. Not only is there
enough cash in the treasury for the payment of the $400,000
bonds called for above, but also surplus enough to build the
new State House, now under way, without the issuance of
bonds, although the State Legislature has autuorized $1,000,
OOO bonds for this purpose. With the payment of the 5%
bonds mentioned above, the funded indebtedness'of the State
will be reduced to $610,000,
Nebraska. Warrant Call. State Treasurer Stuefer called
for payment June 10 warrants Nos. 67,245 to 68,610, inclusive, aggregating $100,000.

—

17, 1901.

payable semi-annually at the American Exchange National

1

I

from 1902 to 1921, inclusive.
Broohhaven, Miss.— Bonds Voted.—At the election held
June 11 the proposition to issue $15,000 school-improvement
bonds carried by a vote of 84 to 53.
Brown Connty, Wis.— Bond Sale.— On June 25 an issue of
$10,000 insane hospital bonds was sold to the State Bank of
Depere at 102 85,
18

Brownville, N. Y. Certificate Isswe-This place has issued
$3,000 4% 2-year certificates of indebtedness to F. E. Colby of

O svego.

C—

Bonds Voted.
Buncombe Countv (P. 0. Asheville), N.
Alton (III.) School District.—Bond Election Proposed.—
The Board of Education has petitioned the City Council to —The election held June 18 to vote on the question of issuing
call an election to vote on the question of issuing $50,000 $50,000 30-year courthouse bonds resulted in favor of their
issuance.

high-school-building bonds.

Burlington, Yt.— Bonds Fofed.—This city has voted to
20 year street-improvement bonds. We
are advised that these bonds will probably be put out from
Bonds Authorized.— The issuance of time to time as needed, and will most likely be taken by the
3,000 4% public-library bonds has been authorized.
The sinking fund as an investment.
Bart County (P. 0. Tekamah), Neb.— Bond Sale.— On June
full details of these bonds have not yet been fixed upon.
Asheville (N. C.) School District.—Bond Sale.— On June 15 21 the $80,000 3% per cent 10-20-year (optional) refunding
the $10,000 4% 30-year school- building bonds were awarded to bonds were awarded to W. T. S. Neligh, West Point, Neb.,
W. J. Hayes & Sons, Cleveland, at par. For description of at 101. Following are the bids
For i% Bondi.
For 8%« Bonds.
bonds see Chronicle May 25, p. 1047.
W. T. S. Neligh, West Point. $80,R00 00 Chas. H. Coffin. Chicago.. .. $81,000 00
Ashtabnla, Ohio.— Bonds Defeated,— At a special elec- N. W, Harris & Co., Chicago. 80,000 00 Mason, Lewis & Co., Chicago. 80.456 87
Denlson, Prior & Co., Cleve. 78,400 00
tion held June 15 a proposition to issue bonds for waterFor description of bonds see Chronicle June 1, p. 1095.
works purposes was voted upon and defeated.
Batler (Pa.) School District— Bond Sale.— On June 21
Ayden, N. C. Bonds Voted. This place has voted to sub$15,000 S}4% bonds were awarded to The Lamprecht Bros.
scribe to $5,009 stock of the Great Eastern Railroad.
Ballard School District No. 50, King County, Wash.— Co., Cleveland, at 101 and lithograpbed bonds free of charge.
Bond Offering.— Propoa&la will be received until 2 p. m., July Securities mature $4,000 in five years, $5,000 in ten years and
15, by J. W. McConnaughey, County Treasurer, for $8,000 $6,000 in twenty years.
Bonds to he Ismed.—We are advised that this district has
20 year bonds. Securities are in denomination of $500. Interest (rate to be named in bids) will be payable semi-annu- outstanding $42,000 4% bonds which are subj ect to call and
that they will probably be refunded in the near future.
ally at ihe office of the County Treasurer or at the State fis
cal agency in New York City, and must not exceed 6^, A
Cadiz, Ohio.— Bonds Defeated.— The election held June 8
deposit ot 1% of the par value of the bonds must accompany to vote on the issuance of $10,030 building bonds resulted in
150 votes being cast for the bonds and 142 against. As a
proposals.
Barberton, Ohio.—Bond O^erinflr.—Proposals will be re- two-thirds vote was necessary to authorize, the bonds were
ceived until 6 P. M., July 8, by W. A. Witner, Village Clerk,
Cartersville, Ha.— Bonds Voted.— ThiB city on June 22
for $3,800 5% sewer bonds. Securities are in denomination of
Interest will be payable March 1 and September 1 at voted in favor of issuing $10,000 4% electric-light-plant bonds.
$760.
Chanute (Kan.) School District-Bonds De/eafed.—This
the Barberton Savings Bank. Principal will mature $760
yearly on September 1 from 1902 to 1906, inclusive. All bids district has voted against the issuance of bonds for a high
must be unconditional and must be accompanied by a certi school,
^ , _ ,
fied check for $100.
Chaves Connty (P. 0. Roswell), N, Mex.— Bond Sale.—
Accrued interest must be paid by purThis county has sold an issue of $30,000 5% gold refunding
chaser.
Bay City, Mich.— Bonds ^tt<7tort2ed.—The issuance of $49,- bonds to James R. Thorpe, Denver, at par and all expenses
590 4^ 3-5-vear (serial) local-improvement bonds has been incident to the refunding of the old bonds. Interest on the
new bonds will be payable semi-annually and the principal
authorized by the Common Council.
Bayonne, N.J. Bond Oj^mngi.— Proposals will be received will mature May 1, 1931, subject to call after May 1, 1921.
until 8 p. M., July 2, by tne City Council, for $50,000; 4% 6- They are in denomination of $1,000.
year gold coupon improvement bonds. Securities are dated
Chicago Junction, Ohio. -Bond Ofmngr.— Proposals will
July 1, 1901, and the interest will be payable semi-annually. be received until 12 m., July 12, by A. G. Shepard, Yillage
Clerk, for $10,300 5% street-improvement bonds. Securities
W. C. Hamilton is City Clerk.

Ambler, Pa.

Bond Election.— An

election will be held
the issuance of $20,000 street-improvement

July 16 to vote on
bonds.
Asbury Parli, N. J.

issue $30,000 S}4%

:

.

—

—— ——
June

THE CHRONICLE.

29, 1901.]

are in denomination of $500, dated March 1, 1901. Interest
Principal will mature .$3,500
will be payable eemi-annnaUy.
on March 1, 1902, and a like amount on ilarch 1, 1903, and
$3,300 on March 1, 1904. All bids must be unconditional and
must be accompanied by a check for |500, certified by some
bank in Ohio.
Cincinnati, Ohio.— Bond Q/rennp.— Proposals will be received until 12 M., July 18, by Geo. F. Holmes, Clerk Board of
Public Service, for $100,000 ^%i "re- pavement bonds." Securities are in denomination of i{500, dated June 1, 1901. Interest will be payable semi-annually at the American Exchange
Principal will mature
National Bank, New York City.
certified
June 1, 1921, subject to call after June 1, 1911.
check for 5^ of the par value of bonds bid for, payable to the
Board of Public Service, must accompany bids. Bidders
must use the printed forms of proposals furnished by the
Clerk and the purchaser will also be required to pay accrued
interest.
Band Sale.— On June 18 the |50,000 S}4% 10- 20- year (optional) market-house bonds were awarded to the Provident
Savings Bank, Cincinnati, at 103*30. Following are the bids

A

:

Provident Sav. Bank, Clncln.»61,e60 00 HeasoiiKood 4 Mayer, CiDcln.|51,160 00
Feeler. Holzman *Co..CId... 51.3H175 Coiitral Tr. & Safe Dep. Co... 51,100 00
.)
Ohio Valley Nat. Bl!.,Clncin. 61,30H 00 Atlas Nat. Bank..
New iBt Nat. B'k. ColumbUB„ 61,^80 76 VVeHtern German Bk. ^ Cin. 60,960 00
5l,2C0
00 K. Kleybolt«&Oo....)
Lamprecht Bros. Co., Cleve.
German Nut. Bank, Cincin... 51,168 00
.

.

.

