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pnanrtal
ranid
Dinner
Supplement
Quotation
Street Railwaij5upplenient(^miXnnuai]/)
(Moniwy)
Investors Supplement (guaneriy)
ancrC% Supplement ^Annuaij^
State
[Entered aooordlng to Act of Oongresa, In the year 1900, by the
Wiluam B. Dajsa. OOKPurr, In the offloe of the Librarian of Oongress.]
SATURDAY, MARCH
VOL. 72
NO. 1864.
16, 1901.
1^««it
Oltaringt
1901.
PUBLISHED WEEKLY.
Term8 of Subscription— Payable in AdTanee:
$10 00
For One Year
For 81x Months
6 00
13 00
Enropean Subscription (Inoladlng postage)
750
European Bubaorlptlon Six Months (Including postage)
42148.
Annual Subscription In London (Including postage)
do.
do.
Allls.
BlxMos.
do.
Above subscription Includes—
Stbebt Railway Supplement
Thb Quotation Sdpplbmknt
STATE AND OiTT SUPPLEMENT
TH» INVB8TOE8' SUPPLEMENT
Terms ol Adyerti sing—(Per Inch Space.)
Transient matter
$4 20 Three Months (13 times).. $29 00
" ).. 50 00
Six Mentha
STANDINO BUSINESS OAKDS.
(26
" ).. 87 00
Tiro Months
(8 times).. 22 00 Twelve Months (52
|
enMng March
Boston
Providence
Hartford
1900.
Worcester
Portland
Fall River
Lowell
New Bedford
Holvoke
-»-19f
8.7B2.b0f-
1,328,718
B.
Chicago
Cincinnati
Detroit
Cleveland
MUwaakee
Columbus
Messrs. Edwabds <fe Smith, 1 Drapers' Gardens, E. O., will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.
WILLIAn
NewBng..
435-4
147,908,339
18,621,160
9.167,608
18,473,876
6.366.433
6,881,800
3 617,708
2,676,623
2,897.452
1,838,92»
1,199,163
906,884
361.480
800.888
640.838
884,000
401.072
860,000
810.120
810.889
170,640
476.028
DANA COmPANT,
Publlsbers,
Pine Street, Corner of Pearl Street,
Post Offiob Box 958.
NElir
Indianapolis
Peoria
Toledo
Orand Kaptds....
Dayton
Bvansville
Youngstown
YORK.
Springfield, 111...
Lexington
Akron
Kalamazoo
CLEARING HOUSE RETURNS.
Rockford
Springfield,
Ohio
Canton
The following table, made up by telegraph, etc., indicates Jacksonville, 111.
clearings of all the clearing houses of Oulncy
that the total bank
Bloumington.....
the United States for the week ending to-day, March 16, Ann Arbor
Tot. Mid. West'n.
have been $3,092,996,507, against $2,260,565,045 last week and
$1,663,014,946 the corresponding week last year.
San Francisco.
Salt
Clearings— Uetwrm by Telearaph.
Week Bniino March
1901.
16.
Rew York
tl,15S,788,186
114,493.940
71,101,900
19,096.849
t682,480,6S9
96,714,183
69.046,896
17,090.666
110.799.418
86.699,409
8,714,648
+H-7
»1,S1H.164,115
894.943.638
Philadelphia
Baltimore
|l,211,488,ee9
190.123,418
425-a
418-3
Chloa«to
lli:!,908,96S
Loals
New Orleani
St.
Seven
cities, 6 days.
cities, 6 days
Total
all cities, 6
days
The
all cities
418
4
43-0
41-9
428-4
439-6
11,743,107,738
849,888,769
for week.
$1,401,668,070
261,408.870
494-4
433-8
{8.092,996,607
All cities, 1 day
Total
4310
84,189,978
10.684.315
Boston
Other
P. Cent
1900.
$1,663,014,946
^3B-9
Lake
—12 7
-H3<
181.466.172
-t-18 7
145. 188.734
129.899,848
18.611,860
8.666,0$. 9
9,858,826
6,892.630
4,654,400
+u-h
3,685.94'<
434-^
133.874.430
14.203.900
7,604.164
9,119,784
6.248,960
4.294.000
2.218.787
1,085.871
1.663.178
1.280.68'
Sioux Falls
Total PacUio.
Kansas City
Minneapolis
Omaha
416-t
968.57il
4-81-1
—11-!)
881,889
411.277
417.80C
801,104
Paul
,
Joseph
Des Moines
DavenportSioux City.
St.
,
Louisville
We present below our usual
detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, March 9, and the results for the corresponding week in 1900, 1899 and 1898 are also given. Contrasted
with the week of 1900 the total for the whole country shows
a gain of 40*1 per cent. Outside of New York the increase
over 1900 is 14-7 per cent.
Clearings
Week ending March
at—
1001.
New York
Philadelphia
PittSbUFd
Baltimore
Buffalo
WashinKton
Albany
Rochester
Syracuse
Soranton
WilminKton
BlDKhamton
1,887.967.806
90.061.671
36.594,614
S3,092,H80
6.41fl.20B
2.Hl0,8i<2
9,78H.16«
1,0B0,B02
1,161.733
l,398,6!se
1900.
988,890.789
83,890,478
88,648,886
30,865,488
4.533,473
8.058.674
8,861,864
9.4i4.910
1.016,828
964.343
91P.219
t'90.685
415.600
366,800
rhester
808.890
997.278
WheellnK, W. Va..
628.798 Not Include
Total Middle
1.704.819.682 1.130.117.807
1901.
Cent.
1899.
1^.
Louis
Orleans
Galveston
Houston
Savannah
Richmond
Memphis.
Atlanta
Nashville.
Norfolk
Augusta
,
Knoxville
Fort Worth
,
Birmingham
Macon
Little Rock
,
Jacksonville
Total Southern..
1808.
Total
466-4 1.201,870 387
65,143.330
17.646.606
4,3011,477
4.013651
lW68,6h8
-1-19*4
-h26-4
+34
t
40
+llt
t>
i,cee,30i
+8*8
-18i
+23-t
+15 8
249.061;
484-t
-10-t
486-0
-8-8
—16-7
+88
86.497.518
11.600.350
6,514,661
6.868,891
4 270,666
3.928,400
2.272.604
1.871,057
2,768.446
986.808
007.097
640,279
879,948
663.878
359,768
364,300
368.439
344,493
316.177
805,367
116,000
-0%
666.367
461.000
388.662
446.280
895,330
116.881.887
it
-21-4
461
816 608
000,011
263.160
400 000
898,708
850.600
818.669
888.237
183 509
188,880
76,264
Not include
188,818,0^8
+15 2
184,769,718
141,648.888
19.371.936
1.968.699
1.936.338
2.210.197
2.085,665
1,111,938
981.747
616.000
296.819
153,788
+14*4
18040.604
1726.272
16 584,619
1.674 685
1.663.170
1,633.473
1.707,888
828,350
050.067
895,367
80,661.608
18118,978
98, le 8,601
4.903.859
4.890,668
4.057.063
8.894,066
1,693,641
1,460,431
1,363,601
In tot al.
+14 4
+13449-J-17 4
-6-6
+14
+26
8
8
+14-6
+88-4
+16-8
1.832,808
1,704,812
1.860,000
1.077.092
743.686
818.814
834,162
all
41-8.714
153.1801
188.787
S6.186.744
10.888,267
8.878.728
4.265.790;
4.228 818,
3.058.354
2 500.00C
1.676.412
841.6tt
1.081.875
714.461
483.361
188,615
101.379
9.679,341
6,992.894
3,978,817
4,115.617
3.871,801
1.661.884
1.308.34a
87,684.849
11.686,888
6.897,081
88.830 370
£6,890.818
88.991,595
10.470.247
7,445,973
2,888,100
2.643.057
8.889.786
9 347,190
8.550.183
1,601,101
1.169,308
896.863
I
1.010,4»ti
680.12.
690.452
693,178
232,633
160,000
969.788
Not nclude
62.695.684
46'073.802
86.760.540
si.osa.sat-
12,868.807
0.838.88U
4,014.600
4,818 463
8 648.376
8.890 661
8,873.360
8,038.024
1,864,788
1,336,744
1.686.80K
798,023
1,648.110
1.180.000
780.000
768.678
482,476
387.498
13839,767
0,302 846
7.846,782
8,180.460
B4.4PS.470
87.798 1761
810.710
163.972
6611,480
3 769.899
3 348 »7a
1.699.743
1.362.797
771.629
887.996
492.823
469.118
184 763
114.870
I
+17-1
8,032.827
8.487.000
4.070.178
6.076.714
3,488 673
3.763,120
1.844 4Htf
1,413,051
1,874,345
1,889.824
8,840,061
1.922.206
8,6e0.217
8.185 829
1.816 086
1.848.7*
1.040.477
919.193
569.00C
527.701
682,731
800,000
607,000
641.946
448.188
296.881
8.860,666,046 1,613.860.408
(-66.888
431.468
788 826
476 969
853.978
861.134
838.000
881,847
206.307
226 361
+7
6
(26,000
4^6 141
360.886
970 968
68.l'53,9*8
66.603 8r;a
-HO-1 1,836,700,492
732,-221.810
03,963 573
29.886.356
81.010.258
45V4-26 S
40 696,625
Colorado Springs..
Tot. other West.
Chattanooga
9.
4-17-f-
1
816.827,670
Wichita
Fremont.
Hastings
New
l.B22.3<b
8,276,502
1.200.444
1,161.061
908,362
489.886
646.467
426-f
893.01'8
6.88681'.^
Denver
St.
+142
1.167,539
15.741.478
8.9OO.700
Spokane
Tacoma.
Helena
Fargo
night.
101.830,194
4.829.1C0
2.4S4.370
1.486,069
1,405,844
1,857,630
1.446.753
017.048
989.088
496,058
6,877.000
2,888,058
1.678,062
1.748,069
1.509,089
1,497.381
887.802
733.646
386.880
360.000
86,680,021
Seattle
the week covered by the above will be
given next Saturday.
We cannot furnish them to-day,
clearings being made up by the clearing houses at noon on
Saturday, and hence in the above the last day of the week
has to be in all cases estimated, as we go to press Friday
187.579,0.-}8
1
190,641
360.000
403.261
8,861,941
8,208,059
8.309,039
8,S 89,660
1.060.429
1,103.081
664,385
889.607
Topeka
full details for
421
1898.
211,49»
City.
Portland
Los Angeles...
St.
1809.
-8i
186,078.818
SprlriRfleld
116.473 027
5,883.800
|
London Agents:
1901.
P. Cent
138.066.887
7,818.400
2,662.851
1.875.778
1.393.981
1,358,343
1,178,190
728,804
Bie.618
364.144
849.829
New Haven
Total
9.
at—
481
I
487-8
410
419
8
6
—6-6
416-0
-30-9
414-8
446-5
8,3««.575
8,100,000
18.4.S7
,-)78
8618.605
1.65d.b7e
1,036.-^81
I.O119
776
1743,038
-1-3
958,127
818.010
sse.ioo
940,000
460
9 1.371.347.709
841.066.140
42
8
418-1
9
In tot al.
("60.987
328.800
Outside N. York
798.697,830
680.899.781
16 168 871
13,140,371
18.058.644
8.145.911
8 665,378
1,778 911
+14-7
634 800,036
405.889.832
17 3T9 511
10277.317
14 6SS.8M
Canada—
Montreal
Toronto
Winnipeg
;...
Halifax
Hamilton
St. John
Victoria
Vancouver
Total Canada....
576.M4
888.790
734.492
677.174
780.942
S6.769.868
1
+83
440
1.803,787
1.858.581
421'0
+85-9
1.818068
0.098.041
1.496.708
1.149.700
815,334
591,08?
690 067
591.088
48 8
-8 8
+218
769.84V
677 676
881678
6S74M1
87.419600
+80-4
33.064,514
5
494-9
846 007
406 887
87.632.068
^
THE CHRONICLE.
504
Vol. LX2II.
accounts are concerned, the shareholders might have
been given a higher return last year or the year beAmong the leading incidents of the week have fore. Thus, for the twelve months ending June 30
been the proposal by the stockholders of the Pennsyl- 1900 the income statement showed a surplus of $2,vania Railroad to vote Tuesday, March 26, on the 107,383 over and above the 5 per cent dividend paid
proposition of the directors whether the stock of the on the common shares and the 7 per cent on the precompany shall be increased $100,000,000; the advance ferred shares and this, too, after a contribution out
in the dividend rate on Milwaukee & St. Paul com- of earnings of 81,550,000 on renewal account and
mon stock from a basis of 5 per cent per annum to $1,475,305 for new equipment. The amount of
6 per cent; the extension until April 1 1902 by the common stock is $47,148,600, so an additional
each of the anthracite coal companies of **the one per cent calls for only $471,486. In the previten per cent advance in wages and other con- ous fiscal year the surplus abDve the dividends
cessions " made
in
October 1900; the meeting was $2,977,174, after a contribution of $1,925,000
THE FINANCIAL SITUATION.
—
of
the
at
Hazleton, Pennsylvania, upon renewal account.
But the Milwaukee &
"United Mine Workers" to fix St. Paul is not only ably and skilfully administered,
wages, &c.; and the passage at Albany but it is managed with great conservatism. It was
coal
miners
representing the
rates
of
through the Assembly of two of the tax bills before the Legislature which had previously passed
the Senate, that is the bill taxing insurance companies and the bill taxing savings banks.
Besides these there have been various and persistent
rumors of further important changes and combinations in railroad
management and ownership, con.
tinned good reports of railroad earnings, also strength
in the breadstuj^s markets, the latter due in part to
the Government report showing smaller holdings in
farmers' hands than a year ago and in part to a belief
wheat crops in Europe this summer because
of the very severe weather and unusually low tempera,
ture for the winter reported from time to time on the
Continent and in Great Britain.
The action of the anthracite coal companies continuing to April 1 1902 the 10 per cent advance in
wages and other concessions made last October was
It was an extension fully
a very judicious step.
justified by the prospects of business before the companies and roads. Every indication points to the
in short
deemed better to retain these large surpluses rather
than pay them out in added returns to the shareholders.
The fact that a very moderate increase has
now been made must be accepted as evidence that the
regarded with unusual confidence. The
spring-wheat crop in the Northwest, as the reader
knows, was very seriously curtailed last season by
drought, and most persons had looked for a considerable falling off in earnings as the result.
We do not
know how the grain tonnage of the St. Paul has
been affected by this shortage, but Mr. James J.
Hill told our representative only this week that the
Great Northern Railway had lost 40 million bushels
in that way.
It is evidence of the great activity and
prosperity of trade that this shrinkage in the grain
tonnage is reflected scarcely at all in the revenue refuture
is
turns of the roads.
The
gross earnings of the St.
Paul for the period from July 1 to the end of the 1st
week of March actually show an increase of $234,612
over the corresponding period in the previous fiscal
year, notwithstanding the grain shortage; the net for
conclusion that all the corporations, both the carriers the seven months to January 31 (the latest period for
and the companies, have the promise of a highly pros- which these figures have yet been compiled) record
perous season. The only unsettled questions with a gain of $353,111. Evidently, therefore, the outreference to the activity of general business (on which ^ look is very bright, mak'ng the increase in the
of course, the consumption of coal depends) relate to dividend just announced both natural and inevitthe crops, which of course are not yet sufficiently able.
advanced to afford a basis for any intelligent opinion.
Another noteworthy increase in the production of
Reports with reference to winter wheat are not
wholly satisfactory, but encouraging. It is stated pig iron is shown in the blast furnace returns of the
fallen
this
week in the "Iron Age" issued the present month, and the iron
have
snows
that
Northwestern States, covering the plant in those sec- trade is manifestly in a state of great activity. There
tions and lessening the danger of damage from freez- are only 3 more active furnaces than at the beginning
A favor- of the previous month, but total capacity per week
ing and thawing, always a fear in March.
able circumstance as to price is that the foreign has been increased from 278,258 tons to 292,899 tons.
demand seems to be quite active now, and there is a The output is now close to the very highest figures
possibility that the European requirements will be ever recorded, the maximum having been reached on
rather more urgent the coming summer than the pre. February 1 of last year, when the production was
On the other hand this action by the 298,014 tons per week. There are, however, 48
vious season.
less furnaces now in operation than at that time.
coal companies has taken away all prospect of a strike
which no doubt the coal roads and companies would Since the 1st of November the output has grown
have had to face if the advance of last October in from 215,304 tons per week to 292,899 tons, being an
increase, it will be observed, at the rate of over four
wages, &c., had not been continued.
The present production is at
million tons per year.
The action of the directors of the Chicago Mil. the rate of 15 million tons per year. At the same
waukee & St. Paul Ry. Co. in increasing the dividend time furnace stocks of iron are steadily declining and
on the common stock from the basis of 5 per cent per March 1 were 535,443 tons, against 556,764 tons
annum to 6 per cent is chiefly interesting as showing February 1 and 670,531 tons last October. These
the favorable nature of the conditions in the section figures, the "Age" states, do not include the stocks of
The in- the steel works, which six months ago were very large
of country traversed by the company's lines.
accord with expectations. Of course it and now are practically wiped out. Our contempowas entirely a matter of policy whether the rate was rary says it seems almost impossible to understand
As far as the company's revenue where this enormous tonnage goes, and yet there is
to be enlarged or not
crease
is
in
.
Makch
to-day,
THE CHRONICLE.
16, 1901.]
it asserts,
of pig- iron.
an actual scarcity of certain grades reserve was reduced by $4,083,825, to $10,717,275, the
lowest since December 22 1900.
Money on
representing bankers' balances has
loaned at the Stock Exchange during the week at 2^
per cent and at 2 per cent, averaging 2^ per cent.
coal-carrying roads to tidewater,
The bituminous
&
Chesapeake &
like the Pennsylvania Railroad, the Baltimore
the Norfolk
& Western and
the
Ohio,
Ohio,
call
The market seems
have been well supplied, and
the preparations for the disbursement on Friday of
about $25,000,000 in dividends, including $20,000,000
on Standard Oil stock, seem to have had not the least
disturbing effect, and there were no indications on
Thursday of a calling of loans in anticipation of
these payments. Banks and trust companies have
loaned at 2^ per cent as the minimum. Loans were
quite uniformly made each day this week on the Exchange at 2^ per cent and at 2 per cent, with the bulk
of the business at 2^ per cent, and these were the
Time money has been in good
ruling rates on Friday.
moderate demand at 3 percent for sixty
supply with a
are getting not only an increased tonnage in coal as
the result of the great activity and prosperity of in
dustrial interests, but they are also getting materially
The two tohigher rates on this class of tonnage.
gether account for the exceptional increases in earnDuring the period
ings reported by these roads.
of depression soft-coal rates dropped lower and
the intensity of competition prevailing among the rival lines, and these rates finally
got so low that it is a question whether they were any
lower
505
under
to
compensatory. The revival of business, together with the establishment of a community of
ownership in the different lines, has made it possible
to place this branch of the transportation service on days, 31- per cent for ninety days and 3^@4 per cent for
a better basis again. On the 1st of April last year a four to six months on good mixed Stock Exchange colNow lateral. It may be noted that there is now scarcely any
substantial advance in rates was effected.
against
industrial
notices have been issued announcing a further ad- discrimination among lenders
10 cents to go into effect the 1st of the com- security and this is accepted in larger proportion than
vance of
ing month. As illustrations, we may note that from formerly. The supply of commercial paper is small,
the Clearfield region to New York the r^te last year partially because of the dulness in the dry goods
was moved up from 95 cents per ton to $1 30 and is trade. The demand, however, especially from the
now to be advanced to $1 40; and from Pocahontas to interior, is good, and offerings are promptly absorbed.
Norfolk, over the Norfolk & Western, the rate was One feature this week has been buying of paper by
increased last year from 92^ cents to $115 and. is some of the Southern banks, indicating an abundance
of unemployed funds in that section of the country.
now to be raised to $1 25.
Rates for paper are 3|@4 per cent for sixty to ninety
longer
day endorsed bills receivable, 4 and 4^ per cent for
prime and 5 per cent and above for good four to six
months single names.
There was no change in the official rate of discount
The tone
at any of the European centres last week.
of open market discounts was easy at the principal
cities, except Berlin, where there was a sharp advance
on Thursday. The striking feature of last week's
New York bank statement was a decrease of $4,230200 in cash, of which $2,814,400 consisted of specie.
This loss of specie by the banks was largely due to
absorptions by the Sub-Treasury for Customs and also
for internal
latter
was paid by
correspondents of
distilling
Much of the money for
those New York banks who
revenue.
centres
The Bank
rate of discount
3| per cent. The open market rate at Paris is 2^@2|
per cent and at Berlin and Frankfort it is 3^@4 per
the
cent.
Western banks were
are
According to our special cable from London
the
gain was due to the import of £31,000 (bought in the
open market) and receipts of £74,000 net from the
so heavy
excess of
New York
minimum
The cable report*
remains unchanged at 4 per cent.
discounts of sixty to ninety day bank bills in London
the amount of their bonds,
and they remitted the surplus through drafts upon
to be in
England's
Bank of England gained £105,143 bullion during
depositories at the large whiskey- the week and held £36,419,932 at the close of the
in the West.
The revenue collec- week. Our correspondent further advises us that the
tions deposited in these
as
of
interior of Great Britian.
At the
same
time payments by interior banks on account of
The foreign exchange market has been quiet though
the 5 per cent redemption fund, which payments firm this week.
The fluctuations have been within a
were made through their New York correspon- narrow range, and the market continues only moderdents, were also heavy, while Treasury disburse- ately supplied with bills, there being not much more
ments were less than usual.
This week internal rev- offering than are needed for ordinary counter buaienue transfers and payments on account of the re- ness. Bankers report some investment buying of long
demption fund have been smaller and disbursements sterling, but these transactions are accompanied by
by the Treasury have been somewhat greater than immediate sales of demand bills, deliverable sixty daya
they were last week.
The indications, therefore, hence, and through these turns in the market about
point to a diminished drain on account of Sub Treas- 3i per cent per annum is realized. There is also some
ury operations. There has been a fairly large move- selling of long sterling in anticipation of covering
ment of gold from San Francisco through the mail, later in the season, when the movement of grain is exwhich movement has been directly to the banks and pected to be large, and the proceeds of such sales of
should be reflected in the bank statement to be made sixty- day bills are readily loaned at 3} per cent, thui
public to-day. It is noteworthy that last week's re- enabling a small profit to be obtained through
duction in cash by the banks was the largest since the transaction.
About the only notable featDecember 8, when the loss, compared with the pre- ure of the week was a sharp rise in rate^
vious week, was $6,006,100. The loans of the banks on Thursday, due to a covering demand by broken
^
were increased last week by $4,580,200, to $918,789,- some of whom
recklessly sold exchange
had
600.
The deposits fell off $585,500 and the surplus for Saturday's steamer. The extremely small supply
their
correspondents.
'
.
.
.
THE CHRONICLE.
606
was soon exhausted and rates
promptly advanced. Bankers report a slight increase
in commercial drafts against cotton and grain, but
of
available
[Vol.
LXXn.
bills
LABOR LAW DECISIONS SHOULD CAUSE
NO SURPRISE.
Labor
taking too sensational a view of
The market continues quite sensitive to the changes the decisions of the Court of Appeals in this State in
in discounts in London, and it is suggested that the the ** prevailing rates of wages" case, and in the
tone may be somewhat influenced by the possi- matter of the law requiring all stone used on public
bility of more or less of a derangement in our works to be dressed in this State.
It is natural that
money market incident to the steel deal and to pend- there should be disappointment. But the excited
ing railroad and other bond negotiations.
The feelings and intemperate expressions are not in any
these
are mostly
bills
for near-by future delivery.
Assay Office paid $837,645 58 for domestic bullion.
Gold received at the Custom House, $6,704.
Nominal rates for exchange are 4 85@4 85^ for sixty
day and 4 88^ for sight. Rates for actual business opened
on Monday unchanged compared with those at the
close of last week at 4 84@4 84^ for long, 4 87i@
4 87i for short and 4 88@4 88^ for cables. The market was firm and it so continued thereafter. It was
narrow and not quotably changed until Thursday,
when, as above noted, there was an advance, and rates
were one- quarter of a cent higher all around at 4 84;^
@4 84| for long, 4 87i@4 &7f for short and 4 88i@
4 88^ for cables. The tone was steady on Friday.
The following shows daily posted rates for exchange
by some of the leading drawers.
FBI.,
Mar.
8.
MON.. Tinis.. Wbd.. Thttb., FBI.
Mar. 11, Mar. 12. Mar. 13. Mar. 14. Mar. 15.
4 85
B'o--B'o-
85
5
Magonn A Co..
Bank British
60 days.
(
BartiiK,
Sight...
86
85
85
88}<
85
88«
86H
88«
88»
8SH
88X
486
4 88«
85
85
88H
4 85
4 88«
em
86
llffi': 488«
88><
88H
mi
85
mi
circles are
degree warranted. These decisions establish no new
doctrine and are not wonderful or unexpected. Lawyers as a rule,
who had studied the
statutes referred
to,were as certain before the decisions were rendered,
as now, that they could not be depended upon before
our courts whenever the questions involved were properly raised.
We
ment
are not, however,
felt.
surprised at the disappoint-
Certain politicians and the leaders of the
labor classes concocted the original scheme several years
ago.
The plan had worked without disturbance so
long that belief in its perpetuity had become a settled
dogma in the creed of the unions. Pablic opposition
to the legislation did not assume any active shape, be-
terms limited to city contracts; very likely that was the dependence of the
knowing onesjwho had a part in preparing and passing
the law. Then, too, liberality towards labor in hours
and wages is a general inclination, especially where it
cause the device was by
somebody
its
where for other reasons it
Bank of
60 days. 4 8S
85
86
85
85
85
does not cost the fgiver any self-denial. A considerMontreal
Sight88«
88«
488H
88k;
88Hi
Canadian Bank
60 days, 48S
able body of our citizens have no real estate or taxa86
85
85
86
86
of Oommeroe.
Sight...
4 88«
88 J<
88«
88«
88J<
S8ii
ble property; another large body in business here are
Heldelbaoh, lok- 60 days, 486
85
85
86
85
85
elheimer & Co. \ Sight...
488
88
88
88
88^
88k|
non-residents.
Altogether from one or another of
486
60
85
85
86^
86«
Lanard Freres.
488
| ^^/^']
88
88
88
88^
88}t
these causes the arrangement has stood all these years
Merchants' Bk.
60 days
485
86
86
H6
85
85
of Canada
Sight...
4 88!<
e8X
88M
88V<
88«
S8H
unchallenged. But it was of such a character that it
The market closed at 4 84i@4 84^ for long, 4 87^ necessarily^could be only a temporary expedient. And
@4 87| for short and 4 88i@4 88^ for cables. yet, now that the inevitable has happened, certain
Commercial on banks 4 83|@4 84 and documents classes are trying to make out that this is a direct atfor
payment 4 83i@4 84i. Cotton for payment, tack on labor, that some great personal rights are in4 83i@4 83^, cotton for acceptance 4 83|@4 84 and volved, and are being disregarded by the courts.
grain for payment 4 84@4 84^.
All that kind of talk is merely sensational and
wholly without reason. What is it that has been
The following gives the week's movements of
decided ? To answer that question correctly, all one
money to and from the interior by New York banks.
needs is to see what thejpolitician attempted to enact.
Received hv
The original law reads that contractors on city work
Shipped by
Week Bndino Mar. 15, 1901,
Net Interior
N. T. Banks. N.T.Banks.
Movement,
must pay to all the men employed by them the '' preOnrrency
$5,467,000
95.189 000
Oaln. $828,000
vailing rate of wages," and the second that all the
Gtold
8,044,000
1,844.000
Gain.
800,000
contracts must be
Total gold and legal tenders
17,611.000
$6,983,000
Gain. (528.000 stone used in State and municipal
With the Sub-Treasury operations the result is as dressed in this State. Those requirements are in no
particular obscure.
There are two chief parties to
follows.
No. AmerloE,.
J
.
60 days.
\
Sight...
86
86
85
86
88«
mi
88«
88J<
is
else's labor; or
4
J
.
.
(
<
. .
(
Week Endlnt Mar. 16,
Banks.
Banks
interior
Out of
Banks.
$7,611,000
$6,938,000
18,900,000
21.300,000
$86,711,000
1901.
movement, as above
Sab-Treasury operations
Total gold and legal tenders
$28,883,000
The
following table Indicates the
in the principal European banks.
Net Change in
Bank Boldims.
Gain.
Loss.
$628,000
8,100,000
Loss. $2,672,000
amount of
bullion
man who
pays the money
and the other is the labor which does the work.
This relationship cannot be altered by bringing in a contractor; it still remains the same,
a transaction between the man who pays for
the job and the men who do the work on it. Some
every contract.
Into
One
is
are striving to get the
the
men
involved, or to get their
ideas in a kind of tangle over the equities of the, deMar.
Bank
Mar.
14, 1901.
15. 1900.
of
eoid.
Trance
Oermany
Bnssla
Ans.-Hung'y.
Spain
Italy
Netherlands..
Nat. Belg'm,.
BUver.
Total,
eoiA,
Silver,
Xotot.
s
BngUnd
*
*
s
*
S
36,419.932
36,419,932
95,012,848 43,758.746 188,771,593
29,659,000 15,279,000 44,038,000
74,116,000 6,979,000 81,095,000
88,832,000 10,544,000 49,426,000
14,008,000 16,435,000 30,437,000
15,348,000 1,867,800 17,215.300
5,067,600
2,993,000
5,767,200
1,496,000
10,814,800
4,488,000
by showing a difference in the situation now,
because the contracts outstanding have been entered
into before the decisions were made and hence the
cisions,
85,883,003
35,838,098
77,430,626 45,608,691 128,036,817
28.061,000 14,466,000 48,517,000
83,691,000 6,314,000 90,006,000
37,864.000 9.146,000 47,010,000
18,653,000 16,068,000 28.705,000
15,438,000 1,998.000 17,026,006
5,226,000 6,039,000 11,266,000
2,081.000 1,491,000
4,472,000
Tot.thls week SH.4S9.890 102116215 413,605,625, 800,178,724 99,698,691 399,869,415
Tot. prev. w'k 310,812,837 101865608 418.667,9391 298,766,159 99,280,972 307.997,18,
contractors in those cases
when making
their bid are
assumed to have included and hence are receiving on
their contract the higher cost for labor and stone the
laws allowed. That may or may not be so ; however
the condition in the particular stated happens to be,
such inequalities are merely an incident to the decision, not a part of it. We all know it was true, when
—
March
16,
THE CHRONICLE.
mi.]
the original law was passed six years ago, that many a
contractor lost heavily because the enactment caught
him without having made provision for the advance.
The
have nothing at
contractor's interests
all to
make but
a small lot of men in any city; they
come from the great body of the people, who have
small means and are trying by thrift to pay for the
they
Although these arguments have
and far weightier reason to support them than
could be urged for those laws that have been so re-
do houses they
with this decision his situation was^ ignored when
the law was passed, and his situation now, when the
laws are declared null and void, is wholly irrelevant to
the subject discussed.
Nor, again, does it make any difference in principle
whether a single individual pays for the job or a
million or more men furnish the money.
The contract between those who pay for the undertaiiing and
those who do the work continues the same in its legal
bearings.
Obviously, therefore, the situation is in no
degree changed because the party responsible for
the money is a city or State, or because the money is
obtained from the property owners byjmeans of city
or State taxation.
In other words, these laws would
have been no more or less defective and no more or less
unjust had they gone further and included individual
;
contracts.
They would have been more glaringly
unconstitutional and more quickly challenged, and
hence more speedily set aside by the courts. Other-
507
live in.
reason,
is probably not a wage- earner
but could see that a statute containing the
restrictions suggested would be subject to the objection that it was an improper interference with trade
affairs and trade unions, and that the contractor and
the workman could not under them make "contracts
mutually acceptable and beneficial."
What labor
would ask for, if placed in the circumstances sap-
cently set aside, there
in the land
posed, would be to oe let alone and allowed to have a
free market.
We
think we have in the above set out in a simple
manner all that these decisions mean, and have shown
that no other course was open to the court than to
declare the laws unconstitutional.
We hardly need
to add that to abuse the court, to propose to change
the Constitution, or to elect labor judges to take the
place of those who took part in the decisions, are ex-
wise the results would have been the same.
This is a tremely foolish suggestions. Such a policy and such
most important lesson for labor to keep in mind as the a movement could find no public favor and would
teaching of the experience had with relation to these only meet the humiliating and disastrous defeat they
enactments and decisions; labor cannot gain perma- would deserve.
nently by legislation any unfair advantage over the
taxpayers in a municipality; it cannot take away
rights of a city or State a bit more easily than it can STEAMSHIP LINES AS EXTENSIONS OF
deprive
individuals
action.
Politicians are often
icipal
of
rights or
their
liberty
very liberal with
mun-
funds, and free in their offers of legislation to
not at all whether their
large voting bodies, caring
can be made legally, their only intent being to
carry the next election. If the court sets aside any
such law the politician joins with labor in abusing the
court.
A good and safe rule when a man proposes to
give away something that does not belong to himself
to give, but entails loss upon somebody else, is not to
offers
trust the offer.
Liberality or charity that consists in
placing a burden on another
man's back is in very
many ways common enough now-a-days, but is under
no circumstances more frequently done than in affairs
relating to labor.
Those public speakers with a
glib tongue who berate a man because he has been
thrifty ard has laid up a few dollars are the men to
watch.
The
made thera unconbe better understood by
feature of these laws that
stitutional
may perhaps
changing their character in an important particular.
Suppose they had read, not that the contractor must
get his material and labor in the
in another restricted way.
that the law required the
•tone on any city or State
As
way
specified, but
for instance,
contractor
to
conceive
have
his
work dressed at quarries
where union and non-union labor was employed indiscriminately, and that for the work done the same
rule must prevail. The theory of such laws would be
that, as the work was for the city or State, as the
ofiicers were mere trustees of the people, and as the
people were as a rule of very moderate means, the
should seek to get the lowest price possible,
and that the provision suggested would be in that inoflBcers
RAILROAD SYSTEMS,
of
Keenly alive as the American public have always
been to the importance of every thing pertaining to
the development of the railroad systems of the country,
they seem nevertheless scarcely aware of the recent
remarkable extension of those systems by water lines
across the ocean.
Compilations published at frequent
intervals show the construction of railroad track, but
the not less significant efforts of the railroad companies to establish and maintain rapid and regula
freight communication with the leading foreign mar'
kets has received very little attention.
The Boston & Maine and the Baltimore & Ohio have
recently
announced the adoption
of
plans for the
establishment of steamship lines to Hamburg, the one
from Boston, the other from Philadelphia, each in
connection with its freight train service. Shortly
before, it transpired that the Union Pacific and
Southern Pacific jointly had arranged for the operation of a steamship lice to the Orient as an
adjunct of their systems.
A few weeks earlier
the Pacific Mail Steamship Company, operating
Central and South
steamers to Japan, China,
America and Mexico passed under the control of the
Southern Pacific Company,
About the same time
a joint agreement was entered into by the Chesapeake & Ohio, Norfolk & Western and Southern Railway companies, under which steamships
are carrying freight for those companies from
Norfolk and Newport News to various foreign
ports.
The Grand Trunk Railway Company of
Canada has also of ',late contracteJ with the Dominion Steamship Company for service from Portland, Me., to Liverpool, in addition to that from
Montreal.
These and other similar events are mani-
terest.
Besides, it must be remembered that by far
the larger number of persons in a State that own a festly something more than coincidences. They indilot,
especially those outside the very largest cit- cate a policy which, if not wholly new, is being
ies,
have it only in part paid for.
Moreover, adopted on a scale that promises the fullest developit is the truth that taxes do not come from the rich
ment of the country's foreign trade.
508
No
THE CHRONICLE.
inconsiderable portion of our coastwise and lake
known,
transportation has long been done, as is
in steamships owned or controlled by railroad companies, as for instance on the Atlantic Seaboard by
the Ocean Steamship Company, better known as the
Sayannah line, owned by the Central of Georgia Railway, also the Morgan line which, as an extension of
the Southern Pacific system, has carried from Texas
to New York a large share of the through trafi&c between the Atlantic and Pacific coasts; also the Holland line, which has now suspended operations, but
which, under traffic contract for several years, enabled
the Mobile & Ohio RR. to carry freight from St. Louis to
Mobile en route to New York. On the Great Lakes the
New York Central, the Erie, the LehighValley and other
companies have for many years had their freight or
freight and passenger lines, while the Great Northern
Railway for ten years past has been operating a fine
well
I
Vol. lxxii.
Canadian Pacific, will soon own its connections on
the Pacific as on the Great Lakes.
In August 1898 the Atchison made a contract with
the California & Oriental Steamship Company by
which it gained the advantage of a direct line from
its wharves at San Diego to Hong Kong via Honolulu
and Yokohama. The Northern Pacific for some time
past has enjoyed an outlet from Tacoma to Japan and
China through the Dodwell Line (the Northern
Pacific Steamship Company), and, as already said, the
Oregon & Oriental Line, recently established between
Portland, Oregon, and the Far East, forms an extension for the
Union
In addition to this last
the Union Pacific'has obtained through its purchase
of a predominating interest in the Southern Pacific
Company a controlling voice in the management of
the Pacific Mail Steamship Company. All the great
Western trunk lines, therefore, either own or are operfleet of steel steamships, carrying passengers only, ating in close connection with trans-Pacific steamships.
On the Atlantic Ocean, the Chesapeake & Ohio in
between its eastern terminus and points much further
east.
Within a few years also nearly all the steam- 1893 made the first successful attempt to own and
ship lines plying on Long Island Sound have| passed operate a foreign 'steamship line; the vessels of this
under the control of the New York New^ Haven & line are still running from Newport News to Liverpool,
with the'option of calling at other points. Recently
Hartford Railroad Company.
The movement on the part of the railroads to ac- this service having proved inadequate to cover the
quire exclusive ocean connections, which has recently entire foreign traffic offering to the road, an interestreceived such an impetus, is the natural sequence of ing arrangement was entered into jointly with the
the earlier coast and lake experiments, but as such it Southern Railway and the Norfolk & Western for a
could only promise fair reward after the country had contract with several shipping companies, by means of
obtained a strong foothold in the foreign markets. which the three railroads together are enabled to
The Pennsylvania Railroad Company tried the ven- possess what no one of them alone could profitably
ture of a European service many years ago, but the acquire, namely, direct steamship connection with
times were not ripe for it and it was' finally aban- Rotterdam, Antwerp, Glasgow, Belfast, Dublin, Londoned after considerable money had been lost in an don, Liverpool and Hamburg, so affording an importattempt to make it pay. In 1890-91^the Canadian ant stimulus to the export business of the three
Pacific organized and opened its so-called Empress systems.
line to China and Japan.
This line was subsidized,
As stated above, the Pennsylvania Railroad Comreceiving $300,000 annually from the Canadian Gov- pany did not prosper in the venture made by it in the
ernment for the operation of three vessels (since in- case of the old American Steamship Company, but it
creased to five), the undertaking being encouraged has for many years sustained intimate relations,
even more as a military safeguard uniting far- sepa- through a number of directors and officers in comrated portions of the British Empire than as a pro- mon, with the International Navigation Company
moter of trade, important as it has been in that direc- (operating the American and Red Star lines), which
tion.
Subsequently the same company opened a line has afforded it many of the advantages of a
to Australia and more recently a line to Alaska was private though not exclusive outlet to England and
purchased. The Empress line, however, furnished the Continent. Within the last two or three years
the pioneer "railroad- steamship" service on the the Reading Company has shown much enterprise in
Pacific.
It has chartered six large steamers to
this direction.
About four and a-half years ago Mr. Hill of the run to London, and has entered into contracts with
Oreat Northern Railway Company aHorded an instance of his usual foresight at a time when others
barely sensed the situation by entering into a contract
with the Royal Mail Steamship Company of Japan for
regular sailings from Seattle to Japan, there to connect with vessels for China. The success of this service and Mr. HilFs belief in the outlook for expanding shipments to the Orient are attested by the fact
that he is now expending nearly six millions of dollars in the construction of what he describes as "the
greatest freight- carrying steamships that have ever
been undertaken in the history of the world." The
title to these vessels will be vested in the Great
Northern Steamship Company, which was incorporated last August, and whose capital stock of
$6,000,000 will be owned by the railway company.
Two vessels are now under construction and more will
be built for the line later, including some of moderate size to run to the Hawaiian Islands.
The Great
Northern Railway Company, therefore, like the
four other lines to
phia, giving
Pacific.
sail
more
it
from
or less
wharves in Philadelfrequent communication
its
from the end of its own tracks to the following ports:
Bristol, Rotterdam, Amsterdam, Leith, Hamburg,
Glasgow and Manchester, the Manchester line having
been announced a week ago. The Baltimore & Ohio
Railroad
Company hopes
that
its
service to
Hamburg
begin two or three weeks hence; the operating
concern is to be the William W. Brauer Steamship
Company. Other new lines are: The Charleston
Transport Line, started in 1897 by the South Carolina
& Georgia (now of the Southern Railway system)
the Georgia Railroad (Louisville & Nashville), which
shortly after was operating twenty-three vessels to
European ports; the Dominion Steamship Company's
connection for the Grand Trunk Railway from Portland, Me., '.to England; and the Leyland Line with
will
its five years'
way
of
contract with the Great Northern Rail-
Canada
to England.
for a weekly grain service
from Quebec
March
THE CHRONICLE.
16, 19(1.]
Three different methods, examination shows, are
pursued by the railroad companies to secure the
establishment of steamship service, namely: First,
the railroads make contracts of some kind with a
shipping company under which the latter operates its vessels in connection with the railroad, pre-
sumably in some instances with a guaranty from the
railroad
company
to ensure
company
of a
minimum amount
of
charters vessels
and arranges
for their
through the medium of a steamship company which
it fully controls.
The first two methods may naturally precede the last, enabling the road to determine
whether or not it would be justified in the larger outlay involved in acquiring vessels of its own.
Many of
the ocean connections we have mentioned start from
ports of this country which theretofore have had no
steamship line to the port or ports
touched on the other side of the ocean. In other
cases, as those in which Philadelphia is the home
port, more or less competition is offered with existing service.
The establishment of steamship connections is
therefore attended with much of the uncertainty that
attaches to the building of an extension on land. If
the port to be reached is one with which no, or only
poor, connection has theretofore been had, the outregular
wholly problematical, and
can only be determined after the steamship line has
been in operation for a considerable time, for trade
Also, like the
flows slowly into new channels..
of
the experiment
--Stiamship Ccmvany.Stock.
Bonds.
Xam^.
Unjanizid.
Great Northern Ry.. Great Northern SS. Co..|6,000,C00
Auk. i'dOO
Canaaian Paclflc Ky.PatiHe SS. Co
(?)
•$3,504,000
IfcSO 'j1
..Canadian Pac. Nav. Co..
do
do
(?)
(?)
Purch. '01
Central of Georgia. .Ocean SS. Co
2,000,000
J.OOO.OCO
Abt. 18»0
Chegapeake & OhicChes. & Ohio 83. Co
a70e,332
bltO.OCO Aug. 1^93
do ..Coastwise SS. Co...
do
clCO.Ot'O
ce38,t-oo Purch. 'CO
Southern Pacific Co..PaciHc Mail t83. Co
Control purchased in Nov. 1600.
..MorKanLine
do
do
Owned by MorKan'eI.a.4Tei.BK.
.
*
Pledged as part security for debenture stock.! fa As per balance sheet of
are the flrst 5s guaranteed bylrailway company; tber»
& O. By Co. b These
are also second mortKage bonds not guaranteed.
Bailroads^with Steamships, or Steamship Connections, Oieratbd
Under Contract.
running the steamers can be ascertained only after examining their income account in
oE
Steamihip Company,
RoyalJaran Mail SS. Co
.Domlaion SS. Co
Do
...
.jCal. & Oriental S8. Co
Railroad Company.
Great Northern Ky
Grand Trunlc Ry
Oo
Atchison Tooeka k Santa
Fe,
Pennsylvania RIl
Union Pacific
Southern Paclflc Co
Baltimore
&
Ohio
i
Servict Begun.
Auf. 1866
Vtom Montreal i?)
From Portland U'Ol
Aug. 199S
International Navitjatlon Co
.
xOccldenal
1893
Or.ental 33. Co....
Jan. 1001
W. VV. Krauer Line to Hamburg.
Hamburg-American S3. Co
Mar. 1901
&,
(
RR
zBoston & Maine
Great Northern Ry. of Canada .Leylacd Line to England
xPhila. Trans-Atjantic Line....
Reading Company
Do
Do
Do
Do
1
Northern Pacific Ry.
i
Canadian Pacific Ry.
.
Southern Ry
ChesaDe»ko & Ohio Ry
Norfolk & Western Ry
{
Southern Railway
-,
(from Brunswick,
Ga.),
>
April 1893
f
(?)
U. S. Shipping Co.. etc.toHam-i
burg. Amsterdam, Rotterdam, Dublin, Antwerp, etc
)
'
)
1901
189S
Canada- Au'tralian Line
)
Nashville
do
Northern PaciBc SS. Co. or Dodwell liiue to Japan and China,
)
Southern Ry. and Louisville
&
.\pr1119Cl
Dec. 1900
1887
18S7
.Cosmopolitan Line to Rottcr'm.
.Allan Line to Glasgow
.Phlla. & -Manchester SS. Line...
Hamburg-American Line
is
railroad branch lines, the profitableness or unprofit-
ableness
Name.
C.
operation; and third, the railroad buys the steamships
come
Railroads Ownikg Ocean Steamship Ccmpanies.
Railroad Company. '
business
against serious loss; second, the railroad
itself
509
xCharlest'n Trans Line to ManChester, Liverpool & Bremen,
Dec. 1900
>
189T
f
X Mobile Trans- Atl'tic * Term.)
Co. to Liveroool and Bremen. (
K. D. M. Strachan & Co to Liver-
(7>
>
pool,
Manchester & Bremen...
(?)
J
X The railway companies themselves are interested in these line".
y The Atchison has aleo an arrangement for passerger business with the
Spreckles Line (Oceanic SS.Cc), which plies between San Francisco. Honolnla
New
Zealand and Australia.
traffic at its own docks In Boston with the Wilson Si
Furness, Allan and other lines, connection being had thus with London, Gla»gow, Liverpool, Avonmouth, Rotterdam. Hull and Copenhagen.
z Also interchanges
connection with the net earnings of the original
The steamship companies that operate directly
system from carrying the traffic which the new line from railroad docks are pretty numerous, and thia
has been the means of bringing to it. The steam- last table is not supposed to include them all. It
ships themselves
may show a constant deficit does show, however, the more recent and important
from operation, and yet be a source of gain accessions to the list. From time to time, as experithrough the additions resulting to the trunk line earn- ence proves the outlet of marked value, it may be exings.
On the other hand, in those cases in which the pected that the railroad companies will be disposed
water connection is made for the main purpose of more generally to take the greater step of acquiring
being independent of an already established outlet, vessels of their own. Some idea of the manner in
the railroad company may be supposed to have in hand which enterprising methods can expand a railroad's
a substantial business for its new line, and the profit export traffic when the times are propitious can be
looked for is naturally that to be derived through obtained by studying the following statement from
developing this business by reducing the time in the| last annual report of the Reading Company,
transit and the cost of carrying freight.
To be able (which was published in the Chronicle of Oct. IS
in a greater or less degree to control the time for 1900— see page 757.)
This statement shows the
the arrival and departure of vessels, to avoid the delay
due
to unnecessary lighterage,
and where possible
to
load and unload immediately from ship to car and
and reducing the termihandling, which constitute so im-
vice versa, so avoiding delay
nal charges for
portant a part of the cost of freight- traffic, these
are advantages of no small consequence, if a rail-
road company wishes to compete for foreign bound
freight.
growth of the business shipped'from Port Richmond,
whether to domestic or foreign ports, in several of
the leading items.
Tear endfdJunt so-
Merchandise-tons
2,000 lbs
Anthracite-tons 2.840 lbs
Bituminous coal-tODS
Many
said,
of
2,210 lbs.
1'9P-1800.
18f8-189P.
1897-1898.
189«-1S87
1,218.38017
f-C0,i:611
7-2.65900
40?,452 00
1.73P,231U l,180.2ni0 1,492,526-04 I,397,273l»
326,35014
783.S07-10
our railroad companies,
it
862.891-15
555,81»-1«
should also be
have terminals so situated that no special
effort
In the following tables we recapitulate some of the is required to gain all'the foreign connections desired.
leading ocean lines with which the railroads of the The Illinois Central for instance having, as shown in
United States and Canada are connected. The first our news columns to-day, extraordinary facilities at
table embraces those cases in which the railroad owns New Orleans for transshipment of freight to other
or controls a steamship company, which actually ports here and abroad.
One of the most recent deowns its vessels. The second table includes instances velopments is the announcement that the Xew York
in which the relation is merely a contract, the vessels New Ilaven & Hartford is proposing to bid for
being either chartered for the railroad or owned export freight.
The other lines converging at
and operated by an
pany.
entirely distinct steamship com-
Boston are said to be heavily loaded with freight of
this class.
.
.
THE CHKONICLF.
510
HECBIPTS OP FLOUR AND ORAIN FOR FOUR WEEKS ENDING
RAILROAD GROSS EARNINGS FOR
FEBRUARY.
MARCH
Since
the
November
month
AND SINCE JANUARY
1.
Wheat,
Com,
OaU,
Barley,
Rye.
(bblt.)
(bu.-h.)
(6u«h.)
ibuah.)
(bush.)
ibttsh.)
Oiicnin —
is
again growing.
industrial
election
interests
of February.
The statement covers
4 wks. Feb.. 1901
4 wks. Feb.. 1900
Since Jan.l, 1901
960,953
l,42il.24V
1.287,335
2,043,117
955.310
Since Jan.l,lK00
improvement
throughout the United States have been in a state of
renewed activity, so that the volume of general and
miscellaneous freight is larger than ever before ; at
the same time, owing to the prosperity of the people
and the fuller employment and increased remuneration of labor, travel is on a steadily-extending scale,
hence augmenting passenger earnings.
Furthermore, as a direct result of the concentration of
railroad interests through consolidation or the application of the principle of the community of ownership, rates are being well maintained and iu some
cases are also higher.
Weather conditions have been
propitious nearly everywhere, the winter continuing
mild, with no interruptions of consequence from snow.
Because of these various circumstances, even the roads
that have had to contend with a crop shortage as^a consequence of last season's diminished yield are able to
present very satisfactory comparisons, the losses from
the smaller crop movement being wholly or in part
off- set by gains in other traffic.
We present below our compilation of the gross earnings for the
2
FUmr.
Instead of a shrinkage in the gains in railroad gross
earnings (comparison being with such heavy totals
last year), the rate of
fVOL. LXXII,
'4,btO,atO
4,(t72HlO
2,520 928
iHlittniikee4 wks, Feb., 1901
127,500
651,000
196.20
U\«l.-
b0rf.40C'
l,18H,iO0
2,216,4
1.082,250
1.888.1(8
3,190.983
4,315,861
1F4.499
167,800
829,970
407,035
841,250
1.272,450
2.053,400
2,792.100
85.500
113,400
211,500
246,700
121,250
153,750
809,500
474.001
129,000
«a,450
1
4 wks. Feb., 1900
Since Jan.l. 1(101
Since Jan.l, 190u
4 wks. Feb.,
4 wks. Keb.,
Since Jan.l,
Since Jan.l,
8,400.038
7.618,166
20.176,7f<8 18.546.278
22,25d,5Sl 16,067,254
8.429,406
lU 89,057
2o».(i-r,
1,472,200
945 560
167,^00
1901
1,522,501
lo2,h95
9»0,79i
8i6.1«(
2,41*,90H
2,714,.316
lOOi'
11>|,006
1901
871.610
272.695
I90u
542,400
1
707,21)0
777. fOO
6tf8,4k'3
1,395.61)1/
R
1,S0P,78
2,0H3,8,6
916,40(1
5,794,r4,T
3.t<21,906
2,63H,620
2,481,680
256,452
186,0u0
576,413
429,000
78,750
32,5:00
Joltan4 wks. Feb.,
4 wks. Feb.,
Since Jan.l,
Since Jan.l,
Detroit 4 wks. Feb.,
101,48f
57.55"
106.0-
1,417,5>?7
2,6t'4,07l
679.121
3,268.78.1
134,70(
1901
4 wks. l^eb.. mOli
Since Jan.l, 1901
Since Jan.l, 1900
Clevelanii4 wks, Feb., 1901
4 wks. Feb., i»00
Since Jan.l. 1901
Since Jan.l, 1900
236.ie«
213,k09
1901
iwoo
ICOl
1! 00
292,a8:
4.847,678
1C9.104
416.201
4i6.U'5
985,865
22,10(
92.00(
108,600
23'<,483
636,171
129.458
489.885
26z,621
896,3.9
1,834,3«2
1,305,B88
3,040,170
2,209,408
502,477
1,612,29W
1,261,301
9»,90l
ll.UO
i-»,5'iii
266,650
2t9,464
49,001
23,000
113.159
132,9h6
> • • •
i<aO,l9H
Peoria—
4 wks. Feb., 1901
25,920
10,600
66,238
29,891
37,500
89.100
39,721
16.134
18,989
33 000
284,660
140,250
28.600
6,600
54,000
26,800
...
79I,10:-i
35,750
1,878,8C0
1.0C8.5(iO
4 wks. Feb., iwod
Since Jan.l, IStOl
Since Jan.l. 190O
32,201.
^7..ibi'
l,6B5,35l
220,851*
74,950
76,760
4.365,200
3,308,600
484,400
2,215,800
1,22S,70U
fUluth4 wks. Feb., 1901
4 wks. Feb., 190C
•
793.237
8.722,616
riinoe Jan.l, 1901
,
2,108,058
370.440
3,487,892
743,648
90,578
4.2L3
840,716
14,690
6 489
38,849
21,412
92,(138
18.827
20,075
41.598
48,187
1,129,89)
107,720
164,-60
275,810
395,660
20.030
40,626
51,040
81,176
Since Jan.l, 1900
Minn f opoiia—
4 wks. Feb., 1901
4 wks. Feb., l»ti0
Since Jan.l. 1901
3mceJan.l. 1901
Kansas Citv—
4 wks. Feb., 1901
102,431
*•
i.eoo
1,5-15,060
4,676,189
1,600
6,400,550
0,381,740
13,561.850
14,629,030
70,3:0
4 wks. Feb., 1900
Since Jan.l. 190;
Since Jan.l, 1900
2,182,450
«6l,6W0
1,714,800
718,051
4,164,-00
1,480,030
28,415
8,9t(4,800
53rt,»90
2,306,4 60
l,5B4,33i.'
1,381,460
1,004.250
1,254,250
2,074,250
2,133,260
500 450
414.100
376,400
sie.ouo
684,600
630,000
>•••••
7oto;of ai(4 wks. Feb.,
4 wks. Feb.,
Since Jan.l.
Since Jan.l.
1901
12.416,810
1,476,038
21,679.62.1 14,148,62'
412.126
2,431.00-'
190( 1.652.830 l.<,266,18;
22.827,340 ll,76l,6!i4 3,721,t'88
407,334
and shows an increase
190] 3,160.K7( 28,5=2,85C 47,944.79a 30,> 00,»<9] 6,449,006
886,846
iJ.mi.OiM 25.872,903 8,691,978
IHOC 3,3.1)4.280 26.376,300
953.638
of $3,701,749 or 7-50 per cent over February 1900.
Considering the movement at Chicago, the princiThis is not materially different from the ratio of increase for January, which was 7'94 per cent. The im- pal receiving port, by itself, the loss is seen to be
provement is the more noteworthy as it has occurred in much more extensive than for the ports as a whole.
the face of a contraction in the grain movement in the In that case we have the figures for the even month,
West and also a falling off in the cotton movement and find that the aggregate of the receipts at Chicago
in the South.
We need hardly say that the gains in was only 18,796,604 bushels in February 1901, against
earnings are cumulative that is, that they follow 22,580,323 bushels in February 1900 and 24,702 627
gains in February of last year. As a matter of fact the bushels in February 1899. The deliveries]of live hogs
increase in February 1900 was exceptionally large, at the same point, however, were larger than in either
amounting to $7,619,865, or almost 20 per cent, of the previous two years, being 865,860, against
though it is fair to say that the reason for this' excep- 794,847 in 1900 and 724,998 in 1899. The live stock
tional increase was that comparison was with the receipts as a whole amounted to 23,341 car loads
period of the blizzard in 1899.
In the following we against 21,796 car loads in 1900 and 20,054 car loads
for 1901 103,070 miles of road,
—
in 1899.
RECEIPTS AT CHICAGO DDRING FEBRUARY AND SINCE JANUARY
carry the comparisons iback to 1897.
MiUage.
Barninfis.
Year
Tear
Tea.:
Qivtn.
Ftbruary.
1897 (130 roads)
1898 (131 roads)
1399 (123 roads)
1900 (107 roads)
1801 (111 roads*
Veai
Precedtni.
Given.
Precediiuj.
Increase
or
Decreatt
Miles,
Miles.
96,0.'a
93.335
t
85.2IP,138
99.60
98,730
4t,l>^P,89
36,198,674 Inc. 4,998,219
98.5-7
95.465
3i),ir,9,76fl
89 562,336 Dec.
88.19*
9&.»r-4
4P,165.122
103.070
10P,097
53,037,797
ISO roads).
86.023
(130 roads).
99.611
(183 roads)
(lOa roads)
93,490
97,921
i
f
85,568,104 Dec.
t
81P.9(
40^,570
8-^,515.267 Inc. 7.64H,?65
49 336,048 Inc. 8,701,749
(110 roads).
We
1^3 013
W
73,965,f69 Dec. 2 780 f 30
98,586
71,224.3
84,3«v,5 5
95.4 2>j
83,6J9,015
7?,08fl,0>7 Inc.11,280,478
80/95,921 Inc. 2,'13<,124
95,661
»7,s;5S),OfeO
95.336
100
O-fO
112.365.270
1901
1900.
1899.
IIOI.
1900
1.
1899.
Wlieatbush.
Jan. \toF,b 28
1897
1898
1899
1900
ItOl
Since January
February.
1.
f?2.6M.857 /nc. 14.607,823
103.890,294 Inc. 8,474,976
have referred to the contraction in the grain
movement.
This is all the more significant as the
movement was not large last year.
The deliveries of
oats were heavier than at the corresponding date in
1900, but in the case of all the other leading cereals
there was a decrease.
Taking wheat, corn, oats,
1,361 904
947,610
1,8*3,876
3,«53,416
2,424,378
Corn... bush.
Oats... bush
8.118,630
12,140,419
19,252.828
21,226,241
8.118 8)3
7,448,926
13,316.306
8,2k0,0S9
4,748,339
27,284,ee7
17.72S,2rt7
15,415.265
16,261,390
Rye... bush.
151,037
151,510
811.120
380,735
707,631
Barley.bush.
1.063,200
l,8i'l,868
1,116.85?
4,104.861
2.699,302
Total grain
Flour ..bbls.
18,7! 6,604
22,6!r0,323
24,70?,62:
4?,551,46i.
£0,561,229
854,4^2
1,269,630
2,410,14(1
1,087,007
Pork....bb!s.
410
490
924
10
Cutm'ts.lbs.
11,S94,101
14.171.{25
4.4-3.156
4,110,757
865.^60
794 817
Lard
lbs
Live hogsNo
With reference
226,'
0.'
379,83
•
>•
12.919 91
3,9 8,793
724 9--
8,09«,3
4
4,23rt,800
1.8; 3
627
f51
25,570 383
11,373,519
1,742.470
to the cotton
31,212,530 88,921,203
9,52H,ia: 12,201,487
1.6T5.743
1,571,877
movement in the
At the Southern
South, the falling off was general.
outports the receipts were only 460,328 bales, against
733,212 bales in February last year. The shipments
overland were 151,894 bales, against 181,683 bales last
year and 170,907 bales the year before.
months, there are some pretty large
barley and rye together, the receipts at the Western increases in the earnings of the separate roads. Southprimary markets were 51,083,192 bushels in the four ern and Southwestern systems are particularly disweeks ending March 3 1901, against 51,974,543 bush- tinguished in that way. The large losses are not
els in the corresponding four weeks of 1900.
As will numerous. Out of the 111 roads reporting there are
be seen from the following statement in our usual 30 altogether that have fallen behind, but of these
form, the movement at the different points varied a only four show decreases amounting to or exceeding
great deal.
Of these four, three presumably suffered
$30,000.
As
in previous
.
March
.
.
Oleve.Oln.Chlo.A St.L.
»agli. Ohat. <fe St. Louie
$346,''00
Missouri Pacltto
& Ohio
& Texas...
314,569
Ohio. Mil. &Ht. Paul..
nilnols (.'entral
226,161
212,532
209,981
208,026
207,233
188,524
177,940
166,938
151,917
147,668
114,CO0
102.113
98,760
.
Pacittc
Norfolk 4 Western....
St. LoulB .Southwest...
liOUlsvilleA Nashville
St. Louis <fe San Fran..
Ohoo. Oklah. & Gulf..
Yazoo A Miss. Valley.
Kan. C. Ft. 8. & Mem.
Minn. A St. Louis
D luver A Ulo Grande.
Grand Trunk Sys
Tol. St. L. <fc Western.
Wabash..
41,078
1
11
Pere Marquette
Ala. N. O. & T. P. Sys.
Decreases.
Gt. Northern System.
77,000
76,145
71,312
61.339
54,764
Rio Grande Western
Minn,
P.
St.
$189,861
87,022
'^lKln Jol.
& 8. St. M.
Total (representing
eroads)
28(,613
25S.858
337,012
835,731!
3(11.848
£8.5.279
327,197
119,7r8
216465
202 72
8^0311
)
142,4.^4.
12-^.836
92,615
326,171
8».983
lb9 618
171,339
2,824,116
610,3f2
2,152,380;
2,1'- 3,398
488,892'
li6,'49
f414,284
183,247
120,6-iO
11S,.'^.S0
111.22?'!
164,803
132,106
l.'eO,367
l.'i«,l93
78,408
114.925
77.124
117.4:8;
H7,657
83y.l38
147.188
170,756
86,327
75,040,
204,721
133.409
137,1169
150.210
l«7 477i
106.870
209,073
95.505
49.439
C8.48-1
r08,712
82.683
143,888
83.844
44.324
460,520
270,646
139,010
164 916
107,786
832,557
lIockInK Valley...
Central t..
Pere Marquette...
Plttb'K * WeiT'r;.
$347,040
our usual series of tables showing the
earnings of the leading roads, arranged in groups,
1
563,779
238,771
152,343
Van. A T. H.
Tol. A Ohio Cent,
"ol. Peo. A West.
Tol. St. L. A West.
Wheel. A L. Krie.
16<,9!r5
1
148.808
55.959
107,478
i
I
!
48,89
.-,
68,605
218,262
313.140
322.'-2e;
07,176
4.854.''45
8.451.623 6.087.997
Total.
219,091
94,201
102,168
90,203
209,785
96,715
77,026
167.744
1.764.2k! 1,765,27-J
•f 4 23,52•H-25,224
175 4S8
46.177
4 219.638! 4,.S0e632
Louis Alton A Terre Haute for all the
years. TheChesapeake Ohio A Southwestern and Ohio Valley are included for
Results
190(J, 189W. 18',(8 and 1897, and ChicaKi.' A Texas for 1'.'(jO, 181*9 and 1898.
on Vazon Branch are not Included for 1900, 1H9M and 1898.
•(These tl(.'ures are simply the totals on the Chicago A West Michigan, Detroit Grand Rapids & Western and Flint A Pere Marquette.
Includes the operations of the
*
We annex
2,8 1 6,9
Hi. L.
33,557
I
424,257
892,0.'5.?
llliiioiR
So..
I
'
95 686
Kast.
A
1
126.002
Kvansv.ATerre H.
Clev. Can.
1
i8ce
1897.
112.104
AWheel-
A
1898.
125,a37
886.257
127,241
Arbor....
Bnfr.Uoch.A Pitts
O'hicaKO A East 111.
3t),600
.
t
t
Ann
Clev.Lor.
1899.
1900.
1901.
(.'hlc.Ind.A Loulsv.
Total (representing
35 roads)
$3,882,784
N.Y. Central
611
February.
37, -'3()
Sher. Shrevep. &So...
1
BARNING8 OF HIDDLB AND MIDDLB WESTERN ROAUti.
36,263
85,a47
34,W96
34.843
34,427
31,543
Mexican Central
Kan. O. Mem.& Birm..
79,08-1
Central of Georgia....
$48,<)44
Burl. Cert. Rap & No..
Chic. & Kast Illinois..
2ii6,205
Southern Railway....
Northoru PaoiUo
Chesapoake & Ohio.
KARNIKG8 IN FEBRUARY.
IncreaseM.
GROSS
PBINOIPAL 0HANOB8 IK
IiicreaHeB.
Texas &
1
THE CHRONICLE.
16, IPOl.]
because (f a smaller grain movement. The other,
the Rio Grande Western, has been adversely affected
by the strike of the coal miners in Colorado.
Baltimore
Mo. Kano.
7
..
St.
GROSS EARNINGS AND MILEAGE IN FEBRUARY.
back to 1896.
EA«NIN08 OF NORTHWBSTBRM AND NOBTH PACIFIC GBOOP.
Mileage.
OroBH EarninqH.
Febniary.
1901.
19C0
t
f
3^8,012
350,6^2
356.647
?08,8ei
i,«e6,oo(
1.9J4,087
1,763,.983
1.494,597
621643
451.037
415,585
MIL*
39i,40e
3,093,908
2,867,742
2,678,817
2,894,861
188,064
at.p.
Duluth S.S.&Atl.
Great Northern..
Iowa Central
MIon.&St. LouiR
187,789
134,826
tl.455,18;j
1.274.80f
1,021,727
170.70.
158,411'
148,847
128,794
167.331
260,267
284,880
Total
181,169
328,437
176,10ft
148,297
25S,508
135,169
148,376
228,443
243,687
835.077
8.4S3
9.1,195
•1,6-'8.918 *T,e06,64e
1,029,506
1,165,031
91.024
47,824
318,418
110.000
842,ro3
87.879
108,891
306,078
293 172
9.3'^5,3K1
8,707.716
7.285,1?2
7,810.664
121,862
IC 2,053
8t',172
11,257.03'! 10,9(1,626
bicludes proprietary lines in these years.
fn these years includes tne earniass of Spokane Kails
BARNINGS
Fehruary.
1901
Ol?
&
Northern.
1899.
1898.
$
1897.
t
1896.
{
I
Den.&RloOr.
758.100
681.100
583.848
568,716
435.968
514,483
Int.AGt.No..
K.C. F.S.AM..
342 2 If-
839.749
299,139
286.026
259.088
468,666
1,186,099
369,906
929,891
277,970
363,410
428,69r.
391,431
380.464
9i6 0E4
2,607,000
2,?61,C00
1,890,426
192,400
210 382
522,036
846,478
877,712
2,098 000 l,^6;^.8l9
20^,724
167,678
654.898
471,93b
461,868
266 589
Mo.P.&lr.Mf,
R. Gr. West
822,8,'!6
l.lO'J.'iOZ
S. Fr.
782,6«0
8^9,000
e05,022
8t.L. Southw.
616,8.30
449,694
:
faxasA Pao
918,686
730,141
5i6,ii90
652,373
532.826
526,744
7,942,4«8
6,695.506
5,642,617
e,l 11,882
6,373,97;:
6,442,726
St. L.
&
Total
t
87,111
151,011
4b3 470
419,119
A Henderson included for this year.
EARNINGS OF 80UTHBKN ORODF.
Galveston Houston
February.
1901.
1399.
1900.
Memphis
St.
Div.
)
131,601
4*7,878
1,096,02)
888.78J*
776,993
40^001
892,194
131,S23
822,39
1«6,81('
112.981
+482,70(
2,183,9>
+477,470
•609,320
Mash.Chat.ASt.L.
Norfolk 4 West..
Soutbern Ry...
163,6ie
589.0t(
668,242
1.210.81.
1,651,34(1
t
142,770
127.41b
474,980
495,"i03
776,70S
281,514
103,211-
1,56
•,82-
10?,429
620.(16
781,50H
26 655
90 932
(
1,616,671
331,529
8S9511
420,982
4ie.83S
773,4:0
876,388
759.491
897,904
C2,059,612
(
1,862.343
1670322 1494,918
\ 100,804
161,672
131,686
114,68*-
121,442
104,54!-
118,986
119.513
10,02-.!'.0^
Total
&
Peoria*
Jhlo.
St.L,
St. L.Cblc. & 8t.P.
;hlo. Term. Tr. RR.
Choc. Okla. & Gulfl.
)ln. N.O. ATex.Pao.
C^nn.Portsm'th & Va.
Uev.Cln.Ch.&St.L..
Peoria & Eastern ..
'lev. Lorain & Wheel.
(301. Sand. <te Hook'g..
Den v. <b Klo Grande..
Dul. So. Shore & Atl..
East St. L. & Caron..
iiltrln
&
Joliet
yvansv.
avansv.
East.
Indianap.
<&
&
Haute.
Find. Ft. W. & West.
<?l. Worth & Rio Gr..
•
T.
A Florida
Trunk of Can... )
Gr. Trunk West.. >
l>et.Gr.Hav.&M.)
t. No.— 8. P. M. & M
Montana
t
48rl,14)
\
9,097,612
7,117,844
7,402,988
e,698,»3e
6,716,8i 2
Louis Dlv...
\tlanta Knoxv.&No,
Atl. Valdosta<fe W...
Ba Timore <fe Ohio. ?
Bait.
O. So'wn. 5
Bellefonte Central..
:iutl. Rooh. <fe Pittsb
3url. Ced. R. &No...
Canadian Paoiflo. ..
Central of (ieorgla.
Chattan. Southern. .
'heHapeane & Ohio..
Galo. iftEast Illinois
18t6
817
«17,767
4(19
1,082,382
c2,76-<,295 c2,55H,314
1897.
613,390
321.161
137,732
1,764984
851,126
Central.,
aocklng Valley
+ Inclu.les MontKoinery Division for these years.
e Figures for 1901, 1900 and 1899 Include South Carolina & Georgia, Mobile A
BlrmlnKhara and 161 miles of Atlantic & Yadkin and Atlantic & Danville.
• Includes I'aducah & Memphis Division in both
years.
EARNINGS OF TRUNK LINES.
1901.
1900.
1899.
$
Bal.
8,516,683
..
1,912.361
f
1,777,36P
478, "72
527,729
465,005
f82,738
3,201,114
1,229,880
$
137,128
1,001,718
157.089
C 1,418,300
1,327,638
813.762
58.93S
881,458
62,381
f85.460
137,250
1.200,717
221,884
72,420
197,231
1.917.848 <
D.G.U.iM
Total.
1
l,86l,9-3
t
(
C.C.C.&StL
1.278,324
Peo.&East
210,161
Q.T.ofCan.
)
Gr.T.West ^ 1,983 493
N.Y.C.& H+
Wabash....
1897.
(
& Ohio
B.AO.S.W.
1898.
'
189».
t
1.533,<^06
481.427
970.718
139,4
1178,483
217,310
00,749
3820,609
4,010,870
3,275,916
3,379,717
3,876, 15.^
1,270,496
1,209,166
1,011,499
968,813
862,^ 6 J
3,177,037
926,270
12,0-8,688
ii,7e4,6ga
9,667,102
9,(66.834
8,9^8,809
8,719,5(8
Includes after July 1,1,898, the Beech Creek RK. and the Walikill Valley
after May 1, 189», the Fall Brook system.
BR. and
1900.
181,660
163,646
-fl8,014
310
310
163,925
78,200
80.249
127,241
36,007
20,390
160,054
74,513
56,264
+3,871
1961
+ 3,687
14;-
-f23.985
+ 1,904
+ 7,917
29'^
2281
+3,739
+314,569
118
196
143
18a
292
228
114
3,200
3,130
—690
27i
27
Decreaite.
125, .^37
3,113
392,033
388,012
28,090
16.651
3,201,114
3,803
386,257
350.68V
00
l,!>.i4,087
+ 10.913
62S.804
6,980
569,040
7,456
888,788
421,257
521,543
+54,764
3,515,683
1,965,-
1,096,021
460,5-0
515,185
270.646
3,0J3,903
108,288
102,863
312,000
402,001
23,697
1,27><,324
210.161
139.010
80,47.'i
758,100
166.064
+
5,776
+37,330
—4-6
+ 207,233
188
I
4721
472
1.291 1,171
7.467 7,001
1.680 1,540
105
105
1,558
1,476
+36.-263
72
285,279,
2,867,742
—6,358
-14.633
92E
546
711
929
546
+ 226,1-31
6,569
6,422
135,474!
—27,186
+ 11,000
292
107
632
336
292
102
563
336
91.863
198.0C0
•1-114,000
39 .',194
25,846
-2,149
111
111
1,229,3-0
197,231
+ 48 944
+ 12,! 30
1,891
1,838
352
192
27S
352
192
273
+ 3.807
148,60iS
—9,S98
78,844
681.100
187,79
+77,000
—21.735
1,675
1.673
589
389
+ 197
13
19:
+ 1,6.
+ao8
162
4 2.6:45
1J,403
156,95«
23,981
107,47?
8, 65
26,10
+ 16.693
95,706
101,399
—5,693
146
28£
13
197
146
168
82
146
285
1,993,493
1,917,34?
+76,145
4.042
4,042
1.387,479
171,441
181,588
— 4'il,073
—70,8,50
4.598
4.549
35;-
+31,901
+7,337
+212,5^2
304
262
346
342,218
1,453,329
219,514
149,687
325,170
2,634,415
339.749
j/252.600
V268.210
—15,610
55.'
199.826
170.707!
+ 29,119
510
-478
21
+ 10,615
172
97£
28t
12,600
164,91?)
21,583
107,786
7.(^60
1
=
332,.=)57
Central.a
Interuat'lA Gt. No..
fnterooeanic (Mex.)..
Iowa Central
Iron Railway
2,846,947
Kanawha & Mloh
Can.C. Ft. 8. AMem..
5.892
6,370
64,263
468,666
53,618'
C.Mera.&Bir..
City Northwest
LehlKhA Hud. River.
Los Anseles Term'l.
16(i.8l9
Illinois
. .
scan.
(Can.
Loulsv.Heud.ifeSt.L..
Loulsv. & NashviUe..
vfaoon & Birmlnjt'm.
Vlanistloue
vtexioan National..
vlexlcan Railway
Mexican Southern...
Yfinn.
A St.
Louis...
\Ilnn.8tP.A S.Ste.M
iCo. Kane. A Tex. svs
vio. Pao. A Iron Mt.
Central Branch
Mobile Jack. A K. G.
itoDlle&OhioJ
Mont. A Mex. Gulf...
