Full text of Commercial and Financial Chronicle : March 18, 1899, Vol. 68, No. 1760

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/Ofinaitrial
w ro n trie
Quotation S u p p le m e n t (Monthly)

Street K ailw aijSupplem ent (semiAnnuaii^

In v e s to r s S u p p le m e n t (Quarts)

State and City S u p p le m e n t (semiAnnuaii^

[Entered according to Act of Congress, in the year 1899, by the W illiam B. D ina Com past , in the office of the Librarian of Congress.]

‘ 1. 68

SATURDAY, MARCH 18, 1899.

NO. 1760.
W uk

3p ic C l i u o m c l e .

*tiding

Ma r c h 11.

1S9W
$8(9
1897
1810
P
PUBLISHED W EE KLY.
9
*
+ e «-i
1,801,*70.397 7 * . s a « i a
♦35.*OM3<
5 is .* s n s a 7
93.u63.675
0 6 1 la.Muc
+ 44 X
P h iladelphia. . . . . . .
66,450.79 0
29.eftM5.3M
17,04 4,5 ■!
COL
13.0BI.SS9
I2.I2 i.ls.S
F or One Y e a r ....... .......... .......................... ................................... $10 00
31,0102581
10.43? 6 t
+ 8+7
B a ltim ore.................
i:i.49»,s99
H .S 08J40
F or S ix M onths— ............. ....................................................... .
6 00
4,013.061
* 30+177
3,SS2.»S2
3.940J5O
Buffalo ...................
European S ubscription (tnoliidlng p o sta g e )........ . .
12 0 0
2,394.675
1 208.098
i+ e e .is u ,
i ,» T S ? - i
+91 7
1 .6ft ,o ;t
2,0 13,65ft
+58*1
European Subscription Six M onths (Including p o sta g e!___
7 00
l.G 2 .2 t r
l.iB 9 .IS »
1,00
i,7
7
6
1.030,
-.0]
781,471
919 8*e
—«■*
Annual Subscription In London (including p osta g e)............ 4 2 10s.
743,03i
V8K.IX7
+28-0
SSl.lflA
461.931
Six Mos.
do.
do.
do.
___ 4 1 10s.
660 8+7
818 010
+94.7
W ilm ington, ........
488.872
704,197
A bove subscription includ es—
aad,ioo
388.200
+ *<
821.000
309,700
B ingham ton.............
T h e Q u o t a t io n S u p p l e m e n t
I s t r e e t R a il w a t S upplem ent
+ 0 2 7 ftS2.S07.97e 011,1*8,543
T o ta l M id dle. ... 1.369.007.799 SU.400.UO
T h e I n v estors' su p p l e m e n t
I St a t e a n d C v r r s u p p l e m e n t
IS 7.670.038 101,230.191
81.970,502
+•20-0
70.285,071
6.0??,'X>Q
*. Si 9,10*
+23 fi
4,026,(01
4,210.000
2 45*.270
+17 *
2,882,06*
*.518,02<
2.822.712
+«7tUM2
1,49.1,069
+ 12 i
M 11S 2 6
1 401,241
T r a n s ie n t m a t t e r .. ............
2 0 I T h r e e M on th s (1 3 t im e s ). .8 2 9 0 0
1-743 l< «
+% $t
L4.iS.iM
1,1* 1,877
1.317,16*
STANDINO BUSINESS CARDS.
s ix M onths
(26 •• ) . . 50 00 d p r ln a fte ld ...------+ 10 9
1.605,982
1,967,021
1 202,005
1.811,824
l,*57 3-i|
T w o Months
(8 tim e*).. 22 00 |T w elve M onths (52 •• ) . . 87 00
1.445.769
+0-i
l.*S0,87t
1.1S4.440
217.913
H*7JtQi
831,02 J
- 3 ‘i
s e o /e o
Fall R W a r .......... .
733,010
bfV .O iV
+ 2* «
*98.222
620.96+
4*0.061
*87.00
8S0.««9
—70*9
New B e d fo r d ..........
301,018
Msssra. E d w a r d s A S m it h , 1 D r a p e r s ' G a rd e n s, E. C-, w ill ta k e s u b 141.812,181
+2*0
44.808 735
U 0.xxl.587
T »tal $ 6 w B u tf...
08.880,037
ie rtp tlo n s a n d a d v e rtise m e n ts , a n d s u p p ly s in g le co p ie s o f th e p a p e r
00.407,51*
+37*7
74,1-8,AS«
86,848.699
t
m
i
M
S
o
a t I s. e a ch .
l l tdU0,5ft
+ 23 5
14.2-3.MOO
1'.444,04?
12,* *6,160
0 611.001
+ 10 7
5 (0 4 ,7 i‘
7.eOl,16l
0.010,303
W I L L I H I B . D 1 \ A O O H P A .V T , P u b l i s h e r s ,
0303.39i
+32*9
U.U9.7NI
f.,020 28'
5.319.704
P i n e s tr e e t. C o r n e r o f P e a r l s tr e e t,
4,370
0
‘0
3.767
1
JO
3
6,*11.W£
+
22
v
*+00,804
M ilw aukee................
3.932.40*1
3.S41.60?
+9*5
4.201,00.*
3.408,800P o r t O p p io e B o x 9 5 8 .
VKAY Y O R K .
1.737.fl»5
2,-i7J+Ui
-2 1
2.168,728
+3 «
IJtJ4.B#S
l/»< 1.967
1 9.M1 371
2 £03,316
i,o:ft,7u4
—40**1
2.708. U l
1.053,174
2,008,7 «8
73**000
I.WW.3U
+ 1. a
8 *6.392
801.174
*10,6+9
+ 11*2
007.003
6*4 »3S
030.737
2'O.Vlt
819.17,
203.100
+4**1
379.943
Tne follow ing table, made up by telegraph, etc., Indicated You nm rtow o............
+ 21*3
400 OOJ
497 01>
—9*8
3vd,.tf0
3.7,709
that the total bank clearings o f all the clearing houses of
360.7OJ
337,77*
f+ V
Aftej.iOO
24' 000
3*4
9*8,810
+ I2 ’h
the United States for the week ending to-day, March 18,
312 UflA
210 231
3fti.4f0
£4+873+0 8
3*2.22/
27 4,159
•44,493
331 000
have been $1,853,133,051, against $1,831,401,653 last week and
+
1
8
0
171.910
1S3.606
i 1*1.177
166 311
+0J*3
13..123
103.831
140 116
• .-0.457
$1,336,281,8)4 the corresponding week of last year.
316,000
170,273
xOO.tXX)
—1*5
281.47 7
B ay C ity ...................
+:*>•
184 801.155 111,759 65
112.410,330 127.4*3 536
T o t, M id. W «* t'n
1‘*,049*004
+ 10 2
Clearing *.
____ ______ W««* B n d tn t March IS.
10.330.*M>
13,09 *,64 4
15.541.51?
1,73* ,3 )3
+M*?
1.674.5*:!
l .l u l 93*
1.445,291
fU tu rn *
TeU^rapS,
Sail Lake C ity.........
Per Cent,
+ 10 8
l.06Q>|0
1.05+1 r ?
s ’
•
i,0*,f 68
+4 3
1.09H.6*0
1.4*3. *7*
1.800.115
4x5,000
l. MO.OuO
4r 2,07 0
+30 .
1,077.09*
439.710
879. HO
W A 50
v ft*»,907
—81*8
357,170
7 * « ftrftl
400 530
+3C 7
S 9 j,« 7
* 60,COO
s m e lt
604.895
-31*6
106,109
185.4U
334.164
+
19-)
40.3^d
128.7*7
80 217
S iou x K ail*..............
+
9
9
26,135.7*4
14,448,994
20,170,553
87.08*3»V
T o ta l P a cific ........
-0 0
U .505,983
9.923.!j03
10 846, UJ7
0.278 264
+20 7
6.014,015
8+76.722
0.097,091
0 .0 3 4 /3 9
—2* 0
* .'0 5 12;
3,011,4 lO
4_2*5.7i#0
4,499,900
+ 19 0
2,474.670
4,224.218
3 /3 1 .1 4 7
3.700.028
hh , P a « i ....... .
—8 6
3A43.972
3.90+33»
2,481 S*)l
2.700.708
+
6
8
3
1.50/.7*®
1.*17,413
2y6*H),O-_0
1,262.000
841.115
l.<03 797
1 070 4 U
H0S.C2X
+w »
+91
637.60*
771 fli»
1 700.000
84+045
D a r e u p o r t ............
+29*0
0d7
W
rfft
6
2
5
/8
502.7001.0ft .2-6
+14*¥
193,138
319.674
203.800
278.046
t
$\
+46 1
334.120
404.82*
3*5.422
714,401
+3t
470,1 IH
4 ■>1,346
430,254
480,201
w ie k fU .....................
+
3
3
*
I M 763
70,258
18 1,016
76,085
T ie full details of clearings for the week oovered by the
+13*2
05.591
i n 07o
14U /0.
70.185
H a ttin g # ...................
above statement will be given next Saturday. We cannot,
+ B -.
s v .is s v ix
S9,o;«.oo8
31,750.034
39,178,67a
T o t. o th e r W ent,,
+
9
9
*
i.381.523
21.6*0 10
Si 947.800
83,820,26$
o f course, furnish them to-day, bank olearings being made
-1 8 1
9,420 950
10.170,2*7
0.202,3*0
9,663,666
+0 4
6,202,439
7.4 46,072
6.607,403
7,**«,782
■P by the various clearing houses at noon on Saturday, and
♦
8
t
2,4*1/60
9,g 3 f. 44 6
2
100
3,130 tiO
+u ?
3 /9 3 .1 6 0
2.8 i 0,06
*,6*3.067
j.uoa.baa
henoe in the above the last twenty-four hours o f the week
—19 3
1 9V2.370
9 882.7-6
1.737.260
1,v2i9O0
+ 13-5
2 3 8 '.©IS
h a »e to be in all oases estimated, as we go to press Friday night.
2,3*7,120
2 206.161
2 0C0 217
1
0
0
1,683 2-40
2.087.000
2.590,182
2.125.829
We present below our usual detailed figures for the pre­
1.821,233
1,308,020
1 J »1 101
1,515,000
+ 0+
+ 0-8
l .n i a / 3
1,10 e.^03
1,000.3001 248,78*
aehrU le..................
vious week, covering the returns for the period ending with N
+ W 1
1,008.721
N orfolk ...............
1 040.477
856 °*+
+ 7*4
778.06 1
6 1 1 /8 5
065,032
010.100
Saturday noon, March 11, and the results for the corres­
+ 31'9
304.348
♦31.402
406,702
5 .9 0 * )
570.403
+18 3
537.801
722 32«
863 978
ponding week in 1898, 1897 and 1896 are also given. In Fort W o r th ..............
+
I8-1
382
580
430.085
476 % VJ
60( »34
+ 1 lj
528 OJO
6*0 000
63 i 000
comparison with the preceding week there Is a decrease In
-2 i 6
304 9441
*85,141
200.870*
301.347
233,729
—
to
*
330,320
2
7 * /5 5
•&**+:<»,
the aggregate exchanges of two hundred and eighty seven
227,717
327. IL7
270,2<J» —10 f5
9*5,3ft i
J a c k s o n v ille .. . . ___
+
3
6
66,8
T0,02 4
million dollars, of which one hundred and ninety mil57.4 0 793
"05TtiOJ.8io
04,965,94
T o ta l S o t t t h e m ...
+49^
8J3.127.852 939A77 1*6
T otal a ll.............. 1,834,481,053 U J 8 401 ««*
C U a r in g t

at—

#

1899.

Terms of Subscription—Payable In Advance:

Terms of Advertising—(Per Inch Space.)
London Agents:

OLE A RING HOUSE RETURNS.

fry
18d9.
Haw York.................... *1.00#.«58.781
Sooton. — -------- -------104,789.132
Philadelphia......... ....... .
73,383,149
Baltimore....................
39.7*8.313
Ohio*go.......................
109.334.397
st. Lorn*...... .............. .
37,002,138
Msw OrisAtts........... .....
7,1*3.904
8«reocltie#, ftday*---- .. *1.349,139,134
oibsr oiUss, 5d*y».... ..... .
173,989.971
Total all ciUae, 5dara.... •1.53*2.119,105
11 dUea, 1day........ ....
33l.0lS.946
Total all eitlaeto week..
»53.1SS.0ftl

ISOS.
*883,499.033
83,104,437
50.150,414
13.312,739
93,401,404
24.158,589
3.473.247
3938,362.232
149.1*7,38*
*1,087.409.495
108.774.899
•1,3402*4.394

+51 8
+331
+370
XI23 ft
+279
+11*8
-15*8
+44*8
+149
+40"9
+015
*-44-1

Hons Is at New York. Contrasted with the week of 1898
the total for the whole country shows an increase o f 49'3
per cent. Compared with the week o f 1897 the current
returns record a gain of 105'4 per cent, and the excess over
1896 Is 95'2 per cent. Outside o f JTew York the increase
over 1898 is 27-4 per cent. The excess over 1897 reaches .59-1
per cent, and making comparison with 1896 the gain is seen
to be 50-5 car cent

O utside & . Y ork.

Toronto .............. .

W innipeg_______ . ..
H a li f a x ......... ......... .

St, J o h n .....................

T otal

min

Not in clu d e d

032 683.40c
17.3*8 611
10 277 317
1,803,787
1.318.038
7*52.0491
581.578
6*0.0*7
40® s**?|
38.0 2 lOO

la t o t a l* .

■498,884,995

+274

897.683.123

420.82d.48b

14,008.894
0,053,041
1,420 70.*
1.147,70 +
0 7.575
637,901

+170
+13 6
+38.1

0 017,022
0108.890
8* 9,798
1.070 5 7
682 018
589.666

0 .2 0 3 /6 0
0 330,404
1 OlL.OOl
H16.340
608.340

37,637 9ft *

Lift O

18,2/ 6 + 1 1

1 « flW fip _

_

+ i2 6
+8*2
—

494

THE CHRONICLE.
THE F IN A N C I A L SITUATION.

Tho money market has continued to be the prom­
inent feature of influence in Wall Streot circles the
past week. Rates of interest have further advanced,
but this advance is apparently in considerable part
temporary, and due to the payment into the subTreasury on last Friday of one half of $11,799,057
(the first payment to the Government on account of
the Central Pacific settlement), and to the disturb­
ance to loans caused by preparations making to pay
for the Chicago & Alton purchase. Other matters
have also in some slight measure probably helped
to lessen transactions on the stock market. Indeed,
this is a period of the year, and the present season
has been no exception, when the crop situation gets
to be an important feature, and when the doubts
that always hang about the winter-wheat prospects on
the opening of spring are most talked ab'out and the
unfavorable reports are discounted and often exag­
gerated. Affairs in the Philippines too, although
making favorable progress, have been a matter of
more or less con cern ; at least so long as fighting
continues large expenditures will be inevitable, the
dimensions of the work we have undertaken will gen­
erally be over-estimated, and the question of a stable
government for those islands must remain an unsolved
problem. At the same time the lively movement
started by the Sugar stock on Thursday of this week
illustrates the real situation of the market—that be­
hind this lessened activity there is a suppressed con­
fidence and strength which will assert itself on every
occasion, however slight.
Perhaps likewise with some the February foreign
trade statement has been looked upon as a discour­
aging feature. It has certainly been widely miscon­
strued. The statement was issued on Tuesday by Mr.
Austin of the Bureau of Statistics, and showed a
favorable merchandise balance of $33,624,117. That
is a large surplus, the largest of any February in our
record except in 1898 ; the only other year when the
same month's result approximated the current year’ s
figures was in 1878, twenty-one years ago, the total
then being $33,526,466. But notwithstanding that
large favorable balance, the fact that last year’ s was
$41,842,804, or $8,218,687 larger than last month’s,
and that this loss was the product of an in­
crease in 1899 compared with 1898 in imports
and a decrease in exports have been dwelt upon
as highly important, because, as claimed, marking
a critical change in the character of these exhibits.
A few words of explanation will show how
little significance there is in either of these events.
The exports, to be sure, arc smaller, but considering
the month is February they ate, as we have seen,
very large, and are only $1,033,304 smaller than in the
phenomenal year of 1898. There is, too, a feature con­
nected with that decrease which is especially favor­
able. It seems that the loss in exports of the single
item of raw cotton was $1,434,704 and that the aggre­
gate loss in the exports of breadstuffs, provisions,
cotton and petroleum was $6,019,642. These changes,
consequently, taken in connection with the fact that
the total loss in exports last month was only
about one million dollars, are proof that exports
of manufactures in February 1899 must have been
considerably larger than in February 1898. There
wag, too, a special reason why the exports of cotton

[V ol. LXV 111

should fall off; we refer to the situation the Govern­
ment statement discloses that the exports of that
staple for the eight months ending with February
1899 have been 466,808 bales more than in the same
eight months ending with February 1898, and hence
Europe had to a greater extent anticipated its wants
this year than it had at the same time last year;
moreover prices of cotton had recently advanced
until they were higher than a year ago, a change
which, under the circumstances, also tended for the
time being to induce English and Continental spin­
ners to draw on their own holdings and on the largely
increased European stocks, and not purchase so freely
here.
As to the imports, the fact that they were in Feb­
ruary 1899 $7,185,000 in excess of February 1898 indi­
cates no greater difference than should have been
expected. The January 1899 imports were also
$7,403,000 in excess of January 1898. Indeed, ever
since general business began to show a marked im­
provement, the monthly return of imports has been
larger than last year’s corresponding totals. The
only conclusion to be drawn from that condition is
that as the capacity for the consumption of domestic
productions developed, the demand for foreign goods
very naturally showed a corresponding growth. No
doubt there will be a further small increase
in March. The expansion thus far has been
quite regular; in November 1898 the total imports
were $52,109,000, in December they were $55,120,000,
in January 1899 they were $58,472,000,in February (28
days) they were $58,240,000, and in March they will
probably be over $60,000,000. After March it would
not surprise us if the movement should decline again;
at least it is usual after the spring trade has been
supplied, and the goods ordered in anticipation of that
demand have come forward, for a short suspension of
the extreme activity to intervene before the en­
larged summer arrivals for the fall trade begin.
We have referred above to the effect on the money
market of the preparations for and the disbursements
made on account of the Chicago & Alton purchase
this week. About $24,000,000 was collected in the
United States Trust Company as preliminary to this
operation. It was suggested that as about half of the
amount was due to out-of-town sellers of the stock,
who were residents of New England and the West,
the withdrawal of that portion of the money for a
time from this center would lead to severe tension.
High rates have prevailed in the call loan department
of the market, 6 per cent having been reached on
Thursday.
That spasm though was we think a
natural and necessary effect of so large an undertaking
added to in some measure by a fear of stringency
which the suggestion cited induced, Jratherjthan by any
actual withdrawal, a course which does not seem at
all likely. Owners of that stock are not of the kind
of capitalists that transfer their funds from a center
where they are most available for use or carry them
into the country for safe-keeping.
The money
paid them would take the natural course of such
transactions and remain in the city until a re-invest­
ment could be found and effected here or elsewhere.
That cannot but be a slow affair, and will be done
singly and so irregularly as to time as to have no in­
fluence on the market after the close of the week. A
less ephemeral influence in its action on the rates of
interest is the locking-up of nearly six million dollars

M akch 18, 1899,]

THE CHRONICLE.

of the Central Pacific payment in the Sub-Treasury.
As the Government income has increased recently and
is likely further to increase with the development of
business activity, it may be a considerable time be­
fore that money is wholly restored to the uses
of business. The bank statement of last Satur­
day probably included this item in its averages two
days, or one-third of the loss, as the money left
the banks and was collected in the Union Trust Com­
pany on Thursday. The foregoing seems to account
for the large loss in bank reserves shown in their re­
port last Saturday; moreover, as we did not include
the item referred to (that is make allowance for it) in
our usual compilation of the currency movement, the
divergence between our statement and the bank re­
turn wa3 the consequence.
We remarked last week upon the conservative
course our banks were pursuing with reference to
their reserves and loans. We have evidence of the
same disposition in their methods with relation to
industrials. Those among our leading banks which
loan on that class of securities have a rule quite gen­
erally observed that the collateral shall first be put in
at a liberal reduction from the market price, and then
in addition to that there shall be a margin of from
25 to 30 percent. If borrowers are willing to comply
with these conditions the banks referred to consent
to make loans. One of the down-town Clearing
House institutions this week made a time loan
at 5 per cent on all industrials on this basis,
but the properties were well
margined, and
moreover it is stated that they were among the
strongest industrials on the Exchange list. There has
been a somewhat urgent inquiry this week from some
of the Western banks for small notes. Country insti­
tutions seem desirous of accumulating as much cur­
rency as possible, but only infrequent responses are
made by our banks to these requests, for the reason
that there is not a liberal supply here. As an indica­
tion of the large stock of gold, the fact may be noted
that during the first eleven days of March the gold
paid into the New York Custom House for duties
amounted to 84*3 per cent of the entire payments.
The largest previous percentage of gold receipts at
the Custom House was 80*2 per cent, in December
last year.
A feature of the industrial situation which deserves
very close watching is the sensational way in which
prices in the iron and steel trades are advancing. We
referred to this movement and its noteworthy char­
acter last week, but it has made farther and very
striking progress the present week.
The matter is
of importance not only because of its possible bearing
on our export trade after the orders taken at the
ow prices prevailing a short time since have
been executed, but also because of the effect that
the increased cost of iron and steel may have in
checking domestic enterprises. On this last point
we observe that the “ Iron Age” states that instances
have come to its notice repeatedly of late of work
which is being delayed or postponed because prices are
considered too high. It adds, though, that such cases
are isolated still, and do not cut much of a figure when
compared with the urgency of the demand from
many quarters. During the week the further addi­
tion to the price of raw iron has been all the
way from fifty cents to over two dollars a ton, and

495

the appreciation in the values of finished iron and
steel has been proportionately just as great.
The
extreme advance o f $2 a ton occurred in Bessemer pig at Pittsburg, which is this week
quoted at $15 65, against $13 50 last week, $11 50 a
month ago and $10 35 at the corresponding date
last year. Steel billets have risen to 125 50 at Pitts­
burg from $23 50 last week and $18 00 only a month
ago, while in March 1898 the price was hut $15 25.
We notice that steel rails, too, are now quoted higher,
being $26 00 at the mills: last week the price for
rails was lower than the price for billets. The
“ Age”
cites facts to show that our export
trade has not yet been entirely cut off, though it also
notes orders that have been lost during the week
because foreign competitors quoted lower figures.
The situation seems for the time being decidedly
unsettled, owing to the scare which has taken posses­
sion of consumers, who are in many instances antici­
pating future wants, and everybody must wish for a
speedy return to a normal state of things.
Money on call representing bankers'1balances has
loaned at Hi per cent and at 6 per cent, averaging
about 4 per cent. On Monday the range was from 24
per cent to 5 per cent, with the bulk of the business
at 2$ to 3 per cent, though in the last hour consider­
able amounts were loaned at 4 per cent and some
small sums at 5 per cent. On Tuesday the range was
from 3 per cent to 4 per cent, with the bulk of the
business at 34 per cent. On Wednesday the range
was from 2i per cent to 5 per cent, with the majority
of the loanB at 4 per cent. On Thursday the lowest
rate was 34 per cent and the highest 6 per cent, with
the bulk of the business at 4 per cent. On Friday the
range was from 3 per cent to 5 per cent,Abe majority
of the loans beiDg at 4 per cent. Each day the higher
rates seemed to bring in a supply of money from the
banks and other institutions, causing the rate to fall
off from the highest points. Banks and trust com­
panies quoted 3 per cent as the minimum on Monday,
34 per cent on the following day and 4 per cent on
Wednesday and thereafter; some of them, however,
obtained 44 and even 5 per cent. There is a good de­
mand for time money, not only on good mixed Stook
Exchange collateral, but on industrial stocks as well.
The offerings are liberal on the former, but borrowers
having industrials in any considerable amounts find
some difficulty in making contracts. The quotation
on the first-named line of collateral, with perhaps a
few hundred shares of good industrials well margined,
is 4 per cent for all periods from 30 days to
six months. The rate on a line of all industrial
stocks without any “ fattening” with railroad proper­
ties is not less than 5 per cent for all periods, as more
fully explained above. As a rule conservative lenders
of money prefer to bay paper, though at lower rates,
than to place their money on time on industrial prop­
erties, even though these should be made as secure as
possible in the manner above indicated. The eupply
of mercantile paper is fair but not large, and though
the business is good it would be better were the offer­
ings greater, for there is quite a general inquiry for
the best names. Orders for paper are often wired
from Western points, indicating some urgency in the
demand. Quotations are 4 per cent for sixty to ninety
day endorsed bills receivable, with exceptionally
choice names selling at 3| per cent; 4®44 per
cent for prime, and 44®51) per cent for good four

496

THE CHRONICLE

t o six month’s single names.
One noteworthy
incident of the week was the unprecedentedly large
debit balance of *17,413,862 at the Clearing House
on Thursday, due to the Chicago & Alton settlement
on Wednesday. The last previous high record of
debit balances was *17,163,312 on January 4. The
amount of gold received from California by mail this
week was about *1,500,000, including *1,000,000
last Saturday. This movement has now temporarily
ended.
There has been no important feature in the Euro­
pean political situation this week, except thesigningon
Friday, by the Queen Regent of Spain, of the Treaty
of Peace. A notable change in the financial situa­
tion is dearer money at London, Berlin, Frank­
fort, etc.
The Bank of England minimum rate
of discount remains unchanged at 3 per cent. The
cable reports discounts of sixty to ninety day bank
bills in London advanced from 2 f to 2 f per cent. A
special cable to us from the Union Discount Company
of London states that the rate of interest allowed by
it for money cn deposit at call has this week been
raised from 1£ per cent to 2 per cent, and at 3 to 7
days' notice from I f per cent to 2~jr per cent. The open
market rate at Paris is 2 f per cent and at Berlin and
Frankfort it is 4 } per cent, against 4^@ 4f per cent last
week. According to our special cable from London
the Bank of England lost £105,919 bullion during the
week and held £33,038,133 at the close of the week.
Our correspondent further advises us that the loss
was due to shipments of £114,000 net to the interior
•of Great Britain and to the import from Australia of
£8,COO.
T he foreign exchange market has been only mod­
erately active and easier this week, though otherwise
without special feature. It has been chiefly influenced
by dearer rates for money, which have checked the
demand without inducing liberal offerings of bills, as
the expectation is that the extreme rates for money
are temporary. Bankers report the supply of drafts,
and particularly those against cotton, quite small, and
at the same time there are not many bankers’ bills.
The market was very dull after Wednesday, and the
tone was steady at the decline. It is announced that
*1,000,000 gold left Sydney, N. S. W., on the steamer
Mariposa, on Wednesday, for San Francisco. The
arrivals of gold at the New York Custom House this
week were only 125,561. The range for nominal rates
for exchange until Wednesday were from 4 84J- to
4 85 for sixty-day and from 4 86£ to 4 87 for sight.
Then Brown Bros & Co., the Canadian Bank of Com­
merce and Baring, Magoun & Co. reduced their rates
half a cent, and the range thereafter until Friday
was from 4 84 to 4 84 J for sixty-day and from 4 86 to
4 86£ for sight. On Friday Brown Bros, advanced
the sight rate half a cent, making the range 4 84 to
4 84£ for sixty-day and 4 864 for sight.
Rates for
actual business opened on Monday unchanged com­
pared with those at the close on Fridav of last week,
at 4 83|@4 83| for long, 4 85|@4 85J for short and
4 86@4 8G^r for cables, and the tone was easy; so con­
tinuing on the following day, thousrh then there was
no quotable change in rates.
On Wednesday the
market was weak and rates for actual business fell off
half a cent for long, to 4 83@4 83L and one quarter of
a cent for short and for cables to 4 85£@4 854 for the
former and 4 85J@4 86 for the latter.
On Thursday

[VOL. I aX \ I L .

the market was steady at the decline without any al­
teration in rates and it was also steady on Friday.
The following shows daily posted rates for exchange
by some of the leading drawers.
DAILY POSTED KATES FOB FOREIGN EXCHANGE.

W>
Mon
"Tu b s .
FBI..
FBI.
Mar. 10. Mar. 13. Mar. 14 Mar. 15 Mar 10. Mar* 17.
60 days.
Brown Bros....... }(Sight-....
Baring,
5 00 d ays.
M&goun St Co.. \ Bight....
3ank British
i 60 days.
No. Am erica.. \ Bight....
(00 days,
Bank o f
M ontreal........ cS ight....
Canadian Bank (60 days.
o f Commerce.. }8 ig h t....
Heidelbach, Ick- (60 days,
elhelmer <k Co. tS ig h t....
days.
Lazard F reres... I(00
Sight....
Merchants’ Bk. (00 days.
o f Canada....... i Sight...

4 84*
4 60^
4 86
4 87
4 84*
4 S0*

m

4 85
4 37
m a
1 86H
18JW
4 88)4
4 84*
4 80*

84*
8 0*
85
87
F4*
>0*
84*
8 0*
85
87
84«
86)4
S4*
E0*
80)4

84
80
84)4
86)4
84)4
86)4
84*
86*
8 i*
80*
84«
86)4
84)4
86)4
84)4
88)4

84)4
66)4
86
87
84W
86)4
8 4*
80*
85
87
84)4
66)4
84*
80*
S4)4
86)4

84
80
°4 *
80*
84)4
8f)4
84*
^0*
■4*
‘ 0*
14*
*0*
' 4*
■6*
84*
80*

84
£6*
84)4
68)4
84)4
86)4
8 4*
80*
84)4
88)4
84)4
86)4
84*
80*
84)4
66)4

The market closed steady on Friday with rates for
actual business 4 83@4 83£ for long, 4 85£@4 85} for
short and 4 85|@4 86 for cables.
Commercial on
banks 4 82^@4 82f, and documents for payment 4 82
@ 4 83
Cotton for payment 4 82@4 82£, cotton
for acceptance 4 824@4 82J and grain for payment
4 82f@ 4 83.
The following statement gives the week’s movement
of money to and from the interior by the New York
banks.
Week Endino Mar. 17, 1899.

i o l d . . . . ’. ..............................................
Total Bold and legal tenders.......

Received by Shipped by
Tv. 7 . Bankr. N. T. Banks.

N et Interior
Movement.

*5,435,000
899,000

4,374,000 Gain $1,061,000
093 000 Gain.
206,000

$0,334,000

$5,087,000 Gain $1,207,000

With the Sub-Treasury operations the result is as
follows.
Out of
Banks.

Week Endino Mar. 17, 1899.

In to
Banks.

Bauka’interior m ovem ent, as above

$0,334,000
22.800,000

Net Change 4n
Bank Holdinos.

$5,087,000 Gain $1,207,000
30,500,000 L oss. 7,700.000

T otal gold and legal tenders....... $29,134,000 $35,507,000 Loss $0,433,000

The following table indicates the amount ol bullion
in the principal European banks.
Mar. 10, 1899
Bank of

Bold.

Silver.

Mar. 17 ) m b
Total.

s
i
*
England
33.038 1«3
i 38,038,133
France..
72.800,921 47,849,071 120.048,9(2
Germany----- 29.331,OtO 15,110.000 44,411,000
Russia
97.04 5,000 4.504.000 102,149,000
Auat,-Hung’y 8^,934.00)' 12.498.000: 48,432,001
Spain. ..
11 595 000 10,578,000! 22,103,OCX
16.050 000 2,384,000. 18,034,001
I t a ly ............
Netherlands
4.312, )( 0,852.000 j 11,101,001
NaLBelgium. 3,177.000 1,589,0001 4,705.001

Qola.
*
*
33,310,509
74,90 ■>,009 48,521,893
32,142.000 16,557,000
115,438,100 4,245,000
30,900,000 12.4S3.00U
9,578,000 10.800.00*
15.597,000 1,837,000
2.751 000 0 885,000
2,791,000 1,395,000

lo ts .
I
33,316.56(1
123,426,982
48.099,000
119.083,000
49,389,000
20,438,000
17,434.00'
9,030,000
4.186,000

Tot.thls week 303,473 054 101302071 401,835,125 823,454.638 102768,893 420.238,531
Tot.prev. w’k 804,97fl.0u0 101010883 405 9W2.903 324,080.075 102470.48'< 420,550,56-

T H E A P P R O P R I A T I O N S A N D TH E DE FIC IT.
We have at hand this week the final summary of
the actual budget of expenditure authorized for the
next fiscal year by the Fifty-fifth Congress. So great
is the confusion over this kind of legislation, and so
numerous and perplexing are the changes made in
the closing days of a session, that it is usually a week
or ten days after adjournment btfore the Appropria­
tions Committee can prepare the actual results of the
session’s work. Such a compilation we have now
before us.
Dealing first with aggregates, we shall find that
the total appropriations of the session just closed
were apparently smaller by *219,573,214 than those
of the previous session of the same Congress. This
decrease, however, results wholly from the fact that
the first session was called upon to make *329,661,795

M abch

18, 1899,]

THE CHRONICLE.

497

emergency appropriations to provide for the war with to mention the extravagant canal and ship subsidy
Spain. Leaving out of account both these expenses bills which were defeated absolutely, the estimates of
and the permanent annual appropriations, and dealing the Administration were in several instances radically
only with the regular appropriations of the session, it cut down in the grant of Congress. The War De­
appears that the outlay authorized by the session just partment asked for $144,677,342 for the army during
closed was larger by #72,579,47*3 than that of the fiscal year 1900; the result of the very important
the preceding session. Of this increase, however, debate on the army question, to which we drew atten­
#56,236,792 consists of enlarged appropriation for the tion at the time, was that Congress eventually granted
army, and may therefore be properly enough set only $80,430,194. The Administration asked for
down to the account of the war with Spain. But #12,151,898 on account of new fortifications, which
even after making this allowance it will be observed would have been an increase of nearly four millions over
that the figures show a very material increase in the evenlastyear: but Congress cut this allowance down to
appropriations during this winter's session.
How $4,909,902. The result was similar in some contests be­
much greater the increase would have been if the tween the House and Senate. The Administration
advocates of the Nicaragua Canal Bill and of the Ship­ had asked for #15,580,341 for river and harbor outlay;
ping Subsidy Bill had succeeded in carrying their the House voted only $12,524,648. and the Senate
point, is largely a matter of conjecture. Fortunately straightway raised the gTant to the imposing sum of
these two pieces of recklessness—for they could have #130,557,678. But the Senate had to yield at once,
been nothing eke under existing conditions— were and only $14,973,877 now stands to the credit of the
brought to a halt by Mr. Cannon’s resolute ob­ warrant officers on this account. Keeping these facts
in view, and also the incidental burdens imposed by
jections.
It is usual for the Chairman of the Appropriations the Spanish war, it hardly seems to us that Mr. Dock­
Committee, in his review of the work of a second ses­ ery is justified in his assertion that the grants of the
sion, to make comparisons, not so much with results outgoing Congress, as a whole, have been marked by
of the preceding session of the same Congress as with "reckless improvidence.” It had to resist the strongest
the total appropriations of the preceding Congress. kind of pressure to vote appropriations which would
This Mr. Cannon does in the document before us. have increased the total by upwards of one hundred
The entire appropriations of the Fifty-fifth Congress, million dollars, and it succeeded, under the leader­
just adjourned, were #1,566,890,016; but of this ship of two or three prudent statesmen, in making
amount, Mr. Cannon explains, #482,562,083 is directly a far more conservative showing than there was rea­
chargeable to or incident to the war with Spain. son to expect a month ago.
Even with this concession, however, there remains
Making this deduction, the ordinary appropriation
for Government purposes was #1,084,327,932, as the problem on which Mr. Cannon himself insisted
against #1,044,580,273 in the Fifty-fourth Congress— vigorously in his speech of February 9— the problem
an increase of $39,747,659.
of a revenue adequate to meet the enlarged expendi­
This increase Mr. Cannon defends, and indeed as­ ture.
The Chairman of the Appropriations Com­
sorts that it is "m ore than accounted for in a few mittee then declared his uncompromising opposition
items that are beyond criticism and that were advo­ to new lines of expenditure "unless there is already
cated and passed without party division in either upon the statute book, or unless hand in hand with such
branch of Congress.” 'We are afraid that the last legislation there goes upon the statute book, legisla­
half of this statement will not greatly impress the tion that will give the money necessary to meet the
average citizen, who has grown rather accustomed to expenditures.” It is only one step from this unas­
seeing party lines dissolve in Congress when huge sailable position to the contention that Congress
appropriations for a specific object are under must either raise the revenues to the level of its
consideration.
Even the Nicaragua Bill this ses­ present ordinary expenditure or must reduce that
sion was ardently supported by members of both expenditure. It has not done this daring the recent
political parties, and was defeated by the efforts session, nor indeed in any session since the reckless
of an Administration Congressman. It is only fair Congress which convened in 1889 heaped on extra
to add, however, that Mr. Cannon's summary shows disbursements of $137,000,000. Beginning with the
several, at least, among the items of increase to be autumn of 1892, Government revenue has steadily
unquestionably proper.
People may have their failed to meet expenditure. The story, briefly, is that
doubts over the $3,875,200 increase in the account of each successive gain in revenue since the trade prostra­
pensions, the $3,401,128 increase in river and harbor tion of the panic has been nearly offset by increase in
outlay and the $5,000,000 increase in the grant for annual expenditure. The receipts of 1898 would more
public buildings. But the largest increase of all— than have met the expenditures even of 1892; but the
an increase of $16,619,581 for the postal service— was, roll of expenditures had not halted with the work of
we believe, quite warranted, aud will probably in the the Fifty-first Congress. With our clumsy budget
end pay for itself. The $6,000,000 increase in the system, each successive Ways and Means Committee
appropriation for new ships will similarly, we imagine, had turned its eyes back to the annual disbursements
escape condemnation under existing circumstances.
of two years before, at the very moment when the ap­
On the whole, therefore, it is fair to say that when propriations committees were piling up new grants on
its appropriation work is reviewed in its final results, the public exchequer.
Congress has done much better than was expected.
There is, consequently, a heavy deficit still in sight.
The table submitted as usual with Mr. Cannon’s For the first two months of 1899 expenditure ex­
speech, and showing the history of each regular ap­ ceeded revenue by $15,287,437; for the eight months
propriation bill during the session, proves that if ending February 28 there is a deficit of $99,109,545,
Congress has not been economical and prudent in its and Mr. Cannon's own recent estimate of the probable
first impulses, it has at all events allowed itself to be deficit for the fiscal year ending with next June is
checked and controlled by its sober-minded leade rs. Not #159,000,000. Unless this tendency to a constan

THK CHK0N1CLE.

498

shortage is checked by an automatic expansion of
the revenue, it will have to be met by the imposition
of new taxes.
It is, however, at least within the bounds of possi­
bility that the movement of current trade will affect in
a very considerable degree the public revenue. This
has been apparent in some measure from the more
recent returns of revenue secured from internal taxes.
We think it is likewise becoming evident through the
reports of Government income from customs dues.
The foreign trade statement for January showed in­
crease in dutiable imports, as compared with 1898, of
$3,411,006; that of February reported a similar in­
crease of #1,700,098; and there can be no doubt that
with the enormous consumptive demand for finished
goods at home and the current rapid advance in
prices on the markets for many branches of manufac­
tures, the total import movement of March will turn
out to be larger than that for February. But the sec­
ondary result of this partial change in the foreign
trade position is of course an increase in the customs
revenue. In January, receipts from that source ex­
panded #3,722,249 over 1898; during February there
was a gain of $1,880,892; while for the two com­
pleted weeks of March there is a far more striking
increase of $3,067,444.
It will thus be seen that a
somewhat novel influence is at work which could
not have been reckoned upon with confidence in the
earlier estimates. Of course in making comparison
as to customs receipts with the first six months of last
year we must not forget the fact that the new law
levying a tax of 10 cents per pound on tea was not
in force until June 13 1898.
How far the expansion of the customs revenue will
go, and how permanent the increase will be, depends
on factors not yet entirely clear in trade develop­
ments.
It is already plain enough, however,
that plans for increase in the internal taxes
would even now have to be regulated by the probable
movement of the revenue under present laws. We
have frequently had occasion to point out the most
serious practical disadvantage of a customs tariff as
the chief source of public income. Irrespective of
the merits or demerits of the system from an econ­
omic point of view, the import duties are of all
sources of revenue the most subject to quick and
violent changes, the least reliable in a year of finan­
cial prostration, and the most difficult to measure
accurately in advance. The experience of our his­
tory, however, teaches rather uniformly that in a year
of domestic trade activity and of commercial specu­
lation the customs revenue expands with as great
rapidity as it contracted in the earlier period of re­
action. It remains to be seen to what extent the rule
will hold good this year.

THE

MADAGASCAR

TARIFF

QUESTION.

REPORT OF THE BRITISH TRADE COMMIS­
SIONER TO B R A Z I L *
M a n c h e s t e r , 1st March.
Statements, which are probably well founded, have
been received from Paris to the effect that the cus­
toms tariff policy adopted in Madagascar by the
French Government after the annexation of the isl­
and is being seriously reconsidered with a view to
removing the objections formally submitted by Lord
Salisbury last July.

^Communicated by ottr Special Correspondent at Manchester.

[VOL. JjXVIIl.

The dispatch in which these objections were urged
dwelt especially upon the engagement entered into
between the two governments in 1890, recognizing on
the one hand a French protectorate of Madagascar,
and on the other hand all rights and immunities
previously enjoyed by British citizens in the island.
Amongst these was the right conceded by the AngloMadagascan treaty of 1865, guaranteeing to British
trade with the island most-favored-nation customs
treatment, and stipulating that the import duties
should not exceed 10 per cent.
Lord Salisbury fu r­
ther referred to certain official statements made in
the French Chamber in 1894 and 1895. The first of
these statements—that of 1894— confirmed the en­
gagement of 1890, and the latter declared that “ the
occupation of the island will not raise any difficulties
with foreign powers, and it is needless to say that we
shall respect the engagements which we have con­
tracted with them.” This was on the eve of the mil­
itary operations which ended in annexation. The
declaration was accepted in good faith, but if it had
been foreseen, Lord Salisbury adds, that the result
was to be a complete change in the customs system
adverse to British trade, “ the projected campaign
would have excited serious and outspoken apprehen­
sions in this country, and the prospect of the sacrifice
of our commercial rights in Madagascar would have
drawn forth very earnest remonstrances from Her
Majesty’s Government and from public opinion in
Great Britain.”
The publication in England a few weeks ago of the
diplomatic correspondence of which this dispatch
was a part created some stir in Paris, notwithstanding
the anxious preoccupations arising from other sources.
In view of the prevailing grave political excitements
amongst our neighbors, it is perhaps not surprising
that the British Government had received no reply
a month ago to Lord Salisbury’ s protest. I f it be
true that the French Administration is now trying to
find some mode of complying with the implied claim
of Lord Salisbury to a recognition of the old British
rights in Madagascar, the interesting question arises
how far the rights of American trade with the island
secured by treaty with the now deposed Queen will
be recognized. The matter is of some importance to
United States exporters of cotton goods, of sheetings
especially, which for many years have stood first in
the estimation of the people of Madagascar, and used
to be more extensively imported into the island than
those of any other country. It cannot be pretended
that the American case is anything like so strong as
the British, since there is in it no confirmative engage­
ment similar to the Anglo-French Agreement of 1890.
Still, if the British claim be admitted, there can be
no impropriety in seeking by friendly negotiation to
preserve the “ open door” in Madagascar for a class
of goods which the people there greatly desire.
Whether or not the old treaty rights can be urged in
the absence of an express recognition of them by
France is another matter.
It should be stated that the Rouen Chamber of
Commerce, representing the cotton manufacturers of
that town— who, together with those of the Vosges,
possess now a practical monopoly of the Madagascar
market for cotton goods—has recently addressed a
very earnest appeal to the French Foreign Minister in
favor of the maintenance of the present tariff arrange­
ment. The appeal was called forth by the publica­
tion of Lord Salisbury’s dispatch, but it declines to

THE CHRONICLE.

M abch 18, 1899.]

discuss the Agreement of 1890 on the ground that
the interpretation of that document is a question for
diplomatists. On the other hand, there are signs
that even in France the policy of “ colonial exploita­
tion” is beginning to excite some misgiving. The
“ Politique Coloniale” recently published a strong
and rather lengthy criticism on the commercial policy
of France since 1892, in the coarse of which the tariil
arrangements of the colonies were rather strongly
condemned.
A farther report from the Special Commissioner
appointed by the Government “ to inquire into and
upon the conditions and prospects of British trade in
certaia South American countries ” has just been
published. Those previously issued, dealing with the
trade of Chili and the Argentine Republic, have al­
ready been noticed in this correspondence. The pres­
ent one records the results of Mr. Worthington's
investigations in Brazil. He states that no official
statistics of the imports into that country are obtain­
able later than those for 1894. By the courtesy of the
editor of the “ Brazilian Review,” however, he was
supplied with the following figures, not hitherto pub­
lished. They can be accepted only as approximately
correct, since they are compiled from the export re­
turns of the several countries named. They represent
the imports into all Brazil from each source from 1893
to 1897, inclusive:
jaw.
£
,..**,9*7.76*

Great Britain
France.............
Germany f , ____
Belgium . . . . — .. 1.460,031
Austria.,..
..
168,760
Italy................... . Not stated
Portugal.. . . . . , ,« 1.7T ,*VJ6
Cnlted States, . .. Not stated
Argentine. .. ...
Urujtn.jr...........
Total*. .....

if***.
&
*7 ,*&■***>

V77..VJ3
187,733
220.2M
Mfrl.vOO
*.7*\T43
1.7O0(fi&8
«9,t71,7S7

180*.
£
*7
♦.777.414
IJei.n. i
217.600
0SM0L
1.678,424
2,90m ***
1.6 1,773
1,404,076

18WS£
4.338*900
a.lW.617
3.-3S1.143
sa«.»07
436.119
1.6*2,748
‘2MO. 4*3
UHT^aa
l,5*o,8S»
$(,016,770

1807.
£
96
3,4*1,154
J,4?4.u®5
1,098.164
Not stated
* ot -stated
1.33 >.519
1, m . 406
1.S63.30M
19.-63. ISO

• Corrected figure*.
* The G «n a«n fl*ure* above relate to (ie m a o product*
alt the other*
Include n»-«xport#, Ac-: *. t., they cover th e whole o f the export* from the
couotrte# named to Bntxil.

Upon a comparison of the average of the figures of
1893-4-5 with those of 1895 6-7, it appears that the
imports from the United Kingdom fell off during the
latter period by 13 7 per cent; those from France by
10*3 per cent, and those from Germany by 7*2 per
cent, whilst the exports from Belgium increased by
19-0 per cent. Treating the imports from the United
States in the same way, so far as the figures allow,
the average per annum works out £3,112,331 in 1894-5
and £2,688,211 in 1896-7. The falling off in the
latter period is £441,120, or at the rate of 14-2 per
cent.
The result of this comparison is not unquestionably
borne out by Mr.Worthington’adetaileA investigations
of the various branches of the import trade at Rio de
Janeiro and San Paolo. Ue finds that several im­
portant descriptions of goods imported into Brazil
have been received in larger quantity in recent years
from the United States. Amongst these are railway
rolling stock (and their component parts), coal",
wheat, wheat-flour, blue cotton drills, cheap house­
hold furniture, agricultural and carpenters’ tools and
implements, iron hinges, locomotive engines (chiefly
Baldwin's), electrical machinery, iron and steel bars,
angle, holt and rod iron, steel rails, iron pipes, cheap
printing paper and printers’ ink. American cotton
goods do not appear to have gained much hold upon
the Brazilian markets. It is not evident either, from
the statements under the various heads of the import
trade, that any serious decline is apparent in the im­

499

ports of the classes of goods principally supplied by
Great Britain, and the progress made by Germany and
Belgium seems to be priucipally in cheap glassware
and ironmongery.
In his general remarks upon the import trade of
Brazil, Mr. Worthington dwells upon the frequent
piracy of foreign trade marks by Brazilian manu­
facturers
He says that the law on this subject is
good, and the latest “ National Factory-Marks A ct,”
is even stringent. Moreover, the tribunals are fair in
their adjudication of such cases as are brought before
them. But the enforcement of the law is intricate
and expensive, owing, he learns, to the number of
people who have to be paid in order to prevent
vexatious delays and the State never undertakes any
prosecutions.
Part of the report presents the results of an appar­
ently careful study of the manufacturing industries
of Brazil. Mr. Worthington inspected several of the
cotton mills in the Rio and San Paolo districts. The
machinery in these is almost entirely English, and
the work-people are nearly all Brazilians or im­
migrants from the European Continent, probably
Italians. Only Brazilian cotton, usually the lowest
qualities is used.
At least one of the weaving
mills is in the hands of an Italian Company,
which imports the yarn from its own spinning estab­
lishments in Piedmont. On the whole, it must be
concluded that the Brazilian cotton industry is not
very progressive. Mr. W orthington refers to a report
of the British Consul at Rio for the year 1894, in
which a full list of the mills in Southern Brazil is
given. He adds that the proprietors of some of these
have since gone into liquidation, although others have
increased their machinery. For the most part only the
coarser counts of yam are spun, hut in a few cases the
product is as high as 50 . or 60s. Jute weaving has
made considerable progress, the chief fabric upon
which it is engaged being coffee bags, but the yarn is
mostly imported. Hat manufacture, too, has attained
some importance, as well as glass-blowing. But the
most successful branches of manufacture are those of
leather, including saddlery and harness and boots and
shoes.

THE 0 ANADIAN P A C I F I C REPORT.
The Canadian Pacific annual report for the late cal­
endar year was made public this week, and it shows
that the year was one of continued progress and de­
velopment. The remark applies whether we refer to
the further extension of the mileage of the system or
to its growth in traffic and earnings.
Few persons have an adequate conception of the
magnitude of this great system in point of mileage.
We are accustomed to pretty large figures in the case
of United States railroads. But the Canadian Pacific
is the equal of any of these, if it does not actually
outrank them. We may expect that in a year or
two the system will comprise fully ten thousand
miles of road. Indeed, it falls but a few hundred miles
short of that total even now. The' mileage included
in the company’s traffic returns is 6,681 miles, be­
sides which 732 miles of other roads are worked. In
addition there are 1,834 miles of controlled road, 589
miles representing the Duluth South Shore & Atlan­
tic and 1,245 miles the Minneapolis St. Paul & Sault
St. Marie, or “ Soo” road. Hence the total of
operated and controlled mileage is 9,247 miles. But

500

THE

CHRONICLE.

371 miles more of road is at present under con­
struction.
The grand aggregate of all mileage,
therefore, is 9,618 miles.
The additions during the late calendar year
comprised several hundred miles of road, but they
are chiefly important because of their location aud t li­
ter ritory which they are intended to drain and do
velop. The new road is mainly in the Western and
the Pacific Divisions. The two principal pieces are
the Crow’ s Nest Pass line and the Columbia & West­
ern. The Crow’s Nest Pass line was completed to
Kootenay Landing last October (too late in the year,
the report says, to affect the year’s results as to earn­
ings) and in connection with the section of the Al­
berta Railway from Dunmore on the Canadian P tcific main line to Lethbridge, 109 miles, purchased
the previous January, forms a piece of road almost
four hundred miles long.
The object of the
construction of this road has been to pro­
vide a Canadian outlet for the Kootenay min­
ing district, and it is expected to give a decided
stimulus to mining and smelting and to add mate­
rially to the earnings of the company. The coal
deposits made accessible are said to be of great extent
and of superior character. The Columbia & Western
lies immediately to the west of Kootenay Lake, and
will provide (including the piece of road under con­
struction westward from Robson to the Boundary
Creek Mining District) somewhere in the neighbor­
hood of 150 miles of road.
It is stated that though
the attractions of the Klondyke drew away many
prospectors and minera from Southern British Colum­
bia early last year, the development of the mines in
the latter district has continued, and shipments of
ores have increased as rapidly as the means of trans portation would permit.
One of the noteworthy characteristics of the Cana­
dian Pacific is the ease and facility with which the
means for new capital expenditures are provided.
The call in this way in the late year was quite heavy,
being not limited to the requirements for the new
lines. And yet the end of the year found the com­
pany in the same excellent financial condition as
before, with no floating debt except the ordinary cur­
rent liabilities incident to the operation of the road.
To be sure, the company received some further
subsidy from the Dominion Government, earned in
the construction of the Crow’s Nest Extension, but
this amounted to only $2,333,4:40. On the other
hand, among the capital expenditures were the fo l­
lowing items: Crow’s Nest extension, $5,501,801; A l­
berta Railway purchase, $976,590; Columbia & West­
ern Railway purchase and extension, $3,520,470; ad­
ditions and improvements, main line and branches,
$2,022,283; addition and improvements of leased
lines, $1,086,300; construction on acquired and branch
lines, $288,684; additions to rolling stock, shops and
machinery, $2,016,967; steamships, $554,462. These
amounts foot up, roughly, $15,000,000, and in addition
the company enlarged its stock of materials and sup­
plies in the sum of $616,720.
It has not been the policy of the company to in­
crease its bonded debt but to provide for its needs by
the issue of additional 4 per cent preference stock,
and of this only £2,285,000 was put out during the
year, realizing $10,461,267. It is proper to say that
£412,191 additional of consolidated debenture stock
was also issued during the twelve months, yielding
$2,005,996; but this may be disregarded because the

[VoL, Lxvm,

proceeds went to retire a somewhat larger amount of
guaranteed securities. The difference between the
$10,461,267 realized from the sale of the preference
stock (augmented by the subsidy from the Dominion
Government) and the capital outlays was temporarily
provided from the company’s surplus. The important
fact is that, notwithstanding these outlays were
some millions in excess of the capital receipts,
the financial position of the company remains
one of great strength. The current liabilities Decem­
ber 31 1898 were reported $4,566,231, and interest
due and accrued $1,850,047, making together $6,416,278. But as against this the company held at the
same date $4,147,229 of cash in bank, there was due
$728,311 from the Imperial and Dominion Govern­
ments, and the station and traffic balances and ac­
counts receivable amounted to $3,565,638.
Thus
these three items of assets alone aggregate $8,441,178,
not to speak of items representing advances, securities
held, etc.
It is worth noting that considerable further out­
lays are contemplated in the immediate future. Aside
from the expenditures already authorized for new
road, etc., the report tells us that the shareholders at
their meeting next month will be asked to approve
expenditures for permanent way aggregating $1,150,979; for additional station, yard and terminal facili­
ties, $788,187; for the completion of air-brake and
automatic coupler equipment, $305,010; for branch
lines to mines, $300,000, and for the purchase of ad­
ditional rolling stock, $1,000,000.
Much of the mileage of the Canadian Pacific of
course runs through a sparsely settled country— a
country which was inaccessible until the lines of the
system opened it up to development— yet each year
sees a further addition to traffic and revenues, thus
justifying the confidence of the management in the
future of the property and their wisdom in putting
so much new money into it.
During the late
year there was a further increase of over two
million dollars in the gross earnings of the company,
raising the total to $26,138,977. Only three years
before, in 1895, the aggregate of the gross was but
$18,941,037. It is a notable circumstance that this
latest increase was made without any further expan­
sion in the grain traffic, the road having moved only
35,443,081 bushels in 1898, against 37,756,201 bush­
els in 1897 and 32,528,256 bushels in 1896.
The
live-stock traffic and also the lumber traffic are
being steadily enlarged, but the most striking
growth is in manufactured and miscellaneous
articles.
Of manufactured articles the tonnage
was 1.529,044 tons in 1898, against 1,070,675 tons in
1896 (two years before); of miscellaneous articles 1,119,087 tons, against 878,261 tons; of live stock 715,018
head, against 566,219 head, and of lumber 840 million
feet, against 636 million feet. Total freight traffic of all
kinds was 5,582,038 tons in 1898, against 4,442,055
tons in 1896, an increase it will be observed of 25 per
cent in two years. The tonnage movement one mile
was 2,142 millions in 1898 against 1,769 millions in
1896. In the same two years the number of passen­
gers carried rose from 3,029,887 to 3,674,502 and the
number one mile from 263,607,453 to 430,493,139.
The two million dollars increase in gross receipts,
however, in the late year brought with it hardly any
addition to the net, which is reported at $10,475,371
for 1898, against $10,303,776 for 1897. Of course the
differences with the American trans-continental lines

March 18, 1899. J

THE

OHEONICLE.

501

on passenger business to the Pacific Coast and the January of last year (the bad weather being assigned
Klondyke wa3 an adverse influence, and this difficulty as one cause for this), but the grain movement in the
wa3 not terminated until November. But Presi- 1West showed further expansion in 1899 on top of ex­
dent Tan Horne points out that though the rate ; pansion in 1898, though the gain came chiefly at the
disturbances may in part be held responsi- j spring-wheat points, namely Chicago, Duluth and
ble for
the lack of
growth in the net, Minneapolis.
In the aggregate our tabulations show 85,214,243
the principal reason is to be found in the long-continned rains following the harvest in the Northwest, gain (or 8-14 per cent) in the gross, and 81,801,605,
These rains, he states, prevented the threshing and or 10-01 per cent, gain in the net. The following
harvesting and marketing of grain until within a few are the totals:
weeks of the close of lake navigation, making it neces­
Increaset»
January.
1804.
(120 rcxufjr.)
sary to find employment for the company’s rolling
Amount,
Per Cent,
i
stock in other traffic affording little profit.
*
$
I
6.214,243
8*14
Though the net increased but slightly as compared Operating expense* ......... .... 69.285,7381 61,^71,495
3,412,6-38
46.0 <1,8X5
7*U
49,191,141with 1897, as compared with the earlier years of course
10.791.2V7
1.801,605
KM earnings................
17,989.692
10-01
there has been noteworthy expansion.
Thus since
What gives all added significance to the increase
1894 the total of the net has risen from 86,423,309 to reoorded j8 that there was an exceptionally heavy
10,475,371.
The interest reoeived by the company gain in this month of 1898, so that the improvement
on deposits and loans and on its holdings of Duluth has been cumulative. In brief, in January of last
South Shore & Atlantic and Minneapolis St. Paul & year our statement recorded no less than 88,056,508
Sault Ste. Marie bonds raised the aggregate of the gain in gross earnings (14T3 per cent) and 83,218,818
net income to 810,898,738.
The requirements for (or 21-59 per cent) gain in net earnings. We present
charges were 86,774,321, leaving a balance of 84,- herewith the January totals for a series of years.
124,417.
The call
for 4 per cent dividends
Onus Earning*
Set tHarulnjs,
T*at and
on the preference stock is reported at 8472,- .V
umber
Tear
Year
Inertost or
Year
Increase or
Year
709 (had the whole 820,951,000 of such stock 9' road*. Qirsn. PrseAtUng Deer(.us.
Preceding
Qiom .
Decrease.
%
been outstanding the call of course would have been January
9
9
9
f
»
VpO* 015 65,860.906 55.100.108
+760,887 13361.316 14.682,266 -1,320.909
larger), and the 4 per cent dividends on the common lHM 033 47.0 O.SH* 54.127JM7 —7,077.4' 8 11.633.196 12,765,024 —1,131,838
stock took 82,600,000, making 83,072,709 together. 1*96 fUH 48 973,190 48. >72.916 +900.315 18,22'V 3 14,128,39* +1,0 8,975
62.158.0 5.91 + 1,062,219 16.095.545 13,761.261 +£,898,894
1*96 <UU mm
(134 54.763,774 58.194.99i; —3,441.117 14,900 #77+, 16,133 J»V —1,222,326
In other words, over and above the 4 per cent divi­
t*km i is*) 65.069,043 67.01*.5 Ilf +8,056,50* 14.138.136 14.9 9.8i2 + 3 J218,818
dends on all classes of stock, there was a surplus of urn mo> 60
J£** 73* 61 071.495 + *. ‘ 14.348 19.791.t»7| 17,060 698 -l.80l.005
more than a million dollars. This is on very low
As further emphasizing the favorable nature of the
rates, too, the company having received an average results, we may note that when arranged in groups
of only 76 hundredths of a cent per ton per mile in ' every group indicates an increase in gross, and all but
the late year.
the Southern group an increase in net. The loss in
As indicating the growth of the territory con­ net in the Southern group reflects the bad weather
tiguous to the line, attention should be called to the aud smaller cotton movement. Here is the statement.
HOMMAKY Hr ftROUKa.
great increase which is taking place in the sales of j
Groms Earning*
S et Earning*.
land by the company.
These sales were 348,608! Suction o a
GROUP.
1899.
vsm.
1«39.
1898
Inc. or D*+
acres for 81,121,744 iu 1898, against 199,482 acres for
January
9
*
9
P. O,
9
•
8665,740 in 1897, and only 87.878 acres for 8308,928
8.804,14" 8.617,66 5
+187,0 2 fi 17
T ran* llrwa.413 16,646.364 14,906.09ft
in 1896. Furthermore, according to official returns, Anthra. coa l.(7 > 8.943,6*8 8.968.41* 1,610,850 1,61+586 +186.32* B01
2.648^79 2,4 76/23
iddle,... <14.
621,5*6
65 4,009
+131.413 25*19
the number of homesteads taken up from Government M
Mid. W o a fr u m
4.646,79* 4.360.25*
+210.7 vi 17*36
1,607,81
1,337. 8*
8.
tH9.S»
1
+245 926 10*01
Woribweat’raf*
3,923.1*9
9,018,06*
i,»
67.30.1
lands in Manitoba and the Territories beyond was
9 /0 1 .1 +
6.355,0*3
+470.97- 29-89
9oathw«*t’ &-<13
1,602 31
£.07 U l*
4,484 in 1898, against only £,406 in 1897. This inflnx Pacific Coait (13 10,877,*>27 9 641.665 3,571,133 8.395.171 +176,062 5*19
8,840.268 8,494.780
—7.1.513 2*09
2,657.996 2,7*E60V
of settlers obviously augurs well for the futtire. Wo SfratMrft
+376,8 3 45 05
tfaxlcan — <3
3,240.817
Um.bTS
8i>0.601
613,948
observe also that President Van Horne stateaThat a T o t- (120 r'd*> 69,285,7S'* 64,071, *05 19,791/29 17,9*9,693 +1.801*60 > 10*01
much larger amount of grain from the Northwestern
Among the separate roads there are a good many
orops remains to be moved than ever before at this with fair-siz d gains, while on the other hand there
time of year.
This, together with the satisfac­ are very few which are obliged to report losses for
tory agricultural aud industrial conditions now pre­ any considerable amounts. These losses, though, are
vailing in Canada, due in great measure to good crops somewhat more numerous in the net tliau in the
and good prices and to successful mining, gives prom­ gross (owing to increased expenses), as will be seen
ise, he states, of a large spring and summer traffic.
from the following, giving all gains and also all losses
in excess of 830,000 in both gross and n e t:
R A I L R O A D GROSS A N D N E T E A R N IN G S
PRINCIPAL CHASOBS IN tJ U O S S EtBNINOS IS .TANtJART.
I tie r u s e s .
lacreuw v.
FO R J A N U A R Y .
C h ic M il. A s t Paul
$ 5 3 ,3 6 1
$ ^ 8 0 ,1 1 3 S t Lostii A San F r a n ..
i ’ ll & R ead, a n d C. it r.
4 0 8 ,1 3 2 Ohio. A G ran d T r u n k ..
5 5 ,4 7 0
Our statement of gro83 and net earnings for United P e n n sy lv a n ia t ............... 4 5 5 .7 0 0 N asliv O batt. A S t . L . .
5 2 ,0 8 6
A toll. T o p , & S a n ta F «.
3 6 7 .S 7 4 N orth e rn C e n t r a l ........
5 ,3 0
States railroads for January reveals very satisfactory L e!i. V. R R . A L. V. Coal 3 4 2 ,3 2 0 P hil. W llm A B a lt ........
4 9 ,9 0 0
S ou th ern F a o llio .............
4 5 ,9 1 9
3 3 5 ,0 8 0 N o rfo lk A W estern . . . .
results—much more satisfactory than those for Feb­ W
a b a s h ___
4 1 ,0 0 6
1 0 0 ,7 3 0 C h o cta w O kia A G u lf ..
C hle A E ast 111...............
4 1 ,7 0 0
ruary are likely to be. Bad weather proved s o m e - 1 i l f t i f l
C en tra l o f V, .le r e e y ...
3 6 ,8 0 4
3 5 ,9 7 4
S ou th ern R a ilw a y ._____
1,83.220 rule. A W est M ich . . . .
what of a drawback, but only in limited sections and U
3 4 ,5 8 7
n io n P acific. . . . . . . . . .
1 5 2 ,5 8 1 N. Y . O nt. A W e s t e r n ..
hic. B url. & O u lD o y ..
1 48 .99 6
in a limited way. In Colorado the roads suffered CI llin
o is C e n t r a l..............
1 47 ,07 2
T o t a l (re p re s e n tin g
43 r o a d s ) ................$ 5,1 0 8 ,4 9 1
orth ern P a o itlc...........
1 32 ,21 7
severely from snow blockades, and iu the South and NE rie
.....................................
1 2 6 .1 3 3
u is v ille & N a sliv ........
1 2 1 ,00 3
• e cre a sn 'R ,
Southwest heavy rains made the wagon roads almost LMoextoan
$ 5 0 ,74 1
In te rn a tio n a l
113,517 C lev . Cln. Ohio. A St. L .
3 5 ,3 1 2
1 04 .81 0 M lun. St. P. A S . S. M ..
impassable. But there were no such geueral and C liic. R o o k isl. & Par
D e n v e r A R io G r a n d e .
8 3 ,1 3 0
7 9 ,2 0 9
T o ta l (re p re se n tin g
widespread and exceptional interruptions to railroad Ohio. Great. W e s t e r n .,.
0 3 ,1 9 0
2 r o a d s). ............. .
$ 9 2 ,5 5 3
M e x ica n N a tion •! ........
operations as developed during February, The cotton
I C o v e rs lin e s d ire ctly. o p e ra te d e a st and w e s t o f P itts b u rg and E ric,
nos in cr e a s e d $ 2 2 3 ,1 0 0 an d the g ro ss o n W e sth e g r o s s on E astern Lin
movement in the South proved much smaller than in Tern
lin es In creased $ 2 3 2 ,0 0 0 .

THE

502
NET EARNINGS

CHRONICLE,

[VOL. LX'VIII.

sumably with the view of attracting capital to that State
for investment in such corporations. Both banks and trust
$42,346
Ateh. Top.
Santa Fe. $362,328 Mexican National........
40,123 companies wiil be permitted by the revised laws to establish
251,632 Wabash .....................
Chic. Mil. & St. Paul...
38,089 branches in any part of the State. The laws of New York
245,217 Oregon Kk. & Nav......
Ph. & Read. and C. & I .
31,333
155,229 Wear. N. Y. & Penn—
now authorize the organization of branch banks and a sim i­
147,533
Total (representing
139,100
26 roads)............. $2,180,376 lar privilege was probably incorporated in the revised New
136,557
D ecreases.
101,906
Jersey laws in consequence o f the branch bank provision in
97,710 Southern Pacific.......... $146,486
Mexican International
146,178 this State. The sections of the proposed laws relating
60, M3 Lcli. V. RR. & L. V. Coal
68,226
51.700 Chic. BurJ. & Quincy...
Pffll. Wilm. & Balt......
36,589 to taxation are less onerous than the New York laws as re­
Chic. Great Weetern.
50,5*5 Louisville & Nashv —
35,345 gards banks. The proposed New Jersey laws provide that
49,752 Minn. St. P. <fc S. S. M ..
Mo. Kansas A Texas...
34,093
47.231 Chesapeake <fc Ohio---Burl. Cedar Rap. A No.
back stock shall be assessed in the taxing district where the
45.700
Total (representing
44,237
Ohio. A East 111............
owner resides, or, in case o f a non-resident, the assessment
12 roads)............. $466,917
42,425
St. Louis Southwest’ n..
shall be laid in the taxing district where the bank is located.
t Covers lines directly operated east and west of Pittsburg and
Erie. The net on Eastern lines increased $29,900 and the net on This would seem to imply that the par value of the shares
Western lines increased $109,200.
shall be taxed. The New York law imposes taxes upon the
market value of the shares as personal property and also
upon the surplus of the bank, besides which there is a State
ITEMS ABOUT BANKS, BANKERS AND TRUST CO’S. tax of half a mill on each dollar of capital. The proposed
—At a meeting of the Clearing House Association, held on New Jersey law taxes trust companies upon the amount o f
Monday, at which all but three banks were represented, the their capital stock and accumulated surplus or undivided
amendment to the constitution, printed in the C hronicle profits, except that any real estate belonging to
last Saturday, empowering the Clearing House committee to such corporation shall be taxed in the taxing dis­
establish rules and regulations regarding collections outside trict where such real estate is situated, and the
of the city of New York by members of the Association and amount of the assessment made upon said real estate
by other institutions having the privilege of the Clearing may be deducted from the amount of any assessment made
House, was unanimously adopted. The Clearing House com- upon the capital stock, surplus and undivided profits. The
mittee held a meeting on Wednesday and promulgated the New York law imposes taxes upon the par value of the capi­
rules and regulations, which are substantially the same as tal and surplus of trust companies, less 10 per cent of the
those published iu the C hronicle last Saturday. They will surplus; and the investments by the company in United
become effective on and after April 3. In order to prevent States bonds, or in non-taxable municipal bonds are also de­
banks from increasing interest rates as compensation for ducted, and as a consequence some companies invest both
makiDg collection charges, the following clause has been capital and surplus in non taxable securities. The provision
regarding real estate is similar to that in the contemplated
inserted in the regulations:
“ No collecting bank shall, directly or indirectly, allow any New Jersey law. Whether the proposed laws in that State
abatement, rebate or return for or on account of such will tend to stimulate the investment of capital in banks and
charges or make in any form, whether o f interest on bal­ trust companies remains to be seen. It is thought that not
much New York capital will seek such investment, for the
ances or otherwise, any compensation therefor.”
The only other changes made in the rules as printed in the reason that the business is chiefly here, unless there should
C hronicle was the substitution of the word “ payable” for be a large increase in business in New Jersey to justify more
“ collected” in the second section and the addition in the third corporations of this character.
—A dinner was given on Wednesday evening at the Union
section of Rhode Island to the States in which collecting
banks shall charge not less than 1 10 of 1 per cent.
League Club in this city by the Executive Council of the
- The Astor National Bank, which was organized last American Bankers’ Association to the bankers who are now
year, and which is reported to be largely controlled by stock­ on a visit to New York. Fifty-two guests were present and
holders and directors of the First National Bank, has been Mr. Joseph C. Hendrix, o f the National Union Bank,
admitted to membership in the Clearing House this week, presided. After the dinner Representative Hill, member of
reeeivmg the number 94, making sixty-four banks in the the House Committee on Banking and Currency, and also of
Association, forty-five National and nineteen State banks. the Coinage Committee, in the coarse of his speech noted
On Saturday the Sixth National Bank will make its last ex­ the differences of opinion between bankers regarding cur­
changes to the Clearing House, this institution having been rency reform. He quoted, for illustration, one banker who
taken over by the Astor National Bank, in pursuance of asked him, when he was recently on his way to Washington,
arrangements made a few months ago. This retirement of to do something for the currency but not to do anything with
the Sixth National from the Clearing House will reduce the greenbacks; while another banker remarked that the green­
number of National banks to forty-four, making the total back was just the thing that* something should be done
number of banks sixty-three,
with, Mr. Hill then asked—if bankers cannot agree, bow
—The stockholders o f the Corn Exchange Bank on Monday can we expect Congress to do any better? He argued
ratified the merger with the Hudson River Bank and the that the country should be put upon a gold basis at
Astor Place Bank and the merger will go into effect on Mon once.
Mr. George E. Roberts, Director of the Mint,
day, March 20.
in the course of his address, said that he did not
—The Clearing House Committee has been given authority believe the silver question would ever become an
to construct another vault in the building for the storage of acute issue again, but the spirit of discontent which
gold coin whenever they shall deem such action expedient. found expression in it will not die out. Ths argument for
The vault accommodation is now limited to $180,000,000. If free silver has been practically destroyed by the marvelous
the new vault should be constructed, it will have capacity new supply of gold the mines of the world are yielding. He
for $50,000,000 of gold.
declared that the production o f that metal in the year of th
—On April 3 the Bank of the Manhattan Company will next Presidential election promised to be more than the com­
celebrate the centennial anniversary of its incorporation by a bined production of gold and silver was in the year o f the
dinner at an up town hotel. Invitations have been sent to last Presidential election. After giving some statistics o f
the presidents of the Clearing House baDks, of the trust com­ the world’s gold production, which in 1898 amounted
panies and of the savings banks in this city.
to $200,000,000 and in 1898 to nearly $300,000,000, while
—Mr. James B. Dill, of East Orange, N. J., Mr. John B. in 1900 it would probably be $400,000,000, he referred to tb©
Vreeland, of Morristown, N. J., and Mr. Thomas N. Me plans for reforming the currency. On that point he ex­
Carter, Jr., of Newark, N. J., commissioners appointed by pressed the belief that before the next President snail be
the Governor, under the laws of New Jersey of 1898, to re­ elected a measure will have been passed regulating our cur­
vise the enactments of that State relating to banks, trust rency by a new system, which shall keep all forms of our
companies and safe deposit companies, made their report to money on a par with gold without the necessity for action
the Governor March 7, and it is expected that the revised by any official and without the possibility of disturbance.
laws which they have submitted will be adopted at this Addresses were also made by Mr. Russell, President of the
session of the Legislature. In revising these laws care seems American Bankers’ Association; by Mr. Hill, Vice President
to have been taken to make the provisions regarding taxa­ of the association, and by Mr. Joseph C. Brown, of Raleigh,
tion of banks and trust companies as liberal as possible, pre­
C.
PRINCIPAL CHANGES IN

IN JANUARY.

In cre a ses,

N.

March 18, 1899 ]

THE

CHRONICLE,

503

A meeting of the Executive Council of the American be willing to take bills at these rates. But as the New York
Bankers’ Association was held in the afternoon of the same sterling exchange has began to move downwards, they are
day, at which, in addition to the transaction of other busi­ justified o f course in a certain amount of apprehension.
There is not the slightest probability that gold will be
ness, Cleveland was selected as the place for holding the an­
shipped in considerable amounts to the continent. For the
nual convention in the fall.
present the Imperial Bank o f Germany has gained suffic­
iently in strength, and until the spring demand arises there
will not be such withdrawals of money from Berlin as wonld
seriously affect the market. The Russian Government is
(F r o m o n r o w n c o r r e s p o n d e n t -!
very desirous of attracting British capital to Russia, and in
L ondon , Saturday, March 4, 1899. deed for some time past has been making very earnest
The stock markets have been dull all week. One of the efforts with that end in view. Russia therefore will not dis­
chief reasons, no donbt, is the weakness in New York. The turb this market just at present. The Bank of France is
American department here has no initiative of itself. It strong enough. The other Continental countries are not in
moves np and down with the New York Stock Exchange. a position to take much gold.
And there is no reason to anticipate that gold will he sent
But for all that the department is considered a good barom­
eter of the state of the markets in general. Indeed, it is to India. It is quite true that a considerable amount of gold
often noticed here that when the American department is has either been received or is on the way to the Indian treas­
active nearly every other department of the Stock Exchange uries just now. Bat it is entirely coming from Australia,
» active likewise. One reason o f coarse is that the great none of it being Bent from here* and none is likely to be sent.
operators are interested in most departments, and if one is The India Council is selling as many drafts as it can. Bat,
disappointing they have not the same conrage to act in others. owing to the famine and its consequences, the exports from
But the main reason is that the impression prevails here that India o f late have been on an enormous scale, while the im ­
the speculation in New York has been carried on with too ports into India have been restricted. There has therefore
been a great balance in favor of India in the trade between
much rapidity.
Nobody doubts the value o f the securities or the great India and this country, and the India Council’s drafts were
prosperity of the United State*. But most people think that not sufficient to fill up the void. Consequently the exchange
there has been too great a haste in'jrushing up prices. Con­ banks have had to forward from Australia to India about 1%
sequently any set-back gives rise to apprehensions that diffi­ millions sterling.
Under these circumstances the only country in a posi­
culties inav be disclosed, that money may become dear, and
consequently that gold may be shipped from London to New tion to take much gold is the United States. If there
are no shipments o f any considerable amount money here
York.
Another reason for the general <1nines* this week is that the will remain somewhat about its present level until the mid­
monthly liquidation in Paris has been going on. On Monday dle of April. There will be ease, of coarse, as there always
and Tuesday options bad to be declared. It is understood is at the beginning of April, when the collection of the rev­
that they were on a very great scale, and that there was some enue is on a small scale and the interest on the debt is paid
anxiety as to bow they might go off. Furthermore it was out. But towards the end of April the usual spring demands
feared that a few great operators had speculated too largely, will make themselves felt, and in May the Scotch demaud
especially in the ruining market, and that they wonld find it will have to be met.
The probability therefore is that the Bank of England rate
difficult to carry over their stocks. The liquidation, how­
ever, has so far gone off very smoothly. In ordinary stocks will remain at abont 3 per cent until May, always provided
tha carrying-over rate averaged from 4 per cent to 4J^ per that gold shipments on a considerable scale are not made to
cent, in the mining market from 5 p -r cent to
per cent New York.
Meantime there is a good demand for money in India, but
and in some cases 6 per cent. The mining rate* are certainly
very moderate compared with the London rates, where from no serious stringency. The bank rates are all at 7 per cent.
8 per cent to 10 per cent is charged, and in some cases even Still the India Council continues, for the reasons already
12 per cent and 15 per cent. The fall o f the Sagasta Cabinet staled, to sell ils drafts exceedingly well. It offered for tender
in Spain, the illness of the Pope and the pretensions of on Wednesday 70 lacs, and the applications considerably ex­
ceeded 674 lacs. The whole amount offered for tender wai
France in Siam have all helped to cause some anxiety in disposed o f at prices slightly over Is. 4d. per rupee for bills
and Is, 4 110d. per rupee for telegraphic transfers.
Paris and so to keep the Paris market weak.
The following return shows the position of the Bank o 1
The final upshot is that, compared with the last couple of
England, the Bank rate o f discount, the price o f oonsols
months, business on the Stock Exchange has been very %o., compared with the last three years:
quiet here this week. There is, however, great confidence
i« k>.
ises.
into.
man.
Mur. 1.
.War. a.
.War. 3,
.War. 4.
in the future, and everybody is looking forward to an excep­
*
£
otreolutlon..,........... .................... SS.TSO.W) «7.e?«.*"S VD.074.tSS 2S3:3,il»0
tionally prosperous year.
Pabii*deposit*................... ts s-i*.m i-.sn.oS*
18,<wb,S3»
Other deposit*... ........................ 37.W3e.Mh 36.KH.MO SS.7rS.SSS 47,ISO,514
In trade there Is expansion in every direction. Manufac­ O
ovm nont seeaHtis*........
ia.W7.Mti u.uOMd n - . i K . x t x
4*s ss.srs.iss
ss.mm.ssv
turing industry is more prosperous than ever before; em­ aukWMKBmt*'..............
Rc»«w* of note* » d4 coin...... sa.7SS.ss7 sv.OOS.n.w g».:iw,swl 4"'..w.isw
ployment is full, wages are high, and even exports are now Ohio V bullion, Boll, <!opart,r. U Sa.74S.in7 3)0*17,464 M* 02B.FTH 4&U67.X48
Prop, reserve to Meoilule- p.et.
44
4»
6410-10
0! >8-18
3
a
a
s
beginning to increase. During the past few years, while Bank r a t e ................. our emit.
Congo!*, t x per cent.................. lio q x d . 1131-lBxd.
111
«
W i4 .
there was gTeat prosperity in every other direction, the value JU»er..........................................
av-vt
MW ,
*>7(0.
31 IS-lthl.
0te»r1ng-Hoa*<. return*........... S31,W8S,000 180,167,000 477.852.0(10 HW.07S.0t0
o f the exports of British and Irish produce and manufactures
• February SI.
did not materially increase. But from this time forward
Messrs. Ptxley and Abell write as follows under date o f
there is every reason to look for a considerable aug­ March 2:

T&ouetavxil (Commercial g iiglisIt^ctDB

mentation, Orders on a very great scale have been placed
on account of India in Lancashire, and there ought soon to
be a very marked increase in the exports to India. Ship­
building is yet more active than it was. And even York­
shire, that had been complaining more or less, is doing
well now.
There is gome apprehension that money may be shipped to
New York in considerable amounts. Y'on are in a better
position to judge wbother this is likely or not than
anybody here can be.
But although bankers and
dbconnt homes talk of the probability of ship­
ment*. they are uDable to get the rates which would warrant
their alleged apprehension. On Wednesday of this week
the rate of discount in the open market for three months'
bank bills was as low as 2per cent, and even on Thursday
and yesterday it was barely 3 1-16 per cent. It is quite clear
that if bankers and discount houses really believed that gold
shipments on a large scale were beginning, they would not

Gold—The Bank o f E n g la n d ha* r e c e iv e d £ 5 5 .0 0 0 . an d £ 0 3 0 ,0 0 0
ha* been withdrawn, o f which £ 2 0 0 ,0 0 0 was fo r S outh Africa and
£330,000 for South America, In s p it e o f th e Bank o f E n g la n d rais­
ins its buying price, the hulk o f the r e c e n t arrivals h a s b o o n pur­
chased by Germany, and the d e m a n d co n tin u e s u n sa tisfied . Ship­
ment* Feb. 2 3 : Bombay, £ 8 1 ,0 0 0 . A r r iv a ls : S o u th A fr ic a . £ 4 7 3 ,0 0 0 j
Australia. £ 3 7 ,0 0 0 ; S in g a p o re . £ 7 . 0 0 0 : G ib ra lta r, £ 2 . 0 0 0 ; West
Indies, £ 2 3 , 0 JO: River P la te, £ 2 2 .0 0 0 ; t o ta l. £ 3 0 4 .0 0 0 .
Silver -There has been a large business doing with India, and after
touching 27qd., the market close* firm st 27", d. The Bombay price is;
Hs. 70 ig for spot silver. Shipments Feb. 23: Bombay. £39.000Shanahal, £8.000; total. £47.000. Arrivals: United State*. £304,
000; West Indies, £ 2 J,000; total, £332.000.
M e x ica n D o l l a r s - T h o r e h * » b e e n a s m a ll b u sin e ss a t 2 7 6 , , b u t tlio
su p p ly e v e n a t this p re m iu m la v e r y lim ite d ,

th e quotations for bullion are reported as follows:
G ou>.
Ixm d m S ta n d a rd .
Bar g o ld , fln e ....o s s .
U .8. (told o o ln . ..u s.
•3ermrn g o ld oolti.o*.
French g o ld o o ln .o r .
la p a n e a e y e n ___ ox.

M a r.
2.
».
77
76
76
76
76

|

Feb.
23

d
t
9% 77
5 76
6 ;7 6
6 (7 6
4>s 7 6

Sj l v e b .
! L o n d o n S ta n d a rd .

d
O V B ar s liv e r .
5
Bar s ilv e r, oont& tn’ p
d o n R T S , g o ld .o * .
6
0 i d o 4 KTfi. g o ld .o * .
d o 3 BTS, g o ld .o * .
4 's
C ak e s tiv e r . ___ or,.
M e x ic a n d o lla r s , o x

M a r.
2

Feb.
23.

d.
277,6

d
277,8

2R
27%
2 7 e ,s
29*1 s
27

28
27%
27^1®
2O0i«
27

THE CHRONICLE.

501

lne following shows the imports of cereal produoe into
the United Kingdom during the first twenty-sis weeks of
the new season compared with previous seasons:
IMPOSTS.

1 8 9 8 -9 .
1 8 9 7 -8 .
1896-7.
Im p o rt* o fw h e a t .c w t .2 9 ,9 7 5 ,7 5 0 3 0 ,7 0 7 ,6 1 0 3 5 ,6 9 9 ,8 1 0 3 3 ,1 3 9 ,6 6 0
B arley
1 6 ,1 0 5 ,5 0 0 1 1 ,3 8 2 ,7 9 4 1 4 ,3 0 0 ,6 7 0 1 4,0 6 6 ,9 5 0
.......................... 8 ,0 9 0 ,4 7 0
7 .5 9 0 ,9 6 0
9 ,6 9 9 ,7 3 0
7 ,0 8 9,84 0
p eM
1 ,2 9 8 ,8 0 0
1 ,4 4 7 ,8 0 0
1 ,9 3 1,27 8
L 9 ;!9 ’ ®99
B e a n 's " " ................... 1 ,1 4 4 2 6 0
1 ,5 6 3 .9 4 0
1 ,7 2 4 ,1 5 0
1,9 7 7,03 2
I n d la n c o r n
............. 2 6 883 2 6 0 2 3 ,7 0 0 ,7 6 0 3 0 ,7 0 8 ,3 3 0 2 3 ,3 4 2 ,7 0 0
p C r . . . . . : : : . : : : . . : . 1 2 , 0 2 8 : 4 3 0 1 0 ,9 6 6 ,5 8 0 1 1 ,9 6 0 ,8 6 0 1 0 ,9 9 7 ,5 7 0

The following table shows the exports and imports o f
specie at the port of New York for the week ending Mch. 11
and since January 1, 1899, and for the corresponding periods
in 1898 and 1897.
EXPORTS AND IMPORTS OF SPECIE AT NEW TO R K.

oSt*f.1

Supplies available for consumption (exclusive of stocks od
September 1):
ig0g 9
1897.8.
1896.7.
189fi.6
W heat Im p orted , o w t.2 9 ,9 7 5 ,7 50 3 0 ,7 0 7 ,6 1 0 3 5 ,6 9 9 ,8 1 0
I m p o r ts or flo u r......... 1 2 ,0 2 8 ,4 3 0 1 0 ,9 6 6 ,5 8 0 1 1 ,9 60 ,8 6 0
g a le s o f h o m e -g ro w n . 1 7,6 5 9 ,1 9 4 1 5 ,1 2 5 ,5 1 2 1 4 ,1 0 7 ,2 8 3

3 3 ,1 3 9 ,6 6 0

T o t a l.........................5 9 ,6 6 3 .3 7 4
1898-9.
A v e r.p rlo e w h ea t,w eek .2 5 s. 74.
A v e ra g e p rioe, s e a s o n ..2 6 s . l i d .

5 2 ,5 2 3 ,8 3 2
i® 9 6 ’ ®
25s. 6a.
2 5 b. Od.

5 6 ,7 9 9 /7 0 2
1897-8.
25s. 5 d.
33s. lO d .

6 1 ,7 6 7 ,9 5 3
1896-7.
28s. 2d.
29s. 4 d.

8 ,3 8 6 ,6 0 2

The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:

[V ol. L X Y III

E xp orts.
W eek.

S in ce J a n . 1.

G re a t B r ita in ...........
$ 3 0 4 ,9 2 4
2 ,0 0 0

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

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

T o t a l 1 8 9 9 ..........
T o ta l 1 8 9 8 ..........
T o t a l 1 8 9 7 ..........

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

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

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

E x p o rts.
W eek.

1 2 ,0 0 0

The daily closing quotations for securities, etc., at London
are reported bv cable a s follows for the week ending March 17.

T o t a l 1 8 9 9 ..........
T o ta l 1 8 9 8 .........
T o t a l 1 8 9 7 ..........

B u llis h

F l n a u c la l .t la m e t s — P e r

L ondon

Sat

M on.

T u et.

Wed.

T h u rt.

Frx

27%
1 10 ’ ia
110-58
031 7 1 a
571*8
22%
63
90%
?0 %
28
1 30 %
22%
74*4
1412
39
117%
6514
14
138%
2b 34
66%
5314
81%
68
123s
34
18i*
1212
4 9%
46
80
22%

2 7%
1 10 9 ,,
110 34
103-20
58
22*6
63»s
90
60%
28
1S078
22
74%
14%
40%
117%
65%
14
138%
28%
0 5%
53%
81%
68
123s
3 4%
18%
12%
50
4 6%
8 0%
2 2%

27%
110%
r-o s s
0317%
5711,6
22
62%
88%
50%
27%
330%
22
74%
14%
40
117%
65®8
14
137%
28%
65%
52%
8 0%
67%
123g
34%
1 8%
12%
51
46
7 9%
223s

27%
110%
llO ^ s
03-17%
58%
21%
6134
87%
50%
27
130%
22
74
14%
39%
117%
66
14
136%
28
65%
51%
80%
67%
123s
33%
18%
12%
50%
45%
7 9%
22%

27%
1100, a
1100, a
x02*35
59
2 1%
6 1%
8 8%
50
27
1 30 %
21%
74
14%
3 9%
117%
65%
13%
136%
28
65
51%
80%
67%
12%
33%
18%
12%
50%
45
7931
2 2%

279,6
1109,6
110%
102-25
57% 22
6 2%
89%
50%
27%
131%
22
7 4%
14%
3 9%
118
65%
13%
138%
28%
6 5%
5 2%
81
6 7%
12
3 3%
18%
12%
50%
4 5%
80%
22%

® a ta u ie u c t a l a n d

m s

N ational B anks . —The following information regarding
■ational banks is from the Treasury Department.
CORPORATE EXISTENCE OF NATIONAL BANK EXTENDED.

2 ,4 1 7 .—T h e O sk a loosa N a tion a l B an k, O sk a loosa , I o w a , u n til M a rch
6 ,1 9 1 9 .
LIQUIDATION.

1 ,7 6 8 —T h e F ir s t N a tion a l B a n k o f S ag in a w , M ich ig a n , has g o n e in t o
v o lu n ta r y liq u id a tion b y res olu tion o f its s tock h old ers, d a ted
F eb ru a ry 6 ,1 8 9 9 , t o ta k e e ffe ct Im m ed iately.
8 ,6 2 0 —T h e F ir s t N a tion a l B an k o f W e n o n a , Illin o is , has g o n e in to
v o lu n ta r y liq u id a tio n , b y r e s o lu tio n o f its sto ck h o ld e rs d a ted
J a n u a ry 1 0 ,1 8 9 9 , t o ta k e e ffe ct M a rch 1 ,1 8 9 9 .

I mposts and E x p o r t s f o r t h e W e e k . — The follow iug aie
the imports at New York for the week ending for dry boods
Mar. 9 and for the week ending for general merchandise
Mar. 10; also totals since the beginning of the first week
in January.
FOREIGN IMPORTS AT NEW TORS.
F o r w eek.

1899.
# 2,6 80 ,4 0 1
1 2,6 41 ,8 7 7

T o t a l........
S ince Jan . 1.
D ry G o o d s ___
G en’l m er’ d ise

|

1898.

1897.

1 89 6

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

# 2 ,5 7 8 ,9 6 0
6 ,8 3 2,50 3

# 2 ,8 7 7 ,5 8 2
6 ,5 5 8 ,2 7 1

$ 1 5 ,3 2 2 ,2 7 8

# 1 1 ,7 2 9 ,9 8 0

# 9 ,4 1 1 ,4 0 3

# 9 ,4 3 5 ,8 5 3

$ 2 4 ,35 4 ,5 4 5
7 8 ,2 77 ,4 4 4

# 2 3 ,9 8 5 .5 0 8
6 5,5 6 9 ,3 9 8

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

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

T otal 1 0 w eeks $ 1 0 2 ,6 3 1 ,9 8 9

$ 89 ,5 5 4 ,9 0 6

3 9 3 ,7 5 4 ,7 3 1 $ 10 0 ,6 3 6 ,2 6 6

The imports of dry goods for one week later will be found
in onr report of the dry goods trade.
The following is a statement of the exports (exclusive cl
specie)from the port of New York to foreign ports for the
week ending Mch. 13 and from January 1 to date:
EXPORTS FROM NEW VORK FOR THE W EEK.

1 899

1 89 8 .

450

$ 9 ,4 3 5 ,6 7 5
2 5 8 ,9 4 2
8 00
3 6 3 ,6 9 7
9 ,6 0 0
1 3 ,3 3 5
1 ,305

W eek.

S in ce J a n . 1

$ 6 ,6 5 3

$ 3 2 ,5 7 5

"2 ,6 6 7
2 1 ,1 5 6
8 ,4 8 4

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

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

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

C a b le

8 ilv e r, p e r o u n c e ........ d.
C on sols., n e w ,2 % p .c t s .
F o r a c c o u n t ..................
F r’ ch ren tes (in Paris) fr.
S panish 4 s ........................
A tch . T op . <fc S an ta F e ..
P re fe r re d .......................
C an adian P aoiflo............
C entral P a o iflo ...............
C hesapeake & O h io.......
C hic. M il. & St. P a u l....
D en . & R io Gr. c o m ___
Do
d o P re fe r re d ..
B rie , co m m o n ..................
1st p re fe rr e d ................
Illin o is C en tra l...............
L o u is v ille * N a sh v ille.
M o. K a n . & T e x ., c o m ..
N. Y . C eut’ l & H u d s o n ..
N. Y . O n tario & W est'll
N o rfo lk & W e s t ’ n p re f.
N orth ern P aoiflo, corn,.
P r e fe r r e d ......................
P e n n sy lv a n ia ................
•Phila. & B e a d ..............
•phU a.& Read., 1 st p ref.
‘ P hila.& R ead .. 2d p ref.
S ou th 'n R a ilw a y , co m ..
P re fe r r e d ......................
D n io n P a oiflo...................
N e w p r e fe rr e d ........... .
W abash, p r e fe rr e d ........
* P r ic e p e r share.

D ry G o o d e ___
G e n T m e r’ dlee

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

Im p o r ts.

S in c e J a n .l-

W e st I n d ie s ...............
M e x ic o ........................
S ou th A m e r ic a .........
A ll o th e r c o u n tr ie s .

1897
1 ,9 9 5 ,0 (0

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

S ilv e r.

9 6 0 ,0 0 0

1898.
2 ,7 2 5 ,0 0 0
4 4 0 ,0 0 0
6 4 5 ,0 0 0

S in ce J a n . 1.

W est I n d ie s ...............
M e x io o ........................
S ou th A m e r ic a .........
A ll o t h e r co u n trie s .

$ 1 ,0 8 9 ,5 0 5
19,4 92

L a st w eek .
2 ,0 8 5 ,0 0 0
4 3 0 ,0 0 0
6 4 0 ,0 0 0

W eek.
$ 9 ,3 4 5
2 8 8 ,5 0 0

G re a t B r ita in ...........

T h u w eek.
W h e a t................q r e .. .. 2 ,2 8 0 ,0 0 0
F lo o r eq u a l to q r s ... .
3 9 0 ,00 0
M aize .? . . . . are. ..
5 8 5 .00 0

Im p o r ts.

G old.

1897.

1896.

F o r th e w eek..
P re v . rep orted

# 9 ,8 78 ,2 2 9
86,4 79 ,7 7 2

$ 1 1 ,9 0 2 ,8 3 8
8 1,7 15 ,2 1 5

# 7 ,0 15 ,8 3 4
7 0 ,0 5 0 ,0 8 0

$ 8 ,5 4 5 ,2 2 6
t 9 .4 5 3 .3 l9

T otal 10 w eeks

# 96 .358,001

$ 9 3 .f 18,053

$ 7 7 ,0 6 5 ,9 1 4

$ 7 8 ,0 0 3 ,5 4 5

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

House Banks.—

New York City Clearing
Statement o f
condition for the week ending March 11, based on averages
of daily results. W e omit two eivhers fOOJ in all cases.
S p ecie.