For description of bonds see Chronicle May 25, p. 1048.
Clarke County (P.O. Vancouver), Wi^sh.— Bond Sale.—
It is stated in local papers that this county has arranged
with Morris & Whitehead, Portland, for the sale of $40,000
4% 20-year refunding bonds. The new bonds will be dated

•

July 2, 1901.
Cleveland, Ohio.— l^ond O^erino.— Proposals will be received until 12 M., July 15, by J. P. Madigan, City Auditor,
for $63,000 i% sewer district coupon bonds, maturing April 1,
1912. Securities are in denomination of $1,000, dated April 1,
1901.
Interest will be payable pemi-annually at the American Exchange National Bank, New York City. A certified
check for 5% of bonds bid for, payable to the " Treasurer of
the City of Cleveland," must accompany proposals. All bids
must be made on blank forms, which can be obtained from the
City Auditor.
Cohoep, N. Y.—Eond Offering.— Miller Hay, City Chamberlain, will sell at public auction at 12 m, to-day (June 29)
$40,000 3}4% 25-year school bonds and $15,000 d^% 1-year
school certificates of indebtedness. Securities are issued
under the authority of Chapter 289, Laws of 1901. They are
dated July 1, 1901. Interest will be payable semi-annually,
that on the bonds at the Central Trust Co., New York City,
and on the certificates at the office of the City Chamberlain.
Collleryille, Shelby County, Tenn.— Bonds Defeated.— At
the election held June 19 the question of issuing $5,000 electric-light bonds was voted upon and defeated.
Collin?, Mis9.—Bond Offering.— Pro-poBsilB will be received
until 12 M., July 2, by W. R. Mcaowan, City Clerk, for
$3,000 7% 5 20- year (optional) echool-house bonds. Securities
are in denomination of $1(0, dated July 2,1901. Interest
will be payable at the Bank of Collins, Collins, Miss.
Concord, N. C.—Bond Offering.— Attention is called to the
official advertisement of the city of Concord elsewhere in this
Department, offering for'sale $150,000 4% bonds. Proposals
for these securities will be received until 12 M., July 15, 1901,
by the Town Commissioners, at the office of W. C. Houston
Town Treasurer. Securities are dated July 15, 1901, and will
mature July 15, 1941, without option. They are for $1,000
each, and carry interest'payablelsemi-annually in Concord or
in New York City. A certified check for 2^ of bid must

1293

—

Denver, Pa. Bond Election. An election will be held
July 9 to vote on the question of issuing $14,000 water bonds.
Detroit, Mich.- Bond Offering.— Propceala will be received until 2 P. M., July 1, by F. A. Blades, City Comptroller,
for $155,000 3}4% school bonds. Securities are issued under
the authority of an Act of the State Legislature approved
June 6, 1901. They are in denomination of $1,000, dated
July 1, 1901. Interest will be payable semi-annually at the
current official bank in New York City or at the office of the
City Treasurer. Principal will mature July 1, 1931.
Accrued interest is to be paid by purchaeer. Either a deposit
of $3,000 in money or a certified check for that amount on
a national or State Bank in the city of Detroit must accom-

pany proposals.

Bond

Bonds are exempt from

city taxation.

Legislature.-The State Legislature has
allowing the electors of the city of Detroit to

Bill Passes

passed a bill
vote at the general election in 1903 on the question of issuing $600,000 bonds to construct an additionalbridge to Belle
Isle.

Dover, Mass.

Loan Authorized. — The Council has author-

ized a loan of $35,0C0 in anticipation of the collection of
taxes.
Dyersburg, Tenn.— Bond Election.— An election will be
held July 3 to vote on the question of issuing $50,000 4% 20yeiir water and light bonds.
East Hartford (Conn.) Fire District.— Loan ^«<^(ortzed.
At a recent distiict meetinsr, the Board of Commissioners
was empowered to borrow $12,000 on short-time notes to pay
current expenses.

—

Eldridge (Iowa) Independent School District.- Bond
Offerivg.— This district will otfer for sale about July 15 the
$';},000 6<g building bonds authorized at the election held eome
weeks ago. Securities will be in denomination of $200, dated
Aug. 1, 1901. Interest will be payable semi-annually at the
Eldridge Savings Bank. Principal will mature $200 yearly,
all unpaid bonds, however, being subject to call after five
years.
Elliott, Iowa.— Bonds Voted.— This place has voted to
issue $2,500 5% water-works bonds. Full details have not yet

been acted upon.
Eureka, Cal.— Bond Election Propcsed.— There is talk in
this city of holding an election to vote on the question of
issuing about $150,000 bonds for water works and for school
purposes.

—

Fairport, N. Y. Bonds Authorized. The issuance of
$3,000 1-3-year (serial) bridge bonds has been authorized.
are advised that the bonds may be offered for sale in
August of this year.
Flint Union School Distiict, Genesee County, Mich.—
Borid Offering,— Propoa&lB will be received until 6 p. m., July
26, by W. C. Lewis, Secretary of the Board of Education, for
$25,000 4% building bonds. Securities are in denomination of
Interest will be payable semi-annually at the First
.$250.
National Bank of Flint. Principal will mature $4,000 yearly
on March 1 from 1904 to 1909, inclusive, and $1,000 on March
1, 1910. The indebtedness of the district, including this issue,
will be $33,000. The assessed valuation is about $7,400,000.

We

Franklin, Warren County, Ohio.— Bond O^eringr.— Propobe received until 1 p. ji., July 15, for $6,000 5%
deficiency bonds. Securities are in denomination of $1,000
and the interest will be payable at the Importers' & Traders'
National Bank, New York City. Principal will mature
sals will

March

1,

1933.

—

Pa.— Bonda Voted. At an election held June 7
a proposition to issue $15,000 sewer and paving bonds was
voted upon and carried by a majority of 15.
Fremont, Ohio. Bond Election.- An election will be held
July 11 to vote on the question of issuing $35,000 4% waterworks bonds. If authorized, securities will mature $10,000 in
accompany proposals.
five years, $10,000 in ten years and $15,000 in fifteen years. InConneant (Ohio) School District.— Bond Offering.— Pro- terest will be payable at the office of the City Treasurer or
posals will be received until 13 M., July 8, by the Board of at the First National Bank of Fremont.
Education, for $27,000 4% bonds. Securities are issued under
Gallia County (P. 0. Gallipolls), Ohio.— Bonda Not Sold.—
the authority of Section 3993, Revised Statutes of Ohio. They We are advised that the sale of the $35,000 4% 20-year turnpike
are in denominations of $500 and $1,000, dated the day of bonds which was advertised to take place on June 20 was desale.
Interest will be payable semi-annually on Jan. 1 and clared off on account of an injunction having been filed
July 1 at the office of the District Treasurer. Principal will against the issuance of the bonds. The bonds will not be
mature as follows
One bond of $500 each six months from offered again for sale until their validity has been determined
July 1, 1902, to July 1, 1910, inclusive; one bond of $500 on by the courts.
January 1 and one bond of $1,000 on July 1 of each year
Garden City (Kan.) School District.- Bonda Voted.— This
from Jan. 1, 1911, to July 1, 1917, and one bond of $1,C00 each district on June 11 voted to issue $10,000 school- house bonds.
six months from Jan. 1, 1918, to July 1, 1921, inclusive.
A Full details of these bonds will be decided later.
certified check for $3,500, payable to G. M. Whitney, must
Geneseo, N. Y.— Bonds Defeated.— The proposition to issue
accompany proposals.
$11,000 village- hall bonds was defeated at the election held
Cottage Grove, Lane County, Ore.— Bond OJeringr.— Pro- June 10.
posals will be received until 7:30 p. m., August 1, by J. E.
Georgia.— Temporary ioan.— The Governor has borrowed
Young, City Recorder, for $15,000 5% 20 year gold bonds. Se- $300,00u from Georgia banks, as follows Neal Loan & Bankcurities are in denomination of $1,000, dated Aug. 1, 1901. ing Co., Atlanta, $75,0C0; Fourth National Bank of Atlanta,
Interest will be payable January 1 and July 1. A certified $25,000; Atlanta National Bank, $35,000; Southern Bank of
Freeport,

:

:

check for $100 must accompany proposals.
Covington, iia.— Bond Sale.— On June 25 the $15,000 5%
20year gold electric- light bonds were awarded to Rudolph

Kltybolte&

Co., Cincinnati, at 106-333.

A

full

list

of the

bids will be given next week.
Crowley (La.) School District.- Bonda Fofed.— This district has voted to issue $20,0C0 high-echool bonds.

Cumberland, R. I.— Loan Authorized.— The Town Council
has authorized the Treasurer to borrow $10,000.
Dayton, Wash.— Bonds Defeated.— The proposition to issue
$30,000 electric-light-plant bonds was submitted to the people on June 4 and defeated by a vote of 129 to 27.