Vash. Chat. A 8t. L.*
+ 8 957
—2,398
-50
14(
8i
Northern Pacltto
Ohio River
Pere Marquette
A
A
rtlo (Grande Bouth'n.
ttio
Wnsrern.
4t. Jos.
Gr. Island..
Grande
A
1.
Kennett
A
13,139
51,104
2,33.=i,89.T
10.0,^3
7,H81
56->.203
2/262, 90(
y51,740
260,257
294,880
l,186.09i
2,519,001
88.000
11,624
482,700
lOH,44i
+34.99t
8o
5,65.'^
I
9. 380;
1.333.36
575.287
i/50.594'
181, lo9
328,437
929,89
2,170.000
91,000
8,47t<
775
555
510
20
172
973
277
174
90
50
166
174
-1.08
+4.371
+8,612
+151.917
9(
50
16(1
3.176, 3,033
97'
97
-f4,39g
-1.J09
+35.347
—10.084
64
64
2,054
1.323! 1,266
2.14.'^
— 10,80(
321
+ 1,146
+79.088
—33 55:
+ 256.205
+ 349,' 00
26(
643
1
321
228
508
4.9.i!-
1,278
2,197
4,938
38f-
388
1,356
2.22i
—3,00(.
1
+ 3,145,
50
+5,J30
87'
101.548.
+ 4,892
+ 41,07-
50
876
390
i.ig.''
238,771
230,13S|
36,810
39.072
329.000
91,029
7 1.^0
1.370
3.998
,
477,470
IOd.302
I
I
2/273.700
84.022
519.352
86,127
103,726
+ l,4lt
8.7bSi
42,492,
2,183,978,
56S,242
4,010.370
292,40(>
f
+98.760
131,82
30,991
34,587
609,320
3,820,509
1,210,322
2,172.783
553,; 79
Pittsb. Bess.
L. E..
Pittsb.
Western. . )
Pittsb. CI.
Tol. >
Pittsb. Pa. A Fair.)
•^f
33,.'^02
2bl
34
4,265
77f
+ 2.4->9
369.^ Oti
9,^,352
N r.Cen.AHud.Rlv..
Vorfolk A Western...
A
32.407
1,368710
•tfexioan Central
Fehruary.
1901.
1900.
ir.
t
181,66
2,885,89
Vioksb. Shr.&Pac.
4nn Arijot
Eastern of Minn...
6?3,801
.
Vicbsb
<&
3». South.
1898.
t
t
Alabama Gt. So..
Cent, of GeorKia..
Oheeap.A ubio.
Oln.N.O. ATex.P.
Kan.C.Metn.&Bir.
LonlBV. & Nashv.
Mobile 4 Ohio..
Ala.
Ohlc. Great Western.
(/'hlc. Ind. & Louisv.
Ohlc. Mil. <k St. Paul.
800THWB8TBRN GEOUP.
1900.
t
Mo. K.* Tex
lahama Gt.South'n
Ua.N.O.&Tex.Pao.—
N. Orl.&No. East..
\
890,857
2,119,740 2.S05.680
199,82H
North 'ii Pacific.)
*1,984,757
*2,172783|
et.HHal&Dul.J
118,326
103,72f
St.Jo8.&Gr. Isl..
91,029
Wisconsin Cent'l.
343.818
356,89:;
*
351,238
1.325,266
Increase or
1901.
145,120
1,146.S18
tl.710,5(lfe tl,827,53(
M.St.P AS.8.M.
*
K
Ifnme of Road.
t
1,272.094
815.185
Cat.adlan Paciflc.
Ohio.Ot. West
1896.
1897.
I
310,301
Bnri.Cea.U.&No
Ohio.
1898.
1899.
1.032,3821
l,a64,767
390
1.195
2,829
+ 177,940, 1,556, 1.551
+ 208,026 6,5ti0l 5.167
224
224
+ 11,330
+ 34 4271 1,766| 1,766
—189,861
2,-29
,
+ 20,17.'>!
+8,6381
-2,262
—38.60
+ 12,697!
+ 4.230'
.;03
203
3521
352
616
180
636
31S
6S
68'
)
.
THE CHRONICLE.
512
Mileagt
SroMi JBamingM.
Same
of Road.
1901.
Louis & S. Fran..
St Lonis Soutliwes'n
St.
Van. & T. II...
Ban Fran, ife No. Pao.
Santa Fe Pree.A Phx.
8t. L.
8her. ehrev.A; fouth.
80. Car.
Ga. Ext...
80. Haven <fe Eastern
&
Bouthern Railway..
St. Louis Division.
T.Haute & rndlanap.
Haute <fe Peoria...
Texas Central
Texas <fe Pacific
T.
Tex. Sab.Val.
&N.W.
Tol. & Ohio Central.
Tol. Peoria * West'u.
Tol. St. L. AWest....
Toron.
Ham. ABufl.
Wabash
Wheel.
& Lake
Erie
Clev. Can. <fe 80.. j
Wisconsin Central..
Yazoo & Miss. Val...
TotaK 111
roads).
1900.
752.690
616,630
152.340
61.019
605,0?2
449,694
147,188
57.477
1/48,416
Increase 01
Decrease.
2/53,929
3;s,075
It 00.
1.697
1,258
1,402
X5b
l.'>8
16.^
174
227
165
224
155
182
37
6,414
374
80
174
21 >
1.541
1,529
$
67,718
26,037
2,809
2.768,295
151,672
1VJ0,941
42.836
47,90?
918,665
11, COO
163,98!S
87.557
204,721
KO,092
1.270,495
208,712
3.=^6,89i
526,997
21,717
2,461
2,558.314
131,685
131,555
38,357
29.012
730,141
9.500
170.756
85.327
133,409
+ 147,668
+ 166,936
+ 5. 15c
+3,542
-10,513
224
t-34.643
201
18i
+4
320
+348
37
+ 209,981
+ 19,987
6,434
- 10.614
+4,479
+18,896
+ 188,524
+ 1.500
-6,771
+2,230
+71,312
374
8(
1,2.^8
40
4C
371
371
24V
24S-
Treasury notes.
The average rate of in3-4655 per cent.
note circulation of the Imperial
Treasury amounting to M. 120.000.000 is also outstanding.
According to the budget of 1901 2, M. 86,310,000 are required
for interest, against M. 77,500,000 the year before. Notwithstanding this increase, the interest requirements form
only a A'er^ small part of the total Government disbursements, which are estimated at M. 2.240,9.50,000. The revenues are estimated at M. 2,137.190,000, the most important
items being the following: M. 810,330,000 duties and
indirect taxation (Verbrauchs.steuern), M. 114.020,000 documentary taxes, M. 420,160,000 surplus derived from post and
telegraph service, M. 93,670,000 surplus of earnings of Government railroads, M. 570,{^30,000 matricular contributions
of the Federal States. The amount not covered by regular
revenue is M. 103,750,000, and the Chancellor has made
application for authority to raise M. 97,360.000 against the
credit of the Government. Available are 32 millions old
credit and M. 152,770,000 authorized to cover the cost of the
East Asiatic expedition. It is quite natural that loans of the
Empire rest less on Government ownership of productive
property than on the responsibility which each one of the
4 per
terest
1901
451
88
2,32b
464
2.T.7.'i6
+ 4.336
1,209,156
+61,339
451
88
2,35^
209,073
343,918
424,884
—361
46.
+ 13,074
+ 102,113
950
950
1,047
1,00!
tn<tn-)i 10f097
53,037,797 49,336.048 +3,701.749 10307C tnr na^
Includes Paducah & Memphis Division In both years.
t Earnings are for railroad only.
t Montgomery Division included in both years.
a Peoria Decatur & Evansville included In 1901 but not In 1900.
y For three weeks only of the month In both years.
*
[Vol. LXXII.
cent
A
is
Federal States assumes towards the Empire. The Federal
contributions being per capita, more than half of them rest
on Prussia alone. The total of these Federal contributions,
all other revenues of the Empire disregarded, is about six
times the amount required by the Empire on account of its
national debt, but in point of fact the responsibility of
each of the Federal States for the indebtedness of the Empire is practically unlimited; any deficiency in the revenues
of the Empire must be made good by the Federal States.
CHARACTER OF GERMAN GOVERNMENT
KINGDOM OF PRUSSIA.
The indebtedness
of Prussia amounts, according to the
budget of 1901, to M.6,602.800,000. For interest requireAs the interest of our people in the securities of the ments, M. 232,040,000, for sinking fund requirements, M. 39,German Empire has increased materially of late, we 610,000, have been set aside. Total revenues estimated at
M. 2.649,010 000; regular expenditures, M.2,431,480,000; extrafurnish a translation of the following taken from the ordinary expenditures, M 217,530,000. The Prus,sian system
" Frankfurter Zeitung" of January 17 1901 (evening of railroads had a mileage of 30,832 kilometres (about 19.150
American miles) in the beginning of 1901. These railroads
edition). We hardly need to say that the "Frankfurter yielded net surplus over all expenses in 1897-98, M. 5)5. 160,Zeitung" is the leading authority in financial circles 000; in 1898-99, M..520,610.000, and in 1899-1900. M.546,610.(500,
for 1901 the surplus is estimated at M.563, 360,000. The
in Germany.
The facts it gives will consequently be capital representing the purchase money of the railroads is
useful to all who have already made investments or M.7,81 1, 000.000 (M.254,314 per kilometre of track). Therefore, it transpires that the railroads now owned by Prussia
contemplate doing so in the securities of the Govern- outright represent an actual investment in excess of Prussia's
national debt by M. 1,200,000,000 and that the surplus
ment, States or cities of the Empire.
earnings of these railroads were in 1899 more than double
THE SECURITY (UNDERLYING LOANS OF THE GERMAN tiie amount of intert st and sinking fund requirements of
EMPIRE AND THE FEDERAL STATES COMPRISING
the national debt. But Prussia owns not only railroads,
THE EMPIRE.
Translatedl from "Frankfurler Zeitung" by M. Wolff, Manager Bond but also other valuable property, such as coal and iron
mines, salt works, etc., and these seem to constitute a
Dep. Knaulh, Ncchod Kuhne, New lurlc.
The law governing Stock Exchange dealings rules, in Sec. very valuable asset. The budget for 1901 places the net
38, that: Loans of the German Empire and the Federal revenue produced by them at no less than M. 33,000,000.
States comprising the Empire may be admitted to dealings
KINGDOM OF BAVARIA.
on German Stock Exchanges even though the application
Bavaria's national debt on Sept. 30 1899 amounted tO'
for listing should be made without a detailed prcspectus. M. 1,460,170,000, viz.: M. 1,115,390,000 railroad loans. M.
Subscriptions for such loans are, as a rule, invited by sim- 203,770,000 general loans, M. 137,280.000 real estate annuity
ple publication of the terms on which they will be received, loans, M. 3.730,000, education annuity loans.
In March
but no details are given as to the security of the loans of- 1900 were added M. 42,000,000, and in January 1901 M. 100,fered. Of course those who subscribe know in a general 000,000, railroad loans, making a total indebtedness of apway the excellent character of the investment, but it seems proximately M. 1,600,(00,000. In the estimate of the lSOO-01
regrettable that the opportunity for giving the public at budget total requirements for the national debt figure as
large detailed information on the subject is allowed to pass M. 49,340,000, against which stands the surplus from Govunused.
ernment railroads with M. 46,510.000. The Bavarian RailMr. Von Miquel, Prussian Minister of Finance, in a re- road system extends over 5,700 kilometres (about 3,540 miles).
cent address gave a glowing illustration of the financial Besides, Bavaria owns considerable forests and agricultural
strength of the Kingdom of Prussia.
For years large estates, from which a surplus of M. 17,260,000 is expected.
amounts have been set aside regularly for the redemption of Altogether the revenues are placed at AI. 43^,920,000, against
the national debt, and for years revenues have increased which figure working expenses, M. 200,940,000, general exin a much larger proportion than expenditures. Moreover, penditures, M. 231,970,000.
the other German States, while their finances are not in
KINGDOM OF WURTEMBERG.
as prosperous a condition as those of Prussia, make an exceedingly gratifying exhibit of strength and progress. In
On April 1 1900 the Wurtemberg national debt stood at
fact, it can be safely stated that most of the German M. 482,730,000, viz.: M. 448.180,' 00 railroad debt. M. 34,States derive alone from the ownership of property (such 560,000 general debt.
Up to April 1 1901 an increase to
as railroads, fore.sts, agricultural estates, etc.,) a net revenue M. 498.000.000 is contemplated at an average rate of interest
sufficient to meet all their interest and sinking fund re
The preliminary budget for 1^00-1901
of 3-52 per cent.
quirements; and that the actual investment represented by places the total requirements for the national debt at M. 20,8uch property exceeds the entire national debt of the re- 600.000 (M. 17,770,000 for interest, M. 2,830.000 for sinking
spective State. Most of the States incurred by far the larg- fund operations). Total expenditures are: placed at M. 87,est part of their indebtedness through the acquisition of 990,000, total revenues at M. 88,120,000. Net revenues from
railroads and through extensionsand improvements thereon. Government railroads, M. 17,410,000; from forests, M. 9,900,These railroads have subsequently developed very favora- 000. Total revenue from propertj'^ owned b}' the Governbly and have proved an exceedingly profitable investment. ment, 31. 31.070,000, an amount largely in excess over naHowever, it should be remembered that it is only the gen- tional debt requirements. The system of Government raileral character of the underlying security which bears re- roads on April 1 1900 comprised 1,826 kilometres (1,134
semblance in each one of the German States. The sundry miles), the actual investment therein M. 571,1'''j0.000, i. e.,
Government loans which have recently been offered for M, 312,767 per kilometre. The purchase money originally
LOANS.
<£•
•
subscription are of course not absolutely paramount in underlying strength, and the following compilation of detailed
figures relating to the finances of the Empire and of several
of the Federal States will undoubtedly prove interesting.
GERMAN EMPIRE.
The consolidated debt
of the German Empire amounts, according to the statement of November 14 1900 to 2,378,500,000
marks, which were sold for an amount of 2,248,050,000 marks
net to the Imperial Treasury. Of these loans. M. 1,058,500,000
are 3 per cent, M. 1,240 millions 31^ per cent and M. 80,000,000
paid for the railroads
is,
therefore, considerably larger
than the present national debt. Since April 1 1900 the system,
of railroads has been increased to 1,879 kilometres.
GRAND DUCHY OF BADEN.
debt is entirely a railroad debt. It
1900 to M. 333,360.000. and has since been
increased by M. 28.000,000 in April 1900, and further by
M. 56,000,000 in January 1901; total indebtedness now
M. 415,000.000. Total amount of capital actually invested
in railroads was in 1899 M. 515,770,000; mileage, 1,599 kiloBaden's national
amounted Jan.
1
March
THE CHRONICLE.
16, 1901.]
metres (993 miles), i. e., M. 337,883 per kilometre. This mileage has since been increased to 1,660 kilometres. Interest
requirements for 1901, M. 14,500,000; sinking fund requirements, M. 5,920,000; total, M. 20,420,000. Against this stand
M. 14,510,000 net surplus of Government railroads, M 760,000, Baden's interest in the returns of the Main-Neckar
railroads. Baden's national debt requirements, therefore,
rest to some extent on the general revenues, but the reason
for this is apparent, viz.: Extensive sinking fund operations.
The preliminary estimates of the budget for 1900 placed revenues at M. 73,970,000, expenditures at M. 72,690,000; for
1901, revenues, M. 74,080,000; expenditures, M. 73,200,000.
To this are added extraordinary revenues in both years,
M. 1,570,000; extraordinary expenditures. M. 12,600.000; to
tal for both yens, M. 149,580,000 revenues, M. 158.500,000
expenditures
The deficiency of M. 8,9^0,000 is covered by
site of the residence of
513
Tryon, one of the British governors
of the province in the colonial period. The first President of
the bank was General Alexander ilcDou'^all, and one of the
members of the first board of directors was Alexander HamThe presilton, who took an active part in the organization.
ent President is Herbert L, Griggs, under whose administration the bank is making rapid progress.
—The
market for the negotiation
seem to be attracting increased offerings of such securities. The Bank of Montreal announced
on Wednesday that tenders would be received by it for
11,500,000 3}4 per cent forty-year bonds of the City of Monwithdrawing a proportionate amount from moneys now in treal, coupons of which bonds will be paid in London, in
sinking funds, where it must be restored in due course.
New York, or at the office of the City Treasurer in Montreal
GRAND DUCHY OP HE88EN.
F. J. Lisman & Co. offer at 101-60 about |3,7O0,O0O, part
Total indebtedness of Hessen M. 332,770,000. viz.: M, 288,- of a loan of 50,000,000 marks (|12,500,000) of the City of Dres770,000 railroad debt, M 24,270,000 general debt. M.19,720,000
Government annuities and National Credit Institution debt. den, Saxony, which bonds bear 4 per cent interest, and are
Total interest and sinking fund requirements M. 11,600,000, subject to call after 1910.
net revenue froin railroads placed at M 11,920,000. The HesSpeyer & Co. offer 15,0C0,000 marks, about $3,700,000, of
sian railroads are operated in conjunction with the Prussian
railroads; Heasen's part of the net revenue in 1899-1900 was
facilities offered in this
of international loans
•^34
per cent bonds ofjthe city of Frankfort-on-the-Main, Ger-
M. 10,400,000. In addition Hessen has an interest in the many, to which reference was made in this department last
Main-Neckar Railroad, from which a net revenue of week. The bonds are offered at 96 per cent and accrued inM. 910,000 is anticipated. Alone for the acquisition of the terest to the date of payment on March 21, and principal and
Hessen Ludwig Railroad Hessen made a loan in 1897 of interest are made payable either in Frankfort or at the office
M. 189,250,000; the Government owns, in addition, the Upper
of Speyer & Co. in this city.
Hessen railroads.
KINGDOM OF SAXONY.
—The new office building on the southwest corner of Wall
Saxony had on the first of January 1900 an indebtedness and William streets, which has been erected for the Atlantic
of M. 829,820,000, to which were added in May 1900 M. 51,500,000 and in January 1901 M. 60,000,000. The budget fOr Mulual Insurance Company, is about completed and will be
1900-01 estimates the revenue at M. 216,530,000, expenditures ready for occupancy within a week or two. This building
at M. 124,340,000, making an excess of revenues over expen- is eighteen stories in height and has a frontage on Wall
ditures of M. 92,200,000. Just about the latter amount is
Street of 58 feet and on William Street of 143 feet 5 inches.
required, however, by the "budget ^of deficiency accounts,"
the revenues in this budget being placed at M. 50,370,000, It is of absolutely fireproof construction throughout, all inexpenditures at M. 142,570,000. Interest and sinking fund terior wood-work having been fireproofed and all exterior
requirements, M. 35,250,000, are just about equal to thesur- wood-work covered with metal. The style is Renaissance,
plu.s revenue anticipated from the operation of the railroads,
the front of white granite on the three lower stories and of
which is placed at M. 35,680.000.
Total revenue yielded by Government property (including white brick and terra cotta above, with white marble window
railroads) is placed at M. 50,090,000. mileage of railroad sills. There are two entrances to the building, on 3 on Wall
owned by Saxony, 3,005 kilometres (about 1,866 miles), and Street and one on William Street, the Wall Street entrance
the amount of the original investment in railroads is M.86().being accentuated by two dorie columns. The walls and
830,000 (M.291,418 per kilometre). The actual purchase
floor of the main hallway on the ground floor, which runs
money of the railroads is, therefore, little less than the enthrough the centre of the building, are of marble, and the ceiltire national debt.
ing of ornamental plaster. All halls above the first floor have
FREE CITY OF HAMBURG.
Total indebtedness Jan. 1, 1900, M. 375, 520,000. In Octo- a white marble wainscot and floors of mosaic and marble
ber 1900 were added M.40,000,000. The budget for 1900 terrazzo. The stairways and elevator fronts are of bronze
places the debt requirement at M. 14,600, 000, revenues from
finish, and the stairs have marble treads.
The floars of all
property owned by Hamburg at M.21, 790,000; total revenues,
M.87,470,000; expenditures, M.89,780,000, besides M.26,900,000 offises on the upper floors are of artificial stone and of all
extraordinary expenditures covered by part of the aforesaid toilet rooms of tile. The bulding is furnished with a comloan of M.40,000,000.
plete electric light and steam heating plant. There is also
an ice water plant with marble drinking fountains on all
aXEMS ABOUT BANKS. BANKERS AND TRUST COS upper floors.
It may be of
—The sales of bank stocks this week aggregate 400 shares,
which 359 shares were sold at auction and 41 at the Stock
Exchange. The transactions in trust company stocks reach
a total of 119 shares. In addition to the above 100 shares of
North American Trust Co. stock were sold on Wednesday in
the " curb" market at 369. A sale of 10 shares of stock of
the Fourth National Bank was made at 206, an advance of
80 points from the price paid at the last previous sale, in
of
February.
Mharet.
Banks— ^Tetc York.
10 Ainorioan Exoh Nat. Bank
*41 Butchers' & Drov. Bank, Nat..
80 Coniinerce, Nat. Baak of
10 Fourth National Bank
151 Mechanics' Nat. Bank
Price.
240
92
315-320
206
229ifl
25 NassiU Bank
20 Oriental Bank
Banks -Brooklyn.
63 Manufacturers' Nat. Bank
200
190
Lait Previouf Bale.
1901— 248
Feb.
Feb.
1901— 96»fl
Mar 1901— 31514
Feb. 1901— 186
Mar. 1901— 2291a
Feb. 1901— 200
Feb. 1901— 19051
285
Nov. 1900- 275
Trust Companies—JV^. T.
10 Atlantic Trust Co
250
Mar. 1901- 250
5 Bowling Gieeu Trust Co
187
Mar. 1901 - 181 •'8
10 Colonial Trust Co
400
Mar. 1901- 4051a
16 Farmers' Loan & Trust Co
1.500
Feb. 1901- 1,48>
265i2-270
74 North Amtirioau Trust Co
Mar. 1901— 271
United States Trust Co
4
1,9^2
Feb. 1901-1,701
—The one hundred and seventeenth anniversary of the
organization of the Bank of New York occurred yesterday
(Friday),
and the stockholders and the customers of the bank
of the event in a circular which noted the
were reminded
condition of the institution as of yesterday's (Friday's) date.
15, 1784, and it is the oldest
institution in the city and State of New York, and for more
than a century it has occupied premises on the corner of
The bank was organized March
Wall and William
streets,
which,
it
may be
noted,
was the
which
interest to note that the site of this building,
the same as that of the old structure erected in
days the burial grounds
attached to the Reformed Dutch Church, the predecessor of
the Collegiate Reformed Church, which was situated on
Garden Street, now Exchange Place, near the corner of
Smith Street, now William Street. The Wall Street front of
is
1852, adjoined in the early colonial
the site some years prior to 1762 was owned by Anthony
Rutgers, who deeded it to John Thurman. He in 1762 deeded
it to another person of thfe same name who died in 1809, and
the title then passed into the possession of his son Ralph.
Subsequently the property was acquired by George D, Post,
who in 1851 transferred it to the Atlantic Mutual Insurance Company. In 1873 the Atlantic Mutual acquired
the property on the rear of its lot then owned by the Great
Western Insurance Company, and ma4e connection between
.he two properties, giving the former a frontage on William
Street extending to the Bank of the State of New York,
corner of Exchange Place.
Messrs. Clarke, Dodge
Company and the Phenix National Bank will occupy the two large offices on the ground
floor fronting on Wall Street, and the Atlantic Trast Company will use the banking room in the rear, with a separate
entrance on William Street. The A.lantic Safe Deposit Company is to occupy part of the basement. The Atlantic Mutual
Insurance Company will use the large front room on the
first fljor.
This room is about 80 feet long and is the full
width of the building. The room ia 25 feet high and is carried out in the Ionic order throughout. The wainssoting on
walls and all counters will be of marble, and a marble floor
&
THE CHRONiril.K
514
room to be used by the public.
of the floor space will be covered with inter-
in that part of the coauting'
The remainder
locking rubber tie. The partitions, counter screens, etc.,
will be of bronze and all desks of metal. Messrs. F. S. Smithere & Co. will occupy a room 29 feet by 73 feet 6 inches, fronting on William Street, on thii same floor. The upper floors and
also the pent house on roof are divided into offices. Messrs.
Clinton & Russell are the architects and the Thompson Starrett Company are the builders.
—
The ^tna National Bank of Hartford, Conn., is one of
the New England banks which have lately been greatly enlarging their business. In the return to the Comptroller of
the Currency under date of February 5 1901, the gross deposits appear at over four million dollars— in exact figures,
$4,023,528— whereas, in the return made under date of
December 13 the amount was only a little over two and onehalf million dollars, namely, $2,608,8C8. The market- value
of the shares has also been rising, and 185 is now bid for the
same as against only 145 two years ago. The officials of the
^tna National are: President, Alfred Spencer Jr.; VicePresident, A. R. Hillyer, and Cashier, W. D. Morgan.
—A
West Side
$200,000 and sur-
controlling interest in the stock of the
Bank, a State institution with a capital of
plus and undivided profits of $426,438, has been obtained by
the New York County National Bank, capital $200,000 and
surplus and undivided profits f397,119. The New York
County is located at the corner of Eighth Avenue and Four
teenth Street, while the West Side is on the same avenue and
Thirty- fourth Street. Both are thriving institutions, the first
named showing average deposits of $4,252,000, according to
last week's bank statement, while the West Side has average
deposits of $3,067,000, and both banks are members of the
New York Clearing House Association. The stock of the
New York County was last quoted at 1.500 bid and that of
the West Side at 390 bid. It is understood that the West
Side will continue under the management of C. F. Tietjen,
its President, and T. M. Bertine, its Cashier.
[Vol. LXIII.
been a corresponding increase in the market value of the
shares, which are now quoted at 250 bid and 275 asked, a&
against; only 190 bid and 210 asked in September 1898. The
Hibernian'^BankiDg Association Jis under the management of
J. V. Clarke, President; Henry B. Clarke, Firet Vice President; Louis B. Clarke, Second Vice-President; Himilton B.
Dox, Cashier.and John W. MacGaagh, Assistant Cashier.
—The
Trust
&
Savings Bank
is another Chicago
growth in its deposits and resources. Its report for February 25, 1901. shows a surplus
account, including undivided profits, of $4,135,102, as compared with $3,906,670 on December 14, 1900, the date of itslast previous statement. Its deposits have also increased from
$65,411,286 in December to $69,501,291 on February 25, and
aggregate resources have made an increase in the same time
of $4,318,437, the total being now $76,636,393.
Compared
with the figures for February last year still greater improvement is recorded, the surplus on that date having been only
$3,687,141, the deposits $56,971,745 and the total resources-
Illinois
institution exhibiting a steady
an increase in the resources in the
space of twelve months of very nearly thirteen million dollars.
A more elaborate statement concerning the bank may
be found in the Chronicle of May 12, 1900.
$68,658,889, exhibiting
—The
stockholders of the Brighton German Bank of Cinweek to increase the authorized capital
stock fromj$100,000 to $200,000. The present amount of paidin stock is $50,000 and a like amount of new stock will be
offered for subscription at about its present book value,^
$35,000 to stockholders and $25,000 to outsiders. The plan to
bring the amount paid in up to the full amount authorized is
to allow the surplus to accumulate until it equals the paid-in
capital, when a stock dividend will be declared, thus making
the stock full paid. The President of the bank is Max Mosler.
cinnati, O., voted last
—
The Wick Banking & Trust Company, of Cleveland,
which was founded in 1850 by Henry Wick, has been reorganized and its name changed to the City Trust Company.
It is reported that the capital stock, $250,000, will remain the
The stockholders of the Seventh National Bank on Tues- same for the present, but will probably be increased to $500,day voted to increase the capital from $300,OCO to $500,000. 000 before very long. The President of the new concern is
The increase will become effective on May 1.
W. H. Price; George J. Johnson is Vice-President; D. J.
The Century Realty Co. was incorporated under the laws Kurtz is Secretary, and Frank Kaz^l is Treasurer. Mr. Kuzel
of New Jersey on Saturday of last week with a capital of was cashier of.the Wick Banking & Trust Co.
$1,000,000. The incorporators are: Oakleigh Thorne, W. N.
The consolidation of the First National Bank of BirCheesebrough, E. C. Potter, B. A. Sands, H. B. HoUins, mingham and the Berney National Bank of the same place
Henry S. Black and K, K. McLaren, the majority of whom under the name of the former, particulars of which were
are identified with the North American Trust Co. of New given in our is?u3 of February 9, went into eff-^^ct last week.
York.
Mr. N. E. Barker, formerly President of the old First
Continuing our review of the Chicago banks we find that National, will continue as head of the new bank. Mr. W.
the Hibernian Banking Association is a State institution W. Crawford, who was cashier of the Berney National, has
which has been greatly extendi ag its business. The return be^n made Assistant Cashier of the First National.
for February 25 shows an increase in deposits, a3 compared
A meeting of the directors of the Fourth Street National
with the return for Dscembar 14, of $357,600. This increase Bank of Philadelphia was held last week at which Mr. B. M.
standing by itself might not possess much significance. Ic is Faires, formerly Assistant Cashier, was elected Second Vicethe steady, uninterrupted growth which has been goicg on f jr President. At the same time Mr. E. F. Shanbacker was proseveral years that gives added importance to the further ad- moted from the position of Assistant Cashier to that of
dition now disclosei. From tfce present and previous returns Cashier. Mr. W. Z. McLear hai been made Assistant
we have compiled the following ta')le, which will serve to Cashier. The President of the bank is Mr. Sidney F. Tyler
indicate at a glance the extent of this growth:
and the Vice-President R H. Rushton.
—
—
—
—
—
HtBERNrA.N BKG.
Undiv'd
Qrotfi
Aggregife
Ass'N, Chicago. Oapilal. profits.
Deposits.
Rciciurces.
Feb. 25 1901.... $i22,00 ) $327,035 $3,526,497 $9,07.5.534
Dec. 11 1900
222,000 3i0,718 8,16«,837 8,731,619
1 1900....
Oct.
222,000 345,552 7,767,404 8,334,959
July 2 1900.... 222,000 346.196 7,538.167 8.106,365
Apr. ?61900.... 222,000 318,808 7,294,306 7,835,118
Feb. 13 1900.... 222,000 315.677 7.083,634 7,621.313
Dec. 2 1^99.... 222,000 316,224 6,881,627 7,419,853
Sept 7 1899.... 222.000 290,959 6,607,817 7,120,779
222.000 302,629 6,385,992 6,910,623
June 30 1899
Dec. 12 1838.... 222,000 337,646 5,507,633 6.067,286
Sept 21 1898.... 222,000 325,889 5.047,331 5,595,221
220.000 339.073 4.791,113 5,352,1H9
June 271898
Apr.
61898.... 222,0C0 329,761 4,746,524 5,29S,'2S9
Jan. 10 1838.... 222.000 344,219 4.601,564 5,167,786
Oct 261897.... 222,000 344,515 4.354,704 4,921,223
Aug. 2 1897.... 222,000 334.438 4,054,646 4,611,085
May 111897.... 222,000 346,914 3,951,379 4,520,326
Feb. 13 1897.... 222,000 336,766 3,351,293 4,410,061
^Price.^
Sid. Ask.
250
2=0
250
250
250
250
250
250
200
203
i90
190
190
190
275
275
2(0
260
260
260
260
260
•
>-•
210
210
210
210
190 210
190 210
190 210
....
from the foregoiag that the g ross
compare with a total of 3nly $3.
851,293 at the corresponding date in 1897. Aggregate resources are over $9,000,000, as against less than four and a
half million dollars at the earlier date named. There has
It
will be observed
deposits
now at
$8,526,497
—A new trust company has been organized in Cleveland to
known
b?
as the People's Trust
Company.
The
institution
next with a capital of $5C0,Among those interested in its organization are the
000.
Hon. A. W. Lamson, C. F, Emery, Charles W. Whitmarsh,
William^.O. Mathews, Herbert Mathews, George J. Bailey,
will begin business
about July
1
Henry Dreher and George F. Scofield.
An.increase from $500,000 to $2,000,000 will be made in
tbe 8tock*of the Colonial National Bank of Cleveland. The
iraik has been injexistence since 1893, and the business done
by^it inSthese few years, the officials believe, has been such
as to warrant the increase. Additional banking room is also
The President of the bank is Henry C.
to begacquired.
Christy, who is^also President of the Union Bank & Savings
Company of Cleveland; Vice President, Henry A. Hawgood; Cashier, John F. Harper, and Assistant Cashier,
George A. Caulton.
The directors of the Central National Bank of Boston
have appointed Mr. James H. Crocker Assistant Cashier of
Mr. O is H. Lake is the President and
the institution.
W.
L.
Prior,
—
—
Mr.
J.
Adams Brown
the Cashier.
March
THE CHKONICLE.
16, 1901.J
Habliston, Vice-President of the National
Bank of Virginia, in Richmond, has prepared a statement,
which is printed in the Richmond Dispatch, showing the
growth of the financial institutions of that city. It appears
—Mr. W. M.
that the total deposits of the Richmond banks in February
1901 were $16,480,753, against only $15,253,471 in February
and but $10,755,517 in February 1898.
—The sixty-fifth annual report of the Bank of British
North America has just been published. Oat of the profits
last year
for the half year a dividend of thirty shillings per £50 share,
being at the annual rate of six per cent, has been declared
payable in April and £25,OO0>dded to the reserve fund. The
bank's capital and suplns is now £1,350,000. Deposits on 3 let
December 1900 were £3,124,633, against £2,908,000 at the end
of 1899 and £2,583,000 in 1898,
meeting of the stockholders of the Savings &
Trusc Company of Cleveland has been called for April 10, at
which time the question of increasing the stock from
$750,000 to $1,500,000 will be considered. It is reported. that
the stock is to be issued at 200, thus addicg $750,000 to surplus and raising the total of surplus and undivided profits to
A special
about $1,150,000.
—The
additional $1,000,000 stock of the Continental Na-
which was voted upon last August
by the stockholders, and to which we referred on December
8 last, will be issued on April 6, and payment will be made on
April 8. The new stock will be issued at par to the old share-
tional
Bank
holders.
of Chicago,
After this increase the capital will be $3,000,000.
— On account of
John Hill Eaken has resigned as Cashier of the Union Bank & Trust Company of
Nashville, Tenn. Mr. Watkins Crockett, who in his ten years
ill
health, Mr.
connection with the institution has held the positions of
bookkeeper and paying teller, is Mr. Eakin's successor. The
President is Mr. Edgar Jones, and the Vice-President, Mr.
A. H. Robinson,
515
lasted ever since the autumn of 1895 is drawing
to a close, and that we are entering upon a period of better
international relations.
In France the belief is equally strong in the maintenance
of general peace, while at home the agitation arou-ed by the
Dreyfus case has come to an end. Tdere is, therefore, a general revival of co::fidence, and in addition there is an immense accumulation of unemployed money. During the past
twelve months the gold in the Bank of France has increased
by over 95 million dollars; and there is a great aagmentition,
Everywhere,
likewise, in the deposits of the leading banks.
in fact, there is evidence of an immense accumulation of
money; and the best believers are convincfd that we are
about to see an outburst of new enterprise. French capitalists have for some time past been buying Brazilian and
Argentine securities upon a very coasiderable scale here in
London. They have also been buying gold shares to a smaller
extent. Dariog the present week their purchases of gold
shares have considerably increased; also the purchases of
German investors have increased this week. The apprehensions excited by the recent crisis are abating. The money
market is becoming easy, and people are once mora beginning
to invest upon a large scale.
Even in Austria- Hungary, in spite of the quarrels of the
There is a still
nationalities, there is some improvement.
greater improvement in Italy; and matters are looking somewhat better in Spain likewise. The agitation attending the
recent marriage of the Princess of the Asturias seems to ba dying out. Gen. Weyler has supported the Government; and he
apparently has the full confidence of the army, and therefore it seems as if order would be maintained. Moreover,
the Cabinet, which was too clerical and too military, has resigned, and although it is probable that its successor will also
be conservative, it is hoped that it will not be military, and
that it will be much less clerical.
Much surprise was excited by a rather threatening speech
in the French Senate addressed to the Portuguese Government by the French Finance Minister. M. Dalcasse is a man
of great prudence and judgment, who has conlucted the
affairs of France with admirable temper and success; and it
gave a shock to most people when he suddenly declared that
France had means of making herself heard, and that he
would not hesitate to use those means if requisite. It is t>elieved, however, that he will confine his action to diplomatic
pressure, The Portuguese Government in 1893 cut down th^
interest upon its foreign debt to one-third ot what it had
which has
board of directors of the Girard National Bank of promised. About two years ago the then Portui^uese Cabinet
Philadelphia have fixed the subscription price of the new entered into negotiations with the foreign bondholders and
stock to be voted on at the special meeting on April 2 at $200, it arrived at an agreement with the bondholders in London,
—The
j
the shares to be $100.
—The
St.
Louis Trust
Company
of St. Louis, Mo.,
is
to
have a capital of $3,000,000, the vote on that question at the
recent special meeting having been unanimous. As stated in
our issue of January 5, the new stock ($500,000) will be sold
at $250 a share, yielding $l,25O,CO0. Of this, $750,000 will be
added to the surplus and the remaining $500,COO to the present capital of $2,500,000. The board of directors has also
been increased from fifteen to twenty-two members.
[From oar own oorrespondent.]
London, Saturday, March 2, 1901.
has been a general improvement upon the Stock
There
British Grovernment
Exchange this week, most marked
securities, and generally in what are known here as highclass investment stocks, and in South African gold shares.
There has not been a very great increase of business; but
there is a much more hopeful feeling, and there is a general
advance in prices. The disposition is to believe that the war
in South Atrica will be ended in a very few weeks now. Indeed, on Thursday a rumor circulated through the city that
Gen. Botha had surrendered, and it was confidently assumed
that that meant the practical pacification of the two Beer
When the war ends those employed in the mining
States.
industry will return to the Randt. Mining will be resumed
Gold will again after a while be shipped
in a few months.
to London in the old amounts; and it is hoped, therefore,
that great relief will be givt-n to the money market. Moreover, the Chancellor of the Exchequer's constant borrowing
will come to an end, and that will be an immense advantai^e
to all the markets.
The negotiations in China drag. Still the impression
gains ground that the troubles in Chic a also are nearing
their end; and perhaps not less influential is the action of
Russia in the Balkan Peninsula. Every spring there are
reports of an intended outbreak in Macedonia. This spring
the reports have apparently been so well founded that thd
Russian Government, co- operating with the Austro-Hungar
ian Government, is putting pressure not only on the Macedonian leaders but also on Bulgaria to prevent an outbreak.
Over and above all this, the cordiality that exists between
King Edward and the German Emperor gives further assurance of the maintenance of peace. Everybody is now
hoping, therefore, that the period of political apprehension
m
according to which the rate of interest would be raised
gradually in the course of some years from one-third to twothirds of what had been originally promised. Tne negotiations were not successful either in France or in Germany,
and the Portuguese Cabinet was defeated in the Cort^es and
had to resign. The present Cabinet is unwiliing to renew
the negotiations, and the general belief is that M. Delcasse
spoke with the object of compelliog it to renew them.
The Imperial Bink of Germany on Tuesday reduced its
rate of discount Irom 5 per cent, at which it had stood since
July, to 43^ per cent, and the Austro- Hungarian Bank has
since followed by reducing its rate from 4J^ per cent to 4 per
cent. The German rate would probably have been put down
fo 4 per cent were it not 'hat the Berlin exchange both upon
Paris and upon London is very much against Germany, and
evidently the Governor of the Bank is afraid that gold may
be taken away. A very large amount of capital has been
employed by French, American, British and other banks in
G.-rmany during the past few years; and although the sums
have been reduced of late, still a good deal remains; and it is
evident that if rates were allowed to fall off very much it
would no longer be profitable to employ the money in Germany, and it would therefore be transferred either to London or Paris, or to New York. To guard against this, the
Imperial Bank is keeping up its rate to 4^^ per cent. In the
open markf tin Berlin there is a fairly good demand this week
for money because of the settlement at the end of the month,
but next week it will in all reasonable probability become
cheap once more, and it will tend to become cheaper every
week.
Here in London the Bank of England keeps its rate at 4
per cent, and probably will continue to do so; for foreign
institutions, and especially the French banks, are employing
very large amounts here at present, and if rates were reduced gold no doubt would be taken away. The Bank of
Ecgland for the time being has complete control of the market and will retain it probably till the end of the month. No
dcubt the Government expenditure will be on a very large
scale during the month; for our financial year ends on the
day of March, and all moneys due from the Government
and voted by Parliament must be paid away by that time or
the vote expires and cannot be acted upon. On the other
last
hand, the collection of the revenue is on an unprecedented
Not merely because of the new taxes imposed, but
also because there is a general fear that in the next budget
increased duties will be put upon spirits, tea and tobacco,
and therefore merchants are taking these articles out of bond,
paying the duty upon them upon an extraordinary scale.
Last week, for example, the payments into the Exchequer
amounted to the enormous sum of 514 millions sterling, or
371^ million dollars. If this process goes on the receipts will
largely exceed the expenditure. The Bank of England,
scale.
:
—
:
therefore, will retain control of the market and rates will
probably be kept up to their present level till the very end of
the month.
The India Conncil continues to sell its drafts well. It
offered for tender on Wednesday 80 lacs and the applications
exceeded 188 lacs. The whole amount offered was allotted
at pricfs ranging from Is. 3 29 33d. to Is. 3 31-32d. per
rupee.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c,
1901.
Feb. 27.
1900.
Feb. 23,
Olroulatlon
Fnbllc deposits
Other deposits
Ooverument securities
88,608,126
12,924,281
41,887,321
12,114,380
Other securities.
35,438,975
Reserve Of notes and coin
25,030,b20
OoinAbulllon,bothdepartm't8 35,863,845
Prop.re8erTetollablllties..D.o. 45 16-18
40,136,'719
18,068,425
31,ei7,33H
24,834,066
36,972,051
rates for
167.183,000
money have been
Sank
a;
e
4 Months.
4 1-16
Months
4 1-16
2 6
9
llOHxd
a.^d.
a7Hd.
231,938,000
190.167,000
6
3 Mas.
4 1-16
Joint Dia'tH'i.
Stock At 7-14
4 Mos. Banks Call Bayt
Bills,
i%
3%
3>4@8^
39^
markets— Per
3%
London.
per ounce
Silver,
For account
Anaconda Mining
93ifl
95 k
Do
Erie,
&
St. Paul... 157»8
3878
Or., com.. .
do Preferred. 89^8
3978
9OI4
28S8
6718
2d preferred
Central
Louisville
3
Mexican Central...
Mo. Kan, <fe Tex., com..
67%
43 »a
134
common
Ist preferred...
3
4319
I34I4
21
55ifl
21
55i«
S. Y. Cent'l & Hudson.. 1471a
S. Y. Ontario & West'n 3219
147%
32%
& Western
49%
do
87ifl
8634
4978
871s
86I4
90
Pennsylvania
77ifl
*Phila.
I6I4
36I3
22 14
2488
80i«
921s
87
Northeru Pacific, com.
Preferred
Feb .15.
Feb .82.
1.
Fel .8.
Bates of
Interest at
Bank
Rate.
Open Bank
Open
Rate. Market Rate. Market
Open
ilfarfcef
Pans
3
Berlin
Frankfort
4^
4^
4^
^.msterdam
Bank
3Ji
Hamburg
3
5
3%
SH
sa
4«
5«
3
SH
4
nom.
4H
5Ji
3
Z^
5
5
5
3
3
3
3«
3H
8M
nom.
3J4
Open
Rate. Market
m
3
3%
3%
^%
3%
3M
3H
5
5
Bank
3M
nom.
3H
3«
3H
3%
5
5
5
3«
4
4
3?^
3H
&Read
•PhUa. & Read., Ist pref
*Phila.
& Read.
donthem
,
2d pref.
45%
Pacific
South'n Railway, com.
Preferred
Onion Pacific
Do
Ofth.
29 1«
29
68 «4
45
135
4559
I3514
9779
9738
18%
19
2158
5614
22%
571a
148
33
148
33
5138
8818
8618
87
90
521a
88i«
86«8
9014
90
78
77ifl
78
1678
3738
2218
17
3758
2238
441a
1638
37
21%
46%
25
46
25
25
80i>8
80%
x79i8
9388
93 14
87
9378
8714
1834
1778
1878
87%
18%
34%
3414
181a
S4l8
57ie
"B"
4114
9114
9OI4
2878
6838
32ifl
Preferred
SVabash
Do preferred
153%
40 14
6838
44I4
1341a
9714
1838
2II4
56I4
148
3314
5078
88i«
87ifl
pref.
941a
941a
9258
4838
241a
59I3
94%
9478
471a
2318
1581a
goifi
7738
1688
3678
22I4
45^8
24»8
8018
9318
Do
Fri.
914
94ifl
94ifl
1581*
401a
90
Norfolk
938
5878
9414
47ifl
29
& Nashville,. 85%
Preferred
3H
158
& Rio
3
3
9414
93^8
4788
Canadian Pacific
Chesapeake & Ohio..,
Chica. Great Western
Den.
9I2
5914
9314
95I3
9438
9413
5878
Fe..
Preferred
Baltimore & Ohio
Preferred
Ohio. Mil.
Thurt.
2818
965i6
9ifl
Santa
Wed.
28 14
283i«
9638
969i6
96 1«
969,6
96%
96%
02-37i« 02-32ii 102-3& 102-40
7178
72
72
72
flVohrentes(lnParls)fr.
Spanish 4s
&
Tuet.
28116
96i«
d.
Consols. ,new,2%p.ots
3
3
Hon.
Sal.
Illinois
The Bank rate of discount and open market rates at the
chief Continental cities have been as follows:
Mar.
Cattle.
The daily closing quotations for securities, etc., at London
by cable as follows for the week ending Mar. 15.
3>fi
4
856
655,000
are reported
4^
4M
4
2 4
Ensllsli Financial
4
3M
4k
4H
33 4
Mar.
112 l-16xd
Interest allowed
for deposits by
IraAe
325,000
585,000
350,000
540,000
qrs...
Atch. Top.
as follows:
Bills.
3 MontJis.
16
3
Open Market Ratet.
e
"
"
43
(^
London.
Feb.
44
3
lOli^
27 7-lod.
196,137,000
Flour, equal to qr 8...
Maize
Jg
27,038,805
18,811,093
85,914,840
18,987,585
36,579,185
23,606,649
83,842,454
33,742,077
4
qrs...
1899.
2.280,000
390,000
586,000
1900.
2,230,000
340,000
Laslweelc.
2,945,000
This week.
3,080.000
Wheat
1898.
i;8,762,d67
iiU
rate
percent.
4
Oonsols, 2« per cent
97 7-18
Silver
281-16d.
[Vol. LXXII.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
Mar. 2
1.
C
26,780.320
15,80v,S81
87,920,210
13,M,6,a74
31,571,489
88,437,985
15,414,593
Bank
OlearlnK-Honse returns
1890.
Mar.
JO
jg
The
..
.
THE CHRONICLE.
616
ii888
59 8e
59%
34%
6038
Price per snare.
nom.
St. Petersburg..
5ii
Madrid
Copenhaaen.
3«
3«
314
3«
8«
3H
8«
3«
6
5
6
5
6
5
6
S
..
Messrs. Pixley
&
Abell write as follows under date of
February 28
Gold—The Bank of England
continueB to receive
all arrivals in
the
National Banks. — The following informationregarding
is from the Treasury Department.
national banks
open market, and out of total of £234,000 the chief item has been
NATIONAL BANKS ORGANIZED.
£130,000 received from Paris on American account, being part of a
total of £30O,C00, the rest of which was noted in our last. £100,000
Certificate Issued February 18.
has been withdrawn for South America. Arrivals: Chili, £2,00C;
Australia, £3e,000; Cape Town. £2,000; BiverlPiate, £15,000; West 5,712—The Ocean County National Bank of Point Pleasant Beach,
Point Pleasant, New Jersey. Capital, $60,000. Jno. G. W.
Indies, £17,000. Total £72,000.
Havens, President; Jasper Bray, Cashier.
Silver— With the cessation of the speculative buying the market became depenrient on the Indian Government order and a few outside
Certificate Issued February 14.
entjuiries.
rtie price gradually receded with America a daily seller
Territory of New Mexico.
until 2 8ii6d. was touched. At this price America stopped selling, and 5,713— The First National Bank of Olavton,
Capital, $25,000. C. Q. Chandler, President; H.J.Hammond,
"With some competitive enquiries tor spot silver and a renewal of the
Cashier.
speculative forward demand the price rose to 283i, d. cash and 285, td.
forward, at which we close steady. The Indian price is Rs. 72.
Certificates Issued February 15.
Arrivals: New York. £340,000
Australia, £3,00"; Chili, £2,500;
5,714—The First National Bank of Geneva, Alabama. Capital. $25,West Indies, £7,000. Total, £352.500. Shipments: Bombay,
;
£83,000;
Calcutta, £60,000.
Total, £143,000.
Mexican Dollars— These coin remain nominal
in the absence of
i.
business.
000. Wm. E. Holloway, President; J. R. Clark, Cashier.
5,715—The Mississippi National Bank of Port Gibson, Mississippi.
Capital, $75,000. Jacob Bernheimer, President; A. K. Jones,
Cashier.
The quotations
5,716—The American National Bank of Oklahoma City, Oklahoma
Territory, Capital, $100,000. W. S. Search, President; Jno.
for bullion are reported as follows:
S.
GOLD.
Iiondon Standard.
Feb.
28,
«.
Bar gold,
77
76
Germ'n goldcoln.oz. 76
French gold ooin.oz, 76
Japanese yen
oz, 76
fine
oz.
U. S, gold coin...oz,
*
d.
914
4
5
5
4
BILVEK.
London Standard.
Feb.
21.
8.
77
76
76
76
76
4
5
5
4
Bar silver, fine.
Feb.
21,
d.
d.
934
Feb.
28.
grs. gold.oz. 28>fl
grs. gold.oz. 285ig
oz. 3038
Cake silver
Mexican dollars. oz. 27%*
28II18
$50,000.
Cashier.
tal.
1900-01.
1899-00.
1898-99.
1897-98.
Imp'rtsofwheat,owt.33,987,100 28,652,100 29,975,750 30,707,610
Barley
13,209,300
9.277,700 16,105,500 11,382,794
OatB
11,281,700
8,862,500
8,090,470
7,590.960
Peas
1,445,230
1,858,000
1,298,800
1,447,800
Beans
961,240
915,200
1,144,260
1,563,940
Indian Corn
29,119,400 30,672,200 26,883,260 23,700,760
Flour
11,092,200 10,576,700 12,028,430 10,966,580
Supplies available for consumption (exclusive of stocks on
1):
1897-98.
58,837,224 56,485,476 59,663,374
itver.prioe wheat, week.26B. Id.
26s, 3d.
25s. 7d.
268. Od.
Average price. seaBon.278. 4d.
26s. lid.
56,799,702
26s. 5d.
33b. lOd.
i82,31S,230
1899.
1898.
$2,575,615
7,475,060
$2,680,401
12,641,877
$2,564,886
9,165,094
$12,844,425
$10,050,675
$15,322,278
$11,729,980
$23,738,844
80,884,506
$28,922,126
80,667,329
$24,354,545
78,277,444
$23,985,508
65,569,398
Total 10 week 8 §104,623.350 $109,589,455 $102,631,989
$89,554,906
1.
Dry Goods
Gen'l mer'dise
for one week later will be found
In our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending March 11, and from January 1 to date.
The imports of dry goods
EXPORTS FROM NEW TORK FOR THE WEEK.
Wheatlmported,cwt.33,987,100 28,652,100 29,975,750 80,707,610
Imports of floor
11,092,200 10,576,700 12,028,430 10,966,580
Bales of home-grown.13,757,924 17,256,676 17,659,194 15,125,512
Total
1900.
1901.
10,526,195
Total
Since Jan.
IMPOSTS.
1898-99.
Virginia. CapiR. R. Barrett,
rOBEIQN IMPORTS.
V
For week.
1899-00.
West
President;
28ifl
3088
27
Nominal.
1900-01.
Hodgman;
B. F.
Imports and Exports for the Week.— The following are
the imports at New York for the week ending for dry goods
March 7 and for the week ending for general merchandise
March 8; also totals since beginning first week January,
The following shows the imports of cereal produce into the Dry Goods....
United Kingdom during the first twenty-six weeks of the Gton'l mer'dlse
new season compared with previous seasons
September
of Moundsville,
d.
oz 283ie 2838
Do 2 mo. delivery 28Bi6 287,a
Bar silver, oontaln'g
do 5 grs. gold.oz. 28iiu 28''8
. .
do 4
do 3
Corley, Cashier.
5,717—The First National Bank
1901.
For the week..
Prev. reported
ISOO.
$13,649,397
96,876,234
$15,243,999
104,575,329
Total 10 weeks $110,525,631 $119,819,328
1899.
1898.
$9,878,229 $11,902,838
81,715,216
86,479,772
$96,358,001
$93,618,053
1
;
.
March
are»t Britain
"
9
Week.
SinceJan.l,
Week.
$
Since Jan.
»
$
Chemical
Merchants' Ex..
Bntch.A Drov'B'
98,430
Germany
Mecb.ife Traders'
Sroenwlch
263,246
16,680
10,150
'i9,478
2,180
3,983
15,327
3,422
22i.5Ci
47,870
219,252
17,031
817,180
357,546
306,924
West Indies
Mexico
Bonth America
$8,324,899
6,761,227
2,296,313
842.190
113,055
308,519
f 60 1.154
960,679
4,058,333
'ib'.boo
All other oonntrlea.
Total 1901
Total 1900
Total 1899
ImportM.
Exports.
Week.
Since Jan. I.
i
Mercantile
1,000,0,
422,7
Paolflo
Republic...
Chatham....
1,600,0
460.0
People's
Silver.
Week.
Leather M't'rs..
Seventh
Btate of N. T....
American Exoh.
Commerce
Broadway
Since Jan.l.
9
2.000,0
2,060,0
2,000,0
2,000,0
1.600,0
1,000,0
10,000,0
300,0
600,0
1,000,0
300,0
400,0
200,0
600,0
300,0
1,200,0
6,000.0
10.000,0
1,000,0
ftaJlatln
$
8,095,829
..... ........
1.
200,0.
North America.. 1,000,0
3,000,0
Hanover
Irving
France....
$1,196,425 $10,165,420
9
200,0;)9
.......
Germany
3,883
900
West Inales
Hexloo
Bouth America
'16,906
20,250
"475
11 other coontrles.
Total 1901
Total 1900
Total 1899
"13,890
93,376
21,250
56,652
450,293
103,804
11,773
34,270
"2.491'
$48,811
$1,234,050 $10,483,536
1.285,104
9,808,128
1,121,447 10,083,354
lfi2,306
38,960
$624,810
792,225
575,315
600,0
OltlBens'
9
600,0|
600,0
Nassau
900,0
Market & Pulton
Shoe & Leather. 1,000,0
Com Exchange. 1,400,0
Continental
Oriental
Imp't'rs'ATrad.
1,000,0;
300,0
1.600,0.
2,000,01
Park
Kast River
Fourth
260,0
8,000,0
1,000,0
300,0
Second
760,0
Ninth.
600,0
PlTSt**... •••••.. t
N.Y. Nat'l Exoh.
300,0
250,0
Bowery
200,0
N. Y. County....
Central
,
Reports of Non Kember Banks.—The following is the
Btatement of condition of the non-member banks for the
week ending March 9, based on averages of the daily result.
We omit two ciphers COO ) in, aiL cases.
Uerman Amerl..
760,0,
1,000,0,
Chase
Fifth Avenne...
eerman Exch...
BANES.
Capital.
Lea. T. Utpoait.with
Net
Svtcie. AB'fc. OUar'g Other DepoiiU
Notes. Age.nt. Bks.Ac
8ur-
(DOS omitted.)
pltu.
««W YOBK
CITY.
Borough of
Manhattan,
DAlnintilA
Eleventh Ward....
Pouneenth
Street.
Mount Morris
Mutual* •
•*.(.*
Nineteenth Ward..
Flaza
Riverside.
state
.. • •
Twelfth Ward
Twenty-third W'd.
Union Hquare
YorkvUle
Washington
PldeUty
Varlck
«
t
9
t
100,0
300,0
100,0
100,0
200,0
200,0
260.0
200,0
100,0
100.0
100,0
100,0
200,0
100,0
200,0
100,0
100.0
200.0
100,0
128,3
194,7
129,0
66,2
20.4
102,4
69.6
136,8
69,2
176,9
116,4
238,0
64,8
69.8
361,3
180.2
23,8
98.4
60,0
1339,0
49,S 136.6 493,4
2226.0 112,0
97,0 191,0
1108.8
88.0
41,8 281,0
1177.6
65.4 219,0
78,4
877,1
1,8
160,0
100,0
800,0
100,0
100,0
160,0
262,0
600,0
100,0
100.0
300.0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100.0
100.0
124,6
16H,3
161,0
43,3
67,7
68,8
491,6
366,9
203,1
1061.1
1468.7
1161.1
326,6
669.0
618,7
666,7
121,7
126,9
63.4
76,9
233,7
63,7
69,4
49.9
2846,6
869.7
637.6
8628,0
2616.0
766,8
904,3
484.2
609,8
1062,0
426.1
662.7
662,0
10,7
18,0
64,2
11,6
34,0
30,9
825,2
146,9
17,2
4,2
166,0
136,0
13,6
33.1
18,8
10.8
99.6
12,6
26,3
36,1
36,0
100,0
68,3
8$.6
618,6
714,4
13.7
29,0
400,0
260.0
260.0
200.0
110,0
126,0
879,0
666.9
819,2
229,0
460,8
106,5
738.4
1291.7
66,5
106.3
89,7
116,7
8.8
79,4
2086,9 135,0
1264,8
37,6
1800,0
26,0 125,0
2310.0 127,0 135,0
994,7
16,6 104,8
3086.0 279,0 139,0
1114,8
26,8 158,6
898,8
42,2 110,2
2189,3
66,6 242,2
1414,2 112,9 148,8
622,0
22,3
12,0
882.8
21,2
7,2
39,8
3,0
60,0
40.0
87.2
386.1
208,8
189.0
218,0
86,0
41,0
83,8
76.9
893,8
131,8
64,1
47,8
44,9
39,0
160,0
61,6
173,4
6,1
222,0
149,8
147,6
20,6
2,7
14i8
1690.0
2335.0
1380,2
1428,0
760,9
1591.6
2789,0
1468,0
1690,0
2487.0
1009.8
3528,0
1660,0
1158,0
2701,2
1632,9
602.6
300,0
336.0
Brooklvn
Eighth Ward
mfth Avenue
Kings County
Manufaot'rs' Nat'l.
Mechanics
Meoh's' A Traders'
Merchants'
Nassau National..
National City
North Side
People's
Bohermerhorn
Seventeenth Ward
Sprague National..
Twenty-sixth W'd.
Union
Wallahont
63i!.8
2633.1
16.3
86,3 220,1
116.7 277,8
36.2 141,1
23,0
42,3
27.6
60.9
23,0
72,3
168.0 616,1
129.8 186.9
64,8
82,0
84,9
94.2
800,0 477.0
200,0
6,5
1.0
24,9
39.0
9017
128,4
671,8
36,0 3860,0
138,0 3039,0
179.1
831.9
100,3
943,4
63d.
16,0
31,3
478,3
63,0
983,0
2.1
466,8
611,1
39,0
707,9
91,8
266,0 497.0
63.4
64,7
30,4
39,7
1351,9
1657,8
1149,3
28H,7
628,0
640,7
3222.8
3202.8
43.1
65,6
264,8
64,6
209.0
21,7
88,7
60,6
68,9
18,6
60,8
9,0
Borough of
Richinnnd.
Bank
of
SUten
Isl
lstNat.,8tatenl8l
23,4
18,3
14,0
687,6
676.9
267.0 827,0 1219.0
81,4 246.0
61,6
22,1 196.6
44,'6
48,9 254.6
25,8 128,7
49,6
39,8
92,9
8,6
6234,6
1731.9
996,2
ess.i
83.2
90,8
Other Cities.
IstNat., Jer. City.
Hud. Co. Nat.. J.C.
SdNat., Jer. City..
M Nat.. Jer. City..
Nat..
Hoboken.
1st
dNat., Hoboken.
Lincoln
aarfleld
Fifth
4696,3 239,7
1939,2
95,4
1144,3
66,4
896,3
46,4
2073,8 116.4
760.1
41,8
1826 3
830,5
100.0
200.0
200,0
300,0
1,000,0
300,0
300,0
200,0
Seaboard.
600,0,
Western
1st Nat., B'klyn.
3,100,0
300,0
Liberty
N. Y. Prod. Ex..
600,0i
1,000,0
NewAmsterdam
250,0
350,0
500,0
Astor
Hide A Leather.
Specie.
Legal*.
$
S
9
I
.Depoiiti.
J^^
P.O.
,„»
16.432.0
23,771,0
18,410,2
13,652,0
32,819.6
2,047,2
2,114,4
1,096.6
2,245,0
2,980,9
'
3,046,0 1,183,0 16,241,0, 28-0
8,224,0' 2,198,0 31.104,0 33-4
3,073.8! 1,677,9 19.185.4 24-4
2,781.0
697.0 14.078,0 24-7
4.073,0, 2,459.0 26,177.7 24-9
225,6
5,276.0
1.468,01
102,0
5,558,0 28-2
6,721,6, 12i,772.2 34.131,6 6,177,6 148,686,2' 26^
6,967,6' 25.219,8 8,719,1 2,566,3 21.723,3 25-4
211,1!
6.781,3 1,004.0
6.468.5 23
488.6.
1,925,8
8,754,8
980.8
7,151,8 35-6
846.9;
85,0'
1,184,2
332.6
1.322.2 29-8
61.2i
124,8!
2,418,0
216,0
232,0,
2,520,0 17-7
884,9
173,6
132.4
173,3|
818,7 38-0
477,7
6,050,1 1,366.3
216.2
5.441.6 29
3,988,6
999,7
217,1|
605.6
6,687,0, 28-9
4,810,2
643,3
680.8
278,3!
4,200,6, 20-4
3,064,9' 30,066,0 6,408,0
1,539.0 26,102,0 30-4
6,733,0 73,991,8 7,782.9 6,429,6i 63,893,7 22-2
6,020,1 1,163,6
1,583,6
6.380.8 27-6
318,2;
1,264,2 14,882,3 2,153,8 1,654.8 15,529.2i 24-6
484,7
2,804,3
315.2
434.9
3.379.9 23-2
1,153,8 20,407.6 6,009,4 1,063.9, 23.181,8,28-1
993.3
6,428.0
942,4
908,2
6,701,9 27-6
387.3'
2,092,1
190,0
446,1
2,684.i< 24-6
817,7 16,005,9 2.438,8 1,354.2; 18,319,3. 23-1
6,195,6; 61.463.6 10,064,1 6,410,11 67.151.6 270
698,4'
435,6
4,021.0
677,4
4.394,0 290
202.3'
884,8
724,4
8,306,1
3.284.3 28-3
274.9,
2,776,8
475,9
325.4
8,301.9, 24-2
8.912,0 1,278,6
1,037,1
764,8
7,528,9 27-1
202,9,
864,31
4,075,3i 26-9
3,679,8
191,8,
1,807.2 20,866,0 8,938,0 2,089.0 24,501,0! 24-6
496,2'
940,8
4,877,4
619,9!
6.814.8] 26-0
2,052,01
401,0
218.0
302,0
2,030,0 25-6
8.027,1 21,824,0 4.601,0 1,276,0 23,816,0 24-7
8,679,9 66,504.0 15,319.0 4,698.0 71,968,0 27-8
169,2
1.240.5
250.2
177,3
1,444,2 29-6
2,433,7 27,072.0 4,572,8 3,628,1 29.370.5 24-6
514,0 11,971,0 3,180.0 1,395,0 16.811.0 289
918,9
9,239,0 1,543,0
962,0, 10.110.0 24-6
71,1
3,061,7
699,0
267,0
8,600, 0; 24-7
9,483,0 48,028,8 9,424,1 1,828.1 44.458.1 25-3
112,6
3,186,8
607,6
809,9
3.437.6 26-6
724,7
2,812,0
880,0
3,408,o! 19-4
303.0
397,1
3,035,9
918,6
459,3
4.252.0 32-4
366,0
8,394,1
546.4
247,2
3.317.4 23-9
2,822,7 40,667,0 10.495,1 1,837,7 48,941,6; 25-1
9,198,8 2,486,2
267,6 10.672.7 26-0
1,326,7
638,6
2,260,8
233,8
906,2
3.315.1 34-8
818,5
3,078,5
404.2
669,1
4,708,8 22-7
966,1 12,801,2 1,699.1 1,916,6 14.511.2 24-9
27.'5,2
7,940,8' 27-6
7,485,5 1.918.8
1,116,6
2,127,3
848,3
402.4
177,8
2.266.7 26-6
1,018,2
7,627,8 1.193,6
649,0
8,358,9, 22-0
426.4
2,569,0
3,067,0 26-7
436,0
388,0
818,2 16,206,0 3,807,0 1,928,0 20.662,0 27 7
1,998,6 41,052,2 9.722,4 2,457.7 49,101,5 24-8
619,5
3,846,0
620,0 1,094,0
4.660,0: 36-3
426,n
648.1
6,817,1
1,196,1
6,790.1; 23-8
4,197,4
379,2
588,2
441.2
4,068,1; ',^6-S
7,0'I2,8 26-3
6,918,2
444,6
945,4
840,6
320,9
4,947,0 1,121,0
289,0
6.370,7 28-2
481,41
1.989.6^ 22-0
334,1
2,681,0
69,4
i
i
.1-
76,022,7 93,063,6 913,789.6 1911341 72,665,8 10119286! 36-0
Total....
Auction Sales.—By Messrs. Adrian H. MuUer
stocks
and Bonds.
$25,000 U. 8. Flour MillInp Co. Ist 40-year 6b,
May. 1900. ooupoDB on
(trust
25 U.
BoTo^h of Brooldvn.
Bedford
Sermanla
Bank of Metrop.
West Bide
I
Loan*.
.
Phenlx....
Gold.
517
Capital Surplus
Amerloa
Imports.
£xporl$.
Oreat Britain
:
1
1
THE CHRONICLE.
16, 1901.]
BANKS
The following table shows the exports and imports of
specie at the port of New York for the week ending Mar. 9
and since Jan. 1, 1901, and for the corresponding periods In Bankof N. T
Manhattan Co...
1900 and 1899.
Merchants'
8PB0IB AT HEW TORK.
Meohanlos'
BXPOBT8 ARO [KPOBT8 OF
FTfUlC6
.
company
8.
cert.).
5 Bowling
541 N. Y. Steam
i
I
|
Flour Milling
l«,q 00=
F.our Milling ?»13.22o
Co.. com. (tr co
ert.),
with receipt ehowing
paymentof aseeesmeot
8.
>
I
1
.$8,125,
on deposit of
such stock
&
bonds.
|
.. j
Slocks.
^
Empire City Fire Ins.Co. 74
13 Home Ins. Co
277-278
20 London <te N.Y. Invest.
Corp .Ltd.. £10 ea..$225 lot
46 Long IsL Safe Dep. Co.. 50
150 Am. D T. Co. of K'lyn
35
llOE W.
.
Bliss Co.,
Nassau Bank
25
16
10
151
10
com
130
200
Farmers' L. &Tr. Co.. .1500
Lawyers' Sur'y Co., N.Y.lOQifl
Mechanics' Nat. Bank. ..229^
Brooklyn Academy of
Music, with ticket
IO8I11
10 Colonial Trust Co... 399-400
U. 8. Trust Co. .ie86ifl-1692
4
By
Co.
and
$550
$2,080 sorio
74N. Am. Trust Co--265»fl-270
215 Pitts. Lisbon <fe Western
$1.^ per sh.
Ry.. $50 each
140 Beaver Coal Co.. $10
each
$3 50 per 8h.
10 Atlantic Trust Co
250
240
10 Am. Ex. Nat. Bank
5 German-Amor. Real Es20»9
tate Title Guar. Co.
63 Manufacturers' National
Brooklyn
285
Baiikof
80 Nat Bankof Com. .315-320
10 Fourth National Bank-.. 206
55 Uniiefi N. J. BE. & Ca300'«
nal Co
190
20 Oriental Bank
Bonds.
$1,000 Rarltan River RB.
Ist 58. 1939
96>a
$1 0,500 Pittsburg Lisbon &
West. Ry. I8t8, Jan.. 1901.
.
Co.. pref. (tr. 00. cert.)
25 U.
& Son
Slocks.
Green Tr. Co.. .187
coupons on
90
$20,000 U. 8. Flour Milling
Co. bonds.
May. 1900. cou25
pons attached
Messrs, Richard V. Harnett
Co.
&
Slocks.
100 Pennsylvania Mining
Co.,
$5 each
$5 tor
lot.
Totals Mar. 9- 7662.0 8607,8 62119,8 3100.8 3970,6 8820.9 8494,6 70376,7
Totals Mar. 2.. 7662,0 8607,8 62046.1 3195,9,3963,1 8860,4 3862,4 71061,3
Totals Feb. 88
7662,0 8676,0 61289.6 3132,8 3922.1'9428,9 3397.1170377,1
New York City, Boston & Philadelphia Banlcs.— Below
we furnish a summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.
The New York figures do not include results for the non
member
banks.
3T
Banes.
Capital Jc
Surplus.
Loam.
Speci«.
N. \.'
$
$
$
Feb. 16. 166.480,2 914,623,0 1932134
" 23.. 166,480.2 911,800,9 1929633
Mar. 2.. 167.980,6 914,209,4 1939485
•'
9.. 188.076,3 918.789.6 191ia41
„Boii.»
Feb. 38.. 67.632.9 188,176.0 13,989.0
Mar. 2.. 67,632,9 188.543,0 12,672,0
9. 67,632,9 189,697.0 13,008.0
Phlla.»
Feb.
23..
Mar.
2..
"
9..
•
Spencer
38,716,3 167.6S1,0
38.716.3 167,8P3.0
38.716,3 167,836,0
We omit two ciphers in all these
Letalt.
Depotits.i
Oire'.'n.
s
s
9
72,471,8 10113290 31.168,6 13300287
73,890.1 10081869 31.226.0 12807608
73.981,1 10125140 31.309.0 13928163
72,665.310119285 31.469,0 16879878
9,676.0 211.111.0
9.268,0 210,677.0
8,888,0 214.827,0
68,631,0
69,266,0
60.018.0
203,123,0
202.926.0
202,654.0
6.071.0 108,887.3
6.112,0 132,481,1
6,114,0 138,956,2
9.991.0 81,187,8
9,988,0 117,731,8
9,999,0 90,061,6
luoludtnK for Boston and Philadelphia the Item
....
NETT YOR]
INVESTMENT SECURITIES.
Branch
QBOBOD BABOLAT MOFFAT.
Moffat
Office.
07 State
St..
Albani
ALBXAITDBB M. WHTTB JV.
«&
^VHITE,
BANKERS,
due to other banks."
New York
City Clearing Honse Banks.—Statement of
oondition for the week ending March 9, based on average of
daily results. We omit tivo ciphers (00) in all cases.
PINE STREET,
Members N. Y. Stock Hrohande
Hgxires.
'
39
Co.,
Transact a general banking businessi act a* Fiscal
Aorents for corporations, and negotiate security
issues of railroads and other companies. Execute
commission orders and deal in
OUarintt.
s
&
Trask &
BANKERS,
...
Members New Tork Stock Kxohanxe,
No.
1
NASSAU STREET,
NEW TORK.
INVESTMENT SECURITIES.
.
THE CHRONU^LE
618
Apr 14
Apr 14
Mar 27
Apr 7
To-day's actual rates of exchange were as follows: Banksixty days' sterling, 4 84J>^(a4b43^; demand. 4 87i£(g4 87?^^
cables, 4 hHi^(a)4 88^^; prime commercial, sixty days, 4 83%®
4 84; documentary commercial, sixty days, 4 83^^(24 84i^;
grain for payment, 4 84@4 84 i;^; cotton for payment, 4 83^
@4 833^; cotton for acceptance, 4 83^(3)4 84.
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: vSavannah,
buying 1-16 discount, selling 75c. premium; Charleston,
buying par, selling }^ premium; New Orleans, bank, $100
fremium; commercial, 50^flr75c. discount; Chicago, 20c. per
1,000 discount; St. Louis, par; San Francisco, 15c. per $100
Mar 24
to
Holders of rec. Mar 30
Mar 31
to
30 Mar 17
to
Apr 28
() Apr 17
Mar 25
to
25 Mar 23
to
Mar 24
25 Mar 17
to
Mar 24
Mar 17
25
premium.
United States Bonds, Sales of Government bonds at the
Board include $10,000 2s, reg., at 105^; $3,000 3s, coup., at
1103^; $500 3s., reg., at 110^, and $28,000 4s, coup., 1925, at
138 to 1381^. The following are the daily closing quotations;
^autijers^ (Sa«ttje.
DIVIDENDS.
Name
of
Per
Company.
ers'
Socles Closed.
Wlien
Cent Payable
(Days Inclusive.)
Knilroads (Steain).
Belt EK. it 8tk. Yds. of Ind., pf. (qu.).
Belt By., Chicago (qiiar.)
Chicago Milwaukee & St. Paul, com
pret...
& North West, pref. (quar.)
R. I.
P.-1C. (quar.)
Chic. & "Westoru Indiana (quar.)
Clilc.
Cliic.
Manliattan (quar.)
N. Y. Cent. <fc Hudson Kiver (quar.)...
N. Y. N. Haven & Hartford (quar.)....
Northern Pacific, com. (quar.)
Panama
(special)
& Aslitabula,
com...
pref
,
Avenue
3
312
1
1^4
2
1
2
3
1
1^4
1
312
Banks.
Mar
May
Mar
Mar
Mar
Apr
Mar
Apr
Apr
Trust Coiiipniiics.
Brooklyn, Brooklyn ((luar.)
Franklin, Brooklyn (quar.)..
Guaranty (quar.
Manufacturer.s' Brooklyn (quar.)
Miscellaneous.
1
1
2
1
1
to
Mar
Mar 16
Not closed.
to
Mar 20
Apr
to
Apr
Mar 19
Apr
Apr
1
Mar 26
Mar 26
1
Holders
4
Aiir
2^2
'.
.
.
Apr
Apr
Apr
1
1
1
Mar 24
Mar 23
4
2
)
Alabama Cons. Coal & Iron pref. (qu.).
American Apn'icultuiiil (Jhoiii., pre!
American Caramel, pief. (quar.)
American Screw (quar.)
American Steel & Wire, com. (quar.)...
"
pref. (quar.)..
Celluloid Co. (quar.)
(quar.)
(
Sloss Sheffield Steel & Iron, pref. (qu.).
•& Pacific Coal (quar.)
tJnion Bag<fe Paper, pref. (quar.)