L eg a ls. D ep osit*

4*nk o f N ew Y o rk .. $2,000,0 $1,870,5 $15,230,0 $3,100,0
Manhattan C o__ . . . . 2.050.0 2.050.0 18,208,0 5.659.0
Merchants’ ............... 2,000,0 1.025.4 16.330.0 4.190.8
Mechanics’ ............... 2,000,0 2.017.1 12.300.0 2.073.0
A m erica .................... 1.600.0 1.500.0 25,080,5 7.155.4
4.961.0
226.3
P hen ix....... ............... 1,000,0
900.0
1,000,0 4.472.5 87,324,9 31,069,7
C it y ..........................
300.0 6.464.0 27.005.1 9.984.0
C hem ical......... ..........
5.088.1 1.334.0
168,0
600.0
Merchants’ E xoh’ ge
8.310.8 1.610.0
a alia tin....................- 1,000,0 1.722.8
112,2
1.053.9
247.2
Butchers’ * D rov’ rs’
300.0
1.038.0
159.6
Mechanics’ * Trad’s’
400.0
301.0
103.2
Greenwich.................
200.0
990,8
164.4
4.684.0 1.455.8
Leather M anufao’rs
477.8
600,0
2.218.2
130.7
551,8
300.0
Seventh......................
496.9
494.3
4.176.6
State of N ew Y o rk .. 1,200,0
27.780.0 3.055.0
American Exchange 5.000.
2.605.9
0
29,365,3 2.829.9
3.569.1
0
C om m erce................. 5.000.
7.439.4 1,790,7
1,612,0
0
Broadway................. 1.000.
M ercantile............... 1,000,0 1,024,4 13.809.2 3.499.4
472.8
529.1
3.070.7
422,7
P a oiflo.......................
844.1 20.953.2 5.623.0
R ep n b lio................... 1.500.0
6.871.2 1.080.1
980.6
Chatham...................
450.0
322.6
263.7
2.011.4
200.0
People’ s ...................
671.1 14.892.1 2.909.4
700.0
North A m erioa.........
H a n over.................... 1,000,0 2.295.3 40.670.2 11,397,9
673.7
3,000,0
360.6
500.0
Irv in g.........................
376.5
770,5
Clti »ens’ ....................
2.060.0
600.0
395.7
2.050.0
257.5
500.0
N assau......................
953.7
6.752.4 1.791.5
Market <fc F u lto n ...
900.0
158.8
878.7
3.009.6
S h o e * L e a th e r..... 1,000,0
Corn E xohange....... 1,000,0 1.307.6 10,371.7 2.284.3
7.068.6 1.732.0
577.6
Continental............... 1,000,0
108.4
408.6
2.100.7
O rien tal.....................
300.0
Importers’ * Trad’rs 1.500.0 5.605.9 27.032.0 5.318.0
P a rk ........................... 2,000,0 3.193.0 50.233.0 17,075.0
209.5
1.381.4
146.0
Bast R iv e r................
250.0
2.045.2
20.795.3 5.777.0
0
F ourth....................... 3.000.
12.938.0 2.923.0
464.7
0
C entral...................... 1.000.
713.8
7.427.0 1.381.0
300.0
S econd............. - . . . . .
497.5
2.918.2
253.6
750.0
N in th ......... ... .. ..
500.0 7,656,8 38.579.0 8.246.6
First ...........................
53,4
292.7
1.783.8
N. Y. N at’l E xoh ’ ge
300.0
618.2
488.0
2.912.0
250.0
Bowery.......................
440.5
783.0
3.809.0
200.0
New York C ounty..
573.5
3,099,7
283.5
German A m erican..
750.0
Chase.......................... 1,000,0 1.252.4 36.320.4 10,912.4
8.498.2 2.060.3
100.0 1.170.2
Fifth A venu e............
2.044.4
573.8
302.6
German E xohange..
200,0
598.8
739.0
3.413.4
200,0
Germania.............
8.910.0 2.051.4
773.9
300.0
L in coln ......................
869,2
6.160.4 1.430.0
200.0
G a rfie ld ............. ..
2.034.5
325.7
456.9
200,0
Fifth...........................
0,001,2 1.197.0
843.7
Bank o f the M etrop.
300.0
304.1
200.0
2.608.0
371.0
West Side............. .
413.2 12.025.0 2.502.0
500.0
Seaboard. ----4lxtb—Consolidated w ith A s tor Natl onal.
943.2 34.488.0 8.505.0
W estern.......... ...
2,100,U
940.4
4.868.0
300.0
980.8
First Nat. B ’ k ly n ...
Nat. Union B a n k ... 1.200.0 1.084.1 17.220.4 5.330.1
358,0
4.240.1 l ,l '0 ,5
500.0
L ib e rty ...............
321.9
4.003,0
790.9
N. Y. Prod. E xoh’ ge. 1,000,0
320.4
250.0
3.818.9
054.2
I k .o f N. Amsterdam

$860,0 $15,500,0
1.871.0 22.921.0
1.100.3 20.330,4
700.0 12.014.0
2.023.5 32.289.3
201.0
4.029.0
2.233.0 115,543,0
1.672.3 32.182.7
400.0
0,693,1
7.251.7
689.0
1.249.8
140.4
1.780.0
151.0
994,7
245.5
5.294.9
270.0
2.733.9
150.2
3.579.5
349.1
3.398.0 23.564.0
3.480.5 24.413.4
7.367.5
188.1
068.7 14.890.1
3,580*2
377.1
540.8 24.637.5
7.214.5
870.6
2.897.7
618.1
890.0 17.272.8
2.174,9 52.289.0
4.240.0
563.8
3.089.0
103.4
3.138.7
303.3
7.902.6
651.5
4.209.1
221.3
832.0 12.002.4
8.694.4
410.3
2.050.0
320.0
985.0 27.885.0
2.661.0 05.697.0
1.393.0
114.2
2.471.4 30.440.7
950.0 10.325.0
8.367.0
586.0
3.072.0
244.1
992.3 40.128.2
1.918.7
303.4
3.620.0
310.1
4.212.9
301.6
3.152.5
285.8
5,001,8 49.931.3
9.842.3
480.5
3.248.4
908.2
5,039,3
681.7
154.9 10.489.8
7.683.7
593.0
100.0 2.313.1
7.070.0
545.2
2.859.0
404.0
1.085.0 14.804.0

............. 67,872,7 75,728,0 777,545,7 1902001

53*668,7 000,655,2

B an ks.

T otal

C apital S u r p l’ s

L oans.

1.809.0
776.8
450.1
305.1
7H,9
267,4

40.566.3
5.343.0
20.180.5
5.252.8
3.533.7
4.108.1

New York City, Boston and Philadelphia Banks.—Below

we furnish a summary of the weekly returns of the ClearingHouse Banks of New York City, Boston and Philadelphia.
The New York figures do not include results for the uonmember banks.
4 ANKS.

N. V.*

U apuai <fc
Surplus.

9
Feb. 18. 133,480,0
“ 25.. 133.000.
Mar. 4.. 133.000.
“ 11.. 133.000.
B os.*
Feb. 25., 08.587.3
Mar. 4.. 08.587.3
•• 11.. 08.587.3
P h lln . *

Feb. 25.
Mar. 4.

“ 11.

Losns.

Specie.

Letals.

Deposit y

9

9

9

9
897,172,3
910,573,6
914,81u,3
900,055,2

758,611,0
7
771,574,9
780.007.7
7
7
777.545.7

2021353
2020583
1984071
1902001

197.866.0 19.028.0
194.936.0 18.741.0
195.950.0 18.230.0

35.388.0 130.413.0
35.388.0 131.195.0
35.388.0 131.405.0

50.531.0
55.320.0
54.873.0
53,600,7

7.255.0 240.104.0
7.038.0 235.372.0
0,974,0 231.830.0

50.444.0
49.014.0
47.433.0

157.591.0
150.639.0
154.429.0

(JircTr. Cleans
14,?U2,3
14,510,3
14.495,2
14,408,5

9
905,777,9
11732315
13920906
12018794

5.086.0 123,933,5
5.093.0 143.629,8
5.108.0 127,579,0
0,049,0 88.456,4
0.001,0 111,480,5
6,049.01 93.903,

* We comit two ciphers in all these figures.
t Inluding for Boston and Philadelphia the item “ due to other banks.”

R eports of Non-Member Banks.—The following is the
tatement of condition of the non-member banks for the
week ending March 11, based on averages of the daily results
We omit tvx> ciphers COO) in all cases._______________________

9

. 350.0
100,0
OoIoilUL-----OladblA— ........ 300.0
Eleventh W ord-----J 100,0
. 10
100,0
JPomiteentlx Street-)
L 200.0
. 200.0
Ganee voort -

200,0
500,0
. 100,0
H om e,........ . . . .
. 200,0
H udson R iver.
250,0
Mo ant M orris.
. 200.0
MafciAi.........
K lneteeutli W ard. 100.0
. 100.0
. 100,0
R iverside...
, 100.0
S ta te ...........
. 200,0
. 100,0
200,0
Union Square.
100,0
Y o r k v l l l e .........
A jto r N at'l Bank-.. 350,0
BSOOCLTN.
150,0
Bedford...............100,0
B roadw ay----B r o o k l y n J 300,0
100,0
Ktr&tfa W ard----JPirth. A ven u e....... 100,0
200,0
•rnlton-................
B ln g9 County....... 150.0
Mahufact'ra^ Nat I 252*0
500.0
M echanic*........ ...
M ech’a* A Trade * 100.0
Nassau National. 300,0
300,0
100,0
H orth S id e .....
100,0
People* a.-----. . .
loo.o
Qaeeae Co. (L .I
100.0
B oherm erhom .
100,0
200,0
V 100.0
100,0
Union.100,0
EiBiltOH...

oth*mc r x tn .

DeposeLt. Vfith
U q I.
Net
Loans*
Other
Invest­ Specie. 3rB’fc Clear
Dt
Notes. Agent. Bks.tkc posits.
ments.

Sur­
plus.

1Gapii ta l

Ajtor Place.......

400,0
250.0
I Nat., Jar. City.. 250.0
200.0
110.0
125.0
25,0
100,0

$

374,8
69,1
184,0
110,1
51,5
1,2
15,1
03.2
212.7
83.3
100.3
00,5
111.8
25,3
114.7
103.1
93,0
115,5
43,5
293,5
128,5
144,1
113.9
118,9
107,0
35,5
53,0
108,8
56,0
412.0
4U1.9
192,6
557,5
544.4
119.5
108,0
123,8
55,3
08.9
208,7
54.4
50.4
38.7

f

2.005.9
814.0
2,049,0
1,258,0
800.3
153,0
037.9
1,802.3
2,221,9
533,7
1,337.0
1.498,8
845.7
092,1
1.832,5
850,0
1,808.0
L097.7
834,7
2.263,9
1.318,5
3.398,0
1,105.4
1,399,0
1,159,7
288,2
537.8
977.0
067,7
2,204,3
2,318,4
914-9
3.316.0
2.330,0
71V.4
877.8
1.79B.0
503,»
457.3
1.013,0
351.3
277,2
485,7

8
183,0
19.3
82,0
40.2
18.2
i.O
23.1
43,8
178,7
81,0
43.0
01,0
19.7
20.0
58,4
9,5
00,0
33.3
20.0
63.8
101.2
003.0
24,8
30.9
74,3
14.8
20.5
59.4
41.1
23*2.7
110,3
59,1,
180,0
i4?,0
11.3
37.5
89,5
25.1
7.7
98,4
14.4
8.5
12,0

9

%

30,8 218.9
70.4 146,3
58.0 131,0
49.5 344,3
100. L 164.0
15,0 57,0
43.0 34.0
94.3 126.2
227,8 131.2
41.7 47,7
97,0 189.0
320,4 200,0
119.0 218.0
10’J.il 108,7
92.5 1*23.6
39.8 74.9
33,0 85,0
124.4 ; 110,0
03.4 7kt
231.0 432,4
82.7 175,2
164.0 333-0
86,6 103,8
11/5.8 104,0
43,4 113,0
24,5 t o .s
23,1 73.9
40.9 321.7
38.7 77.8
373,7 SOLS
107,3 153.7
40.0 150.3
218,0 430.0
377.0 432.0
59.9 30.1
35.4 03.4
91.8 239.0
27.3 254.0
33.2 53.0
8.5 350.0
24.2 152.9
17.1 31/2
43.0 102,4

9

335.7
204,0

$

2,890,8
1.049.2
2.173.0
1.588.7
___ 1.018.0
82.0
80,4 028.3
—- 1.429.8
100,0 1.815.3
17,3 579,1
1.398.0
258,3 2.033.8

157,1 1.L0J.8
107,S 1.092.8
. . . . 1.803.7
835.4
137,0 2.111.0
103,1 1.478.9
U3.H 1.078.6
2.851.8
205,8 1,888,1
— 4,000,0

100.0
05,6
30,3
33,0

1,238,2
1.531.4
1.157.6

280.4

536.8
999.0
841.0
2.820.7
2.556.8
1.035.8
3.944.0

73,7
40.0
274,0 3.107.0
645.1
18,8 877.5
92.5 2.088.4
653.4
47,8 438.8
13,0 1.070.0
0,9 452-7
34.2 217.3
151.4 662.1

4.090,4 107.3 204.3 502.1 420.1
2,151.2 ioe.1 69.0 HI.3 asi.o
1.495.0 0:0,3 57.4 3*t.e
! 1,459,4
9OC.0 2-0. > 76,7 U»0,1 3S9.8 1.194,7
1,563.1 105,5 27,8 99.8 243.8 1.543.4
777.0 49.0 46.9 70.9 293 4 1,077.6
464.2 16.4 17.7 00.4
0.7 512,7
020,5 1».» 23.0 134.2
838,3
xcftxa.l,7*v> 66,&x*,J 3A41J 437*3
4U353
74 91**3
^ c6j,o 3,76o,3 0j.7O«* 1,700.7 e.llj.j C.JOS,»:s.0y7,7 74*1503

Total* Mcft. A.
Tetai* Feb. 25 ..

777.7
520,2
30V.8
197.3
*35,0
83,4
45.9
73.4

743*0.0

Q & a jty o jS o f bJJ99* t.Z V A 4B<” J OJ*7 .0 4

B r e a d e tu lT a

505

THE CHRONICLE.

March 18, 18«8.

F l « o r f '«

flr o u v tii

P rom

F aso

*> 3 5 ,— T n e

statements below are prepare*! by us from the figures c o l­
lected by the New Y ork Produce Exchange. The receipts s i
W estern take and river ports for the week ending M a r.ll, and
since A u g, l. for each o f the last three years, nave been:

Wheat,
E x p a ts from— bu*A.
Sq k Y xjix....... 408.702
Boston............ 158,277
Portland, Me. 2SI.P57
Philadelphia.. 137.00}
Baltimore —
16,000
tfew Orleans.. 1S0.493
Xewro'rt News
Halveston — 497.200
Charleston....
........ .
Mobile - ......................
3t-John,N . B. 57,063

Corn
bush.
550,614
278.191
144.274
958,935
840 570
540.948
1S4.285
46S.W9
17,609

Fiour,
bbls.
03.697
35.461
13.010
80,370
133.449
21.688
8.242
39. SO
212

Oata,
bush.
95,448
161,350
84.917

1.731
27,135

45g
71
1.854

” *1.815

Total w eok-t.'O l.lflfl 3.9SLOS3
Same time ’93 1,876>v0 3.180,719

20,170

Rye,
bu$h.
28,420

Peas,
bush
3,887

bush.

27.626

107,142
42.857

.......

10.000

18,9.5

403,723 398,163
335,982 1.450.503

14S.419
291,450

1.7,321

7,990

48.734
71,110

7,990
110,335

The destination o f these exports for the week and since
September 1, 1898, is as below.
-----------flour.----------. --------- W h e a t. ------ ,---------------- Corn .— ------,
W eek
Since Sept.
W eek
Since Sept.
Exports fo r
^ rek
Since Sept.
Mar. 11. 1, 189S. Mar. 11,
i, 1898
*>uk and ttnes Mar. 11. 1.1899*
i> iw h .
Sept. 1 to—
noU,
bbls.
United Kingdom 3-1*45 6.9U.098 1,099,'69 47.482,033 1,841,891 43 931.241
802,527 89,8*0,941 2.123,752 47.014.180
Continent........... 55,130 1.048.307
103,300
310
66.075
8. A C . A m erica. 12.359
r*H.21o
...............................
14,767
480.3S7
West Lndted.......
28.608
710.128
8r. N. A m .C olo’a
2.7e3
130. <48
........
........ .
173,810
......
610,152
8,362 1,075,039
>tber coontrlea.,
4,319
276.839

tiUSh.

bush.

bush.

T >tal
... 102,724 10.403,503 1,791.700 87.0-5,573 3.934.083 93.659.232
T o A l IK S . . . . . . 3:15,98,: 8.37t,766 I.ST6.00W 73,727.196 3,188.719 9S.973.942

The visible supply of grain, com prising the stocks in
granary at the principal points o f accum ulation at lake and
seaboard porta. Mar. 11, 1899, was as follow s.
*
In store at—
New York........... .......
Do
afloat..........
Albany........................
Buffalo .....................
Do
afloat........
Chicago.......................
Do
afloat........
Milwaukee..................
IV>
afloat..........
Onlnth ......................
Do
afloat..........
Toledo
Do
afloat
Detroit .......................
Do
afloa t.......
jsweire*............. ......
3* L o o t * .............
Do
afloat........
Cincinnati. . --------

Wheat
bush.
3.005 nor
8.000

Com
hush.
SiO.OOO
0,000
47.000
*0.66*'
208,000
11.852 <*'•
S.tiO OOfl
l.ncO
1.06 O.OC'O
6,015 OOv

Oaf4
bush.
330.000

i?y«.
bush.
63.000

Barlei*
bush.
177,000

1.517.6*70
JOO3.C00
0.0ot»
742,000
3,022. OOt

24.000
409 66
137.000
7.1XX300.000
270.OUV

842.000
160,000
120.000

1.114,066

94.QCO

3,000

274.000

453.000

l.iko

0.00c

4,000

1,024.00**
13,000

n p.ooo
i.^ -S O r
07,000

8,000

lb.000
15,000

21,000

98,000

1.339.000
iAb7.tr
176.000
46 268 000
W8.000
48j o t 0

;*75,0<k
Toronto ....................
74,00<
Motitrr ti...................
VO.IXW
Phlladeipbta........ ..
351.000
i*e*>r!a........................
ll.OuO
Indiana p o ll* ..........
76.000
•M6.000
Xanaae
----- -----OaimaK-re..................
t ia w v
VUoneapolls
...... 7AM.bm
On Mi*«i$*ippt River.
41 COO

40.000
2,000

l i 8.600
40.000
5^,OOv
210,000
17,000
301,000
1*1.00<
164,000
30. OK'
11.000
14\00fl
2.209.OOC

967,00f
m.ooc
l.D.SO.OOd
700,000
180.OOC
.'.<12.000
l,*SU,00t
t.7JMUW
234.000

)n canal and river. ..
Total
Total
Total
Total
TouU

Mar
liar.
Mar.
Mar.
M ,r.

11 i^vP
4, 1HV0
1* 1*»8
13.
I t ixws

29.799,070
vy,477,OOo
i t 415.000
41.44»,000
a«,iJSuo-

3t/33,OOC
> w «o«
4Y.057.900
20.706,000
l*,Vil0.0Ot

10.013.000
10,013 000
li.-ilVl.OOO
18,628,000
7,410.000

3,00r
47.000
3,000
1,000
10.OOC
117,000
39,000
•*•**♦•
...........
1.6128,000
1.642,000
3.400,000
3.010.001.
1,407,000

627.0C0

450 00C

17,000
6,000
54,C<00

79,000

2.005,000
2,603.000
1,05*3,000
3.15O.00C
1,533.000

• Last » M l ,.to o k * , this week’* not received.

Anctlon Sales.— Among other securities the follow ing.net

regularly deal! in at the Board. w ere recently sold at a u ction
Flour.
Wksal.
Com.
Oatu
Barley.
2
By Messrs. Adrian H. M uller & Son :
Sbls.mibs Bush.#) tbs nu*h.Mlbt DushJMibt Bush.iMbt 9u.se
S h a re t.
Shares.
94 1W
lil.aro 2*420 971 1.01M01
OUlOMO .....
306,820
45 260 1 0 R e a l F.*t. E x . A A u c t io n
2 0 F o u rth N at. B a n k ...........182
BecHpU at—

MIlw»ak««
Dutatb......
IlixmjMpotu,
ToHOo........
Detroit .....
C!«v«1*zi4 ...
84. Loal» . ,,
P«ortA
K»n*«s CityTot-wk.*®©.
8*m« wk.*96
S«m« wk.'97.
Sines Auq, 1.
3S8M-9©.......
.....
LSCMVfrT. ...

760
2.649
16.78H
«0*:o
28^76
9,800
170J38
2S0,*77
160,196

W0 4#l
940.380

60^50
347,850}
4ffl^76
287 «)0
264,98)
*I8.tro'
84.708
2ll.4tO
67.000
02.A40
29.090
25 0001
39,810
130.139
78.213
78,911
26U3Q
St 1.8ao!
0,«X)
297.8*0
103,460
467,260
106.740
39,0001
4,<779,846 4.876,713 3.430.93a
3.991.300 6416.708 3^0.460
1693^529 3*0&rj2i7 2.604.633

133,071
22,107

48.0 <
7 804

0.163

20.011
3,719

750
15,COO

17.60 *
0,1€O

670.042
669,581

107^77
106,407
50.86*

9,940 450 2l3,»64.4i» 151,254.637 114.550,863 31.liH.732
7.112,161 174,001.073 163,006.970} 110.210,502 M u a
m s x . m loe.rn.siylu# sts.soti 82.436.688
Tne receipts o f flour and grain at the seaboard ports
w eekended Mar. 11, 1899, follow :
flour,
Wheat,
Cbm,
Barley.
Oats,
B xttpu at—
bbls.
h-*4h.
6u$A.
bush.
Turk............. ... 129,019
850,v00
672.730 793,700
2,025
B'ittun..............
56^04
4A
3.701
170.061
Montreal..........
2,291
64.888
000
......
22.480
719,240
129>83
17.000
fJ*IUro-'r«.........
41.041
076,898
06,717
Ri.nhmood...... . 3,600
10.®5*5
13.9
N*i* Ori«An*-.
...
14,224
241,700
412,045
00^76
N*wps,rt
...
3W.2?6
462.0W
19.000 •........
Norfolk
164.2-5
0«t2TfMW>C
tsbjn i
2M0O
1,400
PortUnd. Me .. .
281^87
114,274
31.047
Pen$JVCoU
*50
.. .. ,,,
1.845
Mobile,................ ...
71
1,781
8t.2obu. ?f. B ....
67,068
27.136
1S.906
7,990
........

«5.S«*

8.439.032
8,372 044
5 811.97
for the
Rye,

18,000
27.000
♦2352

13tS.TR 4.000.S18 M U.W S

K .U 5
«7.Si
ldfJHI
1V7,:
131.841
197,8
« • » OrUsn* tor torsi

W
#B> tans............
1,77a.101
------------------*.......... 4U
' 2j>%i l.»7e,MI a,«M479 i.MV.lVl
‘»™ «»

Port* <m tnr<>a?b bill* o t ladlne.

Total receipts at porta from Jaa, 1 to 51 ir. It com pare as
follow s for fou r years:
H ptS O fflo u r

Wh#*t
Corn
Out* ...
BarleyRye ...
Tatsl

bbi*

4.30).070

bU*b. 24,192,134
'• U rM iM s

srslo....

w
-

io.077.2t l

••

7X11,,7*1

I
4.(>00.089

1M<H488

41,

IH07.
2.911,107

18P6
8,017,507

4-041.051

2,700,409
14,780,079

I.S0*.?3t
*.745,9*2

*0.295,175
11,006,127
1,887.-0*1
1.146,904

M.771.SS1

<HWS,eea

0,910,3*2
1.240,313
229, Hm

U.m.oJg

T h e exports from the several seaboard porta for the week
ending Mar. 11, 1891. are show n in the annexed statem ent:

B oom . L im it e d ............... *0 *t
2 5 S ta te T ru »t C o .................. 390
10 T lU e final-. A fr o n t C o . .3 2 5
41 T itle G u ar. A T r. C o . .3 2 6 -3 2 7
8 C o m E x ch a n g e B » n k . 3 : l - 3 2 5
5 0 S ix th A v e n u e R R . C o ... .2 0 5
8 0 M echanic** N at. H a n k .. ,2 0 i
175 N at. B a n k o f th e S ta te o f
F lo r id a a t J a o k so n v ille ,
3 8 G re e n w ich B k . o f N. Y ..1 8 Q
F i a t H y o o t h 'd .) $ l O o e a . 2 0
3 C hem ical H at- B a n k . . . . . 4 151
2 0 L o n g I*:. I. an A T r Co.2ftS
B on d o.
3 U nit. N. J . HR. A C . C o » .2 7 i “« 9 1 4 0 0 4 U n io n El. R R .C o . 2d
PO A m e r ic a n S u rety Oo....... 2 2 3 tt
Inoo. h o n d .s o r lp o tf. o f d op . fO
10 B an k o f H. T .. N. B. A . . 2 4 -lft 895 ,O O O L oba n on S p rln gs R R ,
100 C hatham N at B a n k ....... 3 2 0
Co, 6*. d u e 1 8 9 5 ..................... 1 0
8 9 5 0 ,0 0 * T h e N iag a ra F . A
50 N a tio n a l P ark B an k.......5 1 8 ^
L e w . R R . 1 s t 5s, g., 1925.
19 B ro o k ly n T ro a t C o .........4 0 5
4 0 X Y . L ife In*. A T r. C o.. 1 430
J u n e , 1 8 9 7 , o o u p o n s o n ___ 5 0
$ 2 3 8 ,4 0 0 E rie A C en. N Y.
5 I m p o r te r * ’ A T ra d e rs ’
N ational B a n k ................ 831
R y . 1st Oa, k , 1 91 5 . w ith
12 B k. o f H ew Y o r k . N. B ,A .2 4 4 t«
p r iv ile g e to s e lle r to d e liv e r
4 0 H at. B ro a d w a y B a n k ... 2 4 0
a fu rth e r lo t o f $ 1 0 , i OO o f
1 00 P a d O o F ire In*. C o .. . . . I 7 e i *
sam e Issue a t th e p u rch a se
3 T w e lth W ard B a n k .......... 148
p r ic e w ith in 8 0 d a y s ............. 55
$ 1 0 0 ,0 0 0 B risto l L a n d O o , 1st
1 0 ik m ttn e o ta l Ins, C o . ..5 1 1
4s, 1900. A A O . A p r ., 1 8 9 3 .
5 0 F a rm e rs' L o a n A Tr. Co. 1 400
4 0 C o n tin e n ta l N a t. B a n k 133
c o u p o n s o n N os. 5 1 to 100,
5 0 A m er. K xoh. N at. B an k .1 7 69 *
I n c lu s iv e ........................... $ 8 2 5 lo t.
$ 2 0 ,0 0 0 S a r a to g a G a s A E le c ­
8 Im p o rte r* A T ra d e rs '
t r i c L. C o. In co m e b o n d s ...
5
N ation a l B a n k . . . ............ 5 31
8 U nion T ru st C o ................. 1391

By Messrs. R. V. Harnett & C o,:
B on d s.
$ 2 5 ,0 0 0 D e n v e r P a p e r Co.
7s. $ 5 0 0 e a c h .............$ 5 0 a b o n d .

Share*.
6 W e ste rn N at. B a n k ..........215>a
9 5 0 A m er. P u b ’r s ’ C o rp ..co m .$ 5

Banluno and financial.
Spencer Trask & Co.,
BANKERS,

2 7 * 2 9 PI KE STREET,

.

.

.

NEW

YORK.

65 Slate S treet, A lb a n y .

IN V E S T M E N T S E C U R ITIE S.
GKOROB B a b c l a t M o f f a t .

M

o

f f a t

aluxahokk

&

W

M. W h i t e , J b

h i t e

,

BAN KERS
No, 1 N A S S A U S T R E E T ,

.

.

.

NEW YORK .

IN V E S T M E N T SEC U R ITIES-

THE

506

[VOL. LXVIII,

CHRONICLE.
Posted rates of leading bankers follow:

b a n k e r s ' © a ^ je t t e .

M ar. 17.

S ix ty d a ys.

D em a n d .

D IV I DE ND S .
N am e o f O om p a n y.

P er
Cent.

R a i l r o a d s (S t e a m .)
Cltio. & N o. W e s t . p ref. (quar.) “
it.
C blc. R. t. & P acltto (q u a r .)........
M a n h attan (q u a r .)........................
i
N. Y . N. H * H a r tfo r d (q u a r.).
2
P itts. Y o u n g s. <St A sntalutia, com
do
do
p r e f ........ | i *
R io G ran d e W est., p ref. (q u a r .)- 1 i t .
4
S u n h u ry & L e w is to w u .................
U n ite d N .J. HR. * C. gu ar, (qua.) | 2(a
stre e t R a ilw a y * .
3
C h ica go C ity R y . (q u a r .)...............
iti
F a irh a v.iS W estv. E lcc.(N .H .,C t.)
T w . C ity R .T . (M iuu eap.) p f. (qu.)
3%
W est E n d St., B o sto n , c o m .........
T r u s t C o m p a n ie s .
F ra n k lin . B to o k ly u (q u a r.).........
2 >a
4
M e rca n tile (q u a r.)...........................
M is c e lla n e o u s .
3
A m e r ic a n B ell T elep h on e (quar.)
A m er. BteeKfe W. o f N. J .,p f. (qu.)
14.
IS.
A m e rio a n T in P la te, p r e f.............
E x p lo r a tio n S y n d ica te (q u a r .).. $ 2 50
M e rge n tlia ler L in o ty p e (q u a r .)..
2 ia )
do
do
(e x tr a ).)
2ia 5
O tis E le v a to r , p r e f..(q u a r .)........
Iks
l
)
P a cific C oast, c o m ............................
do
1 st p r e f...................
2% >
2 )
do
2d p r e f....................
2
P . L orillard , p ref. (q u a r.).............
S tand ard G. L. o o iiM q u a r.).........
1*3
U n io n F erry (q u a r.). . . .................
*2
3^1
U n ion T j p e w n te r , 1st p r e f .........
do
do
2d p r e f .........
U nited G as Im provem en t (quar.)
f
*
U n ite d Shoe M a ch in ery, corn ___
do
do
p r e f ___
U n ite d States O il- (q u a r .)............. 5 0 c . )
do
do
( e x t r a ).............. 50o. 5
W estin g h ou se A ir B ra k e (quar.).
2ks)
do
do
(extra )
2ia f

W hen
P ayable.
A p ril
6
M ay
1
A p ril
1
M arch 31

B oo lee closed.
(D a y s in c lu siv e .)
M ar. 2 3
Mar. 31
Mar. 18
Mar. 19

to
to
to
to

M ar. 29
A p r. 9
A p r. 2
M ar. 31

M a rch 25 Mar. 16 to M ar. 24
May
1 M ar. 25 t o -----------A p ril
1 -----------to --------------A p ril 10 Mar. 21 to M ar. 31
M arch 31 Mar. 1 7
---------- 1 M ar. 28
1 Mar. 19

A p ril
A p ril
A p ril
A p ril

to
t o
to
to

A pr. 1
M ar. 28
A p r. 1 5
Mar. 2 6
M ar. 19

to
to
to
to
to

A p r.
A p r.
A p r.
A p r.
M ar.

14
la
29
1
31

A p ril ) 5 Mar. 2 6 to A p r. 16
A p ril 17 A pr.

8 t o A p r. 17

A p ril
1 M ar. 28 t o A p r . 2
M a rch 31 M ar. 21 t o M ar. 31
A p ril
1 M ar. 2 1 t o A p r. 2
1 Mar. 1 8 t o M ar. 31
A p ril 15 ------------ t o ------------

A p r il

A p r il 15 A p r.
A p ril

1 t o A p r. 14

1 M ar. 2 2 t o M ar. 2 7

A p r il 10 A p r.

United States Bonds.—Saies o' (government bonds at tne
Board include $20,0004s, coup., H25, at 128%; $5,0004s, coup.
1907, at 113; $6,0u0 4s, reg, 191.7, at 111%; $3,(00 5s, coup., at
112; $206,400 3s, coup., at 107% to 107%, $4,500 ditto (small
bonds), at 107 to 107%, and $•<,500 3s, reg., at 107% to 107%.
For yearly range see seventh page following.

M ar. 2 0
-----------Mar. 31
M ar. 31

1 M ar. 2 5 t o M ar. 31
1 M ar. 25 t o M ar. 31

A p r il 15
A p r il 15
A p ril 29
A p r il 1
M arch 31

P rim e b a n k e rs ’ s te r lin g b ills o n L o n d o n . 4 8 4 '©4 8 4 ^
4 86%
4 8 2 ifl® 4 82%
D o c u m e n ta r y c o m m e r c ia l............................ 4 82 •®4 83
P aris h a n k e rs' (fr a n c s ).................................. 5 2 1 78 ^ 213ie 519&16 ^193©
3 9 78®391616 4 0 ® 4 0 lte
A m ste rd a m (g u ild e rs) b a n k e rs ...................
9 4 *s '© 9 49 ,6
F r a n k lo r t o r B re m e n (reiofim ark s) b ’ k ers
9 5 l i « ,® 95*2

1 t o A p r. 10

W A L L S T R E E T , E E 1 D A V , M A R . 1 7 . 1 S 9 9 . - 5 t*. M .

In terest M a r.
P erio d s. 11.
2 s........................... re g .
3 s, 1 9 1 8 ............. reg .
3s, 1 9 1 8 ........... co u p .
3 s, 1 91 8 , s m a ll.re g .
3s, 1 9 1 8 , s m a ll..c ’ p.
4 s, 1 9 0 7 ............. reg.
4 s,1 9 (> 7 ........... ooup .
4 s , 1 9 2 5 ............re g .
4 s, 1 9 2 5 ............cou p.
5 s, 1 9 0 4 ............. re g .
5 s, 1 9 0 4 ........... co u p .

Q. -M oh .
<5- - F e b .
Q .-F e b .
Q ,.-F e b .
(2. - F e b .
Q .-J a n .
Q .-J a n .
Q .-F e b .
Q .-F e b .
Q .-F e b .
Q .-F e b .

M ar.
13.

M a r.
14.

M a r.
15.

M ar.
16

M ar.
17.

* 99*a * 99k! * 99 ia * 99*2 * 99*2 * 9 9 i »
'1 0 7 *8 107*4 *107*4 *1073e *107*4 1 07 %
107(4 1073& 1073s 10738 1075a 107%.

___

*106*2
n il
*112*2
*128
*12*
*111%
*111%

1073s
m i
-1121a
*128
*128
-1 1 1 %
112

....

-10634
*111*4
*112%
*128%
-12314
*112
*112

lOTig
*111*4
113
*1283s
*l283g
*112
*112

*107
*111*4
*112%
*1283g
*128*2
*112
*112

107
1113s
*11234
*128%
128%
*112
*112

'T h in is t i e p rio e b id a t t h e m o r n in g b o a r d ; no sa le w a s m a d e .

State and Railroad Bonds.—

Sales of State bonds at the
Board include $25,000 Tennessee settlement 3s at 97%, $31,500 Louisiana consol. 4s at 109%, $32,000 Virginia fund, debt
2-3sof 1991 at 83 to 84 and $150,000 Virginia 6s deferred trust
receipts, at 8% to 9.
The market for railway bonds has been generally steady
to firm on a moderate volume of business. Transactions at
the exchange averaged nearly $3,200,000 par value per day
and were fairly well distributed.
Kansas City Pittsburg & G ulf lsts were the weak feature,
and in sympathy with the stock declined 4 points on reports
referring to the reorganization plan. Missouri Pacific trust
5s also declined. Union Pacific Denver & Gulf trust receipts
advanced over 4 points on limited sales, and Wisconsin Cen­
trals 6s gained a point. Chicago Terminal Transfer 4s were
strong on rumors of moie favorable leases. Special activity
is noted in a few issues.
following shows
volume
of business in stocks and bonds on the New York Stock
Exchange for the past week and since January 1.

Tlie Money Market and Financial Situation.—Finan­
cial operations in W all street appear to have been restricted
somewhat during the week by higher interest rates. The
volume of business was smaller than that of any week
since January 1st, notwithstanding the heavy transactions
on Thursday, and standard railway issues were largely neg­
lected. W e’have referred several times of late to the increas­
ing attention given to industrial stocks, aDd this feature was
more prominent this week than heretofore. On Thursday
over a quarter of a million American Sugar Refining shares
e— W eek tn d in g M a r. 1 7.—. /------- J a n . 1 to M a r. 1 7.—
were traded in, and an advance of 29 points illustrates the N. Y. Bales
S tock E xch .
1899.
1 898.
1 899.
1 898.
speculative character of the movement. The conservative Government bonds
$253,400
$91,80C
$3,458,160
$1,655,300
bonds...........
238,500
53,600
952,100
336,4C0
element in W all Street, as elsewhere, is especially inter­ State
R R.& raise, bonds.
1«, 376,500 10,794,40U
281,645,900
223,020,710
ested in the international trade statement for February given
Total................. $16,808,400
$10,939,800 $286,056,160 $225,018,410
out this week. It shows a somewhat smaller export move­
shares
3,*-42,537
2,162,521
49,151,886
23,953,206
ment of grain than the corresponding month last year, but Stocks—No.
Par v a lu e ....$352,374,650
$209,659,950 $4,817,506,850 $2,341,050,625
77,440
$141,315
$78,000
largely increased exports of general merchandise; and ex­ Bankshares.parval
We add the following daily record of the transactions:
cept the phenomenal showing of 1898 is the most favorable
Week e n d in g .-------------Stocks.------------. R a ilro a d , Ac. State
U. S.
February statement in many years.
r. 1 7 ,1 8 9 9 . Shares.
P a r v a lu e.
B on d s.
B on d s.
B on d s.
The money market has received close attention through S aMtuard
a y ...,........... $382,724
$81,819,300
$2,202,000
*10,000
$5,0*0
55,808,600
2,727,000
69,500
15,800
the week, and, as noted above, operations in other depart­ M onday................. 590,802
478,507
45,241,700
8,079,500
1)8,000
24,900
ments have been affected to some extent by its tone. As the TWuesday.................
ednesday............ 647,108
53,401,080
2,766,500
85,000
16,600
transfer of funds in connection with the Chicago & Alton Thursday................ 948,425
91,558,150
8,201,000
4,000
72,500
75,544,950
2,394,500
7,000
U S ,000
purchase and payment to the Government on account of Friday..................... 761,611
Central Pacific are now complete, a more steady money mar­
T otal............... 3,642,587 *352,374.660 *16,376,500
238,500 *253,400
ket in the immediate future is quite probable ; although,
The sales on the Boston and Philadelphia Exchanges were :
as we stated last week, rates may he at a higher level than
-B o s to n .P h u a d elp h ia .---------U nlisled
B on d
L isted
U nlisted
B on d
L isted
those which prevailed before the recent advance.
sh
a
res.
sh
ares.
sales.
sh
ares.
sh a res.
8ales.
The open market rates for call loans on the Stock Exchange S aturday.. 27,199
$41,762
20,494
53,198
$57,285
20,687
during the week on stock and bond collaterals have ranged M o n d a y ... 60,604
40,110
11,338
98,700
33,486
92,022
13,589
107,500
24,299
34,680
05,518
94,445
from 2% to 6 per cent. To day’s rates on call were 3 to 5 Tuesday...
8,517
173,779
22,143
W edn’sd’ y. 45,024
51,099
105.322
per cent. Prime commercial paper quoted 3% to 4% per cent. Thursday.. 37,9*4
52,391
116,300
19,087
49,435
180,O^O
90,000
20,434
57,050
89,975
The Bank of England weekly statement on “Thursday Friday . . . . 85,000 22,000
showed a decrease in bullion of £105,919, and the percentage
1048,504
148,730 258,874
T o t a l.... 310,287 101,031
$ 5:3,526
reserve to liabilities was 43-29, against 44-20 last week; tiie
The stock market
discount rate remains unchanged at 3 per cent. The Bank was irregular but generally weak in tone, although actual
of France shows a decrease of 425,000 francs in gold and decline in quotations, especially for standard shares, was
375,000 francs in silver.
nominal in most cases. Standard issues were lightly dealt
_____________ MEW YORK CITY CLEARING HOUSE STATEMENT.
in, and the total transactions were much below the average
of recent weeks
The grangers were relatively firm.
1 899
D iffer en ’s fr 'v i
1898.
1897.
Great Northern preferred made a further advance of 9
M a r. 11.
P rev. w eek.
M ar. 12.
M ar. 13.
points, and is now about 50 points higher than in Janu­
ary. Chicago Terminal Transfer, common and pre­
C a p ita l................... 57,872,7001
5 9.0 22 .7 0 0 5 9 ,7 7 2 ,7 0 0 ferred, advanced 5% and 7% respectively, on rumors of
S u r p lu s .................
7 5 ,7 28 .0 0 0 '
74,250,TOO 7 4 .8 88 .1 0 0
L oa n s & d lso ’nts. 7 77 ,54 5 ,7 0 0; Deo. 3 ,0 6 2 ,0 0 0 6 1 7 ,86 4 ,0 0 0 5 0 5 ,9 1 2 ,5 0 0 benefits which will be derived from Chicago & Alton’s new
O lro n la tion ........... 1 4,4 0 8 ,5 0 0 D eo
2 6 ,7 0 0 13.795.700 16,211,300 connections. New York City traction stocks were again
N et d e p o s its ........ 906,65 5 ,2 0 0lD oo.8 , ,155,100 6 9 5 .4 8 1 .9 0 0 5 78 ,6 9 3 ,8 0 0
Brooklyn Rapid Transit advanced to 103, a gain of
S p e c ie .................... 1 96 ,20 0 ,1 0 0lD eo 2. ,207.000 1 2 4 ,06 4 ,6 0 0 8 5.2 7 4 .1 0 0 erratic.
L e g a l t e n d e r s ___ 5 3 ,6 6 6 ,7 0 0 D eo 1, 2 0 6 ,0 0 0 7 2,5 2 7 ,3 0 0 1 12 ,2 6 2 ,9 0 0 6% points within the week. Third Avenue declined 9 points
R e se rv e field ....... 2 49 .8 6 6 .8 0 0 D eo.3, 4 1 3 ,9 0 0 1 9 6 .5 9 1 .9 0 0 1 9 7 ,53 7 ,0 0 0 and recovered a large part of the loss. Metropolitan Street
L e g a l r e s e r v e ___ 2 2 0 .6 6 3 .8 0 0 D eo.2 ,0 38,775 173 ,87 0 ,4 7 5 1 4 1 ,67 3 ,4 5 0 Railway fluctuated over a range ol 8% points, and Manhat­
tan Elevated a range of about 9 points."
Bnrplns reserve 2 3 .2 0 3 ,0 0 0 D eo 1 ,3 7 5 ,1 2 5 2 2 ,7 2 1 ,4 2 5 5 2 ,8 6 3 ,5 5 0
Stocks on the miscellaneous list continued to attract atten­
Foreign Exchange.—The foreign exchange market has tion, the movement of some issues being sensational. Am­
been weak as the result of a firmer money market and lim erican Sugar Refining sold below 139 on Wednesday and at
ited demand. Sterling and Continental bills declined.
170 on Thursday, without any change known to the public in
To-day’s actual rates of exchange were as follows : Bankers’ the conditions affecting its value. New York Air Brake
sixty days’ sterling, 4 83® 83%; demand, 4 85%@4 85%; steadily advanced to 200, a gain of 31 points within the
cables, 4 85%@4 86; prime commercial, sixty days, 4 82%@ week and declined to 193 to-day. American Tobacco ad­
4 83%: documentary commercial, sixty days, 4 82@4 83- vanced 18%' points, but lost a part of the gain. American
grain for payment, 4 82%@4 83: cotton for payment, 4 82® Steel & Wire issues were unsteady, closing with a net loss
4 82%; cotton for acceptance, 4 82%@4 82%.
of about 3 points.

Stock and Bond Sales.—The

Of

Railroad and Miscellaneous Stocks.—

the

Mak 18, 1899.]

THE

C H R O N I C L E .—STOCK

PRICES

(2 pages) Page 1.

607

New York Stock Exchange—A Daily, Weekly and Yearly Record.
S T O C K S -H I G H E S T A Y O L O W E S T S A L E P R IC E S .
Tuesday* W ednesday' T h u rsd a y, F r id a y ,
S a tu r d a y , M on d a y.
M a rch 11. M arch 13. Ifa r c h 1 4 iM a rch 15. IfareA 16 M arch L7

T 180

STOCKS.
N. Y . S T O C K E X O H .

Sales R a n g e f o r y e a r 1 899.
o f the On b a sis o f soo -sh 'rt lots
W eek.
Shares
H igh est.
L ow est.

R a n g e f o r p rev i­
o u s y e a r ( l 8 9 8 ;.
L o w est.

H igh est.

R a ilr o a d S to ck * .
•178
A ibany A Susquehanna..
1183 Jan 186 Feb
*190
. *190 ......... ■180
178
16
174Jan 14 11 Apr 15 Feb
16
•14
*14
16
18
'14
•14
A u a A rbor.......................
1 4 4 Jan
*14
10
•14
16
100 SdVfcMar
138
40 Jan 14 34 Jan 4 04 F eb
38
SJ14 66*4
38 I *36
38
Do
pref
33
•36
38 k 30 k •36
2 «$ F * h 23 lOMApr 1 9 4 0 6 0
•21 91Wi 20U 2 1 4 Bl
a tk 22k
2 1 k 3>k
3 7S4 2114 Atch. Topeka A Santa Fe. 21,055 18 Jan
22v$Mar 5 2?$ Dec
60
H*
01
61k
0 0 k 81k: 5 » k 60*1 5 9 4 0 0 4
Do
pref 180,911 50$$Jan
400 0 0 4 Jan
♦eS
72
70
70
744,Tan 26 412 k Jan 72k O eo
71
r>alt-AO„tr.rec-all tn*.pd
70
70
*69
7 2 * *89
2,735 534Jan
56
00 Feb 24
56
57
57
56W 5 8 4
O Do new, when Issued.
SI Oct 584D eo
57
57 k
♦56k 58
504 534
1,400 75HJa»
77
77
77*$ *764 77 h
Do pref.. when Issued.
7t>4J0ii 27 08 Oct 7 94 D eo
7 7 k 77 k! 77
•77S$ 7"H
44N ov
*8>e 10
*8
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*9
9HJan 2^
8 4 Fob
9 4D oo
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*84
94
1105 Mar io& kO ct
*1064
Boat. A N. Y. Air L.. pro?
n o o k ••••• •i o 6 k ......... * 1 0 8 4
•IO64 .... •106k
35 Mar TS^Deo
934 934
101 166*4 Brooklyn Rapid T ransit... 239,458 77t<Jan 3 10 3kM ar V
9 9 4 102
-----9 4 k 90k
00 k 9 7 k 9 5 * 98H
*80
34
*30
34 i •30
34
•30
31
34
*30
*30
34
31 Jan 12 35 Feo 4 25 Mar 84 Sep
Buffalo Rooh. A Pitts ban.*
399 73 Mar 15 78 Jan 14 62 May 70>$Sep
•74
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76
74
76
•65
74
*05
74
73
74
Do
pref
•100 . . . . . .
noo
.........i 100 . . . .
100 Jan 1 110 Jau 31 165 Mar S89 Deo
•100 ___
Bari. Cedar Rapids A N o ..
4,0?
86 j 8
854$ 854$ ( Canadian Paciflo.. . . . . .
SiH M ar 15 90k Feb 81 72 Apr 9 0 4 Jan
8 « k » 7 k •85
8 7 k 87k
854 854
1,«50 54 Jan 5 70 Jan 23 444M ar 58 Deo
57
57
37
3 * 4 57
1
37 k VCanada Southern.. . . . . . .
1 1 1 4 1 1 3 i 1*1 1194 1 114 I N
1 11 k H 2 k 1121$ 113
11 I k U 2 k Central o f New J erse y .... 11,085 07 J an 3 1 1 4 4 Mar v 8340ct. 99 Deo
50
504$ 49H 50 |
434 494
50
50k
41 Jan 5 S54$Feb 18 11 Apr 444D 60
43*4 50H Central Pacific.. . . . . . . ------ 28,43
Do 1st pref.{when Iss.)
lO l^ M a r 3 103 Mar 2
27
334 984
2 8 4 984 *904 284
5,001 8 4I$.l an 5 3 l4 F e b 2 174Mar SOJtDea
28-H 9 7 4
* « « 2 6 k Chesapeake A Ohio............
•171 174
'170 174 *170 174 •170 174 *170 174 Chicago A A lton.................
15 108 Jan 14 174 4 Mar 3 1150 Mar 72 Deo
171 174
•198 800
•198 400
»iV6 200
•197 200 *197 900 •198 300
1192 Jan 3 1199 Feb 10 §106 51ar U77kD*o
Do
pref
1 8 8 4 1 3 9 4 1384 U 2
1889$ 1 39k
140k 143k Chicago Burl. A Quincy... 152,335 1244*1 An 7 1 49 4 Feb 18 S5%$Mar 125MD oo
1,300 59% Jan * 68k Feb 20 49 Apr 06 J ’ ne
88
88
874 074
0891 0441 •88
07
674
»7H 07k Chicago A Sash Illinois...
07
•192
125 , 1 1 0 4 145
123 k
10 1124$Jan 3 125 Mar 2 102 Jan 118 k Feb
-1 2 2 4 1 2 2 4 *.........1234!*...........1934
Do
pref.
° 4 Fob 18 Aug
7,0 t« 15 Jai 21' 90VJan 23
154
155$ 134 1 5 4
154 1354
154
154$
"
IS14 i s * Chicago Great Western .
1 54
154
410
904
9 0 4 j 9i
9t
•'59* 9 1 4
| 9 t4 91.4
839$Jat
' l iJ ’ iy 85 Dec
Do
4
p.c.
debentures
904 004
92k Feb
»0H 96*4
1,070 SOkJan 5 73 H Ct*b J 4 3s M«it 5* Dec
70
7 0 4 7 0 4 704J 7 0 4 7 04 i
ASM * * 4
I>o 5 p .c.p re f.44 A*’ .
70
70
80C 3 94 J a n 18 37 Feb 28 20 Apr 32 Nov
3 5 4 35'
36
86
3 3 4 335$
Do 4p .fc.pref." B*\.
210
7 Feb 11 J’ly
194
93 1 • « «
7 k Jan 6 11k Feo 14
84
04
941
94
9*4 Chic. Indians p. A Loulsv.
n o 31 Jan 4 48 Mar 7 23 Apr 38>$J ’ ly
♦44
47 1 *40 48
43
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44
•42
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pref
133$$Feb 20 8 3 4 A p r 2 0 k Deo
1 8 0 4 1 * 7 4 127 1275$ 1 3 8 4 1 2 7 4 l*0W 1874 l t t f f 1204; 1 874
Chicago M ils. A St. P a u l.. 94,142 l20V$Jan
2,476 100MJan
109 4 1694! 1094 1094 170 170 ' 17 0 * 171
1714 173
173 1734
Do
prefl?3X*Mar 1? 140 Apr 106k Dec
7,170 U lM Jan 4 ISBWJan 33 1134 Mar M 3kD eo
1474 1474 1474 1474! 148 4 1*74 1404 146$$ 1 * 6 4 M * X 1 *0 4 1***$ Chicago A North Western.
•190 195 *191 196
10 3 * 1934 *191 196
315 188 Jan 19 1934Mnr 14 168 Jan lO lk N o v
1W4 1W4
Do
pref
1 934 1954 119*
19,127 113 Jau 7 128 4 J an 27 80 Mar U 41$Dec
U 8 4 1 1 7 4 1 1 0 4 1 1 7 4 1 1 0 4 1 1 0 4 1 1 0 4 1 * * 4 l l « 4 U 7 4 ! 117 118 Chicago Rock lal. A Pac.
880 91 Feb 8 1 00 4 Jau 20 65 51ar 94 Deo
92
93 Chic. at. P. Minn. A Om..
1224 , 9 2 4 i 193
93
*91.4 ? ! t *8t
93
9 2 4 924
*170 173
170 173 *170 175
100 170 Jan 10 174 Star 15 1148 Jan 170 Nov
174 174
174 180
172 170
Do
prof10
44Jan
10.419
214$ Ghlc. Terminal Transfer,
18
1 7 4 20
PkMar
1041 *7
194 2 i
21
7 4Jan 7 224-Mar 10
204 224
45
434 474
1 0 4 4 *4 , « 0 4 33
37k Aug
53 H ilar 10 224Jan
51
5 1 4 534
Do
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81*4
57 j
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25 Mn; ■17k Aug
3,783 424Jan
574 374
i-!4 38 Cler. Cta. Chic. 4 8 t L . . .
3 7 4 38
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98
: os
1,000 95 Jan 4 102kJan 20 7 7 4 Mar 97 Deo
904
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pref
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800 i l Mar 17 16kJan 26 1 1 4 Mar 19kJau
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•100
170 J'ne 1174 Aug
180*"
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Cleveland A Ptueb.. guar
180
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9 Jan v
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Do pref. rot. tr. ctfs.
234'Jau «
1 94 Jan
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7141 *7
Col. A Boa. (when Issued).
74
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54 i •3Jk 5 « k
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104 I0 4kl 16 IV$ 103
157 Jan 7 169 Mar 7 140 Oct 159 Feb
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S*H4 •S7« 33k| •374 8841 •374 3 8 4 ♦'174 S*t$ MTV 30 \ vanes. A Terre Haute .
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834 204
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47
, t Do
pref
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47*4 4714;
1204 S04 1184 104
871 21 Feb 23 25 Jau 5 1 15 Nov 28 Mar
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* ¥ i k ' Vs-k l *28 “ »H A 1H4 99
a ,?to 14 Fob 1 294Mar 10 10 May 17kDeo
? 8 4 29
29k
4 FC Worth A Rio Grande.
•20, ‘ •
1 86 k t » 8 k ! 182k 195 j 199 193
12,996 142 4 Jan 0 195 Mar 13 U22 J*ly 180 J ’ue
1 9 1 4 1 9*
1 9 3 4191
192
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no 50kN ov
494Jan 5 OlMJart 31 iOWJ'no
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9 "Jan 80 , 3V$J'ly
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u 5>$Jan 9
0
115 116
iV*M m i , ! i 'l i k i i * k i
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115 115
| Hinois C e o t r a l........
3,904,11 » 4 Mar
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l
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k
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1,0301 1 0 4 Mar
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40
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4 5 4 40
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45
089, 42kJan 3 5 1 4 Feo 15 25 Apr 4 2 k Deo
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91$ 101
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8,584 7 Mar 15 18 Jan
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n
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9
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♦15
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.......... l96V*Jan v5 203 Jan 24 170k-Jan 215 Doc
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78
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3 40 Jan 5 9 k A u «
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6 34 8 «<
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63 Mar 6 69 Jan 271 44 Apr e o k D e o
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A
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i 63H
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112 Jau 13 .1 6 Jan 3*|
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80
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39 j 88
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4 5 4 66.41 4 5 4 4 7 4
46
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4 5 * 4 7 * Missouri P acino...*.......... 75.885 4SV*F»b 8
89
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3 9 4 41
40
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6,155 as Jan 3 13 Feb 11 8* Not 32 V*Feb
41 Mobile A Ohio
76
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•28
380
♦300 ........ New York A Harlem.........
83 1360 Jan 23 1390 Mar 14 1380 Jan 1352 Oct
1 0 12«l<Jatl 27 US8WMnrll 1120 Apr 1128 N or
, 180
...
........ . . . . . N Y. Lack. A Western —
SO 1)4 30«H .J os
1 0 1198 Jan 19 211 Feb 2 m « f l » 901 Deo
•905 3C8 ;»9<>0 308 ♦202 200 N. Y. New Haven A Hart.
* 7H *»
*7«
2*U
27$$,
2
AM
274$
l«H 4 ,m a 28-MSlar 9 I ^ W A p r 19$$Deo
27ki
N.
Y.
Ontario
A
W
estern..
87,895
no
75 1 *70
65 Jan
75
75 Norfolk A Southern..........
18
1**
. 18
1 7 K M .r 17' 20-HFeb 3; H W Apr ld k D e o
17H Norfolk A W estern______
2.213
835, 9314!
1‘
J
liM
ar
e S ffflu
03kJ
Do
pref.
9,102 AlK-lan « 71MFeb 8,
0*H 0 « k
494* 5 0 k
51k |Nor. Pao. Ry., r o t. tr. ctfs. 09,740 l i K l u i 7 531. Fab 16: 19 Fob 4 4 k Deo
66 MMar 79y$3ep
77?$ 78k
Do
pref. 18.005 7 6 « J »n 7 8 1 « J * n 26
46 Feb 21 , 62 Jan 33 ! 36)4Jan SlkAng
r
45
f 4r.RR.AN.Co.vot.tr.cfs
a I mm
sVol 71 Jan S!
76HJan
3--3 !! B61*Mar 78 Nov
I *Yi
75
v Do pref,. vot. tr. otfs

....

81*4
594 214
94 764 774

45$ 85574
564 564 584
4«4 4®4

' 354 35H 36*84 36 | •**
354 35'4

434 584 5* 574 *3
904
....
*04i
180 ....V
194
194!
74
*?* 244
*5*
714 184
•184
•94
li
•144
rs«
25 234!
.It* \v*
•18
9

** 50
19 i
i®*

D

“04 *?

K

*184 im *
>s•« <

120kJan

lkMay

30*
*t *14

iswv*i3»iiM9o"
si*, sti*

1*Hit-H

T h n a iriM d and asked prices ; no sales on this day.

^ U T S I D E S EC U R ITIE S (G iv e s
itr v s i R a ilw a y .
» « w YORK CITY,
8 t » « * 8 t i Fui r —atoak.
1*4 fnur' 7 , 190c. , jjKj
S'way A Hb A ,a —atoofcl*t mor St 1904.,. j * d
Mffiar 5 . I914... j* .i
Con 5 . l»4S~3M Atocs
3 way So - 1*45* an . 1924
*a 5 *lot •« rsntai 1*05
Crjsstown—8Lvt!i
1 « M 6* 1932.......MAN
Can Pi S * , Rlr-etod*
flhiwoi r# tef>2
JVTi

Bid.

Ask,

I Less than 100 shares,

B tr e tl H nH w ays.
ChrKrtVr A 10th
4,
ColA 9th A re 5e-3ss Stock
103 1 0i
Dry D S B A Bat—S tock..
235 335
1st gold 5s 19A2...JAD
108 110
80rip 5s 1915.........FAA
411844 117)41 Bighfh Avenue—S tock . ..
s 1st.
9erip 0s 1914.................
i i 6 k 4Sd A Or 8t Fer—3iock>,,
mo
| 42d St Man A 8 tN A re -.
350 270 1 1st mart 0s l»1 0 ..M A 8
#118
2d Income 0g 1915.JAJ
185 195
Imx A vA Par F 8+S** 9th
m i
HR
Metropolitan
icneh

KIF

i

t Kx dlv, and right*.

* Before payment of ass rat,

xx foot of 7 oosskootivk paobs).—STREET
Bid. Ask.
170
175
R ich 1 1st.
175
190
116
fill
#103$$ 105
3,05 400
100
3R0
375
90
05
119
H «k
99
100
Bxch 1 1st.
Evcb 1 1st.

H trrel R n llw a y s ,
Ninth Avenue—Stock —
Second Avenue—Htock.
1st mort 5s 1909.-MAN
Consol. 5s, 1948... FA A
Sixth A ven oe’ -H tock-....
0on Bonier Os 1945..JAJ
80 Fer 1st 3s 1919.. A AO
TlBrd Avenue—.w Stack
28th A 29tb 0ts 1st 5 s..'96
Twenty-Third Bt—BtOdkDeb ^s 1906............JAJ
Union Railway—S to c k ...
Onion Ry 1st 5* *42. FA A

Bid.
100
108
#l0B k
5119),
200
#113
5110)4
E x cb l
#114
380
106
190
#113

Ask.
180
198
109k
120
210
114
llflk
1st.
110

400
108
200

ne

T 1st lustal. paid.

RAILWA YS, <&c.

H tr e e t K R lI w s y n .
Weatchest 1st 5» ’ 43.. jifltJ
BROOKLYN.
Allan. Ave., 1st 5s..A A O
Con 5n g 1 9 3 1 .......A&O
Irapt 5s g 1 9 8 4 ...,.JAJ
B. B .& W .B. 5s 1003. A AO
Brooklyn City—S t o c k ....
Consol 5s 1 9 4 1 ...,,JAJ
BklynCrosstn5sl0O8. JAJ
Brooklyn Elevated (new
P ref ( n e w ) ,..,,,* .........*
Bonds (now )..........
BkinHirtslsl N IW 1 A A O

Bid.
#110

Ask.
114

#107
#112
06
90
246
117
105
81
00
{ »7)4
104

109
118
90

.....

24H
H3
0$
99

THE

508

CHRONICLE—iSTOCK PRICES (2 pages) Page 2.
STOCKS.
N. Y . S T O C K E X U fl,

M aiurday, M on d a y,
T u esday, W ednesday T h ursd ay, F rid a y ,
M a tch 11 March 13. M arch 14. M arch 15. M a rch l o . M arch 17,

LXVll],

R a n g e f o r y e a r 1899,
R a n g e yo r p r e ­
On b a s is o f loo-sh ’ r e Lots vio u s y e a r (1 8 9 8 ).

da les

8 T 0 0 K 8 -H 1 Q H B 8 T A N D L 0W JS81 8ALJS F R 1 0 E 8 .

vol.

Shares

L ow est.

H igh est.

L ow est.

H igh est,

41 Feb 8
3
Oregon Short L in e...........
•45
45 Jau 7
49 T>aclflc Coast Co.............
49
•45
48 1 -45
' ........ 49
♦48
49
85 85 Jan 5
I8rt
8 8 * -A Do 1st pref.................
•87* 90
•87
90
•88
90
•88
90
11; 03 Mar 10
*03
00
Do 2d pref..........
•03
06
03
•03
00
•03
00
•6 8
6
,994 122% Jan 6
181X13144 131% 1 32 * 1 3 1 * 1 3 2 * Pennsylvania...............
181*132
182 1 8 2 * 132 133
•4
5 * Peoria & Eastern.........
4 * Jan
•4
5*
*4
BX
•4
5*
•4
5
•4
6
57 Ptttsb. Cln. Chic. & St, L . .
50
29*1 56 vi ar 17
BOX 5714 0 0 * 5 7 *
5 0 * 57
57
59*
»57
57*
79- 80 Feb 10
8 1 * 81*
Do
pref
180* 8 0 *
•81
84
8 1 * 83
8 2 * 84
•81
84*
180 Jan 10
T78
Pitts. Ft. W. A Ch., g u ar..
178 ........ 178 ........ •178 ......... •178
•178
000
8 Jan 2^
8 * Plttab. & West., pref........
8%
•8
*8
0
•8
9*
8
9
*8*
9*
23* T> eading, voting tr. c t fs ..
2 0 * Feb
2 3 * 23% 23
24
24
23X 23X
24* 24*
»4
24*
0
4
*
05%
5l%
Jan
J-Vi
1st
pref.,
vot.
tr
ctfs
0
4
*
05%
MH
00
0-1*
07
6
5
*
0
0*
85* a**
85
35*
20*Jan
2d pref., voting tr ctfs.
3 5* 35*
30
37
o o * 30*
35
38X
85
35*
•35
37 Rio Grande A W estern..
2 5 * Jan
•35* 37
30
80
•30
87
•80
37
•80
37
7 7 * 79
00 Jan
7 0 * 77
Do
pref
70X 77X
75* 75*
75
75*
75
75
!128*Jan
Rome Watertown A Ogd..
131 131 ♦180
*13914.......
129
.
1 29 *
•186* .. ...
5 Jan
5
5.
t. J. A G. Isl. vot. tr. ctB
5
5
•5
5*
*5
BX
•5
5*
•5
5*
40 Mar
49
Do
lstp r
•47
4 8 * •45
47
47
48*
4 8 * •47
•47
48* *47
10%Mar l l
10% 1 1*
Do
2d pref.
13
13
14
112* 1 2 * •18
•18
14
•12* 14
II
1 1 * 11 11X 111* 11* 1 1 * 1 1 * St. L. A S. Fr., vot. tr. ctfs
M l * 11* •11* 12
73
170* 7 0 * •71
Do
1st pref.
*71
73
•71
72
72
72
•71
73
Do
2d pref.
3 8 * 3 8 * ♦38* 39
8 8 * 39
3 8 * 39
S8X 38)4
88* 3 «*
9%
9 * 8t. Louis Southwestern...
8*
8)4
8*
9*
8*
8*
9
9*
9
9
27% 2 8 *
Do
pref.
27
26*
27* 27*
26X 27X
2 7 * 28
8 7 * 27*
*3 9 * 40% 8 9 * 39% St. Paul A Duluth.........
•39)4 41
41
4 0 * 4 0 * •40
•40
41
Do
pref
J04J4 104J4 1105% 105% 1105* 105%
1 0 5 * 105* •104 100 ♦104 100
3 1 * 30 Southern Pacific Co..........
S3* 34*
33)4 3354 3 2 * 3 4 *
34
35*
84* 34*
12% 1 2 * Southern, voting tr. c t f s ..
1 2 * 12%
1 2 * 12*
1 2* 13*
1254 18)4
12* 12*
4
8 * 49%
Do pref., vot. tr. ctfs
48%
50
49
4
9
*
4854
49)4
4
8
*
5
0
*
4 8 * 48*
23
23% rF exas & Pacific..........
28
24
23)4 24 X
2 3 * 24*
2 4* 24*
24* 24*
1 hird A venue (N. Y .),.
215 2 19 * 212)4 215)4 215 219* 2 1 0 * 220
212 220
2 1 0 * 220
•22
24 Toledo A Ohio Central. . . .
*22
24
*22
24
•22
24
•22
24
•22
24
Do
pref.
•42
50
•42
50
•42
50
•42
50
09
09X 09)4
09* 00*
e e x Twin City Rapid Transit...
09* 70*
89X
. 7 0 * 70*
140)4 140)6
Do
pref.
•140 141
140X
4354 44
nion Paciflo R y
44X 4SX
45
4 4 * 4 5 * *44 ’ ”4 4 *
4 4* 45*
Do
...p r e f
7 7 * 77*
77
77)4
?7 X 784,
7 7* 78*
77* 78*
7 «X
13
13
12* 18*
I3 X Un.P.D. & G. tr. rec.2d pd.
i254 18)4
1 2 * 12* H 2 * 1 2 *
*8
abash .
8*
*8
8*
8X
8X
• | * 8*
•8 r 8 *
21* 22
Do
pref.
22
22
21* 21*
2154 21)4
21X
22
22
11
n x 11X W heel.AL.E.,4th ass’t pd
11)4 11)4 111* U X
1 1 * 1 1 * in* n * 111
32
Do
pref. 4th do
*32
33
82
32
S3
33X
132* 32* •32
3 s-X
*59
♦59
01
Do ls t p fd . (w beniss.)
•59
01
*59
01
6L
•59
01
•59* 01
•1%
2
W iscon. Cent., vot, tr.ctfB.
%Jan
3%Jan
2
2
IX
IX
D4
154
IX
1*
R lls c e ila ii’ a S to c k s .
§119 F eb25 *97*A pr 3 8 * D ec
dams Express...............
117 •112 116
1115* 116* 113 117 *113 117 •113 117
3 6 * 3 6*
38 Jan 31 15*M ar 153 Nov
3 0 * 30%
merican Cotton Oil.. ..
3 0 * 37
80)4 36)4
S0X 3 0 *
36
304.
9 2 * 92*
'92
93
93 Feb 10 66 M r 38 Aug
Do
pref.
9 2 * 9 2 * •92* 93
•92* 93
4 ? * 4 7 * American District Tel . . . .
48* 5S« 40 49
48
48
5 2 * Mar 3 22 May §180 Feb
4 7 * 50
48
49
§145 Jan 3 1110 Ja
•141 144 •140 143 ♦140 143 1140 141 1140* 1 40 * *140 143 American Express.............
39% Aug
30
3 0 * American Malting............
3 7 * Jan 24 24 J ’lr 9 0 * A u g
3 0 * 80%
3 0 * 31
80% 31
•81
32
3 1* 81*
8 2 * 82%
82% 83
8 2 * 83
8 2* 82*
87*J a n 26 7 0 * J ’ly 88 Deo
Do
pref.
8 2 * 83
8 2 * 83
1 3 * 13% American S piritsM fg.. . . .
1 3 * 14%
14
14*
15*M ar 13
13* 14*
1 5 * J ’ne
6 *Jan
15
15*
1 4 * 15
80
3b*
41 % Mar 18 10 Mar 41%Aug
39
39*
4 0* 40*
3 9 * 41
Do
pref
4 0 * 41
4 «* 41*
00
0 .% Amer. Steel & W ire (new) 208,542
0 2* 63*
02
04
08%Mar 8
0 3* 65*
0 4* 00*
03* 04*
1 0 0 * 102%
Do
pref.
44,325
106%Mar 13
104 104* 104* 100* 1 08 * 1 05 * 103 1 03 * 1 0 2 * 1 0 1
170 Mar 10
157 107% American Sugar Refining. 525,OS'7 123*Jan
1 4 0 * 142* 1 40 * 1 4 8 * X I3 8 % 1 40 * 1 3 8 % 1 4 0 * 141 170
x l l 4 114
115* 11
Do
pref
1 * 110 Jan 10 117*M ar 10
•115 110
1.......... H 4 * 1 1 4 * 117* *117 117*
§98 Jan 4 §103 Jan 28
‘ 9 0 * 0 1 * •99* 101* 1100* 1 00 * 100 100 •100 101* American Teleg. A Cable.
•98* 101
42% 4 3 *
4 3 * 44
37%Feb 18 44%Feb 2
42% 4 3 * American Tin P la t e .......
42* 4 %
4 2 * 48%
4 1 * 42*
90* 90*
93 Feb 17 9 9 * Feb 8
90% 9 0 *
95* 95*
9 0 * 97
95% 96%
Do
pref
9 5 * 95*
21- * 2 l3 Am erlcan T obacoo. . . . . . .
1 32*F eb 11 210 M a r io
206 2 1 4 * 2 1 2 * 2 14 * 2 0 5 * 216
88%Jan 153% Sep
197 198* 198* 208
132 Jan 4 50 Mar 0 1 1 2 * Mar 1 35 * Aug
Do
pref
1 4 8 * 1 4 8 * 1 4 8 * 1 4 9 1148 148 il 4 0 * 1 46 * §148 148 *147 149
104 104
95 Jan 0 104 M a r l?
103 103
•102 108
103 103
103 108
Do
dividend scrip
“ 8 Mar 101 8ep
44% 4 5 * Anaconda Crpper............
4 4*M ar 14 48 M a r t i
4 5 * 45*
44* 48*
45
45*
40* 47*
47
48
2%Mar 11
1 j ay State Gas.
8 *Ja n
9*D ec
ax
4 * Stricken fro m Stock Ex change List March 11.
189 Jan 3 100 Mar 17
158 1 59 * 158 ' 158*1 150 159* 100 100 -D rooklyn Union Gas.
150%150% 157 158
140*D ec
12 Mar 10 1 7 * Jan 31
U
12 Brunsw. Dock A C. Impvt.
13
12
12*
12*
13
•12% 18%
14 J’ne
l* K 1 2 * §13
34% 37 ( d ora d o Fuel A Iron. . . .
34* 35*
34% 3 5 *
35
80
8 4 * 84% 3 4 * 3 6 *
3 0 * F e b 8 37% Jan 9
3 2% Dec
13
13* ’ oi. A Hock. Coal A Iron
1 1 * 12%
13
13%
8 * 11*
6 * Feb 15 13% Mar 16
9*
9*
9*
9%
9% Dec
214 217
210 217 Consolidated Gas (N. Y .)..
2 1 4 * 221
189 Jan 12 22 * M s r 11
214 219
8 2 0 * 223* 2 1 7 * 222
2 0 5 * J ’ne
4 7 * 48 Consolidated Ice ..
47* 48*
4 7 * 47;
4 4 * Jan 17 50*Jan 31
47
47*
•40
47%
52 Sep
47X 47X
90
•90
97
97
97
•95
97
91*J a n 18 97 Mar 13
90
•95
90%
597* 9 7 *
94 Dec
Do
pref.
6 0 * 02 Continental T obacco.
01
62*
6 0*M ar 17 0 ^ * Mar 15
e o x 64X
93
94*
93% 95
93 Mar 17 9 «* M a r 15
Do
pref
98X « » X
190 Jan 4 199 Jan 20 119 Apr 195 Dec
198W 198X *193* 194
Edison Elect, 111. (N. Y .) ..
52* 5 8*
52
51% 52% Tj^ederal Steel (whenlss.)
5 1* 52*
4 6 * Feb 8 55%Jan 10 29 Oct 52 Dec
61% 52
BIX s a x
87
x87* 88*
82%Jan 7 90 Feb 28 09% Oct 8 5*D eo
87
8 7 * -T Do
80
80
87*
88
pref.
do
87X
8CX
117% 118
118 118* 118* 119*
95%Jan 3 120*M ar 7 70 Set
1 1 8 * 119 General Electrio..............
1 1 7 * 118
07 Deo
0 5 * M a r 0 75 Mar 16 60*De< 7 2 *D eo
00
00
00
75
00
06* 00*
7 1 * 74 Glucose Sugar R efining..
87X 67X
107 Feb 15 110 Jan 14 10 7 * Dec 1 09 *D ec
108 108* 1 0 8 * 108*
107X 10-U I1Q8 1 0 8 * $107 107
Do
pref.
107 107
107 107
97 Jan 3 10 9% Feb 1 187%J‘ne 9H%Dec
1 0 0 * 107
..............
106% 100% 1 05 * 106* §106 104 H . B. Claflin C o..........,,
54
51 Mar 1? 0 8 * Jan 23 48 Sep 07 Dec
x54
S4X
5 5 * 50
51
53
5 3 * 54
54* 55*
nternational Paper.,
B4X
8 2 * h4
8 0 * 87
$84
80
80}
85
85
85
8 2 * Mar 1? 9 i Jan 5 85 Sep 95 Deo
Do
pref.
86X t « X
30 Mar 15 86 Feb 27
31
31*
so
29
3 1 * 31}
1........ 30 International Silver.........
30X 31
s o x 129
53 Jan 16 0 3 * Fet 28 54%Dec 57 Dec
00
00
60
00
5 8 * 5 9 * Knickerbocker Ice (Chic.)
59X S9X .2 2 * 02 *
59X S9X
•79
82
•78
82
♦78
f8 0 * 81
82
•78
74%Jan 25 84 Feb 17 81 Dec 8 2 * Dec
*78
82
81
Do
pref.
52
158* 5 3 * •51
62
502 51 Mar 4 57%Jan 0 3 7 * Mar 54%Aug
52
*51
153
53
52
aclede Gas (S t,L ou is).
5 1 * 51*
•97 100
1 0 0 96 Jan 26 99 Jan 18
•05 100
99
90
§98 100
•97 100
•98 100
85 Mar 9 8 * A u g
Do
pref.
2,300 47 Mar 0 62 Jan 21 80*A ug 5 2 * D e c
50
50}
* 4 9 * 49%
50
50
ational Blsouit............
BOX BOX 5 0 * 5 0 *
49X 50
1103% 104% 104 104
104 104 1104
L04 *103 104* 103 104
1,*88 103 Mar 1 107*Jan 19 94%Aup 100 D ec
Do
pref
134
34
*3 4* 3 4 *
3,889 3 2 * Mar 17 4< * J a n 20 20*M ar 39%Aug
3 4 * 8 4 * • ss x 34
8 2 * 83% National Lead....................
33% 3 4 *
•112* 113 1112* 113 f l l 3
1,187 lll% J a n 13 115 Jan 21 99 Apr 114 *D eo
113
1 1 2 * 118
Do
pref
1 12 X 1 1 2 X 1112* 113
525
4*M a- 16
«4 *
4 * Nat. Linseed Oil, tr. certfs
54*
5
8 *Ja n 12
9%De©
8*D ec
4X
4X
405
•4*
0
4 *M a r 17
6
4%
4 * National Starch..................
8% Feb 9
9 Feb
3% Nov
•4«
0
*4 *
6
•4X
•■1)4 0
•50
00
•50
00
10 §45 Mar LH §45 Mar 10
*50
00
•50
60
*50
00
145
45
00 Mar 80 Jan
Do
1st pref.
•13
23
•18
23
*13
23
13 Mar 1? 23 Feb 9 12*O ct
*13
23
•13
13
23
13
30 Jan
Do
2d pref.
•87
43
40 Jan 3 42 Jan 25 40 Oct 43 Sep
•37
42X •3?X 4BX *37X 42X •40
42X New Cent.Coal (new Btock)
168 171
112 Jan 3 200 M a r io
178 185
170 179
192 199 N. Y. Air Brake.......
193 200
14 Apr 120 8ep
0%Jan 0 10 * F e b 28
8X
0
9
7% Dec
4 * Jan
1 8«
8X
BX
->X
UX
9X
o x North American Co.
•ex
7 Feb 3
7% Mar 8
3 * Jan
6*D ec
*0 *
7X
•6X
•ex
ex
7x
X Ontario Silver...........
48
48% 4 »X 49
47* 48*
43*J a n 4 55 Jan 30 21 Apr 40 D ec
acific Mall,
»7X 47X
47X 48X
47X *8X
U
4
«
U
SH
1 1 4 * 115% 114X 115
i 109*Jan 8 ll8% M ar 17 86*Ma< 112 Nov
115 n e x 117 118X
u s x iu x
eeopTsQas-L.AC.(Cbio.)
98 100
1 90 re b 25 101* Mar 13
100X 101U 1 0 1 * 101* 100X 101X 100%101
100 100X Philadelphia Co.........« ....
150 159
i 150 Jan 30 104%Jan 4 x l 82 Nov 210 J’ ly
1 5 8 * 168X 1 5 8 * 158% 158 158X 159 159
159 159 Pullman’s Palace Car........
*2
3
2 *Ja n 20
*2
3
*2
3
uicksilver M in in g ......
3 Jan 27
3 Dee
2X
2X
l* S e p
*«
ax
•7
10
9
9
•9X 10
9 Mar 14 11 Jan
10
♦9
10
10
5 J ’ne l l * D e e
ox
ax
Do
pref.
24
24
24*
24X
24
21 Jan 3 25*Jan 10 1 9*D ec 2 3 * N o v
24
24
24%
tandard Distil.ADistrib.
*1X
•77
78
177
78
7 3 * Jan 3 8 2 * Jan 10 0 0 *N ov 75 Nov
it* iff* 75 7 5 * *75 76X
Do
pref
•10
19M
IS* IS* 1 0 * 1 0 * i o x «X
10X
8 * Jan 8 12 Jan I 10%Aug
3 * Jan
»x
«X Standard Rope A Twine .
40W
4 7 * 47?»
30 Jan 14 50%Mar 17 17 Mar 38% Deo
4 0* 47*
4 8 * 5 0 * Penn. Coal Iron A R R .. . 1
46* 48*
1130 130
, 1 8 « * •190 1 30 *
i111 Jan 4 135 Jan 30 §80 Aug 105 Dec
1 Do
p ref.
M 8X 14X
1 3 * 1 4 * §12% 12% *13
12 Jan 13 1 5 * Jan 17
1 3 * Texas Pacific Land Trust,.
5 May 1 2 * D e c
•54
57
53*J a n 5 00 Jan 12 88 Apr I 58%Dec
50
§ 5 5 * 5 5 * •54
nited States Express ..
IS*X S4X ♦ 54" 57
0%
0*
«X
e%
ex
ex
0 *M a r 13
8% M »y
nlted States Leather ..
6*
0*
8 Jan 28
5*A pr
e*
0
*
ex
ex
71
71*
71
72
7 1 * 71*
70* 70*
7 0 * 71%
69% 7 2 *
69 Mar 2 75 Jan 20 5 3% Mar 7 5 * D e o
Do
pref.
6 0 * 5 0*
48X BOX 4 9 * 50
4 2 * Jan 5 5 4 * Feb 23
4 9 * 5 0 * United States Rubber.......
14*M ar 4 8 * Aug
4 9 * 50%
1110* 110* 1110* 117* ii« nex 116 110
1 1 0 * 110% •115* 1 1 6 *
> 111 Jan 3 120 Jan 0 00 Mar II 3%Dec
Do
pref.
•165 129
*128 128 ♦125 128 1120 120 *125 127
1 §125 Jan 10 §129% Jan 10 H 1 2*M y ll3 1 * D e
ells, Fargo A C o .........
94
9 4 * 1 93% 9 4 *
93% 9 4 *
9 4 * 94*1 9 4 * 84%
9 3 * Jan 3 98*J a n 24 8 2 * M ht| 9 5 % A u
estern Union Teieg’h.
98X «4
Ml
•48
•88

41*
49
90

fl

S

U

.......

A

I

L
N

asgiis*

P

Q
S
U

W

• Bid And asked prices; no sales on this day.

O U T S ID E S E C U R I T I E S
H treot K i l l ■ h >«
B’kyn ynsCo.ASub. 1st 5s.
Consol 5s not guar....
BslynRap.Tran.—See 8t<
Csl.Cem.Gr.AB’kynlstOs
oney Island A Brooklyn.
1st 5s 1904............. JAJ
5s certfs IndbtlOlO.JAJ
B’k C.A New 5s ’30.JAJ
r.BLANew lst5s’O0AAO
*p’ t A Lorlmer Bt, 1st 6s.
ings Co. Elevat__ 8took
Inoom es.... ........
Bonds—See l .00k Exoh.

Bid
§110
84
ok Kx.
111X
103
101
{114
104
108
4
8
List.

Ask.
112
List.
n sx
275
1^5
103
117
100
6

I Less than 100 shares,

(G i v e s '

at foot of

Street R a ilw a y s .
Nassau Elec p r e f..............
5s 1944....................AAO
1st 4s 1948................JAJ
NewWmb’g A F llstex.4 *s
N YA Qub Co 5s 1940. AAO
8teln way 1st0s 1028. J AJ
OTHER CITIES.
Balt Consol—S to c k .........
Bridgep T r-ls t 5s ’23.JAJ
Buffalo 8treet Ry—Stock.
1st consol 5s 1981.FAA
Deb 8s 1932 ........ MAN

t Ex dlv. o f 100 p. 0. in bonds.

7

Bid.
70
104
90
108

100
9i
100

il4

110

||01d stock.

ooksecutivs pages ) . — S7REET

Ask.

§104*
9 9 * ioo j,'
§114
115*
110 118
avm

S t r e e t K a ilw u > ».
Citizens’ St (lu d ’nap)-See
Cleveland City R
y .
Clevel C ab-lst 5s ’ 09. JAJ
Cleveland Electric R y..
Con 5s 1913......... MA8
Columbus (O hlol—8tock.
Con 5s 1932—See Phila
CrosBt’wn—1st 5 s ...,
Consol Tract’n (N J )—See
Lake St (Chic)Elev-Stock
deb 5s 1928..........JAJ
Loulsv St Ry—5 p 0 bonds
C om m on...,.

Bid.
Pblla
93
§105*
93*
105X
71
List,

Ask.
list
03X
lo e x
94
100
72

Phila. list.
12X 13X
§ 83
85
§119
42
48

RAILWAYS , dec

B id .
Wtreet R a ilw a y s .
Loutsv »t Ry—Preferred. 110
I yn nA B 08-lst58’ 24.JAD §1 ’ 1
Metrop West Side (Chic)
4*
1st 5s 1942............FAA
74*
Minneap St Ry-5s ’ 19.J A.1 §100
New Orl Tr—....................
3%
Preferred—1st irst.pd.
15
Notes 0s 1904 ....M a n .........
North Chicago—Stock.. . 224
1st 5s 1906-10........ JAJ §105
No Shore Tr (Bost)-Com .
18
Preferred..................
84
*"»r oav»
I In’ er

Ask. •
114
5
70
100

4*
17*
225*'
107
15
80
•'Rt,

Mas. 18,1899.J

THE CHRONICLE —BOND
P rice
F rid a y ,
M ar. 1 7 .

BONDS
■ .T J 3T O O K E X C H A N G E
W m k ELh d iso Ma r . 17 .

R ange
sin ce
J a n . 1.

W eek’ s
Range or
L a s t Bale,

509

PEICES (5 pages) P ag e 1.

BONDS.
N .Y . S T O C K E X C H A N G E
W e b s E n d in g M a r . 17 .

W eek's
R ange or
L a s t Bale.

R rtce
F rid a y ,
M ar. 17.

Z?

||

Rang*
s in c e
Jana 1*

R id. A s k . L o w . H ig h , N o. L ow . H igh
30 117% 1 1 0 4
H 84
U0
C A CM Con)—is t o o n g 5s ’39 .11-N 1184
3 116% 118%
Registered....... .............1939 M-N
1 -^ 4
PS*
214
00% 90%
9
2
4
93
i
l
l
8
9
Sale
Gen
gold
4
4
a
................1992
98 100
100 SAie
92% 02%
9 2 4 Jan.’ 99
R e g is te r e d ........
1992 M - 8
Albany A Sasq. 3 « D i H.
10694 “ 3 105 107
R A A D ir 1st eon g 4s-1989 " J 108 108 106
Alleghany VaJ. S « PenaCo.
97
97
D
e
c
’98
J
J
2d
eon
g
4a.......
.....1
9
8
9
Am Dock A L See Can o t S J
17 88
9 5 4 May’ 98
904
S9% Sale
Craig Valley 1st g 5s. .1940 J - J
89%
894
Ann Arbor 1st g 4 e .......1995
Warm Spr Val 1st g Ss.1941 M -8
10'2Hi gala
02
1 034 373 *941034
Atch T A 3 Fa gen g 4s . 1995
102% 104
KID Lex A B S gn g 5s. 1902 M -8 101* 1024 1 0 2 4 1*034
100 i0*%
Registered................. 1995 A -O
1 014 Mar *99
HQ 110
l i u F eb /9 9
79
8 5 4 Ohio A A lton sink fd 8a. 1903 M -N *11094
*3% S*la
824
834
A d jo a tfli^ tg 4a......1 9 9 5 S ort
104
Peb.’
O
H
104 107%
♦104
F
A
Lon.
A
Mo
R
ir
1st
7a..1900
83
3
34
83
Feb.
*99
S
ort
Registered........ .....1 9 9 5
100% 100%
IO 6 4 Feb.*99
2d 7s..............
1900 M -N 100
Equip tr aer A g S i... .1902 J - J
Miss Rtv B 1st sf g 8S..1912 A -O
Chic A 3t Loots 1st 6 a.ld l5 n - a
Cblo Bnrl A Nor. 3*4 C B A Q.
103 110
HO Jan.'99
j
Atl A t Bklyn la p g 5s . 1934 j- - ~
114% 115%
15
1 154
09 1 0 0 4 Feb *99
1 0 0 4 1004 ChlC Burl A Q—Con 7s.. 1903 J - J 115 Sale
Allan A Danr 1st g 5a. . 1950;J - J
104% 105
105
Sinking fund 5s...........1901 A -O 1 04 4 . . . . 105
Atlanta A Char. See goo Ry.
11 112|j
M-N
U
2
gale
Debenture 3s............. .1913
1114 II*
A o su c A N W. See do. Pac.
125% 151V
Convertible 5s. . . . . . . . .1903 M -8 ........ 145
* 3 8 4 14*
D fttCreek Ad- See Viicfa Can
1 1 4 Deo ’08
118 118
Iowa Dir sink fd 5 s . . . 1919 A -O 118 . . . . .
l i d Jam’ 99
iJ a lt A O 1st 6s Pkbg 8 r .'l9 A - 0
105 105*
05 F e b ‘ 99
4 s ........................... ...1 91 9 A -O 1054 . . . .
115 Nnv’08
Treat Co. etfa* of dap. . . . . .
101% 102}i
Dear Div 4s................. 1922 F -A 1 02 4 Sale 1024 1024
115 Oct**93
Gold 5a
...1335-1925 P -A
100% 105
103
Feb.’9
«
1
004
.......
M
-8
Southwestern
D
ir
4s..
1921
Coupons o fL ..... . . . . . . . . .
Calc A Iowa Dir 5s.. ..1905 F - A
ia o ia o
120 Jan.’99
R egistered,,.. .1835-1925 F -A
105% 108%
08
1 08 4
1 194 tao%
119% Sale 1 194 1 194
Nebraska Kxten 4 s .... 1927 M-N 108 Sale
Speyer A Co. oertf o f dep
97 May’ 9
Registered................. 1927 M-N
Trust Co ctfa of deposit
1*2*6” is***
20
120
Han. A 3t. Jos con 6s..l911 M -8 •1204 .
1184 Sep.’ 9S
Consol gold 5* . . . . . . . .1938 F -A
107% 107]
0 7 4 Mur’ 99
110 A n* 98
Chic Bur A Nor 1st 5s. 1926 A -O ‘ 1 074 .
E e«lxi«red ,............. .1983 K -A
*
15% 115;
154
Feb.’9v
D 1 14 4 •
CbicAK 111—1at sf car 8S.1907
118*t Get.*98
J P M A Co ctfa ‘ >t dep.
O
Small ............................. 1007
Trust Co cortfs deposit
184 134
18-1 Jar .*99
134
1st con g 6a........... ....1 9 3 4 A
Balt BTt 1at g 5s intgu. 1990 M-N 100 10S 105** Dac ' 93
109% 118
112 Sale 112
11*
General 00a 1st 5 s . . . . 1937 MW Va t P 1st * 3 * ... .. 1990 A -O
0 8 4 N or‘ ©8
Registered ................1937 M-K
Monon His U t go a 3a. 1010 F -A
107
Feb
‘
99
107
J
J
110
Feb
*99
1084
H
9
M
S
C h lcA ln d C R y 1st 5s. 1938
til
Cen Ohio R la te g 4%al930
Chicago A Brie. See Erl A
85
85
8-5 Jan.’9 V
ColAClnM lst e x i 44*1939 J - J
Chlo lnd A LoularUle—
105 Aog'wd
AAACJ l«tln tg a g 3 s.l0 3 O M-N
14% 115
115 J an /9 9
J 115 ..
LoaDr N A A Ch 1st6a .* 10
Con pons off.........
103 Nor* 98
92
05
95
05
-J
0 2 4 ..
Cole I06 A L ref g S t .-U n 1'
1 07 4 J’ly *93
P u u A Co b 1st g t s . ... 19 46 J - J
04 107*
1 07 4 1 07 4
Refunding g 6 « .,..........1947 J - J 106 ..
i0 7 v i n
103
i 08
B A Q 8 W 1stg ng 4 4 * -1990 J - J
161%
104*
1644
M
ar‘
09
Ch M A St P-t st 7t I g R D *02 J - J l * f 4 ..
9 3 4 94
94 Jam*99
BA O 3 W Ry oon g 44 s 1993 J - J
l i t 7a A gold R D....10O 2 J - J 1 0 5 4 .,
3 3 4 Jan.*99
3 4 4 324
1st Inc g 5s sar A , , . .304* Now*
3% 103%
63% Feb *9©
1st Iowa A D 7 a .......... 1899 J - J 1 06 4 ..
g«nea
....... 2048 Dec*
la Feb *99
1 9 4 184
60% 164%
1 64 4 M ar’ 09
IstC A M 7 s ..................1903 J - J 1054
B A O S W T erC oga g 5*.*42 )1-J* ........
60 165
164% 104%
Chic Mil A St P e o n 7 a 1905 J - J 1 0 : 4 . .
Ohio A Mlas 1st oon 4a. 194? J - J ................ 119 Jan. *99
1084 l 1*
161 105
164% Mar’ ©©
1st 1 A D Krten 7s. ...1 9 0 b J - J 1 0 5 4 ..
126 1304
2d consol 7 *............. 1911 A - O 1
........ ! 2 8 4 Feb ’*0
20% 121
1 204 M a r’ Oy
1st Southwest D ir 6s. 1909 J - J •ISO ..
1stSpr’gdeldDI t 7s . 1905 M-N 103 Sale 108
103 106
*0*
115% Not ’ 98
1st La Crosse A D 5s. .1919 J - J
89 Feb '99
1st general 5a~ . ....1 9 3 2 J - D
39
89
18% 122
131
191
1st Bo Minn Dtr 8 « . . ..1910 J - J .........1214
Beech Creek. S w S Y C i U .
120 180%
1st Hast A D Dir 7 a . 1910 J - J 1 30 4 Sale 130% 180%
Bel A Car. 3*4 Illinois Cem.
10©4 D ec’ 9»
5 a ................
..1910 J - J
Boone? Bridge. See M E A T .
1 2 1 % 122%
122% M a r’ 99
Chic A Pac Dtr 6s.......1910 J - J . . . . . . 122
Bway A7tii A ?. See Met 8 rty.
118% 133
■kiyn El T rC o e M s tg d e lv e t ....... 104 Sale 1094 104
Chic A P W ls t g 5 a ....193) J
1304 Sale 120% 121
9 4 4 1 044
118% 121%
1 2 0 4 J on /9 0
Chic A Mo Hi? Dir 5s. 1926 J - J
od J*ne'9*
T r Co ctfa ©d g 5*. ...1 9 1 3 .. ..
HO 110%
all lasted pd....................... ..
Mineral Point Dir 5a~19lo J - J
....... . 101
89 May'©-*
ChlC A L 3u Dir g 3a.. 1921 J - J •117 ......... 1 12 Apr.'9H
8 A BBTCoot# t flg u « 5 s '4 3 ........\
93 1 014
10O % FebT* »
N
or’
08
116
J
J
100
.
.
.
.
Wls
A
Minn
Dir
g
3a..
1921
aliLaatalpd. . . . . . . . . . .
• .......120
115 116
IO24
110 Mar *99
Terminal gold 5a....... .1914 J - J
Co £1 Tr Co efs l sign g*s*37 . . . . 1 0 3 4 1 0 4
94 1034
1094
127% Jan.'9S
111 U S
Far A Sou asao g 6 a .. .1924 J - J
Bklyn Rap Tr g 5e. .......1945 A -O
U 2w
108 n * H
I lf
106% May’ 97
Coat aink fund ‘ • .....1 9 1 6 J
Bkiyn Ctly lateon 5« 1913-41 j - .1
1 174 Dee 99
...
112% 114
Dak A Gt So g 5s.........1916 J
114 Feb *09
Bklyn if Co A 8 ©on. u « 5s *41 U-Nt 107 107% 1 074 1074
1054108
108% 112%
111% 111%
Gen gold 4s series A . .1989 J - J I 111
Bkiyn A Hootaak. 3*4 L laL
105% Feb.*©Brans A West Is tg 4s. .1938 J - J
R e g iste re d ............. 1989
121 Dec *08
Baff H A Brie. Has Brie.
MU A No 1st M L 6 s.. 1910 T-n 121
126 196
26 Jan.*90
Bad R A P gen g 5s___ 1987 44 -18 1 07 4
1 094 Mar *99
1st •0ttMt6fl».»»« ...,1 9 1 3
1 074 111
1(8 146
M 4 3 4 144 148% Mar*©9
Debenture 6a . . .........1947 J - j
Cbtc A Northw—Cotj 7s . 1915
113 114%
114% 114%
•113 H i
Gold 7 s .........................1902
Rc-cb A PUU 1st g ds..ll#Jl F -A
1 37 4 1274
. . . . . 129 1 274 I * ? *
113 118
113 Mar *99
Consol 1st H e... . . . . . 19*2 J - D 1 « ? 4 I** 1*B Jan.’ OV
Registered.................. 1902 J - D •H 3 . . . .
128 138
110 120
Cl A Man 1st ga g 5 «..l© 48 J - J, 130 . . . . . 103 Apr* 97
.. 121 120 Feb *9©
fltnking fund 6a . 1872-1929 A -O
*a ff A skiathwest. 3*4 Erie.
117% Oct,*98
O
Regia tered.......1879-1929
100% 110%
110 Mar *06
B ad dt M A S W ts4g5* 1927 F -A I
Sinking rtmd 5*. 1879-1929
10
O
105 Feb *99
1 014 105
109 109
Saff A 3o«q 1st «Md 5*.. 1914 A- O
Registered. . . . . 1879-1920
109 Fob *9©
o
L22 1*8
122% 122%
Registered....... .......... 1913 A- O
Slaking fund deb 8 s .. ,1®3& M-N 122 ..
BarC R A N 1st 5s .....1 9 0 3 J - D 1 08 4 10* 109
109
U & 4 Dec *98
Regis ered....... ..........1933 n -N
107 109
110 110%
. 110
Coo 1st A OOl tr g Vs... 1924 A -O 117
N
. . . . 116 Mar *99
110%
25-year debenture 3 s .. 1909
111 116
109% Mar’ 9Registered,...............1934 A -O
R egD tered ................ 1909 d -N
104 F e b '*9
U O 4 1104
*1*17% 118**
117% Feb'99
M A dt L 1st gu g 7s.. 1937 J - D
80-year debenture 5a . 1921 A -O m “ 1!
C B l r A N W 1st g Be. .‘30; A -O 107
Registered................1921 A - O
1054 Not '9H
117% Feb.'©"
106% 109
lft g o ld 5s ................... 1921 A -O
108 M a r'99
110
Extension 4a....1886-1926
A
105 J a n '99
105 105
106% 100*
anadaBooth 1st 5*...190e J - J WO 1 104 1094
Registered. ...1886-1936 F- A
1 0
100% Feb *U©
1 084 1 104
109% 106*
*d S e . . . . . . . . . . 1918,11-3 109 110 10914 n o
, 1054 105% 10£%
109 112
Gen gold 8 4 a ........1 9 8 7 M-N
Registered.................... 19 131J*- 3
109
103 N or’ 08
R eg iste re d ...,..........1967
106 Jan.'97
Carb A 8&ewu. Bef Ilia Cent
107% May'***
Lacan A L Bop 1st 6a . 1901
Oartbage A Ad. 8*4 NYC A LL
Dea Mo A Minn 1st 7 a 1907 F -A
0 R la r AN. 344 B C R A H.
108 OcL'O m
Iowa Midland 1st 8a.. .1900 A -O
Cen Branch C P ls lg 4s.194 h J - D
*1
914
Winona A 8t Pet 2d 7 a 1907 M-N
914
9*
117% 117%
Central Ohio. 3** Halt A O.
117% Feb *99
MU A Mad 1st 6a.........1905 M- #
Cen RR A B of O a -O o ig 5s’ 37 M-N
111 111
98
95
111 Jan.*©e
96
95
OttC F A St P 1st 3a..1909 M -8
95 Feb '99
O en tof «ie R y - l s t g 5a_10*5 F-A : 1164
105 Apr.'©*
118 118
North Illinois 1at 5a .. 1910 M -8 n o
118 Mar ‘99
h o " iii* '
Registered . . ,,, ... ..1 9 4 5 F-At
142 Feb *09
MU L B A W Istg 6a..1*21 M-N 140
Consol gold 5*....... ..,.1 9 4 5 M- N
105% F eb ’ 9
954
96
238 9 1 4 97H
Coarertlble deb 5a.. 1907 F - A
9 9 4 Bate
117% 119
R eg istered .............1 9 4 5 11- M
110
119
Ext A Imp s f g fla...1029 F -A iV»*
1st pref looom eg 5s .1945 tick.:
138 P ec *08
Mich Dir 1st gold 8s. 1934
4 0 4 Bale
J 138
404
41H 85 38
*44
140 142%
3d pref InCGfUrt g 5 e^ .. 1940 OcCt
140 Mar *90
13
194
Ashland Di? Is tg 6sl9S5 M -8 18*
1* Sale
H 4 15
3d pref laeooae g 3 s . 1945 «_>«L.S .........
Incomes . . . . . . . . . . . . . 1 9 1 M-N
. 183 112 Apr.’9>7 4 Feb *9«
74
64
?4
181% 182%
M A N Dir 1st g 5 e ....l 9 4 r J - J
132% Jan.’99
Chic Bock I A Pao 6a... .1917 J - J 182
95 Dec *98
182% 188
Mobile Dir U tg 5 s .... 1 9 4 ^ J - J 100 .......
183 F e b *09
Registered .................1917 J - J
96 J l y '96
Mid ‘i l l Ati Dir 5 s .1947 J - J
96
. . . . . 8 6 4 6ep *9v
General gold 4a........... 1088 _ J 1074 gale 106% 107% 280 104% 108
107% 45 105% 107%
1014 . . . . . . 102 M ar *9©
R egistered................1988 J - J 1 07 4 Sale 107
1 014 103
©»
98
I ste o nreruble 7 s ..... 1902
98 Jan. *99
119 ......... U 2 Jan.9©
112 112
Des M A Ft D 1st 4* .1905 j - j
85
85
Oaur ertible deb 6 e . . . . 1908 M- ....
N ....... * 1 1*4 1 13 4 J*lr ’ 98
Sft
1st 9 4 a .,
85
,1905 J - J
80
Mnr'H?
General gold 3 a . . . . . . 1967 J' * J U 8 4 Bale 11^4 1 18 4
1184 11 *4
Extension 4 a . ... ... .1 903 J -.1
Re g i s t e r * ! 1987 q » J t * U 5
109%
111
alO
110
Fob
‘
99
A
-O
. . . . 1164 1164
11*4110
Keok A Dea M 1st 5a . 19*3
Leh 4 W B C con »* 7a 1900
100
Apr*©
102 Bale 109
toe
9 9 4 102
9mail
A -O
5 S ......................... .. .» 1912 M -N
97
96
98 Mar *99
* 7 4 96
Ctolc A 9t L. Ssa A t T A B F.
Am Dock l l n p Co 5«. 1931 j - j ;* i u
n o n 1154 Feb ‘ 99
1 U 4 H 5 4 Chlo 8t L 4 N O. 344 111 Cent.
N J Booth vntgnar 6a 1899 j - . i i * 100 .. .
.................... Chic St L A PUtA 8*4 PaO>.
130 187%
Cent Pamflo—Ctfs dp A-18VH,..
12 103^4 104H Cblo St P M AO oon 6 a ..1930 J - D 187 ....... . 187% 137%
1934 1064
136% 186%
1 Speyer A Co etfs BCD. 1899,___ : . . . .
1064 107
Ch&t P A Mlc 1st 6 a..1918 M-N *136% . . . . . . 180% Jan. 9©
106H Feb *99
dpeyer A C ootfs dep g.1900 . . . . .
.. .
Nor Wisconsin 1st fls.. 1930 J - J .........140
188** 1*84**
Speyer A Co e tf FGHI.1901 ....... *104
105 1074 Feb *93
104 1074
8 tP A 9 City 1st g 6§. 101WA -O 184 gale 183% *lV*4
BanJoaqaln Br g 8 s...1900 A -O i . . . .
98% 99%
10 1 0 5 4 1084 ChlC T st Trsns/er g 4« ..1 0 47 J - 4 99% 8aJo 90
10-^4 >0*4
29%
G oarer t e e d * S e.. . . . . . 1939 A -O . . . .
106 J’ ne’ Wi
1204 M ar‘9©! ... 1 204 1204 Ch A W eatl l st s i g 6*. 1910 M -N
12t% 120%
Speyer A (So eng c u . , . . . ,
. .. .
120% 120%
Genera) gold 6 a . . . . . . . 1932
110*4 l 0 4 108 1 1 * 4 122n
L*ud grant gold 5 e., . . 1900 A - O 110
1 .0 4 Chlo A West Mloh Ry 5a 1931
110
II0 4 ;
0 1 .0
0 fc O DIT ext g 5s. . . . 191 hiJ - J
Coupons otT................ .1921
101 Jem'S*,
Western Padde * 6 «..1 6 9 9 I ’ J
119 Oct-’ OT
105 Mar*03
103 105
Oln H A D eon s f 7 s ..,,1 90 5 A -O
No of Cal 1st ga a 8#.. 1907 J - J ........
103% Oct-'O?
24 gold 4 4 s .................. 1937 J - J
112
Guaranteed gold 5s. 1938 A - O .........
U 2 % F o b * «9
1 0 *4 D ec’ ©8
. . . . . . 11 Cta D A 1 1 stgn g 5 s .,1941 M -N
Oaarle? a 3* t 1st g 7s.. 1936 J - J . . . . . .
.. ................... I Q i S t L A C . ^ C C C A S t U
OSes A O —g. 8s ser. A ... 190m A - o i (*
1 10 4 ; Olna A C. B w C C C A S t U
1214 1 1 9 4 Jan/S©1 , 1 1 9
4<>14 6s . . . . . . . .....1C#11 A-Oll* . . . . . 194 1 1 6 4 M sr‘ 991 ,. II 1 8 4 1 9 * 4 City A 8 Hy Halt 1st g » A 1923 J - D
B id ,

A tk . L<ne. H igh.] N o. L o w . H igh

A Cblo Jnc. SssBAO.
Akron
UCima Cant, Sea don Ry Alabama Mid 1st «rn« ... 1928 M-J*

1M

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

n

C

y:3

y-K

'IMS

• *0 sKUmrrtd.fi U j«M .r «! « « .