Savannah, $50,COO, and the Citizens' Bank of Savannah, $25,OCO.
The money thus borrowed will be used in paying the
teachers' warrants.

Glen Ridge, N. J.— Bond Election.— The Borough Counhas decided to submit the question of issuing $35,000 park

cil

bonds to a vote of the people.
Grant City (Mo.) School m^trict— Bond Election Illegal

— Bond Election. — At

the election held June 7 the propoeition to issue $30,000 school-house bonds was favorably voted
upon. The board, however, has discovered that the election
was illegal, and the question will be again submitted to a
vote on July

2, 1901.

—

—

—

—

THE CHKONICLE.

1294

GrreenTille (Mich.) School District.—Bonds Dc/eafed.—
This district has voted against the issuance of $14,0U0 schoolhouse bonds.
Hailey (Idaho) School District.— Bonds Foied.—This district has voted to issue bonds for refunding purposes.
Hallowell, M.e.—Loan Authorized.—Tiae City Treasurer
has been authorized to borrow $3,000 for current expenses.
Hamilton, Ohio.— Bonds i)e/eated.— At the election held
June 8 the proposition to issue $7,000 electric-dynamo and
$12,000 market-house bonds failed to carry.
Hamilton, Oat.— Debenture Sale.— On June 20 the two
issues of local- improvement debentures, aggregating $80,-

533 OS, were awarded to the Bank of Hamilton for $S0,801 13
for 4 per cents. Following are the bids :
180,80113 H. O'Hara Co
Bank of Hamilton
t80,602 08
Cent. Canada L'n & Sav.Co.. 80,603 00 Geo.A.Stimson&CcToronto 80,050 00
For description of bonds see Chronicle June 15, p. 1200.
Harris County (P. 0. Houston), Texas.— Bonds Approved
Bond bale. The Attorney- General bas approved an issue
of $600,000 road and bridge bonds of this county. Of this
issue, $400,000 has been sold to the State Permanent School
Fund at par. Of the remaining $200,000, it is expected that
$100,000 will be taken later by the State Permanent School
Fund, and that the remaining $100,000 will be taken by local
county funds.
i

I

—

—

[Vol. lxxii,

Lawrence, Mass.—Bonds Proposed.— The Aldermen are
considering the question of issuing $25,000 4% 1-10-year (serial)
sewer bonds.
Lewis and Clarlie County (Mont.) School District No. 1.
Bond Sale Postponed. We are advised that the sale of
the §250,000 4% gold refunding bonds described in the Chronicle June 15, which was advertised to take place on June 25,
has been postponed until 2 p. m. July 2, until which hour
proposals will be received by Thos. E, Goodwin, Clerk of the
Board of Education.
Lima, Ohio. Bids, Following are the bids received June
24 for the $1,000 5% Grand Avenue grading bonds :
Croghan Bank of Fremont
lOl'So
Ohio Nat. Bank, Lima
100*50
Action in awarding the bonds was deferred for one week.
For full description of bonds see Chronicle June 22, p. 1249,
Livinsrston School District No. 4, Park County, Mont.
Bond Offering, Proposals will be received until 2 p. m.,
July 15, by E, M, Sybert, Clerk of the Board of School
Trustees, for the following bonds

—

—

—

|

—

—

:

$10,000 41^% gold bonds, in denomination of $600, dated Aug. 1, 1901. Interest
will be payable semi-annually in New York City. Principal will ma-

ture Aug.

l,

1911.

20,000 il4% 10-20-year (optional) refunding bonds. Securities are in denomination of 1500, dated Sept. 1, 190i. Interest will be payable semi annually. Bidders must satisfy themselves as to the legality of the
bonds In advance of the sale ana must enclose with their bids a certified checfe for $500 on some bank in Montana.

Lo^an County (P. 0. Russellville), Ky.—Bond Offering,
Hartford (Conn.), West Middle School District.— Bond
O^ermgi.— Proposals will be received until 12 M., July 10, by —Proposals will be received until 10 a, m., July 10, by Eben
James P. Taylor, Treasurer, at the Charter Oak National G. Viok, County Attorney, for $200,000 4% bonds. Securities
Bank of Hartford, for $94,000 d}4% bonds. Securities are will be issued in denominations of $200, $500 and $1,000, dated
dated August 1, 1901, and will mature July 31, 1926. They July 1, 1901. Interest will be payable semi-annually at the
are in denomination of $1,000 and the interest will be pay- Citizens' National Bank, Louisville. Principal will mature
$20,000 on Jan. 1, 1902, $6,200 yearly on January 1 from 1903
able semi-annually.
Hazle Township School District, Luzerne County, Pa. to 1930, inclusive, and $6,400 on Jan. 1, 1931.
Lynn, Mass.— Bonds Authorized. The Aldermen have
—Bond Sale.— Oa July 15 $17,000 5% 4-20-year (serial) funding bonds were|awarded to W. B. Myers, Cashier of the First authorized the issuance of $25,000 33^^^ 30-year water bonds.
McConnelsrille, Ohio.— Bond Q^eringr.- Proposals will
National Bank of Bethlehem, at 110'77 an interest basis of
be received until 12 m July 10, by Geo. Birch, Village
about 3*87^. Following are the bids

—

—

:

W.

,

B. Myers, Bethlehem
|18,?30 90 Lamprecht Bros. Co., Cleve.. $18,375 10
Denlson. Prior & Co.. Cieve. 18,4a9 90 Trowbridge & Niver Co..Chic. 18,219 00
Seasongood & Mayer, Cincin. 18,417121 W.J. Hayes & Sons, Cleve... 18,19100
I

.

Securities are in denomination of $500 and the interest will
be payable semi-annually on January 1 and July 1.
Herington(Kan.) School District. Bond iya-ie.—On June
12 the $6,000 9-14-year (serial) school bonds were awarded

to John Nuveen & Co., Chicago, at 100*583 for 43^^ bonds.
For description of bonds see Chronicle May 25, p. 1049.
Holgate, Ohio.—Bond Sate.— On June 24 the $15,000 5%
electric- light and water-works bonds were awarded to the

State Savings
bids:

Bank

of Toledo at 108 843,

State Savings Banlc, Toledo. $16,326 50
16,239 00
16,137 00
Denlson, Prior & Co., Cleve. 16,053 00
Feder, Holzman & Co., Cin.
16,050 00
Seasongood <& Mayer, Cin
16,023 00

Maher & Co., Columbus.
W.J. Hayes & Sons, Cleve...
C. P.

.

.

.

Following are the

Spitzer & Co., Toledo
f 15,975 GO
W. R. Todd & Co.. Cincinnati. 15.900 00
Lamprecht Bros. Co., Cleve.. 18,850 00
First Nat. Bank. Baruesville. 16,701 00
P. B. Brlggs <fc Co., Cincin
15,600 00

For description of bonds see Chronicle June 8, p. 1153.
Houston, Texas.— Bonds Not Hold.—The $800,000 4% paving and sewer bonds advertised for sale on June 20 were not
sold, as it was contended by the bond dealers represented
that the bond issue was not properly authorized, in that the
notice of election was not published a sufficient number of
days. While this technical error was passed upon by the
Attorney-General when the bonds were approved by him
with nothing more than simply adversely commenting upon
the point, the Mayor has determined, it is stated, to have
the bond question again submitted to a vote of the people
and have the error rectified.
Hubbard, Ohio.— Bonds Fo^ed. —At the election held June
8 the issuance of $8,000 4^ 9-24 year (serial) electric-light
Securities vrill be dated June 1, 1901,
and the interest will be payable semi-annually.
Idaho. Bids. Following are the bids received June 15
for the $305,000 4« 10-20-year (optional) bonds
I. W. Sherrill Po'keepsle.. $215,885 GO
Seymour Bros. & Co., N. Y. .?213,712 00
W. J. Hayes & Sons, Cleve.. 215,632 UO Seasongood & Mayer, Cin.. 212,500 00

bonds was authorized.

—

:

.

Trowbridge & Niver Co..€hl. 215,*57 Go Stoddard, Nye & Co., Minn.. 212,157 60
Minn. L. n, Tr. Co., Minn'lis. 2U,508:00 Farson, Leach & Co., N.T.. 211,»i66 00

Lamprecht Bros.

Co., Cieve. 213,938 00

& Co., Cinciu..
Shepard & Co., N. Y..

B. Kleybolte
E.

X>.

.

213,900 00
213,797 00

Feder,

Holzman & Co., Cin..

Mason, Lewis &

As

stated last week, the bonds were
Sherrill, Poughkeepsie, at 105 "SO.