Texas
134
1^2
1^4
(quar.)
^2
United Fruit (quar. )
United Gas Improvement (quar.)
United Shoe Machinery, com. (quar.)..
"
"
"
pref. (quar.)..
"Western Union Telegi-aph (quar.)
"Westinghonso Elec. <fe Mfg., pf. (qu).
.
2V.
2
2
1^2
II4
1''4
Transfer books not closed, t 6 per cent of this
1900, and 1 ^2 per cent for first quarter of 1901.
to
Mar 31
Mar 31
Mar 25
to
Mar 31
to
to
to
Mar 1
Mar 31
Mar 31
Mar 20
Mar 21
Mar 21
Holders of
rec.
Mar 23
Mar 23
Mar 6
Mar 21
Mar 20
to
to
to
to
to
Marie
Mar 21
to
to
Apr
Apr
Apr
Apr
2
2
1
1
Mar 30
Holders of rec. Mar 30*
May 15
Apr 26
to
Mar 17
to
Mar 31
to
Mar 16
Apr 1
Mar 22
to
Mar 30
Apr 15
Mar 26
to
Mar 24
to
Mar 31
Mar 21
to
Apr 1
to
Apr 11
Apr 25
Apr 9
Apr 1
Holders of rec, Mar 30
Holders of rec Mar 30
Mar 24
to
Mar 31
Mar 24
Mar 31
to
Mar 21
to
Mar 31
Mar 24
to
Apr 1
for year ending Deo 3 1,
.
is
ppe following
Interest
Apr 1
Mar 31
to
for yenrlly range see third
WALL 8TKEET. FRIDAY. MARCH 15, 1901.
The Money Market and Financial Situation.— Notwithstanding a large shrinkage in the volume of business in
some industrial issues, including the iron and steel shares,
the recent average has been maintained at the Stock Exchange during the week by an increased demand for railway securities. One of the noteworthy features of the market was a steadily enlarging activity in railway bonds at
advancing prices. Confidence in this class of investments
is enhanced by current railway earnings and the increased
dividends they foreshadow, and by the general trade situation, which is well illustrated by present conditions of the
2s,
2s,
2s,
2s,
3s,
38,
3s,
3s,
4s,
48,
48,
4s,
5s,
5s.
1930
1930
registered
coupon
Mar
Mar
Mar
Mar
Mar
Mar
Periods
1
1
Feb 26
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
Apr
*
to
to
of rec.
—
31
Mar 26
Mar
3 Apr
Apr
2
II4 Mar
1^4 Apr
1^4 Apr
mj Apr
l='4 Apr
134 Mar
1^4
Crucible Steel, pref. quar. )
General Electric, com. (quar.)
2
Api'
International Power, pref
71^1 May
Mergcuthaler Linotype (quar.)
212 Mar
National Knam. & Stamping, pi. (qu.).
1^4 Apr
National Steel, pref. (quar.)
1^4 Mar
Otis Elevator, pref. (quar.)
1^ Apr
P. Lorillard, pref. (quar.)
2
Apr
Union Ferry
Mar 16
l.'i
1
5
to
to
to
to
1
4
rirst Natiimal, Brooklyu (quar.)
Commercial Cable
Apr
Apr
20 Apr
(quar.)
(extra)
"
1
Apr 1
Apr 25 Mar 26
Apr 25 Mar 26
Apr 5 Mar 24
May 1 Mar 30
1^4
1^2 Ai)r
3h.
Street RaiUrays.
Capital Tract., Waslilngtou. D. C. (qu.)
Sutter St., San Franci.sco (qu.).
United Tract. <fe Elec, Prov. (qu.)
"West End St., Boston, com. (quar.)
rifth
2
l^-t
<fe
Pittsburg Youngs.
1^ Apr
[Vol. LXXII.
y
11
12
13
14
15
Q—Jan
Q— Jan
*105i4
*10534
1930, small.rogistered
coupon
1930, small
registered
1918
Q— Feb
Q—Feb
Q— Feb
Q— Feb
Q—Jan
coupon Q— Jan
registered Q— Feb
coupon Q— Feb
registered Q— Feb
coupon
1918
*
*
10538 *10538 *10538 *105i2 10534
*106
10578 *10578 * 105^8 *106
*iii"" *iii"' *iio34 *il634
*iii * 11034 11034
*111
*iii" ill"*
*
11034 *111
1918, smaU.registered
coupon
1918, .small
registered
1907....
*110l2 *ii6i<2 *110i2 *ii6ii *ii6i4 *il0Vj
1907
1925
1925
1904
1904
*13778 *1373.i * 13734
* 13778 * 13734 *13734
*1\\^ *iiii2 *111J2
*llll2 *iii^ *1111.2
*This
coupon
is
Q-Feb
the price bid at the
*113
*114
*113
*114
morning board; no
*113
*114
sale
*113
*114
*138
*138
*113
*114
*138
*113
*114
*138
138I4 138
*llll2 *lllll2 *lll»a
*llll2 *llll2 *111^
was made.
State anrt Railroad Bonds.— Scales of State bonds at the
Board include $8,000 North Carolina 6s at 135 to 136>^, $1,000
Alabama Class C at 103, $16,000 Virginia fund, debt 2-3s at
96 and $162,000 Virginia 6s deferred trust rects. at 8^ to lOi^,
Transactions in railway bonds averaged nearly $7,000,000
par value per day and the market has been strong throughout
the week. This larger average than of late is due chiefly to
the steady absorption of a few issues, which was most conspicuous in Wabash debenture Bs, and included Toledo St.
Louis & Western, St. Louis Southwestern, Mexican Central
and Erie issues. Fort Worth & Denver City Ists advanced
from 86 to 96^^ on comparatively limited sales, Wabash
debenture Bs sold up to 64 to-day, a gain of 73^ points
within the week.
Stock and Bond Sales.— The daily and weekly record of
stock and bonci sales at the various Stock Exchanges, formerly given on this page, has been transferred to a place by
itself.
It will be found to-day on page 525,
Railroad and Miscellaneons Stocks.— A good demand for
railway shares has kept the market active and strong
throughout the week, the latter feature being especiThis demand has been stimulated
ally notable to day.
by reports of heavy traffic in all sections of the country and
by expectation that new consolidation plans are nearing
completion and will soon be announced. The Southwestern
group and connecting lines, including St. Louis iSouthwestern, Kansas & Texas, Missouri Pacific, Toledo St. Louis
Western, Wabash, Iowa Central and Minneapolis & St,
Louis, were notably strong, the advance in some cases
amounting to 6 points. Burlington & Quincy was a leader
of the grangers, the increase in St, Paul's dividend rate to
Great Northern pre6 per cent having been discounted.
ferred sold up to 207^, an advance of 8% points on rumors
fo an impending " distribution." The coal stocks were in request at advancing prices on a growing conviction that a
miners' strike w-ill be averted, Manhattan Elevated has
been unusually active at advancing quotations.
But little interest has been manifested in miscellaneous
stocks, many of which were dull and neglected, and some
&
and steel industry.
The open market rates for call loans on the Stock Exchange
during the week on stock and bon,d collaterals have ranged
from 2 10 21^ per cent. To-day's rates on call were a to 2}4
per cent. Prime commercial paper H^ to 4^^ per cent.
The Bank of England weekly statement on Thursday showed
an increase in bullion of £105,143 and the percentage of reserve to liabilities was 50-89, against 48-74 last week: the
discount rate remains unchanged at 4 per cent
The Bank
of France shows a decrease of 2,325,000,000 francs in gold
and 850,000 francs in silver.
The New York City Clearing-House banks in their statement of March 9 showed a decrease in the reserve heM of were weak,
$4,230,200, and a surplus over the required reserve of
Oatslde Market.— In the outside market the half day on
$10,717,275, against $14,801,100 the previous week.
Saturday last proved rather lively, but during the rest of
the week things were quiet until Friday, when trading beDifferences
1901
1900
1899
came active. The strength of the Stock Exchange market
from
iron
MarcJi 9
March 10
March 11
has of course been reflected in the dealings on the curb,
U. S, Steel Corporation stock has ranged at 38 to 38^^ for
$
$
$
83i^ for the preferred, closing on
Capital
75,022,700
68,422,700
57,872,700 the common and 82?^ to
Surplus
93,053,500
83,342,900
75,728,000 Friday at 383^ and 82j^,
Seaboard RR. common sold MonLoans & discounts 918,789,600 Inc 4,580,200 763,203,100 777,545,700
while the preCirculation
31,469,000 Inc
160,000
18,931,900
14,468,500 day at 13^ and 14, closing yesterday at 13^^,
Net deposits
1,011,928,500 Dec
585,500 829,425,700 906,t)55,200 ferred soM at 327^ on the first day and closed Friday at
Specie
191,134,100 Dec 2,814,400 152,729,600 196,200,100
about 33 The Seaboard bonds, which closed Saturday at
Legal tenders
72,565,300 Dec 1,415,800
60,303,200
53,606,700
78^, closed on Friday at 79|;^ a favoring influence on
Keserve held
263,699,400 Dec 4,230,200 213,032,800 249,866,800 these securities has been the floating of the $10,000,000
Legal reserve
252,982,125 Dec
146,375
207,356,425 226,663,800
funding loan, Havana Commercial Co, preferred sold at 54
Surplus reserve
10.717.275 Dec 4,083,825
5,676,375
23,20.3,000 Monday, moved up to 58 Thursday and closed at 57 bid Friday; Standard Oil has ranged between 790 and 800, closing
Note. — Returns of separate banks aiipear on page 517.
Denver & Southwestern Ry, stocks were one of the
795,
Foreign Kxchangre. -The foreign exchange market was at
strong features. Union Typewriter common and 2d pref.
dull and easy during the earlj;- part of the week, but owing
each rose several points, closing at 50(g'52 and 121@123,
to a better demand was firmer on Thursday and to-day.
Two new securities appeared on the curb this week, namely
Posted rates ot leading bankers follow:
the Brownlow Mining Co, stock, which sold at 35 to 40 on
Tuesday, getting up on Thursday to 42, and closing Friday
Sixty Days
March 15
Demand
at 42 bid, 44 asked, and the American Tin Can subscriptions,
Prime bankers' .sterling bills ori London.
4 85
4 8852
transactions in which began on Wednesday at 1023^, closing
Prime commercial
4 8334 ®4 84
48314 ®4 84 14
Friday at lOOJ^, American Bicycle and American Snuff
Documentary commercial
Paris bankers' (Francs)
5 18^4 ®5 1834* 5 16'!'8 "©5 16'4'*
Stock Exchange list
both
Amsterdam (guilders) bankers
40
@ 401,6 4OI4 'S) 4OB18 securities were list ofplaced on the
outside securities will be found on
Our
this week.
Frankfort or Bremen (reiclim'ks) bankers 9434 @ 94i3i(
95Bie ® 9539
page 525.
Less lie.
previous week
;
.
^r
'
.
New York
Stock
Exchange— Stock
OOCVeYlSii
Record, Daily,
TW«
STOCK^-BJeHBST AKD LOWEST BALS PRICBS
Batturday
Jf«rcb 9
Monday
March 11
*23
61
57 '4
March 5r
ltarchl2
Thurtday
Mareh 14
25
02
25
02
57-ii
571.1
91 la
573^
25
25
61
5734
61
01
KEW YORK
Weekly and Yearly
8aUs of
STOCK
EXCHANGE
Ann
»
'
PA(iE.S
STOCKS
Friday
March IS
25
25
02
M
.
the
Sanffe for Tear 1901
of lOffnitare loU
^a«0e
On basil
/»r PrcMove
Tear flf/OO)
1
Week
Hhareg
Lcwett
MigJust
Loutft
Bailrvads.
Arbor
800 20 FeJ>20 2« Marl^ 16 Sep
2fi
'2
\)i>
pr<-f
03
1,230 55 'a reh2.') 63 Maris 4012 Jiy
58 14 58 H Atch. T©p<:kit & SaBta Fe. 89,490 42I4 Jau2) 58 «s Maria 1 H-'g Jan
66^4
92
92 14 93
9134
91 »8 «2-\
91
92 '2 93
104.077 82 '4 Jail 21 93'«Marl4, 58>4Jan
Do pn-f
92 12 92^8
92 '-2 93-4
923^
92
92
92^4
92 >2
92 U 933| Bait. & Olii«i, vol. tr. clf«. 10,ir>70 81'4Jau 4 35-38 Mar
S514 J:ni
91 12 92
92 14 9^214
92 14
9134 92 '^
92 '4
92
&1
9-J'4 927,
J>o prcf. vol.. tr. clfs.
9.054 H?,\ J''eb28 94 Mar tit 7-J34 J»n ..„
.„ ,
79''»
7914 80*-j
79 14 797,
79 '4 Sli, Brooklyn HapidTrausit.. 100,115 72 '2 Ke 027 877gJant2L 47 '„ S#y>< «.'»7.Bh-x
79 '4
78
7«'a 7934
78>»
80 V
80
7912 80
UutlitlD Koch. & PitUb'g.
6.50 79iaMarl5 85
Jau UM: 62 lnf)t\ g-i Ite<
120 120
121 121
120 121
Do pref
479 116 Mar 1 126 Jan 9; 92 Ja»iir25 Vc-t
90 14
9OI4 90 '4
90 12 *897; 9<)34
*89
90
•89
90-38 903, CanaAiau Pacific
90
] ,400:
883^ Jan 18 9134 Jm Si. 8434 Sep 99'4 Ftl,
.57 ig 67-34
5734 591.
571, 57 1«
67 1< 57 U
67 »4 5778
14,98«" 54 '8 Jan 4' 61
•WU 61
i-uada Hoiitlii;rij
Marin; 47=8Fefci 01 '4 De<
•I5&S4 15B
155 150
155 155
156 150 14 155 156
l.>0
156 Central of New Jersey...
2,2001 145-'4 .fan 4 160 Jan &1II6 Jan 15U>aBec
46 14 47
4012 473,
47 H
47
4,S',
46>8 47 "-2
4G
48
49 Ghenapeake A Oliw
193,270, 3tti-2-Iaii21 49 MarlSt 24 J ne 42-J4Det
3«''<
40-'8 41 14
4()7»
40
4018 40>,
40 '8 4934 Chicago & Alton
39 "8 407g
42,250; 30»,.Iaii2I 41»2Jan » .^1
0«rt
42 Bee
70'i8 7034
76 14 701a
70 14 7012
76 14 70it_
751^ 701a
76 >8 75»»
1 7,300!
De prorf
72'2-lan 4 7634 Maris: gRi^ N„, 784 »ec
1511), 150''8 151-34 151 12 152^8 15138 1523b 152
14.9^ 149
55', Chicago Burl.* Quincy.. 257,047|i;}«'4.Tan 4 155«2Marl.5ill9'HJaii 144
DC4llOia IHHj 110 112
110 111
109 ]0»»2 109 111
lll'alis Ohica^^o & Kaat'a niia»if)
9,980 91 Jan 2 lis Marisl 88 Jan 109
•13© 1»2
127 132
130 130 Xl30 130
128 1301; 130 130
400,12012. 1 an 3 134 Fet>13i 119i2De«; li(5 Ab^
ix* pref
22 14 23 14
2134 22 H
22
2339 24
221-2 2418 Chicago Great Western.
20 >4 2214
221.J
80,34Oi 10 Jan 3 2 4 1» .Marl 5^:
978,"Sep
18 dec
»3i-2
94 14 *94
94-'4
9338 9334
93^8 93 7(
94
94=8 94341
Do 4 p. c. d«^)eDtare« 3,5001 9134 Jan 23 94-34Marl5| 81 Jne. »4 '4 De<
»2''e
81^2 81 12
Sl'g 81 ^g
81\ H21.2 821a 827,
81
82=8 82'%
Do 6 p. c. pref. "A".. 1,40W 77 Jan 19 853, Keb 5,; ShHAjig 88 Dbi
517, 55
52
frl
58
51
55 la 56
61
53
66
Do 4 p. c. pref. "B".. 7,100; 42 Jan 3 5« Marl 4"^ 30 J'ne^ 45 T>ti
33 18 331;
33 14 3434
33=8 30 la
32 >4 S2''4
SZ^s 33
37
3834 Clilc. Indianap. & Louisv. 47,800 23 Jan 21" :Mi3, MailSL 14
Jaiu
29 Apr
7112 72^4
71 12 73
711-2 7134
7) •..
70 la 71-'4
73
74
Do pref
6,7.501 .^34 Jan 21
74 MarlS^ 45I4 Jan
Det
1636g 154-'» t]49>2 ISOH 149:'8 ISO-'', 14912 1.50 '4 14978 1511a 1497^1505 Chieago Milw. <fe Hi. Paul. 135,102 1421-2 Jan 21 102 Jan 5 KWiaJHeiMiJi+aec
»195'4 105 '4 nS9i4 I89I4 H89 189 'J1S9 189 ?]88l2 1881-2 188 188
453:18712 Jan 4 95 la Jan 28; i 69 12 Jan il 87 ^a I*ec
Do pref
173-'„ 173-'h 173
*172'2 174
173 14 1731417334 Chicago <fe North Western
I7312 1731-2 *173 174
1,400 108 1». Ian 21 177 Jan SJloOU J'»»"}7234 Dei
2097^ 2097s
Do pi-ef
125,207 Mar ] 222i4Jan iW.lS5J»Mar •.J20 Oet
12434 125 '8 i26" i2578 i25ie 1203b 12578 1201-2 12514 i'ioS, i25" 125-8 Chic. Rock I.sl'd & Pacilic 49,025 11 07b .Tan 4 12838 Jan 7,102 .Jiiel22igDe^
130
125 130 *125 130 '125 130 '125 130 •126 130 Chie. 8t. P. Minn. & Om.
*12S
"
125 Mar 2 137 Janllf.UO Oft i 28 Soy
*176 185
175 185 *175 185 *170 180 n70 180 *170 180
184 '4 Jan 5 185 Jan Hi 172 F«bl7r. Mar
Do pref
14 '81
15-38
8i«0(* 1434 Dec
\i\ I4I4 -y\
15
3514 1078 ChiC!»K0 Tcnii'l Transfer. 29,734 10 '2 Jan 19 107,Marl5l:
14
14
*r3«8
35 '-2 35:'4
3034 3834
36
•Al\
37
38
3734 4(»:j.j
Do prtif
38,905 33 Jan 21 40=14 Maris 26 12 Oct 3934 Apr
70--'8
78 14 7«'4
76-34 7034
77 14 7812 Clove. Cin. Cliic. <fc St. L.
77iii
70
76
701a 771-.,
9,300 73-'4 Jan 25 81 Jan 14 65 J'ue 76 JUtsc
*114l2ll0'2 116 116
ni4 116 *114 110
100 115-34 Jan 12 119 JiuiU 103ii.J'ne 118 IVx
Do pref
*35
371-2 *35
37 12 *35
•35
37 12
35 'a 36 Cleve. Lorain & Wheel'g.
3(>
*S5
37
300 27 "8 Jan 7 37 MaiUiaJan 30 Nov
*75ia 70
*74
*75
•75
75
7034
70
76
75
Do pref
500 08 Jan 1
771a Feb 8' 46 Jan 72 Apr
10i« IO-Ib
9 'a IOI4
1038 1078
11 '8 III2 Colorado & So., vot. trust 55,704
938
1078 lli-i
i)"^
6''g.lau21 11 la Marl 5
5 Sep
«3^ Dec
4.n\
40
40 14 47
45
4434 4478
46 la
45
40
46
47
Do 1st pf. vot. tr. cf.s. 0,950 40 Jan 31 48 Felill 36 Sep 47 14 Mac
2OI2 21 '4
20 '2
*18ia ID'S
191-2 20 14
2134
20
21
21 I4 213n
Do 2cl pf vot. tr. ctfs. 11,245 lO'aJan 4 2134 MarU 14 Sep 20i4»«r
1061-2 10712 100 '2 107
I6434 1C5
105 108
166 I6712 IOO34 IG712 Delaware & Ilndson
17,099 12i;'-2 Jan 3 1 7434 Feb 1 8' J 06 '2 Se^ 134 4 Dec
*192 195
196 197
19034 19034 195>2l97
193 197
195 197
elaw. l^ack. & We.st'B.
3.000 l.S8'4 Jan 3 02 .Ian 8'171'-2S<P 1 91-34 I>ec
39
4934
4034 41
401-2 4934 Denver <fe Rio Grande
37*8 :!!)38
19,215 29 12 Jan 21 42 la Feb 911 l«7,.iau »4'2»«C
391s 4014
391a 3934
88-''8
87 1-2 88 '4
88 14 88 •'81 88
89 14
'
88
88 "2 89 1„
8878 891;
l>o i)ref
5,580 80 Jan 21 89-38 Feb 9 64'2J'ue 87 Dec
23 12 23 12 *23
25 12
25 '2 20 12
•23
23
2514 20 Des Moiuf.s & Ft. Dodge.
24
231a
9,505 18 Jan 30 20 'a Mar 14 12 J'nt- 21
Dec
«0l4
6I4
*5-«4
OI4
*5ia
0'4
614
OI4 Mar
6
9,200
5
Jan 9
8 Diiluth So. Sliore* All..
8 Marl5
4 J'ne,
151-2 *14ia I5I2 *1434 I512
I514 lOSg
1G>2 19
0,925 1359 Jan 8 19 Mails 12 J'ly 207„Nov
Do pref
2734 28 14
29 14 303, Erie
2734 28
2818 28=1
2734 28 la
28
30
149,405 24-''gJan 4 31 Jan
]0'2SPp 27i8D«c
6634
64^8 66>2
m-^ 06 7^ 6618 68
66
65 ^'4 »634
303^ Sep 63 4 Dec
64,420 .59-'i.Ian21 OO^Jan
671a 69
Do Istpref
44 14 44 =s
42 '2 43 12
42^4
47*8 50 12
42
43
39 '4 Jan 4 50i2Marl5 15 Sep 4:j U Dec
44,800
441a
441a 49
Do 2d pref
5418 54-34 Evansv. & Terre Haute..
62 Hi 521-2
53
53
5378 64
54 ig
631a
4,220 41 Jan 31 55 la Feb 15 3812 Oct 543, U-At
531a 54 ig
*86
»86
*86
«86
*80
89
89
89
89
81 Jan 4 90 Feb 1.5 74 Oct 94 4 Apr
89
Do pref
*31 ....
*29
*29
29
27
29
29
400 25 Jan 29 29 Feb 8 15 J'ne 27I4D0C
Ft. Worth & Rio Grande.
20478 20578 2031a 206
199 >4 200
200 205 14 205 206
206 208 Great Northern, pref... 29,804 1S8 Jan 4208 Marl5 144-34 J'ne 191 4 Dec
65 Jan 2 67-34 Feb 1 4, 53 'a Mar 66 I»ec
r. B.<feW.,(leb. cfR."A"
912
9
9
834
9
9 '•>
9
8*8»«C
8 -8
9
9
9
a '4 -"^ep
9 la
58
Do del), ctf.s. -li
7 la Jan 28 10igFebl3
54 12 55 14
64 14 5434
521^ 54
54'8 55
541-] 553.1 Hocking Valley.
5434 55
9,810 41 Jan 3 .5534 Maris 30 'a Jan 427, Be<;
75 '2 757g
75-14 7OI4
75-34 7018
75 14 7558
75 '2 75 7e
751-2 7612
0934 Jan 21 70 la Marl 1
Jan 7434 l>e<
58
Do pref
0,837
I3II4I3II2 13112 132-% 132 1321a 13218 132-''8 132-\135i2 Illinois Central
131 131
24,798 127=i» Feb 1 130 Jan 9 110 J'ut- 1.3234 Dec
30 '2 311-2 owa Central
2734 3034
26
27
27 la 27 12
29
3034 3178
20,035 21 Jan 21 317gMarl4 11 78 Jan 2739 Bee
311a
59I2 61 It
•63
54 14 60
5333 5412
54
GOI2
60
22,075 48 Jan 21 61i8Marl4 39 Sep 58 Kar
671a 5934
Do pref
2712 2934
2812 29
2Cia 281-2
28^8
28
28
3,950 21 Jan 8 2934 Mar 9 10 J»u 35 I>ec
281a 28 12
28 Kanawha <fe Michigan.,
19 '4
20-2 20 '2
7 Sep 17 4 Apr
19
19
19
19
19
20
20 V
191a 1978
ansas City So. vot. tr..
4,950 13i2Jan 4 2<JiaMarl4
44I2 45
42 14 421a
4234 431a
41^8 il^'s
4379 441a
42 la 42 7g
Do pref. vot. tr. ctfs. 12,475 35 Jan 4 45 Marl5 27i2S'.>p 43a8Apr
8I2
*8
*8
*8
*8
6 I>ec
9
9
9
9
912 Keokuk & Des Moines...
8
8
800 534 Jan 3 lOiaFebiyii 3i2M»y
•30
*30
*30
*30
*30
36
35
35
36
24 Jan 2 33 Feb 18 14 Si Oct 33 Dec
35
Do pref
42i« 4218
*41
4II2 411a
43
4434 46-34
4,925 3934 Jan 21 47 Marl3i, iWSMiirl 52 Dec
421a 47
45 Iake Erie & Western.
441a
-i Do
113 113
113 117 *113 118
113 113
113 113
117 117
pref
2,700 108'.<Jan21 117 Marl3|i 8314 Feb. 115 Bee
*210i4 250 L. Shore <fe Mich. South'n
•2IOI425O
2IOI4 250 *210'4 250 + 2IOI4 250
2IOI425O
-{235 Febl8 J235 Feb 19 H 97 Jan iaio »«(
76I4 77
*75
75
75
80^2 80 12
75
78
75
75
75 Long Island
1,354 07 Jan 3 8«iaMarl4^1 47iaJ*ii
93 12 93^8
95 ig
9434 95 14
9538
94 7g 953,
94
95
95
47,018 84i4Jaa 4 95-i8Marl5! 168-34 Se|« 89 4 Dec95 Loui-sville <fe Na.shville.
119 11 975 II9I4I2I
120 120^8 12034 121 12 120-'=8 121--'8 xl20 '412114 TlTanhattan Elevated... 108,110 111 Jan 21 120i3Jan 12i 84 J'ueJH»7gI>ec
165 12 167
165 IC6I4 1651-2 IGO^s 160 167
Jan 21 174 Jan 2' 14334 Sep 182 Pb)i
105 100
100 107 i'J-Ctropolitan .Street
5,4.50 158
•32 12 33
33 '4 33 la
§3314 33 14
33
33 la 3334 *34
1,030' 27 Jan 9 3334MarM: 244J;ui 374AB1
33
litet. West Side El. (Chic.)
'
88I2 88I2 *88
"
*88
*87
89 12 *88
*8.S
90
100 791a Jan 16 884 Mar 9 76 Feb 84iaI<o^
90
Do pref
88
17»8 17 It.
19 14 I9I2
1912 2138 Mexican Central
1734 I8I4
1834 1938
18
19
65,050^ 1234 Jan 21 2l»8Ma''l-'5 104 Jan l?»8©ec
6I4
3 -Ig Jan 24
Maa
2*8 S«p
5
712
718
0'2
3 Marl5
712
714
7
6*8
678
61a
8 Mexican Nat'l ti-. receipts 50,983
*107
107 14 Mar 4 107i4Mar 4 t«104 Jan 115 JPH.
*107
*107 .... Michigan Central
811-2 83
7712 78
7812 80
77
80
8234
Minneapolis & St. Louis. 17,970, 07-34 Jan 19 83 Marl 51 45 4 J'ne! 71 4 Dec
•761a 77>2 ill
»108 110
111 '2 114
1,950:10134 Jan 7 114 Marl 5 874J'neil04i4lfcv
Do pref
1091a 109 12 199 la 1091a 1091410912 110 112
*17l2 19
*17ia 19 12
18 12 19 Minn. S. P. <fe S. S. Marie.
Jaa 9 14 Sep 27
1812 19
500| 18 Jan 11 21
*47
*47
52
52
50 Mar 6 55iaJan 2 47 Nov 69 Jepr
Do pref
•201-2 2034
9 Sep r74Dec
22 14 24 Mo. Kansaa & Texas
2II2J
20^8 21 14
Jan 21 24 Maris
21
.53,655 15
21
22 la
221a 233*
64*8 &514
5434 55 12
65^2
5778 5834
65
5078 5734
Do pref
97,150 43i2Jan 4 61 Feb 5 25 Sep 474J>««
55 >4 67 la
"
ig
.m 724 B«^
93-i.t
89 'g 90«4
9334'
92 12 93
90
9234 9312 Missouri Pacific
93
92
38,7(K0 09 J an 4
921a 93 »4
ne 49 D*c
•80
*81
81
44 Jan 21 80
8I34 *81
82
Mobile & Ohio
nR^4M»>
» 193 1-2 195
194 190
195 197 12 194 1901-. 195 190
195 190 Morris* Ef,sex
4 111 I2 Jan 8 19334
l>er
14334 144
11334 144 14 I43I4 145
144-\ 144''8 144 144-'8 144 145
Central & Hudson. 14,511 13938 Jan 21 147 l-t-Ulo; li5i
]itlC
11
2OI4 20 14
2012 2«34
21
2278 2338
21
2234
Y. Chic. & St. Louis..
5,810 17S8-lan21 244Jau 2
21
•20''i 21
•98 102
100 100
100 10214 101 101
102 14 104
3.550 97 Mar 1 109 Jan 10 75 J 1^ . J I. Bee
103 104
Do l.stprof
•49
*49
&1
5034 51
5034 51
51
5212
53
Do 2d pref
2,910 47 Mar 1 564-1 an 2 29 j'n.^ 3«*4©ei
51
55
Jan
Mmr
•134 137i» *13.0 1361a 130 138
Ji;M4Janl5 13» FcbSI
136 138
136 138 *130 138 N. Y. Jjack. & Western. ..
Jan
*207 212 «209^ 2IOI2 «210 210
SO-^-iOiiSiFebC 213»8Jan
208 212
208 214 *208 214 N. Y. N. Haven & Hartf.
D»c
3234 33I4 N. Y. Ontfifio & Western. 33,940 28i8Jau21 354Jau
Si's 3S
3218 3234
3238
32
3178 33
321a SB's
50 14 61 14
4S»8 491,
SOits
497, sola
52
52*8 Norfolk ife Western
76,456 42 Jan 10 52 i^) Marl
49
5178
61
Jaui
*84i2 87 12 *85
•85
64 Mar OJ1 67
8534 86
8G
8534 86
Do adjustment, pref. 1,000 82 Fchl3 864"
85
87
80
8334 3414
84 14 851*
8-1 ig 847,
8418 85
8434 8578 Northern Pacific Ry
01,195 77 14 .Tan 21 90 Jan 6 45»4.sep ;
8438 8434
87S8 87^8
ig
9
8414 JanSl 89 Jan W 67 Se]) fu 4 wri
88 14
88 14
Do pref
8734 88
877g 88
6,009
88
88
88
88
•52
lUJan 12' 46 M;>v, P'i N«t
*52
64
5339 54 7g Pacific Coa.«it Co
900 52 Feb 1 S- ,
"."iO
54
53
•87
*88
*88
89 Feb 25 94-34Janl(». 824Sep fXiUORc
93
Do Istpref
93
93
"'120' 03
68 Janl2]l57 Ma>iti940et
Jan 8
•6S
*62
*02
67
Do 2d prof
63
63
64
67
75.420.142i4Jiin21, 1534Mar 5 1243gSepn494I>ec
1S«^ 151^ 151 1613» 151 14 163 ig I6II2 153
ISl's 15218 15134 152-38 Pennsylvania
Dec
5 Jlid IS
28^2 3»
281-,
20 12 28
271-;,
2Si-jP6oria<fc Ea«tern
19, 120 1478Jan22 304 Marl 1
28
281a 3018
8
271a 28 Hi *27
•58
65 >Vb2.-> 20 Jaa 35 Bee
334 J an
61 1« *58
700
ViH S8i« 5818 "58
58
02
58 Pere Marquette
62
60
•76
79 Ja*i 2.'< 5>i4 JfJ) 734t>ec
*75
70
7434 76
•7434 77
Do pref
66 72 Jan
77
«73'a 73 la *75
77
*67
57 Jan 30 02 Jan 31 4S3,s.ev
*59
*58ia 61
*59
PiUsb. CiB. Chic. & St. L.
61
•681a 61
01
61
•581a 60.
"2()6 88 Jan 4 95 Jjin 25 78 Jnc 94 Jac
•92
*92
*92
*91
Do prcf
93
93
93
92
»2
92
92
92
30 Jan 7 15 S31^3 32
32
32 14 3234
33
33 \ Reading, vot'g tr. ctfs.. 37.050 241a Jan
3338
32
331a
321a 33 14
BCe
77 Jan 5' 49 J
74 '4
7034 71^
7134 731a
1st pref. vot. tr. ctfs.. 104.405 081a Jaa
73
7178 73
721a 7314
717a 73 12
Dee
47^J»u 7 2:^'s^
42 '4 4339
44 '4 45 14 2d prei. vofg tr. ctfs... 50,740 38 Jan
41
41121
42 14 44 12
4234 4334
4 2 -la 4234
ixc
70 Feb Gi 43'4J^
*«5
*62
*65
65 Feb
8S
*65
"65
05 Bio Grande West-ern
85
85
86
9738 Mai- 8i »« J.I.,
700 93 Feb 16
9634 *96
Do pre./
9ii\ 96*4 *9634 99
97
97
971a
'
Dec
i
:^i
•11>2 121a *11
77, Jan 21 144lJ^b ;
•11
1234 131-;,
3.0€<>
12
1234
Ilia 1134
12
llVi^
St. J. & G. Isl. v. tx. ctfs.
691,
Do Istpref. v. tr. ctfs. 2,845 58 JsB 29 73 l»el) >
69
68 la 68^2
68
673* 68 14
68
68
681a 681a
1
27 12
4.100 20 Jan 4 30 ¥ob I
2734 29 1*1
Do
prcf. V. tr. clfs.
•Sfr^ 261a *26
26
26', 27
27
*a5
27
*'2fi
2;!
{69
5S
57',
GO
61
57 12 58 -2
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Bnnks
K»W YORK
•
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Bid
Bid AsTc
Banks
Bid A*k
Banks
Sid A^
Banks
Bajikfl
Axl:\
BajDiES
Mi*
{
;A[Mlual«
160
Irving
187
14tUStrec>tfl. 150
505 520
Sid Ask
200
Leather Mfr 230 i'bO" XiW«.TIl^I ...
f'JOS
CTTY
Fourth
3*0
'New .Vmst-V
LXJberty
UK) 425
4««
Aiaeritttlf ... 480
.E6aUatin
600
300
Ne«- York Co rsoe
TLiitcoln
825
Amer Kiclx. t240
<;a«sevoorS',l 100
t315 320
iN Y Nat Ki 13
400
Manhaltaaf 386
A«tor
GArtteW
600
146
...
N. «• Y.»rk... 335 R4;
jMarket-AFnl 345
BoarcryV
German Am*; 125
kVtru KxcU^. 3So 400
300
27.")
lv»lli Wanltl. 110
Meekaoles'
229 "
.
BruMlwsT.... 24-S 255
German KxT,
t
ft^inics Ex^
103
IK
104
Niuih
Bntcti'BdiDr t92
. 2Ceeh<& Trail 100
OcruKUiiaill .. 500
F.ast KiTBT.
Niu-th .\Bier. JU5
.225
Ontni...
CireoBviahV 105
170
llt-U WardTf 160
One*»t*if._. tl90
150 166
i-ac
HwalttoBf
000
FtdHity^ ... 320
£]MU«C% .....ISO
]>£>«
flhathawi
l<Can«'r(Dcw) 490
8M 310 Fifth Avefl. 2750
9t^. .......
IScCpopolisJ^ 610
Ohemlaal
•225
4000 4050 Ih-^ati
.Jfilte £ L'atb 150
660" Mt Morrt;
19« 200 yPeople'sV..-. 225
MS
iFiTst.
3600 ::::JImp A Trad .S3f.
If
* Bid and ^uMsati prices; 110 s;ilefl \iea« made on this day.
{ Iioas ttaui 100 sbarM.
I lix riguva.
H BauIu uMrkeA niVk » jar»«i»?* <D
t Sale at Sh>«k Kxctiange »r at aaoeou tkis
CS«y
Oolonial U . .
Cvtuinbia^ ..
CwuB&eroJ...
Onntineotid
I
.
.
1-1
I
i
.
*m
<3D
•3^w5«:
^2S**St^
«« 3***^
.
.
520
STOCKS
Saturday
ifenday
Tuesday
Wediiesday
Thrtrsday
March 11
March 12
March 13
March 14
NEW YORK
Friday
March 9
March 15
74
74
41««
74
43^
73^8
4238
8S
86
86
0914
701a
2738
&8>s 5938
27 12
59 14
44H 45
441-2
23*4
773«
28^3
»121
1334
o4
24 1«
78»8
29
i;P4
V
90H
01
S5>4
85>-.
73«s
431a
281-2
(iOis
451*.
24
241a
78*8 791a
28^8 233!4
12213 120
34
122
1334
i:5^»
34
341,
*71ia
72\
73'4
69^4
281a
5959
4438
241*
72
30
441a
24 14
78\ 79
29^ 31 1«
78»4
30*8
120
14
337g 36
721a 723*
181.2
311a
181a 18^8
43
170
101
44
2434
2434
75*8
24'4
87
37
85
36
n9o
71
711-2
8^4
S7»4
•434
•25
8734
6
39
71
81a
518
•24
26
5434
54^8
94
36
94
94
36
SGV
801a 81 14
SS^a 3334
6*34
311a
191a
55
3II2 311a
1978
19
45
4578
75 \
25 '8
89
38
192
40
74
S-a
25 14
24
*155
3134
5 Is
26
58
96I4
361a
81 34
24
8 14
SHzj
36
257g
26
36 's
53 14 561a
57^4
041a 9534
931a
361a
81
3878
81 14
39i«
938
95
3678
8I34
3914
971a
I4OI4
97 14
139
119 120
*93
95
62
62
10138 102
15
72
15
72
1479
141a
46I4
2O6I2
918
938
838
*93
95
62
62
101ial02
I2II2I23
147 147
12238 I23I4
46
203
74
3714
578
6
2739 2734
54 18 5538
9334 9434
36
361a
80*8 8178
381a 39
97
9738
139 14OI2
12034 12034
6I2
2734
538
5 la
4034
37
37
*6ia
714
7
451-j
125
4512 46
204=2 20412
91a
91a
101-2
•678
678
678
7
45
118
714
6
678
30 14 301a
3018
30
30
3018 30 14
30
7913 79 12
80
80
8O34 81
80
811a 811a
801a
•80
80 13
80
&a
81
80
82
801a
801a 81
*97 100
*96 100
•96 100
*96 100
*98 100
*12
*12
*12
I212 I212 •12
15
16
15
16
4034 41 14
39 ig 40
4078 4II2
4038 4034
3979 411a
•92
*95
96
95
9434 95
95
95
95
95
•15
I5I4 151a
lois 15 14
15
16
151a 151-2
15-4
•86
8658 86 5,
8778 8778 *86ia 87 12 *87
88
88
42 1« 43
4234 43^8
4218 4234
4238 4238
431a 441a
SO
30«8
1-:
*74'-8
7612
45
451-2
10134 102
•7478 7678
4512
45
991a 102
521a 53 ^^4
xlOOSg 101 14
53 14 53 13
102 102
*32
33
33
•150 162
156
•75
*8l4
3434
35
162
347,
351a 36I4
1634
67
12
121s
74^8 75
1334 1878
6818
68
141
88 14
•22
71
•4
1714
671a
63
23
71
4I2
631a
55
30
3078
*15ia 161-2
87234 7234
*58
12
75
3638
7434
205
1718
67 14
63
16^8
67
*61ia
23
4I4
5478
3134
31
*15ia
72I2
140
88
187r
16
7278
19%
?1938
5 7 -Is
*58
§140
88
881a
1421-2
77
77
77 14
?9
9
34 14 35 14
9
353.
105i8l06'i8
351a 351a
74 14 741a
74 14 7434
•205 208
1618 17
66I4 67
•61 la 63
60
?59
63
12 '41 1238 I312
75-'4
7534 76
181a
671a
35
105
34
24
63I4
521a 5379
101141011-2
1037e 105=8
3558 35=8
7II2 72
4I4
45I4
102 la
*30
*8l2
9
3538
3534
7434
74 14
208 ?205
74
208
Gila
•22
23
*70ia 711^
4
4
6334 5414
SII4
31
•I514 161a
•7114 73
681a 581a
*8ia
78
I6214 16478 *160
35
3579
35
102381041a 1031a 104
8I2
102
101 14 102
*30
35
7712
81a
78
4434
10138 IO214
53
531a
77
•75
10338
33I2 36
73
7334
207 20734
1634 17
67I2
67
8778
45 14 451a
lOlia 102
537^
53
100 1011-2
*30
35
160 I6II2
7712
9
103
ei40
•77
781a
44 la 45 12
7678
767e
205
53
3034 31
I5I2 151a
72I4 73
64
1678
25
72
4
54
54
2512
67
72
4
54I4
31 14
16
73
7338
641a §6514
3012
*15ia
66
1234
7534
18^8
207
1638
661a
241a 2434
*71ia 72
*4
413
1318
1234
76
7534
*1858
58I4
I918
5818
Lowest
300 57
Jan 29
75, 105 2II2 Jan 4
2. 200 79
Jan 2
24, 250 531s Jan 4
52, 270 17
Jan 4
49, 18» 411a Jan 3
42, 985; 4034 Jan 4
59, 575 18
Jan 21
31, .5:^7 67 14 Jan 21
23 14 Jan 3
80, 628
118 Jan 3
1.
MiscellaHcous.
Express
Adams
malgamat-ed Copper...
Amer.Agricultural Ciiera.
24
75
753j
Do
1278
7534
191a
5Sia
68
58%
14314*142 144 *142 145
8838
871a 89 1«
885s 891s
Lowest
Highest
7278 Maris; 31i4J^e
3514 Marl 5j
834 J'i>e
64 12 Marl 3' 2178j'ne
49i4Jan31j
25 la Mar 4'
79i2Mar
SO-igJ'ne
SlSgMarlSj
129i2Jan 9
4534
Dec
45i4Mar ISSigJan
Maris
Marl2
7 3 la
18% Deo
45% Dec
lO^gJ'nc 2338 Dec
49i4J'ne 73*8 Deo
131s J'ne 2634 Deo
4!
19
36
Deo
55
Mar 5
61i2J'ly
70*4 Dec
147i8Jan30 136 Jan 146 Deo
97 la Feb 7 4438 Jan 8138 D«c
9934 Feb 7 70 la J'ne 853gDeo
1934Marl5
61a Mar 14 Dec
35=8 Marl 5 16 Sep 27 Deo
1579 Feb 16;
8 J'ne 13% Deo
60 Feb 7 4410 Sep 58%BIair
3439 Feb 8 21^J'no 33i»Atax
2178Marl4' le Sep 2034 Apr
4834 Marl4; 30 Sep 57 Apr
3831a Mar 9 ^8514 Feb21
Jan 21 2534 Marll
9,211 67 Jan 19 7579 Maxll!
5,450 2412 Mar 9 311a Ja« 3
86 Mar 1 911a Jan 8i
75'
pre!
American
Highest
74 Mar 81
4758Marl2!
359 J'ne 24i4Deo
88 Marl2i. 64 Sep 78 Dec
110 n45 Jan 8 nfi5 Marl2 111 Jan 3150 Nov
89,890 8334 Jan 21 10334 Mar 6, 3934 Dec 99% Not
200 30 Febl9 321a Feb 16
Otet
&
Foundry 50,285 19
pref
27 12 28 12 American Cotton Oil
*85
87
Do pref
12 la Jan
2538
Not
72 Bee
J'ne 3734 Apr
3334 Sep 100 Apr
2 4 78 .Tan
37 Not
?142 Mar 191 Dec
27 la J'ne 49% Apr
60iaJ'ne 78% Feb
6 Nov 16i4Feb
34i2Dec 60 Feb
734 Jan
3 J'ne
1379 J'ne 34% Jan
3412 J'ne 56%»ec
85 J'ne 99 Nov
17 J'ne 50% Feb
64 14 Sep 86 Feb
281a J'ne 59 79 Apr
69 12 J'ne 95 Feb
95i4Ma,r 149 Deo
107 MAr (118 J'ly
«87 Sep ?98%Jan
18 J'ne 57% Deo
7©34 J'ne 92 Dec
841a J'ne 11459 Dec
128 May 146 Feb
21i4Dec 22 % Dec
76 Dec 7634 Dec
5739 J'r-
30
American District Tel' gh.
100 34 Jan 30 37 Fob 28
198 American Express....'
1,711 n69 Jan 12 196 Maris
4OI2 4138 American Ice
35,845 341a Feb 21 4138 Marl5
75 14
74
Do pref
21,210 67 14 Mar 4 75 14 Marl 5
«8i8
834 American Linseed
518 Jan 24
2,415
934 Mar 5
37
37
Do pref
2,285 31 Jan 24 39 14 Mar 1
6
6 American Malting
2,800
41a Feb 4
61a Marl 3
2738 271a
Do iirei
4.400 24 Feb 1 2734 Marl 3'
541a 55 ig Amer. Smclt'g & Relin'g. 75,135 4559 Feb26 651a Jan 1 5[
9434 9539
15.872 88 Feb 2 6 100 Jan 16
Do pre*
3618 3658 American Steel Hoop
10,3»0 23 Jaul8 3734 Feb 26
8I34 817s
io.:;f)(»
Do pref
69 Jan 18 86 Febl8t
3838 39 American Steel
Wire.. 22,835 38 Jan 21 531a Feb 11
9738 971a
5.578 S334 Jan 21 101 12 Feb 25
Do pref
I3912 1411a American Sugar Refining 189,98(r ISlio Jan 21 14734 Jan 2
12118 12118
663 1171a Jan 3 124 Mar 7
Do pref
'<94
American Tel'gh <fe Cable
Jan 7 «97 Feb 6
62 14 American Tin Plate
62
3,273 55 Jan 4 79 Feb 25
IOII4 102
8.886 87 Jan 19 10238 Mar 4
Do pre!
123 126 American Tobacco
170.350 11012 Jan 21 126 Marl 5
5146 146
200137 Jan 2 147 Marl 2
Do pref
I314 1 4 lal American Woolen
1,920 I3I4 Maris 2178 Jan 2
*70
115 7178 Mar 8 7678 Jan 2
75
Do pref
45 14 4534 Anaconda Copper
6,025 4034 Jan 21 49 \ Mar 5'! :r778J'ne 547g Apr
207 14 207 14 Brooklyn Union Gas
791 175 Jan 18 2081a Mar
140 Jan 183 Dec
1058 11 14
run«w.Dock& C.Imp't 6,550 83* Jan 19 III4 Mail 5
61a J'ne 16-'^ Jan
2,800 4134 Jan 21 5638 Jan 2 29 14 Sep 66%Dee
451a 46
C'(ol»ra<lo Puel<fc Iron...
*118 125
^ Do
100 117 Feb 1 122 Jafl 14 117 Oct 131% Jaa
pref
16
7,050 14 Jan 18 1858 Marl5 Ilia J'ne 21 Apr
18581 Col & Hock. Coal & Iron.
20934 212 Consolidated Gas (N. Y.). 42,300 187 Jan 18 212 Maris U64 Sep 201 Nov
451* 47
37,495 3334 Jan 4 48*8 Feb27 21iaMjiy 40i4Deo
Continental Tobacco
107 IO8I2
8,366 93 14 Jan 2 1081a Marl 5 70 May 95 Not
Do pref
2638 Crucible Steel of America
25 Feb 20 2778 Feb 15
84
1,670 81 14 Feb 26 84 Marl5
84
Do pref
700 88 Feb 19 89 la Mar 5 89 Sep 98% J'ne
Detroit City Gtas
4234 4312 Federal Steel
13,135 41 Jan 29 59 Jan 2 2334 J'ne 58I4 Dec
22,207 68 Jan 21 90 Feb25 6O34 J'ne 79% Deo
891a 90
Do pref
1,100 72 Jan 2 8518 Marl4 64 May 81 J'ly
Gas <fe Elec. of Bergen Co.
211 212 General Electric
4,400 183 lo Jan 10 218 Feb 20 120 Jan 200 Deo
4734 4734 Glucose Sugar Refining..
990 45 Febie 53 Jan 2 44 May 60 Not
100 9334 Mar 5 9734 Jan 5 92 De* 103 Not
Do pref
1,800 20 Jan 22 25*8 Jan 5 14% Mar 2678 Not
231a 231a International Paper
a;7334 7334
3,589 69 Jan 21 76 Marl3 58 Mar 75 Not
Do pref
7038 71
10,400 54 7g Jaa 2 74 Mar 8 24 J'ne 5534 Deo
iBternaUonal Power
5I4 Feb 7 11
514
3l4Aug 1079
Jan 5
1,600
6 International Silver
30
3014 Internat'l Steam Pump..
2,410 24 ig Jan 22 30 la Mar 8 28 Dec 2934 Deo
la 801a
80
1,590 74 Jan 24 81 12 Marl 3 76 Dec 77% Deo
Do pref
81
2,700 70 Jan 18 85 Mar 5 65 May 80 Jsm
81 Laclede Gas (St. Louis).
95 Jan 21 100 Feb 28 96 Jan 100 Jan
Do pref
8I4 Jan 28 1434 Jan 7
6I4 Jan 1334 May
*10
100
16 Manhattan Beaeh Co
4038 405^ National Biscuit
11,395 37 Jan 21 43 Jan 5 23 J'ne 40% Not*92
700 92 Jan 2 951a Marll 79% J'ne 96 Feb
Do pref
951a
15
1,300 15 Marl4 201a Jan 2 1578 Aus 23i4Pe*
15 National Lead
600 82 Jan 12 92 Jan 2 83 Auf 106% Feb
861a 88
Do pref
44 la 4478 National Salt
4,400 40 Jan 7 46 Jan 14 32i4 0ct 46 Nov
27878 7878
368 721a Jan 3 79 Jan 23 69% Oct 76I4 Nov
Do preJ!
45 14 46 National Steel
19.819 37 Jan 21 50 Feb 25 20 J'ne 53% Feb
102 1021a
7,807 90 Jan 21 10258 Mar 7 7934 J'ne 97 Feb
Do pref
53
5.800 51 Feb 28 7018 Feb 6 40 7g J'ne 6978 Deo
53 la National Tube
10138 10178
3,462 93 Jan 9 IO6I0 Feb25i 8634 May 105% Dec
Do pref
*30
100 33 Mar 9 37 Jan 8 30 Nov 37 Apr
35 New Central Coal
155 165 New York Air Brake
900 1501a Jan 25 16478 Marl3 112 Sep 176 Nov
19 Is Jan 3 25 Feb 15 1358 Jan 2234 Dec
North American Co
*76
800 731a Feb 14 8212 Feb 15
Do new stock
771a
6I4 Feb 4
*8ia
67gJ'ly
9 Feb
150
9 Ontario SUver
81a Marll
*33ia 3434 pacific Mail
3,140 34 Mar 5 47 14 Jan .ifi 2534 J'ne 57 Not
1047g 10579 1 eop. Gas-L.& C. (Chic.) 121,310 9534 Jan 21 10638 Jan 2 8158 Oct lll%Apr
3534 3734 Pressed Steel Car
7,750 30 Mar 7 52 Jan 2 32% Sep 5334 Jan
7434 7678
4,473 721a Mar 5 83 12 Jan 2 7034 Sep 89% Not
Do pref
-205 207 Pullman Company
445 1951a Jan 21 20834 Mar 8 176 J'ne 204 Deo
I6I4 1658 Republic Iron & Steel.. 10,800 1278 Jan 22 181-2 Jan 2|,
334 J'ne 27% Feb
x64ia 65I4
10,375 55 14 Jan 21 0334 JIar 7 49 Aug 7034 Feb
Do pref
641a Jan 14 651a Jan 7 59% Jan 66 Deo
Silver Bullion Certifs...
*24i2 25
1,200 191a Feb 5 25 la Marl 4 17% Oct 26 Not
loss-Sheffield St. & Iron
*71
600 651a Jan 22 72 Marl 2 59i4J'ne 71 Not
72
Do pref
414
400
4% Mar
4-4 Standard Rope & Twine..
31a Mar 6
"<» Feb 11
5438 56i-2[r enn. Coal, Iron & RR... 21,745 4938 Mar 7 6734 Feb 5 49 Oct 104 Feb
1,500 19 Jan 18 32 14 Mar 6 13% J'ne 2134 Dec
301a 30i2Te xas Pacific Land Trust
*15
600 127g Jan 21 18 Jan 4 10 J'ne 25 Feb
16 Union Bag & Paper
*70
660 6918 Jan 29 743g Jan 2 56i4May 7734 Feb
7134
Do pref
4,140 553 Jan 26 66 Maris H5 Mar ^5934 Dee
§63
65 United States Express...
734 J'
'ne 19 Jan
1234 13
14,110 11 Jan 21 15 Feb 9
United Stat«s Leather
*73i4 7434
4,750 73 Jan 21 79 Jan 2} 65 J ne 7914N0T
Do pref
1914 19 14 United Stat-es Rubber
2,125 18% Marll 34 Jan 2 21 J ly 44 Jan
5818 58 1«
1,305 571a Marll 85 Jan 2^ 74% Dec 10434 Jan
2
Do pref
404 1130 Jan 11 5144 Marl3^ 120 J ne 140 Deo
a42 145 WeUs, Fargo & Co
881-5 89
Union Tele'gph 16.123 81 Jan 21 91 Feb 13! 77isJ ne 88% Jaa
e.st'n
193
196
838
81-2
37
37
25
56
45 14 4534
45
120 120 *118
45
125
2334
.
8I4
165
102 12
Do
3612
S. Pr. vot. tv. ctfs.
iMt. prpf. V. tr. ofs.
.
85
2334 2438
741a 7538
2734 28
241a
75=8
271a
45 14
4434 4434
125
118 125
I5I4 151a
1538 151a
1534 16
161a I5I2
151a 151a
208T8 210
2071a 2091a 206 209 14 20834 21134 209 21034
46I4
45 14 46«8
4534 46
4534
4634
46
441a 457g
•101 % 102
101 la 103 ilOlV 102 14 10278 10334 10334 106
•2534
*25ia 27
27
83 14 83 12
83 14 83I4 "83 ii 83 14 •82 la
?84
8434
89 14 8912
89
891a 891a
89
43 14 433.
43 14 437,
43 14 437,
43 14
4334
43
431a
88S* 891^
89 14 89781 8918 89 12
88^ 89 14 89
891a
8434 85
8518 8518
8438 8438
8458 84\
212I2 2121a 211 211
213 215
211 2161a 2131a 21434
49
H758 48I4
491s
481s 481a
«94
95
96
95
2214 23
23 12 •23
2312
23
231a 231a »23
24
7538 76
75
7434 751a
7512
7478 75
75
75
7012 73 18
73 47312 72!^ 731a
7338
701a 7158
721a
45
•115
155
101
170
9934 10218
7434
7534
75
25 14 26
27
•85
*85
87
87
3612
37
361a
192" 195
196
i95" 196
3938
39
3938
39
39
*71ia 74I2
70
73
711a
37
9I4
9
55
201a 21 7j
47 13 4834
2138
4712
4578
81
395,
3834
38
97 14
97 14
96
97
96
96
I39I4 I4OI2
isgvs 1411* 1381a 141
•120 123 112134 12134 512612 1201a
•93
*93
•93
95
95
95
61 34 6218
6I34 61 7^
6I34 62
100»2 100 12
101 101
981a 101
120 121
I2012 120'8l 121 123^4
{14512 145 12
147 147
•15
1534 1534
16
873
73
73
46
4612
4634
46
46
'205 210
206 12 2O6I2
208 208
8O34
1434
5434
3118
5434
Range for Year 1901 Ranfe for Previous
On basis of lOOshare lets
Year (1900)
^
353p
1518
LXXH.
Week
Shares
.
85
18 'a 1938
31 7e
&
Do
[Vol
7II4
Do 2(1 prcf V. tr. ct.t.s.'
3514 St. Louis Southwestern..
33
63 14 6414
Do prcf
44 g 4538 South pm Pacific Co
24*8 25 Southern voting tr. ctfs..
7334 79
Do pref. Tot. tr. ctfs.
3«7g 311a Texas & Pacific
hird Avemte (N. Y.).
"171^ 1834 Tol. St. L. & W. V. tr. ctfs. 55, 2421 1034 Feb Iff
34*8 35=2
Do pref. Tot. tr. ctfs. 20, 532 30 Feb 1
Twin City Rapid Transit.
1, 500 653.1 Jan 21
Do pref
17 1471s Jan 30
9118 9234
rnion Pacific Eailway.. 88, 4.i0 78 14 Jan 4
I'
853.1
85
Do pref
n. 066 8158 Jan 21
1934 XTrabash
19
28. 510 Ills Jan 3
3434 35^ *> Do pref
147. 430 2334 Jan 4
15'2 Wheeling & Lake Erie... 13: 059 llSg Jan 31
15
55
Do Istpref
53 14 Feb 1
561a
1, ,S20
32
3258
Do 2d pref
2712 Jan 21
4. 005
2OI4 211a Wisconsin Cent. v. tr. cfe. 47, 452 141a Jan 21
4734 48 14
Do _ pref. vot. tr. ctfs. 26, 987 381a Jan 17
8434
33
*84
2534
37 Is 38
53%
34
3234 3378
1518 ISH
the
Adirondack...
68*8
90 7g 9134
34 14
I518 153«
•>8
'160 175
?160 165
997,10134 10038 101
165
102
30
30
91
55
15=8
56
72«a
4434, St. L.
86
&
Law.
7333 St.
43
86
1221a
17 7g 183a
351, 355b
721a 721a
9034 92
8478
1818 181a
85 14 857s
18
181a
341-,
*155
101
192
39>4 40
72*2
n47i8 1471a
Sales of
STOCK
KXCHANGE
7338
*120
122
19
34 13 36
1734
18'.i
85^8
43
•85
•36
•188
GO la
I22I2 *121
331a
I5I4
43
24%
301a
241a
9034
1834
«83ia 83 >2
24I2
24
75 '3
76
71
60 13
45
91341
18^
99
44
88
H
90*4
85*8
*54
31
7314 73I4
4234 44 ig
4714
*86ia 871-2
83
7014 71
7278
3358 35
34
6412
631a 64I4
45I2
45
45
2413
2434
24
79
781a 79
31 la
31
31-V
74
731-j
43 14 47«8|
87
88
18
1«
31«g 34=»
14»i 1558
66H 65 S,
3X»2 SIVj
»165
1
Stock Record— Concluded— Page 2
BTOCKS—HIOHEST AND LOWEST SALE PRICES
Si
69
5
.
.
&
,
1
J^
BANKS AND TRUST COMPANIES-BROKERS' QUOTATIONS
Banks
Baska
JTEW YOEK
Ask
Bid
CITY
TJcioBSgH... 235
We8tSi<feU.. 390
Western
'
Tortvillell
.
[vBroadwayU-
UroofclynU
..
"8th Wardiir
Aslc
110
Mech
& Tral]
200
270
Merchante*.. 100
Nassau
225
266
110
..
85
285
275
Nat City
North SidelJ. 175
190
People'sH
Scherm'h'n U 170 14
Banks
\
1
Bid
17th WardTI. 105
Sprague
Ash
115
210
26th WardH. iko"
Manufactrs'. t285
Mechanics^
510
230
BKOOKLTN
;.BedforaTI...,
Bid
5 th AvenueH 100
First
300
Kings CoH... 110
Unionll
120,
WaUabout^
.
Farm Lo&Tr 1500
Fifth Ave Tr 530
105
300
N. T.
C'lR'tyB<feTr 360
Bid Ask Trust Co's
700
BROOKLYN
N
1325 1385
800
Brooklyn Tr
265% 1270 Flat bush....
Rejil Est Tr't 350
lYaHkUii
StandardTr't 280
HauiUton
225" Kings Co
Tr Co of Am. 220
Tr Co of N Y
L IsiL&Tr.
Union Trust 1395 1415 MaDufact'rs.
USMtg&Tr 440
Nassau
Unit Stat«8 1692
People'*
t
Washington 306
WilliamsTS'g.
t
Guaranty Tr 600
Knick 'rb'k'r 525
Manhattan .. 350
Mercjintile .. 310
Trust Cos.
CITY
Atlantic Tr.. 1250
Bowl'gGreen tl87
Trust Go's Bid Ask Trust Co's
Central Tr'st 1990 2010 MortonTmst
Y L I <fe Tr
City Trust... 350 370
NYSec&Tr
Colonial
t400
North Amer.
Continental 400
......
Merdiants'.. 315
Metropolitan 500
Bid
Ask
415
165
290
290
4I4I4
260
320
J95
350
210
326
21s
1
prices; no sales were made on this
Excbauge or at aaotww this week.
*
Bid and asked
t
Sal« at Stock
day.
i
Less than 100 sharoa.
t
£x ri^^hts.
\|
Banks marked witli a paragraph
CB)
are State banks-
O
J
New York
M
J
.
Stock
Exchange— Bond
Record, Friday,
.
•
Weekly and Yearly
OCCUPYING FOLK. PAGES
BONOS
N. T.
WEEK.liNUING BIA8CU 15
Week's
Price
STOCK KXCHANGB
Friday
March
:<;*^.
Range
Raaige or
hagl' Sale
JeLutMry 1
Ask Law
Mid
u, S. GcVFI'UIDCUt
.tJS2» cennol registered. (il930
rfl930
coQHol ooupou
S'2s connol reg small.. dlOSO
All. (^1930
TJ S2s cocsol <;oiip8Di
fcl918
TJ S38 ro.gLstcred
fcl918
t; S3.S Coupuu
38 res small boB<Ls..fcl918
sriiull bonds. .7cl918
3a cou
/il907
4.'! registered
li
Miyh
A'o
KXCHAXaE
N. Y. SraOCk
WEEK Kndi.no Ma£i:ii
Low High OBtral of
\0-,\
106'-.
•41057,
FebOl
111^ 111
Mar'Ol
105^4 Sal«
106
105'h
111
111
US
US
US
IIII2 110'*
110'-2U1'2 111
1>5
<fc
N J —f Ctntinuedj
Hiid
llO'-i 1111-2
110-'4
Mar'Ol
110
113
111
—
1141-2
113''4 11 4 '2
100
102
1
1939
KegLstcred
General gold 4 "28
M
»
10234
1163,
108i2Sale
.
S»
Lovj
High
106
1163,
K)6
19 '102 la 104
1
119
122
117
107
1939.
SiTtee
Jan-uary t
10234
119
121 "a 12134 121 14
Rang*
-a
106
1
II512II634
118'4ll»
25|'l20i,122
J»ne'00
108>2 373;;i04
94i2Aug'00
•
I
High'
106
Sate
1163*
119'4
«19n A
<T«ld6»
l8t comiol g 5s
1992 M
•
19i>2M
Rpgi/itered
/il9t)7
U S 4« COHpoH
1925
137'- 3S
Craig Valley 1 st g 5h.
1940iJ
U «4h r<giKt*red
1925
Vil-'i 13H'.2
B <fc A Hiv 1 Bl con g 48. 1989 J
c«iipou
US4»
19H9J J
1117jlllV,
1904 Q2d consol g 4«
UH5.S rcginlered
1904 Q
Warm Spr Val lat g Sa. 1941 M
110 113'-2
US68 coupoa
x. <«,.. m
Kliz Lex * B S gu g 5a.. 19«2 M
Foreign Gavcrnmeiit
Chic <fc Alt RRsfuBd 6a.. 1903 M
9714 Mar'Ol
1949 A
U S of M«xic<» Hijf g 53 of 1899 Q- hese art pr ices n the b asif 9C'2 97 >4 Refunding g 33
1949 Ao/$.j(o£.
Registered
State Sccuriticn)
Co receipts
A
U S Tnmt
108 '2....
188 '2 Jan '01
Miss RJvB 1st s f g 6s.. 1912 A
1906 JAlabama cla88 A 4 to 5
108 »2 108 1^2
105 Aug:'98
Railttay 1st lien 31-28.. .1950 J.
Small
108
109 »4 Oct '0«
1950 J
Registered
lOOti JClasa B58
t3
102" ibs" Chic Bur £ Q consol 78...1»03 J.
103
103
10;
Class C 4s.
.190H-,T
110
1901 AliJ2U
Sinking fund 5.1
Ci«Tt;ncy fniidiiig 4.s
123
121 Apr '00
1905 FCfiio<fc JowaDiv 5s
Dist of Ooliimbiii, i-i>.'')rt .... 1 024
108 Aug'OO
i>enver Div 4.s
1922]F.
ItOiiiaiana ucw uunsol 4s..l914 J.J 107
109>2B'eb'99
1949 .rSmall
Illinois Div 3128
Registered
1 949 J
Hissooxi f uiKiing
1 894-1995
105
105 Feb '01
liorth Carolina cunsvl 4B.191U
105 105
Iowa Div sink fund 58.. 1913 A1919 ASinking fund -t.s
Sinaa
i'36i'2
lii'
135
Nebraska f^itension 4a. 1927 M
i"35"i'36'-2
6b.
.191»'i
.117 120 Mar'OO
Rtgistcrod
Ifl27 M
9«i4
1921 IM9612
you Mar'Ol
Southwestern Div 4s
Tenn new settleineot as..l913
96
9i>
96 I'"eb'01
96
Convertible as
1903 M
Sntall
90
Mar'Ol alS, 95Sg 96^4
96
Debenture 5s
191 3'M
gs^s
Virginia fund debt 2-38... 1991
KegiBtercd
Han <fe.St.Jos consol Ss.. 1911 M
8^ 10»4 16a T-i IOI4 Chio<fc E lU 1st 8 f cur 68. 1907'
68 deferred oertfs
Small
19071J
Railrooid
IstcoBSol g 6s
19341A
Cent See. So Ry
General consol lat 58
1937 MAlabama
Regist<^red
lata, Midi iS'M Sav Fla &
1 937 M
Albany&Susq -S?« Df,l& ifud
Chic <fc l-nd C Ry 1st 5s. 1936 J
AMogkcny Valley See Penu IIU
Chicago & Erie See Krio
Alltg cS; Wc3t See Buff li <fe P
Chic In <fc liOiiisv ret 63. ..1947 JRefunding goldSs
An Utrck (fe Im £e«Cent«>fNJ
1947 J.
78 95 101
Ann Atbor latg 4a
LouisvN A<fcChlst6s.l910 JA1995 Q-J 101 Sale 98'4 101
4104''4 Chic Milwaukee <£• St Paul—
AtcliT<fc.S lfegeQ-g4S-..1995 A.O 104 >i2 Sale 10334 10434 C99 102
lirgiatcroti
102 Feb'Ol
1995: A.
102 M»2 '4
Mcfc St P 1st 73 .^gRD. 1902 J.
94'«j356 bO-^ 94 '8
93'->«.Sal»
AdjustmcBt g4^
93
1902 J
/1.1995 Nov
Ist 78 £ gold R D
7934 Dec '99
Begintercd
7il995 Nov
lStC<feM7s
1903 J.
91 13
Stamped
A1995'Nov *93»B.
93 14 173 90
Chic MU & St P con 7s.. 1905 3
Kquip tr scries A g 5s.. .19021 J.J
Terminal gold 58
1914 J.
CliiC& St JyiuLs l,'*tt5.s..l915M-S
General g 4s series A..el9S9 JAtl KnoxA Nor IstgSs.. 194(5! J-D
Registered
105 Dec '00
fb9«9 Q.
Atlanta & l>anv See South Uy
General g 3128 aeries B.«1989 J
Atlanta <fe Yadk See Sonth Ky
Registered
el9S9 J
Ans-tia <fe
See Son Pacific
Chic<£; I>SuDi'Vg58....1921 J
Crc«k & S See Mich Cent
Chic &MoRiv Div 58...192t; J
Bat 01il©priorlg3^.1925
9714 Sale
9712
alt«fc
J-J
Chic& Pac Div6.s
1910 J
97
97 J* 170 95
Bcglstered
Chiccfe P
lstg5.s
/a925 Q-J
1921 J
G«U4a
Dak&GtSogSs
1916 J
„
W948 A.0 m^^Sale l-e*>a 105 U5 101 1» 105
Bogistered
104 Mar'Ol
402 104
Far & Sou assu g 63
1924 Jft.1948 Q-J
Suba to C8UV deb ts
183
10312 lOOJiri 103 'a
Hast*; D Div 1st 78
1911 ..
1910 J
90I4
P5tUi <fe M Hiv lstg3»!2Sl925 M-W • 9014 91
Ist&s
90^4 94
1910 J
Rcststored
pl925 Q-F
I<fe D Ext<-n lsrt.78
1998 J
Soiithw l)iv 1st g3>-28... 1925 J-J
91 i* Sale
89'2
LaCross*^ Jfc U l.st 5s....l9i;>f J
91^ 661! 88*. 91I4
Bi;gwt«red
Mineral Point Div 58.... 1910 J
?il925 Q-J
MoBSB Urv 1st gn g 5s.. 19 19 F-A
111 May'OO
So Minn Div 1st 6s
ISIO J
Oeu Ohio R l»tcg4'2S..1930
Southwest Div lst€s. .1909 J
111 J1ie'99
Beech Cr<ek Se.e N Y C & H
"Wis & Minn Di v g 58
1 921 J
Bellov & Car See Illinois Cent
Mil&No 1st L 68.... 1910 J
Bo«no Bridge See Mo K & T
1st coBsel 68
1913J J
Bklyn & Montauk See Long I
Chic & N'west consol 73..191ftlQ
Brans <fc West See Sav Fl &
Gold 7s
1902i.l
BuflaJe N Y & Krio See-Hrie
Registered
1 902 J
SolEaW R & P gen g 5s. ..1937 M.S
Extension 4s
.120 11634 Peb'Ol
115 117
lS86-192iilF
Debentnre 6s
Registered
1947 J.
1886-1 92(i|F
Wostl8tg4sgu..l998 A-O ie©34.
General gold 312S
19«7!M
Mall I8tgug5s....l943 J-J
Registered
103 Apr '97
i>198 Q
Eoch & Pitts Ist g 6s. ..1921 F-A 128 130 130i4Feb'01
Sinking fund 6s... 1879.1929 A
130 I3014
Consol lat g 68
1922 J-D 129
Registered
1879.1929 A
130 Feb '01
130 130
Buffalo & Southwest See Krie
Siuking fund 58...1 K79-1929 .\
SnfTal* & Siisqu 1st g 53.. 1913 A.O
Kegistere<l
1879-1929 \
100 Nov-gS
Registered
Debenture 53
1913 A-O
1909 .M
l«6-''gl07i2
Bur Cedar R & No Ist 5s. 1906 J-D 107 14 Sale IO714 107%
Registered
1909 .M
Con 1st Acoltrustg5s.-1934 A-O 125
Debenture 5s
123 Feb '01
II912I23
1921 A
Registered
Registered
1934 A-O
117 Nov'OO
1921 A
OK I F <& N 1st gix 5S.1921 A-O lU
Sinking fund deb 53
1933 M
113^2 Dec'OO
M«& St Llstgug78....1927 J-D
Registered
1933 M
Dcs Mo & Minn 1st 7s. .1907 F
190« J-J 107'»...
10738 1071-2 38, 106%107i2
Canada South Ist 5a
2d 5s
5 1081a 111
1913 M-S IOSI4.... 10334 18834
Milw& Madison 1st 63.. 1905 .\I
Registered
107ial08'4 104 Apr '00
1913
North Illinois 1st 5s
191« M
Carb & Shawn See Xl\ Cent
Ott C F <fc St Paul 1 Rt 5s 1909 M
Caxollna-Ccnt See Seab & Roan
Winona & St Pet 2d 7s. .19071
Carttiage-ife Ad &'<«
Y C <fc
MU L, S <fe West 1st. g 6s 192 1 M
CedBlaF&N Se«BCR&N
Ext & Imp sfund g 5s 1929' F
Cen Branch U P 1st g 4s. .. 1948 J -D 94
Ashland Div 1st g 6s.. 1925 M
94>4
92
95
94 Feb '01
Centna Otio See BaB-i <fe Ohio
Mich Div lat g 6s
19241
Cen liR <fc » of aa so! g 5s 1 9:i7 M-N 98
96 100
Convertible deb 5s. ...1907 F
100 Maj'Ol
CentotQaRR 1st g 5«..2>1945
lacomea
119 120
1911;M
120 Feb '01
Registered
IS-ir, P-A
Chic Rock Isl & Pac 63...1»17'J
Consol gold 58
Registered
1945 M-N 10S>4Sale lO^^B IO512 286t 97 '4 1061a
1917 J
Regislcrod
General gold 4s
1945 M-N
96 Oct '00
1988 J
Istpruf TBcomegfia
7214
Registered
^194:5 Oct
71Hj^Sale
7114
1988 J
7214 122 60
34I4
2d prof income g 6s
36>o
3612
DesM <fc FtD 1st 4s. ...1905 J
20
j)1945 Oet
35 ^ Sale
"02
Sdyref niooo>og6s....j>1945 0ct
I8t2l28
19 12
1&1-2
18
8
1905 J
19
17H
Mac<fe NorDtv Ist g 58.1946 J-J
Extension 4s
95 Dec'99
1905 JltUCia& AnDiv68....1947 J-J
Keck* ©esM lat 5s.... 1923 A
102 J'ne'99
Moliile Dlv Utg5«
CfeiOifeStL S^eAtchTASaFe
1946 J-J 107
106 Oct '00
Cantof N J lstcon30l73..1902M.N 107 108 1071a 1074
6..10fi''8l07i2 Chic St L. <fe N O See 111 Cent
Qeneral gold 5a
1987 J.J 134 Sal« 13334 134>2 5613 27 137H ChicSt.
Pitts Xc-'PennCo
RpRLSlcrcd
M987Q.J 1S2 Sal« 131
4 127 13T
CkicSt P M & () con 6.<;. ..19301 J
132
Am Dock & Imp ga 68.. 1921 J-J 115
1S.,U3 115
ChStPAMinu lstg6sl91SJ«
115
115
113>.2ll3'2 113 Mar'Ol
114 114'-2 113»4l'eb*»1
138 138'2 137''. Mar'Ol
138 SaJe 138
13!i'i
lll>2ll2'a 11 1^8 Mar'Ol
Ill's 112'a 110»4Feb'Ol
Ask Low
Sid
'5
Rf.rvfe or
LtLUt Sale
March 15
R
.
WeeHa
Price
f'riduy
^
gen gTrg/S* 1920 J
10W1O5I-2 106
Leh & Wilk.s B Coal 5a. 19 2|M
105 '4 lOti
()t>a ext giiar4'-2H
fflSXO Q.
Cent Pacific Se^ So Pacific Co
10.0 '4 10534 Charle** Sav l.stg 78....193e J.