1(1 »n-i

m i« !

O UTSIDE S E C U R ITIES
Bid.
S t r e e t t ia S lw a y a .
Pror A Pswt'ck-Iatfi* ’ 33 5108
BJcfem RyASleo-1 st 5e'20 70
20
D eb 6 s l e l l . .....M A S
90
3d 5a t* 3 * ............. JAD
7*
Oin 5 . I MO. .......A AO «I0 «
7*
Bo Ride m (C h id —StTKik
Uo '4 Tr A W1«c( Ptot f- BtTi
l e t s * 193-3
..MAS 5 1 H 4
94
Qqo 19*6 ,. . . .
MAN 1 95%
Wnramrter (Maas iTr-Com
19
i#rr* H........
101

Atk.
110
80
83
94
BO
10«
78
©0%
H5
95%
20
108

iim » » ,« .

(G

iv e n

* D a. Bor.

t [)a. Jalf.

ax

foot

of

U na ^ w s r l t l p T ,

B»d.

NEW FORE.
Central Union Gas—
l# tS « . . . . ..........
.
Con G«a (NT)—Rtock—N
Deb 5e 1908..........MAN
Boult G a s.. . . . . . . . . . . . . . . .
1st 6a 1899........... FAA
Con. 5s 1932... ...,M A 8
Mutaal G s a ........
N. Amaierdam Gas. Com.
P
r
e
f
.
1st mn*Ti1

f 105
V 8tk
108
ltd
}10i
1116
815
89
«7*
<104%

7

Ask,

Rxch
110
118
10*W
118
325
8*4
08

is u J v u .

c o n s e c u t iv e

iQ u J w ,
pag es

U r » M fcsrltlw i.
N Y Gas, B1 H**at A Pow..
Gold 5a (when laauf d)..
N Y & East River Gas—
1st 5a 1944...........,,JAJ
Consol 5s 1945.......JAJ
NorUn 1st 5s 1 9 2 7 ..MAN
Standard Gas—Common..
Do preferred............. .
1st 5a 1 9 3 0 ,........MAN
BROOKLYN.
Brooklyn UnGas—N Y 8t
1st oon 5e—N Y Stock
WOltnrnihnrr Gas— Is*

1 Hood. 4 m *U r. > T a a .. m o . u a a a im

).—

Bid.

GAS SECURITIES, <Sa.
Ask.

*89% ' 93*
111
108%
©4
137
151
116

113
109
©6
I 40
155
117

ock K xoh
Kxoh.
<101
109

f»n « H fc n r ltl* «

Bid.

OTHKR CITIR8.
Baltimore Con solid at—S/1• Ball List
3%
m
Boston DnltedGas Bonda- -Boato nLlat
BnfTalo City Gas—
15
14
P ro f................................
94
08
Chicago Qaa—3*4 N Y Sto ck Kx oh.
Cicero Gas Co 1st 6 s .. . . . . 102
’mcinnatl Gas A .C oke...
210
<And Interest tPrleo n*»T #h

THE

610
BONDS.
I I.T .8 T O O K E X O H A N G
W e e k E n d in g M a r . 17.

CHRONICLE.—BOND PRICES

m et
F r id a y ,
M ur. 17.

Week's
R a n g e or
L a st Sale.

B id . A ik Low S ig h . N o.
Clearfield A Mah. S u BRAP.
01 Ak A C e q A 2d 8 0a..1930 F - A
4
78
75
85
78
01 A Can 1st 5a tr r e c ... 1917 J - J
04
22
0 0 0 A S tL —G eng 4a..1993 J - D
9 1 * Dec’98
Cairo Dlv 1st gold 4a. •1932 J -J ........ 87
0
101* 102
S tL D lv 1st col trg 4 s.l9 9 0 M -N *........ 102
9C Mar'I
Registered................. 1990 M-N
Bpr A Col Dlv ls t g 4a. 1940 M -S
87 Aug’ 98
W W Val Dlv lat g 4a. 1940 J - J
9 5 * F eb ’ 99
Oln W A M D lv latg4s,1991 J - J
108 F e b ’99
Oln 1 S tL A C 1atK 4S.1936 Q-F1
R egistered ................ 1980 Q-Ft
Consol 6a................... 1920 M-N
114 Oot.’97
Oln 8 A Cl con 1at k 5a. 1928 J - J
107* Feb ’ 97
Ind B1 A W lat pf 7a.. 1900 J -J
O ln d A W lat pf 5a... 1988
8«
86*
85
88
Peo A East lat con 4a. 1940 i ' - o
29*
30
2 « * Sale
Inoome 4a.................. 1990
910 C A Ind lat a f 7 a... 1899 M?N 102 ....... 102* Feb ’ 90
137* D e c’ 98
^Conaol ......................... ..
J -D
Consol sinking fd 7a... 1914 J - D
132* Nov’ 98
General consol gold 0 a 1984 J - J
R egistered................1984 J -J
108* F eb ’ 99
CAB lat M C C C A 17a. 1901 A - O
107 D e c’98
01 Lor A Wh con 1st 5s. 1938 A - O
Olsr A Marietta. Su Pa Hit.
ISO F eb ’ 99
Olev A Mahon Val g 5a.. 1938 J -J
R egistered ............1 9 3 8 Qu-J
Olev A Pitts. Sea Penn Co.
05
64*
Ool Mldl’d—lat g 2-3-4a.l94 J - J 3 4 * Sale
72
72
la tg 4 a . ... .................. 1947 J - J 73 .......
Ool A 9th A t . See Met 8t Ry.
Oolnm A Greenv. See 8o Ry.
Ool H V A T o l-C o n g 5s. 1981
75*
7 5 * Sale
J P M A Co eng cfs f 85 pd
M ar’ 99
27
32
G .g. 0a., J P M cifs atpd..
53 .......
Gen. lieng. 4a, d o .....1996
Registered, do..........1990
Ool A Cm Md. Su B A O.
Ool Conn A Term. S&e NAW
Conn A Paa Rlva lat g 4a.’ 48
ak A Gt So. Sea CM AStP.
alias A Waco. SeaM KAT.
124 Nov’ 98
•el Lack A Western 7a.. 1907 M -S 124
126 J ’l y ’ 98
ByrBing A N Y Ist7 s.l90 6 A -O 125
143 F e b ’ 99
Morria A Essex lat 7a. 1914 M -N 143
107 8ep.’ 98
7a................................ 1900 J - J
111
111
7a................... ..1871-1901 A -O U 0 * .
143 M a r’ l
latcon guar 7a......1 9 1 5 J - D 1 42 * .
140 Oct,’ 9b
Registered............. 1915 J - D 140 .
N Y Lack A W la t0 a .. 1921 J - J 130 .
138* 138*
1 1 7 * Feb.’ 9 9
Construction 5s.......1923 F -A ♦110
108 A ug’ 98
Warren 2d 7s................1900 A -O 105 .
140 8ep.’ 98
Bel A Hud 1st Pa Dlv 7a. 1917 M -S 142 .
143 May’ 97
Registered................. 1917 M -S
122 D e c’ 98
Alh A S i8 lstoon g u 7 sl9 O 0 A -O 123
R e g is t e r e d ........... 1900 A -O
1 17 * M ar’ 99
Gold 0s...................... 1900 A -O U 7 « .
1 1 7 * Jan.’ 99
Registered.............. 1900 A -O
Rena A 8at lat7a........ 1921 M-N 152
151 Jan.’ 1
R egistered................1921 M-N
141 May’1
Bel Rlv RR Bge. See Pa RR.
8
7
*
100
92 Jan.’ 99
Hon Con Tr Co 1stg 5a..1933 A -O
Den Tram Co con g 0a. 1910 J - J
Met Ry Co lat gu g 08.1911 J - J
8
Den A R G r is t gold 7a.. 1900 M -N
108* 1 0 8 *
1 0 0 * 101 |115
lat oong 4a..................1930 J • J 1 0 0 *1 0 1
l a t c o n g 4 * s ...............1930 J - J
1 09 * Jan.’ 99
Improvement gold 5a. 1228 J - D 105 “ Sale 105
105
Dea M A Ft D. Su C R A I P.
Des M A Minn. S u Ch A S W.
Dei M Un Ry 1st g 5s. ..1917 M-N
102
DetM ATol. S u L 8 A M 8o.
Bet A Mack lstllen g 4s.l995 J - D
Gold 4b ........................1995 J - D
Dul A Iron Range lat 5a. 1937 A -O
110 F eb ’ 99
Registered..................1 9 3 7 A -O
/ 2d lienm ortgage 0a... 1910 J - J
Dul Red W A 8 1st g 5a. 1928 J - J
9 2 * Feb.’ 99
Dnl 8o 8hore A A t g 5s. 1937 J - J
15
1 1 3 * 115
ast o f Minn. S u StPMAM.
a a tT V a A G a . Sw.SoRy.
Elgin Jol A E 1st g 5 s ... 1941 M-N 1 0 9 * Sale 109
109*
Ells Lex A B B . S u C A O.
Elm Cort A No. See Leh ANY.
Erie le t ext. g 4a............. 194' M-N ♦114 117 1 15 * F eb ’ 99
2d ext gold 5s............... 1919 M -S 118^ . . . . . 1 1 9 * Aug’ 98
8d ext gold 4 * s ...........1923 M -8 113*4....... 112 Nov’ 98
4th ext gold 5a.............1920 A - O 1 2 0 * ....... 121 Jan.’ 99
6th ext gold 4a............ 1928 J - D 104 ....... 1 04 * J’ne’ 98
lstoon sol gold 7 b.......1920 M -S
145* Feb *99
lat consol gold fd 7a.. 1920 M -S
148 D ec’ 98
Long Dock con gold 0e.l935 A -O 141 ....... 139 8ep.’ 98
Buff N Y A Erie lBt 7b. 1910 J - D •140 143 140 Feb
Buff A 8 W gold 0 a .... 1908 J - J
Small . . . . . . . . . . . . . . J8VHH a - j
Jeff RR lat gu gold 5a. 1909 A-O) 100 . . . . . 100 F eb ’ 9
Chic A Erie lat g 5a... 1982 M-N 1 14 * Sale 114* 115
13
Coal A RR lat c gu 0s. 1922 M-N
Dock A Imp 1st cur0a.l918 J - J 117 .......
N Y A Green L gu g 5a. i 940 M-N ‘ ............. 110
109 Oct.’ 98
Erie la tco n g 4a pr bda.1990 J - J
6 3 * Sale
93*
98*
Registered.............. ..1990 J - J
93
93%
le t eongenlieng 4a....1990 J - J * 7 3 * Sale
72*
7 i*
R egistered ...,.......... 1990 J - J
N Y 8 A W—lat ref 5e.l937 J -J 108 8ale 108
109
2d gold 4 * a ............... 1987 F -A
9 2 * A ug’98
General g 5a.............. 1940 F -A
9 6 * Sale
90*
97
Terminal lat g 5a__ 1948 M-N 112 ....... 111 Oot,’ 98
Regia 15,000 each. 1943 M-N
WtlkA Eaa 1at gu g 5 b1942 J - D '1 0 2 * ...
1 04 * 104*
Mld RRofNJ la tg 081910 A -O 122 Sale i 122
122
Saoan A L Sup. Su C A N W.
Eureka Springs lat g 0a. 1933 F -A
05 N ov’07
Ev A T H lat con 0a.......1921 J - J
1 21 * Jam’ 9
l i t general gold 5a. . . . 1942 A -O 10594 IOC 1 05 * 100
Mt Vernon lat 0a.........1923 A -O
H3ull Co Br'ch la tg 5a..1930 A -O
E rA In ila tco n gu g 0a.. 1920 J - J .......101* 100 M ar’99
Fargo A So. S u Ch M A 8t P .. I

R a nge
sin ce
J a n 1.

98

9 0 * 103*

95
102

83
23
102

95*
104

88*
83
102*

1 08 * 108*

04
71

80
34

D

.

143

144

n143o *

143

138
117

138*
1 17 *

111

117*117*
117* 117*
151 151
90

92

107
100
1 0b «
1 02 *

109
101*
1 09 *
lO''

ock’98

E

1 0 7 *1 1 0

1 1 1 * 115
104*109*
115* 117
121

121

145** 145*
140

140

106 100
1 11 * 115

92*
98
71*
107

95
93*
77
109

“ 95” ” 99’
9 8 * 1 04 *
122 122
121*121*
1 00 * 100
100

103*

A Pere M g 0 a.. ..1920
Flint
lBt consol gold 5 a....1939

OUTSIDE S E C U R ITIES (G i v e **

City H A L (F storla) 5i.
Columbus (O) Gas—Stock
lat 5 b 1982............. JAJ
Conaol Id Gaa (N J l—8tck
lat 5a 1900----- . . . . JAJ
P r o f ...............................
Oonanm Gaa (J City)—Stk
1st 08 ....................MAN
etrolt Gaa—See N Y Exc

a t foot of

Bid. Ask. f
G h i Secu rities.
Bid.
35
Fort W ayne (Ind)—Sto jk
38
00
{100
lat 0a 1925..............JAJ
79
$........ 94
Grand Rapids—Stock.......
00
92
lat 5a 1915............FA A
95
{104
Hartford (Ct) Gas L . . .25 H I *
Indiana Nat A 111 Gaa—Stk 58
1 8* 20
82
80
lat 6a 1908 ........ MAN
71
4 2 * Indianapolis Gaa—Stock. 100
42
lat 6 b 1920............ MAN ■WK
01*
Jersey City Gas L igh t.... 210
88
90
Laclede Gas—N Y Stock Exch.
100 108
Lafayette (Ind) Qas—8tk
70
h. Hat,
lat 0a 1024............ MAN 81

Bid.
A -O 122
M -N ♦100
A -O 105
J -J
J -J
J -J

P t Huron Dlv 1st g 5a. 1939
Fla C en & P en la t g 5a.. 1918
lat land gr ext gold 5 b.1930
Conaol gold 5s............. 1943
Ft S & V B Bge. S u StLASF.
Fort 8t D DCo la tg 4 * B l9 4 l J - J
Ft W & D C—lB tg 4-08.1921 J - D
Ft W A Rio Gr lat g 3-4a. 1028 r - J
Fulton Kiev. S u Kings Co El.
r j al Har A S A . S u 8 P Co.
v * a l HAH o f ’ 82 lat 5s,1913 A -O
Ga A Ala Ry lat pf g 5s. 1945 A -O
Ga Car A No 1st gu g 5a.l929 T - J
Georgia Pacific. S u So Ry.
Grand Rap A Ind. See Pa Co.
an A 8t J. S u C B A Q
ou8atonlc. S u NYNH&H.
Houst E A W T 1st g 58.1938 M-N
H oub A T ex Cen. Sea So P Co.
llinois Cent lat g 4 a ... 1951 J - J
Registered.................1951 J - J
lat gold 3 * a ..................1951 J - J
Registered................ .1951 J - J
lat gold 3s sterling... .1951 M -8
Registered... ... ... ..1 9 5 1 M -8
Coll Trust gold 4s.......1952 A -O
Registered..................1952 A -O
L N O A T ex gold 4a 1953 M-N
Registered.................. 1953 M-N
Coll tr 2-10 gold 4 a .... 1904 J - J
Registered..................1904 J - J
Western Line 1st g 4s.l951 F -A
R egistered ................ 1951 F - A
Louisville Div g 3 * s .1953 J - J
R egistered ................ 1953 J - J
St Louis Div g 3s.......1951 J - J
R egistered ................1951 J - J
Gold 8 * s ................... 1951 J - J
R egistered ............ 1951 J - J
Cairo Bridge gold 4 a ..1950 J - D
R egistered ................ 1950 J - D
Middle Div reg 5s.......1921 F - A
Spring Dlv la tg 3*8.1951 J - J
R egistered ................1951 J - J
Ohio St L A N O g 5 s ..1951 J - D
R egistered ................ 1951 J - D
Gold 3 * s ................... 1951 J - D
R egistered .............1951 J - D
Mem Div 1st g 4 s . . . .1951 J - D
Registered.............. 1951 J - D
Bellev A Car 1st 6 a .... 1928 J - D
St L Sou la tg u g 4 a ...1931 : - s
Carb A S la t g 4s.........1932 M -8
I n d B lA W . S u C C C A St L.
Ind Dec A W 1st g 5 a.. ..1935 J - J
Ind 111 A la lat ref g 5a. .1948 A -O
Int A Gt No lat gold 08.1919 M -N
2d gold 5s.......................1909 M - 8
3d gold 4s.......................1921 M -S
Iowa Central latgold 5 a .l9 38 J - D
Iowa Midland. See Ch A N W.
Jefferson RR. See Brie.
a l A A G R . S eeL S A M S .
an A Mich. See Tol A O C.
K C A MRAB 1st gu g 5a. 1929 A -O
K C P A G lat A col g 5s.l923 A -O
Kan C A Pac. See M K A T.
Kansas Mid. See 8t L A 8 F
Kentucky Cent. See L A N .
Keok A Dea M. See C R I A P.
Kings Co El aer A lat g 5a ’ 25 J - J
Ful El lat gu g 5s aer A .’ 29 M -8
Knoxville A Ohio. See 80 Ry.
T a k e E rie A W la tg 5 s . 1937 J - J
-Li 2d gold 5a..................1941 J - J
North Ohio lat gu 5a. .1945 A -O
L S A M S. See N Y Cent.
Leh Val (Pa) ooll g 5a .1997 M -N
R e gistered .............. ...1 9 9 7 M-N
Leh V N Y 1stg u g 4 * a .. 1940 J - J
R egistered ...................1940 J - J
Leh V T e rR y la tg u g5al941 A -O
R egistered ................... 1941 A -O
L V Coal Co la t gu g 5s.. 1933 J - J
R egistered.....................1988 J - J
Leh A N Y 1st gu g 4a. ..1945 M -8
R e g is te r e d ................1945 M -8
El C A N 1st g 1st pf6o. 1914 A - O
Gold guar 5 a ............1914 A - O
Leh A Wllkesb. See Cent NJ.
Leroy A Caney Vai. See Mo P.
L ex A v A P F. See Met 8t Ry.
L R A M la t g 5s 1987 Tr ctfa.
Long Dock. See Erie.
Long lal’ d—lat con g 5a. 1931 Q-J§
lat con g 4 s ..................1931
General gold 4 s .......1 9 3 8 t - %
Ferry 1st gold 4 * s . ... l 9 2 2 M-8
Gold 4a..........................1932 J - D
Debenture gold 5 a ..., ,1934 J - D
N Y A R B l s t g 5 b. ...1 92 7 M -8
2d incom e........
1927
N Y B A M B co n g 5s.. 1935 1 - 8
Bklyn A Mon 1st g 08.1911 M-8
lat 5a.......................... 1911 M-8
Nor Shb la tco n g g u 5 s ..’ 32
N Y Bay E x R lat gu g 5a’ 48 T - j
Montauk E x gu g 5s. ..1945 J - J
La A Mo Rlv. See Chi A Alt,
L E A 8t L Con on g 5s Tr oerta
General gold 4a............1943 M -8
Lou A Nash—Cece) Br 7al907 M -8
N O A M la t g 0f ....1 9 3 0 J - J
2d gold 0a...................1930 J - J
E H A Nash ls t g 6 a ...1919 J - D
General gold 6a..........1930 J - D
Pensacola div gold 0a. 1920 M -8
I
T, dlv la tg 0s.......... 1921 M -S

H

I

.......
Sale

34 Sale
6 3 * Sale

W eek's
R ange or
L a st Bale.

R ange
sin ce
Jan. L

Low. H igh. H o.
12 2 * M ar’ 99
1 0 !*
101*
104* 105

105
34
05

M ar’98
84*
60

101 101* 1 0 1 * 1 01 *
1 0 6 * ........ 106 Dec ’98
100 Jan.’ 99

19
03

L ow .
m
100*
100

H igh
128
101*
100

84
62

87*
00

9 9 * 102
100

100

9 7 * 104

1 0 3 * Sale

103

115

LI2 * F e b ’ 99
112* N ov’ 98
105 Jan.’ 99
1 02 * A pr.’ 9b

112* 112*

107
104*
1 04 *
101
100*

105* 107
1 04 * 1 04 *
103 1 0 4 *

.......

*.........107
i o 4 * :::::

103*

F e b ’ 99
Jan.’ 99
1 04 *
M a ry
Sep.’ 98

i o i " Feb ’ 99
♦ 98
88

98*
Sale
98*

103* 105

104

104

93*

99

98*

99

82“

*83*'

81 “ ' 8 8 *

96*

“ 90*

94“ ' 0 8 *

1 2 6 * Feb ’ 99
123 Sep.’ 98

120

120*

104* F eb’ 9

104*104*

121 F e b ’ 99
9 4 * Dec ’9 8
90 N ov’ 98

121“ 12Y

103 Jan.’
1 0 7 * M ar’ 99
1 24 * Bale 1 2 4 * 124*
92
94
93*
00
58 ....... . 00
109
109

m 2 * ion
1 0 4 * 101
124*125
y 2 * 97
60
63
107 110

L21
1 93
93

08

Sale

66*

71*

♦ 70 .......
6 2 * 68

72
72
0 2 * M ar’ 99

118*119
105 110
101 105

1 1 8 * 1 18 *
108* 108*
101 F e b ’99
104

♦100

.

100*

iiB * :

85*
122 .
LOS
........ 1
99* .
100 ,
95 .
100 .
107
115
104
95

05 Sale
......... 10
104 .......
131 Sale
119 122
1 1 5 * .......
1 1 9 * 8ale
106 ........

08*

75

05
59

77
74*

L ie * 119
1 0 3 * 110
LOO 102

Aug’ 98
100*

1 13 * 113*
1 0 9 * J’ l y ’ 97
90 Feb
93

Feb •«

1 05 * 107
113

113*

“00“ *90M
*91* “9 3"

101

8ep.’ 97

37

M ar’ 99

38

37

122

Jan.’ 99

L20

122

100
100
9 9 * Mar’ 99

98
99

100
101
100

100

Jan.’ 99

100

107

Jan.’ 99

107“ 107"

05
106
131
120
117
119*
103*
125

00*
Nov’ 97
131
M ar’ 99
N ov’ 98
1 19 *
8ep.’ 97
D ec’ 98

50
6

72
10

1 2 9 * 181
117 120
1 1 7 * 121*

t Bonds due April. iJBonds due January, § Bonds due July* a O ption sale

7 c o n s e c u t iv e p a g e s ) . —

GAS SECURITIES, <&c

Bid. Ask.
Ask. (
G an S e c u r itie s .
LoganaptA Wab Val—Stk 56
60
74
75
72
81
1st 6s 1925 ............J&D
102 I Madison (W is) Gas—Stck
70
75
10414
1st 0s 1920............AAO {105
109
Ohio A Indiana—S tock...
50
00
lat 0s 1920 ............JAD
72
62
75
Peoples Gaa A Coke—N Y Stock Exch
105
Philadelphia Co—See Boa ton L lat.
44
46
1 00 *
9 2 *. 95
74

A sk

....

[V ol. LXVII1.

K

*N oprlceFrlday; these are latest bid and aaked this week, t Bonds dne August,

Gan S e cu ritie s .
Ity Gai .N orfolk V a )....

P ric e
F rid a y .
M ar. 17.

BONOS.
N .Y . 8T O O K E X C H A N G E
W e e k E n d in g M a r . 17

Low. High

87*

(5 pages) P age 2.

Conaol 5a 1944 ....M A S { 88
17

90
19

Bid.
G a n S e c u r lt le n .
82
Svr’aeGaa— lit 58 ’ 46. JAJ
95
Waatern Gas (M ilw ). . . . . .
5s—See N Y Stock Exch list.

Ask.
84
90

American Dirt Tele—NY Stock Exch
American Tel A Cab—NY 8tock Kxoh
Central A South Ainer— 110 115
58
57
Jhes A Poto Teleph—Stk
103 105
185
118
80
Emoire A Bay State T e l.. 75
{A n d interest, tPrice per ah are

THE

Mae . IB, 1800.]

BONDS
H.Y.8TOOK. E X C H A N G E 1

C H R O N IC L E -B O N D

P ric e
F r id a y ,
M ar. 17.

fe j

31

B id. A ik .
__ _
M -8
J - J 105
A -O
1 08 * .
f-A
10* .
Unified g 4 »..............1 9 4 0 J - J
05H
R e g iste re d ...........1 9 4 0 J - J
Col tr 5-90 g i s . . . . 1903-1“ A -O 1 0 0 * ICO*
Pena A Atl 1st gn g 8s. 1021
A 111
CoU trust g 5s.......... ..1931 M-N 1 0 9 * Sale
L A N £ M A M l* tg 4 * s 1945 M - f i liU
N Fla A 8 1st gu g 5s .1937 F-A>*106
94
Kentucky Cent g 4s. ..1987 J - J
L Cm A Lex g 4 * s . . . . l 9 3 i M-N
L A Jeff B geC o g a g 4s. 1945 M -3
L N A A C . 3 m C I * L.
Lout* Ry Co 1st eon « Ss.1930 J - J
V f sh oo Goal. Sm L 3 A M S. I
JA enhaitac Ry con 4s 1990j A -O * ....... 105*
Metropol El 1st g ds.,.1908 J - J 1 1 7 * Sale
3d 0s.......... . . . . . . .,,,1 8 9 9 :M -?» 1 0 * * . . .
M ans W Colonl* * 5*.. .1934 J - B
Market St C tty 1st g 0s. 1913 J - J
MoK'pt A 8 V. See P McKAY
Metropolitan Bl. 3 m Man Ry.
Met 8t Ry gen o tr g 5 s.. 1997 F - A ISO* Sale
BwayA7thATl»tcg 5s. 1943 J - D .......194
R egistered.............1943 J - D .....................
C o lA 9 th A T lsig u g 5 s.l9 9 3 ;M -H 1 9 4 * .......
Registered .. ... ... ..1 9 9 3 ] M - H ..................
Lex A t A P F 1st go g 5e/9 3 M -N 1 9 4 * . . . . .
R egistered........ .
|M -8 ..................
Max Cent eon gold i s . . . 1911 J - J * ....... 72
1st eon Income g 3 *...1 9 S 0 j J'lyl] . . . . . . . . . . .
24 eon income g 3 s . . . . 1939
■ q alp A eotl g 5 * .......
* 7 4 -0
8 8 * Sale
Max Internal 1st a
j t*.’ 7 7 M - *4
Mex Nat l i t gold 8s.......19*7 J - D
94 tne 6« A Cp stsnpd. 1917;M-3* . . . . . . . . . .
*4 Income gold 9# a . .19171 An-* . . . . . .
Mex North 1st gold 8 e ..l 9 l 0 J - D; 108
Registered . - .......... ...1 91 0 J - D ' ......... .. ..
Mich Cent. 3*4 N Y CentMid o f N i . 3*4 N Y 8 o» A W
MllEl R y J sL tO -y rg 5 s .l9 9 * F -A ..................
ftf L S * W . 8*4 Ohio A N W
MU A Mad. 9** Chic A N W
MU * N o'tM 3*4 C h M A S tP
MU A 8t P. 3*4 Ch M A Si P
Min A 8t L *a. 3*4 8 C R AN
Minn A til L - i * t g 7s ., 1927 J -D ; i4 7 * 187
1st con* gold 5
e
.
M- f f 118 . . . .
lo w * ex le t gold 7 s ...l9 0 9 J - D *U 4 ___
8oath W e ste r 1st g 7s.* 10 J - D *197 199
Pacific** 1st gold 4s. 19* i A -O 130 130*
M A P 1st 5s i t i s Inigo..*8« J - J . . .
M 38MAA 1st g 4s lot go *8 J - J .. ..
M3tPA.8.3Mcong 4slntgn'9r* J - J —
Minn 3t Ry 1st c m g 5s. 1919 J - J *108
Minn Co. 3*4 at P M A M.
9 1 * 3*i*
Mo Ban A T ex —ls tg 4 «. 1*90, J - II
37 * 8*1*
3d fOid 4*. .. . .. ... ... .1 0 9 0 , F-AI
1st ex ten gold 3s........1044 M- N
88 Sale
M K A T or T 1st g a g 3 s.'43 M~ N H
....... .
B O A Pac 1st g i s . . ..1990 P- A
79 Sale
Dal A W* 1st g a g 5s. 1940 M-N
S ooner Bd» C oca g 7 s ..’ 00. >i-N
Teho A Neosho 1st 7s. 1903 J - D
Mo K A B 1st go c 3s. ..1943 A - O 104
Mo Pac—1st oon g 8s. ..19*0 M-N 120 Sale
3d 7s____. . . . . . . . . . . . . 1900 M-N 114
Trust i H .................... 1917 M-81 100 Sale
R egistered............... 1917 M-gi ...................
1st eoll gold 5s............ 19*0 F - A
9 5-. dale
Registered............... .1920 F- A ..................
Pac R o f Mo 1st ex g 4s.'3 8 'F - A 10
107*
34 extended gold Gs. 103* J - j
11
Yerd V t A W l s t g 5#..*26 M -8 ...
Leroy A C Y A L l « « 5 * i « J - J
8 tL A l M t ls t e x t g « * a .'4 7 F-A* 1 0 5 * .........
3d a atg 5e.........,...1 9 * 7 M-N
106* .....
Ark Branch e x t* 5s. 19-53 J - D 1 06 * 106*
Gencon ry Aid g rig Be*31 j A - O l i t * Sale
Qen oonstam pgtd g 5« *31 iA - O I I I
.......
Miss R1* Bdge. SssChlcA Alt
M obABirm prior lien g 5«.’ 45 J - J
8 mai l . . . . . . .
JJ - j j
Income gold 4s .......... 1945 J - J
S m a ll................................ I.........
Mob A Ohm new g i 0e..**?(X~D|
I ?9
1st extension gold 6 e.lg a ?U j-J *
I9 i
General goid is .. .
1938 M- si 84
M ontgom D ir ls t g 3*. 194 7 ff- a 107 Sale
8t L A Cairo gt> g 4 *.. 1931 J - J
Mohawk A Mai. BssN T C A fl
Monongahela Rlr. 3*4 B A O
Mont Gent. S*4 at P M A M.
Montauk Bxt, 3*4 Long I*.
Morgan's L aA T . B ssSP C o.l
Morris A Bseex. 3** Del LA W
ash Chat A 8t L 1st 7s.’ I3 J - J 131
3d 8s.......... .. ... .. 1901 J - J ___
1st oon gold 3 e........1 9 1 ^ 1 A - O 107
m e s T A P b ...........1 9 1 7 J - J
....
let 8s McM M W AA1.1917 J - J . . . .
1st gold 8t Jasper Boh. 1933 J -J , , , ,
Nash rlor A Bbef. 3*4 L A N
New H A D. 3*4 N f i t H A H
N JJn nfl RH. B^sN YC ent.,
N J Boat hern, a** Cent H J. j
New A Cin Bdge. 3*4 Penn Co
N O A N » prior Hen g 9 e. 1915 A*01
N Y B A Man Boh. 3*4 h 1.
N Y Bay Brten RR. 3*4 L L
W Y Cent A tl R— 1st 7»„ 1903 J - J 114
R egistered .,............1903 J - J 114
Debenture 5 «o f. 1S84> 19041M - M i0 7 *
R egistered---- 1984*1994 M -9 107
R egdeb 5s o f ...1839-1904IM -«i! IP? .. .
Lou A Nash (Con.)
St. Louis Dtv Jd g 3s.. 1980
Nash A Dec 1st 7s....... 1900
rftakfd (8 A A )g 8 s ....1 9 1 0
3 A N A con ga g 5 s ....1 9 3 8

.....

N

W ttk 't
'f t !
R ange or
L a s t B alt.

....

O

Ask.
L ist
50

1 l>ua J*n.

! ri[ii)Jnn,

a t foot of

J D u . Juno.

{ D a . Mar.

T Duo Wot.

7 ooNBECtrrrvE paobs).—

T e le g d jc T e I e p h .
Bid. Ask. (I E le c t r i c C o m p a n ie s . [ Bid,
Soathera A A tla n tic.. . . . ,
90
95 |j Rest Rnd Biectrlc Light.
Weet’ n CtLlon Teles—N Y Stock R ich j!
i*
Fort Wayne Eiec. C o ..25
4c
E lectric Compnnlea
Series A ........................
93
Allegheny Co Light Go,.
168 175 | General Blectrlo <> —N Yf etock
Brush klectrio C o . . , , . , . .
42
19 j Do pref.—Set Boston
1st.
305
BCdgpn tOt) Bl U Co.25 t 41
4 5 !: Hartford (C t) Bloc Lt Cl 180
List.
Consol Bieetrtc Storage.
9
10
H artrd(Ct) LtAPowCo25 (t 4
Eddy BJectric Mfg Co..25 t 19)4 15 (I Mo Rdlson BlM tilo.
22*
Bdlson m W Co NY—N Y StTMjk RMhj
Do preferred...
60
i Kdlson Bl ill Co Brk—N Y Stock Exoh |j Narragan. ( P r IEl Co. 50 txS4
J
1 15
Edison Ore Milling Co...
4
6 ■ New IU r KJ».1 Elec Lt Co 166
80
Edison ***orage Co.. . . . .
30 1 Rhodg Islard Elec Pro 'o *11*34
24

511
R ange
s in ce
J a n . 1.

W eek’ s
R ange or
L a s t S ale.

B id. A t k
N Y Cent (Con.)
Debenture g 4 s ..1890-1905 J - D 1 03 * .........
107 N or'98
Registered....... 1890-1905 J - D 103
Debt eerta ext g 4s— 1905 H -N 1 0 3 *
1 0 0 * 107*|
1 0 8 * Mar *99
Registered.......... .
1905 M -N 103
107*110*1
110
110*
G 3 * s ............................. 1997 J - J m « U 8
95*
95*
9 4 * 9 4*
Registered.................1997 J - J
Lake Shore ool g 8 * 8 .1 99 8 F - A 100 Sale
1 00 * 100* 100 100 100*
R egistered....... .....1 9 9 8 F - A
99
ft 9)4
112 Jan-'WO
11
112
Mich Cent coll g 3 * s .. 1998 F - A
1 0 9 * 109*1 • .« 108 110
R egistered ................ 1998 F - A
108 Jan/99: .«>. 108 103
Harlem 1st 7 s . ............ 1900 M-N 108
1 0 8 * Mar *99; •**. 1 0 6 * 1 03 *
Registered......... ....1 9 0 0 M-N 108
94 Peb.’99 . . .
N J Juno R go 1st 4s .1986 F -A 103
9i
94
108 Jan.*98 . . . .
R egistered................. 1936 F -A
W est Shore 1st is g u .2861 J - J U S * Sale
......
Registered................ 239 1 J - J H 2 * .......
.......
109 Mar'98
Beech Crk 1st gn « 4s. 1986 J - J n o
Registered. . . . . . . . . . 1936 J - J
104*
104* f i l l 05 107
2d gn gold 5a.............1936 J - J
117
1 17 * 15 ! 11« 1 1 7 *
Registered.. . . ... ... 1 9 3 6 J - J
4 1 02 * i o a *
102* 10 4 *
Clearfield Bltum Coal Corp
1st s tin t g a g tsse r A .‘ 40 J - J
Small bonds series B ..’ 40 J - J
Gout A Oswe l s t g n g 5s.*42 J - D
R W A Og eon 1st ext 5s.'22 A -Oi ISO* Sal©
130
190*
1 1 8 * 1 2 4 i Nor A Mont 1st gn g 5 « .'l6 A - O
122 Mar 99
122 125*:
R W A O T R ls t g n g 5 s . 18 M -N
Oswe A R 2d g a g 5a.. 1915 F-AI
1 3 5 * 137
UUca A Blk R lr gn g 4s. *22 J - J
124 Mar *9 *
Moh A Mai la tg u g 4s. 1991 M - 8
Cart A Ad ls t g u g 4s. 1981 J - D
1 94 * Mar *99
124* * 196*
N Y A Put 1st con g a g 4s.*93 A -O
N Y A North ls t g 5 s.. 1927 A -O
“3 8 * Jan*'99
88* 68*
Lake Shore A Mich Booth—
Det Mon A Tol 1st 7s 1906 F- A
Lake Shore d ir Id 7s. 1899 A - O 102 * .....
95j R 4* *8 8*
8 0* ’ 87*
Consol 1st 7 s . . . . . . 1900 J - J
Registered ..........1900 O -J l
Consol 2d Vs.......... 1903 7 - D
Registered.......... 1903 J - D
3 * Dec *98
Gold 8 * e . . ......1 9 9 7 J -D 1G9 n o
97 Feb 97
Registered.......... 1997 J -1)
ClcA 3 1st gL 8AM 8 7s’ 0 1 A - O Vos ‘ “ ! !!
K A A G R 1st g c 5s. 1983 J - J
Mahon CM RR 1st 5a. 1984 J - J M *9 ; ; ; ; ;
105* F«b.*99
103* 105*;
Mich Cant— 1st oon 7s 1902 M-N 112
1st cou 5 s . . . . ............ 1902 M-N
6s................................. 1909 M- 8 120
5s................................. 1931 M - 8 125
R egistered............. 1981
4 «...........
1940 «
140 Jan.‘ 90
us
146
R egistered............. 194» J - J
113*
1 13
n o * usu
1«5 J an. 00
Bat C A St 1st gu g 8a.’ 8V J - D
125 125
N Y Ohio A St L i s t g 4a. 1937 A -O 107 107*
! 37 J *n /8 8
127 127
136 Dec *99
Registered............... ...1 9 8 7 A - O
IN Y A Greenw L * k * 8*4 Erse
N Y * Her. 3*4 N Y C A Had.
N Y Lack A W . 3*4 D L A W
;;;;;;
N Y L K A W. See Brie.
N Y A Man Bch. 3*4 Long Is.
8314
0 1 * 95)4 N V A N 8. 344 N Y N H A II
9*
07
N Y S n A Hart l i t rag 4a '03 J - D
6 5 * 71
874*
Convert deb certs $1,000 .. A - O 1 8 1 * Sale
3-H* Mar’ VV
6S
90
Small eertfa $ 1 0 0 . . . . . . . .
36
88
WO
36*
Housatonic R oon g 5a 1937 M-N
70
75>4 32
7 7H
N 11 A Derby con 5e. ..1918 M-N
06 Mar 90
85
05
N Y A N K 1st7 s ..,,..1 9 0 5 J - J 1 2 0 *
1st 6#.......... ..............1903 J - J U 4 *
17) 1 91 * 10S
104
S Y A North- 8** N Y C A li.
104
9>u 1 0 8 * 131
N Y O A W con ls t g 5s. 1939 J - D 1 06 * 1 07 *
110
121
Refunding l s t g i s . ...1 99 2 M-81 . . . . . . 1 0 »*
1 14 * Mar’ Wfl
1 1 4 * 1 15 *
Regia $5.0 00 o n ly ... 1992 M-SS
00
100)4 2?3 9 1 * 100*
N Y A Put. 3*4 N Y C A IL
94*
9 6 * 972 88
9 8 * N Y A R B- 3*4 Long IsL
N Y 8 A W. 3*4 Brie.
108* Mar *99
106 107* N Y Tex A M, 8*4 So Pac Co.
111* J an. *99
111* 1 1 1 * North lUlnota 3*4 Chi A NW.
North Ohio. 34* L Brie A W.
“ !! “ .’ !!! Northern Pacific—
Gen 1st HR A L G s f g6s.*21
l i e * Bale
105* K -5*
1 0 5 * FW) *99}
Registered..............1 9 2 1
106*
106*
106* 107*
1 92 *
i 105* 106*
106* 106*
8 t P A N P g e n s 6 s ... 192$
no*
U2
Registered ctfs .........1923
UfSO 105 1)3
l 110 111*
1 0 8 * Sale
Prior Hen r A 1 g g 4 s .. 1997
in * in *
101
.....
Registered................1 99 7
General lien g 3s.........2047
6 8 * Sale
Registered .. ... ... ..2 0 4 7
Wash Cent 1st g 4« . .1946
••
Nor Pac Ter Co 1st g 6a 1938
118
Nor Ry Cal- 9«* Cent Pac.
196* Mar'99 . . . 195 138
117 F en '9 »
117 118* Nor W la 3*4 C St P M A O.
1 Sfiuth 1st g 5s--- .1941
34
3 4*
8 2 * 88 i *’
Nor A W est gen g 6 s.. . . 193!
*130
10614 107
106 108
New Riser 1st g 6s. . . . 1982
Imprrm t A ext g 6 s .. . 193 4
C C A T Is g u g 5 a . ..1992
8 d o VAN E 1stg u g is . 196W
0 7 * Bale
N i f f R y 1st oon g 4s. 1996
9 2 * Sal®
Registered . . . . . . . . . . 1996
Sm all.......... .............. 199rt
132 M ar'99
183 133*; Nor A Mont. See N.Y.Cent.
tndAW, 3** C O C A 8tL
1 05 * Nqt *97
hlo A Miss. 8** BAG 8W
108
108
108 108
<IWO River RR 1st g 5#.. 1936 J - D
General gold 5s............1937 A -O
Ohio South.gea 1st g 4s. 1931 M-N
Eng Tr Co ce r tfs .,. . . . . . . .
Ora A l t L l s t g 4s.........1901 J - J
81 Bat©
Ore A Cal. 8*4 8o Pac Oo.
111 ....... .
Ore Ry A Nav 1st s f g 6s. 1909 J - J
Or® R R A Nav oon g 4 s.. 1946 J - D 10 1 * date
Or® Short Lint l s t g 8s, 1922 F - A •126*
Utah A Nor 1st ? s .......1908 J - J
Gold 5 s . . . . . . .............1926 J - J
115
lt5
1 1 4 * 1 1 7 * )r®8h L—1st oon g 5s... 19 46 J - J I l l
Sale
1 1 4 * M ar’ 99
1 1 4 * 117* ■ Noqhhud iae A 9 i .......1948 Sep.* * 85
m * J a n .* 9 9
n o * u s * I Non-ca ino B A col tr.. 1948 ' Ct.4 • 68
67
118* Jan.'99
U S * 1 13 * ’ •weco A Rom®. 8** N Y
h ” f A 8t P. Sr# C A N
1 0 9 * Sep.'97

O U T 8 ID E S EC U R ITIE S (G i v e n
Bid
Rost
42
118
90
87
Inum sO iffi r>eean...
115
200
[ Bost.
ea list
Nortfeweetern Teiegraph. 115
W Y A N J Telephone
154
_ 7S l £20.................. MAN 1 19
F acifU A Atlantic
75

P r ic e
F rid a y ,
M a r. 17.

2^
BONDS.
w.2
N .Y . S T O C K E X C H A N G E § u
W e e k E n d in g m :a r . 17.

Loto. H igh. N o. Loto. S igh .

'» 0 F 6 M ir n 4 « T ; O i < H U 4 l U « t M 4 u i 4 H M I 4 3 * n t .

T e l eg. A T e l rph.
Brie Teieg A T elep .FraokHn
Gold A 8tcek ...............
Bond*. . , , , , . . . . . . .

Range
sin ce
Jan. 1

P R IC E S (5 pages) P a g e 8.

L ow . H igh . N o. L ow . B i g * .
104
104*
107;^
104*
112
111*
99*
98*
98*
97*
106
106
103

Deo ’98
Feb.*99
Feb.'9 9
J’ ne’ 9S
M ar'99
F t b ’99
100
99
99*
97*
108
106
May’ 9'

112* t lS *
1 1 2 * 1 12 *
106 Nov’ 98
106 J‘ne*9S

95
ltd *

107

105* 1 0 ? «

26 U 0M HEW
io a ^ n s

J 'ly ’ 08
ISO

130*

188

A ag‘ 98

12S * D e c’98
121 Apr.’08
1 0 2 * Feb '99
1 0 6 * Mnr’ 99
1 0 6 * F e b ’99
1 16 * Jan-'OO
116* Jan.'99
100*
no
106 Jan.’ 90
1 0 8 * Dec *97

102*
IDS*
10514
11 a*
116V4
86 106
106

....

1 2 i“ OeLV08
112 M ar'90
1 0 4 * Doc *98
122 Feb.’OB
1 2 1 * J ‘no’ 98
1 25 * Jan.’98
108*Fob.*98
108 Jan.’ 98

10S«
1 05 *
IC 6*
119)4
116*
110
106

l i i w 118

13 10«

108

1 0 4 * OCt-*97
1 3 1 * 181*
177 F e b ’99
1 2 6 * A a g’08

178
178

184
177

i i O * M ar1‘99
1 1 4 * Jan.’ 99

180
114

18044
n «v l

1 0 6 * 106’
1 0 8 * to;
1 0 1 * Nov

i o « 10044
10844 108

107** i 0 7 *
104 Nov'98

1UJ.116S4
1 1 8 * 1 16 *
117 Oct ’ 98
1 31 * D e c’ 88
130 8cp.*98
103
108* 240 10144 10844
2 10844 IO844
1 03 * 108*
08
6 8 * 81 8744 70
92
115

Feb *99
Feb ’ 90

102
130*
128
117*
101
97*
9«*

J’ne’OH
Fob *90
NOV'08
Aug'98
Feb’ 07
07*
02*

102

Jan.’9*

9 gep.’WH
8 * gep.*98
81
81
111
111 *
101* 101*
1 2 8 * 120
18*14 J’ ne’ OH
102 May*9r"
110
111
85*
88$
68
flfe?

40
118

116

180

13044

88

06M 38
88)4 38)4

80

BS

110 118)4
1004. 103
188). 188

108 119
85 88)4
85)4 Tik

<» Theao ara option »»1m .

rBL, <# ELECTRIC, <4c.

E le c t r ic C o m p s ' le e . Bid.
Toronto (CanjElec LtCo. 130
Thom
Welding Co.
12
Bo United E lecL tR P C o pref
«
H
Kxch W oonsockot (U I) Bl Co.. 108

Ask.
13b
100
18
97*
106

140
F e r r y C o m p a n ie s .
6
Brooklyn Ferry-Stock...
Bonds 5 a .................
24
Metropolitan Ferry—5s..
81
..4.4. N J A N Y Ferry—Stock..
1st 6s 1946............ .TAJ
5And interest., tPrice
185 ’

no

Ask-

47)4
{ 3SX
108

48
3354

$107*'
nor »h are

THE

512

P ric e
F rid a y .
ita r . 17.

BONDS.
■ .Y .8 TOOK E X C H AN G E
W e e k E n d in g M a r . 17
Co—1st g5s. 1940
PMaoofCoast
Missouri. See Mo Pac

Week's
•§2
R a nge o r
L a st Sale.

................... 1

83

4*

l s t g 5s..........................1934

iiia n o *
*****

See Bklyn El.

110
110
116% Feb ’99
113 N ov’ 08
107 D e c’ 98
105% 105%
109% A p r’97
138% Jan.’ 99
141 N ov’ 98

1 114% 110
110% U 6%

Gal Har AS A 1st g 08.1910
2d g 7a........................ 1905
M exA P acdiv ls t g 5 s .’ 31
H ous & T C 1st W A N 7s.’ 03
1st g 5s int g td .........1937
Con g 0s int g t d .......1912
Gen g 4s tn tg id .......1921
Morgan’s La A T ls t g 0 8 .’ 2O
1Bt 7s.......................... 1918
N Y T A M exgu lB tg 4 s .’ 12
Ore A Oal 1st gtd g 5s. 1927
B A A A Pass 1st g u g 4 a .’48
T ex A N O 1st 7 s .. ...1 90 5
Sabine dlv 1st g 0s. .1912
Con g 5s ........... .....1 9 4 3
S o P o f A rgu ls t g 0 s .’ O9-lO
8 P o f Oai l s t g 0 s .’ 05-12
1st con guar g 5s.. 1937
Stamped........ 1905-37
A A N W 1st gu g 58.1941
8 P Coast 1st gu g 4 s.. 1937
8 P a c o f N Mex 1st g 0 s .’ l l
iouth Ry -1 s t con g 5s.. 1994
R egistered................. 1994
Mem Div l s t g 4-4% -5sl990
R egistered ................ 1990
E Ten reor lien g 4-5s.l938
R egistered.................1938
Ala Cen R 1st g 0 s .. . . 1918
A tl A Cb A ir Line ino. 1900
Col A Greenv 1st 5-08.1910
E T Va A Ga 1 st7 s . ...1900
Divisional g 5s......... 1030
Con 1st g 5s...............1950
Ga Pac Ry 1st g 0 s ... .1922
Knox A Ohio 1st g 0s . 1925
Rich A Dan con g 0s .1915
Equip sinx lund g 5s. 1009
Deb 5s stamped.......1927
Virginia Mid gen 5 s ... 1930
Gtd stamped.......... 1930
W O A W 1st oy gu 48.1924
W est N C 1st con g 08.1914
l A N Ala. See L A N .

4 1 05 * 1 07 *
138% 138%

112% A p r’ 97
May’ 98 ....

107

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

102

N ov’ 97

108

May’9 7

115% Feb.’ 99
108

.........

♦’ e e "

98**

121
90

101
97
20

F e b ’ 99
M ar’ 99 . . . .
D e c’98

99 101
94% 97

........ 120
........ 90
137

May’ 98
Sep.’ 98 . . . .
N ov’ 97

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

107% Oct.’ 98
121

N ov’ 98

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

112
09

90
......... 113
98
09
Sale
99

89% Sale

90% Sale

Oct.’ 98
Jan.’ 99
J’l y ’ 97
99
99

89%
87%

....

113

402
90
2
87%

85% 90%
37% 87%

90

01
90%
102% 104%
72
73

82%

41

123% 124
108% 109
102% M ar’ 99
105 Oct.’97

17
59

87%
101%

21
29

88
102

91% Sale
91
91% 190
52% Sale
51
52% 812
107 ......... 108% M ar’ 99
120 125
113 114
98 101
1 2 3 % ........
124% Bale

120
114

Feb ’ 99
114
’ '*5

124 Mar ’ 9 9
124% 124% ” 2
139% 139%
5
187% F eb ’ 99
•112 118 112% M ar’ 99 ad
100% Mar’ 98
•100% 108 106% 107
89
•••••• . . . . . . 104 Jan.’ 99
122% Jan.’ 08
•184 ......... 184% 184%
1
115 A p r’ 97
•tie**
115 F eb ’ 90 . . . .
113 ......... 113% Mar’ 99 . . . .
....................
.................
120 ......... 118
...................
..................
..................

95

90

84

20

N Y ...............................100

4*

B id.
128
114

A -0

W est’n d iv l s t g 5 s....1 9 3 5
General gold 5s............1935
Kan A M 1st gu g 4s. ..1090

U

95

90

tDue Juiy.

GAS A ELECTRIC LIGH T
Atlanta G L Co 1st g 5s.l947
Bos D Gas tr ctfs s f g 5s.. ’ 39
Bklyn U Gas 1st c o n g 5 s ..’ 45
C h G L A C C o. See P G A CC o
Columbus Gas 1st g 5a.. 1982
Con Gas Co. S e s P G A C C o .
Detroit City Gas g 5s. . . . 1928
Due March.

< Dae Jan.

[V ol. l x v h i .
W eek's
R ange or
L a s t Sale.

R ange
sin ce
J an . 1.

i !

A s k . Low. H igh . No. L ow .H egh .
. . . ^ 104% Oot. 97
4 112 125%
112
Sale 112

J- J

if- A
-D
M-N
J
J -J
A- O
A -0
J -J
A -0
A -0
J -J
J - J
F- A
M -8
J- J
Jt
A -O
M-N
MN
J -J
J -J
J -J
J -J
J -J
J -J
J -J
in -8
M -8
J -J
A -O
J -J
J -J
J -J
M-N
J -J
J -J
J -J
M -8
A -0
M -N
M -N

105% 8al«

104%

111
110
104

110 Feb ’ 99
108*
104*

118
112
Sale

105%

112 M a r’ 99
1*1*2" 8 a (V' 112
112
80% Sale
80%
89%
1 2 1 % ........
130 ......... 139 " Jan.’99

62 102% 106
110 U 0 %
72 100% 104%
107 118
2 112 112
SO 87% d0
139

•104% 105% 100

M a r’ 99 . . . .

100

108

112% A u g’97

J -J

118 8ep.’ 98
43 104%
......... 104% 105
2 114%
. . . . . 117
117
4 115
Sale 110
110
124
124% M a r’ 9 J
1 2 0 * ......... 120% M a r’ 99 . . . . 119
2 123
123% 123% 123% 12 3%
2 100
100 Sale 100
100
104% D e c’ 98
1 lit)
112% 112%
110 D e c ’ 98
90
87 ......... 90 Feb.’ 99
119 119% 118% D e c’ 98

J -J
J -D

100
100

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

A- O
F -A
A -O
Q-J*

110
109
100

........ 111% D e c’ 98
........ 110 D e c ’ 98
......... 108 Oot.’ 97

M -8
J -D
Mch.
J -J
J -J
A -O
J -D
A -0
J -J
J -D
J -D

.........i o a *
112% Sale
51% 8ale

F -A

139

• i o s % ......... 103 M ar’99
97 103
83 Sale
83
84% 1*19 77% 80
110 D e c ’98
•109 . . . . . . 108% N ov’97
106% Sale 103
105% 50 102 105%
113
........ 112 F e b ’ 90 . . . . 109% 112
118% Dec ’98
102% N ov’ 98
2 106 109
1*09 Sale 108
108
99% Sale
99%
99
99% 37 90
70
85
113% N ov’ 98
104 103% 100%
105% Sale 105% 100
98 Oct.’98
•100 ......... 107% Jan.’ 99
107* 107*

105
117
110

105
117
116%
124%
i2u%
123%
100
112%
04

105% D eo’ 98
51 i'0'9* i l l "
112% 113
51%
54 2027 45% 54
126% 120
120 M a r’ 99
5 104 100
ib*5% ..’ ! !! ! 105
105
102 D e c ’ 98
80
102
99

82
Sale
Sale

V
W

a t foot of

M i s c e l la n e o u s . Par.
American Air Power of

P ric e
F r id a y ,
Jta r . 17.

J - .1
M-N

yra Bing A N Y . See DLA W.
P er A o f 8t L 1st g 4 % s.’ 39
L 1st con gold 5s. 1894-1944
8t L M B geT er g u g 5s.l930
'erre Haute Elec Ry g 0s. *1<‘
’ex A N O. See 80 Pac Co.
’exAP Ry B dlv ls t g 08.1901
1st gold 5s....................2000
2 d go ld ln o . 5s, D e o ...2000

P ag e 4.

lster A Del 1st o gS g. 1028
nion Elsv. See Bklyn Elev
I n El (Ohio) 1st g 5 s ....l9 4 5 A -O ........ 104%
Jn Pac—R R A 1 g g 4s. 1947 J - J 104% Bale"
Registered.................... 1947 J - J
Jn. Pac—Tr Co ctfs g 4%s M -N
114 114%
U P DAG 1st 0 g 5B trrc.’39
94 Sale
114 114%
114% 114%
Utica A Black R. See NY Cent
122 124
er Val Ind A W. See Mo P.
107 109%
lrginia Mid. See South Ry.
102% 105
ab RR Co l s t g 5 s.. 1989 M-N 115 Sale
2d gold 5s............ 1939 F - A
96 Sale
Debenture series A .. . . 1939 J - J
82
88%
8eries B....................... 1039 J - J
34% Sale
08 102
ls t g 5s Det A Ch E x t .. 1941 J - J •105 .........
StOhas Bridge ls tg 0 s . 1908 A -O n o * ........
94% 03% Warren RR. See Del L A W
40% 55% Wash OA W. See Southern
108 108% W est N Y A Pa—ls t g 5s. 1937 J - J ....... . 112%
Gen g 3-4g..................... 1943 A - 0
120 122%
Incom e 5 s ... .April. 1943 Nov.
113 115
W est No Car. See South Ry.
Western Pac. See Cent Pac.
124 124% W Chic St40-yr lstcu r5 B .’ 28 M -N
40-year con g 5s.......... 1930 M -N
124% 125%
138% 139% West Shore. See N Y Cent.
137% 137% W Va A Pitts. See B A O.
112% 113% W Ya Cent A P l s t g 0s. 1911 J - J
Wheeling A L B 1st g 5s. 1920 A -O ....................
Trust Co certificates............
104%107%
104 104
W heel Dlv 1st gold 5s. 1928 J - J ......... 98
Exten A Imp gold 5s. .1980 F - A
m * 1 s t * Wilkes A East. See N Y 8 A W
Wil A Sioux F. See St P M A M
Winona A St P. See C A N W
113%115
W lsCentCo l s t t r g 5 s ..1937 J - J
Engraved trust certificates.
09% Sale
m a iis M
Inoome 5s.....................1037
•........
8

100% Oofc.’ 97

OUTSIDE S EC U R ITIE S (G i v e n

30
92
91
100
45*
104
Bt.

82

Aug’ 98 . . . . ..............

t Due June.

Ask.
77
100*
58

113

98
09%
98% 99%

........ 114% M ar’99
........ 114% Mar’ 99
1 1 4 % ........ 114% F eb ’ 99
109 Sale
102 100
...........
...... ......
87% Sale
•101% 102

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

3
8

95%
96%
102% Feb.’ 99
72% Feb ’99

82

•No

Bid.
75
«100
67*
98
26
$ 88
89
$ 98
44*
$103
intere

BONDS.
ITOOK E X C H A N G E
W k k k E n d in g M a r . 17.

•115* 110% i 15% M ar’ 99
•114 110% 11 5% Mar’ 99
102 Nov’ 08

S

F e r r y C o m p a n ie s ,
N Y A E R Ferry—8tock.
Bonds 5s o f 1932.MAN
N Y A Hoboken—Stock..
1st 5s 1949........... JAJ
N Y A 8 B Trans A Ferry
Bonds 5s o f 1900.MAN
10th A 23d Sts Ferry.......
1st mort 5s 1919.. .JAD
Onion Ferry—Stock........
1st 5s 1020........... MAN
4 Buyer pays accrued
t Price per share.

R a nge
sin ce
Jan. i

B id. A sk. Low . H igh . Ho. L ow . H igh i
105 iu8
108
* .......107% 103

Panama I s t s fg 4%s----- 1917
8 f subsidy tt Os.......... .1910
Pann Co gu 1st g 4 % s.. .1921
Registered................. 1921
6 td 3 *s col trust reg. 1037
P O C & s t L c o n g u u 4%»—
Series A.......................1940
Series B guar.............1942
Series Cguar.............1942
Series D 4sguar........1945
PltUOln A S tL 1st 78.1900
Registered..................1000
Pitts Ft W 4 C 1 st7s. 1912
2d 7s........................... 1912
3d 7s........................... 1912
C StL A P la to o n g 58.1932
R egistered................ 1932
Clev A Pitts con s f 7s. 1900
uen gu g 4%saer’ s A.1042
Series B................... 1942
Erie A Pitt gu g 8%s B.1940
Senes C . . , , .............1 9 4 0
G rR A I exlstg u g 4% s.l0 4 1
Allegh V algengu g 4s. 1042
N A C Bdgegengug 4%s.’ 45
Penn RH 1st real esg 4s. 1923
Con sterlingg 6s........ 1905
Con ourreuoy 6s reg. ..1905
Con g 5s........................1919 MRegistered................. 1919
Con g 4s........................ 1943
CIA Mar 1st gu g4 % s.l0 3 5
DNJ RR A Can gen ls.1944
D R RKA Bge lstgu 4s g.’ 36
Bun A Lewis ls t g 4 s .. 1936
Fensacoia A At. SesLANash
Peo Dec A E lstg08tJ'Teo.’ 2O
Brans Dlv lstgd s trrec.’20
2d g 5s tr rec 1st pd.. 1926
Peo A Bast. See G O C A 8t L
Peo A Pek U n lstg 6 s ... 1921
2d g 4 * s ............. Feb., 1921
Pine Creek reg guar 6s.. 1932
Pitta Cln A St L. See Penn Co.
P O C A 8t L. See Penn Co.
Pitts Clev A Tol lBtg 6s.. 1922
Pitts A Connellsv. See B A O.
Pitts Ft W A Ch. SsePennCo.
Pitts June ls t g 0 s .........1922
Pitts A L Erie—2d g 5s .. 1928
Pitta McK A Vo—lstgu0B.’ 32 J - J
2d guar 6s.....................1934 J - J
McKee A B V 1st g 0s. 1918
Fitts P A F 1st g 5s.......1916
PitU 8h A L E 1st g 5 s .. 1940
1st oonsol gold 5s.......1943
Pitts A West l s t g 4 s... 1917
J P M A Co certf s .............
Pitts Y A A sh l8 toon 5 sl9 2 7.
eading Co gen g 4s... 1997
R egistered .,..........1997
Rensselaer A Bar. See D A H.
Rich A Dan. See South Ry.
Bio Or W est ls t g 4s .. . 1939
Rio Gr June 1st gu g 5s. 1939
Rio Gr 8o 1st g3-4s . . . . 1940
Boch A Pitts. See B R A P.
Rome Wat. A Og See NY Cent.
alt Lake C ls t g si 0s. ’ 03-13
t J o A G l 18tg 2-3-48.. 1947
Bt L A AT H . See Illinois Cent.
St L A Cal. See Mob & Ohio.
Bt L A Iron Mount. See M P.
Bt L K C A N. See Wabash.
Bt Li M Br. See T RR A o f8 tL
BtL A 8 F 2d g 0s Cl A ..1906
Id gold 0s Class B ........1900
2d gold 6s Class O........1900
1st g 0s Pierce C A 0..1 9 1 9 _
General gold 6s............ 1931 j
General gold 5s............ 1931
1st trust gold 5 s . . . . . . . 1987
PtBA V BBdg lstg 0a. 1010
Kansas Mid 1st g 4 s ... 1937
Bt L A 8 F RR g 4 s .. . . 1996
Bouthw Div l s t g 5 s... 1947
Bt L So. See DllnolB Cent.
Bt L 8 W 1st g 4s bdcfs.1089
2d g 4s Inc bond ctfs. .1989
Bt Paul City Cab. c g 5s.1937
Guaranteed gold 5 s ... 1937
St Paul A Duluth 1st 5s.l031
2d 5s.............................. 1917
1st co g 4s.................. 1908
BtPaul M A M 2d 0 b. ...1 90 0
Dakota ext gold 6 b. ...1 9 1 0 Mlstoon sol gold 6s. <...1 9 3 3 j .
R egistered................ 1933
Reduced to gold 4%s 1933
Registered.............. 1933
«dont Ext 1st gold 4s.. 1037
Registered................. 1987
Minn Union l s t g 6s... 1922
Mont C 1st gu g 6 s .... 1987
R egistered................ 1937
1st guar gold 5s.......1937
Registered.................1937
EM lstd lv Istg 5s...l90 8
Registered............. 1908
Nor dlv 1st g 48.........1948
Registered.............. 1948
m i l A S F l s t g 5 s ....1 9 3 8
Registered.................1088
tt P A Nor Pac. See Nor Pac
Bt P A B’x City. See C BtP MAO
B Fe Pres A Ph l s t g 5s.l942 MBt ▲ A A P. See 80 Pao. Co.
BtF A N P l a t s f g 5 s ...1910

R

CHRONICLE.—BOND PRICES (5 pages)

BON DS.
J -D
J -J
•118

'8 0 %
* 8 8 " *32 '8 0 * ' '*88*'
80
80 M a r’ 99 a2 78
102
103% 45 92 106%
2 09 100%
99
99
104% 104% 328 102% 106%
104% 104%
104% F e b ’ 90
07% 68
68 Feb.’ 99
620 87% 94
90%
94

114%
94%

115
90

94
59

118

84

IIS *

100

34*
8 5 * 154 s s « s s *
105*109
107% M ar’99
1 0 9 * 119
112 M ar’ 99
112
01%
20

108

112
03
20

13 1 0 8 * 119
63
73 54
2 14* 2 0 *

F e b ’ 99 . . . .

*989| M ar’ 99 . . . .

07
0

00% 415
Feb ’ 99 . . . .

113
104

118
108

98*

98*

58
6

788
10*

. . ... . 118°

118%

88

118* 118*

05% Sale 1 9 5 *

95*

2

1 95* 97*

J -J
J- J

#Bonds due Nov.

aTheso are option sales.

7

Bid. Ask.

75* 78*
tm erlc’n Axe A T ooi.100
20
31
Amer Bank Note C o.. .50 t 45
47
American Beet S ugar....
30
33
Preferred............. .........
81
82
Atn Car A Foundry........
28% 2 8 *
P re fe r re d ........ ..........
0 7 * 08
Subscriptions.............
Amer. Caramel—C om ...
45
50
Preferred....................... 100
Amer Malting Co—See 8t OCk E x list
Amer Press AB9oc’n ..l0Q
105

M i s c e l la n e o u s . Par.
American Screw.........250
Am SodaFoun—Com. 100
1st preferred .......... 100
2d p r e fe r r e d ........ 100
Amer Steel A W ire—See
American 8urety.........50
Amer Tin Plate—See Stoc
Preferred—See Stock E
Am T ypefo’rs—Stock. 100
Amer 8ewlng Machine. .5
\mer 3 traw b oard....l00
Amer Wringer c o m ...100
P re f.......................

Bid.
t ll5
5
53
13
St’ck
225
k Ex.
xch. L
50
t 2
101
114

Ask.
140
55
15
E x l’t
232
List.
1st.
63
33
102

M is c e lla n e o u s , Par.
Amer Graphophone.. . . 10
Preferred................... 10
Anderson (John) Tob.100
Automatic V en d in g... 10
**arneyA8m Car-Com.l 00
Preferred..................100
6s 1942..........
JAJ
Bergn A Eng Br—See Phi
18t 0B......................... .
Blackwell s Durh T ob.25
Bliss Company—C om ..50
P referred................... 50
Bond A Mort G u ar... 100

Bid. Ask
13
t 18
t 1 2 * 13
12
H
4
t 2*
27
23
87
83
103 108
1. list.
107 108
20
t 13
09
t 56
05
t 60
225

M ae . 18, 1899.3

THE

C H R O N I C L E .—BOND

BONDS.
N. Y . S T O C K E X C H A N G E
W e e k E n d in g Ma r . 17.

BONDS.

H.Y. STOCK EXCHANGE
W e e s E s d i n g M a e . 17.

*5®,

PI Valley Coal 1st g 6s., 1920
Procter A Gtimb 1st g 6s. .’ 40
St L Ter Cupples Station A
Prop Co I8tg4*4s5*20yr‘ 17
8 Yuba Wat Co oon g 6 » ..’ 23
3p Val Wat Works 1st 6 s .'06
Stan Rope A T 1st g 8a.. 1946
Incom e g 5s................... 1946
San CkCoai 1st g s f 6S..1912 J - D
Term Coal T Div Istg 6 a .l9 1 7 A-Ol
Birm Dlv l i t co n 6 a ... 1917!,J - J
Cah C M Co 1st gu g 8s..’ 22 J
, -D
De Bar C A I Co gu g 6s. *10 F - A
U 3 Leath Co s f deb g 6 s .’ 13 .tt-N
Vt Marble 1st a f 5s.......1910 J - D
West Union deb 7s. .1875-00! H -N
Registered— ...1 87 5 -l90 0 j I2U-N
Debenture 7 s.. . 1884-1900 ,n-N
Registered.. . . : 1884-1900 II-N
Col trust cur 5s........... 1988 J - J
Mut U n T e ls T d 6 a...1911 iai-N
Northwestern Tel 7 s ... .*04jj - j
I W h L E A P C Co l s t g 5s.‘ 19 j - j

Ill
lia*4
109
1Otl
106 F eb ’ 99
108*4 106*4
101 M ar’ 0n

MISCELLANEOUS BON;OS.
105*4
105
dams Ex—Col tr g 4a. 1048 M - 8 104% 105
------Qn- f
ioe% 107 106*4 106*4
JtLas Cot Otl deb g S i ... 1900
Am Dk A Imp 5s- Stt Cen N J
96)4
87*4 24
Am Spirits Mfg Istg da. 1915 u ~ m 87*4 Sale
ar A 8 Car Co 1st * 6s. 1043 j - j !
« 9 ' * *90
10
90
k’ nW A W H is t g 5s. 1945 K -A ]
ab Coal Min. & « T C I 4 R .
109*4 Feb *97
h!0 Jc A St Yd col g 5a. 1015 J - J 1
Non-cum. Incomes 5s. 1907 J - J
Gloarf Bit Coal. St* S Y C A H
Col C A I l i t eon g 6 s . . . 1900! F - A 100 101*4 100*4 Mar‘90
O olCA I Dew C o g u g 5 a . 19091J - J
Coupon o f f . , . . , ....... . . . . . . . . .........!
103 Nov*08
Col Fuel Co gen gold da. 1919 M -S
58
Col F A l Co gen a f g 5a. 1943 F - A
87*4
Com Cable Co lit g 4a...2397 Q - .1
103*4 Not'98
104 Feb.’ 98
Registered. . . . ......2 3 9 7 ;y - J ;
T \ s Bardei C A L St* T C A I.
J -/e l A H Can. S«rRRtK.nd»
18
18
D*t MAM Id gr H%* S A-191 i A - «>
IS Sale
B n eT A T c o ltr g a f 5s... 1026, J - J
1’ 0 J «a .'9 9
05% Jan,’97
Gr R lr Coal A C l *t g 6s, 1919; A - O
Hack Wat Rsor 1stg 6*. 1936, J - J
I l f * Aug’ 97
Hand B Co l i t a f g d a .19311 M *
H obokso L A I g 5s.......1010. M- N
9V Jan.*99
I U s ta ll Co deb 5a ..
1910 J - J
1 Ncb-« oot deben 5a. ..1913 A - O
70 Apr *97
Iron Steamboat Co 6s. . .190). j J - J
107 M ar‘ 97 ,
Jeff A Clear C A l i s t g 5# ! 03« J - D
3d * 3 # ..................... 1036|J~D
.............. eo May’97 .
Eaten Ice i Chic
O! 101 101* *.00*4 Mar '99! ,
103 J 'ly ’ 0 7 ].
ad
Oard'D 1st g 5a-19 1V M -N
e t T A T l l t l f g S a . 1918 >1 N
Registered.................... 191S 7I-N
103 F eb ‘ 99 ...
Mich Fen Car Co 1st g S «.’49jM- *
Mut Un Tel Co 8*4 W q Ua.
V T at StarchMfg C «lst*6 # ’30 T IN •101 103 tQt
101
I t w p tN w S A D I) 5a 1990 J - J|
If T A N J T elgeo g5 se7 *20 71-N
„ T A Ont Land I n g de. 1910 F
BoW aatnTeieg. 3** West.Un,
Peorla W atC o g « i . 1889-191M ______
• If©price Friday, these are latest bid end ashed this
T Honda

M

O U T S ID E

S E C U R IT IE S

Bid. ASX I
55
75
85
92
Celluloid C o ................. 100
Cent America Tr'nalLlOO
l
*4
Cent Flrew’rka—Com. 100
10
6
Preferred . . . , . . . , . . 1 0 0
40 • 43
Chateau# ay <>reA Ir 6a' 15 80
50
10 1 17*4
Che* A O Grain BS—Inc
65
75
4a............................. .. .
335 340
100 i o * k
2d praferred.
.100
06
list.
75
Clark Mile End Thr‘ d.100
76%
Collins C o .* .... ... . . , . 1 0 9 113
Color. A Sooth 4a—0*4 8to ck Ex. List.
Col H / A T o l <wh U s)...
20
29
P rof (.when Issued)
5*
53
Bonds 4% (when 1st
101
102
Cooaoiid Car Heating. 100
50 i
5
Preferred.
50 1
,100
t 23 ! 35
24
36
k h i. HSU
Preferred—AW 8 to
Sh. Hot
Crampe' 8h A Jftn Bid,
80
79
140
Diamond Match Co
139
1 list.
P r e fe r r e d ........ .
j 118 132
Easier I.emd.. . . . . . . .
20C.
Eppens 8m A Wiem.
80
Eastman Kodak Co,.
110
too
t 3»H 40
250
t 70
........
Genesee Fruit..
98 *•••*.
Bxch ILL
Goodyear Shoe Sfaoblno,, * ‘ * k 50
100
Preferred114
118
120
61
59
80
11 100 105
2
;
M
6
9
100
Hoboken Land A laap't
105
5a
75
80
> 109 105
Exch list.
113
101 163
later sat Sliver— 844 Stk. Exch. list.
80
83
Do
do
Do
do
H«f>H
- i»106
ill
1 ........
60
1 .......
75
P referred. . .
no
115
foum eay A Bn
3 ......
1 20
Preferred , . ,
* at e x U n i
Knlokerb lee—Bonds 5a.
97
Lawyers’ Surety..,
100 n o
145
155

A s k . Low .

101

H igh. H o.

R ange
sin ce
Jan , 1.
L ow H igh

Feb ’ S'!

85**
29*4

86

84*4 90*,
23*4 325,

107*4.......
109*4 Sale

104
108*4

107
HO

101% 109*4
101 110

30*4

104*4 Sale 10S*4 105
110 ........ 118*t M ar’ 99
103
105
115

96 105
H 6 % 118*4

Noy' 9S
Mar’ 98

115*4 U5*4
112 M ar’90

D. 8. GOY. SECURITIES. <For daily record
99*4 . . . . . .
U 8 2a registered. . . .Optional O- M
U 8 3a registered............ 1 9 1 8 ......... 107*4 **10
U 8 3s coupon . . . . . . . . . . 1 9 1 8 ........ 107*4 Sale
35*4 90*4 U 8 4 i registered............. 1907 Q -J i l t !H Sale
..... .....
U 8 4s cou p on ........
1907 Q -J f 112*4 U S
64*4 92U U S 4» registered------....1 9 2 5 Q- F 128*4 129
U 8 4 i ooupon............ ...1 9 2 5 Q- K 128*4 Sale
....... .......... C 9 5s registered.............. 1904 a - F 113 112*4
.............
U 8 5i cou pon .................1 9 0 4 Q - F 113 112*1

100*4
STATE SECURITIES.
....... ....... Alabama—Class A 4 to 5 .i9 0 « J ..........
Small............. ..............................
38
WOW
Class B 5 i ..................... 1906 J ..................
Class C 4 a ..................... 1006 J ... . . . . . .
Currency funding 4s,..1020 J D U tof C©iurobi*~3 «5a. 1034 FLouUiaoa—New con 4 a. 1014 J Small
18
*3H
110 110 ! Missouri—Funding. ..1894-95
N*/rta Car—Consol 4a.. . 1910

W eek's
R ange or
L a st Sale.

Sale
Sale

86
30

104*4 1 0 6 «
106 108*4

B
C

M I s c o l l m e o B s . Far.
Carlsr-Crume—PreL.. 100

P ric e
F r id a y ,
M ar. 17.
B id .

Det Gas Co con 1st g 5s. . 1918 F - A[
I d B1 111 1st cone g 5 s .. 1910 I t - =
1st con g 5s................1 9 9 5 J - J
I d S3 111 B'Jclyn 1st g 5s. 1910 A - O
........................... A - o
E qG aaL N Y ls tc o n g S s .'32 > I-S
Bq G A Fuel- See P G 4 C Co.
Q «n Elec Co deb g 5 s . ..1922
Gr Rap G L Co 1st g 5 »..l9 1 5
K O Mo Gaa Co 1st g 5 e.l922
Lee Gas-L Co of 8tL 1st* 5«*19 Q-FJ
8maC bonds ................1919 Q-Ft
Mat Fuel Gas Co 3*e PeopGo*
Peo G a s A C ls tg u g 6 a ..i9 0 4 M-N
2d gtd g d a .,.. ... ... ..1 9 0 4 J - D
l i t eonso! g 6a....... ...1 9 4 8 A -O
Refunding g5a........,,1 9 4 7 t M -g ,
R egistered.., ►.» . . «. s19471M- SJ
Ch G -I.4 C »e 1st gu g 5s’37?J - J
OonG C o o fC b ls tg u g 5a'36 J - D
Bq G A F Cb 1st gu g 6 s.’ 05j J - J
Mu Fuel Gas Istgu g 5.1947 M- N 106% Sale
Westn Gas Co col tr g 5s../33i 1I-M

513

PRICES (5 pages) P age 5.

112*4115*4
112 112

u e seventh pa
rrc«Unfl.)
99 Feb.’ 9«
99
99%
107*4 107-K
8 106*4 107%
107*4 107^ 210 106*4 108
6 Hi
112?4
a iH
111%
118
118
5 H 8 % 113*4
128 120
12844 Mar ’ 0
19844 12*J?4 *80 IBS 120%
111M F e b '99
"*3
112
US

100

Small....,,....,..... .

6a..................................1919
So Carolina—4 Wa 30-40.1933
Tenn—New aetuem't 3 a.1913
90
09
Small......................................
Vtrgima fund debt 2-3# .1991
1 ! R e g iste re d ..............
...........
6s deferred eertf*.. . . . . . . . . .
98*4 100*4
Trust receipts stam p ed....

109
109
100

too
117
109

118*4 M a r'90
105 Aug'08
108 8ep.’ 98
104 No t '98
______118 N ov’98
......... 10044 10944
----- Feb,’
1109*4

104*4........ 104

110

118*4

108H 109%
109*4 109%

N ov’ 98

180
. . . 128 Feb.’ 98
104*4
97
97J4 »7W
97H
95 Fob '99
Sale
83
81

96*4
95
82*4

98
95
87

8M

UNLISTED BONDS.
14
Atch Col A Pac 6a tr c tfa ... .. ..
«1
01
Atch J Co A West «♦ tr ct f* ........
01
04
103 10a
B A O pr Uen 8^a (w O .I92 5 ....
97J.
9 7 « 128
la tm ort4 a(w h en la s). 1048
118
101 104
: $a«< 8 »!«
9«H
8,
Con.Prfc.M.8Ha (when
....
8654
8714 172
888
1st m tgiw hen l * s u e * l . . . . .... : i o o i i a .,'.' IOOh 101
87*4
hR
Col A South 4a (when issued 1 ... - 87 M S ^ «
349
PiItsb A West 5» tr ctfa...... ,f
57% Oct.'98
■
1
I
I ’ »* H 8*l»
86H
37*4 iVS
due July : Honda due Mar- 1 Bond# d oe April. I Bonds d oe January. aTheso are option

(G i v e n a t foot of 7 c o nse cu tive pa ge s ).- - B A N K S & M ISCELL’ S

Ask || fttlecoilaunooaa. Par. Bid.
I ftle c e ltn n e o u a . JPttr.f Bid. Ask.
T e r n W areb—Stock. .100
75
10 1 Union T obacco tube . . . . . 1£
1st 6a
100
70 1 Un Typew —1st p ra f..100 103
105
120
70
Debenture 6 a ...............
2d preferred............ 100 115
120
Texas A Pacific Coal, 100
6i
5
66
United Shoe Mach -Srr B oat. LI at.
35
1st 6a 1908..........A A O ♦107*4
25
87
U 8 Glass—C om m on..100
20
Title Guar A Trust ..100 820 380 j
85
80
Preferred . . . . . . . . . . . 1 0 0
Trenton r o t t —Corn ..100
10
18
00 100
U 8 P rojectile C o.......100
Mech’nioal Rub-Com.100, 85
45
Preferred .................. 100
60 ! Wagner Palace C ar... 100 185 189
Preferred.................100
80
100 II Trow Directory-New. 100
55
45
Weetlngh Air B ra k e ...50 t l9 ?
198
Mergenthaler IAnoL—8*4 Bosto n UsL Union Switch A Signal.50 t 40
41 t WiDimantlc Linen C o ..25 t 85
Praf erred ....................50 t . . . .
•1
W orth’t’ n P ‘ mp-Com.100
50
Mtch-Pen Car—C om .. 100, 43
Union Typewr—Coro. 100
47
Preferred................1 0 0 115
19*4 20*41
Preferred . . ,,, ,.. ,,. 1 0 0 ] 04
93
1st 5s 1043............MAS 100
Bid. Ask. ! B a n k s
Bid. A sk. | B a n k a .
B an k s.
Bid. Ask.
Minneapolis Brew 1st 7s. 105
107
Mosier B afsC o.......... 100
100
N. Y. CITY.
175
Manufact’ra. 260
Monongahsla W ater...25 t 7V*
0
America*. . . . 870
Mechanics*.. 195
118
Nat Biscuit—3** Stock Ex List.
Am B x c h . . 176
Merchants*.. 160
Mech A Tra*. 250 260
*5
National Casket C o ... 100
A ator . . . . . . . 400
Metropolis*.. 870
Nassau ......... 280
National Saw—P ref.. 100
35
Astor Place' 2 40
Mt M om s*.. 900
Nat City...... 330 345
National Surety,....... 100 180
B ow ery*.... 290 310
135
Mutual*..
145
North Side*.. 160 175
65
National Wall Paper. 100
55
Broadway... 335
Nassau*........ 150
People's* .... 190
195
N Y Loan A Im p.........100
50
Batcb'aADr.
New
A
mat.*..
63
850
150
Scherm'rh'n* 140
117
N Y Biscuit «• 1911. MAS 114
17th Ward*. 105 115
New York Co. 1450
New Jar Zinc A Iron.. 100 105
j! C entral...... 160
C h a s e ....... 300
N Y Nat E x - 100
i i Sprague. . . . . 200
N T Air Brake—Bm H Y S,tock E xch.
26th W’ ard*.. 140 145
...... New York... 238
26 n Chatham . . . 310
Nicholson File C o........ 50 t 24
100
Cham teal.... 4000
U n io n * .,..... 115
10
Nicaragua Construct. 100
85
115
too
Wallabout*.. 105
Otis B ie v a io r -£ o m ...,,.
87K CHUena’ . . , . 185
88
C it y .......
1500
North Amer. 150
T r u s t C’ oa,
8814 « » »
N. Y. CITY.
150
Oriental* ... 200
Peck. Stow A WUoox. .25 t ih
P a cific* ..,., n o
A in Dep A L
Pegamoid, p ref.......1 0 0
55 |] Columbia*,. 150
35
Comm erce.. 213
Park............ 515
Atlantic T r.. 186 195
Pennsylvania Coal.......50 360
Continental 128
Central Tr'sL 1875
Peoples’ * .. .. 800
Penn. Bteei—3** Phlla- it* L
Corn
Bxch*.
318
100
City
T ru st... 350
Pheotx
toav,
5s 1917.MAN—S*f Phil. ln u
180
390
Colonial....... 470 590*'
Plata*..
6
Penn. W ater—Com -...5 0 t 5
330
Prod Excb*.. 115
Consolidat'd,
Phil A Wti Steamboat.50 t 66
70V,
Republic . . . . 170
Continental . 270
183
Pneumat ic Gun Car’g a 10
5 1 Fifth Ava*. 2800
190
Riverside*
Farm Ln ATr 1380 1405
8 I| F if t h .......... 220
PrsU A Whltn—Com.. 100
tv,
102
Fifth A ve Tr 850
F irs t.,. . . . . .
Seaboard
42
36
P referred ................ 100
450
Second ..
Guarantr Tr 550
PrM wd St«s! C t ............
6.<M 93%
Knlck’rb'ok'r 340 386'*
Seventh135
8M
80V,; , 14th Street*. 150
Manhattan.. 200
! Fourth . . . . . . ..... 180
Shoe A Lo'tb 97
Procter A G am ble....1 0 0 285
Mercantile .. 520
Franklin......
S ix th ..
PTiiforrwl
...1 0 0 185
Metropolitan 320
State* .
i G allatin___ 810
ILL Perkin* Horse 9b. 100
N Y L U T r 1400
110
State
o
f
NY*
too'*
P referred................ 100
40
30
N Y Sec A Tr 450
Garfield..
12tb Ward*. 120
Roy Bak Prrw p f (w. U )..,
89^4 00
115
North Amer.
23d W ard*... 100
39
Rubber Goods M fg..........
81
Produce Ex. 220
245
830
Union..
75
Ileal Eat Tr't 250 300
Germania*.. 350
Union 8q*„. 175
Russell A E re in..........,35 t 54
BtandardTr’t 330 250
Went Bide*. 300
165
Safety Car Heat A LL100 130 132 i
410
teo
State T ru stWestern —
no
Bchwarschild A Bulsb.100
43
44
Union Trust. 1850 1400
550
Yorkvllle*.. 190
8emet-Sk>lvay deb 5s....... 101
108 ||
0
8
M
tgA
Tr.
400
430
100
130
140
Simmons H'rdw-Com-100
Lett. States.. 1400
BR’ KLYN.
Home*.......
130 145
124
Preferred.................100 120
Washington 290 810
B ed ford *,.. 815
Singer Mfg C o , . 100 475 480 i
BlCKLYN.
900
190
Broadway*.
580
Btandard O t l . . , , , . . , . .100 489% 484 ;
130
Brooklyn Tr. 400
Brooklyu* .. 125
155
B un-D ut. * Wfc—A , B»o Ok Ex. List. IrvLng .
95
Franklin . . . . *9 ^
8th W ard*..
200
Stand Und’ rg'd Cable. 100 195 170
107
Hamilton---- 295
5th A re * ... 104
Liberty . . . . . 170
Bloss IA 3 1st 6* 1917. FA A 100
Kings Co...... 810
First............ 400
L incoln.. . . , 750
Southern Cotton OIL, .50 t 45
220
L Isi JU& Tr. 250
F u lton *...,, 180 300
8tat Isi R T 1st 8s’ 13 A AO 107
90
100
Manaiact’rs. 240
200
G«r Amer*.
3d 5s 1938............. ,JAJ
90
Nassau . . . . . . 179
Btillw-Bierce A 8m-Y,IOC
06
OR i Mechanics', 196 ..... Hamilton*.. 105
People’s ... . 2 MI
Kings C o*... 100 n o
Swift A C O . . . . . . 1 0 C
100% 101
1ft 8 «............. .......... .
110
1100
• Banks marked with a asterisk (*) are State banks.
t Price per share.
8u»q Coal 6s 1 0 U ....J 4 J 117
I Purchaser also pays accrued interest.

.71l i c e t l a u e o e a . Par.
I-I&ertj 8Uk M ill*..... 100
Preferred................ 100
Lori Hard (P>—-P ref...l0 0
Madison 80 G—Block. 100
2d 6s 1010............MAN
Maine 8 3..................... ,50 t

Bid
80
85
115

....

.. .

....

......

,.

tM

......

THE

514

CHRONICLE,

[V ol .

l x y ih

,

Boston, Philadelohia and Baltimore Stock Exchanges— A Daily and Yearly Record.
c f

s h a r e P r i c e * —V o t P e r C e n t u m

S aturday, M on day,
M arch 11 M arch 13
•345 . . . .
•......... 87
•888
...
•171 1 72 *
138*189
180
33*
•40*

130
33%
40*

1 1 4 * 114*

28*
0%

a-%
6*

245
85
233
172
139*
140
130
33*
46*

Tuesday,
M a rch 14

1 1 4 * 115
85
38
•94
95
27*

•0

28*
0*
93
52
79

’ 3 3 * 82%
40 4 4 6 *
00
60
1 1 4 * 114*
94

342 8.43
340 343
140% 144% x 13 7 * 140
Xl 13*116
384 309
372 373
85
89
91
•89
*
700 700
760
2 3 * 24
2 3 * 23*
0 9 * 70
08* 09*
4 5 * 4 7*
4 0 * 48
IS* 140* 189 145*
1 30 * 140* 1 4 0 * 143*
8854 90
90
90
52* 53*
51* 51*
26
2-5
20
26*
44
44
•43 .........
1 8 * 20
19* 2 )*
148 148
♦........ 150
39
40*
39* 40*
27* 20*
2 7 * 27*
1 4 7 * 147* 1 4 7 * 1 4 7 *
42
42*
4 2* 42*
88
38*
38
38
~~
• 1*
1*
l*
•1*
4 9 * 49*
•49
03*
03
0 3 * ♦62
•Bid ana askedprloes:

INACTIVE STOCKS

r a i l r o a d s .—P rices
At Top & S F e .. (Bost)lOO
Atl A Charlotte(Balt) 100
Bos A Maine pf.(Bost)10C
Boston A Prov. “
100
Oal’ wlssa Istp f (Phil) 50
Central Maas... (Boat) 100
Pref.................. “ 100
Central O h io...(B alt) 50
Chip A W Mich.(Boat) 100
Clt’s-Stof IndB?(Phil) 100
Oonn A Pas8um(Bo8t)100
Conn R iv e r .... “
100
Consol T rP itts?(P h il) 60
P re f?................ “
50
Flint .% i ere M. (Bost) 100
Pref.................. “ 100
G’rmant’ n Paas(Pbil) 50
Heetonv M A T “
50
P r e f...............
Hunt A Broad T “
P r e f................. “
K C Ft 8 A M .. (Bost)lOO
P r e f................. “ 100
Little Schuylk.(Phll) 50
Maine Central.(Best) 100
Mlnehill A 8 H .(P h il) 50
Nesquehon’g V. “
50
New England..(Bost) 100
P re f................. “ 100
North P e n n ....(P h il) 50
Phil A Brie....... 50
Phil Germ A N . “
50
United N J ....... “
100
United Tr o f P. “
50
P re f................. "
50
West End pref.(Bost) 50
West Jer A 8 8.(Phil)
W e stN Y A P a . “
WUcon Central (Bost) 100
P r e f................. “ 100
W o rN a a h A R . “
100
MI8CELLANEOU8.
Allouex Mlning(Bost) 25
Am Ry El I,t.1 .(P h ll). . . .
Arnold Mining (Bost) 25
Ash Bed Min’g. “
25
Atlantic Min’g. "
25
Baltic M ining.. “
25
Bay State GaaT.( Bost) 50
BergAEng » r ’w(Phii) 100
P r e f.................
“ 100
Boston Elec Lt.(Bost) 100
Boston Land.. . *•
10
Cambria Iron..(P hil) 50
Canton Co........ (Balt) 100
Cemen Mining.(BoaM 25
Daylight Pi ism. (Phil) 50
oouiiu Coai pi (Bost) 100
Edison El 111
100
Elec Co o f A m ?.(Pbll) 50
Elect Vehic'e?. “
100
Electros Com’l? “
50
Frantim Min'#.(Best) 25
General Elect.
iO0
P r e f .............
100
QenEl Auto-MT(Phll) 50
Int But U A 3 M (Bbst) 10
Isle Roy a le ?.... “
25
Marsdeu pren vPhU) 100
Mergenthaler.. ( Bost) 100
Mex Telephone ••
10
N oA iu G Dretlg 11
10

94

2 7*
27
0%
0
•90
50* s i *
•7-** 7 8 *
•201

• 9 i*
52
51%
7 8 * •78*
204
•201 .
41*
41
41%
05*
6 5* 00*
«»%
97*
9 7 * 9 7*
98
12
14% 12 1-10 5-1*
3 3 * 3 3 * 3 2 * 33
38*
13
1 8 * 18*
17%
44
45*
45
45*
77*
77% 7 7 * 78
35*
35* 35*
33*
21*
41% 21 * 21 *
4 3 * 4 3*
41%
94
94* 94*
9 4 * 04%

• s i*
•78*
204
40*
00*
•97%
13
32%
17*
45
77%
35*
21*

F rid a y ,

245 245
245 245
245
8 7 * 88
87
87
80*
....... 234 234
. . . . •233
172* 172* 172* L71 171
1 3 3 * 142* 1 4 0 * 1 4 3 *
139
1 45 * 148* 1 4 8 * 1 4 8 *
140
........ x l 29 129 *129 130
1 2 7 * L23
3 3 * 3 3 * •33* 3 3 * ♦31* 3 1 *
4 0* 46*
45% 45%
48% 48%
00
5.1* 5 9 * •59
00
00
115 115*
1 14 * 114* 1 14 * 115
40
•38
95
•9d% 9 4% •93
94
94
05
*62
27*
27
27
27*
27
27*,
0
6
0%
0*
0 * 94« *
•93
♦90
93
•........ 94
51*
50
50
50*
50
50*
•77% 78% ■78% 78% *77*j 7 7 *
201 2 0 L* ' 2 0 1 *
201 202
*43
45
05* 04*
0 5 * 66
0 5 * 00
•90* 97
97
97
97% 97%
1113-16 12 n % u % I t 11-16 *
32* 32*
32 7-10 3 2 * 32 9-10 3 2 *
17% 17% 174$ 1 7*
1 7 * 15-lb
44* 45*
4 4 * 45
4 3* 43*
77* 73*
7 8 * 78*
77
77%
3 5 * 35*
35* 35*
35% 35%
2 0 * 209$
20% 20%
21
21*
*4 2 * 4 3 *
43
43
94
94*
94
94*
94% 94%

215
245 245
245
86
87
87
85
•233
•233
233
172* •171 172* 1 72 *
1 3 9 * 1 3 8 * 139* 1 38 *
145 145* 145
140
130 130 •130
130
3 3*
46*

66
97*
12*
3-10
18
45
77%
35*
21*
43*
94*

344
139
113%
300
81
740
23*
70
45*
155
155
88
51*
27
43*
18

345
1 40 *
114%
360
80
740
23*
71
47
168*
1 64 *
89*
51*
27*
43*
19

3 7 * 38*
39
2 8 * 29
28%
1 4 0 * 147* 1 4 6 *
4 2 * 44
43
38 4 3 3 * x37%
1%
>1%
*1%
>40% 50%
47
62% 8 8% *6 2*
no sale was made.