Irwin,

Pa.— Bonds Voted.— On June

Co., Chic...

awarded
6 this

.

211,3iX» oo

210,655 50

to Isaac

W.

borough voted

to issue $50,000 bonds for street-paving purposes. The vote
was 320 for and 37 against.
Ithaca, Mich. Bond Offering, Proposals will be received
until 2 p. M,, July 16, by Marvin R. Salter, Village Clerk,
for $15,000 4:% sewer extension bonds. Securities are in denomination of §1,000, dated Aug. 1, 1901. Interest will be
payable semi-annually. Principal will mature $1,000 yearly
after five years,
certified check for 5^ of bid must accompany proposals.
Jeflerson County (P.O. Beaumont), Texm.— Bond Election.
An election will be held July 8 to vote on the question
of issuing $750,000 road-improvement bonds,

—

A

—

Karnes County, Texas.— Bonds Approved.— The AttorneyGeneral has approved an issue of bridge bonds of this county.
Kelley's Island, Ohio.—Bond Q^ermg.— Proposals will be
received until 12 m., July 3, by F. J, Reinheimer, Village
Clerk, for $3,000 Q% town-hall-improvement bonds. Securities are in denomination of $600, dated June 1, 1901.
Interest will be payable annually at the oflBce of the Village Clerk.
Principal will mature one bond ;yearly. The village has no
indebtedness and the assessed valuation is $305,050, which
figure is stated to be about 60% of actual value.

Clerk, for $17,000 4% refunding bonds. Securities are issued
under the authority of Section 2701, Revised Statutes of
Ohio. They are in denomination of $500, dated April 1, 1901.
Interest will be payable semi-annually at the office of the
Village Treasurer. Principal will mature one bond each six
months from April 1, 1921, to Sept. 1, 1937, inclusive. Bidders must satisfy themselves as to the legality of the bonds
before bidding. A certificate of deposit on either the First
National Bank or the Citizens' Bank of McConnelsville for
lOj^ of the par value of the bonds bid for must accompany
proposals. Accrued interest is to be paid by purchaser.
Madison County, Ind.— Bond SaZe.— An;issue of .123,358 80
4^% Stoney Creek Township gravel road bonds has been sold
to the Anderson Loan Association at 103'64— an interest basis
of about 4*06^. Securities are in denomination of $583 97,
dated May 15, 1901, Principal will mature one bond each
six months, beginning Nov. 15, 1901.
Maiden, Mass.—Bond Sale.— On June 25 the seven issues
of 3}4% bonds, aggregating $58,000, were awarded to Rogers,
Newman Tolman, Boston, at 102*6403. For description of
bonds see Chronicle June 22, p. 1249.
Mansfield, Ohio.— Bond O^eringr.—This city will sell, between the hours of 10 a. m. and 2 p. m. July 15, $20,000 4%
sewer-assessment bonds. Securities are in denominations of
from $500 to $1,000, dated July 15, 1901. Interest will be
payable annually at the office of the City Treasurer. Principal will mature $2,000 yearly on July 15 from 1902 to 19 LI,
certified check for 10^ of the bonds bid for,
inclusive,
drawn on one of the local banks in favor of F. M. Remy,
City Clerk, must accompany proposals, which are to be made
on forms furnished by the City Clerk.
Maryland.—BoTid O^eri?*^.— Proposals will be received
until 12 M., Julv 23, by Murray Vandiver, State Treasurer,
for $200,000 d% State Building and improvement bonds. Securities will carry interest from July 1, 1901, and will mature
July 1, 1915, subject to call after July 1, 1910. Interest will
be payable semi-annually. Bonds are exempt from State,
county and municipal taxation.
Mercer County, Ohio.—Bond Sale.— Oa June 26 this county sold an issue of $23,000 4% road bonds to Denison, Prior
Co., Cleveland, at 102-43,
Mingo County (P. 0. Williamson), W. Va.—Bo«ds Not
So/d.— The $25,000 3% 20 30-year (optional) bonds offered for
sale on June 24 were not sold, the best bid received being an
offer of $-31,500 for the bonds.
Montpelier, Tt. -Loan Authorized.—The Council has authorized the City Treasurer to borrow not exceeding $10,000.

&

A

&

Morris, Stevens County, Minn.— Bond O^eringf.- Propobe received until 8 P. M., July 18, by the Common
Council, at the office of J. H. Devenney, for $10,000 5jg 20year gold water-works bonds. Securities are in denomination of $500. Interest will be payable semi-annually at the
First National Bank, St. Paul. A certified check for $500
must accompany proposals. Bonds were voted at the election held June 10. C. B. Burpee is Village Recorder.
Mount Calm (Texas) School District.— Bond Election.—
An election will be held July 6 to vote on the question of
issuing $8,000 school-house bonds. An issue of $6,500 bonds
for this purpose was recently voted by the district, but this
election has been set aside and a new one ordered to vote on
the increased amount.
Mount Clemens (Mich.) School District— Bond Sale.^
An issue of $30,000 4% school bonds was sold on June 11 to
Matthew Slush, a local investor, at 102-51. Interest will be
payable semi-annually and the principal will mature $3,000
sals will

—

:

June

THE CHRONICLE.

29, 1901.]

yearly on

March

— — —

:

1,

March

1

from 1904 to

New

Castle Connty, Del.— Bond Sa^e.—The $75,000 i%
to mature on or before April 1, 1921, and
the $20,000 4^ 13}/^ year (average) county bonds advertised
for sale on June 22 were awarded to the Farmers' Bank of

and $9,000 on

1910, inclusive,

workhouse bonds

1911.

Napoleonville, La.— Bonds Voted.— This place on June 12
voted in favor of issuing |12,000 water-works bonds.
Nashville, Tenn.— Bonds Not Sold— Bond Offering.— We
are advised by J. P. Byrne. City Recorder, that the $150,000
4^ 30-year electric- light bonds offered to local investors on June
20 at 109'15 were not all taken, and that $143,000 of the bonds
will be sold to the highest bidder on July 8, 1901, at 3 p. m.,
until which hour bids will be received by the Bond CommisBonds are in denomination of
sioners, oare of J. P. Byrne.
Interest will be payable semi$1,000, dated Jan. 1, 1901.

Delaware, Wilmington, at 100-50 and

104, respectively.
For
Chronicle June 22, p. 1249.
New Hanover County, N. V.—BomXa Voted.— AX the election held June 18 the proposition to issue $50,000 road-improvement bonds carried by a small majority.
New Market (Iowa) School District.— BoTid Offering.—

description of bonds see

This district has authorized the issuance of $4,800 4^ bonds.
Proposals for these bonds will be received at any time by the
Secretary of the Board of Education.

annually.

Northampton, Mass.— Loan Authorized.—The Water Com-

Bond Election,—An election will be held July 10 to vote on
the question of issuing $350,000 trunk sewer bonds and $250,000 street bonds.
Bond Sale.— On June 20 the $25,000 5^
Natchez,
school bonds were awarded to the Britton & Koontz Bank of
Natchez at 103— an interest basis of about 4*449j? if bonds are
called at their optional date or 4'87^ if allowed to run their
Following are the bids
full time.

missioners have been authorized to borrow $200,000 for the
construction of a new water system.
North Dakota.— Bond Q/Ter £713,— Proposals will be received until 11 A. M,, July 16, by R. A, Shattuck, Secretary
of the North Dakota Agricultural College, for $42,000 43^i
20-year improvement bonds. Securities are part of an issue
of $50,000 bonds, of which $3,000 was sold last month. They
are in denomination of $1,000.
certified check for 5% of
the par value of the bonds bid for, payable to the Treasurer
of the Board of Trustees of the North Dakota Agricultural
College, must accompany proposals.
Oldtown, Me.— Loan Authorized. The City Treasurer has
been authorized to borrow $18, COO to pay over- due notes.
Orange, N. J. Bonds Proposed. An ordinance is before
the Common Council providing for the issuance of $90,000 4^
23 28-year (serial) bonds for improvements to the reservoir.
are advised
Orange County, N. Y. Bonds Proposed.—
that the issuance of $200,000 road bonds is being considered
in this county, but that no definite action will be taken in
the matter until November.
Owen Sound, Ont. Debenture Offering. Proposals will be
received until 6 p. 11,, July 11, by Alfred J. Spencer, Town
Treasurer, for $30,000 4% 30- year water- works debentures.
Securities are dated July 1, 1901. Interest will be payable
semi-annually. Accrued interest is to be paid by purchaser.
Palestine, Texas.-Bond Election.— The City Coxmcil has
ordered an election in July to vote on the question of issuing
$40,000 street-paving bonds.

m»B—

Britton

&

Koontz

Bank,

Natchez

I

$25,500 00

I

Seaaoneood

—

& Mayer.