1091.2 111
Chwi & Ohio g 68 i>er A../i.l!»<>8lA
lA:
V
;
Siiuce
\Qi'H'.'.'.'.'.'.
1061a Sale
MgTa
NovOO
103
106
15, 10434
lOG'-j
l«l'2Pefc'0]
la
100'4
100'4
10534 Jan '01
100
186«^
103
101>4Apr'99
10034
IO514
...
104
93 la 93 la Mar'Ol
92
92'
85
100", 102 H,
10534 10534
8434
Salo
85
92 la
92 12
JI4
91 14 93
13
257
831a
88
•
'
.
'
W
109
IO914 IO914
102 la Mar'Ol
10434 Apr'OO
.
lOlia.
100
l»»l«l«9l4
leiiaJOaia
Mar'Ol
1*4
102 10213
ir3 1,1041,
102
104
1033» 104
11334 Nov'OO
107 Mar 01
112', 112s»
Ill's J'BC'90
116
1061.
112', Sale
1123,
1051, 1«7
112*8
10 112
lOOi-j Oct '00
loOU 151 la o 114114 151>a
35 lie 112
112 Sale 1113» 112
I2012
121
5 121
121
128 14
II3I2 Mar'Ol
11313
113 113«2
,
13913 13912
I2OI4
125
115 Aug-OO
140
*126
*120
119
109
115
MarOl a5 11234 120
120
122
13Si4l39'a
12«>4
47 H115
120
5115
120
120 »4
1081a Feb'Oi.. ..|1067,l««ia
11^113
II512 II412 114»j
1141a
185
185
172i,Apr'00
190 Jan '01
.1
•
184
185
m
|188i2l!»0
lS4iaMar'01(...j 118212
11434 11434!
115
S 11434 1M34
113i2Salo 113 'a U3i..!U 112^1411412
1051a Feb'9«
•
NW
W
'
US
. .
M
W
AU&
a*
"
*119l3
12234
118 Sale 118
121 12 Sale 12112
N
H
FA
12212 1221a
118
li*
12134
ai9'H»122-
*115l2
*135i2
125 127
*110ia
II6I4 Mar'Ol
137 la J 'ly '99
11834
*110ia
llSisJan'Or
llOSaJan'Ol
118 119
*117
*119l2
119
12II2I24
1401,
107
US la
119
115*,ll6i4
.-a25i4l2S
126 Mar'Or
110i4Jan'01
187 Jan'Ot
..11101411014
..Il«.>l4l»7»,
ar77,ii8i,
.^110»,1105,
..
.
41U17i2lifli2
1191-ji
117iBJaa'01j. ..117 ir7i4
120 Feb'Ol . .4.11934 120
11193,119a,
11938 Peb'Ol.
12112 122
121 la l'->2
1 13934141
1401a 1401-2
107 la Jan 'Oil. ..tl87 141071a
l!;i07i-2l»7'o
107^, 107",!
109 Jan 'Oil. .109 109
107 Mar'OOi-
Jan
110
103
110
;,io9i2iio
'01
No\''0«»
iie" "I" 11634JIar'01
lU
115
11634
Oct '00
10Si4ll0i«
1101,
iogii!™."' 1101,
107 Dec '00
iioi^;""! liOia 1101"
105 B«o'9a
117 MafOil
ii7"
108
..lis
'.'.'.'.'.
11*^
117
11734feb-'98
W
MS
ll^HllSi*
119^i«Jaa'01
122 1-2 Jan '01
124 Fe*'01
fJ2i2JaB'91
125 14
113 Jan '01
112i4Apr"0«
1093,
124
122
113
113
1224
lllUApr'fW
122i»
120'sNo-i-'0©
1
lOTH-.119
118
131
130
133
lOSia.—
36S I3SI4
fl
133>4Sale VSi*H 13SI4
126'-. Mar'Ol
126
142121431a 139i2Apr'0e
14«i4....
142 Feb'Ol
23121271a
13**, 142
107i9Feb.'01
lOTSltTio
10912 Aug'OOj
131 FeU'Olt
ff3»H131
130 Nor>e»l
IO8I4 1M34 15»Lpiyfiiiio"
107-VNoVOe
»9T,ifeb'<»I
S6I4 Aing'O*
97 Dec '00
110
f>9»,
99»o
112>2 112
112
iiiiAiia
141
141
11 1.-^414141
14012
140'2l
LA
MISCEIXANEOUS
Street
Railway
'
FA
F-A
J-J
J -D
A-O
J-J
J-J
J-J
J-J
99
.
BONPS-C^iitinued on Next ra«e.
Street Riiil>\-ay
10734 110>a TAtXafRy—f Continued)
110
110
I/Oi Av A P F 1st gu g 5s 1993 its 123
110 Jan '99
111 115
Registered
115 Mar'Ol
1993
i-j
102 103% MotW S El (Chic) 1st g 4s. 193s; FA iooiasaie
10312
103
36 9<S 10114. MoTKl Ry A L 30-yr g 5s. 1926
OO',!
99«2 99
SSI2 90», MiJii»S4Ry 1st con g os..l91'9
3
89
89
88»s
St Paul City Cab coug 53.1937
Chiaxantfred gold 6s
1937
Tlilr* Ave Ist gold 5s
95 J'n»'00
1937
12A 128
lat eon guar 4s
2000
UnioB El (Chic) 1st g 5a. .1945
"W Chic St 4e-vr 1 St cur 5s 1 928 M N
109 Mar-OS
BrooUyn RapTrgSa
1945 A-O
,U2
Atl Av Bklynimpg58..1934 J-J
BkCity Ist cou 58.1916,1941 J.J
117
BkQCoA; Somgug 58.1941 M-N 103 ..„
Bklyn Un El latg 4-6a.l95«
KiJttgs Co El 1st, g 43.. ..1949
Nassau Elec gu g 48
1951
eity A S Ry Bait l8t g 6s.l9'>2
Den Cou Tr Co Ist g Ss...l933
Den Tram Co con g 68.. 1910
M«t Ry Co 1st gu g Gs.. 1911
Louis Ry Co 1st con g 5a.. 1930
KarketStCKy latg 6a.. 1913
Vet St By gen ool tr g 53.1997
Bwaar<»i7thATl8teg58l943
139 >9.
139
MS
.
40-year consol gold 58. ..1936
12212 Mar'Ol
...
39\'9S."iH"
101
100
IW
Oci 'S ,
Oet 99
12*
Mar^l
1(J6
i111% 112
Ill's Jan '01
1041-j
125
T,104i«ai»
..ri24
104i2{
l«9i2J>«o'99^
MN
F.A 1197, Sale 11934 119'', 2« 117H122«2
Gas <uid Electric Usht
J-O 122
120>a Mar'Ol
|1 20 4 12234
Bogistered
119i2Doe'00
AMantaO L Co 1st g5e...l947 J-»
1943 J.O
CWA »th^v let gu 6 63.1993 M-S 1231a 126 126 Fob'Ol
B«a D Qa« tr ctf s s f g 58.1939, J J
Begiatered
BMyn U aas.lst cou g 5b.1945;mN
1993 M-S
No price Friday; lateat bid and asked this ircefc. a Doe Jan d Due Afr e Due May g Due J-no h Boo jny
I
Aac
j»
I>««
I?3i3l23»»
I
»»
622
Bond Record— Continued— Page
BONUS
68...1fl3o j-j
r.s...l919 A-O
k4:S...1;)47 J-J
ClilcaRo Tor Trans
We-st I Istsfg6a..l91'.>
Caiic
General cold 68
gl!)32
West Mich Ky 5s.. 1921
.r-D
ifc
Choc Ok
&G
L
St
Cin S
<fe
<fe
C
See
140
1311-2
9«'.2
Sale
High No
Msy'OO
Feb 01
1>8
Q-M
& St L
B B*P
L<yui
130
244 92
Sigh
1311-2
98
118i4 11934
Mali See
C C C <fe St L geucTid g 4s. .1993
Cairo Div 1st gold 4s
1939
Cin W<& MDiv 1st g 4s. 1991
St L Div l.st col tr g4s..l990
Registered
1990
Spr & Col Div 1st g 48. .1940
WW VaiDiv
CI L & C
St
1st
consol 6s. .1920
J-D 104-'%Sale 104
J-J 100
J-J *101ia
M-N
M-S
*
N&W
M
MK&
&
99
98^4--94
99='4l01i<2 83
1041-2
11558
134
136
115
136
136
Sale
136
M
liBt&PsroM SeePereMar
1st g 5s... 1918
1st land gr ext gold 5s. .1930
Consul gold 5s
1943
Port St U D Co let g 41-23.1941
Ft
C 1st g4-6s.. 1921
Ft
Rio (ir l»t g 3-48. 192&
/ ^ al Har
See So Pac Co
10458
99
9814 1011a
1041a 105
May'99
Oct '00
Nov'90
1st coasol 5s
0I945 .T-J
Oa Csw <fe No 1st gu g 5s. .192ir J-J
(ieorgia Pacific See So Ry
a iUi G <fe Nor See So Eac Co
Gouv Oswegat See
Cent
(Jrand Riip <& I n^ See Penn C^
Gray's Pt Term See St L S
St Jo Se« C B & Q
ousatonic See
Y
&
H ock Val 1st consol g 4 las 1 999
V
1041a 1041a
Mar'Ol
llSSsllSi-j
Feb '01
135 14 136
136
15 134
100
99^8
100
N NH H
65
iu" iso'
63
111
128
I3OI2 Mar'Ol
8238 Sale
82 Sale
86\ Sale
A-O
81
81
85
136
W
1951 J-J
1951 J-J
1951
1951 M-S
1st gohl 3s8terling
Registered
1952
gold 48
Registered
1 952
L O cfe Tex gold 4s. ...1953
Registered
1953
Cairo Bridge gold 48
19.>0
Regl8tere4.
1950
LonisTiUe Div gold 3ias. 1953
Registered
1953
Midland Divreg 5s
1921
St Louis Div gold 3s.. ..1951
Registered
1951
Gold 31-28
1951
Registered
1951
Spring Div 1st g 3ias... 1951
Registered
1951
Western Lines Istg 48. .1951
Registered
1951
BeUevcfe Car 1st 68
1923
CoU Trust
130
1301-.:
78
77
83
831a
1-.
1141a.
123ial23ia
139ial40
104i8l04i«
1231a Jan '01
139 i-j Mar'Ol
.
104% Feb '01
FA
N
106
87 1031a 106
106
10634
106^
Dec'OO
Mar'OO
1061a DfC'Oe
102>aApr'98
116
1
.
131-2
104 la Feb'Ol
A-O 105
A-O
M-N i05'
M-N
10434 Jan
'JMJ
104
98
JaB'«l
Jaa'Od
103
Maa-'OT
123
90
102
May-SS
Mar'Ol
M
102*4
5 i02
l»2i4
ioiva«3
ififiii
101 !» Oct '99
100 Nev'Ca
J-J
J-J
FA
FA
11334
1*3
90
Nov'flS
Feb '01
13<?»4'
Ang^)0
12634
1251a.
n
126
11334 Feb'Ol
,
121
99";
123 7, Feb 'Or
l«e '4 Nov'OO
133'e 1237,-
107i4Jan'ei
WT^IC^^
102
105
100
125
.
102iaNoT'60
lOSiaAug-eO
-
W
.
IO514
106=^Pe**01
MS
I38I4 Dec '00
1915 J-D ISO's.
J-D
Begistered
1915 J-D
Carlf & Shaw Ist g 4s...l932M.S
140 Oct '98
NYL;ick&
1st 6s. ..1921 J-J 13618.
136 136
Chic St L & N O g 5s... 1951 J-D
136 Feb '01
Con.strnotion 5s
118iall9
118
1181-2 Mar'Ol
1923
Registered
1951 J-D
Term & improvers
1923 M-N
103 1-2 Oct '00
GoldSias
1951 J-D
Syr Bing <fe N Y Ist 7s. .1906 A-O 120 1«.
II8I4 Nov'OO
Begistered
1951 J-D
Del <fe Hud 1st Pa Div 7s. 191 M-S 144*8
14618 May' 00
Mempli Div 1st g 43... 1961 J-D
Registered
191 M-S
150 150
150 Feb '01
Registered
1951 J-D
Alb & Sus 1 st con gn 78.1906 A-O 118
117 117
117 Feb '01
St L Sou Lst gn g48....1931 M-S
Registered
190G A-O
122 J'ne'99
Ind Dec <fe
1st g 5s
19»5 J-J
Guar gold 6s
1906 A-O
112 Dec '00
lst guar gold 58
1935 J-J
112iall2i-.. Int& Great Nor Istg 6s.. 1919 M-N
Regi-stered
112 12 Feb '01
1906 A-O
Bens & Saratoga 1st 7s. 1921 M-N ISS^a.
Mar'Ol
151 151
gold 5s
151
2d
H>«9 M-S
Begistered
1921 M-N '1531a.
151 151
3dgidd 4s
151 Jan '01
1921 M-S
Del Riv RR Bridge 6'ee Pa RR
Iowa Central lst gold 5s.. 1938 J-D
Denv& R Gr 1st con g 4s. 1936 J-J 102 14 Sale IO214 IO214 IS 100 103 14 Jefferson RR See Erie
Consol gold4»2S
1101-2 20 108
110 'a Kal A <fe G R See L S cfe
1936 J-J 109^2
110
S
Improvement gold 5s. ..1928 J-D
109 12 109 la Mar'Ol
107 110
an cfe Mich See Tol & O C
Rio Gr So gu See Rio Gr So
K C cfe B cfe B 1st gu g 58- 1929 A-O
Des Moi & Ft D See C R <fe I P
Kan C & Pacific See M K & T
Des
& Minn See Oil & N
Kan City Sou 1st gold 3s.. 1950
Des Moi tin Ry 1st g 5s. .1917 M-N *110 112 111 Feb'Ol
Registered
10834 111
1950
Det
& Tol See L S & So
Kansas Mid See St L cfe S F
Det & Mack 1st lien g 48.1995 J-D 100
961a 90 la Kentucky Cent See L cfe N
961a Nov'OO
Gold 48
1995 J-D
91 Sale
71 85
8918
91
91
Keok cfe Des JIo See (3 R I <fe P
Dulcfe Iron Range 1st 58.. 1937 A-O 109
110iall5
Knoxville &> Ohio See Sc Rv
115 Feb'Ol
Registered
1937 A-O
Lake Erie cfe lst, g 5s. .1937 J-J
2d 6s
1916 J-J
2d gold 5s
1941 J-J
DiURed W<fe S Ist g 5s.. .1928 J-J
92 14 Feb '99
North Ohio 1 st gu g 5s. 1945 A-O
DbI So Shore & Atl g 5s.. 1937 J-J 113\.
Jan '01
112 112 '2 L She cfe M*eh S Se« K Y Cent
1121a
Lehigh Vrf (Pa) coU g 5.. 1997 M-N
East of Minn *>eStPM<feM
ast Ten Va & Ga See So Ry
1^)97 M-N
Registered 5s
Elgin Jol & East Ist g 58.1941 M-N 108
109i4Dec'00
LehVaiNYlstgag4i-2S.1949 J-J
^iz Lex cfe B San See C & O
Registered
1940 J-J
EVmCort&No -Se«LehcS:NY
Leh V Tcr Ry 1st gu g 58-1941 A-O
Erie 1st ext gold 48
1947 M-N
II8I2II918
.121 1181a Jan '01
Registered
194 A-O
2dext goldos
1919 M-S
121 Jan '01
121 121
Leh V Coal Co 1st gn g 5s. 1933 J-J
3d ext gold 4^28
1923 M-S
II6I4 Mar'Ol
II6I4II8
Registered
1933 J-J
4th oxt gold 5s
1920 A-O
123^4 Mar'Ol
Leh cfe N Y 1st guar g 4s.. 1945 M-S
12334 124
5th ext gold 4s
1928 J-D
1061-2 Apr '99
1945 .MS
Begistered
l8t consol gold 78
1920 M-S 1381a 142 143i2FebM)l
ElCcfeN Istg Istpf 6s. 1914 A-O
142 1431a
1'920 M-S
1st consol g fund 7s
Goldguar 5s
1914 A-O
143 Dec '98
Erie 1st con g 4s prior.. lt)96 J-J "973^ Sale
97 la 300 951a 97^4 Leh cfe Hud R See Cent of N J
97
Begistered
93i4Mav'99
1996 J-J
Leh cfe Wilkesb See Cent of N J
Ist consol gen lien g 4s. 1996 J-J ' 87" Sale
3559
87 14 1350 8214 '8714 Leroy cfe Caney Val See Mo P
Begistered
1996 J-J
Long Dock See Erie
BttffN Yife Erie 1st 78.. 1916 J-D
LongIslaB<l 1st con g5s.7il931 Q-J
139 140 Feb '99
BTiff<& S Wgold 68
1908 J-J 106
IstcoBsol gold 4s
fclS31 Q-J
SmaU
19t)8 J-J
1938 J-D
General gold 4s
Chjcfe Erie Ist gold 5s. -1982 M-N 120
IIG 1211a
Ferry gold4>aS
19i,2M-S
I2014 I2014
Jeff BR 1st gu g 5s.... 01909 A-O 107
106^8 Feb'Ol
Gold 48
1932 J-D
106 lOS^g
Long Dock consol g 6s. .1935 A-O 1397g Sale 13978 139^8
1949
138 140
Unified gold 4s
Coal&RR 1st cur gu 6s. 1922 M-N 111
Debenture gold 5s
1934 J-D
I>ock& Imp 1st cures. .1913 J-J 118
118 Sep 00
Bklyn <fe Mont lst g 6s. 1«1 M-S
"
Y <£• Green L gu g 58 19461 M-N 1©9
1911 M-S
Lst 58
109 Oct '98
Small
1946 M-N
N Y B cfe B Lst COB g 5s 1936 .\-o
192'
MidRRofNJl8tg6s.l910 A-O
117iall8
NYcfeRB Istg 5s
118 Feb'Ol
Y Sus <fe 1st ref 58.1937 J-J 118 Sale 118
Nor ShB lst con g gu5s ol932 Q-J
118
111 118
2dgoW 412S
1937 F-Ai 97
94 Feb'Ol
La cfe Mo Biv Set Chic Alton
94
94
General gold 5s
1940
102
102 14
102
100 105\ Louiar'cfe NashT gen g 6s. 1930 J-D
Terminal 1st gold Ss. 1943tM-N 115
Gold 58
1937 M-N
113 Apr '00
194tljr-J
Regis $5,000 each ..1 945
3M- N
TJnitied gold 4s
"WiUc & Ea 1 St gu g 5s. 1942 J-D *110
IO8I4 Feb'Ol
Registered
\an;\3-i'
107 la 108 14
Erie & Pitts See Penn Co
W3 MColl trust gold bn
EotTika Springs l«t g 6s. .1933 F-A
C(dltmet5-20g4s-1903-1918 A-O
65 Nov'97
1st consoles. ..1921 J-J *
1^7 M-S
Ceciljaa Branch 78
125 124
124
124 124 14
Istgeneral gold Srs
1942 A-O *109 111 110>a IIOI2 12^1«8i2lI0i2
E H cfe Nash 1st gCs--..1918 J-D
Mt Vernon 1st gold 6.1. .1923: A-O
LCiBcfe Lexgold4iaS-..19Hl M-N
8aa Co Branch Ist g 5s. 1930 A-O
N Ocfe 1st gold GS....193M J-J
1st consol gnar 78
W
106
.
Sep '00
82
87
Sale
1999
H V Ist ext g 48.. 1948 A-O
E <fe Tex See So Pac
Iloust&TexCen SeeSoPaeCo
I llinois Central 1st g4s.. 1951 J-J
115
i Registered
1951 J-J 1141a.
Honst
951a 100
451a 65
82 12 186
19
82
87 451
106
.
C0I&
1021a 108
98 la Nov'OO
99iaJaa'0e
W
1st gold Sias
13
193
1021a Jan '01
106 r)€c'98
NY
&
Han &
Feb '01
Se^ '00
»<IIO
.
Registered
99
M-S 120J«.
M-N 137
1871-1901 A-O IO4I4
78
35 101
99
io6"!;;i; iois* iSec'OO
. .
See
Conn Pas Rivs 1st g 4s. 1943
Gt So See C
& St 1
alias
Waco See
T
1><A Lack <fe Western 7s ... 1 90
Morris & Essex 1st 7s. ..1914
'01
Sigh *oFeb'Ol
FlaCen& Pen
Begistered
CCA
Term
104=8
Jan
101'aF<>b'01
105 Mar'Ol
*104>3.
Oler <fc Pitts -S«e Pf nn Co
Col Midland 1st g 3-4S....1947 J-J
1st geld 4s
1947 J-J
Colora<lo & Son 1st g 4s. 1929 F-A
Coluni <fc Green V See So Ry
Col <& Hock Val See Hock Val
<fe
&
Ask
*108
1st con eTig6s..lf»26| J
So See Cb
A St P
vTalH & H ol 1882 If*! 5s. 1913 A-O 103
& Ala Ry 1st pf g 58. .1945 A-O
M-N
7,193»
CC
Ool Conn
99
103»4
-M-N
Begistered
A-1936
CinS& CI con Istg5s..l92.s
C<S; I consol 7s
1914
Consol sink fund 78
1914
GeneTiil consol gold 68. 1934
Regist ered
1<.>34
C&SlstMC
178. 1901
O Ind*
Istpf 5s...dl938
Peo & East Ist con 43. ..1940
Income 4s
1990 Apr
CI Lor <fe WHi con 1st g 5s. 1933 A-O
Clev & Marietta See Penn RR
Clev & Mahon Val g 58...193S J-J
Begistered
1938 Q-J
W
L^argo
CJa
g 4s... 1940 J-J
let gold 48
Ev&Ind
Xaage
W&Den
W & ASA
II314II5
CCC
cfe
Week's
Ma-nge or
Last Sale
Price
STOCK EXCHANGE
frifian
WEEK Enhing March 15 ^^ March 15
»
C S«« C C C St L
Clearfiold
&
Dak &
IjOW
Oct '^9
II8I2 119
100 Oct "99
ibo"i(>9».2 103 Jau'OO
115 lM>c'00
113 Get '00
Sale" 115
115
ii's'"
Ken g 58'...ol91» j-j
consolsf 78...1905 .\-o
2(1 sold 4>28
1937 J-J
CinD<fe I Ist gugr58...1941 M-N
CI
Ask
[Vol. LXXII.
2
N. Y.
Since
106
D
Gin Hife
January 1
137
131
98
.\I-N
Cliic
San^e
liange or
Last Sale
Bid
<fe
Nor Wisconsin 1st
St P <fc S City Ist g
&
Weelc's
Priday
March 15
§"5;
.
BONI>S
Fricf
STOCK EXCHANGE
Week Ending Mabch 15
Caiic St P M
O— (Continued)
N. Y.
W
1
.
......
98^8 Sale
73
116
I26I4 Mar'Ol
97
71
116
66^ sssgie©
4 65
73
1 II514 11634
gS'^a
73
116
!
M
M
W
M
M
721a 595
63i4 0ct '0©
70
721a Sale
M
W
1121a
.
.
*116
.
124
11^
117
11613 llffia
lie la Feb 01
IIOI4 Feb'Ol
112 Jly'OO
llOia.
TS^
Ang'9S
104
11034
422
123
123
118 Feb'Ol?
la Jan '01
115
.124
67
l«9«sri-«\
l«9aall»»4
•l(»9iaect '99
10334 Nov'99
Jan
'01
161% Sep
*
'99
Jan
»5
95
95
S6
.
123
122
103
1041a 106
l»4'a
N
M
991a.
116
107
109
1«7
110
MS
W
N
M
nnsC'ELLAJJEOUS
BaNDS—Continned
Gas and Electric Light
ChGLcfeCCo SeePGcfeCCo
Ga.«
ColnmbDS Giis lst g 5«
1 932 J-J
Con Ga« Co See P G eft C Co
Destroit City Gas g 58
1923 J-J 101
Det Gas Co con 1st g 58... 1918 F-AJ 102
EdElIURkn See K Co E Left P
102
981a
101
991.2
194
Nov'99
94
101
Go«» Lcfe
Pjc
5s- -.1922
5«- ..!«:-
1181s-
llgiaMarfll
1«J
1181a IlSia
See
102 V. 4ih cn^.iegis
Keb"<»r
1165
176
I>OG '©©
l«lia
Feb-'Ol
101 la,
liaSPetUOl
100
101 14
lOlia
113
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1
0034
1«H>
115
103
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13t)
113
232
112
101 »*
I>»)e;'«a
Nov'SO
Jaa "Sa
Sale
:
130
fmD. '01
JSlO"
on Next Fage.
and Electric
I^tght
Purchase money g 4a. ..1949iF-A
Ed El 111 1st oouv g 58..1'91*B*-> 1»7
lass&w -'J 121
1st coasokgold Sfll
l^ateHSon .%t^ G cfe Kf!j^&v.^9g»-S:
108
-
122
.......
latest toid
and asked tb£) week.
108
6r
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M-S
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-,-.^.-
S-s 1933i»a-l«l[ v.. i^;.s
ADneJan d Doe Apr cDiieMay kXtuejny ieI>aeAng
1»4^H>8*,,
Bl«8"»r04
102% ?9 1«8 102»4
»«b'Ol|
1«9 109
'Oil
MTiJ'neT6a«-to6gag5e.l5»47>I-N
TreMte»,©'A.EEIa*«-5&-194»,M-S
11
-..'tyfiff^MmfVOl
.a*KP>aa&r'0
tffeHsl«fRaff-5<^'':^-Dr'^«6
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l^ESt^SaJtf 103*,
-
•rn--^'.'
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Peop Ga»
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—
ip-t.....^iH:m-(t*lSli
-.
soW
-
IWA O
L l»t g 5s. ef
1919 >^F 1«8
Mnt Fuel Gas Co
*
I«238fi02
A-O
Pnrol&ap. JpyOffy^fS
19S*7,
o
Ed 101 nOilin Tst, own g 4s 1939 J-J
"
liac Gas I#Bf St
Max-ei
120
112
121
cfe
*
Qascfe BlecBfT«iCtocg5s.ia49
1-923 J.-D
Gea KlecXJft rteS g 5s
&T P,iit> G L Co 1st g 58- .. ISir
StJ^A
Kings
Feb'O*
Jan '99
May'OO
Dec'Oe
991a
101
NYGELH&Pg 5S-..194Sl,T-D
1948 J-D
Begistered
.fe
Istg
MB
Feb'Ol
il3
1
K CMoGasCo
-105
Oct
11234.
,
Ev&TH
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1»**2
'0*
'00
Jan
"cfe
FA
K« E JU Se? N YG E L H I*
Bq G L N Y Ut. con g 5s- -iS32 M-S
Bq G &.;*»n«d See P G C Co
128
103
110
1»7
105
"
MS
123
M)5
100
99
95
=
.
'01
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^WO
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«
1
,
,
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Dae
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l»ec
(
—
March
16,
J
1
1
-8
BONDS
Priee
&
(Continued)
lf«0
6s
Nafiliv
Pensacolu Div Rold 6s...l32(i
li*2I
St LJJiv l.stgo»d6»
1980
2d gold 3s
Kent4ieky Cent goid 48. li)«7
.
cii M lHtg4'2Sl94r)
iHt fc'u g 58.. .1937
All l«tgu g 68. .1921
Ala con en g 58..193«
8&
1910
SiJikfimd KolJlBH
Ij * Jeir Bilge Co gn g 48. 1945
N* M
I^fe
N
FU.& H
Pens*
N
I.
.
N A & Cti
dee C I & L
Coal See L S &
Mahon
a«naftan
Week't
Friday
Mareih IS
STOCK EXCHANGE
Wrkk Ending Mabch 15
NO .felt 2d gold
Mange or
Auk
Bid
ligia....
J -J
M-S
M-S
M-S
Last
J,(yw
117
1 1
5
J-J
gS'^g
IIOI4.
109
IIII2.
109 i-i.
M-S
K-A
K-A
K-A
112
112
113
110
.
A-O
M-S
uodmoII gold 48.-1911
fJouv&OswelBtgugSs
Oct '00
Di;u
'(Kl
:126i4l26i4
997g
11! 9t;!4l00
Jan '01
Jan '01
Jan '01
Peb'Ol
112
112
113
110
112
112
113
111'
.IOOI4 106
IO6I4
97 10434 1061a
H7»3Mar'01
117>2.
115
11712
5s.. ..1934 J-1)
McK'p*. <fe U V See.V Y Cent
Ketropoiitan El Hee Man Ky
84U
I-
1st eonsol income g 3s.al9:'!' •riy
2d cousol income g 38. .«19.'iy /iy
1917
1919
2d HCiies gold 53
Mei Intcnvat 1 st con g 4s. 1977
1927
Jlex Nat l8t gold 68
2diDcOsAcp stni»d..A1917
Eqiii])
coil
<fc
g«4dS8
'S'2-\
Pale
Sale
17«eSale
A-O
A-O
M-S
J-D
M-S
821a
85
15
1734
111
8012 85
:t:i07
28 '4
26
iw;:;
13
323<
1734
82 14 85 14
ISUJ'ly'OO
105 May'OO
102
Mil
<fc
Minn & St L lat gold
Iowa Ex IstgoW 7«
Pacific
Ex
47 'a 147 V
121i2Mar'01
1211a 122
126J<j
124i2Nov'00
124
122>2Feb'01
122 la 1221-^
llSiaFeb'Ol
llOiallS'v
9734 102 12 219 97 102 'a
102 Sale
J-D
1900 J-D 121 "2124
147-'»4
78. .1927
Istgold Cs ..1921 A-O
South West Ex i«tg 78.1910 J-D
1934
1st ccnsol gold 5s
Ist and rcJuBd g»ld 4fl..l949
Minn & St L gii *S'ee B C R <fe N
M-N
MS
14712 Feb'Ol
1
M 8 8 M & A 1st g 4 int gn i^m J-J
M St P & S S M con g 4 int gu '38 J-J
,102
194 4M- N
Boonev Bdg Co gu g 7s.l90t;' M-N
Dal & Wa Ist gu g 5s... 1940 M-N
M K & T of T 1st gu g 5s. 1942 MS
Slier Sh & So lat gii g 5s. 1943 J-D
Kan C & Pao 1st g 4s... 1990 F-A
Tebo & Neosho 1st 7a... 1903 J-D
MoK& E liitgn g5s 1942 A-O
Missouri Paclric3d78
190(; M-N
Ist eonsol gold 6s
1920 M-N
TfttHt gold 5s stamped. al917 M-S
Registered
ol917 M-S
Ist coll
goW 58
1920
1920
Registered
V A L 1 st g 5s 1 92
B of Mo l8t (IX g 4S.193S
Leroy & C
Pac
(
9838 Sale
80 Sale
102 Sale
'
106U
115
StL,&IrMgencong5s.l931 A-O 117i2Sale
Gen con stjinip gt<l g 5s 1931 A-O 116
W
Verdi V I A
1st g 5s.l92<;
Miss Ri V Bridge See Chic <ft A It
Mob & Binn prior lien g 5s 1945
Mortgage gold 4s
1 945
Mob Jack <fe K C 1st g 58.1940
Mob & Ohio new goW 6s.. 1927
1st exten.sion gold 63..A1927
General gold 4fl
193S
J P Morgan & Co ctfs
Montgom Dir Ist g 5s. .1947
StL& Cairo gu g 4S....1931
Mohawk & Mai
See
NYC & 11
MS
92 ^s Sale
100^.
J-J
J-J
J-D
J-D 129 >2.
Q-J
M-S
95^2 Sale
f'-a
ii4"!;;;;
J-J
96I4
99
75
97
8034
102
99
100
96
1043f,
9934 101 lo
871a 90 Hi
109 IIOI4
114iall6
Ulica <fe BIk Riv gu g 48.1922 J
N Y Chic & St L 1st g 48-1937 A
1937 A
Registered
Green w T^ke See Erie
NY* Har
111
IO714
MS
MS
.
Clearfield
90
95
T * T col tr g s f 5s. .1926 f.i
MetT&Tlstsf g5s
1918 M-KT
MutTJnTelCo A'MWestnUn
N Y & N J Tol gen g 5s. .1920 M-N
KTi«
'West Union col
N H Derby con g5s-.]91KM N
1905 J-J
N Y& N E 1st 7s
1-906 J-J
Ist 68
N Y A North Seen YC&n
N Y O & W ret Ist g 48..ffl992 M- S
Regis .$5,000 onl V
f/1992,M- S
N Y & Put See N Y C & H
N Y R B See Dong Island
N Y S & W See Krie
N Y Tex & M See So Pac Co
tr
cur 58.1938 J-J
114
Northwestorn Tel 7s
N
C
* I Dev Co
Coupons
*
off
K* price
gu g
Qs.
1909 J-J
1909
117
IO6I4
103 '4
119 Jan 01
127*»Jan'Ot
.
1(»»4
r»M
il9
1
..^r27'8l
*TZ7»,
127i2Nov»0
110 MarOl
106i2Nov'«)l
110
lit
llS^gMay'M
122 Jan 01
12734 Jan Of
113
171 122
'i«\ fSS\
fl
Apr'9»
Oct "00
109'
11 M»«"W9"'i
108
Feb '01
102
195
136
114
113
109
lOeit
*
02
1
1
09
19«ia.lS«'2
Feb'Ol
136
Jan'OQ
113
13534
11313
Nor*
&
Cal
J'ly'99
S.
VjH
136
U 95
34
i
106
12 10534 108
lOliaNov'SS
10.534
111
103
1103^T)ec06
1037gl34'2Feb01
132
>4
l.Sii2
l.-fe^
1134
131
Feb«l
133'4.SiJ*r'(n
1031a Sale
103
104
973gJ'ly'0a
107 Nov'0«
106 '4
10234
105'4 Sale
10512
'711^ Sale
71 14
41«»»4l»3ia
lOSV
60 104l»106
106
105»4Feb-Bl
7134
99^2 1*4
8»,
IO0I4 10*1*
691a 71=^
49!i,
703»Dec'0O
ioo"
'.WW.
122 12.
1141a.
101
88I2.
.122
.
^•
ISliaPeb'Ol...- hSTiiiiW^
132 JTy39
122 la Feb Bl
116 PebOI
inis ii?
^09
102 Feb 01
.. ite
8834 M«re»
116>a lieHj
116
lie's
Feb'Ol
112
118
108
110
eh 04
J«6
112
95
75
Dec '00
Apr '00
109
Mar'Ol
«^eSoPacCo
W
Mo
109
110
1061a 105
101
10034
11434 Sale 11434
105
lOS
Dec'M
115V
'HSi4ll«»
,11414
MS
DAP
.
.
N
102
102
11134
114
107*8 Feb'Ol
11238 Dec '00
24 gold 5s
s
f
6«.
5s.
Friday; latest bid and asked this week,
IO6I4 Feb'Ol
983»
93
80 11138ll5''8 Rocli & Pit C <fc I purm
105i2l07«8 San Ck Coal 1st gsf 6s...l912 J-D
Jan "01
NoT'OO
Te«ii CoalTnivl«*g6s-ol917 A-O
Birra Div 1st eonsol 6«..1917 J-J
a Due Jan
10312104
Ittannl'nrturincr «& Indostrntl
Oil ext4V<
1»16
Hide& D Ist sfg6s.. 1919
-Am Cot
Am
e
iiie-aJiajs
...
i.4*A>
tv
Due Kay g Due J'ne h Due J1y p Due Ner
'1
i9«i«ies>t
9e\ lei
95 1« Jan -97
107 May'97
SO Mb5^"97
103 Oct 00
1926 J-D
132S J-J
1946 M-N
WhLE*
104
55
U6S4IV1
on Next Pa«e
Coal and Iron
Ool Fuel Co gen gold 6s.. -1919 M-N 109
Col F ct I Co gen s f g 5s.. 1943 FA
98
De Bardel C <fc 1 S« T C <fe 1
Or Riv Coal A C 1st g 6s.. 1919 A-O
Jeff <fe Clear C <S; Il8tg5s.l926 J-D
Nov'99
:::
.
Cah C M Co 1st gu g 68.1922 J-D
De BAr C A I Co gu g r.s.>910 FA
PC Co 1st g 53.1919
101
IO6I4
»«3i4
19834llf«-i2Mar01,
1071a
*R
Cteaif Bit Coal See
YC* U
CoiO A I cxt Ist con g 6s. 1902 F-A
liec'OU
Ore Ry & Nav See Un Pao
Ore RR <fe Nav See Un Pac
Ore Short I.iuo See Un Pao
1904 J-J
ConI and Iron
Cah Coal Min See T C I
C<H
Sale
110
130
117
<fe
P»e*3 Val Coal 1st g
Fd and real est g 4\>s...l950 M-N 106
Mut UnTel s fund 68. ..191 M-N
PcbOl
fite«
107 14 Feb '01
110 Peb'Ol
110 Aug'OO
112
West U n
lft«'4D<-.:'fr7
117
Oswego & Rome See N Y O
O C F & St P See C <fe N
102 Jan "01
lOOiaOct '00
109 Oct '99
2397
U)»air<V>4
<fe
MISCElXiANEOUS BONDS—Continiieil
Telecraph and Telephone
Cable Co 1st g 48. .2397 Q-J
lV9>«l«a'a
I
115'4
106 la 1071a Penn Co ga l3tg4»as
1921 J-J
Registered
114Vi»tar^l
1921 J-J
107 IO714
»«T'98
11>2
Guar 3ia8 coll trust reg.1937
109 110
124 DeCOO
1st con g 5s. 1932 A-O 123
C 8t
Registered
10458 10612
1932 A-O
104»8 104*8
i2i""oci''»6
Pgen gug4i2sser A.'42 J-J i22""!
IO6-34 IO634
C1&
10634 Peb'Ol
Series B
1942 A-O 1*414.
109 la Sep '97
IO214IO2I4
Series C 3i*8....'.
102 14 Jan '01
1948 M-N 104
Series D312S
102i4Jan'01
I0214IO214
1950 F-A
102 Wov-OO
Erie<fe Pitta gugSiaS B.1940 J-J lOlia.
103 103
103 Mar'Ol
Series C
102i4J'ly'00
1940iJ-J IOII2.
99
& C Bdge gen gug4iasl946 J-J Ill
97
971a 175 96
95^2 971a
P C C <fe St L con gu g4ia896^8 Mar'Ol
117
SeriesA
1940 A-O •11634 II714 117
96
96
64 96
971a
Series B guar
97
97
1942 A O *11634 1171411718 Feb -01
97 Jan '01
194'. -M-N
Series C guar
111 1121*
1161a FebOl
111 Mar'Ol
109 Apr 00.
Series D 4s guar
1945 M-N
106 J'ne'98
99 Dtc'OO
Series E 3i2guar g
1949: FA
136 la Feb'Ol
PitwFtW<fc C l8t78...1912 J-J
13734 Nov'OO
2d78
1912 J-J
3d 7s
7il912 A-O I3214 1351a 136»» Jan "01
95 J'ly'98
IO712
1903 J-J 107
1997 J-J *109i4ll0
Beristored
1997 J-J
Debenture 5s of. ..1884-1904
105
Registered
1884-1904
104"^
B«gi8t deb 6b of.. .1889-1904 MS 104%
Debenture g 4s.. ..1890-1905 J-D 10234
Registered
1890-1905 J-D 10234
Debt certs extg 48
1905 M-N 103
Registered,
1905 M-N 103
lake Short- coUg 312S...1998 FA 97
Registered
1998 FA
9512
Mich Cent ooU gS'as
1998 FA
96 Sale
Regis tere<l
1998 FA
Beech Creek Ist gug 4s. 1936 J-J 110
Kegistere<l
1936 J-J
2d gu gold 5s
1936 J-J
Cart& Ad l8t gu g 43... 1981 J-D
109i4Feb01
llOiuMarO^
<fe
Ist g 5s. ...1946 J-D
ac of Mi.ssouri See
Pac
Pauaiualst s fund g4ia«. -191 7lA-0
Sink fuitd sub.sidy g68..1910'if-N
Begistered
112^8^5
<fe
12812
II514 Ore
cS:
See
106
See N Y C A Hud
NY
N Y Dack W See D L & W
N Y D E W See Krie
N Y N H & 11
NY&NE
X YN JI& liar 1st reg4.H. 1903
PacCoa.st Co
Gold mortgage 3 »38
II512
11412 ]14i-^
11034 Mar'Ol
llC'i Mar'Ol
109', Sale ;i«834
hio River
1st g 58.1936 J-D
General gold 5s
1937 A-O
Oni & St L Ist g4s
1901 J-J
.S'e#
No Westn lYleg
O
O
W RR
128
IHgK
11.5«a
no
J
Nor Wis See St P M & O
Nor & Mout See N Y Cent
See C C C & St L
OInd &
<fe
Omm
Beelstered
-
W MN
W
W
Bituu Coal Corp—
Istaf intgTig48serA 1940 J-J
JD
W
W
ilMv
A't»
1
1191a 12334
Mouongahela Riv See B & O
Mont Cent See St P M & M
MorgaQ*s La. & T See S P Co
Morris & Essex See Del L <fe
Chat
12812 12312
Nash eonsol& StL I8t7s.l913 J-J
1st
gold 5s
192,S A-O 115i4Sale 11434
II514
J;i«pQr Branch Ist gtjs..l923 J-J *119
113 Dec'99
McM M & Al 1st 68. .1917 J-J *115ia
T<fe P Branch Ist 68. ...1917 J-J
111 Deo'99
Nash Plor <fe Shef See'L&'H
New H&D -SceNYNH&H
NJJnncRR
N Y Cent
New Cin Bdge See Penn Co
N O A N B prior lien g Gs m1915 A-O
N Y Bkln Man Bch See\jl
N Y Cent & H R Ist 78.. .1903 J-J
!
South 1st gSs
1941 M-N
1931 M-N
Norf & We.st gen g 68
Improvem't & ext g6s..l034 FA
100 la 108
1932 A-O
New River Istgti.s
N <fe Ry 1st con g 43.1996 A-O
105 14
1051
40 103
105
1996.\-0
Regi.stered
1922 J-J
C C <fe T Ist gu g 58
100
6 100 100
100
Soio V & N E l8t gu g 48 1989
107i4Dtc'00
North Illinois See Chi & N
113 1131-v North Ohio See L Erie &
1131a Mar'Ol
117
75 114 118 'a Northern Pacilio—
118'a
114iall5
114i2Feb'01
Prior lien ry & 1 gr g 48.19979134
9212 i83 84 14 921a
Registered
1997
General lien gold Ss
o2047
Registered
a2047
St Panl-Dnl Div g 43. ...1996 J-D
llOi^J'ly'OO
Registered-.
1996 J-D
St P <fe N P gen g 6s. ...1923 FA
Registered certitic'8..1923 Q-F
129«8Feb'01
St Paul & Dul Ist 6s. ...1931 K-A
1271a 1301a
130 Jan '01
130 130
1917 A-O
2d 5s
96''8
95 14
1968 J-D
74 871a
1st eonsol goldts
96
22 941a 96
1948 Q-M
Wash Cent Ist g 48
96
951a
114
114
13 110 114
NorPacTerCo 1st g 68.. 1933 J-J
96iaDec'00
Nor Ry Cal See So Pac
IIOI4
116
116
110
122 'a Mar'Ol
123
105 "a Sale 105 14 105 la
J-J
Ualfied cfc ref gold 4s..li>29 J-J
Registered
1929 J-J
98\ 371
78:>4
100 "a
IIOI4
IO912
FA
2d extended gold 5s...l93H J-J
971a
80 490
102 161
10038 Nov'99
100 Mar'Ol
101
102i4Sale 10134 102 '4 13(;
101 12 101 12
101
8912 Feb '01
90
b'-A
P-A
1
<fe
F-A
High
i02"Feb*00
9«C
N Vife Pu 1st con pu g4s 1993 A O
Mont 1st gug 58.191G A-O II712.
Nor<fe
Went Shore 1st 4» gu... 2361 J-J II514.
2361 J-J '114»4.
Registered
Lake Shore eonsol 2d 7s- 1 903 J-D Ill
1903 J-D
R().'iNlered
1!»!I7 J-D ^0919.
Gold 3iaS
1997 J-D
Registered
Ciu <fc 8 l«t g L SifeM S 78 (11 A-O
A
Det Mon & Tol Ist 7h.1906
Ka A & G It «t gu e 08. 1 9.'.« J
J
Malion CI KR \nt 5»..19:ij*
141
J
Pills ilcKifeY iHt gii6s.l'j;!2
1934
132
J
2d guar 68
McKecH&B Vlstgfis 1918<J- J 127
H1BI4 Sale
Mich Cent Ist couboI 78. 19K2|M-N
1902iM N I11314
1st eonsol 68
1909 M-Sj 118'2
6s
193 1,
6«
1931 'OM
Registered
1040 J-J 109
4s
1940 J-J
Registered
Bat C<fcStnrl8tgiig3s.l989
Y & Ilailem g 3'..iS--.20(M) M N
2000 M .K
Registered
N Y<& North 1st g 58. -.1927
R WdkOcoB I8text5s.7tl922 \(> 128 '2.
Okwc & R 2d gu g 68...el916
RejfiBtcred
|
Minn Un See St P M <feM
Mo Kan & Tex Ist g 4S...1990 J-D
Jfl990
83
105
FA
FA
J-D
Convert deb certsfl.OOO
Ia
8mall certs »100
Tlou.satonic R con g 5S-.1937 M-N
M*Pl8t5s8tpd48intgu 1936 J-J
ad gold 4s
iBtextgold 58
ISwysep
1st 48...198n
RW&OTKlst gug5s.l918M-N
North See CU M <fe St P
8t P £^e« Ch M & St P
Si!nee
;? fenaruTjf I
i'o'7'i^jny'«)
AG
PA
WSee Chtc & N WW
<fe
Mai Ibt
Income 5sN J June R gu
Auk L«w
Bid
J-D
gug 48. .1991 M-S
N
Ma<l
JttSl
Meh&
WeeTc'$
JUuit^ or
LKit StiU
lf»12
MS
82 14
8312 Sale
83 Vj 82
103 'g Apr 00
81 Apr '00
2d income gold 6.1 B...fel91 7 Auk
Mex North let gold G3....1910 J-D
Regustcrcd
1910 J-D
Mich Cent Su N Y Cent
Mid (rf N J See Erie
MU L 8 &
See Cliic & N
Ma *
Mareti 15
.
1990 A-O
Mctpepol Kl l8t g08....190« J-J
KoxCenl
Price
Pridety
N. Y.
,
96'4 0ct'99
Ry cob«o148.1090 A-0
Coloiriz
BONDS
STOCK EXCHANGE
Sale B? Co January 1
Week Eotjwg March 15
High No Low High N Y Cent & H R—( Centinved
03 ^a Oct '00
MS
MaaSW
Tiangt
Since
R,5:
12B'4 Jan'Ol
K«*gi8tered
g
623
Bond Eecord— Continued— Page
190^.]
N. T.
Louisv
j
107
108
108i»105
110 110
97
105
100
32
100'4J IflO
931a Sale
Mar'Ol
no
Feb-OO
100
Jan "00
100
93 si
<«»»»,
.105 114
1
105
lift
i ioo"
SSi
MH
94^
39II
1
;
.
.
624
Bond Record— Concluded— Page 4
m
BONDS
Price
STOCK EXCHANGE
Week Ending March 15 ^^
N. T.
3?enn KR 1st real est g 4s. 1923
Consol sterling g 68
1905
Can OHTPncy 6b reg...i/lit05
C»Bsol gollt OS
191'J
Registered
wH)!')
Cousol fi:nia 4s
1943
MN
N RR&
W
NY
&
M & Co certfs
Pitts Y
Ash 1st cpn 5s. 1927
<fe
Jan '01
11234Mar'00
&
BoBie
Pitts
iSee
Wat & Og
B R
QF
M-N
133i2Jan'01
101 Oct '00
99
AG
See
I33I4I3312
Feb'Ol
Mar'Ol
114i2Mar'01
12G
108
109
127
M-N
II4I4 1143.1 114
A-0
1151-2
FA
J-D
is?" Nov' 9
A-O
'
121
Nov'98
90
90
J'ne'99
FA
11338 118
11339 Mar'Ol
8734 J,an '00
112
M-N 121
Mem
9434 Sale
1211-2
941^2
88
1906
1906
1931
1931
1987
General gold (Us
Geoeral gold 5s
M-N
M-N
J-J
J-J
1st trust gold 5s
A-O
Pierce C
O 1st g 6s. ..1919
St L
gold 4s.. 1996 J-J
S F
Cent Div 1st gold 4s.. 1929
Nortliw Div 1st g 43.. 1930 A-O
Southw Div 1st g 58.. 1947 A-O
RR
Kansas Mid lstg4s
FA
AO
105
891a 95
W
M
Begist-ered
..1937
Registered
1908
1948
1948
1922
1937
1937
1937
1937
EMinn 1st div 1st g 5s.. 190?
1st gold 48
Registered
Minn Union Ist g 6s
C 1st gu g 6s
112»8 Feb'Ol
11134 1121-2
111 112
I27I2I3I
II2I2II7
162i2Oct'00
M-N
J-J
91 14
99^-4
96
98 14
J-J
J-J
J-J
J-J
140
8II4 1837
11812118%
118^8 Feb'Ol
14134 Mar'Ol
13734 Feb '99
115=8 Jan '01
.
11534
1201^
IO6I4
12014
IO6I4
J-D 106
J-D
A-0
A-O
A-0
A-O
104
110
128
Jan '99
Feb'Ol
Apr '00
13634
13634
115
122
120
Jan '01
13634
Apr'99
104
'.
10 132
Apr '97
Mar'Ol
122
122
104
104
112
J'ne'OO
12612 Jan '00
128
111
123
Dec '99
9434 Feb'Ol
StJoh]i'8Dlvlatg4s...l934
gu
W 1st gold 5s. .1928 M-N
gu g
1938 J-J
SU Sp Oca<fe G gu g 4s. .1918 J-J
Sci«to Val & N E See Nor
W
S«ab& RoalstSs
1926 J-J
1061-2
Jan '01
10434
4s..
Feb'Ol
87
Mitl 1st
Feb '98
<fe
Gar Cent 1st can g 4s... 1949
Sher Elir & So See
K&T
SiVSp. Oca & G See Sav F cfe
Sod Bay & So 1st g 58
1924
Ss Car <& Ga Se« Soutliem
S«BUiecn PaeiSc Co—
2-6 year coll tr g
1905
Gold 4s (Cent Pac coU) &1949
Blistered
fcl 949
M
J-J
W J-J
IIOI2 Nov'OO
92
94 1h
137i2Jan'01
125 Feb'Ol
86
V
13712 13'?
125
126" Feb 'Oi
'.
107
109
116
.109
a 08 la.
12
10634 109
110-34
106i4Nov'97
107 14
107
117
109
114
^
^
116
108
109
120
119
Nov'OO
109
Aug'OO
11034 Feb'Ol
JOWs
10334
73;
112i4AT»c'97
Sale
941a 95
94
117 105 11 134 117
Aug'OO
Jan '01
1«9 1.09*
67
9434
1
93i'4'
11934 121 120 Feb'Ol
II912 117i2Jain'0]
Sale 120
12»
!117i2.J*ai?aJ
Feb'Ol
ri3i4jiei2J
120
t^
120
115-38
127
124
12-234
1-2412 Feb'Ol
127
124
108
102
109
109
M-N 116
1151a
I0914IO9J4;
Feb'Ol
Oct '99
Jan
123
122
1«6
108
114-
ii'^1
'99
II512
llSi^Deo'OO
91 12 Sep '00
119 Nov'OO
116
II8I4
J-J
ri24'>-2l2i4a
l'24;|i8ieT
127 Feb'Ol
123 Mar'Ol
101i4J'ly'0O
109i4Feb'01
110
117
J'ly'OO
:.y
115
Ist eon gold 58
1894-1944 F-A
St L
Bge Ter gu g 5s. 1930 A-O
Tex <fe N O See So Pac Co
Tex <fe P Ry E Div Ist g 6s. 1905
11234 J'ne'99
II514 II512
.
11534
M
115
.
J-J
J-J
A-0
J-D
J-D
J-J
J-J
M-N
115
I'I5'
Feb'Ol
II8I2 120
94 Mar'Ol
116
116
Western Div 1st g 5s.--1935 A-O 113
General gold 5s
1935 J-D
Kan & M 1st gu g 4s.... 1990 A-O
.100
W
L&Wpr
43
Mar'Ol
104
194
104
2000 J-D '118%.
32OOO Mar
86
1935 J-J '113 .
6(Xill5'8 120
106-38
90
...
Feb '01
1051-2 166-^4
Mar'Ol
92
95
86
88
851-2
82
73
85 Sale
* 99
99'^M.ir'Ol
98
100
107
108 Feb'Oi
107
106"^ 61 105
loeis Sale 106
105 Feb'Ol
IS,')
104 14 1349(103
10378 Sale 103';
110
110 ?ob'01
1(»3
104 IO4I2 l«l4i2Maf01
97
92
90 14.
9113
9II2
100
loiiis 1161a
--.H1514 US'*
115i4.Ta.n'01
S&
92
3h
98
996
3X»s
85'%.
99"%,;
108'
106.%
lfl«V
S l-OS
110
W434
Ore Ry & Nav con g 4s. 1946 J-D
126-34 130
Ore Short Line 1st g 6s.. 1922 FA 12712 1291-2 12734 1-2734
II6I2 49 U5 riS34
consol g 5s
1st
1946 J-J 116 1161-2, II512
Non-cuminc A 5s
106 Jan'Sl
106 106)
A.19-16 Sep
119 119
TJtali & Nor 1st 7s
19(»8 J-J 117
119 Mar'Ol
T">« J-J
113 UL3.
Gold 5s
113 Mar'Ol
J-J
Uui N J RR & C Co See Pa i.it
Utah Central See Rio Gr Wes
Utah & Nortli See Un Pacific
Utica <fe Black R .'Jee N Y Cent
Se^ Mo P
Ver Val lud &
W
See South Ry
1st gold 5s
1939
2d gold 5s
1939
irginia
Mid
Wabash
<fc
.
<fe
Tol P <fe
1st gold 4s. ...1917
Tol St
lien g3i2S. 1025
11434 115=6
50-year gold 4s
1925
Tor Ham & Bufflst g 4s. 7il946
11934 I2012 Ulster <fe Del Ist con g os 1928
10338 106 14
n Pac RR & 1 gr g 4s.. 1947
Registered
1 947
110
109
1st lien convert 4s
1911
Ore By & Nav 1st s t g 6s 1909
14138 142
115 14 Nov'OO
M-N 120
1st gold 6s. ...1934
Ist gold 5s
19.34
126"
.
A-O II9I4.
aavF& W
Brun8&
6s.. 1914
g
Highlifti
May'OO...
.
Falls
953910112
2dgoldinc5s
81 14 Tol & O C 1st g 5s
71
1011^ 636
9838
7958
,
MS
J-D
St P & SSs City See C St P M <feO
SFePresA Phl8tg5s...l942 M-S
A P See So Pac Co
SA
SF& N P 1st siBkfg 58.1919
AJ*
Ist eon
* N Ala
no
.
See L & N
& Nor 1st g 6s. 1939 J-J
Stat Isl Ry 1st gu g 4i-2S..1943 J-D
Snnb & Lew See Penn RR
SyraBing&NY SeeDL&W
Pebo & N See M K
T
-I er A of St L 1st g 41-28. .1939 AG
S
Spok
v
113 Jan '01
113 113
IO512
106
106
106 106.1a
87 12 Sale
85 'a
88 IHO 777g 88f
1131; 112
Feb'Ol
111 112109 12.
llli2Jan'01
lOSialllia
110
1103gAug'(H)
112 .
11034 Nov'OO
Guar
1936 M-N
WO& W stamped
I8tcygu4s..l924 F-A
WestNC
1st gold 5s
9934 100
80 14 Sale
137
MS
193t)
lyinee.
il2""il2
MS
MS
f
99 14
98i2Sale
97
98I4
97 la
973b
97
97 100 J-ne-OO
J-J
^
IO714 Feb'Ol
10334 10434
111
11134
91
Virginia Mid ser D 4-5s.l921 M-S
Series E 5s
1926
Scries F 5s
1931
.121811218
112
112
112 Feb'Ol
131 S.ale 131
131
II6I2 116^4 II6I2 II6I2
J-J
J-J I3314
Begistered
J-J
1st guar gold 5s
J-J iii"
Registered
J-J
"Wili.S; S P Isl gold 5s. .1938 J-D i22""
Begistered
1938 J-D
St P & Nor Pac See Nor Pao
ll<ait
5s.. 1930
General 5s
1937 J-D
St Louis So See Illinois Cent
1st g 4s 1)(1 ctfs.1989
£» L S
2d g 4s inc bond ctfs...pl989
Gray's PtTer 1st gu g 5s 1947
St Paul & Dul See Nor Pacific
St Paid
<fe Man 2d 6s... 1909
1st consol geld 63
1933
Registered
1933
4J-28..1933
Ke^tuced to gold
Registered
1933
Dakota ext gold Gs
1910
Most ext Ist gold 4s
1937
<fe
1st g 6s
Dfinv Ist g 4s
Yad l8t.g guar 48.1949 A-O
Greenv Ist 6s
1916 J-J
Low
107 Mai-01
10612 Feb '01
1956 M-N
1938 M-S
Registered
1938
GaPac Ry IstgGs
1922 J-J
Knox & Ohio 1st g 63.. .1925 J-J
Rich* Dan con g 6s
1915 J-J
Equip sink fu7idg 58..1909 M-S
Deb 5s stamped
1927 A-O
Rich & Meek 1st g 48. ..1948 M-N
SoCar&Ga 1st g 5s. ...1919 M-N
122
.
2dgold 6s Class B
2d gold 6s Cla^s C
Asl-
10434 Sale
4-4i2-5s. 1996
g
Div g
Con 1st gold 5s
E Ten reof lien g 5s
801a 82
921a 93
95
95
93
1st
ETVa&Ga
9812 101
M
N
Nor Div
&
Col &
Atl
Atl
105
Div
Registered
N Y Cent
St L & Iron Mount See
V
St L K C &
See Wabash
St L
Br See T RR A of St L
St L «fe S Fran 2d g 6s CI A 1906 M-N
&
Begistered
Nov'OO
101
88^8 Sep '00
105 Feb'Ol
82
82
93 Feb'Ol
1940
1994 J-J
1994 J-J
J-J
1996 J-J
1918 J-J
1948 J-J
AlaCnR
St
&
1st con gold 58
100 IOOI4
98 10()i2
1211-2
5 121 1211-2
94^8 218 921a 95 7g
lOCaSale IOOI2
.
Bid
Is
or
liait-jfe
u
b
Last Sale
Southern—
100 =H Feb '01
100 Feb '01
'-2
Law & Adiron 1st g 5s. 1996 J-J
2d gold 6s
1996 A-O
St L <fe Cairo -See Mob & Ohio
Friday
March 13
AG
115
'7
120
112
A-0
H See Pere Marq
Sag Tus <fe C 1st g s f 68.. 1913 J-J
alt Lake
St Jo <fe Gr Isl 1st g 3-48. 1947 J-J
M
127
1141-2
107'aOct'98
J-J
fFeek's
NYT&Mex
May'OO
117
P
<fe
II212
107
U
Guaranteed
112
i02""Nov'b'7
MS
Price
W
112
J-J
BONDS
Southern Vac Ca— (Continued)
GalHar& S A Ist g 6s.. 1910 F-A
2d gold 78
1905 J-1)
Mex & P.ac 1 .st g 5s .... 1 93 M-N
Gila V G cfe N 1 St gu g 5s li)24 M N
Hous E <fe
T Ist g 5s. 1933 M N
Ist gu g 5s redeemable. .1933 M-N
H & T C l.'<t g r>H int gu..l937 J-J
Consol g (is int guar. ..1912 A-O
Gen gold 4s int" guiir.. 1921
Morgan's La & T 1st 78.1918
1st gold 6s
1920
gu 1st g4s. 1912
No of Cal 1st gu g 6s. ...1907
Guaranteed gol-d 58. ...1933 .A.-C
Ore & Cal 1st guar g 5s. 1927 J-J
S A & A Pass l.st gu g4s. 1943 J-J
SoPof Argulstg6scl909-10 J-J
S P of Cal 1st g 6s
1905 A-O
Ist g 6s series B
1905 A-O
l.st g 6s series C <fe D. 1906
Ist g 6s series E<fe F.1912 A-O
Ist gold 68
1912 A-O
Ist cou guar g 5s
1937 M-N
Stamped
1905-1937 M-N
SPacofNMexlstg68..1911 J-J
S P Coast 1st gug4s....l937 J-J
Tex&N O 1st 78
1905
Sabine Div I8tg6s....l912 M-S
Con gold 58
1943 J-J
M-N 116
Registered
& Sar See D &
Rich & Dan Se^ South Ry
Rich & Meek See Southern
Kio Or West 1 8t g 4s
1939
TJtali Cent 1st gii g 4s.al91
Bio Gr .Tunc 1st gu g 5s. ..1939
BiogrSo Ist gold 4s
1940
Bccli
Jligh
Q-M
M-S
Q-M
1997 J-J
1997 J-J
BensseUer
iVo Loio
May'97
108
P
Keadiiig Co gen g 4s
January 1
Latt Sale
[Vol. LXXII.
STOCK EXCHANGE
Week Enuing March 15
N. Y.
J-J
Pitts McKccs cfc Y See
Ceii
Pitts
F 1st gold 5s. ..1916 J-J
Pitts Sh & L E l.st g 5s. ..1940 A-O
1st consol gold 5«
1943 J-J
Pittii
West 1st g 48
1917 J-J
P&
Range
Ask Low
Bid
DliRR& ISRe Jslgu4sg.'HH KA
GrB& lex 1st gu g4'2S 1941 J-J
Suncfelx'wis 1st g 48. ..1936
T7
J
Can gen 4s. 1944
Pemsacola & Atl See L & Na.sli
Tto A Kast &v! C C C «fc St I.
PeoA Pek Uu IstgCs 1921
2rt giild 4J-38
bl92]
Pero Blarquett*—
Flint & Pero Marq g 6s. 1920
Ist consol gold 58
1939
Pt Huron Div 1st g 58.1939
SagTusifc 11 Istgng4s.l93l
Pine Creek reg guar GS...1932
Pitts Cin & St 1j See Penn Co
Pitts Clev & Tollst g 6s.. 1922
Pitts Ft
<fe Cli
See Penn Co
Pitt« June 1st gold &.S
1922
Pitts eft L Erie 2d g 5s. ..al928
Jfange
Since
Weel-'s
or
Friday
March'15
AUcK Val sen pji g 48... 1942 M-S
Gl & Mar l.st g«i s^ 4i-2S..19;i5 M-N
J
.
Debenture series
A
M-N
II912 40 118 11934
IIOI2 26 108 112
Mar'Ol oo 9S3g.l»2ia
«4
64 lUGB 40
110 111
Jan'ftl
96I4 Feb'Ol
98»8
96
112 112
112 Feb'Ol
119
109
100
6234 Sale
56
110 111 111
1191* Sale
FA
1939 J-J
Series B
1939 J-J
9434
94
Det <fe Ch Ext Ist g 5s. .1941 J-J
106 la 10934
Des Moin Div 1st g 4s. .1939 J-J
87
87
St Chas Bridge 1st g (is. 1908 A-O
Wa«h Cent See Nor Pac
See Son t hern
Wash O &
WestNY& Pa l8tg53..1937 J-J
1943 A-0
Gen gold 3-4s
dl943 Nov
Income 58
West No Car See South Ry
West Shore See N Y Cent
109
100
^
110
961*
,
112
,
W
100
1211a
9914
Sale
32
Pitts
W Va Cent & PSee Bg & O.1911 J-J
1st
W Va L E Ist g .1926 AG
Wljeel'g»fc
120
95
31
122
100
FebTtt
122
100
32
<fe
113isll3V»
II312 Feb'Ol
6s.
4^
115 IIT
99''8
5s..
1001-2 571
117 118 1163^ iiGs^
J-D IOOI4
95«8 10034
Uli^. 11634.
11634 11634
931- 663 83
Wheel Div 1st gold 5s. .1928 J-J
J-D 92 7g Sale 9258
95 la
108 Sep '00
J-D
85 Nov'99
Exten <fe Imp gold 5s. ..1930 FA 11034
901-2 235
Si's
89
1 949 MS
9014 Sale
89
A & N 1st gu g 58. ...1941 J-J 105 14 Sale 104 1051-2 102 96 IO512 1st consol 4s
1011-2 297 100
CPaclstref gu g 48....1&49 P-A 101l4l01>2 101
10212 Wilkes & East See Erie
•
.
W
Begistered
,
.liH9tl?-A
Miort guar gold S^^s.
Begistered
fcl
929 J-D
fcl929,
J-D
887a Sale
WU & Sioux F
9978 J'ne'OO
88^8 381
ST^B
8314 SS^s
See St P
M&M
W
Winona A St P See C & N
Wis Cent 50-yr 1st gen 4s. 1949 J-J
8734
901a Sale
90''8l086B
85^
90S»;
?)
MISCELiuAJVEOUS BONDS-Concluded.
Mannfactorinc
& Industrial
Am Spirits Mlg 1st g 6&..1915JM-S
Am Thread 1st col tr 48.. .1919 J-J
781a Sale
Bar <fc scar Co 1st g Gs... 1942 J-J
Gramercy Sug l8tgold6s.l92;i A-O
1910 J-J
Steel Co deb 5s
1913 A-O
SloA-conv deben 56
con g 63.1918 FA 106
BaC'Paiiffi' C» l.st
m
lee (Ghic) 1st g 5s..l928A-0
NafcStaxdtxMfg Co Istg 6s 1920 M-N
S>aji Bope & T 1st g 6s...l946 F-A
1946
locoBiB goW 5s
O-^aJSnvel Co Istsf g 68..1918iJ-J
ip
S Iieath Co
s f deb
78I3
781a
781a 85
Jan '00
8934 Feb '00
99 Jan '99
105
90
70
98
93
ibs" Sale 108
63
661a Sale
8 Sale
7
g6s..l913tM-N '114
115
HendB
10634 100 105
Aug'OO
108
461a 7212
6
12
8
1131a 116
miscellaneous
Adams Ex col
It g 4s
1948 M-S
^aoer Bicycle s,f debea 5s 1919 M- S
A«tI*&Imp5s See Cent N J
104
80
* XT o price Friday; latest' bid.iuid. aaked.
105
10439
Sale
80
104 la
8e<%
109
IO714IIO
5612
Mar'Ol
W W
DetMcfeMldgr 31-2SSA.1911 A-G
Hack Wat Reor 1st g 5s..l9'26 J-J
Apr '97
1051a
Miscellaneous
Bkln Ferry Co 1st con g 5s 1948 F-A
H 1st 58 tr ctls
Bkln
<fc
Chic Jo& St Yard colg5s.l915 J-J
Co 1st
Hoboken L
&
s f
gOs.... 1931
I gold 58.. .1910
19«1
Iron Steamboat 1st 6s
Mad Sq Garden 1st g 58. .1919
gen g 48. 1940
Man Bch <fc L
84
74
Sale
31
M-S 108
M-N
84I4
84i4Peb'01
75
74
111 Mar'Ol
32-'%
3234
113
12'
29tia
7558
111
'
33-ia
Nov'9d
90
08
111
Oct '99
J-J
M-N
M-N
H
Newport News Shipbuilding <fe
dl990 J-J
Dry Dock 5s
N Y<fe OntL.-uidl8tg68..1910 F-A
.
St L Ter Cupples Stat'n & Prop
C«l8tg4iiae 5-20 year. .1917 J-D
6 Yuba Wat Co con g 6s. .1923 J-J
1043.109
80
80% S^ Val
idii" F^''»7
Wat Works 1st ee.l9t>6 M-S
Jvermont Mar 1st s f 6s...l91ttt
~-
ll»»a»cc'0«
-
AJfoA
JaJO.
IiXmfiFeb
dI>a.eA^ flfiueJ'ne bD'aeJIy
kI>«ftARg »Ixu«Sep
j»j;««.It9T
»*uJi^^.iS
—
.
March
.
.
Exchanges
of Business at Stock
JHd
Gas
liailroad
March 15
492,189
779,881
778,133
Monday
Tiies(fc»y
.
74,418.300
f«,0!f2,'250
879,628
85,712.100
114,240,950
l,208,8tf7
Vriday
BaleK at
Yoric Stock
Bxclumge
$3,o'o6
3,500
35,000
to
$41,500
March 15
1900
63,164,680
25,231,110
2,128,294
5,040,768
Btocks— No. stares
$485,512,850 $208,575,000 $6,103,076,050 $2,400,154,702
Par valne
$76,825
$33,250
$4,150
$1,025
Bank sliai-ea, par..
noia>s
Govern ratn t bonds
State bDSds
BR. and mis. bends
$41,500
178,500
39,344, 00»
$39,564,000
Total bonds
$617,450
745,400
266,523,900
$2,538,380
779.700
113,270,700
$13,006,180 '$267,-886,750
$116,588,780
$663,180
26,500
i2,ais,6«e
DAILY TRANSACTIONS AT THE
BO.ST'ON
AND PHILADELPHIA
EXCHANG ES
Week ending
March 15
Unlisted
shares
JAsted
sharse
lyoi
Bond
Unlieted
Bond
sfuires
JAsted
shares
sales
sales
'
Tuesday
"WcdneHday
Thursday
.
JYiday
Total
$41,000
91,000
93,000
154,140
74,1»0
181,070
7,316
34,373
25,867
25,014
25.221
28,398
2,729
4,149
9,246
5.003
3,206
3,438
257,463
Monday
12,212
17,094
17,584
14,725
22,425
32,422
$145,200
50,813
Satnrday
116,462
$634,910
146,789
27,771
$1.09S,537
16,469
34,914
37,651
47,781
e9,8:i5
A Wab Val—
Indianapolis St
36
100
230
Istmort 5s 1904. ..J-D §102
JJ 100
2dniort5«1914
Con 6s 1343 See Stock Exch
1st 5s gii 1924 ?1K1
B'way Sort
2d 5s int as rental 1905 5102 Hz
&
N
Central Oroestownstocdi.
M-N
let
Os 1922
M
205
Con I'k N & E Riv
Consol 7s 1902
J-D 104
Cliri8t'pT<fc 10th St stock 180
C«l& 9th Ave 58 .See Stock ExcJi
Bat stock.. 120
Drj- D
1st gold 5s 1932. ..J-D «117
F-A 101
Scrip 6« 1914
398
Eighth Aveune stock
105
Scrip 6s 1914
42d * Gr St Eerry stock. 395
63
42d St. Man & St N Ave.
Istinort 6« 1910. ..M-S 113
Zdincomo 6s 1915..J-J 99
EB&
LeiAY&P»TF6s
SeeStk
Ask
Bid
See Phila
17
liHt
80
112
LyBn&B«K»l8t58'24.J-D$112Hj 113 V
Minneiip.St Ry 5s Se« Stk E^ch li.st
New Ork-ans City Ry.... 23 24 14
Preferred
97 100
North Chicago Str stock. 201
115
103 12
iso'
210
105
185
list
125
119
103
19
80 12 81^4
48
1 1949. ..M-N
Lake St (Ohio) Elev stock
14^.1
Deb
1478
102^4
58 1928
J-J 102
Louisv St Ry 5s 1930 J&J §11834 119
Common
75
100
Prt'f erred
1st 58 190«»-16....,.J-J
North Jersey St stock
1071-2 1081.2
24
Bonds
8212
109
402
73
115
100
Pat Ry eon 68 1931.. J-D §1221^
2d 6s 1914
A-O«104
BocheKttr Ry
27
Con 5s 1930
A-O 110
2d 5s 1933
J-D
90
So Side El (Chic) srtock.
Syracuse Rap Tr 58 1946 ? 97
Union Trac (Chic) com...
15
l<^xc list
25
83 "^
57i-2
190
Ninth Avenue stock
Second Avenne stock
1 iK)
Istmoit 5s 1909. .M-N §107
Con.sol5.s 1948
F.A«118
200
Sixth Avenue stock
Son Boulev 5s 1945..J-jr «1U
So Fer 1st 5s 1919. ..A-O §108
405
200
Prrfemd
United Rys (St L Transit)
Preferred
Gen 4s 1934
103
IW)
11^«
75
4
A
Central
3«
Ches
cfe
Teleph
I'oto
stk.
J-J
58 1909-29
Commercial CaWc
('ommer Union Tel (KY)
Kuipire & Bav State Tel
1 .rie Teleg & Tclep See B
Bonds
Hudson River Telephone
ruteriiati»nal Ocean,
Mexican Teleybone See
New Kng Telrphone 6'e«
no
B<>»l<j
122
178
112
78
101
97
& N J Telephone
M-N
5.S1020
Pacific * Atlantic
Y
Telephone
.Southern cfeAtUiitic.
Cabh' ot Amer.
'I'el Tel
*
Electric
NY
§
23^4
Ml« Co.25
111 Co
111 Co
NY NY
NY
108
29
92
110
100
16>4
25
78
Klectro-Tneuiwatic Trans
l<"orl
Wayne Elec Co
Series
Preferred
A
NY
Do pref See Boal<jn Ust
flarttord (Ct; Elec Lt Co
Mci Edison Electric.
Do
preferred
Narragau (Prov) El Co 50
t(jrey
ProU*
Co..
General KJcctric.
United Electric of N J...
4s 1929
Unit Elec Lt & Pow Co.
.
Ferry Companies
Preferred
Eiri)>ire State Sugar
Preferred
lie
107
75
n
165
t
& W«item Trans 50*
General Carriage
I0U
General CbtiBiical
160
Preferred
Gorham Mfg
can.lO<^
'Erie
1
O
LM
I'referred
..._ ..1»0
H-avajia ComnsorCial
Preferre<i
llkr-.f one?* J*»wT
afOl.pf*
1922
M-S
Herriag; Hall-Marviu _
Istprv-ferred
100
2d prKfrcrtd
I.SI O.s
-
Hoboken
.
Ij»ud
^ Iwp't.
5s
listl
28
Dii
115
85
1
nUnoiB Klec Vt* TtaiB. 1
1.2'
'
i
I
ntCTB3tir>R]tl Etevat. i>-><*
1
1
nternafl Puuip
&^.S..i.-
Intirmat'l i^aiver fiec Stk
Preferred
I
3.M-'
BondK
105
Stock Exch
lOO
'Iron .'<te.;imbf>at
J-J
08 1901
Jt^tn B Stetson ««iB..l(*«)
PicfeiTcd
T,Mu.st4^i Monotjrpe
170
63
1
12
I^awveiti' f-Uirety
Excb''I_.aw'ver.s' lltle l«8.'..l
i
Stock
Exclv l,orillar>l (P)pcef
i'
8
11
MaAi.--on S«i Garden, .im/i
T- J
1^2
M-XI
2
ad 0« 1919
20
30 IMarkeeB Cwpper
15
25
Mex Kat Caiia(.n»c*.n pr.
