The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
(E n te re d a c c o r d in g to A c t o f C on g ress, la th e y e a r 1 89 9 , b y th e W i i . l ia m B. D a n a C o m p a n y , in th e o ffice o f th e L ib ra ria n o f C o n g r e ss .]
VOL 68
SATUKDAY JUNK 3, 1899.
C L E A R IN G H O U SE RETURN S.
For the month of May the clearings make a very
satisfactory exhibit. Contrasted with the month of 1898,
the aggregate for the whole country records an excess o f 56 0
per cent. For the five months the gain is 48’2 per cent.
if.in.
The week’s total for all eitlea shows a gain ot 5*2*0 per cent
over 1898.
Theincrease over 1897 is 102*1 per cent and the
increase over 1896 is 186*5 per cent. Outside of New York the
excess compared with 1898 is 20*3 per cent, the gain over
1897 is 4S.4 per cent, and the excess over 1896 reaches 68*6 p. c.
Itw Mr-/nth».
I F « k ending M ay 27,
Clearing# at—
New York..--. A
Philadelphia.
P ItUbarg.......
Baltimore-----Buffalo
..
Washington.R ochestar......
New York..............
Philadelphia..........
PltUbur*.................
Baltimore........— .
Buffalo................... .
W ashington-..........
R ochester..............
Syracuse ................
S cranton...............
Wilmington. ........
Binghamton............
T otal M id d le ....
Bouton....................
Providence., ..........
H artford.................
New H aren............
Springfield.............W orcester.........
P ortla n d ,..............
Foil River..............
Lowell............ ........
New B edford........ .
Total New E ng,..
Byrsense.----
Scr n^on ......
W ilm ington...
B ingham ton..,
T otal Middli
Boston
Providence.,.
H artford ...
New H a ven ..
Boric afield. ...
Wocpwrter..*.
Portland........
PaII Biter.
LoirjL .....
New Bedford
T otal N. Engj
2,22*. *02,07*
12,00
r n .m i .4 d i ;
1A1.7P7.MO
WVIAI.P3*;
*M *2-6«h
64.0*4,611
66,079,459
40.151,007
19.W7U.2n
lA.9MI.b0i
6371,4 0
C hicago........
Cincinnati. .
D etroit........
O c v eland—
Milwaukee,..
Col um h a t ......
Indianapolis..
P e o ria . . . . . . . . .
T oledo . . . . —
Grand Rapid4.
Dayton
Yoaawntowu BprlngfteldUlL
Lexington.
A kron.----Kalamazoo
Baglaaw
..
R ock ford ___ I
Springfield.......
Canton ... *. f
Bay City*.. ...I
Tot. M.Wwrti
4.4Su,&3& r U '0
3.198371,740 rX0 7
330.P74.P53 +10*5
83,117092 rtl#6
3SUO3.803 “ 12*1
8*j,58 ,440 t-18 3
80.03.*, 5 471 -1*A
17.210,432 t87 4
19,031. U4[ ~U 9
10.799,70?! +U U
4302,184 f + * * ■ »
8. 399. 40* j
615,152.631' T P *
Total Paciad
833.009/68, +19
1. *,048316
n;.o*H,8tsjl
+8 8
-6 0
79.438,031 +14*1
60>*r.X31 +0'v
44.421.732 + 24'2
80300,013
+0*7
10.2PJ.101 +28*9
Chstht,....
f t . Paul........
D en ver...........
St. Joseph. ..
Dee Moines*...
Davenport, ..
Bln nr C ity .,..,
Lincoln*..........
T o p e k a .. ... ..
W ichita.........
FfetnonC __
H astings. . ... .
To! oth ’ c W
14,*V5«.718
79i . l l 2 .sQl + 5*5
138.36Ot$S0‘
33,27«.*72
8S.*68.«02|
603, *03,883
3*4.4*0,084
140310,583
60,70 ’.600
60,619.337
48.i*43,e0e
61,409^00
53J 91,460
+18*1
-6*1
+1»*2
+0*8
~V1
-1 * 8
833-3
—19*8
+7-4
26, 170 043 + » '»
20,448.0o8|+102
Knoxville
Fort W orth..-!
Birmingham..
M aconLittle Ra^k.
Chattanooga..
Jacksonville...
Total South j 3 '
Total all. .. ;S,*lr.<P2,o6v
Outside N. Y i / m .
. . .
+21*0
11.508,461
10,0*1*882 + 8 0
8.628, Hu + 1 4
2.406,092 T 17 8
Aafttstl ......
I •
■•83 7
1-AT
rln-6
t-!2 0
+1‘l
+0 2
^i a a
^27 3
+**»
i.QftS.ttts ri6*3
K»n«** City— )
Minneapolis..
Montreal- ...... |
>-205
b.*6*.4<!0 —7 8
6.303,700 31 7
6.5*5.066 >V0
5.S6*t*4$ t-17*4
4.-4 ,345 + »T 0
Fargo .........
won* ran#.. J
9t. Loafs........
New Orleans
L ouisville......
Galveston
Honitim -.
Savannah,
Richmond.
M em phis..
Atlanta ...
Nashville..
Norfolk
+21 1
r 18*U
7,uh7,2 0 *1- 4
Ban FrancDco.
Salt Lake a r y !
Portland. .. . . .
Imm Angela*..
Beattie
Bookan#— ,,
Tboom*».
H e le n a .........
71,777.
Winnipeg.,
H alifax ... .
H am ilton,...
St John
Can ad*. T o t 1
■ H ■ lb*
* T a b le c le a r in g # b y t e le g r a p h p , 10-5fJ.
VO 1771.
16,0:8,500 +2*8
11,117 434 +-0 4
19.007,944 + 4*7
10.167.205 + U *9
12.604,000 “ 14*5
8.200.108 “ 0 1
7,467.212! - 0 9
___ 4,830,2 1 ’ ± * 2
1,379.7 6,588 + 7 0
27,631,510,23^+432
10,902.603,078 + 0 4 8
291.19 MAP +13 8
177,078.8 rl +16*7
fl2 7 '.<fi 276 + 7 0
It,2 0.560 + 8*7
14,603552 +10*6
lt.350.43u | +9*0
661,731^33+18*7
* Reports discontinued.
C in cin n a ti.......—
Detroit...................
Cleveland............. .
Milwaukee..............
Colom bo#...........
Indiana pul I** .. . . . . .
T o le d o ....................
Grand Rapid#.... . . .
Dayton........ .
Springfield, HI........
I s lin g t o n ........
Kalamazoo..............
Saginaw. ..............
Rockford.................
Springfield, O h io...
C anton....................
B»J CltJ+..............
Tot- Mid. W w t’n
San F rn n d e co ......
Salt Lake City........
P ortland,..............
Los A n g e le s .......
Seattle .................
Spokane................. .
Tacoma ..............
H elena.............. ..
Fargo........... ..........
Sioux Fall#.............
T otal Pacific........
Kanua# City......... .
Minneapolis............
O m aha....................
St, P ea l...................
Denver............. .
St. Joseph— ... ..
Des Muir..;„.............
Davenport..............
Sioux City...... .
1899.
f
1*831.016,619
86,96^,790
27,747,981
22.97
* 4.107,696
240*0.642
1+57.104
1,00 f.8S4
1,237,-97
790,206
826,70k
1 379,868.414
127,424.060
6,261.700
8,1 In 430
1,422,173
1,463,187
1,4,8 + 43
1,357.89:
1.U24.574
lAA 2 0
400.410
U2.400.001
ll9.8id.S:y
16,810.050
7,780.76'
888
0,607,423
6,342,"00
!,■ ■ » « »
LlKW.OOO
1,626,4 64
M .i.a i
P£4.170
?Cf8,4l7
3-8,10.
«oo.*oo
»> y »w
3.+2 »o0
1*18.18m
2,1.711
S77.»8i
246,034
244,517
f
706 878.309
03,080,439
17.3r-S.H67
1S.8II1.034.403.637
1 751 016
C$33,206
1.04U.385
870,070
$01,776
338.800
883MS.VSW
SO 410,712
4.103,000
L837.016
1,260,732
1.226.602
1 6804100
l 311,01 (5
607,987
63V. tO
470.409
lOi.950.6t 4
118,493.703
12vPt4HM
6 S a i..9l
7,046,657
4.9 -3.02U
8 S67,t,0
8 on,are
1.474,124
2 402,104
888,110
B2i,7Wl
8 1.450
2 8,540
»A>,00i.'
321.476
3"6.7O0
3t%2Vl
200,003
2-5.763
161,413
2U-.L10
175.700^69
1B,C60,343
L»7S,I»6
MCS.ilW
1,00*1,772
1.73M72
1.227,65;
620. *13
6 V,V36
239.33*.
147,729
M dlo . M
12,90e^fi 5
O.itoS.",,.
4 4*54.744
3 »:«.#?&
2917.001
3 400 000
1.20 .-,8-2
711.701
616 726
ItS.VB ,111
13 433.880
is m ,8M
1,6X0,687
1.078. *07
1 133,3 u
80, .000
046. 3u
66V.OI 2
196,607
93,608
20,092.713
lt.13J.73l
0.770.955
6 9*8.612
4.121,4 1
2.034,188
3.068 160
000,15$
CWft.8 is
04:, WW
lb09.
J. C’sfU
1896
602.727,225
45,013.422
11,838,880
18,368,901
3,811.507
2.078.490
i.330.26$
830.824
783.093
676,761
287,100
072.744,520
87,088,406
4,531,200
8,054. *128
1,2.1,91)
1.00S.O71
1.214,463
1.147.155
607.8e2
5 40.600
868.502
SS.S87.2li
£4,081,352
1+6 S.500
4.7&6.H0O
4.907,825
4.2U.3J0
s.ite.o o
2.004.011)
1.282.m
1.132,413
671.103
630,144
419.181,401
61,005,778
13,124,198
11,409,635
4 153.630
1,6(58,478
1.036/SJ
781,888
673,193
611,076
270,200
603 892.588
70.OS7.881
3,070.400
1 534,404
1,076,490
1,18 .957
l,U l,5 i5
000,198
848.117
449.426
412.344
80.908,931
72.6S5.043
10 201,860
4,164,"34
4/60,000
8,431,317
8.2(53.000
1,851.987
1.776,200
1.258,900
508,701
036,212
204,236
206.300
277.543
2 >5.91,
219.W46
118,81b
174,000
2C8.015
206,600
249.(22
209,198
194.783
112,631
165,302
+10*5
+19*7
121,290,761
11,618,000
905.902
647.862
959,02b
617. 82
011,910
5/2,783
460,000
101,055
36.01+8
17.537,885
10.982,202
6,0W4t.C>s6
+684 476
3,834,2.2
2.096,245
1,318,304
03 ,515
419.2I-8
505,929
105 69*3,050
11,673,288
1.240,386
01*0.385
850,342
448,586
816.306
$05,' 00
600,166
140,004
73,972
16 480,649
8.048,812
6 40 .632
8 016,718
3 006,470
2.293,254
073.852
7( 7 /6 3
629.210
381,143
303,555
463.187
66,210
63,450
82,407,104
24.108,171
6.183,487
6+86,602
1,819,500
2. •'*67,780
1,511,093
1.630,821
1,345,6c 6
1.011,866
875,87ft
830,033
660,407
421,401
786.464
375.228
400,000
275/54
223,408
187,647
60.411,256
903,428,800
400.701,570
8.776,313
6 43\8*>5
970,420
696,301
480,804
477.4S3
310,600
471,200
67,216
67,674
26.752.847
14.982,248
6.811,749
3 /8 5 /8 0
1.661,212
1,643/70
1.818.300
1 980.933
1.070,615
937,814
802.906
828.227
473.725
437/06
307,619
38",320
+2*6
+4 J*
+M-*
7-W’ l
—lfc 1
+ 19*6
+21*0
+36*o
+29*7
+16*0
—. i
—26'«•
—3*m
—0 2
+ 1 m8
•+20*4
+ 6*3
+20*»t
+18-J
061.551
679+23
+6 6
431,572
460.-09
-22-3
101,*5*0
13H /8 i
+ 8 ‘J
121,032
112,07*)
+1*0
41,039 123
40,6*0,123
+00
2S 014,6*7
26.4*0.214
+ 7 0,
6.639.2K
7,00. ,000
+18 7
6."7 -,749
7.214,570
2812.660
2 338,390
+2 1
2.3'Xf.OoO
2 360 J>00
+#'6
1,010,204
1,781. ISt
2.113.889
2 048.074
+—6
3-J?
6
1.6V0
1.701,828
+
17-8
1,024,614
1,200, 85
+19 0
89rt.,'^2
1.069.462
+11 ■«
960,830
1 073,14?
+S0-7
427,17(1
68I.PJ6
65.',809
402.18*
+ 2»-‘
-1 6 6
817.357
950,836
+42*0
460,043
639 819
+
sa«
34H.O00
4-5.000
Little R ock.............
326.279
273.8 M +18+
+30 1
Chattanooga...........
420,000
806,02
+11 6
»i6,?6
Jacksonville...........
230,889
+10*6
Total Southern...
66 640.3 jo
61.541 464
Total all........ .
+53 0
t.826,720.967 I.S01 613.667
+20 3
Outside N. York. 686 205.345 404 734,308
v l6 4
1* .928.631
12 60**.804
+21 "5
6.016,513
8 073,4lo
-2 0 7
1 JJ1.66) ,792,'.'»8
+8 2
1,013,481
1.096 808
636.9 'S
612.18J
+1**0
—2*2
62 ,244
609.53*
702.; 10
Victoria*.,..............
760,000
V ancouver*.........
21 437,846
+ 13 *
24,310,241
T ola ! Canada......
* Not Included in totals. ♦ Publication discontinued. t
Topeka.................
WlobltA....................
F rem ont...........
H o s t in g # ....,........
T ot. other W e it„
St. Loul#................
Now Orleans...........
Louisville................
Galveston................
Houston— ...........
Savannah...............
Richmond...............
Memphis..................
Atlanta----. . . . . . . . . .
Nashville...........
N o r f o l k - ...........
Augusta,..............
K noxville................
Fort W orth.............
B irm in gh a m ........
1897
+7AS
+24-1
+ 60 8
+21 6
-~4?
+2w*l
+13
—3*6
+3+7
-1*7
—3*6
+67-6
+40 0
+23*8
+ 14 0
+12*0
4-13 6
+ 11 6
+11*8
-to s s
+4 C
—1674
+38*1
+5 0
+ so8
+321
+81*4
+39'3
+4P*6
+!•»
+22 1
—32 8
+ 16 6
+ 1 /0
—il*6
+48 4
4g 9
7-21 8
■tUi 6
—1 8
-5 9
+ 53 7
223.432
168,850
270,641
Si 464,505
772.049,008
352.837,607
8.858,380
6,538.133
650,210
871,285
487,095
10 69P,0E 9
16,000,066
CL House dtacoutlnued
1048
THE CHRONICLE.
THE F IN A N C IA L SITU ATIO N .
Wall Street business only began this week with
Wednesday. Neither sentiment nor conditions im
proved during the holidays. When the Exchange
opened the Ford bill looked just as formidable as
when it closed the previous week; the anti-trust leg
islation and agitation in so many States exhibited the
same animus against industrial combinations; while a
reported worse state of the crops, the higher rates for
foreign exchange, some less favorable returns of rail
road earnings and a case of yellow fever in the South
all tended to encourage forebodings. Under such
surroundings, out of which more or less could be ex
tracted to the disadvantage of almost every class of
security, what could be more natural than the heavy
declines in the market ? Evidently the field was ripe
for short sales, and the bears held carnival.
But at the same time there was another possible in
terpretation to the outlook. What we have nameu
were in part surface indications, of temporary influ
ence. Underneath these were industrial conditions
of unusual strength. A few short months or even
weeks ago sentiment was swayed by the latter wholly,
excluding every unfavorable contingency.
They
gained partial recognition again Friday in the reac
tion of that day. At present, though, they are in
good measure held in suspense. Some of the influ
ences we have mentioned have such a tendency— as
for instance the higher rates for foreign exchange,
followed as they were on Thursday by the announce
ment that the National City Bank would ship
<*1,000,000 gold by the Lucania sailing to-day; the
Ford bill with its possibilities of oppressive execu
tion; and the crops subject to so many casualties all
througn the summer and early fall during the process
of making. There are likewise others. The chief among
these has arisen out of the fact that in the buoyant
period the price of securities was so high that the best
bonds and dividend-paying stocks earned little more
than 3 per cent on the purchase, and a large
class, with an outlook of promise—though the
earning power of which was still undemonstrated—
followed not far behind.
It is no wonder that
Europe, preferring home investments paying about
the same rate, gave us our best stocks and bonds and
some of our reorganized properties in large quanti
ties, while even American capital in considerable
amounts found quasi fixed forms of lodgment at
London and Berlin. All this transpired too while
industrial securities were being multiplied in large
numbers and marketed at home. It is not so much
a question whether these new issues are good or not
and whether these that have been returned to us from
foreign holders are still selling at too high a figure.
The problem before us is to permanently place those
that have been issued or returned, and that effort has
for many weeks involved continued liquidation, re
sulting in successive declines in prices, striking a
lower level after each reaction.
It is getting to be quite a serious question, why it
is that the cycles of buoyancy in this country must
be so extreme and so short. Some claim that they
are the necessary belongings of a vigorous youthful
nation with large resources; that youth is always dis
counting the future in an over-sanguine way. No
doubt the experience had would in the absence of any
[V o l.
L xviii.
other explanation favor such a solution; and yet we
think few will be willing to accept as conclusive that
interpretation. * The fact that we quickly overdo
every combination of favorable conditions and then
have to suffer a period of retribution for
our temerity cannot be denied. This has be
come obvious through the many reverses of recent
years. We need go back no further than 1879 for a
series of instructive illustrations. Study, for ex
ample, 1881 82; study again 1884-85; then again
1888-89; and again 1892, etc.; finally, study the cur
rent developments. No other nation has such a finan
cial history; the course of the malady seems to be a
short, feverish excitement, then quickly following
this is a corresponding reaction. In Great Britain
and elsewhere among the leading nations there
are to be sure times of liquidation, but they are
much less frequent and very seldom if ever so
extreme.
We only began our present cycle of
buoyancy last autumn and the movement did not
get well under way until about six months ago. The
financial condition of the country was then more
flattering than almost ever before in our history, and
still we are now struggling under a severe interrup
tion to our prosperity. There is no industrial reverse
or bankruptcy present or pending, and the period
of the reaction promises to be a comparatively
short one. But long or short, it is real, and has
an inciting cause; one too which we believe can
be cured.
Some disappointment has been expressed because
several returns of railway earnings received this week
for the month of April have shown a quite heavy
augmentation in expenses, thus wiping out con
siderable gains in gross receipts.
This has been
treated as if it were a general condition, and all
sorts of arguments have been advanced to ac
count for it, some writers
suggesting as a
possible explanation that freight rates must have
been seriously cut, when, as a matter of fact,
rates have not been so well maintained, taking the
country as a whole, for years. The truth is, the cases
where there have been heavy increases in expenses are
very few, comprising not more than a half dozen com
panies all told, and in these instances the augmenta
tion has been so very decided as to suggest a special
cause in each case to explain it. Moreover, large
numbers of roads have revealed precisely the opposite
state of things.
On the Pennsylvania Railroad
the addition to expense accounts has not been so mod
erate for months. The Louisville & Nashville, with
8144,095 increase in gross has added only $26,223 to
expenses; the New York Ontario & Western earned
$99,294 more gross, with an additional outlay of only
$26,490; the Central of Georgia enlarged its operating
expenditures only $30,520 while increasing its gross
receipts $76,742; the Norfolk & Western, while gain
ing $ , 2,092 in gross, has actually managed to reduce ex
penses $9,317, and the Cleveland Cincinnati Chicago
& St. Louis has also reduced its expenses. What is sur
prising is not that operating outlays arc growing, but
that the addition has thus far (outside cf a few special
roads) been on the whole so moderate. It is well to
remember that a gradual expansion in this particular
can hardly be permanently avoided.
The roads are
doing a much larger volume of business. Besides
this, steel rails (where delivered on new contracts)
cost more than a short while ago, and many other
JCXE 3, ISflfi. I
THE CHRONICLE
1047
items of materials and supplies that enter into the years, when the chances of disaster are reduced almost
to the vanishing point.
operating accounts are also higher.
While the Stock Exchange markets continue de
pressed, industrial affairs remain in a satisfactory
state and business is large and active. The trade
records for the month just past furnish new illustra
tions of the truth of this statement. We have compiledgour tables of bank clearings for May, and they
Bhow a ratio of gain over last year almost as large as
that in the phenomenal record for the previous
month. Taking the country as a whole, the total of
the bank exchanges for May 1899 is 8,328 million dol
lars, against 5,339 millions in May 1898, an
expansion of 56 per cent; for April the amount
was 8,279 millions, against 4,976 millions, an
increase of 66 per cent.
Of course the ac
tivity of Stock Exchange speculation here in New
Y ork accounts very largely for these exceptionally
heavy ratios of increase, and for May the volume of
business on the Exchange was not quite so large as
for April. But even outside of New Y ork, where
stock speculation does not count for much in the re
sults, and where also financial transactions do not
play the prominent part they do here, the ratio of gain
i3 very large. For the last three months the percent
ages of addition have been: May, 27-8 per cent; April,
28 2 per cent; March, 26*7 per cent. There was an
advantage in May the present year in the fact that
there was one more business day (the month having
contained only four Sundays against five last year),
but on the other hand the increase of 27 8 per cent
in that month came on top of 18’9 per cent increase
in the same month la3t year, whereas the 28-2 per
cent gain in April followed only 13*3 per cent gain
in 1898,
We have referred above to the fact that the Penn
sylvania Railroad shows this time only a moderate in
crease in expenses. The company’s statement is all
through very favorable. On the lines directly oper
ated east of Pittsburg and Erie there is #303,200
increase in gross and #107,100 increase in net, while
on the lines west of Pittsburg and Erie there is #194,600 gain in gross and #162,600 gain in net. For the
combined system, therefore, the
improvement
amounts to #497,800 in gross and to #269,700 in net.
Bearing in mind that this follows #820,800 gain in
gross and #69,900 gain in net in the same month last
year, it is evident that the Pennsylvania is getting its
share of the advantages resulting from the revival of
business and the buoyancy of the iron trade. In the
following we compare the gross and net earnings of
the Eastern lines for a series of years past.
I.IS 13 B49T o r
P rrrsB i-a o.
*
1899.
i 3*8
1307.
18*0
1805.
1804.
April.
•
t
•
f
»
1
Q w > earning*. .. 5.061.372; S.JS'UT* 5.011.072 5,132,272 5,203,472 4.701,010
Operat’g expenses. t.oso.om 3,833,004 8,600,004 j 3,706,404 3.604.004 8,306,187
Net earning#..-
1.031,30# 1,544,208 1,611.3CS 1,320.808 1,511,408
1.307,840
Jan. 1 to AprUBX
Gross earning#..... 5tti**S.3W SP.7IS.10® 10,3 S.'S00 20,026,00 0 19,430,000 17,838,528
Opera!'g expense* 10,004
15,043,081 13.707.781 j14,010,081 14,201,681 18,043,722
Not ootroimr*.
5 87*.0*fc
6,000,328 5,166,328 4,704.800
Money on call, representing bankers’ balances, has
loaned at 1$ Per cent and
3 Per cent during the
week, averaging about 2| per cent. There was no
market on Monday or Tuesday. On Wednesday and
on Thursday the range was from 2 per cent to 3 per
cent, with the bulk of the business at
2 f percent.
On Friday the transactions were at l£ per cent and
per cent, with the majority at 2| per cent. Banks
and trust companies quote 3 per oent as the mini
mum, some of tho latter, however, loaning at 24 per
cent. Time money is in plentiful supply, with a good
demand for
long periods.
Quotations are 3
per cent
for sixty days to four months and
3}
per
cent
for
five to six months, or
even (or longer dates, on good mixed Stock
Exchange collateral. Loans on a fair admixture of
railroad properties and interest-paying listed indus
trial stocks can be readily made at 4 per cent for four
to six months. The offerings of commercial paper are
only, moderate and some banks report that rarely
have they seen so little dry goods paper in the market.
The demand is excellent not only from city but from
out-of-town buyers, and it has been notably good from
the East this week. Rates are 3^@3| per cent for
sixty to ninety day endorsed bills receivable, 3£@4
per cent for prime and 4@ 5 per cent for good four to
six months’ single names. Some choice single name
paper maturing at the end of the year has sold at 3£
percent. The banks report a little more currency
moving in this direction from near-by points; other
wise the movement is not important. Institutions
with large correspondence note an inquiry, prelimin
ary to borrowing in the near future, from distant
Western points, but as a rule the interior banks,
especially in large cities, seem to be well supplied
with funds.
The satisfactory state of trade is also strikingly
shown in the steady dwindling of mercantile failures.
High prices and a large volume of business naturally
diminish the commercial rate of mortality.
The
monthly record of failures which Col. W. M. Grosvenor prepares for Dun's Ileview is very instruc
tive just now as indicating how notably favor
able the situation has become in this particular.
In reviewing the results for April, we pointed
out that the failures for that month had been
for the amount of only $5,790,096, being the small
est total of any month o f any year since the
monthly records were begun in 1893. But for May
Colonel Grosvenor now finds an aggregate of bat
13,820,686, this comparing with a total of #11,130,079
in May 1898, #11,319,389 in 1897 and #12,296,348 in
1896. In number the disasters were only 581, as
against 955 in the corresponding month of 1898,
936 in 1897 and 917 in 1896. Colonel Grosvenor says
a good many people watch these returns with only lan
guid interest, as if they concerned only the accidents of
commerce. But business has two poles, payments
and failures to pay. When the proportion of pay
ments is small, it does not matter so much what else
is prosperous or promising. But when engagements
are large, and are met $99*95£ in every #100 of solvent
payments, the conditions existing are not only rare
and fine for the present, but full of assurance for the
future. It is at such times that men can take large
matters in hand with the utmost confidence. We
The European political situation remains un
have reached one of those exceptional periods in busi changed. The Bank of England minimum rate of dis
ness, he points out, which scarcely come in twenty count is unaltered at 3 per cent. The cable reports dis-
1048
the
[vol . l x v i i i .
c h r o n ic l e .
daily posted rates for exchange by some of the lead
counts of sixty to ninety-day bank bills in London
per cent. The open market rate at Paris is ing drawers.
D A IL Y POSTED RATES FO B FOREIGN EXC H A N G E .
2} per oent and at Berlin and Frankfort it is 3£@3J
WRD.. T h t h . FBI..
T ors
MO»
per cent. According to our special cable from Lon
May 26 May 29 May 80. May 81. June 1 June 2.
don the Bank of England gained £423,385 bullion
86*
86*
80*
(00 days. 4 S6*
Brown Bros..
89
9
60
8 8*
\ Bight... 4 68*
during the week and held £30,140,856 at the close of Baring,
87
l
7
87
EO*
(00 days. 4 8 0 *
89
69
89
88*
=8*
the week. Our correspondent further advises us that Magoun St Co.„\ Sight... 44 80*
87
86*
80*
t7
___ British
}00 days
Bank
89
89
88*
c
8
*
4
=
8
*
No.
America..
tBight...
the gain was due to the import of £13,000 from Aus
80
86*
8C*
86*
<
Bank of
(00 days. 4 SO
68
88*
86*
86*
a
tralia, to receipts of £430,000 net from the interior of Montreal........ <Sight.. 4 88
86*
86*
se*
8 6*
2
Oanadlan Bank (00 days, 4 8 « *
89
89
89
88*
Oreat Britain and to the export of £20,000 to various of Commeroe.. ( 8lght.... 1=8 *
o
90*
87
87
87
a
Heldelbach, lek- (00 dayi 4 r 0 *
68*
89
89
89
elhelmer A Co. ( Bight... * 8 8*
countries.
A sharp advance in foreign exchange on Monday
and the strong tone on Wednesday gave some color to
reports that gold exports were imminent.
There
were various estimates regarding the gold-exporting
point, but the consensus of opinion seemed to be that
gold could not be exported at a profit below 4 89 for
demand sterling, and some bankers were inclined to
the view that even at that figure the export movement
would not be profitable unless, indeed, the price of
gold at London and the open market rate of dis
count .should advance under such conditions as to
indicate more or less permanency. Both the price of
gold and the London discount rate were therefore
watched with some degree of interest by dealers in
exchange and with some anxiety by those holders of
securities who were fearful that gold exports would
imperil their interests in the stock market. Suspense
was ended on Thursday afternoon when it was an
nounced that the National City Bank would ship
11,000,000 gold by the Lucania Bailing to-day (Satur
day). The tone of the market grew easier after this
announcement, indicating that the urgency of the
demand for remittance had at least been partially sat
isfied. Rates were not quotably lower, however, but
on Friday they fell off.
4 80*
Luard Frere.... { g?Khtf.*' 4 = 8 *
Merchants’ Bk. ( 00 days 4 = 6 *
*88*
of Canada....... \Sight...
87
89
80*
86*
l6*
6 8*
8 0*
88*
17
9
86*
fcS*
•>7
i9
The market closed easy on Friday at 4 85|@4 85£
for long, 4 87f@ 4 88 for short and 4 88^ @ 4 88f for
cables. Commercial on banks 4 85@ 4 85£ and docu
ments for payment 4 84^ @ 4 85£. Cotton for pay
ment 4 84£@4 84f, cotton for acceptance 4 85@4 85i
and grain for payment 4 85£@4 85£.
The following statement gives the w e e fs movement
of money to and from the interior by the New York
banks.
Week Ending June 2 , 1889.
Received by Shipped by
Zv. Y. Bank*. N. Y. Bank*.
N et Interior
Movement.
Currency.............................................
4Old.......... ..........................................
15,049,000
1,897,000
$3,103,000 Oatn.S2.486,000
079,000 Oaln. 1,218,000
T otal g old and legal te n d e rs....
$7,546,000
13.849,000 0aln .f8 ,7 04 ,00 0
With the Sub-Treasury operations the result is as
follows.
Week Ending June 2,1899.
Into
Bank*.
Banks'Interior m ovem ent, as abort
$7,640,000
12,900,000
Out of
Bank*.
N et Change
Bank Holding••
$3,842,000 Gain.S3.704.000
14,700,000 L oss. 1.800,000
T otal fo ld and legal te n d e rs .... $20,446,000 $18,542,000 Qaln. 1,904,000
The following table indicates the amount of bullion
in the principal European banks.
June 2. 1898.
June 1, 1899.
Bank of
Bold.
Silver. | Total.
Bold.
Silver.
2 ota*
The advance in the exchange market early in the
4
£
£
*
*
£
i
England.. ..
30.140,856
30,140.856 37,023,318
37,023 318
week was due to a variety of causes, chief among FTance....
73,005,809 49,214,301 122,8 <0,670 74,078,468 49,145,109 128,823,677
which was the limited supply of bills. Part of the Germany... 30,23°,0C0 15,575,000 45,811,000 28,485,000 14,074,000 48,169,000
96,432.000 5,157,000 101,589.000 111,324,000 4,470,000 116,800 00
Russia
demand was distinctly traceable to remittances for A m L-H ung’ ) 80,015,00vj 12.620,000 48,035,000 34,930,000 12.562,000 47,492,000
11.850.000 12,923,000 24,782,000. 9,834,000 4,334.000 14,108.000
rubber and other raw material, contracts for the pay Spain........
16,820.000 2 460.000 17,760,000 15,260,000 1,931,000 17,187,000
Italy .........
ment for which were maturing. Bankers report com Netherlands 3,836,00 e,803,ooo| 10,038,00< 2.800,000 0,947.000 9,8*7,000
Nat, Belgium. 2,901,000 1,481,000| 4,442,OOf
2,806,000 1,402.00© 4,207,0 0
paratively small offerings of commercial bills, even at
ToLthla week 800,470,166 106233361 400,703,526 317,195,780 95,471.109 <12,668,895
the high prices now ruling. There are, however, T ot.p rev.w ’k 300,227,360 105781170 400,008.630 318.028.126196,581,988 413,'. 03,114
fairly large offerings of long sterling, which is drawn
in expectation of covering with cotton bills later in
the season, and it is probable that these offerings will
CLOSING C H A P T E R OF TH E D R E Y F U S
increase in the near future.
CASE.
Nominal rates for exchange were 4 86 to 4 86| for
The earlier s ages of the extraordinary “ affaire
sixty day and from 4 88 to 4 88£ for sight on Mon Dreyfus” were characterized in such degree by melo
day, but on Wednesday and thereafter they were from dramatic and sensational exhibitions on the part of
4 86£ to 4 87 for the former and from 4 88£ to 4 89 the chief actors in the scene that the cold, calm and
for the latter. Rates for actual business opened on impassive procedure in the final review before the
Monday at an advance of half a cent, compared with higher court comes as a welcome relief.
those on Friday of last week, to 4 85j@ 4 86 for long,
Looking back over the shifting phases of this
4 88@4 88^ for short and 4 884@4 83J for cables. strange imbroglio, it is difficult to suppress the feeling
The tone was strong and it so opened on Wednesday of disgust at the succession of fantastic figures: the
(Tuesday being a holiday), but the inquiry was not “ General Staff” on the witness stand in military
so urgent for long and for short as it was for cables. uniform browbeating court and counsel at the
The demand for the latter, in connection with the Zola trial; the scoundrel Esterhazy peddling his
semi-monthly settlement in London, caused an ad “ confession" from one London newspaper to
vance of one-quarter of a cent, to 4 88|@4 89, but another;. the forger Henry, exposed only through
sixty-day and Bight remained unchanged. On Thurs the interposition of foreigners, after deluding hie
day the market was easier, though not quotably own court-martial and nation with his transparent
lower. On Friday the tone was still easier and rates frauds; the infatuated “ anti-Dreyfusards” collect
fell off one-quarter of a cent. The following shows ing funds for a monument to celebrate the dead
J c s * 3. 1899, |
THE CHRONLCLE.
forger’s crime: Drumont, D6roulede and Rochefort,
with their fanatical band of agitators raising almost
daily nproar against the courts and Government in
the Paris streets; the mock court-martial, convened
to acquit a guilty man ; a President of Prance virtu
ally forced to resign through his discovery that his
subordinates had forged the name of a friendly sover
eign ; the judge of a higher court tossing aside the
ermine, to reappear as a blatant demagogue and agi
tator; the press of a great city uniting to suppress all
news throwing light on the case of an innocent vic
tim— this extraordinary panorama of the last five
years ha3 all the aspect of a nightmare as hideous
as it was unreal. It is only now, when France is
awakening from its troubled dreams, that either the
nation or its neighbors can realize what it has escaped.
That it has awakened to soberness and Banity it owes
first to the instinct of justice and respect for law
which no community altogether loses, even in a
moment of delirium; next to the courageous selfsacrifice of one man of letters who accepted exile
rather than silence, two or three statesmen who chose
political ruin when the alternative was acquiescence
in a great wrong, and one Paris newspaper which
told the truth with a mob at its doors. Finally, it
owes its escape to the vigor with which the pressure
of enlightened public opinion throughout the world
was brought to bear on the Dreyfus controversy.
We do not know any surer proof of the fact that
the Dreyfus case has now passed out of the domain
of political madness than the absence even of an ex
cited public in the court-room as the re-hearing draws
to a close. This week’s proceedings of the Court of
Cassation are conducted with the calm and dignity
appropriate to a high benoh of justice. The presen
tation of the case for the defense is such as should be
expected in a nation where personal rights and liberty
are respected by government and people.
This
prompt return to civilized procedure shows, what had
been doubted at some junoturea of the past few years,
that the established forms of justice in France are
adequate for the protection of its citizens. No sys
tem of government or of legal procedure can pro
vide such protection for a day unless it is intelligently
administered. The Court of Assizes into whose hands
Zola fell a year ago is part of the same judicial system
to which the Court of Cassation belongs. The extra
ordinary difference between the two episodes reflects,
we think, quite as much a change in the publio temper
as a change in the methods of the courts.
We cannot help thinking, after the experiences of
the past few months, that the French Government
and French people will be the stronger for having
passed through this strange ordeal. An episode of
this sort, judged in the light of its final results, is the
strongest possible test of the really dominant influ
ences in a community. It is not strange that foreign
nations should have begun to distrust the perma
nency of French institutions when the Dreyfus im
broglio was in its worst stage. The French people
themselves were beginning to express such distrust.
At present the intimations of the foreign newspapers
a year ago, that a new “ 8t. Bartholomew massacre"
of the Jews in Paris was possible, read like the effu
sions of an excited imagination; yet it must not be
forgotten that precisely such threats were openly
made in Paris. Some of the English papers even this
year have carried to an absurd extreme their predic
tions of an impending French revolution; yet the
1049
fanatics in Paris were laying plans for precisely such
a coup d’etat.
The important point to notice is that as soon as
the French people were brought face to face with a
real crisis, where prompt decision was imperative,
public opinion turned out to be sound. The “ St.
Bartholomew ” rumor was quickly traced down to the
wretched Esterhazy and the half-crazy scribbler who
has been on trial this week for attempting to incite
the army. The people took no interest in the rumor.
The exiled pretender to the French throne appeared
on the frontier, with a bombastic appeal to the pas
sions of the hour, and was laughed at for his pains.
On the very heels of the published prediction that
France was on the verge of the abyss of anarchy and
revolution, the opportunity most of all to be desired
by a strong revolutionary party arose, yet Loubet
was elected in the place of Faure as quietly and regu
larly as any predecessor in the presidency had been
chosen. Not once, but a score of times, despatches
have confidently predicted that, when this or that de
cision should be made by courts or ministry, there
would be a “ popular outbreak” in Paris. Yet
there has been no popular outbreak; the demonstra
tions at such times as the Zola trial, the funeral o f
M. Faure, and the decision of the higher court, testi
fying by their very absurdity to the total lack o f
popular sympathy with the inciters of disorder.
It may perhaps be suggested that the people were
kept down by the careful preparations of the W ar
Office and the presence of the military. But even
supposing this to have been the true explanation, ele
ments of the greatest possiblo reassurance might be
found in that very fact. Not least among the pes
simistic predictions of the period have been those
whioh assumed that the army would rally to the sup
port of the cabal in the General Staff and establish a
virtual dictatorship. But the assertion of the antiDreyfus party that “ Parade, c’est la France,” has
turned out to be true in a rather different sense from
that intended by its authors. It is obvious enough
that, under the existing military system the army
really represents a good part of the active citizen
ship of France. But it very soon appeared, in
the progress of this remarkable case, that the signifi
cance of a citizen soldiery as an institution lay in the
fact that the interests of France as a nation could
readily tip the B eales against the imagined intereetsof the army as an organization. We cannot doubt
that if army opinion had stood solidly behind the Merciers and De Boisdeffres and Pellieux and Gonses, there
would at least have been some formidable outbreak
on the part of the military cabal.
Bat there has been no sign of such a thing; no one
has heard of a military “ ovation ” to these officers,
even at the moment of their triumph. It may at
least be imagined, from such facts, that the
French army is sound in its general charac
ter, precisely as the citizenship of France is
sound. If France itself were not convinced of this,
it does not seem to ub that the constant tributes to
the army by the public would be possible. The en
thusiastic and excited greeting of the French people
to Major Marchand on his return from Africa was
obviously the more spontaneous in that it gave recog
nition to an army officer whose personal honor was
untarnished, and who had really achieved something
for his country without resorting to the intrigue o f
tne War Office. There are unquestionably in th&
1050
THE CHRONICLE.
[Vat. LXVIII.
organized, to compare views with the purpose of mini
mizing mistakes.
Mr. Flint finds a favorable feature in the fact that
(to quote his exact words)) “ the capitalizations of
most of the industrial corporations which have re
cently been formed have been clearly defined and have
been based principally upon the earnings for the past
five years, during the greater part of which time
‘America has been wearing her old clothes.’ ” We do
not understand Mr. Flint to mean by this that, taking
the low earnings of the last five years as a basis, the
capitalization of the new companies has been kept at
a point where these small earnings will suffice to pay*a full return on it. If that were the meaning, weshould hardly be prepared to endorse the statement.
For there can be no doubt that some of the new con
cerns have been capitalized on an inflated basis, and
even under the most propitious circumstances they'
will find it difficult to earn a return on this capital*
not to speak of the restricted profits of the years of
depression. The thought which Mr. Flint obviously
had in mind was that, having only the contracted
earnings of recent lean years to work on, over-capital
ization has been kept within much narrower bounds
than would otherwiss have been the case; accordingly,
that the possibility of danger and disaster is corres
pondingly lessened.
The caution he utters against, banking on expecta
tions of the permanence of the? existing largo earn
ings is very timely. He says that in his judgment
the danger point will be reached when new capitaliza
tion is created based upon the abnormally large e a r r
ings of the prevailing period of prosperity,, and an
A D V A N T A G E S A N D D IS A D V A N T A G E S OF undue advance in the quotations of outstanding se
IN D V S T R IA L COMB I N A TIONS.
curities takes place in consequence of unexpectedly
Mr. Charles R. Flint of this city has delivered an ex favorable statements of profits. Business is active to
cellent discourse on the subject of industrial combina day and promises to be more so to-morrow. Profits
tions. The occasion of the speech was the dinner given are, and for the near future must continue to be,
la3t week in his honor at the Union Club in Boston by large. Add to this the advantages which will
Mr. William M. Wood of that city, when Mr. Flint accrue from
economies
and
other benefits
was asked to speak on the subject of “ Industrials.” secured by consolidation, and statements o f
Mr. Flint is not only broad-minded and conservative, profits will be rendered which will have a
but has a wide practical knowledge of the workings tendency, he thinks, to turn men’s heads. This is
and nature of these creations of modern times, he certainly a danger to be guarded against, and Mr.
having been active in the formation of several such Flint suggests some useful precautions. He says
combinations, and being prominently identified at wise managers of large industrial corporations will
present with a number of them. No one was better charge off substantial amounts for depreciation and
fitted to deal with the subject in a rational and in increase the surplus out of the unusual profits result
telligent way.
ing from the augmented demand and the decreased
Mr. Flint woll says that the organization of large cost of production. Industrial corporations, prop
industrial corporations is the mo3t prominent feature erly organized and well managed, have an inevitable
of the present revival of prosperity. The time has and a necessary advantage in the world’s markets.
gone by, he, contends, when it is necessary to argue But there will ultimately be a reaction from the pres
as to the right of large aggregations of capital for the ent period of unusual business activity. The vital
purpose of industrial development to exist. Every great point is to see that industrial corporations are organ
movement in the world’s progress has been opposed. ized and managed upon sound business principles,
Machinery has done more to benefit labor than all the and do not rush into over-production, and thus help
acts of reformers and governments, yet originally create the conditions of inflation which result in re
the class most benefited endeavored to prevent its action and pauic. What should be preached, Mr,
use. But while combinations of wealth, of judgment, Flint says, is the gospel of steadiness, and the new
of experience, and of executive ability, are now gener corporations are large enough and controllable enough,
ally recognized as a natural evolution in industrial he declares, to make for steadiness in a way that
development, all reflective men appreciate that, as would have been impossible under the old conditions.
mistakes have been made in the development of other
In this last circumstance, that is in the fact that
great institutions, in the State and even in the Church, more ready control is exercised over production, there
so mistakes have been and will be made in the organi is, according to the speaker, a considerable element
zation and management of industrial enterprises. of strength. The severest test of a business system
Accordingly he thinks it important at the present is in times of adversity. But given concentrated
time, when so many industrial corporations are being control there is the possibility of modifying if not
army other officers of equal capacity and integrity.
It is only fair for critics of French institutions to
remember that if the army produced a Henry and an
Ksterhazy, it also produced a Picqnart.
This view of the case appears to us to be a matter
of high importance; for if the army were honey
combed with imbecility and treason, as the Secret
Service and the General Staff have seemed to be, there
would be little hope for the maintenance of France’ s
defensive organization. It would seem that the
course of justice can hardly stop with the return of
Captain DreyfuB, the release and reinstatement of
Picqnart and the exoneration of Zola. There must
be penalty as well as indemnity in a matter of
thiB sort, and the arrosi of Colonel Du Paty de
Clam last Thursday, the chief agent if not the
prime mover in this military conspiracy, indicates
that the Government is mindful of such secondary
duties. The further procedure of the law in this
regard may provide another test for the firmness of
the present French Government and the intelligence
of its people. For ourselves, we do not anticipate
serious trouble in the matter. The sentiment of the
French people is bound to react with a violence pro
portioned to its earlier movement under the lead of
the conspirators. Now that the people have learned
the truth, we suspect that the time is not far off when
the Government will have to exert itself quite as much
to protect the culprits from excessive punishment as
it might have to labor, under other circumstances,
in bringing them to justice.
JuiflB 8, 1899.]
THE
CHRONICLE.
eliminating some of the most serious features of it as
experienced in the past. Under the conditions which
prevailed before these large aggregations of wealth
and intelligence came into being, each manufacturer
in times of depression rushed in to secure as much as
possible of the reduced business; the result
was demoralization. Under industrial combination,
however, each concern obtains its fair share of
the reduced volume of business at fair prices, and the
contraction of business is conducted with the orderli
ness of a retreat of a well-disciplined army. It is
pointed out that nothing in the past has more demor
alized industries than overproduction in periods of
prosperity and the scramble for a market in times of
adversity, resulting in the cutting of prices to such
an extent as to necessitate the reduction of wages and
the manufacture of inferior—one might say counter
fe it-g o o d s. Such competition instead of being the
life of trade is the death of trade, resulting in fail
ures among jobbers, manufacturers and suppliers of
raw material, and even affecting adversely the
bankers.
Industrial combinations are also necessary, Mr. Flint
argues, in order to enable usto maintain our hold on the
export trade. He asserts that over 90 per cent of our
exports of man ufac tured goods is being produced by such
organizations; and tbe only way in which the United
States can extend and hold its position in the world’s
markets for manufactured goods is by securing the
advantages of highly-developed special machinery,
which is only possible through centralized man
ufacture and aggregated capital. Subsidy seekers
claim,
says Mr. Flint,
that “ trade follows
the flag;” merchants know that trade follows
the price and the flag follows the trade. The wars of
to-day are industrial wars; wealth is secured by pro
duction instead of by plunder; diplomats devote most
o f their time to studying trade conditions for the
benefit of their homo industries, and the most valuable
treaties are those of reciprocity and commerce. Not
only are wc dependent for our position in tho world’s
markets upon the existence of large industrial cor
porations, but the wages of the American workmen
can be sustained only by our keeping in the lead in
the development of labor-saving machinery through
centralized manufacture.
To-day the productive
capacity of the labor-saving machinery of the United
States more than equals that of 400,000,000 of people
not UBing labor-saving devioes.
It will thus be seen that Mr. Flint is a careful
student as well as a practical man of affairs. There
can be no doubt that much anxiety has latterly been
felt owing to the rapid multiplication of these indus
trial combinations, their tendency to create fictitious
capitalization, and tbe reckless speculation which has
been engendered in their securities. Mr. Flint touches
on the other side of the picture and presents to view
some of the manifest advantages and benefits result
ing from the unification of interests. Moreover, the
words of warning and precaution which he utters
should, if heeded, remove the danger of serious
disaster and collapse a few years hence when
perchance business prosperity shall give place to
business adversity. What Mr. Flint says regarding the
improvement in the condition of the working classes
as the result of the introduction of labor-saving
implements and devices, which industrial combina
tions so strongly facilitate, is worth quoting entire:
‘ ‘ Man power, under these conditions, has given place
1051
to machine power, and the man, instead of being a
machine, a mere hand worker, daily becomes more
and more a brain worker and more and more a man.
This, more than any other single fact, accounts for
the increased prosperity of our people, their larger
leisure, larger liberty, and larger enjoyment of life.
Compare their condition with that which prevailed
before the aggregation of wealth and intelligence in the
development of industries, when wealth was obtained
by conquest, not by production; when the masses had
meat but once a week; when their houses were with
out chimneys and without windows; when their cloth*ing and surroundings were filthy; when the death rate
was double what it is to-day— and you go back to k
time when the nobility knew less of the world than
the laboring man of to-day; when the present necessi
ties of the masses were luxuries only for the rich; and
you realize that the emancipation proclamations were
written by Watt and Arkwright, Stephenson and Ful
ton, Franklin and Morse, Bessemer, and the great
organizers who have applied their discoveries and
distributed the benefits of their inventions to the
whole world.’
7 H E M IC H IG A N C O N SO LID ATIO N .
The proposed union of the Flint & Pere Marquette
RR., the Chicago & West Michigan and the Detroit
Grand Rapids & Western illustrates anew the ten
dency towards the consolidation of railroad properties
in this country and the gradual absorption or yielding
up of tho identity of the smaller roads. It also shows
how, under the stress of necessity, this action is being
forced step by step; for wo may assume that as far as
the two roads last mentioned, namely the Chicago &
West Michigan and the Detroit Grand Rapids &
Western, are concerned, some such merger was in
evitable if the interests of the security holders were
to be a controlling consideration.
Of the three roads to be combined, the Flint &
Pere Marquette is decidedly tho strongest. This is so
not only because it is larger in point of mileage, but
also because it earns nearly as much, both gross and
net, as tho other two combined. Furthermore, it
established a much better record for itself during the
recent years of depression. Tbe personnel of tho
Flint board of directors comprises such strong and
well-known names as George Coppell, Oliver W. Mink
and Wm. W. Crapo and others of like character.
The Chicago & West .Michigan and the Detroit Grand
Uapids & Western have long been controlled by
identical people, and are known as the Thayer-Merrinm roads, because Mr. Charles Merriam and Mr. B.
V. R. Thayer have been the guiding spirits in their
affairs.
The Thayer-Merriam roads have had a hard time of
it in the peculiar situation of affairs which has existed
in Michigan in recent years. Formerly enjoying a
high reputation and ranking as dividend payers, their
course grew more and more unfavorable with the lapse
of time. In the case of the Chicago &West Michigan,
bondholders were obliged to forego a part of their
cash interest for several successive years; and it is
only recently that full interest in cash has been re
sumed. The Detroit Grand Rapids & Western, or
rather the Detroit Lansing & Northern which was its
former name, did even worse. It went to default and
was foreclosed, the common stock of the Lansing &
Northern being entirely wiped out. The fault was in
t b e ‘conditions, not in the management, and most of
1052
THE CHRONICLE
the other Michigan roadB suffered from the same
circumstances, even if in less degree.
An important change has been going on during the
last decade in the traffic of the Michigan roads.
Formerly the lumber traffic was their principal source
of revenue. But latterly the supply of timber hae
been steadily falling off. The growth in other lines
o f local traffic kept up, but this was not sufficient to
counterbalance the loss in lumber. The development
o f business depression in 1893 and succeeding years
tended to accentuate this situation. Furthermore,
owing to the building of new mileage there are more
lines among which to divide what business there is.
The Thayer-Merriam people recognized the necessity
for developing some new sources of traffic as far as
both their roads are concerned, and the latter part of
1897 they established a car ferry line across Lake Mich
igan, running from Muskegon, Mich,, to Milwaukee,
Wis. This move wa3 made with the view to securing
fo r the roads a share of the through traffic to and from
the Northwest for which, (owing to the location of the
roads and the limitations to which they are subjected
by the connecting systems) they were previously
unable to .compete. The entrance into the Northwest,
thus gained through the car ferry, opened np a field
from which a considerable tonnage in grain, flour and
other products can be drawn, besides which some
return tonnage from the East in the shape of struc
tural iron, merchandise, etc., is secured.
The Flint & Pere Marquette about the same time
also undertook to develop a water route of this kind,
running a car ferry from Ludington and Manistee to
Milwaukee and Manitowoc, &c. The union of this
road with the Merriam roads ought, therefore, to place
the consolidated system in excellent position for com
manding and developing this class of traffic. It
should also strengthen the properties locally.
The system will be quite an extensive one. The
Flint & Pere Marquette comprises 704 miles, the
Chicago & West Michigan 614 miles and the Detroit
Grand Rapids & Western 451 miles, making together
■over 1,750 miles. If we add the mileage in spurs on
the Flint road, the total will fall not far short of two
thousand miles. The system, moreover, seems com
pact and homogeneous. With its western rail termini
on Lake Michigan, at Manistee, Ludington, Pent
water, Muskegon and Chicago, and eastern termini at
Port Huron, Detroit, and Toledo, it thoroughly grid
irons Central Michigan, and has besides a line ex
tending almost to the extreme northern end of the
Southern Peninsula of Michigan.
The combined
system will have, roughly, 25£ million dollars of
funded debt, this being the aggregate amount of the
outstanding bonds and equipment obligations of the
-existing companies, which bonds and obligations are
not to be disturbed for the present. The aggregate
o f the stock issues of the constituent com
panies, common and preferred, now is $22,846,500.
The merger provides for the issue of $28,000,000
o f stock, $12,000,000 being preferred and $16,000,000
common; but $1,837,800 of preferred and $1,854,450
of common are to be reserved for future requirements.
All three of the constituent companies have been
•bowing improved results latterly under the revival in
business activity and the new connections opened.
The Flint in February 1899 paid one per cent on
its $6,342,000 of preferred stock, after a lapse of some
years; the Chicago & West Michigan is again meet
ing all its coupons in full in cash, and the Detroit
[VOL. LXVIII.
Grand Rapids & Western, after its drastic reorganiza
tion, paid in March 1899 a first dividend of 3 per
cent on the new issue of preferred stock. The earn
ings of the three companies in the late calendar year
are shown in the following.
G ross
C a len d a r y e a r 1 8 9 8 .
e a r n in g s .
Flint & P e re M a rq u e tte .. ..$ 3 ,0 6 3 ,2 0 9
C h lo a s o & W e st M ic h ig a n .. 1 ,9 8 3 ,3 5 0
D e tro it O r. R a p id s & W e st. 1 ,5 3 8 ,6 8 8
$ 6 ,5 8 5 ,2 4 7
O perat'd ex p en ses
a n d taxes.
$ 2 ,2 7 9 ,0 2 9 (7 4 % )
1 ,5 4 8 ,1 7 7 (7 8 % )
1 ,1 7 0 ,5 8 5 (76% )
$ 4 ,9 9 7 ,7 9 1
N et
ea rn in g s .
$ 7 8 4 ,1 8 0
4 3 5 ,1 7 3
3 6 8 ,1 0 3
$ 1 ,5 8 7 ,4 5 6
It will be observed that the three companies combined earned $6,585,247 gross in 1898 and $1,587,456
net. The ratio of expenses to earnings was high for
all the lines, but especially so for the Merriam
roads, it costing 78 per cent to operate the Chicago
& West Michigan. Under the consolidated manage,
ment there will doubtless be some saving in this
particular.
A IR B R A K E PO W ER O N L A R G E CARS.
The use of freight cars with a loading capacity of
fifty and fifty-five tons, of which the number in
service is constantly growing, has already introduced
a number of problems of operation as well as of con
structional details. So long as solid trains of the
100,000-pound cars are made up, the train handling
questions are not prominent or so pressing as where
the characteristics of the traffic do not admit of this
plan being strictly adhered to. These very large cars
will find their chief use, for the present at least, in spec ial traffic where they can be operated in entire
trains; but with the gradual additions to their num
ber now going on, this condition cannot last long,
and they must be increasingly used with smaller cars.
This has already happened often enough to bring for
ward several problems, of which perhaps the question
of brake applications is the most important. The
brake apparatus is now perfectly adjusted to 40,000lb. and 60,000-lb. cars, and engine and train men
have been carefully schooled to get the best results on
such cars.
The braking force which will safely and properly
handle a train made up entirely of 30 and 40-ton cars
will not be safe for a train made up of these and 50-ton
cars. The braking power for freight trains is prac
tically everywhere accepted as 70 per cent of the light
weight of the cars; and there has been no need to
change this rule with the increase of car capacity from
40,000 lbs. to 60,000 lbs., now the standard size built.
With the further increase to 100,000 lbs. the old
rule as to braking force becomes inadequate. The
dead-weight of a 20 ton car is about 20,000 lbs.
and of a 30-ton car, 29,000 lbs. Now, allowing
70 per cent of the light-weight of these cars as the
maximum braking power to be used, would make the
braking power of the smaller car 25 per cent of its
total loaded weight, while for the 30-ton car practi
cally the same ratio is maintained, the actual figure
being 23 per cent of the total. So far, then, as brak
ing power Is concerned, the same rule is as applicable
to the 60,000 lb. car as to a 40,000-lb. car. With
50-ton cars a different state of affairs exists. The
dead-weight of such a car may be taken as about 23
per cent of the total weight, against about 35| per
cent in the smaller cars. The bearing of this saving
in the proportion of dead-weight to the total weight
of the car has an obvious effect in reducing the ratio
of braking force available for these cars, as now
calculated.
THE CHK0N1CLE,
Jt'NR 3, 188A.J
While, as we have pointed out, the rule for a
braking power equal to 70 per cent of the light
weight of the car applies equally well to 20 and
30-ton cars, it gives a braking force of only 16 per
cent of the loaded weight of a 100,000-lb. car, instead
of about 23 per cent. This reduces the ratio to an
inadequate and unsafe figure.
Where the 50-ton
cars are run in entire trains the braking force
is easily adjusted, but when placed in trains
with smaller cars a uniform air pressure iB
necessary, and this must be governed by the
safe allowable braking force for the 30 ton
cars; otherwise wheels would be skidded, the
train stopped on the road, the cars damaged, and
various inconveniences brought about. But a car or
train is not safely operated with a braking pres
sure of only 16 per cent. The trouble has been got
ten over on some roads by increasing the air-brake
reservoir pressure and then cutting out the brake on
the empty cars in the train, so that in stopping they
are applied only on the loaded carB. In other instances
two pressure regulators are provided, one set at 70 and
the other at 100 lbs. to the square inch. With a
loaded train the latter pressure is maintained, but
when running with a train of empty cars, the 100-lb.
regulator is cut out by turning a cock, so that the
pressure of the reservoir and in the train pipes is
governed by the low pressure regulator. Where traffic
is all one way this method may serve well enough,
but it la hajdly applicable to general traffic, where
trains are made up of empty and loaded cars going
in both directions.
COTTON C O N S U M P T IO N A N D O V E R L A N D
M O V E M E N T TO J U N E 1.
105B
1 8 9 8 99. 189 7 -9 8.
U c d w i sh ip m en ts—
O v e rla n d t o N e w Y o r k , B o sto n , «Sto..
B etw een in te r io r t o w n s ................... .
G a lv e sto n , In la n d a n d lo c a l m ills ___ _
N ew O rlea n s, In la n d a n d lo c a l m il l s ..
M obile, In la n d a n d lo c a l m ills .............
S avannah, in la n d a n d lo c a l m ills........
C harleston, in la n d a n d lo c a l m i l l s ...
N. C aroPa p o r ts , In land a n d lo c a l m illV irgin ia p o r t s , in la n d a n d lo c a l m ills
T o t a l t o b e d e d u c t e d .........................
L e a v in g t o ta l n e t o v e r la n d * ___ _
1 8 9 6 -9 7 .
5 0 6 ,7 0 7
44,107
5 ,3 8 6
21,0 44
43,0 85
1
418
1 ,9 0 3
16,904
4 6 7 ,5 1<
33,0 78
4 ,1 6 6
14,341
6,024
351
3,30i
1,7'. 4
1 3,8 6
3 0 8 ,6 4 8
4 ,2 2 6
4 ,9 4 3
1 7 ,1 3 8
5 ,0 1 0
1 ,5 4 2
72
1 ,9 7 5
9 ,9 5 4
639 ,62 6
544,47**
3 5 3 ,5 0 8
1,243,931 1 ,171.302
8 4 6 ,4 6 3
• T i l s t o t a l In clu d e s sh ip m e n ts t o C an ad a b y ra il, w h ic h s in ce
S eotem b ei- 1 , 1 8 9 8 , am ount* d" to 89,04,1 b a le s , in 1 8 9 7 -9 8 , w e r e
1 0 8 ,8 4 1 bale® a n d in 1 8 9 8 -9 7 w e r e 6 8 ,1 4 9 b a le s.
R E C E IP T S , E XP O R T S A N D S P I N N E R S ' T A K IN G S .
The net receipts of cotton at the outports have been,
heavier than in the same month of 1898, the total
for 1899 having been 230,180 hales, whereas last year
it was only 172,245 bales. The aggregate for the eight
months i3 282,929 bales less than that of last year and
1,547,327 hales in excess of 1896-97. The exports to
foreign ports have been less free than in May of last
year, the shipments for the month this year being
but 312,478 bales, against 378,755 hales in 1898 and
273,588 hales in 1897. For the season to date the
total exports are 283,041 bales below those for 1897-98
and exhibit an excess of 1,057,244 bales over 1896-97.
Hovemtftt frtm
Sent. 1. lbW, »
May Si. Wm
KX POUTS SINOX SXPT. 1, 1898 TOSept. i ! Sept. U Great -France.
IW*. | 1607. Britain*
lilT U t o n ....... UhlfjOt* l.t>«8.c*n,03e,ns
77,370 07,77
Ui,686
Texas Ctty,4c
t.lbOMi
| 770.445
flew Orleaoa.
2*7,07? a ci.ie o
Ho b ite ............
■•H6.SOY 116,71 i
81,373
Pezu&coU, Ac
61,75*1
Savannah....... 4,0*2,71* 1,176,25*
*
7
M
6
«
288.70*
105,28*
Brunswick, A*
Shariaaion.__
s e * /6 i 4?6.3 ;
78,931
23.33? i 75.741
21,210
Port B o n U t
291,343 323.0*17! 11?,008
NUmlngton...
1,36
1,78*;
........
W*fthinjrt’o,A
018.7T* 656.67*1 45.211
Itorfolk...........
30,1 lb
24,43
18.9? 6
!fawp*tflawaJt<
111,74?
289.754
Hiw Y o r k ----Boatoa.............
2S7.S-8 211 OS' 871,297
Baltimore ....
49.77C 71,53' 111.640
Philadelphia. A’
•
77.V8*
14,243
San Fran’sco,Ac
........ | .........
11,068
1184,527
206,4*8
15,149
82.21*5
Gontinrnf.
lotah
584,920 1,955,680
lS,e>5
33,310
553,293 1,<*89,188
29,2“4 107,804
100,4*3 199.056
632.022 010.00*
85.118J 251,402
150.009 234,939
21,210
142,5C7 8*0.609
Stocks
May 31a
52,-lSa
322,219
9,150
19.C5B
298,924
The marketing of cotton during May has been very
11,166
free for so late in the season, and crceedir g in volume,
37,716
43.03T
72,920
as did April, the result for the similar period in any
9,956
200
*8,940
2*,'45 228.429 641,838 174,C1&
previous year. There ha3 come into sight during the
£2,000
f,503 370.816
........
1,056 101.118 214,013
16,100
month 315,959 bales, against 217,161 bales in May of
6,079
14.243
1898 and 183,218 bales in 1897. The aggregate amount
110,659 180.02T
of the crop of 1898-99 now visible is 10,697,045 bales,
Total
.8,177,111
...
3,148.165 722,0*0 2,787,8?5 0.808,040 085.626
Tots) 1887-96.
___ Vs,4eo,cat|3^i*.882 7 s2 ,«3 2.V85.353 7,091,0s 1 487,049
against 10,659,341 bales on June 1 1898. Spinners'
takings have been greater during the month than in T otal 1096-97 . ........«,62»,Tee'»v»T.i6S Cft1.003 2, 111,7 *0'6.750,790 S3S,t 25
1898, and their aggregate takings for the eight months * G re a t B rita in e x p o r ts In clu d e t o th e C h annel.
Using the facta disclosed by the foregoing state
show a gain over the same period of last year of 3,249
ments, we shall find that the portion of the crop
bales.
O V E R L A N D M O V E M E N T TO J C N E 1 .
which has reached a market through the outports
The tjroee movement overland in May has been and overland, and the Southern consumption, since
91,294 bales, which compares with 80,970 bales last September 1 this year and the two previous years, ia
year and 51,382 bales in 1897. The excess over a year as follows:
ago in the total for the season to date is now
1 8 9 8 -9 9 i 169 7 -9 8. IS 9 6 -9 7 .
167,779 bales, and contrasted with 1896-97 the increase
R eceip ts a t th e p o rts to J u n e 1 ___ bales. 8 ,1 7 7 ,1 1 0 8 .4 6 0 ,0 3 9 6 ,0 79,7 83
is 683,589 bales. The net for the month has reached N e ts h lp m e n tso v e ria n d d u r in g sa m e tiim 1 ,2 4 3 ,9 3 ! 3 ,1 7 1,30 2 8 4 6 ,4 6 3
45,879 bales, or a gain over 1898 of 3,963 bales, the
T o ta l r e c e ip t s ..................................b a le , 9 ,4 2 1 ,0 4 ! jp,6 31 ,34 1 1 7,47 6 ,2 4 6
total then being 41,916 bales. In 1897 the net was S o o th e rn conununptlon s in ce S e p te m b e r 1j l ,016,00* 8 5 6 ,COO 7 6 6 ,0 0 0
T o ta l to J a n e 1 ............................... bales.U C 43704.' 10487341 8 .2 4 2 .2 4 6
37,157 bales. The aggregate for the eight months
The amount of cotton marketed since September 1
records an increase over last year of 72,633 bales.
O V M L A H D F R O M SE P T . 1 T O M A Y 3 1 .
in 1898-99 is thus seen to be 50,296 bales less tb an
in 1897-98 and 2,194,799 bales more than for 1896-97.
11808-99. 1897-98
1 89 6 -9 7.
To
determine the portion which has gone into the
Am & unt ik ip p e d —
V ia St. L o u i s . . . . . . ................ ...................
8 9 3 ,35 5 826,98*
5 2 3 ,9 4 5 hands of Northern spinners during the same period
V ia C a iro ........................................................
3 9 1 ,81 2 3 7 3 ,06 3 2 6 5 ,7 1 1 we have prepared the follow ing:
V ia P a r k e r .............................................. . . .
V ia B o ck Isla n d ............................ ..............
V ia L o u is v ille ............................
V ia C in cin n a ti.............................................
Via o th e r r o u te s .....................................
• S ip p e d to m ills , n ot In clu d ed a b o v e .
T otal stress o v e r la n d . . . . ______. . . .
42,967
1 9 0 .9 7 5
166 ,03 9
196 ,01 3
12.S 9 9
30.7 15
48,522
128 ,39 7
1 42 .36 0
156.47b
11,262
18.801
13,951
3 33,7 74
139 ,79 6
9 3 ,5 1 5
10,478
1 ,8 8 3,56 0 1 ,7 15 ,7 8 1 1,199.971
T o ta l re ce ip t* to M a y 3 1 , 1899, a « a b o v e ................... b a le s. 1 0 ,4 3 7 ,0 4 5
S tock on h a n d c o m m e n ce m e n t o f y e a r (S ept. 1 1 8 9 8 )—
A t N orth ern p o r t s ...................................
6 1 ,0 5 4
A t S ou th ern p o r t s ................................... 1 1 4 ,9 5 2 — 1 7 6 ,00 6
A t N orth ern in te rio r m a r k e t s .. ..
...........
1 0 ,2 6 6 — 1 8 6 ,2 7 2
T o ta l s u p p ly t o M ay 3 1 ,1 8 9 9
1 0 ,6 2 3 ,3 1 7
[ vo l . L x v n i .
THE CHRONICLE.
1054
lbs. per bale for the same time in 1897-98 and 502-79
3/101^963
1.0 1 6,00 0
Taken b y N orthern spin n er* sln oe S eptem b er 1, 1 8 9 8 .........
2 ,0 8 5 ,9 6 3
2 ,0 8 2 ,7 1 4
Taken b y N orthern s p in n ers sam e tim e In 189 7 -9 8 ..................
I
norease In ta k in g s b y N orth ern spin ners th is yea r, .b a les
3 .2 4 9
Tho above indicates that Northern spinners had up
to May 31 taken 2,085,903 bales, an increase over the
corresponding period of 1897-98 of 3,249 bales and
an excess over the same time of 1896-97 of 491,866
bales.
A M O U N T OF CRO P N O W
IN
S IG H T .
1897-98
1898-99
1896-97
1 0 .4 37 .0 4 5 10,4 87 ,3 4 1
T otal m ark eted, as a b o v e ___ 1
172,000
2 6 0 ,0 0 0
In te rio r stook s In e x o e s s o f S ept. 1.
8,2 4 2,24 6
11 0,6 97 ,0 4 5 10,6 59 ,3 4 1
8,2 2 1,21 6
'
21,000
* L ess th a n S ept. 1.
This indicates that the movement up to June 1
of the present year is 37,704 bales more than in 1897-98
and 2,475,799 bales greater than in 1896-97.
As it will interest the reader to see what has come
into sight each month of the season during this and
previous years, we have prepared the following, which
shows the movement for the last four seasons.
Months.
1898-99.
1897-98
1896-97.
S ep tem b er.
O c t o b e r ....
N o v e m b e r..
D e o e m b o r..
Jan u ary—
F e b r u a r y ...
M a r c h .........
A p r i l ...........
M a y ..............
9 8 2 .7 6 6
2 ,2 9 8,60 6
2 ,3 5 3,00 9
2 ,0 8 9.59 4
1 ,1 0 1,49 9
4 9 5 ,5 7 4
6 32 .56 3
4 27 ,47 5
3 15 .95 9
1 ,0 6 9 ,8 0 0
1 .8 7 1,65 4
2 ,3 3 7 ,1 1 2
1 ,9 5 0,21 0
1,3 4 2.94 5
8 68 ,48 3
6 67 ,17 7
3 3 4 ,7 9 9
217,161
1,2 2 2,28 7
1 ,8 9 1.56 2
1 ,634,210
1 ,549,705
680,513
4 6 4 ,73 0
378 ,29 7
216 ,72 4
183,218
542 ,39 4
1 ,722,122
1 ,321,097
1 ,336,030
617 ,92 4
483,475
357 ,52 5
239 ,73 2
165,406
T o ta l 9 m on th s. 1 0,6 97 ,0 4 5
B ala n ce season .
1 0,6 59 ,3 41
5 21 ,61 9
8,2 1 1,24 6
492,765
6,7 8 5,70 5
376 ,76 8
11,1 8 0 ,060
8 ,714,011
7 .162,473
-
T o ta l o rop
1895 96.
W E IG H T OF B A LE S.
To furnish a more exact measure of the receipts up
to May 31 we give below our usual table of the weight
<»f bales. We give for comparison the figures for the
N in e M onths E nd. M a y 31 , 1 899.
N um ber o f
B ales.
W eight in
P ou n d s.
S irru
Sam e
p e r i’d i» oeri’d i>
1897-98. 1896-97
A vera ge A veragt Averagt
Weight. Weight
Weight
The most important event of the month was the
sale on May 6 of* 1,250,000 pieces of print cloths, on
the basis of 2Jc. for regular 64 squares, to a syndicate
of printers and Fall River manufacturers guaranteeing
to maintain that price up to October 1. This transac
tion had a good general influence over the cotton good*
situation. In brown and bleached cottons the sales
for the month have been on a liberal scale. In the
former there have been occasional advances of £c. and
in the latter a general rise of ^c. to ic . per yard.
Prints have also advanced i c . in a number of staple
lines. Production has been on an unusually large
scale in heavy brown cottons and grey goods, but the
demand has been sufficient to keep the market short
of ready supplies and well sold ahead. Buying for
export has been good for distant shipments in brown
sheetings at full current prices.
1 89 8
1899.
OotVn P rin t
in g
low
m id cloths,
dling. 64x64
Ma y .
In the foregoing we have the number of bales which
has already been marketed this year and the two
previous seasons. An additional fact of interest is the
total of the crop which was in sight on June 1
compared with previous years. We reach that point
by adding tp the above the stock remaining at that
date at the interior towns less stock held by them at
the beginning of the season. In this manner we find
the result for the three years on June 1 to be as
follows:
DRV GOODS TRADE IN M AT.
Sheet
in g s,
sta n d
a rd .
L a n S’ th’ n
caster 3 -yd .
g in g sheet
ham s. ings.
OotVn P r in t
in g
low
m id cloths,
d lin g. 6 4 x 6 4
x
2!!
3..
4..
ft*.
6..
7..
5**16
5 l l lfl
5 u ie
5%
5^
9..
10..
11..
1 2 ..
13..
14..
15
L6 ..
17..
18..
19..
20..
2 1 .,
51310
513,.
51s e
2%
24,
2\
2 4,
2%
2%
2%
2%
23,
'5i316 23,
23,
5 13» 24,
5>3U 2 %
513, 6 24,
513,e 2 %
f413,a
5 t* „
4 7s
4 78
4 78
.s.
4 7g
4 70
4 78
4 7q
4 7g
.. 8 . .
4.70
5
5
5
5
5
...S . .
5
5
5
6
5
5
.. .S ...
514
5M
5*4
514
514
43g
43q
430
4^
43a
5 7s
5 7s
5 78
510,6
515,,
51516
514
514
514
5*4
514
4%
4^8
4*8
4%
438
510,6 2
510,6 2
515 6 2
513,0 2
5 !O10 2
43a
438
4%
D lole
515 j6
6
6
6
6
514
514
5%
514
5h
5%
514
5%
514
514
514
514
43g
43 r
433
43s
438
438
438
2
2
2
2
2
2
2
2
2
2
2
2
Lan
caster
g in g
ham s
S’ fA’n
3 -yd.
sheetin g s .
41*
4*2
4*2
4*2
4^
4*2
4%
4^
4%
434
4%
4%
3 7s
3 7e
3 78
3 7s
3 78
3 78
4*2
4*2
4*2
4*2
4*2
4*2
.. .S ...
4*2
4 2
4*2
4^2
4*2
4%
4 3,
434
4%
4%
434
3 78
3 7a
3 '8
3 78
3 7s
3 7s
43,
4 3,
4 3,
43,
4 3,
4%
3 7a
3 7e
3 78
3 7s
3 78
3 78
| * p f.
T o t a l tak in gs b y sp in n ers sin ce 8 o p t - 1 1 8 9 8 ...........................
.................
T aken b y S outhern s p in n e rs ....................
lbs. in 1896 97.
htfr
O f thin su p p ly th ere h M been e x p o r te d
to fo re ig n p ort* s ln o e S e p t. 1 ,1 8 9 8 . 6 ,8 0 8 .0 4 0
I> im foreign o otton In o la fliy l___ bulos.
71 , 997 - 6 ,736,143
Sant to C anada d ire ct from W e st..............................
8 9,0 41
727
B u rn t N orth and B ooth ................................................
S tock o n ha n d end o f m on th (M a y 3 1 ,1 8 9 9 )
A t N orthern p o r t a ............................... 218 .09 7
A t Southern p o r t * ................................... 4 6 7 ,4 2 9 — 6 8 ®'®2Jj n
9 ,9 1 7 -7 ,5 2 1 .3 5 4
A t N orthern In terior m a r k e t* ............
2 34
2
4%
23..
6
4*2
3 78
434
2
24..
24,
3 78
4*2
6
43,
2
25.. 513,6 2 %
6
4*2
3 78
4 3,
2
4*2
26.. 513,
3 7a
2%
4 3,
2
27.. 513,6 24,
6*8
4*2
3 7s
434
2
28..
4*2
3 7s
6*8
29.. 513le 24,
430
514
43*
30..
2
3 78
6*8
S
430
24,
2
4%
31. 5 ' V
61s
412
3 78
•5*4
__ T he a b o v e p rice s a re— F o r o o cco n , io w m ia u im # u p la n d s a i a a w
Y o rk ; fo r p rin tin g clo th s , m an ufacturers* n e t p r ic e s ; to r sh e e tin g s a n d
g in g h a m s,a g e n ts’ p rice s , w h ic h are s u b je c t to aa a v e ra g e d ls o o u u t o f 5
p ar c e n t, e r o e p t w h e n o th e rw is e s t a t e d ; S o u th e rn s h e e tin g s n et.
I T EMS A B O U T BANKS, B AN K E RS AND T R U S T C O ’S.
— The holidays of this week and the course of affairs at the
Stock Exchange on Wednesday interfered with sales at
auction of bank and trust company stocks. There were
only 318 shares sold in all, 249 bank stocks (10 of which were
of a Brooklyn bank) and 69 trust company stocks. The
details are as below.
Shares.
B a n k s —New Y o rk .
P ric e.
*21 A m e r io a n E x ch a n g e N at. B a n k ____ 176
10 C orn E x c h a n g e B a n k .......................... 3 7 0
3 F ilth A v e n u e B a n k ................................ 3 ,0 0 1
1 0 0 M e c h a n ics ’ N a tio n a l B a n k ................ 2 0 ’>1a
*105 P lie n ix N a tio n a l B a n k ........................ 1 1 0 -1 1 4
B a n k s —B ro o k ly n .
1 0 M eoh an ios' B a n k .................................... 212
T r o s t C o m p a n ie s —N ew Y ork .
4 4 F a n n e r s ’ L o a n & T ru st C o.................. 1 4 5 0
2 6 P ro d u o e E x ch a n g e T ru st C o .............. 2 4 0
L a s t p r e v io u s sa le.
M ay
9 9 — 177*3
M ay ’ 9 9 - 370
A p r. ’ 9 9 —3 ,2 1 0
M av ’ 9 9 - 210*3
M a y ’ 9 9 — 114
A p r.
-9 9 —
200
M a y ’ 9 9 —1,.436*3
A p r. ’ 99—
260
* S ale a t th e S to c k E x ch a n g e .
T e x a s ............... 2 ,3 6 4,45 6
L ou isia n a ......... 2 ,1 5 0,80 8
A la b a m a .........
247 ,67 2
G eorgia*......... . 1 ,5 4 9 ,S86
South C arolina
3 8 7 ,19 7
V ir g in ia .............
676 , «9 2
N orth C arolina
292 .69 4
Tenneaaee, «ko
2,7 6 6,64 2
1 ,2 6 2 ,7 6 1 ,3 7 1
1,11 7,40 8 .2 1 1
1 2 9 ,2 8 4 ,7 8 4
7 7 6 ,2 2 9 ,4 0 5
1 9 2 ,05 8 ,5 1 5
3 3 0 ,5 2 6 ,3 6 4
146 ,21 2 ,3 6 1
1 ,3 8 7 ,3 2 1 ,0 0 0
534-06
519*53
522 0 0
500-83
49500
4 88-30
499*54
500*00
5 2 9 62
510-09
51100
495*65
49100
490-43
500*00
50000
528 51
507 21
505*00
487-85
485 40
484*05
489 0 0
500*00
T o t a l.......... 1 0.437,045
* fooludltifl F lorid a
5 ,3 3 7 ,8 0 2 ,0 4 1
510*47
5 06 88
502 79
It will be noticed that the movement up to May
31 shows an increase in the average weight as com
pared with the same period of last year, the average
this year being 510-47 lbs. per bale, against 506-88
— The National Bank of Commerce of N ew York appears
to be passing into new control. Since M r. Sherman’s resigna
tion was tendered, to take effect July 1, as announced in
this column some weeks since, there has been much interest
manifested in banking circles regarding the appointment of
his successor. The capital is large—$5,000,000; indeed, with
the single exception of the American Exchange National
Bank, which has the same capital, it is the largest in the
country. The surplus of the Commerce is $3,696,500, while
that of the American Exchange is $2,673,921. Therefore,
including capital and surplus, the Commerce stands first
among the banking institutions in the United States. It
has had a long and honorable record; it has been well and
J une 3, 1899 ]
THE CHRONICLE.
conservatively managed, and it ia a bank which one would
naturally conclude would easily command the services of the
highest financial talent in the country. Hence the interest
which ia felt concerning the new incumbent o f the Presidency.
It is rumored that the managers have been seeking for some
man of superior financial ability and national reputation to
take the position. It is also rumored that the executive
staff of the bank will be increased by the election of an
Active Vice-President. Should this rumor prove true there
w ill be two positions to be filled on the retirement of M r.
Sherman. It is essential that the A ctive Vice-President shall
be of decided executive ability. Indeed, he should be a man
who has had such experience in banking as to demonstrate
beyond question his fitness for the position. Such men are
presumably already holding places in banking institutions
where their services are appreciated, and therefore it may
be difficult to induce them to make a change, even such a
tempting change as the Active Vice-Presidency of the N a
tional Bank of Commerce offers.
The large capital and surplus of the Commerce doubtless
would be regarded as an obstacle rather than an advantage
by those to whom the offer of the position of President and
A cting Vice-President have been made. W h en , years ago,
the banking business was greatly profitable by reason of
high rates o f interest, moderate taxes and ordinary com
petition, large capitals were not detrimental bnt advantage
ous. Sow, however, when rates of interest under normal
conditions are low, and when taxes are high and increasing
almost year by year under adverse legislation, large capitals
and surplus are likely to binder the successful operation of
banking institutions unless the business can be increased so
as to give foil and constantly active employment to their
resources.
Snch considerations as these doubtless have
much weight with those whose services are being sought by
the management of the Bank of Commerce. Should, how
ever, the managers be able to give assurances of a prospective
increase of business sufficient in volume and o f such a per
manent character as practically to guarantee success with
the existiog capital and surplus, the objection above noted
would doubtless be overruled, and there would probably be
little difficulty in obtaining the services of men of a high
degree of talent and of superior executive ability for the
positions of President and Active Vice President.
It is reported that, with a view to the more or less perma
nent increase of the business of the Bank of Commerce, there
have been admitted to the board of directors three represen
tatives of the Mutual Life Insurance Company. The im
portance this movement has lies in the presumption that the
bank will thereby secure a large share of the business result
ing from the varied and extensive operations of the insurance
company. Assuming that to be true, the new officers of the
bank would have little reason to question their ability to
maintain its prestige as one of the foremost banks of the
country,
— Important changes in the management of the North
American Trust Company are announced. Col. W . L. Trenholm, formerly Comptroller of the Currency, has retired
from the Presidency o f the company and been succeeded by
Alvah Trowbridge; and Charlton T. Lewis has been elected
a director to fill the vacancy caused by the resignation of
Adlai E. Stevenson. I t is understood that other changes will
soon be made in the board of directors and (also in the VicePresidents, representatives of the new parties in control of
the company, who it is rumored are Messrs. W hitney and
Ryan, displacing some of the present incumbents. It has
been decided to increase the capital from $1,000,000 to
13,000,000, and the surplus from $300,000 to $1,000,000. The
success c f the company since its organization has been
largely dne to the efforts of Col. Trenholm, and his resigna
tion elicited expressions of regret from every member of the
board. The directors who have served with Col. Trenholm
are John G , Carlisle, ex-Secretary of the Treasury; Roland
R . Conklin and 8amriel M. Jarvis, who are also Vice-Presi
dents; C, W . Drake, Treasurer of the Rio Grande W est
ern Railroad Co. and A . Marcus, Treasurer of the Oregon
Railroad & Navigation Co. and Gen. W ager Swayne.
—J . Frederick Sweesy, formerly Cashier o f the Third
National Bank (in liquidation), has been appointed Assistant
Cashier o f the National Bank of North America. Henry
Chapin, J r., the Cashier of the bank, now has two assistants,
1055
Col. Heman Dowd and Mr, Sweesy, as above noted, and,
therefore it is felt that there is really no necessity for the
services o f a Vice-President to fill the vacancy caused by
the resignation of Alvah Trowbridge. W illiam F . H avemeyer is the remaining Vice President. It was recently an
nounced in this column that a proposition had been made to
the stockholders to increase the par o f the stock of the bank
from $70 to $100 by the declaration of a cash dividend of $30
per share out of undivided profits, thereby increasing the
capital from $700,000 to $1,000,000. The proposition will un
doubtedly be acceded to at the called meeting of the stock
holders Jane 14, for holders of three-fourths of the stock
have already expressed their intention of voting for the
measure.
— M r. Herbert Coppell, a son of Mr. George Coppell, was,
on Jane first, admitted to membership in the firm of Mait
land, Coppell & Co.
— The plan for the establishment of a Sub-Clearing House
in Boston for the collection o f country checks has been re
vived since the scheme was first considered, and a com m it
tee has been appointed, of which Mr. Francis B. Sears of the
Third National Bank of Boston is Chairman, to arrange the
details of the,plan. It is proposed to lim it the operation of
the system to the State of Massachusetts for the present, and
the committee will endeavor to secure the co-operation of
country banks by offering liberal inducements.
— The Bank of Commerce o f Louisville, K y .. is reported to
have made a proposition to the stockholders to reduce the
capital of $800,000 to $400,000 by declaring a 50 per cent div
idend out of the surplus of the bank, retiring a similar
amount o f stock. The State and local taxes are very bur
densome, amounting to about 2}^ per cent, and this is the
principal reason for reducing the capital.
— The banking firm of Morton, Bliss & Co. will shortly
dissolve as a firm for the purpose of transferring the busi
ness to an incorporation.
The firm consists of ex-VicePresident and ex Governor Levi P. Morton, George T . Bliss,
Richard J. Cross, W illiam M . Grinuell and W . R . Cross.
The details of the plan for incorporation are being arranged,
and it is probable that nearly all the partners will be stock
holders in the new corporation.
—The vacancy m the position of National Bank Examiner,
caused by the resignation o f Mr. W illiam II. Kim ball, who,
as previously announced in this column, has accepted the
office of Active V ice President of the Seventh National Bank,
has not yet been filled. The position is a very desirable one,
and there appears to be considerable competition for it
among those having the requisite knowledge of the banking
business. Comptroller Dawes is, however, apparently desir
ous of securing the best available talent for the place, and as
there seems to be no special urgency, the selection may be
delayed for a few weeks. It is thought probable, however
that the appointment will be made before the close of the
fiscaL year. The compensation of the Bank Examiner is
regulated by the national banking law, and in this city it
will net about $7,000 per annum— the official paying the
expenses of the office out of the receipts.
— Mr. George Blnmenthal, of the well-known banking firm
of hazard Freres, returned a few days ago from a brief trip
to Europe, much benefited by his visit.
— Mr. Albert H . W ig gin , who, as was recently announced
in this column, was elected one of the Vice Presidents of the
National Park Bank, assnmed the duties of his new position
on Monday,
— The new branch hank of the Hamilton Bank, on Am ster
dam Avenue between One hundred and forty-fourth and One
hundred and forty-fifth streets, is being fitted up for banking
purposes in an attractive manner, and it will be opened for
business about,the middle of this month. The Hamilton Bank
is, as has been stated in this column, a State institution located
on One hundred and twenty fifth street near Seventh Avenue,
and it is practically controlled by the Mercantile National
Bank.
— Mr. Anson R . Flower, of the banking house of Flower &
Co., has been elected a director of the National Bank of the
Republic, taking the place on the board made vacant by the
death of Vice-President Eugene H . Pollen. The Vice-Presi
dency of the bank is still vacant.
THE CHRONICLE.
1056
— The Flatbush Trust Company has been organized with a
capital of $100,000 and a paid-up surplus of $50,000, to do
business in that part of Brooklyn formerly known as the
Town of Flatbush. The section is being rapidly built up,
and the projectors of the company feel that there is room for
a financial institution of this character.
— The establishment of a branch of the Colonial Bank is
contemplated. This is a State institution, with a capital of
$ 100,000 and a surplus of $79,800, located at 480 Columbus
Avenue. It is proposed to open a branch bank at Columbus
Avenue and One Hundred and Fourth Street. The stock
holders have given their consent to the plan and the Exec
utive Committee of the directors have the details under con
sideration.
— The controlling interest in the Spokane (W ash.) E x
change National Bank was purchased May 28 by the firm of
Clark & Sweeny, which firm is composed of F. Lewis Clark,
who came to Spokane about twelve years ago from Bangor,
M e., where his father now resides. Mr. Clark is one of the
solid and conservative men of the State of Washington.
Charles Sweeny, the other member of the firm, has lived in
the Northwest longer than Mr. Clark. He has been prin
cipally identified with large mining interests, and has
made a great success out of his undertakings. The present
Cashier of the bank, Mr. E. J. Dyer, w ill continue as
Cashier, and is the principal managing spirit of the institu
tion. He has been identified with the bank from its begin
ning.
____________________________
Clearings by Telegraph.— Sales o f Stocks, Bonds, &e.—
The subjoined table, covering clearings for the current week,
usually appears on the first page of the C h r o n i c l e , but on
account of the length of the other tables is crowded out
once a month. The figures are received by telegraph from
the leading cities. It will be observed that as compared with
the corresponding week of 1893 there is an increase in the
aggregate of 26'9 percent. So far as the individual cities are
ooncemed, New York exhibits an increase of 27-7 per cent,
and the gains at other points are : Boston 30-7 per cent,
Philadelphia 20'0 per cent, Baltimore 13 6 per cent, St. Louis
1'7 per cent, New Orleans records a loss of 6'5 per cent and
Chicago 3'2 per cent.
Week tk'tulmo June 3.
CLKABINOS.
Returns by Telegraph.
1899.
N n r Y ork ..........................
fioaton............................... .
Philadelphia..................... .
Baltim ore...........................
C h ica go.................... ..........
t . L ouis............................
New O rlea n s................ .
1898.
$740,319,540
94,450,690
64,265,451
17,800,826
94,414,839
22,060.434
5,277,233
Per Cent.
$579,040,672
72,284,149
53.641,381
15,308,444
97,480,111
22,231,190
5,641,353
+27*7
-f3 0 7
+200
+13-0
-3*2
+1*7
-0 5
[V ol. l x v i h .
The following compilation covers the clearings by m onths
since Jan. 1.
MONTHLY CLEARINGS.
Clearings Outside New York.
Clearings, Total All.
Month.
1898.
1899.
January. ..
February
March.......
1899.
P.Ct.
P .O t.
1898.
$
$
f
$
8,489,688.805 0,014.982,969 H l* l 2,798,939,029 2,324,700,235 +20*4
0.979,377,055 5,554,701,814 +25-6 2,428,738,424 2,038,504,134 +19T
8,724.331,848 5,046,484,520 +64-6 2,822,248,807 2,227,465,083 +20-7
1st quar.. 24,193,397,806 17,215.229.829 +40-5 8,049,923,820 0,580,009,452 + 22-1
April......... 8,279.065,487 4,978.374,011 + 00-4 2,702,753,030 2,107,448,985 F28-2
8,^28.792.0.52 6.339,900.899 4-60*0 2.809,^88,740 2,194.495,°41 +27*8
May...
The course of bank clearings at leading cities of the country
for the month of May and since January 1 in each of
the last four years is shown in the subjoined statement.
BANK CLEARINGS AT LEADING CITIES
QOO.OOOS
om itted, i
S ew Y o r k .. .
B oston ....... ..
O hloago.........
P hiladelph ia
St. L o u i s . . . .
P itts b u rg .. .
B a ltim o r e ...
San F ra n ’ c o .
O ln o in n a ti...
K ansas C ity
S e w O rlea n s
L o u is v ille ...
U lnneap olls.
O le v e la n d ...
D e tro it..........
P ro v id en ce..
M ilw a u k e e ..
O m a h a ..........
S u flalo..........
C olu m b u s...
St. P a u l........
H a rtford ___
D en ver..........
---------------- M a y.-----------------------. .----- J a n . 1 to M a y 3 1 .-------- ,
1899. 1898. 1 89 7 . 1 8 9 6 . 1 89 9 . 1 89 8 . 1 89 7 . 1 8 9 6 .
*
$
$
$
$
$
9
$
5 ,5 2 5 3 ,1 4 5 2 ,3 1 5 2 ,3 4 0 2 -.2 4 5 1 6 ,6 3 9 1 1 ,5 8 7 1 1 ,9 8 5
408
403
381 2 ,9 4 1 2 ,1 8 3 1 ,991 1 ,8 4 6
601
366
502
409 2 ,693 2 ,2 2 2 1 ,651 1 ,8 7 7
575
242
2 7 0 2 ,0 3 7 1 ,4 8 2 1 ,242 1,362
396
286
541
107
93
491
1 20
665
593
138
326
63
69
314
665
403
73
128
299
582
377
301
78
58
61
123
54
55
331
366
268
278
68
79
250
250
53
50
304
269
55
63
47
220
39
2 11
237
233
55
48
2
0
4
27
34
192
176
2
08
30
33
129
125
27
22
166
147
29
34
139
3
0
173
1
2
5
48
31
188
47
124
124
24
25
152
31
203
44
138
113
125
37
27
25
23
167
107
19
134
107
109
19
19
27
9
4
20
97
22
18
114
108
26
89
92
19
18
111
118
20
25
90
19
16
20
99
88
78
21
76
14
16
75
21
103
88
19
90
14
62
20
89
78
21
17
52
52
10
52
9
58
10
9
61
57
10
65
53
14
11
10
T o t a l .........
it h e r citie s..
8 ,0 3 8 5 ,0 8 4
29 J
255
3 ,9 6 7
191
4 ,0 3 3 3 9 ,3 9 4 2 6 .2 4 6 1 9 ,6 4 2 2 0 ,3 0 9
207 1 ,4 0 7 1,285 1 ,0 1 7 1,121
T o ta l a l l . ..
O u tsid eN .Y .
8 ,3 2 8
2 ,8 0 3
4 ,1 5 8
1 ,8 4 3
4 ,2 4 0 4 0 ,8 0 1 2 7 .5 3 1 2 0 ,6 5 9 2 1 ,4 3 0
1 ,9 0 0 1 3 ,5 :6 1 0,8 92 9 ,0 7 2 9 ,4 4 5
5 ,3 3 9
2 ,1 9 1
D E B T ST A T E M E N T M A Y 31 1899.
The following statement of the public debt of the
United States on May 31 1899 is made up from
official figures issued on that day. Farther on we
give an interesting exhibit of the Treasury cash hold
ings of the same date.
IN TEREST-BEARIN G DEBT M A T 31, 1899.
Intere t A m o u n t ---------- Amount Outstanding.
payable.
issued.
Registered.
Coupon.
Total.
litle of Loa 7—
$
$
$
*
4^s, Fund, loan, 1891. > n , , 250.000.000
.. .. ..
...............
........
Continued at 2 p. c . )
01*
............................ 25,364,500
25,364,500
is. Funded loan, 1907. .Q .740,913,600
491,311,900
68,340,850
559,652.^50
Seven cities, 5 days..
$1,038,785,013
+22*8 , 4s, Refund’s certiflc’s
$84e,163,306
40,012,750
.....................................
37,8H0
Other cities, 5 days..........
100.000. 000 87,55',050 32,444,950
100,000,000
169,908,948
+ 1 2 0 5s, Loan o f 1904
150,471,410
4s. Loan o f 1925
162,315,400 113,953,450 48, *61,950 162,315,400
Total all oltles, 5 d a y s ....
198,678,720
94,222,540 104,456,180 198,678,720
$1,208,693,961
$196,034,722
-t-21*3 3s, o f 1908-1918.
A ll oltles, 1 day......................
331,09 \632
216,279,431
+531
Total, excluding Pacific
Railroad Bonds..............1,491.920,470 792,407,440 253,603,430 1,046,048,730
Total all oltles for week
$1,589,702,692
*1,212.907,203
*-28-9
No t e .—T he denominations o f bonds are as follow s: Two per cents (registered
Another table, our usual monthly detailed statement of only), $50, $100, $500, $1,000, $5,000, $10,000, *20,000, $50,00o; 4s o f 1907, regis
$50, $100, $500. $1,000, $5,000, $10,000, $20,000, $50,'M10, coupon, $50, $100,
transactions on the various New York Exchanges, has also tered,
50J, $1,000; 4s, refunding certificates, $1 *; 5s o f 1904, registered, $50, $100,
l,OO0, $10,00 >, COUDon. $50, $100, $1,000, 4s o f 1925 registered. $50. $100, $500,
been crowded off of the first page. The results for the five
months are, however, given below and for purposes of
comparison the figures for the corresponding period of 1898
are also presented.
Firs Months. 1899.
Description.
Par Value
or Quantity
Actual
Value.
fine Month), 188S.
Avcr'gt Par Value 1
Price. >r Quantity
00,050,18*
VaL $8,786,25:000 10862407489 784
BE. bonds.. $4*5,05 *.400 $410,744,041 847
G ov't bonds
$6,925,000
•7,0 J4,8 4 1131
Stmts bonds
$1,619,800
$1,067,154 067
Bank stocks
28 .030
$070,601 2411
-
Actual
Value.
Aver'ge
Price.
tiMW3s*?5 j 3109801934 76*3
Mt9.i84.310t (251.193,079 78*1
•3.051.600
(1,801,072 117-8
(023,400
(427,312 08*5
•69.175
(197.029 220-0
Total
19.2 2 V l-7 *0 '$ \ 971040149 78 8
/45323-7810 »8.42«O91O20
Grain, bush.
3*0,>**6,070 258,010,602 74*c. 523,0^5,420 510,278,124 750
9<**C.
Total value.
$T,62;.ft.S081l
$1.947299150
.u o iuiuuio ui nauoaouous in snare properties on the Ner
* 0™. Stock Exchange each month since Jan. 1 in 1899 am
1898 is indicated in the following :
»AL«S
or
STOCKS AT NSW YORK STOCK EXCHANGE.
1899.
Motltti.j .Vu-nber]
e /a a a r « .
1898.
Value,.
Par.
i
Actual.
Vumber
of Shares
*
•
Jan ... 21,231,98; 7.810.846.050 1,0I9,6?O,H83 9.290,391
Fab
10,100,233! 1,530,370,600 1,190,699,102 8,960,824
March 17.742,390 1,705.438,450 1,875.20 .831 10,080.9-8
Values.
Par.
1
912.661.075
873.528,400
984,492,760
Actual.
T~
041.911.009
060.208,221
788,778,695
l i t qr 58,100,00815,5 1,054,000 4,186,0-15.786 28,328,203 2.770,676.825
2.080,897.815
500,527,150 443.292,230
871.430,460 639.711.83.3
April... 16.998,020 j 1,075,088.550 1,431.736,173 5.979,445
M ay-., lt.655.80911,407.503 851 1,'Si.'-SO.SIO 0,191.084
!