W.J.Hayes &

A

CiD
126,48160
Sons, Cleve... 25,100 00

Bonds are dated July 1, 1900, and mature thirty years after
that date, Eubject to call after five years. The coupon for
one year's interest from July 1, 1900, to July 1, 1901, has been
removed from the bonds. For full description of bonds see

—
—

Chronicle June 15, p. 1201.
Nevada (Mo.) Scliool District.—Sonds Defeated.—Thia
district recently voted on the question of issuing bonds, but

We

the proposition failed to carry.

New Bremen, Ohio— Bond Sale.-On June

10 the $10,000

6^ road-improvement bonds were awarded to the Columbus
Savings & Trust Co., Columbus, at 112'55. Following are
the bids
lOS'O"
ColumbuB Savings & Trust Co.,
Spitzer & Co., Toledo
107-107
112-66
Columbus
Ohio Nat. Bank, Columbus
Boesel's Bank, New Bremen.... 110'27
SeasonKOOd & Mayer, Clncin ..105'20
For description of bonds see Chronicle May 25, p. 1050.
Newbnrgfh, N. Y. Bonds Defeated. At the election held
June 18 the proposition to issue $320,000 water- works-improvement bonds was defeated by a vote of 368 for to 639

—

—

against.

NEW
"We

NEW

LOANS.

JULY
INVESTMENTS.
own and
offer the following^*

County Bonds.
$20,000
10,000
8,000
10,000
60,000
30,000
30,000

1295

Time.

Rate.

Benton County, Minnesota, Refunding.
Franklin Co., North Carolina, Funding.
Pemiscot County, Missouri, Jail
Pulaski County, Indiana, Funding
Ramsey County. Minnesota, Jail
Sussex County Virginia, Refunding
Wythe County, Virginia, Court House..

48
48
48

CITY OF SPARTA, WIS.
PAVING BONDS.

Yielding.

10 & 12 years
20 years
9 years

SV/o
3-70%
313%

5,

4.s

I6I4 years

3Jfl9&

3ias

20 years

3'15^G

48
4s

10-25 years
3 to 8 years

20 years
10, 15
19 to 20 years

To Capitalists and Investors:

3-700/0

Price 102-60

&

int.

&

int.

School Bonds.
&

$4,000
9,000
8, SOU
60,000
5,500
44,000
12,000
6,000

Christian Co., Missouri, School District

5s

Concordia, Kansas, School
Eagle Gro/e, Iowa, School
Hartford, Connecticut,.School District.
Jackson, Missouri, School District
Leavenworth, Kansas, School
Renville Co., Minn., School District
Wise County, Virginia, School District.

4ifl8

$18,000
15,300
55,000
3,5UO

City of Camden, New Jersey, Repaying
City of Chicago. lUinoislImprovement..
City Lighting Co. of St. Louis
City of Durango, Colorado, Refunding

48
S^ss

6s

4H8
4s
Ss

5-10 years
30 years
1 to 10 years
1 to 20 years
15 years
20 T ears

414%

4%
Price 102-25

3>4%

4%

3-70%
3-70%
4389i

City Bonds, Etc.
Water

10,500

1

Village of Eveleth,

Minue

ota,

20 years
to 312 years
1 to 8 years

4-90>;j

68

1^

4%%

68

5 to

o^a 20

10,000
15,000
33,700

City

20,000
6,000

Our
yieldin

Both

Poplar

Uluff,

20 years

414%

40 years

3-65?o

10 and 20 years

438%

6s

19>2 years

5%

48

10-20 years

Missouri, City

Hall and Jail
City of Ruston, Louisiana, Water and
Light
City of Webster, South Dakota Water

TROWBRIDGE

&

Price 102-49

NIVER

& Int.

4-10«o

conservative

bonds

CO.,

MUNICIPAL BONDS,

Bank Building,
CHICAGO.

ATTRACTIVE BONDS
Yielding from 3 to 0% net.

TERMQNT BONDS A SPECIALTY.
HARRY B. POWELl, dc CO.,
Woodstock, Vermout.

60 State Street,
BO.STON.
Telcpltouc, 4092.

MUNICIPAL BONDS.
E. C.
121

Stanwood

&,

BANKERS.
Devonshire Street

BOSTON.

and interest

shall be payable at

the

of Sparta, lu the City of Sparta, in said County
and State. Ten of the lowest numbered bonds shall
become due and payable on the first day of March,
1910, and twenty of the next lowest numbered bonds

4i«96

16 to 23 years

58

Works
10-20 years
58
July list descriptive of the above, also other
5;?, will be sent upon application.

principal

Bank

4ifl%

of Oxford, Mississippi Electric

City of

First National

each and every year, with theusual interest coupons

4J»%

8 to 9 years

Department
4s
of Osawatomie, Kansas, Waterworks
58
Light

8,000

J

9 years
ears
1

Pursuant to a resolution of the Common Cound
of the City of Sparta. Monroe Conntv, Wisconsin,
the said city of Sparta will receive sealed proposals
for the purchase of Twelve Thousand DoUarg of
paving bonds of the said City of Sparta, directed to
be issued by a vote of the electors of the City of
Sparta on that question held on the 2d day of April
1901, for the purpose of paying the City's proportion
of paving such streets in said City as the Common
Council shall direct.
The said bonds and interest coupons are to be
signed by the Mayor and City Clerk and be of the
denomination of One Hundred Dollars each and
bear interest at the rate of three and one-half per
cent, payable annually on the first day of March in
attached, and the said bonds and coupons shall bear
date the first day of July. 1901. The first coupons
shall be for the interest from the date of issue until
the first day of March, 1902, and each of the other
coupons shall be for one year's interest.

Illinois,

Drainage D'strict
68
City of Kingfisher, Oklahoma, Water... 58
City of Newport News, Virginia, Fire

1,500 Town

3-15%

^

Water

and Sewer

20,000 Town of Golconda, Illinois
15,000 Hamilton and White Counties,

48
es
58

years

LOANS.

Co..

shall become due and payable on the first day of
March, 1911, aud fifteen of the next lowest numbered bonds shall become due on the first day of
March in each and every year thereafter until the
wholeamount of the said bonds have been fully paid.
The sealed proposals will be directed to the City
Clerk of the City of Sparta, Wisconsin.
The said proposals will be opened at 8 P. M. of the
3d day of July, 1901, by the Common Council of the
said City, and the issue will be awarded to the blithest bidder for cash, provided that no bid at less than
par and accrued interest will be accepted, the Council reserving the right to reject any and all bids.
Dated this 21st day of Jane. 1901.
WM. H. BLYTON. City Clerk.

Blodget, Merritt

&

Co.,

BANKERS.
16

Congress Street, Boston.
13 Wall Street,

New York.

STATE, CITY & RAILROAD BONDS.

—

—

—

THE CHRONICLE.

1296

Park Kirer, N. Dak.— Bond O/eriwfir.— Proposals will be
received until to- day (June 29) by O. E. Lofthus, City Auditor, for $19,800 5^ 20-year gold electric-light and waterworks bonds. Of this issue $10,400 is for electric lights and
19,400 for water works. The bonds are dated June 15, 1901.
Interest will be payable semi-annually at the Chemical National Bank, New York City. A certified check for $5C0 on
a national bank in North Dakota must accompany proposals.
Bids will be opened on July 1 at 8 p. [m. by the City Council.

$2,000 yearly on June 1 from 1902 to 1911, inclusive, and
$3,000 yearly on June 1 from 1912 to 1921, inclusive.
Raleigh, N. C.—Bond Election Postponed.—The Board of
Aldermen has passed an ordinance postponing the election to
vote on the issuance of street- improvement bonds from July
8 to Aug. 19, 1901, and reducing the amount of bonds to be
voted upon from $1C 0,000 to $50,000.
Ravalli County School District No. 3 (P. 0. Hamilton),
Mont.— Bond Sale Postponed.—
are advised by R. A.
O'Hara, Clerk, that the sale of the $5,000 ^% bonds which
was to have taken place on June 21 was postponed until

^e

—

Parson?, Kan.—Bonds Defeated. At the election held May
28 the proposition to fund the floating debt was defeated.
Perry, N. Y. Bond Meeting.— A. town meeting will be held
July 2 to vote on the question of borrowing $7,000 for bridge
purposes.