Stock Exch Monoi>gabela RiveT Ct
5.
Pref e,rr«d
180
M onongahela Water 25t' 4»H-1 IT
17
MJW,
-JOT)
18 .Mosler .Safe Co
1
49
10«
1« i.KP8|
50
Natiowa Citrbon
92^2
100
Preferred
82J2rf»i^fe*
^
119
21 .J,
Nat Enam'g dkSiaanv 10»» 19
low
an l<g3Preferred
TOO
22
24
5 r.Ki
Nat^l Gr»roo|Aone
76
100
78
l<iafioruil Ha* preS
See Ba UUsl National Sail ,'iVe NY S*k -Kxcfty
1«>0 130
Natjciial Swety
1
-
I
(
:
Tute SeeffY '
S E Elec Veh <fe Trans l'N Y Loan A- Inrp.
20 12
5h.
Hob Fy 1 St 5r 1946 M-N
J-D
Con 58 1940
N Y & N J Ferry—
J-J
1st 5s 1946
10th & 2MSt8 Perry.,
'
Nat'l
21
NYifcBlstSs 1911. J-J 85
86
Con 5s 1948 See Stwck Exdi Ust
N Y & E B Ferry stock.
M-N
1st 5s 1922
N Y & Hoboken stock...
i
. . .
Brooklyn Ferry stock
Metropolitan Ferry
Vchi^e
98
'
(js
General Electric Co
lUio Isl Elec
,
UUyctric Boat
103
70
102
173 177
119 124
75
ost on Ust
45
50
118 120
9* 100
120 126
116 118
Bustu n tiftt'
.Xorthwe.stcru 'Jelcgraph
West'n Union Tuleg
BWcl
Klectric
Exch
of BnfTalo.
Amer
»0
250
iRt Os
Eiu|>rre Kt-eel
N
Sonffti
.
•"
See .SUv
SuutlFwestei 11
89
N
Telepbone
Teleirr
Y Stk
Amer Di«t Tele
Telejh
I
J-l>
681921)
Dkaniund Mahcb C0...IOU
Dietiil Cu of AKterica
Preferred
38
95
48
79
06
W(;Btern Gas (.Milw)
Y St<;<-,k Exch Ust
5h See
Hell
it En
.
-
«ttxd
iieii v<-r ic
l-Tef errfci
94
36
St Joseph (.Mo)
J-J§ »4
58 1937
4S»2
St Paul Gas stock
M-S§ 77
G«.Ms«.l 5b 1941
18
.Syraoii»e Gas stock
J-J
85
hst us 1940
&
-•b
A
'
60
90
31
60
20
11
Co
.^f^fl ,\iT
s,r il mating
29
50
t
Brk
];dis«n El
Kdi.son Ore Milling Co...
list
2.'>5
n25
stock.
Ry
..
£
K xch
S«
Pnrt idenw, Oae
Edison El
Paterson
-,...
.
B
24
Ind Cvn Nat <fe 111
;hio
J-D
45
Ist (is 1»2«
\ Stk
i-eople'B Gas* Coke
Pliila<Ulphia Co Bee Phi 4a lii<t
Eddy
J C Hob
&,
103
50
85
29
65
10
es
J-J|
I
]
l-'r(>vi<lence
38
102
240
103
110
g Nov
I pre
.
134,887
240,700
83,300
Street Railways
Ask
A
&
jCol
Hock Coal
1st -r5s ]ai7
irew'kf) ount.HHJI
J-I»J
45
Gh 1»25
OH
I'lelcrre^
100
65
.VUdiHon (Wjw) Gas Btoclc
A-O ^^nhs 110 {Con Ry Elec Lt
Squii>
1st c» 1920
-§140
141
;<>»j»M^ KiiWjer Tire
.Vewark Gas 6* 1914
55
I'lef erred
_
5«
.Vewark C»n80l Gae..lOt»
J-D §105 105»4L'^'o''t !i Cabinet Lock.l0<'
58 1948
•;:"
08t«n 1 ist
M'i; F) Co
.Ve w Enj? Cra« * C See
N
Weekly Beview of Outside Market See 7th Page Preceding.
^^
2(1
I
)r!t
28.5,150
209,:U)0
Outside Securities
Street Railways
NEW YOKK CITY
Bleeek St & Ym\ P stock.
l8tniort48 1950.....I -J
B'way & 7th Avo stock..
U) l»ti>rel loo 101
pr«l«rred
WK)] 101
i(;iatUn (11
40
55
40
45
Electric Companies
.MlPKbenyCr) Li^ht Ck)..
jFTor
55
05
:w
102
Exch
M-N
I'rajiklin
(.Did <fc Stock
Philadelpliia
Boston
IiMlnsrrial and Slineel
Bid .Ask
iChcwUrounh MlgCo WK)'
400
Ai^
,
1901
1900
1901
$8,500
144,000
20,000
January 1
Wetk ending March 15
,V
JiMidn
$39,344,000 $178,500
6,040,768 $485,512,850
Total
Kew
74,011,3.50
9f)2,070
"WediMs'tay
^I^ureday
Iionds
$3,761,500
5,094,000
5,070,000
7,303,500
8,20«,00»
8,701,000
$48,437,900
V
mate
<tc
Bonds
JPar value
Shares
N Y Stk]
Lacle<le Ga« Bee
I^afayette (Ind) Ga«
iHt 0« 1924
Lr)v;aiiHp<irt
BtoeUs
Week ending
45
M-N 94
100 20
A-M'iieo
0« 1920
l.st
6« 1922
TRANSACTIONS AT THE NEW YORK STOCK EXCHANGE
DAILY, WKEKI^y AND YEARLY
Baturday
^
.
.
525
Gaa etock
Indiaiiarp<'>hi
Kanxa.'^ C-Sty
I'JOl
'
.
THE CHRONICLE.
16, 1901.J
Yolume
——
^
i
108
69
96
81
.
Y Biscuit (k* 1911.."vt
& Iron l"©
N Y El Vch 'rransp..l00
In
110
NeTi^ J<T Zinc
71
Nicfcofcwn tt^.Cw
Otis Eh' vat or com
98
82'-.
?1121-2 11S»2'
aeffc
l»ref<Tre«l
Peck, .St«w A Wite««t..21
50
IPHBnsylvaniaCoad
9412 96
105>-2l07
75
85
Pi)t,s B<-86ct
LE
5VH
SOit
PrtJi^Tred
50 t
Piltslmrg Brewing
50 t
Ileferred
100
l;
Pittsburg C»al
l. -'."Hji
West Cliicago St
104
100
89
SSfe^
Preferred
I02ig
and Miscel
Indnstrinl
Con g 5s 1936
!••
M-N JlOl^g
Pitts Plat* Glass
vP^5«i
iifiliiMiiit T
Acker Mer <fe Con 6s 1903 100
Planters' Corapreas Bee B
83-fil 85 ^
Third Avenue See Stock Exch list
Amalg Copper 6V« Stuck Kxcli Ust
Pratt & Wliitn mi..Y«9
Gas Secnritfea
Tarry V/ P &
109
.1
6s 1928 107
.\in Aifric Clieiii .S<f Stck Exch Ust
iProcter<feO»mae....l«0 ."•'
1041-2 107
1*0
Yonkcrs St RK 5a
Vu.er Bank Note Co...6«1t 63
Preferred
55
NEW YORK
'96 111
61*
pre*
28tli <fc 29tli Sis 1st 68
113
Amer Bicycle com..
GHz Boy »1 Baking Po)»4
26:'4 27V lUibbt T <i«ods "'TTrenty-Tliird St sto^
400 410
Cent Union Gas 1st 58... ?108i-2 lOftV
Preferred
Mlg
'
106
Stock Exc
Deb 5s 190G
J-J 103
Con Gas (NY) stock
Bonds.5s See Stock Ex ch lisi
Pief.-rred
'•
; .t ErwiB
TjBlou Ry 1st 5s 1942 F-A 114 115»2 E<iult Gas con 5s 1932 See Stk E 4 list American Bridge Co com
42'
25+ 68
42
9_"
135
"Wcstchest 1st 58 1943 J-J J 105 110
294 296
9i:'4
Mutual Gas
I'ref erred
ir lI.-atJfeLtlOO
85 Hs 8S
Air IJJie 5«!B«*t^l
New Amsterdam Gas
American Cliiole Co
BBOOKL.TN
IO8I2 109
Istconsol 5s
80
Preferred
81 ItfciHiiaiii.iis Hardw com 100 1€5
lOiT 145
Atlan Ave 5s 1909y,A-OJ?107 109
9^8 1«V Preferred
Elec Lt Ilt&Pow
Stock EXC Amer Graphophone.-.lOjt
1«(1:T4:<
111-2'
OoB5sg 1931....J.A.O 112 113
Gold 5s See N Y Stack Excli List
Preferred
2d preferred
10|t 11
WO
Ii»pt6s <Se« Stock Exch list
101-2 Singer .MfR Co
Amer Hide & Leather..
10
Y & Ea.st River Gas
B B«fc
58 1933..A-0 100
102
34
.St;;Bdi»r<l l.»il of N J..1«M»
1st 5s 1944
Preferred
J-J §112>2ll4
35
Brooklyn City stock
241 1243
CxmsolSs 1945
.Slanfi r iMleTg* G»b*e 10«
J-J 106 109
6s See Stock Exch Itet
Con 5s See Stock Exch list
|Sli>«R-Slie(«eld iSteStoek K
Nor Un 1st 5s 1927. M-N 105 ItHji- Ajmcr Press Assoc' n. 100 75
BklnCro.^^.stn 58 1908.J-J 105
130 132
Standard Gas common
American Screw
250 1207 »2
i.Soullicru C^Hton Q«...S« f
SS
Hgts l8t48 1941 A-O lt)5 109
149 151
.\juer Sheet Steel..
36 "Bi 36
Preferred
Standard Caapler com...
KTSVIJ*
BkhiQCoikSub 6'ee Stk Exch list
I>ref erred
l»referT©d
l8t 6s 1930
M-N 115 117
81H! 82
70
Bklvn R«p 'lYan See Stk Eich Pist
Amer Shipbuilding... 100 32
35
Ktilhvinerce ASanVpfl
OTHER CITIES
Coney Island*; Brooklyn 325
13, v.!**
Prefemxl
93
100
95
St^rJKO Pow«r
>«0 101 rrv^r,
]8t5,sl903
J-J 102
103
3
Ato Soda Fonn com.. 100
7
Swifli Co
Baltimore Consolidat Bee Bait Ust
BscrUsindbt 1903. .J-J 100
1
lOO
48
ist.-i-i i»ift-ii)i4 ..-JJOoa -"i«3fe:
1st preferred
52
Bay St4ite Gas
Coal.lOO rW«-2;^.-..i
BrkC& N 6s 1939.J-J 114»a
9
ad preferred
100
12
exas <fc I>aeitic
Boston Unit4:d Gas bonds Boston liet
A-O ?«« -'frrttf
6rStJt;N«wlst5.s'06F-A 104 105
101-2 11
Ameruiiu Surety
50 185 fl96
Bnffalo City Gas stock..
1st G.-^ 190S
3II4 32
er'})t<S;Ix)rimor St lat Ss 105
80
Amer Slrawbo.trd
lOt*
1st. 6s bonds
§ 79
TitK- r. t»a.r A Trsst. IM ««» .i**5i--w
Kings Oo. Kievatcd
Bonrt.'^Gs
F-A 101
I'rcniou Pottery *«™ '***
Chicag^oGas S«eNYStk Exch list
ISO
100
Ist 48 1949 See Stock Exch Met
Preferred
I9914 19934 Anicricun Tin C^n subs
Cincinnati Gas ACoke..
lO*
461-2 .\TO I'ypefoTs 8toek..l0fl
Kassau Klco pref
75
43
55
80
'o-n- DiTectary B*"
Col Gius 1, & Heat com...
781-2
6s 1944
A-O no 114
Anef Wotdeu See Stock Sxch
Preferred
Jjr
1st 4s 1851
a€
97
Amer "Wringer c«n..lOO
Ist 5s 1932
J-J"§104 106
New Wl)'g <fc Fl Istex 4 »2.'> 104 105 Consol Gas (N J) stock
15
10
Preferred
SteiBway IstCs 1922.J-J ill? 118
£5
Jjr
80
Amer Writing Paper
Ist 6s 1930
PrefcTTe*
Consol Gas (Pitt«)
60
onii:K CITIES
5a
l*referred
6« t eevj 61
J
Vj BarT>e^'£ ^n Car
Bnftato Street Ry—
114 114
IM
Bonds 5«
Preferred
J St e«B8»l 5s 1931.. F-A «118
120
MO
Consum Goa (J City)—
Deb 6» 1917
TU'Tjni <fc Kng Br 1st 6s
A.O §1»6 lffl7
M-N «lft3
Ist (is 1904
Cliie:!,!roCity HRstook... 270 1275
ISiifls CoBtpuiy oma . . JW
Detroit Gas See N Y Stk Exch liRt
CUvebmd Oity R>;i6
34
Prcf prrtMl
102 i«2>4; Ksscx
]{u(ls<m Oaa.
64
Cli've City lst5sl909.JJ 103 »a 106 Hi Fort\N'ayue (Ind)
IlanA <fc Mort Crtiar. IW
45
36
C*evp|»llrt Electric Ry
45
f.2>2 Kriljtrh Odiuubia Roppcs
SS
84 »4
J-J
l8t 6s 1925
Con 5s 1913
1*5
101
.Brinmtew Mv$,JK Co
M-S 103 1040 Gntnd Rapids stook
Colnnibna (O) StRJr
OrUuJortCa
F-A §lilS 104
38
40
1st &« iai5
ProffTTed
Ornt Firewwrks aoBi
1«0
Hartford (C«) Gas L...26 t 48
•10
Coliiin By eon 5s Bet Ph fla lint
86
Bpsftcred
HTMleoB Co Gas
.^ .
Cro.<<sto'KS l«t 53
1«S I«3
Gha*MaeaT"Ore & FlCsaS
tl094-.
68gl»t9
€rand Rnids By.
Ckts
Gsaia SI kie..
XnAiana Nat
IQ Gas—
31
rreferred
4a
81
l»t SB 19*8
M-N 4S 66
S3
203
108
120
210
115
76
3-Ji 91
91I4
UnitTr & I'Uec(Prov) sHc 109
111
1st mort 5s 1919... J-D §105
108
321-2 33
Union Ferry stock
M-N
1st 5s 1920
97
98
,
f
1
M
,
W
NY
:
NY
WK
.
.1
NY
N
1-.
m™
,
. .
•
.
<<t:
.
JM
.
&
i
Buyer pays soamcd iaterest.
*0
t
PrleO'^flr
MW
-
.
H
'
9
THE CHRONJCn.E
62d
Boston, Philadelphia and Saltimore Stock Exchanges
Tf^ sihare Fricen— iVot Per C«utam IPrtceo.
[TOL. LXXII.
—A
Dally and Yearly Record.
Sales
ACTIVE STOCKS.
Kaiurday,
March
9.
36SH 3SS
958
•170
•343
194
Tuesday,
Hotiitay,
March 11.
March
12.
354% 35«W 354
354
173
I'B
171
a4<)
iiS'iiiV.iH
1941.J
194Si 193
49>4 15"% 150%1«'96
191^
148N14W
165
130
165
ISO
IS'i
43k *iH
46M 46M
143^ 1<14
•la
144
159
•129
4»%
»S
144
S'^M
MU
8»9i
18
91
83M f3
17«
•17J4
3
4514
4894
44
144
3»
ayi 8SH
89
SB
89
129
45%
4S94
144k
March
14.
3(1?*
83%
839i
19%
1**%
l»96
ei
91
91
91
84w,
Preferred t
Mexican Central
21
91% Northern Central
859t Northern Paolflo
Preferred...,.
8394
19%
•91
t5k
*i*t<
1'%
3-J«4
339«
1894
3a«4
919«
91
911a
B8
81% 85H
32% 38h
1S9(
32?«
3314
91
90%
139<
91^
13H 1^%
sas«
85
33
85W
3»)4
Hf9i
3!>a
97
98
tf8
3i96
15% 16
IfOH 100% 103
99
30
84
84W
8
30% S3V4
15% 15%
10194
971^
30
84
80
H4
188H
130^183
•
133
133
1t)0
ICO
360
356
101% 104
355 »5?l
17Si
38
63H
43^ 43^
65
^%
7%
OH
14
•92
li
95
18«
87
13^
37
en
6\6
•92
•
•17%
•
....
39%
53
7%
1394
92M,
93
13«
87
6
13
13
47
48% SO
61
60
60
•
73
71
Bid snd •tkedprloei'
INACTIVE STOCKS
359
1396
33%
33t4
y\-i
8 5%
91
85
9iH Onion
15% 16%
97% 97>»
i-9i
59
40
53
53
43% 43%
,
6%
7h
7
1354
94
136
6%
1594
83
5%
50
s(Phil)
"
100
100
100
100
631a
73
71
"
50
Fla.(Balt)100
"
100
1st pref
100
8d pref...... "
SPrmant'n Pass(PMl) 60
50
4T "
Hestonv
"
60
Pref
"
100
Street
Inds
PrefH
M
FtS4M..(Bost)100
100
Little Soliuylk.(Fhll) 60
"
Pref
Maine Central. (BoBt)lOO
Hliielilll4SH.lPhI)) 50
60
Hesquehon'g V. "
60
HoithPena.... "
Mar4u'te.(Bost)lOO
Pere
"
100
Pref.
Phil Oerm & N.(PhU) 60
50
Phlla. Traction
Bts Co GleneralT " > , .
<
38
140
170
300
"
Pref
WorNash&R.
"
"
173
302
66
280
74
150
46
74
35
96
ISO
58
168
61
63
97
146
98%
20
46
100
100 130
Amer. Cements (Phil)
50
Amer. I. 4 S
60k
76
..>,..
118
63
48
135
7
8
88
(Bost) 25
38k
Aroadlan
4
35
4%
Arnold Mining. "
"
88
35
33
Atlantic Mln'g.
35
"
89% 40%
Baltic Mining.
(Phil) 60
18%
BathBtael
Boston Mle<!Lt.(BosS)100 880 383
46%
Cambria Iron,. (Phil) 60
97
(Bait) 100
Canton Co
86% 36
Oenten Mining. (Bost) 25
13
"
85
12%
Central OU
89%
Con. Lake Sap. (PhU) 60
6C
40
"
Pref.....
.
10
DeLong H 4 B "
10
Dlom State 8t
pf .(Bo«t)100
Domln Coal
DomIron4B.T " ....
BastonConBl (Phil) 60
JkUsonBl lll...(Bost)100
Meo Co of Ami. (PhU) 60
Franklin Mln'g. (Bost) 28
"
100
•neral Bleot.
"
100
Pref
.
Ind-BgTV Com(Bost).100
IlltBntH48M
"
10
lntSP4Dynam(PhU) 60
l«le&07ale1...(Boit) 85
HanafaoRab..(PiiU) 60
"
Pie*
60
MaiylandBre w. ( Bait ) 1 00
"
100
Preferred..
•796
1394
•87
37
•13
50
•83
160
"
IC
NewBngG84CT " ,,..
New Hav 1 4 8. (PhU) 6
18
"It
2%
Telephone
NoAmGDredg(Bost)
"'\
10
Pref
"
35
35
60
United Fruit (Bost) .100
"
35
Dn Shoe Maoh..
"
Pref
86
.,,,
US Mining.... " 25
"
7
35%
16
n8PHorseCol.(Phli) 1
Utah Mining.. (Bost)4-85
Warwick 1 4 B. (PhU) 10
rel
Coal
•
84^9
7
50
Wolverine Mln.
"
316
25%
18%
36
6%
6k
61% 51k
Wluona Mlning(Bo»t) 85
25
Bonds— Boston.
AmBeUTel4i..l908 J4J aoi 101
AT&8Fgeng48.'95A40 3108% IC8
Adjustment g 4t..l995 8 93% 94
Boston Term'13%8.. 1947
BosUnaaslst5s.'39J4J
1939 J4J
3dM5s
Bur4 Mo Rlv ex'pt 6s.J&J
Non-exempt 6s. '18 J4J
Sink fund 4s.. 1910 J4J
Ch Bur &y 4s. 1923 F4A
lowaDlT 4s. 1919 A&O
hl6
i
i
83k
62>t
6s.....
3M S C4 M Ry4B 6s.'29 A40
KC8tJo4CB7s.'07J4J
L Book4F 8 lBt7s.'05 J4J
43% 43
Mar H 4 Ont 6s...'25 A40
Mex Cent 4s g..l911 J4J
9
1st con l£0 3s g non-oum
8d oon Ino 3» non-cnm..
b5
63
NHCotYam58l929P4A
NBGas&C
1st 5s. .1937
New Bng Tele 6s.' 16 A40
1907 A40
6s
I
I
68
99
90
05
n
?1 17
n 06
ill
,18
68I2
613
356
3 543
5s
4 Pot
4 Ch 1st 7S.1907 J4J
AtlG-Llghtlst5sl917J4D
Atl
BaltCPas l6t5s.l911M4N
Bait Fundg 3s. 1916 M4N
4
21
4
4
,
'",
It-
IC
4
63% Mar. 18
72% Feb. 81
11196
135
U3
UnBr & Bl lstls'49.M4S
Income 4s 1949. . . . J4T)
i •
• •
I
108
•
•••«
118
96"
118
90
:is%
L08%
105,»
iii"'
96
109
117
108
49
<3ebt.2-3s.l991.TAJ
M
10796
•
••«?
-
•
s *
• •
1
•§•
•«•*
iid"
114%
115%
100% lOOX
us"
138
••••f«
••••t
•
1923 J4D
Consoles
Annuity 6s
,J4D
Nat Asptialt col 5s
New'k Con Gas 5s '48 J4D
Newark Pass oon 58.1980
NYPhll4Norlst4s '39J4J
Income 4s ... 1 039 M4N
No Penu iBt 4s..'36 M4N
GenM7s
,1903J4J
Penn gen 6b r.. .1910 Var
Consoi 6s 0..,, 1905 Var
Consoi 5s r.... 1919 Var
l»i
la9
47
'•••II
.
• t • • •
lot
88
104%
90
108% 108%
A40
1939 A40
Penn Steel lat5s.'17 M&^
••••
••t«
t*tt«
•
• 1 ( •
<•
Penn 4 Md Steel oon 6s
108k
Pa 4 N Y Can 7b..'06 J4D 117
1.939
••t«t
10596 106
•
'
108
91
108
108
•
••!•
110%
104%
70%
Trust oertf s 4s
Ph4Er gen M 5g.'20
A40 131%
Gen M4Bg..l920 A40 lU
A4<-'
M 7s.. 1911 J4D
129
131%
Con M6sg...l911 J4U 180
108
HxttmpM4sg.'47 A4<:
Con M of '82 4i.'37 J4.; ••••••
Terminal 5s g. 1941 Q-F 186
185%
PWn&Balt4s.l917A4(>
88
73% 73%
,,,,*t
J4J
lOUH
Coliattrnst 48.1921
1997 J4J
Rochester Ry oon 5s. 1930
SohRBSldelstSs g'35J4D
Scran Trac Ist 6s 'SaaiAN
United N J Is. .1914 M4e
Read Co gen
4s,
tInTraoPlttSBen5s'97JA-l
9SiH
9694
"7*9%
Leh VC'l lst5sg.'33J4.J ioiii 106
Leh Val eit 4s.. 1948 J4U 130
2d 78
1910 M&S 138
130%
Consoi
8894
ibs"
110
79
1914 Q-F 108
RR4sg.
Gen M4%sg.. 1924 Q-F
Ph 4 Read 2d 6s.'33
79k 79%
117
180
K
People's Tr tr oerts 4s.'43
PhUa Blea gold trust otfs
109
136%
136%
103
111
87
Ry
4s. .1933
Sub B Ist 9s..'20 J4D
Lehigh Nav 4%s. .'14 Q-J
Indianapolis
Cons 5
Cons 4s
VlrgMldlst6B.1906M&8 110
3d series 6s. .1911 M&S
3d series 6s.. 1916 M&3
4th ser 3-4-5S.1931M4S
5th series 5s. 1926 M4S
Va (State) 3s new.'33J&J
N J 1st 5s. .'33
1st 7s.'05 F4A
Bsst4A Ist Ss.'20 M&iN
Bdison Bleo Ss stk tr otfs
B!eo4 Peop's Tr stk tr otf e
Blm4Wilm IstOs.'lO J4.1
& B Bk
H4 B Top con 5s.'26 A t.0
101
'
UnBlL4Pl8t4%s'29M4N
••«•••
Income 5s... .2862 A40
109
111 Gas-L Ist g 58. 1928
Hestonv M 4 F con 5b. '24
PotomVallst6s.l941J4J 100%
8eoAvTn(Pitt»)5»'34J4D 118
8av Fla 4 West Ss 34 A40 118%
Seaboard A L,4s 1950..,.
Loaneertfs 1903
Beab 4 Roan 5a. 1926 J4J
lis
Bq
.
A
M4N
Clt's'StRy(Ind)con 58.'33
Colum 8t Ry Istoon 58.'3i;
Del
'
5s 1926....J4J
Series
Series B 5s 1926....J4J
Trac 58.1997 J4J
Pitt Cn
WestVaC4Plst6«.'llJ4J 11194 115%
Wll 4 Weld 5s. 1935 J&J 123
Con Trac of
117
Ext 4 Imp 6S.1901M&S 100
NoBaltDlv 5S.1942J4D 181
Conv'rtlble 5sl906M4N 101
Central Ry 6s.. .1912 J4J
Consoles. ...1932 MAN 118
Bit 4 Imp 58.1932M48 115
Chas City Rylst 58 '23J4J 105
94
Chas Ry O 4 Bl 5s 99 M4S
CharlC4A ext58.1910J4J 106
..A&O
id 7s 1910
Clty48ub lst5s.l932J&D 117
88
Clty48ub(Wash)lst5B'48
Col4arnvlst5-6. 1 9 1 7J4J 117
Consoi Gas 6s. .1910 J4D 114
1939J4D 118
5s
Ga 4Alal8tpf5sl94SA40 108
GaCar4Nlst5s g. 1 939 J4J 106
a«orglaPlst5-es 1932J4J 133%
6aSo4Fla lBt5a.l945J4J 113%
KnoxvTrao IstSs '38A40 90
Lake R Bl l8tgu5s'42M48 117
.
Bid. A8b.
.
1st 6s tunnel 1911..J&J
Bal Trac lat58.1929M4N
Fund
14
'
Bait4Pl8t68ml 1911A40
8.--%
18k
6
30
30
BBoroGa8l8t5s.'38M4S
89
89%
118% USia
Biohange3%s.l930J4J 113%
NorthCent 4%s.l935A40
JatJ
6s 1904
8291
3
Map. 7
Jan. 14
164%
370 Mar. 6
106 Mar. 18
880 Mar. 5
1% Jan. 8
60% Jan. 19
S
10 Jan.
99 Jan. 8
35 Feb. 7
87% Feb. 11
7% Jan. 8
8% Feb. 1»
Feb. 18
16
99 Jan. 8
139 Jan. 80
3854 Mar. 9
896 Feb. 18
128k Jan. 8
16% Jan. 4
53 Mar. 19
Cambrlalron 68.1917 J4J
53
Che84D Cani stSs. 16 J4 J
ChooOk4G geu 5s'19J&J 110
.
Norfolk 8t 1st 5s '44.J4J
7!*
4
133
BaUs Ter 1st Ss. 1926 J &D
Berg4BBr8WlBt6s'21J4J
Atl Coast L otfs 5s .J&D
Bait Beit Ist Ss. 1990M4N
103
bSk
6
Atl City Ist 58g..'19
Bondn— Baltlmors.
Anaoostla
IU9
1031a
119
Jan.
^
Jan.
Jan. 1.
330
*
Jan.
1 696 Jan.
3
58 Jan. 3(
3<i% Feb. 18
18 Jan. 1<!
41% Jan 38
62% Jan. Jl
Feb.
Jan.
Jan.
17.n
90 Feb.
17 127k Jan.
3 335 38% Jan.
10,329
5% Jan.
1,56 < 138k Feb.
19g 11% Jan.
rs
40 Jan.
8,231 64 Jan.
57« 66 Jan.
18
Mar.
96
Bonds— PKiladelphla
AlleVyBeit7sl910A4O 127 18896
Asphalt Co 5s tr otfs
67% 6794
lstmort6s.. ..1906 J4J ?109
Rutland 1st 6s. .'03 M&N «103%
Torrlngton 1st 5s 1918... I ....
West Bnd St 5s. .'03 M4N 5108
1914 M&8 i
4%B
1916 M4N i
Deb 4s
NewpN40Plst58'88M4N 107
131
100
93
16
4
4%
8%
396 J*n-
18 14794 Jan.
76
l,7aO
2,713
8Sk Feo. 16
31
IH
.
no2
111%
83
813%
1
4,304
J:iU.
e
<3k Feb. 15
;
West N C oon 6s.l914 J4J
106
NY4NBnglst7a.'05J&J {11296
,
117
13
16
12
14
15
16
11
4
Mar.
31 101
BONDS
,.
1104
48
Maryland Brewing 6s
MotSt( Wash) 1st 5s'25FA 118%
New on Gas 1st 5s...Var
108%
84
15
Bal tlniore- Conolu 'd.
Maoon4Nlst4%8'90M4S
i
280
5,0 i«
Bid. Ask
Boston— Concluded.
NewBng congen5e'45J4J
SlOO
alOl
3IO3
100
100
11
3111-18
|l03%
<i
Income
116%
|ll7
Chicago Juno 5S.191&J4J
8
I'*
"•94
136
83% 34
KCM4Blst4s..'S4M4S
9
3
13%
33
135
Ch4No M gu 5s. "31 MAN ^101%
Chi 4 W M gen 5s.'81 J 4D {inSH
Cnrr't Riv Isi 5s.'27 A40 10
1
D a R 4 W 1st 4s.'46 A40 99%
_10
Domln Coal lst6s.'13M4S h
e9<
^.ist'n ist M 6* g.'06 M48 118
109
111
Fr Blk&M V Ist 6s '33 end 137
33I3 34
87
Unst'p'd 1st 6s.'33 A40 ij
«0%
lUln Steel oonv 5s.' 10 J4J
850 859
Debenture Ss. 1 9 1 3 A40
K C C4 8 1st 5s g.'26 A40 §108
8% 24
K C Ft 84a 1st 7s.'08 J4D 16
210% 211% K C F S4Moon 6s.'38M4N 80
190
163
6k
87% 38'
87% 38
3%
4%
DnElL4Powpf (Bait)
64
2,160
.
BONDS
AsU.
a%
Tamarack Mln.(Bost) 35 343
UnCopL4M'g
ao,9'^4
6
"
4
4%
36
"
35
87k 88
Palmetto Co.... (PhU) 25
"63%
S3
Parrott8ll&Cop(Bost) 10
PennBleoVeh.(PhU) 60
"
Pref
60
50
Ponnsyl Salt... "
70
Pennsyl SteelT. "
..,.
93
"
PrefT
100
4694
Phlla To ..,,.. "
50
19
16
100
Plant8rsCompT(Bo»t)
"
176
25 174
Qulncy Mining.
7
694
85
Rhode Isl Min.. "
712
8
Santa Ysabel Q "
5
8ir..(PhU)
117
w7n 151
1,S94 300
'
Old Col Mining.
Osoeola Mining.
5
....10'
Old Dominion Copper 7
"
.... 25
,
Philadelphia Bleo.l 5pald.. (Phlla.)...,.,.,
134% United Gas Improvement 1..
"
.... 50
13
United States Oil
25
,..,,., (Boston)..,
58
WelsbaohCo.
(Phlla.) ....100
63
Weetlngh. Hleotrlo 4 Mfg. (Boston) .... 50
73
Preferred
"
.... 50
•..,•••....,,
Bid.
MISCBLL.—Concluded.
,.,.100
New Bng. Ootton Yam,pref.(Boston)...,100
New England Telephone
,,..100
,
4
5
IS
U
.
71
73
73
6
7
H
81k Jan.
33 Jan.
lib 80 Jan.
600
IH Feb.
k Jan.
l2,5;-i9 13194 Jan.
38
8%
6%
13
"
"
T..
79
Jan.
3 358
Mar.
Jan. li 180
Mar.
Jan.
2 245% Mar.
> 19R
Jan
Jan.
Feb. 14 155-% Mar.
Jan. 21 160
Mar.
ISO Jan.
Jan.
Jan. 23 48
Mar.
Feb. 20 4 894 Mar.
Jan. 19 145
Mar.
Jan.
4 35
Jan.
Jan. 29 3096 Mar.
Mar.
Jan. 17 84
Jan. 29 31 96 Mar.
Jan.
Jan. in
Jan.
Jan. 31 88
32,29:
42<
Alkali
(Phlla.).... 50
Preferred, $10 paid
"
.... 60
141% American Sugar Refining IF. (Boston). ...ICO
130% Preferredlf
"
....100
,
159
Amer. Telephone 4 Tel. Co..
"
....100
H50
BoBton 4 Montana
"
.... 35
.,,
108
••
Butte&Bostou
.... 10
,
855 Calumet 4 Hecla
"
.... 25
,,
I7k Cambria Steel, $10% paid... (Phlla.) .... 50
6?94 Consolidated Gas
,,. (Bait.) ....100
391a Dominion Coal
(Boston),... 100
,
54
Erie Telephone
"
....100
"
4«94 Federal Steel
....100
63
Lehigh Coal 4 NaTlgatlon... (Phlla.) .... 30
"
..,,100
6k Marsden Co^ ..,,
8
National Asphalt T
"
...,60
14
"
PreferredV
.... 60
135% 187
Highest
8'% Mar. 4 87k Mar. 5
104 305 Jan.
2 3C9% Mar. 15
4,1»1 71% Jan, 21 7694 Mar.
4
28,534 13% Jan.
18k Jan. 7
7,048 33 3-16Jan .25 3894 Feb. 7
11,774 19 Jan.
4 8316-16Jan.7
7,990
M96 Feb. 18
994 Jan. 31
15,395 3196 Jan. 31 33% Mar. 15
2,760 78% Jan.
4
97% Feb. 7
c
1,031
83 .Ian.
90% Feb. 7
31,i33 8096 Mar 13 37 Jan.
3
8 02!
7
1894 Mar. 15 17% Jan.
6b5 9'<:94 Jan. 8 98 Mar.
50
50
50
50
"
....100
(Boston 1... .100
,
5
77%
13k
88%
7
300
1% Amertcan
a 31 7-16
Westm
20%
. .
6
«k
6k
7h 7k
13% 1394
91% 91%
,
21a
3k
'*
66
Tidewater St.. (PhU) 10
Torrlngton"A"(Bost) 3S
MISCBLLANHOUS.
"
4394
<3?«
62% 63
73
8u8queI4
170
109
68
7494
AJlonet Mlnlng(Bost) 85
Danv.Bessemer
89^
63%
STOCKS -BONDS
<
50
Wis Cent, new.(Bost;)100
17%
•58i4
tsFsanthaler .. (Bost) IOC
tl^
97%
Dnlt«dNJ.... (PhU)lOO 280
35
nnPow4 Trans "
West Bnd pref. (Bost) 50 112
61
8 8. (Phil) 60
West Jer 4
WestNY4Pa.
855
17% 17.^
•88k 59
s9k 3994
esk fi%
13
13
Paolflo
4
6
(Bait.) ,,,.100
,,,,
Amer.Agrlcul. Chemical
Preferred T
,
no lale wa made.
170
aa Bouth4
103%
,.
160
Ooi!n4Pa8«um "
370
Conn Rtvor.... "
OOMOlTrPittsKPhU) 60 35
"
IS9
349
186
855
i>%
63% X3
71
31
Pref
130k
159
345<
6
63%
20
64
Central Mass...
13^96
124% 1311a 134% 13iH 131%
13
8,40
Preferred
30
as
84%
i39i4 i'4096
i.<o
lao
88
"
37%
31,168
mtscellaneou* f^tocks.
101% I1312 Araalgamated Copperll
(Boston) .... 1
9996 \0^
•29 Hi 2994
8456 85
4396
•88
61a
,
....
....
....
"
126
308 139
7,108 26%
11,69) 21
"
....100
319* Dnlou Traction, $17% paid. (Phila.).... 50
I5%t fTnlted Br 4 Kleo. Oo
(Ba)t.) .,,, 50
,
9794 West Hnd Street.
(Boston).... SC
97
•185% 137
87%
13
16.
4 Oharlotte(Balt) 100
Bo*4Malnepf.(Bost)10C
100
Boston 4 Prov. "
1396
«a
13?
3''%
Ask
Atl
6%
7'.,
1396
•91%
13?%
3794
Bid.
Amer. Rallwa:
855
1794
5894
3»94
Preferred
85%j
30%
i\^
104
850
355
85j
7%
iiAILBOADS.— Price* Mar.
KO
"
,
3d preferred
13^4 Seaboard Air Line
lBli4
iri9
88(i
10>94 106
4894
131% 1811a 184% 135
18
130% 121
15!lla 1S9
54
6t»
14}%
139
179i
591a
3994
43%
85%
694
•ipsms?
37% 87^4
6
6%
13h ISH
71
7
8
14
14
1849413494
48
60
3^0
850 B65
-17% .754
6J
53
39
40
.'2
64
43
41
65
68
853
9H
16fl94
98^10194
98^
65
140'>4
lvi3
131
161
88
1399<
i4C9i
IB9
358
360
17«
(Phlla.)....
11-18
S2%
'96
1*1
160
856
97
850
13>4
a'i%
91 ?»
8^014
23%
•19i
••It •»»-!(
140
9794
10054 '"l^-a
39% 30
83h 84%
81M
1%
1%
2
100
^9
39
81
30
33% 33%
91% 91%
97% 97%
98
3>% 23
21 7-16
13^ ISVj
1
1H%
14,367
3,864
"
.,,.100
(Boston).... 100
<'
a
!
S)86
(Bait.) .... 60
(Phlla.) ..,,100
909" 20994 3X994 30994 sosiu 30994 20994 •30994 .'."" 309% 309% Old Colony
76k 75H 75>* 761a 75% 7614 75H 75% 78 76 1-16 Pennsylvania
Ifi
1694 16% 16 9-1
16 3-1.(1 16% 16 16 9-i<j 16 7-l« ie9< Reading Company
1 St preferred
3iJ^ 36 1-18 3-18 3^% 37 1-16
38% 3d9< *i«
85 15-16 35 15-10 69^
«1 1-16 9-\^
of Salet in 1901.
Lowest
152 351
635 159%
8 211
288 1
17,289 13S%
....100
....100
,
i'09"
7BM 75 «-l«
16M 15-16
Shares
171
83% 83H
iH94
•
Indloatea onlisted.
Boston 4 Albany
.,.(Boiton)....100
BostonBlevated, full paid..
"
....100
•343
846 Boston & Lowell
"
..,.100
Boston & Maine
iH5
"
1941a 195
....100
,
158
'66% Chic. Burl. 4 Qulnoy
153
151%
"
....100
•155
158 Chio. Juno. 4 Un. Stock Yds.
X165 155
"
....100
•139
139
ISO
Preferred
"
....100
45
46 Choctaw Oklahoma 4 anlf.. (Phlla.».... 50
4S
45
4S
48
Preferred
*i794 4rt%
"
.... 50
,,
145
lis
144
Fltchbarg, pref
141
.(Boston).... 100
32% 33^6 Lehigh Valley
3394 H.74
(Phlla.) .... 50
80
30^ 3)
8096 Massachusetts Bleot. Cos. 1i.(Boston)....100
31
18% 18%
•9C94 91%
Range
of the
Week.
Railroad Stoeka.
„
S54
17.i
3J%
33
If
15.
2'4
255
17)
2)5
30),
aSVi
83
li
91
4594
4894
144
March
33%
39%
><
esx
...
.
44%
48%
151% I5iH
189H
16S
160
Friday,
Thursday,
•353
171
•343
1941a
35t
172
845
M94ia 195
17'
171
173
81,3% 34 j% •343
180
•laa
43
We.dne.s<io>y
March 13.
95"
9454
110
l»
•
130
•
U6
77%
Welsbaohs f 58 1930.J4D
fl'&u
iAnd Interest.
•Price Inoludea overdae coupe
••t«
••••
••••!
•••••t
'
paid.
...
.
..
March
1
.' ...
..
.
1
1
4
. ..
..
.
THE CHRONICLE
16, 1901.]
527
and "^mlxovnH %nizllxQznct.
RAILROAD EARNINGS.
Invitstmimt
The following table shows the gross earninj^s of every Steam railroad from which regular weekly or monthly retnms
can be obtained. The first two columns of fij^ures give the kfoss earnings for the latest week cr month, and the last two
cohimns the earnings for the period from July 1 to and including such latest week or month.
The returrus of the street railwn%s are brmighi iofjethfv stfMirately on a subsequent page.
Notice Cliangc- Our yearly totals now all date from July I.
Zat,ejit
E0AD3
Week
or
Gross Earnings
Currcttt
Month
Year
Previous
Year
J»ly 1
to
Latest Chress Earnings
Latest Datt
Current
PreMous
Year
EOADS
or
$
.Tanuary.
Adlron^aek.. .
Ata at Soufhern Iptwk Mar
Janaary ..
Mtdland
& rexaf. Pao Juno.
Ala
.
.
AU
NO
NO &NoKa«t.
16,.3€3
40,613
99,337
15,214
41,241
93,188
Week
Year
116,528
1,526,1.54*
628,'27«*
126,135f
1,489,8.57
T-ea
Current
Year
Month
Angel Term February.
LouHen&StL.. Fefernarv
A Naahv. IstwkMar
Louisv
560,891
$
13,139
51,104
573,895
10,053
JoIt 1
JTrviouS
Year
1«
LaUst Dale
Current
Year
$
PreUtms
Year
$
112,803
%
81j023
42,492
444,184
418,640
526,4 .50 19,857,81 3 19,230,150
5,65.^
77,034)
5e.774
9,390
.53.895,
5«.47«
8,768
Macon A Biim... Ceitruary
February
7,»-81
160,054 1,319,060 1,249,5.51 Manistiqa«
Ala * Vioksb'g Ftil)ruary
74,513
637,750
604,122 I Mexieau Central IstwkMar 346,980 346, 93'Z 11 ,420,369111,446.222
56,264
621,791
Tlckfib Sh&P. February
493,670 354,672 2,232,1191 I,K83,2i^
504,785 Mexican Intern'l iHov^'ijlM-r
UtwhMar
27,007 1,199,087 1,170,352 ; Mexican Nat'l.. Istwk M.r 149,541
Asja. Arljor
1.56,614 5,12.3^411 4,y5<,4:«
3,8.56
AiinWa"h<fe Bal. January ..
6,159
36,313
49,367
43,907 Mexican North'n November
37,1*3
292^0ifl
257;j42
Wk Feb 2
Arkansafl Midl'd. November
16,647
16,408
61 ,'230
89,:iOO
59,992 ; Mexican Ry
94.000 2,79**4«ol 23.96.4 lO
AtcbTop&S Fe. January .. 4,416,836 3,721,2.54 31,363,452 27,534,736 Mexican South'b 3d wk Feb 17,0'2.j
17,788
4;)9.9I7j
•r72-.8.58
2.59,194
229,794 1,467,724 1,303,.523 Mi n neap A 8t L. Istwk Mar
A-t anta & Cliar.. IJeceiu'>fr
69, 7^22
52,044 2,'246,018' 1,978,176
28,090
Atl Kuoxv & No. February
36,007
319,968
281.465 MSt P A 8 St M. Istwk .Mai
71,656
86,453 2.977,24©1 3,.509,825
72,552
4.53,67(
64,118
426,0'27 Mo Kan & Xexa-< Istwk Mar
Attanfa& WPt.. January ..
275,479 204,1€2 10,80.5,58i' 9,267,439
JajQUiiry ..
692,783 644,953 4,328,799 4,138,163 Mo Pac A Iron Mt Istwk M.r 570,000 525,000 •22,5S6,H40;20,6 10,61
Atl Coast Line
Central Branch LatwkMai'
Atl Vald <fe West. February
16,651
20,390
153,610
119,480
23,000
19,000
938,7:j9t
*£e„491
Total
Istwk Mar 593,000 544,000 23,.525,«79 21 ,5.T7.1«5
Anstiu <fe Nortliw- .lauuary...
27,017
12,281
171,184
10,5,505
Mob Jack A KC- «arch 9...
Bait <i- Ann SL.. January
6,264
7,651
l,9fJ9
3.472
96.95!^'
7a.2Q5
82',848 Mobile A Ohio...., Fehruary
Bait & Lebigb... Dfcember
11,427
10,966
79,485
c482,70« c477,470 ' 4,201 .OOftc 4,129,4«3
Mont A Mex Gull February
Bait A' Ohio... } February
106,440 101,54a
90:5,12*
833,481
3,515,683 3,201,114 31,069,286 27,930,276 Nash Ch A 8t L
February o609,3'20 a508.242}'<5,173,672;a4,8O4,O62
B & O Southw. <
Bangor & Aroost Jantiary .. 124,240
3,7'22
87,295
830,785
697,033 Nevada C<'ntral January ..
1,936
19,569
16,913
BatU &, II amnion January ..
2,054
1,765
29,687
30,049 N Y C & Hud Riv February 3,820,.509 4,010,370 7 ,464,91>;r 36 ,703 809
Bellefonte Ceiit'l Ffcbruaiy
27,(M;4
3,113
3,803
29,513 N Y Out & West January .. 483,020 391,98." 3,03J:,10-Ji 3,0703»9
Bridjjt &8aco R. December
2,.564
2,644
21,937
22,058 N Y Sue q A West January .. 263,674 2'26,^246j 1.425,>J»4l 1,644,,384
Brunsw <fe We^t'n .January ..
59,116
407,720
63,358
418,976 Norfolk A West'i IstwkMai
290,165 240,979 10,851,944: 9,411,128
BnffRoch& 1 ts St wk Mar 103,5,57
98,958 3,894,863 3,149,036 - ori hern Central January
684,436 657,236 4,729,990' 4,7*>,490
435, '245
Buffalo ASiisq
Janu-iry
59,999
62,617
501,925 North'n Pacific* IstwkMar 546,018 5^23,265 3,'2*W,068,21,774,72O
Buxl O Rap & No 1st wk Mar
stwk Mai
98 ,.540
98,742 3,523,144 3,,57 1,652 Ohio River
27,979
25,9 19 l.a3»,52.5i
944,119
Canadian Pacific stwkMai' 532,000 412,000 20,836,058 21,059,832 Paeilic Coast Co Decern her
389,&15 419,«82 2,818,101' 2,837..532
Oent'l o Qeoritla IstwkMar
December
149,765 132,225 5,099,2-_'5 4,419,196 Paciflc Mall
2 60,.580
3.50.790 1,645.830 2,01<i.035
Cent'lNewEn^.. January ..
62,977
53,918
432,412
445,974 Pennsylvania^.. January .. 7,466,171 6,424,271 52,220.772,46,1 9H.072
Penn A North w'b January
Cent'l of N J»-rscj J<inuary .. 1,406,018 1,303,419
65,626
67.782
409,771
406,511
Central PaeiHc January.. 1,307,373 l,265,2ft0 11,716,356 11,464.985 Pere Marquette.. IstwkMar 135,954 114,211 5,75-t.lnl 5.12«;).698
Phlla A Krie
Oeni'l Pa & Wf Mt December
Janunrv
2,162
12,:W7
1,75
12,2(>4
441,396 390,213 3,S31,522J 3.,567.109
Charleston & Suv .January ..
403,0;^8
75,736
74,438
343,683 Khlla Wilm A B.. January
8«4,140 803,240 6,S19,07S (i,.5W;.678
Ohattan South' n. 4th wk Feb
2,267
2,030
6(),947
'29,097
•24.933 1,644,452 1,401.908
62,3041 Pitts Bej<« A L E. if-twkMar
Ches p <& Ohio... 1ft wk Mai 281,910 240,946 10,563,09.-i 9,099,281 Pittsb C C A St 1, January
1,6.56,500 1,64*1,137 11,2«8,713'11,636,299
Chic <te Alton Rv. December
766,488 711,241 4,738,.590 3,967.665 Pitts Cu A YouKh >ct»ber
21,1«6
18,293
70.297
72,188
Ch c Burl & Quin January .. 3,734,661 3,510,243 30,'200,07H 29,021,921 ittsb <fe West'n. Oc ober
214,463 182,6'29
699..535
758,249
Chic & E Illinois St wk Mar 131,264 108,575 3,954,909 3,684,149
Pitt-sb
A Tol October
109,70
98,441
414,668
367,901
Chi- Gt
stern. IstwkMai
132,980 126,939 4,784,431 4,665,0221 PiitPb Pa A F.. Octol>er.
40,529
20.5,262
167,623
38,140
ChlciDd &LV.. IstwkMar
67,231
61,972 2,767,587 2,S3:4.926: Total syste^a... ItwkMar
71,230
74,140 2,560,146 2,432,990
Chic Milw & 8t P 'atwkMar 790,680 696,891 •29,596,407 •29,301,795 Plant SystemChic & North
January .. 3,160,795 2,991,824 25,633,282 25,929,550
Ala Midland... January ..
99,337
93,188
628,278
560,891
Chic Pec & St L.. February
I^una & W'n... January
108,288 135,474
93l,'2.5<> 1,012,508
63,3.58
59,116
407.720
418.976
Chic RI<fe Pac... January .. 2,194,490 1,822,536 16,-501,966 14,840,304
Chaa A Sav
Janiutry
403.1^8
75,730
74,438
343,683
Chic St
S'av Fla A W... January
<feO. January ..
773,396 791,325 6,613,675 6,684,275
473,879 405,672 2,905,1«« 2,468,584
Chic Term Tr RK llhwkFeb
Sil 8 Oc A G
(January
26,874
21,953
931,290
118,'2«0
812,316.
15,081
20,174
158.S48
Choc Okl & Gulf. FebruHry
312,000 198,000 2,930,990 1,667,318 Reading Cj
Oln N O & T Pac. IstwkMar
Phil A Read
89,56'.
3.373,61 '2 3,517,570,
93,326
January
2,490,817 2,297,044 16,467,418 10.038,821
Clu Portam & Va February
Coal Air Co.... lauuary
23,697
25,84<)
265,868
239,429
2,826,354 2,225,162 16,748,751 18,882.095
ClCmChA 8tL. fit WK Mar 307,714 327,12.3 12,209,429 11,534,402 Tot both Co'8.. January 5,317,171 4,522,'206t33,21«,169'34,92<*;916
"
Peoria <fe i'^ast'u IstwkMar
^ .567,^2.54i 527,518
45,766
47,163 1,681,238 1,611,434 Rich Fr'ksb A P January
87,29*
78,617
Clev L,or & Wheel istwlcMai
32,'_'64 l,336,54:i 1,3 49,196 Rio Grande Jet.. December
34,693
•273,457
ai7,9s3i
43,563
41,119
Colorado & South January .. 376,736 369,388 2,843,05 < 2,586,766 Kio Grande So... IstwkMar
8,68"
386,30«
365.663
8,841
C«l Newh & Lan January ..
99,0;il Rio Gr'de Weet . 1st wk Mar
16,148
16,292
103,084
61,100 3,251,139 3,023309
60,000
Col Sand & Ilocb latwkMar
92€,4.56'
February
17,868
18,857
713,989
678,569 St Jos AGr I
91,029
945,.548
103,726
Cornwall &Leb.. January ..
22,284
27,722
146,144
173,505 St LKen'et ASo. January
72,481
11,370
7,150
90,046
Cumbcrl d Val ey January ..
6'23,890 StL
Ark
80,504
74,430
January
665,975
6,822
55^55
47,328
7,168
Denver A Rio Gr IstwkMar 197,000 177,300 7,910,813 7,008,169 ^t L A San Fran IstwkMar 181.737 135,231 6,989.550 5.545,848
Denv <fe Sonthw. December 212,5.50 210,173 1,235,449 1, '201, 789 St L Southwest .. IstwkMar 140,776 110,230 5,.305,118 4,2fe5,745
Det & Mackinac. January ..
65,344
63,406
476,305
420,026 StL Van
H.. February
152,343 147,188 1,318,70:5 1,317,4<H
Dul & Iron Rantc December
90,888
79,080 2,594,369 2,741,9291 San Ant A A P... January
1,444,436
224,838 153,643 1,700.06
DalSoSh (feAtl.. 4th wk Feb
47,466
692,5;-Mi
55,252 1,634,014 1,726,603 San Fran&NP.. February650.738
57,47
61,019
E St L (feCarond. Fetiruary
593.89"
8 Fe Pros A Ph.. ad wk Fob
12,600
12,403
103,863
19,409
640,867
100,980
17,5.5;^
El^ia Jul diiEast. February
Sav Fla A West.. Januar.v .. 473,879 405.6721 2,905,1 88< 2,4f:Pi,584
164,915 155,958 1,285,367 1,268,923
Erie
January
3O3.7©0
3,189,894 2,928,709 22,523,833 23,'282,525 Sher Shrev A So IstwkMar
563,644
5,71?^
15.521
Evansv & Indian IstwkMar
118,^28«
1.58.848
5,542
6,25
228,401
254,621 Sil Sprs O & G... January .
20,174
15,081
Evanav ct T H... l8twh]\rar
991,9'20 1,002,519' SoC AGaExt... February
24,990
162.811
26,665
21,717
192.179
26,037
Find Ft W & W February
75,'244
7,660
8,165
85,570 So Haven A East. February
2,461
2,809
FtW&Den\ Citj January
34,53-.
191,317 128,01
1,270,012 1,013;474 iSoucUern Ind .... Fe<)ruary
EtW&Kio Gr... IstwkMar
118.994
9,201
319,658 So Miss A Ark ... January .
10,480
86,448
7,472
459,1
15.186
Gads & Att Uu.. .November
1,296
1,7.55
7,079
7,371 So Paciflc Co 6... .January . 6,212,708 5.341,905 1 5,39:i,l b'rt'-tl ,466,525
Georgia RR
January .,
Cent PaciHo. . . January.. 1,307,373 1,265,^260 ll,716,r!5tS11.4<!4,9S5
177,510 149,634 1,118,450
983,153
Ga South & Fla. February .
"96,582
8'20,'304
Gal Har ASA. •lauuary .
95,706 101,.399
564,911 519.6ti*l 3.d;Ki.02* 3,7'2fi,514
Gila Val G<L N.. January
Louis'a West.
9'^,r24l
7'J9,S11
29,974
28,990
221,608
209,257
Januarj-..
158,133 120,iU9
Qr Trunk System IstwkMar 476,908 366,095 17,442,071 17,240,901
Morgan's L A T January..
672,428 553,'234 4,751,0401 4,370,028
Gr Tr A West'n 3.1 wk Feb
N
169,1^27|
188.50*
71,061
AMex.. January..
20.549
74,761
22,626
DotGrH&M. 3d wk Feb 18,527 14,473 703,756 691,32111 TexANOrl.... January.. 2.58,59 162,072 1.545.-2t>« 1.071,617
Great North'n —
SoPacof Cal .. January.. 1,533,273 l,3&tt.f27 I«,936,i:i8tl0.4o0,187
8t P Minn &
2.5^W».4.'^'2I e.H;'^.*>73
February 1,387,479 1,458,329 15,344.757 16,178,520
So Pac of Ariz. January... 434,793 365,55
^~~
"
East'n of Minn February
171,441 219,514 2,619,207 2,482,350, So Pac of N
January
217,833 189,.^32 1.--I'
Montana Cent'l February . 181.588 149,687 1,434,762 1,492,744, Southern Railw'v Istwk M
i
690.980 643,543 23,^Total system. February 1,740,508 1,827,530 19,428,726 •20,153,614
Sc 1 ouia Divls'n istwk Mar
32,527 1,3;
36,702
Hocking Valley IstwkMar
.119, .559
A Ind
95,866
95,036 3,242.419 2,924,639 Terre
February
131, .5.55 1,07
120,941
Uous & Tex Cent January... 442,033 334,188 3,241,60^1 2,627,463, Terre H A Peor.. February
337,062
3i
38,35
42,836
IlHiioia Cent al.. Feb: uary 2,846,947 2,634,415 24,524,120 21,927,758, Texas Central .
4s9.t5ii
2S2.492
5.6;>0
ithwkFeb
8,608
I linois StMitherc January ..
6.215,401
Texas A Pacific IstwkMai 17^2,421 13'^. 17
7,774.:
8,318
Ind Dec A West'L Novemlter
Oft,i.i><)
79/>98
294,2841 Tex S V A N W
321,440
63,783
51,724
February
11.000
Ind 111 &, Iowa... January .. 110,608
3-2. -^4 5
l,72M.:i:«» 1,5.10,328
626,935 Tol A Ohio Cent IstwkMar
73.5,256
94,542
46,360
Int & Gt North'n IstwkMar
1S,9G1
610,274
71,226
64,416 3,332,164 3,200,831 Tol P A West
IstwkMar
20,280
755A71
Intei-oc (Mex)
Wk Feb 23
87,600
31,2;52
91,900 2,5-_>7,300 2,608,580 Tol St LAW.... 1st wk Mar
52,131
Iowa Central
4th wk Feb
51,783
46,762 1,591,042 l,617,465j Tor Ham & BirflT Februarj25,756
30,092
Iron Railway
February
49,981 UBiOB Pao KB ]
37,088
5,892
6.370
Kanawha A Mich iPtwkMar
6154)63
496,282
Oreg RR * N
14,981
11,889
January 3,207,612 2,916,292 •2«,669,003 23.905,665
K Ft Scott <fe M IstwkMar 117,042 89,657 4,5,50,670 3,939,9001 Oreg Sh Line.
KCMem<fe Binu IstwkMar ^420
29.308 1.3SS,S89 1,167,7881 WabasK
IstwkMar 311.067 263,182 12.204,002 11,441.017
Kan City A N W. tN'bruary
'276,12'J
274,110'
32,407
Jersey A Sea e January .. 185 .1M» 179.810 2,'i74.4M> 2.0<9;n6
30,991
Kan City South'ii January .. 410,308 333, '203 2.685,169 2,397,676
VCen A Pitt. January .. 99.473 S6,7>^9 70;i.l38 668.733
44Sjaa7
496,663
7-2.664
K C Sub & Belt 2d wk Dec 10.673
265,690
261,967! Western of Ala
9,449
80.183
Januar.v ..
lohlgh A Hudsoi Felmiary
52,324 1.9'.)-2,li51
34,587
293,365
325,550 Wheel A LE.... 4tliwk Feb
33,502
57,103
81.4-^' r: ti(i5.121
l«Wgb Val RR January .. 2,204,642 2,202,548
Wisconsin C<'ut. IstwkMar
93.000
'l05.«89
I<«b Val Coal Co January .. 1,915,1781.672,2.32
«right«v A T-B. January ..
13,9S1'
4.3,">9ji20i .'t.91'2jMS
Iiaxillg A Ii.a»t'n. January ..
4-2-t.SS
205,575
167,e«2 Yazoo <fe Mis* V February
28.881
52<;,997
29,388
47.137
43Ui75i
long Lsland RR. December
2,658,4601 2,600,637 York Son thorn.. December
fa
7.314J
* Figures for February are for the railrowl only.
.'Mexican currency.
ojftrate* east of mtskurg.
t
\ Covers results oi Unes AirecUi"
t Includes Chesax>eake A Ohio Southwestern, Ohio Valley and Chicago audTexae for both y«axs.
o Includes Paducah A; Memphis Division fr«m July 1 in both years.
6 Includes the Houston A Texas Central and it.-< subsidiary lines.
c Results on Montgomery Division are included la both years.
dinoludes St. Paiil A Diiloth from July 1, 1300.
Pf-bruary
.
.
.
163,925
78,200
80,249
32,868
.
.
.
.
.
.
.
:i
,
.
I
.
1
.
I
f
d
I
W
Wn
.
.
PM
.
—
.
.
I
.
.
.
.
AN
.
AT
i
.
.
.
.
.
,
.
YT
M
M
.
.
H
.
.
1
.
.
.
W
W
.
I
—
—
.
.
.
.
THE CHRONICLE.
528
Totals for Fiscal Year.
In tlie full page statement on the preceding page we show
the gross earnings of all roads for the period from July 1,
that being now the beginning of the fiscal year of the great
majority of the roads. There are, however, some roads that
These with their dates are
still liave their own fiscal years.
brought together in the following.
Latest Gross Earnings.
Roads.
Period.
Current
Previous
Tear.
Tear.
Apr. 1 to Dec.
Jan. 1 to Mar.
Jan. 1 to Jan.
June I to Jan.
Rock Island <fe Pac. Apr. 1 to Jan.
Cbicai-'O
Clilc. St. P. Minn. <fc Omaha.. Jan. Ito Jan.
Choctaw Oklaiioma & Gulf.. Nov. 1 to Feb.
Jan. Ito Jan.
Cumberland Valley
Duluth South Sho. & Atlantic Jan. 1 to Feb.
East St Louis & Carondelet. Jan- 1 to Feb.
Jan. Ito Jan,
Ft. Worth & Denver City
GUa Valley Globe & North'n. Jan. 1 to Jan.
International & Qt. North'n. Jan. 1 to aiar.
Lehlph Valley RR
Dec. Ito Jan.
LsUtsh Valley Coal
Dec. Ito Jan.
Manlstique
Jan. Ito Feb.
Mexican Central
Jan. Ito Mar.
Mexican International
Jan. 1 to Nov.
Mexican National
Jan. Ito Mar.
Mexican Railway
Jan. Ito Feb.
Mexican Southern
Apr. Ito Feb.
Missouri Pacitio
Jan. 1 to Mar.
Central Branch
Jan. ] to Mar.
Total
Jan. Ito Mar.
Monterey & Mexican Gulf.... Jan. Ito Feb.
Northern Central
Jan. Ito Jan.
Ohio River
Jan. Ito Mar.
Pacific Mail
May Ito Dec.
Pennsylvania
Jan. Ito Jan.
Pennsylvania & Northwes'n. Jan. Ito Jan.
Pere Marquette
Jan. Ito Mar.
Philadelphia & Erie
Jan. Ito Jan.
Phlla VVilm'g'n & Baltimore. Nov. Ito Jan.
Pitts. Bessemer & Lake Erie. Jan. Ito Mar.
IPitts. Clncln. Chic. & St. L... Jan. 1 to Jan.
Pitts. Charters & You' gh'y... Jan. Ito Dec.
Blo Grande J unction
Dec. 1 to Dec.
St. L. Vandalia & Terre H.... Nov. Ito Feb.
South. Missouri & Arkansas.. Jan. 1 to Jan.
Terre Haute & Indianapolis.. Nov. 1 to Feb.
Terre Haute & i^eorla
Nov. 1 to Feb.
Texas & Pacitic
Jan. 1 to Mar.
West Jersey & Seashore
Jan. 1 to Jan.
•/
Latest Gross Earnings by Weeks.— In the table which
we sum up separately the earnings for the latest
The table covers the first week of March and
week.
shows 12*61 per cent increase in the aggregate over the
follows
same week
last year.
week of March.
1901.
1900.
Inereate.
S
Alabama Gt.
Southern...
Ann Arbor................
Suflalo Rooh. & Pltteb'K.
Borl. Ced. Rap. & North.
OanadlEui Pacific.........
Central of Georgia
Ohesatieabe <fe Ohio......
Chicago & East. Illinois.
OaJo. Great Western.....
Chio.Indian'lis & Louisv.
Chicago Mllw. <fe St. Pan)
Cin. N. O. & Texas Pao..
Clev. cm. Chic. <fe St. L..
Eastern
Peoria
Olev. Lorain & Wheel'g..
&
Sandusky & Hook'g.
Denver & Blo Grande...
Ool.
& Indianapolis.
& Terre Haute.
Ft. Worth & Rio Grande.
)
Brand Trunk
Det. Gr.Hav. & Milw. 5
Hooking Valley
Intem'l & Gt. Northern..
Kanawha & Michigan...
Kan. City Ft. 8. & Mem
Bransv.
Evansv.
.
Kmq.
G.
Mem. &Birm
Louisville
&
Nashville
..
Mexican Central
...„
Mexican National. . ......
Hlnneapolis & St. LoniR.
Minn. St. P. & S. Ste. M..
Mo. Kansas <& Texas
Mo. Pacific <ft Iron Mt...,
Central Branch........
Mob. Jackson & K. City.
orlois <Ji Western.
Northern Pacific.........
Ohio River...
........
Pere Marouette...... ....
Plttsb.Bess.
A;
L. Erle...
PlttBburg & Western
Rio Grande Southern
B'O Grande Western
Louis & San Fran
Lonls Southwestern..
Sherman Shreve. & So...
Southern Railwav
St. Louis Division
Bt.
8t.
Xexaedi Paolllc.
Toledo & Ohio Central...
Toledo Peoria
Tol. St. L.
& West'n.
& West
Wabash.
Wisconsin Central
Total (56 roads)
N^t
inoTAAfle fl2 111 n. o.\
40.613
32,868
103,857
98.540
532,000
149,765
281,910
131,264
132.980
67,231
790,680
93 326
307.714
45,766
34,«93
17,868
197,000
5,542
24,990
9,201
476,90 ^
95.866
71,226
14,981
117,042
40,420
573.895
316.930
149,541
69,722
71,656
275,479
570,000
23,000
3.472
290,165
546,018
27,979
135,954
29,097
71.230
8.687
60,000
181,737
140,776
15,521
690,980
36,702
172,421
46,360
20,286
52,131
311,067
93,000
8,927,807
Decrease.
$
$
628
41.241
27,007
98,958
9^.742
412,0:)0
132.225
240.946
103,575
126,939
(i4,972
696,891
89.562
827,12^
47,163
32,264
18,857
177,300
6,252
26,665
5,861
4,599
202
..
.
120,000
17.540
40.964
22,689
6.041
• •*•
••>•••
2,259
93,789
3,764
2,429
-
-
-
-
•*
939
..
19,700
ja»
710
._• . --
•
1,675
v-
7,472
1.729
366,095
93,036
64,416
11,889
89.657
29,308
626,450
346.932
156,614
52,04 J
86,453
204.162
525,000
19,000
110.813
1,999
240.979
523,265
25,949
114,211
24,9;j3
74,140
8.811
61,100
135,231
110,220
5,738
643,543
32,527
138,473
32,845
18,961
31,232
268,182
81.438
7,928,017
880
6,810
3 092
27,385
11,112
47,445
48
7,073
_ ,
17.678
„
_«,
...
•
.••
...
14,797
71.317
45,000
4,000
1,473
49.186
22,753
2,030
4,164
2,910
154
1,100
46,50"6
>•*••...
47.437
4,175
.._^
13,515
1,325
20.899
42,835
11,562
l,T50,i3ll
999,700
01
February.
1901.
1900.
Increase.
«
9,141.187
105,748
124.672
47.463
7,976.64P
94.951
523,469
480,374
132,432
41,824
13,222
102.000
8,608
94,041
32,144
9.377
99,000
5.630
38,391
9,680
3,845
3,000
2,978
Total (66 roads) ....._ 10,240,628
^»«tlncrea8e<14 21 n i.K
8,966,653
1,317,640
1.273.975
51,044
Decrease.
43,095
erevlously rep'd(55 r'ds)
^mi. Ced. Ran. & Nforth
Cln. N. O. & Tex. Pacific
Jiunth So. Shore & Ati
Grand Trunk
)
Grand Trunk Western >
<an. City
.It
1,200,420
10.797
5,434
119,238
55,252
9
35,879
7,786
)
& Mem..
Mem. & Blrm.
Hend. & St. L.
Grande Western
Lioulsvllle
1")
JB
Texas Central
43,665
—
Net Earnings Montlily to Latest Dates.— The table followshows the gross and net earnings of Steam railroads
-eported this week. A full detailed statement, including all
'oads from which monthly returns can be obtained, is given
)noe a month in these columns, and the latest statement of
ihls kind will be found in the Chronicle of February 23,
1901.
The next will appear in the issue of March 23, 1901.
ing
— Gross Earnings.
Current
Tear.
Previous
Tear.
Roads.
Adiron daok.a.
Jan.
July 1 to Jan. 31
Vnn Arbor.b
Jan.
July 1 to Jan. 31
Annap. Wash. &Bal. Jan.
July
to Jan. 31
4.tlan. <te West Pr.b. Jan.
July 1 to Jan. 31
A.ustln <fe Nortw'n b Jan.
July 1 to Jan. 31
1
.
Baltimore &
Short Line
,
—
Current
Net Earnings.
Previous
Tear.
$
5,621
85,003
64,876
307,571
.
Tear.
$
16,363
116,528
154,032
1,038,978
3,856
36,313
72,552
453,676
27.017
171,184
15,214
126.135
143,211
1,018,008
6.159
43,907
64,118
426,027
12,281
105,505
9,860
27,225
167,082
10,860
73,695
5,930
46,039
42,348
277,230
2,103
14,490
33,579
198,236
def. 1.874
13,908
6,264
7,651
1,815
2,731
871
Annapolis
Jan.
Balt.A Ohio.b
Feb. 3,515,683 3.201.114 1,092,938 1,034,084
July Ito Feb. 28... 31,069,286 27,930,276 10,426,527 9,988,351
BellefonteCenrralbFeb.
669
3,113
3,803
1,170
Jan. 1 to Feb. 28....
7.084
8.426
1,294
3,155
fturl.Ced.R. &No..Jan
426,007
360,968
146,082
101,421
Jentral Pacific. b... Jan.
1,307,373 1,265,260
355,240
300,750
July 1 to Jan. 3i
.11,716,356 11,464.985 4,683,069 4,651,281
Ohio. Iiid.&LoulB.a.Jan.
316,512
101,174
332,519
111,875
July 1 to Jan. 31.... 2,429,710 2,4«3,676
907,299
979,560
m^ju .iollet& E,.a...Tau.
166.802
181,494
72,159
78,946
l,120,i52 1,112,965
433,717
490,294
July 1 to Jan. 3i
22,516
26,133
6,238
7,926
Evans. & Indian. b Jan.
224,388
201,276
70,607
91.036
July 1 to Jan. 3i...,
115,663
112,712
Evans. & T. H...b..Jau.
53,255
54,484
859.143
398.313
868,376
399,043
July 1 to Jan. 3i
8,335
8,739
1,868
1,297
FlndlayFt.W. A W.b.Dec.
9,iJ39
59,614
68.895
9,884
July 1 to Dec. 3 1
ti't. Worth & Rio G. b. Jan.
64,017
33,234
34,779
10,720
203,2U9
407,228
286,034
128,633
July 1 to Jan. 31
Gas & Electric Co. of
15,000
6,155
19,633
6,702
Bergen County. a. Feb.
134,398
65,936
62.507
180,173
June Ito Feb. 28. ..
111.465
109,285
31,230
29,017
^ft. South. & Fla.a.Jan.
695,lb3
724,498
207,183
211,946
July Ito Jan. 3i ...
540,679
491,040
1,801,615 1,742,728
Bi. Trunk of Can,. .Jan.
424.854
342,122
56,453
110,958
Gr. Trunk West. Jan.
76,892
21,413
13,626
81,759
uet. Gr. H. & Mil. Jan.
442,053
334,188
187,036
75,397
aonst <fe Tex. Cent.Jan.
932,020
July 1 to Jan. 3i ... 3,241,604 2,627,463 1,683,898
3,220,473 2.912,379 1.269,6a9 1,093,680
llllooia Central. u... Jan.
July 1 to Jan. bl . 21,677.173 19,293.343 6,693,540 6,615,858
36,871
176,113
86,524
228,432
io-wa (Central. b... Jan.
£39,000
453,306
July Ito Jan. 31.... 1,391,216 1,446,75M
5,200
5,940
15,198
16,417
Lowell Eleo.Lt. Co. Jan.
34,411
34,769
91,672
107,^90
July Ito Jan. 31....
6,897
6,457
15,330
16,498
Mexican Telephone Jan.
59,663
145,691
76,130
170,758
Mar. Ito Jan. 31....
112,389
85,246
390,213
441,396
Jan.
-'hlla. & Erie.b
def.23
3,109
6,822
7,168
St. Louis & No. Ark. Jan.
25,508
23,923
47.328
55,555
July 1 to Jan. 31....
iionthernPacmo.b..Jan. 6,212,708 5.341,905 2,034,156 1,475,146
July Ito Jan. 31... 45,393,166 41,466,525 17,471,536 15,405,169
355,240 .300,750
1,307,373 1,265,260
Central Pacitio. b.Jan.
July 1 to Jan. 3i.... 11,716,356 11,464,985 4,683,069 4,651,281
.
519,660
65,487
60,362
564.911
908,436
773,331
July Ito Jan. 31.... 3,890,024 3,726,514
120,409
69,365
35,504
158.133
Loaisiana West. b.Jan,
253,975
799,811
422,346
988,124
July Ito Jan. 31....
122,916
553.234
235,845
672,428
M'g'n'8La,&Tex,bJan.
July Ito Jan. 3t.... 4,751,040 4,370,028 1,828,309 1,494,427
5.7i;
20,549
def .50 4
22.626
K. Y.Tex, <S M. b.Jan.
188,596
58,233
81.96_
169,127
July Ito Jan. 31....
46,548
162,072
93,545
258,597
Texas &N. on. b.Jan.
569.942
338.629
July Ito Jan. 3i.... 1,545,298 1,071,617
473,800
548,401
1.533,273 1,350,827
8o. Pao. of Cal. b.Jan.
July Ito Jan. 3i.. ..10,9,^6,138 10,430,187 4,489,675 4,179,699
179,417
365,557
236,871
434,793
So. Pao. of Ariz. b.Jan.
979,933
2,388.432 2,168,673 1,246,536
July Ito Jan. 31
112,580
189,332
133,225
217,833
So Pac. of N. M. b.Jan.
682,531
765,661
1,267.054 1,172,857
July Ito Jan. 31
25,058
85,327
21,996
87,557
ToLPeorlaA West.bFeb.
198.478
200,766
786,211
789,914
July Ito Feb. 28....
27,192
28,040
72,664
80,183
West.of Alabama.b Jan.
172,717
448,027
185,116
496,663
July Ito Jan. 31
—
9.78i
33948
week
Gai.Har.&SaiA.bJan.
21,7 i3
30,556
4(fe
.
19,409
1,397
r
[Vol. LXXII.