1,000, $5,000, $10,000, coupon. $50, $100, $500, $1,0 ,0; 3s o f 1W08 191S registered,
20. $100, $50), $1,000, $5,000, $1 *,000. coupon, $20, $100 $5b0, $1,000.
DEBT ON W H ICH INTEREST HAS CEASED SINCE M A T U RMav
IT Y . 31.
Funded Loan o f 1891, matured September 2,1891 . $112,*50 00
$112.85') (-0
uld debt matured prior aud subsequent to Jan. 1,’61 1,105,540 26
1,< 05,500 28
U ebton which interest has ceased .....................$1,218,390 26
Bouds issued to Pacific railroads matured but not yet pre
sented; Union Pacific, $38,00v ; Central Paciftc, $40,000;
Kansas Pacific, $7,OOu; total..............
$1,218,350 26
$85,000 00
DEBT BEARING NO INTEREST.
United States n otes.........................................
........................ $346,681,016 00
Old demand notes......................................
.......................
53,997 50
National bank notes—Redemption account.
........................ 35,591,084 00
Fractional currency......................................
.$15,258,276 66
Less amount estimated as lost or destroyed
. 8,375,934 00
6,832,342 66
Aggregate o f debt bearing no interest................
RECAPITULATION.
May 31,
April 30,
1899
1899.
Classification o f Debt—
$
$
Interest-bearing debt .. . .1,046,048,730 00 1,046,048,680
Debt, Interest ceased....... .
1,218,350 26
1,218,390
Debt bearing no Interest., .. 88.1,208,42 ' 16
388.J47.727
Total gross debt.............1,43\475,500 12 1,435,714,707
Cash balance In Treasury. . 20:,6-44.O93 03
203,127.533
,$389,208,410 16
Increase or
Decrease.
00 Inc.
26 Dec.
10 Inc.
* 50 00
40 00
7 c0.098 00
43 Inc.
05 Inc.
?00ff03 00
4,460,500 93
Total net debt................1,108,391,400 44 1,172,537,284 37 Dec. 3,095,857 #3
The foregoing figures show a gross debt on May 81, 1899,
(interest-bearing and non-interest bearing) of $1,436,475,500 42
and a net debt (gross debt less net cash in the Treasury) of
$1,168,891,406 44.
•
R a i l r o a d D e b t . — These bonds are never included
in the official total of the Government debt. To show their
present statns we have made the following compilation:
THE CHRONICLE
JcrxE 3, 1899.]
1057
4
U NLIQUIDATED
bonds
is s u e d
to
p a c if ic
r a il r o a d s - t h e ir
supply of iron ore will give out, and that the prices of all
iron manufactures m ay therefore be raised so much that the
demand will be greatly reduced. But though prices have
Railroad LiabHUy.
Repaid by Companies.
risen they still are moderate enough, and there does not
Set
Through Settlement
Balance
Sam*
Bond»
seem much sign yet of any falling off in orders.
o j Railway 1 Itmcd
UA h
Due
Jnt. Paid linkin']
Total.
Fund. ijovtrnm’t.
, 6* Gov't. by Gov't
17. S.
Abroad, too, there is an improvement in business. For a
long time trade has been very active both in Germany and
I
$
«
*
Central Pact8c..;i5.S-5,12'j 36,604,385 9,l<i.452 53.8? 0,05 3 62,489,505
in Belginm. N ow there are signs of improvement even in
KeHjas Pacific.. 8,303,000 6,607.45*12,910,458 I2,$U0.458
France, though as yet the signs are not very considerable, ex
Union Pa«iae..;2T,«sa^ie 31.211,712 1«,104,018 10,253,6<*J 58,448,^24
3,763,171 cept the eagerness in buying raw wool.
Cem.Br .U.Pa.-.. 1.*....•}«» 2,163,171
West. Pacific.. 1,970,580 3.453.103
5.423,663
5,423.661
The meeting of the Peace Conference this week attracts
1,216,042
Sioux C -A Pac 1,828.320 2A88.827
very little attention in London. Few hope much from it.
T o ta l..
84,823.512 82,*28,45127.?9\070 111.070,780 139.271330 7.980,113
The utmost that is expected is that the different Powers rep
. * G,o r co n sen t accepted principal o f bond*—$3.308.000—in fall payment o f ail resented will pledge themselves to consider whether any
in
debt4*djie34
quarrels arising between them may not be submitted to
T r e a s u r y C a sh an d D em an d L ia b il it ie s . —The cash hold arbitration before actual war breaks out, and that various
ings o f the Government as the items stood May 31 we take plans will he adopted for lessening the horrors of war. But
from the Treasury statement o f that date. The net cash that any real check to the growth of armaments will he
balance given below is the same a3 deducted above in reach* adopted is greatly doubted.
ing the net debt.
In France the hope is growing that the Court of Cassa
c a s h in t h e t r e a s u r y .
tion will very soon now decide either for the revision of the
G old—Coin ................ .................................. .................... fl39.t80.074 51
B ora ....... . ..............................
121.742,353 68—I2dl.201.4e7 12 Dreyfus case or the gnashing of the judgment altogether.
o R r a r —D o lla r s ............................ ..................... *............ 41b.iW i.9il 00
A little while ago grave fears were entertained that the
Subsidiary c o in ........................ ........ ............, .............
fl, *93,355 40
B a r*.
............................................................ 85,000,875 <54
506,119.172 04 General Staff might be able to stir up disturbances and thus
Pa^wr—U oited
not^w.
..................................
to protect itself from punishment. But now the impression
T reasu ry note* o f I &>0............................ ................
92:<.498 00
G*jtd certificate*............................. ..............................
L<H8,filO 00
is gaining ground that the new President is strong enough
S d r e r certifica tes .. .
........................................
3, v 6 .*)
to enforce the law, and that the members of the General
'
- !••;M A :* Fane a. 1»72>................
400,000 00
. Natior.aJ bank n o ie a .................
4.029.191 3 4 46,606,78324 Staff, who have been guilty of so much infamy, will be
O ta er—B'«nds. in terest an d cou p o n * paid, aw a itbrought to Well merited punishment. The return of Major
reim bu rsem en t ____. . . . . ............... .................
76.01579
M in or co in and fra ction a l c u r r e n c y ..
.......
31 i.A-w 70
Marchand is exciting some uneasiness. But it is not thought
DjMMrtM in n a n bank deprwUarfce*—c e n t r a ! ace 's, 75,935.065 86
probable that he will set up to be a Bonlangist. S i l l , there
D b b a r s in # o fik e r V ba la n ce*.................... ...................
fi.ttU.iOi 71— *8.140,881 05
is the danger in any case, if the present distracted state of
A **re*fate................................« . . . .............................
Id98.067.0d3 45
France continues, that the Exhibition next year will be
D EM AN D L IA B IL IT IE S .
gravely compromised. And the fear that it may be spoiled
G old c e r t ific a t e * ..............*............................................. 534.434,839 00
S ilv er certificate*............. . ........ .................... ........... , 405jS 7r6»>4 00
altogether no doubt will exercise a great influence upon pub
Certificates* o f d eooa it A c t J otto 8 , 1S72 .............. tl.»O*>.0O0 00
lic opinion in France and indeed is exercising a great in
T rea su ry n ote* o f Ids#..................... . ......... ......... Oj/dto.rtto 00-1555.517,613 03
F u n d f o r r^dem p. o f uncnrreftt a a t l bank n ote*
9.I5L787 51
fluence already.
O otit*rid in g ch eck * and d r a f t * .,.. .................. .
4 ,i« 7 t'>id M
i a Germany the liquidation of bad business is going on.
DUburamtf officer*' balance*
....... ........... .
63.65e.94a 55
7,14.5 6<a£ 0O— 74,965,356 47 But operators are beginning to recover courage, and there
Ag&nrrr account a, A c . ., ................ .............
G old reserve
..................... flhO/OO.OOO i »
is more buying this week of American securities than there
N«4 c**b b a la n ce........ ..................... tfi. jScrtJooa *M .......................... .
2fi7.684.0Si3 W
has been for some time past.
Ancnsnu
............. .
.. ......
ISSH.OftV 4 S 45
A t home there is very little doing. Even investment is on
N e t GMMh balance tn th e T reasury A p ril 30, 1603.'
$263,137.6*305
N fit cash balan ce In t b e Treasury M ay 3 L i S 9 9 _ .. . . . .
•7d.\£Hi0p3m a restricted scale. The truth appears to be that the demand
for money for trade purposes is so great that the larger
la c r e a a e durtnfi tb e r o o n th ... . . . . . . .
...........
1 4.456.5 70 93
capitalists are employing the money in that way rather
than upon the Stock Exchange, and the small investors are
FAILU R E S B Y BRANCH ES OF TRADE.
engaging in mining or industrial securities or ventures in
W e take from D on’s Review the following statement CbiDa and elsewhere.
The great pnblic has not taken much part In tbe Am eri
showing the failures in the United States by branches of
can market for a long time, and it did not suffer, therefore,
trade for the month of May in each o f the last three years:
from the drop that occurred on the death of M r. Flower.
FA iLtrnK S BY BHASCHKN OP BUSINESS.
There has been more buying here this week, but largely it is
May.
by professional operators.
In the industrial market there is a pause. And there is
1899.
1896.
1807.
likewise a pause in the mining market. In Western Austral
No. UaMlUies. No. UaMlUie*. No. HabuUu*
ians there has been very active buying in some securities.
Manufacturer*.
1
«
%
But in South Africans the uncertain relations between the
4
Iron. r»andri<» and aaiis-.
18,601
1
75,000
i
G-Q <00
Machinery ami to o l?. . . . . . .
4
60,08^
2fi
8
0i.7(JO Boers and thy Uitlanders deters people from engaging in
w .» .r a,.
3
7 1*117*000,
101.134
3
84,000 new risks. The market here was surprised on Wednesday
yotton*. i.u-.v iuDi hosiery.
2
8,000
6 /0 0
l
3
61V0O
Lam b*r.carp *nl *t i l V k i p r i
23
166,309
<397.710
39
2;
205.480 morning by a telegram s t a t iD g that half a dozen British
23
CloEh-lntf arid eojllinerr. .,
835.911
17
115,759
21
13 MS 5 officers had been arrested for high treason in Johannesburg,
Hat*. grf*'**** and fur*. 10.700
3
*3,* 05
2
67.400
22
Chemicali» dru*« A
7C/76
6,000
6
80 500 and taken at once to Pretoria. Neither the Colonial Secre
8
8
43,100
2i
339.10*
pri&Mr,* and *»n*f*Tln£.,..
12
1< 1 670 tary nor the great mining magnate i had aDy information on
7
7
40.7ft*.
Minin* and baker*
. .
lOT.fii*
8
lftO.Wfc
10
Leather. «ho«* A harness
8
3.S.WW
623.2*2
18
731.541 the subject, and the names of the prisoners were quite
7
41,631
G
U qaor* and tob a cco...
10
248,027 obscure.
n
35,800
2
6-/840
Ola**, earthenware A brick
4
274.800
W5.1T*
A ll other ..................... ,,
61
CO 1,101*700
The general Impression here is that the conspiracy, if in
72
Total a>annta#*tann«,„
145
*1.
5.787,701
109 4.509,815 deed there has been a conspiracy, is a “ got up” j ib, the
Trade r*.
secret agents of the Boer Government organizing it for
G«tD?r *l * t » r e * ...... ..........
106
7i
77
881.2H their own purpose. It is certain that the Uitlanders are un
6*8.0**
93
184
685,717
1ft*
*8*881
meat* and fi*h .
474/41
H otel* ar, <j rwsrtanran t*., .
1*7/02
2*8,
UO
27
34
iS
157,910 armed, and that neither arms nor ammunition can be
Liquor* and tob a w o ____
190,880
41
4*4.972
73
4W.-5-.
CJothln* and ?uml*blntf..,
78
76
873,711
7?
174.08H
617,536 brought in from abroad. And therefore it is not believed
S9
2V1.568
Dry < p »i* and carpus, ..
Sn
5f.0,9 *8
41
702.718 that any sane men have engaged in a serious conspiracy.
8h*j***, rubber* and trunk*
23
816.971
37
tr2.970
42
142.846
fUmSture and crockery....
200/00
80,420
17
*6|
i*
*84.8*1 But of course all that remsiins to be seen. The fact, how
Hardware, mo re* A tool*
11
23
U
103.102
488,147 ever, that the arrests have been made is calculated to pre
DrOvT* and p a in t* .........
1.1
3i
124 910
31
m .s n
ifli/d o
jew elry and niock*
I2.40o
3
Id
3*vm
107/00 vent people from engaging in new risks.
18
Book* and pnrM*r*.
7
82,4*1
17,8A)
4
8,
62,007
Money continues easy and abundant. The four millions
Hot*, fur* and hIot«* .,,
*2.000
2
4.0 0
*3,600
«
8
A ll oth er...........
76
64
858,824
966,158
80
7r 6.87? sterling paid by the United States Government to Spain is
lodged to the credit o f the latter country in London and
Total trading.
420 *.4!!M«$
Til! 5.087 >93
70* 4.130.010
Broker* and tran* p orW *.
84,68 >
764,361
361 l,1>-0.534 Paris, and is helping to make money here very abundant and
83
cheap. It is not though probable that gold will go from here
Total com m ercial..*...
581 33*0.68?
956 i 1,180,070
na«! 11.3141,3*0
either to Paris or to Madrid. The general expectation is that
No til —Iron, woy'Ujo* and cotton* inclnfi* ail the branches o f taot* rnana' the money will be left in London and Paris to meet future
ra-f'tre*, machinery Include* implement* and loot*; lumber Include* «aw engagements
plsmojr. «suh and door mill*, carpenter* and c *»per»: elothlna Include* millinery
Meantime it looks as if we were about to have a consider
and mrni*binjr«; hat* Include furs and *lo»e*; chemicals Include dnwa. fertUt*er^ DAlnr* and oiM; printing and book* include enem ring and map*; mllHiur able number of new issues that will take away more or less
imMude* baklniir; leather and shoe* include maker* o f harness, saddlery, trunks
and rvibtmr tfood't; liquor* Include tobacco, wine*, brewer? and beer,
in - gold. Toe Japanese Government has arranged with a
e iu d ^ earthenware, pottery, brick, lime and cement; n o w r lt * include meats powerful group of banks in London for a loan of 10 millions
•mi flAh; hotels include restaurant*; dry stood* Include carpets and curtains;
TurnD ore includes crockery; hardware Include* stoves and tools; and Jewelry sterling, bearing 4 per cent interest, the issue price to be 90.
incln ies d o ck s and watebe?. Broker* include all real estate, note. inaur'irife Tne loan is for the purpose of completing the naval and
or pr idin-e dealers whose main basinets is not the handling o f actual products
military preparations and for public works. B at it is not
and transporters Include all eveant lBct»rporated railway companies.
thought probable that very much will be taken in the form of
gold, for some time at a ll events. Japan has to pay for the
m o n r ta x -u f C o m m e r c i a l E n g l t s I t i l c t D B ships
and munitions of war she has ordered in such large
numbers: and the greater part of the money, therefore,
i From our own correspondent, j
will be retained at the Bank of England and will be only
L ondon , Saturday, May 20, 1899.
gradually expended. But some of it, no doubt, will go to
While trade continues to expand in every direction, busi Japan.
The Argentine Government is again negotiating for a
ness upon the Stock Exchange is rather slack. In trade
proper there never perhaps has been a time in which ac loan of six millions sterling. It has tried likewise in Paris
tivity has been more general. In tbe Iron trade consump and Berlin. The loan is required to fund the fl eating debt
tion is so Immense that great fears are entertained that the which was incurred daring the war preparations against Chili.
STATUS JUNE I, 1899.
THE CHRONICLE,
1058
Now (but a peaceful arrangement has been made with Chill,
the Government is naturally anxious to reduce the heavy
charge of this Heating debt, and to fund the debt once for
all. But Argentina has been paying the full interest on its
debt for so very short a time that the public here is not
quite convinced that its finances are yet in a satisfactory
Btate. And it is doubtful, therefore, whether the loan will be
very freely subscribed for.
The Russian Government, moreover, is very anxious to
borrow here. The French are not willing to lend much
more. The Germans need all their capital for their own
purposes. Russia, therefore, is not able to borrow, and she
is very anxious to get admission once more to the London
market. Whether it will be possible to raise a large Russian
loan here remains to be seen.
. . .
There are a number of small issues likewise impending
for the colonies and for smaller foreign governments, all of
which will, by giving a power over the money market, tend
to make that market more sensitive, and probably to raise
rates very considerably in the autumn.
Meantime the India Council continues to sell its drafts
very well. It offered for tender on Wednesday 40 lacs, and
the total applications were m oie than ten times as much.
The whole amount was alloted at prices ranging from Is.
8 31 82d. per rupee to a little over Is. 4d. per rupee.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols,
Ao., compared with the last three years:
1899.
1898.
May 18.
►
27.449.310
11,932.659
43.1f5,953
)3.l85,9ftH
34,310.099
25,441,456
36,090,765
46
4
Man 17.
Circulation..................................
P u blic deposit®..............................
27 681.830
11,4&7.538
1896
May 21.
1897.
May 20.
A
26.0*3,175
15,637,151
49,262.506
16,260.785
29.490,225
87,993.587
47.20B.762
58%
27,185,185
11 494,2*8
39.500.5 >9
13.922,127
28.654,701
20,2<- 3.639
36,678.824
Other d e p o s it® ........................ 37,461 02»
Government securities............ 13.373,128
Other secu rities........................ 34,100,510
Reserve o f notes and c o in ........ 10.S20.156
Coin Abulllon, both departm’ts 30.201,0b0
61%
Prop, reserve to liabilities.p.ct.
39*4
2
2
Bank rate....................percen t.
3
110% 113 11-lf d. 112 7-E d.
Consols, 244 per cent.....................
110*4
a*%a. 31 1-16(1.
26 7 l«d.
Silver;.........................................
28 l-16d.
Clearing House returns......... 216,120,000 171,078,000 152,9b7, 00 172.387.0C0
• May 13,1897.
«
Open Market Rates.
Bank Bills.
£
a 8 Months. 1 4 Months
6 Months
Apr. 2 a
3
•*
May f 3
..
c
*• iw s
2 & 'i 1-16 2 @ 2 1-10 2 @2%
i 1-1*92% 21-lf® 2%
2 3 164*2* 2 3-16(54
2 8-1* @ 2 *
2%®2 3-16
2 8-10
e % « 2 3 I"
2 3-16
Interest atlovnd
far deposit* bi
Trane Bills.
Joint Dus’ i f ’
AW
3 Mon. i Mos. Banks Call Dayt
to
to
to
to
to
1%
1%
to M H
tofoto 2%@ 2% to to
2%
2%
1*
IV*
i«
1%
m
m
1*
Messrs. Pixley & Abell write as follows under date of
May 18:
G o ld .—Until the en d o f la st w eek the B an k re c e iv e d all tlie a r r iv a s .
b u t s in ce then there has been su fficien t C on tin en tal d em an d to a bsorb
th e o p en m ark et su p p lies, w h ich h a v e b een ra th er sm all. The B ank
has re c e iv e d £ 7 6 ,0 0 0 in bars an d co in . A r r iv a ls : C ap e T ow n , £ 3 3 0 ,0 0 0 . S hipm en ts, M a y 1 0 : B om b a y , £ 6 5 ,0 0 0 , C alcu tta , £ 1 0 ,0 0 0 .
T o ta l. £ 7 5 ,000.
S ilv e r.—A fte r fa llin g ra p id ly to 28d. India ca m e in as a b u y e r o f b o th
ca sh an d fo rw a r d . Tlie p rice a t o n c e ro s e t o 2 8 3 ,ftd. fo rw a rd , silv er
b e in g U .d . b e :o w spot. W ith A m erica som ew h a t in clin ed to sell,
a lth o u gh n o t h e a v ily , m ost o f the a d v a n ce lias sin ce b een lo s t and
c lo s e is w eak a t 281 d L ast Indian p rice Re. 7 1 78 per 100 Tolalis.
A r r iv a ls : N ew Y o r k . £ 1 4 1 ,0 0 0 ; Chile, £ 1 2 ,0 0 0 . T otal, £ 1 5 3 .0 0 0 .
S hipm en ts, M ay 1 0 : B om b a y, £ 3 5 ,0 0 0 ; C alcu tta , £ 1 7 ,5 0 0 . T o ta l,
£ 5 2 .5 0 0 .
M ex ica n D o lla rs —T h ese c o in con tin u e w ith ou t fea tu re an d are e n
tir e ly nom in a l.
The quotations for bullion are reported as follows:
Gold.
L o n d o n Stand ard.
B a r g o ld , f l o e ___ 0 2.
0 . 8 . g o ld c o i n ...o * .
B e rm 'n g o ld ooln .oz .
F re n ch g o ld ooln .ox .
J a p a n e s e y e n — oz.
M ay
18.
s.
77
76
76
76
76
d.
9
5
6
6
5
M ay
11.
t.
77
76
76
76
76
Si l v e r .
L o n d o n S ta nd a rd
d.
9
5
6
6
5
May
18.
M ay
11 .
d.
d.
B a r s ilv e r , fin e .. .oz 281,6 283lfi
B ar s liv e r , c o n ta in ’ ,
d o 5 g rs. g o ld .o z 28=3 28%
d o 4 g r s. g o ld .o z 28 % 28*3
d o 3 g r s. g o ld .o z *83,6 285ie
3030
C ak e s ilv e r .......... oz 30%
M e x ica n d o lla r 8.07 27% 27*a
The following shows the imports of oereal produce into
the United Kingdom during thirty-seven weeks of the new
season compared with previous seasons:
IMPORTS.
1 89 8 -9
I m p o r ts o fw h e a t ,o w t.4 2 .5 6 2 .1 50
B a rle y ...............................1 8,5 2 6 ,4 4 3
O a ts...................................1 0 ,0 9 9 ,6 2 0
P e a s .................................. 1 ,6 9 3,33 0
B e a n s .............................. 1 ,4 6 3,70 0
I n d ia n c o r n ....................3 8 ,6 6 0 .3 6 0
F lo u r .................................1 6 ,4 6 4 ,0 3 0
1897-8.
4 5 ,2 7 2 ,5 1 0
1 5,8 1 0 ,6 9 4
1 0,5 4 4 .6 6 0
1 ,880,320
1 ,9 5 8,21 0
3 5 ,7 7 9 .7 0 0
1 5,5 5 8 ,6 3 0
1 89 6 -7 .
4 8 .0 92 ,5 5 0
17,0 85 ,9 5 0
1 1.8 46 ,0 8 0
2 ,3 9 5 ,9 6 5
2 ,0 4 8,10 0
4 4 ,5 5 4 ,4 8 0
1 5,5 3 6 ,6 6 0
wv
. . .
1898-9.
1 89 7 -8 .
1 896-7
W heat Im p orted , o w t.4 2 ,5 0 2 ,1 5 0 4 5 ,2 7 2 ,5 1 0 4 8 ,0 9 2 ,5 5 0
Im p o r ts o f flo n r......... 1 6,4 6 4 .0 3 0 1 5,5 5 8 ,6 3 0 15,5 36 6 60
• a le s o f h o m e -g r o w n .2 5 ,5 0 0 ,0 0 0 2 0 ,6 7 7 ,6 4 1 1 9 ,3 60 ,0 3 9
T o t a l......... ..............8 4 .5 2 6 ,1 8 0
8 1 /0 8 /7 8 1
82,989^249
1897-8.
45s. lid.
34s. lid.
1896-7.
27s lid
28s. 10di
1895-6.
4 6.3 0 1 .4 7 0
15.023.290
1 1 ,7 70 ,6 1 2
7 3,0 9 5 ,3 7 2
1895-6.
25s. 7d.
2 5s. I d .
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom :
L ast w e ek .
2 ,9 8 0 ,0 0 0
3 4 5 .0 0 0
5 8 5 .0 0 0
1897
1 ,3 2 0 ,0 0 0
21 0 ,0 0 0
5 3 0 .0 0 0
1 89 8 .
2 ,4 0 5 ,0 0 0
2 4 0 .0 0 0
8 8 0 .0 0 0
B n a l l a k i F i n a n c i a l m a r k e t s —P e r
C a b le .
The daily closing quotations for securities, etc., at London
are reported bv cable as follows for the week ending June 2.
Sat.
London
M on.
2S1„
S liv er, p e r o u n c e ........ d. 281,6
C o n so ls., n e w , 2 % p .c ts . 10911,6 1 0 9 ls 16
109%
F o r a c c o u n t .................. 109%
F r’ ch re n te sfin P a ris)fr. 0 2-2 7 % 0 2-0 7 %
62%
19
A.tch. T o p . & S an ta F e .. 18%
56%
101*3
C an adian P a ciflo ............ 101*8
5 3*2
C entral P a c i f i c .. - .........
26
1 27 %
C hic. M il. & St. P a u l.... 1271s
22%
Den. &> li io G r. co m . —
..........
Do
d o P re fe r re d .. 783s
13*8
E rie, c o m m o n .................. 13%
36%
3 5 *3
116*3
Illin o is C e n tra l............... 116*2
69
L o u is v ille <fe N a sh v ille . 6 8 %
M o. K a n . & T e x ., c o m . . 12%
L34
134*3
N. Y. C ent’ l & H u d son . .
N. Y . O n ta rio & W e st’n 25%
N o, fo lk & W e st’ n p re l. 69%
N orth ern P a ciflo , c o m .. 4 9 %
79
P r e fe r r e d ...................... 7 9
60%
6 s**3
P e n n sy lv a n ia .................
1038
•Phila. <fe R e a d ................ 10*4
• P htla.A R ead., l s t p r e f . 28%
* P hila.& R e a d ., 2d p ref. 17*4
S outh’ n R a ilw a y , c o m .. 1 2 %
.. .. ..
P r e fe r r e d ....................... 52%
O n ion P a c ific ................... 43*8
77
P r e f e r r e d ...................... 7 6 %
W abash, p r e fe r r e d ......... 21*4
.........
* P r ic e p e r share.
......
......
T u et.
Wed.
TA u r t.
F r».
2 8 l ,6
27%
281,e
28
1 0 9 i% fi 109%
1091,6 109
110%
10 9%
110*8
10938
0 1-9 2 % 102-40 0 2-2 2 % 102-4 0
65*4
18%
18*3
18
18*6
5533
56*3
55*3
102
1023s
10 2
1 01 %
53
52
51%
24%
25*3
25
127
1 25 %
1265s
126*4
23
22
22%
..........
78 s8
77%
773s
13%
13%
12%
12%
36*3
36*3
35
35*4
114
116*8
116*8
114*3
68%
68%
66%
6 7%
12%
12*3
12*3
134
134
132
132*3
25%
25
25*4
69
68%
68*4
47%
48
49*3
78%
77%
78%
76*3
65%
65
65
65%
10%
10*3
10*3
10*4
2h%
29%
29*4
.. . . . .
18
17%
17*3
12
10 %
l-%
51%
49%
50*4
43
41*4
42*4
773g
76
77
77*8
21%
20
20*4
.........
......
......
......
......
© o m m e r c t a la r n l n fc is c e T Ia u e a u s B v t u s
N A T IO N A L B A N K S O R G A N IZ E D .
5 .1 8 8 .
—T he C itizen s’ N a tio n a l B a n k o f A lt o n , 111. C a p ita l, $ 1 0 0 ,0 0 0 .
A u gu st S ch la fley , P r e s id e n t; C h a rles F . S te lz e l, C a sh ie r.
C ertifica te issu ed A p r il 2 4 , 1899.
5 .1 8 9 .
—T h e F irs t N a tio n a l B ank o f G e n o a . N e b ra sk a .
C a p ita l,
$ 5 0 0 0 0 . O. E . G reen , P resid en t; W. J. S te w a r t, C a sh ie r.
C ertifica te issu ed A p r il 27, 1 899.
5 .1 9 0 .
—T h e C itizen s’ N a tio n a l B a n k o f N a v a s o ta , T e x a s .
C a p ita l,
$ 5 0 ,0 0 0 . W. R . H o w e ll, P re sid e n t. C e rtifica te iss u e d A p r il
2 9, 1899.
5 .1 9 1 .
—The C oal & Iron N a tio n a l B an k o f C le v e la n d , O hio. C a p ita l,
$ 5 0 0 000 . J o s e p h C. G ilch r ist, P r e s id e n t; A le x a n d e r B .
M arshall, C ashier. C ertifica te issu ed M a y 1 3, 1 89 9 .
5 ,1 9 2 —G r a y so n C o u n ty N a tio a l B a n k o f S h erm a n , T e x a s . C a p ita l,
$ 1 0 0 ,0 0 0 . J o h n P . W ith ers, P re s id e n t, J . W. B la k e , C ash ier.
C ertifica te iss u e d M a y 15, 1 8 9 9 .
5 ,1 9 3 .—T h e F irs t N a tio n a l B a n k o f R a n to u l, I llin o is .
C a p ita l,
$ 5 0 ,0 0 0 . H e rb e rt W est, P r e s id e n t ; E d w a r d B . R o g e r s ,
C ashier. C ertifica te issu ed M a y 2 0 , 1899.
5194.
—T h e B an k o f < o m ra erce N a tio n a A s s o c ia tio n o f C levelan d*
O hio. C ap ita l, $ 2 ,0 0 0 ,0 0 0 . G e o r g e A . G a rre tso n , P re s id e n t;
S am uel M a th er, V ice-P resid en t; J. H . W a d e , 8e co n d V ice P re s id e n t; G eorge S. R u sse ll, C ash ier; G . F. C le w e ll, A s s is t
a n t C ash ier. C e itifica te iss u e d M a y 2 2 ,1 8 9 9 .
5195.
—T h e S ou th ern N a tion a l BanR o f L o u is v ille , K e n tu ck y . C a p ita l,
$ 25 0 ,0 0 0 . W . J. T h o m a s, P re s id e n t; J . W . N ic h o ls , C ash ier.
C e rtifica te issu ed M a y 2 5 ,1 8 9 9 .
L IQ U ID A T IO N .
1 ,4 7 7 .—T h e T h o m p so n N a tio n a l B a n k o f P u tn a m , C o n n e c tic u t, ha s
g o n e in to v o lu n ta r y liq u id a tio n b y r e s o lu t io n o f its s t o c k
h o ld e rs , d a te d A p r il 2 4 ,1 8 9 9 , t o ta k e e ffe c t im m e d ia te ly .
2 ,8 3 9 .—T h e P e o p le ’ s N a tio n a l B a n k o f A ra e rio u s, G e o r g ia , ha s g o n e
in to v o lu n ta r y liq u id a tio n b y r e s o lu t io n o f its s to c k h o ld e r s ,
d a ted A p ril 1 5 ,1 8 9 9 , t o ta k e e ffe o t im m e d ia te ly .
4 ,3 0 7 .—T h e C on tin en tal N a tio n a l B an k o f M em p h is, T e n n e se e e . has
g o n e in to v o lu n t a r y liq u id a tio n b y r e s o lu tio n o f its s t o c k
h o ld e rs, d a te d A p ril 8 , 1 89 9 , t o ta k e e ffe ct A p ril 2 5 ,1 8 9 9 .
4 ,0 3 8 .—T h e F irst N a tio n a l B a u k o f P a n a , I llin o is , h a s g o n e in to v o l
u n ta ry liq u id a tio n b y re s o lu tio n o f its s to c k h o ld e rs , d a te d
M a rch 15, 1 89 9 , t o tak e e ffe ct M a rch 16, 1 89 9 .
3 ,9 9 9 .—T h e F irs t N a tio n a l B a n k o f E lm C reek, N e b ra sk a , ha s g o n e
Into v o lu n ta r y liq u id a tio n b y re s o lu ti n o f its s to c k h o ld e rs
d a ted M aroh 2 9 ,1 8 9 9 , to tak e e ffe c t M ay 15, 1 899.
1 ,2 5 2 .—T h e N a tion a l F a rm e rs’ an d P la n te rs ’ B an k o f B a ltim o r e ,
M a ry lan d , has g o n e in to v o lu n ta r y liq u id a tio n b y r e s o lu t io n
o f its sto c k h o ld e rs d a te d M a y 16, 1 8 9 9 , to ta k e e ffe ct im m e
d ia te ly .
IN SO L VEN T.
2 ,0 3 9. - T h e C itizen s’ N a tion a l B a n k o f H ills b o r o u g h , O h io . J o h n
H u litt a p p o in te d R e ce iv e r, in p la ce o f R o b e r t M. D it t e y ,
re sig n e d , to ta k e e ffe o t A p r il 2 7 , i t - 9 9 .
1895-6
4 6.3 0 1 .4 7 0
1 7,233,420
9 ,4 6 ?,P 8 0
1.9 1 6,36 0
2 ,4 7 5,23 2
3 1 ,7 8 5 ,9 7 0
1 5 .0 23 .2 9 0
8upplles available for consumption (exclusive ol stocks on
September 1):
1898-9
Avsr.prloe wheat,week.25a. 4d.
Average price, season..26s. 4d.
This w eek.
W h e a t................q rs .. i 3 ,4 4 0 ,0 0 0
F " iir ,e q u a l t o q rs .. $
6 7 0 .0 0 0
M aize................. o rs .
N a t i o n a l B a n k s . — The following information regarding
national banks is from the Treasury Department.
The rates for money have been as follows :
London
[Vox,. LXVIII.
R E S E R V E C IT Y .
The city o f In d ia n a p o lis , In d ia n a , w a s on M ay 1 1 ,1 8 9 9 , a p p r o v e d as
a re s e rv e c it y , u p o n a p p lica tio n o f a ll n a tio n a l b an k s th e re in .
imports AND Exports for the W eek . — The follow iiig are
the imports at New iTork for the week ending for dry ^oods
May 25 and for the week ending for general merchandise
May 26; also totals since the beginning of the first week
in January.
FOREIGN IMPORTS A T N E W Y O R K .
F o r w eek.
1899.
1898.
1897.
1 89 6 .
D ry G o o d s ___
G en’ l m e r’ d ise
* 1 ,5 7 0 ,4 3 9
8 ,5 8 0,95 8
T o t a l___
S in ce J a n . 1.
D ry G o o d s ___
G en’ l m er’ d ise
* 1 0 ,1 5 1 ,3 9 7
* 7 ,8 2 7 ,2 1 0
* 1 ,6 9 2 ,7 8 6
* 6 ,6 6 0 ,8 9 7
* 4 5 ,8 3 7 ,0 7 8
1 7 4 ,9 7 0 ,0 4 5
* 4 2 ,7 0 8 ,2 8 8
1 4 3 ,8 9 2 ,7 2 3
* 6 1 ,7 2 3 ,0 4 8
1 7 0 ,0 1 0 ,3 5 8
$ 5 3 ,3 8 3 ,1 8 1
1 4 6 ,7 5 8 ,6 5 9
* 1 ,1 4 9 .8 5 2
6 ,6 7 7 ,3 5 8
* 3 ,0 7 4 ,8 3 9
8 ,6 1 7 ,9 4 7
* 1 ,1 7 5 ,0 1 2
5 ,4 8 5 ,8 8 5
T o ta l 21 w eeks $ 2 2 0 ,8 0 7 ,1 2 3 * 1 8 6 ,6 0 1 ,0 1 1 * 2 3 1 ,7 3 3 ,4 0 6
* 2 0 0 ,1 4 1 ,8 4 0
T h e im p o r ts o f d r y g o o d s f o r o n e w e e k la te r w ill b e f o u n d
in o u r r e p o r t o f th e d r y g o o d s tra d e ,
T o e fo llo w in g is a s ta te m e n t o f th e e x p o r ts (e x c lu s iv e c f
s u e c ie ) f r o m t h e p o r t o f N e w Y o r k t o f o r e ig n p o r t s f o r t h e
w e e k e n d in g M a y 29 a n d f r o m J a n u a r y 1 t o d a t e :
* e e k e n d in g M a y 27, b a s e d o n a v e ra g e s o f t h e d a ily r e s u lts
W e o m it tio o c ip h e r s ( 0 0 J i n a ll ca se s.
D eposit, w ith
BANBJ8.
(00* omitted,)
S X P O a lS I& O M S S W YORK FOB TUB WSiCK.
F o r th e w eek ..
P r e y , re p o rte d
1 89 9 .
1898.
* 5 ,9 7 1 ,5 9 9
1 8 4 ,1 9 9 ,5 8 5
$ 9 ,9 6 3 ,1 3 2
1 9 2 /2 8 8 ,1 6 8
1897.
1 89 6 .
* 6 ,7 6 3 ,1 5 6
1 5 7 ,1 1 7 ,8 6 6
* 6 .1 6 6 ,5 6 2
1 5 0 ,8 7 5 ,1 4 4
T o ta l 21 w eek* $ 19 (^ 1 7 1 ,1 S4 $ 2 0 2 ,2 5 1 ,3 0 0 *1 6 3 .8 8 1 ,0 2 2 $ 1 5 7 ,0 4 2 ,0 0 6
T h e f o l l o w i n g ta b le s h o w s t h e e x p o r t s a n d im p o r t s c f
s p e c ie a t t h e p o r t o f N e w Y o r k f o r t h e w e e k e n d i n g M a y 27
a n d s in c e J a n u a r y 1, 1899, a n d f o r th e c o r r e s p o n d in g p e r io d s
i n 1 8 9 8 a n d 1897.
• IP O R T S AND IMPORTS OP SPKOIS AT M W
TORS.
Im p o r ts.
S a v o r U.
S o ld .
W eek.
G re a t B rita in ...........
F i a n c e ........................
G e r m a n y ...................
W est I n d ie s ..............
M exico.....................
S o u th A m e r ic a .........
AH o t h e r oon n triee-
W eek.
Since J a n . 1.
$750,33-11 $ 4 ,7 7 0 ,3 7 7
5 .7 0 0
600
2 5 7 ,0 5 2
9 9 ,9 0 4 !
T o t a l 1 8 9 9 .........
$ 7 5 0 ,9 8 4
T o t a l 1 8 9 8 . . . ..............
T o t a l 1 3 9 7 ......... i 2 .8 5 0 ,0 0 0
$ 5 ,1 3 3 ,0 3 3
4 .5 7 1.07 9 !
1 7 ,1 6 1 .0 0 0 '
S in ce J a n . L
$ 9 ,3 1 1 * 3 ,0 1 5 ,2 9 6
2 9 6 .1 1 2
2 ,2 8 4 ,7 1 6
9 6 ,5 0 0
9 6 0 ,7 9 6
2 1 ,3 6 2
2 0 9 ,6 1 3
3 0 .1 9 3
1 2 7 ,2 8 1
15,786|
2 8 5 ,5 4 9
4 .0 5 0
3 1 ,2 2 3
* 4 7 3 .3 1 4
1 ,8 3 6 ,3 2
44 6 1 2
E xp orts.
*6 ,9 1 4 ,4 7 4
6 3 .8 6 4 ,9 3 6
1 .5 7 2 ,6 8 8
Im p orts.
S ilver.
W eek.
G reat B r ita in ...........
FranT©.........................
Weu*t I n d ie * ............. .
B outh A m e r ic a ........
A it o t h e r ootin trlee
T o t a l 1 8 9 9 .........
T o ta l 1 8 9 8 .........
T otal 1 8 9 7 ........
Since J a n . 1.
W eek.
$ 1 ,0 2 1 ,6 5 5 * 1 8 .4 4 5 .4 8 0
1 ,423.686!
4 ,1 8 0
600
4 0 5 .8 5 9
8 .6 0 0;
50
3 8 ,0 8 7
2 ,1 8 5;
............
* 1 ,0 2 2 305 * 2 0 ,3 2 9 0 7 7
7 4 3 ,2 9 9 17,1 28 ,8 8 0 !
8 5 4 ,5 0 4 1 9 ,1 8 2 .9 3 9
S in es J a n . 1
* 3 ,8 6 5
3 ,2 4 9
* 6 7 ,9 2 6
3 /2 4 9
17,651
5 8 .5 2 0
6 6 ,6 0 7
2 ,9 5 2
8 5 7 ,7 0 !
6 5 4 ,6 2 5
3 6 1 ,3 7 9
18,4 62
*152844
18.227
1 4 6 .0 5 4
* 1 ,4 6 3 ,3 4 2
1.1 3 5,19 7
1 ,0 7 6,58 4
O f t h e a b o v e i m p o r t s f o r t h e w e e k in 1 8 9 9 # 1 9 ,2 4 5 w e r e
A m e r ic a n g o ld c o in c o in . O f th e e x p o r ts d u r in g th e s a m e
t i m e # 3 ,6 0 0 w e r e A m e r i c a n g o l d c o i n a n d # 5 3 0 w e r e A m e r i
c a n s ilv e r c o in .
J ie w Y o r k C i t y C l e a r i n g H o u s e B a n k s .— S t a t e m e n t o f
c o n d it io n fo r th e w e e k e n d in g M a y 27, b a sed o n a v e ra g e *
-o f d a ily r e s u l t s .
W e o m it tw o c iv h e r s f o o J in a ll ca se* .
Basks.
Q apilai s u r p i't
L o a n s.
S p ecie
L eg a l s.
B a n k o f H ew Y ork .. *2,000,0 *1,913,7 015,200,0 $8,010,0
M&ah*n*n C o.........J 2.050.0
2,000,0
M e rch a n t*’ ........
M e c h a n ic * '.......... 9.000.
▲ m on o*..................... | 1.500.0
P fcen lx. . . . . a . - - . — .. 1.000. 0
1,000,0
0 H y.,w .s--------- 300.0
Ctw nnic*i ....................
M ercfcacU * K xch'ic*
600.0
G a iia a n ... . . . ..............; 1.000,0
300.0
B u S dh ere'A D ro v 'r *
400.0
M e c h a n ic * ’ ▲ T r a d ’ *'
Onmowiah .wwwwwwwww.
900.0
L e a th er M a n a fa c r *
600.0
300.0
Seventh. ................
s u a e o f N ow York.
1.300.0
A m e n a o K ic h * n * i 5.000.
5.000.
.................. - 1.000. 0
M e r c a n t ile ............. 1,000.0
422,7
F a etS o.......................
R e p a b ilo.................. 1.500.0
450.0
C h a th a m ................ !
200.0
P « s l « ' i ..........—
8T®rth A marie*..... ..
700.0
1.000,0
H anover ................
In ta f,
500.0
O IB M M ' ------ . . .
600.0
IflM M
.......
500.0
Market ▲ F ulton ...
900.0
L ea th er....
1,000,0
Oona M xefcaag*...*. 1.400.0
C ontinental.. . . . . . . .
1,000,0
O rien tal. . . . . . .
300.0
Im p o rte r* '* T n A 'ri 1.500.0
P » r k , . „ . . „ . ..........
2.000,0
X m I R iv e r,. . ...........
250.0
F ou rth ____ . . . . . . . . . . 3.000.
Centra*. . . . . . . . . . . . . 1.000.
S e c o n d ,— .............
300.0
Ninth ......................
750.0
500.0
F trrt.........................
W. Y .N atn K xch’f e
300.0
Eowery........ ............ .
360.0
N r » York C ounty.
200.0
750.0
9 «ra u a Am erican.
O h m . . . . . — .......... 1.000.0
Fifth A v e n a e..........
100.0
K xchange.
200,0
200,0
Qacm a a la . . . . . . . . . . .
300.0
L in co ln . . . . . . . . . . . . . .
200.0
e ld ...................
F i f t h ...................
300.0
Bank o f the Mstrop 1 300.0
W e c t S id e ........... . i 200.0
lin iM M fi...........
500.0
2.100.0
W estern . . . . . . . ....
F lrrt Nat, B’ k iyn ..
300. <
Union B an k .. > 1,200.0
SftA
500.0
S .T W ....................
H T. Prod. K ia h 'go 1,000.0
250.0
Bk.Of N. A muter dan
350.0
A # to r.........................
Total
1059
THE (-HRONICLE
J une 3, 1SW.]
2, IX 6,51 18,957,0
1.090.0 13^99,9
11.974.0
2,0X2.5
0
9,650,4 23,307.8
4.813.0
242.4
4.683.3 81,579.7
6.496.4 37 243.7
5.359.7
169.4
8.199.5
1.690.0
590,9
8 0,31
110,8! 1.763.0
170,3! 3.014.8
506,4' 4.143.3
137.8! 2.623.6
525.4
4.651.2
0
38.046.0
2,673.9;
26.819.2
3.686.5!
0
1,037,21 6.703.5
1.061.8 13,139,4
3.423.9
480,6
889,5* 20 200,6
982.9; 0.668,8
282.4
2.049.9
802,0! 19,140,6
9,409.4; 88.022.2
372.9
4.199.0
372.4
1.050.2
263.9
2.805.4
983.9
0,836.1
156.4
3.992.0
1.062.1 13,733,3
587.3
6.028.*
401.8
9.072.0
5.838.8 25.0XS.Q
3.246.8 45.360.0
155.4
1.418.1
3,095.7
32 717.8
0
i474.8
d0 * A 10,622.0
tn son r.
768,1
7.747.0
248.8
2.967.0
7,718,0 3«.903.i
67.2
2.135.8
639,4
M 1M
445.0
3.3*3 9
286.1
3.213.6
1,346,5 J 36.«06,6
1.148.9
8.282.8
.V-I ), -• 2.300.6
752.3
3,233.9
755.8
9.780.1
889.3
6.2 *6,5
339.0
2.229.0
863.0
5.833.5
804,X
2.619.0
441.3 10.473.0
1,021.8 33.4X2.0
55 0,2
4.521.0
1.103.9 16.516.0
385,2
4.240.6
356.4
4.208 1
....
3.7M .6
159.8
3,979,8
7,515*0
2,833,6
2/140,0
4,920.2
792.0
57.0X8 5
6.175.5
1,2423
1.023.9
264.9
238,0;
100,1!
860.1
MU
2.157.0
10.786.0
097.2
875.8
1,131*9
1.047.9
2.362.8
1.488.8
172.4
4 978 0
17.137.0
303.8
6.400.0
2.503.0
1.411.0
688.7
9,427.5
209.0
615.8
689.7
400.1
6.934.4
2.010.1
268.9
550.0
2 026.2
1,619.7
402.0
1,3 20.0
885.0
1.973.0
10 542.1
340.0
3.776.4
1.010.0
681.5
950.9
734.3
_____ 68.6*2.7 77 326.7! 746,P*3f4 2068765
„
Bo rou g h of
Brook lyn .
B o r , o f Qu*EN g.
Queens Co.
Bo r o u g h o f
U ic h j io n d .
*
57,7
90.0
61.9
90.0
*
114.1
173.0
*4,0
240,8
207,4
72.0
15.1
59,8
143.2
95,4
70.1
8,2
49.0
91,7
153.3 199.0
120.4 150.0
$
1,188,5
2.140.0
1.500.2
1.262.0
65,0
687.1
1.453.4
1.775.4
026.1
2.084.2
1.294.0
1.231.3
22.0
2.272.0
60,8
842,3
101.0 171,0 2.418.0
139.4
50,2 1,640,8
05.1
35.4 1,125,7
357.4
2,790,2
132,3
44.5 1.604.0
, *
1.119.6
2.104.0
1.358,9
1.029.0
159.0
703,3
1.318.2
2.330.0
576.5
1.909.7
1.116.0
843.9
2.238.0
842.1
2.035.0
1.197.2
983,0
2.322,5
1.507.8
it ,7
106,0
41.9
18,0
9
6.9
56,5
157.0
55.0
61.3
22.3
29.0
02.0
8.9
144.0
31.1
27.9
65.2
108,4
83,5
175.0
92.0
1/242,4
1.840.2
1,288.8
310,5
579.1
780,4
2.521.9
2.010.2
990.2
3.942.0
2.099.0
735.1
083.2
620,8
403.3
1.140.9
402.7
307.1
524.7
28.8
20.4
64.6
15,2
24.1
43.1
258.4
139.2
36.7
168,0
131,0
10.4
31.1
24.8
8.5
100.2
10 1
6.0
13,0
91,9
135,9
40.5
21,8
20.7
80 1
253.2
104,4
48.0
246.0
200.0
63,3
35.0
23.8
35.8
8,0
25.8
12.1
45.6
71.4
124.1
166.1
44 4
50.4
85,1
407,2
212,0
81.8
543.0
310.0
04.7
47.9
77.5
72.6
300,0
100.0' HO, l 1.941,3
61,9
75,8
189,5
466.2
037.0
16,5
17.1
18,1
22,8
*
C o lo n ia l......
„ 100,0
C olum bia___ _____ 300.0
Eleventh Ward---- 100.0
Fourteenth Street 100,0
Franklin National. 1191,4
O ansevoort............ 200,0
Ham ilton,............. 200,0
H ide ▲ Loath. N a t 500.0
Home----------- ------- 100.0
Mount M o r ris ..... 250.0
200.0
M utual...............
Nineteenth W ard. 100,0
Flaaa.................... 100,0
Riverside............... 100,0
State.......... .......... . 100,0
Twelfth W ard ...... 200,0
Twenty-thlrd WM 100,0
Union Square......... 200,0
Yorkvtll©. . . . ___ _ 100,0
Bed foul.......... ........
Broadway------------Brooklyn..........
Sixhth W a r d ......
Fifth A v e n u e ......
Kings County........
M*" " f a c e r s ' Nat*:
Mechanics........... .!
Mech’ s’ ▲ Tradr'a
Nassau N ational..
National C it y .....
North Side......... ?!
People’ *--------------Seherm erhorn____
Seventeenth W an
Sprarue National.
Twenty-sixth W*d
U n io n ....— . . . . .
Walla bon l_______
*
70,3
190.0
119,9
59,5
Net
Loaned
L ea lQiear’g Other
De
Invest- Specie.
meats.
Note*. Agent. Bhe.&c posits.
T m
88.7
221.3
84.7
100.0
116,7
28,0
115.0
107.6
114.3
115.7
51,1
307,6
141.0
150,0! 109.4
100,0 125.3
300.0 160.7
100.0 35,1
100,0 53.0
150.0 56.0
252.0 421.8
500.0 388.0
100.0 189.5
300.0 565.3
300.0 555.6
100.0 114.4
100,0 119.0
100,0 62.1
100,0 87,7
200,0 214.0
100,0 52,5
100,0 54,1
100,0 32.0
8a n a o f BtatenlBl. 25,0 48,7
let Nat..Staten Ial 100, 0 ! 72,2
OTH CR C tT t*«.
U t Nat,, Jer. City. 400.0 758/2
H ad. Co. Nat. J . 6 . 250.0 529,9
*<1 Nat., Jer. City. 250.0 371,1
Id N a t, Jer. C ity.. 200.0 200,5
1st Nat,. Hoboken. 110,0 <23.4
85,1
Id Nat., H oboken 125,0
6.0
52.9
83.0
267.2
40.9
81.9
97.0
88.0
196.0
33.0
72.0
124.2
29,5
44.8
100,0 1.377.0
1.457.0
s i , 5 1.284.0
2,0
273.4
22,2
625.0
772.0
2.909.0
3.057,2
34.5
977.3
23.0 4.095.0
97.0 3.028.0
075.4
47.4
989.5
7,7
599.8
40.6
455,7
3,0 1.031.0
4X9,2
1,4
232.9
28,3
078.5
182,7
81.5
2.155.0
4.635.1 101,7 341,4
2.213.5
88,4
1.475.6
01.1
868.1
32,1
1.679.2 108.0
933,8
52,0
T o ta l, M ay 27 5-■>»?./koAj.i- (>4 .1 1 4 .7 2,731.6 4 .0 SQJ 6 ,6 15 .6 2 .6 6 7 ,6 6 8 .6 5 5 ^
T oIa I . May 2 0 . 8 0 5 3 .4 Ss>6 3 .r 6 4 3 7 4 .2 1 .66&J , 3,0 7 1,4 7 .0 0 1,2 i j l l l . o 6 S,6 qn,7
t o ta l. M ay 18.. 3 .0 5 3 .4 6 .0 6 1 ^ 6 4 ,4 3 6 3 X2 ,7 5 0 5 3.6643 7 5 1 3 ,6 3 ,Sol J 66,6 6 2 .6
N e w Y o r k C it y , B o u to n a n d P h i l a d e l p h i a B a n k s .— B e lo w
w e fu r n is h a s u m m a r y o f t h e w e e k ly r e tu r n s o f th e C le a r in g ,
H ou se B an k s o f N e w Y o r k C it y , B o sto n a n d P h ila d e lp h ia T h e N e w Y o r k fig u r e s d o n o t i n c l u d e r e s u lt s f o r t h e n o n *
m em ber ban k s.
*1,180.0 *16,050,0
1.7 19.0 j 25.100.0
Capita* &
1.30 3.5 10.707.2
Ls #**#. 0*FO#itJ.t CHreTn CUarlngs,
9p**U
,AN X*. iFurpiu*. Loan*.
775.0 12.115.0
2,230,5! 27.519.2
*
w7 y 7
343.0
4.605.0 May 3 130.009, IT76.702.H 1884387 55 * 1 9 •= X0P.025.4 18.883.2 14894729
6.385.2 138.600,9
"
IS. 130,OC*9,i 770.740,1 1960443 55.883.9 901.562 3 13.827,5 13948835
1.918.»i 28.611.0
20
330.009.4 703.502.2 2031H.16 57,029,4 902.325,9 13.801.3 12452939
401.0
6,120.2
* 27 138.009.4 745,923,4 200X706 6P.488.5 889,706,1 13,705.7 12310160
731, a
0.919 l
B o«. *
89.8, 1.212.0 M a y 13. 68.587, j 202.052.0 17.544.0
0,001.0 234.705,0 5.171.0 142.875,6
172.0 1 1388.0
•* 20. 66.5X7.S 199,59X,0 17.258.0
0.H21.C 232.513.0 5.024.0 132.781,0
141.5
916.9
** 27.. 68,587,3 199,832.0 1 7.003,0' 6,912,0 228/156.0 4 .7 1 0 .0 127,42$,1
337.6
3 949.0
"W lla .*
139.3
M a y 13.
35.388.0 142,793.0
|lu m
171.949.0 5.812.0 94,771*8
48.710.0
3*4.6
4.115 8
•* 2 1 . 35.388.0 144/228.°
48.088.0
173.053.0 5.620.0 90,417,3
3.313.0 23,0*3 0
• 27.
170.547.0 5.002.0 8 5 ,969,8
40 833 0
35.388.0 144,743 0
3,605,8 20.453.8
* IVe omU (too ciphers in aU t KeM Hguret.
186.7
0.362 5
♦ I ncladlnji f o r B o sto n and P h ila d e lp h ia th e Item “ d u e t o o t h e r b a n k * .”
946,2! 13.980.6
406,4; 3.950.9
744.01 22.609.7
961,61 6,887.x
C o i n a g e b t U n i t e d S t a t e s M i s t s .— T h e f o l l o w i n g s t a t e
440.1
2.908.2
954.0 13.689.6 m e n t . k i n d l y f u r n i s h e d u s b y t h e D i r e c t o r o f t h e M i n t , s h o w s
2 600,4 50.284.7 t h e c u i u a g e a t t h e m i n t s o f t h e U n i t e d S t a t e s d m i n g t h e m o n t h
584.9
4.535.0
o f M a y a n d t h e f i v e m o n t h s o f 1 89 9 .
152.2
3.181.4
334.0
3.421.2
686.9
6,78 9.9
Five Months 1899.
May, 1899.
186.4
4.602.2
Denominations.
16.137.0
445,8: 7.431.6
Value.
Value.
Piece*.
Piece*.
477.2, 2,180 0
1.391.0, 25.335.0
*
?
8.558.0 00.739,0 Donble ean?le». .....
144,000 2,880.000 2,285,323 45,766.460
154.3!
1.490.1 Eagle*............. .
51.524
515,240
2.274.7 26.0*?5,Q
384,680 1,923,400 2/294,719 11,473,595
1.043.0 13.609.0 Half eagle?__ ......
38
95
711.0
8.835.0 Quarter eaglee..... .
322.1
3,388 5
Total gold..........
906.9
528,680 4,803,400 4,634,604 57,755,390
454.8
2.364.6
402.2
3.741 0 Dollars...............
2,214,000 2,214,000 8,796,301 8,798,301
344.8
4.128.4 Half dollars..........
36,000 1,092,301 546,151
72,000
8.117.2 Quarter dollars,...
SO M
1,460.000
385,000 3,168,301 792,075
4,3 i 7.4 45.213.8 Dimes..................
4,908,958 490,896
264,417
2,644,167
467.1
9.030.9
622.1
3,316 3
Total silver.........
6,390,167 2,879,417 17,965,861 10,025,423
404.1
4.732 3
432.9 11 573,0
1.907.000
98,350 3,573,686 178.684
549,7
7,794 4 Flve-cent nickel....
2.396 7 Ono-oent bronze....
143.1
2.340.000
23,400 7,039,686
70,397
6.950.7
772.0
360.0
2.981 0
Total minor...__
121,750 10,613,372 249,081
4,807,000
1.300.0 1*.935,0
1.213.7 41.042.1 Total coinage...... .
11,225.847 7.804,567 33,213,837 68,029,894
852.0
4 892,0
3X1.0 10.772.4
5.175.9
226.2
C h a n g es in L e g a l T e n d ers a n d N a t io n a l B a n k n o t e s to
3.859.5
305.9
121,8! 4.274 3 J une 1 . — The Comptroller of the Currency has furnished
4.209.1 ns the following, showing the amounts of national bank notes
165.5
.
897.8 i
737.2;
499.4
3.510.0
U571.6;
1.642.6
1,848.51
453.2
5.138.7
DepotU s
N i w Y o r k Ci t y .
B o r o u g h op
Manhattan.
Oavi- ! SurUu. ' plus.
59,43^.5 099.705.1
K « p i > n a o f N o n -A I e m b e r B a n k s . — T b e f o l l o w i n g la t h e
ta ie m e n t o f c o n d it io n o f th e n o n -m e m b e r b an k a f o r th e
May 1 , together with the amounts outstanding June
1, and the increase or decrease during the m on th ; also the
changes in legal tenders held for the redemption of hank notes
up to June 1.
HanuMuf H ank Mote* —
A m ou nt ootutund lng M ay 1 , 1 8S 9 .................
A m on n U M iieJ itarlnK M a y .............................
A m ou nt retired d u rin g M a y ............................. j
8 3 4 ,74 8 ,0 4 7
Wheat*
Corn
Export $ from— bush.
bush.
N ow Y ork... .. 750.674 1,565.732
353,985
Bouton............ 272.404 HM
9*5
Portland, Me. 40,000
Philadelphia.. 20.0 0 403," 64
982,782
Baltimore...... 304,800
62.470
New Orleans.. 153,917
43,057
Newp’ rt News - - • •
Montreal........ 650,284 403,258
4,627
Galveston — 108,649
1 ,0 1 0,55 3
Total week. 3,860,588 8.880.179
game time ’98.3,888.842 8,217,2-lS
8 2 4 2 ,7 1 4 ,3 33
.
To
1,2 5 0,34 9
0 4 9 ,77 9
$ 24 2 ,0 6 4 ,5 5 4
A m ou n t ou tsta n d in g J u n o 1 ,1 8 9 9 * .
L eg a l Tender N o t a —
A m ou n t on d ep osit to redeem n a tio n a l b a n !
note* M ay 1, 1 899 ......... ............................... i „
A m ou nt d ep osited durin g M a y . . . . . . . . . . . . . I $ 2 ,2 1 3 ,7 /0
A m t. reissued and bank n o tes retired In Ma>
1,203,107
A m ou nt o n d e p o s it t o red eem n a tio n s
b an k n otes J u ne 1 ,1 8 9 9 ...................... 1__________
„ „ nn
* 3 5 ,758,00 0
".n rou jaaon ot National u old Hanks, not un ludeu in above »82,23a
According to the above the amount of legal tenders on de
posit June 1 with the Treasurer of the United btates to
redeem national bank notes was $35,758,600. The portion of
this deposit made ( 1 ) by banks becoming insolvent, {») Dy
banks going into voluntary liquidation, and (3) by bants re
ducing or retiring their circulation, was as follows on the
F t b .l.
D ep osits b y —
| l f a r .1 .
M a y 1.
J u n e 1.
$
1 ,602,238
8 ,2 8 3 ,7 3 f
9
1 ,5 7 6 ,5 3 3
8 ,2 6 7 ,0 5 3
A p r . 1.
$
$
$
Inuol ,*'ntbkR. 1 ,780,543 1.7 2 4,78 3 1 ,6 5 8.10 5
L iq u id ’ # bke. 8,4 5 8,91 0 8,1 9 7,49 1 8 ,282,127
B e d ’o ’ Kund.*
a c t o f 1974 21,960,740121,825,076 2 3,1 8 6 ,0 9 6 24,8 62 ,0 7 3 2 5 ,9 1 5 ,0 1 4
32,2 00 .2 0 2 31,7 47 ,3 5 0 3 3 ,1 2 6 .3 2 8 34,748,041 3 5 ,7 5 8 ,6 0 0
T o ta l.
AOl Ui «*uno
so i ■».
—
B o n d s H e l d b y N a t i o n a l B a n k s .— The following interest
i n g statement furnished by the Comptroller of the Currency
shows the amount of each class of bonds held against national
b a n k circulation and to secure public moneys in national
b a n k depositories on May 31 :__________________________________
U. 8 . B onds lleid M a y 3 1, 1899, to Secure
D escrip tion o f B onds.
Bank
C ircu la tion .
Public D eposits
in B a n k s.
Total HeU
$22 ,76 6 ,6 0 0
154 ,47 3 ,4 0 0
2 7 ,0 8 3 ,7 5 0
7 4,5 7 4 ,3 0 0
22,8C0,S 00
7 5 ,0 0 0
$ 1 4 ,113.60C
1 2 8 ,10 8 ,3 0 0
17,8 60 ,2 5 0
49,282,461
2 1,2 3 5 ,7 0 0
$8,653,001
2 6 ,3 6 5 ,10(
9 ,2 2 3 ,5 0 0
2 5 ,2 9 1 ,8 4 0
1,5 6 4,60 0
7 5 ,0 0 0
5 p. ote., 1 8 9 4 , d ue 1904
4 p e r ots., fu n d e d 1 90 7 .
4 p. ote., 1 895, d ue 1925
8 p. ots ,’ 98, d u e 1908-18
8 p e r ote., fu n d e d 1891*.
3-65s Diet. C ol., 1 0 2 4 ...
$ 2 3 0 ,6 0 0 ,3 1 0 $ 3 0 1 ,7 7 3 ,2 50
$ 7 1 ,1 7 2 ,9 4 0
T o ta l. . . . __________________
.................
* R ed eem a b le a t o p tio n o f th e U n ited S tates.
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 $11,267,100 bonds, making the whole
amount at that date in possession of the Government as se
curity for deposits $82,430 040.
B r e a d m i t Ha
F ig u r e s
B rou gh t
F rom
Page
1 0 8 7 .— T h
statements below are prepared by us from the figures col
lected by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending May 27, anc
since Aug, 1. for each of the last three years, have been:
Wheat.
Flour.
Corn.
BblsAMlbs Bush.QOlbs
74,220
167 074
Chicago......
03.426
Milwaukee
13e,850
149,450
017,100
D u lu th .......
3 418 1,018,310
800.038
18,050
T oledo........
41.599
3,400
D e tro it......
Cleveland ..
27,707
85.333
St- L o u t i...
22 316
6,200
P eoria ........
4,200
200,600
Kansas City-
t
5»*
§
S'
Receipts at—
3,842 807
4,737,647
2,043,001
2.725,008
6,214,157
4,69P,029
Tot.wk.’99.
Bame wk.’98
Bame wk.’97
Biace Auo. 1.
1898-99........
1897-98........
1800-97.
838/84
302.404
248,840
Oats.
Barley.
tv»-
Bush.32lbs BushAQlbs Bti.601>
905,550 2.861,973
71,450
122 494
79,900
461,400
87,400
23,800
292,830
181,783
10,473
15 342
21,690
304,290
281,174
77,000
29,000
26,000
127,350
25,795
3,400
3,070
103,4: S
93,327
284.735
223,440
2,260
3,692
821,e60
302 65
17,260
1,200
240,750
41,000
1,575,668
3,603,097
6,356,805
219,228
340,168
430,961
195,088
209,278
178,910
12,478,184 212,213,455 177,071,212 140.859,999 2»,209,874 9,975.067
1O.OO6.9P0 210.363.902,207,223.182 101,481,070 34,801,160 10,828,819
9.704,086 148.401.986! 188,071,573 147.579,030 36,203,700 0,711,710
The receipts of Hour and grain at the seaboard ports for the
week ended May 27, 1899. follow : ________________
Flour,
Receipts at—
bbls.
New York................. 104,4^4
B oston...................... 31,671
87,789
M ontreal.................
Philadelphia...........
40,900
B altim ore................ 106,266
R ichm ond................
1,295
8.409
New Orleans*..........
Newport News. .. .. 29,888
G alveston...............................
Portland, Me...........
4,904
Wheat,
Corn,
Oats,
bush.
bush.
bush.
902,150 1,202,126 1,408,800
228 439
175,077
221,730
04 4,982
181,904
193,476
03,223
988.014
410,103
849.87 3
6O5,fl0»
207,327
13,780
42,510
10,762
67,016
88,782
23,740
48,667
51.400
9,100
96,016
9,100
40,000
112.260
Barley,
bush.
24,200
626
2,087
525
5,010
‘ 13,900
Total receipts at ports from Jan. 1 to May 27 compare as
follows for four years:
bbls
1899.
8,841,307
1888.
8,070,082
...... bosh
.......
“
.......
-
40,038,899
09,189,178
29 249,120
H fc e ip ts o f —
F loor ................ .
........
-
1,860,758
.......
•'
8.804,298
48.207,169
97,4*3 418
43,683.5*6
2,008,829
7.428,276
”
148,127,242
194,316,900
Total grain
.
1869.
0,453,035
1898.
5,054,427
14,0 0.371
»2 259,099
20811,820
8.411,10814,446
183179.715
72,446,344
The export* from tne several seaboard poru? for he w»Vh
•ndlng May 27, 1899, are shown in the annexed statement:
Peas
Jiye,
F low ,
Oats,
bush.
bush.
bbls.
bush.
0,001
80,104 619.605 829,231
14,047 160,119
4.904 112,280
20,496 10u,' 00
51,429
32,691
70
10,046
200
29,388
61,400 ...........
8,938 202,908
33,311
136 8,867 .............................
201.309 1.35\915
311.761 2,110,211
380,003
505.0 L3
Harley
bush.
833
39,312
79,795
833
9,967
The destination of these exports for the week and since
September 1, 1898, is as below.
______ p low .---------- 1 >—-----W heat.-------- ~ •
Week Since Sept.
Week Since Sept.
Exports fo r
May 27. 1, 1898.
*seek and since -May
- - - -27. 1,1893.
■. . .
bush.
bush.
Sept. 1 to—
bbls.
bbls.
United Kingdom 147,063 8,784,732 1,018,004 67 948,009
749,889 46,275.109
Continent...........
0,900 2,107,307
195,700
8. & C. Am erica. 28,805
929,831
West indies.......
11,607
978,803
B r?N A m . Colo’s
1.013
194 293
1,585
539,740
Ither countries..
0,311
345,289
------------n n rn ---------Since Sept
Week
1, 1896.
May 27.
bush.
bush.
1,68^,784 00,283,911
2,101,735 00,473,369
86,048
822
068,eOd
21,044
280.258
7,241 1,111.300
T otal
201.309 13,399.816 2,309,588 108,958,024 3,880,176 128.808.483
T o t a l1898.".....“ ' 211,754 11.088,009 3.883.042 97,781,792 0,247,248 11.C83.O09
The visible supply of grain, comprising the stooks in
granary at the prinoipal points of accumulation at lake and
Rye,
bush.
79,000
Barley,
busn.
18.000
20,000
120,000
Oats,
bush.
788.000
80,000
05,000
438.000
81,000
240.OCO
0,272.000
1 ,016.666
244,006
080,000
l.COO
" 3,000
1,799,000
979,066
92,000
255,000
101,666
2,666
74.000
14,600
4,666
25.000
42.000
138,666
Corn,
bush.
514,000
Wheat,
In store at—
bv»7i.
Sew York...................
Do
afloat........
iio.OCO
Albany .......................
Buffalo......... ............... 299,000
Do
afloat.........................
Chicago....................... 4,740,000
Do
afloat..........................
Milwaukee..................
10,000
Do
afloat........
....
Duluth......................... 6,489,000
Do
afloat.........
.. ..
Toledo
280,000
Do
afloat.........
......
Detroit........................
1 ’ 5,000
Do
afloat..........................
Oswego........................
-•••••
at L o u i s ... ...............
201,000
Do
afloat..........................
Cincinnati...................
...........
Boston......................... 543.000
T oron to......................
36,000
Montreal..................... 820,000
Philadelphia..............
70,000
Peoria.........................
5,000
Indianapolis..............
74,000
941 000
Kansas City..............
Baltimore.................
039.000
Minneapolis............... 7,507,000
On Mississippi R iv e r.................
On Lakes..................... 937,000
On canal and riv e r ... 415,000
8?,000
3,302,000
93.000
71.000
25.000
890.000
880.000
4.000
174.000
15.000
529.000
625.000
283.000
30.000
22.000
393.000
667.000
f 18,000
43,000
13.775.000
17.019.000
20.115.000
12.217.000
8 905.™''
343.000
Total May 27,1869.24,192,000
Total May 20.1899 25,409,000
Total May 28.1898 23,672,000
Total May 29, 1897 20,899,000
Total May 30.1*00 50.?40.^
111,066
145,000
1,666
2,006
io’.boo
4,666
12,000
10,066
0,OOt
158,000
2,000
24,000
1,108,666
458,000
‘ 17,000
105,066
91,0C0
7.883.000
8.023.000
7.197.000
8,0<'9,OOO
*- 30‘LOOn
089.000
831.000
1.420.000
2.621.000
1.434.™
1.455.000
1.637.000
503,000
1.414.000
857 ono
By Messrs. Adrian H. Muller & Son :
S h a res.
2 5 P r o d u c e E x . T ru s t C o . . . 2 4 0
B on d s.
$ 1 0 ,0C 0 2 d A v . R R . gen . c o n
sul. 5 s, 1 9 0 9 , M »& N ..-109:*8& in t.
$ 1 ,0 0 0 B ro o k ly n , N . Yr. p u b
lic-p a r k 7 s, 1 9 1 5 ----- 148 34 <fc in t.
$ 5 ,0 0 0 M e tro p o l. G a s L . Co.
1 st 6 s, 1 90 1 , A & O ................. 1 1 0
$ 1 0 ,0 0 0 G r a m e rc y S u ga r Co.
1st 6 s, 1 9 2 3 ..............................
75
$ 3 0 ,0 0 0 A ll . & P ac. in co m e s
(tru st co . r e c e i p t s ) ........ $ 3 1 0 lo t
$ 5 ,0 0 0 B ’ ly n & R o ck . B e a c h
1 st 6s, 1 9 3 3 ..............................
40
$ 5 ,0 0 0 H e c k e r -J o n e s -J e w e ll
M illin g C o. 6 s, 1 92 2 , M .
& 8 .........................................99 & in t .
Shares.
4 0 B rig h to n P ie r & N a v.
C o ....................................$ 1 4 5 lo t
10 L a w y e rs ’ T itle In s C o . . . . 1 5 0 18
15 B ’ b ly n A ca d , o f M u sic
(w ith t ic k e t ).................... 115
1 B r o o k ly n A r t A s s o c
$25
10 M e ch a n ics ’ B k. o f B k lyn . 212
4 0 W e st Car. B an k, A she
v ille , N. C ....................$ 40 lo t
10 C orn E x ch a n g e B a n k ___370
4 4 F a rm e rs ’ L o a n & T r C o. 1 4 5 0
9 M o rris C an. & B a n k in g
Co. (g u a r .)........................ 61
3 F ifth A v e B ank, N. Y . . . 3 00 1
2 0 0 Y o r k C liff (M aine) Im p .
C o .................................$ l pr. sh.
100 M e ch a n ics’ N at. B a n k .. .2 0 5 ^
10 R id er & D r iv e r P ub. C o.$ 30 lo t
By Messrs. JR. V. Harnett & C o.:
S hares.
1 0 0 R a n d o lp h C o a l & C ok e
C o.................................. $ 5 0 0 lo t
2 0 M a n h a tta n T e le . C o......... 1 2 0
B o n d s.
$ 5 ,0 0 0 H o r m ig u e r o
C e n tra l
C o. 8s, 1 9 0 0 ................. $ 9 0
Shares.
10 G erm an A m er. R eal E st.
T itle G u a r........................ 37
1 0 0 J os. D ix o n C ru icib le C o .125
3 27 H e rrin g H a ll-M a rvin Co.
com . 2 d ass. p d ...............
3^
5 0 H e u b le in
H o t e l Co.,
H a r t fo r d , C o n n ....... $ 1 5 0 lo t
Banking and ^financial.
36 N ASSAU S T R E E T . N E W Y O R K .
FISK &
Rj/t,
bust.
200,850
_ Total week........ 304,196 2,427,04 5 3,406,470 2,054,779
26,912 2*0.285
Week 1896................ 340,673 6,248,907 M28.603 2,649,531
28,244 325 044
*K*oelpt« do not Include grata passing mrou^n Mow «jr|ftau» c„. to e i/l
Ports on throupb bills o f ladlna.
W heat...
C orn.......
O ats.......
B a r e r...
B ye........
[VOL. O V I D ,
THE CHRONICLE.
1060
ROBINSON
BANKERS
IN V E S T M E N T
S E C U R IT IE S .
H A R V E Y E D W ARD FISK.
GEORGE H. ROBINSON,
Member N. Y. Stock Exchange.
Spencer Trask & Co.,
BANKERS,
2 7 8c 9 9 P I N E S T R E E T ,
NEW
YO RK .
8 5 State Street, A lb a n y .
IN V E S T M E N T
S E C U R IT IE S .
G eorge B a r c l a y Mo f f a t .
M o f f a t
A l e x a n d e r M. W h it e , J b .
&
W
h i t e
,
BANKERS
N o. I NASSAU S T R E E T ,
IN V E S T M E N T
-
-
-
NEW
S E C U R IT IE S .
YO RK .
THE
J one 3 1869.
j a n k e r s
7
CHRONICLE
able®, 4 88Jj,@4 88% ; prime commercial, sixty days, 4 85@
1 85}4; documentary commercial, sixty days, 4 8434
85 % ;
(g a ^ e tte .
I) I T I D I H D U .
P ot
N a m e o f C om p a n y,
Whorl
B o o k i closed .
C e n t. i P a ya b le. \ (D a y s in c lu siv e .)
H a il r o a d s { S t e a m .)
B o s t o n A A lb a n y (q u a r.)............... 1 2
J u n e 3 0 J u n e 4 l o J u n e 30
1 1J u n e 4 to J u n e 10
J u ly
B o s to n A L o w e l l -------- . ----------1
C m . & N orth W est, c o m ...............
2 4 ? J lJ y
6 J a n e 9 t o J u n e 13
••
nref. (qujir.)
*•'i
3
l1%
1%
J u ly 3 0 1J u ly 1 t o J u ly 5
C le v . O n . Chi. A S t. L . p f. (quar.)
2%
J u n e 1 5 -------- — t o -----------E a s t M a h a n o y ................................
June
e ----- _ t o ---------L o w e ll A- A n d o v e r ............. .............. [ 4
l
— t o -----------3
[J
u ly
P M is. W ilm in g ton A B a ltim o r e .
_ t o -----------1
: j uue
1 —
P o r tla n d A R u u i f d F a lls tquar.)
S tr e e t H a il w a y * .
J u n e 3 0 J u n e 17 to J a n e 19
C b tc s e o C ity B y . ( q u a r .................| 3
|J u n e 15; J a n e 2 t o J a n e 14
U n it. R ys. A E lec., BalUm ore„;>rf.
.ti l a c e l l i n e <><•».
1 J u n e 11 to J u ly 2
1 4 IJ u ly
A n ie rlca n C ar A F o u n d r y , p r e l.
15 J u lv 4 t o J u ly 16
J u ly
A m e r ic a n M a ltin g , p re f. (quar.)
14
2
8 ----------- t o --------------*20
J
a
n
e
C a lu m e t A H e c la M in in g cquar.)
C e n tra l F ire w o r k s p te L ............... [ 4 4 JJ unc 2 3 TuneS 3 to J u n e 23
'JOjJune
1 t o -----------J
u
n
e
C olu m b u s .O .) G . L. A H ea t, p f.-: 3
J u n e 1 5 J u n e 8 to J u n e 15
R u b b e r G o o d s M i* p ref. (q u a r.)
14
15
M
ay
3
0 t o -----------J
u
n
e
S o u th e rn C otton Oil ......................
4
1 J u n e I d to J u n e 30
J u ly
S tre e t's W estern S ta b le C ar L. p f
34
• 4 ?* t o b e d e l u d e d o n a c c o u n t o f ta x e s .
W A L L S T R E E T . F R I D A Y , J C S E '4. 1 S 9 S . - 3 P . M .
The Money Market and Financial Situ atlo n .-C oa d ition s
in W all Street have been somewhat abnormal this week, and
therefore the character of the security markets does not ac
curately reflect the sentiment which gen-rally prevails in
industrial and financial circles. Following the protracted
holiday at the Stock Exchange— from Friday nntil \\ edneetU y—came reports of the app arance of yellow fever at New
Orleans, a firmer foreign exchange market, the cause of
which was not generally understood, uncertainty as to the
possible effect of the new franchise tax law and an ad
vance in the price of wheat. Tnese circumstances enabled
the aggressive element, whose interest would be favored by
lower prices, to depress the market to a degree whic h, in the
minds of some, the facts did not warrant : an opinion which
to-day’s buoyant market fully confirms.
Later reports from New Orleans are to the effect that only
one case of yellow fever 1* known to have existed there, and
the authorities do not apprehend any further development
of it. The firmness of the foreign exchange market may nave
been due in part to a demand incident to .Tune 1 settlements:
but however that may be, the market is now easier and rates
are below the gold-exporting point. The fact that $t ,00),000
is to be shipped to-morrow is claimed to have little signifi
canoe, as i t is a special transaction due to higher in
terest rates at Berlin.
As to the wheat market, that
has been more or It ® unsteady for some time past,
as is often the case at this season of the year. Other contlitious which affect security values continue for the most part
favorable. The heavy June 1st disbursements of interest
and dividends leave the money market in an easier condi
tion, and while there has been no material change in rates
the tendency is downward.
The open market rates for call loans on the Stock Exchange
daring the week on stock and bond collaterals have ranged
from \% to 3 per cent. To day's rates on call were 1*4 to 2}£
per cent. Prime commercial paper quoted 8J4 to 4 per cent.
The Bank of England weekly statement on Thursday
showed an increase in bullion of £423.395, and the percentage
Of reserve to liabilities was 38 78, against 38*93 last week: the
discount rate remains unchanged at 3 per cent. Tne Bank
of France shows an Increase of 3,550,000 francs in gold and
8,150,000 francs in silver.
The New York City Clearing-House banks In their state
ment of May 27 showed an increase in the reserve held
of $6,147,000, and a surplus over the required reserve of
$43 933.723, against 131,681,533 the previous week.
1 89 9
M a y 27.
j D iffe r e d tfr 'm
f r e e . w eek.
■
C apital------. . . ----- 5 9 .6 2 2 .7 0 0
■ o r p i n * .................. 7 7 .3 8 6 .7 0 0
L o a n s A (llso'nta. 7 4 5 ,9 2 3 ,4 9 0
C ir cu la tio n ------ 1 3.7 6 5 .7 0 0
S e t d e p o sits. . . . . 8 8 9 ,7 0 5 ,1 0 0
S p e c i e .................... 2 0 6 ,8 7 8 ,5 0 0
L e g a l t e n d e r * ___ 5 9 .4 8 3 ,5 0 0
B e e e rv e h e l d . . . . . 2 6 6 ,3 6 0 ,0 0 0
L e g a l r e e e r v e ----- 2 2 2 ,4 2 6 ,2 7 5
S u rp lu s re s e rv e
1 89 8 .
B a y 28
1
1 89 7 .
I B a y 29.
$
$
*
............. ...
, 59,022,7001 6 0 ,0 2 2 ,7 0 0
.................
! 7 5 ,8 4 1 ,9 )0 7 4 ,8 6 1 ,0 0 0
D e c .1 7 5 7 8 8 0 0 5 8 9 .7 2 7 .4 0 0 5 0 7 ,5 0 9 ,7 0 0
D ee
3 5 .6 0 0 14,7 37 ,2 0 0 ; I4 .S 2 9 .0 0 0
D e c .1 2 6 2 0 8 0 0 6 9 6 ,''0 6 ,4 0 0 5 7 5 .6 0 0 ,0 0 0
I do 3 ,6 9 2 ,9 0 0 173.3(52,000 8 8 .9 7 9 ,2 0 0
I n c. 2 ,4 5 4 ,1 0 0 5 3 ,8 1 4 ,2 0 0 .1 0 1 .5 3 6 ,9 0 0
I n c . 8 .1 4 7 ,0 )0 2 2 7 ,7 0 6 ,7 0 0 :1 9 0 .5 1 6 ,1 0 0
D e c .3 ,1 5 5 ,2 0 0 1 7 4 ,0 0 1 .6 0 0 1 4 3 ,9 0 0 .0 0 0
4 3 .9 .3 ,7 3 5 I n c .9 .3 0 2 ,2 0 0
5 3 ,7 0 4 ,6 0 0
4 6 ,6 1 6 ,1 0 0
Foreign Exchange.—The market for foreign exchange was
decidedly firm, bat an easier tone developed on Thursday and
increased to day. The volume of business is limited,
_______
Posted rates of leading bankers follow:
June 2
S ix ty d a y s .
Prime bankers'sterling hills on London. 4 8 6% »4 87
P rim e c o m m e r c ia l............... ............ —.........—
D o c u m e n t a r y c o m m e r c i a l ... ,...... .............
P arts b a n k e rs ' (I r a n c e i................... ............ .
A m ste rd a m (g u ild e rs ) b a n k ers ....... .
F ra n k f o r t o r B rem en (relclu a a rk s ) b 'k e t s
1061
D em a n d .
48S% ®489
4 85 0 4 8 5 %
..........—
4 8 4 % A 4 85%
.............
5
1 8 \ 5 1 6 q ,t » 1 6 %
4 0 ii «B 40>s
4 O 3 ,„»4 0 _ q
9 4 0 ) . 0 9 4 '■) j 957 i * i> 95 %
To-day’s actual rates of exchange were as follow s: Bankers’
■Lrty days' sterling, 4 85J4'84 8534: demand, 4 8 7 ’q @ 4 8 8 ;
grain for payment, 4 85J4 @ 4 85}£; cotton for payment, 4 8414
4M 84% ; cotton for acceptance, 4 8o®4 85J4
The following were the rates of domestic exchange on
New York at the under-mentioned oities to-day: Savannah,
buying 1-16 discount, selling 75c. per f l , 000 premium; Charles
ton buying par, selling l* premium; New Orleans, bank,
|1 00 premium; commercial, par: Chicago, 10c. per $1,000
premium; St. Louis, 20c. per $1,000 premium.
United States Bonds.— Sales o ' Government bonds at the
Board include $7,500 4s. coup., 1 2 5 , at 13014 to 181; $15,000
4s, coup., 19,7. at 113V to 11434; $3,000 5s, coup., at 112J3 ;
*76,500 3s, coup., at 109 to 109JJ; $600 ditto (small bonds), at
108?'i to 1 CS34 . and $ 3 ,0 '0 3s, reg., at 10934. The following
are the daily closing quotations: for yearly range see seventh
page following.
M ay
In terest M a y | B a y
P eriod a . ; 2 7
2 9. < 30.
2 s ,..........................r e s . !. -M o ll.
3a, 1 9 1 8 ............. re g . >.- F e b .
3e, 1 9 1 8 ............co u p . t)i .- F eb .
i.- F e b .
.4
3 b , 1 9 1 S ,* m a U ..c -p. I.- F eb .
4 s , 1 9 0 7 . . ..........re * . 1. - J a n .
.-J a n .
* * ,1 9 0 7 ............co u p .
►.-Feb.
4 b , 1 925 ............re * .
4 6 ,1 9 2 5 ............co u p . i .- F e b .
5a, 1 9 0 4 ............. re * . L -F e b .i
5 8 , 1 9 0 4 .......... odup. i .- F e b .
’ 100 i
■1 0 8 7s ►
-2
109 >s i-i
2?
!
108 4,
s at f*
*112 > _ 30 o «<
1135V*
s a
• i3 u q
«
*130(4
S
•112%
•112:ls
5
M ay I June f June
31
| 1 . 1 o_
•100 n o n
100
•109
100
109 U
i0 9 * s 1 0 9 % 109%
108=s '1 0 8 5 s
*x 112 ‘ 1121*
114 ie 114
'ISO M 130is
• i 3 o q ISO**
' .1 2 % b ll2 %
l l 'J ’ g l M lS q
*10S%
112M
113%
•130%
131
-1 1 2 %
•112%
’ T h is Is t h e p r ic e b id a t th e m o r n in g b o a r d ; n o ra le w a s m a d e .
State and B all road Bonds.— Sales of State bonds at the
Board Include $2,000 Alabam a class A at 113 and $20,000
Virginia 6s deferred trust receipts at 8.
The market for railway bonds has been somewhat irreg
ular but stronger than the market for stocks. The volume of
business differed widely, being over 84,000,000 par value on
Wednesday and less than half that amount on Thursday
and to-day. There were sharp declines in a few issues, mostly
those of South western systems, due no doubt to uncertainty in
regard to the development of yellow fever at Southern ports.
Such declines were offset in part by advances in other issues,
which amount to a point or more in Denver & Rio Grande 4s,
Baltimore & Ohio 4b and to substantial fractions in Atchison,
Erie and some less active issues. There was no perceptible
increase in the offerings of high grade bonds, and a large
proportion of the transactions was in Atchison, Baltimore
& Ohio, Central Pacific, Erie, Reading, St. Louis South
western, Union Pacific and Wisconsin Central bonds.
Stock and Bond Sales.—The following shows the volume
of business in stocks and bonds on the New York Stock
Exchange for the past week and since January 1,
Sales
r-W e ek en d in g J u n e 2 —
If. T. S tock B xeh.
1899.
1 89 8 .
Ck.?0ram<intbon4«
»104,«00
*57,000
* 8,000
10,000
State bond*...........
B.K. A mlac.bond*. 11.074.000
17,473,000
T o t a l .,,,,,....... * 11,* 00,600
*17.512,000
,------- J a n 1 to J u n e 2.------- .
1999,
1 898.
* M 4 7 ,4 0 1
*8,(170,800
1,8*1,800
036,*00
438,918,000
339,771,810
*400,685,100
*337,080,M 0
Stock*— No. m a re *
* ,1 0 0 ,1 1 0
9 , ISO,890
01,2*0,034
44,075,088
Par v a la e ....» 3 0 4 ,8 O * ,M C **0B .l«u ,5 l> 0 * 8,8S 6,309,40 > * 4 ,3 5 0 ,5 8 8 ,1 7 5
8 u ll!l4 iM ,p U T t I
* < ,* 8 0
1,800
* * 8 2 ,7 3 0
*00 ,1 7 8
W e add the following daily record of the transactions:
W ee k e n d in g ------------- Stocks.------------. R a ilro a d , d c. State
tf. 8 .
Ju ne 2 , 1 89 9 . Shares.
P a r v a lu e.
B on d s.
B onds.
B onds
S » t c r d .j ............... *30,887
**3,011,*00
*1.149,800
*7 ,4 0 ,
M o n d a y -..,............................... ...................... H O L ID A Y -............................... ..........
Tiaaday............................................................. H OLID AY
........................................
Wednesday........... 884.9 88,746,800 4,103,C0Q
................
75,7)0
T bnraday-............ 053.816
63,77*,350
1,764,500
*8,000
4,500
m d a y .................. . 593,816
S1,*73,')S0
1,097,000
17,000
T ota l....
Ttiwday...
Friday .
.2,100.118
*204.800.090
L isted
sh ares.
. 14,547
— Bo H o n .U nlisted
sh ares
18,408
. 41,97*
, 77,077
. 8,458
19.673
24,099
15,447
198,06b
74,887
11,074.800
*28,000
*104,800
*--------- P h ila d e lp h ia .----------- L isted
U nlisted
B ond
B on d
sh a res.
sales.
sh are*
sa les.
21,683
854.547
9.055
825.500
EXC HANGES CLOSED.
M KMORIAL DAY
77,C5 )
15.353
23,858
173.200
223,600
18,H5 i
16.835
e »,a io
138,200
16,785
19.514
198,0C0
884,797
54,002
79,785
615,800
Ballroad and Miscellaneous Stocks.—Under persistent
efforts of bear operators and the absence of any considerable
investment demand, the stock market was weak during
Wednesday and the greater part of Thursday. The tone
improved towards the close on Thnrsday and there was
some recovery from the decline which averaged about 3
points for the active railway list and in some cases covered a
much wider range. To-day’s market, although less active,
was strong and the decline noted above was in many cases
fully recovered.
Toe anthracite coal stocks were notable exceptions, and
were strong throughout the week. Local traction issues
proved most susceptible to bear raids, and at the lowest
prices recorded Metropolitan Street Railway showed a de
cline of 2 2 L points from onr last quotations, Third Avenue
15 points, Brooklyn Rtpld Transit H% paints and Manhattan
Elevated t)' ( points. Naturally the reaction in these issues
to-day was most conspicuous.
The average decline and subsequent recovery of miscel
laneous stocks was somewhat more than that of the railway
list, American Sugar Refining, New York Air Brake, Am eri
can Tobacco, /Anaconda Copper, Consolidated Tobacco, In
ternational Paper and Federal Steel leading in the movements.
THE CHRONICLE.—ST00K PRICES (2 pages)
1082
Page
1.
[Vol. LXVI11.
New York Stock Exchange—A Daily, Weekly and Yearly Record.
s T o o K s —a i a n a s T
S a tu rd a y,
M ay 27.
Mon d n y.
M ay 29.
a. h d
lo w sst
a a.l
b
prjobs
T u etd a y , W ednesday T h u rsd a y ,
June 1 .
M ay 30 i M ay 31.
.
STOCKS.
F rid a y ,
J u n e 2.
N. Y . S TO C K E X O H .
Sales R a n g e f o r y e a r 1899.
o f the On ba sis o f soo-sK r e lots
W eek.
Lowest.
H ighest.
S hares
R a n g e f o r p r e v i
o u s y e a r (1 8 9 8 ) ,
L o w e s t. |H igh est,
R a ilr o a d S to ck * .
174 Jan 14 11 Apr 15 Feb
14 Apr
86 May 8 434M ay 23 34 Jan 40%Feb
24%Feb
28 10%Apr l9 4 D e e
17
May
9
Atoh. Topeka A Santa Fe.
50%Jan 7 07 Feb 23 22%Mar 5 2% Dec
Do
pref
004Jan 5 75%Apr 12 *12%Jan 72% Dec
T>alt.AO.,tr.rec.all Ins.pd
0,500 51 J ‘ne 1 6 14 A p r 12 81 Oct 584 D ec
D Do
new.
08 Oct 79%Dec
4,219 73 May 8 794Jan 27
Do
pref
Brooklyn Rapid T ransit... 208,931 77%Jan 3 137 Apr 15 85 Mar 78%Dec
3 0 4 Mar 24 35 Feo 4 25 Mar 34 Sep
Buffalo Rooh. A Pittsburg
09 May 9 78 Jan !4 02 May 7 64 8 ep
Do
pref.
2,970 84% Mar 15 094M ay 81 72 Apr 9 04Jan
Paolfio.............
1,090 5 0 4 J 'n e 2 70 Jan 23 444M ar 58 Deo
C anadian
9 8 4 98 4
anada Sonthern........ .
7,357 97 Jan 3 122%Apr 22 8 3 4 0 c t 99 Deo
584 584
Central o f New Jersey—
8,810 T45%May 0 H58%May 17
114 116
Cent.Pao., 8peyerACo.ctf&
0,085 23%May 81 3 l4 F e b 2 17%Mar 26%Deo
• 8 1 4 a*
Chesapeake A Ohio............
85
8 5!.
Chicago Burl. A Qulnoy... 94,081 124%Jan 7 149%Feb 18 85%Mar 125 4 D e«
1 994 1304
1,800
6 May 18
54M ay 9
Do
rights.................
4,015 5 7 4 A p r 17 68% Apr 20
B% «
Chicago Consol. Traction.
59
594
794M
ay 1 49 Apr 60 J’ne
59%
Jan
4
Chicago A Bast. Illinois...
200 112% Jan 3 125 Mar 2 102 Jan 1134F eb
•784 77
Do
pref.
7,815 13 J’ne 1 20%Jan 83
1 884 1934
9 4F eb 18 Aug
Chicago Great W estern ...
1 8 4 134
83%Jan 3 98% Feb 15 7 1 4 J ’ ly 85 Deo
Do 4 p.o. debentures.
•894 90
500 50%Jan 5 78%Feb 24 28 Mar 54 Deo
Do
5
p
.c.p
r
e
f.“
A
”
.
.
•67
69
1,100 294Jan 18 37%Mar 28 20 Apr 32 Nov
Do 4p.c. pref. “ B ” ..
884 334
7 Feb 11 J ’ly
1,010
7%Jan 0 1 2 4 Apr 25
Ohio. Indianap. A Louisv..
•9
94
3,300 31 Jan 4 49 Apr 17 23 Apr 38%J’ly
Do
pref.
•86
39
Chi 'ago Milw. A St. P au l.. 01,075 120%Jan 8 133%Feb 20 88%Apr 120%Dee
1 99 4 1944
973 166* Jan 8 1734M ar 17 140 Apr 1004D ee
Do
pref.
11694170
8,575 1414Jan 4 160 Mar 29 1134M ar 143%Deo
Chicago A North Western.
151 1514
100 188 Jan 19 194 Mar 20 163 Jan 1 9 1 4 Not
Do
pref.
1904 1904
Chicago Rock Isl. A P a o .. 19,245 l0 74 M a y 13 122%Jan 27 80 Mar 114%Dec
110 1 10 4
003 91 Feb 8 1004Jan 20 65 Mar 94 Dee
Chic. St. P. Minn. A Om...
•984 96
170 Jan 10 176 Mar 21 1148 Jan 170 Nov
Do
pref.
•170 179
9%Mar
1,000
44Jan
7 4J a n 7 25%Mar 27
Chic. Terminal Transfer..
20
•18
2,725 8 0 4 Jan 8 504M ar 27 2 2 4 Jan 8 74 A u g
Do
pref.
50
60*
4,920 4 2% Jan 4 08% Apr 10 25 Mar 4 7 4 Aug
Clev. Cin. Chio. A 8t. L ....
S t* 52%
570 94 May 10 102%Jan 26 774M ar 97 Deo
Do
pref.
195m 95*
10%Mar 28 16%Jan 20 1 1 4 Mar 19%Jan
Clev. Lorain A W heeling..
•
11
40 Apr 18 45 A pr 20 43 Nov 5848ep
Do
pref
44
•87
5%J’ne
9 Jan
9 Deo
7 Feb 0
Colorado Mid., r o t. tr. ctfs.
14 J’ne 20%Deo
10 May 5 22%Jan
Do pref. vot. tr. ctfe.
010
0%Nov
8%Deo
8% Jan 0
5%May 11
Col.
A
Sou.,
listed
May
24
5
4
5%
5
4
5
4
•54
5
4
•5*
3*
400 43 J ’ne 2 58%Mar 17 48%Nov 50%Deo
Do
1st pref. do
43
43
142
42
•44
45
44
44
575 10 J ’ne 2 25 Mar 22 14%Nov 20 Deo
Do
2d pref. do
10
10
•17
18
174 17% 1 1 0 4 17
2,802 1 00 4 Jan 3 125% Apr 20 93 Nov H 4 4 F e b
Ptelaware A H udson... .
1 1 8 4 11«%
X 1 1 0 1 1 7 % 1 1 5 4 1 1 0 4 117 117
300 157 Jan 7 179 Apr 4 140 Oct 159 Feb
JL'el.
Lack.
A
W
estern..
107
107
•100 171
169
.09
•...........1 0 9
0,205 184Jan 7 25%Apr 27 10 Apr 2 14D eo
2 1 4 23 Denver A Rio Grande.; ..
2 1 4 2 14
» l * 22 4
214 914
5,795 6 8 4 Jan 11 80 Apr 27 40 Apr 71%Dec
Do
pref
7
5
4
77%
74%
75%
76*
754 704
400 1 9 4 J ’ne 1 23%Jan 3
8% Apr 2 3 4 Deo
14
14 Des Moines A Ft. D od ge..
•15
id
*15 .. .
1 3 4 18%
2%Ang
84D eo
5%Apr 22
3 Apr 11
•4
5
M4
5 Dul. So. Shore A A t l........
•4*
i*
8% Aug
100
5 Apr
14
Apr
22
7%Jan
30
Do
pref
12%
124
•12
13*
•114 13
1,000 1 2 4 May 25 1 0 4 Jan 19 11 Apr 10%Feb
rie................
13
12% 13*
1 2 4 12% 1124 124 •12
E Do
1,140 33%May 24 42 Jan 24 294A pr 43%Feb
1st pref
3 4 * 30
•35
30
§33% 33% *334 35
164M ay 8 22%Jan 30 1 5 4 Apr 21%Feb
Do
2d pref.