39*
29%
147
43*
37%
1%
43
03*

341 345
1 3 3 * 140*
1 1 3 * 113*
300 300
78
84
740 750
23* 28 «
6 9 * 70
46
45
149 158*
149 157
89
?9
52% 5 2 *
20% 27
•43
44
18% 19

Bid.
Mar.
31%
121
175
288
55
20%
72
41%
18
38
153
260
38*
61%
25
47
143
42
75%
11
43
8
30
64%
160
58

A sk.
17.
21%

21
73
45%
20
39
155
205
33%
20
48
70
10
50
58

55
35
38
98 100
101%
22

207
15%

18%

112

113
00
6%
0%
1%
2
4
130
9%
’ 10% n *
1%
1*
3l
32
28
28%
1%
1%
85
45
95
175
5
0%
46
4 0%
83
85
45
45%
39
39%
120 121
195
20% 26%
113
8
24% 25
118 U 8%
188 133%
15% 10
2%
07
08
07% 08
x 183 184
2
1%
34% 35

343
141*
114
359
81
740
23
09%
40*
100

345
109
116*
359
88
740
23*
70%
47*
1 08 *

345
157
110
383
88
740
23*
70*
47
100
100

3 45 *
107
llv*
365
91
740
23*
70*
47*
170
105

88
88*
♦87 ........
52
52*
52* 52*
28
28*
> 36% .........
43
43*
•43
44
18* 19*
1 8 * 19
•........ 150
•........ 150
43
47
3 9* 42*
27* 20*
2 3* 29*
140 147
140 147*
4 3 * 44
42% 44%
38* 38*
33
38*
1*
1*
•1%
1%
47
47
48
48
• 0 2 % ........ ♦02* 03

STOCKS BONDS
MISCELL.—Concluded.
Old c o l Mining. (Bost) 25
Osceola Mining. “
25
Palmetto C o ....(P h il) 25
Parrott. SilACop( Bost) 10
Penn Elec V eh?(Phil) 50
50
P re l?................ “
Pennsyl S alt... “
50
Pennsyl Steel?. “
....
P r e f? ............... “ 100
Pullman’s Pal..(B ost) 100
Quincy Mining. “
25
Reece Buttonh. “
10
Rhode Isl Min.. “
25
Santa Ysabel G “
5
Tamarack Min
“
25
Torrington “ A ” “
25
P r e f................
“ 25
U n C o p L & M ’g “
25
Un Shoe Mach.. “
25
P r e f................. “
25
Utah M ining... “ 4*8C
Water Pow er.. “
. . ..
Welsbach Com?(Phll)100
P r e f ? .............. “ 100
Westm’ rel Coal “
50
Winona Mining(Bost) 25
Wolverine Min. “
25
W ollaston L 'd . “
5
B o n d s —B o s t o n .
Am Beil Tel 4s..1908 JAJ
A T&S F gen g 4s .’ 95 A&O
Adjustment g 4s. .1995
B A M 3d is 7s.’ 02-07 MAN
Boston Term’ l 3 * s . .1947
Bos UnGas lB t5s.’ 39 JAJ
2d M 5s..........1939 JAJ
BurA Mo Rlv ex’ pt 0s. J AJ
Non-exempt 6 b.’ 18 JAJ
Plain 4s..........1910 JAJ
Ch BurA N 1st 5s.’ 20 AAO
2d M 0s........ 1918 J&D
Ch Bur A Q 4 s.l922 FA A
Iow aD lv 4 s.l919 AAO
Chicago J unc 5s. 1915 J AJ
Ch A N o M g u 5 s .’ 31 MAN
Chi A W M gen 5s.’ 21 JAD
Con. o f Vorm’ t 5s.’ 13 JAJ
Curr’t Rlv 1st 5 b.’ 27 AAO
D G R A W lst4 s.’ 40 AAO
Domin Coal lst08.’ 13MAS
East’n 1st M 6 b g.’ O0 MAS
Fr KlkAM V 1st 0 s ’ 33 end
Unst’ p’d 1st 08.’ 33 AAO
m in Steel oonv 5s.’ 10 JAJ
Debenture 5s. 1913 AAO
K C CA 8 1st 5sg.’ 25 AAO
K C Ft SAG 1st 7s.’ 08 J AD
K C F SAMcon 6s.’ 28MAN
K C M A B 1st 4s..’ 34 MAS
Income 5s.......................
K CA M RyAB 5s.’ 29 AAO
K C 8 tJ o A C B 7s.’ 07 JAJ
Lams’n St’re 8 0s.’O9 MAS
L R ockA F S lst7 s.’ 05JA^
L EAStL 1st0s g.’ 20 AAO
2d M 5-0 g....l930 AAO
Mar H A Ont 0 b...’ 25 A&O
Mex Cent 4a g ..l9 1 1 JAJ
1st con Inc 3s g non-cum
2d con iuc 3s non-cum..
New Eng Tele 6s.’ 99 AAO
.................. 1907 AAO

R a ilr o a d S to c k s.
Boston & A lbany...................(B oB ton)....100
86 215 Mar. 7
1,010 8 0 * Jan. 4
Boston Elevated.......................
“ ....1 0 0
9 227 Jan. 9
“ ....1 0 0
Boston & Low ell........................
Boston & Maine.........................
“ ....1 0 0
89 170 Jan. 4
Chic. Burl. & Quincy.................
“ ....1 0 0 20,810 1 2 4 * Jan. 4
Chic. June. & un. Stock Yds.
“
....1 0 0
2,838 1 3 9 * Jan. 8
222 124 Jan. 12
P referred ............................
“ ....1 0 0
300 1 2 0 * Jan. 3
Chic. Milwaukee & St. Paul. (P hila.' ....1 0 0
3 08 2 9 * Jan. 3
Choctaw Oklahoma & G u lf..
“
. . . . 50
039 4 3 * Jan. 14
Preferred................................
“ . . . . 50
185 5 7 * Jan. 3
Consol. Traction o f N. J .? ...
“
....1 0 0
Fitchburg, pref..............................(B o s to n ).... 100 9J5 107 Jan. 3
Ga. Southern & Florida........ (Balt.) ....1 0 0
37 Feb. 0
‘ ’ n o 9 3 * Jan. 12
1st preferred........ .................
“ ....1 0 0
2d preferred...........................
“ ....1 0 0
03 Jan. 11
12,738 2 3 * Jan. 10
Lehigh Valley.......................(Phila.) . . . . 50
850
Mexican Central..................... (B oston). . . . 100
5 * Jan. 7
Northern Central.................... (Balt.) . . . . 50
90 Jan. 21
3,306 421$ Jan. 7
Northern Pacitio.................
(Phila.) ....1 0 0
Preferred.................................
“ ..,,1 0 0
7 6 * Jan. 6
Old Colony.......... ......... ..........(B oston ). . . . 100
59 198 Jan. 4
134 4 0 * Mar. 11
Oregon Short Line....................
“ ....1 0 0
Pennsylvania...................................(P h ila .).... 50 4.002 01 J an. 3
579 9 4 * Jan. 3
Philadelphia T r a c t io n .......
“
. . . . 50
Reading Company....................
“ . . . . 50 19,380 10 5-10 Feb. 8
9,915 25 13-10Jan.7
1st preferred.......... ................
“ . . . . 50
1.3 l313 7-10 Jan. 6
2d preferred............ . ...........
“ . . . . 50
2,272 4 1 * Jan. 7
Onion Pacific............... ., (B oston). . . . 100
3.233 73 Jan. 0
P referred................................
“ ....1 0 0
Onion Traction.............
(P h ila .).... 50 13,123 3 1 * Jan. 7
5,458 19 Feb. 15
Onited Hr & Elec. Co.(w. i.) (B alt.; ............
2 1 0 4 1 * Mar. 3
Preferred (when issued)..
“
............
008 90 Jan. 3
West End Street................... (B oston ).. . 50
H is c e lla n e o iis S t o c k s .
American Bell T elephone... (B oston).. .100
902 273 Jan.
.100 78,164 1 3 3 * Jan.
American Sugar Refining ?..
“
P referred ?.......... ...................
“
.100
780 1 1 0 * Jan.
Boston & Montana...................
“
. ‘ 25
1,057 202 Jan.
Butte & Boston ...................
“ . 25
7,372 74 Jan.
Calumet & H e c la ......................
“
230 635 Jan.
. 25
31,853 1 1 * Jan.
Cambria Steel ($ 1 5 0 paid) (Phila.) ..
8,085 0 6 * Mar.
Consolidated Gas......... ........... (Balt.) ....1 0 u
Dominion Coal .. ................. (B oston)___ 100 27,709 33 Jan.
Electric Storage Battery 7 .. (P h ila .). . . . 100 21,5 38 5 8 * Jan.
P referred ?.......................
“
100 4,919 0 4 * Jan.
001 7 8 * Jan.
Erie Telephone......................(B oston )___ 100
Federal Steel.........................
“ ....1 0 0 9,153 4 0 * Feb.
Lamson Store Service........
“
. . . . 25
753 2 3 * Jan.
Lehigh Coal & N avigation... (Phila.) . . . . 50
234 3 9 * Jan.
Marsden Company ? .............. .
“
....1 0 0 50,090
6 * Jan.
New England Telephone.......(B oston ).. .100
30 133 Jan.
Oid Dominion C op per?........
“
25 27,080 35 Jan.
Pa. Mfg. Light & Power? . . . (P h ila .). . . . 50 41,248 3 3 * Jao.
United Gas Im provem ent?..
“
50
7,100 1 2 7 * Jan.
United States Oil...................(B o s to n ).... 25 15,201 30 Jan.
Welsbach L i g h t ? . . . . , , .(Phila.)
. . . . 5 1,26 i 3 6 * Feb.
West End Land.......................(B o s to n ).... 25
300
1* Jau.
Westingh. Electric & M fg ...
“
. . . . 50
870 39 Jan.
Preferred........................
“
. . . . 50
27 03 Jan.

Bid.

A sk.

17
90
4%
4 6%
22
10%
109
46
63
158
105
u%
14
11%
225
30%
29
8
30%
20%
42
%

17%
91
5
46
22
11

50
10%
40%
1%

159
170
12
14%
11%
230
31
30
8%
37
27
42%
1
11
59
17
47
2

3103% 103%
{100% l o t *
{ 82% 83
xl 14
l 89
*120
jl0 7
$100

Sales
o f the R a n g e o f S a les i n 1 8 9 9 .
Week.
S h a res
Low est.
H igh est.

ACTIVE STOCKS.
H Indicates nnHated.

P r ic e * .

W ed nesd ay T h ursd ay.
M arch 15 M arch 16

90
71

106
fio o
101
jio i
i 102
|U2% 114
a 81
82
I 91
93
* 93
94
72%
| 95
90
{118 119
4138
$138
} ........ 100
$........ 102
72
P114
$ 99
99%
93
{ 42%
$100
$120
$........
$103
•103
$ .......
§114
{ 70% 72
17
17*
6%
$100

BONDS
B o s t o n —Concluded.
N YAN Eng 1st 7s.’ 05 J AJ
1st, mort 0s.. .. 1905 J &J
Ogd A L C con 6s.’ 20 AAO
Incom e 0s.............. 1920
Rutland 1st 0s. . ’ 02 MAN
2d 5s.............. 1898 FAA
TorriDgton 1st 5s 1918.
West. End St 5s. .’ 02 MAN
4 * s ................1914 MAS
Gold 4s........ 1910 MAN
4 s ................... 1917 FAA
B o n d s —B a l t i m o r e .
A tl A Ch 1st 78.1907 JAJ
Atl G-Light 1st 5s 1917 J AD
Balt Belt lst5s.l990M A N
BaltCPasl st 5s. 1911 MAN
Balt Fundg 5s.l910 MAN
Exchange 3*s.l930JA J
BaltAOhio 4 sg .l9 35 AAO
S tatlsl 2d 5 g. 1920 JAJ
B & O S W lst4 *g. 1990JAJ
BaltAPlstOsml 1911 A&O
1st 0s tunnel 1911..JAJ
Bal Trac 1st 5S.1929M&N
E xt A Imp 0S.19O1M&S
NoBaltDiv 5s.l942JAD
Conv’rtible 5sl9O0MAN
CapeF A Ysr A0g. 1910 J AD
1st 0s ser B..1910 tr rec
1st 0s ser C..1910 tr rec
Cent Ohio 4 * s g .’ SO MAS
Central Ry 6s.. .1912 JAJ
Consol 5 s ....1 932 MAN
Ext A Imp 5s.’ 932M&S
ChaB City R yl st 5s ’ 23J&J
CharlCAA ext5s.i9iOJAJ
Chesap G a s0s.. 1900 JAD
CityASub 1st 5s.l922JAD
Col AGrn v 1st5-0.1917JAJ
Consol Gas 0s. .1910 JAD
5s.................... 1930 JAD
Ga A Aialstpf5sl945A A O
GaCarANlst5s g. 1929J AJ
GeorglaPlst5-0s 1922JAJ
GaSoAFla 1st 5s. 1945JAJ
KnoxvTrac 1st5s ’ 28 AAO
Lake R El lstgu5s’ 42MAS
MetSt( Wash) 1st 5s’ 25FA
New Orl Gas 1st 5s...V ar
Norfolk St 1st os ’ 4 4.JAJ
NorthCent 4 *s.l925A & O
0s 1900................... A&O
0s gold 1900 .......... JAJ
0s 1904.................... J&J
Series A 5s 1 920....J&J
Series B 5s 1 920....J&J
Ohio&Mlst7SD1905M&N
Pitt Un Trac 5s. 1997 J&J
PotomVal lst5s.l941J& J
SecAvTn(Pltts)5s’ 34J&D
8av Fla & W est 5 s ’ 34 A&O
Seab & Roan 5s. 1920 J&J
Virg Mid 1st 0S.19O0 M&S
2d series 0 s ..1911 M&S
3d series 0s. .1910 M&S
4th ser 3-4-5s. 1921M&S
5th series 5s. 1920 M&S
Va (State) 3s new.’32JAJ
Fund debt2-3s.l991J&J
Va& Tenn 2d 5s. 1900 J&J
8s..................... 1900 J&J

Bid.

Ask.

$119
jll4
107
15
$105 107
$100
102
§ .. ...
$105
$.........
$........
$.........
121%
107
114
122
113

108
114

108
125

112“

126"
103*
121
127
104
72%
06

104%
122
ISO
104%
73
06%

il8**
110
100
109
104
117%
118
118%
11*
107%
103
123%
109*
100%
110
122
102
108
1 14 *
106%
1?4%
1 12%
119
118

.....

100%
L12
120
119
112%
103%
121%
no
107
124
109%
104%

112 112%
100
115%
100
110
118
110
104
109
83
100

119
110
85

258
89
235
175
149*
148*
130
1 31 *
36*
47*
61*
117
38
95*
70
30
7*
95
55*
81*
204
46*
70
99
12*
3 1*
18*
50*
8i
37*
23*
45
95

Jan.
Jan.
Feb.
Feb.
Feb.
Mar.
Mar.
Feb.
Feb.
Feb.
Jan.
Jan.
Feb.
Jan.
Jan.
Mar.
Jan.
Feb.
Feb.
Jan.
Mar.
Jan.
Jan.
Mar.
Jan.
Mar.
Mar.
Feb.
Jan.
Jan.
Feb.
Feb.
Jan.

18
27
1
27
18
17
11
18
16
2
12
20
1
23
27
9
21
0
15
20
11
23
23
9
24
9
3
21
23
31
21
21
19

380
109
119
390
97
895
44*
71
48
170
105
1 0
55*
28*
44

Feb.
4ar.
Mar.
Mar
Feb
Feb
Mar.
Jan.
Mar.
Mar.
Mar.
Feb.
Jan.
Mar.
Mar.
Mar.
Feb.
Feb.
Mar.
Mar.
Mar.
Jan
Feb.
Feb.
Jan.

14
16
17
1
17
31
0
24
10
17
17
14
24
17
13
1C
23
18
15
10
4
9
18
24
10

20*

154
49
29*
149
44*
42*
1*
52*
64*

BONDS

Bid.

B a l t i m o r e —Conclu’ d.
W est N C con 08.1914 J&J 119
WestVaC&PlstOg.’ llJ A J 111
W ll & Weld 5s.. 1935 J&J 117
B o n d s — P h i l a d e lp h ia
Atl City 1st 5sg..’ 19 M&N
Balls Ter 1st 5s. 1926 J&D
B Boro Gas 1st 5s.’ 88M&8
Cambria Iron 6 s. 1917 J&J
Catawissa M 7s. 1900 F&A
Ches&D Can 1st5s. ’ 10 J &J
Choc Okla & G prior lien 0s
General 5 s ... .1919 J&J
Cit’ s’ S tR y(In d)con 5s.’ 33
Colum St Ry 1st con 5s.’ 32
Con Trac o f N J 1st 5s..’ 33
Del & B Bk ls t7 s .’ 05 F&A
East&A 1st M 5s.’ 20 M&N
Edison Elec 5s stk tr ctfs
Elec& Peop’s Tr stk tr ctfs
Elm&Wllm 1st 6s.’ 10 J&J
Income 5s— 2802 A&O
Eq 111 Gas-L 1st g 5s. 1928
Hestonv M & F con 5s. *24
H& B Top con 5s.’ 25 A V©
Internal Nav 6s.......1900
K C Sub B 1st 0s..’ 20 J&D
K C P & G 1st 5s..’ 23 A&O
Lehigh Nav 4 * s . . ’ 14 Q-J
RR 4s g.......... 1914 Q-F
Consol 7 s .....1 91 1 J&D
Gen M 4 * s g .. 1924 Q-F
Leh V C ’l 1st 5s g.’ S3 J&J
Leh Val ext 4s.. 1948 J&D
2d 7s..............1910 M&S
Consol 0s.......1923 J&D
Annuity 0s..............J&D
New’kConGas 5s ’ 48 J&D
Newark Pass con 5s.l930
No Penn 1st 4s..’ 36 M&N
Gen M 7s........1903 J&J
Penn gen 6s r.. .1910 Var
Consol 6s c . . . . 1905 Var
Consol 58 r ---- 1919 Var
Pa & N Y Can 7s..’ O0 J&D
Cons 5s.........1939 A&O
Cons 48......... 1939 A&O
Penn Steel lst5 s.’ 17 M&N
People’s Tr tr certs 4s.’ 43
Perkiom l8 tser5 s.’ 18 Q-J
Phila Elec gold trust ctfs
Ph&Er gen M 3g.’ 20 A&O
Gen M 4s g . . 1920 A&O
Ph & Read 2d 5s.’33 A&O
Consol M 78. .1911 J&D
Con M 0s g.. .1911 J&D
E xt Imp M4s g .’47 A&O
Con M o f ’ 82 4s.’ 37 J&J
Terminal 5s g.1941 Q-F
P Wil & Balt 48.1917 A&O
Collattrust 4s.l921 J&J
Pitts C&St L 7s. 1900 F&A
Read Co gen 4s, 1997 J&J
Rochester Ry con 5s. 1930
SchRESidelst5s g ’ 35JAD
Scran Trac 1st 0s’ 32M&N
Union Term’ l 1st 5s.F&A
United N J 4s. .1944 M&S
UnTracPitts genos’97J AJ
§And interest.
•Price includes overdue

A ek
120
112

111
101*

108
107
104

107*

111

117
H I*
115
9 8 * 99
125
109
1 09 * 1 0 9 *
116*
107*

ba

114
107

123
108
90*
113
130 185
118
120

1 05 * 100
110

113

117
131

126
120

105
90
100

108
103* 1 0 3 *
121
109
125
133
123
104
103
120 *
11*6*
100
89*
89
105*
113* 118*
97
112
t $ l 50 paid.
ns.

coupo

THE CHRONICLE.

M arch IS, 1896.J

5J5
L a tes t G ross E a rn in g s .

Ho a d s,

J t n jje s t m n x l

W eek o r M o

1 89 8 -9 .

1897-8.

J a n . 1 to L a tes t D a te .
1898-9.

iUilroad Intelligence.
RAILROAD

EARNINGS.

T h e fo llo w in g ta b le s h o w s th e g r o s s e a r n in g s o f e v e r y
8TK a m r a i l r o a d f r o m w h i c h r e g u l a r w e e k l y o r m o n t h l y r e t u r n s
• a n b a o b t a i n e d . T h e fir s t t w o c o l u m n s o f f i g u r e s g i v e t h e
g r o s s e a r n in g s f o r t h e la te s t w e e k o r m o n t h , a n d t h e la s t t w o
c o lu m n s th e e a r n in g s f o r t h e p e r io d fr o m J a n u a r y 1 t o a n d
I n o lu d in g s u o b la te s t w e e k o r m o n t h .

The returns o f the street railways are brought together sep­
arately on a subsequent page.
L a test Gross E a rn in g s.
Ho a d s.

W eekor i t o

1898-9. ' 1 89 7 -8 .

J a n . 1 to L a test D ate
1 89 8 -9 .

1 8 9 7 3.

8
1 0.3 48 ;
2 1 ,4 8 2
2 1 ,4 9 2
Adirondack ..January.-.
3 20.481
3 3 8 ,9 3 3
3 0 ,8 8 4
A la - G t . S o u t h .. Is tw k M 'c b
7 0 ,1 9 4
7 0 ,1 9 4
8 6 ,9 7 1 1
A la . M id la n d .. J a n u a r y ...
A la .N . O .A T e x . Pao. J a n e .!
2 4 0 ,0 2 1
2 4 8 ,2 0 0
H O rl. * N, E F eb ru a ry
1 1 0 ,1 2 0 1 1 4 ,46 2
1 1 8 ,3 9 7
1 3 3 ,58 3
A la . A V ick s*. F eb ru a ry .
4 3 ,4 2 8
5 9 ,6 6 3
115 ,92 5
12.9,793
V Ick s .S h .A P. F e b r u a r y .
4 9 ,3 8 0
6 1 ,4 8 9
2 2 4 ,1 6 4
2 1 2 ,7 6 0
A lle g h e n y V a i. J a n u a r y ...
2 2 1 .1 6 4 2 1 2 ,7 6 0
3 2 9 ,6 1 0
A n n A r b o r . . . . — 2 d w k M ar.
3?,64t>
31,2 69 ' 3 0 5 ,1 3 3
10,973
10,3 30
A r k . M id la n d ... J a n u a r y ...
1 0,8 73
1 0 ,3 3 0
A t c h .T . A S .P e f J a n u a ry .. 3 ,2 2 3.32 3 2 .360.449 3 ,2 2 3 ,3 2 3 2 ,8 0 0,44 9
A tla n t a A C har D ecem b er.
173,187, 150 ,75 1 1 ,7 0 0,03 5 1,6 0 8.32 1
5 2 .4 8 1
49,0 17
2 3 .6 2 5
2 1.6 10
A ti. K n o t A S o F e b r u a r y .
5 5 ,5 3 9
5 2 ,0 3 3
55,5 39
5 2.6 33
A U a n ta A W. P . J a n u a r y ...
1 7 4 ,01 4
191 ,13 6
A tL C s tL ln e B .C D ecem b er.
'9 5 ,3 2 9
1 9 ,2 2 5
'9 6 ,3 5 0
11,7 76
A lla n . A D a n v . . M w k M ’ eh
1 3 1 ,33 0
1 7 8 ,0 3 9
17.9 75
15.004
Ana tin A N' west. D ecem b er.
B alt. A O h i o . .., F eb ru a ry 1.7 J2,8 31 1,012.361 3 ,9 7 1 ,7 4 5 3 ,9 6 2 ,7 9 1
1 12 ,40 5
138,870, 1,007,117; 1 ,1 0 7,00 7
B a l . A O .a o u ’ w- Istw k M 'c b
1,964;
1,833;
1,833
1,364
Bath AHam'nd* January- .
2 ,0 3 9
•2,039
1 .9 8 0
1,9.90
B lr. A A tla n t ic . J a n a a r y ..
B
0,107[
48,894!
48.8
34
5 0 ,1 0 7
Brtin*WkAWe«'J a n u a ry .
7 4 .1 3 7
6 3 0 ,7 7 6
06,7 93
0 0 8 .8 4 2
B u tr .flo c b .A P m t .t w k M ’ cb
Baflr.St.M.A.6. W J a n u a r y ,.
3 1 ,0 1 9
3 1 ,0 1 0
53.SC 9.
4 0 ,4 6 8
5 3,6 09
B u lla lo A 8 W i . ..J a n n a ry .. .
*40*436
8 0 5 ,5 5 0
6 9 1 ,7 0 2
9 s,43 2 !
8 3 ,8 0 1 j
B a r.O . fla p .A N Istw k M ’ oh
O anadlanPaelttr! Is tw k M 'c b * 9 2 ,0 0 ; 4 5 4 ,0 0 0 ! 4,0 0 8,57 0 3 ,6 2 0 ,9 0 9
5 .4 3 5
5 4,320
5.689
59,0 78
C ar. M idland .. N ovem ber.
118 , 4.551 1,074,865; 1 ,1 3 0.05 0
O e n t-o fC ecr n a ; Istw k M Vh; 123 .35 7
4 7 .2 8 6
5 1 .5 4 3
17 .26.1
5 1 ,5 4 3
•Central N, E . .. J a n u a ry ..
C entral o f ,4. J. J a n u a r y ..H 1i .092,563 1,065,600 L n 9 2,563: 1 ,0 5 5 ,0 0 9
C entral P aetn e D ecem b er. 1,263,292 1 .1 4 1.95 1 15,910,809 1 4 ,1 7 3 .6 0 1
O h srleet'n A B a v J a n u a ry ..
5 7 .1 3 0
6.9,704
5 7 ,1 3 9 ,
6 8 .7 9 4
,_____
8 2 ,1 5 6
7 9 .0 2 ll
O
bas’ h A W .C a r jN o v e a ib ’ r
10,321
12.478
C h a tta n ’ ka Ho
Istw k M >r.
039;
1,439
Okea. A O h io ..,. Istw k M 'c b
2 10,108; 2 2 3 .11 9 1,89 4.008 2,090.802
CBIe. B ur. A Q .6 J a n a a r y .
3 .1 9 3 ,4 5 2 3 ,0 4 4 ,4 5 8 3 .1 9 3 ,4 *2 3,044.456
8 >8,742
790^23
CbJc. A E ast.Ill IW w kJT eb . 103 .32 3
06,8 37
C h l o .U t W M l'c lu lw k M 'cli
1 2 0 ,1 1 9
111 ,02 9 1 ,0 2 3,08 4
895,850
5 7 8 ,6 3 2
499,133
C h ic. In d . A t . . lu w k M 'c h
5 9 ,5 4 4
5 8 ,3 7 8
Chin. MU, A at. P ;2d w k M ar.. 7 0 1 ,6 3 5 ! 663|733i
5 6 3 ,73 3 6 3 9 6 ,0 0 5 6,058,510
C M C .A N ’ th w 'n , J a n u a r y ... 12,8 2 9,50 8 2,5-----------6 1.55 7 2 .8 2 9 .5 9 8 2,501,557
149.000
O h lo .P e o .A S t L F eb ru a ry .
0 4 .1 1 6
71,0 01
130,78
C h ie .R 'k 1. A P, J a n u a r y .. 1,539,847 1,435,037 1 .5 3 0 .8 * 7 1,435,037
323 ,90 9
O h io.S tP .M .A O . J an u a ry . , , 8 23 ,8 9 5 6 7 ,4 7 9
567,479
203,702
2 0 4 ,6 5 1
C h lo.T er.T r.R B . Istw k M ’ c b
2 1 .6 7 2
21,481
3 17,529;
Chle. A W .M te b Istw k M ’ c b
3 8 ,5 4 9
3 9 ,8 6 4
276,667
O b o e .O k .A G u lf, id w k Fet>.
15,268
20,859;
' ‘ 8,709!
’ 3.368
C ln .< 3,A F ott«’ t b ; F eb ru a ry .
4.231;
3 ,9 3 0
053,995
C U t N .O .A T . P F e b r u a r y .
3 2 5 ,9 7 6 ; 3 2 1 ,1 6 0
692.691
38,639
40,327
Q a .P o r t a .A F ir .F e b r u a r y ,.
2 0,2 47 :
J9,989|
1 48,245
C toV . A k . A CoL Istw k M Y h
17,578;
15,8 9«i
1 11,333
...
100.879.
102,600
d e y .C a n . A 8 0 . . 4tbw fcF eb.i
11,704!
11,834
C L C ln.O 'h.A 8t.I U tw k M ’ ch 2 5 1 ,29 6
6 4 .9 1 9 2 ,2 6 1 ,5 5 9 2,425,109
P e o . A K ast’ n F eb ru a ry
135,735
1 5 7 .00 9
2 8 0 ,7 9 0
304.085
3 1 4 ,4 3 5
C L L o r. A W h eel 2.1 wk M ar
31,3 21
29,741
291/20
263,553
2 2 4 ,4 2 8
O o L M ld la n d . . . F eb ru a ry .
8 8 ,9 2 8
123,9891
211,605
O o l.H .V . A T o l J a n u a ry .
2 2 4 ,01 1
2 11 ,60 ;.:
2 24,011
146,361!
C oL S a n d y A H . ! -tw k M 'ch
1 4 ,1 1*.
1 7.1 0!
129,013
C olu sa A L a k e. F ebruary
1,450
1,700
2,6-50;
3,420
1,295
c k y s ta l............ . . J a n u a r y . . .
1.285
1 ,146
1,146
O a rn bT d V allet J a n u a ry ..
6 0 .0 0 9
6_______
0.730!
60.730
60,0081
D e n v .A R l O G r 2 d w k M a r
172 ,00 0
135,6001 1 ,6 1 3 .5 5 7 1.488,427
J J e e M .K .A W . D ecem b er
39,591
37,2311
5 20 .16 4
430,392
232,771
D M ,6 .R a p . A W Istw k M ’ c b
2 6 .5 5 4
2 6 ,8 3 0
219.090
4 7 ,5 5 9 1
D e t A M aekina. J a n u a ry
47,5 59
3 8 ,3 3 5
33,335
3 2 4 ,99 4
D u lu th 8 .8 .A A ti la tw k M ’ ch
38.011
30,3591
253,440
279J140|
K lrln J o i.A E a a t F eb ru a ry
1 3 7 ,6 2 6
127,389
245,031
E r ie ................. . . . J a n u a r y ... 2 ,4 8 9 3 3 5 A 36 3 .7 0 2; 2 .4 8 9,83 5 2 ,3 6 3 .7 0 2
E u re ka Spring*, iJ a s n a ry.. .
4,455,
3,406
4,455.
3 .4 8 6
E y an*. A Ind 'p ilai la tw k M ’ ch;
54,682
51,879
5 ,7 9 9 s
5 .8 6 9
B r a n s v . A T. B ,! Istw s M V h
208,207 , 210.862
2 2,1 87
22,791
F in d , F t W .A vV !D ecem b er. 1
7.192
7.187
S U b t A P. M an, !*•.,» 4 M cb
533,359
512,719
1.7,110
6 4 .1 9
F la .'J en t.A Pan Istw k M ' ill
56.432
456,165
433,710
5 0 ,0 9 0
Ft. W ’ th A D e n .C 3.1 w k Feb.
.: 1.57*.
.............
182 .67 2
F t- W. A R io O r 4 th wk Fnl.
73.147
74,533
i i 'i e i
1,269!
1 .2 4 5
S a d * . A A lt , O . (F eb ru a ry [
566
.-s i1
G e o r g '* KR-------1st w kM'ctoi
3 6 ,1 2 7
28 ■>.468
310, 03
40,298
fle o riria A A ia
Istw k Fob
18.507
122,272
129,752
20.324
O a .< !a p ;a A N o. D ecem b er.
890,365;
831,018
1 0 ,579
74,7 26
D e c 8 0. A F la . F eb ru a ry 1 0 t ,1 7 i
140,371.
157,091
73,9091
e r . R a p . A In d . Istw k M ’eh
‘
4 5,3 *0,
377,207; 345,080
4 2 ,4 6 2
U ln.K .A Ft-W IStw kM V h
10.007!
79,013!
74,34?
9 ,0 8 2
Traverse City. istw k .M 'ch
7,5*0,
6,518
8441
837,
M n*. 03.
, K .A I . la tw k M 'ch
2.485!
16.840
19,942
2 ,5 5 0
T o t alU lnes. la tw k M 'ch !
58,000!
480, HO;
145.833
54,911
D r.T r'n k R y st'u i la tw k M ’ ch 4 7 4 ,61 7
* 4 5 ,0 4 8 4,255,3 l 4,035.8-7
C h ic .A O r . T r U h w k F cb
78,5 95
91,7 60
669,(193
579,500
D et-O r, (J A M tth w k F eb ,
16,031
129,182
132,508
1 7 ,4 9 1
S t e a l N o rth 'n Bt. P . M . A M F eb ru a ry 1,119,708 1,023,877 3,341,005 2,111,661
139,907!
90,2 18
307,071
193,160
E ast o f M in n F e b r u a r y .
M o n ta n a Cent F eb ru a ry
3 1 3 /2 7
333.893
1 3 2 ,8 9 7 160 ,21 0
T o t.s y s te m F eb ru a ry 1 ,142,512 1,274,30.-, 3,02',606 2,640,720
30,245
21.194
10,0 39
11,131
G U fB’ m ntA K .O F eb ru a ry .
3.442
7,367
S u it A C h ica go J D ecem b er,
01,849
52,416
H oos,T u n . A W II.! D ecem b er.
54,507
54,689
4,137|
3 ,3 0 9
4 5 0 ,1 6 7 3 0 7 ,6 0 6 3,046,599 3,16*1,955
B oos.A T ex.O m > D ecem ber
lU ln o te C en tra l: F e b r u a r y . ■20 9 19 5 6 112 18 3393 14,515,74 s >4,460,118
4 2 ,2 7 6
38,1 10
In d . D ee. A Went. N ov em b 'r.
435,090
431,959
7 7 .5 9 5
7 6 ,3 7 5
I u d .n i . A Io w a J an u a ry. ..
77.595;
70,375
68.381
0 5 8 *2
I a .A O t.J fo rth ’ r. Jrtwk .Mar.
704,027
764.709
t
1
16,348,
3 2 ,9 4 4
6 6 ,9 7 11

S

•

1 89 7 -8 .

S

AJfD

6 7 ,4 0 0
7 3 ,5 0 0
5 8 4 .3 0 0
ITnteroo. (Men.) W k F e b .2 5
3 7 ,4 3 0
3 6 5 ,5 6 *
4 2 ,5 5 1
I o w a C e n t r a l... 1 s i w kM ’ cn
4
.1
5
0
8 ,5 0 6
4
,4
4
9
I r o n R a ilw a y ... F e b ru a ry .
3 0 ,6 3 7
3 5 9 .0 1 7
33.8 63
J ack . T . 4 t f l D ecem b er.
1
00
,39 0
9
,9
0
0
6
,5
6
3
S a n a w ’ a * Mien ls t w k M 'o b
1 0 9 ,0 1 8
8 3,5 91
7 61,801
K.O.F.SoottAM u Is tw k M 'c b
3
4
,7
6
0
2
6
3
. 18
2 5.9 10
K .O .M e m .A B ir. Istw k M ’ c b
2 1.0 23
51,5 85
3 3. 17
K a n .0 . N . W .... F e b r u a r y .
4
2
,2
79
4 ,7 7 2
6 ,3 0 9
K a n . C ity A Om la tw k M ’ ch
7 2 3 ,1 5 4
0 1,6 43
7 0 .8 3 8
K . O. P itts. A G . 2.1 w k Mar.
1
0
8
,6
8
2
9 .1 5 1
9 ,9 1 0
K a n -O .S u b .B elt 2 d w k M ar
9 2 ,3 0 0
1 2 ,0 4 7
11,263
K e o k u k A W e s t.f 4 th w k F e b .
6 5 ,4 3 4
5 9 3 ,5 5 3
6 1 ,0 6 4
L -E rle A W est. ls t w k M oh
7 6, "77
3 2 .8 i7
3 1 ,6 7 9
L eh ig h A H u d .. F e b r u a r y .
L eh ig h Y a l. R E . J a n u a ry ... 1 .5 6 8 ,8 0 3 1 1 ,3 1 3 ,-3 8 1 ,5 6 3 ,8 6 3
Is-i;. V . C oal C o. J a n u a r y ... 1 ,0 2 2 ,5 8 2 1 ,505,381 1 ,0 2 2 ,3 8 2
1 3,6 *9
15.689
15.6 04
L e x 'g to n A E a s t. J a n u a ry .
4 1 1 ,8 9 0
182,411 1 98,733
L o u g ls la n d R K . F e b r u a r y .
4 3 0 ,9 0 8
187.357 2 0 5 ,2 6 8
L o n g la. System . F e b r u a r y .
15.607
6 ,1 2 7
8,298
L o s A n g. T e r m .. F e b ru a ry _
27 722
2 5 9 ,4 1 0
L o u ls .E y .A 3 t L . 1stw k M 'o h
29.607
8 9.0 65
9 ,1 1 3
9,072
;.*»n. 11. a s t . 1... I s t w s M 'e h
I.o u lsv .A N a sh v. 1S tw kM 'oh 4 2 9 ,7 8 5
4 2 3 ,3 6 0 3 ,9 7 5 ,0 2 2
9 .4 6 5
5,901
4,091
M acon A B ir in .. F e b r u a r y .
13.742
6.863
7 .0 9 5
M a n ls tld u e ........ F e b r u a r y .
:M e x lca n C en t,. la tw k M 'c h 259,319 2 4 0 ,2 0 2 2 ,6 2 3 ,1 1 7
304 ,31 7
384,317 2 7 0 ,8 0 0
M e x ica n Inter'l. J an u a ry.
123.028 103,819 1 ,1 7 9 ,9 9 5
:M e x . N a tio n a l Istw k M ’ c b
54*\377
3 9 ,0 3 6
i l e x . N o rth e rn .. N o v e m b e r
53.038
7 1 2 ,2 0 0
7 9 ,1 0 0
96.200
M ex ica n R 'w a v Wk F eb .2 5
1 2 1 ,8 1 0
14.174
18,245
M ex ica n So
Ith w k F e b ,
4 3 5 ,3 8 5
41,951
45,226
M in neap. A 3 t L . 2 d w k M ar.
5 4 8 ,92 1
M.
B t.P .AIs
S tw
.a tM
6 5 ,2 0 5
75,289
k M. 'c b
193.673 2 11 ,50 4 2 ,0 2 3 ,3 3 7
M o. K an. A T e x . Is tw k M 'c b
476.000 1 8 4 .00 0 4 ,3 9 4,551
M o.Pao.AX ronM I s tw k M ’cb
1 91.377
O e a lr a lB P o b . Is tw k M 'c b
2 4 ,0 0
19,000
495.00 > 5 0 8 .0 0 0 4 .5 5 .9 2 8
T o ta l
Istw k M ’ cb
60.9 23
28.682
M ob ile A B lrm .. F e b ru a ry .
3 3 ,8 8 3
7 50.800
M ob ile A O h io .. F eb ru a ry
312.000 3 4 7 ,6 4 9
2
0
7 ,4 4 2
99,229
M o u tA M e x .G 'f F e b r u a r y .
1 3 8 ,08 4
515.03S
N a s b .C h .A 8 t L . la n u a ry .
515,038 4 6 2 ,07 2
N e v a d a O n tr n l D e c e m b e r
3,431
2,305
N. Y .C . A FI. R . F eb ru a ry . 3 ,2 7 5 ,9 1 6 3 ,3 7 9 ,7 1 7 0 ,9 1 0 ,9 0 0
0 0,-105
N .Y .O n t A W
5 9 ,0 4 9
77.151
I s tw k M 'c b
2 0 0 .3 0 2
N. ¥. Sus-j. A W J a n u a r y ...
196 ,93 3
200,10*2
N o r f o l k * W est. IstwkM’cb 209,233 2 4 1 ,3 7 8 1,3 9 1 ,2 4 0
3 9 ,2 3 5
N'orlh’ n A la .R y . Istw k M 'c b
3 ,8 5 9
4.252
7 3 .1 5 7
N orthee’ u I ( i s > . D ecem b er.
7,711
7,017
5 5 8 .8 3 6
N o r t h 'n o n t r a l J a n u a ry ...
558.1,836 5 0 6 ,5 3 6
4 3 3 ,2 3 9 3 ,5 9 4 ,0 0 7
N ortb’ n P aclU c. ld tw k M ’ oh
4 2 1 .5 3 5
150 .96 4
O hio R ly c r .......... Is tw k M 'c b
17,3 99
14,218
7 5 .2 5 8
O hio 8 o u th »n i
62,3 23
7 5 ,1 5 9
J a n u a r y ,..
O r e g .H R .A S a y . la tw k M ’ch
12*1,031 1 ,0 3 3 ,1 9 9
1 3 9 ,3 4 2
5 2 1 ,0 3 7
4 4 7 ,36 9
O reg. 8b, L ine. J a n u a r y ...
6 2 1 ,0 3 7
Pao. C oast C o. D e ce m b e r.
3 5 8 ,4 3 7 3 4 9 .8 5 7 5 ,2 6 3 ,3 1 7
P aclflo M all........ J a n u a r y ...
3 2 3 ,05 1
.2 10,666
3 4 6 ,8 0 8
P cu n sy lv a n l* !. J a n u a r y ... 5 ,3 1 2 ,1 7 1 5,089,071 5,3 1 2,17 1
PcortaD eo. A L v
138 ,96 9
13,0 35 ;
15,039
stwkM'ca
2 7 0 .1 3 5
ptilla. A E rte . . . J a n u a r y ...
270.1351 2 5 3 ,1 2 8
p b lla . A R e »< L . J a n u a r y ... 1,804,654! 1 .7 2 4, *72 1 ,8 6 4,65 4
2 ,2 7 2,35 1 1 ,944.401 2 ,2 7 2,35 1
C o a l A Ir. Co J a n u a ry .
T o t. b o th C o's J a n u a r y ... 14,137.005 3 .0 6 8 ,8 7 3 4 .1 3 7 .0 0 5
P blL W U m . A B . J a n u a r y ...
7 3 0 ,8 *0
7 3 0 .8 4 0
6 8 0 ,9 4 0
Pitta. OX’ . A b t L J a n u a ry .. 1 ,4 2 7.00 0 1,314,59.5 1 ,4 2 7 .0 0 0
Pitts.Ll»l>.A Wn F e b ru a ry .
6 ,2 6 2
3 ,1 2 4
3 ,504
P ltta .B e * .A L .R id wk M ar
1 7 3 ,9 0 5
14,2 53 :
1 9 ,9 >7
Pitt*. A W e a 'u .. U tw k M 'e b
2 5 9 .9 8 6
3 3 ,4 0 8
3 2.3 02
1 3 4 ,89 5
P itta .O l.A T oL Istw k M 'c b
14,8 111
20,7 01
4 0 /5 7
P itts. Pa. A V 's tw k M 'o h
0 .0 2 2
5,200
4 4 2 ,1 2 0
T o ta l system U tw k M 'o h
5 1 ,3 2 1 ;
5 8,4 09
P i t u b .Y o . A A .. J a n u a r y ...
7 6 ,6 7 0
70,0761
8 2 ,3 7 2
B lc b F r 'k s b A p J a n u a r y ...
0 2 ,4 2 6
0 2 .5 2 6
5 7,2 21
3 2 ,1 0 2
3 3 .7 0 7
3 8 6 ,3 7 3
R io G ra n d e J o t D ecem b er.
7 7 ,4 1 6
H loG ra n d e 8 0 's Istw k M 'c b
7,03.4
7,881
Rio D r'd e West- 2*1wk M ar.
5 5 0 ,0 4 4
5 9 ,7 0 0
5 3 ,0 0 0
nag. TUsc. A U. F e b r u a r y .
17,5 00
3.033;
7 ,4 0 3
8 t J o a .A O r .L - . I s t w k M 'c b
2 1 0 ,8 4 4
2 3,4 00 !
3 3 , *31
5 3 .0 8 5
8 t L O b l.A R t P . F e b ru a ry .
2 5,5 22 !
2 7 .0 6 8
9 1. L. K o n 'e l A So F e b r u a r y .
1,590
6,143
11,536
8 t.L .A S a n P ra n . Istw k M 'cb
1 3 4 ,1 9 0
1 31 ,37 9 1,249.8071
S t,L .8 o u tb w n »t Istw k M 'c b
1 0 0 ,6 0 0
1**0,300 1 ,0 1 6,91 0
8 t P aul A D a l., F e b r u a r y .
234,908|
120,0051 1 02 ,05 3
San. A nt. A A. P J a n u a r y ...
138,49 4
1 3 3 ,4 9 > 100 ,65 9
S a a F r a u .A N .P February
1 >7.770'
6 0 ,0 3 2
52.331
1 5 0 ,1 5 2
S. Fo F ree. A Pn Istw k M 'oU
1 7 .9 * 0
14,7 40
->*y Fla-A W is t J a n u a r y ..,
310 .65 3 ;
31-1.053 3 0 9 .9 0
289 ,34 1 ;
810UX C. A N or. D e o s m b e r
3 3 ,1 1 7
2 5 .5 3 9
0 o . H a r e 11 A K. F e b ru a ry .
1,800
1.533
80. Paoitto *Jo.
U a l.I la r .A 8 A D e ce m b e r
529.981 401.510 5 .4 5 2.071
L oa ld 'a . W est D ecem b er
126. >14 105,920; 1,2 3 8,91 1
M orgau'aL & T D e ce m b e r
001.456 031,102 6 ,4 0 4 .3 6 1
31,5721
33 >.007
N .Y .T . A M b x Deccm>>er
29.743
T e x . A N, O r l.. i D ecem b er
167,308 140 9 18 1 ,7 1 3,43 9
A ti. P ro p 'te # . « I)oe*Mnher i 1 ,5 0 3.47 3 1.459.1 23
So. Pao. o f Cal 1D e ce m b e r. 1 ,218,133 1,230, 432
8 o ,P a o .o fA r)r. j D e c e m b e r .! 29 >.373 272 .49 1 3,130,776
So.PaC-ofSf.M :D eeetn ber.
1 5 3 401
130.022 1.591.801
Paoitto sy ste m ;D e ce m b e r 13,169,177 2 .9 9 8,39 2
T o ta l o f all. 6 J a n u a r y ... 4 .7 0 2 .7 8 7 4.367,707 4 .7 0 2,78 7
S ou th ern B y .... Is tw k M 'c b
50J 3 8 0 ' 400,504 4 ,3 0 8,98 0
789
7251
789
8 to n y C l.A C .M L J a n u a r y ...
0 0 ,9 7
5 ,5 1 4;
5 ,101
T e x a s C e n t r a l..; Istw k M 'cb
1,4
2
9,19
9
1
3
4
,7
4
8
,
1 31,805;
T e x a s A Pam lie . 11stw kM ’ ob
0 1,5 03
6 .7 7 9
4,135!
T e x , 8 .V .A N .W , D ecem b er.
2
7
0
/
1
1
22,1 92
31,8 91
T o l.A O b lo C e n t 1Is t w k M 'c b
177.707
19,301!
1 8,8 50
T o l .P . A W e s t ..!I s tw k M 'c b '
3 27 ,42 0
33,8 38
38 157
T ol. S t L . A K .C . iIs t w k M 'c b
1 ,4 5 9,90 0 1,3 0 7.31 9 1,4 5 9,90 0
U nion P ae. R R -. J an u a ry .
6 6 0 .04 3
0 6,3 *8
74,225
U Q .P .D e n ,A O .. I s tw k M ’cb
282.077 2 7 0 .78 9 2 .432.802
W abash........... . I s t w k M 'c b
1 18 .71 0
1
41
,21
0
148, no,
W. J e rs e y A Sea’ e. J a n u a r y ...
1 7 4 .2 7 7
8 4 ,1 4 8
75,998
W .V .C cn .A P ltts F e b r u a r y .
3 78 ,79 2
32,704
21,840
W e s tV a A P ltts .! D e ce m b e r.
5 7 ,2 1 0
58.8 26
57.210
W estern o f A ia .'J a n u a r y ...
5 3 5 ,5 3 0
5 1.0 00
64,700
W e s t N. Y. A Pa. 1st wk M 'ch
29,032
2 7 9 ,0 5 r
31,240:
W heel. A L . E rls 2d wk M ar
7 5 5 ,4 5 5
8 7,9 92
0 0 ,7 1 9
W lsoonsln C e n t Is tw k M 'c b
7 ,0 9 5
8 ,073
7,695
S frtgbtsy.A T en. J a n u a r y ...
5 ,1 4
5,0281
5.146
Turk S o u th e rn , j a r.u a ry ...

5 1 1 ,8 6 0
3 1 9 ,9 9 6
7 ,6 4 8
3 0 4 ,4 9 2
9 3 ,2 4 3
8 7 0 ,2 4 1
3 0 3 ,4 8 3
6 4 ,7 2 3
5 6 ,3 8 5
6 3 8 ,9 4 9
89,8 88
9 6 ,3 1 3
6 > 3 ,20 3
0 0 ,7 5 6
1 .3 4 3 .7 3 8
1 .5 0 5 ,3 8 1
1 5 ,0 0 4
4 3 6 ,2 2 4
4 5 1 ,7 4 0
14,4 47
2 6 9 ,0 4 8
7 8 .9 3 6
3 ,9 8 6 ,0 2 8
11,7 95
18.3 05
2 .3 5 6 ,8 -7
2 7 0 .8 0 0
1 ,0 7 8 ,0 3 4
5 3 7 ,17 7
6 4 4 .1 0 0
111 ,73 4
3 8 3 ,8 1 5
5 7 2 ,3 7 3
2 ,0 8 2 ,5 3 5
4 ,5 8 5 ,4 1 9
2 2 6 ,2 8 2
4 ,8 1 1 ,6 8 1
7 6 ,9 1 6
7 2 0 ,7 8 3
2 6 3 .5 8 3
4 6 2 ,0 7 2
6 ,7 8 7 ,5 2 3
0 0 5 ,7 8 1
1 9 6 .9 3 3
1 ,9 7 8 ,0 2 1
3 7 ,9 0 9
0 7 ,7 3 0
5 0 0 ,5 3 6
3 ,5 0 6 ,3 0 5
1 49 ,40 8
6 2 .3 2 3
1,0 9 3,14 0
4 4 7 .3 6 9
3 ,9 7 8 ,1 7 1
3 2 3 ,0 5 1
6 ,0 8 9 ,0 7 1
1 4 4 .8 0 1
2 5 3 ,1 2 8
1 ,7 2 4 ,4 7 2
1 ,9 1 4,40 1
3 ,0 0 8 ,8 7 3
0 8 0 ,9 4 0
1 ,3 1 4 ,5 9 5
7 ,7 0 0
1 4 1 ,4 3 0
2 3 1 .9 3 3
1 * 9 ,6 8 2
3 7 ,4 4 5
4 2 4 ,6 5 3
1 2 ,3 7 2
5 7 ,2 2 2
3 7 3 .3 7 0
7 0 .3 2 9
5 3 2 .5 8 3
15,397
2 3 8 ,5 6 5
5 6 .2 5 1
12,890
1 ,2 1 3,01 1
1 .0 4 0 .7 3 8
2 0 0 ,3 0 8
1 0 0 ,0 5 9
1 1 0 ,4 7 0
1 30 ,51 4
3 0 9 ,9 0 0
2 7 9 .10 1
4 ,1 7 7 ,0 9 2
8 96 ,58 1
5 ,1 2 7,394
3 1 8 ,7 7 2
1 ,4 4 2,22 9
2,579,351
1 ,3 3 0 ,4 2 3
4 .3 0 7 ,7 0 7
4 ,1 7 1 ,4 7 7
725
5 8 ,6 1 4
1 ,5 0 1 .8 3 6
40,235
2 8 6 .3 4 4
1 7 2 ,1 2 0
3 3 4 .9 4 1
1 ,3 0 7 ,3 1 9
7 0 2 ,2 6 0
2 ,1 0 5 ,3 5 4
1 4 1 ,21 0
1 7 0 ,40 5
3 9 4 ,2 0 9
5 8 ,8 2 6
4 8 3 ,6 4 4
2 7 8 ,4 1 8
8 1 ,0 3 4
8 ,0 7 3
5 ,0 2 0

a I n clu d e s ea rn in g s fro m fe rrie s , e t c ., n o t giv e n s e p a ra te ly , it. I n eludes th e P a cific s y s te m , th e A tla n t ic p ro p e rtie s a n d th e H o u s t o n A
T e x a s C en tra l Bystem.
„ „
,
,
> In clu d e * C h esa p ea k e A O h io 8 0 'w estern , O h io V a lie v a n d C h ica go
and T e x a s fo r b o th years. R esu lts oil Y M >0 B ranou e x c lu d e d in
1 9 9 9 1 m l Inclu ded In 1 898 u n til J u ly 1.

THE

51H

CHRONICLE.

Latest (Jross Earnings by Weeks.—Ttie latest weekly earnngs in the foregoing are separately summed up as follows :
For the first week of March our preliminary statement
covers f 0 roads and shows 1'79 per cent increase in the aggre­
gate over the same week last year.
1st u e e k o f M a rch.
A la b a m a G t. S o u th e rn ..
A n n A r b o r .. . . . . . . . . . . . . . .
A tla n tic .* D a n v ille.........
B alt. A O h io S ou th w est..
Buff. Koch. A Pitta...........
B url. r e d Ran. A N orth.
C an adian P a oiflo.............
C entral o f G e o r g ia ...........
C h a tta n ooga S ou th ern ..
C hesapeake A O h io .........
union* a Easi. Illin ois
Ohio. G reat W estern.......
Ohio. Ind’ pllB A 3t. L. C h ica go MiTw. A St. Paul
Ohio. T erm . T ra n sfer —
C h ica go A W M ich igan..
Gleve. A k ron A C olu m b .
Glev. Oin Ohio, a St. l ..
d e v . L orain A W heel**..
Col. Sandusky A H ook ’g.
D e n v e r A R io G r a n d e ...
D et. Gd. R ap . A W estern
D u lu th So. Shore A Ati
Ev&nsv. a Indianapolis.
E v a n sv . A T erre H aute.
F lin t A Per© M arquette..
Fla. Ceut. A P en lu su la r.
G eorgia ......................
.
G ran d R apids A In d ia n a .
C in cin n a ti R . A F t. W ..
T ra v e rse C it y ................
M ask. G r. Rap. A In d .,
G rand T ru n k .................. >
Cnlo A G rand T r u c k >
D et. Gd. H. A M......... )
Intern a tion a l A G t. N o ..
I o w a C en tra l.....................
K a n a w c a A M ic h ig a n ...
K a n . C ity Ft. S. A M em ..
K an. C ity M em . A B lrm .
K ansas City A O m aha
K an. Olty t’ ittsb . A G u lf
an. C ity Sub. B elt . . . .
ake E rie A W estern
L ou isv ille E va n s. A St. L.
L ou isv. H en d . A St. L . . .
L ou isville A N a s h v ille ...
M exican C en tra l..............
M ex ica n N a tio n a l.............
M inn eapolis A 8t. L ou is.
M inn. St. P. A S . 8 te . M ..
M o. K a n sa s A T**xas........
M o. P aoliio A I r o n M t ....
C entral B ra n oh .............
M. Y . O n tario A W estern
N orfolk A W estern ...........
N orthern A la b a m a ..___
N orthern Paoitlo....... . . .
O hio R iv e r .........................
O regon R R . A N a v ...........
P e o ria D eo. A E v a n s v ..
p jtts b . Bess. A L. E rie.
P ittsb u rg ^ W e s t e r n .,..
RiO G ran d e S o u t h e r n ....
B io G ran d e W estern ___
Bt. J osep h A G d. Island
Bt. L ou Ib A San F ra n .......
Bt. L ouis S outhw estern
S anta F e Pr. A PhcBnix..
Southern Railway . . . ^
T e x a s Central ...............
T exa s A Pacitio .............
T b le d o A O h io C en tra l..
T oled o P eoria A W est’ n .
r o l. 8 t. L. A K an. C ity..
On. P a c. D en . A G u lf....
W abash. ............................
W est. N. Y . A P en n sy lv
W heeling A Lake E r ie ..
W iscon sin C en tral........

f

T otal (8 0 roa d si . . .
N et in crea se ( 1*79 o n

1899.

1893.

$
3 2 ,9 1 4
33,8 73
15,2 25
112,465
74,137
9 8 ,4 3 2
482 ,00 0
123,857
939
210 .19 6
103,323
126.119
5 9,5 44
670,145
21,672
38.549
17,578
251,296
33,688
14,145
152,300
26,5 54
38,011
5,799
22,187
67,1 10
56.4 32
36.127
45.3 30
10,007
844
2 ,4 3 5

*
3 0 .8 8 4
3 0 ,5 -6
1 ..7 7 6
1 3 8 ,0 7 6
6 6 .'8 3
83,901
4 5 4 ,0 0 0
118,450
1,439
223 ,11 9
9 6 .8 3 ’
111 ,02 9
58,3 78
6 3 8 ,w5
21,4 61
39,864
15,^96
264 ,81 8
28,285
17,161
136,500
26.8 30
3 0 ,8 5 9
5 ,869
22,791
64.1 99
56,6 98
40.298
4 2 .4 6 2
9 ,0 6 2
837
2 ,550

4 7 1 ,61 7

445 ,04 8

5 6 ,5 1 2
42,551
6,563
93,591
25,916
4 .7 7 2
73,48'-’ „
10.0 49
61,661
28,667
9,672
4 29 .78 5
2 59 ,31 9
123,028
50,8 59
75.2 89
193 ,67 3
476,00*
19.000
77,151
2 0 9 ,2 3 3
4,252
4 24 ,52 5
17,8 99
138 ,34 2
13,035
17.607
54,321
7 ,6 5 5
41,200
2 8 .4 0 0
1 3 4 ,S90
100 ,60 0
17,9 10
5 0 3 ,36 6
5,104
1 31 ,80 5
22,1 92
18,6 50
33,838
74,2 25
282 ,67 7
64,7 00
2 7,6 44
9 0 .7 1 9

6 8 ,4 9 i
37,430
9 ,600
109,048
3 4,7 60
6 ,3 0 9
6 2.1 5
8.337
65,434
2 7 ,7 2 <
9,113
4 2 3 360
2 40,202
103,829
44.055
65,205
211.56^
4 84 ,00 0
24,0 00
59.049
2 4 1 .3 78
3.859
433,239
14,218
126 ,03 1
15,039
13,56*
58.4 09
7,881
4 0 ,6 0 0
33,431
1 31 ,3 9
1 0 0 .30 0
14,750
4 6 6 ,5 0 1
5,544
134,748
3 1 ,8 9 4
19,304
38,1 57
86.3 98
3 7 0 , -8 9
5 1 ,6 0 0
30,931
87,9 92

8 ,0 2 9,76 6

7 ,8 8 8 ,3 5 4

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

In crea se.
#
2 ,0 6 0
3,337
3,449

D ecrease.
*
...

__

2 6 ,4 il
7,354
14.631
2 8 ,0 0 0
5,4. 2

__
500
12,923

6,486
15,0 90
1,166
31,294
2 41
1,682
___
5.403

___

1 ,3 1 5
. . . . __
13.5 22
3 ,0 1 6

15,8 00
276
7 ,1 5 2
__ ____
.
2.911
2 ,8 6 8
945
7

70
604
___ __
266
4 .1 7 1
.........
65

29,5 69
1 1 ,9 8 1
5 ,1 2
__
11,331
1,212

3 ,0 3 7
2 5 ,4 5 7
8 ,8 4 4
1.537

....

3 ,7 7 0

915
559
6,425
19 11
19,1 99
6.8u4
10,084
___
18,102

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

393
8 ,7 1 4
3.681
12,3 LI
2 ,0 0 4
4,045
4,088
226
600
5,031
3,011
30u
3 ,1 6 0
36,86,1

- -IT,
11,888
13.100

440
2,943
9 ,7 0 2
654
4 .3 1 9
12,173
3,287

2,727
3 75 ,79 4
1 41,412

2 3 4 ,3 8 2

Met tit&ruiugs d o a t til f to Latest Dates.—The follow ing
shows the gross and net earnings to latest dates o f all Steam
railroads furnishing m onthly statements. The compilation
include? every road from w hich we can get returns of this
character and in that form is given once a month. Early re­
turns ar» published from week to week, as soon as issued, but
for the convenience o f our readers all the roads making re­
turns are brought together here in the week in w hich we pub
lish ou? monthly article on net earnings—say on or about the
20th of the month.
street railways we give by themselves
at the extrem e end o f these tabulations

—see pave

522.

— Gross E a rn in g s.----- ■'----- N et R a rn in a s.—
1898-9
1897-8.
1898-9
1897-8
R oads.
$
*
*
*
l l l r o n d a o k a ..........Jan.
16,348
2 1 .4 8 2
7 ,3 7 8
1 2 ,2 9 2
A labam a G t.S ou th .a . Ian.
1.58,036
1 6 5 ,2 7 9
5 3,2 80
5 7 ,4 5 4
J u ly I to Jan. 3 1 . . .
1 ,0 7 8,65 7 1 .0 7 0 ,7 3 7
3 8 2 ,0 0 8
4 1 1 ,5 5 5
A la b a m a M id la n d .b J a n .
66,9 71
7 0 ,1 9 4
d e f. 1,395
1 1 ,4 0 5
J u ly l to Ian. 3 1 . . . .
5 0 1 .4 7 4
4 2 9 .6 7 9
8 9 ,6 6 4
8 2 ,1 8 5
A lleg h en y V a lle y .b .J a n .
2 2 4 ,1 6 4
2 1 2 ,7 6 0
9 1 ,0 7 6
8 5 ,0 1 6
A n n a p . W ash. A B a lt .—
O ot. l to D -o. 4 1 ........
14,2 72
1 4 ,2 2 0
2 .9 0 6
3 ,3 1 1
Jan . I to Deo. 3 1. . . .
6 2 .7 3 3
5 8 ,6 0 3
1 9 ,0 9 8
1 4 ,4 0 0
Ann A rbor, b .......... J a u .
1 2 4 ,2 0 7
1 4 2 ,1 3 5
4 0 .9 5 6
3 9 .8 9 0
A rkansas M id lan d b..J a u .
10,873
10,3 30 d et. 1,034
3 ,9 0 0
3 ,2 2 8 ,3 2 3 2 ,8 6 0 .4 4 9
1 856.763
t4 9 4 ,4 3 5
2 4 ,3 1 5 ,9 5 5 2 3 ,2 8 6 .2 0 9 1 7.2 46 ,0 4 4 t 6 ,7 2 1 ,8 2 3
A tl. K n ox v . A N o___Jan .
27,8 71
2 5 ,4 2 2
3 ,9 7 1
8,787

[V ol. L iV III.
— G ross lea rn in g s .----- ,.------ N et E a rn in g s. - —
1 8 9 8 -9 .
1 8 9 7 -8 .
1 8 9 8 -9 .
1 8 9 7 -8

R oa d s.
A tla n ta A W . P o in t.b . J a n .
J u ly 1 t o J an . 3 1 ___ _
A tla n tic A D a n v’ e .a .D e o .
Jan. 1 to D eo. 31
J u ly 1 to Dec. 31
A u stin A N ortw ’ n b . D ec
Jan . 1 to Dec. 3 1 . . . . .
J u ly 1 t o D ec. 31

5 2 ,6 3 3
5 5 ,5 3 9
2 7 ,4 0 0
3 6 1 ,6 2 1
357 672
1 6 7 ,9 1 5
1 4 ,2 1 0
5 1 ,2 6 9
5 0 ,4 2 4
5 6 1 ,6 1 9
1 3 9 ,8 3 9
5 4 ', I 2 3
6 4 .9 5 3
2 8 1 ,0 6 4
2 8 0 878
1 5,0 94
1 ,8 6 1
1 7 ,9 7 5
1 5 1 .33 6
1 7 8 .0 3 9
14,0 28
9 0 ,4 6 3
2 4 ,3 6 6
9 3 ,7 1 9
. 1 ,7 9 2 ,8 8 1 1 ,9 1 2 ,3 6 1
1 2 0 ,2 5 9
3 ,9 7 1 ,* 4 5 3 ,9 8 2 ,7 9 1
.1 8 .7 1 9 ,3 8 2 1 8 ,0 7 7 ,2 0 0
B alt. A O hio S o u t h b .,N o v ..
6 0 3 ,0 9 6
1 4 1 ,79 2
5 3 4 ,7 6 3
J a n . 1 to N o v . 30. . . . 6 ,4 8 9 ,6 6 3 5 ,8 5 0 ,5 0 9 1 ,7 2 6 ,8 7 0
J u ly 1 t o N o v . 3 0 ....... . 3 ,1 0 2 ,4 1 5 2 ,8 8 2 ,5 3 5
8 7 2 ,7 5 0
B ath A H a m m o n d s ..J a n .
1 ,8 6 4
670
.1 .8 3 3
J u ly 1 to J a n . 31
2 8 ,4 4 0
1 6 ,8 7 2
3 1 ,3 4 9
2 ,2 4 2
B lrm . A A t la n t io .b .N ov.
4 ,1 7 0
5 51
J u ly 1 to N ov, 3 0 .
1 0 ,4 0 9
1 2 ,8 9 /
2 ,2 1 8
B run sw lok A W est. b . J a n .
4 8 ,8 8 4
5 0 .1 0 7
6 ,7 8 6
J u ly 1 t o J a n . 3 1 ........
3 6 9 ,5 5 1
89,2 11
3 6 6 ,9 0 7
B ud. R oom A P itts, b . J a n .
2 9 7 ,9 6 6
2 8 3 .1 9 9
9 4 ,4 2 7
J u ly 1 to J an . 3 1 —
2 ,3 0 3 ,4 4 6 2 ,1 8 3 ,0 5 4
8 0 0 ,4 0 7
B uffalo A S u sq u e h .a . J a n .
5 3 ,6 0 8
4 0 ,4 6 6
2 0 ,4 9 0
J u ly 1 to j a u . 3 1 . . . . .
4 6 s ,4 3 3
3 9 7 ,3 5 5
1 4 5 .3 1 7
3 5 3 ,4 7 1
Burl. C ed .R . A N o .a .J a n .
3 0 3 ,3 3 0
1 08 ,89 1
C an adian P a o iflo .a .. J a n . 1 ,8 6 4 .5 7 0 1 ,6 7 2 ,3 7 2
6 1 7 ,5 3 4
5 ,4 3 5
1 ,2 7 2
C a ro lin a M id la n d ...N o v .
5 ,8 8 9
J a n . 1 t o N o v . 3 0 ___
5 4 .5 2 6
1 7 ,3 1 5
5 9,9 78
5
0
9
,2
1
4
5
2
2
.6
9
9
1
5
4
,6 0 1
C ent, o f G e o r g ia .a .J a n
J u ly 1 t o ’ an. 3 1 N— 3 ,6 6 2 ,9 1 7 3 ,5 6 5 ,7 1 3 1 ,3 1 6 ,7 0 7
1 6 ,0 8 0
5 1 ,5 4 3
4 7 ,2 8 8
C en tra l N e w E n g ----- Tan.
3 9 0 ,3 1 6
4 2 4 ,2 6 4
1 3 0 ,0 9 1
J u ly 1 to Jan. 3 1 . . . . .
C ent, o f N. J e r s e y .a .J a n . 1 ,0 9 2 ,5 6 3 1 ,0 5 5 ,6 9 9
4 0 9 ,8 4 8
C entral P aoitlo. b .......D eo. 1 ,2 6 3 ,2 9 2 1 ,1 4 1 ,9 5 1
3 8 4 ,6 3 7
C har. A S ava n n a h , b .J a n .
5 7 .1 3 9
6 8 .7 9 1
7 ,4 8 6
2 1 ,1 5 2
3 1 9 ,4 1 2
J u ly 1 to J a n . 3 1 . . .
3 3 1 ,2 1 9
5 ,6 8 9
5 ,4 3 0
O hattan’ g a S o u th .a D e c
d e f.7 1 4
6 9 ,1 0 1
7 3 ,0 7 7 d e f .7 ,1 4 3
Jan . 1 to D eo. 31
9 2 4 ,4 1 0
2 8 1 .7 1 6
9 5 4 ,3 5 3
Ohes. & O h io a ....... J an .
7 ,1 8 3 ,1 1 0 7 ,0 0 2 ,1 1 9 2 ,4 5 8 ,3 9 6
3 ,1 9 3 ,4 5 2 3 ,0 4 4 ,4 5 6
9 8 6 ,3 8 5
2 6 ,5 0 5 ,6 4 6 2 5 ,9 9 2 ,8 6 7 1 0 ,8 5 0 ,0 8 7
3 5 6 ,4 7 4
C h ica go A E a st 111. b J a n .
1 3 9 ,6 7 5
3 9 8 ,2 3 4
2 ,7 6 2 .2 1 9 2 ,5 7 8 ,7 8 9 1 ,2 9 9 ,8 7 8
J u ly L to J an . 3 1 .
4
4
8
,4
4
5
3
6
9
.2
3
6
1 3 1 ,6 5 3
C h ica go G t. W e st’ n ..J a n .
J u ly 1 to J a n . 3 1 .. . 3 ,4 2 0 ,3 9 1 3.18-».322 1 ,1 6 9 ,3 0 1
2 4 4 ,1 0 0
2 2 5 ,3 5 8
4 8 ,6 3 4
Chic. In d . A L o u ia .a . Jan
6 3 7 ,2 7 3
J u ly 1 to J a n . 3 1 ........ 2 ,0 2 7 ,3 9 8 2 ,0 0 8 ,7 2 0
Ohio. M. A St. P . a . . J a n . 2 ,9 5 0 ,4 1 0 2 ,3 6 1 .2 9 7 1 ,0 0 8 .1 6 2
J u ly 1 to J a n . 31 ...2 3 ,2 8 0 ,7 5 8 2 0 ,7 9 1 ,5 7 7 9 ,5 1 5 ,4 0 3

2 7 ,8 8 8
1 6 3 ,5 9 0
1 5 ,8 1 0
1 4 6 .2 1 3
8 0 ,8 8 8
5 ,9 9 7
4 2 ,6 7 7
2 5 ,6 9 2
4 0 8 ,7 5 9
9 2 1 ,2 3 9
1 5 3 ,1 9 5
1 ,7 8 9 .2 2 1
9 3 1 ,9 3 0
500
1 9 ,3 3 8
2 ,0 3 9
4 ,1 5 3
1 3 ,1 2 3
125 ,97 8
1 0 2 ,3 6 9
7 9 5 ,5 6 0
7 ,1 0 0
1 7 4 ,0 9 0
1 1 1 ,6 6 0
5 1 5 ,6 2 8
1 ,2 0 5
1 9 ,1 2 3
1 7 1 ,3 2 5
1 ,3 7 0 .4 5 4
5 .3 3 8
1 4 1 ,2 5 8
4 0 9 ,2 9 0
3 9 8 ,4 3 4
2 7 ,4 8 6
3 7 ,8 7 4
d e f.1 ,0 2 4
1 ,4 5 5
3 1 5 ,8 0 9
2 ,3 4 8 ,8 2 5
1 ,0 5 4 ,6 1 1
1 0 ,7 4 0 ,5 3 1
1 4 5 ,4 3 8
1 ,1 5 8 ,0 6 4
8 1 ,0 6 8
9 9 2 ,5 3 1
4 0 ,4 3 6
5 9 7 ,2 2 8
7 5 6 ,5 3 0
8 ,2 8 9 ,6 1 6

4 8 2 ,7 7 3
Ohio. R. I s l.A P a o .a . J a n .d l,5 3 9 ,8 4 7 d l , 4 3 5 ,0 3 7
5 0 3 ,0 8 1
A p r. 1 to Jan . 3 1 .. . d l 8 , 2 1 2 ,9 9 4 d 1 66 9 0 90 6 6 ,5 3 7 ,3 4 5 6 ,0 6 6 ,2 6 8
6 0 ,8 4 1
O h io .T e r m .T r a u s f.b .J a n .
9 3 ,1 8 1
5 7 ,4 9 0
4 2 6 .2 5 9
4 3 3 ,0 9 6
J u ly 1 t o J a n . 31 . . .
6 9 7 ,0 4 6
9 ,7 5 8
1 7 ,6 9 5
O hio. A W est M ic h ..J a u .
1 5 3 ,4 5 4
6 1 .9 0 0
7 6 .0 5 7
O n oetaw O kl. A G .b .J a n .
1 9 5 .3 1 6
2 7 6 ,4LO
1 9 9 ,9 0 8
N o v . 1 to Jan . 3 1 . . .
6 2 6 ,4 0 8
1 0 1 ,1 5 9
1 0 2 ,84 7
O ln.N .O .A T e x . P .a .J a n .
3 5 6 ,7 1 s*
9 7 2 ,5 0 6
7 5 4 ,3 2 6
J u ly 1 t o J a n . 31 . . . 2 ,8 2 7 ,4 6 7
993
2 ,3 4 8 i
Cin. P o rts. A V a b . . J a n .
2 0 ,0 8 0
3 2 ,5 6 0
4 2 ,4 5 3
J u ly 1 to Jan. 31 . . .
1 7 4 ,6 2 3
2
,5
75
6
,i
26
O ie v e . C a n to n A S o ..J a n .
5 2 ,1 6 6
90,3(J9
6 1 ,9 3 4
J u l y i to J a n . 3 1 . . , .
4 2 9 ,0 7 3
2 7 2 ,8 7 2
2 4 7 ,4 7 8
C lev.O ln .C .A St. L .a ..J a n . 1 ,0 4 1 ,8 3 2
2 ,5 1 1 ,6 4 2 1 ,9 7 0 ,2 5 8
J u ly 1 t o J a u . 31 . . . 8 ,8 2 5 ,0 8 1
3 7 ,7 1 0
3 2 .2 6 6
P e o ria A E a s t’ n a . J a n .
1 4 5 ,0 5 5
2 8 1 ,0 8 8
2 6 0 ,2 2 4
J u ly l t o J a n . 3 l . . . 1,1.24,281
5 0 ,1 2 9
4 2 ,9 4 4
C le v .L o r. A W h e e l.a .N o v .
1 3 8 ,8 3 4
3 6 4 ,5 1 0
3 8 0 ,2 6 5
J an . 1 to N ov. 3 0 . . . . 1 .3 8 1 ,7 0 6
io l,7 8 6
1 8 5 .8 0 3
J u ly 1 to N o v . 3 0 . . . .
6 5 9 ,7 1 6
4 3 ,2 2 2
2 6 ,6 8 0
C o lo r a d o M id la n d . D e c .
1 4 3 ,3 5 0
4 i 1,810
2 9 3 ,H 3
J an . I to D e c . 31 . . . 1 ,6 4 4,99 5
2 3 2 ,4 4 1
1 8 1 ,2 6 1
J u ly 1 to D eo. 3 1 . . . .
8 7 5 ,7 7 9
3 ,3 5 7
90
O ol.Sand. A H o^k’ g -.J a n .
7 3 ,2 3 3
9 0 ,1 4 7
5 6 ,1 2 0
J u l y l to J a n . 3 1 . . .
5 2 7 ,2 9 3
715
591
O r y s ta l.........................J a n ,
1,285
1 3 ,7 3 2
1 4 ,6 0 4
C u m berla n d V a l .b .- J a n .
6 0 ,0 0 8
2 3 9 .2 6 2
2 6 0 ,7 4 3
D en. A R G r a n d e .b ..J a n .
7 2 7 ,7 5 7
2 ,3 0 4 .7 5 4 2 ,0 2 5 ,9 0 7
J u ly 1 to J a n . 3 1 . . . . 5 ,6 0 J .6 J 6
1 1 ,7 9 0
1
9
,2
4
3
Das M oines N o .A W .b N o v .
4 1 ,5 9 3
6 ,2 6 0
1 1 ,0 2 3
Det. G . R ap . A W est. Tan.
1 14 ,46 2
1 6 ,4 9 5
1 6 873
D etroit A M ack’ o . a J a n .
4 7 ,5 5 9
6 2 ,9 0 2
6 6 ,4 9 3
J u ly 1 t o J an . 31 . . .
2 8 8 ,2 2 7
4 5 ,4 6 0
6 3 ,6 9 8
E lg in J o lie t A E ,.a ..J a n .
1 4 2 ,2 1 4
2
3 9 ,3 0 1
3
9
1
,3
5
9
J u ly 1 to J an . 3 1 ........
9 5 4 ,5 2 8
3
7
0 ,9 1 7
3
9
4
,5
3
7
E r i e .a .......................... J a n . 2 ,4 8 9 ,8 3 5
5 ,3 8 5 ,8 6 0 5 ,4 8 6 ,5 8 2
4 ,4 5 5
3 ,4 8 6
E u re k a S p r in g s .........J a n .
138 .34 5
1 1 9 ,21 8
E y a n s .& T . H . S y s ...J a n .
7 ,1 9 2
7 ,1 6 7
F indlay F t.W .& W.b D eo.
7 0 ,4 8 9
5 8 ,8 1 4
A p ril 1 t o D eo. 3 l . —
2 7 5 .4 5 4
2 4 7 .2 3 0
F ilm * P e re M a rq .a .N o v .
J a n . 1 to N ov. 3 0 . . . 2 ,7 5 1 .9 54 2 ,5 3 2 ,7 8 3
1 5 6 ,2 >3
148, L38
Ft. W. & D en . C it y .b D eo.
J a n . 1 t o D ec. 3 L ... . 1,4 7 9,41 5 1 ,3 1 9 ,8 3 1
5 5 ,2 8 4
58 375
Ft. W orth A R io G r .D e o .
4 2 2 ,8 2 9
5 5 1 ,7 3 3
J an . 1 t o D ec. 3 1 . —
3 2 1 ,7 3 2
2 8 2 ,1 7 9
J u ly 1 to Deo. i 1 —
566
581
G a d s d e n A A tt. U n..F eb.
1 ,245
1 ,2 6 9
J an . 1 to F eb . 2 8 .......
1 4 4 ,0 4 3
1 3 1 ,5 4 4
G e o r g ia .a ----- . . . . . . . J a n .
9 9 0 ,4 8 0 1 ,0 2 6 ,9 1 4
J u ly 1 to J an . 3 1 ----109,428
G e o rg ia A A la b ’a .a .J a n .
1 0 3 ,7 6 5
7 4 2 ,41 1
7 9 1 ,5 7 4
J u ly l to J an . 3 1 ----8 3 ,7 3 2
Gd*. S outh. A F la .a ..J a n .
7 6 ,2 0 0
5
51 ,14 1
5 6 2 ,7 6 3
J u ly i to Jan . 31 —
1
9 3 ,0 1 3
2 2 1 ,2 5 4
G d . R a p id s A I n d .a .J a n .
Gr. T ru n k o f C an ada. Ia n . 1 ,5 3 4 ,9 2 6 1 ,5 5 0 ,9 8 6
J u ly 1 t o J a n . 3 1 ___ 1 1 ,9 5 1 ,8 8 3 1 2 ,4 8 6 ,9 7 1

2 ,2 5 2
5 8 ,1 7 0
d e f.5 9
1 3 ,8 7 8
7 5 ,1 0 3
7 1 9 ,6 0 5
2 8 ,4 4 9
141.SL0
2 9 ,7 7 2
2 0 0 ,9 0 8
1 8 3 ,0 0 9
126
379
g 46.2* 2
g 3 1 1 ,9 2 2
15,950
2 1 9 ,1 0 7
2 0 ,0 7 4
1 69 ,17 3
6 0 ,5 4 4
428,261
3 ,8 9 5 ,7 1 4

1 ,4 5 4
3 5 ,4 5 5
464
d e f.4 ,0 3 6
7 2 ,8 2 1
6 7 3 ,5 0 a
7 9 , '3 .
4 5 1 .9 9 7
2 7 ,7 3 4
1 * 9 ,7 4 6
1 3 7 ,8 1 7
178
419
K 3 9 ,6 0 7
g 2 9 7 ,2 6 0
2 8 ,8 0 5
2 4 1 ,9 9 6
3 3 .1 4 1
1 9 3 ,3 6 3
4 8 ,2 0 5
4 2 5 ,3 4 1
4 ,3 7 8 ,7 0 9

THE

March 18, 1899.1
- g r o s s E a rn in g s.----- .

1898-9.
G d . T ru n k o f C an ad a (C on tin u ed ).
3 5 0 ,3 9 5
Ohio. A U r. T ru nk.. Jan.
7 1 ,0 5 2
D e t. G r. H. A M U .. J a n .
G a ll B eau m ’ t A K . C.—
1
8 0 ,1 4 6
J a a , 1 to D ee. 3 1 .—.
8.4.42
G o lf A C h ic a g o .b ..D e o .
6 1 ,8 1 9
J a n . 1 to D eo. 3 1 . . . .
1 ,1 3 7
Hoo&ao T un . A W 11.. D eo.
5 1 ,5 0 7
Jan . 1 to D f e. 3 1 ----1
50
,16 7
H ouat. A T e x . C en t..D e o .
J u ly 1 to D e c . 3 1 . . „ 2 ,3 6 9 ,2 4 8
lilln o la C e n tra * .a ;. J a n . 2 .4 2 3 ,7 9 2
J u ly 1 to J a n . 3 1 —. . 1 6 .8 2 3 ,5 4 7
7 7,5 95
m itana III. A Io w a b .J a n .
4 7 0 ,0 5 1
J u ly 1 to J an . 3 1 . . —
I o w a C e n t r a l.b ........D ee.
1 89 ,21 1
J a n . 1 t o D eo, 3 1 ___ 2 ,0 1 5 ,3 7 5
J u ly 1 to D eo. 3 1 ___ 1 .1 1 6 .5 7 5
4 .0 5 7
I r o n R a ilw a y .b ......... Jan .
J o l y 1 t o J an . 3 1 . ..
2 8 ,5 7 5
3 3 ,6 6 3
Jack. T ain . A K .W .b Dec.
3 5 9 ,0 1 7
J a r . 1 to Dec. 3 1 . . . .
A p r. 1 to D ec. 3 1 . . . .
2 0 3 .0 7 3
5 3 ,4 2 0
Kanaw ha A M te h ,b .J a n ,
J u ly 1 to Jan . 3 1 ___
3 6 8 ,1 1 0
3 8 0 .8 7 6
K an. 0 . F t. 8. A M .s , J an .
2 ,8 2 7 .0 3 9
J u ly 1 t o Jan . 31 —
1 31.337
K a n . C. M em .A B .a .J a n .
8 3 9 .7 1 2
J u ly i to Tan. 3 1 . . . .
1 9 .2 9 1
K . C. A Sub. B e l t .. .. N o t ,
4 9 ,1 4 5
K eok u k A West, b h . Dee.
5 7 7 ,8 3 1
J a n . 1 to D ee. 3 1 . . —
3 03,131
L a k e E rie A W w t b . D e f l .
J s n . 1 to D eo. 3 1 . . . . 3 ,1 0 7 .3 7 8
L eh igh V a lley R R ... J a n . 1 ,5 6 8,88 3
D eo 1 to J a n 3 1 ___ 3 ,3 5 9 .8 5 7
Lehigh V al. C o a l C o. ta n . 1 ,0 2 2 .5 8 2
Dee. 1 to Jan . 3 1 —— 3 ,3 9 3 ,3 9 1
1 5 ,0 8 9
Lexington A Ka*t.b Jan .
2 3 6 .47 9
L o n g (sta n d R R b ... J a o .
J u ly 1 to J a n . 3 1 . . — 2 ,9 5 1,308
243,551
Lon if f i l 'd R R 8 y r b J a n .

CHRONICLE

— N et E a r n in g s .- - -

1897-8.

1898-9.

1897-8.

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

7 1 ,1 5 9
1 0 ,2 2 0

6 3 ,7 5 2
8 ,7 6 0

8 1 ,6 3 5
1 3 3 ,1 8 6
7 ,3 6 7
4 .5 6 3
5 2 ,4 1 6
2 0 ,6 2 1
3 ,3 0 9
1 .2 1 5
5 1 ,0 1 9
1 9 ,7 8 1
3 0 7 ,6 0 6
2 2 2 ,8 0 9
1 ,8 8 7 ,1 8 0 1 ,1 8 7 ,2 2 2
2 ,2 7 6/7 20
9 1 1 ,0 4 9
1 0 .3 6 4 ,0 2 1 5 ,3 5 1 ,* 7 2
7 6 ,3 7 5
2 8 ,8 2 0
1 6 9 ,1 2 9
1 1 1 ,7 8 8
104 ,52 1
6 5 .7 0 8
1 ,732,743
5 7 5 ,7 7 0
9 * 0 ,7 2 1
3 1 9 .1 5 2
3 ,4 9 8 d e f. 2 ,7 2 3
2 5 .0 3 2
4 .4 6 5
3 0 ,6 3 7
7 .2 4 9
5 7.5 85
3 0 4 ,4 9 2
2 1 6 ,9 6 0
3 9 .1 7 7
1 6 ,0 9 1
1 1 .3 )5
3 3 7 ,f 63
1 1 6 ,8 3 6
4 0 1 ,6 9 9
1 1 1 .1 5 4
3 ,0 4 7 ,6 2 1
8812537
1 39 .40 5
4 5 .1 8 6
7 7 1 .6 7 7
2 3 2 .2 3 5
3 8 .6 9 0
17,7 58
4 6 .2 5 8
10.9 54
5 8 0 ,7 0 6
1 1 7 .9 1 0
3 1 3 ,3 9 9
110*11
3 ,1 3 9 ,3 9 7 1 ,4 6 4,69 3
1 7 5 ,85 6
1,'113,738
2 ,8 8 2 ,9 5 1
5 6 0 .9 ^ 9
1.50,5.381
4 f.3 7 .9 7 6
2 ,9 2 5 .2 9 1 d f .l 2 1 .* 1 8
1 5 ,6 0 1
1.781
3 3 7 ,1 9 1
355
2 ,7 3 3 ,1 1 2
9 7 9 ,1 3 9
rlef. 0 .1 5 6
2 4 6 ,4 7 2

6 3 ,0 3
4 994
14,801
1 .1 1 8
2 5 ,1 7 0
1 2 1 ,5 2 3
7 8 9 .9 5 9
7 6 3 .5 1 6
5 ,3 8 3 ,8 0 6
3 0 ,2 0 7
1 1 6 ,7 4 2
5 5 ,7 0 5
5 0 3 .4 0 3
3 18 .21 3
1,171
7 ,8 8 1
5,951
3 1 ,4 2 7
17,637
11,403

■2.993.445 1,071.712
J u ly 1 to Ja n . 31___ 3 ,2 2 !,H H
35.962
Louis. H eo.A I t L b J t n ,
41.780
12.098
87.950
326.980
J u ly 1 to Jan , 31___
299.190
to ulsv. I S u t v Ii .Jan 1,928,087 1,807.63 1
591,316
Ju ly 1 to Ja a 31....13,811,485 12,331,193 1,761,183
132
Maeon A B in n in g .. J a a .
6,371
5.891
J u ly 1 to J a a 3 1 ....
10,158
41,382 det. 913
MunlsUtiUe....... . . . . . J a n ,
8,879
10,6 40 def. 5,299
M -i'c a n C e n t ra l....J a n . 1,282,560 1,097.022
415.815
193,099
M ax. International..Jan.
381.317
270,300
Mexican N a tio n a l... Ja n .
573,910 510.750 e231,657
27.574
Mexican Northern N o t .
53,033
39,036
IJan. 1 to Nov, 30 . . .
518.377
537,177
296358
112.697
U U ly 1 to N o t . 30 . . .
289,017
229,963
17,938
Midland T e rm in a l.b .Ja n .
12.111
33,828
121.111
J u ly 1 to Ja n . 3 1 ......
267.887
253.959
61,627
Minn. A St. L o n l* .* .Ja a .
172,781
1*8,512
J u ly 1 to Jan. 31 . . . 1.113.673 1,390,118
611.550
M.
8 t .P .A B .8 M . - J a n .
227,271 263,083 s r . e i g
J u ly 1 to Ja n 3 1 ..., 2,863.932 2,509,395 1,163,669
321.511
Mo. Kansas A T i-x .a J a n . 1.007,538 1,021,192
J u ly 1 to J a n 3 1 .... 7,853,023 8.068,905 2.979.072
Mobile A B irm ’rn m Ja n .
31.216
13.033
10.356
50.129
J u ly 1 to Jan . 3 1 ....
211,910
22t/*95
23,731
MontereyA M e x-G 'f Dec.
111,911
131.093
Nash < h. A 8t. L. b .J a n ,
515,033
182,072
116.130
J u ly 1 to Jan . 31 . . . 3,713,525 3,372,901 1,311.319
179
Nevada C e n t ra l..... . Doe.
2.306
3.131
1.153
Ju ly 1 to Dec. 3 1 .....
17,531
23,558
100,138
N . Y . O nt. A Went.a .Ja n
322,371
287,787
J o lT 1 to Ja n . 3 1 .... 2.168,019 2,170.368
767,598
90.118
N . Y. 8ns. A W est.*.. Jan .
200,301
196,933
725.313
J u ly 1 to Ja n . 3 1 .___1.157,738 1,155.097
301,015
Norfolk A Weet'n a .J a n .
961.666
915.717
J u ly 1 to Jan . 8 1 .... 6.902.171 0,637.901 2.377,353
Northern*tern of G a..D «0.
7,817
7.711
751
9,571
Ja n . 1 to Deo. 3 1 ....
73,157
87,7.10
10.131
J u ly 1 to Deo, 3 1 ....
10.676
39,851
No. Alabama R v ... J a n .
20,108
16.603
9,678
J u ly I to Jan . 3 1 ....
112.112
115.772
56.650
1*8.929
Northern C e n tra l.b .J »n.
553.836
506.536
731,779
Northern Pacific b .J a n . 1.572.266 1,110.049
J u ly 1 to Jaa, 31....16.359.310 11.815,7U 9,305,350
Ohio R ive r.b ............ J a n .
71,311
71.176
20,923
175.250
Oregon R R. A N a y .. Tan.
181.918
169,196
J u ly 1 to Jan 3 1 .... 4,313J 1 3 1.111,185 1,810.699
Paelflo Coaat Company -See Miscellaneous Companies.
Pennsylvania—
Line* directly operated—
East of Pltts.A E .J a n . 5,,312,171 5,,089,071
West, of Pltte.A E .J a n
Xno. 232,1600
92,650
Peoria Deo. A Ev. b . Deo.
89.990
901,623
Jan . 1 to Deo. 31. . . .
916,671
16.778
Petersburg. b ....... ..Sept.
40,510
489.015
132.235
Jan. 1 to S e p t 3 • . . .
145,079
120,523
J u ly l to 3ept- 30 . ..
276,135
Phila. A Erie b ....... Ja n .
253,128
Phila. A Rea.liny b .Ja n 1, 884,051 1,,72 4.172
J n ly 1 to Ja n . 31 ...13 , 859,111 13,,610,630
Coal A Iron T o .b Ja n . 2, 17 331 1,911.101
J u ly 1 to Ja n . 3 t ...1 * .,591,727 15, 3*7,283
To ta l both Co’s. b .J a n . 1, 137,005 3,,668,873
J u ly 1 to Ja n I I . __ 28, 452.808 28 .937.919
Reading n o m o 'y a .Ja o .
Ju ly 1 to Ja n . 31___
To ta l all Oomp's.b fan.
Ju ly l to Jan, 3 1 ....