July

Falls, Minn.— Bonds Voted.— This place has
voted to issue $6,000 A.% 20year bonds for a steel water tower.
Rensselaer, N. Y.— Loan Authorized. The City.Treasurer
has been authorized to borrow the sum of $5,000.
Richmond (Mo.) School District.—Bonds Fo^ed.— The issuance of $8,600 bonds has been authorized by this dis-

—

trict.

Rockland, Me.— BoTid Sate.— On June 20 the $18,000 Z%%
15-year refunding bonds were awarded to Maynard S. Bird,
Rockland, at 105-42— an interest basis of about 3-047^. Following are the bids
105*42
Maynard S. Bird, Rockland
Rogers, Newman & Tolman,
106-00
103-553
Boston
R. W. Messer, Rockland

evidently did not prove attractive in the present condition of
the money market, as only one bid was received, and this bid
was but for $5,000 of the bonds at 101 and was made by Gee.
H. Hill of Drexel & Co., Philadelphia,
Polk County, Mo.— Bonds Defeated. At the election held
June 4 the proposition to issue $60,000 court-house bonds was
defeated.
Portsmouth, N. H. Bond Resolution Defeated.— The issuance of $100,000 high-school building bonds has been under
consideration, but a lesoluticn authorizing the same has
failed to pass the City Councils, thus defeating the bond

:

I

|

103-03
104-466 Jose, Parker & Co.. Boston
Lewiston
102-995
& Co., New York.l03-8» Rockland Savings Bank
For description of bonds see Chronicle Jane 1, p. 1097.
Rocky Ford, Colo.— Bond Q^ertnflf.— Proposals will be re
ceived until 7 p. m., July 5, by the City Clerk, for $10,000
10-15-year (optional) water-works-improvement bonds. Securities were authorized at the election held April 2, 1901,
Interest will be payable semi-annually in Rocky Ford. Bonds
are dated Aug. 15, 1901. A certified check for $100 will be
S. B.

—

May &

Co.,

I

Farson, Leach

|

H

—

Providence, R. I,— Bonds Authorized. The Board of Aldermen has passed a resolution providing for a loan of $50,000
for highway purposes. The Common Council has also passed

required.

Saginaw, Mich. Bond Sale.— On June 22 an issue of $50,000 4^ street-improvement bonds was awarded to W. J.
Sons, Cleveland, at 103-006. Following are the
Hayes
bids:
$50,500 00
W. J. Hayes* Sons. Cleve... $51,603 00 Bank of Saginaw

this resolution.

&

Racine, WiP.— Bond Oj^ermfif.— Proposals will be received
until 2 p. M.. July 17, by John M. Freeman, City Treasurer,
for $50,000 d%% school bonds. Securities are in denomination of $1,000, dated June 1, 1901. Interest will be payable
at the office of the City Treasurer.

1901.

6,

Redwood

Petoskey (Mich.) School District.— Bond Election.— An
election will be held July 1 to vote on the question of issuing
$7,000 refunding and $3,000 school- house bonds.
Philadelphia, Pa.— Bonds Not Sold.— This city oifered for
gale on June 24 an issue of $9,000,000 3^ 30-year water bonds.
The low rate of interest which these gecuiitles were to carry

issue.

[Vol. LXXII.

Blodget, Merritt & Co.. Bost. 51 ,390 00 Second Nat. Bank, Saginaw..
Denlson, Prior & Co.. Cleve.. 51,266 CO Parkinson & Burr ($10,000)..
Trowbridge &Niver Co.. Chic. 61,028 00 R.L. Day & Co. (for $40,000).
Spltzer & Co., Toledo
50,867 00 W. R. Todd & Co. ($40,000)..

Principal will mature

50,500
41,268
41,072
40,600

00
80
00
00

INVESTIVIENTS.

Si^o,ooo

8600,000

BOND SALE OF
Concord, North Carolina.
Notice is hereby given that sealed proposals will
be received at the office of W. C. Houston, Treasurer
of the town of Concord, N. C, up to 12 o'clock noon,
July IBth, 1901, for the purchase of $150,000 of Concord Sewerage, School and Street Improvement
bonds of the denomination of $1,000 each, bearing
interest at the rate of 4 per cent per annum, payable semi-annually in Concord, N. C, or in New
York City, N. Y., and the principal thereof payable
forty years from July 15th, 1901.
The right to reject any and all bids is reserved.
Bids to be accompanied with a certified check for
2 per cent of the amount of each bid.
Statement of the town flrrances and copy of the
Acts of the General Assembly authorizing the issuing said bonds furnished upon application.
By order of the " Commissioners for the Town of
Concord."
M. B. STICKLEY,
Mayor of Concord.

CITY OF CHICAGO,
SOUTH PARK COMMISSIONERS 4^B0NDS.
Dated July

1,

Denomination $1,000.
Amoont.

Accrued

interest to be

Conn.,
ZH% HIGH SCHOOL BONDS.
Yieldine Investor S"25%.

NASSAU

ST.,

&

NEW YORK

Assessed valuation
Total debt

assessed valuation

104
10458

lOSH
105%
10638

110l>8

ill

added to abo^re price? Netting about 33^ per cent.

is

all

of

8172,434,917
$775,000

value)

what

$172,434,917,

is

commonly

called the " South Side."

comparing with $376,565,880

Its

for the entire city

OTHER HIGH-GRADE BONDS SENT ON APPLICATION.

THE MERCHANTS' LOAN & TRUST CO
i

OF CHICAGO.

\

Minnesota,

R.

Bonds.
From and after Jnly Ist, 1901, Coupons and Bonds of tliis city will be
paid at tlie Mechanics' National Bank,

F.

New York

171

City.
J. J.

1031a

loe'^a

10738
107'8
10838
lOS'g
10938
109 SW
iioia

CITY.

City Comptroller's Office,
St. Paul, MinD., June 17th, 1901.

Panl,

102%

(one-flftli real

Chicago and practically

Co.,

NOTICE.
liolders of St.

102ie

25,000
25,000
25,000
25,000
25,000
25,000
25,000
25,000
2d,000

Population 750,000.

LIST OF

To

lOlifl

Price.

These bonds are payable by a direct tax levied on all the property within the
South Park District, which includes the central business portion of the City of

Legal Investments for Connecticut and
Maine Sayings Banks,.

1

iWaturity.
July 1st, 1912.
July Ist, 1913.
July Ist, 1914.
July 1st, 1915.
July 1st, 1916.
July 1st, 1917.
July 1st, 1918.
July Ist, 1919.
July 1st, 1920.
July 1st, 1921.

Price.

FINANCIAL STATEMENT.

Britain,

Rudolph Klevbolte

Amount.
100% $25,000

maturity.
July 1st, 1902.
July 1st, 1903.
July l8t, 1904.
July 1st, 1905.
July 1st. 1906.
July Ist. 1907.
July Ist, 1908.
July 1st, 1909.
July Ist, 1910.
July Ist, 1911.

$25,000
25,000
25.000
25,000
25,000
25,000
25,000
25,000
25,000
25,000

#05,000
New

Interest payable January and Jnly 1st.

1901.

FULTON & CO.,

Municipal Bonds,
la salle street)

McCARDY,

City Comptroller.

CHICAGO.

Geo. D. Cook Company,
IN¥ESTHEIIT SECURITIES.
238-240 La Salle Street,

CHICAGO.
N. Y. Office, 1442 Broad-Exclianpre Bid?,

—
Juke

—

THE CHRONICLE.

29, 1901.]

—

est.

Shelby Coantj, Iowa.— Bond Sale.— It ia stated that on
June 20 an issue of $25,000 4% 73^-year (average) funding
bonds was awarded to W. J. Hayes & Sons, Cleveland, at

New

A

New

101-268.

Shelby County, Tenn.—Bond Sate,— Local papers state
that the county has sold and delivered $50,000 turnpike bonds
to the Bolton College Trustees.
Shenandoah, Pa.—Bond Q^eringf.— Proposals will be received until 7 P. M., June 30, by the Borough Council, for the
refunding of |25,000 i% bonds and |126,800 rj% water bonds of
F. E. Magargle is Chairman of the Finance
this borough.
Committee of the Council.

&

I

I

|

make

Bros.