•17
19
*174 18* •174 19
H
• 1 7 4 18%
86 Mar 28 414 Jan 3 22 May 41%Dec
38% 38% Bvansv. A Terre Haute ..
3 ?4
3 8 * 3S*
3 8 4 3 8 4 •38
K
70 Jan 7 80 Mar 1 40 Jan 7 24 D eo
Do
pref
70%
•76
79*
O
794 •70
•70
7 9 4 •70
324M ay 15 10 Mar 18% Nov
55
17 Jan
lint A Pere Marquette..
F Do
O
4 3 4 Jan 8 05 May 19 30 Aug 49 Nov
pref.
K
10 10 May 10 25 Jan 5 §15 Nov 28 Mar
Ft. W . A Den.C.,stamped.
200 14 Feb 1 80 Mar 28 10 May 174D eo
♦22
23 Ft. Worth A Rio G rande..
•as
25
*22
22
•28
25
o
742 1 4 2 4 Jan
195 M a rlS f l2 2 J’ly 180 J’ne
•171 173
170 1 7 1 * 1170% 1704 108 169* G reat Northern, p re f....
G
4 0 4 J ’ne 50%Nov
4 9 4 Jan 5 014Jan 31
r’nB.AW .,debt cfs .“ A ’
7%Deo
9 Jan 20
5 May 4
3 4 J ’iy
Do debt certfs. “ B ”
*
23%May 15 29 A p r 27
•88
34*
25 '• 2 2 ” ’ 25“ H ocking V a lle y ...........
"2 5 " •
89
0O
4Apr
27
544M
ay
13
Do
pref.
155
55
§53
54*
S54* 5 1 * •53
57
5,275 110 J ’ne 1 122 Jan 23 90 Apr 115%Deo
5112%114
no
111
L18
i n * 111 113* I llinois C e n tra l..,..........
7%Mar 114 Deo
1,000 104M ar 7 13%Apr 28
owa Central.....................
12
12*
11* n *
1 1* n *
11H 1 1 *
100 42%May 31 5 14 F eb 15 25 Apr 424 D ec
•43
45
Do
pref.
*42
44
44
42% 42 % •42
8 Deo
5%Oct
500
7%Jan 13 15 Mar 22
•10* 13*
•10* 13*
10* 10*
n * H * 17 anawha A M ichigan...
15 Apr 25%Dec
550
7 Mar 15 18 Jan
•9* 20
9*
n o * 10*
9 * IV an. City Pitts. A G u lf..
m
5 4 J ’ne
3
Jan
5
4
Feb
1
3 May
•8
4
•8
4 Keokuk A Des Moines.......
4
♦3
4
•3
15 Mar 2 17%Jan 20 15 May 18 4 J’ne
17
•15
Do
pref.
•15
•15
10
•15
10
10
84
Jan
30
J’
ne
32
Jan
25
32
Jan
25
•85
50
Keokuk
A
W
estern..........
50
•35
50
•35
50
•35
270 15 Jan 10 2 2 4 Jan 27 12 Oct 2 34 A u g
16
10
ake Brie A W estern...
16
10
•13* 10
115* 10
300 00 Jan 10 75 Jan 27 58 Oct 83 Aug
•»7* 08
pref
8 7 * 074
67^ « 7 * ♦07
8 7* L Do
1904Jan 5 208 Jan 24 170%Jan 215 Deo
•203
Lake Sh. A Mioh. South...
•203
•203
•203
11 5 6% Jan 5 85 Apr 4 40 Jan 5 94 A u g
•70
75
•08
74
§05
75
•67
05 Long Island............... .
69 Jan 27 44 Apr 654D eo
08
00%
8 4* 66*
0 0 4 07 Louisville A N ashville.... 04,500 63 Mar
04* 85*
71,975 97 Jan 4 133%Apr 3 90 Oct 120 % Jan
109 1C9*
anhattan Elev., consol
1 0 4 * 109* 103* 1004 104* 108*
38,288 187% Jan 11 209 Mar 28 125%Mar 194%Deo
2 194 222
207% 220
209 213 M etropolltan Street ...
202 211
18 14 Apr 25 10 May 5
•IS* 1 4*
13 Met. W est Side El. (Chio.)
144 113
*1 3* 1 4 * *13
156 444M ay 5 54 May 20
550
50
•50%
Do
pref.
151
•50
51
7%Deo
4 4 J ’ne
0,035
13
13*
6 Jan 7 l7 4 A p r 27
12
12* Mexican Central.. . . . . . . .
12* la
i i « 12 *
%Dec
1 4 M ay
3,805
•3*
4%Apr 20
1 Jan
3
3
84
13
3
3H Mexican Nat’l tr. rects.
«4
110 112 Jan 13 110 Jan 24 994M ar 118 Deo
•113 110
Michigan Central.. . . . . . .
|U3 113
113 118
•50
2,480 354Jan 0 0 2 4 A p r 28 24 Mar 38%Deo
67*
5 2 * 54
55
55* Minneapolis A St. L ou is...
S 3* 50
•101
974Jan 9 101 May 1 84 May 100 Deo
Do
1st pref.
•102
•91* 93
790 7 S * Jan 7 98 May 0 46 Mar 784 D ec
Do
2d pref.
•92
94
90
91
90
91
7 Mar
64M ar
•29
700
81
8%Jan 24 37%May 18
•27
30
25
27
22% 24% Minn. St, P. A S. S. Marie
69
69
1,525 89 Feb 10 71 May 19
Do
pref.
07
88*
05
00
02* 8 4*
12
13*
1,100 ll% M a y 10 14%Jan 30 10 Apr 14%Jan
12
12
12
12
12
12 Mo. Kansas A T e x a s .........
3,090 304M ay 31 42%Apr 3 28%Mar 41 Jan
*33* 38*
3 0 * 83
Do
pref.
3 0* 31*
3 1 4 33
41*
5 2 4 Apr 4 22 Mar 46%Deo
39
41
3 8 * 40
39 % 41% Missouri P a c i f i c ..,..,,..,. 22,310 38%J’ne
24 Nov 824F eb
•89
424
1,450 33 Jan 3 49%Apr 1
37
38
35S 3 6 * S35* 3 5 * Mobile A O h i o . ... ............
•183 185
20 176 Jan 8 §185 J’ ne 1 !1674Jan 5180 Dec
•185
Morris A Bssex..................
1185 185 •185
1804131
Y. Central A Hudson.. 20,880 121% Jan 3 144%Mar 29 105 Mar 124%Deo
1284 ISO* 127 128* 1 27 * 129*
•13
14
•13
14
12%May 9 19%Jan 23 ll% M a r 15% Jan
•12* 14
•124 14 N N.Y. Chic. A St. Louis.
•65
72
•05
65 Mar 7 70 Jan 23 73 Feb 70 Jan
Do
1st pref.
72
•65
75
•00
75
•80
34
80
2 9 4 May 24 41 Jan 23 28 Mar 40%Jan
Do
2d pref
80
•29
33
•29
84
5300 Jan 25 §390 Mar 14 §320 Jan 1352 Oct
New York A Harlem.........
1294Jan 27 il3 8 % M a rll 1120 Apr §128 Nov
N Y. Lack. A W e ste rn ....
•212 216
170 1198 Jan 10 1222 Apr 20 |178%Jan 201 Deo
’ 212 217 1212 213
214 214 N. Y. New Haven A Hart.
25
2 4 * 25*
38 *
2 4 * 25
2 4 * 85* N. Y. Ontario A W estern.. 18,290 18% Jan 3 28%Mar 27 13%Apr 19%Dec
20
5,590 17%Mar 17 22% Apr 27 1 1 4 Apr 19%Deo
19
1 9*
1 9* 2 0 * Norfolk A W estern............
IB * 19*
87* «7 *
5,021 01%Jan 0 7 l4 F e b 2 424M ar 63%Dec
8 6 * 67*
Do
pref.
00
80*
8 0 * 87*
4 * 4 49
4 6 * 48
45* 46*
4 0 * 48 Nor. Pac. Ry., vot. tr. ctfs. 40,800 4 2% Jan 7 5 54F eb 10 19 Feb 444D eo
764 78*
73
Do
pref. 10,192 73 J ne 1 8 l4 J a n 20 50%Mar 79%Sep
75* 76*
75*
74* 76*
3 4 * 31*
000 33 J’ ne 2 52 Jan 23 3 5 4 Jan 0 1 4 Aug
85
35
33
33 O r. RR. A N. Co. vot.tr. c f a.
•09
72
•09
71
69 May 9 76%Jan 23 654M ar 78 Nov
Do pref., vot. tr. ctfs.
•69
72
200 38 May 11 51 Jan 20 84%J’ne 484Bep
•38
42
38
38
acific Coast Co.. . . . . . . . .
•36
40
•83
88
*83
8 44 A p r 18 90 Feb 20 79 Deo 91 J’ ne
88
•32
88 P Do 1st p r e f.. . . . . . . . . .
•55
62%Mar 22 07%Feb 21 57 Nov 69 Sep
05
•55
05
Do 2d p r o f.. . . . . . . . . .
04
•55
1 8 6 4 1974
10,850 122%Jan 5 142 Jan 23 110%Mar 128%Deo
1 2 0 4 1 2 7 4 126 128* 1 2 0 * 127* Pennsylvania.................
44
< «4 444
45
1,010 43 May 11 88 Jan 23 8 8% Jan 03%Dee
44 * 454 Pittsb. Cin. Chic. A St. L ..
1 4 * 45
•83
83
83
83
1001 80 Feb 10 93 Jan 23 57 Mar 8 4 4 D e «
*82
85
*82
Do______________ pref.
85
• These are bid and asked prices 5 no sales on this day. I Less than 100 shares, t Ex div. and rights. I B efore payment o f assort. 1 A ll assessments paid.
•16
18
•16
18
18
•40
42
•40
42
48
174
17%
1
74
174
134
53% 50
5 3 4 544
054
•00
70
70
51% 524
51
53
5 44
7 3 4 734
73
74
75
10 6 4 112
1044108
112
•32% 80
•324 30
•70% 75
•704 75
75
99
994
09
99
994
5 0 4 52
51
5 14
524
11441164
118* 114 115
50
504
5 0 4 51
02
23% 25
2 3 4 244
30
1304 1204 1284 1 274 1294
5 7 4 59
*584 "594 ■ 574 *58**
•70
78
•734 77
•714 78
124
1 2 2 4 12 2 4
•123 124
13
134 *184
1 34 134
•89
•804 91
•894 91
07
07
06
084 68% 60
324 3 3 4
324 334
3 3 4 34
9
•8
8
8%
9
9
804 40
•40
44
3 2 4 30
1 2 2 4 123%
1 2 1 4 1234 121W 123
170 170
109 1 694 109 109
1494 1504 148 149% 150 152
•1914 195 •189 193 ♦190 195
1084 110 4
IO8 4 1094 108 109
93
93
9 2 4 93
9 3 4 9 3*
170 180 •170 180
•170 180
18
18
174 19
1 6 4 18
50
50
48
48
4 7 4 51
5 0 4 51
504 5 1 4
51
514
90
954 9 5«
11
•......... 11
11
44
•37
44
44
•16
•40
I 174
584
•68
53
74
1004
•314
•704
9 94
024
1144
49 4
2<%
127
18
•16
41
41
184
18
5 4 * 60
•09
70
6«H 54%
74 H 74H
i i t f lj ui s
•88
86
•70
70
A nnDoA r b o r ...,.................
pref.
150
0,410
93,800
2
>
s>
►
o
OUTSIDE SECURITIES
A tr e e t R a i l w a y s .
NBW YORK CITY.
B'WOk 6t A Ful F—Stock.
l i t n o n 7 , 1900... JAJ
B’ wey A 7th Ave—Stock.
lk tm or 6. 1904...JAD
td m o r 6« 1914.... JAJ
Oon 6. 1948—Sw Block
B’w ay8or Ist5 «g u .l9 2 4
id Stint at rental. 1905
Central Crotttown—Stock
ltt M 0t 1922.......MAN
c « o Pk n a b b it —stock
Oon to 1 7a 1 902.... JAD
Bid.
Ask.
8 8 * 41
1024 104
230 240
105 106
115
117
Kxch 1 1st.
114* n o *
104* 106*
250 270
#127
190
#108 i l l
(G iv e n
ax
fo o t
S tr e e t R a ilw a y s .
Christ’ p’r A I0th 8t-8tock
Col A 9th A ve 5e-See Stock
Dry D E B A Bat—B tock..
1st gold 5e 1 9 8 2 ...JAD
Scrip 5s 1915........ FA A
Eighth Avenue—8 tock ...
Scrip 0 b 1914................
42d A Gr 8t Fer—Stock...
42d 8t Man A 8t N A ve..
lttm ortO s 1 910..MAS
2d income 0t 1915.JAJ
Lex AvA Pav F 5s-See 8tk
Metropolitan—See Stock
of
7
c o n s e c u t iv e
pag es) .—
Bid.
170
Ask.
176
100
114
102
380
175
110
104
400
S tr e e t R a ilw a y s .
Ninth A venue—Stock —
Seoond Avenue—S tock...
1st mort 5s 1 9 0 9 ..MAN
Consol. 5s, 1948...FAA
Sixth Avenue—Stock.—
Sou Boulev 5s 1945..JAJ
400 420
83
80
117% 11H
90
99
Kxch 1
Kxch 1 lit.
Third Avenue—See 8tock
28th A 29th Sts 1st5s..’ 96
Twenty-Third St—Stock.
Deb 5s 1900.............JAJ
Union Railway—S to c k ...
Union Ry 1st 5s ’ 42.FAA
S1R EE 1
Bid. Ask.
170 1S0
196 198
109 110
120 122
208 210
#112 114
#1104 112%
Exch 1 1st.
#114 110
390 410
100 108
105 200
1 1 3 * 1154
R A IL W A Y S ,
dtc.
Bid.
S tre e t R a ilw a y s .
W estchest 1st 5s ’ 43. .JAJ #112
BROOKLYN.
Atlan. Ave., 1st 5s..AAO #107
114
Impt 5s g 1934.......JAJ
95
B. B. AW.E. 5s 1933. AAO
95
Brooklyn City—S to ck .... 240
Consol 5s 1941.......JAJ 117
BklynCrosstn5gl908.JAJ 105
BkinHgtslst 5s 1941 AAO 104
Ask.
114
109
98
248
118
THE
JUNE 3, 1889,]
C H R O N IC L E ,-S T O O K
PRICES
8100K 8~H 1Q H JB 6T A N D L O W S 81 8 A L B P S IO B 8 .
» . .
M ay
M on day,
M a y 29
T u esday,
M a y 30.
67
67
ilH
74*
JS
20*
4 3*.
75*
7H
30*
m
59
24
U i<
24
a *
•110 113
20
20
|65
85
• jiH 35
•90
»a><
*35
40
•138 144
1 7 * 19
73
78
8 S9i 39
38
38*
10
m
30*
80
88* 88*
78
73
6 3 * 33
9 5 * 38
145 153
♦ 118*117
1101 103
84* a s*
8 3 * 83
93
97
141 141
8 7* 63*
15*
gi
g
>
A
©
75
16*
*4* S'*
o
►
0
44* 45*
•100 108
•10* 15
i e s * i7 i
43
49
• „.*M 89
47* 48*
88
38
s?
►
1
!■
Of
o
*87* 58*
80* 80*
117*118
♦ 88
89
•I 08 107
1 0 8 * 1 07 *
4 3 * 43
•79
80
17
17
•53
63
•73
80
151
64
•97 100
*30
35
49
43
*97* 103*
89*
111 111
3
•45
30
98
•15
4 5 * 47
83* - *U
•8 7
39
4189* 177
11*
•7* l i »
48
48*
in *
4 9 * 'll*
•79
80
•153 159
•31
63
15
15
63
69
8
8
6 7* 68*
*7
37
7 7 * 77*
•48
60
6
6
8 9 * 69*
4 6 * 47*
1118*116*
•135 190
99
99
• Bid and asked price* i
do
sales on this day.
OUTSIDE SE C U R IT IE S
1
STOCKS.
N. Y . S T O C K E X O H .
R ange j orp re
R ange fo r y ea r 1899.
Sales
o f the On basis o f roo-sh 're lots vio u s y e a r (1898).
Week.
S hares
L ow est.
Highest.
Lowest. Highest.
IBS*
sej*
84
*33
*77
•4
*39
■»a
Ask.
112
I Leas than 100 shares,
(G iv e s ?
»cree*
at
foot
K n il w a y s .
of
Bid90
no
95
102
5s 1944...... ............ AAO
1st 4* 1048............... JAJ
List*'
... NewWmb’s A n H t e x .4 * *
N YA Q asCoSs 1948.AAO
975
103
Stein w*r l s? 8s 1929, JA-J l l 2
103
OTHER CITIH81 17
BaJt Consol—Stock . . . . . .
105
Bridgep T r -1*? 5s ’ 23. J AJ •106
Buffalo Street By—Stock.
99
1st consol 5s 1981. FA A 111
8
Deb 6# 1932 ........ MAN 109
1Chlea^o O tv RR—Rtnolr
•1
t Hx dlv. o f 100 p, e. in bonds.
7
Ask.
9»
9a
105
100
1 1H
1 11
c o n s e c u t iv e
BOld stock, t Ek 100 p. c. stock dividend.
pages) .—
S I REET
Bid.
S t r e e t . R a ltW llY ft*
CltUens’ 8t (Indlauap.>8« sP lnla
*8
Cleveland City R y ..............
i Cleve C ity-lat5a ’ O0.JA-1 105*
I Cleveland Electric R y—
98
Con 5s 1913.......... MAS 100
Columbus (Ohio)—Stock, 76
! Con 5s 1982.—See Phlla . list.
Grosst’wn— 1*t 5*.......... 107*
Consol Traction (N J)—S< « Phlla
: Lake 8t (Ohio)BD'ev-Btock
17*
deb 5s 1928............JAJ • 9 4 *
Lonlsv 8t Ry—S p cb o n d s 108
C o m m o n , . . J 44
Ask.
,Ltsi
100
108
95
107
79
10**
.List,
17*
90
110
4C
RAILWAYS, <&c■
S t r e e t JK u llw n y e .
Coolsv St. Ry—Preferred.
1 yn n A B os-lstS s’24.JAD
Metrop W. S-(ChJO).—3<!r
1st g 4a 1936.........FAA
Vilujicap 8t Ry-5s*19.JAJ
Bid.
107
J118V4
St.Bic.
»eJ10BH
N^w c o m m o n .,,,,,...,.
New preferred ..............
North Chicago—Stock.. .
1st 6s 1906-10........ JAJ
No Shore Tr (B ost)-O om .
XX a
.eseswo^-oo q
« —
-3
•o
•Street K s l l w s y s ,
Bid.
B'kyn *rv»Co. A8ub. 1st 5*. 1 0
Consol 5s not gu ar.. . . . .
84
Bklyn R ap .T ra n .-8M 8tc* ok Ex.
CalXem Or 1 B’ kynlst 0* 112
Coney Island A Brooklyn. 265
109
1st 5# 1904........ ...J A J
5* <5ert f* lndbtl910.JA-7 101
B*k a A N e w 5s '39.JAJ •114
G r 8t.ANew lst5s'06AAO 108
G p’t A Lovtmer 8L l#t 6s- 108
4
K t n Co. fill« vat-—Stock
7
*'
**
Vlv^h. LI**
F rid a y ,
June 2
1063
1,760 19*M ay 13 35 Jan 24 15*M ar
20 T> eading, voting tar. c t fs ..
58 . ^ 1st pref., vot. tr ctf s . 48,500 5 l* J a a 7 68* Apr 4 36 Mar
a4s* 2d pref., voting tr c tf a.
16,050 2 8* Jan 7 3 8 * Mar 22 17*Ocfc
40 Rio Grande A W estern.. ..
2 5 * Jan 4 4 3 * Feb 3 28 May
335 86 Jan 3 70 Mar 17 50*M ar
80
Do
pref.
600
4 May 27
t. J .& G . IsL vot.tr. eta.
6 Jan 0
5*D ec
40V. S Do
1stpref. 150 8S*M ay 24 55 Jan
45 Feb
10
0 J’ ne 1 1 7 * Jan
Do
2dpref. 100
18 Deo
4,020
10 St, L. 4 S. Fr., vo u tr. ctfa .
8* Jan 6 14*F eb
6 Mar
•00
09
Do
1stpref. 100 94 May 13 75*Jan . 52*M ar
Do
2dpref.1,725 3 8 * Jan 5 44*J a n 31 2 2*F eb
BJW 85H
12
4,800
6* J a u
12* St, Loula Southwestern...
15 A pr 28
3 * Jan
80S* 31
8,570 17 Jan
Do
pref.
7*M ar
3 5 * A pr 1
865 36 Jan
S0i* s o n 8t- Paul A D ninth............
55 Apr 21 18 * J ’ly
•100^ .03
100 9 8 * Jan
106 Jan 28 78 Aprj
Do
pref
44 Jan 81
SUH 31V* Southern PacifloCo.......... 25,445 27 May
12 Apr
10?. 10* Southern, voting tr. ctfa..
0.755 10*Jan
14 Jan 16
7 Apr
19,079 40*Jan
55 Apr 22 23*M ar
Do pref., vot, tr. ctfa
fsvt 5CH,
5,150 17*Jan
eras A Pacific..........
17V* iSV.
2 5 * Mar 1
8* M a r
1 8 5 * 100
685 167 Jan 11 24i Feb 2" 145 Oct
hlrd A ven u e(N . Y.)..
•30
30 Jan 21 20 Apr
S12 Aug
*40
35
25
42
Mar
22
Do
Jan
pref.
35 Aug
67
rln Cl
8,700 38
3 73 Apr 17 1 0 * Jan
873*
malt..
118 Jan 0 141 Feb 24 107*D ec
Do
pref.
33,810
41
S-v&J'ae 1 5 0 * Feb 21
42
a a * 41
a m 41
nkm Pacific Ry
73
711*
7SM 7 9 *
Do
78H 7 4 *
.pref. 22,775 72 J ’ne l 8 4 * Jan 23 45*M ar
7 * May 36
8* J a n 94
8 ! 17*
V * \ IT abash
0*M a r
•7Ji
7V*
7v»
20
0.005 19 May 34 2 5 * A p r 5 14*M ar
• " Do
1# « 20*
19 Vi 1 9 *
3.300
8* j ’ ne 1 l l * M a y «
8jJ
SH Wheeling A L. XL, new .. .
8)*
5 8 * Jan 27 64 Jan
Do
l at prof.
33
084 38 J no 1 S2*M ay 18
Do
3d pref
34*
1,350 1 3 * May 24 1 4*M ar 81
14
Wlsoon. Cent, news wb. Is.)
U * •18* l * *
4 8 * 4 8*
49
2,215 48*M ay 26 49*M ay 24
4 9 * •48* 49
Do
pref.fw ben lss.)
.T H a c e lla n ’ s S t o c k s .
1 11
101 1109 Jan 3 SI19 Feb95 497*A p r 3 3 * Dec
119 f i l l
•no n s
m i
A dare » E xpress..
1 8 * 30 Garneries
2,711 19 J ’ne 1 2 1 * May 26
30
to*
19
mertcan Car X Foundry
64
64
00
63
64*
61
05 May 25
61 J n e
IV *
Do
prof.
1,420 3 3 * Mar
8 4 * 3 4 * American Cotton Oil.........
8 4* 84*
34
1 5 * Mar 153 Nov
S 0 *A p r 17
49 S 3 * Jan
•90
9 2 * 190
05 May 9 60 M*r 88 Amg
Do
'
pref.
! $ “ l¥ t * 9 1 *
•85
40 American District Tel . . . .
S3 Jan
* . . . . . 40
.......
5 2 * Mar 3 22 May •180 Feb
00 138 Jau 91 1145 Jan 3 •110 Jan 3 9 * Aug
•183 143 1U0
140 •140 140
American Express.............
1 9 * 30 American Malting............
2,795 17*M ay 27 3 7 * Jan 24 24 J ’ly 0O*Aug
19
10
30
30
73
74
1,060 72 May 27 8 7 * Jan 26 7 6 * J ’ly 88 Dec
78
78
, 7t
73
Do
pref.
5,51c 3 5 * May 31 59 Apr 20
86
40
3 5 * 38
A mer.Smelting A Refining
8 5 * 38*
6,393 80 May 3t 9 4 * A p r 20
80
83
81* 83*
80* 8t *
Do
pref.
4,490
8* 10 American Sptrtta M fg.......
9*
9*
0*M a y 27 1 5 * Mar 13
10* 10*
6* Jan 1 5 * J ‘ns
610 30 May 27 4 1 * Mar 13
136* a - *
3 4 * 37
Do
pref.
16 Mar 4 lg A ty r
9 7 * American Steel H oop .......
3,265 24 May 24 41*M ay 8
36
16*
36
86*
7
3
*
7
4
*
9,400
70 May 13 8 3 * May 4
78
74
, 173
73
Do
pref. I ^ .
58
6 9 * Amsr. Steel A W ire (new ) 8 1,116 45 Feb 8 78 May 4
i 58
81*
37* 69*
93
96
94
95*
Do
pref.
5,896 02* Fob 8 1 06 * Mar 18
9 4 * 96
American Sugar Rean1ag.l962.694 183*J«x» 4 189 Mar 20 107*M ar IM M A ag
1 8 9 * 1 4 * * 58 9 * 14 4 * 1 4 8 * 1 4 7
143 110 Jan 10 193 Mar 20 109 Mar 110 Jaa
Do
pref.
I 1 1 6 * 1 1 6 * 1116* 516* *117 117
82 108 Jau 4 105 Apr 18 188 Mar I UMH'Deo
>100 103 MOO 103* MOO 1 08 * American Tel eg. A C able..
34
86* A taeruan Tin Plate . . . . . . 14.01O 33 May 24 5 2 * A p r 4
84
86
88* 3 4 *
83
83
‘ l i t 81 J’ ne 1 0 9 * Feb 8
Do
pref
8 1 * 63
81
81
93
9 3 * American T obaceo. *......... 37,080 t8B * J 'o o 1 8 2 9 * Apr 6 8 3 * .’Jan
98
97
» # * 98*
*140 146
•140 146 *140 14*
Do
pref.!
30C 132 Jan 4 150 Mar 0 1 12 * :Mar l is ^ A u g
68* 5 5 * Anaconda C o p p e r ......... 23,615 4 2*M ar 99 70 Apr 80
5 4 * 57
51* 5 8*
•185 140 *180 140 •130 140
138 May 20 160 Mar 17 106 Mar
I JrookJyu Union Gaa.. . . .
1,410
14
14
D naniw . Dock
9 *M a y 9 17*Jan 81
1 3 * 1 5 * 158* I S *
7 *O ot lfS 9 Z
100
2*
9 * /C olorado Coal A I. Dev’ t
•3
3*
*2
9*
5 * A p r 81
l* J a n 17
*A pr
•8
6 w Do
•8
8
»d
6
3 •pr 14
pref.
8 Apr 21
l* O c t
ses?
5,78 U 8 0 * Feb 8 65 Apr 21
4 1 * 4 4 * Colorado Fuel A Iron........
41* 44*
41* it
17 Mar 8«H D m
MOO«
108
98 Jan 6 15 May i l
Do
pref.
MOO 108 MOO 108
65 Aug 90 Deo
1 9 * 18 C ot A Hock. Coal A I ro n ..
A * Feb 15 18 A yr 19
14
14*
13
13*
e«D eo
4 * J ’ly
1 6 8 * 1 70 * Consolidated Gaa (N. Y.)..
1 6 5 * 169 x i 66 169
l6 5*M ay 31 893*M ar 11 164 Ost 305$, J’n .
*43
48 Consolidated lo a ...............
4 0 * M a r 31 5 0 * Jan 81 27*M ar 52 Sep
4 0 * 43
*4 1 * 43
•88
93
90 A p r 28 97 Mar Id
93
•89
94
8 3 * A p r 94 Deo
Do
pref.
43
46 Continental Tobacco . . . . . 63,588 , 4 f'* J ’ ne l 6 5 * A e r 17
4 0* 44*
43* 48*
10.485 8 0 * J ’ nc 1 9 8 * Mar 15
89
81* 8 3 *
Do
pref
83H 8 0 * 8>
Detroit City Gaa................. I
69 Jan 4 85 May 12 45 Apr 67 Sep
64* 57*
L'ederal S t e e l ............... 93,455 4 6*F eb 8 75 Apr 3 89 o c t
52 Deo
88* *5 5 * * 5 4 * 39
23,100
7 8 * HO
pref
7 9 * 8 1 * X Do
" "
7 3 * M ty 18 0 3 * Apr 8 6 0 * Oct 8 5 * D e c
7 m 8i
5,485 9 5 * Jan 3 122 Apr 17 76 Bep 07 Deo
U 7 * U 8 ; 111 1 17 * 1 1 7 * 117* General E lectric.,.. . . . . .
1,765
67
8
7
*
67
*3
66* 67
CMocoee Sugar Refining ,,
6 2 * Apr 7 7 6 * Mar 20 86* Deo 72*D eo
236 1 0 6 * May 81 110 Jac 14 10 7 * Deo 1 0 9 * Deo
I 1 0 8 * 1 0 6 **1 0 6 107 *1 05 * 107
Do
pref.
635 07 Jan 3 10 0 * Fob
1*106* 106* 107* 1 0 7 * 108 1 06 * H. B .C Iafiln C o..,.
1 8 7 * J ’ne 9 6 * D e c
41
42*
43
45
40
41
nternational Paper....... 13,700 SO 51ay 18 68* Jan 23 48 Sep 67 Dec
7 8 * 7H* I Do
7 8* 78*
1,805 73 May 19 95 Jan 5 85 Sep 95 Dec
79
pref
1 5 * 1 6 * International S ilv e r ..,,..
2,376 10 May 0 30 Fob 27
15* 16*
16
17*
39
S3 Knickerbocker Ice (Chic.)
53
58
•58
54*
80© 45 Apr 7 6 3 * Fob 93 5 4 * Dec
78
76
130 74*J a n 95 84 Feb 17 81 Dec
180
80
•78
80
Do
pref.
52
59
69* 59*
5 3 * 53
T aclede Gas (8t» Loula).
516 61 Mar 4 5 7 * Jan 9 37*M ar
•97 100
•97 100
•97 100
96 Jan 96 109* May 18 85 Mar
* J Do
pref.
•30
85 Manhattan Reach C o.........
•20
95
•80
95
5 Jan 25 39 Apr 25
2 Aug
9,620 « l* M a y 16 62 Jan 21 8 0*A u g
4 3 * 43
ational Biscuit.
49
49*
*3* 44*
336 08*M ay 34 107*Jan 10 0 4*A u g
9 8 * 9 8 * mm 98* N Do
95* 98*
pref.
a n * a y * National Lead.
8,860 28 May 31 40*Jan 20
93
30
93
98*
2 6* Mar
475 111
I
ttOW* 109* • n o * u a *
Do
111
111
May 27 115 Jan 21 99 Apr
p re f’
4 Apr 24
8* J a n 18
8* D o o
•5
National
Starch
♦5
*5
4*M a r 17
7 :i
3 *N ov
7*
8* May 4
7Vt
*49
60
•40
60
65
*45
Do
lat pref
43 Apr 20 50 Mar 18 00 Mar
•15
23
*15
23
•15
21
Do
2d p ref.
....... 13 Mar 17 23 Feb 9 12* O c t
43
* ? x 4T * National Steel ................... 11,025 4 3 * J no 2 88 Apr 24
<7V* 44
«5Vi
H8
88
80*
89
86* 80
Do
pref.
3.266 85 May 15 95 Mar 28
*38
39
37
39
30 N>wG*»t_Coal (new «took)
•37
3 7 * Apr 14 42 Jan 25 40 Oct 48 Sep
160 108* N. F, A*r B ra k e ................
165 170
160 165
112 Jan 3 204 Apr 27 14 Apr 120 Sep
11
11
U H North American C o...........
11
11
7 * Deo
0* J ft« 6 12 * Apr 10
4 * Jan
uvi
8
•6*
8
8 Ontario 8Uver.
6 Mar 98 1 0 * Apr 87
8* Jan
6* D e d
9
8
4 3 * J a a 4 55 Jan 30 81 Apr 46 Deo
?«>i «7W
< « * 4 7 * P acific M a il.,.,..............
«83i 4 8 *
1 14 * 1 18 * m * n o * 1 L5M 118
eopT*Gee-L.AC.(Chlc.)! 58,620 101 May 13 120* Apr 3 86* Mar 112 Nov
id
47 Pressed Steel Car. \
45
47
* " * ‘ 4 4 * J no 1 6 0 * A p r 18
4 4 * 47
80
78
78
130
70
7Wi
78 May 25 90 Apr 18
Do
pref. I
1 5 7 U 158
156 13734 H 5 7 * 1 5 7 * Pullman’s Palace Car........
150 Jan 80 164*Jan 4 x !3 2 N o v 210 J’ly
•81
62
82 C iiv e r Bullion C ertlfs....
•61
*61
63
60 Apr 21 85 Apr 28 50 May 80*Bep
13
12 * J ’ ne 2 25*Jan 10 1 9*D eo 2 3 *N ov
i * * 13 Standard DlstiLADlstrlb.
13*
13H 1 »H
5 8 * J ‘ne 2 6 2 * Jan 10 6 0*N ov 75 Nov
09
80
61
61
88* 59
Do
pref.
7
7
8
10* A u g
8*J an
Standard Rope A Twin*
9
7W
7 J ’ ne 1 12 Jan 10
58
88*
36 Jan 14 68 A yr 18 17 Mar 3 8 * Deo
1iron A r
6«K 59
S »X
, X Do
111 Jan 4 145 Mar 28 180 Aug 105 Deo
94* S i*
at
23
t Bag A P a p e r .......
4,040 21 J ’ne 1 45 Mar 28
*4H 31?i
80
BOV,
76
77
76 May 31 89 Mar 29
rrv*
nm
pref.
•47
50 United States Express. . . .
48
48 May HI 00 Jan 12 88 Apr
48
......
5 * United States Leather.
B *A pr
5*
6
5 * J ’ne 1 8 Jan 23
5*
69
69*
8 3* 99*
Do
pref. I 6,740 68 J ’ne 1 78 Apr 4 53*M ar
63
69
14*M ar
4 9 * 5 1 * United States Rubber....... 16,040 4 2 * Jan 5 57 Apr *
4 6 * 47*
46* 49*
1114*114*
1 1 4 * 115
Do
pref.
1,030 111 Jan 3 120 Jan 9 60 Mar
U 4 * H5
1125
195 199
25 198
\ I7 ells, Fargo A C o .........1
80 1125 Jan 10 •130 May 8 ll l2 * M y
8 7* 90*
8 7 * 8 9 * TT esters Union Teleg’ h. 31,704 8 7 * J ’ ne 1 9 8 * Jan 24 82*M ar
9 0 * 9 8*
S3* 82*
50
102
33
UH
51*
19
aoo
T h u rsd a y
J u n e 1.
1 9 * 1®}
» oh S0H
s m B8AS OSH 57
3JSi SiH
33
any
*33
40
♦33
40
77
77
78
78
4
4
*4
5
*38
4u
41
41
9
*9*-j 10
9
10
10
9 * 1U«
70
70
*67
fiy
3 5 * 8i » t 35
30*
i i> . la y
n H l-H
29
a aj. 3 i y
30
46
4H
50
50
103 102 *100* 102*
2 9 * 33
29* 3o*
10* 1 1 H 10 * »OM
4 8 * 4V
47H s o y
1 8 * 19
1 7 * 18
90
100
300 800
20
30 •___
40
40 *
88* 87V*
80
87*
»Qit 20*
6SH m i
34*
40
•83
• 78* 78
4
4
*37
40
• 9 * 10
10 * IQ *
•7054
•38
1 3 * 1 3*
•48
•100**
32*
11*
30 H
19
soo
W ednesday
M a y 31*
(2 pages) Page 3
$ Buyer pajrs accrued
Ask.
109
114
List-
i!?K
25
100
249
15*
80
Mt~
1064
THE
C H R O N I C L E .— BOND
PRICES (5 pages) Page 1.
[Yol. LXVUI.
R ange
W eek’s
P ric e
R a n ga
BONDS.
sin ce
W eek'i
-§ 2
R ange or
P rit*
F r id a y ,
sin ce
Range or | § £
Jan, L
F rid a y
L a s t Bale.
1
J u n e 2.
N .Y . S T O C K E X C H A N G E I I
Jan.
1.
If. Y . STOCK E X C H A N G E ! t
L
a
st
Bale.
|
cq
J u n e 2.
W e e k E n d in g J u n e 2
B id. A s k . L oto. H igh . B o . L oto. H ig h
W ee k E n d in o J p s e 2. I, &
BUT. A ik . Loio. H igh. N o. Loto. High C A O-(Con)—
105 107%
107
. 107k 107
J
kruu 1 ChtoJuo. See BAO I
R A A Dlv 1at con g 4s-1989
97 Deo ’98
A labama
Cant. 344 S o u R j
J
98 100%
2d con g 4a............... 1989
...
10094 M or’ 90
0
5
k
May’
9f
Alabama Mid lat gu g ...l9 8 f M-N
Craig Valley 1st g 5 a ..1940 J - J
X01 1 0 1 *
Albany A Susq. Sm I ) A 11Warm Spr Val la tg 5a . 1941 M -S 100 102 1 01k A p r’ 09
101H 104
102k
102k
Alle«heny Val. See Penn Co.
KU* Lex A B 8 gu g 5a. 1902 M - ? 102 103 108
108 HOM
May’ 09
Am Dock A l. See Can o f N J
0 87% 93% Chic A A lton alnk fd 0a. 190! M-N 108
104 107)4
93
98
104 Feb.’ 90
03 Bale
i n n Arbor l i t if i s .......1006 0 - Jt
Lon. A Mo Rlv lat 7a..1900 F - A 104
106)4 100)4
lOOH 103% 406 99% 103%
1 08k Feb.’ 99
•104
A U bT A S F egeu g i i . l M f A -O 108%.
M-N
100 102k
2d ...............................
Registered.................lOOt A -O . . . . . . 8ale 101 Mar *09
78
85k
Mlaa Rtv B lat sfg 0 a ..l9 1 2 A -O
8144
891a
Adjustment* 4i..,..#19M |N ovt
8W .i u i
83
88% Chic Burl A Nor. See 0 B A Q.
83 Feb/99
11454 1169^
116k
Registered................. 1W6 Novi
Chic Burl A Q—Con 7a..1908 J - J 1 16 k Sale 110
1045^100
105 M ar’ 99
Bqalp tr ser A g 5s ... . 190V J - J
Sinking fund 5a........... 1901 A - 0
100 110 Jan.’ 90 ... 108 110
111
ill
109*113
1
10k
111*4
M-N
All A y Bklyn Imp g 5a.. 1034 J - J
Debenture
5a..........
...1
91
3
14 1 0 0 k 102
125* 151*
102
128
........
12
*
k
130
M8
Allan A Danv lat g 6a .. 1060 J - J 100 Sale 102
Convertible 5a.......... ,.1903
115* H O *
Atlanta A Char. See Son Ry
Iowa Dlv alnk fd 5a... 1919 A - 0 1 1 6 k .......- 1 10k May’99
105 I' 6*
Aaatln A N W. S«« Bo. Pac.
4 b ...............................1910 A -O 1 0 6 k ........ 100k May’ 99
1 0 1 * ICS
105 May’ 99
D a tC re ek A S . SrsMichCei
110 118
Denv Dlv 4a.................. 1922 F -A ........ 105
100 105
118 May’99
100 Apr *90
r>alt A O lat 8e Pkbg Br.'lfr A - 0
M
-S
115
115
Southwestern
Dlv
4a..
1921
May’
99
115
Trnat Co. ctfa. o f d e p ......
F
-A
Cnio
A
Iowa
Dlv
5a..
..1905
115 Oct. 9^10554 1 1 3 *
Gold 5a...............1885-192.' F -A
Nebraaka Bxten 4 a .... 1927 M-N lU k .... i i i * i i i i k
1 11 * H I *
111k
Coapouaoff......................
120 120
Reglatered.................1927 M-N 11 l k Sale l U k
120 ’ Jan.’ 90
120 1 3 3 *
123
123k
128
Sale
Registered.......1885-192! F -A
M
-B
119k 120k
Han. A St, J ob con 6a.. 1911
May’
99
120
i
o e * lo s
107
107
107
Sale
i
Bpeyer A Co. oertf o f dei
Chic Bur A Nor lat 5a.l920 A
115*116*
110k A p r’ 99
Trust Co otfa o f deposit.
ChicAE 111—lat af cur 08.190* J - D *115H .. .
11814 8ep.’ 9b
Oonaol gold 5 a ..,......1 9 8 r“iF- A
J
D
........
Sm all......... ..................190'
116 Aug’9.w
184” 184*'
1 3 4 " Jan*199
Registered.................198HF- A
125 125
lat con g 0a.................... 1934 A - 0 135
25 May’ 09
106*116*
114k
J P M A Co ctfa of dep. ... •
General con lat 5 a .... 193- M -N 114 Sale 114
1
03k
N
ov’
9b
Trnat Co oertf a depoalt. ■.
Reglatered
.......193 M -N
105 D eo’ 98
107*' 107**
107 Feb ’ 99
BaltB’ lt latg 6alntgu.l99< M-N •108
C hloA IndC R y 1st 58.1936 J - J
W Ve A P lat g 5a.......109( A - 0
Chicago A Erie. See Erie.
Monon RIt lat gu g 5S.1919 F - A
1 08k H 2
Chic Ind A Louisville—
*99
114* 116*
OeuOhio B late g4<*el93> M ^ •110 U2>4 111 Feb
Loulav N A A Ch 1st0a..’ lo J - J 117 ....... 110k Mar’ 99
105 Aug’ 96
92 1 0 8 *
A kA C J litln tg n g b a . 198( M-N
Ohio Ind A L ref g 5a.. 1941 J - J 1 03k Sale 103k 103k
. . N0V*9b
105
104 1 1 8 *
Couponaoff......................
118k
Refunding g 0a............1947 J - J •117k H 8 k 118
107*4 J’l y ’ 9b
1 6 1 * 169
Pitta A Con lat g 4a.. .1946 J - J :
108
168 Sale 108
ChM
A
St
P-1
at
7a
f
g
R
D
02
J
J
108 Mar’ 90
107k H I
B AO B W latgug4^s.l99< J - J
lat 7a SL gold R D ....1 9 0 2 J - J
93% 94
94 Jan.
1 0 8 * 16*3*
BAOBW R ycong 4 k® 1991. J - J
1 08 k A pr *99
lat Iowa A D 7a........... 1899 J - J
82k 32k
3214 Jan.’ 99
100* 1 6 8 *
108k May’ 99
l i t Ino t 6a aer A ....0 04 b s o n
1 07k ...
la tC A M 7 a .................1903 J - J
10k 13V
12 F eb ’90
100 169
..0043 Deoi
108
May’
99
Senes
i
e
?
k
108*4
Ohio Mil A 8t P oon7s.l905 J - J
161 1 0 8 *
B A O S W T erC ogu g 5s.’ 42 M-N
1 6 7 k ....... 168% A p r ’ 99
lat
I
A
D
Kxten
7
a
....
190b
J
J
1
0
8
k
112
112
Jail
*
’99
112* 121*
A Mias lat con 4s. 1941 J - J
O'ilo
h io___________
12
1k
12
1
k
122k
.......
1st
SouthwestDiv
08.1909
J
J
128 180k
12814 May’ 99
9d oonaol 7a.............. 1911 A - 0
1 15k N ov’ 0b
1st La Crosse A D 5 a.. 1919 J - J 118
103 100
10414 May’ 99
118* 123*
l i t Spr’gfleld DIt 7b. 1906 M-N
123%
1 2 3 k ....... 123
lat 8o Minn Dlv 0 a .... 1910 J - J
89
89
89 F eb ’ 9
129 1 3 2 *
l i t general^!...........1931
. J -D
132k May’ 99
1
8
2
k
.......
lat Hast A D Dlv 7a.. 1910 J - J
Beech Creek. S raN Y C A H .
114
.......
109k D e c’ 9b*
................................... 1910 J - J
121* 123*
Bel A Car. Sea Illinois Cent.
124 . . . . . 123 May’ 99
J
J
Chic
A
Pac
Dlv
6a.......1910
1 1 8 * 124
Boonev Bridge. See M K A T
Chlo A P W la t g 5a.... 1921 J - J 124 Sale 128k 124
Bway A 7th A t . Sea Met8 By.
118* 1 * 2 *
1 22k A p r’ 99
122k
.......
Chic
A
Mo
Rtv
Div
5a.
1926
J
J
108
113
112
1114 H 2 k
110
no*
Bklyn Bap Tr g 5a..........194f A -O
114
.......
112k
A
pr.’
99
Mineral
Point
Div
5a..
1910
J
J
1714 A p r’ 9*
117k 117*4
Bklyn Cttv 1st con 6a 1918-41 J - J 118
122* 122*
122
.......
122k
122k
Chic A L Sn Dlv g 5a.. 1921 J - J
. 106k 100 May’ 99
105k108k
BklynGCo A Scon» ug 5 s ’ 4l H-N
119 1 3 2 *
122k ....... 1 22k May’ 99
Wls
A
Minn
Div
g
5a.
.1921
J
J
Bklyn A Montauk. Set L Isi.
116 1 1 8 *
Terminal gold 5 a ...... 1914 J - J 118 ....... 118k May’ 99
Brnm A West l i t g 4s..l93b|J - J
Far A Son aaan g 0 s .. .1924 J - J 125 ....... 127*4 Jan.’ 9b
Baff N Y A Erie. Ss« Erie.
100k
May’
9r
Cont
sink
fund
5s.......1910
J
J
110
110 May’ S
107k H I
Ball R A P gen g 6s .......1981 M -i?
112* 118*
1 18k May’ 99
118 121
Dak A Gt So g 5s.........1916 J - J
Debenture 8a............. 1941 J - J
108* 114*
Gen gold 4s aeries A .. 1989 J - Jl 1 1 2 % ...... 1 14k H 4 k
1 2 7 k 129'
129 May’ 99
Rocb A Pitts lat g 6s..1921 F -A
105%
Feb.’
O
Registered.................1089
Q-JS
128
128
128 Jan.’ OP
Coniol 1st 8a............192* J - D 128
Gen gold Ska aeries B.1989 J -J §
103 Apr’ 0i
C lA M ab 1st g u g 5 s ..l9 4 b {J - J ♦180
Registered .............. 1989 J -J §
uff A Southwest. Sea Erie.
Mil A No lat M L 0 a ..1910 J - D 121 ....... 121 D e o ’ 98
105 May’ 99
101k 105
Buff 8t M A 8 W i l t s 51.1987 F -A
120 120
125 ....... 126 Jan.’ 99
lat consol 6a..........,1 9 1 b J - L
Buff A Suaq lat gold 5a..l91fc A -O
1 4 2 * 145
Chic A Northw—Con7a. 1911 Q -F 144 ....... 1 44k May’
Registered.................... 1916 A -O
1 1 1 * 115
n
i
k
i
n
k
110
%
.......
Gold 7 a ............
1902 J - D
107 110
10714 Sale 107k HO
Bur C H A N lat 5a........ 190» J - D
118 114
114 A p r ’ 99
R e g is t e r e d ........... 1902 J - D
1 11 117k
Con l i t A col tr g 5a... 193. A - O 11514 Bale 115k 115k
110 120
120
Feb
’
99
I*.!!!!
12
0
Sinking
fund
0a.
.1879-1929
A
O
110k
HOk
L10k Feb ’ 99
Reglatered................. 1934 A - t
117k
Oct.’
98
Registered.......1879-1920 A -O
M A St L 1st gu g 7a. .1921 J - D
106* i i o *
100k A p r ’99
1 05 " 105
Sinking fund 5a. 1879-1920 A - 0 1 06k .
105 Jan.’ 90
C R I F A N W lat g 5a..’ 2 k A -O
1 0 5 * 109
105% M ar’ 99
Registered.......1879-1929 A - 0
108k l U k
/CanadaSouth 1st 5s... 190b J - J 110k Sale 110 k
1 HV
121*128
Sinking fund deb 5a... 1933 M-N 122 k Sale 1 22k 122k
109 112
\J 2d 5a.......................... 1913 n - t 1 1 1 ....... 111 May’ 90
Registered.. . . . . . . . . . 1933 M-N ........ 122k 119k D eo’ 08
108 Jan.’ 9i
Reglatered.................... 191: ■u-r
108 H I *
109
.........
100k
109k
25-year
debenture
5a.
.1909
N
Oarb A Shawn. See Ills Cent
1 09k M ar’ 9f*
Registered ..............,1909 M-N
Car Cent. See Seab A Roan.
117* i i s "
117% May’ 99
80-year debenture 5a. .1921 A - 0 117
Carthage A Ad. See NYC AH
117% Feb.’ 9"
R e g la te r e d ...,,.....,1 9 2 1 A - (
0 R la F AN. See B C R AN
i'o’e " i'o'd"
109 May’ 99
Extension 4 s .,,, 1888-1926 F - A 1 07k •
91
93k
Cen Branch U P latg 4a.l948 J - L
01k May’ 90
106* 106*
100% F e b ’ 99
Registered.......1888-1926 F - A
Central Ohio. See Balt A O.
102* 109*
108% 108k
95
60
Gen gold S k a................1987 M- A 108k
96 A p r’ 99
Oen RRA B of Ga—Colg 5a’ 8l M-N
103 N ov’ 98
R e g la te r e d ........... 1987 Q -N
116k M ar’99
Cent o f Ga Ry—latg 5a..l04: F-A: 117
110 k H 8
107%
May’
9b
Escan
A
L
Sup
1st
0a..
1901
J
J
Registered ................194: F-Ai
144 9 1 * 100*
Des Mo A Minn 1st 7s.l907 F - A
9594 Sale
95*
90
Oonaol gold 5a..............104! M-N
108 Oot,’ 9b
Iowa Midland lat 8a ... 1900 A - 0
Reglatered................194! M-N
Winona A St Pet 2d 7s. 1907 M-N
40k Sale
4 0 * T T * ~21 88" “I T *
1st pref Income g 5a. ..19455 Oct.:
117k Feb ’ 99
15
Mil A Mad 1st .............1905 M- Is
14 A p r’ 99 . . . . 11
9
12
2d pref Income g 5a... .1045i Oot.l
liPHIP*
111 Jan.’ 99
O ttC F A S tP lat 5a..1909 M - b *112% .
4
6
0
0
0
«
8d pref Income g 5a. ...194. Oct,:
7*
113 113
113 A p r’99
95 D ec’98
North Illinois lat 5a.. .1910 M -b *112% .
M AN Dlv la tg 5a....194 r J -J
1 8 9 * 142
140% May’90
Mil L 8 A W la tg 8a.. 1021 M-N 140% .
90 J’ly *9b
Mobile DIt lat g 5a----.194*
194 J - J
105k F eb ’ 97
Convertible deb 5s.. 1907 F -A
98
Mid Ga A Atl Dlv 5a.. 194 J -J
88k 8ep ’90
1 17* 125*
125k May’ 99
101 May’ 99
Bxt A Imp a f g 5a.. .1929 F - A
101
Oent o f N J—lat con 7a. 1890 > J
138 D e c ’ 9tt
Mich Div latgold 08.1924 J - J
1 43k ...
lat convertible 7a.......190.
N 1*109
109k May’ 99
•
i'4'6 " i'4 2 *
142%
A
p
r
’
99
143%
140%
Ashland
Div
la
tg
6al925
M
-b
Convertible deb 0 s .... 190b M-N
112k Mar’ 9w
112 A pr.’ Gb
Incom es.....................1911 M-N
____
Oeneralgoid 5 a ........ 198'. j - j «2Ck .. ..
I20k
121
131*135*
135k May’ 99
Chic Rock I A Pac 0a....1917 J - J *185
118
118
Reglatered.................1081 y -J i 117 118
182* 1 34 *
1 34k May’99
Leh A WB C conna 7a. 100- Q-M
Registered .,,,, ,.. ,.1 9 1 7 J - J .......
100 May’ 99
1
04* 110*
110
110k
General gold 4a........... 198b J - J 110
09 Mar’ 09
5a................................ 191. M-N
105* 107*
107% A p r’ 99
Registered............... 198b J - J
Am Dock A ImpCo 5a. 1921 J - J 114 117k 114 Apr *99
98
98*
9
8
k
A
p
r’
99
N J South lnt guar 6a. 1890 J - J
Dea M A Ft D lat 4a. 1905 J - J
83
85
83 May’ 99
108k M ar’00
100 .
Cent Paclflo—Ctfs dp AriSO?103k 104V
1 st 2 k « ........................ 1905 J - J
98* 98*
9Sk May’ 99
100
.
Extension 4a.............. 1905 J
108k 108% 207 103% 108%
Bpeyer A Co otfa BCD. 1809
1 0 9 * 114
114 May’ 99
108
.
...................
Keok A Dea M l i t 5s.. 1923 A - O
Bpeyer A Co ctfa dep K.190<
108
.
Bpeyer A Co otf FGHL 190i
103 107k Chic A St L. See A t T A 8 F.
1 0 3 k M a r’ 90
Ban Joaquin B rg 6 a ...l9 0 ( A - 0 l € 9 k •
1 0 8 k M a r ’ 99 . . . . 1 0 5 k l0 8 k C h lc S tL A N O . See 111 Cent
113 M ay’ 0H a2 , 113 113
Chic St L A Pitts. See Pa Co.
Speyer A Co c t f a .......... ......
100k •
130 141
140 May’ 99
Quarar teed g 5a..........1931 A - (
1 2 0 k Mar *99
120k 120% Chic St P M AO con 0 s ..1030 J - D *139% .
1 8 4 * 138
134k May’ 99
Bpeyer A Co eng eta . . . .
35 112k 125% Cli S tP A Min 1st 0s.. 1918 M-N *134
125 125k 125k 125k
140 140
140 M ar’ 90
Land grant gold 5a.. 190* A -O
107 110k
Nor Wisconsin 1st 0a..1930 J - J
107 A p r ’ 9W
181 1891<
132
112 A p r ’ 90
Speyer A Co c t fa ............
112 112
S tP A SCity la tg 08.1919 A - 0
........ 134k 132
9 8 * 102)l
O A O D iv e x t g 5a....1918 J - J
...................
Chic
Ter
Transfer
g4s
..1947
J
J
101 Jan .’ 98
1 02k Sale 101% 102k
Speyer A Co c t f a .............
40 I2 0 k 122k Ch A W est I la ta f g 08.1919 M -N 105 ......... 108 J 'n e’ 97
l 22k
122V
1 2 0 * 123''
Western Pacific u 8a .. 1899 J - J
General gold 0a............ 1932 y - D 120 ........ 122 May’ 99
1 0 4 k A p r ’ 99 . . . . 1 0 3 105k
Bpeyer A Co ctfa.......................
U 109k 101 k Chic A W est Mich Ry 58.1021 J - D
109k 8ale 1 0 0 k 100k
No of Cal lat gu g 0a.. 1907 J J
.. .. ..................
Coupons o f f . , . , . ...........1921 . . . .
Guaranteed gold 5a. 193 k A- i)
119 O0t.’97
109k D eo’ 98 ............... .......... OinH A D o o n a f 7 a . ...1905 A -O
Charles A 8av lat g 7a.. 1938 J 1
1 0 8 * Oot.’ 97
...........................
2 d g o ld 4 k a ................... 1987 J - J
112 113
Ohea A O —g. 6a aer. A ... 1908 A -ct 118 110k 117 A p r’ 99 .. .. l l O k l l d k Cin D A I 1st gu g 5s. .1941 M-N *113k .
113 May’ 99
Gold
8a.........................1911
wuiu w
. . . . i i . . i . . . M ( , * v f f lAa -O
’v iVr . . . . . . 1 28 k !118 k M ar’ 99 . . .. 118k 121k O l S t L A C . See C C C A St L.
1st con g 5a.................. 1980 M-N ( l l b k ......... 118k May’ 90 ... 117k 181
OinS A C . S e e C C C A 8t L .
Registered................ 1986 M-N I 117 Sale 117
117
1 110k 119 City A 8 Ry Balt 1st g 5b.1922 J - D
80 90% 90% iClearfield A Mah. See BRAP.
Gen gold 4 k a ............. 199* Itt-M 04 Sale
94
94k
1992'M -Rl ........ . . . . . . 1 9 2 k Jan.’ 90 ...J l 92X4^ 92% 11Q1 AX A C e q A 2d g 6 a ..l9 3 0 lF- A ____ ______________________________
BONDS.
HR
n
‘ No price Friday; tbeae are latest bid and asked this week.
OUTSIDE SEC U R ITIES
Bid.
0 IT M I R a il H'HTI.
Frov A PAWt'ok-lat 5s '38 { 112 *
Riohm KyAKleo-lst 5s'20 70
Rochester Ry....................
22*
Deb fa l u l l . .......MAS
97
2d 5s 1933. .......... JAD 102
Con 5e 1930..........AAO 101
So 8tde HI (Chlo)—8took
94*
91
tJn'd T rAElec(Prov)-8t'k
West Chicago OI...HHVP 122%
Con 1930................MAN 1105%
Worcester (Maas)Tr-Com
98
Preferred............
104
(G i v e n
t Due July,
at
t Due Nov.
foot o f
A ik. II
l i n e H r c u r lt ls s .
1 15 *
75 l.
NEW YORK.
25 II Central Union Gas—
u o '! 1st 5 s . . .
....................
......... Con Gas ( N Y ) - 8to ck -N
Deb 5s 1908...........MAN
9 5 * Eqnlt Gas...........
lat 0a 1809............ FAA
92
Con. 5a 1932...........MAS
123 j
1C6
Mutual Qaa................... .
25
N. Amsterdam Qaa, Com.
.0 5 || P r e f . ... .......................
1st oonaol 5 a .... .........
Bid.
7
Ask.
II Due J one.
c o n s e c u t iv e
lu u e Jacv
1 Bonds due May. a These are op ttea sale.
p a g e s ) .—
G a e 8 e c t ir l t l e e .
N Y Utts, K! lle a t A Pow..
Gold 5s (when issued)..
N Y A East River Gas—
lat 5a 1944.............. JAJ
}105 107
Y Stk Exob
Consol 5s 1945.......JAJ
100 110
NorUn 1st 5s 1 02 7 ..MAN
Standard Gaa—Common.
110 118
Do preferred..................
$101 102*
$110 118
1st 5s 1930...........MAN
300 310
BROOKLYN.
92
3 2* Brooklyn Un Gaa—N Y 8t
1st oon 5a—N Y 8tock
56
58
$103 104 I Williamsburg Gas—1st «a
Bid.
89%
112
no
»4
l 10
125
110
G A S S E C U R I T I E S , &o.
Ask.
0‘i
115
112
90
112
137
118
ock E xch
Kxch.
$100
G a s S e c u r ltli* «
Bid.
Ask
OTH ER CITIE8.
Baltimore Consolidat—Se t Balt. L1r
Bay 8tate Gas—................
2*
2*
Boston UnltedGaa Bonds- -Bosto nList
Buffalo City Gse—
12
S to c k .......... .............
11
89
1st 5a Bonds.................. S 85
Chicago Gas—See N Y 8to ck Ex on.
103
mcinnati Gaa A .C oke... 154 186
{A nd interest tPrice
are
Jtoje 3, 1899.J
THE
BONDS.
* .Y ,S T O C K E X O H A N O ^
W BB S ENDINC JUNE 2.
C H R O N I C L E .—BOND
Prtce
FWday,
June *2.
Bid.
Week’ s
S an g e or
L ast Sale.
A sk. Low
High.
R ange
sin ce
J a n 1.
1065
PEICES(5 pages) Page 2.
P ricc
F riday,
Ju ne 2.
BONDS.
tr. Y . S T O C K E X C H A N G E
W b s k E n d in g J o n e 2.
Low. High
fa
Bid.
W eek’ s
Range or
L a s t Sale.
Range
sin —
Jan.X,
A.sk Low. S igh . S o . Low. H igh
101 MarT88 .... 101 101
70)4 91 Fla C-en A Pen 1st g 5s. .1918 j - j ♦105
90
91
01
03
0 1 4 Can 1st 5# trreo...l9 1 7| J - J
lat land g? ext gold 5a.l 930 j - j ♦105
8 7 « 08
a o O A St I^-G en g 4I..1W S J - D 93
93H
91% Consol gold 5 a .... . . . . . 1043 j - j •105 ...... ...... ...... ....
Cairo D ir lat gold l a . . 19S0; J - J
101^ 101^*
9044 103*4 Ft S A Y B Bge, Su StLASF.
i t L Div lat col tr g i i . 1M 0 M -M
105 Mar *98
99 9~ F ort 8t U D Co 1st g 4Ual94 ] j - j ♦107
89 May‘ 90
Registered
•1 01M- N
S3 84 83
86 27 83’ **87
Ft W A D C—1st g 4-8a.l921 J - D
• jr A Col DK la tg 4a. 1940 M -S
02
60
65)4 May’99
87 A ng’08
Ft W A R io Gr 1stg 3 -4s.l028 J - J
W W Val DIt let g 4a. 1940 J - J
Fulton Slav. Sts Kings Co El.
05
07
0131 W A M DIt lat g4a-1991 J - JJ * 97 ....... . 98J4 A p r ’09
102 104
ft lH a r A S A - See 8 P Co.
O la l 8t L A C la tg 4a. 1986 Q-F1 *103 . . . . . . 1Q3J4 Mar’ 96
G al HAH o f ’ 83 1st 53.1918 A - O 104 106 104)4 105 10 90)4 106
Registered
.........193d Q-Ft ....................
106 Dec‘98
Ga A A la Ry 1st p f g 5s. 1945 A - O ♦106
..................
Coruoi da................1 9 3 0 5i - n
ioa
Clc s A Cl eon lat g 5a. 1998 J - J '116 120 118J4 1181*
118)4 11^)4 1st consol g 5 s ............1045 J - J l *100
104 101 May’99 .... ioo* 108
103)* 103)* Ga Car & No 1st ga g 5s. 1930 J - J »
103)4 A p r ’ 90
lad B1 A W lat p f7 a ,.1 9 0 0 'J - J
Georgia Pacific. See So Rr.
OInd A W lat pf 5 s ...1938 Q- J*
Grand Rap A Ind. See Pa Co.
85 Sale 84)4
Peo A Bait lat con 4a. 1940 A-O
96« 16
!S«
an A St J. S s e C B A Q
23
83
30 Sale 29)4
Ineome 4a. ••••••.......1990 A p r
30
30
01 C C A led conaol 7a.. 1914 J - D
1S8 135)4 May‘ 99
135)4 135)4 H ousatonlc. See NYNHAH.
n o c k Val 1st con g 4H*l 1999 J - J 102 Sale 101)4 108
140 101*103)4
Oonjol sinking fd 7 a ...1914 J - D • i f g # .
Registered ....................1999 J - J
General consol gold 0a. 1934 |j - J *133
132^4 Not’98
107 107
Col A H Y 1st ext g 4s. 1948 A -O 105J4..... 107 May’ 9
R egistered ............... 1934 J - J
101 15 37)4 104)4
C ASlat M C CC A 1 7 a .l9 0 i A - O
108)4 108)* H oust B i W T l i t g 5a. 1933 ML-h 102 104 101
(H Lor A WE eon lat 5a. 1933 A - O
Hons
A
T
ex
Cen.
See
So
P
Co.
107
1C8
Dec ’08
107)4 H 6 )4
115M M ay’ 99
I llinola Cent 1st g 4 s ... 1951 J - J
Gjfer A Marietta. SaaPaRR-l
112)4 Nor’08
A R egistered.......... ...1951 J - b
ISO Feb *00
C e r A Mahon Val |5C,.1988 J - J 130
128 180
10*3# 10*7#
107 A pr *99
~
------ Qo-J
l i t gold 3 )* f..................1051 J - .
R egistered ....... ....*1938
103)4 103)J
102)4 A pr.’ 9.v
R egistered ..,............1951 J - .
OUt A Puts. S** Penn Co.
Ooi Mldl’d—lat g 3-3-41. 104 7 J - J
68 Sale
63
63
121 63 69 . 1at gold 8a starling ....1 0 5 1
72
74
74 May’ 90
70)4 76 |
la ta 4 a . ...................... 1947 J Registered.................. 1051 .>l-^
100 May’ 99
104)4 107
A
Coll Trust gold 4a....... 1952 A - ( 106
87 Sale
87H 15 9 85)4 88)4
Col A Son la t g 4 a ......... 1929
S '!*
10494 10^94
10494 Jatu’9V
Registered................ 105'- A - *
Ooi A 9th A t. SaaMatStRy.
108 10 y
106
106
L N O A T ex gold 4a 195; M ->
Colon: A Green v. See So Ry.
101 Mar'9
Registered..................195L< M -h
Ool H V A Tol—Con g 5a. 19 3 1
J
100)4
Sep.’S
s
J P M A Co eng cfa $85 cd
OoU
tr
3-10
gold
4
a
....
1904
73 May’ 99 !...
70 80
Registered..................190-; J G. g. 6a,. J P M c tfi atpd..
80)4 A pr *99
99)4 94
104 112)4
1 12)4 May*90
Western Line 1st g 4s.l05!
A 113 .
Gen. lien g. 4a, do........ 1996
Ool A Ctn Md. 34* 3 A O.
Registered ............... 1©51 F- A
*9394 106)4
LouiSTiile D ir g 8)4s .195b J - J 104# :
104H 104H
Ool Conn A Term. Sea NAW
Oonn A P m RIt * lat a 4a.’ 43 A -O
R egistered............. ..1953 J - J
81
92
91# May*00
8t Loula DIt a 3a.......1951 J - J
a* A G tS o. Saa CM AStP.
.......
«l)4
D alias A Waco. S w M K iT .
Registered .................i» 5 ! J - J
94** 1 0 4 #
Gold 3)4a.................. 1951 J - J 104# 104# 104# May'*09
S o y■V~
Oel Lack A Western 7a.. 1907 M -H 195
134
1S6 J*ly ‘98
108>* Apr*'"
Syr Bing A S Y lat 9a. 1906 A
„ -O_ 193
R egistered ............1955 J - J
H om * A Essex la t7 a . 1914 M -N *140
Cairo Bridge gold 4 a ., I95i J-H
143 M*y'99
149 144
7 a ...,,« .............,1 9 0 0 j - j
.. . t , .
107 Sep.’WH
Registered .................1950 J - L
128 183
Middle Dir reg 5a.......I0ai F- A 125
133 May *00
1 0 8 * Maj'OO
7a.. . . . . . . . . . . . . 1871-1901 A - O *108 .
108)4 i V i "
1*1 oon guar 7a,.....1 9 1 5 J - D *143 .
Spring D ir lat g 3 « a . 1951 J - J 101
143 145)*
u m Mey’99
Registered ................ 1951 J - J
R egistered............. 1 9 1 5 J - D . . . . . . .
140 Oct-'®*'
180 128)4
143 M*T‘99
128)4 MAy*90
C W eS tL A N O g 5a.. 1951 J - 1? 189
H Y L a c k A W l « t 6 a . . l 9 S l j j - J U tffr ,
138 142)4
Conatmeuoa 5a.....1933! P- \ ........... ..
Registered ................i&5t .1-1
198 Bep.*0H
117 118)*
U 8 H A pt *99
ioo ioo**
Term A Inapt 4a.......1933fM-W ............
100 A p r’ 99
Gold 3 )4 4 ................. 1951 j -r *08*
R egistered ............1951 j -1
Warren 3 d 7 a ............. 1 9 0 0 U - 0 . . . . . . .
108 Attg’ 98
l o i i i iol)i
104)4 Feb* *09
••i A H od lat Pa Dir 7a. 1017 m - M;*U2 ,
Mem DIt t a tg 4 a .... 1051 j - i
146 8ep.*06
R egistered............1Go i j - j
a^r.attrad.. . . . . . . . . . 1917 M -H
..... ,
143 Mey’WT
I 2*i” *181*
1
2
0
Bailer
A
Car
1st
8
s
....
1033
Alb A 8 a* 1at oon ga 7a 1906 a - o >* 130 hi .
j
i
1
3
1
*
*
Febv»t
130H Apr *99
190)4 190)4
St L Sou l i t gu g 4 s .. .1931 M- * 05
94)4 D eo’08
R eg istered .,.,.. . . . . . 1 0 Q 6 A -o ! . . . . . . .
05
A S la t g 4a.........1932 M90 N or’ 98
Gold 6 a . . . , . ............. 1906La - Q *113
115*' May‘ 09
iVs” m iil I nCarb
d B lA W . S aa C C C A S tL .
R e g istered ...,,,...1 9 0 9 a - O
lt4 W A pr *99
114« 117H
102)4106)4
ICO ...... it 5 May’ 99
Ind Dec A W l i t g 5 s .. ..1035 J Rena A gar l a t 7 « 1991 I.Yl-N 1150
156)4 139H
If OH 153
104)4 108
Registered ............... 193! 'M-H
100 ..... ICC A p r’ Sv
ind HI A la lat ref g 5 a.. I iu - A-<
141 M *y‘9l>
128 126
Bel RIt R.R B e t See Pa RH.
185
125
lo t A Gt No lat gold 6a. 1019 M-K
01
97
93
9 )4 08)4
Ben Con T r Co la tg 5 a ..1933 A -O
td gold 5a............... ...,100V M -h
87W 100
92)4
93 Jan.*00
60
63
Den Train C ocoa g 6a. 1910[ J - j
8d gold 4 a . . . . , , , , ..........103] 51- ^
02)4 Sale
. . . . . ICS
0 2)4
62V
107 115
Met S t CO lat ga a 6a. 19 1 l J . j
111),
113)4 dale 112
Iowa Central lat gold 5s. 198~ J - i
nen A R O rla t g o ld 7a.. 1900|M-K
Iowa Midland. St* Ch A N W
(*T\
105)4109
U te o n g 4 a . . . , . , .........1936 J . j
10344 8*1 a 108
139 100 104 ! Jeffera-m RR. See Erie.
104
la tc o n k *H » .............. 1036 J - j
113)4 <13
al A A G tt. S*4 L 8 A M 8 .
UM la lObM 113V
Improvement gold 5a. 192 m j . [» 106 167 10644
C84j a 103)4 109H K an A Mich. 8*4 Tol A O C.
Dee M A Ft D. 3*4 O K U P.!
K C A M RAB I at «u g 5a. 19»v
08
75
Dee M A Minn. 3*4 Ch A N W.
K C P A G l i t A col g 5a. 193
66
80
Kan C A Pan. 3*4 M K A I
Dea M On Ry lat g 3 a... 1917 M- N •105
103 A p r’ 99
107)4 108
Dec MATol. 3*4 L 3 A M So.
Kansas Mid. 3*4 St L A 8 t
• e t A Made lat Hen g 4a. 1095 j - D
KantackTCent. & * L A .Y
....................' - • j
Ke*jk A Dee M. Bm C R 1 A 1*
85
05
Kings C o K lw r A l i t g 5a’ ‘i 5 J -•
•a] A Iron Range lat5a. 1037 a - O . . . . . . . 10«H 100 M*y*00
85 Mar*9U
107)4 m
89
09
R e g i s t e r e d . . . ..1987 a - O
Ful El 1st gu g 5a aer A .‘ 29 M -»
89 A p r’ 9V
3d lien mortgage 6a.. . 19 16 J - J
Knoxville A Ohio. 8 ** Bo Ry.
Dal Red W A 3 lat g 6*. 1928 J
120 121)4 120M 121
116)4 181)4
ake.Erie A W l i t g 5m. 1937 JJ
03)4 r * b .’0v
L
Dal So Shore A At g 5a. 1937 J - j 115MS*145 115H 1l5Vi
108)4 l i o g
108U 109 108) * 109
3d gold 5 a ..... . . . . . . 1041 J - J
l i l f i 115)4
100 100
o f Minn. SaeBtPMAM
North Ohio lat go 5 a .. 19*5 A -C IG2M Sale 102)4 102)4
E ast
k : T V . x dm. 3 t . i n Hr.
L H A M A See X Y Cent.
K gtn Jvl A R lat g 5 e ... 1941 u - n 108)4111 111 M*y'90
L«h
Val
(Pa)
ooU
g
5«
.1007
104
A
n
g’98
M-f
104)4 111
105)* H 0 )4
SlU Im x A B 3. St* C A O.
Leh Y N V lat ga g 4)4s., 1040 J -J 107)4 ,
109) 4 U 0)4
m m C o n A No. 8*4 LehAN T.
UeglBtered...............1 0 4 0 J -J
118* 11894
■n*» '.at e rt g 4 a.........1 0 4 7 . n s 116)4.
Leh V T e rR y lstg u g 5a 1041 A - O
118>4 Mar *9V
117 Apr ’ 09
115)4
133)*
14 ext gold 5*........... 1910 M- H 191
Regiatared ....................1041 A - (J
100)* J'ly '87
121 May’ 90
121 131
96 96
I d e r t g o id 4Ua............1999 M -8 115
L V Coal Co lat gu g 5a.. 1038 J
06
90
113 Not *9s
4th ext gold 5«............. 1990 A -O 180
Raglatared.....................1088 J - .
191 J*n.’ 09
181 131
5th ext gold 4a..............102“ J - D 104 ,
*
01*# ‘Vi*1
Leh A H Y la tg u g 4 a ,..1045 M -h
08 Feb *09
106)4 A p r’ 99
91)4
<
106)4
108)*
l i t oonaol gold 7a.........1990 M« H: 144 .
144)4 May‘ 09
148)* 1454* R eg iste re d ................. 1945 M- h
lite o n a olg old fd 7 a..1030 M- H\ . . . . . .
113 ......
El C A N l i t g 1st p{6a. 1014 A - i
148 Dec *08
10 00)4 100)4
Long Dock oon gold 6a. 1936 A -O j <38
guar 5a............1 01 4 A - < 100)4 Sale 09)4 100)4
189)4 A p r*99
139)4 139)4 I^hGold
BaJf N Y A Erie lat 7*.l WI«‘j -D *135>4
A Wilkeab- 3*4 Cent NJ
140 Feb *99
140
140
Bair A s w g o u
j - j .........
Leroy A Caney Van See Mo P.
i*S RR l i t *n gold 5a. 190V! A-O* *05
Lex A t A P V. 3*4 V
106 Feb *99
106 108
88
87
Cbie A Erie lat g 5 a .. .1989 M -N i 1 1 4 «
8554 35fc
H5
115
85 H
10 1U)4U«)4 I, R A M la tg 5a 1937 Tr ctfa
Co*l A RR lat e ga 6 ».!»3 ^ M-N
Long Dock. 3** E rie
120 124)4
Dock A Imp l i t car 6a. 101» j - J : 11S
124)4 May’OU
183
Long laPd— 1st oon g 6a 1931
102
lat eon v i t . . .,. ,., ... 1 0 3 1
109 Oct.*98
N T A Green L g a g f i O 948 .7t-Nl>106
98** 108**
■rie lit eon g i t pr hda, 1996' j 04 8*1e
08 Sale
08”
*08
General gold 4 a .,,* ,,. 1938
03M
94
384 92)4 05
09 101
R e«il«tered ...,,........1996 j - j
i
100
100 Mny’00
93
03 93)4 Ferry H t gold 4>41, , , , 1033
93)4 M ar’ 90
J
I
le t eon gam Deng 4a....1996: J - a
TOO
Gold
4
a
,.,..................,,1083
7iaij 70)4 77'
7th Sale 72H
• egietered .... . . . . . . . 1996[ j - J
M5
Debenture gold Ba.,. . . 1084 J-JJ
10*6” 10*6"
S T 8 4 W - t » t ref ,5a. 1937 J
10*6” J iuL*’90
110 .......
V{“ May’99
107" 113*’ I N Y A R B l i t * 5 s ,,,. 1W27 M-r* 100
• ' M .............
■ i
2d I n c o m e .,,,,,....... 1037 Hep
93)4 A«g*9»
167” i*o*r
Generalg 5 e .t
.1 0 4 C ! '- A i t i l l 8*1«
*NY B A M B con g 5a.. 1035 A -O ioa"
lb?” J iuLV90
*
■
*
•
*
<
*
*
*VB'
I
0
7
97H
Terminal 1at a5*.... i M u 1y%- s i
Bklyn A Mon lit g «s. 1911 M
l* 118
m oet/94
fiegla 55,000 e *ch . 1948
-n!
la t 5#.......................... 1011 M - r 103
100)4 100)4
VTUAASaeletga g 8*1942! J -D 108 8*Je am i ioa
95
100)4 A p r *99
Nor 8hb latcon g g u 5 a ,,*82 -O
j
9
8
4
4
108)4
MU
RRofNJT fatg6*1010 A-O t 130 >4 122*4 ISO May’ 99
•J
------‘ 1 8 0 1 3 8 | N Y Bay Ex B 1at Ka g Ba’ 43
i A L Sap. 3*4 C A N W.
Montauk Ex gu g 5a...1945 J - J
EerekxrtprlEg* let g 6a, 10331 F - A
La A Mo Ulv. 8*4 Chi A Alt.
65 Not *97 . . . .
•
50
78
* t A T a let con 6a, .. . 1931 J - J 135
03
G0
55
H
L E A St L Con on g 5a Tr cert a
1S4 Apr-OO .. .. 1131)4
134
0
10
laigenerei gold 3a. ,..1 04 2 A -O
8
9 Mar’ 99
^ 1 06 )4 I General gold la .. ......... 1943 .11-8
103*4 103 May*99 ... 100>8
M l Tarnon lat 6 a . ,.. .,1923 A -O
106 Nov’ 97
1 Lou A Naan—CeceJ Br7»10O7 .11-8 *105
ia094
132)4
* S 2ii C ourefa la tg 5#^ 1030 A -O
N O A M la t g 6r ....1 0 3 0 J -J *180
132)4
18S «
117 138
BrATnl let oon g~i g **.. 1028 J - J 102
m u . 122 May’ 99
2d gold 6*................... 1980 J - J >•
;103H May £»» . . . . ! 98 103)4
r * n to A 8 o . 3 « C h M A 8 tP .,
117 N or’ 08
E H A Nash la tg f?*...19l0 J -D •113K
11794 iVi*
J
-D
lint A Per® M g 8 a ....1030 A - O ! 124 193)4 193U 11»; 120)4 134
*117
120*4 May’ 90
General gold 6s.......... 1930
F l a t eonao! gold 5 a .... 1039 71-N 108
107 107
•••••• 107 A p r’ 99
103)4 May*99 . - 100)4 105)4
125
Deo’
SS
I. d»T 1st a v
F t B ar
g 5a, 1939 A - O ......... io^ 1108
no
19 A00 110
* *•••♦
• * V o p r i e « Friday; theeeara latest Wd and aeked this weak, t Dee Aaguat.
OUTSIDE SECURITIES
fJ * e !*«ecarltlea.
City Gas * Norfolk v a ,
lat 6a .........................
City H A L F atorta) 5*.
Ouluinbaa (O) O m - S tock 100
lat 5« 1933............. JAJ 9105
Oonaolid G a »(N J )— Stck
80
1st 5e 19bo.........,..JAJ| 64
CotuKd Gas {P it t a !.,.....
81)4
P r e f.................................
Bonds 5*..........................I 1 14
Ooturam Gas (J C lty )-8 tk 106
l i t 6e ....................MAI? 103
DarrrHt Gaa—3** N Y Exe! h. Hat.
(Givkx
t Due April.
8 Due Janaary.
1 Dae October. 4 Bonds daa l atf*
a t foot of 7 o o x s k c u t iv b p a g e s ).— 9
U u*
Fort Vr syne (le d )—Sto A
1st 6a 1085 ............ JAJ
04
Grind Rapids—stock
lat 5* 1915.............FAA
106)4 Hartford (Ct) Gas L . . . 25
24
Indiana NatA 111Gas—8tk
66
lat 6 i 190B ......... MAN
92 I Indianapolis Gas—Stock,
1st 6s 1 9 2 0 .. .,, ..,MAN
*»H\
Jersey City Gas L igh t..
109
Laclede Gas—N Y stock
no
Lafayette (Ind) Oas—8tk
1st 6s 1024........M A N
Bid.
05
30
103
102
t 43
50
03
192
103
20 3
Etch,
05
91
Ask.
70
83
US
100
G n a K een T it le s .
Loganspt A Wab Val—dtlc
1st 6 i 1925 ............ JAO
Madison (Wia) Gas—3tek
l i t 6s 1020............A AO
Ohio A Indiana—S lock...
60
1st 6s 1 9 2 6 .............JAD
75
Peoples Gaa A Coke—N Y
129
Philadelphia Co—See Bos
104V4 i 8t Joseph ( M o ) . .,. ... - .212
5a 1937....................JAJ
8t. Paul Gaa—Stock. . . . . . .
Conaol 5s 1944 ....M A S
70
lyTacuie Gaa—S to c k .....
84
Bid.
50
71
06
5105
52
72
Stock
ton L
45
94
f0
$ 85
19
4 O p tion a l
A S SE 6 URITIESy dtc
Ask.
52
78
07
108
51
75
Kxoh
lat.
48
99
52
00
19
G a a 8ecnr1t1f*«.
Hyr'aeGas—1st 5a ’ 46.J AJ
Western Gas (Milw ) .. . . . .
Ga—Sri N Y 8t Ex Hat..
T r l e g , Sc T e l e p h .
atoerican Diat Tele—NY
American Tel A Cab—NT
Central A South A m ir—
Ohea A Poto Teleph—8tk
Bond 5 a . . . . . . . . . . . . . . . . .
Commercial C able.. . . . . . .
'omroer Union Tel (NT)
BoapLre A Bay State T el.
{A nd interest. tPrloe
81
97
M4
100
Stock
8 took
114
78
103
184
lie
Kxch
R ich
79
106
186
118
75
77
per an art
106(5
THE CHRONICLE.—BOND
R a nge
lin ce
Jan . 1.
BONDS
■.X JS T O O K E X C H A N G E
PRICES. (5 pages Page 3)
P r ic e
F r id a y ,
June 2.
BONDS.
N .Y . S T O C K E X C H A N G E
W e e k E n d in g J u n e 2.
[Vol. LXVIII.
W e e k 't
R ange or
L a s t Sale.
R a n ge
stnee
J a n . 1.
L o w .H ig h ,
B id. A ik . L ow . H igh . N o.
N Y Cent (Con.)
1 0 4 * Feb.’ 99
L o v A N u b (Con.)
□
Deb g 4a re g.. . 1890-1005 J - D 102
104* 1 0 7 *
04 * May’ 99
05 .........
8L l y u !• DlT *d 0 30..1O8O M -8
Debt certs ext g 4s. . . . 1005 M-N •102 104 1
107” NoV’ 98
N uh A Deo lat 7*.......1900 JI - J
Registered..................1005 M -N “ 101* ......... 1 0 4 * J’ne’ 98
1 1 0 * 1 12 *
112* 112*
112
jink fd (BAA) g 0 e ... .1910 A -O ! ! ! ! ! ! i i f
J
J
.............................
1907
G
3
*
s
100*109*
1 11 * U 2 *
10844 May'99
1 1 2 * A p r ’ 99
....... 110
9 A N A oongu b 5s ...1 9 8 0 K -A
Registered..........
1007 J - J
107*110*
9 9 * 103
107*
May'99
10714........
1
02
*
1
02
*
Gold 5s......................... 1987 M-N
Lake Shore col g 8 * a .l9 9 8 F - A 1 0 2 * 1 0 3
98 1 0 2 *
9 4 * 99*
9£*
99
101* 102*
0 8 * Bale
Unified g i s . . . . .. . .••♦•1940 J - J
R egistered................1998 F - A
98 102
1
0
1
*
1
0
1
*
1
0
1
*
Sale
Registered.................1940 J - J
F
A
Mich Cent coU g 3 * 8 .. 1998
9 7 * 100
9
8
*
101
98.11
9
8
*
100
May‘99
^08^
Bale
O oltr 5-90 0 4s .. . .1908-18 A -O
R egistered................ 1908 F - A
1 118
100 108
112
119
108 M ar’ 99
108
.
.
.
Fens A A ll 1st go b fls.1981 f - A
M
-N
1900
Harlem
1st
7s..............
108 110
103 1 0 0 *
May’
99
103
103
..
.
Coll trust g 5s........ ...1931 M-N 108 ; ; ; ; ; 108 May’ 99
Registered............ . .1900 M-N
108 108
108 May’ 97
LANA MAM 1st k 4 * s .l9 4 5 M- ft 103 ....... 108 .lan.’ 90
N J J u n c R g u 1st 4s .1986 F - A 104 ...
0 0 * 10O*
N Fie A 8 1st gu g 5s ..1987 F -A 107* 109^ 108* May’ 99
R egistered.................1986 F - A
91
110*115
90 May’99
06 .......
Kantuokv Cent g 4s.. . 1987 J - J
W est 8hore 1st 4s g u .2301 J - J 1 1 4 * U 5 * 1 1 4 * 1 15 *
100* 114*
103
Jan-’
9b
L O ln A L e x g 4 * e ..,.1 9 3 1 M-N
1 14 *
R egistered.................2801 J - J 114 Sale 114
110 . . . . . 108 N ov’98
A Jeff BgeCo gu g 4s. 1945 M - 8
J
J
Beecn
Crk
1st
gu
g
4s.
1930
t N A A C. S s s O l A L . ^
100 J’ne’ 98
Registered.................1980 J - J
109 Mar’98
Louis By Oo lstoon g 5s. 1080 J - J
2d gu gold 5s.............1036 J - J
ahon Coal. Set L B A M 8.
Registered................. 1986 J - J
112 «
M anhattan By oon 4s. 1990 A - O ........ lid 100* 100*
Clearfield Bltum Coal Corp
121*
121
121
Metropol K1 1 s t g 6s ... 1908 J - J 121
95 J’ly ’ 98
l s t s f ln tg u g 4 ss e r A .'40 J - J
100*103*
101*
adfliT..*....................1899 M-N 101* Sale 10 ! *
Small bonds series B .. 40 J - J
Men 8 W Oolonls g 5 s .. .1934 J - D
Gouv A Oswe 1st gu g 5s.’ 42 J - D
128*182
129 May’ 99
Market BtO Ry lstgA s.1913 J - J
R W A O gcon ls t e x t 5 s .’ 22 A-O* 1 2 8 * .
IfoK 'pt A B V. SssPMcKAV
Nor A Mont 1st gu g 5s.’ 10 A -O
Metropolitan HI. See Man Ry.
R W A O T R I s t g u g 5 s .l8 M-N
8*124
123
113
Met 8i Ry gen o tr g 5s.. 199 < F - A 122* Bale 122 *
113 A p r ’ 99
Oswe A R 2d gu g 5 s ..1915 F-A 5
81*185*
...H I
BwayATthArlstog 5S.1043 J - D 121* Sale 121* 123*
107 A ug’ 98
Utica A Blk Rlv gu g 4s. ’ 22 _ - J
•HIM
Registered ..• ......1 9 4 3 J - 11
M
-ft
Moh
A
Mai
ls
t
g
u
g4s,1991
123*187"
125 May’ 99
•H ill
OolA9th A t 1st gu g 5a 1093 M- ft
_
D
Cart A A d ls t g u g 4a. 1981
•H ill
Registered ..........1 9 9 3 M- 8
N Y A Put 1st congu g 4s.’ 93 A -O
m " 120*
1 25 * 1 25 *
Lex A t A P F 1st gu g 5s.’ 93 M -ft 125
1 2 3 * D e o ’08
N Y A North l s t g 5s.. 1927 A -O
Registered..................... . M -S
Lake 8hore A Mioh South—
08* 68*
68* Jan.’ 99
Apr.’ 98
Mex Cent oon gold 4 s ... 1011 J - J
Det Mon A Tol 1st 7sl0O0 F -A
2 3 * May’ 99
10SU 107W
10 * 25'
1st oon lnoome g 8s ... 1939 J’lyl
May’ 99
Lake Shore con Ist7sl900 J - J
1 2 * May’ 99
9 * 14!
105^ ;io « w
12
Id oon lnoome g 3 s . ...1930
1
0
0
*
Feb ’ 99
R e gistered .........1900
116
* 117*
■quip A oollg 5s . . . . . '*17 4 - 0
117 May’ 99
Consol 2d V s ....... 1903 n * • 117* .
28 8 4 * 88*
87*
98
n e w i i 8«
Mex Internet 1st oon e 4a. 7 < M- ft 88 Sale
1 1 6 * Jan.*99
Registered.......... 1903 - D
100
um
Mex Nat 1 st gold 6s...... 1927 J - D
'
10*
n
o
*
Gold 8* s ............ 1997 J - D 110 * 8ale
100 111
3d Ino 6s AjCp stmpd.1917 M-St
11 A p r ’ 09
Registered.......... 1997 J - D
14
14
A p r'99
HHH
9d lnoome gold 6s B .. 1917 An.*
.
.
.
.
.
1
0
8
*
D
e
o
’
97
A
-O
Gin A 8 1 s tg L 8 A M 8 7 s ’ 01
Feb ’ 07
. . . . HHI
Mex North l*tgold 0 s ..1910 J - D
K A A G R l s t g c5 s.l9 3 8
J
Registered?................ 1910 J - D
121 Oct.’ 98
128 ...
Mahon C’ l R R 1st 5s. 1934
J
109 *
Mloh Cent. Sts N Y Cent.
110
Mich Cent—ls t o o n 7sl902 M -N 110 1 1 0 * 10
103 103
Mid o f N J. 8 t* N Y 8us A W
108 May’ 99
1st oon 5 s . ...............1002 M-N 1 0 3 * ...
LOS*1 0 5 *
105* Feb.’ 90
MU El Ry A L 80-yr g 5s. 1926 F - A
.......
122 Feb.’9a
120 ...
6s................................1909
■"
8
M L 8 A W. Set Chlo A N W
1 2 1 * J’ne’ 98
5s................................1931 M -S 127 ...
MU A Mad. Set Chlo A N W
1 2 5 * Jam’ 98
R
egistered............1931
MU A North. S « C h M A 8tP
1 0 0 * Feb.’ 98
i s ................................1940
MU A 8t P. Stt Ch M A 8t P
108 Jan.’98
R egistered............ 1940 J - J
M ln A S t L gu . See BC R AN
J
D
Bat
C
A
St
ls
tg
u
g
3s.’89
145
150
. 157* 150 A p r’ 99
Minn A 8t L—1st g 7 s .. 199 J - D
1 0 5 * 108
1*0*7 "
107
107
Sale
N Y Chic A S tL ls t g is.1937 A -O
1 10 * 115
1stoons gold 5s..........1934 M-N
105*105*
■ U 4 * 1 1 4 * 114*
1 0 5 * A p r ’ 99
R egistered................... 1937 A -O
125 185
125 Jan.’ 9w
Iowa ex 1st gold 7 s .. .1909 J - D
N
Y
A
Greenw
Lake.
Stt
Erie
127 127
f Jan.’ 99
Bouth West ex 1st g 7s. *10 J - D
N Y A liar. Stt N Y C A Hud.
I D eo’98
Padflo ex 1st gold 6s .1921 A -O
N Y Lack A W . S e e D L A W
M A P 1st 5s st 4s Int gu. . ’86 J - J
N Y L E A W . Stt Erie.
M 88MAA 1st g 4s ln tg u .’ 26 J - J
N Y A Man Boh. Set Long Is.
MStPASSM oong 4s lntgu’ 38 J - J
N Y A N E . Stt N Y N H A H
Minn Bt Ry 1st oon g 5s. 1919 J
1 0 4 * Oct,’ 97
N Y N H A Hart ls t r e g 4 s .’ 03 J - D
MinnUn. Stt 8t P M A M.
3 V78 191
185
185
Convert deb certs $1,000 .. A - O
93
95*
9 3 * Sale
9 1 * 96
Mo Kan A Tex—lstg 4s. 1090 J - D
172 184
184 A p r ’ 99
Small
certfs
$
1
0
0
............
71
0
0
*
67
66* 8ale
2d gold 4s....................1990 F-Al
eg*
1
2
0
*
A
ug’98
•126*
.
Housatonlo R con g Ss.1987 M-N
82
91*
89 May’99
87 . . . ,
1 st exten gold 5s........1044 M-N
N H A Derby o o n 5 s ... 1018 M-N •119 .
90
86
88*
88*
88* Sale
M K A T o i T ls t g u g 5 s .’ 42 M- 8
" 1 120* 121
121
121
N Y A N E 1st 7s.........1905 J - J 121
7 5 * 82
79 Bale
K O A Pao l s t g 4S....1990 F- A
79
79
115 May’ 99 .... 114 115
115*
1st 6s......................... 1005 J
95
85
95 A p r’ 99
Dal A Wa 1 st gu g 5s. 1940 m -N
N Y A North. Bet N Y 0 4 E
Booner Bdfe Go gu g 7 s ..'06 M-N
5 100 108I*
109
1C8*
N Y O A W con 1st g 5s. 1989 J - D
Tebo A Neosho 1st7s. 1903 j
100 H
Refunding 1 s t g 4 s ....1092 M-SII 1 0 6 * Sale 1 0 5 * 1 0 0 * 25 108
L O lg 106
1 0 4 * May’
MO K A B 1st gu g 5 s ...1942 A -O
R e g ls P ,0 0 0 o n ly ... 1992 M -8II . . . . . . 105 1 0 1 * N ov’ 98
110* May’ 99
181*
Mo Pao—1st oon g 6s .. .1020 M- N
N
Y
A
Put.
Set
N
Y
G
A
H.
117
. 117 116
116
3d 7s.................
1906 M-N
9 1 * 1 0 0 * N Y A E B. Stt Long IsL
98
99
98
Trust g 5s.................... 1917 M-81
N Y B A W . Stt Brie.
Registered............... 1917 M-Sl
1 st OOll gold 5s............ 1020 f - A
88
9 0 * N Y T ex A M. Set 80 Pac Co.
91
North Illinois. SosOhl A NW.
Registered................1920 F -A
North Ohio. Stt L Erie A W,
Fac II of Mo l s t e x g 4 s .’ 88 F- A 108 .
100 108
108 A p r’ 99
Northern Paolflo—
2d extended gold 5s. 1938 j - J •118* .
1 1 1 * 115
115 Apr.’99
114* 120
1 1 9 * A p r’ 99
•112
Gen 1st RR A L G sf g8s . ’ 21
Yard V I A W l s t g 5 s ..’20 M -8
117 Oct ’ 98
•112
R e giste re d ..............1921
Leroy AC V A L ls t g 5s ’20 j - j
131
* 13 i *
1
3
1
*
May’
99
132
8t P A N P g e n g 0S...1928
0 t L A l M t l s t e x t g 4 * s .’ 47 F-Al 100* ....... 100* May’ 99
1 05 * 1 00 *
180 8ep.’ 98
Registered otf s.........1923
2d ext g 0s................1947 M-N 1 0 5 * ....... 105 May’ 99
105 107*
i o i * io e *
100
100*
1
0
0
*
Sale
Prior
lien
r
A
1
g
g
4s.
.1997
Genoonry A ld g rtg5 s'3 1 A -O I l l * Bale
105 112
111 *
103 104*
1 0 4 * May’ 99
Registered.......... ....1 9 0 7
Gen cou stamp gtdg 5s’ 81 A -O •110 .......
. May’ 99
110 111*
00* 70
07
08
0 7 * 8ale
General lien g 3s.........2047
MiasRIt Bdge. Sw C bloA A lt
05* 65 *
0
5
*
May’99
Registered
................
2047
......... 6 0 *
MobABlrm prior lien g 6 s.’ 45 j - J
. 112
9
0
W0
95 May’ 99
Wash Cent l s t g 4 s . .. 1948
8maU................................. J - J
112 119
119 A p r ’ 99
Nor Pao Ter Co 1st g 0S.1938
lnoome gold 4s............1945 J - J
Nor Ry Cal. Stt Cent Pac.
Small.................................
180* May’ 99
Mob A Ohio new gold 0 s ..’27 j - D ........ 131
125 1 30 * N orW is. Stt C 8t P M A O.
1 07 * 1 0 7 *
1 0 7 * May’ 99
Nor A South 1st g 5 s .... 1941 M -N
1st extension gold 6s. 1927 Q-J* 120 122 122 May’99
117 128
130 1 3 0 *
1 30 * F e b ’ 99
Nor A W est ga n g 6s ... . 1981 M-N 182
General gold 4s...........1038 M- ft
8 2 * 88
36
86* 80
00*
128 N ov’ 98
New RiTer l s t g 0 s ....1982 A - O 132
Montgom DIt ls t g 5s. 1047 F - A 100 Sale 109
109
100 109
L17*
Aug’
98
123
Im
p
m
n
t
A
ext
g
0
s
.
..1984
F
A
Bt L A Cairo gu g 4 s.. 1931 J - J 9 3 * .......
101 F e b ’ 97
C O A T Is gu g 5 s.... 1922 J - J •106
Mohawk A Mai. Stt N Y O A H
9 6 * 1 0 1”
9 9 * 100
99 101
Solo VAN B ls tg u g 4 s.l9 8 9 M-N
Monongahela Rlr. Stt B A O
8 8 * 96
94*
95*
95 Sale
N A W Ry lsto o n g 4s. 1996 A -O
Mont Cent. Stt Bt P M A M.
Registered ...............1996 A -O
Mon tan k Ext. See Long Is.
SmaU..........................1996 A -O
Morgan’s La A T. Sm U PC o.
Morris A Essex. Stt Del LAW
Nor A Mont. Set N.Y.Cent.
IndAW . 3 ssC O O A 8 tL .
ash Chat A 8t L .lst 7 s.’ 18 J . J 138 . . . . . 1 3 2 * A p r "
132
1
32
*
N td 6s ....................... 1901 J
hlo A Miss. SwBAO SW .