98.836
1 0 7 ,68 7
9 1 1 .9 6 9
1 7 .8 5 0
2 2 1 .5 0 0
17.076
5 ,6 9 5
1 4 0 ,2 9 i
1 53 ,17 8
1 .4 6 3,28 2
3 0 1 .0 8 0
70X 162
d f. 17,021
d f.9 0 ,,4 6
5 ,0 2 2
12.151
0 3 0 ,0 x 2
8 ,1 6 0

1,010,075
3.553
77.991
627.' 0.3
1,138.291
23
d*f.8.8->2
def.3,287
279,288
95,389
0239.311
20,739
309,657
137,480
15,182
107,515
52,092
574.887
87,9*3
1.189,877
2 72 ,2 '9
3,021,55*
19.185
51,953
59.10*
118,211
1,207,616
702
5,103
74.435
775,910
79,698
651,606
282,531
2,166,818
3,903
22.892
16,110
5,7*7
10.621
101,228
716,432
8,200,670
16,628
137,161
1,932,892

1,102,697 1.152,797
Ino.
109,200
36,5.58
38,316
168,579
108.671
20.279
23.856
208,940
258,57*
5 *,880
71,010
8,404
10.588
720,959
716,615
5,071,773 6,210,720
191,027 det 5*,901
703,217
99X 364
9 U .2 7 2
088.055
6,970.137 7,013.9*7
30.290
14,862
119,099
211,575
928,134
698,315
7,089,236 7,258.512

617

--— gross Earnings. — .
N et E a rn in g s .——<
189S-9.
1897-8
189S-9,
1897-8.
.f
S
Phila. W lln i.A B a lt.b .Ja u .
730.840
680,910
172,983
121,283
N o t . 1 to Ja n . 31___ 2,396,002 2.179,702
672,383
517,882
Pitta. C. C. A 8 t.L — Ja n . 1,427.000 1,314,595
409,580
378,333
3,137
4,202
Pitts Lisb. A W e s t..Ja n .
533
692
Pittsburg A W est'nb.Jan.
213,046
188.393
52,378
48,505
J n ly 1 to Ja n . 31------ 1,903,127 1,849,540
539,602
550,140
76.676
82,372
Pitts. Youngs. & A ..J a n .
13,855
15,370
57,222
Slob. Fred. & P o t___Jan.
62,526
28,321
24,577
478.612
J u ly l to Ja a , 31 —
382,860
177,606
154,494
23,239
26,827
Stoh. A Petersburg. Sept.
8,930
11,120
293.173
250.751
Jan. 1 to S pt 3 0 ....
103.347
88,870
39,319
78.232
Ju ly 1 to Sept 3 0 ___
32.988
25,649
32.102
Rio Grande Ju n ot. — Dec.
33,707
f 9,631
f 10,112
386,373
Jan . 1 to Dec. 31 . . .
373,370 { 115,9.0 f 112.007
GrandeBoutta.b. Ja n .
38,198
38,430
18.714
21,122
J u ly 1 to Ja n . 3 1 ..—
3 0 3 .S U
250,928
149.537
107,511
236,314
Rio Grande W e s t.b ..Ja n .
231,583
85.840
72,309
1,963,090 2.031,313
J u ly 1 to Ja n . 31 —
731,690
705,652
104,214
95,105
Bt, Joa. A Gd. Isl. a . .Ja n .
17,682
30,470
757.048
754,746
Ju ly 1 to Jan , 31 —
177,9^3
285.855
583,174
524,813
8t, Loula A Ban F r ....J a m
21*2,839
212,018
J u ly 1 to Ja n . 3 1 ..— 4,289,551 4,134.559 1,747.283 1,822,710
499,627
478,580
St. Louis Southwest..Jan.
168,000
125,575
Ju ly 1 to Ja n . 31....... 3,739,237 3,351,350 1,100,2*2
952,119
St. Paul A D u lu th .a —
J u ly 1 to Jan. 3 l ___ 1,116,937 1/59.291
363,501
291,281
338,495
160,659
Bam A n t.A A ra n .P .b Ja n .
11,301
37,127
J u ly 1 to Ja n 3 1 . . . . 1,381.445 1,309,610
186,110
442,309
57,144
58.139
12,262
Ban F r A N Pao a .Ja n .
10,810
565.037
529,170
J u ly 1 fo J a n 3 1 .— .
233,207
221,361
Santa Pe Prea. A Pin. Ja n .
75.231
55.061
31.121
24,893
Ju ly 1 to Jan. 3 1 .,.—
506 901
122,309
213,050
215,210
310.053
flav. Fla. A vVest.b.Jan,
309.900
48,850
76,170
Ju ly 1 to Ja n . 31 . . . 2,36'2,508 2,011,558
565,520
511,185
24,785
13,232
8 U t . i 'p . O e a l a A G . b Ja n .
14,155
2,355
95.281
103,893
161,191
Ju ly 1 to Jan . ^1 . . .
12,393
25,539
33,117
10,538
Sioux City A North . Deo.
12,795
289,381
Ja n . l to Deo. 31 . . .
279,161
90,175
66,013
2.351
138
8 iutb Haven A E, b Deo.
1,658
97
a a l.H a r .A 8 » i A b Deo.
520,931
*06,510
180,923
181,316
Ja n . t to Deo, 3 1 ..., 5,152,071 4.477.(92 1,508.790 1,208,057
917,521
Ju ly 1 to Deo. 3 1 .... 2,817.615 2,326,240
815,811
Louisiana West, b . Deo. 126,511
105,920
31,645
•'5,933
-tan. 1 to Dec. 31 . . . l,2 3 8 ,» t l
584.202
890,581
380.135
J u l r 1 to Deo. 3 1 ....
63 7.598
117,697
131,150
296,163
W'gun‘*LA.ATex.b.Deo
003,-150
681,102
■231,150
299,913
Ja n . I to Deo. 3 1 .... 6 40* 301 6 . 1 2 7 .3 9 1 9,363,027 1,32 *,790
.....................
Ju ly 1 to Deo, 3 1 . . . .. 3,105,543 а ,
720,307
1,311,998 .....................
31,572
N. Y Te x . A M b
Deo.
29,713
17,701
11,438
348,772
J<in. I t o 0 e o . 3 l .......
335.6U7
156,096
175,892
95,696
J u ly l to Deo. 3 1 .....
185.221
127,631
212,068
Texas A N . O rl b .Deo.
107.303
80 210
110.953
55,973
X Ja n . 1 to Deo. 3 1 .— . 1,713,439 1,112,229
673,909
52 4.13 3
0x9,070
ft J u ly 1 to. Dee 3 ! . . . .
922,281
116,792
270,187
Atla ntlo PPp’t’s.bSDoo. 1,663,*73 1,169,123
628,397
018,283
J u ly 1 to Dei-. 3 4....... 8,229,926 б, 506.816 8,119.306 2,151,604
300.070
Bo. Pac. of Cal b .Deo. 1,218,1<8 1.230,132
491.395
J u ly 1 to Deo, 31....... 7,396,989 7,590.503 2,717,515 3,614,196
272.491
So. Pan. 01 A rix .b .Deo.
290,373
126,799
111,189
J u ly 1 to Deo, 31. . . . 1,113,258 1,3*5,515
174,911
507.395
130,622
8o. Pao. of N. W b Deo.
153.461
77,326
08,827
018,632
359,361
Ju ly 1 to Dec. 8 1 . . . ..
715.287
322,655
967,991 1,157,789
PaoMe System b. , Deo. 3,109,177 3.998.392
J u ly l to Deo. 31 . . . 19,838.125 19,806.365 7,111,209 8,970.021
To ta l of a ll.b .t ...J a n . 4,702,787 1.367,7 7 1,350,109 1,190,595
Ju ly 1 to Jan. 31....3 5.138,06 8 32,838,221 13.221.881 13,512,519
S outhern R a l l w 'y .a J a n . 2 ,0 3 5 ,8 5 0 1 ,8 5 2 ,0 3 0
593,115
053.558
J u ly I t o J a n . 3 1
1 1 ,9 7 7 .2 1 1 1 3 ,2 0 1 ,0 1 2 5,031.072 1,350,138
725
789
def.290
S ton y 0 1 .A C . M , , b J a n .
def. 048
28.9*6
25,909
14.804
8,701
J u ly 1 to J a n . 3 1 .—
13.570
43,310
21,714
26,010
C rxas C e n tra l.a — .D e e .
344,530
188,937
394,118
133,437
J an . I t o D e c 3 1 —
138,5(9
147 712
30,480
43,201
T o le d o A O. C e a t -b -J a n .
322.329
347,585
J u ly 1 to J a n . 31 . . . l.t3 6 .9 7 9 1,064.141
78.281
77.124
23.827
23 482
T jA P e o r ia A W est b . F o b .
159.147
152,8! 0
48.945
Ia n . 1 to F o b 2 8 ----45.095
673,299
076.947
191.801
191,083
J u ly l to Feb. 28 . . .
186,000
174,410
54,403
24,891
T ot. 8 t. L. A K . C ....D e o .
390,531
3*5,568
Jan . I to Deo 3 1 . . . . 2,258,059 2,241,810
254,447
175,872
J n ly 1 t o Deo. 3 1. . . . 1.2*9.570 1,20 >.486
1.459,900
1.307,319
440,430
595.659
U nion Pao. R y . a ___J a n .
4,159,728
J u ly l to J an . 8 1 —.112,063,949 11.320.324 5.50 M U
319,175
309. U 4
138,631
11.5 89*
Un. P. D. A O o l f . b D eo.
Jan . 1 to D e o 3 1 . . . 3,7 *0,004 3.554 577 1,302.905 1,050,775
1,138,498
213,029
202,906
9*1.752
W sbanb b „ . . . . . ___ J a n .
J u ly 1 to J an . 3 1 . . . 8,637.609 7,755,225 2.227,858 2,430,315
148,710
141,210
12,304
12,601
W. J ersey A S e a s 'e .b -J a n .
57.210
88,826
24,273
11.120
W est o f A labam a. b J a u .
402,251
359,2*9
172,032
129,079
J n l y l to J an . 31. . . .
75.999
20,011
24,509
84,148
W est-Va. C .A P lttsb F eb .
55,342
52,300
174.277
170,105
J an . 1 to F e b . 2 * —, .
240.439
231.035
751,038
755,491
J u ly 1 to F eb . 2 8 ........
18.054
24.848
6.423
32.708
W. V s . A P l t t s b 'g . b .D e c ,
378,792
391.209
151,795
181,927
J an . I t o D eo. 3 1 . . . .
83,741
104,918
208,857
196,559
J u ly 1 to Deo. 31 . . . .
18,703
226 050
256,438
80,030
w #at.N V .-v P e n n .b .J a n .
010,382
780,431
J n ly 1 to J a n . 31 . . . 1,949.650 2,073,781
8,073
2,814
1.870
7,695
W righ tsv. A T en n
J an .
24,150
57,199
21,215
59.387
J u ly 1 to J an . 3 1 ........
1,171
5 146
1,151
5,026
York S o u t h e r n .b . . , J a n .
10,875
14,098
43,022
13,186
J u ly 1 to Jan . 3 1 , .—.

Soads.

Elo

a N et e a rn in g s h e re g iv e n a re a ft e r (lod u otin g t a x e s ,
b Net, ea rn in g * h ere g iv e n a re b e fo r e d e d u c tin g ta x e s ,
c D e d n o tln g o th e re x p e n d lta re s fo r rep a irs, re p la ce m e n ts and g en era l
e xp e n se s, n e t In com e a p p lica b le to In terest an b o n d s In J a n u a ry w as
* 1 4 2 ,9 1 5 , against * 9 2 .1 5 2 last yea r. T h is Is th e r e s u lt In M ex ioan
d o lla r- treater! (a c c o r d in g to th e c o m p a n y 's m eth od o f k e e p in g Its
a cco u n t* ) a s e q n iv a le n t t o B O o e n ts ln U nited S ta tes m o n e y — that Is.
d e c r e e 1arini! b e y o n d 2 0 o e r o e n t b o s a lre a d y been a llo w e d fo r .
d G ross e a r n in g , Inclu de o th e r Incom e,
f T h irty p er c e n t o f gro ss ea rn in g s.

THE

518

CHRONICLE

fr A fte r a llo w in g fo r o th e r in co m e re o e iv e d . n et fo r J a n u a ry was
$ 7 5 ,7 5 0 . aga in st $ 6 9 ,1 5 5 , a n d fro m J u ly I t o J a n u a ry 3 1, 1 809, w as
$ 3 7 1 ,9 6 4 , against $ 35 8 ,0 7 2 .
. ^
Ii Inoludee results on D es M oin es & K a n sa s C ity f o r a ll p e riod s.
In clu d e s besides the en tire Paotiio S ystem an d the A tla n tio p r o p e r ­
tie s, the H ou ston A T e x a s C en tra l, A ustin A N orth w estern , C entral
T e x a s A N orth w estern and F t. W orth A N ew O rleans.
t Kor Jan , 1890, ta x e s and ren ta ls a m ou n ted t o $ 1 4 6 ,6 8 2 , agam et
$ 1 4 7 ,7 8 4 ,and fr o m J u ly 1 to Jan . 31, $ 4 8 7 ,8 6 9 , a ga in st $ 9 8 7 ,1 2 8 ,
a fte r d e d u ctin g w h ich n e t fo r J a n ., 1 899, w as $ 71 0 ,0 8 1 , a ga in st
$ 34 6 ,6 5 1 . F rom J uly 1 t o J an . 3 1 ,1 8 9 9 , n et a fte r d e d u ctin g t a x e s
ann rentals, is $ 6 ,2 5 8 ,1 7 5 , a ga in st $ 5 ,7 3 4 ,6 9 5 .
1 In clu d es C hesapeake O hio A S ou th w estern f o r all p eriod s. O hio
V a lle y from A ugu st 1, 1897. and C hioago & T e x a s fro m O c to b e r 1,
1 8 9 7 ,'but d oes n ot in clu d e the Y a z o o B ra n ch a fte r J u ly 1, 1898.
g I n c lu d in g in c o m e fro m fe r r ie s , A o

Miscellaneous Companies.
------Gross E a rn in g s.— * ------Net E a rn in g s.-----1898-9
1897-8
1 89 8 -9
1 897-8
3 ,2 3 5
B in gh am ton G a s .. F eb .
26,7 85
M av 1 to Feb. 28 . .
3 3 .6 0 1
B uffalo C ity d a s ...N o v .
6 2 ,6 1 0
O ot. 1 t o N oy . 3 0 . . . .
9 9 ,3 7 8
C o lo ra d o F u e l........... J a n .
6 2 2 .69 3
J u ly l to Jau. 3 1 ----1,271
C on sol. Gas G o .,N .J .F e b .
3 ,7 1 7
J an . 1 t o F eb . 28 . . .
5 1 ,8 0 9
D e tro it C ity G a s ------J an .
164,811
3 3 4 .45 1
2 9 8 ,3 0 7
E dison E l.IL C o.,N . Y. Jan.
1 1 ,9 1 0
G r’ d R ap. G a s -U C o..F eb ,
2 7 ,3 2 3
J au . 1 to Feb. 28 . . .
2 ,1 2 4
J a ck so n G a s-L . C o ...F e b .
4,849
Jan . 1 to Feb 2 8 —
2 6 ,5 2 3
Mar. 1 to Feb. 2 8 .—
83,241
L a cle d e Gas-L. C o ...F e b .
1 80 ,01 7
J an . 1 to Feb. 28 . . .
5 .7 9 1
M adison Gas & Bieo. Jan.
4 0 ,2 4 7
A p r. 1 to J a n . 31 . . .
1 0 ,9 9 2
4 ,1 6 3
11,8 37
M ex ica n T elep h on e. . Jan .
4 8 ,5 8 3
1 2 6 ,94 5
1 1 7 ,3 3 0
Mar. I to Jan . 3 1 .—
6 6 ,7 5 5
3 4 9 ,8 5 7
3 58 ,43 7
P a cific C oast C o .a ... Deo.
Jan . 1 to D eo. 3 1. — 5 ,2 6 3 ,3 1 7 3 ,9 7 8 ,1 7 1 1 ,1 7 4 .6 9 4
1124.233
3
4
6
,6
6
6
P a cific M a il............... Jan .
M a y 1 to Jan . 3 1 ----- 3 ,2 7 2,12 5 2 ,9 6 3 ,0 5 0 11,251,115
5 ,4 4 5
St. J osep h G a s L . C o .F e b .
.............
12,2 84
Jan. 1 to Feb. 2 8 .......
.............
4 6 ,6 6 2
J u ly 1 to Feb. 28. —
..............
2 2 ,8 2 0
St. P a u l Gas-Lt. C o. F eb .
..............
5 1 ,1 6 2
J an . 1 to Feb. 2 8 ___
T enn . C oal I. & R R ..J a n .
.............
7 9 ,3 3 7
W estern G as C o.—
M ilw ’k e e G a s -L .C o .J a n .
.............
5 0,8 88

8 0 ,8 5 3
4 9 0 ,0 0 4
814
2 ,1 8 8
3 9 ,7 2 2
1 4 7 ,8 3 9
1 0 ,4 7 2
2 4 .6 4 1
2 ,3 3 6
4 .6 2 8
2 3 ,8 0 4
8 2 ,7 2 5
1 7 6 ,4 2 L
5 ,1 5 5
4 4 ,1 2 1
3 ,4 0 2
4 3 ,0 4 0
7 3 ,4 5 2
8 3 7 ,08 5
t6 5 ,0 3 3
t5 5 2 ,3 5 2
4 ,5 4 5
9 ,2 8 2
3 9 ,6 9 8
2 3 ,2 5 5
5 3 ,3 2 7
6 9 ,3 0 9
5 2 ,8 9 6

t*After d e d u ctin g “ re s e rv e fu n d f o r rep a irs o f stea m ers,” b a la n ce in
J an u a ry , 18^9, w as $ 9 5 ,l l * , a ga in st $ 5 2 ,5 3 3 , and from M ay 1 to
J an u a ry 31 $ 9 8 9 ,ObO, agaiD st $ 4 3 9 ,8 5 2 . T he reserv e fu n d fo r d e p re ci­
ation and gen era] aDd ex tra o rd in a ry rep a irs o f steam ers has been
in cre a se d to th e sta n d a rd o f the E n g lis h com p a n ies, i, e „ fiv e p e r c e n t
u p o n th e va lu e o f th e stea m ers.

interest Charges and Surplus.—The following roads, ii
addition to their gross and net earnings given in the fore­
going, also report charges for interest, &o., with the surpluf
or deficit above or below those charges
/— I n i., ren ta ls, A c.—■Bal. o f N et B a r n s .—
1 8 9 8 -9 .
1897-8.
1898-9.
1897-8.
R oads.
$
C e n tra l N ew P n g ___J a n .
1 1,1 22
1 2 ,0 2 0
4 ,938 d ef.6 ,6 8 2
J u ly 1 t o J an . 3 1 . . . . .
7 2 ,7 6 9
8 4 ,1 4 0
57,3 22
5 7,1 18
C hic. Burl. A Q u in cy ..Jau.
8 5 5 ,0 0 0
8 7 0 ,4 2 9
131 ,38 5
1 8 4 ,1 8 2
J u ly 1 t o J an . 31 . . . 6 ,1 0 5 .0 0 0 6 ,0 9 3,00 5 4 ,7 4 5 ,0 8 7 4 ,6 1 7 ,5 2 6
Ohio. & E ast. 1 1 1 ....J a n .
1 2 8 ,2 6 0
1 2 8 ,3 3 7
*70,272
*2 3 ,5 1 4
J u ly 1 t o J a n . 3 1 .__
8 8 8 ,1 1 3
8 8 8 ,3 9 9
*539,411
*3 5 3 ,67 5
Ohio. R. Isl. A P a o ...J a n .
3 2 2 ,8 5 2
3 42 ,50 1
1 83 ,22 9
1 4 0 ,2 7 2
A p r. 1 t o J an . 3 1 ___ 3 ,2 2 8 ,5 1 8 3 ,4 2 5 ,0 1 0 3 ,3 0 8 ,8 2 7 2 ,6 4 1 ,2 5 8
Ohio. & W. M ich ........J an .
3 5 ,0 1 6
3 4 ,8 7 0 d e f. 17,321 d e f.2 5 ,1 1 2
Olioo. O kla. A G u ll.. J a n .
2 1 ,5 0 0
2 0 ,0 0 0
5 4 ,5 5 7
4 1 ,9 0 0
N o v . 1 to J a n . 3 1 ___
6 4 ,5 0 0
5 8 ,0 0 0
2 L1,910
1 4 1 ,9 0 8
O lev .C ln .C h . A S t .L .J a n .
2 3 8 .3 8 6
2 3 8 ,39 8
9 ,0 9 2
3 4 .4 7 4
J u ly 1 t o J a u 3 1 . . . . 1 ,6 3 1 ,2 5 0 1,6 4 2,31 8
8 2 0 ,39 2
2 7 7 ,9 4 0
P e o ria A E a stern . J a n .
3 6 ,8 0 2
3 6 ,8 0 2
d ef. 4,536
908
J u ly 1 t o J a n . 3 1 ____
2 5 7 ,6 1 1
2 5 7 ,61 1
2 ,613
2 3 ,4 7 7
B e n v e r A R io Gr*de. J a n .
1 92 ,71 5
2 1 4 ,15 5
124 ,03 0
*5 5 ,8 1 4
J u ly 1 to J an . 31 . . . 1 ,3 9 5 .2 9 5 1 ,4 4 5 ,0 4 1 *1 ,0 1 5,42 7
*6 4 2 ,6 0
D e t. G d .R a p .A W e3 t.J a n .
1 7 ,3 7 0
16,657 d e f .6 ,3 42 d e f .1 0 ,3 9 7
F lin t A P ere M a r q .. N ov.
5 4 ,2 3 7
5 4 ,5 6 0
20,866
1 8 ,2 6 1
Jan . 1 to N ov. 3 0 . . .
5 9 0 ,7 3 1
5 8 8 ,0 9 2
1 2 8 ,87 4
8 5 ,4 1 3
K a n a w h a A M toh___J an .
1 1 ,3 1 7
11,323
80
2 ,9 6 8
J u ly 1 to J a n . 3 1 ___
7 7 ,2 1 8
80,4 41
39,6 18
1 8 ,3 9 5
K a n . 0 . F t. 8. A M ..J a n .
1 1 5 ,2 9 5
116 ,91 3 d ef.4 ,1 4 1
d e f.9 ,2 2 6
J u ly 1 to Jan 3 1 ___
8 1 3 ,6 3 0
8 1 8 ,7 8 0
67,9 07
1 2 3 ,18 9
K a n .O . M em . A B lr .J a u .
16,5 07
16,221
2 8,6 79
3 1 ,6 2 9
J u ly 1 to J an . 3 1 . . . .
1 1 1 ,5 7 3
1 1 1 ,1 0 3
1 20 ,66 2
1 1 0 ,3 9 7
I>. E r ie A W est’ n .. . . D e o .
6 5,3 04
00,3 49
7 5 ,3 3 7
9 2 ,8 2 7
J a n . 1 to D eo. 31 . . .
7 4 5 ,4 2 6
7 2 1 ,6 3 5
7 1 9 ,2 6 7
7 4 1 ,64 7
L o n g Island R R . . . J a u .
9 8 .5 4 0
10 ),245*def. 9 6 ,4 7 0 * d e f8 3 ,9 5 2
J u ly 1 t o J a n . 3 1 ___
7 0 2 ,2 2 6
7 1 6 ,0 0 2
*377 ,45 2
*3 1 2 ,8 5 5
L o n g Isla n d R R .S y s .J a n .
1 0 3 .23 8
111 ,74 4 d f.H 3 ,8 7 7 * d f.l0 4 4 4 2
J u ly 1 t o Jan. 3 1 . . . .
7 8 0 .5 0 2
7 9 6 ,5 9 0
*399,749
* 3 4 1 ,6 6 0
M o .K a n sa s A T e x a s . J a n .
2 8 6 ,1 1 4
2 8 5 ,5 4 7
3 5 ,3 9 7 d ef.1 3 ,2 8 8
J n ly 1 to J a n . 3 1 ___ 1 ,9 9 9 ,6 6 1 1 ,9 9 9 ,1 5 9
9 8 0 ,3 1 1 1 ,005,393
N a e h v .C h a t.A St. L . Ia n .
131 .86 5
126 ,58 9
1 4,2 65
2 1 ,6 7 2
J u ly 1 to J au . 3 1 ___
9 1 8 ,6 3 8
8 9 7 ,2 4 0
4 2 5 .0 8 1
3 1 0 .4 0 6
o ik A W e ste rn .. J a n .
1 8 5 ,79 7
1 8 6 ,58 1
1 15 ,21 8
9 5 .9 5 0
J u ly 1 t o J an . 31 . . . 1 ,3 0 3 ,0 7 0 1 ,3 0 6,95 1 1 ,0 7 4,28 3
8 5 9 ,8 6 7
P h ila d e lp h ia A R e a d i n g A ll co m p a n ie s ....... J a n .
7 5 0 ,0 0 0
7 5 3 ,6 6 2
1 7 6 ,13 4 d e f.5 7 ,3 1 7
J u ly 1 to J an . 31 . . . 5 ,2 5 0 ,0 0 0 5 ,2 7 5 ,6 3 4 1 ,8 3 9 ,2 3 6 1 ,9 8 2 ,8 7 8
F itts . C. O. A St. L .. J a n .
2 6 1 ,9 2 6
2 4 7 ,6 1 5
1 44 ,65 4
1 3 0 ,7 1 8
R io G ran d e J n n o t . D eo.
7 ,7 0 8
7 ,7 0 8
1,923
2 ,4 0 4
B io G ran de 8 o u th n ..J a n .
1 7 ,6 7 3
l"7,898
1,041
3 ,2 2 4
J u ly 1 to J a u . 3 1 ___
1 2 5 ,2 1 4
1 0 2 ,7 3 9
2 4,3 23
4 ,8 0 2
S a n F ra n . A!N o. Pao, J an ..
1 8 ,9 0 8
1 9 ,0 0 4 d e f.6 ,6 4 6
d ef. 2 ,188
J u ly 1 to J a n . 3 1 ___
1 3 2 ,3 5 6
1 3 3 ,0 2 8
1 00 ,85 1
8 3 ,3 3 6
T enn . C oal I. A R R .J a n .
4 6 ,5 6 3
4 7 ,4 7 9
3 2 ,7 7 4
2 1 ,8 3 0

[ v o l . lxviu ,
— I n t., R en ta ls, A c.----, < -B a l.o fN e t E a rn in g s.—.
1 8 9 8 -9
1 89 7 -8
1 8 9 8 -9
1 897-8

R oads.
T o le d o A O hio C en. J a u ..
J u ly 1 to J a u . 31 . . .
X o l. P eoria A W e s t ..F e b .
J u ly 1 t o F eb . 2 8 . —
W .V a.C en .& P ltts ...F e b .
fu ly 1 to F e b . 2 8 ___

$

4 0 ,6 2 1
2 9 0 ,7 9 8
2 2,337
179 ,36 2
2 1 ,9 2 5
1 8 5 ,0 9 8

3 9 ,0 7 7 * d e f.9 ,3 7 6
2 7 5 ,0 8 3
■60,114
2 2 ,3 7 3
1,490
178 ,98 4
1 2 ,2 3 9
2 1,6 11
4 ,0 8 6
5 5 ,3 4 1
3 7 5 ,6 6 9

•4,886
* 5 2 ,9 3 0

1.109
1 2 ,6 9 9
2 ,8 9 8
5 5 ,3 6 6

•A lt e r a llo w in g fo r o th e r ln o o in e re o e iv e d .

STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings tor the latest
period o f all s t r e e t railways from which we are able to o b ­
tain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads—that is, the
tirst 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.
STRE E T R A IL W A Y S
G r o ss
E a r n in g s .

AND

T R A C T IO N

L a test G ross E a r n in g s .
Week o r Mo 1898-9. 1 89 7 -8

C O M P A N IE S .
Jan. 1 to L a tes t D a te
1 89 8 -9 .

1897-8

$
$
5 ,1 7 5
5 .6 5 5
1 0 0 .2 3 5
9 2 .6 8 8
53,9 71
4 9 .8 7 6
6 ,5 7 1
6 .2 2 1
3 2 3 ,2 6 6
319 9 5 0
13,8 53
1 2 ,1 1 3
2 0 ,3 9 3
2 2 ,0 4 8
46,541
4 8 ,5 6 9
2 5,7 22
2 5 ,1 1 1
1 ,6 4 1,6 j 1 1,6 9 5,45 6

ik r o n B e d f’ d A Clev. J a n u a r y ...
5 .1 7 5
5 ,6 5 s’
l i b a n y R a ilw a y ......... F e b ru a ry . 4 6 ,6 2 4 4 3 ,3 8 7
im s o e rd a m St. R y - .. D e ce m b e r.
4 ,6 6 7
4 .5 9 ?
6 .5 7 1
6.221
A tlanta R a ilw a y ....... J a n u a r y ...
B altim ore C on. R y ,* ... F e b ru a ry . L42,690; 152.424
6,500, 5.860
Bay C ities C o n s o l.— F e b r u a r y .
B ingham ton St. R y ... F e b r u a r y .
9,470 10,9 46
B rid gep ort T ra ctio n . F e b r u a r y . 2 0 ,4 8 9 21,671
2 5 ,7 2 2 25,111
B rockton C on. St. Ry. J a n u a r y ..
B rook lyn E le v a t e d .. D e c e m b e r.
Br’ k ly n R ap. T r. C o .—
B ro o k ly n H e ig h ts )
8 2 2 ,89 1
7 6 5 ,5 6 8
B ’ k ly n Q ’n s & S u b . S F e b r u a r y . 3 7 0 ,54 4 3 6 5 ,4 2 0
C harleston C ity R y .. D e ce in b e r. 13.669 13,5 49
1 72 ,13 8
8 ,4 7 4
Oin. <fe M iam i V a l.. .. J a n u a r y ...
4 ,3 2 8
8 ,4 7 4
4 ,3 2 8
C ity E leo. (R om e.Q a.) F e b ru a ry .
1 ,5 4 7
3 ,2 4
1,539
3 ,1 1 1
C lev elan d E le c t r ic ... F e b r u a r y . 130,63 7 125,894
2 7 1 ,1 0 8
2 6 1 ,4 1 7
6,467
J a n u a r y ...
Jleve. P a in sv . A E .
5 ,4 3 7
6,467
5 ,4 3 7
□ oln m bus St. R y . (O.) F e b r u a r y . 5 2,6 97 4 3 ,1 5 1
110,688 1 0 2 .4 3 9
D en ver Con. T ra m w . J a n u a r y ... 6 a,0 1 4 5 6,4 73
64,0 14
56,4 73
D etroit C itru s ’ St. Ry. Istw k M ’ ch 2 1.6 70 20,9 72
2 1 0 ,0 5 0
1 96 ,66 9
7 ,7 2 1
D etroit E leo. R y ......... LstwkM ’ oh
7 ,7 4 7
74,9 11
7 2 ,6 7 9
D e tro it ^t. W ayne A
B e lle I s le ................... Is tw k M ’ ch
3 ,3 1 8
3 ,3 8 6
3 1 ,8 9 4
3 0 .9 9 5
D ulath St. R y ............. F e b r u a r y . 13,3 13 12,862
2 7 ,7 2 7
2 7 .2 2 1
Erie E leo. M o to r ......... D e c e m b e r. 12,4 17 12,1 87
1 4 4 ,4 0 0
1 4 0 ,8 4 5
G a lv e s to n C ity R y . . . J a n u a r y ... 18,9 86
H a rrisbu rg T ra ctio n . J a n u a r y ... 2 0 ,7 9 9 1 8 ,4 9 7
2 0 /7 9 9
1 8 ,4 9 7
H erkim er ftloh aw k IIio n a F’k fo r t E l. R y. J a n u a r y ...
3 ,1 5 4
3 ,1 0 0
3 ,1 5 4
3 ,1 0 0
H o u sto n E le o . St. R y. D e ce m b e r. 2 L,155 1 9 ,9 5 3
2 0 2 ,32 0
1 8 9 ,1 6 2
In tersta te C on sol, o f
N o rth A tt le b o r o ___ F e b ru a ry
7 ,5 7 0
1 8 ,3 2 4
8 ,7 1 8
1 8 ,6 5 2
K in g ston C ity R y ....... F e b ru a ry .
3 ,7 0 0
3 ,6 7 2
7 ,9 7 8
7 ,6 7 2
Lehigh T ra o tio n —
F eb ru a ry.
6 ,9 b 9
8 .127
1 5 ,3 2 1
1 6 ,2 9 7
L im a R a ilw a y (O hio) F e b r u a r y .
3 ,3 2 4
2 ,6 6 2
6,7431
5 ,6 6 5
L on d on St. R y .(0 a n .) F e b r u a r y .
6 ,6 >8
7 ,3 9 1
1 5 ,5 8 5
1 4 ,3 6 3
L o ra in A C le v e ......... . J a n u a r y ...
5 ,0 6 0
3 ,4 8 6
5 ,0 6 0
3 ,4 8 6
u o w e il L a w . A H a v IJ a n u a ry . . 3 2 ,6 8 2 3 0 ,7 0 5
3 2 ,6 8 2
3 0 ,7 0 5
M etrop. (K ansas C ity) 3d w k O ct. 3 7,1 28 3 6 ,9 9 3 L,6 5 5 ,4 4 2 1 ,4 9 5 ,7 7 3
Metro. W. Side (C hic.) J a n u a r y ... 116,740 9 9 ,6 3 2
1 1 6 ,74 0
9 9 ,6 3 2
M on treal S treet R y ... F e b r u a r y . 113 ,83 8 102 ,62 5
2 3 9 ,1 4 212,782
M u scatine St. R y ........ J a n u a ry .. .
5 ,0 6 4
4 ,9 3 9
5 ,0 6 4
4,939
N a sh v ille St. R y ......... F e b r u a r y . 2 4 .7 4 2 .............
5 4 .7 6 2
N assau E leo. (B ’ klyn) F e b ru a ry . 1 0 8 ,4 6 9 1 2 7 ,08 2
2 5 3 ,2 3 5
262,52 i
N ew b u rg St. R y ......... F e b r u a r y .
3 .7 2 9
4 .3 2 6
8 ,0 1 7
9,247
New L o n d o n St. R y .. F e b ru a ry .
2 ,4 9 7
2 ,6 0 3
5 ,4 1 6
5,491
N ew O rlea n s TraotiOD J a n u a r y ... 1 1 0 .03 0 107,221
1 1 0 ,0 3 0
107,221
N orth C hic. St. R y .. . F e b r u a r y . 2 0 3 ,1 8 a 2 0 5 ,43 5
4 2 7 ,7 0 6
430,857
N orth S h ore T raotion J a n u a r y ... 1 0 4 .3 0 i 98,8 64
1 01 ,30 3
98,864
O g d e n s b n rg S t. R y ... F e b r u a r y .
1 ,0 9 5
775
2 ,2 7 7
1,819
P a terson R y ......... ....... F e b r u a r y . 2 3 ,0 5 9 25.141
5 2 .2 2 4
52,603
R ich m on d T r a c t io n .. D e o e m b e r. 12,6 74 1 0,2 94
1 4 7 ,6 3 4
132,697
R o x b ’ h C h.H .& N o r’ n D e c e m b e r.
7 ,8 9 2
5 ,079
1 0 9 ,5 9 6
85,233
S ch u y lk ill V al. T ra c. F e b ru a ry .
2 ,8 2 0
3 ,821
7 ,0 6 0
7.890
Scranton A C arbon d ’ e F e b r u a r y .
1 ,8 4 6
2,441
4 ,2 3 1
5,332
S cra n ton A P itts to n F e b r u a r y .
3,044
4 .1 0 3
7,280
8.891
S cra n ton R a ilw a y ___ F e b r u a r y . 2 4 ,9 6 4 27,1 71
55,2 08
57,337
S ta ten I s la n d E le c .. F e b ru a ry .
9 ,1 0 0 10,969
2 1 ,4 9 6
22,922
S yracu se R ap. T r. Ry. F e b r u a r y . 3 7 ,6 2 4 3 4 ,3 7 1
7 8 .2 2 4
71,858
T o ro n to R y ................... F e b r u a r y . 9 1 ,8 6 0 82,4 02
1 8 7 ,5 5 0
168,964
Tw in C ity R a p . T ra n . J a n u a r y ... 189 ,00 9 16a ,24 9
1 8 9 ,0 0 9
165,249
U n ion (N. B e d fo r d ).. F e b ru a ry . 14,168 13,2 02
2 9 ,6 0 5
29,004
U n ited T ra ct. (P itts.) J a u u a r y ... 119 ,59 0 116.891
1 1 9 ,5 9 0
116,89 L
U n ited T ra ct. (P r o v .) Jan uary* - ■ L46,7b2' 138 ,57 8
146 ,79 2
138,578
U a it. T ra o. (R ead ing) F e b r u a r y . 11,763 11,308
25,3 41
24,132
<Yc*aefield A S t o n e .,.. F e b ru a ry .
2 ,6 7 9
2 ,7 5 4
6,33C
6,368
W aterbary T r a o tio n .. F e b ru a ry . 20,0 79 20.1 42
4 3 ,2 0 2
42,377
West C h ioago 8 t. R y W k M ch 12 74,9 01 7 0,8 55
W heeling R a ilw a y ... N ovem b er. 17,141 14,436
1 73 ,02 9
152,366
W ilk es & W y . V a l___ J F e b r u a r y , 31,8 51 3 6 ,3 5 1
72,5 67
7 6 .7 0 7
* I n clu d e s B a ltim o r e T ra ctio n a n d C ity A S u b u rb a n f o r b o th y e a rs .

Street R ailw ay Net E arnings. —la the following we show
both the gross and the net earnings to latest dates of all Street
railways from which we have been able to procure monthly
returns, As in the oase of the steam roads, the returns of the
different roads are published by us each week as soon as re­
ceived, and once a month (on the third or the fourth Satur­
day of the mouth) we bring all the roads reporting together,
as is done to-day.
R oads.
A-kron B ed . A C le v .. J a u .
A m sterd a m St. R y .b .D e o .
J a n . 1 to Deo.-3 1 ........
A tla n ta R a ilw a y ___ J an .
Bay C ities C o n .S t.R y.F e b .
J au . 1 to F e b . 2 8 . . . .
B in gh am ton 8t. R y ..F e b .
J a n . I to F eb . 2 8 ___
B rid g e p o rt T ra o t’ n .. F eb.
J a n . 1 to F e b . 28 . . .
J u ly 1 t o F e b . 2 8 ___

— Gross E a r n in g s .— , ------N et E a r n in g s .------*
1 89 8 -9 .
1 8 9 7 -8 .
1 898-9.
1 89 7 -8

s
5,175
4,667
53.971
6,571
6,500
13,853
9.476
20,393
20,489
46,541
237,079

5?655
4,597
49,876
6,221
5,860
12,113
10,946
22,048
21,671
48,569
222,075

$
250
1,008
14,111
1,468
2,352
5,017
1,284
3,225
2,670
12,185
98,022

*

86
757
11,697
643
1,524
3,228
3,013
6,150
7,11
18,3
103

THE

M a fieri 18, 1899, J

,— G ross E a rn in g s.— —*.*■— UTet E a r n in g s .— -%
R oads,

Brockton Coa.de. Ry.Jaa.

1898-9.

1897-8.

1893-9.

S

®

i

25.722

25,111

10,992

10,369

• D e crea se In e itninvs a n d Increase In expense* due to heavy snow
storm., lo ss In this w a y helm? es tim a ted at f t , 7 5 0 .
Interest Cnar<ea anil Surplu s.—The follow in g Street
railways, in a-Mittou to their gross sa d net earnings given it
the foregoing, also report chargee for Interest, A n ,, with tb'
surplus or dafloit above or below those charges

Osm ver C o n .T r a m w .J a n .
P aterson R a ilw a y .. .F e b .
J an . 1 to Feb. 2 0 , . . , .
E o x b ’ kh b 0 0 1 A N .D ae.
Jan. 1 to Dec. 3 l __
T w in C ity R ap id T r . .J a n .
U nited T ra ct.(P itts .)J a n .
J u ly 1 t o J an . 3 1 . . .
W aterbary T r » e . G o . F eb ,
O et. 1 to Feb. 2 8 . .

- I n i ., R en u u t , <*c.
, -- E c u .o f "*tl M am 'fi*.*
1899.
1 89 9 .
1 898.
1398
535.001

5 8 9 ,1 0 8

•33,825

*27,903

19,0 78
9 ,0 7 5
18,1 50
2 .1 9 5
2 6 .1 3 5
8 6 ,4 1 0
5 1 ,7 1 5
3 0 3 ,1 0 3
3 .3 0 3
15,9 48

18,7 08
5 ,9 7 6
8 ,9 0 0 id e f.1 ,7 8 8
1 8.1 50 d e f. 1,003
1 ,8 ? 0
700
2 i,8 0 9
1 6 ,3 4 2
84.7 01
2 5 ,4 4 0
5 1 ,2 0 3
3 ,4 5 5
3 3 2 ,3 7 3
152 , t 7 2
3 ,277
3 ,2 0 8
18,257
3 0 ,0 9 8

1,661
1,339
3 ,1 7 5
def*507
10,2 09
13,7 61
6,96*1
142,4*47
5 872
3 0 .8 3 5

* A fter a lio w in k fo r o t h e r In eom e re ce iv e d ,
i 8e* n ote to p r e e e d ln f ta b le .

A N N U A L R EP OR T S.

1897-8

B r o o k ly n R an . T ra n s it—
d 3 >,803
5 5 3 ,2 5 8
Ooc. 1 to Deo. 3 1 . . . . . 1 ,4 3 9 ,9 1 7 1 ,2 3 7 ,3 4 8
J an . 1 to D o. 3 t . . . 5 .3 7 4 ,5 3 0 5 ,2 0 1 ,9 1 3 2 ,3 2 8 ,1 0 0 2 ,0 3 6 ,6 3 5
.5,993
5 ,7 4 9
13,54 )
13.63 »
C h a rleston C 't v a y . D ee.
3 7 ,6 2 "6
8 7 .9 3 l
3 9 ,4 4 2
8 4.35 l
J u ly L to D eo J i ----63
1,539
15
1,517
C ity £ !e o .( R o m s .') i-. Feb.
101
16
3 ,1 1 1
3 .2 i i
J a n . L to Feb- 28
0 2 .0 3 6
1 4 6 .4 8 5
69.36-1
•5 3 ,5 7 8
C lev elan d E iectrio D e c ..
5 9 3 ,0 7 6
6 3 5 ,2 0 2
Jan . 1 to F e e . 31........ 1 ,7 1 3,96 9 1 .6 3 2 ,0 2 1
1.440
1.233
5 ,4 3 7
6 .4 6 7
O lev. P alaeav. A E . J a n .
2 4 ,6 1 1
2-L83L
5 2 697
43.1 51
O o m m b a s lO )9 ’. R y .F e b ,
5 3 ,9 10
6 0 .6 2 7
1 92 ,4 9
1 10 .83 8
Jan . 1 t j Feb 4 3 . . .
2 ».65 4
2 0 423
5 0 ,4 7 3
6 4 .0 1 1
D e n v e r C on. T r im v J a i.
4 0 .3 1 0
3 6 ,5 ^ 9
8 4,112
i»0 31.5
D e t r o i t C 'f s ' 9 '. K.- F eb .
8 J ,8 2 >
8 4 ,6 7 4
1 7 5 ,6 8 7
1 3 8 ,3 9 0
J a n . 1 to F eb . 2 8 . . . .
11*2 52
3 1 ,1 6 5
3 4 .1 2 1
D etroit E iootrto B y .F o b .
2 3 ,0 0 8
6 1 .9 3 2
2 2 ,9 8 1
0 7 ,1 9 0
J an . 1 t o F ab. 2 3 ___
4 ,6 8 7
4 7*5
1 3 .2 8
D e l. t W A B I K ?. Fab.
13.6*3
1 0 ,3 3 2
2 7 ,0 0 9
9 8 -2
2 3 .5 7 0
J a n . 1 to Fob, 2 8 . . .
6 582
6
,5
8
6
10,091
10.0
83
D u lu th S treet K v ... J an .
6 2 ,5 6 9
6 0 ,3 8 8
1 3 6 ,4 4 7
1 2 1 .4 9 5
J u ly 1 t o J a n . 3 1 . . . .
F oT ty-S eeB t. Manh. A St. N . A.v e .—
3 7 ,5 5 5
21
187,768
O ct. t t o Deo. 3 1. b . .
1 4 7 ,70 2
9 .2 3 0
1 1 ,3 4 2
18.497
2 0 ,7 9 6
H a rrls s n r e T r a o t 'n . Tan.
6 7 ,3 2
1 1 9 .2 7 5
1 1 4 ,7 9 0
2 J i , Itf i
1 t .r i to J k j . II .>*
H ec'clater M oh aw k t llo a
1 .2 3 6
1 .4 2 4
3 .1 0 0
Prank. E lec. rty.Jaa.
3 ,1 5 1
7 ,5 7 J
8 .7 1 8 d e f. 1.301 d e f. 1 ,9 3 *
In ter St C ia. V . H r. F eb .
deL 5 0 1
18,0>2
def U
13.32 4
J * a . 1 to Fob.
...
2 ,1 2 6
8 .1 2 7
4 ,2 1 4
« .9 M
L i o u h rr a o tlo a .. Pah.
4 .8 0 2
3
,3
3
9
1 6 .2 9 7
J a o . 1 to F»>h. J*j . . .
15,321
3 7 .3 5 )
7 3 .4 6 1
2 8 .9 7 6
I d ly l SO Pel) 43 . .
0 7 .8 1 1
70s
980
2 ,6 6 7
Lim fc R v. (O hi »K .. .F « h ,
3 ,3 2 4
1 ,5 2 1
s>d6-5
2 .0 1 9
i » q . 1 &o F e *. 2 i . . .
6 .7 iJ
1 .0 5 4
7 ,8 9 1
2 .0 1 0
0.S 53
L o o d o a 8 c. Ry.(< !an.i Pab.
4 ,2 si
4 ,197
15.535
1 4 .3 0 3
J a n . 1 t o Feb. 23 . . .
2 ,3 0 5
3 .1 8 8
12235
5 ,0 0 3
L o r . u 3t d e i - e U e 1..J m .
9 .2 2 5
1 0 ,8 1 9
3 0 ,7 0 5
L *wFfW> A BE, J ail
3 2 ,0 8 2
7 3 .9 1 3
83,5*53
190 211
1 0 4 ,02 3
M e tro 'n S t .B f .K. C S ept
6 7 7 .7 3 4
5 9 7 ,7 7 i
Jan . 1 to
JO . . . 1 ,5 1 3,41 3 1 ,3 5 7 .1 3 ?
3 3 0 .2 7 4
3 0 1 ,2 2 8
7 3 5 ,6 3 7
0 0 5 ,2 0 3
Dina l sosJopt. 10 . . .
3 0 ,0 1 7
9 9 .0 3 2
4 2 .1 0 )
1 1 0 ,7 4 9
KM T. W .8 W »E l .little .J * 0 ,
1 .3 6 4
4 ,9 3 9
5 ,0 0 4
1.185
M a «e i t lo e E! R ? . J a a
9,4 16
3 5 ,2 5 0
33*313
12,7 76
J u ly 11«> J an, 3 1 . . .
619
4 ,3 2 6
dat. 100
3 .7 2 4
S e w b a r * E le c tr ic . . F e b .
9,2 47
376
1,518
1an. 1 to P^o. 2 * 1 ....
8 ,0 1 7
2 4 ,7 0
5 8 ,1 1 3
2 7 .0 <2
5 J .1 9 9
J u ly I to F eb . 23 . . .
2 ,5 0 3
d e t 337
2 .4 « 7
daf. 5 3 5
N »w L o o d o a 3L Ry F d h.
5 ,4 9 1
d a f 255
•let. 4 >7
5 .4 1 8
J a a . 1 to F«i> 2 3 . . .
1
0
7
,2
2
1
4 4 .1 5 6
1
1
0
.0
3
0
4
4
,9
4
8
Orl«>*o* T r a c t.,J * a .
4 1 ,5 8 0
9 6 .9 6 4
3 4 .1 7 7
S o ;ih * J b o r o T ra ce, fu a ,
1 0 4 .3 0 1
1 6 V .1 6 0
44 >,889
4 3 5 .4 0 2
171**4.5
O ct, 1 to J in 31 . . .
2 5 ,1 4 1
10.239
* l J.059
P iU <f«oa R allw * r . . . P c o .
‘ 0 .1 0 7
5
2
,0
0
i
2 0 .9 7 5
J a o . 1 to F ob . 2 1 . , .
5 2 ,2 2 4
17.0 57
R ichm oD d R y . A F.iw . Co.
1 2 0 .0 2 9
J a a . 1 to
3 o ..«
3 0 9 ,5 1 2
1 3 4 ,91 2
3 0 0 ,97 1
5 ,4 7 1
R loh ca on d T r a C s » ....D « c .
10,291
3 ,4 3 9
1 2,0 74
1.363
7 ,8 9 2
5 ,0 7 9
2 .9 5 5
B o t b ’ fthOta. IIII IA N , D e e ,
65,2 33
1 0 9 ,5 9 0
4 2 ,9 7 7
3 2,8 8
J an . 1 to Dec. 3 1 . . . .
2 .8 2 0
3 ,8 2 l
d s f.4 1 2
S o b n y t. V al. T r a c .. .F e b .
935
271
J a a . t to Fab. 2 3 .,..
7 .0 6 0
7 .6 9 0
1 ,3 9 0
412
917
2.441
S cra n to n A C arbon F eb .
1 ,3 4 8
5 ,3 3 2
4 .2 11
1 ,2 9 2
2 On
J a n . 1 to Pfcb. 2 8 ......
2 7 ,0 3 5
1 0,5 84
2 2 .9 9 4
11, 55
J u ly 1 to Feb. 2 9 __
231
v*oi
4 .1 0 S
SCfA utoo i% P U ra to a .F o h .
3 .0 4 4
1.500
J a n . 1 to F ob . 28.
2.522
7 .2 3 0
J u ly 1 t o P cb . 2 8 . ..
4 1 ,0 2 5
16.V2*
4 5 .5 1 1
1 3,2*5
2 4.964
27.17L
9 .0 7 0
S era n ton R a ilw a y .. F e ll .
12.41.5
2 4 ,3 3 6
5 7 ,3 3 7
J a r . 1 to F eb . 2 8. .»•
*26, >7 2
5 5 ,2 0 6
135 ,96 4
2 0 0 ,8 1 0
July 1 t o Feb. ‘2 9. ...
2 5 9 ,9 15
1 3 2 .9 0 4
10^69
#**££& I « !. E le a __ » F «D .
9 .1 0 0
detJ5.969 d a f 4.1HO
d f.8 8
2 1 .9 2 2 d e f.3 .7 2 3
J a n . t to Feb. 2 . —
2 1.4 93
J u ly 1 to Fen. 2 9 ---237340
3 5 ,1 9 2
i.2 1 a
1 2 3 ,3 1 8
T h ird A r e . R R (3*. Y .) h Ovt. I to D o 31 ...
.539*756
1 9 0 ,3 7 5
3 4 0 ,8 2 0
8 0 2 .2 0 ?
9 59,705 1,081,811
J a n . 1 to Dee. 3 1 . . . . . 2 ,2 7 8 ,0 9 5 2 ,5 9 7 ,0 1 2
1
6
5
,2
4
9
9
1
,3
8
6
78 012
T w in C ity S a p id T r J a n .
1 9 9 ,0 0 *
.58, 30
i 10,891
C n lte ilT r a c , (P ltts.i la o
1 19 ,5 40
5 5 .1 7 0
9 3 9 ,6 10
8 5 6 ,3 ) 0
4 7 4 ,8 6 0
J a ly l t o J a n . 3 1 ...
5 1 5 ,5 7 5
9.I4S#
W aterbary r r a c t'n . Feb.
2 0 .0 7 9
2 0 .1 4 2
*5.511
J a n . 1 to Feb 2 8 . . .
4 1 .2 0 J
»3 .:-7 7
1 8 ,0 5 )
17.812
G e t 1 to Feb. 2 8 ...
1 1 0 ,51 7
4 6 ,6 * 6
4 9 ,0 9 2
1 1 1 .5 0 0
3 6 ,3 5 1
W tlkesb.A W y V .T r Feb.
1 5 .4 2 7
2 2 .0 >7
3 1,3 51
J a b . 1 to F eb . 2 8 , . . . .
7 0 ,7 0 7
4 4 ,5 6 7
7 2 .5 0 7
3 8 ,9 0 7

B r o o k ly n Ra-D T r .—
O c i, 1 to D ec. 3 1 . . —

519

CHRONICLE.

v i n i naI Reports.— The following is an index to all annual
eports of steam railroads, street railways and miscellaneous
■ompanies which have been published since the last editions
>f the I nvestors ’ and Street R a il w a y S upplements .
This index does n o t include reports in to-day’s C hronicle .
R a il r o a d s

and

S lis c . C o ’ s—

R a il r o a d

68—
P age.
A m er. D iet. T elegra p h C o .............
229
A m e r ic a n Straw Boartl...................
327
Atn^r. MJgar R efining Co.
i.B a'. S h *H o r D e c . 3 1 .1 * 9 8 ). . . .
471
A n n A rb o r R R .................................
27S
A tla n tic & D anville R R ..................
1F4
("anatJlan P a cific
...................
37tJ
C en tral R R . a t v - J .................
5W
(**:?ntral U nion T e le p h o n e .............
-29
C h ica g o A A l t o n ....................
376
C h ic. June. Ry*. A U nion Stock
Yards.................................................
326
C h ica co T e le p h o n e ..................
229
C h ica g o & W e s t M ichigan . . . . . .
37ft
roram erv U I C able C * ..................
471
C on vjI. G sa o f K . Y - . . . ---- . . . . . .
328
Cort»ol* C o a l................................
"177
D el. x H u<! i o n Canal ....................
376
D *1. L ack . s W e i t , it It....................
1-*
i »ot. G rand Rap. A \V» - l ........ .
376
D iam ond M a tch ................................
228
G ra n d T r u n k ,... . . . . . . ..............
376
H u n t. A Broad T o p M ou n tain
R R . A Coal. ..................................
S26
M araden C otan anr .........................
3*8
"t - 6
i.e ilith Goal A N a v ig a tio n ............
M exh^tn C e n tra l..........................
376
N ational B is c u it...............................
327
327
N ational L ch *^................................
V o lu m e

V o lu m e

and

M i s . GO’S.— ( C o n )—

68—

P age.

National Starch M fg. C o...........
328
New Vork A New Jersey T el......
425
Nor*hern Central RR___32tt 375,
382
Osceola C om ol. M ining................
425
Penn. Mfg. Light- A Power.........
S2S
Pennsylvania R R .........................
470
People’s Gas Light A Coke o f
Clucaeo
.. .......................280 327
Phil a. A E r ie ........ ......................... 435
Phil. Wllm. A Balt. ......................
325
St. Louis Southwestern R y .
( Bal. Stifft of Von. 30.1898)....
279
Santa Fe Pres. A Pha»nlx...S'fa(ftnent to N. F. S'ock Bzch/ingr..
328
So. New Bug. T e lep h on e...........
828
■Stettion
R J C o .....................
229
! Street’s (John
Western StableCar Line
229
j Tanmnick
Mining .......................
425
Uoion Switch A Signal C o..........
471
V. S. Leather...... ......................
377
W eatem Maryland . ................
279
St r e e t R a i l w a y s .
V olu m e 6 S —
Columbus Street R y .................

L o u is v ille <K v.) St. Ry ............

Twin City tM-nneapolis, Minn.)
Rapid T ransit... , ...................

P a g e.
326

37fi

376

Canadian Paclllc Railway.
(R eportfor year endin'] Deo.SI, 1S9S.)
Th* report of President Van Horne will be found at length
on p a g e 4 538 to 519, with the income account, detailed state­
ment of charges, balance sheet, etc.
O l’ EttlTION S AND FISCAL RESULTS.

189 3 .
1897.
1895.
M i l .. D-c. 31"'
0,081
0 ,5 0 8
0 ,4 7 0
0 ,444
O p«raU an* —
P a w . cu r'd N o.
9 ,0 7 4 ,5 0 3
3 .1 7 9 ,5 8 9
3 ,0 2 9 ,9 8 7
2 ,9 8 3 .7 9 3
P i n . < n t l« K '. 4 3 0 .1 9 3 .H K 3 1 7 .9 9 7 ,5 9 1 2 0 3 .0 0 7 ,1 5 3 280.317,2,58
K n o p .p a s .p m
1-52 e tc.
1-82 ot*.
1 8 3 ets.
l'S O ots.
F reigh t (ton s)
c a r r ie d .... . . .
5 ,5 8 2 .0 3 3
5 ,1 7 4 ,1 3 4
4 ,4 4 2 ,0 5 5
4 .2 7 4 ,6 0 7
FreU U t (tons)
i ir M o n e io U - 2 1 4 2 .3 1 9 ,3 3 7 1 9 5 5 ,9 1 1 .0 0 1 1 7 0 0 ,9 3 9 ,9 6 5 1 4 9 0 ,6 3 9 ,8 4 7
0*78 eta.
R 't^ p .to a 9*m.
0 -7 0 ots0- 75 otA.
0 '8 0 ots.
E a rn in g *—
$
9
$
0,%3s,59O
pAskeo^er
.5,796,115
4.820L U 3
4 .6 8 3 ,1 3 8
1 5,2 5 7 .8 9 7
Prwluht . . . . . . .
1 0,2 31 ,4 4 5
1 3, i 0T.56O
1 1 ,8 7 7 .8 5 2
2 ,6 6 5 ,5 2 2
S .)6 8 .9 4 2
M all, e k p „ e tc.
2.*373,893
2 ,3 8 0,04 7
T ot. e »rn ln g e
R rpen ses M’ t o f w a v, A o.
M otive jio w e r.
M;ilnL o f ca rs.
T ra n sp e rta t'n .
M isoeflaneotis.

2 0 .1 3 8 ,9 7 7

2 4 .0 4 9 ,5 3 5

2 0 ,6 8 1 ,5 9 7

1 8.0 1 1 ,0 3 7

3 ,2 7 4 .0 4 3
4 ,8 6 6 .2 5 3
962*204
4 ,0 1 4 .1 7 8
9 ,5 4 0 ,2 6 7

3 .0 1 8 .7 1 9
4 .2 1 1 .5 * 7
0 55 ,01 3
3 ,4 1 4 ,7 * 5
2 .1 2 5 ,0 5 4

2 ,8 0 7 ,1 5 2
3 ,9 1 1,14 8
8 81 ,4 0 2
3 ,2 0 0 ,5 1 0
1 ,7 7 0,79 6

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

T otex p en ses
Nut e a rn in g * ..
Per o*t o f o p e r.
o r p . to earaa
Ia L o n qepoAite,
b o n d f, e t c . . .

1 5.0 03 ,6 0 5
1 0,475,372

1 3.7 4 5 ,7 5 9
1 0 ,3 0 3 ,7 7 0

1 2.5 7 4 ,0 1 5
8 .1 0 7 .5 8 2

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

5902
4 2 3 ,3 0 7

3 7 '1 0
3 4 0 .-0 6

0O'8O

0 0 -5 0

.511,165

5 5 2 ,9 1 2

T o ta l................
1 0 ,8 9 8 ,7 3 9
1 0 ,0 1 4 ,4 8 2
8 ,0 1 3 ,7 4 7
8 .0 3 3 ,8 6 4
fn t. o i m o r u '8 ,
a n d «»ak. Td^i.
3 ,8 1 5 ,1 1 4
3 ,7 4 0 ,3 9 2
3 .7 2 3 .0 3 0
3 ,7 8 1 ,7 6 6
Iut. o o d e b ^t'k
1 ,0 0 3.07 9
1 ,9 3 7.41 <
1 ,7 - 2 ,2 3 )
1 ,0 8 2,38 7
I n f.o n I . g r .b 'd i
4 3 9 .5 0 3
5 6 1 ,5 6 7
6 6 2 ,1 6 5
006 024
R ent a s . . . . . .
6 1 5 ,6 2 4
0 1 3 ,9 9 5
5 5 6 .1 9 0
5 3 0 ,1 6 0
C o n t n v e n t Int.
203 890
D lvld . o n co m (4) 2 .0 0 i.OOO(4ao)2,0OJ.OOO (2 )1 ,3 0 0 ,0 0 0 ( l 1*) 9 75.01)6
D lvld . o a p r e f . ( i )
4 7 2 .7 J 8 M l 3 6 4 ,0 2 8 (4) 3 1 2 ,4 1 6 (4) 2 5 6 ,9 0 0
T o t a l . -------9 .3 1 7 ,0 2 9
B a l a n c e ...........s iir .1 ,0 5 1 ,7 1 1

9 ,7 4 7 ,3 9 3
s n r .3 9 7 ,0 8 9

8 ,5 2 4 ,9 2 0
7 ,8 9 1 ,4 3 8
s u r .9 3 ,8 2 7 sa r. 1 4 2 ,4 2 6

t On w h ich e a r n in g . and o p e r a t io n s hero g iv e n a re b a sed .

itALANCE SHEET DECEHUEa 31.
4t ttit -

1 89 8 .

3

1 897.

3

C u«t o f r o a d ......... ...................... 1 9 2 ,7 0 7 ,6 0 0 1 7 9 ,07 1 ,2 7 1
E qu ip m en t ...............................
2 1 ,0 9 3 ,3 9 2
l o o t ? , 6 26
-llo a m ih lp & a p p irton m ce s
4 ,7 0 1 ,1 3 2
4 ,1 1 9 .6 7 1
S ecu rities hold »< st stk. Iss'd
2 5 .0 9 0 .6 9 2
2 3 ,0 9 9 ,2 7 3
O th e r a cq u ire d s e cu ritie s ___
2 .1 9 2 ,1 0 '.
2 ,1 9 2 .1 6 2
R »a l e sta te an 1 h o t e ls ...........
1 , ‘- 5 0 ,5 2 7
1 ,2 3 7 ,5 7 0
D ue o n la n d s » o l d ................
1 ,9 0 2 ,0 5 2
1 ,4 0 7 ,2 5 6
D ie o o to w n sites ...................
2 0 9 ,2 9 5
2 1 4 ,2 0 4
A d v a n ce s t o r a ilr o a d s .............
1 ,2 0 3 ,8 1 3
1 ,9 7 2 .8 5 2
M aterials and s u p p lie s .........
2 .5 4 1 ,4 1 0
1 ,9 2 1,09 0
9 tatlon A traffin b a la n c e s .A c
3 ,5 0 5 ,0 3 3
2 ,2 8 1 ,7 9 9
M lsc. se cu ritie s A a d v a n ce s .
1 ,5 2 0 ,8 9 s
1 ,0 3 1 ,8 2 5
D a e t o r m i ll tra n sp ’ r t a f n .A c
1105,781
2 2 9 ,8 5 1
Dora. G o v 't , a n co n n t C ro w '*
N est E x t e n s io n ......................
t8 2 2 ,5 2 9
4 5 3 ,7 5 0
Cash .............................. .............
4 ,14 ,228
4 ,0 6 9 ,1 6 2
T otal a ssets.......................... ’ 2 0 1,0 3 1,200
Liabilities —
C ap ita l s t o c k ..............................
8 5 ,0 0 9 ,0 9 0
P referred s t o c k ........................
20,951.001)
C on sol, d e b e n tu re s t o c k ___
4 3 ,0 3 1 ,8 0 7
B onds (see r s v e s t , S tn -iy i, . .
0 6 ,5 0 2 ,5 8 8
C u rre n t lia b ilitie s ..................
4 .566,231
In te re st a n d r e n t a l s .............
1,85 '.0 4 7
S u b sid y an d b o n u s e s ...............
2 0 ,1 2 6 .3 7 8
F o r land Krauts a n d to w n s i's
2 1 ,4 3 * .4 3 5
M is c e lla n e o u s ..................
7 5 ,0 3 7
S u rp lu s ea rn in g s a c c o u n t . . .
6 ,4 6 2 ,0 2 3
T o ta l lia b ilitie s ...................

2 0 4 ,0 3 1 ,2 0 0

1886.
8
1 7 5 ,8 8 1 ,7 9 2

18.791.150
3 ,5 3 3 ,0 9 0
2 2 ,9 8 1 ,2 0 1

2 , 102,102

1 .1 7 5 ,5 9 0
1 ,3 9 8 ,3 9 3
22-5,221
3 ,1 9 4 ,7 1 8
1 ,7 0 3 ,4 9 4
2 ,2 7 3 ,7 0 0
1 ,8 1 1 .6 7 0
1 1 1 ,63 5
4 ,3 0 0 ,9 2 1

2 4 5 ,7 8 0 ,3 3 0

2 3 9 ,7 3 5 ,6 6 5

65.000,000
9.830,867
40,055.870
08,509,590
3,155,814
’ 0,803,938
20,809,012
76.637
5,694 708

1 ,8 7 1 ,0 1 8

6 5 ,0 0 0 ,0 0 0
9 .0 0 5 ,0 6 7
4 6 ,3 4 7 ,8 4 3
0 6 ,5 1 1 ,0 8 6
2 .4 3 8 ,0 3 1
1 ,7 4 1 ,7 8 0
7 0 ,2 5 0 ,9 1 8
20,ry2S,525
7 5 ,6 3 7
3 .7 8 0 ,1 7 7

2 4 5 ,7 8 6 ,3 3 0

2 3 9 ,7 3 5 ,6 0 5

■ In a ld lt lo n t o a b o v e a sse ts th e c o m p a n y o w n s 1 7,1 5 1 ,1 7 9 a c r e s o f
la n d , I S in ce p a id .—V. 6 8, p . 3 7 0 .

THE

520

CHRONICLE

Missouri Pacific Railway Company.
{Report fo r the year eniing Dec. 31, 1898.)
P r e s id e n t G e o r g e J . G o u l d sa y s :
Improvements, Etc .— T b e p h y s ic a l im p r o v e m e n t o f th e
p r o p e r t ie s has r e c e iv e d c a r e f u l a tt e n t io n d a r i n g th e p i s t
y e a r , n o t o n ly b y in c r e a s e d e x p e n d it u r e f o r n e w s t a n d a r d
s te e l r a ils a n d s te e l b r id g e s , b u t n e w e q u ip m e n t has b e e n
s u p p lie d , n a m e ly : 25 l o c o m o t iv e s , 2,510 o o x c a r s a n d 500
c o a l c a r s , n e a r ly o n e -fo u r t h o f th e c o s t o f w h i c h h a s b e e n
p a id f r o m th e c u r r e n t r e v e n u e d u r in g th e p a s t y e a r , a u d th e
b a la n c e a rra n g e d f o r s e tt le m e n t, m o n t h ly , d u r in g th e n e x t
f o u r o r fiv e y e a rs. [ N e w 75 p o u n d s te e l r a il w a s la id o n 200
m ile s o f tr a c k o n m a in l in e s ; sid e tr a c k f a c ilit ie s w e r e in
c r e a s e d 12 m ile s ; 65 m ile s o f t r a c k w e r e n e w l y b a lla s t e d ;
2,189,761 c r o s s tie s a n d 844 s w i t c h tie s w e r e la id ,]
B r a n c h Lines Acquired .— U n d e r d a t e o f J u n e 30 th e c o m ­
p a n y a c q u ir e d th e c a p it a l s t o c k o f th e C e n tr a l B r a n c h U n io n
P a c ific R y . (A tc h is o n t o W a t e r v ille , K a n .), a n d s in c e th e c lo s e
o f th e y e a r a r r a n g e m e n ts h a v e b e e n m a d e f o r th e p u r c h a s e
o f th e a sso c ia te d lin es, th e A t c h is o n C o lo r a d o & P a c i f i c R R .,
254-79 m ile s, a n d th e A t c h is o n J e w e ll C o u n t y & W e s t e r n
R R . , 33'40 m ile s. T h is a r r a n g e m e n t w i l l s t r e n g t h e n th e
s y s te m o f lin e s in K a n s a s , a n d c o m p le t e ly c o n n e c t th e o u t ­
l y in g p ro p e rtie s.
Iron Mountain.— T h e e a r n in g s f r o m t h e I r o n M o u n t a in
w o u l d h a v e e n a b le d th e p a y m e n t o f a 4 p e r c e n t d iv id e n d ,
b u t th e p o l i c y in d ic a t e d in la s t y e a r ’ s r e p o r t h a s b e e n f o l ­
lo w e d , le a v in g th e m o n e y r e s e r v e d f o r fu r t h e r p h y s ic a l im
p r o v e m e n t. T a e w o r k o f a d ju s t m e n t o f g r a d e lin e t o a s ix te n th s o f o n e p e r c e n t g r a d e w a s c o m m e n c e d a n d p r a c t i c a lly
c o m p le t e d at V a riou s p la c e s , a g g r e g a t in g a b o u t 11 m ile s , th e
c o s t o f w h ic h w a s in c lu d e d in th e o p e r a t in g e x p e n s e s ; th is
w o r k w ill b e r e s u m e d w it h th e a d v e n t o f o p e n w e a t h e r a n d
b e p o s h e d v ig o r o u s ly .
financial .— ->ince J a n u a r y 1 a r r a n g e m e n ts h a v e b e e n m a d e
t o p a y o ff a ll I r o n M o u n t a in b o n d s p r io r in lie n t o th e g e n e r ­
a l c o n s o lid a te d r a ilw a y a n d la n d g r a n t m o r t g a g e ; th e
la tt e r m o r tg a g e th u s ta k in g t h e p la c e o f th e p r io r lie n s s o
r e tir e d .
V ic e -P r e s id e n t W a r n e r sa y s in p a r t :
Freight Traffic. - R e t u r n s f o r 1898 s h o w a m a t e r ia l in ­
c r e a s e in t o n n a g e c a r r ie d , w it h a s lig h t d e c r e a s e in p e r -to n m ile ra te w e s t o f S t. L o u is , th e la t t e r d u e c h ie fly to s h a rp
c o m p e t it io n o n e x p o r t g r a in , p a c k in g h o u s e p r o d u c t s and
lu m b e r . T h e m o v e m e n t o f e x p o r t g r a in w a s la r g e ly d iv e r te d
f r o m th e G u l f p o r ts t o th e A t l a n t i c S e a b o a r d , a t t r ib u t a b le
t o a g r e a t e x t e n t t o th e s h a r p c o m p e t i t io n o f lin e s ea st o f th e
M ississip p i. T h is a n d s o m e w h a t s im ila r c o n d it io n s t h r o u g h
B e lm o n t a n d M e m p h is r e s u lt e d in a d e c r e a s e in t o n n a g e o f
b u lk g r a in o f 191,000 to n s. P a c k in g h o u s e p r o d u c t s m o v e d
in g r e a t e r v o l u m e th a n in 1897. T h e m o v e m e n t o f c o t t o n
o v e r th e I r o n M o u n ta in in c r e a s e d 35,511 to n s , b u t s t ill d id
n o t m eet g e n e r a l e x p e c ta t io n s . In th e g e n e r a l im p r o v e m e n t
in c o n d it io n s in th e W e s t , th e m o v e m e n t o f m a n u fa c t u r e s
a n d m e r c h a n d is e w a s g r e a t ly s tim u la t e d , a n d o n th is c la s s
o f r e m u n e r a tiv e tr a ffic , th e M is s o u r i P a c ific s h o w s a g a in
o f 64,076 to n s, th e I r o n M o u n t a in S8.956 ton s.
Traffii Statistics.—The f o l l o w i n g ta b le s c o m p ile d fr o m th e
c o m p a n y ’s r e p o r ts s h o w s th e c h a n g e s in t o n n a g e o f p r i n c i ­
p a l a r tic le s c a r r ie d , a n d o t h e r s ta t is tic s :
M ISSO U R I P A C IF IC R V .— TONS C A R R IE D (OOOs O m i t t e d ) .
T ea r.
Total.
L u m b er.
L iv e slock.
B u lk g r a in .
Goal.
1 8 9 8 .. ..5 .8 3 9 44n (7*6%) 4 8 0 (8*2%) 1 ,1 5 6 <19 8% ) 1,371 (23*5%;
1 8 9 7 .. ..5 .5 0 2 4 3 0 (7 * 8 % ) 4 8 1 (8 * 7 % ) 1 ,1 7 1 (21-0% ) 1 ,2 4 5 (23-6%;
1 8 9 6 ...4 ,6 8 7 338 (7*2%) 4 2 0 (8 9% )
8 7 4 (18-7% ) 1 ,1 9 2 (25'4% ;
1 8 9 5 .. ..4 .3 7 9 3 3 0 (7*5%) 3 64 (8*3%) 5 4 0 (1 *2 *4% ) 1 ,1 6 0 (26*5%
1 8 9 4 .. ..4 .3 2 6 3 1 8 (7 *4 % ) 3 6 7 (8*5%) 7 9 7 (18*4%) 1 ,0 1 5 (23*1%)

ST. LOUIS IRON MOUNTAIN * SOUTHERN (0003 o m ll t e d ) .

Tear.
Total.
1 898 .. ..4 ,7 2 0
1 8 9 7 ...... 4 ,2 5 8
1 8 9 6 ...........3,731
1 8 9 5 .......... 3 ,6 0 5

L u m b er.
1 ,1 8 9 (2 5 *2 % )
1 ,0 3 5 (2 4 * 3 % )
9 2 6 (21*8%)
961 (26*7%)

L iv e slock
1 4 0 (3 *0 % )
1 8 2 (4 *3 % )
1 9 7 (5 *3 % )
178 (4*9%)

B u lk g r a in .
Coal
302
(6*4%)4 7 6 (loT<X
4 7 9 (1 1 * 2 % )
3 4 6 (8*lS
346
(9*3%) 3 1 4 8*44
187
(5*2%) 3 4 9 (9*7^

Statistics.—The statement of operations and earnings c
the combined Missouri Pacific and dt. L. I. M. & So. system
for three years is as below given. The Central Br. Unio
Pac. Ry.. Atch. Col. Sc Pac. RR., At. Jew. C o .& W. RE
and the Ark. & La. Ry. results are not included:
OPERATIONS AND FISCAL RESULTS OF MO. PAC. AND ST.

1898.
4 ,9 3 8

.. I. M. ifc SO.

1897.
4 ,9 3 8

1896.
4 ,9 3 8

3 ,4 6 4 ,1 3 7
1 8 1 ,6 9 6 ,4 7 0
2*201 ots.
8 ,4 3 8 ,5 0 9
2150159677
0*843 ots.
$
1 8 ,1 19 ,3 1 1
3 ,9 9 9 ,8 4 3
1 ,0 1 5 ,4 1 7
4 1 3 ,4 2 6
60,0 59
1 ,1 9 7,39 6

3 ,7 0 0,30 1
1 8 0 ,08 7 ,7 1 2
2*233 ots.
7 ,4 0 4 ,0 4 8
1 7 8 2 4 13 9 1 3
0*865 cts.

T o ta l ea rn in g s ........................ 2 6 ,7 4 4 ,8 2 2
E xp en ses—
T ra n s p o rta tio n .............................
7 ,8 6 6 ,0 3 7
M o tiv e p o w e r ............................
5 ,0 9 7 ,0 4 0
M ain ten a n ce o f w a y ................... 3 ,9 1 9 ,6 7 7
M a in ten a n ce o f o a rs ...................
1 ,7 2 1 ,9 3 9
G e n e ra l............................................
5 0 7 ,8 5 5

2 4,8 05 ,4 5 1

2 2 ,0 1 1 ,9 6 0

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

6 ,6 4 3 ,4 1 6
4 ,2 9 8 ,0 3 3
3,710,35*1
1,2 9 9,68 4
5 3 9 .8 4 2

T o ta l ......................................... 1 9,1 7 2 ,5 6 8
N et e a r n in g s ............ .................... 7 .5 7 2 ,2 5 4
B a tlo o f o p . e x p e n se s to ea rn s.
71*687

1 7 ,4 5 4 ,1 1 1

M iles o p e r a te d ...........................
O p e ra tio n sP a ssen g ers o a r r i e d ....................
3 ,8 9 8 ,°0 9
P a sse n g e rs oa rried o n e m ile .. .2 2 3 ,3 6 4 ,4 0 5
B a te p e r p a ss en g er p e r m ile ... 2*104 ots.
F re ig h t (tons) c a r r ie d ................
9 ,4 3 1 ,7 2 3
F re ig h t (tons) ca rried on e m lle2 2 7 2 3 4 7 3 7 4
B a te p e r to n p e r m ile ................. 0*844 ots.
E a rn in g s
*
F ro m fr e ig h t................................... 1 9,1 8 3 ,8 9 9
F rom p a ss e n g e rs ..........................
4 ,0 9 9 ,1 7 s
F ro m m a lls .....................................
1 ,0 5 9 ,3 1 3
F ro m e x p r e s s .................................
4 7 1 ,3 6 9
F ro m re n ts ..................................
61,968
F ro m m is c e lla n e o u s ...................
1 ,2 6 9,09 5

5 7 6 ,0 2 2

7 ,3 5 1 ,3 4 0
70*361

$

1 5,4 13 ,9 1 2
4 ,0 2 2 .1 8
1 ,0 0 0,95 2
4 3 0 ,2 9 0
5 9 ,9 1 7
l,0 8 4 ,7 o 2

1 6,4 9 1 ,3 2 5
5 ,5 2 0 ,6 3 6
74*920

[V ol . LXVIII.

T b e c o n s o lid a t e d in c o m e a c c o u n t s o f th e M o . P a c . a n d St.
L . 1. M r. & S o . a n d le a s e d a u d o p e r a t e d lin e s ( e x c lu d in g C e n t.
P a c . a n d A r k . & L a . R y .) h a v e b e e n a s b e lo w g iv e n :
CONSOLIDATED INCOME ACCOUNT OF MO. PAC. AND ST. L. I. MT. * SO.

1 89 8 .

1 89 7 .

1 89 6 .

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

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

N e t e a rn in g s .................................
O th er In com e, d iv ., in t., & o ___

7 ,5 7 2 .2 5 4
8 3 5 .4 3 5

T o t a l ...........................................
D ed u ct—
I n t e r e s t o n b o n d s .........................
R e n t a ls .............................................
T a x e s .................................................
S u n d ry a m o u n t s ..........................

8 ,4 0 7 ,6 8 9

8 ,1 7 7 ,6 1 2

6 ,0 5 3 ,1 2 8

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

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

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

T o t a l...........................................
7 ,2 2 7 ,7 9 0
7 ,6 8 2 ,4 9 0
7 ,3 1 4 ,8 8 9
B a la n c e ......................................... s u r.1 ,1 7 9 ,8 9 9 su r.4 9 5 ,1 2 2 d e f.1 ,2 6 1 ,7 6 1

T h e s t a t e m e n ts o f t h e M is s o u r i P a c ific R a i l w a y s y s te m
a n d o f th e S t. L o u is I r o n M o u n t a in & S o u t h e r n R a i l w a y s y s ­
t e m , s e p a r a t e ly , a r e g iv e n b e lo w f o r th r e e y e a r s .
M IS S O U R I P A C I F I C R A I L W A Y A N D B R A N J H E S .
E A R N IN G S A N D E X P E N S E S .

1 89 9 .
3 ,1 6 4
$
2 ,5 4 6 ,4 9 0
9 ,6 9 1 ,7 4 2
1 ,8 7 3 ,0 4 5

1 89 7 .
3 ,1 6 4
$
2 ,1 0 8 ,9 5 5
9 ,1 2 8 ,6 6 3
1 ,7 4 7 ,5 47

1 89 6 .
3 ,1 6 4
$
2 ,0 5 4 ,1 6 4
7 ,3 5 5 ,3 6 8
1 ,6 5 5 ,9 5 0

T o t a l.......................................... 1 4 ,1 1 1 ,2 7 7
E xp en ses—
4 ,3 7 2 ,2 7 4
M o tiv e p o w e r ...............................
2 ,9 7 0 4 1 3
M a in te n a n ce o f w a y ..................
2 ,2 0 5 ,4 1 0
M a in te n a n ce o f c a r s ...................
9 0 5 ,3 7 6
G e n e ra l............................................
2 9 8 ,5 1 8

1 2 ,9 8 5 ,1 6 5

1 1 ,0 6 5 ,3 9 1

3 .8 1 3 ,1 9 4
2 ,7 3 0 ,5 7 5
2 ,0 0 *, 415
8 8 3 ,6 8 2
2 8 7 ,3 6 6

2,4**6,417
2 ,0 8 5 ,1 4 7
7 4 1 ,6 3 4
2 8 4 ,9 5 1

T o t a l.......................................... 1 0 ,9 4 1 ,9 9 0
N et e a rn in g s ................................
3 ,2 6 9 ,2 8 7
P e r ce n t o f o p . e x p . t o e a rn s ..
76832

9 ,7 3 8 ,2 3 2
3 ,2 4 6 ,9 3 3
74*995

9 .0 5 2 ,4 6 5
2 ,0 1 2 ,9 2 6
8 1 -8 0 9
1896.
$
2 ,0 1 2 ,9 2 6
4 9 4 ,8 1 4

M iles o p e r a te d D e c e m b e r 3 1 ..
E a r n in g s —
P a s s e n g e rs .....................................
F r e ig lit ............................................
M a il, e x p r e s s a n d m is o e lla n ’ s..

INCOME ACCOUNT.

R eceip ts—
N e t e a rn in g s, as a b o v e .............
D iv id e n d s , in t .,r e n t a ls , & o ___

1 89 8 .
$
3 ,2 6 9 ,2 8 7
7 9 0 ,5 8 0

1 89 7 .
$
3 ,2 4 6 ,9 3 3
7 8 7 ,8 5 2

T o ta l n e t in c o m e ......... ........
D is b u rsem en ts—
I n te re s t o n b o n d s ........................
I n te re s t an d e x c h a n g e .............
T a x e s .................................................
R e n t a l s ............................................
O th er c h a r g e s .......................... .

4 ,0 5 9 ,8 6 7

4 ,0 3 4 ,7 8 6

2 ,5 0 7 ,7 4 0

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

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

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

T o t a l d isb u r se m e n ts ...........
B a la n ce f o r y e a r ..........................

4 ,0 5 2 ,2 2 0
sur. 7 ,6 4 7

3 ,9 4 0 ,9 7 1
3 ,9 5 8 ,3 5 6
s u r.9 3 ,8 1 5 d e f.1 ,4 5 0 ,6 1 6

GEN E RAL BALAN CE SHEET D ECEM BER 3 1 .

1 89 8 .
A ssets—
$
C o st o f r o a d a n d e q u ip m e n t ... 5 3 ,1 9 4 ,4 8 8
In v e stm e n ts in s to c k s & b ’ d s . 5 6 ,3 0 5 ,0 6 1
M . P . 5 p .o . I’ d n o te s in tre a s ’ y.
1 ,4 1 4 ,0 0 0
St. L . I. M. & So. f ’ d n o te s d o .. .
4 9 5 ,0 0 0
M a terials & su p p lie s o n lia n d .
8 4 7 .2 8 4
C a s h ........................................ ..........
9 82 ,72 1
S u n d ry a o e o u n ts c o l l e c t i b l e ...
2 ,1 5 1 ,1 3 3
M is ce lla n e o u s a c c o u n t s .............
6 5 3 ,1 1 8
I n c o m e a c c o u n t ( d e f .) ................

1897.
$
5 2 ,0 3 8 ,8 8 2
5 6 ,5 1 0 ,1 7 4
1 .4 1 4 .0 0
1 .2 6 6 .0 0 0
8 0 0 ,5 1 9
1 .0 8 8 ,4 9 1
2 ,1 9 7,3 8 0
4 1 2 ,7 2 3

1 89 6 .
$
5 1 ,3 5 7 ,1 6 4
5 6 ,5 1 9 ,2 2 1
1 .4 1 4 .0 0 0
1 .2 6 2 .0 0 0
7 4 <,952
4 9 9 ,0 3 4
1 ,9 9 9 ,1 7 4
4 7 9 ,1 5 2
6 5 ,6 2 8

T o t a l a s s e ts .............................. 1 1 6 ,0 2 3 ,0 0 5
L ia b ilitie s —
S to c k ................................................. 4 7 ,4 4 7 ,0 7 5
F u n d ed d e b t (see I n v . S c p p .). 6 2 ,1 3 8 .0 0 0
In te re s t d u e an d a c c r u e d .........
9 8 0 ,0 8 8
A c c o u n ts p a y a b le ........................
4 ,3 6 1 ,6 4 4
L o a n s p a y a b le ...............................
5 0 0 ,0 0 0
M is c e lla n e o u s ...............................
5 6 0 355
I n c o m e a c c o u n t (s u rp lu s )........
3 5 ,8 4 3

1 1 5 ,7 5 8 ,1 6 9

1 1 4 ,3 3 9 ,3 2 5

4 7 ,4 4 2 ,3 7 5
6 2 ,1 3 8 ,0 0 0
9 9 4 ,8 5 3
3 ,3 8 ,6 5 3
1 ,3 2 5 ,8 5 1
4 90,2 51
23,1 98

4 7 ,4 4 2 ,3 7 5
6 2 ,1 3 8 ,0 0 0
9 8 7 ,8 1 0
2 ,3 0 i,1 6 1
1 ,3 2 5 ,8 5 0
1 42 ,12 9

T o ta l lia b ilit ie s .................... 1 1 6 ,0 2 3 ,0 0 5

1 1 5 ,7 5 8 ,1 6 9

1 1 4 ,3 3 9 ,3 2 5

ST. L O U IS IR O N M O U N T A IN & S O U T H E R N R A I L W A Y .
E A R N IN G S A N D E X P E N S E S .

1 898.
1 ,7 7 4
$
2 ,1 5 2 ,6 8 7
9 ,4 9 2 ,1 5 7
9 8 8 ,7 0 1

1 89 7 .
1 ,7 7 4
$
1 ,8 9 *,838
8 .9 9 0 .H 7
9 3 8 ,7 5 0

1896.
1 ,7 7 4
$
1 .9 6 7 ,9 7 4
8 ,0 5 8 ,5 4 3
9 2 0 ,0 5 2

T o ta l e a r n in g s ..................... 1 2 ,6 3 3 ,5 4 5
E x p en se s—
T r a n s p o r ta tio n ...........................
3 ,4 9 3 ,7 6 3
M o tiv e p o w e r ..............................
2 ,1 2 6 ,6 2 7
M a in te n a n ce o f w a y ...................
1 ,7 1 4 ,2 6 7
M a in te n a n ce o f o a r s ............
7 2 6 ,5 8 3
G e n e r a l............................................

1 1 ,8 2 0 ,2 8 5

1 0 ,9 4 6 ,5 6 9

3 ,1 8 5 .7 9 9
2,1*28,419
1 ,4 6 0 ,6 8 5
652 ,32 1

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

7 ,7 1 5 ,8 8 0
4 ,1 0 1 ,4 0 5
65*277

7 ,4 3 8 ,8 *>9
3 ,5 0 7 ,7 1 0
67*956

1897.
$
4 ,1 0 4 ,4 0 5

1 896.
$
3 ,5 0 7 ,7 1 0

M iles o p e ra te d D e c e m b e r 3 1 ..
E a r n in g s fro m —
P a ss e n g e rs .....................................
F r e ig h t ................................. ...........
M ail, e x p r e ss & m iscella n eou s

T o ta l e x p e n s e s ..............
N e t e a r n in g s ............................
P e r ce n t o f op . e x p . t o e a r n s ..

8 ,3 3 0 ,5 7 9
4 ,3 0 2 .9 6 6
65*940

INCOME ACCOUNT.
1893.
$
4 ,3 0 2 ,9 6 6

R eceip ts—
N e t e a rn in g s, as a b o v e ........
O th er r e c e ip t s ......... .......

T o ta l n*>t in c o m e ........
D isb u rsem en ts—
In te re s t o n b on d s. . . .
T a x e s ........................
R e n t a l s ................. .
C ar tru st, int. & e x e l i , & o„& o.

4 ,3 4 7 ,8 2 2

4 ,1 4 2 , = 22

3 ,5 4 5 ,3 8 7

2 ,2 8 7 ,7 5 8

2 ,3 7 8 ,8 5 0

2 ,5 1 6 ,4 7 6

* 7 1 0 ,6 9 4

1 8 5 ,8 6 2

2 « 2 ,4 3 7

T o ta l d isb u rse m e n ts...........
3 ,1 7 5 ,5 7 9
B a la n ce f o r y e a r ....................... s u r.1 ,1 7 2 ,2 4 3

3 ,7 4 1 ,5 1 8
3 ,3 5 6 ,5 3 4
su r.4 0 1 ,3 0 4 sur. 1 8 8 ,8 5 3

* $ 4 9 3 ,0 0 0 o f tills is co m m issio n s, e t c ., in e x t e n d in g b on d s.

THE

M arch 18, 1899. J

CHRONLCLE.

GENERAL BALANCE SHEET DECEMBER 31.
189S.
Ansels—
9
C o st o f r o a d ’an d e q u ip m e n t... 6 9 .0 6 3 .5 6 8
L a n d g r .n t a ......... .........................
1.817 3 9 5
In v e e tm ’ w In s to c k s A b o n d s ..
8 ,2 7 0 ,8 0 9
F i r e p .o. fu n d V n o te s in t r e a s ..
7 7 1 .0 0 0
C ash o n h a n d ......................
1 3 5 ,7 6 2
A rk a n s a s la n d g ra n t a c o 't s ----1 3 5 ,2 3 6
11.653
M isso u ri la n d gran t a c e 't a .......
L ittle R o o k A Ft. S m ith B y . . . .
3 2 3 .5 4 6
D a e fro m Mo P a c., o u r 'l a e o 't.
350
S u n d ry R R s., in d iv id u a l*. A c .6 a ,391
M is c e lla n e o u s ....................
5 8 ,6 2 8

1897.
*
6 8 .1 6 3 ,3 8 8

1,871,015
8 ,1 9 1 ,9 0 7

1 89 6 .
*r
6 8 ,1 3 8 ,0 3 3
1 ,8 8 7 ,0 2 4
6 ,6 1 0 ,6 9 3

1 5 1,2 7 7
2 0 1 .3 4 6
1 2 .2 9 3
3 4 1 ,3 5 6
2 07 ,26 1
7 1 .7 2 9
3 2 ,6 2 1

1 3 9 ,9 2 3
2 1 9 ,5 8 1
15,111
3 0 1 ,2 0 0
6 3 ,1 9 6
4 6 ,6 5 8

T o 'a l a ss e ts ........... ............... 8 0 ,6 6 1 ,3 4 1

7 9 ,2 5 8 .1 9 6

7 7 ,4 4 1 ,4 2 0

S to c k ................................................ 2 5 ,7 3 5 ,1 1 5
F u n d e d d e b t (see I n v e s t . S o t .) 4 7 ,5 5 8 ,5 4 3
6 * 3 ,0 0 0
C ar tru sts.........................................
1 ,8 5 0 ,0 0 0
L o a n to refu n d b o n d s .. ............
6 2 4 .5 1 7
In te re s t d u e an d a c c r u e d .........
D a e M o. Pxo. c u rre n t a c c o u n t .
1 7 9 ,5 1 7
R e n ta ls gu a ra n teed , a c c r u e d ..
M ls ce lla n e o a s a c c o u n ts .............
7 4 6 ,3 * 0
In co m e a c c o u n t ............. .................. 3 ,2 2 4 ,2 4 2

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

2 5 ,7 8 8 .8 1 5

17(1672
3 0 ,2 4 4
2 .0 5 1 .9 9 8

8 1 3 .1 6 7
1 66 ,38 4
1 7 s ,672
6 .471
1 ,6 5 0 ,6 9 4

T o t a l lia b ilities......................
- T . 6 8, p. 474.

7 9 ,2 5 8 ,1 9 6

7 7 ,4 4 1 ,4 2 0

Liabilities

8 0 .6 6 1 ,3 4 4

47,500,216
1 ,2 4 2 ,0 0 0

Chicago St. Pant Minneapolis 4 Omaha Railway Co.
(R eport fo r the year ending Dec. 31. 1808. J
The passenger earnings increased 3’3’Ot per cent and the
freight earnings 8-39 per cent. The aggregate amount of the
funded debt is unchanged. Daring the year Chicago St, Panl
& Minneapolis Railway first mortgage bonds, amounting to
$347,000, were exchanged for alike amount of Chicago St,
Paul Minneapolis <&Omaha consols. The length o f wooden
bridging was decreased 8,743 feet, and there were 59-51 miles
of new steel, 80 pounds to the yard, laid on main.lines.
Statistics. — Che folio a tag statistics for four years hare
been com piled la the usual form tor the C hronicle :
OPERATIONS AND FISCAL RESULTS.
1897.
1396
1893.
1,492
1,402
1*493

O p era tion * —
P a sse i g er* ca rried

1895.
1,492

1,478,094
1,522.5*29
1,709,713
1,544.387
Passenger mileage. 36.053,*17 60,778,371 71.277.738 09.425/274
R ate p er p ass, p in
2-378 ct*.
■2 .1(5 ct*.
2-45 > ot*.
2-479 ota.
F re ig h t (io n s ! c a r ’ d
4,337,958
3.772.439
3,549/79 3
3,141,062
F re lg b id o n s ) mlt’ge731,347,1 7 1 647.845.304 574.115.415 465,645,802
A v .r a te p e r r o n p .m
1 0 0 7 ota.
1 0 4 2 ot*.
0 967 ot*.
1*150 et*.
E a r n in g »—
«
9
*
9
P a ssen g er
...........
2,000,659
1.639,359
1.891.339
1,721,130
Freight................
,000.422
0.522.423
5,354, V05
5,983,440
520,910
M a ll, e x p r e s s , A c ...
401*000
477,413
43*3,429
T o ta l gross earn.

9,590,992

8,052,793

8,159,192

7,508,704

W a y a n d stru ctu re*.
E qu ipm ent* . . M

1,091,233
1,1*5.300
2,684.570
l!'-*,6!»7
351,701

1,333,933
■1,214,550
2,055 405
201,152
332.405

1.207,067
6 7 0 .0 8 i
2.739,170
198,565
321,248

934,132
8 «0 ,I8 3
2,299,204
440.864
306,769

6,091,563
3,499,429
63 51

5 ,737,445
2,915,347
66 31

5,137,034
3,019,158
62-98

4,836,652
2,672,112
64-41

1896.

$

3,019,158

1895.
8
2,672,112

Lbcpcn***—

.

G en era l.
T a x e s ...

.
Net earn lu g s ...

P.e.ot op.ex.to earn

}5 "equipm ent fn nd."
is co m * Acoom rr.
1898.
1897.
R eceip t*—
0
8
N et e a rn in g *____ _
3,499,429
2,915,347

521

general revival of confidence having stimulated all descrip­
tions of trade. Gross earnings show an increase of $417,854,
or 5% per cent, and net earnings an increase o f $188,393, or
" ’43 per cent. Two-thirds of the increase in gross traffic can
be credited to passenger traffic. There was an increase in
the number of passengers carried one mile of 26 43 per ceat.
Maintenance—Netc Line.—The road has been carefully
maintained and only such renewals, replacements and im­
provements introduced as would properly fulfill the man­
datory requirements o f your mortgages, and enable your
road to efficiently handle its increasing traffic. A large
amount of permanent work, however, was performed. That
portion of the main line between Shreveport, Louisiana, and
the State line of Texas, a distance of aoout 19 miles, has
been operated under lease which terminated on Jan. 1, 1899.
In view o f this, the company bailt during the year a
line o f its own bet ween the points named. The entire cost,
$161,694, was charged to new construction.
Financial Condition.— There was purchased during tin
year for the maintenance of the property, at a cost of $706,265—5 253 tons steel rails and fastenings, $100,368; 900 box
cars, $455,056; 100 coal cars, $43,563; 10 freight locomotines,
$87,380; 3 passenger locomotives, $31,000. All of the fore-,
going was paid for in cash, with the exception of 500 box
ears, for which notes were issued. On Jin. 31, 1899, these
notes were all discounted and retired, and the debt canceled,
leaving the.company with no equipment obligations what­
ever outstanding.
Dnriag the year the sinking fund, provided for the re­
demption of the first mortgage Eastern Division bonds, was
revived, and under its provisions the trustees of the mort­
gage on Oct. i. 1893. drew by allotment $433,000 of bonds at
par. The treasury will be benefited to the extent o f the pre­
mium the first mortgage 5s issued in their stead command
in the market. By the retirement of the above bonds and
the cancellation o f the Texts school fund loan the company
is relieved of an annual interest charge o f about #5,600.
Statistics.—The comparative statistics of operations, earusings. income aeconnt, and the general balance sheet, for fonr
years, have been compiled for the C hronicle as follow s:
FREIGHT CARRIED (000 OMTTTED).
Total
tons.
T ear.
1 898.......
1897____...2 ,3 6 7
1 8 9 8 ..........1 ,8 7 5
1 895.......

L ir e
L u m b er. •lock.
G rain . Ootton.
117
328
272
186
2 79
522
177
179
238
135
167
287
207
162
12#
217
OPSRATIOK8 AJCD FISCAL RESULTS
1897.
1898.
1 896,
Miles operated... . . .
1,499
1 .4 9 9
1 ,4 9 9

Operationt —

In eb n reem en t* —
R ental* p aid . ___
N et tnt. o n d e b t ___
D iv id e n d * on stock*
A p p r o ’ ll f o r im p ’ s*.

U 1.523
1,393,852
1,437,261
420,173

114,625
1,411,470
1,158,970

113,948
1,405,153
1,158,958

113,048
1,422.930
787.978

T o ta l d ls b o r s ’ ts.
S u rp lu s o f R R . C o ..
N e t fro m land sales

3.362,80*
13P.H21
58,932

2,885.063
230,282
55,191

2.678.257
340,901
1.002

2,323,854
346,258
36,389

T o ta l .................
N e t e a rn in g * .............
P .o . o p a x . to ea rn s.

T o ta l s u r p lu s ...

195,553

295.473

342,563

384,647

GENERAL BALANCE SHEET DECEMBER 3 1 .

1899.

$

Assets—

R o a d an d eq u ip m en t ................. 5 6,5 11 ,9 X 3
B o n d * and s to c k s o w n e d ........... 6 ,6 7 9 ,7 8 9
A d v a n ce s to p r o p r ie t ’ y roa d *.
.............
Cash on b a n d .......................
2 ,9 5 3 ,3 3 1
M aterials and fu el ..................
3 2 2 .4 * 0
S ta tion a gen t*, con dtlot’ re.eto.
3 9 4 ,2 2 2
L a n d g ra n t a c e o a n t s ..................
5 3 8 ,«3 8
T otal a s s e t s ..................

1 897.

$

5 6 .4 0 3 ,5 6 9
6 ,6 * 8 ,5 5 6

2,182.475

1 896.
•
5 6 ,1 6 3 .0 0 3
0 ,5 8 4 ,8 0 5

143,900

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

1 .4 4 4 .0 3 1
6 1 0 ,4 4 1
2 04 .52 8
4 6 2 ,6 2 0

. 6 7 ,4 0 0 ,3 9 5

6 6 ,4 4 4 .9 0 5

6 5 ,6 4 3 ,3 3 4

C om m on s to c k and s crip ........... 2 1 ,4 0 3 ,2 9 3
P re fe r re d s to c k a n d s c r ip ....... 1 2 ,6 40 ,8 3 3
F n n d ed d e b t.................................... 2 4 ,3 1 1 ,1 2 7
I n t e r e - t o n b on d * . . . ...............
2 3 1 ,5 0 6
V o u ch e r* a n d p a y r o l l s .. . . . . .
6 14,9~ 4
D a e to o th e r co m p a n ie s .............
1 8 7 ,59 2
S u p e rio r Short, Line b o n d s .......
1 ,5 0 0,00 0
D iv id e n d * , . ..............................
1,0 1 3,27 3
C e n p o n e o n d d iv id e n d * un p aid
40,2 98
T a x * * ............................. .
...
2 9 6 ,0 3 5
E q u ip m en t fo o d s . . . . . . ............
3 6 8 ,5 6 0
420,173
F nnd f o r im p rov em en t* ........
In co m e a cco u n t. RR. C o .........
2 ,8 2 3 .1 6 7
1 .033,512
In co m e a cco u n t, land d e p ’ tm ’ t

2 1 ,* 0 3 ,2 9 3
1 2.0 4 6 ,8 3 3
2 4 .8 1 1 ,1 2 7
2 3 2 ,1 6 6
5 7 4 ,8 * 4
1 0 4 ,81 0
1,5 0 0,00 0
7 6 4 ,9 8 2
3 4 .5 8 7
2 3 9 ,8 8 6
4 4 2 ,0 8 6

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

2 ,8 8 6 ,5 4 6
1 .003,153

2 ,4 5 6 .2 6 5
9 6 9 ,2 4 3

T o ta l l i a b i l i t i e s . .. ...
- V . 6 8, p. 120.