&M
31 1,981,062 1,802,707
810,391
7
913,557
31 1,406,01« 1,303,419
31 2S»,321.454 20,564,851
.31 22,0S9,244 19,737,125
31
791,325
773.396
967,717
28 1,558,263
74,430
31
80,504
28
354,«46
318,326
25,792
28
26,100
128,017
31
191,317
28,990
31
29,974
7
782,709
823,183
31 4,411,082 4.289,942
31 3,940,464 3,498,299
17,511
28
15,361
7 3,176,666 3,213,591
30 4,904,145 4,159.091
7 1,316,767 1,341,874
705,200
23
690,400
2t
676,519
735,052
7 5,853,940 5,084,959
203,921
7
207,618
7 6,061.558 5,288.880
212,978
04,173
28
657,236
31
684,436
210,000
223,752
7
31 2,224,281 2,575,388
31 7,466,171 6,424,271
67,782
6 =.,626
81
7 1,324,042 1,187,926
3'
390,213
441,396
2,845,202 2,774,402
219,617
263,5.^0
31 1,656,500 1,648,137
31
187,928
193,917
41, U9
31
43,563
28
624,173
629,904
10,480
31
15.186
542,717
28
511,142
160,217
28
182,776
7 2,108,668 1,655,243
31
179,810
185,110
.
For the fourth week of February our final statement coveri
66 roads, and shows 14*21 per cent iaorease in the aggregate
7ver the same week last year.
oet. Gd, H.
Can. City Ft. S.
$
Atlanta & Chirlottt» Atr Line.
Burlington Cedar Rap. & No.
Central of New Jersey
CJhlcago & North- Western....
1st
,
a Net earnings here given are after deducting taxes
b Net earnings here given are before deducting taxes.
—
)..
March
^
..
.
.
,
^
THE CHKONICLE.
16, 1901. J
Interest Charges and Surplus,—The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c., with the surpluf
above or deficit below those charges.
—Int., rentals,
etc.
—
r-Bal. of ifetEam'$.-
Current
Koadt.
10].Peo.& West... Feb.
July 1 to Feb. 28....
Previoui
Ourrent
Tear.
Tear.
Tear.
9
9
«
23.731
183,768
9
22,336
181,492
Prtvioui
Tear.
*
deM,735
2,722
16,986
16.9&8
STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gro8» earnings for the latest
period of all stkekt 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.
529
—Gross Earnings.
Current
Tear.
Roods.
New Castle Tract..
Feb.
Jan. 1 to Keb. 28
Scranton Railway.. Feb.
July 1 to Feb. 28....
—
Jan.
Seattle Elec. Co
Soath. Ohio Tract.. Feb.
Jan. 1 to Feb. 28
Jan.
agaii).it
Obobb
Babninos.
Current
PremouM
Tear.
Our'nt Prev'us
Tear.
Tear.
Week or Mo
Date,
Tear.
February
December.
January...
December.
.
Oln.
Newp.
'
.January..
& Cov
February
January...
CltyEleo. (Rome.Qa.)
Cleveland Eleotrlo ..
Cleve. Painav. & E...
CoDBOl. Trao. (Pitts.)
February
January...
Oeceniber.
Dart&W'portSt.Ry. February
Denver City Tram.. January...
Det. Rooh. Ro.& L.O. Decemljer.
4thwk Jan
Detroit United
.
Duluth-8ap. Tract.
January...
Dulutbbt. Ry....?
43,745
53.000 47.224
13,367 13,023
978,02b 966,823
6,43'.i
8,232
65,445 52.563
3,363
2,716
151.805 141.842
8,674
7,244
249,445 226,4«7
6,460
5,440
108,412 94.788
9,070
3,152
63,204 68,984
32,248
4.5,844
December.
7,836 20,737
Galveston City*
26,01b 24,883
Harrleburg Traction. January.
Herkimer Mohawk II4,303
4,344
lon&F'kfortEl.Ry. January...
Intemat'l Traction—
January .. 233.171 209,176
(Bnllalo)
JohnBtownPass. Ry. January... 15,534 13.417
4,812
4,817
December.
Kingston City Ry
.
January...
Ijehlgh Traction
(Can.) December.
Lorain &. Cleveland.. November.
London St. Ry.
January...
Mass. Eleo. Co.'s
Metro. (Elev. ) Chicago December.
Ry
Ry
NewburgSt. Ry
Montreal Street
February
.
January...
January...
Moflcatlne St.
New Castle Traction.
New London St. Ry
Norfoli Ry. & Light.
February
January...
.
November.
Northern Ohio Tract.
Ogdensbarg St. Ry..
Oiean St. Ry
Omaha & Coun. Blnfl
Ry. & Bridge
January...
February
January...
94.354
13,367
"8,232
January...
January...
Light Go's
Richmond Traction.. January. .
13,034
1,848
13.471
3,363
2,716
318,537
298,567
8,674
7,244
13,423
108,412
72.100
194,374
11,827
94,788
182,923
32,248
171,983!
26,018
235,374
24,883
4,303
4,344
I
233,171
15..= 34
68,033
9,489
209,175
13,417
66,647
8,756
16,327
333,467
142,466
16.603
293.892
128,983
13,471,
12,660
32.10oi
431,200'
91.8971
99,936
38,207
209,6451
446,086
88,567
82.788
33 296
203,897
286,275
18,714
220,106
17,946
44,529
34,668
Sacramento Electric
Gas* By
Januajjy... 32,10S
January .. 43 1.. 00
Louis Transit
Boranton Railway... February
43.9H9
Seattle Electric Co... January... 99,936
Sonthem Ohio Tract. February
18.353
Staten Island Eleo
December. 13,178
Terre Haute Elec.Co. November. 21,22b
February 109,.'513
Toronto Ry
Twin City Rap. Tran. January... 236,275
Union (N. Bedford). [January... 18,714
Union Traction Co.
(Anderson, Ind)... January .. 44.529
United P. & Tran«p.. February. ^Int. 9,
St.
.
'
.
.
;
United Traction—
)
28,761
446,08(
42,559
82 788
15.816
13,03t
15,172
103 955
220.108
17,946
34.658
249
\ Inc. 10,
February
96,257 89,846
Albany City J
United Tract. (Pitts.) January.
148 287 141,240
United Tract. (Prov.) January... 187,327 170,288
Wllm.&N.CastleEleo. December.
.
200,625
148,287
187,327
54,902
28,761
052
180,396
141,240
170,288
Winnebago Traction. December. '"6,599 "6,399
Worcester* Marl'b'h January...
4,686
4.686
4,052
4,052
for November due to loss by fire of power station and
\ Decrease
all of company's cars,
These are results for properties owned.
Decrease in earnlcgs due to storm at Galveston In September last.
nearly
i
*
Street Railway Net Earnings.— The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that week, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
In the Chronicle of February 23, 1901.
The next will
appear tn the issue of March 23, 1901.
—Gross Earn\ngs.
Ne Sarntngs.
—
.
Current
Tear.
Roads.
Blnghamt'nSt.Ry. Jan.
Cln. Newp. & Cov.bFeb.
Jan. 1 to Feb. 28
Cleveland Elec.a...Feb.
Jan- 1 to Feb. 28
Intemat'l Tr. (Buff.) Jan.
$
13.367
55,445
115,669
161.805
318,537
233,171
1
,
Previous
Current
Tear.
Tear.
$
13,023
52,563
109,759
141.842
203,567
209,175
Tear.
9
18,873
37,851
.^Bal.ofJfet Eam's.-^
Previous
Current
Previous
Tear.
Tear.
Tear.
9
9
9
21,445
4?,679
36,075
42,306
91,172
78,663
78,287
•30,522
•20,051
85,402
Income received.
—
Index. The index to reports published during the last
half of 1900 can be found by referring to the general index
In Chronicle of Dec. 29, where all references to annual
reports are designated by heavy type.
Missouri Pacific Railway.
('Report for the year ending Dec, 31, 1900. J
Second Vice President Charles G. Warner says in part:
There has been no change in the mileage operated during
the year, but compared with 1899 the gross earnings increased 8'7 per cent and net earnings 26 1 per cent. Passengers carried increased 16'3 per cent and tons of freight carried increased 90 per cent.
Passenger Tra^c.— Passenger traffic has again shown a
handsome increase, and in ratio with the general prosperity
of the country very, satisfactory rates have been the general
Agreements entered into between the St. Louis Iron
rule.
Mountain & Southern Ry. Co. and the St. Louis Southwestern Ry. Co., covering business between Fair Oaks and Memphis, and between Delta and Bismarck, may possibly prove
of benefit to the net results of the former company; as
against this, however, there is increased competition caused
by the absorption by the Choctaw Route System of the Little
Rock & Memphis RR., and the installation of through service
between Memphis, Little Roek, Hot Springs, etc.
The
pajment of commissions to foreign ticket agents
on Feb. let, 1900, has effected a considerable redaction in
abolition of
Freight Traffic.
i2,660(
810
2,157
18,131
159.636
34,167
5,19S
10,027
ANNUAL REPORTS.
expenses.
Hallways Co.Gen.—
Roads
9
lOi.,759
9,489
8,756
11,043
8,461
6618
6.378
89.886,
86.282
377.738 366,145
377,738 366,145
137,655
...il ,.572,54H 1,427.512
2.5'',596
126.999 122,510 269,885
6,ial
6.086
6,086
6,131
6.722
6,803
5,803
5,722
7,4el
8,048
15,409:
13,570
3,412
3,412
2,938
2,93^
424.180' 379,006
:29,904 30,104
37,772
32,772 28,842
28,842
2 038
870
1,187
2,467
3,4iiii
3.868
3,868
3.433
January... 16,327 16,603
Philadelphia Comp'y January.. 333,467 293,892
Pottsv'e Union Trac. December.
After allowing for other
"6,'432
116,€6!'
Tear,
—
Previout
Tear.
%
1.693
3,681
18,184
192,190
15,828
5,609
12,683
$11,253.
Roads.
Cleveland Electric. Feb.
Jan- 1 to Feb. 28
Intemat'l Tr. (Bufl.)Jan.
P0.806
530 643
13,023
694. 96o
tfetMarr.ingt
Current
Int., rentals, etc.
*
Ajnerloan R'ys. Co. 5Atlanta Ry. & Power.
Blngbamton St. Ry..
Br'klynRap.Tr.Co.
Chicago & Mil. Elec.
9
8.048
16,570
42.5^9
403,881
82,788
15,816
33,296
.
Interest Charges and Surplus.— The following Sthebt
railways, in addition to their gro.ssand net earnings given in
the foregoing, also report charges for interest, &c., with the
surplus or deficit above or below those charges.
Current
1 to Latest
Tear.
.
and tolls in February, 1901, were $12,194, against $11,986,
J Tares
and from January 1 to February 28, 1901. .$24,840, ai^ainsr; *2l,465.
After deducting these items the net in February, 1901. was .*20,611.
against $19,673, and from January 1 to February 28, 1901, $42,813,
STREET BAILWAY8 AND TBACnON COMPANIES.
Latest Gross Earnings.
$
7,481
15,409
43,989
395,391
93,936
18,353
38,207
Previous
9
4,302
t32.SO'\
:67,653
61.554
129.023
109,914
—
Previous
Tear.
9
4,297
:31,6?9
165,718
67.520
120,969
92,080
— During the year 1900 there was an increase
volume
of freight of 9 per cent over the previous year, the
increase being general and not due to ary special crop movement or the transportation in unusual quantities of any
While the tonnage has largely
distinctive commodities.
increased, the rate per ton per mile has also slightly increased,
viz.: from •827 cents in 1899 to Sdi cente.
The movement of
cotton shows an increase of 14,102 tons over the Iron Mountain, and a decrease of 1,475 over the Missouri Pacific.
The
decrease over Mo. Pac. is due to conditions entirely beyond
its control.
substantial increase of 335,910 tons is shown
in movement of bulk grain over entire system, although
there was a decrease in tonnage of corn, which is accounted
for by an almost total failure of the crop in southern section
of Kansas, and partial failure in northern and central sec-
in
A
tions.
The revenue tons moved one mile for the year of 190O was
2,628,456,522 as against 2,419,581,821 in 1699, an increase of
208,874,701 tons one mile. This increased tonnage was
handled with a reduction of 475,756 freight train miles and
reflects the efforts to reduce the cost of transporting the
freight traffic by securing a heavier loading per car and its
resultant heavier tons per train. The revenue load per
train has been brought up to 239'1 tons [contrasting with 211
tons
1899J, the increase in the train-load coming largely
from heavier car loading.
Betterments Charged to Cperating Expenses.— Betierments
and additions to the Missouri Pacific branch line properties,
also improvement work upon system equipment to the
amount of $825,074, have been charged to operating expenses
during the year, viz.: Rebuilding eijuipment. exclusive of
repair work, $543,565; buildings and ttation facilities, $77,577; betterment of bridges with improved structures of steel,
iron and masonry ($169,539), less provided for by improvement funds, not charged operating expenses ($76,906),
$92,632; new ballast, side tracks, new steel, trestles, culverts,
fiUiDg trestles, etc., $111,299.
JSiw SfccA:.— Daring the year 1900 additional Missouri
Pacific capital stock was issued to the extent of |2,9S3,500for
the acquisition of §2,9^3. COO 1st mortgage bonds, series "B,"'
also $500 scrip and ?4,016,C00 capital stock of the Kansas City
m
Northwestern RR. Co.
.
THE (HRONICLE.
630
-Bonds.— Under date of June Ist, 1900, the Missouri Pacific
Ry. Co, executed the gold debenture indenture, aecuring
whicb the company was
fl5. 000,000 5 per cent bonds,
authorized to issue to retire the outstanding 5 per cent gold
lat, 1895, |6,713,000; to pay and
satisfy loans payable, $1,067,969; to anticipate and retire
equipment trust notes, |3, 462,040; for partial reimbursement
of income resources heretofore appropriated for capital and
investment expenditures, $1,757,991; reserving for the im
provement and betterment of the property of the railway
Gompany, the equipment thereof and additions thereto, and
the construction or acquisition of extensions and branches,
$3,OCO,000.
All these bonds, with the exception of $638,000
reserved to retire equipment trnsts and the $3,000,0i)0 for
additional improvements, being a net amount of $11,363,000,
The 5 per cent gold
have been issued during the year.
funding notes amounting to $6,712,000 were retired and deetroyed, and the securities theretofore held by the trustee
thereof have been transferred to Ihe trustee of the gold debenture indenture. The loans payable, $l,C67,969, have been
funding notes, dated March
satisfied.
The
SI-.
Louis Iron Mountain
&
Southern Railway has
notts, issued in 1898 for new equipment, to the
extent of $142,576, and has paid off $300,000 loans payable;
also $50,000 general consolidated railway and land grant
bonds have been redeemed with land grant funds. Gold
funding notes amounting to $4,723,000 were retired; $771,000
of these were held in the treasury and the balance, $3,952 000,
purchased at par from outside holders. To aid in such retirement, unifying and refunding bonds for $3,952,100 were
issued and placed in the treasury; $3,596,000 of which were
subsequently sold at $850 per bond, netting $3,056,600, which
reduced
its
[Vol. LXXII.
LOUIS IRON MOUNTAIN AiSOOTHERN (OOOs Omitted).
Coal.
Lumber.
Live Stork. Bulk jj rain.
1900
5,^46 1,469 (25-2%) 101 (1-7%) 549 (9'4%) 6=i4 (11-2%)
1899
5,389 1,3.')6 (25-1%) 118 (2-2%) 440 (^'2%) 510 (9-5%)
1W9«
4,720 1,189 (25-2%) 110 (300^) 302 (8-4%) 477(10-1%)
4,2.S8 1,035 (24-30/a 1«2 (4-3%) 479(112%) 346
1897
(8-1%)
1896
3.731
926 (24-8%) 197 (.^•30^) 346 (!^•3%) 314 (8-4%)
1895
3,605
^61 (26-7%) 178 (4-9%) 187 (5-2%» 349 (9-7%)
Statistics,
The statement of operations and earnings of
the combined Missouri Pacific and St, L. I. M.
So. systems
tor three years is as below given.
The Central Br. Ry. and
the Ark.
La. Ry. results are not included:
OPERATIONS AND FISCAL RESULTS OP MO. P AC AND ST. .. I. M.
so.
ST.
Year.
Total.
—
&
&
cfc
1
1900.
4,938
Miles operated
1K99.
4,93 i
1898.
4,938
Operations—
Passengers carried
3,898,809
4,941,764
4,250 046
Passengers carried one mile.. .237,867,754 229,160,688 223,364,405
Rate per passenger per mile.
2*2 cts.
2-172 eta.
2104 cts.
Frelght(ton8) carried
9.431,723
11.126,275
10,206,9(0
Freight (tons) oarr'd one mile.2628456522 241958 L821 2272847374
Rate per ton per mile
0-827 cts.
0-844 Cts.
834 cts.
E'irnings—
$
$
$
From freight
19,183,899
21,935,843
20,008,189
From passengers
5,233,v?28
4,699,178
4,978,013
From malls
1,162,676
1,059,313
1,128,132
From express
596,388
471,369
518,258
From rents
e 9,020
61,968
63,267
From miscellaneous
1,514.158
1,269,095
1,383,963
Total earnings
Expenses
Transportation
Motive power
Maintenance of way
Maintenance of cars
General
30,511,313
28,079,820
26,744.822
7,738,572
5,539,226
—
7,916,874
3,903,20t>
1,9!S0,080
779,554
19,858,166
Total
3,779,712
2,022,453
659,709
7,866,037
5,097,010
3,919,677
1,721,959
567,855
19,632,113
19,172,568
5.205,8sl2
sum, together with cash from the company's treasury
amounting to $895,400, permitted the retirement of the
$3,953,000 gold funding notes, leaving still in the treasury
unsold .*356,000 unifying and refunding bonds, in addition to
previously held
Texas & Pacific Sod
there.
$250,000
mortgage income bonds of face value $193 000 were acquired
during the year, and on this account there were i.'suel 4 per
cent gold unifying and refunding bonds for $124,000, makmg
a total additional issue during the year 1900 of these latter
bonds of $4,076,000.
Equipment. Arrangements were made for as early a de-
Net earnings
7,572,254
8,447,707
10,653,147
69*915
Ratio of op. expenses to earns..
71687
65-0S5
The consolidated income accounts of the M,\ Pac. and St.
L. I. Mt. & So. and leased and operated lines (excluding
Cent. Pac. and Ark. & La. Ry.) have been as below given:
CONSOLIDATED INCOME ACCOUNT OF MO. PAC. AND ST. L. I. MT. & SO.
livery as could be afforded of 66 locomotives for freight
service (7 being already in use) and 14 for the passenger
service on through lines. Orders were also placed for 500
flat cars, 1,000 coal cars and 500 furniture cars, of which part
were received towards the end of the year, and delivery (of
the entire lot) will be completed early in 1901. In addition
the company will receive during February and March, 1901,
2,000 new box cars. The statutory requirements for automatic couplers and air brakes upon the existing equipment
was completed during the year, and in addition the equip
ment was generally fitted with the latest devices for economical and safe operation.
Roadivay, etc. Adjustment of grades was accomplished
along 46 miles and additional side tracks and facilities were
furnished; bridges were replaced and together with culverts
strengthened and made available for heavy traffic; heavier
rail was laid along 139 miles, releasing other rail, which has
been used to the beat possible advantage at other locations,
Deduct—
Interest on bonds
—
1900.
Otherincome,
classified as follows:
Class
"A" LineB—MisBourlPaciflo Railway,
Mites.
St.
Louis to Omaba,
Kansas City to Pueblo, etc
St. Louis Iron Mountaiu & Southern Railway,
1,94.5
St.
Louis to
Class "B* Llnes-^Mlssouri PaciTc Rahway.!""."'"!""!"!!"!! 1^198
St. Louis Iron Mountain & Southern Ry
289
Note.— Class "A" lines are those having bridges and trestles over
which all engines owned by the company may be operated, except the
ten-wheel freight engines, weighing 119-125 tons. The.se engines
should be used only on main lines of the Missoari Paciflo Ry., between
St. Louis and Kansas City, and the St. Louis Iron Mountain & Southem Railway, between St. Louis and Texarkana.
Class "B" lines are those where medium-weight engines, up to 89
tons (engine and tender), can be used.]
Construction work continued during the yeir on the Ft.
1898.
$
8,447,707
1,914,328
7,572,254
835,435
10,362,035
8,407,689
6,372,328
div., int.,
10,653,147
2,709,619
&o....
5.346,195
497,277
913,540
470,778
7,227,790
1,179,899
Total
Divs. onSt. L. I.Mt.&So. stock
1,547,242
5,696.750
497,277
915,164
2,016,172
515,745
Total
Balance, surplus
9 976,001
3,386,761
9,721.108
640,927
Rentals
326,780
946,394
783,260
Taxes
Sundry accounts
of the Missouri Pacific Railway system
Louis Iroa Mountain & Southern Riilway system, separately, are givea below lor three years:
Tbe statements
and of the
St,
MISSOURI PACIFIO RAILWAY AND BRANCHES.
—
[The General Manager's report contains the following:
During tbe year 1900 the capacity of bridges and trestles
on 311 miles of railway was increased from Class "B" to Class
"A" structures, and at the close of the year the lines were
$
13,362,765
earnings
t^et
1899.'
$
EARNINGS AND EXPENSES.
Miles operated
December
31..
Earnings—
1900.
3,164
$
1899.
3,164
$
1898.
3,164
$
Maintenance of way
Maintenance of cars
General
Total
Netearnings
Percentotop. exp.toearns....
1,988,769
7,378,966
1,791,991
2,546,490
9,691,742
1,873,045
11,159,726
14,111,277
2,932,852
2,312,986
1,523,434
1,117,144
269,240
Total
Expenses —
Transportation
Motive power
2,076,594
8,078,388
1,978,098
12,133,080
Passengers
Freight
Mail.expressandmisoellan's..
3,203,711
2,185,405
1,31 S, 152
1,091,188
262.243
4,372,274
2,970,413
2,205,410
995,376
298,518
8,155,658
3,977,424
70-998
8,080,699
3,099,027
76-053
10,841,990
3,269,287
76-832
1899.
1898.
INCOME ACCOUNT.
1900.
Receipts—
Net earnings, as abave
Dl vs. .interest, rentals, surplus
from
branch,ilines, etc
Total net Income
Disbursements—
Interest on bonds
Interest and exchange
Taxes
Rentals
Othercharges
$
f
$
3,977,424
3,099,027
3,269,287
2,953,086
1,236,375
790,580
6,930,510
4,335,402
4,059,867
3,301,729
3,058,438
3,058.438
Scott Central Railway extension from Webb City, Mo., to
90,964
97,920
23,878
649,259
645.874
Oronogo, Mo., commenced in October, 1899.
657.443
116,182
116,182
116.285
Proposed Improvements.— Baring the year 1900 plans have
137,377
17,116
53,281
been considered for general improvement of the properties,
for which purpose funds are afforded by the provisions of
4,052,220
3,935,530
4,152,616
Total disbursements
the Missouri Pacific 5 per cent gold debenture indenture, and Surplus for year
7.647
399,872
2,777.894
the St. Louis Iron Mountain & Southern unifying and re- —V. 72. p. 391,339.
funding mortgage; while the more important features of
Twin City Rapid Transit Co.
these plans have not been consummated during the current
year, many of them, especially those with regard to new
(Report for the year ended Dec. 31, 1900.J
equipment, were placed in shape for immediate realization.
President Tnomas Lowry says in substance:
For the improvement of grade lines new and efficient machin(?e»erai iJesuZfs.— The gross earnings increased 13-63 per
ery has been acquired which will prove of great value so
cent and the net earnings 23-4 per cent over 1899. After
soon as the weatner permits its use in 1901.
The following tables compiled from the paying dividends on preferred stoak, the surplus is $705,591,
Traffic Statistics.
amounting
company's reports show the changes in tonnage of principal and from it two dividends of 13^ per cent each,
to $450,300, have been paid on the common stock, leaving a
articles carried, and other statistics:
balance of $255,290 to be added to surplus account and in
MISSOURI PACIFIC RY.— TONS CARRIED (OOOS Omitted).
part to pay for the additions of the year.
Bulk grain.
Ooal,
Tear.
Total.
Lumber. Live SlocJc
Bonds, Etc.—Oa May 1, 1900. the company purchased the
1900
6,6y3 4e6 (7-0%) 524 (7-8%) 1,325 (19-8%) 1,415 (21-1';%)
1899
6,123 490 (8 0%) 474 (7-8%) 1,083 (17-7%) 1,395 (22-8%)
$709,000 6 per cent debenture bonds of the St. Paul City Ry.
1898
5.839 446(7'6%) 480 (8-2%) 1.156 (19-8%) i,37l (23-5%)
It also canceled $20,000 Minneapolis
Co., due that date.
1897
5,502 430 (7-8%) 481 (8-7%) 1,171 (21-0%) 1,245 (22-6%)
of the same
874 (18-7%) 1,192 (25-4%) Street Ry. 73 by the sale of $20,000 consol. 5s
1896
4,«87 388 (7-2%) 420 (8-9%)
(12-4%) 1,160 (26-5%) company.
1895
540
4,379 330 (7-5%) 364 (8-3%)
—
J
J
Maech
TRF CHRONICLE.
]6, 1901.
The company has expended during the year for better
The equipmenta and valuable improvements, $454 360.
ment haa been increas'^d during ISOO by the addition of 6i
double-truck cars, provided with electric motors
and modern improvements. To help pay for this out' ay and
for the purchase of the debenture bonds, the balance of the
preferred stock in the treasury on the first of the year has
been sold, netting the company |412, 500. The premium of
$112,500 has been credited to cost of roadway, equipment,
The proceeds of this sale, added to the $255 291 surplus
etc.
earninsrs, reduces the amount to be carried as floating debt to
$495,000, which will be provided for by an issue of bond?. The
physical condition of the property and equipment has been
kept up to the highest standard. The "White Bear & Stillwater Line mentioned in the last anrual report has fully met
expectations, and its earnings show a very satisfactory in-
new
44-ft.
531
The earnings, balance
sheet, etc.,
IflOO.
1899.
1898.
PasBCBgor earnings.. $2, 814,205 $2,476,880 $2,14fS,093
45,914
25.623
25,151
Other sources
1897.
$1,982,785
26,336
Total reeeipts.... $2,839,356 $2,522,794 $2,170,716 $2,009,121
$15fi,472
$105,858
$95 884
$67,102
In5,a64
131,368
110,49b
159,835
Maint. of equipment
61,086
3:^,820
76,837
Malnt.of way Astruo.
76,877
147.467
129,806
170,66^
133.829
Cost main, pow'r sta.
fi,863
6,148
9,490
Insurance
6,408
72,911
8^,949
58,493
7*2,000
Injuries i& damages..
22,00')
23.442
23,000
18,701
Legal expenses
641,196
602,692
497,413
516,667
Car services
General expenses...
Total operating. .$1,304,690 $1,156,972 $1,019,392 $1,002,080
,.$1,534,666 $1,365,822 $1,151,324 $1,007,041
Deihict—
$624,^26
Interest and taxes
*'77.668
$771,907
204,750
DlvideniiH on pref
Net earnings
^timi]
Dividends on com.
450,300
375,250
Total
$777,668
$1,279,376 $1,191,046
$771,907
$174,776
$373,656
Surplus
$255,290
$235,134
49'92
49-16
4871
P.o.exp.&taxtooarn.
5318
TWIN CITY RAPID TRANSIT COMPANY— GENERAL BALANCE SHEET,
Resources—
1900.
1899.
1898.
Roadwav, etc., Including securities in treasury
$30,960,164 $30,878,740 $29,903 171
64,176
103.' 81
Notes and accounts reoeiva'e.
96,720
208,817
304,835
Cash
225,897
Materials and supplies
89,742
87,169
72.215
526
5,35ft
Miscellaneous
2,910
ae follows:
1900.
1899.
1898.
$
$
$
$
Net earns, over oh'ge8.6,303,498
Deduct—
5,202,384
4,957,804
4,179,460
Dlv.on pref. st'k.tSp c.)l,120,0f
Div.on common stock. •3,270,000
180,834
Interest on scrip
1,120,000
2,872,500
192,143
1,007,0^0
969,360
1,612,300 1,432,000
214,800
214,800
.
Total
4,-570,834
4,184,643
1,732.664
1,017,741
Surplus for year
1
2,575,430 22,557,689
Surplus Jan.
Bale of plug buslnesB
Other sources
...4,308 094
Total
Scrip dlv. on com. st'k
Surplus Deo. 31... 4,303,094
p. c; in
1897-98, 8
2.«16,160
7,447.8.=
5,884,549
1, •'563,300
11,701,414
1,284,741
2.575,430
In 1896, 9
1897.
2,834,120
2,1/3,684
23..o7.'5,4SO
crease.
StatiHtics.—The earnings, expenses, charges and balance
sheet are shown in the following tables:
compare
EARNIHOB, CHAROBS, ETC.
22,557,689
7,447,819
22.557,689
7,447,849
21,000,000
p. c.; in '99, 6i« p.
BALANCE SHEET DEC.
c; in 1900, 6
p.
o
31.
1900.
1899.
Astets—
$
9
4,636,8S8
Real estate, mach'y, flxtores, etc. 4,880,2 15
Leaf tobacco, stock, supplies, etc. 9.887,723 10,286, 50
Stocks in other co's (low valu'n).. 22,630,136 17,929,987
4,4?'6.373
4,36?,7.')5
Stocks in foreign companies
1.292,441
4.445..^ 92
Cash
3,fi2o,453
6,8-14,867
Bills and accounts receivable
Pat'nts,trade-mark,good-wlll, etc 29,921,469 31,887,167
1898.
$
3.391,085
6,716,241
20 127,5S5
1.264,655
2,903.0.50
v:,991
353
24.903,781
79.933,253
77,075,543
62,297,755
54.500,f 0^
3.014,490
Total assets
Liabilities—
Stock. Cfimmon
Common stock, scrip
Stock, preferred
54,500,000
3,024.490
14,000,000
t 8,260
30,136
21,000,000
3.580.000
14,000 000
700,000
307,731
16,151
100,384
35,800
2.57.7,430
22,'i57.689
14.000 000
Dividends
1,0?»7.500
Accounts current, payable
2,895,746
14,319
Accrued cont-lgnees' commissions
72,967
Advertising furd
3n,l:-i8
Interest on scrip.
Surplus
4,308.093
Total liabilities.
1.0!»7,500
1,723, 4S2
5<i,246
77
.79,933,253
075,.= 43
62,297,755
-V. 72, p. 1»5.
GENERAL INVESTMENT NEWS.
RAlLBOADK. INCLUDING STREET ROADH.
Altoona & logan Valley Electric Ry.—Sold.—Sie Ameri-
can Railways Go. below.— V. 69, p. 590.
Purchase,
The company, it is
American 'RaUjsajs.
Total
$31,355,969 $31,337,830 $30,309,719 announced, has purchased control cf the Altoona & Logan's
—
Liabilities
$15,010,COO $15,010,000 $15,010,000 Valley Electric Ry. Co., which controls the City Passenger
Common stock
Preferred stock
3,000,000
2,700,000
2,4«2,200 Ry. of Altoona. and the Lakemont Park Co. and operates in
Funded debt
9,838,000
10,838,000
10,3-<8,O00 all 26 miles track, connectirg Altoona, Ball wood and HoUi87,828
Unpaid vouchers. &c
44,381
70,826 daysburg, S?e page 6 of Street Railway Supplement.
•21^,425
Trainmen's deposits
23,275
23,(25
Taxes accrued, not due
69,894
6i,0G3
49,015 The "Philadelphia News Bureau" says that the purchase is
Interest accrued, not due
206,471
216,246
208,521
a cash transaction and that it will b^ financed 'it is sta'ed,
Bills payahle
520,000
11,000
110,000 by making a lean secured by collateral in the company's
Dividend payable
2Z5.150
225,150
treasury. Conversion of this iuto an i'sue of bonds will
Income account— surplus
1,£88,7'32
2,418,798
2,163,507
probably not be made for the present." V. 71, p. 1310.
Miecellaneous
410
Atchison Topeka & Santa Pe Ry.— Li>/ed.— The New
Total
$31,855,969 $31,337,830 $^0,309,719
York Sfock Exchange has lifted §5,000,000 additional general
—V. '71, p. 1168.
mortgatJ-e 4 per cent bonds of 1995, making the total listed to
Sloss-Sheffleld Steel & Iron Company.
da^^e $!3S,092 .'iOO.
The additional bonds were issued for the
following purposes:
fSiatement for year ei.de I JSlov. 30, 1900
The report for the year ended Nov. 30, 1900, stows the fol- Improvfuients on the Santa Fe Pacific RR., March 1. 190f>,
to June 30,1900
$175,000
lowing
For improvements, extensions and equipment made and
—
—
—
—
:
Earnings from operations
Expenses other ihan ordinary
$1,271,513
48,557
Net enrDings
Less depreciation end renewals
$1,223.25';
92,847
acquired by Atch. Top. <fe 8. Fe Ry. Co. during the period
Irom April 1, 1899.to June 30, 1900, viz.: to reimburse the
899,207
company f'lr expenditure for acquisition of equipmen-...
M4,'^'26
In part paym't for the acqnisi'n ot branch lines andextens.
3,411,567
Improvements and betterments
-V.
Balance
$1,130,409
Lets taxes, eto
'29,984
Balance
Deduot interest on bonds, full year
Dividends,
per cent on $6,700,000 pref
m
Net surplus
$1,100,425
$202,575
35l,7f)0
$546,100
After deducting the fourth dividend of 1% p. c. on the pre
ferred, there remains a balance of $42b,850, fciual to over
5}4 per cent on the |7. 500, 000 common stock. This result, it
is stated, was obtained from operating the plants of the old
Sloss Iron & Steel Co. One new furnace has recently been
put in operation and another will be completed shortly, the
two having a total capacity of 400 tons of pig iron daily. V.
—
71, p. 1224.
American Tobacco Company.
{Rep'rtfor the year ending Dec. 31, 1900.)
The report says in substance: " There has been no change
in the capital stock during the year; of the dividend scrip issued May 1, 1896, $10,100 was redeemed in cash dnring the
year. The company has sold to the American Stuff Co. all assets, brands, real estate and good will pertaining to its snuff
business, receivicg therefor preferred and common stock in
that company amounting to $t,4 15.300 at par.
" Cash to the extent of $2,195,260 has been expended during
the year in the purchase of stocks of other companies.
" The ffoUowmg] statement does not include the net earnings for 1900 of some of tbe companies in which it is at present
interested, of which earnings this company's share is about
$800,000, and which it nas teen deemed advisable not to d-^clare as dividends, but to let remain for the present as surplus on the books of those companies."
72, p. 282, 86.
Baltimore
& Ohio RB..— Reports of Full
Conirol by Pcnn-
sylvania.—'Ri-Tpoits have been current this week that the
Pennsylvania's ictereet in the capital stcck had be* n increased to an absolute majority, but on Thursday Vice Preeident Green of the Penrsjlvania was quoted as saying :
Our present arrangements vrith the Baltimore & Ohio are very satisfactory. We are not seeking control and do tot want it. There will
be no increase in our representation in the board, which is now confined to Mr. Prevost and myseif. Some of our suggestions made to
the managers have not been carried out. but on the whole our relations are very amicable. As to Mr. Solomon's retiring from the ohalrmanfhip of the Executive Comn.ittee. we have heard nothing:, hut it
would I ot be surprising if he should resign at ilie end of the present
year. He assumed the position with the understanding that it would
be temporary.— V. 72, p. 480, 437.
Boston & Maine RR.—Neic Stock Offered.— In accordance
with terms already announced, the company is about to issue
$l,'<35.200 common stock for the acquisition of tbe Central
Ma?sachusetts RR. To this new stock shareholders are entitled to subscribe at f;90 on or before April 1,5,19)1. in the
proportion of one new share for^ every 14 44-100 shares held,
to be made by May 15.
Purchase and P ogress. — Tre company is now purchasing,
through the Old Colony Trust Co. <f Boiton. the preferred
and common stocks of the Central Massachusetts RR at §65
and $-21, respjctively.— V. 72, p. 437, 337.
payment
Brnnswlck & Birmingham mi.—Mortgag,'—NtwRoad—
This companv has made a u)ortg4ge to the Knickerbocker
Tiust Co. of "New York, as trustee, to secure |6.750 OiX) of 5
bonds to provide for const rcction,
per cent 50 year
equipment, etc,
r^
The road is under construction from Brunswick, Cra., to
Birmingham, Ala., about 400 milcs, ground having been
The capital
broken on Dec. 31 last at the Brunswick end.
,
—
—
—
:
THE CHRONICLE.
532
stock of $15,000 per mile, it is claimed, has been lar{?ely subscribed for by persons along the line and New York and
New England capitalists. The officers are: President, E, C,
Machen; Vice-President, C. I. Bushnell; Secretary and Treas-
McMaster, 277 Broadway, New York.
BufTalo & Susquehanna RR.— iVew 3Io7'tgage.— The company has arranged to create $3,500,000 first mortgage refunding 4 per cent gold bonds, due 1951, of which S1,00),000 to be
reserved to retire the remaining bonds of the original $3,000,000 loan. Fisk & Robinson of this city are receiving advance
Bubacriptions for the new bonds at par and interest, with onehalf per cent discount for advance subscriptions.— V. 71, p.
tirer, J. S.
388.
Rupids & Northern Ry.— Ire Possession of Belt Line. Formil possession of the SDuth St.
Paul Belt Railway, which is to be used for access to the St.
Paul Union Dapot, was taken on March 5. Trains are now
running to Owatonna and work is in progress upon the exBurlington Cedar
tension to Faribault.
trains into St. Paul
Belt Line are:
—
The company expect to be oparating
by July 1. The new directors of the
C. J. Ives, President of the Barllngton Cedar Rapids & Northern;
Robert Williams, H. F. White 8. K. Tracy and 8. 8. Dorwart of Cedar
Rapids, and John R. Hastings and M. V. Seymour of St. Paul.— V. 72,
p. 86.
Cape May Delaware Bay & Sewell's Point UR.—Soli.—
A press dispatch reports the sale of this
property for a sum
said to be $90,000 to the syndicate headed by ex-Senator
Lemuel E. Miller of Cape May, which last year built the
Cape May ocean pier and operated a ferry line between Cape
[Vol. LXXII.
cent gold bonds of 1929, making tbe total amount listed to
date $18,050,000. Of these additional bonds, $350,000 were
i33ued under requisition of the reorganization committee
and the remaining $300,000 were in respect of amounts expended in 1900 for additions, betterments, equioment, etc.
Earnings. For the 6 months ending Dae. 31 earnings were:
—
6 mos.
1!»00
Net.
$2,466,322
2,217,378
1899
-V.
Gross.
0th. inc.
$661,472
707,462
$20,940
Int., taxes, etc. Sal., sur.
$232,269
$450,143
72, p. 86.
Columbus & Xenia RR.— Extra Dividends Stopped
Present.
—This company,
Miami, the lease
far the
whose road is leased by the Little
being guaranteed by the Pennsylvania RR.
Co., has issued the following statement to stockholders:
The surplus fund, the inoanie from which has provided for the twoflffhs of I per cent per annum heretofore paid In dividends, over and
al)ove the 8 per cent reoalved from the lessees for rentals, is intact,
but owing to the lowered rate of Interest on Unltod States bonds and
other flrstclass InveatmentB, the income therefrom is now Insafflclent to pay saia two-fifths of 1 per cent ou the capital stock of the
company. The board of directors has therefore resolved that dividends be made at the rate of 8 per cent per annum, payable quarterly,
until otherwise ordered.
Cumberland Valley RR.
ending Dec. 31 were:
Tear—
Gross.
Net.
1900
1899
— Kepori,—Earnings
Int.
<&
faxes.
for the year
Dividends. Bal.,sur,
$t2,537
$250,360
(8%) $142,228 $65,595
231,168
44,368
44,572
(8%) 142,228
From the balance as above in 1900, deductions were made
as follows: For 8 per cent bonds purchased and canceled,
$39,788; real estate purchased, $81,821.- V. 72, p. 391.
$898,407
824,075
Denver & Rio Grande RR.— Negotiations.— See Rio Grande
with the Queen Anne's RR.— Western Ry. below.— V. 72, p. 338, 136.
Detroit & Lima Northern Ry.— Meeting Adjourned. The
Central Massachusetts RR. Purchase.— See Boston &
meeting of bondholders was adjourned to March 18. V. 72,
Maine RR. above.—V. 71, p. 751.
Central of Georgia lij.— Purchase.— See Chattanooga p. 437,
Erie RR.—Bonds Offered.— J. P. Morgan & Co. by adverBorne & Southern RR. below.—V. 72, p. 44.
tisement on another page are offering at 94 and interest $32,Chattanooga Rome & Southern RR. Proposed Sale.
The shareholders will vote May 15 on a proposition to sell the 000,000 of this company's Pennsylvania collateral 4 per cent
fifty-year gold bonds, bearing interest from April 1, 1901,
property to the Central of Georgia Ry. V. 72, p. 391.
principal payable Feb. 1. 1951. These bonds are a direct
Chicago Burlington & Quincy RR.— Listed.— The New obligation of the Erie RR. Co. and are issued to provide
York Stock Exchange has authorized the listing of $9 922,700 tor part of the cost of acqairiogthe capital stock of thn Pennadditional capital stock, as and when officially notified that it sylvania Coal Co., of the Erie ^ Wyoming Valley RR. Co.
has been issued as fully-paid stock, making the total listed and of the Delaware Valley & Kingston RR. Co. President
May and Lewes
in conjunction
—
—
—
—
The new stock was
$109,206,400.
offered to the stoskholders
E. B.
Thomas in a
letter says:
under circular of Jan. 17, 1901, "and the proceeds are to be
These bonds are to be secured by a collateral trust indenture to the
used in the construction of a railroad about 120 mile in length, Mercantile Trust Co., aa trustee, pledging; $1,910,600 of the $5,000,from Toluca, Montana, to Cody City in the Big Horn Basin; 000 capital stock of the Pennsylvania Coal Co. (also the remaining $89,reducing grades and building second track in Iowa; equip- 100 as acquired, of which all but $4,500 is already arranged for); the
entire $1,500,000 capital stock of the Erie & Wyoming Valley RR. Co
ment, land in Chicago and St. Louis, and for miscellaneous the entire $250,000 capital stock of the Delaware Valley & Kingston
;
construction."
Purchase. This company, jointly with the Chic. Mil.
St.
Paul, has purchased the Davenport Rock Island
Northwestern Ry., extending from Moline, III., via Rock Island
[with bridge across the Mississippi], to Davenport and Clinton, la., 40 miles in all. The road was built and controlled
by John W. Gates, who was preparing to extend it from Moline to Peoria, a distance of 160 miles. The company owns,
it is understood, besides its bridge across the Mississippi,
valuable terminals, which will be useful to the purchasers,
—
&
&
V. 72, p. 437, 391.
Chicago Milwaukee & St. Paul 'Ry.— Dividend Increased.
The directors on Thursday declared a semi-annual dividend
of 3 per cent on the common stock, thus raising the annual
rate to 6 per cent, as against 5 per cent paid yearly from 1897
to 1900, both inclusive.
| |
New Line. The Davenport Rock Island
Northwestern
Ry., Moline to Davenport, 40 miles, has been acquired jointly
•with the Chicago Burlington
Qaincy (see Chi. Bur.
Quin. above).
Chairman Miller says the only new construction the company will undertake this year will be a line
from Davenport to Ottumwa, a distance of 119 miles, of
which distance possibly 46 miles of the Rock laland road,
from Davenport to Columbus Junction, will be used. The
new line will make a cut-off to Kansas City.
—
&
&
Joint Purchase.— See Chicago Burlington
—V.
72,
p.
&
&
Qaincy RR.
Pennsylvania Coal Co
& Wyoming Valley
RR
Total
The
interest charge
upon the present
$1,816,693
164,683
$1,604,907
277,778
$1,981,377
Erie
$1,882,685
issue of $32,000,000
of bonds
437, 241.
Chicago & Western Indiana RR.— Called Bonds.— Fivat
mortgage bonds of 1879 to the amount of $108,000 have been
drawn and will be naid on May 1 next, at the office of Messrs.
J. P. Morgan & Co", New York, at 105.— V. 71, p. 840.
Cincinnati Connecting Belt BR.— Bonds to Be Called.—
The stockholders have voted to call and pay off the $300,000
bonds.
3Ierger.—A joint meeting with the stockholders of the Cincinnati Portsmouth
Virginia Road will be held April 9 to
perfect plans for the purchase of the belt company by the
Cincinnati Portsmouth
Virginia preparatory to merging
both properties in the Norfolk
Western. See Cin. Ports.
&
&
& Va.— V.
RR. Co.; $6,630,000 of the preferred capital stock and $6,630,000 of
the common capital stock of the New York Susquehanna & Western
kR., which together constitute 51 per cent of ttie total outstanding
capital stock of said last-named company. The capital stocks to be
deposited represent therefore the owuership of a va uable coal property having its own railroads to tidewater. The Indenture is to be
dated Feb. 1, 1901, and will provide for an aggregate issue of bonds
from time to time, not exceeding in all $36,000,000 par value, of
which $32,000,000 are now issued. The remainder can be issued only
for the purpose of additions, betterments, and improvements to the
properties represented by the stocks pledged under the collateral trust
indenture.
As additional security, the trust Indenture provides that the Erie
RR Co. annually will pay to a sinking fund the sum of 10 ceuts for
every ton of coal sold and delivered throagh the previous year from
the mines of the Pennsylvania Goal Co., such sinking fund to be applied to the purchase of bonds of this issue provided the same can be
purchased at not exceeding 105 and accrued interest; otherwise to the
drawing of bonds for the sitiking fund by lot. The bonds so retired
will be kept alive and the subsequently accruing interest thereon will
be added to the amounts otherwise available for sinking fund purchases. In this way it is estimated the sinking fund will retire the
whole Issue of bonds at or prior to their maturity.
The net income account of the Pennsylvania Coal Co. and of the
Erie & Wyoming Valley RR. Co. for the calendar years 1899 and 1900,
including only the properties represented by the stocks pledged under
the collateral trust indenture, and notwithstanding the two months'
strike in 1900, was as follows
1900.
1899.
&
V. 71, p. 340.
Cleveland City Rj.—Tliree-Cent Car Fare Ordinance Invalid,— Jadge Ricks, of the United States District Court at
Cleveland on March 11 handed down a decision declaring unconstitutional the three-cent car fare ordinance passed by the
City Council two years ago. The ordinance, he holds, would
interfere with existing contracts, It is said the case will be
appealed.— V, 71, p. 1310.
Cleveland Electric Ry.— Favorable Decision.— See Cleveland City Ry. above.—V. 72, p. 134.
Colorado & Southern Ry.—Listed,— The New York Stock
Exchange has listed $550,000 additional first mortgage 4 per
72, p. 437, 438;
is
$1,280,000
thus appears that the earnings of the Pennsylvania Coal Co. and
Erie & Wyoming Valley RR. Co. were far more than sufficient to provide the interest charge and sinking fund upon the present Issue of
Donds.
It is anticipated that substantial economies can be effected
through a unification of the management of the various companies which should result in a considerable increase in the
net results of operation. V. li, p. 438, 391.
It
—
Fort Worth & Denver City Ry.—i?eporf.— The report for
the year ending Dec. 31 shows:
Tear—
Gross.
Net,
0th. inc.
Int. lax.,
<6c.
Bat., sur.
$387,019
$17,083
$400,376
$3,726
388,181
15,750
399,963
3,968
The arrangement made in 1895 for the reduction of interest
on the first mortgage bonds from 6 to 4 per cent per annum
expired Dec. 1, 1900; interest on the 6 per cent basis requires
$490,550 yearly. The policy of improving the physical condition of the property, the report says, was continued. V. 71,
1900
1899
$1,807,089
1,610,853
—
p. 1311.
Fort Worth & Rio Grande Ry.— Sale of Control.— R. B.
Hollins& Co., having sold a large majority of the stock at
private sale at $30 a share, have arranged that the minority
holders shall have the option of disposing of their stock at the
same price provided it is delivered at the office of the firm
properly endorsed and stamped on or before Marcb 27. There
have been rumors that the St. Louis «& San Francisco was
—
—
March
—
:
THE CHRONICLE.
16, 1901. J
seeking control, but this sale, it is 'asserted. " does not involve any corporate transaction."—V. 71, p. 390.
633
New Orleans & Western RR.—Sold.— At
the foreclosure
on March 9 the property was purchased for SI' 0, COO by
T. S. Beecher, representing a syndicate of fcocdholders
UB,.— Steamship Connections.— The com' headed by F. J. Lisman. The purchasers
Illinois Central
assume the
pany replying to our letter of icquiry respecting its steam' er's liabilities, etc.. which, it is estimated, will raise receivthe pur(see editorial article) makes the following
ship connections
chase price to between $700,0C0 and |850,COO. The entire
interesting statement:
property was included in the sale except two cotton presses
No contract has been made with any Btearashlp comxiany for the which were offered separately, but found no purchaser. On
operation of a line of vesFele from New Orleans to any port whatever,
European or otherwise. Without entering into any alliances of this Thursday it was announced that the purchase was made for
sort, we have, by treating all lines alike, under Bubstantially similar account of the Southern Railway Co.— V. 72, p. 283, 184.
ciroumetMnces. found no dllflculty in getting ships io lun to and from
Newport News & Old Point Ry. & Electric Co.— ConscUour wharves at New Orleans. For February and March, 1901, there
were advertised, on Feb. 1, the following departures from New Or- dation. As stated last week, the company has authorized
sale
—
leans for the 60 days then ensuinji:
SAILINGS FROM NEW ORLEANS DURING FEBRDABY AND MAHCH, 1901.
22
Liverpool: Harrison Line (10), Leyland- West India Line (12)
London: Leyland-West India Line (3), Cuban Line (5), Elder14
Dempster Line (6)
Hull: WilHon Line (4), Hammond's Agency (4)
8
5
Belfast: Head Line
2
Dublin: Head Line
2
Manchester: Manchester Line
4
Aarbus: Scandinavian-American Line
Antwerp: Hammond's Agency (4), Belgian-American Line (3),
Elder-Dempster Line (2), Miller's Agency (I)
10
Barcelona: Ptnillos Line (3). Aznar Line (3)
6
Bremen: Vogemann Line (2), Hammond's Agency (3), Elder12
Dempster Line (6), Miller's Agency (1)
Copenhagen: (-candinavlan-American Line
6
Dunkirk: Gulf Ports Line
1
Mendialdua Line (2), Navigazione Oen.
Qeuoa: Creole Line (4),
Italo (I)
7
Hamburg: Hamburg-American Packet Line (3), Elder-Dempster
Line (4), Vogemann Line (2), Vogemann-Hammond Line (1),
Hammond's Agency
11
(1)
Elder-Dempster Line (7). MlUer'a Agency (1)
Marseilles: Meletta & Stoddart Line
Rotterdam: Elder-Dempster Line (6), Rotterdam-American (5),
Hammond's Agency (1), Kadcliffe Line (8)
Trieste, Venice and Flume: Auatrc-Amerloano Line
Japan: Perry-Hammond's Agency
San Juan, Mayaguez, Ponce, Porto Rico: N.Y.& Porto Rico SS. Co.
Tampioo, Vera Cruz, Progreeeo and Mexico: Mexican-American
Line
Belize: United Fruit Co. Line
Blueflelde: Blueflelds Steamship Co. (8), United Fruit Co. (4)
Bocas Del Toro: United Fruit Co. Line
Cieba: Blueflelds Steamship Co. (8), Vacarro & Bro. Ind. (8),
United Fruit Co. (4)
PortLimon: United Fruit Co. Line (9), Camors- Weinberger Banana Co. Line (9)
Puerto Barriop; United Fruit Co. Line
Puerto Cortez: United Fruit Co. (8), Central American SS. Co. (8).
Livingston: United Fruit Co. (8), Vacarro & Bro., Ind. (9)
Ruatan and UtlUa: Vacarro & Bro. lud
New York: Morgan and Cromwell Lines
Havana: Morgan Line
Havre:
Total
72, p. 438, 282.
8
1
20
3
2
4
8
8
12
4
20
18
8
16
17
8
16
9
.276
—V.
Kansas City Fort Scott
—
& Memphis RR. New Name-
Deposits, Etc,
In the consolidation of the Kansas City Fort
Scott
Memphis and Kansas City Memphis
Birmingham
roads the namB of the former company it is announced will be
retained, with the word rai/road changed to railway. All
contracts for the sale of the roads to the syndicate have been
signed and a large majority cf all classes of stock in both
companies have already been deposited with the Old Colony
&
Trust Co.-See V.
&
a general mortgage to secure §i,000,COO of 40-year 5 per cent
learn from a trustworthy source that of the
gold bonds.
tew bonds $1,500,000 are about to be sold to cover the company's purchase of the following properties, viz.:
Norfolk & Atlantic Tehminal Co., operating 17 miles of new
roadwav (opened for business Sept. 8, 1900), all double-tracked, runniuK from Norfolk to Sewell's Point, on Hampton Roadp, dirpctly opposite Newport News and Old Point; also a ferry line, Sewell's Point
to Old Point. It 18 proposed to establish another ferry line between
i^ewell's Point and Newport News, forming the quickest route hetwfen
Newport News and Norfolk. [All the .¥500, OOW bonds and the •$ 00,000 ptock purchased.]
We
Newport News Gas
Co., the only gas plant in Newport Nf^wB.
Danville Ry. & Electric Co.. operating 6 mile.« of electric railway
and around the city of Danville. [All the $235,000 bonds and $92,COO of the $100,000 stock purchased.]
The remainder (|2,50(',00(i) of the $4,000,000 issue, will be
held by the trustee, viz.: .$1 575,000 to take up at maturity the
outstanding bonds of the company itself and the Citizens' Ry.
Light & Power Co., and .$925,000 for additional property, improvements and betterments
V. 72, p. 480.
New York Ontario & Western Ry.— Equipment Trusts.—
The company has made an equipment trust for •>570,000, securing 414 P*r cent $1,0C0 notes. The notes bear date March 1,
1901, one-tenth of total to be payable at the end of each six
months after March 1, 1901; principal and semi-annual
coupons payable in gold at office cf Manhattan Tiufct Co.,
Trustee. The trust covers the following equipment
In
—
lbs. capacity, from American Car & Foundry Co.
pressed steel coal cars, 85, '.'00 lbs capacity, from Pressed Steel Car Co.
beam steel coal cars, 85,000 lbs. cap., from Sterlingworth Ry. Sup. Co.
vestibule coaches and 2 drawing-room cars.
6 100-ton consolidation and 1 mogul locomotive.
575
26
25
6
standard coal cars, 85,000
rolled
-V.
7i, p. 339, 137.
Northern Central Ry.— Adverse Decision in Annuity Case.
At Baltimore on March 8 the Court of Appeals, in a decision rendered by Judge Page, denied the right of the company to pay the $1,500,000 six p. c. lean made to it by the State
The decision, which affirms the decision of the
in 1655.
—
Circuit Court, says:
We do not Und anything in the provisions of the Act or of the mort'
gage that wonld justify us in holding that the iiarties intended to
create something other than a mere annuity. It is clear, we thinlc,
there Is not now and ne^ er has been any sum due from the appellant
to the State other than those accruing from the non-payment of the
amounts payable on account of the annuity.
Attorney- General Rayner is quoted as saying that the
Supreme Court has no jurisdiction whatever to review the
decision of the Court of Appeals.
(See V. 66, p. 1141: V. 67,
p. 126; V. 70. p. 895; V. 72, p. 443).— V. 72, p. 434, 438, 442.
Ohio Southern RR. Sale Approved. The depositing first
mortgage bondholders on March 11 adopted the resolution to
sell the road to the syndicate headed by F, J. Lisman & Co,
See plan in V. 72, p. 438.—V. 72, p. 439, 392.
—
72, p. 438, 283.
Lehigh Valley RU.— Listed.- The New York Stock Exchange has listedj$3, 000,000 additional mortgage and collateral
trust 5 per cent gold bonds of 1997, making the total amount
listed to date $8,000,000.
Of the additional bonds |1, 000,000
Panama RR. Company.— -Spectai Dividend.— The directors
have been eold for the general purposes of the company and have declared a special aividend of 2 per cent on the capital
the proceeds of $3,C00. 000 have "been appropriated to reimburse the company for expenditures for account of construction of auxiliary terminal railroads, marine equipment, for
betterments consisting of new tracks and sidings, automatic
signals, additions and extensions to buildings, and widening
bridges."
Earnings
3 mos.—
1900-1
—v.
—For 3 months ending Jan. 31 earnings were
Gross.
'B6,5.'50,488
Net.
$1,376,092
0th. income. Int.
$136,891
<£
:
rent. Bal., stir.
$1,417,886
$95,097
72, p. 480, 391.
stock,
payable March
March 22.— V.
25,
71, p. 1270.
1901, to stockholders of record
Fennsylyannia :RR.—Authorized.— At the annual meeting of the stockholders on Tuesday resolutions were adopted,
authorizing (1) an increase of $100,OCO,000 in the capital
stock, to be issued at not less than par, (2) the classification
of directors as proposed, (3) the acceptance of the State constitution of 1874, and particularly Articles XVI.tand XVil.
The acce; tance of the constitution and the increase of the
capital stock require a stock vote to be taken thereon, in
addition, in order that the proper returns may be made to the
Secretary of the Commonwealth at Harrisburg. This stcck
vote will be taken March 25. Vice-President Green at the
Maryland & Pennsjlranla 'RR.— Bonds Offered.— AlexanBrown & Sors, of Baltimore, have offered §.5j0,0ro of the
first morteage 50-year gold 43 at 95 and interest.
The company, it will be remembered, was formed recently by consolidation rf the Baltimore & Lehigh and York Southern per meeting said
When we came
plan
der
:
in V. 72. p. 339.
Mlssonri Kansas & Texas Ry.— Bonds Listed,— The New
York Stock Exchange bas listed |300,000 additioual first
mortgage 5 per cent guaranteed gold bonds of I94'i of the
M. K. & T. Ry. Co. of Texas, making the total amount listed
to date $3,085,000, and has authorized the listing from time
to time, but prior to Oct. 1, 1901, of $580,000 additional bonds
as notified on completion of mileage that they have been issued in conformity with the mortgage trust deed. The $780,OCO additional bonds are, or will be. issued on the division
now under construction from San Marcos to San Antonio,
Texas, about 49 miles in length, which, ir is anticipated, will
be completed on or before Oct. 1, 1901.— V. 72, p. 480, 339.
Missouri Pacific Ry. Directors.— At the annual meeting
on Tuesday W. K. Bixby and Fred. T. Gatts were elected
directors in place of Thos. T. Eckert retired, and F. H. H.
Clarke deceased. The annual report is on page 529— V. 72,
p. 391, 339.
New Orif ans & Carrollton RR.— Increase of Stock— The
shareholders will vote April 8 on increasing the capital stock
from $1,200,000 to $1,400,000 by " an additional subscription
of $200,000. "-V. 68, p. 4^9.
to the ohareholders before, the authorized capital,
to
at
exhaust the
view of the
this time is about $1.=;0.000. 000. * * * It seems that
large questions that come up from time to time, and in view of the gigantic scale on which business is conducted in this country at the
present time. It would be unwise to aek for an lucreaee of less than
$100.000,1,00, which, of coarse, will be Issued only aa it Is absolutely
was $7 5,000,0(0. It has taken about thirty years
two amounts of $75,000,000, so that our issued capital
thirty years ago,
m
needed.
The Constitution of Penrsylvania. adopted in 1874. provides that
before any company can have the benefit of new lesisl^tiou [su h as
that recently obtained authorizing an increase of capital] it must ilrst
accept that Constitution.
v
The olassittoation of the directors of the board is not a new featnra
of corporate management in the larger railroads, ft has been adopted
by the Chicago <fe North Western and a number of other large railro.ids.
The Pennsylvania RR. bas been free from violent chanties of management ever since its inoorpomtion, and the manai-'erai^nt thluk that
to ensure a continu.ince of a strong an i ooi servatlve policy, It wouJa
be to the interest of the shareholders that the m;iiiat'-ment shoiud be
that
In the hands of the directors to whom they conilde it, and not
of large stockholders who may go into the market to secure a temporary control of the property.
The total authorized capital stock, including the issue now
approved, will be $251.700,000.— V. 72, p. 473, 4S1, 4b9.
m
Rio «rande Western Ry.— New £ond8 Listed.— The bonds
as the mortgage and collateral trust fifty-vear fours
Series A weie listed this week on the New York Stock Ex-
known
—
,
—
—
—
THE CHRONICLE
6H4
[Vol. lxxii.
American Graphophone Co.— JBe^orf.— The report for 1900
cbaDg:e to the amount of |4, 000, 000.
These bonds are secured by a firpt mortgsge on 168 miles of road now in opera shows: Sales, $1,750,765, against $1,642,888 in 1899; gross
tion and on $677,200 of new equipment.
They are a second profits over cost of manufacture, $1,130,075, against $1,017,lien on 438 miles and all other property of the Rio Grande 102; net profits. $168,554, against $166,068; dividends paid (8
Western fubject to tbe prior lien of il5,2CO,000 first mort per cent), $159,967, against $149,969. The capital stock repage fours which are to be retired by meacs of the consoli- mainp $2,000,000, of which $800,000 is preferred; tbe bonds
have been increased from $200,000 to $400,000.— See V.70, p. 790.
dated bonds.
An official statement made to the Exchange in connection
American Ice Co.— Reduction of Capital Stock.—The
with tbe application to list the new bonds gives the facts in shareholders
on Tuesday authorized the reduction of the
detail regarding the issue and will be foand on a eubseqnent authorized
preferred stock from $80,000,000 to $15,000page of The Chronicle,
000 ard the common stock from $30,0(0,000 to $25,000,000.
Negotiations Lookivg to ConsoUdaticn. President Gen. W.
Lireetors.—The following directors were elected, the last
J. Palmer has issued a statement saying in substance
seven being new:
The Denver & Rio Grande and Rio Grande Western, originally (in
C. T. Barney, Charles W. Morse, J. D. Scboonmaker, W. M, Oler,
1881) In one interest, have recently been enf.'aj;ed in nefjotlatlons having for their sole ohjeot the bringing of these two lines tOKether again. F. K. Sturei«, Thomas Sturgls, Oren Dennett, W. H Gelshenen, H. F.
These nei'otiatlcns luive been r.olely between the companies named. Morfe, J. Manchester Hayces. John B. Bennett, I). W. Hunt, R. W.
The Union Pacific or the Southern Pacitio (Uarrlman sjaidicate) has Hopkins, James McCutcheon, R. W. Poor, E. H. Rodd and J. W. Soott.
nothing to do with them. Following the negotiations Georte Gould
No financial statement was made public, but according to
or the MiBsouii Psclfio is understood to have acquired a large Interest the newf paper accounts the
company on Jan. 1, 1901, had a
In the t-hares of the Denver & Rio Grande. The result of the negotiaRio Grande surplus of $965,895 ard total assets of $37,472,777, the latter
tions between the Rio Grande Western and the Denver
is not likely to be determined for two or three months.— V. 7 1 p. 1064
contrasting with $35,562,690 Aug. 31, 1899 (see V. 69, p. 73.)
—
:
<fe
,
1071.
St.
Lonis SonthMestern Rj.— Listing—The
New York
Stock Exchange has listed the final $l,( 00,000 of the $10,000000 issue of stcond mortgage income 4?. The proceeds will
be expended for improvements and betterments. V. 72,
—
p. 340, 8?.
Salem (Or.) Light & Traction Co.— Foreclosure.—Jndige
Boise at Salem, Or,, on March 4 ordered the foreclosure sale
of this property under the first mortgage as requested by the
London & San Francisco Bank, which represents, it is said,
claims aggregaing $125,000. There are also claims secured
by second mortgage.
Salem RR.— Foreclosure At the foreclosure sale on March
1 this road, expending Irom Salem, O., to Washington, seven
miles. w»8 bid in for |125,000 lor the Morton Trust Co. of
New York, the mortgage trustee.— V. 72, p. 392, 401.
—
V. 72,
p. 392, 185.
American Pneumatic Transit Co.— Ca/Zeci Ponds.— Lamson
Consolidated Store Service Co. bonds of 1897 for $43,000 have
been drawn by lot and will be paid at 102 per cent on and
after April 1st, 1901, at the Boston Safe Deposit
Trust
Co., interest ceasing March 31.— V. 72, p. 89.
&
—
American Smeltirg & Refining Co.— Stay Granted.
Vice Chancellor Stevens in Chancery Chambers, Jersey City,
on Monday denied the application for a permanent injanc-
tion to restrain the company from increasing its capital
stock from $65,000,000 to $100,000,000, and to restrain the
directors from purchasing the plants of M. Guggenheim
Sons for $45,20O,CO0. The charge that the deal involved an
arrangement by which a block of the stock was to be
returned at 80 for the preferred and 50 for the common, the
ccurt finds was not sufficiently supported, and it was,
&
Seaboard Air Line Rj.— Funding Operation.— Tbe com moreover, denied by the defendant?. Touching the question
pany has this week teen regotiating an iseue of $10,0C0,000 whether the Gnggenheim plants, etc., were over-valued, the
5 per cent ten-year collateral tiust refundirg gold bonds, to Court also decided in favor of the defendants.
The decision
be secured by a deposit vsith a New York trust company of says in part:
$20,0(0,(CO Seabcaid Air Lire Railway first mortgage 43.
But the complainants say it is .shown that the various plants conThe collateral tiu-t bonds will be redeemable at any time, at trolled by the Guggenheims are not worth more thau from $8,000,000
the pleasure or the ccmpany, at 105 ard accrued interest, and to $10,000,0('0,and that the caeh which they are to contribute does not
exceed $12,000,000. For this $20.000,( 00 or $22 OoO 000 they are to
the $10,(00,000 which the company \s ill receive will be ap
receive, it Is said,
But this leaves out of view the good
plied as follows
1. To f and $3,400,000 six per cent certificates due March, 1902.
hut redeemable at the pleasure of the company at par, and which will
be called Id immediately.
2. To provide for the payment of $2,COO,CO0 collateral trust Ss, due
October, If 02.
3. To pay for one-sixth interest in ih'e proprietary company controlling th>^ ToaA tTOvo Richmond, Va., to Washington, D. O.
4. To reimburse the railway for the amount naid to T. F. Ryan for
his minority stocks.
5. The retirement of maturing car trusts.
6. 'Ihe extinguishment of floating indebtedness Incurred for improvements.
7. To provide for future betterments, iraprovements, etc.
Getier I Offices to be in Richmord, Fa.— The general of
fices, it is stated, will be moved to Richmond, Va., on July 1.
:
—V.
72, p. 392, 340.
Soutliern Ry.
below.— V.
Furchase.—^ee
New
Orleans Western RR.
72, p. 481, 439.
$54,000,000.
Guggenheim business, the contracts and
leases connected
with it. the saving in freights, tlieir business connections in both
hemispheres, the getting rid of a competitor, a legitimate item of
value according to the cases, and several other considerations mentioned in the affidavit of Mr. Nash. It may be that all of these
together, and in addition the earning capacity of the property, do not
make up a value of $^4,000,000; but inasmuch as the directors think
that they do, it is for the complainant to show not only that they do
not but that these directors cannot honestly and in good faith be of
will of the
that opinion.
The court finds that there is no verification other than
belief that the company's capital is impaired, whereas there
is much evidence to the contrary.
On Wednesday the Court of Errors and Appeals, however,
granted a stay to prevent the carrying out of tbe purchase
pending the argument on the matter before that Court on or
about Tuesday next and its decision thereon. This, it is
thought will result in at least two or three weeks' further
delay.-V. 72, p. 439, 392.
American Snuif Co.— On Unlisted.—The company's shares
have been admitted to dealings in the ualisted department of
the New York Stock Exchange. See last report, V. 72, p. 479.
South St. Paul Belt Line Ry.— See Burlington Cedar
Rapids & Northern Ry. above.— V. 72, p. 392.
Wheeling & Lake Erie RR.~Stock Listed.—The New
York Stock Exchange has listed $1, 010,000 additional second
American Steel & Wire Co.— Dividends. The directors
preferred 4 per cent stock and $1,000,000 additional common
stock, making the total amount of second preferred stock on Monday declared a quarterly dividend of 1^ per cent on
the preferred stock and a divider d of ^1?^ per cent on the
listed to date $11,547,800, and of common stock $20,000,000.
common stock, both payable April 2 to stockholders of recThe additional stock is listed for the following purpose.':
ord March 22. The annual statement for 1900 was in Y. 72,
hpcond preferred in discharge of debt of Coshocton &
1. $400 001
Southern RR. to receiver of C. C. C. & So., assumed by W. & L, E. at p. 240. The \}4 per cent on the common stock calls for $625,loreolosure pale.
000 and contrasts with $3,500, LOO (7 per cent) paid from earn2. $600,000 second preferred and $1,000 000 common, to be used
ings of 1899.
"in acquiring and assisting in the construction ot a proposed extenBy the terms of the circular issued by J. P. Morgan & Co.
sion,fromAdena,JeffergouCounty, Ohio.toBellaireand Martin's Ferry,
Belmont County. Ohio, a distance of 25*6 miles. The woik is now the preferred shareholders depositing their stock under the
under active construction.
plan for the organization of the United States Steel CorporaEarnings. For six months ending Dec. 31 earnings were:
tion will receive the equivalent of dividends thereon to April
Gmos,
fiross.
Net.
Int taxes, etc.
BaL.snr. 1, 1901, but "deposited common stocks must carry all divi1800
$1,547,246
$515,885
$367,731
$148,154 dends or rights to dividends declared or payable on or after
1899
1,326,195
440,179
March 1, 1901. and no adjustment or allowance will be made
—V.
542.
—
—
,
71, p.
INDUSTRIAL.
in respect thereof."— 72, p. 440, 393.
ttAS
AND MISCELLANEOUS.
American Bicycle Co.— Listed.— The New York Stock Exchange has
listed the $9,243,000 5 per cent sinking fund gold
debenture bonds of 1919; $9,294,900 seven per cent cnmula-
and $17,701,500 common stosk. In connection with the listing the company has made a very full
statement respecting its property, financial condition, the
rights of its common and preferred shares, ard the provisions
respecting its debenture bonds. The substance of this state
ment will be found on pages 536 and 537 of o-day's Chroniole»
The company, while not required to make purchases for the
sinking fund until July, ItOl, has already anticipated the
purchase of two sinking fund requirements, and the $500,COO
bonds so purchased have been duly canceled, leaving only
$9,500,000 of the debentures outstanding, aa against $11,854,836 net quick assets on Nov. 1, 1900, as shown in the aforeaaid statement.— V. 72, p. 284, 185.
tive preferred stock,
i
American Straw Board
Co.
Called
Bonds.— Fifty-four
($^4,000) first mortgage sinking fund 6 per cent gold bonds
cf 1891 have been called, and will be paid at the International
Trust Co., Boston, on May 1, after which date interest will
cease- V. 72, p. 389, 284.
American Type Founders' Co. New President.— General
Manager George W. Nelson has been elected President to
succeed John E. Searles.- V. 71, p. 861, 865.
Bay State Gas Co.— See New England Gas & Coke Co.
below.— V. 72, p. 341, 285.
Boston & Montana Consolidated Copper & Silver Mioing
Co. Report. The earnings for the year ending Dec. 31 were:
—
Otn. income. Int.As.f.
Balance.
Net.
$90,894 $8,113,294
$13,242,577 $8,192,852 $11,336
14,313
89,317
5,979,845
6,054,849
11,257,280
From the balance, as above, were paid dividends of $43 per
$25 share in 1900, calling for $6,450 000, against $5,400,000
per share) in 1899, and also $1,093,513 for "special con-
Tear.
1900
1899
Oross.
—
March
THE CHRONICLE.
16, 1901.]
struction at Great Falls," leaving balance, surplus, of $569,781, against $579,845.— V. 71, p. 810.
Carbornndnm Co. of Tittshnrg.—New'^ Securities.— The
stockholders will vote May 14 on a proposed increase in the
capital stock from $300,000 to $600,000, and the bonded debt
from $75,000 (68 due 1904) to |400,COO.
Commercial Cable Co.— Bonds Offered.— Bsniug, MaKoan
Co. are cflering $3,000 000 first mortgage 4 per cent bonds.
This completes the $20,000,000 authorized. See advertisement. Also see miscellaneous news item in next columr.—
&
V.
72, p. 482.
Concord Land & Water Power Co.— Sold.— At the foreclosure sale on March 7 the properly was purchased for
$400,000 by John S. Bartlf tt, of Boston, representing himself
and Walter Abbott, of Boston, and Frank S. Streeter, of Concord, the reorganization committee. The capitalizatioa of
the old company as reported was $600,000 stock and $400,000
bonds.— V. 73, p. 243.
Continental Tobacco Co.— Earnivgs.— The net earnings
For the quarter ended Dec. 31 net
are reported as follows:
earnings after all charges and experses for management
$1,414,556; for the year ended Dec. 31, 1900, |4,4':j0,857.—
V. 73, p. 482, 893.
Laclede Gas Light Co. of St. Lonls.— Stock Listed.— The
New York Stock Exchange has authorized the li-^ting of
$485,600 additional common stock as and when paid for in
This U the
full, making the total amount listed $8,500,000.
Stock subscribed for by shareholders a year ago, the last instalment thereon having been payable March 15, 1901. The
5 per cent preferred stock is $2,500,000.
Earnings. The net earniLgsfor the year ended Dec. 31,
1900, after deducting all charges except Interest on bonds,
were $l,0i'!0,730; interest on bonds, $525,000; balance applica-
—
ble for stock, $475,730. -V. 70, p. 1047.
—
Lexington (Ky.) Waterworks Co.— Mortgage. The company has made anew mortgage to the American Loan &
Trust Co. of Boston, fas trustee, to fecure $400,00) o*: 5%
bonds, for refunding present bonds and for imprcvencent
.
Mergenthaler Linotype Co.— iVi) Extra Dividend.— The
company has declared the regular quarterly dividend of
2^%
but has omitted the extra quarterly dividend of 2}^{%
The dividend is
1900.
payable March 80 to stock of record March 16. In 1897 the
dividends aggregated 19 per cent, in 1898 25 per cent, in 18&9
and 1900 each 20 per cent. It is thought the omission of the
extra dividend may be temporary. V. 71, p. 962.
Minneapolis Brewing Co.— Called Bonds.— First mortgage 7 per cent bonds for $14,000 have been drawn and will
be paid at 110 on and after April 1, 1901 (on which date interest will cease) by the Manhattan Trust Co., trustee.
New England Gas & Colie Co.— Consolidation Plan.—
With reference to the plan to consolidate the Boston gas
companies, W. L. Elkins, as quoted by the "Boston News
Bureau,' says:
which was paid throughout 1899 and
—
All parties directly interested have agreed to a conpolidation bill.
permisBive in its character, and although the Boston gas situation Is
in a somewhat tangled condition, I believe matters are now in a lair
way of settlement. We shall not submit any bill to the Legisliture
that has not received foil approval of the Gas <fe Elfectrlc Light Commission, It )s proposed to form a new corporation and ieaue new securities in exchange for the prepent securities without increasing the
present capitalizsitlon of the companies, except for additional plants
which may have to be built. The New England Gas & Coke Co. is such
a success that we will undoubtedly h-ive to enlarge the plant at
Everett. This we may do by building 200 new ovens and of coarse
new money will have to be provided for this expenditure.— V. 72, p.