1 0 5 * N ot ’ 97
102 Jan.’ 98
1st oon gold 5s............ 1028 A -O 1 0 5 * Sale 1 00 * 100
1 05 * 1 06 * Ohio River RR 1st g 5e..l930
General gold 5s...........1937 A - O
I s t 6s T A P b .............. 1017 J - J
65
85
75 May’ 99
75* .
Om A St L l s t g 4s.........1901 J - J
1st 6« MoM M W A A 1.1017 J -J
1st gold 0s Jasper Boh. 1023 J - J
Ore A Oal. See So Pac Oo.
115 Mar’ 99
115 115
110 114
113
Nash Ylor A ih e f. Stt L A N
Ore Ry A Nav 1st s f g 6s . 1909 J - J 1 1 2 * . . . . . 113
100* 105
Ore RR A Nav oon g 4s.. 1948 J - D 1 0 2 * Sale 1 0 2 * 105
New H A D . S eeN Y N H A H
128 1 8 2 *
Ore Short Line 1st g 6 1.1922 F - A 1 8 2 * Sale 1 3 2 * 1 3 2 *
N J Juno HR. Stt N Y Cent.
121 181
N J Bonthem . Set Cent N J.
Utah A Nor 1st 7s.......1908 J - J
121 M ar’ 99
Gold 5s.......................1926 J - J
N swAClnBdge. BsePennCo
102 May’ 97
108 H 3 *
OreSh It—1st oon g 5I...1946 J - J 1 1 3 * . . . .
N '0 4 N K p rlorllen g6 s.l9 1 5 A-OI
113* 113*
85
»0
N Y B A Man Boh. Stt L I.
Non-cum Ino A 5s.......1940 Sep.* 90 Sale
89*
00
65* 74*
N Y Bay Exten RR. Stt L I.
Non-cu Ino B A col tr.. 1946 ' ct.i 70
70
70* 6 9 *
■ Y Cent A H R—1st 7s. 1903 J - J
O iwego A Rome. Stt N Y
1 1 5 * 1 16 *
Registered................1903 J - J
O O F A S t P . Set C A N
111
.1 1 5 * 115
1 0 4 * 108
ao Coast Co—1st g5 e .l9 4 6 J - D 1 0 4 * Sale 1 0 4 * 1 0 4 *
Debenture 5 sof. 1884-1904 M- ft I09*8 a le 1 09 * 109*
107*118*
B ealatered.... 1884-1004 M -ft 1 0 9 * ....... 1 18 * Jan.’ 9W
a c o f Missouri. Set Mo Pac
1 18 * 1 1 3 *
P
mama
l
s
t
s
f
g
4
*
s
Reg deb 5s o f . . . 1889-1904 M----1917
1
0
0
*
8ep.’97
105
A -O
1 0 9 * ......
Debenture g 4s. .1890-1905 J
102
« f subsidy g 0s.. ........1910 M-Ni 100
105 May’ 99
W bhk En d o w J unk 2.
B id.
Low. H igh.
A ik . L ow . H igh.
.....
.....
....
....
.
O
P
....
• No price Friday; these are latest bid and asked this week,
OUTSIDE SECURITIES
(G iv e n -
at
t Due Jan. t Due Jan.
foot of
7
Bid. Ask.
Bid. Ask. 1 T e le x - Ac T e l e p h .
T e l e g . Ac T e le p it.
92
■rts Teieg A Telep.—See Bosto n Ust| Southern A Atlantic........
95
Franklin............................
«*
50
West’ n Union Teieg—N Y Stock
Gold A Stock..................... 110
122 1
Hudson River Telephone
lutematlon Ocean...........
I f andean Telephone—See
New Hng Telep—Stt Best
Northwestern Teletrraph.
S T J N J Telephone___
It 1920.................. MAN
Paul flu A Atlantic............
100
116
215
Bosto
on Hat
115
184
114
- 75
108
72D
nLlst
187
116
80
E le c t r ic C o m p a n ie s .
Allegheny Co Light Co...
Br’dgprt (Ct) El Lt Co.25
Consol Electric Storage..
Eddy Electclo Mfg Co..25
Edison K1 111 Co N Y -N Y
Edison El III Co B rk -N Y
Edison Ore Milling C o....
16S 172
43
48
t 41
45
10
20
t 1 3 * 15
Stock Exota
Btook Krch
10
UDue June.
c o n s e c u t iv e
§ Due May.
7 Due Nov.
pages) .—
E le c t r ic C o m p a n ie s .
East End Electric Light.
Electro-Pneumatic Trans
Fort W ayne Elec. Co. .25
General Electric 0< —N Y
Do pref.—Sti Boston L
H artf’ d(Ct) LtAPowCo2C
Mo Edison Electrlo. . . . . . .
Do preferred...............
Narragan. (P rov)E l Co.5l
New finv (Ct) Hieo Lt Co
Rhode Island Hleo Pro3o,
TEL
a These are option sa ee.
<£ ELECTRIC, do.
Bid. Ask.
E le c t r ic C « 141
Toronto (Can. . Cl.t ‘ o. 140
10U
9 * Tl. jiu HouetVVfc Jig Co.
12
18
8c.
< 98H 9 7 *
BODd<>............
.
Stook Exch Woonsooket ;R T) El Co.. 104 106
let.
128 132
F e r r y C o m p a n ie s .
42
44
9
\ 5
Brooklyn Ferry-Stock ,
97
25
28
Bonds 5s.......... ........... ft 06
110 112
0P
67
0 8 * N J A N Y F e w —Stock.
r 92
U 03 *U5
185
doer sb a r e .
n s u 125
Bid. Aak.
2
40.
June 3, 1899.]
,T H E
BONDS.
■ . Y .S T O C K E X C H A N G E j
WBEK Eb'DINO J c s e 2.
C H R O N IC L E - B O N J
P ric e
F rid a y ,
j J u n e 2.
W eek’ s
/
R ange or
L a s t Sale.
R ange
sin ce
Jan. i .
PRICES (5 pages) P age E
BONDS*
$ts
K .Y . S T O C K e x c h a n
W e e k E n d in g J o k e
g e
I?
Price
F rid a y ,
J u n e 2.
1067
Range
Week’s
sin ce
Jane X.
R a n g e or
L a s t Sale.
P id . A sk . Lota. H igh . No LotOeHighs
- B id . A s k . L o a . H igh i.Yo. \L<no. H igh
F een Co gn 1st g 4 « s . . .1931 J J . n i S
Seeb 4 Boa 1st 5s.......... 1928 .1 - j
1 0 4 * Feb.’08
....... 118 Majr'96 . . . . ,11444 U S
Registered................. 193! J - J .........
Car Cent 1st eon g 4s. 1949 J - j
1135<Star’ 89| . . . . 113J4 11644
Sea 4 B Bdge. S « Bklyn El.
GtdSiSsoo!trustre«. 1937 M -S .........
103 N ov’ QSl . . . .
Sod Bay 4 80 1st g 5 s ... 1934 J - J
P C C A S tL oon g ag 4 «s—
SettesA ......................1940 A - O U S *
102*i l l
1145*118
So Car A Ga 1st g 5s----- 1919 M-N 109 Sale 109
1145< Apr '99
109
S en esB g n a r............ 1942 A -O *118
114 11854 Southern Pacific Co—
11544 May'99
Series C ga sr.............1943 M -N *113
114 A p r ’ 90
Gat Har 4 S A 1st g ds-1910 F - A
113 Nov’ 98
Series D 4s guar.......1945 M -N 10344
110 F eb ’ 99
110 1 U
3d g 7a....................... 1905 J - D
107 D e c '98
100*105
.........
K t t s O t B i3 t I .ls t 7 s .1 9 0 0 t - A
1051410754.
M et A P acdlv 1st g 5a.'81 M -N 1 0 3 * Sale 103
10554 A p r '99
10351
Registered..................1900 F- A
....................I H ou a A T C 1 stW 4 N 7 s .’ 03 J - J
10944 A p r '97
K tts Ft W i C 1st 7s. 1912 J' - J
io7** 1 18 *‘
13954 141
I s t g 5s tot gtd........... 1937 J - J 118 Sale 1 1 2 * IIS
141 Mar'99
* < I7 s ,..,..................... 1912 J - J
111 112
14054 14054
C o n g 8s lo t g t d ......... 1912 A -O
HI
111
14014 Majr'99
_ % S 2 s ........................1912 A-O: 134 138
89 Sale
8 7 * 90
89
80*
G ang 4s tot g td ........1931 A -O
C S t l .i P l s t c o a g 5 s .1 9 S i A -O *118
Morgan's La A T I s t g 8s .’ 20 j - j
IIS 44 A p r'97
1 3 0 * F s b .‘ 9*
Be*istered ......... ....1 9 3 3 A -O . . . . . .
, 110 139 Jan. *90
1*39” 189* ‘
1st 7s......................... 1918 A -O
CJ«r i Pitts co o s f7 s . 1900 M -K * 1 0 4 «
108 108
108 A p r'99
o T T A M e x g n lg t g 4 s.’ 12 A -O
, 103 105 Mar*99
97 105
» e n g a g S asser's A. 1942 J - J [*1*1
Ore 4 Cal 1st gtd g 5s. 1927 J - J
42 7 7 * 86
83 Sale
Series B ........... .. .1 9 4 * A -O i * l it
82*
8
8 A 4 A P a s s l s t g n g 4 s . '4 3 J - j
■ « e i Ptte g o g 8 * e B. 1940 1 - J 100 .......
116 Deo T ex 4 N O 1st 7 s ......1 9 0 5 F - A
100
___
.S er.eec ...................... 1940 J - J
1 0 6 * N ov’ 9
SablnedlT 1st g 9 s ..1912 M- s
10 2
100*
106*
B il# ils t r o * s 4 4 s -1 9 4 1 J - J
11344 Sole U S *
11854 11354
Oon g 5s...................... 1943 J - J 10354 Sale 106
118*
AUe*h Vsi g e n g a g ts. 1942 M -8
109*114*
t is fl
108 Not »®7
B o P o I A r g n litg 8 t.'0 9 -1 0 J -J| 113 . . . . . 1 1 8 *
U 2 ~ 12*
128 A p r’ 90
_ M * 0 Bdgegen g o g 444a ’ 45 IJ - J
8 P o f Cat I s t g 8s.'05-12 A -O
106* 1 06 *
r « i a Bti 1st reel ee g 4s. 19*31M-N
1 0 6 * May’ 90
1st oon guar g 5 s ..l9 S 7 M -N
108 May'97
Oon sterling g Ss.........1905 J - J
106 1 0 9 *
107 May*99
8 ta m p e d _ ....1905-37 M *
90 101
Coo eaiTeoer 8s re*.. .1903 Q -m
1 0 0 * lo O *
A A N W 1st gu g 58.1941 J - J
C--------on g 5s.....................” l91S M -S
8 P Coast 1st gn g 4a . 1937 J - J
_R e*lstered................. 1919,Q
8 P a c o f N M ex 1st g 8 s.*11 J - J
U 3 * Not ’ 98
•Q--S
.1943111-5
1 11 * 09 1 0 8 * 1 1 1 *
Sooth Hy—1st oon g 5 s.. 1994 j - J U 0 * Sale U O *
.......■
1st go g.......
4Us.1M3!*
1933 1I-.N
1 00 * 1 0 6 *
10 6 * M ar’01.
R egistered........ .....1 9 9 4 J - J
1 07 * 1 0 7 *
D » J KH i C'eo gent 4s.
i e 1944 M - 3 ♦118* .
1 07 * Jan.’ 99
Mem Dlv Is tg 4-4)4-5sl998 J - J
1 1 8 * Feb.*99
p B It H i Bee 1st g o i s g.‘3fl ; F- A
R egistered ............... 1996 j - j
100 109**
Sen A Lewis Is tg 4s .1988 |J - J few **!
1 08 * May’ 09
IS Ten reor lien g 4-5S.1933 H - s *108
Peoseoola A At. See 1. A Hash
Registered......... ....1 9 3 8 M -8
r e p Dec A 8 t t t g « . i r re c/S O J -J j
Ala Cen R I s t g 8 s , ...19 1 8 J - J 109
1 1 2 * A u g’ 97
101 M«r*99
99 101
■ raos Dir ls t g » a t r r e e .'l - M -w
6 4 * May‘00
Att 4 Ch A ir l i c e Inc. 1900 A - O
93J4 97
2 d g 3 . tr reo 1st p<t_. 192c M- N [
U 7 117*
80 Dec '9*
117 M ar’ 99
Col A Greenv 1st 5 -«a .l9 l8 J - j
1 0 4 * 105V
£ « > 4 f e e t . Sm C O C A S tL
1 05 * May’ 09
B T Vs 4 Ga 1st 7 a . .. 1900 J - J •105* .
114* 1 17 *
P e o i Pek C o Istg 8s. .1991 q - f : 181
188 A p r ’ 6 9 f .. 126 128
1 1 7 * A p r‘ 09
Divisional g 5s. . . . . . 1930 j - J 117 .
*4 g 444s.,.......... Feb., 1931 M- N 1 100
115 1 1 9 *
... 100 100
1 1 6 * 117
I
Con 1st g o s . . .......... 1958 M-N
K n e Oree* re*g oer8 s. 1933 J - D
124 1 2 4 *
§9 itot**? . . .
1 2 4 * MayT
G a P a e R y I s t g 8 s ....1 9 2 2 .1 - j
llfl a25
J ltU C in A S tL . 8 44 Peon Co.
g d " * * Ohio 1st g » s . 1928 J - J . . . . . . 124* 1 94 * May’ 99
193 1 2 5 *
P 0 C 4 St L. 8 « Peon Ct.
Bleb 4 Dan oon * 6a .1916 J - j U 5 * 126 1 2 6 * May'99
K tts CSsv 4 Toi 1st« «*.. 1922
100 100
1 0 7 * 0 « t .‘ 68
B oatpstnxrnndg Ss.1909 m 8 TOO . . . . . 100 MAr’ 90
F*tta&Cozw*il«T. 3*4 B k Q.
100 110
110
Deb 5s stain p a d ..... 1937 A -O U 0 Sate UO
110 115
JP1U* Ft W k Ch. 344 PtonC o,
1 U Mhy‘99
Virginia Mid gen 5 s ... 1938 M-N
FltU J hoc { f t | 4 i ......... lira* J - J
118*113*
181 Not -98
Gtd s ta m p e d ....... 1938 M-N
l 1 8 * May’ 99
00
04
FUU k L £ rt»—2d g U
1928 A O V
90 Fob.’ 99
S w y .
4<-ni34 F - A
F u u ii c R i y o —u t g a s a /a * J - J 133 .
120 120 *
190 May‘ 99
West N O 1st oon « 6 a l9 1 4 j - j 105
a..................... 1934 J - J [ 1B6* .
.S A N Ala. Ass L A N ,
McKae Jt a V las c 41.1018 J - J 141 .
SpoA FallsANor Istg 8S.1939 J - J
F jtu P k t lat a 5a.......1918 J - J l
90 O ct'9 8
3tat 1.1 Ry 1st go g 454s. 1943 J -D T05 U 0
FfctaSh 4 L IB Ut t 5a . 1940 A -O
1 13 J ajo/9 9
2onb A L ew — 844 P eon BR.
113
. ns
latfpCeol fo ld 5*........1043 J -s i
98 J 'lT '9 7
8yra Btng A N Y . 844 DLA5V.
F ltia 4 W a «t l « f 4a... 1017 J - J
<00 M sjti'J . . . .
r e r A o f 8 t L is t g 4548/39 A - O I lf * •
1 1 1 * D eo’ 98
80* *
98 100
J P M l C i ) oertfa . . . ........
114* 114*
99* «
U5 .
U t oontfoid 3 a 1894-1044 V1 4 * May‘ 09
V9M 47 9854 9»54
F U u 7 Jt Aab U lc o n 8 iiy 0 7 u - a
.......
St L M BgeTer jfQ g 5*. 1030 A -O TOO* .
103 Oou’0
|>eedin«eotf©ng~4*!..19V7 J - J
UO* Terra Haota K3*c liy g 6 * .’ l4 Q-J*
89 8*1*
lots 688
JJ*
fb—
*
R«tfUter*d
1967 J
88J4
3 « * 8 7 * Tax A M O . 344 So Pae Co.
B*n*s<*U«r k ■a; 3*4 D A U.
105 106
TtutAPRy H <llT U t««i,10O 5 M -B 104 . . . . . 1 0 5 * May’ 09
------ oa th By.
100* 110 *
. . ._
| l» t lo M 5#.................. 2000 J - D 1 1 9 * Bale * 13
116
Bio Or W « t lat g 4* . . 1989 J - ,i 100 Sale
4 6 * 56
01
1 0 0 *| 2d aold laa 5*, THq . . .3000 Mch.
5 3 * May‘90
to o
UUh O w l i M g S f 4a. 1017 A-07
55
8854 dale
55* 55*
87* 88*
ISn# treat Co ctJ*..............
55*
I i .rjM
Inns*
t ■» g
..H
As*.'. J1 - !■.
B tii
J oG
C 1st
o *.,g5s. 11989
)j
129
1 02 * 104* i Third A r U t gold 5 a . ...1037 J - J
1 28 * Mny‘ 99
i§ :3 m. ^ s
104 107
Bio Or 80 I s t g 3-4s .......1940 J - J '' V i ” *76* 7 3 * &Ujr’0«
72
7 3 * Tol A O C la tg 5 «..........1033 J - J U 05
106 May’99
Booh 4 puts. 844 B R 4 P.
102 Dec ?08
Waat‘n d ir l a t f 5 * .,.,1 9 83 A -O
Borne Wat. 4 o « s « NT Cent.
General fo ld 5
a
1035 J - D
U a lt L a g e C ls t s s f6 s .*03-13 J - J
...........
Kan A M U tjrn g 4«.,.t00O A -O . . . . . . 88
88
2 U p 4 G U » t g 3 - 3 - 4 , . . l » 4 7 J -J
SO54 83
82
88
83
84
Tol Pao k n latffold 4a. 1017 J - J
si
81
!)1 '8 .4 T 1 L Sm lli.ri.gs Cent
111
T 8 t L k K 0 l i t * 3a tr. 191<l J - D 111 S tic 110
111
f t L 4 Cat 8m Mob A Ohio.
102
9 3 * 102 102
A Dai l a t e * 5a. 1038 J - D
102
U laur
8t L 4 Iron Meant. 8m M P
alon K iir. 8t4 3 i ly o Kler
f t L K 0 4 N. 344 Wabash.
Cn K1 ( C h i l « t * 5 a....1945 A -O
*< CM Br. S M T K R A o fa t L
1 0 8 * Sale 1 0 8 * t09
Ua Pms- K S AS g g 4a. 1947 J - J
104* 1 0 8 *
8t L A S F M * 8s 01 A .. 1906 M - N 118J4......... 11 8 * May*00
lletflatarad....,,, ..,.,1 9 4 7 J - J
112* 115
» * May’ 00
3d gold 6s Class B .,. ., 1906 M- N 11844......... 1 U *
m * 1 1 4 * ! Col H J UK AC Go. $44 Pa RR
3d gold «s Class 0 ....... 1906 M S 113 5 4 ........ 118* M aj'99
Utah Cootral. 8** R io O W
1 1 2 * 115
I s t g 6s P ie rce C 4 0..1 9 1 9 F - A
Utah k .’'forth. 844 Ora 8 L.
General gold 6s. ............. 1931 j . j
13854 Sale u e *
lie *
129 1 26 * Utica k Black R. 34* MY Gent
General gold 5s............1931 j . j
m
*
m
113 bale
107 119
v er VaJ Ind A W. 8*4 Mo P.
1 sttrnstjrotd5s...........1987 A -O
1 00 * iU y '9 0
ICO* 105* > Irflnla Mid. 344 Sooth Ry.
117*
F t 8 A V B B d g Istg 6 s .1910 A - O
l OS O d .9 7
117 U 6 *
Co l a t f 5a,. 1939 71-N
11«X
W ab2dRRgold
100
£ a n s e a M l d l s t g is ...i 9 8 7 j . d
....... I
*08* Sale
5a.. . . . . . .1939 F -A
98
805,
B tL A * F Hit g » s . ..1998 J - J * 88
8954 88 * ” 88*’
Debenture aanea A___ 1039 J - J
88*
89
toathw Dlv I s t g 5a .19 4 7 A - O *11054 101 1 0 0 * May‘91)
33
88*
38
Sertae
B
.
.
.
1
0
3
v
84
Sale
33
98 102
J -J
5 1 1 6*>. 8m Illinois Cent.
0 5 * 111
111 May‘ 00
latg 5a Dai A Ch Kact.. 1 9 4 1 J - J •109
•t L 8 W 1st g 4s bdofs. 19a# M- N 93f4 Sal*
100 * 112 *
9a*
03* 210
6tChaa Bridge U t*d a .1 008 A -O 100
97
uo
Muy‘09
I d g is Inc bond o tfs.. 196# J -.Jl
6354 Sale
S3*
S5K u o
W arranRR. 3*4 Dal L A W
4 $ 57
■t Pan! City Cab, c g 5s . 1#87 J - J 1085* . . . . . l O f * Ma t '90
108 108* W aahU A W . See Southern
Gaaranteed gold 5 s .., 1#87 J - J
1 08 * 1 1 5 *
Weat S T A Pa—U tif 5a. 1097 J - J 1*5 Sale 1I4M 115*
•tPaal 4 Dalath 1st Ss,l 931 r - a la o
54
06*
...
Gao a 8-4a.................... 104a A - O
1*0 Fub *0^
120
05 Bale
fl-iM
«c>*
.
H * 248
“ 8 . . ...........
,.1 # I7 A -O 1 1 a n s
IT 3 SUy’99
119 115
Income 5a....ADrU. 1943 Not . ’ ***' . . . . . . 9 2 * May‘ 99
1st CO * »•........
198# J - I )
101* D O *
102
o t * 100
Weat
No Car.. 8<t
goath Hy.
100 H
I
------- ------—
____________
■ tPaal 8 4 2 14 6 s , ... l l » i » A -O |
la i*
4...,
181 124* Weatero Pao. 3*4 Cant Pac.
Dakota ext gold 8s . , . . 19 to M-HJ
.... t 3-2* U&r'W
132* 1 35 * W C h *0 t4 O .rr l* tc u r6 # ,’2H ni-N
1s t cons.il gold 6s .......1988 J - J ] ' U S 1 4fl* u o
A pr'99
1 3 8 * 140
40-raar cem « 5 a . ...v,.1938 M-N
i l l ! ! ! 09” Dec*07
R egistered................ 1883 J - J
1 3 7 * Feb '00
13 7 * I3 7 * ]j W m Sfi.£a. 3*4 S Y Cent.
Bed need to gold 454« 1#33 j - j * ii& * n o * 119
119
1 13 * t in
W Va A Pitta. 8*4 B k O.
118
. . . . . . W Y a Cant k P l i t * 6a. 1011 J - J
113 Jan.’ 99
j - j ) .................... 1 0 « * Mat -*-!
._ .
108
J -D u o a
....... 108
107*
104* 108* W haallngAL B U t* 5 a .l9 2 6
O io o . . . . . . 107*
104 JaHs'OO
104 104 1 Treat Co oerU flca ie a ........
1 0 6 * A p r ’ 90
*ggK l 2£
132* Jaae'0'i
........ .. ........! Whael DIt lat gold 5a.l929 J - J
08
96 Apr *90
Mont C 1st ga g 6 s .... 1987 j - j
134*134*
Rxten A Imp gold 5 a .. 1080 F - A
02
0 2 * H ar’ 98
1 84 * M ar‘ 99
R egistered................ 1937 j
.
115 A p r’ 07
................... Wnkea k Kaat- 3*4 S T 3 k W
lstg a a rg o ld 5e . . " : i 9s4 j - j
115 F eb ’ 99
113*115
WU A S lo o x F . SaaStP M A M
Winona k St P. S a C i N W
34 N o t ’ 97
1 1 0 *1 1 3*1 Wla Cant Co lat tr g 5a ..1937 J - J
1 1 0 * A p r *90
810 58 " " V i «
78*
EngraTed tmat oertldcabe-.
74 Sale
8
N o % ^ n ia .* :.::!# T t 8
1U>*
6 103
4 * Sale
InoomaSa..
1937
4J4
M.......1940 A -O
w ill A B F Is tg 5 s ... ,193# j . n
! V ie” i a o ’
120 A p r’ 09
Kegistered. . . . , . . 198S J -11
GAS k RLECTRIC LIGHT BON D8.
....... ■«*••••••*•••
• ♦ P A N o rP s c. S M N orP K l
Atlanta G L Co U t g 5a.l947 J - D
S ' S * 9’* 01 I f. Sss O 8t P M4 0
9 1 * O0t.’ 98
Boa U Gaa tr ctfa a f g 5 «, .’ 30 J - J
118K is o "
05 106* Bkljrn U Gaa lat o o n g 5 a .,’45 M -N
120
S s’ s i T . 4 £ b 1“ I
1943 M -H 105 107 1 0 6 * Ms7’ 99
UO 120
S £ £ £ ■ £ ■ . « " 30 I’ ae. Co.
C h G L A C O o. Sm P G A O C .)
I '* » f l « . f « 5 . . , . 1 9 1 9 J - J
1 0 0 * Oct.’ 97
Colambaa Gaa U t g 5 a .. 1089 J - J
8« v r 4 W 1st oon * 8s. 1934 A -O 127
1 0 4 * Out-’ 97
Con Gaa Co. Set P G k 0 Go
Is tg 5s................. ....... 1934 A -O
101
ii*4” rn ii Detroit City Ga* g 5 a., . .1 ft»5i 4 - J 1 0 0 * 101 101
113 H a r‘99
IS?’4
8e»oto va,[ 4 N k . sss Nor 4HW
__________
Tf
(
05 101
Apr ’ 99
***» Gaa Co con 1at g 5», . 1918
. . . . . . . . . . . 101
lsa
ssg
“ •Mo Pries Friday; iatast bid and astad this week,
O U T S ID E
S E C U R IT IE S
y t r r y C a w y a n le t.
W X k B B Fernr—St/xik
Bonds 5» o f 1932.MAN
Hoboken—Stock
l i t 5*...............
Con. 5a
F T k 8 B Tran* k Ferry
Bond* 5* o f 1908 MAN
l M f e f t f M 8?# Ferry.......
lat mnrt 5« 1919...JAD
Union Ferry —gtock. . . . . .
lat 5* 1 2 2 0 .,,.....M A N
i Bayer pay* aocraed
fP rloe per nhare.
Btd. A*k.
70
4 98
99
50
52
118 114
94
95*
t IWa in n a . "tDiia July,
(G iv e s
at
foot
i^llacel Ian e o n * . Par.
Amalgarn'd C oppcrfw . 1.)
Anser A ir P w o f N 1 . 100
ktoenc’ n Ajc®A T ool. 100
Amer Bank Note C o ...50
A n ericas Beet S ogar....
26
30
P re fe r re d ..... ............ .
91
I 87
Am Car A Foundry—He*
92
90
Preferred—9** Stock K
1104 106
Am er. Ceram el—Com m o n
89 !
3'
P r e f e r r e d ... ... ... ... ...
«iot 1 0 8 * Aroer Preen Aaaoc’n. .100
Inters St.
American S c r e w .,,,.,250
Am Bod a Form—Com . 100
of
Bid.
92
76
20
f 48
32
BO
Stk Ex
xcbge
54
v8
102
t .........
5
7
Aak,
95
7S>4
31
52
34
83
Mat
Hat
60
100
104
200
7
i li a a M arohr' 1 Das Jam - 1 B ond sd aa Mot.
c o n s e c o t iv b
p a g e s ) .—
iH la c e lln n e o o e . Par.
Am. So. f tn .U t prof. 100
3d preferred.......... .100
Araer Smelt A Refl’g—See
Preferred—Set Stock E
Amer Steel H oop—S«r3to
American Surety.......,50
Am T yp efo’re—Stock. 100
AmerSewing M achine..5
Amer Straw b o a rd .... 100
Bond* Os............... .FA A
Amor. Woo|on aaba........
Amer Wriuger com ,..10O
P ref................. .
Bid.
49
10
Ask.
01
12
Stk E X list.
xoh L lat.
ck Ex. List.
282*
5-4
50
t
»
87
1 03 *
106
117
aThoae ore optton salaa.
FERRY
09
107
di
M I S C E L L ’ S.
M lw e lln t ir n a a . P'tr,
Amer Graphopnuue.. „it>
Preferred .................1 0
Anderson (John) Tob.100
Antomatlo V eu d ln g ...l0
Barney k 8m C a r Common...................100
Preferred. . . . . . . . . . . 100
6* 1942 .................. JAJ
Bergn k Bing Br—See Phi
Bid. Aak
t 1 8 * 14
t 13&
10
\lK
4
t 2*
25
22
00
95
105 108
L HallOS
Blackwell'a D w h T ob.25 t 18
20
Bllaa Company-rCom. .50 t 87
06
Pn-ferrad ................. 50 4 a u es
THE
1068
C H R O N I C L E .—BOND
exch an ge
N. Y . S T O C K E X C H A N G E
W e e k E n d in g J u n e 2.
; 5|
[ Ksdi.no J unk 2.
PI Valley Coal l s t g 0a.. 1920
Procter A Gamb let g ba.. ’ 40
8t L Ter Guppies Station A
Prop Co lstg 4 % s 5-20 yr’ 17
8 Vuba Wat Co oon g 6a. . ’ 23
8p Val Wat Worka lat 0a.’ 00
Stan Rope A T 1at g 0 s.. 1946
Income g 5a..................1.940
8un Ck Coal 1st g a f 0S..1912
TeunCoal T D tv l s t g 0a. 1917
Blrm Dlv lat con 0 a .. .1917
Cah C M Co lat gu g 0a..’ 22
Do Bar 0 A IC o g u g 0a. ’ 10
U 8 Enrol Co Is ts fg B a 1918
U S Loath Co a f deb g 0a.’ 13
Weat Union deb 7a. .1875-00
Registered.......... 1875-1900
Debenture 7a.. . 1884-1900
Registered.......1884-1900
Col trust cur 5s...........1938
Mut Un Tel a f ’d 0 s . ..1911
Northwestern Tel 7 a ...,*04
Wh L K A P C Co lat g 5s.’ 19
■d K! Ill l . t e on . « S«. .1910
l i t oon i 5 * ... ... ... ..1 9 9 8
Brooklyn 1 .1 * 5 .........1940
JUateMreO.................. .
l .t con f «•.............. 1939
■a GM LN Y lrtO ougS*.. 39
S q Q I 1'ael. S « P i l * C C o .
Ann Kloo Co dab g 8 s ... 1922
Qr !U pG L C o 1 st* S t.. 1918
K O Mo D u Co 1st * 8*. 199*
Lno Ota-1.Coof Ut L ist* Os lo
email bonds................. 1919
Mnt r u t! Oat Co 8w PoopOat
P to O at AO l i t *a * 8s.. 1904
ad *td * 6 t..................1904
lat oontol * 8s..............1943
Stranding g St............ 1947
Registered............... .1947
Oh G-I. * Cke l . t *n * 3 . 37
Oon O Co o l Chlttgn g Si’ 36
|q Q S f Ch ltt g u g flt . 08
Mn Fnsl Oat ltt gn * 3.1947
W attn Oaa Co col tr g St...'33
U. 8.
U 3 2a
U S 3a
U S 3a
U S 4a
U S 4a
U S 4a
U 8 4s
U S 5s
U S 5s
I41BCBL.LANKOU8 BON
a dams Kx—Col trg 4S.1948
A m Got Oil deb * 8 s ... 1000
A m Ok A Imp 8s. 3 « C e n » J
A m gpirtUMfg 1st g « 8 .1918!
TJar ASCarCo 1st g «s.l9 4 2
t i k ’n W A W H lstgS s.1948
S csT C IA U .
O abOoalMln.
hlo Jc A 8tTd col * 38.1915
Non-cuni. Incomes Ss.lM07
Olaarf Bit Coal. S w N Y C A H
Col C A I 1st con g 9 s... 1900
O olC A I D eTC ogng8s..l909
Coupon off................ .
Ool Enel Co gen gold 8s. 1919
Ool F A lC o gen s f g S s . 1943
Oom Cable Co ls t g 4 s...239.
GOV. SECURITIES,
registered. . . . Optional
registered............1918
coupon .. ,,, .,. ..1 9 1 8
registered.. . . . . . . 1907
c o u p o n ....,.........1907
registered.......... .1925
c o u p o n ....,.........1925
registered. . . . . . . . 1904
c o u p o n ....,.......,1904
STATE SECURITIES.
Alabama—Class A 4 to 5.1900
Small............................
Class B 5a.................... ,1900
Class C 4s.......................1906
Currency funding 4s...1920
Dlst o f Columbia—3*0 5s. 1924
Louisiana—New con 4S..1914
S m a ll.........................
Missouri—Funding. ..1894-95
Nortn Car—Consol 4a. ..1910
S m a ll..,...........................
0a.................................... 1919
So Carolina—4%a 20-40.1933
Tenn—New settlem’t 3s. 1913
M-N
J-J
M
OUTSIDE SEC U R IT IES
M is e r lla n r o u e . Par. Bid. Ask
Bond A Mort Guar... 100 sac
eo
80
Cartcr-Crume—Pref. .100
80
91 |
Celluloid Co................. 100
Cent America Tr’natLIOO
1 |
%
13
15 !
Cent Flrew'rks—Com. 100
59
02
P referred.............. ..100
45 1
Ghateaugay OreA Ir 6a 15' 35
10
17k
Cbee A O Grain El—Inc.
05
75
4a..
Cheaebrough Mfg Co. 100 340 345
100
Claflln (H 6 )-l at pref. 100
2d preferred............ 100 90
Common—Set Stock Kx list.
75
78k
Clark Mile End Thr'd.100
Collin* Co................... .100 n o
55
Consolld Car Heating. 100 50
4
Consol Firew' ks-Com. 100
65
70
P referred................. 100
Con Kan C Smelt A R ef.25 t 27%
21
Consol Rolling Stock. 100
20
Cont. Tobac. Co—See 8toc k Ex. Hat.
85
Cramps' 8h A En Bldg. 100 75
Diamond Match Co. ..100 150% •51
15
20
Electric Boat.............
40
Preferred.......................
Electric Vehicle—See Phi 1 lint.
115 120
Preferred
80
Eppens 8m A W lom.,100
110
Eastman Kodak C o...100 too
Brie A Western Trans.50 t 37% BSk
Fidelity A Casualty.. .100 250
Fidelity A Dep (B a lt)..60 t207 210
80
40
General Carrla/e Co . . . .
German Am Real Eat. 100 28
oodyoar Shoe Machine r I n * 50
100
Gorham Mfg Co-Com.100
120
Preferred................. 100 114
Great Falls Ice............ 100 145 100
05
Hartford Carpet Co. .100
80
32
Havana Commercial
07
08
Preferred...............
54
56
Heck Jone»-J Mlll-Pf.100
90 100
1st 6s 1922............MAS
Her'g-Hall-Mar(aast p'd).
8
0
10
Preferred laast p’d) 100
18
110
Hoboken Land A lmp't
105
6 s ..............................
90
95
International Klevat. 100
International Navlg.,100 102 105
Internal. Paper—See St’k Exch Hat.
Bonds 6s.......................
.12
118
80
International Power.......
H4
25
20
Internet MPump—Com .
63
04
Preferred......... .
Internet Silver—See 8tk. Exch. Mat.
63
70
Do
do
pref.
Do
do bonds. 1100% iu i k
Iron 8 tea m b oat....... 100
«k
vk
6« 1901.........
JAJ
50
00
John B Stetson—Com. 100 75 .........
Preferred................. 100 115
Jonrneay A Burnham. 100
9
Preferred...........
100
25
35
Kent) Dtftllr-s A War nse
13% 15
Preferred............. .....
5fl
57
Knlokerb’ r Ice(Chlc)-*Sce St Ex List.
Knlckerb Ioe—Bonds 6 a..
100
Lawyers’ Surety........ 10C 105
102
J
(G iv e s
■ 120
120
. . . . 97
25% Sale
J -D
A-OI
J - J
109)4
J -D
F - A 104)4 Bale
j-jir
M -N
M -N
M-N
M-N
M-N
J - J 117)4......
M-N
J - J
J -J
Bid |Ask
145 155
100 110
85
90
120 125
5
25
35
t 20
t 60
IOC* 107k
105
90 100
t 41%
List.
45
7S
so
25
48
50
73
73«
150
National Wall Paper. 100 70
80
N. E. Elec. Vch.Trans.. . .
9
10
50
N Y Biscuit. 0s 1911. MAS 115 118
New Jer Zinc A Iron.. 100 124
130
N Y Air Brake—See N Y 8 tock E
N. Y. El Veh. Transp.100
21
21%
Nicholson File Co........ 50 t 25
Nicaragua Construct. 100
10
Otia Elevator—Com........
83
35
Preferred...... ...............
03% 90
109 112
Peck, Stow A W ilcox ..25 t 22
Pegamoid, p r e f.......1 0 0
38
40
Penn. Water—Com.. .. 50
Phil A Wll Steamboat.50
Planters’ C mpress ........
Pneumatic Gun Car’ge. 10
Pratt A Whltn—Com.. 100
Preferred................100
Pressed Steel Car—See St
Preferred—See Stock E
Procter A Gamble___100
Republic Iron A Steol___
P re fe r re d .....................
R.I. Perkins Horse 8h. 100
P referred............... 100
Roy Bak Pow pf ...........
Rubber Goods M fg..........
Preferred........................
Russell A Erwin...........25
Safety Car Heat A Lt.100
Schwarzchild A Sulzb.100
Semet-Solvay deb 5s.......
Simmons H ’rdw-Com. 100
Preferred.................100
Singer Mfg Co............100
Standard Oil............... 100
Stan. Dlst. A Die.—See Sto
Stand Und’rg’d Cable.100
Sloes IASlst 0s 1917.KAA
Southern Cotton OIL. .50
8tat Ial R T let Oa’ ISAAO
2d 5s 1926...............JAJ
Stillw-Bierce A 8m-V.100
1st 6s........................... .
t 5
0
t 66
70%
125 140
t *31
*30
8
4%
40
50
ockEx
xoh. 11
85t 375
255
17
18
59
0 «k
25
71
97% 98%
20
78% 80
t 05
130 145
40
42
101 103
140 145
125 130
490 520
455 457
ck Kx. List.
200
104
t 54%
107
95
90
98
101
1108 109
105
105
103% May’99
110
127 .
104% .
95 .
35%
96
100
116 119i*
107% 107%
119
110
112% 110
102 % 102 %
May’ 99
May’ 99
113
105
108
104
*104
101% 110%
101 m 3
104%
J- J
100 .
100 .
118)4 .
110%
90%
35
110
110
107% May’ 99
105 M ar’ 98
102% May’
see s e v e n th v a
J -J
J- J
J -J
F -A
J - J
84%
23%
90
25%
( For daily record
....
m 100
109% Sale
109% Sale
-J-t U 2 % U 2%
i-J t 113% Sale
Q- F 130)4 131%
Q- F 181 Sale
Q - F 112% 118
Q - F L12% 113
q-
110
112
receding.')
99
99%
100% 109%
100% 109%
111 118
112% 114%
128 130%
128 131
111% 113%
l l l g 118%
99 Feb.’ 99
109% 109%
109% 109*
112% May’ 99
113% 114%
130% May’ 99
130** 131
112% May’ 99
112% 112%
113
A ug’ 98
Sep.’ 98
N ov’ 98
118 N ov’ 98
110 A p r ’ 99
109% Feb.’ 99
108% 110
109% 109%
108
A p r ’ 99
108
128
Feb.’98
97
95
85
A p r’ 99
Feb ’ 99
May’ 99
8%
108
98% 98
95
95
82% 87
20
02
71
02% May’ 99
03
04
63 A p r ’ 99
100% Sale 100
96 1 0 0 *
100% 461
98 102%
102% Sale '01%
102% 565
06
90% 96%
96% 50 9 % 90%
80% 89%
88% 89
88 %
88 % 20
102% Sale 102% 102% \9r 100 % 102 %
97
98
98)4
97
98
85 92
86% 86% 86%
106 85% 88
87
85% 85%
87
86% 87 85
94% S le
94% 303 93% 94
7 Due August. aThese are option aale».
AT FOOT OF 7 CON’SE C U TIY E P A G E S ).— ■BANKS
.
M is c e lla n e o u s . Par.
Lawyers’ Title Ina... .100
Liberty Silk Mills...... 100
Preferred.................100
Lorlllard (P )—P ref...100
Madison Sq G— 8tock.l00
2d 0a 1919........... MAN
Maine S S...................... 50
Merch A Miners’ S 3... .50
Mich-P Car lat5a’42MAS
Minneapolis Brew lat 7a.
Mosler Safe C o ... ... . 100
Monongahela W ater...25
Nat Biscuit—See Stock Ex
National Casket Co. ..100
Nat’l Gram ophone.... 100
National Saw—P ref.. 100
National Sait...................
Preferred............. .
F e b ’ 97
85%
24%
104
L ow H igh
15 120 ” 120**
120 ”
101
M- S
F -A
R ange
sin ce
J a n . 1.
W eek’ s
R ange or
L a st Sale.
A sk. L ow . H igh N o.
B id .
J -D
J- J
l_ /« ! a H Can. Sr« RR bonds
J - J
Dst MAM Id gr 3%e 8 A.1911
J-J
Jtrte T A T ooltr g a f 5s... 1926
J-J
Or Rlv Coal A C lat g 08.1019
A- O
Hack Wat Reor lat g 5a. 1926
J - J
Hand B Co lat a t g 6a...1931
J- J
Hoboken L A I.g 5a.......1910
J -J
11 Steel Co deb 5 b.......1910
1 Non-conv deben 5a... 1913
Virginia fund debt 2-3s.l991 J - J
R egistered.......... ............
J -J
fo n Steamboat Co 6a... 1901
0s deferred ce rtfs..........
Inr’ l Paper Co lit con g 6a.’ 18
Jeff A Clear C & 1 lat g 5a 1926
UNLISTED BONDS.
2 d g 5 a ........................... 1926
Atch Col A Pac 0s tr c t fs ..,.
Kalok Ice (Chic) lstg Ba.1928
et T A T lat a f g 5a.l918
Atoh J Co A W est 0s tr ctfa.
B A O pr lien 3)48 (w i ) . 1925
Registered ............. 1918
lat mort 4s (when isa).1948
Mich Pen Car Co lat g 5e.’42
So. West. div. S%*. (w. 1.)..
Mnt Cn Tel Co. See Wn Dn.
at Starch M fgColatg0a’ 2O
Cen.P>tc.M.3%a (when iss’d).
N wpt News SAD D 5a.l990
la tm tg (when issued)........
j r ^ N J Tel gen g5acy.*20
Metr W S El (C hid ist4a 1938
T A OntLand lstgfla.1910
St L I M A So new 30 y 4s (w i)
Mo Weatn Teleg. See Weat.Un.
3ou.Pac.col.tr. 4s (when is i.)
WM Co a
SSfl-1 ft
Wise Ce ' 1st 4s (w i)
—
No price Friday; these are latest bid and asked this week, t Due July * Due May. SDue April, i Bonds due Januar j
..........
[V ol. LXVIII.
P ric e
F rid a y ,
J u n e 2.
BONDS.
BONDS.
T .8 T O C K
PRICES (5 pages) P age 5.
M lH ce lln n e o n s. Par. Bui
As >.
Suaq Coal 0a 1911....J& J 120% 122
Tennessee C o p p e r ..,,..,.
1 9 k 20
Term Wareh—Stock.. 100
7
12
lBt 0 8 . ... ,......................
70
Texas A Pacific Coal. 100
60
70
lat 0a 1908............AAO $107%
Title Guar A Trust. ..100 800 380
Trenton Pott—Com.. 100
7
14
P referred. . ........... 100
40
is5
Trow Directory-New. 100
45
00
Union Steel A Chain. . . . .
20
27%
Preferred ......................
8 0 k 87k
& M ISCELL’ S.
lllla c e lln n e o u g . Par.
Union Switch A S;gaa..o0
P re fe rre d ................,,5 0
Union Typewr—Com. 100
1st preferred............ 100
2d p referred ...........100
U 8 Glass—Comm on..100
P referred..................100
U S Projectile C o........100
U.S. P neum .H oraeColi..l
Wagner Palace C ar... 100
Westingh A ir B ra k e ...50
WlaconCentral i s —See St
B an k s.
Bid. Ask.
B anka.
Bid. Ask.
Broker*’ Qu otati
Brokers’ Qu otati
N. Y. CITY.
Merch ,Excn. 120
America*.. .. 405
Merchants’ .. 174
Am E x e h .... *176
Metropolis*..
Astor . . . . . . . . 400
Mt Morris*.. 825
Bowery*....... 290
Mutual*........ 130
Broadway.... 2 3 ’*
Nassau*........ 150
Butch’s&Dr.. 17
New Amst.*.. 400
C entral........ 180
NewYork Co. 1500
Chase........... 400
N Y Nat Ex.. 115
Chatham . . . . 310 325
New Y o rk .... 245 255
Chemical...... 4100 4250 19th Ward*.. 100
Citizens'....... 142
Ninth............ 90
95
C it y .............. 1800
North Amer. 180
Colonial*. . . . 200
Oriental*. . . .
Columbia*... 100
P a cific* .,,,., 17*6’ *
Com m erce... 225
Park............. 525
Continental . 128
Peoples’ * __
Corn Exch*.. *370
P h e m x ........ *110 114
East R iver.. 135
Plaza*........... 400
11th Ward*. 100
Prod Exch*.. 120
Fifth A v e * .. 3v01
Republic . . . . 180
F if t h .......
220
R iverside*... 190
First.........
2750
Seaboard___ 220
First (St Isl)
S econ d ......... 550
145
14th Street*.
105
Seventh........ 160
180
Fourth .. .
Shoe A L e’th 100
Franklin..
State* . . . . ..
G allatin....... 310
State o f NY* 120 130
Gansevoort*.
12th Ward*.. 125
Garfield........ 12)0
23d W ard*... 100
German Am* 115
Union........... 300
German Ex*. 24 J
Union Sq*.... 210
Germania*.., 37 i
Weat Side*.. 300
Greenwich*.. 100
W estern....... 200
H am ilton*.. 125
Yorkvllle*.. 200
H anover.... 790
Hide A L ’ ath 120
BR’ KLYN.
H o m e * ..,,... ICO
B edford*.. .. 215
Imp A Trad. 585
Broadway*. . 190 200
Irving . . . . .. 100
Brooklyn* ... 100 130
Leather Mfr. 200
8th W ard*...
95
L ib erty...
200
5th A v e * .... 104 107
750
L in coln ...
First............. 320
Manhattan*. 240
Ger A m er*.. 90 100
Market A Ful 230 240
Hamilton*... 105
Mechanics’ .. 205%
Kings Co*.... 100
*
Meoh A Tra*
Manufact’rs. 200
Mercantile .. 185
Mechanics*.. *212
• Banka marked with a asterisk (*) are State banka
$ Purchaser also payB accrued interest.
* Sale at Stock Exchange or at auotion this week
Ask.
41
01 %
20
116
113 118
32% 33
85%
80
90 10C
t
%
178 i s i *
t225 226
ockE x list.
Bid.
t 40
t 01
22
112
B an k s.
Brokers’ Qu otati ons.
Mech A Tra*. 250 260
Nassau . . . . . . 280
Nat City...... 330 345
North Side*.. 160
175
People’ s * __ 190 195
Scherm’rh’n* 140
150
17th Ward*. 105 115
Sprague . . . . . 2 0 0
20th Ward*.. 140
145
Union*.......... 120
W allabout*.. 105
T r u s t C o s.
N. Y. CITY.
Am Dep A L.
Atlantic T r ., 200
Central Tr’ st. 1975 2015
City T ru st... 350
Colonial...... 410 435**
Consolidat’ d.
Continental. 300
Farm Ln ATr 1450
*
Fifth A ve Tr 350
Guaranty Tr 0 0 0
050*
Knick’rb’ck’r 300
Manhattan.. 220
Mercantile .. 875
Metropolitan 370
N Y L I A Tr 1450
N Y Sec A Tr 450
North Amer.
Produce Ex. 240*’
*
Real Est T r’t 300 325
StandardTr’t 220
State T rust.. 385
Union Trust. 1350 1450
U S Mtg A Tr. 450 485
Unit. States.. 1575 1025
Washington 300
BR’KLYN .
Brooklyn Tr. 405
Franklin....... 303
Hamilton... . 265
Kings C o....
L Isi L A Tr. 2o’u**
Manufacture. 290
Nassau . . . . . . 172
People’ s___
Willi msb’gh 2 0 0 **
t P rice per there.
THE CHRONICLE.
Ju>'E 3, 1809
B oston ,
P h ila d e lo h ia
and
B a ltim o r e
3 T S ba re P r lc e # -N o t P e r C en tu m
T u esda y,
M ay 30.
•........ 280
108 108H
•238 ........
• i - a M .........
12944 13096
•*51 152*
•130 131
•34
•14
110
Si n
........
S 8*
110
•|3
35H
, , ..
:
*
• *s< * m
1 6 i. 7**4
• .......309
«3H
&7H
10
2Sr4 39
17
i2
7*H
«M
IS *
38
•.........
97H
10M
1-18
17
43
74T4
ill*
18 Vi
3*h
03
8 48
148
117
•J50
S3
830
19*4
03
31
343
151
117
........
85
t»30
SO
0J
03
H ii
S ln
•40
•48*4
13H
.......
to n
M ii
»k
4 H4
.......
13H
Hi
*»k
an,
100
44
100
4*
S
>
z
o
it
J5
2
J3
r
at
o
259
108
•23S
x i3 2
U7M
ite x
•130
259 •250
109
105
. . . . . . 240
183
183
120*4
130
149
131 *139
34
44Kr
S->a
* il*
*84
91
•38
23'd
13
•02
4644
•■75H
34
•34
35
44)*
45
45M
59
59
5S5t
117
U 5 118
36
91
00
25
23>< a i
12
12
13
......... •91
95
47
iSH is -.,
7554 75i» 7 3 *
209 •— .. .» 0 S
•
si
83
83H
93
-7H V7H
10)4 m
y 15-10
-iu < ;« a j 5-i#
!I H *t»M l » X
4 •, 8S>4 i l
73*4 74
74 H 75
40*4 4154 40(4 (04*
tw » h .
1*44 1 0 R
3 8 !. 37.H 304* 3 Mi
9i
93
Ol'k v i
W0S4
5 Hi
9-4
as
4Js* 48*4
13R 14
145 1*5
J*W ‘ tS
33
23M
1574 153.4
43
44
*
200
108
240
183
123
149
131
•aft
97H
10
as 7 ! 6
l#H
341 3 (3
1391* U7M
U 0H N 7
300 300
m
84)4
i7»o m o
l - H 1»H
0?
03
SO* 53Si
n ii
iji
•49
00
•04U .......
* *idsmd Mked price*. no sale was
i\
si
IN A C T I V E S T O C K S
RAILROADS,—/V ices
A t TOP 4 8 re-.fB oetilO O
A ll A Charlotte i Balt) 100
Bo* A Mam# of, t Boat) 10C
BoftSon A Prov. 44 to o
OaVwiftu «? p? i Phil) 50
C a tra l i U u -. 1Bo«S i 00
P r e f.,,........... 44 100
Central O hio,,, suit) so
Chi* A W Mich. Boat) 100
Phil) 100
Goan A Panaum Bo*t)100
Conn RHr^r... , 44 100
Congo! T r Pitt*4!(Phil) 30
50
P re f?....... »«* 44
Flint At Fere M. B eet)100
44 100
Pref........... .
€)4rmaat‘ n Pax*{ Phil) 50
44
50
so
P r e f..........
H a st A Broad T
so
P r e f . . . . . ....... ••
50
I C F t 8 * M . ( Bo*S) 100
P r e f..
“
to o
Lrtile Schayik.i Phil) 50
U ,in « r.r.rrsl Boet)10«
Jlinehili A S H . iPhii) 50
P x a n e h on 'g v . 44
30
W*w England. .(B>>«t)100
P r e f............. . 44 100
V o n h Penn — .P bli) 50
Pail A l n * „ »
44
50
Phil Germ A N,
30
United N J .......
100
United T r o f P.
50
P r e f. . . . . . . . . . •
50
Wmx End pref.(B oet) so
West Jer 4 8 A (Phil 1 30
West N Y 4 Pa
**
SO
W lsoon Central ( Beet) 100
P r e f.. . . . . . . . . "
100
W ot Nash 4 K. 44 100
MISCELLANEOUS.
AUone* Mlnlcgf Boat) 35
Am R y * 1 (Phil)
Arnold Mining. (Bo*t) 35
Ash Bed Mtn'g. 44
35
Atlantic Mln’g. 44
35
Bel tie M ining.. 44
35
Bay State Gas?. (Boat) 30
BergABng br’ w (Phij) 100
P r e f. . . . . . . . . . 44 100
Boston Eleo U (Boat) 100
Boston L a n d ... 44
10
Cambria Iron ..(P h il) 50
Canton Co------- ( Balt) 100
Gentee Mining. ( Bos*) 35
Daylight Priam- Phil > 50
Domin Co** p f .< Boat >100
Edison El Tlf.
44 100
W ee Co o f Am?. <Phil > 50
Elect Vehicle*. 44 100
g leo t /Ma C om !? "
60
Franklin M ln'g.(Bost) 33
Benerai Elect.. ** 100
P r e f----- ,r 100
Gen El A uto-M i( Phil) 50.
J n tB n tH 4 8 M (B osi) 10
lela Boyale ?.. . "
33
Afa/eden pref? (Phil) 100
ttergeothaJ « r , . ( Boat >100
Me* Telephone ”
10,
No Asa G bredg 4‘
|0:
W ed nesd ay T h u rsd a y,
M ay 31.
J u n e 1.
iv
4W
55
f
M on d a y,
M ay 29.
B
S a tu rd a y,
M a y 27.
iii
*9
05
S to ck
P r ic e s ,
330
tawM
118
300
65
770
!»
•it
30
130
3 tO
U4M
117
300
77
7 s0
I»4t
83
51
130
93
y&
55*4
41
41
43
41
ISM 14
*........ 145
34)4 39
23
23M
150)4 157)4
42
4ii
• in
m
49
4tf
*33 ........
( L-tWMt U
E xch a n g es— A
A C T IV E
F r id a y ,
J u n e 2.
1 0 o 9
D a ily
STOCKS.
H Indicates unlisted.
980
107
240
183
12954
H SU
130
| B id .
S T O C K S B O N O S f B id 1AAk
BONOS
H ot i on -C oncluded.
M ISC * L U -O o& ei uded.
N TAN Eng U t?a * 0 5 J 4 J 1 1 18 *
10?4 11
25
■
V*H
Iff
81
80 1 latm ort •$«.. .1 0 0 3 JAJ U i a *
Oeceola Mining.
25
95
23
STU 58 |l
BOO
10
#100
lSv,
Rutland 1st 8 s ..’ 02
36
Paris Else Veb1| Phil) 5c
34 5 s-........1 8 9 8 KAA 1101
U
16
P re f?................ 44 50 ...... . . . . .
Tocrtngton 1st 5* 1918.
00
75
Penney* S a lt.,,
44
50 113
iio .i,
42
74
76
Penney 1 Steel?,
44
23
27
P r e f? .,.......... •» 100
fin
157**[
Gold i s , ...,,1 9 1 8 MAN $100
Pullman'# Pal..(Boat) 100 I f f
100
151 j i s . . . . . ...........1917 FA A
Quincy Mining.
44 25 150
270 275
Reac t Button*.
*• 10
.
29 U
Bontla—B a ltim o re
Rhode 1*1 M ill..
44 35 * 0*
« 3 )(
AtJ 4 Ch 1st 7s-1907 J4J ! 1*1S4
18
Santa Yuabel G
44
5
u «
Tamarack Min.
44 35, 808
100
64
Tarringtoa 44A ’* 44 85
113
ue
P re f,...* ........... 44 *5
Bait Fund* 5 s .l9 i« MAN
Un Cop L 4 M g
44 *3
tt)4
75 . . . . . . Un Shoe Mach..
Exchange 3^9.193014J 114
44 25
Balt A Ohio 4s g. 1935 AAO
P r e f...,, . . . .
44 33
8tat Is) 2*1 5 g. 1938 JAJ
3»H 40
•*»»,» s iw Utah Mining...
44 4-Si
12
0
. . . J BaltAP l atrtsuj 1191.........
Water P ow «r..
44 ...»
80
50
1st 3* tunnel 1911..JAJ
Wain bach Com? <Phil) 100
5«
Ba) Tree 1st 5s. 1929MAN i u » i
Pref ?
44 100
103 •r#*O*j- Wettm rel Coal
44 50 51
SH ........ Winona Mining (Boat) 35
1(
1<H
63
44
Wolverine Mm,
44 35; 43
i'o iii
35
Cape FA Ysr A 8g. 19 18J4D
Wollaston L d,
**
„,**•*,
B o n d * - B s iiio o .
I .........
loa u ;
103
i t
i m B .i l T .I U .1808 JAJ i.108
ft 02M i o « j Cent Ohio 4 ^ a g .*30 MAS
22
A TA8 F # en *
AAOIJIO*'*
CeutraJ By 8*,..1912 JAJ !
82ie'
Adjustment g 4 «.. 1995 1
* 82
HA*
**
Consol 5 s ... . 1932 MAN
375 2
8 4 M 3d Is?«.‘ 03-07 MAN - ., ,
i l114
ll
Beetoa Terra"! 8)**.. 1947U
Ext A Imp 3s.?932MA8
. . . . . i.
Bos UnGas 1st 5 ».43S>JAJ j1 00
90
on
pom Chas City Ry 1st 5s ’ 33JAJ ; t o f f i
00
2d M 5s.......,,1039 JAJ 1 « l
CharlCAA ext5«.iH i0J4J 1 110
n * H 117
Chesap Gas 8 s.. 1900 JAD 104Ji
004*
Bark Mo R lr ex ’ pt 3».J AJ ,1
. ,1
8 1 Non-exempt On.'I S JAJ 1105
CityASub ls t5 s .l V32JAD
$105
■05
Plain U .......... 1910JAJ I 100
CoI4Gruvlst5-8.1917J4J 119
*10!
Consol Gas 8 s ..1910 JAD 118
Ch Bur A N 1st 3*.'28 AAO J i o s v 100
102
5 s ..,..............1930 JAD
2d M 0*........ 1918 JAD I 101
id
Ga A Ala 1stpf5s1945A AO tod**
Ch Bar A Q U , 1922 FA A I 100
GaCarA N1»t5s g. 1929 J AJ 108)*
Iowa D1v 4s. 1919 AAO J toi
8M
«»«
GeorglaPlst3-8s 1922JAJ
s 3 Chicago June 5*. 19 IS JAJ 1114 115
GaSoAFU lst5s.1945J.AJ i o d v
94
l l i tiM Ch 4 No M gu 5 s.’81 MAN I 93
99)4 KnoxvTrac 1*t5s ’ 28 AAO 1 0 ,).
Chi A W M gen 5s.*21 JAD j 09
27
94
27U Con. o f Varrn't 5*.M 3 J4J i 93
Lake R E! lstgn5s’42MAS
70
Curr't Riv 1at 5*.'27 AAO
Metat( Wash Hat 5*’85FA
37k 39
1
9H
New
Orl Gas 1st 5s... Var
J*
85*'
DO
R
A
W
l§
ti*
.'4
0
A
4
0
•K
Do min Coal l*tds.a13MA3 111
111 H Norfolk St 1st 5 s ’ 44. JAJ .........
East’n l i t M 0* g.'OH MAS 118
NorthCent4H*.1025AAO
loiisi
8s 1900............. ...A A O
Ft ElkAM V l*t 8a'33 end 137
*5 *'
0 sg old 1900 . . . . . . . JAJ iO *k
CnsVp’ d 1st 8 a. "S3 AAO 187
s«i
0s 1904..................... JAJ
uh
tllin Steel conr5s.*10JAJ 105 lOO"
83
Series A 5§ 1920— JAJ
Debenture 5*. 1913 A 4 f) 101W
33H 3344 S C 0 4 ft 1st 5s g.'25 AAO
70
Bertas B 5s 1928....JAJ
♦35
K C Ft SAG ls t fs -408JAD
Oh lo A M1st7 3 D l«0 3 MAN 10 4 a
99
Pitt Un Trao 5s. 1997 JAJ
K C F 3AMMB 5*.'29 M4 N 97
92
90
K 0 M A B 1st 4s.."34 MAS
PotomVal 1st 5«. 1841 JAJ 104 "
15 W .
Income 5 s . . . . . . . .......... . i . . . . 42
SecAvTn(Pitts)5a’ 34JAD 110
K C 4 M RyAB 5s.’ 29 A AO 100
Bav Fla A West 5s ’ 34 AAO
Beab A Roan 5*. 1926 JAJ iT oQ
K C S tJ o A C B 7s.*07 J 4.1 120
70H
12H 30
T J ok elR y 4 EiecIncome.
Lams’ n SCreS 5s.*09 MAS
L Rock A F 3 1st 7s.405 J A ) 1071* i o T
VirgM ld 1st 8s. 1908 M4B
2d series 8s.. 1911 MAS 118
L BA3t L I at 8a g.’ 2 « AAO *110
.....
3d series 8 s ..1918 MAS 117
3d M 5-8 *,...1936 AAO 4 .......
4th serr 3-4-5*. 1921 MAS
Mar H A Dot 8s...’25 AAO 1115
Mex Cent U g-.1911 JA-J i 71
5th series 5s. 1928 MAS 110
88
20*' Va (State) 8s new.’ 32JAJ
18
1st ooo Ino 3s g non*oum
8 5^
Fund debt2-3s. 1991 JAJ
3d ooft Ino 5s oon-cura..
na
New gng Tele 8s.'99 AAO $100
VaATeun 2d 5s.1900 JAJ
8s..........
8 s ..................1907 AAO
...1 9 0 0 JAJ
Y e a r ly
R e co rd .
Sales
o f the B a n g e o f S a les in 1 89 9
W eek,
S h a res
L ow est,
H igh est.
R a ilr o a d S to c k s.
Boston «fc A lb a n y .. . . . . . .....( B o s t o n ) ..
“
Boston E levated.. . . ................
Boston & L ow ell....... ...............
“
Boston & Marne— . . . . . . . . . .
"
Chic. B oltI. & Quincy..........
“
Chic. Junc. & Un. Stock Yds.
44
P r e f e r r e d ..............
“
Chic. Milwaukee Jc St. Paul. (P h lla .' ..
•34
34)j Choctaw Oklahoma 4 G o l f ..
“
P r e fe r r e d ...................
'*
• n -t 45
59*. 59)* ConaoL Traction o f N. J .? . . .
"
115
Fitchburg, p r e f .... . . . . . . . ...(B o s t o n )..
♦34
33 Ga. Southern & Florida........ (Balt.)
*9 i
9U4
1st preferred,......................
“
•58
80
2d preferred........
“
»3 H 24 Lehigh Valley .................... (P hlla.) ,.,
12
13 Mexican Central.............. . (B oston) . .
♦93
93 Northern Central. . . . . . . . . . . . (Balt.) ...
47
475. Northern Pacific
(Phlla.) ...
•755. 751* P referred.................................
“
808 208 ,
Oregon Short L in e ............
“
*03
83). Pennsylvania................ .— (P h lla .)..
97 k 98 Philadelphia Tract t o n . . . . . . .
44
10 Beading Company...................
**
44
* s « •a** 1st preferred... . . . . . . . . . . . .
17
17^
2d p re fe rr e d .........................
“
3J-H 4 Oik
73
744
P referred...........................
‘ H u s ; Union Traction . . . . , ........ (P h lla .)..
10*4 I Si, United Hr Jc Klee. Co.(w. U (B alt.) ..
38-4; Preferred (when leaned)..
*38
44
92
92 West End S treet... . . . . . . . . . .(B o sto n )..
l l U c e ll n u r o u * S lo c k * .
S35 335 |American Bell Telephone.. .(B o sto n ).,
143 U 8M American Sugar Banning?..
“
Preferred 5 . . . . . . . . . . . 44
U 014M 7
“
,,
315 330 I Boston 4 Montana...........
70
74 B utte4 B o s t o n ......................
“
7 70 780 Calumet A HecU - . . . . . . . . . . .
“
Cambria Steel i f ISO paid) (P h lla .)..
1»N
03
0 3:4' Consolidated G a s , ( B a l t . ) ..
50 * 521* Dominion C o a l............. .
.(B o sto n )..
125 I id
Electric Storage Battery l .. (P h lla )..
10OU 143 1 P r e f e r r e d ? . . . . , . . , . , . . , . . . .
“
B oston) ..
93 -i o a * Erie Telephone.
53
Federal S t e e l . . . ............
44
40)4 4 i
*43
434 1-ehlgbCo.o! 4 Navigation... (Phlla.) ..
44
h h Marsden Company ? . . . ,
143 New England T elep h on e... ..(B o s to n ).
*141
8.) * 39 )Oid Dominion Copper ?»..,♦.
44 . ,
2714 2 3 4 P a Mfg. Light 4 Power? . . . iP h lla.)..
44
15A)4 13» (Jutted Ga* im provem ent?..
4*H <3 United Slate* O il...* ,..........( B o sto n )..
*5 1
52 WeisbaOh L i g h t ? .,. .., - . . . . . (Phlla.)
West End L a n d ..............
(B oston )..
»
49 Wasting!}. Electric 4 M fg ...
•48
44
00
*03
Preferred...............................
“
ex dividend
300
100
340
183
127?4
UTU
*138
and
.1 0 0
.100
.100
.100
.100
.100
.100
.100
. 50
. 50
.100
.1 0 0
.100
.100
. 50
.100
. 50
.100
.100
.100
.100
.
.
.
.
.
50
50
50
50
50
.100
.100
. 50
. 50
215 Mar.
260 May 1
809* Jan. 4 116% May 1
227 Jan. 9 340 Apr. 27
170 Jan. 4 191 May 8
124)* Jan. 4 14916 Feb. 18
139)2 Jan. 3
IS
124 Jan. 12 131 May 10
120V4 Jan. 3 13194 Feb. 18
33 391* Jan. 3 37 K Mar. 28
211 t85t Jan. 14 4SH Mar. 29
3.390 57 May 20 8l>6 Jan. 12
134 107 Jan. 8 123 Mar. 22
35 Mar. 82 38 Feb. 1
10 91 May 31 95)6 Jan. 23
83 Jan. 11 70 Jan. 37
2,230 23Jk Jane 1 30 Mar. 9
052
5~u Jan. 7 1 7 * Apr. 27
••••* 90 Jan. 21 95 Feb. 0
s .so o 42k Jan. 7 5 5 * Feb. 15
80 75W June 1 8 1 4 Jan. 20
1 198 Jan. 4 212 May 17
40M .Mar. 1 1 4 6 « Jan. 2H
3,720 01 Jan. 3 70 Jan. 23
1,017 9 414 Jan. 3 99 Mar. 9
4.318
Mt Mas- 13 1344 J an. 24
4.001 25 13-ItU an. 7 34 Mar. 23
1,831 13 7- 10Jan 0 18H Mar. 23
1,803 3 8^ June 1
■ 21
1,802 72)4 June 1 81 Jan- 23
18,557 3S4i Jan. 7 41*1 Apr. 20
1.788 l« & May 17 8 8 H Feb. ‘21
4 3 1 8ftv* May 10 45 Feb. 31
138 90 Jan- 3 9 5 * Apr. 29
697
65,001
109
1,462
0.010
385
8,105
•341
.1 0 0
.1 0 0 14.514
.1 0 0
1,135
.100
230
.1 0 0
331
.100
9,950
908
. 25
. 50
35t
.1 0 0
3,180
.1 0 0
4
. 25 13,858
. 50
3.493
2,441
. 50
. 25
5,903
5
. 5
50
. 25
. 50
80
10
. 50
.1 0 0
.100
.10U
. 25
. 25
. 25
7
78
1,002
33
33
15,339
275
273 Jan.
1 idH JanHOW Jan.
232 Jail35 June
035 Jan.
1JM Jan.
00 May
33 Jan5$t* Jan.
0-4H Jan.
7SH Jan.
-SHU Fob.
38 h Jan.
39H Jan.
0?i Jan.
133 Jan.
34-V4 Juno
01H May
137)4 Jan.
3rt Jan
30 VisFob.
lk , Jan,
39 Jan.
55 May
380 Feb.
IH0 dar.
122 Mar.
398 Apr.
Apr.
1 108
0 895 Fob.
7 2444 Mar.
17 71)* Mur.
3 S3 Apr.
10 194 Apr.
1 193 Apr.
3 luO Feb.
8 7 4U Apr.
3 45 May
8 15)* Mar.
12 2834 Apr.
1 154 Fob.
1 5316 Apr.
21 335 < Apr.
5 175 Apr.
» 55 Mar.
10 0Oy Apr.
D* Feb.
6
•4 5244 Feb.
31 05 Apr.
3
4
10
7
14
20
30
25
2S
21
32
18
B
5
88
14
3
23
89
6
28
2.".
0
0
30
8
18
34
5
Ask.!
Bid. } A s k '
119
114
97
15
115 118
1 1 8 * 119
10.
lOd”
1 tsk
.....
114
105
107M
.....
.....
110 ”
105
.......
.....
••««
V ex
.....
....
::::
BONDS
B a l t i m o r e —Conciu’d
! Woat N C oon 8#. 191-1 JAJ
WMtV*CAPl«tflft.4llJ A J
WU A Weld 6a.. 1985 JAJ
H o n d a — P h i l a d e lp h ia
AUCIty 1st 3i g..’ 19 MAN 112(4
100^
Balls Tar 1st 5s. 19 28 JAD
B BoroGas lstSe/SSMAS 102 108
Cambria Iron 8s.1917.JAJ 108
Catawtuaa M 7a. 1900 KAA 105)4
Che*AD Con 1st5»C 18 JAJ
Choc Okla A G prior Ilen da
General 5 s .. . . 1919 JAJ 107
CUVSl Ry (Ind)cou 5s.‘33 105
Colcrn BtKy 1st con 5a.’ 32 1 0 ' H
C on T ra cof NJ 1st 5s..*33 IN H
Del A B ilk lst7 ».'0 5 FAA 119
KaftAA 1st M 5*.’ 20 MAN NOW
Edison Elec 5s stk tretfs
BQecA Peop's Tr stk tx ctfa
EltnAWllm 1st 8s.’ 10 JAJ 125
Income 5s. . . . 2882 AAO 109 .........
Kq 111 «ii»-L 1st g 5s. 1028
Heaton v M 4 F <x.« 5e.’24 110
H 4 B Top con 5s.*25 A v » 1 0 7 « 108
Internal Nav 8 b. . . , . 1900
99 101
K C Sub B 1st 8a..’ 20 JAD
05
08(4
K C P A G lst5 s..'2 3 AAO
Lehigh Nav 4^ b. . 'U Q-.J l l l l i
HU 4 sg .........1914 Q-F 107
Consol 7s.......1911 JAD
107(4
Gan M 4 t t« g ..l9 £ 4 Q -F
! Leh ?"C ’ I 1st 5s g."33 JAJ
Leh Va! ext 4s.. 1948 JAD 114” n 'd ”
2d 7*.............. 1010 M 48 130
Consol 8s.......1923 JAD 118(4
Annuity 0s........ ...J A D 118 120
New’ k Oon Gas 5s '48 J AD 1 «7 «
Newark Pass cou 5g,103O IIH(.
No Penn l» t 4 s ..’38 MAN 117
Gen M 7s.........1903 JAJ n « «
Penn gan 8s r ... 1910 Var 130
Consol 08 0 . , . , 1905 Var 118
.......
Consol 5s r . . . . 1919 Var
Pa A N Y Can 7a..*06 JAD 122
Cons 5a.........1939 AAO 107
92
90
Cons i f .........1939 AAO
Penn Steel lst5«.*17 MAN
People’s Tr tr certs 4a.’43 109
Porkiom latser5s.'18 Q-.J
Phlla Elec gold trust ctfs 100(4
,, ,,
PhAEr gen M 5g.'20 AAO 120
Gen M 4s g..H )20 AAO 109
Pli A Read 2d 6h.‘ 33 AAO 120
Consol M 7a.. 1911 .JAD i s i
.....
Coo M 8s g ... 1911.JAD
Ext imp M 4»g.’47 AAO 105
Con M o f *82 4a.’ 37 JAJ 105
Terminal 5s g.1041 Q-F 1*0(4
P W il A Balt 48.1917 AAO
non
ColJat trust 4s. 1921 JAJ 111
Pitta CA8tL 7 s.l«0 0 FAA 108H
Read Co gen 4s, 1007 JAJ
89X 8 0 *
Rochester Ry con 5a. 1930 108
SekREBidelftSs g ’ 35J A D 112
Scran Trac 1at 8s '32M AN
Union T enn’ t t ft 5a.FAA
Uni ted N J 4a.. 1044 MAS 120
UnTracPitt*gen5a497JAJ 114
I And Interestt$l*50 paid.
•Price Includes overdue ooupo □ft.
[V ol. LXVIII
THE CHRONICLE,
1070
L a tes t G ross E a rn in g s.
R o ad s.
lu xrestm en t
AMD
JR ailrhad In te llig e n c e .
RAILROAD EARNINGS.
The following table shows the gross earnings of every
KKA.M railroad From whioh regular weekly or monthly returns
■ a n be obtained. T h e first two oolumns of figures give the
■roes earnings for the latest week or month, and the last two
•olumns the earnings for the period from January 1 to and
tnoluding suoh latest week or month,
The returns o f the street railways are brought together sep
arately on a subsequent page._________
Latsst e r o s s g a m in g s .
B om
W eekorX o
1899.
1898.
Ja n . 1 to L a test D a te
1899.
8
51,622
679,880
197,108
1 898.
#
S
I
6 4 ,1 1 4
19,008
16,291
a d lr o n d a o k ----- M aroli.......
6 5 7 ,5 9 1
30,2 90
34.666
A la . G t. S outh. 3d wk May
195,947
59,607
70,338
M
arch.......
A la. M idland..
A la . N. O. A T ex Pao. Jn n o.
5 4 4 ,8 4 7
4 9 9 ,7 2 6
22,000
27.000
H o n . A N . K Istw
■ kM ay
.
250,503
2 5 2 ,5 8 1
9 .0 0 0
10.000
A la . A Vtoksb la tw k M a y
2
3
3
,5
9
2
2 5 0 ,28 8
7
.0
0
0
8,0001
V l0k a .8h .A P la tw k M a y
9
14
,74
2
;
832 .55 0
249,363: 223 ,10 5
A lleg h en y V al. A p r i l . . . . . .
616,6481
5 8 7 ,76 3
25,851
27,226;
Ann A r b o r ......... |3d w k May
32,801
3 5,1 70
11,217
14,179
Ark .M ld land .. [Maroh.....
A toh . T . AS. Fe. !A p r il......... 3,235,20013,212,989 1 2,7 85 ,1 0 6 12,498,368
554,261
4
24 ,12 0
145,738
197,03
Atlanta A Char j.Maroh.....
113,987
"1 05,446
27,4 52
30,008
A tl.K n o x .A N o A p r il.........
153,9
9
155
,05
9
48,1 96
57,344
Atlanta A W. P M a rch .......
159,214
162 ,68 7
159,214
162 ,68 7
A tl.C a tL ln e 8.C {J a n u a ry ...
2
1
6
.3
2
4
2
01,997
11,117
16,634
A tla n .A D a n v . [la tw k M a y
30,909
33,143
9 ,147
9,746.
A ustin A N ’ wea M
“ aroh__
2,3 7 0,11 8 2 ,454,788 8 ,8 5 9,29 6 8,7 7 3,46 3
B alt. A O h io ... A p r il----2,4
0
0,20
9
2,6
5
79 0 6
122,625
145,073
Id
wk
M
ay
Bal. A O. Son’ w
5,585
5,526
2 ,072
2,090
B ath A H am ’ nd M aroh
7 ,5 1 0
9 ,3 1 1
2,449
1,555
Blr. A A tla n tio A pril
146,393
[
143
,58 2
48,463
4 5 ,8 8 0
Brnnaw 'kAW eei [M a r o h .....
78,902
71,8 75 1 ,474,695 1,3 7 8,47 2
Buff. R och .A P itt| 3 d w k May
229 ,90 7
172,588
60,480
50,058
B uffalo A Snsq. [A p r il..
77,904
78,511 1 ,559,614 1,4 3 9,11 3
Bur.O. R a p .A N !2d w k M ay
OanadlanPacltl, 13d wk M ay
5 29 ,0 0 511,00t 9,5 2 7,93 3 8 ,7 2 3,91 0
7 6 ,3 5 7 1 7 5 ,5 2 0 2 ,1 1 1,14 0 1 ,989,072
O en t-olG eorgia |3d w k M a y
61,342
49,7 09
C entral N. E . . . M a r c h ...
1,142,384
913 ,81 5 4 .3 5 0,14 0 3,7 3 8,44 8
Central o f rt. J. [A p r il. . . .
1,296,462 1 ,1 3 7 ,6 :6 3,4 7 6,89 3 3 ,2 5 1,61 2
C entral P a cific [M a rch ...
2 03 ,91 4
213 ,25 6
83,641
63,5 30
0harleat’n A 8 a f M a r c h ...
70,787
72,<98
7 0,7 8 7 '
72.0 98
Chae'n A W .Car [ i a n u a ry ...
26044
26,005
1,331
1,469
C h atian’ ga S o. 3 d w k M ay
229,962 212,911 4,3 2 3,89 6 4 ,4 2 2,19 6
Ohee. A O hio___3d w k M a y
Ohio. Bur. A Q .. A p r il......... 3 .2 4 9 ,8 6 2 ,3 ,2 5 5,3 66 12,890,781 13,1 07 .2 0 4
9 3 ,0 4 6
88,141 1 ,753,130 1 ,597,121
Ohio. A H ast.lil 3d w k M ay
9 9 ,9 6 4
97,604 2 ,202,067; 1,982,946
Ohio. O t. W eat’ r 3 d w k M ay
7 2 ,6 7 3
59,807 1 ,2 6 9,64 5 ' 1 ,165,897
Ohio. In d . & L . 3d w k M a y
6 6 7 ,09 6 630,996 13,583,466! 12,147,529
Chlc.MU.A Ht.P 3d w k M ay
Ohio. A N’ th w 'n A p ril.......... 2 ,853,015 2,711,698 11,526,846; 10,911,963
279 ,41 0
299,903
71,691!
72,211
O h lc.P eo.A S t.L A p r il.........
O h lc.R 'k X .& P M a rch ____ 1 ,663,830 1,647,644 4,7 0 5,23 5 4 ,772,499
-------651,346 598,064 2 ,997,746 2,451,608
Ohlo.8t,P.M .AO A p r il........
461,917
26,137
“24,7
“ 32
4 4 5 ,3 9 0
O h lo.T er.T r.R R d w k M a y
783.552
38,708
31,3 48
6 58,079
Ohio. A W . M ich 3d w k M ay
*533,50
*19,286
O h oo .O k .* G u ll la tw k M a y
*10,835
*495,863
19,230
5,300
4,96b
17,418
d n .G .A P o r t e ’ U A pril
364,470
0 1 n .N .O .A T .P A p r il.........
320,561 1,414,502 1 ,313,651
C ln .P orta.& V lr A p r i l .........
22,355
88,275
25,906
8 1 ,0 c4
18,53*
341,807
C lev. A k . A Col [3d wk May
18,690
3 1 7 ,1 5 0
56,336
C lev.C an. & S o. -A p r il.........
214,511
57,047
210,463
G l.C ln.C h .& 8t.l 3«1 w k May 256,462 260,734 5,149,016| 5 ,298,938
151,324
587,100!
607 ,26 6
P e o . & Eaat'n A p ril
157,847
630,729
29,325
Ol.Lor.tfe W heel 3 d w k M ay
27,833
570 .14 7
455,973
OoL M id la n d ... A p r i l ........
1 14 ,*98
127,022
5 2 1 ,45 0
1,294,570
65,4 00
C o lo ra d o <fc8o.. 2d w k May
290,837
C ol. Banii’ y A H 3d w k M ay
15,364
18,85*
277,921
3,500
850
C olu sa & L ake. M a roh .......
1,250
4,650
C rystal................ JM arch
1,213
3,309
1,493
3 ,8 0 0
183.177
OurabM’ d V a lle 1 March
70,110
69.42b!
194.387
148,300 3,387,972 2 ,9 3 7,98 6
D e n v .A K lo Gr 3d w k M ay 173,500
D et.G .K a p .A W 3d w k May
27,524
30.945
562,618
550 ,64 5
D eL A Macklna* M a rch ........
60,656
164,061
55,454
129,555
751.055
D u lu th S.B.AAt 3d w k M ay
45,4 58
41,6 14
621 661
jB ^ lnJol.& E ast A p r il.........
566,283
121,37
111,513
508,4 13
A p r il......... 2 ,6 9 3, 30 2,604,544 10,164,^68 9 ,9 4 0,37 0
A tlA':
A4,844
QAA
E ureka S p r in g M arch
4,647
12.690
12,112
120,900
Evans.&In<l’ p lb 3»i wk M ai
6 695
5 ,8 1 1
112,815
lCvanav. <te T. II 3d wk May
26,094
466,585
25,6 60
4 5 8 ,52 9
Find. Ft-W .& W M a rch .......
8,244
23,695
6.915
18,83 4
F lin t A P .M an j 3d wk May
58,4 08
49,67*- 1 ,239,726 1.118,022
F la.C ent.A Fen ‘2 d wk May
53,372
990,251
61,770
975,471
Ft. W 'thA D enA 3d
.............
32,4*24
545,559
w k M ay
32,8 56
512,755
F t. W. A R io Gr 13 d w k M a y
6,421
183,749
5 ,'t 9 4
188,666
2.582
Gad*. A A tt. U A p r il.........
685641
2,485
G eorgia H R----- 3 a wk May
25.4*20
23,885
631,733
614 ,40 3
80.214
G eorgia & A la
A p r il.........
385.056
82,7 66
403 ,58 9
G eo. 3o. A Fla
74,381
A p r i l .........
68,429
297 ,13 0
306.665
Hr. Han. A Lnd 3d w k May
39.8011
34,836
869,213
7 66,762
Uln.R.& Ft.W 3d w k May
9,009,
7,954
176,379
166,416
F raverse City 3d w k M ay
18.039
8674
15,372
M os.G . R. A I 3d w k M ay |
42,011
2 ,728
2,296
44,1 14
T ot all lin es [3d w k M ay
52,401
;45,827 1 ,105,701
992 ,66 3
G r.T r’ nk Byst’ ni 3d w k M ay 469 ,23 8
4 4 9 ,4 8 3 9 ,261,873 8,9 1 3,08 0
Ohio. A Gr. T r 2d w k M ay
6 1,93
72,9 94 1 ,489,203 1 ,3 7 /.2 8 3
D eL G r.H .A M 2d w k M a y
16,4 30 j
309 ,87 5
16.079
3 2 0 ,89 4
G reat N orth’ n Bt. P . M. A M A p r il......... '1,481,513 1,416,149 5,280,291 4,9 1 0,57 5
E ast o f M inn. A p r i l .........
165,323
120,553
698 ,90 0
421 ,86 7
596,845
M on ta n a Cent A p r il......... I 1 0 8 ,2 0 2 1 184,737
6 77,795
T ot-aystem IApril
1 ,765,038 1,721,439 6 .576,036 6 ,010,237
4,403
105,677
6 ,040
€Flf B’ m ntA K .C 3d w k May
61,621
4,515
4 ,439
G u lf C h ica go A p r il.........
17,694
18,670
191,903
8 8 4 ,2 -,7
229 ,39 1
H ook in g V alley, j A p r il.___ _
808 ,90 6
Q lit
4,137
H oo«.T u n .A W ll D ecem ber.
54,507
54,689
2 5 3 ,94 7
H oa a .A T e x .O ec A p r il.........
252^008 1W,177,208
-.
1 ,096,329
Illin o is C entral A p r il......... 12157977 ♦2 1 1 9 3 9 0 19,176,356 ♦8,8 5 7,27 7
39,551
ln d . Deo. A W est J a n u a r y ...
35,101
39,551
35,1 00
93.089
7 8 ,9 3 5 1 2 54 ,77 8
ln d -1 11. A Io w a . M a rch ........
239,991
LruAGt-Nortli'n lid wk M ay
59,8 50 1,3 6 9,15 5 1,389,7 02
61,790
73,2 00
6«,200| 1,4*18,600 1,2 3 5.51 0
U n teroc. (M ex. W kMay 13.
34,7 69
Io w a C e n tra l.. 3d wk M ay
42,005
752 ,51 1
6 82,737
4,532
Iron R a ilw a y . . . IA pril
4 ,0 5 8'
17,374
17,092
W eek o r Mo
1899.
1898,
J a n . 1 to L a te s t D ais.
1 899.
1898,
S
8
$
$
1 0 0 ,1 0 9
9 5 ,9 4 4
34,1 93
33.4 98
J a ck . T. A K . V» March.....
2 0 3 ,9 5 7
2 38 ,21 1
10,537
12.195
K a n a w ’ a A M ice 3d wk May
80,7 60 1 ,7 2 8 ,7 3 5 1 ,8 4 6 ,1 8 5
7 8 ,8 2 2
K.C.F. S co tt AM 3d wk May
5 4 3 .6 6
6 0 6 ,9 6 4
29.4 68
2 7 .1 9 6
K .C .M e m .A B lr. 3d wk May
1 2 2 ,5 2 9
97,0 47
2 6 .3 6 3
23.235
K an. C. N . W .,.. April.......
8 4 ,9 4 5
102,200
4 ,7 0 5
4 ,8 1 2
K an. C ity & Ora. 3d wk May
1
,2
2 2 ,5 8 2
1
,4
0
2
,3
2
4
5
4
,0
0
1
7 5 ,3 0 7
K. O. Pitta. A G . 3d wk May
1 7 3 ,6 2 4
2 0 9 ,5 7 8
8 ,785
9 ,797
K a n .C .S u b .B e lt 3d wkMay
1
,3
0
2 ,1 4 3
1
,2
7
6
,6
7
3
6
5
,4
1
4
6 9 ,0 7 0
L . E rle A W est.. 3d wk May
1 14 ,03 6
1 53 ,57 6
2 7 ,3 3 0
3 4.5 70
L eh igh A H u d .. April.......
5
,5
3
7 ,7 1 4
5
,7
9
1
,2
0
4
1,366,271
L eh igh V a l. R R . April....... 1 ,491,693
7 6 4 ,0 7 6 5 ,2 6 3 ,4 1 3 4 ,2 4 9 ,3 9 7
Leh. V . C oal Co. April....... 9 3 0 ,42 8
6
9 ,0 3 8
6
7
,1
2
9
1
8,5
40
2 1,1 00
L e x ’ gton & E a st. April.......
9 9 1 ,6 2 3
2 8 3 ,9 1 0 1 ,0 2 4 ,0 6 7
3 1 5 ,0 9 2
L o n g ls la n d R R . April......
1
,0
3
1 ,2 7 9
1
,0
6
2
,7
5
1
2 9 7 ,9 8 9
L o n g Is. System . April....... 3 3 3 ,5 3 9
2 5 ,9 0 4
3 0 ,7 9 4
5 ,5 7 0
8,996
L o s A n g. T e r m .. April.......
5
7
0
,0 4 4
595,4 97
2 7 ,4 3 6
3 1 ,6 6 0
L on is.E v.A 8 t.L - 3d wk May
1 8 3 ,7 0 2
2 0 7 .2 3 1
8 ,9 9 4
11,858
L on. H. A St. L .. 3d wk May
4 3 7 ,4 3 5 8 ,9 3 6 ,9 8 9 8 ,4 7 3 ,6 9 4
L ou lsv.A N a sh v. 3d wkMay 4 7 2 ,3 4 0
1 9 ,5 9 6
19.9 11
3 ,3 1 3
3 ,9 0 2
M acon A B irin . April......
3 4 ,8 9 9
2 8 ,6 3 9
10,2 98
6 ,8 5 5
M an istd q n e----- April.......
5
,2
1
9 ,6 7 6
5
,6
6
2
,7
2
7
2
4
9
,7
6
5
2
7
5
,0
1
6
3d
wk
May
tM e x ica n C ent..
2 8 3 ,8 1 2 1 ,5 3 2 ,2 8 9 1 ,1 2 3 ,5 3 8
3 6 5 ,3 5 9
M e x io a n In te F l. April,
2
,3
2
0 ,7 9 4
2
,6
2
6
,6
2
0
1
09
,37
1
1
39
,73
9
3dwk
May
tM ex. N ation a l
1 2 8 ,6 4 2
2 2 2 ,3 3 6
4 6 ,6 1 9
73,6 21
M ex. N o rth e rn -. March.....
1
,5
5
6 ,2 0 0
1
,7
1
4
,6
0
0
8
1
,2
0
0
7
8.4
00
tM exioa n R ’ wav WkMayl3.
2 5 7 ,1 2 3
2 9 3 ,0 5 2
1 2 .8 1 0
1 6 ,1 4 0
M e x io a n S o........ 2d wk May
7
7
4
.3 8 5
9
0
6
,1
5
8
4
2
.1
1
5
4
7
,8
5
0
Mill neap. & St. L. 3d wk May
7 2 ,6 4 9 1 ,3 7 7 ,7 3 1 1 ,4 0 6 ,4 8 4
7 8 ,5 i 1
M.
St-P.&S.St.M
.
3d wkMay
4
,0
5
6
,6 6 8
4
,0
5
3
,9
0
7
1
64
,18
3
1
7
3
,1
0
7
M o .K m i . A T e x . 3d wk May
4 2 1 .0 0 0 9 ,5 6 3 ,5 5 1 9 ,7 0 2 ,8 0 9
M o.P ao.A Iron M 3d wk May 4 4 6 ,0 0 0
5
0
7
,2 6 2
4
0
8
,3
7
7
26,00<>
2
0
,0
0
0
C en tra l B r’ oh. 3d wk May
4 4 7 .0 0 0 9 ,9 7 1 ,9 2 8 1 0 ,2 1 0 ,0 7 1
T o t a l . . .......... 3dwk May 4 6 6 .0 0 "
1
5
1
,1 7 0
1
4
2
,4
3
8
4
,9
4
3
7
.6
6
0
M ob ile A B ir m .. 3d wkMay
3 1 8 ,8 7 1 1 .5 9 2 .0 0 0 1 ,4 0 7 ,9 9 1
3 9 9 ,70 0
M ob ile A O h io .. April.....
5
1
6
,9 2 0
4
1
0
,4
9
4
1
1
8
,7
6
4
98.5
56
M o n t-A M e x .G ’ f. April.....
468 ,52 2
4 2 8 ,8 6 5 1 ,9 0 6 ,9 6 0 1 ,7 8 7 ,3 9 5
N a sh .C h -A 8 t.L . April.....
1
1
,1
71
4
,6
6
9
3
,7
7
0
1
,5
5
0
N eva d a C en tral. March__
N. Y .C . & H . R .. April..... . 3 ,6 3 0,20 4 3 ,7 7 9 ,2 0 6 1 4 ,4 6 5 ,0 0 8 1 4 ,3 2 2 ,4 6 5
1
,3
2
4
,0
52
1
,6
5
5
,1
9
0
6
2
,9
0
6
86.171
N. Y . O n t, & W .. 3d wk May
6 7 7 .3 8 5
7 4 8 ,3 5 3
1 6 4 ,8 4 3
N. Y . Susq. A W April....... 1 8 0 ,48 0
4
,4
1
2
,0
10
4
,6
1
0
,9
6
6
2
3
5
,6
0
1
N o rfo lk <&W est. 3dwk May 2 9 2 ,1 4 4
6 4 ,8 1 9
7 1 ,5 6 5
1 3 ,7 2 2
1 7 ,3 6 6
N orth’ n A la . R y. April.....
1
4
,5
39
1
2
,6
5
5
7 ,9 8 3
5 ,772
N orthes’ n (G a .). February
4 8 1 ,0 0 2 2 ,0 0 7 ,6 2 7 2 ,0 1 2 ,8 2 7
4 9 7 ,6 0 2
N o rth 'n c e n t r a l April.....
8
,4
5
5
,2
3
3
8
,5
5
2
,0
7
7
4 8 8 ,2 6 1
N orth ’n P aollio. 3d wkMay 4 4 7 .00 8
3 2 8 ,5 9 1
3 5 9 ,2 9 1
2 1 ,4 2 0
23,3 89
O h io R iv e r ......... 3dwk May
6
2
,3
2
3
7 5,2 58
6 2 ,3 2 3
75,2 58
O hio S o u th e rn .. January...
1 5 0 ,2 6 8 2 ,3 3 5 ,5 0 6 2 ,5 5 3 ,3 3 3
O re g.R R .& N a v 3d wk May 156 ,84 2
5 1 4 ,2 9 7 2 ,2 0 3 ,6 6 8 1 ,8 9 7 ,8 3 7
6 2 6 ,9 3 3
O r eg. Sh. L in e .. April.
6 2 2 ,7 0 7 1 ,0 8 6 ,1 8 5 1 ,4 0 4 ,0 3 6
4 0 1 .2 6 9
Pao. C oast C o .. March.....
9 3 0 ,4 7 9 1 ,0 5 6 ,6 0 6
3 6 7 ,6 3 2
3 0 8 ,6 2 4
P a cific M ail—
March
Pennsylvania^. April....... 5 ,6 6 1 ,3 7 2 5 ,3 5 8 .1 7 2 2 1 ,3 6 3 ,3 0 9 2 0 ,7 1 5 ,1 0 9
3 0 0 ,5 8 3
2 9 8 ,4 9 7
13,6 97
14.5 57
P e oria D ec.& E v 3dwk May
7 9 0 ,5 1 9
8 6 0 ,8 1 9
2 8 3 ,8 7 3
P hil a. & E r ie .. Mar^h.....
3 37 ,47 3
P h ila .& R e a d ... April....... 1 ,8 4 5,26 7 1.6 3 4.61 9 7 ,0 9 0 ,2 2 7 6 ,5 8 2 ,8 6 1
1 ,4 7 1,34 4 1 ,545,001 7 ,6 3 7 ,5 b 0 6 ,1 2 8 ,7 1 7
C oal A Ir. C o. April....
T o t. b o th C o’ s. April....... 3 ,3 1 6,61 1 3 .1 7 9 .6 2 0 1 4 ,7 2 7 ,8 0 7 1 2 ,7 1 1 ,5 7 8
Phil. W ilm . A B. April__
8 3 8 .9 13 7 9 5 ,4 7 3 3 ,0 1 8 ,1 3 6 2 ,8 7 9 ,5 3 6
Pitts. O. C. & St. L. April__
1,2 9 8,09 1 1 ,268,315 5 ,3 0 5 ,1 3 0 5 ,1 0 6 ,0 7 7
1 5 ,3 6 5
1 4 ,0 8 3
3 ,3 7 7
P itts .L isb .A Wn April__
3,218
3 4 7 ,4 5 7
3 4 0 ,5 5 3
1 9 ,8 6 0
P itts .B e s.A L .E , 3dwk May
30,9 98
6 0 4 ,9 9 4
6 5 9 ,5 1 3
3 5 ,0 0 3
P itts. A W e s ’ n .. 3d wk May
3 8 ,3 6 3
3 9 0 ,0 1 9
3 2 8 ,5 2 3
2 2,9 71
P itts. O l.& T ol. 3d wk May
1 5 ,5 9 9
1 1 5 ,5 0 5
1 2 7 ,0 0 7
8 ,3 6 4
P itts. P a . A F . 3d wk May
7 ,4 2 5
T o ta l system 3d wkMay
6 6 ,3 3 8 1 ,1 2 1 ,6 8 0 1 ,1 1 7 ,5 7 9
6 1 ,3 8 7
8 2 .3 7 2
7
6
,6
7
6
82,3
72
P lt t s b .Y o .& A ., January...
76,6 76
1 7 7 ,8 0 4
1 9 2 ,92 7
6 3 ,5 1 4
R loh .F r’ k s b A P Maroh
7 3 ,1 8 0
4
6 ,3 9 0
4
3
,7
3
0
R io G ran d e Jot. February.
2 1.3 d 5
18,468
1 6 4 ,8 3 7
1 7 5 ,8 7 3
R io G ra n d e S o’ n 3d wk May
8 ,7 2 6
10,5 95
1
,1
3
7 ,5 0 0
64.6 00 1 .1 9 6 .0 0 1
R io G r’ de W est 3d wk May
6 9 ,3 0 0
3 3 .8 7 6
3 6 ,7 2 9
Sag. T u sc. & H April
9 ,2 8 1
10,308
4
6
4
,4 4 5
4 5 7 ,6 6 7
S t .J o s .& G r .I ., 3d wk May
2 3 .1 1 5
2 8 ,2 2 0
110,101
1 0 4 ,0 4 8
8t. L.Chi. A St.P. April
2 6 ,3 7 4
24,5 32
2
0
,2 3 6
25,406
S t.L .K en ’ e tA So April.......