6 6 ,4 4 4 ,9 0 5

0 5,6 4 3 .3 3 4

Liabililiet —

6 7 .4 0 0 .3 9 5

36,519

1 9 0 ,8 6 3

Texas <fc Pacific Railway.

(R ep ort, f o r the y e a r ending Dec. 31, 1808. J

President George J. Oould says to substance;
Earning*.—The earning* for 1898 reflect a period of excep­
tional prosperity in the Southwest; abundant crops and a

1 895.
1 ,4 9 9

P a ssen ger* ca rr ie d . 1 .2 0 6 ,1 6 2
l . r 0 1 ,8 7 0
9 9 8 ,1 6 1
1 .0 3 7 .7 8 5
P a ssen g er m ile a g e . 7 4 .2 8 1 .3 2 3 5 8 .7 3 8 ,5 8 4 6 0 .1 8 3 .9 9 2 65,61.0,834
R a te p . paas. p. tulle 2-38 ots.
2 -48 Ot*.
2 55 eta.
2 5 3 Ob*.
F re ig h t! t'B M inoved. 2 ,3 5 9 ,8 7 2
2 ,3 6 6 ,6 8 9
1 ,8 7 4 ,7 3 9
1 ,9 8 ,9 3 4
F r o l« h t (t o n * ir a ir g e .5 1 2 ,0 0 4 ,5 3 7 5 * 8 ,3 H , 8 3 0 4 1 4 ,4 7 7 ,2 6 4 4 4 3 ,4 8 8 ,4 4 0
A v . ra te p. t o n p.m . 1-13 ota.
1 0 4 ot*.
1 1 7 et*.
I l l ot*.
Earning*—
8
$
S
*
P » « * « n g o r .................
1 .7 6 8 ,7 7 2
1 ,4 8 3,62 8
1 .5 3 2 .8 4 8
1 ,6 5 9 .3 8 0
F r e ig h t .......................
5 .7 6 * ,6 0 2
5 ,6 8 5 .1 7 0
4 .8 4 7 ,2 0 1
4 ,9 1 4 ,6 4 6
M all, e x p r e ss , cte . ..
4 6 9 .1 3 0
4 3 9 .8 5 0
4 4 5 ,0 9 3
4 4 0 ,7 3 3
T o ta l e a rn in g * ..
O n*rat's exp a n ses—
Mihuatenaoee o f way*
Mai 11ten an or o f oars
M o tiv e p o w e r ........
T r a n s p o r ta tio n . . . . .
T a x e s ......... .............
G en eral e x p e n s e s ..

* 0 n p referred 7 p e r c e n t in a ll th e y e a r s : fr o m ea rn in g * o f 1 896
p a id 2 p e r c e n t on c o m m o n : fro m 1 8 9 7 , 2 p , a,; fr o m 1 8 9 8 , 3 ' e p , o.

STanufr
Goal. .<•M erck.
232
507
179
480
175
895
202
473

R eceip ts—
N e t e a rn in g * .............
O th er re ce ip t*...........
T o ta l In co m e .
nisburM em em s—
R e n ta ls A su n d rie s.
In te re s t on b o n d ,. .
B et’ m ’ te, equip..tfce.
W e s tw e g o tire s a lt .T o t , d lsb u r se m 'ts
B a la n c e ............... ..

8 ,0 0 6 ,5 0 4

7 ,5 8 8 ,6 4 3

6 ,9 2 5 ,1 4 5

7 .0 1 5 ,3 0 9

1 ,2 3 4 ,9 0 8
4 2 1 ,8 9 0
1 .7 6 2 .9 4 4
2 ,0 1 4 .1 4 3
2 1 1 ,15 3
2 1 1 ,7 8 7

1 ,2 0 9,06 9
458,54-4
1 ,0 5 9 3 - 0
1 .9 6 1,15 9
2 0 8 ,6 4 0
2 2 5 ,4 5 6

1 ,3 0 0.40 5
4 5 1 ,0 8 8
1 ,4 3 0 ,0 1 s
1 ,7 0 2,31 3
2 1 0 ,0 9 2
2 1 2 ,4 7 3

1 ,2 8 3 ,0 5 3
4 5 9 ,7 3 5
1 ,5 2 2,28 9
1 ,7 4 1 ,5 0 4
2 1 2 ,2 2 3
1 8 2 ,7 9 7

5 ,6 2 2 .7 4 8
5 3 5 9 .7 2 5
2 ,1 4 0 ,7 7 9
1 ,9 6 5 ,9 0 0
7409
7319
IKCOM8 ACCOUNT.
I f 90.
1897.
8
#
1 ,9 8 5,90 0
2 ,1 4 6 ,7 7 9
157,779
1 5 0 ,2 9 7

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

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

1896.
9
1 ,4 5 7 ,5 5 9
1 0 9 ,53 3

1895.
9
1 ,6 1 4,64 8
8 0 ,3 2 4

2 ,3 0 4 ,5 5 8

2 ,1 1 6 ,1 9 7

1 ,5 6 7 ,0 9 2

1 ,7 0 0 ,9 7 2

9 8 .8 0 8
1 .2 8 5 .2 7 8
7 7 1 ,82 1
1 1 7 .5 0 0

130 .84 5
1 ,2 7 9 ,4 9 0
2 5 7 ,8 0 3

8 1 ,3 2 0
1 ,2 ?9 .4 9 0
2 1 2 ,23 7

8 3 ,8 7 7
1 ,2 7 9 .4 9 0
1 8 2 ,63 3
—

1 ,6 6 8 ,2 2 8
2 ,2 7 3 ,4 0 7
a u r.3 1,161 *u r.4 4 7 ,9 6 9

1 ,5 1 0 ,0 0 0
1 ,5 7 3 .1 0 3
d e f.6 ,0 1 1 BUT.1 5 4 ,9 7 2

GENERAL BALANCE AT CLOSE o f KACfl FISCAL TEAR.

Aeeet*—

1808.
*

R R .. b b d ’ g*. e q . A c . .80.095,461
N. O Pao. R R. s to ck - 6,717.500
B ond * o w n e d ............. . 5,5*8.831
Den. A Pao, Snb. B y .
170.“O8
139.527
G o rd o n o o a l m in e. .
M aterial*, fu el. Ao . .
281,210
C ash on h a n d ............. * 751,919
844,340
D u e from a gen ts, A o
Land n otes re o e 'b le .
73.615
149,827
M isoella n . a ccou n t*
L ia b ilities—
C ap ita l s to c k ...........
B ond s A Int. s c r i p ..
E qn lp . o b lig a tio n * ..
V ou ch . A p a y - r o lls ..
In h d u e an d s c o r n e d
O th e r a c c o u n t * .........
In co m e a c c o u n t .......
T o ta l lia b ilitie s
—V o l. 6 8. p . 283.

1890.
1897.
1805.
9
$
#
80,500.972 80,030.391 80,747.374
0.712.500 0.-12.500 0,712,500
5,755.071 5,779,962 5,782,389
101,219
140,404
157,735
138,015
147,782
138,222
349.250
101,408
2:10,068
148,972
151,124
695,442
811,359
924,023
870,201
81,443
03,724
87. *93
175.266
1 16.808
152,008

.95,363,057 95,343.290 94,930,010 95,055.791
38.712.300 38,710,900 38.710,900 38,710,000
53,98s,498 54,218,008 84,320,708 54,225,590
102,104
213,254
21,959
219,499
043,008
518,927
000*358
471,893
237,0R7
221,704
230.279
2*7,650
00,105
228,617
176.225
53,001
974,000
080.012
1,453,7 <1 1,422,509
95.363.057 05,343,200 94,930,616 95,055,704,

THE

522

CHRONICLE.

Twin City Rapid Transit Co.

EARNINGS, EXPENSES, CHARGES, ETC.

(Report fo r year ending Dec. 31, 1898.)
President Thomas Lowry says in substance :
H a m in g e .—T h e ea rn in g s o f th e y e a r s h o w a g r a tify in g in cre a s e o v e r
t h e p re v iou s y e a r, th e in cre a s e in gross Being 8 ’ 2 9 p er c e n t an d in n e t
5 3 per oent. T h e p h y sioa l c o n d it io n o f the p r o p e r ty lias b een m a in ­
tain ed to th e h ig h est p o s s ib le d eg ree a n d th e e x p e n s e th e r e o f oh a rg e d
t o the co s t o f op era tin g . This co s t o f o p e ra tin g , in clu d in g ta x e s , is
49-9 2 p e r ce n t, as com p a red w i t h 5 3 18 p e r ce n t f o r 1897.
F in a n cia l.—D u rin g 1 898, $ 8 2 5 ,0 0 0 o f th e 7 p e r ce n t p r e fe rr e d s to ck
w a s issued, $ 7 5 0 ,0 0 0 o f w h ioli w a s u s e d to p a y th e “ co lla te r a l n ote s ”
m en tion ed in cu r la st re p o rt. T h e c o m p a n r h a s a lso issued tor c o n ­
st! uotion $ 9 0 ,0 0 0 o f th e C on solid a ted 5s o f th e St. Paul C ity R y. Co.
Im provem en ts.—T h e S e lb y A v e . c a b le lin e in St. Paul has b e e n ch a n g e d
t o an e le c tr ic lin e, w ith a ll n e w c o n s tr u c tio n o f oon e re te a n d 8 0 lb .
., T
ra n w ith ca st-w eld ed .join ts. T h is has b e e n m a d e p o ss ib le b y th e
in sta lla tion o f a m od ern co u n te r-w e ig h t s y s tem , w h ich o v e r co m e s the
h e a v y grad e o f 15hr p e r cen t. T h is n e w ly co n s tru c te d lin e has b e e n
in s u cce ssfu l o p e ra tio n s in ce A u g u st, sta n d in g th e s e v e re te sts o f lo w
te m p e r a tu r e an d h e a v y s n ow s. T h e c o m p a n y h » s lik e w ise co m p le te d
a new In te ru rb a n lin - b etw e e n M in n ea p olis a n d 8 t. P a u l, v ia C om o
P ark, St. A n th o n y Park, t b s S ta te F a ir g rou n d s a n d th e S tate A g r i­
cu ltu ra l C ollege. T h e c o m p a n y has c o n s t r u c te d and fu lly eq u ip p e d ,
d u rin g th e p a s t y e a r a n e w b r ic k c a r sh op 3 5 9 ft. lo n g a n a 1 3 6 ft.
w id e , and lias b u ilt an d e q u ip p e d t w e n t y -t w o 4 4 -f t. e le o tr ic ca rs.
W ater P ow er PI ant.—T h is p la n t, m e n tio n e d in o u r la s t r e p o r t , to
g e n e ra te e leotric p o w e r , has b een in p a rtia l o p e r a t io n a b o u t a yea r.
T o a v o id a n y p oss ib le d e la y in s e r v ic e th e stea m p o w e r p la n ts w e r e
h e ld in readiness fo r o p e r a tio n u n til a ll th e e le c t r ic a l a p jia ra tu s an d
tra n sm ission c a b le s o f th e w a te r p o w e r p la n t w e r e in s u cce s s fu l
o p e ra tio n . T h is te st con su m e d s ev era l m n th s a n d th e p la n t w a s o n ly
a cce p te d b y o u r oom p a n y in D ecem b er. T h is d e la y p re v e n te d the
sa le o f surp lu s p o w e r and in cr e a s e d th e e x p e n s e o f o p e ra tio n .

Statistics.—Various statistics of interest are shown in the
following tables:
1898.
P a ss e n g er ea rn in g s..$ 2 ,1 4 5 ,0 9 3
O th e r s o u r c e s ............
2 5 ,8 2 3

1897.
$ 1 ,9 8 2 ,7 8 5
2 6 ,3 3 6

1 89 6 ,
$ 2 ,0 3 7 ,9 3 5
2 1 ,2 8 3

1895.
$ 1 ,9 6 4 ,7 7 2
2 4 ,0 3 1

T o t a lr e o e ip t s ___ $ 2 ,1 7 0 ,7 1 6 $ 2 ,0 0 9 ,1 2 1 $ 2 ,0 5 9 ,2 1 8 $ 1 ,9 8 8 ,8 0 3
$ 5 6 ,9 3 4
$ 6 7 ,1 0 2
$ 5 4 ,0 5 3
G en era l e x p e n s e s ___
$ 9 5 ,8 8 4
9 7 ,7 2 4
8 1 ,8 1 6
1 1 0 ,4 3 6
M aint. o f eq u ip m en t.
1 3 1 ,3 6 8
5 8 ,0 6 9
6 2 ,7 3 8
7 6 ,8 7 7
M ain, o f w a y & struo.
7 6 ,8 3 7
1 5 6 ,7 6 4
1 54 ,10 4
1 3 3 ,8 2 9
C ost m a in .p o w ’rB ta ’ n
1 2 9 ,8 0 6
13,63 *
11,5 20
6 ,4 0 8
I n s u ra n c e .....................
6 ,1 4 8
8 0 ,8 9 1
6 5 ,5 8 7
7 2 ,0 0 0
In ju rie s & d a m a g e s ..
6 8 ,4 9 3
1 4 ,9 2 5
1 9 ,2 7 6
1 8 ,7 0 1
R egal e x p e n s e s .........
2 3 ,4 4 2
5 1 9 ,1 0 7
5 2 7 ,4 9 3
O th e r e x p e n s e s ..........
4 9 7 ,4 1 3
5 1 6 ,6 6 7
T o ta l o p e r a t in g ..$ 1 ,0 1 9 ,3 9 2
N e t e a rn in g s ................$ 1 ,1 5 1 ,3 2 4
D ed u ct—
In te re s t & d iv id en d s . $ 7 1 3 ,4 5 4
T a x e s ..............................
6 1 ,2 1 4

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

$ 9 9 5 ,1 5 9
$ 1 ,0 6 4 ,0 5 9

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

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

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

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

T o t a l ........................ $ 7 7 7 ,6 6 8
S u r p lu s .......................... $ 3 7 3 ,6 5 6
P .o .e x p .& t a x .t o e a r n .
4 9-9 2

$ 7 7 1 ,9 0 7
$ 2 3 5 ,1 3 4
53T 8

$ 7 6 4 ,0 6 1
$ 2 9 9 ,9 9 8
51-15

$ 7 5 0 ,8 3 9
$ 2 5 8 ,4 7 9
51-7 2

T W IN c u r

R A P ID T R A N S IT C O M P A N Y — G E N E R A L B A L A N C E SH E E T.

M esources—
R o a d w a y , e t c ........................ )
S e cu rities in tre a su ry .........£
N o te s and a cco u n ts r e c e iv ...
C a s h ...............................................
In s u ra n c e p a id in a d v a n o e ..
M a te ria ls an d s u p p lie s .........
I n t .o n eu r’ t lia h il. p ’ d i n a d v .
T . C. R . T . C o. s to c k a c c t . . ..

1 89 8 .
onQ
/a
1 0 3 ,0 8 1
2 2 5 ,8 9 7
4 ,5 8 5
7 2 ,2 1 5
770
..............

T o t a l...................................... $ 3 0 ,3 0 9 ,7 1 9
L ia b ilities—
C o m m o n s t o c k .......................... $ 1 5 ,0 1 0 ,0 0 0
P re fe r re d s t o c k .......................
2 ,4 6 2 ,2 0 0
B on d s and 6% e e r t ifle a t e s ... 1 0 ,3 8 8 ,0 0 0
D oa n D eo. 3 1, 1 9 0 0 .........................................
4 0 ,4 4 2
U n p a id v ou ch ers, & o .............
P a y -ro lls , a e c r ’ d, n ot d u e ___
3 0 ,3 8 4
T ra in m e n ’ s d e p o s it s ................
2 2 ,4 2 5
T a x e s a ccru ed , n ot d u e .........
4 9,0 15
In te re s t a ccr u e d , n o t d u e ...
2 0 8 ,5 2 1
B ills p a y a b le ..............................
1 1 0 ,0 0 0
I n c o m e a e e o u n t - s u r p l u s ...
1 ,9 8 b ,7 3 2
T o t a l...................
—V. 68, p. 376 , 381.

$ 3 0 ,3 0 9 ,7 1 9

IV ol . LXVI1I

1 89 7 .
1896.
$ $ 1 4 ,2 8 8 ,5 8 4 $ 1 4 ,1 1 7 ,9 3 8
^ 1 5 ,0 0 0 ,0 0 0 1 5 ,0 0 0 ,0 0 0
1 2 1 ,17 5
8 2 ,9 S i
2 2 8 ,4 3 5
2 2 3 ,4 1 0
5 ,0 5 9
1 ,8 3 5
1 1 0 ,4 9 7
9 8 ,2 4 7
1 ,0 4 4
7 ,5 0 0
.............
8 6 ,3 0 6
$ 2 9 ,7 5 4 ,7 9 6 $ 2 9 ,6 2 1 ,0 8 9
$ 1 5 ,0 1 0 ,0 0 0 $ 1 5 ,0 1 0 ,0 0 0
1 ,6 3 7 ,2 0 0
1 ,1 3 7 ,2 0 0
1 0 ,2 9 8 ,0 0 0
1 1 ,3 2 3 ,0 0 0
7 5 0 ,0 0 0
3 5 ,7 9 0
4 2 ,0 a2
2 6 ,3 5 3
2 6 ,1 7 4
2 0 ,9 0 0
2 0 ,8 7 i
5 3 ,1 1 6
5 0 ,2 2 4
2 0 6 ,2 3 3
2 0 6 120
1 0 2 ,1 2 7
4 2 5 ,4 6 9
1 ,6 1 5 ,0 7 6
1 ,3 7 9 ,9 4 2
$ 2 9 ,7 5 4 ,7 9 6 $ 2 3 ,6 2 1 ,0 8 9

Brooklyn W harf & Warehouse Company.
(Report fo r the year ending Jan. 31, 1899.)
President Thomas A. McIntyre says in substance :
T h e m ost im p o r ta n t fa c t o r in th e lo s s o f ea rn in g s d u rin g th e p a s t
y e a r w as th e Span ish w ar, w h ich , w h ile it la sted b u t a fe w m on th s,
d istu rb ed and v e ry s e rio u s ly a ffected fo r th e w h ole y ea r th e tra d e
w ith th e W est Indian an d s o u th A m e r ic a n p o rts, as w e ll as the tra ffic
w ith the P h ilip p in es. T ills is c o n c lu s iv e ly s h ow n b y th e la rg e d e ­
cre a s e ill the s to r a g e or s u ga r, resu ltin g in a n et lo ss as c o m p a re d
w ith th e b u sin ess o f th e p re v io u s y e a r o f $ 2 9 7 ,0 0 0 , as w e ll as in th a t
o f m an y oth er w ell-k n ow n a rticles o f im p ort. T h ere w ore o v e r ten
lin e s o t vessels w b icli use o u r d o ck s that w ere s eriou sly a ffeoted b y
th e w a r; in fa c t a n u m b er o f th e v e s s e ls o t th ese lin os w ere ta k e n b y
th e G o v e rn m e n t fo r w a r p u rp o s e s, an d h a v e o n ly r e c e n tly b e co m e
restored to th e uses o f co m m e rce . T h is resu lted in a v e r y c o n s id e r ­
a b le lo ss in w h a rfa g e ea rn in g s.
N o tw ith sta n d in g all these co n d itio n s , th e e a rn in g s fr o m p ie rs ,
w h a rves, re n t o f b u ild in g s , and s tora g e o f m erch a n d ise o th e r th a n
s u ga r an d grain , sh ow a-i in crea se o v e r th e p rev iou s yea r, and the
co m p a n y lias reta in ed its p r o p o r tio n o f the busin ess o f the P o rt
T he
n e t ea rtn n gs fro m grain are $ 9 8 ,8 11 less th a n th ese o f th e p re v io u s
yea r. T his loss is a coou u ted fo r b y th e fa c t th a t th e la r g e ly in crea se d
fo re ig n d em an d , co m b in e d w ith the s h o rta g e In th e 'w in ter-w h e a t
c r o p , has le ft no su rp lu s o f gra in to b e ca rried iu th e stores. T h e ra il­
ro a d d ep a rtm en t sh ow s a v e ry s a tis fa c to r y in crea se in ea rn in g s
p a v in g a p rotit to th e c o m p a n y in a d d itio n t o in te re s t on th e in v e s t ­
m ent. It is in ten d ed d u rin g th e co in in g y e a r to e x te n d th e ra ilro a d
term in al system . T h e in crea se in th e item o f to o ls , m a c h iu e rv and
betterm ents is a cco u n te d fo r b y an e x p e n d itu r e or o v e r $ 7 8 ,6 2 5 in
e q u ip p in g on e o f the g r a in s tores t o h a n d le grain d ire ct from ca rs a n d
l m odern m a ch in ery , b y w h ich g rea t sa v in g s in th e h a n d lin g
o i grain w ill be eflected .
* ,????
in co m e a n d p ro fit an d lo ss a cco u n ts h a ve b een
a u d ite d b y The A u d it C om p a n y o f N ew Y o r k au d fo u n d c o r r e c t.

Statistics,—E a r n i n g s , expenses, charges, etc., follow :

,— G ross e a r n in g s .— a /----- N et e a r n in g s . — n
1 898 9,
1897-8.
1 8 9 8 -9 .
1897-8.
$
$
$
$
G r a in ........................................ 5 0 8 ,7 8 6
6 4 3 ,4 4 6
2 3 3 ,3 0 9
3 3 2 ,1 2 0
E le c tr io p o w e r ......................
1 5 ,9 1 4
1 0 ,5 5 0
8 ,9 0 6
4 ,6 2 7
R a ilro a d .................................. 1 4 6 ,5 4 9
1 1 0 ,1 6 2
3 .7 4 3 d e f.1 0 ,3 3 5
G en ’ l m e rch a n d is e s to r ’ g e 7 6 6 ,2 3 5
9 8 9 ,2 9 0 1
W h a r fa g e ................................ 4 0 3 ,5 4 9
3 9 6 ,3 7 1 |
R e n t b u ild in g s , & c ............. 1 1 0 ,6 4 9
7 7 ,3 8 2
} 1 ,1 3 4 ,0 3 6 1 ,2 5 1 ,6 0 2
R e n t w h a r fa g e ..................... 1 9 1 ,5 2 4
1 6 " ,4 1 5 I
M is ce lla n e o u s ........................
2 0 ,1 6 1
1 5 ,9 9 5 J
T o t a l ................................. 2 ,1 6 3 ,3 9 7 2 ,4 0 3 ,9 1 1 1 ,3 7 9 ,9 9 4
D e d u ct—
T a x e s a n d r e n t ............................................................ ........ 5 7 3 ,7 2 1
In te re st on b o n d s ............................................................... 8 7 5 ,0 0 0
D iv id e n d M a rch 1 8 9 8 ..........................................................................

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

T o t a l................................................................................. 1 ,4 4 8 ,7 2 1 1 ,5 6 0 ,9 4 2
B a la n e e ...................
...................................................d f.6 8 ,7 2 7 sur. 1 7 ,0 7 2
BALANCE SHEET JANUARY 3 1, 1 89 9 .
A
L ia b ilitie s .
$ 4 0 ,2 : 3 A c c o u n ts p a y a b le .......
$ 2 4 ,2 2 4
C ash in b a n k ........... ..
B ills p a y a b le .................
8 8 0 ,0 0 0
A c c ’ d s to r a g e , w h a r f­
6 5 ,0 0 0
4 8 8 ,1 9 1 L o a n on s to c k & m tg e
a g e a n d r e n t ...............
E x p . p a id in a d v a n c e .
1 3 2 ,3 4 7 A c c ’ d in t., re n t, p a y ­
ro lls, e t c .......................
7 0 ,0 5 1
A c c o u n t s r e c e iv a b le ..
1 2 4 ,0 5 0
M o r tg a g e and s t o c k s ..
9 0 ,0 0 0 T im e lo a n , o th e r c o m ­
R a ilro a d p la n t ( c o s t ) ..
4 0 8 ,5 4 7
p a n ie s ..........................
5 0 0 ,0 0 0
S to rk s & b o n d s ( c o s t ) .
3 4 9 ,9 3 7 S to c k , p r e fe r r e d ‘ A ” .
2 .5 0 0 .0 0 0
T o o ls ,m a c k in . & b e t’ s.
2 2 9 ,0 9 3
“
“
“ B” .
5 ,0 0 0 ,0 0 0
“
c o m m o n .............
5 ,0 0 0 ,0 0 0
E le o tric p la n t ( c o s t ) ..
3 6 ,8 4 3
W h a rv e s, w a re h o u se s
F irs t m o r tg a g e b o n d s 1 7 , 5 '0 ,0 0 0
2 4 ,1 1 0
a n d re a l e s t a t e ......... 2 9 ,5 6 4 ,0 0 0 M is c e lla n e o u s ...............
M i s c e l la n e o u s .............
4 2 ,7 7 4 P r o fit a n d l o s s .............
2 ,6 7 8
T o t a l ..........................$ 3 1 ,5 6 6 ,0 6 3
T h e b a la n c e s h e e t o f J a n . 31,
ch a n g e s in a sse ts an d lia b ilitie s d i
68, p. 472.

G EN ER AL

T o t a l........... ...............$ 3 1 ,5 6 6 ,0 6 3
3, w a s in V. 6 6, p. 4 25 . T h e
th e y e a r h a v e b e e n s lig h t .—V .

INVESTMENT

NEWS.

Reorganizations, Etc.—Defaults, Reorganization Plans,
Etc.—The usual index is omitted this week, but that cover­
ing the items published to Feb. 24, inclusive, will be found
in the C h r o n i c l e of March 4.
American (’ar & Foundry Co, —iriend ly Relations with
Pressed Steel Oar Co.—President Bixby states that there Is
no truth in the rumors that the relations between the com ­
pany and the Pressed Steel Car Co. are not harmonious; they
are, on the contrary, most intimate. Charles T. Schoen,
President of the Pressed Steel Car Co., is an active director
of the American Car & Foundry Co., and E. N. Dickerson is
a member of the executive committee of both companies.
The American Car & Foundry Co. is the largest customer of
the Pressed Steel Car Co. for bolsters, centre plates, truck
frames, etc., used in connection with the building of wooden
cars. The American Car & Foundry Co has orders on its
boobs for over 32,000 cars, together with large orders for
miscellaneous supplies. The original owners of the car
plants own a large majority of the stock of the new com ­
pany, and the officers of the new company are also the large
stockholders.
Subscriptions Paid.—Subscriptions to the §15,000,000 stock
have all been paid, The issue was largely oversubscribed.
— V. 68, p. 426.
American Hide & Leather Co.—Projected Consolidation.
—This is the title o f the proposed company into which it is
hoped to merge about twenty-five of the thirty leading
upper-leather tanneries. The company’s stock will probably
be 130,000,000 of cumulative 7 per cent preferred with pref­
erence also as to assets, and about $30,000,000 common stock.
Some of the properties to be merged are:
W. N. Eisendratli & Co., Grey, Clark & Engle. Lambean Leather Co.
and the Walker Oakley Co., Chicago; William Becker, Milwaukee;
Dubois & Van Tassel, Dubois, Pa.; White Bros. A Co., Boston, Mass.;
J. B. Weed & Co., Binghamton, N. Y.; Bussell, Hubbard & Co., New
York; C. Moeneh & Co , Cattaraugus, N. Y.; J. G. Hoffman & Sons,
Wheeling, W. Va.; American Oak Leather C"., Cincinnati, O.; James
Gallery & Co., Pittsburg. Pa.; J. C. Lappe & Sons Tanning Cu., Alle­
gheny, and Hugh Smith (incorporated), Newark, N. J.

A. F. Hatch, of Chicago, is stated to be promoting the
enterprise; the underwriting is expected to be in the charge of
J. & W . Seligman. If the plan goes through the new com­
pany will take possession on July 1.
American Ice Co.—Ice Company Consolidation.—Incor­
porated in New Jersey.—The company’s certificate of incor­
poration was filed in the Hudson County Clerk’s office, in
Jersey City, on Saturday last. The authorized capital is
$60,000,000, of which $3,000,000 has already been paid in.
This is the company which it was sought to have incorpor­
ated in Maine by special act of the Legislature. The in­
tention is said to he to bring under one control all the
leading ice companies of the country.—V. 68, p. 185.
American Malting Co.—New Stock.—The item published
last week, although submitted for official revision, it seems
was misleading as regards the method of paying for the new
properties. Their purchase is accompanied by an increase
in the preferred stock from $12,500,COO to $14,400,000 and in
the common from $13,750,000 to $14,500,000.—V. 68, p. 471.
American School Furniture Co.— Incorporated.—This
company was incorporated at Trenton, N. J., on March 13,
with a. capital stock of $10,000,000. to manufacture all kinds
of school and church furniture. The incorporators are :
Samuel B. Lawrence, Robert P. Barry, Jr., John B. Summerfleld,
George E. Spencer, Henry M. Haviland, Henrv C. Eyerdeli, Armitage
Matthews and Leavitt J. Hunt, all of New York, and James C. Young,
ol J ersey City.

M arch 18, 1899.]

THE

C H R O N IC L E .

American Ship-Building Co.—Inoonjorated.—'This com ­
pany was incorporated at Trenton, X. J., on March 16 to
build and equip ships and docks, to transport goods and pas­
sengers. and also engage in manufacturing and mining of
all kinds. The authorized capital stock is $80,000,000, of
which $15,000,000 is 7 per cent non-cumulative preferred.
The incorporators are James B. Dill, Fred W. Klein and W.
T. Colt man. This is the enterprise reported from Cleveland
last week as intended to nnite the ship-building and kindred
interests of the Great Lakes.—V. 68, p. 471.
American Smelting A Rellning Co.— Underwriting.—The
underwriting of this new proiectisee last week's C h r o n i c l e ),
it is stated, is on the basis of $1,000 cash for ten shares of
preferred and seven shares of common stock. Of the author­
ized issue of $63,000,000 capital stock, $54 000,000 (half pre­
ferred) will be issued at once to provide for the purchase of
properties and to supply $7,500 000 working capital. The
preferred stock is 7 per cent cumulative and is preferred as
to assets as well as dividends. By the present issue of com­
mon and preferred, provision is made for acquiring the fol
lowing concerns engaged in smelting and refining lead and
silver ore :
The p lan t*. m a ch in e ry , to o l* , p a ten ts, a p p u rten a n t p r o p e r ty , Ac., ot
th e f o l l o w i n g : O m aha am t G ra n t S m e ltin g C o ., w ith p la n t* a t Omaha.

52 3

Brooklyn Heights R R .—Quarterly.—This companv oper­
ates all the lines of the Brooklyn Rapid Transit System.
Earnim/s for the quarter and the six months ending Dec. 31
were :
3 mos. end.

Grose

H#i- o'41i " eui
#/rr*i
I uni?
Dtti.
ni/ii/.i,

1398................$ 1,439,847
1897............... 1,297,346

6 mos.—

Xc.t

e/ti*uic/iy,'.
i-iirre
tuM

$353,268
530,808

1893............... $ 3,104,778 $ 1,259,153
13 97............... 2,712,532
1.127,224

Other

4«em><
*
tntwmc.

$20,558
66,203

Interest.

//**•** C
*#*
KiXCi,
-IC.

$535,001
569,108

Balance

....... t-. ’
SUrplUS

$ 3»,825
27,903

$42,530 $ 1,065,858 $ 235,825
127,803
1, 135.563 119,461

Loans and bill* payable $175,000, agaiDSt $100,000 on June
30.—V. 67, p. 954; Y. 68, p. 472.
Buffalo St. Mary’s A Southwestern R B .—Centra! New
York A Western —sale o f Rood.—The Buffalo St. Mary’s &
Southwestern RR. has been acqnired by parties interested
in the Central New York & Western. The properties may
be connected and merged. Major John Byrne is now Presi­
dent of both roads. —V. 68, p. 84; V. 63, p. 399.
Central D istrict A P rin tin g Telegraph Co.—Stock In­
creased. The directors have voted to increase the capital
siosk from $3,C00,0C0 to $4,000,000, to provide for extensions
j and improvements.
(’ entral Pacific RR.—Four Notes Paid.—According to
D e n v e r a n d D u ra n go: U n ited S m e ltin g Sc R efin in g C o., w ith p la n ts at the terms of the recent settlement four of the notes given to
C h ica g o , G r e a t F a ll* an d H elen a ; C o lo r a d o S m e l t i n g * R e fin in g C o .,
n la n t a t P netilo; P u eb lo S m eltin g and R eh n ln g C o., p la n t a t P u eb lo, the Government were paid at the Treasury Department
G lo b e S m e ltin g C o., p la n t a t D e n v er; G erm a n ia S m eltin g C o., p lau t March 10.» The notes amounted to $11,762,543. See V. 68,
n e a r S alt Lake C ity ; H a n a u e r W o rk s , p la n t n e a r S alt L a k e clry; P enn - p. 373.—V. 68, p. 472.
• ylva n la L ea d C o,, p la n t a t P ltteb n rg; P e n n s y lv a n ia S m e ltin g C o .,
Chicago Milwaukee A St. Paul R y.—Listed.—'The com ­
p la n t a t Salt L i e C ity ; Bl m eta llic S m eltin g C o., p lan t a t LeadviU e.
A ls o th e ca p ita l s to c k o f the K a n *a s C ity S m eltin g A R efin in g C o., pany has decided that for the present the issue of its general
w h ich o w n * t w o p la n ts a t L e a d v llle (th e A rk a n sas V a lle y a n d th e mortgage Series A 4 per cent bonds shall stop at No. 24,000,
U n io n ), o n e p la n t n ea r K a n sa s C ity , o n e p la n t a t B l P a so. T e x a s , a n d
and nil o f this series bearing higher numbers have been
la r g e m in in g a n d o th e r p r o p e rtie s in M e x ico ,
The net earrings of the above-named propertied are stated ; canceled and destroyed. In nlace of the $857,600 bonis so
as having exceeded $3,100,0)0 in 189$, and if is thought will destroyed, general mortgage bonds have been issued known
as Series B, tearing interest at the rate o f 3)£ per cent.
be largely increased by the consolidation.—V. 68. p. lit.
American Soda O . —Incorporated.—This company filed There have also been issued or authorized an additional
articles of Incorporation at Trenton, N. J., March 1. The $4 817,000 of Series B 3?tf per cent bonds, that when listed
will make the registry 'of listed bonds correspond with
company is authorized to manufacture and deal in bicar­ i amount
o f general mortgage bonds shown in the last yearly
bonate of soda, ssl soda, caustic soda, alkalies, and all the
products deductible from salt.
Also to mine salt and re report of the company. These $1,317,000 bonds have* been
fine the same. The capital stock authorized is $1,000,000, of 1issued as follows : For additional equipment, real estate and
which $230,000 is preferred 8 per cent cumulative. The in­ second main track, $1,590,000; in place of bonds canceled
Of the Series B bonds the New York Stock Ex
corporators are James S. Warden, 39 Cortlanilt Street: $3,727,000.
Lewis E. Carr. 71 Broadway; Louis C. Ilfield and Francis N. change baa just listed $2,500,000.—V. 68, p. 129.
Chicago Reek Island A Pacific Ry.—N&o Officers,—The
Whitney. 36 Wall Street, Sew York, and Edward A. Macfollowing officers were elected on Thursday: Directors—H.
Leon, Glen Ridge, N. J.
American Steel A W ire Co.—First Dividend.—The com­ A. Parker, to succeed William H, Truesdale, and Tracy
pany this week declared a first quarterly dividend o f 1)4 per Dows, in place of the late David Dows: First Vice President,
cent on its preferred shares. No action was taken on a com­ U. A. Parker, to succeed Mr, Truesdale; Second VicePresident. J. M. Johnson.—V. 8$, p. 186.
mon stock dividend.
Chicago A Alton RR.—Over 70 Per Cent o f Stock Depos­
New Purchase.-T h e Schoenberger Steel Company’s plant
at Pittsburg is reported to have been acqnired for $3,000,000. ited.—The United States Trust Co. informs the shareholders
It was officially denied yesterday that the companv has ac­ that over 70 i>er cent of the $22,280,600 ($3,479,500 of this pre­
quired, or intended to acquire. the Norton Iron Works of ferred) capital stock has accepted the terms offered by the
Ashland, Ky., or any other works.
The properties agreement, viz , 175 for the common and 200 for the pre­
owned, it is claimed, are particularly well located ferred. The time for deposit expires on April 1. The new
for economical operation.
All Of them, it is stated, owners will elect on April 3 a board of directors and officers.
are running full time and with satisfactory' business See notice in advertising columns.
Payment for Stock.—The United States Trust Co. on
assured for the rest o f the year.
The company has
sought to be practically independent in all its departments— Wednesday began making payment for the stock. The
including the mining of its ore in the Misabe Range, the sum tin* on the amount o f the issue deposited is over
making of its own pig iron and steel billets and the landing $27,000.0CO cash, and about $24,000,000 of this was placed
of it# product of all kinds (wire, wire rods, barbed wire, in the bands of the Trust Company for distribution. An
etc..) in its own ships at foreign ports. The company o w q s i additional 10 per cent o f the subscription* o f the nnderwrit•ing syndicate has been called, payable in April, This makes
even its own coal mines and coke furnaces,—V. 68, p. 377.
70 per cent i$28,000,000> of the subscriptions called to date.
American Tin Plate Co.— First Dividend.—The directors —V
. 68, p, 427.
on Thursday declared the first quarterly dividend of l)4 per
Cleveland A New Castle R R .- Lake Erie A Western RR.
cent on the preferred stock.—V. 68, p. 329,
Anaconda Copper M ining.—S tock on Unlisted.—The com­ —Ihrojrct A ha ndot, erf. —According to a press dispatch from
pany’* stock has been admitted to dealings in the unlisted Youngstown, Ohio, it is reported in that city that the pro­
department o f the New York Stock Exchange.— V. 67. p. 953. jected Cleveland & New Castle RR., planned by the late Sen­
ator Brice, has been given up, some o f i s real estate in
Baltimore A Ohio HR.-DouM * Track.—It has been de that city having been alreadysold. Such action was foreshad­
cided to lay a second track on the Central Ohio division owed in the C hronicle of Feb. 11 (page 282), the new man­
from Bellaire to Cambridge, O.. a distance of 58 miles, at an agers of the Lake Erie A Western deeming it unwise to pro­
estimated cost of $1,250,000. This portion of the road is ceed fnrther with the undertaking. The Lake Erie & West­
much congested with freight at all times and the proposed ern advanced a considerable sum to the new company (the
improvement is in the nature of a necessity.—V. 68. p. 472.
amount i* understood to he abont $300,000), and there will,
^Bay State Gas—Dropped from Stock Exchange.,- -The New necessarily, be a large loss in connection with the sale of
York Stock Exchange on Saturday last sent out notices that assets, these consisting chiefly of right of way.—V. 07, p,
trading in Bay State Gas Co. o f Delaware stock would be 1004; V. 68, D. 282.
discontinued at the close of business that day and thereafter.
Continental Cement Co.—Incorporated.—This company
The Exchange recently declined to admit to dealing the has been organized by ex Mayor Gilrov and ex Corporation
company's $50,0>0,000 o f new stock, whereupon President Counsel Clark and associates to control an important part of
J. Edward Addicks notified the Farmers Loan & Trust Co. the cement industry of the United States. The company was
to cease to act as registrar of the stock in this city. The Ex incorporated on Tuesday at Trenton, N. L, with a capital of
change's constitution prohibits dealings in shares which have $10,000,000, with power to increase the issue. The company
no registry here and consequently it became necessary to is reported to have acquired SO per cent of the Portland
exclude the stock from farther dealings. Similar action cement plants of the United States and to have a capacity of
was taken by the Boston Stock Exchange. On both Ex
15,000 barrels a day. The incorporators are; W. H. Clark,
changes the shares bad been sold on the “ unlisted depart­ Thomas F. Gilroy, Ralph Peverley, James C. Yonng and
ment.” TesterJay it was announced that the Farmers Loan Frank Stevens.
& Trust Co. .at the request of the company .had resumed the
Continental Tobteco C o.—On “ Unlisted.''—The shares of
position of registrar.—V. 68. p. 426.
Bethlehem Steel On,—Bethlehem Iron Co.— W y/g in f ion s this company have been alraitted to dealings on the unlisted
Pending— E syndicate is being organized in Philadelphia to department of the New York Stock Exchange.—V. 88, p. 377.
finance the Bstlilehem Steel C l , a new corporation to be
Danville A Ohio River R R .-C h icn g o A Ohio RK.—In di­
formed to take over and extend the operations of the Beth­ ana D ecatu r* Western My.—Reorganized C om pany-N ew
lehem Iron Co. as was done in the case of the Cambria Iron Mortgage.—The Chicago & Ohio RR., Sidell, III., to West
Co. by the Cambria Steel Co.—V. 6<, p. 84.
Liberty, 111., having been sold under foreclosure, has

624

THE

CHKONJCLE.

been reorganized as the Dm ville & Ohio River R R ., and
ia now operated as the Ohio River Division of the Indiana
Decatur & Western. The reorganized company has filed a
mortgage to the Central Trust Company as trustee, to secure
bonds to be issued at $13,000 per mile (aggregating $1,033,000)
on the 86 miles of road built and to be bnilt between Sidell
and Olnev, 111. Upon the 77 miles of this as now constructed
to near West Liberty the issue will be $933,000. TUe Chicago
& Ohio River RR. until recently formed part of the Peoria
Decatnr & Evansville. Most of its securities, however, were
in the treasury of the last-named company, and it was ar­
ranged that the ownership of the property should pass, as
now accomplished, to the Cincinnati Hamilton & Dayton in
terests, which control the Indiana Decatur and Western.—V.
67, p. 1109, 839.
Detroit Ft. W ajne * Belle Isle Ry.—Bonds Called—The
company has called for redemption on April 1, 1899, the
$845 000 Ft. Wayne & Belle Isle Ry. bonds o f Oct. 1, 1893,—
V. 66, p. 857.
Dominion Atlantic Ry.—New Securities.—The stockhold­
ers will vote March 30 upon a resolution authorizing the is­
sue of an additional £100,000 4 per cent second debenture
stock.—Y. 66, p. 573.
Easton (P a.) Transit Co.—Consolidation.—The street
railways and electric lighting companies of Easton, Pa.>
have been purchased by Stern & Silverman of Philadelphia.
Pa. The various companies will be consolidated.
Empire Steel & Iron Co.—Incorporated.—This company
filed articles of incorporation at Trenton, N. J., on March
14. The authorized capital stock is $5,000,000, of which $3,500,000 is preferred 6 per cent cumulative. The incorpor­
ators are Edward K. Sumerwell, East Orange, N. J .; Charles
A. O'Mally, Brooklyn, and Arthur L. Bissell o f Hew York.
Freeport (111.) General E lectric Ry.—Receiver.—'This
company, on March 11, went into the hands of William O.
Johnson of Chicago as receiver. The Illinois Trust & Sav­
ings Bank is trustee under the mortgage, interest on which
is in default.
General E lectric Automobile Co.—Official Notice.—This
Company, having its head offices in the Bourse Building,
Philadelphia, P a., makes the following announcement :
T h is c o m p a n y , c o n tr o llin g h a sio p a te n ts c o v e r in g th e a p p lica tio n o f
e le e tr io a l p o w e r t o In d ep en d en tly o p e ra te v e h io le s o f all d e sc rip tlo n s ie n o w r e c e iv in g o rd e rs fo r th e p ro m p t d e liv e r y o f “ h orseless ” oon,
v e y a n c e s o f th e la tes t and m o s t a p p r o v e d t y p e s . Its s p e c ia lty is th e
lig h tn e s s o f its a p p a ra tu s, w ith s to r a g e b a tte ry on e -h a lf (8s) th e w e ig h t
o f o th e r m altes, an d o f g r e a te r e fficien cy .—V. 6 6, p . 1140.

Hartford & West Hartford RR.—Receiver.—J . T, Patter­
son, a director, has been appointed receiver.—V. 65, p. 1069.
Havana E lectric Ry.—Stock Increased.—Papers were filed
at Trenton, N. J., on March 15 increasing the capital stock
from $5,000,000 to $10,000,000.—V. 68, p. 85.
International Air Power Co.—International Power
Co.—Rhode Island Locomotive W orks.—Changeof Name.
—Stock Increased.—The International Air Power Co. on
Wednesday filed a certificate changing its name to the In­
ternational Power Co. and increasing its capital stock from
$7,000,010 to $8,000,000. Of the original $7,000,000, $600,000
was described as 3 per cent cumulative preferred.
locomotive Works Transferred.—The plant of the Rhode
Island Locomotive Works was formerly transferred to the
International Air Power Co. on Tuesday for a sum said to be
$3,000,000, and the American Wheelock Engine Co. in W or­
cester, Mass., for $600,000. It is understood that the bondholders of the locomotive works were given a mortgage on
the Worcester plant for $225,000.—V. 68, p. 283, 130.
International Navigation Co.—ATe?« Mortgage, Reported
to be fo r $30,000,000.—‘ ‘Philadelphia Financial News” says :
W e un derstand th a t th e n ew m o rtg a g e , w h ic h w ill b e a lirst, lien on
th e p ro p e rty , is fo r $ 2 0 ,0 0 0 ,0 0 0 ; $2,5t 0 ,0 0 0 w ill rem a in in th e tri-n.su ry , a b ou t $ 5 ,0 0 0 ,0 0 0 w ill b e u sed in re tirin g th e o u ts ta n d in g first
m o rtg a g e 6s, w hich are b e in g e x c h a n g e d [a t 105 an d in terest] fo r the
n e w f s , sev ere m illion s w ill b e used to retire th e [$ 3 ,5 1 9 ,OOOJ s e co n d
m o rtg a g e 5s, w h ich a re b e in g e x c h a n g e d a t p a r and in terest, and th e
b a la n c e o f the $ 2 o ,0 0 0 ,0 0 0 n ew issu e h a s b een ta k en b y a s i n d lca te ,
th e in crease In th e issue b ein g , as b e fo r e stated , fo r th e b u ild in g o f
n e w ships. The sy n d ica te paid , w e a re in fo rm e d , p a r fo r the n e w
b o n d s, and a lso g o t an a llotm en t o f p re fe rr e d s to c k a t a d isc o u n t.
T h e a m o u n t o f t.ho issu e o f p re fe rr e d s to c k w as s om eth in g less th a n
$ 1 0 ,0 0 0 ,0 0 0 .-V . 6 8, p . 331.

International Traction Co.—Buffalo Street R y.—Increase
o f Stock Consolidation.—Articles were filed with the Secre­
tary of State at Trenton, N. J ., on Wednesday, increasing the
capital stock of the International Traction Co. from $85,000
to $15,000,000. Of this amount $5,000,000 is 4 per cent cumu­
lative preferred. The pasters were signed by Benjamin W .
Franklin, President, and Charles McVeigh, Secretary. This
is the company which will absorb the street railways of
Buffalo and Niagara Falls and the lines crossing the river
into Canada. J. P. Morgan & Co. have charge of the
financial end of the consolidation. No official statement,
however, as to the new company or the amount of its mort­
gage could be obtained yesterday. The current report is
that the new mortgage will be $30,000,060, of which $11,000,000 of 4 per cents will now be issued, the balance being re­
served to retire prior liens and for improvements. Some
of the companies mentioned as likely to take part in the
consolidation were shown in V. 68, p. 426.
Majority o f Buffalo Ry. Stock Reported Sold. — The
•Buffalo Commercial” of the 11th said: “ About two-thirds
o f the stock of the Buffalo Ry. Co. has already been trans­

[ v o l . Lxvm,

ferred to the new owners. A circular is to be issued to the
stockholders setting forth to the smaller holders the exact
situation.” —V. 68, p. 426.
Jacksonville Tampa & Key West RR .— Opposition Com­
mittee. - A committee, consisting of F. .1. Lisman, Chairman,
of F. J. Lisman & Co., 30 Broad St., N. Y., Evans R Dick,
of Dick Bros. & Co., Philadelphia, and John D Howard, o f
J. Harmanus Fisher & Son, Baltimore, give notice to hold­
ers of the first mortgage 6s, due Jan, 1, 1914, that they, at
the request of a large number of bondholders, have consented
to act as a committee for the purpose of protecting the in­
terest of all the holders and to avoid the heavy burden of a
50 per cent assessment. The Investment Co., 310 Chestnut
St., Philadelphia, issues its negotiable receipts for bonds or
for certificates issued by the Pennsylvania Company for In­
surances on Lives and Granting Annuities. The contention
of the committee was stated last week.
Notice from Winlhrop Committee.—The Committee, Winthrop Smith. Chairman, notifies the holders of the first mort­
gage bonds deposited with the Pennsylvania Company for
Insurances on Lives & Granting Annuities, under agreement
with the committee, dated Sept. 30, 1895, that a large major­
ity of the bondholders have assented to its amended plan.
To enable those who have not assented to do so, and to unite
in the purchase of the property, an extension of time is
granted to 3 P. M. March 25, 1899. Those who do not intend
to co-operate are at liberty to withdraw their bonds. The
committee states that negotiations are pending for sale of
the bonds deposited under the amended plan, with prospect
of success, and if such sale can be consummated upon terms
which, in the judgment of the committee, would be fair to
the bondholders, it is hoped that the assessment may be re­
turned in fu ll.—Y. 68, p. 473.
Kansas City P ittsburg & G u lf R R .—Kansas City Sub­
urban B elt R R .—Reorganization Notice.—Deposits Limited
to A pril 1 . — The reorganization committee, Ernst Thalmann,
Chairman, gives notice that the committee will undertake
to act only for such security holders as shall deposit their
bonds and certificates for shares with the Mercantile Trust
Co. on or before April 1, in exchange for negotiable receipts
for the same. The reorganization plan is expected to be
announced in a few days.—V. 68, p. 430, 187.
'
Louisville & Nashville R R.—Extension.—The gap of 40
miles in this company’s line between Pineapple and Repton,
Ala., is in course of construction, and will give the L. & N.
a direct line from Selma to Pensacola. Surveys are reported
in progress for an extension north of Selma.—V. 68, p. 282.
Manhattan Ry.—Resolution.—Oa Tuesday the Board of
Aldermen adopted the resolution introduced last week by
Mr. McCall requesting the State Board of Railroad Commis­
sioners to stop the elevated railroads from storing cars on
elevated structures.—V. 68, p. 474.
Merchants’ Distributing Xc D istillin g Co.— Incorporated.
—This company h*3 been incorporated under the laws of
New York with a capital of $5,000,000, o f which half will be
preferred, to unite, it is said, some large whiskey blending
and distributing companies, including Merchants’ Distilling
Co. of Terre Hints, I a i.; Duffy Malt W lisie y , R isskain;
Gerstile Co. of Philadelphia, Gottschalk Company of Balti­
more, and Cook & Bernheimer, Luyties & Bros, and E. Hel­
ler & Co. of this city.
Mexican Central Failway Securities Co.— Plan Success­
fu l.—The directors announce that the deposits received
i|insure the success of the company.—V. 68, p. 331.
Missouri Kansas & Texas Ry.— Consolidation.—The Texas
Legislature, by an almost unanimous vote in both bouses, has
passed the bill granting the Missouri Kansas & Texas Ry.
permission to purchase the Sherman Shreveport & Southern
RR. An amendment provides that bonds on the purchased
property shall not be issued to exceed the value placed upon
the road by the State Railroad Commission.
The bill permitting railroads coming to the borders of the
State to lease lines not more than thirty miles in length run­
ning from within the State to the border has also been
passed.—V. 67, p. 631.
Montreal Street R y.—New Stock,—The company has re
ceived permission to increase its capital stock by $5,000,000,
provided that working pen's tickets be issued at much re­
duced rates, good between five and nine a. m. and five and
eight p. m. Several extensions are proposed.—V. 67, p 1000.
National Car Coupler *'o. o f Chicago.—Stock Decreased.—
At Springfield, 111., on March 8, the company certified to a
decrease o f capital stock from $1,000,001 to $250 000.
National Salt Co.—Plan—Securities Over-Subscribed.—
This company is to be organized under the laws of New
Jersey, with authorized capital consisting of non-cnmulative
7 per cent preferred stock, $5,000,000. and common stock,
$7,000,000. The present issue will be: Preferrrd stock, $2 400.000; common stock, $3,500,000. Archibald S. White, Presi­
dent National Salt Co. of West Virginia, has issued, under
date of March 11. a circular giving the following particulars
regarding the consolidation which the new company will
effect :
I t is p ro p o s e d th e co m p a n y sh a ll u n ite in to o n e c o r p o r a t io n th e f o l ­
lo w in g sa lt-m a n u fa ctu rin g p la n ts, p r o d u c in g a m ut 9 0 p er ce n t o f
th e e v a p o r a te d sa lt fro m b rin e b y a rtificia l h e a t m a n u fa ctu re d in
th e S ta te o f N e w Y o r k , v iz .: W a rsa w Salt Go., B ra d le y Salt C o., E m ­
p ire D a iry S a lt C o., W . C. G o u in lo o k aud H a w le y Salt C o., all o f W a r ­
saw , N. Y ., Ith a ea S alt C o., Ithaca, N. Y .; K e r r S alt C o., R o o k G le n ,

March 18, 1899,]

5'15

THE CHRONICLE

N Y .: L e R e y S alt C o., Le R o y . N . Y .; P a v ilio n S a lt O o .. P a v ilio n , I f.
Y .; P e a r! Salt C o., P ea rl C reek, N . Y .; S liv e r L a k e S a lt C o., P e rry ,
N . Y .; C ay u g a Lake Salt C o., L u d lo w v llle , Sf. Y'.; G le n S a lt C o., W a t
^ A n d also t o a o q o lr e th e b usin ess o f th e N a tio n a l Salt Co, o f W est
V ir g in ia , w h ich is n o w a c t la s as a d ia trlb n te r o f th e p r o d u c t o f th e
a b o v e -n a m e d m a n u fa ctories.
I n th e a o q o l s i t o a o f th e fo r e x o ta x p r o p e r t ie s th e n e w c o m p a n y w ill
I s s u e : P referred s to c k , $ 1 ,4 0 0 ,0 0 0 ; co m m o n sto o k . * 3 ,5 0 0 ,0 10. T h e
b a la n c e o f th e c a p ita l s to c k , v iz ., $ 1 ,0 0 0 ,0 0 0 o f p r e fe rr e d and $ 3 ,5 0 0 ,0 0 0 o f co m m on s to c k , w t llh e used s o le ly fo r th e a c q u isitio n o f m od rn
m a n u fa ctu rin g sa lt nlanta. th e p ro d u c t o f o t h e r sa lt p ro p e rtie s In the
S tates o f O h io an d M iehiRan. an d th e g en e -al p u rp o s e s o f the co m p a n y .
T h e a b o v e-n a m ed m an u fa ctu rer^ are to t r a n s fe r th e ir g o o d w ill,
p lan ts, p a ten ts, tra d e m arks an d a ll th eir T lstb 'e t a n g ib le rea l a n d
p e rs o n a l p r o p e r t y to th e n e w o om p a n y , u n d er eertittoates th a t th e y
a re fre e o f all in d e b te d ness, secu red o r o h erw ise. These m a n u fa c ­
tu rers h a ve a g r e e d t o tak e In p a rt p a y m e n t fo r th eir p rop erties a b o u t
55 p e r ce n t o f the p u r c h a s e p r ic e In sh a res o f c a p ita l s to c k o f th e new
com pany.
T h e n e t p ro fits o f th e a b o v e -m e n tio n e d p r o p e r tie s d u rin g the y e a r
1 898 on a p ro d u c tio n o f a b o u t 3 0 0 ,0 0 0 ton s o f sa lt w ere, as certifie d
t o b y th e p a rties re a lizin g th e sa m e r e s p e c t iv e ly , n o t less th a n $ 1 5 0 , 000.
B y th e p ro p u s e d u n io n e c o n o m ie s In th e m a n u fa ctu re , tra n s­
p o r ta tio n a n d d is trib u tio n o f th e p ro d n e t, it Is e s tim a te d , w ill a m o u n t
to n o t le ss th a n $ 1 5 0 0 0 p e r annum . In ca se, fo r a n y re a s o n , a n y o f
th e p ro p erties a b ov e en u m era ted sh a ll n ot b e a cq u ire d as a b o v e Indt
e a te d , t h -n th e re shall be w ith h eld fr o m th e p ro p o s e d tsiu o o f s to c k
a s a b o v e s ta ted , s u ch an a m ou n t as Is es tim a ted to be th e v a lu e o f
s a id p r o p e r t y o r p r o p e rtie s s o o m itte d , a c c o r d in g to a s ch e d u le lo d g e d
w ith t h e U n ited S ta tes M o r tg a g e & T ru st Co.

For the purpose of providing funds for such of the manu­
facturers as prefer to accept cash, a working capital of not
less than $450,000 (consisting of raw material, finished pro­
duct and cash) and to carry out the plan the Atlantic Trust
Company received subscriptions for $1,130,000, entitling the
subscriber to $1,130,000 of preferred and $1,130,0 Oof com­
mon stock of the new company when issued by the United
States Mortgage & Trust Co. This issue was largely over
subscribed, and the allotment will not exceed 50 per cent o f
the amount applied for,—V. 88, p, 499.
New Orleans City KR,—-New Orleans Traction Co.—
Reorganized Company.—The New Orleans City HR Co. has
been organized with $7,300,000 of capital stock (of which
$2,500,00 *five per cent cumulative preferred) to carry out
the plan for the reorganization of the New Orleans Traction
system. See plan in our S m e rr R a il w a y S upplement , also
V. 67. p, 736. The new directors are:
A lb e rt B ald w in , J . C, D en is, P. T . H o w a rd . C. H. H yn m s, R. B . C raig.
J . 11. L e v e r i. A . R. W h eeler, J. C. R u ssell. R, M. W alm a ley . Mr.
W a lm sey Is P re s id e n t an d Mr. B a ld w in Y le e -P r e a ld e n t —Y. 6 8 , p . 429.

New York Gas * E lectric Light, Heat Jt Power C o.—Edison E lectric Illum inating Co. o f New York.—Dcp-sit* o f
Edison Stock.—About 92 per cent of the stock o f the E ll-on
Electric Illuminating Co. o f New York had been deposited
for exchange into th» 4 per cent collateral trust bond* of the
New York Gas & Electric Light, Heat & Power Co. up to
March 10, and large deposits have been made since.—V. 68,
p. 429.
New York tc Ottawa RR.—Right o f Way.— A decision has
been rendered in the Appellate Division of the Supreme Conrt
in this Stale on the question of the right of way through the
Adtrondacks by the New York & Ottawa RR The decision
of Judge Chester against the railroad is reversed, and the
case now goes to the Conrt of Appeals.—V, 66, p. 1189.
North Jersey Street Ry.—Mortgage* Satisfied.—The two
mortgagee of the Newark & South Orange Rv. Co,, a total of
$2 000,0<V), have baen canceled from record The bonds of
the North Jersey Street Rv. are therefore a first mortgage
on the Newark & Smith Orange road, and also, it is under­
stood, on the Montclair and Caldwell branch road. The
North Jersey bonds, it is stated, will begin to draw interest
on and after April 1.—V. 68, p. 41.
Otis Elevator Co,—First Dividend—New Certificates
Ready.—The company has declared a quarterly dividend of
$t 50 per share upon the preferred stock, payable on and
after April 15. The temporary certificates of both preferred
and common stock may now be exchanged for the perma­
nent engraved certificates at the office o f the New Jersey
Registration & Trust Co., New York. —V . 67, p. 1161.
Pacillc Coast Co.—Dioiaends.—The directors have declared
a dividend of '1% per cent on the first preferred stock, 2
per cent on the second preferred stock and 1 per c o tto n
the common stock, all payable April 17. The proposition
to change the fiscal year to end .June 30 instead of Nov. 30
was not approved; bnt the dividends upon the preferred
stock were made semi-annual, and there was set aside from
accumulated and current earnings an amount sufficient to
pay the full dividends on these stocks for the year ending
Nov. 30 next.—V. 67, p. 1161.

preferred stock and second mortgage bonds to be nsed to
fund the floating debt and provide funds for the nse o f the
company.—Y. 66, p. 428.
Pittsburg Plate Glass Co.—Annual Meeting.—At the an­
nual meeting recently President John Pitcairn made an
extended report in which he stated that the net profits for
last year were $1,077,770. Many accounts were charged to
expense, such as machinery, new electrical equipment and
depreciation o f Charleroi coal mines, gypsum plant, etc.
Pittsburg “ Commercial Gazette" quotes further as fo llo w s:
T h e a d v a n c e in th e p r ic e o l p la t e g la s s, w h ic h w a s m a d e In M a y la st,
o n ly a p p lie d to a p o rtio n o f th e p ro d u o t, as th e la r g e tra d e o f th e
c o m p a n y m G e rm a n sizes w o u ld n o t sta n d a n y a d v a n ce , o w in g t o th e
p rice o f fo r e ig n p la te g la s s. T h e c o m p a n y h a s a la rg e n u m b e r o f c o n ­
tra ct* w h ich w e re tak en at th e lo w p r ic e s p r e v a ilin g e a r lv in th e y e a r.
A tte n tio n fs c a lle d to th e fa c t t h a t this c o m p a n y Is n o t o v e r -c a p it a l­
ized, as h a v e b een m a n y o f the re ce n t c o n s o lid a t io n s , and w h ile It has
m a d e tu aterl <1 r e d u c tio n s in th e c o s t o f m a n u fa c tu r in g . It w a s e n ­
tir e ly o w in g to Im p ro v e d m e th o d s an d n o t b y red ucing th e w a g es o f
la b o r . T h e p r o s p e c t s fo r the c o m in g y e a r a re fa v o r a b le . T h e b o n d e d
i d e b t w a s re d u c e d b y $ 2 1 9 ,0 0 0 d u rin g th e p a st y e a r. T h e m o rtg a g e
j o n th e F o r d C ity p r o p e r ty ha s b e e n satistlea,

Staten Island Rapid Transit R R.—Second Mortgage
Bonah drier,-.' Agreement Operative. —Hallgarten 4? Co. in fo rm
of their certificates of deposit for second mortgage 5
per cent bonds that the agreement referred to in circular
dated Jan. 27 is now operative. Dne notice will be given
! when the new 4 per cent bonds to be issued pursuant to Baid
agreement are ready for delivery. The agreement was out­
lined in the C hronicle o f Jan. 28, 1899, p. 189,—V . 68, p. 838.
Syracuse Rapid Transit Co.— Veto President.—William
P. Gannon has been elected President by a combination, it
is said, o f Cleveland and Philadelphia interests.— V. 67,
|p, 848.
j Tecumseh Copper Co.—New Stock.- Of the 60,000 shares
of new stock present stockholders, it is stated, will be given
) the privilege of subscribing fo r 40,000shares, share forshare,
apm the payment of $8 in cash per share. The proceeds
will be used for development work. The remaining 20,000
shares will Oe held in the treasury.
Texas A Pacific KR.—St. Louis Iron Mountain k South­
ern Ry.—Proposed Exchange o f Securities—Reports are cur­
rent that the Texas & Pacific seconds will be offered the op­
tion of exchanging their holdings for a new Iron Mountain
I per cent bond at the r ite o f i j ‘ i , per cent for the incomes.
Nothing has vet been decided upo’n. Kahn, Loeb & Co. will
I form the syndicate to underwrite the offer in case it is de­
\cided upon.—V. 69, p. 283, 390.
j
Third Aveuue RR. o f New York City. —Quarterly.—Earn­
\ings for the quarter ami the six months ending Dec. 81 have
been reported.
O ther
S et
Interest,
B a t, 3 moM.tfui'ff Qro**
i
J holders

Dec. 3 1 . ea rn in g * .
......... $ 5 49,756
1 8 9 7 .........
6 0 2 ,4 0 3
6 m onth*.
1 8 0 3 ......... $ 1 ,1 1 3 ,3 7 0
1 8 0 7 ......... 1,341,141

e a rn in g * .
$ 1 0 0 .3 7 5
2 4 0 .6 2 3

in com e
$ 1 1 ,0 2 0
13,2 37

(a xe*, etc.
f9 1 ,0 3 9
8 9 ,1 1 2

a nee.
$ 1 3 3 ,3 2 6
1 0 4 ,7 7 1

$ 1 1 1 ,4 0 0
559. *97

$ 3 0 ,2 0 7
3 3 ,4 0 0

$ 1 3 3 ,4 0 3
1 80 ,90 3

$ 2 3 1 ,1 5 3
4 1 1 ,7 4 0

L'ana and bills payable, $9,620,122, against $9,693,848 on
June 30.—V. 68, p. 430.
Union Pacillc RR.—Lands.—A t the foreclosure sale on
1 March 9 Judge Win. D. Cornish, representing the company
|(of which he is Vice-President), bought all the lauds granted
the old company in Wyoming except the coal lands, for
i $ 1,235.922. On March 14 he purchased the coal lands for
$1,255,000.—V. 69, p. 478.
United Shoe Machinery Co.—First Dwiderui.—The hoard
of directors at Boston on March 9 declared a dividend for
the current mouth of one-half of one per cent (12J£ cents per
$25 share) on the preferred capital stock, and of two-tbirds
of one per cent (16 2-3 cents per share) on the common capi­
tal stock, payable April 15, 1899, to stockholders of record at
the close of business on March 81, 1899. The official notice
says: “ It is expected that quarterly dividends will be paid
beginning July 15, 1899, at the rate o f 6 per cent per annum
on the preferred stock, and at the rate of 8 per cent per
annum on the common stock."—V. 68, p. 476.
Union Station Ry, o f Buffalo.—New Terminal Station.—
This company has been incorporated with $60,060 of capital
stock (par $ 100) for the purpose, it is said, of building a
Union railro id station at Buffalo. Its articles of incorpora­
tion permit the construction also of 6 miles of railroad from
Main St. in Buffalo to Winchester in West Seneca. The
directors are the following Buffalo men :
L e w is S t o -k t o n . W illiam O. C o r n w e ll. H . H . L ltte ll, F re d . O. M .
L antz T. G u ilfo r d S m ith. F ran k B. B a ird , F ra n k H , G o o d y e a r , W .
C a ry l E ly , G e o r g e U rban, J r,

Park Steel Co.—Ooer-s‘ibscribed.—The subscription books
United Traction A Electric C o.(P rovid en ce).—N e w Vicefor the preferred stock which were opened at in a . m. Tues­
day by Baring, Magonu & Co., were closed at 10:05, the issue President—Dividend Increased.—Mareden J. Perry has been
elected Vice President, succeeding John E, Searles, resigned.
having been largely over-subscribed.—V. 68, p. 475,
The dividend rate has been increased from 3 to 4 per cent
People’s Gas Light k Coke Co. o f Chicago.—New Stock per annum, the next quarterly dividend being 1 per cent,
Ready.— Holder- of interim certificates representing the payable April 1.—V. 65, p. 464,
$3,730,W0 of increased capital stock may now exchange
West Wisconsin Ry. Co.—Final Notice to Bondholders. —
their holdings for engraved certificates at the Central Trust All persona holding bonds of the company are notified to
Co., New York. The regular February dividend of i >3 per file the said bonds in the office of F. W. Oakley, Special
cent on that portion of the recently increased capital stock Master of the Circuit Court of the United States for the
entitled to the same will be paid on delivery of the new Western District of Wisconsin, at Midison, Wisconsin, on
certificates.—V. 63, p. 474, 475,
or before the 15th day o f April, 1899, or be forever precluded
Pittsburg Bessemer & Lake Erie.—New Securities Pro­ from any participation in the fund deposited for the pay­
posed,—-A special meeting of the stockholders is calied for ment of rhe said bonds.
May 5, at Pittsburg, to take action on a proposed used of I tW~lf a r o t h e r In v e n tm o n t nc*$r«
page

526

THE

CHRONICLE,

departs and IJcrcuwmts.
CANADIAN PACIFIC R A ILWAY CO M P A N Y .
EIGHTEENTH ANNUAL REPORT—FOR THE
ENDING DECEMBER 81, 1898.

YEAR

To the Shareholders:
A balance sheet of the affairs of the Company at 31st De­
cember, 1898. together with the usual statements and
schedules, are herewith submitted.
T h e g ro ss e a rn in g s fo r file y e a r w e r e ................................... $ 2 6 ,1 3 8 ,9 7 7 13
T h e w o r k in g e x p e n se s w e r e ...................................................... I o . 0 b 3 .b 0 o a i
A n d ik e n et e a rn in g s w e r e .................... .................................... $ 1 0 ,4 7 5 ,3 7 1 62
A d d in terest ea rn e d o n d e p o sits a n d lo a n s
an d in co m e fro m o th e r s o u r c e s ...................... $ 8 7 ,y b 6 s o
A d d in terest due fr o m D u ­
lu th Boutk S k ore & A tlanta)
R y . Co. o n C on solid a ted
b o n d s k eld b y y o u r Com a n r a g a in s t D eb en tu re
to o k issu ed
. . . . — $ 6 0 4 ,2 8 0 0 0
i e s s a d ra n ce d b y y o u r Cornp0

S

1
* .............
......................... 2 0 9 ,0 0 0 0 0
A d d in terest fro m M in n e­
a p olis St. P a u l & S au lt Ste.
M a rie R y . C o. o n b o n d s
k e ld b y y o u r C om p a n y
a ga in st D e b e n tu r e S tock
issu ed
X
........................
1 2 6 ,4 0 0 0 0
------------------

4 2 3 ,3 6 6 86

$ 1 0 ,8 9 8 ,7 3 8 4 8
D ed u ct F ix e d ('b a r g e s a ccru ed d u rin g tk e y e a r, in ­
c lu d in g in terest on L a n d B o n d s (see p a g e 5 27 ) - 6 ,7 7 4 ,3 2 1 2 4
T k e s u rp lu s fo r th e y e a r w a s ................................... $ 4 ,1 2 4 ,4 1 7 2 4
F ro m this th ere has b een e h a r g e d o ff the
h a lf-y e a rly d iv . o n P r e fe r e n c e S tock :
2 p e r p a id 1st O c to b e r, 1 8 9 8 .............$ 5 3 5 ,5 4 6 67
A n d h a lf-y ea rly d iv id e n d o n O rd in a ry
S tock :
2 p e r c e n t p a id 1st O c to b e r, 1 8 9 8 .-1 ,3 0 0 ,0 0 0 0 0
-------------------1 ,5 3 5 ,5 4 6 67
L e a v in g b a la n c e ............................................................... $ 2 ,5 8 8 ,8 7 0 5 7
F ro m this th e re has b e e n d e cla re d a s e c­
o n d h a lf-y e a rly d iv id e n d o n P r e fe r ­
e n ce S took o f 2 p e r ce n t p a y a b le 1st
A p ril, 1 8 9 9 .................................................. $ 2 3 7 ,1 6 2 5 0
A n d a s eoon d h a lf y e a r ly d iv id e n d o f 2
p e r ce n t o n C om m on S to c k p a y a b le
1st A p r il, 1 89 9 ........................................ 1 ,3 0 0 ,0 0 0 00

2. The working expenses for the year amounted to 59'92
per cent of the gross earnings, and the net earnings to40-08
per cent, as compared with 57-16 and 42 84 per cent, re­
spectively, in 1897.
3. The earnings per passenger per mile were 152 cents
and per ton of freight per mile 0 76 cents, as against 1-82,
and 0'78 cents respectively in 1897
4. Although the gross earnings for the year were consid­
erably beyond those of 1897. the net earnings show a com­
paratively small increase. This was due in part to the rate
disturbances which continued during nine months of the
year, but in greater part to the long continued rains fol­
lowing the harvest in the Northwest, which prevented the
threshing and harvesting and marketing of grain until
within a few weeks of the close of lake navigation, making
it necessary to find employment for the Company’s rolling
stock in other traffic affording little profit.
5. The passenger rate difficulty which prevailed at the
date of the last annual report continued until November,
when it was terminated with results not unsatisfactory to
your Directors. This settlement resulted in a restoration of
the North Bay arrangement with the Grand Trunk Com­
pany, and in removing all visible causes of friction with
that Company.
6. The Company’s ocean and lake steamships, and its
telegraph, express, sleeping cars and grain elevators, have
continued to add largely to your profits, and together
show a handsome increase over any past year.
7. Your property has been maintained in excellent con­
dition throughout and has been much improved in the way
of permanent structures and station and terminal facilities,
and large additions have been made to its equipment. A
detailed statement of the expenditures for permanent im­
provements and new equipment is appended.
8. I wo hundred and eighty miles of your principal lines
were relaid during the year with steel rails weighing 78
pounds per yard in place of the original 56 and 60 lb rails
9. The application o f automatic couplers and air brakes
to your freight equipment is well advanced, and the end of
this heavy expense will soon be reached.
10. The Crow's Nest Pass line, mentioned in the last annual
report, was completed to Kootenay Lake in October, too late
in the year to affect your year’s results as regards earnings.
11. The acquisition of the Columbia & Western Rail­
way, which was authorized at your last Annual Meeting,
has been carried out. and a formal lease has been entered
into which you will be asked to approve. That railway is
now in the possession of your Company, and its extension
westward from Robson to the Boundary Creek Mining Dis­
trict (100 miles), to which your assent was also given, is
now well advanced, and is expected to be completed about
midsummer. This extension, although unusually expensive
n construction, is fully justified by the extensive develop­

rvot, i J "v h i .

ments in the districts it is intended to serve, and which are
as yet without railway facilities.
12. The Company will acquire, in connection with this
line. 1,600,000 acres of land from the Province of British
Columbia; but it is probable that this grant will be con­
verted into a cash subsidy.
13. The attractions of the Klondyke drew away many
prospectors and miners from Southern British Columbia
early in the year, but the development of the mines o f the
latter district has continued, and the shipments of ores have
increased as rapidly as the means of transportation would
permit. The much desired shipping facilities afforded by
the new Crows Nest Pass line and the facilities which will
soon be afforded by the Boundary Creek line, will, without
doubt, give a great impetus to ore shipments and to business
generally in the Kootenay, Rossland and Boundary Creek
districts.
14. Two extensions o f branch lines in Manitoba were
made during the year, one of the Stonewall Branch north­
ward to Foxton. 19'6 miles, and one of the Pipestone
Branch westward 17 miles; the settlement of the country
having made both of these necessary.
15. Your Company expended a considerable amount about
the beginning of the year in ocean and river steamers
for the expected large movement towards the Yukon (Klon­
dyke) country; but unfortunately the steamers could not
be got ready in time to take full advantage o f such trade as
there was; it is however expected that the present season
will afford them profitable employment.
16. The Company’s hotel at Quebec—the Chateau Frontenac—has been most successful, and a large addition was
made to it last year to meet the requirements of the travel
it had so largely stimulated. It has not only become profit­
able in itself, but has from its beginning added materially
to your passenger earnings.
17. A final agreement for the sale of the Aylmer Branch
(between Hull and Aylmer, 7'5 miles) for 0100,000 has been
entered into, subject to your approval.
18. During the year $919,000 of the 4 percent Consolidated
Mortgage Bonds of the Minneapolis St. Paul & Sault Ste.
Marie Railway; $717,500 o f the 5 per cent First Mortgage
Bonds o f the Montreal & Ottawa Railway, and £120,000 of
the 4 per cent First Mortgage Bonds of the Columbia &
Kootenay Railway, in respect of interest upon all o f which
your Company is liable as guarantor, were purchased with
the proceeds of £412,191 four per cent Consolidated Deben­
ture Stock, your Company thereby effecting a considerable
annual saving,
19. During the year £2,285,000 of 4 per cent Preference,
Stock was created and sold, and the proceeds have been ap­
plied to the purchase of the Alberta Railway, to the com ­
pletion of the Crow’s Nest Pass Line, and towards the ex­
penditures for additions, improvements and equipment, al­
ready authorized by the Shareholders,
20. The purchase price of the Columbia & Western
Railway, the amount expended on its extension from
Robson to Boundary Creek, and the cost of the extensions
o f the Stonewall and Pipestone Branches, together with a
portion of the amount expended on general improvements
and equipment, have been temporarily advanced from the
Company’s surplus.
21. The Duluth South Shore & Atlantic Railway, although
still requiring assistance from your Company, is steadily
improving in its earnings. The discovery of extraordinary
deposits of cheaply mined iron in adjacent districts, six or
seven years ago, forced a heavy reduction in the rates of
that railway on iron ore, which had been its chief source
of earnings ; but this loss is being made good by the de­
velopment of a diversified traffic, and your Directors are
encouraged to believe that this line will soon be self-sus­
taining.
22. The Minneapolis St. Paul & Sault Ste. Marie Railway
—the so-called “ Soo Line” —earned last year $413,275 above
all its interest and other fixed charges, but necessary ex­
penditures for rolling stock and various additions and im­
provements prevented the repayment to your Company of
any part o f the advances made prior to 1897. Yon will be
asked to approve measures for placing this important line
on a proper financial footing, such as will admit of its
healthy development and insure its continued profitable
working.
23. Y o u w i l l b e a s k e d t o a p p r o v e e x p e n d i t u r e s f o r im p r o v e ­
m e n t s o f p e r m a n e n t w a y a g g r e g a t i n g $ 1 ,1 5 ".9 7 9 ; f o r a d d i­
t i o n a l s t a t io n , y a r d a n d t e r m in a l f a c i l i t i e s a t M o n t r e a l, V a n ­
c o u v e r a n d o t h e r p o in t s , $788,187 ; f o r t h e c o m p le t io n o f
a i r b r a k e a n d a u t o m a t i c c o u p le r e q u ip m e n t , $305,010; f o r
b r a n c h lin e s t o m in e s in c o n n e c t i o n w it h t h e C r o w ’s N e s t
lin e , $300.000; a n d t o a u t h o r iz e t h e p u r c h a s e o f r o l l i n g
s t o c k t o t h e e x t e n t o f $1,000,00", a s t h e t r a f f ic o f t h e C o m ­
p a n y m a y r e q u ir e .

24. Your Directors are glad to be able to report a con­
tinued and marked improvement in land sales, which for
the year were 348.608 acres for $1,121,744, as against 199,482
acres for $665,740 in 1897. and 87,878 acres for $308,92$ in
1896.
25. The position of the land grants will be found in sched­
ule “ D ” appended to this report.
26. The satisfactory progress which has been made in the
settlement of the Northwest is evidenced not only in the
largely increased land sales of the Company, but in the
number of homesteads taken up from Government lands

THE

March 18. TSW.J

C H R O N IC L E .

527

In M a n ito b a a n d th e T e r r it o r ie s b e y o n d , w h i c h , a c c o r d i n g | C a n a d a , w h i c h a r e d u e in a g r e a t measure t o g o o d c r o p s
t o o f fic i a l r e t u r n s , w e r e 4.848 in 1898 a s a g a in s t 2,406 in 1887.
37. A m u c h la r g e r a m o u n t o f g r a in f r o m t h e N o r t h w e s t e m c r o p s r e m a in s t o b e m o v e d t h a n e v e r b e f o r e a t t h is t i m e
o f th e y e a r , a n d t h is , t o g e t h e r w it h t h e m o s t s a t i s f a c t o r y
a g r i c u l t u r a l a n d in d u s t r ia l c o n d i t i o n s n o w p r e v a i l in g in
C O N D EN SED

BALANCE

2 T .183.317 8-5

B ra n ch L in e s ..................... - ___________
1 5 ,3 9 2 ,7 8 2 6 0
C r o w ’ s N est E x t e n s io n ................................
8 ,7 0 9 ,8 0 6 01
-8 1 9 2 ,7 0 7 ,6 6 6 23
E Q U IP M E N T .
R o llln g s t o c k ...................................
8 1 9 ,1 1 3 ,9 7 4 0 4
L a k e a n d F e rr y S te a m e rs ..........
1 ,1 3 5 ,8 7 4 2 3
' S h o p s an d .M achinery (M o n tre a l,
H o oh ela g a , P e rth a u d C a rie to n
P la ce )
................................
1 .4 3 3 ,5 4 4 0 7
2 1 ,6 -3 ,3 9 2 34
J A P A N A N D C H IN A S T E A M S H IP S A N D A P P U R ­
T E N A N C E S .................................................................................

C O A S T S T E A M S H IP S ..................... ...................................
B R IT IS H C O L U M B IA L I K E A N D R iY E R S T E A M
E R S ............... ................................... ............................... .
A C Q U IR E D S E C U H IIIE S H E L D A G A IN S T D E B ­
E N T U R E S T O C K ISS U E D —
....................... ........................
S ch e d u le " A " . ...............
O T H E R A C Q U IR E D S E C U R IT IE S —
S ch e d u le “ H” ............................. ....................... ................... .
R E A L E S T A T E , s u rp lu s la n d * a t a n d
n e a r M on trea l, a v a ila b le fo r sale ..
3 4 3 ,3 0 8 9 8
H o te ls a n d o t h e r b u ild in g s a t V an
c o u v e r , F o r t W illia m a n d Ban it
S p rin g * H o t e l, h e ld b y T ru stees fo r
t h e C o m p a n y ..........................................
9 1 6 .2 1 8 3 0

j
!

F o r t h e D ir e c t o r s ,
W M . C. V A N
M o n t r e a l , 2 7 th F e b r u a r y , 1899.

SH EET

C O ST O P R O A D .
M a in L ia s .................................................S 1 4 1 .4 2 1 .7 5 9 7 7

Lines acquired and held under per­
petual eases........................................

j a n d g o o d p r ic e s , a n d t o s u c c e s s f u l m i n in g , g i v e s p r o m is e o f
j a la r g e s p r in g a n d s u m m e r tr a ffic ,

3,504,403 01
529,2*9 62
6 7 0 ,4 7 9 9 6
2 5 ,8 9 6 ,6 8 1 77
2 ,1 9 2 ,1 3 1 94

DECEM BER

31st,

1 ,9 0 2 ,0 5 1 7 6
2 0 9 ,3 9 4 73

4 9 9 ,7 9 2 28
T o M in n e a p o lis St, P aul A S au lt S t«. M a rie R a ilw a y ,
e a r t r u s t s .e t e .................... ...................................................
T o D u lu th South Shore A A tla n tic R ailw a y car
tru sts, e t c .......... . ..................................................... .
M A T E R I A L A N D S U P P L IE S ON H A N D .....................
S T A T IO N A N D T R A F F I C B A L A N C E S A N D A t>
C O U N TS R E C E I V A B L E ....................................................
M IS C E L L A N E O U S S E C U R IT IE S A N D A D V A N C E S ,
S ch e d u le “ < T .............
IM P E R IA L
A N D D O M IN IO N
GOVERNM EN TS,
a m o u n ts d u e fo r m ail t r a n s p o r ta tio n (s in c e p a id ) ,
D O M IN IO N G O V E R N M E N T o n a c c o u n t w o r k o n
C r o w 's N est e x t e n s io n a u d In B ritish C o lu m b ia
(s in ce p a id ) ................................................................................
C A S H IN B A N K .........................................................................

4 6 7 .8 1 7 8 9
2 3 6 .2 1 3 19
2 ,5 4 1 ,4 1 0 12
3 ,5 6 5 ,6 3 9 3 8
1 .5 2 9 .8 9 5 25
1 05,791 5 8
8 2 2 ,5 2 9 8
4,1 .7 ,2 2 8 8 0

P r e s id e n t.

1898.

C A P I T A L S T O C K ......................................................................... $ 6 5 ,0 0 0 ,0 0 0 0 0
F O U R P E R C E N T P R E F E R E N C E S T O C K ........
2 0 ,9 5 1 ,0 0 0 0 0
F O U R P E R C E N T C O N S O L ID A T E D D E B E N T U R E
S T O C K ...........................................................................................
4 8 ,0 6 1 ,8 6 6 5 3
M O R T G A G E B ON DS.
1 st M o rtg a g e , b o n d s , 5
p er c e n t ................................... £ 7 ,1 9 1 ,5 0 0 8 3 4 ,9 9 8 ,6 3 3 3 3
C an ad a C e n tra l l e t M ort­
g a g e , a m o u n t o f Issue,
£ 0 0 0 ,0 0 0 ...........................8 2 ,4 3 3 ,3 3 3
S in k in g F u n d d e p o s ite d
w ith G o v e r n m e n t .......... 1 ,5 0 0 ,0 0 0
B a la n c e at m a t u r it y ................
C an ad a C en tra l 2 d M o r tg a g e , 6 p e r
c e n t ............................................................
D u e P r o v in c e o f Q u e b e c o n Q. M. O.
A O. R a ilw a y , a t 4 G 0 p e r c e n t ___
D u e P r o v in c e o f Q u e b e c o n N o rth
S h ore R a ilw a y , a i 4 lin p e r c e n t . ..
A lg o m a B ra n ch , 1 s t M o r tg a g e , 5
p e r c e n t ........... .....................................
N orth S h o re R a ilw a y , 1st M o rtg a g e ,
5 p e r c e n t ..............

8 5 0 ,0 0 0 0 0
9 7 3 ,3 3 3 33
3 ,5 0 0 ,0 0 0 0 0
3 ,5 0 0 ,0 0 0 0 0
0

3 ,6 5 0 ,0 0 0 0 0
6 1 6 .1 1 9 6 7

4 8 ,0 8 8 ,0 9 6 3 3
L A N D G R A N T B O N D S . 1st M o rtg a g e .
A m o u n t o f I s s u e .___ $ 2 5 ,0 0 0 ,0 0 0 0 0
L e s s —A m o u n t r e ­
d e e m e d A ca n o e le d . 2 0 ,5 8 5 ,5 0 0 0 0
------------------------A m o u n t h e ld in t r u s t b y D o m in io n
G o v e rn m e n t, n o t h e a rin g in te r e s t

4 ,4 1 4 ,3 0 0 0 0
1 ,0 0 0 ,0 0 0 0 0

1 ,2 5 9 ,5 2 7 29
B A L A N C E S D U E ON L A N D S B O L D D e fe rred P a y m en ts .............. .......... ........ ................... .....
B A L A N C E S D U E ON TO W N S I T E S t D e fe r r e d P a y m e n ts ................................. . . . . . . . . . . . . . . . . .
ADVANCES—
i T o M o n tr e a l A A tla n tic R y s e cu re d
h b y 8 5 0 0 ,0 0 0 1st M o r tg a g e B on d s..
4 2 1 ,144 tk)
In te re s t t o O c t 1st. 189 4 ...................
7 5 .6 3 7 I S

HORNE,

3 ,4 1 4 ,5 0 0 0 0
L a u d G r a n t B on d s lih p e r c e n t tilt,
g u a ra n te e d b y D o m in io n G o v 't . . .

1 5 .0 0 0 ,0 0 0 0 0
-------------------------- C U R R E N T LI A B I L I T I E S , I n clu d in g C r o w 's N est a n d
C olu m b ia A W e ste rn e x t e n s io n s a n d V o u ch e rs and
P a y -R o lls .....................................
IN T E R E S T ON F U N D E D D E B T A N D R E N T A L O F
L E A S E D L IN E S .
C ou p on * d u e J a n u a r y 1 st, 1 8 9 9 , an d
in clu d in g c o u p o n s o v e r d u e u ot
p re se n te d
..............................
1 ,3 0 5 ,2 2 8 4 0
A c c r u e d t o d a te , n o t d u e ...................
3 4 4 ,8 1 8 3 0
--------------------------C A S H S U B S ID Y F R O M D O M IN IO N
G O V E R N M E N T ..................... .........
2 5 ,0 0 0 ,0 0 0 0 0
S U B S ID Y E A R N E D ON
CROW ’S
N E S T E X T E N S IO N ............... ... .............
2 ,7 7 6 ,1 9 0 00
B O N U SE S FROM P R O V IN C E S A N D
M U N I C I P A L I T I E S ...,.......................
1 ,3 5 0 ,1 8 8 07
--------------------------LAN D GRANT.
51.921,756 a cre s s o ld , a m o u n tin g to
1 2 ,7 8 4 ,8 4 6 2 5
6 ,7 9 3 ,0 1 4 a cre s ta k e n b y D o m in io n
G o v e r n m e n t ........................................
1 0 ,1 8 9 ,5 2 1 0 0

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

1 ,8 5 0 ,0 4 0 7 0

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

2 2 ,9 7 4 ,3 6 7 25
L e ss—E x p e n s e s , c u lt iv a t io n r e b a te
a n d 1 0 p e r ce n t on L a n d G r a n t
B o n d s ta k e n In p a y m e n t .................

2 ,8 7 2 ,7 9 0 2 6
2 0 ,1 0 1 ,5 7 6 99

I 8 * s —E x p e n d it u r e C ol. A
K ooten a y B y. Lands
$ 1 ,1 8 3 88
L oss -C a n c e lla t io n o f M.
S. W. C. B y. s a l e , ........... 2 8 ,1 8 1 5 8

2 9 ,3 0 5 4 0
---------------------------

T O W N S IT E S .
A m o u n t r e c e iv e d fr o m s a le o f T o w n
S ites, n o t c o v e r e d b y L a n d G ra n t
M o r tg a g e .................................................
L ea*—E x p e n d it u r e Im p r o v e m e n ts,
g r a d in g , c le a r in g , e t c . . . ...................

2 0 ,0 7 2 ,2 1 1 5 3

3 ,2 7 1 ,8 7 5 35
9 1 5 ,6 8 2 9 0
2 ,3 5 0 ,1 9 2 45

S u rp lu s re c e ip t* a p p lie d a g a in s t A d ­
v a n ce s on L a n d B o n d in te re s t.......
9 9 2 ,9 0 7 7 6
--------------------------A D J U S T M E N T O F IN T E R E S T O N M O N T R E A L A
A T L A N T IC B Y . A D V A N C E S ............................................
S U R P L U S E A R N IN G S A C C O U N T .....................................
8 4 6 1 ,0 3 1 ,2 0 5 7 9

1 ,3 0 3 ,2 2 4 69
7 5 .0 3 7 48
0 ,4 6 2 ,0 2 3 12

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

N o t e . - I q a d d itio n t o th s a b o v e a ssets, the
C o m p a n y o w n s 1 7 ,1 5 1 .1 7 9 se re s o f land.

I. G. O G D E N , C o m p tro lle r.
F I X E D C H A R G E S 1808.

£ 7 ,1 9 1 ,5 0 0

$ 7 ,0 0 0 ,0 0 0
£ 1 ,1 0 0
£ 2 0 0 ,0 0 0
£ 200,000
$ 2 .3 4 4 ,o O 0

1st Mortgage Bonds 5 p.o.........
P ro v in ce o f Q u ebec, 4 1-20 p c.. ___
N orth S h ore j s t M ortg a g e 5 p .o ......
C an ada C en tra l 2 d M o rtg a g e 6 p .o...
”
“
1 st
•• s in k in g

F o n d ,...,................... .............

St. L a w re n ce and O tta w a 4 p .o .,___
M an 8. W . Ovl. tty. 1st M o r i. 5 p.o..
T o r o n to G rey At Brttoe R e n t a l..... .
£ 4 ,0 0 7 ,3 9 1 15s. 5d, O n ta rio * Q a e b e c D eb en tu re* 5 p .o ..
$ 2 ,0 0 0 ,0 O
O n ta rio A Q u eb ec (ord in a ry ) 6 p.e...
£ 1 ,3 3 0 .0 0 0
A tla n t ic A N o r th W est B y 1st M ort­
ga g e. le ss G o v e m 'e n t p r o p o r tio n
£ 7 5 0 ,0 0 0
A lg o m a B ra n ch 5 p.o.... ......... ...........
R e n ta l. Farnharn to B righam J o t...
R ental M a tta w a m k ea e to V a n e e b o ro
R en ta l N ew B ru n sw ick R a ilw a y

System......................................

R en tal o f Terminals at Toronto......
R e n ta l o f T erm in a ls at H a m ilto n , .
R en tal H a m ilto n Jimct, t o T oron to,
R en ta l M S tephen and M illtow n
R y.
.......—
In terest o n M o n tre a l A W e ste rn R y.
p u rc h a s e ............................. ...............
In te re s t o n e q u ip m e n t teases . . . . . . .

$ 1,7 49 ,9 3 1 6 6

2 53,500 00
267 66
5 8 ,1 0 0 0 0
5 1 ,1 6 0 00
3 s ,9 3 1 34
1 3 7 ,2 0 0 0 0
1 1 0 .0 0 0 OO
9 7 5 ,1 2 > 56

120.000 oo
1 3 6 ,3 3 3
1 8 2 ,5 0 0
1 ,4 0 0
2 4 .8 0 0

34
00
00
U0

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

74
02
24
00

2 ,0 6 0 0 0
2 1 ,7 4 2 3 2
7 0 .0 7 6 93

B ro u g h t f o r t r a n ! .......................................... .................. .............. ....
4« D e h e sto b t St o c k .
Iss u e s f o r ge n e ra l p u r p o s e s ___$ 3 ,9 3 3 ,7 4 8
Issu e f o r C hina A J a p a n S tm ’ s
7 2 0 .0 0 0
Is s u e fo r S o u ris B r a n c h ............ 1 ,0 0 4 ,0 0 0

/

£ 5 ,0 5 7 ,7 4 8 $ 1 ,1 0 1 ,3 7 4 95
Is s u e l o r a c q u ir in g M o r tg a g e
B o n d » o f R o a d s o f w h ich
p r in c ip a l o r in te re s t Is g u a r­
a n te e d b y C. P. R,
1 y e a r o n .......... £ 3 ,9 1 5 ,7 8 7
(im o s . o n . , ____
1 9 0 ,6 3 0
------------------ 4 ,1 1 5 ,4 1 7
7 8 1 ,7 0 3 8 7
£ 9 ,7 7 3 ,1 6 5
In te re s t o n L a n d G r a n t B o n d s 6 9 7 ,9 4 7 74
L e s s : In te re st on D e fe rre d
P a ym e n ts o n L a n d S ales and
p r o c e e d s o t T o w n S ite s n o t
c o v e r e d b y m o r t g a g e ............. 2 6 7 ,4 1 4 7 3

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

4 3 0 ,5 0 3 0 1
$ 0 ,7 7 4 ,3 2 1 2 4

THE

628

CHRONICLE,

[VoL. LXV III,

SCHEDULE “A.”

RECEIPTS AND EXPENDITURES, 1898.