&

10003

Co.,Boston

the request of the corporators of the railroad, indefinitely
postponed.
San Diego, Cal.— Bond Sale.— On June 17 the $600,000 4}4%
1-40-year (serial) water-works
son, Lewis
Co., Chicago, at

&

bonds were awarded to Ma-

104 '376 —an interest basis of
3'19^.
Following are the bids
Mason, Lewis & Co.. Chicauo... $626,265 Feder, Holzman & Co., CIncln,.$617,400
Denlson, Prior & Co., Cleve.... e'.J6,100 New l8tNat.B'k.(.'olumbuB
617,220
l/amorecht Bros. Co., Cleve..
024,887 Soltzer A Co.. Toledo
6 15,250
K. H.Gay &Co., Boston
622,700 H. A. Nimpher, Cleveland...
615,165

about

:

.

.

.

B.

H.

Rollins

&

Sons, Boston.. 622,111

Sherbame (Hinn.) School District.— Bon^ Sate.— On
Jane 20 the $5,090 20-year bonds were awarded to the Bank
of Sherburne at 10.3-40 for i^% securities.
Suathiogton, Hartford County, Conn.— Bonds Authorized— This town haa dnthority to iaaue $115,000 4^ bonds to

i

For description of bonds see Chronicle June 15, p. 1202.
Salad a, S. C.—Bond Election Postponed.— We are advised
that the election which was to have been held on June 14 to
vote en the question of issuing $12,000 bonds in aid of the
Johnston Saluda Greenwood & Anderson Railroad was, at

W. K. Todd A Co..

Cincinnati.. 618,560

For description of bonds see Chronicle May 11, p. 951.
Sandy Hill, N. Y.— Bonds Defeated.— This village on June
11 voted against the issuance of bonds to purchase the water
plant now owned by a private corporation.
San Jose, Cal. Bonds Defeated.— At the election held
June 6 the proposition to issue municipal improvement
bonds aggregating |217,000 was defeated.
Sanlt Ste. Marie, Ont.—Debenture Offering.— Piopossils
will be received until 12 m., July 12, by C. J. Pim, Town
lerk, for $60,000 4^ sewer debentures.
Securities are in deomination of $1,000 and will run for thirty years. Interest

1297

will be payable eemi-annnally at the Canadian Bank of Commerce, Sault Ste. Marie. Purchaser will pay accrued inter-

(La.), Second Drainage District.—
Offering. Proposals will be received nntil 12 M., July
1, 1901, by B. S, Story, President of the Board of Commis
Bioners, care of the "St. Bernard Voice" (P. O. Arabi), for
$10,000 5^ gold highway bonds. Securities are in denomination of |50, dated July 1, 1901. Interest will be payOrleans National Bank,
able annually on June 1 at the
certified check for 5% of bid must accomOrleans.
pany proposals.
Salem, Mms.—Bond Sale.— Oa June 21 the $15,000 3J^^
1-10-year (serial) registered water bonds were awarded to
Tolman, Boston, at 100'253— an interest
Rogers, Newman
Following are the bids :
basis of about 'S-20%.
RoKers, Newman & Tolnmn,BoBlOO-2ft3 Denlson. Prior* Co.. Boston. ...10003
100-024
Jose. Parker & Co., Boston
UIodKet, Merrltt &. Co., Boston. 100-08
100-07
100-02
Parkinson & Burr, Boston
K. li. Day ACo., Boston

Bernard Parish

St.

Bond

,

purchase the plant of the Southington Water Co.
tails of these bonds are yet to be determined.
Sparta, Wis.

The de-

—

Bond

Offering.
Proposalslwill be received
by Wm. H. BIyton, City Clerk, for |12,OOO 3}4% coupon paving bonds. Securities were voted at the
election held April 2, 1901. They are in denomination of
Interest will be payable annu$100, dated July 1, 1901.
Principal will maally on March 1 at the Bank of Sparta,
ture $1,000 on March 1, 1910; |2,000 on March 1, 1911, and
|1,500 yearly on March 1 from 1912 to 1917, inclusive.
TTiC official notice of this bond offering will be found among
the advertisements elsewhere in this Department.
Springfield, Ohio.— Bond O^eringr.— Proposals will be received until 8 P. M., July 16, 1901, by R. N. Lantz, City Clerk,
for $32,441 75 (or less if any assessments are paid in cash) Q%
Clifton Street improvement bonds. Securities are dated
July 1, 1901. Interest will be payable January 1 and July 1

until 8 P. M., July

3,

&

the office of the City Treasurer or at the Importers'
Traders' National Bank, New York City. Principal will
at

INVESTMENTS.

INVESTMENTS.

malcing: yonr July Invest*
ments write for Circular and

Before

JULY INVESTMENTS.

Descriptive Lists of

$150,000 Keokuk

(Iowa), Electric Railway & Power Company First Mortgage Gold OS, maturing serially 1913 to 1925. NET EARNINGS over and
above all expenses for the past six fiscal years as follows:
1896

Municipal and Corporation

$18.142 34

1897

18,080 88

1898

19,282 17

1899

25,205 86

1900

26,G45 86

1901

HIGH GRADE

Bonds.

Among Bonds

wlilcli tve can
offer are tlie followlns :

27,847 80
Price and Particulars

Upon

Application.

Kentucky Western Ry.

$100,000 Russian Gorern't 4s. $35,000
30,000 Canadian Gov't 4s.
70,000
23,000 Hanford, Cal., Sewer 6s. 80,0 00

South Omaha, Neb., refund. 6s.
Garfield Co., Col., refunding 5s.
Salt Lake City, Utah, Ref. 4s.
Allen County, Ey., refunding 4s.

Chicago

New

&

noTV

1st 6s,

Alton Ry. 1st %\b,
County,
Mo,

Madrid

Drainage 6s,
$115,000
Knox Co., Ind., Drainage 6s.
CHOICE LIST OF OTHER ISSUES OF
CORPORATION, MUNICIPAL and RAILROAD SECURITIES. Sullivan County, I)id., Road 42S,
Will Mail Regular Monthly Lists of Bonds to Investors upon Request.
City of Chicago Improvement 6s,
Write or Wire us for Further Particulars.
City of Chicage Drainage 4s,
City of Harvey, 111., Fire DeM.
& CO.,
partment 5s,
115 Dearborn Street, Chicago.
Leonore Village, 111., Water 5s,
We Own and Ofler
Marble
Rock Village, la
N. W.
& CO.,

DUKE

FARSON

HARRIS
B

$60,000

ANKER8,

3i NASSAU ST.,
CHICAGO.
Deal exclnsiTely

NEW YORK.
BOSTON.

in mnnicipal,

Railroad and other bonds adapted
for trust funds and savings.
ISSUE TRAVELERS' LETTERS OF CREDIT
A VAILABLE IN ALL PARTS OF THE WORLD.
Quotations f urnUlied for purchase, sale or exchange.

MacDonald, McCov
MUNICIPAL

&

Co.,

AND CORPORATION

BONDS.
171

La

Salle Street, Chicago.

Water

CITY OF HARTFORD, CONN.,
30-YEAR SCHOOL DIST. S^s.

&

Niver

Co.,

National Banlt

BONDb,

•

Carbondale,

111.,

Electric Light

.

LIST ON APPLICATION.

111.,

Electric

Light

1st 5^28,

Robinson,

111.,

Heat Co.

Water Light

&

5s.

WILLIAM C.THOMPSON CO.

172 Washingrton Street,

CHICAGO,

1st 6s,

Monmouth,

B'Id'ir.

T. B. POTTER,
MUNICIPAL and onkinc

CORPORATION

,

1st 6s,

CHICAGO,
1st

City of Wallace, Ida., Sewer 6s,
Charleston, 111 Light, Heat &

Power

Price upon application.

Trowbridge

4^2S,

ILX.S.

First National

Bank

CHICAGO.

Building,

—

—

:

THE CHRONICLE.

1298

mature one- tenth yearly, A certified check for $1,000 must
accompany proposals. Accrued interest is to be paid by purSnasex Connty (P. 0. Georgetown), Del.—Bond Sale.— On
June 18 the $50,000 4^ coupon bonds were awarded to E. D.
Shepard & Co., New York, at 104 31. For description of
bonds see Chronicle June 15, p. 1203.
Syracuse, N. Y.— Bond Sale.— On June 24 the six issues of
S}:4% 1-20-year (serial) bonds, aggregating $166,000, were
awarded to N. W. Harris & Co. and Farson, Leach & Co.,
New York City, at 102'188, or a basis of 3-2585f. The $50,000
3^5^ 1-5-year (serial) Columbus Park bonds were sold to Jos.
E. Gavin, Buffalo, at 103295. This latter bid was on a basis
of but 2'70^, if price furnished us by the City Treasurer is
correct.