6 ,4 0 0
2 ,6 7 9
S t.L .A S a n F ran . 3dwk May 141 ,29 8
1 3 2 ,4 8 3 2 ,6 9 3 ,6 0 6 2 ,5 7 2 ,8 9 7
St.L. Southw est. 3dwk May
6 8 .6 0 0 2 ,0 3 8 ,2 8 4 1 ,9 4 0 ,1 0 9
89,0 00
4 3 7 ,9 0 8
S t.P a u l A D a l.. April
4 8 2 .8 1 8
1 1 0 .5 7 0
1 1 8 .49 8
6 3 2 ,3 7 3
5 2 5 ,5 2 7
Sau. A n t, A A . P April
2 0 4 ,8 0 5
1 6 2 ,5 3 6
2 2 8 ,0 4 2
S a n F ra n .& N .P April___
2 4 4 ,6 9 2
6 2 ,9 9 0
67,8 29
2 9 5 ,3 7 2
S. F e P re a . A P h . 3d wk May
3 3 3 ,1 1 9
1 6,3 00
16,568
8 8 0 ,9 9 7
9 5 4 ,4 0 0
S a v .F la .A W e s t. March.....
2 7 6 ,3 4 3
3 5 0 ,73 1
9 4 ,8 5 2
Sher.Shrev.A 8o. 4thwkApr.
1 0 5 ,69 8
6 ,1 4 2
6.661
4 4 ,2 5 5
811.8p rs, O. A G. Maroh.....
7 3 ,d 6 7
1 7 ,0 7 6
26,034
7 8 .5 8 6
1 0 2 ,03 1
S io u x C. A N or. April.......
19,400
18,5 87
So. H a v e n A E. April......
7 ,4 9 7
8 ,8 9 6
2,000
3 ,0 c 0
8 o . P a cific Co. Q a l.H a r. A S.A M a rc h ..
4 7 4 ,0 6 6 1 ,2 9 9 ,5 2 3 1 ,3 2 5 ,6 6 7
4 6 3 .9 7 9
3 1 3 ,7 1 5
L ou ls’ a. W est. M a rc h ..
381,1<>7
1 0 7 ,1 4 9
134 ,31 2
M orga n ’ sL AT. M a rc h ..
5 17 ,55 1 1 ,7 6 4 ,2 9 0 1 ,5 7 9 6 3 7
6 4 2 ,6 1 3
7 3 ,8 9 7
N .Y . T . A M e x M a r c h ..
5 6 ,3 3 9
23,5 66
19.716
T e x . A N . O rl.. M a rch ........
3 9 6 .3 3 6
4 7 4 .6 4 0
1 3 7 .72 7
170 .78 2
A tL P r o p ’tea. a M a rch ........ 1 ,451.885 1 ,2 7 9 ,7 4 6 4 .0 4 3 ,3 3 3 3 ,7 6 6 ,4 9 6
So. P ao. o f Cal. M a rc h ........ 1,206,747
3 ,3 8 8 ,4 4 7 2 ,9 1 3 ,7 3 3
9 7 5 .3 1 3
S o .P a o .o fA riz. M a ro h .......
9 1 6 ,7 3 0
»5 9 ,0 5 8
3 0 2 ,29 4
319,601
4 2 1 ,3 1 7
S o .P a o.ofN .M . M a r c h ___
4 76 ,99 5
1 5 2 .70 6
170 ,83 3
P a cific system M a rc h ........ 3.234.U40 3 ,0 9 0 .3 6 2 8 ,8 9 4 ,6 9 6 8 ,7 0 9 ,7 5 4
T otal o f all.5 A p r i l . ..
1
6
.9
7 3 ,2 0 7
4 ,7 o3 ,3 88 4 ,4 9 6,95 7 1 7,7 7 4 ,6 4 2
S ou th ern R y .c .. 3 d w k M ay
5 0 0 ,0 8 4
4 8 8 ,6 3 ? 9 ,3 8 3 ,0 1 6 8 ,7 4 1 ,7 9 8
2 ,4 7 6
S ton y Oi. <s o.M t. M a rch -----2 ,5 6 1
1 ,004
968
1 0 6 ,2 0 6
1 04 ,65 0
T e x a s C e n tra l.. 3d w k May
4 ,5 0 6
4.576
T e x a s A P a cific. 3 d w k M ay
1 28,279
116 .56 7 2 ,9 3 4 ,1 8 9 2 ,9 1 1 ,1 9 7
4 0 ,2 3 5
T e x . S .V .A N.W . D ecem ber.
6 ,503
6.779
4 ,1 3 5
T o i.A O h io O e n t. 3d w k M ay
6 4 9 ,1 1 1
6 5 9 ,1 9 5
33,1 53
34,8 35
3 3 8 ,3 9 8
T o l. P . A W e s t .. 2d w k M ay
3 3 <,476
14,2 17
18,6 75
7 4 4 ,3 1 4
T o l.S t. L . A K .C . 3d w k M ay
33,764
6 9 9 ,0 9 7
3 7,0 76
U n ion P a o. R R .. A p r i l . ..
1,5 1 8,31 0 1 ,353,935 5 ,8 6 1 ,0 3 9 5 ,3 9 2 ,0 9 7
W abash............... 3 d w k M ay
2 64,127
2 5 2 ,4 6 7 5 ,3 2 4 ,8 5 9 4 ,9 3 2 4 2 4
6 4 5 ,0 7 8
W.J e rs e y A 8 e a ’e A p r i l .......
2 21 ,71 4
1 91.314
7 0 1 .1 7 8
W .V .C en.A P itte A p r i l .......
3 7 7 ,7 7 0
3 1 8 .7 2 6
1 1 1 ,65 7
1 03 ,17 0
W estVa. A P itts. F eb ru a ry
52,9 75
17,511
3 8 ,8 3 0
26,47b
1 6 7 ,1 2 7
W estern o f A la . M a rc h ........
1 6 8 ,54 1
5 2 ,3 7 5
5 9 ,1 4 4
W est. N .Y . A Pa. 3d w k May
5 9 ,4 0 0
54,3 00 1 ,2 1 1,61 8 1 ,0 8 2 ,0 0 5
5 3 9 ,2 7 6
W heel. A L. E rie 3 d w k M ay
2 7 ,9 5 0
32,811
5 7 6 ,3 4 9
W iscon sin Cent. 3 d w k M ay
1 0 4 ,35 5
101,530 1 ,8 5 2,62 5 1 ,7 4 6 ,6 7 8
W rightav.ATen. M a rc h ..
2 4 ,2 3 0
13,070
2 9,9 22
8 ,6 9 3
F ork S ou th ern . M a rc h ..
16,7 35
6 .4 4 4
15,8 22
7 ,4 4 0
a In o lu d e s ea rn in g s fr o m fe rrie s , e tc., n o t g iv e n s e p a ra te ly .
6 In
clu d es the P a cific system , th e A tla n t ic p ro o e rtie s an d th e H o u s to n &
T e x a s C en tra l system , c A ft e r M a y 1 I n clu d e s S ou th C a r o lin a &
G e o r g ia f o r b o th years.
* F ig u re s fr o m A p ril 1 a re f o r th e ra ilro a d o n ly ,
t In o lu d e s C h esa p ea k e & O h io S o ’ w estern, O h io V a lle y a n d C h ica g o
an d T e x a s fo r b o th ye a rs. R esu lts o n Y a z o o B ra n ch e x c lu d e d in
1 899 b u t in clu d e d in 1 898 u n til J u ly 1.
t M e x io a n cu r r e n c y . § C o v
ers resu lts o f lin e s d ir e c t ly o p e ra te d e a st o f P itsb u rg .
THE CHRONICLE.
J une 3, 1899.]
Latest Gross E a r n in g by Weeks.— The latest weekly earn
ings in the foregoing are separately summed up as follows :
For the third week of May our final statement
covers 78 roads, and shows 5*95 'per cent increase in the
aggregate over the same week last year.
2d
\ceek o f M ay,
P r e v io u s ly r e p ’ d (57 Pda)
A la b a m a Ox. S outhern
Ohattanootra S o u th e rn ..
C h ica go A W. M ich ig a n ..
Oiev. Cln. Ohio. A St, L ..
Det- Gd- R a p . * W estern
D u lu th So. 8 no r e * A t . . .
Ft. W orth * D en v er C ity
G u lf B eau m ’ t A K a n . C.
K a n . C ity F t. 8. A M e m .
K a n . C. M em . A B trm ----JtAQfiae C ity * O m aha
L o u is v ille E v a n s .* St. LM ln o. Sc. P. A 8. See. M ..
M o b ile * B ir m in g h a m ...
N o rth e rn P a e l f l o . . . . . . . . .
O reg. R R . A N a v ..............
P itts b u rg * W estern . . . .
S anta F e Pr. A P n c e u lx ..
W estern S . Y . A P e n n ...
T o ta l (78 roads) . . . ----N et In crease 15-95 p.o.l...
1899.
1 89 8 .
In cr ea se.
*
6 ,3 4 6 ,8 3 5
3 4 .0 6 6
1,331
3 8 .7 0 8
2 5 6 .4 6 2
2 7 ,5 2 4
4 5 ,4 5 0
3 2 .4 2 4
6 ,0 4 0
7 8 .8 2 2
2 7 .1 9 6
4 ,8 1 2
3 1 ,6 6 0
78.5 41
7 .6 6 0
292. l i t
4 4 7 ,0 0 8
1 5 6 .8 4 2
6 1 ,3 8 7
1 0,5 0 8
4 ,5 7 0
59,4 00
$
5 ,9 3 4 ,2 1 8
3 0 ,2 9 0
1.463
31,3 48
2 0 0 .7 3 4
3 0,9 45
4 1 ,6 4 4
3 2 ,8 5 0
4 ,4 0 3
8 0 ,7 6 0
2 9,4 68
4 .7 0 5
27,4 36
7 2 ,6 4 9
4 ,9 4 3
2 3 5 ,6 0 4
4 8 8 ,26 1
1 5 0 .20 8
6 6.3 38
16,300
4 ,5 0 0
5 ^ 3 00
$
4 5 3 ,3 9 9
4 .3 7 6
. . . . ...
7 ,3 6 0
8 ,0 5 6 ,0 6 4
7 ,6 0 3 ,4 4 5
5 5 2 .0 7 8
4 5 2 ,6 1 9
....
3,814
....
1 ,6 3 7
__ ____
107
4 ,2 2 4
5 .8 9 2
2,^17
5 6 ,5 4 0
6,574
268
701
5 ,1 0 0
D ecrease.
$
4 0 ,7 8 2
__ . . . . .
138
.. .. -4 ,2 7 2
3 ,4 2 1
432
....
1,938
2 ,2 7 2
- G ross E a r n in g s .—
1899.
1 898.
R oa d s.
4 1 ,2 5 3
........
4 ,9 5 1
.............
_______
---------- 9 9 ,4 5 9
-B ra t* S a r m n g s .1699.
1 898
$
*
2 ,0 9 0
2 ,0 7 2
5 ,5 8 5
5 .5 2 6
3 2 ,1 6 1
3 5 ,0 * 2
-N e t E a m t n g t .----1899.
1898.
8
*
847
532
1 ,0 8 5
1,237
1 7 .8 8 1
2 0 ,0 1 5
2 9 ,1 2 2
2 4 ,9 1 1
6 0 ,4 8 0
5 0 ,0 5 8
2 2 9 .0 0 7
1 7 2 ,5 8 8
0 4 4 ,7 3 3
5 2 9 ,4 7 8
2 ,1 9 6 ,3 1 2 1 ,9 5 8 ,4 6 2
7 ,9 2 3 ,9 3 3 7 ,2 0 4 ,9 1 0
3 3 7 ,9 2 2
3 1 1 ,1 8 0
1 ,8 7 1 ,9 6 3 1 ,7 7 0 ,9 2 8
5 ,0 2 5,07 1 4 ,8 1 3 .9 4 3
5 ,8 4 0
6 ,1 3 7
1 5 ,4 0 1
17,1 41
9 6 7 .0 5 5
9 1 2 ,9 3 3
3 ,6 7 5.54 1 3 ,7 8 3 .4 6 5
9 .9 3 4 ,2 4 1 9 ,8 3 1 ,2 3 1
3 ,2 4 9 ,8 0 2 3 ,2 5 5 ,3 6 0
J a n . l t e A p r. 3 0 . . . . 1 3 .8 9 0 .7 S l 1 3 ,1 0 7 ,2 0 4
J u ly 1 t o A p r, 3 0 ...3 8 ,3 0 2 ,9 7 8 3 8 ,0 5 5 ,0 1 5
C h ic. M . A 8 t. P .a . - A n t . 2 ,9 1 6 ,3 9 9 2 ,5 8 5 ,5 4 5
J a n . 1 t o A p r. 3 0 ....1 1 ,5 7 4 ,3 5 5 1 0 .2 5 7 .8 7 6
J u ly 1 to A p r. 3 0 ...3 1 .9 0 1 ,7 0 5 2 8 ,0 8 3 ,1 5 8
C hlo_T enn. T r a n -/, b . A p r.
1 03 ,05 9
9 5 ,6 8 5
J a n . 1 to A pr. 3 0 . . . .
3 8 4 .1 5 9
3 7 3 .5 0 8
J u ly 1 t o A p r. 3 0 . . .
9 8 8 ,0 2 5
9 2 4 ,4 0 7
C lo v e . O a n ton A B o .A p r .
5 8 .3 3 8
5 7 ,0 4 7
J an . 1 to A p r. 3 0 . . . .
2 1 4 ,5 1 1
2 1 0 .4 0 3
J u ly 1 to A p r. 3 0 . . .
6 9 1 .4 1 8
5 8 8 ,4 7 8
C le v .C ln .C .* 8 t .L .a . A p r. 1 ,1 6 4 ,< 9 3 1 ,1 8 4 ,7 6 5
J a n . I to A pr. 3 0 . . . . 4 .3 8 1 ,1 3 1 4 ,5 1 6 ,7 3 6
J u ly 1 to A p r. 30 . . 1 3 ,1 6 4 .4 3 0 1 1 ,9 3 7 ,5 7 7
P e o r ia A E a s t'n a . A p r.
1 5 1 ,3 2 2
1 5 7 .8 4 7
Ia n . 1 t o A p r. 3 0 . . . .
5 8 7 ,1 0 0
6 0 7 ,2 8 6
J u lv l t o A p r. 3 0 . . . 1 ,5 6 8 ,3 0 0 1 ,5 5 9 ,5 6 0
C le v .L o r. A W h e e la . Mar.
1 5 5 ,8 2 0
1 1 4 ,9 0 3
J u ly 1 to Mar. 3 1 . . . . 1 ,1 9 2 ,8 6 3 1 ,131.337
C o l. 8 an d , A H o “ k*«r A p r .
5 2 ,5 7 0
4 8 ,4 3 4
J an , 1 t o A p r. 3 0 . . .
2 4 9 ,1 3 0
2 3 2 ,4 9 0
July 1 to A pr. 3 0 . . . 7 0 3 .4 9 0
8 4 0 .4 8 3
C o lo r a d o A 8 0 . b . . . . A p r
2 7 3 .8 7 2
..............
Jan . 1 to A p r. 3 0 . . . 1 .1 5 8 .2 2 0
..............
0 4 7 ,7 8 7
Den. A B . G r a n d e -b . A p r.
7 6 5 ,0 2 2
J a n . 1 to A p r. 3 0
2 .3 8 9 .9 7 2 2 ,4 9 7 ,4 8 8
J u lv 1 ta A p r. 3 0 . . . . 7 .7 4 2 ,8 5 2 0 ,9 7 2 ,9 5 5
D e tro it C l 'y G a * ____ A p r.
J a n . 1 to A p r. 3 0 . . . .
.....................................
F in d la y Ft-W .A W .b M a r.
8 ,2 4 4
6 ,9 1 5
J a n . 1 to M ar. 3 1 . . . .
2 3 ,0 9 5
1 8 ,7 3 4
J u ly 1 t o Mar. 3 1 . . . .
7 3 ,6 3 1
5 9 ,1 4 1
F t. W orth A R io G r. .F eb .
2 3 ,9 5 9
3 7 .0 0 2
Jan . 1 t o F eb . 2 3 . . . .
7 2 ,6 9 8
7 8 ,7 3 0
H o u s t. A T e a . C ent. A p r .
2 5 3 ,9 4 7
2 5 2 ,0 3 8
J an . 1 t o A p r. 3 0 . . . . 1 ,1 7 7 ,2 0 8 1 ,0 9 6 ,3 2 8
J u ly 1 to A p r. 3 0 . . . 3 ,8 4 4 ,7 3 4 3 ,2 5 3 ,6 3 2
I o w a C e n t r a l.b . . . . A p r .
1 5 0 ,4 0 9
1 4 0 ,4 3 2
J a n . 1 t o A p r. 3 0 . . . .
650 .23 1
5 7 2 .0 U
J u ly 1 t o A p r. 3 0 , . . . 1 ,7 6 0 ,8 0 0 1 .8 5 2,73 2
L e h ig h V a lley R R . .,A p r . 1 ,4 9 1 ,8 9 3 1 ,366,271
J a n . 1 to Apr. 3 0 . . . . 5 .7 9 1 ,2 0 4 5 .6 3 7 ,7 1 4
D eo. 1 t o A p r. 3 0 . . . . 7 .5 8 2 ,1 9 8 7 ,0 7 8 ,8 2 7
Lehlsrb V a l. C oal C o .A p r .
9 3 0 ,4 2 8
7 0 4 ,0 7 6
J a n . I to A pr. 3 0 . . . 5 ,2 8 3 ,4 1 3 4 ,2 4 9 ,3 9 7
D ee. 1 to A p r. 3 0 . . . . 7 ,0 3 4 ,2 2 8 5 ,6 6 9 ,3 1 1
L ocal Inland R R . b . . A p r.
3 1 6 ,0 9 2
2 8 3 ,9 1 0
J a n . 1 to A p r . 3 0 . . . . 1 ,0 2 4 .0 8 7
9 9 1 ,6 2 3
J u ly 1 t o A p r. 3 0 . . . 3 ,7 3 9 ,3 9 7 3 ,4 8 7 ,2 7 4
L o n g Idl'd B R .S y a .b . A p r . 3 3 3 ,5 3 9
2 9 7 ,9 8 9
J an . 1 to A p r. 3 0 . . . . 1,0 6 2,75 1 1 ,0 3 1 ,2 7 9
J u ly 1 t o Apr. 3 0 . . . . 4 ,0 4 0 ,3 6 7 3 ,7 7 8 ,2 5 0
8 .1 8 9
4 ,9 2 7
3 0 ,7 7 1
2 6 ,7 5 4
9 2 ,1 5 7
6 5 ,9 3 8
216 984
2 3 2 ,9 2 8
9 2 0 ,3 0 4
7 1 7 ,0 1 1
2 ,9 0 0 ,4 3 4 2 .4 0 9 ,6 1 9
7 4 ,1 8 4
2 7 ,9 6 2
5 1 8 .2 7 7
5 0 4 ,0 8 7
1 ,6 9 0 ,3 8 3 1,7032217
d e f.1 .0 7 3
387
d e f.3 ,8 8 6
d e f. 342
2 8 2 ,7 8 8
2 7 3 ,3 0 9
1 ,0 8 3 ,1 3 1 1,164.29-2
3 ,2 5 9 ,8 1 1 3 .1 9 7 ,3 0 8
1 ,0 0 3 ,9 7 1 1 ,0 0 0 ,6 6 7
4.<83.3127 4 ,8 -7 ,2 1 8
1 4 ,3 4 7 ,0 2 9 1 4 ,5 7 3 ,1 3 5
7 4 9 .8 3 9
7 5 9 ,0 1 1
3 .7 4 8 ,0 3 0 3 .4 -5 .0 4 0
1 2 ,2 5 5 ,8 7 1 1 1 ,0 1 3 ,7 2 0
6 1 .8 4 3
0 1 ,1 8 1
2 3 7 ,1 4 6
2 5 0 ,4 6 0
6 0 5 ,9 1 5
0 22 ,73 1
6 ,5 8 2
9 ,0 6 8
2 4 ,2 1 1
2 3 ,1 9 9
8 0 ,0 1 9
H O ,0 3 3
3 0 7 ,9 7 1
2 8 1 ,4 3 4
1 ,1 3 5 ,9 1 9 1418.479
3 ,4 0 0 .0 3 3 2 3 1 5 ,8 8 4
3 7 ,8 1 4
3 8,5 41
1 5 1 ,02 2
1 68 115
4 1 1 ,4 9 3
3 7 8 ,« 8 0
5 2 ,6 9 0
2 1 ,2 8 8
3 4 7 ,5 3 2
3 1 8 ,1 4 9
2 ,9 2 5
1 .3 2 4
0 ,4 1 1
1 0 ,0 4 0
62,4 41
1 0 3 ,4 3 6
6 3 ,9 9 1
3 3 3 .3 5 3
2 8 3 ,1 6 9
2 6 4 .2 1 9
9 9 0 .4 5 4
9 8 7 ,3 4 0
3 .0 3 1 ,3 5 1 2 ,7 7 7 ,0 9 8
2 8 ,8 0 5
3 2 ,2 2 4
1 2 8 .8 7 3
1 7 0 ,2 9 4
d e f .-9 2
d ef. 2 ,8 7 0
d ef.041
d e t.1 ,0 1 5
d e f,2 ,1 2 2
9 ,7 3 0
1 2 ,2 4 4
2 .5 1 4
3 0 ,6 1 4
2 3 ,6 5 5
3 6 ,2 1 3
d e f.8 ,3 6 9
2 5 7 ,8 4 3
1 0 3 ,4 3 8
1 ,4 7 4 ,6 2 8 1 ,1 5 2 ,1 3 8
3 4 .8 5 0
4 0 .6 2 7
1 8 7 ,9 2 4
1 6 4 .4 4 8
5 1 2 ,6 9 1
5 0 7 ,0 7 6
2 3 4 ,7 5 4
2 8 4 ,5 8 2
6 9 0 ,3 3 9 1 ,2 6 6 .1 9 6
1 ,0 7 5 .4 3 2 1 ,7 2 9 ,2 7 8
d f.5 4 ,7 8 9 d f.6 9 ,6 9 2
4 f. 2 5 1 ,1 5 1 d f.1 6 9 ,8 4 7
d f.3 3 7 ,6 2 2 d f.2 4 3 ,2 7 0
4 5 ,6 9 7
5 3 ,3 3 4
9 0 ,4 2 5
5 4 ,4 0 2
1 ,0 3 3 ,3 4 7 1 ,0 0 8 .9 5 6
4 0 ,8 5 9
4 6 ,4 6 3
70,8 31
2 1 ,2 4 9
1 ,1 0 7 ,4 1 7 1 ,1 0 2 ,7 4 6
-N e t E a r n in g s .—
1 89 9
1898.
. 1 ,9 1 8.06 1 1 ,7 7 3 ,9 6 6
. 7 ,5 6 5 ,2 2 9 7 ,1 9 0 ,8 2 9
.1 9 ,4 5 1 ,0 2 7 1 8,2 61 ,6 4 3
5 9 7 .6 2 2
2 ,3 3 0 ,9 3 9
6 ,5 0 1 ,0 0 5
4 7 9 ,7 5 0
2 ,2 2 0 ,1 5 3
6 ,0 3 0 .5 3 9
M e x ica n C e n tr a l___ A pr . 1 ,1 9 1 ,5 9 2 1 ,1 4 3 ,7 5 2
J an , 1 t o A p r. 3 0 . . . . . 4 ,8 3 6 ,6 9 2 4 ,4 6 9 ,3 8 1
4 2 2 ,8 4 9
1 ,5 3 1 ,3 3 0
4 0 0 ,0 2 7
1 ,3 1 2 ,4 4 7
M e x . In te r n a tio n a l.A p r .
3 6 5 ,3 5 9
J a n . 1 t o A p r . 3 0 ___. 1 ,5 3 2 ,2 8 9
2 3 3 ,8 1 2
1 ,1 2 3,53 3
1 4 6 ,7 3 2
7 0 9 ,3 0 8
1 1 5 ,1 0 8
4 2 1 ,6 8 6
M. St. P. A 8. S. M ___ A p r .
3 4 8 ,9 1 3
J an . 1 t o A p r. 3 0 . . . .. 1 ,1 4 5 ,3 6 0
J u ly 1 to A p r. 3 0 . . . . . 3 ,5 8 2 ,0 1 2
3 3 8 ,0 6 1
1 ,1 7 2 ,4 1 4
3 ,4 7 8 ,7 2 8
1 6 4 ,3 9 6
4 2 4 ,7 0 5
1 ,5 3 5 .7 2 6
1 7 7 ,6 9 4
5 1 1 ,0 8 9
1 ,6 1 3 ,3 7 3
N Y. O n t, & W e s t.a . A pr,.
3 8 4 ,0 7 4
J a n . 1 t o A p r. 3 0 . . . . 1 ,4 0 9 ,2 4 8
J u ly 1 t o A p r. S O ... . 3 .5 5 4 ,8 9 3
2 3 5 ,3 8 0
1 ,1 4 0 .6 0 1
3 ,3 2 3 ,1 8 2
1 3 4 ,9 0 9
4 6 4 .7 1 7
1 ,1 3 1 ,8 7 7
6 2 ,1 0 5
2 7 8 .9 0 5
9 8 0 ,3 8 0
. 1 ,0 2 2 ,4 1 2
. 3 ,7 5 7 ,6 6 5
. 9 .6 9 8 .1 7 2
9 5 0 ,3 2 0
3 .7 2 0 ,2 0 6
9 ,4 9 2 ,3 6 2
3 1 8 .1 5 0
1 ,1 3 0 ,3 0 2
3 ,2 0 6 ,6 3 9
2 3 6 ,7 4 1
1 ,0 6 2 ,0 8 1
2 ,9 4 6 ,3 6 7
4 9 7 ,6 0 2
N orthern C e n t r a L b .A p r
J a n . 1 t o A p r. 3 0 ___. 2 ,0 0 7 .6 2 7
4 8 1 ,0 0 2
2 ,0 1 2 ,8 2 7
8 7 ,9 5 4
3 7 4 ,1 6 2
9 2 .8 5 4
4 3 8 ,5 6 2
5 8 0 ,8 5 2
2 ,1 2 2 ,4 9 5
5 .7 6 7 ,4 8 4
1 6 8 ,7 7 6
7 1 6 ,3 0 0
2 ,3 8 1 ,7 4 9
2 1 1 ,1 1 1
6 9 5 ,0 2 1
2 ,4 9 0 ,7 5 2
P e n n sy lv a n ia —
L in es d ir e c t ly o p e r a t e d
E a st o f P itta .A E .. A p r .! 5 ,6 6 1 ,3 7 2 5 ,3 5 8 ,1 7 2
J a n . 1 to A p r, 3 0 . . 2 1 ,3 6 3 ,3 0 9 2 0 ,7 1 5 ,1 0 9
1 ,6 3 1 .3 0 8
5 ,2 9 8 ,4 2 8
1 .5 2 4 ,2 0 8
5 ,6 /2 ,0 2 8
........ Oregon RR. A Nav..Apr.
Net Earnings Monthly to Latest Dates.— The table follow
ing shows the gross and net earnings o f S team railroads
reported this week. A full detailed statement, inoluding all
roads from whioh monthly reto m s oan be obtained, is given
onoe a month In these column , and the latest statement of
this kind will be found In the C hronicle of May 30,
1899. The next will appear In the issue of Jane 34, 1899.
Moods,
B a t h A H a m m o n d s .M a r.
J a n . 1 t o M a r. 3 > ___
J u ly 1 to M ar. 3 1 . . .
B e lla lre Z a n e s v .A C ln .—
J a n . 1 to M ar. 3 1 . . . .
B nO aio a M osqueti.a. A p r.
Jan . 1 to A p r. 3 0 . ...
J a l y 1 t o A p r. 3 0 ___
C an ad ia n P a d Bo a A p r.
J a n . 1 to A p r. 3 0 . . . .
O en t. o f G e o r g ia .a .A p r .
J a n . 1 t o A p r. 3 0 . . .
J u ly 1 t o A p r. 3 0 ...
C b n tta n ’ g a 8 o o th .a .M a r .
J a n . 1 t o M ar. 31 . . .
G b e ta p . A O h io .* . ..A p r .
1071
Jan. 1 to Apr.
1 to Apr.
J a ly
4 8 2 ,6 1 1
30..... 1 ,9 2 2 ,4 0 1
3 0 ___. 5 ,7 8 0 ,8 6 8
f f e s t o f P ltta .A E .A p r .
J an . 1 t o A p r. 3 0 . . . .
I no.
In o.
1 9 4 ,6 0 0
7 4 1 ,3 0 0
In o .
In o .
1 6 2 ,6 0 0
4 6 3 ,8 0 0
Phlla. W ilm .A B a lt..,. A pr.
J a n . 1 t o A p r. 3 0 ___
N ov. l t o A p r. 3 0 . . .
B io G r a n d e 8 o u t li.b .A p r .
J a n . I t o A p r. 3 0 ___
J o l y 1 to A p r. 3 0 ___
St. J o s. A G d. lal. a . . A p r.
J a n . 1 t o A p r. 3 0 ___
J u lv 1 t o A p r 3 0 . . .
S an ta F e F ree. A P b ,.M ar.
J a n . 1 to M ar. 3 1 ___
J u ly 1 t o M ar. 3 1 ___
S t.L o u is A 8 a n F r .b .A p r ,
J a n . 1 t o A p r. 3 0 ___
J u ly 1 t o A p r. 3 0 ___
Bt. P a u l A D u lu th .* .A p r .
J a n . 1 to A p r. 3 0 , . . .
J a l y 1 t o A p r. 3 0 ___
8 3 8 ,9 7 3
7 9 5 ,4 7 3
2 4 7 ,1 2 4
2 1 8 ,7 2 4
3 ,0 1 8 ,1 3 6 2 ,8 7 9 ,5 3 6
6 8 8 ,9 3 8
6 3 5 ,33 8
4 ,6 8 3 ,2 9 8 1 .3 7 8 .2 9 8 1 ,1 9 8 .4 3 7 1 .0 3 1 .9 3 7
3 8 ,6 0 6
3 4 ,3 2 3
1 8 ,8 9 2
1 7 ,4 0 7
1 4 7 ,0 9 4
1 39 ,39 1
6 9 ,1 1 7
7 0 ,8 1 2
4 1 2 ,7 0 8
3 5 1 ,8 9 1
1 9 9 ,94 1
1 5 7 ,2 3 1
9 6 ,1 7 4
91,100
1 3 .3 6 9
2 2 ,3 5 7
3 9 6 .9 7 9
3 8 0 ,1 0 7
6 5 .8 2 5
1 2 9 .5 2 0
1 ,0 3 8 ,9 1 0 1 ,0 5 6 ,6 2 1
2 2 6 ,0 6 8
3 3 4 .8 9 9
7 8 ,2 6 2
6 6 ,5 6 9
3 6 .0 2 7
3 5 ,5 2 9
2 1 9 ,0 6 0
1 8 3 ,9 3 8
9 8 ,5 6 1
9 2 ,3 0 3
6 4 9 ,5 1 4
5 5 0 ,5 8 2
3 0 !,7 8 9
2 8 2 ,6 4 6
5 8 2 ,7 7 5
5 3 3 ,8 1 8
2 1 6 ,3 1 9
1 9 8 ,5 4 6
2 .2 9 7 ,6 1 0 2 ,1 9 2 ,7 3 7
8 4 2 ,2 4 2
8 2 2 ,2 0 8
6 ,0 1 2 ,1 1 8 5 ,8 0 2 ,4 8 4 2 ,3 7 2 ,6 8 4 2 .4 5 2 .9 3 7
1 1 0 ,5 7 0
1 1 8 .4 9 8
1 7 ,4 6 6
1 8 .6 8 2
4 8 2 ,8 1 8
4 3 7 ,9 0 8
1 2 5 ,0 4 4
1 1 1 ,2 7 7
1 ,4 8 5 ,3 1 7 1 ,3 9 8 .9 4 6
4 6 0 ,1 0 5
3 7 9 ,4 3 1
-mil Ant.A Aran. P. b Apr
1 6 2 ,5 3 0
2 0 4 ,8 0 5
4 ,5 7 4
4 8 ,1 2 1
J an . 1 to A p r. 3 0 ___
5 2 5 ,5 2 7
6 3 2 ,3 7 3 d e f.4 .8 9 1
1 1 2 ,65 1
J u l y l to A p r. 3 0 . . . . 1 ,7 6 0 ,1 7 7 1 .7 8 1 .0 2 9
4 7 0 ,2 1 6
5 1 7 ,7 3 3
S o u th e rn P a elflo .b .A p r . 4 ,7 6 3 ,3 8 8 4 ,4 9 6 ,9 5 7 1 ,6 9 0 ,5 9 2 1 ,5 6 6 ,0 2 4
J a n . H o A pr. 3 0 ...1 7 ,7 7 4 ,6 4 2 1 6 ,9 7 3 ,2 0 7 5 ,6 1 4 ,0 8 7 5 .9 5 1 ,4 4 7
J u ly 1 to A p r. 3 0 ....4 6 ,2 1 6 ,4 7 6 1 3 ,7 2 8 ,2 7 1 1 d ,2 7 9 ,4 1 4 1 7 ,1 3 7 ,8 6 1
O nion P a c. R y . a . . . . A p r . 1 ,5 1 8 ,3 0 3 1 ,3 5 3.93 5
4 4 1 ,6 8 6
5 5 8 .8 9 2
J a n . 1 to A p r. 3 0 . . . . 5 ,8 6 1 ,0 3 8 5 .3 9 2 .0 9 7 2 ,0 6 6 ,9 8 3 2 ,1 2 0 .4 0 8
J u ly l to A p r. 3 0 ....1 6 .4 6 5 ,1 2 7 1 5 ,4 0 5 ,1 0 2 0 .9 7 4 ,7 3 8 5 .8 1 5 ,7 0 5
V isa lia A T u la re —
J a n . 1 to M ar. 3 1 .
1 ,4 3 9
1 ,8 6 2
d o f. 5 97
411
W. J e rse y A S e a s h .b .A p r .
2 2 1 ,7 1 4
1 9 1 ,3 1 4
59 954
4 3 ,7 5 4
J a n .1 to A p r. 3 0 . . .
7 0 1 ,1 7 8
6 4 5 ,0 7 8
1 1 8 ,2 0 0
1 0 3 ,9 6 0
W e e t-N .Y .A P e n n .b .,A p r .
2 7 2 ,3 9 2
2 4 9 ,5 9 6
8 6 ,5 2 0
5 6 ,9 7 0
J a n . 1 to A p r. 3 0 . . . . 1 ,0 3 1 ,8 1 8
9 1 6 .5 0 5
3 1 4 ,3 5 7
2 3 3 ,0 8 7
J u ly l t o A p r. 3 0 . . . . 2 ,7 2 5 ,0 3 1 2 ,7 6 3 ,3 2 9
8 5 1 ,2 0 2
9 7 0 ,8 1 4
a N et ea rn in g s h ero g iv e n a re a fte r d e d u c tin g ta x e s,
b N et ea rn in g s here g iv e n a re b e fo r e d e d u o tln g ta x e s.
Interest Charges and Surplus.— The following roads, in
•ddition to their gross Bind net earnings given in the fore
going, also report charges for interest, Xa., with the surplus
or deficit above or below those oharges
R oads.
Ohio. B urL A Q n ln o y . A p r .
J u ly 1 t o A p r . 3 0 . . .
'ile v .C ln .C h . A St. L . A p r.
- A l y l to A pr. 3 o ___
P e o ria A E astern A p r .
J u ly 1 to A p r . 3 0 . . . .
D en ver A R io G r’ d e .A p r .
J u ly l t o A pr. 3 0 . . .
b o n g Isla n d R R ___ A p r.
J u ly 1 to A p r. 3 o ___
b o n g Isla n d R R .8 y s . A p r .
J u ly 1 to A p r. 3 0 . . . .
N o rfo lk A W e s t e r n ..A p r .
J u ly 1 to A p r ..3 0 . . .
Rio G ra n d e S o o t h ...A p r .
J u ly 1 to A p r. 3 0 ___
St. J os. & G r. I s l'd . A p r.
J u ly 1 t o A p r . SO . . .
,— I n t „ ren ta ls, A t.— . --H a t. o f N et S a m s . - ,
1899.
1 898.
1899.
1 89 8 .
$
8 5 0 .0 0 0
8 .6 6 5 .0 0 0
2 3 7 ,4 1 3
2 ,4 1 0 ,5 7 0
3 8 ,8 0 2
3 6 7 ,7 6 8
1 8 8 .7 5 6
1 ,9 6 3 ,3 5 3
1 0 2 ,8 2 9
1 ,0 0 0 ,9 6 1
1 1 3 ,8 5 7
1 .117,811
1 8 0 ,71 1
1 ,8 6 1,63 5
1 7 ,0 0 9
1 7 6 ,8 0 6
8 ,7 5 0
7 0 .0 0 0
$
8 7 0 ,4 2 9
8 ,7 0 4 .2 9 2
2 3 7 ,5 1 4
2 ,4 1 5 ,5 5 8
3 6 ,8 0 2
3 6 8 ,0 1 6
2 1 2 ,2 0 4
2 ,0 7 9 ,8 2 0
9 0 ,7 7 2
1 ,0 1 9 ,5 0 9
110 ,68 8
1 .1 3 2,08 8
1 8 6 ,35 6
1 .8 0 6 ,6 4 9
17,898
1 5 0 ,4 3 3
5 ,8 3 3
5 8 ,3 3 3
9
1 5 3 ,9 7 1
5 ,6 8 2 ,0 2 9
7 0 ,5 5 8
9 8 3 ,5 0 7
1 ,0 1 2
1 1 ,2 1 2
•94,987
*1 ,1 7 5,98 3
• d f.4 1,52 3
* 1 37 ,87 9
• df.59,422
*101,099
1 3 1 ,4 3 9
1 ,3 4 5 ,0 0 4
1 ,2 8 3
2 2 ,0 7 5
4 ,6 1 9
1 5 0 ,0 6 8
9
1 3 6 ,2 3 8
5 ,8 6 8 .8 4 3
4 3 ,9 2 0
4 0 0 ,3 0 6
1 ,739
4 3 ,4 7 7
‘ 5 2 ,6 3 3
* 7 6 0 ,27 3
* d f.4 6 ,1 3 1
'9 4 .6 5 2
* d f.6 1 ,* 8 5
*7 5.0 63
5 0 ,3 8 5
1 ,0 7 9 ,7 1 8
d f.4 9 1
798
1 6,5 2 4
3 2 6 ,5 6 6
* A fte r a llo w in g fo r o th e r In co m e re o e lv e d .
HOBTHEBN P A C IF IC .
A p r .,'9 9 .
$
G ross e a r n in g s
........1 ,8 8 3 ,8 1 4
OperaiijQtf e x p e n s e s ..........1 ,1 0 2 ,7 1 2
J u ly 1 to
J u ly 1 to
A p r ,* 98. 4 jp r .3 0 t’ 9 9. Apr.SQ J9 8
*
S
$
1 ,8 5 0 .8 1 8 2 1 ,8 1 9 ,8 4 8 2 0 .0 3 1 ,2 1 0
9 0 9 ,4 6 0 9 ,9 2 7 ,3 6 3 9 ,0 43,605
N et e a r n in g s ...- . . . . . . 7 8 3 ,1 0 2
O p e ra tin g ch a rg e s, ta x e s,
reutala am i im p r o v e m ’ ta 2 1 4 ,2 5 8
9 4 1 ,3 5 8 :LI,8 9 2 ,4 8 3 1 0 ,9 9 7 ,6 0 5
2 1 5 ,66 3
2 ,2 3 2 ,7 3 6
1 ,5 7 3 ,6 8 1
N e t o p e ra tin g in c o m e . 5 6 8 ,8 1 8
M iscella n eou s In com e, n o t
1ncludinsr la n d sa le s........ 1 3 0 ,83 2
N et in co m e —
----- ---------M a ln s y s t -m ........................... 6 9 9 ,6 7 8
P ro p rie ta ry l i n e s . . . . . ........
1 7 ,9 6 4
7 2 5 ,0 9 5
9 ,0 5 9 ,7 4 7
9 ,4 2 3 ,9 2 4
3 1 ,0 8 5
T o t a l ............................ .
7 1 7 ,6 4 2
3 9 8 ,2 0 3
2 8 5 ,7 7 2
7 5 6 ,7 8 0 1 0 ,0 5 7 ,9 5 0
4 7 ,7 0 4
3 4 2 ,0 8 7
9 ,7 0 9 ,6 9 6
2 7 1 ,20 8
8 0 4 ,4 8 4 1 0 ,4 0 0 ,0 3 7
9 ,9 8 0 ,9 0 4
THE CHRONICLE.
1072
[V ol . L X Y in .
STREET RAILWAYS AN1I TRACTION COMPANIES.
ANNUAL REPORTS.
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 the
latest week or month, and the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
Annual Reports.— T h e fo llo w in g is an in d e x to a ll annual
reports o f steam ra ilroa d s, street ra ilw a y s a n d miscellaneous
com panies w h ich h av e been p u b lish ed sin ce th e la st editions
of th e I n v e sto r s ’ a n d St r e e t R a i l w a y S u p p l e m e n t s .
This index does n o t inolude reports in to-day’s C h r o n ic l e .
S T R E E T R A IL W A Y S A N D T R A O H O N
Grom
E ajuunos .
Latest O m tt B a m in gs.
Week o r ifo
1899.
1898.
C O M P A N IE S .
J a n .1 to L a test D ot t
1899.
1898
S
$
9
7.428 6,377 23,347 23,442
58,116 49,625 214,662 195.2C9
7,923
H,531
4,060 3,645
4.974 6,446 26,337 25.085
44,618
43,886
1 1 . 8*8 11,234
27,207 25,901 100,227 100,313
28.166 26,730 74,858 71,494
.■508.644 470,631
180,077 120,925
174,711 166,797 575,945 585,739
864,332 758,353
9,706 7,211 25,568 19,147
6,424 5,545 18,751 16,223
1,945 1,682
6,335
6,738
150,373 138,035 576,169 545,411
8,533 7,028 27.993 23,824
57,534 52.923 225,519 207,643
94,555 87,111
23,778 21,671 463,916 418,200
7,866 7,120 161,318 151,272
3.771 3,417 71,922 67,332
16.736 14.811 60.469 56,722
9,822 10,081 35,102 31,170
15,920
34.906
20,973 18,643 80 640
72,915
3,720 3.571 13 787 13,212
47,985 38,158
16,479 7,47»
11,997 10,381 42,588 38,183
4.050 3,855 16 094 15,304
7,939 0,936 31.469 30,438
3,420 2,713 13,773 11,155
7.771 7,579 32,266 29.729
6,760 3,961
6,760
3.961
7.048 4.816 £2,410 15,402
13,014 8,530 37,892 24,028
34041 31.943 94.385 88,121
158,132 138,078 452,183 395,841
130,406 110 819 493.274 438,278
4,366 4,249 18,902 17,764
24,742
54.762
5 98.‘ 5 563 19,718 20,281
3.027 3,029 11.352 11.294
108,122 109,065 4b7.788 441,440
203,181- 205,435 427,706 430.M57
86.444 83,857 190.74' 182,721
1,469 1,314
5,106
4,316
32,616 28.141 114,618 107,364
11.445 9,778
8,142 8,111
26 126 25,259
4.564 4,459 11,624 12,349
2,783 2,743
4,900 4,593
31,374 29,626 118,661 116,486
14,30 13,287 48,147 48,960
40 110 36,687 160,75*- 145.207
95,212 86,899 385,99' 348,182
190.340 165,804 I t 0,79! 653,223
16,167 13,507 61.89:
55,941
341.340 313,038
131 742 120,458
154,725 133,995 574,371 524,951
15,518 14,029 54,47150.781
4,368 3,952 14,327
14,296
20,079 20.142 43,20
42,377
81,586 78,065 1,587,97. 1,5< 9.584
31,851 36,351 72,56
76.7t 7
1These figures Inolude results on Bridge Division.
A kron B edTd A Olev. A p r i l . ... .
A lb a n y R a ilw a y ........ A p r il.......
A m sterdam St. R y .
February
B ay Cities C onsol . . A p ril.......
B in gh am ton St. R y .. IA p ril........
B rid gep ort T ra ction A p r il.......
B rock ton Con. St. Ry M aroli—
B P klyn Rap. T r. C o .B rooklyn H eigh ts.. |A p r i l .......
B ro o k ly n E le v .t .... [A p r il........
N assau E lc c t r lo ... .[A p r il.......
T ota l....................... A p r il..........
Cin. A Miami V al..
M aroli—
C ltlz'na'IM 'n ole.Ind.) M a rob .......
C ity E lec. (R om e.G a.1 April.......
C levelan d E lc ctrlo .. April.......
ApriL......
Oleve. P ainsv. A E.
Oolnm bne St. R y. (O.) April......
D en v er C ity T ra m . . . April......
D etroit ClU’ ns’ St.Ry 3d wkMay
D etroit Eleo. R y ....... 3d wkMay
D etroit Ft. W ayne A
B elle I s l e ..* ............ 3d w kM ay
Dnlnth St. Ky ........ April.......
E rie E lectric M otor.. March.....
G alveston C ity K y ... February.
Harris curs; T m otion April.....
H erkim er M ohaw k II
Ion A F k fo r t El. Ry. April. .
H onston E leo. St. Ry. M arch.
Interstate C onsol, o!
Worth A ttle b o r o . . . A p riL ........
K ingston C ity Ry. .. A p ril.........
Lehigh Traction
A p ril.........
Lim a R ailw a y (Ohio) A p ril.........
L ond on St. Ry.(Oan.) A p ril.........
L orain St. R a ilw a y .. la n u a ry ...
Lorain & C le v e ......... . A p ril.........
Los A n geles T r a c t ... M a rch .......
Lowell Law. A H a v .. M aroh........
M ilw . E lec. R y. & Lt. M arch........
M ontreal Street R y .. A p ril .......
M uscatine St. R y ....... A p ril.........
N ashville St. R y ....... . F e b r u a r y .
N ew burg St. R y ....... . A p r il.........
New L ondon St- R y. A p ril.........
New Orleans C ity ___ A p r il.........
N orth Chic. St, K y .. F e b r u a r y .
North Shore Traction F e b r u a r y .
O gd ensborg St~ K y .. A p r i l .........
Paterson R y .......
A p r il.........
R ich m on d T ra ctio n .. M a rch .......
R ox b 'h O h.H .A N or’ L A p i i l .........
S ch uylkill Val. Trac M a roh .......
Scranton & C arbond’f A p r i l .........
Boranton & P lttston A p r i l .........
Scranton R ailw a y___ A p r 1 .........
Staten Isla n d E le o .. A p r il.........
S yracuse Rap. T r. Ry. A p r i l .........
T oron to R y . . . .
. . . A p r i l .........
T w in City R ap . Tran A p r i l . ... ..
U nion (N. B ed ford ). A p ril..........
U ’ td R ys.E leo.(B a lt.) A p r i l .........
U nited rr a o t. (b ltts., A p r i l .........
U nited T ra ct. ( P r o v j A pril
Unit. Trao. (R eading A pril
Waketield A S tone
April.
W aterbury T ra ction . February
West C h ica go St. Ry 1thw kM ay
W ilkes & W y. V a l.... February
Street Railway Net Earnings.— The following table g lvis
the returns of Strf.e t railway gross and netearmngs received
this week. In reporting these net earnings for the street rail
ways, 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 Saturday
we bring together all the roads furnishing returns, and the
latest statement of this kind will be found in the Chronicle
of May 20, 1899,
The next will appear In the issue of
June 21 , 1899.
-----Grots H a rn tn g t.— „,------ Met B a n u n g t —
1899.
1898.
1899.
1818
R oads.
C ity E leo.(R om e.G a l. A pr.
Jan. 1 to Apr. JO....
Denver City Tramw Apr.
Los Angeles Tract...Mar.
Jan. 1 to Mar. 31....
Nassau Electric RR. b —
Jan. 1 to Mar. 31.....
Syrao se R. T.b—
Jan. 1 to Mar. 31....
•
1.P45
6,738
94,555
13,014
37,892
S
1,682
6.335
87,111
8,530
24,028
401,720
419,376
11,619
120,647
108,518
38,361
$
335
322
29,262
2,707
7,261
$
R a i l r o a d s a n d M is c . C o ’ s—
V olu m e 6 8 —
Pacts.
American T obacco
..................
820
Chicago Edison..............................
973
Obtoaco & West Michigan.........
924
Cleveland * Pittsburg................. 1020
Commonwealth E le c tr ic........... 1 2 !
Det. Grand llapids & W est........
924
Er'e Telegph & T elephone.. .869,
878
Flint A Pere Marquette...............
819
General Electric...........................
820
Indianapolis Breweries...............
709
Lake S h o re * Mich. Southern...
Mexican Central.................... 868,
R a il r o a d s & M is. C o ’ s.— (O cn .)
V olu m e 6 8 —
P age,
Michigan Central..........................
£69
Monongahela River R R .............. 1 0 2 0
New Eng. Teleph. A T eleg..........
973
N. Y. Chicago & St. Louis...........
923
Ohio River R R .............................. 1021
Philadelphia Company................
973
Reece Butto- hole Machine....... 1021
St. L. Term. Corp. Stat. & Prop.. 1021
U*tted Gas Improvement ........
925
U. S. Rubber C o............................
972
W est Jersey & Seashore..............
972
Wilmington & N o rth e rn .....—
1021
Chicago & North W estern R a ilw a y Co.
( Advance report fo r the fiscal year ended May 31, 1899.)
The advance statement for the late fiscal year is reported
by telegraph as follows:
1899.
Gross earnings...........$37,933,299
Operating expenses— £3,592,382
Taxes......................... 1,168,971
Net earnings........ .$13,171,946
6,232,495
Interest on bonds.....
202,000
Sinking fund.............
Balance............... $6,737,451
138,745
Int. paid in advance ..
Total net............. $6,59 ■>,706
543,977
Other income............
Total net income.. $7,142,683
3,523,270
Dividends.................
Surplus................ $3,619,413
1898.
$36,050,561
22,643,879
1,102,606
$12,304,076
6,488,605
197,260
$5,618,211
320,000
$5,298,211
456,935
$5,755,146
3,519,823
$2,235,323
Changes.
Inc. $1,882,738
Inc. 948,503
Inc.
66,365
Inc. $867,870
Deo. 256,110
Inc.
4,740
Inc. $1,119,240
Dec. 181,255
Inc. $1,300,495
Inc.
87,042
Inc. $1,387,537
Inc.
3,447
Inc. $1,384,090
The above surplus does not inolude land income.
A large
proportion of the surplus for the year has been expended on
account of track elevation in the City of Chicago and for
other important works of construction, The percentage of
operating expenses, excluding taxes, to earnings, was 62’19.
The percentage of operating expenses, including taxes, to
earnings was 65’28.—V . 68, p. 231,
Cleveland & M arietta R ailw ay.
{Report for the year ending Dee. 31, 1898f
Statistics— The results of operations and the balance sheet
have been as follows :
EARNINGS AND EXPENSES.
1898.
1897.
1896. 1895.
$
$
$
$
Merchandise............................ 126,764 106,062 122,933 120,727
Coal........................................ 191,372 159,505 144,121 163,291
Passengers.............................. 86,333 73,989 76,346 67,207
Mail, express, etc..................... 17,518 16,166 16,908 16,527
Total................................. 421,987 355,720 360,308 367,753
E x p en ses—
Maintenance of way, etc.... ...... 117,771 133,«84 92,014 86,999
Maintenance of equipment.................... 88,244
36,745 42,230 39,996
Conducting transportation....... 170,086 140,982 145,947 117,709
General................................... 15,843 16,498 15,668 28,254
Taxes...................................... 13,223 12,553 12,180
9,936
Total................................. 355,167 346,662 308,039 282,893
Net earnings............................ 66,820
9,058 52,269 84,859
Miscellaneous.....................................
712
4,107
Total................................. 66,820
9,775 56,376 84,859
D ed u ct—
Interest on bonds.................... 56,250 56,250 56,250 47,894
Interest on floating debt, &o.................
409 .......... 34,742
Total.
56,250 56,659 56,250 82,636
Balance..
sur,10,570def.46,884 sur. 126 sur.2,223
B A L A N C E SH E E T FOR TEAR ENDING DEC. 31, 1898.
Assets
L ia b ilities.
Cost of road................ $3,210,196 Capital stock..............$2,000,000
Cash................
41,321 First mortgage bonds.. 1,250,000
Due from agents, etc...
8,856 Accrued Int. on bonds..
9,375
Due from other comp's.
11,457 Pay-rolls andvouchers.
31,480
Due from Individuals
Due other companies...
71,775
and companies.........
85,056 Loans........................
83,000
Material on band........
25,445 Miscellaneous.............
3,336
Authorized betterm’ts..
44,400
Profit and loss............
22,233
Total.......................$3,448,965
Total....................... $3,448,965
—V. 66, p. 950.
Earnings —
Ciiieinuati & M uskingum V alley Railroad.
( Report fo r the year ending Dec. 31, 1898,)
160
President James McCrea says:
39
The trade conditions throughout the year were of a most favorable
24,632 character,
and the result is manifested in an increase in gross earn
2,649
new companies of $45,519, or 10 per oent. The
7,131 ings for the old and
v*sited by severe floods which Interrupted tralllo
for almost a, week, beginning March 23d, hut whioli, fortunately, were
121,541 hefng>$l8llE00>lla 6fte0t aS ln Prevlous years, the approximate loss
48,695
Earnings, Etc. The earnings, charges, etc., have been :
EARNINGS AND EXPENSES.
Interest Charges and Surplus.— The following Str e e t
1898.
1897.
1896. 1895.
■$
* .
$
$
115,257
1’ 6,388
Freight............................
. 323^037 282,430 242,168 297,236
Mail, express, rents, etc....... . 53,492 51,969 53,210 55,228
-In i., rentals, etc.- B a l. ot Net B a r n 's .^
Total.............................. . 491,977
1889
1888.
1889.
18!
8.
410,634
R oadt.
Operating expenses and taxes. . 402,266 446,458
$
8
407,645 242,380
Denver City Tramw. Apr.
21,651
20,474
7,611
4,158
Net earnings..................... . 89,711 38,813 68,254 34,858
in addition to their gross and net earnings given In
the foregoing, also report charges for interest, &o,, with the
surplus or deficit above or below those oharges
railways,
E arn ings—
THE CHRONLCLF
J une 3, 1899.]
3 1 , 1 89 8 .
Or.
C a p ita l s t o c k .................... $ 2 / 0 0 , 0 0 0
F irs t m o r tg . b o n d s ........ 1 ,5 0 0 ,0 0 0
A o e ru ed Int e r e s t _______
2 5 ,0 0 0
A co ts . p a y a b le .................
7 0 ,7 5 2
1898-99.
B u sin ess on b o o k s en d o f y e a r..$ 1 2 ,4 f'0 ,0 0 0
.- o 8 ,0 0 0
F lo u tin g d e b t end o f y e a r ...........
G ro ss ea rn in g s, a b o u t...................
5 ,3 0 0 ,0 0 0
N et e a rn in g s .....................................
7 0 7 ,8 3 2
In te re s t a n d o t h e r d e d u c tio n s ..
3 0 7 ,7 6 5
I n c o m e a c c t .......................
N et a p p lic a b le t o d iv id e n d s ___
$ 4 0 0 ,0 6 7
D iv id e n d s .....................................(2 % % ) 1 2 1 ,2 0 0
G E N E R A L ACC O U N T D E C E M B E R
D r.
Hoad, equipment, &o.$3,500,000
s u p p lie s o n h a n d ..............
19,3 84
C a s h ........................
9 0 ,1 2 7
A c c o u n t* d n e ..........
2 5,7 71
M is c e lla n e o u s .... . . . . . .
3 5 ,3 5 2
1073
Miscellaneous.............
T o t a l................................ $ 3 ,6 7 0 ,6 3 4
-V . 67, p. 900.
33,186
3 6 ,6 9 6
T o t a l .............................. .$3,670,63-1
Pacific M ail Steamship Company.
The old directors were re-elected, except Mr. Thalmann,
who was succeeded by Edwin S. Cramp. The company has
purchased from the Lehigh Valley R R . Co. ten acres of land
adjoining the company’s present plant, nearly doubling its
water front. No reference was made at the meeting to the
pending, negotiations with Vickers Sons & M axim .—-V. 68,
p. 383.
Larnson Consolidated Store Service Co.
( Report f o r year ending March 31, 1S99.J
The annual report says in substance:
The b u sin e ss o f th e p a st y e a r h a s bean p r o llta b le . th e n e t e a rn in g s
b e in g 8 :7 6 ,9 1 7 , as a g a in s t $ 2 0 2 ,7 5 1 f o r th e y e a r p re v io u s. T w o
d iv id e n d s a t th e ra te o f 8 p e r c e n t p e r a n n u m , a m o u n tin g t o $ 1 3 1 ,3 5 4 , h a v e b e e n e a rn e d and p a id , a n d a fte r h a v i r g se t asid e $ 1 5 ,0 0 0
to g u a r a n ty a cco u n t, $ 1 3 0 ,5 6 3 has b een p la c e d t o th e o re d it o f th e
jiro lit an d loss a cco u n t. A ll p a te n t e x p e n s e s t o r th e y e a r h a v e b e e n
ch a r g e d t o e x p e n se .
The a n n u a l p a y m e n t on a co o u n t o f th e s in k in g fu n d f o r th e re d e m p
tio n o f b o n d s a m o u n te d to * 3 8 ,2 9 3 , this w ith a ccu m u la te d in te re s t
|m a k in g a to ta l d e p o s it to d a te fo r this p u rp o s e o f $ 7 7 ,9 5 1 ; $ 1 0 0 ,0 0 0
f o n r b o n d * s till rem a in in th e tre a su ry , s e v e r a l p a te n ts h a v e b e e n
: oIssued
to th e c o m p a n y d u rin g th e p a st y e a r and a p p lica tio n s fo r
o th e rs a rc n o w p en d in g . T h e r e a r c n o suit* p e n d in g a g a in s t th e c o m
p a n y f o r in frin g e m e n t. S e v e ra l n e w s ty le s o f ca rr ie r s h a v e b e e n
b ro u g h t o u t and im p o r ta n t im p r o v e m e n ts o n th o s e p re v io u s ly in use
has resu lted in ra isin g the s ta n d a rd o f o u r d e v ic e s t o a n e x c e lle n c e
n e v e r b e fo re re a ch e d . T h e c o s t o f m a n u fa ctu re a n d in sta lla tio n o n
|th e o th e r h a n d ha* b een m a te ria lly re d u ce d . O rd ers o n hand ca ll f o r
: a b o v e o n e th ou sa n d sta tio n s, an d th e o u t lo o k f o r n ow b u sin e ss is m o s t
e x c e lle n t f o r th e c o m in g y e a r.
j
j
The report makes the following comparisons:
1898-9.
$ 4 3 7 ,1 9 4
1 89 7 -8 .
$ 4 0 9 ,9 3 6
1896-7.
$ 3 3 8 ,9 6 1
$ 1 98 ,1 3 1
16,135
3 5 ,6 3 0
9 ,6 1 1
4 0 ,9 1 8
2 7 ,9 0 3
1 ,770
$ 6 3 ,7 3 7
2 0 ,5 5 3
4 3 ,1 5 1
8 ,9 1 0
4 2 ,0 9 5
19,391
9 ,3 4 9
$ 7 8 ,4 5 1
1 2 ,8 0 6
3 0 ,6 1 7
1 2 ,3 9 9
4 1 ,6 9 9
12,7-11
$ 2 7 7 ,0 2 7
131*354
1 5 .0 0 0
$ 2 0 2 ,T ill
6 5 ,8 7 7
$ 1 5 0 ,2 4 5
1 3 1 ,3 5 4
$ 1 3 0 ,6 7 3
$ 2 1 1 ,4 7 1
n o
$ 1 3 7 ,0 7 4
$ 1 2 6 ,8 5 3
5 2 ,4 5 6
$ 1 8 ,8 9 1
$ 1 2 9 ,0 5 1
2 1 ,9 8 9
S u rp lu s M a rch 3 1 ................. $ 3 4 2 ,0 3 4
$ 2 1 1 ,4 7 1
GENERAL BALANCE St!LET ON MARCH 31.
A tsttt1899.
1898,
$ 3 3 ,0 3 9
$ 1 8 ,4 0 1
C a s h ............................................... ..
5.21.2
6 ,4 2 5
N o te s r e c e iv a b le ............. ......
$ 3 ,3 1 4 ,5 5 5 A cco u n t# r e c e iv a b le ........... . a.
2 0 6 ,6 4 1
3 1 8 ,1 6 3
7 0 8 ,3 8 3 S tore »e r v lo e . rem a in d u e . .2 7 ,3 3 4
2 9 ,3 * 6
.......
2 5 6 .1 7 4
2 2 5 ,4 3 3
S u p p lies per in v e n t o r y '......... .
3 ,0 8 3
F u rn itu re ....................................
$ 7 0 8 ,3 8 3 P la n t# ...........................................
6 7 3 ,9 4 7
920,►92
I u r e f lt r a c n t # .M. , ..................... ..
8 5 4 ,3 1 4
P a ten t.-. . . . . _______ _______
.
H 0,000
100,000
R eal e s ia te a n d m a c h in e r y ..
1 4 0 ,2 0 3
1 3 9 ,5 5 8
$ 7 0 8 ,3 8 3 P in k in g f u n d ............. .................
7 7 ,9 5 2
3 8 ,2 9 3
$ 1 2 6 ,8 5 3
; G ro ss e a rn in g * .....................
! Expcnte*—
C o n s tru e tlo n a c c o u n t .................
In su ra n ce and t a x e s .........
E x p e n s e a c o o u n t ,................
E egal e x p e n s e s ..,.............
M a in t e n a n c e ...............
EARNING*, EXPENSE*, ETC.
B ond i n t e r e s t . ............ .
R eceip t*—
I $ 9 8 -9 .
1 8 9 7 -8 ,
1896-7.
1 89 5 -6 .
I
$ 3 ,9 5 9 ,0 1 3 $ 3 ,6 6 9 ,4 7 7 $ 3 ,7 5 9 ,3 3 7 f3 .H S 6 .8 7 8 j G e n e ra l i n t e r e s t . ...............
Gross net* from S.8
Mall*.....................
1 5 .7 0 7
5 5 .9 1 7
6 9 .3 3 3
7 4 .0 6 0 1
1 1 3 .1 4 7
1 3 1 ,1 5 2
1 0 6 ,8 4 6
1 3 3 ,8 2 1
M i» o « l. c o l l e c t i o n * ..
.
3 2 ,9 4 7
4 7 ,3 7 5
3 7 .2 7 3
11.134 D iv id e n d s ............. . . .
l o t . o n lo a n * , e t c .. „
G u a r a n ty a c c o u n t .
E x c h a n g e ........... .........
1 6 1 ,3 0 0
1 8 7 ,3 5 9
140 ,74 5
T o t a l..............................$ 1 ,1 4 0 ,7 1 3 $ * ,0 6 4 ,2 2 1 $4,140,14S) $ 4 ,2 2 2 ,9 3 8
E x p en se*—
S te a m e r e x p e a * !* ........... $ ’ ,0 6 5 ,3 7 2 $ 2 ,4 1 8 ,2 2 1 $ 2 ,4 9 7 ,8 0 7 $ 2 ,4 9 9 ,1 1 4
A g e n c y e x p e n se s
. . . . . . 4 6 0 .55
7 3 1 .5 1 6
6 9 3 ,3 3 9
7 3 57.7 9 0
G e n e ra l e x p e n s e s ....................................8 0 ,1 3940 ,9 1 9
54.419
5 9 .3 5 2
3 5 .3 9 3
M is c e lla n e o u s . . . . . . . . . . .
7 9 .5 0 7
...............
5 0 .7 4 7
E x ch a n g e ........................ .
6 8 .9 3 a
1 5 0 ,0 0 0
1 5 0 ,0 0 0
1 5 0 ,0 0 0i)
G e a ‘1 an d e x ’ y r e p a ir * ..
3 4 9 .3 8 0
T o t a l ........... ................... $ 3 ,0 2 4 ,3 7 7 $3 ,4 4 3 ,6 7 7 $ 3 ,4 2 5 ,9 9 1
B a la n o e ..........................
1 .1 U .3 3 6
8 2 0 .5 4 3
7 1 4 ,2 3 9
D iv id e n d s ............. ............. (2 < *)5 0 0 ,0 00 (8 )4 0 0 ,0 0 0 (1 1 2 0 0 ,0 00
B a l a n c e . . . . . . .............
D e d u c t lo s s 9 .8 . Starb u c k ...................................
$ 6 1 8 ,3 3 6
S u rp lu s ............. ..
$ 3 1 8 ,3 2 4
-V. 07, p. 1306.
$ 2 2 0 ,5 4 3
$ 5 1 4 ,2 5 8
$ 2 2 0 ,5 4 3
$ 5 1 4 ,2 6 8
2 9 8 ,0 1 2
Previous i«j
Written off..
T o t a l ............................. .
.$ 2 ,5 1 5 ,8 3 1
L iao Hit if* —
C a p ita l s t o c k ........... ...............
$ 1 ,6 4 1 ,9 2 5
fBalance Sheet o f Dec. 31, 189S.J
H onda................... a........................ .
5 0 0 ,0 0 0
5 0 .0 0 0
ote* p a y a b le ............................
The general balance sheet as of Dec, 31,1898, just issued in |N
A coou n t* p a y a b le ....................
connection with the quarterly distribution of 1 per cent, is i G u a r a n ty ...................... ........ . . . .
1 5 .0 0 0
3 4 2 ,0 3 1
P rofit a n d lo » # .......................... ..
as follow s:
Am erican Cereal Company.
BALANCE SHEET OP PECERBEB 31.
A sset* 1898.
P ro p e r t y a c c o u n t . , . , , ............................ ............... $ 4 ,0 9 2 ,8 3 9
C o n s tru ctio n ............................. . . . . ........................
9 6 4 ,6 3 5
G rain s to c k s , p e r i n v e n t o r y ...................... . . . . .
4 6 6 .9 3 9
Manufactured product*, per Inventory.......
C o o p e ra g e and bags, p er In v e n to ry .
P a ck a g e m a teria l, per In v en tory ,
S u n d ry s u p p lie s , p e r in v e n to r y ..
B ills r e c e iv a b l e .,___
A c c o u n ts r e c e iv a b le ..................... ..
C ash o n hand a n d iu b a n k * .........
551,390
56,675
" 9 . '3 2
1 3 9 ,3 8 9
415
. . . 1 ,2 4 2 ,0 0 9
7 1 .9 6 0
T o t a l........................................................ . . . . , . . . . $ 7 , 5 6 6 , 7 8 2
L ia b ilitie s —
C a p ita l s to c k
____ _________*............ a ,..............f :? f341,7<>o
roortinitfe 0#, J
M D., 1011..........
B ill* p a y a b l e . . . . . ........ ..............................*.........
A c c o u n ts p a y a b l e . . ................
9nrplaccount.............
'1,1*7,300
753.S0O
3 5 0 ,0 7 t
657,320
D e p r e c ia tio n a c c o u n t ... a. . - . - , ------ . . . . .
200,000
P ro fit an d loss a c c o u n t , b a la n c e a t c r e d i t .. . . 1 ,0 0 ? ,6 3 2
$130,01 0
N on e.
$ 2 7 5 ,0 0 0
N one.
B a la n c e ..............................................
$ 2 7 8 ,8 6 7
$ 2 7 5 ,0 0 0
$ 4 3 0 ,0 0 0
I n clu d e s g e n e ra l e x p e n se s , re p a irs , sa la rie s, In terest, ta x e s , i n s u r
a n ce , n e w m a o h in e ry , etc.
(In clu d e s b o n d and m o rtg a g e , $ 3 0 0 ,0 0 0 , w h ic h m a y o r m a y n o t b e
n o w o u ts ta n d in g .
(Advance Report for the year ending April 30th, 1890.)
President C. P. Huntington says: “ Compared with the
result* fer the preceding year the gross receipts increased
$76,493, expenses decreased $419,299, and receipts over ex
penses increased, after deducting the loss of the SS. Starback, $197,780. There was paid on Jane 1, 1893, a dividend
of 1 per cent ($200,000), and on Dec. 1, 1898, a dividend of
1W per cent ($300,000) on the capital stock. Although $349,380 is charged to the year’s expenses for ‘general and ex
traordinary repairs of steamers,' there remained at the close
o f the year an unexpended balance to the credit of this
fund of $214,874.
" T o meet the demands of the steadily increasing traffic of
the Trans-Pacific Line, two steel steamships have been
ordered, to be delivered in December, 1900, and March, 1901.
These vessels have a gross tonnage of 10,000 tons, are to
be 550 feet in length, are to have a speed of 18 knots an
hour and accommodation for 143 first-class and 1,230 steer
age passengers. There has been paid for account of the
construction of these steamers $320,000. The company has
expended $129,473 U . S. currer cy, daring the year, in the
purchase of a controlling interest in the lighterage com
pauies at the ports of Acajutla, Salvador and San Jose de
Guatemala, in Guatemala.
I hese acquisitions will enable
the company to handle its business at said ports with much
greater promptness and economy than was heretofore practicable, and the investment will yield a fair return upon its
cost.
“ The company is free from all indebtedness, except for
current expenses, and had cash on hand in New York, San
Francisco and London, April 30, 1899, of $1,142,807.”
'itatUtic*.— Earnings, expenses, charges, etc., have been as
follows:
1896-97.
189 7 -9 8.
$ 10,00 0,000
6 2 3 ,0 0 f $ 1 ,0 5 o’ boo
3 ,8 9 2 ,8 7 2
4 ,5 0 0 ,0 0 0
5 7 3 ,8 1 1
oi
2 9 -,8 4 1
* 3 4 0 ,00 0
1 89 7 .
$ 3 ,9 5 2 ,3 3 9
8 3 6 ,9 0 0
7 1 3 ,4 1 9
2 8 3 ,6 6 3
6 4 ,1 0 7
7 8 ,8 5 7
7 2 ,9 5 7
7 .0 0 0
971 610
6 0 ,7 6 6
T o t a l........................................ .$ 2 ,5 6 5 ,8 3 1
—V. 6 9, p . 1042.
1897.
$ 2 8 ,7 7 9
6 6 ,2 2 1
3 6 6 ,9 7 4
2 9 ,7 5 1
162,24 3
3 ,1 1 3
0 3 0 ,7 3 0
8 1 5 ,3 2 1
1 5 1 ,6 8 5
1 3 6 ,12 8
$ 2 ,4 0 7 ,5 8 8
$ 2 ,3 9 0 ,9 4 5
$ 1 ,6 4 1 ,9 2 5
5 0 0 ,0 0 0
3 7 ,2 5 0
1 6 ,9 4 2
$ 1 ,6 4 1 ,9 2 5
1 5 8 ,8 0 0
4 0 0 ,5 8 3
2 ,7 8 4
2 11 ,47 1
1 2 6 ,8 5 3
$ 2 ,4 0 7 ,5 8 8
$ 2 ,3 9 0 ,9 4 5
(P eter) Schoenhofen B rew ing Company.
( Report f o r year ending Sept. SO, 1893. J
The company in November, 1898, for the first time,
passed the regular seiai-annual dividend of 3(£ per cent on
preferred stock of £200,000. The reports for the year 1897 8
compare as follows :
REPORT OF BXGLISH COMPAST.
■?7,‘>37,523 ! Receipt*-
1 89 5 -6 .
1 8 9 1 -5 .
£ 2 5 ,6 6 6
£ 2 5 ,4 5 8
P I v. Am.Co.,.fee
D ed u ction *—
0 3 ,3 4 1 ,7 0 0 .
£923
' 1 / 5 7 ,3 0 0 I E xp e u a e a ..........
1 0 ,8 5 0
7 6 6 .0 0 0 1 Den. In te re st..
1 9 8 ,8 -6 D lv . on p re f ... ( 3 V S ) 7 ,0 0 0
6 2 1 .0 0 0
d e f. £ 1 7 2
9 » r . fo r y e a r
2 2 8 ,0 0 0
0 2 4 ,8 3 6
The company’s capitalization is : Ordinary stock, £100,000;
T o t a l........................................................................$ 7 ,5 6 0 ,7 9 2
$ 7 ,0 3 7 ,5 2 3
' A fte r d e d u c t in g tre a su ry b en d # o f $ 4 1 2 ,7 0 0 In 1 89 8 a n d $ 3 1 2 ,7 0 0
in 1 8 9 7 .
The bonds are secured by mortgage for f l , 600,000 to the
Northern Trust Co. of Chicago as trustee. The main office
is in Chicago.— V . 6 9 , p . 831 .
W m , Cramp & Sons’ Ship & Engine B uilding Co.
( Statement f o r year ending A p ril 30, 1899.)
The figure* presented at the annual meeting last- week per
m it the following comparisons with previous years:
preferred, 7 per cent cumulative, £300,000; 5 per cent deben
ture, £317,000.
REPORT OP AMERICAN COMPANY.
1 89 7 -8 .
1 89 6 -7 .
$
$
dale* o f b e e r ( b b l s .) ................... ...1 0 2 ,8 1 7 1 8 4 ,0 7 5
P rofit o f b r e w e r ie s ............................2 3 9 ,4 9 2 21,7,318
151
O th e r i n c o m e . . . ..................
2 ,1 7 7
D e p r e d a t io n a n d r e p a ir s ............... 93,-429 1 0 7 .3 2 9
21,000
S a la r ie s ................................................. 2 1,0 0 0
D iv id e n d E n g lis h c o m p a n y ............ 9 1 ,2 4 9 1 26 ,87 4
Surplus for year................... 35,991
—V . 6 8 , p. 475
1 2 ,2 0 6
1 89 5 -6 .
*
1 8 9 ,4 1 0
2 9 9 ,8 5 7
1 ,6 3 0
1 2 7 ,2 4 5
2 4 ,0 0 0
1 2 4 ,7 5 0
1 8 9 4 -5 .
4^
2 0 8 ,6 1 9
2 .-6 ,9 8 1
9 .7 9 7
9 4 ,0 2 7
2 4 .0 0 0
3 2 3 ,7 5 0
1 5 .4 9 2
4 ,4 0 1
1074
THE CHRONICLE.
[VOL. LXVIII.
be created without the consent of a m ajority of the issue.
The company, which has regularly paid dividends of 8 jjer
cent on its capital ‘ stock of $3 009,000, is a distiller of coal
New Indnstrlul Companies.— I n d e x .—The leading facts tar, manufactures roofing and paving materials and coal tar
which have been published regarding the newindustrial com products, imports and refines Trinidad asphalt, etc. It owns
panies, since the last number of the Investors’ Supple properties in eighteen of the large cities of the country. Geo.
ment appeared, on April 29, may be found by the follow W . Elkins is President and George D. Widener a director.
ing index:
Boston & Maine R R .— Purchase Approved— The stock,
PtlQ*,
Amalgamated Copper..... 820, 870, 1022 : National Carbon.......................... J77 holders on May 24 ratified the purchase of the Eastern R R .
Atooricau Agricultural Cliero.,974, 1-21 ' National Cash Ilefflstor............•• J " '
American Alkali.............025, t>:4, 1021 i National Electric................. 95M.978 of New Hampshire by a vote of 119,576 to 1.— V . 68, p. 925.
American Bicycle.................074, l"2l National Light X P .w e r.............. 1025
Boston Breweries Co.— Bonds Offered.— The Produce E x
Tnbe ...... ...... - •
American Hrl« k....................... 026 i National
American (nr A Kounory__1021, 1020 N. Y. Klee. Vrblcle Trausport’n. l02o change Trust Co., New York; the International Trust Co..
American CUlcle.......... 871,1-2*, 1021 1 N. T. Gas & Klee. L. H. & P....... !02-> Boston, and the Industrial Trast Co., Providence, offered
American Ginning................... 122 i Pacific Coast Biscuit .......872,028,978
American Hole A Leather s O. 026. 074 I Park Stei-l ..................................... 9 '* this week for subscription at 103 $3,500,000 of the Boston
American Plumh. 8up. A Lead.821, 074 Planters'Compress C o.............S?6, 872 Breweries Company’s $6,250,000 first mortgage six per cent
American By. Equipment........
071 Repui.lic Iron & Steel...............
American Smul! Imr A Keflnlng.. 076 R ob ber G oods M an u factu rin g-- 8 2 30-year sinking fund gold bonds, dated June 1 , 1899, matur
,078
American Steel Hoop.............. 870 Moss Iron A Steel.....................
American Vlinear................... 821 Standard M e tsl........................... 970.1026 ing June 1, 1929, interest payable June and December; Inter
Bethlehem Steel..................... 076 lln on Bag A P aper........................ 979 national Trust Co., of Boston, Trustee. Of the authorized
Union
Steel
A
Chain......................
829
Boston Breweries.................... 1'22
issue $2,750 000 had previously been taken by the vendors and
Brooklyn llixik X Terminal......
076 | United Eloc. Light A Power of
Carnegie Steel.........870. w25. {>75. 102< | B a llim o re....... ............................... 929 by private subscription. The prospectus says:
GENERAL INVESTMENT
NEWS.
Columbia Electric Vehicle.......
02(5 United F ru it................................ 9*0
Federal 8ewer Pipe................. 026 I U nited P o w e r A Trans. ................ 929
General Carringo................ 026. 076 I United States F lour MUl'g.629. -73. 929
Illinois Electric Vehicle Trans.. 027 I U nited States W o r s te d ......830,1026
Manufactured Buhber..........077.1026 United States G lu e .................. 979
Akron Bedford & Cleveland RR.—Akron Traction &
Electric Co.— C o n s o li d a t i o n — T h e stockholders of the Akron
Bedford & Cleveland RR. will vote July 3,1899, on a proposi
tion to ratify the “ agreement of consolidation heretofore
entered into by and between the Akron Traction & Electric
Co. and the Akron Bedford & Cleveland RR. Co. under date
of May 26, 1899,” and to appoint a time for the election of
the directors and other officers of the consolidated company.
The consolidation, it is understood, will be effected under
thenameiof the Northern Ohio Traction Co., with a capital
stock of $3,000,000.— V. 68, p. 425, 869.
Ainasa Lyon Umbrella Co.— N e w S to c k .—A block of $200,000 treasury stock is offered at par to supply additional
working capital with which to enlarge the business. The
capital stock is $500,000; par $50. “ The business has been
established a quarter of a century, and has at times exceeded
$700,000 per annum, at an approximate net profit of 10 per
cent, or $70,000; it is expected that with the increased capital
a hnsiness of $1,000,000 per annum will he done.”
American Brick Co. — O fficers.— S t a t u s .—This company,
organized to control and operate the leading brick-making
plants along the Hudson River, is engaged in a careful in
vestigation, by borings and otherwise, to determine the
value of the several plants on which it has options. In the
meantime, and probably for the remainder of the present cal
endar year, the corporate existence of the various companies
eventually to be consolidated will be maintained, The new
company has elected officers and directors as follows:
President, Oakleigli Thorne; Vice-President, Robert Main; Secre
tary Treasurer, Edwin Thorne.
Directors—Samuel Thorne, President of the Pennsylvania Coal Co.;
Grant B. Sohley, of Moore & Schley; Daniel 8. Lamont, Vice President
of the Northern Paclflo Ry ; R. Somers Ha'es, President of the St.
Paul <fcDuluth Ry ; Oakleigli Thorne, Edwin Thorne, Aaron E. Ald
ridge and Robert Main.
The capital of the company was recently increased to
$15,000,000, of which $7,500,000 is to be 7 percent non-cumulative preferred.—V. 68, p. 925.
American Car & Foundry Co.— F ir s t D iv id e n d .—The com
pany has declared a dividend of 1 % per cent on its preferred
stock, payable July 1 at the office of the Guaranty Trust
Co. of New York. For the quarter ended May 31 the busi
ness included; Freight cais, 15,245; passenger cars, 48;
car wheels, 176,193; castings, 17,743 tons; bar iron, 15,000
tons; axles, 3,000 tons; cast-iron pipe, 1,600 tons.—V, 68, p.
1021, 1029.
American Woolen Co.— P u r c h a s ed ,— T h e company, it is
reported, has bought the mills of the Mascoma Flannel Co.
and Riverside Woolen Co. of Lebanon. The Mascoma mills
have been idle for more than six months.—Y . 68, p . 770.
Baltimore & Ohio Southwestern Ily .— F o reclo su re S a le.—
Judge Thompson, of the United States Court, at Cincinnati
on May 27 issued an order of sale for the property. Gen. B.
R. Cowen, of Cincinnati, is made master commissioner to
make the sale, and is directed to give four weeks’ notice of
the day, to be selected by himself. The sale will he at Cin
cinnati. The property is to be offered in parcels and as an
entirety. The lowest bid to he received as an entirety is
$3,500,000.- V. 68, p. 878.
Baltimore & Ohio RR .— M e e t in g to A u t h o r iz e N ew S to ck
a n d to c a r r y o u t
B . & O. S o u th w e ste r n R e o r g a n iz a tio n .—
T h e o o m p a n y has B een in c o r p o r a te d u n d e r th e la w s o f N e w J e rs e y
fo r th e p u rp o s e o f a cq u irin g o w n e rsh ip o f th e fo llo w in g a le a n d P eer
b re w e r y p ro p e rtie s, situ a ted in th e city o f B o sto n , v iz .;
A m e r io a n B re w in g C o.
P u r ita n B r e w in g Co.
A lle y B re w in g C om p a n y .
S ta r B re w in g C o.
n a n le y & C asey B re w e r y C o.
P a rk B re w e r y .
M cC o rm io k B re w e ry Co.
F ra n k lin B r e w in g Co.
U n io n B re w in g C om p a n y .
H u b B r e w in g C o.
A n d also a co n tr o llin g in te re st in th e s to c k o f th e B o s to n B e e r C o.,
w h ich was t s p e o ia lly o h a rte re d b y M a s sa ch u se tts in 1 82 8 . T h e
p o ss e s sio n o f th is s p eola l o h a rte r is o f g r e a t v a lu e t o th e c o n s o lid a te d
o om p a n y . T he a v e ra g e annual o u t p u t o f th e se b re w e r ie s (e x c lu s iv e
o f th e H ub, w h ich , b e in g e n tire ly n e w , b a s o n ly r e c e n t ly s ta rte d
op e ra tio n s) f o r tw o and a -h a lf y e a rs e n d in g w ith 1 898 w a s 5 0 5 0 0 0
bDls. T h e co m b in e d e sta b lish m e n ts h a v e a t o ta l c a n a o lt y o f o v e r
l , f 0 0 ,0 0 0 bbls. T he v a lu e o f th e a b o v e p la n ts has b e e n a p p ra ise d a t
$ 9,3 3 3 ,0 0 0 , o x o lu s lv e o f p e rs o n a l a ss e ts o r w o r k in g ca p ita l. T h e
oom p a n y w ill b e g iu b u sin e ss w ith an a e tiv e w o r k in g o a p lta l (c o n
sistin g o f ca sh , b ills r e c e iv a b le , su p p lie s , e to .) o f a b o u t $ 1 ,10 0 ,0 00,
w h ich is a m p le f o r s u c c e s s fu l o p e r a tio n , and w ith n o o b lig a tio n s
b e y o n d th e a b o v e iss u e o f b o n d s.
T h e co m p a n y w ill issu e 7 p e r c e n t p r e fe r r e d s to c k , $ 6 ,5 0 0 ,0 0 0 ;
c o m m o n s to c k , $ 3 ,2 5 0 ,0 0 0 ; first m o r tg a g e , 6 p e r ce n t, 3 0 -y e a r sin k in g
fu n d g o ld b o n d s, $ 6 ,2 5 0 ,0 0 0 . T h e a v e ra g e a n n u a l n e t e a r n in g s o f
ten co m p a n ie s, as ce rtilie d b y th e a cco u n ta n ts , is $ 6 3 h, 303 ; a d d n e t
ea rn in g s o f th e H u b B re w in g C o m p a n y , $ 5 0 ,0 0 0 ; a d d o n e -h a lf o f
e x p e c te d s a v in g s an d e co n o m ie s , $ 2 0 0 ,0 0 0 ; t o ta l, $ 8 8 6 ,3 0 8 . T h e 6
p e r c e n t in te re s t o n $ 6 ,2 5 0 ,0 0 0 bondB ca lls f o r $ 3 7 5 ,0 0 0 .
O fficers—P resid en t, H a rris o n IV. H u g u le y , P re s id e n t o f th e B o s to n
B re w e rs’ B o a r d o f T ra d e; V ic e -P re s id e n ts , W illia m A . M ille r, la m e s
D .'C a se y , T h om a s M cC o rm ick ; S e cre ta ry a n d T re a s u re r, F r e d e r ic k J .
A lle y .
D ire c to r s —H a rris o n W . H u g u le y , J a m e s D . C asey, W illia m A ,
M ille r, T h o m a s M oC o rm ick , F r e d e r ic k J . A lle y , J a m e s W . K e n n e y ,
D a n ie l Shea, J o h n J. C o llin s , N e lso n J. W a te rb u r y , <uavid M u rd o ck ,
C harles N. K ing.
Provision is made in the mortgage for the payment (after
1901) of $50,000 per year, which, with the accnmulations of
the sinking fund, will be employed in purchasing bonds for
that fund. If the bonds cannot be bought in the open
market at less than 110 and interest, they may be drawn by
lot at that price.— Y . 68, p. 1022.
Butte City W a te r Co.— Receiver. — On M ay 26 the com
pany was placed in the hands of a receiver by Judge
Knowles, on the application of the Massachusetts Loan &
Trust Co., trustee under a mortgage securing $2,000,000
bonds, interest on which is in default. It is reported that
the reorganized property will be controlled by the A m alga
mated Copper Co.
Calumet Electric Street Ry. o f Chicago.— Receiver’s Cer
tificates.— A t Chicago, on May 26, Judge Kohlsaat, in the
United States Circuit Court, authorized the issue of $850,000
5 per cent receiver’s certificates, due in or before 1904. Part
of the issue is to be used to pay off indebtedness of $368,200,
and the rest for necessary improvements, etc. The liabilities
are as follows: First mortgage bonds issued Sept. 1, 1892,
for $51,000; receiver’s certificates, dated June 1, 1897, for
$200,000; special receiver’s certificates, dated Nov. 16, 1898,
for $1,700; receiver’s promissory notes, dated Jan. 9,1899, for
$54,500; order of court for improvement of road for $58,000.
— V . 67, p. 1002.
Carnegie Steel Co.— Output.— The Pittsburg Chamber
of Commerce, in its year book just issued, gives the produc
tion of the Carnegie Steel Co. in 1898 as 2,063,466 gross tons
of pig iron, ferromanganese and other blast furnace products,
while 2,171,225 gross tons of steel ingots were rolled into fin
ished products. The company also produced 55,154 gross
tons of finished castings.— V . 68, p. 1022.
Chicago & H arlem Railw ay— Lake Street Elevated R R .
New Mortgage.— The Chicago & Harlem Railway Co., suc
cessor of the Chicago & Harlem Railroad Co., has executed
a mortgage to the Equitable Trust Co. of Chicago, as trustee,
to secure 5 per ceDt gold bonds due May 1, 1939, interest
payable May 1 and November 1 . The first $1,000,000 bonds
are to be certified from time to time to pay lor constructing
and equipping the road described in the mortgage; addi
tional bonds to an unlimited amount may be issued to cover
75 per cent of the actual co3t of the following:
The holders of trust certificates issued for the preferred
and common stock pursuant to the voting trust agreement of
June 22, 1898, are notified that a meeting will he held at the
office of the company, No. 2 Wall Street, New York, on
June 2 6 ,1S99, for the purpose of authorizing the issue of
$20,000,000 additional preferred stock and $10,000,000 addi
tional common stock, in order to carry out the plan for the
reorganization of the Baltimore & Ohio Southwestern Rail
B u ild in g ra ilro a d a d d itio n a l t o th a t a u th o riz e d b y th e a fo r e s a id
way Co., dated Dec. 15, 1898. The stock itself will vote on o rd in a n c e ; a cq u irin g r ig h t o f w a y ; a c q u ir in g o th e r r a ilr o a d s b y p u r
ch a s e , le a se o r o th e rw is e ; co m p le tin g , fin ish in g , im p r o v in g , m a in ta in the same proposition on June 28.— V. 68, p. 1022.
m g a n d o p e ra tin g its r a ilr o a d o th e r th a n t h a t s p e c ifie d in th e a fo r e
Barrett .Manufacturing C o — B o n d s O ffered .—George A. said o rd in a n c e , a n d a cq u irin g t e r m in a l fa c ilitie s.
Hnbn & Sons of Philadelphia have received subscriptions at
The mortgage made by the railroad company in 1898 will
par and interest to $584,000 five per cent first mortgage gold be discharged of record.— V. 66, p. 759 ; V . 68, p. 128.
bonds, due 1939, the unsold balance of a total issue of $2,500 Chicago B urlington & Quincy R R .—Bonds a Legal In
000. The right is reserved to call the bonds in 1919 at 110 vestment for Massachusetts Savings Banks.— In Massachu
and interest, while no prior mortgage, it is provided, shall setts, recently, Attorney-General Knowlton rendered a decis-
J une 3, 1899.]
THE
CHRONICLE.
ion affirming that the bonds of the company are legal invest
ments for Massachusetts savings banks.— V . 68, p. 1023.
Chicago Laundry Co.— Consolidation— <tock Offering.—
Subscriptions were opened in Chicago on May 24 at the lit le
Guarantee & Trust Co., 108 La Salle St., and W . B. Goods .V
Co., 503 Chicago Stock Exchange Building for $1,500*000 of
this new company’s preferred stock at par with a bonus of
100 per cent in common stock. The company is organized
to acquire about 90 per cent of the laundry business of Chi
cago, the concerns to be taken over numbering about seventyfive and leaving unacquired only about twenty-five, all of the
latter, it is said, being of small imoortauce. The authorized
capital stock will be as follow s: Preferred stock, 7 per cent
cumulative, $3,000,000; common stock, $4,000,000. W ith the
proceeds of the $ 1, 500, 1*00 pieferred shares offered to the pub
lic it is proposed to provide $250,000 cash working capital
and to apply the remainder to the purchase of the properties
acquired. The vendors agree to take in stock $1 500,000 of
preferred and a like amount of common, leaving $1,000,COO of
common stock for other purposes.
Chicago Union Traction Co.— W est Chicago Street K B .
— North Chicago Street K B .— Leases Ratified —A t Chicago
esterday the stockholders of the North and W est Chicago
treet RR. companies voted to lease the systems to the
Chicago Union Traction Co. President Charles T. Yerkes
will also retire as an active official of the Chicago Street
R B .— V . 68, p. 976.
Cleveland Akron k Columbus Ry.— Lake Erie & W estern
R R . — Pennsylvania H h .— Tran sfer o f Control.—'The Lake
Erie & W ee tern has sold to the Pennsylvania RR. Co. its hold
ing of a controlling interest in the stock of the Cleveland
Akron & Columbus, this bolding amounting to $2,237,500 of
the total share capital of $4,000,000. The transfer waa made
June 1. It is supposed that the C. A , & C. second mortgage
bonds will be redeemed at par A u g. 1, 1900, under the pro
vision in the mortgage. N o provision waa made iD the sale
just made for the minority interest in the stock.— V , 68, p.
925; V . 68, p. 719; V . 09, p. 825.
Concord & Montreal R R . — Extension and New Bonds.—
On May 24 the stockholders voted to authorize 'the building
o f a branch railroad from some convenient point on the line
of the Manchester & North W eare RR. in the city of Man
chester, or Goffstown, west of the Merrimac River, to some
convenient point in the town of Milford; said branch to be
built as a permanent addition to the Concord & Montreal
R R , under provisions of the lease to the Boston & Maine
R R . dated June 29, 1895, and that the bonds of the corpora
tion be increased to such an amount, not exceeding$300,000,
as may be necessaiy for the building of such branch road,”—
V. 65, p, 26.
Connecticut Lighting & Power Co.— Pending M erger.—
A . M. Young, of Waterbury, A . M. Paige, of Bridgeport,
and a syndicate of New York capitalists, ft is reported, are
planning to unite under this title various Connecticut trolley
roads. Including tbe Central Railway & Electric Co. o f New
Britain, Norwalk Street Railway Co.. Waterbnry Traction
Co., Norwalk Tram way, Bridgeport Traction Co., Westport
& Sauga'nck. Winchester Avenue RR. of New Haven, Derby
Street R R ., Bristol & Plainville and tbe Shelton Street R ail
way Co. The plan is said to be construct extensions so as to
foTin a through line from Waterbury to New Haven and
from New Haven to Stamford.
Consolidated Lake Superior Co.— Michigan Lake Super
ior Power C o .-L a k e Superior Power Co.— New Company
to Develop Sault Ste. Marie Water-Power, Etc,— The Consoli
dated Lake Superior Co., Incorporated by Special A ct of the
Legislature of Connecticut, has been organized by Philadelbia parties to acquire and develop the already partially
eveloped water-power, estimated at 200,000 hydraulic horse
power, at Sault Ste. Marie, Michigan and Ontario, to acquire,
develop and utilize large mineral deposits—nickel, copper and
iron— found in this section, and for the refining of which a
portion of the electrical energy created will be naed; also to
utilize the timber resource* of the adjacent country. Tbe
company has excellent facilities for shipment by water to all
Lake ports, and also owns a belt line railway, extending
through ita properties on either side of the nver, affording
the best of connections for rail shipments, The capital stock
of the following companies, now operating at Sault Ste.
Marie, is to be acquired ; Lake Superior Power C o ,; Michigan
Lake Superior Power C o.; Sault Ste. Marie Pulp and Paper
C o., and the Tsgona Water & Light Co. The prospectus
says that through the acquisition of the capital stock of said
companies, together with other properties, rights and fran
chisee now being acquired, the new company will become
possessed of the following assets:
VI) L a n d s a n d w a te r-p o w e r rig h ts at B anlt Ste. M a rie, M ichigan
1075
su b sta n tia l p o w e r c a n a l a n d s to n e p o w e r s ta tio n . T h is c a n a l is b e in g
e m p lo y e d , to the. e x t e n t o f a b o u t th re e -fo u r th s o f its c a p a c ity , in o p
e ra tin g the m ills o f th e S a u lt S te. M a rie P u lp A P a p er C o „ le a v in g
a b o u t 5 ,0 0 0 H .P . n o w a v a ila b le , a n d t o b e first nsed In th e n ic k e l s te e l
an d r e d u c tio n w o r k s n o w b e in g esta b lish ed . T h e r e m a in in g 8 0 ,0 0 0
H .P . o n th e C an ad ia n s id e is s u s c e p tib le o f th e m o st e c o n o m ic a l d e
v e lo p m e n t, w h ich it is p r o p o s e d to p r o c e e d w ith a t on ce.
(3) P u lp M ills. T h e se m ills o re a m o n g th e la rg e s t o f th e ir k in d In
th e w o rld , a n d are y ie ld in g an a n n u al n e t p ro fit o f a b o u t *1 5 0 ,0 0 0 .
(4) M a ch in e S h o p s a n d F o u n d ry . T h e s e w o r k s a re n e w a n d o f t h e
m o s t m o d e rn d e sig n , a n d e q u ip p e d fo r m a n u fa ctu re o f p u lo a n d p a p e r
m ill, h y d r a u lic , m in in g , s u ie .tiu g a n d e le ctrica l m a c h in e ry . T h e n e t
re v e n u e o f th e se w o r k s f o r the y e a r 1S9S w a s $ 3 5 ,0 0 0 a n d th e b u s i
ness is in cre a sin g .
(5) F o re s ts. B y a c o n tr a c t w ith th e P r o v in c e o f O n ta rio , this c o m
p a n y o w n s a g r a n t o f tim b e r fr o m G o v e r n m e n t la n d s, e q u iv a le n t to
th e g r o w th ui o n 1,0 0 0 s qu are m iles o f v ir g in fo re s t, situ a ted n o r th
and w e s t o f th e c o m p a n y ’ s w o r k s, a n d so lo c a te d as t o Insure a n in e x
h a u stib le s u p p ly o f p u lp w o o d a n d tim b e r a t lo w e s t p o ss ib le co s t.
I6 i N ick e l s te e l. T h e n ick e l m in es o f the e o m p a u y a re lo c a te d In
th e c e le b ra te d S u d b u ry N ick e l R a n g e In C a n a d a , an d in o lu a e an a re a
u p w a rd s o f 5 0 0 a cre s , a n d a re e s tim a te d t o b e c a p a b le o f an o u t p u t o f
s e v e ra l th o u s a n d to n s d a ily . T he n e w p r o ce s s , n lekel ste e l, o f th e
e o n p a n y is th e resu lt o f so m e y e a rs o f so fe n tlllc resea roh a n d e r p e r i
rnent at th e w o r k s o f th e L a k e S u p e rio r P o w e r C o ,, a t S an lt S te. M a rie,
O n ta rio . T h e c o m p a n y has a g re e d t o s e ll t o th e K ru p p W o rk s a t
E ssen , G e r m a n y , all th e n ic k e l ste e l it o a n p r o d u c e f o r a te rm o f fiv e
y e a rs , u p t o 2 5 0 t o n s d a ily .
The authorized capital stock is $20,000,Of 0, consisting of
400,Of. 0 shares, $50 each, v iz.: 120,000 shares, 7 per cent noncnmulativa preferred stock and 280,000 shares common
stock. O f th ese,30,000 shares preferred and 235,000 common
are issued for properties acquired, and 90,000 shares preferred,
$5 called, are offered for subscription, with 45,000 shares of
full paid common as bonus. Tue next instalment of $5 per
share on the preferred stock, it is understood, will be payable
July 1 , after which it is expected no further call will be made
this year. “ There will be available as required, for con
struction and working capital, the sum of $4,500,000 in cash.”
Tbe directors are as follows:
E.