D E T A IL S O P B A L A N C E S H E E T I T E M —“ A C Q U IR E D S E C U R I ­
T IE S H E L D A G A IN S T D E B E N T U R E S T O C K IS S U E D .”
A tla n tic & N orth -W est R a ilw a y , 5 p e r c e n t G u a r a n te e d
s t o c k ...............................................................................................$ 3 ,2 4 0 ,0 0 0 0 0
C olu m b ia A K o o te n a y R a ilw a y 4 p e r ce n t F ir s t M o r t­
ga g e B o n d s ____________ _______ —
— ...........
— .
1 ,2 7 7 ,5 0 0 0 0
M a n itob a S ou ili W estern C o lo n iza tio n R a ilw a y , 5 p e r
oent F irst M o rtg a g e B ou d s....................
........................
7 2 ,0 0 0 00
N orth S hore R a ilw a y 5 p er c e n t F irs t M o r tg a g e B on d s.
6 1 0 ,7 6 6 34
D u lu th S outh S h ore & A tla n tic R a ilw a y —
4 p e r c e n t C o n s o lid a te d M o rtg a g e , g u a r a n te e d ........... 1 5 ,1 0 7 ,0 0 0 0 0
In co m e c e r tio r a t e s ............................................. .— ..............
3 ,0 0 0 ,0 0 0 00
P re fe r re d S tock (c o n stitu tin g a m a jo r it y )....................... 5 ,1 0 0 ,0 0 0 0 0
O rd in ary S tock (c o n stitu tin g a m a jo iit .v )......... ..............
6 ,1 0 0 ,0 0 0 0 0
M in n e a p olis St. P aul & S au lt Ste. M a rie R a ilw a y —
a p. o C on solid a ted M ortgage, g u a r a n te e d .....................
3 ,6 7 9 ,0 0 0 0 0
P r tfe r r e d S tock (con stitu tin g a m a jo r it y )......................
3 ,5 3 3 ,4 0 0 0 0
O rd in ary S tock (con stitu tin g a m a jo r it y ).......................
7 ,0 6 6 ,6 0 0 0 0
S ouris B ra n ch , F irst M ortg a g e B onus, £ 4 0 0 ,0 0 0 ...........
1 ,9 4 6 ,6 6 6 67
P a cific S team sh ip First M ortg ag e B on d s, £ 7 2 0 ,0 0 0 ___
3 ,5 0 4 ,0 0 0 0 0
M o n tre a l & O ttaw a R a ilw a y B o n d s ................................... .
1 ,2 3 5 ,7 5 0 0 0

R E C E I P T 8.
T re a su ry B a la n ce D e c e m b e r 3 1 s t, 1 8 9 7
$ 5 ,3 5 2 ,2 6 2 6 8
S u rp lu s re v e n u e , as p e r s ta te m e n t............. $ 4 ,1 2 4 ,4 1 7 2 4
L a n d D e p a r tm en t—
P r o c e e d s o f la n d s a le s .........$ 7 6 4 ,4 8 0 78
L ess e x p e n d it u r e s ................
8 5 ,0 5 6 9 7

SCHEDULE “ B.”
D E T A IL S O F B A L A N C E S H E E T I T E M - “ O T H E R
A C Q U IR E D
S E C U R IT IE S .”
Mo n t r e a l & Ot t a w a R a il w a y B o n d s.
(A cq u ire d fro m p ro ce e d s o f P r e fe r e n c e
S tock issu ed in 1 8 9 3 )..................................$ 4 0 0 ,0 0 0 0 0
A t l a n t ic <fc N o r t h W e st R a i l w a y B o n d s E g a n r ille B raneh.
(A cq u ire d fro m p rooeed s o f P re fe r e n ce
S to c k )................................................................ 3 T2 ,4 0 0 0 0
-------------------- $ 7 0 2 ,4 0 0 00
M o n t r e a l & A t l a n t ic R a i l w a y S t o c k .
2 1 ,6 0 0 shares, $ 2 ,1 6 0 ,0 0 0 0 0 (c o s t ) ..................................
1 ,4 8 9 ,7 6 1 9 4
(F o rm e rly Br u th E a s tern R a ilw a y )
$ 2 ,1 9 2 ,1 6 1 9 4

SCHJE D l l . l i i « C . ”
D E T A IL S O F B A L A N C E S H E E T I T E M - ‘ M IS C E L L A N E O U S
S E C U R IT IE S A N D A D V A N C E S .”
M in n e a p o l is St . P a u l & S a l l t S t e M a r ie R a i l w a y
C o m pany -.—In eom e ce rtifica te s (c o s t ) ..............................
$ 2 7 0 ,0 0 0
(A cq u ire d in c o n n e ctio n w ith th e c o n tr o llin g in te re s t
in th e s to c k o f th a t C om p a n y .)
C h a t e a o F r o n t e n a c (Q u e b e c H o t e l ), S to c k .................
2 8 0 ,0 0 0
(U n d erta ken in th e g en era l in te re s t o f th e C o m p a n y
in co n n e c tio n w ith th e a cq u is itio n o f th e N orth
Shore R a ilw a y (the C o m p a n y ’ s lin e b e tw e e n M on
treat an d Q u ebec) and In co n n e c tio n w ith th e c a n c e l­
la tio n o f a c o n tin g e n t lia b ility o f $ 1 ,1 0 8 ,6 2 6 th ereon .)
Canada No r t h w e s t L and C o ., S t o c k (cost).................
518,087
(T aken b y this C om p a n y in 1 88 2 as o n e o f th e term s
o f th e sale o f 2 ,2 0 0 ,0 0 0 a cres o f la n d to th e C . N. W .
L d . Co.)
N ia g a r a B r id g r & R e a l E s t a t e ..........................................
96,724
(A cq u ire d in 1 890, w ith v ie w to e x t e n s io n o f line
fro m W o o d s to c k a n d H a m ilto n to N ia g a ra F a lls.)
D o m in io n E x p r e s s C o m p a n y S t o c k ...................................
1-13,750
(T his C o m p a n y ’s E x p re s s , th e s tock o f w h loh is all
h e ld in th e T rea su ry . A m o u n t p a id up rep resen ts
c o s t o f orig in a l eq u ip m en t an d o rg a n iz a tio n .)
I n s u r a n c e P r e m iu m s P r e p a i d ..............................................
6 9 ,0 2 3
(On o o u t r a e t t o s e o u re a d i-a n ta g e o u s term s.)
S o u t h O n t a r io P a c if ic R a i l w a y S t o c k ..........................
2 0 ,0 0 0
(T his C om p a n y ’ s o rg a n iz a tio n fo r line, W o o d s to c k ,
H a m ilton an d N iaga ra F a lls.)
N a k u s p & S l o c a n R a i l w a y St o c k .......................................
3 5 ,0 0 0
M is c e l l a n e o u s S e c u r it ie s a n d A d v a n c e s ....................
1 2 7 ,3 0 9

$679,423 81
L ess L a n d G ra n t B o n d s c a n ­
c e l l e d ..........................

L ess a m o u n t r e m a in in g in
D e fe r r e d P a y m e n t s ........... 6 1 3 ,9 8 8 22
$ 5 9 ,4 3 5 5 9
C o lle c tio n o f D e f ’ d P a y m 'ts 1 3 3 ,6 2 2 56
-----1 9 2 ,0 5 8 15M an. s . W. Col. B y . L a n d G rantP r o e e e d s o f s a le s ............................$ 3 7 7 ,7 1 3 7 7
1 7 ,2 7 8 27
L ess e x p e n d it u r e s .......................
$ 3 6 0 ,4 3 5 5 0
L e ss I n t e r e s t p a id P r o v in o e
o f M a n it o b a ................................
3 8 ,7 6 0 78
$ 3 2 1 ,6 7 4 7 2
L e ss a m o u n t r e m a in in g in
D e fe r r e d P a y m e n t s ........... 3 0 3 ,2 4 1 5 5
$ 1 8 4 3 3 17
C o lle c tio n o f D e fe r r e d P a y ­
m e n t s . . . ........................................
1 0 ,3 2 6 06
2 8 ,7 5 9 2 3 ’
Col.
K o o ten a y R y. L a n d G ra n t—
C o lle c tio n o f D e f’ d P a y m ’ ts $ 8 ,2 8 3 52
L e ss e x p e n d it u r e s .................
4 ,4 7 2 4 8
3 ,8 1 1 0 4
Tow n S ites—
P ro c e e d s o f s a le s .................... $ 2 4 7 ,0 1 0 92
L ess
e x p e n d ’ s, im p r o v ’ s,
g r a d in g , c le a r in g , e t c .......
3 4 ,3 6 6 33
C o lle c tio n o f D e f’ d P a y m ’ s .

00
CO

7 ,0 0 0 0 0

$ 6 7 2 ,4 2 3 81

$ 2 1 2 ,6 4 4 5 9
8 ,9 6 9 69

$ 2 2 1 ,6 1 4 2 8
L ess a m o u n t a p p li'd a g a in s t
a d v a n ce s o n la n d s .............. 2 1 2 ,6 4 4 59
8 ,9 6 9 6 9
4 ,3 5 8 ,0 1 5 3 6

27

57
00

66
00
00
75

M on trea l <6 O ttaw a R a ilw a y —
F r o m p ro o e e d s o f sa le 1 st
M o rtg a g e B o n d s, r e fu n d
o f a m o u n t a d v a n c e d as
p e r b a l. sh eet D ec. 3 1, ’ 9 7
C olu m bia & K o o te n a y R a ilw a y —
F ro m p ro c e e d s o f sa le 1 st
M o r tg a g e B o n d s, r e fu n d
o f a m o u n t a d v a n c e d as
p e r b a l. sh e e t D e o . 3 1, '9 7
B o n u s es—
D o m in io n G o v e r n m e n t su b ­
sid y , e a rn e d o n c o n s t r u c ­
t io n o f C r o w ’ s N e x t E x.
C on solid a ted D e b m tu r e S tock—
A m o u n t issu e d f o r a c q u ir ­
in g g u a r .s e o u r’ s, £ 4 1 2 ,1 9 1
F o u r p t r cen t P r e feren ce S t o c k A m o u n t re a liz e d f r o m sale
o f £ 2 ,2 8 5 ,0 0 0 s o ld t o m e e t
C a p ita l E x p e n d it u r e ..........

$ 2 7 7 ,7 5 8 66

4 9 1 ,0 8 0 9 4

2 ,3 2 2 ,4 4 0 002 ,0 0 5 ,9 9 6 20'

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

$1,529,895 25
S C H E D U L E “ D .’ >—L A N D S.
,
A m ou n t
A vera g e.
Sale*—
A cres.
realized , p e r a cre.
C an ad ia n P a oiiio L a n d G ra n t, 1 8 9 8 ...2 4 2 ,1 3 5
$ 7 7 ,7 9 2
$3 13
1 8 9 7 .. .1 3 5 .6 8 2
4 3 1 ,0 9 6
3 18
M an. S ou th W e ste rn G ra n t___ 1 8 9 8 ... 1 0 6 ,4 7 3
3 6 3 ,9 8 2
3 42
1 8 9 7 .. . 6 3 ,8 0 0
2 3 4 ,6 4 4
3 68
T o ta l s a le s ............................ 1 8 9 8 ...3 4 8 ,6 0 8
1 ,1 2 1 ,7 7 4
3 22
1 8 9 7 .. .1 9 9 .4 8 2
6 6 5 ,7 4 0
3 33%
P O S IT IO N O F L A N D G R A N T S A T D E C . 3 1 8 T , 1 89 8 .
Ca n a d ia n P a cific —
A cres.
A cres
O riginal G r a n t........................................................................ 2 5 ,0 0 0 ,0 0 0
S u rre n d ered to G o v e rn m e n t u n d e r a g r e e m e n t
o f M a rch 3 0 th , 18 8 6 ........................................................... 6 ,7 9 3 ,0 1 4

2 5 ,2 6 8 ,‘•21 10
1 ,4 1 0 ,3 9 7 0 2

A d d , In c r e a s e in C u rre n t L ia b ilitie s ___

2 6 ,6 ! 9 ,2 1 8 1 2
D e d u c t S ta tio n a n d T ra ffic B a la n c e s
a n d a cco u n ts r e c e iv a b le ........................... 3 ,5 6 5 ,6 3 8 38
M is ce lla n e o u s S e cu ritie s an d a d v a n ce s . 1 ,5 2 9 ,8 9 5 25
5 ,0 9 5 ,5 3 3 6 3
L e s s, A m o u n t a t D e c e m b e r 3 1 s t, 1 8 9 7 - 4 ,2 6 3 ,6 2 4 7 7
8 3 1 ,9 0 8 8 6
$ 2 5 ,8 4 7 ,3 0 9 2 6

E X P E N D IT U R E S .
In te rest o n fu n d e d d e b t a n d re n ta l o f
le a se d lin e s d u e J a n u a r y 1st, 1 8 9 8 ,
a n d a c c r u e d t o t h a t d a te .............................
$ 1 ,8 5 1 ,0 1 8 92
„
, „
, ^
1 8 ,2 0 6 ,9 8 6
D iv id en d s o n P r e fe r e n c e Stock.
S o u ils B ra n oh L a n d g r a n ts ................................................ 1 ,6 1 1 ,5 2 0
2 p e r o e n t p a id A p r il 1st, 1 8 9 8 ................. $ 1 9 6 ,6 1 3 33
2 p e r ce n t p a id O c to b e r 1 st, 1 8 9 8 ...........
2 3 5 ,5 4 6 6 7
„ .
_
1 9 ,8 1 8 ,5 0 6
4 3 2 ,1 6 0 0 0
S ales t o D eo. 31st, 1 8 9 8 ..........................3 ,9 5 4 ,8 4 9
D
iv
id
en
d
s
o
n
O
r
d
in
a
ry
Slock.
L e ss ca n c e le d in 1 8 9 8 ..............................
3 3 ,0 9 3
2 % p e r o e n t p a id A p r il 1 st, 1 8 9 8 ............. $ 1 ,6 2 5 ,0 0 0 0 0
---------------- 3 ,9 2 1 ,7 5 6
2 p e r c e n t p a id O c to b e r 1st, 1 8 9 8 ........ 1 ,3 0 0 .0 0 0 0 0
2 ,9 2 5 ,0 0 0 0 0
Q u an tity o f la n d u n s o ld .........................................
i s a q « 7sn
C
o
n s tru ctio n a cq u ire d a n d b r a n c h lin es
M a n it o b a S o u t h W e s t e r n A c r e 's '" ’
’
(S ch ed u le E ) ......................................................
2 8 8 ,6 8 4 3 7
T o ta l G r a n t..............................................................
1 3 9 6 800
C o n s tru ctio n C ro w ’ s N e st e x t e n s io n .........
5 ,5 0 1 ,8 0 0 9 8
Sales t o D eo. 31 st, 1 89 8 .......................... 3 2 9 ,7 0 3
A lb e r ta R a ilw a y p u rc h a se .............................
9 7 6 ,5 9 0 0 0
L e ss c a n c e le d in 1 8 9 8 ..............................
2 ,5 4 0
C o lu m b ia & W e ste rn R a ilw a y p u rc h a se
--------------3 2 7 ,1 6 3
and e x t e n s io n ..................................................
2 ,5 2 0 ,4 7 0 1 6
Q u an tity o f land u n so ld .............................
.
i nfio fiqy A d d itio n s a n d im p r o v e m e n ts m a in lin e
2 ,0 2 2 ,2 8 2 8 8
an d b ra n ch e s (S ch ed u le F )..........................
C o l u m b ia & K o o t e n a y —
' " A cres'
’
A d d itio n s and im p r o v e m e n ts lea sed Hues
T o ta l G ra n t......................................................................
1 90 000
(S ch ed u le G ) ......................................................
1 ,0 8 6 .3 0 0 3 7
S ales to D eo. 3 1 s t, 1 898 ...................................... . . .
2/208
2 ,0 1 6 ,9 6 6 68
R o llin g s to c k , sh o p s a n d m a c h in e r y .........
-------- —----- 1 8 7 ,7 9 2 H o te ls a n d o th e r b u ild in g s a t V a n c o u v e r
1 2 ,1 0 3 6 0
and o th e r p o in ts , h eld in t ru s t..................
T o ta l la n d o w n e d b y th e C o m p a n y ....................................... 1 7 ,1 5 4 ,1 7 9
C oast S team sh ips.
C o m p le tio n o f puroh ase a n d e q u ip m e n t
231,913 34
d J/JA’11! ! 1',011
tl‘ f’ fo r e g o in g th e C o m p a n y w ill r e c e iv e th ro u g h th e
stea m sh ip s “ A th e n ia n ” and “ T a rta r”
B ritish C olu m b ia S ou th ern R a ilw a y a b ou t 3 ,3 5 0 ,0 0 0 a cres.
B ritish Ool. L a k e a n d R iv e r Steam ships.
822,548 50
P u rch a se o f s te a m b o a ts a n d b a r g e s ___
R ea l Estate
P u r ch a s e o f re a l e s ta te in a n d n e a r
C O N S T R U C T IO N -A C Q U IR E D A N D B R A N O H LIN E S.
M o n tr e a l.........................................................
$ 3 2 ,4 6 3 17
S ouris B ra n ch E x te n s io n (P ip e sto n e li n e ) .............
j((94 1 <1 ok
L e ss, s a le o f re a l e s ta te a t T o r o n t o ........
2 2 ,6 1 5 7 0
S to n e w a ll B ra n ch E x t e n s io n ......................................... ........... 1 2 9 ’ l 9 6 8 2
9 ,8 4 7 4 7
N a k u sp & S locan B r a n c h .......................................................
"
i s '3 0 ? S o
G u a ra n teed S ecu rities a cq u ire d by sa le o f
L a k e L em isca m in gu e C o lo n iza tio n R y ........
'5 0 7
4
%
D
eben
tu
re
Stock.
P re lim in a r y su rv eys o f p r o je cte d lin e s .......................................... 4 9 ,4 4 9 7 9
M o n tr e a l & O tta w a R y ., 1 s t M o r tg a g e
B o n d s, $ 7 1 7 ,6 0 0 0 0 ................................... $ 6 6 1 ,8 6 5 7 4
T o t a l ......................................................................................................... $ 2 8 8 ,6 8 4 3 7 C o lu m b ia & K o o t e n a y B y , 1 st M o rt­
g a g e B o n d s, £ 1 2 0 ,0 0 0 ..............................
5 3 0 ,8 1 5 1 6

SCHEDULE “ E.»

31a r c h 18, 1899. J

THE

C H R O N IC L E

B ro u g h t fo r w a r d ........................
. . . . . . . . . . . $ i,iq a fte o g o
M in n ea p olis St. P a u l & Sault Ste. M a rie
R y ..4 ~ o C o iis Q lld a te d B o n d s ,8 9 1 9 ,0 0 0
3 1 1 ., . 7 u6

%3o,tg7,6S7 2 7

I n c r e a s e d m ateria l an d s to r e s o n R a n d .-------- ------------ -

6 1 6 ..2 0 09

408 5 6

822,821,815 92

529

Westchester (Lis & Coke C o.—Incorporated.—This com­
pany baa been incorporated to manufacture gas at Mount
Vernon, X. Y. The capital is $300,090 and tae directors are :
ruonias R. Hodge, Theodore F. Nesbitt aud Clarence S. MoClellan
of M ount Vernon: Thomas L. Holmstrotu of Doug Island City; L , B .
Grunt, P. H. Hampson and Thomas S. White of New York.

A d d , Cash A ssets D ecem b er 3 1 st. 1 803 -$ 1 ,1 4 7 ,2 2 3 80
A d d , A m ou n ts d u e fro m I m p e r ia l a n d
D om in ion G o v e rn m e n ts ..............................
7 28 ,31 1 - 1

Tae company is understood to be a subsidiary corporation
of the United Gas Improvement Co., which already owns
the Yonkers Gas Light Co., and, it is said, will consolidate
$ 4 ,8 7 5 ,5 1 0 0 4
it with the Westchester Gas & Coke Co. The latter has filed
D ess, A m o u n t o t a ccr u e d flx e d c h a r g e s -. 1 ,3 5 0 ,0 1 6 7 0
■—
<34 application for franchises in Mount. Vernon, East Chester,
New Rochelle, Pelham and Pelham Manor.
The consoli­
$ 2 5 ,8 4 7 .3 0 l 26 dated company, it is said, will be known as the Westchester
Lighting C o., and will absorb also the following electric
S T A T E M E N T O P E A R N IN G S F O R T H E Y E A R 1 89 3 .
light companies: East Chester Electric Co., operating elec­
F rom P a ss e n g e rs ............... . ................. .............. ........................
tric light plants at Monnt Vernon, New Rochelle, East Ches­
F rom F r e ig h t ...................... ...........................................................
H
ter and Pelham: Port Chester Electric Light Co., operating
F rom M a ils .. . . . . . ______ _____— ------. . . . . . . — *--------------6 0 9 ,9 7 4 5 ,
From Express...................
.............................. .
615,631 13 plants at Port Chester and Rye; Larchmont Electric Co.,
F rom P a rlo r and S le e p in g C a r s .......................... ...................
4 5 9 ,3 4 5 O . operating plants at Larchmont, M umroueck and New R o­
F rom T e le g r a p h , G rain E lev a tors a n d M iscella n eou s,
in clu d in g p ro d t o n P a elflo S te a m s h ip s ----------------------1 ,6 9 7 ,9 9 1 5 5 chelle, and the White Plains Gas & Electric Co., operating
at White Plains.
$26,133,977 13
In last week's C h r o n i c l e was noted the consolidation, in
the interest o f the American Gas Co., of several Westchester
S T A T E ME S T O F W O R K I S O E X P E S S E S F O R T H E Y E A R 1898.
gas companies nnder the title of the New York Suburban
C o n d u ctin g T r a n s p o r t a t io n ......... ..................................... . $ * ,0 1 1 ,1 7 8 20
M a in ten a n ce o f W ay and S t r u c t u r e s .... ................ .......... 3 ,2 7 1 ,6 * 2 9 0 Gas Co.
M o t iv e P o w e r ...................... ............................ ........ ..................1 ,3 6 6 .2 5 3 15
White Pass & Yukon Kv.—Train to Sumotif.—On Feb.
M a in ten a n ce o f C ars...................... ..............................................
1*62,263 83
P a rlo r and s le e p in g C ar E x p e n s e s ............................. ..........
8 6 ,1 9 7 9 9 30 the codpany celebrated the completion o f its road to the
E x p e n s e * o f Lake an d R iv e r S te a m e r* ................................
4 1 3 ,1 9 5 02
White Puss by sending its first passenger train to the sum­
O e o e r a l E s p e n s e s .. . . . . . . . . . . . . . . . . . . . . --------. . . . . . . . . .
1 .5 8 9 .7 7 7 0 6 mit. The trip from Skaguay, it is said, was made in about
C o m m e rcia l T e le g r a p h ........................ - .....................................
1 5 7 ,0 9 7 3 6
two hours, as against a month a ytar ago. The summit has
$ 1 5 ,6 6 3 ,6 0 5 51 an elevation of 3,883 feet.—V. 07, p. 1162.

STA T E M E S r O F E Q H iP J C B S r A T D E C E M B E R 3 1 S T . 1 898.
L o c o m o tiv e * ................................ ......................................... ........................
611
F irst a n d s e co n d c la s s P a ss e n g e r o a r* . B a g g a g e ca r* a n d
C o lo n ist s teep in g c a r * . . . , ............... ................................ ...................
6 22
F irs t cla * » s leep in g amt d in in g c a r s --------- . . . . . . ......... ............ .
Ill
P a r lo r o a rs , O fficial a n d P a y m a s t e r s 'r a r s ........................... ..
26
F re ig h t an d ca t tle c a n (a ll K in d *).................................... ....................1 6 ,9 * 3
318
C o n d u cto rs ' V a n s . . . . ....... ........................................ ................... .
B o a r d .T o o l a n d A u x ilia r y C ars a n d s tea m s h o v e l s . . . . , -------- 827
P a cific S team ekip * -E m p r e s s o f C h in a , E m p ress o f J a p a n , E m p r e s s o f
In d ia . A th en ia n , T a rta r.
H irer Steam er* fu r Yak >» Tradr - O gtlvte, D u ohesn ajr, H a m lin . M c­
C o n n ell, S cQ w alk a . D alU m , W alsh , D a w s o n .
L a k e S tea m -re—A lb e rta , A th a b a sca , M a n it o b a
p e r r y Steam er* ..O n ta rio. .Michigan.
H irer Steam er*—K o o ten a y D U iritt—K o o te n a y , R u ssia n ,!, L j t t o n , Kf>
X sn*,', s lo c a u . [lllolU ltrea t, A b e r d e e n , T ra il, N elson , M oy le , M in to ,
W in . H u n ter.
Tug*—C olu m b ia , S am ion , Y'mlr.

Yankton Norfolk A Southwestern UR.—Foreclosed.—
R >id to be completed.—This property was sold under foreolosnre at Pierce, Neb., Feb. 7, aud was purchased for
$15,000 by Graham & Roby, railroad contractors at Norwalk.
The purcha-ers confirm the statement that they propose
to complete the road, which as originally projected was to
be 75 miles long, extending from Norfolk, Neb., north to
Y" uaktou. S. D. Of this. 15 miles is graded and 25 miles com­
pleted. Work was suspended two years ago. but will be
pushed to completion as soon as the sale is confirmed and the
weather will permit. A combination wagon and railroad
bridge will be bnilt across the Missouri River at Yankton.
" Railroad Gazette ’’— V. 6*1, p. 860.

—Messrs. -I.-& W. Seligman & Co. offer at 98 aud accrued
interest $1,600,(810 Wabush RR. Co.. Des Moines Division,
fonr per cent first mortgage bonds. Full particulars regard­
1
ing this bond issue will be found in the advertisement on an­
va n .
1*96.
ISO*.
1*93,
1SSKother page. It will be noted that after deducting $250,f
*
•
1
•
i»*10.412 33 4.<W3.l»7 74 4,H*\H3SO 5.79*5,113 12 0,3
IS 000 for new rolling stock the issue of bonds is at the
11,41.'.,
7/
73
il,*
IS.i-3l.lH
0
l4,267„*t«J 9-4
Freltfiu------ .. .
rate of $14,-100 a mile, or if the full limit of
008,9X4 37
iiiH.m* ir.
340 1113 i-H 007.3*3 V*
A S.-2I0 til
Mail*
4*0,101 fcu
asr:
os
Kxprea*
3115,17229
530.749 06
0U.SS1 ts bonds is issued—viz., $1,800,000—the rate will be only
Parlor A *lwp$18,150 per mile, after deducting the value of the new rolling
33I-7JSXW
303.6*5 Ir*
4S3,3 43 07
ing Car*,.
302,037 03
i.777.-55
stock and the terminals at Qnincv. Except for actual con­
T * T o# m p h ,
Qmln El>vs
struction of new line of road, the Wabash Company has not
tor* A Mi*
charged anything to capital account since 1889, all improve­
« * II a ncoas,
lo e in d in g
ments and betterments having been charged to operating
Prciflk*GD Pa
expenses. The subscription books will open at 10 o’clock on
eifle
l.«*l.0645 40 1,14».«MT j* 1,30».*3M *7 1.4W.T84 07 1.(497,W t AS Wednesday, the 23d bast., and close the same day.
*btp*....... .
3*.018.3^4 65 20,13*977 14
T otal........ 1-.5W.1S7 71 1S9MUNM 97
—The Investment Co, of Philadelphia offers at par and
»*- t n ,
m hm ia,AH,ois :o 13,7*.,: 6* JSjl'Yttt&aOi 31
Kjtpeu **•#..,,.. 12,
interest $100,000 first mortgage 5 per cent tKinds of the
N«t
n)u£*
7 4*‘0.°,'0 90 3 4 0 7 /3 1 74 1030*770 4« i<\ 17ft..-171 *1 Maryland Steel Co. The property, which belongs to the
D E S C R IP T IO N O F F R E I G H T C A R R IE D D U R IN G T H E Y E A R S . Pennsylvania Steel Co., is situated upon tide-water, about
13*6 ,
D lS C itlfT lo S —
nine miles from Baltimore, and represents a cost of about
1897.
1998.
Flo ur, barrels.......... ...
3 ,2 9 1 .2 9 9
2 ,9 1 1 ,0 7 2
3 .2 9 2 ,4 5 0 16,000,000. The location on tide-water ts an important factor
3 2.5 JS .2 5 6
3 7 .7 5 6 ,2 0 1
G ra in , bushels
3 5 ,4 4 3 ,0 9 4
5 6 6 .2 1 9
D iv e S to ck , h e a d .........
6 6 3 ,7 7 3
7 1 5 ,0 1 9 in the value of this plant, as shipments can te made direct
Dumber. feet ....................... 636,128.113 831,895,383 8 4 0 ,1 4 5 ,3 3 9 upon vessels to foreign countries without railroad freight
Firewood, cords .................
I6<j,s3t
185,20s
2 0 3 ,3 3 6 charges or rehandling between the manufactory and the wa­
M a n u fa ctu red a rticles, t o o *
1,0 7 0,67 5
1,310,327
1 ,5 2 >.041 ter transportation. The export business is a large and grow­
A ll other artleles, tons.........
978.251
9 9 4 ,9 1 3
1 .1 1 9,03 7
ing one. Full pari icnlars regarding the offer of bonds will
F R E IG H T TB A F P fC .
be found in the advertisement on another page.
1896.
1897.
1393
N u m b er o f ion * c a r r ie d ___
4 ,4 4 2 ,0 5 5
5 ,1 7 4 ,4 * 4
_________
—The report of the directors o f the Bank of British North
5,5
9 2,03 8
N u m b er® ! ton* c a r 'd o n e m 1 ,7 6 9 ,9 5 8 .8 6 5 1 ,9 5 5 .9 1 1 ,0 0 6 2 .1 4 2 .3 1 9 .8 8 7 America, submitted at the sixty third annual meeting on
E a rn in g s p e r to n p er m ile .
0*75 cen t*
0 '7 3 o e n t a
0 7 6 ce n ts
March 7, shows capital and surplus to be £1,300,000 and de­
PA SSE N G E R T R A F F IC ,
posits over two and one-half million pounds. A dividend
1896.
1997.
1898.
out of profits for the half-year of 25s, per £50 share was de­
N u m b e r o f p a s s .c a r r ie d ...
3 ,0 2 1 .9 8 7
3 ,1 7 9 ,5 9 9
3 ,6 7 4 ,6 0 2 clared, making five per cent paid for the year 1898.
N u m b er o r p a d s,oa rP d l m»
2 8 3 ,6 0 7 ,4 5 3 3 17 ,9 9 7 ,9 5 1
4 3 0 , *9 3 ,1 3 9
—The subscription books for the $3,280,000 Toronto Ham­
E arn in g * per pas*, p e r m ile
1 8 3 cen ts,
1 -82 cen ts .
1 ‘5 2 cen t*.
ilton & Buffalo first mortgage 4 per cent gold bonds closed
T R A F F I C T R A I N E A R N IN G S , 1899.
B art) p . T raf. at 2:45 o’clock at the office o f Edward Sweet & Co., the bonds
M ileage
T rain Mile. having all been taken.
B u rn in g*
7 ,i«o .7 i;t
Passenger...............................
* 7 ,9 0 7 ,8 5 4 9 7
$1 11
F r e i g h t . . . . . ................... . . .. 10.4 96 ,1 2 9
—Attention is called to the offering of $301000 Si first
1 5 ,6 9 2 ,3 3 ) 29
1 49
mortgage fifty-year gold bonds of the Raritan River Railway
T otal.
17.0 S 6 .8 9 3 $23,590,100 2 6
$1 34
Co. by C. H. White & Co. Their advertisement is on page
ike l a t i o v f earnings of traffic trains include earnings x.
from Mail-, Express and Sleeping Cars, but do not include
—Attention is directed to the notice of the Jacksonville
Pacific Steamships. Lake Steamers, River Steamers in Tampa & Key West bondholders' committee, of w hichF. J.
Yukon trade, British Columbia Lake and River Steamers. Lisman is Chairman, The notice is advertised on page vii.| |
Telegraph. Elevators, Rents. & c „ the net earnings from
—Rolston Sc Bass offer a limited amount of Southern Pa­
which amounted to $1,078,404 49.
cific ot California 1st gold 6s, underlying lien of Southern
D-X PE M SE s j P E R t r a f f i c T & a I n M IL E , 1998.
Pacific Company. See their advertisement on page vi.
i 'A * « / T
B e g .p e r T ra f
„
C
JIN
B rp en ie *
T r a in M ite.
—F. J. Lisman & Co. have just issued tneir March quota
M aintenance o f w a y and s tr u ctu re s
....... $ 3 ,2 7 1 .6 4 2 9 0
0 185
tion sheet of unlisted and inactive railroad bonds. Copies
Motive power ...... ..................... .......... .
4,886,253 15
0 276
can be had at their offices, 30 Broad Street.
Malnten*n*eof cars ................. ............. . . .
962,263 “ 3
005s
T raffic and gen era l e x p e n s e ) ..................
5 ,6 9 0 .1 5 3 2 5
0-32 2
—Messrs. Emerson McMillln & Co., No, 40 W all Street,
have issued a new edition o f their valuable little book on
*14,793,313 13 40-8.S8
gas securities.
C O M P A R A T IV E

S T A T E M E N T O F E A R N IN G S A N D E X PEN’ S 1.9

THE

630
g lie

[V ol. lxviil.

CHRONICLE.
C

C o m m e r c ia l

COMMERCIAL

T he Movement

EPITOME.

O

op th e

T

T

O

N

.

F r id a y N ig h t , March 17, 1899.
C r o p , as indicated by our telegrams

from the South to-night, is given below. For the week ending
this evening the total receipts have reached 95,510 bales,
F r id a y N ig h t , March 17, 1891.
The general business situation has undergone few changes against 86,913 bales last week and 91,128 bales the previous
week, making the total receipts since the 1st o f Sept., 1898,
of an important nature. Healthy conditions have been 7,441,939 bales, against 7,815,192 bales for the same period of
quite generally noted and the movement of merchandise has 1897-8, showing a deorease since Sept. 1,1898, o f 373,253 bales •
been on a liberal scale. Unconfirmed rumors relative to
R eceipt* a t—
Sat.
M on.
Wed. T h u rt.
T u et.
F ri.
Total.
an agreement being reached between the opposing interests
G a lv e s to n .........
2 ,1 8 2
1 ,1 4 6
3 ,8 6 0
3 ,8 1 8
7 ,1 4 5
4 ,5 9 6 2 2 ,7 4 7
in the refined sugar business has been a feature o f the
T e x . C ity , «Sao.
week. Crop accounts from the West have been in the N ew O r le a n s ... 5 ,3 0 8 4 ,0 7 7 7 ,3 9 4 9 ,1 8 5 3,189 6 ,4 5 6 3 5 ,6 0 9
63
1 ,075
1,091
536
main of a favorable nature and the fall of needed M o b ile ...............
398
179
3 ,3 4 2
14
14
rains has occurred on the Pacific slope. Preparations for the
S a v a n n a h .........
2
,213
870
2,369
9 57
584
3 ,0 8 0 1 0 ,0 7 3
cotton crop have continued backward. Heavy rains have
......
B ru a s w ’ bj& c.
......
......
....
......
1 ,3 4 6
1 ,346
been reported in some sections o f the South, followed by C h a r le s t o n .....
21
92
333
1 ,0 5 9
661
2 ,1 6 9
local floods. Advices from the Philippines have reported an
..........
64
P t. R o y a l,& o .
......
......
......
64
......
105
85
1 ,0 2 1
65
156
139
471
aggressive campaign on the part of the American army, and W ilm in g to n ___
....
..........
..........
W ash ’ to n .& o .
8
8
......
the Filipinos are being subdued. The fact that the rates of
2 ,0 8 5
911
N o r f o lk .............
2 ,1 4 6
592
1 ,1 2 7
1,525
8 ,3 8 6
interest have advanced slightly has attracted increased N’ p ’ t N e w s, &o.
..........
..........
161
......
......
161
attention to the money market.
554
210
1 ,9 4 0
N ew Y o r k ........
95
241
613
227
1,441
Lard on the spot has had only a limited sale, but the tone B o s to n ...............
827
695
1 ,3 4 0
1,246
5 ,8 2 0
271
of the market has held steady, prices being without import­ B a lt im o r e ........ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,649 1,649
1,161
224
415
106
327
39
50
ant changes, closing at 5'55c. for prime Western and 5 ^ c. P h lla d el’ a , <fec..
for prime City. The demand for refined lard has been quiet T o t. th is w e e k 12.278 9,172 18,103 18,903 15,255 21,799 95,510
and prices have weakened slightly to 5'80c. for refined for
The following shows the week's total receipts,the total since
the Continent. Speculation in lard for future delivery has Sept. 1,1898, and the stock to-night, compared with last year.
been quiet and there has been a gradual sagging of prices
S tock.
1 89 7 -9 8
1 89 8 -9 9.
under limited offerings and absence of buyers.
R eceipts to
DAILY CLOSING PRICE8 OF LARD FUTURES.

M a rch ................................

Sat.
5*57

M on.
5*52

Tues.
5 52

Wed.
5 55

T h u rt.
5 52

Fr\.
5*50

M a rch 17.

This
w eek .

G a lv e s t o n ...

22,7 47

S in ce Sep.
1, 1898.

This
w eek.

8 in c e Sep.
1, 1 897.

1 89 9

18,6 34

1 898
137 ,19 7

2 ,1 4 1 ,7 3 3
1 ,8 1 4 ,7 6 8
9 2 ,3 2 8
Pork has been in moderate demand and steady, closing at
..........
4 ,7 4 6
T e x . C.,&o.
8 7 ,4 4 3
7 0 ,7 2 5
$9@9 t>2^ for mess, $10 50@11 50 for family and $10 25@la 50
for short clear. Cut meats have had a limited sale but at N ew O rleans 3 5 ,6 0 9 1 ,8 5 8 ,0 3 7 4 2 ,9 1 8 2 ,3 8 7 ,3 8 5 3 6 2 ,6 1 2 4 4 9 .1 8 1
2 3 4 ,8 2 3
7 ,921
1 9 ,3 9 7
2 2 ,8 9 0
3 ,3 4 2
3 3 2 .7 0 0
easier prices, closing nt 4J^@4J^c. for pickled shoulders, M o b ile ........
14
1 7 0 ,0 9 3
7,351
1 0 7 ,9 4 6
5@5J^c. for pickled bellies and 7@7*^c. for pickled hams. F lo rid a .........
3 7 ,5 5 7
7 3 ,5 3 8
Beef has been in fair demand and steady at $8 50@9 tor S a v a u n a h ... 1 0 ,0 7 3 9 9 9 ,9 7 6 1 8,2 3 7 1 ,1 0 0 ,3 4 7
3 ,0 6 4
9 ,5 1 4
mess; $9(310 50 for packet; $9 50@U 50 for family, and $14 50 B r’ w lok.& o. 1 ,3 4 6 2 6 3 ,1 9 2 7 ,9 8 7 2 3 9 ,1 9 6
2 ,1 6 9
3 4 9 ,7 5 5
2 8 ,1 6 0
4 4 6 ,6 9 9
4 ,7 6 1
1 5 ,8 7 5
@15 for extra India mess in tierces. Tallow has been in fair C h a rle sto n ..
64
2 3 ,2 9 3 12,4 21
7 5 ,2 0 6
demand and firmer, closing at 4^ c, Oleo-stearine has P .R o y a l,* c .
11,7 17
1 8 ,5 0 1
been in moderate demand and firm at 5%c,
Lard stearine W ilm in g ton . 1,021 2 8 9 ,0 1 2 2 ,5 5 3 3 0 6 ,5 2 0
8
.....
1,329
1,227
19
has been steady at 61£o. Cotton-seed oil has been quiet and W ash’ n , <fec.
5 0 ,8 6 7
5 0 ,1 9 5
slightly easier, closing at 26@26J^c. for prime yellow. Butter N o r f o l k ........ 8 .3 8 6 5 8 1 ,5 7 3 5 .4 2 7 5 1 5 ,0 2 3
12
597
1 ,1 6 4
2 3 ,2 3 9
17,521
161
has been in limited supply for fancy grade and the close was N *p ortN .,& c
1 7 9 ,9 1 2
1 ,9 4 0
1 3 1 ,2 6 5
8 5 ,2 3 6
3 ,1 3 7
8 6 ,7 9 2
firm at 14@20c. for creamery. Cheese has continued in de­ N ew Y o r k ..
3 8 ,0 0 0
4 6 ,0 0 0
5,931
5 ,8 2 0
2 6 9 ,6 2 8
1 6 5 ,1 7 4
mand and firm, closing at 9@12%e. for State factory, full B o s t o n .........
3 1 ,6 4 4
2 2 ,1 9 8
cream. Fresh eggs have declined,closing at 13J^c.for choice B a lt im o r e . .
1 ,6 1 9
3 5 ,5 9 9
796
6 4,8 48
1 0 ,4 0 1
4 1 ,6 9 4
Western.
2 ,3 0 5
6 6 ,3 9 7
9 ,2 3 9
P h ila d e l, &o.
1 ,1 6 1
Brazil grades of coffee advanced slightly early in the week.
T o t a ls ........ 9 % 5 1 0 7 ,4 4 1 ,9 3 9 1 4 5 ,7 9 4 7 ,8 1 5 ,1 9 2
7 9 1 ,1 3 1 1 ,0 5 8 ,2 9 7
The advance, however, was not maintained, a continued full
In order that comparison may be made with other yea r-,
movement of the crop and the large supplies in sight having
a weakening influence, closing at 6J>^@6 3 16c. for Rio No wegive below the totals at leading ports for six seasons,
7. Mild grades have been moderately active and steady,
1 89 5 .
1 894.
1 89 8 .
1 896.
1897.
closing at 8c. for fair Cucuta. East India growths have been R eceipts a t— 1 899.
unchanged at 25@25J^o. for standard Java. Speculation in G a lv e s ’ n .& e . 2 2 ,7 4 7 2 3 ,4 3 0
9 ,8 4 9
14,2 23
6 ,0 2 2
16,523
the market for contracts has been moderately active, but for N ew O rlea n s 3 5 ,6 0 9 4 2 ,9 1 8 2 3 ,6 1 6 2 3,0 57 44,3 41 2 0 ,1 0 5
the week prices showed no decided changes, closing steady M o b ile ..........
4 ,5 7 4
442
3 ,3 4 2
7 ,9 2 4
3 ,4 2 9
1,781
The following are final asking prices:
14,2 43
8 ,431
7 ,3 5 0
1 3 ,7 0 9
S a v a n n a h ..
1 0 ,0 7 3
1 8 ,2 3 7
M a r .................... 5 0 5 c . I J u n e ................
5 '2 0 o. I S ept.......................5 '4 5 e .
A p r il.................... 5 '1 0 o. J u l y ..................... 5 '2 5 o. I O ot.........................5 '5 5 e .
M a y .................... 5 1 0 0 . 1 A u g ................ 5 '3 5 o . I D e o .................. ............. 5 '7 5 c .

O has’ to n , &o
W ilm ’ to n , &c
N o r f o l k ____
N. N e w s , &c.
A ll o t h e r s ...

2 ,2 3 3
1 ,0 2 9
8 ,3 8 6
161
1 1 ,9 3 0

1 7 ,1 8 2
2 ,5 7 2
5 ,4 2 7
597
2 7 ,5 0 7

1 ,5 7 0
355
4 ,2 7 0
1 94
8 ,1 5 2

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

1 3 ,1 2 2
2,468
10,0 65
5 ,3 0 5
14,7 92

2 ,3 3 7
4 99
4 ,9 7 0
2 ,8 2 2
3 ,7 2 7

Raw sugars havebeen firm but quiet at 4%e. for centrif­
ugals, 96 deg. test, and SJgC. for muscovado, b9 deg. test.
Refined sugar had a large sale Thursday, on unconfirmed
rumors that the trade war had been settled; to-day prices T o t. th is w k . 9 5 ,5 1 0 1 4 5 ,7 9 4 6 5 ,4 5 9 6 9 ,4 6 0 1 2 3 ,1 3 3 4 9 ,3 5 5
for sofIs were lowered 1 lGrtijJe., closing at 5V£c. for granu­
S in ce S e p t. 1 7 4 4 1 .9 3 9 7 8 1 5 ,1 9 2 6 1 8 0 .8 6 5 4 6 8 6 .4 7 5 7 1 1 1 ,5 4 8 5 4 2 2 ,6 6 4
lated. Other staple groceries nave been unchanged.
Kentucky tobacco has been quiet, but values have been
The exports for the week ending this evening reach a total
well maintained. Seed leaf tobacco has been fairly active. of 62,254 bales, of which 17,393 were to Great Britain, 10,491
Sales for the week were 3,565 cases, as follows: 2,200 cases to France and 34,365 to the rest o f the Continent. Below
1896crop.Wisconsin Havana,ll@12c.; 290 capes 1897crop,W is­ are the exports for the week and since Seot. 1. 1898.
consin Havana, 8%@9}£c.; 200 cases 1897 crop, Pennsyl­
Week Ending M c h . 17,1899. From Sept. 1,1898, to M c h . 17,1899.
vania seed. 1l@ l l^ c .; 200 cases 1895-96 crops Pennsylvania
E xp orted to—
E x p o rted t o —
seed, 12J^@13J^c.; 50 cases 1897 crop, Gebhardt, 13^c.;300
G reat
C on ti- lo ta l
Great
C ontifrom —
cases 1897 crop, Zimmers lfifS'Sc.; 75 cases 1897 crop, State
BriVn.
nent. W e e k . B rita in .
n en t.
Havana, 12@15c.; 1(0 cases 1898 crop, New England Havana,
10,303
2,453 12,759 1,000,083 300,180 490,42$ 1,850,097
Gal veBt o n .......
forced sweat, spotted, S0@40c ; and 150 cases sundries,
13,089
18,685
31,774
e x . C ity, A c..
6@16c.; also 800 bales Havana at 90c.@$1 in bond, and 100 TNew
16,984 22,712 087,060 218,353 518,717 1,424,130
6,728
Orleans.
bales Sumatra at 80c. @$1 70 in bond.
29,271 105,390
2,531 130,116
2,531
M obile..........
Straits tin has had a fair sale and prices have advanced P en sa oola —
72,875 155,255
71,631 10,849
slightly, closing firm at 23'80@23'90c. Ingot copper has Savannah ......
4,000
4,000
51,766 32,216 511,377 595,359
81,123 244,820
weakened slightly, business has been moderately active, Brunsw ick ..
3,872
3,872 103,703
2,013
156,009 231,802
2,013
75,793
closing at 17^c. for lake. Lead has been in better demand C h a r le s to n ..
21,210
21.2L0
......
and firmer, closing at 4'45@4'50c. for domestic. Spelter has P o rt R o y a l.
142,567 200.509
118.002
been steady at 6'25®6'35c. for domestic. Pig iron has been W ilm in aton .
32,147
.... 25,5 23 64.875
in good demand and higher, closing at $14,a.$16 for domestic. N o rfo lk ..
9,955
25,330
193
15,381
193
Refined petroleum has been unchanged, closing at 7'35c. in N ’ Dort N., &c
2,119
186
7,031 220,909 21,339 101.533 403,840
4,717
N
ew
Y
ork
bbls., 4-85e. in bulk and 8'10c. in cases. Naphtha steady at
3,650 331,437
6,624
148
6,772 327,781
n .......
10c. Crude certificates have been neglected; credit balances BB oasto
79,021 179,402
1,050
99,331
203
331
178
lt im o r e ...
have been steady at $1 13. Spirits turpentine has been easier, P hiladelphia.
14,243
14,243
but the close was steady at 47@47J^c. Rosins have been San Fran., &c..
69,000
80,762
11,102
steady at $1 32J,£@1 35 for common and good strained. Wool
17,398 10,491 34,366 62,254 3,071,963 649,993 2,384,847 0,086,913
T o ta l . ...
has been dull and barely steady. Hops have been quiet and
unchanged.
T otal. 1897-98. 104,841
9,084 05,911 179,830 2,777,8 ’ 3 720,917 2,442.807 5.941.577

THE

March 18, 1899.1

CHRONLCLE

In addition to above exports, oar telegrams to-night also
give us the following amounts of ootton on shipboard, n o t
cleared, at the ports named. We add similar figures fo r
New York, which are prepared for our special use by Messrs.
Lunbert & Barrows, Produce Exchange Building.
OS SHIPBOJUiD, SO T CLfi.VSSD FOB—

March 17 at

Other
Great „
Britain. France. Foreign

QoattWitA.

Total.

Futures.— The highest, lowest and closing prices of
Futures at New York are shown in the following table.

1,996
4,912
None.
None.
200
6,000
1.350
10,000

6,862
None.
None.
None.
None.
None.
None.
None.

; 29,324
I 3,658
! 1,09 0
2,000
1,600
1,000
300
1 7,000

586
12,113
None.
700
None.
11,000
None.
None.

38,768
20,083
1,000
2,700
1,800
18,000
1.650
17,000

323,844
71,645
38,557
13,175
17,597
32,867
129,615
67,230

To ta l 1 8 9 9 ...

24,458

6,862

45.882

21,399

101.601

692,530

To ta l 1898. .
T o ta l 1 8 9 7...

78,720
34,063

5,203 120,606 28,900
7,329! 62.321! 8,481

233,429
112,174

824,868
683,256

Speculation in cotton for future delivery has continued to
lack spirit and the drift of prices has been towards a lower
basis. The feature o f the trading has teen continued liq ­
uidation in the near by deliveries by tired outside longs. The
movement of the crop has confirmed to some extent the pre­
dictions of increased receipts and this has teen instrumental
in prompting the holders o f long cotton to unload. D iring
the middle of the week less favorable weather conditions at
the South, the backward preparations for the new crop and
talk of a rednced acreage gave a steadier tone to
the market, and stimulated gome buying o f the new
crop deliveries for investment account.
Subsequently,
however, weather conditions at the Sm th became more fa­
vorable, and the receipts at interior towns showed Increased
supplies of cotton coming into sigh t: this started renewed
selling by tired longs to liquidate their accounts, and values
turned easier. A t the lower prices shorts an ! Liverpool
were buyers of the near-by deliveries, but they sold new
crop months, particularly 'October and January. To day
the market was easier under general selling, prompted by
weaker foreign advice*, a fairly large movement of the
crop for the week and favorable weather conditions at the
South. The close was steady at a decline in prices fo r the
day o f 8<§7 points. Cotton on the spot has been q u iet.
prices declined l-16c. on Monday, advanced 1-IBe. on
Wednesday, declined l»16c, on Thursday. The close was
quiet and easy at 84|e, for middling uplands.
The rates on and otf middling, as established Nov. 16,1898,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
Fair........................................o, tq o n
M iddling P a ir....... ........... .
"son

G o o d O r d i n a r y .. ......... . . . o . l l i * oil

S tr io t G o o d M id d lin g ...........

% on

Good M id d lin g T in g e d .. . . . five s
S trict M iddling S ta in e d .... 7 «. ofl

Good M id d lin g ............ ..........

*son

M id d lin g S ta in e d ...................

7 ,„ 08

S tr ic t L o w M id d lin g ...........

* is o ff
Low M id. S ta in e d ... 1
L o w M idd ling— .................. tie off L o w M idd ling Stained........ 1
S trict Good O rd in a r y ... . . . .
\o ff

off
ofl

On this basis the o'Hola! prices for a few o f the grades for
the past week—March 11 to March 1?—would be as follows,
Sait* I H o n T o e #

UPLANDS

S tq ,
a%
6%
7 » . i ; 7%

L o w M id d lin g ...................
M id d lin g
___ ______
G0o«l M i d d l ln * ... .. .............
M id d lin g F a i r ......................
GULP.
L o w M id c U ln * ................... .
M i d d l i n g ............... .................. . . . .
G ood M id d lin g .......................
M iddlin g Pair .......................
S T A IN E D .
L o w M id d lin g .........................
H
M i d d l in g ....................
Strtxrt M id d lin g ............. ..
G ood M iddlin g T in g e d ____

W ed

Tb.

F r l.

S '
e ? 3«
: 6<-h«
1 7 8 ,,

5 »i«
5*4i,
0%
6%
7%

6%
6%
7%

W ed

TU.

F rl

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5%
6 * i,
6*4
««e
« U ,*
7 :
7 1 ,.
7 % 1 7 »,*

5 »is
«h s

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7
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7
7%

Th,

F r»

5

5

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630

S
6 I6'»
* .,
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6%
6\
7%

HmU

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7 »i*

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6-^i6%
7 1
7%

8 a t,

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§*••

W ed

5
5
5 iu
514,, ‘ 5 1 S „ : 6
6%

S i1
, 6%

®J*»
8»n»

5*1,

The quotations for middling upland at New York on
March I? for each of the past 32 years have teen as follows,
1891 . . . .0 . 91.* . 1 8 8 3 .
1899..-6. 6%
1 8 7 S ___ o . i « q
1 8 9 0 ... — llU *
1689 —
1 8 8 8 ....
1 8 8 7 .......1 0
Ǥ
1 8 8 8 ___. . . 9H
189*...... 7q
1893......... 816,* 1 8 8 5 .... — l l ' i s
1 8 9 2 -......... f l 'h t 1 8 8 4 ...

1898.........
1 8 9 7 ......
1898.........
1895.........

8M

7H
T ’s

j 1882.
1 88 1 .
1880.
1 87 9 .
I«7 8.
1877.
1878.

187*........ ISA,

11873.......Ute
- a js

1 8 7 2 .........2 2 %
1 8 7 1 .. ... .1 5 %

1870........ 23
I I 8 6 0 ......... 2 8 %
I 1 8 6 8 .........25

H o rn .— O n O c t. 1,1874, grades of ootton n , quoted wore changed.
According to the new oleariflcation M iddling was on that day quoted
%o. lower than M iddling of the old classification.

MARKET AND SALES.

S a tu rd a y ..
M onday.. -.
Tu e s d a y . ..
Wednesday
Th u rsd a y..
F rid a y .......
To ta l___

s*
•s'
I

Leaving
Block.

New O rleans...
Galveston.........
Savannah--------Charleston------M o b ile ........... .
N orfolk..............
New Y o r k ........
Other porta___

581

S ales o p Sp o t A Ook trao r

S po t M ar k e t
(JLOSKB.

F utures
Makket
Clo sbd ,

D u ll___. . . . . . . . .
E w y at I 14 dec.
Q u i e t . , . . . .........
Dull at 1 ,. a tv..
Steady at is*de.
E a ty ....... ..

B’rly stead r.
Q nletA e fa y
Qalat A st’dy
S te a d y . . . . . .

...

•heady. . . . . .

.a..

illii
300
300
. . . . ) 1,300) 1,300

...

8O2 ! 8,1001-8,402

Oon- \ Von- i _ ,
port tump, tract. Toi,u
28
...
28
234! 5,100, 5,334
40; 1,400 1,440

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5

T h e V i s i b l e S u p p l y o f C o t t o n t o -n ig h t , as m a d e u p b y
c a b le a n d te le g ra p h , is as fo llo w s . C o n t in e n t a l sto ck s , as w e ll
as those f o r G r e a t B r i t a i n a n d th e aflo at, a re th is w e e k 's r e ­
t u r n s ,a n d c o n s e q u e n tly a ll E u r o p e a n fig u re s a re b r o u g h t d o w n
to T h u r s d a y e v e n in g .
B u t t o m ike th e to ta l th e c o m p le te
figure s f o r to -n ig h t (M c h . 17), w e a d d th e ite m o f e x p o rts f r o m
th e U n it e d S ta tes, in c lu d in g iu it th e e x p o rts o f F r i d a y o n ly .
1889
1898
1897.
1890.
Stock at Liverpool......... bale*. 1,787.000 1,214,006 1,349.000 1,148.000
Stock at L o n d o n .....................
6 ,00 0
4.000
3.000
7.000
Total Great B ritain *tock.l,7»3,ooo 1,211.000 1,352,000 1,155,000
Stock at H am burg............
20,000
9.000
19,000
-----------26,000
Stock at Bremen :..............
418.000
335,000 189.000 257.000
Stock at Am aterdam ........ .
3.000
3.000
0.000
9.000
200
300
300
Stock at R otterdam .................
200
Stock at A n tw e r p _______
12 ,0 0 0
7,000
13,000
14.000
Stock at H a v re ........................... *294,000
235,000 209,000 297.000
Stock at Marseilles..................
5,000
4.000
5,000
7.000
Stock at Barcelona............
75.000
76,000
72,000
79 000
Stock at Genoa ...................
6 1,0 0 0
38,000
42.000
81.000
S to ck * * Trie s te .........................
16.000
4.000
13.000
24,000
To ta l Continental stock* . 903.200 761.800 569.300 ~ 794.200
Total European stocks....2,69 3,200 1,979,300 1,921,300 1,949,200
lndlaootton afloat for Europe
94.000
59.000
1*0,000 1(15,000
Amer. cotton afloat fo r E ’rope. 283.000 551.000 3t7,000 298,000
Egypt. B razil,A c., all t. for E p e
44,000
55.000
37,000
30,000
atock in United .State* porta.. 791.131 1,058,237 795,430 682,755
Stock In U . 8, Interior town*.. 461,755 139,842 301,139 334,183
United State* ex port* to-day..
15,641
41,804
10,357
25,629
To ta l visible supply...........4.373.727 4.183,243 3.552,226 3.484,767
O f the above, total* of Araertcah and other dosorlptlous are as follows:
American Liverpool stock..............hates.1,067,000 1,035,000 1,179,000 949,000
Continental stocks.................... 819.000 727,000 499,000 642,000
Am erican afloat for E u ro pe... 283,000 551.000 3*7,000 209,000
United States atook............
794,131 1,058,297 795,430 682,755
United States interior stocks, 481,755 439,342 301,139 334,183
United States exports to-day..
15.641
41,804
10.357
25,029
To ta l A m erican....................4,6(10,527 3,902,943 3,131,920 2,981,567
S a il Indian, Brazil, 4c.—
Liverpool stock.......................... 120,000 129,000 170,000
London stock........................ . . .
6,000
4,000
3,000
Continental stocks....................
54,200
34,300
70,300
India afloat for E u ro p e ...........
94,000
58,000
140.000
Egypt, Bract!, Ac., afloat.........
40,000
55,000
37,000
To ta l East India. A o ...___ 323,200 280,300 420,300 603,200
To ta l Am erican....................4,050,527 3,902,943 3,131,926 2,981,567
Total visible supply...........4,373.727 4,183,213 3,662,226 3,484,767
M iddling Upland, Live rp o o l..
3*sd.
31i-./oi.
id .
' '' "
Middling Upland, New Y o rk ..
();V \
0 Iso.
7380.
716,00.
E g y p t Good B row n, Liverpool
5% d.
4vi,,d .
53ied .
6%d.
Peruv. Rough Good, Liverpool
d’jd .
OMd.
681Bd,
6% d.
Broach Fine, L iv e rp o o l...___
817*d.
3%d.
3 »i33d.
4319a.
Tfim eveUy Good, L iv e rp o o l...
36,,d .
3 ', ed.
4<L
43njd.
• Cable states H a vre stock lias been revised.
Z W T h e im p o r ts in to C o n t in e n t a l p o rts th e past w e e k h a v e
been 117,000 bales.
T h e a b ove fig u re s in d ic a te a n increase in th e c o tto n in
s ig h t t o -n ig h t o f 190,484 bales as c o m p a re d w i t h th e sam e
d a te of 1898, a g a in o f 831,501 bales o v e r th e c o rre s p o n d in g
da te of 1897 a n d a n excess o f 888,960 bales o v e r 1896

THE CHRONICLE.

b 'S i

[V ol. LXVIII,

Q u o t a t io n s f o r M id d l in g C o t t o n a t O t h e r M a r k e t s . —
\ t t h e I n t e r i o r T o w n s the movement—that is the receipt s
for the week and since September 1, the shipments for the Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
week and the stocks to night, and the same items for the
«U*»Slf40 QUOTATIONS FOR MIDDLING COTTON ON
corresponding period of 1897-98 -is set out in detail below.
Week e n d in g
M arch 17

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The above totals show that the interior stocks have
decreased during the week 111 bales, and are to-night 31,913
bales more than at the same period la3t year. The receipts
at all the towns have been 43,053 bales more than the same
week last year, and since Sept. 1 they are 531,430 bales more
than for the same time in 1897-98.
O

verland

Movem ent

for th e

W

eek and

S in c e S e p t . 1 ,—

We give belo v a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports received Friday nigat. The resalts for the week
ending March 17 and since Sept. 1 in the last two years are
as follows.
1898-99
M a rch 17
W eek.

Since
Sept. 1.

8 h ip p ed —
V ia a t. L o u i s ...................................
V ia C a i r o ...........................................

16,5 42
7 ,7 7 7

8 0 5 ,6 6 6
353,373

R ook Is la n d ............................ .
L o u is v ille ..................................
C in c in n a t i...............................
o t h e r r o u te s , A o ............ .......

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

4 2 /9 1
153 ,78 0
133,639
144 ,07 5

V ia
V ia
V ia
V ia

1897-98.
Week.

14,7 03
8 ,3 7 6
1,898
400
2,836
6 ,599
3,768

S ince
Sept. 1.
7 4 7 .7 6 2
316 6 i4
28,6 19
42,7 15
1 03,111
1 15,722
1 28,801

3 5 ,6 9 2 1 ,633,224

3 8 ,5 8 0 1,4 8 3,41 4

10,5 70
973
3,318

4 3 2 ,15 7
30,4 08
5 8,2 94

12,169
27
1,143

3 8 3 ,2 1 1
21,3 48
3 1 ,6 9 7

T o ta l t o b e d e d u o t e d ..............

14,861

520 ,85 9

13,339

4 3 6 ,2 5 6

L e a v in g to ta l n e t o v e r la n d * ..

20,8 31 1 ,1 1 2,36 5

T o t a l g r o s s o v e r la n d ...............
D ed u ct t\ ip m e n tt—
O verland t o N. Y ., b o s t o n , A o ..
B etw een In te rio r t o w n s ..............
In la n d , & o., fr o m B o o th ...............

25,241 1 ,047,158

* In o ln d ln g m ov e m e n t b y ra il t o C an ada.

The foregoing shows that the week’s net overland movemen t
this year has been 30,831 bales, against 23.241 bales for the
week in 1898, and that for the season to date the aggregate net
overland exhibit! an excess over a year ago of 65,207 bales.
i n S ight a n d S p in n er*
Takings.
R e se lp ts at p o r t s to M ob. 17..
N et o v e r la n d to M cb. 1 7 .............
S ou th ern c o n s u m p t io n to Moh 17
T o ta l m a r k e t e d .........................
.n te r io r ^ to o k s In e x o e s s . - - . , . . .

1893-99.
Week.

Since
Sept. 1.

1897-98.
Week.

S ince
Sept. 1 .

9 5 ,5 1 0 7 .4 4 1,93 9 145,794 7 ,8 1 5 ,1 9 2
20,831 l,U 2 ,t t6 5 25,241 1,0 4 7,15 8
2 6,0 00
7 3 8 ,00 0 21,000
6 3 6 ,00 0
142,341 9 ,2 9 2 ,3 0 4 192,035 9 ,4 9 8 ,3 5 0
*
114 3 5 7 ,6 3 6 *1 9 .2 9 4
3 9 4 .7 6 6

C a m e tn to s ig h t d n r in g w e e k . 142,227
172,741
T o ta l in s ig h t M oh. 1 7 . ..........
9 ,6 4 9 ,9 4 0
9 ,8 9 3 ,1 1 6
N o r t b 'n s p ln n e r s t a k ’ g s t o M ob. 17
* D e c re a se d u rln g w eek .

4 2 ,7 3 0 1 ,8 0 3.14 2

S a v a n n a h ...
C h a rle sto n ..
W ilm in g ton .
N o r fo lk ........
B o sto n ..........
B a lt im o r e . .
P h ilad elp h ia
A u g u sta .......
M em p h is___
St. L o u is ___
H o u s to n ____
C in c in n a t i..
L o u is v ille ...

513,6
516,e
6
6i0
6he
6 i«
6 i i le
6H>
6*8
6 ',6
GM
6hs
6M

M on .

Tues.

W cdnes.

Thurs.

F r i.

6*e
5 78
6
5131(J
5 7e
6
61,6

6%
5 78
5 78
513IB
5%
6
6 !ie
630
6^
e»8
6ia
6
6
618
6*8
638

6%
5 7s
5 7b
513,8
5%
6
61,6
6%
6ia
611,4
6ia
6
6
6*8
6 is
6%

6*8
5 7a
5 78
518,8
5iSig
6
6 iie

618
5 78
5 78
513,6
53,
6
6
63a
6 q,
6=8
67,fi
6
6
618
6*8
638

6*3
6*8
6ia
6
6
6^16
6 is
6*4

6%
6*8
6%
6
6
6^
61s
638

C olu m bus,M in s 5*3
N a s h v ille .........
5%
A th e n s ...............
6 >4
N a tch e z............ 5 U i6
A tla n t a .............
5 15is E u f a u l a ............ 5 78
R a l e i g h .............
6M
L ittle R o o k . . . .
5%
Q b a r lo t te .........
6%
M o n tg o m e r y ...
5%
S h re ve p o rt___
5916
C olu m b u s, G a .
5%
W e a t h e r R e p o r t s b y T e l e g r a p h . —Advices to ns by

tOCOWCO^C5**COtOO5O*tOWQ0 Ut 00^0^0 ^JtO|O ^JtO jy«CJ»O a>-^^O Vi«0
cji t a l c b - ’o V co <103^0 to o o m ac ao e -o * bn co^ o ^ © © c o t o M © © ^ © ©

S © W cn§ to*a - “ © w O ODoo m * oo co to

6M
6 is

The closing quotations to-day (Friday) at other important
Southern markets were as follows.

to

© «£© a>*ot£M©Mto© o»©>^ w © o -w

S atur.

G a lve sto n . -.
N ew O rlea n s

5 1 ,4 7 4 1 ,8 7 0,43 2

telegraph from the South this evening denote that rain has
fallen in most localities during the week, and that in por­
tions of Alabama and Mississippi the precipitation has bee c
heavy, interfering with farm work. In Texas the weather
has been satisfactory as a rule, and much progress has been
made with crop preparations. In the northwestern part of the
State, however, rain is badly needed. In most sections work
is now under way, but generally is very backward. The
Mississippi River is two-tenths of a foot above the danger
line at Memphis, and rising.
Galveston, Texas.—On the whole the weather during the
week has been very favorable for farm work, and much
plowing and planting has been accomplished except in
Northwest Texas, where rain is still badly needed. We have
had rain on four days o f the week, the precipitation reach­
ing fifteen hundredths of an inch. The thermometer has
ranged from 56 to 72, averaging 69.
Palestine, Texas.—Rain has fallen on five days of the week,
to the extent of nineteen hundredths of an inch. Average
thermometer 57, highest 76 and lowest 38.
Corpus Christi, Texas.—There have been showers on two
days during the w eek, to the extent of twenty hundredths
of an inch. The thermometer has averaged 68, the highest
being 8U and the lowest 56.
San Antonio, Texas.—There has been but a trace of rain
during the week. Minimum temperature 50.
New Orleans, Louisiana.— We have had rain on three days
of the week, the precipitation being twenty eight hundredths
of an inch. The thermometer has averaged 68.
Shreveport, Louisiana.—Rain has fallen on three days of
the week, to the extent o f two inches and sixty hundredths.
Average thermometer 59, highest 76 and lowest 42.
Columbus, Mississippi.—It has rained on four days during
the week, with rainfall to the extent of seven inches and
fifty three hundredths. The thermometer has averaged 58,
the highest being 82 and the lowest 30.
Leland, Mississippi.— We have had rain during the week,
the precipitation reaching five inches and seven hundredths.
Tlyj thermometer has averaged 53, ranging from 37 to 72.
Vicksburg, Mississippi.—Rain ha? fallen on four days of
the week, to the extent of three inches and fourteen hun­
dredths. The thermometer has ranged from 46 to 80, averag­
ing 62,
Meridian, Mississippi.—It has rained heavily on three days
of the week. The preparation of ground has been delayed
and planting will be late.
Little Rock, Arkansas.—There has been rain on two days
of the week, the precipitation reaching one inch and twentyfive hundredths. The thermometer has averaged 41, the
highest being 64 and the lowest 24.
Helena. Arkansas.—The weather is now spring-like. Con
siderable cotton yet remains to be picked. We have had rain
on three days of the week, on one of which heavy, to the ex­
tent of one inch and fifty-three hundredths The thermom­
eter has averaged 50'5, ranging from 33 to 68.
Memphis, Tennessee.—Picking and marketing are makiug
good progress. Farming preparations are active. The river
is thirty-three and two-tenths feet on the gauge, or twotentbs of afoot above the danger line, and rising. There has
been rain on four days the past week, the rainfall reaching
ninety two hundredths of an inch. The thermometer has
ranged from 37 to 73, averaging 54'8.
Mobile, Alabama—Reports from the interior indicate that
farm work was interrupted dnring the early part o f the week
by heavy rains. Some progress has been made the latter
part of the week but preparations are seriously backward.
The sales of fertilizer tags in Alabama and Mississippi to
March 1, as officially reported, are about 40 per cent less than
last year. There has been rain on four days of the week,
the precipitation reaching one inch and sixty-eight hun­
dredths. The thermometer has averaged 64, the highest be­
ing 75 and the lowest 52.
Montgomery, Alabama.—W e had rain on four days in the
early part of the weak, but since the weather has been de­
lightful and planters are bard at work preparing for the

THE

Mabcb 18, 1899.]

C H R O N IC L E .

nest crop. The rainfall reached fiity-five hundredths of an
inch. The thermometer has averaged M, ranging from 49
to 80.
Selma, Alabama.—Farming opera’ ions are very backward.
We have had rain on three days o f the week, the precipita
tion reaching one inch and seven hundredths. The ther­
mometer has ranged from 43 to 81, averaging 63.
Madiion, Florida.—It has rained on one day o f the week,
the rainfall bring twenty hundredths of an inch. Average
thermometer 71, highest 85 and lowest of>.
Savannah, Georgia.—There has been rain on two days dar­
ing the week, the rainfall reaching eighty hundredths of an
inch. The thermometer hss averaged 66, the highest being
83 and the lowest 19.
Augusta, Georgia.— We have had rain on three days of the
past week, to the extent of fifty-two hundredths of an inch.
The thermometer has averaged 69, ranging from 4a to 73.
Charleston, South Carolina—Eain has fallen on four days
o f toe week, to the extent o f sixty-one hundredths of an
inch. The thermometer has ranged from 51 to 76, averag­
ing 64.
Stateburg, South Carolina.—Farm work is very backward.
It has rained on three days of the week, the rainfall reach­
ing thirty-two hundredths of an inch. Average thermometer
59 8, highest 77 and lowest 46.
Greenwood. South Carolina,—There has been rain on three
days of the week, the rainfall reaching ninety-five hun­
dredths of an inch. The thermometer has averaged 53, the
highest being 63 and the lowest 44.
Wilson, North Carolina.—It has rained on two days o f the
week, the rainfall reaching one Inch and seventy seven hun­
dredths. The thermometer has averaged 54, ranging from
42 to 73.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
3 o’clock March 16, 1899, and March 17. 1898.

533
1899.

1898.

8 H lb*. S kirt- O o tfn
32* Oop. in g t, com m on M id .
Tufixt.
U plds
to J in est.

d.

d.
d a. a.
a. d.
Fb. 10 5 * ® 6 Sg 4 11§9 6 10
“ 17 513, *9638 4
io ^
“ 24 515,a»6°B 4 1 0 ,9 6 101,

M ch 3 5 7* * 6 ! Ijg 1
“ 10 5 l S ,, - 6 t i ,s 4
*• 17151*), » 6 * r 4

2

a.

a.

311^ 53*
*
3Tja
5*
313s3 513l6-613l6
3 1 ,a 5 % 8 6 3 ,
3%
511j*

06 11
o e ii
0 6 11

2
2

H Ib t. S kirt- C otvn
i n g t , common M io ,
to fin e s t.
TTpldi
8

32* Oop.
Tw ist.

8. d .
e.
4 1^96
l> a 9 6
4 2 U6
4 2 06
4 2 OO
4 2 -06
4

d

d.

81a

3 1 1 ,9

8>a

31133

9
9
9
9

37,«
3T ,a
3%
3H3

European C otton C onsumption to M arch 1.—W e have
received to-day (Friday) by cable Mr. Ellison’s figures brought
down to March 1. W e have also received the revised totals
for last vear and give them for comparison. The spinners’
takings in actual bales and pounds have been as follows:
Great Britain.

•ictober 1 to M a rch 1.

Continent.

Total.

F o r 1 8 9 8 -9 9
Takings by spinners...balea
Average weight of bales lba
Takings In pounda................

2,170,000
1,652,000
3,822,000
511
491
500 0
844,372.000 1,065.470,000 1,909,842,000

F o r 1 8 9 7 -9 8 .
Takloga by splnnera... bales
Average weight of balea.lbs
Takings lo ponnda..............

1.537,000
2,173,000
3.710,000
496
507
50 0 2
779.411.000 1,078.184,000 3,857,595.000

According to the above, the average weight of the deliver e s
in Greet Britain is 511 pounds par bale this season, attains1
507 jounds during th-sam e time last season The Coo .o-m-a
deliveries average 491 pounds, against 496 pound- las- year
and for the whole of Europe the deliveries avsrag 509
pounds per bale against 590‘2 pound* last a< a s -n. Our
lispatch also gives the full movement for this ye.». an i la,t
year in bales of 500 pounds.

MrA. 10, ’99. MrA 17. '98

Feet.

Feet.
N ew O rlean s...

13
32
19
4

M e m p h is ____
N a s h v i ll e .......
S h re v e p o rt........ ....... ..A b o v e aero o f gauge
V ic k s b u r g ..........

9
9
5
9

8-7
40

9 6
0-4
19 2

403

Oct. 1 lo March 1.
Sales 0 1 500 lbs. each,
000 s omitted.

1898-99.

Great
Britain

Spinners' stock Oct. 1.
ee.
Takings to March 1.. 1.699,

I n d i a C o t t o n M o v e m e n t f r o m a l l P o e t s .— The receipts
1.745,
o f cotton at Bombay and the shipments from all India ports S u p p ly ...............
for the week ending Mch. 18, ana for the season from Sept. 1 Ccnaumpi'n.21 weeks 1,449.
to Mch. 16 for three years have been aa follows:
Spinner*'stock Mob.l
208.
1898-99.

Htceipte a t -

Since
Sept. 1.

Week.

Bom bay......... .

1897-08.
_

.

Wttk

8*. 000 1,221,000 54,000

T o ta l a ll—
1898-99.
1897-98
1896-97.

1 ,0 0 0

.........

O onli
nent.

Si net
Sept. 1.

53.000

855,000

In
In
In
In
In

G reat
B rita in .

Total,

C o n ti­
n ent,

Total.

1.000

2 ,0 0 0

10,0 00

lo.ooo

2 ,0 0 0
1 6 ,0 0 0

1,000

2 ,0 0 0
2 ,0 0 0

14.000

1 ,000

10.0 00

12.000

5,000

23.000

28.000

2 ,0 0 0
2 ,0 0 0
6 ,0 0 0

15.000
7.000
14.000

4 , COO
10,000
17,000

59,000
24.000
44,000

63,000
34,000
61.000

1 2 ,0 0 0

316,000
153.000
363,000

370.000
109, OOg
407,000

—

4,000

4 ,0 0 0

1.000

l.ooo

5,000

6 .0 0 0
1 ,000

228.000
232,000

112 ,00 0

232.00C
114.000
293.000
16,000

Iota.

48 3
2,131.

549
3,820,

31.
1,559.

214.
3,715

2.624,
1,906,

4,369
3,355

1,590
! 1,336

1.014

204

718

October . . , . . . .
Novem ber..........
Decem ber..........
January ..............
Febmwrv

69.0
69.0
69,0
69,0
69 0

90.0
90.0
90,0
92,0
92,0

159,0
159.0
159,0
161,0
161,0 11

1.000
11,000

16.000
44.000

A l e x a n d r ia
R e c e i p t s a n d S h ip m e n t s o p
C o t t o n .—
T h r o u g h arrangement.-; we made with Messrs. Davis, Benaohi
dfc C o ,, of Liverpool and Alexandria, we now receive a weekly
oable o f th e movements o f cotton at Alexandria, Egypt. The
f o llo w in g a re the receipts and shipments for the past week

and forthe corresponding week of the previous two years.
!

Alexandria, Egypt,
Jf arch 15
Receipt*
...
Ttri* wee* ..........
Since H^pt. 1 ______

1898-99.

1 8 9798 .

1896-97.

8 >.000
5,106.000

9S.000
140.000
5.256,000
6 063.009 !
This i Since ; This i Since
TM l
Eteri
w eek . Sept. 1.
week. Sept. 1. 1 tseek . Sep <

Kvporta (hales)—
1
T o L iverp ool............. 6,000 234,000
9,000i279.000| 6,000 261,000
T o C ontinent!. . . . . . . 12.000 233,000 15.000 783.000
6,000 257,000
To ta l Hump*......... IS.OOOi 467,000 24.000 567,000 112 000 526,000

' A eantar u 93 pounds.
♦ Of which t o A m e n * * In 1 3 9 3 -9 9 . 3 0 ,9 7 4 b a le * : In 1 8 9 7 -9 3 . 3 0 ,9 3 8
bales; In 1896 9 7. 3 3 .9 9 3 bale*.

vtaNcfieaTgR H tsm tT .-O u r report received by cable
t o -n ig h t fro m Manchester states t^at the market is fasy
fo r y a rn s and steady for shirtings. The demand for cloth is
p oo T, W e give the prices for to-day below an ■ leave those
f o r p re v io u s week* of this and last year for comparison.

2.339, 3,929,
3,822, 3,208,
721.

517,

60,0
66,0
68,0
66,0
66,0

86,0
80,0
86,0
88,0
88,1’

152,0
152,0
152,0
154,0
154

( F r i d a y ) iv e n in g n y le le g r a p h f r o m th e v a r io u s p o i r i th e
de ta ils o f th e Sea Is la n d c o t t o n m o v e m e n t f o r th e w e e k , T h e
receipts fo r th e wees e n d in g t o -n ig h t (March 17) and since
S e p t. I , 1898, th e s to c k s t o -n ig h t , a n d th e s a m e ite m s f o r th e
c o rre s p o n d in g o e rio d s o f 1897-93, a r e as f o llo w s .
1898-99.

1 ,000

183
2F156

The fo re g o in g shows that the weekly consumption is now
161,000 bales of 500 pounds each, against 154,000 bales o f like
weights at the corresponding time last year. The total
spinners' stocks in Great Britain and on the Continent have
increased 125,000 bales daring the month, and are now 233,000
bales more than at the same date last season.
S k a I s l a n d C o t t o n M o v e m e n t . — W e h a v e re c e iv e d this

4.000

Pi

Bomb h j —
1898-99..
1897-98-.
1896-97..
Calcutta—
1898-99..
1897-08..
1896-97
Madras—
1898-99..
1897-981896-07-.
All o th e rs 1898-09 ,
1897-08..
1896-97-

G reat
B rita in .

692.000

Week.

Total.

Weekly Consumption,
OO* omitted.

S ince S ep tem b er 1.

F o r ik e Week.
E xp ort*
fro m —

1 Since
Sept. X.

1890-97.

1897-88,

Great Oont\
Britain nent.

Conti
nent.

Seceipts to March 17.

1897-98.

Sloe*

Since
T A H 1 Stare
Thie
week. Sept. 1. week. Sept, 1. 181 9

T o t a L ....... ....................

1898.

ft.saft'ift fiaa
2,121 3,«45
1,456 L3 0 8

290

49,674
681
5.135
296
6,807

229
185

58.197
9.745
6,534

6541 61.816

414

72,476 12,475 20.780

Tbp export* for the week ending this evening reach a total
>f 212 bale*, of which 127 bales were to Great Britain, 85
to France and ---- to Reval. and the amount forwarded to
Northern mills has been 435 bales. Below are the exports
for the week and tince September 1 in 1898-99 and 1897-98.
S xp orlt
’ rom —
■>*vannah...
CJhArl’t ’ n.dto
F lorid a , dto.
Bnw Y o r k ..
B o flto n .........
B alt., A to..,.

‘F*** E n d in g Mch. 17. S ince Sept, 1 ,1 8 9 8
G rea t F r'n ce
G rea t F r'n ce
T o ta l. B r it’ n
T ota l.
dc.
B rit'n .
dkc.

" l2 7

'**¥ #

‘ *912

4 .9 4 9
1,405
200
7,741
1 ,9 4 5
1,482

7 ,9 4 0
1 ,4 0 5
200
4 ,7 8 2 1 2 ,5 2 3
1.945
1 ,4 8 2
2 ,991

H orth'n Mi *,
Week

S inci
8 cp t,\ .

139 2 8 ,3 9 9
918
0 ,0 4 3

"2 9 6

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

127

85

2 1 2 1 7 ,7 2 2

7 ,7 7 3 2 5 ,4 9 5

435 3 0 ,9 0 0

T otal 1897-8

1 ,6 2 5

167

1.892 2 5 ,1 3 5

6 ,6 2 9 3 1 ,7 0 1

3 0 7 2 7 ,2 5 5

Quotation? March 17 at Savannah, for Florida*, common
9c.; medium fine, 10c..: choice. 13c.
Charleston, Carolina*. medium line, 18c.; fine, 20c,; fully
fine, 22 to 95c.: extra fine. 40 to >50c.

THE

534

CHRONICLE.

[VOL. LXVII1.

The tone of the Liverpool market for spots and fu tu re s
N ew E ngland M ill S ituation — W ages Increased . —
Further notices have been given the past week by mills in each day of the week ending March 17 and the daily c lo s in g
New England of a restoration on April 3 of the wages rul­ prices o f spot cotton, have been as follows.
ing before the cut down of January, 1898. The number of
operatives affected now reaches considerably more than
Spot.
Sat’ d a y. M o n d a y . T u esda y. W ed'day. Thursday F V id ay.
100 ,00 0 .
J ute

B utts , B agging , & c .—The market for ju te bagging
has been devoid o f animation during the past week and
prices are nominal at 55a@53^ c. for 1% lbs. and 0@6V£c. fo r
2 lbs., standard grades. Jute outts continue dull as a rule,
although some business is reported to have been put through.
Quotations are l ’05c. for paper quality and l% c . for m ixing to
arrive.
S hipping N ew s .— A s shown on a previous page, the
exports of cotton from the United States the past week have

reached 62,254 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:

s.

T otal b a le
N e w Y o r k — T o .L iverpool, p e r stea m er C e v ic, 8 2 7 u p la n d an d
954
127 Sea I s la n d ....................................................................................
372
T o H ull, p er stea m er M a rtello. 3 7 2 ................................................
250
T o M anchester, p e r stea m er F la x m a n . 2 5 0 ................................
543
T o N ew ca stle, p e r stea m er M a rem o, 5 4 3 ...................................
T o H a vre, p e r stea m er L a C ham pagn e, 100 u p la n d a n d 85
1 /5
T o B rem en, p er steam ers H . H . M eier, 0 5 5 — O ld en b u rg,
1 ,6 7 4
1 ,0 1 9 ....................................................................... ............................
150
T o H a m b u rg, p e r steam er P e n n sy lv a n ia , 1 5 0 ...........................
1,100
T o C openhagen, p e r stea m er W iu ela n d , 1 ,1 0 0 ..........................
205
T o G en oa, per stea m er A lsa tia , 2 0 5 ................................- ............
1 ,488
T o T rieste, p e r stea m er A b b a z ia , 1 ,4 8 8 .......................................
100
T o V en ice, p er stea m er P ooa sset, 1 0 0 ...........................................
N e w O r l e a n s —T o L iv e r p o o l -M a r c h 11—S team ers Win. Clifl'e,
5 ,1 7 8
1 ,1 7 8
M a rch 1 6 —S team er C uban , 4 ,0 0 0 .............................
5 0
T o B elfa st—M arch 10—S tea m er I n is h o w e n H ea d , 5 5 0 .........
4 ,8 4 7
T o B rem en - M a rch 16 -S te a m e r R a m lllies, 4 ,8 4 7 ..................
2
40
T o L is b o n -M a r c h 1 4 - B a r k S aturnus, 2 4 0 ...............................
T o B a rcelon a M arch l u - S t e a m e r C om in o, 2 ,2 9 8 -----M ch.
7 ,1 0 8
17—S team er M iguel M . P in illo s, 4 ,8 1 0 ....................................
T o G e n o a —M a rch 1 4 —S tea m er P e rs ia n P rin c e , 4 .7 8 9 ........
4 ,7 8 9
G a l v e st o n —T o H a v r e —M oh. 1 0 —S team er H em isp h ere, 10,306 1 0 ,3 0 0
503
T o H a m b u rg—M a rch 1 L—S team er N o rd fa re r, 503 ...............
1 .3 .0
T o C o ie n h a g e n - M a rch 1 1 —S tea m er A rkansas, 1 ,3 0 0 ........
6^0
T o A a rh a u s—M arch 11—S tea m er F in la n d , 6 5 0 ........................
M o b il e —T o L iv e r p o o l —M a rc h 17—S tea m er M ob ile, 2 5 3 1 .—
2 ,5 3 1
S a v a n n a h —T o St. P e t e r s b u r g —M ch. 1 1 —B a rk C h a rlotte, 4,000 4 .0 0 0
B r u n s w ic k —T o B re m e n —M ch. 1 4 —S team er G o rse m o re , 3 ,8 7 2
3 ,8 72
C h a r l e s t o n —T o H a m b u rg M ch. 15 —S tea m er St. G eorg. v,013
2 ,0 1 3
N e w p o r t N e w s —T o L iv e r p o o l—M a rch 11—S team er R a p p a ­
h a n n ock . 1 9 3 ........................................................................................
193
B o sto n —T o L iv erp ool— M arch 7—S team er V ic to r ia n , 2 ,3 5 6 ___
M arch 1 0 —S team ers C a ta lon ia , 1 ,2 7 4; M ich ig a n , 2 2 1 ___
M a rch 14—S team er K a n sa s, 5 7 1 — M a rch 15—S team er
C an ada, 2 .2 0 2 .....................................................................................
6 ,6 2 4
T o Y a rm o u th —M arch 1 3 —S tea m er B o sto n . 1 4 8 ......................
148
B a l t im o r e —T o L iv e r p o o l—M a rch 1 5 —S team er In d ore, 2 0 3 ___
203
T o R o tte rd a m —M arch 1 0 —S team er T a b a s co, 1 7 8 ..................
178
5 0 0 b a les co* to n c r e d ite d t o “ U rb in o ” la st w eek w e n t to
A n tw e rp p e r ‘ U l la p o o l /'
T o t a l............- . ...........................................................................................

6 2 ,2 5 4

The particulars of the foregoing shipments, arranged
our usual form, are as follows.

In

G reat F ren ch GerOth.hTrope—> M exico,
B rit’ n . p orts. m a n y. N orth. South,
die. J a p a n . T o ta l.
N ew Y o r k . 2,119
185 1 ,8 2 4 1 ,1 0 0 1 ,793 ........................
7 ,0 2 1
N. O rleans. 5 ,7 2 8 .......... 4 ,8 4 7 .......... 1 2 ,1 3 7 ........................ 2 2 ,7 1 2
G a lv e s to n ................ 10,306
503 1 ,9 5 0 ...................................... 1 1 .7 5 9
2 ,5 3 1 ..................................................................................
2 ,5 3 1
M o b ile .......
S av a n n a h .............................................. 4 ,0 0 0 ......................................
4 ,0 0 0
B ru n sw ick .......................... 3 ,8 7 2
3,872
C h a rleston .......................... 2 ,0 1 3
2 ,0 1 3
N ’p ’t N ew s
193 ............
...................................................................
193
B o s t o n ----6 ,6 2 4 .....................................................
14S ..........
6 ,7 7 2
B a ltim o r e .
203 .........................
178 ......................................
3 82
T o t a l . . . . 1 7 ,3 9 8 1 0 ,4 9 1 1 3 ,0 5 9

7 ,2 2 8 1 3 ,9 3 0

148

..........

6 2 ,2 5 4

To Japan since September 1 shipments have been 68,700
bales trom Pacific Coast, 15,073 bales from New Orleans,
13,960 bales from Galveston and 200 bales from New York.
Cotton freights at New York the past week have been
as follows.
S a tu r.

M on.

Tues.

L iv e r p o o l............. c.
101
101
lo t
Do
........... d.
....
....
....
H a v r e ....................c.
251
25»
25t
B re m e n .................c.
201
201
201
221
H a m b u r g .............e.
22t
221
A m s te rd a m ......... c.
251
251
25t
R o tte rd a m ........... c.
271.1
251
251
R e v a l, v. H am b..e.
40t
101
401
30!
301
D o v . H u l l ...e .
301
G en oa .................... c.
231
231
23!
T r i e s t e ................. e. 2 8 ® 101 2 8 ® 3 0 t 28®301
A n tw e rp ...............d.
211
211
21t
G h e n t,v .A n tw ’ p .d .
271
271
27'
1 C en ts n et p e r 100 lb*.

Wednes. Thurs.
lo t
....
251
20t
221
251
25401
301
23t
283301
211
27'

F ri.

lo t

101

251
201
22f
25'
251
401
291
23i
281
21t
27t

25
20
22
25!
251
401
291
23
28t
2 It
2 7t

L iverpool . —By oable from Liverpool we have the follow ­
ing statement of the week’s sales, stocks, &c., at that port,
F eb. 24

M ch. 3.

Mch. 10

M ch. 17.

Bales o f th e w e e k ........... b a les.
48.0 00
61,0 00
59.000
6 5 .0 0 0
O f w h ich e x p o r te r s t o o k . . .
2 ,4 0 0
4 ,100
4 ,5 0 0
5 ,8 0 0
O f w h ich s p ecu la tors t o o k .
400
100
100
700
Ba ee A m e r ic a n ..........................
44.000
56.0 00
5 9.0 00
53.000
A otn a e x p o r t .............................
10.0 00
17.000
6,000
12.000
F o rw a r d e d ...................................
64.000
78.0 00
6 9.0 00
73.000
T ota l btook—E stim a ted ........... 1 ,8 0 1,00 0 1.7 8 5.00 0 1,812,000 1 .7 8 7.00 0
O f w hich A m erica n —E stm ’ d 1,6 3 6,00 0 1.6 6 3.00 0 1,6 8 9,00 0 1 .6 6 7.00 0
T otal im p ort o f th e w e e k ........
9 2 .0 0 0
7 9 .0 0 0
1 07.000
5 5 .0 0 0
O f w h ioh A m e r ic a n ...............
76.0 00
7 0 .0 0 0
91.0 00
4 6 .0 0 0
A m ou n t afloa t.................. ..
1 95 .00 0
1 7 4 .0 0 0
1 32 .00 0
9 9 .0 0 0
1 90 .00 0
O f w h i oh A m e r ic a n ...............
1 7 0 .0 0 0
1 30 .00 0
9 5 .0 0 0

M a rk et, ?
L:45 P. m .J

Quiet.

Barely
Moderate
supported demand.

M id. U p l’ ds.

31332

31332

8 p e c. & e x p .

8 ,0 0 0
1 ,0 0 0

1 2 ,0 0 0
1 ,000

Firm.

Steady.

Fair
business
doing.

3%

33s

3%

33s

1 0 ,0 0 0
1 ,0 0 0

1 2 ,0 0 0
1 ,0 0 0

1 2 ,0 0 0
1 ,0 0 0

1 0 ,0 0 0
1 ,0 0 0

Quiet.

Quiet.

Barely
steady at
1-64 dec.

Steady.

Quiet.

Quiet.

F u tu res.
Br’ ly st’dy Irregular Steady at
M arket, ) 1
Qt 2-04
1-64 de­
at a
1:45 P. M.J decline.
cline.
decline.
M a rk et, ?
4 P. M. J

Good
demand.

Steady.

Steady.

The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low M iddling
clause, unless otherwise stated.
^ 7 The 'prices a r e g iv e n in p e n c e a n d Q4,ths.
2 6 3 -6 4 d .. a n d 3 01 m ea n s 3 l - 6 4 d .

T h u s:

2 63 m ea n s

T h u rg,
T ues.
W ed.
F r i.
M on,
S a t.
M a rch 11 to
M a rch 17. 12% 1 1 :45 4 1:45 4 1 :4 5 4 1 :45 4 1 :4 5 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P. M. P.M.
M a r c h ..........
M o h .-A p ril..
A p r il-M a y ..
M a y -J u n e ...
J u n e - J u ly ..
J u l y - A u g ...
A n g .-S e p t...
S e p t .-O c t ...
O o t.-N o v—
N o v .-D e o . . .
D e c .-J a n —
J a n .-F e b ___

3
3
3
3
3
3
3
3
3
3
3
3

d.
21
21
21
22
22
22
22
21
21
21
21
21

d.
3 21
3 21
3 21
3 22
3 22
3 22
3 22
3 21
3 21
3 21
3 21
3 2L

3
3
3
3
3
3
3
3
3
3
3
3

d.
20
20
20
21
21
21
21
20
20
20
20
20

3
3
3
3
3
3
3
3
3
3
3
3

d.
21
21
21
21
22
22
22
22
21
21
21
21

3
3
3
3
3
3
3
3
3
3
3
3

d.
19
19
10
20
20
21
21
20
19
19
19
19

3
3
3
3
3
3
3
3
3
3
3
3

d.
20
20
20
21
21
22
21
21
20
20
20
20

3
3
3
3
3
3
3
3
3
3
3
3

d.
21
21
21
21
22
22
22
21
21
20
20
20

3
3
3
3
3
3
3
3
3
3
3
3

d.
22
22
22
22
23
24
23
22
22
21
21
22

3
3
3
3
3
3
3
3
3
3
3
3

d.
21
21
21
22
22
22
22
21
21
21
21
21

3
3
3
3
3
3
3
3
3
3
3
3

d.
22
21
21
22
22
22
22
21
21
21
21
21

3
3
3
3
3
3
3
3
3
3
3
3

d.
20
20
20
20
21
21
21
20
20
19
19
19

3
3
3
3
3
3
3
3
3
3
3
3

d.
20
20
20
20
20
21
20
20
19
19
19
19

B R E A D S T U F F S .
F r id a y , March 17, 1899.
Early in the week there was a steadier market for wheat
flour, sellers holding for higher prices in sympathy with the
advance in grain. Business, however, was quiet, as buyers
were disposed to hold off. Subsequently, however, reflect­
ing the decline in wheat values, there developed au easier
tone, and to sell, lower prices have had to be accepted. R ye
flour has continued to meet with only a jobbing sale, but
values have been fairly well maintained. Buck wheat flour
has advanced, hut the market has been largely a nom­
inal one, as the season is practically over. Corn
meal has been quiet and easier with the grain,
Speculation in wheat for future delivery has been mod­
erately active, but the tone has been unsettled. Immedi­
ately following our last report prices weakened slightly
under moderate offerings, prompted by the Government re­
port showing larger reserves in farmer’s hands than had
generally been expected; then came an upward turn to
values. Crop damage reports were received from the West
and Southwest. Colder weather was reported throughout
the West. Foreign advices were stronger, based on reports
of damage by drought to crop in India, all of which haa a
tendency to make shorts nervous, and they bought to cover
contracts. Wednesday the market again turned easier.
Foreign advices were disappointing, crop accounts from the
West were, as a rale, of a more favorable nature,
and a continued absence of a cash demand prompted in ­
creased pressure to sell. Thursday there was a decidedly
easier market, prices in the local market showing a decline
of l^g@2J^c. Advices from California reported improved
crop prospects as a result of the fall of needed rains, foreign
advices were easier, the movement of the crop was fairly
large, crop accounts from the West were generally of a more
favorable nature, and the sentiment of the trade was bear­
ish. There was also considerable liquidation by tired longs.
Business in the spot market has been quiet. Shippers have
reported comparatively few orders, and prices have declined
with futures. Shipments from Argentine are increasing and
this naturally ha3 had a tendency to lessen the demand
in the foreign market for American wheat.
To-day
the market was again easier, prices declining % @ l% c. under
free selling by demoralized longs, prompted by weaker for­
eign advices and the improved crop accounts from the
West. Business in the spot market was more active. Prices
have declined to a point where shippers could come in.
Sales reported for export here and at outports were 400,000
bushels.
DAILY 0 LOSING PRICES OF NO. 2 RED WINTER IN N E W Y O R
W id .
T h u rl.
Sat.
M on. Tues.
80
Clash w h e a t t. o. b ............. Si^s
83%
8 2%
81%
Mar. d e liv e ry in © le v .... 80%
79%
80%
81%
81%
72%
M ay d e liv e ry In e le v ___ 7 4 %
74%
74%
75%
7L %
74
73%
J u ly d e liv e r y In e le v ___ _ 723*
7 3ia
S ept, d e liv e r y in e l e v ___
69%
72
71%
72%
DAILY CLOSING PRICES OP NO. 2 SPRING IN C H I C A G O .
Sat.
M on,
T h urs.
W ed.
Tues.
M ay d e liv e ry In e le v ........ 6 9 %
69%
67%
7038
69%
J u ly d e liv e ry In e l e v . . . . . 63%
69%
63%
66%
68%

....

K .
F r i,
7 S b8
77%
71»8
70%
68%
F ri.
66%
655a

THE

MAech 18, 1899.]

CHRONICLE.

m a t e r ia l c h a n g e . T h e r e h a s b e e n a q n ie t d e m a n d o n l y f o r
o v e r c o a t in g s a n d c lo a k in g s a t p r e v io u s p r ic e s . F la n n e ls a r e
in m o r e lib e r a l d e m a n d , w it h t h e n e w s e a so n o p e n in g ;
b la n k e t s q u ie t . D r e s s g o o d s a r e fir m in s ta p le w o r s t e d s ,
w h i c h a re s c a r c e ; o t h e r w is e i n c l i n e d t o f a v o r b u y e r s .

I n d ia n c o r n fu t u r e s h a v e b e e n m o d e r a t e ly a c t i v e , b u t t h e
te n d e n c y o f p r ic e s h as b e e n t o w a r d s a l o w e r b a s is. T h e
la r g e r e s e r v e s in fa r m e r s ' h a n d s — 809,500.000 b u s h e ls , a c ­
c o r d in g t o th e G o v e r n m e n t r e p o r t — p r o m p t e d l iq u id a t io n b y
lo n g s a t th e o p e n in g o f th e w e e k . S u b s e q u e n t ly , h o w ­
ever,
th ere
w’as
a
s lig h t
recovery,
in
s y m p a th y
w it h
th e
advan ce
in
w h ea t.
At
th e
c lo s e
of
th e w e e k th e m a r k e t a g a in tu r n e d e a s ie r. T h e r e w a s r e ­
n e w e d s e llin g b y lo n g s t o liq u id a te t h e ir a c c o u n t s , f o r e ig n
a d v ic e s w e r e e a sie r, a n d th e d e c lin e in w h e a t v a lu e s h a d a
d e p r e s s in g in flu e n c e . B u sin e s s in
th e s p o t m a r k e t baa
b een
f a i r ly
a c t iv e , as e x p o r t e r s
have
bu yers
at a
d e c lin e in p r ic e s .
C le a r a n c e s f r o m th e s e a b o a r d h a v e
b een la r g e . T o -d a y th e m a r k e t w a s s te a d y . T h e s p o t
m a r k e t w a s m o d e r a t e ly a c t i v e s n d ste a d y . S a le s f o r
e x p o r t h e re a n d a t o u tp o r ts w e r e 340,000 b u sh e ls.
d a il y c l o s in g p k ic r s o r s o . 3 m i x b d c o a s is HEW Y O II K .
Mon. T ut*.
Sal.
43 q
43<q
c o m f. 0 .1 )................. 4 3 q
___
n q
d e liv e r y la e ! e v ....... 41 q
3
9
t
,
4
0
3
9
^
d e liv e r y In e le v —
io q
40A»
d e liv e r y In e l e v . . . . . 4 o q
DAILY CLOSING l-KICKS OF SO. 2 MIXED CORN
Tuet.
Um.
Bat.
35*4
35^
S tay d e liv e r y In e le v ........ 3 * t9
35 A
35q
J u ly d e liv e ry In e le v ___ 3 5 q
3«q
Bept. d e liv e ry In e l e v ___ 3 e q
36*4

Cash
Mar.
M ay
J u ly

Wed.
43q

Thun.
43

fr * .
42 q

....