244, 143.
Nicaragua Canal.— Treaty Rejected.— The document submitted by Lord Pauncefote to Secretary Hay and by him to
the President states that Great Britain cacnot accept the
Senate amendments to the Hay-Pauncefote treaty. V. 71, p,
—
1273.
Northwestern Telephone Co. of Illinois.— Mortgage for
—
$500,000. The company has filed a mortgage in Kai e and
Will counties, Illinois, to secure $500,000 of $500 5 per
cent 20-year bondf. The company has an exchange in oper
ation in Aurora, 111.
Osceola Consolidated Mining Co.— Sep. rf.— The earnings
for the year ending Dec. 31 were:
Tear—
19C0
1899
Gross.
$2,13H,25^
1,791,471
Net.
Dividends.
$576,715
534,832
$571,200
558,450
Balance.
sur. $5,515
def. 23,618
535
leaving a cash balance in the treasury for improvements, etc.
office is at 35 Congress St., Boston.— V. 71, p. 1170.
Standard Milling Co.— New Securities.— The new securi-
The
ties are
being issued.
Officfrs.—U'dmnel Thomas is President: Brayton Ive3,
Chairman of the Board; William L. Bull, Vice-President,
and Joseph A. Knox, Secretary and Treasurer.— V. 71, p. 920.
—
Telephone Telegraph & Cable Co.— Reduction of Stock
The ehareholders will vote March 26 upon a propositioa to
decreaee the capital stock from $30,000,000 to !f9,0;j0,000 by
reducing the par value of each share of the stock from $50 to
William J. Lotta has retired from tbe presidency and
$15.
the office will be left vacant for the present. Henry R. WilVice-President.- V. 72, p. 444, 343.
United States Floar Milling Co.— ^"elo Securities Ready.
The Reorganization Committee, Brayton Ives, Chairman,
announces that, the plan of reorganiziition having been consummated, the Standard Milling Co. has been organized and
the new engraved certificates are now ready for delivery at
the Metropolitan Trust Co. In view of tbe small amount of
stock outstanding, the committee accords to holders thereof
the privilege of availing of the benefit of the plan within
ten days.— V. 71, p. 1074.
United States Steel Corporation.— Cerfi^cafea of Deposit
on Regular List —The New York Stock Exchange has placed
on the regular list the trust company engraved certificates of
deposit for shares of the following companies:
Federal Steel Co., National Steel Co., National Tube Co.. American
Tin Plate Co., American Steel Hoop Co., American Sheet Steel Co. and
American Steel & Wire Co. of New Jersey.
"We have assurances that a
J. P. Morgan & Co. say:
maiority of each class of etock of each of the companies
named will be deposited under the terms of our circular."
V. 72, p. 483, 441.
Warwick Iron & Steel Co.— Bonds. —The shareholders
will vote May 7 on making the proposed bond iesue.— See V.
son
is
—
72, p. 492.
Western Union
Telegraph
Co.— ^arferZj/.— Earnings
(partly estimated) for the quarter and tne nine months ending March 31 were:
Interest
Dividends
Net
Surplus
3 mos. ending
Charges.
Paid.
or Dejteit.
Rivenue.
March 31.
$239,040
$1,217,000
sur. $43,960
1^01 (est.)
$1,500,000
*233,917
def. 132,529
1,216,996
1900 (act)
1,318,384
9 months—
$717,120
$3,651,001 ear. $550,466
19C0 1 (est.). ...$4,918,587
*e82,157
1899-00 (act.)... 4.564,438
3,650,983 Bur. 231.298
'Includes $9,797 for sinking funds.
Total surplus (estimated) March 31, 19C0, ^9,008,670. The
regular 1^^ per cent dividend is payable April 1.— V, 72,
p. 46.
—
&
Spejer
Co., of New York City, offer by subscription at
96 and accrued interest from March 1st, 15.000,( 00 marks
(about $3,750,000) City of Frankfort-on-the Main, Germany,
3i^ per cent bonds, loan of 1901, principal and interest payable in Frank fort- on- the-Main and at thecfficeof Speyer
The bonds are issued in denominations of
Co.. New York.
2,000 and 4,000 marks, being, at tbe rate of 96 per cent as
given above, the amount of $918 66 for each bond of 4,000
marks. The bonds are to be repaid by annual einkina: fund
drawings at par and interest at the rate of at least 1}^ per
cent of the whole loan per year. The drawings will take
place in April of each year, beginning in 1902. The numbers
of bonds called for redemption will be advertised at least in
two newspapers in the city of New York as well as in
Frankfort-on the-Main. The subscription will be opened on
Monday. March 18, at the bankers' offices in New York at 10
o'clock and close at 3 o'clock or earlier on the same day.
&
—
&
Co. offer $2,000,000 CommerMefsrs. Baring, Magoun
cial Cable Co. 4 per cent Ist mortgage bonds at 101 and
interest.
The proceeds of this issue are to be used to extend
the land line, as the mortgage covers the Cable Co.'s property as well as the entire property of the Postal Telegraph
(^o.
The net earnings for 1900, as audited by Deloitte,
Devers, Griffiths
Co., were $2,679,666, while the interest
charge is only $800,000. Besides which the company hold a
reserve furd of nearly |4, 500,000 invested in United States
Government and first class American railway bonds. One
very unique feature cf these bonds is that they are exchangeable into sterling debenture stcck with the same
sf cnrity at about }^ per cent under the par of exchange,
thus making it a continuous call on sterling at a very attrac-
&
—V. 70, p. 531.
Pennsjlrania Steel Co.— Z)epos?7s.— Between 70 and 80 per
cent of tbe shareholders, it is announced, have aseen'ed to tive rate.
the plan.— V. 72, p. 483, 187.
—Attention is called to the offering by C. H. White & Co.
Providence (Bell) Telephone Co.— New Stock.— The share- of the People's Mutual Telephore Co. of San Francisco first
holders, at the recent annual meeting, authorized an increase mortgage six per cent bonds at 95 ard interest. The comin the capital stock from $1,200,000 to an amount not ex- pany is operating a telephone system in San Francisco, where
ceeding $1,600,000. The new stock, it is stated, will be it has a fifty-year franchise. Particulars will be found in
offered at par ($50 per share) toftockholders of record March
20, in proportion of one new share for every three held.
Racine (Wis.) Water Co.— Ifor^goge. —The company baa
a mortgage to the Boston Safe Deposit & Trust Co., as
filed
trustee, covering the entire property, to secure $800,000 of
$1,000 five per cent gold bonds, due March 1, 1911, but subject to call at 103 and interest upon 60 days' notice. Of tbe
new bonds, $150,000 will be reserved by the trustee for new
constiuction, etc. The remaining $650,000 will be issued at
once to pay old first mortgage bonds of |4C0,000 and second
mortgage bonds of $100^000, and all floating dett, besides
the advertisement.
—Circular No. 7 on New York '^ Curb " Securities has just
This
been issued by C. I. Hudson & Co.. 34 Wall Street
circular is devoted to a description of the British Columbia
Copper Company's property, capitalization, etc., and contains also a hst of its officers and directors. Copies can be
had on request.
Farson, Leach & Co., of New York and Chicago, have
opened an office at 421 Chestnut Street, Philadelphia,
charge of Schureman Halstead. who for years past has been
connected with the New York office.
—
m
THE CHRONICLE.
53B
[Vol. LXXII.
nn& documents.
je$r0rts
AMERICAN BICYCLE COMPANY.
FROM OFFICIAL STATEMENT TO NEW YORK STOCK EXCHANGE.
The New York Stock Exchange has listed the present
Bicycle Company,
securities of the American
issued
namely:
$9,294,P00 7 per cent cumulative preferred stock (par $100) full
paid and non-asneRsable.
$17,701,500 common stock (par $100) full paid and non-aspessable.
$9,243,000 5 per cent sinking fund gold debentures, dated Sept. 1,
lt'99, and maturing Sept. 1, 1919.
An
official
statement to the Exchange furnishes the follow-
ing data:
COMPANY AND
BUSINESS.
in New Jersey on May 12,
manufactures fully 65 per cent of all the bicycles
made in the United States; the annual output varies with
the demands of the trade, but a conservative estimate of the
capacity of its various plants would be 1,000,000 complete
machines per annum, with a capacity in the manufacture
of automobiles of at least 12,000 vehicles of all descriptions
The company was incorporated
1899.
It
in addition.
CAPITAL STOCK.
capital stock is $35,000,000 7 per cent cumulative preferred stock and $45,000,000 common stock, but
no more will be issued except in exchange for property
or cash. Article 7 of the Certificate of Incorporation as
amended in January, 1901, provides that the company shall
not have power to create any bonded or mortgage debt, or
to issue any debentures except with the consent of the
holders of record of at least 75 per cent of the preferred
stock.
The rights of the two classes of stock are as follows
The holders of the preferred stock are entitled to a preferential cumulative dividend at the rate of 7 per cent per annum, payable quarterly, half-yearly or yearly, as the directors shall from time to time determine, to be paid before any
dividend shall be set apart or paid on the common stock,
and are also entitled, in case of liquidation or dissolution
of the company, to be paid in full an amount equal to the
face value of their shares before any amount shall be paid
to the holders of common stock. Both classes of stock have
The authorized
:
the same voting power.
000,000 was all issued in part payment for plants acquired
interest began Sept. 1, 1899, and is payable semi-annually
March 1 and Sept. 1. The issue of Ihedebentures was for the
purpose of providing cash for a payment to the vendors of
'dO per cent of the purchase price of their properties.
The debentures provide that before the first day of July in
each year, beginning with the year 1901, the American
Bicycle Co. shall purchase and deliver to the United Stales
Mortgage
Trust Co., as trustee, (who shall thereupon cancel the same), $250,000 par value of the said debentures,
provided it has been able to x)urchase the same at less than
105 percent of the par value thereof, together with the
accrued interest or such lesser amount of said debentures
as it shall then have purchased at or within said price. And
in case of its inability so to purchase the whole or any part
of said amount, the American Bicycle Co. will, on or before
.said first day of July, pay into the said United States Mortgage
Trust Co. of New York, as Trustee, a sum cf money
sufficient to redeem the whole or the unpurchased portion of
said $250,000 par value of said debentures at 105 and
accrued interest to Sept. 1 following. The said Trust Company forthwith shall draw by lot the debentures to be
redeemed, and shall publish notice of the drawings thereof
for redemption, specifying the serial numbers of the same
and that the'same will be redeemed on Sept. 1 next ensuing.
Interest upon the debentures so drawn shall cease from
and after said Sept. 1.
The debentures further provide that, in case the American Bicycle Co. shall at any time hereafter execute any
mortgage upon its property or franchises to secure the payment of any bonds or debentures hereafter is.sued, the
holders of debentures herein specified shall be given the
option:
&
&
To exchange their Debentures for an equal amount at par of the
Bonds or Debentures hereafter issued, or
(b) To declare the principal of their Debentures forthwith due, and
piior to or elmultaneoufly with such future issue of Bonds or Debentures to receive payment of their Debentures at the price of 105 with
accrued interest to the date of such piiyment; and that
(a)
said
No bond
DEBENTURE BONDS-SINKING FUND
BE CALLED AT 105 AND
$250,000
YEARLY— MAY
INTiiREST.
The debentures are twenty- five year 5 per cent sinking
fund gold debentures, in coupon form, and the total of $10,-
PROPERTIES
or mortgage other than those of this issue shall
any time be made, assumed or guaranteed by the American Bicycle Co. without the consent of the holders of recat
ord of 80 per cent of the preferred stock of the American
Bicycle Co. then outstanding.
NOW OPERATED.
The company at the present time operates the following
plants,
OWNED IN
Acme Mfg.
Co.,
Reading Pa
which
it
owns
or leases:
^Annual
FEE.
Bicycles.
Real estate and buildings, mostly brick, situated on 8th. Elm and Popand P. & R. Railway, and at Nos. 946 and 948 Court Street.
Dimensions of real estate: That on Elm Street and P. & R. Railway,
200x230 feet; Court Street, 40x130 feet
Real estate. 219x514 feet. Cherry Ave. and Blackhawk St., and
twenty buildings thereon, mostly brick
Real estate, 18.5x225x135x105 feet. Three brick buildings thereon
Real estate on Clark and leth Sts. and Armour Ave 181 feet front on
Armour Ave., 136 feet on Itith Street, running through Clark St., one
Capacity.
—n
Aulomobilet.
lar Streets,
Ames
«fe
Frost
Co., Chicago, 111
Black Mfg. Co., Erie, Pa
A. Featherstone & Co.,
Chicago,
111
Cbawfoed Mfg. Co Hagerstown. Md
GORMDLLY & Jeffert Mfo. Co., Chlcago,
,
Indiana Bicycle
Lamb Mfg.
Co., Indianapolis, Ind
Co., Chioopee^Falle,
Mass
LoziEB Mfg. Co., WestfleW, Mass
LoziER Mfg. Co.. Toledo, Ohio
A. D. Meiselbach, Milwaukee, Wis
Pope Mfg.
Shelby Cycle Mfg.
Conn
Co., SheJby, Ohio
65,000
15,000
,
large brick building
Real estate, 6-28 acrep, with sixteen buildings thereon. All brick
111... Real estate on southeast and southwest corner Institute Place and
Franklin St., brick and steel building, 110x215 feet on southeast corner owned; three brick buildings southwest corner, occupied under
5-year lease
Real estate, twelve lots 45x190 feet, and two lots 85x70 feet, with
seven buildings thereon, all brick
Approximately four acres, with ten buildings thereon, all brick except
four frame storehouses
Twelve acres, with six buildings thereon, four brick and two frame
About 4 86 acres, eleven buildings thereon, seven brick and four frame.
About 6% acres, with fifteen buildings thereon— four brick, oiie stone,
andtenframe
Co., Hartford,
45,000
60,000
60,000
50,000
J, 000
10,000
3,000
10,000
50,000
20,000
5,000
100,000
Real estate, 6 7 acres on Capitol Ave., 20 buildings thereon, 18 brick
and 2 frame. Also vacant lot bounded by Capitol Ave., Lawrence St..
Broad St. and Park River
Five acres on Smiley Ave., one large brick building thereon
75,000
30,000
LEASED.
Monarch Cycle Mfg.
Syracuse Cycle
Co., Chicago, ni
Co., Syracuse, N.
Western Wheel Works,
Chicago,
Y
111
Real estate and buildings not owned
Keal estate and buildings not owned
Real estate and buildings not owned
The said real estate is free and clear from encumbrance,
with the exception of certain encumbrances amounting at
the present time time to $41,000; to secure the payment of
which a sufficient amount of the company's debentures
has been deposited with Messrs. Baring, Magoun & Co.
With the properties acquired, the company has also
acquired many valuable patents, covering fundamental and
collateral features of this art.
The capital stock of the vendor corporations were all
acquired as muniments of title, except the capital stock of
the Pope Manufacturing Co., which was retained by the
vendors for the purpose of voluntary dissolution.
still
retain and own all of the capital stocks so acquired, except
that of the American Saddle Co., which has been in effect
exchanged into stock of the Automobile
Cj'-cle Parts Co.
We
&
60,000
8,000
75,000
3,000
as explained below, and of the Hartford Rubber Works Co.,
Mandfacturing Co.. and the Indiathe Peoria Rubber
the stock of tbese latter companies
napolis Rubber Co
having been sold by us with the rubber properties, as
&
,
explained below.
these capital stocks so
possession, but are not
treated in our accounts as an asset, being held merely to
protect our right to the use of the names of the various
corporations, and to enable us to dissolve these corporations
will not
as and when it is thought desirable to do so.
sell or part with our control of these shares of stof;k otherwise than for purposes of dissolution without the consent
of the stockholders of the company duly given at a
The certificates for all the shares of
owned and held by us are now in our
We
meeting.
.
March
PROPERTIES SOLD, ETC.
Of the properties acquired at organization we have sold
the following factories for the purpose of concentrating the
business in our other factories, where it could be done more
economically:
Sold to Conoentbate Wobks.
Colton Cycle Co., Toledo, Ohio.
E C. Stearns & Co., Toronto, Canada.
Fay Manufacturing Co., Elyrla, Ohio.
(One small building on leaned ground sold, a small part of factory.)
Geneva Cycle Co., Geneva. Ohio.
Grand RapldH Cycle Co., Grand Raplrtfl, Mich.
Hartford Rubber Works Co.. Hartford, Conn.
H. A. Christy & Co., Walkerville, Ont.
Indiana Novelty & Manufacturing Co., Plymouth, Ind.
Indianapolis Rubber Co., Indianapolis. Ind.
Lamb Manufacturing Co., Chlcopee Falls, Mass.
(A small portion of the land and 3 small buUdinps not In use were sold).
Peoria Rubber & Manufacturing Co., Peoria, 111.
Rubber Manuf. Depart m't of Indiana Bicycle Co., Indianapolis, Ind.
Sterling Cycle Works, Kenosha, Wis,
The following-named factories were sold and conveyed to
the Automobile & Cycle Parts Co., a corporation organized
under the laws of N. J., of whose authorized capital stock of
$.5,000,000 (all common) there has been issued S3,157,.500, par
value, our company receiving in payment for said factories
$3,000,000, parjvalue, thereof. These factories did not manufacture bicycles, but only bicycle accessories and parts, a
separate department of the business. They are as below:
Consolidated Into Automobile & Cvcle Parts Co.
American Saddle Co.,
Ball & Pedal Factory,
Geo L. Thompson Mfg. Co.,
Hart & Cooley Mfg. Co.,
Smith & Sons Co.,
Indianapolis Chain & Stamping Co.
The following properties are not operated by the company
C. J.
:
Leases Expired and Not Renewed.
Barnes Cycle Co.
Nuttall Mfg. Co.
Columbus Bicycle Co.
Stover Bicycle Mfg. Co.
Fanning Cycle Mfg. Co.
Christy Saddle Co.
Factories Closed and Idle.
BulTalo Cycle Mfg. Co.
Fay Manufacturing Co.
viking Mfg. Co.
|
|
Owned but Leased to Outside Parties for Other Purposes
Than Making Bicvcles, or Parts Thereof.
Lamb
;
THE CHRONICLE
16, 1901.J
for the reasons indicated
:
.
Mfg. Co., Chicopee Falls,
Hartford Cycle Co., Hartford,
Conn.
E. C. Stearns & Oo.,'Syraou8e, N. Y.
H. A.Christy &Co.,We9tHarvev,lll.
North BulTalo Wheel Co., BufTalo,
Mass. (Portion only.)
Lozier Mfg. Co., Thompsonville,
Conn.
Milwaukee Mfg. Co., Milwaukee,
Wis.
N. Y.
PROCEEDS OF PROPERTIES SOLD.
The company has received from sale of the foregoing
properties:
Cash
$3,037,053
Capital stock of Automobile & Cycle Parts Co. (authorized,
$5,000,000; Issued, $3,157,500)
3,000,000
No further issue of said stock can be made except to
acquire property and with the consent of the President
of American Bicycle Co. The $3,0 0,000 of stock issued
to American Bicycle Co. ia held in its treasury and cannot be sold except by vote of directors ratified by stockholders.
Capital stock of American Wood Rim Co. (authorized, $500,000; Issued, $450,000)
146,000
Organized under laws of West Virginia. The American Bicycle Co. is represented on the board of directors
by two of the live directors constltutinfrthe board.
First mortgage on real estate in Grand Rapids, Michigan..
15,000
Total received for properties sold
The company has also received for
machinery and real estate leases
%3i,ib8fiis zS
1,168,015 28
$30,000,000 00
1,072,881 84
Cash
4,432,987 03
Accounts and notes receivable
Investments in securities at estimated value on Aug. 1,
Brought forward
Less depreciation
,
4,001,70000
1900
(These investments produce an annual Income of
$256,475.)
Merchandise on hand, including finished produce, raw
material and supplies
Unexpired insurance
Total.
-$15,370,114 61
Debcuturt-s, 5 per cent. dueSept. 1, 191 9.$1 0,000,000 00
Preferred Stock, cumulative 7 per cent.. 10,000,000 00
20,000,000 00
^
-$10,000,000 00
$3,280,619 64
Common Stock
Accounts and notes payable
Factory bonds and mortgages previous to oousoli$198,457 22
datlon
Les8paid8ince8ept.l,1899. 77,457 22
121,000 00
3,401,619 64
Surplus Account
Balance
$1,362,915 29
Net profit ten months ending July
3 1, 1900, after paj
bonds..
intr
Interest [on
605,579 71
1,968,495 00
$45,370,114 64
in its treasury the following amounts
of its issued capital, which are included in the item "investments in eecurities, etc.," in the statement of Aug. 1,
1900:
$705,100
Seven per cent cumulative preferred stock
2,298,500
Common stock
757,000
Five per cent sinking fund gold debentures
Total
The company holds
The net condition of the company has not materially
changed since Aug. 1, 1900. Its liabilities have increased,
but they are offset by an increase in the inventory.
The following is a statement of the quick assets and liabilities on Nov. 1, 1900:
American Bicvcle Co., Quick Capital, Nov. 1, 1900.
Ansels
—
Investments
$733,111
4,765,385
5,865,749
1,909,700
$125,579
1,211,529
82,000
$13,273,91.^
I
it
REGISTRAR AND TRANSFER AGENT.
The shares are registered by the United States Mortgage &
Trust Co. of No. 59 Cedar Street, New York City, which is also
260,418
The result of the business for the following ten months is
shown by the statement of condition Aug. 1, 1900, as contained in the President's report to the stockholders at the
annual meeting Oct. 9, which was as follows:
Results for tue Ten Months Ended July 31, 1900.
.$13,780,22a
$855,579 71
250,000 00
was
—
Accounts payable
Notes payable
Factory bonds and
mortgages
1
Net quick assets .$11,854,837
will publish at least once in
each year a proper detailed statement of its income and expenditures, also a balance sheet giving a detailed and accurate statement of the condition of the company at the close
of its last fiscal year.
Total
The company 'agrees that
$6,198,053
Net
Liabilities
l
Cash...
Accts. and notes reo..
Merch. and material..
the Registrar of the debentures. Messrs. Baring, Magoun
& Co., of No. 15 Wall Street, New York City, are Transfer
Agents.
The American Bicycle Co. will register at its office in New
York City the principal of its debentures and make transfers thereof.
OFFICERS.
sales of miscellaneous
Gross sales
5,815,008 07
44,537 70
Liabilities —
FINANCIAL STATEMENTS.
profits for same period were
Interest paid on debenture bonds
637
The executive
officers are as follows
:
R. L. Coleman. President; Col. George Pope. Vice-President; J. E. Bromley, Second Vice-Pr<sident; theo. F. Mer
seles, Third Vice-President; C. W. Dickerson, Acting Treasurer; C. W. Dickerson, Secretary; all of New York, N. Y.
The board of directors consists of fifteen members, divided into three classes of five each, the term of one class
only expiring with each year. The present board is as follows
Class 1, term expiring 1901
Harrv A. Lozier Sr.. Cleveland, Ohio
A Featherstone, New York. N. Y.; R. S. Crawford, Haeerstown, Md.
:
:
Leaving net
proflts for benefit of stock
Balance Sheet August
$605,579 71
1,
E. C. Stearns. Syracuse, N ^ Y.; Wm. Barbour, N»»w York, N. Y.
_
. ..
.
Seabrinht. N. J.
Ol,
LASS 2, term expiring 1902 Albert G. Spalding, ^ .
Albert A. Pope. Cohasset, Mass. R. Lindsay Coleman, New York, N.
•ert
1900.
,
Oct. 1. 1899
;
.
George Pope, Orange, N. J. vacancy.
Class 3, term expiring 1903 Oeorice W. Young,
Y^.
;
;
New Y'ork, N, Y.
Charles L. Ames, Chicago, 111.; J. W. Kiser, Chicago, 111 ; Gardiner
M, Lane, Boston, Mass. George F. Crane, New York, N. Y.
The annual meeting is held on the second Tuesday in October.
$31,502,760 89
Less miscellaneous sales of factories
and machinery closed out since Oct. 1,
1899
.
:
Astets—
Plant Investment, per statement dated
:
;
334,745 61
$31,168,015 28
THE RIO GRANDE WESTERN RAILWAY COMPANY.
APPLICATION TO
NEW YORK STOCK EXCHANGE
TO LIST MORTGAGE AND COLLATERAL TRUST
FOUR PER CENT FIFTY-YEAR GOLD COUPON BONDS-
New York,
February 26th,
1901.
The Rio Grande Western Railway Company begs to present
this application for the listing of $4,000,000 of its First Consolidated and Collateral Mortgage Four per Cent Fifty-Year
Gold Coupon Bonds. Sub-series '" A," of §1,000 each, and
numbered from 1 to 4,000 inclusive, due April 1st. 1949. in
the City of New York, secured by a Mortgage to the Morton
Trust Company (formerly The State Ti-ust Company) of
New York, Trustee, dated April 1st, 1899. Interest is" payable on the first days of April and October in each your in
the City of
York.
New
The Mortgage securing these bonds was authorized by
resolutions adopted at a special meeting of the Stockholders
held at Salt Lake City, Utah, Aprill4th, 1899, of which the
following is a true copv
^
r.
tj n
'•
liesoiteri. That tne Stockholders of the Rio Grande Western Railway Company do hereby authorize and ratify the resolutions a-loptea
bv the Board of Dlrect'rs authorizing: the issue of a senes of tour
per Cent Consolidated Fiftvyear Gold Bonds of this Company in thj
form prescribed in the said resolution of the B mrd of Pire^'tors, ana
subject to the limitations as to issue contained in the saia l«r™> *na
authorizing and directing the execution and delivery to tue t>i»i«
Trust Company of New York of Deed of Trustor Mortgage eeounng
the said bonds and substiintlally in the form prescribed in the said
:
resolution."
:
TBK (CHRONICLE
688
"Resolved, That the Board of Direotora of the Company have
uiodili«atlou8, if nny, as they shall deem iiecessary or for the interest of the ('ompany in the iorm of the said bonds
or in the form of the said Deed of Trust or Mortgage."
'•Resolved. That the Executive Ottioers of the Company, when
authorized by the Board of Directors, are empowered to purchase or
otherwise acquire for the Company, in any lawful manner under laws
now or hereafter in force, all or any of the franchises, rights of way
and lines of railroad of the Du Chesne Railway Company, the Tintio
Range Railway Company, th(i Sevier Railway Company, the Utah
Eastern Railway Company and Utah Central Railroad (ompary,
which connect or will connect with and form extensions of the lines
of railroad of this Company, said franchises and properties to be purchased or acquired on such terms and oouditiona and for such considerations as may be authorized, approved and ratitied by the Board of
power to make suoh
Directors."
The following
is
a true copy of the resolutions of the
to in the above resolutions of
Board of Directors referred
[Vol. LXXII.
date named for such payment, and by mailing such notice
to the registered holders of bonds so to be paid off.
The $4,000,000 of bonds for the listing of which application is now made, as also the $2,163,200 remaining in the
Company's treasury, are of sub-series A, and bear interest at
the rate of four per cent per annum, and are by vote of
Directors on May 16, 1899, certified copy herewith filed,
redeemable at par and accrued interest in the manner above
stated.
The following is a statement of the Company's income
account for the six months ending December 31, 1900
:
Gross earnings
Working expenses and taxes
$2,549,977 03
1,822,332 69
Netearnings, after deducting taxes
Interest
from loans,
$727,644 34
25,675 93
etc
the Stockholders
"Resolved. Thatthere be Issued a seriesof Four perCentConsolidated
Fifty-year Gold Honds of this C'ompany, whlc h shall be In the form
following, and subject to the limitations as to issue contained in said
form, to wit:" ( :;opy of Bond is herewith.)
"Kesolved. That the officers of this Company be and they hereby are
directed to execute and deliver to the State Trust, Company of New
York a Deed of Trust or Mortgage substantially In the following
Xorm:" (Cony ol Mortgage is herewith.)
The proceeds of sa'e of the above $4,000,000 bonds were
and are to be used in paying for the building of 58'16
miles of new railroad (48*78 miles of which connect with
the Company's main line at Provo and Motinds; 5'46 miles
of which are extensions to the Comyjany's Pleas <nt Valley
Branch to additional coal mines, and 8'92 miles an extension from Belknap, on the Sevier Railway Branch, to
Marysvale.
all in
the State of Utah); as well as to provide
equipment and other recessary additions and improve
ments to the Company's property, as provided in tbe Mortfor
gage.
There are issued of these Consolidated Bonds a
total of
$6,168,200.
Of these $2,20J,000 were issued in exchange for $1,^01,300 First Mortgage Bonds of the Tintio Ranga Railway and
$l,59i.0CO First Mortgage Bonds of the Sevier
Railway Company.
800,000 were issued in exchange for a like amount of the
Company's First Trust Mortgage Bonds, which
were thereupon canceled.
2,000,000 for equipmi^nt and improvements as provided in
the Mortgage («l,O0O,OOC oa execution of Mortgage. $500,000 for the fiscal year 18 9-1^00
and $500,000 for the fiscal year 1900-1901), and
1,163,200 for 58'16 miles of new railroad.
Total, $6,163,200
Of the above $2,168,200"(as well as the $260,000 of Utah
Central First Mortgage Bonds mentioned in the within balance sheet) are held in the capital reserve of the Company.
These bonds are secured by a First Mortgage on 16S'16
miles of railroad constructed and in operation, being the
Tihtic Range Railway of 4804 miles, the Sevier Railway of
70"88 miles, the Carbon County Railway of 23 24 miles, the
Utah Eastern Railway of 15 miles, and the branch of 11
miles from the main line at Provo to a connection with the
Utah Eastern Railway; also by a first lien on $677,200 of new
equipment already delivered. They are al-o secured by a
second lien on 438'01 miles of road and all other property of
The Rio Grande Western Railway Company (in'-ludin? its
main line), subject to the prior lien of $15,200,* 00 First
Mortgage Fom- per C^nt Bonds, which are to be retired by
means of the Consolidated Bonds.
In order that the 118"92 miles of railroad constituting the
Tintic Range Railway and the Sevier Railway may be
placed, as diieciy as may be, under the present Consolidated Mortgage, there have been deposited with the Morton
Trust Company, Trustee, all of the Mortgage Bonds, and all
but ten shares of the stocks issued by each, the Tintic
Range Railway Company, and the Sevier Railway Company,
and these securities are held by the Trustee of the Consolidated Mortgage as additional security for the Rio Grande
Western Railway Company's Consolidated Bonds.
Further issues of bonds secured by the Consolidated Mortgage may be made for the following purposes:
At the rate of not exceeding $20,0C0 per mile for newly-oon1.
Btructed or acquired lines of railroad.
2. $8,000,000 of bonds, at not exceeding $500,000 in any fiscal
year (unless the written consent of the owners of two-thirds in par
value of the stock of the Company be obtained for the issue of a greater
amount) for the further development of the property by providing for
its future needs, equipment and othflr additions and acquisitions made
with the view of increasing the trattlc of the railway.
$l.'j,200,000 to retire a like amount of bonds of this
secured by its First Trust Mortgage dated April 1st, 1889.
3.
These bonds
may
Company
be registered on the books of the
Com
Deduct Interest on bonds (including $3,000,000 consols)
$359,066 f7
Deduct net rental of leased lines
23,518 76
382.580 43
Net income
$370,739 84
Out of which dividends aggregating Two and Une-half
per Cent on the Company's Preferred Stock have been
the
piiid for
first six
months
of the present fiscal year,
amounting to
187,435 00
Surplus income for the six months
The following is a condensed statement
bilities as of December 31st, 1900
at its
New York
:
—
new equipment,
96
including discount on securities sold since June
etc.,
141.837 16
30, 1900
Total cost of road and equipment to June 30, 1900
$30,694,861 12
Bonds and capital stock, representing
cost and ownership of the Tintio
Range and Sevier Railways
$3,473,559 00
(The above securities are deposited with
the Morton Trust Company, Trustee,
as collateral for First Consolidated
Mortgage Four Per Cent Bonds, issued
in accordance with the terms of said
Conaolioated Mortgage).
Capital stock of other controlled railway companies and of the Western
Express Company at nominal value..
27,110 20
3,500,669 20
Deferr D Accounts:
$330,247 03
Improvements on leased roads
Cost of Bovino Stock Yards near
Grand Junction
This Company's proportion of cost
8,809 63
spur to sugar works, Grand
Junction. (One-third of total cost)
of
2,84186
341,898 52
First Consolidated Mortgage Bonds in the treasury
.'.
(at par)
First Mortgage Bonds of the Utah Central Railroad
Company in the treasury (at par)
3 ,163,200
00
260,000 00
Cash on deposit and loaned out
$2,681,13142
Cash deposited with the Morton Trust
305,440 00
Co., Trustee, to pay interest on bonds
2,986,571 42
Due from agents and in transit
Due from individuals and companies...
Due from United States Government...
$60,358 72
271,445 46
194,777 81
526 53199
323,892 97
Materials and supplies
Accrued interest on Utali Central Railroad Company
Bonds in the treasury
Other assets
13,000 00
3,262 cO
$41.813.937 72
'
Liabilities—
Oapit \^l Stock
*
$7,500,000 OO
1". 000,000 00
Preferred Oapltal Stock
Capital Stock
Common
$17,500,000 00
Funded Debt:
First Trust Mtge.
Bonds due July
1939
Less: canceled
4%
1,
$16 000,000 00
800,000 00
$15,200,000 00
First Con. M.
4%
Bonds, Series A,
due April 1,1949
6,163,200 00
21,363,200 00
$240,31793
153,83946
Vouchers
Payrolls
Paychecks and unclaimed wages
18,622 21
412,779 60
to foreign roads for traffic balances
$138,719 43
to individuals and companies for
car mileage
21,80141
Due
Due
160,520 84
4,448 24
Mileage books sold
Interestdne on bonds
Accrued interest on Consolidated Mort-
.$307,113 33
Bonds
46,966 68
RR
Office,
cancellation at the office of the Company in New York.
The bonds may be divided into sub-series, lettered respectively A, B and C; all the bonds of each sub series having
the same rate of interest and rate of premium in case of
redemption, but the rate of interest .shall in no case exceed
four per cent per annum, and the rate of premium for
redemption shall not exceed ten per cent. The Railway
Company has the right, before the date of maturity of the
bonds, on the 1st day of April or the first day of October of
any year, to pay off all the bonds secured by the first consolidated mortgage, or all the bonds of any one or mo'e sub
series thereof, by publishing notice of such redemption in
one Salt Lake City and two New York City newspapers once
every fortnight during the six months next preceding the
$183,304 84
of Assets and Lia-
Assets
Cost of road and equipment to June
30, 1900
$30,553,023
Expended for extensions, beiterments,
--
gageBonds and Utah Cent.
and are thereafter transferable
on the books of the Company in New York City. They may Unpaid taxes (payable in November, 1901)
be exchanged for .Registered Bonds by surrendering them for Dividend on Pref. Capital Stock (payable Feb.
companies
pany
$753,320 27
individuals and
Insurance and other reserve funds
Due to
Bills
payable
Assets in excess of liabilities
1,
1901)
354,0?0 01
24,949 27
93,720 00
35.172 11
244,838 60
1,400,00)00
oono-ianfi
220,21i9 05
$41,813.937 72
Yours respectfully.
GEO. A. KRAUSE, Secretary.
Enclosure.
Ihis Committee on Stock Lists recommends that the
above-described $4,000,000 Mortgage and Collateral Trust
Four per Cent Fifty-year Gold Coupon Bonds, Sub-series A,
of 1949, for SI, 000 each, Nos. 1 to 4,000 inclusive, be admitted to the list.
Adopted by the Governing Committee March 13, 1931.
.
Mabch
THE CHRONICLE.
16, 1901.]
COTTON.
^hc ®0mmjemal ^imjes.
COMMERCIAL EPITOME.
Fbiday Nioht, March
639
Friday Nianr, March
15, 1901.
The Movement of the Chop, as Indicated by our telegram*
from the South to-night, is given below. For the week ending
evening the total receipts have reached 125,278 bales,
thia
15, 1901.
against 140,873 bales last week and 124,599 bales the previous
The general condition of business has been fairly satisfac- week, making the total receipts since the 1st of Sept., 1900,
bales, against 5,771,613 bales for the same period of
tory. The demand for iron and steel has been active, suf- 6,154,158
1899-00, showing an increase since Sep.l, 1900, of 882,545 bales.
an increasing production and hold
prices firm. In some lines of trade, however, there has appeared to be a temporary lull awaiting the openine: of interior
navigation. Owing to the continued unsatisfactory condition of the cotton goods trade, the Fall River mills are preparing to curtail production. The situation in the Far East
has attracted increased attention, due to the action of Russia
in regard to Manchuria. Albany advices report that Qov-
ficiently so to fully absorb
Odell will recommend to the Legislature the continuation of
the deepening of the Erie Canal.
Lard on the spot has been in moderate demand and prices
have advanced, closing firm at 8c. for prime Western and
Refined lard has advanced, closing
7'65c. for prime City.
firm at 8*25c. for refined for the Continent. Speculation in
lard for future delivery has been fairly active at advancing
prices on general buying, stimulated by continued light receipts of swine. The close was firm, with shorts buying to
OT LARD rUTUBEB.
Mon. Tuet.
Wed. Thur*.
7-87
March
7-85
7-87
7'97
8-02
Fri.
shoulders; 9i^@9^ cents for
pickled hams and 7^@8^ cents for pickled bellies, 14@
10 pounds average. Beef has been quiet but steady at $8@
for
packet; $10 50@
$3 50 for mess; $9 50@$10 50
$11 50 for family and $13@$16 for extra India mess in
Tallow has been dull, closing at 4^@4^ cents.
tierces.
Oleo stearine has had a fair sale, closing at 1% cents.
Lard stearine has been firmer, closing at 8J^ cents. Cotton
seed oil has advanced, closing at 31 cents for prime yellow.
Butter has been in fairly active demand and firm for the
best grades, closing at 15@22c. for creamery. Cheese has
been firmer, closing at 93^@123^c. for State factory, full
Fresh eggs have been easier, but the close was
cream.
steady at 14c. for choice Western.
Brazil grades of coffee have continued to meet with a slow
sale from first hands. The crop movement has been large
and under fairly free offerings prices have declined. The
close was steady at 7^c. for Rio No. 7. The demand for West
India growths has dragged and prices have weakened slightly,
closing at 8^;^@9c for good Cucuta. East India growths have
had a small jobbing sale at unchanged prices. The speculation in the market for contracts has been fairly active at
declining prices, under selling by longs to liquidate their
accounts, prompted by a continued large movement of the
Brazil crop and weak foreign advices.
The close was firm.
The following are the closing asked prices:
5'76o.
5-900.
I
Aug
Sept
5'95o.
6'00o.
6'OOo.
Nov
4,564
6,974
4,141 12,274
7,542
6,464
6,888
6,399
96
232
67
20
84
211
2,862
3,174
2,148
1,917
2,841
2,093
322
990
394
1,083
511
27
360
72
749
198
29
60
63
605
1,505
1,034
1,027
1,224
869
6,264
150
111
383
502
597
226
1,067
321
399
806
343
693
3,942
171
60
"m
2,939
2,059
3,942
295
25
85
743
<fec.
Bavannah
Brunsw'k.&o.
Oharleston
Pt. BoyaliAc.
Wilmington....
Wash'ton.Ac.
Norfolk ....
NewB, Ac.
New York.
Boston
Baltimore
Phlladel'a,
Ac.
Beteiptt to
March, 16.
Thi$
week.
1899-1900.
Since Sep.
1, 1900.
40,758 1,694,159
Sab.P.,&c.
103
41,019
New Orleans 43.708 2,018,507
UobUe
594
99,789
P'sacola,&c.
211
136,062
Bavannah... 17,011 907,456
Br'wlok.&o.
2,098
96,302
Charleston..
3,329 207,709
910
P.Royal.&o.
60
1,469
237,691
Wilmington.
Thii
week.
Stock.
Since Sep.
1, 1899.
1901.
1900.
146,448
65,000
10.778
4,225
40,915
3,151
142,599
38,500
10,803
10,567
125.278 6,154,158 112,432 5,771,813
.
Totals
870,615
905,238
522
331,228
31,587
104,795
174,386
54,418
17,618
6,264
2.939
2,089
3,942
743
134,676
• aWM
108,745
-
364,559
16,111
340,041
20,518
«a*
122,462
104,559
5,607
9,058
2,573
31,450
>>•>
....
2,976
12,793
....
26,732
In order that oomparlson may be made with other yeara,
we give below the totals at leading ports for six seasons.
at—
Beeeipt$
Galves'n.Ao.
New Orleans
40,861
43,708
11,992
wk. 125,278
112,432
MobUe
594
Ohas'ton, Ac.
Wllm'ton, Ac
Norfolk
N. News, Ac.
A.U others...
rot. this
1900.
1901.
16,720
43,486
3,940
20,222
4.196
3,363
6,571
214
14,721
Savannah...
17,011
3,379
1,469
6,264
1899.
1898.
22,747
35,609
3,342
10,073
2,233
1897.
1896.
16,523
23,616
3,429
7,360
1,570
11,930
23,430
42,918
7,924
18.237
17,182
2,572
5,427
597
27,507
8,152
9,849
23,057
1,781
13,709
2,368
1,387
9,384
1,610
6,315
95,510
145,794
65,459
69,460
1,029
8,38S
161
355
4,270
194
Since Sept. 1 6164,158 5771,613 7441,939 7815,192 6180,865 4686,475
The exports for the week ending this evening reaoh a tota
of 156,127 bales, of which 73,347 were to Great Britain, 19,633
to Franoe and 63,147 to the rest of the Continent.
Below
>re the exports for the six days and since Sept. 1, 1900.
Sxvortt
from—
;
W$ik anHn§ March 15,
Mxvorted to—
er$at
France
Brit'n.
Salveiton
81,439
10.819
1901.
from
1, 1900, to Mch.
Bxporttd to—
Sept.
Oonti. 2otal
er*at
France
nent. Wt4k. Britain.
86,443
68.101
703,611 244.720
;
Sab. Pass, &o..
New
Orleans..
19,366
Mobile
Pensaoola
SaTannali
Brnnswlok....
and under mod-
erate offerings and weaker foreign advices prices have declined, closing at 25'50@25'90c. Ingot coppar has been dull,
with the nominal quotation for Lake 17c. Lead has had
only a small sale, but prices have held steady at 4-373^c. for
domestic. Spelter has weakened slightly, closing flat at 3-90
@3'95c. for domestic. Pig iron has continued to meet with
a good sale, closing at $13@16 50 for domestic.
Refined petroleum has advanced, closing at 8"05c. for refined in bbls,, 9'lOc. for do. in cases and 5'50c. for do. in
bulk. Naphtha has been unchanged at 9"55c. Credit balances have been steady at $1 38. Spirits turpentine has declined, closing dull at 38@383^c. Rosins have been easier,
closing at $ I 55 for common and good strained. Hops have
been quiet but steady. Wool has been in fairly active de-
mand and steadier.
50
1,469
16,720 1,605,769
65,851
43,486 1,604,416
2,940
174,100
805 127,628
20,222 982,242
879 100.668
4,195 241,025
......
1.214
3,358
255,868
5
799
6,571
350,761
214
26,244
6,020
45,671
2,473
73,461
2,986
75.527
1,558
40,379
aalveston...
:
dull,
2,093
3,329
week 16,870 22,905 24,226 17,785 18,462 26,030 125,278
Phlladel.Ao.
quiet markets. Seed leaf tobacco has been quiet but steady.
Sales for the week were 1,350 cases, as follows
500 cases
1899 crop, Zimmers, 15@16c.; 100 cases 1900 crop. New England Havana seed, forced sweat, 25@723^c. 325 cases 1899
crop, Pennsylvania seed leaf, 123^@13c.; 275 cases 1899 crop,
Wisconsin Havana, 12@14c.. and 150 cases 1899 crop, Qebharts, 133^0. also 675 bales Havana at 37@90c. in bond and
150 bales Sumatra at 80c. @$1 60 in bond.
been
S91
211
17,011
N'p't
Boston
Baltimore
Kentucky tobacco has had only a small sale locally, but
prices have held steady. Western advices also have reported
for Straits tin has
40,753
103
43,703
4,069
PenBacola,
New York...
690c. loot
Jan
625o.
Raw sugars have sold at lower prices, but the close was
steady at 4c. for centrifugals, 96-deg. test, and 3i^o. for mus
cavado, 89-deg. test. Refined sugar has declined to 5'25c. for
granulated, closing steady. Teas have been dull and easy.
The demand
8,820
95
Wanh'n, die.
Norfolk
N'poitN.,Ao
6-05o.
6-20o.
Dec
FH.
103
1900-1901.
cents for pickled
May....
July
Wed.
3,883 10,838
6,179
MobUe
8-05
Pork has had a fair sale at advancing prices, closing firm
at $14 75@$15 50 for mess; $15 75@$16 25 for family and
$14 75@$17 for short clear. Cut meats have had only a
small sale, but prices have held firm with hogs, closing at
March
Tue$.
The following shows the week's total receipts, the total since
Sept. 1, 1900, and the stock to-night, compared with last year,
DAII.T OLOSIMO PBIOBS
Sat.
Mon.
Sat.
aalveeton..
Bab. Pasa, &o.
New Orleans...
Tot. this
cover contracts.
6>^@6%
BeuiptM at—
4,739
e.728
18,775
45.869
4.739
114
114
5.171
4.200
Charleston....
5.171
4.200
6,195
677.422 265,750
33,572
48.S90 12.346
162.035 83,899
42.84S
69.673
Oonti.
nent.
15. 1901.
7«Ui.
407.621 1.355,952
22.716
27.911
510.354 1.443,536
19 680
B3j26a
44.642
105.777
1
400,802
17.777
70356
676.736
60,025
140.630
PortBoyal....
WUmlnKton...
6,384
6.8S4
90.974
Norfolk
N'port N.. 40..
400
400
2,033
9.032
151.109
a854
867.206
50.249
2.949
3,840
17,080
New York
3,865
Boston
Baltimore
8.854
572
5,095
700
700
2.703
2.763
Philadelphia..
San Fran., Ao..
Total
'
Total. 1899.00
18S.4S1!
73,347
19.633
97.193
3.423
17.357
6J844
4.460
1S8.5J5
1.76S
34.417
301
ns.4«s
7338
81.480
906.001
368.050
03.608
S.860
38.540
26.730
63.147 156.127 2,326.492 554,071 1.S32.053
4.712.62-.:
57,216 157.832 l,734.0S3 5?4,732 2,0S4,121 4.402.99
f
.
.
THE CHRONICLE.
640
In addition to above exports, our telegrams to-night also
give uo the following amounts of ootton on shipboard, not
oleared, at the ports named,
We add similar figures for
New York, which are prepared for our special use by Messrr
Lambert & Barrows, Produce Exchange Building,
ON SHIPBOARD, NOT OLBARBD FOB—
Meh. 15 atOrleanB.
«; WW;
Galveston
....
Btoek.
37,762 22,636 16,730 36,593 19,547 133,268
Charleston...
i'.odo
York....
"too
""500
2.500
8,000
7,000
Other ports
Total 1901..
3,295
3,252
1,000
Mobile
Norfolk
12,O06
800
t
t
60,488
38,280
11,300
1,000
i3',6o6
35,668 46,169
24.468 6,862
20,562 203,858
24,389 101,601
101, 159
4ft, 382
»
•
I
I
•
I
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OOO
aoo
isjO
orob
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Id
<1^
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a»i
IS
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<i«i
d:
I
I
00
I
I
Id
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0000
t»oi
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o>6i
10*'
ODOp
K-ii
Id
id
Id
'd
Id
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0000
tcco
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0000
0000
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00
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I
I
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I
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701,380
692,530
I
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o-a
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I
d
I
I
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Id
Id
OCQD
lb
W
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W
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-'-'
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Total 1900..
Total 1899.
i?;:
t
*
•
737,347
7,429 23,972
321
6,101
11,300
ww; WW;
Hw:
.^.q
9,200
10,000
7.914 7,878
13,848 14,768
'??':
i?j:
•••iiii«i III !
ii|ii ii|ii|ii iiiit •
|i
fl
• '• •• W •« (t
••
t«
••
(I
Total.
289,553
96,396
93,259
8,056
20,518
13,732
187,248
78,585
Savannah
New
'So**
•
Leaving
Great
OerOther CoastBritain Fr'nee many. For'gn wise.
[Vol. LX2.II.
Futures.— Highest, lowest and closing pricee at New York.
i
New
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.
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Speculation in cotton for future delivery has been on a
WCJl
cJy,
ccbb
WO if CO
ad)
tso If to wc WbO Mif MtO ~JO W<l 10 If too
fairly extensive scale, and during the first half of the week
d
d
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9
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d
d
II
the downward tendency to prices continued. May delivery
^a-^
<J< OOOO 0000 0000 00 00 0000 OOOO
touching 8'24o. and July 8'31c. Weak foreign advices, contint-t-t
Cl-CJ
MtO
cJiW
CJiCJ.
If
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ued selling by the South, a fairly full crop movement, liquidation by tired holders and continued aggressive selling by
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bear traders, all operated against the market and carried
w
CJicJl
to
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cj>c5<
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tso
prices down.
At the extreme decline the pressure to sell
d
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d
subsided to a considerable extent.
Advices received from
00 X
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the South indicated that weak holders had been fairly
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well shaken out by tbe break in values.
Furthermore,
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the speculative long interest was largely eliminated. Dur^5
a
oci 6-.a> •J -a do 00 tOM Wif If If If CO If CO CO to
ing the decline a fairly large short interest was created,
to
to 00
If If
If© If ka tow ©to OO© MW ©M CX)W
and with prices for futures down to an S]iQ. basis, there
d
d
«»
dd
d
d
d
d
e
d
developed fairly good buying to cover contracts; this de<|.3 0.q
OOOO
OOOO
OOOO
OOOO
OOCO
op 00
MS
If
mand, however, was stimulated largely by the estimates anCDOD
cooo
03 ta
w
WW ocoo to to wcJ" If If If «k If If coco
If
CO
Wif MM
nounced by Mr. Ellison, placing the visible and invisible
<K <l^ <l>3 OOOS OOCO ODOD OOOO OOOO ODOp
supply of cotton on March Ist at 7CO,000 bales smaller than
cJicJt
WW 0)0)
MM If M coco MCJ coco coco
the same date last year. There also were Indications that on
WO) 00 <» «qo) <IW If M ©OO OOO) 0)W too) tOM
d
d
d
9
d
d
d
d
d
the lower basis of prices, both English and Continental spinMie
«j»3
QOOO
OOOO
coop
OOOO
»a»i
OOOO
opop
<i»i
ners were freer buyers of cotton, but the demand from doW"
WW w» 0)<I
Mtb Iflf 001^ CO If MM Mif
mestic spinners continued to be reported as very moderate.
.J 00
ten-.
OC to
wto Mco eo<i oif If <» If©
Advices received from Manchester speak of a fair business
00
00
•
doing in cotton goods, there being a demand from both India
w
to
to
to
w
to
05
©
CO
<l
M
If
M
00
If
M
to
If
©
If
and China. Domestic spinners also have experienced some
d
d
d
d
d
d
d Id Id Id
d
demand from China at low figures, but general demand
00
00
OO
has been quiet; in fact. Fall River mills are reported pre<1
O)
a
CO
•a
00
CO
O)
00
to
00
w
to
If
©
CO
If
paring to curtail production. To-day there was an easier
market. Foreign advices were not considered satisfactory
The Visible bUPPLY of Cotton to-night, aa made up ny
by many, and this, coupled with a continued large interior cable and telegraph, is as follows. Foreign stocks, as well
crop movement, prompted moderate selling, under which as the afloat, are this week's returns, and consequently all
prices weakened. The close was steady at a decline of 6@10 foreign figures are brought down to Thursday evening.
points for the day. Cotton on the spot has been easier, clos- But to make the total the complete figures for to-night
ing at 8^c. for middling uplands.
(Mch. 15), we add the item of exports from the United States,
On the basis of the rates on and off middling as established Including in it the exports of Friday only.
by the Revision Committee, the prices for a few of the
1899.
1900.
1898.
1901.
I
I
'
I
I
•
'
I
I
I
I
I
I
'
oil
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
I
tJO
I
'
'
I
I
•
'
I
'
I
'
I
I
I
'
grades would be as follows:
raon Tncfc
Sat.
Gk>od Ordinary...
Low Middling....
Wed
711,
7U„
85,8
UPLANDS.
8Bi8
71I18
85l6
7i3ie
86,8
711,8
85,8
^\
8%
8%
9ll«
91,8
aiie
9ifl
9ifl
Middling
GKK>d Middling...,
Middling Fair
9»,8
988
GULF.
nton Tuee WtiA TM. Frl
Sat.
81,8
7151,,
Low Middling...
811,,
Middling
9»6
97,6
89i«
9
95,8
eood
Middling..
Middling Fair..
STAINED.
Sat.
Low Middling...
Low
irion
Middling Tinged,..
714
814
838
8>fl
716,6
716,,
89,6
9
95 6
89,6
9
96,6
714
8»4
838
715iP
89,6
9
96,8
9%
738
838
Middling
9J«
9»«
Gtood Ordinary.
Btrlot
Th. Rrl
714
814
838
89i8
9
95,8
9%
9%
9%
9%
Tnee 'Wed T1&. Frl.
714
8J4
838
714
814
838
8%
8%
8%
8%
8^
The quotations for middling upland at New York on
Mch. 15 for each of the past 32 years have been as follows.
1893. ...0. 816,8 1886.
Cllk 1877....0.1178
1901. ...0. 8%
1884
1892
1016,8 1876
1278
9'8
6%
1900
Good Middling Tinned
1899
1898
1897
1896
1895
1894
.
1891
67ie
6i«
1890
7J4
1889
71116 1888
1887
QH
7ifl
1886
91,6
117,8
IOI4
10^8
978
918
1883
1882
1881
1880
1879
1878
1875
12if,
1874
\0\
1873
133,8
1872
913,8 1871
IOI61B 1870
IOI4
16>4
16 J4
1978
.2238
15
21%
HABKET AND
SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed on
same days.
Spot Mabkbt
Olosbd.
Quiet
Dull at
Tuesday ... yulet
Wednesday Quiet
Thurs Jay hteady
Steady
Friday
Saturday
. .
Total.
Mabebt
Closed.
Salbs of Spot
^ deo.
Con-
port.
rump.
tract.
1,641
Quiet Ast'dy
Firm
Steady
OoNTBAoa.
Con-
Steady
B'rly steady.
di
Ex-
B'rly steady.
..
Monday
FUTVBBB
ibo
421
26
92
125
Total
421
1.000
100
1.026
1,833
ibo
125
200
8,200
3,400 11,600
9,941
664 4,600 15,205
stock at Liyerpool
632,000 1,787,000 1,214,000
bales. 757,000
Stock at London
6.000
10,000
3,000
4,000
Total Great Britain stock. 767,000" 635,000 1,793,000 1,218,000
Stock at Hamburg
17.000
20,000
9.000
16,000
Stock at Bremen
251,000 256.000 418,000 335,000
Stock at Amsterdam...
3,000
2,000
3,000
Stock at Rotterdam
200
200
200
300
Stock at Antwerp
4,000
3,000
12,000
7,000
Stock at Havre
148,000 237,000 294,000 285,000
Stock at Marseilles
4.000
3,000
5,000
4,000
Stock at Barcelona
58,000
82,000
75,000
76,00a
Stock at Genoa
42,000
45,000
61,000
38,000
Stock at Trieste
5,000
15,000
1,000
4,000
Total Continental stocks
528.200 646,200 903,200 761.300
Total European stocks
1,295.200 1,281,200 2,696.200 1,979.300
India cotton afloat for Europe 124,000
31.000
94,000
58,000
Amer. cotton afloat for E'rope. 373,000 493,000 263,000 651,000
Egypt, BrazU,&c.,aflt.forE'pe
41,000
32.000
49.000
65,000
Stookln Alexandria. Egypt... 177,000 185,000 258,000 249,000
Stock In Bombay, India
515,000 344.000 587.000 320,000
Stock In United States porta.. 870,615 903.238 794,131 1,058,297
Stock in U. 8. interior towns.
640,676 390,228
461,755 439,842
49,173
48,489
United States exports to-day..
16,641
41,804
Total Visible supply
4,085,664 3,710,155 5.218,727 4.752,243
OI the above, totals of American and other descriptions are as followi:
American665,000 527,000 1,667,000 1,085,000
47 2 .000 622,000 849.000 727,000
American afloat for Europe. . 3t 3,000 493.000 263.000 551,000
870,615 905,238 794,131 1,058,297
United States stock
United States Interior stocks. 640,678 390,228 461.755 439,842
48.4S9
49,173
United States exports to-day..
15.641
41,804
Total American
3,070.464 2,985,955 4,050,527 3,902,943
East Indian, Brasil, <te.~
92,000 105.000 120,000 129,000
Liverpool stock
10,000
Londonstook
3,000
6,000
4,000
56,200
24,200
Continental stocks
64,200
34,300
124.000
31,000
India afloat for Europe
94,000
58,000
41,000
32,000
Ksrypt, Brazil. Ac. afloat
49,000
55,000
Stookln Alexandria, Egypt... 177,000 185,000 258,000 249,000
615,000 344,000 587,000 320,000
Stock In Bombay, India
Total East India, &o
1,015,200 724.200 1,168,200 849,300
3,070.464 2.985.955 4.050,527 3,902,943
Total American
Total visible supply
4,085,664 3,7l0,l55 5,218,727 4,752,243
Middling Upland, Liverpool..
5d.
5iVd.
S3ed.
Siisad.
Middling Upland, New York,.
8%c.
6ieo.
6380.
9''8C.
6J4d.
Egypt Good Brown, Liverpool
7»4d.
858d.
49,«d.
7iad.
Peruv. Rough Good, Liverpool
738d.
6''8d.
e'ed.
5d.
Broach Fine, Liverpool
59, ed.
338d.
Si'sad.
Tlnnevelly Good, Liverpool...
411,8d.
3Ei6d.
STifcd.
55i8d.
Liverpool stock
Continental stocks
bales.
1^~ Continental imports past week have been 95,000 bales.
The above figures indicate an increase in 1901 of 375,509
bales as compared with same date of 1900, a loss of 1,133,063
bales from 1899 and a decline of 686,579 bales from 1898,
—
.
March
THE CHRONICLE.
16, 1901.J
At the Intekiob Towns the movement—that is the receipts
since September 1, the shipments for the
week and the stocks to-night, and the same items for the
Qorresponding period of 1899-1900 -is set out in detail below.
for the
week and
641
Quotations fob Middling Cotton at Otheb Mabkets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each dav of the week,
CLOaiNa QDOTATIOH8 POH MIDDLIMG OOTTOB OS —
Week ending
March
H
ro
15.
ttalveston...
New Orleans
S?'
- - -
§,S
Mobile
Savannah...
o
Charleston..
B
H
HodO
^
"M3
(B
Wilmington.
Norfolk
Boston
Baltimore .
• »
•
. .IS
Philadelphia
E5
:
a;
:
.
§5i
.
SS-OO;
ScoSS
Tuei.
8i3ie
8II16
813,8
888
8%
8ifl
81fl
8I>8
.
.
gj^r*:
:
:
:
8II16
838
888
8'8
8^8
9
S%
9
9
8li,ft®^ 8iii»*fl»
8 '8
Houston
H\
HH
8^
8%
Cincinnati..
9
9
9
9
888
S^a
Memphis....
8t. Lools
:
W>-'e0l&.C0C0Me00!KJO O-MMtOOOlfk *.Mk3K)
K: 0>t0t0<35«>«lf>>05«<«COMWOtC*'i(>.m0>Mtf^a'H^t5
M- co«)cx-aNito50<i'oaoo««oitoif^<itooo5 0o-jeo(yii-'
to-
5^1
§5
858
8%
S-'s
9
9ifl
8''8
8»«
8»i«'a38
S88
888
9\.
8%
8''8
889
883
888
8B,««38
838®»fl
a»8
8%
Wednet.
S^
838
858
818,8
868
S'S
Augusta
8n
o'fo'f-IO'
Mon.
Salur.
5^ o. -r
Louisville...
81118
8*8
888
1
ll!i«
811,6
&88
S'e
Thura.
Fri.
81116
81li«
1^
883
89,6
888
888
Siiie
888°
838
8i«
838
858
8U18
8%
8%
8^
8^
9
9
8%
i-ia e
888
8U,e
811,8
b''8
8''8
818x8
8»8
811,8
888
8 '3
8^8
I
50
Weather Reports by Telegraph.— Advices to ns by telegraph from the South this evening denote that there has been
H-QC 05 'O O: tS «C 00
rain in most localities during the week. Along the Atlantic
Qo'wV'O'To 05 03 Vo 00 «^I m'^ O>"c0 W b" '^ Wh-lofT;
*.5j<ICOtO«>05 0CX)--)'~lXl-'»l*>-lf>-00-£iMCOOS<^CD)-'lf>-CnO'-'<l»a
the precipitation has been light as a rule, and good progress
5ocOO^^^l-'WOJ05©Ol-'CO*><10•^0;^-OCOC;•^05l(^^cOOD©0!tO
in preparation for the next crop has apparently been made,
CO
but there are some complaints that vegetation is backward.
H'MMt-' CO
MCO'-'
coeoo5wco*'^
At points in the Gulf and Mississippi Valley sections, liowi^a©05aoo5to
05«Jlf>-Oi»3O>W>
ever, somewhat excessive rainfall would seem to have inter?
fered with work. Texas advices indicate that dry weather
K)t^
CO
M V
I-'"-'
<ll-'tOI-'
CO
to
tOWt-'tOCO'^050COi-'<II-'
has been quite general and that moisture is needed.
I^K-COH* eCtOQDM; *i>oco>-jcjo>o;o
b H'b'c;i'co"x)'t-'050o<i05ao<coaoc»:coao"~iiU
"coaiwiot-'cocobj w
Galveston, Te^jcas. We have had rain on one day during
odcoo500cooi©i^ •»! ootop-'C5i'»Opi^*-*"K'05to^O!oait^coaoit-o
•
MtO©l(^COC050W ©• O 00 X to to 10 H' 05 O M 05 to CO h- *- a C 05 CO CO
the week, the precipitation reaching six hundredths of an
incb. The thermometer has averaged 60, the highest being
70 and the lowest 50.
CO
to 1^
to
§
i.5
^, H< r^ M O to O M M to CO CO 1^ l^tOtOCOtStO COCOMtO
We have had no rain the past week. The
Abilene, Texas.
^lOOOS^-COOiOO
rfi.CHQDCOi-'it^-OCOCOtOtOf-OOI-iOH'O:—
tOOs; *
thermometer hns averaged 56 and ranged from 34 to 78.
WtO ^!DCOtO»JtOO)»Oa)QOao>-'Qi:i(k)f>.K».^OC05 0D|fcCO*k»JCOW05
Corpus Christi, Texas. Rain has fallen very lightly on
M
H'
H"
t5H>
V>
<i
a>
two days of the week, the rainfall reaching four hundredths
05 H CO M M
05 <1 05 CO
05
OitPl^nn
i^ i^ U> *k © Ol CO tO C^ C: Oi M
i^coco©coc;<o><io'oo©coo<tc*> 05*- *»co<i5x^'0_j-ccc o^oooseo
of an incb. The thermometer has ranged from 50 to 76,
cfi'ac 05b'^ w"cob a "to ;" ^ils^ w o* ^ 05 to
"co'co"*' CO i" *> 05 - I'Vib
averaging 63.
— 050»<IV>5CCO-atOa50CCCOCC*>.tOK)0<OiO'r-CD CO*
M~JC0*'O'05a©t0
CO
<kOOC;iCOCOUiai(».01h-'l-'^ti-^-v|h-*»CCQCC«OI-'C005t(f>-CD050'COOO
Palestine, Texas.— We have had rain on one day the past
week, the rainfall reaching eighty hundredths of an inch.
M
§
H"
m
to
M
Mj^
«)
o>
00
MO;
JO
p^i^i^
Average thermometer 57. highest 74, lowest 40.
u> M OO eo to ^ Ol
COe^tOCOHOQO© to
ojm; ts to hs M * 60
ro
i^'- San Antonio, Texas.— We have had only a trace of rain on
CO
©co; t5©05 05totjii-i05cj.ai^ooo«lc;>co lJkto»J05 00l|k^^^oo•^«^ «*«« 9 ©
to
to©. >4©l|k^lfk©at3©C;i|f-©Mt3a5CO COtOOOC»CO^C%OCO>4a5
s;
one day during the week. The thermometer has averaged
ea
1=* CO 63, the highest being 84 and the lowest 42.
^k-M
to
CO
oo
to
to
o
I* sH"
t«toocoeoo5M© coc;i«atiooo5to<»i^ifcc;<
o
05; MtoM
o
New Orleans, Louisiana. There has been rain on two days
03 ©b *^ OD CO Vo< ODOoloCobcC 05M ttfCD .--V ©
to
*^<i: llk'tOM © W -4
during the week, to the extent of one inch and nine hunto©: 1— l(^l(».rO00CO, COOltkCOKl-1000K)<I*.>-c*:iO'-JQOCO-JK!tOCO
to
^COtOKk|t-©00(0«'tS©©CDWeO*'OtoO'CBtO
05*0- to to M to vl CO
OO
dredths. The thermometer has averaged 63.
The above totals snow tnat tbe interior stocks nave deColumbus, Mississippi, We have had rain on two days
oreaaed during the week 22,463 bales, and are to-night 250,448 during the week, to the extent of one inch and ninety-five
bales more than at same period last year. The receipts at all hundredths. The thermometer has averaged 46, the highest
towns have been 26,860 bales more than same week last vear,
being 60 and the lowest 23,
Leland, Mississippi.— We have had rain during the week,
OvEBLAND Movement foe the Week and Since Sept. 1.—
We give below a statement showing the overland movement to the extent of two inches and forty eight hundredths. The
for the week and since Sept. 1, as made up from telegraphic thermometer lias averaged 53 4, ranging from 35 to 68.
Greenville, Mississippi. The weather is now clear and
reports Friday night.
The results for the week ending
Mch. 15 and since Sept. 1 in the last two years are as follows, cold, withiiigh winds.
Little Rock, Arkansas.
There has been rain on four days
1900-1901.
1899-1900.
during the week, to the extent of two inches and seventyMarch 16.
nine hundredths. The thermometer has averaged 52, the
Since
Since
Week. Sept. 1.
Week. Sept. 1.
highest being 70 and the lowest 35,
Helena, Arkansas. There is very little cotton left in the
Shipped—
country tributary to here. It has rained on two days of the
Via St. LoalB...„. ..
11,309 743,498 19,162 732,543
Via Cairo
849 189,817
7,141 203,993 week, heavily on one, the precipitation reaching two inches
Via Padaoah
206
10,126 and forty-six hundredths. The thermometer has averaged
5,899
Via Rook leland
600
640
52,048
12,254 52. ranging from
34 to 71.
VlaLoulsvlhe.... ...
1.691 112,363
2,786 194,891
Memphis, Tennessee. We had heavy rain on three days
VlaOlnolnnati
3,402
837 121,032
80,719
Via other routes, &o.
3,083 237,862 11,324 254,243 during the early part of the week, the precipitation reaching
two inches and twenty-six hundredths. During the latter
Total groBB overland
to
MC)-SJotOlf
OJI-'OO
tO-JMI-i
to
0«-OOMI-'0*>-40StOW6S05
CO
C C * O CH tO OC 05 05 CO
lO-
—
•
CJ>
I-"
>-'
—
>-•
tt^-
—
I
>-•
ll»
C;" Ilk
-->
1
^'-'j-'
J
Ilk fc-
c;<
•
—
(-•
;
.
:
ekt
16.
•
—
—
—
—
,
—
20,934 1,422,206 42,096 1,529,081
part planting preparations made fair progress. The thermometer has ranged from 38 to 71, averaging 53"2.
Nashville, Tennessee.
There has been rain during the
Inland, <3to., from South
week, the precipitation being one inch and twenty- three hunTotalto be deducted
12,823 487,717 16,272 383,946 dredths. Average thermometer 50, highest 68 and lowest 33.
Mobile, Alabama. Farm work has made fairly good progLeavlngtotal netoverland*.
8,111 934,489 26,824 1,145,135 ress. Corn planting is
active, and has been completed in
* Inoludlng movement by rail to Canada.
some sections. Cotton planting is expected to begin next
The foregoing shows the week's net overland movement week.
have had rain on four days during the week, the
this year has been 8,111 bales, against 25,624 bales for the precipitation reaching three inches and thirty hundredths.
week in 1900, and that for the season to date the aggregate net The thermometer has averaged 61, the highest being 74 and
overland exhibits a decrease from a year ago of 210,646 bales, the lowest 46.
Montgomery, Alabama. There has been rain on two days
1899-1900.
1900-1901.
during the week, the rainfall reaching one inch and thirty/«t Sight and Spinnen'
Since
Taktngt.
Since
seven hundredths. The thermometer has averaged 60, rangWeek. Sept. 1.
Week. Sept. 1.
ing from 35 to 79.
Selma, Alabama. There has been rain on one day of the
125,278 6,154,158 112,432 5,771.613
JBeoelptB at ports to Moh. 15
Net overland to Moh. 15
8,111 934,489 25,824 1,145,136 week, the rainfall being one inch and sixty hundredths. The
-Southern consumption to Moh. 15 29,000 795,000 31,000 823,000 thermometer has ranged from 34 to 70, averaging 55.
Augvsta, Georgia, Demand for cotton is active at present
Total marketed
162.389 7,883,647 169,256 7.739.748
'22,462 596,049 * 35,920 147,045 prices. There has been rain on two days during the week,
interior stocks in excess.....
the precipitation being ninety-six hundredths of an inch.
Came Into sight during week. 139,927
133,336
The thermometer has averaged;57, ranging from 40 to 76.
7,886,793
Total In sight Moh. 15
8,479.696
Savannaft., Georpia.—
have had rain on two days darNorth'n spinners tak'gs to Mch. 15 47,156 1,554,176 28,562 1,968,483 ing the week, the precipitation being fifty- four hundredths
' Decrease during week.
of an inch, The thermometer has averaged 59, the highest
being 72 and the lowest 36.
Movement into sight in previous years.
Sintt Sept. 1.
Charleston, South CaroZina.— There has been rain on four
1899
1898-99
hales. 142,227
bales. 9,649,940 days during the week, the rainfall reaching ninety two hun1898
9,893,116
172,741
1897-98..........
thermometer has ranged from 39 to
1897
7,695,522 dredths of an inch. The
77,804 1896-97
70, averaging 58.
1896
1896-96
71,660
6,253,836
<Deduet thipments—
Overland to N. Y., Boston, &o.
Between Interior towns........
9,683
1,169
1,971
351,217
93,715
42,785
13,087
411
2,824
235,038
71,044
77,864
—
—
We
—
—
—
We
.
THE CHRONICLK
542
Stateburg, South Carolina
— Thunder etorms on Sunday and
light rain on Wednesday resulted in a precipitation of eighty
hundredths of an inch. Conditions have been favorable to
good progress in farm work. Average thermometer 57, highest 78 and lowest 33.
Oreenuood, South Carolina. There are no indications of
an increase in cotton acreage, although fertilizer sales show
an increase of ten per cent. Preparations are pretty well advanced, but vegetation is backward. There has been rain on
one day of the past week, the precipitation reaching fortyfive hundredths of an inch.
The thermometer has averaged
—
the highest being 64, and the lowest
51,
38.
at
LX2IL
515 pounds during the same time last season. The Continental
dehvenes average 490 pounds, against 497 pounds last year,
and for the whole of Europe the deliveries average 498'9
pounds per bale, against 505-1 pounds last season.
Our
dispatch also gives the full movement for this year and last
year in bales of 500 pounds.
Oct. 1 to
March
Boies of 500
lbs.
1.
1900-1901.
I
eaeh\
Great
ContiBritatn\ nent.
000« omitted.
Spinners' stock Oct.l.
Total.
324
47,
1,543,
2,013,
2,337.
1.827,
Takings to March
1..
1899-1900.
1
\
Supply
1,590.
Consumpt'n. 21 weeks 1,356
The following statement we have also received by telegraph,
showing the height of the rivers at the points nanted
8 o'clock March 14, 1901, and March 15, 1900,
[Vol.
Qreat
Britain
ContiTotal.
nent.
525
371,
3,556,
1,979
3,927
3,283
;
1,672
1,735
1,428
2,504.
1,879.
4,239,
3,307,
63.
i
Spinners' stock Mch.l
Feet.
New Orleans
Above zero of gauge.
Above zero ot gauge.
Above zero of gauge.
Above zero of gacge.
Above zero of gauge.
Mempbis
Waehvllle
Bhreveport.
yicfeflburg
10-4
27-6
14-1
5-7
302
India Cotton Movement from all Ports.— The receipts
of cotton at Bombay and the shipments from all India ports
for the week ending Mch. 14, and for the season from Sept. 1
to Mch. 14 for three years have been as follows:
1900-1901.
Receiptt at—
Since
Weelt.
Bombay
1898-1899.
1899-1900.
Since
Week.
Sept. 1.
48,000 1,045,000
For the Week.
Sept. 1.
88,000 1,221,000
697,000
27,000
Since September
1.
Mxporti
from—
Continent.
€hreat
Britain.
Total.
Oreat
Britain.
Continent.
Total.
Bombay—
1900-01..
1899-00..
1898-99..
4,000
10,000
2,000
i',006
1,000
4,000
308,000
39,000
228,000
349,000
39.000
232,000
8,000
1,000
2,000
13,000
8,000
14,000
16,000
9,000
16,000
7,000
1,000
2,000
11,000
3,000
15.000
18,000
4,000
17,000
41,000
14,000
2,000
2,000
Calcutta—
1900-01..
1899-00..
1898-9 c»..
i'obo
i.o'oo
Madras1900-01
.
1899-00..
1898-99..
All others—
1900-01..
1899-00..
1898-99..
4,006
32,000
22,000
59,000
40,000
22,000
63,000
59,000
2,000
12,000
364,000
72,000
316,000
423,000
74,000
328,000
8,000
4,000
i'ooo
4,000
10,000
4.000
5,000
14,000
4,000
6,000
i"o<>6
Total all1900-01..
4,000
189900..
1898-99..
i'ooo
Alexandria Receipts and Shipments of Cotton. Alexandria, Egypt,
March
1900-1901.
1899-1900.
1898-1899.
110,000
4,412,000
13.
90.000
6,104,000
85.000
5,196,000
Beoelpts (oantars*)
Tills
week
Since Sept. 1
Thi$
week.
Since
IMi
Since
Sept. 1.
week.
Sept. 1.
TKiM
week.
Since
Sept. 1.