V . D c u g l* * , P re s id e n t C o n s o lid a te d L a k e S u p e rio r C o ,, F h i l a .
d e lp h la : W . P, D o u g la s, S e cre ta ry C o n s o lid a te d L a k e S u p e rio r Co.
P hllud elp kta; T. C. S ea rch , T re a s u re r J o h n B. S te ts o n C o .; H a r r y A
B erw liut. B e rw ln d -W h lte C oal M in in g C o ,; J o h n P itca ir n , P r e s i
d e n t P lt t -b u r g P la te G la ss C o.; J a m e s B u tte r w o rth , P re s id e n t H ,
W. B n t u r w o r t h A- Son* C o.; S am u el R . S h ip le y . P re s id e n t P r o v i
d en t L ife A T ru st C o .; J » u ea S. S w a m , T r e a s u r e r In te rn a tio n a l
N a v ig a tio n C o .;
H on . L y n d e
H a rris o n , A tto rn e y -a t la w , N e w
H a v e n , C o n n .; F. 8 . L e w is , T re a s u re r P e n n s y lv a n ia A N o rth w e s te rn
R R .; F . H C le rq u e , P re s id e n t S au lt S te. M a rie P u lp A P a p e r Co.
Continental Cotton Oil Co.—New Project.— The “ Manu
facturers' Record" has the following regarding this new
company, which C. L. Rathborne & Co. are financing :
I t Is e x p e c te d that s u b s cr ip tio n s t o th e s to c k w ill b e r e c e iv e d In a
fe w d a y s. O p tion * h a v e liven ta k e n o n s e v e n o f th e la r g e s t p la n ta in
th e S ou th , a ll o f w h ich , w ith o n e e x c e p t io n , a r e l o e a t e a w e s t o f the
M ississip p i R iv e r. T he co m p a n ie s o f the n ew c o m b in e a re P a ris O il
A C o tto n C o ,, P a ris. T e x a - ; C o rsic a n a C o tto n O il C o ,, C o rsica n a ,
C en tra l T e x a * C o tto n O il C o . T e m p le , T e x a s ; W a x a h a i h ie C o tto n
O il C o., W u ia h n c h le , L a d o n la C o tto n OH C o ., L a d o u la , S h re v e p o rt G ot
te n O il C o.. S h re v e p o rt, L a ., a n d J a c k s o n C otton O U C o ., J a c k s o n , Miss.
T h e cru sh in g c a p a c ity o f th e n o w c o m p a n y la a b o u t 1 ,0 0 0 to n s p e r
d a y. T h e fin a n cia l p la n d iv id e * th e sto o k Into $ 3 ,0 0 0 ,0 0 0 c o m m o n
an d *3.0.0,000 p re fe rr e d , th e la tte r b e in g 7 p e r c e n t ou m a la U v e .
The plan provides that a B u m not less thau $1,250,000 shall
be retained in the treasury for enlarging the business,
acquiring new property and building new plants.— V . 68,
p. 670.
Diamond Match Co.-Continental Match C o. -P u rch a sed
New Stork.—The Diamond Match Co., it is announced, has
arranged to purchase from E l win Gould control of his Con
tinental Match Co., whose plants are situated at Passaic,
N. J., Ogdensburg, N. Y .. and Kankakee, III. To effect the
pntchase the Diamond Mntch Co. will issue $ l j 00,000 new
stcck, part of an additional $3,COO,000 or $4,000,000 new
stock which it is proposed to create. From the balance of
the new shares the intention is to acquire several independ
ent factories on which the Diamond Match Co. has options,
and which will give it practical oontrol of the output of
matches in tbe United States, A portion at least of the
n««- stock, it is expected, will be sold at par to the com
pany’s stockholders. Mr. Gould, it is reported, will become
a director o f the Diamond Match Co.— V. 68, p. 976.
Electric Co. o f Am erica.— Purchase.—It is reported that
the company has acquired control of the W heeling, W . Va.,
electric-light plant. The Atlantic City Electric Light Co.,
which is owned by the Electric Company of America is en
gaged in a contest with the Atlantic City Gas & W ater Co.,
which also supplies electric lights.— V . 68, p. 822.
E ljto n Company .—Reorganization Plan.—A plan for the
reorganization of the company under agreement dated Oct.
4, 1899. haa been prepared and adopted by the committee,
consisting of W illiam Halls, Jr.. Chairman; Angnstus W .
Kellev, Alexander D. Seymour, Thomas G. Jones and W i l
liam T. Hardie. Copies of the plan have been lodged with
the depositories named in the agreement, v iz.: Union Trust
Co. of New York, Birmingham Trust & Savings Company,
Birmingham, A la ., and W hitney National Bank, New Or
[M ich ig a n L a k e S u p erior P o w e r C o .], stifllelen t f o r d e v e lo p m e n t o f leans. The plan will be binding upon all the security hold
0 0 ,0 0 0 H .P . T h e h y d ra u lic u su a l, p o w e r sta tio n , a n d Insta llation o f ers. who shall not withdraw stock or bonds represented by
h y d ra u lic m a c h in e ry a re n o w u n d er c o n s t r u c tio n , and w ill b e co m
certificates on or before June 20, 1899.— V. 67, p. 955.
D ieted in A p ril o f n e x t y e a r A n issue o f S 3 ,5 0 0 ,0 0 0 , live p e r c e n t
n ft y y e a r b on d s, s e cu re d o n ly o n 111 la d e v e lo p m e n t o f 6 0 .0 0 0 H ,P . on
Erie RH.— New Castle & Sheiiango T alley R R .— Control
the M ich ig a n sid e it.be p r o c e e d s o f w h ic h w i l l fu lly c o m p le te the s a m e ), of Stock.— A controlling interest in the capital stock of the
ha* b e e n su b scr ib e d fo r , an d o n e -h a lf o f th is h orse p o w e r has been
New
Castle & Staenango Valley R R . has been acquired in tbe
lea sed fo r a p e rio d o f 25 y e a rs to th e U nion C a rb id e (Jo, o f N ew Y o r k
and C h ica g o, at an a n n u a l ren ta l o f * 2 0 0 ,0 0 0 , w h ic h w ill sn r ic e to interest of the Erie R R . through the purchase of thestockof
p a y th e In terest on the e n tire b on d Issne a t d o p e r a tin g e x p e n se * . T he George W . Johnson and others. The line has been operated
r e s u ltin g r e ; r n u e a risin g fro m t.he s a le o f th e rem a in in g p o w e r o f this
It0,4)00 H .P , d e v e lo p m e n t, to ten a n t* n o w a p p ly in g fo r sam e to tills by the Erie under lease.— V , 68, p. 976.
c o m p a n y , sh ou ld e q u a l * 250,000 p e r annu m .
E xeter Hampton & Am esbnry St. R j.— Consolidation.—
|2) L ands and w a te r-p o w e r rig h ts a t S an lt Ste. M a rie, O n ta rio
[L a k e s u p e r io r P o w e r C o.L c o n tr o llin g th e d e v e lo p m e n i o f 1 0 0 ,0 0 0 New Secu rities— This company having acquired all the prop
H ,P , o f w h ich a b o u t 2 0 ,0 0 0 H .P , haa b een d e v e lo p e d b y m ea n s o f a erty, assets and franchises of the Exeter Street Iiy., the
10,6
THE
C H R O N IC LE .
Hampton & Amcebnry Street railroad and the Rockingham
Electric Co. of Exeter has applied to the New Hampshire
Mate Railroad Commissioners for authority to issue $223,000
each of capital stock and first mortgage bonds.—V. 69, p. 379.
Flcmington Coal & Coke.—Re-incorporated.—This com
pany, whose stock is traded in among the “ outside"’ secur
ities of the New York market, was re-incorporated recently
under the laws of West Virginia. Its auth orize capital
stock is S3,000,010, par value $100. The property is situated
near Grafton, W . V a., on the B. & O. R R . Its output, at
present 1,500 tons a d iy , will shortly, it is said, be increased
to 3,000 tons. The company reports the orders and contracts
on its books as upwards of 1,000,000 tons. The coal is similar
to the Pocahontas coal. The directors and offi ;ers are:
S L. Sln»P*on. F. J . Dunham , H. D ow d , J. J. B ennett, C. A . C am pb e ll. A. N. Purlin. C. G C orn ell. Col. J. M cN anglit. G en eral J. Ft.
O’ B elrne. A. R l’ lek. H . U. M elville. H. W. Rusk and M. E. B renn an .
P resid en t, e. I,. S im pson, 32 B roa d w a y, N ew Y o r k ; T rea s u re r,
CUas. G . C o r n e ll; S ecreta ry, R. E. L ea vitt.
The company was organized with $1,000,000 capital, under
the laws of New York State about five years ago, and the
present re incorporation is merely an enlargement of the old
concern. Ths property consists of 2,500 acres of bituminous
coal land.
Federal Sewer r ip e Co.— Subscriptions Called.— P. J.
Goodhart & Co. and Simon Borg & Co. have sent out notices
calling in the cash subscriptions to the Federal Sewer Pipe
Co. This company was incorporated under the laws of Dela
ware, with a capital of $25,000,000, controlling about fortythree plants throughout the country.—V . 68, p. 926.
Gas & Electric Co. of Bergen County, N. J.— Consolida
tion.—A press despatch from Hackensack, N . J ., says that
the H ickens'ick Gas & Electric Co. has absorbed the lighting
companies of Englewood, Rutherford and Ridgewood, under
the title of the Gas & Electric Company of Bergen County,
with $2,000,000 capital. Frank B. Poor will be President,
the controlling interest remaining in his hands.
Grand Trunk Ry.— Central Vermont Ry.— A g r e e m e n t
R a tified — In London, on May 29, the shareholders of the
[V ol. LXVIII.
F o r 3 7 ,5 0 0 sh ares. A ll th o p ro p e rtie s o r th e e n tire o a p lta l s to c k of
the H ig h la n d M in in g d o .
.
,
,
F or 3 7 ,5 0 0 shares. A ll th e p ro p e rtie s o r the e n t ir e o a p ita l s to c k o f
th e B lack H ills C an al & W ater C o.
_
F o r 10,0 'O shares. A ll th e c a p ita l sto o k o f th e B la o k H ills & F o r t
P ie rre R R . Co.
It is also proposed to increase the number of directors of
the Himestake Mining Co. from the present number of five
LU D C V O U .
The compmies above named are already controlled in the
interest ot the Homestake Company, but it is thought best
that this control should be vested directly in that company
so as to ensure the permanence of the existing friendly rela
tions beyond the possibility of outside parties gaining con
trol upon the death of the present m ajority stockholders.
The water company, especially, is said to be absolutely es
sential to the operations of the Homestake property. The
new issue of stock will not, the insiders say, necessitate a
reduction in the dividend rate.
Hudson Tunnel B y .— Adjourned. — The foreclosure sale
was again postponed on Thursday by Master in Chancery
Randolph Parmly until June 15 and 16. It is thought this
will be the last postponement.— V . 68, p. 871.
International Express Co. - I n Operation.—This com
pany, organized a few months ago (V . 68, p. 232), is now doing
business as general forwarder to all parts of the world.
The general offices are at 52 Broadway, New Y ork
Money
orders, letters of credit, bills of exchange, etc., are fur
nished. The company has established its principal clearing
house for the port of N ew York at 136 and 138 Franklin St.,
“ where a staff of customs experts is employed in the
handling of export and import express and freight ship
ments.” The directors are:
T h om a s A . M c In ty re , o f M c I n ty r e & W a r d w e ll, b a n k e rs an d
b ro k e rs; A lfr e d R. W h itn e y , o f A lf r e d R . W h it n e y & C o. (C arn egie
S teel); L e w is H . S p e n ce , o f S im p so n , S p e n c e & Y o u n g ; E d w a r d G.
B u rgess, P re sid e n t I n te r n a tio n a l E le v a tin g C o .; T im o th y H ’>gan, o f
T. H o g a n & S ons; T u r n e r A B e a ll, P re s id e n t P r o d u c e E x o h a n g e
T ru st Co.; H e n r y P. B o o th , P re s id e n t N e w Y o r k & C u b a M all 8. 8 .
Co. (W a rd L in e ); E d w a rd R . L a d e w , o f F a y e rw e a th e r & L a d e w ;
F r e d e r ic J . M id d le b r o o k , o f B o w e rs & S an ds; E d w a r d C. O’ B rie n ,
e x -P r e s id e n t B oard o f D o ck s o f N e w Y o r k ; W a lte r E . O g ilv ie .
Grand Trunk Ry. unanimously approved the agreement
E. C O’Brien is President [and General Manager.— V . 68,
dated May 1, 1899. for the interenange of traffic with the p. 232.
Central Vermont Ry. Co., the agreement to continue during
International Navigation Co .—Official Statement as to
the currency of the 4 per cent mortgage bonds of the Central Netv Loan.— The new mortgage is for $20,000,000, securing
Vermont. The Grand Trunk Company undertakes in the an issue of 5 per cent gold bonds which are due Feb. 1, 1929,
event of the net receipts of the Central Vermont Company, but subject to call in whole or in part at par and interest
as defined in the agreement, being in any year insufficient to at any time after Feb. 1, 1909. A ll bonds of prior issues have
meet the interest on such bonds, to contribute an amount
been retired and canceled with the exception of 130, which,
sufficient to make good such deficiency, provided that the
under the terms of the mortgage matured and ceased to
Grand Trunk liability on account of such interest payable in
bear interest on March 31, 1899. Money for the payment of
any calendar year shall not exceed 30 per cent of its share of
the old issue still outstanding is on deposit with the trustee.
the gross earnings from traffic interchanged between the
The old mortgages, dated respectively Feb. 1st, 1994, and
two companies.
Oct. 1st, 1893, each to secure the payment of $6,000,000 of
The Grand Trunk Ry. Co., as part of the settlement, re
bonds, have been discharged and satisfied of record. The
ceives $2*180.000 of the $3,000,000 capital stock of the new
new $20,000,000 mortgage is therefore a first lien on all the
Central Vermont Ry. Co., and of the latter’s $12,000,000 new
property described therein, and it will also cover all property
4 per cent bonds (present issue $11,000,000) it acqu res $1.purchased with the proceeds of, say, $8,250,000 of the new
186,000, v iz .: $435,000 in payment of that amount of traffic
balances due by the Central Vermont RR. Co. at the date of issue. The amount of the loan now outstanding is $11,657,000. The sinking fund provision is as follows:
the receivership, and the remaining $751,000 on account of
“ On tlie first d a y o f M a y, 1 9 0 5 , a n d a n n u a lly t h e re a fte r on th e first
investments made by the Grand Trunk Company in the
d a y o f M a y in eaoh a n d e v e r y y e a r (th e c o m p a n y w ill) n a y u n to th e
securities of the Central Vermont RR. Co. The $1,000,000 tru stee th e n e t e a rn in g s w h ich re m a in a fte r th e p a y m e n t o f a ll fix e d
bonds unissued will be set apart and applied as required for ch a rg e s f o r th e p r e c e d in g c a le n d a r y e a r u p to th e sum o f $ 2 5 0 ,0 0 0 , o r
2 0 p e r o e n t o f th e said n e t e a rn in g s f o r th e p r e c e d in g ca le n d a r y e a r,
improvements, etc., ou the Central Vermont.
w h en Buch p e rce n ta g e t h e r e o f shall e x c e e d th e sa id sum o f * 2 5 0 ,0 0 0 ,
General Manager Hays of the Grand Trunk says:
P ro v id e d that the N a v ig a tio n C o m p a n y sh a ll n o t b e re q u ire d h e re b y o r
T h e uew C entral V erm on t tak es p ossession o f th e roa d w ith o u t a b y a n y o th e r p r o v is io n o f th is m o r t g a g e t o p a y t o th e sa id s in k in g fu n d
d o lla r o f Indebtedn ess, and w ith m on ey In the trea su ry. D u rin g the in a n y o n e y e a r m o re th a n $ 5 0 0 ,0 0 0 as a p a r t o f th e s a id n e t e a rn in g s
reoelv ersh lp the ea rn in g s h a v e b e e n ex p e n d e d in betterm ents and im o r o th e rw is e .”
p rov em en ts to th e p ro p e rty . W ith th e n e w ra ils b ou g h t b y th e re
There has been no change in the capital stock, which is as
ce iv e rs this sp rin g w e w ill h a v e all th e m ain lines la id w ith the h ea vy
ra il, and all the Im porta n t b rid g es h a v e been reb u ilt an d b rou g h t up follows: Preferred, authorized,$10,000,000; issued, $9,205,000;
to the p re-en t stand ard ; so th a t w e co n sid e r the secu rities o f th e co m common authorized, $5,000,000; issued, $5,000,000.— V. 68,
p a n y a lirst-class In vestm ent, an d w e h o p e t o m ake them rank in va lu e p. 1024.
w ith those o f any o th er V erm on t ra ilroa d p rop erty. Our id ea in m ak
ing the d irectora te so la rg ely V e rm o n t in its ch a ra cter Is to co r r e c t
Johnstown E lectric Ligh t & Pow er.— Change of Con
a n y Im pression that m ight ex ist that th e ro a d w as to be m an aged by trol.—A majority of the stock of this company as also of the
w hat has been ca lled aii " a lien " co r p o r a tio n . N o ra d ica l ch an ge w ill
b e m ade In the e x is tin g ord er o f a ffairs s o fa r as p erta in s to the o p e r G oversville Electric Co. is reported to have been trans
ation o f the road.
ferred to the Brady-Widener syndicate at N ew York.
The new Central Vermont Ry. Co. took possession of its
property May 1.—V . 68, p. 871, 975.
G o l f Beaumont & Kansas City Ry.—Extension.— Gover
nor Joseph D. Sayers, of Texas, has signed the bill regard
ing the extension of this company’s line. The purpose of
the bill is described as follows:
Kansas City Bonner Springs * Topeka (E lec tric ) Ry.—
Electric
Railway
Project— Bonds Offered. — The
American Equipment Co. (James L. Brown, President,) has
taken the contract to build this electric railway from Kansas
City to Topeka, a distance of 68 miles, for an average price
of $24,000 per mile, including bridges, and has agreed to ac
T h e G u lf B eau m on t & K ansas C ity B a llw a y Is b u ilt and in o p e r a cept in payment therefor two thousand acres of land, to
tio n fro m B eau m on t uorth to N e w to n v ille , a dista n ce o f a b ou t 60 gether with the stock of the Railway Company, and
m ile*. It la ob artered to run to th e n orth ern boun la rv o f th e Htate
T h e G u lf B eau m on t & N orthern R y, is ch artered to r'uu th rou gh sul> its first mortgage gold bonds, issued not to exceed
M a n u a lly the sam e te rrito ry , b u t a» y e t hag co m p le te d no p a rt o f Its $15,000 per mile.
The road is to carry heavy freight traffic
Toad. T his hill au th orizes the G u lf B eau m on t & K ansas C ity R y Co
as well as passengers, and is under contract to be completed
to p urchase th e lin e a u th orized to b e b u ilt under the ch arter o f th e G u lf
B eaum ont * N orthern R atlw a y C o., an d p ro v id e s that In case o f this by N o v .1,1893. The St. Louis Trust Co. is the mortgage trus
rehase th e b on d s o f the n ew -b u ilt ro a d shall be Issued b y th e G u lf tee. The amount of the mortgage is not to exceed $2,000 000
im
leauinont A K ansas C ity R a ilw a y C o. In th e nam e o f the G u lf B e a u which provides for a double track, also any extensions necm ont Si N orthern R a ilw a y . In a m ou n t equal to th e va lu e o f the n ro o e rty so p u rch a sed , an d as llxed b y th e R a ilroa d C om m ission un d er cessary, the bonds to be issuable at not exceeding $15 000 of
the slo ck and b on d law ; all e x is tin g b on d s on sa id G u lf B ea u m o u t & road actually completed. The first issue of $750,000 five per
N orthern R a ilw a y to b e ca n c e le d . A t p resen t th ere a re n o such cent first mortage gold bonds, payable in the year 1929 at
b o n d * .—V. 63, p . 880.
par, or redeemable upon previous notice from the company
Homestake Mining Co.— Consolidation—Increase o f Stork. in May or November in any year at the price of $525 for
— A meeting of the stockholders is called for July 18, 1899 each $500 bond in New York, is now offered at $475 for a
at San Francisco, to vote on a proposition to increase the $500 bond. John W . McDanield is President of the new
capital stock of the company from $12,500,000 to $21,000 000 railway company.
“ With this increased capital of $-3,500,000, represented bv
Kern Incandescent G aslight Co.— Officers.— 'The officers
83,001 shares, it is proposed to purchase other dividend-pay
are : President, Harry Keene; Vice-President, F. S. H ast
ing properties of great use and advantage to the Homestake
ings; Treasurer, Casimir Tag, and General Counsel, Coudert
Mining Company, as follows:
Brothers.— V . 68, p. 927.
New
Jems 3, 1899.1
THE CHRONLCLE
1077
^ M u s l i m ( k_v.) K a ilu a ) .— A t w s e c u r i t i e s . — R . Eaneasttr
W illiam -. of Richmond, Va., has been elected President ar d
J. W illiam Middendorf and S. Davies Warfield, of Balti
more, directors of this company owning the electric-light
plant and street railways of Lexington, K y . The other
members of the beard are Lexington people. The com
pany, it is learned, will issue #8C0,000 stock and 1830,000 of 5
per cent gold bonds, the Continental Trust Co., of Balti
more, being mortgage trustee. O f the |830,000 new bonds
3138.000 will be reserved to retire a like amount of old bonds
outstanding.
Middendorf, Oliver & Co. and the Inter
national Trost Company, of Baltimore, and John L . W illiam s
& Sons, o f Richmond. Y a ., recently acquired control of the
property.— Y . 68, p. 977.
Roffaio for
subject to a mortgage of § 1 , 000,000 held
by the Knickerbocker Trust Co. The sale has been duly
confirmed. The successor company, it is stated, will be th©
Niagara Gorge R R . Co.— V. 68, p. 332.
L ittle F a lls & D olgeville R R .— Receiver.— On May 24th
an application for a receiver was made by the Manhattan
Life Insurance Co., Hew York, which holds $'5,000 bonds.
The order is returnable at Syracuse to-day.—V . 67, p. 126.
P ittsbu rg Cincinnati Chicago & St. Louis Ry.— Pennsyl
vania Company.— Bonds Solti.— The Pennsylvania R R . Co.
announces that it has sold to Kuhn, Loeb & Co. and Speyer &
Co. #8,200.000 3% per cent Pittsburg Cincinnati Chicago &
St. Louis fifty-year gold bonds, to be issued in place of m a
turing bonds. The new 3 % per cent bonds are issued under
the same mortgage as the existing 4 % per cent and 4 per cent
bonds of the Pittsburg Cincinnati Chicago & St. Louis Ry.
Company, and are guaranteed by the Pennsylvania Com
pany. The old bonds to be refunded by the new Issue in
clude $6,863,000 first consol. 7a of the Pittsburg Cincinnati &
St, Louis due A u g. 1, 1900, and also $1,400,000 Indian
apolis & Vincennes second mortgage 6s due May 1, 1900.—
V . 68, p. 6J5, 621, 825.
M etropolitan Street Railw ay (N ew Y o rk ).— Quarterly.
Earnings for the quarter and the nine monthsending M arch:
3 m ot. ttu fi; Grots
F el
Other
Interest,
Balance.
March 31. earnings. earnings.
incom e, loses, etc.
surplus.
1899........$2,849,904 $1,402,237 $173,700 $1,068,416 $507,551
1893........ 2,433,254 1,088.302 147,950
812,294
423,958
9 mvnlhjt—
189$ 9.,..$8,850,2*22 $4,46£.3f4 $530,627 $3,212,322 $1,786,669
1897-8----- 7.024,634 3,186,581 463,255 2,385,092 1,344,744
— V. 6 $, p. 928.
Mononguhela R iver Consolidated Coal Si Coke.—Applica
tion fo r Charter. — Application was made to the State Depart
ment at Harrisburg on May 22 for a charter for this com
pany, which will carry out the consolidation of the Monongahela coal interests that Whitney & Stephenson of Pittsburg
have been arranging. The new company, besides the coal
properties, it is stated, will own steamboats and barges and
the wharves and landings as far south as New Orleans. The
capitalization, it is now said, may be #25,000,000. A few
weeks ago it was expected to be #30,000,000, when $15,000,000
o f it was to be common stock, $7,500,000 preferred stock and
$7,500,000 bonds.
National Electric Co. o f P h ila d elp h ia.— Southern Electric
Co. .Acquired. —The National Electric Co. has obtained con
trol of the Southern Electric Light, Heat & Power Co. of
Philadelphia, and will therefore hereafter be able to furnish
electric light, heat and power in Philadelphia sonth of South
Street, w o , F. Barrity says :
I t Is q u ite tru e Stmt th e N a tio n a l E le c tr ic C o. ha s c o n tr a c te d fo r th e
p u rch a se o f th e a b s o lu te e o n t t o l o f th e S ou th ern E le c tr ic C o, A. M i l l
s ta n ila l p a y m en t has b een m ad e o n a c c o u n t o f the p u rc h a se and
She n e ce ssa ry a rra n g em en ts t o fin a n ce th e tra n s a c tio n t o th e end.
T h e p r o p e rty ha* b een ahen o v e r on a b asis that w ill r e s u lt In a
s a tis fa c to r y retu rn to the s to c k h o ld e rs o f th e N a tion a l E le c tr ic Co.
A meeting of the stockholders of the Southern Company
was called for Nov 23. 1898, to increase the capital stock
from 8-100 000 to #2,000,000, bat of this, it is stated, only #500,OOOiu ail is now outstanding. One report says the purchase
price was $2,500,000 in cash.
Ifew Stock. — TTie directors on Wednesday authorized the
issue of 175,000 shares of capital stock, additional to the
175,( 00 shares already Issued, $10 per share to be paid there
on. The right to subscribe for the additional stock at #10
per share is offered to stockholders as of record on June 7,
1899, The Philadelphia Stock Exchange recently admitted
to quotation on the unlisted department 150,(00 shares, $10
paid per share. Notice was received this we<-k of the sale of
a further block of 25,(00 shares, making 175,000 shares issued
to date. The company’s total authorized issue o f stock
is #25,000,000, consisting of 500,000 shares of #50 each. O f
these 330,000 share*, upon which an aggregate sum of $3,50o,000 will have been paid, will be outstanding on completion
of the present subscription.— V . 68, r . 978.
Newport News A b attoir Co.— Prospectus. — The author
ized capital stock is #1,-500,000. consisting of 60,000 shares,
par value $25 per share, v iz .: 30,000 shares 7 per cent pre
ferred stock and 30,000 shares common stock. Common
stock full paid and non-assessable. The company’s pros
pectus says:
N orthern E lectric Railw ay o f Chicago.— Cleveland Inter
ests in Control.— The report that a controlling interest has
been bought by Cleveland m tn is confirmed. The officers
are as follow s: President, B. Mahler: Secretary, G. W . M cKisson; Treasurer, Edward Moore. The main office is in
the Title & Trust building. The company has now about
five miles of track in operation, by troilev, running from
the Northwestern tracks near the corner of Lake and FortySeventh streets to Cragin. It is the intention to extend to
Franklin Park before long.— “ Chicago Economist.”
Port Arthu r Duluth & W estern Ry.— Ontario & Rainy
River R R .— Sale.— Bids will he opened at 11 a . m . on Aug.
4 by the Master-in Ordinary at Osgoode H all. Toronto, Ont.,
for the purchase of the Port Arthur Duluth & Western R y.,
which extends from Port Arthur, Out., to the international
boundary line at Gun Flint Narrows, 85% m iles. The terms
of sale are 10 per cent on acceptance of tender and the bal
ance within one month thereafter without interest.
The Ontario & Rainy River R R ., it is said, will make ap
plication to the Legislature at its present session for an act
antliorizing this company to acquire the property of the Port
Arthur Duluth & W estern, which would naturally form a
part of the projected line of the Ontario & Rainy River from
Port Arthur to Fort St. Francis, on the Rainy River, about
245 m ile s— V . 67, p. 483.
Port Chester Electric Ry. —Increase o f Stock.— Am eeting
of the stockholders will be held on June 6 to consider the ques
tion of increasing the capital stock from $ 10'-.000 to $300,000.
The motion for an injunction to prevent the company from
extending its line through th* village of Rye to Rye Beach
has been denied by Supreme Court Justice Jenks.
Quebec Central Railway. - Readjustment.—A. circular
states that the company has recently obtained an A ct from
the Legislature of the Province o f Quebec, enabling it, with
the consent c f the bond and share holders, respectively, to
re-arrange its bonded debt. The A ct authorizes the creation
of a first debenture stock, bearing interest not exceeding t
per cent per annum, the total interest upon which shall not
exceed an annual sum of £20,000. The principal of the first
debenture stock will only become payable after the company
is six months in default fn payment of interest thereon, or in
the event of the liquidation of the company; but it may be
redeemed at 110 any time after the expiration of 20 years
from the date of issue, upon six months’ notice. It is pro
posed to offer now to the holders for their 5 per cent prior
lien bonds 4 per cent first debenture stock at par, exchange
able up to August 1, 1899, and to pay in cash £3 as a bonus,
besides €2 10s. for the half-yearly coupon due on that date.
The bond and share hol lers will be asked to authorize the
readjustment on June 5, 1899.
The present capitalization is as follows: Capital stock,
#3,381,603; prior lien, 5 per cent bonds, £850,000; income 5
per cent bonds, £676.000. The company operates 218%
miles of track, including main line, Sherbrooke to Harlaka,
Que., 137% miles.
Quicksilver Mining Co.— Financial Status. - On May 5
this company paid a dividend to its preferred stockholders
of a half of one per cent. This is the first distribution the
stock has received since 1691 and the management think
another distribution of a like amount can be made in the fall.
The assets as of June 1 are cash #30,500 and stock of quick
silver #51,075; total assets $81,675. There is no debt. The
above amount is after paying th - dividend, which called for
$21,456. The last printed pamphlet report of the company
was for the year ending April 80, 1896.— V . 68, p. 724.
T h is c o m p a n y w ill d o a gen eral a b a t t o ir , c o ld s to r a g e anil p ro v is io n
b u sin e ss fo r b o th d o m e stic and fo r e ig n tra d e, u tiliz in g the b ! p ro d u ct*
fro m the sam e in th e to s n o fa e tu r in g o f la rd , lard o il, n e n ts fo o t oP,
o le o -b u tte rin e . e tc. The c o m p a n y has s e cu re d at N e w p o rt N ew s, V a.,
a la rge an d v a lu a b le tra ct o f la n d , lo c a te d o n the lin e o f the Ohesap ea k e A O h io K B ., and In co n n e c tio n w ith th e w h a r v e s o f the Oheaap e » g e A O h io S tea m sh ip C o. T h e w ork s w ill n a v e a m p le c a p a c ity fo r
th e Slaughter o f 1,01-0 h ea d o f c a ttle , 1 ,0 0 0 head o f sh eep , and 1 ,0 0 0
head o f h og s p e r -lay, w ith the re frig e ra tin g fa c ilitie s eq u a l t o the
sto r a g e o f th ree tim es the a b o v e a m ou n t. A ss u m in g that w e trill
s la u g h te r and m a n u fa ctu re th e p ro d u c ts o f 2 5 0 ,0 0 0 head o f ca ttle ,
Richm ond Standard Steel Spike A Iron Co.— Mortgage.—
3 0 0 .0 0 0 b e a d o f s h eep , and 2 0 0 ,0 0 0 h ea d o f h ogs th e first y e a r, th e
This company, of which J. Fred. Pierson of New Y ork is
oc m p a n y w ill b e a b le t o p a y the d iv id e n d o f 7 p e r c e n t on the pre
President, has recorded a mortgage on its plant in Rich
fe r r e d s to c k a n d at le a st 10 p e r c e n t on th e co m m o n s to c k .
The company offered for subscription the preferred stock, mond, V a.. to the City Trust Co. of New York, as trustee,
with a bonus of 50 per cent of common stock on the follow for $1,500,000. The company was recently chartered and
ing terms: 20 per cent, or #5 per share, payable upon call: purchased the Richmond Standard Spike & Iron Mills.
20 per cent, or $5 per share, payable npon not less than thirty
Rnblier Goods M anufacturing Co. —First Dividend.— The
days’ written notice, and the balance in instalments of 20 directors have declared a quarterly dividend of profits of \%
per cent upon thirty days’ written or published n o te s. The per cent on the preferred stock, payable at the office of Bar
office of the company is 550 Drexel Building, Philadelphia.— ing, Magoun & Co., the transfer agents, on June 15, 1899.—
V, 68, p. 189.
Niagara Falls A Lewiston (E lec tric ) R R .— N iagara
Gorge RR, Co.— Sold. —The Niagara Falls & Lewiston RR,
was sold by the -Sheriff on May 23 to Herbert P. Bissell of
Schoenhofen B rewing Co.— To Wind up English Com
pany.— The board of directors has come to the conclusion
that it is desirable to take every possible step to re-
1078
THE CHRONICLE.
[VOL. LXVIII.
the same. Under the bondholders’ agreement the authority
duce the expenses of the company, and, with this ob
ject in view, they have decided to recommend: “ That the is given to sell only at' par and 6 per cent interest, which
present (English) company be wound up voluntarily and a would now amount to about 139 for the bonds, a figure
new company organized under the laws of the State of which would appear to be in exess of any probable offer.
United F ru it Co.— Options Dropped.— The company, it is
Illinois, having a similar capital and a similar debenture
debt; and that there be issued to each debenture-holder and stated, has dropped its options on the Bluefields Banana Co.
to each shareholder in the present company a holding of the and two Mobile companies.— V. 68, p. 979.
same character and value in the proposed American com
United Power & Transportation Co.— Electric Light Com
pany.” The last report is on a preceding page.— V . 68, p. 475. pany Acquired.— The company has acquired nearly all of the
Seattle Street R ailw ays .—Pending Negotiations.— Stone $255,000 capital stock of the W ilm ington City Electric Co.,
& Webster, 4 Post Office Square, Boston, are engaged in an which controls the electric-lighting in W ilm ington, Del.
endeavor to consolidate the various street railways of Seat John A . Rigg, of Reading, Pa., has been elected President
tle, and it now looks as if six of the roads would be united, of the electric company and also of the W ilm ington City
viz.: Seattle Traction Co.. Madison Street Cable Railway Railway Co. According to a press despatch from Lebanon,
Co., Union Trunk Line, Front Street Cable Railway Co., Pa., the United Power & Transportation Co. has secured
Third Street & Suburban Ry. Co.. W est Street & North End control also of the Edison Electric Illuminating Co. of that
Ry. Co. It is too early to state whether the consolidation city.— V . 68, p. 929.
will take effect as outlined or what the name of the new
United Railways and Electric Co. o f B altim ore.— Income
company will be.— V . 67, p. 321.
Interest and Dividend.— The directors on May 26 declared
Scbastocook & Moosehead.— Receiver.— W . J. Hayes & interest of one-half of one per cent on the income bonds and
Son, of Cleveland, O., as holders of first mortgage bonds, a dividend of one-half of one per cent on the preferred stock
have filed a bill in equity in the Supreme Court at Augusta, for the three months ending May 31, 1899. The interest on
M e., asking for a receiver. The road runs from Pittsfield, income bonds will be paid free of all State, city and county
Me., to Hartland, eight miles. Its capital stock is $180,000; taxes. From the dividend the proportion of taxes for such
first mortgage 5s of 1S95 authorized $250,000, issued to June period— one-fourth of one per cent—w ill be deducted. Both
interest and dividend will be paid on and after June 15,1899.
30, 1898, $100,000.
Slonx City O’Neill & Western R R .— Sioux City & W est Interest on income bonds is payable at the office of Messrs.
ern.— Sold.— At the foreclosure sale on May 26 the property Alexander Brown & Sons. Dividend checks will be mailed
was bid in by J. L. Webster, of Omaha, representative of to the stockholders of record of June 1, 1899.— V . 68, p. 725.
W illiam S. and Robert E. Tod, for $1,750,000. The property
will be reorganized under the name of the Sioux City &
Western and operated independently.— V. 68, p. 1026.
Southern Ry .—Georgia Pacific Equipment Bonds Called.—
Forty of the Georgia Pacific Railway Co. equipment mort
gage Bonds, dated July 17, 1889, have been drawn for the
sinking fund, and with the coupons maturing Aug. 1, 1899,
will be paid by the Central Trust Co. on or after Aug. 1,1899,
at par.— V . 68, p. 1026.
Spartanburg (S . C.) W ater-W orks Co.— Foreclosure.— The
foreclosure sale is set for Oct. 2. A t last accounts the capi
tal stock was $100,000; the funded debt $85,0C0.
United States P late Glass C o.—Incorporated.— This com
pany was incorporated at Trenton, N . J .. May 6 . with a
capital stock of $1,000,000. Incorporators: W illiam H . Brearley, Frederick B. Hyde and Kenneth K . McLaren.
United States Pneum atic Horse C ollar.— New Stock.—
The stockholders will vote July 6 on a proposition to increase
the stock from $1,000,000 to $5,000,000, for the purpose of
acquiring additional rights, and declaring a stock dividend of
an additional four shares for each one held by stockholders
of record at the date of the closing of the books, after the
confirmation by the stockholders of the action of the board.
The officers state that the new factory at Orange, N . J., will
very shortly be so equipped as to enable the company to fill
the many back orders now on hand. The officers are:
Susquehanna Iron & Steel Co.— Prospectus.—Toland
Bros. & Co., of 104 South Fifth Street, Philadelphia, have re
O flleers—F . R . B r o o k e . P re s id e n t a n d M a n a ger; J a m e s F o r s e y t b ,
ceived subscriptions to this company’s $3,000,000 capital T re a s u ’ er; C. J. M arsh. S e cre ta ry ; C. O. H o g e , C o u n se l f o r c o m p a n y .
D ire c to r s —J a m e s H . W e lch , C. J. M a rsh , C h a rle s P o w e ll, C. C.
stock, divided into 300,000 shares of $10 each, on which $5 is
now to ba called. The new company will take over the fol H o g e , F . R . B ro o k e .
The office is at 52 Broadway, N . Y . City,— V . 68, p. 930.
lowing properties, free of incumbrances, at a cost of §1,182,500, leaving $317,500 available from the first call of $5 per
W isconsin Central R R .— W isconsin Central Railw ay Co#
share for general expenses and working capital :
—Foreclosure Sale July 7.—The foreclosure sale has been set
Columbia Rolling Mill Co., Columbia, Lancaster County, Pa., 75j
acres, with rolling mill and equipment oomplete, eto.; an annual ca
pacity of 20,000 tons of finished grooved skelp and bar iron.
Vesta Furnace, at Watts' Station, Lancaster County, Pa., 12 acres,
with modern blast furnace and equipments, etc.; annual capacity
25.000 tons pig iron.
Columbia Iron Co., Columbia, Pa., lte acres, with rolling mill and
equipment oomplete; annual oapaolty 12,000 tons of bar iron.
Susquehanna Iron Co , Columbia, Pa., 7 acres of land, rolling mill
and equipment complete; annual oapaolty 10,000 tons of i bar iron.
York Rolling Mills, of York, Pa., 7b) acres, with rolling mill and
equipment complete; annual oapaolty 10,000 tons of finished sheered
skelp and plate iron.
Aurora Furnace property at Wrigbtsville.York County, Pa., 14, acres,
wth modern blast furnace and equipments complete; annual capacity
25.000 tons of pig lion.
for July 7, when the Reorganization Committee will buy in
the property and re-incorporate it as the Wisconsin Central
Railway Co. A ll the intervening petitions filed by the Cen
tral Car Company, the improvement bondholders, the income
bondholders and Mark T. Cox, in the suit to foreclose the
Wisconsin Central Company mortgage, pending in the Cir
cuit Court of the United States for the Eastern District of
Wisconsin,were withdrawn on May 30, the opposing interests
having accepted the plan of reorganization prepared by the
New York Committee. The time to deposit securities called
for deposit under the plan expires to-day; see advertisement
on another page. Nearly all the securities called for deposit
“ These properties are located on the Pennsylvania and under the plan are in, as well as those which the Reorganiza
Reading railroads and have direct connections with the tion Committee have offered to purchase.— Y . 68, p. 1029.
Western Maryland and Baltimore & Ohio railroads. The
W isconsin Telephone Co.— $1,800,000 New Stock.— The
mills and one furnace are in operation and in a high state of stockholders will vote June 19 on a proposition to increase
efficiency, and there will be no necessity for extensive re the capital stock 'from $1,200,000 to $3,000,000 to provide
newals or reconstruction. The remaining furnace will be in means for the extension and improvement of the company’s
blast about the 1st of July, 1899. It is estimated that the system, etc. Charles J. Glidden is quoted as saying:
net earnings of the Susquehanna Iron & Steel Co. during
" W e h a v e a cq u ire d a v e r y v a lu a b le t e r r it o r y b y s e cu rin g th e c o n t r o ll
tbe first year of its operation will exceed $400,000.”
in g In terest in th e W isco n sin C o ., w h ic h has so m e 1 5 ,0 0 0 s u b scr ib e rs
Tennessee Coal Iron & R R .—Louisville & Nashville RR
— Southern Ry .—Railroad Property Transferred.—On Ma’
26 the Tennessee Coal, Iron & R R . Co. formally transferrei
to the Louisville & Nashville R R . and the Southern Ry
companies the 25 miles of railroad in the vicinity of Birming
ham, A la., which were recently sold to those companies fo
V ,100,000. The purchase money is to be paid July 1 , and i
is stated will be applied to payment of floating debt and a
working capital. The railroads of the Tennessee Coal Iron t
RR. Co. are described in the Official Guide as aggregatim
102 miles.— V . 68, p. 774; V . 68, p. 928; V . 68, p. 1026. 8
Terre Haute Electric Street Ry.— First Mortgage Agree
ment Terminated.— The committee, consisting of W m . H.
Henkle, Chairman; Moses L. Scudder and Demas Deming,
gives notice to holders of certificates issued by the Illinois
Trust <fc Savings Bank of Chicago for first mortgage bonds of
the Terre Haute Street Railway Co., that the committee has
elected to terminate the agreement of Aug. 5, 1898, and that
the bondholders are entitled to a return of their securities
upon payment of their proportion of the expenses incurred
and moneys borrowed by the committee.— V . 68, p. 1026.
an d u p w a r d s o f 7 ,5 0 0 m ile s o f lo n g d ista n ce lin e s, n e a r ly all o f w h ich
a re b u ilt o f o o p p e r. Our p la n s a re t o e x t e n d th e s y s te m in W is co n s in
o n m uoh th e sam e lin es as la id o u t f o r M ich ig a n , a n d th e w o r k o f r e
eq u ip m e n t o f th a t p la n t w ill h e p u sh e d fo r w a r d as r a p id ly as
p ossib le. A la rg e n u m b e r o f n e w lin e s w ill b e b u ilt, a n d th e fa c ilit ie s
o n e x is tin g lin e s w ill h e g r e a tly in cr e a s e d .” —V . 6 8 , p . 9 7 9 .
— The Savannah Florida & Western Railway. Co (Plant
System) guarantees to pay in gold the principal and interest
of the first mortgage 4 per cent gold bonds issued bv the
Silver Springs Ocala & G ulf RR. C o., $900,000 of which are
now offered by Edward C. Jones & Co.. New York and Phila
delphia, Townsend W helen & Co., Philadelphia, and the
Mercantile Trust & Deposit Co of Baltimore, at 91 and inter
est, netting about 4 -i0 p. c. to investor. The average net earn
ings of this road for the past
years are reported as
almost two and one-half times the total interest on bonds,
while the earnings for ihe half-year endiDg Dec. 31, 1898, it
is stated were nearly twice the bond interest, thus making
a profitable investment independent of the additional
security furnished by the guaranty.
& Kansas City RR .—Question as to
1 ahteof Trust Co. Receipts.—The Continental Trust Co. is
— Messrs. Deloitte, Dever, Griffiths & Co., chartered ac
countants, 69 W a ll Street. New York, have opened branch
offices at 742 and 743 Monadnock Block, Chicago, 111.
Beebing to obtain the views of the holders of certificates of
deposit of the first mortgage bonds of the Toledo St. Louis
“ Kansas City as to what would be an acceptable price for
— Messrs. Geo. B. H ill & Co., Pittsburg, dealers in stocks
a id bonds, announce their removal on June 1 to new offices
a ; 244 Fourth Avenue, Tradesmen's Building.
Toledo St.
THE CHRONICLE.
June 3, 1S-09 i
Commercial gxmes.
COMMERCIAL
C
EPITOME.
N i g h t , June 2,1893.
The observance o f a holidav on Tuesday and the fact that
some of the local exchanges adjourned from Saturday until
Wednesday haB made a short business week. Trade condi
tions, however, have been generally satisfactory and in some
lines of seasonable goods a larger run of new orders has been
experienced. The movement of merchandise on old con
tracts has continued fairly free, the trade in general taking
snpplies as fast as they are due. Reports from the wheat
belt have continued to report damage to crop by insects, and
the tendency of values for the grain has continued upward.
F
Stock* o/ M erch a n d ise.
Pork.
Ooffee, Rio............. ........ bags
Coffee, other................... bags
Coffee, Java, A n .... ____ mate
Bagar..........
hhds
Sugar......................bags, Ac
Molasses, foreign ........... hhd*
Hides.... ...___.....____ N o
Cotton_________
bales
Rosin.............
bbla
Spirits turpentine............bbls
tar....................... . ....... bbl*
Rice, E I ... ------ ........bags
Rice, doniMtlo....... .......bbl*
Linseed .. .................. bag
Saltpetre................
.b#g»
Jute bntts____ ____ ....bale*
Manila bemp.... ............bale*
Sisal bemp ..........
bale*
l
r id a y
J u n e 1,
l«i* 9 .
M a y 1,
1 8 »9 .
8 ,7 8 3
15.3 52
9 ,7 9 7
7 6 0 .4 6 3
1 40,778
8 3,6 33
146
3 0 ,5 3 2
Norm.
3 5 ,0 ( 0
174 018
1 8.0 0
1 ,4 0 2
MHO
34 s e o
8.7. 0
Non©
5 ,0 0
N one.
12 5 6 *
11,772
6£,«0O
1 0 ,0 3 9
17/7 42
8 ,0 4 7
7 7 4 ,1 4 4
133 ,67 2
31.7GS
N one.
3 3 ,9 9 «
N one.
2 6 ,7 0 0
J u n e 1,
1 89 8
19,3 39
1 8 ,8 4 6
J4.788
5 2 3 ,2 1 6
1 2 9 ,5 5 7
9 2 ,2 3 5
3 .2 0 5
3 8 5 ,8 1 9
N one.
1 9 ,8 0 r.
1 4 7 ,5 9 7
2 7 .4 6 8
2 ,5 6 1
2 ,3 *4
6 ,5 0 0
80
Nfme.
3 .2 0
N on e.
7 .051
13 7 2 0
7 400
9 ,2 2 7
2 49
8 *5
5 ,2 0 0
7 ,lO o
N one.
7 ,3 2 4
N on*
9 ?2 1 7 ,6 2 0
8 3 ,1 0 0
Lard on the spot has had only a light sale locally, but at
the W est a moderate export business has been transacted
at steady prices, closing at 5 '25c. for prime Western and
-t'OOc for prime City. Refined lard has been dull, but the
close was steady at 5'40c. for refined for the Continent.
Speculation in lard for fature delivery has been moderately
active.
Early in the week, under liquidation by longs,
prices weakened.
The close, however, was steadier on
smaller receipts of swine.
d a i i . t onostao rxicss or l a m p vcTumaa.
Jane
J0'9
Sat.
M on.
T u t*.
Wed.
Thun.
tr s,
° 3.°
HOLIDAYS,
s‘^ j
5-25
5 35
Pork has had a fair sale at slightly lower prices, closing at
$7 8?t£Q 8 30 for meat. Cut meats have been quiet and values
have been barely maintained. Tallow has been firm but
quiet at 4 ^ c . Cotton seed oil has been dnll but steady at
2<5V£<326c . for prime yellow. Butter has been in fairly full
supply and steady.
Cheese has been quiet. Fresh eggs
have declined.
Brazil grades of coffee’.have been quiet, and under increased
pressure to sell prices have declined, closing at 0 3-16c, for
Rio N o. 7. W e st India growths have been in only limited
demand and prices have weakened slightly, closing at 8<a8 !^c.
lo r good Cucuta, Speculation in the market for contracts
has been moderately active. Tired holders have been sellers
to liquidate their accounts. The close was steadier.
The following are final asking prices :
Jan*.................. 4 85c ;Sept............... ... S f 5a. 1 Deo..................... 5'40e.
J a lr -............. 1-tiOo Oct................... 5-lOo.lJsu.......................5-45o.
Aag ............. .. 5 00c. !Nov................515o. I Mch.................... 5'60c.
Raw sugars have been in fairly active demand and firm,
closing at 4»gC. for centrifugals. 96-deg. test, and 4 t*c. for
muscovado, 89 deg, test. Refined sugar has been in more
active demand and firm, closing at
c. for granulated.
Other groceries have been steady to firm.
Kentucky tobacco has been in moderate demand and firm.
Seed leaf tobacco has had a fairly large sale at full values.
Sales for the week were 3,675 cases, as follow s: fiOO cases
1898 crop. New England seed leaf, 8, 12 , 22 and 50c„;
150 cases 1898 crop, N ew England Havana seed, forced sweat.
80(8500.; 350 cases 1897 crop. Zimmers, 15ffllB «c.; 300 cas*s
1897 crop, Pennsylvania seed leaf, 11 - 12c .; 300 cases 1896
crop, Pennsylvania seed leaf. 12<313c., 700 cases 1896 crop,
Wisconsin Havana. 10,' j® 1 2 ;g c .; 576 cases 1897 crop. W is
consin Havana, 9 s 10c.. and 100 cases 1897 crop, Dntch, 13(3
14c.; also 650 bales Havana at 70 § 05c. in bond, and 200
bales Sumatra at 85c. taf 1 65 in bond.
Straits tin was steadier early in the week, but at the close
there was a reaction, closing quiet at 23 f>5(325'fi5c. Ingot
copper has beeu in only very moderate demand, but prices
have held fairly steady at 1 8 ( 3 1 8 for lake. Lead has had
only a limited sale, but values have held steady at 4 -450 4' 5Cc.
for domestic. Spelter lias been quiet and unchanged at
6 jc. for domestic. Pig iron has been in fairly active de
mand and higher at $15@17 25 for domestic.
Refined petroleum has been firm, closing at 7'20c. in bbls.,
l-70c. in bulk and 8 20c. in cases. Naphtha steady at 10c.
Crude certificates have been neglected, credit balances have
been unchanged at $1 13. Spirits turpentine has been dull
and lower, closing weak at 40r<i>40J£c. Rosins have been
qoi»t and easy, closing at $1 10 for common and good
strained. W ool has been in fair demand and firm. Hops
have bad a fair sale at firm prices.
O
T
T
O
N
.
F r i d a y N ig h t , June 2, 1899.
T h e M o v e m e n t o f t h e C r o p , as indicated b y our telegrams
from the South to-night, is given below. For the week ending
this evening the total reoeipts have reached 32,289 bales,
against 38,058 bales last week and 59,949 b a les the previous
week, making the total receipts since the 1st of Sept., 1898,
8,187,463 bales, against 8,471,303 bales fo r the same period o f
1897-8, showing a decrease since S e p t.l, 1898, of 288,840 bales.
Sat.
Receipt* at—
Galveston......
Tex. City, Ao.
New Orleans...
Mobile...........
Pensacola, Ao.
Savannah......
Charleston.__
Pt Royal,Ac.
Wilmington__
Norfolk.......
N’p't News, Ac.
Mon.
76
672
Tuts.
Wed.
848
Jfri. Toioi.
491 1,188 3,487
TKurs.
242
......
......
......
962 10,049
757
8
......
1,230 1,230
......
......
......
......
525 3,809
70
196
668
246 2,434
247
247
9 1,255
11
20
110 1.405
1,034 3,127 1,062 2,820 1,044
30
10
628
3
78
......
......
......
14
997
.......
155
51
......
......
2
443 4,222
807
......
907
421
......
......
......
125
255
1,326
PhUadel’a, Ac..
50
189
40
Tot this week 3.747 7.126 5.642 5,431
31
7
8
435 4,589
562
562
169 1.856
500
526 1,545
292
1,241 2,567
285
6
3,238 7,115 32.269
685
......
The following shows the week's total reoeipts,the total sine e
dept. 1,1898, and the stock to-night, compared with last yeaj •
1898-99.
R eceipts to
This
w eek,
Stack.
1 89 7 -9 8.
S ince Sep.
1 ,1 8 9 8 .
THU
w eek,
S in ce Sep.
1, 1897.
N o r f o lk ____
N’ p o r t N .,A c
N ew Y o r k ..
B o s t o n ......
B a lt im o r e . .
P hU adeL A e.
3 .4 8 7 !2 ,2 88 .76 5
7 7.3 70
1 0 .0 4 9 2 ,1 5 2 .8 1 2
757
2 4 7 ,7 t 0
2 1 7 ,0 3 2
1,230
3 .809| l,O 63,437
2 47
2 7 1 ,8 1 5
1,25.5
3 0 4 ,8 7 3
2 3 ,3 3 3
2 9 1 ,35 0
31
1,351
6 4 7 ,8 9 4
4 ,5 5 0
3 0 ,6 8 0
562
112 ,41 7
1 .8 5 8
2 0 8 ,2 0 0
1 ,5 4 5
5 0 ,9 6 7
2 ,5 6 7
47,8 51
285
1,864 1,8 9 8,56 3
9 7 ,9 2 6
148
14,167 2 ,6 2 9 516
3 0 1 ,2 7 7
471
116 ,70 1
3 ,714 1 ,178,111
2 6 8 ,8 9 6
319
4 6 7 ,4 7 4
2 ,2 6 7
75,741
3 2 3 .2 0 5
4 79
1,290
5 6 1 ,3 8 0
5,148
2 4 ,6 2 9
194
107 ,20 1
2 .6 0 7
2 .4 2 5
2 1 3 ,5 5 3
7 1 ,6 3 0
163
7 8 ,2 1 8
258
T o t a l* .......
3 2 .2 6 9 8 ,1 8 7 ,4 6 3
3 4 ,2 5 1 8 .4 7 4 ,3 0 3
G a lv e s to n ..
N ew O rlean *
M o b ile ........
P ’ s a c o la ,A o ,
S a v a n n a h ,.
B r'w lck .A o
C h a rleston .
W ilm in g ton .
1 89 9 .
1 89 8 .
5 0 ,5 6 2
2 7 ,3 7 2
317 ,86 1
8,553
1 6 1 ,1 3 2
7 ,7 2 9
2 0 ,1 4 4
276
8 ,4 3 3
2 0 .1 3 0
1 ,8 6 7
1 1 ,0 2 3
1 0 ,9 2 9
8.S 98
44.3 75
494
1 7 3 ,7 2 9
20,000
12.761
6 ,9 3 5
3 7 ,0 8 4
3 ,5 2 8
1 3 5 ,7 9 3
1 7 ,0 0 0
10.5 61
7 395
6 7 5 ,1 0 2
4 5 2 ,0 1 2
In order that comparison may be made with other y ears’
we give below the totals a t leading ports for six seasons.
R eceipts a t—
1899.
1898.
1896.
1897.
1 89 5 .
1 89 4 .
O a lv e ifn .A c .
N ew O rleans
M o b ile ..........
S av a n n a h ...
O h as'ton , A c.
W ilm 'to n , A c
N o r fo lk _____
N. N e v a , A c.
AU o t h e r s ...
3 ,4 8 7
10,0 49
757
3 ,8 0 0
1,255
31
4 ,5 8 9
562
7 ,7 3 0
2 .0 1 2
1 4 ,1 8 7
471
8 .7 1 4
2 ,2 6 7
479
5 ,1 4 8
194
5 ,8 0 2
2,172
3,332
80
783
666
17
314
38
2 ,2 6 9
508
4 ,7 3 9
3 20
1,765
3 ,3 5 3
620
1,915
316
1,542
1,463
5,319
217
3 ,0 2 8
623
37
1,226
548
7 ,3 6 8
2 ,2 8 6
7 ,0 9 8
06
5 ,5 4 4
207
114
728
745
l,9 C 9
T o t th is w k .
8 2 ,2 6 9
3 4 ,2 5 4
9 ,8 5 1
14,8 78
19,8 29
1 8 ,6 9 7
Slnoe S ept. 1 8 1 8 7 ,4 6 3 8 4 7 4 .3 0 3 6 63 5 ,9 3 1 5 1 4 0 ,2 1 3 7 801,231 5 8 3 9 ,9 6 9
The exports for the week ending this evening reach a total
of 61,283 bales, of whioh 32,457 were to Great Britain, 385
to Franoe and 23,448 to the rest o f the Continent. Below
are the exports for the week and since 8 ept. 1, 1898.
Mxporu
from—
I f M l BndSne June 2, 1889.
Export'd to— _____
Gal renton......
Tex. City, Ac..
New Orleans.. 15,000
Mobile.
....
Perusacola......
Savannah......
Brunswick —
Charleston —
Port Royal —
W ilm ington,,.
N orfolk .... .
........
fCnOrt N.. Ac .
New Y ork......
5,£50
7,805
B oston...........
2,PH
Baltimore......
Philadelphia.. .......
Ban Fran., Ac..
........
32,457
886
T o ta l...........
Total, 1887-98.
From Sept-1,1888, to J'ne £ 1899.
Exported to—
Great
Great
Conti 1 otal
France
Franc f
BriVn.
nent. Week. Britain.
221
2n
......
13,871 29,569
........
1,*30 1,230
......
........
........
£86
7 829 14,164
7.945
60
4,395 7,309
860
850
1,036,142 384,527
18.686
775,446 266,448
138,120
84,373 15,149
61,700 32,210
106.284
78,930
21,210
118,002
46,211
18,986
280.084 23.945
373,478
114.554 1.065
14.243
14,068
Conti
nent.
lotal.
634,920 1,955,689
13,025
32,310
063.203 1,694,180
29,274 167,394
101,003 201,186
532,022 610,004
80,118 251,402
156,009 234,939
21,210
142,567 260,669
27,715
72,920
9.965
28.940
233 4 t 547,343
6.698 379,070
10A.041 210,650
14,248
117,400 331,477
*8,440 01,288 3,868 480 722,340 2,747,043 0,838,448
43,385 15,683 87,356 80,424 8,331,811 801,629 2,989,477 7,122,817
THE CHRONICLE.
1080
In addition to above exports, our telegrams to-night also
rive us the following amounts of ootton on shipboard, not
cleared, at the ports named.
W e add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert A Barrows. Produce Exchange Building.
_____
F utures .— The highest, lowest and closing prices
Futures at New York are shown in the following table.
da
OS SHIPBOARD, SOT CLEARED FOB—
J a n e 2 ai
N ew O r le a n s ...
G a lv e s to n .........
S a v a n n a h .........
C h a rle s to n ........
M o b ile ................
N o rfo lk ..............
N ew Y o r k .........
O ther p o r t a ....
L ea vin g
flo c k .
_
| Other
Great
B rita in . F r a n c e . jFortiffn
Coast
wise.
Total.
23,9 55
400
N one.
N one.
N one.
1,000
2 ,4 5 0
2 ,4 0 0
2 ,224
2 ,842
N one.
500
N one.
15,000
N one.
N one.
53 275
12,705
N one.
500
N one.
16,000
2,985
6 ,7 0 0
2 6 4 ,5 8 6
37,8 57
2 0 .1 4 4
7 ,9 3 3
8.553
2 3,3 75
170 ,74 4
44,7 45
5 8 2 ,9 3 7
5.834
N one.
N one.
N one.
N one.
N one.
500
4 ,3 0 0
21,2 62
9 .4 6 3
N one.
N one.
N one.
N one.
35
N one.
T o ta l 1 8 9 9 ...
10,6 34
30,760
30,205
20,566
T o ta l 1 8 9 8 . .
T o ta l 1 8 9 7 ...
17,639
7,715
658
9,068
37,7 32
24,797
15.842
7,702
72,771
49,282
G o o d O r d in a r y .................. o - H i o o f l
G o o d M id d lin g T in g e d ........ E ven
S trlot M id d lin g S ta in e d ___ 732 ofl
M id d lin g S ta in e d .................. 7 ,6 ofl
S trlot L o w M id . S t a in e d ... 1 ofl
L o w M id d lin g S ta in e d ........ 1 % ofl
S a t.
M id d lin g ........................................
G o o d M id d lin g ..........................
M id d lin g F a ir ................................
GULF.
L o w M id d lin g '..............................
M id d lin g ..........................................
G ood M id d lin g ..............................
M iddlin g F a i r ..............................
S T A IN E D .
L o w M id d lin g ................................
M iddlin g ........................................
S trict M id d lin g.............................
G ood M iddlin g T in g e d ..............
H on Tues
W ed
Th.
F ri
53,8
513,f
53,8
5l.3le
6%
6%
7%
0%
6%
7%
6k
60s
7k
in o n T u e a W e d
TU.
F rl
w
0
c=
a
S3
VI
oU e
6%
6%
7%
57,8
She
6%
6 7«
7%
8be
8he
6%
67,
7%
S a t.
n o n T oes W ed
Tb.
F rl
4 78
4%
5 »a „
6% ,
6%
4 7e
513,
61S2
6k
478
5 3 ,e
513,8
53,8
513lf
B
8%
6%
7%
6%
6%
7%
S3
N a t.
61,8
6%
6%
7%
6% "
6%
e 'lB
l 16
b
6%
8%
7%
53,„
4 78
H o li
day.
6U U
6%
e l;? 6
6%
The quotations for middling upland at New York on
J une 2 for eaoh of the past 32 years have been as follows.
. . . . 0 . 6%
1891
1883 . . . o . l O k
1 8 7 5 ....0 .1 6 %
1 8 9 0 . ....... 1 2 k
1 89 8 .......... 6%
1882
1 8 7 4 ......... 18%
------ 7 %
1889. ........i l k
1 88 1 . ........111,6
1 8 7 3 ......... 19%
......... 77,
1888. ........10
1 8 8 0 . ........I l k
1 8 7 2 ......... 26%
1895.......... 7 %
1 88 7 . ........117,8
1879. ........1 3 k
1 8 7 1 .........17%
1 894.
1 838.
1878 ....... 11 5*8
1 8 7 0 .........22%
1 89 3 . ........ 7%
1 885. ....... 1015,8
1 8 7 7 . ........i l k
1 8 6 9 .........30
1 8 9 2 .......... 7 H
1 884. ........119I6
1 8 7 6 . ........12
1 8 6 8 .........30%
N o t e .—O n O o t. 1 ,1 8 7 4 , g ra d e s o f o o tto n as q u o te d w ere ohanged
A r o o r d ln g to th e new ola ssifloa tlon M id d lin g w as ou that d a v auoted'
Ho. lo w e r th a n M id d lin g o f th e o ld ola ssifloa tlon .
M ARKET AND SALES.
The total sales of ootton on the spot
week are indicated in the following
convenience of the reader we also add
at a glance how the market for spots
lam e days.
Spo t M a b k k t
Clo se d .
S atu rda y ..
M o n d a y ___
T u e sd a y . . .
W ed n esd a y
T h u r s d a y ..
F r id a y ........
T ota l
F u tu res
M arket
Clo sed .
S tea d y ................. Q u iet ..........
S t e a d y ................. Q u iet A s t ’ d y
S t e a d y ............... Q u iet............
S t e a d y .................
s t e a d y .................
.........................
eaoh day during the
statement.
For the
columns which show
and futures closed or
Sa l e s
of
E x
p o rt.
203
.. Ilo li
200
403
0303
Sp o t A C o n t r a c t .
Ooti- 1 Con»ump.\ tract.
94
162,
Total,
400
94
765
7 0 2 .3 0 0
270
....
161 j
....
2,570
270
161
7 '7 l 2,700
3.860
“! « :.
—r
03 ,
cum
b *>;
M .
.
M .
d
: ?I ? ) ;« r7
g «■ :a I P
:
■■
■
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07 CD
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00 00
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1 9
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1 d
05.
05 ,
01 .
u »u »
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0 1
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CO
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0303
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enw
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© ©
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I f -t o
1
•
1
07 C*
COCO
MM
1 9
oo a >
3 7 9 ,2 1 1
2 6 5 ,7 3 1
On this basis the offioial prices for a few of the grades for
the past week— May 27 to June 2—would be as follows.
U PLA N D S.
s ® I a ® t- 5 ® » a ® « a ® ® a ® ®B ® g o ® G b ®
»■
Ion;
• *
b
®
P
:
a a
b
®
P
:
■ a
of
5 (9
S’
I: :
$
Speculation in cotton for future delivery has continued
without animation and there have been no changes of an im
portant nature in values. Weather conditions at the Siuth
have been generally favorable and crop prospects have been
good, which has prompted limited selling of the new crop
deliveries. Bear operators, however, have not been aggres
sive in their operations, as prices have been on too low a basis
to admit of free sales. The continued healthy condition of
the cotton7 goods market both at home and abroad had a
tendency to give tone to the situation.
English advices
have reported steady markets, a good demand at Liverpool
for spot cotton being the sustaining factor.
To-day the
narket continued to present a tame and uninteresting ap
prarance. English advices reported a slightly steadier mar
ket and a few buying orders for Liverpool account, with the
remit that prices advanced a point or two early in the day.
During the day the slight improvement in prices was lost,
closing unchanged, exclusive of August, which was 1 point
higher. Cotton on the spot has been quiet and unchanged at
6J£c. for middling upland.
The rates on and oil middling, as established Nov. 16,1893,
by the Revision Committee, at which grades other than
m idling may be delivered on contract, are as follows.
F a ir .........................................o. 114 on
M iddling: F a ir ..........................
7e o n
S tr lo t G o o d M id d lin g ...........
% on
G o o d M id d lin g ........... ...........
% on
S trlo t L o w M id d lin g ............. 3i « o f f
L o w M id d lin g....... ............... 7 ,a off
S tr lo t G o o d O r d in a r y ...........
% off
(g®
• •
1
92,1 65
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T h e V i s i b l e S u p p l y o f C o t t o n to-night, as made np by
cable and telegraph, is as follows. Continental stocks, as well
as those for G-reat Britain and the afloat, are this week’s re
turns, and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (June 2), we add the item of exports from
the United States, including in it the exports of Friday only.
1899.
1898
1897.
1896.
S took at L iv e r p o o l.........b a le s .1 ,4 4 0 ,0 0 0 1 ,170,00C 1 ,0 8 1 ,0 0 0 1 ,0 2 6 ,0 0 0
a to o k a t L o n d o n ........................
3 ,0 0 0
5 ,0 0 0
5 .0 0 0
4 000
.1 .4 1 3 .0 0 0 1 ,1 7 5 .0 0 0 1 ,0 8 6 .0 0 0 l,0 d 0 ,0 0 0
2 7 ,0 0 0
2 2 ,0 0 0
.
2 7 ,0 0 0
1 2 ,0 0 0
2 0 7 ,0 0 0
. 3 0 5 ,0 0 0
2 8 6 ,0 0 0
1 8 4 .0 0 0
9 ,0 0 0
4 ,0 0 0
S tock a t A m ste rd a m ..
3 ,0 0 0
2 ,0 0 0
200
8 to c k a t R o t t e r d a m . .
300
200
300
S took at A n t w e r p ____
1 3 .0 0 0
4 .0 0 0
9 ,0 0 0
9 ,0 0 0
2 6 3 ,0 0 0
2 1 6 ,0 0 0
2 0 9 ,0 0 0
. 204 000
7 ,0 0 0
S took a t M arseilles.
6,000
4 ,0 0 0
6,000
8 3 .0 0 0
.
9 9 .0 0 0
9 2 ,0 0 0
8 1 ,0 0 0
8 3 .0 0 0
.
7 0 ,0 0 0
4 2 ,0 0 0
3 8 ,0 0 0
3 0 ,0 0 0
.
2 6 ,0 0 0
9 ,0 0 0
1 7 ,0 0 0
5 7 4 ,3 0 0
7 2 2 ,2 0 0
. 7 4 4 ,2 0 0
6 6 8 .3 0 0
T o ta l E u ro p e a n s t o o k s ....2 ,1 8 7 ,2 0 0 1 ,8 4 3 .3 0 0 1 ,6 6 0 ,3 0 0 1 ,7 5 2 ,2 0 0
In d ia c o tto n a floa t f o r E u ro p e 1 0 7 ,0 0 0
1 7 2 .0 0 0
1 4 7 .0 0 0
1 0 9 .0 0 0
* ----------A
m er. o o—
tto n a flo a t fo —
r E ’ rop e. 1 7 6 ,0 0 0
111.000
1 4 9 .0 0 0
2 3 4 .0 0 0
E gy p t. B ra zil,& c., a flt.fo r E fp e
9 ,0 0 0
1 8 ,0 0 0
22.000
8,000
8 to o k in U n ited States p o r t s .. 6 7 5 ,1 0 2
3 2 3 ,1 9 7
4 5 2 .0
2 3 1 5 ,0 1 3
S took in U . 8. In te rio r t o w n s .. 3 5 3 ,1 7 5
1 3 7 ,7 0 7
9 1 ,1 7 2
1 9 1 ,7 9 4
U nited States e x p o r ts to -d a y ..
15,1 39
6 ,8 9 8
9 ,7 0 5
1 9,3 74
T o ta l v is ib le s u p p ly ........... 3 ,5 3 6 ,6 1 6 2 ,8 7 9 ,4 8 0 2 ,3 8 0 ,1 9 0 2 ,5 1 2 ,0 0 2
O f th e a b o v e , to ta ls o f A m e r ic a n a n d o th e r d e s c rip tio n s a re as f o l l o w s 1
A m e r ic a n —
L iv e r p o o l s to o k ................b a le s .l,3 5 4 ,0 0 C 1 ,0 7 6 ,0 0 0
9 3 4 .0 0 0
8 7 0 .0 0 0
C on tin en tal s to o k s ..................... 6 8 1 .0 0 0
6 2 3 ,0 0 0
5 8 0 .0 0 0
4 8 8 .0 0 0
A m e rica n ,a flo a t fo r E u r o p e ... 1 7 6 ,0 0 0
2 3 4 .0 0 0
1 1 1 .0 0 0
1 4 9 .0 0 0
U nited S tates s to c k .................... 6 7 5 ,1 0 2
3 2 3 ,1 9 7
3 1 5 .0 1 3
4 5 2 ,0 1 2
U nited S tates in te rio r s to c k s . 3 58 ,17 5
1 3 7 ,7 0 7
9 1 ,1 7 2
1 9 9 ,79 4
U nited S ta tes e x p o r ts to -d a y ..
15.139
19,374
6 ,8 9 8
9 .7 0 5
T o ta l A m e r ic a n .....................3 ,2 5 9 ,4 1 6 2 ,6 0 4 ,1 8 0 1 ,9 8 6 ,8 9 0 2 ,0 28*802
East I n d ia n . B ra zil, die —
L iv e r p o o l s t o c k ............................
86,000
1 4 7 .0 0 0
1 5 6 .0 0 0
9 4 .0 0 0
L on d on s to o k ......................... . . .
3 ,0 0 0
5 .0 0 0
5 .0 0 0
4 .0 0 0
C on tin en tal s t o c k s .....................
63,20 0
4 5 ,3 0 0
1 4 2 ,2 0 0
8 6 ,3 0 0
In d ia afloa t fo r E u r o p e ........... 1 0 7 ,0 0 0
1 0 9 ,0 0 0
1 7 2 .0 0 0
1 4 7 .0 0 0
E gypt, B ra z il, & o., a floa t.........
1 8 ,0 0 0
8.000
22 .000
9 .0 0 0
T o ta l E a s t In d ia , &
- o...........
............. 2 7 7 ,2 0 0
2 7 5 ,3 0 0
3 9 3 .3 0 0
4 8 3 ,2 0 0
T otal A m e r ic a n .................... 3 .2 5 9 ,4 1 6 2 .6 0 4 ,1 8 0 1 ,9 8 6 ,8 9 0 2 .0 2 8 ,8 0 2
T ol rta
l visib le >s uTpI wp nlyi m...........3
,5 3r »6, n,6 1 61 2 ,8 7 9 ,4 * 0 2 ,3 8 0 1 90 2 .5 1____
2 .0 0 2.
ifF I Iriln n H
M idl idl llin
g U p la n d , L
iv e r pnonol l..
3 1 3 ' . , d.
3»t. d.
4% d.
3 1 5 ,fld.
M id d lin g U p la n d , N ew Y o r k ..
«'™0
6% c.
7% o.
7% o.
E g y p t G o o d B ro w n , L iv e r p o o l
5 7 , ,d
413,,d.
5% d.
6% d.
P e ru v . R o u g h G o o d , L iv e r p o o l
6 % d.
6% d.
68le d.
e% d.
317,, d
B ro a o b P in e , L iv e r p o o l...........
a08d.
3% d.
4'ied.
T in n e v e lly G o o d , L i v e r p o o l ...
3s>'3. d.
3i9 32d.
3% d.
4 l3id .
E3F" The imports into Continental ports the past week have
been 89,000 bales.
The above figures indicate an increase in the cotton in
sight to-night of 657,136 bales as compared with the same
date of 1898, a gain of 1,156 436 bales over the corresponding
date of 1897 and an excess of 1,024,614 bales over 1896.
THE
J une 3 1899 1
A t t h e I n t e r i o r T o w n s the movement— that is the receipts
for the week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
oorreeponding period of 1397-98—is set ont in detail below.
1
;
m
*
• -
a ?
m
h
-
2
H
pa
-------£
.£ 2
* • *?
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;
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2 a
.
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n
? ?
n
n
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l
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S
S r iS
o
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................ * 2 * .....................g
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~ ‘
©tOC^XtO©' P- ■
—• P *#-© X -1»-»© «C , *»W —
Q u o t a t io n s
for
0
M id d l in g C o tto n
at
O t h e r M a r k e t s .—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
OI.O SINO Q U O T A T IO N S F O B M ID D L IN G O O TT O N O N —
J u n e 2.
S aiur.
G a lv e s to n ...
N ew O rleans
M o b ile .........
S a v a n n a h ...
O iiarleaton.,
W ilm in g ton .
N o r f o l k ........
516m
53i
S lim
5»s
56,0
57S
5’ a
6^4
aq
6*4
6%
53»
513i«
515ie
5 "a
5 7o
B a lt im o r e .
P hiladelph ia
A a g u s t a .,...
M e m p h is___
St. L o u ie ___
H o u s to n .......
C in c in n a t i..
L o u is v ille ...
M on.
Tues.
5 lBl8
516,0
5%
5 H 1S
5=8
5 »,o
5 7s
6
5 l l ia
5=9
5»ia
5 7s
5 7s
6^
6-4
6 >s
6%
5%
513,0
5 IS „
5 7o
5 7e
W ed nes.
Thurs.
F ri.
516,0
5%
5 li,o
5»s
5 8,s
5 7s
6
6
61*
6 L,
6%
5%
513,6
516,0
578
5 7s
5 l6 ,e
5%
511,6
5=a
5 9,o
5 78
6
63*
6 i<
6 Hi
6*8
5%
513,6
515,0
0 78
5 7o
516,6
5^
6%
55,
516,0
5 7a
v l* lB
o “s
K 18
578
6
6^4
01*
6%
53,
5 18ia
516,0
5 7a
5%
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
Athens...............
- I
«
6%
Atlanta.........
54,
Columbus. G a.
5>s
C harlotte........
6%
C olu m b u s,M iss
E u la u la .............
L ittle R o o k
M o n tg o m e r y ...
5 1*
53s
5>s
N a s h v ille ..........
N a t o h e r ............
5Sg
5 # ,g
S h r e v e p o r t ....
57, „
Raleigh........
6
■k
R e c e i p t s f r o m t h e P l a n t a t i o n s — The following table
to indicates the actual movement each week from the planta
The" figures do not include overland receipts nor
sF J-* tions.
X
© Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the
crop which finally reaches the market through the outports.
1 !
to *
Week
Ending—
1?
0;
I
?* 1 ~
f
© ■ '!►-*
© 12
©
m03(0
tO
sO X 03 to 0- iCO — to 10 ® © © X -Xo» V> ©<I © © O © O J© X ® © to i 5
/ j p Ct -2p ©
y y y © Ji 0» © X X © 00 P-jd *•j 1J©‘O O ti © ys D. +©
se^©£»■la toVi'©■©'osVj'©'W © '© V ©
' 0
3
c ‘-»'l x ©'"x
-1 09 ^
X + © + VS© © ►*ta ® 9 © «- coco i* +*CO*<0* © O*© © -M
C-.
3 C M S - 4 9 » M - 8 C - 2 0JH®1! W 'M M I s a
+■
~
JO;
JC M
OC «
— 03 **-t
03
^
.. S !
© — to © © V) ©'—’•>ItOc
»0 0«^C0 03 *
x«-*to
s;
,“ 'x - o »© ©C"! » * o > i ;o » ; *»;
© j © 1^ W r iP C X O O r iO V*0*0 p. -J
© X O to 0*© - 4- CP<1©
1031
CHRONICLE.
0
C 0
is
5
w
X
X
X
S S
OC ?«*
The above totals show that the interior stocks have de
creased during the week 19,155 bales, and are to-night 158,381
bales more than at same period last year. The receipts at all
towns have been 4,436 bales more than same week last year.
Aj>r.
May
*
**
**
June
38 .
6
it
10
20
3
iltctipt* a t th 4 Port* SVk at Interior T&tent. Ree’vU from Plant ns
1890.
168*. | 1888.
1897.
•l.llfc
34.5-r8 ItO.^OS 308.1&2
*«.34S 421.014 282.8011
82,00: 403.317 202.030
29 "3 ; 388,435 237.398
10,15 ]377,080 224.220
lt.stsl 4SS,, ?M1W>,79»
80,281
53.109
62.S18 38,563
60.010 88.454
3^0 8 30,038
34.S&4
1898.
1897.
1899.
1898.
171,920
144.401
131.701
112.982
101,291
91.172
50,037
41,877
45,121
45,007
27.263
12,814
30.377 21,801
29.28: 14,S li
10,859 19,307
11,522 1.913
25.8e6 4.401
9.822
1807.
The above statem ent shows: 1.— That the total receipts
from the plantations since Sep. 1, 1898, are 8,441,519 bales; in
1897 98 were 3,029,031 bales; in 1896-97 were 6,606,509 bales.
2.—That although the receipts at the outports the past week
were 82,269 bales, the actual movement from plantations was
13,814 bales, the balance bring taken from stocks at Interior
towns. Last year receipts from the plantations for the week
were 9.822 bales and for 1897 they were ------bales,
W eather R eports bt T elegraph . — A dvices to us by tele
graph this evening from the South indicate that the weather
has been favorable as a rule during the week. A t some
points on the Atlantic where moisture was needed there has
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d .Si n c e S e p t . 1 . —
W e give below a statement showing the overland movement been beneficial rain and the temperature has been generally
for the week and since Sept. 1, as made np from telegraphic satisfactory. In districts o f Texas, however, and in some
reports Friday night. The results for the week ending
sections of the Q n lf States rain is needed.
June 2 and since Sept. 1 in the last two years are as follows.
Galveston, Texas.— There has been no rain the past week
The thermometer has averaged 81, ranging from 78 to 84.
1308 9 9.
1 89 7 -9 6.
Month’s rainfall nil.
June 2
Sine€
Si rice
Palestine, Texas.—There has been no rain the past week.
Week. Sept. 1,
Week. Sept. 1,
The thermometer has ranged from 68 to 90, averaging 79.
Bkinp&l~
May rainfall four inches and eightv-four hundredths.
Via Bt.
........... .
7,777 896,772
828.836
Huntsville, Texas.—W e have had dry weather all the week.
Via Cairo............................... 4,87*5 392,75 i 5)896 373,892
Via Parker........ ..................
31,013 Average thermometer 83, highest 94 and lowest 71. Month's
Via Rock Ieland___ ________
51 46,522 rainfall one inch and twenty-one hundredths.
42,967
Via Louisville......... . .......... 3,090 181.520 1,822 128,881
Dallas. Texas. — It has been day all the week. The ther
Via Cincinnati......... ...........
2.0’ 7 167,054 1,709 143.886 mometer has averaged 79, the highest being 94 and the
Via itberrontee, Ac..............
6,117 203,9 il 12,946 168,941
lowest 63. May rainfall four inches and forty-four hun
Total gross overland............ 24,5*2 1,891,008 30,521 1,721,971 dredths.
D td u d th ip n u n u —
San Antonio, Texas. —It has rained very lightly on one day
Overland to N. Y., Boaton, Ac.. 6,253 509,141 5,483 470,602
Between Interior towns.........
261 44,223 1.248 33,551 of the week; minimum temperature 74; month’s rainfall two
Inland, Ac., from Sonti.........
3,024 89,904
782 44,103 inches and twenty-two hundredths.
Luting, Texas.—W e have had a trace of rain on one day
Total to be deductaA.........
9,538 643,508 7,513 548,256 during the week. The thermometer has ranged from 72 to
Leaving total net overland1.. 15,004 1,247,440 23,008 t,173,715 92. averaging 82. Month's rainfall two inches and thirty-six
hundredths.
* I n c lu d in g m o v e m e n t b y ra il to C an ad a .
Columbia, Texas.—Moisture is badly needed. There baa
T he foregoing shows that the week's net overland movement
this year has been 15,004 bales, against 23,006 bales for the been no rain during the week. Average temperature 78,
week in 1898, and that for the season to date the aggregate net highest 88 and lowest sixty-eight. May rainfall ten hun
dredths of an inch.
overland exhibits an excess over a year ago of 73,725 bales.
Cuero, Texas — Dry weather has prevailed all the week,
The thermometer has averaged S3, the highest being 94 and
1897-98.
1898-99.
I n S igh t a n d s p i n n e r #’
the lowest 71. Month's rainfall one inch and seventy-six
Taklngx.
S ince
S ince
hundredths.
Week. Sept, 1,
Week.
Sept. 1.
Brenham, Texas. —Rain has fallen on two days of the past
B oaeip ta a t p o r t * to J u n e 2 ......... 3 2 ,209i 3 ,1 8 7,46 3 3 4 ,2 5 4 8 ,4 7 4 ,3 0 8 week to an inappreciable extent. The thermometer has aver
N e t o v e r la n d to J a n e 2 . . . ............. . 1 5 ,0 0 4 1 .247,410 23,0 08 1 ,1 7 3,71 5 aged 81, ranging from 71 to 90. May rainfall one inch and
S o u th e r n c o n s u m p t io n to J a n e 2, 2 6 ,0 0 0 1,02 4,OOO 2 1 ,0 0 0
8 6 7 ,0 0 0
twenty-eight hundredths.
T o ta l rnarfeeted.. ...... ............... 7 3 .2 7 3 104 5 8 90 3 7 8 .2 6 2 105 1 5 01 8
Corpus Christi, Leras,— There has been no rain during the
I n t e r io r etoofee iu ex ceed
. . . . *1 9.4 5^
2 5 4 ,0 5 6 ♦24,432
154,718 week. The thermometer has ranged from 76 to 84. averaging
75. Month's rainfall one inch and fifteen hundredths.
C am e in to sig h t d a rin g w e e k . 5 3 ,8 1 8
5 3 ,8 3 0
Weatherford, Texas.— There has been a trace of rain on
T o ta l to sigh t J a n e 2 ....
1 0 7 1 2 95 9
10600736
.........
one day during the week. The thermometer has averaged
N o rth 'n sp in n ers tak’ g s to J u n e 2. 3 1 ,7 5 7 :2 ,0 8 8 .7 1 7 2 0 ,3 7 4 2 ,0 9 7 ,3 0 8
84, the highest being 97 and the lowest 71. May rainfall five
* D e cre a se d u rin g w e e k
inches and fifty four hundredths.
It will be seen by the above that there has come into sight
Hew Orleans, Louisiana,— W e have had rain on one day of
during the week 53,818 bales, against 33,830 bales for the the week, the precipitation reaching fourteen hundredth’s of
same week of 1898, and that the increase in amount in sight an inch. The thermometer has averaged 80.
to-night as compared with last year is 43,223 bales.
Shreveport, Louisiana.— W e have had a trace of rain, ou
10*2
THE CHRONICLE.
one day during the week.
The thermometer baa ranged
from 88 to 03, averaging 80.
Columbus, Miasiesippi.— W e have had rain on three days
during the past week, the rainfall being ninety-three hun
dredths of an inch. Average thermometer 80, highest 94
and lowest 64. Rainfall for the month of May four inches
and fifty-six hundredths.
L eland, Mississippi.—W e have had no rain during the
week The thermometer has averaged 74, the highest being
b? and the lowest 60.
Vicksburg. Miss.— Crops are backward and a poor stand.
Rain is much needed in some localities. Rain has fallen on
one day of the week, the precipitation reaching seventyeight hundredths of an inch. The thermometer has aver
aged 70, ranging from 65 to 90.
Greenville, Mississippi.— The weather has been hot during
the week, but with very little rainfall.
Little Mock, Arkansas.— W e have had rain on one day of
the week, the rainfall reaching one inch and seventy six
hundredths
Average thermometer 7 5 ,highest 90, lowest 60.
Helena, Arkansas.—The weather has been hot and satis
factory for crops, which are growing finely. W e have had
heavy rain on one day of the week, to the extent of one inch
and five hundredths " The thermometer has averaged 74, the
highest being 84 and the lowest 62.
May rainfall three
Inches and ninety-five hundredths.
Memphis. Tennessee— The weather has been favorable for
the growth of young crops. There has been rain on two
days of the we*-k, to the extent of one 'nch and forty-one
hundredths. The thermometer has averaged 77*6, ranging
from 65 3 to 87*1. May rainfall five inches and eighteen
hundredths, en ten days.
Nashville, Tennessee.— There has been rain during the
week to the extent of four hundredths of an inch. The
thermometer has ranged from 58 to 90, averaging 74.
Mobile, Alabama.— Crop reports axe irregular and conflict
ing. In some sections cotton is not up and in others not yet
planted. Early cotton is doing fairly well but is two to
three weeks late, and general rains are badly needed. It has
rained on two days of the week, the rainfall being sixtyeight hundredths of an inch. Average thermometer 77,
highest 84 and lowest 62. May rainfall one inch.
Montgomery, Alabama — Crops are doing very well. W e
have had rain on one day of the past week, the rainfall
being twenty-two hundredths of an inch. The thermometer
has aveiaged 74. the highest being 93 and the lowest 55. May
rainfall one inch and seventy-three hundredths.
Madison, Florida.—W e have had no rain the past week.
The thermometer has ranged from 68 to 95, averaging 82.
Savannah, Georgia.— The week’s rainfall has been twelve
hundredths of an inch, on two days. Average thermometer
76, highest 93, lowest 60.
Augusta .Georgia.— There has been rain on one day during
the week, to the extent of eighteen hundredths of an inch.
The thermometer has averaged 75, the highest being 93 and
the lowest 52.
Charleston, South Carolina.— There has been rain on four
days during the week, to the extent of ten hundredths of an
inch. The thermometer has averaged 75, ranging from 62
to 87.
Stateburg, South Carolina.— It has rained on one day dur
ing the past week, the rainfall being twenty-four hundredths
of an inch, and it is raining now. There are indications of
an abundant supply of needed moisture. The thermometer
has ranged from 53 to 93, averaging 76. May rainfall one
inch and fifteen hundredths.
Greenwood, South Carolina.—Rain has fallen on one da'
of the week, to the extent of fifty-three hundredths of ai
inch. Average thermometer 78, highest 98 and lowest 65
May rainfall one inch and eighty-four hundredths.
Wilson, North Carolina. - W e have had rain on one da'
during the week, to the extent of forty-five hundredths o
an inch.
The thermometer has averaged 76, the highest be
ing 88 and the lowest 52.
The following statement we have also received by telegraph
showing the height of the rivers at the points named a
8 o clock June 1, 1899, and June 2, 1898.
V ol. LXVIII,
O u r C o t t o n A c r e a g e - R e p o r t . — Our cotton acreage report
will probably be ready* about the 8th of June.
Parties
desiring the circular in quantities, with their business card
printed thereon, should send in their orders as soon as possi
ble, to ensure early delivery.
I n d i a C o t t o n M o v e m e n t f r o m a l l F o r t s . — The receipts
of cotton at Bombay and the shipments from all India porta
for the week ending June 1, and for the season from Sept. 1
to June 1 for three years have been as follows:
1 8 9 7 -9 8 .
1 89 8 -9 9.
R eceipts at—
S ince
Sept. 1.
W eek.
B o m b a y ...........
W eek.
3 9 ,0 0 0 1 ,8 4 5,00 0
B o m b a y—
1 8 9 8 -9 9 ..
1 8 9 7 -9 8 ..
1 8 9 6 -9 7 ..
O a lou tta —
1 8 9 8 -9 9 ..
1 8 * 7 -9 8 ..
1 8 9 6 -9 7 ..
M adras—
1 8 9 8 -9 9 ..
1 8 9 7 -9 8 ..
1 8 9 6 -9 7 ..
I l l o th e rs—
1 8 9 8 -9 9 ..
1 8 9 7 -9 8 ..
1 8 9 6 -9 7 ..
T o ta l all—
1 8 9 8 -9 9 .
1 8 9 7 -9 8.
1 8 9 6 -9 7 ..
J ute Butts, Bagging , & c.—Jute bagging has been abs
lutely without activity during the past week. Prices a
nouuiually 5 % @ f i % c . for 1% lbs. and 0^ @ 6 >^c. for 2 lb i
standard grades. Jute butts also continue dull at 105c. f
paper quality and l% c . for mixing to arrive. From Mes’si
ira A. Kip & Co. s circular we ascertain that the deliveri
of jute but's and rejections at New York and Boston durii
May were 33,884 bales, against 63,140 bales for the san
“ " " ‘i l ™ 5'ear* ? nd Blnce January 1 the deliveries have bet
159,033 bales, against. 241,692 bales last year. Importers ai
speculators at New York and Boston held no stock on Mav ;
70 ™ f , ,e a r ; amount afloat for the United States reach
70,106 bales, against 128,327 bales last year.
•
N ,EWn K^ ? LAND M lu -S S i t u a t i o n . — Weavers in the W a
wick (it. 1 ) cotton mills to the number of one hundred a i
thirty struck on June 1 in support of a demand for a tt
per cent increase in wages.
4 4 ,0 0 0 1 ,4 2 7 ,0 0 0
S in ce S ep tem b er 1.
G reat
B r ita in .
C o n ti
n en t.
G reat
B rita in .
C o n ti
n en t.
Total.
1,000
1,000
5 ,0 0 0
18,0 00
9 ,000
5 ,0 0 0
1 9 ,0 0 0
1 0 ,0 0 0
1 4 ,0 0 0
1 0 ,0 0 0
2 7 ,0 0 0
4 3 9 ,0 0 0
3 3 0 ,0 0 0
4 9 2 ,0 0 0
4 5 3 ,0 0 0
3 4 0 ,0 0 0
5 1 9 ,0 0 0
1 ,000
1,000
2 ,0 0 0
3 ,0 0 0
6 ,0 0 0
2 0 ,0 0 0
1 5 ,0 0 0
5 4 ,0 0 0
2 2 ,0 0 0
1 8 ,0 0 0
6 0 ,0 0 0
2 ,0 0 0
2 ,0 0 0
6 ,0 0 0
1 7 .0 0 0
3 ,0 0 0
1 4 .0 0 0
1 9 .0 0 0
5 ,0 0 0
2 0 .0 0 0
i.ooo
1 ,0 0 0
T otal.
4 ,0 0 0
3 ,0 0 0
4 ,0 0 0
4 ,0 0 0
3 ,0 0 0
4 ,0 0 0
7 ,C00
1 1 ,0 0 0
2 3 ,0 0 0
8 7 ,0 0 0
7 1 ,0 0 0
7 8 ,0 0 0
9 4 ,0 0 0
8 2 ,0 0 0
1 0 1 ,0 0 0
9 ,0 0 0
2 1 ,0 0 0
14,0 00
9 ,0 0 0
2 2 ,0 0 0
1 5 ,0 0 0
2 5 ,0 0 0
2 6 ,0 0 0
6 2 ,0 0 0
5 6 3 ,0 0 0
4 1 9 ,0 0 0
63*1,000
5 8 8 ,0 0 0
4 4 5 ,0 0 0
7 0 0 ,0 0 0
According to the foregoing, Bom bay appears to show a
decrease compared with last year in the w eek’s receipts of
26,000 bales.
Exports from all India ports record a loss
of 13,000 bales during the week and since September 1 show
an excess of 143,000 bales.
A
l e x a n d r ia
R
e c e ip t s
and
S h ip m e n t s
C o t t o n .—
of
Through arrangements we made with Messrs. Davis, B enachi
& Co., of Liverpool and Alexandria, we now receive a w eekly
oable of the movements of cotton at Alexandria, Egypt. The
following are the receipts and shipments for the past week
and for the corresponding week of the previous two years.
A le x a n d r ia , E gypt,
M a y 3L
1 89 8 -9 9.
1 8 9 7 -9 8 .
1 8 9 6 -9 7 .
5 ,0 0 0
5 ,5 5 3 ,0 0 0
5 ,0 0 0
6 ,5 0 6 ,0 0 0
8 ,0 0 0
5 ,7 6 6 ,0 0 0
...
R eoeip ts (e a n ta rs* ). . .
T h is w e e k ...................
S in ce Sept. 1............
T h is
S in ce [I This
w eek . Sept. 1 . |i w eek .
E x p o rts (b a les)—
T o L iv e r p o o l.............
T o C o n tin e n tt......... .
4.000 3 0 0 ,0 0 0
6 .0 0 0 3 2 0 ,0 0 0 .
S in ce
Sept. 1.
This
w eek.
S in c e
Sept. 3.
1 ,0 0 0 3 1 9 .0 0 0
5 ,0 0 0 3 9 2 .0 0 0
3 1 3 .0 0 0
2 ,0 0 0 3 4 0 .0 0 0
T o ta l E u ro p e ......... 10.000 6 2 0 ,0 0 0 II 6 ,0 0 0 7 1 1 ,0 0 0
2 ,0 0 0 6 5 3 ,0 0 0
* A o a n ta r Is 98 p o u n d s.
t O i w h ic h t o A m e r ic a in 1 8 9 8 -9 9 , 4 4 ,9 8 3 b a le s ; in 1 8 9 7 -9 8 , 4 8 ,5 0 8
b ales; in 1 89 6 -9 7, 4 7 ,4 3 5 b a le s .
This statement shows that the receipts for the week ending
May 31 were 5,000 eantars and the shipments to all Europe
10,000 bales.
M a n c h e s t e r M a r k e t , — Our report received by cable
to-night from Manchester states th at the market is firm
for both yarns and shirtings. Manufacturers are working
at fair profits. W e give the pricfs for to-day below and
leave those for previous weeks of this and last year for
comparison.
1 89 9 .
1898.
8 H lb s. S hirt Oott’ t.
8 2 s Oop. in g » , com m on
M id.
T w ill.
to f i n e s t .
UpLd
N ew O r le a n s .. . . . . . . . . .A b o v e zero o f g a u g e .
..........................A b o v e zero o f g a u g e .
W M nvllle.......................... A b o v e zero o f ga u g e.
B w e v e p o r t...................... A b o v e zero o f g a u g e.
V lok abiirg........................... A b o v e z ero o f ga u g e.____
S in ce
Sept. 1.
W eek.
6 5 ,0 0 0 1 ,5 6 2 ,0 0 0
F o r the W eek.
E xp orts
fr o m —
1 8 9 6 -9 7 .
S in ce
Sept. 1.
a.
d.
5®8 '©S1!!
S3?} '5>613
5 H i6 @ 6 » 16
s.
4
4
4
4
5% ® 6 Sp 4
5 1 3 ,* -6 i
4
d.
s. a.
2 ® 6 11
2 @ 6 11
2 @7 0
2 ia ® 7 0
2 b i® 7 0
3 @ 7 lie
8*4 ib e . S h irt O o tfn
in g s, co m m o i. M id .
to f i n e s t .
V p ld i
3 2 t Cop.
Tw ist.
a.
a.
d.
3% 8
® 6 7s
33s 578 ® 6 78
3 is s. 5 78 ® 6 78
83s 5 is1(i-6131(
33s 51SU -61S1(
318,<52 515,.-613, „
3.
4
4
4
4
4
4
<].
e. a
2Ja® 6 l O k
2 @ 6 10
2 @ 6 9 1,
2 @6 9
2 @ 6. 9
2 ®6 9
d.
31032
39,6
!? «
39ie
3=8
3»16
Sea I s l a n d C o t t o n M o v e m e n t , — W e 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 2) and since
Sept. 1, 1898, the stocks to-night, and the same items for the
corresponding periods of 1897-98, are as follows.
R e c e ip ts to J u n e 2.
S a v a n n a h .......................... .
C h a rle sto n , & o .................
F lo rid a , A o ........................
T o t a l..............................
189 8 -9 9.
1 8 9 7 -9 8
T h is
S in ce
w eek . S ept. 1
T A is
S in ce
w e ek . S ep t. 1
14
1
5 2 ,8 8 8
5 ,579
8,161
15
66,6 28
Stock.
1899.
1898,
*“ 2
5 6 ,7 «3
9,771
6 ,7 0 6
1 ,7 0 3
501
63
2
7 3 ,2 6 0
2 ,2 6 7 1 0 ,8 5 9
6 ,8 9 6
3 ,1 0 7
856
THE CHRONICLE.
J une 3, 1899,|
Tiie exports for the week ending this evening reach a total
of 173 bales, of which 53 bales were to Great Britain, 120
to France and — to R ival, and the amount forwarded to
Northern m ilk has been 163 bales.