....

....

535

D o m e s t ic C o t t o n G o o d s . — T h e e x p o r ts o f c o t to n g o o d s
f r o m th is p o r t f o r t h e w e e k e n d in g M a r c h 13 w e r e 5,737"
p a c k a g e s , v a lu e d a t $177,370, t h e ir d e s t in a t io n b e in g to t i e
p o in ts s p e c ifie d in th e t a b le s b e l o w :
1 89 9 .
N ew Y ork

to

W eek. S in ce J a n . 1.

40
39
38q
39
39 q
4oq
IS C H I C A G O .
Thun.
Wed.
m
34
33-S
35
34%
3aq
35*8
35 q
35q
36*4

1

1 898.

M a r c h 13

G reat B rita in ............................
O th er E u r o p e a n ......................

40
12

I n d ia _____ . . . . . . . . . . . . . _____
A r a b ia ..........................................
A f r i c a . . . . . ..................................
W est I n d ie s ................................
M e x ic o ........................................
C en tra l A m e r ic a ......................
S o o th A m e r i c a . . . . . . . . . . . . . .
O th e r C o u n t r i e s ........... .

W eek.

S in ce J a n . 1

270
748
58
571
48
134
3 ,5 5 3
303

542
154
5 2 ,1 0 9
978
8 ,8 0 4
2 .1 9 1
5 ,9 6 6
974
1 ,632
13,4 06
2 ,1 0 5

20
1 .027
D
3S1
74
135
534
ICO

T o t a l ......................................
C hina, v ia Y a n o o n v e r '.. ..

5 ,7 3 7

88,8 61

2 ,4 4 2

5 5 ,6 6 7
200

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

5 .7 3 7

88,8 61

2 ,4 4 2

8 5 ,8 6 7

Ill
45

847
255
2 0 ,7 4 7
3 ,7 4 9
8 .3 1 4
5.425
2 ,8 8 3
823
1.221
9 .7 9 3
1 ,6 1 0

• F ro m N e w K n in aa n m ill o o in t s d ir e c t .
O a ts f o r fu t u r e d e li v e r y a t t h e W e s te r n m a r k e t h a v e b e e n
q u ie t . A t th e o p e n in g o f t h e w e e k p r ic e s w e r e l o w e r n n d e r
T h e v a lu e o f th e N e w F o r k e x p o r t s f o r t h e y e a r t o d a t e
a f u l l m o v e m e n t o f th e c r o p a n d liq u id a t io n b y lo n g s . S y m ­ h as b e e n $3,056,238 in 1899. a g a in s t $2,031,538 in 1898.
p a t h y w it h th e im p r o v e m e n t in o t h e r g r a in s th e n tu r n e d th e
C o a r s e c o lo r e d c o t t o n s , w h i c h h a v e la g g e d b e h in d o t h e r
m a r k e t s te a d y , b u t d u r in g th e la t t e r p a r t o f th e w e e k p r ic e s d iv is io n s o f t h e m a r k e t , a re n o w m o v in g u p w a r d , a n d a d ­
a g a in w e a k e n e d . T h e c r o p m o v e m e n t w a s fa i r l y la r g e a n d
v a n ce s a r e r e p o r t e d d a r i n g th e w e e k o f ' 4'c . t o ‘ f e . in d e n ­
t h e r e w a s a g g r e s s iv e t n y i n g . T h e lo c a l s p o t m a r k e t Das im s, p la id s a n d h ic k o r y s tr ip e s O th e r d e s c r ip t io n s , a lt h o u g h
b e e n q n ie t a n d p r ic e s h a v e w e a k e n e d , T o d a y t h e m a r k e t n o t q u o t a b ly n ig h e r , a r e t e n d in g a g a in s t b a y e r s .
H eavy
w a s q u ie t , a n d N o . 2 m i x e d o n th e s p o t w a s e a s ie r a n d - r j b r o w n c o t t o n s h a v e r u le d q n ie t o n b o t h h tm e a n d e x ­
port a ccou n t, b u t
v e r y fir m in p r ic e .
L ig h t -w e ig h t s
f a i r ly tr ee o ffe r in g s .
a ls o q u ie t e r b u t fir m .
D ack s
h a v e a n u p w a r d te n ­
DAILY CLOSING PBICM OP OATS IS S E W Y O R K .
Frt
den cy.
T h ere
has
b een
a
m o d e ra te
dem and
fo r
Wed.
M on
Sal.
Tuee.
Tkur$.
33
33
N o. 2 mlx©d In ©Ic y ......... 33
32q
32
3 i q : b le a c h e d c o t t o n t, w ith p r ic e s w e ll m a in t a in e d in alt
3sq
35 q
35q
35
36
N o. 2 w h ite In e l e v ........... 35 Y
g ra d e s.
S e v e r a l lin e s o f w id e s h e e t in g s a r e a d v a n c e ! 5
DAILY CLOAlJfO W O W O r 5*0. 2 MIXED OATS t * ( m r u i o
p e r c e n t. C o t t o n fla n n e ls a n l b la n k e ts s e llin g w e ll. K id Tun.
Mon.
Wed. Thun.
Frt. fin ish ed c a m b r ic s fir m , T h e d e m a n d f o r p r in t e d c a lic o e s
*04.
25q
25 q
itq
26 q
M ay d e liv e r y in e l e v . . . . 26%
26 q
has r u le d q u ie t e r t h a n o f la te , b u t s t o c k s in fir s t h a n d s a r e
24
24
24\
34 q
J u ly d e liv e ry In eter....... 24%
2vq
A ll g in g h a m s a r e
R y e h a s b e e n q n ie t a n d p r ic e s h a v e w e a k e n e d in s y m p a t h y lig h t a n d p r ic e s v e r y firm t h r o u g h o u t .
s c a r c e , w ith a n u p w a r d t e n d e n c y . D orn ets a n d o t h e r n a p p e d
w it h th e d e c lin e in o t h e r g r a m s .
B a r le y h a s b e e n d u ll a n d
d r e s s f a b r i c s s e llin g w e ll f o r f a l l a t a d v a n c e s o f 1 4 c , t o !£ o.
w it h o u t c h a n g e s .
p er y a r d . P r in t c lo t h * q u ie t in b o t h r e g u la r a n d o d d s , b u t
F o ll o w i n g a r e th e c lo s in g q u o t a t io n s t
fir m o n b a sis o f 8 ? £ c . f o r th e f o r m e r .

j

P i n e ........ ..........

* 2 10

PLOtnt.
P a te n t, w in te r ,..—*3
i»2*0 City m u le, extra* . 4

* 2 20

S « peril n e .................. 2 30
Extra. No. 2 ......... 2 40
Extra, No. 1 ............ 2 60
Baker*' ex tra ........... 2 90 9 3
Straight*................... 3 30
Patent, Springe........ 3 70 9 4

65 » 3 90
20 94 45

9 2 SO Rye flour, superfine 3 10 93 55
9 2 SO B n ok w b ea t f l o o r ... 2 20 9 2 25
25
C o m m eal—
Western, etc........ 2 00 92 05
9 3 40
2 10
40
Brandywine .

F orbids D ky G oods . — B u sin e s s h a s r u le d q u ie t a ll
a r o u n d a t fir s t h a n Is. b u t jo b b e r s h a v e s o ld f o r e ig n m e r j c h a n d ia e lib e r a lly . D r e w g o o d s , s ilk s , r ib b o n s a n d lin e n s
fir m f o r b o th q u ic k a n d f o r w a r d d e liv e r ie s
K a B p o r t a U o m if t Q d W « r « U o u i » « u r u b d r a v r a H o f D r y 0<

■ White .................... 34 938
No 2 m i x e d . . . 3 i q » 3 2 q
No. 3 white....... .... 35 9 36

Western, per bnsh. . 5«*» » 84 q
State and Jersey... -.61 965
Barley -Weetern___ ..50 956
F e e d i n g ......................... N om in al

w * P e r e t e e r ta b le * e e a a lt r e l v e s h e r * * e * s s s a 5 0 5 .

THE
N

DRY
ew

T

oby

GOODS
, F

r id a y

TRAD*

, P , M . , M a r c h 17, I 8 6 0

T h e v o lu m e o f b u s in e s s tr a i • ic t e d in th e p r im a r y m a r k e t
d u r in g th e p a st w e e k d o e s n o t c o m p a r e f a v o r a b l y w ith th e
re s u lts o f Severn 1 w e e k s im m e d i a t e ly p r e c e d in g , n o r d o e s
th e re a p p e a r t o h a v e b e e n as m u c h ( e m o t i v e b id d in g in
p r o g r e s s . T h e q u ie t e r c o n d it io n th u s d e n o t e d is a n a tu r a l
r e s u lt o f th e h e a v y bu.-tinees r e c e n t ly tr a n s a c te d in c o t t o n
g o o d s , o f th e d iffic u lt y n o w o f s e c u r in g r e a d y s u p p lie s , and th e
m a t e r ia l ad v a n c e I n p r ice s .
It d o e s n o t c o m e u p o n s e lle r s n o
e x p e c t e d ly , a n d h as n o t a ffe c te d th e g e n e r a l g o o d to n e
o f th e m a r k e t in e v e n a s lig h t d e g r e e . B r o w n a n d gTey
c o t t o n s a r e to a w e ll s o ld a h e a d f o r a t e m p o r a r y l u ll in b o r ­
in g t o te ll u p o n p r ic e s , a u d fin ish ed g o o d s a re s t ill r e la t iv e ly
b e h in d in t h e ir u p w a r d p r o g r e s s . l a n o d ir e c t io n d o e s th e r e
a p p e a r t o b e a n y s u r p ln s o f m e r c h a n d i s e ;
m ost buyers
s t ill c o m p la in o f s c a r c it y . T h e r e h a v e b een fe w a d v a n c e s
q u o t e d t h is w e e k , b u t a ll h i ’ h e r to r e c o r d e d a re s t r o n g ly tiph eld . T h e w o o le n g o o d s d iv is io n h as b e e n w it h o u t s p e c ia l
fe a t u r e . R e p o r t s f r o m a ll q u a r t e r s te ll o f a n e x c e l l e n t d is ­
t r ib u t io n f r o m s e c o n d h a n d s ;k e e p in g u p . C o lle c t io n s a re
s a t is fa c t o r y .

W oolen G oods . — R e p o r t s o f p r o je c t e d c o m b i n a t i o n s have
o c c u p ie d m u c h o f the a tt e n t io n o f th e w o o le n trade, hut u p
t o th e p r e se n t t im e t h e r e h as b e e n n o t h in g d e fin ite b e y o n d
th e A m e r ic a n W o o l e n C o m p a n y m e n tio n e d la s t w e e k . The
r- g n la r m a r k e t has c o n t in u e d q u ie t e n o u g h t o a llo w of
p le n ty o f t im e for g o s s io . B u y e r s h a v e b e e n in moderate
a tte n d a n c e o n ly , a n d t h e ir r e q u ir e m e n ts have n o t been diffi­
c u l t t o fill. T h e b e s t b u s in e s s r e la t iv e ly h a s b e e n in the
fin e r g rx d e a o f w o r s t e d fabrics, th e m o s t r e c e n t ly opened,
s ev era l lin es o f w hich have s o ld fa ir ly w e ll. Clays, serges
a n d m e d iu m
and
l o w g r a d e sta p le s a n d fa n c ie s have
r u le d q u ie t t h r o u g h o u t . T h e p r ic e s itu a tio n s h o w s n o

•

T h e Importation* and w a r e h o u s e w it h d r a w a ls o f d r y g o o d *

'W h e a t flo o r In each* sells a t orloe* n elow th ose to r b arrels.
at th is port for th e w e e k e n d in g M a r c h 18, 1899, a n d
GRAIN.
J a n u a r y l, 1899, a n d f o r t h e c o r r e s p o n d in g p e r io d s o f
W heat—
t
o.
Com, per bash o.
e
Herd Duluth, No. 1 82V*84q
W eetern m i x e d . . . . „ . 4 0 q » 4 2 q | y e a r are a s follow s:
N o. 2 m ix e d ........ ._..40"re942 *t,
N’th’nlralnth, No. 1 77'«»78~f,
Red Winter. No. X. 7S’ ,» 8 0
W estern Y e llo w ........... 4 1S * 4.2 ■
Weetern White____________ 9 ____
Bard Man., No. 1.. 7 8 q »7 S q
Oats—Mix'd, per bah. 30q»."4
B ye—

since
l» (t

THE

536

CHRONICLE

vol.

Lxvni.

th e p e r m a n e n t s c h o o l fu n d , n o w a m o u n t in g t o s e v e r a l m i l­
lio n s o f d o lla r s , in c it y b o n d s , in a d d it io n to o t h e r in v e s tm e n t s
h e r e t o fo r e p e r m it te d . T h e b i l l a ls o g iv e s th e B o a r d a u t h o r it y
t o p a y s u c h p r e m iu m as it th in k s p r o p e r f o r c it y a n d c o u n t y
TERMS OF SUBSCRIPTION.
b o n d s , w h e r e a s u n d e r th e e x is t in g la w th e B o a r d c a n n o t p a y
T h e r e is n o d o u b t , w e a r e in fo r m e d ,
T h e Investors’ Supplement w i l l b e f u r n i s h e d without m o r e th a n p a r.
$xtra charge t o e v e r y a n n u a l s u b s c r i b e r o f t h e Commercial th a t th e b ill w i l l p a ss th e S e n a te a t an e a r ly d a y , a n d b e c o m e
a la w , w h e n it w ill p r a c t ic a lly s h u t o u t a ll o u t s id e in v e s t o r s
and Financial Chronicle.
T h e State and City Supplement will also be furnished in th e se s e c u r itie s .
T o n a w a n d n , N. Y .—Agaitut Annexation.—A t th e e le c t io n
w ithout extra charge to every subscriber of the Chronicle.
T h e Street Railway Supplement w i l l lik e w is e b e f u r ­ h e ld M a r c h 14, 1899, th e c it iz e n s o f th is p la c e v o t e d a g a in s t
n is h e d without extra charge t o e v e r y s u b s c r ib e r o f t h e th e q u e s t io n o f a n n e x in g th e t o w n t o th e c i t y o f B u ffa lo .
T h e v o t e w a s 626 f o r t o 638 a g a in st.
Chronicle.
U n i t e d S t a t e s .— Defaulted, State Bonds .— A d is p a t c h f r o m
T h e Quotation Supplement, is s u e d m o n t h l y , w i l l a ls o b e
ta r n is h e d without extra charge t o e v e r y s u b s c r ib e r o f t h e W a s h in g t o n s ta te s t h a t th e f o l l o w i n g p r o v is o w a s in s e r t e d
in th e c o n fe r e n c e r e p o r t o n a b ill a m e n d in g th e la w p r o v i d ­
Chronicle.
T E R M S f o r t h e Chronicle w it h t h e f o u r S u p p le m e n t s in g f o r th e r e im b u r s e m e n t o f th e .-states f o r e q u ip p in g tr o o p s
A b ov e n a m e d a r e T e n Dollars p e r y e a r w i t h i n t h e U n i t e d f o r th e S p a n ish w a r . T h e b ill p r o v id e s t h a t th e e x p e n s e s
S t a te s a n d T w e lv e D o lla r s in E u r o p e , w h i c h i n b o t h c a s e s s h o u ld b e p a id n o t w it h s t a n d in g a n y “ u n s e t t le d a c c o u n t s ,
c la im s o r in d e b te d n e s s o f th e U n it e d S t a te s a g a in s t s u c h
in c lu d e s j o s t a g e .
S ta tes, a n d w it h o u t p r e ju d ic e t o s u c h u n s e t t le d a c c o u n t s .”
P ro v id e d , T h at w h en such un settled a c c o u n t is cau sed b y a d e fa u lt in p a r T e r m s o f A d v e r t i s i n g — ( P e r I n c h S p a c e .)

S tate

and

C ity D e t a n t m e n t ,

T ra n sien t m a tter (eaoli tlm e)$ 4 20 I T h ree M on th s (1 3 t im e s ). .$ 2 9 0 0
st a n d in g b u sin e ss CARDS.
S ix M on th s
(26 t im e s ) .. 5 0 0 0
T w o M onths (8 tim e s )......... $ 2 2 0 0 I T w e lv e M on th s (52 t im e s ) .. 87 00

B r o w n V a lle y ( C a l . ) I r r i g a t i o n D i s t r i c t . — B o n d s Illegal.
— In th e fa l l o f 1898 s u it w a s in s t itu te d in th e S u p e r io r C o u r t
o f Y u b a C o u n t y b y th e B o a r d o f D i r e c t o r s o f th is d is t r ic t ,
u n d e r w h a t is k n o w n a s th e C o n fir m a tio n A c t , th e p u r p o s e
o f th e s u it b e in g to p r o c u r e a d e c r e e o f th e C o u r t c o n fir m in g
th e le g a lit y o f th e o r g a n iz a t i o n o f th e d is t r ic t a n d th e v a l i d ­
it y o f th e $140,000 6# b o n d s o u ts ta n d in g . J u d g e G r a y , b e ­
f o r e w h o m th e c a s e w a s h e a r d , r e c e n t ly r e n d e r e d a d e c is io n
d e c la r in g th e d i s t r i c t t o b e ill e g a l l y i n c o r p o r a t e d a n d th a t
th e b o n d s w e r e ille g a ll y issu e d a n d t h e r e fo r e v o id . J u d g e
G r a y d e c la r e s th a t a lm o s t e v e r y s te p in th e o r g a n iz a t io n o f
t h e d is t r ic t a n d th e is s u a n c e a n d sa le o f th e b o n d s w a s ir r e g ­
u la r . A c c o r d i n g t o th e S a n F r a n c is c o “ C h r o n ic le ” th e d e ­
c is io n is o n e o f g r e a t im p o r t a n c e , o w i n g t o th e f a c t th a t
t h e r e a r e a t th is t im e a la r g e n u m b e r o f ir r ig a t io n d is t r ic t s
in C a lifo r n i a o r g a n iz e d u n d e r th e W r i g h t A c t w h ic h h a v e
issu e d b o n d s in p r a c t ic a lly th e sa m e m a n n e r as th o s e is s u e d
b y th e B r o w n v a lle y I r r ig a t io n D is t r ic t .
D e la w a r e .—Legislature Adjourns .— O n M a r c h 13, 1899,
th e S ta te L e g is la t u r e a d jo u r n e d .
G u n n i s o n C o u n t y , C o l .—Bonds Legal.— T h e U n ite d S ta tes
S u p r e m e C o u r t r e c e n t ly d e c la r e d v a lid b o n d s issu e d in 1882
f o r th e p u r p o s e o f f u n d in g o u ts ta n d in g w a rra n ts. In te r e s t
w a s p a id o n th e se b o n d s u n t il 1886, w h e n th e c o u n t y c e a s e d
r e d e e m in g th e c o u p o n s , c la im in g th a t in is s u in g th e b o n d s
i t h ad in c u r r e d an in d e b te d n e s s n o t a u th o r iz e d b y th e C o n ­
s t it u t io n o f C o lo r a d o o r b y th e s ta tu te r e fe r r e d t o in th e
t e x t o f th e b o n d s. T h e s u it w a s in s titu te d b y E . H . R o llin s
& S on s, B o s to n , a n d th e U . S. C o u r t a t D e n v e r d e c la r e d th e
b o n d s in v a lid . T h e C ir c u it C o u r t o f A p p e a ls re m a n d e d th e
ca se f o r a n e w tr ia l. T h e S u p r e m e C o u r t n o w d e cla res t h a t
t h e ] lo w e r c o u it s e r r e d in fin d in g f o r th e d e fe n d a n t, h o ld in g
h a t as th e b o n d s h a v e o n th e ir f a c e a p o s it iv e d e c la r a t io n
th a t t h e y w e r e is s u e d in c o m p lia n c e w it h a ll th e p r o v is io n s
o f th e C o n s t itu tio n a n d sta tu te s, th e c o u n t y c a n n o t n o w
p le a d th a t th e C o n s t itu tio n w a s v io la t e d in th e ir issu e.
M c K i n l e y C o u n t y , O k ln .—County Created.— T h e S t a te
L e g is la t u r e h a s p assed a b ill c r e a t in g M c K in le y C o u n ty o u t
o f a p o r t io n o f W o o d C o u n t y .
N e w H a m p s h ir e .—Legislature Adjourns.— T h e L e g is la tiv e
session o f t h e S ta te c lo s e d o n M a r c h 11. 1899.
N e w J e r s e y .—County Bonds Authorized .— S en ate B ill N o .
1, t u t h o r iz in g an a d d itio n a l issu e o f b o n d 00 to th e a m o u n t o f
$25 ,060 in c o u n t ie s f o r th e e r e c t io n o f c o u p f y a s y lu m b u i l d ­
in g s , h as b een s ig n e d b y th e G o v e r n o r .
N e w M e x i c o .— Refunding Bond Bill.— H o n H . O. B u r s u m ,
C h a ir m a n o f th e C o m m it t e e o n F in a n c e , w r ite s u s th a t th e
C o u n c il h ib p a sse d h is B ill N o . 58, p r o v id in g f o r th e r e fu n d in g o ,„ th e b o n d e d in d e b te d n e s s o f th e T e r r it o r y o f N e w M e x ­
ic o a n d th e v a r io u s c o u n tie s a n d m u n ic ip a litie s th e re in .
T h is b ill, M r. B u rsu m sa y s, w ill n o d o u b t pass th e H o u s e
and as a r e s u lt o f its p a ssa g e th e r e w ill b e s o m e th in g lik e
$‘3,000,000 c o u n t y a n d m u n ic ip a l b o n d s t o b e s o ld o r r e fu n d e d .
1 bo bill provides (sections 1 to 13) that any holders o f bonds or dettelem

ln d ob ted n .-4 <.f the . errltory o f New Mexico shall have the right to surremt
tho same and to receive In exchange general refunding bonds of the Terrltor
T h ese bonds arid near l* interest, payable March l and September 1 andsrl

mature 30 years from dale o f Issue, subject to call after so yea™

Sections '

t o 31 authorise and require every county and municipality to oompromisean

refuno Its matured and maturing indebtedness, evidenced by outstaudm

bonds. Interest coupons, judgments or other lawful outstanding indebtedues
whenever iho holders and owners thereof shall consent, and to issue if!
2 ? " '’ " ' °
or exchange at par. These' bonds are to be issued In sum" <
$100 or multiple* tho e o f l uejr also bear \% interest, liv a b le March 1 and Sei
t In Now York City. Principal will mature 30 year* from date o f issui
Ject to call af tor 20 years Section 28 o f the above law permits an i lawf
DdobtpdneM of any county contracted prior to March 1. 1897. and not main
I S iS fh »
August 1 31.7 and also school warrants outstanding a“ d m
5 f thh! Act h“ P
authorities to be funded Into bonds under the provision

N o r t h C a r o l i n a .—Legislature Adjourns.—Toe L e g is la t e
o f th is S ta te c o n c lu d e d its w o r k o n M a r c h 8. 1899.
O k la h o m a .—Legislature Adjourns. — T h e T e r r ito r ia l L e °
la tn re c o n c lu d e d its se ssio n o n M a r c h 11, 1«99.
S u m m it, N. J . City Charter Granted .— A b ill h as passi
th e L e g is la t u r e i n c o r p o r a t i n g th e t o w n s h ip o f S u m m it as
c ity .
T e x as .— Permanent School Fund Investments.—W e a re a d ­
v is e d th a t a b i l l h as p a sse d th e L o w e r H o u s e o f th e Texas
L e g is la t u r e e n la r g in g th e p o w e r a n d a u t h o r ity o f th e Stats
B o a r d o f E d u c a tio n . T h is b i l l p e r m its th e B o a rd t o in vest

m ent o f the principal o r in terest on an y bon d s o r stock issued o r gu a ra n teed
by any State, th e ow nersh ip o f w hich is vested in th e U nited States, th e S ec­
retary o f t h e T reasury be, and he is h ereby, au th o rize d and d ire cted t o insti­
tu te any a ct o r p roceed in g w hich h e m ay co n sid e r advisable a gain st such State
o r its r e p r e s e n t s ive to secu re th e paym en t o f t h e prin cip a l an d in te re s t o f
said b o n d s o r stock s.

T h is w a s a d o p t e d b y th e t w o H o u s e s , i t is s t a t e d , in th e
c lo s in g h o u r s o f th e s e s sio n , a n d b e c a m e a la w .
T h e b o n d s a ffe c t e d b y th is le g is la t io n (a ll f o r m e r ly p a r t o f
In d ia n t r u s t f u n d s e x c e p t $538,000 A r k a n s a s b o n d s b e l o n g ­
in g t o th e S m ith s o n ia n I n s t it u t io n fu n d ) a g g r e g a t e $ 2 ,0 7 4 ,666. T h e y w e r e is s u e d b y th e s e S ta te s : A r k a n s a s , $793,000;
F lo r id a , $132 000; L o u is ia n a , $37,000; N o r t h C a r o lin a , $ 5 8 ,000; S o u t h C a r o lin a , $125,000; T e n n e s s e e , $335,666: V i r g i n i a ,
$594,000.
U t a h . —Legislature Adjourns .— T h e L e g is la t u r e o f th is
S ta te w a s d e c la r e d a d jo u r n e d a t m i d n i g h t M a r c h 9, 1899.
T h e m e m b e r s f a i le d t o e le c t a U n it e d S ta te s S e n a to r .
W a s h i n g t o n .—Legislature Adjourns .— T h e S ta te L e g is l a ­
t u r e a d jo u r n e d o n M a r c h 9, 1899.

Bond Calls and Redemptions.
B exar

T e x a s .—Bond

C ou n ty,

Call.— J o h n

W.

T o b in ,

C o u n t y T r e a s u r e r , h a s c a lle d f o r p a y m e n t M a r c h 25, 1899, a t
th e N a t io n a l P a r k
bonds:

Bank,

N ew

Y ork

C it y , th e f o l l o w i n g

B ridge b o n d s N os. 1 t o 49, issu ed M arch 1,1889, an d in d e n o m in a tio n o f $500.
B ridge bonds Nos. 151 to 198, in clu sive, issu ed J u n e 10, 1892, an d also in de­
n o m in a tio n o f $500.

In te r e s t w i l l c e a s e o n M a r c h 25, 1899.

rl he official notice o f this call will he found among the ad­
vertisements elsewh ere in this Department.
L o s A n g e l e s C o u n t y , C a l .— Bond Call.— M a r k G . J o n e s ,
C o u n t y T r e a s u r e r , h a s c a lle d f o r p a y m e n t th e f o l l o w i n g
b o n d s : F u n d e d d e b t b o n d s o f 1882, N o s . 33 a n d 34; is s u e o f
1885, N o s . 181 t o 196, in c lu s iv e ; c o u r t h o u s e is s u e o f 1887,
N o s . 69 t o 73, in c lu s iv e ; c o u r t - h o u s e b o n d s o f 1890, N o s . 60
t o 63, in c lu s iv e . D e n o m in a t io n o f a ll th e a b o v e b o n d s is
$ 1, 000.

S a l i n e C o u n t y , S a l t P o n d T o w n s h i p , M o .—Bond Call.—
R . E . L . S m ith , C le r k o f th e C o u n t y C o u r t , h a s c a lle d f o r
p a y m e n t M a y 1, 1899, a t t h e T h ir d N a t io n a l B a n k , S t. L o u is ,
S a lt P o n d T o w n s h ip b o n d s N o s . 7 a n d 8, is s u e d A u g . 1,1890.
S o u t h O m a h a , N e b .— Warrant Call.— C it y T r e a s u r e r F . A .
B r o a d w e ll h a s c a lle d f o r p a y m e n t t h e f o l l o w i n g w a r r a n t s :
I n te r e s t f u n d u p t o a n d in c lu d in g r e g is t e r e d w a r r a n t N o . 259;
ju d g m e n t , N o . 250: p o li c e . N o . 214; fire a n d w a t e r , N o . 153;
p u b lic lig h t . N o . 60; s tr e e t r e p a ir , N o . 135: s a la r v . N o . 349;
e n g in e e r , N o . 35; g e n e r a l, N o . 197; s c h o o l , N o . 1941.

Bond Proposals and Negotiations this
w eek

have

been

as fo llo w s

:

A n t e lo p e , W a s c o C o u n t y , O r e .—Bond Offering.— P r o ­
p o s a ls w ill b e r e c e iv e d u n t il M a r c h 31, 1899, f o r $4,000 6 %
5-10 y e a r ( o p t io n a l) b o n d s .
S e c u r it ie s a r e in d e n o m in a ­
t io n o f $500.
A t l a n t a , G a .—Bond Election.— A n e le c t io n w i l l b e h e ld
A p r il 12, 1899, t o v o t e o n th e q u e s t io n o f is s u in g $200,000 H
g o l d b o n d s f o r th e e x t e n s io n o f w a t e r m a in s . S e c u r it ie s i f
a u t h o r iz e d w ill b e in d e n o m in a t io n o f $1,000, w i t h t h e i n t e r ­
est p a y a b le s e m i-a n n u a lly .
P r in c ip a l w i l l m a t u r e i n 30
y e a r s f r o m d a te o f issu e .
A v o n d a le , A l a . — Bonds Proposed . — T h is p la c e is c o n s i d ­
e r in g th e is s u a n c e o f $25,000 w a t e r - w o r k s a n d e le c t r ic - lig h t
bon d s.
B i d d e f o r d , M e .—Loan Negotiated. — O n F e b . 21, 1899, t h is
c i t y n e g o tia t e d a lo a n o f $25,000, in a n t ic ip a t io n o f ta x e s ,
w it h M essrs. C u r tis & M o t le y , B o s t o n , a t 3 T 4 £ . L o a n m a ­
tu r e s O c t . 13, 1899.
B l o o m i n g P r a i r i e , M in n .—Bond Election . — A n e le c t io n
w ill h e h e ld A p r il 4, 1899, t o v o t e o n t h e q u e s t io n o f is s u in g
$3,000
w a t e r -w o r k s b on d s.
B r i s t o l , R . I .—Loan Authorized .— A t a r e c e n t t o w n m e e t ­
in g , th e T r e a s u r e r w a s a u t h o r iz e d t o b o r r o w $40,000 in a n ­
t ic ip a t io n o f th e c o l l e c t i o n o f ta x es.
B r o o k s ( T o w n s h i p ) . N e w a y g o C o u n t y , M i c h .—Bill Legal­
izing Bonds Signed.— T h e G o v e r n o r h as s ig n e d t h e b i l l l e g a l­
iz in g th e b o n d s o f th is to w n s h ip .

THE

M arch 18, 1899.J

C H R O N IC L E

B u f f a l o , N . Y.— Bond Issue.— T b e is s u a n c e o f a $4,608 64 3?
ju d g m e t t b e n d , d a te d M a r c h 1, 1890, a n d m a t u r i n g J u l y 1,
1900, h a s b e e n a u t h o r iz e d . T h e b o n d h a s b e e n a w a r d e d t o
th e C it y C o m p t r o lle r f o r in v e s t m e n t in th e P a r k B o n d R e ­
d e m p t io n S in k in g F u n d .
C a m b r i d g e , M a s s .— Bonds Proposed.—T h e H o u s e C o m
m it t e e o n C itie s has r e p o r t e d a b i l l p e r m i t t i n g t h is c i t y t o
is s u e $500,000 4 ? a d d it io n a l p a r k b o n d s . T h e s e s e c u r it ie s
c a n n o t b e s o l d t o t h e a m o u n t o f m o r e th a n $ '0 0 ,0 0 0 in a n y
o n e y e a r a n d w i l l m a t u r e in n o t m o r e th a n f o r t y y e a r s .
C a n t o n , O h i o .— Bids ,— O n M a r c h 11, 1899, t b e f o l l o w i n g
b id s w e r e r e c e iv e d f o r th e $9,500 c u r r e n t e x p e n s e b o n d s :
For a&kfcS B>md—

Premium. ,

F> r a

Bond—

Premium,

Briggs. T od d A Co.. C in cin n a ti.* 142 So ( C&ntrni Savlnga Bank. Canton f
5o
4 M ayer, C m cin . . 13d 00 1 Dlnoe
B ans. C a n to n ___ 425 ' "

Feder. Holzman * <•:»-. Ctnem . 1U 95 l ?<>r a 5S
Lamprecht Bros. Co*. C l*re .... I l l SO W . J. Hayes 4 Sons.’ CleTeland.1.270 00

New 1st Nat. Bank. Ccmimba*-. *7 10 ,
D enison , P r io r 4 C o.. C l e r e .. . . .

44 05 I

537

in g p u r p o s e s a n d $5.50 > t o p u r c h a s e th e M a r e n g o F e m a le
I n s t itu te . In te r e s t w ill b e p a y a b le s e m i-a n n u a lly .
Durham (N . C .). School D is trict.—Bona Election — A n
e le c t io n w ill b e h e ld in th is d is t r ic t t o v o t e o n th e q u e s t io n
o f is s u in g $20,000 b o n d s f o r s c h o o l b u ild in g s .
E a g l e ( o n n t y . Col. —Bonds Not Sold.— T h is c o u n t y a d ­
v e r t is e d f o r sale" o n F e b . 15, 1899, $103,000 Sf r e f u n d in g b o n d s .
T h e h ig h e s t b id s u b m it t e d w a s 101 456.
T h e b o n d s w ere
n o t a w a r d e d , a n d a c c o r d i n g t o t h e “ E a g le C o u n t y B la d e ”
L e g is la t iv e a c t io n is n e c e s s a r y b e fo r e th e r e f u n d in g c a n b e
le g a lly a c c o m p lis h e d .
E a s t h a iu p t o n , M a s s .— L o a n Authorized .— A t th e t o w n
m e e t in g h e ld M a r c h 13, 1899, th e T r e a s u r e r w a s a u t h o r iz e d
t o b o r r o w $25,000 in a n t ic ip a t io n o f th e c o l l e c t i o n o f ta x e s.
E l r o y , IV is .—Bond Election . — T b e q u e s t io n o f is s u in g
b o n d s f o r an e le c t r ic lig h t p la n t w ill b e v o t e d u p o n b y th e
c it iz e n s o f th is p la c e .
E v e r e t t , Mass.— Bond Offering.— P r o p o s a ls w ill b e r e c e iv e d
u n t il M a r c h 18, 1899. f o r $25,000 4> 3 0 -y e a r b o n d s , a c c o r d in g
to r e p o r ts .
F o r t D o d g e ( t o w n ) S c h o o l D i s t r i c t ,— Bonds Voted.— T h is
d is t r ic t r e c e n t ly v o t e d t o issu e $4,000 s c h o o l h o u s e b o n d s .
F r a n k l i n C"tm ty (P . 0 . C olum bus), O h io— R o n d Offering.
— P r o p o s a ls w ill b e r e c e iv e d n n t il 12 m ., M a r c h 25, 1899, b y
W . H. H a lH d a y , .C o u n t y A u d it o r , f o r $120,000 it b r id g e
b o n d s. S e c u r it ie s w ill b e in d e n o m in a tio n o f $1,000, d a t e d
A p r il 1, 1899; in te r e s t w i l l b e p a r a b le A p r i l l a n d O c t o b e r 1
at t h e a g e n c y o f t h e C o m it y T r e a s u r y , n a m e ly , th e U n it e d
S ta te s M o r t g a g e & T r u s t C o m p a n y , in N e w Y o r k C it y ,
P r in c ip a l w ill m a t u r e $6,000 y e a r ly o n A p r i l 1 f r o m 1900 t o
1919, in c lu s iv e . B o n d s a re issu e d p u r s u a n t t o S e c t io n s 2824,
2325 a n d 871 t o 875, in c lu s iv e . R .-v ised S t a t u t e s of O h io , a n d
th e p r o c e e d in g s o f t h e B o a r d o f C o u n t y C o m m is s io n e r s o f
M a r c h 1, 1^99. E a c h b id d e r m u s t s a t is fy h im s e lf as t o t h e
le g a lit y o f th e b o n d * b e fo r e b id d in g , a n d b e m a y h a v e t h e ir
g e n u in e n e s s c e r t ifie d b y t b e U n ite d S ta te s M o r t g a g e & T r u s t
C o ., a n d m a y a ls o h a v e th e h o o d s r e g is t e r e d b y th e sa m e
c o m p a n y w it h o u t e x p e n s e . P r o p o s a ls m u s t b e a c c o m p a n ie d
b y a c e r tifie d c h e c k o n a tr u s t c o m p a n y o r a n a t io n a l b a n k ,
p a y a b le to O . E , D. B a r r o n , C o u n t y T r e a s u r e r , i n th e a m o u n t
o f 1(1 o f th e b o n d s b id fo r .
G e a r y C o u n t y (P . O. J u n ction C ity), K in .— Bond Elec­
tion.—At t b e e le c t io n to tie h e ld o n A p r il 4, 1899, t h s q u e s ­
tio n o f is -u ir ig $35,000 2 0 -y e a r c o u r t h o u s e a n d j a i l b o n d s
w ill b e s u b m it t e d t o th e v o t e r s .
G la list o n e , Mich.—Bonds Authorized t>y Legislature.~
T h e G o v e r n o r h as s ig n e d b ills r e c e n t ly p is s e d b y t h e L e g is ­
la tu r e le g a liz in g th e b o n d e d in d e b t e d n e s s o f t h is p la c e a n d
th e r e f u n d in g o f th e sa m e
G o lia d C o u n t y , T e x a s .— Bonds A pproved. — T b e A t t o r n e y G e n e r a l h as a p p r o v e d an is s u e o f $85,000 r e f u n d in g c o u r t ­
h o u se b o n d s .
G reen ville, .Miss.- B o n d Election .— A n e le c t io n w ill b e
h e ld o n A p r il 4, 1899, t o v o t e o n th e q u e s t io n o f is s u in g
$50,000 H s tr e e t -p a v in g b o n d s .
H a r t f o r d , C o n n .— L o a n •Authorized.— T h e C it y T r e a s n r s r
h a s b een a u t h o r iz e d t o b o r r o w $118,668 47 t o r e im b u r s e th e
c i t y f o r a m o n n ta e x p e n d e d f o r c e r t a in p e r m a n e n t im p r o v e ­
m e n ts
H ig h P o i n t , N . C.—No Bonds at Present.— W e a r e a d v is e d
th a t tt is v e r y d o u b t f u l w h e t h e r a n e le c t io n w ill b e c a lle d in
th e n e a r f u t u r e f o r t h e p u r p o s e o f v o t i n g o n th e b o n d s r e ­
c e n t ly a u t h o r iz e d b y th e S t a te L e g is la t u r e , a n d t h a t it w ill
c e r t a in ly b e s o m e t im e b e fo r e a n y b o n d s a r e issu e d .

P r in c ip a l w i l l m a t u r e M a r c h 1, 1909.
F o r fu rth e r de­
s c r ip t io n o f b o n d s see C h r o n i c l e F e b . 18, 1899, p. 343,
C a p e M a y , X . J . — >-ona Offering.— P r o p o s a ls w ill b e re­
c e iv e d u n t il 7 c m M a r c h 2 0 ,1 8 9 9 , b y H . F . D o u g la s s , R e ­
c o r d e r , f o r $ t3 ,0 u o of r e fu n d in g b o n d s . S e c u r it ie s a re in ,
d e n o m in a t io n s o f $110 a n d $500, fiv e b e in g f o r $100 a n d
t w e n t y -fiv e Jor $500. T h e y b e a r d a t e A p r il 1, 1899; in te r e s t
w ill b e p a y a b le A p r i l 1 a n d O c t o b e r 1 at th e C it y T r e a s u r e r 's
o ffic e .
P r in c ip a l w ill m a t u r e A p r il 1, 1994. A c e r t ifie d
c h e c k f o r 5f o f t h e a m o u n t o f b id m u s t a c c o m p a n y p r o ­
p o s a ls .
C a r t h a g e , M o .— Bond Offering.— P r o p o s a ls w ill b e r e c e iv e d
u n t il 7 :3 0 p. m M a r c h 21, 1899, b y R . L u n d y , C it y C le r k , f o r
$25,000 e l e c t r i c - l i g l f t p la n t bonds". S e c u r it ie s a r e in d e n o m
in a t io n o f $500, d a t e d M a y 1, 1899, I n t e r e s t w i l l b e p a y a b le
M a y 1 a n d N o v e m b e r 1 at th e C o n tin e n t a l N a t i o n a l B a n k o f
8 t . L o u is .
P r in c ip a l w i l l m a t u r e M a r 1, 1919. s u b j e c t t o
c a l! $10 0i 0 a ft e r fiv e y e a r* . $10,('0‘> a ft e r ten y e a r s a n d $5,000
a ft e r fifte e n y e a rs . T h e s e b o n d s w e r e a d v e r t is e d f o r s a le o n
D e c . 28, 1898, b u t p o s t p o n e m e n t w a s d e e m e d a d v i s a b le p e n d i n g a s u it b r o u g h t b y th e G a s C o m p a n y o f th e C it y o f C a r ­
t h a g e t o h a v e t h e is s u e e n jo in e d . T h e s u i t r e fe r r e d t o w a s
m a d e r e t u r n a b le at t b e J u n e te r m 1899. T h e c i t y a p p lie d ,
h o w e v e r , f o r a b e a r in g in th e D e c e m b e r t e r m . T h is a p p lie s
t io n w a s g r a n te d , b u t t b e p la in t i ff's c o u n s e l r e s is te d , c o n ­
te n d in g th a t t b e C o u r t b a d n o a u t h o r it y t o s e t t h e c a s e d o w n
f o r t h e D e c e m b e r te r m , T b e C o u r t o v e r r u le d th e m o t io n ,
a n d w h e n t b e t r ia l w a s r e a c h e d th e p la in t ifF s a t t o r n e y s
fa ile d t o a n s w e r r e a d y , w h e r e u p o n t h e c a s e w a s d is m is s e d
fo r w a n t o f p ro se cu tio n ,
A m o t io n to s e t a s id e t h is o r d e r
o f d ism issa l w a s o v e r r u le d a n d an a ffid a v it f o r a p p e a l t o th e
C o u r t o f A p p e a ls h a s b een file d . M e a n w h ile c it iz e n * o f th is
p la c e h a v e p le d g e d $40,000 g u a r a n t e e in g th e v a lid it y o f tb e
is s u e , a n d t b e b o n d s a r e n o w b e in g o ffe r e d f o r s a le u n d e r
t h a t c o n d it io n .
C o h o e s , N. Y .— B o n d Snle.—On M a r c h 15, 1899, th e C o h o e s
S a v in g s I n s t itu tio n w a s a w a r d e d $10.6V0 50 a n d t b e M e e h a n
i c s - S a v in g s B a n k $5,000 o f th e $15,080 50 3y£* p u b lic -im
p r o v e m e n t b o n d s a d v e r tis e d f o r e a l e o n t h a t d a te .
B o n d s tna
t o r e 15.000 o n J a n . 1. 1929 a n d 1930, a n d $5,690 J a n u a r y . 1,
1981.
C o lu m b u s ( O h i o ) S c h o o l D i s t r i c t .—Bond Offering. —P r o p o sa ls w ill b e r e c e iv e d n n t il 12 M, M a r c h * 2 8 , 1899, b y
t h e F in a n c e C o m m it t e e o f th e B o a r d o f E d u c a t io n f o r $ 12,C00 4$ s c h o o l b o n d s . S e c u r it ie s w ill b e in d e n o m in a t io n o f
$1 ,0( 0: in t e r e s t w ill b e p a y a b le M a r c h 1 a n d S e p t e m b e r 1 at
th e N a tio n a l P a r k B a n k , N e w Y o r k C it y . P r in c ip a l w ill
H illsb orou gh County, N. II.—Bonds Authorized by Senate.
m a t u r e M a r c h 1, 1917. T h e s e b o n d s a r e a p a r t o f an issu e o f
$75,0 0 w h i c h w a s a u t h o r iz e d n n d e r S e c t io n 8994, T i t l e 3, — T h e S e n a te h a s p assed a b ill a llo w in g th is c o u n t y t o b o r r o w
C h a n te r 8 , R e v is e d S ta tu te s o f O h io , n nd t b e p r o c e e d in g s o f m o n e y f o r t h e p u r p o s e o f b u il d in g a c o u r t b o u s e .
llo r n e lls v ille , N. Y .— Bonds D efeated.— A t th e e le c t io n
tb e B o a r d o f E d u c a t i o n o f s a id d is t r ic t th e r e u n d e r , J a n . 26,
1897. T h e o ffic ia l c i r c u l a r sta te s th a t $47,000 o f th e s e b o n d s h e ld M a rch 7. 1899, t h e p r o p o s it io n t o is s u e $3,600 b r id g e
o
o
n d s w a s d e fe a te d .
w e r e s o ld to th e O h io N a t i o n a l B a n k , C o lu m b u s , od M a r c h
Iowa Fall* ( I o w a ) School D istrict, — Bond Sale.—On
9, 1897. a n d a ll q u e s t io n s as t o le g a lit y , e t c ., w e r e s a tis fa c ­
t o r ily s e ttle d a t th a t tim e . T h e s a le o f t b e a b o v e $12,000 M a rch 10. 1899. th e $7 ,000 4 f r e f u n d in g b o n d s w e r e a w a r d e d
b o n d s w a s a u t h o r iz e d b y r e s o lu t io n o f th e B o a r d o f E d u c a ­ t o T r o w b r i d g e , M a c D o n a ld & N iv e r C o ., C h ic a g o , a t lOu-864.
t io n a d o p te d M a r c h 7, 1899.
B on d * m a tu r e $1,000 y e a r ly o n J u n e 15, f r o m 1900 t o 1108,
C o n c o r d , N. H ,—Loan Authorized.—A lo a n o f $50,000 h as in c lu s iv e .
J a c k s o n . M is s .— B o n d Offering.—P r o p o s a ls w ill lie r e ­
b e e n a u t h o r iz e d in a n t ic ip a t io n o f th e c o l l e c t i o n o f ta x e s.
C o n n e ll B lu ff s ( I o w a ) S c h o o l D i s t r i c t ,—Bonds Voted.— c e iv e d u n t il 7:30 F, M A p r il 6, 1SQ9, b y t b e M a y o r a n d B o a r d
A t th e e le c t io n h e ld M a rch 1. 1899, c it iz e n s o f th is d is t r ic t o f A ld e r m e n a t th e o ffic e o f D . P . P o r t e r . J r ., C it y C le r k , f o r
a n t b o iiz e d t b e is s u a n c e o f $6.5,000 h ig h s c h o o l b o n d s a n d $100,000 5S * e w e r b o n d s . S e c u r it ie s w i l l b e in d e n o m in a t io n
$2,000 b o n d s f o r a n e w s c h o o l b oase*
o f $500, d a te d A p r i l 1, 1899: in t e r e s t w ill b e p a y a b le a n n u ­
( o i l m a n , A l a .—Bond Offering.— P r o p o s a ls w ill b e r e c e iv e d a lly at th e o ffic e o f th e C it y T r e a s u r e r , o r a t th e C h a se N a ­
u n t il A p r il 1, 1899, b y th is c it y f o r $35,000 g o l d w a te r -w o r k * . tio n a l B an k N e w Y o r k C it y , a t t b e o p t io n o f th e h o ld e r .
e le c t r ic - lig h t a n d s t r e e t -im p r o v e m e n t b o n d -. In te r e s t a t P r in c ip a l w ill m a t n r e $500 y e a r ly o n A p r i l 1 f r o m 1900 t o
n o t m o r e th a n 5f w ill b e p a y a b le se m i a n n u a lly a t C u llm a n , 1918, in c lu s iv e , ar d $90 500 o n A p r il 1, 1919. P r o p o s a ls m u s t
and th e p r in c ip a l w ill m a t u r e 25 y e a r s fr o m d a t e o f is s u e , b e a c c o m p a n ie d b y a c e r t ifie d c h e c k e q u iv a le n t t o o f o f th e
s u b j e c t t o c a ll a ft e r fiv e y e a r s
a m o u n t b i d f o r on s o m e b a n k in J a c k s o n , p a y a b le t o D . P .
D a y t o n ( O h i o ) S c h o o l D i s t r i c t .—Bond Offering. P r o p o ­ P o r te r , .Tr,, C it y C le r k , w i t h o u t c o n d it io n s , a n d b id d e r s m u s t
sa ls w ill b e r e c e iv e d u n t il 12 m A p r il 13, 1899, b y th e C o m ­ sa H *fy t h e m s e lv e s a s t o th e le g a lit y o f th e b on d B in a d v a n c e
m itte e on F in a n c e a n d A c c o u n t s a t th e o ffic e o f W m . G . o f th e sa le,
Jefferson f ity (M o .) School D is t r ic t.—•Bonds Defeated —
H s e n s * le t . C le r k B o a r d o f E d u c a t i o n , f o r $50,000 H c o u p o n
s c h o o l b o n d s, S e c u r it ie s w ill b e in d e n o m in a t io n o f $ 1, 100. A t a s p e c ia l e le c t io n h eld M a r c h 14, 1899, th e p r o p o s it io n t o
issu
e $10,000 s c h o o l b o n d s w a s d e fe a te d ,
d a te d M a y 1 , 1899: in t e r e s t w ill b e p a y a b le M av 1 a n d N o v . 1
J e f f e r s o n i o n n t y , M o n t .— Bids.—Following are the b id s
N e w Y o r k ' P r in c ip a l w ill m a t n r e M a v 1,
t 9i s .
B in d s a re issu e d p u r s u a n t t o S e c t io n 3994, R e v is e d r e c e iv e d on M a rch 6. 1899, f o r th e $75,000 10 2 0 -y e a r ( o p ­
- a 'u t e s o f O h io . P r o p o s a ls m u s t b e a c c o m p a n ie d b y a tional) refunding bondB :
c e r t ifie d c h e c k o n a n a t io n a l b a n k f o r H o f th e g r o s s a m o u n t
N* tv. H >rr V Co., Chicago—W ill lake
bimits: $15,000 can be pall at op­
o f s i i d b o n d s , p a y a b le to tb e o r d e r o f th e C le rk o f tb e B o a rd t ic s t o pear* panic 1* year* ami balance 30 years, and pay $30n premium.
SeymourBn-* o f New Votk—Will tok** 4**$ lifl-yenr b o o d i at par le»s
o f ljf*
o f E d u c a tio n .
VV. E Bell and Spokane Eastern Trn**t Co.—W ill take 4J0 2’'-yoar bond* ill par
> ftp.
D e m o p o l K M a r e n g o C o n n l r , A la ,— B o n d Offering — P r o - lea? %fmm
Carson. Lt-aeh 4 Co. o f Chicago.—Will take 4 *# 20-year bonds and put a pre­
b‘9 r e c * iT* d a* » o y tim e f o r th e n e x t 30 d a y s fo r mium o f $H60.
^ E ^ fl Hollins A Son*. Boston—Will take
bonds ond par a premium o f
$13..ih0 5* 2 0 -y e a r g o ld b o n d s , $3,000 o f w h ic h a re f o r r e fu n d

THE

536

CHRONICLE.

rV0L. L X V I I I .

11. If. P a lm er A Co. o f H e 'e n a —W ill take
bon d s and pay 110 prem ium.
Denison. P rior A Co., B oston —W ill take
bon d s at par.
M innesota Loan A T ru st Co.—W ill take
bonds at discou n t o f $375,
U nion Bank A T ru st C o.—W ill tak e
bonds a t par less 3* com m ission.
L a m p recbt Bros. A Co., C leveland—W ill tak e * bonds at a prem ium o f $5,101.
New First N ational Bank, Colum bus, O hio—W ill tak e b% bonds and pay $3,675
prem ium .
W . J. H ayes A Sons, C leveland—W ill take 5% bon d s and pay $3,427 prem ium .

N o r t h A d a m s , M a s s .— Loan Negotiated.—O n M a r c h 3,1899,
t h is c it y p la c e d a lo a n f o r $40,000 w it h R o g e r s , N e w m a n &
T o lm a n , B o s to n , a t 2-93#; lo a n w a s m a d e in a n t ic ip a t io n o f
t a x e s a n d w i l l m a t u r e O c t o b e r 3 , 1899.
N o r t h D a k o t a .— Bonds Authorized by Legislature.— B e f o r e
A s s ta te d la s t w e e k , b o n d s w e r e a w a r d e d t o N . W . H a r r is a d jo u r n in g th e L e g is la t u r e .a u t h o r iz e d t h e is s u a n c e o f $ 50,000
& C o .. C h ic a g o , b u t th e p r i c e p a id w a s 100-266 a n d n o t p a r , b o n d s f o r t h e e r e c t io n o f a d d it io n a l b u il d in g s a t t h e S t a te
I n s a n e A s y lu m .
as r e p o r te d .
N o r w a l k , tou n .— B mds Authorized by Senate.—T h e S e n ­
K e t t l e F a l l s ( T o w n ) . W a s h .— Bond Offering.—P r o p o s a ls
w ill b e r e c e iv e d n n til M a r c h 28, 1899, b y th is t o w n f o r ih e a te h a s p a sse d a r e s o lu t io n a u t h o r iz in g t h is c i t y t o is s u e
$2,000 6 : w a t e r w o r k s b o n d s r e c e n t ly v o t e d .
In te r e s t w ill $250,000 3J<o# f u n d in g b o n d s .
N o r w o o d , O h i o .— Bond Election.— A t t h e s p r in g e le c t io n
b e p a y a b le s e m i-a n n u a lly at p la c e a g r e e d u p o n b y th e C o u n ­
th e q u e s t io n o f is s u in g $25,000 b o n d s f o r t h e im p r o v e m e n t o f
c il and p u rch a ser,
L n u r in m ( V i l l a g e ) , H o u g h t o n C o u n t y , M i c h — Bond Offer­ M o n t g o m e r y r o a d w ill b e v o t e d u p o n .
O c e a n S p r in g s , M is s .— Bonds Authorized.— T h e B o a r d o f
ing.— P r o p o s a ls w ill b e r e c e iv e d u n t il 8:30 p. m . , A p r il 4,
1899, b y J o s e p h R . M u r p h y , V i l l a g e C le r k , f o r $35,000 5# A ld e r m e n has a u t h o r iz e d th e is s u a n c e o f $5,000 s c h o o l b o n d s .
O regon ,
W D .— Bonds
Voted.—A t th e e le c t io n h e ld
s e w e r b o n d s . S e c u r itie s a re d a te d J u ly 1, 1899. I n t e r e s t w ill
b e p a y a b le s e m i-a n n u a lly , a n d w ill m a t u r e s e r ia lly c o m m e n c ­ M a r c h 7, 1899, th e v o t e s t o o d 2 t o 1 in f a v o r o f is s u in g th e
$7,000 5# w a t e r b o n d s , a d e s c r ip t io n o f w h i c h w a s g iv e n in
in g J u ly 1, H 0 4 , a n d c o n c lu d in g J u l y 1, 1923.
L a w r e n c e C o u n t y , A l a .— Bond Election.— A n e le c t io n w ill th e C hronicle last w e e k . T h e V i l l a g e C le r k w r it e s u s t h a t
b e h e ld A p r i l 18, 1899, t o v o t e o n th e q u e s tio n o f is s u in g th e h e th in k s the b o n d s a re a lr e a d y c o n t r a c t e d f o r
P a t e r s o n , N. J . — Bonds Authorized by Legislature.— S e n ­
r o a d b o n d s w h i c h w e r e a u t h o r iz e d b y th e la s t L e g is la t u r e
L a u r e n c e C o u n t y ( P . 0 . D e a d w o o d ) , S. D a k .— Bonds A u ­ a te b ill N o . 137, e n a b lin g t h is c i t y t o r e n e w r e f u n d in g b o n d s ,
h
a
s p a ssed th e H o u s e .
thorized.—T h e C o u n t y C o m m is s io n e r s h a v e v o t e d t o issu e
P a u l d i n g C o u n t y , O h i o .— Bond S ale— O n M a r c h 14, 1899,
$14" .000 2 0 -y e a r b o n d s t o r e fu n d 10# b o n d s m a t u r i n g J u ly 1,
th e $39,500 5# p ik e b o n d s w e r e a w a r d e d t o D e n is o n , T r i o r &
1899.
L e b a n o n (111.) S c h o o l D i s t r i c t .— Bond Election.—The C o ., C le v e la n d , a t 105-283, F o l l o w i n g a r e th e b id s :
q u e s tio n o f r e fu n d in g $14,000 t% s c h o o l b o n d s m a t u r in g in
P rem iu m . |
P rem iu m .
D en ison . P rio r & C o., C le v e .. .$2.0S0 75 L am preelit B ros. Co.. C le v e ... 11,8^0 58
J n n e w i l l b e v o t e d u p o n o n A p r il 15, 1899.
Feeler. H olzm a n & Co., C incin. 2,068 51 I S eason good A M ayer, C in c in .. 1,801 21
L o u i s i a n a , n o .—Bond Sale—Bond Call.— L o c a l r e p o r ts W . J. H ayes & Sons, C leve . .. 1,002 00 ' S o cie ty f o r -------1,459
------Savinas, Cleve.
99
980 24
s ta te th a t th e C it y C o u n c il on M a r c h 7 ,1 8 9 9 , p a sse d a n o r d i­ N ew 1st N at. B ’ k. C olu m bu s.. 1,075 00 P a u ld in g D e p o sit B a n k ___
Briggs, T o d d A Co.. C in cin ___ 1,007 00
%
n a n ce c a llin g in $75,000 o f th e c i t y 's b o n d s w h i c h n o w h e a r
F o r d e s c r ip t io n o f b o n d s see C h r o n i c l e M a r c h 4, 1899,
5 a n d 6# in te re s t. T h e M a y o r a n d C ity C le r k w e r e a u t h o r ­
p. 442.
iz e d to issu e n e w 4# b o n d s t h e r e fo r , th e sa le o f w h i c h at
P e r r y C o u n t y , A l a . — No Bonds Probable.—NT. W . C r a w ­
101-066 h a d b e e n p r e v io u s ly a r r a n g e d t h r o u g h th e c i t y ’s
f o r d , C o u n t y T r e a s u r e r , w r it e s u s t h a t t h e $6,000 b r id g e
a g e n t. J o h n W . M a tso n .
M a d is o n , Yiis.— Bond Sale.—O n M a r c h 14, 1899, th e $40,- b o n d s a u t h o r iz e d b y th e la s t L e g is la t u r e w i l l p r o b a b ly n o t
000 10-20-year ( o p t i o n a l) c o u p o n s e w e r b o n d s w e r e a w a r d e d t o b e is s u e d , a s th e fin a n c ia l c o n d it io n o f th e c o u n t y h a s g r e a t ly
D u k e M . F a r s o n , C h ic a g o , a t 102-15 f o r a 34£# b o n d . T w e n t y im p r o v e d s in c e th e in t r o d u c t io n o f t h e b ill.
Q u i n c y , M a s s .— Bonds Proposed.—B ills n o w b e fo r e th e
b id s , r a n g in g f r o m 101-25 t o 106 41, w e r e r e c e iv e d f o r th e 4#
b o n d s , th e r a te a d v e r tis e d . F o r d e s c r ip tio n o f s e c u r itie s S e n a te p r o v id e f o r th e is s u a n c e o f $150,000 h ig h w a y b o n d s
a n d $100,000 4# 1 0 -y e a r r e f u n d in g b o n d s .
se e C h r o n i c l e M a r c h 4 ,1 8 9 9 , p . 441.
R a m s e y C o n n t y ( P . 0 . S t. P a u l ) , M in n .— Bond Offering.—
M a d i s o n v i l l e , O h i o .— Bond Election.— A t th e c o m in g
s p r in g e le c t io n t h e q u e s t io n o f is s u in g $3,500 fire d e p a r tm e n t S u b s c r ip t io n s w ill b e r e c e iv e d u n t il A p r i l 3, 1899, b y W . R .
J o h n s o n , C o u n t y A u d it o r , f o r $18,000 3 % # 10 y e a r b r id g e
b o n d s w ill b e v o te d u p o n .
M a in e .— Loans Authorized.—TheJ S t a te L e g is la t u r e h a s b o n d s . S e c u r it ie s w i l l b e is s u e d in d e n o m in a t io n s o f f r o m
a u th o r iz e d a lo a n o f $50,000 f o r 1899 t o m e e t cla im s o f M a in e $100 t o $1,000, d a te d M a y 1 ,1 8 9 9 . I n t e r e s t w i l l b e p a y a b le
c it ie s and t o w n s f o r m o n e y fp a id i n th e S p an ish w a r a n d a s e m i a n n u a lly a t th e o ffic e o f th e C o u n t y T r e a s u r e r o r t h e
lo a n o f $150,000 in 1900 t o r e n e w th e $50,000 lo a n a b o v e a u ­ c o u n t y ’s fis c a l a g e n t in N e w Y o r k C it y . P r e fe r e n c e w i l l h e
t h o r iz e d a n d th e w a r lo a n o f $100,000 p la c e d a fe w m o n th s g iv e n t o s m a ll lo c a l b id d e r s a n d b id s f o r s m a ll a m o u n t s w i l l
b e a w a r d e d in t h e o r d e r file d .
ago.
R e a d i n g , M a s s .— Temporary Loan.—T h is t o w n r e c e n t ly
M a r s h a l l C o u n t y ( P . 0 . H u n t e r s v i l l e ) , A l a .— D e t a ils o f
Bonds Authorized. — U p o n in q u ir y w e le a rn th a t th e a m o u n t n e g o t ia t e d a lo a n o f $40,000 w it h R o g e r s , N e w m a n & T o l ­
o f b o n d s t o b e is s u e d u n d e r a u t h o r it y o f th e S ta te L e g is la ­ m a n , B o s t o n , a t 3-09# d is c o u n t . F o l l o w i n g b id s w e r e r e ­
tu r e f o r b r id g e s a n d tu r n p ik e r o a d s is $100,000. I n te r e s t a t c e iv e d :
n o t m o r e th a n 5# w ill be p a y a b le a t B ir m in g h a m , A la ., N a sh
v ille , T e n n ., o r N e w Y o r k C it y . B o n d s w ill m a t u r e 35 y e a r s
f r o m d a te o f issu e, s u b j e c t t o c a ll a ft e r 20 y e a rs. T h e C o m ­
m is s io n e r s ’ C o u r t m e t o n th e 14th in st. t o c o n s id e r th e tim e
o f Bale, a n d o t h e r d e t a ils c o n n e c t e d w it h th e is s u a n ce o f
th ese b o n d s.
M a t t o o n ( 111.) S c h o o l D i s t r i c t . -D escription o f Bonds.—
W e a re a d v is e d th a t th e b o n d s r e c e n t ly v o t e d f o r s c h o o l
p u rp o se s w ill b e $ 2 8 ,0 (0 in a m o u n t , b e a r in g 4# in te r e s t p a y ­
a b le s e m i-a n n u a lly . P r in c ip a l w ill m a t u r e 20 y e a r s f r o m
d a t e o f is s u e ( p r o b a b ly J u ly 1, 1899), a n d w ill b e s u b j e c t t o
y e a rs.
B o n d s w ill b e in d e n o m in a tio n o f
f i.u u o . D a te o f s a le h a s n o t y e t b e e n d e te r m in e d .
M e d w a y , M a ss.— B o n d s P r o p o s e d .— W a t e r b o n d s t o th e
a m o u n t o t $75,000, b e a r in g 6# in te r e s t a n d m a t u r in g in 30
y e a r s a re th e s u b j e c t o f a b ill n o w b e fo r e th e L e g is la t u r e
fi mqatOf“J 0 J <9 S c h o o l D i s t r i c t . — B o iw s V oted .-b a M a r c h
iS J .l, th is d is t r ic t a u t h o r iz e d th e is s u a n c e o f $3,500 b o n d s
b y a m a jo r it y o f f o u r v o te s.
ffio i5 <0 4 . £ 5* J ? fu n d lD ^ b o n d s
iSOS t o th e M in n e a p o h s L o a n

a r e a d v is e d th a t th e
w h >ch w e re s o ld o n D e c . 5,

& T r u s t C o. h a v e s in c e b e e n

n O ?' ° - u ' B raD 80n; a ls o t h » t M essrs. P h e lp s &
b v e m a n , C h ic a g o , h a v e c o n t r a c t e d t o b u y th e $45,000
w a t e r b o n d s is s u e d t o r e fu n d th o s e n o w s u b je c t t o ca ll
M o u n t H e a l t h y , O h i o .— Bond Election.— W . B . J on es V i l ­
la g e C le r k , has g iv e n n o t ic e th a t o n A p r il 3, 1899, th e ernestio n o f is s u in g $2,000 fir e b o n d s w i l l b e s u b m itt e d to a V o t e
i ^ m n ' - V T T ’ N*

V '-B on d Sale.-O n M a rch 13, 1899, th e

F al_ _ __ ____
W . J. H ayes A Sons, C leveland .104*61

1.104*256

B o n d s m a t u r e M a r c h 1, 1902.
b o n d s see C hronicle M a r c h 4 7 1 8 9 9 , d e s c n p t lo n
Of

W

of

is-~f.Loa\ p r o p o s e d .- T h e F in a n c e C o m m it te e

o f th ei C
« *lo a n o f
C oo m
mm
m oo n
n C
C oo u
un
n cc il
il is
is naamfiafirwy
n e g o t ia t in g f o r a
$30,000
t o P a y o u t s t a n d in g in d e b te d n e s s .
N e w H a m p s h ir e .— L o a n Authorized.—T h e L e g is la t u r e h as
anw J Zed,£ h e S t ? te'T r e a s u r e r t o n e g o t i a t e ! W
“
0 „ R M arch T 2
),, i S M S e l, C o n n ty , N. 3 . -B o n d s V o te d .Un M a r c h 6, 1899, th e p e o p le o f th is t o w n v o t e d fa v o r a b ly on
e S“r p“a
h e* -issu
b0n<la
n rsmi oin! e od f.
mh ee ww»at te
p la nnt.t ,8ZDteatai ^
ilso !o°f ?th
e a r ef onr o tth
y ee t «dte .te

Discount.

Discount

R o g e rs. N ew m an A T o lm a n ,B o s t.3 0Q%
W a rre n Inst, f o r S av in gs........... *3*25*
Charles W e il A Co., B o s to n ................. 3* 10& E sta b ro o k & Co., B o s to n ..............3*341
B lodget, M erritt A Co.. B o sto n .3*161 I Curtis A M otley, B o s t o n .................... 3*371
B on d a G oodw in , B o s t o n .....................3*201 P a rk in son A B urr, B o s t o n ..........3*551
* Interest
B lak e B ros. & Co., B o s to n ............ 3*6251

L o a n m a t u r e s $10,000 o n N o v e m b e r 1, 8 ,1 5 a n d 22.
R e i d s v i l i e , N . C .— Bonds Voted.— A t th e e le c t io n h e ld
M a r c h 14, 1899, th e is s u a n c e o f $25,000 w a t e r - w o r k s b o n d s
w a s a u t h o r iz e d . O n ly 7 v o t e s w e r e c a s t a g a in s t th e p r o p o ­
s itio n .
R o c k i n g h a m C o u n t y , N . H .— Bond Offering—P r o p o s a ls
w ill be r e c e iv e d u n t il 12 m ., M a r c h 91, 1899, b y W i l l i a m H .
C . F o lla n s b y , C o u n t y T r e a s u r e r , f o r t h e $35,00u
cou p on
b o n d s m e n tio n e d in th e C h r o n i c l e , M a r c h 4, 1899,
S e c u r i­
tie s a r e in d e n o m in a t io n o f $1,000, d a t e d A p r i l 1, 1899. I n ­
te r e s t w ill b e p a y a b le A p r i l 1 a n d O c t o b e r 1, a n d th e p r i n c i ­
p a l w ill m a t u r e $7,000 y e a r ly o n A p r il 1 f r o m 1906 t o 1910
in c lu s iv e .
R u s s e l l , M a s s .— Loan Negotiated.— A c c o r d i n g t o lo c a l
p a p e r s , t h is t o w n h a s n e g o t ia t e d a lo a n o f $10,000 a t 3 G #
in te r e s t. L o a n w ill m a t u r e $1,000 y e a r ly f r o m 1904 t o 1913
in c lu s iv e .
M ic h .— Bond Sale.— O n M a r c h 8, 1899, th e
$ -o ,o u 0 o%% r e fu n d in g w a te r b o n d s o f t h is c it y w e r e a w a r d e d
fiis sta te d la s t w e e k ) t o E . H . G a y & C o ., B o s t o n , a t 103-10.
W e n o w g iv e a f u l l lis t o f b id s :
H& 9 ° " B o sto n ........ *89,883 50
W . J. H a y e s & Sons, C leve .. 29.370( 0
Briggs, T od d & Co., C in cin ... 21,303 55
D enison . P rio r & Co.,C leve... 29,255 25
S easou good &. M ayer, C incin. 29.232 40
Lampreelit. B ros. & C o.,C leve. 29,212 50

E sta b ro o k A Co., B o s to n ....... 2^,160 34
A d a m s A Co., B o sto n ............ 28.903 56
M e rcli.L ’ n a T r. Co., Chicago. 28,876 20
F a rson .L ea cli A Co., Ch icago. 28,678 12
S e co n d N at. B 'k o f S aginaw . 28,650 00

$18,500 o f th e s e b o n d s w ill m a t u r e M a y 1, 1 9 2 0,-a n d t h e
r e m a in in g $10,000 w ill m a t u r e M a r c h 10, 1920. F o r f u r t h e r
d e s c n p t io n o f b o n d s see C h r o n i c l e , M a r c h 4, 1899, p. 442.
S a le m , O r e .— Bond Election.— A n e le c t io n w i l l b e h e ld o n
M a r c h 30, 1899, t o v o t e o n th e q u e s t io n o f is s u in g a b o u t $ 8 0 ,000 r e f u n d in g b o n d s . I f a u t h o r iz e d th e in t e r e s t o n th e s e
b o n d s c a n n o t e x c e e d V/tf ,
^vr11d
Ohi o . — Bids. — T h e f o l l o w i n g b id s w e r e r e c e iv e d
o n M a r c h 1, 1899, f o r th e $50,000 4# p a v i n g b o n d s :
D enison . Prior & Co., C le v e ___.103-17
S easongood & M ayer. C in c in .. . . (03'16
§ r v? St/ oiM $ Co., C in cin n a ti.103-15
N . W . H arris & Co.. C h icago .. 102-91
W . J. H a ye s & Sons. C le v e .........102*872
| e d e r H olzm an & Co.. C incin. .102-72
8 - j r K ean ’ C h ica g o .......................102-55

L a m p re cb t B ros. Co.. C le v e .......102*525
Farsoii, L e a ch A C o.,C h ica g o .. .102*35
E. H . R o llin s A Sous. B o s t o n .. .102*IH7
N ew 1st Nat. Bank, C olum bus 102*036
S o cie ty f o r S avings. C leveland 101*43
1 bird N ational E x ch an ge Bank.
San dusky T Z T. Z I Z Z Z Z Z ' m ' m

T h e f o l l o w i n g b id s w e r e r e c e iv e d t o o la t e t o b e c o n s i d e r e d ;
& 9.°S« C in cin n ati........... 103-20 i R u d o lp h K le y b o lte & Co. C m -

German Nat. Bank. Cincinnati. ..102*91

cinnati........................................ 101*805

M arch 18,

THE

tW.j

CHRONICLE.

P r in c ip a l w i l l m a t u r e $ 3,000 y e a r l y o n M a r c h 1 f r o m 1901
t o 1910, in c lu s iv e . F o r f u r t h e r d e s c r i p t i o n o f b o n d s s e e
C h r o n i c l e F e b . 4, 1899, p. 244.
S a r d is , M is s .— Bond Offering.—T h is c i t y is a d v e r t is in g f o r

539

t e r e s t w ill b e p a y a b le s e m i a n n u a lly a t th e o f f ic e o f t h e
S c h o o l T r e a s u r e r . P r in c ip a l w i l l m a t u r e M a y 1, 1939. A
c e r t ifie d c h e c k f o r $500 m u s t a c c o m p a n y p r o p o s a ls .

T a u n t im . M a s s .— B o n d Offering.— P r o p o s a ls w i l l b e r e ­
c e iv e d u n t il 7:30 p . m . M a r c h 2 1 ,1 8 9 9 , b y E d w a r d H . T e m p le ,
S c h e n e c t a d y , N. Y.—Bonds Authorized by Senate.— T h e
C it y T r e a s u r e r , f o r $50,000 44 s e w e r b o n d s a n d $5,000 44 e l e c ­
S e n a te h a s p a sse d a b ill a u t h o r iz in g th e is s u a n c e o f $5 1 2,0< 0 t r i c - l i g h t b o n d s . S e c u r it ie s a re in d e n o m in a t io n o f §1,000,
b o n d s t o im p r o v e t h e w a t e r s u p p ly .
d a t e d D e c . 1. 1898. I n t e r e s t w i l l b e p a y a b le s e m i-a n n u a lly
S c h o o l c r a f t , H ic k —B inds Defeated. — A t a r e c e n t e l e c ­ a n d th e p r in c ip a l w ill m a t u r e D e c . 1 ,1 92 8 .
tio n th e p r o p o s it io n to is s u e e l e c t r i c - l i g h t b o n d s w a s v o t e d
T h t b o d a u x ( T o w i i ), L a .— B o n d Offering.— P r o p o s a ls w ill b e
r e c e iv e d r n .n l 12 m . M a r c h 31. 1899, b y th e M a y o r a n d C o u n ­
u p o n a n d d e fe a te d .
S o n t b b r i d g e , M a s s .— B o n d s P r o p o s e d .— A b ill p e r m it t in g
c i l f o r t h e $15,000 5,4 e le c t r i c l i g h t p la n t b o n d s r e c e n t ly
t h e is s u a n c e o f $50,000 s e w e r b o n d s is b e in g c o n s i d e r e d in
a u t h o r iz e d . S e c u r it ie s w ill b e in d e n o m in a t io n o f $100,
th e H o u s e .
d a te d A p r i l 1. 1899: in t e r e s t w ill b e p a y a b le J a n u a r y 1 a n d
S o u t h D a k o t a .— Bonds Authorized by Legislature. —B e fo r e
J u ly 1 a t th e B a n k o f T h ib o d a u x o r t h e B a n k o f L a o u r c h e ,
a d j o n r n i c g , th e S ta te L e g is la t u r e p a sse d th e b ill a u t h o r iz in g
b o t h in T h ib o d a u x . P r in c ip a l w ill m a t u r e § 3 ,5 00 y e a r ly o n
t o w n s a n d m u n ic ip a lit ie s , e x c e p t c it ie s o f th e fir s t c la s s , t o
J a n u a r y 1 f r o m 1905 t o 1910, in c lu s iv e . B o n d s a r e is s u e d
is s u e b o n d s f o r w a te r w o r k s .
p u r s u a n t t o o r d in a n c e N o . 124, a d o p t e d F e b . 24, 1899.
S o u t h H a d le y , M a s s .—Loans Proposed.—At th e a n n u a l
T o l e d o , O h i o .— Bond Issues.— L o c a l p a p e r s s t a t e th a t th e
t o w n m e e t in g t o b e h e ld s h o r t ly th e q u e s t io n o f b o r r o w i n g
S in k in g F u n d C o m m is s io n e r s w i l l a c c e p t f r o m $ 3 0 ,0 C 0 t o
$20,000 f o r 10 y e a r s at n o t m o r e th a n 54 f o r s c h o o l p u rp o s e s
$60,000 s tr e e t i m p r o v e m e n t b a n d s w h i c h w i l l b e is s u e d b y
w ill b e v o t e d u p o n ; a ls o t h e q u e s t io n o f n e g o t ia t in g a lo a n o f
th is c i t y .
812,500 t o r e fu n d p a v i n g b o n d s m a t u r i n g J u l y 11, 1899.
T r e n t o n , h\ J .—Bonds Authorized by House . — A b ill w h ic h
p e r m it s th e is s u a n c e o f b o n d s f o r a h ig h s c h o o l h a s p a sse d
S o u t h H a d le y ( M a s s .) F i r e D i s t r i c t ,—Loan Avtliorized , —
th e H o u s e .
A t th e a n n u a l m e e t in g o f th is d is t r ic t , h e ld M a rch 13. 1899,
U n io n C o u n t y ( O r e . ) S c h o o l D i s t r i c t N o . 1 .— B o n d Offer­
t h e T r e a s u r e r w a s a u t h o r iz e d t o b o r r o w $5,000 i n a n t i c i p a ­
ing. — P r o p o n t is w ill b e r e c e iv e d a t a n y t im e b y W i l l i a m M il­
t io n o f th e c o U e c t io n o f ta x e s.
le
r
. C le r k B o a r d o f E d u c a t io n , L a G r a n d e , f o r $20,000 54
S u m t e r C o u n t y , A l a .— Bond Election.—W e a r e a d v is e d
10-20-y e a r (o p t io n ) s c h o o l b o n d s , S e c u r it ie s w e r e a u t h o r ­
th a t, u n d e r th e a u t h o r it y r e c e n t ly g r a n t e d b y th e S ta te
iz e d b y a v o t e o f 173 to 45 a t a n e le c t io n h e ld M a r c h 0, 1899.
L e g is la t u r e , a n e le c t io n w ill b e h e ld n e x t s u m m e r t o v o t e o n
U t ic a , N . \,— Bond Sale.—O n M a r c h 1 4 ,1 8 9 9 , th e §6 ,8 23 70
th e q u e s tio n o f is s u in g r o a d im p r o v e m e n t b o n d s .
S u n b u r y , Vd,—Bonds Proposed, — W e a r e a d v i s e d t h a t th is |44 1-6-y e a r (s e r ia l) p a v i n g b o n d s w e r e a w a r d e d t o B e r t r o n &
S t o r r s , N e w Y o r k , a t 101'41. A b id o f 101*35 w a s r e c e iv e d
c i t y p r o p o s e s t o r e fu n d its t o t a l b o n d e d in d e b t e d n e s s (a b o u t
f r o m th e H o n . J . G . G ib s o n , U t ic a , a n d o n e o f 101*75 (u n a c ­
.$80,000) w it h lo n g -t e r m Its c o u p o n b o n d s .
c o m p a n ie d b y c h e c k ) w a s r e c e iv e d f r o m S A . K e a n , C h ic a g o .
S y r a c u s e , N. V. —Bonds Authorized by legislature,—T h e
V e r m i l l i o n C o u n t y ( P . 0 . P e r r y s v l l l o ) , I n d .— Bond Elec­
b ill r e c e n t ly p assed b y th e S t a te L e g is la t u r e p r o v i d i n g f o r
tion.—On M a r c h 28, 1899, th e p r o p o s it io n to is s u e b o n d s f o r
t h e is s u a n ce o f $10,000 b r i d g e b o n d s h a * b e e n s ig n e d b y th e
r o a d im p r o v e m e n t s , th e e s t im a t e d c o s t o f w h i c h is $36,500,
G overn or.
T a r e n t n m ( P a . ) S c h o o l D i s t r i c t .—Bond Offering.—Pro- w ill b e s u b m it t e d t o a v o t e o f t h e t a x p a y e r s . B o n d s , i f is ­
s u e d , w ill b e a r as in te r e s t a n d w ill r u n f r o m o n e t o te n
POsals w ill b e r e c e iv e d u n t il 7:30 P. ii M a r c h 27, 1899, b y H .
K , H u m e s , S e c r e t a r y , f o r § 2 5 ,CM0 4,4 h ig h -s c h o i 1 b o n d s . S e ­ y e a r s . W e a r e a d v is e d b y o n e o f th e c o u n t y o f fic ia ls t h a t i t
c u r it ie s a r e in d e n o m in a tio n o f $500, d a t e d M a y 1 , 1899. I n - • is d o u b t f u l w h e t h e r t h e p r o p o s it io n c a r r ie s .
s a l e $ 2 ,0 0 0 w a t e r - w o r k s b o n d s .

IN V ES TM E N TS .

N E W LOANS.
P U B L IC NOTICE.
T O T H E H O L D E R S O F T H E FO L L O W *.
I J i « B R I D G E B O N D S I s s l 'R D ItV
TH E COUNTY OF B E X A R ,
TEXAS.
BRIDGE BONDS ISSUED MARCH l i t , 1889
NUMBERS 1 to 10 Inclusive, or SOD each, eretjrdered redeemed, end the holder, o f raid BONDS
will present i«m « at the NATIO NAL PA R K BANK
to NEW VORK C1TT forp ey m em oa SATU R D A Y’
MARCH *8, A. D. 1800, at TEN O'CLOCK A. M.
BRIDGE BONDS ISSUED JUNE 10th.
NCM*
BERN 151 to 198 inclusive o f #509 esch, are ordered
redeemed, and the holder, o f raid BONDSare hereby
notified t " present Mine for payment at T H E N A ­
T IO N A L P A R K BANK In NEW VORK CITY on
SA T U R D A Y MARCH ASlb. 11*9 at TEN O'CLOCK
* . M.. after which date. Interact on all o f above
BONDS w!H cease.
Published by order o f T H E HONORABLE COM­
MISSIONERS COURT OF BEXAR COUNTY
TE XA S.
Witness my band at SAN ANTONIO. TEXAS, tin*
the 10th day o f MARCH. A. D. 1899
•INO. W, TOBtN,
COUNTY TREASURER, BEX AB COUNTY,TKX.

B O N D CALL.
3Tntlc« I# b ertb?
that ilorriaon County.
Texas*. 0 ;mtn>n.i.o Kallrnad rinf/uMy Bonds of Uie
denomination of t^Oeorb. numbered from 1261 to
melualra, will be paid on presentation at the
T reasu ry o f th e S la te o f T exa *.

B A N K E R S*.

Government a n d
Municipal Bonds

6 0 D e v o n s h ir e S t r e e t , B o s t o n .

B O U G H T A ND SOLD.

1 7 1 L a H n lle S t r e e t , C h ic a g o ,

APPRAISEMENTS MADE O R QUOTATIONS
FURNISHED FOR T U B PURCHASE. SALE O R
KXCH A SUE OF A BO VE 8ECUBITIBS.

OFFER FOR SALE:
K r n o C o u n t y , K a n s a s . ................................... 414s
P a le s tin e * T e x a s ................................................As
J o l i e t G a n C o ., J o l i e t , I l l .............................. £ »
M outh Oinn.hu, N eb ..
.......... ..........................Ha
B a y fie ld C o u n t y . W in* ................... .......

L IS T *

WANTED.

B id , will be
by the City o f Hoatjroinery,
Ala., rratll April M provimo, 19 M . f or the pnrehaso
o f Thirty Thonraod Dollar, *1*1 Thirty-Tear Bond*,
issued f o r the purchase o f a park or park*. The
d t y reserve, the right t o reject snv and aU bids.
R. »i. SOMMERV i L l b , Treasurer.

B A N K E R S ,
3 1 K A B B A H S T . ( B a n k o l C o m m e r c e B ld a .)

HI GH G RADE
S ta te , M u n ic ip a l, C o u n ty , S c h o o l

B O N D S.
ls*val inrestmenU for Sarinu» BAnka In New York
and all New England.

State of Massachusetts....3s
State of Massachusetts....3as
City of Cambridge............31s

Rudolph Kleybolte & Co.,

Perry, Coffin & Burr,

B A N K E R S ,

HO S l a t e s t r e e t . B o u t o n .

N o. 1 N n a in n S t r e e t , N e w Y o r k .
3 d a n d W a l n u t s t r e e t s . C in c in n a t i, © .
L IS T S

M A IL E D

UPON A P P L IC A T IO N .

PUBLIC SECURITIES
SUITABLE FOR

ADAMS & COMPANY,
BANKERS,

IN V E ST M E N T BONDS,

BONDS.
S E W YORK
1 NASSAU STREFT.
PHH.A DKLFHIA - « l CHRSTNCT 9T.

M A IL E D

ON A P P L I C A T I O N .

Farson, Leach & Co.,
C H IC A G O .
1 0 0 D earborn 8 t ,

NEW Y O R K ,
N assa u St*

35

N o. 7 C o n g r e s s a n d 8 1 S t a t e S t r e e t * .

DKALEBS IS

Municipal, Railroad
Street Railway and Gas

SAVINGS BANK A N D T R U S T
FUNDS.
L IS T S

DKALSH8 IN

Members o f Boston 3totk Exchange.'

E D W D . C. J O N E S & CO.

ON A P P L I C A T I O N *

N. W. HARRIS & CO.,

And Other Demrablo Seourltlee.

In te re s t will cease

after April t u b , 1999.
_ _
R. W. FINLEY, Comptroller.

PROPOSALS

M A S O N , LEWIS & CO.,

BOSTON.
C AS H PAID FOR
K a n a a a m u n i c i p a l H ond a In d e fa u lt*
W i c h i t a M o r t t n g e * . d e f a u lt o r n o t .
W i c h i t a o r S e d g w ic k C o , R e a l B a t a t e ,
F o r e c lo s e > l e r t $ n t e » , e t c .

DEAN GORDON, Financial Broker
W

ic h it a

.

K

a n sa s

.

TROWBRIDGE,
M a c D onald
& N iver C

o

.

M U N IC IP A L B O N D S,
l e t N a t. B a n k B l d g .

-

-

C H IC A G O

THEIsJCHKON I OLE.

540

W a l l i n g f o r d ( B o r o n g h ) , C o n n .—Bond Sale.—O n M a r c h
14, 1890, th e $45,000 3*4% 2 0 -je a r e l e c t r ic - lig h t p la n t b o n d s
■were a w a r d e d t o N . W . H a r r is & C o ., N e w Y o r k , a t IOS'179.
F o l l o w i n g a r e th e b id s :
N. W. Harr!* * Co., New Y ork ..103-17* |Edw. C. Joilos A Co.. N. Y ..........Jf'PHO
Street. W ykos * Co.. N. Y ..........101'Bta (tines & Cummings, B oston........101 '00
E. 11. feollins A Sons. Boston 101-678 I Farson, I,each & Co.. N. Y ........ 101 OOo

W a l l i n g f o r d ( C o n n .) S c h o o l D i s t r i c t . — Bond Sale.— O n
M a r c h 14. 1899. th e $35,000 3*4* b o n d s w e r e a w a r d e d t o E .
H . G a y & C o ., B o s t o n , a t 101-58 a n d o t h e r c o n s id e r a tio n s .
F o l l o w i n g a re th e b id s :
E H. Gar &Co.. B oston.............m i ss* I E. H. Rollins & Sons. N. Y......... 101079
N. W . H a'ris A Co.. New York. .108-079 Kdn. ('..Tones SCO , N. Y . .........l « m g
Street. W ykes A Co.. N. T ..........101317 I Farson, Leach & Co.. N. \ ......... lOO’olo

B o n d s m a t u r e $3,000 in 1901 a n d 83,000 e a c h a lte r n a te
y e a r u n t il 1917, a n d $8,000 in 3919. F o r f u l l d e s c r i p t io n o f
b o n d s see C h r o n i c l e M a r c h 4, 1899, p. 443.
W a s h i n g t o n .—State Bonds Authorized.— T h e L e g is la t u r e
h a s a u t h o r iz e d th e S ta te T r e a s u r e r t o fu n d o u t s t a n d in g
S ta te w a r r a n t s a n d p u r c h a se th e b o n d s , w h i c h s h a ll h e a r 3*4%
in te r e s t , w it h m o n e y in th e p e r m a n e n t s c h o o l fu n d .
W a j l a n d , M a ss.— > <nd Sate.— 'The s a le o f $42,000 4% 30y e a r b o n d s t o E s t a b r o o k & C o .. B o s to n , a t p r iv a t e s a le is
r e p o r te d .
W a y n e s b o r o ,P a .—Bond Election.— A t th e e le c t io n t o h e
h e ld o n A p r i l 4, 1899, th e p e o p le w i l l v o t e o n t h e q u e s t io n o f
is s u in g $6,000 f o r th e p u r p o s e o f c o n v e r t i n g th e l o w e r p a r t o f
th e A c a d e m y o f M u s ic in t o a m a r k e t h o u s e a n d f o r a fir e ­
m e n ’s b u ild in g .
W e s t c h e s t e r C o u n t y ( P . 0 . W h i t e P l a i n s ) , N . Y .— Tempo­
rary loan.-* T h is c o u n t y h a s r e c e n t ly b o r r o w e d $200,0C0 in
a n t ic ip a t io n o f ta x e s. L o a n w ill m a t u r e i n th r e e m o n th s .
W i l l i a m s p o r t , M il.— Bonds Voted..—A t t h e e le c t io n h e ld in
th is t o w n M a r c h 6, 1899, i t w a s v o t e d t o is s u e b o n d s f o r an
e le c t r ic -lig h t p la n t. T h e r e w i l l n o t b e m o r e th a n $6,000
b o n d s is s u e d , a n d t h e y w i l l b e f r e e f r o m c o u n t y a n d m u n i c ­
ip a l ta x . D e ta ils o f s a le , e t c ., a r e n o t y e t d e t e r m in e d .
W i l m i n g t o n , D e l.— Bond Bill Defeated.— T h e b ill a l l o w ­
in g th is c i t y t o b o r r o w $125,000 f o r s tr e e ts a n d s e w e r s w a s
r e c e n t ly d e fe a te d b y th e H o u s e , i t f a i l i n g t o r e c e iv e th e c o n ­
s t it u t io n a l m a jo r it y .
W in c h e s t e r , M a s s .— B o n d s Authorized.— A t a r e c e n t t o w n
m e e t in g th e is s u a n c e o f t w e n t y $500 4% h ig h w a y b o n d s w a s

IN V E S T M E N T S .

[V ol .LXVU I.

a u t h o r iz e d . S e c u r it ie s w ill m a t u r e $ 5 ,0 (0 o n D e o . 1 o f th e
y e a r s 1906 a n d 1907.
W i n d s o r , N . Y .— Correction.— T h e lis t o f b id s p u b lis h e d
la s t w e e k f o r t h e $20,000 3*4% w a t e r b o n d s o f th is p la c e w e r e
s e n t u s b y o n e o f th e v illa g e o ffic ia ls . W e h a v e s in c e b e e n
in fo r m e d b y M essrs. A r t h u r S. L e la n d & C o ., N e w Y o r k
C it y , t h a t t h e ir b id w a s 101-51, in s t e a d o f 100,151.
W o b u r n , M a s s .— Bonds Proposed.— L e g is la t iv e a u t h o r it y
is b e in g s o u g h t b y t h is c i t y t o is s u e $25,000 a d d it io n a l w a te r
bonds.
-pfl
W o o n s o c k e t , It. I . — Bend Offering.— P r o p o s a ls w ill b e r e ­
c e iv e d u n t il 1:30 P. M ., M a r c h 21, 1899, b y S. P , C o o k , C it y
T r e a s u r e r , f o r th e $150,000 4% g o ld r e f u n d in g w a t e r -w o r k s
b o n d s r e c e n t ly a u t h o r iz e d b y th e S t a te L e g is la t u r e . S e c u r i­
tie s w i l l b e in d e n o m in a t io n o f $1,000, d a t e d A p r i l 1, 1899;
in te r e s t w i l l b e p a y a b le A p r i l 1 a n d O c t o b e r 1 a t o ffic e o f th e
C ity T r e a s u r e r . P r in c ip a l w i l l m a t u r e A p r i l 1, 1919.
W o r c e s t e r , M a ss .—Temporary Loan.— T h is c i t y la s t m o n t h
n e g o t ia t e d a lo a n o f $300,000 w it h R o g e r s , N e w m a n & T o lm a n , B o s t o n , a t 2)4.%.
Bonds Awarded.— W e a r e a d v is e d t h a t t h e $100,000 4% 10y e a r b o n d s , th e sa le o f w h i c h w a s r e c o r d e d la s t w e e k , w e r e
a w a r d e d t o D u n s c o m b & J e n n is o n , N e w Y o r k C it y , o n a 3%
basis.
Y a z o o C it y , M i s s . -N o Election to Be Held.—W e a r e a d ­
v is e d t h a t th e C it y C o u n c il h a s r e v o k e d it s o r d e r c a llin g f o r
an e le c t io n t o a u t h o r iz e th e is s u a n c e o f $100,000 b o n d s .
Y o u n g s t o w n , O h i o .— Water Bonds Not to be Voted.— T h e
C it y C o u n c il h a s b e e n a s k e d t o b r i n g b e f o r e t h e p e o p le a t
th e s p r in g e le c t io n t h e q u e s t io n o f is s u in g $500,000 w a t e r ­
w o r k s im p r o v e m e n t b o n d s , b u t w e a r e a d v is e d t h a t th e C o u n ­
c il is a v e r s e t o t h e p r o p o s it io n a t th e p r e s e n t tim e .
Z a n e s v i l l e , O h io .— B o n d S ale— O n M a r c h 1, 1899, t h e
$17,400 5% 1 5 y e a r s tr e e t im p r o v e m e n t b o n d s w e r e a w a r d e d
t o F e d e r , H o lz m a n & C o ., C in c in n a t i, a t 104-400. F o l l o w ­
in g a re t h e b id s :
F ed er, H olzm an A Co., C m cin ...* ?6 5 65
N ew F irst Nat. Bank,C olum bus. (8 8 00
W . J. H a ye s & Sons, C levelan d .. 672 00
D enison . P rior & Co.. Cleveland. £ 2 1 18
S eason good & M ayer.C incinn ati. 615 75
R u dolp n K le y b o lte & Co., C in .. . 570 00

I B riggs, T o d d & C o.. C in cinnati..
L a m p reeh t Bros. Co., C leve........
|P e o p le 's Nat. Bank, B a m esville.
l F irst N at. Bank. B arn esville . ..
I P e o p le ’s Sav. Bank, Z an esv ille..
|

565 50
551 00
£00 00
490 00
435 00

F o r f u r t h e r d e s c r ip t io n o f th e s e is s u e s see C hronicle , F e b .
18, 1899, p . 346.

IN V E S T M E N T S

M IS C E LL A N E O U S .

T R A N S M IS S I O N R O P E .

RUTLAND RAILROAD 00.

FLANDRAU & CO.,

4\4% F ir st te n so lid a ted M ortgage
G old Bonds,
DDE J U L Y

1ST,

1941.

372, 3 7 4 , 3 7 6 BROOM E ST.

F u ll d e s c r i p t i v e c i r c u l a r on a p p li c a t i o n .

E. H. ROLLINS & SONS,
1 9 M ilk Stre e t. Boston. M a ss.

Just East o f Broadway.
4th A ve. electrics pass door.

The American Man’f’g

State,

67 W A L L S T R E E T ,

NEW

County, City,

School,

For T O W N
OF

BONDS.

N uveen

&

and

C o.,

COUNTRY.

ASSO R TM EN TS

H IG H E S T

C O M P R IS IN G
LOW EST

INVESTMENT BANKERS,

BRIGGS, TO D D & CO..

Elegant Carriages
UN E Q U A L E D

YORK.

M U N I C I PAL

John

Bonds.
C IN C IN N A T I.

Oo.

2d 3d <& 6th A ve. L
at Grand St.

P R IC E S

GRADE

ALL

STYLES.

FOR

Q U A L IT Y ,

A good stock o f second-hand vehicles, repaired in
our own lactory fo r sale at reasonable prices.

1st N ational B ank B u ild in g , C hicago
Correspondence solicited.

O H IO .

R efer en c e, F irst N a tio n a l B anks C hica go

THE

L a m p r e c h t B ros. C

o.

MUNICIPAL

BONDS.

C entury H ull,ling, C L E V E L A N D . O H I O .

S ecu rities N ettin g from 3 K to 6^

Whann & Schlesinger,

DEALERS IN

A L W A Y S ON HAND.
8end for our Investm ent Circular.

D E A L E R S INI

M UNICIPAL, RA ILRO AD ,
STREET R A IL W A Y & CORPORATION

DUKE M. FARSON. Banker.
1 Nil D earborn Strre»
C H IC A G O .

M unicipal Bonds

BONDS.

M U N IC IP A L and R A IL R O A D
S E C U R IT IE S .

L IS T S SE N T UPON R E Q U E ST .
In form ation Riven and au otation s fu rn ish ed c o n ­
cernin g all classes o f stocks and bonds that h ave «
Cleveland market-

F. R. FULTON & CO.,
M
171

B onds,

unicipal

LA

SALLE

STREET,

CHICAGO.

W. D. Van Vleck,
35 NASSAU S T R E E T ,

-

-

NEW

YORK.

M U N IC IP A L BONDS.

E

M U N IC IP A L BONDS.
C. S t a n w o o d & Co.
BAN KERS,

121 Devonshire 8treet,
_________ BO STO N.__________
We Buy and S ell M u n icipal Bonds
from Southern and W estern S tates;
also G uaranteed R a ilr o a d Stocks.
R OSENBERGER, i

L IV E R M O R E ,

(Specialists in T e x a s Securities).;

4 0 W a ll S tre e t.

N ew Y o r u .

S. A. K E A N ,
M U N IC I P A L A N D O T H E R
S E C U R IT IE S ,
1 3 * L a S a lle S tre e t, C mm-hru .

71 BR O A D W A Y

-

NEW YORK.

M. A. Devitt & Co.,
M U N IC IP A L BONDS
F ir s t N a tio n a l B a n k B u ild in g .

_________ C H IC A G O .

______

C. R. G O O D E & C O .
H IG H -G R A D E

W ARRANTS

N e t t in g l r o m 4

to

8?.

15 WALL STREET NEW YORK.