Following are the bids
& Co. and Farson, Leach & Co., New
:

N. W. Harris
year bonds

ff50,f0>
25,0(10
I

York, for $166,000 1-20-

J02188

Columbus Park bonds

102-895

park bonds

102-0ti5

11,000 bridge bonds

102-12
102'09
102*065
102"1Z6
102-145
100-12
101-93
101-63
I01-)9
102-17

hose-house bonds
3n.0<i0 engine house bonds
38,000 library boPds
60,000 school bonds
W. J. Hayes & Sons, 1-5 Tear bonds
1
20-year bonds
Cleveland
Allen. Sand & Co.. New York, all or none
Co., New York, for all
K, L. Day
Denlson, Prior « Co., Cleveland, for $50,000 school bonds
Jos. E. Gavin, Buflalo,

7.C0<i

^

i\£;

For description of bonds see Chronicle June 22 and
June 15.
TltusTille, Pa. Bonds to be Issued. We are advised by

—

the City Comptroller that about $20,000 i% 1-10-year (serial)
and $6,000 d}i% 10-20-year (optional) paving bonds will be
sold to local parties between this date and September. Interest will be payable semi-annually at the office of the City

Triangle School District No. 10 (P. 0. Whitney's Point),
N. Y. Bond Offering. Proposals will be received until 12
M., July 8, by David L. Maxfield, Clerk of the Board of Education, for $9,625 4^ coupon bonds. Securities are in denomination of |500, except one bond, which is for $625, all being
dated Aug. 1, 1901. Interest will be payable annually on December 1 at the Binghamton Trust Co., Binghamton, N. Y.
Principal will mature $625 in Dec. 1, 1902, and $500 yearly on

—

December

1

from 1903

to 1920, inclusive.

The above

fVoL.

will represent the total indebtedness of the district. The
assessed valuation in 1900 was $307,716.
Tallahoma, Tenn.— Bonds Fofed.— At the election held
June 6 the proposition to issue $25,000 hi 5-20-year (optional)
water bonds resulted in favor of the bonds. The date for
the sale of these bonds has not yet been fixed.
Twiggs County, Ga.— Bonds Defeated.— At the election
held May 28 the proposition to issue $25,000 court-house and
$10,000 jail bonds failed to carry.
Utica. N. 1.—Stock IS'ot Sold.—The 2,000 shares of the capital stock of the Utica Clinton
Binghamton Railroad Co.
offered for sale on June 25 were not sold, as the only proposition submitted (a bid of 110 made by John G. Gibson of
Utica) was considered too low by the Mayor.
Watertown, Mass.— Temporary Loan.— On June 26 the
$50,000 loan in anticipation of the collection of taxes was
awarded to Geo. Mixter, Boston, at 3'05^. Loan matures
Nov. 1, 1901. Following are the bids

&

:

Geo. Mixter, Boston
J ose, Parker & Co., Boston.

3-05*
3-27%

EXCHANGE,

City, at 110*57— an interest basis of about 3*275^.
For description of bonds see Chronicle June 1, p, 1098.
Weld County (Colo.) School District No. 6.— Bond Sale.—
This district has sold to E. H. Rollins & Sons, Denver, the
following bonds
$21,000 4>^% refunding bonds, in denomination of $500.
June, li<2l, subject to call after June, 1911.

E. C.
The exchange ia prepared to entertain
proposals lor introducins South African
and Rhodeslan shares in America.
Only flrst-class propositions.

Investment Securities

E. H.

Wilbiusburg, Pa.—Bond Election.

. .

I

I

1

I

For description of bonds

Service

DJHW YORK,

-

&

PHILA..

-

-

1 NASSAU
112 so.

BOSTON.
San

PRIX.

IN

WHITING'S STANDARD

PAPERS.

ever received this— the highest nonor that can be
It means they are the most perfect
conferred.
made. Insist on having them for your fine correspondence and your office stationery. Are you using
WhltlnK's :L«dger Papers in you Blank-Book ?
Samples and t)ooklet free.

WHITING PAPER COMPANY,

LISTS.

FINANCE COMMITTEE:
James R. Plum,

And

150

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Leather

Assets, over 8^,000,000.
Insurance In Force, over $40,000,000.

MUNICIPAL
Netting from

Devonshire

St.

^^^.^^

BONDS*

Choice Issues.

Street Railway and Gas Companies.

GENUINE
WELDED CHROME STEEL AND IRO^
Bonnd and Flat Bars and 6-ply Plates and Anslei
FOR SAFES. VAULTS, &C
Cannot be Sawed, Cut, or

drilled,

and positively

Burglar Proof.

CHROME

STEEL. WORK.8.

Kent Ave. Keap and Booper Sts.,
SsieMan'f'erglntheU.S. BROOI&LiYII, N.lf.

to 6^

116 Dearborn

always on hand.

St.,

CHICAGO.

Send for our Investment Circulars.

TRANSMISSION ROPE.

CORDAGE
M
S

BOSTON,

3K

DUKE M. FARSON &CO.

^

BANKERS,

BONDS

and

CORPORATION

Duane Street, New York.

MASON, LEWIS & CO.

LIST ON APPLICATION.

...

and successful Agents who desire
make VIRJECT CONTRACTS toiththia
well-established and progressive Company,
thereby securing for themselves not only an

SECURE BANK VAULTS.

MUNICIPAL
RAILROAD
CORPORATION

YORK.

Geo. H. Burford, President.

131 Enclld Avenue, CleTeland.

tiO

Insurance Co.
THE CITY OF NEW

HOIiYOKE, MASSm

§ Excbange Place, Boston.

Blenadnock Balldlns,

States Life

immediate return for tJieir worh, but also
an increasing annual income commensurate with their success, are invited to communicate with ItlCBAJRD E. COCHRAN,
Third Vice-President, at the Company'9
Office, 277 Broadway, New^TorJe City.

They are the only American papers which have

Bonds.

CHICAGO.

1901.

ST.

DXAZES8 IN

SEND FOR

1850.

Active

BTRBBT.

DENISON, PRIOR & CO.
Grade

p. 1099.

to

WAS AWARDED AT THB PARIS EXPOSITION TO

High

1,

Geo. G. Williams, Pres. Ohem. Nat. Bank
Builder
Francisco. John J. Tucker,
E. H. Perkins Jr., Pr.lmp.dtTrad. NatSk.

CO.,

FOURTH

Chronicle June

MISCELLANEOUS.

OorDoration

BONDS.
ROLLINS & SONS,

Denver.

see

The United

BONDS A SPECIALTY.

EDW. C. JONES

election will be

1

.

8A¥INGS BANKS and TRUST FUNDS
b%

—An

:

THE GFIAND

FOR

matu re

held August 6 to vote on the question of issuing bonds.
Youngstown, Ohio.— Bond o'a/e.— On June 24 the $12,C00
5% sewer bonds were awarded to the Dollar Savings & Trust
Co., Youngstown, at 107-766— an interest basis of about 3-50^.
Following are the bids
Dollar Savings & Tr. Co
$12,932 00 W. R. Todd & Co., Clncin...*$12,750 00
12,931 00 Peder. Holzman & Co., Cm....* 12,725 00
R. McCurdy, Youngstown.
Denlson, Prior & Co., Cleve..*12,904 80 Lamprecht Bros.Co., CI eve..* 12,687 50
Seasongood & Mayer, Cincln.*J2,886 40 R. Kleybolte & Co., Cincln... .*12,660 00
W. J. Hayes & Sons, Cleve..*12,815 10 Security Sav. B'k & Loan Co. 1-2,660100
Kirst Nat. B'k.Barne8vllle...*l>!,401 00
* And accrued interest.

AND

LONDON,

Principal will

4H% funding bonds, in denomination of $1,000. Principal -n ill mature
June, 191(5, subject to call after June. 19i'6.
1,000 IHsS building bonds, due June, lyl6, optional after June, 1906.
5,000

MUNICIPAL
Public

8*503»

I

New York

issue

Ld.,

Bankers and Exchange Agents.
HEAD OFFICE:
Basildon House, Moorgaie Street,

Eliot National Bank, Boston

I

Watkins, N. Y.-Bond Sale.— On June 20 the $20,000 i%
20-year water bonds were awarded to Geo. C. White Jr.,

INVESTMENTS.

LONDON AND PARIS

LXXH.

M
n

J

strgT SPECIALTIES.
E

THE AMERICAN

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M
o
H

MANUFACTURING
COMPANY,

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