Below are the exports
for the week and since September 1 in 1893-99 and 1897-93.
M x p o rit
fr o m —
fia x a n n a h ..
C h a rl’ t’ n.A t
fflo rlffa , A c
N ew Y ork.
B o s t o n ____
B a l t , A m ...
WteK UruUn j J u n e 2. S inee S ept. 1 ,1 8 9 8 .
3 r e a i Fr'nc€
B r ta l F r ’ n t t
t o t a l . Irit'n .
Total
3 rit’ n.
A t.
AC.
......
” *83
~120
T o t a l ........
53
1 20
1 897-8
877
4 ,9 4 9
1 ,5 4 2
200
“ 173 L3.856
1,981
****** 2 .7 5 4
/forth’ n M u t,
W eek,
j
i
7 ,9 4 0
1 ,5 1 2
200
5 ,7 2 7 19,583
1,931
2,754
..........! 7 ,9 8 4
173 2 5 ,2 8 1
8 ,7 1 8 3 4 ,0 0 0
1 6 9 3 7 ,6 6 3
877 3 0 .6 4 7
7 ,9 2 2 3 8 ,5 6 9
3 0 0 3 1 ,1 6 3
2 ,9 9 1
1 6 9 ,2 8 ,2 6 1
A considerable portion of the Sea Island cotton shipped to
foreign ports goes via N ew York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern ontporta, we follow
the same plan as in oar regular table of including it when
actually exported from New York, Sea. The details of the
shipments o f Sea bland cotton for the week will ba found
under the head “ Shipping N ew s." on a subsequent page.
Qnotat ons Jane 3 at Savannah, for Florida*, common,
9 c .: medium fine, 10c.; choice. lHc., all nominal
Charleston, Carolina*, medium fine, 13c.; fine, 00c.; full fine. ‘£1 to H o .; extra tine 40 to 50c.
O ver laid M o v e m e n t & c\, t o June 1 — In our editorial
columns to-day will be found our regular statements of
overland movement, receipts, exports, spinners’ takings,
&o,, brought down to June 1.
N ew Y o k e Cotton Exchange—T wenty n in t h A nnual
M eeting, —The twenty-ninth annual meeting o f the New
York Cotton
Exchange was held on Wednesday, May 31. In
their joint report President Robinson and Secretary Ballard
remark:
T he s a t is fa c t o r y term in a tion o f th e w a r w ith S p a in b rou g h t a b ou t
a ge n e ra l re v iv a l o f b u sin ess th ro u g h o u t th is c o u n t r y , w h ich has
b e e n a ba ted In b y the co tto n tra d e , and th e a b u n d a n ce o f American
ca p ita l, the Im m ense p r o s p e r ity o l A m e r ic a n In d u stry, and lh c b righ t
o u t lo o k f o r In co rp o ra te d A m e r ic a n e n terp rise. !a v e r y e n c o u r a g in g fo r
th e fu t u r e o f o u r E x ch a n g e .
A n e v e n t w h ich ca n n o t b e t o o s tr o n g ly em p ba a ired , heoau.se o ' He
g r e a t Im p o rta n ce t o the w h o le e o n u tr y . b u t p a r tic u la r ly l o th e s ta t e
a n d c it y o f N e w Y o r k , a n d th e re b y to o u r E x ch a n g e , is t e a c tio n o f
C o a g re e * a t Its last s e s l o n , b y a p p r o p r ia tin g a n a m o iin t o f m on ey
su fficien t to Im p r o v e th e h a rb o r o f N ew Y o rk so that fro m lte d o ck s to
th e o p e n o c e a n th ere w ill b e a d ep th o f w a te r g rea t en ou g h a t a n y
c o n d it io n o f th e tid e, a n d at a n y h o a r o f th e tw e n ty -fo u r , f o r the
p a ssa g e o f th e la rg e s t vessel* afloat.
W e deem It n o t im p r o p e r to say that th e In tern a l R even u e la w , c o m
m o n ly k n o w n as the “ W a r T a x ," w h ile b ea rin g m o re h e a v ily u p on
th is th a n m a n y o t h e r in d u s trie s, has been ch e e r fu lly p a id b y th e m em
b er* o f th e E x c h a n g e , a n d w e h a v e m a d e n o a tte m p t t o h a v e th e d is
p r o p o r t io n I » the ta x a d ju s ted , b e ca u s e o f th e g rea t n eed w h ich still
e x is t s f o r m o n e y b y th e G o v e rn m e n t, B u t w h ile b u sin ess m e n are
w illin g to u « s a m u ch , w h en n ecessa ry a* a w a r m easu re, an e lfo r t
s h o u ld b e m ad e a t Ib e n e x t session o f C on g ress, b y th e in te re s ts di*
cr im in a te d a g a in s t, to a ffe ct an a d ju stm en t o f th « ta x e s , b co a u s c the
S ta m p T a x 1* lik e ly t o c o n tin u e fo r a co n s id e ra b le tim e, a n d m a y be
c o m e a p e rm a n en t fe a tu re o f in tern a ! rev en u e.
W e a re c o n fr o n t e d b y a c o n d itio n o f affairs w ith reg a rd to S tate
t a x a tio n u n p a ra lle le d In th e h is to r y o f th e c it y , b e ca u s e th e la w la
r » u e b t w ith In e q u a litie s e v e n g r e a te r th a n h a v e p re v io u s ly e x is te d .
T h e In cr e a s e In b o th th e t a x v a lu a tio n a n d th e t a x ra te w ill, w e b e
lie v e , p r o v e m ore b u rd e n so m e t o tb e real e sta te In terests In tbl# soot l o o o f t b e c it y than to a n y oth er, an d th e m em b ers o f th is E x ch a n g e
w ill d o n b tle s s h a v e to m e e t a la rge In crease In ta x e s on th eir p ro p e rty
th e c o m tn g yea r. A co m b in e d e ffo rt by tbl* a n d o th e r org a n isa tio n *
In terested s h o u ld , w e b e lie v e , lie m a d e b e fo r e the a ss e m b lin g o f the
L e gisla tu re a g a in , b y m em oria l to H is E x c e lle n c y G o v e r n o r R o o s e v e lt,
t o In terest h im self lu th e re m o v a l o f this In eq u a lity .
T h e b y -la w s and ru b * h a v e b een s o a m en d ed a t to m a k e a llo w a n c e
f o r e x t r a s ta p le In th e cla s s ific a t io n o f c o t t o n : th e sam e to g o in to
e ffe ct th e first o f J a n u a r y n e x t.
T h e re p o rt o f the W arehouse an d D e liv e r y C o m m itte e is v e r y s a tis
fa c t o r y . It will be. seen that that there ha* been an In crease o f c o tto n
f o r In s p e ctio n anil c e r tifica tio n . T h ere w ere In sp ected a n d certifica te*
issu ed fo r 1 1 4 ,4 0 5 b ales from M ay 1. 1S9A, to A p ril 3 0 , 1809, Inolu»Ive ; d u rin g the sam e p e r io d certifica te* fo r 6 5 ,1 8 s b o le s w ere ca n
c e le d , le a v in g ce rtifica te s o u ts ta n d in g on A p ril HO, 1 89 9 . fo r 10 ,7f>
b ates o f c o t t o n . T b e r e c la m a tio n s on th e b u rea u h a v e a m ou n ted fo r
th e y e a r t o $51 5 2, an d the b a la n c e o n h a n d , In th e g u a r a n ty fu n d , Is
* 5 1 ,2 7 8 18, a g a in st # 4 0 ,4 9 8 14 la s t y ea r.
T h e s m a ll a m o u n t o f cla im s fo r e rr o r* In gra d e is th e s tr o n g e s t
e v id e n c e that the cla ss in g o f c o t t o n b y tb e cla s s ific a tio n com m ittee
ha* b e e n d o n e in a m o st c a re fu l m an n er. It I* a s a tis fa ctio n , too, to
k n o w th a t th e g u a r a n ty fn n d ha* s u b sta n tia lly In creased , the m a in te
n a n c e o f w h ich fu n d la a c o n s p icu o u s fe a tu re o f th e t r a d in g on o u r
E x c h a n g e , gu a ra n teein g , as It d oes, th e g ra d e o f a ll c o tto n In sp ected
u n d e r th e a u s p ice s o f the E x ch a n g e , th e re b y In su rin g th e r e c e iv e rs o f
c o t t o n a g a in st a n y loss b y e rr o r* In cla ssifica tion .
D a r in g tb e p ast y e a r 22 m em b ersh ip s h a v e b een tra n s fe rre d a n d 15
n e w m e m b e rs a d m itte d . T h ere h a v e been p u rch a sed and ca n c e le d b y
th e E x ch a n g e , u n d er a u th o rity o f th e b y -la w s , fo u r m em b ersh ip s,
le a v in g th e tota l n u m b e r o f m em b ersh ip s o u ts ta n d in g 4 5 0 .
T h e tru s te e s o f th e g r a tu ity fu n d re p o rt a ssets $ 1 1 7 ,4 5 5 7 4 . nnd
lia b ilitie s $ ill,3 7 5 0 0 , le a v in g a balance, t o th e c r e d it o f th e fu n d o f
* 6 4 ,0 3 0 7 4 .
T h e tre a su re r's r e p o r t , w h ich Is a p p e n d e d h e r e to , s h o w s th a t the
c o m b in e d p rofit* fr o m th e b u ild in g and the E x c h a n g e h a v e e x c e e d e d
th e e stim a te s m ade b y th e E x e c u t iv e C om m ittee a t the b e g in n in g o f
t h « y e a r b y * 3 ,5 5 0 8 9.
T h e E x e c u tiv e C om m ittee r e p o r t s th a t, w ith o n ly o n e e x c e p tio n , all
t h e offices In t b e b u ild in g a rc re n te d , y ie ld in g an e s tim a te d ren ta l o f
# 5 ••.600, a g a in st th e a ctu a l ren ta l o f # 5 5 ,3 2 3 5 6 la st y e a r , w h ich is a
v e r y g r a t ify in g resu lt In v ie w o f the Increased co m p e titio n . I t w ill
b e s on th a t the co m m itte e estim a te* th ere w ill he a su rp lu s fo r th e
- fe a t from the b u ild in g o f $ 2 ,5 0 0 , and fro m the E x ch a n g e
#4,i7.->, b a s e d u p o n an n u al d ues o f $ 5 0 ; t o ta l estim a ted profit-, $ 0,0 75 .
In c o n s id e r a t io n o f the fa v o r a b le c o n d itio n o f th e fin a n ce# o f the
E x ban e —tiis T rea su rer's sta te m e n t show in g a s u rp lu s o f # 1 8 ,9 0 6 6 0
—th e B oard r e c o m m e n d s th a t th e d u es fo r the c o m in g y e a r he fixed
a t * 5 0 , a n d th a t the sum o f $ 2 0 b e c r e d ite d t o ea ch m em b ersh ip fro m
he e a rn in g s o f th e b u ild in g an d o f th e E x c h a n g e .
10S8
F a l l R i v e r M i l l D i v i d e n d s .— Twenty-nine of the thirtyseven cotton- manufacturing corporations in Fall River have
declared dividends daring the second quarter of the year, and
the total amount paid out is very much greater than the
total for the corresponding period of last year. The aggre
gate of the amount distributed has been $365,525, or an
average of l -22 per cent on tbe capital. In 1898, however,
only fourteen m ilk declared dividends in the second quarter,
the average rate o f distribution being but % of one per
cent. In 1897 tbe average dividend for tbe second quarter
was 0 91 per cent, in 1896 it was 1'57 per cent, in 1895 it was
1*58 per cent, in 1S94 was 1*58 per cent and in 1893 reached
2-36 per cent.
SECOsro Qu a r t e r .
lgyy and 1898.
vmerican Linen C o „ ........
ttarnabv M anufact’jf Co...
Barnard MunuLiCt’g Co..
Border City M a n '!’# C o...
Bourne M ills......................
' hac© Mills ........ ...............
i^onsn'cut Mills.................
UaTol Mills.........................
rlint Mills — ...................
Granite Mills ........... ........
Kerr Thread
..............
Kins Philip Mills................
Laurel Lake M ilts..............
viechanie*’ Mlii.a................
Merchants' ManufacV Co.
Metacomet Mon’f ’g C o —
Niirnwmntett Mills ................
Osborn Mills........... ...........
Parker MR1. . . . .............. .
PoeawMH Mann fa ct's C o ..
Rlenard Borden J iT jcC o.
<tu£am ore Mfg. Co.............
?*nford Spinning C o ........
Beaeoanet Mills— . — . . .
ftufford Mills .....................
Stereo* M anufacture Co.
■JV«3um*eh Mills ................
Troy Cot. h W. M tg. C o....
Union Cotton M f’g C o —
Wamponooff M ills............
Capital.
Dividends 1899. Dividends 1898. Increase
or
P. C. .1 mount. P. C. Amounts Decrease
IH
U3.000 . .No dividend. +12,000
*800,000
+6,000
400,000
1H
0,000 ..N o dividend.
495.000 ..N o dividend. ..N o dividend.
$10,000 4-5,000
1,000,000
15,000 i 1
l.H
4-4,000
•100,000
1
4.000 No dividend.
500.000
7.500 .No m vid-nn. 4-7,500
+1.200
1,200 ..N o dividend.
1
120,000
0.OOU 42.000
8,0 0
400.000
1*
4,000 -42.000
o.ooo
400.000
1
r«
48,700
580.000
8,700 , , No dividend.
1,900.000 . .No dividend. ..N o dividend.
15,000
lU.OOO +5.000
1,000,000
l
IH
800,000
i
12,000
12 000
900,000 ..N o dividend. ..N o dividend. - - -T- *T
1,000,000 i *
15,000
16,«00
ik
+8,000
1
*00.000
3,0««0 ..N o dividend.
+9.375
750,000 i H
9.375 . .No dividend.
H00,000 ..N o dividend. ..N o dividend.
88&000 ..N o dividend. ..N o dividend.
400,000
e.0"0
4.000 +9.000
1*
1
+9,000
000,000
9,0"0 ..N o dividend.
m
7,500
ft.2 NO + 1.250
500,000
±H
i3
+9,000
. eoo.ooo
0.000 ..N o dividend.
lt f
12.000
8.000 +4,000
800.000
l
m
76.000 ..N o dividend. ..N o dividend.
49.000
900.000
W.OOU ..N o dividend.
1
500,000 2
t
10,000
5,000 +5.000
3.000
6.000 +3,000
ooo.ooo
1
1*4
..N
o
660.000
dividend. ..N o dividend.
..N o
217.500 ..N o
i , 000.000
15,000
1
10,0'K) +5,000
1*
250.000
+5.000
5,000 ..N o dividend.
600.000
47.500
7,800 . . No dividend.
T«
300,000
4.500 +7,500
4
13,000
l Nr
2
780,000
0,375 45.625
15.000
1M
No
411.250
750,000
11.350
dividend.
m
45,500
550.000
6,500 .No dividend.
i
Tobol*........ . . . . . . . . . . $71,008.500
1*22
*265.625
07.0
$ n o . 126 4156.400
Combining the foregoing results with those of the first
quarter (published in the C hronicle March 4, page 485),
we have the following exhibit for the half-year. It is seen
that on a capitalization o f $21,908,500 the m ilk have paid
ont in dividends $445,525 in the first half of the present year,
or an average of 2'03 per cent, against $170,625, or 0'77 per
cent in tbe like period of 1898. In 1897 the average dividend
was 1*88 per cent, in 1896 it was 8*55 per cent and in 1895
reached 3*09 per cent.
H aijt Y ea h ,
1889 arut 1898.
American L ines Co*.,..-,..
8arnabr Maim fact 'g Co...
Barnard Manufact V C o -.
Border Cdy M a u u rjfC o..
Bourne Mills ....................
Chace M ills.......................
Conaniciit Mills..............
Cornell M ills............ ........
Ravel Mills........................
Flint Mills........ . ............
Globe Yarn Mills.............
Granite M ills................ .
K *r*r»vos Mills...... ..........
Kerf THre«i4 Co .............. .
King Philip Mills...............
Laurel Lake Mill*..............
Mechanics' Mills................
Merchant*’ Montifst C o...
Metacomet Maim Eg C o...
Narrmransett Mills..........*
Osborn M ills ..................
Parker Mill.........................
Pocnaset ManuTg Co........
Richard Burden Mfjf. Co.. i
Robeson Mills................. .
Sagamore M anor# Co —
Sanford Spinning C o ........
Beacon net M ills................ !
Shore M ills ....... .
^lade Mills..........................
Stafford M ills._____ ______
S tereos Mannfactnr’i? Co.
Tecnnaseb Mills.................
Troy Cot. & W Mfe. Co...
Onion Cotton M an'f’# Co
Wampanoa# M i lls .........
W eetamoe M ills.................
Capital.
Dividends 1809. Dtrl-lfflA, 1HW>. Increase
or
P. C. A mount. P . o . A mount. Decrease
*800,000
l«
3
•oo.wo
tW .000 .. No
l.Ooo ,oo * * *
400,000
2
3
500.000
2
120,000
400*000
3W
400,000
680.0G0
1,200.000 ..N o
l .000.000
3
800.000
800.000
3
1,000.000
300,000
1
750.000
am
800.000 . .No
..N
o
988.000
4'X).O0O
IH
600,000
W
?M
600.000
2H
600,00"
800,000
*8
78,000 No
«
900.000
500,000
3H
«$oo.ooo
24
650,000 ..N o
247,500 ..N o
J,000,000
2+
500.000
800,000
750,000
750,000
650,000
T o t a ls ................ ........ . *21.908,500
* 12/00
1
dividend
26.000
KOOt
18,000
2.tM
14.000
10.000
14.500
dividend.
V6.000
24,000
dividend.
8 ».00i
3.000
16.875
dividend.
1
..No
No
1
No
..N o
No
IH
1
..N o
..N o
1
3
3
tq
..N o
No
..N o
..N o
1
..No
14
..N o
1
.No
No
I
e,u00
9/100
18.760
16,000
2 *.00 '
dividend.
l'.OOO
17,5'*0
15.000
•q
dividend. No
dividend. No
26,0*10
1
10.000 No
4
7,50‘ i No
IH
7
21,^00
414
20.250
1*4
18.760 No
11,000
..N
o
2
2*08
*445,626
0*77
98.000
dividend
dividend.
10/XH)
dividend.
dividend.
dividend.
rt/xio
4,0’H)
dividend.
dividend
10,00-*
24,000
24.<)00
15.000
dividend.
dividend.
dividend.
dividend.
4.000
dividend
«.V6U
dividend.
m O'1
dividend.
dividend.
5.000
13.600
dividend.
dividend.
lu.000
dividend.
dividend.
13.600
P. 75
dividend.
dividend.
+ 1,000
+ 12,000
+ 15.066
4 8.000
+15,000
+2,400
48.000
+14.500
+15,006
-24.000
+15,000
+3,000
+16,876
...... .
+ 2.000
+9,000
+7,500
415,000
412.000
+ 18.066
+12,500
-1-1.500
+16,000
+ 10.000
4*7.500
+ 21,000
410.875
+18,750
+ 11,000
$170,626 +274,000
P roduce Exchange A nnual Meeting.—The annual meet
ing of the New York Produce Exchange was held on
Wednesday, May 31st. President Brainard in his annual
address referred to the satisfactory condition of the finances
of the Exchange, and pointed out that the cash value of the
commodities dealt in on the floor of the Exchange amounted
to $422,797,217, being an increase of $1,099,260 over the year
previous. The report of tbe Treasurer showed the gross
income for the year ending April 30th, 1899, to have been
$313,480 21; gross expenditures, $254,679 50; leaving net
surplus of $58,491 18.
[V O L .
IHE CHRONICLE.
1084
W e a t h e r R e c o r d f o r A p r il ,— B e lo w w e g iv e th e th e r m o n e t e r a n il r a i n f a l l r e c o r d f o r t h e m o n t h o f A p r i l a n d
p r e v io u s m o n t h s o f t h i s y e a r a m i t h e t w o p r e c e d i n g y e a r s .
T h e f le u r e s a re f r o m t h e r e c o r d s o f t h e W e a t h e r B u r e a u .
e x c e p t a t p o in t s w h e r e t h e y h a v e n o s t a t io n : a t t h o s e p o in t s
t h e y A re f r o m r e c o r d s k e p t b y o u r o w n a « e n iB
April.
March.
February
January.
Jan
Thermometer ^
890. 1898 1 w
MIS^ISS’ PI.
Waynesboro
Lowest ...
Average...
ARK A NS’ S.
Little Rock.-
89*0 =3*0 33'0
82*0 42-0
01*0 000 01-8
74-0
20-i
49-6
77*0 77*0 75*'
18*0 31*0 36*'
49*0 520 53*1
85*0 78*0 77*0
83-0 32-0 40*0
58-3 55*0 57*2
82-0
80-c
40V
78*0 84*0 81*i
20 0 29-0 87V
50*5 53*0 55*0
89*0 83*o 34*0
30H 34*0 39*0
01-0 00*0 02*0
70V 78*0 73*
15-.' 20*0 9*0
429 486 39*8
70 0 72*0 8 VO
10*0 10*0 23V
34*4 50 6 49-0
80*0 85*0 85*0
21V 28*0 27-0
54-4 67*4 58*4
95*0 82*0 84*0
34*0 320 34*0
03*0 60*0 02*6
65*0
32*8
71*0 710 75*0
12*0
27*8 4i"l 41*5
76*0 81*0 80V
9*0 25*0 23*0
46*0 50*7 52*)
90-0 85 0 85 0
30*0 27V 35*0
00*0 57*0
70*0 07*i
1738*0 45 0 350
13*0 9 0 14*0
30*0 41*0 44 0
78*0 30*0 82-0
3*0 27*0 3 2 "
48*0 54*8 53-6
87*0 80V 84*0
29*0 30*0 36*0
59*0 54*4 58*4
08V 70*0 08*0
7-0 180 10*0 —90 19*0 20-0
40*b 40*7 39-4 821 450 40-5
80*0 83*0 80*0
15*0 300 81*0
44*5 66*8 55*4
90*0 84*0 84*0
30*" 35*0 42*0
02*0 53*7 01*4
§3i 08*0
7*6 19*0 15
39-0 430 30*0
30*0 40 0 44V
70-0 730 78-'
3*0 30*0 35*
50*0 51-0 50*0
88-0 790 83*0
30*0 83V 43*0
£4'0 65*" 62*0
700 70*5 71*0
28-0 36V 2 lv
53*0 57*4 50 9
71*0 75*0 73V
8*0 39V 33-48*0 588 60*7
74*0 70*0 77 (
60 180 30*<
43*0 45'0 B2*|
78*0 B4*0 82
25*. 300 34600 59*0 60 8
85
81*0 84*0
33-0 35*0 35*0
58*t 58*0 01*4
60*0 08*0 73<
72'«*
07*
8*0 10
10' -0*8 12*0 3l*i
38*6 43*. 35-7 85*6 89*5 44-4
72* 88*0 79*
21*0 24*0 2048*1 55*4 52'.*
85*0 87*0 870
80*0 31*0 27
65 2 56*0 57*8
73*0 09-0 74-'
0-0 —6'U 12*0
371 38*0 41-0 10 1
70*i 84*0 800
14V 28*0 28-0
51*0 550 622
86-0 82*0 86*0
31*« 30*0 351
67-0 65*7 69’6
TENNES’ E.
Nashv Ue.—
05*;
Highest.
78*0 70-i 75**
-2*0 14-0 35*
37*o 41*0 46 0
75*0 87*0 80V
19*0 28-0 3152*0 55*0 53*0
87*0 80*0 8i*i
31*0 80*0 33 0
509 53*0 00*0
00*0 741 02*1
151 12V 5-'
Average
38*1 35-1 380
8, CAROL* A
68-0 03 0 70
—5*0 8*0 .0
S8*7 35-8 39 -
35*0 78*'1 73*.
15V 23-0 2844*9 48-8 51V
731 74*0 79*'
28*0 27*0 30V
54*5 49-9 53-7
71*0
71*
1060*0 55*0 47*0
70*0 70*0 747*0 20-0 38
490 50*0 55*
8 O1
81V 80
20*0 39-0 4 L'<
030 01*<
0 0*0
85"'i 82*0 82'
38*0 43 0 49V
03-0 03V) 00*0
Average..
Memphis.—
H ighest..
Lowest ...
Average..
Ashwood.—
H igh est...
L ow est....
A verage...
£7*0 70*i 08*0
12*'
21*0
400 50*0 A2>
77*' 75*0 78*
3*0 17*0 3044*7 450 51V
83*0 87*0 83*
21*0 31-0 33>
58*0 00-5 67*1
87*0 85*0 87 *C
32-0 34*0 39*0
01*2 59 5 03*6
79
25500
84*0 88*8 850
29*0 29-8 30-'
50*0 000 568
80-0 85*1 87V
32*0 33*1 39‘"
00-8 58*0 02 7
7410'
43 i
77*0 83*0 80-i
10V 21-0 2352*0 58-8 50*i'
89*0 81*0 87*0
28-0 26*0 33*o
67'7 53'8 LOO
00*0 7821*0 I 61
48-1' 56-
08"< 78*0 73*0 75*'
9*0 -5*0 150 24-0
40*0 89*0 46*0 47*2
80-0 84*0 811
10V 29V 31**
50*0 56*0 55-0
85*0 84*0 80*0
30*0 34*0 8955-0 500 01*1
78*0 77
26*0 13*
46-0 61*
09
12441
70*0 74*0 75*
3*0 19-0 27*1
40*3 40.1 5an
81*0 87*0 87*0
14*0 34*0 35-i
57*2 020 59 0
85*0 84*0 88*0
840 35*0 42V
0 :6 59-0 03*4
00V 7*
6388*0 IT042*2 40V 39-
70*0 07-0 74-(
—8*0 130 221
40*0 43*2 401
78*i- 80V 80'i
8-0 3L-0 32
53*3 58V 64*b
84*0 80*0 84*0
35-0 33*0 83V
59 0 606 59-8
81*0 70*0 810
8*o 230 32*
610 512 60 0
85*0 87*0 831
24*0 37*0 40*«
01V 04-u 02 b
80*0 80-0 85-0
38*0 42*0 •45 0
6o'4 010 06*i
81*0 76*0 84*
10*0 27*0 34*1
55*0 50*o dl*«
80*0 87-0 88*.
20-0 42*0 4805*< 07*o 09v
85*0 83*o 89*<'
44*
00*0 07*0 00V
79*0 821 78-.
42 0 37* 29-i
080 02*0 581
800 80*o 82 •
220 3lV 3900-0 59*0 050
83*0 90*0 89v
34-0 40-0 50"'
t7*0 09V 72 0
80*0 880 90*0
40 t 48*0 47*0
08V 09*0 70V
80*0 83*'
48-0 811
08V 05*'
83*0 80*0 80’
28-0 400 401
0?*C 04-0 091
88*i 79 0 88V
43*0 47-i; 49-'
70*0 70*1 73-0
80*0 87*0 83*0
40V 51V 59'0
71V 73*0 72*0
Lowest...
A
#Virloffe—
RaUioh—
Average.
Moryantrm -
Low est..
Aver age.
Sta’eburg.EClgbest..
Are-age
OrAumbui—
Highest..
Low est..
Average
Bfffand Highest..
Lowest
Average.
OrtenwoodHighest.
Lowest..
Average.
16*0
40 0 451
73-0
08-'
9*'
11*0
40*1 45*l 38-'
70*0 78*0 07*t 78*0 70V
82.0 17*0 101 —2*0 14-0
44*6 49*» 42"( 48V 46*0
W o 70*' 08-1 04*0 72*0
21*0
10*1 -H/0 11*0
40*8 44-7 46 0 40*0 40-5
GEORGIA
Axtgusta.—
Highest.
Lowest.
Average
A tlanta.Highest.
Low est..
Average
Savanna A.
Highest.
L ow est..
Average
70*0 79- 71*
30‘0 88*< 17«0'4 BB’f 48-.'
FLORIDA
Jacksoni'iW
Highest.
Low est..
Average
lampa.—
Highest.
Lowest..
Average
Jupiter—
Highest.
L o w est..
Average
Tollah<i*s{*
H ighest.
Lowest..
Average
78V 81*
W« 8466*0 59'
70
81*
52-i
803403" i
74*0 81*1 73*0 780 780 78-(
320 817 l»*o —2*0 20*0 Hi)**
63*0 67*> 48*'# 62 5 63*9 572
ALABAMA
Montgom'y
Highest
Lowest
Average
MobQe.Highest
L ow est..
Average
Newton—
H ighest..
Low est..
Average.
Birmingham
Highest.
Lowest...
Average..
FlorenceH lgneit..
Lowest...
Average
71*0 TOO 7470-0 74*0 89*0
27* 18*< 14*i —B*( 3*0 27*0
40*0 530 4B*0 45V 490 5i-l
78*1
27*'
BC*(
73*
2oi
50-
701
18*(
481
76*0 74*i 70*(
-1-0 29*1 32*0
40-0 63-i 55V
78*« 8C*0 770 70-0 74*0 82*i
24*C 16*« 18*o - 5 ( 19-0 25*0
40C 61*0 47*0 4B*t 47*0 64*0
Ofl-i 7flV
31 i ITl
46*0 43'.
71*0 74V 78v 81*(J
10*0 -10V 10*i 221
43 0 40.i 47V 53*i
C4V 76i 68-( 73*t 78V 77*0
la v 191
5-C -ll*« 14V 17V
40*0 48 < 93*C 34* 440 40 4
L 0U I8’ NA
N. Urban*.—
Highest.
L ow est...
Avorage.
ShrufiM>rt.H igh est..
L ow est...
Average..
Gr’d CoUau
H ighest...
Lowest ..
Average.
Liberty B illHighest...
Lowest ..
Average..
75*< ! 78*i
80*1 30*
53*1 58-
74*0
88V
61*1
79- 1 74-1 811
7- ► 30 1 37v
50- 1 60-1 58*<
71*1
20-i
46-
HO- 1 73 0 74* 74-i
24- > 13*0 —5. 1 25*'
52* 46*( 40* 53-
811
311
54*
78*'
2V
62-
78*
79*1
35*1
57*(
75*1
2 0 ) 21*1
50- BO'f
79- ) 77*
2* ) 8540- 58*
1
M188188PI
Colombo*.—
80- J 82- ) 78*
3 20* 10 .
42*L. 51*0 50. 1
74- 8n*0 71* • 78 P 78* 78*
20i 1 24 0 17- -1 0 26* ) 31*
47"1 53 0 45*
40 8 53 8 54*
Highest...
Average.
drookhavtn
77i01 75 tl| 7 7 *
• 16*0 IB 0 ft*
48*8 B7 4 44-
I
OKLA. T.
Uilahoma—
Highest....
Lowest—
Average.
Rainfall.
VIRGINIA.
Norfolk. Raiuiall,in
Days rain
041' 02-0
02-0 03*0 34*
8*0 17*0 13*0 -7*0 19V
390 45V 39*0 320 43*4
05*0 73*0 72*. 71 0 71*0
15*0 17*0
8*0 21*0 7*
39*0 44*0 38*0 318 46*0
08*0
90
35*3
70*0 70 0 78*0 74*0 77*0 820
18-0 25*0 11*0 -0*0 23*. 20*0
52 0 45*0 40*0 64*0 55-0
78*0 75*0 791 77*0 84*( 81*0
50*0
39*o 42-h 51*1 44-0 50'
62*8 02V 00-5 I 00*0 67*o 69*4
83*0 80*0
88*0 80V 85*.
39* 41*0
20*0 3l*o 38*0
04*0 00*0
00*0 59-(' 04*
72-0 76*o 71*0 78*0 80*0 85*0
8*0 21*0 5*0 -0*4 21*0 22-0
40*1' 37*0 51*0 52-0
93*0 87*0 821
23*0 33*0 20*0
68*0 50*o 68*0
94*0 92*' 93*0
27*0 34*0 30*0
6i*0 64*" 03*0
89-0 84*e 85*0
4*0 83-0 29-0
40*0 58 9 59*9
97*0 90*' 92 0
32*0 SSi 38*0
00*0 02*0 08*0
9**0 93*o 02*0
38*0 41*" 45-0
09*0 09-0 tr9-2
74*0 75‘0 72V 78*0 T9*' 77*0
18i 21*5 14V -0*2 28-0 31*0
47*5 51*8 44*7 40*5 535 48*0
73*0 78-0 83-0
—7*0 25-0 28*0
41*2 44*1 45*1 37*1 532 52*7
850 85*0 85*0
30*0 30*5 34*0
01*0 00 2 053
80*0 83* 80*5
38*o 42-0 430
04 7 64*7 04*9
57*0 59*2 01*0
93*0 80i 86*0
871' 41*0
036 031 05*«
03*0 ^4*0 61*0 70*0 70*0 74V
G*0 17*0 3*0 -17*0 18*0 19 0
42-1
354 40 0 34 b
81*0 70*0 84i
10*0 20*0 182
40-5 49*4 50v
B3M) 80*0
29T 370
b?'8 59-0
78*0 82*0 76*1
20*0 27*0 18*<
51*0 50*0 49V
April.
March.
February.
January.
1898 18«7.
1899. 1898. lat>7. 1899 1898 1897. 1839. 1893- 1897 1899.
3*05 1*44 1*47
12
10
13
5*55 1*48 4*03
14
0*12 3 51 4*38
14
N. CAR’ NA.
Wilmtngt'n
Ralnfall.in 2-40 1*4 ' 1*79 3-94 3‘27 0-20 1*01 1*52 1*23
13
6
12
12
0
Days rain
Weldon. 86*0 87*0 83-i- 90*0 88*0 811
Rainfall,In 2*88 2*40 2*25 6*86 0*79 5*47 5*11 4*37 4*53
10
12
0
25V 37*( 43v 38V 38-0 40*0
0
12
12
11
Days rain
02*o 00 1 058 00-0 05 0 05-5 Charlotte 0*81 544 5*49 5*83 0*21
RalnfalUn 4-31 2-08 2*53 T9
19
n
15
13
3
10
14
15
12
Davs rain
Ral Ij h—
87*0 80-0 84*« 84*C 80*0 88*i >
3*4r ' 1*81 2*2; 7*4> 0*42 4*42 0-33 4*10 4-82
10
10
0
10
10
22-0 S8C 3*V 89V 341 43-'1
13
Days rain
59-5 02-0 03l 03‘fc 00*0 04 0 Morijanton.
1 11
3.5; 8*15 2*00 7*0,e 0*67 7 21 10*75 8*65 0*79
10
7
7
3
7?"( 82-0 79-i 84*C 82V 82*0
0
10
9
6
Days rain.
32U 35*1 41-'. 39V 40V 46*0
00-0 03V 00*0 04*' 02i 00-U 8. CAROL’ A
Charleston 0-51 7*61 1*00 1-71 4-3b
85 C 851 85*0 89*( 80*C
2-8 0” 9 0-84 48
22
0
13
20V 80- 34*u 321 32*i 34*0
12
4
7
20
12
4
57V 011 02*0 01* 01V 0o*J Sta'eburo5*0 1*49 2*05 7*7 1*1) 8*39 3*5C 2*71 4 11
10
7
9
12
84*1 841 8,vo 89* 1 831 88*
8
6
10
12
0
121 30* 30*• 34*1 28V 300
671 01* 01*0 03- 1 53*1 «4'0
Ralnfa’ I.ir 5*4 . 1*711 2*28 8'5 0*01 9 11 3*5' 32fc 3-00
12
0
11
11
9 i 15
5
13
0
79-i 81- 83V 89* 83* 84*0
4’ lc 0*72
7i 28- 34-0 82* 29* 34*0
italnfall.il 0-7 1 35' 4 *0 : 9*7 o*9: 0-5£ 54
11
8
8
8
2
61-1 67- 57V 00* 57* 01*1
14
7
0
9
Days rain
Qreenwood9*76 0*6 7*50 4*21 3*7r 4*04
5*2 2*5 4*2
12
3
12
9
3
7
8
Days rain . 12
fl
81- 1 88- B4V 80* 82- 84*0
38- 89* ) 50*0 45*0 43* 50-0 GEORGIA.
04- 06' • 001 07 0 05" 08*0
3*1 4*72
5 7 i 1*7 3*2 10*( 3 0*5 8-5" 31
13
lu
13
83- 87- t 80-0
3
10
14
11
0
. 84* 84*0
lb
27- 34' > 38*1
. 37* 1 4 V0
59- ) 00- 1 031
a 3*i'9 2*9 8*4!
6*02 0-0 4*51 5*8 4*0 5*7. 03* 00-0
17
10
5
13
12
1)
13
U
11
i
87- ) 81- 1 8 fl
90*0 83* ) 85*0
32‘ ) 30 > 42"i 40*0 41* J 47V
Rainfall,! n 3S 5 0*3 J 1*4 -I ev 0 0-5 i 8 8t 2*5. 1-9 4*1'
13
10
03*6 64-0 08*£ 00*8 04*4 03*4
0 1 14
3
Days rain
8
11
4
9
|
80' 0 88 0 89V 02'O 89'0 80*0 FLORIDA.
20* J 28 U 29"'
30*0 31*0 40*0
57* J 58 l) 591 04*0 00*0 03*0
Rainfall,! n 3-98 0*43 1*8 ) 3*?8 2-1 ) 7-1 1 IV 5 2*04 1*0
7
13
7
7
5
3
Days rain
r
lb
0
Tampa. Rainfall,! n 0*45 0*42 1*4
0*S7 1*53 5*4 ' 1*40 0*0b 1*4
83 3 88*0 824
5
7
10
y
90*0 80 0 83V
1
1
£
5
1<j 3 82*0 80. > 32*0 30 11 38V J upiter—
5S 3 59 0 01 > 02 0 03 0 ere
Rainfall, n 4*S0 0*1 3 5*2 ) 4*i 4 0V 5 5-1 ■ 3*58 3*2 3 3*0
4
5
0
1
.. 1F
t
b
5
7
83 0 94*0 80" * ...
83 0> 81V Tallahassee
30 [) S4*0 42- )
Rainfall. n 3 4 1. 3 17 81 3*
3-C0 10-4 0 3 i 7 2*] •- 8'0 j
.. 47 0 45*
59 0 01*0 0412
Days rain
0 l
0
.. .. 02 0 05-S
...
...
77* 81* ) 70-C 81*0 77* 86*.
17 » IT • 9-i 1 -0* • 21* 1 2H*i
42- 44* ) 43*i
38' ) 44* > 52"t
78* W
70
16
16
0
50 ' 54 0 48-
TEXAS.
Galveston.—
Hi hesv....
L ow est...
Average
Palestine.—
H igh est...
Lowest—
A verage...
Abilene —
H ighest...
L ow est—
A verage...
San /Litonlo.
H ighest...
L ow est....
•vverage...
Huntsville.—
H igh est...
L ow est—
A verage...
Longview—
Highest....
Lowest ...
Average.
1
78 “0 78*0 82- 5 0 21*0 2531 9 50 3 50*
75
. J 70*0 77 0 .. . 82 J
is* > .. .1 11 ) -10 0 .. . *5- )
4 1 . .1 45-1 41 1 .. . 57*8
15
79 0 83-0 83’
2-2 0 30 0 s i
54 0 50 ft 58’ Z
89 rt P8 0 89' )
27 0 28 0 35* 1
02 1 02 1 04-7
90*0 75 V 83
35*0 30 0 45*
00*8 57 3 03
.. .. 8".*0 90*
.. ... 31*0 37*
.. J 02*41 05* [
.. ..
61*0 50*0 50V
73*0 70' OS18*0 18
14470 BO'4 430
Weldon. -
91*0 84-0
31*0 3o*0
02*0 80*0
79*0 34*0 33i
80-i 80*0 87*0
33i 3Hi 34*0
50-0 54-0 5SV'
lilgbeat.
L ow est..
37-0 30*1
31V 24*'
31*0 32-0
07*0 71*0 78*1'
12*0 180 21V
38*o 45 9 40-8
74*0 84*0 80-1
171 31*0 82V
49-< 63*0 51-C
r
88-0
^8V
69-8
03*0 72*0 70*0
7*0 19 0 1239'8 40*0 39-8
700 00*0 ra-(
3*0 150 W.
30V 41*0 M<‘
1898. 1897
79-0
20*0
553
74*0 73*0
—2*0 20*0
4C*0 490
ISO 75*0 68V
18*0 10*1 11*1
41V 44*0 38*1
VIRGINIA.
Nttrfvtk.—
UighMt..
lo w e s t...
Average.
1819
890. 1898 D397. 1899 l 398. 1307. 1899 1398 1397.
730
2l*0 290 4*0
49-8 44-5 too
Lowest ...
Average..
Helena H ighest...
Lowest ...
A verage...
Fort SmithH lghe‘ t ...
Lowest ...
A verage...
Camden—
H ighest...
Low est—
Average...
Coming—
H ighest...
L ow est....
A verage...
1m i 897 1899 1898. 1*97 i 189V l 898.1 897
u
LXVIII.
ALABAM L.
MontQom'y.
Rainfall, n 6* ■*2 re 2 3*20
DayB rain
u
1
0*09 2 113 5-0 5
12
2
1
Rainfall. u 4" 10 2* £ 2V 7 3*72 5* 38 7-70
1 '1 14
DayB rail1.. 1 i
11
ie
2 0 2V 5 1*5 0
13
1
1 93 0*00 L‘ 5l
11
7
4'5
•2-i’
11
2 97 3*85 3*10
8
15
251
11
2 71 3*94
10
10
4*60
11
4*01 3*0
11
10
4*00 2*56 4*93
7
3*6E : 2*4t
1*89
11
2*81
5 0
;
4-86
2 'ii
4*9i
2-32
2*8i
0*2
4-02
1*0
6
4*1
7
4*28
9
1*7
7
4*9y 3-75
10
1*7
9
5*1
10
1-7
8
2 4fl 3-33
7
5*00
3-2 1 2*41 5*18
7
5
3*:: 3 0*16 4*65
10
S
3-1 1 1*9 1 8-4?
15
7
9*29
2*< 1 0*1
6
2111 4* il
6-30
11
T 6 1* 1 71 0 l- 12 2- 31 5‘7»
11
12 I
1
THE
Juna 3, I8gy.j
Ueunfan.
Rainfall,in
Days rain..
Birmingham
Days rainFlorence—
RalufalUn
Day* rata..
LOUISIANA
Day* rainShreveport. ~
293 6*20 4*82
IS
it
i
res 2*41 0*43
0
5
2*99 2*24 695
11
16
0
3*77
6
1*20 2*40 4*55
0
5
e
A l a b a m a .—U n fa v o r a b ly c o o l n ig h ts, b u t q u ite g e n e ra l a n d b e n e fi
cia l ra in s ; c o t t o n Im D rov in g, w e ll cu ltiv a te d , a n d v e r y e a rly p la n te d
fo r m in g sq u a re s; w o r m s an d g ra s s h o p p e rs s till d a m a g in g c o tto n .
M is s is s ip p i .—Cr o p o u t lo o k m u c h Im p r o v e d In N o rth a n d C en tra l
d istricts , w h e re g o o d r a in s h a v e fa lle n , s h o w e rs In S o u th e rn s e ctio n
S'55. Insufficient; o o t to n s o m e w h a t Im p r o v e d , n ig h ts t o o c o o l, e a r ly p la n te d
8
lo o k in g w e ll, la te p la n te d I n fe r io r a n d m a n y re p la n tin g .
L o u is ia n a .—F e w s c a tte r e d showers, Insufficient To e ffe ct g e n e ra l
5*09
c r o p c o n d itio n s ; o n aooount o f drought cotton m aking s lo w g r o w th ,
10
and m n o h c o t t o n n o t up.
5*00
T e x a s .—Sca tte r e d s h o w e rs n o r th e rn p o rtio n , d r y e lse w h e re ; c o t t o n
10
g r o w in g r a p id ly , fo r m in g sq u a re s in s o u th e rn p o r t io n ; c r o p w e ll c u lt i
v a te d . e x c e p t to so m e lo c a lit ie s o f n o r th e rn p o rtio n ; s h o w e rs re ta rd e d
fa rm w o r k w h ere p la n tin g is n o t co m p le te d , s o m e fields v e r y fo u l.
1*59 380 5'73
A r k a n s a s .— R a in re ta rd e d fa rm w o rk ; c o t t o n n e a rly a ll p la n te d , e x
9
0
0
ceed in o v e r flo w e d d istricts , w h e re r e p la n t in g w a s d e la y e d o n a c c o u n t
3*28 1*71 o f w e t c o n d it io n o f g r o u n d , sta n d o n ly fa ir , sq u a re s b e g in n in g to
f o r m t o so m e lo c a litie s .
&
8
O k l a h o m a . —C o n d itio n s g e n e r a lly fa v o r a b le f o r a ll cro p s; o o tto n has
3-01 3*80 2*46 b e e n c u ltiv a te d .
7
0
0
3 17 3*82 3*30
3
13
5
0 99 3*81 0*81
*
7
8
2 18 4*40 3'44
4
7
8
7*61 2*05 2*61
5
7
8
0-71 6*35 881
10
10
8
3*31 2-81 9 67
10
U
8
4* 3 a*v9 5 12
y
23
10
T h e c o n d it io n o f c o t t o n h a s Im p ro v e d o v e r th e e a ste rn p o r t io n o f
th e c o t t o n b e lt, e x c e p t In th e C a r o lin e s, w h e re the w e a th e r has b een
to o eooL T h e c r o p has m a d e s lo w g r o w th an d is s u ffe rin g f o r rain In
lri» 385 3*40 p o r tio n s o f L o u is ia n a a n d M is siss ip p i, w h ile t o o m u o h rata has In7
7
7
j u red th e sta n d In A rk a n sa s. In T e x a s c o t t o n Is g r o w in g ra p id lv a n d
2*S3 IU9 th e c r o p Is w e ll c u lt iv a t e d , e x c e p t in s o m e lo c a lit ie s o f th e n o rth e rn
p o rtio n , w h e re th e fie ld s a re fo n l.
11
14
4*40 3*85 4*26
5
3
6
0*01 2*21 10-3“
0
10
6
I-SS 2*05 2*SS
8
6
1899.’ 1888. 1397. 1996. 1898- 18V7. 1899. 1898. 19&J I860. 1898.
j
r
9*07 2*73 2*2"5 8*40 2*08 10*U 7*08 1*73 1*45 4*59 1*00
5
10
0
6
V
8
7 1 5
wI 4
S
(
5*28 5*18 4-35 4*48 1*15 4*03 8*43 3*70 6*98 4*09 4*71
S
17
9
10
12
9
12
7
« . 10
5*90' 7-29 4*05 6*18 1TS7 *2*1 S*67 4*38 16*15 1*39 3*10
e
17
7
12
8
11
6
10
7 ! 6
11
11
4*62 5*79 6*84
18
13
*
10*12 7*11' 6*42
Days rain . 15
12 i 7
LQtrrfjHiH 809 8*40 6*54
Days rain 7
7
11
Day* rain.,
&rd. Cotect u
MISSIS’PI
Col irnbu*. Rain fall,In 8*86 7*74 6*41
Day* rain
IS
11
0
Viefeshury Ralnfall.in 10-87 7*78 6*24
Day* rain.
15
18
li
u
J-S4 f0 7
u
7
Rainfall In 5-63 7*73 4 *2
Days rain
i° |
6
BmokhavenKalofalU n :u*90
705
Day* raln.. 10
10
8
KalnfalLln
Days rain..
ARK\N8A8
IAttU Hock.
Rainfall,la
Days rale.
B 4en aRain fail .In
Day* rain
ftsrt h m a—
RalnfalUn
Days rain .
CamdenRalnfalUn
Days rain,.
Coniine Rainfall.in
Days rain-
April.
March.
February.
January.
|
9*48 1*71 1*02
18
16
11
& <9
w
5*37
9
2*71 0 80 4*82
10
0
11
2*31 5 37
S
&
s
10
1897.
3*69
4
1*92
0
3*73
6
.. ..
4*76 390 3*70
6
IS
4
4*81 4*00 5*16
6
V
6
401 305 **>1
0
7
2
4-9*5 8*10 8*51
14
v
11
1*74. 1*23 1.78
8
7
0
2*79 2-04 10*43 3*24 2*78 5*88
18 ! 10
10
6
11
13
I'M
s
2 71 2*09 « ^ i **.<« 3 0,
8*19 8*96 5*56
6
8
18
IS
U
13
•
7
"
3*3 8*17
2*40 4-97 4*83 i 13* 0*81 o *5; l « 1153 5*72
5
15
.«
6
u
18
8
14
ia
IS
l’
•
3*iS 2-45 8-48 I 3-00 lsm <*8S
3*00 -*36 7*78 ; i’SS J33 2 4
4
7
7
18
4
0
3
10
8
11
a
11
I 6 ft 1 i*47 4-76 4*38 4-SC
82: 1 ra i 3-5S
■-0*
11
11
U
7
18
7
14
5-33 14*29 0*13
13
11
8
8
M
TB N N E SK
i
NasAHll*
1 MB 0*0,1 3 84 781 5-30 8 49 ■J*25 S I 6 5*79
Rainfall,in 560 9.46
14
18
16
5
19
11
lo
Day* rain.
it
U
15
13
9
1fftnphi*.—
RafnfaH.ln 6-7- 10-73 4*63 4*33 i sa 5 17 30* 4*76 10-03 1 138 2*30 5*51
10
y
0
16
10
13
11
si
15
Day* rain.. 18
13
11
A jAumc*!
;y52 3*07 0*20
Rainfall,In 5M *9-16 8-00 7 03 1*16 4*70 5*9 4*01
1“
6
10
7
10
i»
Days rain - 11
6 j 10
6 ! 6
11
TEXAS*
■Gtl.reertt.au—
IO-3V
Days rain., 10
I*-tie*'in* Rainfall.ln 343
Days rain,
9
Abilene.—
Rainfall.in 0*51
D*y* rain.
«
San j n ton-io.
RalnfalUn o*a*
Day* fain5
Ehtmer&U*. Rainfall.In
6
Days rain,.
Ism-joisti? Rainfall,In | 4-00
Day* ram
7
IN D IA N T.
Okiah -tna
Rain fall.In
Days rain 1 10 f
207 I 9*83 4*02 2-25
8
6
10 ! 13
0*53 * 10 4-59
11
10
10
a*4«3 4
0
IS
026
4
1*43 2714 8 19
10
7
15
«T75 l*S8
10
6
•1*01 r «
2
l
0*02
1
0*01
1
0*46 1*66
10
*
0-31 i*i« 1 0*16
0
! 5
1*83 3*1! 0*18
4
a| 1
1*47 i*Ai
5
1 *
*36 J-SS ' JTS
3
7
5
2*00 1 4rt 1*84
10
8
7
w*43 6 to 1*40 2‘30 </*».
7 ' 1
11
V 1 »
1*61 380 ,10*31
6
18
5*66 1*24 4*1
6
8
11
fT!
0*95 5*^7
0
0
4 «
13
5*70 5-B5
13
IS
1T
4-4a 4*55
7
«
14*38
10
1*10
9
:
1*41 4*03
7
11
t
5
5
2*87 I-.T3 i 0*60 2 2«
11
9 ; 0 1 7
8
X8Ci 3 04 1*24
0
7
9
1*43 2*01
6
U
i-^e
7
1*78 0*74
4
&
2.23 5* C 1*78
4
0
*
18
T he Fd uo w iso a r e ths G toss R eceipts of Cotton at
New York, Boston, PttiUdelphia and BUtimore for fctie past
week, and since Sept. I, 1398.
1*
HUcehou
fr o m —
f|. Or loans,.
BaTann’ h Ac
M obil* ....
n o r l d * -----B o . Carotin*
Wo. Carolina
T lrg ln la . .
W orth, port*
T a n n .. A o..F o w lg n ..
*U k.
i? ii
1.8 V?
4.707
1.476
30*7
1.205
fu s t
3U »f «
• < » < .. .
207,077
171.UK
241,t£<S
.......
5,471
57,733
1085
CHRONICLE.
d O IT O it
fJK i
m l.
.
MSB
,
*3ILADSI,t*H *
f h it
3 # » t . 1.
9$0k*
3 4««
0 « fi.
.
It 5.7 49
142.775
Sa l t i m o b s .
fB * .
4111.
1.785
04«v
Sept
7 5JO 2
..
....
1,010
00,88:
......
.........
90,04-
........
.......
5,675
......
1.500
.......
169,008
.........
808
47,500
2,801
48,400
1 3 V!
880
11M K
17,850
1.721
901
x iu
1*0.710
S9.A71
190.001
53.8
T o t R l..
15,657
93A.5-WI
7,910
SH.SSr
308
58,141
8,120
817,705
L a st y a a r ..
8.164
8,455 T » ,7 0 A
1.869
85,3*1
f,852
292,3 0
G overnment W eekly Cotton R eport. —Mr. James Berry,
Chief of the Climate and Crop Barean of the Agricultural
Department, made public on Tuesday the following tele
graphic reports on the crops in the Southern States for the
week ending May 29:
V m n n r t i ,—W eek c o o l a n d d ry , c r o p 'g r o w t h g e n e r a lly ch e ck e d ;
ra in an d w a rm th n eed ed .
N o r t h C a r o l in a - A c o ld , u n fa v o ra b le w e e k w ith fro s ts T h u rsd a y ,
c h e e k in g g row th o f a ll c r o p s ; so m e c o t t o n k ille d ; d ro u g h t l o w e s t ;
w a rm » h o w e r , n eed ed e v e r y w h e r e ; d a m a g e b y Inflects con sid e ra b le ;
p la n tin g finish ed , cu ltiv a tio n p r o g r e s s in g fa v o r a b ly ; c r o p s g e n e ra lly
c le a n
S o r r a C a ro lin a .—Scattered sh o w e rs : d r o u g h t continues; n eed of
ra in general; c o o l w ea th er Injured n o tio n , la te p la n tin g s not up, some
y e t t o p la n t.
O r o r o ia . —G o o d rains o v e r S outhern h a lf o f S tate g r e a tly ben efited
c r o p s ; c r o p s still a n fferin g fo r m o is tu re In n o r th e rn co n n t le s : c o t t o n
d o i n g fa ir ly w e ll, hut b e in g d a m a g ed b y w orm s,
• F l o r i d a .— W hile ra in fa ll d istrib u tio n w a s n o t gen era l the g re a te r
p o rtio n o f the S ta te w a s fa v o r e d b y sh ow ers, b e n e fitin g c o t t o n .
These reports on cotton are summarized by the Depart
ment as follows:
D o m e s t ic
o f C o t t o n M a n u f a c t u r e s . — W e give
showing the exports of domestic cotton
April and for the ten months ended
for purposes of comparison like figures for
periods of the previous year are also
Hj s p o r t s
below a statement
manufactures for
April SO, 1899, and
the corresponding
presented:
tuantitU* o f Manufacture* o f Cot Month 4n4*n& Apr. 80. 10 mo*, ending Apr.80.
ton (colored and uncolored)
exported to—
I860
1898.
1808-90. I 1807-08.
Jntted Kingdom ..........
yard*
France...................... .
....
Fdsrmunj
R haraountriasln Europs ...
British North A m a r t o a .......
jantral American State* end
British H on dura*................
Mexico ...
................ . . ..
■Unto D om in g o .............. .
:ub*.............. . .....................
3n e n o R ico ........................... ..
Other w . Indio* A Bennu<la~
argentine R ap ob lio.......... .
irasll ................. .....................
Jolted State* o f C olom bia...
U heroon ntrl«*lo8. Am erlea
5hlna........ .................. .............
IrUUb East lad let......... . .
ya n g Kong . . . ....................
284 012
1.122
80,15
83.P3<;
987,614
1,210,811
7,107
26,968
150.69a*
1,902,941
0.458.8 28 8.815.700
10,4 01 160,858
208.258! 351,506
1.0l»8,d5? 1,009,779
15,582,032( 10,412.023
nstn Australasia
f tJH.
T pPoasos’
o
Khar A*la and O cean ic*....
ifr fc a ........ ..............................
l i b e r eountTtea............ .
1,122.951
380,911
835.841
654.701
068.323
408.784
1,837,05
10,560
683.300
1.3 0
1.100.251
878.W6
305.792
104,675
72r-.301
900,799
879.4*9
080.748
2,013, n s
1.041.91r
ly^t/i *42 1O.953.0p3
118,81*7
1,340,442
8,760
295,0:4
18.131
3^7,116
109,20*.
0.31*5,161* 8.1.*.<.31*:
371.hs4
1.041,447
38,411
26,731
Total yard* o f abore.
Total T«lue* of abort
fein t ptryard..........
.
81.751.887 24.512,f$2 3 0,620,821 217.7S3.770
•1.4>0,57W I L, 138,601 •16.195,POO flu .805,440
• 046V
•*0401
•*040
♦•'■>400
Values o f other Manufacture* of
Cotton exported to—
United K ingdom ...............
fr a n c a ...— .. . ................ .
Germany ...... ................
X h tr countries In Europe ...
Irltlsh North A m erica........
Central American State* & British
Honduras.....................................
Mexico......... ........ ..................... .
Santo Dom ingo.............. .............
Cuba ... . — .............................. .
Puerto R ic o ..................................
Other W . Indies and Bermuda....
Argentine R e p u b lic............ .
.
Srasil................................. . . . ..........
United State* o f Colombia..........
X h e r countries in So. Am erica..
China ..............................................
British East Indies................. ......
Hong Kong ...................................
British Australasia........
Ither countries in Asia and
Ooeanlca........... . .............................
africa— ......................... ................. .
"ther conn trie*............................ ...
o w l r«»- o f other menu fa©
Of...................................... .
aggregate value o f ail ootton good*
10.809,070
6,822,602
8,260,632
6,81*3.4 14
1,684.670
6.749.183
5,50$,1 PS
1,046.398
13\662
22,878
11,096,809
2,479 .014 2.285,*■09
7,926,032
0,424,040 4,740.545
27,606 200 D W .6 2 8
171,929,74^ 8-1,94 4,369
5,480,843 12.4-0,483
463,306
198,118
617,724
5 •0,909
1.965.363
816.038
80,309,905 22,514.570
68,673 12.762,997
68,610
100,041
• 18,517
1.61V
12.609
IV.Vld
180,600
$89,000
473
8,“2t
6.420
161,244
167,059
81.594
1.673.078
147,885
66,210
1,'61,124
18,285
41.46 1,1 **7
2\.J*6
5.W72
9.006
0.207
« ,< «
3.46b
8,4^0
1,351
171,878
826,6470
24,910
81.369
16.681
101,106
60.071
85.609
37,196
44,0m
17,756
2, *6*"
14.623
167.178
171.722
268,475
17,895
11,716
1,078
64,143
1.152
14,692
20,575
20.968
2.075
2.70'
298
9.489
18«
6.290
3.078
2.923
Sun
HO
19 *»
12,077
80.2 >6
0,167
JMWO
39.805
7,619
2,153
319.590
1370.171
18.660
05,705
6.823
•295,610
3 see
25,497
44,770
33,082
80,234
6.6*6
1,409
7,785
l£ /,7 :8
266,282
41,169
0,670
•454,973
•342,471 18,739,845 •2,965.993
11.911.652 •1.480.972 $18,936,341 113,801,439
S h i p p i n g N e w s .— A s s h o w n o n a p r e v i o u s p a g e , t h e
e x p o rts o f o o tto n fr o m th e U n ite d S ta te s th e p a st w e e k h a v e
r e a c h e d 6 1 ,9 8 8 b a l e s . T h e s h i p m e n t s i n d e t a i l , a s m a d e u p
fr o m m a il a n d t e le g r a p h io r e t u r n s , a r e a s fo llo w s :
T otal b ales.
Ne w Y o r k —T o L iv e r p o o l, p e r s te a m e r G e o r g le , 4 ,2 8 6 u p la n d
and 48 Sea I s la n d ...................................................................... . . .
4 ,3 3 4
T o B u ll, p er s te a m e r F r a n c is c o , 1 ,4 1 1 .........................................
1,411
5
T o M a n c h e ste r, p e r s te a m e r H o g a rth , 5 Sea I s la n d ...............
T o L o n d o n , p e r s te a m e r E u ro p e a n , 2 0 0 ......................................
200
T o H a v re , p e r stea m ers I, a B re ta g n e , 69 u p la n d a n d 2 0
S ea I s la n d ___ W o o llo o m o o lo o , 2 0 0 upla n d , 1 0 0 Sea Island.
385
T o B rem en , p er s te a m e rs F rie d rich d e r G r o ss e , 1,905 . . .
T r o v e , 4 2 8 ............................... ........... ..............................................
2 ,3 3 1
442
T o H a m b u rg, p er stea m ers O riel, 3 9 2 ___ P a tricia , 5 0 .........
50
T o R o tte rd a m , p er ste a m e r O rie l, 5 0 .......................................
T o A n tw e rp , p e r ste a m e r K e n s in g to n , 3 1 6 ............................
316
T o St. P o te rs b e r g , p e r ste a m e r A rk a n sa s, 3 0 0 ...................
3 00
T o B a rce lo n a , per s te a m e r P o o a sse t, 3 ,1 0 0 ................................ 3 ,1 0 0
T o G e n o a , p e r stea m ers A lle r, 8 7 ( ___ T ro js n P r in c e , 2 0 . . .
893
T o N a ples, p e r ste a m e r A lle r , 3 9 7 .......................... .....................
397
S e w O r l e a n s —T o L iv e r p o o l—M a y 2 —S tea m er C osta R ic a n ,
2 ,9 0 0 .. .M a y 2 7 —Sream er B arrister, 7 ,7 9 8 -----J u n e 2 —
S tea m er C uban. 5 ,0 0 0 ..............................................................
1 5 ,6 9 8
T o H a m b u r g - M ay 30 S tea m er H tsp anla, 1,24-1___ M ay 31
—S tea m er L a d y A rm stro n g , 3 5 3 .................................................
1 ,5 9 7
T o R o tte rd a m —M ay 3 1 —S tea m er L i l ly A rm stro n g , 1 .1 5 2 ..
1 ,1 5 2
T o B a r ce lo n a M ay 2 7 —S team er C o n d o W ilfr e d o , 3 ,6 3 4 ...
3 ,6 3 4
T o G e n o a - M a y 27 S tea m er T re v llle y , 7 , 4 8 8 . . . ..................... 7 ,4 8 8
G a l v e s t o n —1T o H a m b u r g —M ay 2 7 —S team er A ln sd a le , 2 2 1 ...
221
P e n s a c o l a —T o G e n o a - M a y 3 1 —S te a m e rT h o s. M e lv ille , 1 ,2 3 0 1 ,2 3 0
l o a m s —T o L iv e rp o o l— M ay 2 3 —S tea m er C estrla n , 4 ,9 9 4 ___
M a y 2 6 —S team er U lto n la , 7 2 0
M a y 2w—S tea m er B a y
S tate, 1 1 1
M ay 3 0 -S te a m e r N e w E n gla n d , 2 ,0 7 0 .........
7 ,8 9 5
1
T o Y a rm o u th M ay 2 7 —S tea m er B o sto n , 5 0 ...................... .......
50
[V ol. LX VIP,
THE CHRONICLE.
108B
B a l t im o r e —T o
L iv e r p o o l—May
Total bales.
^
31— S team er Q u ernm ore,
D resd en, 2,723........................
T o kreinen-May'31-B t e a m e r
T o H a in h u r g -M s y 2 9 - 8 t e a m e r B osn ia , 1 .0 5 0 . ......................
T o R o tte rd a m —M ay 26 S tea m er D u ra n go 6 2 2 . . . . . . .........
8 an Kr a » ci » c o - T o Japan—June 2— S team er A zteo, 8 5 0 .........
b r e a d s t u f f s
t
F
r id a y
, June 2, 1899.
2 ,7 2 3
1’a o o
A fair volnme of business has been transacted in the mar
ket for wheat flour and higher prices have been paid. The
850
continued upward course to values for the grain has given
6 1 ,2 8 8 buyers increased confidence in the situation, with the re
Total___
The particulars of the foregoing shipments, arranged in sult that jobbers have shown more of a disposition to meet
our usual form, are as follows.
sellers at the higher prices ruling, and there has been lim
G reat F ren ch GerOth. IF roper-* M exico,
ited buying in anticipation of future requirements. The ex
Total,
<Ac.
Ja
p
a
n
.
B rii'n . p orts. m an y. North. South.
1 4.1 64 port business has been light, as shippers’ limits have been too
6 66 4 .3 9 0
385 2,773
New Y'ork. 5 .950
2
9
.5
6
9
1,597 1 ,1 5 2 11,122
N- O rleans. 15,698
2 21 low to admit of tiading.
Rye flour has had only a small sale,
221
..........
......
G a lveston .
1 ,2 3 0
" " II 1,23*6
......
......
P en sa cola.
Corn meal has
7 ,9 4 5 bat prices have been unchanged and steady.
5
0
7.895
..........
.
.
.
.
.
.
B o u to n ___
7 ,3 0 9 been in moderately active demand and steady.
3,773 * 6 2 2 IIIIII
2,914
B a ltim ore.
850
850
Ban F r a n ..
......... ......... ..........
Speculation in wheat for future delivery has been fairly
5
0
8
5
0
6
1
,2
88
2
.4
4
0
16,742
8
.3
6
4
385
T o t a l . ... 3 2 ,4 5 7
active and the tendency of prices has continued towards a
To Japan since aeptemoer l shipments have been 114,509 higher
basis.
The buying
for investment
account
bales from Pacific Coast, 15,073 bales from New Orleans,
has
been fairly
spirited
and
there has also been
13,960 bales from Galveston and 293 bales from New York.
good demand
from
shorts
to cover contracts.
Below we give all news received to date of disasters to a
Crop
accounts
from
the
winter-wheat
belt
have
vessels carrying cotton from United States ports, &c.
K x i c r e r h o c k e r , s t e a m e r , fr o m N ew O rleans, w a s b e a c h e d o n
continued of an
unfavorable
character
and
latest
flats W ednesday, w ith fire in her co tto n ca rg o. She w as floated
estimates reduce the acreage for winter wheat, stating that
at 1 :3 0 p. m . T hu rsday and to w e d to h e r p ier, 9 N. R ., a fte r dis
ch argin g part o f the ootton .
2,000,000 acres had been ploughed up during May. During
Cotton freights at New York the past week have been the latter part of the week decidedly stronger European
b follows
advices, based on unfavorable crop prospects in Russia due
to prolonged drouth, also had a strengthening influence. The
F ri.
W ednet. T h u rt.
T u et.
S atur.
M on.
Southwest has been the leader in the buying, numerous
12%
12^
12%
12*4
12%
L iv e r p o o l,M a y ..e .
orders being received from St. Louis.
Early in the
25*
25*
25*
25*
25‘
H a v re ......... J .— e.
19
19
week a free movement of the crop in the Northwest and
19
19
19
B rem en ................ e.
18
18
18
18
18
H a m b u rg .............e.
heavy world’s shipments to Europe prompted fairly free
25
25
25
25
25
A m sterd a m ......... c.
offerings. Subsequently, however, the unfavorable crop
25
n
25
25
25
25
R otterd a m ........... c.
accounts brought these sellers into the market as free buyers
27
27
27
27
27
R eva l, v. H am b..c.
to cover contracts. Thursday there was an easier market
29
29
p
29
29
29
D o v. H n ll...e .
27
27
27
27
27
D o v. L o n d ’n.c.
under free sellings by longs to realize profits, and a con
18® 19 1 8 3 1 9 18© 19
G e n oa ................... c. 18 © 19 1 8 ® 1 9
tinued free movement of the crop in the Northwest induced
2 2 3 2 3 22 3>23 2 2 3 2 3
T rieste, d ir e c t ...e . 2 2 © 2 3 2 2 3 2 3
some selling from that quarter. Business in the spot market
20
20
20
20
A n tw e rp ............. t.
20
has been only moderately active, as exporters have not been
26
26
26
G h ent,v. A n t w ’ p .c.
26
26
free buyers; prices have advanced with futures. To-day the
Q u otation* a re oents p e r 10O lbs. unleB* o th e rw is e stated .
market was firm early in the day on crop news and stronger
• A n d 5 p e r cen t.
foreign advices. Subsequently a continued heavy movement
Liverpool.—By oable from Liverpool we have the follow
of the crop in the Northwest prompted realizing sales and
ingstatement of the week’s sales, stocks, &o., at that port,
most of the improvement was lost. The spot market was
firm but quiet. The sales for export were 24,000 bushels at
M ay 26.
J u n e 2.
M a y 12
M a y 19.
N ew York and 16,000 bushels at outports,
6 8 ,0 0 0
34.000
32.000
1 0 2 ,0O<
Bales o f th e w e e k ........... bales.
5,600
3,400
2,200
4,800
O l w h loh e x p o r te r s t o o k .. .
800
1,400
700
1,500
O f w h loh sp e cu la to rs to o k .
71.0
00
61,000
91.000
29.000
8a es A m e r ic a n ............... ..........
13.000
15.000
9 ,000
14.000
A etn a e x p o r t ............................
68,000
66.000
72.000
41.000
F orw a rd ed ...................................
T otal s tock —E stim a te d ........... 1.549.000 1.501.000 1.477.000 1.410.000
O f w h ich A m erica n —E stm ’ d 1.467.000 1.421.000 1.395.000 1.554.000
36.000
32.000
28,000
40.000
T otal Im port o f th e w e e k ____
20,000
26.000
21.000
26.000
O f w h leh A m e r ic a n ...............
75.0 00
62,000
64.000
56.0 00
A m ou n t afloa t.............................
67.000
55,000
55.000
50.000
O f w h ich A m e r ic a n .............
The tone of the Liverpool market for spots and futures
eaoh day of the week ending June 2 and the daily dosin g
prices of spot ootton, have been as follows.
Spot.
8 aVday.
M arket, )
1 :45 P. M.j
M on day. Tuesday. W ed'day. T hurtd'y F rid a y.
Steady.
Good
business
doing.
Good
business
doing.
Good
demand.
Mid. U p l’ ds.
3%
3%
Bpeo. A exp .
1 0 ,0 0 0
500
12,0 00
1,000
Quiet at
partially
1-fti dec.
Quiet at
partially
1-64 adv.
Quiet.
Steady.
Qutet and
steady.
Quiet but
i»toady.
Steady.
Quiet.
Quiet.
Quiet but
steady
F utures.
M arket, }
1 :45 p . M.$
0
Q.
§
M arket, j
4 P. M. (
3l832
3 1333
15,000
ljOOO
15.000
2,000
Steady.
31332
12,000
1,000
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.
CPT
g iv en in p
B4tht.
_ The _p r ic e t a r e_______
. e n c e a n d 641At.
2 6 3 -6 4 d ,. a n d--------3 01 m ea n t 3 l -6 4 d .
H a y 27 to
J u n e 2.
S a t.
J n n e-J n ly ..
J u ly -A o g ...
Aug.-Bept...
8ep t.-O ct...
O o t.-N o v ....
N o v .-D e o ...
D eo.-Jan___
Jan.-F eb....
F e b .-M o h ...
M oh .-A p ril.
|T ues,
W ed.
2 63 m ea n *
T h u rs.
F r i.
1:45 4 [1:45 4 1:45 4 1:45 4 1:46 4
P.M. P M.JP.M. P.M. P.M. P.M. P. M. P.M. P.M. P.M.
May..........
M ay-Jane...
ilfo n .
T h a t:
tfl
K
a.
d.
3 20
3 20
3 21
3 21
3 21
3 21
3 20
3 30
3 19
3 10
3 20
3 21
3
3
3
3
3
3
3
3
3
3
3
3
<1
' d.
d.
2013 21 3 21
2 0i3 2113 21
2013 21 3 21
2 1 ,3 22 3 22
21 3 22 3 22
21 3 21 <3 22
20 3 21 *3 21
2013 20 3 20
10 3 20 i3 20
18 3 20 3 21
20 3 21 3 21
21 '3 2213 22
d.
3 22
3 21
3 21
3 22
3 22
3 22
3 21
3 21
3 20
3 20
3 21
3 22
3
3
3
3
3
3
3
3
3
3
3
3
d.
22
21
21
22
22
21
21
20
20
21
21
22
d.
322
3 22
8 22
3 22
3 22
3 21
3 20
3 20
3 21
3 21
3 22
d.
3
3
3
3
3
3
3
3
3
3
3
21
21
22
22
22
21
21
21
20
21
22
d.
3
3
3
3
3
3
3
3
3
3
3
22
22
22
22
22
21
20
20
20
21
22
d.
3
3
3
3
3
3
3
3
3
3
3
22
22
22
22
22
21
20
20
21
22
22
DAILY CLOSING PRICES OF NO. 2 RED WINTER IN N E W Y O R
M on. T u et.
8 at.
Wed.
T h u rt.
Cash wheat f . o. b ............. 84%
S7
8 5%
July delivery In elev___ 8 0 %
8 3%
81%
H O L ID A Y S .
Sept, delivery in elev___ 79
81%
82^4
8 2%
Dec. delivery in elev........ 79*2
81%
DAILY 0LO8ING PRICES OF NO. 2 SPRING IN C H I C A G O .
M on
Sat.
Wed.
Tues.
Thurs.
J u ly delivery in elev......... 7534
7 7 18
78%
76%
Holi
77
sep t, delivery in elev........ 7 5 %
7
8
%
76%
day.
Deo. delivery in elev.......
—
—
78%
77%
K .
F r i.
85 H
81%
81%
82%
F ri.
76 %
77%
78%
Indian corn futures have been only moderately active and
no decided changes have occurred in values. Early in the
week a free movement of the crop and reports of a large
acreage had their influence against values. Bear operators,
however, were not aggressive, and on a continued active ex
port demand and sympathy with the advance in wheat,
values show a fractional advance. Business on the spot
market has been active as exporters have been good buyers
and prices have advanced slightly. To-day the market was
firmer on a demand from shorts to cover contracts. The
spot market was moderately active and steady. Sales for
export here and at outports were 240,000 bushels.
D A IL Y CLO SIN G P R IC E S O P N O . 2 M IX E D C O R N IN N E W Y O R K .
Frx.
Sat.
Wed. T h u rt.
M on. T u et.
flash c o m f. o . b ................. 40
__
41
40%
40 V
J u ly d e liv e r y in e le v ....... 3 8 %
39^
39%
39%
H O L ID A Y S .
Sep t, d e liv e r y in e l e v ___ 3 8%
3938
39%
38%
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN C H I C A G O .
Sat.
M on.
Tues. W ed.
T h ure.
F ri.
J u ly d e liv e r y In e l e v . . . . 3 2 %
32%
33%
33
33%
Sept. d e liv e r y In e l e v . . . . 3 3 %
33%
,
33%
33%
33%
D eo. d e liv e r y in e le v ..................................
aay33%
32%
33%
Oats for future delivery at the Western market have been
quiet. A t the opening of the week under review large re
ceipts in the interior and favorable crop prospects prompted
moderate offerings, under which prices weakened slightly.
Subsequently, however, the loss was more than recovered, in
sympathy with the advance in wheat and on a demand from
shorts to cover coneracts. The local spot market has been
moderately active, but at slightly lower prices. Exporters
have been buying. To-day there was a steadier market. The
spot market was moderately active. The sales for export
were 80,000 bushels.
DAILY CLOSING PRICES OF OATS IN N E W Y O R K .
„
„
.
,
Sal.
M on.
T a ct.
W ed.
T h u rt.
No. 2 m ix e d in e le v ......... 3 1
T im m im
31
31%
No. 2 w h ite In e le v ........... 3 3 % HOLIDAYS. 3 3 ^
33^
CH
W ed.
23
20%
D A IL Y CLOSIN G P R IC E S O F N O . 2 M IX E D O A T S IN
_ ,
,
Ju ly d e liv e ry In e le v ........
Sept, d e liv e r y In e le v ___
Sat.
22%
19 %
M on.
Tuet.
22%
H o li20
day.
IC A G O
Thun.
22%
20%
F ri.
31
33
.
F ii.
23%
20%
JCTN'E3, 1899.J
THE
CHRONICLE.
Eye has had only a small sale, bat prices have held Bteady
Barley has been firm bnt quiet.
Following are the closing quotations:
F i n e .............................. $ 2 3 0 0 2 35
P a te n t, w i n t e r ____ $ 3 9 0
C ity m ills, e x t r a s .. 4 1 0
S u p e rfin e .................... 2 5 0 0 2 60
E x tr a , N o. 2 ........... 2 6 5 0 2 75
B y e flo o r , s a p e rfln e 3 0 0
E x t r a , N o. 1 ............. 2 75 0 3 2 0
B u ck w h ea t fl o o r ...............
B a k e r s ’ e x t r a ......... 2 9 5 0 3 5 0
C orn m eal—
S tra ig h ts............... — 3 55 0 3 75
W estern , e t c . . . . . . 2 0 5
F a te n t. S p rin g ........ 4 1 0 0 1 7 5
I Brandywine .
2
[W h e a t flou r in sa ck s se lls a t p rioes b e lo w th o s e fo r b a rrels.
® 4 20
0 4 75
0 3 25
o.
o.
S flt jF S S R
83 ® 8 4 3 t
83 0 8 5 * 1
85 ® 864i
3 0 » S 2 >,
32 0 3 7
31 0 3 2
33 0 3 4
0210
15
C orn , p e r h a s h —
e.
c.
W estern m i x e d ... . . .
N o. 2 m ix e d .................. 3 8 ’ ,g * 4 1 ’ i,
W estern Y e llo w ...........3 9 \ o i O k j
W e ste rn W h i t e . . . .
42^94138
B yeW estern , p e r b u s h . . 6 0 0 6 5
S ta te a n d J e r s e y ... .. 6 0 0 6 5
B a rle y —W e s t e r n ........... 4 4 0 5 0
F e e d i n g ......................... 4 0 0 4 3
G o v e r n m e n t W e e k l y G r a in R e p o r t .— Mr. James Berry,
Chief of the Climate aod Crop Bureau of the Agricultural
Department, made public on Tuesday the telegraphic reports
on the grain crops in the various States for the week ending
May 29 as follows:
W eat h er .—T h e w e e k e n d in g M a y 2 9 ,1 8 9 9 , has b een m u ch to o c o o l
in th e M id d le an d S o u th A tla n t ic S ta tes, b u t elsew h ere ea*t o f the
R o c k y M o u n ta in * th e te m p e r a tu r e c o n d it io n s h a v e been v e r y f a v o r
a b le . T h e p r e v io u s ly re p o r te d d r o u tb y co n d itio n * in th e G u ff S tates
h a v e b e e n Lnnrely reliev ed b y rain*, w h ich b a r e b een v e r y h ea vy in
lo ca litie s , w h ile In a cm e section * d rou th c o n tin u e s, e s p e c ia lly in
S ou th ern and E a stern T e x a s . and S ou th ern L ou isia n a . R a in s w ou ld
p r o v e o f to u ch ben efit in th e O h io V a lle y a n d M id d le A tla n t ic S tates,
w h ile p o rtio n s o f W U eonsln, Illin ois, l o w s , M issou ri a n d A rk a n sa s
h a v e suffered fr o m e x c e s s iv e rains. T h e w e a th e r c o u tin u e s s e a s o n
a b ly c o o l o n th e N orth P a cific c *ast, w h ere e x c e s s iv e m ois tu re still
r e ta rd s farm iiijr o p e ra tio n s . I a W asU ln^ ton , h o w e v e r, th e w eek has
b e e n the m ost fa v o r a b le o f th e season.
Co r n .— Fro m the lo w e r M issou ri an d C en tra l M ississip p i v a lle y s
e a stw a rd to th e M id d le A tla n tic c o a s t t i e w e e k has n o t b een fa v o r
a b le to c o r n , w h ich U g en era lly re p o rte d as b a ck w a rd an d m a k in g
s lo w g ro w th . E x c e s s iv e ra in s In p o rtio n s o f N eb ra sk a , l o w s and
M isso u ri w ill re n d e r m u ch rep la n tin g n ecessa ry In th ose S ta les. In
K a n sa s the c r o p Is In fine c o n d itio n and it is o e c id e d lr Im p roved In
th e E * * t G u lf S ta tes, w h ile In p o r t io n s o f th e C en tra l G u lf State* and
S o u th e rn T e x a s it is suJferinjr f o r rain. T h e e a r ly 'p la n te d is m a tu rin g
is T exas,
W in t e r W k * 4T,—T h e s e n e ra l co n d it io n o f w in ter w h ea t in th e
S ta tes o f th e O h io, C en tra l M ississip p i and L o w e r M issou ri v a lle y s is
p o b a b ly less fa v o r a b le than In the p re v io u s w eek, co n sid e ra b le
darn a ge b v ru st an d In sects b e in g re p o rte d . In N eb ra sk a , l o w a. p o r
tion s o f O k la h om a an d A rk a n sas, a n a in P e n n sy lv a n ia an d N ew \ o r k ,
so m e im p r o v e m e n t is r e p o rte d
In C a lifo rn ia e a rly w h eat p rom ises a
h e a v y c r o p , e x c e p t in th e sou th ern p o rtio n o f th e S tate. In O regon
and W a s h in g ton th e c r o p h a s m ad e g o o d ffrow th , a d e cid e d im p r o v e
m e n t be!ti£ re p o r te d fr o m The la st-n a m ed S ta te. H a r v e s t in g Is in
p r o g r e s s in so m e o f th e S ou th ern S ta tes, w ith b e tte r y ie ld In T ex a s,
in s o m e lo ca litie s , than was e x p e c te d .
S p ju x o W ii b a t .—T he w eek h*a b een h ig h ly fa v o r a b le f o r s p rin g
w h e a t in th e D a k ota s a n d M in n esota , a n d th e c r o p is d o in g w ell in
N e b ra sk a a n d Io w a , S eed in g on lo w la n d In O r e g o n h a s b een d e la y e d
t o co n s e q u e n c e o f e x c e s s iv e m oistu re.
O a t s .—O ats h a rv est Is In p ro g re s s in th e S ou th ern S la te s, w ith g e n
e r a lly lig h t y ield s. T he c r o p I# m ak rig slo w g r o w th in th e M id d le
A tla n tic S ta tes and the U p p er O hm V a lley , an d h a * su ffered fro m to o
m u ch rain In M issou ri. In S outh D a k o ta , N eb ra sk a , M in n e so ta and
I o w a oata a re d o in g w ell.
F a r e t h e r c a b l e * a a a n l l r x l v e n h e r e ■*• a n t e 1 0 6 0 .
THE
DRY
in price. The demand for flannels and blankets has been in
different, but prioes are maintained.
D om e st ic C o t t o n G o o d s ,— The exports of cotton goods
from this port for the week ending May 29 were 1,984
packages, valued at $116,513, their destination being to the
points specified in the tables below :
o ...
QRAIH.
W heat—
H a rd D u lu th , N o. 1
N’t h 'n D o ln th . N o. 1
B e d W in ter. N o. 2 ..
H a rd M an., N o. 1 O a ts—M ix ’ d , p e r bsh.
W h i t e ........................
N o . 2 m ix e d ______ _
No. 2 w h it e ........... ..
1087
GOODS TRADE.
N e w Y o r k , F r i d a y , P . 51., June 2, 1899
The volume of business transacted during the week does
not compare favorably with the average of recent weeks, a
result towards which the break occasioned by the holiday
has contributed. Apart from that, however, the demand
has shown a falling off in some lines o f staple cottons, buy
ers finding their actions hampered by short supplies or fol
lowing recent advances in prices conservatively. There is
no greater disposition than before on the part of sellers to
force business, and the tone continues very firm for all leadiDg
makes of both staple and fancy cottons. In the woolen goods
there is a visible improvement In the general tone, together
with more business passing and occasional advances of 5 per
cent reported. Advices from various out-of-town points are
encouraging. W arm weather has stimulated the consump
tive demand for seasonable merchandise into activity, and
retailers' and jobbers’ stocks are being rapidly worked off.
A case of yellow fever at New Orleans caused some anxiety
in the early part of the week, but as it has not been followed
by others, uneasiness has worn off. Southern markets are
doing well. Collections continue satisfactory.
W oolen G oods.— Advances of 5 per cent have been made
in several lines of men’s-wear worsteds in plain goods,
such as serges, and in fancies, and the general tendency of
the worsted goods division is towards a higher level of values.
Stocks have been well depleted in many directions, and with
continned improvement in the re-OTder demand, agents are
getting well sold ahead. W oolen goods have been in better
request than of late, but supplies are at least fair, and no
change in prices noted. The advance in raw material, how
ever, gives sellers more confidence in the fntnre of prices,
and stocks are not pressed upon the market. Kerseys are
tending against buyers and overcoatings generally are firm.
Business in cloakings is moderate at previous prices. Woolen
and worsted dress goods are in moderate request and steady
New Y ork
to
1899.
M a t 29.
W eek.
G re a t B r it a in ....................... ..
O th er E u r o p e a n ...... ...............
119
3
A f r ic a ........................ ..................
50
52 7
96
131
908
15 0
C e n tra l A m e r ic a ......................
S o u th A m e r i c a . . . . . ...............
O th e r C o u n tr ie s ......................
S ince J a n . 1.
1 ,0 3 2
451
107,355
1,4 9 4
2 1 ,3 9 8
6,2 2 7
1 2 ,6 8 7
2 ,0 7 7
4 ,2 8 9
2 1 ,1 6 2
4 ,2 3 0
18 9 8 .
W eek.
12 7
60
13
S ince J a n . 1
114
10 7
150
1,6 7 6
58 5
6 1 ,1 4 4
7,0 6 5
1 7 ,0 9 2
6,4 6 5
5,7 63
1 ,9 2 4
2,9 6 8
2 1 ,2 0 3
9 .4 8 6
110
235
181
T o t a l......................................
C hin a, v i a V a n c o u v e r * ___
1,9 8 4
1 8 2 ,4 0 2
6 ,7 4 2
1,0 9 7
65 3
13 5 ,3 7 6
2 ,3 5 3
T o t a l .....................................
1.9 8 4
1 8 9 ,1 4 4
1,7 5 0
1 3 7 ,7 2 9
• F r o m N e w K n a ia n a m ill p o in t s d lre o t.
The value of the New York exports for the year to date
has been $6,431,959 in 1899, against $4,707,618 in 1898.
Ready supplies of heavy brown sheetings and drills do not
increase, in spite of unusually large production, and consider
able business is passed by on that account for both home
trade and -export. Prices are decidedly firm but not any
higher on the week.
Light weight brown and grey goods
are also very firm, with small stocks on hand. Coarse, colored
cottons, such as denims, ticks, plaids, etc., are in moderate
request ODly, but as stocks are in good shape, prices are well
maintained. The demand for bleached cottons has fallen off
to some extent since the last advance in price bat sellers are
firm thereat: wide sheetings also firm. A moderate business
has been done in ducks and osnaburgs at unchanged prices.
A good demand is reported for new dark fancy calicoes. The
opening prices of leading makes have yet to be named and
the balk of the orders is being placed at value. Agents are
expected to name 5>4o. per yard for the best makes. Light
fancies are scarce. .Staple lines snch as indigo blues, Turkey
reds, mournings, etc., are in steady request and firm. Ging
hams are still in short supply and very firm for both staples
and dress styles.
F o r e i g n D r y G o o d s . — W o ile n and worsted dress goods in
moderate request, and firm in price. Silks are quiet with
some irregularity. Ribbons also irregular.
Linens quiet
but prices firm. Men's-wear woolens and worsteds firm, but
only small business reported.
I m p o r u u o a a t n d W a r e h o u s e W it h d r a w a l* o f D ry G o o ta
The importations and warehouse withdrawals of dry goods
at this port for the week ending June 1 , 1899, and since
January 1, 1899, and for the corresponding periods of last
year are as follow s:
THE CHRONICLE.
1089
§tati
/i w p
C
TERMS
OP
ity
D tfA flTM tin .
SU B SC R IPTIO N .
Cue I nvestors’ S upplement will be furnished w ithout
csrra charge to every annual subscriber of the Commercial
and Financial Chronicle .
The State and City S upplement will also be furnished
without antra charge t o every subscriber of the Chronicle .
The Street Ra il w a y Supplement will likewise be fur
nished without extra charge to every subscriber of the
Obbonicle .
The Quotation S upplement, issued monthly, will also be
furnished without extra charge to every subscriber of the
Chronicle .
TER M S for the Chronicle with the four Supplements
fVoL. LXVIII.
the total bond sales for the month $7,869,442. In
the case of each loan reference is made to the page o f
the C
where a full account of the sale iB
given.
h r o n ic l e
M a t B ond sa l e s.
R a te.
P a g e.
L o ca tio n .
1 0 3 7 . A k ro n (O.) SolL D ie t .. 4
1090.
A llia n c e , O M o........... 4
1 0 9 0 . A n d e rs o n C o., K a n . .. 4+a
9 3 8 ..
A th e n s, G a ............... 4
1 09 0
B a ttle C reek, M ic h .... 3+a
1 0 3 8 .. B ay on n e, N. J ............. 4
1 0 3 8 . B a y o n n e , N. J ............. 4
9 3 8 ..
B e d fo r d C ity , V a .. 5
888. .
B e rtie C o ., N . C ...... 4
1 038
B irm in gh a m , A la ...... 6
9 8 8 ..
B lo o m fie ld , N. J .... 4
1 0 9 0 ..
B o u ld e r (Cal.) S ch o o l
D iet. N o. 3 ................. 5
9 8 8 ..
B o ttin e a u C o., N .D a k 5
.
aboTe named are Ten Dollars per year within the U nited
B rock ton ,M a ss. (3 ies.) 3+a
States and Twelve Dollars in Europe, whioh in both cases 11 00 33 88 ..
..
B ro ck to n , M a es...... 3 H
lnoludes postage.
___________
1 0 3 8 .. B rook field , M o ............. 5
938.
B u ffa lo, N. Y ............. 3
1 0 9 0 .-B u ffa lo ,N . Y ................. 3
T e rm s o f A d v e r tis in g — ( P e r In e h S p a ce .)
9 3 8 ..
C arn egie, P a ............ 4
T ra n sien t m a tter (ea oh tlm e )$ i 2 0 i T h ree M onths (13 t im e s ). .$ 2 9 0 0 1 0 9 0 C arth ag e (O.) S ch.D is. 6
s t a n d in g b u s in e s s c a r d s .
S ix M on th s
(2 6 t im e s ).. 5 0 0 0
8 8 8 . C ed a r R a p id s (Io w a )
T w o M onths (8 tim e s )......... $ 2 2 0 0 ' T w e lv e M on th s (6 2 t im e s ).. 8 7 0 0
Sell. D ie t ...................... 3>a
1 0 9 0 ..
0 .a t fle ld , M inn....... 4
5 8 9 ..
C ba n u te. K a n ......... 6
MUNICIPAL BOND SALES IN MAT.
9 8 8 ..
C harles T o w n , W . V a.4
1 0 3 8 ..
C h a rlotte. N. Y ...... 3+a
1 0 3 8 ..
Cheater, P a .............. 3+a
1 0 3 8 ..
C h icop ee, M a ss....... 3>a
9 3 8 ..
C in cin n a ti, O h io .... 3ia
1 0 3 8 ..
C lay C o., I n d . ......... 6
8 8 9 ..
C lin to n C o ., P a ...... 3 ia
1 0 3 8 . C oh oes, N. Y ................. 4
9 3 9 ..
C o lleg e HU1, O h io _ 5
9 8 8 ..
C o llie rv ille , T en n .. 6
1 0 9 0 C olu m b u s, W ie ............. 313
1 0 9 0 C ro w W in g C o., M inn. 4
1 0 9 0 ..
C o v in a (C al.) S eb.D ls.7
8 8 9 ..
C ou n cil B luffs (Io w a )
8ch . D ie t......................
8 8 9 ..
D e n v e r, C ol. (5 Is
s u e s )..............................
9 8 8 ..
D ix o n Co. (N eb.) Sch.
D tet. N o . 6 0 ................ 5
9 8 8 ..
D o d g e C o., N e b ...... 4
1 0 9 1 ..
D u B o is (P a .)S oh D ie.4
9 3 9 ..
F a ll R iv e r, M ass. (2
Issu e s)........................... 4
8 8 9 ..
F ra n k lin ,N . H ........ 3ia
9 8 8 ..
F ra n k lin T w p ., N. J ..4
1 0 3 9 ..
E U w ood C ity , P a .. 4ia
1 0 3 9 . E ly ria , O h io................. 6
9 3 9 ..
G a llo n (O.) Sch. D ie t.4 ia
9 8 8 ..
G ea ry C o., K a n .... 4
1091.
G e n e va , N . Y . (2 is- >
s u e s )..............................( 3ia
1 0 3 9 ..
G len R id g e , N . J .... 4
1 03 9
.G le n R id g e , N. J ...... 5
9 8 8 . . G le n w o o d
(M inn .)
Soh. D iet...................... 4
9+9 .G lo u ce s te r , M a s s ........ 3 %
1 0 9 1 ..
G o w a n d a (N. Y .) Sch.
D ie t ................................ 4
1 0 9 1 ..
G ran d R a p id s , M ic h ..4
9 3 9 ..
G re e n b u rg (N .Y .)S ch .
D ist. N o. 1 0 ................ 4
1 0 9 1 . H a m iito n C o., O hio.
5
1 0 9 1 ..
H a stin g s , M in n ...... 4
3i
1 0 3 9 ..
H elen a , M o n t . ....... 4
1 0 9 1 ..
H e rk im e r, N. Y ...... 3ia
1 0 3 9 ..
H o lla n d , M ich ........ 5
9 4 0 . I r o n M o u n ta in , M ich . 6
1 039 J o p lin (M o.) S ch.D ist. 4
9 4 0 ..
L a G ran d e (O re.)S ch .
D ist. N o. 1 ..................
9 8 9 ..
L a P la ta C o.(C oL )8ch.
D ist. N o. 9 .................... 5
9 8 9 ..
L a P la ta Co. (Col.)Soh.
D iet. N o. 9 ................... 5
1 0 4 0 ..
L a k e C o., I n d .......... 41a
1 091 L a k e C o ., O h io ............. 4
1 0 9 2 ..
L a n sin g b u rg , N. Y . ..3M
9 8 9 ..
L a w re n o e , M a s s .. 4
8 8 9 ..
L a w r e n e e C o „ S .D a k 5
.
1 0 9 2 .. L aurel, M iss.................. 6
9 8 9 ..
L o g a n C o., O k la .... 4ia
9 8 9 ..
L oga n C o , O k la .... 5
1 0 4 0 ..
L o ra in , O h io ............ 5
1 0 4 0 ..
L o w v ille , N . Y ........ 313
9 8 9 ..
L y n n , M aes............. 4
1 0 9 2 . M eC on n elsvU le, O hio. 4
9 4 0 .. M ansfield, O h io ........... 6
9 4 0 ..
M a n sfield , O h io ...... 6
9 4 0 ..
M a rico p a C o. (A rlz.)
Seh. D ist. N o. 4 ......... 7
9 8 9 ..
M a rio n C o., I n d ..... 3ia
9 4 0 ..
M a tto o n ( in .) S ch ool
D ist. N o 1.................. 4
9 8 9 .-M in n e a p o lis, M in n .,.. 31a
1 0 4 0 ..
M in n ea p olis, M in n ... 4
1 0 9 2 ..
M o n tg o m e r y T o w n ’ p
(Ohio) Seh. D is t ........ 6
9 9 0 ..
M t. P le a s a n t (N. Y .)
Sch. D ist. N o . 1 ......... 4
8 9 0 N e w b u rg h , N. Y .........
1 0 4 0 . .N e w L o n d o n , C o n n ..
3%
1 0 9 2 ..
N e w L o n d o n (O hio)
Soh. L ist...................... 6
8 9 0 N ew M e x ic o ................. 4
1 0 4 0 .N e w Y o r k S tate........... 313
9 4 0 ..
N ia g a ra F a lls, N. Y . .4
1 0 9 2 ..
N ora S prin gs, I o w a ...4
1 0 9 2 N o r fo lk (C o n n .)S e w e r
D is tr ic t ........................ 4
1 0 4 0 ..
N orth C a ro lin a ....... 4
1 09 2 N o rth D a k o t a ............... 4
1 0 9 2 ..
N o rw a lk , C o n n _
3ia
1 0 4 1 ..
N o rw o o d , O h io ........ 419
8 9 0 ..
0 . e a n S prin gs, M iss."5
1 0 4 1 ..
0 . i o S ta te U n iv e rsity4ia
no price
9 9 0 . . 0 . e o n t a , N . Y ........... . 4
A review of the municipal bond market during the
month of May presents no new conditions. The high
prices that these securities have commanded for
months past still prevail, and as the market con
tinues comparatively hare of desirable securities, no
immediate change in this respect appears likely.
Two States have this month placed bonds on the
market—namely, New York and North Carolina.
New York’s $500,000 per cent bonds sold on May
25 at a price netting the investor 2 ’826 per cent, as
against 2*874 per cent the interest basis of a sale last
November. North Carolina on May 22 sold $110,000
4 per cent bonds on a basis of 2-924 per cent, a much
better rate than was quoted for that State's bonds on
the Street. Other places have secured equally satis
factory prices for their bonds. Wayne County, Mich.,
on May 6 sold $700,000 3£ per cent 15-year bonds at
105-0152, a basis of 3-08 per cent. Marion County,
Ind., sold $300,000 3£per cent 1-30-year (serial) fund
ing bonds on May 12 at 104-602, netting 3-123 per
cent. Minneapolis, Minn., on May 11 sold $200,000
per cent 30-year school bonds at 107-40, a price
which nets the investor 3-119 per cent, and Chester’s
(Pa.) $180,000 3£ per cent 30-year bonds sold on May
25 for 108-14, at which rate the interest nets 3-083
per cent.