Exports (bales)—
1*0
9.000 240.000 11,000 336,000 6,000 234,000
6,000 199,000 6,000 315,000 12,000 233,000
Liverpool. . ..
To Continent t..
Total Europe
15,000 439,000) 17,000 651,000 18,000 467,00
—
Manohesteb Market. Our report received by cabl*
to-night from Manchester states that the market is quiet fo
both yarns and shirtings. The demand for the hom^e trad ©
give the prices for to-day below and leave those
is good.
tor previous weeks of this and last year for comparison.
We
1901.
1900.
8^ lb$. Shirt Cott'n
SH lb$. Shirt- OoU'n
32« Oop, ingi, common Mid a2» Oop. ings, common Mid.
Twiet.
Twitt.
to finest.
Uplds
to finest.
Upldt
d.
d.
Feb. 8 8i« 09%
" 15 d^B 0914
" 22 838 O9I4
Moh.l 86ie®9i«
" 8 8^ 99
" 15 8ii«09
d.
6
d.
8.
08
51532
6I832
5^18
514
5132
5
6i««8
5>fl1»8
5
98
4>a08
d.
789
d.
®SJ4
7'^8 -asifl
7''8
®8S8
31s
99
d.
s,
6
6
98
98
eiflOS
85i6®9l4
d.
4 98 3
6i«98
d.
5333
4>a
41^
6
7
6%
51632
6I398 7ifl 5193a
838 9914
98 l^a
European Cotton Constxmption to March 1.— By cable
4
March
bales
1.
Oct. 1 to
March
1.
Continent.
1,510,000
2,054,000
3,564,000
511
490
498-9
771,610,000 1,006,460,000 1,778,070,000
For 1899-1900.
Takings by spinners... bales
Average weight of bales.lbs
Takings in pounds
1,623,000
1,991,000
516
835,891,000
497
932,
50,
68,
68,
68,
68.
87,
87,
87,
87,
87,
137,
155,
155,
155,
155,
68,
68,
68,
68,
68,
91,
91,
91.
91,
83,
159,
159,
159,
159,
151.
Jute Butts, Bagging, &c.— The market for jute bagging
haSjbeen quiet during the past week at unchanged prices,
VIZ., 5;gc. for 1^-lb. and OJ^c. for 2-lb., standard grades.
Car-load lots of standard brands are quoted at 6i^(36i^c.,
f. o, b., according to quality.
Jute butts dull, with prices
nominal at li^@l5^c, for paper quality and \%@\\ic, for
baggmg
quality.
SHiPPiNQ «Ews.
3,614,000
505
1
989,467,000 1,825,358,000
According to the above, the average weight of the delive^ie^
in Qreat Britain is 511 pounds per bale this season, against
—
As Bhown on a previous page, the
exports of cotton from the United States the past week have
reaohed 156,127 bales. The shipments In detail, as made up
from mail and telegraphic returns, are as follows:
„
Nhw _
Total
yobk—„ Liverpool, per steamers Ouflc, 685. ..Georgian.
To
1,339.. ..Taurlc, 953...
To Hull, per steamer King Bleddyn, 40
bales.
2,977
!
To Manchester, per steamers Maskelyne, 283
Newton,
65 Sea Island
To Havre, per steamer La Champagne. 572......
To Bremen, per steamer Karlsruhe, 2,653
To Hamburg, per steamer Patricia, 1,102
To Barcelona, per steamer Leon XIII., 150
To Genoa, per steamers HoUenzollern, l,090...Llqurla,100
»BW OBLBAN8— To Liverpool— March 15-Seamer8 Dictator,
40
348
572
2,653
1,102
150
1,190
8,687; Loulsianian. 4,800; Yuoetan; 3.565
17,052
12,350
12,350
To Belfast-March 9-8teamer Glenarm Head, 1,314
1,314
To Havre-March 9- Steamer Hazelmoor, 5,353
5,353
To Dunkirk-March 8— Steamer Hermann, 3.375
3,375
To Bremen— March 11— Steamer Montcalm, 11,600
11.600
To Hamburg—March 12-steamer Phoenicia, 1.200. .March
13— Steamer Eolo, 900
2,100
To Rotterdam— March 9 -Steamers Euston, 500; Tresllian,
1,000.... March II— Steamer Derwen, 750
2,250
To Antwerp— March 9— Steamer York, 1,900
1,900
To Vera Cruz-March 15-8teamer Atlas, 925
925
Galveston— To Liverpool— March 11— Steamer Idar. 6,592
March 14— Steamer Dominic, 6,680
13,272
To Manchester- March 1 1— steamer Teodoro de Larrlnaga.
To Belfast-March 12- Steamer Ramore Head, 5,817
5.817
To Havre-March 8— Steamer Holywell, 10,219
10,219
To Bremen-March 11-Steamer Helgoland, 9.801
March 12— Steamers Alton, 2.753; Mohawk, 8,911
21,465
To Genoa— March 8— Steamer Oleta, 4,978
4,978
Mobile-To Liverpool— March 9— Steamer Huntcliflf. 4,739.... 4,739
PBN8A0OLA—To Dunkirk— March 13— Steamer Agordat, 114...
114
«KUN8WiCK—To Bremen-March 11— Steamer Alslaby, 4,471. 4,471
To Reval— March 11— Steamer Alslaby. 700
700
OHABLE8TON— To Barcelona— March 15— Steamer
.4,200 4,200
WiLMiKGTON—To Queenstown— March 14- Steamer Oaklands,
6,384
Norfolk— To Liverpool— March 9—Steamer RioJ ano, 400
BoBTOii— To Liverpool— March 6— Steamer Cestrian. 3,169
March 8— Steamers Ivernla, 2,355; Sagamore, 593
March 13—Steamer Winifredian, 2,537
Baltimore- To Hamburg— March 8- Steamer Bosnia, 500
To Rotterdam March 8— Steamer Queen Wilhelmina. 200
San Francisco-To Japan— March 7— Steamer Captic, 1,000..
Taooma— To Japan— March 9— Steamer Buckingham, 1,763...
TotaL
New York
Rotterdam
e.
e.
c.
c.
e.
e.
Antwerp..... ....e.
Ghent, v.Antw'p.c.
Reval, v.Br-Hamc.
Do T.Hull.. .6.
Do
400
8,€54
500
200
1,000
1,763
the past week have been:
Satw.
Llverpoool
6,384
156,127
Cotton freights at
Hamburg
Amsterdam
Total.
For 1900-1901.
Takings by spinners... bales
Average weight of bales.lbs
Takings in pounds
625,
also states that Mr. Ellison says that the visible
invisible supply of all kinds of cotton on March 1
was 600,000 bales less than on the corresponding date in
1900, including a deficit of 400,000 bales at American mills.
The surplus stock of American mills on March 1 he estimates
as only about 700,000 bales, against 1,100,000 bales at the same
time in 1900.
Havre
Bremen
as follows:
Breat Britain
307,
Our cable
We
and pounds have been
744.
In Pehrnary
we have Mr.
Ellison's cotton figures brought down to
give also revised totals for last year that
comparison may be made. The spinners takings in actual
to-day
510,
and
Since
WeeH.
Sept. 1.
234,
Weekly Consumption.
000» omitted.
In October
In November
In December
In January
.
Man.
TMt.
14
21
25
24
32
25
13
21
25
24
32
25
13
21
25
24
32
25
19@20
25926
19^20
25926
40
35
40
35
Wtdnes. Thurt.
13
21
25
24
32
25
19 £20
19320
25926 25926
40
35
24
32
25
20
13
21
25
24
32
25
20
13
21
25
26Ja
26ifl
40
35
40
33
40
S3
20
20
20
V. St. Pet.c.
Genoa, April
c.
24926
Trieste
«
34;»35
—
20
34®3S
20
34W3.5
34935 34935 34935
LdVEBPOOL. By cable from Liverpool we have the following statement of the week's sales, stocks, &o., at that porti
:
.
March
THE CHRONICLE.
16, 1901.1
Mch.
Feb. 22.
Mch.
1.
8.
JLfc/i.
16
Indian corn futures have been moderately active.
bales.
54.000
2,900
1,100
50,000
5,000
64,000
48,000
Of which exporters took...
Of which speculators took.
1,000
59,000
2,50C
69,000
1,000
* .
200
1,800
46,000
57,000
65,000
Sales American
3,000
6,000
4,000
Actual export
93,000
60,000
67,000
Forwarded
* 7 63,000
747,000 726,000
757,000
Total stock— Estimated
Of which American— Est'd. 654,000 641,000 672,000 665,000
50,000
107,000
68,000
64,000
Total Import of the week
47,000
90,000
46,000
59,000
Of which American
165,000 174,000 173,000 179,000
Amount afloat
139.000 146,000 140,000 138,000
Of which American . • Btook corrected by a netaddltlonof 34,342 bales, as foUowB: added.
39,624 American and 1.146 Egyptian; deducted, 2,342 Brazilian, 203
West Indian and 3,883 East Indian.
The tone of the Liverpool market for spots and futures
each dav of the week ending Mch. 15 and the dally olosing
week
.
—
.
have been as follows.
prloes of spot ootton,
Sat'day.
Spot.
Market, ) Harden'g.
p. M.^
1:45
Monday. Xueiday. Wed'day. Thund'y Friday.
Basler.
She
10,000
500
Bpeo.Aexp.
In buyers*
Harden'g.
favor.
4313a
4l6ia
12.000
1,000
12,000
1,000
Good
demand.
48I32
10,000
5I32
14,000
1,000
Mid. Upl'dB.
Bales
Esiler.
500
6
10,000
500
Future$.
Market,
Barely
Steady at Br'IyBt'dy
\
1:45 p. M.
3-64(^4-64
2-64® 3-64
\
adyance.
decline.
Market,
4 p. M.
Steady.
Weak.
5
I
Steady
Barely
steady.
at
2-64 ad-
Irregular. steady at
1-64 adv.
Steady
2-84
at
& ?.64
vance.
Steady.
Steady.
advao'je.
Quiet
The prloes of futures at Liverpool for each day are gives
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
Sat.
Mch. 9.
mon.
Tne».
Mch. 11.
Mch. 12.
Wed. Ttinrs. FrI.
Mch. 13. Mch. 14. Mch. 15.
I219 1 1:46 4 1:46 4 1:45 4 1:46 4 1:46 4
P.M. P.M. P.M. P.H. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
Early
prices were easier, due largely to fairly iree
Following
selling by speculative holders to realize profits.
the bureau report, which placed the reserves in fanrers'
hands on March 1st at 776,200,000 bushels, or only 369 per
cent of last year's crop, thejmarket turned stronger, advancing
on moderate general buying, including a demand from shorts
to cover contracts. At the advance, however, there has oeen
moderate selling induced by the better grading of the
Business in the spot market early in the week
receipts.
vcas fairly active, exporters being better buyers.
Subsequently, however, with the advance in prices the demand
The spat market
tell off. To-day there was a steady market.
was fairly active. The sales for expoi-t here and at outports
were 440,000 bushels.
in the
Bales of the
543
week
DAILT 0LO8INO PBI0E8 OF NO. 2 MIXED OORN
8at.
Mon.
Tuet.
47i«
47ia
47%
Hush com f. o. b
48is
48 U
March delivery in elev...
46'*
46
46%
May delivery in elev
45i«
•Inly delivery in elev
Sept. delivery in elev
III
Thuri.
48ifl
47%
49
49
^W.
48
49
46%
46%
4678
457,
A6^
46%
46-'8
46»8
46%
IN CHICAGO.
Wed.
Thurt.
J»H.
39''8
397q
4014
4II4
41%
\\^
463fl
46»fl
NBW YORK.
Wed.
4614
DAILT OLOBING PBIOBB OF NO. 2 MIXED COBH
Tuet.
8{U.
Mon.
39i«
39
March delivery in elev... 39%
41
41
40%
May delivery in elev
future delivery at the Western market have been
Oats for
Early in the week there was an easier market, but
quiet.
following the Bureau report, which made the reserves in
farmers' hands very moderate, there developed a stronger
tone, the loss in values being more than recovered. In the
spot market large sales of heavy white have been made by
Chicago direct for export. Locally the spot market has been
moderately active and fairly firm. Today the market held
steady.
DAILT OLOBnrO PBI0E8 OF OATS IN NEW^ YORK.
Wed. Thurt.
Mon. Tuet.
Bat.
Fii.
31
3034
30%
30%
31
31
No. 2 mixed in elev
33 14
33
88
33^
33 ^
Wo. 2 white in elev
331a
DAILT OLO8INO PBIOE8 OF NO. 2 MIXBD OATS IN CHICAGO.
Wed. Thurt.
Mon. Tuet.
Fri.
Sat
24J«
23''8
2414
2414
Marohdellvery in elev... 24
23%
2478
25
25^8
May delivery in elev
24%
24%
25%
Rye has been dull. Barley has been in limited supply and
well held.
Following are the closing quotations:
FLOUB.
Patent, winter.... *3 80 ©4 30
Fine
$2 10 02 20
Superfine
2 20 '92 30
City mills, patent.. 4 10 »4 75
2 40 92 50
Ryeflour,8uperflne 2 80 «3 50
Extra, No. 2
2 50 92 75
Extra, No. 1
Buckwheat flour.. 2 00 «2 10
2 80 93 35
Clears
Oom mealStraights
3 40 93 90
Western, etc
2 35 02 40
Patent, spring
Brandywlne
3 90 94 65
2 45 9
(Wheat flour in sacks sells at prices below those for barrels.)
.
d.
d.
d.
d.
d.
4 62 4 63 4 60 4 67 4
4 57 4
4 56 4
4 55 4
4 55 4
4 53 4
4 45 4
4 45 4
4 25 4
4 20 4
March
Moh.-Aprli.. 4 61 4 63 4 59
April- May.. 4 60 4 62 4 58
May- June... 4 60 4 61 4 58
June- July... 4 59 4 60 4 57
Juiy-Aug.... 4 57 4 59 4 55
Aug.-Bept... 4 48 4 49 4 46
8ept.,L.M.O. 4 48 4 49 4 46
Oct., G. 0.0. 4 27 4 28 4 26
Oct.-Nov.... 4 22 4 23 4 21
Nov.-Deo...
Deo. -Jan
....
....
....
55
55
54
54
63
52
44
44
23
d.
d.
d.
4 53
4 52
4 52
4 62
4 63
4 53
4 53
4 52
4 52
4 61
4 43
4 43
4 23
4 18
4 53
4 53
4 52
4 52
4 51
4
4
4
4
18 4
50
42
42
23
18
d.
4 51
4 50
4 42
4 42
4 23
4 18
416 416 416 416
d.
4 55 4 55
4 65 i65
4 55 4 55
4 55 4 55
4 54 4 54
4 53 4 53
4 45 4 46
4 45 4 46
4 25 4 25
4 21 4 21
4 19 4 19
d.
d.
4 58 4 56
4 57 4 56
4 57 4 55
4 57 4 55
4 57 4 65
4 57 4 54
4 49 4 46
4 49 4 46
4 26 4 23
4 22 4 19
4 20 4 17
....
OBAIN.
Wheat, per bush.—
BREADSTUFFS.
Friday. March 15, 1901.
The demand for wheat flour has been of moderate proportions and prices have been well maintained. Owing
some apprehension among buyers
ties of some grades of spring- wheat
to
as to the keeping qualiflour during the coming
warm
weather, winter-wheat flour has received a comparatively large propoition of the demand, and winter patents
have sold at the same prices as spring. City mills have had
a moderate sale at steady prices. Rye flour has been quiet
and without changes. Buckwheat flour has been neglected,
the season being practically over. Corn meal has sold slowly,
but prices have held steady.
Speculation in wheat for future delivery has continued
light, fluctuations have been within a narrow range, and
changes in prices unimportant. Early in the week there was
a flat market, and in the absence of speculative business and
no new developments of importance, prices showed a fractional decline. On Wednesday there developed a steadier
undertone. The report by the Agricultural Bureau placing
the reserves in farmers' hands on March 1 at 128,100.000
bushels stimulated moderate buying on Tuesday morning;
but an advance was not maintained, due to aggressive bear
selling.
On Wednesday, however, the fact that the foreign
markets did not follow the easier turn to the American markets Tuesday afternoon, brought shorts into the market as
buyers to cover their contracts, and with light offerings all
of the decline in prices was recovered. The continued light
movement of the crop in the Northwest also had its influence in favor of the market. Crop news from the winterwheat belt has been reported as generally favorable despite
the unsettled weather latterly exnerienced. Business in the
spot market has been quiet; prices have followed futures.
To-day there was a fairly active and.higher market on rather
good buying, stimulated by stronger foreign advices and a
more active epot market. The spot market was fairly active, good sales being reported for export here and at interior points.
DAILT OLOSDIO PBI0B8 OP NO. 2 BED WnTTEB TH
YORK.
8at.
Frx.
Wed. Thun.
Mon.
Tutt.
Cash wheat f. o. b
80i«
8OI3
8OS9
81 Sg
eCs
8088
March delivery in elev.. 79ifl
79ia
SQi^
79
79%
19^
NEW
May
delivery in elev
July deUvery In elev
79'8
79^8
DAILT 0LO8IHO PKICBS OF
„ ^
Mch. delivery
Sat.
In elev
Aprlldellveryin elev....
ay deUvery in elev
M
74
7i\
7558
79%
7938
7978
79'^8
7914
79
79%
79%
NO. 2 SPBINO IN CHICAGO.
lion.
Thun.
Tuet.
Wed.
74i«
7413
7378
73ifl
74B8
74^8
7i^
7i^
7563
75%
75
76^
80'8
SOSs
Com, per bush.-
o.
HardDuluth,No.l 9058992%
N'them Dul., No.l 8858390%
Red winter. No. 2 88 98214
Hard N. Y. No. 2. 80 981%
Oats— Mix'd, p. bush. S0ia933ifl
32i9»87i«
White...-.
No. 2 mixed
31 932
83i4934i«
No. 2 white.
0.
46I4948I4
4bi4»48i4
Western mixed.
No. 2 mixed
Western yellow
Western white
46%948ia
471*949
Bye, per bushwestern
State and Jersey
Barley—Western.
Feeding
56
961
9
....
53
©68
46
9....
The movement of breadstuffs to market as indicated in the
statements below is prepared by us from figures collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending March 9,
and since Aug. 1, for each of the last three years have been:
UttitU «t-
Com.
Whtat.
#lour.
hnt.
B«ri««.
Oatt.
.5IiU.196I&« BuJh.60Ibi Bu«>>.66It)> fl«lh.821bi Bufh.48Ibt B«.6flJ^-
Jhioago
Aiiwatikee
224,011
562,475
2.359.8C0
2,249,061
30.100
284,230
76,500
182.825
119.7C0
329.473
838,86*-
130.200
30,110
1,604,669
311,860
219.740
81.770
80,022
28,662
256,161
46.066
78,278
8.S20
254.763
199,500
144,677
318.070
241.400
76,400
Dalnth
tllnneapoUi.
Poltdo
)«trolt
.....
23.E90
4,400
KT«land...
lt.Loali....
'•orla
38.436
3£0,717
16,400
733.600
41.010
27.060
<aniai city.
800.460
427,000
35.400
83.760
15.930
6.150
5,060
33.000
....
46.760
6.760
ei.600|
SJXW
Tot.wk.lOOl
850,491
4,017,704
6.091,968
3,6*7,946
410,466
^amewk.'OO.
648.777
3.026.223
4.930.398
1,061.566
826,476
106.049
64.940
Sam*
176,838
4,070,246
4.376.713
3.480,633
488,011
167.877
12,229,389 165.851,407 144,063.728 112.057.118
12.714.463 153.783,460 146,176.851 100,780.604
9.840.450 213,156.909 151.2B4.6'rj 114,550.853
36,060.026
3,717.«ai
83,764.266
4.602,048
wk.'B9.
9<n««.<lui. 1.
lOOO-liMl.
.
i899-igoo
1808-1899.
SH04,7S2 8.489.038
The receipts of flour ~ and grain at the seaboard
week ended March 0, 1901, follow
ports for
the
Ruti9t* St—
York
Soiton
!*ew
Montreal,
Philadelphia
Baltimore
aiohmond
New Orleani*
Newport Newi
Norfolk
}alTeiton
Portland.
Peniaoola
M«
#<our.
6b<i.
101.606
48.104
6.^^06
64,6c6
60.720
8.199
86,607
60.660
88,822
dt.Jotan.N.B
Toul week
•ek
•
ICOO
>FA«at,
bufh.
286,200
24ti,3S-)
SOrt.OOJ
3,S9.iX10
16,000
3,6i>0
6.986
11.800
Bt*.
48,300
006
6,839
68.l'34
ST.fOO
142.6W0
20,000
6>* ."•»
85.715
1,8.S2,010
6»O.li04
8,461
i.406
96.778
S.316.8T3
3,277,675
1,114,831
564,048
64,811
82.807
10.180
Reoelpti do not taolade srraln psHlns throngb
on thro ash ttllli of ladlnx.
•orti
B«rl«t
leii.OWS
2.086
440
476.000
146,600
3-.000
87,243
45l.3t5
t58 672
414.960
274.683
84.eC6
Oatl.
6u(H.
Corn,
6u«H.
846,800
400.012
40 000
191.406
00,002
•'744
843.200
170.870
73,207
144.(00
16.094
Port Arthur
Fri.
75>4
75S9
76»8
o.
New
72.948
71,7S«
802.S03
a7&4
Oriaani for tor«l»a
:
THE CHRONICLE.
544
March
Total receipts at ports from Jan. 1 to
follows for four years:
R*e»i9t$ OT—
1901.
1900
bbla
rionr
WhMt.
(176
41.il21,(ll3
12,?25.S16
1,29S.633
187,663
"
1898.
1809.
4.S00.C78
4090,080
24,192, l.'?'^
34,Hl'3,Si;3
16,468.488
41,118,^98
^0,00«,899
333,082
10.677,211
955.0S4
1,896,660
58.416.116
72,114.781
2.52.5.987
75,376,230
but overcoatings are generally quiet.
Cloakings without
change. In woolen and worsted aress goods for fall good
orders have been placed for low and medium grade staples,
but the demand for fancies has ruled quiet.
Basiness in
flannels and blankets has been without important feature.
DoMESTio Cotton GIoods.—The exports of cotton goods
from this port for the week ending March 11 were 5,209
packages, valued at |243,361, their destination being to the
points specified in the tables below
at
11,049,476
83,478,H77
11,028.714
.bnih. 19,342
Total grain...
compare
8,663,660
3,888.319
Oors...
Oati...
Barley.
9
1,S(!2,7.S4
2,716,032
81.271.851
:
The exports from the several seaboard porta for the weeh
•ending March 9, 1901, are shown in the annexed statement:
Wheat
Mxtortifron— hu$h.
406,246
Haw York
Corn,
now,
buth.
bblt.
f8,288
20.180
24,H06
Feat,
Oat*.
bu«h.
buth.
bush
56,0 sa
8,219
120.000
94,778
460
970
447,808
2t«.«I9
Boiton.
8,461
Portland. Ma. 170,H70
687,380
PUladelphla.. 228,671
111,798 1.892,075
Baltimore
RewOrleant.. 892,000 »f?6,fl51
169,093
Norfolk
83.719
Newp'rt Newi 16.C00
377,000
Qalveiton
73,207
roosacola.
Port Arttiur.. 144,000
16.091
Bt. Jonn.N.B.
61,553
8.118
22.222
00.650
611
8,036
Total week .2,337,881 3,734,850
Same time'OO 1,112.049 2,626,616
288,6^5
225,711
897.034
522,611
Nbw Yokk
Jiarln.
btuh.
The
82,807
'21,428
w««h and Unet
Sept. 1
Mar.
to—
0.
Weit
288,685
225,744
8,287,100
8,040,810
Br.N.Am.Colo'i
Other oonntrlei
44.235
34.187
9.839
61,106
iVh*»t,
btwh.
3.834.000
week and
,
Do
— Ctrn. —
872.0C0
488,000
819,000
309,000
Philadelphia
Baltimore
New
Orleans...
Galveston
Montreal
Toronto-
1,328
689,722
50,603,658 3,734,800105,677.616
48.970.880 2,629,546 105.687,339
Uatf,
buth.
Bt*.
Bsrlet,
258.000
buth.
89,000
164.000
ieV.ooo
111,000
181.000
8l,0t0
6ut>i<.
Btdlalo
1,800,000
1.201,000
2,910,000
1,014.000
678.000
685,000
686,000
638,000
Do
Do
O«trolt
Do
122'2S5
76.000
afloat
VOledO
-
afloat
1,900,000
..
805,000
88.UUI
10,000
611,001
"b'.boc
" 1,000
9,000
429,000
608.000
1,000
29,00*0
'26.000
4 449.000
618,boo
1,000
1,0«0
2S8.'(X)0
2.50B.000
665.010
128,000
8,197,000
1,341,000
777.000
322,000
1,771.000
7.731,000
1,867,000
1,017.000
810.000
'76 001
16,989,000
8,504,000
864.000
73d,ouu
3,208,000
10,J00
15 000
28,"(>0C
1,824,000
ll-OOO
afloat
«14.uuu
18,o6c
682 000
80,000
fftWUl'mAPt. Arthur
Dulntit
ST.OOr
72,000
pSSrla
Indianapolis
On
OnLakes
On canal and river
Mississippi BlTer.
200.ono
16.000
4C8000
29.000
2,460
12,080
1,013
497
53
287
447
168
5,209
37,426
13,988
'
10,000
8,000
81,000
687
2,679
9,783
1,664
97,223
year are as follows;
86,^:c0
at
pj
^»
21,014.000
10,838,000
1,356,000
1,116,000
Total Mar. 9, 1901», 55.893,000
19,784.000
10,550,000
1 630,000
1,163,000
Total Mar. 3, IHOl*. 57,231 000
2l.OHO,000
l,061.00Ci
6,401,000
1,170,000
Total Mar, 10, 1900+ 63,1»8 000
34.033,000
10,613,000
2.605.000
1.628,000
Total Mar 11, 1899+. 29,799 OCO
42,652,000
32,415 000
12.8t;6 000
8,109,000
16C0,0O0
Total Mar. 12. 1898+.
• Includes stocks In private elevators at Milwaukee.
elevators at Milwaukee not Included.
+Stock8 In private
all wires down.
i Milwaukee and Duluth are last week's stocks
Note.— BeKinning July 1, 1899. the New Yorfc Produce BxcoanKO has chaneed
Statement by including stocks at New Orleans, Oalveston.
its Visible Supply
Ft. William and Pt. Arthur (previously omitted) and leaving out Albany
Oswego and Cincinnati, formerly included.
—
O;
«
,
2;
Si
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«:
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-1
THE DRY GOODS TRADE.
to
O03
05M
I
o
lb
M
New
York. Friday, P. M., March 15, 1901.
The dry goods trade at first hands has again been of a disappointing character, the volume of business done during
the past week failing to come up to exoectations, and the
tendency of prices still being in favor of buyers in most deLower quotations
scriptions of cotton and woolen goods.
have teen made this week in the former and further new
lines at relatively low prices have been put out in the latter.
The jobbing trade continues good, according to the reports
coming to hand, but neither the jobbing nor the manufacturing trades have thrown off their reserve in replenishing supThere does not seem to be anything in the present
plies.
situation to suggest higher prices, and they are quite willing
to await developments. Meanwhile the talk of curtailment
of production grows more pronounced. It now appears certhat the Fall River mills will shut down for at
least four weeks and some of the heavy goods mills are exIn the woolen goods division there
pected to follow suit.
has already been a considerable curtailment of output, which
from the present condition of the market is likely to be increased.
Woolen G-oods.— Additional new lines have been put
upon the market this week in both staples and fancies in
men's- wear fabrics and in these and new goods put out last
week, the bulk of the business has been done. Compared
with the standard goods for which they are practically substitutes, these fabrics are cheaper by fully 10 per cent, and the
business they are attracting is offset to some extent by cancellation of orders for the original lines. There is quite an
irregular market for fancy woolens and worsteds, few sellers
reporting a satisfactory business. Low grade mixed goods
are dull. Some kerseys have been advanced 5 to 10 per cent.
392
Importations and Tl^arelionse Wlthdraivals of Dry Goods
The importations and warehouse withdrawals of dry goods
at this port for the week ending March 14, 1901, and since
January 1, 1901, and for the corresponding periods of laat
8,000
afloat
KansasClty
934
5,189
ies.
afloat
Mlnneapol Is
at Louis
Do
'so.doo
ll,203,nor
67,000
1,047,000
MUwankett
afloat
Do
DO
189,nOP
8.000
afloat
/jkloaao
Do
16,000
106
331
44
222
493
120
The value of the New York exports for the year to date
h«8 been |1,777,694 in 1901, against $3,690,265 in 1900.
The reduction* in leading makes of bleached cottons last
week have been followed by others this week in keeping
therewith. There havealsobeensomereductioasof 5tol0per
cent in the prices of wide sheetings. The response to these
new prices has been quite moderate. Home buyers are still
taking little interest in heavy brown sheetings and drills,
their purchases being confined to small lots.
There has
been further buying for China, but not enough to support
the market, and prices are irregularly lower than a week ago.
The demand for denims has continued indifferent and has
been readily met by sellers. Ticks are dull and in favor of
buyers, and coarse colored cottons generally have been barely
steady. Cotton blankets are steadier, with more busifor fancy prints has been
ness doing.
The demand
quiet, but a fair business has been done in staples.
low grades
Standard makes are steady, but some
are irregular.
There has baen no change in ginghams.
Domets have sold well in some instances, and close steadier.
Print cloths have declined to 2J8C. for regulars without improving the demand. Wide goods are dull and barely steady.
Foreign Dry G-oods.— Light weights .in dress goods have
been in fair demand, other descriptions quiet. Silks and
ribbons are steady. Linens are quiet, but prices well maintained. Burlaps steady for light-weights but easier for heav-
afloat
Boston
466
""52
Total
161,0:42
Oorn,
680
4,452
since
bush.
buth.
bush.
81,718,658 1,684,438 52,?91,1I38
18,481,613 2,003,043 51,447,185
30,322
507,594
16,029
5»7.rt'i5
00
16,676
318,769
buth.
1,088,000
65,468
4,188
6,846
1,053
4,393
104
South America..............
Other Oountrles
55.505
166.038
Week Sine* Sept.
W*e1( Bin ee Sept,
Mar.9
Mar. 9
1. 190«.
1, 1900.
2,337.881
1,112.019
266
196
11,922
400
Central America....
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, March 9, 1901, was as follows
In *U>r* at—
Hew York
3,226
Mexico
581,316
606,620
61,782
183,b7B
Since Jan. 1.
66
30
Africa
West Indies
80,000
bush.
901,461
1,133.420
6,916,001
1,044.503
472
7(6
15,618
Indies
Total
Total 1899-1900
1,1000.
bhls.
bbiM.
829
545
8,852
A.rabla....
w^* at.
Sine* Sett,
126
32
Other Earopean
Ohlna.
India
54,611
110
flOUT,-
Dnlted Kingdom 150.158
H4,657
OonUnent.
B.*C. America. 87,oo5
Glreat Britain
91,990
destination of these exports for the
1, 1900, is as below:
We*k
1900.
1.
8B4
30,1-<1
September
Mtt9orttfor
1901.
to March 11
Week. Since Jan.
10,180
40rt,997
[Vol. LX^II.
<l
COM
I
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*
,b.cuOO
to
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— —
Mabch
—
—
—
THE CHRONICLE.
16, 1901. J
ST^m
City
/^Tis
News
^tfr^mvitm.
11, 1901.
„
545
1 and July 1 at the office of the County Treasurer. Principal will mature $3,800 yearly from ten to nineteen years
after date of issue, all bonds, however, being subject to call
after ten years.
uary
C—
Temporary LoaTi.— This county
Cliarieston County, S.
has borrowed $5,000 at 6% in anticipation of the collection of
Items.
Cincinnati, Ohio.— Bond Issue V'alid.— Oa Feb. 28 the
Superior Court sitting in General Term handed down a deci
sion reversing that made Dec. 31, 1900, by Judee Rafua B.
Smith, who restrained the city from selling the $100,000
street- improvement bonds, bids for which were to have been
opened on that day. The suit was one brought by C. M.
Fenner, a tax-payer, who claimed tbat the bonds had not
been sufficiently advertised. See Chronicle Jan. 5, 1901.
Indiana.— Legislature Ad)ourns.— The State Legislature
adjourned March
.
Oklahoma.— Legislature Adjourns.— The
^
^
State Legislature
Ohio.— Bond Sale.— On March 8 the $30,.500
Btreet-improvement bonds were awarded to the First National Bank of Chillicothe at 104*431. Following are the bids:
Ciiiilicotlie,
45^
premium.
First Nat.
Bank. Chillicothe.. .$l,a5l 50 Sea8ongood4 Mayer. Cincin
Cen. Nat. B>ink. Chillicothe...
W. J. Hayes <t Sons. Cleve...
Feder, Uolzman 4 Co.. Cincin.
a. Kleybolte & Co., 'Cincin....
.
.
950 35
022 00
b2l 00
92100
New
Premium
$Ht»6
43
Nat. B'k. Columbus
753 60
lyumprefbl Brus. Co.. Cleveland 760 80
1'. S. Brings 4 Co., CinciLnatl... 676 00
1st
Bids were also received from Denison, Prior & Co., Cleveland, and S. A. Kean, Chicago, too latu to be considered.
For description of bonds see Chronicle March 2, p. 450.
Cincinnati, Ohio Bond QZ/ering.- Proposals will be reHonth Daknta.— Legislature Adjourns.— The State Legis- ceived until 12 M. April 6 by Geo. F. Holmes, Clerk Board of
lature has adjourned.
Public Service, for $50,000 '6}^% bridge repair and reconstruc„,
„
^
Texas.— Constitutional Convention,—The Hou8e Commit- tion bonds and $50,00') 3}4'i special condemnation bonds.
tee on Constitutional Amendments has decided to report Securities are in denomination of $500, dated April 1, 1901.
favorably a resolution to submit to a vote of the people at Interest will be pa:vable semi annually at the American Exthe next general election the. question of holding a Constitu- change National Bank, New York City.
Principal will
tional Convention.
mature April 1, 1921, subject to call after April 1, 1911. A
certified check for 5% of the grGS3 amount of bonds, payable
to the Board of Public Service, must accompany bids, which
and Negotiations this must be made separately for each issue.
Proposals
Cleveland, Ohio.— Bond Sale.— On March 12 the $60,000 i%
week have been as follows :
10 year Cleveland E'evated Roadway bonds were awarded to
107 '25 —an interest
District.— fiond Offering.— On the Bank of Commerce, Cleveland, at
Aitliin (Minn.) Scliool
basis of about 3*15^, while the .$30,000 4i 10-year sewer bonds
March 2 this district, by a vote of S6 to 15, authorized the
R. L. Day & Co., New York, at 107 03— an
issuance of $35,100 4% bonds for a new school house. Pro- were awarded to
Following are the bids
interett basis of about 3 174jf,
posals for these bonds will be received until 8 p. M, March
$60,000
$30,C00
by George T. Williams, Secretary Board of Education.
25,
Roadway Bonds. Sewer Bonds.
$c4,36) oo
Securities are in denomination of $1,000, dated May 1, 1901. Bank of Commerce. Cleveland
fl4,2lH00
R. L. Day 4 Co..
York.
$32.109 00
Interest will be payable annually on May 1 at the Security Denison. Prior4 New Cleveland
63.»1« 50
Co..
31,95660
6<.«t6 00
Bank of Minnesota, Minneapolis. Principal will mature in N. W.Harris 4 Co.. Chicago
oO
W. J. Hayes & Sons. Cleveland
63.800
K1.900fc0
30 years, subject to call after 20 years. A certified check for Lamprecht Bro^. Co., Cleveland
63,222oO
31,«ll 00
adjourned on March
9, 1901,
Bond
:
3% of bid
must accompany
proposals.
Allen County, Ky. Bond Sale.— This county has sold to
Duke M. Fareon, Chicago, an ifcsue of |170,000 i% refunding
Karson, Leach 4 Co., Chicago
Seasongood & Mayer. Cincinnati
63,0SJ 00
62,932 00
31,690 00
31,46600
For description of bonds see Chronicle Feb. IG, p. 351.
Clinton (Iowa) Independent School District.— Bomi Ofbonds.
Ashtabala, Oliio.— Bond Sale.— On March2 the|35,000 410 fering — Proposals will be received until April 1 by C. D.
school-house bonds were awarded to the City Savings Bank May, District Treasurer, for $50,000 4% 5 10-year (optional)
refunding bonds. Securities are in denomination of $1,000,
of Alliance at 105*40. Following are the bids
Interest will be payable semi-annually.
City Savings Bank. Alliance. $28,350 00 New 1st Nat. B'k, Columbus. $25,075 00 dated June 1, 1901.
:
KOBCrs
N.
&
Son. Chaerin
I'alls. an, 3 id
W. Harris* Co., Chicago..
Farmers' Nat. Bank, Ashtab.
00
26,ls{6!00
26,ii75 00
& Co.. Cleve.. 2H,026 0')
Co.. Cincin .. 2«,1C0 00
Oeuison, Prior
P. S.
BrlggsA
For description
of
W. R.Todd 4 Co.. Cincinnati.
bonds see Chronicle Feb.
:
11,200 6% Main Street improvement bonds in denomination of *1,120.
6.330 5» Cliilllcothe Avenue improvement bonds in denomination of $£33.
12.600 6% Mad Hirer Street bonds in denomination of $1,250.
10,300 6% Columbus Avenue improvement bonds in denomination of $1,030.
1,660 b% Columbus Avenue improvement bonds in denomination of $105.
&
:
Black hawk Conuty, Iowa.
Bond Sale,— On March 11 the
and jail bonds and f'iO, 000 4%
court-house bonds were awarded to the First National Bank
of Chicago at a price said to be 103'88. For full description
of bonds see Chronicle Feb. 23, p. 401.
"),000 4^ eheritf's residence
—
Buffalo, N. Y. Bond Oftering. Proposals will be received
until 13 M., March 20, by F. W. M. Heerwagen, City Comptroller, for the following 3^% bonds
$70,010|63 grade-crossing'bonds, datedlMarchil, 1901, and maturing March 1,
:
March
1,
1901.
and maturinK March
1,
dated March
1,
1901,
and maturing March
1,
1901.
and maturing March
1,
March
1,
is stated that
of $25,000 for sixty
12 Krade-crossing bonds, dated Jan. 21, 1901. and maturing Jxn. 21, 1921.
nS'SiX J2 '"''"'^•*""<>**'"K bonds, dated Keb. 1. 19ul, and maturing Feb. 1. iy21.
90,000 00 water refunding bouds. dated Apr. 1. ItfOl, and maturing $4,500
yearly on April 1, from lyo2 to H>21 inclusive.
His
Interest on the;ab3veboQd3 will be at the rate of S}4^, payable semi-annually at the office of the City Comptroller or at the
Gallatin National Bank, New York City. Separate proposals
must be made for each of the above issues.
certified
check for 2% of the amount of the bonds bid for must accompany proposals.
Canyon County, Idalio.— Bond 0#ertngf.— Proposals will
be received until 12 M., April 10, 1901, by Edgar Meek, County
Clerk, for $38,000 funding bonds. Thirty bonds are in denomination of $1,000, ten of |500 each and thirty of $100 each.
Securities will bear interest (not to exceed (i%) at the lowest
rate at which bonds can be sold or exchanged for outstanding county warrants at par. Interest will be payable Jan-
A
bids received March
W. J. Hayes 4 Son, Cleve.
for the $86,000 4% bonds
1
.$94,627 00
R. Kleybolte 4 Co., Cincin... 94.4-7 00
New Ist Nat. B'k, Columbus.. 94461 00
N. W. Harris 4 Co.. Chicago... 94.1S6 00
Lamprecht Bros. Co., Cleve. 94,402 00
.
.
:
4 Co., Cleve. .$94,187 20
Mason. Lewis 4 Co.. Chicago. 93.937 80
Seasoni-'ood 4 Mayer. Cincin. n:<.4S7 6o
W. R. Todd 4 Co.. Cincinnati 93,7£7 20
Prior
Deni-'ton,
.
&
stated last week, bonds were awarded to W. J. Hayes
Sons, Cleveland.
East Pittsburg', Pa.— Bond Offerina. Proposals will be
received until 7:30 P. M., Mar. 18 by G. V, Milligan, Chairman
Finance Committee, for $55,000 4\{% street-improvement and
sewer bond.". Securities are in denomination of $500, dated
Jan. 1, 1901. Interest will be payable semi-annually at a
local batik.
Principal will mature on Jan, 1 as follows
Si, 000 yearly from 1902 to 1907; $1,500 from 1908 to 1915;
$2,000 from 1916 to 1921; $2,500 from 1922 to 1924 and in 1926;
$3,0C0 in 1925 and from 1927 to 1930, all dates being included.
certified check for $1,000 must accompany proposals.
East Randolph, N. Y.—Btmd Ofering.—Piopf sals will be
received until 1 p. M., March 22, by the Village Trustees, for
$12,000 water-works bond?. Securities are in denomination
of $480, dated Feb. 1, 1901.
Interest will be at a rate not
exceeding 4i, payable annually on Jan. 31. Principal will
mature one bond yearly on Jan. 31 from 1906 to 1930, inclusive.
The bonds will be sold to the party whose proposal is
at the lowest rate of interest.
Everett, ^as'^.-Temj^orary Loan. This city has borrowed
$25,000 until Oct 21 from the Sinking Fund Commissioners at
3'205».
Loan was made in anticipation of the collection of
—
A
1,318 04 grade-crossingibonds, dated
amount
As
Securities are all issued under authority of Section 2705,
Revised Statutes of Ohio. They are dated March 1, 1901,
and will mature one bond of each issue yearly on September
1, beginning Sep\ 1, 1902.
certified check for $100 will be
required with bids for each issue.
Biugliamton, N. Y.— Bo«d Sale.— On March 12 the $18,000
S^% registered contingent fund bonds were awarded to Lawrence Barnum
Co., New York, at 103-605— an interest
basis of about 3'121^. Following are the bids
Lawrence Barnum & Co.. N. r.103'605 W. J. Hayes 4 Sons, Cleveland. 10.3-30
Dr. Kilmer & Co.. Binghamton.li3"47
1( 2!'6
M. A. Stein. New YorK
Farson, Leach & Co.. Chicago. .103'38
102-07
Seymour Bros. & Co., N. Y
For description of bonds see Chronicle March 2, p. 450.
1,372 50 grade-crossingibonds,
this city has placed a loan in the
days at 4}4% interest.
Dayton (Ohio) School District.— Bids.— Following are the
9, p. 302.
Belief outaine, Ohio.— Bond Ojeririgr.— Proposals will be
received until 12 m., April 3, by M. J. Nichols, City Clerk,
for the following bonds
t6,3C0 5% Auburn Avenue Improvement bonds in denomination of $630.
61,885 22 grade-crossing bonds, dated
Crawfordsville, Ind.— Loan Negotiated.— It
25.960 dO
Leach & Co., Chic... 25,817 50
Lamprecht Bros. Co.. (;ieve.. 2."),600 00
Leasongood & Mayer, Cincin. 25,500 00
(•'arson.
:
A
—
taxes.
—
Bonds Proposed. At the town meetii g
be held March 12 the question of issuing $100,000 road
bonds will be considered.
Fentoa, Mich.— Bond Election.—At an election to be held
in this village the question of issuing $10,000 park bonds
will be voted upon.
Findlay, Ohio.— Bond O^mngr.— Proposals will be received until 12 M., April 11, by Frank C. Ray. City Clerk, for
$50,000 3}4% city-hall bonds. The above bonds are issued
under authority of sections 2835 to 2S38, inclusive, Revised
Statutes ot Ohio. They are in denomination of |l,000, dated
March 1, 1901. Interest will be payable semi-annually at the
Fourth National Bank, New York City. Principal will mature yearly on March 1, $2,000 in the even years and $3,000
in the odd years, the last payment being on March 1. 1921.
Purchasers will be required to pay accrued interest. Either
a deposit in money or a certified check on some bank in Findlay equal to 3^ of the par value of the bonds bid for must
Falmouth, Mass.
to
accompany proposals.
Flathead County (P.
—Proposals will
be
0. Kaiispell), Mont.— Bond Offering.
received until 2 P. il., April 3, by
— ——
—
THE CHRONICLE,
546
fVoL.
Lxxn.
August Lagoni, County Clerk, for |55,000 4^ 20 year court- a city ordinance passed Feb. 27, 1899, Bonds are dated Oct,
house bonds. Securities were authorized at the election 1, 1900. Interest will be payable April 1 and October 1 at
held Nov, 6, 1900, They are in denomination of $500, In- the Eliot National Bank, Boston, Principal will mature
terest will be payable January 1 and July 1, A New York $5,000 yearly on October 1 from 1901 to 1910, inclusive. The
draft or a check certified by a bank in Kalispell in the sum ofi&cial circular states that no bonds issued by the city have
of $2,750 must be deposited with the County Treasurer by ever been contested, and the interest on the debt has always
been promptly paid at maturity.
the successful bidder,
Franklin County, Ohio.— Bond Sale.—The highest offer
Leland, Miss.— Bond O^eringr.— This city will place on the
received on March 8 for the $120,000 bridge bonds was tdat market April 2. 1901. an issue of $10,000 6% 5-20-year (opof the Ohio National Bank and the First National Bank of tional) bonds. J. H. Collier is Mayor of the city and may
Columbus at their joint bid of 100"17 for i% bonds. Follow- be addressed on the subject.
ing are the bids
Logan County (P. 0. Kussellville), Kj.-Bonds AuthorOhio Nat. B'k, ColnmbU8.
Seasongood & Mayer, Cin... 1120.159 73 ized.— The Fiscal Court has authorized the issuance of 20.$120,203 00
Fii
F.>^ Nal: Bk! \
R. Kleybolte & Co., Cincin.. 120.100 00 year bonds to fund the county
debt.
W,
W.J, Hayes & Sons, Cleve.. 120.187 00
Long
The $20,000 levee bonds offered for sale on the same day ceived Beacb, Cal.— Bond 0/ering.— Proposals will be reuntil 4 p, M., April 1, by Will B. Julian, City Clerk,
were not awarded. For full description of bonds see Chron- for
icle Feb, 23, p, 401.
Garfield County, Colo. Bond Sale. We are advised that
this county has sold $99,300 5% bonds to Dake M. Farson,
Chicago. Principal will be due April 1, 1921, but bonds are
subject to call after April 1, 1911.
Garfield County, Wash.— Bond Sale.—Oa March 4 the
$20,000 court-house bonds were awarded to Roberts Bros.,
Spokane, at 100-375 for 4},^% bonds. For description of bonds
see Chronicle Jan. 12, p. lOO.
Grant County, Ind. Bond Ojffering.— Open bids will be
received until 2 p. m., March 28, by Elsworth Harvey, County
Treasurer, for $100,000 4>^^ bonds issued for the improvement of the Home Boulevard in Center Township. Securities
are in denomination of $500, dated May 15, 1901. Interest will
be payable semi-annually at the banking house of Winslow,
Lanier & Co., New York City. Principal will mature |2,500
on each May 15 and Nov. 15, from Nov. 15, 1901, to May 15,
—
1921, inclusive.
Ohio.—Bond Sale.— On March
the $18,000
Greenville,
4% 1 15-year (serial) street-paving bonds were awarded to Rudolph Kleybolte
Co., Cincinnati, at 103 '039— an interest
basis of about 3-56^. Following are the bids :
R. Kleybolte & Co.. Cincin... $18,617 00 Denison, Prior & Co.. Cleve.. $18,408 60
Beasongood & Mayer. Gin..., 18,490 88 W. R. Todd & Co., Cincin.... 18,401 00
Feder, Holzraan «Co., Cin... 18.47100 W. J. Hayes & Sons. Cleve.... 18.33i 00
Lamprectit Bros. Co.. Cleve.. 18.412 50 New 1st Nat. B'k, Columbus. 18.315 00
For description of bonds see Chronicle Feb. 23, p. 401. On
the same day a $5,500 5% refunding bond was sold to the
Farmers' National Bank of Greenville at 100*436. This bond
11
&
I
|
1
i
matures August 20, 1901.
Hagerstown, Md, Bond Election. An election will be
held March 25 to vote on the question of issuing $15,000
street- improvement bonds.
Hempstead, N. Y. Bond Election, An election will be
held March 19 to vote on the question of issuing $45,0C0
—
—
—
This village last fall voted in favor of issuing
$100,000 bonds for water purposes and for electric lights.
water- bonds.
$6,600 5^ 1-40-year (serial) gold wharf-repair bonds. Securities were authorized at the election held March 2 by a
vote of 261 to 26. They are in denomination of $165, dated
April 1, 1901. Interest will be payable semi-annually. Accrued interest is to be paid by purchaser,
certified check
for 5% of bid, payable to the City Treasurer, must accompanv
proposals.
A
Malone
(N.
Y.) School District.- Bond O^ering.—This
district will sell at public vendue at 10 a, m., March 22, |8,O0O
4% 1-8 year (serial) bonds. Securities were authorized at a
special school meeting held Feb. 21, 1901.
They are in denomination of $1,000, dated March 15, 1901.
Marquette, Micb.—Bond Sale.— On March 4 the Board of
Fire and Water Commissioners sold an issue of $25,000 improvement bonds. It is said that another issue of $35,000 will
be made in the near future.
Marysville, Ohio.— Bond 0#eringf,—Proposals will be received until 12 M., March 22, by Walter M, Otte, Village
Clerk, for $7,000 5% bonds issued for the purpose of encouraging manufacturing in the village. Securities are in denomination of $500, dated March 22, 1901. Interest will be
payable semi-annually and the principal will mature one
bond each six months, beginning five years after date of
issue.
Bonds were voted at the election held September 24,
and are issued under authority of Section 2709, Revised
Statutes of Ohio,
Merrill, Wis.— Bond Sale.— On March 5 an issue of $12,000 4}4% bridge bonds was sold to Denison, Prior & Co,,
Cleveland, at §104-017. Securities mature $2,000 yearly from
1904 to 1909, inclusive.
Bonds Authorized. The City Council has authorized the
issuance of $35,000 high-school bonds.
Middletown, Ohio.— Bond Sale. —The highest bids received
March 4 for the three issues of 5% street and sewer bonds
were those of Rudolph Kleybolte
Co. Cincinnati, as fol-
—
&
lows
,
:
$9,700 &% street-pa vine
bonds
at 109'099.
5,050 b% street-assessment bonds at IC9"09.
These bonds were awarded on Nov, 12 to Seymour Bros, &
417 M sev. er-assessment bonds at 101,
Co., New York City, but were never delivered, as the New
York firm raised a question as to their legality on the grounds
For full description of bonds see Chronicle Feb. 16, p, 352.
that the question of issuing these bonds should have been
Minneapolis, Slinn.— Certificate O^ering,— Proposals will
presented separately for each purpose. This view was taken be received until 2 p. m., March 20, by Chas. P. Preston, Secby the courts and the bonds declared illegal. A new election retary of the Board of Court House and City Hall Commishas been called as above to vote on the water- works proposi- sioners, for $186,000 4% certificates of indebtedness. Securities are issued under authority of an Act of the State
tion.
Highland Park, Mlcb. Bond Election. At the spring Legislature approved Feb. 15, 1901. They are in denominaelection the question of issuing water bonds will be voted tion of $1,000, dated April 1, 1901, Interest will be payable
upon.
semi- annually in New York City. Principal will mature
Iberia and St. Mary Drainage District, La,— Bond Sale,— yearly on January 1, $16,000 in 1905, $20,000 from 1908 to
On March 11 the $100,000 5% 30 -year bonds of this district 1913, inclusive, and $10,000 in 1914.
were awarded to Ernest Lagarde & Sons at 103*15. H. & B.
Missoula County, Mont, Only Part of Bonds Issued.
Beer of New Orleans, who bid 101 "3125, and S. A, Kean of We are advised that only $20,000 of the $150,000 i% refunding
Chicago, who offered par less 1}4%, were the other bidders. bonds awarded January 21 to Mason, Lewis & Co., Chicago,
Securities are in denomination of $1,000, dated April 1, 1901. were delivered, the remaining $130,000 advertised having
Principal and interest will be payable at a bank in New Or- been withdrawn from market, owing to some technicality.
leans to be agreed upon later.
The proceeds of the sale of this $20,000 bonds, together with
lola (Kan.) School District.— Bonds Fofed.—At an elec- cash on hand in the sinking fund, was used to retire the $50,tion held Feb. 26, the question of issuing $20,000'school-house 000 bonds which matured Feb, 1, 1901.
bonds was voted upon favorably.
Montreal, (Quebec- Bond O^ering,—Proposals will be reluka, Miss.- Bonds Authorized.— The Board of Mayor and ceived until 12 M,, April 25, by "W. Robb, City Treasurer,
Aldermen has authorized the issuance of $10,000 Q% 5-20 year for $300,000 4^ bonds. Securities are issued under authority
(optional) electric-light-plant bonds. These bonds will be of Section 344, Chapter 58, Laws of Quebec, 62 Vic. Interest
issued in denominations of from $100 to $500, dated April 10, will be payable May 1 and November 1 and the principal will
1901,
They will be free from taxation by the town of luka, mature May 1, 1941. Bonds will be either coupon (with inJackson County (P. 0. Jackson), Ohio.— Bond Offering,— terest payable at the offices of the Bank of Montreal in LonProposals will be received until 3 p. m,, March 27, by O P. don, or in New York, or at the office of the City Treasurer),
Schellenger, County Auditor, for $100,000 4% turnpike bonds. or they may be registered, in which case the interest will be
Proposals will also be
Securities are in denomination of $1,000, dated Marcn 27, payable at the City Hall in Montreal,
1901.
Interest will be payable semi annually at the office of received on the same day by the Bank of Montreal for
the County Treasurer. Principal will mature $20,000 yearly $1,500,000 (£308,219-3-68) 314% 40-year Consolidated Fund
on March 27, from 1922 toj 1926, inclusive. Securities are stock, issued under authority of Legislature of Quebec 62
issued under the authority of Section 4,769, Revised Statutes Vic, Chapter 58 and Section 343, These securities are dated
of Ohio, Accrued interest is to be paid by purchaser. A May 1, 1901, and are issaed chiefly for the purpose of debt
certified check for 5% of the gross amount of bonds, payable redemptions. They will be either coupon or registered bonds,
to Anderson Skinner, County Treasurer, must accompany with interest payable as above.
proposals.
Morgan County, Ind.—Bond Sale.— This county has sold
Jopiin(Mo.) School District.— Sond O^enngf,— Proposals an issue of §28,000 4^% macadam road bonds of Adams Town-
—
—
—
will be received until 3 p, m,, March 25, for the $45,000 4%
10-20-year (optional) school-house bonds, which were authorized at the election held March 5. Securities are dated May
1, 1901, and the interest will be payable at the National Bank
of the Republic, New York City. J. C. Faulkender is Secretary of the district.
Lawrence, Mass. Bond O^^'insr.- Proposals will be received until 12 M,, March 20, by Arthur A. Bailey, City
Treasurer, for $50,000 4% coupon school bonds authorized by
—
i
Meyer & Riser, Indianapolis, at 101-285. Securities
mature $700 each six months, beginning May 15, 1901.
Nampa (Idaho) Independent School District No. 37.—
ship to
—
Bond
Offering. Proposals will be received until 8:30 p, m.,
April 8, by Belle B. Kurtz, District Clerk, for $10,000 10-20year (optional) bonds. Securities are in denomination of
Interest will be at a rate not ex$1,000, dated July 1, 1901.
ceeding 5%, payable at the Chase National Bank, New York
certified Check for $500 will be required with bids.
City.
A
March
THE CHRONICLE.
16, 1901.]
C—
Paulding County, Ohio.—Bond Sale.— On Mar. 8 an issue
Qrover Hill pike bonds were awarded to Seasongood & Mayer, Cincinnati, at 104 707. Twenty-one bonds
are in denomination of $1,000 and two of $500 each, dated
March 1, 1901. Interest will be payable semiannually.
Principal will mature $3,000 yearly on March 1 from 1902 to
1908, inclusive, except in the years 1905 and 1908, when
Debenture Q^ering.— Proposals will be reNelson, B.
ceived until 13m., March 25, by the Mayor, for $100,000 5%
debentures. Securities are in denomination of |1,000, dated
April 1, 1901. Interest will be payable semi-annually at the
Bank of Montreal, Nelson. Principal will mature April 1,
1921.
The debentures were authorized at an election held
Feb. 19, 1901. J. K. Strachan is City Clerk.
New Rochelle, N. Y.—Bond O/eringr.— Proposals will be
received until 8 p. m., March 19, by the Common Council,
for 138,000 S}4% street-improvement bonds. Secnritiea are
Interest will
in denomination of |1,000, dated April 1, 1901.
be payable semi-annually and the principal will mature
cer$2,000 yearly on April 1 from 1911 to 1929, inclusive.
tified check for $1,000, payable to the City Treasurer, must
accompany proposals. Bids must be made on blanks which
may be obtained from Andrew J. Selz, City Clerk.
New York City.—Bowd O^erinflr.— Proposals will be received until 2 p. M., March 25, 1901, by Bird S. Coler, City
Comptroller, for |2,5CO,000 S}4% gold corporate stock for the
construction of the Rapid Transit RR., same to mature Nov.
Interest will be payable May 1 and Nov. 1. Either
1, 1950.
money or a certified check drawn to the order of the City
Comptroller upon one of the State or national banks of New
York City for 2% of the par value of the stock bid for must
accompany proposals. The above stock is free from all taxation in the State of New York except for State purposes.
The official notice of this bond offering ivill be found among
the advertisements elsewhere in this Department.
of 122,000 Hi
$3,500 will mature.
ProctorvIIle, Ohio.— Bond Sate.— On March 9 $4 500 fireengine and $1,500 public-building 5% bonds were awarded to
the First National Bank of Barnesville at 105-083. Following
are the bid s
A
First Nat.
31% Corporate Stock
OFTHE CITY OF NEW YORK.
Exempt from
all Taxation in the State
York, except for State Purposes.
Principal and Interest Payable in
of
(xold.
EXECUTORS. ADMIMSTRAT0R9, GUARDIANS.
AND OTHERS HOLDING TKUST FUNDS ARE
AUTUORIZKD BY SUCTION 9 OF ARTICLE t
OF CHAl'TMK 417 OK TdE LAWS oP 1897 TO
INVEST IN THIS STOCK.
SEALED PROPOSALS WILL BE RECEIVED BY
THE CO.VIPTKOLLER OF THE CITY OF NEW
YORK, at his office. No. 280 Broadway, in the
City of New York, until
Monday, the 25th day of March, 1901,
at 2 o'clock P. M., for the whole or a part of the
foUowina-described Registered Stock of the City of
New York, bearluK interest at the rate of
PER CENT per annum, to witVtJ.aUO.UOO 0«»
STOCK OF
November
1,
A
WK OWN AND OFFER
Comptroller.
THE CITY OP NEW VORK.
„„„
DEPARTMENT
Further particulars
By order
March
may
of the
Town
26th, 1901.
be obtained from the
to reject
any or
STATEofCOAHUILA,
OF MEXICO,
6%
Council.
Town
Clerk.
Trowbridge
First
ATLANTICCITY,N.J.,
GOLD BONDS.
will receive sealed pro-
posals for
S3.2,0U0
DENISON, PRIOR & CO.
DXALBMB IN
Grade
SEND FOR
Bonds.
LISTS.
Niver
BANKERS,
CHICAGO.
BOSTON,
Monadnock BnildlnK>
tiO
MUNICIPAL
RAILROAD
CORPORATION
Devonshire
131
Eadld Avenue,
ClcTcland.
GOLD COUPON CREMATORY
Choice Issues.
Street
Railiray and Gas Companies.
LIST ON APPLICATION.
T. B. POTTER,
MUNICIPAL and onKinc
denominations of 1 1,000, duted .lanuary 1. 1901,
maturlDK January 1, 1921. without option, free from
tax. with interest at 4 per cert per annum, payable
semi-annually at the Hanover National Bank. New
York City.
The City Comptroller will receive bids for these
bonds until 12 o'clock M. of Monday, March 25, 1801.
reservinK, however, the right to reject an.r or all
BONDS,
172 Washington Street,
CHICAGO,
...
INVESTMENT SECURITIES.
MUNICIPAL
} r^^Ktm^rs
RAILROAD
^
CORPORATION
in
Thelepality of these bonds has been approved by
Dillon & Hubbard, of New York, whose certificate as
to ICKality will accompany the bonds when delivered.
Blank form of propo-nal and full particulars will be
furnished on application to
City of Atlantic aty.
Department of Finance.
HESTON.
Comptroller.
IL.LJS.
LIST ON APPLICATION.
BONDS.
A. M.
8U
BONDS.
" ^ '^ ^ ^
*
BONDS
ecurltles Netting from 4M to 6 Per Cent
al^vays on band.
SEND FOR LIST.
ROBY ROBINSON,
ATLANTA «A.
bids.
8 Exchange Place, Boston.
Co.,
MASON, LEWIS & CO.
12, :fi01.
TheClty of Atlantic City
&
CHICAGO, ILL..
National Bank Baildlnv.
CORPORATION
•813^,000
OFFICE,
GOLD BONDS.
Price to yield 51^.
all
HARRY TRIPPETT,
OF FIN aNCE, COMPTROLLER'S
High
$75,000
U. 8.
ary 25th, 1901.
Sealed proposals are invited for the purchase of
all or any part of an issue of bonds to the amount of
J40,0C0, Ic denominations of $1,000 each and lo bear
interest at 8)^ per cent per annum. Bonds to bear
date of April 1st, 1901. and to become due and payable twenty years from the date of Issue; interest
payable semi annually on the first day of October
and April of each ycir. Principal and interest payable in eold at the Bank of Montclair.
No bids at less than par will be received.
Bids will be received by the Town Clerk at his
15^50.
COLER,
MARCH
INVESTMENTS.
LOANS.
office until 8 o'clock P. M.,
|
for $12,000 3%% 15-year school-building bonds. Securities
are in denomination of $1,000, dated April 15,1901. Interest will be payable semi-annually.
certified check for
$500, payable to the Treasurer of the Board of Education,
mnst accompany proposals.
Salem, SLass.— Temporary Loan.— This city has borrowed
$35,000 in anticipation of the collection of taxes from Geo.
Mixter, Boston, at 3*17^. Loan will mature Oct. 31, 1901.
Pursuant to resolutions of the Town Council of
Montclair, N. J., adopted January 28th and Febru-
to be procured at No. 2 City Hall.
S.
I
—
the Purchase of Lands and the erection
of Fire Honscs thereon in the Town of
Montclair, N. J,
A Deposit ot
PER CKNT (In money
or acertifieil checU on a National or !!iiate
Bank In the City of New York) icqulred.
tor fuller information see CITY HECOKD. Copies
BIRD
I
Proposals for the Purchase of Bonds, for
CONSTRUCTION OF RAPID TRANSIT RAILROAD.
TWO
—
For description of bonds see Chronicle Feb. 2, p. 254.
Rosedale (Kan.) School District.— Bond 0#ering.— Proposals will be received until 8 p. M., April 1, by George R.
Lloyd, Clerk Board of Education, for $10,000 refunding
bonds. Securities are in denomination of $1,000. Interest
will be payable semi-annually. Principal will mature in 15
years, bonds being, however, subject to call at any time. A
certified check for $100 must accompany proposals.
Sacred Heart (Minn.) Independent School Di8trlct No. 40.
£ond O^erinp.- Proposals will be received until 8 p. m.,
March 23, by A. J. Anderson, Ulerk Board of Education,
THREE Town Treasurer.
AND ONE HALF
CORPOKATK
THE The Council reserves the right
CITY OF NEW YORK. FOR THE bids.
payable
:
|
First Nat. Bank, Barnesville.. 8,646 00
GOLD BONDS.
OK
W. J. Hayeg A, Song. Cleve. .. .|a,090 00
Lamprecht Bros. Co.. Cleve... 6.030 00
Following are the bids
4 Co.. Cincinnati. .$3,726 00 New Ist Nat. Bk., Colnmbug.. .$3,605 OO
Denlson, Prior 4 Co.. Cleve... 3,e'<6 00 Exchange Bk., Bowl Inst Green 3,660 00
8.660 00 Mechanics' Bank, Fostoria... 8.500 00
W.J. Hayes* Sons. Cleve
p. 9. BrlejTB
TOWNofMONTCLAIR
S2,500,000 00
I
I
cinnati, at 106-428.
S40,000
Proposals for
I'rlnripal
Co., Cleve.. 6,182 00
Chronicle March 2, p. 452.
Rising Sun, Ohio.— Bond Sale.— On March 2 the $3,500 Qi
town-hall bonds were awarded to P. S. Briggs & Co., Cin-
bonds are to be issued. A certified check for 5% of the
amount of the bonds, payable to the Village Clerk, must accompany proposals for each of the above issues.
New
&
Racine, ^la.— Bond yate.— On March 11 the $150 000 4%
paving bonds were awarded to the Commercial & Savings
Bank of Racine at 1C4"43. For full description of bonds see
The amounts of the above issues may be reduced in part
by the payment of assessments in anticipation of which the
NEW
:
Bank. UarneBville. .16,305 00
Denlson, Prior
Norwood, Ohio.— .Bond Offering.—PTOTpos&ls will be received until 12 M., April 4, by W. E. Wichgar, Village
Clerk, at the office of William R. Collins, Room 505 Johnston Building, Cincinnati, for the following bonds:
13,494 23 e% l-lO-year (serial) Foraker Avenue improvement bonds.
1,707 Hi 0% 1-10-jear (serial) Myrtle Avenue Improvement bonds.
NEV^Q^OANS.
547
Blodget, Merritt
&
Co.,
BANKERS,
16
Congress Street, Boston.
15 Wall Street.
New York.
STATE, CITT & RAILROAD BONDS-
—
THE CHRONICLE.
548
Bond Sale.—On March 11 an issue of
was awarded to Denison, Prior
Sonth Bend, Ind.
$5,000 4^ general city bonds
Co., Cleveland, at 103 66.
&
Following are the bids
& Co.. Cleve... $5,183 00 Seasongood & Mayer. Clnoin.. $5,125 00
Cleve.... 6.17S 00 New Ist Nat. B'k. Columbus.... 5,125 00
& Co.. Chicaco.. 5.177 50 So. Bend Nat. Bk., So. Bend.. 5,100 00
:
Denison. Prior
I
W.J. Hayes* Sons.
Mason,
1
r^ewls
Citizens' Nat. B'k, So. Bend.. 5,155 00
i
Lamprecht Bros. Co.. Cleve...
I
6,079 00
Stoneham, Mass.— Bond Offering.— PTOi>osa.]s will be received until 9am., March 26, by F. E. Nickerson, Town
Treasurer, for |52,000 SJ^sS coupon school bonds. Securities
are in denomination of |1, 000, dated April 1, 1901; interest
will be payable April 1 and October 1 at the National Bank
of the Republic, Boston. Principal will mature yearly on
April 1 as follows
$3,000 from 1903 to 1918, inclusive, and
$1,000 in 1919. These bonds are part of the issue of $60,000
authorized by Chapter 67 of the Acts of Massachusetts General Court of 1901, and by a vote of the town passed March
:
6, 1901.
Suffolk, \a.—Bond Offering.— ProjiosalB for the $15,000
4 per cent sewer bonds, recently authorized by the State
Legislature, will be received until April 1, 1901. They
are in denomination of $500, and carry semi-annual interest,
payable January 1 and July 1, at the office of the Town
Treasurer. Principal will mature in thirty years.
Sycamore, Ohio.— Bond Offering.— Provosals will be received until 6 p. M., April 2, 1901, for $6,000 5% bonds issued
for the purpose of maintaining and operating the waterworks plant. Securities weie voted at the election held
Feb. 11, 1901. Interest will be payable at Sycamore. Principal will mature one bond of $5C0 yearly on September 1
from 1902 to 1913, inclusive.
—
—
:
Vincennes Township, Enox County, Ind.—Bond
Offering.
Proposals will be received until 12 m. April 2, by Frank
Horsting, Trustee of the Township, for §10,000 5i bonds
issued by order of the Advisory Board of the Township for
the purpose of paying the indebtedness of said township,
which debt was created prior to the passage of the township
reform Act approved Feb. 27, 1899. Securities are in denomination of $500, dated April 2, 1901; interest will be payable semi-annually at the Hanover National Bank. New
York City. Principal will mature $2,000 yearly on Feb. 1,
from 1902 to 1906, inclusive.
certified check for $300
must accompany each bid. The official circular states that
,
A
[Vol. LXXII.
the total indebtedness of this county on
March
12, 1901,
was
$15,640 60.
Virginia.— Tenrfer of Bonds Solicited.—Tendeis will be
received by the Commissioners of the Sinking Fund until 3
p. M., March 19, for the sale to them of not more than
$100,000 bonds of the State of Virginia, issued under an Act
of Feb. 14, 1883. known as "Riddleberger" bonds, or under
an Act of Feb. 20, 1892, known as "Century" bonds.
Thief River Falls, Minn.- Bond SaZe.— On March 6 the
$7,500 5^ 15 year electric light-plant bonds were awarded to
J. D. Cleghorn
Co., Minneapolis, at 105*41. Following
are the bids
J. D. Cleghorn & Co.. Minn.... $7,905 75 Skandla State Bank, Thief
Wm.C. Thompson. Chicago... 7.875 00
Kiver Falls
$7.775 75
DukeM. Parson, Chicago
7,8e7 00 S. A. Kean. Chicago
7,75«00
Minn. L'n& Tr.Co., Mlnn'Us. 7,824 75 Stoddard, Nye & Co.. Minn'lls. 7.576 00
Kane & Co., Minneapolis
7,510 00
bid of par for 4}4<i bonds was also made by the Skandla
State Bank of Thief River Falls,
Two Rivers, Wis.— Bonrfs Voted and Sold.— At the election held March 6 the proposition to issue $20,000
water
and light bonds carried by a vote of 464 to 15. These bonds,
we are advised, have been disposed of by the City Council to
local parties. They are in denomination of $500, dated Julv 1,
&
i
'
I
I
A
H
1901. Interest will be payable February 1 and August 1.
Principal will mature yearly on February 1, $1,500 from 1912
to 1920, inclusive, and $6,500 on Feb. 1, 1921.
West New York, N. J.— Bonds Awarded.— The $55,500 i%
sewer bonds advertised for sale on March 4 were awarded
on March 11 to M. A. Stein, New York City, at 104-58, he
being the highest bidder.
full list of the bids received
was given in the Chronicle last week.
Wildwood (N. J.) School District.— Bond Election.— It is
stated that an election will be held March 19 to vote on the
question of issuing $7,000 school-house bonds.
Winlhrop, Mass.— Loan Authorized.— At a recent town
meeting the Treasurer was authorized to borrow $50,000 in
anticipation of the collection of taxes.
Wythe County, Va. Bond Sale Postponed.— Wq are advised that the sale of the $40,000 A.% 1-8 year (serial) courthouse bonds advertised to take place on March 11 has been
postponed until March 22. These bonds were described in
the Chronicle last week on page 502.
A
_jyM^CELL>a^
mVESTMEjS^^
MISCELLANEOUS.
N. W. HARRIS & CO., LONDON AND PARIS Geo. D. Cook Company,
BANKERS.
EXCHANGE, Ld.,
INVESTMENT SECURITIES.
New York.
Chicago,
Boston.
<n Bond* 0}
Railroad, Street Rail-
Deal
Issue Travelers'
Letters of Credit
Light
Companie$'
Government and JtfunicipalBonda Bought
and Sold.
Quotations furnished for purchase, sale or exchange
St.,
HEAD OFFICE
way, Oas and Electric
AVAILABLE IN ALL
PAETS OF THE WORLD.
31 Nassau
Bankers and Excliange Agents.
New York.
''^''''^^L^J^ZT"'^
Building)
Cable address:— SABA.
Perry, Coffin
&
Burr,
INVESTMENT BONDS.
24 Throgmorion
is prepared to entertain
proposals for introducins South African
and Rhodesian shares in America.
Only first-class propositions.
New York
Lists sent
SAVINGS BANKS and TRUST FUNDS
BONDS A SPECIALTY.
JONES &
PHILA.,
-
-
W.
AND
Public
E. H.
Service
Oornoration
BONDS.
ROLLINS & SONS,
BOSTOIV.
San Francisco.
Denrer,
MUNICIPAL BONDS.
Securities Netting from S}4 to G%
ALWAYS ON HAND.
Seud for our Investment Circular.
DUKE
FARSON,
M.
^^
Municipal Bonds.
Banker,
Dearborn Street.
CHICAGO.
SOUTHERN AND WESTERN
SECURITIES.
D. H.
LIVERMORE,
SUCCESSOR TO
ROSENBEKGER
31
<&;
NASSAU STREET,
LIVERMORE
-
NEW YORK
A.R.Macfarlane&Co.
BANKERS AND BROKERS,
HAYES & SONS,
J.
Barstow BrothersYEARS
Atlantic Mutual Insurance Co. Scrip
BOUGHT AND SOLD.
50 Wall Street.
MINN.
[Members American Bankers'
on application.
CO.,
NASSAU STRHBT.
112 SO. FOURTH ST.
1
DULUTH.
Bond*
111 rongress Street, Boston.
Ciiamber of Commerce Bids.,
Cleveland, OIilo.
AliL
MUNICIPAL
52 Broadway.
3 to S}4 Per Cent.
FOR
-
Office.
Hunicipal and Corporation
To net the Investor
Investment Securities
EDW. 0.
NBW YORK.
BOSTON.
CHICAGO.
London, E. C.
The excbanite
b%
60 State Street,
St.,
238-240 La Salle Street,
I
Ass'n.j
DEAI.KR8 rv
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
MUNICIPAL BONDS.
Stanwood &
E. C.
Act as agents for non-resident property ovmers and
investors.
F.R.FULTON &CO.,
Municipal Bonds,
171
la salle street.
CHICAGO.
Fred.
H. Smith,
STOCK BROKER, 8 BROAD
ST., N. Y.
Member N. Y. Con. Stock Exchange.
STOCKS, BONDS, GRAIN.
Bought, sold and carried upon moderate margin
COMMISSION 1-16TH.
Book of Railway
Tel. 2385 Cort.
Statistics
upon Application.
Kstabllshed 1868
121
Co..
BANKERS,
Devonshire Street.^
BOSTON.
N. Brown & Co.,
BANKERS,
CEDAR STREET, NEW YORK.
James
No. et
Dealers in Covernment, Municipal, Rail*
road and Corporation Bonds.
INTEREST ALLOWED ON DEPOSITS.
Orders executed on N. Y Stock Exchanse.
Bonds and Inyestment Securities
TO NET FROM
3
TO
6%.
CORRESPONDENCE INVITED.
CO.,
B.
POWELL &
HARRY
WOODSTOCK, VERMONT.
@FedFRASER