Probably the most interesting event of the month
was the handiDg down by the State Supreme Court
of Pennsylvania of the long-looked-for decision in
volving the validity of the proposed $11,200,000
loan of Philadelphia. The decision given on May 15
declares this loan valid. While it is not proposed to
float the entire issue at one time, we may look for
ward in the near future to an issue of possibly several
millions, as many of the contemplated improvements
are immediate necessities.
Our usual monthly record shows that the total
amount of municipal securities marketed during May
was $7,869,442, not including $1,423,500 of tempor
ary loans reported. This aggregate may be com
pared with $7,477,406 for April 1899 and $7,036,926
for May 1898.
The number of municipalities issuing bonds was
164 (emitting 184 separate issues), as against 150 and
186 for April 1899, and 142 and 163 for May 1898.
In the following table we give the prices which were
paid for May loans to the amount of $6,782,674,
issued by 139 municipalities. The aggregate of sales
for which
has been reported ia $1,086,768, and
M a tu rity .
A m o u n t.
P r ic e .
May 22,1904
5.000 102-77
40.000 101 525
1914-1919
50.000 160
1900-1929
100.000 103-60
10.1 00 101-77
1905
50.000 102-76
1909
100.000 104-61
11909-1929
60.000 100
1903-1907
5.000 101-33
1809
25.000 102
1919-1929
75.000 111-58
14.000 104
11904-1914
1914
2.000 103
1900-1919
1900-1904
95 ; o o o | 1 0 3 1 0
13,500 107-47
May 1,1900
3,691 100
July 1,1900
701 100
1929
40.000 111-16
1900-1906
700 107-357
11904-1909
10.000 100-50
25.000 101 141
1900-1913
5.000 100-66
June 1,1929
10.000 104-125
6.000 101
1904-1915
1929
180,000 108-14
June 1,1909
23.000 103-153
35.000 100
11907-1917
19011910 16,200 107-22
1919
49.000 101-527
1902- 1904
6.000 103-166
Mav 1.1929
40.000 124-77
1,400 100
+1900-1909
10 .0 0 0 10 0
1919
55.000 101-86
6.000 112-71
U904-1909
67.000 102-42
17.000 105 125
1904-1914
11.000 106-145
11909-1919
50.000 101-142
16.000 100-72
1929
90.000 117-135
40.000 1011902-1909
673
75.000 102- 27
1900-1929
8,1 0 0 103 55
(1904-1919
3,000 107 233
1900-1905
15.000 110-125
1904-1918
35.000 105-02
1919
100-76
81.000 5
1 102-15
37.000 107-625
1909-1926
40.000 104*49
+1900-1914
15.000 100-37
1909
1900-1919
30.000 102 9125
10,000 105-61
1904-1913
200,000 102-10
1900-1904
15.000 101
*1910
14.000 101-86
May 6,1900
10,200 100
tit 09-1919
July 1,1919 130,000 101-35
13.000 102-05
Feb. 1,1909
2,500 112-29
15.000 108-98
1904-1919
20.000 101-837
1 7 .0 0 0
100-603-
tl908-1919
2 6 .0 0 0 ( 1 0 3 .2 89,
12.000 j
U904-1914
18991919 1 2 ,6 0 0 1 03 -8 6
19001919 3 5 .0 0 0 1 0 6 -2 6
6 3 .0 0 0 1 0 1 -2 5
1904
1904-1910
5 6 .0 0 0 1 07 -2 0
t1909-1919
1 4 0 .0 0 0 1 0 2 -9 3
tl904-I919
4 .0 0 0 101
1920-1929
8 0 .0 0 0 1 0 0
4 6 .0 0 0 100
+1909-1919
1931-1932
1 0 .0 0 0 1< 9
1900-1919
2 0 .0 0 0 1 0 2 -0 7
6 1 .0 0 0 1 07-08
1909
1916-1922
1 0 .0 0 0 1 0 5 -5 6 7
1900-1904
4 .0 0 0 1 0 7 -5 2 5
1900-1904
1 ,6 5 0 107 0 3
+1909-1919
7 .0 0 0 1 07 -5 0
190019293 0 0 .0 0 0 104-602.
+1909-1919
2 8 .0 0 0 105
Jan. 1,1929 2 0 0 .0 0 0 1 0 7 -4 0
190119041 7 5 .0 0 0 1 0 1 7 1
1900-1901
1 ,8 0 0 1 0 2 -5 9 7
1900-1924
5 0 .0 0 0 1 08 -0 7
8 .0 0 0 1 01 -8 7
July 1,1919
2 0 .0 0 0 1 0 5
1903-1911
4 ,5 0 0 1 1 4
+1919-1929
6 0 .0 0 0 101-338
1902-1906
5 0 0 .0 0 0 1 0 3 -1 2 5
May 1,1919
1 5 .0 0 0 1 12-53
June 1,1919
6 , . 4 0 1 02 -1 4
1909&1919
1 8 .0 0 0 1 0 9 -0 1 7
Jan. 1,1909 1 1 0 .0 0 0 1 0 9 -2 7 5
1919
5 0 .0 0 0 1 0 0
+1919-1929
2 5 0 .0 0 0 1 04 -8 9
1900-1909
8 6 .3 6 2 1 0 5 -6 6
♦1904-1919
5,000+1100
1904&1905
1 0 .0 0 0 1 07 -9 7
*1908
5 .0 0 0 1 0 2 -5 0
Jcjje 3,
THE CHRONICLE
>»y
Page
L oca tion .
R ate.
9 4 1 . . 0 .a n g e . N. J . , , . ......... 4
9 4 1 . . 0 .m s D y C o., N e r..... 5
1 0 4 1 . O r o n o g o (M o.) S ch o o l
D l i t r i c t ........................ 6
9 9 1 .. O sa g e l a , (2 iss u e s ).. . 4
1 0 9 2 .. O tta w a C o., O h io ........ 5
1 0 9 2 .. O w a to o n a , M inn......... 5
1 0 4 1 . -P e lic a n R a p 's (M inn.)
I n d .8ch .D U t. U o .1 0 . 5
9 4 2 . . P eoria , IU................... 6
9 9 1 . . P erth A m b o y . N. J . . . 4
1 0 4 2 . -P 6 toa k ey , M ich ........ 4
1 0 9 2 P la tts m ou th , N e b . , . . 5
9 9 1 . . P orta m on tb , V a ...... 5
1 0 9 3 .. P rin ce ton , M in n .......... 5
0 9 1 . . P u n iB u ta w n e y , P a . . . 4
9 9 1 .. P u tn a m C o., I n d . . ___ 4
1 04 2 O n ln cy , Malta................ 3 %
9 4 2 , K eld svD le, N. O ........... 5
9 4 2 .. R e id a rllle , N . C ........... 8
1 0 9 3 . R oc S port (O .jS ch .D le. 5
1 0 4 2 .. 5 . c d o ., I o w a ............ 31*
1 0 4 2 .. 8 .. J o se p h (M o.) S ch.
D ie t................................ 4
8 0 2 .. Bt. J o s e p h , M ic h ......... 4
1 0 4 2 . S a n fo rd , N. 0 ............... 6
9 4 3 , S eda lla , M o................ .
4
9 4 3 . . Be<lalia, M o................. 4
1 04 3 So. O m aha, N eb ........... 5
9 9 2 . . 8 .r l n g l lt l d , O h io .... 5
1 0 9 3 . T e ea m a eb , N e b ........... 4tt
8 9 2 . . T ekatuah (N eb.) Beil.
D ir t ........................ .
4
1 0 4 3 . T o le d o , O h io ................. 4
9 9 3 -U h rieh iT U le (O.) Bch.
D ie t ................................ 4
9 4 4 . U in ta Co. (W j-o.) Sch.
Dint, N o. 1................... 4t*
8 9 3 , C t e , I o w a ...................
6
1 0 9 4 , W alla ce, I d a h o ,............ 0
1 04 4 W arren (O.) S eh -D U L *
9 4 4 .. W a sco C o. (O re.) Sch.
D iet. N o . 5 ___ . . . . . . 6
9 4 4 , .W a y s e C o , M ich ......... 38»
8 9 3 .. W e stfield , M aas........... 3>*
1 044 . W est P oin t, N e b ......... 4>s
- 9 3 W eilev tlle. O h io ....... .. 4
9 9 3 .. W h a rton C o.. T e x a s .. 4 ha
1 0 9 5 .. W h a rton (T exa s) Bch.
D lat................................ 6
1 0 9 5 .. W hite P la in s, N. V .... 4
9 9 3 W ilm in g to n . N. C . . . . . 4
9 0 3 .. W ln th ro p , M in n .......... 8
1 0 9 5 .. W jk otr, > U nn........... 5
1 04 4 Y o u n g s to w n , O h io .... 5
1 044 Y o n n g s to w n , O h io .... 5
M a tu rity.
1 9 ' 9 -1 9 2 2
1 1 9 0 9 -19 1 9
1 19 0 9 -1 9 1 9
*1909
1 9 0 7 -1 9 1 8
1 90 9
A m o u n t. P ric e.
5 0 .0 0 0 1 1 0 2 1
2 0 .0 0 0 1 00 50
5 ,2 5 0
2 5 ,4 0 0
12,000
1 5 .0 0 0
6,000
1 9 0 9 -1 9 1 4
19001 903 1 4 ,7 0 0
10.000
1 919
12,000
1 1 9 0 9 -19 1 9
1 0 3 .0 0 0
1 9 0 1 - 1 919
2 5 .0 0 0
J u n e 1 ,1 9 2 9
1 6 .0 0 0
1 9 t9
9 .0 0 0
3 0 ,5 3 0
"T s itf"’
3 0 .0 0 0
1 9 0 0 -1 9 2 9
2 5 .0 0 0
M a y 1 ,1 9 2 9
7 ,f 0 0
J u ly 1 .1 9 2 1
12.000
1 9 0 0 -1 9 1 1
2 7 .0 0 0
(1 9 0 4 -1 9 1 4
(1 9 0 9 -1 9 1 9
1 91 9
1 929
1 919
t l9 1 9
M a r. i '/ i 9 0 4
(1 9 0 9 -1 9 1 9
1919
(1 9 1 9 -1 9 2 9
(1 9 0 9 -1 9 1 9
1 91 9
(1 9 0 9 -1 9 1 9
(1 9 0 9 1 919
M a y 1. 1914
1 9 0 0 -1 9 2 9
(1 9 0 9 -1 9 1 9
1 9 0 0 -1 9 0 9
1 1 9 0 9 -1 9 3 9
1 919
1 9 2 0 -1 9 2 9
1 929
(1 9 0 4 -1 9 0 9
1 9 0 0 -1 9 1 3
1 9 0 0 -1 9 0 4
1 9 0 0 -1 9 0 4
11010 2
1 17 113 -1 6 6
109T66
104
105
101-666
100
1 13-30
ICO 66
105-51
101 04
1 04 1 09 -4 0
118106160
100
105- 655
1 08 -8 9
1053 0 .0 0 0 1 06 - 08
1 7 .0 0 0 1 0 0
7 0 .0 0 0 101*25
3 .0 0 0 11*7-533
21.000 100 -2 4 5
1 9 .0 0 0
1 5 0 .0 0 0
10 2 105
1 11 -
2 0 ,0 0 0
1 0 6 -5 6 2 5
2 4 .9 0 0
1 .4 0 0
18,000
3 0 .0 0 0
100
800
7 0 0 .0 0 0
120.000
2 3 .9 0 0
3 0 .0 0 0
1 3 .0 0 0
1 07-03
102109075
103- 2 5
105 0 15 2
103- 7 99
1 00 102 -9 1 0
102-573
M issou ri .— Legislature Adjourns.— The State Legislature
concluded its session on May 23, 1899.
Rhode Isla n d .—Legislature Adjourns.—The State Legis
lature adjourned on May 26, 1899.
St. A ugustine, F la .—Suit Indefinitely Postponed.— The
suit recently brought by W . C. Middleton and others to re
strain the city from issuing the $20,000 electric-light plant
bonds voted last March has been indefinitely postponed, as the
State Legislature had passed in the meantime on A ct legal
337
izing the issuance of the bonds.
86 Texas .—Legislature Adjourns.— The State Legislature ad
journed on May 27, 1899.
83
Bond Calls and Redemptions.
Arizona .—Bond Call.— Territorial Treasurer Thos. W .
Pemberton has called for payment the following bonds :
Wagon road and brioge bond*, dated Nov. L 1885, and numbered 1 to 38; algo
QUa orloge bonds Noa. 1 t o
Inclusive, and dated May 15,1836, Interest
ceased May 1 5 .1 * 9 .
0
lnr one asy4U m bondsN 08. l t . 1$ and 21 to 80. Inclusive, 13 to 20. inclusive,
having been presented »nd paid without being called : also feuding bonds Nos.
963
1 to 10, inclusive, dated Jan. 10, 188». Interest will cea*e June i5, tsvo.
Atchison County. K an .—Bond Call.— This county has
called fo r , i ayment July 1, 1899, at the State’s fiscal agency
in New York City $231,OOt) 6$ bonds, dated July 1, 1884, and
numbered from 1 to 281, inclusive.
50
Charleston, W . Va .— Bond Call.— E. A . Reid, City Treas
urer, csb called for payment June 18, 1899, at the Kanawha
National Bank, Charleston, bonds Nos. 31 to 80, each for
$300, and dated June 18, 1899.
941D ea fer, Col .— Bond and Warrant Call.— City Treasurer
Paul J. Sours called for payment May 15, 1899, at which time
all Intersst will cease, the following bonds and warrants :
8,000 104- 7 5
2 5 .0 0 0
1 5 0 .0 0 0
4 .4 0 0
7 .0 0 0
5 .0 0 0
6 .2 5 0
1 1 5 53
1 01 10512
103 9 2 8
105- 2 3
1 05 -2 4
T o t a l (1 3 9 m u n ic ip a lit ie s , c o v e r i n g 159
s e p a r a t e ls e u e s )............................. .................... * 6 ,7 8 2 ,6 7 4
A g g r e g a t e o f s a le s t o r w h ic h n o p r ic e has
b e e n r e p o r t e d (25 m u n ic ip a litie s , c o v e r in g
2 5 s e p a r a t e is s u e s ).............................................. 1 ,0 9 6 ,7 0 8
T o t a l b o n d s a )c s f o r M a y 1 8 9 9 ................. 1 *7 ,8 6 9 ,4 4 2
* A v e r a g e o f d a te s o f m a tu r ity , t S u b je c t to ca ll In a n d a fte r th e
e a r lie r y e a r a n d m a tu re lu th e la te r y e a r , i N o t In c lu d in g * 1 ,4 2 3 ,5 0 0
o f te m p o r a r y lo a n s r e p o rte d a n d w h ich d o n o t b e lo n g in th e lis t .
f And o th e r co n sid e ra tio n s. J Less a o o m m la sioe.
In the Chronicle of May 6 1899, page 887, a
list of April bond sales amounting to (7,447,906,
will be found. Since the publication of that state
ment we have received the following additional reports.
ADDITIONAL A l-a iL BOND BALES.
R a le .
M a tu rity .
A m o u n t. P ric e.
939. Klk Point, 8. Dak..... 4k, 11904-1911
1 2 ,0 0 0 100-513
6,000 100
9 4 0 . M a d rid (la .) B ch .D ie t 4
119 0 4 -19 0 9
8 4 0 .. M a q u ok eta , I o w a (2
1 1 ,5 0 0 1 00-29
I s s u e s ) .. ... ... . . . . . . .
4
I1 S 0 0 -1 8 0 9
P a g e. L o ca tio n .
T o ta l a d d it io n a l s a le s f o r A p r i l ...................
It is held that the method provided for the reporting fo r taxation o f the in
tangible property o f corporations is by listing and assessing the entire capital
stock at Its market or actual value, less certain specified deductions. T he pro
vision fo r listing franchises as a distinct and separate class o f personal prop
erty applies only to private parties or others not falling within the-provisions
4o76
f the section which provides fo r the taxation o f corporate property as a whole.
T h e decision o f the District Court fo r 8t. Louis County was modified in ac
with the above rulings.
5cordance
83
5 0 .0 0 0
21 ,* 00
10.000
1089
* 2 9 ,5 0 0
These additional loans will make the total sales
(not including temporary loane) as reported for April
1899 amount to *7,477,406.
Dallas C on n ti, Mo .—Bond. Agretnunt.—’W e take the fol
lowing item relative to the bond difficulties of Dallas County
from the Hf. Louis •- Republic
The railroad bond trouble# In Dallas County. Mo., proral*© to be settled noon
to the saCtsfac* Ion o f *11 concerned. The w tU rm ent i nr Indee the construc
tion o f a Una o f road from Lebanon aero#* Dallas County ;0 mile* to
Bolivar. A year ago the D*s Mclnc* Land A Improvement Company wiw oriraniiedc 1 hi* company acquired, either ditectly or by option, the $8*6,0*<0 o f
outatandtnjr railroad bond*, which Delia* County ha* declined to par. With
Interest the amount do© exceeded $1,0 * .OOP The company also *e» axed the
rHrht o f way and gratis o f a projacrisd railroad from Lebanon to Bolivar. T o
day ii wa* announced the company had reached a settlem ent with the Comtniwiioner* o f Dallas County. By Ka term* the company a«r*e* to build the
railroad and to abandon alt claim to Lntarest, and the county is to Issue new
bond* for $43a,0»),>. The proposition to U*ue bond* must, however, be submit
ted to a vote o f the people. A special election will be ordered at once.
Minnesota .—Supreme Court Ruling in Franchise Tax
Cases.— A special dispatch from St. Paul to the Duluth
“ H erald," dated April 38, 1899, contains the following with
reference to a decision by Justice Mitchell in the Supreme
Court on the question of the taxation of franchises of light
and water, street-railway companies and other corporations
rendering service to municipalities t
It (the deeM on) apparently cover* the whole question a* far M It In set forth
by the provision* o f the tax law o f l£SH. One provision o f Section 1530 o f that
law is held to he eneon*tlt«*Hm*l. It provide* for a deduction o f the debt* o f
a oorporalkin from the value o f It* stock. The Court hold# this to be unequal
tayailon. but says that the remainder o f the section la not affected by the unao-naflt otfonaniy o f thla provision.
The dedelon is rendered In the
o f the State against the Duluth Qas A
Wai*r C om pany^be Hartman General Electric Company, Duluth Water A
Light Company, w w f Duluth Electric Company and the Duluth Street Kaliway Company for taxea.
Another Important fefltn n In the denlalnn I* a raliog that the Duluth Street
Railway Company 1* not a '‘ railroad company ^ within the meaning o f the
iTosf A*roicf* law. so It cannot be taxed upon Its gToes earnings.
Capitol Hill banitary 8cw er Dlst. No. 1. bonds No*. 2( 0 to 263, both inclusive*
4 0South
0
Side January Sewer Dlst. No. 1. bonds Nos. 210 to 262, both Inclusive.
Booth Side Sanitary Sewgg Ilist. No. 2, bonds No*. 18 and III.
North Denver Sanitary Hewer Dlst. No. 2, bonds Nos. 187 to 221, both In
clusive.
Downing A venue Banltory Sewer OUt, No. 4. bond No. 18.
Fifteenth Paving DUt. No. 1, bonds Nos. U and -6.
Broadway Paving Dlst. No. *, bonds Noa 0 to 1?, both Inclusive.
Broadway Storm Sower Dlst, No. l, bonds No*. Sand 4 .
Larimer Street Paring Dlst. No. 1, bonds Noa i28tO 142, both inclusive.
Larimer rU eet Paving Dlst, No. 2, bonds No*. 171 to 177, Beth Inclusive.
WARRANTS.
Thirteenth Street Sanitary Sewer refunding warrants No*. 122 to 127, both
Inclusive.
The City Treasurer also called for payment June 1, 1899,
the following bonds :
Cepitol Hill Sanitary Sewer Dlst. No. 1. bonds Nos. 254 to 266, both Inclusive.
South Side Sanitary Sewer D1st, No. 1. bonds N oa 263 to *66, both inotu»!vc
North Denver Sanitary Sewer District No, 2, bonds Nos. 222 to 226, both inel naive.
Nineteenth Street Paving Dlst. No. t , bonds No*. 112 to 116. both inclusive.
Breadway Storm Sower Dl$t, No. I, bond No. 6.
Railway Impr ovement Dlst. o f the Colfax Avenue Paving DisL No. 1, bonds
Noe. i *o S3, both indualve.
Ball way Im provem ent D U L of the 15ih street Paving Dlst. No. 1, Bonds
No*. 1 to 4, both inclusive.
Railway Improvement DJsL o f th© Broadway Paving Dlst- No. 2, bonds Nos,
1 to 4, both Inclusive.
Upon request from the holders of any of the above bonds
and warrants ten days before the expiration of these calsl,
the City Treasurer will arrange for their payment at the
Mercantile Trust Co., New York City, but not otherwise.
Des K oines, Iow a .—Bond Calls and Redemptions.— This
city has redeemed $20,000 bonds of 1838 and will redeem a
like amonnt of the same issue about Oct. 10, 1899. There
was also called for payment May 20, 1899, $1,000 University
Place bonds.
^ Douglas Connty, Neb.— Warrant Call. — The County
Treusuier has called for payment general fund warrants
amounting to $43,000, These warrants include registered
number 1874.
H illsborough County, F la .—Bond Cull.— This county has
called for redemption on July 1, 1899, at the First National
Bank of Tampa, Fla., bonds Nos. 4, 7, 37, 64, 05, 92 and 136;
also Nos. 6, 9, 11, 47, 108, 120 and 187, issue of 1897. These
bonds were drawn by lot at the regular meeting of the Board
of County Commissioners held April 4, 1899. H. L, Mitchell
is Clerk of the Board.
Kenosha, W ls .—bond Call — This city has called for pay
ment July 1, 1899, at the First National Bank, Milwaukee,
$170,000 5* re-adjusiment bonds, dated October 15, 1884.
Montgomery County, In d .— Bonos Redeemed.—On May 11,
1899, this county redeemed $20,000
bonds and is now clear
of all indebtedness.
Multnomah County, Ore.— Warrant Call. — Ralph W .
H oyt, Connty Treasurer, has called for payment country war
rants, Class “ B ,” drawn upon the road fund that were
presented and indorsed “ N ot paid for want of funds’’ from
May 1, 1898, to May 31, 1898, both dates inclusive. Interest
on these warrants ceased on May 25, 1899,
Oregon.— Warrant Call.— State Treasurer Charles 8.
Moore has called for payment at his office all outstanding
State warrants indorsed “ Presented and not paid for want
of funds ' prior to May 10, 1899, with the exception of those
drawn on the swamp land fund, the State bounty fund and
those drawn on the general fund for conveying insane to the
asylum Bince February 26, 1899,
Pierce County (W a sh .) School D istricts .— Warrant Call.
— Stephen Jude on, County Treasurer, called for payment
io y o
THE CHRONICLE.
at bin office May 27, 1889, the following school district war
rants :
Number*.
Issued. 1 D ist.
N um ber*.
Issued.
...8 7 t o 44. .......... ............ 97-9*
. 420 to 456............ .......... 08-99 142....... ...6 3 and 64............ .............. 1898
............ 1891
. . . 1897
............ 1898 1 66....... ...1 4 4 t o lftl___ _
118........................ ............. 1899
..............97-98
.. 2-12 to 277...........
............ 1896
.............. lMte 1 75 . . . .
............ 1898
•I
............98-99
............ 1»98I
34.......... 88 (0 42...............................
I8V8 |
Pike County (M o.), Buffalo, Calumet, Cuivre and Peno
Townships .—Bond Call.— Interest has ceased on the follow
ing bonds:
M,OOOBuB»lo Township !>* bonds, dated Jan. 1,1880. Bonds are numbered
front 64 to 69. inclusive.
_ __ .
0,000 b% Calumet Township bonds, dated J an -1.1889, and numbered 20 to 81.
86, 36. and SK to 41, all inclusive.
_ __ .
.
5,000 t'ulvre Township bonds, dated Oct. 1,1887, and numbered 60 to 0*. Inc.
3.0C0 5JI l*eno Township bonds, dated Nov. 1, 18b7, and numbered 20 to 28,inc.
W ashington.— Warrant Call. — State Treasurer Young
called for payment May 19, 1899, the following warrants:
General fund warrants Nos. 38,616 to 34,315, inclusive,
amounting to $66,342.
The State Treasurer has also called for payment June 8,
1899, warrants Nos, 34,316 to 36,310, inclusive, amounting to
$51,111 47, and State bond N o. 16 for $5,000.
Bond Proposals and Negotiations
week have been as follows :
this
Akron, Ohio.— Bond Offering.— Chas. H . Isbell, City Clerk,
will sell at public auction on June 10, 1899, at 10 a . si., $13,000 42 refunding bonds. Securities are in denomination of
$1,000, dated June 10, 1899. Interest will be payable semi
annually at the National Park Bank, New York City, and
the principal will mature June 10, 1907.
Alliance, Ohio .—Bond Sale.—J. H. McConnell writes us
that the city sold on May 29, 1899, $40,000 of the 4% streetimprovement bonds to Seasongood & Mayer, Cincinnati, at
101-525. Other bidders were Rudolph Kleybolte & Co.,
Feder, Holzman & Co. and Briggs, Todd & Co., of Cincin
nati: Denison, Prior & Co., The Lamprecht Bros. Co. and
W . J, Hayes & Sons, of Cleveland; The New First National
Bank of Columbus and The First National Bank of Circleville. For description of bonds see Chronicle May 20, 1899,
p.
987.
Anderson County (P . O. Garnett), Kan.—Bond Sale.—
This county has sold at par $50,000 4%% refunding bonds.
Securities are in denomination of $1,000 and mature $10,000
in 15 years, $30,000 in 20 years and $20,000 in 30 years.
Arthur (111.) School D istrict .—Bonds Voted.— A t an elec
tion held recently this district authorized the issuance of
$10,0 0 school house bonds by a vote of 114 to 25.
Ashland. Ohio .—Bond Offering.— Proposals will be re
ceived until 12 m . June 19, 1899, by E. B. Westover, Tillage
Clerk, for $2,000 6'i fire department bonds. Securities are in
denomination of $350, dated June 15, 1899. Principal will
mature $200 yearly from June 15, 1903, to June 15, 1910.
Bonds are issued under sections 2835 and 2836, Revised
Statutes of Ohio.
Proposals will also be received until 10 a . h . on the same
day for $5,000 62 street-improvement bonds. Securities are
authorized by Section 2705, Revised Statutes of Ohio. They
are in denomination of $500, dated June 15, 1899. Interest
will be payable annually, and the principal will mature one
bond each six months from June 15, 1900, to Dec. 15, 1904,
inclusive. A certified check for 5 per cent of the amount of
bonds bid for must accompany each bid.
Atlantic City. N, i . — Bond Sale.— This city has sold to
local investors $10,000 4)4$ 15-year improvement bonds at
110-228.
Auburn, A la .— Bids Rejected—Bond Offering.— A ll bids re
ceived May 16, 1899, for the $6,000 52 20-year school-house
bonds were rejected. W e are advised by R. W . Burton,
Clerk of the Council, that proposals will again be received
for these bonds, this time until noon June 15, 1899.
Battle Creek, M ich .— Bond Sale.— The following bids were
received on May 15, 1899, for the $10,000 sewer bonds :
[V ol. l x v i i i .
B irm ingham , A la .— Bond Offering.— Proposals will be re
ceived until 12 m . June, 7, 1899, by F. V . Evans, City Clerk,
for $20,00 J 62 10-year public improvement bonds. Securities
are issued under authority of an A ct of the State Legislature
approved Feb. 23, 1899. A certified check for $500 must ac
company proposals.
Boston, Mass.— Temporary Loan.— The “ Boston News
Bureau ” reports that the city of Boston has borrowed $1,500,000, in anticipation of the collection of taxes, until Nov. 1,
at 2-852.
Boulder (C o l.) School D istrict No. 3 —Bond Sale.— On
May 15, 1899, the $14,000 52 5-15 year school bonds were
awarded to the Boulder National Bank at 104. There were
thirteen bids in all received, ranging from par to the amount
at which the bonds were awarded. For description of secur
ities see C h r o n i c l e May 6, 1899, p. 888.
B ridgeport, Conn.— Bonds Authorized by Legislature.—
The Legislature has authorized the issuance of $50,000
bridge bonds.
Brockton, Mass.— Bids.— Following are the bids received
on May 25, 1899, for the $50,000 3)4% 1-20-year street-im
provement, the $33,000 3 %% 1-20-year school-house, the
§10,000 3)^2 1-20-year sewerage and the $5,000 3)42 1-5-year
surface drainage loans:
For entire $98,000.
I
For entire $98,000.
R . K le y b o lt e & C o., N . Y ...............103*10 | E . H . R o l li n s & S o n s , B o s t o n . . . 102*08
R ln e s A C u m m in g s . B o s t o n .........102*29
J o s e , P a r k e r & C o . ( f o r $93,000).102*975
E . H . G a y A C o ., B o s t o n ................ 102*14 | B l o d g e t , M e r r i t t & C o . ($ 9 3 ,Ol O) .102*106
Ii. L. Day & Co., Boston, bid 102-329,102-79, 102-329 and
100-329 for the bonds in the order named above. A s stated
last week bonds were awarded to Rudolph Kleybolte & Co.,
New York.
Broukline, Mass.— Temporary Loan.— The town on May
12, 1899, negotiated a loan cf $200,000 at 2%% per annum.
Loan matures November 12, 1899.
Buffalo, N. Y .—Bond Issue.— The Comptroller has been
authorized to issue a judgment bond of $701-17, which will
be taken by the Park Bond Redemption Sinking Fund.
Bond bears 32 interest, dated June 1, 1899, and matures July
1, 1900.
B u rr illv ille , R. I .— Bond Bill Passes Legislature.— The
State Legislature has authorized this town to issue $100,000
bonds.
Cambridge, Ohio.— Bond Offering.— Proposals will be re
ceived until 12 m . June 19, 1899, by T. R Daselm, City Clerk,
for $17,000 42 sewer bonds and $8,000 42 paving bonds. Se
curities are in denomination of $1,000, dated July 1,1899.
Interest will be payable semi-annually at the office of the
City Treasurer. Principal will mature 20 years from date
o f issue. Bonds are issued pursuant to sections 2835 and
2837, Revised Statues of Ohio.
Carmi, 111.— Bonds Defeated.— A t an election held May 16,
1899, a proposition to issue $5,000 expense bonds was defeated
by 314 majority.
Carthage (O h io) School D istr ict.— Bond Sale.— On May 26,
1899, the $700 62 1-7 year (serial) bonds were awarded to
Briggs, Todd & Co., Cincinnati, at 107-357. Following are
the bids:
Briggs, Todd A Co., Cincin
$751 50 11st National Bank, Barnesville.$741 00
J . R . S a y le r, C in c in n a t i................. 741 00 1 E d w . S. H u D b e ll, A v o n d a l e
728 00
Charleroi, Pa.— Bond Election.— A n election will be held
July 11, 1899, to vote on the question of issuing $96,250 bonds
for sewerage, paving and fire-alarm purposes.
Chatfleld, Minn.— Bond Sale.— On May 9, 1899, the $25,000 42 refunding bonds were awarded to the Merchants’
Loan & Trust Co., Chicago, at 101-141. For description of
bonds see C h r o n i c l e May 9, 1899, p. 889.
Chicago, 111. - Bond Offering.— Proposals will be received
until 12 m . June 20, 1899, by W illiam D. Kerfoot, City Comp
troller, for $618,000 3)^2 gold refunding bonds. Securities
are in denomination of $1,000, dated July 1, 1899. Interest
will be payable semi annually at the American Exchange
National Bank, New York City, Principal will mature
July 1, 1919. A certified check for 52 of the amount applied
for must accompany proposals.
Cleveland, Ohio.— Description of Bonds,— The $155,000
sewer district bonds recently authorized by the City Council
will be in denomination of $1,000, dated April 1, 1899. In
terest w ill be payable semi-annually at the City Treasurer’s
r_TT
For SH% Bond*.
office. Principal will mature A pril 1, 1909.
F o r 4% B o n d s .
Furson. Loach A Co.. Chicago.. 101*77
Denison, Prior A Co.. Cleve. .106*87
Clifton Heights, Pa.— Bond Election.— A n election will be
W . J. Hayes A Sons, Clevo........101*47
S. J. Titus, Battle Creek__
.105*61
l)<Mil*'in, P rior A Co., Clove ....... 101*357 Briggs. Todd A Co.. Cincin..
held in this borough on July 18, 1899, to vote on the question
.104*05
Lampreaht Ilroo. Co.. Clevo...... 101*29
S. A. Kean. Chicago..............
.101*05
of issuing about $29,500 street-improvement bonds.
rook............. 101*001 _ , „
F o r 4% % B o n d s .
C. F. Kimball A Co.. Chicago__ 101*00
S. J. Titus, Battle Creek......
Clinton (T en n .) School D istrict.— Bond Election.— A n
.101*11
HoasoDBoori A Mayor. Cincin....100*808
For b% Bonds.
Mas<>n, Lewis A Co..Chicago__ 100*65
First Nat. Bank, Chicago___ ,108*125 election will be held June 23,1899, to vote on the question
Merchants* L n A Tr. Co., Chic.. 100*44 8. J. Titus, Battle Creek......
.101*160 of issuing $l0,000_scbool-building bonds.
N. W. Harris A Co.. Chicago......100*06
Columbns, Ohio.— Bond Bale.— The street-improvement
On May 22, 1899, the Council awarded the bonds to Farson bonds recently authorized (see C hronicle May 20 and 27)
Leach & Co., Chicago, at their bid.
will be taken by the sinking fund when issued.
Bellefontaine, Ohio.— Bond OJJervng.—Proposals will
L o m proposed.— A resolution is being considered in the
be received until 12 m . June 13, 1899, by M. J. Nichols, City City Council providing for a short-time loan of $60,000 for
Clerk, for $5,000 5* fire-department bonds. Securities are street cleaning and sprinkling funds.
issued pursuant to sections 2835, 2836 and 2837 Revised
Columbus, W ls.—Bond Sale— Cn May 15, 1899, $10,000
Statutes of Ohio. They are in denomination of $500, dated electric-light plant bonds were awarded to the First National
July 15, 1899. Interest will be payable annually on July 15 Bank, Columbus, at par at 3% per cents.
at the office of the City Clerk. Principal will mature $500
Covina (L os Angeles County, C al.,) School D i s t r i c t yearly on July 15 from 1905 to 1914, inclusive.
Bond Sale.— On May 17, 1899, $6,000 72 school bonds were
Proposals will also be received at the same time and place awarded at 112 71.
for $1,154 62 1-10 year bonds. Securities are issued under
Crow W ing County, M inn.— Bond Sale.— On May 29,1899,
authority of Section 2705 Revised Statutes of Ohio. They the $55,000 4# 20-year funding bonds were awarded, it is
are in denomination of $115 40, dated July 1, 1899. Interest
stated, to Stoddard, N ye & Co. and Denison, Prior & Co.,
will be payable annually. A certified check for $100 must
Cleveland, at 101-86. For description of bonds see C h r o n
accompany each proposal.
i c l e last week, p. 1038.
THE CHRONICLE
J une 3, 1899,J
Davidson, N. C.— Description o f Bowls.—'T his town will
shortly issue $15,000 df street and sidewalk bonds. Securities
will be in denomination of $500, dated July 1, 1899. In ter
est will be payable semi-annually at the Seaboard National
Bank, N ew York City. Principal w ill mature §2,000 in ten,
twenty and thirty years.
Denison (Io w a ) School D istrict.— Bond Offering.- Pro
posals will be received until 2 P . si. Jane 16, 1899, by C. M.
Staley, Secretary, for $22,500 3J 0 5-10-year (optional) school
building b on d s/ Securities are m denominations of $500 and
$1,000.
D etroit, Mich.— No Loan to Be Negotiated. —It has been
stated in some of the papers that the Park Commissioners
are about to negotiate a loan of $3,000 or $10,000. In reply
to our inquiries Mr. Phil. H . A . Balsley, President, writes us
that he is "n o t aware of it.”
Du Bois (P a .) School D istrict.— Bond Sale.— On May 12,
1899, $16,000 4* bonds were awarded to the Lamprecht Bros.
Co., Cleveland, at 1C0*72.
Duluth, M inn.— Descriptkn o f Bonds.— The $500,0C0 4 ) 0
15-year gold funding bonds, proposals for which, as stated
last week, will be received until 7:30 P. ii.,J u n e 19,1899,
will be dated May 1, 1899, and will mature May 1, 1914. In
terest will be payable May 1 and November 1 at the Am eri
can Exchange National Bank, New York City. Bonds are
issued under Chapter 50, Laws of 1-399, and Section 9, Chap
ter 9, of charter of the city of Duluth, being a part of Sec
tion 35, Chapter 55, Minnesota Special Laws, 1891. For
farther details see last week's C h r o n i c l e , p. 11 39.
Eddy County, h\ Dak.— Bonds Voted.— On May 23, 1899,
the proposition to issue $15,000 court house and jail bonds
received over 300 majority.
E lliott (P a .) School D is tr ic t— Bond Offering.— Proposals
are asked for until 7 p. m ., June 6, 1899, by John W . Lowry,
Secretary, for $21,500 i f 15-30-year (optional) school bonds.
Securities are in denomination of $500; interest will be pay
able semi-annually in Pittsburg. The bonded indebtedness
of the district, tnclnding this isane, is $24,800; the floating
debt is $2,492 81. The assessed valuation is $1,100,OCO and
the real value about $1,500,000. The population is 3,500.
Eureka Township (P . O. Gypsum ) Kan.— Bond Sale.—
This township has sold to Spitzer & Co , Toledo, $16,0o0
5 J 0 refunding bonds. Securities are dated May 15,1899,
and mature May 15, 1918.
E lo jd County, V *.—Bonds Defeated.— A t the election
held May 25, 1899, the proposition to issue $150,000 bomla as
a subscription to the capital stock of the Atlantic & Western
Railroad was defeated.
Geneva, N. Y .—Bond Sale.- O n May 29, 1899. $50,010 8 ) 0
and $81,000 3 ) 0 Improvement bonds were awarded to N . W .
Harris & Go., New York, at 102*15 and 100*76 respectively.
Following are the bids:
$60,000 U n it. $31,000 U tu t.
N. W . H arrl* 4 Co, N#w Y ork.
....... .............. IQ2*»5
L om proctu Bro*. Co.. C le v e la n d .--..
................ . . . . . iO**»4
iiXr*?
............................. ............ .
lo r n
10g *36
U. SCTtUbn.
Y ork
fUHrtroo Jt ftfeOffAt Nfrw Y o f k .
1OS* 11
1»j 0*OO
I. W.
Pcro«bk««p*te.. ..................... .......... 10S00
10V.7
Gloucester, Mass.— Temporary I^oan,— This city has ne
gotiated a loan of $100,000 with the Cape Ann National Bank,
Gloucester, at 3$ and $6 premium. Loan matures o. e-half
in eight months and one-half in nine months.
Gonzales County. Texas.— Bonds Approve-!.- On May 23,
1899, the Attorney-General approved the issuance of $50,000
refunding court house bonds.
Gownnda (N.Y'.) School D istrict.— ' -r.d Sole.—On May
31, 1399. $10,000 i f 5-14 year (serial) bonds, were awarded to
W . J. H»yea & Sons, Cleveland, at 105*91.
Grand Knpids, M id i.— Bond Sale.—On May 27, 1899, the
$200,0<b 4% coupon street-improvement bonds were awarded
to the Michigan Trust Co., Grand Rapids, at 102*10. Fol
lowing are toe b id s:
Tr-s.f Co..........,._»SO*.*00 no |Blodget, Merrill 1 Co .l l o .l -l -' -l.-'aP00
K «n tc < k iMavt&jr* B a o k ,.......
<J\4 N at. Hank. H r . iu p l< 1 «..
W . J.
& s<?n*, rib*r<>..
t>. SI. W a tg in A .son*.......... .
A d am * A C b * B oa u ro...........-
363U*00 0 0 M w o n , L*:*r(* & C o., C o le .
& -L7»7 •0 I D on ito n. P rio r JtC o .,C l# Y ® ..
i£f)3,740 7i*i I Pitopla'* Sa t . Bk.,Gr.Ha(>!d»
Jh3,(9n) w I Brigg*. T o d d 4b C o « C lw a n ..
200,152000 , It, R jo y o o lio A Co., CJbcjo ..
r.*ampr*efiE a tm . Co.. ( w H . swmfiA 0 0 1
W5t,w6 20
iO J,610 00
208.440 26
2(*3. 50 *6
202,517 00
Bonds mature $40,000 yearly on May 1 from 1900 to 1904,
inclusive. For ftill description of bonds see C hronicle last
week, p. 1089,
Hamilton County, Ohio.— Bond Sale.— On May 6 , 1899, the
$14,000 5 j bridge bonds were awarded to Feder, Ilolzman &
Co., Cincinnati, at 101*86. Bonds mature May 8, 1900. For
further description see CHRONICLE, April 8, 1899, p. 685.
Hamilton (O hio) School D istrict .—Bowl Offering.— Proprosals will be received until 12 M. June 10. 1899, by W . N.
Andrews, clerk Board of Education, for $10,000 -11 school
bonds. Securities are issied pursuant to section 3,994 Re
vised Statute* of Ohio. They are in denomination of $500.
Interest will be payable semi-annually at the First National
Bank of Hamilton. Principal will mature $5,090 in 1919 and
$5,000 in 1924. A certified national bank check for o f o f
the amount of bonds bid for must accompany proposals.
H artford (Conn.) W ashington School D istrict.— Bond
Offering. — Proposals will be received until 1 P. M. June 10,
1899, by Waiter L. Wakefield, Treasurer, 720 Main Street,
Hartford, for $23,000 3 ) 0 25-year bunds. A deposit of o f of
the amount awarded most be made by successful bidders.
Hartford, VVis.—Bonds Voted. — A t a special election held
May 27, 1899, >be issuance of $12,000 i f water-works bonds
waa authorized by a vote of i84 to 163. Bonds will mature
#1 ,000 yearly, beginning in 1902. Full details of the issue
have not yet been determined.
L091
Hastings, Ylinn.— Bond Sale.— This city has sold $10,200
i f insane-asylum bonds to the First National Bank of Has
tings at par." Securities are dated May 1,1899. Interest will
be payable semi annually at the City Treasurer’s office and
the principal will mature May 1, 1919, subject to call after
M ay 1, 1909.
Helena, M ont.— Bond Award,— As stated last week, the
$130,000 refunding bonds were awarded to the Lamprecht
Bros. Co., Cleveland, at 101*35 for i f bonds. The bonds ad
vertised for sale were 5 per cent bonds and the bidding was
made on 5 per cents with the tacit understanding that the
bids would all be rejected, in order to comply with the law.
and the highest bidder at the regular sale was to take i f
bonds at an equivalent rate. The highest bidder for the 5s
was the Lamprecht Bros. Co., who bid a premium of $19,540,
which hid was equivalent to a premium of $1,756 for 4 per
cents.
H erkim er, N. Y .— Bond Sale.— On May 29, 1899, the $13,0( 0 incandescent electric-light plant bonds were sold at pub
lic auction to W alter Stanton & C o., N ew York City, (at
102*05 for a 3 ) 0 bond.
Houghton, Mich.— Bond Bill Posses Legislature.— The
State Legislature has passed and the Governor has signed
the bill authorizing the issuance of $60,000 water-works and
street-improvement bonds.
Houston, M in n .— Bond Offering.— Proposals will be re
ceived until 1 P. m . June 3, 1889. by the Town Board of Su
pervisors at the office of J. A . Redding, Township Clerk, for
$2,000 1-4-year tonds. Interest will be at a rate not exceed
ing I f .
,
Houston, Texas. -B o n d Election Proposed.—An election
will probably be held to vote on the question of issuing
$300,000 sew /r bonds. A resolution to that effect is now be
fore the City Council.
Jackson Township (P . 0 . Crestline) O hio.— Bond Offer
ing.— This township will sell on June 17. 1899, $3,000 bonds.
S. E. Fonst is the Township Clerk.
Jellico, Cam pbell County, Tenn.— Bonds Defeated.— A t
the election held recently, the proposition to issue $6,000
street improvement bonds was defeated.
Jennings, I.a. —Bond Election.— A n election will be held
about July 1, 1809, to vote on the question of issuing from
$20,000 to $3 ,000 electric light and water-works bonds.
Joplin (M o .) School D istrict.— Bids.— Following are the
bids received May 22, 1899, for the $20,000 i f 5-20-year school
bonds:
L. L. Doubletlay.Colombo*. .$20,307 60 I Trowbridge. MacDonald A
ShmWKUK ad A Mayer, Ctnein. 2“ .3l0 00
N iter Co.* Chltttgo...... .......$20,231 00
r Oder. Hoirman a t C m
. 20,813 OO I N. W . H am a A Co.* Chicago. 10,216 00
J>.>hfi Nuv<-«n AC *• . c c urix** • . 2 7 CO j W. J. Have* A Bone. C leve... 20 2»1 « 0
(JenlMft, Prior A Co.. Cleve.. 20,2/4 00 | Lamprecht Bros. Co., C leve.. £0,160 00
M iner*' Bank o f J o p lin .........
S0.S36 tO i M oaon. Lew i* A Co.. C h ica go. 20,c27 00
I Joplin National Bank— .. .. 20.022 60
There were other bids received, but without forfeit, and
were therefore not considered. As stated last week, bonds
were awarded to L. L. Doubleday at 101*887.
kahekn, Mo.— Bonds Defeated.— A t an election held re
cently tne proposition to iseae $17,000 bonds was defeated.
Kansas City ( M o .) School D istrict.— Bond Election.—A n
election will be held June 2*2, 1399, to vote on the question of
issuing $100,000 school building bonds.
Kenosha, W is. — Bond Offering.— Notice has been given
by this city that for 30 days after May 25, 1899, $170,000
3 1 0 refunding bonds will be offered for sale in the city of
K eu csta. and will ba issued to the person or persons bidding
the highest sum, not less tnan par therefor, and offering to
Hccept the lowest rate of interest for said refunding bonds,
or sny part o f said refunding bonds, which rate of interest
shall not exceed three and one half (3)4) per cent per annum.
This notice is given under provlai .n of sections 959-4 of the
Revised Statutes of tne State of Wisconsin, and by order
and resolution of the Common Counc 1 of the City of Kenosha.
The e .• bonds will be dated July 1,1899, and will mature
within 20 years from date of issue. Gas. Jacob is the City
Clerk.
K lrksvilie (M o .) School D istrict.— Bond Election.— An
election will be held June 8, 1899, to vote on the question of
issuing $35,900 i f bonds in lien of the 5 per cents authorized
at the April election. These bonds were awarded on April
20, 1899, at 100*60 for J per cents, whereas 5 per cent bonds
were authorized at the earlier election. A s the aot of the
School Board in awarding i f bonds has been questioned, the
above election haa been called to correct the technical differ
ence.
Lsc* qnl Parle County (P . 0 . Madison). M in n ,— Bond Offer
ing.— Proposals will be received until 12 M , June 20, 1899, by
John B. Oadson, County Auditor, for $30,000 court-house
bonds. Securities are issued under Chapter 290, Laws of
1895. They are in denomination of $3,0t>0, dated July 10,
1899. Interest (at i f or lower) will be payable annually in
Madison. Principal will mature $3,000 yearly on July 10.
The total debt of the county is $34,000, The assessed valua
tion is $4,315,407 and the real valuation about $14,385,000.
The population in 1895 was 12,687.
Lake County, Ohio.— Bond Sale.— On May 30, 1899, the
$-35,000 i f bridge bonds were awarded to Seasongood &
Mayer, Cincinnati, at 106*26. Bonds mature part yearly on
June 1 as follows: $1,500 from 1900 to 1909, inclusive, and
$2,000 from 1910 to 1919. inclusive. For further description
of bonds see C h r o n i c l e May 18,1899, p. 940.
Lnkeiteld, M inn.— Bonds Voted.— A t a special election
held May 29, 1899, this place voted for the issuance of bonds
for electric lights and water works.
H)92
[V ol.
THE CHRONICLE.
Lakevlew, Lake County, O r e .-B o n d s D e fe a t e d .-M the
election held May 15, 1899, the proposition to issue 35,000
water-works bonds was defeated by five votes. Mr. W illiam
T. Boyd, Recorder, writes us that they
will try again
l x v iii.
New London (O hio) School D istrict—Bond S a fe -O n May
29 1899 $1,500 6$ bonds were awarded to the First National
Bank, Circleville, at 114. Securities are in denomination of
$500. Interest will be payable semi annually and the prin
cipal will mature $500 yearly on September 1 from 1903 to
inclusive.
. . . .
, ,.
,
" u 'n s l M b u r * , N. T .- B o n d Sale - O a May 31 1899, the 1911
Newport News, Ya.— Bonds Voted.— A t the election held
*03 000 street-improvement bonds were awarded to Josepn May 25, 1899, the issuance of $90,000 bonds was authorized.
E Gavin. Buffalo, at 101-25 for a 8tf4 bond. Following bids
New Rochelle, N. Y .—Description o f Bonds Offered for
were received:
Sale.—In the C h r o n ic l e , May 13, 1899, we stated that profor a 3*4* Bond.
^ fi.T ln ButTalo ................... 10125
I Bertron 4 Storn. New
I t H. Smith * C<>.. New V ork
. ..lOl'O..
..100 01
Jo*. *3U t K huL
|W. J. H i m a Sor.s. Cleveland..IOTUI
Allen s*nd A C o -fn e w Y ork ........ 10V57 C. H. White * Co.. New Y o r k . ..100 52
N. W* Harris A Co.. New Y ork...101*07 I
Bonds mature June 1,1904. For further description of
them see C h ro n icle May 27, 1899, p. 1040.
,
Laurel, Del.— Bond O ffering— Proposals will be received
until 12 m . Jane 15, 1899, by the Town Commissioners, for
$30 000 4 ? water-works and sewer bonds. Securities are is
sued under authority of an Act of the General Assembly
approved Feb. 23, 1899. Interest will be payable January 1
and July 1, free of State, county or municipal taxation, at
the Sussex Trust, Title & Safe Deposit Co. of Laurel. Bonds
will run 30 years, “ redeemable at the option of the said Town
Commissioners.” The town has no indebtedness and the
assessed valuation is *334,000.
Laurel, Miss.— Bond Sale.—On May 27, 1899, $4,000
5 20 year (optional) school bonds, were awarded to the Noel
Young Bond & Stock Co., St, Louis, at 101. Securities are
in denomination of $500; interest will be payable annually
OILon” sbnrg (Tow n) N. C.—Bond Election.—A n election
will be held on June 14,1899, to vote on the question of issu
ing $30,000 .water-works, sewerage and electric-light plant
bonds. George S. Baker is Town Clerk.
Jlcf'onnelsYille, Ohio.— Bond Sale.—On May 31, 1899, the
$10 000 44 street-improvement bonds were awarded to Seasongood & Mayer, Cincinnati, at 105-567. Following are the
)ids »
SeM fin goid * M ayer, C incin tlO,556 75 I D enison, P rio r A Co., C leve $10,201 00
R K l.'rb olte * C..., 6 n c l n .. 10,492 80 I K. M. Btanbery, M cC onnelsv. 10,201 00
L a m p r e e h t Bros. Co., C l e v e . . 10.437 00 | W . J. H ayes & Sons, C le v e ... 10,135 00
Feder, U olrm an * Co.,Cincin 10,405 00 I
Ronds mature *500 every six months from Feb. 1, 1913, to
For full description of bonds see
C h r o n i c l e May 6, 1899, p. 890.
Mahoning County, Ohio.— Bond Sale.— On June 1, 1899,
$35,000 4lA $ Children’s Home bonds, were awarded to The
Dollar Savings & Trust Co. of Youngstown at 109-33.
Securities are in denomination of $500 dated June 1, 1899.
Interest will be payable March 1 and September 1, and the
principal will mature yearly on September 1, $1,000 in 1900
and $1,600 from 1901 to 1916, inclusive.
Maine.— Temporary Loan.— This State has placed a twentyone months’ loan of $100,000 with the Augusta Savings Bank
at 34 per annum.
Mankato, Minn.— Bond Offering.— Proposals will be re
ceived until 10 a . M. June 16,1899, for $15,000 3)£4 20-year re
funding water-works bonds and $8,000
20-year refund
ing bridge bonds. Securities are in denomination of $ ,000,
the water bonds being dated August 1,1899, and the bridge
bonds October 1, 1899.
Interest will be payable semi
annually. A certified check for $500 must accompany bids
for the water bonds and one for $250 for the bridge bonds.
Matawan (N. J .) School D ictrict — Bonds Defeated —A t a
recent election in this district the proposition to issue $12,000
bonds was defeated by a majority of 49 votes.
Mattoon, 111.— Bond Election Favorable.— The election
which was held May 27, 1899, to correct a technical error in
the des-ription of the bonds sold May 1, 1899, resulted in
favor of the correction, and the original sale stands.
Milan, Ohio .—Bond Offering.—Proposals will be received
until 3 P. m. June 12, 1899, by Darwin Fay, Village Clerk, for
$6,000 54 1-20 year (serial) electric-light plant bonds. Securi
ties are in denomination of $3 0; interest will be payable
March 1 and September 1 at the office of the Village Treas
urer. All bid* must be unconditional, and bidders will be re
quired to deposit an amount in money or a certified check on
some bank either in Milan, Sandusky or Norwalk, in the
sum of $^00
Minneota, M in n .— Bonds Defeated.— The proposition to
issue $5,000 water-works and sewerage bonds was dtfeated
at a recent election.
Minnesota.— Loans Negotiated.— The School Fund Trus
tees have loaned the following counties and school districts
the amounts set opposite their names;
Ang. 1,1923, inclusive.
P « n c C o u n t y ..................................... $30X 00 I B lu e B a rth C o . S c h . D is t. N o. 4 2 ...$ 5 0 0
K * n a b # c C o u n t y . ............................ 12,500 | K a n a b e c C o . B ch . D is t. N o. 2 4 .......... 260
B lu e K a n h S c h . D ie t....................... 8 ,' OO K u m sey C o. S c h . D ls t. N o. 10........... 800
E ly Soh. That.......................................
7,000 |
Montgomery Township (P . 0 . Ashland, Ohio,) School
District .—Bond Sale.—The highest bid received on May 27,
1899, for the $1,800 64 bonds was that of Feder, Holzman &
Co., Cincinnati, at 102-597. Following are the bids :
Foder. U olim an A Co.. C»n — $1.*40 7$ i M y e r A Kiaer, In d ia n a p o lis ...$1,826 76
First Nat. Bank. A sh la n d ....... » 83* 10 |Jo h n M c ( ontioll, A sh la n d ....... 1,82600
Flr«t Nat. Bank, B a rn earille.. 1,«33 10 [ Lam precht Bros. Co., C le v e .. 1,81100
C osh octon Nat B a n k................ 1.82 75 f
Bonds mature $600 on March 1, 1900, $600 Sept. 1, 1900,
and $600 March 1, 1901. For furt her description of bonds see
Chronicle May 20, 1899, p. 989.
Nemaha Connty, Neb.— Bonds Vo'ed.— A t the election
held May 24, 1899, the issuance of $40,000 4*^4 court-house
bonds was authorized. A description of these bonds was
given in the Chronicle April 15,1899, p. 787,
posals would be received until June 6, 1899, for $150,000
street improvement and $13,000 city prison bonds. W e are
now advised that proposals will be received until 8 p . m . on
that day by Andrew J. Selz, City Clerk. The street im
provement bonds are in denomination of $1,000, dated Jane
6 1899 Interest will be payable in Jane and December.
Principal will mature $5,000 yearly on June 6 from 1904 to
1933, inclusive. The prison bonds will also be in denomina
tion of $1,000, dated June 6, 1899. Interest will be payable
in June and December, and the principal will mature $1,000
yearly on June 6, from 1904 to 1916, inclusive.
The bonds will be sold to the person or corporation who
will take them at the lowest rate of interest, and they will
be certified to as to genuineness by the United States Mort
gage & Trust Co., New York City.
Nora Springs, Floyd County, Io w a .— Bond Sale.—On May
25 1899, the $6,540 water-works bonds were awarded to the
Minnesota Loan & Trust Co., Minneapolis, at 102-14 for 4%
bonds. Bonds mature June 1,1919. For further descrip
tion of securities see C h ro n icle May 13, U 99, p. 941.
N orfolk (Conn.) Sewer D is tr ic t— Bond Sale—On Mav 29,
1899, the $18,000 4%gold sewer bonds were awarded to E. EC.
Rollins & Sons, Boston, at 109 017. Following are th9 bids:
E H. Rollins k Sons. Boston ..109-017 I Jose. Parker k Co., Boston....... 107-175
E H. Gay & Co., Boston. _____ 108-14 N. W . Harris k Co.. B oston....... lul-31
K im berly,R oot* Ufty,NewHav.lo7-78 I Holmes & G ay.............................. lOl'OO
Bonds mature $6,000 June 1, 1909, and $12,000 Jane 1, 1919/
For fu ll description of securities see C h r o n ic l e May 20,1899,
p 990
North Dakota .—Bond Sale.—Oa May 3, 1899, the $50,000
50-year State hospital bonds were awarded to the Board of
University and School Funds at par for a 4% bond. For de
scription of securities see C h r o n i c l e April 22, 1899, p. 788.
N orwalk, Conn.— Bids.— Following are the bids received
May 29, 1899, for the $250,000 3)^4 gold 20-30 year (optional)
refunding bonds, the highest of which was that of E. H . Gay
6 Co., Boston, at 104-89.
E . H G a y * C o ., B o s t o n ..............10C 8 9 | D e n is o n , P r i o r * C o ., C l e v e
10372
E . H . G a y « C o .. B o s t o n ............. 104-35 I R o b e r t s * C o ., N e w Y o r k ............... 103’63
E . H . R o llin s & S o n s , B o s t o n . .104-333 I N . W . H a r r is S C o ., N e w Y o r k 103-575
A d a m s & C o., B o s t o n ................. 104-167 E d w . C . J o n e s * C o .. N e w Y o r k .1 0 2 '1 1
M a s o n , L e w is & C o ., B o s t o n . . . .1X3*799 |
For description of bonds see C h r o n i c l e May 13, 1899,
p. 941.
Oberlin, Ohio .—Bond Offering.— Proposals will be received
until 2 p. m . June 5, 1899, for $800 64 Northwest Sewer Dis
trict bonds and $1,200 64 Spring Street sewer bonds. Securi
ties are issued under authority of sections 2704, 2705 and 2708,
Revised Statutes of Ohio. They are dated June 5,1899. In
terest will be payable semi-annually at the Citizens’ National
Bank of Oberlin. The $800 issue will be in denomination of
$100 and will mature one bond on June 5 of the years 1900,
1901, 1903 and 1904, and two bonds in the years 1902 and 1905.
The $1,200 issue will be in denomination of $200 and will ma
ture one bond yearly.
Omaha, Neb .—Bonds Authorized.— The Council has passed
ordinances authorizing the issuance of one-half the $50,000
paving and $50,000 sewer bonds voted at the last election.
Ottawa County, Ohio .—Bond Sale —Oa May 29, 1899, the
$12,000 54 bonds were awarded to Feder, Holzman & Co.,
Cincinnati, at 117-583. Following are the bids:
F e d e r , H o lz m a n A C o ., C i n ...$ l4 ,1 1 0
S e a s o n * o o d & M a y e r, C in c in . 14,085
W . J . H a y e s A S o u s , C le v e . . 14,077
D e n is o n , P r i o r A 1 o ., C l e v e . . 14,052
C r o g h a n B a n k o f F r e m o n t . 13,960
00
00
00
50
Ou
I N e w F ir s t N a t . B a n k , C o lu m .$ l3 ,5 6 5
C. F . K im b a ll & C o ., C h i c a g o . 13,f>13
| L a m p r e e h t B r o s . C o „ C l e v e . . 13,380
i R . K le y b o lt e & C o ., C i n c i n . . . 13,380
|F ir s t N a t . B a n k , B a r n e s v i ll e . 13,250
CO
20
00
00
00
Bonds mature $1,000 yearly on Jane 8 , from 1907 to 1918,
inclusive. For full description of nonds see C h r o n i c l e May
20, 1899, p. 991.
Owatonna, Minn .— Bond Sale.— On May 30, 1899, $15,000
54 10-year library bonds were awarded to Kane & Co.,
Minneapolis, at 113-166. Following are the bids:
K a n e A C o ., M i n n ....................... $16,975 CO I S e a s o n g o o d & M a y e r . C in cln .$ t6 ,3 3 2 10
M m n . L o a n & T r . C o ................. 16,518 50 N. VV. H a r r is A C o , C h i c a g o . 16,292 50
L a m p r e e h t B r o s . C o ., C le v e .. 16,411 50 | F a r s o n , L e a c b A C o ., C h ic . . . 16,12 j 00
D e n is o n , P r io r A C o., C le v e . 16,3«5 00 N a t . F a r m ’ s ’ B ’ k, O w a t o n n a ? a nnn no
S t o d d a r d , N y e A C o ., C l e v e
1*,331 50 First- N a t . B a n k , O w a t o n n a . \ 10*UUJ uu
W . .1. H a y e s & S o n s , C l e v e . .. 16,330 00
Perry County, 111.—Rends Re Awarded Subject to Elec
tion.— Theagretm ent made by this county with T. B Pot
ter, Chicago (see C h r o n i c l e May 6, 1899), for the sale of
$ 200,000 refunding bonds has fallen through, and the bonds
have been re-awarded to the First National Bank, C. S.
Smith & Co. and the Bank of Murphy, W all & Co., all local
institutions. The bonds are in denomination of $1,000 and
bear 4 yfff, interest, payable in New York City. Principal
will mature 20 years from date of issue, subject to call after
10 years. The question of issuing these bonds must first be
vo'ed upon, and we are advised that an election will prob
ably be held for this purpose the latter part of J une.
Philadelphia, Pa .—Loan Authorized.— The Select Council
has authorized a temporary loan of $759,200 for various pur
poses.
The Common Council authorized this loan two
weeks ago.
Plattsm outh, Neb .— Bond Sale. —This city has sold to
Spitzer & Co., Toledo, $103,0 0 54 refunding bonds at par.
i'HE
J une 8, 1899
CHRONICLE.
Securities are in denomination of $1,000, dated June 1 , 1899.
Principal will mature $3,000 yearly on Jane 1 from 1901 to
1918, inclusive, and $67,000 in 1919.
Price (U tah ) School D istrict .— No Bonds Voted.— In the
C hronicle May 13, 1899, we stated that, according to local
reports, bonds were recently voted in this district. Mr. H . G.
Mathes, Clerk of the School Board, now writes us that there
have been no bonds voted at this place and that there is no
likelihood of there being any.
Princeton, Minn .—Bond Sale.— On May 13, 1899, the $16,000 5% 10-year gold water works and electric-light plant
bonds were awarded to the Minnesota Loan & Trust Co.,
Minneapolis, at 100-68.
Providence, R. I .—Bond Bill Poised by Legislature,— The
issuance of $150,000 bonds for the construction of a retain
ing wall has passed the Legislature.
Putnam C ou n tj. In d.— Bide. - Following are the bids re
ceived May 16, 1899, for the $30,530 i i 20-year grave!-road
bonds of Warren and Jefferson townships :
P rem iu m , j
Prem ium -
Z*sOtr k Biddle, Brazil............... #317 5o ( Central Nat, Bank, GreencaMk*.# 115 (M)
Brings. Todd k Co,. Cincin........ 305 » ) i R. KJeyboite A Co,. Cincinnati.. HO 00
W . J . Hay e# ± S eoa, C la re......... C o ; Peder, B o f s a t n k Co.. O n d n . . . 100 >*7
Flrit Nat. Bank, Greencaatie... 200 ♦o Campbell, Wild k Co.. Ind Its...
SeaaonifCQd 4 Mayer. Cineln__ 175 00 i New 1st Nat. B*k. Columbus__
35 0o
5 75
A s stated in the C h r o n ic l e May 20, 1899, bonds were
awarded to Zeller & Biddle at 101-04.
Putnam lo u n ty , Mo.— Bond Election. — An election will
be held, according to reports, to vote on the question of isuing $30,000 court-house bonds.
Racine, W is.— Bond Offering.— Proposals will be received
until 2 p. m, June 15, 1899, by Michael Colbert, City Treas
urer, for $17,000
school bond*. Securities are in denom
ination o f $1,000, dated July 1, 1899. Interest will be pay
able annually at the City Treasurer’s office. Principal will
mature July 1, 1919. The successful bidder will be required
to deposit a certified check or bond for $2,000 within 24 hoars
after award.
Rock ledge, Montg< mery County, Pa .— Bond Offering.—
Proposals will be received until 7:10 p. w. June 17, 1899, by
Isaac Tull, Chairman Finance Committee, for $10,000 At
municipal improvement bonds. Securities are in denomina
tions of from $ 00 io $! 000, as desired, dated May 1, 1899.
Interest will be payable May 1 and November 1. and is clear
N E W LOANS.
BOND CALL.
1013
of State tar. Principal will mature May 1, 1929, subject to
call after May 1, 1904. A certified check for 2 i of the amount
of the hid, payable to Adam Nahm, Borough Treasurer, m ust
accompany proposals. The borough has uo other indebted
ness, and the assessed valuation is $303,000.
Rock port ( Ohio) Special School D istrict.— Bond Sale.—
On May 20, 1899, the $12,000 5jS bonds were awatded to
Denison, Prior & Co., Cleveland, at 106-166. Following are
the bide:
D e n is o n . P r i o r
k C o ..
C l e v e . . $12,740
00
j L a m p r e c h t B r o s . C o .. C le v e
$12,500 00
C. F . K im b a ll & C o .. C h ic a g o . 1 2 ,7 5 0 0 0 |W . J . H a y e s & S o n s , C l e v e . . . 12,45)0 00
R o d g e r s A S o n s , C h a g r in FIs, 12,72V 00 Briggs, Todd & C o ., C i n c i n . .. 12,485 00
R . K le y b o lt e k C o ,, C i n c i n . . 1 2 ,6 1 1 7 5
S e a s o n g o o d k M a y e r , C in c in . 12.6 00 00
P e o p l e 's SttV*g8 k L o a n A s s o . 12,405 0 0
M e y e r & K e is e r , I t id ’ a p o l is ... 12,071 81
A bid of 109-804 was received from Feder, Holzman & Co.,
Cine:nnati. too late to be considered. Bonds mature $1,000
yearly On October 1, from 1900 to 1911, inclusive. For fur
ther description see Chronicle April 29, 1899, p, 841.
R n sh yille,
In d .—Bond
Isnte
Not
Probable.— In
the
Board de
sired the City Council to issue $50,000 tchool-house bonds.
W e are now advised that the issuance of these bonds this
year is not probable, as the City Council and School Board
do not agree.
StarbucV, M inn .— Bond Offering.— Proposals w ill be re
ceived until 10 a . M., June 23, 1899, by the Village Council,
for $4,500 5% 20-year water-works and electric-light plant
bonds. Securities are in denomination of $500. Interest
will be payable annually at the office of the Village Treas
urer. Successful bidder will be required to furnish blank
bond. A certified check for $200, payable to O. Tharaldson,
President of the Village Council, must accompany pro
posals. A ll bidders are required to satisfy themselves as to
the legality of the bonds before bids are opened. B . H .
Holte is the Village Recorder.
Starr County, T exas.—Bonds Approved, — The issuance of
$10,500 refunding court-house and jail bonds haa been ap
proved.
Tec n insell. Neb .—Bond Sale.— On May 29, 1899, the $21,000 4fiS refunding water bonds were awarded to The Lam
precht Bros. Co., Cleveland, at 100-245. Chas. S. Kidder &
Co., Chicago, and W . J. Hayes & Sons, Cleveland, each bid
for the bonds at par less a commission of $290. Securitie8
C h r o n i c l e last week we stated that the School
N E W LOANS.
CALI FOR u EDEMPTiO* .
N EW LOANS
^ 5 0 0 ,0 0 0
CITY OF TAMPA, FLA, Franklin County, Ky., Bonds, CITY of DULUTH, MINN.,
T o a l l h o ld e r * o f th e B o n d * o f t h e C it y o f
T a m p a , l««n«*d u n d e r O r d in a n c e N o. 3N .
o f * a ld C it y .
Yon will T A K K NOTICE: That the City o f Tampa
will exercise its option
itt section One o f said
Ordinance No. 3SV and wlli. on the 1st day o f Jane,
A . D. 1809, take ap. pay off and cancel all Bonds
Issued under said Ordinance No. 2*. with all inter
est due thereon on sold date.
The money amounting to $ I 0 0 , 0 0 0 the amount
o f the outstanding Bonds Issued under Ordinance
No, 88, and a sufficient amount to pay all accrued In
terest, will be placed with the A m e r ic a n E x
c h a n g e N a t io n a l t a u k o f i b e C it y o f N e w
Y o r k , ?* t«te o f N e w Y o r k , on or before the
l* t day
J a n e . A . I).
with Instructions
that sold Bonds arc to be taken up when presented
and payment made therefore. This nettle© Is srtven
as required by Ordinance No. SBo f the City o f Tampa.
6o the sold American Exchange National Bank o f
New Tork, where said bonds are marie payable.
After t h e 1st day o f .June. A. I). 1809, all I n te r e s t o n
said bonds stall cease and the City o f Tampa will not
be liable for same,
Signed
SEAL O F TH E :
C IT Y O F
:
TAM PA.
F. C. BOW TER,
Mayor o f the City o f Tampa.
F R A N K BROBN.
President « f th e City Council.
A tte s te d j
JNO. M . &ENDBR8ION,
Approved.
City d a rk .
JN O. A . W E L t E R ,
City A u ditor.
D ated at Tam pa, F lorid a, 18th M ay, 1 * # .
8 5 5 , 0 0 0
City of Montgomery, Ala.
4 *4 *
Bends.
F n a x a ro R T . K r ., April tfi, lfiW.
Notice la hereby given to all concerned th* 1
Franklin County will avail herself o f the option In
the bonds to pay off the Kentucky Midland * allway
bonds issued to the Kentucky Midland Railway
Company as o f date o f July L
ten years expir
ing July 1 ,1899. <>n said date all outstanding bonds
o f said issue are called fur redemption, and they wil*
b e paid in full, boi h principal and interest, by pre
sentation at Bank o f A merles. New York City. New
To*It. The County will not pay interest on said
bonds after July 1 .1899.
This call la made by order o f the Fiscal Court o f
Franklin County. State o f Kentucky, thU April 26.
1*WP.
J. D. MOORE, Judge,
Franklin County Fiscal Court.
BOND CALL.
A N D E R S O N CO. , K A N .
Notice is hereby given that the following described
H ond a o f A n d e m o n C o u n t y , I i a n * « * , are called
fo r payment and cancellation.
Forty live Bonds o f 11,000 each, besring date o f
April 22d, IKM, and numbered from fourteen to fJf y clgbtv both numbers inclusive, and known a* Series
A; also Seventeen Bonds o f #50) each, bearing date
o f April 22d, 1881. numbered from 59 to 75, both
numbers inclusive, and known as Series B; all the
above Bonds bear G% interest payable setnl- annually.
The above-described Bonda are called fo r payment
pr ndpal and accrued interest, at the National Bank
Of t he Republic, Fiscal Agent o f the State o f Kansas
n he City o f New York, on July 1st, 1889. according
to the terms of said Issue, and that the Interest on
said Bond* will cease on said day.
J . W . SHIELDS.
Treasurer o f A t derson County. Kansas.
Garnett. Kansas, May lfcth, 1899.
$50,000
Midland Terminal R’wav Co.
BM» Win 1*
p j City o f MonUsoHoery, Ala..
(C O L O R A D O )
U
on til 12 M Jane 12Ui, proa., fo r 3 » -jm r
Bona,!
♦3A.OOO fo r building School Houses.
1st Mortgage b% Gold Bonds,
fWVOflO for «HDfltmeting Sanitary Sewet a.
D U E D E C E M B E R 1925.
The bids must he unconditional. Investigation as
Payment secured by Sinking Fund provision.
U> their legality to be made before proposals, and
P R IC E 1 02 A N D IN T E R E S T .
eyery hid accompanied by certified check o f Are hun
Full particulars upon application,
dred dollars.
The City reserve* the right to reject any and all
bids,
10 M IL K S T R E E T . B O STO N .
R. IS. BOMMEBVILLB. Treat,
Denver, Colorado.
San Francisco, California
E. H. R O L L I N S & S ONS,
4 ‘4 *
GCLD BONDS.
The City o f Duluth will, on June IP, 1899, sell
#50 ,000
gold, semi annual coupon, 16-year gen
eral bonds, for the pur pose o f taking up the floating
indebtedness o f the city. A)1 bids must be accom
panied by certified chock, certificate o f deposit, or
ap. roved bond lor one per cent o f the face value o f
the bonds bid for. Bonds will be e f #1,000 denom
ination unless oth e rw o e specified In bid. but If so
desired, and It is so specified In bid they may be o f
any o f the following denominations: $1,000, $500,
$100 or #50.
Bids to be unconditional except on favorable
opinion o f Messrs. Dillon k Hubbard or other at
torneys o f similar note.
For further Information address the undersigned.
H. W . CHE A OLE.
City Clerk,( Duluth, Minn.
Nashville, T w in .................................... 4s
.Montgomery, A l a .. . , ........................... 4J^|
Saginaw, M ich ....................................... 4s
A u stin ,T exa s.......................................... 5s
Harrison County, In d .......................4s
Jay County. In d ..................................... 3J-£s
Sandusky, Ohio........................................4s
Montgomery County, O hio.................4s
Tiffin, Ohio ..............................................0s
tipper Sandnsky, Ohio....................... 0s
St. Paris, O hio............... ................... Os
G lenville. Ohio........................................5s
Van IVei t, O hio........................................ 4J£«
B riccs, T
&
odd
C o .,
No. 35 East T hird St r e e t ,
C IN C IN N A T I,
O H IO .
E D W D . C. J O N E S & C O
DEALERS IN
M u n i c i p a l , R a i l r o ad
S t r e e t R a i l w a y and G a s
BONDS.
NEW YORK
1 NASSAU STREET.
PH IL A D E L P H IA - 421 CHESTNUT ST.
THE CHRONICLE.
1094
mature May 1. 1919, subject to call after May 1, 1909. For
further description of bonds see C hronicle May 18, 1899,
P. 948
Thompson (T ow n), Iowa .—Bond Offering,— Proposals will
be received until 8 p . m . June 5, 1899, by the “ Incorporated
Town of Thompson’’ for $3,000
15-year water-works
bonds. Securities will bear dale Julv 1, 1899. Interest will
be payable semi-annually in New York or Chicago, at the
option of the purchaser. The above represents the first issue
or bonds ever made by this town.
Titusville, Pa.— Refunding Bond Issue.—Jules A C. Dubar, City Comptroller, writes us that only a “ few thousand
of the old 4s have been exchanged to date. After June 6 the
new 8s will be advertised and bids requested.” A s stated in
the Chronicle April 1, 1899, this city is attempting to re
fund its entire debt of #116.000 with 3* 10 20-year (optional)
bonds. Under the law holders ol the old bonds have 60 days
in which to exc lange the old bonds for the refunding issue,
after which time the bonds not exchanged may be sold to
the highest bidder.
Toledo, Ohio.— Bide.— Folllowing are the bids received
May 24, 1e99. for the $150,000 4% park improvement bonds:
Secor & B ell, T oled o............*104,955 00
Lam precht Bros. Co., Cle^e. 104,050 (JO
Soltzer & Co., T o le d o
.. .*104,287 00
H om e Savings Bank, T o le d o 164,135 00
Briggs. T o d d & Co.. C in c in .. 164.0"0 00
H ..m e S a fe D ep.& Tr.C o..T ol. 103,850 00
Denison. P rior A Co.. C leve. ldS.^OOO
SpUzer A Co., T o le d o ............164,487 00
New 1st Nat. B ’k, C olum bus 163,000 00
N orthern Nat. B it. T oled o. $187,915 00
R. K ley b olie A Co.. Clnotn •107.121 00
Foder, H olzm an Sl C o.,C ln . 160,06365
G erm an Nat. _____
Hunk, C in ctn .. 166,000 00
S easongood A Mayer,Cln< in. 100,10185
B. K leybolte Jt Co . C ln cin .. 106.021 00
W . J. lla r e * ± Sons. Cleve . 10H.«X)5 00
O h io Savings Bank. T oled o. 105.870 P7
K 11. H ollins A S
B ost.. 105.505 50
• C on ditioned upon Im m ediate delivery o f bonds.
As stated last week, bonds were awarded to the Northern
National Brink, the price being l l l -963 aDd not 111*333 as
first reported.
Utica, N. Y.— Bond Sale.—On June 1, 1899, the $40,000 4%
1-20 (serial) year academy building bonds, the $20,000 4% 1-20
(serial) year school building bonds and the $8,538 57 4% 1-6
(serial) year street improvement bonds were sold at public
auction to Joseph E Gavin, Buffalo, at 108*27, 107'75 and
101-80, respectively. Other bidders represented were: Bertron & Storrs, New York; the Lamprecht Bros. Co., Cleve
land: Price, McCormick & Co., New York; E. D. Shepard &
Co., New York; N . W . Harris & Co., New Y o rk ; Isaac W .
Sherrill, Poughkeepsie; W . J. Hayes & Sons, Cleveland;
INVESTM ENTS.
[V ol. LXYIII.
John G . Gibson, Utica, Charles B. Rogers, U tica; L . W .
Morrison, New York, and S. A . Kean, Chicago. For
description of bonds see Chronicle last week, p. 1043.
Utica (T ow n), N. Y.— Bond Offering.— A t 12 m . June 8, 1899,
the Board of Town Auditors will sell at public auction at the
City Clerk’s office, $5,000 5% 1-year bonds. W . H . Clohers,
Jr. is the Chairman of the Board.
Valdosta, Ga.— Bonds Voted.- A t the election held May 20,
1899. only two votes were cast against the issuance of the
$35,000 sewer bonds. For description of bonds see Chronicle,
May 6, 1899.
W allace, Idaho.— Bond Sale— On May 22,1899, th e$18,000
10-20-year (optional) sewer bonds were awarded to C. F.
Kimball & Co., Chicago, at 102 50 for 0% bonds. For descrip
tion o f securities see C h r o n ic l e April 22, 1899, p 790.
Watertown, Mass.— Loan Negotiated.- On May 29,1899, the
$50,000 temporary loan was awarded at 34 discount and a
small premium. Loan matures Oct. 1, 1899.
W ayne County (P . O. W ooster), O h i o . - Bond Offering.—
Proposals will be received until 10 a . m June 10, 1899, by A .
B. Peckenpaugb, County Auditor, for $15,000 4% jail im
provement bonds. Securities are in denomination of $500,
dated Jane 1, 1899. Interest will be payable June 1 and
December 1. Principal will mature $3,000 yearly on June
1 from 1900 to 1904, inclusive.
Bonds are issued pur
suant to Section 871, Revised Statutes of Ohio. A certi
fied check for 0% of the amount of bonds bids for must ac
company proposals.
W estbrook, Maine.— Bond Sale.— In correction of current
newspaper reports we printed a statement in the C h r o n i
cle of May 13 denying that this town had recently sold an
issue of bonds. Our authority for this statement was the
Treasurer, Mr. C. S. Eastman. The “ Bond Buyer,” a pub
lication which we hold in much esteem, now reports M r.
Eastman as saying that $2,000 bonds were sold on February
1 last to the Westbrook Trust Co. A s the authority is the
same in each case, the explanation of these apparently con
tradictory statements no doubt is that Mr. Eastman in say
ing that no bonds had recently been sold did not mean to
include a sale as far back as last February.
Bond Offering.— Proposals will be received until 11 a . m .
Jane 10,1899, by C. S. Eastman, City Treasurer, for $15,000
INVESTM ENTS.
IN VESTM EN TS
Government an d
U. S. FLOUR MILLING CO. M A S O N , L E W I S
B AN K ERS
Municipal Bonds
1st Mtge. 6 $ Gold Bonds.
C H IC A G O ,
B O U G H T AND SOLD.
f u r n is h e d f o r t h e
o r q u o t a t io n s
pu rch ase, sa le or
Dated May 1, 1899.
Due May 1,1939.
EXCHANGE OF ABOVE SECURITIES.
REDEEMABLE A F T E R 10 YEARS A T 110.
L IS T S ON A P P L IC A T IO N .
N. W. HARRIS
It
&
B A N KE R S ,
N A S S A U S T . (B ank of Comm erce Bldg.)
MUNICIPAL
RAILROAD
B O N D S .
CORPORATION
C h oice Is s u e s .
Coupons May and November.
CO.,
CO.,
BOSTON,
6 0 D e v o n sh ire S t.
1 7 1 L a S a lle S t.
D enom ination, S I , 0 0 0 .
APPRAISEMENTS MADE
&
.............
8 9 2 2 ,8 7 3
Average annual net profits
Annual interest charges on bonds issued. 4 5 0 ,0 0 0
Street Railway and Gas Companies.
L I S T ON A P P L 1 C A T It» N .
Surplus....................................................SdJS.SJ'a
PUBLIC SECURITIES
P R IC E , 1 0 3 A N D IN T E R E S T .
Special circular on application.
SUITABLE FOR
C . H. W H I T E & C O .
BANKERS,
8 AVINGS BANK AND TR U ST
71 Broadway,
FUNDS.
LISTS MAILED ON APPLICATION.
Farson, Leach
C H IC A G O .
1 0 0 D earborn S t.
&
Co.,
City of Cambridge............................. 3 H s
Michigan Central Collateral......... 3)^s
Rock Island........................................4s
Baltimore
ros.
C
o.
Rudoloh Kleybolte & Go.,
LISTS SENT UPON REQUEST.
In formation given and Quotations furnished con
cerning all clAAnea o f stocks and bonds that have a
C1...IMU1 marflha,.
3d and W a ln u t S tre e ts, C incinn ati, O .
Co.,
16
C o ngre ss Street,
Boston.
1 5 W a l l S tre e t, N ew Y o r k .
M A IL E D
UPON A P P L I C A T I O N .
STATE. CITY
&
RAILROAD BONDS
MUNICIPAL
BONDS.
E. O. S t a n w o o d
&
Co.
BANKERS,
ADAMS
AOV3*t- j
&
COMPANY
121
D e v o n s h i r e Street.
BOSTON.
BANKERS,
dolzman
T D
Bank.
**Na». Bank. Ban
aboeion Nat Bank. _
DEA LER 8 IN
Bonds mature D O N A L D
and #600 March 1 ^
IU iw r n n
C h r o n i c l e May . ° ° nHVER OO.
Nemaha County,
held May 2 4, 1 899, t J
'R O ' N T T Y C I
bonds was anthorizer' H U i N Ui:>)
given in t h e C h r o n i c i
. ••
&
BANKERS
B A N K E R S .
No. 1 N ua.au S treet. N e w Y o r k ,
L IS T S
BONDS.
Burr,
Blodget, M erritt
B O N D S .
DEALERS IN
MUNICIPAL, RAILROAD,
STREET RAILWAY & CORPORATION
Ohio............................. 4s
&
6 0 State Street, B o s to n .
State, Municipal, County, School
C o a ta rr B uilding, C L E V E L A N D , O H IO ,
&
Perry, Coffin
Leual Investments for Savings Banks In Now York
and all New England.
THE
1 *•*•
New York.
H I GH G R A D E
NEW YO R K ,
3 5 N assau S t.
L am precht B
-
State of Massachusetts.................... 3s
CHICAGO
I N V E S T M E N T BONDS,
Members o f Boston Stock E xchange.1
No.
7 Congress and 81 State
BOSTON.
Streets,
WE
DEAL
SOUTHERN
ANO
IN
WESTERN
S E C U R IT IE S .
ROSENBERGER & L IVE R M O R E,
(Specialists in Texas Investments),
FO R TY W A L L STREET, NEW Y O R K .
If you wish to buy or sell Municipal
or other Securities,please write or call.
S. A. KEAN, 132 La Salle St., Chicago.
H bonds. Securities are issued to fond $13,000 outstanding
city notes (due and past due) and to refund £2,000 bonds m a
turing June 21, 1899. The bonds will be dated June 20,1899,
and will mature June 30, 1911. Interest will be payable
June 20 and December 20 in Boston.
W estX ew t»D , f a .— Bond Offering.— Proposals will be re
ceived until 7 p. si. June 30, 1899, by John C. Adair, Bor
ough Clerk, for $16,413 18 4 ? bonds. Interest will be payable
semi annually. Principal will mature one bond yearly as
follows: $413 18 in 1904 and $1,000 from 19(5 to 1920 in
clusive.
Wharton (T exas) School D istrict .— Bond Award.— The
$8,000 67 20-year bonds reported as sold last week were
awarded to Denison, Prior & C o.. Cleveland, at lOt’ 75.
W h ite Clond, S U c h .- Bond Offering.— Proposals will be
received until 12 it. June 3, 1899, by L. A , Bracy, Village
Clerk, for $4,500 Sf electric-light bonds. Securities are in
denomination of $500, dated July 1, 1899. Interest will be
payable semi-annnally at the Fourth National Bank, Grand
Rapids, Mich.
Prir cipa! will mature $500 yearly on
August 1 frcm 1900 to 1908, inelosive. The successful bidder
will be required to furnish blank bonds.
W h ite P lains (T illa g e ), N. T .—Bond Offering. —Proposals
will be received until 8 p . m, June 5, 1899, by the Board of
Trustees, for $15,000 It paving bonds. Securities are issued
pursuant with Chapter 747, Laws of 1895. They are in de
nomination of $1,000. Interest will he payable semi-annu
ally, and the principal will mature #5,000 yearly on June 1
from 1926 to 1933, inclusive. A certified check for lOjf of the
face value o f bonds must accompany proposals.
Bond Sale,— On May 31. 1899. the $25,100 47 water bonds
were awarded to Allen, Sand & Co., New York, at 115-53,
Following are the bids:
terest will be payable annually at the office of the County
Treasurer. Principal will mature one bond yearly.
Yonkers, N. T .—Bond Offering. — Proposals will he re
ceived until 3 P. h , June 7, 1899, by Leslie Sutherland,
Mayor, for $200,000 47 tax-relief bonds. Securities are is
sued under provisions of Section 2, Title 4, of the Charter of
Yonkers. They will be dated June 15, 1899, and will m a
ture May 1, 1901.
S T A T E AND C IT Y D E B T C H AN G ES.
Arizona T errito ry .— Thos. W . Pemberton, Treasurer.
I n 1 891 a rra n g e m e n ts w e r e p e rfe cte d th ro u g h an a et o f C o n g re ss to
fu n d a ll th e T e r r ito r ia l, e o n n ty and m u n icip a l in d eb ted n ess o f th is
T e r r ito r y a t tir e p e r ce n t, a n d a s fa st as a n y p o r tio n o f th e d e b t
m a tu re s It w ill b o re p la ce d b y a liv e p e r ce n t loa n .
LOANS-— In te rest .— . ----------- P r in c ip a l. ---------- .
n a m e a n d PURPOSE.
P. Ol. P a y a b le. W hen D u e. Outstand'ff.
C a p ito l B u ild in g b o n d s ... 1898 5
S em l-an.
J u n o, 1 9 4 8 $ 1 0 0 ,0 0 0
S u b je c t to ca ll a fte r 1 91 8 .
F u n d in g B o n d s ............... . . 1 8 8 8
6
J a n . J an . 1 5 ,1 9 1 2
1 50 ,00 0
do
d o .....................1 89 2
5
J«fcJ J u ly 1 5 ,1 9 4 2 2 ,0 0 0 ,0 0 0
S u b je ct to ca ll a fte r J u ly 1 5 .1 9 1 2 .
....
J a n . 1 5 ,1 9 4 6
3 0 0 ,0 0 0
do
d o .............. . . 1 890 5
O ils B rid ge b o n d s ................18 8 5
8
M ay M ay 1 5 ,1 9 0 0
1 5 ,0 0 0
In san e A sy lu m b o n d s ....... 1 885
7
J a n . J u ly
1 ,1 9 0 5
S 2 .00 0
S u b je ct to ca ll J u ly 1 ,1 8 9 5 .
U n iversity b o n d s ..................1 8 8 7
7
J an . J an .
1 ,1 9 0 7
1 4 ,0 0 0
S u b jeot t o ca ll J u ly 1, 1897.
W agon ro a d a n d b r id g e . ..1 8 8 5
8
N ov. N o v . 1, 1 90 0
1 2 ,0 0 0
W o rld 's F a ir b e n d s ............1 89 2
5
J u ly J u ly 1, 1 9 1 3
3 0 ,0 0 0
I N T E R E S T Is p a y a b le in gold a t th e office o f th e T e rr ito ria l T rea su rer
and a t th e G u a ra n ty T ru st C o .. N e w Y o r k C ity .
TO TA L DEBT, E T C .— T h e t o ta l d e b t A p r . 1 ,1 8 9 9 , w a s $ 2 ,8 5 5 ,2 3 7 s
In clu d in g a flo a tin g d e b t o f $ 1 5 2 ,2 3 7 : d e d u c t a m o u n t o f c o u n t y , c it y
a n d s ch o o l d is trict In d eb ted n ess, $ 1 ,6 3 4 ,0 2 3 ; n et T e rr ito ria l d e b t,
$ 1 ,2 2 1 ,2 0 9 ; ca s h In g e n e ra l fu n d A p r il 1 ,1 8 9 9 . $ 8 2 ,7 5 5 .
TAX FREE.— The b ond s (-su ed b y A rizo n a a re e x e m p t fro m ta x a tio n .
ASSESSED VALUATION.—T h e T e r r ito r v 's a ssessed v a lu a tio n in
1 898 w as $ 3 1 ,4 7 3 ,3 5 9 ; in 1 997 It w a s $ 3 0 ,0 1 3 ,7 0 2 , a n d t a x ra te $ 7 -2 0 .
A ctu a l va lu e 1 89 6 (official e s tim a te ), e x c lu s iv e o f m in e s, w a s $ 0 4 ,0 0 0 .0 0 0 .
POPULATION OF TERRITORY.— P o p u la tio n o f A riz o n a has b e e n
ae follows In the Year* m e n t io n e d ;
1 896 (e »t.)—8 7 ,5 0 0 1 8 9 0 .5 9 ,6 2 0 1 8 8 0 .4 0 ,4 1 0 1 8 7 0 .9 ,6 5 8 1 8 6 0 .* 6 ,4 8 2
A0# o.S*4o*j 4 C o„ New Ykvrfc..... .m -5 3 ’ R. C. Jones A Co.. New York____114 07
E. FI. Osy A C o- New York
. .I D I 4 , W alter 3t*nL/>a At Co^ N ow Y o rk , 114*00
X. W. Hsrrl* 4 Co.. New York ,» 15‘ 15 W . J. Ha fen jt Bon*, Clevtdaua 1»3 00
Bertron 4 Storr*. » w York . . . . l l i ’411 fie o n c* i f . H ahn, S ow Y o rk ......H J -J O
Bonds mature $4,000 June 1, 1926, and $7,000 on June 1
from 1 927 to 1929.
For further description of bonds see
C h r o n i c l e May 20, 1 8 9 6 . p . 993.
W ykoff, M i n n .-B o n d S a l e . - On May 24, 1899, #7,000 5*
water works bonds were awarded to Kane <V Co.. Minneap
olis, at 103-928. Securities are in denomination o f $500; in
INVESTMENTS.
* T h is w as p o p u la tio n w h en A riz o n a w a s sim p ly a c o u n t y o f N ew
M ex ico.
MISCELLANEOUS
T R A N S M IS S IO N R O P E .
W h a n n & Schlesinger,
CORDAGE
D E A L E R * IN
i*
M U N I C IP A L and R A I L R O A D
S E C U R IT IE S .
71 B R O A D W A Y
.
NEW
YO RK.
Devitt, Tremble & Co.,
SPECIALTIES.
The American Man’f ’g Co,
67 W A L L S T R E E T )
B u ild in g ,
_________C H I C A G O . __________
M U N I C I P A L BONDS.
John Nuveen & Co.,
BANKERS,
1st N ational Bank B u ildin g, Chicago
Cwreaponeence scildtaU.
R eferen ce, P i n t R a tion a l B a n k . C hicago
F. R. FULTON & CO.,
M unicipal
171
LA
B onds,
SALLE
STREET,
1899
The United States Life
Insurance Co.
YORK.
•‘ A f t e r o n e r e a r fr o m t h e d a t e o f Inane, t b o
l i a b i l i t y o f t h e C o m p a n y u n d e r th in p o l i c y
•b a l l n o t h r d is p u t e d .”
D u r in g 1 MLS th e C o m p a n y m a d e m a t e r i a l
I n c r e a s e In in c o m e , a s s e t * a n d s a r p l n s i a n d
c a n th n a c la im a n u bn tan tln l g a i n In t h e
m o s t I m p o r t a n t e le m e n ts o l s a f e t y a n d p r o g re s * .
A ll D e a th C la im s p a id W I T H O U T D I S
CO U N T a s soon as s a tis fa c to r y p ro o fs h a v o
b een r e c e iv e d .
Active a n d S u ccessfu l A g en ts, w ish in g to r t p r tsent this C o m p a n y , m a y co m m u n ica te w ith
R IC H A R D S . O O O H R A X .fd V ice-P resid en t,
at the H om e Office, s t i B ro a d w a y , N ew Y ork .
THE
ornoiRg:
United States Government
G E O R G E H B C E F O B D ................. P r e s i d e n t
.Vice-President
GEOt O. W IL L IA M S..................
C. p. FKALKIU H ............................ 2d Vice-President
KTi U UU ) k r o o f R AH .............. 3d Vice-President
uses the W h itin g Papers.
leading
Railroads,
Banks,
So do the
Insurance
Companies and Mercantile Houses every
where.
If you are not using W hU infft
Linen Ledgers in your office write us lor
samples.
.
i.v ,
UGH
............
s e c re t-a ry
J. L. K K N W A V ............................... Assistant se c r e ta ry
W ILLIAM T. STAN DEN............................... Aci-uary
ARTH U R C. P E R K Y ............................
.....C ashier
JOHN P. MUNN................................. Medical Director
rtXANCS COMMITTBK !
GEO. G. W ILLIAM S..............Pres. Chem. Nat. Baifk
JO H N J .T U C K 8 K ..................................................B uilder
E. H. PEKKLNS, J u...P res, Imp. A Traders’ Nat. B k .
JAMKH H. PLUM .............................................L ea th er
For account books they are
especially recommended for the eyes by
WM. FRANKLIN H A L L
Accountant,
eminent oculists.
’ Tstate afreet? "
unequaled.
They are made in tints
W e will send yon
a pamphlet on the subject free,
W H IT IN Q PAPER COM PANY,
C H I C A G O . __ __
C A S H PAID FOR
I860.
e o n r ui n (h e f o l l o w In if c I r h r :
XEW
F Ir*t N a tio n a l R a n k
MISCELLANEOUS.
IN T U B C I T Y O F N E W Y O R K .
A ll P o l i c i e s n o w lo a n e d b y t h is C o m p a n y
s§ t »
11
; H AND
IA
IL
MUNICIPAL BONDS.
IN V E S T M E N T
1095
THE CHRONICLE.
JUNE 3. t899,J
H olyok e ,
and
150
D uane
K a n s a s .U a n lc lp a l H onda la d e f a u l t ,
W l o h l t a M o r tg a g e * * d e fa u lt o r n o t,
W le h lta o r S e d g w ic k C o. R e a l E sta te .
V nrrrlom r- Y l• rtfftgea, etc.
M
BOSTON, MASS,
took* audited. Examinations and invesrtigadone conducted with the utmost care
and efficiency.
a s s ..
St .,
N ew
Y ork
SECURE BANK VAULTS.
\
DEAN C O R D O N , Financial Broker
W IC H IT A ,
KASHAS.
C. R. G O O D E & CO.
H IG H -G R A D E
W ARRANTS
N e t t i n g f r o m 4 t o S(.
M U N IC IP A L
GENUINE
W E LD E D CHROME STEEL AND IRON
A BW A VS ON HAITI),
Send for onr Invest m eat Circular.
R ou nd and Flat Bars and 5-nJy P la te s and A n gle s
FO R S A F E S , V A U L T S . A c.
DUKE M. FA R SO N. Banker,
Municipal Bonds.
15 W A L L S T R E E T NEW YOR K.
BONDS.
Securities N etting from 3}£ to 6?
1 S ‘-I D earborn H ir e s l
C H ICA G O .
Cannct be Sawed, Cut, or drilled, and positively
Burglar P roof.
CHROME STEEL WORKS,
Kent Ave., Koap and H ooper Sts.,
Bole M anT ers in the U. 8. BROOKLYN,
N.
Y.
[V ol. LXVIIL
THE CHRONICLE.
109 3
In su ra n c e .
A N N O U N C E M E N T .
AGENCY
DEPARTMENT
New York Life Insurance Company,
JOHN A. McCALL,
-
P
r e s id e n t .
At the close of business to-day the amount of insurance in force
on our b x>ks is
$
1,0 0 0 ,168 , 8 0 3 .0 0 .
This includes only policies on which premiums have been col
lected, and does not include any business in process of completion.
The New York Life Insurance Company is the first company in
the world to reach
O ne T housand M illions
Insurance in force, and is, therefore, to-day the largest life insurance com
pany, in the world.
This announcement is made for the information of policy-holders
and the insuring public, as evidence of the Company’s prosperity and
success.
GEO. W. PERKINS,
2d Vice-President.
New York, May 23d, 1899.
@FedFRASER